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HUNT’S
MERCHANTS5 MAGAZINE,
3 ?rek ljj
U kucspapn,
REPHESENTtXG THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[E n tered
nit r<* to A c t o f Coa*F6**, in t t » y v a t 13138, b y th e W o x u
VOL. 62.
m
E. D a s .v C o m i -a x v , in th e o ffic e o f t h e L ib ra ria n o f C o n gress.]
NO. 1,604.
SATURDAY, MARCH 21, 1896,
W nk ending March IF,
% h t
C h c o m c l c .
citariw* at—
Terms of Subscription—Payable ia Advance:
F J rO n * Y ea r.............. ..............................— ........................f l O 00
F arS Ix M ontiis................................................................
6 00
E aropeaa Subscription tisalodltig postJMto)..................... 12 00
European Subvert ptton Hitt H a n t s , (Including p osta g e).
7 00
Asumal S ubscription ta L ondon (ineiadlnK p o sta g e )___ * 2 10a.
sue Mo*.
d o.
d o.
do.
. . . . a i 10».
m e tstVKSTORS' g O m t m n R will be furnished without extra, charge
to every
a n n u al sutM xriber o f
th e C o h h k b c i x i .
axd
F ix a s c ia i.
C a n o xi cu t.
The H
tatb axd CITY Hcrypt.*seext will also tie fa m ish ed without
extra charge to every subscriber o f the O U p n t U l
The stsket R u t v t t s e n t t a m wlU tttresris* ho furnished wttAo u t extra charge to ev ery satuwirllrfir o f the f!«;8»XIt;«.K.
The (JCOTATIOS S c t p 6 » » b x t , tssned m onthly. WlUAlso be fa m ish ed
without extra charge to e very suhseriher o f the O iiK oxict® .
F ile cov er* are Sold a t HO cent* e a c h : potjsaije nn the sam e l» 19
se n te , Fite c o v e r fo r su p p le m e n t* c a n b e hail a t o fllM f s t 6 5 M t a o r
s ta lle d f o r 8 0 ce n t* .
Terms of A dyertlslnf—(P e r Inch space).
O b * t im e .................. .
S3 SO j Three M onth* (13 Urn**)..$25 00
O ne Month
(4 tim e*),. 11 00 j Six Month*
(2 « "
1.. 4 3 0 0
T w o Month*
18 "
) . 18 00 I T w elve Month* (S3 “
} . . 88 00
(The a b ove term * fo r o n e m onth and upward an* fo r standing card*.)
London Agents:
Now V o rk .,,.........
Philadelphia.. . . . .
PittAbarii..............
Baltimore..............
B uffalo.... . . . . . .. ..
W ash iu jd /m ...... **.
Roehextcr...........
Syracuse....... .
S e r m o t o t u ......
W UmlGRton........
B ingham ton.. . . . .
T otal M id d le....
Beaton. . . . *
Prat W e a v e ...,....
Hartford..........
New HaraxL.
Spri iijsflol d . . . . . . . .
Worcester..
port! and. . . . . . . . . . .
Fall R iv e r ,,,,.....
h w n i . ........ .
New Bedford........
Total New Sag.*
C escft***
M
Ctiictf) o a tl...
D e tro it-.. .. . . . . . . . .
C le v e la n d ...........
Milwaukee.. . . . . . . . .
C o!a m t»oe...«. . . . . .
lodiaoapoU a. . . . . . .
Peoria...... ■ **•
■ *"
LM idO U
iO E
M» » * ? * . E d w a b d * * 8 b i t it. I D r a p e r * ' G a rd en *. K. C „ w ill ta ltr s a b
s s r lp tlo n s a n d a d v e rtis e m e n t* , a n d s u p p ly s in g le c o p ie s o f t h e p a p e r
< ran d U *p d a . . ... .
3
a ; 1*. each.
W IL L IA M
A k ro n ..., . . . . . . . . . . .
Kuia m a zo o ... .
». D IM
C O K P A N V i P u b lis h e r # ,
Bar City*.
ReekferdL******»■*. ■
P lu s s tr e e t, C o r n e r o f P e a r l S tre e t,
P o s t O r n c a B o x 9S8.
SKW YORK.
BortsurfteM* O hio..>
C a n to n ......,...* * ..
Toledo*...,
a L E A R
i m
H O U S E
Dayton*... ».**«* -* -■
f m. Mid* We*t'n.
R E T U R N S .
T m foliowing tuble, mud© up by teltgr&ph, ace., indicates
that the total bank demrlixgs of all the el earing honmm of tho
linked Stmtm for the we*?k «nding to-day, March *31, hare
bM l 7^75,831,807, against f9B$£0Q,$l6 laat week and
117.04© the corresponding week of lm% year*
m*k
M turn* N
m
®
B a t e s . . . . . . . . . . . . . .a .., .* .. .
P h ila d elp h ia ..........................
B a ltim ore......... .
mm.
§487,2* 1,550
47,ff!tf»U 7
5 M 39,39©
12,018,333
M&nh 31,
1B9&,
§442,445,583
60,882,603
51,424,733
Per {’ #»!
*5*0
-0 -5
4 20 5
4-3*1
T otal all cities, 5 d a y s ....
All cities. 1 d a y .........
8,080.007
8,468,934
“ 4‘8
§697,109*407
ew Orleans. . . . * * * « * « .
S€87.5i5»: l f
«
4-4'*4
§821.100,313
154,720,294
§743,004,001
150,092,448
-F4 *9
4-3* 1
San. Pr*o*i»«>.<.*». *
Salt Lake C ity ..,..,
Peftl and. . . . . . . . . . . .
h m A w i0 m . . . . . . . .
H ele tm.. . . . . . . . . . . . . .
Tam m a ,. . . . . . . . . . . .
S e a ttle ..,.******
SpoStane..*.. . . . . . . .
Faryo...... ***..« ...».
$ion* F a lla ...........
Total Pacific., **..
Kmm$s C ity .,,* ....
M tcneapoH e... .**•
O m a h a ...... . . . . . . . .
St, P a a l.... . . . . . . . .
D e n re r.. . . . . . . . . . . .
JvWMrph ...............
IM lioliiei
s*
iAarntm. *-**•
**.***..*
BlowauCltf,, »**...**
T opeka.____ . . . . . . .
W ich ita ,.................
Fram o u t. . . . . . . . . . . .
ItaatJtaMpy*..........
Toft, other W est.
St. Uotii*.. . . . . . . . . . .
New Orleans*.. . . . . .
1
.........
U a lrestoo.... . . . . . .
H ouston..................
Savannah.,.. ...... .
R ich m on d ....
1880.
iS96.
la ss.
p . Cent
5 S .V T 6I«.^5,ISi
1 ,P *.«R
65,#3**,tm A .IT .1 A
S V3
1^,434.1& U RI9
S
.44N
M&
iM VLiO 11.6& H
lw
a.»20A50
3AS©»115
1.7.U.305*
1
U(D Ut
LioS,840
Pia.842
814,687
»ua>:n
701.0*7
038,1
05
m*,?m
H8 0
2 .A O
6H, £3,1.16 007,573
84.010.18S
# tO Q d
«S u S
Wi*TW
LihLSil
\ n tMi
mo,mo
&IM«.«37
12,440.150
«,*‘ lOU0-5
f
i
4,0^.304
2 4 ,7 5
,4 2 5 8
*,2oi,aid
mi 174
337,772
2*0,873
3..40MS »|
»K
MB0m
m iM i
mnjm
140,it 5
% tT4S
<m
1,
I*370,768
1.232,7031
700.400
671.1B7
4-0*1
—4*7
409.245A33
4-33*0
3.807,213
4*8’5
4-10*1
4-12*8
8 *3
-4
48*0
4-11*0
40
-1 *4
+12*6
80),?5)
tm ,-2-<
tdv.A
aO
401P
70.,
3 O M!
7 .3 0
1^.414!
4-14 0
4-17*6
i 800,607
-4 3
—
S'*
4-LT5
1,080.822
2,149,810
1,481.210
L368 434
L3H.028
1.291,013
738.636
640.595
385.954
-Veti*
8i.S8i.016
l l ,t s t ,« 0 0
4-V
4SV
4-1*4
410*0
—15*4
- 0*2
w^oisl 4123*5
~r«
m8,0. 0! 415
1
-0 4
—*
41
401*0
4 ii*l
SM
- J*0 4T3
f
imm% — 0*0
80,2 it j
WiM*
w.ou!
51
*3
M i©
styn }
345 422:
43 *.254i
?A© 6i
*©
7CM
*85|
■
© 5 ,0 0
.6 2 5 1
5,607,4931
2,540,4-45!
1.102,407
751,118
m*,mi
Wwqam "uo m m
77,052,111
11.43 ,15m
6,3 8.t>8‘)
A.041-923
>4,970,052
~ 3>s 8/200
i 0£$tim
M 0 -,05*‘
ttN tt?
M
300.148
S 6.000
A
174,032
21K
07Q
353.334
148,1“ '
134.1
1,187.384!
m
t7 ,«0 i]
A H
13.4,017
S 80
5.S
l»,707,213::
2.717.74101
40M
JA!
100,901,211
H 006,000
7.795.780
6 /U 1,831
8.731,740
3«
1,738 2 Ml
908.437
*15,227
M
267,
290/
im
111,067,60-7
•- r a
|
0,33i.S7$l
9,273,t54.'
&
d MS S %tm a si
.C J K t
*,4f€,0©0 3 j 14 Mm
i,«3LI47|
.% d ,8 * i
I1 9 4 2
2,7»?.W8!'
1.049.27B
100,301 ■ —17*2
1,176,000!
1,001,041
W 9
14,as.!,«71
5I& 1
C8
702.23
1.629,080
805.5’H
)
262,300
400 1.57,318,328 890.462,821
- 0-0 77.787 677
~H d 4.167.W 0S.287.247
0,4 09,TO
O
ri*>u,% , lto»74M
ciw
ai#l
1.4 m M i
707.750.4 54
3,3^ : 186
1370,570
1,044,521
US
4,707.500
4,730 143
0,310.303
5 \Oy3,S6N
: . 1.774
12,302.^23
1893.
1,510,730
1,477.071
762 HU
m&jm*
mjmMTt
& a..mi
,a t
ISO#
42«*i'
—
ISA
4108
433*9
—
IP*
415 0
45 *1
7 *
~mn
-3*9.
m M im .
12.731,940
14,714.140
:
8H
.SS2
974,780
««-2701
693, HR
1,300.570
l«
976,938
570 216
aH I ,740
-0*7;
17,980,412
22.w
59.084
0*0
1U00,870
4,798.116
4,453 173
10*104,031
5,911.274
2,819,733
lA&iMi'
© m
ro, \*
5 175,506
-
-2*2
441*9
47*8
-4 *
-3 0
-12*8,
413*8
tm mt
xmMi
152.2V2
3415,4*5
003,724
415/ 00
-22-2}
MiV ty tV4
jm
500,410:
& AH7j -23*8
U
418*0^
70,9a7!
___H4,00 ’
S4l*ll
328,566
6,450 0 8
A
i tm .736
LW 2O
9 .V 0
1.129,078
1.072,106
555,024
394 708
614*7X8
JIM
28.127,848
%\$m 480
.
0.x:4O.4;il
A 94A
S 88S
2,4$7,0002,012.704 j
1.770,O3#J
38,233,771
—*| 2M 08.209
S0
8,818,40
434
0,251.917
-3*9
24.560.086
—5*2j
2,091,535
lilt!
1,951 70S
-26*8
2.778,902
M S8
08.M
— f
0*7
2.207/37
1.707,250
2,0c6 280
®*6yw,l"/0
2,582.918'’ 2.107*201
48*4
The full details of clearings for the week covered by the
*/187
2
2,311.165
-* 91 1.3H .548
"8
1.040,008
em ph
1/13.060
above statement will be given next Saturday, We cannot, of M tla n tais..................
1,332,171
424*2
1,348.020
A
......... . . . .
-3*91 isno-.m-i
1.101,111
1,321.1 m-:
1/210.4 40
course, furnish them to-day, bank clearings being made up by Delias..............
820.842
S O O i 4-12*5;
^ .S O
1.883,154
1/M -M
9. O
827.240
0A».026
S’3.8l5 410*6
)
»
the various clearing houses at noon on Saturday, and hence in N ashT Slie...... . . . . .
l,0*V
.721
Norfolk....................
'500 000
078,809! 1,077.637 -W9,
600,000
W aco........... .. ....... .
the above the last twenty-four hours of the week have to be
519,3 34
667,380
881,130 —23*7
667.000
Fort W o rth .,,........
$30,00© 4-15-4
!
In all cases estimated, as we go to press Friday night,
011,887
Auimsta. .......... ...
35««.64«i
830.61m
40 8 .
S .9 -V
182,940
Our usual detailed figures for the previous week, covering B lrrn im rta & m ........
290,870,
338.417' 11?'!
-13*3;
602,265!
3,7,408
827,117
the returns for the period ending with Saturday noon, March L ittle R ocS t.........
■ ... .,
4irof
200,330 j
2*4,131
fV i,655{
14, are given below, and we also present the results for the Chattanooea.. . . . . . .
405.705
corresponding week in 1895, 1894 and 1898, In comparison KttoniUC
69
“ TC
Total S outhern., _l7,500s © j 58,930,503
with toe preceding week there is a loss in the aggregate
T otal a R . ... .., ,.. 933,980.516 ©33.6W»,0$* _4-r2| 837,200 and} 1,279,782.648
exchanges of nearly one hundred and twenty million dollars,
and at New York alone the decrease is over eighty-three mil Outside N, York., *17>29,8?9 410.072.930 “-nHi 887,054,678 483.532.494
!
lions, Contrasted with the week of 1895 the total for the
whole country shows an increase o f 0*2 per cent. Compared
—* .i 10,615,081! 11,858 608
71
830
M0B.ua
M o n tr e a l............
with the week of 1894 the current returns record an excess of T o r o n t o .,.,,.....,.,
5.100,456
4-22*0
4.00 i.
0«S
9d,4O
I
— i 1.110.889!
«*2
917,490
H u/H m
9*2 per cent and the loss from 1898 is 20*8 per cent, Outdde H a lifa x ....... .
855/479 4-34*1:
87O.05S!
i,ot»,06ii
Winnipeg..............
578/M‘O
;
of New York the gain over 1895 is 0*1 per cent. The excess H am ilton...,. . . . . . .
tm,n21 44t*6f
598.540:
l« »eo 7o^
i
IB ees soa
1 11
7 7
over 1894 reaches 7*& per cent, but making comparison with
Total Canada,....
1893 the lom is seen ro h 14 0 per cent.
**
* Not Included in total*.
T otal all cities fo r w mM.,
§075,835.807
§933,157,049
44*0
THE CHRONICLE.
522
THE FINANCIAL
SITUATION.
The most conspicuous event of the week affecting in
dustrial affairs was the issue on Monday of the North
ern Pacific reorganization plan. We have discussed
that matter fully on subsequent pages and need not
enlarge upon it here. Had other influences affecting
business bs9n of a recuperative nature, the announce
ment would have had a more exhilarating influence.
As it is, the beneficial effects which must in the end
result have not in any degree bsen discounted as in
good times they so often are. We are not permitted
to doubt that they are any the less important or less
sure to follow. When the new securities have been
issued and the old property stauds among its business
competitors, operated again by its officers as a solvent
concern, industrial interests will get substantial bene
fits from the change.
There is one aspect of the matter which is apt to es
cape attention, but which is very important. We have
reference to the effect of the reorganization on the state
of business in the territory tributary to the company’s
lines. We discuss that feature at the close of the article
already referred to, but shall make brief allusion to
the same thought here. As part of the scheme of reor
ganization, it is the purpose to spend a good deal of
money— a great many million dollars— to put the prop
erty in the highest state of efficiency, so that the road
may be able to render transportation service at a
low cost and yet derive a profit from the work.
The expenditure of this money will mean the
giving of employment to greatly increased numbers
of men, this in turn will mean expanding consump
tion, and that will mean a gradually enlarging volume
of business for all the local trades people. Moreover,
every effort will be made to secure a new influx of
settlers for the Northwest. The Northern Pacific has
a very extensive land grant. The sales out of this
grant have in the past been very large; during the
last two years under the unfavorable conditions pre
vailing these sales have dwindled to small proportions.
Active means will now be employed to cultivate the
settlement of the lands. Thus the indications point
strongly to a continuance and enlargement of the
activity in trade which last year’s excellent crops in
that section have already produced; and in time we
may look for a full recovery from the set-back under
which that part of the country has labored as the
result of the events of the last few years.
Under present currency conditions a decided move
ment towards business activity is heavily handicapped
so long as Congress keeps up its incessant agitation
of subjects affecting our foreign relations. An appeal
adopted this week by the Board of Trade and Trans
portation to our legislators at Washington urging
them to drop further consideration of those matters
no doubt closely reflects public opinion in business cir
cles. The experience following the Venezuela message
and the Congressional action it gave rise to are still
fresh in mind. That scare and panic arose mainly,
not from a belief in actual war with Great Britain as
the outcome of the dispute— money classes never looked
on that as a possible event—but from the knowledge
that even a prolonged discussion attended with con
tinued irritation, as then seemed probable, greatly
endangered gold payments. Although we have forti
fied our gold reserve since then and a panic is no
longer ajoresumable contingency, yet business interests
have never had relief from the fear of foreign entangle
[V on. L X II.
ments long enough to recover from the first shock.
Instead of that, the additional irritation with Spain
about Cuba has not only suggested possible war in
another direction, but these two affairs of a like char
acter coming so near together have given rise to an
indefinite fear of something else in prospect of a similar
nature, the public knows not what. It would certainly
grati'y business classes if foreign relations for the rest
of the season could be relegated to a position of less
prominence and domestic affairs receive more attention.
The political situation in Europe, notably the ex
pedition by Great Britain up the Nile as far as Dangola, and a lack of acquiescence in the movement on
the part of Russia and France, together with the ad
mitted friendly attitude of Great Britain toward the
Dreibund, have disturbed money matters somewhat in
London, and that has been reflected in a measure on
this side. Early in the week the relations of the
Pov'ers to this expedition were not very clearly
understood, and consequently the affair was looked
upon as not unlikely to lead to serious com
plications. Among other things, the recently reported
decoration of King Menelek of Abyssinia by the
Emperor of Russia was regarded as an indication of the
sympathy of Russia with Abyssinia and against Italy,
which latter nation this movement up the Nile by
Great Britain wa3 chiefly undertaken to assist. When
the cable announced that the movement had received
the support of Germany, Italy, Austria, and indeed
that it was virtually a closer union of Great Britain
with those nations, it was looked upon more as a clever
piece of diplomacy not likely to lead to any serious
result, but calculated to prove of material benefit to
Italy.
The money market has had a hardening tendency this
week, and commercial paper has been more closely scruti
nized. These results have followed from various causes.
A chief influence for the upward tendency was the call
on Monday of the Treasury Department upon tbe des
ignated depositary banks in this city holding part of
the proceeds received from the 4 per cent bonds for 20
per cent of such deposits.
This was not an order, but
more in the nature of a request to be responded to at
once only in case the loan and deposit accounts of the
bank were such as to make an immediate response
convenient; that form of withdrawal made it impossible
for the money market to suffer from any special
pinch which might follow the calling in of loans.
Up to last night 14,578,000 had been turned over
to the Sub-Treasury here, practically completing the
payments on account of the call. The effect seems
to have been to stiffen rates for call and time
money. The operation had no apparent influence
on commercial paper. That branch of the market was
more influenced by the further failures this week, lead
ing, as that has, to a closer scrutiny of names, aud also
by reports of a depressed condition of some branches
of the dry goods trade and bad state of the clothing
trade. Still there does not appear to be any urgency
in the offerings, though the large majority of the banks
are out of the paper market.
,
An interesting event of the week has been the action
of the Lehigh Valley Railroad Company in restoring
to its employees tbe 10 per cent reduction in wages
made in 1893. It is said that the change affects all
the officials and employees whose compensation is more
than $1,000 per year, from the President down.
It does not affect the ordinary day laborers,
whose pay had not been reduced.
Of course
Marten 21, 169fi. j
528
THE CHRONICLE.
the significance of this action lies in the cir
cumstance that it showa that the company’ s income
has improved sufficiently to warrant the step. T o e
company makes no monthly or weekly reports of its
earnings (a fact which is to be regretted, since there are
urgent calls for the information), and therefore
it is not possible to tell just what the extent
of the improvement has been. The road is a
large carrier of anthracite coal, and several o f the
other anthracite roads—-notably the Central o f New
Jersey and the Philadelphia & Reading— showed in
their January statements considerable gains in earn
ings over a year ago. As to what the result has been in
February we have nothing as yet as a guide ; if pro
duction has been restricted, as claimed, selling prices
o f coal on the other hand were better, as a consequence
of the agreement entered into the latter part o f Jan
uary between the varions producing interests. Tne
Lehigh Valley is dependent also upon the conditions
as to trunk-line traffic, and here the situation has been
quite favorable ; the good grain crops of last year have
enlarged the tonnage o f the roads, and at the same
time rates have been better maintained. There was
a meeting of the Presidents of the trunk lines here
tn this city on Thursday, to consider affairs connected
with the Joint Traffic Association, and at this meeting
great gratification was expressed over the satisfactory
way in which the Association has been fulfilling its func
tions. There can be no doubt that since the new
organization has come into existence rate matters have
been in better shape than for a long time past.
As indicating the course of trunk line traffic, the
New York Central has this week issued its preliminary
return for the quarter ending March 31, the figures
for March being partly estimated. The return fulfills
expectations, showing of course improvement over a
year ago. Gross earnings are reported at 110,484,600,
against *0,835,818 in the same three months of last
year, and net earnings 13,329,003 against 13,019,842.
The March quarter is usually the poorest of the year,
it comprising the winter months, and henco the com
pany did not earn the full one psr cent quarterly d iv i
dend in the three months, but the deficiency for the
present year is only $315,000 as against *581,919 in
the same quarter of 1895. For the nine months of the
company’ s fiscal year since the 1st of July, the gross
earnings record an improvement of 2j million d o l
lars— roughly 8 per cent. In the net the addition
is less than half a million dollars. The reason
for the difference is found in the policy pursued
by the management in the matter of renewal
and
betterment
expenditures:
feeling
certain
that a substantial improvement in earuiogs conlcl
be depended on, they have been very liberal in
that class of outlays. For the nine months, eveu
with this small addition to the net, there is a sur
plus above the 3 per em t dividends p u d of
$828,000. Last year in the same nine months the
return showed a deficiency below the amount paid in
dividends of *559,907. The dividends then agggregated 3^ per cent, but there would still have been
a deficiency had the payment then been only 3 per
cent.
Taere is now due at the N w York Sub-Treasury on
account o f the bands allotted to that office about
$5,958,600. The payments, withdrawals and net gain
or loss resulting from bond settlements this week,
together with the amounts to date, are shown in tho
following.
P a y m en ts.
F e b . S to M a rch IS .$ 5 9,550,522-4-1
March 1 4 ....................
•' 1 6 . . . . ...............
**
1 7 ....................
I S ..................
•' 19 ....................
“
2 0 .....................
49,135-60
176,491 02
146.451-64
334 336 99
116,614-68
370,425 53
T otal ............ ...... $60,744,277-90
W ith draw als,
S 1 7 ,8 1 0 ,1 0 4
N et.
$ 4 1 ,7 4 0 ,7 1 8 -4 4
204,500
160,800
137,500
361.100
113 700
600,000
155,364-40
15,691-02
8,951-64
*26,763,01
91468
‘ 229,574-47
$19,389,704
$41,354,573-90
* L ogs.
Money on call, representing bankers’ bil mess, has
loaned this week at the Stock Exchange at 44 and 2|
per cent, but the lower rate recorded on Wednesday
was after the engagements for the day h i l beau m ide,
and only a small amount was loaned at that figure. The
average for the week was about 4 per cent. Banksand
trust companies quote 4 p ercen t as the minimum.
Time loans are more firmly held, but the business is
small and confined chiefly to Long contracts. R itesa re
4 per cent for thirty to ninety days, 44 per cent for
four to five and 41 @3 per cent for six months and for
longer p»ri*d«. As already stated, the banks generally
are ont of the market as buyers of commer
cial paper and those who are in a position
to make purchases exercisi very careful scrutiny of
names. This timidity on the part of banks naturally
influences other buyers, and therefore business is re
stricted though some papsr brokers report a fair
amount of train in well-known namo3. There does not
appear to be any pressure of notes on the market and
rates are 5@51 per cent for sixty to ninety day en
dorsed bills receivable, 5^@6 per cent for four months’
commission house and prime four to six months’ single
names, and 6 to 7 per cent for good nam-w having the
same time to run.
Tho Bank of England minimum rate of discount re
mains unchanged at 2 per cant. Tne cable reports
discounts of sixty to ninety day bank bills in London
f @13-16 of 1 per cent. Tne open market rate at Paris is
I f per cent and at Berlin and Frankfort it is 2 per cent.
According to our special cable from London the B ink
of England gained £243,592 bullion during the week,
and it held at the close of the week £49,114,944. Our
correspondent further advises ns that the gain was due to
the receipt from the interior of Great Britain of £173,000 net and to imports of £71,000, of which £50,000
were from Egypt and £21,000 were from Portugal.
Foreign exchange has been easier this week. After
Wednesday long sterling was relatively weaker than
short, but the market his been very dull throughout.
The supply of bills bas been small and principally
confined to cotton drafts, while there ha3 been a very
light mercantile demand for remittance.
Ou Mon
day Lizard F.eres reduced their posted rates half a
cent for both long ar.d short, bat there was no change
in rates for actual business compared with F rid ay of
last week, these being 4 80|®4 87 for loag, 4 8 7 }@
4 88 for short and 4 88@ 4 884- for cable trans
fers.
The tone was reported dull and easy,
closing steady.
On Tuesday the Bank o f British
North America reduced rates for both long and
short half a cent, but there was still no change in rates
for actual business and tho tone was dull and steady to
the close. On Wednesday the market appeared to feel
the influence of greater activity in money and dearer
rates for time loans, and there was a distinctly easier
tone. Brown Bros, reduced the long rate half a cent and
Baring, Magonn & Go. lowered both long and short
half a cent, while rates for actual business were reduced
one-quarter of a cent, to 4 8 6 )@ 4 86} for sixty day,
4 874@4 87J for sight and 4 87f @ 4 88 for cable traus-
THE CHRONICLE.
524
fers. On Thursday there was no change either in
posted rates or in those for actual business, and the
tone was reported steady to firm at the close, though
long sterling was a shade easier. It is believed
that the Northern Pacific reorganization, the plan for
which was announced on Monday, has had some in
fluence upon exchange. The more active money mar
ket also was an influence and is likely to be the re
mainder of the month, as a good demand for money
may be expected in connection with the April settle
ments. Yesterday exchange remained firm, and rates
for actual business were advanced one-quarter of a cent
for all classes of bills. Posted rates were left unal
tered. The following table shows daily posted rates
of exchange by the leading drawers.
DA ILY POSTED RATES FOR FOREIGN EXC H A N G E .
f r j ..
MON.. T oes .. W ed .. T hur ., FRT..
.
Mar. 13 Mar. 16. Afar. 17. Mar. 18. Mar. i9. Mar. JiO
Brown Bros....... 60 days.
Sight....
Baring.
j G days.
O
Magoun & Co.. 1Sight....
Blink British
60 days.
No. A m erica.. i Sight....
Bank o f
f 60 days.
M ontreal........i Sight....
Canadian Bank v j 60 days.
Of Commerce., i Sight....
Heidelbach. Ick- 60 days
elbeimer & Co. Sight—
Lazard Freres... j 60 days.
Sight....
Merchants’ Bk. 1
o f Canada....... J Sight....
874
88*
88
89
88
89
8 7*
89
S ?*
89
87*
88*
88
8y
68
H
9
8 7*
88*
68
89
88
89
8 7*
84
8 7*
89
8 7*
88*
87
8 8*
8 7*
a s*
87)4
88)4
87)4
89
87*
89
87)4
88*
87*
68*
88
89
87*
8 8*
68
89
8 7*
88*
S7H
89
87)4
89
87*
“8)4
8 7*
88*
88
89
S »
88
89
87
88*
87f4
88)4
87*
80*
87*
89
87*
89
87)4
8o)4
87*
88*
88
89
87
88*
87*
88*
87*
88)4
87)4
89
87*
89
87*
88)4
87*
8 8*
68
89
The market closed firm on Friday at 4 87@4 88
for sixty day and 4 88|@4 89 for sight. Rates for
actual business were 4 86f@ 4 87 for lone, 4 87f@
4 88 forshort and 4 88@4 881 for cable transfers. Prime
commercial bills were 4 86^@4 861 and documentary
4 85J@4 86. Mr. Worthington C. Ford, tne Chief of
the Bureau of S atistics at Washington, this week issued
the February statement of the country's foreign trade,
and we give the figures below in our usual form.
fT
F oreign T rad e Movement of th e United St a t e s .
Jn the following tables three ciphers (000) are In all cases om ittea.
Exports.
M e r c li’ d is e . t
J u!y-S©pt..
171.082
ct.-D oc...
*06.938
Jauuary....
86.909
77,711
February..
Imports.
f
Excess.
*
Exports.
$
209,407
200,666
6S.653
62.487
-3S.345
+66,267
+ 18.256
+ 15,-24
172,189
2 4 N 484
,
81,230
55,983
167,647
17 2,723
67.518
58,316
+4.542
+ r -5.-761
+ 1 3.682
—2.333
602.615
511.213
+6 t .402
557,883
4 6 6,231
+ 9 1 .-52
2.855 + 3 5 .KH
3,699 +27.716
10.368
+lv8
-9,375
11,659
19.586
I t , 313
25.930
T otal ....
Imports.
Exce. s
t
(• o ld .
117,959
31,415
l 0,563
2,184
July-Sept..
Oct -D e c...
January....
February..
5,245 + 14.311
3,917
>7 ,*96
1,231 +24,699
5,632
-4,067
1,btb
+53.643
58,394
16.025
+42,369
3.699 + 11,089
3.275 + 1 1.893
+3.816
1,057
1.412
+3,950
11,621
11.709
3,755
3.073
2,761
2,479
662
396
+ 8,8c0
1-9 230
+ 3,093
■
+2.677
40,201
T o ta l....
(Sold in O re.
July-Sept..
8
O ct.-D oc... .
37
January. .. .
5
February.
7
9,143
+30,758
30.158
6,298
>23 669
475
552
179
IO
O
-467
—515
—174
-9 3
15
T otal ___ .
57
S ilv e r in O re.
uiy-Sept..
64
Oct.-D ec... .
277
Jamiarv__
86
February. .
45
1,306
—1,249
3,050
3,959
1.434
1,362
9305
82.124
T o t a l....
s ilv e r .
Julr-Sept..
Oct .-Dec...
January....
February..
14,768
15.168
4.903
5.362
T ota l....
472
28.181
23 L
176
68
75
—216
—171
+207
-7 5
295
550
—2.986
—3,682
—1,348
—1,317
30
2,452
2,129
975
701
—2,422
-2,127
—975
-7 01
-9.333
32
6,257
-6,225
275
2
We subjoin tbe totals for
m e r c h a n d is e ,
g o ld
aud
silver for the eight months for six years.
MKRCHANDtHIk.
Eight
MOt.
Exports. Imports.
GOLD.
Excess
E x
Of
ports.
Exports
9
95-96
94-95
9 3 91
9 2 93
91 92
90-91
•
»
602 .0 1 5
557 .6 8 6
633 .4 7 ?
5 8 6 ,8 ; a
7 3 7 ,9 0 2
622 .0 0 2
541 .2 1 3
4 66,234
1 1 4.415
5 5 7 ,0 7 3
5 2 3 ,7 7 8
510 .6 5 0
01,402
9 1,652
2 1 *062
2 9.800
2 1 4421
82.052
1896
Name of Road—
$
Balt. & Ohio Southwestern.Gross
489,81?
120,050
Net
392,708
Burl. Ced. Rap. & North. .. .Gross
147,90 L
Net
115,409
Chicago & W est Michigan...Gross
Net
8.191
Qev. Cin. Ch. & St. L ou is.. .Gross 1,102.200
Net
242.105
154,799
Peoria & Eastern............
41.979
Net
76.958'
Detroit Lans. & Northern... .Gross
Net
5.3*5
1,327,851
Grand Trunk.....................
Net
24i,?48
302,117
Lake Erie & W estern.........
Net
139.032
233.419
Louis. N. Alb. &Chic........ ..Gross
Net
49,324
234.547
Mexican International----Net
73,339
Mexican National..............
423+18
Net
187,612
75,754
Ohio River.... .....................
Net
23.129
143,7X1
San. Ant. &Arans. Pass . ..Gross
Net
3«,o42
19)', 178
Western N. Y. &Pa.......... ..Gross
Net
33.595
501,775
495,706
172,115
172,078
279.711
303,101
84,742
82.108
114,002
109,310
2.4 16 def. 17,303
940.212
1,053.614
234.227
230,342
112,516
132+57
15,825
33,565
82,449
75.4^3
6.573
def.3,365
1,259.169
1,358,248
182,893
209,794
209,28»
234+68
90,708
110,843
174,900
216,499
31,094
14.308
1P6.916
178,991
72,135
84.098
345,426
359.137
140,257
1- 8.343
46,094
48,0?5
10,64 L
18,314
194,509
127,037
»l,v04
68+32
217,216
2C9.943
3.J.58 /
43,7o0
1810.
Najne. o f Road—
Nash. Chat. & St. L ou is... ..Gross
419.338
Net
145,375
Pitts. Ciu. Chic. A St. L — .Gross 1.179.294
Net
224,180
67,643
Pitts. Youngs. & A sh........
Net
7.529
San Fran. & No. Pac.........
50,953
Net
4,452
W estVa. Cent. & Pitts .. ..Gross
72,150
Net
22,365
135+91
1,084.173
.03,851
Sl,036
27.503
47,517
7.303
67,237
22.250
>
82,181
5 >.6«9
1 0,560
61,703
1 3,380
20.641
BILVKh
Excess
im
B
3x
Im Exce**
of
.i
port*.
ports. ports. O r
Exports
purr,
*
*
$
29.787
16,575
64,117
t 1.044
45,013
1 «.860
52.304
42,114
*53,557
50.749
•29.663
3.754
40.673
30.190
35+00
28.317
22.919
16,160
1
3
19,248 ‘2 1 .1 2 )
12,555 17,035
1 \070 2 *,733
1 7,679 10.630
1 4.301 8,618
1 3,979 2.180
1895.
1894.
$
8
1895.
lii+
32
1893
$
591,433
200,184
324,616
79,050
127,879
def. 1,875
1,006,761
135.069
125.323
14.322
94.414
15,o32
1,428.863
2a0.5O9
271,608
103,326
204 603
10.532
212,108
75,471
413,265
137,517
59,748
23,013
147,449
34,051
278,334
74,075
1893.
402,801
165,590
1.117.941
90,297
73.805
17 276
50,603
4,758
80.833
22,339
1894.
357,511
130,294
1.012.70s
150,535
54.596
12.439
45.056
3,526
70.255
24,404
The following table indicates the h mount of bullion
in the principal European bauks this week and at the
corresponding date last last year.
Ma^ch 19,1896.
Bank of
— Excess o f Imports.
+ Excess o f exports
In the last table gold and silver in ore for 1893-94,
1894-95 and 1895-96 are given under the heads respec
tively of gold and silver; for the other years both are
included in the merchandise figures.
We give on a subsequent page our tabulation and
review of the gross and net oarnings of United States
railroads for the month of January, and the com
parison with last year is very favorable. As to the
probable character of the exhibit for February we have
already a few early returns of net for that month.
The Pittsburg Cincinnati Chicago & St. Louis, which
forms part of the Pennsylvania Railroad system, re
ports $95,121 increase in gross, $20,329
in
crease in net, and the Pittsburg Youngstown
& Ashtabula, which forms part of the same system,
has $13,393 decroase in gross and $19,974 decrease
in net.
The Nashville Chattanooga & St. Louis
reports gross of $419,338 for February 1896 against
$540,832 for February 1895, and net of $145,375
against $135,391 ; the Mobile & Ohio gross of $290,019
against $231,003, and net of $99,445 against $71,910 ;
the West Virginia Central & Pittsburg gross of $72,150
against $67,237, and net of $22,365 against $22,257,
and the San Francisco & North Pacific gross of
$50,953 against $17,517, and net of $4,452 against
$7,303.
—255
5
[ '• « « I.XIT,
Gold.
£
E n gla u d ...... 49.111.944
France........... 78,186,204
Germany*.... 32.944,100
A 08t.-Hung’y 25,720.000
8,004,000
8p»ln.............
2,623,000
Netherlands
Nat. Belgium* 2,587,333
SUver.
£
. ..
49,923,489
14,118,900
12,724,000
10,330,000
6,913,000
1,293,66?
March 21, 1895.
Total.
£
49.114.944
128,109,0*3
47,063,000
38,450,000
18.334,000
9,530,OOli
3,881.000
G ll.
Silver.
£
£
37,362,852
49,714,0 0
85,025,000
38,830,000 15 860.000
17,193.000 13,732,000
8,004.00(i 12,150,000
4,430, (00 7,069,000
3,460,000 1,733.000
Total.
£
37,302.852
135,539,000
54 690,000
50,925,000
20,154.000
11,490,000
5,199,000
ToLthis week 199,105,581 95,303,056 294,488.637 19t,0L 1,852 100249000 295,159,852
Tot. nrev. w’ k 198,736.359 95,190,170 293.920.5 29 191.533, L15 99.839+67 294,372,782
• TUe d iv isio n (b etw eon g o ld and silv er) g iv e n in o u r ta b le or c o in
and b u llion in the B ank o f G erm a n y au d tbe B ank o f B elg iu m is m ad e
from tlief b e st e stim a te we a re a b le to o b t a in ; in n e ith e r ca s e is it
a im ed to b e a ccu ra te , as th o s e banks m a k e n o d istin ctio n in th e ir
w e e k ly returns, m erely rep o rtin g th e tota l gold and s ilv e r, but ,w e
b e lie f o, th e d iv isio n w e m ak e is a olo se a p p ro x im a tio n .
v o t e . —We r e c e iv e th e fo r e g o in g results w eek ly by o a b le , and w h ile
n o t all o f th e d a te giv en a t th e head o f the oolu in n , th e y are th e re
tu rn s Issued n ea rest to th a t d a te —th a t is, th e la te s t r e p o rte d fig u re s .
The following statement gives the week’s movements
of money to and from the interior by the N. Y. banks.
THE CHRONICLE.
aUacf! 31, 1896.J
Shipped by
X . r . Woe.'a. X F . S inks,
Week Bnding March 2 9 ,1826.
j
!
1
!
$
E
Cmnreney ............................. .............
G o l d .................................................. .
$3,583,000
432,000
N et Interior
Movement.
S2.591.000 Gain. $992,000
400,000 Gala.
32.000
*4,015.000 $3,991*0m Gain.$ 1,024.600
With the Sub-Treasury operations the result is as
follows.
N et Changsin
Bank Tim ings,
O tttof
Banks,
i r « * Batin,} March 2 0.189S.
Into
Bmks.
B anks1 interior movement,a* above
S ab-Treasury operations ........ - —
14.015*000
31,300.000
$3,991,000 Galn.tl.024.000
26.100,000 Loss. 3.800.000
T otal (fold and legal tenders...... S2 ? ,315.000 $-38,091,000 Boss. 2,778.000
treatm ent
road
of
p r io r
lien s
in
rail
EMBA RRA SSifENTS.
N othing is more important to the credit o f Am er
ican railroads than that mortgage bondholders should
be made to feel perfectly secure in their rights. They
should have the assurance not only that they will be
protected to the fullest extent in all their mortgage
equities, bat that no act will be permitted which is
calculated to injure in the slightest degree the par
ticular security or securities in which they may have
their money invested.
And this applies not merely
during the period o f solvency of a railroad. It applies
with even greater force when a road becomes embar
rassed and passes into the control of courts and
receivers, for in that event bondholders are in pos
ition to suffer most from any step adverse to their
interests, and at the same time are in special need of
the protection and security which their mortgage lien
is supposed to accord to them.
While these are general rem irki, and h*ve reference
to all classes of mortgages and equities, junior as well
as senior, they have particular bearing in the c u e of
underlying or prior liens. Nothing could bo more
harmful, from any standpoint, than to subject the
holders of Hens of that character to damage or loss.
The bonds secured by such liens usually bear high rates
of interest, but the net return to the holders has
as a rule been quite small, because a very iarge pre
mium was paid in purchasing the bonds. The holders
were willing to pay this large premium, and to accept
a small yield per annum, simply because it was felt
that the bonds were gilt-edged and that the investment
was safe beyond peradventure. Yet there have been
instances where the holders of
such securities
have found that in the disaster which has befallen
so many companies during toe last few ysirs they have
been obliged to suffer only less serimsly than the hold
ers of securities much less a Ivantageously situated and
which never held the same uuqiestio tel character as
their own. There are bonds to-day of undoubted
merit, and which are earning their interest in full, but
which on account of the financial embarrassment of
the company issuing the bonds are forced to go with
out their regular interest retarua.
This is not as it should bp. and is a situation calcu
lated to injure the credit of Halted States railroads,
particularly where, as happens in several instances, the
bonds are to a great extent held abroad. When the
mortgages bear a high rate of interest and have also a
good many years to run to maturity, there is of course
an obvious advantage to a company in paying them off
and replacing them with obligations bearing a lower
rate of interest. In such a case it is difficult to resist
the conclusion that the default has not been made with
design or is not being purposely continued iu order to
525
force the holders to consent to the paying off of their
bonds or to make concessions which, it is not needful
or right that they should make. W e do not say that
this intention exists. We simply assert that the act con
veys the impression that it does exist; and as concerns
the effect on the credit o f our securities the one is as
injurious as the other.
In most o f the ev-lb r mortgages there is a provision
that in case of default iu interest, continued for a cer
tain length of time, the principal of the bonds shall
also become due. A nd it has been charged in some
instances that default had been allowed or procured
with the intention of permitting the company to pay
off the bonds- a right or privilege which it could not
otherwise have claimed. We should think it at least
douhtfal whether in case it can be shown that there
was no need for default, and that the act was collusive
in nature, the courts would hold that the pro
vision as to payment of principal coaid be exer
cised where the bondholders object to such a course.
It
will he remembered that when the
New
York & New England, during its receivership,
defaulted in the interest on the first mortgage bonds,
it was feared that the intention was to create just
such a situation and make it possible to retire that
issue.
These bonds bear high rates of interest
(some < per cent and some 7 per cent), had some ten
>
years to runyet, had been purchased at high figures, and
were considered an investment of the first grade. It
would have been in every way an injustice to com pel
the holders to part with such a security against their
will. Loading houses here and elsewhere, ns may be
recalled, took active measures to prevout the threatened
misfortune, and the bonds still remain'' in existence,
forming an obligation of the reorganized New England
Railroad.
But whether there is an ulterior purpose in view or
not, default should never be allowo \ on well-secured
prior li*>ns if it can be avoided. Of course wo recog
nize that complications and conditions may arise mak
ing it impossible to prevent a lapse in payment.
Barring thri, however, default should be carefully
guarded against by all concerned. With the junior
liens deprived of their interest, the prior lien3 are
certain to suffer to soma extent in any event, in value
and in public estimation, since a discredit attaching to
one part of a company’s securities will necessarily
affect also the other and better part. Under such
circumstances it is wrong a3 well as an additional
hardship to the holders to still further depreciate the
value of the prior liens by withholding payment of
interest due on them.
What is here said of the treatment of prior liens by
Courts and receivers is of equal application when in
the process of reorganization and foreclosure the ques
tion come3 up what course to pursue towards such
liens. N o underlying or prior liens should bo dis
turbed ^reorgan ization unless there is clear warraut
for doing so. More than that, the holders should never
be left in doubt regarding the intentions of. those pros
ecuting foreclosure proceedings. Fortunately, nearly
all recent reorganizations have clearly recognized
this principle.
We have an instance this week in
the plan submitted for rehabilitating the Northern
Pacific. As stated in our article on a subsequent page
reviewing the plan, the reorganizers would like to see
the general first mortgage bonds converted into a new
security, and they offer strong inducements to the
bondholders to get them to make the exchange. A t
526
THE CHRONICLE.
[VOL, LX1I,
the game time, they enter an emphatic disclaimer of are convinced that the non-assenting holders should
any intention to coerce the bondholders, saying: “ It have the amount of their claims, and some of them
is not sought in any way to enforce a conversion of the have expressed themselves to the effect that they can
prestnt general first mortgage bonds, and this offer is depend on getting it. But an announcement that this
made solely upon the belief that on the terms pro was to be done would remove all doubt and would at
posed such conversion, while advantageous to the the same time be a step in the interest of American
company, is also manifestly to the advantage of bond railroad credit.
holders so converting.”
The character of the men conducting the undertak
ing in this instance was of course a guaranty that no EGYPT AND THE EUROPEAN SITUATION .'
Things have become sufficiently lively in Europe,
attempt would be made in any event to disturb or jeop
A day or two ago it seemed as if we were on the point
ardize the status of these bonds; but to relieve the fears
of holders, who for one reason or another may not care of a wide misunderstanding among the nations. In
to make the exchange, such a clear and emphatic state this case time has told for the better. There is much
ment is deserving of very strong commendation. It less alarm; and the tone of public feeling has been
would be well if in the case of other embarrassed com considerably quieted. The immediate future, it has to
panies where holders feel some anxiety as to their be admitted, is somewhat doubtful.
At the present moment British diplomacy, which as
position, those in charge of the proposed reorganiza
Mr. Goschen said the other day is not given to crooked
tions should also take the holders into their confidence
and assure them that they will get the full measure of ways, and not skilful thereat, has to all outward ap
It is some time
their rights and claims. It is proper to say that the pearance mastered the situation.
since Lord Dufferin showed his hand; but in this case
Northern Pacific firsts have been treated with due
consideration all through the company’ s financial we are not permitted to doubt that in bringing about
troubles, the interest having been regularly paid on the present result he has been mainly instrumental.
them—receivers’ certificates being issued rather than The real difficulty was in Paris, not in Rome. Nor
was this all. There were serious difficulties in the
to permit default.
While on this subject, we may’ say that we have re Italian capital. There were serious difficulties also in
ceived a great many letters from holders of the various St. Petersburg, in Vienna, at Berlin and at Cairo. All
first mortgage issues of the Union Pacific Company, these had to be overcome, and that they have been
both in thiB country and in Europe. Some have ref overcome, and apparently with success, is a triumph
erence to the proposed reorganization (one of which for Lord Salisbury and his diplomatic agents.
There is no longer any mystery about the actual sit
we discussed in our issue of February 29), others to
the arrears of interest which are still permitted to uation. The disaster at Adowa has had one good
exist by the receivers and the Courts. A coupon on the effect. Bad for Italy undoubtedly, it yet has had the
main line firsts was paid in January, but this leaves effect of clearing the atmosphere, which otherwise
two coupons yet in arrears— a full year’s interest— and might not have been cleared so effectually. We know,
on some of the other first mortgage issues (all coming with a fair amount of exactitude, just how things are,
ahead of the Government lien) the company is much and looked at in the clearer light which we now enjoy,
further behind. One of bur correspondents, after we see that the cause or causes by no means justified
noting that no receivers’ certificates have been issued the excitement which for a couple of days prevailed.
on the property, ventures the opinion that the road is England announced her intention, or rather she took
“ playing poor to get the Government to settle.” We steps without any formal announcement, to send men
can see that the company might have something to and munitions of war up the Nile to aid the Italians if
gain from such a course, but certainly the receivers necessary, bpt mainly to resist any movement which
and the Courts (who are now in charge of the property) the Mahdists, taking advantage of the Italian defeat*
would not lend themselves to the proceeding. It does might be tempted to make on Kassala. It is quite
seem however as if the bondholders might be given probable that point was given to the movement by
their interest with greater promptness.
the unofficial announcement made by Mr. Chamber
It would also be gratifying if the Reorganization lain, the Secretary of the Colony, that “ happen what
Committee of the Union Pacific could see its might, England would not leave Egypt.” The whole
way clear to making a definite announcement as matter admits of easy explanation, if explanation is any
to what course they intend to pursue towards non-as longer necessary. England holds Egypt for the Egyp
senting bondholders of these first mortgages— whether tian Government. It is to protect, preserve and ad
the holders will be given par and interest. Many vance Egyptian interests that she occupies the country
of these bonds are held by trustees, estates, and others and controls the Government. 8he is bound in the dis
who have no power or are unwilling to take the new charge of her duty to preserve the territory intact, so far
securities offers d in exchange, and who will insist on as it is for the general interest of the Government and
having their bonds paid off. We understand that these people. A threatened descent of the Mahdists on Kassala,.
holders have been conferring together and that they and probably on Egyptian soil, was surely a sufficient
contemplate steps to protect their interests— if re justfication of the British in Egypt to decideupon send
quired they will bid for the road in order to make cer ing troops to the Upper Country. It was a step which
tain that it shall bring enough to pay principal and in none of the bondholders or guaranteeing Powers could
terest in full. The Reorganization Committee might object to, because it was in the interest of them all..
relieve these holders of the necessity for this step by For England to have acted otherwise would have
announcing either that they will eventually pay par amounted to a dereliction of duty.
and interest for the bonds or else that they will have a
There is one other matter which it was impossible
clause inserted in the foreclosure decree fixing the price for the governments to ignore, especially when it
to be paid for the property at a sum sufficient to ensure was properly put before them— we mean the source,
that end. The members of the Committee we believe whence the money was to be drawn for the payment of.
Mabch 21, 18J6.J
THE CHRONICLE.
the costs of the expedition towards the South. If the
money were to he paid out of the British treasury, or
if the impression had been allowed to remain that it
was to be drawn from that source, the idea of conquest
and permanent occupation would have been suggested.
England, it would have been said, is defying Europe
and ignoring the bondholders. A3 it is, however, this
cannot be said, nor can the most fault-finding discover
cause of quarrel. The expedition is undertaken and
is to be carried out in Egyptian interests, in and for
the benefit of the Khedive’s Government, and also for
the benefit of the bondholders; and therefore the ex
penses are to be borne by the Reserve Fund, which is
held for the payment of the Pablic Debt— a fuDd in
which all those just named are more or less equally in
terested. This, it will be admitted, is another evidence
c f skilful management, and help3ua to understand why
quiet and apparent contentment have followed so
quickly on the recent excitement.
Among the causes which have produced the agree
able change, some place must be found for reflection.
It is one thing to go to war in these times, especially
withiD the limits of civilization. It is another thing
to talk about it. France was about to send her ships
to Alexandria Bay ; and of course transports were to
follow, Russia wa3 supposed to be ready to rush her
Black Sea fleet through the Bosphorus and the Darda
nelles and join her ally in the Mediterranean, where,
haviDg pierced the barrier, she would make a permanent
stay. Second thoughts, however, are sometimes best It
was a dangerous step to rush to war, even if it were to be
with such a Power as Eugland alone. Her resources
are enormous. Her ships are equal or all but equal to
the combined navies of the world. Her numerous
colonies are exhaustive of her m e n ;
but
her
wealth has been found equal
in
times gone
by to keeping Europe in arms, and it might
in an emergency do so again.
Her colonies besides
are loyal; and in a trying time could well be trusted to
defend the peace and to defend their own coasts. In a
few days she could have at her side and under her perfect
control whole battalions of Indian troops, some of the
finest soldiers in the world.
Then again it is hardly
conceivable that Kussia and France, even if joined by
Turkey, could attack England without begetting com
plications which would upset all original plans. It is
to be borne in mind still further that not one of the
powers named— Russia, Turkey nor France — can
reach E g jp t by land. W e are left, therefore, to draw
our inferences as to what British ships might accom
plish in the event of any hostile landing being at
tempted on Egyptian soil.
The crowning triumph of all, however, is the preserv
ation and consolidation of the Dreibund, In view of
present facts well may the Russian Vledomoati say that
England knows the pulse of Europe better than any
one else. Italy was crippled, and a3 an ally rendered
comparatively useless. E ogland comes to her aid, and
by this bold and generous act saves and strengthens
the third member of the Alliance. She does more.
Hitherto 3he was only a friend of the Dreibund. Now,
although we have no evidence that she has becomo an
actual member, we are not left to doubt that in cer
tain emergencies she is pledged to give it active aid.
She has drawn herself closer to Germany and Austria;
and by making the Triple Alliance stronger, she
has established on firmer foundations the peace of E u
rope and the world. Let us hope that nothing will hap •
pen to mar this agreeable prospect.
527
NORTHERN P A C IF IC REORGANIZATION
PLAN .
Probably no more strongly-supported reorganization
plan has ever been issued than that of the Northern
Pacific, promulgated this week. The plan is unique
in having secured in advance the adhesion of every
leading equity in the property; for not only has it
been prepared with the approval and co-operation of
Messrs. J. P. Morgan & Co. and the Deutsche Bank
of Berlin, but both the General Reorganization Com
mittee, of which Mr. Edward D . Adams is Chairman,
and the Protective Committee, representing the stock
holders, aod o f which Mr. Bray ton Ives is chairman,
join in its presentation. Moreover, the plan lias re
ceived the approval of the representatives of a
large majority of the bondholders of the three main
line mortgages in process of foreclosure, namely the
General Second, the'General Third and the Consoli
dated mortgages. Considering the conflict and fric
tion at one time existing between the various parties
who now join together to recommend the plan, and
particularly the hostile attitude of the stock, this har
monizing of all interests is quite a notable achieve
ment, and ensures the speedy and successful carrying
out of the sjhem e.
The plan is also distinctive in the magnitude of the
sum for which a syndicate has been formed to take
care of the financial part of the arrangement. There
have been a great many important railroad reorganiza
tions within the last two or three years, and they have
all provided for very large syndicates. In this instance
the guaranty syndicate if not absolutely larger than
auy preceding one, ranks with thoBe o ' the very great
est proportions. The syndicate has been formed by
Messrs. J. P. Morgan & Co. of Now York and the
Deutsche Bank o f Berlin, and is for the subscribed
amount o f $45,000,000. The plan does not give
the actual money requirements, but we are informed
that the cash needs are estimated at from 25 to 30
million dollars, besides the loans that may be required
while the reorganization is pending. It is possible
that the whole 45 millions may not be needed, but it
has been thought best to make the amount large
enough to cover all contingencies. In the Reading
case the grand aggregate of the syndicate guaranty was
also of very exceptional dimensions, but it was in two
parts; the immediate guaranty was for 28 million dollaia (this representing the cash requirements under the
plan), and in addition the syndicate guaranteed the
extension or payment of certain bonds maturing during
the next two years, amounting to some 20 million dol
lars more.
In view of the union with the Great Northern pro
posed last year, and which created such a stir at the
time, it is interesting to note that the present scheme
provides for an absolutely independent reorganization.
The plan covers the Northern Pacific system, but not
the Wisconsin Central and the Chicago & Northern
Pacific, which are outside properties, though the
Northern Pacific at one time held control of them.
In the treatment of the different equities in the prop
erty, the plan follows the principles which it is now
universally admitted must control in such cases;
stockholders are called upon to provido a considerable
part of the cash requirements, heavy assessments being
levied to that end ($15 a share on the com mon stock
and $10 on the preferred stock); junior bondholders
are required to make concessions by converting a
528
THE
CHRONICLE.
[Von. LXII,
portion of their holdings into securities the payment but it will also cover a great deal more property— the
of interest on which is dependent entirely upon incom e; whole system from end to end, including terminals,
while liens that are good are not disturbed. We have said equipment, etc. But in addition there will be another
that the plan has the assent of a large majority of and a very important advantage. The present general
the various issues of securities, and that is not strange, mortgage lsts are redeemable by compulsory drawings
for in the adjustment between the different interests any time at 110 per cent from the proceeds of land
the scales appear to have been held fairly and evenly. sales or the fixed annual contribution by the company
The frank and open method of dealing with the gen to the sinking fund. Thus, though the bonds have 25eral first mortgage bonds is to be strongly commended. years to run, a holder can never tell when his bond
These bonds are perfectly good, and no default in the may be called for redemption. The Committee state
payment of interest on them has been permitted even the situation none too strongly when they say that
daring the receivership. It will be to the interest of “ these compulsory redemptions in the past have been
the property to have these bonds converted into the a disturbing factor in all calculations for investment
new Prior Lien bonds, and strong inducements are purposes, and the inauguration of a new and vigor
the
sale of the lands
may
offered to holders to make such conversion. Never ous policy for
theless, as stated in a previous article, the reorganizers be expected from this time forward greatly to
The
take pains to declare that “ it is not sought in any way increase the amount of such redemptions.”
to enforce a conversion of the present general first conversion is recommended by Messrs. J. P. Morgan &
mortgage bonds, and this offer is made solely upon the Co., August Belmont & Go. and Winslow, Lanier & Co.,
belief that on the terms proposed such conversion, win originally issued the bonds, as well as by the Ger
while advantageous to the company, is also manifestly man Committee of general 1st mortgage bondholders.
Obviously the company desires to see the oonds ex
to the advantage of bondholders so converting.” As
regards the small amount of underlying liens ahead of changed mainly in order to save the large yearly sink
the general -firsts (we mean the Missouri division and ing fund charges now required. The saving of sixPend d’ Oreille division bonds), these are redeemable at tenths of one per cent interest per year would not in
par and interest, and we are informed that it is the itself be a very great item. During the last five years
the proceeds o f land sales available for
the
intention to pay them off.
There are to be two general issues of bonds, namely sinking fund of the General lsts amounted to
$130,000,000 Prior Lien 100-year 4 per cent gold only $1,772,163, while for the same period the
bonds and $60,000,000 General Lien 150-year 3 percent full requirements for the sinking fund for these
gold bonds, and two general issues of stock— $75,000,- bonds was $3,272,860, leaving a deficiency of over 1£
000 4 per cent non-cumulative preferred stock and million dollars to be supplied from net earnings. It is
$80,000,000 common stock. All outstanding issues of pointed out by the Committee that of late the dim inu
stock and bonds are to be converted ultimately into tion of sales of lands applicable to this and other mort
these new securities. While the position of the gen gages has thrown upon the transportation earnings o f
eral mortgage lsts is a very strong one, as already the company the burden of their sinking fund charges,
stated, their lien does not extend over the whole prop and furthermore that “ these charges, with the other
erty, covering the 2,152-35 miles of main line but not sinking fund obligations to the public, amounting to
the 2,554-09 miles of branches, nor any of the terminal $1,463,763 per annum, will be entirely relieved by the
properties owned by the St. Paul & Northern Pacific full operation of the plan of reorganization.”
E E ., the Northern Pacific Terminal Company of P ort
The treatment of the other bonds, as already said,
land (Oregon), or the Northern Pacific & Manitoba seems to be fair and equitable. The Collateral Trust
Terminal (W innipeg), all of which are owned by sep notes and the General Second Mortgage bonds are the
arate organizations. Speaking of the defects of the only issues (besides the General 1st Mortgage bonds)
Northern Pacific system and of its various mortgages, which are to receive any of the new Prior Lien bonds.
the Eeorganization Committee well say: “ As it now The Trust Notes get 100 per cent in these bonds and 20
stands, the system, in its form of incorporation and per cent in preferred stock, besides 7 per cent in cash.
capitalization, is a development without method or The Second Mortgage bonds get 11S£ per cent in the
adequate preparation for growth. Scarcely any single Prior Lien bonds and 50 per cent in preferred stock,
security is complete in itself. The main line mort besides 4 per cent in cash. The other bond issues are
gages cover neither feeders nor terminals. Tue termi settled with General Lien bonds, the 3d mortgage
nal mortgages may be bereft of their main line sup getting 118£ per cent in these bonds and 50 per cent
port. The branch line bonds are dependent upon the in preferred stock, besides 3 per cent in cash; the D iv
main line for interchange of business, and the main idend Certificates 118 per cent plus 50 per cent in pre
line owes a large part of its business to the branch lines.” ferred stock and 3 per cent in cash; and the Consol
All this will be obviated in the reorganized company, idated Mortgage bonds 66^- per cent in General L ien,
for the new bonds to be created will be secured by a 66£ per cent in preferred stock and 1^ per cent in cash.
mortgage upon the main line, branches, terminals, land A table is given in the plan which shows that disre
grant, equipment and other property.
garding the amounts of cash and securities allowed
The general lsts are offered $1,350 of new prior for back interest the allotment of new securities (bonds
lien 4 per cents for $1,000 of the existing 6 per cent and preferred stock) has been on a basis to yield alto
bonds, and if they make the exchange the coupon due gether 6 per cent to the seconds when the preferred
next July will be paid the 1st of April, from which stock shall earn full dividends (of 4 per cent), 5 per
date the new bonds will bear interest.
The return cent to the thirds and 4 per cent to the consols. In
in interest would then be $54 per year, against $60 as fixed-interest securities the allotment has been graded
at present— not a very great difference considering so as to yield 4 per cent to the seconds, 3 per cent to
that the new bonds will have 100 years to run while the thirds and 1£ per cent to the consols.
the existing bonds have only 25 years of life remain
The company’s fixed charges at present for interest
ing. Of course the issue will be a much larger one, and sinking funds amount to $10,905,690 per annum.
March 31, 896,]
THE CHEONICLE.
Under the reorganization when fully carried out
(exclusive o f bonds reserved for new construction)
they will be only $6,052,660. The adjusted net in
come available to pay the charges amounted for the
year ending June 30, 1895, to $6,015,847 ; the average
for the past five years wa3 $7,801,646; for the year
ending Jane 30, 1891, the amount wa3 $9,493,173; for
1891-92, $10,067,408; for 1892-93, $9,340,165.
The common stock, as already stated, is obliged to
pay an assessment of 15 per cent, receiving in consid
eration of this payment 100 per cent of new common
stock, and the preferred stock is required to pay an
assessment of 10 per cent and will receive 50 per cent
of new preferred stock and 50 per cent of new com
mon stock. It is a striking fact that even the com
mon stock is placed nearer to a dividend basis than
before, notwithstanding the increase in the amount of
new securities to be issued. Counting dividends on
the preferred stock, the charges ahead of the common
stock now amount to $13,724,754; under the reorginization when fully carried out the amount will be only
$8,952,660, The reduction results through the lower
ing of the fixed charges and from the fact that the new
preferred stock will be a 4 per cent obligation instead
of an 8 per cent obligation as at present.
The provision for future new capital needs is found
in a reserve of $25,000,000 of the new Prior Lien bonds
to be used to the extent of not exceeding $1,500,000
per annum, thus covering the next 16 years. No definite
settlements have yet been proposed or effected with the
branch line bonds, but sufficient amounts of the (fun
eral Lien bonds and preferred stock are reserved to meet
the requirements for this purpose. The most vdaable
of tbe branches are covered by the Consol Mortgage; as
to the rest each will be dealt with separately and in
accordance with its merits. The voting power on the
stock will be lodged in five voting trastees, namely
Messrs. J. Pierpont Morgan, Georg Siemens, August
Belmont, Johnston Livingston and Charles Lanier,
who will hold control for five years, A feature of the
plan is that after the termination o f the Voting Trust
the preferred stock is to hive the right to elect a ma
jority of the board of directors of the new company
whenever for two successive quarterly periods the full
and regular quarterly dividends upon the preferred
stock at the rate of 4 per cent are not paid in cash.
While the carrying out of the proposed reorganiz ttion will mean much to the security holders of the
Northern Pacific, it will mean hardly less to the com
munities which the system serves. It may bo taken
for granted that local sentiment will he favorable to
the reorganized company, since the road is to be main
tained as a separate system. By improving the prop
erty, moreover, it will be placed in better position to
meet the requirements of the various sections traversed
by the road.
Furthermore, the reorganizers pro
pose to spend large amounts immediately for such
improvements, and this will have a marked effect
in stimulating trade in the Northwest. Finally, t
is the intention to purane a vigorous policy in
the development of the territory tributary to
the road by promoting settlements on the company’s
extensive land grant. Already business is active in
that part of the United States, and for the 3even
months of the current fiscal year to January 31 the
gross earnings of the Northern Pacific have increased
$1,799,776 as compared with the same seven months
of last year, and the net earnings £1,837,911. Under
the reorganization this activity will be farther in
529
creased. We violate no confidence when we say tha
in the opinion of those who are supporting the effort
to rehabilitate this great railroad system, the step will
mark a permanent turn in the tide in the Northwest,
ensuring, it is thought, continued prosperity for many
years to come.
RAILROAD
GROSS AND NEIL E A R N IN G S
FOR JA N U AR Y. ;
As had been clearly foreshadowed by our early re
turns and compilations, the statement of the gross and
net earnings of United States railroads which we this
week present for the month of January is a very favor
able one— making of course a very auspicious beginning
for the year. In the gross the increase (on the 141
roads or systems reporting) reaches nearly 4 f m illion
dollars, or about 9 per cent, while in the net the in
crease is $2,328,294, or 16*91 per cent.
The conditions the present year were on the whole
better than a year ago. As a consequence of last
season’ s.excellent cereal harvests, the grain movement
was much heavier than in January 1895.
In the
South, to be sure, the roads still had to contend with a
greatly diminished cotton movement (the result of
last season’ s short crop), but on the other hand the
weather was less of a drawback than a year ago in that
sectio -, and on the Pacific Coast there was a very
decided improvement in the weather conditions. The
following is a summary of the figures for the month.
tncreme.
January.
! l i l roo4t.)
1S00.
PerCm t
Amowit.
9
1
54,820,27* 62,15B.05»
A
0<TS3.7S3
G y ra tin g wcfMHMM.
K «i earning* . . . . . . . . . . . . . . . . . . . .
♦
4fe e * s ie
19.WM.5IB
s.ass.sw
8-84
808
ie*oi
It may bo somewhat of a surprise to hoar that there
had been an increase last year also in both gross and
n et; but such was the fact, thus making the im prove
ment the present year all the more noteworthy. Th e
in rease in 1895 was of course not very large, yet it
reached almost a million dollars in the gross and
over a million dollars in the net. In 1894, on
the other hand, we had heavy losses, that being the
period succeeding the panic of 1893. Below we carry
the comparisons back to 1890.
n o r end
number
a frow k.
Net Bnmingt.
Gnm Burning*.
Year
Given.
Ymr |Incrtmt or
Preceding. \ Deermm.
Year
Ymr
GUm.
Preceding.
Imream or
Decrease.
13.078.610
t.'t. 117,051
1U,3«1,*5S
n .s s s ja a
18.2W.37S
18.008.fti5
I0.872.SS3
13,404,056
14,323,117
1 4 ,« 3 S 5
12,7*5,034
12,123,308
13,768,251
+1,554,376
+1,308,484
-881,126
-1,320,080
-1,131,828
+1,608,075
+2,326,201
Jemmry.
m o am
im i
im
im%
\mi
isos
am )
am
{125}
a ss)
am
m o m p
a j m s m : + 9 jm ,4 m
m j m j m i hhm& m *
5SJSHjml 52,488,170 HHLUM&
M j m j m 5 s ,i« u o 3
U J m j m 5$,12r,S47 -7,077,1 Nm jn za M ] 46,072,015
+800,245
m jm s m
•Ajm .’m
All sections of the country and practically all classes
of roads have contributed to the present year’ s im
proved results. This will be seen when we say that in
the gross the Pennsylvania (lines directly operated
east aud west of Pittsburg and Erie) reports $540,600
increase, the St. Paul $435,244 increase, the Canadian
Pacific $303,762 increase, the Atchison (without the
St. Louis & San Francisco) $249,722, the Erie $221,992, the Barlington & Quiacy $218,773, the Illinois
Central $203,121, the Oaesapeake & Ohio $159,020,
the Central of New Jersey $157,134, the N orfolk &
Western $153,384, the Northern Pacific $146,110, the
Baltimore & Ohio $130,510, the Southern Railway
$128,881, the Reading with the Coal & Iron Company
$117,639, the Burlington Cedar Rapids & Northern
THE
530S
CHRONICLE*
#112,995, &c. In the net earnings the general result
is much the same, the Atchison showing #284,551 in
crease, the Reading $230,687, the Northern Pacific
#167,412, the Canadian Pacific $149,230, the S '. Paul
$148,254, the N orfolk & Western $145,756, the South
ern Pacific $149,489, the Erie $142,496, the Central
o f New Jersey $103,934, &c.
PRINCIPAL CHANGES IN G R O S S
EARNINGS IN
J A N U A R Y .
In crea ses.
1n crea «os.
P e n n sy lv a n ia t (3 rM s).
C h ic. Mil. A St. P a u l.. .
C an ad ia n P a c i f i c .........
A tch . T o p A 8. Fe.........
$ 5 0 ,47 9
$ 5 4 0 ,6 0 0 U nion P a cific (6 rM s )...
48,6 46
435 . '4 1 C lev. C ia. C hic. & St. L .
4 7,8 90
3 0 3 ,7 6 2 I o w a C en tra l .................
G e j r g ia .................
4 5 ,7 8 6
2 4 9 ,7 2 2
3 9 ,6 3 7
2 2 1 ,99 2 8t. L ou is & 8an F i a n .. .
E r ie ....................... ..........
38,051
2 18 ,77 3 D en ver & R io G ra n d e..
C h ic. Burl. * Q u in.........
37,631
2 0 3 .12 1 M ex ica n lo to r n a tio n a l.
I llin o is C e n tra l........... ...
C olora d o M id la n d .........
37,4 73
1 S9,020
d i e s . & O h io ....................
3 6 ,5 6 9
1 57 ,13 4 W iscon sin C e n t r a l.........
C en tra l o f N. J e r s e y ...
3 5 ,7 8 2
1 53 ,3 *4 M em phis A C h a rleston .
N o r M k & W e s te r n ........
32,8 28
1 4 6 ,11 0 L a k e Erie & W e s te rn ...
N orthern P a c ific .............
3 1 .3 2 3
1 3 0 ,5 1 0 K a n . C, Ft. S. & M e m ...
B alt. & O h io (2 r’ds) —
128,881
S outhern R ailw a y .......
T o ta l (rep resen tin g
P hlla. A R ead .an d C.<fe T.
1 1 7 .63 9
4 4 roads) ................$ 4,3 69 ,7 5 7
112,995
B url. C ed. R. & N or . . .
8\94S
D ecrease*.
C en tra l o f G e o r g ia .......
$ 5 6 ,4 1 9
86,4 35 B rook ly n E le v a te d . . . .
L ou isv. & N a s h v ..........
8 *,794 San A nt. & A. P . . . ..
5 0 ,7 2 3
N ashv. Chatt. & St. L ..
4 4,3 89
78,«>2> J ack. Tam pa & K. W ...
M iou. 8. P. A 8. S. M. ..
4 2,5 84
7 1 ,3 0 0 H ou s ton & T e x a s C ent.
C h io. & Gd. T r u n k ........
70,8 10
W ab is b ..............................
6 8 ,6 * 2
T ota l (rep resen tin g
G r a n d T r u n k ...................
4 r o a d s ).................. $ 1 9 4 ,1 5 0
M e x ica n N a tion a l..........
64,781
t T he gross on E astern lines in crea sed $ 3 1 5 ,5 0 0 an d o n W estern
lin e s $ 2 2 5 ,1 0 0 .
PRINCIPAL CHANGES IN N E T EARNINGS IN J i N U A R Y .
In crea ses.
In crea ses.
$4<\156
A te h . T o p . & S. F el . . . $ 2 8 4 ,3 5 1 W ab a sh ...............................
3 6 .7 5 0
Phila.A* R e a d .a n d C & 1.
2 30,687 U u ion P acific (6 r M s )..
3 6 ,3 2 9
N orth ern P a cific.............
167.412 W iscon sin C en tra l.........
3 1 ,9 5 4
S ou th ern Pac. (6 r’ d s '..
149,489 G rand T r u n k ..................
C an ad ia n P a c i f i c .........
1 4 9 .23 0
T ota l (rep resen tin g
C hic. Mil. A St. Paul. ..
148,254
3 1 roads) ............... $ 2 ,0 8 2 ,6 6 6
N o rfo lk & W e s le r n ........
145.756
E r i e .....................................
142,496
D ecreases.
C entral o f N. J ...............
103,934 Sum m it Br. A L V a l . . .
$ 79 ,88 8
5 2 ,0 5 9
C entral o f G a ...................
91,8 83 B. & O. S o u th w est.........
4 1 ,9 3 9
80,8 58 B rook ly n E le v a te d . . . .
C h ic. Burl. & Q u in.........
P e n n sy lv a n ia .! (3 r ’d s ).
6 8 ,7 0 0 M ex ica n C en tra l...........
3 6,6 03
B u rl. Ced. R. < N o r .. ..
fc
65,7 33
T ota l (rep resen tin g
Illin o is C e n tra l...............
54,1-<6
M inn. 8. P. & 8. 8. M . ..
43.558
4 r o a d s ).................. $ 2 1 0 ,4 8 9
t T he n e t increased $ 6 2 ,4 0 0 on E astern lin es an d $ 6 ,3 0 0 on W estern
lin es.
When the roads are arranged in groups in our usual
way, according to their location or the character of
their traffic, the Eastern and Middle is the only one
showing a loss in both gross and net, and the falling
off in that case has no significance, since it is due
mainly to the decrease reported by the Brooklyn Ele
vated road, which in 1895 had been favored by an ex
ceptional cause, namely the strike on the surface roads
in Brooklyn. The Southern group has done about as
well as any, notwithstanding the small o t t o a move
ment; the gain is $951,655 or 12-75 percent in the gross
and $479,967 or 21-60 in the net. Only 4 of the 39
roads in ^that group show losses in the gross and
€ in the net. As a matter of fact the losses are com
paratively few in any of the groups, and in the N orth
western group there are none at all either in the gross
or in the net; in the aggregate that group has $976,067
or 18-64 per cent increase in the gross and $419,637 or
24-77 per cent in the net. Tne Southern, the Pacific
and the Northwestern groups were the ones which fell
behind in the net last year. The present year the Pacific
group i3 distinguished like the other two for the fav
orable character of its exhibits, its gain in net beiDg
25-89 per cent. The Southwestern group and the An
thracite coal group are likewise noted for their good
results, the one having 22-45 per cent increase in net
and the other 25-13 per cent increase.
S ection or
G roup.
Orots Earnings.
1890.
1895.
January.
*
»
Trunk lines.(13) 17.000,075 15.839,825
Ant hr a. coal. (7) 5.208,501 4.P80.306
East, A Mid.(19;
1.604.30O 1,611,165
Mid. West-n.1241 3.675.604 3.298,71V
Horthwest’n..(lb 6,212,14? 5.236,075
SouthwesfiKl i) 4+07,431
4.600,80o
Pacific Coast! 17) 8.313.047 7,77 2.23Ji
Southern__ (39;
3.4 12.481 7,460,8261
M ex ica n ...... (3)
1.181,60? 1.340,006;
T ot. ,(U1 r'ds)
*
8,955.875
1,230.073
371,723
1.065.9S5
2,113,725
1,559,913
2,488,780
2,701,672
579.799
1896.
*
3,656,598
1,006,146
4*4.391
918,491
1,694.088
1,273.885
1,077,045
2,221,705
585.8 P
Inc. or Dec.
*
+299,277
+252,927
-62,608
+147,491
+419,637
+286,028
+611.735
+479,9d7
-6,100
T he fo llo w in g is a list o f th e ro a d s in clu d e d u n d e r ea ch gro u p in the
fo re g o in g t a b l e :
T n L t*.
ru k in
B. A O., Hast of Ohio.
B. A O.. Went of Ohio.
B. & O. Southwest,
lev. Cln. Chic. S St. L.
t
Peoria S Eastern.
t
Erie.
Grand Trunk of Canada.
Chic. SGd. Trunk.
t
Detroit Gr.Hav. & Mil.
^ennsvlv, East o f p . S K
t .
West, of P tts. & Erie.*
Philadelphia & Erie.
Pittsb. Cln. Oh. & St. L.
Pitta. Voungs. & Ash.
Wabash.
A th cite Ca
n ra o t.
Central of New Jersev.
N. Y. Ontario A West.
N. Y. Susq. & West.
Phlla. S Reading.
t
Coal & Iron.
Summit Branch.
Lvkens Val. Coal.
E sterna dM d
a
n id le.
Adironda ik.
Allegheny Valiev.
Bangor & Aroostook.
Bath A Hammondsport.
Brooklyn Elevated.
B iff. Rooh. * lJitr*.
Camden SAtlantic,
t
umoerlaud Valley.
Northern Central.
Stony Clove SC. Mt.
t
Ulster & Delaware.
West Jer««v.
Western N. Y. A Penn.
Mid<tle Wexttrn.
Chic. & West Mien.
Gin* Jack. S Mack.
t
Cin. Ports. & Virginia.
Olev. Canton & ftouth’n.
Clev. Lorain & Wheel.
Det. Lana. •, Nor.
%
Detroit A Mackinac.
Elgin Joliet & Eastern.
Grand Rapids & Ind.
Illinois Central.
Iod. 1 1 & Iowa.
1.
Iron Railway.
M d W -Con,
id le estern
Kanawha S M chigan.
t
Lake E. Alliance SSo.
Lake Erie S West.
t t t
Loui«v. N. A. SChic.
Manlstique.
Pitts. Mar. S Chicago.
c
Pittsburg & Western.
4ag. fus. S Hnr.
t
Sag Valiev S St. Louis.
t
South Haven & Eastern.
I’oledo SOhio Central.
t
Foi. Peoria S W.
t
P cific C st—
a
oa Con.
Union Pacific—U. P. Ry.
Ore. Sh. L. A Uttn Nor.
St.Joseph AGr. Island.
Kan. Citv A Omaha
Central Branch. Ac
Atch’n Col. A Pac.
Southern [to m*
Alabama Great Soulh’n.
Alabama Midland.
Allan a A West Point.
Atlantic A D inv.
Augusta Southern.
Birmingham SAtlantic.
t
N w .
orth estern
Burl. Cedar Rap. SNor. Carolina Midland.
t
Central of Geor 6a.
Chic. Burl. A Quincy.
Chas’n Clen v Sutton.
Chic. Mil. SSt Paul.
t
Charleston A Savannah.
Des Moines N. A W.
Chesapeake A Ohio.
Iowa Central
Ones. Ohio A Southwest.
Minn. SSt. Louis,
t
vlinn. St. Paul SS. S. M. Gadsden A Attala Un.
t
Sookane Falls & North’n. Georgia.
Georgia A Alabama.
Wisconsin Central.
Ga. Soutnern A Flu.
Southwestern.
Gulf A Chicago.
Arkansas Midland.
1ick. Tampa SK. W.
t
Aten. Top. A *anta Fe.
Kan. City Mem. A Bir.
Colorado Midland.
oexington A East.
Crystal.
Louisville A Nasnville
Denver SRio Gr.
t
Louis. St. Louis A Pex.
Ft. Worth & Den. City.
Ft. Worth & Rio Grande. Macon A Birmingham.
Houston & Texas Cent. Memphis A Charleston.
Mobile A Birmingham,
Kan. C. Ft. S. S Mem.
t
viobile A Ohio.
Rio Grande Southern.
Nasn. Gnat. A St. Louis.
4t. Louis & San Fran.
N >rtolk A Western.
San Ant. & Aran Pass.
Tex. Sab.Val.& N.West. Ohio River.
Ohio River A Charles.
Un. Pac. Deny. & Gulf.
Petersburg.
Pacific Ca
o st.
Rich. Fred. A Pot.
Canadian Pacific.
Rich, t Petersourg.
Northern Pacific.
Oregon Improvem’t Co. Sav. Fla. A Western.
Silv. Spgs. Ocala A Gulf.
Rio Grande Western.
^an. Fran. & North. Pac. Southern Railway
Western of Alabama.
So. Pacific.—
West Va. C. A P.
Gal. Har. & S. A.
Wrightsv. A Tennille.
Louis. Western.
M n llo cis.
exica a
Morgan’s La. & T.
Mexican Central.
N. Y. Tex. SMex.
t
Texas A New Orleans. Mexicaa International
Mexican National.
Pacific System.
t We include these Western lines in our table by taking an estim ite for 1895
on which to base the in seor d
crea
ecrea reported for this year.
se
IMPORTS AND EXPORTS FOR FEBR U A RY.
The Bureau of Statistics has issued a detailed statement o f
the foreign commerce of the country for the month of February
1896 and 1895, and for the eight months ending February 29
in 1895-96 and 1894-95, as follows :
MERCHANDISE.
F eb ru a ry.
1895-96.—E x p o r t s —D o m e s tic.......
F o re ig n ................ . . .
1 ,3 4 4 ,7 )3
T o t a l....................................
Im p o r ts —F ree o f d u t y . ...
D u tia b le ............... . . . .
3 3 ,9 6 3 ,2 6 2
T o t a l....................................
8 m os.en d Feb. 29.
$ 5 6 0 ,2 6 9 ,5 9 0
1 2 ,3 4 5 ,3 9 1
$ 6 >2,61.4,981
$ 2 6 0 ,2 3 7 ,6 4 8
2 8 0 ,9 7 5 ,1 2 6
$ 5 1 1 ,3 1 2 ,7 7 4
E x e e s sD f e x p o r t s ...............................
L894-95.—E x p o r t s —D o m e s tic....... . . . . $ 5 4 ,9 9 9 ,9 4 4
F o r e ig n ................
9 8 2 ,7 9 0
$ 6 1 ,4 0 1 ,2 0 7
$ 5 4 9 ,3 4 0 ,5 1 9
8 ,5 4 5 ,1 4 9
T o t a l.................................... . . . . $ 5 5 ,9 8 2 ,7 3 4
Im p o rts— Free o f d u t y . ... . . . . $ 27 ,79 3 008
D u tia b le ............... . . . 3 0 ,5 2 2 .9 7 3
$ 5 5 7 ,8 9 5 ,6 6 8
$ 2 3 5 ,1 2 0 ,2 4 0
2 3 1 ,1 1 3 .3 7 6
T o t a l....................................
$ 4 6 6 ,2 3 3 ,6 1 6
$ 9 1 ,6 5 2 ,0 5 2
GOLD COIN AND BULLION.
.
$ 2 ,1 8 3 7 0 0
Im p o r ts ...................................
$ 8 2 ,1 2 3 ,8 1 1
2 8 ,4 8 0 ,8 1 9
E x ce ss o f e x p o r t s ..............................
$ 5 3 ,6 4 2 ,9 9 2
$ 5 8 ,3 9 4 ,7 6 7
1 6 ,0 2 5 ,3 2 4
I m p o r ts .................................
E x ce s s o f e x p o r ts .....................................
E x ce ss o f im p o r ts .......................................
.............
$ 4 ,0 6 7 ,0 0 3
$ 42,369,4,43
..............
GOLD IN ORE.
1895 9 6.—E x p o r t s ...
Im p o r ts ...........
$ 5 6 ,9 5 3
1 ,3 0 5 ,6 3 2
E xcess o f im p o rts . . .
1 8 9 4 -9 5 .- E x p o r t s ...
Im p o r ts ...........
$ 1 ,2 4 8 ,7 2 9
$ 2 9 5 ,2 0 1
5 4 9 ,8 5 6
E xcess o f im p o rts . .
$ 2 5 4 ,6 5 5
SILVER COIN AND BULLION.
189 5 -9 6.—E x p o r t s ...
Im p o r ts .........
Net Earning*.
1896.
Y o u L33L
P. 0.
8*19
25*13
14+3
16-06
24*77
22*45
25*89
21*60
1*04
t6.9W.27> 52.168.059 16.OOfl.545 13.768.251 +2,828,291 10-9T
$ 4 0 ,2 0 1 ,3 4 4
9 ,4 4 3 ,1 4 0
E x ce s s o f e x p o r t s ...
1894-95.— E x p o r t s ...
I m p o r ts .........
$ 3 0 ,7 5 8 ,2 0 4
$ 3 0 ,* 5 8 ,0 9 2
6 .2 9 8 ,2 6 0
E x ce ss o f e x p o r t s ...
$ 2 3 ,8 5 9 ,8 3 2
SILVER IN ORE.
1 895 9 6 .—E x p o rts . ...................................
I m p o r ts .........
E xcess o f im p orts . .
$ 45 ,4 1 5
$ 4 7 1 ,8 7 6
9 ,8 0 5 ,4 7 3
Im p o r ts .........
$ 9 ,3 3 3 ,5 9 7
$ 3 1 ,8 2 7
6 ,2 5 7,41 9
E x ce ss o f im p o r ts . . .
$ 6 ,2 2 5 ,5 9 2
j
^H E
March 21, 1896 J
531
CIUIONIULE.
according to this scheme,, the total outlay on the navy will
IMPORTS AND EXPORTS OP GOLD AMD amount to 55 millions sterling, for which the country will
have got 105 ships and 63 torpedo boat destfoyers. There is
SILVER A T S A N FRANCISCO.
W e have received this week from the Collector of Customs
at San Francisco the details of imports and exports of gold
and silver through that port fcr the month of February, and
they are presented below, together with the figures for the
p r e c e d in g months, thus c o m p le t in g the results for the eight
months of the fiscal year 189-5-96, The imports o f gold were
less than in any month since February, 1895, the amount
received reaching only 848,199, of which $4,595 was in coin;
but of silver there came in $163,8*25. of which $91,520 was
bullion. There has been received during the eight months a
total of $677,895 gold and $1,299,517 silver, which compares
with $1,028,722 gold and $1,324,209 silver in 1894-95. The
shipments of gold during February were likewise smaller
than in any month since February, 1895, reaching but $4,760
coin, and the exports of silver have been $574,354 coin and
$413,500 bullion. For the eight months the exports of gold
have been $504,528, again,t $617,064 in 1894 95 ani $8,739,348
silver has been sent out, against $8,613,040 in 1894 95. The
exhibit for February and the eight months is as follows :
rw ro R T * o f o o u > i x o s u m s * + r sx x v s x s c is c a .
SOU,
Coin.
1895-00.
Bullion
$
Cain.
9
Total.
Bullion.
*
October...
November
December.
January...
February..
9,330
245
8,3 is
15.212
1,180
8.448
13.821
4,595
42. JOO
JW
‘,240
88,818'
92 ,*6«
111,147
83,548
08,212
38,004,
51,730
9 > ,« 5
97.136
108.078
112.337
91,987
S'1,03 1
43,198!
7,135
111,70*
227,877
75,440
8.713
Totaiutno*
*1.1 4« 616.848
877.9-15
473,1 42
J a i y ..........
A a v a s t ..
B epterob’ r.
exports
MONTHS.
es.en
2,341
71,305
Tata.,
128,955
78,171
119.501
123.691)
96,213
67 ,1-7
183,129
91,520
w h o w e r e d e a lin g s o m e w h a t fr e e ly last w e e k h a v e n o w w ith
$
drawn.
In the foreign market there is likewise great inactivity,
Early in the week Italian and Spanish dropped heavily, but
there has been a recovery since, due to Paris buying. Other
international securities are neglected, There has been some
decline during the last day or two in Brazilian securities on
the failed the Brazilian exchange, caused, it is said, by the
prevalence of yellow fever. The Argentine market is quieter
than it was, and there is leas doing in consols and other firstclass securities.
The mining market is watting upon the result o f the
negotiation* now going on between the Colonial Office and
President Kt tiger with respect to his contemplated visit to
thi* country. It is said that the negotiations are proceeding
fa v o r a b ly : that P r e sid e n t K t il g e r is d is p la y in g a very e a r n e st
desire to come to a reasonable settlement; that most o f the
points are already arranged, and that there is a prospect o f
complete accord in a very short time. Meanwhile the labor
difficulties in the Transvaal are very great. The Boer Govern
ment continue* to promise every kind of assistance to the
mice owners, and it has announced that it will immediately
form a bureau charged with the negotiations with the native
chiefs for the hiring out of natives. It is so evidently to the
interest of the Government to prevent a serious stoppage of
mining that no doubt can be entertained o f tiie earnestness o f
the wish to assist the companies, a* the greater part o f t h e
G o v e r n m e n t r e v e n u e i* d e r iv e d f r o m th e mine*, and a lo n g -
138,000
8I5.-7&
3 47,373
199,139
94,92*
138.808
135,470
102,-25
8 2 6 .3 7 5 1,299,517
o r O otu i s u m i .vxh prom s ix r m s c i s c o .
GOI.0.
Vain.
«H*«8Se
B u tin
Total.
|
Coin,
j Bullion.
4 « P ,« M i 4 .9 15 s 504.628 4,489.350- 4,249,998
B ft a ix c t a v g i^ o m
m
m
m
i s d
u
Total 8u o *
f f i f
79,331 1,100
02.84 1
61.74*
460
1 12,316
70
50,i.(»7 3,100
91.415............
29,512
100,
4.780
$
80.481 f
62+611
62 .20+
112.336!
59,797
92.415:
29,612
4.760
m m * .
m m ®
1395-96.
J u ly ..........
A u g u st...,
8epietab*r.
Oetwbrr...
N ov-tuber
Ib-eember.
January ..
February..
also to be an outlay o f 10 millions sterling on naval works,
chiefly harbors and dockyards.
The rates of interest and discount are falling, and are likeiy
to fall, because the payments out o f the Treasury are' now
becoming larger than the receipts, and they will increase
during the remainder o f the month. Moreover, the Japanese
Government has paid out a million sterling of the funds
standing to its credit in the Bank o f England: and there is
hardly any demand for gold for abroad.
The silver market is very firm, chiefly on Indian buying,
Very little is being purchased by either China or Japan. On
the other hand the American mine owners are not selling
freely, so that the supply in the market is small. The Indian
export trade continues active and the demand for Council
drafts is very strong. On Wednesday the Council sold the 60
lakhs offered at an average price of nearly Is. 2Jgd. per rupee.
T h e stock markets are very inactive but fairly firm consid
ering the small amount o f business that is done. The public
here is keeping altogether aloof from the American depart
ment, frightened by the Cuban resolutions and by the default
of the Baltimore & Ohio, and by the belief that the Govern
ment will have to borrow again before long. Even operators
Total,
$
793+ 75
573.348
2,022.7,50
1.354,109
1,495.043
804.038
037,748
092,854
8,739.348
t v c t a l^ u g U s liI jL c t D S
(Prom oar own correspondent. 1
L ondon, Saturday . Mar. 7. 1896,
The Cuban rt solutions patsed by the two House* of Con
grats and the severe defeat of the Italian* in Abyssinia have
added to the general feeling of uneasiness throughout Europe.
The latter event more particularly is looked upon as one of
the gravest that has occurred for a long time. The finances
of Italy were already in a deplorable state: now they will be
come very much worse. Besides, it is feared that Italy may
have to withdraw from the Triple Alliance. Indeed, in
France there are speculation* that she will also have to greatly
reduce her army and navy and to make terms with France:
in which case it is argued the position of England in Egypt
would be weakened, and Germany and Austria-Hungary
would find themselves at a very great disadvantage. It would
seem that a similar opinion prevail* widely in Germany. At
ail event* German holder* are selling Italian bond* on a large
scale, while they are being bought aciively in Paris,
The position of Spain is worse even than that of Italy. She
i* able l o pay her w a y even n o w o n ly b y constant borrowing ;
a n d if she baa a quarrel with the United States ber power of
borrowing will be jeopardized. For all that there are ru
m o r s th at n e g o tia t io n s are g o i n g o n between the French and
Spanish Government*, with the object of raising a large
Spanish loan in Paris.
Here at horn© the principal event of the week has been the
explanation by Mr, Goschea of the Government's naval pro
gramme. Briefly it cornea to this: The total expenditure on
the navy in the coming financial year will be very little un
der 23 million-i sterling, being more than 3 millions above the
expenditure provided for by Lord Spencer in the current year.
During 'he year there will be under construction 13 battle
ship*, 34 cruisers and 6$ torpedo boat destroyer*. The whole
o f these are to be finished by .July, 1899. From 1899 to 1899,
c o n iin u e d s to p p a g e w o u ld th e r e fo r e g r e a t ly in c o n v e n ie n c e it.
At the same time gome weeks must elapse before the difficul
ties can be overcome. And while they continue there is not
likely to be much recovery in the market. No doubt an
official announcement that President Ktiiger was a b o u t to
visit lhi* country would have a very great effret. But still
the mining industry will not be In a satisfactory Btate until
sufficient labor 1* obtained.
The March series of wool sales began here on Tuesday, and
there has been a further rise of $ per cent upon the quotations
of January. The supplies are found to be shorter ihan had
been expected. There is not so much demand for, America aa
there had been during the past five or six months ; but there
is a very active demand for home manufactures and for the
Continent.
It now appears that the wheat crop in Argentina will be
much smaller than last year. So will the crop in Australia:
and the market, therefore, is looking for some recovery in
prices.
3 1 he imports since January 1st have been as follows :
IMPORTS.
1806.
a
Janu ary.........
F ebru ary. . . .
38,470.856
35,176,73(1
2 -j.ontha...
73,050,592
x
1895.
e
36,743,481
28,134,489
01,877,970
Difetrttt.ce.
t-l,730,875
+ 7,312,217
+ 9,072.022
Per VI.
1-4*79
+ 2 6-09
H 3 -9 8
i be exports since January tat have been as follow* :
E x p o r t *.
1890.
a
January.......... 21.12T,1R9
F eb ru a ry ....... 10,683.450
m enihx...
40,810,621
1895,
a
Difference.
a
P er o u
19,221,238
15,973.095
+ 2,002,932
+8,710,361
+ 1 5 -9 2
+ 2 3 -2 2
31,197,331
+ 8,6 13,2)3
+ 1 0 -3 3
THE
532
CHRONICLE.
The re-exports of foreign and colonial produce since January
1st show the following contrast:
F ebru ary. . . . .
2 m on th s. .
1 89 5 .
a
3 ,8 8 7 ,2 5 8
4 ,4 0 7 ,8 2 4
+ 9 3 8 .4 4 9
+ 1 ,2 3 0 ,4 0 8
8 .2 9 5 ,0 8 2
10.4 63 ,9 3 9
January.........
D ifference.
S,
1 896.
£
4 ,8 2 5 .7 0 7
5 ,6 3 8 ,2 3 2
R e- e x p o r t s .
+ 2 ,1 6 8 .8 5 7
+ 2 7 -9 1
+ 2 6 -1 4
Trade Bills.
Bank BUI*.
Dlsc’ t JTtt
Joint
•
*
Stock A t 7 to li
Three Four
Six
Six
Three
Four
C JfonfJnj Months Months Months Months Months Banks. Call. Days
Q
•
X
H
l%®t%
X
Fob. 7 2 16-lC<fcl 1 @1H
1%
H
1% W * i M
** 14 2 1 M6-H
i«®ix 1H01W X
1
1 1-16 1 01H 1W@1%
“
21 2
1M®1%
X
H
X
16-10
16-16 i
** 28 2
x
i% ®i% l'A&rn i m m
%
Mar. * 2 &-13-10 13-16
1 < »1 6
SV
ix@ix w X
• 1 1-10®1 3-16.
The Bank rate of discount and open market rates at the
chief Continental cities have been as follow s:
Mar. 6.
Rates o f
Interest at
Pari*.................
Berlin...............
Ham burg.........
Frankfort..
Amsterdam
Brussel*
Vienna.
St. Petersburg.
M a d rid ...
Copenhagen.. -
Bank
Open Bank Opor
R a te. Market R a te. Market
2
3
3
3
Z
2*
4
«X
«x
3*
2
2
2*
1«
IH
SH
«X
8«
2
3
3
3
3
2X
4
«X
4H
»X
IX
2%
2*
2%
V*
m
m
6X
4X
SH
Feb. 14.
Feb 21.
Feb 28.
Banl
Rate
Open
Markf
2
3
3
3
2X
2X
4
6X1
4X
1
3H
Bank Oper.
R a te. Market
m
m
2X1
2X
IX
1%
3X
OX
4*
3X
2
3
3
3
2X
2X
4
ew
4X
3*
m
2%
2%
2%
ix
m
8X
6*
4X
3*
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years:
C irculation..................................
Public deposits............................
Other deposits............................
Government securities..............
Other securities......................... .
Reserve o f notes and coin.........
Coin S bullion, both dopartm’ ts
c
Prop, reserve to liabilities, .p.c.
Bank rate .. .. ....... p ercent
Consols, 2& per cent —
—
Silver........................................... .
Clearing-House returns
M a ize......................q r s .
1893.
1895
1894.
1896
Mar. 4
Mar. C.
Mar. 7.
Mar. 8.
«
£
£
£
25,373,990 25,071,110 24,235,450 24,567,560
9.063,623
18.009,335 10,391,280 10,443,390
17,120,514 32,167,701 37.311,994 27,258.484
8,933,583 11,218,490
15,157,328 12,469,488
27,956,967 19,539,336 24,343,750 24,630,857
40,383,159 28,915,720 22,893,135 18,926,728
48.957,149 37,186,830 30,328.585 27,044,288
61 13-16
51 13-16
07 11-10
00 15-16
2
2
2
2H
109*, xd. 104J* xd.
99 7-16 xd. 97 15-16 xd.
3 1 16-10d.
27Hd.
38 3-l6d.
27H1190.038,000 161,788,000 131,402,000 121.570,000
• o ld .—T h e dem an d s that, we m en tion ed la st w eek h a v e sufficed to
cle a r th e m ark et o f all a rriv als. T h e total re c e iv e d at th e B a n k o f
E ngland is £ 1 4 7 ,OcO fro m H olla n d , and w ith d ra w a ls o f £ 1 2 1 ,0 0 0 h a ve
tak en p lace f o r e x p o r t, ch iefly to Botith A m erica. A rriv a ls : C a p eT ow n ,
£ 2 3 2 ,0 0 0 ; N ew Z ealand , £ 2 ,0 0 0 ; A u stra lia , £ 5 ,0 0 0 ; C hina, £ 6 7 ,0 0 0 ;
B om b a y, £ 5 0 ,0 0 0 ; W est In d ies, £ 3 7 ,0 0 0 . T ota l, £ 3 9 3 .0 0 0 . S hipm en ts:
C alcu tta, £ 2 0 ,0 0 0 ; P o rt 8aid, £ 7 8 ,6 0 0 ; B om b a y , £ 6 9 ,0 0 0 ; Peuang,
£ 4 ,0 0 0 . T o ta l, £ 1 7 1 ,6 0 0 .
S liver.—In d ia has b ou gh t ra th er less silv e r d u rin g the p a st w eek ,
p referrin g to rem it th rou gh th e In d ia C ou n cil, in tra n sfers, o w in g to
the h ig h e r m on ey rates In th e E ast; hu t w ith A m e r ic a h old in g o ff th e
su p p ly here has b een lim ited , an d th e m ark et co n tin u e s stea d y. A r
rivals: N ew Y o r k ,£ 1 4 2 ,0 0 0 ; C a p e to w n ,£ 3 ,0 1 0 ; W e s t ln d ie s , £ 1 7 ,0 0 0 .
T o ta l, £ 1 6 2 ,0 0 0 . S hipm ents: C aloutta, £ 2 8 ,5 0 0 ; B om b a y, £ 1 5 5 ,1 0 0 .
T o ta l, £ 1 8 3 .6 0 0 .
M ex ica n D ollars.—T hese co in co n tin u e In g o o d d em an d and the
nea rest ra te is 313)e d.
B n a rlla h F i n a n c i a l M a r R e t a —P e r C a b l e .
L ondon.
Sat.
M on.
Tuee.
Wed.
S ilv er, p e r o z .................d.
C onsols, n e w , 2 % p . ots.
F o r a o o o u n t...................
Fr*oh re n te s (ln P a ris)fr .
A toll. T op . < S. F e .........
fe
C anadian P a o iflo .............
C hesapeake & O h io .......
Ohio. M ilw . & 8 t . P a u l..
Illin ois C e n t r a l..............
L ake S h o re ........................
L ou isville
N a s h v ille ..
M exioan C entral 4 s ........
*Io. K a n . & T e x . c o m ___
,
N. Y . C en tra l & H u d son
N. Y. L a k e E rie & WeBt.
2d co n so ls .......................
N. Y . O nt. & W e s t e r n ...
N orfolk & W est’ n, p r e f .
N orthern P a o iflo , p r e f ..
P e n n s y lv a n ia ...................
Phil. & R e a d ., p e r share
S outhern R y ., c o m . . . . . .
do
p r e f’ d ...............
O nion P a ellio....................
W abash, p r e f.....................
31910
109H ip
1 0 9 '% 6
02-9 2 X
16%
57
16%
7 8 7s
983i
151
5 3 7s
7314
12%
100*e
15 81
73
15 *8
7%
1530
55%
6
9 7a
31*4
7%
18%
317,6
1091116
109%
102-05
16*s
5714
16%
78 7s
98%
151
53%
73
12*2
100 %
16
73
15*8
7%
12*2
55%
5 78
934
31*2
7%
1 8%
317 l0
10958
1 0 9 H 16
101-86
16%
57*4
16%
793s
98%
151*2
53 7s
73
12*2
100
16
73
15
7%
12%
55*8
578
9 78
31
7%
18%
31%
1 09516
109%
101-50
163g
5 6 7e
16%
79
98%
1 50 %
53%
72%
12*2
100
15%
73
15
7%
13*8
55*8
579
9%
31
678
1 8%
Mar. 5.
9.
Bar gold, fine— oz.
Bar gold, parting.oz
Spanish Old....... oz.
Do. New — oz.
D . 8 . gold cotn....ozGerman (told ooln.oi
French sold ooln.oz
d.
77 10
77 10>4
76 0
76 2
70 4V
*
76 3H
76 3H
SILVER.
Feb. 27. 1 London Standard.
9.
77
77
70
70
76
78
70
Mar. 5.
d
.
d.'
9fci Bar silver, fine. ..cz
10 Bar silver, contain0
lng 5 grs. gold..oz.
2 Cake silver......... oz.
4 Mexican dollars..oz.
31 5 10
31 n -ie
31X
3154
3* 13-16
sm
31 3-16 31 8-10
3X
314
IMPORTS.
1895-96.
1894-95.
Im p o r ts o fw h e a t .c w t .3 3 .1 3 9 ,6 8 0 3 3,6 3 4 ,9 6 6
B a r le y ........................
1 4,0 6 6 .9 5 0 1 6 ,0 2 1 .6 5 4
O ate..................
7 ,0 8 9 ,8 4 0
7,5 8 6,53 7
P e a s . . . .......................... 1 ,5 5 3 ,6 9 0
1 ,3 2 2 ,4 5 9
Beans...........................
1 .9 7 7.03 2
2 .3 6 4,98 2
In d ia n o o m .................. 2 3,3 4 2 ,7 0 0 1 3,0 3 5 ,1 1 4
F lo u r............................... 1 0,9 9 7 ,5 7 0 1 0 ,3 9 8 ,9 3 0
189 3 -9 4
2 9 ,6 11 ,0 6 9
17,687,651
7,1 4 2,86 0
1,469,626
2 ,8 1 7 ,5S7
1 6.212,557
9 ,7 2 5,46 8
1892-93.
3 2 .3 63 .9 4 2
9,7 0 0,85 9
6 ,460,841
1 ,294,566
2,3 7 6,72 8
1 4 ,4 0 4 ,3 1 7
1 0.8 49 .8 6 6
Supplies available for consumption (exclusive of stocks on
September 1):
189 5 -9 6
189 4 -9 5.
W heat im p o r te d .o w t.3 3 ,1 3 9 .8 6 0 3 3 ,6 3 4 ,9 6 6
Im ports o f flour..........10,9 9 7 ,5 7 0 1 0 ,3 9 8 ,9 3 0
Sales o f h om e-grow n . 8 ,3 8 6,60 2 1 1 ,5 2 2 ,9 6 0
1893-94
2 9 ,6 1 t,0 0 9
9,7 2 5,46 3
1 2 ,9 37 ,6 3 4
1892-93.
3 2 .3 6 3 .9 4 2
1 0.8 49 .8 6 6
1 4 ,3 7 8 ,2 7 2
T o ta l...................... 5 2 ,5 2 3 ,8 3 2 5 5 ,5 5 6 ,8 5 6
1895-96.
189 4 -9 5.
A ver, p rice w h eat week.25B. 6d.
19... 1 0 1
A v e ra g e p r io e ,s e a s o n ..2 5 s . Od.
19s. 9 d.
0 2,2 74 ,1 7 1
1893-94.
24 s. 5d
26 s. 6d.
5 7,5 9 2 ,0 8 0
1892-93.
25s. 5 d
27s. 3d
31316
1 09 %
1090,8 1090,6
0 1 -6 7 ^ 101-75
16*8
153s
56%
56%
1638
16*2
79*8
78%
97^
9701
150%
150*4
53%
52
T2\
72%
123g
12*8
100
100
15%
15*8
72
71*2
15
15*8
7
7%
1238
12^
55%
55*4
5%
5%
9%
93a
30%
29*2
6%
7
1730
18
FOREIGN IMPORTS AT NEW YORK
F o r Week.
1894,
1 893.
1896.
1895.
* 2 ,8 7 7 ,5 8 2
6 ,5 5 8 ,2 7 1
D ry G o o d s.......
G en’ l m er’ dise.
$ 2,5 1 0 ,5 0 8
8 ,3 2 3,68 8
* 1 ,8 5 7 ,8 8 0
9-,117.49S
$ 3 ,8 6 7 ,1 1 6
8 ,3 6 3 ,6 6 9
T o ta l...........
S ince J a n . 1.
D ry G o o d s .......
Gen’ l m er’d ise.
* 1 0 ,8 3 4 ,1 9 6
$ 1 0 ,9 7 5 ,3 7 8
$ 1 2 ,2 3 0 ,7 8 5
$ 9 ,4 3 5 ,8 5 3
*3 6 ,9 5 0 ,3 2 8
9 5 ,9 3 8 ,5 6 5
$ 19 ,9 4 8 ,3 3 1
6 4 ,0 9 4 ,7 2 5
$ 3 5 ,8 0 4 ,4 7 8
6 6 ,9 3 1 ,0 5 7
$ 3 2 ,4 3 7 ,9 0 9
6 8 ,1 9 8 ,3 5 7
T otal 10 w eeks * 1 3 2 ,8 8 8 ,8 9 3
* 8 4 ,0 4 3 ,0 5 6 * 1 0 2 ,7 3 5 ,5 3 5 * 1 0 0 ,6 3 6 ,2 6 6
The following is a statement of the exports (exclusive o f
specie) from the port of New York to foreign ports for the
week ending March 17 and from January 1 to date :
EXPORTS FROM NEW YORK FOR THE WEEK.
1 89 3 .
1 894.
1896.
1895
F or th e w e e k ..
P r e v .r e p o r te d .
$ 5,8 8 7 ,8 2 4
5 7 ,6 1 9 ,6 3 0
$ 8,1 1 6 ,1 5 5
6 5 ,1 5 0 ,5 0 7
$ 3 ,5 0 7 ,3 5 7
5 9 ,5 8 4 ,6 5 5
$ 8 ,5 4 5 ,2 2 6
6 9 ,4 5 8 ,3 1 9
Total 1 0 w eeks
* 6 3 ,5 0 7 ,4 5 4
$ 7 3 ,2 6 6 ,6 6 2
$ 6 8 ,0 9 2 ,0 1 2
$ 7 8 ,0 0 3 ,5 4 5
The following table shows the exports and imports of specie
at the port of New York for the week ending March 14 and
since January 1, 1898, and for the corresponding periods in
1895 and 1894:
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Gold,
E xports.
Week.
G re a t B r ita in .............
$ .............
12,500
Im p o rts.
Since J a n .1.
$ 9,6 5 0 ,8 1 6
8 2 0 ,2 5 0
2 ,3 7 0
8 5,9 49
S outh A m e r ic a ...........
A ll o th e r c o iin t r ie s ..
1 ,8 8 1 ,6 0 0
T o ta l 1 8 9 6 ......... .
T o ta l 1 8 9 5 ...........
T o ta l 1 8 9 4 ........
* 1 2 .5 0 0 $ 1 2 ,4 4 0 ,9 8 5
146 ,50 1 2 8,7 8 3 ,8 4 9
1 .8 3 0,82 0
7 ,6 8 7 ,3 7 3
S ilver.
E xports.
W eek.
The following shows the imports of cereal produce into the
United Kingdom during the first twenty-six weeks of the
season, compared with previous seasons ;
F ri.
31*4
109*2
I m p o r t s a n d E x p o r t s f o r t h e W e e k . — The following ar 6
the imports at New York for the week ending for dry good6
March 12 and for the week ending for general merchandis8
March 13 ; also totals since the beginning of the first week
in January.
Feb. 27.
<
1
T h urs.
©umraercial and IHiscjellaueuus W Lexos
G e r m a n y ......................
W est I n d ie s .................
The quotations for bullion are reported as follows :
GOLD.
1 89 4 .
2 ,6 8 6 ,0 0 0
3 8 5 .0 0 0
4 2 7 .0 0 0
1 89 5 .
3 ,3 0 4 ,0 0 0
2 4 0 ,0 0 0
2 9 9 ,0 0 0
The daily closing quotations for securities, & c., at London
Messrs. Pixley & Abell write as follows under date of
March 5:
London Standard.
T h itw ee k . L a e!m eek .
2 ,3 2 1 ,0 0 0 2 ,2 7 3 ,0 0 0
4 3 2 ,0 0 0
4 3 8 ,0 0 0
8 3 2 ,0 0 0
8 4 5 ,0 0 0
are reported by cable as follows for the week ending Mar. 20:
Interest allowed
for deposits by
Open Market Rate*.
V
3
The following shows the quantities of wheat, flour ard
maize afloat to the United K in gd om :
Per Cd. I W heat.................... a re .
+ 2 4 -1 4 ( F lour, e q u a l to q r s .
The rates for money have been as follows .
London.
[Voc,. L x n ,
G reat B rita in ..............
$ 93 9 ,0 7 0
76,1 74
W eek.
S iriceJan. J.
$ 5 ,5 3 7 $ 1 1 ,1 2 6 ,6 3 9
2 ,1 6 4 ,8 5 0
1 8 2 ,2 6 5
"5 ,8 0 0
3 ,2 1 7 ,9 3 5
1 6 3 ,3 4 2
1,957
2 7 0 ,7 2 2
2 9 ,6 9 1
2 4 ,8 5 3
$ 4 2 ,98 5 $ 1 7 ,1 5 0 ,6 0 6
1 ,3 6 0,95 5
9 ,4 4 5 ,1 7 2
1 8 3 ,70 9
2 ,6 0 5 ,4 7 1
Im p o rts.
S ince J a n . 1.
W est I n d ie s .................
$ 9 ,9 4 1 ,7 2 4
244 ,17 4
750
1 5 9 ,30 9
S onth A m e r ic a ...........
A ll o th e r c o u n tr ie s ..
88,4 28
485
T o t a l 1 8 9 6 ...........
T o ta l 1 8 9 5 ...........
T o ta l 1 8 9 4 ...........
$ 1 ,0 1 5 ,2 4 4 * 1 0 ,4 3 4 ,8 7 0
4 3 2 ,6 8 7
6 ,1 3 6 ,3 2 4
6 0 5 ,2 7 7
8 ,7 8 4 ,8 1 8
W eek.
S ince J a n .) .
* 6 ,0 0 0
$ 6 ,5 5 7
6 ,047
27,1 85
5 9 ,4 7 3
3 5 ,1 6 4
2 2 8 ,8 1 8
2 1 9 ,7 3 5
11,131
$ 9 3 ,70 5
15,6 84
13,1 82
$ 5 0 1 ,4 0 5
2 7 7 ,9 6 2
2 7 7 ,7 5 6
Of the above imports for the week in 1896 $7,300
were American gold coin and $68 American silver coin. Of
the exports during the same time, $12,500 were American
gold coin.
— Holders of Pennsylvania & New York Canal & RR. Co. 7
per cent bonds due June 1, 1896, should apply to Messrs. Ed
ward B. Smith & Co., Philadelphia, for terms on which the
bonds may be exchanged for the consolidated mortgage bonds
which will be issued to retire the first-mentioned bonds.— See
advertisement.
T )H E
Ma BCH 21, 1890. J
tr ;j a « t n U '«
F is s u r e s
B r o B ijiit
F rom
CHRONICLE.
P a s o 5 6 1 .—t t e
statements below are prepared by m from the figures o f the
New York Produos Exchange. We first give the receipts st
Western lake and river parts, arranged so as to present ' e
comparative movement for the week ending M srch 14, 1398,
and since August 1. for each of the last three rears:
Receipts at—
Wheat.
F jm r.
Com.
A»rl»y.
Oau.
8hi*.iwih* BuskM lb* BmhJm lb* SuahMlb* B«^.4SU>r fltt-M w ,
i.m M o
534.194
5.2*784.
40,741
313,709 1,380,444
im a m
37,8*10
fi.7 m
M U m m km ..
6,591
47,310
2,057
■21,340
m o jm
Duluth ........
244,*40
41.02a
.. ..
.. ..
».5 »9
im M o
Mlnaeapoll*.
T o t.w k .rn
Sam«j
m a te
Sine# Auy. 1.
i s m m .. ..
m n -»s
imz~u\. ...
I W I1
SIJ83
m jm
33,000
m an
■
2*5,011
19.8*5
m am
S89.550
46,^3
m jSSa
m Aui
M *W < a
IM 1 7 M
?,5'5,7t3
ijw im
36.^3
.. ,
50.250
iH,30O
27,580
S&7tS«0
3.31,200
H.38I
3.321.4155
i.ay.i.ist
3-970
Si9
wjnQi
8,70)
D e tro it......
n-iVMriorl ...
St. t.e ula----Pearla........
Kan«.-sC1Ir.
*
§38,01*
279,770
4.S3S
l,2>0
99.474
id,03#
08,80$
(a,«5b.737j »t.*.«,y.’i
7A6QJm lb? M A M l
a ,M 5 .it t jiiv .s W f}i m i >7A m Ay,0*7.7iS.’. 2s.3H.7U i s i u m
8,3tS.97iV tM.WK.OTlI lU tW .B W NJ.*05,14.42
sum .*#*
rn- receipts of flour and grain at the
week ended March 14, 1896, follow:
fttsMpu a«—
m&im-...... ....
New Vork...... .
MoatreAl.........
BaRtmora......*
.. .
floflr.
Wheat,
t-K-m
SJOd
i7jm
kjm
mm
mjm
M
.458
«)>!•)
«r#w
Tot»* wmk* .... : :~ i
n
wmk
s t
mism
ttsSsa
“ a s
aboard p o m
ggt
i \*,mt
mjn%
st,«»
i.*t7
mMi
mam
mm*
*2,700
*u,tv>
tju m n ■ id %*& ii i *
m*
?wmv <mj.n* , m jm
-m su
3,7^1,0121
MM
i
IM 17.1S3
A iW r n
m m
t7.V87.047
meat of the London Stock Exchange, is the standard work of
refers nee for British and foreign securities. The issues in
London of British and colonial loans in 1395 aggregated
£85,407,882, as against £57,080,520 in 1891. The additions to
the Official List of the London Exchange for 1893 were nomine
ally £176,753,448, compared with £309,308,429 ia 1394, The
feature of the year has been the number of new mining arid
prospecting companies, in consequence o f which the present
volume contains 240 pages more than its predecessor, about
950 new companies having been added. Messrs. Spottiswoode
& Co., 54 Grace Church Street, London, are the publishers.
—The Richmond Locomotive Works has received an order
for engines from the New Orleans & Northeastern Railroad.
Virginia furnishing power for the Louisiana railroads shows
how the South is forging ahead. The Richmond Works is
one o f the largest in the United States, and has a capacity of
about a locomotive a day.
City Railroad Securities—Brokers’ Quotations.
Bia, Aik.
Christ'p'r* 10th et.-stk. . . . 155
1st m ort..l«»8...A<fcO ’.05 .......
n.n. s. b. * Batr-stk. las no
Blit. 1 .V»K.
4tlaa, Are., B’klrn—
110
ss
ftleei. St. * Fal.F,~Stk, 29 *0,
1st, Kali, 6s, 1032. JAD 112 1141#
l«i raort,. 78. lBOO.J*J m » hi
1100 103
Brooklyn KayM Transit
2 1 , 21V KightSAvoinu; -Stock” '.
f o r th e
; .. s; • tb
•
i " IM
,
Scrip, 8*. .014 .......... fol
1071, ;42(1A Or. St. For.—•
■took 309 322
>
110 fM 8t.A M M .ia S .A v ,
s*. j
.......
istmort.es. 1M 0.M&8 » f s nes<
2<l mort. IDooms 0..J&J
t
m, ! s t s i a s t s s f : ^ 1 e a 10<i ta».Ave.*P»v.Ferry 5s. 85 68
QtamoL A , IMS...ABO ...... . HS
Brooklyn Ctty-Stook..,. Ito 173 , M«ttoi>oiitjus Triiftioii...
coi. aoi. s». 101; . . . J.&j 112u .... * Ninth Atmxus- S tock... 455
C
S21 ■ BklMfcOWw.fB5u-.t90S; 105
— ' Second Avenue—
Stock.. 185
i,*m
7M M 9
U W K ^t
m jm a m
m am
mkjm
« .W 7
108 h
111 > .Sixth Avenue—s t o ck ....
s
5., 19:19 .. ................... » 1 0
Stork. ..
(• I r t" " • •
•
, Us Thun Avenue—
erafemxS.................. !«■» PIN lsttmtrt.,5a, 1W 7.JAJ l 13 i .
Contra,! cromtvim—
Stk. 1110 205 ; Twenty.Third St.-8ft. SOU
US M..6s,109-J...SC*S HIM
—
Ceffl.Pk. . v A K j f t i y . - sU . ia o
S. ^ K.R! r .-S a
Coa»oL7«, 1902.,.) AD.
C o la m n n * * 9 «» * v o . 5 «.
100
........
Deb. 5s. 1903.............
...... Omen li t - S l e e k ...... .
105
105
lstS »,lB «................ 41(131, 105 N
Westiilteat1 Ist.gn.Ss. JlU 101N
r,
O
1*
15
111 112
4 And * o e ru ed M M N
x Exalt rl4oo«t
R u s S e c u r 11ie s — B r o k e i s Q u o ta tio n s ,
» ajs o o a jf A jr iB a .
aid.
9A B OOMBASISSB.
150
Cue eiporw from the several eeaooard ports for the we.« atoo^m ssut-idsto..too
ending March H, 1896. *re shown in the anneied Blatmnenl:
rsej* City'.
danmrnW tim er City*. TS n r
tern. | Beads
*M
U
em
mme« O #
mm.
bush UitWOo*' iB rook lyn i...... ioo
mk.
hmk* &
& h.
m
Msgmrnfmm-*
s r
IM Jersey Oity A klyn)"’ — im
mm
Jf»«r T«ck«., ,,, ... t ^ f h
I a. : :
*
Hobekeo..
man
8*mum ... ... ...
100
w$m
M«wopellt»n - Beads....... im
mam m m
‘ Y V |Mcuu»n.\\ Y............. .. '1 % M»
f. ui
..0 .. . ...
2
ft*.*** m m
MtilmMm *
N'ssssu tltre o k iy n ). . . —
nt.lri
...
...
mm
B tip......................... iw
e
a
m,tm
rmmm ... ...
m
» . r .M C m UMB. 1st 5 s...
Hrnmu ...........
im$m
i
mam
Slew
*
ff 30‘s
wmt%
#
jm
88%
mam 31311
T *IW WnffisMM.M m am t/m m i
C t
i ism
timm
107
B k tV trnn C o .< *:S ttb .l»s { v s h 100%, 1st mort.,5s,10W.MAN
8 k lj- B .C .* X 'w fw B - H U 150 MW i; Debentures*. 1809.JAJ
T h a t o ta l rem ipfM a t p o r t * aam -ad ia lm t t a b le fro m . J& b ,
to M a r ch 14 c o m p a r e m f o l l o w s l o r l o u r y e a r s :
H m bm o /—
18»f.
•5.751.^*7
mr*
a IT L m
< s s »
Wkmet
* titi*. i m j i m
>
Orrn - ............ .
WjWJMtl
O iO .
... 7M**#i$*
.Birfejf
...... *
*
ijm m i
JRI.U*
are-.*
*
*
3d,t50,ias
533
( And aooraed mtorost.
People’ s (B rook lyn ).
Bid.
.... 100
peoples' Jersey C ity !.... 170
Metropolitan (Brooklyn). 220
Willlamsburit a ..........
800
175
kalton MuniolpaJ.’ ! ! J ™ ! 200
Bo oils, 8*......................... 105
K*1ul table............................ 201
Rends, as. 1899............... JOB
207
107
st. r * m ................................ 08
70
Bonds, 5s.........
.....................
B87 s i
.I,
SUud int J,ref...................• 1«7 *. ii !•
Common.......................
Western Om
. .. .
Bends. 5 s ..
78 70>»
M
(i*» >i«S>
..................... J8BH
1(0S.
• K t rlkhts.
tho deotinAtion of u i w export# for the week and emc«
Sept. 1 ,1895, is m t« low. W e add the totals for the corres
A notion Sales,—Among other securities the following not
ponding periods of 1/wt year for wmpatrwon:
regularly dealt in at the Board, ware recently sold at auction.
By Messrs. R, V. Harnett & Co,:
. .. . . l tor
Wmk Sine* S m .
5Fm* Start 5s*d. Wes* $Zhc* Snt.
*r.
»„ M.tr.ll. U « , Mar. ti. I, MM.
«<*T i tinu M U i, vm
SAare*.
Hand*.
bu*h. M T
*20,000 The Ly noli burg Sir,
United it’.
tmjm xamzam
mMxa-m $70,000 Witte Water I’lac-.r
C oattoess.........
^ S a s s s r ..
B rit .N. A. a ; .
Qtk r c*mutnm.-
0
mjm
iiKim
• ffi
mnjM
*tmm
%mam
tmAw
mm
man
u jm
tjan
mU%T*
%
m
h im m
50,495
tm.n*
(Jo.. *20 e a c h _____ *108,500
50 C arobm T f to ana Brisk 0 o .* t 0
M
*15,000 Joltew on Clay Invciitmeat C o...........................*20
R 'y Co. B», 1UUI. J u ly,1808,
(Miupoua lttnclieil............ *13,500
$ 2 0 ,0 )0 Qlenwooil Ore hard
& irric. Co. l«t 6a . . $ 2 5 for lot
llnw ts.
By Messrs, Adrian H. Muller & Son
ulw-’n*
Share.
Shaft.
The visible supply of grain, comprising the stocks in granary
17 A (»e r. B j , -Vat. B an k .. ..172># i o o A m ericas Book C o ....... 150
at th< principal point* of accumulation at lake and seaboard 100 C. 8, Fire in*. C o _____ 07% 20 Brooklyn Academ y o f
1o People'.*Tr. Co.of B'klrn.227%
■Music (w h it tic k e ts )___ 1 65
ports, March 14, 1866, was as follows:
410 Consuajora' Oorilake Co.
8 Nat. Bank o f Com rnoroe. 20-1
O
stra,
Is mart a
(ordluary)....... ................ 2(i
15 Columbia Bank. N. Y ....1 8 8
6 A
tW .
»
Sew r e f* ...
i jm jm
IS .O O
OO
110 rioisVm'r-' <'<ird. Oo.prof. 00
* Soatheru Nat. Bitnk....... 110
Do xSyaS,..,
imam
* Imp’r* & rr'rt'rs’ .Vnt.Bk.510
2 0 0 N at. B ro a d w a y B an k___ 235
tbuSw ^ai::‘ iMi^s V.WWA
Z
«nm l
O
O
»«•".*!...
30 B rooklyn Trass no.......... 3 9 1
2 > Lost! isiunil Safe Deposit
Co. o f B rook lyn .. . . . . . . 09
tM m ll
tm .m
Mllwsskss............. tM tX
.O Do Ufam
t...... uaww
Duluth.................. 12.091,990
Do afloat.,,.
........
Totido.................
Oa *aost......
twi@o
Dstrols.,
. o»
Oswflflo..,
*......... l i j.w
.
m m n .........____ m
~K*m
T^roatK)#,......... ...
-u »* : *
<0
H,€
Montrml....... .
Vhil^ipMn.,
HMW
yi nSi'ixiiit' V
W O
IvO ©
U S E :;;
M O M it*............t ..
lB W W
O a S » « f#M K
""'r
On «sao atSdrirSir*!,'
Total Hw. U ,l*w .d7.iw .ow v
Total M 1. w ei.nsjsw -*
ar,
w
s.«>
T.rtal Mar. 10. DW 7fl.s74.000
5
ftalftl.000
.sjm
W
.900
"».0b6
1 *,o*w
1
B
^o.ooo
mi.km
«
imam
'*&#*)
n.mn.im
{M g ®
m.oe,
1
4,<m
m jm
"a,duo
ii.uiw
fl^SSS
i47,eoo
327,i h
K)
44000
1.00,000
‘ t>>6
■«,ow
27,000
M
'WMi
Sitiilitng
mktm
io,0i0
7Awm
7amam
.
’ 7.000
and
iftmuxctal.
S p en cer T ra sk
& C o .,
B A N K E R S ,
1
,ooo ■ 7 & 29 PINE NT It BE IT
1
,
NEW YOKK.
65 Stair. Street, Albany,
«i.(W
0
I N V E S T M E NIT S E C U R I T I E S .
......
mwM
........
1,467.000
1^87,000
292,00*)
*
Bond*.
* 5 ,0 0 0 W m iarn aburg r>as-L.
CO. U t-is . 1 0 0 0 .A,to. M 5 !l8 A int.
S
a m
D .
u e l
D
C o .,
BANKERS,
NO. 40 W ALL ST., NEW Y O R K .
Samckb D. Da via.
Ceas , B. V an Nosthand.,
1,627.0(10 O toaofl BABOLAT MorrAT.
tjm jm
&
a v i s
U u a -vdsu M. W h it *, j *
M o f f a t
— Burden’s Official Intelligence for 1866 has come to hand.
Thi* elaborate volume, prepared under the supervision of Mr. 30 P I N E
Henry C, Rurdett.JSecretary to the share and loan depart-
& W
h i t e
,
BANKERS
S T It KIK »•,
IN V E S T M E N T
-
-
NE W
S E C U R IT IE S .
YOn K
THE
534
CHRONICLE.
[V ol. LX)I.
Posted rates of leading bankers are as follows:
g b e
g a w
k e r s '
( l a
c t i c
S ixty D ays.
M arch 20.
D IV ID E N D S .
K a m i o f C om pany.
K n llr o n d n .
C h a rtle '8 .............................................
N . V. Cent. & I lu d . R iv e r (q u a r.).
N. Y . N. II. At H a rtford (q u a r.)..
N o rfo lk A So at lier u (quar.) .. .
c
Pitts.Y oh. ♦ Aslitab ,eom .dtpref.
Southwest P en n sy lv a n ia............
Banka.
F ifth Avenue (quar.)....................
do
do
(extra)...................
T r u s t C o m p a n ie s
B ro o k ly n . B ro o k ly n ( q v n r .) ........
F ranklin, B rook lyn (q u a r .).........
L o n * Is. L. A T .f B ’k h n (quar.) .
c
T itle Guar. A T ru st (q u a r .)..........
IV llH cellan eou a.
A m erican Bell T e lep h on e (quar.)
C am bria Iro n ....................................
D e n v e r C o n solid a ted G a s ............
E q u ita b le G as-Ljrt-of N .Y . (quar.)
J o u n u a y & B urnham , coin . A p f
Standard Gas-Lift, o f N. Y . (com .)
P cr
Cent.
n
1
2
1
3»*
6
W hen ;
Payable.
Apr.
Apr.
Mar.
Apr.
Mar.
Apr.
2? | Apr.
4
2
2
2
Apr.
Apr.
Apr.
Apr.
3
2
1
3
2
1
Apr.
Apr.
A pr.
Apr.
A pr.
A pr.
B o o k s closed.
{D a ys inclu sive.)
is|M ar. IS
31 Mar. 19
lO A p r . 1
25 Mar. 19
1 ------------
to
to
to
to
t o
A p r. 15
M ar. 31
A p r. I d
M ar. 25
------------
1 Mar. 23 to M ar. 31
I Mar. 21
1! Mar. 26
I I.Mar. 22
1 Mar. 22
to A p r. 1
t o A p r. 1
t o M ar. 31
t o Mar. 31
15 Mar. 23 t o
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day : Savannah buying
1-16 discount, selling par ; Charleston, buying par, selling %
premium; New Orleans, bank, SI 50 premium; commercial
25@50c. per $1,000 discount; Chicago, 40c. per $1,000 dis
count; St. Louis, 50@75c. per $1,000 premium.
United States Bonds.— Sales of Government bonds at the
Board include $815,000 4s coup., 1925, at 116% to 117; $14,000
4s reg., 1907, at 108%; $8,000 5s coup., at 113 to 118%; $3,000
6s of ’97 at 103bj and $350 4s reg., 1925, at 117. Closing prices
are as follows :
i
l
in terest March March March March M arch M a rch
19.
2 0.
17.
18 .
P eriods
14. | 16.
A p r. 15
t o --------
1 Mar.
1 ft! Apr.
1 Mar.
10 Mar.
23
2
21
26
to A p r. 1
to A p r. 15
to A p r. 1
t o A p r. 1 0
W A H L S T R E E T . F R I D A Y , M A R . ‘2 0 , 1 8 9 6 - 5 P . 01,
The Money Market and Financial Situation.— The an
nouncement on Monday of the new plan for reorganizing
the Northern Pacific Railroad is the principal event of the
week in financial circles. The plan, which is underwritten
by a strong syndicate and already approved by a majority of
the security holders, will no doubt be successful. The prog
ress which is thus being made in placing another of our
great railway systems upon the list of solvent companies
calls attention to the fact that it will soon be followed by
plans looking to the same result in regard to the St. Louis &
San Francisco, the St. Joseph & Grand Island, the Chicago
& Northern Pacific and the Norfolk & Western companies.
These plans are already well matured and are expected to be
announced in the near future
Several causes have contributed to make business generally
very dull in W all Street during the week. Prominent
among these causes is the fact of recent commercial failures
ana the conditions which have led to them. Then again
the political situation, not only at home but elsewhere, as is
well known, is not of a character to inspire confidence in
the future value of securities. For this and other less
prominent reasons the public generally are not seeking investments, and business at the Stock Exchange has been
narrow and professional.
The money market has hardened somewhat at this centre
on the withdrawal of funds by the Secretary of the Treasury from depository banks, but is reported easier at Boston
and Philadelphia.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2 % to 4 % per
cent. To-day’s rates on call were 3% to 4 per cent. Prime
commercial paper is quoted at 5@6 per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £248,592, and the percent
age of reserve to liabilities was 62’50 against 62’47 last
week; the discount rate remains unchanged at 2 per cent.
The Bank of France shows an increase of 6,900,000 francs in
gold and 3,500,000 francs in silver.
The New York City Clearing-House banks in their statement
o f March 14 showed a decrease in the reserve held of $1,554,400
and a surplus over the required reserve of $21,448,825, against
$33,234,500 the previous week.
D em a n d.
P rim e b a n k e rs’ ste rlin g bills o n L o n d o n - 4 87 34 8S 4 SSI*®! 89
Prim e c o m m e r c ia l'......................................... 4 8 6 % ® 4 86t*
D ocu m en tary c o m m e r c ia l............................ 4 95% * 4 86
Paris b an k ers' (fr a n o s ).................................. 5 1 8 % ® 5 1 8 1 ,« 5 Ifi78 3 l 6 3 | 8
40 ® 4 0 1 ,8 4 0 8 ,« ® 40%
A m sterdam (gu ild ers) b a n k e rs..................
9 5 ® 9 n l |(,
953s»95’ e
F ra n k fort o r B rem en (reiob m a rk sl b ’ kers’
* 95
* 95
* 95
95
2s, . . . . . . . . . . . . .r e n . Q.-M oh. * 95
n o ^ i e *103
4 s, 1 9 0 7 .............. reg. a .- J a n . *103 1 103% *108
4 s, 1 9 0 7 ........... cou p . Q .-J a u . * 1 1 0 ‘s *1103i *11012 *1101^ *11012
4s, 1 9 2 5 ..............rest. Q .-F e b . *116% ' 116% *110% *116-% *116%
i lie ^ g 1 1 6 ’ s 116% 116%
4s, 1 9 2 5 ...........co u p . Q .-F e b . i i 7
5s, 1 9 0 4 .............. relr. Q ,-F e b . *112% m 2 * *112% *112% * L13
5s, 1 9 0 4 ........... co u p . Q .- F eb. *112% ’ 112% *112% 11310 113%
*102
*102
6s, 3 u r’e y,’ 9 7 . _reg. J. & J. *102 *102 *102
*105
*105
*105
6s, o u r’o y ,’ 9 8 ...r e g . J. & J. *105 * 105
*107
*107
*107
6s, e a r ’c y ,’ 9 9 .. .re g . J . & J. * 107 *107
*100
4s, (Oher.)1896\rog. M arch. *100 *100 *100 *100
*100
*100
*100
48, (C her.) 1897.re.tr. M arch. *100 *100
*100
*100
4s, (Cher.) 1 8 9 8 . reg. M arch. *100 *100 *100
*100
*100
4s, (C h e r .jl8 9 9 .r e g . M a rch . *100 *100 *100
* T his is the p r ic e Did a t tlio m o rn in g o o a rd , no sa le w as m ade.
* 95
*108
ULOhj
‘ 1165s
1165s
*113
113
103%
'1 0 5
*107
*100
*100
"1 0 0
*100
United States Sub-Treasury.—The following table shows
receipts and payments at the Sub-Treasury.____________________
B a lan ces.
D ate.
R eceipts.
P aym ents.
Mar. 14
“ 16
“ 17
" 18
“ 19
“ 20
$
2 ,3 9 7 ,0 6 7
5 ,7 1 1,57 2
3 ,1 3 3 ,7 3 9
6 ,2 5 7,74 4
2,8 1 7,63 9
4 ,9 3 1 ,9 1 7
$
2 ,8 1 5,55 0
4 ,1 7 5 ,1 7 0
2,9 2 4,39 3
4 ,9 7 0,71 9
2 ,4 0 2 ,1 -8
3 ,7 2 4,70 6
T otal
2 5 ,2 4 9 ,6 7 7
Coin.
C oin CerVs. | C u rren cy .
$
3 ,4 9 6 ,5 9 7
3 ,4 7 3 ,7 1 2 !
3 ,4 8 7 ,1 5 6 ;
3 ,6 0 7 ,4 8 4
3 ,5 2 1 ,9 8 0
3 ,9 0 7 ,4 5 9
$
8 8 ,9 0 2 ,3 7 9
8 8 ,6 1 4 ,1 5 1
8 8 ,6 9 9 ,4 5 1
8 9 ,8 4 7 ,6 0 4
9 0 ,2 3 1 ,1 4 6
9 1 ,2 3 7 ,9 1 5
2 1,0 12 ,7 1 6
$
1 2 5 ,51 1 ,4 8 2
1 2 7 ,34 8 ,9 9 7
1 27 ,45 9 ,5 9 8
1 2 7 ,47 8 ,1 4 2
1 2 7 ,59 2 ,5 6 4
1 27 ,41 0 ,5 2 7
Coins.— Following are current quotations
S o vereig n s............ $ 4 88 ® $ 4 93
N a p o le o n s ............ 3 85 ® 3 92
X X R e icb m a rk s. 4 7 0 ® 4 80
25 P e s e ta s ............ 4 76 ® 4 86
Span. D o u b lo o n s.1 5 5 5 ® 1 5 75
M ex . D o u b lo o n s .1 5 5 0 ® 1 5 75
F in e g o ld b a r s ...
p a r ® % pram.
in gold for coins :
F in e silv e r b a r s ... — 6 8 % ® — 69
F iv e fr a n c s ............ — 9 0 ® — 95
M e x ica n d o lla r s .. — 5 4 8s® — 5 5 %
D o u n oom ’ o i a l.. — — ® — —
P e ru v ia n s o ls ........— 4 8 % ® — 5 0
E n glish silv e r . . . 4 8 0 ® 4 ( 0
U. 8. tra d e d o lla r s — 6 5 ® — 7 5
State and Railroad Bonds.— Sales of State bonds at the
Board include $19,000 Virginia fund, debt 2-3s of 1991 at 61
to 61%, $1,000 Tenn. settlement 3s at 86% , $1,000 Alabama
class A at 107% and $4,000 Louisiana funded debt at 98%.
The volume of business has been restricted in the market
for railway bonds, and in the absence of an investment de
mand prices for the active list are generally lower. Northern
Pacifies have been the chief feature of interest and the d if
ferent issues reflect the conditions of the new plan for rehab
ilitating the company. The con. 5s and the coll, trust notes
have advanced about 1 and 2 points respectively, while the
3d coup, have lost over 6 points. Louisville N. A . & Chicago
and Rio Grande Western have been strong on limited
sales. The active list includes, in addition to the above,
the Atchisons, Chic. & Nor. Pacific, Mo. Kan. & Texas,
Ore. Short Line, Texas & Pacific, Wisconsin Central, Reading
and Southern Ry. bonds, a few of which have been steady
and others weak.
Railroad and Miscellaneous Stocks.—This has been one of
the dullest weeks of the season in the market for railway
stocks. The trading has been almost wholly o f a professional
character, and the offering of a few shares for London account
has been sufficient to depress prices. Northern Pacific has
been the weak feature of the market. It declined under
liquidating sales, which naturally followed the announcement
of the new plan. Louisville & Nashville, Southern preferred
1896.
D iffercn 'sfrom
1895
1894
and some other shares which are dealt in abroad show the lack
M arch 14
F rev. w eek. 1 March 16.
M arch 17.
of interest which the public is just now taking in W a ll Street
$
investments. St. Paul has been relatively strong, sustained
*
#
8
C a p it a l................. 61,1 22 ,7 0 0
.................
6 2 ,6 2 2 ,7 0 0 5 9 ,9 2 2 ,7 0 0 no doubt by continued favorable traffic reports. Scarcely
S u rp lu s................
7 2.8 33 ,3 0 0
.............
j 7 1,0 4 6 ,8 0 0 7 0 ,0 9 0 ,6 0 0
L oa n s Ac d isc'n is . 4 6 6 ,5 2 6 ,9 0 0 I n o .2 ,0 3 9 ,0 0 0 4 8 9 ,00 4 ,0 0 0 1 4 3 ,0 5 8 ,1 0 0 enough coal stocks have changed hands to establish-quota
C ir c u la t io n .........
14,2 34 ,8 0 0 I u c . 2 5 1 ,00 0 1 2 ,2 95 ,5 0 0 1 1,3 0 8 ,9 0 0 tions, except in the case of Reading, which has lost 1% per
N e t d e p o sits........ 4 8 9 ,8 0 9 ,5 0 0 t n e . 9 2 5 ,1 0 0 5 1 8 ,4 9 6 ,5 0 0 5 4 0 ,2 6 6 ,4 0 0 cent. Manhattan Elevated has declined 2 % points, presum
Bi e c le .................... 6 0.8 45 .1 0 0 Deo. 6 9 3 ,0 0 0 6 7,5 7 3 ,6 0 0 9 8,5 8 3 ,0 0 0
ably on the ground of present and prospective competition.
L e g a l te n d e rs___ 8 3.0 5 6 .1 0 0 D ec, 861,400j 7 9,6 1 9 ,3 0 0 1 13 .7 8 5 .9 0 0
Baltimore & Ohio is one of the few stocks on the active list
R e se rv e held........ 1 4 3 ,90 1 ,2 0 0 D e o .l,5 5 4 ,4 0 0 1 47 ,222,900 2 1 2 .3 6 8 .9 0 0
which does not show a net decline during the week.
L e g a l r e s e r v e .... 122 ,45 2 ,3 7 5 I u c . 2 3 1 .2 7 5 129,624,125 1 3 5 ,06 6 ,6 0 0
Some of the prevailing conditions have favored active
S urplus reserve 2 1 ,4 4 8 ,8 2 5 D e o .l,7 8 5 ,67 6 1 7 ,5 98 ,7 7 5 7 7 ,3 0 2 .3 0 0
manipulation of the industrial list and the speculative ele
Foreign Exchange.— The foreign exohange market has re ment has not failed to take advantage of the opportunity
offered. American Tobacco has been the favorite, but its
mained practically unchanged during the week and extreme fluctuations have been confined within a range of 4 points.
dullness has prevailed. Quotations have continued steady.
General Electric has not sustained the advance noted last
To-day’s actual rates of exohange were as follows: Bankers week, and declined to 35% on Thursday, closing at 36. Tenn.
Coal Iron & Ry. has been weak on liquidating sales by parties
ixty days’ sterling, 4 86% @ 4 87; demand, 4 87% @ 4 88; cables,
reported to have been actively interested in the stock. Chicago
8(3* 88%.
Gas and Distilling have declined an average of over 1 per cent.
tH E
March 31, 18&6.]
CHRONICLE.
535
NEW TOitK STOCK EXCHANGE—A02/FS7 ST O C K S f o r w a .1 en d in g M A R O H 2 0 , a n d sin ce J A N . 1, 1 8 9 6 .
H IGH EST AND LOWEST PRICES.
Saturday,
Mur. 14.
Mondav,
Mar. IS.
Tuesday,
-Mar. 17.
-
W ednesday, Thursday,
Mar. 18.
Mar. 19.
1
Fridi
Mar.
STOCKS*
A r r iv e H R , S to c k s .
14% 15%; A t.Top. % S.Fe, aUlnstal. paid
*23% 25 ,
Do. pref,, when issued.
*%
Si Atlantic * P aoiflo.................
10% 17 Baltimore A Ohio ..................
*21% 21% B rooklyn Rapid Transit.......
54% 55% Canadian fa o iit o ...................
49% 49% Canada Soutbern...................
10*. 105% Central o f S ew J ersey...........
14% 14% Central Pacific........................
15% 15% Chesapeake & O h io...............
Sales o f
the
W eek,
Shares.
Hange fo r year 1896.
Lowest.
Highest.
15% 15%
16
16
14% 13%
12% Jan. 7 17% Feb. 24
16%
345 19% Jan. 7 28% Feb. 24
25
*25
25
25
20
23%: *35
*%
Si
% Jan. 7
•%
%
•
%
*%
%
% Feb. «
8,345 13 31 ar. 0 44 Jan. 27
16% 16%
10%' 16% 17%
16% 17%
•137 21% Feb. 13 24% Feb, 20
22
22
2 .%
21% 21%
22%: *22
21% 21%
*55
60%
56%
31 Jan. 4 59% Feb, U
30% *55% 56% *55
56% *55
773 45% Jan. 7 51% Feb. 10
*49% 59
ty% 49%
49% *49% 50% *49% SO
1,410 94% Jan. 7 109 Feh. ft
1 0 8 4 ,1 0 6
105% 103%'
190% 107% 106% 106%'
106
1 14% Jan. 9 15% Feb. 15
18 %
MS
15V
13% • is
15% *15
15%; *15
4,290 13 Jan. 7 18% Feb. 10
13% 16%
16%
10% 16%
16%
16% 16%' i>;
75
*155 150
13.3 1 5 0 .C h ica g o & A lto n
139 : ■153 159
157 168% •1 55 159
77% 77%
S i ’ s Fell. 10
77%; 77% 77%
70% 77%; 75% 70% 7.J% 76% Chicago Burlington Jr Quincy 33,000 71 % Jan.
170 4*2% Jan, 10 43 Jan. 18
43
43 : 11% 44 Chicago A Eastern I llin o is ...
44
*43
44 j
42% 42%
44 | ‘ 43
5 98 Jan. 23 100%; Mur. 5
07
97
*97 10 0
....... 100 ,
Do
pref
*96 100
101
77% 77%
76% 77% 76% 76% C hicagoM i!w w okeeA St. Paul 31,102 63% Jan. 7 79% Feb. 24
77% "77% "77%, 76% 77%
1,664 125 Jan. 7,130% Mar. 2
Do
pref.
129% 129% 129% 129% 120% 129% 129 % 1*29% 129%;
129% 129*3
2,302 04% Jan.
1.3% : 103% 103%' 103 103% 102% 103 , 103% 103 Chicago & N orthwestern. . . ..
103% 103%
103% Fell, 11
170 142 Jan. » 147 M ar. 6
Do
prof
'1 4 3 % 140 , 14 V ;: I i~. -- 144 ......... 145 145%' 145% 145% 145% 145%;
71% 71% 70% 71%
71% 71% 71% 71%
69% 71%
69% 70% Chicago Hock Island A Faeifle 19,507 62 Jan. 7 74% Fen. 24
200 31% Jan. 7 42% Feb. 24
-40
41
39% 39%
39% 40%'CUicucoSt. Patti Minn. JtOm.
"39% 40% '3 9 % 40%; 40% 40%
•124 m
121 126
Do
prof.
80 117 Jan. 7 121% Feb. 25
124% 121% ‘ 124 125 *123% 127
124 124
•3,6731 31 Jan. 7 39% F eb. 10
*30
30%
35% 37%
35% 36
35% 33% 33% 35%'.Ctare. Qfncin. Okie. A St. L ...
35% 35%
*88% 90
.................... *67% 89%.
Do
prof
‘ 87% SS%;
.........| 89 Mar. 0 90% Feb. 20
*87%
*10% 17%' *16
......... 15 Jan. 7 18% Jan. 23
17% *16% 17%, •16
17% *15% 16%: 15% 10% Columbus H ooking V al.& T ol
*30
60
*........ 60 i *60
*50
60
'5 0
00 !
Do
prof.
‘ 50
oo
60
- ............
*125% 127% 127% 127% 126% 127% 126% 127% 126% 127
127% 127% Delaware A H udson................■ 1,441 119% Jan. 7 120% Feb. 11
*101 162 , 161 162
161 1H2 i 160% 160*. 160% I0ti‘ - 160% 160% DeiawareLaekawanim&W est
518,135% Jan, 7 104% Jau. 31
*12% 13% M2% 13% '1 3
13% ♦12% 13%. *12% 13
*12
13 Denver & m o G ra n d e............................ 12% Jan. 14
; > I
.
4%
47
18
43%
16% 47
46% 17%
.D o
prof.
5,3,50
40 Jun.7 31 Feb. 24
47
49
48
48%
13% 15%
14% 14% *14% 1 I V E r ie ' ..........................................
4.000 14% Mar. IS 15% Mar. 12
i s >4 i5% : ir.% 15%
14% 15%
3,690 ......................
41
411,
30% 39
39
39
DO
la t p r e f.' ***"” * 38% Mar. 19 i i ' !i Mar. 17
39% 10%
u
n%
40% 40%
370 24 Mar. 12 23 Mar. 10
24
.................... J
D«
2d peer.
21
25
34% 24%
24% 25
24%. 24%. 24
31
31
*200 25 Jan. 15 34% Feb. 24
30% : o
*30% 33
30% 33 : *30% 31 E vansville A T erre H aute___
*30
33
•107 113 . 107 H 3 : 108 113 , ■108 113
Mi n s
108 113 .G reatN orthern,pref................
...... 108% Mar. 13 111% Feb. 14
124: KiHjJiu,. 8 98 Jan. 31
93% 95%' 33 % 93%; 95% 93%; •95
90% 95
95 1
Illinois Central...........................
96% -95
*8% 8%i
8%
8*4
446
7% Jan.
8
0
■*
8 % Iow a C entral.............................
10% Feb. 7
‘ 8%
8%
8%
S hi
•37
37%: *30% 37%
35
35
35% 35%
Do
prof
37% Mar. 18
30% 36%; M
407 25 Jan,
36%
*19% 20
360 10 Jau.
■10
20%,> 2 0
22% Feb. 5
2 0 ; •19
19
19
19
19%‘Lake Eric St W estern................
20
*73
75
*71% 73%' 71
73%:
Do
p re f
%
,J(
4«0i oi-% Jan.
75 Feb. 7
71% 71%; 71% 71%
78
72
*140 149 1 110% 147
ISO Feb. 25
37: 184% Jan.
146% 146% 146 146% 117% 147% Lake Shore A M ich.Southern
*81
61
81
81 , “ I
“.I
*81
**>
H4
81
81 Long Island............................
550 81 .Mar. 16 84 Jau.
*61
84 ; •
52% 52%
52
52% '
50% 51 iLotnaetUe * Noun v i n e .............'3 3 ,9 9 8 30% Jan. 7 55% Feb. 24
51% 52% 50% 52
•8
9 ; LOttUv. Mew Albany A C bio,.
7% Jan. 8 10% Feb. 18
U
9%
0%j 53 “ 52 , :
«
0
•9%
»% ;
*8%
*20
22
21 I
Do
prof
1,1 (0 10% Jan. 6 24% Fob, 13
•90
22 S •20
18
21
21
20
20
22
1034, 104
5,128 96% Jan. 9 113% Feb. 11
103% 104%
103% 104 ;
103
10S«*
103 U »
310 92 Jan. « 108 Feb. (!
108 105%! 103% 105%.
103 10,3
•*3i
m
...................jillehigan C entral,....................
97% Feb. 11
01% Juu.
•19
80% ns*
2 o% ' *19
21% Feb. 21
17 Jan.
21
*10% 21 Minneapolis A 3% L o u is ..___
*19
21
*41% 8 3 *78
*78% 80 ; *78% 81
90
■78% 80 ;
Do
1st pref.
*78
72 Jau. 10 83 Feb. 21
SO
1,200 40 Jan, 7 53 Feb. 26
*18*1 50 1 •40
49% 60%
50% 50%
Do
2d pref.
50
*50
.31
*11A
11% LI %;Missouri Kansas A T exas.......
*12
12%; *12
,600 10% Jan. 6 13% Feb. 21
12% * l l b
*11% I'M
28% 28%; 2 8 % 28%; 28% 28%' 37%
26% 20%
Do
prof.
4,565 22 Jan. 7 31% Feb. 25
26% 27%
23% 21 | 23% 23%: 23% 23%; *23%
22% 23% .Missouri P a d fte...........
7,927 20% J e b . 4 26% Jau. 2
22% 23%
*22% 24 i *22% 21 , •
*21 Mobile A O h io ..........................
101 21 Jun. 9 25 Jau. 11
22% 32% *22
22
22% 24
22
‘ 68
83 i *68
*08
85 ' N ash v. Chat to mjogaASL 1/.)u1
h
•68
85
85
*65
-68
85
*10
60
210 45% Jan. 8 51 % Jau. 28
*40
50
•10
50
45
15 Now E ngland...........................
«7
IT
50
*40
97% U7‘, 97% 88%l *97% 98
1,010 03% Jun. _ 09% Feb. 10
97% 96%. 0 6 % 95% 90% 00% Now York Central A Hudson.
*12% 11% *1 2% I t : *12% 14% *13
15 Jau. 22
410 11 Jam
13% 14% 14% 14%.New York Chicago A St. Louis
14%
*70
75
74% 74% *74
SO ,
Do
lH p r e f.
210 71% Jan, 17 80 Jau. 22
75
73
75 i 75
*74
80
•28
29%; *28
30 : *2%
30
31%
31
31
Do
2d pref.
1,220 26 Jau. 17 31% Mar. 19
29%
20% 3 0
*175 ISO
180 *170 180 Mow Y ork Mew Haven A Hart.
173 180
■177 181 , 177
•175 ISO
175 Jan. 7 186 Feb. 10
14% 14%
3,090 12% Jan. 7 15% Jan. 31
14% 14 4 14% 14%: 14% 14*- 14% 14% Mew York O ntario A Western.
*9% 10
••
••
9%
o% New York Suaq.A Weak, new.
972
8% Jan.
‘Si ' ! '
11% Jan. 31
9%
9%
•*» »% ,i
9%
9%i
23% 20 ; 20% 26%; 23
2,010 21% Jan.
23%
24 |
Do
pref.
31% Feb. 0
24% 34%; 23% 24%
24%
1%
2
1%
2 Norfolk A W estern...................
3 Feb. 21
1%
1%'
800
1% -Mar. 13
1%
2
1%
1%
1%
1%;
*7%
8
'7%
7%; *7
9% Feb. 5
950
0% Jan, 7
7%'
0% 6 V
Do
pref.
6%
O'
*0%
7%!
2%
3
1%
I V Northern Pacific...................... 15,862
5 Jau. 30
2
2%
1%
2%
1 % Mar. 19
a%i
1%
1
12% ir.
11% 12%
12
Do
prof. 22,176 10% Jan. 8 17% Mar. 9
13% 13 . i f t 13
12
1 2 % 11%
12
12
13
10
n s % .........
..................Oregon R’ y A Navigation Co.
13 10 Feb. 18 10 Jan. 27
*19
4%
4V
3%
3% O regonSh, Line A Utah North.
8% Feb. 24
928
4%
t%;
3 b Mar. 18
4%
3%
3%. *3%
3%
3%
u % n % ; 11% 11%
10% D. - P h ilo - A Rending D t l n t . pd.
10% 11%
7,770 *2% Jan. 7 15% Jan. 31
11% 11%: 11% 11%
*17
IS
*17
VS
*17
18 P U U fm rgC ln n T ch te . A St. L.
*17
IS s *17
18% Feb. 7
19
18 1 10
147s Jan- 7
*56% 57%; 57
57
200 __ Jan. 8 59 Feb. 27
*56% 57%
Do
prof.
56% 56%. ■56% 57%' *66% 68
52 ____
*
.................... 19 *........ 19 ; ......... 19 S
........ 19 'Pittsburg A W estern ,p ref....
.........; 17 Jan. 15 20% Jan. 31
’ ......... 19 i
10
*
*
.....................16 18 *......... 16
:
' .......
18 K10 Grande W estern...............
.........: 10 Fob. 8 18% Feb. 10
18
......... IS
* U 8 * » iio % ; 115% 116% * ii5 % ii6% s 116% 116% U 5 l i ft
........................
116 116 Rome W atertown A Ogdenah.
63:116 f% b. 7 118 Jau. *
*57
00 ' *56
........ 60
60
.. . • • •:»!
•'
59 ,St. Louis AIL A Terre Haute.;
......... 57 Jan. 20 60% Jan. 3
“ ft"
3
•4%
5%
1%
1\ SL Louis .Southwestern_______
*4%
5% Feb. 7
%.
410
4 Jan. 7
1% 5
4%
5%
*11
12
*11
12
10% 11%
Do
pref.
*11
610
9 J an. 0 13 Feb. 26
11%
11
11
*24
28
25
26 . 26
29 : *26 * 28
26
-20
28 St. Paul A D uluth....... ............
200 25 M ar 12 27% Feb. 24
*20
*89
91 : !>1
*89
9!
91% *89
91%
Do
pref,
200 90 Feb. 1 91 Feb. 10
•80
91% *99
91
112% 112% ’ 109 113
1<>9 113 S t Paul Minn. A M anitoba. .
109 113
109 113
30 110 Jan. 22 115 Jan, 11
109 113
19% 19%
19% 10%' 19% 19% 19
IS 5* IK". Southern Pacific C o .................
1.850 18% Mar. 20 22% Jau. 14
10%
9%
■;»%
0%
9%
9%
0%
!>%
OMiSotutiera,voting trust, enrtlf
1,724
7% Jau. 8 11 Feb. 6
9%
»%
0%
9%!
30% 30 i 30
30% 30% 3 ON 20
8%;
8,601 23*1 J mi. 7 33% Feb. 25
30%; 28% 29%. 28% 29%: Do pref., voting UrnaL cert.
*8%
8%: *3%
8%'
8
8 .Tex** A Par Hie.........................
9
S%J
1,3001 7% Jau. 7
0% Feb. 25
8%
8%
6%
3V
•30
37
*30
37
•30
37
*30
37 Toledo A Ohio Central ...........
*30
37
37 I •30
*68
7 5 ; *65
75 ; *65
73 . *65
5
Do
pref.:
75 1
'65
75 j •os
7%
7%
7%
7
7M
7%
6% 7? !
Oh
6 % Union PacUic m is t r e ceip t*..! 7,1*98
0 Feb. 24
6%
6%
S% Jan. 7
*4
1%
4%
*4
i
4 Union Pacific D enver A Gulf.
5% Feb. 13
800
3% Jan. 7
4%
4
4 '
4%i
6% ” *a% "'&%
6%
6%
«%
*«%
0%
6% W abash.......................................
7% Feb. 24
1,555
0% Jan. 7
6% 6%
17% I -% '17% 18
17% lft%
17% 17%
i*;% 10%
Do
pref.
5,746 14% Jan, 7 19% Feb, 24
16% 17%
1 0 % 10%
10
10
•Ml 10 V
9%
9% W heeling A Lake Erie............ I 13,950
h * Mar. 19 13% Feb. 1
s
8H
9%
9% 10
*30% 38%' *36% 38
36% 36%
*32
34 ,
Do
pref
40% Feb. 13
1,550 31 H Mar. 1
33
30
31 % 33
*3
3% Wise. Cell. Co., voting tr. r t f ' j
4% Ful). 24
3%
3%
100
2% Jan. L
*3
4
t
0 I « -r lla iiT O n « S to c k s .
16% 18>i
1ft % 13%>Amerlran Cotton Oil C o........
15% 15%
3,561 13 Mar. 9 10 Jan. 27
16*4 16% 16% 16%
18% 10%
’ SI
62%
62% 62%
02% 64
62% 62%; . 61% 01%;
1,770 57 Mar, 7 CO Feb. 11
63% *H
.
Do
pref.
116% 117% , I I 1% 117% 116% 117% 115% 117% 114% 115% 114% 113% A m ertoaiiSugar Rettnine C o 108,39V 97 J a „. 7 118% Feb. 28
102 102 ; 100 101'i l o t
101 % 100 100% lo n
100% 100
100%
Do
pref
1,008 05 Jan. 6 102% F e b ..20
82% 83%
82% 9 4
82% 83%
92*i
81 % 83% American T obacco C o ............ 260,949 71% Mar. 7 84% Jan. 4
80% 82%
81
102 102 1 0 1 % 101% 102 102%
101
102
101 % 1 0 l»5
Do
prer.
4 5 7 1 0 0 Mur. 7 103 Feb. 13
80
66% m u «6 %
66% »;o%> 05% 00%, 64%
85% 64% 05 Chicago Gan Co., eerta. o f dep.
11,343 02 Jan, 7 70 Feb. 25
*151 156
1ft.' % IX iH 1 is 152
15* 160
i ll<% i s o
148% 160 .Consolidated Gas C om p an y .4 ,5 4 2 1 4 3 Jan. 7 101% F eb. 1 0
18% 18%
18% 19%
19% 19
17% 16%
1 7 't 17%
17% 17%,Dl».AC.F.tv».,tr.et*.nU W .pd. 34,355; 14% Jan. 7 10% Feb. 10
36% 37% 36
37%
38% 37% 3«% 37%
35% 3«%
35% 36% G en eralE leetrieGo . . . . . . . . . . 58,879, 22 Jan. 0 39% Mar. 13
*64
72
*61
72
*65
85
71
*59
71 Illinois Steel C o ......................
100 02 Jon . 23 70 Feb. 14
85 ■ *58
'26
27
23% 21%; 21
24 ; 24
1.489; 22% Mar. 7 *28% Feb. 10
24 i 23%
23% 2.1% 23% National Lead C o ...
*83% 85 : 86% 80%
40% 80% 88 % 80%
«'J
90% 80% 87 i
Do
1,799 82% Jan. " 89% Feb. 14
pref.
3%
f,:%
.5% 5%
5%
5,025
’
6%
5%
3
5% North Am erican Co ...............
1 Jun, 6
5
5%;
0% X eb. 24
J 7 H 2 ,%
23% 20% 28% 20% ; 25% 30%
2ft
7,003 22% Jan. 7 31 Fob. 10
23% 29% 27%;PaclB0 i l a i l ..............................
*139 ........ 142 .......... l i f
141
.......*140 .......... ;Plpo Lint1Oortlfieiiten..............
140 ....
•157 ICO
1 8 0 m o ’ 160 i o i V 150 160
2 143 Jan, ~7 i o i " Feb, l i
153 100 Pidlinsn Falare Car Company
193 160
'6 0
60%' **9H 69% *69
....
69% m
20.285 07% Jan. H 70 Feb. 24
08% 69(4-8uT8r BoUton Certlttoate*....
60% * e s v 08%
30% 30%' 29%' 30% 29
:io
28% 29%
25% 27% Tennessee Coal Iron < RU
fc
17,800 23 Jau. 7 34 h Feb. 10
26% 28%
Do
pref.
5% a% 5
S%; 5
s%
8,200
4H 5
4%
4%
H.S.Cord.Co.,tr.reo.an Int.pd,
U% Fob. 7
th
4% Jan, 0
*10
n
9%
10 9%
0%
0%
ti%
1,720
9%
9 Jan. 7 12% Feb. 7
Pref., tr. ree, all Ins. pd.
0*4
0%
■
>
»%
9%
o *
S V 9%
>
0%
9N
9%
ON
1,230
0%
9% United Stotes Leather Co......
y%
9 J an. 0 11% Feb, 8
i>%
61 % 61% « t % 6 3 %
6 0% 02%
00% 01
60% 61%
10.807 50% Jau. 0 69% Feb. 14
Do
pref.
60% 61%
*28
27 f 20% 27
27% 27%: 26% 27%
2ft % 25% United States Rubber C o..
2.101 22% Mar. 6 29 Jan. 13
25% 20
85% 83%( 83% iS % i 85% 85%; m % 85%
|-3% 85 W estern Union Telegraph.
0.032 81% Jun,
84% H5*4
*7*« Fnb, 1 0
«s e « r e old andiMked n osaloraad a,
:i Lowest Is ot-dlvldoud.
) Ex rights,
1 Before paym ent o f any Inatalment.
18is 10% !
*23
2 6 ‘a
*%
%!
15% 10 s
15%
25%
’%
16
"2 1 %
•5.3
49%
TOO
'13
10%
155
70%
*43
•97
76%
120%
103%
3
THE
536
CHRONICLE.
[V ol . LXII
SRW VORK STOCK. C'COKl'JOR PRICES (OonMnnedl—lAMLOTYP® irOOK.-i.
M arch 2 0. |R a n g e <sa lts ) in 1896.
I saottvb Stocks
II Indloaces unllBted.
A sk.
B id .
Low est.
R a ilr o a d S to ck s.
175
Mar.
100 175
9 Jan .
100
9% n
2 4 Jan .
100
25
28
100
7 Feb.
B alt. A O. 8. \Y. p re f.. n e w .
131% Jan .
100
138
101
B o sto n A N. Y . A ir l i n e p r e l. 100 102
13
100
15
10 Jan .
20
13
100
100
55
70
70
Mar.
100
4 1 % Jan.
100
50
51
155 Jan .
50 t l6 0
5 % Jau .
8
100
7i®
100
45
53
4 % Jan .
6
100
5%
11 Hi Jan.
100
11
14
46 Jan.
50
45
53
100
13 Feb.
100
85 Jan .
100
100
2 7% 2 5 Jan.
8 Jan.
100
a%
7
2 Jan.
100
3
4
15
Mar.
13
16
100
100
%
10 7? 11=%
9 Jau.
100
1 Jan.
2
100
1%
50
162% Jan.
100
100
115% Jan .
100
1 00
70
60
1 tui
5
15
2% Jan.
100
21
®
3
5
3 Jan.
*.00
9
P eoria A E astern .
182 Feb.
180
100
44
39 Jam4
100
10
5 F eb .
100
10
16
__
_
_
* N o p rio e F r i d a y ; la te s t p rio e th is w eek .
6
Jan.
1414 Feb.
50
16
43
85
25
8
Feb.
Feb.
Feb.
Jan .
J an .
Jan.
314 Mar.
18
Feb.
12
Feb.
2 Hi Feb.
1 66% Feb.
1 20
Jan .
3 78 Feb.
5% Feb.
182 Feb.
4 6% F eb.
5 Feb.
....
M arch 20
I n a c t iv e s t o c k s .
H I n d ic a te s u n liste d .
H ighest.
175
Mar.
11% Feb.
2 9 % Feb.
7
Feb.
131% Jau.
....
....
15 Feb.
..
70
M ar.
53 Jan.
1 6 0 M ar.
8 Feb.
rtlw iioates aecuai sates.)
B id .
A sk,
R a nge (sa les) in 1 89 6 .
H igh est
L ow est.
m is c e lla n e o u s S to c k s .
A d a m s E x p r e s s ...............................100 148
146 J an . 150i® F eb.
42
A m erlea n B a n k N o te C o TT________
40
1 1 0 " J a n . 115
A m e rio a n E x p r e s s ........................ 100 J i l l
A m . S p irit M fk. Co. (w h en lssuedJH
P re fe r re d (w h en Issued) If.............
95
Feb.
91
J an .
91
A m er. T e le g ra p h A C a b le ..........100
233s M a r.
22i® 18i® F eb.
21
B a y S tate G as IT............................ 50
1® Feb.
1® F eb.
1
B ru n sw ick C o m p a n y ................... 100
961-4 F eb .
955® F e b .
C hic. Ju n o. B y . A S to ck Y a r d s .100
4 % J an .
2% Jan .
C olorad o C oal A I r o n D e v e l ... 100
3i®
3414 F eb.
23^8 Jan .
C o lo ra d o F u el A I r o n ..................100 ,'26%
94 100
98
F eb.
P r e f e r r e d ......................................100
9 4 7S F eb.
4 % M ar.
1% J an .
3
3i®
Colunyras A H o o k in g C o a l........100
C o m m ercia l C a b le .........................100 155
30
M ar.
3 0 M ar.
35
C on sol. C o a l o f M a ry la n d ..........100
30
D e tro it G a s ..................................... 50
8 9 J an .
99"
981® Mar.
E llison E leo. 111. o f N. Y .............100
98
E d iso n E leo. 111. o f B r o o k l y n ..1 0 0
62>® ja n ,
591* 61
60
M ar.
E rie T e legra p h A T e le p h o n e ..1 0 0
35
Feb.
35
Feb.
In te rio r C o n d u it A I n s ................100
2 9 7s M ar.
1 8 % Jan .
L a o le d e G a s ..............
..1 0 0 128
2»
84% M ar,
78 F eb .
P re fe r r e d .......................................100 ’, 82
M a rylan d C oal, p r e f ..................... 100
45
"o
d"
M ich ig a n -P en in su la r C ar C o .. .1 0 0
59% F eb .
60
F eb.
P r e fe r r e d ...... ................................100
53 Jan.
72
F eb .
M in n esota I r o n ...............................100
6 0 ‘s 7 0
2 0 i« J an .
16 F eb .
N a tion a l L in seed O il C o .............. 100 116
9
4 % J an .
6i® F eb.
5
N a tio n a l S tareh M fg . C o ............. 100
61®
Si®
71 ® M ar.
8 78 F eb.
N ew C e n tra l C o a l........................... 100
13 F eb .
13
14
8 J an .
O n ta rio S ilv e r M i n i n g .. ............. 100
2 M ar.
4 % J an .
12
O regon Im p r o v 't Co. tr. r e c t s .,1 0 0
P e n n sy lv a n ia C o a l....................... 50 3 30
2 Jan.
2>s
l 7s'M a r.
Q u ick silv e r M in in g ....................... 100
15
P r e fe r r e d .......................................100
7 "F e b .
5 Jan.
j'TeXas P a cific L a n d T r u s t .......... 100
24*8 F eb.
17 Jan .
U. S. C ord a ge, gu ar., tr. ce r tls .1 0 0 tl8 i®
38
Jan .
46
M ar.
42
46
U . 8. E x p r e s s .................................. 100
83 J an .
89
J an .
IT. 8. B u b b e r p r e fe r r e d ............... 100 584
97
Jan. 1 0 1
F eb.
197
W e lls. F a rg o E x p r e s s ................. 1 00 '
98'
T .
an
! A o tu a l sales.
NEW TORE STOCK EXCHANGE PRICES .— S T A T E B O N D S M A R C H 2 0
S E C U R IT IE S .
B id .
S E C U R IT IE S
A sk.
B id .
A la b a m a —C lass A , 4 t o 5 .........1906 107% 108% M issouri—F u n d , ..............1 8 9 4 -1 89 5
Class B , 5 s ......................... -.1 9 0 6 107%
N orth C arolin a— 6s, o l d ........... J & J
Class C, 4 s ................................. 1 00 6 100
F u n d in g a c t ...............................1 900
C u rren cy fu n d in g 4 s ..............1 920 100%
N ew b on d s, J & J ..........189 2 -1 89 8
A rkansas—6s, fu n d ,H o l. 1 8 9 9 -1 90 0
C hatham R R .....................................
d o . N o n -H o lfo rd
S p e cia l t a x , C lass I ........................
7 s. A rk a n sas C en tra l R R ____
C o n s o lid a te d 4 s ....................... 1910
L ou isia n a —7 s vc o n s ................_ .x 9 1 4
6 s ...................................................1919
8 tam p ed 4 s ........................................
S ou th C arolin a—4 % s, 2 0 -4 0 .. 1933
N ew o o n o ls . 4 s ...............* .....1 9 1 4
97% 9 8 %
3s, n o n - f u n d ............................ 1888
New York City Hank Statement for the week ending
March 14, 1896.
BANKS. ,
(00a omitted.)
W e omit two ciphers (00) in all cases.
Specie.
L eg a ls. D ep osits
Bank of N ew Y ork.. $2,000,0 $1,954,3,$13,050,0 $1,150,0 $1,890,0
Manhattan Co........ - 2,050,0 2,096,0; 13.998,0 1.308.0
2,288,0
8,228,8 1.076.1
932.5
Merchants’ ............... 2,000,0
1,514,3
7.900.0 1,003,0
Mechanics’ ................ 2,000,0 2.125.5
1.543.0
America..................... 1,600,0 2.339.6 15.059.4 1,066,6
2.846.7
4.003.0
Phenix..... ..........
1,000,0
211,0
346.7
775.0
City............................ 1,000,0 3.297.6 22.163.0 12,058,6
3.615.9
1.915.4
78,3
Tradesmen’ s .............
750,0
282,2
191.5
2.513.9
C hem ical..................
300,0 7.423.1 23.138.0 3.286.2
Merchants’ E xch’ ge
600,0
413.2
756,9
3,877,9
158.7
5.910.4
546.5
Gallatin N ational... 1,000,0 1.664.2
1.030.8
1.600.4
221.4
Butchers’ & Drovers’
300,0
183.6
175.4
2.401.0
327.6
302.0
170.0
Mechanics’ & Trad’ s
400,0
179.2
140,8
963,1
G reenw ich................
200,0
171.3
3.020.5
499.3
Leather Manufac’ rs
600,0
203.7
790.5
1.678.8
99,7
Seventh N a tion a l...
300,0
276.3
271.4
3.405,7
520.5
21,8
State of N e w Y ork .. 1,200,0
487.8
548.0
American Exchange 5,000,0 2,466,5 24.679.0
4.119.0
634.3
Commerce......... .
5,000,0 3.554.4 22.816.4
5.983.2
5.181.6
Broadway................
1,000,0 1.601.4
776.1
346.8
6.906.3
616.5
950.0
M ercantile................ 1,000,0
1.377.7
488.8
pacific........................
422,7
2.597.1
446.3
387.5
651.4 10,057,3 1,480,7
Bepnblio................... 1.500,0
1.905.8
5.836.4
638.1
984.8
Chatham....................
450,0
978.7
2.126.2
People’s ...............
200,0
221.6
259.3
259.5
503.5
5.231.3
561.6
North A m erica........
700,0
792.8
H anover.................... 1,000,0 1.922.3 12,353,6 2,915,5
5.168.1
2.854.0
339.7
I r v in g .. . . . . . - ..........
500,0
410.6
331.5
383.1
2.634.1
549.3
C itizen's....................
600,0
340.9
2.480.6
278.4
N assau......................
500,0
149.8
481,8
4.007.9
Market & F u lton .. .
750,0
337.6
811.7
830.1
2.960.6
65.0
Shoe < Leather....... 1,000,0
fc
400.7
426.5
7.679.9 1.393.4
Corn E xchange....... 1,000,0 1,145,6
573.0
5.750.5
Continental.............. 1,000,0
644.0
235.8
1.143.3
1, 868,0
408.6
Oriental .................
300,0
140.6
373.4
Im porters&Traders’ 1,500,0 5.547.9 19.200.0 3.665.0
1.592.0
Park........................... 2,000,0 3.171.2 23.739.0 3.185.5
5,439,6
1,142,(
116.2
135.7
East R iv e r...............
250,0
170.2
Fourth N ational_ | 3,200,0 2.006.9 17.051.1 1.721.2
_
2.753.4
8.164.0
474.9
Central National— l 2,000,0
344.0
1.822.0
300.0
5.129.0
630.0
Second National —
844.0
1.036,0
3.335.5
750.0
360.2
329.4
Ninth N ational.......
484.6
500.0 7.146.9 21.880.1
943.5 *3,844.6
First N ational........
235.2
7.883.3 1.415.3
Third National........ 1,000,0
799.4
1,610,2
300.0
73,7
152.7
N .Y .N at. Exchange!
228.5
250.0
2.827.0
571.7
466.0
Bowery..................... (
312.0
2.789.2
200.0
425.3
668.1
New York C ounty..
368.1
2.799.4
750.0
303.2
269.6
German A m erican..
434.4
500.0 1,339,8 13.954.3 1.060.0
Chase National.........
4.680.2
6.747.9
100.0 1.085.2
955.2
Fifth A venue....... .
1.004.6
2.691.3
200,0
285.0
625.6
German Exchange..
435.0
200,0
2.817.3
051.6
563.0
Germania..................
336.1
5.040.9 1,000,1
544.4
600,0
United States..........
583,9
6.041.5
300.0
591.1
Lincoln........... ...........
759.8
983.5
4.233.0
645.2
200.0
834,7
Garfield.....................
379.2
1,692.2
310.6
200,0
Filth National.........
209.6
387.3
4.492.0
300.0
870.2
805.5
Bank of the Metrop.
1.232.2
2.218.0
200.0
306.0
W est Side...........
208.0
400.0
500,0' —“ 50,9
5.452.0
602,0
Seaboard ................
1,099,0
1.805.0
200,0
Sixth National___
195.0
Q u o t ‘d 9.993.9
nm .
Western N ational.. I
330.3
2.291.6
5.122.0
860, o
486.0
First Nat. B r t iy ju a l r a t e s o f e x c i
2.081.0
36.9
Boutherr
t ..
J 2.081,0
Boutherr
517,7
N at.j’ d a y a s t e r lin g , 4 8 6 % @ 4 8 7,860,3
453.4
1.338.7
13.3
4 ‘29,1
r,v 8 ( 9 ^ 8 8 ^ .
3,201,9
505.4
182.1
466,520.9 60.845.1
83.056,1 489,809,5
85
90
61
6 1 i*
6
New York City, Boston and Philadelphia Banks:
BANKS.
C apital S u rp l’s\ L oa ns.
T e n n e sse e —68, o l d ..........1 89 2 -1 89 8
6 s, n e w b o n d s . . —.* 1 8 9 2 -8 -1 9 0 0
do
n e w s e rie s ..................1 914
C om p rom ise, 3-4-5 6 s ........ 1 912
3 s ............................................. ,. .1 9 1 3
R e d e m p tio n 4 s .........................190 7
do
4 * ss.....................1 913
P e n ite n tia r y 4 % s ....................1 91 3
V irgin ia fu n d e d d e b t. 2 -3 S ...1 9 9 1
6 b, d e fe rre d t% t r e o ft s . sta m p e d
103
122%
106
Ask.
B id
S E C U R IT IE S
A sk .
Capital <e
5
Surplus.
$
N. Y .*
Feb. 15.. 134.139.8
21.. 134.139.8
“ 29.. 134.139.8
Mar. 7.. 133.950.0
“ 14.. 133.950.0
B o s.*
Feb. 29.. 69.351.8
Alar. 7.. 09.351.8
“ 14.. 09.351.8
P hilo.* *
Feb. 29- 35.263.0
Mar. 7.. 35.263.0
“ 14.. 35.263.0
Loans.
Specie.
$
451,743,1
457.795.8
462.521.9
464.488.9
465.526.9
$
70,358,4
63.920,9
60.304.0
61.538.1
60.845.1
158.562.0
157.935.0
157.712.0
8.573.0
8.245.0
8.392.0
104.962.0
103.831.0
103.272.0
Legals. 'Deposits.+ Oirc’Vn.
$
493,032,9
489,732,6
489,612,2
488.884.4
489.809.5
$
13.206.4
13.380.4
13,619,6
13.983.8
14.234.8
555,730.3
524.826.8
627.360.6
002.358.9
518.950.6
5.285.0 131.851.0
5.187.0 131.028.0
5.381.0 130.098.0
9.402.0
9.583.0
9.731.0
87,676,1
87.961.0
79.286.0
101.290.0
99,701,0
100.018.0
0,385,0
6.378.0
6.443.0
84.394,5
68.578.0
55,450,8
$
89,718,7
87,139,3
86,521,2
83,917,5
83,056,1
28, 71.0
27, 70.0
27,? 82.0
$
* We omit two ciphers in all these flgures. + Including fo r Boston and P hi’ adelphia the item “ due to other banks.”
Miscellaneous and Unlisted Bonds
M isc ell an eou s Bonds
Boston U n. Gas tr .certs., o s .
Ch. Jun.& S. Y d s.—C ol.t.g.,5s
Col. C. & I. B evel, gu. 5s.......
Colorado Fuel—Gen. 6s..........
Col. & H ock. Coal & I .—0s, g.
Cons.Gas Co..Chio.—lstg n .o e
Consol. Coal oon v. 6s.............
Det. Gas con . 1st 5s.................
Edison Eleo. 111. C o.—1st 5a .
1st consol., gold, 5s...............
Do
o f B klyn., 1st 5s___
E q u lt G .-L ..N .Y ., cou s.g . 5s.
Equitable G. & F.—1st 0a. ..
Henderson Bridge—1st g. 09.
Illin ois Steel deb. 5s......... .....
Non-conv. deb 5a.................
jn t. Cond. & Ins. deb. 0s___
100 a.
*84*
95 b.
73%b.
10534b.
103
96
111
M i s c e l la n e o u s B o n d s .
Manhat. Beach H. & L. g. 4s.
Metropol. Tel. & TeL 1st 5 s..
Mich.-Penin. Car 1st 5s.......
Mutual U nion T eleg.—6s g . .
N. Y. & N. J Telep. gen. 5s..
N orthwestern Telegraph—7s.
People’ s Gas & C. 1 1st g . 6s.
Co., C h ic a g o .... > 2d g. 6s.
1st oons. g. 6 s.......................
Pleas. V alley Coal - 1 s t g. 6s.
Sunday Creek Coal 1st g 6s..
U. S. Leather—S. f. deb., g.,6s
W estern U nion Teleg. —/ •W heeLL.E.& PIit* Coal 1st 5s
U n lis t e d B o n d s .
Am. Spirit Mfg.,1st,w hen iss
Com stock Tunnel—Ino. 4 a ..
108
b.
10738b.
*112 b.
i05**b.
101 «8b.
ioo‘ *b.
110%b.
5 lab
Noth .—“ 5” indicates prioe b id ; ‘ a ” p n o e asked. * Latest price this w eek
Bank Stock List—Latest prices this week.
B A N K S.
A m e rica .......
Am. E x c h ...
B o w e ry * ....
B roadw ay.. .
B utchs’&Dr
C en tra l.......
C hase..........
Chatham—
Chemical . . .
C ity.........
Citizens’ .
Columbia
C om m erce...
11th W ard..
Fifth A ve...
Fifth*.......... .
F i r s t . ..-----First N., 8 . 1
14th Street.
Fourth. . . . r
Gallatin.—
Bid.
Ask.
300
170%
275
232 H 238
143 150
118%
450
290
4100
450
130
180 215
199 203
130
285
136 140
200
3050 3225
250 275
2850
100
170
180 190
290 . . . . . .
B AN K S.
Bid.
425
German A m . n o
German Ex.* 350
G erm ania.... 380
Greenwich .. 175
H anover....... 310
150
Im .& Trad’ s’ 535
137%
Leather M is’ 170
680
M anhattan.. 200
200
188
M’ohs’ & Trs’ 130
M ercantile .. 175
Merch vats’ .. 134
Meroh’ ts Ex. 110
M etrop olis.. 415
Mt. M o rris..
145”
N. A m s’dam 190
|New Y o r k ... 230
IN .Y. Co’ nfcy. 580
Ask.
(*Not listed.)
BANKS.
N Y . Nat. E x
N in th ..........
19th W ard..
N. A m erica.
Oriental —
P a cific.........
Bid.
110
115
125
125
190
195
315
175
270
545
People’ s ___ 235
108
176
Prod. E x.*.. 115
R epublic___
S eaboard . . . 167
400
100
193
140
Shoe& L e’ tb 95
185
S o u th e rn .. , 105
Stateol N.Y. 108
136
T h ir d ........... 105
425*' Tradesm ’n ’ s
Union Sq,*.. 190
130
190
Un’ d States 175
237% W estern ... 110
....... WAat, S id e.. 275
120
i.35*
274
110
120
153
485
96*'
140
112
106
190
iisT
xk E
March 21, 1890,]
BOSTON, P H IL A D E L P H IA
A c tiv e S t o c k s ,
1 Indicates unlisted.
CHROINKJLE.
AND
587
B ALTIM OR E STOCK E X C H A N G E S,
E 3 f S h a r e P r i c e * — m ot P e r C e n t u m P r i c e * .
Saturday,
Mar. 14.
Monday,
Mar. 16.
Tuesday,
-Mar. 17.
1 6 4 1 6 4 ~To% 15% *15% 16
State.T. A S. Fe}(JBMtom.lOO
Atlantic * Pac.
"
100
Baltimore .1- Ohio {S a lt.).100, *15% 16*4 *T 54 1 6 4 * 1 6 4 1 7 4
66%
'•UK. Citv Pass’gvs “
25; •05
174 174
B litlmore Traction “
25 •IT's 17*4 -1 7 4 - - I
174
17% 17%
IS
13
eaitim oreT rac’ nlTiPAS.). 25 *17
210 210
2 1 0 210
B o s to n * A lbany(So«ta»).100!'210 211
*205
. ...
.........206
■
100*205 206
Boston A Lowell
167 17o
.......170
T 67 170
100
Boston A Maine
1 2 4 •11
.... ’ ......... 11
100 , -11
Central o f Mass.
1......... 5 6 4
•referred
io o ;
76% 77:*
77% 7 7 4
100 ; 7 7 4 7 7 4
C » c . Bur. AQnln.
77
774
77% 7 7 4
Cato Mil. A St. P. (PAR,).IOO 77 4 7 7 4
7%
7%
74
74
Cteo O. A<J.vot.t.c- “
50
25% 2 5 4
25
25 4 26
Olt. 8t R y.of I mi* “
100
05
954
Fitchburg p ref,. f Soslan) .100
9 5 4 9 5 4 •95
35 4
33
35
35
354 354
Lehigh V a lle y - fP h iia .). 50
135 135
Maine Central (Boston). 100
105%
M etropol'n T rae.t r PAR). 100 105 105
0 4
11% 11%
1X 4 1 1 4
Mexican C e n fl f Boston). 100
1 1 4 114
*47
49
New England___
”
100
*30 .....
Preferred ...........
* loO U S ” '8 2
•
*69% 70
*09% 70
Northern G n 'r r •!:•>’ .). 50 • „ . „ . 70
2
24
24
34
Northern Paelflo (P hita.) 100
1%
24
12% 1 3 4
144 144
11% 124
Preferred
*
•
100
Old Colony. ...(B ru ton ) 100 1 7 0 4 1704 1TO-* 1764 1 7 0 4 1764
53% 54
53% 54
54
Pennsylvania ...fP h U a .). 50 51
5% St*,,
Phil. A Beading.'
"
50 51*.* 5J*i« 5 l * u 5 « i .
69 4 69 4
«
Phlladelpte Tram,
•
•
50 X « ? 4 69 ■
6 9 4 63%
7%
7%
7
7
Union P a ctfio ...fB#*to«M. 100
*74
7%
lia io a TrmttoB . IPM/a.). 50
15
15 4
154 154
15% 154
n i « e e l l * )t e o n i S tu ck * .
Atu.Bag'r B ed a .l t Bouton) . . . 1 1184114% 1 1 4 4 11 54 1 1 5 4 11 74
x 100 10 04 lOo I0i»4 100 1014
Preferred ..
203 203
202 202
Bell T elephone..
•
*
100 202 202
*
•
25
7i<
7M%
734 794
Best A Montana.
78 4 7 8 4
Butte A Boston .
*
*
25
*14
14
1%
1%
1%
1%
*
•
25 305 305 *305 308
305 305
Cato met A Heel*
68
Cue tot! C o ------ - (S a lt.). 100 *05
59
58
OoneolW atedSas
*• 100 5 3 4 5 3 4
•53% 59 4
20
Kec.SiOf. B a t'y f iPAUa.i.100
26
2 7 4 27 4
2 8 4 274
•is
27
Preferred f
• 100
•
23
274
80
60
60
Erie T elephone, f B m tm j. 100 00
004
604
374
;j « i 3 7 4
36
30% 37 4
Seswrai E leoW e.
*
• 100
•60
P referred.........
"
100 70
71
70
704
•184
184 19
iMtmoit mnreBer.
•
•
50
10
41
Letel'h CealA Sav. (P h ila .) SO 4 3 4 4 2 4
4 2 4 43 ; • if
•on
*90
90
K. E. Telephone f Hoston) .100 90
10 % 10%
Pa.Bent,& A Fowl PA(fa.) ,,. ..
10% 10%
104
69
03% 03% 69
63% 6s*
U-dt'dOa* tm p .f
“
50
50
x58
W eubacb U g h t 5
«
5 •oo
St
• 584 01
W«*t Knd L an d ..fB oston )..
2
*2 ■ 2 4
24
21
24
• Bid aodlasked prioea; no sale wat
iol4 LT
W e d n e sd a y ,
T h u rsd a y ,
Mar. 18.
Mar. 19,
15%
14%
15%
184
*65
174
174
210
2094
204
203
1694 '1 6 9 4
•11
"5T4; *54
77 ; 75%
77%
764
6
7%
* 2 ’.
26
95
95 4
35
344
164
15%
17
*1 7 4
174
'
2Oft"
169
•u
534
764
76%
7%
•21
95
35
17 4
174
105 105
114 114
• S o"
70
1%
124
176
51
5*is
69%
7
15
70
24
12 4
177
544
5%
00%
7
154
115% 117%
hh”
n
174
174
210
208
170
12
.....
76%
77
7
25
954
35
ioT
11
•So”
" T h " T ’»
124 124
17 84 1 7 6 4
54
544
54
5%
09
694
*04
6%
154 154
14%
*4
•164
*65
-1 7 4
174
*212
205
170
*11
•54
75%
76%
5%
•20
954
34 4
T 35
103%
•11
•45
•SO
•65%
14
114
176%
53%
5
69
•04
15
Sales
o f the
Week,
Shares.
Range o f sales In 1896.
Lowest.
154
7,837 12% .Tan.
%
4 Mar.
17
13 Mar.
664
05 Feb.
17%
‘ Too 16 Jan.
370 15% Jim.
17%
2124
40 204 Jan,
205
1 202 Jail.
170
49 162 Jan.
12
1 1 4 Jan.
56
"io o 5 3 4 Mar.
6,091 72 Jan.
764
70% 10,000 64 Jan.
1,900
5% Mar.
64
92 21 Mar.
24%;
95%
357 89 Jan.
710 3 4 4 Mur.
344
4 134 Jan.
137
560 94% Jan.
103.%
8% Jan.
1,000
114
49
45 Jan.
83
1 80 Jan.
70
32 07 4 Jan.
1% 17,514
1 4 Mar.
3,896 1 0 4 Jau,
11%
178%
70 1 7 5 4 Jan.
54
1,750 5 0 4 Jan.
5,623
1 4 Jan.
5*ie
830 62 Jan.
69%
432
3 Jan.
0%
15 j 3,678 10 Jan.
"iso
Highest.
17% Feb. 24
% Feb. 24
4 4 4 Jan. 27
70 Jan. 2
18% F eb. 10
18% Feb. 10
217 Jan. 28
206 Feb. 27
171 Feb. 19
1 2 4 Mar. 10
50 Feb. 2S
81% Feb. 10
79% Feb. 24
1 2 4 Jan. 2
30 Jan. 2
97 Feb, 10
3 8 4 Jan. 30
1 3 6 4 Jan. 3
1 0 8 4 Fob. 6
6 12 % Feb. 24
51 Jan. 28
85 Jan. 28
70 Feb. 14
5 Feb. 28
17% Mar, 9
178 Jan. 16
5 4 4 Feb. 26
Jan, 30
I k Feb. 21
8 4 Feb. 24
8 16 Mar. 5
115 115% 115 1 1 5 4 20.851 9 7 4 Jan. 7
100 % 1 0 0 %
1 0 0 4 101
230 93 Jan
7
203 203
195 197 Jan. 2
203 2 0 3 4
7 9 4 79
79% 79 ; 11,865 65 Jan. 7
1%
1%
1,095
1%
1%
1 4 Mar. 7
1%
1%
305 305
305 305
305 310
67 295 Jan. 3
*65
70
*05
«9
61
62 4
6 1 H 62
*U 4 64 >V 2.197 55% Jan. 20
28
20
28
284
27 4 27%
1.464 24 Jan, 7
20%;
2 8 4 284
210 25 Jan. 7
2 0 4 2 9 4 •29
60
00
59
59
SO
60
43
50 Mar. 20
35% 36%
35% 3 0 4 13,439 2 2 4 Jan. 6
36 4 374
70
70
•69
70
63% 70 ;
230 50 Jan. 8
105 18 Jan. 7
18 4
1 9 4 1 8 4 *1 9 4 19 i
IP
43
43
43
*42% 43
172 42 Jan. 10
•SO
•no
•90
91
1 87 4 Jan. 23
10
10%
10
10
10
1041 2.795
» Jan. 7
684
69
684
0 9 4 * 6 7 4 09
403 66 Mar. 2
5 8 4 58%!
217 10 Jan.
5 /* 4 5 9 4
9
2
•2
2 '4 ; * 2 4
24''
390
1% Jan. 23
made.
I Tram receip t*. $ 2 4 pd.
100% 101
202 204
78% 79
11*4
103
205
81
134
310
Feb.
Feb.
Feb.
Feb,
Jan.
Mar.
20
26
11
25
31
1
64% Mar.
3 3 4 Jan.
34 Jan.
63 Jan.
3 9 4 Mar.
71 Star.
19% Fob.
46 4 Feb.
90 Feb.
1 4 4 Jau,
8 1 4 Jau.
67 Feb.
2 4 Fob.
20
31
31
31
13
13
4
8
10
17
2
17
14
Ask.
Bid
Bid
Inactive Stock*.
Inactive d o ck *,
Bid. Ask.
Bond*
Prims • / Starr* 20.
>
Boabas C alfe-l tla*. 2d no. 5s-1 9 3 9
5 4 4 85
People’s T ree, trnstcerta. 4«.. 1943
92
924
A tlanta A Chariot** IBalio.tQO 9 5 4 !*84 B u rl.* Mo. R iver Bxe a p t 0s, JA J § i l «
1 1 6 4 Porktomen, 1st se r .,5 s .l9 1 6 , Q—J 1014;
Boston A Providence (BottoahlOO 265 268 | Xon-exetnpt 6*..........^918, JA J f l o e
k
(Boston!. 100
1
1066 4 Phil*. A Erie gen. M .5g.,1920, A * 0
..................
10
....... 118
C a m d en* Atlantic pf. (PA,to.). - - .........■......... ; Plain 4 s ........................... 1910. JAJ ) 97
*
- - 50
99
99
Can. m o r t ..4 g ..........1 9 2 0 , AAO 103
CatawtMA . . . . ,
OttCLS CTU
r.
*•
*.....................
"
SO;
14
2 4 Chic. B u rl.* S or. 1«: 5.1926. AflSM ,1 0 3 4 103
AAO , UW1
& Read, new 4 g 1958. JA
77%' 77%
rfjprr*«,i4
M
fW M0le
V 5 4
*»A m orf. A.- ................ 1918. JTATt h 97t ; 103% : PteUapref. Income, 5 g, „1959, Fob J
IOI& * D
o
On
1st p re fe rre d . . . . . . .
•
•
50
2d
6
96
1st
1
20
30
Central O h io ............. (BoM.5 50
35
* r
Debenture 6 »............. 1896, JAD
09
100
2d p r a t incom e, 5 g , 1958, Feb. 1
16
10
Chicago & West
. IOO 10 : 11
< t ,,
,*
, - 1- I922.F A A ; >s
95
3d pref. Income, 5 g , 1 9 5 8 ,Feb. 1
14%. 1 5 4
Oos'aecthntt * P as*..
•
*
100' HO H I
Iowa Division 4s.......1919, AAO | 07
99
2d, fi«.................. .........1933, AAO 1 2 1 4 .
Connect,;,- at R iver—
•
•
19u 240 -245 ; CtelS.AW.Mich. gen. 5s, 1921, JAD ’ 60
05 . Consol. inert. ? » .........1911, JAU 1 2 7 4 .........
O n iw i. Tra. t.of NJ.'HPAHa.l.lOO
22% 21 ( Consol, p f Vermont, ISs. 1 9 1 ^ JAJ i 39
83
Consol, mart. 6 1 .........l » l I , J A n 117
Delaware A fioand B r.
•
•
100 lO'i
Current River, 1st, 5S..1927. AAO f 70
75
Im provom entM .B g., 1897, AAO lor. 1054
F lin t * Per* Maro ..'B oston ).l o o
11
13
Del. L aos.A .Vor'n M. 7*. 1907. JAJ * 65
70
C on .M .,ft g.,stam ped,19 22,MAW 10 04 .......
Preferred ................
• IOO 38
•
42 ijE astert 1st mart 6 g. 1906,M A S ..
120
Terminal 5a, g . . . . . 1 9 U , Q.—P. 106 10 64
lleefonvIUe P a*»«u i. fP M a .1 . 50
4 7 4 48 . hrAs.Elk.AM .V ,1»»,0».1933. end. H2S 130
D ili. Wilm. * Halt., 48.1917, AAO 104 ! . . .
P referred *.................
50
#1
Unmampt-l, i n , 8s, 1933 ______ *127
129 1- Pitts, O. A 8t. L , 7 s ....1 9 0 0 . FA A .........'U 2
Want. * Broad T o p .,.
“
50
m ! K.<hC.A0j>ritig.,l*t,Sg.,1025>
. f. >
Rochester Railway, eon, 5* .. 1930, 1 0 2 4 1 0 3 4
AAO
«■'»
Preferred. .................
•
*
50
52
K G F .B .i M . oon .ds, 1920, MAW, »i>
9 9 4 ;8obayLR.E.M 4e,l«»t5 g.1935, J * 0 : 100
15
Kan. C*yFt9. * Metn.(Bo»ron).100
17
K.C. Kern. A B lr .,l«U to ,l»a 7 rMAB * 65 . 7 0
,
Union Terminal 1st 5a___ „ .F A A
Preferred....................
• 100 50 ' 60 i K.C. rn. J o. A C, B ., 7 s - 190?, JAJ *1214 123
•
Little Schuylkill........ IF A ih u, 50
0 14 U Rock A Ft 9,* 1st,7 s ..1905. JAJ ] 90
05
A t & a i f t s f f i s s i w 1907, JAJ
tUtto H ill * H.Havea
•
•
50. ,*u i 6 9 4 11/Jttls.,Ev.ASt-L.,l»t,eg,l026,AAO JlOO 105 ,Baltimore Belt, 1st, 59.1990, MAX 1 1 8 4 1 1 9 4
ffeK ioehoB is* V a t . . .
«
30, 5 1 4 5 5 4
lo .,M
.......... 1936. AAO i -5
87
Balt, C. Pass, 1st 5 s . . . .1911, M AS 115 115%
B on n American C o—
“
100
4%
5 4 Mar. ti. A Out., 0a— .1925, AAO U 0 « 4 UH iBftlhTractln:-. 1m 5 b . . 1))29 i . , 1 1 1 4 1 1 2 4
Worth Penn*ylfs«.i»..
"
so! SB - . . . . . M »r.*»n Central, 4 g ... 1 9 U , JAJ
70
71
Extern A ItnpL O s .... I '.ml. MAS VM 104
Oregon H.V.tr J.ie.. .. r Poston j. 100
34
4
1st o m »o l.in e o m »* .2 «, nfmsMiaj.
2 1 4 22 ; So. Balt. 1)1y., 5 s .......1912, JA D 108
10B4
Pennsylvania AJi, W. tPhU a.i. So 33
10
.......
2d soxmoI. incom es. 3s. mra-oam.
1 0 4 Baltimore A Ohio 4 e., 1935, A AO
99% 100
PhlladeJ. A E rie........
•
•
50
2 0 4 X. V. A X ,l>;.-,. 1-t. r-.r'O ft, .JA I- • l l »
120
Pitts. A Conn., 5 g. .. 1925, FAA
R u tlan d ............ ......rB o tU m j. 100 " T %
3 '
U t m art. 6* ............... 1 305, JAJ *112
113
Hasten Island, 2d, 5 g.1920, JA J
Preferred. ..................
”
100 69
71
Ogden. A l,.f , C on .6 s... 1920,AAO 5107 1 0 7 4 S aL A O hlo8 .W .,lit,4 4 g . 1990,JA J lb‘6 " i'0 0 4
Southern........ .............. fjlati.) .100
0 ! 94'
...1 9 2 0
ttec.Ba..
16
l'*tieF.AYa<1..8er.A.,6g.l9l6, JA D
73
Preferred....................
“
too
2 8 4 ' 29
Ru Maud, l » t ,0 « .......... 1902.MA.V i t o o ’ n o
; 8eri(« B . , 6 g ................ 1916, JA D
50
*
..... ........... _
_______________________________________________________ _ } 98 100 ; Series C., 0 g ................1016, JAD
07
074
3.1. 5 s .......................... 1898.FAA
114 4 3 4
'Cent, Ohio, 4 4 g........... . 1930, MAS
1024
s
S
S
S
f
J
S
- • u j &
m
m
w
™
Cent. Pass., 1st 5 s ___ 1932, MAN 1 i i 4 112
West Jersey ..
60
5 6 4 Atlantic City l.u 5s. c .. 1919, MAB
105
Pity A 8u b „ 1st 5a........ 1022, JAD 109 109 4
West Jersey A Allan.
•
•
SO , 1 , 20 ' B elvM sf* D e l,,X r t,6 « ..1 9 0 8 ,JA D U 2 4
15
sc
Chari. 1'ol.A A u g .ett.5 -. 1910. JAJ 105
106
Was tern N.Y. A P eas
•'
lo o
3 ; Buffalo Ry. c o o . 1st, 5 s ..........1931 10« 107
24
Idol A Creonv., 1st r>-0». 1.117, JAJ HO
Wisconsin C entral.—tB ostonj. 100,
3
3 4 - Cntawieea,
7*........ 1900, F A A HO
■0a.Car. A Nor. 1st 5 g „1 9 2 9 , JAJ
8ft
.85 4
P referred ....................
• to o .............. 20 ; C6»o. Okl.». A Ortlf, prior lien 0 s ,.; 1 0 9 4 ....... . •seorgia Pac., 1st 5^ h. . . 1922, J.feJ 113
•
lift
Wem’stS 'M b.A R och.
“
too- 112 11? * atlxe.na* 8C.Rr.pf lo.d.,oon.Ss.l»33! ___..1 * 0 4 North, Cent. 0 s „ ............. 1900, J *J
1094 110
M iacauAwaotfA
Columb. Ht, R y., l« t , con. f t . 1932: ........ 105
6s.....................................1904, JAJ U J
Alione* M ln'g. asatj‘»uMorton/. 251
h
1
colam b. O, Cross town, ls t 5 * .lt * ;« :
— 101
Sarles A, 5 s....... ........... 1920, JAJ 113
Atlanrio M ining.........
“
28; 19
20 ;
82 I 8 2 4
4 4 k — ............ ............ 192S, AAO i 10
Bay State Qa* 5 ............
*
*
so ; 10% 11
D el. A B'd Br'k, 1st, 7 s.l9 0 5 ,F A A ; 122
Piedtn-A Cam ., 1st, 5 g. 1911, PA A 1 0 1 4 101%
Seaton L and..........
•
<
u>'34
S satm iA W n ,. IstM .,fit. 1920, MAN 110 111 -pitta. A Connells. Is t 7 » . 1898, JAJ. 101% t<>2
A i V 1 a ) P n t (1 1 i t X £— T
A..
Vn A
r.i
- 1
1 , rr
. ,
.
« ,
CeatOiin.!»l M in in g ...
•
•
10: *15
•25
KStnlr. A W U m .,lst, 6s. 1910. J A J . 120
. Bootbern, U t S s ............. 1994. JAJ
90
904
Fort, Wayne E l e c t f •
•
2'.
1
2
Virginia Mid., 1st 6 s ...1 900, MAS
r r a c ilin M ining.......
•
*
25
1 4 4 15
Hunt, A B.r'4 T op,C on .5a.'95,AAO;' 1 0 7 4
2d Series, 6 s..................1011 MAS 113 i i £ 4
Frenctun a’s Bay L’ d .
<
•
5
.1914, D - J i l l
1
1 4 I^bigh War. 4 4 s —
.......
3<lB«ri«a, 0 s .............1 0 1 -., MAS
Illinois Btcel........ ..........
»
100
64
05 j 24 6s, gold...................1897, JA D lOf. % :.
' 06
4th Series, 3-4-5*.................1021, MAS ' 9 0 " ■ 924
Kearsarge Mining___
“
25
1 1 4 12
0«ncr%i m ort. 4 4 s. K. 1 9 2 4,,0-- F 1013 4 '. . . . . . 5th Bertas, 5 s......................... 1926,MAS9 4 1 0 0 4
......................... 4 0
0
9
O s « o t » M i n i n g ,., - «
25
27
28
Lehigh Val-Coal 1st 5s.g 1933JA J
99
West Va C .A P. U t , « g . 1911, JAJ 107 1 0 7 4
PallBtan PalAce Car
«
i o o 159 100
Lehigh Valley, le t-6 s ...1898, JAD 1 0 .. 4
. 6
W ert'!. 4 ,0 . Consol. 0 g .1914, JAJ 112*«
Pennsylvania S teel.. (P iilo .). 100 _____ 33 ;
WHm.Ool, A A ug., 0S..101O, JAD 1 1 4 4
Preferred f ;.......... .
«•
100
7(>
123 ,;
K m og u A in oiis.
Qniacy Mining.......... 2ft
12S l a o ! Newark Passenger, con. 5s.. .1930 103
Baltimore Water &S...1916, MAN 121 122
Tamarack Mining___
<
■
25 102 m 3
North Penn. 1st, 7#.— 1896, Ma n 103
Funding fts.— ...........1916, MAN
Water P o w e r ............
•
•
100
l
14
C «n. M .7 «....... ...........1 9 0 3 ,JA J 121
122
Exchange 3 4 « ............ 1930, JAJ io « % 106%
Westing!,. Rive, A M..
31
3 1 4 Pennsylvania gen ,0 « , r,. 191.0, Var 1314
50
Virginia (8tate) 3s, now . 1932, JAJ
724' 734
Pref., eonmlftrive.
52
50
54 ; Consol. 0s, 0
............1905. Var . . . . . 120
Funded debt, 2 -3 9 .....1 9 9 1 , JAJ
61% 6 1 4
Consol. 5s, r .................. 1919, Var 118
Chesapeake d m , 6 s ____1900, JAD 1 0 1 105
At.'
JAJ
76 4 70%
Coliat, T r. 4 4 g......... .1913, JAD; 107
Oonsol, Has, 6 s ... . . . . . . 1 9 1 0 , JAD 114 1 1 4 4
24% 2a ; Pa. A N. Y, C a n a l,7 s ... 1906,JA D 123
AAO
5s
,,1939, JA J 1 0 3 4 104
•otter, Hnired Das 1st. 5a............
$79
BO
Obn. 6»......................... 1939, AAO 112
lo m , a v .
EqnitaWa O a « .« s
........I— ~
Price inoiados overdne ooupon*.
V CnllsteiL
J And aoetued Interaat.
THE
538
CHRONICLE,
[VOL, LXII,
NEW YORK STOCK. EXCHANGE PRICES (Continued ) —A C T I V E B O N D S M A R C H 2 0 A N D F O R Y E A R 1896,
r a il r o a d an d
M is c e l l a n e o u s B o n d s .
Closing] R ange (sa les) in 1890.
InVst
P ric e
P eriod M ar. 20. L ow est. I H ighest.
R ail r o a d and
M iscellaneous B onds .
I n tf8t C losin ge R a n g e (sa les) in 1 8 9 6 „
P r i c ---------------------------------------.
P er io d I f a r. 20.; L ow est. I H igh est.
87 F eb.
M. K . A T e x a s .— 1st, 4s, g . 1 990 J A Di 8 5 %
M ar. 1 11% Jan.
8 0 Jan .
A iuer. C otton O il, d o b .,8 g .l 9 0 0 l
F
I0 9 % b . 109
7 1 % Feb.
6 3 % F eb .
2 d ,4s, g ................................1 99 0 F A A
57%
5 3 % Jau.
06 Jan .
A n n A rb o r.—1st. Is, g ........19951 Q —J
69%
9 7 Jan ,
A t. T o o .^ S.F — 1 0 0 .y r .,4 g .l9 8 9 J A J t 70% It 6 9 % Jan . 1 80% Fob. Mo. P a c.—1st, c o n ., 6 g ....... 1 9 2 0 M A N 9 0 s , 90% M ar.
3d, 7 s ....................................1906 M A N 108 b. 1108 J an . 112 Jan .
3 - l s , Cl. “ A ” l f t in s ta ll.p d .’ 8 9 'A A O I 2 1 %
119% Jan . 128% Feb.
72% Jan. , 81% Feb.
P ao. o f M o.— Isc, e x ., 4 g . l 9 3 8 F A A * 9 8 b 101
Feb. 1 0 2 % Jan ,
N ew gen. 4 s, w hen issued....... \
.............1 7 8 %
2 d e x t. 5 s ........................1938 J A J I ............
4 2 % Jan. | 51% Feb.
............
44%
A d ju stm en t 4s, w h en is s u e d .1
St. L. & I r .M t .l s t e x t ., 5S.1897 F A A 100% b. 100 F eb . 1 0 2 % J an .
C ol. M id lan d —C o n s .,4 g . 1940 F & A t 23% b. 12 0 Jan. i 27 Feb.
2 d , 7 g ................................1897 M A N 103
41% Feb.
100 Jan . 103 M ar.
A tl. A P a c.—G uar. 4 s .......19371............
4 0 b. 11% Fob.
9 9 b. 100% F eb . 1« 1 Jan .
C airo A rk. A Texas, 7 g .l8 9 7 J A D
9 7 % Feb. 102 Jan .
B ro o k ly n E lev. 1st, 6 g -----1924|A & O 1 00%
80 b. 7 8 % M ar.
31% M a r.
96
Feb. 1 00 % Jan
Gen. R ’ y A la n d g r .,5 g . 1 9 3 1 A A O
U nion E lo 'a t e d .—6 g ---- 1 93 7 M A N
98%
117 Jau . 119 F e b .
1927 J A D 118%
B ’ k lyu W h rr& W .H — ls t ,5 s ,g .’ 4 5 F A A 100% a. 9 7 Feb. 100% M ar. M ob ile A Ohio—N e w 6 g
66
G en eral m o rtg a g e , 4 s . .. 1 9 3 8 ,M A 9
68 % F eb .
6 2 % Jan .
106 J an. j109% F ob
C anada SoutUern.—1 st,5 8 ,1 9 0 8 J A J 108%
F eb. 1 27 % M ar.
2 d, 5a.................................... 1913 M A 8 .............. 104 Jan . 1106% Feb. Nash. Ch. A S t.L ;— 1st, 7 s .. 1 913 J A J 126 % b . 127
..................... .
C on sol., 5 g ..........................19 8 A A O 100 b. 100 Jan . 102 F e b .
C©nt.G a.8.& W . 1st c o n s ., 5 s l 9 2 9 .............* t0 5 a.
93 b i 9 2
95 J a n .
Jan.
109% Mar. 1 10 % M ar. NatT S tarch M fg.—1 st 6 s . . 1 920 M A N
C entral o f N. J .—C on s .,7 s,1 89 9 Q—J
110%
F eb.
C on sol., 7 a ..........................1 *0 2 M A N .............. 115% Feb. 119% M ar. N. Y . C entral—D e b te x t.4 s .l9 0 5 | M A N 102% b. 100% Jan. 103
112% Jan. 1 19 % Feb.
1118 Jan . 1 20% M a r.
1st, co u p o n , 7 s .................. 1903, J & J 120
G eu era l mortgage, 5 g ... 1987 J
J 117%
D e b e u , 5 s , c o u p ., 1 8 8 4 .. 1 904 M A S 106% b 1 05 % M ar. 1 09 F e b .
LeU.A N . B .,ob n .,7 s,as’ d . 1900; Q - M
V
104% 103 M ar. 106 Feb.
N. Y . A H arlem , 7s, r e g ,.1 9 0 0 M A N 114 b.
9 2 % M ar.
m ortga gees.1 9 12 | M & N
9 0 b. 9 2 % M ar
R .W . A O gd., c o n so ls, 5s. 1 922 A A O 1 18 b. 116% Jan . 1 19 % Feb.
A m . D o c k A Im p ., 5 s -----1921 J A J 114% a. 111% Jan . 1 14 % M a r.
104 Jan . 1 0 6 % Feb.
i 9 9 % Jan . j103% Feb.
W est Shore, gu ar., 4 s ___ 2 361 J A J 1 05 %
C en tra l P acific.— G old , 6 s .1 898 J A J 103
N. Y . Chio. A St. L .—4 g . ..1 9 <7 A A O 1 04 %
F eb .
102 Jan. 105
Ches. A O hio.—Ser. A , 6 g .-1 908 A & O 118 b.
N. Y . L a ck . A W .— 1st, 6 s ..l 9 2 1 !J A J 131 %b 129 Jail. 1 33 % F e b .
M ortg ag e, 6 g ..................... 1911 A A O 116% b.
C o n s tru ctio n , 5s...............1 923 F A A 112 b. 112% M ar. 1 1 2 % M a r.
l s t c o n s o l .,5 g,.................... 1939 M A N 107% b. 1 04% Jan! i ‘0 9 % F e b .’
F eb.
68% Jan . I 7 8 % Feb. N .Y .L .E .A W .—1 st,co n .,7 g . 1 9 2 0 |M A S 136 a. ;135 Jail. 140
G en eral 4 % s , g ..................1 99 2 M & S
73
7 2 a. t 6 6 % Jan . 175 F eb .
2 c o n so l., 6 g ...................... 1969! J A D
9 6 Feb.
K. A A. D iv ., 1st eon ., 4 g .1989, J & J
95% a, 91% Jan .
L o n g D o ck , c o n so l., 6 g -1935 A A O 131 %b.
“
2d c o n . , 4 g . . 1 98 9 J A J * 82 b. 82 Feb. I 85% Feb.
E liz. L e x . A B ig . S a n .,5 g . 1 90 2 M A 8j* 9 7 b. 98 Jan. 1 02 % Feb. N .Y . N. H . A H .—L ou. d eb . c t fs A A O 1 3 6 % a . 135 Jan . 137 F eb .
90
8 8 % Jan . 9 3 % F e b .
C h ic. B url. & Q.—C on. 7 s . l 9 o 3 J A J 117% b. 1 15% Jan. 118 Feb. N .Y . Ont, & W.—R o f. 4s, g , 19 9 2 |M A S
108 %b. 1 07 Jan . 1 1 0 F e b .
99 Feb. 101 F eb .
C on sol., 1st, 5 s, g ............. 1 939 J A D
D eb en tu re, 5 s ....................1 91 3 M A N
9 9%
9 7 %b. 9 7 % M ar. 100 Jan .
C o n v e rtib le 5 h.................. 19C3IM A S 100% a. 100 Jan. 104% Feb. iN .Y .S u s.A W . 1 st re f.,5 s , g .1 9 3 7 J & J
9 5 J an.
Jan. 116 M a r.
D e n v e r D iv ision 4 s .........1922 F A A
93% b.
9 5 Jan . i M id lan d o f N. J ., 6s. g . . . l 9 1 0 A A O 1 16 % b . 115
N e b ra sk a E x ten sion , 4 s.l927|M A N
91 b. 8 7 % Jan .
9 1 % Feb. N orf.A W.— 100-year, 5 s,g . 1 99 0 J A J" * 6 7 a. 6 0 J an.
67 F eb.
116 Jan. 118% Jan. No. P a cific—1st, co u p . 6 g . 1921 J A J 1 16 %
1 13 % Jan . 118
M ar.
* H an. & St. J os.—C ons.6s.1911 M A S 115 b.
G en era l, 2 d, c o u p ., 6 g . . 1 933 A A O 112
100 Jan . 1 1 4 % M ar.
Chic, A E. 111.—1st, s. f. 6s. 1907 J & D 115 b. 112 J an. 1 14 % Mar.
75
8 z % M ar.
123 Jan . 1 26 % Feb.
G en eral, 3 d, c o u p ., 6 g . . l 9 3 7 J A I>
6 4 Jan .
C onsol. 6 g ............................ 1934 A A O 127 a.
47%
C onsol, m o rtg a g e , 5 g . . . l 9 8 9 J A D
5 0 M a r.
9 9 Feb. 102 M ar.
3 1 % Jan .
G en era l co n so l., 1 st 5 s .. 1937; M A N 101 %
90
105% Jan . 112 Feb.
9 1 % M ar.
7 6 % Jan .
Col. t r u s t g o ld n o te s. 6 s. 1898 M A N
C h ica go A E r ie .- 1st, 5 g -.1 9 8 2 M < N 1 1 0 %
fe
i 20 b. It 2 0 Jan.
M ar.
Chic. A N. P a c ., 1st, 5 g ..l 9 4 0 A A O t 4 2 %b. 13 7
Jan . 14 6
28 Jan.
In co m e , 5 s ......................... 198 2 | Oct.
92 %a. 9 0 Jan .
Seat, L . S. A E ., ls t.,g u .6 .1 9 3 1 F A A t 38 b. 13 8
M ar. t 4 5 % F e b .
93% F eb .
Chic. Gas L A C.— 1st, 5 g .. 1937 J A J
Chic. M il.& St. P .—C on .7 s. 1905 J & J 128 b. 123 Jan. 128 Feb. N o. P ac. A M on t.—6 g .........1938 M A S 1 3 2 b. 12 6
Jan . 1 36% F e b .
J — J
1 9 3 8 ,- A - 105
1 00 Jan . 105 M ar.
1st, f-o u tliw estD iv ., 6 s . . 1 909 J A J 115 b. 115 Jan. 1 15 % M ar. Vo. P a cific Ter. C o—6 g
J 115% b. 112% Jan. 115% Feb. O hio A M iss.—C o n .a f., 7 S .18 9 8 J A J 103 %b. 103 Jan. 1 04 F eb .
1st, So. M inn. D iv ., 6 s . .1 9 1 0 J
9434 F eb.
J 1 13 %
110 Jan . 113% M ar. O hio S outhern—1st, 6 g . . . l 9 2 1 J A D * 93% b. 8 7 % Jan .
lst,C h .A P ao.W . D i v .5 s . .1 9 2 1 J
1 03% Jan . 1 08 % M ar.
Ji 108%
G en era l m o rtg a g e , 4 g . . l 9 2 1 M A N * 3 4 a. 2 5 Jan .
35
F eb .
Chic. A M o. R iv .D iv .,5 s .. 1 926 J
J l l l % b . 106% Jan. I l l
81%
Feb. O r e g o n I m p r .C o.— I s t 6 g . . l 9 1 0 J A D
W ise. & M inn., D iv , 5 g . . . l 9 2 l J
8 0 % M ar.
9 1 78 J an .
J j*113% b 108 Jan . 113 M ar.
C onsol., 5 g ........................ 1 939 A A O t 20
T erm in a l, 5 g ......................1 91 4 J
3 6 Jan .
1 2 0 M ar.
Gen. M ., 4 g ., s e r ie s A ___ 1989 J A Ji* 94% a. 93 Jan.
9 5 % M ar. Ore.K.iv N av. C o.— 1st, 6 g. 1909 J A J 111 a. 105
Jan. 111 M a r.
C onsol., 5 g ........................ 1 92 5 J A D t 9 6 %
Mil. A N or.—jg t,co n .,6 s . 1913 J A D 116 b. 115% Feb. 117 M ar.
F eb.
190 Jan . 198
Chic. A N. W.—C o n s o l.,7 s . 1 915 Q - F *139% b. 1 38% M ar. 141 Jan.
P enn. Co.—4 % g , c o u p ........1 921 J A J * l l l % a . 1 08 % J an . 112 F eb .
T " ■
b. 118 Feb. 119 M ar. P eo. D ec. A E v a n s v .— 6 g .1 9 2 0 J A J 101% b. 1 01 M ar. 1 01% F e b .
116 b. 112 Jan. 116 M ar.
E va n s. D iv isio n , 6 g ........1 92 0 M A S 101
M ar.
101
M ar. 101
110 b. 108 Jan. I l l
2 d m o rta g e , 5 g ................. 1926 M A N *126 b. 2 6 M ar.
M ar.
31
F eb .
110 b 1 07 % Jan . 1 11 % Mar. Phila. A R e a d .—G e n ., 4 g . . l 9 5 8 J A J t 7 7 %
1 71 % Jan . 1 79% Jan .
106% b. 103 Jan . 10634 M ar.
t 29%
l s t p f . i n c . , 5 g , l s t i n s t p d . ’ 5 8 ........
1 8 % Jan. 1 36% Jan.
E x te n sio n , 4 s .................... 1 92 6 F A A 100 b. 100 Jan. 101 Jan .
*120 ;
2 d p f .i n c .,5 g., l s t i n s t p d .’ 5 8 ........
5 % Jan . 1223s Jan .
t 15
C hic, R .I. A P a e.—6 s,co u p . 1917, J A J *L26 b. .2 6
3 d p f.in c ., 5 g., 1 st in s t p d .’ 5 8 ....... .
M ar. 126 M ar.
3 % Jan . 1 2 0 Jan .
E x te n s io n an d c o l., 5 s .. .1 9 3 4 J A J 103 %
70 1
i0 0
Jau. 1033 q F eb . P ittsb u rg A W estern —4 g . l 9 1 7 J A J
7 7 Jan .
65 M ar.
96 a. 92 Jan .
3 0 -y e a r deb en tu re, 5 s . .. 1 921 M A S
75
7 0 J an.
97% FeD. R io Gr. W estern — 1 st 4 g . . 1 939 J A J
77% F eb.
124 Jan . 1 26 % M ar. St. Jo. & Gr. Isla n d —6 g . .1 9 2 5 M A N 1 4 6 1
Chic. St. P. M. A O . - 6 s . . . 1 930 J & D 126
Jan.
4 0 F eb . 151
86 b 79
Jan .
C lev ela n d & C anton.—5 s . . 1 917 J A J
9 0 Jan . St. L. A S an F r.— 6 g , Cl. B .1 9 0 6 xM A N 1 1 6 ; 11134 Jan . 115
F eb.
6 g., Class C ........................1906 M A N *115 1 112 Jan . 1 1 5 % Feb.
C. C. C. A I . —C o n s o l.7 g .--.1 9 1 4 J & D *128 b 119 Jan . 1 27% Feb.
G en era l co n s o l., 6 g ......... 1 9 3 4 J & J *126 a.
G en eral m o rtg a g e , 6 g . . 1931 J A J 107% a. 1 01 % Jan . 107 M a r.
C .C .C .A S t.L .—P eo.A E .,4 s 1 94 0 A & O
79
C ons. g u ar. 4s, g ...............1 99 0 A A O
36
79 F eb .
8 0 J an .
36
M a r.
36 M a r.
19
In co m e , 4 s .......................... 1 99 0 A p ril.
7 4 b. 7 0 Jan .
19 M ar.
2 3 Jan . St. L . A So. W .— 1st, 4s, g .1 9 8 9 M A N
7 6 F eb .
C ol. C oal A I r o n —6 g ........... 1900 'F & A 100 a. 9 4 % Jan. 1 00 Jan.
2d, 4s, g., in c o m e ............. 1989 J A J
28 b. 2 4 % Jan .
32 F e b .
C ol. & 9tli A v e. gu. 58, g . , 19 9 3 [M & S l l l % b . 1 11 % M ar. 1 1 4 % Feb. S t.P .M .A M .—D a k .E x .,6 g .1 9 1 0 M A N 121 % a . 1 19% J an . 1 2 1 % M ar.
C o l.H .V a l.& T o l.—C on.,5g. 1931 M A S * 85 a. 83 Jan.
1 st co n s o l., 6 g .................. 1933 J A J 120 b 117 Jan . 121
9 0 Feb.
F eb.
89 a. 80 Jan.
G en eral, 6 g . . . ................... 1 90 4 J A D
“
re d u c e d to 4 % g . . J A J *105% b. 1 01% Jan . 1 0 5 % M ar.
89
M ar.
D e n v . A R io G r .—1st, 7 s ,g .l9 0 0 jM A N 113 b. 1 10 % Jan . 113 F eb.
M on ta n a e x te n s io n , 4 g .1 9 3 7 J A D t 81 b. 8 7 Jan .
89
F eb.
88%
83 Jan.
1st c o n so l., 4 g .................. 1 936 J A J
55 b. 5 1 % Jan .
90^2 Feb. S an .A n t.A A . P .— ls t ,4 g .,g u .’ 4 3 J A J
59 F eb .
97% b. 95 Jan .
D u l. So. 8h. A A tl.—5 g -----1937] J & J
9 4%
98 F eb . So. Car. A G a.—1st, 5 g . . . l 9 1 9 M A N
9 5 M a r.
93 J an .
E rie—4, g, p rio r b o n d s ___ 1 996 J A J * 94 a. 93
F eb.
9 5%
So. P a cific, A riz .—6 g . .. 1 909 10 J A J
95^3 F eb .
97 Feb
94 F eb.
'
65%
64 M a r. 6 6 3q M ar. So. P a cific, C al.—6 g ... 190 5-12 A A O 110%
G en eral, 3-4, g .................1996 J A J
F eb.
1 08 % Jan . 111
F t. W . A D e n v . C ity.—6 g .. 1921 J A D' t 67 b. 64 Jan . f 7 0 % F eb .
1st co n so l., g o ld , 5 g . ___ 1937|A A O
9 0 b. 9 0 % M ar.
9 2 % J am
92%
G a l.H .A S a n .A n -M .A P .D .ls t,5 g M A N
9 1 % Jan .
93 Jan . So. P a cific, N. M .—6 g ........ 1 9 1 1 J A J 105%
F eb .
1 0 1 % J an . 106
G cd . E le c tr ic ,d e b . 5 s |g_____
_______________________ , . . . 1922 , J A D , 90%
9 3 % F eb. Southern— 1st c o n s, g , 5 s . l 9 9 l 'J A J
85 Jan .
90
9 3 % F eb .
8 7 % Jan .
H ous. A T . C ent. gen . 4 s, g .1 9 2 1 A A O
6 9 b. 69 J an.
E . T enn . r e o r g lien 4 -5 s .1 938 M A 3
7 0 % M ar.
91
Jan .
9 3% F e b .
-* * o is C entral.—4 s ,g .......1 953 M Ac N j*101 b. 9 9 J an. 102 F eb .
- *
------Illin * ~
E T .Y . A G .— 1 s t ,7 g . . . . 1 900 J A J 108 % b . 1 0 7 Jan . 1 0 9 % F eb .
W estern Lines, 1st, 4s, g . 1951 |F A A 102 b. 102 F eb . 1 03 % Jan.
C od . 5 ff............................1 956 M A N 108
105
Jan . 109 F e b
I n t.A G re a tN o r.— I e t ,6 s ,g .l9 1 9 M A N 117% b. 115 Jan. 118 F eb . I G e o rg ia Pao. 1 s t 5-6s, g . , 1 922 J A J 113
Jan .
110 Jan . 114
7 0 b. 7 0 Jan .
2d, 4 -5 s ..................... ...1 ..1 9 0 9 M A S '
7 7 % Feb.
K n o x v . A O hio 1st 6 s , g ..1 925 J A J 114
113
F eb. 1 15 % M ar.
94%
90% Jan .
I o w a C entral.— 1st, 5 g ---- 1 938 J A D
9 4 % F eb . I R ich . A D a n v . co n . 6s, g . .l 9 1 5 lJ A J 117% b. 115
Jan .
Jan . 118
69 %a. 7 0 Jan .
K in g s Co. E le v .—1st, 5 g .-1 9 2 5 J A J
71 Jan.
W e s t .N o .C a r ls t c o n .6 s ,g l9 1 4 J A J l l l % b . 1 1 2 % F eb . 113
J an .
95
L a cled e Gas.— 1st, 5s, g . ..19191 Q—F
93 Jan.
9 6 Jan. T enn. C. I. A R y —T en. D .ls t , 6 g A A O
8 8 b. 89 Jan .
93
F eb.
L a k e E rie A W est.—5 g . . . . 1 9 3 7 'J A J 116
113 Jan. 116 M ar. | B irm in gh a m D iv ., 6 g . . . 1 91 7 J A J
9 2 b. 89
95
F eb
Jan .
L. Shore. -C o n ,c p ., 1st, 7 s . 1 9oO J A J, 113 b. 112 Jan. 115 Jan. T e x a s A P a cific—1st, 5 g ..2 0 0 0 J A D
8 9%
9 0 M a r.
81 J an .
C onsol, co u p ., 2 d, 7 s ....... 1 903 J A D 119% b. 118 Jan. 120% M ar.
2 d, in co m e , 5 g .................2 00 0 M arch
22%
243s F e b .
18
Jan .
L e x . A v . A P a v . F. gu. 5 s ,g .l9 9 3 M A S 111%
I ll
Jan . 114 Feb. T o le d o & O h io C ent.—5 g . . 1 93 5 J A J 106 b. 1 0 5 % Jan . 109
F eb .
L o n g I s l a n d .- 1st co n ., 5 g .1 9 3 1 1 Q—J ; 119% b. 1 17% Jan . 120 Feb. ToL St. L. A K a n . C.—6 g . . . l 9 1 b 'J A D f 75
77 F eb.
t7 1
Jan .
G en era l m o r t g a g e ,4 g ...1 9 3 8 J A D
9 5 b. 93 M ar. -98 Jan. U n ion P a cific—6 g ................1898 J A J 10334b. 1 02% Jan . 1 0 5 % Jan .
L ou is. A N ash.—C ons. 7 s . .1 8 9 8 A A O 107% b. 105% Jan. 108 M ar. 1 E x t . sin k in g fu n d , 8 ........ 1 899 M A S
9 2 b. 9 0
9 7 % F eb .
Jan .
N .O . A M ob ile, 1st, 6 g . .. 1930 J A J 115
b. 118 Jan. 119 Feb.
C ollateral tru st, 4 % — .1 9 1 8 M A N t 5L% b. 1 5 0
F eb. 1 5 4 % F e b .
“
2 d, 6 g . . . 1 030 J A J 100
b. 9 7 Jan . 100 Feb. I G o ld 6s, co l. tru s t notes. 1 8 9 4 F A A
94%
97
J an .
9 3 % Jan .
G en era l, 6 g .........................1930 J A D 115
b. 114 Jail. 114 Jan.
K a n . P a c .-D e n .D iv ., 6 g .l8 9 9 | M A N 109 a. 106 Jan . 1 09
F eb .
U nified, 4 g ..........................19401J A J
“7 9
7 1 % Jau.
•80% Feb.
1st co n s o l., 6 g ............... 1 919 M A N t 7 3 a. 17 0 J an . j 7 7 % F e b .
L ouis,N . A. A C li.— 1st, 6s. 1 910 J A J 113
111% Jan. 113 Feb.
O regon S hort L in e—6 g .1 9 2 2 F A A 1 11%
ilO O J an . 1 1 3 % M a r.
C onsol.,, 6 g ........................1916 A A O 101
9 9 % Jan. 103 Fob.
O r.S .L .A U t’ hN.—C o n .,5 g l9 1 9 A A O t 6 6 b.| 151
Jan . 170
F eb .
M anhattan con sol. 4 s ........1 90 0 A A O
97
Feb.
99% Mar.
U .P .D e n .A G u lf,c o n .,5 g .l9 3 9 J A D
37% bJ 3 1 % J an .
40 F eb.
M etro. E le v a ted .—1st, 6 g . 1 908 J A J 118 b. 116% Jan . 1 18 % M ar. I U. S. C ord.— 1st c o l., 6 g . . . 1 92 4 J A J t 2 8 b 129 % M ar. 1 36% F eb .
2 d, 6 s .................................... 1 899 M A N 107%
106 Jan . 1 07% Feb. V irgin ia M id.— G en .M ., 5 s .1 936 M A N 102 % b . 9 7
M ar.
Jan . 10 3
M ich. C ent.— 1 s t ,eon s., 7 8 .1 9 0 2 M A N 118
117% Jan . 119 Jan . i W abash—1st, 5 g .................1 939 M A N 107
1 02 % Jan . '1 0 7 % M ar.
C on sol., 5 s ..........................1902 M A N .............. 1 0 6 % M ar 106% M ar. | 2d m o rtg a g e , o g ............... 1 93 9 F A A
7 4% b . 6 9
J an. ; 7 7 % F eb .
M il. L a k e 8 h . & W .—1 st,6g.l921|M A N 130% b. 1 29 % Jan. 1 31 % M ar. | W est N. Y. A P a .—1st, 5 g .1 9 3 7 , J A J 105 % b . 1 05 % Jan . 1 0 7 % Jan .
E x te n . A Im p ., 5 g ........... 1929 F A A *113 b. I l l
Feb. 113 Jan.
G en. 2-3-4s, g o l d ............. 1 94 3 A
A O
4 6 b. 4 4 J an. i 4 9 % F e b j
M inn .A St.L .—l s t c o u .5 8 ,g .l9 3 l ;M A JS 101%
96% Jan. 1 01 % F eb . ! W est.U n.T el.—C ol. tr. 5 s .. 1938 J A J 106 b. 105
F eb. 107
Feb |
AE
iBt 08 g .,g u .-1 9 4 2 'A
9 4 F eb.
M o .K .A E .— 1st 5 8,,g., g U ..l 9 4 2 'A A U
O
9 2 % 1 8 6 Jan .
i
Jan.
Feb. W ise. C ent. Co. 1st 5 g ....... 1 9 3 7 'J
A J
4 4 a. 1 37% Jan . It 4 6
F e b .'5
N o t e . “ b " in d ica tes p r ic e b id ; “ a ” p r ic e a sk ed ; th e ra n g e is m ade up fr o m aotu al sales o n ly .
* L a test p r ic e this w eek.
1 T ru st r e c e ip ts,
\’ n imr xrrvn rr
ir V V n i r i v n n
n n tn n ^
,
NEW YORK STOCK EXCHANGE PRICES—(Continued).— IZTAQTIVE B O N D S -M A R C H 20.
S E C U R IT IE S .
B id.
Ask.
R ailroad llonds.
(S tock E xcha nge P ric es.)
A la b a m a M id.—1 s t ,g., g u a r .. 1928;
A . T . A S. F .—2 d , 4s, C lass B .1 9 8 9
C h ica go A St. L ou .— 1st, 6 3 .1 9 1 5
1 C ol. M id 1st. g . 6 s ...............1936
A tl. A P a c .—2 d w . D., gu. 6 s. 1907
W estern D iv ision in c o m e .. 1910;
U a it.A O h io - 1st. 6s, P ark B .1 9 I9 I 105
3
,115
S E C U R IT IE S .
B id.
B alt. A O h io—5s, g o ld ............. 1925! *84
1 C ons, m ort., g o ld . 5 s ........... . 1988 *90
W. Vi*. A P itts.—I t t , g., 5s. 1 990
B. A O. 8. W ., 1st, g., 4 % s ... 1 990
M on on. R iv er, 1st, g ., g. 5s. 1919
C ent’l Ohio R e o r.—ls t ,4 % s 1 93 0 *
.100
A k .& C h .J u n c.—ls t ,g ,5 s ,g u 1 93 0
!; ‘ 7 0
B rook ly n E leva ted —2d, 5 s .. 1915
Seaside A B .B .— ls t,g ,5 s ,g u .1 9 4 2 r
-I 81
B ru n sw ick A W ’ n —1st, g., 4s .19381
S E C U R IT IE S .
B id .
______ A
R o cli. & P itts .—G en. 5 s..1937 ..........
R o ch . & P ., 1st, 6 s................. 1921 124
1 R o cli. & P itts .—C o c s .ls t ,6 s .l9 2 2 1 1 7 %
Buft'. & S usqueh.—1st. 5s, g .,1 9 1 3 *95
B url. C ed ar R a p id s & N or.1st. 5 s .................................
m o fi
C ousol. & co lla t. t r u s t , 5 s . . 1 9 3 4
M inn . & St. L .— 1 s t , 7 s, g u . , 1 9 2 7
; i Ced. R ap . I. F . & N., 1 s t , 6 S .1 9 2 0 * 1 0 3
i
1st, 5 s ...................................... 1 9 2 1 * 9 0
A sk .
107
102% .
..........
AIa bc h *21, 1890.]
K E 1* S 0 H R
THE CHRONICLE
589
S T O C I B X C H i J i S E V I l l U M . — I N A C T I V E B O N L !S — ir C c n tin n e d J — M A R C l f 1*0
SECURITIES,
Cent, o f S, J,—Oonr, deb., 68.1908:
Lent Pacific—Gold bauds, 6s.lS 96
Gold bond*, 6 s ...................... 1897
Ban JoaqaiB B r.,6 3 ......... ...1 9 0 0
Mort. w ill 5 a ........................1939
Land grant, 5*. g ................1 9 0 0
C’a.. A O. D ir., e x t., g. 5 s ..,1 9 1 b
Bid,
Ask.
SECURITIES,
Bid.
: : : : : : i o o " p*i*pf c l *ti,c » « , w w . 5 s . . i 9 3 9 ' s i
Pt. Huron
v .-ls
.................. . fta . Oen A P eD i—ls t t . 5s ....1 9 3 S
m
g. 5 s ....1918
ld l
102
1st con. g „ 5s .........................1943 *32
102
....... . Ft. Worth. A R. Q.—le t g „ 5S..1928
107
....... Gal, B ar. A Ban A nt.—1st, 63.1910
90 ....... .
24 tnort., 7 s ............................1905
......... J......... Ga. Car A N or.—1st, gu. 5stg .l9 2 9 100
Ran
fri.i .
103 . . . . . . Grand Rap A £n,i —n . . *1° in n *
1004
Ask.
8E 0D R IT IE 8.
N orfolk A Soutb’n—1st, 5 s,g .l9 4 1
92% N orfo lk * W est—General, 6 a .1931
N ew R iver 1st 6a..................1932
Im p. A E xt,, 6s.......................1934
61
A dm stm entM ., 7s ................ 1921
Bid.
Ask.
105
iio T
» 4
t ’ i l r 5 ; : : : : : ; ; ; : ; : i 1|5 f
5
°
3Td. A Wash. D iv .-lst,jr.5 s,1 9 4 1 ‘ 67
68%
Roanoke.uSo.—1st, gu. 5s, g.1922
S cioto Val. A N. E.—1st,4a,.1990
86
X S ttS M B h g K W ,
::::::
«
Obtp A Miss—Consol. 7 s .........1898 103% 1 04 %
2d consol, 7 s ...................... 1911
< » « . I o ^ fe ;M 7 iK d ;« :i| | | x m % i < %
h
lit
Spring.Dlv.—1st 7s............... 1905 104% 106%
Craig V alley—1st. g., 5s— 1940
Hous. A T . C.—Waco A N. 7s.. 1903 125 I . ...
General 5s..............................1 9 3 2
„ Warn, Sgr. Vai., la t, g. 5 s ..1941
tot g,, 5a (tat. g td i................ 1937 .........IU 0
Ohio R iver R R ,—1st, 5s.......... 1936 101
O m s . O. A 80.West.—la t 6e, g-1611 . . . . . .
: Cons. * ,e » ( in fc g t d )............1912 100% n o
Gen. g,,5 s ............................... 1937 ‘ 85
*d , 6 s ...................... . . . . . . ..1911 .........
! O j je o t . 6s, prill. A tia. gtd.1897 90 100
Omaha a st. Louis.—1st, 4 s ..1937
50
O b .V .—
Gen.eoo. 1st,ra.g.5s.1938 .......
81
Oregon A C a itto r .-ls t, 3s, g.1927
82
O a lo a g o * A lt o n -8 . F .,6 s .. .1903 116**
■ 1st. gold, a% s ........................a R 100
I s a a 3 e M J S f t 1951
....... , gt*<?* § 7 * N1 v.- C o l. tr. it..5s.1919
1
Louis. A Mo, E lver—1st, 73.1900 107
101
. . . . . Penn-P.C’.C A8t.I-.Ciug. t%- \ MHO 1 10% 1 11 %
. 3d, 7s....................................1900 100
d 4 8 ..
- st. u iicV;:*cbu':-2('i','7s'il9- loss
.........." ' i 1 9S 2 - ........ 104
a 5
, ,to
Series JJ......... 1 10%
P .C .A 8.L .-lst.e..7 s................ 1900
Springs, Dig.—Ooup.,*6i!” *1898 102 105
M isa S , Bridge—1st,a. L,e«!j.S 12 ....... ;..........
Pitta. Ft, W . A 6 .—1st, 7 a ...1912
Cals. Bari. A Nor.—1st. i s . . . . 1926 1 0 5 % ........
Middle D lv —Beg., 5*......... 1921 108
2d, 7a ................................... i9 i 2
D eben tu res*..........................1896 ......... ...........
C St. L . A N . a - T e r i . V f s a s l T
3d. 7 « . . . ................................1912
-Ohio. Butting. A Q,—3s, s, I..1 9 0 1 104% 100
1st, consol., 7s.................... 1897
Ch.St.L.*P,—1st,con.S s.e... 1932 117
t o e a Die.—Sink, fon d, 5 s ..1919 ........ ;
=
S o ld , 5s, c o u p o n ........ ....1 9 5 1
Ciev. A P.—C ons.,s. fd „ 7 s .1900 117
Sinking fu n d ,4 » .. . . . . . .
1919 ....... . to o
Momr; Dlv., l « g . 4a....... 1951
........................... 19211
gg . 3,.%
P lain,**
Gen. 4%a
« A . .... ...1 9 4 2
CJnl, BWls A Minn. -1st, 7 s..1907
90 ; at. p V. * T . H . - l s t , 6 » „ 78.1897 101
Ofcleago A Iowa Dlv.—5 » ..,1 9 0 5 ........ 107% Ind. 11. A 8j>r.—1st 7a. 1906, trust
;
24, 7a...... ..........................1898
<ia;o. A Indiana Coal—1st S *.10361 96 100
26
30
CW. MIL * 8t,P ,-lst,S s.P ,D .18«JS 100% 107
08% 102
* 4 ,7 3 10s, P. D .................. ..1 6 9 8 121 127
84
Peo. A E -U ! L B . A W .-lst,p f .78.1900
l * t , 7 « , * g , , R . D ..........
1902; 125 127%
1st, I, A M ., , « .................. ...,1 8 9 7 125 126
Ohio I n d .A W .-ls t p r c f.5 A .1938
. W T '
’ .'.'l921
Peart* A Bek. Union—1st, 6s .1921 111
1st, I. A D . , 7 * ......................... 1899 125 127 Tnt. »A G. N^oB- .,U.W s g'.'.’ .A. 1929 w
P fr * O o".-*r J l-*4 *w 5,s.,gu. .i9a 9
* .V P -E
30
1stn
a m
7,
10 m .
.s..gtt.A
65 : 2d m ortg., 4% s.......................1921
70
1 « , I A D l i t a n M o n ^ ; " 'l » u * 10 7............. IA t - E m A V e*t.-2<l g., 5s. 1911 t n , , 104% Pills. Cleve- A To!,—1st, 6a...1922
I
1st U t i t o
A
1M
£ L ' ........ , !L ,‘ i,.'a Dblo—1s l. gu g .5s. 1943
u
a L
d K .5 a *
1» t , U .I p . , 7 « ....................f1910 10w^ .......... L. 8. A M -8 o u .-B .A E .—New 7 . . ’*98 } 0 t % ......... Pitt*, Mo. .E r.-2Y.—1st ,*lsA ” .19:- I.T 1 *
5.V ,S *........... ? ! 5 ........
*
.8 a
.A E .-N e w
98 ...,
K. A
t ..._ U K
?9T‘4 ....... Pm*.
l
p e t, M. A T .—1st, 7*............1906 ‘ UK
.Pitts. PttiasY. A F.—1st, 5 s ... 1916 *80
pake S tore—Div.'bond'aVfa! 1899 110
Pitta. 8hen. A L .K .-l« t,g .,& s . 1940
» l e a g o A Pacific D ir., 6 s ..1910 115% 118 "
90
K a i .A U .A O . R ~ l8 t K O .5 s .1 9 3 3
lateon soi. 5 s................
1913
Mineral Point D iv .5 ».......... 1910
....... 107
110
r X S S S rX Q ?* * R B - l e t , 5s. 1934 m *
O. A L. Sup. Dlv 5*....... " t m i i M
Pitta A West,—M. 5 s ,g . 1891-1941
6*0*‘
no
p n K b V .N .l. - l s t gu.g.4% *.l940
103 R l t t a l V s fn .l-A .-1 st, 5 b, ooo.1927
Vargo A 8 o u t 3 „ 6 » 1 A n sa ...1924' 110
{
112% Rlo Urande 8 o .- t a i . g „ 5 , . . d u o
Inn. co o v . sink, fund, 5 s ....1 9 1 6 ......... ........ 1 f * f 1 # V /o r m - l .t g u . 5a,g. 1941
;9t» Jo*. A Or Is.—2d t o o ......1 9 2 5
D a /to tA * (it. S o u t h .,5 s ,... 1916 * ....
Kan. (X A O im ih a -l u, 5 s .,1927
MB. A Nor, main line—6 s ... 1910: 115
25
a t h. A. A r. 11,—Term. 5 s ,.1 9 1 1
103%
I Bullov. A 80. 111.—1st, 8 *...1 8 9 6
*90* 91% i Bolbjv. A Oar,—1st, 6s.......... 1923
• Be*t M. A M ln n ,-l« t ,7 « ....li>s0 7a
m
a
s s a
s :—
i
1932
Hold I s ............
fow a M id la n d —lat, 8 s ......1 9 0 0 ; l i e
C hlStXs& Pad.—lat,gd.g,5» 1917
104%
N. Y .A K way B . - l » t . g . 5 a .l9 2 7
Ht. U.uls 80.—l»t, Kil. g. 4« 1931
g rlo. £ Milwaukee—1st, 7 s .1896: 104
2d m ortg., sue..................... 1927 35
42%
do
2d Incom e,5a. 1931
Win. A St. P . - 2 d , 7 s . . . ........1907 *........ t30
N.
Y.AMan. Beach.—la t 7», 1887
Car, A B haw t.—1st g. 4s___ 1932
•Jp. A M ad.-1 .1 . 6 *.............1905: 111
US
g .l.B .A M .B .—1st con. i* ,g . 1035
O f - 0 . P. A St. P.—1st, 5s. 1909
8t. L. A 8. V.—2d 6 s,g,, ol. A . 1906 *114
BrookPnAMoatauk—lat,6«. 1811
Northern 11i.—lat, 5s..’ ........ 1910
General 5s................................1031
96%
05
1st, 5 a ...................................j y u
1st, trust, gold 5s........ .
1987 *80
MU.l*. S A W <.5on,,!eb...5s. 1907
No, Shore Br.-Ut»«on.5a.«.193*2
SCi'
in v l o , .> .............. 1924
Ka o . City A 8 1st, 6a, g , . . l 916
pMtiAt.vana.AHt. 1. -C ,m .5 . 1;»39
Ashland Division—1st, 6* 1894
£ t « .A V .B . B g.-1 s t . 8 * ...1910
li«fcA J r * th ,-O o < J lE B r . 7 a .l9 0 7 103%
Ch.H, f-A P -D .M . AS'.D.tsi 4s. 1905
Kansas M id lttu d -U t, 4s, g.1937
85
E. 11. A Nash,—let 6s, g ....l 0 1 0
117
1st, 3% *..
...1 9 0 5
81, Patti City Ry, c o n . 5 « ,g .;. 1937
96
Peusacoi* DivM lon.tis.........1920 io5
Extension, 4s..................... 1905
Gold 5s, g u a r ......................1 9 3 7 I f
8 4 Isjul* Division, lat, 6 s ,..1921
i*ii% 8t» Paul A Duluth—1st, 5 s ....1981
K « k u » A Dee M ,- l * t ,5 * „ 1923
107%
<3hte,«t. P. A M I jjo.—1st,6 s ..,191s;
3d mortgage 5»..............
1917 i W
104%
jpMb V.*A D r'catu r-iV C T s!! 1a lo 108%
8 t - P s m A » . C , - l s t , t f e ... '" l 9 1 9 i s o " ‘ ” 11!
81 Paul M uio A M.—1st, 7 # ..1909
O. f ,6 s .- « . A -V. A a..............1010
C W e A * . l a d .— 1st, *. f .. 6 s I9t:< ____ ; . . ..
24 m o re ,6 s ..............................1909 118%
50 j ear 5s, g ........................ 1937 *9*8* 100*
i»ao*rm! asartwaare. 6 » . . . ___ i» 3 2 ; 116%
Mlnneap. Union—1st, 6 a ....1 9 2 2
Pens, A A t .- 1st, 0,., g o ld ,..1 9 2 l 101
Chin. A West Mich.
......... 1921:
^
103
M oot. Con.—let, guar., 6 »..198 7 ns* u e
Collat. trust, 5«, g ................1931 100
1st guar, g, 5 s . . . ................ 1037
U . Mam. A D,—C m .i. f „ 7s. 1905 i i e %
102
;
v -.m i •
103
105*
»d, gold. 4% ».........
r "
BaeLM lnn., 1st dlv, 1st 5 s .1908 •106*
106%
N ssh.Plor.A B .-laL, « n , 5».1037
80
Cln. D. A i r 'o — l s t ,g u . 5«. g . i
W ilm w A Sloux P . - l s t , g ,58.1938
108% 109
KeaUtcht Ointrat—4», g. ..1987
OtoV. 4k * CW.~ E q.% ad «S. I
Ban Fran, A N. 1*.—1st. g.. Rs 1919 •98% 100
leva AJ'-ma.U-, (J o .-G tt,* ,t«!l9 4 5
o a t , A 8 t. r_ —O t a .. ¥. 4 , . 1993 ; 87*
Sav FI A West, let, io n .g 6s. 1 9 3 1
37 % lxm.N Aib.At b. - U ea.m .g.S A lS lo
72
Q 9 r o djrisuut, 4 s------- .....1939 1
Bon thorn—Ala. Cent., 1st 6a. 1918
Memphis A Chari. - 6 « , g old .. 1024
50
AU, A Char,- 1 s t , prof., 7 s.. 1897
"93% 94 * : 1st con. Teou Hen, 7 « ........... 1015
105*
Incom e, 6 s .......................... 1900 100
iiM e*le»a Cent, UMtsoi— 4a, g.isJU
Colusa. A Groom—1st, 5-tie.1916
l*t, con*. Incom e 3s, g ........ 1939
E. "etui. V, A « » . —D irts,5s 1930 n o
r a a .W .b .A M .D U .- ls t K i'.i;;,,!
90
CtB. t.8 4 L. A c .- l » t ,g .,4 s .l » 3 6
Rich.A Dam—S q. s. L g. 0 a .l9 o 9
98%
95
" J | & r S B S 5 M ft .t S iS 5
Consol , t i e . . . . . . ..................... i-jy,,
Debem 5s, sta m p ed ___ _ 1927 102
2d, ln oom e.es, “ A " . . ...........1917
Vir'a Mid.—Serial ter.A , 6s. 1908
105
.......
2d, Income, tia, B ” ............. 4917
Berios B, 6 s.......................... 1911
107% ...... Michigan Central—0a___ .....1 0 0 0
Series O, 6*...........................lin g
U5
Series D, -1-5*.....................1921
a s & K 5 5 3 J fc ir i8 5 }
n i”
Series F, 5 s.......................... 1031
10< %
Bat-CASirgl*. -i* i,3 s ,g ,g u .l9 8 0
Wa*h.O,AW.—lstcur.gtu-ls.1924
85
. . . . . . Mian.A Ht. to —lat, g. 7s*8
.'.!!;i0 2 7 140 143 T er. As'n of Si. I*,—1st, 4%«.193W
Del. Lack. A W.—M on. 7*___ 1907
Id l
j lo w s S x len slon , 1st,7s....... 1909
8 r r ». Blag A N, Y - 1 s t , 7..1900
12.8% 1 lat, con. if. 5 s . . . ..........1894-1941 102
....
fciathwcat K x t .-l* t , 7s.......1910
128%
StJ—
Mor.Br. rerm „g,.f>?,ga.,i93u
K w r t s A « * * e x - l * t ,7 * ,..,1 9 1 4
1 .«** !„ £ W 1* * J to V -lS li, 6 s ............ U121 *nT%
Send*, 7 « . . . ..................
1900
T ^ - a A New Oriuaus—lst,7«,1905
lib
Mc.K A T e r . - i n , est.. 5s, g .l!H 4
7* o f 1971..........
:.;i» o i
-Jr-m o D ivision, 1st, 8*. ....1 9 1 2
M o.K.AT.,'. !• t lst.gn.6s.g.l942
1st, eon., g w . , 7 s............ 1915 138 %
78%
Consol. 5s, g ..........................1 9 4 3
94
71
W arrwft -2d. t » ................ j 900 111
l W
, A n ' l * i 4* , g - 1 ^ 0
. T o*. A P *e., E. D.—1st, g, 6»,1905 105 l i b
D A f I.C a n ,- P*. Di v. ,O Up.7#. 1»17
O
*60
95
Third A rcn u e (N .Y).—1st 5s, 1937 119 1Z0
. . . . . . . ia^uri Par.llie —Trust So. . ! 1917
M
Albany A 8u*u - 1 s t , gu.,7a 1906
82
r.A G .C .—Kan.A M., Mort. 4s,1990
___
82
131
131;
i* t ©oils, &•,
1920
1st, cons., guar., 6 s.........,1906
70
lH U '.A vV.—1st -iK.iio.f iLooo.J liiy
78%
119
•.-%<t.B r.,lst,7A 1395 102 105 ;Ulster A D al.—lat,com ,ti.,5a. 192a 101
Mens. A »ar. 1st, m a p ., 7a. 19-41
1103%
Mobile A Ohio—1st ext., 6s.. ,1927
Union Pacific—1st, 6 »......... ...1 8 9 6 10 3% 10 3%
h 8t. 1„ A Cairo—4s. guar___ .1831 **82*
1st, 6 s...................................... ..
103% 103%
| Morgan's L*. A T . -1 s t,8 s .... 19*0 115
D cbt
_____
1st, 6 s .........................
1899 104% 105
ls t ,7 s .-----------------1918 128
®
•* M;—D- g. 3%s,ser. A .l o l i
Collateral Trust, 6 e ,. .... ...1 9 0 6
18% 20
95
j a g 4- A 8t. l. - 2 d , 8 s ..1901
’ «*»»«
D en A Mack.—1 st lien, 4 s ,g.. 1005
ick.—1st Uen, 4?,g ..l9 9 5
Collateral Trust, 5 s . .............1007
75
;S. O. A- No, K - P r , L, g „ On. 1015
4s, gold.
.1 K »o « »r Paolfio—1st 6s, x . . 1.905
81
7 0 " *■ Y. Central -D e b . g / 2 . . . . . 1905
Driloto A
1*02%
1st, 6s, ft..............
1896
104
N. J. Jane—Gear. 1st. 4 « ... 198b 100
Erie— 1st, ' . S S . . . .S. . . .S i i i
.
..
Q, Br. U V —F. *•„ 7 s....... '..1895
105
B M cb O re * .h -tst. g o l d ,- t s /.i o ^
«> . a u w td ed , 6 s .;.......
Atoll. Col. 4 Pan.—1st, 69, .1905
112% .......
33
•10
Osw. A Home—2d, OS, g..git.1015
31, «« « m 4 e d ,4 % t .........x o a l
Atoh. J. Co. A W,—1st, 09.. .1905
o a ^ A B i . K . v . - d s . ’l / g r i K s 103
4th, extended, 5?— ......... ,.1 929
U. P. Lin. A OoL—le t,g .,5 s. 1918 i i ' 85 “
ffi
>*.a. e n e n d e d , 4 ............. " ^ t S o S , 100 5
lu 5
Oreg.S.L.AU.N„eoLtrsst. ,5». 1919
25% 30
N. Y. -V. H. A H . - E i B w i : 5^ 1 9 0 3
1st, v o',.. v .,r d 7s . . . . .
s■
,o(i
Utah A North.—1st, 7s........ 1908
.........
Tie* .........j
Gold, 5 » . . . .......................... 1926
3 * » * . \ * | r - lti V * * : - : : ; l » » 8
fig"'
• jY -R K A W .—P vl.oo-i. 5s. 1969
70**
08
Gen. mort., 5s. g ................. ja a n . . . . . . 7 3 % ; Utah Southern—lieu., 7a ..1909
<StB.
6#
1aoV
,,,
Extern, 1st, 7a....................1900 . . . . . . 68
........ 1 7a
W us.* Em t. 1st.gt4.ig.5s.' 1»12
89% V alley R ) Oo, o f O .—C on . 6 8 ,1 9 2 1
Northern Par.—Divid’d scrip ex;
L%*rr h r 1 tii*.1 ‘ . f i ; : : ! 7 i a
7
::
85
....... Walnuih—Debenture, Ser, 4..1930
—
James Kivor V s l.- 1st, 6 » . . . 1 0 *
Dook ^
n t c t t r #cT.X0ia! io J ”
....... ji D ebenture,Series B . . ___ ..1 0 3 9
Bsofesne A P*L—1st, 5s. . 193d *78* ....... j Det. A OttlC. Ext. 1st, 5*. K..1940 "2*4%
E *mm. % Term H a a t«,^
Ui
98%
SI.P rui A W. P,—Gen., 6s 190 j
l» t, c a m .4
' i0 7 u
.....
HI u K .O .A N ,—St.C,Bdge6*i.l90-< 103
m
Hale nAARsrt M*u—lst,g.T6st 18 37
19%
m l, *»» 5$ * „
iq jd
^
10
........ [W est N .Y ,A P a,,going, 2-3-*a 11143
46
47%
DiilutbAManitoba—l*l,g.tiai 9311
m : v sn ,o n i n ®»
.......
.. . : In c o m e s* ......................... ....1 9 4 3
14% 14%
J»aLAM? n D n f c D i r . - l s W i l l ?
„ 8 T .. Of. Br. 1st. « .,6 » . ! ” 1030 .......
87% W e s t V*a, O, A Pitts - 1 s t . 6s. 1911
O, »u r A Aisiio—u t , « « , g old ,1016
E vanv. .fe lu d ia h ,—1st, n o r,i., ] uv,,;. ' *
....... W heel.AL.K.— lets 5», gu ia...l,936 102
O e a .ls t .g .,a « .................... le a "
1 In, 4 P. M ara.-M r,rt„ 0»;,.l<>3tV iYj*
....... ;i Extension A Imp.
S a ..... 191-0 . . . . . . 91 %
1H
Osnt.W ashington—1sAg..Qa j o s s
Wt** €fewf, 1u«wittii» 8 «
la q ?
10
N o p rice F rid a y ; these are th e b l e s t q u o t a t i o n 'm td e this w eek. p „ r t l U s . H a o . o ^
a ^4 l i a l l « t « d
3 d p a « e p r e c e d iu g .
THE
540
CHRONICLE.
[V ol .
L a test Gross E a rn in g s.
J n u cstm e u t
R o ad s.
W eekorM o\ 1895-6. : 1 89 4 -5 .
AND
R a ilr o a d
In te llig e n c e .
RAILROAD
EARNINGS.
The following table shows the gross earnings of United
.,
States railroads (and also a few Mexican and Canadian roads)
for the latest period reported. The statement includes every
s t e a m r o a d from which regular weekly or monthly returns
can ce obtained. The lirst 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 l to
and including such latest week or month.
The returns o f the street railways are not included in this
table, but are brought together separately on a subsequent page.
L a test Oross E a rn in g s.
HOADS.
\WeekorMo> 1895-6.
1894-5.
Jan . 1 to L a test D ate.
” 1895-6.
1894-5.
$
$
$
14,503
12,160
14,503
12,160
A d ir o n d a ck ........| a n u a ry ...
J
277 ,93 3
2 9 5 ,6 6 0
28,7 46
29,207
A ia . Gt. S o u tu . . . 2d w k M ar.
4 7 ,0 4 0
64,2 23
4 7 ,0 4 0
64.2 23
A la . M id la n d ... J a n u a r y ...
176 ,66 4
188,717
188,717
A lle g h e n y V a l. J a n u a ry ...
176,661
215 .28 0
191 ,25 1
18,0561
23,981
A n n A r b o r .. . . . . 2d w k M ar.
8,502
9,023
8 ,502
9,023
A tk . M id la n d ... Jan uary.
A toli. T . A S. ire J a n u a ry ... 2 ,484,664 2,2 3 4,94 2 2 ,484,664 2,2 3 4,94 2
131,501
127 ,42 6
131,501
1 27,426
A tla n ta & Char. J a n u a ry ...
50,913
4 1 ,0 2 5
41,025
50,9 13
A tla n ta A W . P . J a n u a ry ...
102,204
89,8 29
12,216
12,273
A tla n . A D a n v .. 2d, w k M a r.
13,4 40
6,873
8,197
A u g u sta S o u t’ n. F e b ru a ry ..
3,331
230,741
2 2 2 ,55 9
20,3 06
22,498
A u stin A N ’ w est N ovem ber.
49,2 92
38,0 19
23.173
11,224
B alt.C h e s.A A tL F e b ru a ry ..
B .A O .E a st LineS J a n u a ry ... 1,385,877 1 ,229,219 1,385,877 1,2 2 9,21 9
469 ,21 6
443,068
W estern L ines j a n u a ry ...
4 69 ,21 6
443 ,06 8
T o t a l............. J a n u a ry ... 1 ,828,945 1.698,435 1,828,945 1 ,6 9 8,43 5
B a l.A O .S o u ’ w .. 2 d w k M a r . 120.099
130,220 1,2 1 1,33 3 1 ,245,687
50,025
4 9 ,3 5 4
B a n g o rA A ro o s i. J a n u a ry ...
4 9 ,3 5 4
50,025
2,047
1,635
2 ,047
B ath A H am ’ ndi- ’ a n u a ry ...
1,635
3.958
2,210
1.116
1,829
B ir. a A t la n t ic .. F e b ru a ry ..
369 ,79 2
139,575
*494,619
34,791
B ro o k ly n E le v .. 2d w k ar.
536 .18 0
532 ,00 8
49,261
B run sw 'nA W esi D ecem b er
49,148
568 ,80 3
535 ,53 7
B uiL R ooh .& P itt 2d w k M a r .
53.927
57,798
B a r .C .R a p .A N . 1st w k M a r
840 ,98 8
637 ,10 5
9 7,0 44 . 79,1 56
42,246
39,533
39,533
42,246
C am den A A t i . . J a n u a r y ...
342.000
C an ad ianP acillc 2d w k M ar.
271.000! 3,4 8 5.79 8 2 ,6 9 8,06 8
12,902
C a p e F .A Y ad.Y . 3d w k Jan.
9 ,3 2 9'
10,783
C ar.M id lan d ___ F e b ru a ry ..
2,183!
5,048
5,579
423 ,90 2
C ent, o f G eorgia J a n u a ry ...
511 .85 0
511,850 4 23 ,90 2
C entral o f N . J .. J a n u a r y ... 1,009,567
8 52.433 1,009,567
852 ,43 3
C entral P a c ific .. N ovem ber. 1,133,790 1,149,338 1 2,008,766 1 2,1 06 ,0 5 1
O hariest’ nA S av. J a n u a ry ...
53,241
53,241
53,478
53,478
Char. Cl. A Sut.. J a n u a ry ...
4 ,889
2.304
2 ,3 0 4
4 ,889
165,342
Ches. A O h io ___ 2d w k M ar.
186,343 2 ,0 6 3,52 9 1,8 0 0,73 8
C h es.O .A S o.W .. F eb ru a ry ..
395 ,45 5
165 ,30 6
192,160
3 42 ,23 6
O h io.B u r. & Q .f/ J a n u a r y ... 2 ,593,605 2,3 7 4,83 2 2 ,593,605 2,3 7 4,83 2
O h io .& E a s t.Ill 2d w k M a r.
8 1 8 ,30 6
76,0 63
68,771
7 61,239
Chic. G L W e s fn . 2d w k Mar.
99,1 50
9 6 7 ,27 3
63,749
6 2 5 ,0 7 4
C hic.M il.A S t.P . 2d w k M a r
5 1 1 ,14 7 5 ,8 5 6,41 2 4,8 3 6,33 0
630 ,54 5
C h lc.& N ’ th w ’n . J a n u a ry ... 2 ,447,369 1 ,934,560 2,4 4 7,36 9 1 ,934,560
16,072
Chio.Peo.ASt.JL. 1st w k M a r
186.615
19.541
1 52,931
O h ic.R ’ k I . & P . . F eb ru a ry .. 1,117,550 1,010,525 2 ,3 0 0,43 5 2,1 3 5,41 9
C hio.S t.P .M .& u J a n u a r y ...
612,787 464 ,02 7
6 1 2 ,7 8 "
4 6 4 ,0 2 7
Chic. & W. M ich 1st w k M ar
2 57,410
29,755
29,8 37
2 48 ,74 7
C in .G a .A P o r t s . F eb ru a ry ..
8,660
4,111
4,058
8,588
C in .Jaok.A Mae. 2d w k M ar.
14,160
1 38,908
11,719
1 18,779
Gin. N.O. A T. P . F e b r u a r y .. 2 64.600 2 3 9 ,84 7
5 40,600
5 0 9 ,8 4 7
N. Orl. A N . E. 3d w k Feb.
200,000
25.000
18,0 00
1 84 ,00 0
A la . A V ioksb. 3d w k Feb.
10.000
8 5 .0 0 0
8,000
68,000
V ic k s .S b .& P . 3 d w k F e b .
9,000
7 5 .0 0 0
8,000
7 2,0 00
C in. P orts. A v . F e b ru a ry ..
4 0 ,4 1 6
18,8 53
18,4 85
36,9 91
C larion R i v e r .. N ovem ber.
3 .2 6 9
2,686
O lev.C an. A S o .. 1st w k M a r
10,3 40
1 00,023
105 ,72 2
11,2 86
C u C in .C h.A 8t.L 1st w k M a r 2 29 ,18 0 242 ,85 8 2 ,3 0 3,49 2 2 ,2 6 7,40 3
P e o . A E a s t ’ n . J a n u a r y ...
154,799
154,799
132 ,95 7
1 3 2 ,9 5 7
01. Lor. A W heel. 2d w k M a r.
2 30,719
22,158
23,869
2 0 6 ,50 8
Col. M idi a n a ... . F eb ru a ry ..
109 ,03 2
140.750
2 90,217
2 2 1 ,0 2 6
C ol. H . V . & T o i . F e b ru a ry ..
209,736
4 12 ,37 0
179 ,49 5
3 8 3 ,33 9
C ol. Sand’ y A H. 1st w k M ar
12,432
135,331
13,462
140,401
C olusa A L ake . F e b ru a ry ..
1,100
2,000
1,200
2,200
C ry sta l.................. J a n u a ry ...
1,178
1,178
639
639
C um bT’ d V a lley. J a n u a ry ...
63.703
63,703
58.6 33
58,633
D e n v . A R io G r 2d w k Mar.
126.000 1 0 7 ,00 0 1,3 1 2,66 6 1 ,2 3 2,61 5
D e s M . A K a n .C . 1st w k M a r
21,514
1 ,9 0 4
2 .1 8 1
13,926
D es M. N. A W .. F eb ru a ry..
39.2 24
74,437
22,8 39
45,3 63
D et.L a n s’gA N o. I s t w k M a i
17,8 37
161,722
19,889
176,268
D et. A M a ckin a c J a n u a ry ...
3 9 ,6 5 6
19,923
39,6 56
19,923
D u l.A Ir’ n R an ge N ovem ber.
100,998
58,842 2,1 5 5,61 3 1,5 0 0,02 9
D ulutho.S . A A ti. 1st w k M ar
38,681
3 16,617
32,9 18
282 .31 5
E lg in .J ol.A E a st F eb ru a ry ..
101 .75 0
2 09,092
83,8 67
164,559
E rie ........................J a n u a ry ... 2,316,112 2,0 9 4,12 0 2 ,3 1 6,11 2 2 ,0 9 4 ,1 2 0
E u rek a S prings. D ecem b er.
4,961
62,889
9,215
73.0 16
E v& ns.A lnd'pllp 2d w k M ar.
5,992
58,2 34
5 ,8 4 0
57,636
E va n s. A R ich . 1st w k M ar
2,064
15,4 95
1.609
15,7 86
E va n sv. A T. H . 2d w k M ar.
22,469
20.5 58
2 21 ,06 6
1 9 1 ,32 6
F itch b u rg ..............J a n u a rj'...
598 ,01 7
5 98 ,01 7
513 ,32 8
513 ,32 8
F lin t A P .M a r q l « t w k M a r
5 2 ,3 9 5
48,493
5 01,101
391 ,46 7
F t.W 'tliA D en .O . J a n u a ry ...
74,601
74,601
9 0 .6 1 0
90,6 10
Ft.W . A R io Gr. 2d w k M ar.
6,945
5.779
8 2 ,1 3 4
79,4 82
G ads. A A tt. U . F eb ru a ry ..
799
1,762
533
1,156
G eorgia R R ........2 d w k M ar.
30,253
28,536
3 69,307
2 5 3 ,63 0
G eorgia A A l a ..! 4th w k F eb
13,133
7,0231
100,258
67,1 78
G a .C a r T a A N o J a n u a ry ...
94,6051
66,4251
94,6 05
66,4 25
G eo. So. A F la .. F eb ru a ry ..
73.147
57,579
159.293
128.315
G r. R ap. A in d . 1st w k M ar
36,4381
37,279!
3 41 ,69 2
320 ,34 9
Cin. R. A F t.W 1st wk Mai
7,904!
8 .6 0 9 i
72,0 22
71,0 76
f r a v e r s e d t y . 1st w k M a r
607
854
8,3341
6,678
M u s .G .K .A ‘ 1 1st w k M a r
2,125
2,198
22,833
17,913
T o t. all line.- 1st w k Mai47,0 74
48.9 40
447 ,88 0
4 1 6 ,01 5
Grand T r u n k ... W kM ar. 14 3 24 ,87 3
334,291 3,2 8 0.54 6 3,2 1 3,14 8
Ohio. A G r. Tr. W kM ar. 7
68,830
52,311
603,784
4 5 7 ,19 7
D e L G r.H .A M W kM ar. 7
16,019
152,651
17,733
152 ,79 6
G u lf A C h ica go. F e b ru a ry ..
3,394
2,694
6,368
6,871
G reat N orth’ n Bt.P. M . A M . F eb ru a ry ..
8 80 ,31 0
683 ,97 3 1 ,732,725 1,3 7 3,88 4
E a st o f M in n .. F e b ru a ry .. 122 ,57 0
9 5 ,1 3 6 j
2 28 ,03 8
181,305
M on ta n a Cent. F e b r u a r y .. 143,939
110,464
2 98 ,53 7
216 ,32 2
T o t. system . F e b ru a ry .. 1,146,819
889.573 2 ,2 5 9,3b 0 1 ,771,511
H oo8 .T iin .A W il. F ebruary..
2.779
3,6481
7,520
6,162
H o u s.A T e .Cen. J a n u a ry ... 273,532! 316 ,11 6
_
2 7 3 ,5 3 2 1 3 16 ,11 6
H u m e sl’ n A Sh en1F e b ru a ry ..’ 11.5 00
8,004!
22,2001
17,263
Illin o is C en tra l. F e b r u a r y ..
In d . D eo. AW est. 4 th w k D ec
In d . 111. A Iow a. J a n u a r y ...
I n .A G t.N o r th ’ n 2d w k Mar.
lln t e r o o . (M ex.) Wk Feb 29
I o w a C entral___ 2d w k Mar.
I r o n R a ilw a y .,. F e b r u a r y ..
J ack. T .A K . W . J a n u a r y ...
J a m e st’ n A L . E. S eptem b ’ r.
K a n a w h a A M ict 2d w k M ar.
K .C .F .S cott A M . I s t w k M a i
K .C . M em . A Bir. * si w ii M ar
K an. C. N. W ----- F e b r u a r y ..
K an.C . A B eat. F e b r u a r y ..
K . C .P itts. A G . . 2d w k M ar.
K an.C . Sub. Belt 2d w k Mar.
K eoku k A W e s t 1st w k M ar
L. E rie A ll. A S o . F e b r u a r y ..
L. E rie A W e s t,. 2d w k M ar.
L ehigh A H u d .. F e b r u a r y ..
L e x ’ g to n A E ast. J a n u a r y ...
L o n g I s la n d .___ 1st w k M a r
L os. A n g. T erm . F eb ru a ry .
L ou ie.E v.A S t.L . 2d w k M ar.
L ou isv.& N asn v. 2 d w k Mar.
L ouis. N .A .& O h. 2d wk M ar.
L ou. S t.L .A T e x . F e b r u a r y ..
M a con A B ir in .. F e b ru a ry ..
M anistique......... F e b r u a r y ..
M em phis A Ch as. 1st w k M ar
tM e x io a n C e n t.. 2d w k M ar.
M e x ica n In terT .1a n u a r y ...
iM e x . N a tio n a l 2d w k M ar.
M ex. N o rth e rn .. D ecem b er.
IM e x ic a n R ’ w a j Wk F eb . 29
M ex ica n S o ........ 4th w k F eb
M m n ea p .A S t.L . 2d w k M ar.
M.
S t.P .A 1st w k M ai
S.St.M .
Mo. K a n . A T e x . 2d w k M ar.
Mo.Pac.AlronjVJ 2d w k M ar.
C entral B r’ ch. 2d w k M ar.
T o ta l............. 2d wk Mar.
M ob ile A B lrm . 1st w k M ar
M ob ile A O h io .. 2 w k s M ar.
M ont. A M ex. Gif. D ecem b er.
Nash.Ch. A St. L, F e b ru a ry ..
N eva d a Central. N ovem ber.
N. J e rs e y A N . Y. D e ce m b e r.
New Orl. A S o ’ n. D e ce m b e r.
N. Y . C. A H . R .. F e b ru a ry ..
N. Y . O nt. A W . 2d w k M ar.
N .Y .S u s q .A W -, J a n u a ry ...
N o rfo lk A W est. 2 d w k M a r
N orthe’rn (G a.). D e ce m b e r.
N orth’ n Centra; J a n u a ry ...
N orth’ n P a cific 2d wk M ar.
O con ee A W est J a n u a ry ...
Ohio R iv e r ......... 2d w k M ar
Ohio R iv .A Chas- 4th w k F eb
Ohio S ou th ern . F e b ru a ry ..
O regon Im p . Co. J a n u a ry ...
P a cific M a il___ J a n u a ry ...
P enn sylvania.^- J a n u a ry ...
P eoria D eo.A E v
d w k M a r.
P etersbu rg......... J a n u a ry ...
Phila. A E r i e ... J a n u a r y ...
Phila. A R e a d ’ g . J a n u a r y ...
Coal A ir . C o ... J a n u a r y ...
T o ta lb o th C o s. J a n u a r y ...
P li.R ead.[A N .E . D e ce m b e r.
P itts. O.C.& St.L F e b r u a r y ..
P itts. M ar. A Ch F e b r u a r y ..
P itt.S hen .A L .E , 2d w k M ar.
P ittsb. A W est- 2d w k M ar.
P itts. C l.A T o i 2d w k Mar.
P itts. P a . A F. 2d w k M a r .
T otal system . 2 d w k M a r.
P itt. Y ou n g, a A . F e b ru a ry ..
Q uincy O .A K .C F e b ru a ry ..
R ich .F r’ksb.A P . J a n u a r y ...
R ich . A P etersb. J a n u a r y ...
R io Gr. S outn’ n 2d w k M ar.
R io Gr.W e8t’ n .. 2d w k M ar.
S ag .T u scola A H . F e b r u a r y ..
Sag. V al. A St. L. J a n u a r y ...
St. L . A . A T. H 1st wk M ar
S t.L .K e n ’ etASo, F e b r u a r y ..
St.L. A San FTan. J a n u a r y ...
8 t.L .8 o u th w ’m . 2d w k Mar.
S t.P a u lA D u l’ tb F e b r u a r y ..
8an A nt. a A .P . J a n u a ry ...
S .F ran. A N .Pao. F e b r u a r y ..
S ay.F la. A West. J a n u a r y .. .
S h e r.8 h re v .A S o 1st w k M a r
Sil. Sps. O. A G J a n u a r y ...
S U v e n o n ............ J a n u a ry ...
& o.H a ven A E a st F e b r u a r y ..
So. P a citlo C o.—
G a l.H a r.A S .A N ovem ber.
L ou ls’ a W e s t.. N ovem ber.
M organ’ sL AT. N ovem b er.
N .Y .T . A M e x . N ovem b er.
T e x . A N . O r l.. N ovem b er.
A tla n tic syB.5, D e ce m b e r.
P a cific system D e ce m b e r.
T o ta l o f a ll.. D ecem b er
A ffilia te d Hues D ecem b er.
G ran d t o ta l. J a n u a ry ...
So. P a c. o f Cal N ovem ber.
S o .P a o .o f A riz N ovem b er.
S o .P a o .o fN .M N ovem b er.
N orth ern R y .. N ovem ber.
S outhern R y . . . 2d w k M ar.
Spok. F ’ lsA N o r. J a n u a r y ...
S ta ten Isl. K. T. D e ce m b e r.
S ton y Cl. A C M t.. J a n u a r y ...
S u m m it B ranch . J a n u a ry ...
L y k . V al. Coal J a n u a r y ...
T o t’lb o t h C o’ t- J a n u a r y ...
T exa s A P aoiflc. 2d w k M ar.
T sx.S .V alA N , W F e b r u a r y ..
Tol. A O h io C ent, 2d w k M ar.
r o l . P . A W e st.. 1st w k M ar
J?Ol. St. L .A K .C 2d w k M ar.
U lster A D e l— J a n u a r y ...
W ab a sh ............... 2d w k M a r.
$
1,5 7 1,28 8 1,4 1 5,30 4 '
14,1 46
10,328
79.0 15
7 1 ,9 3 2
56.S29
63,1 53
47,4 00
48.8 00
3 1 ,2 7 6
4 2 ,9 1 9
3,468
3 ,8 8 0
7 2 ,9 2 1
28,5 32
4.265
4 ,3 6 2
8 ,8 4 9
7 ,2 1 7
76.0 77
8 2 ,4 3 9
17,6 72
19,220
17,1 05
20,418
106
76
10,428
11,923
3,351
5.477
7.251
6.401
6,542
5,932
66,6 48
6 2.0 07
3 1 .1 1 8
34.134
14,962
17.487
70,8 96
62.1 75
11.808
9,639
2 7 ,1 2 6
33.067
3 5 9 .1 7 0
3 65 .60 0
5 2 .8 0 0
56,995
29,0 15
33,0 50
7,400
5,979
8,792
10.015
2 0 ,3 7 0
22,9 43
2 02,191
202 ,60 7
196,916
2 34 ,54 7
85,4 04
90,7 67
57,8 59
57,118
70,884
62.0 92
9,088
12,325
42,0 40
3 2 .2 6 8
3 6 ,4 6 3
65,05*
2 2 0 ,3 2 6
205 ,23 7
408,001
378 .00 0
10,000
12,00<
418 ,00 0
390.000
5 .6 0 0
5,805
124,028
125,935
3 4 0 ,8 3 2
419,338
2,153
3,313
27,492
27,2 49
12,663
7,896
3,206,641 2,9 6 6,68 9
68,9 09
51,514
2 0 0 ,85 7
178,495
2 2 1 .89 8
248 ,93 5
6,110
6.679
4 9 0 ,5 9 0
511.208
2 5 1 ,37 3
280 ,77 7
2.956
1.810
11,772
16,764
3,391
5 ,530
5 8 ,2 4 6
62,711
2 6 2 ,57 6
244.205
3 3 6 ,5 6 3
3 0 3 ,47 4
4,993,771 4 ,6 7 8,27 1
17,110
18,203
38,739
46,8 56
2 4 9 ,1 6 0
289,095
1 ,725,453 1,5 6 8.30 8
1,853,451 1 ,892,957
3 ,578,904 3 ,4 6 1,26 5
6 1,9 5
62,598
1 ,179,294 1,0 8 4,17 3
3 ,3 3 5
3,475
9.946
9 ,6 6 0
29,4 75
2 9 ,4 4 3
16.2 89
15.242
4.615
6,337
52,1 01
4 9 .3 0 0
67,643
8 1 .0 3 6
1 7,2 4
22,129
54,1 98
54,8 48
2 3 ,7 1 7
2 7,9 8 L
6,718
7,781
3 3 ,1 0 0
38,7 00
8,017
9 ,2 6 0
6 .2 7 3
6,589
23,020
2 2 ,4 2 0
4 ,0 8 8
2 .7 2 9
4 9 2 ,85 6
4 53 ,21 9
84,500
8 6 ,7 0 0
88,083
91,8 46
143,781
1 9 4 ,5 0 9
50,9 53
4 7 ,5 1 7
3 19,124
3 0 3 ,64 9
4 ,4 0 2
6,841
15,4 76
11,4 16
6 ,300
1,604
1,114
174
474 .54 4
112,008
708 ,75 9
17,991
1 4 1 ,63 9
1 .368.924
2 ,6 0 9,00 0
3 .977.924
566 ,83 4
3,9 4 2,49 2
9 2 7 ,16 5
2 1 6 ,06 0
103 ,87 4
191,384
3 4 8 ,8 7 0
25,7 78
73.2 42
1,112
86,6 95
8 2 .5 8 0
169 .27 5
111 ,69 0
2 ,381
31,651
20,9 68
3 5 .8 4 1
24.1 63
233 ,31 7
lxh
.
J a n . 1 to L a test D ate,
1895-6.
*
3 ,3 8 3,56 5
4 7 5 ,1 8 8
79,0 15
630 ,92 9
3 8 0 .8 7 6
4 1 9 ,6 8 6
8 ,0 9 8
28,5 32
3 1 ,2 4 3
9 1 ,4 0 1
7 9 5 ,0 1 0
2 3 0 .11 7
4 4 ,2 9 9
419
1 2 2 ,16 3
51,5 09
71,7 02
12,263,
692,3421
64,2 04
17,487
462 ,93 7
17,3 75
2 9 7 ,9 2 5
4 ,0 1 6 .4 5 2
5 6 8 .41 6
68,4 40
1 4 ,6 9 0
21,2 09
2 6 0 ,9 5 8
2 ,0 0 6 ,4 7 7
2 3 4 ,5 4 7
9 3 1 ,9 3 9
6 8 1 ,89 6
5 5 3 ,0 6 5
84.9 05
3 7 2 ,2 4 6
5 4 7 ,97 0
2 ,3 3 8 ,9 8 9
4 .2 0 8 .0 0 0
136 ,00 0
4 .3 4 4 .0 0 0
5 5 ,3 1 0
7 1 5 ,80 6
1,2 1 1,44 4
8 8 2 ,93 6
27,419
350 .54 3
89,0 26
6 ,6 8 4,60 7
587 ,95 2
178 ,49 5
2 ,2 ^ 6 ,3 2 7
54,361
511 ,20 8
2 ,8 7 1 ,5 7 3
2 ,9 5 6
176 ,25 2
3 8 ,0 3 7
135 ,12 1
2 4 4 ,20 5
3 0 3 ,4 7 4
4 ,9 9 3 .7 7 1
179 ,37 7
4 6 ,8 5 6
2 8 9 ,0 9 5
2 1 ,7 2 5 ,4 5 3
1 ,853,451
3 ,5 7 8 ,9 0 4
7 6 8 ,9 6 3
2 ,4 0 5 ,8 3 9
6 ,9 0 0
1 1 5 ,17 9
2 7 0 ,3 2 8
1 3 5 ,5 3 5
3 7 ,4 1 0
4 4 3 ,27 3
138 ,62 7
4 5 .7 5 0
54,8 48
2 7 ,9 8 1
86,3 18
3 7 8 .3 6 0
16,7 79
6 .5 8 9
2 3 5 ,3 1 7
8 ,2 7 7
4 9 2 ,8 5 6
1,0 4 3,40 0
188 .54 3
1 4 3 ,78 1
9 7 ,2 5 4
3 0 3 .6 4 9
55,1 42
15,4 76
6 ,3 0 0
2 ,1 3 9
1894-5.
3 ,0 2 4 ,4 6 0
4 2 7 .0 8 4
7 1 ,9 3 2
6 8 8 ,6 4 6
4 1 9 ,1 1 8
3 0 2 ,3 3 4
7 ,5 8 7
7 2 ,9 2 1
3 3 ,7 4 9
6 8,8 75
7 3 7 ,9 9 8
1 7 8 ,0 9 6
3 4 ,6 8 0
523
9 9 ,5 4 4
36,8 46
5 9 ,9 1 0
1 4 ,3 0 4
6 6 4 ,4 9 2
69,0 81
1 4 ,9 6 2
4 6 3 ,7 9 7
3 0,8 17
2 5 2 ,5 9 4
3 ,6 8 8 ,8 4 2
5 1 5 ,8 6 2
5 9 ,1 6 2
12,401
1 9,0 62
1 8 6 ,4 4 0
1 ,8 4 8 ,3 8 5
1 96 ,91 6
8 3 2 ,43 1
6 4 2 ,2 6 2
5 8 7 .5 7 5
7 5 ,8 3 4
2 9 3 ,7 3 6
3 8 8 ,5 3 0
2 ,1 8 9 ,7 8 3
4 .0 2 8 .0 0 0
1 07 ,00 0
4 .1 3 5 .0 0 0
5 0,9 37
6 2 5 ,7 3 0
1 ,0 9 9 ,3 7 8
7 2 3 ,6 3 6
2 2 ,8 6 0
3 3 1 ,4 0 1
102 .46 5
6 ,1 1 7 ,3 9 8
6 40 ,88 1
2 0 0 ,8 5 7
1 ,9 0 2,22 9
6 1,4 76
4 9 0 ,5 9 0
2 ,4 4 1 ,3 3 0
1 ,8 1 0
1 2 0 ,0 2 6
2 5.9 04
1 2 4 ,3 6 6
2 6 2 .5 7 6
3 3 6 ,5 6 3
4 ,6 7 8 ,2 7 1
1 8 5 ,6 5 5
3 8 .7 3 9
2 4 9 ,1 6 0
1 ,5 6 8 ,3 0 8
1 ,8 9 2 ,9 5 7
3 ,4 6 1 .2 6 5
6 7 9 ,1 2 6
2 ,1 9 1 ,9 8 0
6 ,5 3 7
8 1 ,6 0 0
2 4 6 .4 6 5
1 4 3 ,8 2 9
3 7 ,2 5 5
4 2 7 ,5 4 9
1 5 4 ,80 1
3 6 ,5 2 4
5 4 ,1 9 8
2 3 ,7 1 7
6 9,3 64
3 3 5 ,2 5 3
1 7 ,9 3 0
6 ,2 7 3
2 3 5 ,3 5 0
5 ,9 3 4
4 5 3 ,2 1 9
1 ,0 2 7 ,4 0 0
1 7 0 ,79 1
1 9 4 ,5 0 9
8 7 ,1 7 8
3 1 9 .1 2 4
6 4 .9 0 5
1 1 ,4 1 6
1 ,6 0 4
1,021
4 3 6 ,4 9 4 4 ,3 6 9 ,8 8 0 3 ,8 5 0 ,3 5 3
8 9 7 ,8 2 4
9 9 6 .6 5 3
94,6 81
7 3 1 ,8 4 8 5 ,3 7 3 ,3 6 5 5 ,3 5 3 ,2 8 1
2 1 5 ,6 7 2
2 3 9 ,8 2 7
29,497
155,991 1 ,4 9 7,88 4 1 ,4 1 7 ,6 8 9
1,5 5 1,53 3 1 4,0 22 ,0 0 1 1 3 ,5 0 4 ,2 2 4
2 ,425,521 3 2.5 0 7 .3 2 6 3 1 ,2 6 7 ,7 7 9
3,9 7 7,05 4 4 6 .5 2 9 .3 2 7 4 4 ,7 7 2 ,0 0 3
7 3 6 ,1 3 6 5 ,8 9 9 ,6 5 2 6 ,3 0 9 ,6 9 5
3 ,9 4 7,39 5 3 ,9 4 2,49 2 3 ,9 4 7 ,3 9 5
8 05 ,21 5 9 ,5 8 1 ,9 8 5 8 ,3 5 3 ,5 7 6
2 03,525 2 ,0 7 3,48 9 1 ,9 1 4 ,2 8 5
8 4 8 .1 6 4
8 3 .2 9 0
9 9 4 ,2 9 0
1 90,587 1,8 4 0,19 2 1 ,9 9 6 ,5 4 2
3 46 ,61 4 3 ,7 9 8,48 2 3 ,4 5 9 ,1 5 2
18.632
1 8 .6 3 2
2 5 ,7 7 8
7 5 ,1 4 6 1 ,1 7 9,37 8 1 ,0 7 1 ,6 8 6
l ,o 9 7
1,112
1,397
1 0 4 ,2 4 8
8 6 ,6 9 5
104,248
8 2 ,5 8 0
84,778
84,7 78
189 ,02 6
1 8 9 ,0 2 6
169 .27 5
1 3 4 ,80 6 1 ,3 4 3 ,6 1 8 1 ,4 0 5 ,8 5 5
2,882
7 ,3 6 3
5 ,8 3 5
3 2 ,0 4 4
3 2 5 .4 8 4
3 42 ,13
2 0 ,7 9 6
1 7 2 ,6 7 6
1 9 1 ,80 0
3 1 ,1 9 3
3 5 6 ,5 0 9
2 8 2 ,3 9 8
2 2 .6 3 3
2 4 ,1 6 3
22.6 33
2 3 0 ,1 9 6 2 ,3 7 0 ,5 7 2 2 ,2 0 6 ,6 3
CHRONICLE.
March 21 1S96.J
ttoADS
Latent Gross Earnings.
WeeKor Jit
U nion P a c ific .-
1*95-6.
1394-5.
Jan. 1 to Latest Date.
1395-6.
I st meek o f M arch.
1898
1391-5.
«
03-7.328; 970 520
937,323
386,700 330 102
388,700
-18,903
43*21'
43,903
8,972
6,416
8,972
13,150
1.5,002 ■ 123,390
12.U00
100-0
.
139,336
A e k .C ot.A P . i r ,
25.410'
20.601
25,410
Aoh.J.C\AW< J -u u a ry ...
C e n .B r.,tL 'd t_ Ja n u a ry ...
82,338. .
41,931
62,338
sir'd total."!- January... 1 554.601 1,504.122 1.554 601
2 4 0.3-2
J. Pao. D . 4 6 . Jaaoary... 840,382
U - *:■
W acoA N ortuw . D ecem ber.:
288.577
92,347
82,871
92 347
West Jersey. . . . Ja n u a ry 72,-50
67.237
W .V.Cen.APitt February..
169.611
2 8 .-3 0
West VA.& Pitta, November.
349,916
31.180
51,857
W estern o f Ala., January,.,
51.857
06.737
West. Maryland. December
8 3S ? 1,298,187
54,800
51.000
West. s'. Y A Pa- 1st wk M ir
451,878
236,082
24.517
19.894
f t o l * Is Erie 2d wk Mar.
70.446:
Wisconsin Cent ad wk Mur.
7 2 3 ,7 9 0
78,606
9.0S9
Wrtghtav.ATan ■ a n u a ry -. ■
J
9 0 -9
5.903
Un. Paa. B B .. January
Or.S.L.A U.N Jaattatv..
8 tJos.A G d 4a Janu.*r/..
Kan.C.AOm January...
rot.St.J.<*Q,l. 1st wk Mar
Goat. Br........ (- " .lw k M .r .
641
970,520
330.462
48.247
0 .4 4 0
117.803
107.934
20,001
41,034
1,501.123
238.094
202,174
82.871
13:.353
342 325
40,830
1,248,453
430,710
244.158
647,090
5.903
* Figures given do n o t Baclads Oregon By. ,v S ay., Un. Par. Denver A
S u it, D enver Leadvlil® A Gunnison, Montana Union an d Leavenworth
'Can. City Ft, S, A Msm.
Kan. City Mem. A R irm ..
Kau. City Suburb. B e l t ..;
Keokuk A W estern..
Mcm oh is A Charleston..
M oiiiieA Birutiugham ...
Kio arau de SoatUeru___ ;
4t. Joseob A 6 1 Island.
8t. Louis Alton A T . H ..
dnerman Shreve. & S o ...
Toledo Peoria A W est'n..
W est 77. Y . A Pcuu.sylv
S
76,077
19.220
4.954
7,251
22,913
5,905
6,953
13.150
23,020
4,4o2
20,909
51,900
0,284,432
S et m ereaae (5-41 p. o.)..
1895
$
82.43 >
17,672
3.687
0,401
2 1.370
5,0 H
I
6.319
1 i.002
22,420
6.911
20,796
54.300
5,981,888
.......
inornate.
& P -vts.
8
1.548
1,391
850
2.573
2 45
634
600
172
6.362
______
....... .
1,912
2,139
2,900
512,214
322,516
189,668
.. .
Net Earaings Mon tin t to Latest llatos.—The following
shows the gross and net earnings to latest dates o f all Steam
railroads famishing monthly statements. The compilation
include: every road from which we can get returns of this
charactei and in that form is given once a month. Early re turns ar* published from week to week, as soon as issued, bu t
T o p e k a A S outh «e # te rn . a T hese figure# In clu de result# o n l e a sed lin er.
t>Includes aw n ing* Irons, fe r r ie s ®to., n et given separately. ; u # u - for M convenience of our readers all the roads making re
v
esu ew renov. e ts«lu d «« only halt o f One* lr> wtOeb f'ts'r.s F a cto - ha# turns ar, brought together here in the week in which we’ pub
a halt interest( Last y ear's earnings ware sw elled by the strike on
lish otii monthly article on not earnings—say on or about the
th e surface roads.
<f Includes operations o f the .Chic. B urlington A Northern in both 20th at the month.
years.
The ret firm o f the street raUuxtyts ire give bif themselves
i Cover# rem it* (or line* d irectly operated east o f Pittsburg.
under a separate head at Nut extreme end o f these tubular ions
L a t e s t t ir o s s E a r n in g * l>y W e e k * .— T h e la w se tw e o K iy e a r toga in t h e f o r e g o i n g a r e s e p a r a te ly s u m m e d u p a s ‘ oliu ir.F o r th e s e c o n d w e e k o f M a rch o a r p r e lim in a r y sta te m e n t
—see page,'>id.
.----- G ross t a r n m g s.—
Svnas.
Adirondack ...............Jan,
Alabam a 51i<ltaml.... J an.
July 1 to Jao. 31 —
A Is*»m * lit S outh.* Jan.
109C.
»
1895.
S
12.100
14.503
04,223
47,040
341.270
344.712
121,417
133.530
Jutv 1 to Jim at ... 1,03.1.67*1 97J.W80
2ft <eetk o f March,
1896
1895
lnm tut. Bcntmt.
Allegheny V-Mley — Jan.
188,717
176,664
8
A r t a o * ii» M id la n d .. J an .
8,502
9,023
Alabama Ot. Southern.
23,740;
» ,a o 7 {
461 AtoW#‘ » T o p v k 8 .F e .J « , 2.184.661 2,2 4.942
Ann A rbor.........................
23.03!
*TJ3s
duly l to Jan. il ...17,05;*,750 17.315,144
Atlantic A Danville . ...
12,273
ISiSitj
*7
Bait, a Otuo aoatuwewt 1 120,9.40
5'•,013
41.025
130.2 0
1 , 121 Atlanta A W. P oint..Jan.
Brooklyn E levated..........
34.791
July 1 to Jat*. 31 . . .
341.004
SttO.SI?
iJ9,'*7,
4.704
53,02,
Buffalo Koch. A Pitcab’gJ
3.871
AtUkntl- A Dutivlll* .Jan.
! *.747
34.406
Canadian Paoitlc.............
312.009
7 1 ,‘kit
July l to Juti. 31 . . .
333.084
3 1 3,311
1*5.34*
& m *V «U U f A O n t o , :
* 2 M o i Augusta Nittltioru... Pel*.
3.331
0.107
Chicago * East. till not# 74083;.
•*7;a>2
14,4*0
Jan. 1 to IV:>. 2:*---6.873
Clueagn Great Western..;
09,150
83,749
35.1 •I
Chicago Mliw, A S t. Paul
830.51 •
22.194
Austin A KofttiW- ..R o y ,
80.308
5 U .U 7
119,399:
O n . J a ck son A M ackinaw
2 10.741
‘ 4 .1 6 0
Jaa. 1 to Nov, 3 0 ,... *222.559
1 i .7 i o
2.441
Ciev. Lorain A Wi»**t*g..i
2 2 ,1 ‘ h
•23,0*io
1,711 Baltimore Che# A At!.—
Denver * Kto Gratia**... . :
1 Sd.Wu
lMJ.Oou
S9,i>
Sept. 1 t.* Dee. 3 4 ----107,377
17 7.744
Erausv. A I adlanapoto.
5 . 9 <2
5 .0 1 0
152
B at t:lantra * Ohio—
Evanav. * "Perrc. U M ’.e . 1.911
22.409
■20,5'L ine. K .O .K b ..Jan. 1.304.077 1,229,219
Ft W orth A RIO O om .!.0.04'
5.779
1,100
July l to Jam 31
.10.987,531 10.637.240
Georgk*...............................30.253
28,536
1.717
urecto True# o f Cfcnad*.
324,073
331,201
L ine. W, 0 . R .b
Jan.
114,098
189.216
“ m Yb
Interti'l A O f,.-Sora'ti .,
36,32 ,,
03,153
July 1 to Jail. 3 1 .... 3.501,420 3.110,051
... ...
Iow a Centra, 7.-.
....
42.019
31.478
11,643
Tot. both syntemsb. Jan. 1.020,BY. 1,098,435
*■*--****
Kanawha.v Midi*rah ...
8.84.-*
7 ,2 ! 7
*,0 3 2
July t w Jam 31 ...U .5 8 1 . »J2 13,778,131
Kan. City I 'l c .b , .» t;.or
r iir i rmt.\
in ir
11.92
1,41*5
10.429
B a lt A O bk.8outhw .Jan.
40 »,«1 7
501.775
K ao. City Sub. B e i t .......
5,477:
_. r ,
3 ,*51
2.120
July 1 to Jau. '31 . . . 3,933,049 3,82 >. ,42
Lake Kne A W estern...... i
62.00*
88,6*8
4 .< m
.........
L »trier. Eea«ji>. 4 m. I. ,
5,941:
27.12..
49.354
Bangor A Aroostook .Jan.
30,025
JS.W1
Louisville X, A. & Chid '
52.0,
hi
# ,9 9 5
4.195
1.035
Bath A Hamm ond*.,.Jan.
2,017
boa tsnUv A NasbviUfl.365,600
359, i7u
1.094
Blrtn. A A tla n tis.b .Jan,
2,12#
M rsleau cV-ntral........ .
202,607)
202,191
4 *«!
«,*«*..*
1 1,224
Mv .(--.-.i:i ..1. . . . . . .
July 1 to Jan. 3 1 ___
17,135
8.3.4041
00.707
5,363
Minneapolis A St. lo u i*2,040
32.20.9
217,920
9.772:
Brooklyn Klevaled.aJan.
101.480
Mo. Kausae A T e x a s..,..
20V J37
220,320
July 1 to Jan. 31 . . . 1.1*21,15., 1,031,179
lj.oVii
Mo. Pacino A Iron Sit ..
376,000
4 0 8 ,0 0 0
30,000 Brunswick A West .D eo.
49,201
49.148
Central B r a u o a ......... .
12,000
10.000
2.000
J.»». I to Dec. 31 . . .
532.008
536.160
New Turk O u t A West’ n
51.514
09,90#
'l*7.3¥i
283,199
July 1 to Dec. 31 . . .
204.470
Norfolk A W w to m ,. . . . . .
2*8,935
221,9 -0
27.03 7,
238,20 7
8ua.RoeU.A P itt*.b J a n .
235,914
Northern Pacific....... .....
SWu.77 7
2.V..37S
29.404
July 1 to Jan. 3 1 .... 1.8 >2,939 1,880,531
Ohio R i v e r ................. ..
10.7-4
11.772
4.99*2
Peoria D ec. A E v a o e v ,.,
182203
17,110
1,09.1
Buffalo A Susqueliantia—
Puteb. Shea. A L. E rls..
9.00-'
9.046
179.451
July 1 to 0 « e , 31 . . .
237,333
Pittsburg A- W « tt » fifc ..„
4 4,300
52,101
*.U! Burl. Cod. R- A No. a.. Jan. 393.706 279,711
Rto Grande Southesu . .
7,781
6.718
1
Camden A A ll____a J o n .
4 2,246
39,533
mu Grande W estern....,
38.700
33.100
5.000
86. Lottie Booth wts«tern..
8 4 .3 0 0
80,7 00
2.200 Canadian P a cific.a ,J a n , 1,171.793 1,471.038
geath em BaUway. . . . . . .
340.870
316.614
*2" 256
2.865
Carolina M ldiaad.. „J,»n.
5,204
Texas A Pacific...............
i i 1.690
134,0O4i
' 2,'u e
2
34,4 52
July 1 to Jan. 31 . . .
40,511
Toledo A Ohio C entral...
31,651
32.04 4
333
Tot St. I.. A Kaa. C ity..
423.902
Cent, o f O oorgtt a. Ian.
.511,850
35,841
31.193
4,640
Wabash........ ...........
July I to Jan. 31 . . . 3.449,185 3,256,510
233,317
230.180
3.121
Wheeling A Lake E r ie ...
19,604
26.5 7
0,-823 Central o f N. J .a ...J a n , 1,009.587
882,433
Wisconsin Central..........
7o,-140
70.603)
0,160 Contra* Pao.iO'-.b ...Nov. 1,133,790 1.149.3 J8
Jan. 1 to Nov. 3 0 . . .1 2 .0 0 4 .7 0 8 1 2 ,1 06 ,0 5 1
390,321
5,117.938
Total - 7 1 road#)............ 3,366,361 5.147.938
1713*59
Char. Clan. A Sutton. Jan.
4,8 8»
2,304
Set locrnaae 14-24 p. O.;,.
..
„
218,386
Char. A fiavannah ..Jan,
53,470
51,8*1
I Earning# last year were m ere wed by strike on” trolley road.
273,044
307,401
July 1 to Jan. 3 1 ___
For the first week of March our liaal statement covers Cba#, A O hio,a..........Jan. 010.121
731,101
July 1 to Jan. 31 ..6 ,1 4 1 ,5 6 1 5,783,278
80 roads, and shows 5‘4l per cent gain in the aggregate
Che#. O. A S o'w n.b Jan.
303.295
178,930
July I to Jan, 8 1 .... P.541.444 1,394,283
U t wee* o f Marth
1996,
1896,
; /increase. ; Bterwem.
Ohio. Burl. A Quln.b-Juu. 2,593,605 2.374,832
Chic. A East Illinois..Qct.
405,725
354,093
«
!
*
July 1 to Oct. 31 . . . 1,393,152 1,249,610
100,749
5.031,556
155,717
70,150
Chic. M. A 81. P.n
Jan. 2,323,022 1,894,378
17,000!
5’* h,nmi
%
CMmum * Grand T r a m . tj-0
July 1 to Jan. 3 1 ....2 0 ,3 9 7 ,3 4 4 Id ,689.408
52.3 U
10,519
CttUMtsGreat W estern..:
i« 2 ,3 ifj:
• •.046
i
55,870
Chic. A W, M ich........Jan.
115,100
114,002
CMe, P eoria A «t. D»ti#
19,541
18.072
3,4«y
52,480
Jack. Mack, Jan.
52,290
Ct.l«a«o A West Michigan
2»*,tftSi , 29.SS7)
82 Ota. July l Ato Jan. b .1 .,..
337,702
3
110,268
Oteve. ( ’anr.rn A dontis'B :
lo ju o
11.280
948
Cle-v CTn. '. t ie. A 86. I, .
329,18.10,506
342,850!
13.870 Oln. P*>rt«. A Vlr.lJ. Jan.
21,553
IteaM olne# A Kan. I Tty.
2.18*
154,491
280
July 1 to Jan. 31. ..
1 7 9375
Dot. Gr. ilo v . A M il* ....
16,019
•T.7U Clarion R iv e r ..,___ .N o v .
- 2,096
3,269
Detroit LatuCg A S orth'n
17.83719.889
2,052
50,149
Cleve. Canton A S o.. Jan.
44,893
Duluth So. Shore A At! .
3. ,681
0
32,91*5*.7(13
426,110
July l to Jan. 31 . . .
421.2?8
f t » f A Per* MaroBetto.:
52,30
48,493
3,90 2
Grand RapM# A tsdsana
3«,*84:
341 Clev.Ctn.C.ASt. L .a ton. 1,102,200 1.053,614
37.279
O n . Rlefi. .4. Ft. Wayne
7.304
8,609
705
July 1 to Jan. 3 1 ___ 8.484,755 8,094,433
Traverse C ity ------------aoL
854
247
132,957
Peoria A Ba#Fri,a.Jau.
154,790
Mas. Or. Rapid# A la d .
2,126
2,108
73
July 1 to Jan. 3 1 .... 1,186,957 1,005,094
c o v e r s 51 r o a d s, a n d s h o w s 4 2 1 p e r c e n t g a in in t h e a g g rosta e
o v e r th e s a m e w e e k fast y e a r.
Xet E arn ings,1895.
T -
4,340
5.699
18,172
2.399
72.449
30,159
35,304
42,806
410,322
37.4.451
54,181
61.134
3,028
5.242
163,630
479,245
1,274,875 4.394.772
22,386
18,223
I 17,103
I i .. *57
4.01 *
3.134
8..*2*8
51,399
3.716
ilef.573
5,332
208
0,937
13,280
,7 1.991
94.020
58.3*24
.-*2.8 2.4
353.770
3,026, 111
34,450
291,068
3,701.135
103,785
652.651
387,853
4,413.796
172,115
1,455.046
17,084
583
88 LOOl
408,228
4,513,112
1 20,030
1,349,810
18,419
738
131
2,591
67,071
456,93:1
12,995
104,01)1*
7 0 ,9 8 1
77,031
575,981
128,793
1*7.901
d el.7 ,810
495,950
800
10,661
237.742
1,368,729
350,589
453,531
4.434,174
2,404
: 16.741
37,9.50
271,611
1,997,031
73.168
563,730
703,325
199,523
035.742
787,713
8,090,308
8,191
3,047
69,024
3,388
3J,*H7
1,895
5,718
99,382
242,105
2,UW,41«
41.079
303,003
def.938
def.2,390
109,010
422,816
11.451
150.907
97,828
65,382
627,690
75,189
82.168
286
340,720
ill-U S 5
15.757
145,859
1,299,703
216,635
401,667
4,500.842
1,16 8
17,491
* 57,741
250,127
1.951.101
53.419
528,889
712.467
131,286
457,376
630,459
5.973.522
2,410
5,106
73,711
1,90-1
29,973
1.715
10,628
79,910
234,227
2,010,452
33,565
255,224
THE
54 2
— Q rois E arnings.
1895.
1890.
R oads.
$
$
8 2 ,6 8 9
C le v . Lor * W heel. .J a n .
9 3 ,3 6 1
8 6 4 ,9 3 3
J u ly 1 to J an . 3 1 . . . .
9 8 0 .5 3 9
111,994
C olorad o M idlan d_ J an .
_
1 19,467
Col. n
oek. V a lley A T ol.—
J an . 1 to D ec. 3 1 . . . . 2 ,6 5 6 ,1 6 2 2 ,6 8 8 ,7 0 0
CHRONICv’LE.
- S'el E a rn in g s.------ 1896.
1895.
[V o l . LXI1.
-G ross E a rn in g s.----1 896.
1895.
ft
$
N orth.
4 9 3 ,5 9 0
.
5 1 1 ,2 3 8
. 1 ,1 6 1 .9 2 2 1 ,0 1 7,81 2
J u ly 1 to Jan . 3 1 . .. .1 3 ,1 5 3 ,2 0 1 1 1 ,3 53 ,1 2 8
4 3 ,0 2 5
7 5,7 5 4
13,583
13,7 93
O hio S o u th e rn —
J au . 1 t o Dec. 3 1 ___.
7 3 4,605
7 7 2 ,9 8 1
P e n n sy lv a n ia —
L ines (llre ctly o p e ra te d i_
E ast o f P ittsb ’ g .Jan,' 4.9 9 3,77 1 4 ,6 7 8 ,2 7 1
W est o f P itts b ’ g.J an ,
I n c . 2 2 5 ,1 0 9
A ll lin e s o p e r a te d —
I n c . 4 2 6 ,7 0 0
I n c . 2 3 2 ,8 0 0
—S et E a rn in g s.------ 1 89 6
1895
Roads.
1 9,2^4
3 0 2 ,2 5 2
4 3 ,2 4 3
13,102
2 8 5 ,0 3 0
2 9 ,4 2 0
1 ,1 7 3 ,0 2 7
1 ,2 4 5 ,9 2 6
C ry s ta l.......................... Jan .
1,178
6 39
d ef.2 21
81
C um berland V a lle y ..J a n .
6 3 ,7 0 3
5 3 ,6 3 3
2 0 ,0 4 4
1 5 ,0 4 1
2 1 5 ,8 7 0
1 ,8 1 9 ,0 1 7
8 ,4 0 7
6 ,5 7 3
6 ,5 1 2
4 2 ,5 9 5
1 1 ,4 1 0
8 7 2 ,7 1 4
2 6 ,7 8 5
1 8 9 ,2 9 6
3 5 1 ,6 2 1
5 ,4 2 0
4 1 ,1 9 2
,46,721
6 1 7 ,8 3 6
3 1 ,8 5 9
1 0 ,7 3 5
291
670
1 2 ,3 5 6
£ 5 0 ,8 1 0
£ 3 0 3 ,4 1 5
1 ,2 8 4
56,7 43
1 8.3 36
1 5 2 ,3 0 2
2 4,3 >2
2 0 9 ,79 4
d e f.1 0 ,8 5 2
379
1,488
2 1 9 ,80 2
D en. A R. G r a n d e .b . J an .
5 6 9 ,56 6
5 3 1 .5 1 5
J u ly 1 to Jan* 31 . . . 4 ,e 5 1 ,8 3 5 4 ,2 3 9 ,0 5 5 2 ,0 3 8 ,7 2 6
9 ,3 1 5
D es M oines N o. A W .Jan.
3 5 ,2 1 3
2 2 ,5 2 4
5 ,3 9 5
D e t. Lans. & N o r .a .JaQ .
7 6 ,9 5 8
8 2,4 19
19,9 23
1 3 ,8 4 ')
D e tro it & M ack’ o . a . . Jan.
3 9 ,6 5 6
62,3 61
J u ly 1 to JaQ. 3 1 ___
2 1 5 ,8 2 8
1 2 0 ,7 5 9
2 5 ,7 1 3
D u lu ’ h A Iron R ’ g e .. V o r.
1 00,933
5 3,3 42
Jan 1 to N ov. 3 0 . . . 2 ,1 5 5 ,6 1 3 1 ,5 9 0,92 9 1 ,2 1 9,63 6
36,6 22
E lg in J o lie t A E .a ...J a n .
1 0 7 ,3 4 2
80,6 92
2 5 5 ,9 3 0
J u ly 1 to J an . 3 1 ___
7 10 ,78 1
6 2 2 .1 6 1
4 9 1 ,1 1 7
E r ie .................................J an . 2 ,3 1 6 ,1 1 2 2 ,0 9 4 ,1 2 0
4 ,961
E ureka S p r in g s ....... .D ec.
1,871
9 ,2 1 5
6 2,8 89
Jan . 1 to D ec. 3 1 . . . .
7 3 ,0 1 6
31,8 11
50,5 95
2 0 9 ,19 2
F lin t A P ere M a r .a ..D e c .
1 9 1 ,07 9
J an . 1 to D ec. 3 1 ___ 2 ,50 *,704 2 ,3 9 2 ,7 2 6
6 4 2 ,1 9 7
74,631
F t. W. A D. Ci y .......Jan.
6,528
9 0 ,6 1 0
F t. W orth A R io Gr. Jan.
18,4 53
41,0 03
3 7 ,5 2 9
G a d sden A A U .U n . .F eb .
385
799
533
871
1 ,7 6 2
J a n . 1 to F eb . 2 9 . . .
1,156
59.0 73
G e o r g ia .a .................F eb .
8 9 ,0 5 6
1 5 0 ,05 5
Jan . 1 to Feb. 2 9 ___
ffli3 ,l3 8
3 0 1 ,3 3 9
197 ,55 4
J u ly 1 to F eb . 2 9 ___ 1 ,0 3 8,84 2
£ 186,663
9 3 1 ,93 6
5 2 ,5 6 2
G e o rg ia A A la b a d ..J a n .
2 1 ,6 4 1
3 3 ,9 5 5
J u ly 1 to Jan . 3 1 ___
9 9 ,1 3 7
3 3 5 ,45 7
3 10,394
G a . S outh. A F la .b . Jan.
86,1 46
4 6 ,8 5 1
7 0 ,7 3 6
5 3 0 ,0 2 0
J u ly 1 to J a n . 3 1 . . . .
2 47 ,47 7
527 ,78 6
G ran d R a p . A I n d .,..J a n .
2 5 ,6 1 2
194 ,96 7
1 7 2 ,16 8
G r . T rn n k o f C a n ... .Jan. 1 ,3 2 7,85 1 1 ,2 5 9,16 9
241 ,74 8
C hic. A G r’ d T r....... Jan.
2 6 7 ,9 6 9
196 ,66 9
15,5 63
7 2,8 41
D e t. G r. H. A M i l . . . Jan.
d e f.6 7 6
6 8,8 18
2 ,974
G u lf A C h ica go, b ___ Jan.
526
4 ,1 7 7
H o o s a c T n n .A W ilm ..Ja n .
3 ,8 7 2
1 ,6 8 2
H ou st. A T ex. Cent.. Jau.
2 7 3 ,5 3 2
9 8 ,6 1 1
93,5 77
3 1 6 ,1 1 6
Illin o is C e n tra l, a.. Jan . 1,8 1 2,27 7 1 ,6 0 9,15 6
5 3 8 ,0 4 8
5 9 2 ,1 8 4
J u ly 1 to Jan . 3 1 ....1 3 ,0 7 7 ,4 3 9 1 1 ,4 3 7 ,1 6 2 4 ,6 4 7 ,4 0 4 3 ,4 0 5 ,6 0 7
Ind. D eo. A W est. ..D ec.
4 2 ,6 7 6
11,051
4 5 ,9 7 3
2 1 ,7 5 9
J an . 1 to D ec. 3 1 ___
4 7 4 ,5 5 7
117,219
4 2 7 ,0 8 5
154 ,03 8
J u ly 1 t o D ec. 3 1 ___
2 58 ,66 1
1 0 0 ,63 2
81,9 12
2 62,239
In d ia n a 111. A Io w a ..J a n .
7 9 ,0 1 5
7 1 ,9 3 2
2 3 ,9 4 0
34,0 75
I o w a C e n t r a l.b ......... J an .
1 6 7 ,47 2
1 1 9 ,5 8 2
3 9 ,5 2 0
6 4 ,0 9 7
J u ly 1 to Jan . 3 1 ___ 1 ,1 1 4 ,6 7 4
4 3 5 ,9 3 4
9 7 0 ,9 3 7
3 3 6 ,6 4 0
Iron R a ilw a y — b . . Jan .
4 .2 1 8
172
4,119
825
J u ly 1 to Jan . 3 1 ___
2 8 ,3 6 4
2 -,2 0 3
1,013
7 ,6 3 1
J ack . T a m . A K . W ..J a n .
2 3 ,5 3 2
7 2 ,9 2 1
def. 4,033
25/3 51
J a m e s t’ n A L. E rie. Sept.
4 ,3 6 2
4 ,2 6 5
1 ,1 4 3
1 ,3 7 2
J a n . 1 to Sept. 3 0 . . .
3 1 ,2 4 3
3 3 ,7 4 9
6.641
2 ,0 3 6
K a n a w h a A M ich .b ..J a n .
4 1 ,1 4 3
10,211
30,8 78
8 ,0 6 5
J u ly 1 to Jan . 3 1 ___
2 8 4 ,09 1
2 4 1 ,5 9 2
69,0 08
7 1 ,6 5 6
K a n . C. Ft. 8. A M .a .J a u .
3 8 8 ,0 7 0
3 5 6 ,7 4 7
1 1 6 ,5 3 0
1 0 8 ,7 2 9
J u ly 1 to Jan . 3 1 ___ 2 ,7 9 0 ,1 6 6 2 ,7 7 0 ,7 6 9
873 ,31 9
8 7 5 ,4 7 1
K a n . C. M em . A B ___Jan.
115 ,56 8
92,7 11
3 2 ,3 1 2
2 0 ,8 5 7
J u ly 1 to J au . 3 1 ___
7 66 ,92 3
6 4 9 ,6 4 9
1 7 2 ,1 4 2
1 3 7 ,6 8 7
K e o k u k A W est’ n .b ..D e c .
3 5 .0 7 3
2 3 ,3 2 6
16,0 22
9 ,3 9 3
Jan . 1 to D ec. 3 1 ___
3 8 1 ,5 3 6
1 13 ,16 2
1 3 6 ,3 7 9
3 6 3 ,5 4 8
L. E rie A ll. A S o .a ..J a u .
6 ,331
7 ,7 6 2
1 ,7 6 4
834
L a k e E rie A W e s t .b . Jan.
3 0 2 ,1 1 7
1 3 9 ,6 3 2
2 6 9 ,2 8 9
1 1 6 ,8 4 3
■Lexington A East’ n ..J a n .
17,437
14,9 62
6 ,3 5 9
5 ,2 4 7
L o u ls v .E v . A St. L .b —
J a n . 1 to D ec. 3 1 . . . . 1 ,5 0 5,43 5 1 ,4 0 4 ,3 4 7
3 3 1 ,50 5
2 4 7 ,9 7 7
L o u is v . A N a s h v .b .J a n . 1 ,6 8 8 ,5 3 7 1 ,6 0 2,10 2
6 2 2 ,0 5 5
6 1 9 ,8 9 1
J u ly 1 to J au . 3 1 ...,1 2 ,4 0 8 ,6 1 9 1 1 .7 8 8 ,9 3 0 4 ,5 0 6 ,4 9 7 4 ,6 9 7 ,6 7 4
L o u is v . N. A . A C .a ..J a n .
2 3 3 ,4 1 9
2 1 6 ,4 9 9
4 9 ,3 2 4
3 1 ,0 9 4
J u ly l to Jan . 3 1 . . . . 1 ,9 8 3,42 4 1 ,8 1 0 ,5 0 4
5 8 0 ,6 7 8
7 0 1 ,5 9 8
L o u is v . St. L. A T e x .. Jan .
3 5 ,3 9 0
3 0 ,1 4 7
6 ,3 5 5
4 ,5 4 1
M a co n A B irm in g ___Jan.
7 ,2 9 0
6,422
1,120
1 ,6 7 7
J u ly 1 to J an . 3 1 ___
4 3 ,6 3 2
4 9 ,2 8 3
d e f 335
11,3 23
M a n istiq u e ................... Jan.
11,1 94
1 0 ,2 7 0
d e f. 301
1 ,3 1 7
M em phis A C has’ n . . J an .
122,015
8 6 ,2 3 3
2 7,402
29
J u ly 1 to Jan . 3 1 ___
8 7 1 .4 6 8
7 7 4 ,0 2 3
2 39 ,66 6
1 7 3 ,6 1 9
M e x ica n C e n t r a l___ Jau .
8 2 2 ,2 3 2
7 9 3 ,04 3
3 5 5 ,4 2 1
3 1 8 .8 1 8
M ex. In te rn a tio n a l..J a n .
2 3 4 ,5 4 7
1 9 6 ,9 1 6
7 3 ,3 3 9
72,1 35
M -ixloan N a tio n a l....J a a ,
4 2 3 ,9 1 8
c l8 7 ,6 4 2
3 5 9 ,1 3 7
e l5 8 ,3 4 3
M e x ica n N o rth e rn ...D e o .
5 7 ,1 1 8
5 7 .8 5 9
34.336
3 2 ,0 0 6
J au . 1 to D ec. 3 1 ___
6 8 1 ,8 9 6
6 4 2 ,2 6 2
3 d5 ,6 6 1
3 4 6 ,1 4 4
M inn. A St. L o u is .a .J a n .
145 ,87 8
1 19,142
4 9 ,2 0 0
41,6 71
J u ly 1 to Jau . 3 1 ___ 1 ,2 7 6 ,9 9 0 1 ,1 1 3,18 9
4 9 9 ,8 7 2
5 5 9 .5 9 3
M in n .8 t.P .A S.Ste M .Jan.
249 ,08 1
1 6 2 ,0 5 6
6 7 ,2 3 5
1 8 ,6 7 7
M obile A B irin'gham J an .
26,2 49
2 4 ,6 5 7
2,299
1 ,7 2 9
M ob ile A O hio a .........Feb.
2 9 0 ,0 1 9
2 3 1 .0 0 3
99,4 45
7 1 ,9 1 0
J a n . 1 to Feb. 2 9 ___
5 8 9 ,87 1
5 0 1 ,7 0 2
2 17 ,75 9
1 7 4 .26 7
J u ly l t o F eb . 2 9 . . . . 2 ,4 8 3 ,7 7 9 2 ,1 7 6,20 3 1 ,0 1 0,27 8
8 37 ,57 3
N ash.C h . A St. L .b ..F e b .
4 1 9 ,33 8
3 4 0 ,3 3 2
1 4 5 .37 5
135,391
J an . 1 to Feb. 2 9 ___
8 8 2 ,9 3 6
7 2 3 ,63 6
3 1 9 ,8L2
2 86 ,6 2
J u ly 1 to Feb. 2 9 ___ 3,518,t>67 3 ,0 9 6,00 5 1,1 0 3,68 0 1 ,2 8 5,62 3
N evada C en tra l..........N ov.
3 ,3 1 3
2,153
962
270
J a n . 1 to N ov . 3 0 . . .
27,4 19
2 2 .8 6 0
2,596
d ef.4 3
J u ly 1 t o N ov. 3 0 . . .
1 3 ,6 jo
9,643
2 ,5 3 0
d e f.6 1 4
V ew Orl. A South, a .. .O ct.
10,675
9 ,6 5 3
616
3 70
Jau . 1 to O ct. 3 1 ___
7 0,4 95
7 7 ,5 5 7 (1 o f.9 ,3 6 2 d ef. 4,713
J u ly 1 to O .t. 3 1 . . . .
3 2 ,8 6 3
2 9 ,0 9 3
d ef.3 ,6 6 1
d ef. 2,291
N. Y . C entral A H u d .—
Jau . 1 to M ar. 3 1 . . . 10,4 34,600 9 ,8 3 5 ,8 1 8 3 ,3 2 9 ,0 0 0 3 ,0 1 9 ,8 4 2
N. Y. O nt. A W e s t.a . Jau.
2 7 2 ,2 6 0
2 7 6 ,7 2 5
62,8 97
5 8 ,1 0 5
J u ly 1 to Jau. 3 1 ___ 2 ,3 1 9 ,4 8 7 2 ,2 6 6 ,8 *2
7 1 9 ,9 4 2
6 7 8 ,39 3
N. Y. Bus. A W est., b Jan .
173,495
2 0 0 ,8 5 7
7 5 ,7 6 4
8 2,3 62
J u ly 1 to Jau . 3 1 . . . . 1 ,3 6 6 ,9 2 0 1 ,2 7 4 ,1 2 2
5 8 7 ,3 4 9
44 L, 060
N o rfo lk A W est’ n ..a . Jan .
9 7 5 ,5 8 3
8 2 2 ,1 9 9
2 3 3 ,9 3 2
88,1 76
N orth ea stern o f G a ..D ec.
6 ,6 7 9
6,110
3 ,1 3 7
2 ,025
Jan . I to Dec. 3 1 ___
5 4 ,3 6 1
6 . ,476
12,8 94
1 7,5 33 *
1 1 0 ,8 4 2
3 2 6 ,0 9 7
6 ,1 7 9 /2 3 9
2 3 ,1 2 9
3 .8 9 4
1 2 1 ,2 5 0
1 5 8 ,6 8 5
4 ,3 4 1 ,3 7 8
1 8 ,3 1 4
2 ,8 4 2
2 6 3 ,9 7 3
3 9 2 ,7 1 1
1 ,0 4 3 ,7 9 7
In o.
9 8 1 ,3 9 7
6 ,3 0 0
D ec.
D eo.
700
5 0 ,4 0 0
.
93,2 LI
9 2 7 ,1 8 9
7 8.8 45
8 59 ,53 3
4 8 ,0 3 4
3 1 8 ,3 3 0
2 3 ,9 0 6
2 2 3 ,7 1 0
i.
.
4 6 ,8 5 6
3 28 ,78 7
3 8,7 39
2 8 1 ,9 6 4
1 9 ,0 2 7
1 43 ,93 1
1 2 ,5 3 5
1 2 1 ,9 9 3
.
.
.
.
.
289 ,09 5
1 ,7 2 5 ,4 5 3
3 ,5 5 8 ,7 0 9
1 ,8 5 3 ,4 5 1
4 ,0 6 9 ,8 0 9
P eoria D ec. A E v .
Phila. A R ead in g .
D e c . 1 to Jan. 3 1 .
D ec. 1 to J an . 3 1 .
. 3 ,5 7 3 ,9 0 4
. 7 ,6 2 3 ,5 1 8
62,5 98
.
7 63 ,96 3
. 1 ,1 7 9 ,2 9 4
P itts. 0 . C. A St. L..
. 2 ,1 0 5,83 9
l
.
3 .4 2 5
l
.
1 15 .32 3
i.
56,0 27
P itts. C lev. A T o l..J a n
15,3 62
Pitts. Pa. A F a ir. ..J a n
186 ,71 7
T o*al system ___Jan .
J u ly 1 to J an . 3 1 ... 1,8 4 0,93 5
67,6 43
P itts. Y o u n g s. A A ...F e b ,
1 33 ,62 7
J an . 1 to F eb. 29 . . ..
54,8 48
Rich. Fred. A P o t ...J a n
4 0 7 ,5 3 4
J u ly 1 to J au . 3 1 -----.
27,9 81
Rioh. A P e te rs b u rg ...J a n
2 0 3 ,9 2 7
J u ly 1 t o Jan. 3 1 . . . ..
36,3 70
Rio G ran d e South, b. Jan .
305 ,94 5
J u ly 1 to Jan . 31 . . ..
160 ,26 0
R io G ra n d e W e s t .b .. Jan.
J u ly 1 t o J an . 3 1 . . . .. 1,5 0 9,28 3
8 ,7 6 2
Sag. T us. A H u r o n ...J a n .
6 ,5 3 9
110 ,99 3
J an . 1 to D ec. 3 1. . 1,3 2 0,14 3
6 9 2 ,96 2
J u ly 1 t o D eo. 3 1 . .
4 9 2 ,8 5 6
St. L ouis A *a n F r ...J a n .
San A n t. A A ran. P ..J a n ..
143 ,78 1
50,9 53
8an Fr. A N P a o ....... Feb,
9 7 .2 5 4
J a n . 1 t o Feb. 2 9 ----5 4 6 ,0 0 6
J u ly 1 t o F eb . 2 9. .
8av. Fla. A W e st.b ...J a n ..
3 03 ,64 9
J u ly 1 to J a n . 31 . . .. 1,9 7 2,70 9
Silver Sp. O cala A G. Jan.
15,4 76
12,4 71
S llv e rto n ..................... Deo,
J an . 1 t o D eo. 3 1 ___
7 7 ,1 3 9
South H a v e n A E a s t. Jan.
1,025
2 3 ,4 5 4
4 1 ,7 2 1
2 4 9 ,1 6 0
7 4 7 /2 6 0
6 2 6 ,2 8 7
1 ,5 6 3,30 8
3 ,1 2 0,23 5 1 ,5 6 2,998 1 ,2 3 1 ,1 1 8
22,3 41 d e f.8 7 ,3 7 3
1 ,8 9 2,95 7
3 ,4 8 1,21 3 d e f. 60,0 79 d f. 2 7 4 ,8 0 0
3 ,4 6 1 ,2 6 5
6 ,6 0 1,44 8
6 1 ,9 5 8
6 7 9 ,1 2 6
1,0 8 4.17 3
2 ,1 9 1 .9 8 0
3 ,2 0 2
100 ,21 9
5 6,2^8
10, >56
1 6 6 ,6 6 3
1,6 5 5,79 3
8 1 ,0 3 6
1 5 4 ,80L
5 4,1 98
38 4,032
2 3 ,7 1 7
1 8 5 ,6 0 0
2 9 ,7 9 0
2 49 ,11 5
1 4 5 ,75 3
1 ,2 9 1 .0 4 4
8 ,6 7 0
6 ,2 7 3
1 14 ,74 0
1 ,3 3 9,95 0
7 2 2 .8 7 1
4 53.2L 9
1 94 ,50 9
4 7 ,5 1 7
" 7 ,1 7 8
5 49,923
3 1 9 ,1 2 4
2 ,1 7 5 ,8 0 9
1 1 ,4 1 6
5 ,0 7 6
5 3 ,7 1 5
8 47
76L 601
1,5 )2,9L9
1 7 ,3 4 6
2 0 1 ,6 9 0
2 2 4 ,1 3 0
5 1 7 ,5 6 5
585
3 7 ,0 2 5
1 3 ,4 7 6
d e f. 1,65 4
4 8 ,3 4 7
5 8 0 .3 1 9
7 ,5 2 9
1 4,8 >9
1 9 .2 7 1
1 5 5 ,4 0 6
8 ,6 7 2
6 3 ,5 5 1
1 5 ,4 5 *
1 6 7 ,7 6 7
53,4 66
6 2 3 ,0 7 5
1 ,4 0 5
775
4 6 ,9 8 3
5 3 7 .7 >9
3 2 2 ,3 5 5
1 8 1 ,2 1 5
3 3 ,5 4 2
4 ,4 5 2
5 ,3 4 8
1 65 ,5 26
8 6 ,2 2 3
5 3 1 ,2 8 7
7 ,8 6 3
8 ,1 0 3
43,2 21
d e f,609
5 3 8 ,9 1 4
9 5 6 ,3 4 8
1 8 ,2 1 2
1 6 8 ,8 7 2
2 0 3 ,8 5 1
4 6 2 ,5 2 1
255
2 8 ,5 5 1
1 8 .4 8 6
d e f. 4,3 42
4 2 ,6 9 5
5 5 1 ,9 8 5
2 7 ,5 0 3
4 4 ,6 1 5
1 7 ,2 3 4
1 4 0 ,4 3 3
2 ,3 7 4
4 0 ,6 4 3
1 1 ,2 4 8
1 2 9 ,6 2 4
3 8 ,4 9 5
4 3 4 ,4 2 5
2 ,8 7 0
1 ,2 8 2
5 4 ,9 5 3
5 9 2 ,1 6 2
3 5 0 ,1 0 2
1 6 7 ,8 7 7
6 8 ,2 3 2
7 ,3 0 3
4 ,3 8 6
1 9 6 ,7 6 2
8 6 .6 0 7
6 2 2 ,1 3 8
d e f.2 ,0 1 0
1 ,0 5 1
2 6 ,8 1 9
d e f.6 6 6
S o u th e rn P a c ific —
G al. H. A 8. A n t.b ..N o v .
1 7 0 ,5 5 7
4 7 4 ,5 4 4
4 3 6 ,4 9 4
1 7 9 ,9 0 3
Jan. 1 to N ov. 3 0 . . 4 ,3 6 9 ,8 8 0 3 ,8 5 0 ,3 5 3 1 ,4 1 8 ,6 8 2 1 ,1 5 1 ,7 6 4
.
112 ,00 8
3 8 ,9 9 1
94,6 31
6 1 ,3 3 2
.
9 9 6 ,6 5 3
4 1 7 ,6 0 2
8 9 7 ,8 2 4
4 6 8 ,9 7 7
.
7 0 8 ,75 9
2 8 2 ,5 4 9
2 9 3 ,8 1 4
7 3 1 ,8 4 8
J an . 1 to N o v . 3 0 ... 5 ,3 7 3,36 5 5 ,3 5 3 ,2 8 1 1 ,3 2 5 /2 7 5 1 ,2 0 4 ,8 4 7
N .Y .T e x . A M . .b .„ N o v
1 7 ,9 9 1
1 7 ,5 1 7
2 9 ,4 9 7
6 ,1 3 4
J an . 1 t o N ov. 3 0 . .
2 1 5 ,67 2
9 8 ,2 4 9
2 3 9 ,82 7
7 1 .9 4 1
T e x a s A N. 0 . . b . , . N o v .
1 41,639
5 7 ,5 5 5
6 2 ,7 7 0
1 55 ,99 1
J an . 1 t o N ov. 3 0 . . 1 ,4 9 7,88 4 1 ,4 1 7 ,6 8 9
5 6 6 ,3 3 9
6 1 0 ,5 6 0
A tla n tic s y s . b . |. . Dec,. 1 ,3 3 8 ,9 2 4 1 ,5 5 1,53 3
|
6 3 5 ,3 9 8
5 5 3 ,9 9 7
J an . 1 to D e c . 3 1 ___.1 1 ,0 2 2 ,0 0 1 1 3 ,5 0 4 ,2 2 4 4 ,4 7 1 ,3 6 6 4 ,1 2 5 ,5 6 6
P a cific 8 y s te r a .b ...D e o ,. 2 ,0 0 9 ,0 0 0 2 ,4 2 5,52 1
7 3 1 ,3 3 2
9 6 6 ,0 1 0
.3 2 ,5 0 7 ,3 2 6 3 1 ,2 6 7 ,7 7 9 1 1 ,2 1 7 ,5 5 4 1 1 ,2 4 0 ,7 0 0
. 3 ,9 4 2 ,4 0 2 3 ,9 1 7 ,3 9 5 1 ,2 7 1 ,1 6 7 1 ,1 2 4 ,7 1 2
.
5 6 1 ,8 3 1
7 3 6 ,1 3 6
3 4 0 ,4 4 7
2 9 4 ,5 9 2
. 5 ,8 9 9,65 2 6 ,3 0 9 ,6 9 5 2 ,0 5 3 ,6 8 4 2 ,2 5 9 ,8 7 4
. 4,5 4 4,75 3 4 ,7 1 3 ,1 9 0 1 .8 1 9 .5 7 9 1 ,7 0 7 ,0 6 1
.5 2 ,4 4 1,88 9 5 0 ,9 1 8 ,1 5 7 1 7 ,7 5 5 ,5 1 2 1 7 ,5 8 6 ,8 7 9
.
9 2 7 ,1 6 5
3 1 9 ,9 4 3
8 0 5 ,21 5
3 9 0 ,7 9 3
. 9 ,5 3 1,98 5 8 ,3 5 3 ,5 7 6 3 ,7 1 4 ,9 0 5 3 ,1 7 5 ,5 5 0
8 o .P a c .o f A riz’ a .b N o v ..
2 1 6 ,0 6 0
7 5 ,8 3 0
8 7 ,3 6 2
2 0 3 ,5 2 5
Jan . 1 to N ov. 30 . 2 ,0 7 3 ,4 8 9 1 ,9 1 4 ,2 8 5
6 7 2 ,9 9 8
6 4 1 ,4 4 6
S o.P a c. o f N. M .b . .N o v ,.
1 0 3 ,3 7 4
3 1 ,6 5 3
8 3 ,2 9 0
3 8 ,1 9 7
8 9 4 ,2 9 0
8 4 8 ,1 6 4
1 3 8 ,7 2 3
3 3 4 ,5 1 5
.
1 9 1 ,33 4
1 9 0 ,5 8 7
5 5,2 87
8 5 ,3 7 9
J an . 1 to N o v . 3 0 ... 1,8 4 0,19 2 1 ,9 9 6 ,5 4 2
3 8 0 ,5 7 5
7 1 5 ,7 6 6
S outhern R a ilw a y , a .. Jan, 1 ,6 3 1,95 7 1 ,5 0 2 .0 7 6
.
4 4 9 ,3 5 6
4 3 6 ,8 9 8
J u ly 1 to Jau . 3 1 ___ .1 1 ,9 5 6 ,4 5 2 1 1 ,1 4 2 ,6 8 2 3 ,9 5 3 ,8 8 5 3 ,6 1 8 ,9 6 3
S pok an e Falls A N o r;/a n .
25,7 78
18,6 32
1 6 ,4 4 1
7 ,0 5 0
S taten I. R ap. T r . b . .D eo
7 3 .2 4 2
7 5 ,1 4 6
1 5,2 61
2 6 ,9 2 8
Jail. 1 t o D e c 3 1 ___ . 1,1 7 9,37 8 1 .0 7 1,68 6
4 2 1 ,6 0 3
4 5 2 ,3 6 8
J u ly 1 to Dt>c. 3 1 ___.
6 7 3 ,57 8
6 0 9 ,0 6 9
2 7 4 ,6 5 1
2 7 7 ,7 3 1
S to n y CL. A C. M . . b .. Jan,
1 ,1 1 2
1.397 d ef. 1.095
154
J u ly 1 to Jau . 3 1 ___
31,6 18
33,0 39
1 4 ,1 1 0
1 7 ,3 3 3
S um m it B ranch c ..J a n .
86,6 95
1 04,248
d e f.9 ,8 3 0
4 9 ,3 6 5
L yk en s V a l.O o a l.e .J a n .
8 2 ,5 8 0
8 4,778
1 0 ,0 7 2
3 0 ,7 6 5
T otal b oth C o’ s .c ...J a n .
169,275
1 89 ,02 6
212
8 0 ,1 3 0
T e x. Sab. V. A N . W .. Feb
2 ,3 3 1
2,832
188
926
Jan . 1 to F eb. 2 9 . . .
5 ,8 3 5
7 ,3 6 3
1 ,0 2 3
3 ,2 7 6
T jle d o A O. C en t. b . .Jan..
144,451
1 40 ,42 4
4 4 ,8 2 0
3 5 ,8 5 8
J u ly 1 to Jan . 3 1 ___ . 1 ,2 1 6,24 2 1,2 72,757
4 0 3 ,9 7 1
4 5 6 ,6 4 6
T ol. P e o ria A W est. b . Feb.
82.3 43
7 2, J09
2 4 ,0 5 5
13,2 58
J a n . 1 to Feb. 2 9 ..
170 ,83 2
15 1,380
4 8 ,0 1 4
3 0 ,0 8 4
J u ly 1 to F eb. 2 9 . .
7 0 2 ,0 9 1
6 45,110
1 8 7 ,19 3
1 5 6 ,8 3 5
TEfE CHK0N1CLE.
M arch 21, 1896,J
,-----Bros* Earnings.-----. -------Set Earning*.------ .
1896.
1895.
1896.
1395.
%
Roads.
S
S
S
24.163
22,633
422
3,603
Ulster A D elaw 'e.....Jan .
272,0 49
259,193
78,734
July l to Jan. 3 1 ___
71,637
Union Pat-mo
937,323
970,520
ll ukm Fae. R y ..b ..J in .
218,141
295,535
330.462
Orag. S.L. A D .N .b. Jan.
336,700
152,707
63.736
43.247
43,903
7,933
St. Joa.AQd. Isl.b .J sin .
11,514
8,972
6,448
Kan.C. A O m .l)....J vo.
3 >3 dof.1,225
36,922
21,333
17,873
Cent. B r a n c h ..b . Jan.
3,817
Aceh. C. A Pan. > K r.,_
20,601 def.1,015 def.2,622
25,416
A tJ e w .C .A W ., h.Jan.
423,289
386,319
Grand T otal.b. t___ Tan. 1,551,601 1,504,123
240.382
59,280
On. P.D. A G oIf. b ___Jan.
238,694
46,316
Wabash, b .................. Jan.
976,607
im A m
905,897
24*2,655
Ju ly 1 to Ian. 31— 7,954,703 7,192,825 2.37.J.221 13 73.955
41,835
3S.63 4
28,299
W aco A .Vorthw’ a . . .Deo.
21,472
Jau. 1 to Dec, 3 1 ___
159,660
281,577
292.174
15S,10L
West Jersey A B rs..Jaa.
92,347
82,871 10.5.5 4
de. 1.261
2*2,365
22,256
Weitt Va. Cent A P. Fell.
’
72,150
67.237
631,818
273,064
J u ly 1 to Feb. 2 9 ___
786,545
339,923
63,839
46,327
Jan, 1 to Feb. 29___
169,611
137.3.38
31,189
17,64 4
W. Virginia A I'm.-b.Nov.
28,339
15,857
Jau. 1 to Nov. 30 . . .
342,323
190,6.10
34 i,9*0
201.6(38
13,074
West'll o f Alabama .Jau.
51.837
18,470
40.389
July l 10 Ian. 3 1 ___
374,415
1.5 ,332
120,436
330,661
35.517
Went-N Y.A Penn. b.. Lin.
193,178
217,216
ll 13.895
July 1 to Jim, 8 1 .... 2.019.693 2.036,765 1x556,431
668.103
113,033
26,166
Wheeling A L. Krin..D.,c.
125,532
24,7.83
July l to Deo. 31 . . .
765.401
720,327
250.4)1
163,321
Wisconsin Central ..J an .
281,787
177,933
141,669
215,213
Wrightav. A T eno
Jau.
9,089
5.903
5.139 *d«f. 5,559
July 1 to Jan. 31 —
•22,216
56,351
43,233
1 ,170
a. S e t earnings hare g iv en are a fte r deduetln* taxes,
b S e t earnin g. Here given *r» before deducting taxes.
c Ded noting other expendltnres for repairs,replaoem eute aad 4rner.1l
exoenscs, net income applicable to Interest on bonds In January was
$109,006, against #U,a4KI ia»t tear. Tkts is the result ia Mexican!
dollar* ireated laoeorUnsc to liie cotapaur's m ethod o f keep*a4 its
accou n t.) a* equivalent to *0 cents In United State* m oney—that is,
a!! deoreclafioti beyond J o per cent has already no«n allowed for.
d n r o t t a for 1bad do not include result* »n Albany FU a S o., while
those lor , 80.5 do.
e Resalts o f coal m ining operations only.
* Including other income. the net from January 1 to February 29
wb * # I * . i ,5 6 «, against #04,240, and from J u ly 1 to February 29 $443.*71. a 4.1l e t .# nib.2 2 1.
h Inclmt. i In expenses tor January. t»9 0 , n $1,722, and from July I
to January J l , tssto, « io ? ,li» 7 , whirl! in form er year* would have been
chat4ed 10 betierm ei t ».
* U etudes. peratton* o f the Chisago Burlington & Nor, for both years.
I Include, only one-half o f lines In which Union P a d Mo n.is a psrt
interest. Figure* art! given exclu sive o f fo*oits mt <»■e g o * Railway &
Navigation, Union PsotSc Denver A OuH. F ort Worth .fe D enver City,
heaven worth Topeka A death weatarn u sd M ontana Union.
! Includes A tu .o lo A Peoifte system* and adulated wad.*.
I Including incom e from fe m e * . A c.
.Mtecollaneoa* Companies,
------Grow Earning*.
-----Set Earn 1n g *----.
1*96.
m a s.
1696.
1695.
*
8
Col. F a n & Iron....... Jan.
.............
71,306
58,309
Edison El. tl.Co.M. Y. Fob.
195,221
176.715
82.680
103,434
Jan. i to Feb. 29___
1 13.103
393,358
210,290
186,990
Ed. El. UL Oo„ Bktyn. Feb.
69.119
42,412
31,757
20,160
Jan. I to Feh. 29 . . .
113,121
01.752
46,432
68,08 9
Erie Teleg. A r«l«p.C o. D'o.
96,213
88,915
36,097
23,983
Jan. I to Dee. 3 1 . . . . 1,063.696 1,033,619
393,136
450,835
Gd. Rapid* Gas I,.Co. Feb.
............
11,215
9,26 4
........
Jan 1 to Fob. 2 9 ..........................
22,7.10
25,348
Laeted* Gas-L. Jo.. .F eb.....................
68,053
........
66,107
Jan. i to Feb. 3 9 ....
............
148,695
150,471
Mexican T elephone..Jan.
8,093
8,93.5
3.673
4,543
Mar. t to Jau. 3 1 . . , .
101,917
06.293
41,027
49,015
Oregon I m p . Co.a ..Jan.
241,208
262,878
11,513
20,942
Deo. 1 to Jan. 3 1 ___
161.533
539,772
7.0J4
42,835
Pacino Mail................ Jan.
303.471
336.563
33,911
23,494
May 1 to Jan. 3 1 ..,. 34 90,6 03 2,967,502
629,414
351,132
T»nn- Coal l. ,* R R .,.F eb................ . . .
4 ).8 7 5
31.416
Jan. I to Feb. 2 >...................... .
92.S73
175,831
Western On* Co.—
Milwaukee U as-L.Co.Fcb.....................
........
36,121
33,118
Jan. 1 to Feb, 2 9 ..........................
94,5 19
81,293
I n t e r e s t C h a r g e e a n d S u r p l u s .— T h e fo l l o w i n g r o a d s , in
a d d it io n t o th e ir g r o w a n d s e t e a r n in g s g iv e n in th e f o r e g o i n g ,
a ls o r e p o r t c h a r g e e f o r in te r e st, .S c ., w ith t h e s u r p lu s o r d e iic it
a b o v e o r b e lo w th o se c h a r g e s .
^ I n te r 't, ren ta l*, S t , - , e -B a t, o f S e t K a m i
1806.
Bond*.
S
Bangor A A roostook Jan.
21.188
© linden A A ttw t to.. Nov.
9,115
Jail. I to Nov. 3 0 ---112,299
Ohio. Burl.A Quincy.,Jan.
839,000
Chicago A B a.t III*.. Oct.
83.018
Jttfy 1 to O c t 3 1 ....
415472
Ohio. At West Mjob .Jsa,
33,772
CSev.Ctn. Ch. A 34. I, J.m.
232,3*1
July 1 to Jan. 3 1 ..., 1,656,530
Peoria A Eastern. Jan.
36,802
July I to J ,t. 31 . . .
257.012
h eaver A RIo Gride, Jan.
178,208
J n l y l t o Jan. 31 . . . 1,355,270
Oet. Lane, A N or.....J an .
29.551
Dnlntb A Iron Ran ns—Jan 1 to Nov. 3 0 , , . .
277.773
Flint A Pera M »rq...D eo.
49,5.32
Jan. I to 0 *o, 3 1 ___
810,217
Kanawha A SItc>»... ,Jan.
10,0:17
July l to Jan. 3 1 ...,
71,565
1895.
S
a
1896.
*
16,946 def.2,709
11,109 def.16,314
11 0^ 30
1*8,939
8 7 2 ,9 5 5 '4 cf.9 6 ,675
9 4,627
105,577
220,2-10
402,220
32.143 def.202391
2 12,904
9.72 4
.
1,655,095
5*2,886
30,802
5.177
2.57.612
45.291
197,384
13394
1,404.377
701,447
20,918 def.24,159
46.865
a i u .i u i
10,232
73,180
1815.
138
dcf.23,225
1*29,229
l it 160,493
36,659
55,150
def.30,729
1,323
355,757
def. 3.237
def.2.386
19,482
414,040
dof.23,345
941,833
drf.144
1,013
36.913
31,950
•111 •def M (I7
543
e-Inter'st, rentals, d-r.-s r-Bal. o f S et E a rn s.-,
1806.
18*3.
1.390.
1895.
Eoails.
$
$
$
$
Kan. C. Ft. S. A M ... Jan.
114,586
103,072
1,944
657
July 1 to Jau. 3 1 ....
807,129
779,189
6 S .U 2
91.130
Can. 0. Mem. A Blr . Jan,
13.963
11.223
13.416
9.629
Ju ly 1 to Jau. 3 1 ___
9 7 .‘»7G
7 8 .6 )2
75.072
59.085
57,971
E. Erie A West’ll____Jan.
57,937
81.381
58,886
Lomsv. N. A. A C b..,Jan.
9.5,364
84,331 def.34.5 40 def.53,445
Ju ly 1 to Jan. 3 i ___
592,630
881,011
108,983
def.343
Nasiu*. Chat A St. L . Feb.
’
1*21,113
135.031
21,257
10,302
July l to Feo. 29 . . . 1,031.639 1,014,152
401,050
271,171
Pitts. C. C A St. L. ..F eb.
26 1 ,9 )3
263,320 ilef 37.718 (1^.59,389
Jan. 1 to Feb. 39___
5 46,293
521,734 <lef.2.3.733 d e l.59,263
Rio Grande South. Jan.
14,349
I .I ll
July 1 to Jan, 3 1 ___
99,63 1
69,033
.... ...
Sag. V alley >k St. L ..Ja u .
3,557
3,557 daf.2,732 dol.2.275
St. Louis A lt A T.H.Deo.
140,131
*34,435
6.857
29,518
Jan. 1 to Dec. 31 . . . 1 413,364
10 *,395
17*f,23 t
1413,933
July 1 to Dec 3 1 .... 1221,3)9
1216,734
100,516
131.343
San Fran. A No. Pao.Peb.
17,129
17.233 del. 1*2.077 8ef.9.930
Jan. 1 to Feb. 3 4 ___
34,2 a 8
34.463 def.28.910 d e l.30.030
July 1 to Feb, *29----137,032
137.86 4
23,194
53,898
Tenn. Coal I, A R R . Feb.
47.93 4
49.735
33.563 d «f.6 .9 «0
Jan. 1 to Feb. 2 9 ___
95,768
10 L435
80,063 def.15,560
folectis & Ohio Cant.. Jan.
33,901
40,023
*6,535 *dcf 3,791
July t to Jau. 3 1 ___
273,590
841,592
*132.17 4 *2 .7,828
Toledo Poo. A W est. Dec.
20,521
20,105
def.55 4 d e f 6,235
July 1 to Dee 31 ..
122,116
110,638
16.736
10,063
West Jersey A Bra .Nov.
18,412
16,*230
1,541
2,805
Jau. 1 to Nov. 3 0 ___
*270,629
23 >,302
153,688
177,247
* A fter allowing fo* other Income rood r e t.
I T h «i« eh i* :e * are slmptv tor t ir e s an l rentals o f leased Uno 1 and
d o not Include non,! Interns*.
I lite r ailuwlug for tralHo guaranty from 1C C. Ft. Soott A M emphis.
.
S T R E E T R A IL W A Y S AN D T R iC IT O N
O O U P A N IE S .
T h e fo llo w in g ta b le s h o w s th e g r o m earning.* f o r th e la t e s t
p e rio d o f all s t r e e t r a ilw a y s fr o n t w h ic h w e a r e a b le t j o b t a in
w eek ly o r m o n t h ly rot u rn s. Tat? a r r a n g e m e n t o f th e ta b le la
the sa m e as th a t f o r th e s te a m r o a d s —th a t is, th e first t w o
c o lu m n s o f fig u re s g iv e th e g r o s s e a r n in g s f o r th e la te s t
w eek o r m o n t h , a n d th e la st t w o c o lu m n s th e e a r n in g * fo r
STREET
G »o*a
E in s ix a s ,
RAILW AYS
A YD
TRACTION
Luttmt Bros* Earnings,.
Week o r Mo 189 5 -6 .1 19 9 1 -5.
S
#
3,237
3,561
24.270 19,027
1,257
1,022
5,6 6'
5,25*
9.383
7,032
21.07* lO.Otfi
19.970 15,883
115,311 158,778
17,833 22.702
COM PANIES.
Ian. 1 to L a test D a te,
1885-0.
*
1894-5.
*
Amsterdam S t .R y ...;January.
8,357
3,504
Baltimore t W e ito o .., 2d wk Fob.
115,772
Bath St- tty. IN. Y > Fcbniars^ :3 f ;
2,132
Bay CIUi* Conan)— 'February..
12,608
11,343
Binghamton S t R y... iFotmutry,.
19,150
15,08 4
Bridgeport Trantt.in, February..
12,974
34,838
Rroektoa One,at. R y .'February..
39.6 !7
32,836
Brooklyn Height* ... Fobruary..
650.103 325,379
Hriklyn Quern* A Sub,February,.
07.343
46,133
B rooklyn T raction— i
Atlantic A v e .. . . . . . December. 70.68? 80,532 829,026 9 4 2 .7 6 5
5 965
Brooklyn 8 . A W. E. Deoenibcr
•1,963 146,075 120,888
total . . . . . . . . *„ I ft n a a f? ,.. 82,795 44,59 I
82,795
44,599
Budiilo Rv . — ........ ! B eoem ber. 16 1.7*9 132.872 1,711,163 1,536.294
Central Trae.i Pitt*b.) [February.. 11.181, 12,4 83
2 8 ,9 7 3
2 6 ,1 6 7
Cheater T raction------Fobruary.
12.270
8,701
21.767
20,097
Chle. A 80. Side R If.'F eb ru a ry . . 60,116: 59,706 125,966 123,060
Jla. Newport A Gov.. J unitary,.. 46,700 39.433
46,700
3 9 .4 J 5
City Eton. (Kutne.Ga.) February..
2,792
1,341
Cleveland City R y .,,. J a n u a ry ,.. Hl.BOji 72.64
81,002
72,616
Cleveland E le c tr ic... F ebruary.. 118,077 95,831 211,385 1 9 9 ,52 7
Columbus K it (O n .).. December,
41.271
2.34
3,121
27,000
Columbus St. Ry, (O.i 2d wk Mar. 11.656, 10,3.17 120,151
107,172
Cbuoy Island A B 'lyn. February.. 10,313 24,11.1
5 1 ,2 4 9
*0,801
Denver Coo. Tramw, February.. 31,901 4 9,0b I 106,-Ul 103,69 7
Doiby Street R y ........ Septeinb'r.
7,610
3,795
Detroit K y.................... January... 35,13*!
Datum St. R y ,.,........ 'Jan uary...
15,8 U/s 15.703
15 810
15.703
Erie Elec. M otor C o..'F eb ru ary,. 10,-871
8,590
21,100
18,192
1,195
t lushing A College P b Jan n a ry ...
1,195
Galveston City Ry. . . December. 15,794 17,211
216,271 1 9 9493
Heatonvlite M. A F.—
Arch S treet...............December. 49,829 29.492
R a w Street................Dot«nil)er
10,265
3,172
60,014 31,664
T otal...................... December
511.193 303,394
*51 ...........
IToosick tty................. February..
1,009
Houston City St. B y .. Decem ber. 17,77b 18,*81)
Interstate Con-el. o f
North A ttle b o r o ..., F ebruary..
8.430 ............
1 6 ,1 9 2
Lake St. Kiev. i CiiU January... 52,955 44,679
m
5 >,6 5
44,679
Lehigh T ra ction ......... F ebruary..
9,113
18,716
Look R aven Tr.n-.thni December.
1.520
4,703
Loralo St. Ry. — . . . January...
4,570
" i',5 7 0
4.705
Lowell Law. St H » v .. February.
24,132 20.475
52.857
44,015
Lynn A Boston. . . . . . . : *»t wk M ur 19.710 19,131
1 9 * ,r 7 179,970
idetrop.lK.tns.nCiryi lib wk Feb 3 . 1 5 ■ 29,431
234,437] •227,182
Montgomery 8t. Ry Fobruary..
3.402
7,1501
2,82'
6.330
Montreal Street Ry.. ! February.
87,391 69,923 182,451
140,833
Nswlmlie St. B y........ December.
27.710 26.170
Newborg E le c tr ic ,... November,
3,918
3,504
New England St,—
25,741
28.292
Wlne.h»*ter A w — :February.. 13,029 13,031
P lyn fth A Kingston F obruary..
1,49,
3,031
3,409
1,808
35,1184
T ota l........ ......... ...L it wk Mur
3.738
3,528
Now IJaveu&Centr « v. .1aim ary...
4,620
4.62b
«
2.495
27,3 H
I
Now H aven 8t, Rv. ...F ebru a ry.. 12,660 10,3 4)
22,970
New l.oioioii St, R y .. February.
2.280
4,7i 8
3,101
2,415
New Orleans Traction jJ unuarv .. 103,329 91,0*4
105,329
91,014
N. Y .A H a rlem .. . . . . . Dooember
1,015,076 1,106,017
Nonhum pton St, tty.
(M as*.)— ................F
’ebruary..
0,419
3,742
13,0311
8,077
Ogdenabiirg8t» R y .. January. .
1,059
............
1.059 ............
Paterson R y .,............ February.. 83,142 16,125
15,478
35,396
Pitt*. Frtmienao *
Sun.Elec Kv.lKan.) February..
1,314
2,711!
Portsmouth St R y. ..D ecem ber.
36.75 4
2,595
Po'keep»i«. a vv.cpp f j itim ery...
5,445
5,4 Ift
Roanoke Street..........February.
2,50
1,783
3,191
4,214
Keelieeter Ry.......
February.. 67,99) 56,289
l to,9 0 tla.233
7,2 51
Solmyiklil Traction.. !February,
5 ,1 1* 1 15,084
10 1113
t»• 1
<
dehuyikiii vai. True. Deceiiioor
3,165
4.120
>.7*2
THE
544
G ross
Ea r n in g s .
Qorauton T ra ctio n —
S econd A v e. (P ittsb.)
S iou x City T ra ction
S teinw ay R y ................
8 tre a to r R a ilw a y . .
S yra cu se C o n s o l........
S yra cu se E’ st-S ideR y
S yracu se 8t. R R .........
T erre H aute E i'c. R y
T hird A v e . (N . Y .) .. .
T o ro n to R y ..................
T w in City R ap. T ra n .
U nion (N. B e d fo r d )...
U nion R y . (S aginaw ).
U nited T ; a t (P roy .)
Unit. T ra c. (R eading)
U tioa B elt Line...........
W akefield A s to n e —
W aterbury T ra ction ..
W h eelin g R a ilw a y ..
W ilkesb. & W y. V alley
W ilm ington S treet. ..
W orcesrer C on sol.......
Latest E a rn in g s R eported. IJan. I to L a test Dale.
W etk o rM o ]
February..
F e b ru a ry ..
January...
F e b ru a ry ..
February..
F eb ru a ry ..
February..
F eb ru a ry ..
J a n u a r y ...
J a n u a r y ...
F e b ru a ry ..
F e b ru a ry ..
F e b ru a ry ..
D e c e m b e r.
J a n u a r y ...
F e b r u a r y ..
D ecem b er.
F e b ru a ry ..
F eb ru a ry. .
F e b ru a ry ..
J a n u a r y ...
D ecem b er.
J a n u a ry ...
1 89 8 . 1 1 895. I
24,429 1G?U 0
30,5*23 15,361
6,606
0,491
19,190 13,016
888
991
10,5 20 13,708
2,689
22,248
9 ,8 4 2
7,909
12,819
198,752 185,580
73,468 G2,4S0
145,061 134,896
14,544 10,726
9,8
131,579 lie ,8
8,899
12,014
*9
4
2,993
19,232
12,180
38,858
3,092
35.834
2,404
16,588
8 .970
28,4 46
2,900
3 0 .' 93
1896.
#
49,9 14
6 2 ,7 4 ‘.
6,491
39,628
2,120
21,613
5,316
44,426
12,819
198,752;
147,845
3 0 3 ,97 4
29,1 29
127,61 >
131,579
24,2 65
161,836
6 ,2 2 1
1
40,7 38
2 3 ,6 5 6
38,853;
3 5 ,8 3 4
1895.
$
35,9 45
31,5 37
6 ,6 0 6
2 8 ,4 8 0
1,827
29,3 77
*21,073
7,909
185 ,58 0
132,997
2 86 ,92 7
22,9 33
116,849
19,454
1 4 9 ,10 4
4 ,937
3 3 ,8 3 0
18,6 42
23,4 46
30.093
Street Railway Net Earnings.— Ia 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 case 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 month) we bring all the roads reporting together,
as is done to-day.
■ Gross E a rn in g s.— w------Net E a r n in g s .
—
1896.
1895.
1 89 6 .
1 895
&
$
Roads.
$
*
428
16
A m sterd am St. R y ..J a n .
3 ,5 6 4
3 ,2 5 7
1,022
370
d ef. L02
1,257
B ath S treet R y ......... Feb.
2 ,6 7 9
461
d e f.1 9 3
2,132
J an . 1 to Feb. 2 9 . . . .
859
5 ,2 5 9
1,328
5,681
B a y C ities Con s o l . ... Feb.
2 ,8 0 4
3 ,0 7 5
12,608
11,343
J an . 1 to Feb. 2 9 . . . .
9 ,3 8 3
7 ,0 3 2
3,282
495
B in gh am ton St. R y ..F e b .
6 ,4 5 0
15,0S4
1,738
19,1 50
Jan . 1 to Feb. 2 9 . . . .
3 ,1 2 1
21,271
6 ,5 7 3
B rid ge p o rt T ra ct’ll. Feb.
16,6 58
15,2 97
8,495
4 3 ,1 6 7
35,4 33
Jan . 1 to Feb. 2 9 . . . .
5 ,2 2 6
19,9 70
15,683
B ro ck to n C on .S t.R y .F eb .
7,338
3 9 ,6 2 7
32,8 36
13,458
11,391
J an . 1 to Feb. 2 9 . . . .
82,7 95
44,5 99
3 ',5 6 0 def. 11,728
B ro o k ly n T ra ctio n . .Jan.
162,749
87,7 13
1 32 ,87 2
Buffalo R ailw a y....... D ec.
8 3 7 ,04 0
6 7 9 ,65 3
Jan. 1 to D ec. 3 1 . . . , 1 ,7 1 4 ,1 6 3 1 ,5 3 6 ,2 8 4
12,270
8 ,7 0 4
4 .4 5 1
5 ,9 1 0
C hester (Pa.) T r a c t ..F e b .
24,7 67
2 0,0 97
12,554
10,216
Jan . 1 to Feb. 2 9 ----60,1 15
17,141
Chic. & So. Side R. T . Feb.
59,7 06
17,955
125,986
1 23 ,06 0
2 9 ,4 7 9
J an . 1 t o F eb . 2 9 ___
40,7 87
4 6 ,7 0 0
3 9 ,4 3 5
Cinn. N ew p . & C o y .. Jan.
12,118
8 ,1 7 1
1,344
221
C ity E ie o .( R om e, G a.)F eb.
2 ,792
Jan . 1 t o Feb. 2 9 ___
446
....
O ity& S u b .R y. (Balt.)* Jan.
16,588
7 ,2 6 3
4 0 ,6 3 7
3 0 ,4 9 8
C levelan d E le c tr ic ...J a n .
3,121
2 ,3 4 0
1 ,2 0 2
C olum bus R R. (G a .)-.D ec.
41,2 71
Jan. 1 to Dec. 3 1 . . . .
2 7 ,0 0 0
4 6 ,1 8 8
2 0 ,4 2 2
ColumbusCO.) St. R y .F eb .
4 0 ,2 5 3
1 8,6 45
9 7,6 10
Jan . 1 to Feb. 2 9 . . . .
4 4 ,8 0 5
8 5 ,8 9 7
3 9 ,8 0 7
51,9 01
D en ver Con. T ra m w ..F eb .
4 4 ,0 0 1
2 0 ,3 6 7
1 7 ,5 1 6
106 ,44 1
Jan . 1 t o F eb. 2 9 . . . .
1 0 3 ,6 9 7
3 7 ,3 1 7
4 0 ,6 8 6
D e tro it R a i l w a y 1 1 3 ,7 3 8
N o v. 1 to J an . 3 1 . . . .
4 2 ,9 2 0
D u lu th Street R y ....J a n .
15,8 40
1 5 ,7 0 3
6,765
5 ,3 7 5
15,7 84
17,211
G a lveston C ity R R .a .D e c .
3,817
6,143
Jan. 1 to D ec. 3 1 —
2 16 ,27 1
1 99,133
75,1 91
6 7 ,7 2 6
H o u sto n C ity St. R y.D ec.
17,7 76
18,489
6 ,7 7 6
8 ,5 5 L
Inter-S tate C onsol. Street
R y. (No. A ttleb ) ..F e b .
8 ,4 3 0
516
Jan . 1 to F eb. 2 9 ___
1 6 ,1 9 2
........
965
L ake St. E lev .(C h ic.)Ja n .
52,855
2 2 ,1 4 2
4 4 ,6 7 9
1 6 ,4 9 0
9 ,1 1 3
Lehigh T r a c t io n ..a ..F e b .
1 ,952
Jan . I to F eb. 2 9 ___
18,7 16
6 ,0 3 8
J u ly 1 to F eb . 2 9 . . . .
8 4 ,3 0 0
3 7 ,7 8 2
L o r a in (0 .) Street R y.J a n .
4 ,5 7 0
4 ,7 0 5
84
37
L ow ell L a w r’ oe & H . Feb.
26,1 32
20,4 75
7 ,9 7 2
1 ,9 2 7
J an . 1 to Feb. 2 9 ___
52.8 57
44,0 15
14,728
5 ,5 5 1
L ynn & B o s t o n ........ Jail.
8 9 ,0 7 0
85,2 57
2 2 ,1 1 4
2 7 ,4 8 4
M etrop olita n St. R y . (N.Y
O ct. 1 to D eo. 31 —
1 ,8 3 8,12 2 1 ,4 1 9,55 7
9 1 2 ,10 6
608 .01 9
Jan . 1 to D ec. 3 1 . . . . 6 ,0 9 2 ,6 3 5
2 ,8 1 5,35 1
M etrop ’ n St R y.,K .C . Feb.
124 ,93 5
1 0 7 ,0 5 8
4 2 ,3 1 5
2 9 ,3 2 0
J an . 1 to Feb. 2 9 . . . .
2 54 ,43 7
2 2 7 ,18 2
88,1 91
65,7 59
J u n e 1 to Feb. 2 9 ___ 1,3 4 3,36 7 1 ,2 8 5,49 8
5 6 0 ,9 2 0
4 7 9 ,3 8 9
M on tgom ery St. R y ,.F e b .
3 ,4 6 2
2 ,8 2 5
1,709
1,031
Jan. 1 to Feb. 2 9 ___
7 ,1 5 0
6 ,3 3 0
3 ,323
2,372
N a sh ville Street R y .D e c .
2 7,7 40
2 6 ,1 7 6
11,508
9 ,9 1 9
New burgh E le c tr io R y .—
J u n e 1 to J au . 3 1 ___
7 4 .0 0 2
3 0 ,3 5 3
N ew H a v en St. R y .—
Jan . 1 to D ec. 3 1 . . . .
1 98 ,71 9
1 26 ,18 3
7 4,2 65
5 6 ,6 6 6
N ew L on d on St. R y..F eb .
2 ,4 1 5
2 ,2 8 0
83
305
Jan . 1 to F eb . 2 9 . . . .
5,101
4 ,7 0 8
440
518
N ew O rleans T ra ct... Jan.
106,483
9 2,6 58
49,9 44
3 4 ,1 6 5
N orth a m p ton St. R y .F e b .
6 ,4 3 9
3 ,742
2 ,353
d e f.3 30
J an . 1 t o Feb. 2 9 ___
13,0 51
8 ,0 7 7
4 ,021
d ef.4 6 6
2 2 ,1 1 2
P a terson R ail w a y .... Feb.
1 6 ,1 2 5
9 ,1 4 7
4,671
Jan . 1 to F eb. 2 9 ___
45,478
3 5 ,3 9 6
19,131
1 0 ,9 9 0
P itts. F ro n ten a c & S u b .—
E le c. R y. (K ansas) Feb.
1,314
599
Jan . 1 to Feb. 2 9 ___
2.711
1 .1 7 9
N ov. 1 to Feb. 2 9 . . . .
5,431
2,228
P ortsm ou th S treet R y . &
L tg. C o....................... Dec.
2,595
1,200
J an . 1 to D ec. 3 1 . . . .
3 6,7 52
2 0 ,2 2 0
P ’ k’ ps.C ity AW . Falls. Jau.
5 ,4 4 5
1 ,2 3 3
S ch u y lk ill T ra ct io n .. Feb.
7,251
5 ,1 1 8
3,091
796
J an . 1 to Feb. 2 9 . . . .
1 5 .0 8 2
10,9 43
....
[V O L . L X I I .
R O N K V L E .
R oads.
S cra n to n T r a c t io n ...F e b .
Jan . 1 to Feb. 2 9 ___
J u ly 1 t o Feb. 2 9 ___
S iou x C ity T r a c t ’ n . ..J a n .
T erre H a u te E lectric.D ec.
J u ly 1 t o D ec. 3 1 ___
T h ird A v e .K R (N .Y .) Jan.
T oron to S treet R v .. . Feb.
Jan . 1 to Fel). 2 9 ___
Tw in C ity R ap id Tr. Feb.
J a n . I to Feb 2 9 ___
U nion S t.R y.(8ag*w ) D e c ..
Jan . 1 to Deo. 31 . . .
NVaterbur/ T ra ct’n ...F e b .
J an . 1 to F eb . 2 9 ___
W ilkesb. & W y. V a l.. Jan.
W orcester C o n s o l___Jan.
—Gross E a r n in g s .----- « ,----- N et E a r n in g s .----- ,
1896.
’
1895.
1896.
1895.
s
$
S
B
$
11,3 48
3 ,8 8 9
1 6 ,4 4 0
2 4,4 29
2 3 ,1 3 0
9 ,1 9 7
4 9 ,9 1 4
3 5 ,9 4 5
6 6 ,1 5 2
U O ,6 8 7
173 ,86 1
2 1 8 .4 4 4
1 ,1 0 4
6 ,606
478
6 ,1 9 1
3 ,6 6 3
8 ,3 5 4
11,6 02
3 4 ,6 5 2
6 0 .3 3 6
8 3 ,5 /7
1 8 5 ,58 0
6 0 ,0 0 0
4 7 ,0 0 0
198 ,75 2
6 2 ,4 6 0
3 0 ,7 2 8
2 3 ,4 2 8
7 3 ,4 6 8
6 1 ,9 6 7
5 0 ,8 8 3
1 3 2 ,9 9 7
1 47,845
134,896
7 5 ,6 7 8
6 6 ,9 4 9
145,061
1 59 ,38 9
1 4 3 ,9 0 3
2 8 6 .9 2 7
3 0 3 .9 7 1
4 ,0 0 8
9 .8 2 7
5 8 ,6 6 0
1 27 ,61 7
16.5 88
8 .0 1 7
19,282
3 3 ,8 3 0
1 7 ,3 3 7
.............
40,7 38
2 8 ,4 46
2 0 ,4 2 3
1 1 ,0 9 1
3 8 ,8 5 8
5 ,121
3 0 ,0 9 3
6 ,2 6 0
3 5 ,8 3 4
a N et ea rn in g s h ere g iv e n a re a fte r d e d u ctin g ta x e s,
b N et ea rn iu g s h ere giv en a re b e fo re d e d u ctin g ta x e s.
* In clu d e s L a k e R o la n d E le v a te d R a ilw a y .
I n t e r e s t Charges a n d S u rp lu s.—The following S t r e e t
railways in addition to their gross and net earnings given in
the foregoing also report charges for interest. Sea., with the
surplus or deficit above or below those charges.
R oads.
B uffalo R a ilw a y ....... D ec.
Jan. 1 to D e c. 31 . . .
D e n v e r Con. T ra m w .F eb .
Jan . 1 to F eb . 2 9 ----N ew b u rg h E le c tr io R y .—
J u n e 1 to Jan . 3 1 ___
W aterb u ry T ra ct. C o .F e b .
J an . 1 to F eb. 2 9 . . . .
1896.
$
45,848
5 2 7 ,51 3
17,8 70
35,6 73
20,3 33
3,158
6 .3 1 6
ANNUAL
1895.
$
4 6 8 ,9 1 7
1 7 ,3 9 5
3 4 ,7 9 0
B a l.
1896.
$
4 1 ,8 6 5
3 0 9 ,5 2 7
2 ,4 9 7
5 ,0 1 3
1 895.
$
2 1 0 ,7 3 6
121
2 ,5 2 7
1 0 ,0 2 0
4 ,8 5 9
11,021
REPORTS.
A n n u a l Reports.— The following is an index to all annual
reports of steam railroads, street railways and miscellaneous
companies which have been published in the C h r o n i c l e since
the last editions of the I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p
plem en ts.
This index does not include reports in to-day’s C h r o n i c l e .
R ailroads and M iscel . Co's.
R ailro ad and Mis c e l . Co ’ s (Con.)
V olum e 62 Page.
V e 62—
olum
Page.
American District Telegraph....... 230 Maryland Coal Co...... .................. 455
American Soda Fountain............ 275 Mexican Central............................ 315
American Str&w Board................ 317 Missouri Pacific.............................. 497
American Tobacco............
317 National Lead............................... 362
Baltimore Chesapeake & Atlantic. 274 National Linseed Oil ................... 275
Bangor & Aroostook................
454 Northern Central.................
361
Canadian Pacific...... .............. 315, 501 Oregon Railway & Navigation Co. 220
Central RR. of New Jersey....... . 360 Pennsylvania R R......................
453
Central Vermont.......................... 315 Philadelphia & Erie...................... 316
Chicago & Alton........................... 359 Philadelphia & Reading............... 360
Chicago St. Paul Min. & O............ 410 Philadelphia Wilmington & Balt.. 229
Choctaw Oklahoma & Gulf........... 183 Pittsburg & Western .............
454
Cincinnati Hamilton & Dayton__ 182 Quincy Mining Co......................... 362
Colorado Midland.......................... 182 St.Louis Merchants’ Bridge Term’] 362
Columbus Hock. Val. & Toledo__ 182 , St. Louis Vandalia & f. H ............ 273
Commercial Cable Co.................... 412 South Carolina &
Georgia............. 274
Consolidation Coal of Md .. ..
317 Southern N. E. Telephone............ 318
Delaware & Hudson Canal — 228, 410 street’s Western Stable Car Line.. 275
Delaware Lackawanna & Western 228 summit Branch &
Lykens Valley.. 500
Diamond Match............................. 317 Terminal RR. Ass’n of St. Louis... 499
Edison Elect. Ilium., Brooklyn. 184, 229 Trenton Potteries ....................... 317
Edison Elec. Ilium, o f N. Y... 184, 361 United States L eather................ 411
Erie Telegraph & Telephone....... 275
Street Ra il w a y s .
Huntingdon & Broad Top............ 316
Illinois Steel.................................. 316 Louisville Railway__
411
Lake Erie & Western.................... 360 North Hudson County
411
Lehigh Coal & Navigation............ 362 Sacramento Electric Pow. & Lgt.. 4
11
Louisville Evansville & St. Louis.. 499 Twin City Rapid Transit................ 500
Texas & Pacific Railway.
( Report fo r the year ending Dee. 31, 1S95.J
President George J. Gould says in part:
Gtneral Results.— The decrease in earnings is almost
wholly due to an exceptionally poor cotton crop, both in
Texas and Louisiana, the bales of cotton moved in 1895 being
455,649, contrasting with 672,336 in 1894, and the revenue
therefrom 81,071,490 against $1,414,199 in 1891. While cot
ton averages but 8 per cent of your total tonnage it is a
product in the transportation of which your company derives
its largest revenue. The cotton shortage has been partly com
pensated by the largest corn crop ever produced in Texas, and
by a greater movement of cattle.
Your company ends the fiscal year practically free from
floating debt, with its line in better physical condition, both
as to roadbed, structures and equipment, than at any time in
its history, with its earning capacity enlarged by additional
facilities tor carrying on its business, and with the promise
of a very prosperous future. The things that particularly
offer encouragement are the gradual and steady increase of
population along your line; the marked increase in its local
business; the growth of commercial industries in it 3 territory,
and consequently the steady growth in its earning power.
The wisaom of the conservative policy adopted bv your
management in devoting, during the past few years, "all sur
plus earnings to the development of the earning capacity and
improvement of the physioal condition of your property has
been.’f ully demonstrated during the past short crop-year. It is
within bounds to say that if such policy had not been carried
out your company would have closed the year burdened with
floating debt and with its earning power greatly impaired.
Denison < Pacific Suburban.— To avoid threatening litiga
&
tion, growing out of a contract made some years ago, an
THE CHRONICLE
March 31, 189«.J
agreement was entered into by your company in May last to
build a line of road from a point three miles east of the town
o f Sherman to the town o f Denisen, in all, with sidings,
about 93< miles, citizens of Danison donatiag the satire rigat
o f w ar'an d ample terminals for the purpose. The line was
built under a suburban railway eharcer (Dmisoa & Pacific
Suburban Ry.), and is now open fur truth • Tne entire captital stock and a first mortgage lien of §100,010 oa the prop
erty will be placed ia the treasury; the beads will be guaran
teed by your company.
Trackage to El Paso.—The road from Sierra Blanca to El
Paso, 0‘2 miles, is owned oy the Galveston Harrisburg & San
Antonio Ry. Co. (Southern Pacific), and ia operated j >in ly
under contract of lease,
your company paying as
rental 8 per cent on §10,000 per mile and one-half the cost
of maintenance and taxes. This arrangement involved dur
ing the past year a total outlay of §308,659. It is a question
whether it would not be beat to build our own line into El
Paso, which we could do at comparatively light coat, the line
being already graded, and with ’a mileage considerably less
than the present line.
Automatic Couplers, Ete —To complete by Jan. 1, 1891,
the equip neat of your rolling stock with air brakes and au
tomatic couplers, in compliance with the law, on the present
basis of cost, would involve an expenditure of about §259,000.
Financial OonrlHion,—The financial condition of your
company on December 81 was most satisfactory. It closed
the year entirely fres from floating dab:. Daring th- year
the 'following were canceled: Data tad notes, 8150,000; car
trust notes, $111,149; total, $361,149. In addition there were
pure has -l for the miintenancs of the property and pail for
in cash: U,7?§ tons of steel rails, with fastenings. §-*11, 415,
800 box car-, $1,51,700, amounting to a total o f $438,113,
Maintenance, Etc .— As to maintenance the report nays.
Darios? the y e a r 983,755 ero**-Ues and 430 seta o f switch-ties
w ere placed In the track, .soil about the same number will be required
daring 1898. The
placed nailer taa track t u n a * the year,
m ostly in gravel and cioiU rs. aggregated about 83 « U m .
545
1895.
1194.
L ia b ilities6
$
Capital stuck............ 33,710.903 33,710,909
Bonds & list, scrip ..
5l.T25.59S 54,221.204
Eflttlumeot n o te s ...
213,254
821,403
Vouch. & pay-rolls..
518,927
529,220
Int. due end accrued
23 1,37 i
221.17*
Other a cco u n ts. . . .
176.225
t2 7 t .3 H
tocom e aoeount. . . .
930,042
325,610
Total liabilities. 95,055,794 95,112,8*8
1S93.
1892.
$
$
33.710,903 33.710,900
31,2 51,831 54,2*6.397
*35,552
332,900
537,6*7
797,214
213,029
217,309
1135,890
779,153
5 57,301
30,206
95,230,156
securities.
i fn 1304 includes 31 50,0 90bills pavah e ; in 1391 31 00,0)0 and In
1891 #323,230. - V . 60. p. 523.
N o r th e r n P a c ific R a ilr o a d .
f Corrected statement fo r years 1S9I-1S95.J
Accompanying the reorgsnization plan, which ia given on
subsequent pages of this issu-, is included in the pamphlet
document a c irrected statement of toe earnings and charges
for each of the las live years and the annual average for the
same o riod From this corrected s a t-n -n t tie following is
taken for the fiscal years ending June 8 ), 1895, 1594 and 1891.
Ann'l arge.
fire years.
-
Fiscal y m ren d . J u n e3 0 — 1895,
1894.
1891.
1891-95.
Mileage Operated...........
4,409
1,163
1,222
4,103
Orass earnings—
9
$
8
S
Freight,.* misnereutl------- 13,210,699 11,565,445 16.910,100 15,190,039
till eou-trpettoa.......
............
37
621,062
142,1*24
. 3,3 0.442 4,136,332 6,000,*91 5,276,131
l*,.-s«ug>.r ............. ..
Mail, expres- And raised
873,790
345,385
932,831
925,166
17.41U.930 16,517,2 9 2 5 .l5 t .5 4 * 21.513,000
1 M U V H X H . 11 0.12 011 oiO A O T j l3 5 lU 3 9
Vet earn in g ................ 6,115,298
Opemttng charges—
551,716
Kent, o f traeksAiid term . . 9.1-1,767
O theroperating oharxos
96.562
T a x e s .....................................
1,731,009
9,781.252
8,031,931
465.335
977,40*
*00,595
1,133,069
459,892
1,107,773
19,313
Durant (ho past three years there baa
a redaction of wooden
bridging of af.-iiut 18,000 feet, or thteaenj «n« halt mil**, at a cost
Total operat. charges.. 1,597.015 1,443,709
tn 1895 of fl?..'>07 There w a s a net saorea-s in side tracks and sours
during 1898 of 9 miles. 1,980 feet. There still remain* a IAtm Amount S et Income from traffic,, 4,513,353 3,237,3 SO
I W e l l M a M i Incom e ex
of new M imm that could be readily developed by laUdouiy Discing
<sta*lv».of land sale#...
*97,304
010,229
spur tracks os tti.lt .loo The amount of new fnaelns • JWtrurU-d
during <b« year was 351 mile*, maktwr a ter*!
far imoetructed of
. 5,134.132 3,744,081
1358 miles of single fencing, or 779 mile- of line fenced oa both sides.
Tb» track yet la Iran I*: Main track, 12s mile*; branches. 23 ml--,
P. RR. m ol'd In operat
During the year your comp say purr based, for cash. £1,7*73 tons of
ing vharsi--s as Above
822,915
833.001
75-lb. steel rails, saffietent to lay loo miles o f track. T o com plete the
laying o f the enure line la steel It will require mu addition o f about
Statistic *.—The comparative statistics of operation*, earn
ings, income account, and the general bkUace sheet, for four
years, have been compiled for the CuaoMCEB as follows:
orxuAtio** axd m e At, u w u i .
1895,
O ysnstU m * -
PA»»«»*ers carried.
1994.
1 ,4 3 9
1.493
t ,037.795
P assenger m ile a g e ., 65,015*8*4
2-53 ct*.
1,92s, #3*
ProlstntftonAjimovm ..............
fTelghtutroaiiiiM ’ ge ,* * i. 189.449
A v . rase. p. ton p. m.
1-11 «{*.
Earnings—
3
Kate v. pass, p. mile
P##*8«ger________
PrelfJit ..................
1,659,930
4,914. slid
*40,733
MaU, crpress,CP:-.
1,037,155
70.081.558
1,107,449
71,4*7,398
t -ta eta,
9
1 .7 0 1 ,9 2 0
5 ,1 9 4 ,5 1 0
450,883
1-16 ete.
*
1.410,264
5,039,413
475,611
Total earning*..
7.015,300
7.353,013
7.334.2U2
1,293,083
409,735
3,522,28:9
1.741.504
212,223
162,7117
1,101.803
* 15,813
1,573,601
1,474,21*
199,41V
•204,485
1,123,475
409,91 i
1,009,42*
1,875,99 i
2.-3,007
T o ta l..........
S et earning*.......
P. c op. ex. io
5,4110.661
8.499,92-4
1 ,8 6 3,18 9
74*08
5,421.5211
1,912,763
73-12
1,614,6*3
70-98
199 ,22 9
(SCO.W ACCOOUT.
E
itseefpts—
S e t Murntfig*..........
Other receipt*____
Total ioew ne . . .
DithurMEJmni#-~
R.mt$kl* m mm&sim.
Infer*#* no band*..
1,174.144
71,149,015
1,700,972
1,935,143
2,03.*,531
1,425.412
83,877
1.270,4-0
182,033
109,277
X,379.460
3 3 ,t; i
314,907
91,127
1,270,-190
131,819
84,955
1 ,2 7 -ia O
304.421
1893.
UBSEBJU, n a t i v e * At CUM* O f IU<1H riSCAt TEAR.
1803.
1892,
$
.to. 80,747,37 4 80.350,422 80,986,103 89,839,789
N. r> fie. RR. stock 0.712.500 6,712,500 ...713,500 0,712,500
.
K R „m d 'K * .«q
MI«oell«n. Account*.
Total m m U .
157.500
790,401
*67,554
4,119,999
9,493,173
7,801,615
Ho rr„—L o«»>-4 fo r years 1891 to 1894, under leases o f W isconsin Cen
tral Co. (Including i’ hirago A X. P, RR,), Seattle hake Shore & Eastern
RR. Co., and p .« e t Sound A Alaska 8S, Co., are not deducted la this
-u r « m . nt
- V . 02, V. 503,
Dnlon Pacille Denver St Unit Kailway.
(Report fo r the year ending Dee. 31, 1895,J
report.
Trackage Agreement with Denver & Rio Grande.— As to this
agreement the receiver says :
tinder contract o f I n m 2 .1 9 8 7 , this oom panr w w paying to the
Denver « Rio lirand*) $185,000 p e r .inmira. Under orders o f Court
27>a B llee «1 read w ere cooM raeted au.I opened forbu slae** oh Aug
10, 1095, tliH new arrangem ent with the Denver A Rio Grande
going into cireot on that date. Under the new contract the rent» t f..r 50-65 (Diiea o f road from Pueblo to W alsoobarg la flxed at
015,000 per annum for the period of the reoalyershlp, with an option
In favor Of the -ur-ce-.or oompany, which m»v by raorgxni*itlon t ike
* Settlement la attit o f fk>, Pm. Co. under Gould- Huntington eonsr w t awl fadamants la salts prior to reorganteatlon.
Dme tram agt*., t o .,
lewd m tm menus..
P ,W
3 1 5 ,0 )0
&
P .R R ..I, part
' 5,657,433
uecesaity ia still felt for the 6 locomotives mentioned in last
1,913,703
117,760
5,788,3.89 *5,783,161
5,782,549
5,778.069
137,459
303,323
185,310
955,204
88,492
103,181
137,104
213.452
168,317
136,809
203,327
102,537
1,0 ,'2,263
117,281
202,479
101,249
137,782
349,359
151,12*
311.3-59
87,493
173.266
981.855
8,209,199
Receiver Frank Trumbull says in substance :
Colorado Central f ’ouponv.—Interest on Colorado O n trtl
0,997.701
bonds, aggregating $331,160, was paid 83 io the previous year,
1,175,855 thus preventing possible dismember meat of the system.
415,11! Coupon maturing January 1, 1895, was paid Feb. 10, 1895,
1,671.568 and coupon maturing July 1, 1895, was paid Oot, 2, 1893,
1,052.5 «
Equipment.— Daring the your 1893 were purchased 400
193.265
22 s,5 37 freight oars, 33 of which have been charged into expenses, to
recoup depreciation o f equipment on account o f cars de
5,674,209
stroyed. The total coat of new equipment was §170,133,
1,309,492
of which $62,448 remained unpaid December 81, 1893. which
81*26
amount, however, has since been reduced to $42,693. The
T ot. diabwnm'M 1A40.OOO
1*666,909
1.503,430
1,509.809
B alance.................... #nr.l5*,972 *nr.2«4,335 #ur.527,09J ilof.l t3.457
B ond* o w n e d .. . . . . .
D eo. & £*»<?, 3«b. Ry,
Gordon coal mine. .
Materials, fuel. Sic..
Cask an hs®4 .
1,024,058
45 1,090
1892.
9
1> 39.4 92
115,920
1894-
m Above)............ . ....
1,919.020
4,718,685
1894,
0
1,863,109
71,951
1895.
857,791
7,301,3*4
1
I d oti
*
1-095.
#
1,61 1.0*0
86,32*
B x lta eca i m t f *... . . .
1,078.528
9,265,510
rechl by X. v. RR. Inch
In Oilwei, lneomoaect.
1.199
2 41 css.
3 '35 ot*
2'5d ofe.
1.749.428■ ■ 1.790.095
..■
P i.....
1,380,697
4 3 5 ,4 3 4 .5 1 4 4 8 1 .0 0 7 .4 3<1 4 1 5 ,4 1 7 ,4 1 0
M ai#tcn *n cp »f way
Malisten're » f B-tr*.
M otive power, ___
Tran* jm n a tio n ,.
T a x es....................
Uo m n l __ ......
O perating ts p en ses—
1892.
1983.
1,499
1,594,264 1,515,378
8,186,988 0,416,553
. 5,972,18 4 4,007,499 10,289^574
9,0 o0 ton*, which sbtmld be pitrebssM during the ousting year.
Miles operated.......
95,114,114
Cousins o f T ex is -fc lhioittc second m ortgage h in d s, $1,763,000:
§3,951,000 Urs*. inortiTA-re Howls h e ll to retire ttsK m art rage B jstern
Division bonds and T exts School Rand loan aud #63,339 other
959,0*3
04.371
101,027
95,055,79* 9-7,113,852 95,230,158 93,114,11*
over this property to continue the «*rno arrangem ent for ten years
thereafter, if it desires to do *o. The r .'ill. o f connecting up this
' fim o»oy‘» broken lines north o f Trinidad, and oomDieting the same
to WnDoutourg, baa therefore bc-n the saving o f about *350 per an
num per mile of road used, and a gross annual saving In rental of
*100,000 from August. 16, 1895.
Receiver's Certificates, Etc.—Under the orders of the Court
above referred to, receiver’s certificates were issued to the
amount o f $300,000, dated May 1, 1898, and payable three
years after date (or before by giving three months notice),
bearing interest at the rote o f 0 per cent per annum. These
certificates were all outstanding D member Si, 1893. but it is
hoped that the income for the year 1896 will be sufficient to
retire part and that all may be’ canceled by .July 1, 1897,
Physical Condition.—The physical condition of the prop
erty has been much improved during the year. Steel rail
was laid as follows; 36 lb.. 10*44 m ilei; 70 In,, 15*83 miles: 63
lb,, 7*19 miles; total, 33*49 miles.
THE
546
CHRONICLE
[V ol . LXII,
1895.
Betterment;', aggregating §110,306, were made during the
E a rnings—
*
year and charged into operaiing expenses (including $62,- P a -se n g e rs
....................
............. ..... .......... 10,214
403 87 for rail) and additions to the property, aggregating F re ig h t.....................................................................................2 2 1 ,6 7 6
$24,080, were charged to improvement account. Outside of M ail, e x p re ss, e t o ............................................................... 2 5,2 42
the steel rail above mentioned, the most significant items of
T o t a l................................................................................. 3 1 7 ,1 6 2
betterments are: New fencing, 96 62 track miles, $17,445; O p eratin g e x p e n se s an d t a x e s ................................... 2 0 5 ,3 7 6
Fountaine River bank protection (dykes), $10,640; the numN et e a r r in g s .................................................................. 1 1 1 ,78 6
her of cross-ties laid in track during ihe year was 257,739; the ,
D educt —
estimated ri quirement for 1896 is 232.500.
In te re st on b o n d s .................................
1 6 ,0 0 0
Statistics —I h e financial results for fcur calendar years R e o r g a n iz a tio n .................................................................
6 ,0 0 0
Im p ro v e m e n ts .................................................................... 6 2 ,5 3 0
were as follows:
1893.
1 ,(0 3
$
5 9 9 ,85 0
2 ,6 8 8 ,1 7 7
2 (2,935
1892.
986
$
7 5 3 .8 9 7
3 ,1 8 1,08 5
20'*,259
.3 ,0 9 1 .4 * 6 2 ,« 4 7,0 56 3 ,5 1 0 .9 6 2
,.V, 472,189 2 ,4 0 1,06 8 3 ,1 2 5 ,3 0 0
4 .1 3 5 ,2 4 1
3 ,3 7 5,06 3
4 4 5 ,98 8
2 2 ,5 8 3
3 -5 ,6 0 4
4 7 ,1 5 0
7 8 3 ,1 7 6
7 6 0 ,1 7 8
8 3 ,8 7 4
3 7 9 ,4 5 5
6 44 ,17 3
4 68 ,57 1
1 ,2 1 6,23 0
1 ,2 2 3,50 7
D ed u ct—
In terest on b o n d s .............. '3 3 5 ,1 6 0
In t on reeeiv . c e r ts ............
2 4 ,0 8 0
R e tals ....... ..............................................
D is co u n t & int-. A m is c e l........................
*335 ,16 0
2 1 ,5 3 0
14,6 55
1 ,2 1 7,87 7
1 ,2 1 9,02 7
1895.
987
A v e ra g e m iles o p e r a t e d ...
$
. 55 ,523
P a ssen g ers.................
.2 ,3 3 9 ,9 7 7
F re ig h t......... ...............
. 193 ,98 1
M ail, e xp ress, e t c . . .
. 6 1 9 ,9 9 7
.
2 4 ,8 8 6
In co m e from ln v est’ ts.ete>
G u aran ty a e o o u n t ...
............
..
T o t a l................................. 3 5 9 , i4 0
S u r p lu s .................................... 2 3 4 ,9 3 3
P ro fit o n Ft. tV. & D .o p e r ’ s .............
1894.
1,000
$
4 4 7 ,1 6 1
2 ,1 8 5 ,4 2 7
2 1 4 ,46 8
4 ,4 8 0
cr. 1,646
- Tills Is in teres t o n C olorad o Cent, b on d s on ly .
—V . 6 2, p. 366 .
1894.
$
5 8 4 ,1 8 6
2 ,1 8 6 ,0 1 9
1 2 7 ,5 1 4
1S93.
$
6 4 1 ,7 6 7
2 ,2 6 9 ,3 3 4
1 3 0 ,1 1 7
T o t a l......................................... 3 ,5 5 5 ,4 9 7
O p era tin g exp en ses an d ta x e s ..2 ,0 7 6 ,4 2 6
2 ,8 9 7 .7 1 9
1 ,8 0 2,33 8
N et ea rn in g s ..............................1 ,4 7 9,07 1
Deduct—
D iv id en d fu n d ..................
7 8 6 ,9 7 6
In terest on b o n d s .......................... 3 1 1 ,4 9 5
Fund fo r ra’ t’ n ’ n ’ ce o f o rg ’ n
1 0 ,0 0 0
R e n ta ls ...............................................
2 7 ,6 9 9
1 ,0 9 5 ,3 8 1
9 31 ,31 4
7 8 6 ,9 7 6
3 2 2 ,9 9 5
1 0,0 00
3 0 ,8 6 2
7 8 6 ,9 7 6
323 828
10,< 0 0
36,301
1 ,1 5 0,83 3
d f.5 5 ,4 5 2
3 ,0 4 1 ,2 1 8
2 ,l t 9 ,9 0 4
L ia b ilities.
F irst m o rtg a g e b o n d s .. $ 500,000
S tock (c o m m o n )............. 2 .^ 4 9 ,4 0 0
S tock (p re fe rre d ) .......... 1 ,3 2 4 ,5 0 0
Cash a c c o u n t s ................
3 8 .4 * 8
6 ,8 6 2
C o n tin ge n t a c c o u n t ___
9 5 ,8 5 4
In com e a c c o u n t ..............
T o ta l a ss e ts .................. $ 4 ,6 1 5 ,1 0 5
- V . 5 7, p . 341 .
T o ta l lia b ilitie s ........... $ 4 ,6 1 5 ,1 0 5
Cumberland Valley Railroad.
Earnings, Etc — The earnings, expenses and income account
(entire line) fer 1898, 1894 and 1895 weie as follows:
EARNINGS ANI) EXPENSES.
1895.
.$ 3 0 7 ,5 9 9
.. 4 9 8 ,2 6 4
..
8 3 ,2 9 4
L ia b ilities.
C ap ita l s to c k
.. $ 11 ,2 4 7 ,5 2 9
F u n d ’ d d eb t less b on d s
in sin kin g fu n d .........
5 ,9 0 7 ,3 7 0
D u e ou d ivid en d s and
c o u p o n s .....................
2 2 4 ,3 2 7
D u e Pa. R R . on b e t’ m ’ s
17,854
6 1 ,3 7 6
D u e in d iv id u a ls ...........
B a l., in co m e a c c o u n t . 2 ,7 1 1 ,6 3 4
T o t a l.................... ...$ 2 0 ,1 7 0 ,0 8 9
Texas Central Railroad.
{.Report fo r year ending Dec. 31,1895.)
Vice-President and General Manager Chas. Hamilton says :
'I lie decrease in freight earnings was caused by a decrease
of 80 per cent in the amount of cotton produced in the coun
try tributary to the road during the year 1895, The operating
expenses are kept down to the lowest possible limit consistent
with good management and safety*.
O ncrating E xp en ses.—T b c op e ra tin g ex p e n se s and ta x e s in 1895
Include co n d u ctin g tra n sp orta tion , * 3 9 ,7 3 3 ; m o tiv e p o w e r, * 5 4 ,1 7 1 ;
m ain ten an ce o f ears, $ 1 3 ,1 0 7 ; m a in ten a n ce o f w a v, * 6 7 .2 8 5 ; general
exp e n ses. * 2 0 .8 6 0 ; ta x es, $ 9 ,8 2 0 ; tota l, $ 2 0 5 ,3 7 6 . T lie fo llo w in g
p a ym en ts, w h ich a re o u ts id e o f a ctu a l op e ra tin g e x p en ses, w ere m a d e
d u rin g the y e a r : N ew steel rails, $ 2 8 ,2 u 5 ; fa sten in g s, $ 3 ,4 3 8 ; n ew
-teal b rid g es. # 1 1 .8 0 5 ; m a son ry , $ 9 ,1 5 1 ; fe n c in g . $ 1 ,2 5 0 ; lin in g
trestles, $ 2 ,7 6 5 ; b a lla st, $ 1 ,5 1 9 ; n ew eq u ip m en t, * 1 .0 3 7 ; tota l,
$ 6 2 ,5 3 0 . I h e eq u ip n en t la : L o co m o tiv e s, 1 0 ; p a sson ger oars, 13 ;
fre ig h t, e tc., ca rs , v24.
P/msicat Coi d itw n .—A v e r y d ecid ed im p r o v e m e n t has b een m ad e,
and in con sta n tly beiu g m ade, in I he p h y sica l co n d itio n o f the p rop e rty .
D uring the y ea r 1,056 ion s o f new steel rail, to g e th e r w ith fa s 'o n ln g s ,
' were purchased at a oust o f $ 31 ,64 3 . Thom rails w ore n ot rsoe lv o d
durin g the p eriod cov ered b y this rep ort, hut h a v e sin ce co m e to h in d
aud are n ow bein g la id iu the tra ck T w o m iles o f tra ck w ere b alla sted
d u rin g Ihe la tter p a rt o f th y ea r at a o o s t o f $ 1 ,5 1 9 17. In ih e a m ou nt
rhargi d to m ain ten an ce o f w a y is in clu d ed 4 8 ,3 0 0 cross ties, co s tin g
$ 2 2 ,5 5 0 , an a vera g e o f 47 cen ts each.
Statistics — Tne earnings and balance sheet have been as
follows;
1894.
$ 2 9 6 ,5 5 1
4 6 4 ,5 5 2
7 0 ,5 4 3
1 «9 3 .
$ 3 3 4 ,9 3 6
5 0 9 ,4 3 6
7 4 ,9 3 4
,.$ 8 8 9 ,1 5 7
.. 3 2 3 .0 0 9 )
„
8 7 ,8 5 2 (
.. 2 0 4 .4 6 1
..
3 4 ,2 3 8
$ 8 3 1 ,6 4 6
$ 9 1 9 ,3 0 6
4 1 4 ,7 1 6
1 3 2 .7 8 4
2 8 ,2 5 6
5 2 3 ,2 8 8
1 6 5 ,7 6 7
2 7 ,9 8 7
..$ 2 3 9 ,5 9 7
$ 5 7 5 ,7 5 6
$ 2 5 5 ,8 9 0
$ 7 1 1 ,0 4 2
$ 2 0 2 ,2 6 4
. $ 2 1 ,6 4 0
..
1 6 ,5 6 7
6 .9 3 1
. 1 42 ,22 8
$ 2 7 ,6 4 0
2 6 ,2 1 4
975
1 4 2 ,2 2 8
$ 2 7 ,6 4 0
2 2 ,0 5 4
2 ,2 9 0
1 4 2 ,2 2 8
..$ 1 8 7 ,3 6 6
. $ 5 2 ,2 3 1
$ 1 9 7 ,0 5 7
$ 5 8 ,8 3 3
$ 1 9 4 ,2 1 2
$ 8 ,0 5 6
D ed u ctN et ea rn in g s o f M ont A lt o R R ..
' A m o u n t to cr e d it o f p rofit a n d lo s s D ec. 3 1 ,1 8 9 5 , $ 5 2 1 ,9 2 2 .
The balance sheet is as follows:
GENERAL
ACCOUNT
DECEM BER 3 1 , 1 8 9 5 .
A ssets.
C ost o f roa d , e t c ...........$ 2 ,1 0 2 ,1 8 6
C on tin gen t f u n d ............
334,959
48,5 60
M aterials o n h a n d .
C ash................................. ..
1 4 1 ,92 6
D u e fro m a g e n ts...........
9 ,624
Due fro m o th e r ro a d s.
19,148
O ther a s s e t s .. ..............,
95,1 98
L ia b ilities.9
F irs t p r e f. s t o c k ............. $ 2 4 1 ,9 0 0
S econ d p re f. s t o c k .........
2 4 3 ,0 0 0
C om m on s t o c k ..............
1 ,2 9 2 ,9 5 0
F irs t m o r t b o n d s ........
1 6 1 ,0 0 0
S e co n d m o rt, b o n d s .......
1 0 9 ,5 0 0
D ivid. and in t e r e s t ____
3 7 ,Q87
A n d . v o u c h e r s & a c c t s ..
6 3 ,1 9 9
O th er lia b ilit ie s .............
8 0 ,2 4 2
P ro fit an d l o s s .................
5 2 1 .9 2 2
T o ta l a s s e ts ........ ......... $ 2 ,7 5 1 ,6 0 0
— V. 6 1, p . 152 .
T o ta l lia b ilit ie s ........... $ 2 ,7 5 1 ,6 0 0
1 ,1 5 7 ,1 0 5
d f.2 2 5 ,7 9 1
The balance sheet on Nov. 30, 1895, was as- follows :
T o t a l............................. *2 0 ,1 7 0 ,0 8 9
—V . 6 2, p. 503.
1 1 .2 1 3
3 2 ,0 4 4
B A L A N C E SH E ET DEC. 3 1 , 1 8 9 5 .
T otal ea rnings.
( Report fo r tlie year ending Nov. 30, 1895.J
President R. F. Smith says :
The volume of business for 1895 is without precedent in the
history of the property. The tonnage carried reached an ag
gregate of 5,189,510 tons, against 3,928,618 tens in 1894, an in
crease of 1,265,897 tons, or 32*26 per cent. Toe increase in
tons carried one mile is still larger, being 35*56 percent. The
passenger business, although very fair, compares less favor
ably, the increase in revenue being 05*39 per cent. The lessee
reports expenditures during the year for account of better
ments of 8298,741. Mo issues of bonds were made during the
year on this account.
^Earnings and charges are reported by the lessee as follows:
Assets.
R oa d an d eq u ip m en t .$ 1 8 ,6 7 0 ,4 9 5
( ’a s h ...................................
2 7 3 .9 0 8
Fourth m ort. red. a c o ’ t
29,4 36
C on. m ort. sink, F d:
C a sh ...............................
7 8 ,7 8 3
U nited States b o n d s..
2 7 8 ,50 5
L essee m a t e r ia ls a c c ’ f.
2 6 1 .2 ,1
d o sink f ’d r t d . a c c ’ t
5 6 0 ,*‘ f 0
Miect lla n e o u s ................
11,752
6 «7
A ssets.
P ro p e rty a c c o u n t ........$ 4 ,2 2 3 ,9 0 0
B on d s in tre a su ry ..........
2 5 0 .0 0 0
Cash in b a n k ...................
2 1 ,6 0 5
Due fro m R R s. & oth ers.
7 3 ,7 ’ 6
S u p p lies..............................
1,074
W aco term in al p r o p e r t y
4 4 ,8 0 8
Cleveland & Pittsburg Railroad.
T o ta ls ........................................1 ,1 3 6 ,1 7 0
B a la n ce to le s s e e .........................sr.3 4 2 ,9 0 1
1 2 3 ,2 5 7
8 4 ,1 9 7
2 7 ,5 8 9
T o t a l...............................................................................
S u rp lu s.............................
3 ,3 8 0
.lo s s !7 4 ,2 2 9
1895.
E a rn in g s—
$
P a ss e n g er......................................... 6 1 5 ,6 5 8
F re ig h t........................................... 2 ,7 8 4 ,1 4 5
M a il, e x p r e ss , & c ............. ........... 1 5 5 ,69 4
3 1 9 ,1 2 4
1 9 5 ,* 6 7
(Report fo r the year ending December 31, 1895. J
3 7 1 ,3 9 5 1 ,2 1 6 ,2 3 1 1 ,2 2 3 ,5 0 7
9 7 ,1 7 6
..............
............. lo s s t7 4 ,2 2 9
"s ls tfo
S urplus fo r y e a r.
$
1 2 .3 9 0
7 ,8 4 2
5 3 ,9 1 1
J 1 7 ,0 7 0
M is ce lla n e o u s ...........................................................
EARNINGS, EXPENSES AND CnARGES.
1*94.
6 4 ,2 7 3
2 3 0 ,6 0 0
24.2 51
New York & New Jersey Telephone.
(R eport fo r the year ending Dec. 31, 1895.J
The report of President Charles F. Cutler speaks of the
growing needs of the company to meet its growing business.
The total number of exchanges Jan. 1, 1896, was 11,883, con
trasting with 10,102 Jan. 1, 1895. During the year the trunk
line svstem was extended throughout ihe entire length of
Long Island, and hefore the summer of 1896 every important
point on the Island will have telephone communication with
the system throughout the country. The first mortgage 6 per
cent bonds for §875,000 have been paid o(F and §350,000 5 per
cent bonds of 1890 have been sold at a substantial premium.
This refunding constitutes the issue of general mortgage
bonds of 1890, the first and only general lien on your property.
Earnings, charges, etc., have been as follows:
1895.
$
1,4 0 5,88 2
. 855 ,27 5
1894.
$
1,2 5 2.50 9
St 4 ,5 6 7
1893.
$
1 ,1 8 3 ,8 3 2
7 1 3 ,9 4 4
1 89 2 .
$
1 ,0 5 0 ,1 2 5
6 6 7 ,2 8 7
5 5 0 ,60 7
4 4 7 ,9 4 2
4 6 9 ,8 8 8
3 8 2 ,8 3 8
6 5 ,3 3 2
3 5 ,4 4 7
5 ,7 2 5
2 1 5 ,1 2 5
6 9 ,6 9 9
27,6 03
5 ,7 2 5
1 9 0 ,1 9 0
7 6 ,5 2 0
2 0 ,8 9 6
5 ,0 9 7
1 5 2 ,1 0 0
7 6 ,9 3 2
1 8 .3 8 9
4 ,9 7 0
1 5 2 ,1 0 0
. 3 2 1 ,6 2 9
2 28 ,97 8
2 9 3 ,2 1 7
1 5 4 ,72 5
2 5 4 ,6 1 3
2 1 5 ,2 7 5
2 5 2 ,3 9 1
1 3 0 ,4 4 7
D ed u ct—
T a x e s ........................ .....
R eal esta te in terest, e t o ...
.
—V . 6 2, p. 503.
RESOURCES AND LIABILITIES.
Resources.
P r o p e r t y ........................ . $ 4 ,7 9 4 ,3 3 6
E q u ip m e n t....................
R eal e s t a t e ................. . .
3 2 6 ,4 4 2
M a t e r ia l........................
12 9.400
E x ch a n g e a c c o u n t s ..
1 7 6 ,56 1
Hundry a c c o u n t s . . . .
180 ,91 7
T rea su ry s lo c k ...........
4 0 0 ,0 0 0
T reasury b o n d s ...........
1 5 0 ,00 0
C a s h ................................
56,8 43
T o l a '............................
Liabilities.
C apital s t o c k ................... $ 3 ,5 0 0 ,0 0 0
G cL era l m ort. b o n d s . . . 1 ,4 3 0 ,0 0 0
Real e sta te m o r tg a g e s .
1 14 ,50 0
Bills p a y a b le ...................
5 0 ,0 0 0
V o u ch e rs ..........................
2 2 7 ,4 4 6
S u n d ry a c c o u n t s ...........
2 1,3 05
A ccru e d in te re s t...........
11,791
U nearned ren ta l, e t c . ..
1 0 2 ,2 3 1
R e se rv e d f o r d iv ’ ds . . .
7 7 ,5 0 0
Surplus, D e c. 3 1 ,1 8 9 5 . 1 ,066,548
T o ta l................................ $ 6,6 0 1 ,3 2 1
M a r c h 2 1 , 1 8 9 6 ,]
v /
T H E (J H K 0 N 1 C L E .
Brooklyn W harf & Warehouse Company.
(Report fo r the year ending Jan. St, 1896 J
517
= ___ j Harvey, T. Edward Hambleton, James L. Mol. tue, William
’ A. Fisher and D. Fahnestock, with John M. Nelson as Secre
tary, 9 South Street, and Brown & Brune as Counsel. This
Referring to the figures below, Presi lent Thoi. A. McIntyre committee announces that it has consented to act at the
request of the Johns Hopkins University, the financial insti
8T n L showing is considers! a~ vary satisfactory, in view tutions of Baltimore, ami other o f the largest security holders,
of the conditions that have prevailed during the year. The and that it proposes:
company was under great disadvantages during the first
(l.| To aut for the stockholders uni all tbe bondholder* of the sys
three or four mouths because it did not h ive control of all its tem, omitting none: and to eill for the deposit of these securities
,
property. We have been able to institute many economies, when, la its iadgni-n1 it may he niu-essary to do so.
i2 To seek to preserve the integrity of ilte
but most of them did not tike effect until several months that,) under proper tuanng-ment and by suchsretem. It is believed
e meessious as mav be
after th-- company had been organized, and for that reason necessary, the property eau, in a r.sus«iiaH* iim-», be restored to it*
our profits for the next year will be largely increased from iormer prestige without affecting its chtrier rights.
. t.l i'« represt-nt !u nnv titigatinu the imorest* of nil the bond and
that source. Statistics snow that this company has received
stockholders whose secnritic* may be deposited nmler siioU agreement
more than its full share of the business o f this port.
as may be considered most desirable.
The physical condition or the property has been well
Ex-Judge Wm. A. Fisher is representative of 39,000 shares
maintained, and manv betterment! an l increased facilities of stock owned by Miss Mary Garret'. The Johns Hopkins
have been a Wed. Aa contracts have expired uniform rates University holdings consist of $1,000,000 of the first pre
have been made and in Untamed. Eso .-Meant rates would ferred. A majority of all the stock is owned in Baltimore,
only invite harmful competition and criticism.
buf the bonds are less largely held there,
After a year’s clo,e attention to the business I have more
the New York Evening Post says: The impression has
confidence in the enterprise than ever. With business at the gained ground that the New York committee will recommend
lowest ebb in the great m ljority o f the departments, we have assessments on the stock, and consequently the Baltimore
been able to more thin earn our fixed eh trges. Toe slightest [ < »mmittt?e, ia its desire to protect the stock, may be regarded
5
improvement in the general business of the country would as being in that sense antagonistic. The original committee,
very materially increase our earnings.
as a matter of fact, has as yet come to no decision, even a
raOFir »st> t.o»» account tk i s (s s m s g s e b . 1 st , 1898.
j tentative one, concert iug the probable a non H of the assess
rer-ripw from storage, raefriaoillM saatl grain, w h a rfments. It is even now awaiting the completed report of Mr.
age. rent,, etc ........ ....................................................... . $1,675,037
L'ttle before going ou with Us work.
B rp ea **.. lnatodiiiv rente, tabor tniuraer : 00* 1, ga* re
pairs, oWee .at trl-*. tax-.-, ilrM u tot
v. and All
Major Shaw*, chairman o f the new committee, is quoted as
other general expeo*,:s, iueindlog it->pm‘l»tl an o f tools
saying: "Our purpose is solely to protect the interests of tbe
an d u ia e iiloerr, e t c . ........ ............................................—------------634,.140
millions of Baltimore & Ohio securities held in Baltimore,"
S e t ea rn in g * ............................................. .............................. .. f t ,0 2 1 ,1 6 7 a main object of the committee being the prevention o f fore
In te re s t o n b au d * . . . ............... ........................................... ..............
So0,o.*o closure and sale.—V. 82, p. 455.
Boston Terminal Co.—New York New Ha Ten & Hartford
Balance, rarplu* for year,
.................... ................ *121,1(17
lilt.— Boston Sc Albany—New Engltud ItK,— Jld Colony
R lLAXCI s h eet a**- 31, 1696A u tl* —
lilt. —New Union Station— Tue bill introduced in the Mass
1
Cash at bank and *lwn u d lo a n s.— ..........................................
#731,077 achusetts Legislature to incorporate th* B wton Terminal
Open accoun t*............................. .................. ...... .................. .
1.006,3-47
Company to construct a great union passenger station in ths
frtrsU are, nature*. «>*>!» and tnaefitoury....... ........................
Beat estate, but-dings, plant, e t c ...................................... ...... . 28,019.000 southerly part of Barton provide* that the' B wtaa & Alba ay.
New England, Boston & Providence, Old Colony and New York
Total
........................ ..................... .......... ........................ 9 :»,3i0.3*:»:
New Haven ,t Hartford RR. Companies m iv each hold oneletctbU llitt—
O im* * cvowm * pavaM e .......................... ....................................
*317,199 fifth tbe capital stock, and shall pay as rental in monthly in
Blest m ortgage bonds ............ ....................
1 ,000,000 stalments, arid in proportion* to be determined, sums in the
Capital stock (»cc. 8 u rrU t* «.* T .................... .....................
12,500,000 aggregate, sufficient to pay all taxes, expenses of mainte
221.107 nance, interest on bonds and I p»r cent m t ie cipital atoik
Surplus year ending fe u . 1st, 18MJ..........................................
Total ................. ........................... - ....... -...... .........#-‘9,310.360 of tbe Terminal Oomptny.— V, 63, p. 276, 502, ®3.
V. 82, p. 383.
Brigantine Beach R R .—Philadelphia & Brigantine lilt.
! —Sale and Reorganization .—At Atlantic City, March 19, the
Brigantine Beach RR. was sold to George II. Cook and others,
G E N E R A L IN V E S T M E N T N E W S.
and reorganiz d under the name of the Philadelphia & Brig
■inline RR, Go.—V. 62, p. 456.
Reorganization* I t #.—Latest D*t* ax to D e f a u l t 8e*
Buffalo Ry.— Buffalo Tractton,— Agreement —These com
organitittion. Plans, Pagmcnt o f Overdue Coup)a*. M e ,— panies have made an amicable arrangement by which it iAU lasts o f this nature app >aring tines the nubuc nioa o f the understood the Traction Company in building its lines agree*
l&at homes of the IsvenroRH'and Svaser R ui.w w Stjppi. s - to amend its route so aa no: to parallel the lines of the RiiiU turn may b.» readily found by means of the foil iwiug index. way Company ia many places where new line* are no: abso
This index do * not include matter ia to day’ s Oil toxtcLB,
lutely essential to the completeness o f the Tract! 3n C map toy'*
ZW For other minor eonpanir* see aim index CHROfffCPe system. I a return the Siitway Co npaar will ado v truck t V
F?b. 8. p. 876, and March 7, p. 4SS.
rights over certain portion* of its r o i l to the Traction Com
| 8 a IUU>U> A3TD i t w e e u . C o 's ( C om .)
RM H iOAO* SSI, -Miacxts. C o ’ S.
nany cars.—V. 63, p. 185, 319.
fa g *
Volume Hi Page, i VOt um c 6 2 —
AU.A t'w' !o'eel. lull. I«l, rtcre in i jfm t m I’ misc -. .«««*». SM 414, 1*4
Butte & Boston Mining— Riveir.irx —Judg* Knowles, at
.
I
do
«t« t* ............... . >v, Misioula, Mont., ha* appoint*: 1 J. F. Faroe* and Cup . Cou n
BUttmoro k Ohio.......... .»*#**’» «*<
Coos'*. U j <>*i*»* k 84. lamia.............. «eW : iI
do
•
!-.
Oregon l<npr(Mr«ns»nM>.(..........tom.
■ -S . si ■. ... ....... »V.
receivers of this company. Interest due Mirch 1 remans un
Cape P a u la tm tk ia v»i.*w r*.
t r r ■Or* n r .lt X « » ------ « » » ptrattr* 27*
do ....
..........fC '.v'o paid and reorganizition i* proposed. Tne company hasiist*-.l
I W U tWnwsu. Pa. P x . ....... tom W» 7 6"
•Vntrsi11to.
................colls, 4SS . Ore, shortM ne k CM * .Vo.pian.i'J. 7,-n on the Boston Stick Exchange $5,000,dJO s o c k ( w $ t 5 ) ,
O n tra l W a sh in g to n ............ retry. (*U
< l*«ocia S ca tte r A S n a w ...... retry. :->!
$1,000,000 first mortgage gold 7s, due 1893, interest M. & S .
I -'liras- . D u ............. ........... <*M «. 18»
;
I PfcrtwMpbhia
i e p A is* and $3,500,01)0 consol id tied gold ?*, due 1913, interest A. & O
It-,
111,
..... . entry. :«e
■ ,n. /w a r n s A M w -k ......... m e* , m
Reorganization Committee,—A committee in Boston con
CtsvstaM * 0mmo, Sul r. 1*4,.
1905.
j thltsbonr A Western .....
ttarr. i«S
m « Kt4«tow* fisrton k Oxcwte- •»-ji* M sisting of E Rollins Morse (Chairman). Samuel Carr, Gordon
S
Colam X If'_______ | E '.coup, m l .... 'i ; ...........L %' k » m t* A Kut. ..rtvrg.
C w _____ _____ m
S
B m U te
•I .
Abbott, William A. Gaaton, Thomas Nelson (Secretary), give
Dot. leowslna A N o.. teoio. :*l'e mm: 43d ' Sfe. J m v p b k Q m n e t U U umS
tin
!•i ;* . Ir :« !. t . , ;.. . ...
■
notice to the holder* of first mortgage bonds, consolidated
M lh M M IVIKUipeX ... .. , .
wMU r
m i . U H I i t . teosuxk Han tfnme|Ko...r*<»ybonds, the stockholders and
that an agree
Ft* Worth m Bmvm Ciif
.
IS T<al«dk»St*'tmmi*&. .1C.. .C.... c o..u.p.ik&nL, \*% mortgage been prepared under whichcreditors, of claim* and
0mmml SMimr
V m tta& . . . . . . . . . .
, tm
415
deposits
'tra w l liapid* 4 Indimnn
.m m
sM
<> #o: . . . .
l<
V 5 ment has
*7.
Qtm« B »r W i m m 4 M, f*.m k m ,, u s
securities may be made with the Old Colony Trust Company
Pmctlflf ---------- -.ptmn SIH
iBUrntmumiF
..tellftr? M m .
S4l Vnmx P*dS« l>mv*t *0....r
J
Jmfcmnw. T* p i \ K dVfr .M t f d H , m Untl«.l gt4fc»
T ira
^orecL 15T. 321 of Boston until March 31, 1896.
*
it*MA»CUr * OrasW ------ ferret*. .'.<3
Chicago 3t North srn Puri fie RR -In le.pm lent Reorgatiiznn
S If •■
tu -.i.w A rs.
lion .—The promulgation of the Northern Pacific plan, it t»
ttix-A * Mtsiapm* .
,iu set
lem. *T. * St. U. .rtSit 1 6 . ftrea. 40 B rlg«stn e_a»»rh.......... r,i*g. 438 said, will facilitate ttie adjustment of claim* between tow
8*
............. ..... ..........
l**«l.v. St. 1* A Tet..w>rg. 4ejer.ll C77 Br.,‘ ,SI*n Tn*. ti-.n ........ retry, i l l . ISO
'■ ' .■‘ :
!
■ ■
1 •.
■
........... *. 1.7 company and th» Cnicigo & Northern Pacific, and an'early
1
Homgkds k e„„r . .roup, rail;; p i n 4.J7 I Uamiwmd W bltlng k It Cb. ,r « c r . v>2 foreclosure decree may be e x p :" 1 whioh will be followed oy
----------------7 1
do
do
........... .
...com
■Settle ..................*m r.
V u rtd v a W s.-.-fV r A fv ,„ . s i - . , , 1,7
■nCgrt Wls.i.............reevr «U a plan of reorganiz uiofli lb-* u:st ptrngraph of the Njr.u>
> . V. IVnn v i1 ik ..r e U I I I . re r. IVT .
H
t.iile T r o c ti-.o ..............
ern Pacific plan provides tu tm- following words for ttie
BfroramStrw* EK . rrtm. * rcorg
N o rfo lk * W e ste rn
lio n <1 1 ,
abandonment by that company of Chicago a* a terminus :
Albany Hy.—XcwStock .—The stoekhol ler* vuted Saturday,
"First.— The abandonment of Cuioig ) as the oa*tero ter
March It, an increase of $500,000 in the capital Mock. This minu* and the inn tatvon of ths railway oa the east by m :
will make the total capital $2,000,000*—V. 82, p. 181.
Mi**isdppi River an l the Great Lake*.
‘ •Tne t>md* and «t • ka of the Cbicag >& Northern Pxcift;
American II -11 Telephone—.V-w Htwk, —T h; directors have
r
voted to submit to the stockholder* at the annuil meeting o f Railroad Company and tbe Cbic&g < & Gatumet Company, >
the company, March 31, the question of increasing the capital their successor com pni**, r-m n si >g us Nlrth.-ru Pacific
asset*, will he disposed of whe i tb *y can he sold advantage
tt’oek of the company to an amount not named.
Patent iyuit. —The Berliner patent case is to be argued before ously and their proceed* applied to the benefit of tin property."
the Sftptcme Court October Id. The company exports tbe de* - V . 02, p. 413.
ct.»ion of the Court of Appeals in favor of 'he Belt Telephone
Chaetaw OkUihoraa & Gulf RR. — Stock ia place of
Company will be sustained.—V, $2. p. $1».
Bonds—The Philadelphia Ledger m f s : " Tne rvtvut wva *
•
Baltimore k Ohla R # .—Biltitnori Rrorganimtion Com nes» in Ch'ictaw shares and securities is due to rum or* oi t
mittee.—A committee ha* been tor aed ia Bit i n ire to repre* proposed i**ii3 of new preferred stock, to bagiven in nschaag?
— st all the ***cu■111 ■ of the s**;..'in 1 consists of Alexin* for 2-5 percent of the outstanding general mortgag* 5*, whic.i
* *
der Sh»w, Chair m in; C. M
..no i 8 - v»rt, JohaO dl. i. ft. the holder* may lie asked to surrender to th*< treasu-y of t i •
548
THE OHROJYiCLE.
company. It is also proposed to ask the income bondholders
(#1,087,(500) to surrender their holdings to the company and a c
cept preferred stock for the bonds. The exchange of preferred
stock for about 25 per cent of the $4,141,000 outstanding gen
eral mortgage 4s will reduce the fixed charges about $00,000
per annum. It is also proposed to retire the car trust certificates of the company, which mature at the rate of $50,000
per annum. The company intends to extend its line about
12 miles to make a connection with the Kansas City Pittsburg
& Gulf Railway.”— V . 62, p. 183.
Cincinnati Lebanon & Northern H R .— Cincinnati Jackson & Mackinaw R y .— Extension.—The recent purchase of
the Cincinnati Lebanon & Northern, it is said, was made for
the Middletown & Cincinnati Railroad, which operates a line
from Middletown to Middletown Junction, 0 ., 15 miles,
crossing the Lebanon road at Hegeman, near its southern
terminus. It is presumed that the two roads will be used as
a Cincinnati connection for the Cincinnati Jackson & Macki
naw Road, when the latter shall have been extended, as pro
posed. from Franklin to Middletown, a distance of 10 miles.
— V . 62, p. 502.
Cincinnati & Miiskingnm Valley R y .— Coupon Payment.
— Coupon No. 34, for six months’ interest, due January 1,
1888, upon the first mortgage bonds of this company, will be
paid at the banking house of Winslow, Lanier & Co.. No. 17
Nassau Street, New York City, on presentation, on and after
April 1, 1896.— V. 61, p. 151.
City £ Suburban Ry. ( Baltimore).—Guaranty — The fol
lowing is the guaranty endorsed on the Lake Roland Ele
vated first mortgage bonds:
F o r va lu e receiv ed , th e C ity & Suburban R a ilw a y C om p a n y h ere b y
gu aran tees u n con d ition a lly th e p u n ctu a l p a y m e n t o f th e prin cip a l
and in terest o f th e w ithin b on d a t the tim e an d in the m an n er therein
specified , aril cov en a n ts in d efa u lt o f p a y m en t o f a u y part th e re o f by
the o b lig o r to pay the. said p rin olp a l a n d iu terest o f th e w ithin b o n d
as the sam e shall b e co m e due u p on d em a n d o f th e h o ld e r tn e re o f.
[Signed by President and Secretary.]—V . 62, p. 413.
Columbus Hocking Valley & Toledo R R .—Annual Meet
ing.— At the fifteenth annual meeting on Tuesday directors
were elected as follows: Three years— Samuel D. Davis,
New York; Thomas F. Ryan, New York; C. B. Alexander,
New York. Two years— W . A. Mills, Columbus; Calvary
Morris, Cleveland ; James W Ellsworth, Chicago. The fol
lowing hold over: Calvin S. Biice, Hon. James Kilbouroe
and P. W . Huntington, W . A. Mills succeeding Mr. Waite as
director. Samuel D. Davis is First Vice-President. C. B.
Alexander Second Vice-President and W . A, Mills General
Manager. The office o' president will remain unfilled for the
present. The advance statement of earnings for the y eir
1895 was in the C h r o n i c l e of Jan. 25, page 182.— V . 62, p. 413,
Florida Midland Ry .— Sold in Foreclosure.— This road was
sold in foreclosure March 2 to M. E Bishop, of Orland, Fla.,
for $25,500. L .O . Garrett, of Boston, also bid for the property.
—V . 61, p. 470.
Grand Rapids £ Indiana R R .—Reorganization Plan —
The C h r o n i c l e is informed b y the company that no plan of
reorganization has yet been formulated, and that none will
probably be offered to the security holders until after the
sale, which will take place within a few weeks.— V . 62, p. 502.
Houston City Street Ry.— Date o f Foreclosure.—The fore
closure sale has been ordered for May 5, the upset price being
$100,000.— V. 62, p. 277.
Indiana Illin ois & Iowa RK.— Earnings 1895.— At a meet
ing of the board of directors htid March 2 the following re
port of earnings for the year ending| Dec. 31. 1895, was sub
mitted : Gross, $766,690 : net, $226,876 ; intereston first m ort
gage bonds, taxes and rentals, $87,622 ; balance, net income
for the year, $139,253, The usual 4 per cent interest on in
come bonds was declared. There are $457,500 incomes out
standing.— Y . 60, p. 748.
Iowa Central R R .— Option to Subscribe.— Stockholders of
the old Central Iowa who paid their assessment have the
option till April 1 of subscribing to their pro rata share of the
stock of the reorganized company which was' not allotted
in the reorganization, owing to failure on the part of some
holders to pay their assessments. The sale of this stock has
heretofore been prevented by litigation.— V . 61, p. 467.
Kansas City & Northern Connecting R R .—Increase o f
Stock.— The authorized stock has been increased from $1,000,000 to $2,000,000. The company was organized last June by di
rectors of the Kansas City Pittsburg & Gulf road, which con
trols the existing Kansas City Suburban Belt road.
Lehigh Valley R R .— Veto Car Trusts— Brown Brothers &
Co. have placed an issue of $1,000,000 5 per cent ten-year gold
car trust certificates secured by $1,200,000 worth of new cars,
the contracts for which were placed late last year. Part of
the cars are now in service and the remainder are being de
livered as rapidly as possible. The annual report (C h r o n
i c l e , Jan. 18, page 134), referred to this issue.— V . 62, p. 414.
Long Island Electric Ry.— Franchise Granted.— A fran
chise has been granted to this company to run tracks through
Far Rockaway. This is understood to complete the franchises
necessary to enable the running of trolley cars from the Brook
lyn ferries to Rockaway Beach by way of Jamaica.
Marietta £ North Georgia R R .— Re-sale—Judge Newman
has ordered this road to be re-sold, the Tennessee end at K n ox
ville on April 23 and the Georgia end April 25, provided the
Atlanta, Knoxville & Northern Construction Company does
[Voi,. L X lI.
not make the second payment of $157,500 before April 15. The
upset prices and all the conditions of sale rem tin as pre
scribed in the decree of Oct. 10, 1895, except as to time and
apportionment of proceeds. The sale is to be made for the
account of the construction company, which will be held lia
ble for any shortage arising from toe difference between the
two sales and the expense of advertising.—V . 62, p. 502.
iMetropolitan Traction (Chicago).— Franchise Asked for.—
This company on Monday applied for a franchise to authorize
the building of an underground railway in the territory from
Twelfth Street to State Line.
Metropolitan Traction— Metropolitan Street Ry. (N . ¥
City.) — Quarterly.— Earnings of the railway company for the
quarter and the six months ending Dec. 31 were :
3 mos.
Gross
end. Dec. 31. earn 'gs.
18‘J 5 .............. $ 1,8 3 8 ,1 2 1
1 8 9 4 ........ 1 ,4 1 9 ,5 5 7
6 m ontns—
1 8 9 5 .......... $ 3 ,3 7 0 ,5 4 6
1 8 9 4 ............ 2 ,7 8 6 ,3 8 9
—V. 62, p. 2 78 .
Net
ea rn 'gs.
$91.2, L<*5
6 0 8 ,0 1 9
Other
incom e.
$ 38 ,L 56
5 2 ,0 0 6
In terest,
taxes, tic.
$ 5 9 2 ,8 0 6
5 0 3 ,0 5 0
B a la n ce>
su rp lu s.
$ 3 5 7 ,4 5 5
1 5 6 ,9 7 5
$ 1 ,6 4 4 ,1 7 8
1 ,1 5 4 ,6 4 4
$ 8 7 ,7 4 3
9 8 ,2 1 2
$ 1 ,1 0 5 ,9 3 8
9 6 3 ,0 1 6
$ 6 2 5 ,9 3 3
2 8 1 .8 1 0
Mexico City Street Ry .—Purchase.— The report is con
firmed that American capitalists have purchased the entire
street railway syste n of the City of Mexico at a price stated
to be $7,750,000. Electricity will be introduced as motive
power.
Charming F. Meek, of 841 Broidw ay, New York,
represented the purchasing syndicate, of which Henry H.
Butters, of San Francisco, i3 the head.
Missouri Pacific Ry.— St. Louis Ir.in Mr. & Southern Ry
—Security fo r Oolcl Funding Notes o f 1895.— The securities
deposited io secure these fundiag notes are as follows:
SECURITIES DEPOSITED TO SECURE MISSOURI PACIFIC 5 PER CENT
GOLD FUNDING NOTES.
Capital Stock a n d B onds—
P a r value.
St. L. Iro n Mt. & .S outb. Ry. ca p ita l s to c k . .$ 2 5 ,7 0 7 ,2 7 5
T exa s & P acific R y . s t o c k ..................................
6 ,5 2 5 ,0 0 0
Om aha B elt R y . s t o c k .........................................
7 9 9 ,4 0 0
P a cific E x p re s s Co. s t o c k ..... ...........................
2 ,3 9 6 ,5 0 0
A m e rica n R e frig e ra to r T ra n sit C o. s t o c k ..
9 2 ,9 0 0
B a rin g Cross B rid g e Co. s t o c k .......................
1 5 0 ,0 0 0
A to k a C oal & M ining C o. s t o c k ......................
4 1 5 ,7 0 0
L e x in g to n C oal M ining Co. s t o c k .................
9 5 ,0 0 0
O sage C oal & M ining Co. s t o c k ....... .............
3 i2 ,8 3 3
R ich H ill Coal M ining Co. s t o c k ...................
3 0 5 ,1 0 0
W estern C oal & M ining Co. s t o c k ............ .
9 9 9 ,5 0 0
W at’lo o & C aron. T ’ n p ike & F e r t y Co. s to c k
99,20<»
8t. L.
M iss’ip p i V alley T ra n s p o rt’ ll C o ........
1 7 4 ,' 00
8 t.L . Iro n Mt. & So. R y g e n .co n so l. 5s o f ’ 81.
S ,0 0o
Mo. P a c. R y Co. ls t c o l l a t . os o f 1 3 9 o .............
2 ,6 3 6 ,0 0 0
T o t a l ................................. ............... ................ $ 10,7 36 .4 0 3
V a lu a tio n
t o r p u rp o ses o f
w ithdraw al.
$ 1 2 ,8 5 3 ,6 3 8
9 7 3 ,7 5 0
7 9 9 ,4 0 0
2 ,3 9 6 ,5 0 0
9 2 ,9 0 0
1 8 0 ,0 0 0
1 2 4 .7 1 0
8-5,500
166,416
3 0 5 ,1 0 0
9 9 9 ,5 0 0
1 24 ,00 0
1 3 9 ,2 0 0
7 ,2 0 0
2 ,1 0 8 ,8 0 0
$2 I ,3 6 1 ,6 1 4
SECU RITIES D E P O S IT E D -T G -SE CU RE
IR O N M O U NTAIN
SO U T H E R N 5 P E R CENT G O L D F U N D IN G NOTES.
C apital Stock a n d B o n d s—
A m er. R e frig ’ r T ra n sit Co. ca p ita l s to c k ___
A rk. & L ou isia n a R y Co. ca p ita l s t o c k .........
S t.L .& M iss. V a lle y Trans. Co. ca p ita l s to c k
L ittle R o c k & Ft. Sm ith R y Co. oa p ita l s to c k
L ittle R o c k J u n c t.R y Co. ca p ita l s to c k ..........
Ark. & L ouis. R y Co . 1st m ort. o f 1 8 8 3 .........
St. L. I r o n M t . & S o .R y , gen. co n . 5s o f 1 88 1
W abash R R . 6 p . c. d ebenture bon d s o f 1889
P a r value.
$ 2 8 5 ,1 0 0
5 1 1 ,4 0 0
29.O00
4 ,4 8 1 ,4 O
3 5 6 ,2 40
2 4 0 ,0 0 0
3 5 ,0 0 0
5 ,4 3 5 ,0 0 0
T o t a l .................................................................. $ 1 1 ,3 7 3 ,1 0 0
- V . 6 2, p. 497.
V a lu a tion
f o r jn irp o ses o f
withdraw al.
$ 2 * 5 ,1 0 0
5 1 ,1 4 0
2 3 ,2 0 0
1 ,5 6 8 ,4 9 0
3 5 6 ,2 0 0
2 4 0 ,0 0 0
3 1 ,5 0 0
2 ,1 7 4 ,0 0 0
$ 4 ,7 2 9 ,6 3 0
Nassau Electric R R — Lease.— The Brooklyn Traction
stockholders meet Aoril 4 to act on the proposed lease. The
committee announces that the deposits under the plan are
progressing satisfactorily, more than three-quarters of the
Brooklyn Traction stock having been deposited with the Con
tinental Trust Company, The time for deposits has been ex
tended to March 21.— Y . 62, p. 456,
New York Central & Hudson R iver R R .— Quarterly.—
Earnings for the quarter and the nine months ending March
31 have been reported as follows, March, 1895, estimated.
3 m os.
Gross
en d.M a r. 31. cairn'gs.
$
1896 (est.).. 1 0,4 8 4 ,6 0 0
1 89 5 (a ct.). 9 ,8 3 5 ,8 1 8
9 mos.
’ 95-6 (eat.).3 4 .4 9 3 ,0 0 0
’ 94-5 (a ct.)3 1 ,9 9 4 ,8 6 9
— V. 6 2, p. 278.
Net
First
D iv id 'd s
B a la n ce.
ea rn 'gs. ch arges.
p a id .
s-ur. o r d e f
$
$
$
$
3 ,3 2 9 ,0 0 0 2 ,6 1 4 ,0 0 0 (1% ) 1 ,0 0 0 ,0 0 0 d f.3 l5 7 o 0 0
3 ,0 1 9 ,8 4 2 2 ,6 4 7 ,4 7 8 ( 1 % )
9 54 .2S 3 flf.5 8 1 ,9 1 9
1 1 ,1 4 8 ,0 0 0 7 ,9 2 2 ,0 0 0 ( 3 % )3 ,0 0 0 ,0 0 0 a r.2 2 6 ,0 0 0
1 0 ,6 8 5 ,1 7 6 7 ,9 0 5 ,0 9 3 (3 * 2 )3 ,3 3 9 ,9 9 0 d f.5 5 9 ,9 0 7
New York £ New Jersey B ridge. —Plans Approved.— The
Secretary of W a r having approved all its plans, the question
of financing this enterprise is next in order.— V , 61, p. 925.
New York New Haven & Hartford R R .— Bonds Extended
— The holders of the New Haven & Northampton convertible
bonds have nearly ail verbally assented to an extension for
eight years from July 1, 1896, at 5 per cent, but without the
right of conversion into stock, and the holders sign a con
tract that the conversion right is waived and released, and
the bonds are stamped as follows :
P a y m e n t o f p rin cip a l o f this b o n d Is e x te n d e d t o J u ly 1 ,1 9 0 4 , w ith
in terest a t 5 p e r c e n t p er am uitn, p a y a b le J a n u a ry 1 an d J u ly 1 in
e a ch y e a r, the h o ld e r h a v in g relea sed the rig h t to c o n v e r t th is b on d
in to s to c k .— V. 6 2, p . 503.
New York New Haven & Hartford R R .— Charges to O per
ating Expenses.—President Clark is quoted as saying: From
July 1,1895, to Feb. 1, 1896, the gross revenue of the road
was $2,000,000 greater than for the corresponding seven
months of the previous year. The operating expanses in
creased nearly the same amount, but they include more than
$1,000,000 of charges to offset depreciation. In addition,
THE CHRONICLE
M a r c h 21. 1898.]
549
$3.50,000 is to be charged to the interest account seemed on the two properties. The Duluth & Manitoba road is said to
the orgmal cost of the New England road’s securities. It is be making an excellent showing o f earnings,—V. 59, p. 1104;
hoped that the four-tracking 'will be completed through- V. 61, p. 196.
Stamford by July 1. There still remains the Bridgeport
Nypano HR.—Erie RR.—Securities Deposited Under Erie
problem to be solved.—V. 63. p. 503.
Mortgage.—The reorganization of the Nypano RR. Co., the
Northern Pacific R R .—Reorganization Plan .—The reor successor company to the New York Pennsylvania & Ohio reganization plan published on Monday is given ia full on sub j cently foreclosed, has b sea completed, ami Its $20,000,000 each
sequent pages of this issue. In our editorial columns are I of stock ami bonds has been deposited to secure the new Erie
comments on its leading features, while under the beading j consolidated mortgage agreeably with the plan of reorganizs“ Annual Reports” is furnished the corrected statement of j tion.—V. 62, p. 457, 502.
Oregon Short Line & Utah Northern Ry.—Beorgamssaearnings and charges on which the plan is based. The con
version of the general first mortgage bond- upon the terms : tion— Utah Southern Bonds.—The committee, of which
Alexander H. Stevens is President, announces that on March
set forth is recommended by Htssrs. J .P , Morgan & Co.,
August Belmont & Co and Winslow, Lanier & C o , who j 26 the holders of certificates of deposit for first general mortoriginally issued those bonds, as well as bv the German \ gage bonds of the Utah Southern RR. Go. and first mort
gage bonds of the Utah Southern Railroad Extension will
Committee of General First Mortgage Bondholders.
As regards the Great Northern, the Ives Committee in meet for the purpose of considering the acceptance of their orI ganizition plan published in the Chronicle last week on
recommending the plan says :
“ In view of the prominence given last year to reported ) pages 504 and 505. Aftercareful consideration this commit
efforts to reorganize the property on lines which if followed tee approves the plan and recommends to the bondholders to
out would have destroyed its independence and which would . accept the same.
Reorganization.—A meeting of the holders of certificates
have been unduly severe on stockholders, it is proper io say
that in the present plan every precaution has been taken to for Oregon Short Line & Utah Northern Railway Company
insure the preservation of the autonomy of the company and consolidated first mortgage 5 p. c. bonds and collateral trust
bonds, deposited with the New York Guaranty & Indemnity
to reorganize it on a strictly independent basis.”
Plan Approved .—The plan has been very favorably received : Company, or the American Loan & Trust Company of
and its success is generally considered to be assured, all the Boston, will be held on April G at the office of the Guaranty
leading interests having been harmonized prior to its being Trust Company, 59 Cedar Street, to consider the plan of reor
issued. The Adams Committee and the Stockholders' Pro ganization, which was published in the Chronicle last week.
The reorganization committee of the Oregon Short Line &
tective Committee. Brayton Ives, Chairman, endorse the
scheme, as do also the representative* of a majority of each |Utah Northern Railway Co, g'vea notice to the holders of all
issue of the mortgage bond* upon which the reorgaoiz Uion is Sclasses o f the company's securities, and of receipts issued
based, including the united committee in Berlin. The plan therefor, that the plan of reorganization, dated Feb. 20, has
is further underwritten by a syndicate representing $45,000,- Sieen approved by ail committees representing securities af
000 formed by J. P. Morgan & Co., of New York, and the fected by it Holders of the securities of the company are
Deutsche Bank, of Berlin.
therefore advised to deposit them, or the c-rtiBetties repre
senting them, on or before April 15, that they may be stamped
The Stockholders’ Protective Committee say*:
Tt>«committee b*U«ve tlot thispian Involve* the minimum « f *aorin- -> as -ns-nting to the plat) A list of the several depositaries
ami Is the b«*t that <-»» be curried out under estate* roadittoe*. The : aad o f thesi- jnrl'ie* that should be deposited with each is
tons fixed ahsrtre* and dividend* »ij»a the prefnrrwl etoaSc. ufinr to printed in an adjoining column. Committees representing
dividend* on the common stock, are under the old -company #13.73®,ifS-t, a* compered wish
■proposed under the new company: 1lie con-tnUda’-.i bond* and the c illateral trust bonds of the
arednettoa of ft.i74.10l. which is BCArljf
to (j per e*nt «o the Oregon Short Line & Utah Northern R til way Co. a I vise their
new cawm'-n stock. The tocre-i.**in earning* ol « w *2,000000 J» f constituent* to present their certificates at once to the Guar
debt month* «t the ptccent fl.wial >«»- show* tint the r«*'i > thromtb anty Trust Co., o f New York, or the American Loan & Trust
n
which the road ran* Is growing as ranldly M »uj part of the nountryfnvea ofltaeot manaenmeut. * road equipped so «* to cow pete advan- - Co., of Boston, that they ramv he stamped as assenting to the
tMtemudjr with tt* rivals, and ample fina»<il«l rrooum-v, ssoekhoOter* plan o f reorganization. - V. 82, p. 504.
*ftaut«l have every Inducement to pay |h* a*sei*m eof» acd to Uop-O r e g o n S h o r t Line k O ta li N o r t h e r n R y . - O r e g o n R y .
that they m ay la the tutor.* retrieve to a evtautorolrto extent she
tosses brought on them by p u t m lsaanacem ent.
A Navigation.—Reorganization Plan ,—The Oregon Short
The announcement by the Livingston Committee, repre Line plan published last week provided for payment of the
senting the second mortgage bonds, and by the Ralston Com $1,000,000 assessment called for by the Navigation Company’s
mittee, representing the collateral trust not®*, o f their ap plan on the stock of the Or. Ry. & N. Co. owned by the Short
line. The new Short Line Company will therefore continue
proval of the plan will be found on another page.
Exchange o f Sem m lks, —For convenience the facts em ! to control the Navigation Company through ownership of a
majority of the $21,000,000 capital stock to be issued under
braced in the reorganization plan regarding the exchange of
the latter'* plan. Toe assessment it is stated lias already
old tor new securities are here given in tabu) tr form :
been pai i. —V. 82, p, 508, 504.
•e
Yw #*w
General first mortgage ttood* .
General second mart
batuts
Oeneral third tnertamgs bond*
Dividend eertlflcatM........ .
f’r Hr,, m hrn i'rrt (Jam
.
M
ori, M
ori. S It Tr. lifk Tr.
C
I'ath. }f,U. jim i.'rrlf t. t'trtft.
»* *
* -',, 135% „* «* *
3
50\....... .
ft , llss:
!% ......
%
50”,
se% ......
...... HS">
IT V . ...
1 >*:,
1
6#5*
*4 <3V ......
3
J 7 V Id,r.,
p%
so?; .....
* ioo\ ....
M
OON
Pennsylvania Heat, Light & Power—Third Instalment.—
Stockholders are notified that the third instalment of 10 per
cent, being $3 per share, on the preferred stock, is payable
on or before March 25, 1896.—V. 02, p. 415.
P e o p le ’ s Cable Ry.—Kansas City.—Sold in Foreclosure.—
This property was sold in foreclosure on Saturday, March 14,
and purchased for $185,000 by J, H. Lucas in the interests, it
North west equipment *10 k ...
Depositors or preferred stockia said, of creditors. The name of the real purchaser is with
for payment of a sum equal
to *tO i» r share ... ............
50% 50V held.—V. 60, p. 1100.
.,
Depositors of •-.•m on stock—
m
Philadelphia Reading & New England R B .—Reorganiza
for payment of a sum equal
to #15 per ehtre...
........ t0 ; tion—The Wilson Committee, it ia reported, has notified the
C«i Girard life and Trine Comp ray to discontinue receiving
‘ Parable April 1.1 *»9S: represent* the coupon due Ju ly L 1806.
series A and B income bonds under the plan recently issued,
; v A rabic dO days after the plan shall have imwjb declared oiiera; ive.
and to receive odIv the first mortgage bonds.—V. 83, p. 365,
.Payahie 3 per cent o n May l , 189®; 4 per o »o t on January- 1, 1807.
T
,
Payable at any time, In ih « discretion o f the manager*, on or be
St. Louis k San Francisco Ry.— Tour o f Inspection .—
fore com pletion o f rsorgaaizatlort, with interest at 8 per ca m per an
num from June 1. 1806,
President Ripley, Chairman Walker, and directors Cheney,
Branch Line Bond*. —Holdere of the branch line bonds Oleed, Fowler. Gibbs, Hayes and Morawetz. of the Atchison,
mentioned in the plan are requested to communicate with accompanied by Mr. Alsberg, of Amsterdam, representing
Messrs. J. P. Morgan & Co., New York, or with the Deutsche the “ Frisco" foreign bond interests, are making an inspection
.
Bank. Berlin, giving the amount of their holdings, and stat tour of the St. Louis & San Francisco.—V. 62, p. 388.
ing whether held in bond* or certificates of deposit. It is
San IMpgo Land k Town.—Reorganization.—Mr. B. P,
deemed necessary to consider each case separately, and after Cheney. Chairman of the reorganization committee,, an
hearing from a large proportion of each clans of the bond nounces that the committee, having purchased a majority of
holders. step* will lie taken to arrive at some fair basis of ad the outstanding bonds of the company, under the plan, at
justment. for which general lien 3 per cent bonds and new 95 and interest, will pay the remainder at 95 Milk Street,
preferred stock trust certificates have been reserved.
Boston, interest ceasing March 21,—V . 83, p. 234.
Depoaiiarie* —The depositaries for ail securities are; J. P,
S o n t h e r r , Pacific R R . — Central Pacific R R . — Liable fo r
Morgan & Co., New York: Drexel <t Co., Philadelphia;
5
Deutsche Bank, Berlin, and its branches at Frankfort-on- Taxes in California —A t Washington, March 16. the Supremo
Court, affirming the decision of the Supreme Court of Cali
M«u>: Bremen, Hamburg, Munich and London.
Third Mortgage Bonds —The protective committee repre fornia, held the franchisee capital stock, & c., of these com
senting these bonds considers the plan unduly severe on the panies to be taxable under the laws of that 8 fate. Justices
third mortgage, and therefore calls 3 meeting for April 2 of Field and Harlan dissented.—V, 01. p. 28; V. 62, p, 456.
holders of certificates issued by the New Fork Guaranty &
Tiffin Electric Street M L —Judicial -Stale.—The judicial
Indemnity Company to act on a proposition authorizing the sale of this road is advertised for April 13 at Tiffin, O.
committee to incur expenses against the bands and to deter
T h ir t y - F o u r t h S t r e e t C r o s s T o w n R y . o f N e w Y o r k , —
mine the further action of the committee.
Consolidation —Under this title have been consolidated the
See advertisements on another pagt.—V. 82, p. 503.
Thirty-fourth Street RR. and the Thirty-fourth Street Ferry
N .*ilierii Pacific & Montana R R .-D n la t h & Manitoba & Eleventh Avenue RR. Cos. The capital stock is St,000,000.
KU
L—Eje&minatton o f Property.—The bondholders* commit- The line is operated by the Metropolitan Street Ry,—YL60, p. 83.
tee representing the Northern Pacific & Montana and the
Duluth <v Manitoba are sending a railroad expert to examine
; ^ F o r o t h e r IrtT«*«*t(nent I t e m * #oc* pagi* 3 33 •
.-Oonsofidatcd m ortgage i » « .l - . .
C ollateral tract B ole*............
THE CHRONICLE.
560
[V ol . LXIJ.
Fourth — A m p l e P r o v i s i o n
R e p o r t s
a n d
J J o c u w c u t s .
R
e q u ir e d
the
In
a
S e r ie s
of
Y
for
ears
A
d d it io n a l
for
P roperty and for the G reater
I n c r e a s e d B u s in e s s .
the
D
C a p it a l
as
evelopm ent of
F a c il it ie s
N e c e s s i
tated by an
REORGANIZATION'
OF THE
N O R T H E R N PACI FI C R A I L RO A D C O M P A N Y .
Reorganization Committee :
E D W A R D D . A D A M S , C hairm an.
J O H N O. B U L L IT T ,
LOU IS F IT Z G E R A L D ,
C n ARLES H, G O D FR EY,
,1. I). PROU ST,
J A M E S ST IL L M A N .
E R N S T T H A LM ANN.
C H A R L E S C. B E A M A N ,
A R N O L D M A R C U S,
W M . N E LSO N C R O M W E L L .
S ecretary.
Counsel to the "Reorganization Comm ittee.
In their report of September last, the Receivers state “ that
provision should be made for extraordinary expenditures in
the next five years of §9,000,000, in order to place the prop
erty on an equal footing with its rivals for economical oper
ation.”
R A I L W A Y S Y S T E M A N D IT S M O R T G A G E L IE N S .
The railroad of the Northern Pacific system is composed of
M ain L in e ............................
B r a n c h e s ..............................
4 5 -7 3 %
5 4 -2 7 %
2 ,1 5 2 -3 5 m iles.
2 ,5 5 4-0 9
“
100
4 ,7 0 6 -4 4
%
“
The General First. Second and Third Mortgage Bonds are
secured by liens in their reepective order upon the Land
Grant and upon the Main Line railroad, as above.
The Consolidated Mortgage Bonds are secured by a fourth
lien upon the Land Grant and upon the Main Line railroad,
and also by the pledge of First Mort gage Bonds upon various
Protective Committee:
Branch Lines having an aggregate length of 1,413-85 miles,
B R A Y T O N IV E S, C h a irm a n .
A U G U ST BELM ON T,
None of the four' mortgages cover (except by leasehold)
G E O R '-E R . S H E L D O N .
any of the terminal properties owned by the St. Paul & Nor
C H A R L E M A G N E T O W E R , JR.,
thern Pacific Railroad Company, the Northern Pacific- Ter
S IL A S W. P E T T I T .
minal Company of (Portland) Oregon, or the Northern Pacific
C ounsel.
& Manitoba Terminal (Winnipeg), all of which are owned by
separate organizations.
Depositaries:
There are other branch roads comprising 1,138-24 miles, the
J . P. M O RG AN St C O : N m v Y o r k .
D R E X E L & CO., P h i l a d e l p h i a .
bonds of which are directly owned by the public.
D E U T SC H E B A N K . B e r l in .
ANI) ITS RRANCHKS AT
F R A N K F O R T -O N M A IN ,
B RE M E N , H A M B U R G , M U N IC H A N D
LONDON.
F R A N C IS L Y N D E STETSON ,
V IC T O R M O R A W E TZ,
C ounsel to the R eorg a n iza tion M anagers. XEW Y o r k , M arch 16, 1896.
U N IT E D S T A T E S L A N D G R A N T .
The Public Lands granted by the United States to the
Northern Pacific Railroad Company under its charter July
2, 1864, amounted to 12,800 acres to the mile of track in the
States of Minnesota anti Oregon, and 25,600 acres per mile in
the intermediate Territories.
O f f ic e o f t h e
1
It is estimated that under this grant the Company is
N o r t h e r n P a c if ic R e o r g a n iz a t io n C o m m it t e e ,
entitled to receive about 43,000,000 acres, of which 22,823,115
M il l s B u il d in g , N ew Y o r k , M a r. 1 6 ,1 8 9 L J
acres have been selected as belonging to the Northern Pacific
To the Holders o f the Bonds and Stocks Issued or Guaran Railroad Company. Of these. United States patents, vest
ing the title to the fee of such lands in the Company, have
teed by the Northern Pacific RR C o.:
The property of the Northern Pacific Railroad Company been received for 15,939,189 acres.
The operations of the Land Dept., as shown on page 21 of
comprises, in various forms of ownership and control,
pamphlet, during the past five years, show that from all
A Railway System of 4,706 miles;
Wg|
sources (exclusive of proceeds of sales applicable to the Pref.
A Land Grant of about 43,000,000 acres, and
Sundry Bonds. Stocks and Accounts, representing inter Stock, or by Trustees of Prior Mortgages to their interest and
sin k in g fu n d s), th e to ta l In co m e w a s ..................................... $ 3 ,0 7 6 ,3 0 8 3 7
ests in Terminal. Express, Coal and Navigation Companies.
This property is represented by fifty-four corporations, w h ile th e E x p e n s e s and T a x e s a m o u n te d t o ........................ 1 ,3 0 4 ,1 4 5 39
which have issued 8380,000,000 of Bonds and Stocks, of le a v in g f o r th e S in kin g F un d o f th e G e n e ra l F ir s t M ort
which all are now outstanding, and §271,949,044, including
g a g e o n ly ......................................................................................... $ 1 ,7 7 2 ,1 6 2 98
defaulted interest to December 31, 1896, are owned directly w h ile f o r th e sam e p e rio d th e re q u ire m e n ts th e re u n d e r
a m o u n te d t o ................................................................................... 3 ,2 7 2 ,8 6 0 0 0
by the public.
T l:e p resen t fixed A n n u a l Interest an d S in k in g F un d
C harges a m ou n t t o ............................... . ......... ................$ 1 0 , 5 0 9 , 6 9 0 0 0
T he ad justed N et In co m e fr o m all sou rces a p p lica b le
to these F ix ed C harges has been:
F o r the F iscal Y e a r e n d in g J u n e 30, 1 8 9 5 ...................
6 ,0 1 5 , » 4 6 6 2
A n d d u rin g the p ast live yea rs lias a v e ra g e d .............
7 ,8 0 1 ,6 1 5 78
T H E PLAN FOR
IV D E P E N D E N T
R E O R G A N IZA T IO N
OF T H E P R O P E R T Y H A S B E E N D R A W N U P O N T H E
F O L L O W IN G B A S IS :
f i r s t . — T m : A b a n d o n m e m t o f C h ic a g o a s t h e E a s t e r n
T e r m in u s , a n d t h e L im it a t io n o f t h e R a i l w a y o n t h e
E a s t b y t h e M is s is s ip p i R i v e r a n d t h e G r e a t L a k e s .
The Bonds and Stocks of the Chicago & Northern Pacific
Railroad Company and the Chicago & Calumet Company,
or their successor companies, remaining as Northern Pacific
assets, will be disposed of when they can be sold advantage
ously, and their proceeds applied to the benefit of the
property.
Second— T h e U l t i m a t e U n i o n
a n d T e r m in a l P r o p e r t ie s
b y a S in g l e C o m p a n y .
o f M a in
L in e . B r a n c h e s
T h r o u g h D ir e c t O w n e r s h ip
So far as practicable the ownership in fee. or otherwise, of
tiic Equipment, Branch Line and Terminal properties (other
than the Portland terminal) will be acquired and vested in
the new Company and covered by its new mortgages.
Third.
to L ess
d it io n s .
T
T
he
R e d u c t io n o f t h e F ix e d A n n u a l C h a r g e s
M in im u m E a r n in g s U n d e r P r o b a b l e C o n
han th e
The Net Income applicable to Fixed Charges has fluctuated
from $10,067,408 37 in the.fiscal year 1891-92 to §4.449,999 04
in 1893-94. The average of the past five years has been
§7.801.645 78.
The smallest results were brought about by the well-known
combination of currency panic, floods, social disorders and
short crops, all of which are tin likely to occur again at any
one time.
T h e n et in co m e d u rin g the lust fiscal yea r, 1894-95, as
show n oil p a ge 20 o f p a m p h let, w a s .................................... $5 1,57 ; s ;i 49
o w h ich slim ild h e a d d ed a llow a n ce fo r e x tra o rd in a ry
e x p e n ses of th e re ce iv e rs h ip s o f ..........................................3 5 8 .3 6 3 13
Thus m ak in g the adjusted N et I lieoino o f that year $ 6 ,0 1 5 ,8 4 6 62
The gross earnings of the present fiscal year show an in
crease of about 16 per cent over the gross earnings for the
same period of the previous year.
The fixed annual charges under the Plan of Reorganization,
when fully carried out (exclusive of bonds reserved for new
construction), will amount to §6 052.660.
T ills D e fic ie n c y in P ro c e e d s fr o m L a n d Sales, a m o u n t
in g to
................................. - ....................................................... $ 1 ,5 0 0 ,0 9 7 0 2
w a s su p p lie d fro m th e N et E a rn in g s o f th e O p e ra tin g
D e p a rtm e n t o f th e R a ilro a d C om p a n y.
O f late the diminution of sales of lands applicable to this
and other mortgages has thrown upon the transportation
earnings of the Company the burden of their Sinking Fund
charges.
These charges, with the other Sinking Fund obligations to
the public, amounting to §1.463,763 per annum , will be en
tirely relieved by the full operation of the Plan of Reor
ganization.
None of the new bonds will be subject to drawing or cumpulsory redemption prior to their regular maturity, a feature
now quite generally recognized by investors as most desirable.
A t the same tim e they will, after the retirement of the
present General First Mortgage Bonds, receive all the bene
fits of the land sales through the mortgage provision that
one-half the proceeds thereof, not exceeding §500,000 in any
one year, shall be used in the purchase, at not exceeding 110
per cent, and the cancellation, of Prior Lien 4 per cent
Bonds, and when these are not obtainable, then in the pur
chase, at not exceeding 100 per cent, and the cancellation,
of General Lien 3 per cent Bonds, and that the remainder
shall be used for betterments and additions to the mort
gaged property.
As it now stands, the System in its form of incorporation
and capitalization, is a development without method or ade
quate preparation for growth. Scarcely any single security
is complete iu itself. The Main Line Mortgage covers neither
feeders or terminals. The Terminal Mortgages m av be bereft
of their Main Line support. The Branch Line Bonds are
dependent upon the Main Line for interchange of business,
and the Main Line owes a large part of its business to the
Branch Lines.
The principal object of the Reorganization Committee has
been to preserve the integrity of the System. The Plan now
presented for the reorganization of the property is founded
upon the idea that its unification means its preservation and
prosperity, both of which, it is believed, can now be thus
permanently accomplished with the best possible security
and results for all interests.
The conversion of the General First Mortgage Bonds upon
the terms set forth in the Plan is recommended by Messrs.
J. P. Morgan & Co.. August Belmont & Co. and W inslow ,
Lanier & Co., who originally issued those bonds, as well as
bv the German Committee of General First Mortgage Bond
holder
THE CHRONICLE,
M aboh 21, 1866.J
r r h e Plan has been prepared with the approval and cooperaticna of Messrs. J. P. Morgan & Co. and the Deutsche Bank.
The Plan has received the approval o f the representatives
o f a majority of the Bondholders o f the three Main lin e
mortgages in process of foreclosure (the General Second.
General Third and Consolidated Mortgages), and of other
important interests affected by the terms of reorganization.
It has also received the approval o f the interests repre
sented by the Protective Committee.
Messrs’ J. P. Morgan & Co. and the Deutsche Bank have
formed the necessary Syndicate o f $45.00o.00o. and Messrs.
J. P. Morgan & Co. will act as Reorganization Managers.
Edward D. A dams, Chairman.
J ohn C. Bullitt.
,J. D. P robst.
Lo c k F itzgerald ,
J ames Stillman .
C h a r l e s II. G odfrey ',
E rnst T h a l m a n n .
Reorganization Committee.
551
:
Pending their use fo r reorganization purposes, the securij
ties deposited hereunder will be delivered by the Depositaries
|to one or more Trust Companies, to be held by them respec
tively subject to the order and control o f the Managers.
-All securities deposited under the Plan are to be kept alive
so long as deemed necessary for the purpose c f reorganization.
NEW 8TOGK8JAND BONDS.
The new Company is to authorize the following securities:
First.—P rior L ien O nf. H undred Y ear 4 per cent G old
B onds
for
§130,000,000.*
These bonds are to be secured by a mortgage upon the M a in
Line. Branches. Terminals, Land Grant, Equipment and other
property, embraced in the reorganization as carried out, an d
also upon all other property thereaf ter acquired by the use of
any of the bonds to be issued under both the a-w mortgages.
The present General First Mortgage covers only the main
The undersigned Protective Committee hereby join in line, laud grant and the equipment so far as owned by the
recommending the prompt acceptance o f the accompanying Company.
Plan and Agreement
The proceeds o f tiie lands applicable to t he new bonds after
the retirement o f die General First Mortgage Bonds (as pro
B r a t t o n Ives. Chairman,
G e o r o e R. S h e l d o n .
A c o c s t B elm on t .
C h a r l e m a g n e T o w e r , J r .. vided below) will be applied, one-half, but not in any one
year exceeding $500,000. to the purchase o f the Prior Lien 4
Protective Committer.
S il a s W , P e t t i t , C o u n se l. per cent Bonds at not exceeding ! 10 per cent, and their can
cellation, and the remainder, under carefully guarded re
S ew Y ork . March 18th. t$W
>.
strictions in the mortgage, will be used for betterments and
additions to the property pledged as security for the bonds.
Whenever these bonds cannot be purchased at the maxi
FLAN FOR TH E REORGAN IZATION
mum price, the unapplied laud proceeds for that year will
or t h i :
be u«>d to purelmse the General Lien 3 per cent Bonds at
NOHTHE11N P A C IF IC SV8TK.W .
not exceeding 100 per cent and their cancellation.
These bonds are to be appropriated approximately as
CONDITIONS OF PARTICIPATION.
follow s:
Participation under Hub Plan o f Reorganization in any To retire s u equal amount of Oenrral First Maria. Bond*. $11,879,000
i
respect whatsoever is dependent, on the deposit o f securities Tn provide for the conversion nod. so fur ns necessary,
for the Striking Fund of the General First Mortgage
w ith oae o f the Depositaries, Messrs. J. P. M o r g a n & Co.,
Hondo (any amount not *o used to be added to the
88 W all Street, New Y ork. Messrs. D r e x e l & C o., Fifth
reserve for new const motion, etc.). ..................... .
1-1.057,050
and Chestnut Streets, Philadelphia, the D eutsche B a n k .
B erlin, and its B r a n c h e s at Frankfort-on-M ain, Bremen.
H am burg. Munich and London, within such tim e as may hrfixed by notice, and w ill em brace only securities so de
posited.’
No securities w ill b e received on deposit unless in nego
tiable form , and bonds must carry all unpaid coupon*.
Pursuant to the arrangem ent w ith a Syndicate herein
after stated
As consideration for shares o f the new Company as here
inafter indicated. Depositors o f Preferred Stock must also
pay $10 per share for new Preferred and Com mon Stock,
and Depositor- of Com m on Stock must pay $13 per share for
n ew Common Stock.
The payments by Depmitor* o f such Com m on and Pre
ferred St</ck must lx* made at the offices o f Messrs. J. P.
Morgan & Co.. New Y ork, or Messrs. B r e a d & Co., Phila
delphia, or o f the Deutsche Bank, Berlin and London, at tie*
option o f each depositingstockh older, in not lews than tl«r.**instahnents. at least th irty days apart, when and as called
for by advertisem ent in each instance at least tw ice a week
for tw o weeks in tw o o f the daily papers o f general eireula-
tion published in the Cities of New Yo rk, Philadelphia London and Berlin, respectively.
A ll payments must be receipted fur by one o f the Defsno
taries on the Certificates of Deposit.
Failure to pay any instalment when and a - payable will
su b ject the deposited stock and all rights on account o f am
prior payments to forfeiture, m hereinafter provided.
Holders o f Certificate- of the Mercantile Trust Corapunv
o f New Y ork for General Second, General Third and Consol
idated M ortgage Bonds, deposited under the existing Bond
holders’ A greem ent o f February If). IMM, w ill be en titled to
the benefits o f this Plan without the w e o f new receipts or
certificates, provided that, if hereafter requited by the
Managers and within the time limited therefor, *uch exist
in g certificate* be produced to o n e o f the Depositaries and
stam ped as assenting to this Plan,
AM holders o f General Second, General Third and Consol
idated Mortgage Bonds who have not already deposited
their bonds w ith the Mercantile Trust Com pany o f New
Y o rk under the existing Bondholders' A greem ent, shall, by
delivery o f their bonds to the Depositaries, be deemed to
deposit their bonds under said Bondholders’ Agreem ent,
and. for the bond* deposited, w ill receive Certificates of
•aid Trust Company itemed under that agreem ent, duly
(tam ped by one o f the Depositaries as assenting to this Plan.
The Depositaries will issue negotiable receipts for all other
securities deposited w ith them.
The holders o f receipts heretofore issued by tin- New Y ork
Security & Trust Company o f New York for General
Second Mortgage Bonds, and by the New- Y ork Guaranty
& Indem nity Com pany for General Third Mortgage Bonds,
m ust surrender the same to one o f the Depositaries and
For the payment o f R eceivers’ O r lifle n t -- and E quip
m ent Trust, and the conversion o f the Collateral Trust
Note* and General Second Mori guge Bond*....................
40,040,350
Tot.*! present m u o under the Plan........................... .. $9(1,577,000
Reserved to provide at their maturity for an equal
amount of Bonds of the St Paul .V Northern Pacific
Railroad Company.... .......................................................
8,433,000
Estimated amount to he reserved for new cMistrnotlnu.
betterment*, equipment, etc., under carefully guarded
restrictions in the mortga-re. and to ihe extent of uol
exceeding$l,f,mi.ooo per annum..
.............................. ? 25,000,000
Total authorised issue
................ .....................
Second. G eneral Lien 150-Year 3 per
*130,000,000
G old Bonds*.
limited in amount t o $80,000,000, in addition to a reserve for
tin* 100-year 4 per cent Prior Lien Mortgage o f $130,000,000.
These bonds are to be secured by a mortgage second in
lien to the Prior Lien Mortgage, and covering the same
property.
They are to be appropriated approximately a* follows ;
lent
Fur the eonvanthin of the Gen oral Third Mortgage Bond*,
Dividend Certificate*, and the Consolidated Mortgage
and Br tnoh Line Bands, under the Plan .......................... $50,000,000
Estimated amount to be reserved, under carefully guarded
restrictions in the mortgage, for new construction, bettorment*, equipment, etc............................. ...................
4,000,000
Total issue in ex,
of Prior Lion Bonds................... $00,000,000
Reserved to provide for the Prior Lien Bonds at their
maturity In 100 . car- ................... . ...........................
s
130,000,000
Maximum amount of both Mortgage*..................
T hird
P r e f e r r e d S t <m k ,
i
p e r cent
$190,000,000
S on -C u m u l a t iv e ,
limited in amount, under this Plan, to not exceeding $75,000,000, whii-h amount can be increased only with the conH
«nfc of the Preferred and Common Stockholders, as herein
j after set forth. All the Preferred Stock will be in shares of
$100 each, and will be registered and transferrable. at the
option of the holder, either in Nexv York or at the Deutsche
Bank. Berlin, Dividends Upon stock registered in Berlin
may be collected t hen- at the rate o f 4 20 marks per dollar.
Each share of this Preferred Stock will be entitled to noncumulative dividends to the extent o f four per cent per
annum, payable quarterly out of surplus net earnings in each
fiscal year before any dividends for such year shall be paid
on the Common Stock, and without deduction for any United
i States. State or municipal taxes that the Railroad Company
may at any time be required to pay or retain therefrom.
In any fiscal year in which four per cent dividends shall
have been declared on both preferred and common stock, all
shares, whether preferred or common, shall participate
equally in any further dividends for such year.
Provision will be made that after the termination of the
Voting Trust hereinafter provided for, the Preferred Stock
is to have the rigid to elect a majority of the Board of
1 Directors of the new Company whenever for two successive
m ust obtain suitable new certifies tea hereunder in exchange quarterly periods the full and regular quarterly dividends
therefor, in order to entitle them to any benefit o f this Plan. upon the Preferred Stock, at the rate o f four per cent per
Bonds represented by me h receipts not actually delivered to annum, are not paid in cash.
the Depositaries w ill not be entitled to participation herein.
NEW RAILROAD COMPANY.
At th e discretion o f the Managers, the various properties
w ill be sold under one or more o f the several mortgages in
default, or otherwise dealt w ith, and a successor com pany
w ill be organized.
Bond* will be issued In the follow ing denom ination*: Coupon
Honda o f $500 and $1,000, with privilege o f conversion Into Registered
! Bonds o f $ l,o o o and $10,000.
All Interest w ill be p a y a b le quarterly, and b o th prlne.ix»al
and Inter
will b p a ya b le In U
o f th e
! est weighte nnil Borne**,nited .state* g o ld coinfur »n y printout sta n d a rd
, of
without ih-diiotJon
taxes w h ic h th e
: Railroad Company may be required to pay or retain therefrom .
THE CHRONitCLE.
5o2
The right will be reserved by the new Company to retire
this stock, in whole or in part, at par. from time to time,
upon any first day of January during the next twenty years.
The Preferred Stock will be appropriated approximately
as follows:
F o r c o n v e r s io n a n d a d ju s t m e n t o f v a r i o u s M a in L in e a n d
B r n n o h L in o M o r t g a g e B o n d s a n d t h e d e f a u lt e d in t e r e s t
t h e r e o n , a u d o t h e r p u r p o s e s , a s p r o v id e d in t h e P l a n . . . $ 7 2 , 5 0 0 , 0 0 0
.E s tim a te d a m o u n t w h ic h i n a y b e u s e d f o r r e o r g a n iz a t io n
p u rp oses
m a y h e a v a il a b l e a s a T r e a s u r y a s s e t o f
t h e n e w C o m p a n y ...........................................................................................
2 ,5 0 0 ,0 0 0
or
[VOL. LXII.
As a consideration for the property and securities to be
conveyed or delivered to the new- Company, or which, pur
suant to the Plan, the new Company shall acquire, it is con
templated that the new Company shall deliver the new
bonds and stock, excepting the new bonds to be reserved to
take up such of the existing securities as are not disturbed,
and such final amounts as shall be reserved for the future
use of the new Company.
The requisite deliveries of the new securities to depositors
and subscribers under the Plan will thus be provided for.
G e n e r a l F irst M ortgage B onds .
$ 7 5 ,0 0 0 ,0 0 0
Fourth.
Privilege o f Conversion.
to the amount of not exceeding
The present General First Mortgage Bonds mature in 1921>
$80,000,000, in shares of $100 each.
but are redeemable by compulsory drawings at any time at
This stock w i l l be a p p r o p r i a t e d approximately as f o l l o w s : 110 per cent from the proceeds of land sales or the fixed an
nual contribution by the Company to the Sinking Fund.
F o r p u r p o s e s o f r e o r g a n i z a t i o n a s p r o v id e d in t h e P l a n . . $ 7 7 , 5 0 0 , 0 0 0
E s t i m a t e d a m o u n t w h ic h m a y h e u s e d f o r r e o r g a n iz a t io n
These compulsory redemptions in the past have been a
p u r p o s e s o r m a y b e a v a il a b l e a s a T r e a s u r y a s s e t o f t h e
disturbing factor in all calculations for investment purposes,
n e w C o m p a n y .................................... ................................................................
2 ,5 0 0 ,0 0 0
and the inauguration of a new and vigorous policy for the
$ 8 0 ,0 0 0 ,0 0 0
sale of the lands may be expected from this time forward
greatly to increase the amount o f such redemptions.
V O T IN G T E U S T .
In some years these redemptions have required large con
In furtherance of this independent reorganization and the
administration of the property and of the securities, both tributions from the Operating Department, to the extent
classes of stock of the new Company (except such number of even of the entire amount of the Sinking Fund, a sum which
shares as may be disposed of to qualify directors) are to be would provide for the annual interest on about $19,000,000
vested in the following five Voting Trustees: J. Pierpont of Prior Lien Bonds as now proposed. It is manifestly to the
Morgan, Georg Siemens, August Belmont, Johnston Liv benefit of the holders of General First Mortgage Bonds to
secure an investment of longer continuance, and it is also to
ingston and Charles Lanier.
In the event of the death of any person designated as a the benefit o f all subsequent securities to diminish this un
Voting Trustee, prior to the creation of the Voting Trust; necessarily large burden of annual fixed charge.
To relieve the bondholders from these calls for redemption,
the vacancy shall be filled as provided in the Reorganization
Agreement hereunto annexed, and which is comprised in which prevent their bonds from reaching the high price they
and forms part of this Plan, with the same force and effect would otherwise command, and to relieve the Company from
as though -herein set forth at length. The stock shall be held the burden of the Sinking Fund requirements, and permit
by the voting Trustees aud their successors, jointly (under a the use of a portion of the proceeds of land sales for the
trust agreement prescribing the powers and duties to be ex benefit o f the property,
Holders o f the General First Mortgage Bonds are now offered
ercised by them, or by a majority of them, and the method
of filling vacancies), for five years, although the Voting Trus the privilege o f converting or exchanging their bonds fo r the
tees, in their discretion, may deliver the stock at any earlier new Prior Lien 100-year J p er cent Gold Bonds, at the rate o f
date. Until delivery of stock is made by the Voting Trus 81,000 old bonds ( coupon or registered) for §1,350 o f new
tees, they shall issue Stock Trust certificates entitling the bonds.
To avail o f this offer, holders must deposit their bonds as
registered holders to receive, at the time therein provided,
stock certificates for the number of shares therein stated, provided on page 550.
Bonds deposited for conversion under this privilege will he
and in the meanwhile to receive payments equal to the divi
dends collected by the Voting Trustees upon a like number entitled to receive on April 1st next a cash payment of $30 per
of shares, which shares, however, with the voting power $1,000 bond so deposited in lieu of the six months’ interest
thereon, shall be vested in the Voting Trustees until the that would mature July 1 next, on such bond. The first
stock shall become deliverable, as provided in such Trust coupon on the Prior Lien Bonds offered in exchange for Gen
eral First Mortgage Bonds will he payable October 1 next,
Agreement and certificates of the Voting Trustees.
and in case of any delay in the reorganization, payments
R E S T R IC T IO N S A S T O A D D I T I O N A L M O R T G A G E D E B T A N D
equal to the amount of such new coupons will be made on
P R E F E R R E D STO CK .
that date and quarterly thereafter until the new bonds are
Provision is to be made that no additional mortgage shall delivered. These payments will, in the absence o f other
be put upon the property to be acquired hereunder, nor the provision, be made by the Syndicate, which will reimburse
amount of the Preferred Stock authorized under this Plan be itself out of the present General First Mortgage coupons as
increased, except, in each instance, after obtaining the con collected.
sent of the holders of a majority of the whole amount of the
The right is expressly reserved to m odify these terms or to
Preferred Stock, given at a meeting of the Stockholders terminate the privilege at any time, and without notice.
called for that purpose, and the consent of the holders of a
The old bonds now outstanding are at the rate of about
majority of such part of the Common Stock as shall be repre
sented at such meeting, the holders of each class of stock $20,466 per mile. The Prior Lien Bonds, including those re
voting separately. During the existence of the Voting Trust, served for the St. Paul & Northern Pacific Bonds (but not
the consent of holders of like amounts of the respective including those to be reserved for new7 construction, etc.),
classes of beneficial certificates shall also be necessary for will, on the basis of 4,706 miles, amount to about $22,310 per
mile, and wall cover all the Equipment and the Branches
the purposes indicated.
and Terminals as proposed under the Plan.
E S T I M A T E O F T O T A L N E W C A P I T A L I Z A T I O N ,*
It is not sought in any way to enforce a conversion of the
present General First Mortgage Bonds, and this offer is made
UNDER THE PLAN WHEN FULI.Y CARRIED OUT. •
solely upon the belief that on the terms proposed such con
( E x c lu s iv e o f b o n d s a n d s t o c k r e s e r v e d f o r n e w c o n s t r u c t io n , e t c .)
r. ,
„
Annual Interest version, while advantageous to the Company, is also mani
securities.
Amount.
and Dividend.
festly to the advantage of bondholders so converting.
P r io r L i e n B o n d s t ......................................................$ 1 0 5 , 0 0 0 , 0 0 0
$ 4 ,3 7 2 ,6 6 0
The fixed charges for interest and sinking funds on the
G e n e r a l L ie n B o n d s
......................................
5 0 ,0 0 0 ,0 0 0
1 .6 8 0 ,0 0 0
present General First and Divisional Mortgage Bonds are at
T o t a l B o n d s ......................................
the rate of $1,618 per mile per annum, while it is estimated
$ 1 6 1 ,0 0 0 ,0 0 0
$ 6 ,0 5 2 ,6 6 0
P r e fe r r e d S t o c k ........................... $ 7 2 , 5 0 0 POO
2 ,9 0 0 .0 0 0
that they will amount to only $929 per mile per annum on
C o m m o n S t o c k .............................
7 7 ,5 0 0 0 0 0
the Prior Lien Bonds.
T o t a l S t o c k ............................................................ $ 1 5 0 , 0 0 0 , 0 0 0
The advantage is obvious of a mortgage resting upon a
complete and entire system, including Main Line and all
T o t a l C a id t a liz a t i o n ................................. $ 3 1 1 , 0 0 0 , 0 0 0
branches brought into the new Company, together with
Terminals, Land Grant and Equipment, and having over
T o t a l A n n u a l C h a r g e s p r io r t o t h e C o m m o n S t o c k . . $ 8 , 9 5 2 , 6 6 0
$200,000,000 of bond and share capital behind it, securing a
E S T I M A T E O F A M O U N T A N D C H A R G E S P E R M I L E .*
gold bond running for one hundred years, as compared with
Amount
Interest and Div a bond at all times liable to compulsory retirement, and
Securities.
per mile.
idend per mile.
P r io r L ie n H o n d a ___
secured by only part o f the system.
. $ 2 2 ,3 1 0
$929
C
o m m on
G e n e r a l L ie n B o n d s .
S
to c k
-
1 1 ,8 9 9
T o t a l B o n d s p e r m i l e ..........................................$ 3 4 , 2 0 9
P r e f e r r e d S t o c k ...........................................$ 1 5 , 4 0 4
1 0 ,4 6 7
C o m m o n S t o c k .............................................
T o t a l S t o c k p e r m i l e ...........................................
357
$ 1 ,2 8 6
616
31 g7 i
N orthw est E quipm ent Co m pa n y .
1 he shares deposited under the Plan to be purchased at
par fiat as of June 1, 1896, payable, witli interest from that
date at 6 per cent per annum, at any time, iu the discretion
of the Managers, on or before completion of reorganization.
Co l l a te r a l T rust N otes .
T o t a l C a p it a l p e r m i l e .......................................$ 6 6 , 0 8 0
A n n u a l C h a r g e s p e r m i le p r io r t o C o m m o n S t o c k
$ 1 ,9 0 2
A P P L IC A T IO N O F S E C U R IT IE S .
, T a? foJ5owinS details show the disposition to be made unoer the 1 lan of the securities of the new Company.
* T h e s e c a lc u la t i o n s a r e b a s e d u p o n 4 , 7 0 6 - 4 4 m i le s , a n d a r e cone
q n e n t ly s u b je c t t o v a r ia t io n n c c o n lin g t o t h e a c t u a l m ile a g e f in a l
e m b r a c e d lu t h e r e o r g a n iz a t io n ,
t I n c lu d in g $ 8 , 4 2 3 , 0 0 0 S t. P a u l & N o r t h e r n P a c ific B o n d s .
Those deposited under the Plan to receive—
3 per cent in cash May 1, 1896, and 4 per cent in cash
January 1, 1897.
100 per cent in Prior Lien 4 per cent Bonds.
20 per cent in Preferred Stock Trust Certificates.
G en e r a l S econd M ortgage B onds .
Those deposited under the Plan to receive_
4 per cent in cash within sixty days after the Plan has
been declared operative.
118J^ per cent in Prior Lien 4 per cent Bonds.
50 per cent in Preferred Stock Trust Certificates.
Mahch 21, 1806.)
THE CHRONICLE.
553
>;f:\ERAL T h ir d Mo etc;\ ge B onds .
F i x e d C ija h ge s a n d
Old
New
Reduction*.
Those deposited under the Plan to receive—
P k f f e k r e ij D iv i d e n d s .
Company. Company,
3 per cent in cash within sixty days after the Plan has
Amount. P. Cent
been declared operative.
F ixed annual uliarges prior
118}a per cent in General Lien 3 per cent Bonds.
to dividends upon the
50 per cent in Preferred Stock Trust Certificates.
Preferred Stocks.............. $10,905,090
Those deposited under the Plan to receive—
3 per cent in cash within sixty days after the Plan has
been declared operative.
118 per cent in General Lien 3 per cent Bonds.
50 per cent in Preferred Stock Trust Certificates.
2,819,064 2,900,000
80,936*
2-87*
T otal fixed charges and dividendsupon the Preferred
Stocks prior to dividends
upon the Common Stocks $13,724,7^1 $8,952,660 $4,772,094 34-77
C o n s o l id a t e d M o b t o a g k B o n d s .
Those deposited under the Plan to receive—
1/2 per cent in cash within sixty days after the Plan has
been declared operative.
O l j per cent in General Lien 3 per cent Bonds,
O
per cent in Preferred Stock Trust Certificates.
Except as collected out o f the coupons, the Managers will
have a lien upon deposited securities for cash advanced as
above provided, after the Plan shall have been declared ore
erative.
Interest on all new Bonds to be delivered in exchange for
old securities will, unless otherwise stated, accrue from
January 1, 18(17, and will be payable on or before completion
of reorganization.
Equitable cash settlements will be made for fractional
amounts of new bonds and stocks accruing to depositors.
B r a n c h Ho a d Bo n d s .
Holders of the Bonds issued by the following Companies
are requested to communicate with Megans. J. P. Morgan A
t o ., New York, or with the Deutsche Bank, Berlin, ^riving
the amount of their holdings, and stating w h e t h e r held in
Bonds or Certificates of Deposit :
Central Washington Railroad Comixmv.
Co.uir d'Alene Railway A Navigation ( bin rainy.
Duluth & Manitoba Railroad Company! Min m-sotn Division.}
Duluth A Manitoba Railroad Com wny (Dakota Division.)
Helena A Red Mountain Railroad Company.
Janies River Valley Railroad Company.
Northern Pacific A Montana Railroad Company.
Northern Pacific A Manitoba Rail wav Company Terminal
ixmds.
Seattle Lake Shore A Eastern Rtilnnul Company.
Sjxjkane A Palouse Railway Company.
None of these Branch Road- (Seattle Lake Shore A Easte
em alone excepted) owns any considerahl.,- amount o f .quipm en t; all require more or less expenditure for the r e s t o r a
tion of their track, roadbed, stations, etc., to proper condi
tion : all are deficient in their rights o f wav j some llav.
general traffic all the year, while others are dependent
mainly upon the special busiD. ss<rf a few months annualiv ;
and some earn varying rate* o f interest upon their ow t.
In order to deal equitably with the holders o f these Branch
Bonds, it i* deemed necessary to consider each case sepa
rately, and upon its own individual merits.
After hearing from a large proportion o f each class of
tne«i! bondholder*, steps will )»• taken to arrive at some fair
basis of adjustment, for which General I.uro .{ t„.r ,-,»t
bonds and new Preferred Stock Trust Certificate* hav«. I......
reserved under this Pla n.
I’ ttKiEKRi u S t o c k .
Upon completion o f the reorganization. the Reorganization
Managers in byhalf o f the Syndicate will deliver to each I). •
positor of one share ($100) o f Preferred .Stork —
$Vi m new Preferred Stock Trust t Vrtific ate*. and
w ui new Common Stock Trust Certificates,
in consideration of his |*ym<»nt therefor of $10 per slmre. a*
provided on page 550.
Co m m o n St o c k .
Upon completion of the reorganization, the Reorganization
Managers, m behalf of tin- Syndicate, will d e l i v e r t « the 1). wwuor o f each store ($100) of old Common Stock on.- share
($100) of new Common Stock Trust Certificate, in eonsidt-r.v
ttrm o f his payment therefor of $15 per share, as provided o n
page m
In addition to the payment of all defaulted interest to
January j , 1*9,r m cmh and New Mortgage Bonds, the
holders of the three Main Line Mortgage Bonds in default
will receive a considerable increase o f principal with the
following nnnunl income i
r„
I,.some cm Total Inmnir
‘ in lrr*
**tUni f f upon
.- , - — tHtid’d im ,
jf'.C*.
tfen t Lien Yew t% Amnioul on
*% S m 4 m>3% Rend*. Tref. stock. A W
■
Old
* ‘
OLD S K C CR lrn..
~ .
1
“
rTTTT .... . ~ T '
--------- • fim iri-! .sy—
____________________ __ jA w W I'.C. Am'nt.P.C. Am'nl, V.C.
•
$ t 0 ° V0°
reeeiye » ___ ;
__
tie*,
[tur.
iivOfKt 2 0 0 i i s o o i i 'a ^ o
$10©S3*0*> r>o in>g-oo lanno-.vno
___ &0 1-50
62 50 2-50
1X2 SO* 1 00
tn adJIitou-atoottsia allowed tot gdupoug.
The [xtmtion o f the holder* o f the Common Stock o f the
ne w Com pany in relation to fixed annual charges for interest
and sinking funds under the Plan, as compared with the
pwituzn of (ha holders o f the Common Stock of the present
Company, is as follow s:
!
$6,052,660 $4,S53,030 44-50
R equired fo r animal dirt*
(lends u p on the Preferred
S t o c k s ........................ _
D iv i d e n d C e r t if ic a t e s .
The compensation to be paid to Messrs. J. P. Morgan A
Co. and the Deutsche Bank for their respective services as
Managers and as Depositaries o f securities lias been fixed at
one quarter {}£<>„) of one per cent upon the par value
os the securities deposited under the Plan and of the new'
securities issued in exchange therefor, but not, in anvevent,
to exceed $1,000,000 in all for such compensation to both
parties.
SYNDICATE.
_ A syndicate has been formed by Messrs. J. P. Morgan A
to ., of New- York, and the Deutsche Bank, of Berlin, to the
subscribed amount of $45,000,000. to provide the amounts
ol cash estimated as necessary (1) to carryou t the terms o f
the I Ian of Reorganization, and (3) to furnish the new Comi«iny with cash working capital and with a sum estimated
at VUW
bOCM) for early use in betterment and enlargement of
its property.0
N ew Y ork,
March 18, 1806.
Rapid Transit In New York Cltr.—Amendments Asked.
—The Rapid Transit Railroad Commission have sent to the
Legislature at Albany a memorial accompanied bv amend
ments to the Rapid Transit Act which they believe to be es
sential, if the city is to find a responsible party' to build and
operate the road. The most important amendment asked is
to alter the sinking fund requirements for the first ten years
so that the contracting party may tie enabled to p iy S per cant
on it- capital stock. - iv $10,000,000, which it will be obliged
to issue in order to pay for equipmen', etc. The equipment
under the amended bill includes power houses, and is estimated to cost about S jC M M ), all of which must be furnished
T MMM
without us© of bonds, so that the city, as required by the act,
shall have a first lien thereon. The commission say:
Bus Rapid Transit Railroad OommlaUoiror*, If the notion o f the speeJf*
f UaU
•'ouHrm.-.l t,y the Appellate DWUlon o f theSn-
tin- omotal tent ..r the law, which call*
25“ ® *»® oom m iM ioa to ooa -troot the pwpoaetl railroad by oontm et
with n u t p«r«m or oorporatlon, who -half agree both to oonatniflt the
road and TO operate It fo r a term o f not t.«— than thirty-live years nor
m ore U»»o fifty year-, and to pay a rental thereon s o t leea In am ount
than the Interct upon the city bond- to be to-ned for eonntructlon,
R *2f i '*■*",1 1 ? r r
M m ui“ ?nr !!l" -In k in g fu n d-
T he la w fu r -
tber provide- dial the elty I- to have u lirst Hen on the rolling
-tcek and ether property provided by the contracting party for tbe
of eriiiwii of
roiMl.
In enter t hat the flannel*) burden to be planed upon each » company
,“ f ' L , 2 J ?eTO,i0 1 th‘‘ varly year- of the enterprise, the eom".2
,1
»»k that the rrqulroment upon the contracting party to pay
at least t per cent Into tu„ -lolling fund -hall at the dlsoretlm of the
corand-.ton r ,
nothegln to run for live J®” ‘"to r tuo fti»-anon of the
years after tho operation of the
‘ ■*{“
road naa been begun, and m a y then run fo r a s e co n dt t rlod o f five
< im
*• } '” Z f , n ' tn sw a d o f at l p e r ce n t, e x c e p t that a fte r the not
f a m i n g , o f the - , - i c m upon th e in v estm en t o f th e co n tr a c tin g c o r
p o ra tio n rea ch .» ta r cent, paym enL - ia to t h e - l o k t a g fu n d s h a ll he
m a d e annually o f all
u n til the p re s e n t req u irem en t o f at least
1 jwr cent per annum be reached.
The com mission think that with the modifications of the
law w ich they suggest, a contracting party may be secured
>
who may be trusted both to build and operate tiro proposed
railroad: for they are persuaded that the franchise is one of
great ultimate miue, commanding as it does the k-y of ail
underground travel in this city, while at the same time under
the scheme of the iaw the city of New York will secure the
ownership of the proposed railroad in the eud, free from all
liability.—V. 02, p . 503.
Toledo Electric Street K j.-Purehane o f Control.—The
property on which tiro syndicate headed by Redmond. Kerr
* - h« » u option is the Toledo Electric Street R a ilw a y, of
which D. Robinson, Jr,, is President. The Toledo fraction
Co. is not included.
Union Electric By. (Saratoga, S. Y.)-Rece,iver Appointed.
—Charles D. llaine-. 100 Broadway, New- York City, has
been appointed receiver of this company.
Cnion Elevated HR.—Union Consoild ited Elevated Hy,
(C hicago).-Aero Company.—The Union Consolidated Eievatetf Ry. Co. was organiz'd in Chicago last week With $1,000,III Ml f%T » It #-!hrvr-i Wftrl n a n i l n l
... t
ft:
uOOof authorized capital Va m * k „ purpose of building the x r . .
for the
Van
Buren Street portion of the Elevated ^ o jy.. „tl. v... J Yerkes
„ L ,p
ton c .
Mr. C . f. lKIltra
cb>R incorporator. The road tvill cross the river from
f
'* ub®sh Avenue to Halgted Street, consents for streets, it is
said, having been obtained.—V. 83, p. 94.
.. " e s t ' liicatfo Street R R .-C h icjg n Pnsaenger Ry.—New
hemirilum.—To reimburse the West Chicago for moneys expended in betterments on their lines, the d i r e c t o r s of the O ilcago Passenger R y . oo Friday the 13th in»t. voted to issue an
additional $l,OOO,uO0 of stack and about $1,000,000 of bonds.
Of the new stock $780,000. it i.« said, wilt be subscribed for bv
tha trustee, which now hold- that amount of the original issue
lor the benefit of the West Chicago stockholders, and the re
mainder will be ottered to the Passenger Railway slroreh«>lder*,—V. 62 p. 183.
THE CHRONICLE.
554
5 E lx e
C ^ c r m m e tc ia l
[VoL. LX1I.
C O T T O N .
_____
N i g h t , March 20, 1896.
as indicated by our telegrams
COMMERCIAL
EPITOME.
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 69,480 bales,
F riday Night, M a r c h 20.1896.
against 71,518 bales last week and 83,288 bales the previous
There was a fall of snow early in the week unusually week, making the total receipts since the 1st of Sept., 1895,
heavy for the season, causing some delay in street travel, but 4,68 3,47 a bales, against 7,111,518 bales for the same period of
this was followed by heavy rains and the snow has already 1894-0, showing a decrease since Sept. 1,1995, of 2,435,073 bales.
Wed. Thurs. Fri.
Total.
Receipts at—
Mon.
Tues.
Sal.
disappeared. The developments in the European political
situation growing out of affairs in E ;y p t and Abyssinia have G a l v e s t o n ...........
1 ,6 0 4
842
1 ,0 7 0
6 ,9 4 5
1 ,3 0 5
1 ,5 3 3
586
2 ,9 0 4
118
2 ,7 9 1
received little attention on this side, although better prices
for food staples were attributed in part to that cause. Gen N e w O r l e a n s . . . 3 , 1 0 4 3 , 6 0 6 7 , 2 1 7 2 , 3 3 2 3 , 3 8 3 3 ^ 4 1 5 2 3 ^ 0 5 7
120
24
1
419
1 ,7 8 1
726
491
eral trade is dull, but this is ascribed in some degree to the M o b i l e ....................
unseasonable weather at the North and West, and a material S a v a n n a h ............ 3 , 3 1 9 1 , 8 2 4 2 , 7 1 4 1 , 4 0 8 2 , 2 9 8 2 , 1 4 6 1 3 , 7 0 9
increase in the volume of business is looked for as the spring
492
492
......
......
......
B r u n s w ’k , & c .
172
2 ,3 6 8
522
776
263
257
378
C h a r l e s t o n .........
advances.
There has been an increased demand for lard on the spot,
212
212
1 ,3 8 6
212
W i l m i n g t o n ____
256
198
296
but as offerings have been large prices have further declined
1
1
........
.........
W a s h ’t o n , & c .
......
...
and the close was easy at 5 47%c. for prime Western, 5c. for N o r f o l k ................... 1 , 2 8 8 1 , 2 3 2 1 ,4 9 3 1 , 9 1 2
9 ,3 8 4
961
2 ,4 9 8
807
311
prime City and 5'85c. for refined for the Continent. There
280
216
803
803
......
......
N ’ p o r t N ., & c .
has been no speculation in the local market for lard futures,
.........
.........
but nominal prices have been quoted lower in reponse to a N e w Y o r k ............ ......... . . . . . . ......... . . . . .
3 ,2 1 8
156
710
576
715
220
B o s t o n ...................
841
decline at the West, where selling has been general, prompted B a l t i m o r e ............ . . . . . . . . . . . . ......... .........
348
..
348
by a large increase in the receipts of swine, closing easy.
2 ,2 5 7
4
53
676
149
100
P h ila d e lp li’ a,<fec
1 ,2 7 5
F
T
D A I L Y CLO SIN G P R IC E S O F L A R D F U T U R E S.
Sat.
Mon
Tues.
Wed. Ihur.
Fn.
M ay.................................. 0 . 5-75
5-70
5-68
5'65
h e
M
o v e m e n t
T o t ’l s t h i s w e e k
o f
1 1 ,7 0 7
t h e
C
r id a y
r o p
9 ,9 2 5
,
1 4 ,0 9 6
8 ,9 4 2
1 0 ,1 2 3
1 4 ,6 6 7
6 9 ,4 6 0
5 55
The following shows the week’s total reoeipts, the total sine e
A t a dfcline in prices the demand for pork has shown an Sept. I, 1895, and the stook to-night, compared with last year ■
Stock.
1 8 9 4 -9 5 .
1 8 9 5 -9 6 .
improvement, closing steady at S9 75@10 25 for mess, §10 75 Receipts to
This Since Sep. This Since Sep.
@$12 00 for short clear and §10 25@$10 75 for family. CutMarch 2 0 .
1895.
1896.
Week. 1 , 1 8 9 4 .
Week. 1 , 1 8 9 5 .
meats have had only a very limited call and prices have weak
5 6 ,1 7 1
1 0 1 ,3 2 8
ened slightly, closing at 4%@5%c. for pickled bellies, 12®10 G a l v e s t o n . . . 6 , 9 4 5 8 4 8 , 9 4 1 1 1 , 8 4 9 1 , 5 6 5 , 0 7 0
5 ,9 2 1
6 3 ,6 3 3
1 0 0 ,4 5 7
2 ,3 7 4
T e x . C.,<fec.
2 ,9 0 4
lbs. average, 4%@4%c. for pickled shoulders and 8%@9%c.
3 5 7 ,9 2 9
2 5 0 ,4 5 6
4 4 ,3 4 1 2 ,3 0 8 ,7 9 2
N e w O r le a n s
2 3 ,0 5 7 1 ,5 7 9 ,6 4 1
for pickled hams. Beef has been quiet at $7 50@$8 50 for M o b i l e ............. 1 , 7 8 1 1 8 3 , 7 1 1 4 . 5 7 4 2 2 0 , 7 2 2
2 6 ,5 1 9
2 5 ,9 8 3
mess, SO 00@510 00 for packet, $10 00@$12 00 for fam ily and F l o r i d a ............ . .....
2 3 ,4 2 9
2 5 ,3 3 9
206
6 5 ,3 4 0
5 1 ,5 1 8
§14 00@$17 50 for extra India mess in tierces. Beef hams S a v a n n a h . . . 1 3 , 7 0 9 6 8 4 , 1 0 2 1 4 , 2 4 3 8 6 6 , 2 7 7
7 ,1 2 6
967
B r ’ w ic k , & c
492
1 1 0 ,7 2 0
1 4 3 ,7 4 0
7 ,1 3 9
have been unchanged at §15 50@§16 00. Tallow has
4 8 ,8 1 2
4 0 9 ,6 4 1
r
t n .
5 554
4 437
3 0 ,8 8 4
weakened slightly, closing with sales at 3%c. Lard C h aR loeysa o,&.c 2 , 3 6 8 2 6 4 ,, 4 8 6 8 ,,6 8 5 1 4 0 , 0 3 0
6
P.
l
stearine has been quiet, closing at 6%c. Oleo stearine W i lm i n g t o n . 1 , 3 8 6 1 5 9 , 0 9 6 2 , 4 6 4 2 2 7 , 9 7 3
1 6 ,9 2 4
1 0 ,9 4 9
has been steady at 4%% Cotton-seed oil has been in lim ite l
4
W a s h ’ n ,& c .
915
753
1
4 8 ,9 0 0
3 4 ,3 8 8
request and steadier, dosing at 2lc. for prime crude and 25% @ N o r f o l k .......... 9 , 3 8 4 2 9 1 , 0 6 5 1 0 , 0 6 5 4 3 0 , 1 4 7
4 ,7 2 7
2 6 4 ,1 0 2
9 ,8 6 5
1 3 9 ,5 1 2
1 ,1 5 4
807
26c. for prime yellow. Butter has been moderately active W e s t P o i n t . .
2 ,0 2 0
202
N ’p ’ t N ., &c
2 0 ,2 8 3
578
3 6 ,9 4 5
803
and steady at 12@22c. for creamery- Cheese hits been in fair N e w Y o r k . . .
2 0 2 ,2 2 1
1 2 1 ,0 1 2
1 6 2 ,4 9 5
4 5 ,2 5 0
3 ,8 5 9
request at steady pricps.closing at 6@10%c. for State factory, B o s t o n .............. 3 , 2 1 8
2 6 ,0 0 0
8 2 ,3 9 5
8 7 ,3 7 7
5 ,8 3 1
1 8 ,0 0 0
full cream. Fresh eggs have been steadier, closing at ll% c . B a l t i m o r e . . .
1 0 6 ,0 2 5
1 3 ,7 2
2 2 ,2 6 0
348
4 5 ,0 5 5
848
for choice Western.
P liila d e l.,& e .
1 0 0 ,7 0 0
1 9 ,7 5 0
2 ,2 5 7
3 5 ,1 4 3
3 ,0 3 1
1 1 ,9 5 5
Coffee has been in moderately active request and prices
6 8 2 ,7 5 5
9 5 3 ,1 7 6
T o t a l s .........
6 9 ,4 6 0 4 ,6 8 6 ,4 7 5 1 2 3 ,1 3 3 7 ,1 1 1 ,5 4 8
have ruled steady. Rio No. 7 was quoted at 13%c. The mild
grades have been in moderate demand at unchanged values.
In order that comparison m ay be made with other years, we
Good Cucuta quoted at 16@l6%c. and standard Java at 25@ give below the totals at leading port3 for six seasons.
25%c. There has been very little interest shown in the mar
ket for contracts, and the course of prices has been somewhat Receipts at— 1 8 9 6 .
1893.
1895.
1894.
1892.
1891.
irregular, closing slightly lower in response to weaker foreign
G a l v e s ’ n <fcc,
9 ,8 4 9
6 ,0 2 2
1 4 ,2 2 3
7 ,4 8 4
8 ,3 9 1
7 ,5 3 7
advices.
N e w O r le a n s
3 9 ,7 4 0
2 3 ,0 5 7
4 4 ,3 4 1
2 1 ,4 6 9
2 0 ,1 0 5
2 5 ,6 7 7
The following were the final asking prices:
555
M a r c h ....................... 1 3 -2 0 o . I June .....................
1 2 -2 5 o .
| e p t .......... l l lO o
S
A p r i l .................. 12-850. July.................... lt-9 0 o .
O c t ................. 10'95o'
M a y ........................... 1 2 - 6 5 0 . 1 A u g .........................l l - 5 0 c . I N o v ........................1 0 -8 0 o ]
Raw sugars have been in active request and prices have
advanced, closing firm, with buyers at quotations. Centrifu
gals quoted at 4 3 16c. for 96-deg. test and muscovado at
Z%c. for 89-deg. test. Refined sugars have been in increased
demand at higher prices. Granulated quoted at 5%c. Teas
have been quiet and easy. Spices have shown strength.
There was a demand for the choice grades of Kentucky to
bacco. but owing to the absence of supplies the business trans
acted was small Seed-leaf tobacco has had only a very limited
call but prices have held steadv. Sales for the week were
780 cases, as follows : 100 cases 1893 cron, New England H a
vana, 7(38c. : 150cases 1894 cron,New England Havana. 8@16 ;
100 cases 1894 crop, State Havana, 9@12c.: 100 cases 1894
crop, Zimmer’s, 10%c.; 80 cases 1893 crop, Zimmer’s. 10%c.:
100 cases 1893 crop, Pennsylvania Havana, ll% c ., and"l50
cases sundries, 4@16c.; also 200 bales Havana, 40c.@1 78 and
1,500 bales Sumatra, 38c.@l 10 in bond.
^
Speculation in the market for Straits tin has continued
quiet and prices have made a slight further decline, closing
easy at 13 25c. Ingot copper has received increased attention
and pr’ces have been steadier, closing firm at 11c. for L ik e .
Lead has advanced in response to stronger foreign advices'
closing firm at 3 20c. for domestic. Spelter has been firm)
closing at 4'15 34-20c. for domestic. P ig iron has been steadv
at 11 75(313 50 for domestic.
Refined petroleum has further advance 1, closing at 7 50c.
in bblu, 5 00c. in bulk and 8-40c. in cases: crude in bbls has
been nominal; naphtha unchanged at S 25c. Crude certifi
cates have been firmer, closing at $1 40 bid. Spirits turpen
tine has been easier, closiag at 28%329c. Rosins have been
firm at unchanged prices, closing ac $1 70@l 75 for common
and good strained. Wool has sold slowlv but prices have
-been firmly maintained. H ip s have been q u in and weak.
M o b i l e ...........
1 ,7 8 1
4 ,5 7 4
442
1 ,4 5 6
1 ,0 3 9
1 ,5 1 3
S a v a n n a h ...
1 3 ,7 0 9
1 4 ,2 4 3
8 ,4 3 1
7 ,9 8 2
1 0 ,9 6 7
1 7 ,0 7 7
C h as’ to n , & c
2 ,3 6 3
1 3 ,1 2 2
2 ,3 3 7
1 ,3 2 9
1 ,9 1 1
9 .9 5 1
W t lm ’ t o n .& c
1 ,3 8 7
2 ,4 6 3
499
351
623
2 ,1 6 5
N o r f o l k .........
9 ,3 8 4
1 0 ,0 6 5
4 ,9 7 0
3 ,4 9 9
4 ,2 8 7
W . P o in t , & c.
1 ,6 1 0
5 ,3 0 5
2 ,8 2 2
1 ,0 0 7
4 ,2 3 2
4 ,1 8 2
A l l o t h e r s ...
6 ,3 1 5
1 4 ,7 9 2
3 ,7 2 7
7 ,5 3 4
7 ,5 1 1
1 1 ,9 2 2
T o t . t h is w k .
6 9 ,4 6 0
1 2 3 ,1 3 3
4 9 ,3 5 5
5 2 ,1 1 1
• 6 5 ,1 8 8
1 0 0 ,8 0 3
6 ,7 1 6
S in c e S e p t . 1 4 6 8 6 , 4 7 5 7 1 1 1 ,5 4 3 5 4 2 2 , 6 6 4 4 5 0 4 , 0 0 8 1 6 4 4 3 , 5 1 2 6 2 0 2 , 9 9 0
The exports for the week ending this evening reach a total
of 100,385 bales, of which 48,615 were to Great Britain, 2,075
to France and 49,695 to the rest of the Continent. Below are
the exports for the week and since September 1, 1895.
E orts
xp
from
—
W E d gMrch2 0 , 1896. F S t1, 1895, to M . 20,1890.
eek n in a
rom ep
ch
E orted to—
xp
E ited to—
xpo
G t
rea
C ti T l G t
on ota rea
C ti ota
on
B n ■ r ne n t. W . B in F n n t. T l.
riT . Fa c en eek rita . ra ce en
Galveston...... 6.593
Tex. City, Ac,. 1.80?
New Orleans.. 27,572
Mobile & Pen.
Savannah ......
Brunswick......
Charleston*...
Wilmington...
Norfolk..........
West Point....
N’p’t News, &c 1,101
New York...... 7,705
2,0?4
Boston...........
1,020
Baltimore......
783
Phlladelp’a,&c
6,593
2,711 4,518
1,525 21,103 60,200
4,177
8 616
550
5,856
7,196
30
3^6,404 93,014
34,908 4,350
535,402 271,426
03,655
4,177
35,380 26,349
46,323
8,016
85,414
35,903 1,770
32,859
9,930
1,101
11,673
14,111 2S3.99P 23,725
2,034 184,714
8,216
47,138 1,013
819
0,531
148,504 807,982
73,460
34,208
442,889 1,249,777
93,602
29,947
248,553 310,288
60,774
2 i,451
103.063 248,477
90.708 128,381
44,227
11,368
9,930
11,073
18?,334 441,108
2,128 180,842
55,3s 103,535
4
25.919 32,450
48,015 3,075 49.095 ICO,385 1,730,359 421.047 1,45-1,506 3,608,512
Total.........
Total. 1894-95. 59,971 10.522 54,593 131,089 2,805,186 07M
.871 2.005,470 5,490,527
■
4 * Including Port Royai.
THE CHRONICLE
M a r ch 31, 1890,]
I n addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at tne ports named. We add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows, Produce Exchange Building.
555
S ales and P rices of F utures at New York are
by the following comprehensive table
~*T
OX SHJFBOAJtE , SOT CLEARED FOR—
March 20 at—
Other CoastGreat
B ritain. France Foreign, wise.
8,700 25,253
5.86 >
726
None.
2.000
None.
4,600
None,
None
3.700
None.
475 10.-200 ;
None. ■ 7,000
New O rleans..
G alveston........
Savannah........
C harleston.. ..
M o b ile ..............
N o rfo lk ............
New Y o r k ___
Other p orts___
13,109
10,928
Hone.
None.
7.000
4,000
8,600
13,000
T otal 1896..
56,937
64,171
4 1,842
47,665
18.244
2,000
4,900
7,000
16,000
19,273
20,000
58,622
14.200
13,819
243
721
No- e.
3 -0
None.
8,300
None,
None.
9.564
133,08 1
547.671
66,632
42,190
9,901
T otal 18 85...
T otal 18 04...
B earing
Mack.
Total.
20,813
12.4X2
185.810
113.263
767,300
692,048
202,791
37,927
49,518
25.984
18,9.83
18,388
143,320
50,860
The speculate n in cotton for future delivery at this market
opened on Saturday last with continued show of strength,
growing out of confidence of operators in the statistical posi
tion; but there was little spirit to the dealings, and on Mon
day a weak report from Liverpool caused a lower opening,
but later the fatly decline was recovered. On Tuesday in the
face of a decline of l-64@2 6 id. in Liverpool, pi ices inade a
sharp advance, with dealings on a large scale. It was reported
that large freight engagement* had been nude at New Or
leans for April and May shipment. It was noticed that May
and the summer months all brought about the same price, in
dicating an effort to “ corner" May contracts. The re
appearance of war rumors in Europe, though ignored
in this market, may have contributed to the early
depression in Liverpool. On Wednesday there was re
newed buoyancy, owing to the continued active speculation
for the ri#e, and a brisk demand to cover contract*, to which
a sharp advance in Liverpool contributed.
Yesterday an
early advance for this crop on a continuance o f the foregoing
influences was soon lost under selling to realize, many opera
tors feeding inclined to take profits. To-day Liverpool op**ne t
2-64©SMMd, lower, but aa this no more than met our decline of
yesterday, th>a market opened about steady. The tiferint were not liberal, and prices gradually improved, with
Liverpool recovering most of it* early decline, and the interior
receipts oonlinuirg quite email, la t h e afternoon, however,
frtsh weaknf w was developed. The close was steady at sonic
decline for the day, but ns compared with last Friday It® !!)
points dearer for this crop and irregular for the next crop,
September-October being 1 point dearer and November-January 2<g 4 point* lower. Cotton on the spot advanced 3-10c. on
Tuesday and **c. on Wednesday. There was more done for
export previous to the ri*e. To-day the market was quiet at
7 18*160, for middling uplands.
The total sales for forward delivery for the week are 1,319,100
bales. For immediate delivery the total sales foot up this week
3,932 bales, including M is for export, l,.Ut for consumption.
— for speculation and 1,200 on contract. The following are
the official .imitations for each day of the past week March 14 to March 20.
Rates on and off middling, as established Nov. 22, imi-i
and revised Dec, 11,1898. by the Revision Committee at which
grades other than middling may be delivered on contract:
Fair....*.................... 0 1<4 on. G ood O rdinary......... .. . e , l
.
Middling F a i r . . . . . . . . .......
Strict U w l M iddling.......
5*
H
Good Middling.................
on.
on.
G ood M iddling T tneed. ..
Strict M iddling S ta in ed . .
Middling S t a in e d .....___
Strict Low Mid. Stained.,
on.
Strict Low M iddling.........
oft.
Low M idd lin g...................
off.
Strict G ood Ordinary....... » i,* o a .
Vow
M i d d li n g S t a i n e d . . . .
oil
Even
7,» oft.
3* cut.
*wt oil.
1*4 off
On this basis the prices for a few of the grades would
be a*
fo llo w s .
UPLANDS.
S a t ., M on T tt«» W ed
GU LF.
Th.
F* i
1.
7N
8
7
r
P: !V
2 'b -i
7®i*
7 -J „
8>
4
81*,,
S a t, j S oo T o m
Good O rdinary................. ..
Low Middling....... ......................
M iddling............................... .
Good Mid t ito e ......... ............ ..
Middling Fair..............................
W ed
Th.
Fr
g«5l«j f b i
7*4
»• s
V «- i t
S»,*
8%
j d
H
8»t«
'
Good O r d in a r y ..,.....................
Low M iddling....... ................. ..
MMdllnv ...........................
Good Middling....................... .
Middling Fair............................
«U
* »* ,.
STAIN ED,
Sat-
t o w Middling............................. ; o n ,
Middling..............................
Strict Middling .......................
G ood Middling T inged....... .
?•«.,
7%
T i t ,,' s**
8*4 ;• 9 7 ,,
S 'V
9
Ih
89.4
9%
73, 4
9%
9 * .,
t?NI
R o n T u t * W e d T il .
«T,„
7 - ..
ft
7 ,• 7'--'--, 7 v i „
>
7 )
7M .„ 7 a
B3i
7-\
n
n\
F it
7S>
<=
7 -* „
8
8 i,,
73,0
7 «,
7.5,,
MARKET AND SALES.
sa les
SfOT VARKK7
Ms: pnei,
SatTfay
-taadv
Monday. Quiet A steady
T n o O a v q ' t * « t ' y . ' i iond.
Wed'day j.iiot
!„ Mir.
Thttritfr-Steady.............. f
Friday. Own »t i „ dec.
T o t a l......................
1,418
... :
1 1,419
or neoi Asn costraacT.
Oem-
§m e-
wump. td’i'n
-■ - - - - -
(JanIm w, j Total.
...
62 f, fQ
ij.
tW " We have include,! in the above table, and shall continue ea ch
wenb to give, the a varuste Brine o f futures each d ay for each month. It
will be found under eat-I dav follow in g th» abbreviation * Av’g,-.” Tlio
t
•
average fo r each mouth fo r the week t* also given at bottom o f table.
Z W For exchanges see page 858.
T he V isible S upply of-Cotton- to-night, as made up by cable
and telegraph Is aa follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns
*nd consequently alt the European figures are brought down
to Thursday evening. But to make the totals the complete
I figures for to-night (Mch. SO), we add the item of exports from
1.200. 3.952 X,319,100 the United States, including in it the exports of Friday only.
249 . . . .
1.100
219 .. .
301
. ...
io o
146 . ...
,
3*«0> . . . . .
150 . . .
1.334
Hates of
October, for October, t -«.*< • ; Soptoinbor VovOinlmr. f ir November*
117,200; September-Dor.-.mtM-r, f r December. 1.697.200: Septem ber,
Jnnimiy, for Jnnfmry, 11,113,100; September-February, fo r Fobrunry,
249
1,319
1,819
1 10
269
150;
55,600
17r,9O0
317.600
320,400
204,900
181,700
THE CHRONICLE.
556
1896.
1895.
1894.
1893.
[VOL. L X II,
Q U O T A T IO N S FO R M ID D L IN G
COTTON AT
O T H E R M A R K E T S .—
1!™* 1 “ Tuff.?01..... bales" 1,U? S l,81fi non 1,847 rt00 ’0O5 0 0 0 Below are closing quotations of middling cotton at Southern
‘,'
Total Great BrYtata'^ock. Mss'.ood l.SiS.OOO 1 ,8 *7 ’ ooo 1,6597000 and other principal cotton markets for each day of the week.
,
S to c k
S to ck
S to c k
S to ck
S to ck
S to c k
S to c k
S to c k
S to c k
8 to o k
at
at
at
at
at
at
at
at
at
at
H a m b u r g .........................
B r e m e n .............................
A m s t e r d a m ..................
R o t t e r d a m ......................
A n t w e r p ............................
H a v r e ..................................
M a r s e ille s .
B a r c e l o n a ........................
G e n o a .................................
T r ie s t e ................................
T o t a l C o n t in e n t a l s t o o k s ..
2 4 .0 0 0
2 1 5 .0 0 0
1 7 .0 0 0
3 0 .0 0 0
3 4 9 .0 0 0
2 6 ,0 0 0
2 5 7 ,0 0 0
9 ,0 0 0
200
1 4 ,0 0 0
2 9 7 ,0 0 0
7 ,0 0 0
7 9 .0 0 0
8 1 .0 0 0
2 4 ,0 0 0
21.000
2 00
W eelc e n d i n g
M a r c h 20.
200
6,000
5 0 2 .0 0 0
5 ,0 0 0
9 5 .0 0 0
3 5 .0 0 0
1 4 .0 0 0
1 9 .0 0 0
4 7 2 .0 0 0
7 ,0 0 0
8 2 .0 0 0
1 8 ,0 0 0
1 8 ,0 0 0
7 9 4 ,2 0 0 1 ,0 5 7 ,2 0 0
8 7 2 ,2 0 0
T o t a l E u r o p e a n s t o o k s ___ 1 , 9 4 9 , 2 6 6 2 , 8 7 5 , 2 0 0 2 , 7 1 9 , 2 0 0 2 , 4 1 6 , 2 0 0
1 6 5 ,0 0 0
6 3 ,0 0 0
1 7 3 ,0 0 0
9 3 ,0 0 0
I n d ia c o t t o n a t fo a t f o r E u r o p e
2981000
3 2 1 ,0 0 0
2 6 1 ,0 0 0
2 0 2 ,0 0 0
A m e r .c o t t o n a f lo a t f o r E u r o p e
3 0 ,0 0 0
3 3 ,0 0 0
3 4 ,0 0 0
3 3 ,0 0 0
E g y p t ,B r a z il,.f c o .,a llt .f o r E 'p e
S t o o k in U n it e d S t a t e s p o r t s .
6 8 2 ,7 5 5
9 5 3 ,1 7 6
8 0 5 ,9 1 1
8 6 6 ,5 9 5
S t o c k in U . S . In te r io r t o w n s ..
3 3 4 ,1 8 3
3 4 4 ,8 3 6
2 8 7 ,1 5 5
3 9 4 ,4 1 1
U n it e d S t a t e s e x p o r t s t o d a y
2 5 ,6 2 9
3 0 ,1 8 1
3 ,1 7 7
4 ,6 7 9
T o t a l v i s i b l e s u p p l y ............. 3 , 4 8 4 , 7 6 7 4 , 6 2 0 , 3 9 3 4 , 2 8 3 , 4 4 3 4 , 0 0 9 , 8 8 5
O f t b e a b o v e , t o t a l s o f A m e r i c a n a n d o t h e r d e s c r ip t io n s a r e a s f o l lo w s :
American—
L i v e r p o o l s t o c k .................. b a l e s
C o n t in e n ta l s t o c k s .........................
A m e r ic a n a f lo a t f o r E u r o p e ..
U n i t e d S t a t e s s t o c k .......................
U n it e d S t a t e s in t e r io r s t o c k s .
U n it e d S t a t e s e x p o r t s t o d a y .
9 4 9 ,0 0 0 1 ,6 7 4 ,0 0 0 1 ,5 4 2 ,0 0 0 1 ,4 0 7 ,0 0 0
6 9 2 ,0 0 0
9 7 9 ,0 0 0
7 6 1 ,0 0 0
6 4 9 ,0 0 0
2 9 8 ,0 0 0
3 2 1 ,0 0 0
2 6 1 ,0 0 0
2 0 2 ,0 0 0
6 8 2 ,7 5 5
9 5 3 ,1 7 6
8 0 5 ,9 1 1 8 6 6 ,5 9 5
3 3 4 ,1 8 3
3 4 4 ,8 3 6
2 8 7 ,1 5 5
3 9 4 ,4 1 1
2 5 ,6 2 9
3 0 ,1 8 1
3 ,1 7 7
4 ,6 7 9
CLOSING, QUOTATIONS FOB MIDDLING COTTON OXS a tu r .
G a lv eston . .
New Orleans
M o b ile .........
S avannah...
Charleston..
Wilmington.
N o rfo lk .......
B oston .........
B altim ore. .
Philadelphia
Augusta.......
Memphis___
St. Louis___
H ou ston ___
C incinn ati..
L ou isville...
7 018
7=8
71,8
738
738
7ia
7 l i 16
7 78
7^
7*2
7 016
7 " ,8
7T16
7%
E a s t I n d i a n , B r a z i l , die.—
2 4 7 ,0 0 0
5 ,0 0 0
1 0 8 ,2 0 0
9 3 .0 0 0
3 3 .0 0 0
T o ta l E a s t I n d ia , & c ............
5 0 3 ,2 0 0
4 8 6 ,2 0 0
T o t a l A m e r i c a n ...................... 2 , 9 8 1 , 5 6 7 4 , 3 0 2 ; i 9 3 3 , 6 6 0 ; 2 4 3 3 , 5 2 3 ; 6 8 5
T o t a l v is ib le s u p p l y ............3 , 4 8 4 , 7 6 7 4 , 6 2 0 , 3 9 3 4 , 2 8 3 , 4 4 3 4 , 0 0 9 , 8 8 5
M i d d li n g U p l a n d , L i v e r p o o l ..
'
'
—
413,2d.
3932d.
4 -x8d.
5d.
M i d d li n g U p l a n d , N o w Y o r k .
7 is ,» o .
6=l„C.
79 fC.
8 ' “ ,60.
E g y p t G o o d B r o w n , L iv e r p o o l
6 k,d .
5 is d .
5=sd.
5 9 .6d.
P e r u v .R o u g h G o o d , L iv e r p o o l
6% d.
63gd.
53sd.
5i=Lpd.
B r o a c h F in e , L i v e r p o o l ..............
4 3 ,6d.
5=84.
3=igd.
433d.
T in n e v e lly G o o d , L iv e r p o o l..
43lc d.
4 3 l6d.
5d.
3% fl.
IESP The imports into Continental ports the past week have
“
been 64,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 1,185,626 bales as compared with the same date
of 1895, a falling off of 798,676 bales from the corresponding
date of 1894 and a decrease of 525,118 bales from 1893.
A t t h e I n t e r i o r T o w n s the movement—that is the receipts
for the week ^nd since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1894-95—is set out in detail below.
-B
1
-
!
£
®
8
CCQ
o 5
©
o s
►C
fi
: !s O :
o:
r ;
P
P
C
O
r g
: 3;
:
•
.
^
:
7)
. Jg g ,
. .
.
.
co P G
E > o
~^2
713
7« ib
79,8
713
7%
7H
7ki
7 '4
6=8
OW W HC
lOCOMOCC
ClCOClM p . ^ !T 9
^ o
® 1 1 w ^ V © "1 C Oi 00Ci W C. to C m
1
^ is;r.’
P 0^
1 , v ^ 0 ©X<0w< o o co>>o <Ocoi«D o ® w O5o
0 © 1
to 1 mw o gi
• s^ © M D D C C (M JiaO C
J© M £-M C C © H C C M 5**4U M tf9.C tO 5*JC rf*©
M
C
Feb. 14......
“ 21......
“ 28......
Mcb. 6......
“ 13......
“ 20......
7%
8
8
SH
7%
7=8
7=8
7=8
7%
71,627 132,989 106,446 376.763 442,289 458,279
82,891 91,807 109,395|363,821 420,269 438,487
67,858 137,940 j 95,659 347,040 402,728 410,983
70,051 119,835 85,286,322,111 388,860 384,268
06,530 132,381: 71,5181304,814 352,976 362,634
49,355 123,133 69,4601287,155 344,836 334,183
to
C
D
WM
M
M
M a to fcVsOOcc Wto H D «0 MMC C W> C C O ® M
O
S D UOO
Q
® 9 C J ;-;lM D M C 5
C *.C C C M © lC < C »-tv© C C iC O i< *‘.]m
-i-v| O J O iO J
-ICOCtC — COiCKJOJi-tOW-lr ]tfc»C «P
“ ' utoascn-accDcocowcocncooow
< K Mtopapo
3)
tO
F
MS j
I
1st
v e r l a n d
M
o v e m e n t
fo r
t h e
W
e e k
20
7= e
714
73 3
7518
85,582
89,603
68,155
58,571
49,884
41,009
a n d
S in
c e
Se
p t
. 1 .—
Since
Sept. 1 .
■I
Since
Sept. 1 .
2 0 ,6 9 5
9 5 1 ,3 5 9
3 5 ,7 5 0 1 ,5 4 6 ,6 8 4
5 ,8 2 3
16
1 ,2 0 5
2 1 2 ,8 2 5
2 ,9 0 1
3 8 ,0 5 5
1 3 ,6 1 9
987
1 ,2 3 9
4 1 0 ,1 3 2
2 5 ,0 4 8
5 7 ,1 9 2
4 9 2 ,3 7 2
V ia L o u i s v i ll e .........................................
V i a C in c i n n a t i ................................. ..
V ia o t h e r r o u t e s , & o .........................
2 ,2 6 6
2 ,S 2 7
823
T o t a l g r o s s o v e r la n d ..................
Week.
2 0 ,5 3 9
4 ,6 8 6
1 ,5 0 0
188
2 ,4 3 5
4 ,6 2 9
9 ,2 1 1
5 ,2 1 8
350
O v e r la n d t o N . Y . , B o s t o n , & o ..
B e t w e e n i n t e n o r t o w n s ..................
I n l a n d , & c ., f r o m S o u t h ..................
1 8 9 4 -9 5 .
4 5 5 ,8 4 8
2 1 0 ,9 8 7
1 4 ,6 1 3
68
1 1 5 ,0 7 6
7 8 ,0 2 3
7 6 ,7 4 4
V i a S t. L o u i s ...........................................
V i a C a ir o ....................................................
V ia P a r k e r C i t y .....................................
Deduct shipments—
to
to <1 w o -1 to C
W'<1 p
m to'-g to w m oo to'Vo m
^ ^ w c o ® a »b i <1 co t-* a ao w 60 ©
'l ,ft -rri C O W ^ 0!O K C C^ O ^ r -*r O ll-» w co cn to © to cc o« © co o 01 ot to co cn co ifk co rfs.
7»4
57,473 108,825
69,949 69,787
51,077 120,399
45,122 105,967
49,233 97,497
31,690 113,993
Shipped—
to
£ < «'«■
1
7=8
7%
7=8
734
N a tc h e z. . . .
R a l e i g h .........
S e lm a ...............
S h r e v e p o r t ..
7 k!
7%
738
7=2
I E u f a u l a ...........
L ittle R o o k ..
M o n tg o m e ry .
I N a s h v i l l e ___
Week.
cn
734
8
8
83ifl
7%
7%
The above statement shows: 1.—That the total receipts
from the plantations since Sept. 1. 1895, are 4,987,958 bales; in
1894-95 were 7,399,049 bales; in 1893-94 were 5,683,653 bales.
2.—That although the receipts at the outports the past week
were 69,460 bales, the actual movement from plantations was
only 41,009 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantation s
for the week were 113.991 bales and for 1894 they were
31,696 bales.
§ t-a
n s:
>
a £.
e?1C
o
CC
Ob
713
7%
7=8
7 k!
I n s.
eceip
e orts. S
terior T n R tsfromPa t'n
ow s. ec'p
W
eek R ts at th P ^ t'katIn
E d g 1894. 1895. 1896. 1894. 1895. 1896. 1894. 1895. 1896.
n in —
March
09
to
734
7^ 10
713
79 ib
738
73s
7=8
7 78
8
8k,
711,8
73,8
7=8
7-=8
7ks
73i
1 8 9 5 -9 6 .
P
O Mife C to Mto MW to H*CWH <1(0 C
-’co O
I
>
-0»C 0t0*005O W 5C 0 0l<lt0Q W
;*-*C
tJ^ C 0ifi‘C l0
0W
M G O U O G ^ O C C MtOO O O' M© <1G ® C C <HO MMC M
^ i r J
l O
l
T
D
O
pM W G
«
7 78
738
738
713
71:>18
7 78
7 1o16
7J3
7>2
7»i«
7 » ,g
713
734
7%
7 '3 1S
7=8
7=8
7k!
7°8
71‘ -6
We give below a statement showing the overland movement
foi l.hi week and since September 1. A s the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as m our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Mch. 20.
and since Sept. 1 in the last two years are as follows.
•
2.
79i„
7=8
7k,
7’ ie
73s
738
7k!
711,8
7 78
8is
7=8
F ri.
T h u rs.
r o m
t h e
P l a n t a t i o n s . — The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop w hich
finally reaches the market through the outports.
O
0
< 5
= * S I *-+rr
0J?3S5." ~ s k -i l l ’s
®
°
W ed n es.
T u es.
The closing quotations to-day (Friday) at other important
Southern markets were as follows.
A t l a n t a ................
C h a r l o t t e ............
C o lu m b u s , G a .
C o lu m b u s ,M i s s
T o t a l A m e r i c a n .................................................. 2 , 9 8 1 , 5 6 7 4 , 3 0 2 , 1 9 3 3 , 6 6 0 , 2 4 3 3 , 5 2 3 , 6 3 5e i p t s f
Rec
L i v e r p o o l s t o c k ................................
1 9 9 ,0 0 0
L o n d o n s t o c k ......................................
7 ,0 0 0
C o n t in e n t a l s t o c k s .........................
1 0 2 ,2 0 0
I n d ia a f lo a t f o r E u r o p e ........................................ 1 6 5 , 0 0 0
E g y p t , B r a z il, & o ., a f l o a t ................................... 3 0 , 0 0 0
M on.
1 ,7 7 3
7 9 3 ,2 7 1
2 9 5 ,0 8 3
2 8 ,5 4 5
3 ,3 3 7
1 5 1 ,7 9 1
1 4 6 ,8 9 9
1 2 7 ,1 5 8
'iS m S rS -X’*“^ k
P SS
'30^-lM i>t*.tC i£-M M W C tO
O
W ^M tO C tO M
•vjMcpwac<iociM--ioouooo»^i-qto®®--iMOM(^.WMGi®toco
M M — tvC5w’tC t0 t0 ^ 1 O © ^ lM C © Q C C C *M O W C D © © W C D *-C 5 t0 W M
Cl M W
W
®
M
C0C5M O »C»M titO 0:t009O i0JC5^i(=-W M
MM
M
M
CDCiC5COC5*^W — C5<lWM
T o t a l t o b e d e d u c t e d ....................
2 5 3 ,7 8 1
1 5 ,8 4 5
1 3 ,6 5 1
6 9 7 ,5 7 8
1 9 ,9 0 5 1 .0 5 4 ,3 1 2
* I n c lu d in g m o v e m e n t b y r a il t o C a n a d a .
sta
=rs-
>e
P P P P P P P P r ^ P P P P P Jr'PP P P P P P P f 1cs to <1 c* c i « co
o 35 X- a
1
*5 9s
'C ^
~MO ® C C Vl c ; W o W V] cri w *
O C
m
#*OC C'O N rO OC 'H C CCitf*M M (O Oi|t‘ C l''A lH < lW | t.O O iO O C O O i4 > .
The foregoing shows that the week’s net overland movement
this year has been 13,651 bales, against 19,905 bales for the
week in 1895, and that for the season to date the aggregate net
overland exhibits a falling off from a year ago of 356,734 bales.
In Sigh t and Spinner#'
Takings.
C tO 5tO itO i»4-<lW ® G ® C iO iG fJ
O G C O
W M O M iO iC iO D
©MH
jq
Ci
O M tO M M
to M
to
WM M
to M M ^ M
H C ©*>-‘ w b
Ji
® C WW
O
VVl
Mc C d o C
O
O
W -1 M WCC to O C ® <1 C to C5 M M <1 (U C I G» O M <1 O C5W O t o ® to Ifk®
O
J
7 ,0 4 4
L e a v i n g t o t a l n e t o v e r la n d * ..
C
O
R e c e ip t s a t p o r t s to M o b . 2 0 —
N e t o v e r la u d to M c h . 2 0 ................
S o u th e r n c o n s u m p t io n t o M c h . 2 0
w
M
W
tOH
-1
-CSMtO
WWCDtOOCHWCiGitto W 05 to co M • M - 1C C; or Cl — M C Gi to <1 MCOO ^ ’c b - d C o Y - <1 C5 00
O
*
O
T o t a l m a r k e t e d ...............
I n t e r io r s t o c k s in e x c e s s
* L o u i s v i ll e fig u r e s “ n o t ” in b o th y e a r s .
t T h is y e a r ’ s fig u r e s e s t im a t e d .
1 L a s t y e a r 's f ig u r e s a r e f o r C o lu m b ia , 8 . C .
Week.
s«g ;
C T O O M <lC C U C
flG O »tO tO ® O O itO 500tO 5i^® O lC |^C
C C C O 5'-ia«® ®
M
tO^!05C«t^l *^OCf«qOOtOOCOOt^®05C5W> t O “J®C5^1Gto
“'lM T•_>c . — co w i®
C ’ co — tc • v
O
—
o. c c m c o x c ■-' x i ; : : c t o w
1 8 9 5 -9 6 .
C a m e i n t o s i c h t d u r in g w e e k .
T o t a l i n s i g h t M c h . 2 0 ...............
N o r t h ’ n s p i n n e r s t a k ’ g s to M c h .2 0 |
Since
Sept. 1 .
1 8 9 4 -9 5 .
Week.
Since
Sept. 1 .
6 9 ,4 6 0 4 ,6 8 6 ,4 7 5 1 2 3 ,1 3 3 7 ,1 1 1 ,5 4 8
1 3 ,6 5 1
1 9 ,9 0 5 1 ,0 5 4 ,3 1 2
6 9 7 ,5 7 8
1 7 ,0 0 0
5 6 8 ,0 0 0
5 0 2 ,0 0 0
1 6 ,0 0 0
1 0 0 ,1 1 1 5 ,9 5 2 ,0 5 3 1 5 9 ,0 3 8 8 ,6 6 7 ,8 6 0
* 2 8 ,4 5 1
3 0 1 ,4 8 3
2 8 7 ,5 0 1
* 9 ,1 4 0
7 1 ,6 6 0
1 4 9 ,8 9 8
6 ,2 5 3 ,5 3 6
8 ,9 5 5 ,3 6 1
3 8 ,3 6 6 1 ,3 6 4 ,3 4 0
3 9 ,7 9 8 1 ,8 2 3 ,8 1 9
* D e c r e a s e d u r in g w e e k .
The above totals show that the interior stocks have decreased
during the week 28,451 bales and are now 10,653 bales less
It w ill be seen by the above that there has come into sight
than at same period last year. The receipts at all the towns during the week 71,660 bales, against 149,898 bales for the
have been 44,259 bales less than same week last year and since same week of 1895, and that the decrease in amount in sight
Sept. 1 are 1,947,644 bales less than for same time in 1894-95.
to-night as compared w ith last year is 2,701,825 bales.
M arch 21, 1896,]
THE CHRONICLE.
W eather Reports by Telegraph ,—Reports to os by tele
graph from the South this evening indicate that rain has been
general during the week and that in some districts the pre
cipitation has been rather heavy. Farm work has been in
terrupted by the rata and has consequently made only
fair progress on the whole.
Galveston, Texas.—Light showers during the week have
retarded farming operations generally, although there were a
few favorable days when work progressed. From Seguia it
is r- ported that some farmers have commenced planting cot
ton, but over the northern portion of the State only a limited
amount of land has yet been prepared for planting. It has
rained heavily on three days of the week, the precipitation
reaching two inches and eight hundredths. The thermome er
has averaged nil. ranging from 45 to 68,
Palestine, Texas.—We have had rain on three days o f the
past week, to the extent o f eighty-ninehundredth* of an inch.
The thermometer has tanged from 33 to 67, averaging 50,
Huntsville, Texas.—There has been rain on three days dur
ing the week, the rainfall being one inch and eighty hun
dredth- Average thermometer 50, highest 68 an i lowest 83,
Dallas, Texas.—Frost on the 15th. We have had rain on
two date of the week, to the extent of ninety- nine hundredths
of an inch. The thermometer has averaged 46, the highest
being 85 and the low ed 27.
■ an Antonio, Texas.—It has rained on two davs of the
S
week, the precipitation reaching sixteen hundredths of an
inch. The thermometer has averaged 56, ranging from 33
to 74.
Luting. Texas.—Frost on the tilth. We have had rain on
two days of the week, to the estent of ten hundredths o f an
iclcb. The thermometer has ranged from 38 to 75, averag
ing 56.
Columbia, Texas.—There hits been heavy rata on two days
during the week, the rainfall reaching thr*‘e inches and two
hundredths. Average thermometer 58, highest 73 and low
est 43.
Cuero. Texas.—We have had light rain on two day* of the
past week, t» the extent of ftfty-two hundredths of an inch.
The thermometer has averaged 36, the highest being 74 and
the lowest 38.
Brenhnm, Texas.—It ha* rained on three days of the week,
the precipitation reaching two inches and nine hundredths.
The thermometer h»* averaged 54, ranging from 34 to 75.
Belton, Texas —We have had rain on two dav* of the past
week, t< the extent of eighty-four hundredths of an inch. The
>
therm--tn-'sr has ranged from 83 to 7i, averaging 82.
Fort Worth, Texas.—There has been rain on two day* dur
tag the week, the rainfall being nir ety-four hundredths of an
inch, average thermometer 46, highest 64, lowest 27,
Weatherford, Throe.—Hard frost on the I0‘b. Farmer**
can only work one or two day* a week, ant! cotton lard is yet
unbroken. Rain has fallen on two day* o f the week, the pre
cipitation being ninety-six hundredth* of an Inch. The ther
mometer hag averaged 48, the highest feeing 85, and the low
est 26,
Hem Orleans. Louisiana.—There ha* teen rain on four days
of the week, the rainfall reaching two inches and ninetythree hundredth*. The thermometer has averaged 54.
Shrr,smart, fx>tdmana.— W r have had rain on five .lavs
during the past week, to the extent of one inch and five hun
dredth*. The thermometer h i ■ranged fr >m '->>to 67, a%vr ig-
557
Montgomery, Alabama.—The week’s rainfall has been sixty
three hundredths of an inch on four days. The thermometer
has averaged 49, the highest being 59 and the lowest 39.
Selma, Alabama, —There has been rata on three days of the
week, the rainfall reaohing one inch and thirty-three hun
dredths. The thermometer has averaged 50, ranging from
29 to 73.
Madison, Florida.—Telegram not received.
Columbus, Georgia. —Rain has fallen on one day of the
week, to the extent of seventy-three hundredths of an inch.
Average thermometer 40, highest 56 and lowest 31,
Savannah, Georgia.—There has been rain on two days of
the week, the precipitation reaching seventy-seven hundredths
of an inch. The thermometer has averaged 53, the highest
being 63 and the lowest 37.
Augusta, Georgia.—It has rataed on three day* of the
week, the precipitation reaching thirty-two hundredths o f an
inch. The thermometer has averaged 49, ranging from 30
to 71.
Charleston, South Carolina.—Rain ha* fallen on two days
of the week, to the extent of sixiv-rice hundredths of an inch.
The thermometer has »anged from 40 to 68, averaging 53.
Stateburg, South Carolina.— Weather ha* been unfavora
ble for ploughing. Some cw n ha* been planted. Riin fell
on Monday and Tmirsday, the rainfall reaching seventy-four
hundredths of an inch. Average thermometer 43'3, highest
88. lowest 30,
Greenwood. South Carolina —The thermometer ha* aver
aged 45. the highest being 73 and tiie lowest 30.
Wilson, North Carolina.—There has been rain during the
w e e k , to the extent o f one inch and twenty-four hundredths
of an inch, on two d ivs. The thermometer ha* averag d 49,
ranging from 28 to 76.
The following statement, we have also received by telegraph,
showing the height o f the rivers at the points named at
3 o ’clock March 19, 1898, and March 21, 18»5,
Itch. 19, '96. Mrh 2 1 , ’ 9 5
New Orient* ..
M e m p h is
.......A bove Hero o f gauge
...........
N ashville..........
S hreveport.......
,u . ." .
....... A bov e M*ro o f gauge.
Feet.
Feet.
S' 1
10-1
29'*
12-2
16-6
8-0
1 7 -7
27*8
9-1
25-0
&C.—The market for jute bagging
has teen featureless during the past week, and prices are
nominal at 3 r,c . for \ \ Ibe., 4>7c. for 3 lbs. and 4 ' , c. for
standard grade*. Car-load lots for standard bunds are quoted
at 3T|jo. for I ■ Ibe., 4 '4 \ for 3 lbs, and 44j£o. for 2J4 lbs, f.o.b,
.
at New York. Jute ou ts have bean devoid of anuniti m at
ljje . for paper quality and 1 *^0, for mixing.
J c t f , H a r r s , B a O O IH u .
India Cotton Movement From all Ports.—The receipts
and shipments of cotton at Bombay have been as follows for
the Week and year, bringing the figures down to March 19.
BO BA aacctrN **o sutpxtsirrs fob four years.
M Y
*•'"
......
-
,SV/./, L
tr n r Qrmt ContiOreai \ GonUB r ifn vMmL Tmtett. jfcjftgiin \ umU.
••J.vts 1,000 10,00*1 11 .OOP 39.000 36.1.000
- n 5 ........ 8,000 9,000
3,000 117.000
'93-4
.... 28.000 29,000 28,000 312,000
23.000 21,000 15,000 312,000
U*4». 1,000
_ , .
Total.
pis.
1
This
w «A .
Since
Sept. 1.
404.000 83,000 t,21 *,000
-*■.i7,>ioo 538.000
340.000 78,000 959.000
827.000159.000 728.000
Accordic g to the foregoing Bombay appears to show
an in cream compared with last year in the week's receipts of
IS,000 bale s and an mm:r e n te m shipment* o f 3,'M)) bal >s, and
Columbus, Mississippi,—R ii;ifat 1 for the week two inches the shipme nts since Sept, 1 show an in e r e t m of 284,090 bales,
ami seventv-three hundredth*, on four d*y*. The thermom fhemovent lent at Calcutta. Madras and other India ports for
eter h:ot averaged 51, the highest bring 70 and tie* iow .-i .S'. the but r«|girted week and since the 1st o f September, for tw o
Lelund. Mississippi. - It has rained during the week, to the year*, has been a* follow*. “ Other ports" cover Ceylon,
extent of two inch** and eighty-s»ren hundredth*. The Tuticoriti. Kurraehee and OOconada.
thermometer ha* averaged 45, ranging from 23 to 80.
S h ip m e n ts f o r th e w e e k .
S h ip m e n ts since S ep t. 1.
t'ickubitrg, Mississippi,—There bo* been rain on two da* >
during the week, the rainfall reaching «a* inch and twelve
Qrmt
Qrmt
Conti
Total.
Total
hundredths. Average thermometer 18, highest 68 and lowBritain. nent,
Britain. Continent.
estdO.
QUVutte Meridian, Mississippi.—Excessive mins prevent ploughing
- • W i...
4,000
23,000
27,000
and therefore delay planting preparation*. Rain on four days
2.000
10,000
0,000
10,000
1-9 4-93 ,..
2,000
of the week. The thermometer ha* ranged from 85 to 60.
Hiuirm—
11,000
,'»w
*
14,000
25,000
1895*98...
Little Rock, Arkansas.—W e have had rain on three davs of
.........
10,000
13,000
1
23,000
,****•
the past week, the precipitation reaching one inch and fifty- All R94-95...
otb en —
eight hundredth*. The thermometer his averaged 38, ranging
43,000
13,000
30,000
1895-96. .
from 28 to 51.
27,000
14,000
41,000
1894-95...
........
Helena, Arkansas. —Excessive rain ha* interfered with farm total all—
work. It ha* rained heavily on four days during the week,
61,000
100,000
1895-96..
the precipitation being three inches and seven hundredth*.
] *94-95.
83,000
46,000
2,000
2.000
Clear »nd cold this morning. The thermometer has ranged
The above totals for the week show that the movement from
from 27 to 39. averaging 40.
Memphis, Tennessee.—Light snow on two day*. There has the port* other than Bombay is 3,000 bales lem than the same
teen rain on five days during ths week, the precipitation week last year. For the whole of India, therefore, the total
reaching two inches and twenty-nine hundredth*. Now shipments since September 1, 1895, and for the corresponding
clear and cold. Very little farm work has been done the past periods of the two previous years, are as follows.
week. Average thermometer 3t'8, highest ,321 and lowest
EXPORT* TO EUROPE PROM AM . INDIA.
Sw
*8*
1301-95.
1893-94.
1895-98.
Nashville, Tennessee —Rain has fallen the pas' week, the
Shipment*
precipitation reaching two inches and ninety-six hundredths. to all Europe This | since
Thu
Thin j Sines
Since
from—
week
Sept. 1.
week.
Sept. 1.
week. ! Sept. 1,
The ttermometer has ranged from 83 to 52, averaging 38.
Mobile. Alabama. —Planting preparations are well advanced.
8,000 120,00(1 25,000 340.000
Rain has fallen on four days of the week to the extent of one Burnt ay .......... 11,000 404,000 2 000
83,000
5,000 122.000
........
100,000
A nother port*
inch and fortv-sixth hundredth*. Average thermometer 51,
Total
..
11,000 504,000 10,000 203.000 30.000 102,000
highest 66 aed lowest 35,
ta g
47,
l
THE CHRONICLE.
558
|V o l . LXII,
A g r ic u l t u r a l
D epartm ent
R eport on
C otton M o ve A lexandr ia R eceipts and S hipments . —Through arrange
ments we have made with Messrs. Davies, Banachi & Go., of m e n t f o r F e b r u a r y . — Die Agricultural Department i s s u e d on
Liverpool and Alexandria, we now receive a weekly cable of the 16th inst. a report on t h e marketing of c ttoa a s follows:
the movements of cotton at Alexandria, Egypt. The following
T i l e s t a t e m e n t s f u r n is h e d t ile D e p a r t m e n t , o f A g r ic l lt u r e b y alt t h e
are the receipts and shipments for the past week and for the r a ilw a y a n d w a t e r t r a n s p o r t a t io n o o m p a n ie s s h o w t h f r o m S e p t . 1 ,
1 8 3 b , to F e b . 1. 1 8 9 6 , t h e t o t a l a c t u a l m o v e m e n t o f c o t t o n f r o m t h e
corresponding week of the previous two years.
Alexandria, Egypt,
March 1 8 .
1 8 9 5 -9 6 .
6 0 ,0 0 0
5 .0 0 1 .0 0 0
6 5 ,0 0 0
4 ,3 9 0 ,0 0 0
R e c e ip t* (o a n ta r s*) . .
T h is w e e k
S in c e S e p t . 1
This ! Since
week, j Sept. 1 .
E x p o r t s (b a le s )—
T o L iv e r p o o l . ......... ; 8 , 0 0 0 : 2 8 4 , 0 0 0
T o C o n t l n e n t l _______ 1 1 , 0 0 0 2 4 9 , 0 0 0
T o ta l E u r o p e ..
1 9 ,0 0 0 1 5 3 3 , 0 0 0
.
1 8 9 3 -9 4 .
1 8 9 4 -9 5 .
9 0 ,0 0 0
4 ,4 6 1 ,0 0 0
[
This
Since
week. Sept. 1 .
Since
This
week. Sept. 1 .
4 ,^ 0 0 2 6 1 ,0 0 0
5 .0 0 0 1 2 3 1 .0 0 0
5 000
5 .0 0 0
2 6 0 ,,0 0 0 1 9 8 , 0 0 0
1 0 , 0 0 0 ) 4 9 1 ,0 0 0
9 ,0 0 0 4 5 9 ,0 0 0
* A. o a n t a r is 9 S p o u n d s .
.
_____ __
t O f w litoti to \.inftrloa in 1 3 3 5 9 6 , - 1 6 , 5 3 2 b a le s ; in 1 8 1 4 - 9 o , 3 4 , 8 1 0
b a le s ; In 1 8 9 3 - 9 4 , 1 3 , 4 6 4 b a le s .
This statement shows that the receipts for the week ending
March 18 were 60,000 cantars and the shipments to all Europe
19,000 bales.
M anchester Market .—O ar report received bv cable to-night
S t a t e s o f p r o d u c t io n t o p o r t s . N o r t h e r n a n d W e s t e r n m i l s C a n a d a ,
M e x i c o , a n d a ll o t h e r d e s t i n a t i o n s , a m o u n t e d to 5 , 1 3 5 , 7 2 2 c o m m e r c ia l
b a le s ; r e p o r t s f r o m t h e o ffic ia ls o f t h e m i ll s s h o w a c t u a l p u r c h a s e s
d u r iu g t h e s a m e p e r io d a m o u n t i n g to 6 j 9 , 7 6 6 b a le s ; t h e D e p a r t m e n t ’ s
t o w n s h ip a n d p r e c in c t a g e n t s s h o w t h a t o n F e b . 1 , 1 8 9 6 , t h e r e
r e m a in e d o i p la n t a t io n s 2 5 7 .1 6 3 b a le s . In w a r e h o u s e s 3 5 8 , 7 4 1 b a l e s ,
a t p u b lic Kina 1 0 6 , 5 9 9 h a le s , a t c o m p r e s s e s 1 7 1 , 3 5 2 h a le s , a n d a t
d e p o t s a n d y a r d s 9 8 , 3 9 2 h a le s , t o t a l 9 8 7 ,7 4 8 b a l e s , n o t i n c lu d in g
s t o c k s h e ld a t p o r t s . T h e c r o p b y S t a t e s i s a s f o l l o w s :
Rail way, Remaining
on plan ta- Bought
die,
Hons. die. by mills.
movement.
Bales.
Bales.
Bales.
From—
N o r lli C a r o lin a ...........
S outh C a r o l in a ...........
G a r.r ia ............................
F lo r id a ..............................
A l a b a m a . .......................
M i s s i s s i p p i ...................
L > l is i a n a ........... ...........
............................
T e x ts
A r k a ;a a s .........................
T -u n e s s e e ......... .........
In d ia i T e r r i t o r y ____
from Manchester states that the market continues firm for
both yarns and shirtings. Manufacturers are generally well
under contract. W e give tne prices for to-day below and
leave those for previous weeks of this and last year for
comparison;_______ ' _________________________________ _
1896,
1895.
lbs. Shirt OoWn
3 2 s Cop. ' ings, common Mid.
Twist.
JJplds
to finest.
8*4
a.
F b .1 4 6 9 ie
“ —2 1 6 I 3
(( OQ
6 3a
M o b . 6 6 ’ ia
6 7 la
“
“
6 S2
13
20
a.
e.
® 7 °> 6 4
®
4
® 7»s 4
■WT'e 4
® 714 4
^7^8 4
32s
a.
a. s. a.
®6 7
3ki®e 7
4
3
®6
3
®6
4
®6
4 la @ 8
lbs. Shirt OotVn
Oop. ings, common Mid.
Twist.
TJplds
to finest.
8 ^
6>2
7
8
d.
d.
4 1 7S . 4 78
8
413 4 78 '3>5*'5
4 L 3 16@ 5 ^
474 4 78 0)0^2
5
r
d>5!is
4%
5 *4
s.
3
3
3
3
3
4
d.
s
lO ^ G
d.
0
10^d>6- 0
10
10
11
0
6
11
0
S>6
1
a.
3
3132
3
3 l,„
3 -fie
®6
39,;
received tn.s
(Friday) evening by telegraph from the various ports tie
details of the Sea Island cotton movement for the week. T ie
receipts for the week ending to-night (March 20) and since
Sept. 1, 1893, the stocks to-night, and the same items for the
oorresponding periods of 1894-95, are as follows.
3*2
S ea I sland C otton M ovement .— We nave
1 8 9 5 -9 6 .
Receipts to March
20.
1 8 9 4 -9 5 .
This
This
Since
Since
week. Sept. 1. week. Sept. 1.
765
7 3 ,0 6 5
1 0 ,3 3 2
4 ,7 8 3
214
3
765
8 8 ,1 8 0
217
C h a r le s t o n , & e .......................
T o ta l_________ ________
-
6 3 ,6 3 0
5 ,1 8 2
5 ,1 3 9
7 3 ,9 5 1 1 3 ,7 1 1
4 ,1 8 8
The exports for the week ending this evening reach a total
of 748 bales, of which 673 bales were to Great Britain, 75
to France and — to Reval, and the amount forwarded r•
•
Northern mills has been 939 bales. Below are the exports
for the week and since September 1 in 1895-98 and 1894-95.
Exports
from—
Week Ending Mch.‘20. Since Sept.
1, 1895.
North'n Mi'
3 3 9 ,4 9 9
6 8 8 ,9 6 5
1 ,0 7 8 ,6 5 4
3 5 ,8 1 5
6 3 8 ,3 4 9
9 5 6 .9 0 9
4 6 5 ,8 2 9
1 ,7 5 5 ,1 2 7
4 8 2 ,9 9 1
1 5 2 ,9 1 6
5 9 ,7 9 7
1 3 ,6 0 3
1 1 .6 1 4
8 ,3 9 9
40
5 6 1 ,0 3 7
6 ,6 8 8 ,5 0 7
4 4 ,9 8 1
1 1 ,6 * 2
1 ,0 7 4
3 ,2 ^ 4
1 ,5 7 J
1 4 ,4 1 2
T o t h e a b o v e m i ll fig u r e s s h o u ld h e a d d e d f o r G e o r g i a , 7 4 5 h a le s ;
L o u is ia n a , 6 . 3 6 - b a le s ; N o r t h C a r o lin a , 5 6 5 ; S o u t h C a r o l in a , 5 , 8 0 8 ;
T e n n e s s e e , 2 , 0 5 2 . a n d t o T e x a s , 2 , 5 4 7 h a le s , t a k e i f r o m p o r t s a n d
o t h e r w is e c o u n t e d in th e r a i l w a y m o v e m e n t ; t h e K e n t u c k y , M is s o u r i
a n d V ir g in ia fig u r e s b e in g a ls > in c lu d e d i n t h e r a i l w a v m o v e m e n t .
T h e m i ll p u r c h a s e s b v S t a t e s a r e a s f o l l o w s : A l a b a m a , 4 4. '8 1 b a l e s ;
A r k a n s a s 1 . 5 7 0 b ales; G e o r g i a , 1 4 1 , 8 6 ; K e n t u c k y , 1 » , 4 1 5 ; L o u i s ia n a ,
7 , 4 ip ; M is s is s ip p i, 1 L ,8 3 2 ; M is s o u r i, 1 8 8 ; N o r t h C a r o l in a . 13 1 , 7 4 8 ;
S o u th C r r o liu a , 2 2 > .0 7 3 ; T e n n e s s - e , 1 6 ,4 6 i; 1 'e x a s, 5 , 7 5 1, a n d V i r g i n i a ,
1 6 , o 8 4 hades; t o t a l , 6 0 9 , 7 6 6 h a le s .
N o d e d u c t io n h a s b e e n m ade o f c o t t o n o n p l a n t a t io n s a n d a t i n t e r i o r
p o in t s S e p t . 1 , 1 8 9 5 .
T h e a b o ye f ig u r e s a r e s u b je c t to r e v i s i o n i n t h e D e p a r t m e n t ’s fin a l
rep o rt.
E x p o r t s o f G o t t o n G o o d s f r o m G r e a t B r i t a i n . — Below
we give the exports of cotton yarn, goods, &c., from G re a t
Britain for the month of February and since October 1 in
1895-96 and 1894-95, as compiled by us from tue British Board
of Trade returns. It w ill be noticed that we have reduced
the movement all to pounds.
om .
itted
1895.
3 ,5 6 8
296
324
40
T o t a l ......... .. ...........
)00j
9 ,1 5 7
2 ,3 7 5
2 ,1 7 9
1 3 L , 18 3
214 270
1 4 2 ,6 4 1
U t a h ..................................
Stock
1896
Total crop.
Bales.
52 700
8 0 ,1 3 3
1 5 8 ,3 8 L
3,1<>3
1 0 6 ,8 7 8
1 5 8 ,1 1 1
6 6 ,6 1 8
2 2 0 ,0 8 1
115, 64
1 5 ,6 8 8
7 ,5 3 8
701
558
1 ,2 9 4
9 8 7 ,7 4 8
....
1 5 5 ,6 1 6
....
3 9 4 ,5 8 2
....
7 7 7 ,6 3 2
..........
3 2 ,7 1 2
....
4 8 6 ,4 0 0
....
7 8 7 ,1 3 6
....
3 9 -t,1 3 7
....1 ,5 3 1 .8 4 2
.........
3 3 5 ,4 5 7
.......... 1 2 2 , 8 1 6
. ...
5 2 .2 5 9
..........
1 2 ,0 0 2
ll,0 i6
..........
7 ,1 0 5
C th
lo .
Y rn T rea .
a &b d
1891-95 |
L895-96 1894-95 1895-90
1895-96 1894-95 1895-96
Ls.
b
Ls.
b
lotal of A
ll.
Y s.
d
Y s.
d
1 L s■ L s.
b
b
485,5691 85.291 91,444
448,142' 8n,667 81,396
433,042j 79,010 81,005
Ls.
b
1894-95
L s.
b
110.109
104,43
93.909
115,517
107,330
102.949
Pot.lst quar 08,535 68,291 1,271,953 l,367.35sl214,971 257.505] 313.609
106.82
Janaary...... 22,696 25,052 437,180 405,104 j 84,131 89,59
21.441 21,597 453,009 400.697 87,117 77,173 103,53b
STeuraarv
325,790
533
10,771
520
9,800
540,173
549,534
ictober......
8ovember...
December...
24.878 24,073
23,764 23,934
19,89 1 21,284
442.847
418,837
410,209
Total exports of cotton manufactures................................
114 642
98,770
T o t a l ...........
673
75
7 4 8 3 3 ,5 3 0
5 ,8 8 1 3 9 ,4 1 1
9 3 9 3 5 ,4 4 3
The foregoing shows that there has been exported from the
United Kingdom during the five months 540,178,000 lbs.
of manufactured cotton, against 549,531,000 lbs. last year, or
a decrease of 9,356,000 lbs.
A further matter of interest is the destination of these
exports, and we have therefore prepared the follow ing
atatements, showing the amounts taken by the principal
countries during February and since October 1 in each of the
last three years:
T o ta l 1 8 9 4 -5
568
15
5 8 3 3 2 ,7 4 4
5 ,0 3 9 3 7 ,7 8 3
2 0 0 3 3 .2 6 6
EXPORTS OP PIECE < >OOS 4ND Y^RS* TO PRINClK a I, OOriNTRIES IM
3
FEBRUARY, AND FROM OCTOBER 1 TO FEBRUARY 29.
B’ v a n n ’ h , & o
O h a rl’ t ’ n .& e
F lo r h ia , <fcc.
N e w Y o r k ..
B o s t o n ..........
B a lt im o r e . .
Great Fr'nce
Great Fr'nce
Total. BriVn. die. Total.
BriVn. die.
1 1 ,6 4 8
2 ,9 2 1
"3 1 9
354
- 7 5
2 ,3 6 6 1 4 ,0 1 4
6 4 2 ,9 8 5
" 3 9 4 1 3 ,0 6 5
3 5 4 3 ,5 5 4
2 ,3 4 2
Sine
Week Sept. 1
3 M 3 8 1 6 ,5 0 3
3 ,5 5 4
2 ,3 5 5
” ‘ l3
8 8 9 3 0 ,3 6 1
50
1 ,4 7 4
3 ,6 0 8
A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New Yo rk, and some small amounts via
Biston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
a tuallv exported from New Yo rk, &c. The details of tbe
shipments of Sea Island cotton for the week w ill be found
uader the head “ Shipping News,” on a subsequent page.
Quotations March 20 at Savannah, for Floridas, common,
; medium fine, 14c.; choice, I0}£c.
Charleston, Carolinas, medium fine, 21c.; fine, 24c.; fully
fine, 26c.; extra fine, 30c.
Exchanges .—The following exchanges have been made
during the week:
*05 p d . to e x o h . 8 0 0 M a y fo r A u g .
*05 p d . t o e x o h . >0 0 M a y f o r J u ly .
*15 p d . t o e x o h . 1 0 > N o v . f o r 8 e p t .
’0 1 pd . t o e x o h . 1 0 0 M a y f o r J u n e .
’ 4 1 p # . t o e x o h . 1 . 0 0 0 D eo. f o r A u g .
■Ol p d . t o e x o h . fio o M a y f o r J u ly .
E v e n 1 0 0 M a y fo r A u g .
E v e n 1 0 0 J u n e fo r A u g .
•40 p d , t o e x o h . 1 0 0 O c t . f o r A u g .
*1 0 p d . t o e x o h . 4 0 0 A p r . f o r M a y .
*02 p d . to e x o h . 7 , 4 0 0 A u g .f o r M a y .
*03 p d . t o e x o h . 1 , 2 0 0 A u g .f o r M a y .
* 4 6 p d . t o e x o h . lO O O c t . f o r A u g .
*51 p d . t o e x o h . 2 0 0 N o v . f o r A u g .
* 5 0 p d . t o e x o h . 1 0 0 N o v . f o r A n g.
*0 1 p d . t o e x o h . 2 0 0 J u n e f o r A u g .
*1 6 p d . t o e x o h . 1 , 3 0 0 N o v .f o r S e p t .
E v e n 1 . 0 0 0 M a v f o r J u ly .
E v e n 3 0 0 J u ly f o r A u g .
•50 p d . t o e x o h . 5 0 0 O o t. f o r A u g .
0 8 pd. to e x o h . 2 0 0 A p r. fo r M av.
*47 pd. no e x o h . 5 0 0 <>ot f o r A u g .
0 3 pd . to e x c h . 3 0 0 N o v . fo r D ec.
0 2 p d . t o e x o h . 1 , 0 3 0 N o v . f o r D ee.
*01 p d . to e x o h . 6 , 5 0 3 N o v . f o r D j e.
•54 p d . to e x c h . 5 0 0 D e c . fo r J u ly
*02 pd. t o e x o h . 2 0 0 M a y . f o r A u g .
’ 1 3 p d . to e x c h . 3 0 0 D e c . f o r S e p t.
*04 p d . t o e x o h . 4 0 0 D e c f o r O c t .
*49 p d . t o e x o h . vOO D e c . f o r A u g .
'0 3 p d . t o e x o h . 1 0 0 M a y f o r A u g .
P Go s— a s.
iece o d Y rd
(000a om .)
itted
Hast Indies ..........................
Turkey, Kgypt and Africa...
Jhlna and Japan...................
Europe (except Turkey).......
South America .............. —
North America ....................
All other countries.............
O 1 toFb 29.
ct.
r.
F
ebruary.
1890.
1895.
ISwl
19 >.044 175,871 231,9 1
9
50,580 07,229 06,073
00.050 33,049 50,383
24.002 24.105 27,003
43,7 79 *9,907 33,352
2t*,408 29.1*8 22,020
37,220 28.043 23,212
1000- 90. L9VU
-05.
L893-94.
827,54oJ,005,5 1,103,460
275,093 353,338 306,875
3 28. 03 171,731 203,802
120,857 108,402 133,927
304,074 247,381 192,041
144,133 U3.109 122,192
155,024 143,099 135,311
Total yards...................... 453,099 400,007 405.011 2,102,442 2.2 43,214 2,197,676
Total v a lu e .................... £4,479 £3.702 £4,602 £20,057 Jt20,‘2b9 £21,737
Y rn L s.
a s—b
(0008 otn
itted
.)
lollaud...................... .........
Rh. Karope (except Turkey)
H Indies............................
Jast
:ntna and Japan.. ..............
Turney and R«ypt................
vll otoer countries...............
Total lbs..........................
Total value................ ...
2,325 2,770 3,008
14.070
3,447 3,120 1,931
10.923
3,491 4,242 3,075 20,032
4.219 4,1 13 3,844
17,073
14.008
2,737 7,352 2,711
1.044 2,173 2,081
7,535
1.482 1,250 1,153
6,049
19,247 23,034 19,0 > 101,095
6
£784 £098
£4, ’49
15,218
18,817
22,533
21,7r>2
9,770
11,448
7,0-4
17,893
11,771
10,148
19,371
12,334
11.098
4,533
107.272
-3.9 27
93.19S
£4.057
Domestic E xports of Cotton M anufactures . —Through
the courtesy of Mr. W . C. Ford, Chief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for January and for
the st-ven months ended Jan. 31, 1896, with like figures for
the corresponding periods of the previous year, and give
them below:
THE CHRONICLE.
M ar ch 31, 1896,]
Quantities of Manufactures of Got- Mmlh ending Jan SI. 7 mo*, ending Jaw. SI.
ton (colored aw l tmcoiorcd)
•— ;
-- — .1 7 :
1825-94
1891-36.
cxvoned to ISM.
!&• .
*>
8,790,793! 5,180,928
117.141
n « ,m
421,600
5,43-5,758
3,630,678
3,304.631
3.400,183
7,332,820
133.128
1X
3,70!
a a .o
Oi&er coai»Vrt«a'm ‘i2arop«. - -.
$m m
1,11; .
2-, 152
Onlt#d Kingdom ..............
yards
Germany ...................... "
t4 S
Brltiafe North A m erica........
M e x ico .... ................. .
Central American States and
British Hoadar&a...............
C u b a...........
. . . . . . . . . . . ..
» Eico..... .
1 *0 . 4 1 3 ;
at© r
bSS i
t l » e R e s r a b U o .. .
•mum
United State* o f COtoiobia’. .,
Other eoaatrtMtB 8. America
Brt£ Posse -i'ns !n A ttjat raiaa la
British India and East ladles
Other stauurle* in Asia and
Oeeantea,. . . .........................
Africa.....................................
Other ooantrtes.......................
S0t7$*,M *
Fait**# 0/
W S §,
1,251,017
bvI
I!
270,900
J ftiS
l.llilaiTi 0.117,5841 8,140,753
1
118,85*1
4S*,5*7
1,819. W7
2.151,05 >
8.296,470
660.4311 - i
2,3 *8*055! s ^ m ,0 o s
31.718,019
1.137,660
12,"21,733
Tear Beginning September 1.
1894.
1835.
1893
1892
1891.
1890,
Sept'mb'r 383,886 518,762 377,408 405,355' 676,823 7 3 2 , 2 3 6
O ctober.. 1,202,460 1,622.664 1,311.269 1,135,473 1,532,426 1,365,231
Hovem bT 912,759 1,607,662 1,277,776 1,125,855 1,376,909 1 , 1 4 5 , 4 1 6
Deoeinb’ r 987.899 1,497,560 1,233,738 930,029 1,215,144 1.195,063
January
548,118 938,197 637,028 436,457 665,162 859,979
February
441,776 533,398 330,504 291,648 658,855: 535,273
-I-
T ota l... 1,476,898 8,718,243 5,218,723 4,324,817 6,125,319 5,833,198
Pero’tage o f tot. porr
8523
87-23
84-10
85-58
83-41
receipts Feb. 29.
This statemeni shows that up to February 29 the receipts
3.024,720 at the ports this year were 3,241,345 bales l-ss than in
1594-95 and 741.825 bales less chan in 1893-94. By adding to
810,f 03; 3UM4J731; 5,707,475
a 1,7*>7; 8.6^,502 5 0 *7.M2 the totals to Feb 29 the daily receipts since that time we
3,217,2 U: ».«a»,4'40
shall be ante to re Aon an ex tot comparison of the movement
11,415,310 115t1 7 4 .»iij n 6 e 5 i ^ t
for the dilfereot years,
290,0oo;
W
T otal yards o f a b ov e......
Total values o f abov e........
Saloe per y a rd .........................
$3,5*0
1.-2L172
Monthly
Receipts.
55&
50®/-*$
tm fM v
!0 atVn"
m s p jie
ruoito
trm m
1895 96.
1894-91. 1893-94. 1892-93. 1891-92. 1S90-91.
oL
To. Fb. 2 3 4 ,176,39b 6*718.243 5,218,723 4,824,817 0,125.319 5,833,198
7,590
i w w t e s ^ r ...........
17,956
9,022
M old ....
8.
17.03b
S.
O f....... .ew.ee*.............
.
7,591
20.663
** 2 ...
13,824
8,983
17,226
13.739
. .r m i n i r i m i n K a r o p e .! . ! . .
:
** 3 ...
8,185
8.393
24,354
8.
13.685
14,993
rilish North Am erica............ .
8.
22.960
12.108
7,114
Mexico................. ..................... ...
“ 4 ,—
.
13, *59
21,281
Centra! American State# A BrltUr.
8.
28,062
13,150
16,296
9,313
10,825
“ 5 ....
H o n d iu r n .. . . . . . . . . . . . . . . . . . . . . . . .
12,013
1 1 ,2 2 1
18,791
17,510
8.
• 6 ...,
*
15,086
^ e rto ’ WtoV.” .’.?.*.’!!*." !' ~ I*‘ ” I
.
12,004
9,502
17.913
• 7.*,.
*
8.058
13,760
15,408
8S5S » f c : : ; : : : : : :::
9,347
23,451
7.621
8.
19.335
* 8 ....
■
8.
Argentine Repotoiie.............. .
17,045
12,215
9,055
16,540
16,145
Brnill................... .............................
" 9 ....
9.937
id States of ( d o m m * ...........
9,856
8,819
9,333
8,
22,066
* 1 0 ....
•
14.39*2
r ooantrles In So. Araerlea...
8.
7.160
13,133
27,307
11,257
11.715
“ 1 1 ..,.
,S A a s t r i i d i w l a ,
’
16,002
24,273
14,550
8.
10,629
* 1 2 ,...
*
8,23:
M India and B u t l a d l e . .......
Other eoansrtee to Asia an-’
14,211
6,176
8.
13,289
* 13....
•
19.191
23,980
9,695} 10,940
16,775
13,487
11,707: 15.293
- 14....
A w r A .“ . '. ; :;; ;;: :;; :;:” ;;;::::::
O th erooaotrtee,..... . . . . . . . .......
6,908
7,730
23.833
8,
25,43.
s
M 15 ...
12.135
11.492
5,790
16.423
9,^25
12,772
fotai ralae of other mmmslm
“ 16 ...
tore# o f ........ . .........................
im 0 2 i
11.611.1>
5 ** 17 ..
8,717
13.074
10,951
20,577
8
14,0 <6
Aggregate ra»g» o f ell cotton gmd* j IM l7 ,4 i f
iM $V«70.
10,067
8.
10,999
9.032
23.028
8,912
M IS...,
Exports of Y aks from is d u to Cuts a and J apas.-.— • 19 ...
10,799
8.
20,638
11,563
13,184
10.123
•
We give below a statement o f the shipment* of yarn from
9,416
16,012
9,6:1
17,401
• 20 ...
•
14.617
India to China and Japan daring the t-tlendar y*-s"rs 1
1805, inclusive;
To China (h ilts
To Javan (bolts
400 Ibt. each.)
400 U each).
rn.
1877
..................
142
28,
1878
......... .......
45,933
1.71.3
1879
...................
45,530
4,8*2
1880
.. ...............
6*.191
1, -27
1881............................
61,783
7.37.9
1882...........................
*1,434
9.914
1883
................. ................. ................. 17.421
»4 982
1884 .............................
127,318
13,8*0
151.517
1886 ...........................
l».02O
1888.... ...___ ____
199,107
20,543
1887..
. . . . .............
201.1 '8
39.730
1888................. ..........
2.14,071
32.637
25 1 «»7
1889..........................
62.220
1830............. ........ ...
325,060
37,722
1801.................. .........
364.019
10,939
1808 ............... ; ..........
395.771
21,4 ift
1893...... ............... .
317.900
14.102
1894..
............... .
369,099
10.634
1896............................
403,075
2.330
to
Total
bales.
89,ess
17,078
50,372
87,721
89,181
01.2*8
112.403
1*1.181
173,637
2 toil V
O
2U.89S
238,708
318.017
362,782
375,977
407,218
33 2 .-0 2
370,743
405,90 V
T o t a l . . 1.686.475 7.062.255 5.100,241 4.169,550 6.390.187 6,102.187
Percentage of total
87'28
90-26
87-23
80*27
port reu’pu Mcti.20 89 60
T h is s t a t e t a * a t s h o w # h a t t h e r e c e ip t s s i n c e B e p t . 1 u p t o
t o -n ig h t a r e n o w 8 ,{ 7 5 ,7 4 ) nit-** less th a n t h e y w e r e t o th e
s a m e d a y o f t h e m o n t h in 1805 a n d 713,786 b a le s leas th a n
t h e y v -ir-* t > t h e s v n e d a y o f t h e m o n t h in H 9 1 . W e a d d t o
th e ” :abl<* t h e s i r - M s t i w o f t o t a l p o r t r e c e i p t s w iiic h h a d
b e e n r e c e i v e d t o M a r ch 39 ( i e a c h o f t h e y e a r s n a m e d ,
S h ip f in - g N e w s .— T h e e x p o r t s o f c o t t o n f r o m t h e U n it e d
S t a t e s th e p a st w e e k , a s (><-r la tes t m a il r e tu r n s , h a v e r e a c h e d
113,87+ h a les. S o fa r » s t h e S o u t h e r n p o rts a r e c o n c e r n e d th e s e
a r e th e s a m e e x p o r t s r e p o r t e d b y t e le g r a p h a n d p u b lis h e d in
t h e C h k ON'ICI.k la st F r id a y .
W it h r e g a r d t o N e w Y o r k w e
in c lu d e t h e m a n ife s ts o f a il v e sse ls c le a r e d u p t o T h u r s d a y .
Total bale*.
N bw Y o r k —T o Llveriionl. per utoaraar# Hersehel, 1,529 up4.519
l»n<l n n d 7 * Soa fslatul
l aurtc. 2.916 . .............................
TO Hull, pur #U»Htn«r ifu rt-llo, 1.933......................................
1,933
To lla m -a c-’ or, p.-r *t«am «r Oiber*, 62 7 upland and 245 »« a
1*1a n d .............................................................................................
872
To bondun, per itoararr Mohawk, 381 ......................... . . . . .
381
T o Havre, per steamer l.a Oaaoogne, 475 upland and 75 Sea
Islan d.........................................
550
TO Bremen, per
thmin, 79 2. , ...................................
792
T o Hamburg, per steamer lt*lla. 5 0 0 ...... ........ .........................
500
To Antwerp, per steamer* Kensington, 1,000— 8t. Eaoob,
s t o ....... ..............
1,810
To O h m tU o*, per -te n n e r Korge, 191........................... .........
195
To dettenburg. p*r staamer K1 *Uo. 1,056................................. 1,056
E ast India CROP,—The following report on the cittern
I’ll ilBiioa. p -r *1.' liner A l-»tia, 1,503........ ...... ...................
1,503
crop of Bengal is from tie Cttctltt* Price Current dated Feb R s * OBLEAS*—To Liverpool, per steamers Capella, 0 ,5 9 8 ...,
N'uvfgitnr, 4.600 ...We#t. Indian, 6 .2 2 1 ........ ........ ............... 17,419
ruary 10:
To Havre, ner steamers Oaraveliao, 3,009 . . . Merrlmue.
T h e to ta l a re * sow n Ihl* y e a r w ith the la te c o tto n e*n p In th ese
12,i.i •.......... ................... .
............................... ..................... 15.656
P rotlm -R *. exa .-p t s ln r h b lm m , t* estim a ted at 107,3 - ' a c r e s a io lt is c
To Dunkirk, per steamer oaravetta*. 2.047........................... .
2.047
108,100 acre* •i-.vn la i s o t - n . Cae .m a lt decrease I* probably due
To Bremen, p orstea m -r B um pesn, 1.7 98.....................
1,798
to W en t o f rain Irj s i'-o u e r . c -• a t th e tim e o f sa w in g . O n ly fr o s t t w o
To Hnumarg, per *t*ivo«r Cana ha, 8,909................. ..............
3,909
dtalttate, vMi, B «aknri»*-td;-O*f0b*»sra, t a r an m en u * i Pi ar ■* t*«j
To Rotter iam, per *-. imi-r Aeoatela, 358. ................. .........
358
it ra te d w ith c o tto n iiecu im ported
To Copenhagen, par » earner Dai la, 7.V.1......... ............................. 759
Out o f :h ■ 15d istr ic t* o f
* Prttirftoe* IfO ii wrh’elt
have
To 8t Pstetetm g p -r trark Ditto. 1,800.................................... 1,300
1
»«W received, o n ly one district. rm.. ,Vagal and tbs K hnadutali, re
Tn S « T » per Dark Biend *, I SO i.
.....................................
1,*00
torn* an average w e ? of I • a -u t... Eight dU t-lct*. mu., Ranknra.
*
To Baruelona. per steamer Condo Wit f redo. 7 1 5 . ..................
735
F »n ;t. • .i» n f n ..i,|.ar«o, M oaahyr, K big n lpor, Cut tack and I?, a
*
T oO on o*.p erstea m er Uoililo W tlfred o,3 ,4 !3 . . . .. . . . . .
3,423
•ore, itlvo estim ate, varying from 12 to 14 Anna*, ao.l the rem aining 0AE.VWTOS -T o UverpoJl, ptw steauu-m Legislator, ft.oao—
•lx di*tnnte. v i r . Birt.tiani. M klnaoore Vfuaafltrpur. ft irbh toga .
Kit*. 4.548 ..
.......................................................... .... 10,548
Purl and Uanlmnen. report rrnpe frmn 9 to to anoaa. Four dt*trl. t.
To Hamburg, per steamer* Lyaditnrst,, 1 ...r o r m a re , 200 201
report better crops than l . « t year, 8 f » report equal crops, and nix T bxas r h x r -T o L iv-rp ool. per steamer* LegDU tor, 7 1 1 —
worse tiro <*. Shiran, WMoh: returns ui.O'Mi « r e * oat-o f the whole are*
Rita, i.V O b.............................................................................. .
1.911
o f io7.otwnM-ri-A. eaitmatea 12 aorta# only agahtot laat year'* 18 anus#, S a v a s s a h —T o Raval, per »te»m er Invi»rno*«. 4,800 ...................
4,800
it. would thm appear that. Oil* y e a r * c r o p will probably give a smaller
To Baroslona. per »r,s»m«r St. Hubert. 4,1150. . . .
. . . ... 3,650
oat-turn than U ntynar'A Tne arlthm etlcil mean obtained with refer
PORT Bo M I w L iverpool, p er Steamer Worneth Hall, 6, 42,. 0,042
'•nee <0 the • !»»» enltlTttfed show s ari 11 2*M Aa crop for the late cot,
VoKFOLK—lo Hn‘ t. per ite w m r R ednllh, 85(1
..
............
850
ton-growing districts <w a whole. A 12-anna crop m ay be, a p p r o x !
Ssw roK T Ne w *—To Llvertmol, per ateatnor SUenandoab, 2,138 2,188
rnately estimated.
**
BOSTOS —
T Liverpool, per steamer* Armenian, 9,79 t ..Oam-brorr.an, 737 unlan i an l 200 Sea (slau i ...O ort ithla.
uomp .vu srive Port i t r o s i r r * asi * U tu ,r C hop Mowbmbht.
1 ,6 )6 ---- LiUr-a-trial::, 1,419 upland and 351 Sea island
—A companson of the port mt tem eol by weeks in not
....R o n an, 2,153........................................................................ 16,300
accurate <m the weeks in different years do not end in th«
To Hull per st-am or Chicago, 6 4 3 ......................... ....................
646
(Vtnplemors, 050 ........
050
same day of the month. We have consequently added to our B actim obb —To Liverpool, p -r
To Bremen, per »i.«vum Yeoktr. 1,557.............. . .................
1.55Y
other standing table* a daily and monthly statement, that Pim.»BEi,fHIA To Liverpool, per steamer Waosland, 9 4 4 .......
9431
the reader may constantly have before him the data f o r
To Antwerp, pereteam er d w itt e fa u l, 2 5 ........................ ...
25
seeing the exact relative movement for the years named. Ba r F basoibco —I’o Japan, per steam ers City o f Peking, 150
Doric, t u t ....... ................................................ -.............................
258
The monthly movements since September 1, 1805, and in
From the above it will bsr seen tint the shipment* to China
during the year 1895 were the h- inert on re-ioni, hut that
the exports to Japan were smaller thin in any ye ir since 1858.
Fbrtiu *** Salks is G eorgia .—According to a report
issued tin* week by toe fiaorgia Agricultural Department tn»
sales of fertili/.-r* tbi* aeas wi to llarch 14 were 310,000 tons,
against 150,000 last year. For the whole of last * • »* in the
■>
sales were 2201)0 tons.
, 0
previous years, have been em follow s:
T o ta l................... ................................................................ ............. 113,87*
THE CHRONICLE.
560
The particulars of these shipments, arranged in our
form, are as follows.
Hull, Havre
Man- and Bremen Other BarceLiver- cheater, Dun- & Ham- H o r h I ' m a <£p >ol.
£c.
kirn. burg. Europe. Genoa. Japan.
4 ,5 1 0
N ew Y o r k .
N. O r le a n s . 1 7 , 4 1 9
G a lv e s t o n .. 1 0 , 5 4 8
T e x a s C it y
1 ,9 1 1
S a v a n n a h ..
6 ,0 4 2
P ort R o y a l
N o r f o lk . . .
N ’ p 't N e w s
2*138
B o s t o n ------- 1 6 . 3 0 0
650
B a lt im o r e ..
P h tla d e l’ H..
943
B an F r a n ..
T o t a l....
6 0 ,5 2 0
3 ,1 8 6
550
............ 1 7 , 7 0 3
1 ,2 9 3
5 ,7 0 7
----------
3 ,0 6 1
4 ,2 1 7
1 .5 0 3
4 ,1 4 8
20 L
4 ,8 0 * 3 ,6 5 0
850
*646
1 ,5 5 7
25
2 8
4 ,6 8 2 1 8 ,2 5 3
8 .7 5 7 1 2 ,1 0 3
u su al
Tota'.
1 4 ,1 1 1
4 9 .1 9 4
1 0 ,7 4 9
1 ,9 1 1
8 .4 5 0
6 ,0 4 2
850
2 ,1 8 8
1 6 .9 4 6
2 ,2 0 7
968
258
2 58 1 1 3 ,8 7 4
9 ,3 0 1
Below we a<id the clearances this week of vessels ca rry in g
cotton from United States ports, bringing our data down to
the latest dates.
G a l v e s t o n — T o L iv e r p o o l— M arch 1 4 —S te a m e r V Iv in a , 6 ,5 9 3 .
T e x a s C i t y — l o L iv e r p o o l— v ta rc h 1 4 — S t e a m e r V iv in a , 1 , 8 0 7 .
N e w O rle ans - T o L iv e r p o o l— M a r c h 1 4 - s t e a m e r C u b a n , 4 , 7 6 9 ..........
M a r c h 1 7 —s t e a m e r V e s t a , 5 , 6 I t . . . M a r c h 1 8 — S t e a m e r s F lo r id ia u ,
5 , 0 2 9 ; L o u is ia n ia n , 3 , 9 7o.
T o M a n c h e s t e r — M a r c h *6 — S t e a m e r S i r ^ o a , 8 , 1 6 9 .
T o H a v r e — M a r c h 2 0 — S t e a m e r B r it is h P r in c e , 1 , 5 2 5 .
T o B r e m e n — M arch 2 0 — 8 te a m e r M o n te z u m a , 1 0 ,9 5 2 .
T o A n t w e r p — M aroh 1 9 — S t e a m e r C a y o M o n a , 1 ,1 9 5 .
T o L is b o n — M a rch 1 8 —S h ip ( lla m a . 1 , 6 4 2 .
T o B a r c e lo n a — M a ro h 1 4 S t e a m e r J u a n F o r g a s , 3 , 7 0 0 .
T o G e n o a - M a r o h l »— S t e a m e r J u a n F orm as. 3 . 5 6 4 .
S a v a n n a h —T o B r e m e n - M a r c h 1 4 —S t e a m e r G u l f o f 4 k a b a , 4 , 1 7 7 .
C h a r l e s t o n — To B r e m e n — M a r c h 1 3 —S te a m e r M a n g a r a , 4 , 8 9 0 .
T o N a r v a — M a r c h 1 4 — B ark E m m a P a r k e r , 3 , 7 2 6 .
New po r t N e w s - C o L i v e r p o o l — M a r o h 1 8 — S t e a m e r R a p p a h a n n o c k ,
|Vo l , LXIL
The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low M iddling
i lause, unless otherwise stated.
The prices are given in pence and QUh.
and 4 0 1 means 4 1 - 6 4 d .
Thus:
6 3 - 6 4 d.,
March 1 4 to
jlarch 2 0 .
ru e*.
W ed .
T liu r s .
F r i.
4
1 :4 5
1
1 45
1 45!
1 2 «2
1
1*. 31. e.M. P. M. P. 31. P 31. P. M. p 31. P 31. P 31. P 31. p 31. P M.
4
1.
M a r c h ............
M o ll.- A p r i l ..
A p r il-M a y ..
M a y - J u n e ...
J u u e -J u ly ..
J u ly -A u g ...
A u g . - S e p t . ..
S e p t .- O c t . . .
O c t .- N o v . . .
N o v .-D e e ...
D e o .-J a n . . .
J a u -.F e b . . .
p r io n .
Sat n r.
means
3 63
4
4
4
4
4
4
4
4
3
3
20
18
16
15
15
15
11
00
62
60
60
d.
d.
4 20
4 18
4 17
4 16
415
4 14
4 11
4 02
3 61
3 60
3 60
1 45|
l.
d.
4 16 4
4 14 4
4 13 4
4 124
4 u 4
4 11 4
4 07 4
3 0 313
3 5 9 3 5 8 '3
3 58 3 5 7 3
7
3 5 8 ■ 5 7| 3
4
4
4
4
4
4
4
4
18
16
15
14
13
12
09
00
4
d.
14 4
12 4
11 4
1 0 i4
09 4
09 4
0514
613
57 3
56 3
56 3
15
14
13
12
11
10
07
63
58
57
57
1:
4
4
4
4
4
4
4
4
3
3
3
19
18
17
16
15
14
10
02
61
60
60
4
d.
4 19
4 18
4 18
4 17
4 16
4 15
4 11
4 03
3 62
3 61
3 61
1 45
j d.
2014 2 0
1 9 4 19
1 9 4 19
1 8 4 18
1 7 4 17
1 6 4 16
1214 13
04 4 04
63 3 63
62 3 62
62; 3 62
1
.
d.
4
4
4
4
4
4
4
4
3
3
3
4
4
4
4
4
4
4
1
3
3
3
i.
17 4 19
17 4 19
16 4 18
15 4 18
14 4 16
13 4 1 5
10 4 12
02 4 03
61 3 6 3
60 3 61
6 0 3 61
,a
B R E A D S T U F F S .
F r id a y , March 20, 1896.
The feature of the market for wheat flour has been an ad
vance of 10c. per bbl in the asking price for spring patents in
consequence of a combination of the Northwestern millers to
control prices. The higher cost asked, however, has brought
trade in this grade of flour to practically a standstill, and in
fic t demand generally has been slow. City mills have been
1 .101 .
B o s t o n — T » L iv e r p o o l— M a r o h 1 2 — S t e a m e r N o r s e m a n , 5 6 7 . . . .M a r c h
quiet but steady, rye flour and buckwheat fliu rh a v e been
1 7 — S t e a m e r K a n s a s , 1 ,4 6 7 .
B a l t i m o r e - Co L iv e r p o o l— M a r c h 1 1 — S t e a m e r Q u e e n s m o r e . 1 , 0 2 0 .
quiet but about steady. Corn meal has had only a lim ited
T o B r e m e n — M a r o h 1 4 — S t e a m e r 8 t u t t g a r t , 3 , 4 5 0 ......... M a r c h 1 9 —
call but prices thave ruled steady. To-day the market was
8 t e a m e r W ill^ h a d , 3 , 6 4 6 .
T o R o tt rd a m M a ro h 1 3 —S te a m e r V e n a n g o , 1 0 0 .
quiet and unchanged.
P h i l a d e l p h i a - Co L iv e r p o o l M a r o h 1 3 — s t e a m e r I n d ia n a . 6 0 0 .
B a n F r a n c i s c o —T o L iv e r p o o l— M a r c h 1 1 — S h ip E u lo m e u e , 1 8 3 .
There has been slightly more activity to the speculative
T o H o n o lu lu — M aroh 1 1 — S t e a m e r A u s t r a l ia , 3 6 .
dealings in the market for wheat futures, and prices made
Below we give all news received to date of disasters to fractional gains on a demand from “ shorts” to cover con
vessels carrying cotton from United States ports, & c.:
tracts, stimulated by stronger European advices and in
---------- . A b a r g e , la d e n w i t h 1 ,0 2 1 b i l e s o f c o t t o n , l y i n g a lo n g s id e o f
creased export demand and unfavorable crop advices from
B r it is h etn a u e r O b e r o n . a t G w e s t o n , w a s p i - t ' a ' i / c a j s iz e d a n d
b a d l y d a m a g e d b y a g a le o n M a r c h 1 8 . C R t o u s a v e d , b u t m o s t
Central Western States. Yesterday, however, the market
o f it i n a d a m a g e d c o n d it io n .
turned weaker,’ under dull and easier foreign advices
Cotton freights the past week have been as follows.
and increasing receipts at the Northwest, causing
the slight improvement in prices to be more than
Satur.
Mon.
Tues. Wednes. Thurs.
Fri.
lost. In the spot market shippers have been fairly
L i v e r p o o l .............. .rf.l
3S ;
3..^
large buyers, their purchases for the week amounting
3S3
332
S32
332
Lo
............ c I
....
....
....
to about 550,000 bushels. The sales yesterday included No. 1
H a v r e ..................... .. c
251
251
2 51
251
251
251
hard spring at about 5!^c. over May f. o. b. aflbat, No. 1 hard
D u n k i r k ..............
....
Manitoba at about 5c. over May f. o. b. afloat and No. 1 North
B r e m e n ................ . . c
21t
21t
211
211
2 11
211
ern at 2I^c. over May f. o. b. afloat. To-day the market de
Do
..............
....
____
clined during early ’Change under weaker foreign advices,
H a m b u r g ............
25t
231
251
but subsequently a demand from “ shorts” to cover contracts
21i
231
Do
............
caused a partial reeoverv. In the spot market shippers were
....
A m ste rd a m . . .
1 9 2 2 *2 l9-212H»t 1 9 - 2 2 1q | 1 9 -2 2 1 2 1 9 - 2 2 1 2 ’
fair buvers. The sales included No. 1 hard spring at 5t£c.
K o v a l , v . H a m b d.\
11*4
U p*
over May f, o. b. afloat, No. 1 Northern at 3c. over May
»6l
“ a.
Do
v . H u l l .. .d.\
3 51
f. o. b. afloat, No. 2 Northern at l ^ c . over May f. o. b. afloat
351
35t
n Gl
t t. 4
U 64
B a r c e l o n a ........... .If. |
and No. 2 hard Manitoba at 2% c. over May f. o. b. afloat.
G e n o a ........... .. . . ,<t.
29'
291
291
29t
2 91
29'
.d. s 2 ® D g , B.J2®116
A n t w e r p ................ . d. ! 181 &33^ 1 8 t it 332
T r i e s t e ..................
G h e n t , v . A n t w ’ p .d ! 2 4 ® 2 5 i
53 2 ® l l r4 53 2 ® U 64 53 2 ® 1 , 64 63 3 ® U S
1 8 t ® 3^2
18t
1 st
18’
2 1 ® 2 5 t 2 4 (V 5 i 2 4 ® 251 2 4 ® 2 5 t 2 4 ® 2 5 t
2
♦ C e n ts n e t p e r 1 0 0 lb s .
L iverpool .— By cable from Liverpool we have the following
tatement of the week’s sales, stocks, & c., at that port.
Feb.
B a le s o f t h e w e e k ............... b a le s .
O f w h lo h e x p o r t e r s t o o k
O f w h ic h s p e c u la to r s to o k . .
B a le s A m e r i c a n ................................. .
Actual export..........................
Forwarded................................
28
6 2 ,0 0 0
500
eoo
5 4 ,0 0 0
6 ,0 0 0
6 3 ,0 0 0
T o t a l s t o c k — E s t i m a t e d ................ 1 , 1 5 0 , 0 0 0
O f w h lo h A m e r ic a n — E s t i o . '<3
9 6 0 ,0 0 0
T o t a l I m p o r t o f t h e w e e k ..........
9 5 .0 0 0
O f w h lo h A m e r ic a n ................
8 4 .0 0 0
Amount afloat....................
1 8 6 ,0 0 0
O f w h lo h A m e r lo a n .
1 7 0 ,0 0 0
Mch.
6
itch.
13
6 1 ,0 0 0
6 5 ,0 0 0
4 9 .0 0 0
2 ,8 0 0
1 ,4 0 0
1 ,2 0 0
200
500
700
5 7 ,0 0 0
5 9 ,0 0 0
4 3 .0 0 0
7 ,0 0 0
4 ,0 0 0
8 ,0 0 0
6 9 ,0 0 0
7 j ,0 0 0
7 4 .0 0 0
1 ,1 4 3 ,0 0 0 1 ,1 5 8 ,0 0 0 1 ,1 4 8 ,0 0 0
9 5 2 ,0 0 0
9 7 0 ,0 0 0
9 4 9 .0 0 0
7 4 ,0 0 0
8 9 ,0 0 0
7 .£ ,00 0
6 6 ,0 0 0
7 6 ,0 0 0
5 2 .0 0 0
1 7 7 ,0 ' 0
1 7 3 ,0 0 0
1 9 0 .0 0 0
1 6 0 ,0 0 0
1 4 5 ,0 0 0
1 7 0 .0 0 0
The tone of the Liverpool market for spots and futures each
day of the week ending March 30 and the daily closing Drices
of spot cotton, have been as follows.
Spot.
Saturday Monday. Tuesday. Wed'day Thursday. Friday
M a rk e t,
1:45 p.
m.
l
5
F ir m e r .
Q u ie t e r .
M l d .U p l ’ ils .
4 1 3 3a
4 1 3 33
B a l e s ..............
B p eo. A e x p .
8 ,0 0 0
500
1 0 ,0 0 0
500
Q u ie t .
413a
a
8 ,0 0 0
500
F ir m .
F ir m e r .
In b u y e r - ’
fa v o r .
4 133a
4 1 3 32
4 1 3 32
1 0 ,0 0 0
1 0 ,0 0 0
8 ,0 0 0
500
500
too
Futures.
M a rk e t,
1:45
v.
1
m.)
M a rk et, ?
4 p . m. ^
at S t e a d y at S t e a d y at S t e a d y at S t e a d y at Q u ie t at
2 -64 a d
p a rtia lly
p a r t ia lly
2-64 a d l - d 4 ® 2 04 1-64 ta 2-64
vance
1 64 a d v
1-64 a d v .
vance.
advanoe.
d e o lin o .
S tea d r
Quiet and
steady.
S tea d y .
Y orv
steady.
S tea d y
B tea d y .
DAILY CLOSING PRICES OP NO 2 BHD WINTER WHEAT.
Sat.
M a r c h d e li v e r y .
,C.
. 0.
A p r i l d e liv e r y . .
.C.
M a y d e l i v e r y ___
,c.
J u n e d e l i v e r y ...
J u ly d e li v e r v ..0
S e p t e m b e r d e l i v e r y ..........c .
Yon
Tues.
Wed
Thurs.
Fri
71%
703*
7019
69%
69^
68%
68%
7 1 is
713*
70%
70
6 9 Lj
69^
68%
7 1 L2
70%
70*4
693a
69%
69%
69
68%
68%
68%
69%
69
6 8 7s
—
70%
69%
69%
69^
69*4
69
69
The market for Indian corn futures has been dull. Specu
lation has been practically at a standstill, and prices have
fluctuated within the narrowest limits and changes have been
unimportant. In the spot market business has been dull and
prices have declined. The sales yesterday included steamer
mixed at 38c. delivered and No. 2 white for delivery, first
half A pril, at 40}^c. f. o. b. afloat. To-day the market was
dull and easier, the soot market was weaker. The sales in
cluded No. 2 white at dOJ^c. f. o. b. afloat for delivery early
in A pril; steamer mixed and steamer yellow at 37c. in ele
vator; also steamer white at 3B%c. in elevator.
DAILY CLOSING PRICES OP NO. 2 MIXED CORN.
Sat
M a y d e l i v e r y .........................0.
_ o.
_
J u n o d e l i v e r y ........................ o.
J u ly d e li v e r y ......................... o.
...0
S e p t e m b e r d e l i v e r y ......... o..
35%
36
36^8
I f on .
35%
36
36%
—
Tues.
Wed
Thurs.
35%
36
36%
37%
35%
35%
36
36%
37%
36%
37%
F%
r.
35%
35%
36%
37%
Oats for future delivery have attracted very little atten
tion. E a rly in the week prices weakened slightly under an
increased movement of the crop, but subs quently there was
a recovery. In the spot market business has been quiet but
prices have held about steady. The sales yesterday included
No. 2 mixed at 25J4@25J<fc. in elevator and No. 2 white at 26%
@27e. in elevator. To-day the market was quiet and easier.
The spot market was lower. The sales included No. 2 mixed
at 25c. in elevator and No. 3 white at 26%c in elevator; also
40,000 bushels No. 2 mixed for export at 26%c. f.o.b. afloat.
DAILY 0L08ING PRIOES OP NO. 2 MIXED OATS.
8al
M a r c h d e li v e r y ................. o.
M ^ y d e l i v e r y ..............
o
25>s
25
Hon.
25
24%
rues.
2 4 7s
24%
Wed.
Thun.
25
25
25
25
Fr\.
24%
24%
The feeding grades of barley have continued in fair de
mand for export at steady prices.
M a r c h 21, 1896,
THE CHRONICLE.
561
FLOCK.
The price of Lonsdale 4 I bleached shirtings was reduced
to IC. on Monday, Blacksstone to 6\£<s., Hope to OHc., Fitehjiile to be., Forget-Me-Not to 5>£c. and Farmer's Choice to
oC c. -Lucre hare beeu a few reductions b y other agents, but
the majority of them refuse to make open changes until the
situation becomes more clearly defined. The demand has
20
not been stimulated to anyexte.it by the low prices made,
borne fair orders have beeu taken thereat, but the general
trade are still buying cautiously in all grades of bleached
goods Bro wn cotton? continue very easy to buy in sheet
ings, drills, ducks and Osuaburgs. but the demand has not
expanded. Business in denims rules slow aud indifferent
m other coarse colored cottons, with prices irregularly
m. lavor o f buyers. W ide sheetings are fairly steady,
with quiet sales. Cotton tlannels and blankets dull at pre
vious prices. Kid-finished cambrics, white good 3, quilts
etc,, are inactive throughout without quotable change in
prices. Regular printed calicoes have been in quiet request,
American black and whites and American gravs have been
redue-u to 4! jC.; otherwise prices are without change. There
has been a stagnant market for ginghams at first hands: buv-rs interest has been confined to the drive referred to above
mmm.
1803.94.
and the impending auction sale. Staple ginghams are slow
February. $ M
onths fkbruary.[8 M
onte.,. and easy. The print cloth market has declined t o 3 ’ ,'c. for
vx'ras, at which price sales have been made at Fall River.
Odds have been m moderate demand.
1896.
i3 9 5 .
1894,
1893.
m7tm, lo.uijm; 1,133.634 WJ»7,318
Stock o f P r im O tottu—
Men. 14
itch. 16
Men. 17. itch. 18.
A r P rovidence, 64 squares 202,000
110.000
192.000
15.000
«,»Kv.8s ve.i-2.il 1 s.m t'd lit.843,-.17 A* Fall River, 64 squares.
617.000
51,000
322.000
10.000
g i 11,44! 11.4S7.8X S,*43.0S0 13.371.813 41 Fall River, oitrt s iz e s ..., 459.000
101,000
78,000
fu*® -•.............* ObL #1 SOS 2 25 Patent, w inter........... S3 7 8 9 * 4 10
S u p erfin e................... 1 » » 2 60 City miiia e x tra s........
4 15
Extra, h o . 2 ------------ 2 30® 2 85 B ye floor, superfine.. 2 4 5 9 2 90
E xtra. S o. 1— . — . . .
2 oO > 3 10 : Buckwheat flo o r ____
:■
1 25
d e a r s ....... — ............. 2 6 5 8 3 40 1 Cora meal—
Western. * 0 .............. 2 1 0 ® 2 15
S traigh t*.................... 3 30® 3 73
Patent, spring. . . . . .
3 50® 3 85
B ra n d y w in e .....................
2
(Wheat flo o r tn sacks sells at prices below those fo r barrels.}
easts.
Wheat—
0.
0.
Corn, p er bosh—
c.
o
Spring, per b u sh .. 67 9 75
W e s fn m ix e d .......... 37
9 40
Red winter No. 2 .. 77% » SO
No. 2 m ixed ........... 37% ® 30
B ed w in te r.. . . . . . 71 & 79
W estern y e llo w ..
37
® 40
White
.... ..... .... »
....
Western W h ite .... 3 6 % * 40%
Oat* -M ix e d , per ha. 23 © 28% Rye—
’
W hite....................... 24% ® 29
Western, per bush............9
No. 2 m ixed .......... 25 a 26
State and Jersey'............... a
No. 2 w h ite............ 26% ® 27% B arley—Western
4 1 a 16
State 2-rowe.l..................n
State 6-row ed..................a
Ex p o r t s o f
B r e a d s t u f f s , P r o v is io n s , C o tt o n
a no
P e t r o l e u m .— T h e e x p o r t s o f th e se a r t ic le s d i m a t; th e m o n t h
o f F e b r u a r y , a n d th e e ig h t m o n th s , f o r t h e p a st th r e e y e a r s
h a r e been as fo llo w s :
iS &&
’ p ftM
S
from 0* S.
m&m.
f'bnmry 7 Month..
W
feaa^te&
sto, t.tm.&ai 43,534,sis
flour... bbl*
utstasu
m>e*£— bn.
9o,ioitt^
Cora, ..boah. u
Tot, bart njm.011 tSS,-R i 1
S,«W l.3«7,4«l 1
UftlSflUOsi
Value*.
*
1
*
»
*
I
Whi&ftom, S.SU.SD S4.«91,l» S.4SS.SS4. dlMOisf 7.07S.44K tB.BSi.2SS
Cora Mmeal. 4.oii.s:fi «.;*U7C
2,*ia,»t«: t o ,'t 7 .i;2
ar« ........
17,Stf;
2*.67!»
i»:
M7*l
M
UM#
0»U4aw»l.
*tl,37*| hMturns
■w/u:
40«.e«
»<.ew! %m.m
Batrl«y.
147,801 i.sagiwv.
»,«l*
•IS.tTS,
L U flM
SM !
BrMutoffx ts.»i:.4 * .aa.ses.au; «7‘44.SW 71.178,2*1, ».8u .m : U .5JV .80
,
s S .S
ProrttloiM*, l*. 190.73S)10T.at>g9l'>j UJOAiav nujsis.oiK.
Cotton. .....
ia.7M.MT n:jws,ow*s
Petf.,|‘m,Ac M t M * ujr4.eo»: * !« £ '« ; «k»t7,a«i
Tot, rajas I M,a7t.ll«0»4,',3»*eo- .V»,77l w ,v>;('4.>n. 444 atta9.149 n ta.33*
.w
None.
T otal sto ck ( p le c e m ....1.278,000
265,000
592,000
25,000
W o o l e n G o o d s . —The attendance of buyers has again been
poor in the woolen and worsted goods departments and busin.‘-s in men »-wear fabrics has continued irregular and dis
appointing. Buyers are paying some attention to new ami
cheapened lines of goods which agents in their efforts to keep
mills employed are constantly placing before them but
nuy sparingly outside of these. The price situation in both
-ta p le an d fancy goods of regular order is without material
change, but fellers are easy to ileal with in all grades There
has been no improvement in the demand for overcoitings,
which are irregular. Cloakings in moderate request for fall.
M S S P ' V I W 1 "''1 ^ ,:n »<> exmm.aa*'»*»?*.
1
Drew R ood s in woolen and worsteds for fall are being mod
are based ob tie; monthly ptAtinStmrv erately ordered, and there is still a demand for bright fabrics
for quick consumption. Flannels and blankets show n » new
feature,
K o r e tfc v r t a b le s a a a a l lv v ix e n k e r n a r e o a .tr 5 3 3 .
I'Oubio. D rt Good s —The display of samples of new dress
n
goods for fall is unusually small for the time of year, and buai.
ne*a fa restricted thereby. In other directions the market f o
THE DRY GOODS TRADE.
foreign merchandise has been without new feature of importi
New Y ork . F riday . P. m ., March 30, lhkfi
The gingham situation ba* again been responsible f„r promi I m p o r t a t i o n s and W a r e h o u s e W i t h d r a w a l * o f I » r y G o o d *
nent feature* of the week. The H. B. Ciaflw Company on
The importations and warehouse withdrawals of drv goods
Toisday put mu another large drive in the shape of A inoskt as at this port for the week ending March 19. 1898, and since
Toree Stars, a kindred fabric to ihe “ P&rkhitl Zenhyn- January 1, 1396. and for the corresponding periods of last
sold by them last week, the price* h. lo g the ■ , » as then, year are as follows:
u ' 4c, tw the cas- and tbs. by the piece. A quick clearance
was effected. In addition to this the \V'»t brook Mfg c „
hawethuBounced that they win sell at aucUon next W «tae*j.tv
cases Of their dress style gingham*. The demornlb. d
oOBdittom of the gingham market is thus self-evident.
Bleached cottons furnished the other aurpri.e o f the ««• k .
when Urwdate 4 -I bleached and allied ticket- were r^Jo- d
>
* ^ hese incident*, whilst extreme, indif C r** ° f ' t;" « r rf‘ 1 market, which has this week
ZU
T
faded to show any sign of improvement. The attendance in
primary circles has been poor, and the bad weather ha* exrreised a r.sincttve influence over both the jobbing and retail
trades Prices at first hand* continue dec,d. dly i ™ i a r mi
staple tines of cotton goods and still move in favor of tuner*
The Merrimack Mill- & Print Works will shut down in'defi-
y
Ditely on Monday, but there is no other jusiiflcation as yet of
current report* of a resort to curtailment o f output hy manu
* * " “ *» IS raw cottfjn bas ^ t r a d 'd some
•Uuatio** b ' haS bmn w*tbout aetu*»l influence over the
Domestic Cotton G oods—The exports o f cotton goods
from this port for the week ending March 1 5 were 1 740
<
packages, valued at $103,935, their destination being to the
points specified in the tables below:
*
inbw
1*96
Yoss 10 March 16
Oreat Britain.................. .
122
5i
i ...... *
West todies............ .
Mexico......................
Weatrai America----- IV.l.',’.
South America .....................
Otner Count* (>-»...............
485
1,079
lo,790
2,202
3.171
3.259
2.915
581
1.718
10,951
71(5
OMBa, via Va*M»i»v«r*,
43,957
7,317
327
246
87
84 ■
sr>2
21
Total............... .......... ; 1.740
1,740
Total....................
* From New r. i7vi u,d
.,/.u
1,7 to
.>j
51,274
1693.'
j
Week. Sinee Jan. 1
.
Week. 8in€eJan, 1.
!
!1
277
26 1
2.7,12
251
265 .
489
40
■ 222
* 580
i 164
5,036
' ....... 1
1 5.036
935
9,*- 77
654
4.07M
2M 5
a,945
545
1.M2
11,191
1.8(9
37,!8T
1.250
38.437
b J n I 2 fl4 r - * rs-,«NPW
,PXP °rt«
the year has
been JJ.fiM. Ji-. m 1998 against $1,883,026 in 1895.
THE CHRONICLE.
562
S tate
m u
C ity
TER M S O F S U B S C R IP T IO N .
T ub I nvestors ’ S upplement
will be furnished
without extra charge to every annual subscriber of the
C ommercial a n d F in a n c ia l C h ronicle .
T he State a n d C it y S upplement will also be fur
nished without extra charge to every subscriber of the
C hronicle .
T he Street R a il w a y S upplement will likewise
be furnished without extra charge to every subscriber
of the Ch r on icle .
T he Q uotation S upplement , issued monthly, will
also be furnished icithout extra charge to every sub
scriber of the C h r o n ic le .
TERMS for the C hronicle with the four Supple
ments above named are Ten ollars within the United
States and Twelve Dollars i 1 Europe, which in both
cases includes postage.
Terms of Advertising—, Per iocn space.)
Thr
M o n th s (1 3 t i m e s ) ..$ 2 5 0 0
S ix
o n th s
(2 6 t i m e s ).. 4 3 0 0
O n e M o n th
( 4 t i m e s ).. 1 1 0 0
T w e lv e M o n t h s ( 5 2 t i m e s ) . . 5 8 0 0
Tw o M o n th s
(8 t i m e s ) . . 1 8 0 0
iT h e a b o v e t e r m s f o r o n e m o n t h a n d u p w a r d a r e f o r s t a n d in g c a r d s .
O n e t i m e .. ... ............. .......... *3 50
B o n d P r o p o s a ls a n d N e g o t ia t io n s .— W e have re
ceived through the week the following notices of bonds
recently negotiated and bonds offered and to b9 offered for
sale.
Atchison, K a n .— Bond Election.— The people of Atchison
will vote April 7 on issuing $50,000 of sewer bonds.
Augusta. Ga .— Bond Sale.— On March 12, 1896, this city
sold $,'6,000 of m per cent refunding bonds to W. J. Hayes &
Sons of Clevelana, Ohio, for $58,860. Five other bids were
received as follow s:
Amount bid.
R . B . S p e r r y & C o ., B a l t i m o r e .............. .......................................................$ 5 8 , 3 8 5 ’ - 6
L e h m a n B r o s .. N e w Y o r k ................ ................................................................. 5 8 , 6 6 0 ’8 f
E . D . S h e p a r d & C o ., N e w Y o r k ........................................................ .......... 5 6 , 6 2 8 - 0 0
L . o . H a v n e . A o g n s t a . G a ................................................................................... 5 1 , 2 1 5 - 2 0
J . J . C o h e n , A g e n t M u t u a l L if e I n s u r a n c e C o ., N e w Y o r k . . . 5 8 , 2 7 9 - 2 0
The securities will be dated April 1, 1896, interest will be
payable semi-annually on April 1 and October 1, and the
principal will mature April 1, 1926.
Bexar County, T e x .— Bond Sale.—On February 19, 1896,
this county sold $82,000 of 5 per cent 10-40 year court-house
bonds to the B. L . & Geo. D. Cook Company, of Chicago.
These bonds were previously awarded to (J. H . White & Co.,
but were not taken up by them.
Boston, Mass.— Bids Rejected.—On March 17, 1896, Alfred
T. Turner, City Treasurer, received the following bids for the
purchaseof a $1,500,000 temporary loan issued in anticipation
of taxes to mature November 2, 1896, without grace: Mu
tual Life Ins. Co.. New Yo rk, 4)£ per cent; E . H . Rollins &
Sons, for $1,000,000,
per cent and $48 premium; Blake
Bros. & Co., for $500,000, 4% per cent; United States Trust
Co., Boston, 4-20percent. Tne offers were all rejected. Bids
were asked on the whole or any part of the loan, but for not
lees than $10,000 iD one certificate, the proposals to be for the
principal at par and the lowest rate of interest per annum to
be paid thereon.
It was reported later in the week that Treasurer Turner
had placed $300,000, or one-fifth, of the proposed temporary
loan with a Boston institution at 4 percent, and has inquiries
from a New Y o rk institution for $500,000. He w ill probably
place the whole at 4 per cent, it is said. Last August the
city placed a temporary loan at
per cent.
Bradford School D istrict No. 4, Township No. 14, III.
— Bond Offering.—Proposals will be received until 5 o’clock
P. M. April 1, 1896, by W. A. Washburn, Clerk of Board of
Directors, for the purchase of $6,785 of 6 per cent school
district bonds. Interest will be payable annually and $785 of
the principal will mature April 1, 1906, and $1,000 yearly
thereafter.
Braintree, Mass.— Bonds Proposed.—This town will peti
tion for authority to issue $20,000 of water-works bonds.
Castle Bock, W ash— Bond Election— A. vote w ill be taken
on issuing $3,000 of water-works bonds,
Cecil County, Md. —Bonds Proposed .—A bill has been in
troduced in the Legislature providing for the issuance of $10,000 of school-house bonds.
Charlcg C i'y , Iow a .— Bonds Authorized.—It is reported
that a vote taken Maroh 2, on issuing $10,000 of water-works
bonds resulted in favor of the proposition. The bonds w ill all
be disposed of at home.
Columbus, Ohio— Bond Election .—The citizens of Colum
bus will vote A pril 6 on Issuing $300,000 of bonds for an eleotric-light plant.
[VOL. LX1I,
De Ruyter, N. Y.— B on d E lection . —The citizens of this
municipality w ill soon vote on issuing $12,000 of water-works
bonds.
East Liverpool, O hio—B on d E lectio n . — A vote will be
taken on issuing $45,000 of bonds for an electric-light plant.
E ly ria , Ohio.— B on d E lectio n . —The people of E ly ria will
vote on issuing $250,000 of bonds for a water supply from
Lake Erie, eight miles distant. If authorized the bonds will
run from 5 to 25 years.
Eufaula, Ala.— B on d O ffering. —Proposals will be received
until 12 o’clock m . April 23, 1896, by P. B. McKenzie, Mayor,
for the purchase of $75,000 of 6 per cent 30-year gold bonds to
be issued for the construction of water-works, sanitary sewers
and an electric light plant. The securities will be dated April
1, 1396, interest w ill be payable semi annually on April 1 and
October 1, and the principal will mature A pril 1, 1926, both
principal and interest to be payable at the office of the City
Treasurer.
The city’s total debt (all banded) is at preseut $87,050. Its
assessed valuation in 1895 of real pstate was $818,540; personal
property (not including merchandise), $609,925; total, $1,428,465. The actual value of real estate in 1895 was $1,227,810.
Population, according to the police census of 1895, was 7,730.
The city owns property valued at $65,000.
Flushing, Mich.— Bonds A u th o riz ed . — Bonds of Flushing
have heen voted for water works and electric lights.
F ra n k lin , K y .—B on d E lection , —A vote will be taken to-dav
on issuing $20,000 of water-works bonds.
Hillsboro Bridge, N. H. -L o a n A u th oriz ed . —Thejvillage
precinct w ill issue a loan of $45,000 for the purchase of the
water-works.
Howard Lake, Minn.— B on d s A u th o riz ed . —Water-works
and electric-light bonds to the amount of $10,000 have been
voted.
Ipswich, Mass.— Bonds P rop osed . —This town w ill ask for
authority to issue $30,000 of water extension bonds.
Jamaica Union Free School D istrict No. S, N. Y.— B on d
Sale.— On March 16, 1896, ten bids were received for the pur
chase of $18,000 of 4 per cent school bonds of this district-, and
the securities were awarded to Messrs. Farson, Leach & Co. at
102-50. The loan will be dated A pril 1. 1893, interest will be
payable semi-annually on April 1 and October 1, and the prin
cipal will mature at, (he rate of $2,000 yearly from April 1,
1919. to April 1, 1926. The bonds w ill be coupon or regis
tered, as the purchaser may prefer, both principal and inter
est to be payable in gold.
Jefferson C ity. Mo.—Bonds Proposed.—Street-improve
ment bonds of this city to the amount of $20,000 will proba
bly be issued.
Le Boy, N.Y.— B on d E lection . —A n election w ill probably be
held to vote on issuing bonds for water-works.
M ississipr i,— B on d News.—It is reported that the bill appro
priating $1,000,000 for the erection of a capitol building has
failed to pass the Mississippi Legislature The measure will,
however, be reconsidered. It is proposed to raise the money
by a bond issue.
Muscatine, Iow a—B on d s A u th o riz ed . —High-school bonds
to the amount of $25,000 have been voted.
New Yo rk C ity.—Proposals will be received until April 2,
1896, at 2 o'clock P . h . by Ashbel P. Fitch, C ity Comptroller,
for the purchase of $4,300,814 99 of gold bonds and stock of
the City of New Y o rk as follows:
Loans—
When due.
CONSOLIDATED STOCK—
3 s , g , M .v N , $ 1,5 7 5 ,O O O g .N o v .l ,'2 1
38, £, M & N ,
2 5 8 ,4 0 0 g .N o v .l ,’ 1 5
3s, g, M & N ,
3 0 0 ,0 O 0 g .N o v .l ,’ 1 0
A d d itio n al W ater Stock —
3s, g, M & N ,
$ 1 7 5 ,0 0 0 g .N o v .l ,’ 1 5
A dd ’ l C roton W ate r Stock 38, g, M & N ,
$ 4 0 0 ,0 O 0 g .N o v .l ,’ 1 5
D o ck bonds —
3 s . g , M & N , $ l,O O O .O O O g .N o v .l,’ 2 6
F ir e H yd r a n t Stock —
3 s, g, M & N ,
$ 5 0 .0 0 0 g .N o v .l ,’ 2 5
School B onds —
3 s ,g . M & N , $ 5 4 2 , 4 1 4 - 9 9 g . N o v . l , ’ 1 5
The securities are exempt from city and county tax but not
from State taxation.
Further particulars regarding this sale will be fou n d in the
City Comptroller's official advertisement elsewhere in this
Department.
Palestine. T e x .— Bond Election .—A vote will be taken in
April on issuing $100,000 of city hall and water-works Oonds.
Pocomoke City, Md.— Bonds Proposed —An ordinance w ill
be submitted to the Legislature providing for the issuance of
water-works bonds to the amount of $20,000.
Pomona, C a lif .—Bond Sale.—On March 2, 1896, this city
sold $195,000 of 6 per cent water-works bonds to Messrs. N.W .
Harris & Co., for a premium of $10,000 and accrued int rest.
The securities are dated January 2, 1896. interest w ill be pay
able annually, and the principal will mature a- the rate of
$4,875 yearly from January 2, 1897, to January 2, 1936. both
principal and interest to be payable at the office of the City
Treasurer. The bonds will be delivered A pril 2, 1896.
Po rtland, M ic h — Bonds Authorized.— On March 9 the citi
zens of Portland voted, by 354 to 56, in favor of issuing elec
tric-light bonds for $15,000. The village has no bonded debt
at present.
Princeton, Mo.—Bonds Authorized.— It is reported that
this city has voted to issue $16,500 of water-works and elec
tric-light bonds.
M aec h 31, 1S96.J
THE CHRONICLE.
BenpeJaer rnnntr, N. Y.—Bond Sale.—On March 18 1898
the following bids were recei veil for $105,000 of SU per centres’
tstered ctturt-hoiise bonds: J. E. Gavin, Bu9alo,~10l‘19,!i ■l\
101*29; Street, Wykea & Co. N. V
10t>4 'VV iy tT -u a tw S .Co‘ ’-»?‘ b ' ’ Sf?parate on eaoh bo*d from
V
iD
Leach & Co \ v '
ll^ u 0U£ bk*epsii'' 100‘a7->;ParSOQ.
i f 7?a ■
_* • *00 l8fl- The award was made to Josenh
•
R ffe v in , of BuflWo, The securities will be dated VpriU
^j 11 be payable semi-annually on April 1 and
October 1, and the principal will mature at the rate of *7 000
yearly from April 1. 1931, to April 1. 1943, both prScfna! and
pa/ J blp at the CoUDtF Treasurer ! office The
88^ o m ,0tTh debC ° j tb co.unt,'> including this issue. is
f
58o0,000. The assessed valuation for 1395, was 8?8 AH *>
58
The above-mentioned loan is the third and la-t serit-aof an
authonzeii issue of $315,000 The amount of the first serLs
™
•t * '1 Aprl1 '■ 18« maturing at til's ram ofl
,4,000 yearly from April 1. 1898, to Aoril 1, 1910. The second
series amounted to $130,000 and matures at the rate of $6 000
1 2 1 ? frr
Apn! '■ I9U’ to APri| T 19'30 None of these
bonds will be ren-wed when due. A special tax will be
levied annually sufficient to pay principal and interest.
563
Jpne 14, 1897. The loan is issued in anticipation of
the collection of taxes of the year 1898.
p on
unTi^March
wiu be received
? 'S
- l po p g .; 3 L bv r
h
Clerk for the purchase Df $18,000 of 5 p e t c e n f water ’wor‘£
P
-n°hd’ ' Tute securities will be dated April
l, K.i), interest will be payable semi-annually on January 1
that- m !V h 8t tbe Pttlce of tfle City Treasurer or at any bauk
that may be agreed upon, and tli> principal will mature in 20
- ea[s' '-vd-h an optnn o f call after five years.
v
the city has at present no debt of any kind and its assessed
Sna ass'1’ Ti!,i0b ls,30.per cent of actual value, in 1895 was
mesMfi.SOO^ popuUt,oa of the cit5 according to local figr’
Y aseca County, Minn. —Bonds Authorized_Walter Child
S
,i,F ?Ck* iille' * ? ' -Ponds Proposed.—This town has petitioned
the Legislature for authority to issue bonds for waterworks.
th_ state school fund and bonds given to the State.
St. Croix County, W is.—Bond. Sale.—On March 18 isoa
5 per cent asylu m ^ n ds tith e
Farmers & Mechanics Savings B in t of llinneanofis fr.r«
premium of ?4,(H1 and accrued interest. Twenty nine bids in i K K 5 . lh e ' " reb“” ° > « ■ • » “
?
S S ffiT i
all were received for the loan, The securities are oivaHto a?
the rate of $.5,000 yearly, beginning in 1900
W
^ “
W I. QaloUwl.............
.
BidR. L. U*y A C . ...
........................................................... ...
J xrsig ik S g Sts^£st£&SR^!Jir ■
<mSM a «* h
j
\am ^ 'l^ ifuReaeived-~'n n t
rn
b id s w e r e r e c e iv e d
1 * *.J ,\,or the parchase of 330 oe-tifieates of in-
debtednes» of the denomination o f $500 each, as follows:
U id tfa r Math 0 , rt.
. . . . . . . . . . .$500-75
....... ......... S00 79V
E atabrook A < „ ........
Blake Bro*. A Co."
*«• T am T it le in 1.
a
T m »t
......... .............OU* VAJ
The s e c u r itie s are d a te d March I t , 1896. interest a t t h e rate
5 P*r <*nt fa payable -wml-annually, and the principal will
E U. 3 impard A Co
............ .............................................................. ....
******..........-.......................... ..HO-08
Panina, u * r £ .« d o
Blako Bros. A C o .......
............................................................ 109-89
............. .................................. .
H 0 Join:, C o................
...................-.............................. .
Bstiwell A Event* ...
ssrwy. Wykes A Co . . . .
............... ...... ............... ....... 107-05
---- ----- - ------ *
.............. 108-89
w . » M-rkA Co . .. .
e o .M -ft .u n ____
.................................- .......................... 105-87
**; vforru m * t -o ...
i H IH A r „
*” '“■
***
- . . . . . . . . . . . . .103*41
l-
....................- ............*..............................
NEW LOANS.
P R O P O S A L S FOR
i rn uiiLD m
rnln «na
NEW LOANS.
NEW LOANS.
S 7 0 ,0 0 0
$ 3 7 ,5 0 0
IC IT Y OF IN D IAN A PO LIS
C IT Y OF
o f «1<S
i 'i t y o f N p w Y o r k .,
?ABd a .V
T 9
H O L lrrx; TREST t |TXM*
^ ^ l*
. v M S s f l f f l B p tn m w
,’BK ,:KST p * i. .........
iiw d S L ;
s
4 » IMPROVEMENT BONDS.
l>riwmn«>os o f FHumkmv,
twywmg^■mmm or « w *
9tM oS Q w«jjgb|
nd& .f
‘ ■(kmmllSMtot stock o f th e City o f Sew
}]'£ *;
b.r y
i fSTr11 vvse-dt • i*i at,!.. Jf- .(
•
tterva ica e o f tb e tlty of Sew Vortfnna
tmk." to
* wart!*, V.iS
IXmom i l BR 4 ’1
S7nSn
CouimiM ton-
n^aaaStWlA'lfWBSBV
,,m — < i <te City Cwa*tn>a*r.
>
tOUlBMpoll*, ln 4 „ Jtarvlj », 1MM.
MONTGOMERY,ALA.,
20-Vear 5% Pavln? Bonds.
Heeled Md* will berm clved until A p ril0, IHPfl, 1 3 Jf
" f T h ln f-f< v o n Thousand Five
«
llnnared Dollar* CH yM Monwomory. Alabama,20r U i M?rf m
denomination Flea H undred
>ml«-.l hid* *01 be r« «. Ivml l,y tb*attrnf IKIHAKAi-.U.IH, ISHIAN' «..(!! 5Vodnp#dftf, lh,. C.'.tti day IStorUVTIt.MU '‘r U “ f th"
1W ''af ‘
«■«
-t Mark,. IN*. *t U o-rloek M., fr.r tbewbole er any tenH«> fa
' “ uuany- TI> h.torc«t and „„„
‘I
s>»rt o f fjn.m* fmornvemont Bond* of «li| City. twentieth the principal i» embraced In the Coupon *
-a H iK.tid, * 1 1 1 Im .i.-*irn*i«l • IniUtrmpoit, Improve- W ablcannuaH y at the American S*eha,Wa .National
•
mmtt ftemtix o f
will be t£&ie*f, J an om r L lasifi
Bank, (few inrk. Hold Coupons at and after mntu-
and 1* « f tin. denomination o f *1,000 em-.U. * m . It>- T r Z T f t - * ^ cy " ‘
,,Ui: ‘ i*0 City.
t«rv«t t m i m i attached ; * 1 1 1 hear lotersat at the A t e r m e d check tor F ive H un d red Dollar* m u st
Ort- o f foot ;- r sent { « t per atumm. payable «emt- |«ec-m pa«.y each bid. The city r c e r v o s the right to
reject any « n l all hid*.
»nnn*t!y ™ the Sn-t day of Janaary and the tint -lay
it fit. SOM KRVir.T.E,
M
o f filly ofeach year; the principal payable In ....van
*w«** «*B«al Instalment*, and both principal and
Treasurer.
Utcrwt payable a: the human* borne o f Wlaalow
banter A Company. s « * Tort (Sty. Bids f„r the
tim tw a n a fw M b o n a * «h«uld hctm Oonsa -*Pr,>po-
<90,QWtW* O nM ttM M Stork ol the C i» or # * * Ml« lor Improvement U-rnda. and directed lo the
W jgsa«
^x
“«
8 2 0 0 , 0 0 0 ^
C I T Y OF B O S T O N
REGISTERED
City Comptroller. ImllanapoUa, Indiana. Btddeni
may bid for all or any part o f aald bond*.
4S.
M :.
fk«n4* » .f lln» t h e proposal* * m be opened by the a t y OOmptrol>
*r at hi* nfBca on tl.c AHh day o f March jst.# betenet, the b o a t, o f jj o*etoefc M. and 2 o'clock V. U.
, 'W r t B v £ f « ,w * '" l s tr # » f tke CU* r.f N*W
and « l d Comptroller *HI Ihoreupen award said
D A T E D J A N . I , J S 0 6 . D C * J A N . 1. J 9 f « .
« “ '*> « f . It he- .hall fee #1, • pan or any number
D e n o m i n a t i o n . 8 t .« H > 0 , o r o n y m u l t i p l e
thereof, t o the
mxj ban bidder tben-f.ir and
1 l ie r c o l *
•hall hare the right to accept a cart o f any bid and
io award upon any tod the whole or any Its** number
o f bond* covered by rorli Did, the Comptroller belna
The»A Bond* am part lmtlarly desirable for Trunlce*
the ,,,ie jud«* o f the aafticteacy or InauSIelency o f
»o y bi&Slid he may. In hi. dacretlon. award a r»w t o f and private Investor,, a* the principal can be regls
tonal In oam o o f bolder. The interest 1* payable
•aid bond* to one bidder and a port to an-dher or he
O f V OF K * w T
n il 11 > ontrollor.
may reject any ,»r all bids.
January and July l*t o f each year by check mailed
Each bid .hall be mscompaolcd with a ccrMllcl to registered holder by O ty Treasurer.
Legal Investment for New York and all New E n g
Check U
t,,,n noise i'-.ak o f the d t y o f lildtanapd,,
Ind_, payable to i be order o f W m . If. Schmidi n t y land Bavins* bank,.
Trca-nr. r. for a .„ m equal to five t er cent (5#) o ( tha
Price and particular* on application,
ills
lan c h ar d
taco or par v a lu e.,f the bonds bid tor. y he bond,
awarded will b» dellvcreil by the Oltjr Treamircrat
E. H. RO LLINS & SONS,
It I N K E R S .
h t*« me* In the City o f Indl.inapoU* on the » t h .lay
-V f S T A T E S T . . B O S T O N . M A S S .
o f March, law , or on tie- payment o f the purchase
price fW the same, which payment umat bq ina.lc
within »e„ days from the date last above named.
Hald bond* arc rrBSred for sale tmdor and by virto<»
H o n o u r A ttn HOI,I).
d f (Jeneral Ordinance S o. 77, 18a-,, pa.,e,i hJ. tho
Common c. nncll o f the City o f Indlanapoli*. m the
DnTanafilre HutiaiB*.
Young man with Hnandnl and legal experloiios and
Bth day o f Jatiaarj, lh»), and approved by the Mayor
education In Minnesota offer* bln services In P hila
on the 11th day o f January, I-pc.
1 0 S t a le s t r e e t . B o u t o n . n»is«.
delphia and New York. The beat connections and
K. M. .IOHNSO.V,
reference* In the West and East, Will call whore r e - .
Oty Comptroller,
quested. Adarew, a e „ p . a box *%a, r . y. c)ty
d g f i s &
M
&
g i m
B
s g s
,
M U N IC IP A L BONDS
North-Western.
THE CHRONICLE,
564
The award was made to W . I Q uiatjrd on nis bid of 113’33.
The securities will he dated April 1, 1896, interest will be
payable semi annually on April 1 and Oct. 1, and S I,000 of
the principal w ill mature April 1, 1925, and $5,000 yearly
fro m April 1, 1940, to April 1, 1955. They w ill oe ready for
delivery A pril 1, 1896.
S T A T E AND C IT Y D EB T CHANGES.
We subjoin reports as to municipal debts received since
the last publication of our S tate and Cit y S upplement .
Some of these reports are wholly new and others cover items
of information additional to thoie given in the S upplement
and of interest to investors.
Tannton, Mass.—Benjamin Morris, Mayor. The following
statement concerning the indebtedness, valuation, etc., of
Taunton has been corrected by m jans of a special report to
the CHRONICLE from Edward H . Temple, City Treasurer.
This city is in Bristol County.
LOANS—
[VOL. LAII,
P
,---------- — rin cip a l. ---------- .
When Due.
O n t s t a n d 'g .
* Intercut.— ,
—
NAME AND PURPOSE.
Rate.
W a t e r b o n d s — ( C o n .) _____. 1 8 9 0
do
.............................. . 1 8 9 9
do
........................... . 1 8 9 1
do
............................... . 1 8 9 7
do
....................
.1 8 9 2
do
.............................. . 1 8 9 2
do
.............................. . 1 8 9 3
do
.........................
.1 8 9 4
do
............................. 1 8 9 5
M u n ic ip a l n o t e s ....................
do
.....................
do
.....................
do
....................
do
....................
do
.....................
do
.....................
do
....................
Payable.
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
<c
f
*
fc
&
&
&
J
J
J
J
J
j
J <
fc
J
.1
Jan. 1,
J u ly 1 ,
J u ly 1 ,
J u ly 1 ,
J u ly 1 ,
J a n . 1,
J u ly 1 ,
J u ly 1 .
.J u l y ] ,
J u n e l,
N ov. 1,
June l ,
Ju ne 1,
D ee, 1,
J u n e 1,
J u n e l,
N ov. 1,
J
J
j
j
.1
J & J
j & J
J tfc 1)
M < N
fc
J & I)
j & D
D
j
J ifc D
&
J < T)
4
4
M & N
1910
1910
1911
1917
1922
1922
1922
1922
1922
1896
1896
1897
1899
1899
1900
1901
1901
$ 3 0 ,0 0 0
1 5 ,0 0 0
3 8 ,0 0 0
4 5 ,0 0 0
3 5 0 ,0 0 0
1 0 ,0 0 0
1 6 .0 0 0
3 5 ,0 0 0
8 5 ,5 0 0
5 ,2 0 0
1 .7 0 0
7 .2 0 0
7 ,2 5 0
3 ,8 0 0
7 ,6 0 0
3 ,2 0 0
3 ,0 0 0
IN T E R E S T -W H E R E
P A Y A B L E - - C o u p o n s a r e p a y a b le a t t h e
A t l a s N a t . B a n k o f B o s t o n . K e g . i n t e r e s t is r e m i t t e d b y C it y T r e a s u r e r .
T O T A L DEBT,
SINKING FUNDS, E T C . - T l i e s u b jo in e d s t a t e
m e u t s h o w s T a u n t o n ’ s t o t a l d e b t , t h e s in k in g f u n d h e ld h y t h e c i t y
a g a in s t t h e s a m e , a n d t h e w a t e r d e b t , o n t h e f ir s t o f D e c e m b e r o f e a c h o f
th e la s t fo u r y e a rs.
1895.
1894.
1893.
1892.
r ss
t
543
Interest.— » / — ...- — Principal,-------------- • Ginok ind e bu ..................... .. $ 1 , 5 6 3 ,, 0 8 5 $ 1 , 6 7 1 , 7 3 7 $ 1 , 7 0 0 , 5 4 2 $ 1 , 6 1 2 , 0 9 9
S
g f n d s, etc
684
8 6 3 ,1 2 7
9 0 1 ,7 9 1
7 1 9 ,1 6 9
,—
LO A N SP.Ct.
NAME AND PURPOSE.
4
C it y b o n d s ....................... ......... 1 8 8 7
4
do
....................... ..........1 8 9 1
4
do
...................... ......... 1 8 8 8
4
do
...................... ......... 1 8 9 3
4
do
...................... ......... 1 8 9 4
4
...................... ............1 8 9 5
do
4
...................... ......... 1 8 9 5
do
4
do
.................... ............1 8 9 1
4
do
...................... ..........1 8 9 3
4
do
....................... .......... 1 8 9 4
4
do
....................... _____ 1 8 9 5
......... 1 8 8 0
do
3 ia
4
P a v i n g b o n d s ................
W a t e r b o n d s .................. . ’ 7 6 t o ’ 7 8 0
do
.................... ......... 1 8 8 0
4 i4
do
.................... ’ 8 0 to ’ 8 3 4
4
do
.................... ......... 1 8 8 7
4
do
.................... ......... 1 8 8 4
4
.................... ...........1 8 8 5
do
4
do
................... .........1 8 8 6
4
.................... ......... 1 8 8 8
do
......... 1 8 8 9
4
do
Payable.
J tte D
J
.1
.1
.1
J
j
.1
j
.1
J
.1
J
J
.1
J
& J)
& 1)
& 1)
& 1>
& D
& D
< 1)
fc
A I)
A 1>
r.
& D
& J)
*fc D
& j
<
fe J
< J
fe
& ,1
<
te .1
J
J
.T & J
J <
te .1
J & j
J & J
When Due.
June
June
June
June
June
June
June
June
June
June
June
June
June
J u ly
J u ly
J u ly
J u ly
J u ly
J u ly
J u ly
J u ly
J u ly
N E W LOANS
1,
l,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
l,
1,
1,
1,
l,
1,
1,
1,
Outstand'q.
1897
1896
1898
1903
1904
1904
1905
1911
1913
1914
1915
1896
1901
1896
1896
1896
1897
1904
1905
1906
1908
1909
$ 1 4 ,0 0 0
7 ,5 0 0
6 2 ,0 0 0
1 5 ,0 0 0
1 9 ,0 0 0
3 0 ,0 0 0
2 6 ,3 2 5
5 ,0 0 0
1 5 ,0 0 0
2 1 ,0 0 0
1 7 ,0 0 0
7 0 ,0 0 0
6 0 ,0 0 0
2 5 0 ,0 0 0
3 0 ,0 0 0
1 5 8 ,0 0 0
5 ,0 0 0
1 2 ,0 0 0
1 ,7 0 0
2 7 ,0 0 0
5 ,0 0 0
1 5 ,0 0 0
N et debt D eo. 1 . . .
$ 8 7 9 ,4 5 8
$ 8 0 8 ,6 0 9
$ 7 9 8 ,7 5 1
\ V a t e r d e b t ( i n c l u d c d ) .$ l t1 1 2 , 7 0 0
$ 1 ,0 4 2 ,7 0 0
W a t e r s in k in g f u n d . . .
4 7 9 ,8 6 9
4 4 1 ,5 8 6
N e t w a t e r d e b t -----N e t “ m u n ic ip a l ” d e b t
$ 6 3 2 ,8 3 1
$ 2 4 6 ,6 2 7
$ 6 0 1 ,1 1 4
$ 2 0 7 ,4 9 5
I n t h e a b o v e t a b l e t h e fig u r e s o f g r o s s
$ 8 9 2 ,9 3 0
$ 1 ,0 0 7 ,7 0 0
4 0 7 ,4 1 7
$ 9 9 1 ,7 0 0
.............
$ 6 0 0 ,2 8 3
$ 1 9 8 ,4 6 8
$
$ ...!.” !
d e b t in c lu d e lia b ilit ie s o t h e r
t h a n f u n d e d (to t h e a m o u n t o f $ 4 9 , 0 0 8 i n 1 8 9 5 ) a n d t h e s in k in g f u n d s
in c lu d e “ c a s h , t a x e s , e t c . , ” a m o u n t i n g in 1 8 9 5 t o $ 5 1 , 3 9 1 .
T h e s in k in g f u n d r e c e iv e s y e a r ly a s u m s u f f ic ie n t w i t h a c c u m u la t i o n s
o f in t e r e s t o n s in k in g f u n d i n v e s t m e n t s t o r e t ir e e n t ir e d e b t a t m a t u r i t y
T h e c it y o f T a u n t o n h a s a l w a y s c o m p li e d w i t h t h e S t a t u t e s o f t h e
C o m m o n w e a lt h r e l a t i v e t o i t s s in k in g f u n d s a n d a ls o in r e g a r d t o t h e
$ 1 2 t a x lim i t . N o p e r m is s i o n t o e x t e n d it s d e b t b e y o n d t h e t i m e a r ig in a lly fix e d fo r its p a y m e n t h a s e v e r b e e n ask ed .
A S S E S S E D V A L U A T I O N — T h e c ity ’s a sse sse d v a lu a tio n a n d t a x
r a te a t d if f e r e n t p e r io d s h a v e b e e n a s f o l lo w s , r e a l e s t a t e b e i n g t a k e n a t
a b o u t 9 0 p e r c e n t o f c a s h v a lu e .
BONDS
FOR INVESTMENT.
Pa r t ic u l a r s
uponi a p p l ic a t io n
N E W LOANS.
BONDS.
MUNICIPAL
N E W LO AN S .
S 3 6 5 ,0 0 0
T e r r e H a u t e , I n '* . , R e f u n d i n g : .........................4 »
K a l a m a z o o , fVltch., E l e c t r i c - i J g l i t ...............4 m
L o g a n , O h i o , R e f u n d i n g ...................................... 4«*
R i c h m o n d , I n d . , S t r e e t I m p r o v e m e n t ____ (>m
R i c h m o n d , I i i d . , R e f u n d i n g ................................5 m
T o l e d o , O h i o , S t r e e t I m p r o v e m e n t ........... 4 k n
OF TH E
T o l e d o . O h i o . S t r e e t I m p r o v e m e n t ...............5 m
B o n d H i l l , O h i o , W a t e r ......... ............................ 5*
A n t o e i a , O r e g o n . W a t e r , ( G o l d ) ................
5m
C h a r l e v o i x , M i c l i . , R e f u n d i n g ..........................5 m
W a c o , T e x a n , S t r e e t I m p r o v e m e n t ............... 5 m
C o r s i c a n a . T e x a s , S e w e r ..................................... 5 s
( R E G IS T E R E D O R C O U P O N .)
M i t c h e l l , I n d . , K l e c t r i c L i g h t ...........................(is
D e a r b o r n C o u n t y , I n d . , F u n d i n g : .................. 5 *
B l n fit o n , O h i o , W a t e r w o r k s ...........................5 m D a t e d J n n . 1 5 , 1 S 9 6 . D u e J a n . 1 5 , 1 9 4 6 .
5% GOLD
.
FOR SALE BY
(Option o f p a ym en t a fte r 20 years.)
BANKERS.
AN D B 08T0K
8T O C K E X C H A N G E S .
D B A L E R S IN
C O M M E R C IA L P A P R B .
Blake Brothers & Ccl.
S T ., MEW
YORE.
D E N O M IN A T IO N
CINCINNATI, O.
FO R SALE
Guaranty Trust Company of New YorkF o r prices and particulars address
A. C. F R O S T & C O .,
IDS
LA
SALLE
1 7 1
and
& CO.,
BANKERS,
C H IC A G O .
^ B O ST O N .
13 W A L L S T R E E T ,
C I T Y OF BROOKLYN
3
72 B R O A D W A Y . X E W
R A N K E R S ,
Dealers in MUNICIPAL BONDS,
B o s t o n MA88.,
xebantre Plaoe
NOT SUBJECT TO TAXATION.
P rice
YORK.
9
and P a rticu la rs
upon
a p p lica tio n ,
Far son, Leach & Co.,
2
W ALL
STREET.
NEW YO RE .
, W. J. Hayes & Sons,
v 8 t i r w t K * U w .,
C. H. White & Co.,
BANKERS,
1 0/
2
C O L D BONDS.
P H IL A D E L P H IA .
-
C H IC A G O .
New Loan.
L a S a l l e St..
CH ICA G O .
M U N IC IP A L BONDS
N. W . H A R R I S
STREET,
BY
MASO N, LEWIS & CO..
31 S ta te St.,
BOSTON,
Bought and Sold.
$ 1 ,0 0 0 .
Principal and C oupons payable at. the
BANKERS,
GOVERNMENT
-
In terest p a y a b le J a n , and J u ly 15,
O t t u m w a , I o w a , R e f u n d i n g ...........................4}^s
B u r l i n g t o n , W i s . , S c h o o l .....................................5 s
S l i e r • a n , T e x a s , R e f u n d i n g : ............................. tin
S o . O m a l i n , N e b . , R e f u n d i n g : . ...........................7 s
M u s c a t i n e , I o w a . I m p r o v e m e n t .................... (is
A u r o r a , I l l s . , I m p r o v e m e n t .............................. (is
G i b s o n C i t y , I l l s . , W a t e r W o r k s ....................6 s
H u b b a r d , O h i o , E l e c t r i c L i g h t ...................... 5 s
H a r v a r d , N e b , , W a t e r W o r k s ......................... (is
»S STATE ST R EE T , BOSTON.
S MASSAC
BONDS
Territory o f Arizona,
Rudolph Kleybolte & C o.
M E M B E R S O F T H E JN E W Y O ^
FUND IN G
H UT
AND
SELL
Municipal and First Mortgage
Railroad Bonds.
MORTGAGE LOANS
IN
TEXAS.
Honda, and other high grade In
C le v e la n d , O h io,
3 1 1 - 3 1 3 S u p e r i o r Si
Cahla Addrt.t, “ KENN ETH.”
I n t e r e s t 7 P e r C e n t N et.
1,1 STS ON A P P L I C A T I O N .
NO
COM M ISSIONS ch arged borro w e r o r le nd e r
until loan s h a ve p roven go o d .
F R A Y C IS S M IT H
&.
C©„
SA N A N T O N IO , T E X A S .
THE CHRONICLE.
iiABCH 21, 1896.]
^Attested Valuation---------------- - Bate o f Tate
Tears.
Beal.
Personal.
Total.
p er $1,000.
1805................... $11,020,050
#5,183,434
$19,203,181
$17-60
1891................... 13,814,170
5,073.191
18,987,064
17-60
1893................... 13.301,100
5,121,310
18,085,110
1800
189-2................... 13.203.740
5,050,610
18,313,350
18-40
1891................... 12,994,625
5,075,025
18.070,550
17-40
1,998,107
17,823,032
17-00
1890................... 12.S31.625
1889................... 12,621,708
1,709,868
17,391,576
17-80
1886........................................
............
16,750,469
16-70
1882................................... ..
............
16,003,077
1530
P O P U L A T IO N —la 1895 population was 2 7 ,0 9 3 ; in 1S90 It was
25 ,418 ; in 1880 it was 21,213; in 1970 it was 18,629.
565
LO A N S—
w arn Due.
Cit y I ndebted * - sa
gs, MAS # 1 00,0 00...Mar. 1, 1897
Council
iations —
4 4 s, MAN. $ t o i 0 0 0 .M ay 2. 1917
LOANS-
Court Hotob and City hall —
5s. JA.I. #30.000..Jan. 1, 1915
4 4 s , JAJ. 100,000.. Jan.
1 4 s, MAN, 200,000. .May
1 4 s, .TAJ, 150.000..Ju ly
F ire D epartm ent —
1 4 s, JA J. #50,000.. Jan.
4 4 * . MAN. 100,000..M ay
H ospital —
4 4 s, MAN, $50,000. .M ay
4 4 s . FA A , 5 0 ,0 0 0 ..Aug.
Is. FAA, 50,000.. Aug.
1. 1916
2. 1917
2, 1918
1, 1916
2, 1917
2. 1917
1, 1921
1, 1919
When D ue
SEWERAGE—
73,
MAN, $100.000.May 1, 1898
MAN,
50.000.N ov. 2, 1899
MAN,
27.000. May 1, 1903
MAN,
5 0 0 .Sept, 1, 1903
JAJ,
1.0 00.
Jan. 1, 1904
MAS,
3.000. Nov. 1, 1901
MAN.
9,6 00.M ur 1, 1905
MAS,
95.000. Mar. 1, 1909
A AO. 100.000. Apr. 2, 1908
A AO, 200.000. Apr. 1, 1915
100.000. July 1, 1916
1 4 s , JA J,
1 4 s , MAN, 200.000. May 2, 19 17
4 4 s , JA P , 200.000. Dee. 1, 1918
Is , FA A,
20.000. Aug. 1, 1900
Is, MAN, 150.000. M ay 1, 1920
250.000. Aug. 1, 1919
i s . FAA.
Str e ets —
5s, A&O,
$5,000 .A pr. 1, 1909
4 0 ,0 0 0 .Apr. 2, 1913
5s, A AO,
5s, FAA,
35.000 .Aug. 1, 1913
Is, JAJ.
25.000 .Jan. 1, 1920
St. Paul, Minn,—Robert A, Smith, Mayor. The following
Levbf,—
statement has been corrected to January 1, 1896, by means of 5s, AAO, $20,000.. Apr. 2, 1903
L ak e Com o B onds —
a special report to the Chronicle from City Comptroller J. J. 1 4 s . MAS. $ 2 5 ,0 0 0 .-S e p t l, 1921
L ocal I mprovement —
MeCardy.
7*. JAJ. $1 00,0 00..July 1, 1898
St. Paul is in Ramsey County, and its valuation is only
Water M arket—
sliahtly less than the valuation of the entire county, Some 6s. AAO, #10.000... Apr. 1, 1899 5s, AAO,
5ft. FAA,
Parks—
of the Ramsey county bonds have the faith and credit of both 7ft, JAJ, $1 00,0 00..July 1, 1903 5s, AAO,
AAO,
AAO, 25,000. Apr.
1913
county and c i'y pledged for their payment, principal and 5s, JA J. 25,000., Jan. 2, 1916 5s,* . MAN,
14s,
1,
14
interest. In the following report of the city debt the first 1 4 * . MAS. 2 2 5 ,0 0 0 ..Sept. 1, 1917 4 4 s, MAS,
■is. MAN, 4 5 ,0 0 0 ..May 1. 1920 4 48, JAJ,
tat 1? gives the outstanding bonds in detail and the second
4 4 8 , JA J,
R ailroad a id —
table gives details regarding the certificates of indebtedness 8ft. MAS. $ 5 0 ,0 0 0 ..Sept, 1. 1897 4 4 * , MAN.
6ft, MAN.
75.000. - Nov. 21,1998 4ft, JAD,
Os, JAD,
50,000.. Disc.23,189 8 4ft, MAN,
eoxuan deist .
LOAN SE s i k u : Loans —
I
LOAN SITAe/t Due,
AacrJiKSTS— JR.R. C k o ^ i x o s —
44*. JAJ, 850.000... Jan. 1, 1916 7*.
5$.
A i .» .s * s » W o r k H o c s k —
8*,
ft*.
5«,
1*.
JAD,
AAO,
MAS,
PAA,
8 7 ,5 0 0 ,...P e e . I,
2 5 ,0 0 0 ... Apr. 2,
2 5 .0 0 0 ... Mur. 1,
3 0 ,0 0 0 ....Aug, 1,
1697
1913
1911
1906
B o a r d o r , E d u c a t io n —
5*.
AAO,
MAN,
1 4 * ,J * J ,
4 4 », FA A,
44*. WAX.
l~!«. JAJ,
$50,000.. Apr. 2. 1903
50,000 M;.y 2, 1915
50,000.. July 1, 1002
50,000..Feb. 1, 1916
150,000. .May 2, 1917
150,000 .Jan. 2, 191$
I V , MAN, 100,000 .May 1, 1919
Aft, JAJ, 100,000.. Jan. 15,1920
5*.
NEW
5»,
MAS, *35.000 .Mar. 15,1896
AAO,
5,000. .A pr. 2, 1008
MAN,$2mi,<XW.
44*. JAJ,
14*. MAN,
44*, MAN.
4 4*. JAJ,
4 4 s, FA A,
4ft, FA A,
4*. JAP,
la. JAJ.
.ft, JAJ.
Is, MAN,
May 1, 1018
100,000 J u ly J, t o n ;
211,000 May 2, 1917
90,000. Nov. 15,1017
300,000, July 2. 1918
16,000. AU«. 1. 1918
5,000 AtlK. 1, 1900
20.000 J n a e i, 11107
31,000 .Ju ly 1 , 1015)
250,000 Jan, 1. 1920
55.1 -Hi Stay 1, 1920
5s. AAO,
n , MAN,
$22.000.. Apr. 1. 1906
50,000 . May 15.192 0
R edemption—
DEBT CERTIFICATES.
Principal,---------LO A N S7 r !’“ r l\T' When Due. Outstand'a.
,m
NAME AMO PURPOSEHalt. Payable.
Department fund*...................... 6
various June 1 5 ,1896 $185,000
................... 6
J A J
July 15, 1896
1>0
(to
627.500
366.500
......................................................... 0 F A A AUK. 15.1896
PAR V A LU E.—
The bund* are all, or nsurly all. for $1,000 each.
IN T E R E S T on all burnt* o f elite c ity U payable In New York.
T O T A L D EB T, Etc .—The follow in g «tatetm«nt shows the total debt
o f the city and the flu king funds held against the sam e on each o f the
date* named.
UOWARB A. HAVEN.
W . N . Coler 8c C o.,
FOE
New York Savings Banks
and Trustees.
SEN T
1 0 0 ,0 0 0 . Deo. 1 ft, 1900
75,Qp0. Apr. 1. 1901
1 5 ,0 0 0 ..Aug. 1, 1904
LOANS.
Investment Bonds
L IS T
««>. JAD,
Os, AAO,
5s, FAA,
$ 5 00,0 00.Apr. 1, 1909
150,000.Aug. 1, 1913
100,000-Apr. 1, 1914
•100,000 Apr. 1, 1915
200.000. M ay 2, 1917
300.000. Mar. 1, 1918
100.000. Jan, 1, 1919
160,000 Jan, 1, 1919
100.000. M ay 1, 1919
350.000. June 1, 1912
100.000.
M ay 1, 1920
W est St . F a u l
ts , AAO,
#13,500.Apr. 1, 1898
Is , MAN, 45,000. May 1, 1920
1 I'O.N
A P P L IC A T IO N .
HAVEN & S T O U T ,
BA N KERS AND BR O K ER S,
B A M 4ER S.
1 E xch an ge C ou rt.
M U N IC IP A L B O N D S
-ft MEMBERS OF BOSTON AND NEW YORK
STOCK KAO!ANDES.
•10 W a te r S tre e t, B a iia a .
7 N assau - t r e e f . N ew VorU.
-
-
M EW Y O R K .
Hur **ld S ell R a ilr o a d .Stack* and Rond#
on M Ariel* o r fo r CfftnKt at ! - i « U i
p er rou t €om itii##iot*.
M eiobw o f tl«* Ooinwitldadeii Exchange*
34 NASSAU STREET.
R. L. DAY & CO.,
WRIGHT C. STOUT
Richardson 8c Clark,
W H A N N & SCHLESINGER1
BANKERS
12 E x c h a n g e S t r e e t ,
MUNICIPAL
BONDS.
P R O V ID E N C E , R . I
MUNICIPAL
BONDS,STOCKS AND LOCAL SECURITIES.
BOND S.
E. C. Stanwood & Co,,
IN V E S T M E N T B A N K E R S
I W A LL STREET,
B A N K E R *,
SESSIONS 8c C O .,
NEW Y O R K
R. A , Lancaster 8c C o.,
121 Devonshire Street,
BANKERS,
No. 10
BO STO N,
W ALL
NEW
L IS T S SE N T I.'PON A P P L IC A T IO N
OHIO,
(KrtabOibod 1*81.)
F lr»t M o rtg a g e L oa n * on C olum hn * R e a l
E state a S p e c ia lty .
R O B E RTS BROS,,
IN V E S T M E N T
YORK.
BAN K ERS,
S p o k a n e , W a sh .
8c Freese,
l W E ST ME NT and MISCELLANEOUS
SECURITIES.
C o u n t y , C it y , S c h o o l B o n d * ,
W a rra n t* an d L oa n *,
N E T T IN G 3 T O S P E R C E N T.
L. 8. no m u m
tv. . Itosmem
OOttRESPONDBNCIS SOLICITED
No tith e m S e c u ritie s a S p e c ia lty .
Urn* distance Telephants t
Cable Addrera;
D* I ORTI,A*DT._____ “ HfDKRATIOX. N. T.
Haight
STREET,
C O E C a II U S ,
sta te,
B U F F A L O , N. Y.
DEALERS IN
Bunkers k Commission Stock IJrokerg,
33 B R O A D W A Y , NEW Y O R K .
S 3 S T A T E S T R E E T , B O STO N .
J, M. Klingelsm ith,
S T O C K S , BO N D S AND G R A I N
E R I E C O U N T Y S A V IN G S B U IL D IN G ,
Bought and SoId at 1-ift Commi-don.
Sueelal attention given to oai-oD tow n ac
count*.
TRAN SACT A GEN ERAL HANKING
STOCK EXCHANGE BUSINESS.
I> T B S T *B N T
AND
BONOS.
M ttrm su » f Bank.*, Banket* and Individuals
rew ired on favorable term*.
NATION At. BANK REFERENCE# FFBNiHHKt!.
U P T O W N O F F IC E , 1 1 3 4 B R O A D W A Y .
Y O IA K .
ALL LOCAL AML WESTERN NEW
YORK SECURITIES DEALT IN.
« KMBBB8 OF NEW YORK STOCK BACHANOB,
Altos m te iw to n deposits subject to eight ebook.
it If arid sell on commission stocks *n<l bond! either
fat auh or on margin, and deal In
B e n w e l l 8c E v e r it t ,
S ch erm erliorn Bn I Id lug.
(I W A L L S T ,
BANK ERS,
18
W ALL
V IliK K T ,
NEW
E s ta b lis h e d 1 8 6 5 .
Investment Secnrltles,
MUNICIPAL I83UEF IN THE STATES OF
N E W
YO RK & N E W
A SPECIALTY
JERSEY
THE CHRONICLE
566
Jan., 1 . 1 S 9 6 .
T o t a l b o n d e d d e b t ( i n c lu d in g w a t e r b o n d s ) , . . $ 8 , 3 3 2 , 1 0 0
F l o a t i n g d e b t o r c e r t if ic a t e s o f in d e b t e d n e s s .
1 ,4 7 9 ,0 0 0
Jan. 1. 1 3 9 5 .
T o t a l c it y d e b t J a n u a r y 1 ..................................... $ 9 , 8 1 1 , 1 0 0
L e s s s in k in g f u n d s ...............................................................
3 3 8 ,9 2 3
$ 1 0 ,1 2 3 ,1 0 0
2 4 8 ,5 0 0
N e t d e b t J a n . 1 , 1 8 9 5 ........................................ ...............
W a t e r d e b t i n c lu d e d i n t h e a b o v e t o t a l . .
LOANS-
. $ 9 ,8 7 4 , 6 0 0
$ 2 ,4 6 0 ,0 0 0
C IT Y
P R O P E R T Y . — T h e w a te r w o rk s o w n e d b y S t. P a u l are
s e lf -s u s t a in in g a n d c o s t $ 4 , 1 2 3 , 9 4 5 .
T h e w a t e r d e b t is t o b e m e t b y
tlio B o a r d or W a t e r C o m m is s io n e r s , w h o , a c c o r d i n g t o t h e c i t y c h a r
te r , “ sh a ll e s t a b lis h s u c h w a t e r r a t e s a s w ill a t a ll t i m e s in s u r e to t h e
c i t y a s u ffic ie n t in c o m e t o p a y in t e r e s t a n il to p r o v id e a fu n d to p a y
p r in c ip a l u p o n a ll th e b o n d s , e t c ., is s u e d f o r w a t e r p u r p o s e s .”
The
r e a l e s t a t e h e ld by th e c i t y is v a l u e d a t $ 8 , L 3 4 ,9 1 5 .
VALUATION AND INDEBTEDNESS .—The city’s assessed vnluatiou, said to lio about 00 pet eeut of actual value, aud tax rate have
been as follows:
Total City
,--------------------- Assessed Valuation.--------- ------------. Tax Hate Honda.
Tears.
Real.
Personal.
Total.
per $ 1 , 0 0 0 . Dee. 3 1 .
1 8 9 5 . . $ 1 0 9 ,4 1 * 4 ,3 0 3
1 8 9 4 . . . 1 0 9 ,1 7 9 ,3 1 0
$ 1 3 ,1 1 9 ,4 0 0
1 4 .1 7 0 ,3 9 5
$ 1 2 2 ,6 1 3 ,7 0 3
1 2 3 ,3 4 0 ,7 0 5
$ 2 0 -3 0
2 1 -0 0
$ 3 ,3 3 2 ,1 0 0
8 ,3 9 2 ,1 0 0
Dayton, Ohio.—0. G. McM.illea, Mayor. The following has
been corrected to March 1, 1S96, by means o f a s p e c i a l report
to the C h r o n i c l e from City Comptroller A . C . H e r t v g .
Dayton is in Montgomery County,
LOANS—
When Dae.
B r id g e b o n d s —
5 s . M A N ,$ 1 5 , 0 0 0 . . . . N o v . 1 , 1 8 9 6
5 s , M & S , 2 4 , 0 0 0 . . . . S e p t. 1 , 1 8 9 6
( $ 4 , 0 0 0 d u e y 'r l v .) t o S e p t. 1 , 1 9 0 1
5 s. M & S,
$ 5 , 0 0 0 . ...S e p t . 1 ,1 9 0 2
5s, M & S,
5 , 0 0 0 . . . .S e p t , 1 , 1 9 0 3
5s, A&O.
1 2 ,0 0 0 ...O c t , 1 , 1 9 0 4
C rrv H a m B o n d s—
4s.
M & S , $ 7 1 ,0 0 0 . S e p t. 2 6 , 1 9 0 2
C rrv P r is o n B o n d s —
5s,
M & N . $ 1 0 .0 0 0 .N o v . 1 .1 8 9 6
E x t e n d i n g 1n d e r t e d . B o n d s —
5 s . J & D , $ 1 2 , 0 0 0 ......... J u n e 1 , 1 8 9 6
( $ 6 , 0 0 0 d u e y e 'r lv ) t o J u n e 1 , 1 9 0 2
5 s . .T& D , $ 7 2 . 0 0 0 ......... J u n e 1 , 1 9 0 3
( $ 1 2 , 0 0 0 d u e v ’ r lv ) t o J u n e 1 , 1 9 0 8
5 s , J & D , $ 1 5 , 0 0 0 .........J u n e 1 , 1 9 0 9
5s, J& D ,
1 5 , 0 0 0 .........J u n e 1 , 1 9 1 0
F unded D ebt B onds —
5s,
M & N , $ 2 5 ,0 0 0 N o v .
1 ,1 8 9 6
4s,
M & S,
6 5 ,0 0 0 .S e p t. 2 6 , 1 9 0 2
4 U ,s, F & A ,
2 ,0 0 0 .A u g. 2 0 , 1 8 9 6
4 *es, F & A .
2 ,0 0 0 .A u g . 2 0 , 1 8 9 7
4*es, F & A ,
3 ,0 0 0 .A u g . 2 0 , 1 8 9 8
5s,
A & O , 5 0 ,0 0 0 .A p r .
1, 1 8 9 9
( $ 1 5 , 0 0 0 d u e y ’ r l y t o A p r . 1 , 1 9 0 8 .)
B A N K E R S A NR B R O K E R S ,
CREEK,
Tears.
F.
J.
2*4
B R O A D
N ew
S T R E E T
O H IO .
Examinations and Reports Made fo
Bankers and Investors of Railroad, Coal
Mining, Oil and Electric Properties-
Wesley Farrington,
L a t e A u d i t o r o f N . Y . I i. E . & W . R R . Co.
203
SECURE
BANK
VAULTS
BROADW AY,
R ooms
508-509 M i n i
and
REPORTS FOR
QENUINE
WELDED CHROME STEK1 AND IRON
I Round and Flat Bars and i>-plv Fla esand Angles.
FOR S A F E S , A
rAULM *C .
’f
Cannot he Sawed, Cut or Drillec
B urglar-P roof
C H K O .H E
STE E L
C IV IL
'
L e a d in g B r a n d s
AN D B L E A C H E D S H IR T IN G S
and SH E E TIN G S,
e n g in e e r
P R N T S , D E N IM S , T IC K S , D U C K S , & c.
Drills. Sheetings, Re., fo r Export Trade.
Fred. H. Smith,
N o. 8 B R O A D S T R E E T , N E W Y O R K
STOCKS AND BONDS.
ACCOUNTS
,
R O O M 202, B U L L I T T B U IL D IN G ,
SOLICITED,
IN T E R E S T A L L O W E D O N B A L A N C E S .
M arket L e tte r o n A p p lication .
Correspondence
In vited . E stab lish ed 1868.
A ll classes o f U n listed Securities and Traction
Stocks B o u g h t and Sold.
L oca tion and C on stru ction .
120 BROADWAY
■ •
WMo F R A N K L I N
BOOKS
NEW YORK
HALL
ACCOUNTANT
AU M TEB
Settlement of Insolvent Estates.
-Active and Successful Agents, wishing to rep
resent this Com pany , m ay com municate
with the President, at the H om e Office,
2 0 1 Broadw ay, New York.
OFFICERS:
H . B U E F O R D ...................P r e s i d e n t
G P. FR AL m
-IGH........................................Secretary
A- WIIE ELWRIGH'i’............... Assistant Secretary
WM. T. STAND ».N........................................Actuarv
ARTHUR C. PERRY.....................................Cashier
JOHN P. MUNN........................... Medical Director
FINANCE COMMITTEE:
9®,?- G- WILLIAMS.......... Prest. Chem. Nat. Bank
'*pHN J. TUCK ER.....................
Builder
Jlt- Prest- Imp- & Traders’ Nat. B’k
JAMES R. PLUM.......................................... Leather
B r f n c k e r l i o f t ; T u r n e r & C o .,
MANUFACTURER AND DEALER IN
C O T T O N SAIL DUCK
AND ALL KINDS OP
JOTTON CANVAS FELTING DUCK,
CAR COVERING BAGGING,
RAVENS DUCK, SAIL TWINE, &C.
POPE “ AWNING” STRIPES.
A gent
U N ITE D
STATES
B U N TIN G
109 D u a n e Street, N e w
B oston
Hatch & Foote,
BANKERS,
No. 3 NASSAU STREET, NEW YORK,
IN V E S T M E N T
IN T H E C I T Y O F N E W Y O R K .
This old and reliable Company now has the experlenee of forty-six years of practical Life Insurance,
which has taugln it that the sine qua i on of success
lts the adoption of good plans of insurance, and the
pursuit of a liberal policy towards both its Insured
and its Agents. These essentials it possesses in an
eminent degree, but judiciously tempered by that
couservatism which is the best possible safeguard of
the policy-holder. Its contracts are incontestable
after two years. The are non-forfeiting, providing
generally for either paid-up policy or extended in
surance, at the option of the policy-holder. It gives
ten days of grace in payment of all premiums. Its
course during the past forty-five years abundantly
demonstrates its absolute security.
CO.
A ull supply, ail Widths and Colors, alway
N ew form s designed fo r books o f ac
418 E x ch an ge B uild in g, 63 S tate S tree t
The United States Life
Insurance Co.
SUCCESSOR TO
C o n su ltin g E n g in eer
R eports on In ve stm en t Properties fo r Bankers
and Investors.
E xam in ations in regard to physical condition and
character, earnings, m anagem ent, needs, valu e, etc.
R a ilro a d
1896.
J. Spencer Turner,
Jos. O. Osgood,
T o w e ls , Q u ilts, W h it e G o o d s nnd H o s ie r y
MARGI N
INVESTO RS
P H IL A D E L P H IA .
t*..
LYN , N. Y.
N E W Y O R K ,B O S T O N ,P H IL A D E L P H IA
BROW N
.
M RS,
Bliss, Fabyan & Co.,
agen ts for
YORK.
b u il d in g
J O H N M A R S T O X , J r .,
M . A m . Soc. C. E .
Se l l i n g
NEW
E xpress
ON R A I L R O A D P R O J E C T S A N D P R O P E R T I E S
R ailroads L o cated on E c on om ic Principles.
Plans, Specifications an d E stim a tes Fu rnished .
C O N S T R U C T IO N S U P E R IN T E N D E D .
and positively
-
K e n t A ve., K eap & ILo j
Sole M an ’f ’era in th e U. S. B R C
SENT.
EX PER T ACCOUNTANT,
Y ork.
.0 0 0
$2600
2 6 -0 0
1850.
E N G I N E E R ,
COLUM BUS,
BAN K ER S AND B R O K E R S,
Tax p. S I
$ 4 1 ,2 8 2 ,0 7 0
4 1 ,0 4 8 ,2 1 0
M IS C E LL A N E O U S .
Picard,
REFERENCES
N o.
Assessed Tal.
P O P U L A T I O N - — I n 1 8 9 0 p o p u l a t i o n w a s 6 1 . 2 2 0 ; in 1 8 8 0 i t w a s
3 8 . 6 7 8 ; i n 1 8 7 0 i t w a s 3 0 , 1 7 3 ; in 1 8 9 5 , a e e o r d i n g t o l o c a l f ig u r e s
8 5 ,0 0 0 .
6
C O N S U L X I N G
W. H. Goadby & Co.,
When Due.
* r h e t o t a l d e b t a s f o r M a r c h 1 , 1 8 9 6 , i n c lu d e d a w a t e r d e b t o f
$ 7 6 5 ,0 0 0 .
I n a d d it io n t o t h e t o t a l g e n e r a l d e b t t h e r e w e r e o u t s t a n d
i n g o n M a r c h 1 , 1 8 9 6 , s p e c ia l a s s e s s m e n t b o n d s t o t h e a m o u n t o f $ 1 , 2 8 3 , 1 6 5 ; p r i n c ip a l a n d I n t e r e s t p a y a b l e f r o m
a sse ssm e n ts u p on
a b u t t i n g o r b e n e f lt t e d p r o p e r t y . A l l o f s a id b o n d s a r e d u e a n d p a y a b l e
in fr o m o n e to te n y e a rs.
ACCOUNTANTS.
COLO.
If you desire a Pay M ine, stock paying regularly
m onth ly dividends, B on d s and L eases undeveloped
m ining property, or organized com panies, w rite for
inform ation.
’'Total Debt.
1 8 9 6 ........................................$ 2 , 4 4 7 , 0 0 0
1 8 9 5 ....................................... 2 , 1 9 7 , 0 0 0
F ir e D e p a r t m e n t B o n d s—
5 s . M & S , $ 2 1 . 0 0 0 ......... S e p t . 1, 1 8 9 6
( $ 3 , 0 0 0 d u e y 'r l y ) t o S e p t . 1 , 1 9 0 2
G 'lllU G E C l! MATOKV BONDS—
5 s , F & A , $ 2 4 , 0 0 0 ......... F e b . 1 , 1 8 9 8
( $ 4 , 0 0 0 d u o y e a r ly ) t o F e b . 1 , 1 9 0 3
5 s . F & A , $ 5 , 0 6 0 ......... F e b . 1 , 1 9 0 4
G en eral Street I m provem ent
B onds—
5 s , A & O , $ 5 0 , 0 0 0 _____ A p r . 1 , 1 9 0 3
( $ 1 0 , 0 0 0 d u e y ’r ly ) t o A p r . 1 , 1 9 0 7
Graham & McCart,
LOANS—
So u t h w e s t e r n S e w e r B o n d s 4 3 , M & S , $ 1 5 , 0 0 0 ........ S e p t . 1 , 1 8 9 6
( $ 3 , 0 0 0 d u e y ’r ly ) t o S e p t . 1 , 1 9 0 0
St r e e t I m p r o v e m e n t B o n d s—
5 s . J & D , $ 4 2 , 0 0 0 ...........J u n e 1 , 1 8 9 6
( $ 6 , 0 0 0 d u e y ’ r ly ) t o J u n e 1 , 1 9 0 2
5 s , J & D , $ 7 2 , 0 0 0 ...........J u n e 1 , 1 9 0 3
( $ 1 2 , 0 0 0 d u e y ’ r ly ) t o J u n o 1 , 1 9 0 8
5 s , J & D , $ 1 5 , 0 0 0 ...........J u n e 1 , 1 9 0 9
o s , J & D , 1 5 , 0 0 0 ....... J u n e 1 1 9 1 0
W olf
Cr e e k
Im pr o vem en t
B onds—
4 s , M & N , $ 1 0 , 0 0 0 ......... M a y 1 , 1 8 9 6
( $ 5 , 0 0 0 d u e y ’ l-ly) t o M a y 1 , 1 8 9 7
4 s . M & N , $ 3 5 , 0 0 0 ......... M a y 1 , 1 8 9 8
( $ 7 , 0 0 0 d u e y ’r ly ) t o M a y 1 , 1 9 0 2
W a t e r -W o r k s B o n d s —
4 s , M & N , $ 5 0 5 ,0 0 0 .. ..M a y 1 , 1 9 0 5
Wa te r -W orks
Improvement
B onds—
5s,
F & A , $ 5 0 , 0 0 0 .. .A u g . 1 , 1 8 9 6
( $ 5 , 0 0 0 d u o y ’ r ly ) t o A u g . 1 , 1 9 0 5
os,
M & S , $ 4 0 , 0 0 0 . . .S e p t . 1 , 1 8 9 6
( $ 5 , 0 0 0 d u e y ’r ly ) t o S e p t . 1 , 1 9 0 3
5 s, A & O , $ 1 0 0 ,0 0 0 ... A p r. 1 ,1 9 0 6
( $ 2 5 , 0 0 0 d u e y ’ r ly ) t o A p r . 1 , 1 9 0 9
4*2S, F & A , $ 2 7 , 0 0 0 . . A u g . 2 0 , 1 8 9 6
( $ 3 , 0 0 0 d u e y e .’r l y ) t o A u g . 2 0 , 1 9 0 4
4s,
A & O , $ 1 8 . 0 0 0 . . O e t.
1 ,1 8 9 6
( $ 3 , 0 0 0 d u e y ’ r ly ) t o O e t.
1 ,1 9 0 1
4s.
A & O , $ 2 0 ,0 0 0 . O ct.
1 ,1 9 0 1
( $ 4 , 0 0 0 d u e y ’ r ly ) t o O c t ,
1 ,1 9 0 6
4*08, F & A , $ 5 ,0 0 0 .. A u g . 2 0 ,1 9 0 5
TO TAL DEBT, E T C -— T h e s u b jo in e d s t a t e m e n t s h o w s D a y t o n ’ s
t o t a l m u n ic ip a l d e b t , t h e a s s e s s e d v a l u a t i o n o f p r o p e r t y in t h e c it y
a n d t h e r a t e l e v i e d f o r a ll p u r p o s e s ( S t a t e , c o u n t y , c i t y a n d s c h o o l ) ,
f o r t h e y e a r s I n d ic a te d .
................ $100.000....................
M IS C E LLA N E O U S .
C R IP P L E
When Due.
L e v e e B onds—
5 s , M & X , $ 1 5 , 0 0 0 ..........N o v . 1 , 1 8 9 6
5 s , A & O , 1 5 , 0 0 0 ......... O c t . 1 . 1 9 0 4
P a r k St r e e t S e w e r B o n d s—
4 s . J & D , $ 1 8 , 0 0 0 ......... J u n e 1 , 1 8 9 6
( $ 3 , 0 0 0 d u e y ’ r ly ) t o J u n e 1 , 1 9 0 1
4s, J& D ,
$ 5 , 0 0 0 .....J u n e 1 , 1 9 0 2
4s, A&O,
3 5 , 0 0 0 ..... O c t . 1 , 1 8 9 6
( $ 7 , 0 0 0 d u e y 'r l y ) t o O e t . 1 , 1 9 0 0
4 s , A & O , $ 2 4 , 0 0 0 ......... O c t . 1 . 1 9 0 1
, $ 8 , 0 0 0 d u e y ’r lv ) t o O e t. 1 , 1 9 0 3
4 s , M & S , $ 3 0 , 0 0 0 .........S e p t. 1 , 1 8 9 6
( $ 6 , 0 0 0 d u e y ’ r ly ) to S e p t , 1 , 1 9 0 0
P o l ic e D e f ic ie n c y B o n d s —
5 s , M & S , $ 3 2 , 0 0 0 ..........S e p t . 1 , 1 8 9 6
( $ 4 , 0 0 0 d u e y ’ r ly ) t o S e p t . 1 , 1 9 0 3
Se w e r Bonds—
5 a , A & O , $ 2 5 , 0 0 0 .......... A p r . 1 , 1 9 1 2
5s, A & O ,
2 5 , 0 0 0 ...... A p r . 1 , 1 9 1 4
5ft, A & O ,
5 o , 0 0 0 ...... A p r . 1 , 1 9 1 5
5s, A & O ,
2 5 , 0 0 0 ......A p r . 1 , 1 9 1 6
5s, A& O .
2 5 , 0 0 0 ...... A p r . 1 , 1 9 1 8
S t r e e t P a v in g B o n d s —
4 l2 s , F & A , $ 2 1 , 0 0 0 . . A u g . 2 5 , 1 8 9 6
($ 7 ,* i0 0 d u e y ’r ly ) t o A u g . 2 0 , 1 8 9 8
5a,
F & A , $ 2 5 ,0 0 0 ..A u g . 1 , 1 9 0 6
5s,
A & O . 3 0 0 ,0 0 0 .-A p r . 1 ,1 9 1 1
( $ 5 0 , 0 0 0 d u e y ’ r lv ) t o A p r . 1 , 1 9 1 6
5s,
A & O , $ 7 5 ,0 0 0 .. A p r. 1 , 1 9 1 7
( $ 2 5 , 0 0 0 d u e y ’r lv ) t o A p r , 1 , 1 9 1 9
5s,
M & N , $ 2 5 ,0 0 0 ..N ov. 1 ,1 9 1 3
os,
M & N , 2 5 , 0 0 0 . .N o v . 1 , 1 9 1 5
5s,
M & N , 2 5 ,0 0 0 .. N ov. 1 ,1 9 1 7
5s,
M & N , 2 5 ,0 0 0 ..N ov. 1 ,1 9 1 9
$ 8 ,3 9 2 ,1 0 0
1 ,7 3 1 ,0 0 0
$ 9 ,4 7 2 ,1 7 7
$ 2 ,4 6 0 ,0 0 0
[ V ol . LXII,
S E C U R IT IE S .
A N D R E W S
r
Y o r k _______
O F F I C E
DESKS.
A N D R E W S M A N U F A C T U R IN G CO.
Bank and Office Fittings. Fine Brass Work. Special
designs on application.
8K JD FOR CATALOGUE.
N
26 F ift h A v e „ N e w
F ork
C ity .
@FedFRASER