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;
1
1
1'
1
finanrtjil
ronidi!
Supplement
Quotation
Street Railwai|5upplement
(Montwy)
Investors Supplement (guaneriy)
State and
(Entered aooordlng to Act of OongresB, In the year 1900, by the William B.
VOL
C\^ Supplement (^XAnuaii^
Dasa OOlCPAirr, In the office
SATURDAY, MARCH
72
(semi^muaiiy)
ot the Librarian of Oongreei. ]
NO. 1866.
23, 1901.
W»»k ending March
16.
at—
dlearingi
1901.
PUBLISHED WEEKLY.
1900.
1901.
P. Cent.
1889.
1898.
Terms of Sabscription— Payable In Advance:
$10 00
For One Year
iPor Six Months
600
13 00
7 50
A2 14 b.
ffiuropean Subscription (iDoludlng postage)
European Sabscription Six Months (Including postage).......
nnaal Sabsorlptlon In London (inoladlng
BlxMos.
postage)
Allls.
do.
do.
do.
Above subscription Includes—
Xhb Quotation Supplement
Thb Investors' supplement
Street Railway Supplement
State and City Supplement
Terms ol Advertising—(Per Inch Space.)
Transient matter
$4 20 Three Months (13 times) .$29 00
"
Six Months
(26
STAKDINO business OABDS.
).. 50 00
" ).. 87 00
Two Months
(8 times).. 22 00 Twelve Months (52
.
142 280.096
6,866 600
115 023 500
2,328,876
1,857,088
1.215,807
1,281.970
2.612.9S0
2.700,.'171
1,247,0441
l,120,0b8
1,2J9.367I
l,17r,5>i6
Ilolvoke
Total New Bng.
645,476
613.502
390,641
388,077
907.887
888,871
484.926
545,777
824,781
1.642.870,
1.6;n.007
1,764 292,
1.398.934,
157,792,618
180,179.261
Chicago
135,708371
129,628,884
07,700
16,2rt2,6C0
7.«l().a68
New Haven
SprlDKfleld
W(jrcester
Portland
Fall River
Lowell
New Bedford
Cincinnati
Detroit
Cleveland
18,(
&
Smith, l Drapers' Gardens, E. O., will tafee subMessrs. Edwards
scriptions and advertisements, and supply single copies of the paper
at Is. each.
DANA COinPAN¥,
Pnbllsbers,
Pine Street} Corner of Pearl Street,
POST Office Box 958.
NEir
3 469 917
Peoria
Toledo
2,428.014
2,098,201
Grand Rapids
Dayton
1.4Sl(,02B
BvansvlUe
948.941
418 B72
613.684
616.188
YounKstown
YORK.
CLEARING HOUSE RETURNS.
Bprinjffleld, 111
I.exluKton
Akron
Kalamazoo
4*^6.800
4Ce 651
408 870
Rocktord
883.810
816.127
293.470
128.391
458.906
864.677
348.867
258.028
161,249
330,000
870 109
In clude
Sprintrfleld, Ohio..
Canton
The following table, made up by telegraph, etc., indicates Jacksonville, 111...
that the total bank clearings of all the clearing houses of Qulncy
HloominKton.
the United States for the week ending to-day, March 23, Ann Arbor
Tot. Mid. West'n
have been $3,472,804,747, against $2,150,343,107 last week and
$1,678,649,971 the corresponding week last year.
San Francisco.
Salt
Boston
Philadelphia
Baltimore
ChloaRO
St. LoQia
New
Orleans
Seven
Other
cities, 6 dars.
oltles, 6 days
Total
all oltles,
6 days.
All oltles, 1 day
Total
all oltles
for week.
city.
Portland
Clearings— (teturno by TeUorapn.
WeeK Ending March 33
New York
Lake
867,171'
81,666
1901.
P. Cent
1900.
11,454,608,720
182,471,463
81,769.846
19,387.319
123,021,879
88,251.061
11,207,383
$<i5S,e81,162
+«9-9
90,005,480
70,675 230
17.23«,570
102.019,a79
86,429.184
8,818.913
+361
+16-7
+18-5
+20-6
+42'8
+84-8
$1,848,605,069
820,179,816
»l,l«9,e60.768
195 016,431
+68-0
+12-9
12,068,784,885
404.019,862
$1,864,677, 189
813,972,782
+51-6
+88-8
$2,472,804,747
$1,678,649,971
+47-8
Seattle
Spokane
Tacoma.
Helena
FarRO
Sioux Falls
Total Pacltio.
Kansas City
Minneapolis
Omaha
St.
Paul
Denver
Joseph
Des Moines
St.
Davenport..
Sloui City
1901.
New York
Philadelphia
PlttsburK
Baltimore
Buffalo
WashlnKton
Albany
Rochester
Syracuse
Scrantou
WlliiilnRton
.'....
1900.
,444.714,962 1,048.081,748
8-,H70.136
83.489.P4?
88 804.201
26,457,051'
X3.4i6 271
80146.&73
6 028.04F>
4.611,182
S,0«2,016
8.559.048
8,4Fg.i7i
2,408.59S
1,820,061
1,974.684
1,045,737
1.088.411
1,012.708
884.78'<
9r8,779
926,480
BliiKhHmton.
349,800
896.000
Chester
880,808
80S.368
Wheeling. W. Va...
680,875 Not Include
Total Middle
1,610,486.289 1.199.809,709'
1901.
Cent.
16.
1899.
I'.
1,246822.760
3
90 $1)2 974
+44-8
-1-16
31.200.942
88.78 .549
4,333 93fi
8,608.364
1.850,000
9
+9
+80'4
-1-6
-7-8
+1-7
+14-5
+45
-18 6
8 091 678
1,715 879
1,088.299
1,037.49V
801. IT8
1,073.273
438 800
-8*3
785.675 PPf)
69 t<84 907
18 460 644
16 146 .'<U
4.004 2sa
1 «87.6«7
734.3'10
7*2,f<71
366.700
800,000
Norfolk
Aueusta
Enozvllle
Fort Worth
BtrmlnKham
Macon
Little Rook
Chattanootra
Jacksonville
Total Southern.
1.421.003169
Outside N.Tork..
Canada—
800.58:1.694
3
—1*4
+0-9
241.802
478.277
304.948
404.700
393.681
i-5 2
34>i.053
4
-5 7
+16
8
-81-6
+88-1
I
964.663
788 200
885
275
400
815
265
020
878
000
146
800
891 472
208010
800 000
163 975
2^0,000
110,000
184,240
— l-l
In tot al.
16 833 089
900,003
1,276 590
699,091
881.819
819.894
l.t9^,4^6
664.571
263.541
166 885
_+S27
86.024.672
29,947.661
+20-3
86.7¥6023
8i,e06.413
15 2'>0,P99
9,666.586
6.710,4m7
4.858 503
4.724.028
8,474,852
1.869 31)2
1,078,03^
12 51S,793
+21-4
10.662,181
11 1=91 877
7.258 978
4-23
7
+86
9
4
-9
9H3.a<;4
+16*2
+6
3
+7-1
-33
10000476
6.863.120
4 2 18.9^9
4 201.891,
4.148 590
1,413,358
748,577
1,150.223
617 939!
80,237.443
10 456.474
4,588.434
-t-3
6
4 681.976
+18
—18
+32
4
29
2
2 491.189
1,890,722
621.9:8
998.466
578.619
492.856
S
+44-1
i-t-4*4
8
+870
+818
8,022,6701
8,954,000
8,3K7,858;
4,832.8S3;
3.272,254
2,801.4081
1,808 673
1.492 418
1.854 647
+12-3
-t-8^9
+29 8
-38 4
821680
989 288
679 88S
179 099
114 048
8 738.142
+146
+114
1,606 877
1,607.027
1,448.853
1,695,0T7
5511,627
3 817 418
13rt6
3 138,549
1.807 302
1,147 958
e4l'.SS0
886 404
131,87i
584.600
489 605
119 651
110 888
38 4o2 191
87,143 618
81.483 7P8
8,599 1631
8 234.730
27.761.858
9.699 813
7.077.883
2.910,950
2.499 890
8 S''4.781
3.455 t'77
1,989 686
1.420.434
1,808.47a
9<5.011
704.153
ltf9,4lS
al.
a.»<3l,100
2,957. S.88|
1 655 912
+2t>"y
-t-5 2
8.184 0*?
+2»"9
8,0.15 064,
9
1,478.979
1,347.350
9^7 586
1,479 781
+88-4
t.7.1.586
622 981
646 935
4K9.427]
1,634,416
906,000
661,000
697.159
417.122
334 758
781932
+13 9
+99
+12 8
93.915.388
802,161'
-1
-0
1
i)
W18 1481
532 750
687.000
485 633
+10-9
451,000;
-1-63
8
406.693,
+8
6
308 660
j-8-5
391953|
297 S98
268 8 .'6
76.989.208
+«S7
688 017
705 IbS
45*865
640.000
4-6 757
866 188
866444
1
65,4aa 403
6ii,l00.tt(0
+80-8 1.879,900.438 1.886 5«3,r38
706,628.146
815.819.854
+14'7
688877.678
600.8S7,8tS
18.814 244
10 985 68M
11 791.371
9 329 i9*
+17*3
)6.8r7 481
14 868 8:9
8 062 358
1,844.180
1,070,000
I
Montreal
Toronto
Winnipeg
Halifax
Hamilton.
Victoria
+40
—10
8.180.843.107 l.«63,861,e9e
all.
Vancouver
Total Canada.
In tot al.
+850
Nashville.
John
-9*4
1.057 888
1.480 844
16,482.651
I 936.661
1.452,387
l,6ni.H08
1.4UO.0O0
1,128,074
745.876
634.849
271.440
142.998
41 4U.945
12,687 737!
Atlanta
St.
—48
1
Houston
Savannah
Richmond
Memphis.
Total
+STH
-»-5
1898.
—1-2
+24-1
+19 2
+233
+244
4,104 000!
4.8C6 448
2,975 873
4.128 616
2,946 836
8,318 416
1.476 086
1.342,378
8.048,686
Week ending March
-1-117
+14
562724;
+16'1
18W900I
142 737}
+86
Not Include d In tot
"45^7.257
60.262.684
+10 2
Lonls
Orleans
5.232.281
4,740.100
2.690.617
1,802 951
1,551 784
1,177.6*0
929.8181
7 1 6,867
+31"2
18.269.966
2,837 40J
1,783 805
2,677. 18W
1.905.693
9,011989
at—
+32
660,675
160.833
155 000
964,178
New
8,5(13,530
4
81,779,606
2,857,855
Galveston
Clearings
9
^-8*8
+15'4
143488.981
Louisville
detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, March 16, and the results for the corresponding week in 1900, 1899 and 1898 are also given. Contrasted
with the week of 1900 the total for the whole country shows
a gain of 29-3 per cent. Outside of New York the increase
over 1900 is 14-7 per cent.
+16
100,177,244
I2.395,C00
5,900.8S4
6 467.981
4 631 878
8,604 300
2.469 665
178,690,090
night.
We present below our usual
+10-7
115.28tf.624
127.279.888
13,883.800
7,466.139
+7 8
Wichita
Fremont.
Hasttnes
Colorado Sprlnes..
Tot. other West.
St.
H-7
146,208,341
188,2a8.910
the week covered by the above will be
given next Saturday.
We cannot furnish them to-day,
clearings being made up by the clearing houses at noon on
Saturday, and hence in the above the last day of the week
has to be in all cases estimated, as we go to press Friday
full details for
686.642
300,000
201.881.672
1,201.482
1,118,319
Topeka
The
Not
2,156.641
8.187.177
2,670 0H9
Los Angeles...
661,0351
5 021.454,
4,252.300
2.636 516
2,116 8941
8.121.2SU
1,170.553
1,119 578
1,046,437
2t8,0t8
681.312;
647,187'
493,0001
1,071,741
100.432.678
60ii4.C00
2,128 004
1.443.014
1.417,756
1.467.578
1 297.174
846.391
860 871
602.670
933,604
11,118H2«
12,092.101
5,796,135
5,681 600
Indianapolis
127.461.288
7,251.000
5,787.600'
8,89t<.619
Milwaukee
Columbus
London Agents:
WIIiLIAin B.
Boston
ProTldenoe
Hartford
,
1,816 611i
1 427.897
827.9-9
593.160
495.1«2
762.803
^
80.462.256
1.5-<5 0"4|
1.393 -"OT
594 «-n
538.1^4
601 7^5
7S5.S^|
86 454 114
.S.398
+2
+8-4
+.StJ2
+ 11-5
-IS
+8 8
+16-S
9M
1.480.780
1.175 196
793 051
646 879
6840701
668848
T65 087
496.844
1
I0.8yl,6<8|
•6.0W,0T
;
THE CHRONICLE.
650
ing highly explosive.
[Vol. LXXII.
Were
not that conservative
classes know that forces are at work adding materially
A notable event of the week hae been the announce- to actual values, they would not be making purchases
ment of the complete success of the United States Steel so freely as they are in the bond market and in stocks.
Corporation by the deposit of 94 to 98 per cent of the Properties increase in worth more often by decrease
preferred and from 92 to 98 per cent of the common in expenditures than by an immediate increase in
stock of each of the constituent companies called for in gross revenue.
The secret of the rising market is
the circular of J. P. Morgan & Co. A new notice was therefore that both of these elements for developing
issued Thursday extending the time for the deposit strength are present now.
Still, is there not reason
of stocks until April 1 **in view of the fact that there for the suggestion of caution? Admitting, what
are stockholders who desire to participate in the plan, we know to be true, that there are elements of
but who have been unable to deposit the certificates much strength in the market surroundings, the
of their stocks" within the time which expired speculative movement is no doubt under great
Wednesday by limitation. After April 1 "no deposit headway, not at the moment dangerous at all, but it
of stock will be received except" at the discretion and may grow so if the speculation is encouraged.
It is
on the terms which may be prescribed by the syndicate hardly needful to say that at such a juncture as the
managers. This result and the announcement that present there is always a tendency to overdo favorthe large mines, plants and railroads controlled by the able surroundings.
The danger lies on this occasion
Rockefeller interests in Minnesota were to be merged not in that values are fictitious, but largely in the
THE FINANCIAL SITUATION.
into the United States Steel Corporation,
that other large concerns were about
and rumors
to join the
it
fact that a very considerable portion of those
who buy
stocks are not able permanently to
hold what they
and in the farther circumstance that it will
properties, and incidentally to the whole market. take months and perhaps a year or more to bring out
Another important movement further contributing to of some of these new arrangements and combinathe general activity has been the eager buying of the tions the advantages which, with good reason,
Chicago Burlington & Quincy stock, attended by re- are anticipated. In the meantime there may be
ports since denied, that the road was to be leased to set-backs and strains which are possible from
the Great Northern and N^orthern Pacific railroads. many causes, even with industrial prosperity unStill a further influence was the adoption of a resolu- interrupted; and until ruling prices have the suption by the Great Northern Railroad to increase the port of corresponding dividends, they are not stable
capital stock of the company by the issuance at par but liable to tumble materially in case of such a hap(for details of the method see our General Invest- pening.
ment News Department) of 350,000 shares, to be subThe European situation has changed quite materiscribed for pro rata by the stockholders of record atally during the last week or ten days.
the close of business April 15th.
Within that
intime an apparently strained condition has arisen beThe foregoing are some of the more conspicuous
cidents which stimulated the market the greater por- tween Great Britain and Russia.
No one, however,
tion of the past week, especially in the earlier days of believed that anything serious could grow out of
Indeed, as the week closes it is rethe week under review, from Saturday morning to Tues- that situation.
there
were
many
ported that the differences have been arranged or are in
day night. Besides them, however,
other incentives contributing to the enthusiasm, which course of speedy settlement. In South Africa the
seemed to take full possession of all classes, including prospects of peace, which have looked so promising
conservative investors as well as the ordinary oper- recently, have been suddenly dissipated, the Boer
A notable movement occurred commanders and the Boer officials at the conference
ators and speculators.
in the Erie stocks, which developed special activity and held at Pietersburg, the present seat of the Transvaal
strength, sales of the common aggregating Monday Government, having rejected the terms of peace
and Tuesday 325,000 shares; this movement was offered by the British Government. The assumption
claimed to be due to the new position Erie is that the rejection leaves very little chance of an
had assumed as a coal producer, aided by which end to the straggle at present. During the winter
and by other rumored alliances the position of season, which is now near, the fighting will necessarthe company had been, it was asserted, materially ily be restricted; and perhaps that fact, added to the
changed as a revenue maker. But it is unnecessary growing restiveness of the British to the war, evidenced
to particularize farther, since almost every property by this offer of peace, has led the Boer Government
on the list felt the influence of the ruling confidence to think that nothing could be lost and perhaps much
bonds were conspicuous in the movement, the sales of gained by delaying an arrangement. A fact relating
which were unusually large also the more conserva- to the South African problem which may prove
tive stocks, like the New York Central and Pennsyl- important in an industrial way has been announced
We refer to the report by cable from Jovania, as well as the least worthy and most speculative. this week.
only
were
developments
in
and
dated
March 20th, stating that "one
not
hannesburg
Moreover,
rumors
affecting properties dealt in on the Exchange used to mining company has re-started crushing ore and four
advance the market, but the favorable foreign trade others are preparing to begin work." If this means
statement published at the close of last week, which that a considerable resumption of gold production
we give to-day on a subsquent page, had a place in South Africa and a considerable supply at London
among the forces serving to contribute to the fever- can be looked for from that source in the near future,
The
it would prove to be a highly satisfactory event.
ish buoyancy prevailing.
the
monetary
the
surface
situation
of
Europe
cannot
be
that a effect on
These conditions indicate on
federation, imparted
new
life
to
all
iron and steel
buy
;
,
;
getting wealth out of
If that statement
a rise in mere market values.
covered the whole case, the situation would be sirowlarge portion
of the
public
is
Less pressure at the financial centres for
doubted.
that metal and lower interest rates in the money
markets of Europe would be the immediate
results;
J
March
THE CHRONICLE.
23. 1901
551
what influence the new flow of gold might have on items, loans falling o2 $3,976,900, specie $1,706,000,
legal tenders $444,400 and deposits $5,742,900, while
trade afiairs would be a later development.
the surplus reserve was reduced by $714,675 to $10,The favorable showing made by the Texas & Pacific 002,600. The net decrease in loans shown by ten
in its annual report issued the present week illus- banks was $4,696,400, the net loss in specie by these
trates the generally prosperous condition of railroad banks was $2,127,800, and the net decrease in deposits
President George J. was $7,712,200. The loss in cash by all the banks in
properties in the Southwest.
Gould points out that the entire territory tributary to the Association very nearly corresponded with the prethe Texas & Pacific, both in Texas and Louisiana, was liminary estimates. The United States Steel Corporablessed with exceptional prosperity during the past tion syndicate announces a call of 12^ per cent, amountNot only were crops abundant, but the prices ing to $25,000,000, of their subscriptions, payable on
year.
obtained for them in the markets ruled higher than
Under such conditions all
for a long period.
Though
money
be
immediately re-loaned on the market, the prepara-
Monday
next.
this
will doubtless
exceptionally active tions for payment may nevertheless somewhat disturb
proved
of trade
branches
and the movement of traffic large. But while call loan rates.
part of the late year's heavy increase in earnings
Money on call, representing bankers' balances, has
must undoubtedly be ascribed to the unusual abun
dance of the crops, it seems to be a fact that the loaned at the Stock Exchange during the week at 3
revenues of the road keep steadily expanding in good per cent and at 2 per cent, averaging about 2f per
and bad crop years alike. Since 1896 totals have cent, the transactions at the extreme rates having been
been uninterruptedly rising, a new high record being small. On Monday loans were at 3 per cent and at 2 per
By reason of the unfavorable cent with the bulk of the business at 2\ per cent. On
established each year.
conditions which ruled in that year, the total of the Tuesday transactions were at 2^ per cent and at 2 per
gross for 1896 was below the average, being $6,825,-
cent, with the majority at 2^ per cent.
On Wednes-
But the very next year saw an advance to day loans were at 3 per cent and at 2} per cent, with
$7,688,649; in 1898 the amount rose to $8,006,503; the bulk of the business at 2^ per cent. On Thursday
in 1899 there was a further increase to $8,300,185; transactions were at 2^ per cent and at 2 per cent,
and now the total for 1900 is up to $9,751,121. The with the majority at 2^^ per cent. On Friday loans
at 2^ per cent, with
at 3 per cent and
net earnings during the four years have nearly were
doubled; in 1896 the amount was $1,671,566, and the bulk of the business at 2| per cent. Banks
since then there have been successive increases to and trust companies loan at 2^ per cent as the mini$2,174,539 in 1897, to $2,299,038 in 1898, to $2,451,- mum. Time contracts are in good demand, while
the offerings on ordinary mixed Stock Exchange col319 in 1899 and to $3,169,489 in 1900.
lateral
are free and rates on such security are B(^3^
While on the one hand the business of the road
per cent for thirty to sixty days and 3i@3i per cent
is being steadily developed, on the other hand it is
144.
—
being handled with increasing economy. The ratio for three to six months. Where the collateral offered
of expenses to earnings (not including taxes) in 1900 is all or a large proportion of industrials, fractionally
was only 67^ per cent, against 70*47 in 1899, 75 '51 in higher rates are demanded, though no greater than 4
1896 and 78-49 in 1892.
As one element
economy with which the road
in the in-
being operated, we may note that the train-load is being constantly enlarged; for 1900 the average load (not
counting company freight) was 179 tons, which com
pares with 168 tons in 1899, 151 tons in 1898 and 130
tons in 1891. Out of the net income of 1900 the comcreasing
is
pany met all its obligatory fixed charges, and appropriated no less than $635,042 for new equipment and
new buildings and shops, and then had left a surplus
of $1,137,278, equal to nearly the full five per cent on
the $23,217,300 of second mortgage income bonds
outstanding. These second mortgage bonds areprac"
tically all owned by the Missouri Pacific through the
St. Louis Iron Mountain & Southern.
Though
there was no change in the official rates of
per cent for five to six months.
in
Commercial paper
only moderate supply, while the
especially
from the West.
Rates are
demand
3^@4
is
six
4^@5
good,
per cent
for sixty to ninety-day endorsed bills receivable,
per cent for prime and
is
3|@4^
per cent for good four to
months' single names.
As above noted, there has been more or less political tension in Europe this week growing out of a
threatened collision between the Russian and the
English troops at Tientsin. The refusal of the Boer
general, Botha, to accept the British terms of surren-
der also caused considerable uneasiness in London
early in the week.
It
was
officially
announced on
Thursday that the Tientsin crisis had been temporarily
ended by the joint withdrawal of English and Russian troops from the disputed territory.
The Bank of
England minimum rate of discount remains nn.
changed at 4 per cent. The cable reports discounts
of sixty to ninety day bank bills at
London 3^
per cent. The open market rate at Paris is 2f par
cent and at Berlin and Fraijkfort it is 4^ per cent.
According to our special cable from London the
Bank of England lost £127,953 bullion during the
week and held £36,291,979 at the close of the week.
discount by any of the European banks this week,
open market rates were firm. Those at London were
influenced until Thursday by the political tension re
garding the situation at Tieatsin, and at the close of
the week by settlements for £3,000,000 of the Exchequer loan. The open market rates for discount at
Berlin were affected by the political situation in
China, and likewise by the pendency of the new German 3 per cent loan for 300,000,000 marks, while Our correspondent further advises us that the loss
there was more or lees of a reflection in discounts at was due to the export of £140,000 (of which £65,000
Paris of the political cloud in China.
The Bank of were to Argentina, £30,000 to other South American
Bengal at Calcutta reduced its rate from 8 per cent to ports, £40,000 to Malta and £5,000 to Continent), to
7 per cent.
The statement of the New York Asso shipments of £46,000 net to the interior of Great
ciated Banks last week showed decreases in all the Britain and to imports of £52,000 bought in the open
.
.
.
THE CHRONICLE.
552
market and £6,000 imported
from
miscellaneous
sources*
Vol. LXill.
sight.
Rates for actual business opened on Monday
one quarter of a cent higher, compared with those at
the close of last week, at 4 84^@4 84| for long, 4 87f
4 88 for short and 4 88i@4 88f for cables, and the
market was strong influenced by the unsettled feeling
in London and by a demand for remittance.
The
tone was strong on the following day, though the
movement was less active, and rates were not quotably
changed. The unsettled |markets abroad, caused by
the Tientsin incident, imparted activity to the market
on Wednesday, but rates, though fractionally higher,
remained unaltered at the close. On Thursday the
partially demoralized condition of the London market
at the opening caused a further advance of one- quarter
of a cent for exchange, but the later official announcement from London|of the ending of the Tientsin incident brought about an easier tone, though rates
closed at the figures previously ruling, which were
4 84|@4 85 for long, 4 88@4 88^ for short and 4 88f
@4 89 for cables. The market was steady on Friday.
The following shows daily posted'rates for exchange
bv some of the leading drawers.
@
The
foreign exchange market has been strong this
week, influenced by a small supply of bankers' bills
and by a demand to remit for stocks sold for European
account and for securities bought in London for New
York
The
operators.
capital
early
in
unsettled feeling in the British
the week, resulting from the dis-
couraging news from South Africa and the threatened
crisis at Tientsin, caused free selling of American
stocks, which continued more or less important until
Thursday. The demand for exchange to remit for
these stocks found the market insufficiently supplied
with bankers' bills, and rates advanced, occasionally,
however, temporarily receding by reason of offerings
of drafts which had been withheld from the market in
expectation of higher prices.
On Thursday after a
strong opening the news of the ending of thejcrisis at
Tientsin caused a relaxation in the demand for remittance, and the tone grew slightly easier by
the close. There was some expectation during the
early part of Thursday that rates might advance to the
gold-exporting point. Close calculations, however, disclosed the fact that shipments of gold to London were
unlikely, at least at present, though it was thought not
improbable that the metal could be forwarded to
Paris at a profit, provided the rates for sterling at
Paris on London remained favorable for such operThe sensitiveness of our exchange market to
ations.
the movements in unofficial discounts in London continues to be a noticeable feature.
So long as these
discount rates rule relatively higher than those in our
market, there will be more or less advantage in the
accumulation of credits in London, through operations
in commercial bills, thus enabling our bankers
to employ their funds in the British capital or
at the continental centres with profit.
This accumulation of credits is generally accomplished through the forwarding of commercial drafts
for acceptance, withholding them from discount,
and permitting the proceeds as they mature to be
employed at European centres wherever they can
An advance in London
be used to advantage.
or in Continental discounts naturally tends to
stimulate the demand for commercial bills for the
purpose above noted, and at the same time bankers refrain from drawing their own bills, unless
there should be urgency in the demand here,
preferring to keep those credits which are profitably
employed undisturbed. Thus the market has the
appearance at times of being almost bare of all kinds
DAILT FOSTBD BATES FOB FOBBION BXOHANOB.
FBI..
Mar.
Brown
BarlnK,
many
exchange
is
inactive commercial
cases locally absorbed
drafts
and held for|higher
are in
No. Amerlo&,.,
60 days.
85
85
08%
86H
88H
88«
R5«
8B%
86%
88^
85^
86H
85H
89
89
5
I
Sight....
4
80 days.
485
4 88«
86
85
89
85
89
8S
iS^
4 8S
4 88K
88«
88«
88«
88«
mi
8S
85
85
85
86
88>4
ea%
85
85
88%
?5%
8»<
8BM
8SH
86%
98%
86%
88%
88M
85%
88^
89
89
89
86%
e6%
85^
5
1
Sight....
88^
J
Sight....
5
60 days.
\
Sight...
4 85
4 88«
(
60 days.
485
J
Sight....
Heldelbaob, lokelhelmer & Co.
89
60 days,
Montreal
Canadian Bank
of Commerce..
MON.. Tubs.. Wbd.. thitb., fbl.
Mar. 18. Mar. 19. Mar. 20. Mar. 21. Mar. 88.
4 85
4 88«
4 86^
ISiBht...,
(
60 days.
4
88«
88«
^^
89
89
89
85
85
days.
LaxardFrerei... (60
Sight....
4 86«
4 88>«
Bk.
85
85
86
89
85
89
85
89
85
88^
88%
88«
88«
88«
88%
J
tterotaants'
of Canada
(60 days.
J
@4
4
Sight....
The market
84|@4
closed at 4
85 for long, 4 88
and 4 88f @4 89 for cables.
Commercial on banks 4 84J@4 84^ and documents
for
payment 4 83f @4 84f
Cotton for payment,
4 83|@4 84, cotton for acceptance 4 84:^@4 84^ and
grain for payment 4 84|@4 84f
88i
short
for
.
The following gives the week's movements of
money to and from the interior by New York banks.
Week EnMng Mar.
28, 1901.
Received by
Net Interior
Movement.
Shivved by
N. T. Banks. N. T. Banks.
Onrrenoy.
(Jold
Total gold and legal tenders
16,786,000
15,186,000
1.111,000
984,000
Gain.
Gain.
tsei.000
187,000
16,847.000
16.109,000
Gain.
t738,000
With the Sub-Treasury operations the
result
is
as
follows.
Week Snding Mar. 82,
1901.
Out Of
Banks.
into
Banks,
Banks
Interior
movement, as above
Ssb-Treasury operations
Net Change in
Bank
fioldinfi.
16,847,000
$6,109,000
18,800,000
19,100,000
Gain.
Loss.
1738,000
900,000
C26.047,000
125,809,000
Loss.
9168,000
prices,
Total Bold and legal tenders.
Activity in our market and advancing
rates tend to bring these locally accumulated sup
plies of bills into sight which are soon exhausted in the
The following
factory profit.
i2i
table indicates the
amount
of bullion
the principal European banks.
Mar.
We
have explained previously
Bank ot
in this article why the foreign exchange market is
occasionally reported bare of commercial bills though
fngland
the current merchandise export movement may at the Prance
same time be so large as seemingly to afford a supply Germany
tinssla
of exchange far in excess of ordinary requirements. Ans.-Hnng'y.
3paln
The Assay Office paid $912,752 84 for domestic bullion. Italy
Netherlands..
Receipts of gold at the Custom House $45,66L
Nat. Belg'm..
Nominal rates for exchange advanced after the mid- I'ot.thls week
dle of the week to 4 85^ for sixty day and 4 89 for T 3t. prev. w'k
described.
j
Bank of
to be offered whenever they can be sold at a satis-
way above
& Co.
British
MagOTin
Bank
of bills, notwithstanding our continued large exports.
When
Broi.....
16.
eoia.
M
Mar.
21, 1901.
Silver.
Total.
Qoia.
X
M
22, 1900.
Silver.
Total.
X
38.291.979 35,500,830
86,600,880
96,117.640 43,915.703 139,033,212 77,699,183 45,774.816 123,373,499
80,209.000 16,662.000 46,771,000 88,377,000 14,619,000 48.996,000
73,556.000 6,967,000 80,583,000 88,691,000 6,314.000 90.005,000
88,912,000 10,620.000 49.532,000 87,547,000 8.680,000 46,187,000
14,080,000 16,466,000 30,48'),000 13,664.000 16,341,000 28,905,000
15,348,000 1,867,300 17,815,300 15,418,000 1,602,000 17,014,000
5,068,400 6,620.700 10,679,100
4,972 000 6,084.000 11,066,000
2,917,000 1,474,000
4,481.000
2,943,000 1,472,000
4,417,000
86,291,979
311,469.910 108492702 418,958.631 299,708.018 99,686,816 399.394,829
311,489.880 102116815 413.605.626 800,178,724 99,698,691 399.869,416
March
THE CHRONICLE.
23, 1901.J
Denmark.
THE TIENTSIN EPISODE.
of those curious incidents of international friction so common in the relations of the Powers has
occurred very suddenly in the past ten days, and for
One
a time placed Russia and Great Britain in a position
where seriously strained relations were threatened
The dispute, as usual, concerned the title to territory
was so involved
in minor technicalities as to be difficult of comprehenProbably it would
sion outside of diplomatic circles.
have attracted small notice but for two circumstances
first, the very peculiar mutual attitude of the Powers
at Pekin, near where the dispute occurred, and
east of Russia, and, as usual,
to the
—
second, the situation
of the concentration of
Africa.
of
its
England
itself
because
military resources in South
It was, indeed, the coincidence of the Tien-
553
When
the matter was actually in the
hands of arbitrators, it^was discovered, as often enough
happens, that on the general question there was little
or nothing to arbitrate.
Fortunately, the result at Tientsin has been simiiar
iN'either nation
to that at Pendjeh, fifteen years ago.
was anxious for a serious quarrel. The cause of dispute was absurdly slight, to begin with. If, moreover, the motive for quarrel had been more definite,
England had ample inducement in its South African
complications to refrain from hostilities, while Russia, with its Asiatic railway uncompleted and its finances in no very pleasant position, had good reason to
Nobody ought to have been surprised,
prefer peace.
therefore, at Thursday's announcement that the two
Powers had agreed to withdraw their soldiers from
the disputed section and submit their differences to
episode with the rejection of England's peace
terms by the Boer general Botha, and the consequent
peaceful diplomacy.
doubt over the termination of the South African war,
which gave the Chinese episode such importance as it
enjoyed. The two incidents combined were responsible for the demoralization of this week's English
markets, and particularly for the decline in consols
on Thursday morning to the lowest price since the
For a day or two, indeed, the
early weeks of 1892.
so-called war scare was used as a speculative influence
in the markets, not only for securities, but for wheat,
bearing on the larger question of the relation of the
Powers to China notably the question whether the
tsin
cotton and provisions.
Taken by itself, the Tientsin dispute was rather ab
Judged in the light of Lord
surdly exaggerated.
Lansdowne's explanation in Parliament on Thursday,
the circumstances were simply these. A plot of land
on the Pei Ho River, near Pekin, happened to be
available as a terminus of the Russian railway concession in China. Like other Chinese territory, the
ownership of this area was in doubt chiefly because
of the conflicting arrangements made by the Powers
with China. The Russians claimed the territory as
their own by right of conquest. Lord Lansdowne explains a right rather shadowy in the] present abnormal relations of the European governments with
China. The English, on the other hand, asserted
that neither by conquest nor concession could Russia
have acquired the territory, since it was already conceded to the English owners of a railway. The ques
tion, though purely one of boundary and delimitation, was deemed of sufficient importance to draw to
the spot armed troops of both nations. Thus the
danger was not so much that of a diplomatic breach
on the main dispute as of some outbreak between the
soldiers which should create a new issue.
That a harmonious adjustment was always possible
was best proved by the outcome of the much more
serious episode at Pendjeh in 1885.
The native Afghan troops, aligned that spring on the frontier ofjtheir
territory to resist Russian encroachments, were supported and advised by responsible English commanders.
The Russian advance was regarded in England and on
the Continent as an act of deliberate aggression "unprovoked aggression" Mr. Gladstone described it in
—
—
—
the House of
Commons.
It
had resulted
in the de-
struction of nine hundred soldiers of Great Britain's
Afghan
That the situation involved a legitimate
casus ielU was universally admitted throughout Enrope.
Yet Earl Granville and M. de Giers were able
ally.
The
real
significance
of the incident lies
in
its
—
Russians are or are not to retain Manchuria by way of
Curiously enough, the English newsindemnity.
papers are just
now conceding
the fact that retention
northern district by Russia is inevitable, while
in the Russo Chinese convention lately
made public, explicitly declares that he, " being de sirous to manifest his friendly feeliogs, agrees to
restore Manchuria to China," and that the " Chinese
administration shall be restored in all respects to the
status quo ante." It will be observed, however, that thia
friendly agreement is liberally conditioned on grants
While stipulating large
to the Russian railway.
concessions to Russia, this same convention provides
that in the northern provinces "China shall not grant,
without the consent of Russia, to any other Powers
or their subjects advantages relative to mines, railways or other matters;" and it further provides that
China's indemnity to Russia may be met, "in whole
or in part," by "revision of the existing agreement
relative to the railway, or by the grant of new advantages." All this makes plain enough the line of policy
which Russia is pursuing, and explains why Great
Britain, with its trade connections in China, is watching Russia with a doubtful and jealous eye.
It is, in fact, this disturbing element in the general
negotiation of the Powers with China, rather than
any casual manifestation of ill feeling, which is the
really serious part of the situation.
China, with no
little political astuteness, has simply delayed by every
possible expedient its own settlement, trusting that,
before final reckoning- day arrives, such quarrels will
have arisen among the treaty Powers as to throw
the whole negotiation into confusion. After, its
fashion, it has fenced with the diplomatic moves
of the allies
conceding what was imperatively
necessary, but reserving and qualifying what was
not extorted from it. The peremptory demands
of the Powers have been only partially acceded to.
The stipulation that certain notorious defenders in the
Boxer conspiracy should be put to death has met with
only partial consent one of the most conspicuous
culprits being still protected on the ground that he
could not be safely dealt with yet. The Court has not
returned to Pekin all negotiations have been perContradictory ordera
force conducted at a distance.
have been issued from Siam, where the Empress has
of this
the
Czar,
—
—
—
within a few weeks to adjust the dispute harmoniously, withdrawing their soldiers and placing decision taken her stand, to the Viceroys. Even the punishment
on the merits of the case in the hands of the King of of the less powerful Boxer culprits was finally forced
—
THE CHRONICLE.
554
on China,
would seem, solely by the menace of an
expedition by Count Waldersee and his German army
against the interior. Not a hint is let drop by China
as to what indemnity it is willinsj to pay for last yearns
outrages on foreigners, and how it proposes to
pay it.
In the face of such a situation, with jealousy in the
allied camp and a wily adversary to reckon with, harmony among the treaty Powers, at least upon the surIf nothing
face, is indispensable to any settlement.
to
the
settlement
Anglo-Russian
else had brought a
dispute at Tientsin the position of things in Pekin
itself ought to have done so, and probably would
have done so. We do not undertake to predict the
outcome of the Chinese negotiations; it is doubtful
if the most experienced statesman would venture to
predict it. The single obvious fact is, that no equitable settlement is possible unless all Europe and Japan
agree on what is to be required, and stand unitedly on
The strongest reason for hoping
their joint demand.
that they will do so lies in the diplomatic chaos lying
before the Powers in case the concert is abandoned
and each nation starts to snatch for itself what it
wants of dismembered China.
it
management
care
[Vol. LXXII.
of the great property entrusted
—a policy which, though
to his
has not as yet been
easy to see, wisely
conceived and well adapted to the requirements of the
it
carried to a final conclusion, was,
it is
situation.
In Manhattan Borough the local transportation
problem, difficult though it be, is in some respects
much simpler than that in Brooklyn. On Manhattan
Island the line of travel is north and south along a
narrow groove. In the borough on the other side of
the East River the lines of travel radiate in all directions.
This
considered an advantage,
disadvantages. The disadvantage
lies in the fact that under such an environment a
given amount of accommodation and facilities must
but
it "also
be divided
is
has
ordinarily
its
up among the
several lines instead of being
concentrated over one or two of them. Where such
concentration fis possible, there is necessarily more
crowding, but there is also the concomitant of
more frequent service, which after all is what the
public most wants.
In Brooklyn the complaint has
been of inadequate service. This has often been
attributed to undue attempts at economy.
In reality
it was one of the difficulties inherent in tha problem.
BROOKLYN RAPID TRANSIT AND
Consider for a moment the conditions that have
confronted the Brooklyn Rapid Transit Company and
The retirement of Mr. Rossiter as President of the its management during the last five years. Observe
Brooklyn Rapid Transit Co. illustrates some of the in the first place that the Rapid Transit system is an
difficulties attending the problem of providing satis- aggregation of a large number of separate properties,
factory transit facilities for the people' of a large city. which were acquired, one after another, with great
MR. ROSSITER.
Brooklyn is no longer 'a separate political entity, it
now forming part of the Greater New York or City of
New York, but it nevertheless constitutes a'distinct
community. The transit needs of this community
have been increased, not lessened, by its political as
similation with the old City of New York, which
since consolidation has been legally known as Manhattan Borough. It fell upon the Brooklyn Rapid Transit
Company, as the concern which controls alljthe lines in
Brooklyn with the single exception of those comprised in the Coney Island & Brooklyn system, to
provide for these needs.
nately proved inadequate in
Such provision unfortu-
many
respects.
As
a
rapidity.
The Rapid Transit Company has had
a
life
of only five years, it
having been organized in January
At the time of its organization it comprised
1896.
simply the lines of the Brooklyn City Railroad. The
dominant spirits in the control of the property, headed
by ex- Gov. Flower, had large plans in view however
plans which contemplated nothing less than the absorption of all the surface and elevated lines in Kings
County. In pursuance of this purpose, the Nassau
Electric, the Brooklyn Queens County & Suburban,
the Kings County Elevated, the Brooklyn Union Elevated, the Prospect Park & Coney Island, and a number of other roads, were made part of the Rapid
The statement which we give in our
Stkeet
Railway
Supplement shows that at the
isfaction has found expression in the cars, in the
streets, in the press, and at public meetings.
Some present time the system comprises no less than 522
growling must always be expected, no matter whether miles of track. As already noted, it now includes all
there is basis for discontent or not. In this instance, the lines in Brooklyn, save only those of the Coney
however, the manifestations of ill-humor have been Island & Brooklyn, which aggregate about 50 miles.
deep and widespread. Mr. Rossiter as the chief execuMost of these properties were bankrupt when active has been held responsible for all defects and quired, and all of them were in poor physical condidrawbacks, and the public] has'vented its displeasure tion. The Rapid Transit Company itself represented
chiefly upon him.
merely the effort of the stockholders of the old Long
Now that Mr. Rossiter is to disappear from the Island Traction Company (to which the Transit Comscene, it seems pertinent and desirable to pause for a pany was successor) to effect a financial reorganization
moment and see whether the condemnation visited of their property. To that end they paid an assessment
upon him by the great mass of the community has of $10 00 per share, and consented to the cutting of
been deserved. We are of the few who think that the old stock holdings down one- half. Thus there
Mr. Rossiter had an unusually difficult task before was a three-fold problem involved in the management
him, and made great strides towards its accomplish- of this large aggregate of mileage; (1) the problem of
ment. Like most persons of marked individuality, he financial reconstruction; (2) the problem of physical
is possessed of a very aggressive personality, and be- reconstruction, and (3) the problem of operating the
cause of this he has often excited antagonism where lines so as to meet the needs of the public for adeif he had been less assertive his pathway would have quate transit service.
But this is a trait or characteristic
While these questions had to be worked out, anbeen easier.
which need be recalled only because it has served on oc- other element was coming in tending greatly to comcasions to. intensify criticism of his acts.
It has no plicate the matter and to render a solution more
bearing upon the policy or methods pursued in the difficult. We have reference to the great increase in
consequence,
much complaint
resulted.
The
dissat-
Transit system.
March
33, 1901.]
THE CHEONIOLB.
population which has been going on. The number of
persons living across the river kept increasing even
before the consolidation, but since then it has been
expanding at an accelerating pace. The eHort to
provide for the growing population is reflected in the
provision being made for additional bridges and for the
building of tunnels. The running of cars across the
Brooklyn bridge seems so easy and natural now, that
most persons have doubtless forgotten that it was not
until February 1898 (three years ago) that permission
was first obtained for cars to cross the bridge. The U.
S. Census recently taken shows that last year Brooklyn
had a population of 1,166,882, as against only 806,343
If we go back to 1880, we find that numbers
in 1890.
then were only 566,653. Hence in the two decades
population more than doubled.
Here, then, is where the trouble came in. Farthermore, it should be remembered that while the Brook
lyn Rapid Transit system geographically spreads out in
various directions, all the lines converge at the bridge,
where, as a consequence, there is constant and great
congestion. One may admit defects in the service, and
yet it must be obvious that no such growth in population as has marked the course of the past few years
could have occurred if the service had been seriously
bad. The difficulty that had to be contended with,
however, is sufficiently plain from what has been said.
The added requirements for transit facilities defeated
565
RUSSIA AS A FINANCIAL
FAR EAST,
St.
POWER IN THE
*
Petersburg, February 27th,
1901.
for quite a number of years in the
venture to say that there are a great
Having resided
United States,
I
many
analogies between these two countries and nations, audacious as this may sound
the American stan d-
—
ing for the civilization of the West, the Russian for that
first, the geographical position and the
of the East
:
extension, which in both cases stretches
from the sub-
tropical zone to the polar region.
As
far as the people
concerned, with both joa
the hospitality, the goodheartedness and the
tenacity, with the one difference, however, that the
is
find
Moscovite is moving a good deal "slower" than
the born and bred Yankee boy; which of the two
methods
is
'*surer"
we must leave
to other generations
to decide.
As
far as the events in the East,
i. «., the Chinese
think that the Moscovite is
well fitted to take the necessary steps towards bringing civilization to the teeming millions of the East.
I might even go so far as to say that he is better fitted
than the other nations contending for first place
in China.
Through his own past and through his
continuous march Eastward in Asia during the past
one to two hundred years, the Moscovite has always
the efforts to relieve the pressure.
been in touch with the nations of the East, knows
Mr. Rossiter undertook a solution along broad lines. their strong and weak points, and will thus best be
His plan has been to devote the elevated roads to the able, especially through his patient methods, to
use of long distance or through travel, leaving the infuse civilization in quarters where it so far has
surface lines for the short- distance riders.
A certain been refused.
part of the through-traveling public grumbled over
And a far-reaching step has already been taken by
being compelled to climb the elevated stairs, but it is the Russians through establishing branches of the
already seen that Mr. Rossiter's ideas were correct, Rqbso- Chinese Bank in Japan, China, Korea, Manand that he has in that particular been pursuing an churia, Siberia and all over Central Asia, to the very
enlightened policy.
doors of European Russia.
We think that with the lapse of time the important In view of the general interest which now centres
services rendered by Mr. Rossiter under complex and upon China, and which for America will be enhanced
trying circumstances will be more generally recog- as further progress is made with the Xicaraguan
nized.
It will probably then become manifest that Canal, it might be interesting for your readers to
hardly any better man could have been found for the learn something more about this institution.
place.
His name will certainly long remain assoThe Rttsso- Chinese Bank was founded in January
ciated with some noteworthy features of the com
1896 with a capital of R. 9,000,000, a great part of its
pany's history. For instance, it was under his man shares being owned in France, whereas the rest of
agement that elevated and surface cars were .first run the capital was paid in by Russian capitalists. The
across the bridge, and this without the charge of the merit of its foundation belongs to the International
extra 3- cent fare which previously had to be paid; Commercial Bank of this city, which did quite a
problem,
is
concerned,
I
was under his management that the system of master-stroke in inducing the Chinese Government to
become a limited partner in the concern with
Brooklyn ; it was under his management that through 5,000,000 of Couping Taels, which latter participate
elevated service to the outlying districts of Kings in the net profits in the same measure as the actual
County, without change of cars or extra fare (the capital.
trains taking the surface tracks at the termini of
The Russian Government favors this bank, as far as
the elevated lines), was inaugurated.
It was under its financial operations in the Far East are concerned,
his management, too, that the motive power onjthe as it owns a number of the bank's shares.
elevated roads was changed from steam to electricity,
Since the beginning of the Chinese troubles this
furnishing a better, a cleaner, ]a more economical, and bank has paid out considerable amounts for the armies
in every way a more satisfactory service.
Those who in the East and has opened up a number of new agenhold merit and ability in esteem will regret^that Mr. cies in Manchuria. It is even stated just now that
Rossiter could not have stayed with the company the Russo Chinese Bank has signed a contract with
somewhat longer in order to see revealed the full the Chinese Government for the concession of a railfruits of his labors.
The statement in the compli- way through Manchuria Kiachta-Peking- Port Arthur,
mentary minute adopted by the Board of Directors, which will border the desert of Schamo on its way
saying that " at no time in the company's history from Kiachta to Peking.
have the conditions necessary for complete sucAccording to the terms of the contract the bank has
cess been so favorable as they are at present," is ex- to build the road at its own expense and exploit it for
it
free transfers was extended to practically all parts of
:
actly true.
* CommuDloated by
oar Special Correspondent
ftt
SU Petersburg.
.
THE CHRONICLE.
556
own account during the
30 years. After the
expiration of this time the Chinese Grovernment has
the option to buy the railway. Should it not exercise
this option, then the Russo-Chinese Bank has the
right to exploit the road for a further 30 years, at the
its
first
some showing.
end of which period the Chinese Government would
have the right to take over the railway KiachtaPeking Port Arthur without any compensation whatsoever.
In the year 1898 the capital of the Russo-Chinese
Bank was raised to R.11,350,000, the reserve now
amounting to about R.1,770,000 The dividends paid
The
its
remem-
conditions, as will be
bered, were generally very favorable; trade was active,
rates well maintained, and the weather mild and free
from interruptions to the operations of the roads.
On the other hand, the cotton movement in the
South was smaller than a year ago, and the roads
in the spring- wheat sections had a smaller wheat
traffic, though
the Western grain movement as a
whole was heavier than in the corresponding period last year.
The improvement in earnings is
large, both in gross and net.
In the gross the in$9,405,792, or 10-77 per cent; in the net
$4,164,027, or 16-59 per cent, as will be seen by
crease
is
foundation were R.7-50 in 1897, R.IO in it is
1898, R. 15 in 1899.
In well-informed circles of our the following.
Exchange it is stated that the balance sheet for the
business year 1900 will show an approximate net
January.
since
Lxxii
rvoL.
:
about R. 2,250,000—against about R.2,000,000 for the preceding year, so that the dividend
for 1900 is estimated at R.15.
This success is the
more remarkable, as in view of the Chinese troubles
business in the Far East is rather bad, so that even
the Russo-Chinese Bank probably has had to bear a
share in the general business depression. No doubt
the handsome result is due to the able management,
the extension of Russian influence in the East, as
well as to the circumstance that the Russian Government effects all payments necessary for its Chinese
expedition through this same bank.
The shares, nominally of 125 gold roubles, equal
to 187i roubles, have been quoted as high as R. 295;
but in view of the crisis at our exchange they declined
to R.195.
Lately they have regained some of the lost
ground and are now quoted at R.232 bid. But at that
rate the demand is greater than the supply, as much
confidence is felt in the future of the bank, in view of
the fact that our *' Napoleon of Finance," A. Rothstein, is the managing director, while the board of
directors is presided over by Prince Uchtomski, a gentleman who is in close touch with the highest Govern
ment circles, and who spent considerable time in
Peking last autumn in a special mission of these same
Increase.
1901.
(134 roads.)
profit of
1900.
Per Cent
Amotmt.
$
1
Net earnings
$
96,775,072
87,369,230
9,405,792
65,894,635
60,852,870
5,211,766
10-77
8-64
80,8t0.1S7
26,716,110
4.161,037
16-59
The
reader need hardly be told that this year's additions to receipts follow very important additions in
As
other recent years.
a matter of fact, in January
1900 the improvement was of even more noteworthy
proportions than at present, reaching $12,191,793, or
and $5,691,078, or 28-59
per cent, in the net.
The annexed statement carries
the comparisons back to 1895. Since that year, it
will be observed, there has been only one January
when earnings have failed to record an increase,
namely 1897.
17-05 per cent, in the gross,
Set Barningt.
Orosi BartUngs.
Year and
Numbeir
Tear
Year
of roads.
Oiven.
Preceding.
January.
%
%
1896 (138)
48,973.190
48,0:2,915
1896
1887
1898
1899
1900
1901
(141)
56.831 .278
52,158.059
(1341
54,753,771
68,191,991
(131)
66.089.049
(120)
Increase or
Decrease.
Year
Tear
IttcreoBt or
Given.
Preceding.
Decreatt.
«
%
+900,216
+1,662,219
13.830,373
%
12.123.398
16,096,645
13,768,251
14.900,873
16,123,19«
57,012,541
-3,411,217
+8,058.608
18.128,130
14,909.312
69,286,788
64,071,185
+5,214.24;j
19,791,297
17,939,69 i
(117)
83.696,174
(181)
86,776.072
71,603,881 +12,191.798
87.369.880 +9,405.79t
25,599,845
30,860.437
19,9J8,767
26.716.410
*
+1.098.976
+2.328,294
-1.222.888
43.218.818
+1,801.605
+5.691,078
+4.164.027
circles.
In the case of the separate roads, there are, as in
previous months, some very notable gains. The losses
question of sugar export bounties is concerned, there
are not numerous, and chiefly limited to roads which
can be no doubt that between two business-like govhave suffered from some special adverse circumernments a peaceful solution can be found without reWe show
stance like the spring-wheat shortage.
sorting to the terrors of a tariff war.
below all gains and also all losses in amount of over
Serious trouble could only ensue in case our Minis$30,000.
ter of Finance should decide to discriminate against
As
far as the present
difference of opinion
on the
American cotton, and which already pays quite heavy
Customs duties. This fleecy staple represents, no
doubt, the bulk of our American importations, as
your statistics of export will show these latter figures
are to be enhanced by the quantities of American cotton bought and shipped from stock in Liverpool,
Bremen and Hamburg. Just for this reason it is
evident that the Russian consumer would have to pay
;
the
bill in
case the duty should be raised, as the do-
CHANQEB IN
Increases.
PBIM<;iPAL
Pennsylvania t
Sotrthern Paoiflo
ReadiDK
Top. & Banta Fe.
Baltimore & Ohio
A.tch.
CnilO. R. I.
& Paoiflo...
Northern Paoltio
Mo. Kans. & Texas...
Illinois Central
DnionPacitio
Southern Railway
Brie
LeU, Val. RR. & L. V. C.
Chic. Burl. &Quiney..
Louisville & Nashville
Louis
mestic production of cotton in Turkestan is not so
important as some of these good patriots make us believe; with them undoubtedly, *' the wish has been
St.
the father of the thought."
Cftioo.
& San Fran..
Wabash
8t.
Louis Southwest...
KiNa.O.Ft.8c,&Mem..
Yazoo ifc Miss. Valley.
Norfolk & Western
OMah.
Chesapeake
Central of
RAILROAD GROSS AND NET EARNINGS
FOR JANUARY.
As was foreshadowed by our
&
&
Gull..
Ohio..
Geor^a
Cniio. Mil. & 8t. Paul..
Central of New Jersey
N, Y. Ont. & Western,.
Pere Marquette
Chicago & Alton
Buff. Rooh. & Pitts. ...
GROSS
BARNINi^S IN
JANUARY.
Increases.
$989,500
870,803
794,965
695,582
447.216
371,964
342,768
341,831
308,094
291,320
281,775
261,185
245,040
224,418
220,305
205,566
204,101
Kan. City Southern..
San Ant. & Ar. Pass..
174,881
145,565
145,449
139,109
127,171
126,950
120.411
107,766
102,599
91,035
87,064
78,856
77,987
Total (representing
8av. Fla. & Western..
Nash. Ohatt. & St. L..
Burl. Ced. Rap. <fe Nor.
Ft. Worth & Uenv.
Minn. & St. Louis
C
Grand Trunk
Iowa Central
01#Ye.0in.Chic.& St.L.
Atlantic Coast Line.
.
Kan.
C.
Mem. & Biim.
N. y. Susque. &, West.
Bangor & Aroostook..
Texas Central
Ft. Worth & Rio Qr.
.
57 roads)
$77,105
71,195
68,207
65,238
65.039
63,300
63.220
58,887
52.319
49,652
47,830
41.765
37,428
36,945
32,313
30,793
$9,482,492
Decreases.
Canadian Pacific
Grand TrunK Western
Mexican Central
Paoiflo Coast
St. P.
8. St.
Minn.
&
M.
Total (representing
Sroads)
$98,055
82,732
72,320
65,837
36,078
$345,022
early preliminary state-
t Covers lines directly operated east and west of Pittsburg and Erie.
ment, the gross and net earnings of United States
The gross on Eastern lines increased $1,041,900 and the gross on
railroads for the month of January make a very hand- Western lines decreased $52,400.
..
March
:
THE CHRONICLE.
23, 1901.]
Increases.
Pennsylvania t
Southern Pacltlo
Erie
Atoh. Top. & Santa Fe.
Baltimore & Ohio
Illinois Central
Reading...
Mo. Kans. <& Texas...
Northern Pacltlo
Ohio. Mil. & St. PauL.
Union
Pacific
Cent, of
Ohio. R.
New
I.
&
.Jersey..
Pacltto..
Kansas City Southern
Louis Southwest...
Southern Railway
IxMilsviUe & Nashville
St.
& Gulf..
& Ohio.
OhocOklab.
Chesapeake
Wabash
St.
Louts
Kan.
.
& San Fran..
C. Ft. S.
& Mem.
Central of Georgia...
BafTalo Rooh. & Pitta..
NET
EARNINGS IN
Iowa Central
$659,900 Grand Trunk
FBSNCIPAL CHANGES IN
559,010
279,253
265,813
188,923
175,989
173.088
136,055
116,994
105,653
102,065
98.306
98,095
96,605
94,297
91,540
83,440
81.049
78,645
78,409
69,715
59,467
57,918
55.172
JANUARY.
$4^,653
49,639
49,3/7
48,S92
44,661
43,381
43,077
42,378
40,911
38 486
34,908
30,154
Atlantic Coast Line. .
N. Y. Ont. & Western.
Bur. Ced. Rap. <fe No..
Leh. V.RR. andL V.O.
Sav. Fla. & Western..
Norfolk & Western
San AntOD. & Ar. Pass
Denver & Rio Grande.
St. Jos.
Ft.
W.
A Grand
&
Isl'd.
Denv. City..
Total (representing 47 roads)
$4,320,918
Decreases.
Mexican Central
Grand Trunk Western
Pacific Coast
Canadian Pacific
Total (representing
4 roads)
$138,548
64,505
4y,850
43,372
557
in other fields for decreased business in some departments,
so that the total result for 1900 does not remain behind that
Number of current accounts in
of the preceding year.
Berlin was 6,585 on December 31, 1900, against 5,791 a year
ago. The number of deposit accounts in Berlin and Charlottenburg rose from 42,605 the previoiLS year to 51,62-2. The
number of all accounts kept with the bank is 76,932, as
against 64,612 the previous year, being a gain of 12,320.
The number of employes at the end of the year was 2,063,
comparing with 1,862 the previous year.
The Deutsche Bank paid in 1900 the following percentage
of the total collections of the Government in internal
revenue stamps
10*96%
For stamp on issue of new securities
6 07%
For stamp on saloi
Status of re.serves after payment of the dividend shows
the total to be M49,340,262, being 32-89 per cent of the M150,000,000 full-paid capital, as against M48.049,218 96 on Jan-
uary
1
1900.
$285,281
Covers lines ''ireotly operated east and west of Pittsburg and Erie.
on Eastern lines increased $685,700 and the net ob
Western lines decreased $25,800.
f
The net
ITEMS ABOUT BANKS. BANKERS AND TRUST CO'3
— The auction sales of bank stocks this week aggregate 800
arranged in groups, every group outside of shares. Transactions in trust company stocks reach a total
of 210 shares. No sales of either class were made at the
the Mexican records a gain in both gross and net.
Stock Exchange. Included in the above total are 137 shares
8DHMAKT BY GROUPS.
of Brooklyn banks whose stock has not recently been dealt
Qtoss Earnings.
Net Barninga.
in at public sale, and the prices realized are considerably
BBOTION OB
Ghoup.
higher than those last paid. The greatest advance is in the
1901.
190O.
1901.
1900.
Inc. or Dec.
of the Nassau National Bank, which sold this week at
stock
January.
$
t
$
P.O.
Trunk lines. (IS 23,887.530 21,641.211
7.271,0d5
6,018,811
+l,222,74ft 20-22
350j^, as against 275 in June 1899— the last previous sale.
2,I71,75f
Anthra. coaU 7; 11,589,703 lO.3l8,03f
2,63.6,907
+SB5,15i 17-73
Standard Trust Co. stock sold at 320, comparing with 250 in
When
East. & Mid. (16
Mid. West'n.iiy
Northwest 'n(l2
2,fl88,181
2,497,917
774,793
728,631
6,6:C,43H
6,157,722
2.371,880
2,194 274
11,763,659
10,8d7,17]
8,809,572
3,484,711
82!-
8,932,540
2,953,81t-
+ 48,16S
+ 177,08f
6 34
8-07
8oathwe8t'n,(2i:
North P*olflc(4
10,7^2.624
7,855,78^
7,375.591
3.030.217
2,908,3*
+321,881
+973.722
+126,831
Bouth Paciflc(9)
Southeru ...<31
Mexican
2
6,«28,135
5,77e,23!i
2,179.415
1,837,76?
+ .541,64b
1S,4S3,«85
12,060,432
4,541.98;
4,0tl,?69
+BC0,71^
12-89
1,61«,194
1,693,501
412,5'5l
617,481
-184,90fc
2464
Total.(184r'd8
96,775.07^
87,369,280
30,830,437
26,716,410
+4,164.02';
16*59
SSSl
9-3i
82-61
33 07
4-37
May
1899.
Price.
La»t Previous Sale.
Banks— i^Tew Torlt.
236J«
Mar. 1901— 240
25 American Exch Nat. Bank....
312i4
Feb. 1901— 303
150 Chatham Nat. Bank
4015
Mar. 1901—4012
1 ChemlonlNat. Bank
325i4-328i8
Mar. 1001— 320
45 Commerce, Mat. Bank of
206'4
Mar. 1901— 206
10 Fourth National Bank
135
Nov. IWOO— 1-/8H
^s
1 3 Oerm an- American B ank
156i«
Dec. 1900— 155
10 Hamilton Bank
229
Mar. 19< 1— 229ifl
200 Mechanics' Nat. Bank
190I-90i8
:Mar. 1901— 1901s
149 Merchants' Nat. Bank
Jilar. 1901
105
105
10 Ninth Nat, Bank
187ia
Mar. 1901— 190
50 Oriental Bank
Banks -Brooklyn.
28OI4
Aug. 1900^ 265
25 Cltv Bank, National
lll^a
Jan. 1901— 110
20 Kings County Bank
2051*
Oct. 1900- 190
77 Mechanics' Bank
350^
June 1899— 275
15 Nassau National Bank
BKaret.
—
REPORT OF THE DEUTSCHE BANK OF BERLIN.
of Mr. Edward D. Adams we have
with
a
of the annual report of the
favored
copy
been
Deutsche Bank for the calendar year 1900. We furnish
below translations of some of the more interesting parts of
the report.
A period of expansion of very unusual duration in almost
all fields of German commercial activity was followed in
1900, the year of this report, by a reaction.
While such a reaction had already been foreshadowed the
preceding year by the rise in money rates and the South
African happenings, it was only the sharp decline on the
American iron market which first made the quotations of
all industrial securities tumble and then caused a stop in
industrial expansion. The reaction was all the more marked
as, by reason of the ill-advised Stock Exchange legislation,
it fell on the public, withoub being counteracted by speculative covering. This state of affairs was aggravated by the
enormous increase of the stock exchange taxes, entirely
paralyzing in many instances business activity, and by the
outbreak of the Chinese complications. The ^general discouragement was greatest in September.
Events have shown that the fears have been excessive and,
in spite of the demands on the international money market
by the continuance of the Transvaal war and the Chinese
complications, an increase in available capital could be
noticed, together with the subsidence of money requirements
for industrial purposes; there is more money available for
investment purposes than for a long time. The crop was
not unsatisfactory; the foreign commerce of Germany again
shows for the past year a gain of $18,500,000 in imports and
The more favorable tendency
$52,000,000 in exports.
in America after the Presidential election also inured to
the benefit of the German market. By the sale of large
amounts of American railway securities considerable gains
accrued to Germany's national wealth, strengthening at the
same time the German balance of trade. There have been
only isolated cases of difficulties of great enterprises, as for
instance the crisis in the woolen industry, which w s not
limited to Germany. After all we find the confidence justi
fied that by intelligent adherence to a tested commercial
policy German commerce will gain new vitality at no distant time.
The aforesaid conditions are reflected in the thirty- first
report of our bank by a decline in the turnover, a decrease
in profits on securities and reports and in the shifting of
the figures of the balance sheet, showing an increase in
bills of exchange of $15,750,000 and a decrease in reports of
$19,500,000. Our total turnover was 11.374 millions, that is
about 200 millions less than the preceding year, though 1,340
Through the courtesy
million dollars more than in 1898.
But th6 broad foundation of our business enables us,
even in less favorable times, to find some compensation
Trust Companies—iV.
10 Atlantic Trust Co
25 City Trust Co
5 Colonial Trust
Co
100 Farmers' Loan & Trust Co
3 1 North American Trust Co
35 Standard TrustCo
3 Union Trust Co
1 United States Trust Co
T.
Mar. 1901—
250
370
396
Feb.
1501
Mar.
Mar.
Mar.
320
1402
1678
Jan.
270-272i2
May
Mar.
250
1901— 360
1901— 400
1901— 1500
1901— 270
1899— 250
1901— 1411
1901— 1692
— The directors
this city
of the New York County National Bank of
on Tuesday declared an extra dividend of ICO per
cent, payable March 21. The capital of the bank is |2CO,000,
and surplus and undivided profits on February 5 1901 were
$397,100. The bank paid 25 per cent in January 1901 and
also 25 per cent in July 190O, and the same amount January
Previous to January 19C0 the distribution was smaller
19C0.
two 20 per cent dividends were paid in 1899 two 10 per cent
dividends in 1898, and two 4 per cent dividends in 1897. The
bank is evidently in a prosperous condition,
—A seat on the New York Stock Exchange sold this week
for $52,000, an advance of $500 over the record price. The
purchaser was Charles D. Halsey, of Toler & Halsey. A seat
on the Baltimore Exchange was bought by R. Lancaster
Williams, of Richmond, Va., for $6,000. This was also a
$500 advance in price since a recent sale at $5,500, and according to the •' Baltimore San '* an increase in value of about
$5,900 over that of four years ago " when seats were, unsalable around $100." We can also chronicle the sale of a
seat on the Montreal Stock Exchange last week at $18,000,
;
;
which,
it is said, is
the second to be sold at that price.
expected that several of the foreign bankers and
also banks having exchange departments will solicit subscriptions in this country for the new German Imperial 3 per
cent interminable consols, amounting to 300,000,0^^0 marks,
(about $72,000,000), which will be probably offered about
April 3.
The official subscription price for the bonds is S7}i
per cent, at which the securities will yield nearly 3^2 per
cent, and as the bonds are free from tax in Germany they
—It
is
ZimForsbay will receive subscriptions for these bonds
will doubtless be regarded as a desirable
merman
&
until April
investment
2.
subscription books for the 15,000,000 marks 3^^ per
cent loan of the City of Frankfort, Germany, were opened by
—The
THE CHKONICLE.
558
[Vol. LXXII,
Speyer & Co. on Monday, and they were immediately closed,
the whole amount having been subscribed for.
sixteen branches, including spelling, penmanship, grammar,
composition, correspondence, shorthand, typewriting, com-
Governors of the New York Stock Exchange have
decided to close the Board on Saturday, April 37, in order to
facilitate the arrangements for removal to the Produce Exchange, where business will begin on the following Monday.
—A circular from the Internal Revenue Bureau announces
that all documentary and proprietary revenue stamps remaining in the hands of purchasers on and after July 1 will
be redeemed by the Government under the provisions of the
Act of May 12 last year, which provides for redemptions of
unused stampa. Such revenue stamps should be presented
by the owners thereof to the Collector of Internal Revenue
from whom they were purchased, who will supply the necessary blanks and instructions for the preparation of the claim
for refund. It is probable that arrangements will be made
for the redemption of imprinted documentary stamps without requiring the destruction of the checks or drafts upon
mercial geography, commercial law, bank arithmetic and
bank bookkeeping, practical banking, and practical finance.
which they are
Feb. 5 1901... f 1,500,000
Feb. 13 1900... 1,500,000
Feb. 4 1899... 1,500,000
Feb. 18 1898... 1,500,000
Mar. 9 1897... 1.500,000
Feb. 28 1896... 1,500,000
Mar. 6 1895... 1,500,000
Feb. 28 1894... 1,500.000
Mar. 6 1893... 1,500,000
Mar. 1 1892... 1,500,000
Feb. 26 1891... 1,500,000
Feb. 28 1890... 1,500,000
Feb. 26 1889... 1,500,000
Feb. 14 1888... 1,500,000
Mar. 4 1887... 1,500,000
—The
Headquarters have been established in this city at 25 Pine
Street under the;management of A. O. Kittredge, Secretary
of the institute. James G. Cannon is the Treasurer and
William C. Comwell, of Buffalo, is President.
—The growth
of the Philadelphia banking institutions has
been attracting considerable attention. The Fourth
Street National Bank of Philadelphia is one of the banks
whose record in this respect is very noteworthy. The matter is brought to mind by the appearance of the bank's latest
statement card in which its progress is depicted in much the
same way that we have summarized the record of a number
latterly
of other institutions in various parts of the country.
produce herewith the statement referred
Surplus <6
Fourth St. Nat.
Bank, Phila.
printed.
—The combined funds of gold in the custody of the United
States Treasurer on Thursday amounted to $494,648,505, the
largest sum ever accumulated under Government control in
the history of the country.
—
Capital.
We re-
to.
Net Profits.
Deposits.
$2,032,676
1,693,908
1,295,039
1,212,362
1,185,578
1,175,029
1.148,175
1,094,410
970,228
815,116
626,226
406,019
224,816
180,752
61,914
$31,560,922
26,226,600
22,522,245
16,613,825
11,517,113
9.255,491
9.177.978
9,231,340
10,143,970
10,793,223
7,253,785
6,333,704
5,521,128
3,966,478
2,257,682
Total
Resources.
$36,173,596
30,089.459
25,992.235
20.001,188
15,049,962
12,768,390
12,685,653
12,726,751
13,504,749
13,882,340
9,424,111
8,334,753
7,290,294
5,642,231
3,864,597
An oflSsial statement prepared under the direction of the
Comptroller of the Currency shows the operation of the
national banking system under the Act of March 14 1900 to
March 13 1901. The number of national bankslincreased 433 in
this interval and the authorized capital rose from $616,308,095
to 1639,226,695, a gain of $22,918,600. The number of new
banks actually organized with a capital of less than $50,000
was 333, with a gross capital of $8,747,000. New banks with
The foregoing covers the entire period since the organizaa capital of $50,000 or over numbered 144, and the combined tion of the bank in 1887. While the story is one of concapital was $15,075,000. The .total of new banks of both
tinued progress, it will be noticed that it has been during
classes was, therefore, 476, and the aggregate capital was
the more recent years that the bank's advance has been par$23,822,000. The difference between these totals and those
ticularly striking. As late as 1896 aggregate deposits were
showing the net increase in number and capital^as above is only about
9}^ million dollars; now the total is over 313^ mildue to the failure, liquidation or consolidations of a few old lions. In the same interval aggregate resources have risen
banks during the year. The approved applications for banks
from 123-4 millions to over 36 millions— $36,173,596. Another
with a capital of less than $50,000 were 503, involving a capifeature in the bank's history is the way in which the total
talization of $12,940,000, while the approved applications for
of the surplus and undivided profits has been increased.
banks with larger capital were 181, involving a capitaliza- During the last two years alone the addition to such accumution of §22,240,000. The net increase in bond-secured circulations of profits has been almost three-quarters of a million
lation during the year was $103,241,763.
dollars, the total of this item now exceeding by $532,676 the
The measures which recently passed the New York leg- amount of the bank's capital. In other words, with $1,500,islature, imposing a tax upon savings banks and] insurance 000 capital the aggregate of surplus and undivided profits
companies, have been signed by the Governor. The law re- now foots up $2,032,676. Three years ago the shares were
lating to savings banks provides that they shall pay an quoted in the market at 145; this week 225 has been bid for
annual tax of 1 per cent on the par value of their surplus and them.
undivided earnings. Each bank is required to report to the
At a meeting of the directors of the Guardian Trust & DeState Comptroller, ou or before August 1 each year, the par posit Company of Baltimore this week, it was agreed to acvalue of its surplus and undivided earnings at the close.of cept an offer of consolidation from the Maryland Trust
—
—
business on June 30 preceding.
The new insurance tax law imposes an] annual tax on
New York State insurance companies equal to 1 per cent on
the gross amount of premiums received during the preceding
calendar year for business done in this State, whether such
premiums were
in the
tutes for money.
form
of
money, notes or other
Company and
recommend the plan
to the stockholders.
The plan provides for an exchange of stock on the basis of
one share of Maryland for two shares of Guardian. It seems
to
&
substi-
— Governor Odell on Thursday signed
the bill of Senator
a tax of 1 per cent on the capital stock, surplus and undivided profits of trust companies. The bill was
amended so as to exempt owners and holders of stock from
taxation upon euch stock as personal property.
Krum imposing
Co. of Baltimore are also seeking
that Messrs. Hambleton
control of the Guardian Company. An advertisement in the
"Baltimore Sun" by this firm requests stockholders not to
commit themselves to the offer of the Maryland Trust Co.,
as Hambleton & Co, expect to be authorized to offer a better
than the terms of the proposed deal would net.
Maryland Trust Co. is $1,500,000 and the
surplus, according to its last report, was $1,932,734. The
same items for the Guardian Trust & Deposit Co. were $1,
—The Lawyers' Title Insurance Company on Saturday last 350,000 and $367,769 respectively. John S. Blake is Presifiled with the Secretary of State a certificate of an increase dent of the Guardian and J. Willcox Brown fills the same
in the capital stock from $1,0C0,000 to $2,000,000. The new ofiice in the Maryland Trust C j.
stock is to be sold at not less than $174 per share of the par
A Stock Exchange has been organized in the city of Devalue of $100, and 30 per cent of the $1,000,000 additional troit, Mich., with a charter membership of 35. The initiastock shall be offered to stockholders at that rate. The re- tion fee is to be $500; the annual dues have not yet been demaining 70 per cent is to be disposed of at the same price by cided on. The Exchange will be managed by a board of govthis company to a syndicate representing the Central Realty ernors, consisting of six active and three inactive members,
Bond & Trust Company, the Equitable Life Assurance who will elect from their number a President, Vice-PresiSociety, James Stillman, and others.
dent and Treasurer. The temporary Chairman for purposes
As the outgrowth of a movement by the Committee on of organization is Strathearn Hendrie and A. B. Thomas is
Education of the American Bankers' Association for the edu temporary Secretary.
er.sh price
The
capital of the
—
—
•
cation of bank clerks, for which an appropriation of $10,000
—The Western State Bank of Chicago, capital $300,000, has
was made by the Association at its annual convention in absorbed the Produce Exchange Bank, a small private instiOctober last year, the correspondence and local chapter plan tution organized in 1899. The capital stock of the Western
for such teaching has been adopted. Instruction is given in State Bank will probably be increased to $500,000. Charles
Mabch
THE CHRONICLR
23, 1901.]
569
Commerce. The absorbed bank was organized in 18S4 and
had a capital of $50,000. The National Bank of Commerce is
—The new building of the Chicago National Bank is to be capitalized at $1,000,000 and its executive force consists of
decorated in part with a series of historical mural paintings W. S. Woods, President; C. H. Winants, Vice President; W.
in oil, some of which have been completed by the artist, L. C. A. Rule, Cashier, and C. H. Moore, Assistant Cashier.
L. Johnson
Cashier.
is
President of the bank and Lawrence Nelson
is
Earle, of Montclair, N. J. The series includes sixteen different studies, and v^^ill present in a pictorial form the history
of Chicago's
growth from the times
of
Father Marquette in
the seventeenth century to the opening of the new century.
The pictures will surround the main banking room and will
form lunettes to cap the great panels of marble that form the
walls of the new bank.
—The new Bankers' National Bank of Cleveland, which
expects to open for business about May 15, is to have a capital
stock of 1500,000. It is to be offered at 120, thus creating a
Burplus of $100,000 to commence business with. The President of the new institution, Luther Allen, was formerly
Treasurer of the Society for Savings of Cleveland, and
Joseph R. Krans, the Cashier, held the same position in the
American Exchange National of Cleveland from its organization in 1897. Previous to that time Mr. Kraus was
connected for 15 years with the State National of Cleveland.
full list of the directors of the bank was given in these
A
columns on February
16.
—A new
State bank has been organized in Montgomery,
as the Union Trust
Savings Company,
The capital will be
&
Lyman, bankers and
firm of Demary, Heintz
brokers, with oflBces in the Ellicott Building, Buffalo, has
during the past week been dissolved. Mr. J, R. Heintz will
in future conduct the business personally.
—
On March 11th last the Buffalo Savings Bank opened for
business in their handsome new building, which is conceded
and
the State. Especiai
mention may be made of their safe. This was constructed
for the institution by the Carnegie Company, Pittsburg. It
is
is
finest in
composed of armored steel plates, under new patents, and
the second one which has been turned out.
—
The directors of the National Hide & Leather Bank of
Boston at a meeting on March 15 voted unanimously in favor
recommending a reduction in the capital stock of the
bank from $1,500,000 to $1,000,000.
President Ripley is
of
sending out letters apprising shareholders of the fact.
—A
lotte,
new trust company has been incorporated in CharN. C, with a capital of $250,000 and the privilege of
stock to $1,000,000.
Among the incorporators
are H. H. Smith, General Passenger Agent of the Long Island RR.; A. B. Bierck, Auditor of the same road; E. B.
Springs, of Charlotte, and F. G, Stacy, Presidentjof the National Bank of Qaflfney, S. C, The name of the new company is to be the Southern States Trust Company.
Increasing
and the formation
of the
company
— Between December 13
and February 5 (the dates of the
Comptroller
of the Currency) the Merthe
last
Bank
of
Chicago
added
over a million dollars
chants' National
to its line of deposits, and the total of these deposits now
exceeds 153^ million dollars. Like so many of the other of
Chicago's progressive institutions, the Merchants' National
has been steadily enlarging its business in recent years, almost
every return under the Comptroller's call showing a new high
record. We have prepared the following statement from the
bank's various returns to indicate the advance made by the
two
calls of
institution.
Merchants' Nat.
Bank, Chic.
5 1901.
Feb.
Deo. 13 1900....
Sept 5 1900....
June 29 1900....
Apr. 26 1900...
Feb. 13 1900...
Deo. '2 1899....
Sept 7 1899....
June 30 1899...
Apr. 5 1899....
Feb.
4 1899....
Deo.
1 1898....
Sept 21 1898...
July 14 1898...
May 5 1898...
Feb. 18 1898...
Deo. 15 1897...
Oct 5 1897...
July 23 1897...
May 14 1897...
Mar. 9 1897...
Dec. 17 1896...
Sept 28 1895...
.
.
.
to be one of the largest
$100,000,
has so far progressed that business is expected to begin in a
few weeks. Mr. Michael Cody has been chosea President;
Joseph Norwood Vice President and J. S. Willcox Secretary.
.
—The
&
known
Ala., to be
its
it
Surplus
Oapilal.
<e
Pro/tls.
$1,000,000 $1,763,061
l.OOO.COO 1,787,703
1,000,000 1,785,045
l.Ono.OOO 1,832,408
1.000,000 1,829,203
1,000,000 1,757,294
1,000,000 1,778,688
1,000,000 1,706,402
1,000,000 1,703,711
1,000,000 1,709,577
1,000,000 1,680,013
1,000,000 1,707,593
1,000,000 1,649,853
1,000,000 1,647,360
1,000,000 1.656,921
1,000,000 1,598,389
l.OOO.COO 1,648,804
1.000.000 1.620,207
1.000,000 1,583.469
1,000,000 1.604,882
1,000,000 1,598.658
1,000,000 1,626,711
500,000 1,991.667
Gross
Price.
ReKmrces.
$18,299,448
17,308,888
17,015,335
16,019,265
15,275,892
15,890,038
16.036,870
16,173.025
16,074,155
16,632,209
16,765,595
15,688,504
14,410.649
15.278,980
16,297.615
17,503,595
15,781.397
15,380,163
14,524,001
14.114,299
13,600,927
11.232,306
10,219,319
Deposits.
$15,536,385
14,521,162
14,230,288
13,186,853
12.446,636
13,132,738
13.257,179
13,466.619
13.370,440
13,922,629
14,085,579
12,978,910
11.760,792
12,631,617
13,640,692
14,905,^01
13.132,590
12,759.953
11,910.530
11,509,415
11,002,266
8,605,591
7,727,661
Bid
880
875
300
300
300
300
300
300
SOO
290
275
275
265
265
265
265
265
265
265
265
250
250
500
In the five and a-half years since Sept. 1895 gross deposits,
will be noticed, have more than doubled, rising from $7,-
Aggregate resources now stand at
against
$'.8,299,448,
$10,219,319 at the earlier date. Another
fact should not escape notice, namely, the decided appreciation that has taken place in the market value of the shares.
Less than six months ago only 300 was bid for the stock;
—The Commonwealth Trust Company has been organized now 3S0 is bid, and the shares are held at 410. The price is
in St. Louis, Mo,, to conduct a general trust company busi.
rapidly getting back to the figure reached in 1895, before the
ness.
Temporary quarters have been secured and operations doubling of the stock (from
$500,000 to $1,000,000) and the
are expected to begin April 15. A capital of $3,0;jO,000 has
distribution of surplus. The shares then commanded 500.
been authorized, consisting of 30,000 shares, at $100 each. When the
stock was increased the price was cut in two, the
Ten thousand of the shares are full paid. Asjthe price of the new quotation being 250. Since then there has been an unstock has been fixed at $215, a capital of $1,000,000, a surplus
interrupted advance, slow at first but lately at an acceleratfund of $1,000,000 and a reserve of $150,000 will be secured. ing pace. The item
of surplus and profits is also, it will be
Many prominent St. Louis men are interested in the new observed, by degrees being expanded, and is gradually apcompany, among thorn being Charles H. Turner, President proaching the figure
reached before the enlargement of the
of the St. Louis & Suburban Railway, who will also be
stock. The Merchants' National is under the management
President of the trust company; Mr. Lawrence B. Pierce, of
Chauncey J. Blair, President; Frederick W. Crosby, Vicewho will hold one of the positions of Vice President; Mr. President; Henry A. Blair, Second Vice President; John C.
Joseph M. Hayes, First Vice-President of the Continental Neely, Cashier,
and Edwin H. Gamble, Assistant Cashier.
National Bank of St. Louis; Mr. C. G. Warner, Second VicePresident of the Missouri Pacific, Railway and a director in
the National Bank of Commerce, St, Louis; Samuel M. KtnQ8 1001.
nard, director in the Mississippi Valley ^Trust Company and
The following statements of the public debt and Treasury
the American Eschange^Bank, St. Louis; S. M. Dodd, di- cash holdings of the United States are made up from official
rector in the National Bink of Commerce, St. Louis; Lewis figures issued Febrnary 28. 1901. For statevient of Jan. i\.,
B. Tebbetts, director in the Continental National Bank, St. 1901. see Chronicle FCb. 23. 1901, pjye 308; that o^ Feb. 2S,
1900, see Mch. 24 1900, page 565.
Louis; George O. Carpenter Jr., director in the National
INTEREST BEARING DEBT KEBRUARV 88 1901.
Bank of Commerce and the St. Louis Safe Doposit & Savings
am.'i.nf OuMfandinfl,
Amount
JnteTt>t
Total.
Coupon.
Htlt of Loan—
Registfrtd.
pauable.
issued.
Bank of St. Louis; James Green, director in the Mechanics'
7^7,651 to $15,536,335.
•
DEBT STATEMENT FEBRUARY
Bank, St. Louis; Otto F.
89lla and R. B. Dula.
2».
8«,
4»,
National Bank of Commerce of Kansas City has
absorbed the Bank of Grand Avenue, of the same city.
Mr. H. C. Lambert, the former President of the latter bank,
*s.
Michael,
J.
18.
—The
and Gustave Kesting, Assistant Cashier, will be connected.
it is stated, with the management of the National Bank of
Consols of 1P83
Q.— J. 416,940,750 428.772.000
Loau of 1908-1918.. Q.—K. 19H,7 92.(540 4H,lf7 6a0
FuDded loan. 1907. .y.— J. 740.92 ',^00 ai6,0l4.4i0
Refund'gcertlUc's.Q.— J. 40,012,750
Loan of 1926
••.Loan of 1904
y.— F.
Q.— F.
16l'.316.400
100.000,000
t
•
t
W.
Kin-
Stifel, Elias
182.354 .Of
12,020.460
17.10t*,750
5;t,7«.'','8.->
44.-,P4
.750
v-h.9U.M0
64,844 ,tkO
270.SAy.S50
SP.P61..'?vi
162.S15.4C0
10.»17.»iO
S-J.wSS.ti'O
s.?.5:o
Bearing Debt.l,eS7.»S8.340 ^25,828.610 lT0.iaS.830 l.Ov 1500,410
(re(ri."ter«d
NOTl.— The denominations of bonds are as follows: Two peroenti
_.
. ., .*
)inlT. $50, flO I. $S00,f 1.000. 16,000, $10.lKK).|20.0(.X1.»50.i>o<: 4s of 1»07. ro^i»jO.(i«0,
coupon.
|100_
Itered, »60, $loO, »500, fl.OOO, J5.000, flO.OOO. »JO.0Oi>.
1600. $1,000; 41. refunding certificates. $10; 6s of 1904. re«l»«ero<l. »-r2- Ji^
11.000, $10,000, coupon, $60, $100, $1,000; 4s of 1926 registered, too, $100. $60»
AKK'teIn:
THE CHRONICLE.
560
FOBBION TSADB MOVEMENT OF THB UNITED STATES.
f IjPOO, 15.000, JIO.OOO, coupon, t50, $100, $500. $1,000: 38 of 1908-1918 registered.
•*2x*^'"'' *°''"' *1.000, $5,000, $10,000, coupon, $20. $100, $5(!0.$1.000; 2sof 1900''^''' *^°'
^^'^' *^'*""'' *S'000. $10,000. $60 000, coupon. $60. $100,
000
If
DEBT ON WHICH INTKRKST HAS CEASED SINCE MATURITY.
[Vol. LXXII.
[In the following tables three oipheri(OOOs) are In all oases omitted.]
•600
Jan. 81.
a.„„,„^.Loan of.,„„
runded
1891. coutinued at
2 per cent, called
1900;
Interest ceased
Tor redemption
May
AuBUstl8,1900
18,
P^Jeu Loan of 1891. matured
»»ia
J^-eb.
$685,150 00
71,560 00
1,073,990 26
$877.65000
September
2 1891..
71,650 00
'61 1,078,990 28
debt matured priorand subsequent to Jan.l
Debt on which Interest has ceased
$2,023,180 26
uonds issued to Pacific railroads matured but not vet presented Union Pacific, $12,000 Kansas Pacific. 81.000; total.
:
28.
$1,830,690 26
$13,000 00
;
DEBT BEARING NO INTEREST.
United States notes
Old demand notes
Wationiil bank notes— Redemption account
Fractional currency
liess amount estimated as lost or destroyed
$346,681,01600
63.847 60
28,991.227 00
$15,25S,P96 41
6,877.462 41
.$382,603.662 91
RECAPITULATION.
Feb. ZS, 1901.
$
Intercst-bearinRdebt
1.001,f00,410 00
Debt, interest ceased
1,830,000 26
Debt bearing no interest... 882,603,652 91
ni^
2^
^,
Classiflcatinn
..
of
r, V.
Debt—
Inc. or Dec
$
150 CO
1.001 .500,2(i0 00 Inc..
2,(23.190 26 Dec.
1P2,5D0 00
384,085,400 91 Dec. 1,481,848 CO
Jan.
Total gross debt
1.885,934,663 17
in Treasury*. 298,916,149 33
l,?87,(;08.851 17
298.012,973 08
Dec. 1.674,198 CO
Inc . 5.902,176 25
To tal net debt
1,094,695,878 09
Dec. 7,676,374 25
Cash balance
•
31, 1901.
$
1.087,019,50,3
84
STATUS MARCH
Name of Road.
1901.
1.
Principal.
Central Branch Union Pacific
Sioux City & Pacific
Total
555,253+364,220
1,559
8,221
418
January
February.,.
19,479
30,044
32,853
12.602
10,880
17,068
5.691
1.404
1,982
-5.666
-4.666
+3,699
1.9U
—507
4.286
1,880
+2,656
-29,oe6
+3.9E5
—1,412
56.219
-23.S;86
24.921
31,851
-6,930
+5.830
+8,770
11.619
14.723
+2,601
+3,331
+6.608
+2,425
+2,112
+14,471
5,824
Silver and Sliver In Ore.
July-Sept..
Oct.-Dec...
January....
17,182
18.719
February..
+ Excess of
We
11,302
4.5f=0
9.949
3,190
2,e30
+1,7.'50
4.599
4.953
8,288
8,120
2,174
2.841
45.222
27,271
+17,961
35,894
21,423
4,791
Total
Excess of Imports.
exports.
subjoin the totals for merchandise, gold and
months since July 1 for six years.
silver for the eight
Merchandise.
Gold.
Eight
Excess
ExMob. Exports. Imports.
of
Exports ports.
Imports.
Silver.
Excess
of
Export t
$
$
$
$
56.21S) •33,88P
6.930
31.851
77,108 64,81f
40.460 •27,681
80,560 64,499
61.4788'.*,18l 29.787 52,294
95-96 602.f67 '341.195
Ex-
Im-
ports.
ports.
Excess
of
Ex-
ports.
~~$"~
$""
$'
00-01 1.016.186 522.960 492226 32.3?3
99-00 919,47.^ 555,2f3 364220 24.921
98-99 843,438 427,202 416231 12,292
97-98 813,2851393,691 419594 12,869
96-97 734,998 422,615 312483116,061
$
45,222
35,894
38.89n
38,66P
42.673
40,P68
27,27! 17,961
21 .42f 14.471
20.794 18,106
22.f5e 15,913
22,071
19.275 21,391
20,eOi;
Excess of Imports.
months
Similar totals for the two
Two
$3,228,820 00
$4,689,989 08
$7,928.309 08
Mos.
Exports. Imports
Excesi
of
$
January
SILVER.
GOLD.
Export
$
since
exhibit.
Mbbohandiss.
Treasury Cash and Demand Liabilities.— The cash holdings of the Government as the items stood Feb. 38 we take
from the Treasury statement of that date. The net cash 1901
t
Excesi
Ex.
ports
t
ports. Export;
t
249,272 133.2S9 116048 8,639 6,098
1900. 237,024 144,731 92,283 7,096 3,903
1899. 209,42>- 118,498 90,930 2,328 11,641
15S9S. 203,344 103,902 99,442 3,6S8 12.855
795 1.773
1897 173.773 110,6fll 63,182
1896. 164,672 131,126 33,546 13,762 22.206
* Excess of Imports.
$
2,648
3.192
»9,818
8.967
•97e
Exports.
1
9.371
9,552
9,700
S,C62
8,881
9,444 10,390
Imports
Excess
of Exforts.
$
6,020
5.015
4,556
4,621
5,116
5,262
$
3,361
4,687
5,144
3,441
3.765
5.098
.$27'3.040,9'9 00
silver dollars
Silver dollars of 1830.
Silver bullion of I8I1O.
United States notes..
.
.
General fundGold coin and bullion
Gold certificates
In these tables of totals, gold and silver in ore for
years are given under the heads respectively of gold
427.854,C00 00
2,166,274 00
63.790,786 00
710,000 00
all
'
780,561,989 00
18,492,26000
11,370,949 00
8,389, leti 13
United States notes
Treasury notes of 1890
Currency certificates
National banknotes
00
00
710,000 OJ
10,062,24*00
7,230 5E0 12
159 73
532,955 07
11,25*',294
70,71180
$131,439,077 06
91,515.697 84
6,282,264 80
97,827,982 64
229,267,039 70
1.139.829.028 70
certificates
$276.040,f 89 00
447,854,000 00
Silver certificates
Currency certificates
Treasury notes of 1890
710 000 CO
00
55,t57',OO0
National bank 5 per cent fund
Outstanding checksand drafts....
Disbursing officers' balances
Post Office Department account..
Miscellaneous items
$760,561,989 00
13,3'<9,78S 98
4,a40,30,S :<2
62.8.35,0f'6
78
7,12j,«16 51
2,411 201 78
80,351,890 87
$840,913,879 37
•;-••,
?S'^rjKi^""^Available
cash balance
•
for
BX0ES8 OF MERCHANDISE IMPORTS OB EXPOBTS.
28—
2 months ending Feb. 28Exports. $7,035,155 1875
Experts. $4,802,668
Exports. ft2,742,971 1876
Exports. 23,163,273
Export8.156,531,197 1877
Exports. 43,275,516
Export8.169,025,994 1878
Exports. 67,066,295
8 months ending Feb.
99,07.')
Fractional silver coin
Fractional currency..
Minor coin
Bonds and interest paid, awaiting reimbursement
silver.
each year back to 1875.
5,61331000
In national bank depositaries—
To credit of Treasurer of the
United States
To credit of United States disbursing officers
and
The following shows the merchandise balance
$6?,65",814 21
Silver certificates
Silver dollars
Sliver bullion
Gold
919.478
22,185
Total due V.S'
$3,743,638 86
4,184,672 23
.$160,000,000 00
%
522,960+492.226
Oct.-Dec...
Interest.
$2,143,686 85
2,556,362 23
Reserve fundGold coin and bullion
Trust fundsGold coin
Bxettt.
1,015,185
make the following
balance and the reserve fund of $150,000,000 have both been
deducted above in reaching the net debt.
CASH IN THE TREASURY.
$
197,468+112.001
213,064+159,926
75,897 +41.700
68,884 +50.693
July-Sept...
1,628,32000
*1,600,COO 00
$
Gold and Gold In Ore.
Including $150,000,000 reserve fund.
Pacific Railroad Debt.—At present the only bonds not
paid or in some manner settled by the companies are the
Central Branch Union Pacific and the Sioux City & Pacific.
We consequently omit the others from our table. Any
reader desiring the details with reference to all the issues
will find the facts in the Debt Statements for March 31 1900
and previous dates.
UNLIQUIDATED BONDS ISSUED TO PACIFIC RAILROADS-THEIR
laaia
Importt.
$
«
309.459
372.990
117.597
119.427
February...
The foregoing
figures show a gross debt on Feb. 28, 1901,
(Interest-bearing and non-interest- bearing) of $1 ,385,934,653 17
and a net debt (gross debt less net cash in the Treasury) of
11,087,019,503 8-1.
Exports.
185.049 -f 134,888
204,682 -t-241.2P9
69,302 -f67,023
63,927 +49,020
January
Total
1899-19C0
EXCiU.
319,982
445,981
130,325
112,047
July-Sept...
Oct.-Dec....
Total
8.375,934 00
Asgregate of debt beariner no Interest
-1900-1901.
Importt
Exports.
Merch'dUe. $
150,000,00000
148i918,U9 33
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
Export8.204,973,927
Export8.152,618,305
Exports.210,481,170
Exports. 71,084.147
Exports. 88,539,245
Exports. 88,275,090
Export8.159,f)72,935
Exports. 50,859.322
Exports. 66,157,377
Exports. 27,939,274
Exports. 30,830,296
Exports. 106,446,689
Exports. 82,052,261
Export8.2] 4,123,927
Exports. 29,799,441
Export8.21 8,061,832
Exports. 91,662,052
Exports. 61,472.040
...Export8.312,482,819
Export8.4l9, 593,681
Export8.416,231,433
Export8.364,2 19,897
Exports.492,224,994
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
65,348,872
16,097,887
48,768,418
5,744,434
33,963,776
Exports 26,215.009
Exports. 50,224,202
Exports. 5,791,890
Exports. 15,203,807
Imports. 5,633,419
Exports. 2,905,317
Exports. 19,207,051
Exports. 29,226,076
Exports. 58,673,653
Imports. 18,299,727
Exports. 45,799,639
Exports. 11,348,817
Exports. 33,546,216
Exports. 63.181,574
Exports. 99,441,764
Exports. 90,930,374
Exports. 92 293 090
Exiports.ll6;043!680
Exports.
Exports.
Exports.
Exports.
Exports.
298,916,149 33
Total.
.$1,189,989,028 70
Cash balance in the Treasury Jan.
serve and trust funds
Cash
lash balance in the 1
Treasury Feb.
serve and trust funds
Increase durinj; the
31, 1901,
exclusive of
re-^
28. 1901,
exclusive of
're'-
month
«14<1
oi!)«7^
•^*'*'"''''*"
....
n«
""
148.915.149 33
$6,902,176 26
IMPORTS AND EXPORTS FOR FEBRUARY.
The Bureau
Washington has issued
the statement of the country's foreign trade for
February, and from it and from previous statements
we have prepared the following interesting summaries.
of Statistics at
[From our own correspondent.]
London, Saturday, March 9, 1901.
BusincBS continues inactive. There is very little investment and not much more speculation. Yet markets are cheerful and prices do not give way much. The impression still prevails that the Boers are very nearly exhausted, that they cannot hold out very much longer, and that the final pacification of the war is a question now only of weeks. The opinion
prevails upon the Continent quite as strongly as here; and
indeed it originated on the Continent. For some weeks past
Continental capitalists, especially German and French, have
:
March
23, 1901.]
.
:
.THE CHRONICLE.
been steadily, though quietly, buying in this market not
only South American securities, such as Brazilian and Argentine, but also South African shares; and this week the buying has continued. Some of the leading South African gold
shares have been in good demand. French buying has been
large also in copper shares, more particularly in Rio Tinto
shares and in De Beers diamond shares; but the home public
has been doing very little, and there has been a renewed fall in
consols, as the impression grows that the Government will
have to borrow on a very large scale before long, and the ex-
561
1901.
Mar,
1900.
Mar.
a
8.
£
1899.
1898.
Mar.ti
7.
Mar.
M
£
300
9,
;ircnlatlon
2R,6«2.<4.5
Pabllo deposits
Kher deposits
ioyeniment securities
271,2.=).5
17,423.018
le.siM.niM
8i*,87-,82«
88,t<37,«60
18,0i7,4'45
84.1105.162
13.-«6,87*
13.1i87,5(i6
32 Uit.lO
83,7-'i3556
61H
i3..11 7,602
35,4H3.xl8
8J,7«S,6'.a
35,2.59,308
23.67ti,514
3<I.K25,994
12
:rther securities
Reserve of notes and ooin
;oln&bulllon,bothdepartm'ts
Prop, reserve to liabilities. p. o.
percent.
3ank rate
12.806,281
82,747,218
25,427,34*
percent
Messrs. Pixley
March 7
i^H
iZM
4
Bfi^
1
283-1'Jd,
286.' 27,000
JlWer
'learlng-Honse returns
&
i;3,>-93
S6.814.';8J
.
Consols, as<
S8.8ft7
86.fl2a,650
44 3-16
2B.740,4SO
18.692,185
85,78»,100
43K
3
8
IIOM
100 11-18
27 7-181.
lai.T'di.ooo
182,7£6,000
111 u-ie
25!^ 1.
134,4yu,000
Abeil write as follows under date of
Gold—The Bank of England has received during the week £848,000
borrow in consols.
In <fOld. Of this over £500,000 has corne from India on aocounr, of the
British railway stocks have been rather depressed, partly Indian Currency Department, and £105.000 in In sovereigns from
Egypt; £53,000 has been withdrawn, of which £28,000 U In Scandibecause of the general feeling and partly because trade is navian coin ArrlvalB: Bombay, £«03,000; Australia. £^1 .000; Vera
pectation
is
that
it
will
than it was. Prices in many direcway,
and
the decline in coal will of course be
tions are giving
of great advantage to the railway companies. On the other
hand, the falling off in trade may affect the carriage both of
goods and passengers and so more than off-set the relief to
be derived from cheaper coal.
The Board of Trade returns for last month are decidedly
nneatisfactory. The value of the imports was £39,714,439, an
undoubtedly
less active
On the other hand,
the value of the exports of British and Irish produce and
manufacture was only £21,037,455, a decrease of as much as
$3,182,894, or 9 '3 per cent. In some directions of course
there is a fall in prices compared with February of last year;
but in other cases there is a rise, and the decline in the exports, theiefore, clearly proves that the quantity of goods
sold to other countries was less last month than in the corresponding month of last year.
Upon the Continent, likewise, trade is very quiet. The
reports from Russia are exceedingly bad. All industry is
depressed. The banks are hopelessly locked up and are kept
going only by the support of the Finance Minister. The
increase of £3,009,631, or 5'4 per cent.
Town, £2,000; Cnlle £4.000; total, £713.000.
Silver— There has practically been no change in silver durlag the
wei'k. The chief buyer is still the Indian '^o moil and their orders are
about sufficient to absorb the dally suoplies. Tlxere is no Inquiry from
the East, and the Bazaar price is quoted at Rs. 72. As will be seen
below, the forward quotation malntain'i a premium of l-16d. over
spot. Arrivals: New York, £170.00"; Chile, £ 1 1,000; total, £181,000. Shipments: Bombay, £93,000; Calcutta, £122,000; total, £215.Cruz, £7,000; Cape
000.
Mexican Dollars— There have been some transactions In Mexicans
at ^about ^sd. under the price of silver.
The following shows the imports of cereal produce into the
Kingdom during the first twenty- seven weeks of the
new season compared with previous seasons
CTnited
lUPOBTB.
1900-01.
1899-00.
1898-99.
1897-98.
Lmp'rt80fwheat,owt.35, 313,400 29,883,300 30 790,450 31,869,010
9,537,900 16,471,000 12,032,194
13,-547,400
aarley
11,717,300
9,295,100
8,244,670
JatB
7,857,660
1,681,500
1,348,300
1,510,730
Peas
1,489,100
9^8, «00
1,179,460
968,840
Beans
1,577,540
30,165.200 31,768,500 2 7,8 8.S, 260 24,784,260
tndlan Corn
Plotir
11,555,800 10.925,200 12.391,530 11,479,580
Supplies available for consumption (exclusive of stocks on
September
1):
1900-01.
1899-00.
1898-99.
1897-93.
Wh6atlmported,owt.35,3l3,400 29,883,300 30,790,450 81,869,010
11,555.800 10,925,200 12,391,530 11,479,580
imports of flour
saleeof home-grown.14,423,108 17,921,171 18,421,098 15,650,387
61,292,308 58,729,671 61,603,078 58.998,977
Total
want of money.
26«. 4d.
25s. 8d
35s. lOd.
i^ver.prloe wheat, week. 258. lid.
the liquidation of bad business is going on.
26r Od
26s lOd
33s. lid.
Trade is very quiet and probably will continue quiet for Average price, season. 278. 3d.
many months to come. In France there is no sign yet of
finffllsli Financial markLet*— fer Cable.
recovery. There has indeed been some improvement in the
The daily closinj; quotations for securities, etc., at London
prices of industrial securities, and more particularly of
ire reported by cable as follows for the week ending Mar. 22.
traction securities; but still there is no great activity going
London.
on in spite of the immense accumulation of unemployed
money. The Paris Bourse, moreover, has been much less
27%
d.
silver, per ounce
active this week than for several weeks before, and indeed
95i3i,
Consols. new, 2% p. ots.
9516,6
has been dull, partly because the hopes so strongly held
For acootint
01-42i«
of the pacification of South Africa and the conclusion of (Voh rentesiln Paris) fr.
4b..
peace in China have not been realized, partly because of the Spanish
Anaoonda Mining
long protracted Ministerial crisis in Spain, the divisions Itoh. Top. & Santa Fe..
Preferred...
shown to exist among the Conservative Party, the spread of
the anti-clerical movement, and the fear that a revolution is Baltimore & Ohio
Preferred
impending. French investments in Spain are of an enormous Janadian Pacific
amount. It is clear now that'no attempt to improve the ihesapeake & Ohio
financial position can be made for many months. Senor Chica. Great Western..
Mil. & St. Paul...
Sagasta is a very old man. His Finance Minister does not Ohio.
Den. & Rio Or., com....
inspire much confidence. There will have to be a general
do Preferred.
Do
election, and therefore it is not likely that anything will be Brie, common
let preferred
done until the late autumn at the very earliest; and the
2d preferred
position in Portugal is not much more hopeful than that in Ullnols Central
r>oulBvllle & Nashville..
Spain.
The money market has not been quite so active this week. Mexican Central
Kan. & Tex., com.
Upon balance the outside market has paid off two or three )do.
Preferred
millions sterling of the loans obtained by it from the Bank of ST. y. Oenfl & Hudson.
England, and although every now and then money was ». Y. Ontario & West'n
& Western
scarce and in exceedingly strong demand, at other times it Norfolk
Do
do
pref.
was more plentiful, and upon the whole the rate of discount Sortberu Paolflo, com..
Preferred
has rather given way. The comparative ease in the market
has been rather due to the very large expenditure by the r'ennsylvanla
•Phlla. ARead
Government; but next week the market will probably be 'Phlla.<&Read.,lBtpref.
again tighter; for the fortnightly settlement in the Stcck ' Phlla. A Bead^ 2d pref.
Exchange will begin on Tuesday, and that no doubt will 'onttaem Pactno
Railway, com.
compel borrowers to go in large numbers once more to the <outh'n
Preferred
Bankof Englard. Then the following week an instalment inion Paoiflo
Preferred
on the last loan will have to be paid. The probability seems
/abash
to be, therefore, that money will continue in very strong
Do
preferred
demand during the next two weeks, unless of course the
Do
Deb. "B"
payments out of the Treasury become so large as to counter*»Tlr«A T>«r oiiftr#»
act all other causes and flood the open market for the time
being.
In Paris money is exceedingly plentiful and cheap, and
already people are speculating upon a fall in the Bank rate.
Imports and Exports fob the Week. The following are
In Germany, likewise, money is comparatively easy. Tne Che imports at New York for the week ending for dry goods
spring den and is now beginning; but even so, the market is March 14 and for the week ending for general merchandise
well supplied and will probably continue so, because trade is March 15; also totals since beginning first week January.
so quiet. Speculation is at a standstill and investment is not
FOREION IMPOSTS.
Government
In
itself is in
Germany
,
,
—
very active.
The India Council continues
to sell its drafts fairly well.
offered for tender 80 lacs and the applications exceeded 487 lacs. The whole amount offered for tender
was allotted at prices ranging from Is. 3 29 32d. to Is. 31-32J.
perrupte. Later in the day about 7K lacs were sold by
special contract at prices ranging from Is, 3 15 16d. to Is. 4d.
per rupee.
On Wednesday
FOrwtek.
1901.
1900.
1899.
1898.
it
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.
81.712.114
8,605,815
»4,175,764
10,912,842
$2,281,752
7.683,4S0
$2,064,819
7.062,425
SIO.317,929
$15,038,606
$9,965,202
$9,127,244
il25,4.'>0,95S
$33,097,890
91,5S0.171
»26.636.3;i7
85.9t0,891
$26,050,327
72.631,823
weeks ill4,941,279 $124,678,061 $112,597,191
t93.682.150
Dry Goods....
Qfin'l
mer'dlse
Total
Since Jan.
1.
Dry Goods
S^en'l
mer'dlse
lotal 11
89,490,321
...
.
THE CHRONICLE.
662
for one week later will be found
In our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending March 18, and from January 1 to date.
BANKS
The Imports of dry goods
Co...
Merchants'
Mechanics'
America
Phenlx
HEW TOBK FOB THE WEEK.
BXPOBT8 FBOM
Capital. Sturplus.
Bankof N.T....
Manhattan
City
1901.
isoo.
S9,928,114
110,525,631
$15,102,734
119,819,328
Chemical
Merchants' Ex..
1898.
1899.
ftaUatln
$11,340,238
93,618,053
Bntoh.& Drov's'
Meoh.A Traders'
areenwloh
Total 11 weekB $120,453,745 $131,922,062 8105,308.420 $104,958,291
Leather M'f'rs..
Seventh
State of N. Y....
American Exch.
For the week..
Prev. reported
$8,550,419
96,358,001
The following table shows the exports and imports of
specie at the port of New York for the week ending Mar. 16
and since Jan. 1, 1901, and for the corresponding periods In
1900 and 1899.
BXFOBTB AlfB IMPOSTS OF 8PBCIB AT NEW TOBK.
Commerce
Broadway
Mercantile
422,7
Pacific
Republic
1,600,0
460,0
200.0
North America- 1,000.0
Hanover
3,000,0
Importt.
Exporlt.
Gold
ereat Britain
France
Since Jan. 1
$
$
West Indies...
Mexico
Boath America
li7,306
3'20',540
Nassau
Market* Fulton
98,430
Shoe & Leather.
Com Exotumge..
"4,568
226 119
Continental
Oriental
Imp't'rs'& Trad.
"2;i56
47,870
219,262
19,181
15,680
10,150
All otlier ooantrles.
Total 1901
Total 1900
Total 1899
$117,300
28.650
5,460
OltlBens'
$
$
8,095,829
Germany
Irving
Since Jan. 1
Week.
$6,708
9,305
33,854
$8,442,199
6,789,877
2,301,773
Park
East River
Fourth
$610,862
969,984
Central
Second
Ninth
4,092,187
First
ImporU.
ExporU,
N.T. Nat'l Eich.
Silver
Bowery
Since Jan.\
Week.
GreatBrltain
$928,230 $11,093,650
200.099
900
"i,522
94,898
France
Germany
West Indies
Mexico
Boath America
$
""363
$929,752 $11,413,288
1,398,113
1,087,655
German Ameri..
Chase
Fifth Avenue ...
Qerman Eich...
3,883
16,802
50,420
467,100
108,804
11,773
$17,170
126,351
106,179
$641,980
918,&76
681,494
"2,49]
Total 1901
Total 1900
Total 1899
N. T. County....
$
21,250
AH other ooantrles.
SinceJan.X
Week.
11,206.241
11,171,009
Of the above imports for the week in 1901, $3,775 were
American gold coin and $154 American silver coin. Of the
exports during the same time $20,000 were American gold
coin.
Reports of Non Xember Banks.—The following is the
statement of condition of the non-member banks for thf
week ending March 16, based on averages of the daily result
We omit two ciphers fOO ) in ad cases.
BANKS.
Capital,
Sur- Loans
plus.
6c
Invest-
Specie
ments.
Lea. I. Deposit, with
yet
JcB'h. Olear'g Other Devotiti
Not«t. Agent. Bks.Ac
NMW
vroBK CITY.
Borough of
Manhattan,
Colonial
Oolnmlila
KleTenth Ward.
Fourteenth Street.
Oansevoort
Hamilton
. .
Mount Morris
Mataal
.,
Nineteenth Ward.
Plaza
BlTerside
State
T^relfth
Ward
Twenty-third W'd.
Union Sgaare
YorkvUle
Waahlnf^n
FldeUty
Varlok
Soro'h of Broohlvn.
Bedlord
Broadway
Brooklyn
Eighth Ward.
Fifth
9ermanla
Lincoln
Garfield
Fifth
Bank of Metrop.
West
Side...
Seaboard....
Western
Ist Nat., B'klyn.
Liberty
N. Y. Prod. Ex_
NewAmsterdam
A.Btor
Hide A Leather.
Total....
(OOs omitted.)
Avenue
Kings County
Manufaot'ra' Nat'l.
Mechanics
Mech'8' & Traders'
Merchants'
Nassau National.
National City
North Side
People's
Schermerhorn
Beventeenth Ward
Spragne National..
Twenty-slrth W'd.
Union
W&llahout
Borough of
Richnumd.
Bank
of Staten Isl
l8tNat.,8taten Isl
Other Cities.
IstNat., Jer. City.
Hud. Co. Nat., J.O.
7A Nat., Jer. City.
WNat.. Jer. City..
ist Nat.. Hoboken.
dNat., Hoboken.
Totals Mar. 16
Totals Mar. 9
Totals Mar. 2
t
100,0
300,0
100,0
100,0
200,0
200,0
250,0
200,0
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100.0
100.0
200,0
100,0
128,3
184.7
129,0
66,2
20.4
102,4
69,6
136,8
69,2
176,9
116,4
238,9
64,8
89,8
361,3
180,2
23,8
98.4
fiO.O
160,0
100,0
300,0
100,0
100,0
160,0
262,0
600,0
100,0
100,0
300,0
300,0
100,0
100.0
100.0
100,0
200,0
100,0
100,0
100,0
124,6
169,3
151,0
43,3
67,7
63,8
491,6
366,9
203,1
26,0
100,0
68,3
86,6
400,0
260,0
260,0
200,0
110,0
126,0
879.0
666,9
319,2
229,0
460,8
106,6
16,3
618,7
665,7
121,7
126,9
63,4
76,9
233,7
63,7
69,4
49.9
»
t
t
1874,3
128,9 479.6
2262,0 122,0 107,0 170.0
1093,7
32,7
43,4 330,8
1183.6
78,3
60,4 244,8
779,3
9,9
53.0
47.9
1834,8
81,3
93,6 112,7
2181,7 128,8
86,1 302,1
1249.8
31,4 125,6 197,3
1389,4
23,5 134,6 28^,l
2430,0 105,0 144,0 163,8
892,6
12,7
88,6
83 3
3135,0 282,0 130,0
67.0
1108,0
30,2 159,8
85,3
912,3
45,0 107,2
68,
2233.8
68,1 251,3 411,3
1417,6 116,5 115.6 181,3
621,8
23,1
10,8
44,3
403.6
8.5
20,1
23,6
419,7
2,0
39.S
80,8
v>
1067.7
10,8
1442.0
17,0
1180,6
67,1
323.6
12,7
669,8
32,0
836,6
32,7
2491,9 388.3
2884,6 144,7
867,2
18,3
686.2
4,2
3683,0 164,0
2631,0 124,0
747,3
13,2
936,1
36,2
622,4
14,4
606,4
9,8
1083,9
81,4
444,6
12,8
683,2
22.8
651,3
33,4
621,7
709,6
18.4
31,8
84,3
116,8
37,5
24,6
26,8
23,3
172.6
113 9
58,2
44.1
271,0
285,0
61.4
39,8
30,0
40,8
9,0
19,6
45,3
19,3
23.9
18,3
217,3
I
1730.3
3.0
60,0
4"i'i
47,1
46,9
232,2
66,8
221.0
106,6
58,2
60,1
75,8
94,8
2850
1415.7
1472,9
820.8
1588 4
2797,6
1446,2
6,1 1766,9
2674,8
1047.0
181,0 3499
224,8 1721.5
164,2 11835
2809.8
100,0
61,8
196,9
63,'3
18092
4,4
493,0
296.
<
'6.7
386,7
200,0
1354,7
1608
25l',6
121,6
47,4
70,3
74.6
69*,1
219,5
88,6
83,5
481.0
642.0
$
2,000,0
2,050,0
2,000,0
2,000,0
1,600,0
1,000,0
10,000.0
300,0
600,0
1,000.0
300,0
400,0
200,0
600,0
300,0
1,200,0
6,000,0
10,000,0
1,000,0
1,000,0
Chatham
People's
Week.
[Vol. LXXII.
8.6
1,0
22,8
44,0
1147.7
289,1
638.0
681,0
3271,3
600,0
600,0
600,0
900,0
1,000.0
1,400.0
1,000,0
300,0
1,600,0
3,000,0
260,0
3,000,0
1,000,0
300,0
760,0
600,0
300,0
260,0
200,0
760,0
1,000,0
100,0
200,0
200,0
300,0
1,000,0
200,0
800,0
300,0
600,0
3,100.0
300,0
600.0
1,000,0
260,0
860,0
600,0
Loans.
Specie.
$
$
$
3,047,2
2,114,4
1,096,6
2,246,0
3,980,9
Legal*/.
*
3,041,0
4,641,0
3,640,2
2,546.0
8.976.6
1.386.0
35.993.1
4,811,8
1,084,0
1.083,1
247,4
198.0
137.1
940,8
1,174.1
604,6
6,123.0
9,102,1
1,134,0
3,425,6
444.0
4,928,6
781,3
223,8
3.810,8
9,893.0
788,7
737.1
630,3
1,361,6
966,9
3,981.0
685,7
229,0
4,377,0
13.796,0
242,3
6,337.0
2,860.0
1,637,0
812,4
0,272,8
660,4
16,938,0
23.268,0
16,677,6
13,995.0
22,020,2
6,343,(J
225,6
6,721,6 122,826,8
6,967,6 24,465,1
211,1
6,330,9
8,751.2
1,926,8
1,209,1
86,0
2.421.0
124,i878,8
173,6
4,664,6
477,7
4,021,7
217,1
4.860,1
643,3
3,064.9 29,660,0
8,733,0 76,928.7
6,182,6
1,688,6
1,264,2 14,174,8
3,822,9
484,7
1,168,8 20,791,8
6,690,4
993,8
3,046.6
337,3
817,7 14.897,1
6,195.6 60,690.2
4,317,0
486,6
8,389.3
384,8
2,794,7
274,9
6,903,6
1,037,1
3.958,9
202.9
1,807,2 20,394,0
4,498.0
496,2
2,080,1
401,0
8.027,1 25.496.0
3,679,9 67,684,0
1,288,3
169,2
3,433,7 27,686,8
614,0 12,320,0
0,287.0
918,9
3,027,6
71,1
43,673,1
9,483,0
3,367,3
112,6
3.861.0
876,0
734,7
3,298,8
864,8
897,1
8,418,6
640,8
366,0
3,832,7 40,102,9 10,693,3
9,029.2 3,494,8
1,326,7
2,340.4
333,4
638,6
3,134,2
400.9
818,6
965,1 12,818,4 1,928,4
7,625,6 1,646,0
1,116,6
2,104,9
370,7
348,3
7,617,8 1,164,8
1,018,2
2,831,0
700,0
426.4
818,2 16,769,0 3,378,0
1,998.6 40,216.8 9,911,0
3,940,0
498,0
619,6
6,069,3 1,386.1
648,1
4,107,4
613,1
379,2
6,194,6 1,345,3
444,6
4,821.8 1,108,1
320,9
2,630,7
636,2
334,1
Bi-
Deposits stro*
$
P.O.
1,316,0 16.715,0 26-4
2,182,0 26,899,0 24-9
1.698.6 20.189.6 26-4
706,0 14.258.0 22-8
2,499,8 26,848,3 26-6
143,0
6,576,0 27-4
6,388,0 144,867.8 28-6
2.528,1 34,989.1 29-3
8,092,1 26-6
478.8
7.16P.6 27-6
892.6
1.296,2 24-4
70,0
247.0
3,554,0 17-3
884,0 88-5
203,8
227,1
4,622,3 26 8
5,617,2 26-6
260.7
4,370,8 22-4
288,4
1,698.0 24,602,0 27-8
8,432,5 66,977,4 28-1
6,622,8 26-3
324.6
1,664,0 16,088,2 27-0
8,668,2 28-9
434,1
1,060,9 28,492,6 25-4
34-7
6,736,0
904,6
3,661,9 34-3
898,9
1,364.5 18,401,6 26'3
6,310,3 66.594,1 28-4
4,665,0 28-9
610.6
3,426,8 27-»
319.8
8,521,4 28-3
291,1
7,662,3 28-0
787,6
4,4 59.0 26-9
201,4
2,087.0 24.166,0 25-1
6,217,3 23-7
661,3
3,064,0 27-4
338,0
1,205.0 33,676,0 23-1
4,602,0 71,489,0 26-7
1,492,6 28-1
177.9
3,802,9 80,661,3 26-6
1,864.0 16,830,0 26-6
1,109.0 10,314,0 25-6
3,603,0 25-6
283.3
1,867.6 44,985,8 24-7
3,668,6 270
314.0
3,452,0 20-8
346,0
4,440,2 29-2
482,4
3,283,1 24-3
269,6
1,832,7 48.420.1 25-6
809,8 10,687,6 26-4
8,810,8 32-9
868,7
4.743,6 33-1
699,6
1.411.4 14,220,6 23-4
264,4
7,789,6 24-6
2,218,3 25-3
191,4
8,461.7 22-6
748.9
3.436,0 31-7
891,0
3,046.0 30,898,0 269
2.482,8 «8,4&5,4 26-5
4,446,0 31-0
881.0
7,120.6 26-4
426,0
3,919,9 24-8
461,3
7,853.3 26-4
622,2
6,166,6 26-0
184,9
2.036,6 30-8
93,8
76,022,7 93,063,6 914.813.7 1894281 73,120.9 10061856 36-0
Auction Sales.
—By Messrs. Adrian H. Muller & Son
stocks.
25 Nat. City Bank of ;B'klyn.2P0 J4
77 MeohaDlcs' B'k of B'klyn.20514
4 Prospeoc Ice Co. of Shelter Island. N. r
300
100 Nassau Fire Ins. Co. of
:
Slockg.
4015
Chemical Nat. Bank
1678
Trust Co
370
25 City Trust Co
10 Ninth National Bank
105
187i«
50 Oriental Bank
156i«
166»4l70i4
Brooklyn
10 Hamilton Bank
10 Home Life Ins. Co. of
200 Mechanics' Nat. Bank. ..229
Brooklyn
300
13 German- Amer. Bank....l35>«
20 Kings Co. B'k of B'klyn.lllis
25 Amer. Ex< h. Nat Bank.236i2
20 B'klyn Acad, of Music
100 Farmers' Loan & Tr. Co. 1501
(with two tickets)
30 Singer Mfg. Co
..250
115
250
20 Long Isl. Safe Dep. Co.. 60
10 Atlantic Trust Co
2O6I4
15 Nassau Nat. Bank of
10 Fourth Nat. Bank
Brooklvn
350k 45 Nat. Bank of Commerce.
32514*328^
30 Bond dciVIort. Guar. Co. .86414
100 Shelter Isl'd Heights As3 Union Trust Co. of N. Y. 1402
sociation, N. Y
60
31 North Amer. Trust Co...
270-27214
15 Second Ave. RR. Co
221
1 Membership Adirondack
Bo7ids.
League Club
$500 $144,000 Express Coal Line
1 Memb.N. Y. Produce Exequip, bonds. Class "B"
7>a
change
$126 $3,woo City of Cincinnati
7-38. 1902; J&J
149 Merchants' Nat. Bank...
10458 & Infe.
19019018 $1.0r0Cityof Louisville 78,
I(i6\&lnt.
150 Chatham Nat. Bank
31214
1903; .f&J
2tO "American Grocer" Pub$1,000 Pennsylvania BB. Co.
lishins (JO
124
6s, 1910; J&J
5
519 Amer. Whiting & Putty
$5,000 City of Jersey City 7s,
112 &lnt.
Manufacturing Co
1905; J&D
$6,000
6 Colonial Trust Co
396
$1,00 New York City 3i«8,
103ie&lnt.
35 Standard Trust Co
320
1915; M&N
1
1 U. 8.
.
>
&
By Messrs. Richard V. Harnett Co.:
500 Jennie-Blanche Gold Mining & Milling Co., $1 each
$5 for lot
32624
162,1
930 3
679,3
28.0
127,0
224.1
60.6
16,0
31,3
63.0
2.3
62,8
97.6
11,3
3905
8080,0
858,6
982,5
867,0
475,6
1067
495.8
639,3
704.8
680,5
676,8
4698,8 280,6 243,6 956,8 1871,7 6480,8
1933.0
83,0
74,2 166.4
46.0 1688 4
1161,4
68,6
100.'<,1
22.4 199,9
897.4
46,4
60,9 168.9
878 7
27,6
2032.4 109,0
82,9 128,2
69.5 1784,5
732,1
37,1
37,2 146,5
856.6
13,6
Spencer
3T
Co.,
....
yKVf YORK
39 pine; street,
Transact a general banking business! act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and otlier companiesi Execute
commission orders and deal In
&
INVESTMENT SECURITIES.
Members N. Y. Stock Bxohanse
QBOBOB BABOLAT MOFFAX.
Moffat
7662,0 8607,8 62803.9 3063,7 3883.8 8857.7 3888.0 71407 6
7662,0 8607,8 62119,8 3100,8 3970.8 8820,9 3494.6 70375,7
7862,0 8607,8 62046,1 3106,9 3983,1 8880,4 3862.4 71061,8
Branch
Offloe, 67
State
St.,
Albany
ALBXAHDBB M. WHITB
JW.
& "White,
BANKERS,
New York
City Clearlnsr House Banks.—Statement of
condition for the week ending March 16, based on average of
dally results.
We omit two ciphers (00) in all cases.
Trask &
BANKERS,
...
Members New York Stock Exohanga,
If*. 1
NASSAU STRBBT,
NEW TORK.
INVESTMENT SECURITIES.
.
March
1
.
THE CHRONICLE.
23, 1901.]
563
premium; commercial,
glawfejers^
©a^jettje.
75c,
$1,000 discount; bt. Louis, par;
discount; Chicago, 25c. per
San Francisco, 12>^c. per |100
premium.
Po.sted rates of leading
DIVIDENDS.
Name
WTien
Cent Payable
of Company.
ItailroadH (Stcnin).
<fc Iron lly. ((juar.)
Clevo.
&
Cm.
St. L., pf. (quar.)..
Ohio.
Tfrrro Haiito, com
Evansville
<fe
Geneseo cfe Wyoiniiis; Vall«y
GeoFRia Kll. <fc liiuikiiiK ((|uar.)
1
)
2>2
Cincinnati
St. liy. (qiiar.)
(O.) St. lly. (ijnar)
Metroixilitan St. Ky. N. Y. (quar.)....
Findlay
Newton (Ma.sn.)St. Jiy. (quar.)
PittHlMirK & nirminKliain Tract ion
Beattle Electric Co., prof, (quar.)
Garfield National (((uar.)
National Shoe .t lyeatlK^r (quar.)
New York County National (extra)...
TruHt CoiiipanicB.
Oontln ent al (i lar.
1 Marl?
Apr
Apr 10
Apr If. Mar 29
1 h Apr
1 Holders
10 Apr (>
I'-i Apr
1^2 Apr
1 Mar IC
20 Mar 20
20 Mar 2(>
to
to
to
to
to
to
to
to
to
to
to
to
to
Apr 8
Apr 8
Mar 31
Apr 24
Apr 1
Apr 1
Apr 15
Apr
Apr 13
Mar 3
Mar 31
Apr 15
Apr 15
l>-2
2
pref. (quar.)
"
"
"
'-J
2
Ajir
$2
(extra)
1
Apr
Apr
Apr
Apr
Apr
Mar
Apr
Apr
Apr
Apr
Apr
Apr
Apr
Apr
United States Projectile
"
2
3>2
2d pref
2d pref. (extra)
"
"
4
8
2
2
(quar.)
(extra)
U
<)
((|uar.)
))ref. ((juar.)
l.st pref
Marl?
!.'•>
Cincinnati Gas Tjiglit & Coke (quar.)...
2
1"^
Federal Steel, pref. (quar.)
General Chemical, pref. ((|uar.)
Hawaiian Com. & Sugar (monthly)
COc.
N. Y. Air Brake ((|uar.)
2
Procter & Gamble, pref. (quar.)
2
Trenton Potteries,
Union Typewriter,
2i)
1
l.-i
Mar 28
Apr 1
Apr
1
1
to
Apr i>
to
Apr 1
to
15 Apr 2
to
Apr 15
15 Ai)r 1
to
Apr 15
10 Holders of rec JIar 30
Mar 31
1
Mar 22
to
Mar 31
1 Mar 22
to
to
Mar 31
1 Mar 22
1 Mar 28
to
Apr 1
20 Mar 31
1 Mar 22
25 Mar 21
.
1
Mar 28
Apr
to
WALL. STREET, FRIDAY. MARCH 22, 1901.-5
The Money Market and Financial Sitaatlon.— The
ness with which securities of
I*.
1
M.
eager-
have been absorbed
all classes
this weelJ is an illustration of the almost unbounded confidence in future industrial and financial conditions which
now prevails. Stock Exchang'? records show a state of
activity rarely and until recently never exceeded, and the
advance in prices is a surprise to those, not a few in number, who were inclined to the opinio
that a maximum
limit of value.'^ had, in most casea. been reached. There
seems to be no precedent, however, for present conditions,
which, as is generally well understood, are mainly the resalt of concentration of interests and capital and of economy in the administration of industrial enterprises almost
wholly unknown in the past
The buoyant tendency of the market was temporarily
checked on Wednesday, whea there was some selling to
realize profits, some by cautious holders on account of possible new European complications growing out of the Chinese situation, and still larger sales by the bear element on
the floor of the Exchange. But the force of these influences was soon spent, Thursday's market partooi< largely
of the characteristics that were prominent early in the
week, and to-dfiv thei'e were a number of strong features,
although the market as a whole was irregular.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £127,953 and the percentage of reserve to liabilities was 50-4'r<, against 50-88 last
week; the discount rate remains unchanged at 4 per cent.
The Bank of France shows an increase of 2,625,000 francs
in gold and 3,925,000 francs in silver.
The New York City Clearing-House banks in their statement of March 16 showed a decrease in the reserve held of
$2,150,400. and a surplus over the required reserve of
,002,600, against $10,717,275 the previous week.
i
1901
March 16
Differences
from,
previous week
$
Capital
Surplus
Loans & di.scouuts
75,022,700
93,053,500
914,812,700 Deo
I
I
1900
1899
March 17
March 18
$
68,422,700
83,342,900
751,801,700
18,809,400
814,082,700
57,872,700
75,728,000
773,951,800
147,27f),500
190,059.300
53,727,800
Specie
Legal tenders. .
185,000 Oec
180,428,100 Deo
72,120,900 Deo
3,970,900
110,600
5,742,900
1,700,000
444,400
Reserve hold.
Legal reserve.
261,649,000 Dec
251,546.400 Dec
2,150,400
1,435,725
206,207,100
203,520,075
243,787,100
224,712,925
10,002.600 Dec
714,675
2,680,425
19.074.175
Circulation
Net deposits
31,585,1)00 Inc
....
1,00(>,
13,88t).!)00
808, S5 1.700
58,930,600
I
Surplus reserve
KOTE.— Belarus
banks appear on page 502.
of separate
Kxclian^c The market for foreign exchange
has been firm on a good demand and limited supply of bills.
Rates are t|uoted high.'r.
The following were the rates of dotnestic exchange on
New Yor<f at the under-meationed cities to-day: Savannah,
buying 1-16 discimat, selling 75c. premium; Charleston.
buying par, selling i^ premium; New Orleans, bank, §l-uO
Porelffii
•
Less
®
15'^
40»i8
iie-
United States B:»nd8.— Sales of Government bonds at the
Board include §-',500 2s, coup., at lOO^I; 812.500 3s. conp.. at
111 to 112; Sl,020 3s., reg., at llO^^ to 111, and ,$8,500 4s,
The following are the daily closcoup., 1907, at 114 to 1141^
ng" spe third p fje fnllowhig
ing quotations: for ye <fty
v
1
Apr 10
Mar 31
Ai.r 24 Apr
Apr
1 Mar 28
Apr
1 Mar 28
Apr 15 Apr (>
Mar 24
Apr
Apr
Apr 1
Apr
1 Mar 28
*
®5
9
to
to
1='4
5 18'8 •&5 17Hi* 5 15'i)*
Paris tjankers" (KrancH)
40
® 40iie 40U
Ain»t<^rdam (guilders) bankers
Frankfortor Bremen (reichm'ks) bankers 941619® 95
•£4 89
1!)
Apr 10 Apr 2
Apr
1 Mar 23
I..
4 88>3
Lf;
3
Bliss (E. W.), com. (quar)
"
Apr
Mar
Apr
Apr
Mar 31
Mar 31
1»4
"
to
of rec.
to
to
to
to
1
American Sheet Steel, ])ref. (quar.)...
American Smelt. & Jleflu'g, pret (qu.
American Teleph. <fe Teleg. (quar.)
"
Mar 31
to
Mar 30 Mar 21
Apr 1 Mar 21
Mar ?1
3
1^ Apr
Ajir
DOc." Mar
))ref. ((|uar.).
Mar 30
100
)
Title Guaranty & TriiMt ((|iiar.)
lUiHCollilUCOIIH.
Amalgam
a tell Copper ((juar.)
"
"
(extra)
American Hank Note (quar.)
American HridRC, pref. ((jnar.)
American Chicle, com. (quar..
Boston Electric LiKht
of rec.
II4
BnnkH.
i
Mar 30
May I Holders
1.".
Norfolk & .SoutlKiiu ((J liar.
Providence & Worcester (<iiiar.)
llioGran<le WeHteni, j)ref. (iiiiar.)
Street Railways.
(
Apr 20 Apr G
May 1 Apr 11
Apr 10 Mar 31
Apr 2
A pi'
Apr 10 Mar 31
to
Mar Kt
of rec. Mar 1!)
to
Apr 21
to
May 1
to
Apr 10
to
Ajir 14
to
Apr 10
Demand
Sixty Days
U'-i
®4 85 '2
Prime bankers' sterling bills on Ijondon. 4 85
4 84^4 ^4 8412
Prime (somnierclal
4 83^4 &4 84\
Documentary commercial
(If ays Inclusive.)
Mar 20 Mario
Apr 1 Holders
Ashland Coal
Chartl(!rs
March
Books Closed.
Per
bankers follow:
*Tiii8 is the price bid at the
morning board; no sale was made.
State and Railroad Bonds.— i-ales of State bonds at the
Board are limited to $16,000 Tennessee settlement 3s at 963^.
Although the market for railway bonds has been somewhat less active than last week, the transactions averaged
nearly $5,800,000 par value per day. The features of the
market were the same that have been prominent for some
time past.
Stock and Bond Sales.— The daily and weekly record of
stock and bond sales at the various Stock Exchanges, formerly given on this page, has been transferred to a place by
itself.
It will be found to-day on page 570.
Railroad and Miseellaneona Stoclis.— The stock market
has been unusually active, and was buoyant during the
early part of the week. Transactions aggregated upwards
of 3,250.000 shares on Monday and Tuesday, a long list of
active railway stocks advanced from 3 to 8 points above last
week's closing prices, and several issues recorded the highest quotations in recent years.
As noted above, Wednes-
market was reactionary, to day's irregular, and in
cases the best prices have not been maintained.
When at the highest, Burlington & Quincy showed a net
day's
many
gain of over 13 points. Erie 2d prt-ferred
11 points, Missouri
Pacific 8 points. North West 7 points, Erie 2d preferred
12 points. Rock Island nearly 6 points. New York Chicago
^t. Louis 7 points, Brooklyn Rapid Transit advanced
nearly 5 points on a change in the management and Manhattan Elevated on rumors of important developments to be
announced in the near future. Erie issues were prominent
features of the market on Thursday, when over 154,000
shares of the common were traded in and prices steadily
advanced, tfeveral other low-priced issues were notably
prominent for activity and strength.
All the iron and steel siiares were strong, the advance in
several cases amounting to from 8 to 12 points, on the
progress being made and assured success in organizing the
United States Steel Corporation. American Sugar Refining
was active, but relatively steady, and other miscellaneous
issues generally followed the trend of the market.
&
—
The great success of the steel con.solidahad a favorable effect on the whole curb market this
week. The advance in prices continued steadily until IhursOntaide Market.
tion
day, when the demand tor the steel stocks lessened, and
slight declines in those stocks took place.
On Friday the
market became somewhat irregular taoagh with no diminution of the feeling of confidence
The most noticeable advance of the week has been in Lake Superior Iron Mines
stock, which, on the news that the company was to be taken
into the U. y. siteel Corporation, rose from lOtj on Saturday
to 155 on Friday. Union Typewriter common advanced
from 50(g52 Saturday to 60 on "Friday, and the 2d preferred
went to 127; the stimulus was the announcement of the
dividend at SI4 per cent on the 1st preferred and 4 per cent
on 2d preferred, with an extra 8 per cent on the latter for
the purpose of paying up back dividends. The common and
preferred stocks of the American Tin Can Company appeared on the curb this week, the common selling as high
as 271 < on Fri'iay, closing at 26. the preferred closing at 76;
the subscriptions sold on Friday at 102''4 to 10278.
The range for the werk in U' S. steel Corporation shares
has been from SS^g to 45 for common and ^^4 to 94 for preterred. the high figures being made on Wednesday. Ameri-
can Bridge common has ranged from 42'4 to 47 and the
preferred from 92 to 99}<. American Sheet Steel moved
between 36 'g and 45^j5 for common and 83 and 92'-4' for preferred.
Brooklyn Ferry has been another strong ^tock,
selling up from >'0((?22 on Saturday to 29 on Thursday, closing at 26 on Friilay. ihe bonds of the compiiuy advanced
from 83 on Saturday to 90 on Friday.
Our list of outside securiti s will be found on page 570.
.
.
.
.
New York
.
Stock
Saturday
March 16
Monday
March IS
Record, Daily, Weekly and Yearly
TWO PAGES
26
62
68
5812
9238 93
913* 92^2
92^8 92^4
81
82;'8
58i2
93
92
78
7612
76=8
14934 I0O34
«189i«189i«
174 178
20978 210
1251812634
*126 130
*170 180
16
1684
4014 41^4
78
78
35
*74
35
76
ll'^s
4658
2II4
167
ll^g
4634
2138
xair,
19612 197
4038 41 Is
8834 89
25
25
712
8
Igis 18»8
2934 §03e
6712 68i«
4812 49
5434
64
207
20734
912
934
5434 5518
75 12 7534
18634 139
3O12 3l3g
59 12
59
2634 2
2012
43 14 45
*()1
5878
94
92 '8
*92i4 92 »8
8218 84
*90
90^ 9934
60 Vj 02 18
62
^155
155 155
4779 48*4
47
4038 40^8
40
154'8l01i4
115 119
130141341^
22«8 23 14
*9278 95
*81
82
53
5312
3752 38
72
73
25
26
62
78
9934
63 14
155
>->
4814
9238
92
9258
8II4
83%
I712
4134 43 14
77I2 78
*35
75
11
37
75
12
4612 47
•21014
*74
77
77
16%
41%
77
78%
*35
75
11
46
45
120
^??
35 14 35 14
*88
ik
9
8412
11334
I912 I912
§1
113
2212 22^8
5734 58I3
92^8 9§38
'196
*23
*59
92
93%
6I34
4534
3934
643s
154
*153
155
4559 46%
3834 39
7534 76%
16234 I6434
46%
40=8
75% 77 14
162
I66I4
113% 11734 116 116%
134% 134%
2134 23%
2134 2234
93
93% 9338 9338
81
*52
35%
81
54
81
53
3634
35% 36%
82
53
7II4 72
71 14 73
15034 15178
151 153
'188% 189% ?188 188
17734 178
177% 179
128
12814129%
13934
'125
*175
I6I4 1634
4034 42 14
7734 7838
130
180
I6I4
4134
1634
42%
11%
10%
11
4634
4534
1934
46
45% 46%
*35
*74
36
75
36
75
20% 21
20% 2OI4 20%
164 12
I6514I66I4
165% I69I4 164%167
197 197
'195% 197 *195 197
196 197
40«8 41 14
41
41% 40% 41 14 40 4078
9OI4 9II4
80 14 897,
91
9934
8978 9078
14
25--4
25
2538 2538
25
24
2558
25
21
712
2II2
16634
8
7%
734
18
1334
17%
1834
SOig
33 14
69
33
67
54 14
*52
*86
34
69 14
67 14
48
54
5414
54
205
979
208
10
5312 55
7512 76
13734 I3912
31
20
32
60
28
20
4334
447,
59'is
*27
5534
54
89
734
*7
17=8
32% 3358
6738 6834
54% 5534
51 14 52
*16
32
714
"
*86
89
200% 204% 201% 202
67
10
54
75%
67
10
9^8
54I4
7534
53
10
54
7538
75%
137 13838
31 14 3134
5978
57
*26% 28
19% 20%
43% 44%
9%
136
31
58
137
31%
7%
18
3479
67% 70
54
50
-86
*29
201
202
10
10
5278
53%
75%
61
52
88
75
136
31%
13634
3414
58
62%
2658
2658
19% 19%
19
43 14 4334
43
19
43
35
59
*26% 28
*8%
9
9
35
*30
35
'30
75
«75
75
74
9
75
75
*74
9658
98%
99% 10053 98%10058 9878 9979
124% 12878 125 12634 125 14 127
I6518I67I4
166% 168% 166% 168
126
I2912
I6712 16834
3612 3612
88I2 88I2
2134 2212
9 Hi
978
8414 8514
*36
*87
21
838
37
89
22
938
84
85
2014
21
51%
24%
II312II4
51
51
51
23
2312
5912
96=8
24
5838
93 12
59%
97
?81i4
6OI4
98I4
81 14
I4512I46
145% 148
23 12 2634
2778
27
IO6I2IO8I2 10834 10979
6OI4
5912
56
59
139
207 14 207
32i2 8""
3178
51 «8
*85
32 12
52
87
208
3214
5II4
214
3234
5178
'86
87
89
87
89 14
8738
88 12 89%
90
68
59
58% 59
*90
*90
95
95
65 12 6634 *66
67
152 152% 152%153
2834 2834
2734 28
57
57
7434
7434
61% 64
92
31% 32%
72
73%
42 14 44 »8
*66
*65
85
85
*9634 9734 *9634 99
*12i2 1312
13
13%
*67i2 6912
2^ia 2913
the
EXCHANGE
Mange for Year 1901 Mange for JPreviouS
On basis of 100-share lots
Ytar (1900)
Week
Shares
Railroads.
Ann Arbor
Sighest
Lowest
88
88
2134 25
878
82% 84%
8%
8234
114
113
21
51
21
51
25
*50
9779101
35
35
88% 88%
24% 2559
*112
23%
58% 60%
74
878
87
114%
*19% 21
52
23% 2438
58% 5959
99% 10078
69
200 20
Feb 20 26
63
6058
Maris
Marl5
95-%
953a
94
Marl9
Mar
Mar
Sighest
Sep
40%J'ly
ISSg Jau
58% Jan
55% Jan
7234 Jan
47% Sep
Deo
Dec
4334 Deo
8938 Deo
89 78 Apr
90 Apr
8878 Dec
85 Dec
123 Dee
9934 Feb
61% Dec
150% Deo
4234 Dec
16
61%Mar22
<fe
Lowest
6
6
8778 Jan 12
25
59
Jan 10 52 Feb
Jan 9 92 Jan
Mar20 8434 Sep
6438Mar20 47% Feb
155 Central of New Jersey...
500 14534 Jan 4_ 160 Jan 5 113 J an
46=8 47% Chesapeake* Ohio
63,740 36% Jan 21 49 Maris 24 J'ne
39 14 3978 Chicago <fe Alton
23,414 3658 Jan 21 41% Jan 9 31 Oct 42 Deer
7578 76%
Do pref
8,823 72% Jan 4_ 77%Mar20 6884 Nov 78% Dec
I6434 I6734 Chicago Burl. & Quincy.. 599,906 138% Jan 4 168 Marl9 119% Jan 144 Deo
116 116 Chicago & East'n Illinois
9,600 91 Jan 2 119%Marl8 88 Jan 109 Mar
*132 136
Do pref
1,500 120% Jan 3 135 Marl8 119% Dec 126 Aug
22
23% Chicago Great Western. 26,035 16 Jan „3 24% Mario
978 Sep
18 Dec
*92% 93%
Do 4 p. c. debentures
710 9134 Jan 23 9434 Marl5 81 J'ne 94% Dec
81% 82
Do 5 p. c. pref. "A".. 1,945 77 Jan 19 8534 Feb 5 68%Avig 82 Dec
53
53
Do 4p. c.pref. "B".. 1,600 42 Jan 3 56 Marl4 30 J'ne 45 Dec
37
37% Chic. Indianap. & Louisv. 25,175 23 Jan 21 39 Maris 14 Jan 29 Apr
72% 72%
Do pref
4,400 5834 Jan 21 74 Maris 45 % Jan 64 Dec
151% 152% Chicago Mihv. & St. Paul. 171,363 142% Jan 21
._ 162
Jan 5 108% J'ne 148% Dec
Do prof
425 187% Jan 4. 195% Jan 28 169% Jan 187% Dec
180 180 Chicago & North Western
Maris 150% J'ne 17234 Deo
8,575]|l68%Jan21 181
Do pref
598 207 Mar 1 222% Jan 5 195 % May 220 Dec
128% 129% Chic. Rock Isl'd & Pacific 164,020 11678 Jan 4 131% Mario 102 J'ne 122% Doc
*125 130 Chic. SI. P. Minn. & Om.
125 Mar 2 137 Jan 11 110 Oct 26 Nov
*175 180
Do pref
18434Jan 5 185 Jan 11 172 Feb 75 Mar
1634
16%
Chicago Term'l 'Transfer. 15,510 10% Jan 19 17% Maris
8% Oct 1434300
41% 42%
Do pref
37,030 33 Jan 21 43% Maris 26% Oct 3934 Apr
78
78 Cleve. Ciu. Chic. & St. L.
4,400 7334 Jan 25 81 Jan 14 55 J'ne 76 dSJj
Do pref
11534 Jan 12 119 Jan 14 103% J'ne 118 Dieo
35
33 Cleve. Lorain <fe Wheel'g.
300 2759 Jan 7 37 Mar 6 14% Jan 30 NOV
7434 7434
Do pref
900 68 Jan 16 77% Feb 8 46 Jan 72 Apr
1078 11% Colorado & So., vot. trust 48,130
Sep
334 Dec
5
6% Jan 21 12 Maris
46% 4634
Do Istpl. vot. tr. cfs. 6,180 40 Jan 31 48 Febll 36 Sep 47% Mar
2034 21%
Do 2d pf vot. tr. ctfa. 7,600 16% Jan 4 2134Marl4 14 Sep 20% Mar
164 166% Delaware <fe Hudson
30,620 126%Jan 3 17434 Feb 18 106% Sep 134% Dec
196 196
elaw. Lack. <fe West'n.
2,710 188% Jan 3 202 Jan 8 171% Sep 19434 Dec
41
445;, Denver & Rio Grande
24,050 29% Jan 21 4459 Mar22 1678 Jan 34% Dec
9134 94%
Do pref
18,000 80 Jan 21 94%Mar22 64%J'ne 87 Dec
25
25% Des Moines & Ft. Dodge. 3,300 18 Jan 30 26% Marl 4 12 J'ne 21 Dec
7
7% Duluth So. Shore & Atl.. 9,270 5 Jan 9 8 Marl5
4 J'ne
6% Mar
16
16%
Do pref
4,800 1358 Jan 8 19 Marl 5 12 J'ly 2078 Nov
34% 3534 Erie
781,313 2458 Jan 4 3534 Mar22 10% Sep 27% Dec
68% 70%
122,825 5934 Jan 21 70%Mar22 30% Sep 63% Dec
Do 1st pref
57% 61
98.140 39% Jan 4 61 Mar21 15 Sep 43% Dec
Do 2d pref
5334 5334 Evfinsv. <fe Terre Haute..
2,250 41 Jan 31 55%Febl5 38% Oct 5439 Mju88
200 81 Jan 4 90 Feb 15 74 Oct 94%Ai)r
88
Do pref
Ft. Worth <fe Rio Grande.
25 Jan 29 29 Feb 8 15 J'ne 27%Dtc
201% 2021 Great Northern, pref... 11,713 188 Jan 4 208 Maris 14434 J'ne 191% Dec
r. B.&W., deb. cTs."A"
2 65
._
Jan 2 6734 Feb 14 53% Mar 66 Dec
Do deb. ctfs. "fi"....
398
7% Jan 28 10% Feb 13 6% Sep S'sDec
53
53% Hocking Valley
7,445 41 Jan 3 5534 Maris 30% Jan 4278 Deo
76% 7534
Do pref
2,900 6934 Jan 21 76%Marll 68 Jan 7434 Deo
137% 138 Illinois Central
33,180 12733 Feb 1 139% Maris 110 J'ne 13234 pifo
33% 35
21,250 21 Jan 21 35 Mar22 H7eJau 27% Beo
owa Central
6178 04
13,200 48 Jan 21 64 Mar22 39 Sep 58 Mar
Do pref
*26% 28 Kanawna <fe Michigan.,
300 21 Jan 8 2934 Mar 9 10 Jan 25 D«c
20
800 13% Jan 4 20%Marl4
7 Sep 17% Apr
20
ansas City So. vot. tr..
43% 44
Do pref. vot. tr. ctfs. 3,800 35 Jan 4 45 Maris 27% Sep 43%A|r
3%May 6 5Sc
534 Jan 3 10%Febl3
Keokuk <fe Des Moines...
100
Do pref
24 Jan 2 33 Feb 18 14% Oct 33 Dec
5178 64% Lake Erie & Western. .. 14,625 3934 Jan 21 54% Mar22 20% Mar 52 Deo
123 124
Do pref
1,560 108% Jan 21 124 Mar22 83% Feb 115 Deo
*210% 250 L. Shore & Mich. South'n
?236 Feb 18 §235 Feb 19 §197 Jan §240 Dec
74
720 67 Jan 3 80%Marl4 47 % Jan 89 May
74 Long Island
9934 10034 Louisville & Nashville... 152,3.52 84% Jan 4 10034 Mar22 6884 Sep 89% Dec
125% 127% Manhattan Elevated... 363,992 111 Jan 21 129% Maris 84 J'ne 11 678 Dec
163 167
etropolitau Street
66,751 158 Jan 21 174 Jan 2 14334 Sep 182 Pel>
*35
600 27 Jan 9 36% Murl8 24% J an 37% Apr
36% Met. West .Side El. (Chic.)
''88
300 79% Jan 15 88% Mar 9 76 Feb 84%N6v
Do pref....89
24
94,255 1234 Jan 21 2558Mar21 10% Jan 1738 Dec
26 Mexican Central
8% 9 Mexican Nat'l tr. receipts 63,400 368 Jan 24 97g Maris 2 59 .Sep 5 Mar
Michigan Central
107% Mar 4 107% Mar 4 §104 Jan 115 J'ue
87
39,880 6734 Jan 19 89 Mar22 45% J'ne 71% Deo
89 Minneapolis & St. Louis
113% 113%
1,800 10184 Jan 7 114%Mar21 87%J'ne 104% Nov
Do pf-ef
" Jan
'21 Jan 9 14 Sep 27 Apr
~
2034 21 Minn. S. P. & S. S. Marie.
825 18
11
800 50 Mar 6 56% Jan 3 47 Nov 69 Apr
Do pref
9 Sep 17% Dec
2334 24% Mo. Kansas & Texas
39,500 16 Jan 21 26 Mar20
94,027 43% Jan 4. 61 Feb 5 2559 Sep 47% Dec
67% 59%
Do pref
130,800 69 Jan 4 101%Mar22 3838 Jan 72%D80
99% 101% Missouri Pacific
85
_.
125
95
.
79 Mar 1 82 Mar 8 35 J'ne 49 D«iB
§191% Jan 8 19334 Feb 19 §183% Jan §189% May
68,635 139% Jan 21 148 Marl9 12559 J'ne 145% P6c
46,950 17% Jan 21 30%Mar22 11 J'ne 24% Dec
6,400 97 Mar 1115 Mar22 75 J'ne 110 Deo
25,000 47 Mar 1 66%Mar22 29 J'ne 58% Peo
§l.f4%.Tanl5139 Feb21 §130 Jan §1.35 Mtir
§206% Feb27 213% Jan 25 'm'\ Sep §21534 Jan
"" Jan
'
12 18% J'ne 32% Deo
53,350 28%Jan21 35%
22,292 42 Jan 10 5258 Maris 2259 Jan 4534 De.c
200 82 Feb 15 86% Mar 6 67 Jan 83 Pec
186,644 77% Jan 21 90 Jan 5 4534 Sep 86% Deb
12,865 84% Jan 21 90 Mario 67 Sep 91% Deo
1,650 62 Feb 1 61f4 Jan 12 46 May 62 Nov
20 89 Feb 25 9434 Jan 10 82% Sep 90% Deo
725 63 Jan 8 68 Jan 12 57 May 69% Oct
136,815 142% Jan 21 154%Mar22 124% Sep 149%D'fec
5 J'ne 18 Deo
11,381 1479 Jan 22 35 Mar22
360 3334 Jan 9 65 Feb 26 20 Jan 35 Dec
100 72 Jan 2 79 Jau 28 55% Jan 73% Deo
1,517 57 Jan 30 6434 Mar20 4934 Sep 80% Jan
Pittsb. Cin. Chic. & St. L.
1,500 88 Jan 4 95 Jan 25 78 J'ne 94 Jan
Do pref
Sep 26 Deo
Reading, vot'g tr. ctfs.. 90,100 24% Jan 4 36 Jan 7 15
1st pref. vot. tr. ctfs.. 67,420 68% Jan 4 77 Jan 5 49 Jau 7178 Deo
72,875 38 Jan 3 4734 Jan 7 2359 Sep 39% Dec
2d pref. vot'g tr. ctfs.
Mob.&0.,J.P.M€S;Co.rects
25
*195%197% *195%197%
Morris & Essex
145%147i4 145% 14638 146% 148
Central & Hudson
2534 27%
26
29
Y. Chic. & St. Louis..
28% 30% NT.
1093410979 111% 112
112 115
Do Istpref
5973 0134
59% 64
Do 2d Jref
64
66%
*136 137%
N. Y. Lack. & Western.
*208 214
'208 214
N. Y. N. Haven & Hartf
3158 32%
3158 33 14
32% 33% N. Y. Ontario & Western
4934 5II4
50
5138
6O34 51% Norfolk & Western
*85
*85
86
86
Do adjustment, pref.
86
85
86I4 8914
86%
87% 89 Northern Pacific Ry
8834 89 14
89 '8
89
90
89
Do pref
*56
56
58
57% *56
67 Pacific Coast Co
*90
94
?91
Do Istpref
91
90
94
*64
*64
«63
Do 2d pref
67
63
68
15134 153
152 15234 162% 154% Pennsylvania
29
31
30% 34% 33% 36 Peoria & Eastern
*55
?55
66% 57
56
60 Pere Marquette
*75
*74%
Do pref
77
.
214
8684
323* 33
731* 74
4412 4478
*35% 37
8I4
Sales of
STOCK
Do pref
400 55% Feb 25
61% Atch. Topeka & Santa Fe. 186,560 42% Jan 21
94% 95%
Do pref
137.975 82% Jan 21
92% 93% Bait. Ohio, vot. tr. ctfs. 23,920 81-'4Jan 4
91% 92
Do pref. vot. tr. ctfs. 5.085 83% Feb 28
8234 84% Brooklyn Rapid Transit.. 336,950 72% Feb 27
77
77
Buffalo Rocli. <fe Pittsb'g.
400 77 Mario
Do pref
116 Mar 1
94% 94% 94I4 95 Canadian Pacific
23,840 8834 Jan 18
62I4
62% 63% anada Southern
61
21,320
54% Jan 4_
*153i4
69
61
5878 6O34
9334 9459
9134 9238
91% 9134
8414 85%
93% 95
154
26
77 14 78
*116 117
*35
36
*74
75
10
11-4
197
14414 14534
2§
2314
10334 106
5434 66
*18§
*207
61
6058
95 14
9158 92
8238 8578
4678 4739
4OI4 4034
7634 77
16318 168
113 II8I4
I7I4
4258
Thursday
26
61
5858
9334
STOCKS
NEW YORK
Friday
March 22
March 21
45% 4512 46I4 51% 4834 51% 50
52
120 120
120 123
11978 122
122 122
*210i4 250 *210i4 250 *210i4 250 '2IOI425O
9514 96-4
12434 125 18
I66I2 167 12
2138
7^8
*24
91 14 94%
62
64
*155 155%
41
76*8 77
161 163
II8I4II914
134 12 135
132%134%
23 14
22
22% 23
9278 94 14
9234 9234
8234
Si's 82
82
5312 54
5234 54
38
39
38
36
73 12
73
7134 73
15014151=8 15058 1513.1
189 I8914 §189% 189%
178 181
179 181
215 217
216 216
12634 12978 129 131%
'125 130
*125 130
'170 180 '178 180
l(!i2
Wednesday
March 20
27
63
60%
95%
94%
59
9378
*9
*30
45
*116
AND LOWEST SALE PMICES
Tuesday
March 19
.
Exchange— Stock
OCCUPYI?iG
STOCKS-JIIGSJSST
—
.
.
,
32% 33%
73
7334
44% 45%
64
6434
9339 9338
32% 3339
64
64
94 14 9414
3234 34
72% 73%
45%
72% 7334
4434 46
44
9634
68% 68%
13
68
28
2884
29
9414
13
6884
303a
9634
*66
97
34% 35
73% 74%
46% 47%
•65
*97
86
97
12% 12% I214 12%
68% 68% *67
68%
28% 2934 29% 2914
85
99
13
13%
68% 69
29% 31%
Bio Grande Western...
Do
pref
J. & G. Isl. V. tr. ctfs.
St.Do
Ist pref. v. tr.ctfs.
Do
2d pref.
v. tr. ctfs.
"
Feb 5 70 Feb 6
Feb 16 9759 Mar 8
779 Jan 21 14% Feb 9
1,500
4,000 58 Jan 29 73 Feb 8
7,100 20 Jan 4 31%Mar22
65
200 93
Deo
95% Deo
§78 Deo
5 May
38% May 64% Deo
1159J'nel 21% Deo
43% Jan
80
80
Jan
BANKS AND TRUST COMPANIES—BROKERS' QUOTATIONS
Banks
MBW YOEE
Banks
Bid
Aslc
Bid
Banks
Ask
Bid
Banks
Ask
Banks
Bid
Ask
Banks
Bid
AsIC
100 105
Phenix
Mutually
160
187
Irving
Bid AsU
500
PlazalT
190
CITY
...
Fourth
206% f Leather Mfr. 230 250 Nassaul
Prod ExchU 160
New AmstH. 850
400
Liberty
America If .. 480 600 Columbia 11..
Gallatin
400 426
225 240
Republic
New Y'ork Co 1600
826
Lincoln
Amer Exch. 236% t Commerce... t325% 328% GansevoortU 100
River.sideH .. 210
N Y Nat Ex. 1J;5
ManliattanlT. 285
Continental 145
Garfield
Aator
600
400
350
Seaboard
New York... 3J:5 345
Market cfcFul 245
Corn ExchlJ. 380 390
300
German Ami 135% t
gp-weryjl
660
Second
19th WardH. 110
Mechanics'
t229
Domes Exch
103
German Exi 275
Broadway
245 260
185
Seventh
Ninth
tl06
Mech & Trail 105
j&iitch's & Dr 90
East River.. 144
GermaniaH
600
Shoe&Leth. 106 115
North Amer. 216
225
Mercantile
pntral .
11th WardH. 150
Greenwich U 165
180 190
350
Statell
OrientalH.... 187%
t
Merch Exch 126
FideUtyU.... 230
600
HamiltouTJ .. 156%
^lase ...
t
160
State of NYU 140
180 190
Filth AveU.. 2750 3250 Hano'r (new) 490
atham
312%
>•>•> Merchants'., tl90 190 1( Pacifioll
12th WardlJ. 100 115
490
Park
Metropolis 1] 610
tiemlcal
Hide cfe L'ath 150
4016
Fifth
225
100
23d Wardll..
226
People'sU
Imp & Trad. 535 550 Mt MorrislI 190
First
3600
itizens
152
* Bid and asked prices; no sales were made on this day.
* Ex rights.
§ Less than 100 shares.
U Banks marked with a paragraph (U) are State bants.
t Sale at Stock Exchange or at auction this week.
Prices on and after March 20 are lor "Trust Co. certificates ol deposit."
City
Colonial U
620
300
300
••....
14thStreetTI. 150
. .
.
.
.
||
March
Stock Record— Concluded— Page
23, 1901.]
HTOCKH—JIiaHEST
Saturday
March 10
7S^
41
43^2
8412 841a
(J8
6u
33 '4 34 14
63^4 6334
4434 46
24^8 2514
7934
3fo>nIav
Tiuiflay
WediieKflai/
March 19
March 20
7334
43'4
623+
es^s
I8I4
7212
86
69
34
7914
721-2
72
9212 93I4
85
19
84
86
85 12 80
19
20
34 '8 35
1538
66I2
16^8
ir>^
57
32 «g
55 12 5()
32
32
21 12
20
47 12
46
82
I912 20»8
46
48
331.2
321a 3:1 "a
63 14
62
4479 4534
27i|
26
78
79»8
3134
31
121 122 '-2
I6I2 ]738
32
33
72I2 7212
85 12 86 Wj
igsg
19
34 14 35 14
15^8
153b
85 14
69
33
63
45
26
ti3-'B
55 14 5534
32
32
20
21
4534 46
92'i8
94 14
85
19
34 'a
15
55
86
31
Friday
3:ii4
V
122 'a
721a
3234
721a
92 12 94 14
85'%
85
1934
35'
I518
55I2
19
2018
3538
37 14
15
15
65
5534
3134 32
1918 1934
4534 46
3138 31-38
I912 20 H
4612
46
&
Do
Do
Loaw
Do prof
MUcellancouM.
*165 ]70
100 12 102
•534
26
24
75
'155
6
27
2438
7578
2734
*86
^?
38
194
*36
«193
401^ 4II4
7412 751.,
8I4
8634
6
*27
8I4
3634
6
28
54% 55
*20'2
2418
7514
97 14 9734
1393414034
•12014 12 114
*93
()b
62i<2 G3
102 102I4
12534 12-1-2
*146 148
12I2
7('
538
80
82
38
84
40
85 14
I4
89
41
9734l007g
13934142=8
I20I2 12012
*93
9;
64
6i
IO212IO6I4
I2712 12978
1234.
•8610 86 ^j
44^ 4434
78
467'g
78
47
10234 I03I4
68
102
64
103«8
3434 3538
l04i2l05'-2
§134 9234
37
3704
77
•205
77
207
I6I4
5434
•Sji-j
1634
G538
8
26
50
8014
*16
3014
-"
•7OI2
72 14
J 65
651-2
lolfl
1234
13
74
874
19
19
68I12
142
5812
144
«i8g8
23
73I2
7038
14
73
46 14
208
14V
Br>-\
21(>'4
30
81
82
100
4034
8534
8I4
812
8--'«
3612
361-2
361-2
534
5«8
534
27
56
56
75-34
26I4
•85
27
58-34
87
36
*
6I2
751a
808
7034
579
5»g
30 12
301a 31
*79ia 8II2
8II2 82i2
81
83
100
*97 100
41
41
95 14 9612
4lie
97
161*
I514
ISOfl
86 12
45
79
^^
E.xpre.ss
malgamateU Copjjer...
American Bicycle
Do
2812
78
801a
2bl4
26I4
*85
pref
39 -'g
76«8
9
&
Shares
1,800
20,975
•414
5634
58
8834
1634
7134
16
1512 I512
16
I6I4
70
75
*70
721-2
73 12 {7434
13
I312
7134
13
I312
741a 7534
187, 2014
58I4 5812
751a 7534
•1914 20
58I4
58
14L'
145 ?140 1441a
8914 8934 a;87i4 88I4
583^
14,-)
89 '4
701a
871
1318
75
1913
581a
138
71
74
68I2
American Cotton
Do
33,295
4,700
Oil
Do
534
27,980
18,,mm0
pref
Do
pref
Do pref
593, Amer. Sraelt'g
96 14
Do pref
&
Refln'g.
500
36,260
9,715
200
American Snuff
204
835
695
American Woolen
pref
6,000
Anaconda Copper
Brooklyn Union
i-un.sw. Dockcfc C.Inip't
&
Colorado Fuel
Do
Col.
&
pref
Hock. Coal
Iron...
&
Iron.
(N. Y.).
Consolidated Gas
Continental Tobacco
Do pref
Oraoibl* Steel of America
Do pref
Detroit City Gas
Federal Steel
Do pref
Gas <fe Elec. of Bergen Co.
General Electric
Glucose Sugar Refining..
Do
16,830
27,130
200
4,300
35,673
39,355
4,820
376
900
32,470
62,088
1,600
6,960
560
200
pref
Dec
Pullman Company
414
500
561a
21,8,50
4 '4 Standard Rope <& Twine.
573sTenn. Coal, Iron <fe RR...
Texas Pacific Land Trust
15»8 leio Union Bag(& Paper
Do pref
7434 United States Express...
13i« United States Leather
Do pref
76 »8
lO'^, United Stat«8 Rubber
691-2
Do pref
71 7.
191a
*5Sia
87 14
8734
893«
4'
121a -Tan 23-3»Nov
573g J'ne 72 Dec
30 J'ne 3734 Apr
8834 Sep 100 A5r
2475 Jan 37 Nov
(142 Mar 191 Dec
SOViMar22'
Mar 9 31V2Jan 3
Mar 1 91 la Jan 8
Jan 30 37 Feb 28
Jan
3412
67 14
1
413« Maris
7734 Mar22,
Feb 21
Mar
4
27i2J'ne
Feb 1
Feb 26
88 Feb 26
26 Mario
741a Mar22
23 Jan 18
69 Jan 18
38 Jan 21
83-34 Jan 21
24
2734
65I2
I3I4
70
6 Nov 16i4^e>
34ViiDec 60 Feb
734 Jan
3 J'ne
187, J'ne SlHiJan
34i2J'ne 561s Dec
85 J'ne 99 Nov
Marl
Jan 15
Jan 16,
Marl9
100
26
82i4Marl9:
||43i2Mar20
17 J'ne 60 la Feb
Mar20 64I4 Sep 86 re>
531a Feb 11! 28i2J'nc 697gApr
Feb
11109 Mar20, 69 Vj J'ne 95
14734 Jan 2 95i4Mar 149 De'c
124 Mar 7, 107 Mar 118 J'ly
^97 Feb 6 487 Sep ?98"2Jan
79 Feb 25 18 J'ne 57i«Drffc
7034 J'ne 92 Dec
11114 Mar20
1297gMarl8 84 12 J'ne 114*8 Dec
147 Marl? 128 May 140 Feb
1193
Maris
Mar22
217, Jan
7678,Tan
21i4Dec
§
2
Dec
76
4034 Jan 21 493feMar 5 3778 J'ne
Jan 18 208 12 Mar 8 140 .Tan
OiaJ'ne
834 Jan 19 1434 Mario
4134 .tan 21 o63gJan 2! 2914 Sep
TT7ells. Fargo * Co.
est'n I'nion Tc-le'gpli
Marl9
Jan 18
Jan 18
3834 Jan 4
93 14 Jan 2
25 Feb 20
81 14 Feb 26
88 Feb 19
41 Jan 29
68 Jan 21
72 Jan 2
I8312 Jan 10
45 Fob 16
116
14
187
49 la Apr
60i2.T'nfc
5ie
45''8
Jan ?150 Nov
Dec 901a Nov
Dec
Dec
54 7, Apr
183 Dec
le'g Jan
561a Dec
131 la Jan
21 Apr
221a
7634
122 Jan 14 117 Oct
1878Marl9i llia.J'ne
2I6-34 MarlS; tl64 Sep 201
'
48-''8Feb27
108i2Marl5
277gFebl5
70
May 96
Sep
84
Blarl.^
8fl34
Marls;
89
59
Jan 2
1110238
Mar20,
2834 J'ne
6O34 J'ne
86I4
Mar22
Feb 2d
Jan 2
93-34 atar 5 9734 Jan 5,
20 Jan 22 28 Mar22
69 Jan 21 80 Mar22
5479 Jan 2 74 Mar 8
5I4 Feb 7 11
Jan 5,
24'g Jan 22 31
M.'irl9
74 Jan 24 8234 Mar22i
70 Jan 18 85 War 5l
96 Jan 21 100 Feb 28,
37 Jan 21 43 Jan 5
92 Jan 2 9512 Marll
15 Marl4 20i2Jan 2
82 Jan 12 92 Jan 2
40 Jan 7 50 Mar21
7212 Jan 3 84 Mar21
37 Jan21 ||53i2Mar21
90 Jan 21 ill 15 Mar20
51 Feb 28 7018 Feb 6
93 Jan 9 ||lUi2Mar21'
15012 Jan 25 10479 Marl 3
73 12 Febl4 89 Mar22,
6I4 Feb 4 10i2Mar2l!
3310 Mar21 47i4Jan29,
218
53
9534 .Tan 21 108i2Marl9:
90 '2 MHr22
30 Mar 7
94
52
Marl9
Jan
2
Nov
21i2May 4OI4 Dec
64
120
44
92
Nov
9812 i'ne
58I4 gee
79 la Dec
May 81
i'ly
Jau 200
D^c
Mav 60
Nov
Mar
Nov
Dec 103 Nov
14i2Mar 267gNov
58
24
J'ne
314
Aug
38
76
Dec
Dec
65
May
75
Dec
Jan
Dec
77i2Dec
80 Jan
100 Jan
5534
107g
2934
96 Jan
23 J'ne 401a Nov
79ioJ'ne 96 Feb
157g Aug
A UK
83
32i4 0ct
2Si4Feb
lOevjFeb
46 Nov
egiaOct 76i4 3irov
20 J'ne 53 v Feb
Feb
7934 J'ne 97
4079J'ne 6978 Dec
8634
llie
May 110512 Dec
Sep 175 Nov
678J'ly
2534 J'lje
Feb
Nov
9
57
81 -'8 Oct llliaApr
74 Jan 74 J»n
32i2Sep
5834
J«n
72 >lar 5 l»3i2Jan 2 7034 Sep 89 la Nov
066 195 12 Jail 21 20534 Mar 8, 176 J'ne 204 Dei
334 J'ne 27 la Feb
9,693 1278 Jan 22 ISiaJan 2
8,516 66 '4 Jan 21 6834 Mar 7 49 Aug 7034 Feb
v. Jau
66 Dec
65i2Jan
59
la
7]
14
64 Jan
2.100 19V Feb 6 29 3Iar22i 171-2 Oct 26 Nov
2,991 651a Jan 22 77iaMar22 59 14 J'ne 71 Nov
17
Republic Iron & Steel.
Do pr
67
67 "2
pref.
»61ia 63 Silver Bullion Ccrtifs...
29
loss-Sheffield
St. <fe Iron
271a
7712
74
Do pref
13
75
Marl
8934
6
420 175
Gtas..
1678
7112
«71ia
67
24I2
26,900
Do pref
29,020
American Steel Hoop
17,876
Do pref
American Steel <fe Wire.. 36,375
19,585
Do pref
American Sugar Refining 299,115 131 12 ,ran21
600 II712 Jan 3
Do pref
1,360 ?94 Jan 7
American Tel'^h & Cable
13,545
55 Jan 4
American Tin Plate...
5,740 87 Jan 19
Do pref
169,930 11012 Jan 21
American Tobacco
100 137 Jan 2
Do pref
Do
Mar
934 Mar 5:
Jan 24
31 Jan 24 39i4Mar 1
900
412 Feb 4
OVSrarlS'
3,050
2,525
American Malting
27
6 14
Marl 2 111
150 86
200 34
985 n69 Jan 12 1961a Mar21
pref
American Linseed
37
143
87 14
27i4Mar22
27i4Mar22
919
203
1338
7514
20
6412 Maria
49i4Jan;-!l
2834Mar2l!
77-'4
534
414
e-i-.
2414
84 Sep 78 Dec
31i4J'ne 56 Dec
834 J'ne 18i2Dec
217, J'ne 45i2Der
303gJ'ne 4534 Dec
lOSgJ'ne 23-38 Dec
49 14 J'ne 731* Dec
13i,J'ne 2634 Dec
35 14 Marl 5)
an 3
.Tan 4
.Tan 21
.Tan 21
878
27
58
414
,7
4
4
Highest
8»8 J'ne
88 Marl2
727eMarl3i
2
.Ian
.Tan
.Ian
5319
17
41 12
4934
18
>lar21
76 14
37
66
Jan 29 74 Mar 8
12 Jan
4 4758Marl2|
Marl 4
.3938
3612 37 14
'534
6
5612 5712
I
10 §145 Jan 8 5165
62,694 8:534 Jan 21 10334
27,665
International Paper
29,755
Do pref
8,300
International Power
6I4
1,500
638
6
ov 0-34 International Silver
6'a
3078 31
3,400
3012 31
Internat'l Steam Pump..
301a 31
1,150
8234
81
81
81
Do pref
81
81
*81i2 82
1,800
8H2 82
Laclede Gas (St. Louis).
*95 100
100
*97 100
Do pref
41 7i l^ational Biscuit
7,830
41
42
41
41 «8 42
•9513
l'
*95
*95
9612
Do pref
96
96
*15i8 16
1512 1512 National Lead
•lyia 1534
1,400
674
8534 «83i4 83 14 •8234 8.-)34
Do pref
85
46i«
C,«10
44
48
4S34 National Salt
47
50
*80
*78
3,210
791-2 84
Do pref
7912
82
52 '8 53 14 115238 5312 II5214 53 National Steel
20,'J50
10.480
III2I2II5 I||113i4ll4 ||113ia 114
Do pref
60 '4 National Tube
13,950
61
II6OI4 61
1160
IJGO
II4I2
IIIOI2II4 11114
Do pref
17,380
114't,
"H^ 165
'155 165
*155 165 *15o
New York Air Brake
7734 7734
89 North American Co., new 10,446
84
76
84
Ontario Silver
800
91-2
IQia IOI2
91a
34-<4 35 -2 PaciiicMail.
331-2 343,
4.010
8439 343g
eop. Gaa.L.<fe C. (Chic.) 106.H50
e
10534 10734 106 IO8I4 lOO-Si 107 12
90 '•2 91 Philadelphia Co
9,933
9138 91-34
9012 92
36I4 Pressed Steel Car..
36
2,730
3618 3778
35
36
7612
Do pref
1,200
7738 7738
7612 761a
751a
412
3
21
Lowest
878
6
750 28
American District Tel' gli.
American Express
407, Ampjicau Ice
•27
27 '2
57 12 6.834
96 14 97
58
Year (1900)
HighMt
Lowest
420 79
12,6L'r,
15,3.=i5
II
56i« 57I2
*30
31
*16i4 16
*71
7212
66 50914
1208 I318
74 12 74 12
187e 1878
for PrtvUmt
'
basin of 100-share loti
Foundry 48.070 19
pref
Dri
87
n95" 19612
39-38
Adams
25 >4 2714 American Car
777,
26»,
85
85
4-114
44 14
79
77
49 la 5218
47
497e
103S8 107
107 11134
54 14 57=8
5934
58
10312 106
I0512IIOI4
155 165
78
79
7734 78
9I4 10
10
10
3434 35
34 12 3434
105-3410814 106121081a
93
93^8
93
94
38
38
3734 38 14
77 14 7734
77 14 77 la
*205 207
204 206
204 204 5205 205
I6I2 17
16-'^ I718
I6I2 I718
16«8 17
6534 66
66
67
6634 67
661s 67
*61i2 03
*61ia 63
*61ia 63
25
26
25
25 12
26
26 "a
2678 271a
72 12 73 13 x71
7312
72
73 14
731a 73 12
141
887|,
23 12
74
568
*95
15
96
2834
28
24 14 24 7g
86
3912 4038
75I2 77
41
771$
«6l2
28^2
94I2 97
a;95i-j
95
26
la
8118 82 14
79
81
75
78
741a 76
4018 42 14
4134 43V 114134 427,
114112 42I2
85 12 8934
i|91l2 9278 119112 921a
897g !i:i
4II4 43
42 la 4 3 la 114212 43-3, 1142-38 4334
IOII4IO5I2 10514109
1108 10878 III07I4 107'13934 I4418 14178 1437g
141 I42I2 139-'4l42
123 12334 124 124 *123 124
a21 123
*95
95
96
96
96
97
96
S96
7OI2
71 '2 11701a 7934 1170
68
6978 1170
107 11134 113 114
|114 114
12734 I2912 12618 128'2 127 128=8 I27I4I28I2
147 147
I412
14
14
I418 21434 1434
131a 1312
7()ia 71
71
70
71
70
701a 7012
46I4 4612
4513 46
4538 46I4
4534 4,534
205 205 "204 208 *200 207 *203 207
1234 13=8
1373 143^
1434
1334 1414
14
4734 4934
4734 491a
49
5034
48
491s
*110 120 *116 120
116 116
17I2
I714 18
18
1878
IS -8
18
17'a
2IOI221434 211 214
21312216
210 21:;
4 6 '4 47
45 7g 4612
4534 46
45 ig 4579
1031-2 106
104 105
104 IO4I2 10412 104 "a
2534 2534 *2534
26
26
426
26
*83i4;'.!!
*
*83ia...
83 12
"89 i^ 89 12
89 14 89 12
4634 49I4 1148
4912 II48I4 49
II4S12 49
1100 10238 1101 10134 IIIOII4 102
9478 99
86 14 86 14
855, 86
86
86
21412216
215 216
215 21634 215 216
47 14 48
4734 4734 ?48
9512 95 12
48
*96i2 97
*94
90
98
96
2234 22-\
2234 25
25
23
23
28
73 12 74
*73
78
74
74
7734
80
71 14
7038 71 »8
75''8 71
70
71
72
*46i2 48
•9414 96I4
4038 401-2
*e6
86
I62I2
101 14 102 14
26
§5
211
5-\
534
*34
36
195 12 1951a
165
lOO'e 102-38
6I4
6
28
25
9434
4638 48
'118 125
I8I2
18
2111-2214
21412 21634
46 '4 40 7g
4634 47I2
1071-2 108
I0712 10812612 2612
*84i2
*84
85
89
8912
8912 8934
42^8 44
4578
44
8934 9014
947,
*29
30
*79
81
80 12 801-2
•97 100
*155
75 12 7612
2638
26
87
36
198
55 '2
46
125
I712 18
2812 2312
73=8 73=8
70
7118
5534
*26i2
24I4
-27 14 28
451-2
212
0-'4
?36i4
3634 3(i34
'578
6
2712 2734
•118
ail
6I4
2612 261-j
24 14 2434
7569 7034
2638 27
27 12
27
*85
*85
87
36
3(:
36
194 ?195i2 '193
40 '2 41=4
4018
7612
7558 77
81.
8>4
8
14
73
45-4
45
208
208
ll'a
>
27I4
2412
56
9413 96
75I2 77^8
3638 38
82
K234
381* 39
'155 165
10078 102
165
10034 10134
55
941a 95
46
208
155
1G5
101l4lO'Jl-2
6
61l
HiKange
for Year 1901
Ii<i''ig^
(/ii
7812 791*
Do pref. \iit. tr. ctls. 52, :;;•!•_' 67 14 Jan 21 81SeMarl9
113,145 23 14 Jan 3 32i2Mar2l
3134 32 12 '^Pexas & Pacific
533 118 Jan 3 129 la Jan 9 45i4Mar 1351* Jan
Ihlnl Avenue (N. Y.)...
I6I4 167, Tol. St. L. <fc W. V. tr. ctf.s.
9,994 1034 Febie 19 Marl 3
5,140 30 Feb 15 36 Marl2
32 14 3234
Do pref. vot. tr. ctf.s.
1,000 6534 Jan 21 73i2Mar 5 eiiaJ'ly 70i4Dec
Twin City Rapid Transit.
100 147i« Jan 30 14734 Marl 9 136 Jan 1 46 Dec
Do liref
9234 94
Bion Pacific Railway. 270,429 7814 Jan 4 97 '2 Feb 7| 44 3, .Tan 81 -38 pec
UBioi
21,365 81 S Jan 21 9934 Feb 7 70 1-2 J'ne 8538 Dec
8434 8578
Do pref
53,020 11 1« Jan 3 207gMar22i
eiaMar 14 Dec
I912 207, Wahaah.
172,190 2334 Jan 4 40i2Mar22! 16 Sep 27 Dec
37 ig 40 '-2
Do pref
6,150 1138 Jan 31 ]57gFebl6!
1514 1538 Wheeling <fe Lake Erie...
8 J'ne 13i2Dec
2,665 53 14 Feb 1 60 Feb 7 4412 Sep 9812 Mar
5512 66
Do Istpref
8'
27
2,800
Jan
343.
Feb
3319 Mar
21
21»8J'ne
32
32 14
12
2d
pref
Do
1938 2012 Wisconsin Cent. v. tr. cfs. 23,466 I4I2 Jan 21 217tMarl4 10 Sep 2034 Apr
47 14
46
Do pref. vot. tr. ctfs. 7,090 38 >a Jan 17 4834 Marl4 30 Sep 67 Apr
1-.
32 12
123
I512 161a
32
f65
Week
I
11,475
63
63 H
146,845
45 V 46 7g Southern Pacific Co
26»8 27 14 Southern voting tr. ctfs.. 2.">8,215
26''8
78
the
St. Law. <fe Adlronilack...
S. Fr. vot. tr. ctf».
St. L.
1st pret V. tr. cf«.
2(1 prtjf. V. tr. ctfb.
69
^Southwestern..
3334 St.
6812
3
2
Sales of
EXCHANGE
72
72
42 12 43 14
85I2 86
42-34
33 12
64
14734 14734
9434
93
15^8
85>4
68
72 12
9II2 921^
72
69'
317g
31
121 121
16 "8 I712
33^8 34«8
122
35
35
80
72
42
68I2
46'«
STOCKK
NEW YORK STOCK
March 22
'41
6934
4634
2634
81=8
251-2
7978
3134
I714 181s
341^ 3434
193$
69
33
63
45
Thurxday
March
72 14 73
42 14 43 1«
*85
87
72 12 7234
42 13 43 12
44 '8 45'8
25 14 2534
30 '8 3II4
31
•120 1221-2 »120
1734
AND LOWEST SALE PRICES
March 18
73 14
41
?86
67
32 14
9
..
.
1-;
31-2 Mar 6
4938 Mar 7
19 Jan 18
1278 Jan 21
Feb 11
Feb 5
32i4Mar 6'
IS Jan 4
7438 Jan 2
"^ Marl 9
•/o
15 Feb 9
79 Jan 2
34 Jan 2
85 Jan 2
57s
6734
41-2 Mar
1014 Jan
49 Oct 104 Feb
18i2J'ne 21*4 Dec
10 J'ne 25 F«b
100
2,110
56I4M8V 7734 Feb
700 69 '8 .Ian 29
M5 Mai ;.^934Dec
6,382 J 53 Jan 26
J«B
T»«,Tu«- 19
23,096 11 Jan 21
65 J'ne, 7914N0V
6,935 73 Jan 21
Jan
J'ly
44
21
3.830 181a Marll
7412 Di'C '104 4 Jan
1,860 571a Marll
103 ?130 Jan 11 J144iaMar20 120 J'ne 140 Dec
28,880' 81
Jan 21 91 Feb 13 77if J'ne gS^tJan
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Banlis
Banks
YOIIK
CITY
Sid
Ask
Union SqlJ... 235
West SideTJ.. 390
Wo.tlern
510
Yorkvilloif
..
Kings
*
t
Bid
Bnnks
Ask
.
i
110
110
Manufactrs'. t286
205 14
t
Mcchdt Trail 270 300
Merchants'. 100
230
225
BtoadwayH.. 250
..
100
300
Coll... lllig
JMechanicstl
BedfordlT
.-.
loth AvenueH
First
I
BROOKLYN
BrooklyuTi
ftliWardlf
Bid
Ask
Trust Co's Bid A.fk
Trust Co's Bid
Central Tr'st 1990 2010 M<irtonTrust,710
'
Ask
!
Trust Go's
j
NEW
W
Nassau
35OI4
NatCitv....
280 14
175
190
North SideU
People'sll...
Scherm'h'n U I7OI4
17th WardU. 105
Spragiio
26th Wardn. iio"
120
Unionlf
105
Wallaboutli
.
116
210
Continental
Farm
400
I.oA'n- 1501
Fifth.A.veTr 530
Guaranty Tr 600
Knick'rb'k'r 625
N. Y. CITY
Muuhaltau .. 360
Mercantile .. 810
AthintioTr.. t250
Bowl'gOreen 185 ieo" Merchants'.. 316
Metropolitan 600
C'lR'tyB&Tr 360
Trust Cos.
NYLI&
City'IYust... 1370
Colonial
t396
Tr 1325 1385
N Y.Sec&Tr'800
!
t
BKOOKLYW Bid At*
Tr 410 426
Broolcli-n
'North Auier. 1270 272 V
Real Est Tr't 350
StandardTr't' 320
IP"
4SS
1
I
|Tr Coof Am.|217
J225"
......
Coof N Y
Union Trust 1402
'l-SMt£rATr 440
I'r
I
Unit Slates .'1678
Waahington. 300
200
W.I^jtiusb't
Bid and asked prices; no sales were made on this day.
marked with a paragraph
i IjCss than 100 shares.
t Ex rights,
f, Banks
Sale at Stock Exchange or at auotiou this week,
Prices on and after March 20 are for "Trust Co. certiUcates of deposit,^'
jj
(H)
J'-.'O
are Stat* b«ak«
A
JJ
J
8
New York
Stock
ExchaDge— Bond
Record, Friday,
;
Weekly and Yearly
OCCUPVIXG FOUR PAGES
BONOS
Price
STOCK EXCHANGE
Week Endino March 22
N. T.
^2;
TJ
1904 Q-F
S 5s coupon
S
Mexico
of
106
106'al0634 10638
8 f
g 5s
of
1899
1906
106%
Con ext guar 4128
gl9H)
Cent Pacific See So Pacilic Co
10534 10534 Charles* Sav Ist g 78.... 1930
IO912III
Ches <fe Ohio g 68 ser A../il908
2 IO5I4 10638
Mar'Ol
112
12 11012 112
110
113
110iall2 111 Mar'Ol
113 11334 113 Mar'Ol
114
114 114^4 114
1381413834 1 37 'g Mar'Ol
I38I4 13834 138 Mar'Ol
IIIV2II2I4 lllTgMar'Ol
Ill's II2I4 llO^^Feb'Ol
1906
1906
1920
Cnrrency funiiing 4s
1924
Diet of Columbia 3 O.'is
Louisiana new consol 48.. 1914
Small
Missouri funding. ... 1 894-199r)
North Carolina consol 4s. 1910
Small
1919
es
1933
So Carolina 4528 20-40
Q-
art pr
109
J'-
11412
11334 II412
137 12 138
13734 138 "2
Ul'slll^s
110
IOSI2IO8I2
Aug'98
J
103
J
110
123 "a.
107
121
J
Apr'OO
108 Aug'OO
loo's Feb-99
.
J
J
J
106
A
136
110
J
I36I3 Mar'Ol
.
120
96
Mar'OO
96I4
9612.
*
Feb '01
105
.
96 14, 16
Feb "01
96
.
95«8 Mar'Ol
95'2.
IOI4 Mar'Ol
10
Railrond
See So Ey
laba Midi See Sav Fla &
Albany & Susq See Del cte Hud
W
5c^PennRR
AUeg & west See Butr R & P
Allegheny Valley
AmDock&Im
;SeeCentofNJ
Ann Arbor 1st g 48
7il995 Q-J lOOiizSale 10014
Atch T & S Fe gen g 48.. .1995 A-O 104% Sale IO4I4
1995 A-O
Registered
Adjustment g4s
ft.1995
Registered
7il995
Stamped
Equip tr series
7i,1995
A
Nov
Nov
Nov
104
,
9414 Sale
102
54
10434 355
Feb "01
9434 199
94
7934 Dec '99
9314 Mar'Ol
e os...l902iJ-J
St l.ouis 1st 6s..l915iM-S
Chic &
Atl Knox& Nor 1st g.Js..l046|J
Aljanta * Danv See Soutli Ry
Atlanta <ft Yadk See South Ry
See Sou Pacilic
Austin <& N
Creek & S See Mich Cent
Bat
alt& Ohio priorlgS^aa. 1925 J-J
Registered
7il925 Q-J
Gold 4s
A1948 A-O
Registered
hl948 Q-J
to
conv
deb
48
1911
Subs
101
lOSia.
Deo '00
105
W
pl925 Q-F
Registered
1st gS'aS... 1925 J-J
M&
10434 Sale
91
"91" Sale
ft,1925 Q-J
Mon(m Riv Ist gu e 58. .1919 F-A
CenOhioR 1st cg448..1980 M-S
Beech Creek See N Y C &
BeUev <fc Car See Illinois Cent
Boone Bridge See Mo K & T
97
9515
IO414
104
103
91
97«g 201
3
9512
105
Mar'Ol
Mar'Ol
95
9512
109 lOlifllOS
95'-!
102
102
911* 52 89
901a
97%
9138 317
H
Bklyn
Bruns
<fe
Montauk
West See
.'>*'«
Long
.Sav Fl & W
&
N Y <& Erie See Erie
R & P gen g 5s. ..1937 M-S
.120
Debenture 6s
1947 J-J
All & West 1st g 4s gu.. 1998 A-O 10034
Clcfe Mah Istgu g 5s. ...1943 J.J 125
Roch & Pitts 1st g 68. ..1921 p.A 128 130
Consol 1st g 68
1922 J-D 129
Buffalo & Southwest See Erie
Buffalo & Susqu 1st g 5s. .1913 A-O
1913 A-O
Bur Cedar H <fc No 1st 58.1906 J-D
1st
col
Con
<fe
trust g 5s.. 1934 A-O
Registered
1984 A-O
Feb '01
115
117
103 Apr '97
130i4Feb'01
130 Feb '01
130
130
I3014
116»«
130
Nov'99
100
Registereci
IO7I4
12513127
IO7I4
12712
2
106%107i2
20 Il9ial27i2
117 Nov'OO
llSiaDec'OO
W
O R I F & N 1st gu 5S.1921 A-O lU
M*StLlstgug7s....l927 J-D
1908 J-J 107
Canada South 1st 58
2d 5s
1913 M-S
Registered
1913 M-S
Carb <fe Shawn See 111 Cent
CaroUna Cent See Scab <fe Roan
Carthage <6: .\d *ee N Y C &
Oed R la F <t N Sf e B C R & N
Cen Branch
1st g 43... 1948 J-D
Central Ohio See Balti <fe Ohio
Cen RR <fe B of Ga col g 5s 1937 M-N
Cent of Ga RR 1st g 5s..iJl945 F-A
Registered
1945 F-A
Consol gold 5s
1945 M-N
Registered
1945 M-N
Igtpref income g 58
}Jl945iOct
2d pref income g 5s
J3l945 Oct
3d pref income g 5s
pldio Oct
Mac ANorDiv 1st g 68.1946 J-J
Mid Ga& Atl Div .58.... 1947 J-J
Mobile Div 1st g 5s
1946 J-J
Cent of N J 1st consol 78. .1902 M-N
General gold 58
1987 J-J
Registered
ftl987
IO7I4
1271a
IO712 107
108»4 Sale IO8I3
Sale 108
108
106%
10712
10834
10712
lOSialll
108 108
108
H
Am Dock
(fc
Imp gu
58. .1921
?.1
96
Feb '01
94
119
120
92
100
991*
96
119
Feb'Ol
lOTi^Sale 10514 107 1«
96 Oct '00
7314
72
73 12 72
3612
35 Sale 35
17V,
I8I4
18 Sale
95 Dec '99
102 J'ne'99
107
106 Oct '00
107 108 1071a Mar'Ol
134 133
13334
131i«
1311a 13112
114
116 Mar'Ol
267
78
268
26
9414
100
120
971410718
60
20
8
7314
36'2
19>2
Dsa Con Tr Co 1st g 5s. ..1933 A.Q
Den Tram Co con g 6s. .1910 J-J
112
117
110
110
115
Mar'Ol
W lstg5«
Dak& Gt Sog5s
1916
1924
1910
1st 53
1910
Exten 1st 78
1908
Lacrosse & D 1st 5s
1919
Mineral Point Div 5s. ... 1910
So Minn Div 1st 6s
1910
Southwest Div 1st (Is
1909
96
J'ne'OO
No price
Friday; latest
109
iW
Mar'98
.
119
121%
Mar'Ol
12134
11934
IO8I2
10712 Sale
11934
IO712
9412 Aug'OO
104'2
103
8
Nov'OO
IO6I2 IO6I4 IO6I4
104 101 12 Feb'Ol
101i4AT)r'99
10412
10034
100% 101
105 '2
10534 Jan '01
9312 Mar'Ol
9214 Sale
921
9234
"8434 Sale"
8434
85
109
102
Sale
101
102
10334 Sale
15% 116%
.18% 119
120% 122
1 11934 11934
59 104 108%
104% 106%
106
101
100
103
22 100% ioi%
IC534 10534
92% 94
17
91% 93
242
83% 86
IO914
16 108% 109%
10212 Mar'Ol
10434 Apr'OO
101% 102%
109
102
10334
Mar'Ol
10334
102 102%
3|103%104%
..
11618.
11334 Nov'OO
106
107 Mar'Ol ... 105%107
112% Mar'Ol ...112 112%
.
112%.
112%.
11112 113
12012
II312
llli«J'ne'99
100i2 0ct '00
157'a 165'2
112
112
121 Mar'Ol
II3I2 Mar'Ol
140
13912 Mar'Ol
125% Sale 125
125 1»
115
Aug'OO
124
126
1221a
12234
123
125
123
110
115
110
110
II5I2II4I2 Mar'Ol
185
9,1141%
10|ill0
121
113
165%
112
128%
113%
135% 139%
115 126%
10 11234 125
115 122»4
6 1106% 110
111
....
Mar'Ol
113
114%
184
185
172% Apr '00
188% 190
182% 188
190 Jau'Ol
184 la Mar'Ol
115 .... 11434 Mar'Ol
113141131a 1131a II312
11434114%
112% 114%
1051a Feb '98
126
Mar'Ol
110% Jan '01
187 Jan '01
118% Jan '01
119
II912 Mar'Ol
119
Milw<fe Madison Ist 6s..1905'MNorth Illinois Ist 5s....l910M.
Ott C F & St Paul 1st 58 1909 M
Winona & St Pet2d78..1907lM
<fe
Ashland Div 1st g 68..1925,M
Mich Div 1st g 6s
19241 J.
Convertible deb 68
1907 FIncx)mes
1911iMChic Rock Isl & Pao 68. ..191
Registered
1917
General gold 48
1988
125% 126
110% 110%
185%
117% 1184
110% llOi%
117% 119%
117 117%
117% Jan "01
11934 120
120 Feb'Ol
10
119
119%
119
121i2Mar'01
122
13934 141
1401a Mar'Ol
108
107% 108
108
107% 107%
107% Mar'Ol
109 112
112
112
107 Mar'OO
100% IIOI2 33 109% 110%
103 Nov'98
1163* Mar'Ol
115 116%
111 Oct '00
io8% iioii
110% Mar'Ol
107 Dec'OO
IIOI2 Mar'Ol
108 110%
106 Dec'99
iie" ii?"
117 Mar'Ol
11734 Feb'98
124 125%
124 Feb'Ol
122 12 Jan '01
122 122%
107
110
117
.
11034.
iif"
124
123
125
125
1095('8-
110%.
122%.
138%.
m%
113
111
Jan
'01
111
113
26 111
113
111
111% Apr'OO
120% Nov'OO
138
138
126
126%
1421a I4212 139'2Apr'00
136% 138%
123% 127%
140%
107%
14234 142%
107%Feb'01
iJ?8%i42S!i
110
118
1301a 133
130 183
112 Nov'99
130'2 13012
130 Nov'OO
10334 Sale
108% 10334
107% Nov'OO
126
.
M
110
M
115% 116%
119
118
I2112I24
Registered
1988
& Ft D 1st 48.. ..1905
2103
1st
1905
Extension 48
1905
Des
119
119% 122
1171a
14118
Gold 7s
1902
Registered
1902
Extension 48
1886-1926
Registered
1886-1926
General gold 3'28
1987
Registered
»1987 Q
Sinking fund 6s. ..1879-1929 A
Registered
1879-1929 A
Sinking fund 58...1879.1929;a
Registered
1879-19291
Debenture 5s
1909 M
Registered
1909IM
Debenture 5s
192liA
Registered
1921 ASinkiiig fund deb 5»
1933 MRegistered
1933|M
Des Mo <fe Minn Ist 7s.. 1907 F-
126
110% Jan '01
11012
Minn Divgos. ...1921
LS
127
110
'118
122% 122%
13
137i2J'ly'99
1351a
I&D
130% 131
io7%iid"
99% Feb'Ol
86% Aug'OO
99% 99%
97 Dec'OO
II2I9 11212
iu%ii2%
140%
140
140
107% 107%
140%
14012 Mar'Ol
134% 141
134 140%
on Next Page.
Street Railway
107»4 110% Met St B-j— (Continued)
Lex aV&P Flat gug 5s 1993 M-8
Registered
1993 M-S
Met S El (Chic) 1st g48.1938 F-A 100
MU El Ry <fc L 30-yr g 58.1926 F-A
Minn St Ry Ist con g 5s. .1919 J-J
St Paul City Cab con g 68.1937 J-J
122% Mar'Ol
W
Guaranteed gold 5s
1937
Third Ave 1st gold 5s
1937
Ist con guar 4s
2000
Union El (Chic) 1st g 5*. .1945
Chic St 40-yi- Ist cur 68.1928
W40-year consol gold
J-J
J-J
J-J
A-O
M-N
53. ..1936 M-N
120
27 117%122%
Gtes and Electric Liffht
120
1 120 12234
119%Deq.'00
Atlanta G L Co 1st g 58.. .1947
:i2T 123
1^3%
"rts
122% 126
XJ Gas tr ctfs s f g 58.1939
klyn XJ Gas 1st con g 68.1946
bid and Mked this week, a Du« Jab 4 Dub Apr « Due May g Due J'ne
Bway(fe7thAvlstcg58l943 J-D
Registered
1943 J-D
Col (fe 9th Av 1st gug 58. 1993 M-S
Eeglatered
1993 M-8
*
assu g 6s
AD Div Ist 7«
Keok& De8Mlst5s....l923
111 116
103%Mar'01
102 103%
Sale
99% 9934 101 98 101%
Sale
89
16
88%
88% 90%
MetRyCo
1st gug 6s.. 1911 J-J
LonisRy Co Ist con g 5s. .1930 J-J
.Market St C Ry 1st g 6s. .1913 J-J
-Met St Ry gen col tr g 5s. 1997 F-A
1921
Chic & St L 5eeAtchT&SaFe
106^810712 Chic St L & N O See lU Cent
127 I3718 Cliic St L <fe Pitts See Penn Co
Chic St P
<fe O con 6s... 1930
127 137
113 115
ChStP& Minn Istg 6s 1918
Jan '99
Mar'Ol
*120
P
<ft
anSCEULANEOUS BONDS—Continned
Street Railway
Brooklyn RapTr g5s
1945 A.O 110
Atl Av Bklyn imp g 53.. 19341 J -J
Bk City 1st con 5s. 1916, 1941 'JBk Q Co (fe S c(m .gu g 58.1941 M-N 103
Bklyn Un El 1st g 4-58. igno; F-A 99%
Kings Co El 1st g 48.. ..1949 F-A
89
Kassan Elec gu g 4s
1951 J-J
City & S Ry Bait Isf g 58.1922 J -D
116% Mar'Ol
108
Chic
West Ist. g 6s 1921 'MEit& Imp8fundg58l929|F
98
11638.
II914.
108
102% 104
10234
119%119%
Mil
UP
10234
118
& No 1st M L 68.. ..1910
1st consol 6s
1913
Chic & N'west consol 78..1915i
Bnlfalo
10234 Sale
118 ....
118 Mar'Ol
I2OI2I2II2 121
121
1161811634 116% Mar'Ol
1910
Mil
Btiffalo
106
12134 119% Jan '01
122i2Jan'01
12234....
Wisife
I
High No Low High
Mar'Ol
106
120
Hast
J'ne'99
Since
January 1
LSuDivg5s....l921
Far* Sou
88% 91%
or
PacDiv6s
Mo Riv Div 5s... 1926
<fe
103-2
9114
May'OO
111
111
Uen 3128...I950
RD
104
Registered
Ask Low
Bid
Sange
Week's
Eange
Last Sale
ChiCife
Chic
Sale
1st
M
Registered
1950
Chic Bur & Q consol 78. ..1903
Sinking fund 5s
1901
Chiccfe Iowa Div 5s
1905
Denver Div 4s
1922
Illinois Div 3128
1949
Registered
1949
105 105
Iowa Div sink fund 5s..l919|ASinking fund 4s
1919; A
Nebraska Kxtension 48.1927 M
Registered
1 927 M
9612
96
Soutliwestern Div 48
1921 JI96
96
Convertible 5s
1903 M
95% 9634
Debenture 5s
1913 M
Han & St Jos consol 6s. .1911 M
71a IOI4 Chiccfe E lUlsts four 6s. 1907 J
Small
1907 J
1st consol g 68
1934 A
General cousol 1st 58
1937 M
Registered
1937 MChic & Ind C Ry 1st 5s.l936 J
Chicago <fe Erie See Erie
Chic In & Lonisv ref 6s. ..1947 JRefunding gold 5s
1947 J95 101
Lonisv N A <fe Ch 1st 6s. 1910 J102 'si 0434 Chic Milwaukee & St Paul—
102 102^4
StPlst78?;gRD.1902
8634 94>4
1st 7s £ gold
1902
IstC & M7s
1903
9i\
90
Chic MU (fe St P con 78.. 1905
Terminal gold 5s
1914
General g 4s series A..«1989
Registered
el989
General g 312S series B.el989
Registered
<1989
Chic<fe
97
M Div 1st g 3 '381925 M-N
SouthwDiv
R&
i02"' i03
Mar'Ol
.
F-
Registered
General gold 4128
Registered
Craig Valley 1st g
A Div 1st con
2d consol g48
Warm Spr Val 1st
Eliz Lex& B S gu
Cliic& Alt RRsfund6s..l903
Refunding g 3s
1949
Registered
1949
V S Trust Co receipts
Miss Riv B 1st 8 f g 68. .1912
3".
Railway
IO9I4 Oct '00
10312.
settleiuent 3s. .1913 J
Alabama Cent
<fe
11312
96i2 9714
of $5 to £.
97'4 Mar'Ol
ices
n the b
log's Jan '01
....
J'
J
Small
Virginia fund debt 2-38.. .1991 J
J
Registered
6s deferred cerlfs
P Jtm
111
Price
Friday
March 22
J
A
al91] A
1939 M
1939 M
1992 M
1992 M
58
1940 J
48..
1989 J
g
1989 J
g 5s. .1941 M
g58..1902iM
Gold 68
1st consol g 5s
105
SlassBos
lass C 4s
N. Y.
<fe
IIII4III34 111
112 Sale 111
hese
State Secaritiea
Alabama class A 4 to 5
Small
Tenn new
Since
or
Government
Forei^rn
TJ
STOCK EXCHANGE
January 1
Last Sale
WEEK Ending March 22
Ask Low High No Low High Central of N J— (Continued)
Le & Hud R gen gu g 5s 1920 J
IO512IO6
Leh WUks B Coal 08.. 1912 M
106^2 10534 Mar'Ol
Bid
U. S. floTemment
U S 28 consol regislored. (11930 Q.J
V S2a consol coupon rfl030 4U S 2s cousol reg small. .rtl9:^(l Q-J
O S 2s consol coup small. rfl9;!0 Q-J
fcl918 ^ir
TJ S 38 registered
H918 Q-r
V S 3s coupon
bonds. .H918 Q-F
2 S 3s reg small
.1:191
Q-F
bonds.
U 3 3s con small
M90" Q-J
V S 4s reeistered
MOO Q-J
coupon
V
0 SS 48
192.5 Q-F
4s registered
192," Q-F
V S48 coupon
1904 Q-F
U 8 5s registered
BONDS
Eange
Weel-'s
Bange
Friday
March 22
101
106
109
101
122% 123%
68 98" ibi**
Oct '99
Oct '99
lll%Jan'01
iii%ii2li
,126
124
125
Mar'Ol
l04% 104%
109% Dec'99
99
124
104%
w
Deo'97
20
20
J-D
J-J
"91^0qt"''98
M-N ilf^iSale' 117% ll";
17% 14 iiemVfU
h Due J'ly k Dtie Aug p Du« Not
53
March
23,
Bpnd Pecord— Continued— Page
IW.]
BONDS
STOCK EXCHANGE
WEEK ENDING MABCH 22
Chic St P M & 0—(CojMnuedJ
N. Y.
^^;
Price
Week's
Friday
March 22
Range or
140
131
97
& G gen g 5h'...o1910 j-j
H & D consol 8 t 78... 1005 A-O
109
Chlc& West Mich Ky 58.. 1021
Choc Ok
n
& I l8t gug58...1041 M-N
Cln
O I St li & C 6'«e C C C & St L
Cin 8 & C See C C St L
Clearfield <feMah A'e« B B & P
W&
MDivlst g48.1001
Cin
St L Div l8t col tr g48..1O0O
1000
Registered
Spr & Col Div 1st g 48.. 1940
ValDiv I8tg4s...l940
I St Ij<fe C consol 68.. 1020
WW
fcl03G
Kegisfcred
Cln S& CI con 1st g 58. .1028
1014
I consol 78
1014
Consol sink fund 78
General consol gold 68.1934
1934
Kcgistorod
C & S 1 St C C C cfe I 7s. 1 001
OCC&
WM
103
J-J
MN
W
N
Se«
&
& Paa Rivs Ist g 4s. 1943
<fe Gt So
SeeCAl <fe St P
& Term
Dak
alias & Waco SeeWK&T
Del Lack & Western
Morris <fe Essex 1st
105
dSh'.'.'.'.'.
101 >2
J-J
M-N
il5-S
J-J
J-D
isei-j.
J-J
J-J
A-O ids"
99 '-2 Sale
Apr 7218 Sale
A-O 114 120
J-J
Q-J
82
81
J-J
J-J
F-A
.
Sale
82
86^4 Sale
A-O
121
137
M-S
M-N
1871-1901 A-O
78
let consol guar 7s
1915 J-D
W
Sale
104>4
139 "a
J-D
136>8
J-J
PA
118
120
M-N
A-O 12018.
M-S 144 "a.
M-
A-0 118
A-O
A-O 11338.
A-O
J-J
J-J
102
...
J-D
1 09 "u
llOhi
Sale
W
Des M & Minn See Ch <fe N
Des Mol Un Ry Ist g 58. .1917 M-N
Det M <fe Tol iSee L 8 <fe M So
Det <fc Mack Ist lien g 48.1995 J-D *100
1995
Dxil<fe Iron Range Ist 58.. 1937
Registered
1037
2d 68
1916
Dul Red
cfe S Ist g 5s. ..1928
Dul So Shore <fe Atl g 58.. 1937
J-D
A-O
A-O
131
98
Oct '99
Mar'Ol
Oct '99
Jan '00
12
98
11812 119-14
Dec '00
Oct '00
Mar'Ol
11314115
*
587
BONDS
91
91
115
1st laud gr ext gold 58.. 1930
1943
Consol gold 63
Fort St if D Co Ist K 4128.IO4I
Ft
<fe Den C Ist g4-68..1921
& Rio Gr 1st g 3-48.1928
Ft
W
W
rialHar<feSA
J-J
J-J
J-J
J-D
J-J
H of 882 l8t 58. 1013 A-O
y^l H
Ga& AlaRy Ist pfg 58... 1045 AO
1
Feb'Ol
10834 111
10
Feb'Ol
961a 9612
91
85
llOiallo
.
J-J
J-J
100 12
103^8 Sale
8514 Sale
Sep '00
105
Mar'08
9634
83
103
108
1081a
67
85 1«
104-4 603
8514,200
1021a Jan '01
1021a 103
106 Dec '98!
98'2Nov'00
99i3Jaa'00
1
05^8 Sale
J-J
J-J
J-J
J-J
116
.
MS
MS
A-O 105
A-O
MN
106
65 lOSialOe
Feb'Ol
10634
104
105'
.M-N
106^
"2
Feb'Ol
104-4
IO5I4
Jan
98
Jan
10414 idiii
'99
IO5I4
104
10Si«
'00
J-D
J-D
J-J
102
103
Mar'Ol
May'99
102
123
90
102
J-J
J-J
J-J
FA
F-A
J-D
M-S
J-D
J-D
J-D
J-D
J-D
J-D
MS
J-J
J-J
M-N
M-S
MS
J-D
Kansas Mid See St L <fe S F
Kentucky Cent See L <fe N
Keok & Des Mo See C R I <fe P
KnoxviUe * Ohio See So Ry
Lake Erie & Ist g 53. .1937 J-J
W
MS
MS
MS
MS
'^
EH&
N0& M
loi^^sioa
MarOl
90
IO312 1 02 14 Mar'Ol
101 Is Oct '99
100 Nov'OO
102
90
102>4
iis" iijii
114
11334.
114
124
126
idiii!
Aug'OO
Nov'98
12634 Feb'Ol
123 '8 Feb'Ol
100i4Nov'00
1051a.
107i4Jan'01
IO7I4IO7I4
102
102iaNov'00
105
105
i'o'e'ioiJ"
121
00
1261a.
....
IO5I4....
106
125
I26I4 Mar'Ol
9912 9812
09
9334
711a 76
73
116
U7ia....
Mar'Ol
Mar'Ol
.I2412 1231a I2312
II8I2 II8I2
llSiaJan'Ol
1121a.
118
67
2 122
I'll?
UOia.
.
Jan
95
95
124
1181a
...I;115iall6i2
109 lo 110*4
109 13 1101*
IIOI2 Feb'Ol
IIOI4 Feb'Ol
112 J'ly'OO
](t9ioOct '99
10334 Xov'99
11034.
72«i
Aug'98
104
116
124i2l261«
9638 100
73
65
11514116*4
93
7212 47
72
63 14 Oct '00
7234
126^
12378123',
....
....
N
nnSCEIXANEOUS BOXDS-Continncd
10579
106''4
116 Dec'OO
113i2Mar'00
1 06 12 Dec'OO
102'2Apr'98
.
1141a.
106
1950 A-O
Registered
N Y& RB
'01
95
96
123
123
101 1« Sep '99
.
14 103 106
2 102 14 106
105
102 '4
Oct '00
33
101
Feb'Ol
110
Feb'Ol
107
105
Jan '99
May'OO
Dec'OO
102I4
116
107
108
107
110
'01
100
100
95
105
lOOiaSale
119
Jan
123
121
104
105ial06
103
113
11934 10,112- 120
112 Feb'Ol ...'111 112
101 14 102 lo 94 99341 02 1«
119
Sale
11234
102 la Sale
I
11012112^
11239 Feb'Ol
loo's 102
12
1311a.
106
115
103
130
Dec'OO
Nov'OO
Jan '98
Jan '01
.
lis
113
113
97 Sale
1071a
121 la Sale
103
102
104
11*
97ial01
95
96
110 110
Sale
991410a
130
130
on Next Page.
Gna and
Gtis luid Electric JAght
Oh G L ife C Co See P G <fc C Co
8olumbus Gas 1st g 5s
1932 J.J
on Gas Co See P G & C Co
Detroit City Gas g 58
1023 J-J 100
Det Gas Co con 1st g 5s. ..1018 F-A
SeeNYG&ELHifeP
BqGLNYlstcon g5s..l032 M-S
Eq G Fuel See P G C Co
103
101
101 la 61
94
101 13
99>a Nov'99
MS
KdElll
118i«
1181a Mar'Ol
118iall8ia
102 14
Feb'Ol
27 101»4 1021a
156 176
ife
eg 6s. 1040 J-D
102i4Sale
J-D
FA
102
176
ChG-L<fcCkelstgug5s 1937
Con G Coof Chlstgup58.'36
EqG& FChlst gug 1.9. 1905
Mn Fuel Gas Ist gu g 5s. 1947
10734 Dec'OO
A-O
A-O
A-O 122
J-J
9613
LacGasl-ofSt L 1st g53.el919 Q-P 1071a 109
Mnt Fuel Gas Co See Peop Gas
latest bid
and aslced
Electric Light
OS.. .1048 J-D
Registered
194,«|J-D
Purchase money g 43. ..1940 F-A
Ed El 111 1st conv g 58. .1910 M-S
Istconscd gold 03
19051 JPaterson & P G & E g 5s. 1040
Peo Gas & C 1st gu g 6s..l904jM-N
2d guar gold Os
1904 J-D
Ist con gold 6s
1943! A-O
Refunding gold 5s
1947|M-S
Registerod
1947iM-S
NYGELH&Pg
EdElIUBkn SeeKCoELAP
No price Friday;
IOOI2
A-O 103
92 14 Feb '98
115
116
W
*
100
No Low High
NH&H
N
Y
S««
n ock Val 1 St consol g 4 128
Y&
Gen ElecCodeb g 5s
1922
Gr RnpG LCo 1st g 53... 101
K O Mo Ga,3 Co 1st g 53.. .1922
Kings Co El L & P g 5s. ..1937
Purchase money 63
1997
Ed El II Bkn 1st con g4s 1930
Feb'Ol
Tanvary t
W
Han
ousatonic
SW
Elco Berg Co
99
90
0I945 J-J
No
gu g 5s. .1929 J-J
101 105
99
Georgia Pacific See So Ry
99
98I4IOII2 Oila V G <fe Nor See So Pac Co
f Joiiv A Oswegat See N Y Cent
104Hj105
Grand Rap <fc Ind See Penn Co
See St L S
f; ray's Pt Term
& St Jo See C B & Q
MS
Gas*
Jfigh
108
Siiic*
=
AeeSoPacCo
NY
<fc
110
Range
S
t--.
<fe
2d gold 53
1941 J-J
North Ohio Ist gug 58. .1945 A-O
115
112 115
L Sho <fc Mich S See N Y Cent
Lehigh Val (Pa) coU g 5.. 1097 M-N
East of Minn SeeSfPil&M
ast Ten Va & Ga See So Ry
Registered 58
1997 M-N
Elgin Jol & East 1st g 58.1941 M-N 108
lOgi^Deo'OO
Leh Val N Y Ist gu g 4i23.1940 J-J
Kliz Lex & B San -See C & O
Registered
1040 J-J
Elm Cort cfe No See Leh <fc N Y
Leh V Ter Ry Ist gu g 5s. 1941 A-O
Erie Ist ext gold 4s
118iall9i8
.121 1181a Jan '01
194 M-N
Registered
1041 A-O
2d ext gold 53
.121 121 Jan '01
1919 M-S
121 121
Leh V Coal Co 1st gu g 58.1933 J-J
.II6I2 II6I4 Mar'Ol
8d ext gold 4128
II6I4II8
1923 M-S
Registered
1033 J-J
4th ext gold 58
.11612 12334 Mar'Ol
1920 A-O
12334 124
Leh*
Ist guar g 4s.. 1045 M-S
5th ext gold 43
106i2Apr'99
1928 J-D
Registered
1045 .MS
lit consol gold 7s
1920 M-S 140 142 I4312 Feb'Ol
142 1431a
El C &
Ist g 1st pf 68.1914 A-O
Ist consol g fund 7s
1 1351a I3512
1920
13513 13512
Gold guar 58
1914 A-O
Erie Ist con g 43 prior.. 1996 J-J
97 14
98 Sale
Leh & Hud R See Cent of N J
98 628 951a 98
Registered
93i4May'99
1996
Leh & Wilkesb See Cent of N J
Ist consol gen lien g 4s.. 1996
8834 Sale
Leroy & Caney Val See Mo P
89 3642 82 14 89
861a
Registered
1996
Long Dock See Erie
BuffN
Erie 1st 78.. 1916
.13612 140 Feb '99
Long Island lstcong5s.?il931
Buir&
gold 6s
1908
Ist consol gold 4s
/il931
SmaU
1908
General gold 43
1938
Chic & Erie Ist gold 58.. 1982 M-N 121 Sale 12034 121
19 116 I2II2
Ferry gold 412s
1922 M-S
Jeff RR 1st gu g5s....al900 A-O 107
106^8 Feb'Ol
106 106^8
Gold 4s
1932 J-D
liong Dock consol g 63. .1935 A-O 139»4
Unified gold 48
139^8 Mar'Ol
138 140
1940
Ooal&RR 1st cur gu 63.1922 M-N Ill
Debenture gold 53
1934 J-D
Dock<fe Imp 1st our 6s.. 191 J-J 118
Bklyn<fe
Mont 1st g 68.. 1911
118 Sep '00
N Y <fe Green L gu g 58.1946 M-N 115
Ist 5s
109 Oct '98
1911
SmaU
1946 M-N
NYB<feMBlstcong5sl935 .A.-0
192"
MidRRofN Jlstges.lOlO A-O 110
Ist gos
118»8 118"? 10 117iall8»B
N Y Sus & Ist ref 58.1037 J-J *
118
Nor ShB Ist con p gu 58 ol032 Q-J
Mar'Ol
111
118 118
2d gold 41-2S
94
1937 F-A
94
La<feMoRlv See Chic* Alton
97
94 Feb'Ol
General gold 5s
1040 F-A 10234 104 1021a 104
89 100 10534 Louisv & Nashv gen g 6s. 1030 J-D
Terniiual Ist gold 5s. ..1943 M-N 115
Gold 5s
113 Apr'OO
1937 M-N
Regis $5,000 each.. .1943 M-N
Unified gold 48
1940 J-J
Wllk & Ea 1st gu g 58.1942 J-D 110
1071311014
IIOI4
Registered
1940 J-J
110
Brie <fe Pitts See Penn Co
Coll trust fAdd 5s
1931 .•VI-N
Eureka Springs 1st g 6s.. 1933 F-A
CoUtrust5.20g 43.1903-101. A-O
65 Nov'97
124I4
Ev <fc T H 1st consol 63. ..1921 J-J
124
Cecillan
lOii" M-S
Branch "s
126 124 Mar'Ol
let general gold 58
Nash 1st g 68.. ..1910 J-D
1942 A-O
108 lain
Ill 111
111
Mt Vernon 1st gold 68. .1923 A-O
LCin<fe Lex gold 4128... 1931 M-N
Bull Co Branch Ist g 58.1930 A-O
1st gold 6s.. ..19301 J-J
J-J
J-J
J-J
W
Ask Low
Hid
Ev&Indlstoon gng68..1926 J-J 108
argo & So See Ch M & St P
Pere M *«« Pere Mar
lint
FlaCen& Pen 1st g 5s. ..1918 J-J
A-O
Kan C & Pacific See M K & T
gold
38.. 1950 A-O
Kan City Sou Ist
91
Range or
Last Salt
Ist consol 08
1st
Ga Car<fe
98iaNov'00
*ib'9*
Week't
Friday
MarcK22
.. IO4I2IO4'
1 999
1000
Registered
Mar'Ol
115
---ill3'8ll'''2
C0I& H Vl8teitg4s..l94><
136 Feb'Ol
Tex See 80 Pac
I3514 13612 Houst E <fe
Houst&TexCen See So Pac Co
136iu 13612 32 134 136
Illinois Central let g48..1951
1951
Registered
1013* Dec '00
1951
Ist gold 3128
1951
Registered
997, 19 95I2IOO
1951
981a
l8t gold 38 sterling
62 14
7218 4251 45 12 72 1»
1951
R<fgistered
1952
111 Sep '00
Coll'lYust gold 4s
1952
Registered
13013 Mar'Ol
130 I3OI2
L N O <fe Tex gold 4s.. ..1953
1953
Registered
1950
Cairo Bridge gold 48
8212 129 78
83 12
82
Registere<l
1 950
8II4
82 14
8214100; 77
Louisville Div gold 3128.1953
8714293 83
87 12
Registered
1953
861a
1921
Midland Div reg 58
St Louis Div gold 38.... 1951
1951
Registered
Gold3i28
1951
1951
Registered
Spring Div 1st g 3128. ..1951
121
1951
121
121 I2312
Registered
I3912I40
I3912 Mar'Ol
Western Lines let g 43.. 1951
Feb'Ol
1951
104ifll04'8
Registered
1041s
138 14 Dec '00
1923
Bellev<fe Car 1st 68
140 Oct '98
Carh & Shaw 1st g 48. ..1032
136 Feb'Ol
136 136
ChlcSt L<fc N O g 58. ..1951
II8I2 Mar'Ol
118iall9
1951
Registered
103 12 Oct '00
1951
Gold3i2S
118i4Nov'00
1951
Registered
145ial45ia
Memph Div Ist g48...1951
1451a I4512
150 Feb'Ol
1951
150 150
Registered
117 Feb'Ol
117 117
St L Sou iRt gu g 48.. -.1931
1935
122 J'ne'99
Ist g 58
Ind Dec &
112 Dec'OO
1935
Ist guar gold 5s
II212 Feb'Ol
II212II212 Int <fc Great Nor Ist g 68. .191
151 Mar'Ol
1909
151 161
2d gold 58
1921
151 Jan '01
151 151
3d gold 43
Iowa Central Ist gold 58.. 1938
102
1021a 66 100 103 14 Jefferson RR See Erie
llOia Mar'Ol
108 IIOI2 Kal A & G R See L S & M S
84 107 111
an & Mich See Tol <fc O C
1091a 111
K C & M R & B let gu g 5s. 1929
in
Price
K.2
STOCK EXCHANGE
WEEK ENLii-vo March 22
N. Y.
W
M-N 15414.
M-N *153ia.
Gold 48
140
130
"50 92
J
2
W
135
J-D
7s... 1907
78... 1914
1915
NYLackcfe
Ist 68... 1921
Construction 58
1023
Tenn & improve 48
1923
Syr Ring <fe N Y Ist 78.. 1906
Del <fe Hud 1st Pa Dlv 78.1917
Registered
1917
Alb & Sus 1 St con gu 78 1 90G
Registered
1906
Guar gold 6s
1006
Registered
1906
Bens & Saratoga 1st 78.1921
Registered
1921
Del Rlv KB Bridge See Pa RR
Denv<fc R Grist con g48. 1036
Consol gold4>28
1936
Improvement gold 58... 1928
Bio Gr So gu See Rio Gr So
Des Mol <fe Ft D 5ee C R <fe I P
7 140
104i2reb'01
104 12.
y-F
Registered
J/i'/h
140
105
99 Jan '01
lOliaFeb'Ol
105 Mar'Ol
99 Muy'99
94 Oct '00
83 Nov'99
.
1090
CI I.or & Wli con 1st g 58.1033
Clev & Marietta See Penn RK
Clev & Mahon Val g 58... 1038
1038
Registered
Clev <fe Pitts See Penn Co
Col Midland l8t g 3-48. ...1047
1047
l8t gold 48
Colorado & Son Ist g4s... 1929
Coluiu & Groenv See So Ry
Col & Hock Val See Hock Val
Conn
•2
10334 106 14
M-N
M-S
Ist pf 5s. .(il038 Q-J
Peo<fe East Ist con 4s. ..1040 A-O
Income 4s
milh No Low
Feb '01
IO4I2
106
lOlHj....
7cl03C Q-F
let gold 4s
0503
Ravr/e
Since
Januarxi 1
<fc
<fe St I. general g 48.. 1903 J-D
Cairo Div l8t gold 4s. ...1030 J-J
Col Conn
97
106
119
100
109'y 103
115
113
115
Sale
114
CCO
O Ind &
1311a
118
I)
140
Sale
1937 J-J
2(lg<>Iil 4'-28
Last Sale
Ask Low
Hid
Ist 63. -.1930 J.J
St Pdfc SCity Istg 68. ..1910 AG
Chicago Ter Trans e 48. ..1047 J-J
ChlCife WestI lst8lgC8..1010 M-N
gl932
General gold Os
Nor Wisconsin
Cin
9
!
this
961a Dec'OO
108
109
Trenton G<fc El
12 107
109
UticaE
a Due Jan
d Dae Apr
#
1st
c<il
107
103
125
106
tr
J'ly-O"'.
lOSioFeb'Oll
108
J-J
'3
103
.0
l-i6
IllOg
ids'ii!"!!;
J-J
fcDueABg
Sale
ii09
Feb 01
iud
ifiijan'oi !!!;!id7>4i(W?
1107
g 5s 1033 M-K
Due May hDueJ'ly
97 14 168 9434 97»i
"
107131
10»>«
108
131
1214 10 121
J-D
M-N 106
g 53.. 1040 M-S
LAP Ist sfg5s. 1050
Western Gas Co
week,
J-J
96^
1214
4''l08i4lIS
o
Due Oct
j
Due De«
—
.
568
Bond Record— Continued— Page
BONDS
Price
Week's
STOCK EXCHANGE
friday
Week ending March 22 ^« March 22
N. Y.
Louisv
y;dfihv~( Continued)
Bid
Ash
2rt Kold 68
1930 J-J 11913
Pensacola Uiv gold Gs... 1920 M-S
St liDiv 1st gold 68
1921
2d gold 3s
1980 M-S
Kentucky Cent sold 4s. .1987 J-J 100 Sale
<fc
NO&M
MS
L<feNcfeMcfeMl8tg4i'2Sl94r) M-S
Fla & S 1st gu g 5s. ..1937 F-A
Pen8& Atl 1st gii gt;8..1921 F-A
S c&
Ala 0011 gu g 58..193G
110 '4
112
N
N
Sink fund gold 6s
<fe Jeff Edge Co gu g 4s.
L
.
Ill's
109'3
FA
1910 A-O
1945 MS
or
BONDS
Range
Since
Oct '00
Dec '00
I26I4 Jan '01
126I4I26I4
63 lo Oct '00
9979 100
112 Jau '01
112 Jan '01
113 Jan '01
110 Feb '01
100
N A Ch 5e« CI & L
Mahon Coal A'ee L S M S
li
Lolo
117
115
90% 100
112
112
113
110
100
100
112
112
113
111 Hi
100
W
McK'pt & B
V
.SVe
Metropolitan El
Mei Cent
5s.
.
.
106
1061-2
1171a
II712
Income 5s
115
1171a
Man Ry
J-J
83^8 Sale
32^4 Sale
18^4 Sale
J'ly
J'ly
83 Tg
84 12 254
31^4
171a
33112 3329
19*8 2064
801a 85
26
331a
19=8
13
A-O
A-O
M-S
A
J-D
M-S
Registered
Aug
J-D
1910 J-D
84
9
68
84
831a
103i8Apr'00
Sale
Sale
81
82 14 85 14
Apr '00
1314 J'ly '00
105
N Y Cent
MU L S W
&NW
MU & Mad
NW
MU & North *See Ch M & St P
MU St P See Ch M & St P
Minn & St L 1st gold 7s.. 1927
See Erie
See Chic
See Chic <fe
<fe
MS
14712 1471a
121 la 122
Registered
190;!
Gold 310S
1997
Registered
1 997
Cin cfe S Istg L ScfeM S7s '01
Det Mon cfe Tol Ist 7s. 1906
Ka A cfe G R 1st gu c 5s. 1938
116iall8'2
97 1031a
M
M
MStP&SSMcong4intgu'38 J-J
Minn Un See St P M &M
Mo Kan Tex 1st g 4s. 1990 J-D
<fe
98
9334 Sale
. .
gs'^s
546
80 ^8 312
P-A 80 Sale 80
56
103
1st ext gold 58
1944 M-N 10314 103% 102
look's
Nov'99
Boonev Bdg Co gu g 7s. 1906 M-N 101
firl990
& Wa 1st gug OS... 1940 .M-N
M K & T of T Ist gu g 58.1942 M-S
Sher Sh & So 1st gu g 5s. 1943 J-D
KanC&Pac 1st g48...1990 F-A
Tebo & Neosho 1st 7s.. .1903 J-D
MoK<fe E
1st gug 58
Missouri Pacific 3d 7s
ist consol gold 6s
IO2I4
IO2I4
901a
Mar'Ol
5s... 1938
StL&IrMgencong5s.l931
Gen con stamp gtd g 5s 1931
116 118 116
123
123
105'8Sale 105
*105i4
IO514
Mar'Ol
124
105 Sg
106
100 Mar'Ol
107i4Dec'00
115
113 la Mar'Ol
II8I4 Sale 1171a 119
II4I2 Feb'Ol
93i<2Sale
93^8
92
J-J
Unified & ref gold 4s.. 1929
Registered
1929
W
Verdi V I cfe
1st g 5s. 1926
Miss Riv Bridge See Chic & Alt
Mob <fe Birm prior lien g 5s 1945 J-J
Mortgage gold 48
1945 J-J
Mob Jack & K C 1st g 5s.l946 J-D
Mob & Ohio new gold 6s.. 1927 J-D 130
Ist extension gold 68..7il927 Q-J *126
General gold 4s
1938 M-S
J P Morgan <fe Co ctfs.
Montgom Div 1st g 58. .1947 F-A
Cairo gu g 4s....l931 J-J
St
L&
Mohawk & ilal
See
NYC H
100
104%
9934 102 14
871a 91
95
96
114
* 98
110i4J'ly'00
*
,
Sale
,
130
96
Jan
'01
96
96
951a
1141a
1141a
100
100
1281a Mar'Ol
1141a 1151a
Jfe
J-J
Ist
58
1928 A-O *115
Jasper Branch Ist g 6s. 1923 J-J 119 123
McM
<& Al 1st 6s.. 1917 J-J
llS^a
Branch 1st 6s. ...1917 J-J
Flor
<fe
Shef
Na8h
See L & N
.
T&P
Dec'OO
117
117
1053810638
102ial03i*
119 119
127«8l27»8
1271a Nov'OO
110
Mar'Ol
110 .110
1061a Nov'OO
MN
115^8 May'OO
NY cfe North 1st g 58. ..1927 M-N
A-O 1221a.
B WcfeOconl8text58.7il922 A-O 128
12334
Oswecfe
113
200(i
R2dgu g5s...el915 FA
RWcfeOTR Ist gug 58.1918 M-N
Utica
Blk Riv-gug4s.l922 J-J
N Y Chic St L 1st g 4s. 1937 A-O
N Y Greenw Lake See Erie
N Y Har See N Y C Hud
N Y Lack W See D L W
Y L E W See Erie
?J Y
N E See N Y N H H
N YNHcfcHarl8treg4s.l903
Jan
'01
12834
121
122
12634 12834
Apr'99
110 Oct '00
109 Is 109 1« 23 108
106ial07ia IO634 Dec'OO
IO8I2....
1937 A-O
Registered
122
.
109 li
cfe
cfe
cfe
cfe
cfe
cfe
cfe
Convert deb certs ?1,000
Small certs $100
Housatonic R con g 5s.. 1937
N H cfe Derby con g 58.. 1918
Ycfe N E 1st 78
1905
l8t6s
1905
N
J-D
A-O
.200
M-N
MN
13534.
II313.
J-J
J-J
113
109
N Y North See N Y C *; H
N Y O W ref Ist g 4s..srl992
Regis $5,000 only
(71992
N Y" Put See N Y C H
N Y R B See Long Island
N Y S W See Erie
N Y Tex M See So Pac Co
.
.
102
199
195
136
Feb'Ol
200
Feb'Ol
Mar'Ol
114
113
Jan
J'ly
102
162
1961a 200
195
134
197
136
'0(
'9<
cfe
cfe
*105
106
106 Mar'Ol
lOliaNov'OS
105=4 108
cfe
cfe
cfe
W
11034 Dee'OO
111
134i2Sale 1341-2 13412
134 1341a
13234 Feb '01
131 13534
13234 133 14
133 k Mar'Ol
IO314 Sale IO3I4 104 159 99 la 104
loeu
102^8 Sale
113
Dec '99
111
Dec'99
128
57 111
1281a
1151a
102^8 102^8
10214 Jan '01
M-N 103
M-N 103
103
9714 Sale
96 Sale
9612
nn
130
1221a.
1141a.
101 .
891a.
.122
hio River
Ist g 68.1936 Ji-D
General gold 58
1937 A-O lOlia.
1901 J-J
Omcfe StL Istg 48
See
So
Pac
Co
Ore cfe Cal
Ore Ry cfe Nav See Un Pac
See Vn Pac
cfe Nav
Ore
Ore Short l-rne See Un Pac
Rome
See
Oswego cfe
O C F cfe St P See C cfe
Coast Co Ist g 5s.... 1946 J-D *109 Sale
ac of Missouri See Mo Pac
Panama 1st s fundg4i2«..1917 A-O 105 IO714
Sink fund subsidy g 6s.. 1910 M-N 10034....
1921 J-J *114iaH5i3
Penn Co gu 1st g 4 'as
95
.95
131ial31i2
ISliaFeb'Ol
132 J'ly '99
122 12 Feb '01
116 Feb'Ol
102 P'eb'Ol
8834
122ial22ia
116 117
102 108
May'OO
1161a Mar'Ol
116
1161a
Feb'Ol
D«c'00
112
112
112
96
75
Apr '00
110
llOia
31 108
Mar'Ol
Dec'OO
11434 115
114i2Mar'0
102 Nov'9l
104
NYC
NW
1061a 107 la
IO714
llOia
107
109
104«8l06i2
10634 10634
10 102 14 10278
102 14 102 14
103 103
Jan '01
96
951a 971a
96
971a
97
111
Mar'Ol
99
97
1121*
J'ne'98
1171a.
90
102141031a
RR
102^4 AuK'99
9718
971a 169
9534
97
19
96I4
9GI4 10
97
111
106
J-J *110
Mar'Ol
973gJ'ly'00
107 Nov'OO
102^8 103 la
105^8 Sale IQSSg 105*4 46 104 14 106
1 1041a IO514
1041a Sale 1041a 1041a
71=8 Sale
72 1« 512 691a
711a
7038 Dec'OO
Pac
J-D 102^8
J-D 102^8
J-J
FebOl
130
119 Jan '01
127»8Jan'01
Nor Wis See St P M cfe O
Nor cfe Mont See N Y Cent
See C C C cfe St L
OInd cfe
IO714.1071a Mar'Ol
107 14 Feb'Ol
J-J 107 ...
*109iall0i2
IIOI2 llOia
J-J
110 Aug'OO
J-J
M-S 104=8.. .. 104'8 Mar'Ol
106^4 Feb'Ol
M-S 104'8
1091-2 Sep '97
M-S 104^8
J-D
117
IO6I4 Mar'Ol
IO3I4 Mar'Ol
109
WW
New H & D See N Y N H & H
N J June RR See N Y Cent
New & Cin Bdge See Penn Co
N O & N E prior lien g 6s jj1915 A-O
N Y Bklu & Man Bch See L I
N Y Cent & H R 1st 78.. .1903 J-J
FA
FA
F-A
FA
IIOI2IIO34
109 1« 1097,
.
W RR
Chat
Nash consol
gold
1903
1997
Registered
1997
Debenture 58 of... 1884-1904
Registered
1884-1904
Regist deb 5s of.. .18891904
Debenture g 4s.... 1890-1905
Registered
1890-1905
Debt certs ext g 4s
1905
Registered
1905
Lake Shore coll g 3 las. .. 1998
Registered
1998
Mich Cent coU g3H!S....1998
Registered
1998
Beech Creek 1st gu g 4s. 1936
Registered
1936
1936
2d gu gold 5s
Carti Ad I8tgu.g4s...l981
Clearfield Bitum Coal Corp
1st 8 f int gu g 48 ser A 1 940
11034 11034
.
IO314.
II8I2.
FA
129^8 Feb'Ol
W
St L Ist 7s.l913
Gold mortgage 3^28
Harlem g 3iaS...2000
cfe
112iall5
.
lOeifi.
MS
MS
N
<fe
Registered
141
132
127
109 IIOI4 Nor cfe South 1st g5s
1941 M-N
114iall6
Norf cfe West gen g 6s
1931 M-N
9 119ial24
Improvem't & ext g 6s.. 1934 FA
196 100 la 108
New River 1st g Gs
1932 A-O
cfe
Ry Ist con g 4s. 1996 A-O
19 103 106
Registered
1996 A-O
CCcfeTl.stgug5s
1922 J-J
100 100
Scio V cfe N E Ist gu g 4s 1989 M-N
North Illinois See Chi cfe N
113 1131a North Ohio See L Erie cfe
46 114 119
Northern Pacific
114iallo
Prior lien ry eft 1 gr g 48.1997
J
240 8414 93^8
Registered
1997
J
General lien gold 3s
a2047
F
Registered
o2047
F
St PaxU-Dul DiT g4s....l996
D
t99t> J-D
Registered
StPcfeNP gen g6s....t5g3
Registered certilic'8..1923 Q-F
127ial30ia
St Paul cfe Dul 1st 5s. ...1931 P-A
130 130
2d 5s
1917 A-O
1st consol gold 4s
1968 J-D
871a 96^8
1948 Q-M
Wash Cent 1st g 48
941a 96
110 1141a Nor Pac Tcr Co 1st g 63.. 1933 J-J
100 100
Nor Ry Cal See So Pac
Monongahela Riv See B & O
Mont Cent See St P M <fe M
Morgan's La <fe T See S P Co
Morris <fc Essex See Del L &
MW
J-J
J-J
cfe
J-J
2d guar 68
1934 J-J
McKeescfe B Vlstg6s 1918 J-J
Mich Cent Ist consol 7s. 1902 M-N
Ist consol 53
1902 M-N
6s
1909
58
1931
Registered
1931 Q-M
4s
1940 J-J
Registered
1940 J-J
Bat C cfe Stur 1st gu g 3s. 1989 J-D
11341161a
llOiaMar'OO
108i4Dec'97
PA
RR 1st 5s.. 1934
Pitts McK
Y l8t gu 6S.1932
1151a 1151a
11434 115
11034 Mar'Ol
11034 Mar'Ol
109i4B'eb'Ol
cfe
I/eroy<feCVALlstg5sl926
Pac R of Mo Ist ex g 48.1938 P-A IO6I4
2d extended gold
111
J-D
J-D 109 ig.
J-D
A-O i'03'";
cfe
99
96
1031a
IO2I4
91
IIOI4 Mar'Ol
1942 A-O
190G M-N
1920 M-N
Trust gold 5s stamped. al917
Registered
al917
1st coU gold 5s
1920
Registered
1920
100
100
103
102 12
89
90
Dal
96 14 99
8O34
75
97 103
i02"i'eb'06
110
C'l
cfe
1221a 12212
High No Low High
cfe
Regist (red
2361 J-J
Lake sliine consol 2d 7s. 1903 J-D
cfe
147 12 Feb '01
10
122
122
124% Nov' 00
122 '2 Feb '01
1181-2 Feb'Ol
10310 152
101
J-D 1471a
Iowa Ex Ist gold 7s
1909 J-D 122 123
Pacino Ex 1st gold 68 ..1921 A-O I26I2
South West Ex Istg 7S.1910 J-D 124
Ist consol gold 5s
1934 M-N
Ist and refund gold 4s. .1949
101 Sale
Minn <& St L gu See B C B & N
& P 1 St OS stpd4sint gu 1936 J-J
.102
S S M cfe A 1st g 4 int gu 1926 J-J
2d gold 4s
83
105
104
cfe
<fe
Since
January 1
107 la J'ly '00
1992 Sep
Registered
.See
S
Nor Mont 1st gug 58.1916 A-O II712
West Shore 1st 4s gu... 2361 J-J 115iall6
NY
May'OO
or
cfe
Mahon
N Y Cent
/S'ee
Ash Low
Bid
Range
Week's
Range
Last Sale
T>
N J June R gu lst4s...l9«G FA
Regisieied
1980 FA
N Y Pu 1st con gug 4s 1993 A-O
185 104»4l06i2
.1934 J-D
consol gold 4s. .1911
let consol income g 38.(il939
2d consol income g 3s. .al939
Equip <fc coll gold 5s
1917
2d series gold 5s
1919
Mex Internat Ist con g 48.1977
MexNat 1st gold 68
1927
2d inc 6s
op stmpd.. 7(1917
2d income gold 6sB.../tl917
Mex North Ist gold 6s. ...1910
MlcUCent
Mid of N J
106
Friday
March 22
Gouv&OswelstgugSs 1942
Moh<fe Mai 1st gug 4s.. 1991
<fe
anhattan RvconsoI48.1990 A-0
Registered
1990 A-O
6s. ...1908 J-J
Price
N. Y.
<fe
Metropol El 1st g
Man S
Coloniz g
[Vol. LXXII.
3
STOCK EXCHANGE
Sale 05^ January 1
Week Ending March 22
JTiyh No Low Migh N Y Cent & H R— (Continued)
Ranye
Last
I2
S
.
1921 J-J
Registered
Guar 3ias coll trust reg.1937
C St L cfe P 1st con g 58.1932
M-S
A-O 12618 Sale
1932 A-O
Registered
CI cfe Pgen gug4iaS8erA.'4'i J-J
1942 A-O
SeriesB
1948 M-N
Series C 312S
1950 F-A
Series D31-2S
Erie cfe Pitts gug 3 las B.1940 J-J
1940 J-J
Series C
Ncfe C Bdge gen gu g 4iaS 1945 J-J
PCC
cfe
Series
Series
Series
Series
Series
Pitts Ft
2d7s
3d 78
J'ly '98
122
104
«fe
C
1141411514
113i4ll^ia
126isl!j6i8]
1261*
121
Oct "00
102
Nov'OO
117
Mar'Ol.... 11684 117
.
101 la.
lOlia.
Ill .
St L con gu g 4ias—
1940 A-O
1942 A-O
B guar
1942 M-N
C guar
1945 M-N
D 48 guar
E 3 12 guar g. 1949 FA
W
12618
UOifl
105
I24I4.
A
Ist 78.
.
105
101
.117
1151a 117»4
1161a 116>a
II718 Feb'Ol
1161a Feb'Ol
109
99
Apr '00
Dec'OO
1361a 136I3
1361a Feb'Ol
1912 J-J
1912 J-J
|l3734Nov'00
711912 A-O *132i4l35i-2ll36=eJan'01
nnSCELXrANEOUS BONDS—Continued on Next Page
Coal and Iron
Telegraph and Telephone
Conun Cable Co 1st g 4s.. 2397 Q-J
Jan '01
lOOiaOct'OO
102
2397 Q-J
IBrle T cfe T coltr g 8 f 5s. .1926 J-J
1918 M-N
MetTcfeTlstsf g5s
Eeglstered
MntUnTelCo SeeWestuUn
Tel gen g 58. .1920 M-N
N Y N JTeleg
See West Un
Ko Westn
cfe
West Union
coltr cur 5s. 1938 J-J '114
I'd and real est g4ia8... 1950 M-N
97
Mut Un Tel s fund 6s ..1911 M-N
Northwestern Tel 78
1904 J-J
Coal and Iron
Oah Coal Min See T G I cfe
cfe
I
•
off
No price Friday;
112
Nov'99
1131a 114
107S8 Feb'Ol
11238 Dec'OO
102
m
M
WhLE PC Co Istg 08. 1919
cfe
Dev Co gu g 58.1909 J-J
Coupons
Oct '99
B
Olearf Bit Coal SeeNYOcfeH
Ool C cfe I ext Ist con g 6s. 1902 F-A
Col C
Sale
109
Col Fuel Co gen gold 68... 1919 M-N 1091a
98 Hi Sale
Col P cfe I Co gen sf g58..1943 F-A
De Bardel C <ft I See T C cfe I
Gr Riv Coal cfe C Istg 68.. 1919 A-O
Jeffcfc Clear C cfe I Istg 5s. 1926 J-D
1926 J-D
2d gold 5s
Pleas Val Coal Istgsf 58.1928 J-J
58.1946 M-N
11 11138ll57e Roch cfe Pit C cfe I pur
1051a 107»8 SunCkOoallstgsf 6S...1912 J-D 101
Istg
6s.
al917 A-O 10734 109
Tenn Coal T Div
Birm Div Ist consol 6s.. 1917 J-J 107 110
Co 1st gu g 68.1922 J-D
Cah C
De Bar C cfe I Co gu g 68.1910 F-A
102
101 »4 Sale 101^4 10134
55 Nov'OO
10 101»4 104
Am Hide
1909
latest bid
and asked
tlus
week,
a
Due Jan
e
Due May
Industrial
1915 Q-F
Isl » f g 6s. .1919 JI-
Manufacturing
AmCotOU
g
cfe
J-J
981a
981a
60
106i4l06'4
9634 101
95 Is Jan '97
107 May'97
80 May'97
105 Oct '00
108
110
106
100
32
108
Mar'Ol
ib"^"'ii6*
105
110
100
1041a
Feb '00
Mar'Ol
Jan '00
Jfe
ext 4ias
L
106i4Peb'01
Due J'ne h Due J'ly p Due Not
98
,1011* 100 14
Sale
94
101
10
96I4 124
99
101
9014 96^4
—
—
March
23, 1901
BONDS
Price
Friday
STOCK EXCHANGE
Week Ending March 22 1^ March 23
Con
ciirri^Dcy
(js
'e
Range
%
Since
Last Sale
108
High No Low High Southern Pac Co (Contin'Wdj
Nov'97
11234Mar'00
102
112
Jan "01
i'ere
121
112
121
94.h.
137
NoT'97
126
108
109
127
H4ia
115
Nov'98
11338 118
lOOigFeb'Ol
lOOiaPeb'Ol
I2II3 Mar'Ol
100
98
lOOU
lOO^a
121 1211a
947= 178 921a 96't
NoT'OO
48 9812 101
101
88''g Sep '00
105 Feb'Ol
105 105
82 Mar'Ol
80 la 82
9333 Sale
931*
9338 19 921a 9339
10034
(fe
94
M
94
891a 95
2d gold 6s Class B
2d gold 6s Class C
General gold Os
General gold 5s
112i8ll2i«
11134 II212
111 112
127ial31ia
112iall7
11218 Feb'Ol
112
112
Mar'Ol
Feb'Ol
I3II2
I3II4
19:51
19:51
117
Ist trust gold 5s
1987
Pierce C & O Ist g 08...19]y
St L & S F RR gold 48.. 1996
Cent I)iv Ist gold 48.. 1929
Northw Div 1st g 4s. .19:50
Southw Div Istg 5s. .1947
Kansas Mid 1 st g 4s
1937
St Louis So 6Ve Illinois Cent
St L S
Ist g 4s bd ctfs.l9,S9
2d g 4s inc bond ctf8...pl98y
Gray's PtTerlstgug 58 1947
StPaul&Dul 6'«eNorPacitic
St Paul
& Man 2d 6s. ..1909
1st consol gold 68
19:i:5
Registered
1933
Reduced to gold 4^28.. 1933
Registered
1933
Dakota (^xt gold 68
1910
Mont cxt 1st gold 48
1937
Registered
1937
117
117
102 la Oct '00
Sale
99 >2 Sale
97'<2
,
9812
991a
98I4 Mar'Ol
23
91 14 991a
98I4
96
97
100
100
J'ne'OO
M
119
*142
11534
144
100
81
99
79 14
120
106 "2.
.
EMinnlstdiv lstg58..1908
120
526
118^8 Feb '01
14134 Mar'Ol
13734 Feb '99
95381011a
81 14
71
1181a 118^8
14138142
11434
115-''8
11934 I2012
1033b IO6I4
109
110
Registered
1908
Nor Div Ist gold 48.... 1948
Registered
1948
Minn Union Istg 63
1922
Monte IstgugBs
1937
Registered
1937
Ist guar gold 58
1937
Registered
1937
WiU & S F Ist gold 5s.. 1938
Registered
1938
P Nor Pac ^e Nor Pac
StP & S'x City See C St P M &0
SPePresA Ph Istg5s...l942
S A & A V See So Pac Co
S P <& N P 1st sink f g 5s. 1919
St
128
Apr '00
13634 Mar'Ol
I3712.
13712.
123
115
122
Apr'97
Mar'Ol
120
Apr '09
132
13634
i22"i22"'
F&
104
Jan '01
112
J'ne'OO
104
104
1261a Jan '00
123
9434
Dec '99
Feb '01
9434
94
106 "a 10934
87
87
lOeiaPeb'Ol
87 Jau '01
W
SilSpOca* Ggug4s..l918
Scioto Val & N E iSe« Nor
W
Seab& Roa Ist 58
1926
10434
Feb '98
W
2-5 yearcoll trg4>'iS....1905
Gold 48 (Cent Pac coU). fcl949
Registered
fcl949
Ist gu g 58. . 1941
<fc
NW
10038 Sale
9238 Sale
105 U Sale
101 Sale
. .
CPaolstref gugis
1949
1949
Registered
Mort guar gold 3^2S.
Registered
fcl929
fcl929
niRnufnctiiring;
& Indiistrinl
.
88 12 Sole
IOOI4
92
85
105
101
86 14 95
137ial37ia
125 12s
Feb'Ol
117
J
J
J
J
J
108
109
11934 121
II214
1081a.
4-5s.l92l'M-S
MS
W
.
S & N Ala See L & N
SpokFaUscfe Nor Istg 68. 1939 J-J
Stat Lsl Ry 1st gu g 4i'.2S..1943 J-D
Sunb & Lew See Penn
9434
11934
11934
40
9314
100»8 111
93 514
Nov'99
105 14
101^2
9979 J'ne'OO
89 157
881a
95«8l0034
95 12
83
96
100
IO512
IO212
83 14 89
94»4
11934 120
1171a 1171a
118 1201a
34 II314 1161a
llSiaMar'Ol
113i2Dec'00
91 12 Sep '00
119 Nov'OO
.
N
9434
M-S
1936 M-N 116
General 5s
1936 M-N 116
Guar stamped
1st cy gu 4s..iy24 F-A *118l4.
O <fe
West C Ist con g 63. 1914 J-J *117ia.
W
i09"i09"
127
I2714 Il'll24ial27i4
2!l24i»127
126
126
123 Mar'Ol ---il22 123
101 14 J'ly'OO
109 14 Feb'Ol
1091410914
83 Dec '00
108 Feb'Ol
106 108
102 Oct '99
109 Jan '99
127
126 Sale
1223*124
100
fundg 5s..l9()9|M-S
19:51
Ill»4ll7l2
119 120 117 "a .Ian '01
II912I2OI2 120 Mar'Ol
1147, Sale 1131a 114'f,
1927 A-O
Deb OS stamped
Rich & Meek Ist g 4s...1948!M-N
So Car & Ga Ist g 5s.... 1919 M-N
1926
II712
Aug'OO
Jan '01
112i4Au6'97
114
ET
MidserD
Series Eos
Series F 58
11634
Sale
117
114
1161a
J'ly'OO
RR
SyraBing&NY ,S'eeDL&W
Tiebo & N See M K & T
± er A of St L 1st g 4ias. 1939 A-O
1894-1944 FA
let con gold 58
St L M Bge Tergn g 5s. 1930 A-O
Tex N O See So Pac Co
116
.
MS
116
.
11534.
'103
2000 J-D 120 Sale
96
99
g2000 Mar
Tol& OC Istg 08
1935 J-J 1151a
Western Div 1st g 5s. ..1935 A-O 115
General gold 5s
1935 J-D 106
Kan &
98 100
1st gu g 4s.... 1990 A-O
9OI4
Tol P<fe Wist gold 4s.... 1917 J-J
TolStL<feWprlieng3i2S.1925 J-J
8438 85
50-year gold 4s
1925 A-O
Tor Ham & Buff 1st g 48.;* 1946 J-D
99
Ulster cfc Del 1st con g 5s 1928 J-D 107
nPac RRcfe 1 grg4s..l947 J-J IO6I4 Sale
Registered
1 947 J-J
1st Hen convert 48
1911 M-N 10434 Sale
Ore Ry <fc Nav Ist s f g 6s 1909 J-J
Ore Ry & Nav con g 4s. 1946 J-D 10439 Sale
Ore Short Line lstg68.. 1922 FA 128 Sale
Ist consol g 5s
1940 J-J 116 Sale
Non-cuminc A 5s
/il946 Sep
tltah <fc Nor 1st 78
1908 J-J 117
Gold OS
1926 J-J
Uni N J RR & Co .See Pa RR
Utah Central See Rio Gr Wes
2d gold inc 5s
M
-
<fc
&
North See
Black
Un
,
118
111514 llftiQ
115
Mar'Ol
116
104
119
90
116
Feb'Ol
120
98
Mar' 01
104 194
115igl20
90 100
115 llgia
llSUJan'Ol
1151*11614
1081a 10534
10638 Feb'Ol
97
92
92
99
95
Mar'Ol
86
92 12
88
la
180
8418
85
73
9812
9812 10 98
108 Feb'Ol
107
10534 106 la
105
1041a
103
110
104
1271a
116
106
119
113
'M
921a
86 la
108
106 <^
•223!V:i03
FebOl ..illO
110
104»4
l'2;12634l30
9115 116*4
10434
51,1103
128
11618
Jan
89
92
1041a 106^
1061*
IO412
105 '«
116
119
US
106
119
113
62 118
29,108
112
...I;i06
'01
Mar'Ol
Mar'Ol
...
....
Pacific
N Y Cent
WSee See
Mo P
See South Ry
R
Yer
irginia Mid
Wabash 1st gold 5s
2d gold 5s
Debenture series A
<fe
,
15 116
116
II5I2 Mar'Ol
II914 Sale 119^
IIOI2 110
19:59
1939
1939
1939
100
61
66 >a Sale
110
110
101
II912
110
Mar'Ol
...ti
6512 5882 40
SeriesB
llOV UlllO
Det & Ch Ext 1st g 5s. .1941
96i4Feb01
DesMoin Div 1st g4».. 1939
112 Feb'Ol ...II1I2
St Chas Bridge 1st g 6s. 1908
112
Wash Cent See Nor Pac
h
Wash O &
See Southern
121 Sg Sale 12II9 12134 14 1120
WestN Y<fe Pa Istg 53. .1937
lOOiaSale 1001* lOOi-j 25.: 95
Gen gold 3-4s
1943
31
1
40
40
Income 5s
dl943 Nov
West No Car See South Ry
West Shore See N Y Cent
W
Va & Pitts See B A O
W
V»Cent& P Istg 6s.. 1911 J-J
Wheel'gcfe LE 1st gSs... 1926
1131a Feb'Ol
11634 Mar'Ol
11634 Mar'Ol
-A.-0
WTieelDivlst gold 58.. 1928
Exten <fc Imp gold 5s. ..1930
let consol 4s
1949
Wilkes & East .See Erie
Wil & Siotii F See St V M <fc U
Winona & St P See C A N
Wis Cent 50-yr 1st gen 48.1949
W
J-J
F-A
11034
.
92 14 Sale
J-J
90!% Sale
90
91
901a Sale
77 Sale
86
76
91
78
65 "a
111
e6<>e
112
122
100%
40
113iall3H
117
.Illll4ll«\
.hll5
108 Sep '00
83 830
901a
M-S
119*4
96^ le-Jia
W
<fe
Car Cent Ist con g 4s... 1949
Sher Shr & So See M K & T
SU 8p Oca <fe G See Sav F <fe
Sod Bay <fe So 1st g 5s
1924 J-J
So Car & Ga See Southern
Southern Pacitic Co
95
1371a Jan '01
125
Div l8tg4-4ia-58.199elJ
1996, J
Registered
1918 J
Ala Cen R l«t g Os
1948 J-J
Atl<fe Danvl.stg4s
Atldt Yad 1st gr>iar48.1949 A-O
1916 J-J
Colife GreenvlstOs
Va&Ga Div g 58.. 1930 J-J
1956 M-N
Con Ist gold OS
1938 NI-S
E Ten reor lien g 58
1938|M-S
Registered
6s
1922 J-J
GaPac Ry Istg
Knox & Ohio 1st g 68. ..1925 J1915|J-J
Rich <fe Dan con g Os
Val Jnd
128
111
1934
St John's Div 1st g 4s. ..1934
Ala Mid Ist gu gold 5s.. 1928
BruuscSi
1st gug 48.. 1938
A
Mem
Utica
W 1st gold 68.. ..1934
Ist gold 5s
Sav
1994
1994
Ist con gold 58
Kegistere<l
Utah
<fe
MS
112
Mar'Ol
Southern—
<fe
llSSgJan'Ol
115i4Nov'00
120 '2 Mar'Ol
IO6I4 Mar'Ol
104 Jan '99
110 Feb'Ol
.
110
95
1st gold 5s
Sale
79^8 Sale
991-2
112
ioei«
E&
Tex€fePRyEDlvl8tg6s.l905
W
107
llOiaNoVOO
06
.
1906
1906
105
106
1933 A-O
113 Jan '01
Guaranteed gold 5»
113 118
107 Sale 1051a 107
1st guar g 5s. 1927) J78 106 107
86 Og
87 Sale
877, 364|| 777, 88
<fe A Pass Ist gu g4s. 1943, J-J
SoPof Argul8tg68cl909-10 J-J *
1131a 112 Feb'Ol
111 112
1905 A-O •1091a....
llliaJan'Ol
8 Pol Call8tg68
lOgialllia
1905 A-O *110 ....
11038 Aug'OO
Isf g 6« series 15
11034 Nov'OO
l«t g 68 series C <fc D.1906'.\-O 112 ....
F.l»12;A-0
Istg 68 series
1912|A-0 120
120 Feb'Ol
Ist gold 68
119 120
107 Nov'OO
1937|.M-N
guar
OR
Istcon
g
1905-1 9371M-N
109 Mar'Ol .. 10634 109
StaTUped
110
SPaoof X .\Iex Istg6s..l911 J-J 110 Sale 110
1 110
110
1937 J-J
S P Coast 1 St gu g 48
11034
1905
Feb'Ol
Ist
7s
Tex<fe N O
11034 110»4
IO6I4 Nov'97
Sabine Div 1st g 68. ...1912 M-S
1943 J-J 10634 Sale 10634 10634
Con gold 58
10334 107'8
122
StL<feSFran2dg6sClA.1906
Mar'Ol
1061a Feb'Ol
A
Virginia
M
N
107
gu g68....1907i J-J
C'al Iht
p:quip sink
St Jo<feGrIsl Istg :5.4s. .1947
St Law & Adirou Ist g 5s.l99(
2d gold 6s
1996
St L & Cairo See Mob & Ohio
St L & Iron Mount See
P
See Wabash
St L K C &
St L
Br See T Rli A of St L
High No "[Low HigJ^
FA
90 J'ne'99
11339 Mar'Ol
98 J'ly'97
9414
10084 Sale
Pitts iSee B R
P
Rome Wat & Og See N Y Cent
Tus & H See I'ere Mart]
Sag
alt LakoC 1st g s f 6s.. 1913
<fe
115
88
Rich <fc Dan See South Ry
Rich & Meek f>ee Southern
Bio Or West Ist g 4s
1939
Utah Cent 1st gu g 48.al917
Bio GrJunc Ist gu g 58... 19:59
BiogrSo 1st gold 4s
1940
Guarant eed
1940
Roch
,
Sale
&H
flee T>
II412
115
121
LE
KcKistered
Rensselaer <fe Sar
1141a
Sine*
Ore&Cal
S
107 la Oct '98
Pitts P
P 1st gold 5s ...1916
Pitts SIi<6;
lfitg58...1940
194:5
l8t consol gold 5a
West 1st g 4s
1917
Pitts
Reading Co gen g 48
133141331a
Feb '01
127
1997
1997
105
Rmngt
1081a \K>hH
2;108ialOgV
IO714 Feb'Ol -— .IO714IO7J*
104i«
Sale
10514 ISS'lOO 106U
1920 J-J
Ist gold 68
.115
&
J P M & Co cerffs
Pitts Y & Ash Ist con 58.1927
1081a Sale
N YT& Mer gu Ist g48. 1912' A-O
133i2lan'01
101 Oct '00
6a. 1920
19:59
Week's
Range or '^J.
Last Stle
Ask Low
Bid
H<feTClRtg5Hintgu..l937;J-J 111
Consol g (is int guar... 19121 A-O 112
Gen gold 48 int guar..l921:A-0 93
Morgan's La <fc T Ist 78.1918| A-O 137
Noof
W
&
112 'a
il7"MaV'06
61921
Marq g
112
107
Perc Manjuette—
&
Gal Har& S A 1st g 6s.. 1910 FA
190.- J-D
2d gold 78
Mei<fe Pac Istg 58.... 1931 M-K
Gila VG<fe N Ist gug 58. 1924 M-N
T l8t e 58.1933 M-N
Hous P: &
]«t gu g 08 redeemaTjle..l933 M-N
May'97
116
Pt Huron Dir Istg 58.19:!!)
SagTus<fe II Istgiig 4s. 19:51
Pino Creek icg guar (is. ..19:52
Pitts Cin & «t L See Penn Co
Pitts Clov & Tol 1st g 6s.. 1922 A-O
& Cli .SV« Penn Co
Pitts Kl
1922
Pitts June Ist gold (>8
Pitts & L Erie 2d g 58...al928
Pitts Mc Kees & Y .See N Y Cen
Priee
Friday
March 22
W
Pek Unl8tg68....1921
Isl consol gold 58
BOXDS
STOCK EXCHANGE
WEEK E>-DI>G MAKCH 22
N. T.
January 1
reg...//19or<
2dgol(14>2S
Flint
(^'«
1905
1919
Consol gold 58
nl919
Kegistered
194:5
Consol gold 4s
Alleg Val t^f-n ffu g 48... 1942
4>28..19:55
Ist
gii
Mar
g
CI <fe
D 11 K K & Bge 1 St gu 4s g.':5(i
Gr R<fe lex 1st gug4'<2S 1941
Sun & Lewis Ist g 48. -.19:50
U N J KR & Can gen 4s. 1944
Pensacola & Atl Nee I. & Nash
Peo <fe ]<;ast See C C C & St li
Peo<fc
Week's
Range or
Ask Low
Bid
*100
RK Ist roal est g 4s. 192:5
Consol BterliuggBs
569
Bond Record— Concluded— Page 4
]
N. Y.
Penn
J
304
89
93
85 ^
W
MISCEIX.ANEOUS BONDS-Concluded.
Am Spirits Mfg 1st g 6&..191o M-S
Am Threart 1st col tr 4s. ..1919 J-J
Bar<fe S Car Co 1st g 6s. ..1942
Gramercy Sug 1st gold 68. 1923
Steel Co deb 5s
1910
ISVii-couv deben 58
1913
Int Paper Co 1st con g 68.1918
Knio Ice (Chic) 1st g os..l92S
Nat Starch JIfg Co 1st g 6s 1920
Stan Rope <fe T Istg 6s... 1946
Income gold 5s
1946
US Envoi Co Istslg 68. .1918
V 8LeathCosfdebg6s..l913
m
81
Sale
J-J
105
A-O
90
J-J
A-O
FA
68
7 19
Sale
Sale
81
Jan
11
781a 86
'00
8934 Feb '00
99 *Jau'9!
70
10838 Sale
-VO
98
M-N 1081a
b'-A
80
106»8
93
Apr'9
1083. 134 106
109
AucOO
1071a
56 la
lOSia
7H
7h
68
107 14 110
461a 721-j
12
6
'»114
115
116
116
113iall6
1948
MS
5s 1919
M-S
33
217] 84'* 91
84 68
78
111
... Ill
97 29>a Si*%
113
NoT'99
Man Bch H 1. gen g 4s.. 1940 M-N
Newport News Shipbuilding
• •••«
<fr
it-
5s
J-J
NY* Ont Laud
Istg 68. .1910 FA
L Ter Cupplps Stal'n
rflfl90
<fe
90
Oct '99
Prop
Colstg4i2S 5-20 year. .191. J-D
1041a Sale
791a Sale
104
791a
AmDk<&Imp6s See Cent N J
No price Fr.ilay; latest bid and aaked. oDueJan
'
....
I
;U1 Mar-Oil.
831a
321a
Iron Steamboat 1st 6s
1901 J-J
Mad Sq Ganlen Ist g 5s.. 1919 M-N
St
Miscellaneous
Adams Ex col tr g48
Amcr Bicycle s f fleben
W W
Dry Dock
.t"-J
M-N
Miacellaneous
Bkln Ferrv Co 1st con g 53 1948 P-A
Bkln
&
a 1st 5s tr ctfs..
Chic Jc<fc St Yard col g 58.1915 j'-'j
DetM&M Id gr 3108 3 A. 1911 A-O
Hack Wat Reor 1st g 5s. .1926 J-J
Hend B Co 1st si g 6s.. ..1931 MS
HobokenL& I gold 5s... 1910 M-N
101 Feb'97
S Yuba Wat Co cong 6s.. 1923 J-J
1131a J'ly'OO
80S Sp Val Wat Works 1st 6s. 1906 M-S
Vermont Mar 1st s 1 os.. .10101
bDueFeb dDueApr (fDneJ'ne ftDueJ'ly k Due Aug wDueSep pDueXor jDueD**
IO412
801a
104M09
791a
_
.
YJ
.
.
.
THE CHRONICLE.
570
Volume
of Business at Stock
NEW YORK
TKANSACTIONS AT THE
DAIIjY,
Exchanges
STOCK EXCHANGE
C!ns Spciii-itieK
Bid
Indianapolis Gas stock
44
Ist Os 1920
M-N 94
ICansas City Gas
100
20
68 1922
A-O 5100
Gas
r-acl<Hle
weekly AND YEARLY
[Vol. LXXII.
-See
N Y Stk
Exch
l-:ifayetto(Ind) Gas,
Ist 6s 1924.
M-N
fvogan sport <fe
Val
1st 6s 1925
J.J)
40
45
.
Week ending
March 22
Stocks
1901
Shares
Saturday
740,621
1,628,665
1,636,965
1,264,693
1,221,516
1,334,703
<tc
V s
Bonds
State.
Bonds
Bonds
$71,915,600
157,810,500
160,969,600
123,847,800
119,075,600
128,696,550
$3,857,000
6.338,500
5,682,000
5.083,000
6,212,000
5,697,000
$iloo6
16,000
7,827,154 $762,315,650
$32,869,500
$16,000
Monday
Tuesday
Wednp-sday
Thursday
Friday
Total
Sailroad
J'ar value
Week ending March 22
Sales at
Jfew York Stock
Hxchange
1901
$8" 000
520
10,000
January 1
1900
2,500
3,500
to
$24,520
March 22
1900
1901
Wab
$24,590
16,000
32,869,600
State bonds
Kb. and mis. bonds
Total bonds
$534,760
115,500
16,013,000
$641,970
761,400
299,393,400
$300,796,770l
$32,910,020' $16,663,260
$3,073,140
895,200
129,283,700
$133,252,040
DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHLA.
EXCHANGES
Ohio
Ind Con Natcfe Til
Ist 6s 1926
J-I)
la
5o|t
Listed
shares
1901
Satiuday
N
BellTelephof Bnflalo...
South Aificr..
& Poto Teleph stk.
5s 1909-29
JJ
Coiiiraercial Cable
Commer Union Tel (NY)
sales
12,031
27,827
31,066
38,611
35,105
30,187
$51,000
109,400
84,100
90,440
101,500
41,215
19,873
35,982
24,587
22,020
34,171
47,280
3,617
8,153
7,788
12,297
13,220
8,851
$121,750
89,700
216,887
153,400
144,800
170,250
429,504
174,827
$477,655
182,913
63,926
$896,787
.
Friday
Total
Bond
Unlisted
shares
Listed
shares
sales
Outside Securities
State Tel.
Telep
NEW YORK
& Era P stock.
Bleeck St
Bid
Ask
CITY
35
100
230
103
110
37
lstmort4s 1950.. ..J-J
102
240
B'way & 7th Ave stock..
Istmort 5s 1904...J-D
105
Sdmort 5s 1914
112
J-J
Con 3s 1943 See Stock Exch Ust
B'way Surf 1st Ss gu 1924 3114 117
2d 5s int as rental 1905 1 103 105 >a
Central Crosstown stock. 255
IstM 6s 1922.,...M.N'?125 130
Oen Pk N & E Rlv stock. 203 210
Consol 7s 1902
J-D 104 105
Ohrl8t'p*r& 10th St stock 175 185
Col<fe 9th Ave 08 -See Stock Exch list
Dry D E B <fe Bat stock.. 120 135
118
1st gold 6s 1932. ..J-D 116
Scrip 5s 1914
F-A 101 103
Eighth Avenue stock.
390 405
Scrip 6s 1914
105 109
42d & Gr St Ferry stock. 392 402
42d St Man <fe St
Ave.
63
73
Istmort 68 1910. ..M-S 113 115
income
99
100
2d
6s 1915. .J-J
N
Lex Av & Pav F 6s See 8t kExc list
Ninth Avenue stock.
198 201
Second Avenue stock
198 201
Istmort 5s 1909..M.N no7
Consol 5s 1948
F-A §118
205
Sixth Avenue stock
tou Boulov 5s 1945.. J-J §111
119
225
113
oFerlst 5s 1919. ..A-O ao8
Third Avenue See Stock Exch Ust
Tarry
P & 58 1928 107 109
Yonkers St RR 5s..
104^2 107
28tli<fe 29th Sts Ist 58 '96 112
114
Twenty-Third St stock.
400 410
Deb 58 1906
J-J 103 106
Union Ry 1st 5s 1942 P-A 113
Westchest 1st 5s 1943 J-J 5105 110
W
Street Railways
Common
BEOOKLYN
109
117
W
N
102
100
New
Orleans City Ry...
Preferred
North Chicago Str stock
Ist 5s 190616-.. ...J-J
North Jersey St stock
Bonds
Pat Ry con 6s 1931.. J-D ni9
2d 6s 1914
A-O «105
Rochester Ry
27
Con 5s 1930
A-O no's
2d 5s 1933
J-D
91
So Side El (Chic) stock. .,
Syracuse Rap Tr 5s 1946 « 9812
Union Trac (Chic) com...
I514
list
103
OTHEB
106
RR
Preferred
Coluiu Ky con 5s
See
Crosstown Ist 58
Grand Rapids Ry.
Preferred
98
105
118
Ry—
Ist consol 5s 1931.. F-A
Deb 6s 1917
A.O
Chicago City
stock...
Cleveland City Ry
Oleve City 1st 5s 1909. J-J
Cleveland Electric Ry...
Con 5s 1913
M-S
Columbus (O) StRy
Ph
II712 118
108
24
83
29
112
93
IIOI2
100
I5S4
56>2 5634
United Rys (St L Transit) « 2312 24
Preferred
7612 78
Gen 4s 1934
JJ ? 907g 9H8
UnitTr& Eleo(ProT) stk 109 111
West Chicago St
102 14 103
M-N noi^e 10218
58 1936
Gas Secmitles
NEW YORK
Cent Union Gas Ist
NY
1091...
NY
<fc
East River
Gas—
common
M-N
130
150
115
134
154
117
Bait
list
OTHER CITIES
Baltimore ConsoUdat
-See
State Gas
li«
1
110
272
BulTalo City Gas stock...
1st 5s bonds
Chicago Gas
-See
N Y Stk
5
III2
7934
Exch
list
12
80 14
list
Cincinnati Gas & Coke... 205 14 206 12
4634 49
Col Gas L & Heat com...
8634 8834
Preferred
1st 58 1932
J-J 5IO512 107
Consol Gas (N J) stock..
12
16
1st 58 1936
80
J.J
83
Consol Gas (Pitts)
50
Preferred
50 t 5OI2 61
Bonds 58
114 IUHj
Consum Gas
1st 6s
(J
City)—
1904
Detroit Gas
-See
pref
J.J
I
Air Co
CoDsolid Car Heating 100
Consol Firew'k.s com. 100
Preferred
100
Con Ry Elec Lt cfe Equip
B
oston
"
75
177
124
32
60
20
76
ni2 12
312
26
250
85
BldglOO
80
'
6
30
300
93
82
Stock Exch Ust
Denver <fe Southwestern.
62 12 63
Preferred
70
5s 1929
JD 94 701a
9414
Diamond Match Co... 100 I3512 1361a
Distill
Co of
-See
6I4
61a
30
25
50
14
25
83 12
5 100 Hi
301a
.America,
Preferred
,
Electric Boat
Pr(>f(^rred
Elfctric Veliicle
Preferred
Empire State Sugar..
101 !»
6
40
35
.
General Chemical
100
Preferred
100
Gorham Mfg Co com. 100
Preferred
100
Havana Comra
26
52
16
35
85
5
Preferred
Erie & Western Trans 50
General Carriage...
rcial
Preferred
Ust
60
90
56
10
65
Rubber Tire
Preferred
Corbin Cabinet Lock.ioY)
Corbin (P & F) Co
25
Cramps' Sh &En
50
86
30
Con.sol
Crucible Steel
Ask
103
103
Hkr-Jones Jew'lMUl.pfd
1st 68 1922
M.S
Herring HaU-Marvin
1 St preferred
100
2d preferred
t
50
2h
2
78
100
110
120
105
14
59
"85
15
60
56
86
50
120
2
100
30
125
8
15
118
Hoboken Land & Imp't
n list
5s
:....
IO6
Sew Eng Telephone -See Bosto n list Illinois Elec Veh Tran 10
1
IH
Northwestern Telegraph 122 1261, International Elevat.lOO t 99
N Y & N J Telephone.
178 183
Interuat'l Pump -See Stk Exch Ust
5s 1920
M-N 112 115 Internat'l Silver -See Stk Excli list
Pacific & Atlantic
78
85
Preferred
30
35
Providence Telephone... X 88
Bonds
91
93
Soutliern & Atlantic
97 105
Iron Steamboat
100
2
4
Pel Tel & Cable of Amar.
6s 1901
67
J-J
68
West'n Union Teleg
Y Stock Excli John B Stetson com. .100 110
Preferred
100 115 130
Electric Companies
Lanston Monotype
20
70
80
AUeghenyCo Light Co.. 165 170 Lawyers' Surety
lOd 100 110
Eddy Electric Mfg Co. 26 t
12
Lawyers' Title Ins... 100 205
Edison El 111 Go N Y
Y Stock Exch Lorillard (P)pref
100 115
Edison El lU Co Brk N Y Stock Exch Madison Sq Garden.. 100
6
E(Uson Ore MilUng Co...
11
8
2d 6s 1919
M-N 40
II2
Electro-Pneumatic Trans
134 Manhattan Beach Co
18
18
l^ort Wayne Elec Co 68..
30
20
Markeen Copper
2»,
23e
Series A
15
25
Mex Nat Coustrnc'n pref 28
281a
General Electric Co N Y Stock Exch Monongahela River Coal \ 113e 114
Do pref -See Boston list
Preferred
50 \ 44
441a
Hartford (Ct) Elec Lt Co 180
Monongahela Water. .25 f 4012 41
Mo Edison Electric.
17
18
Mosler Safe Co
100
100
Do preferred
49
50
National Carbon
1578 16
100
Narragan (Prov) El Co 50 t 9212
Preferred
8234 83
100
Rho Isl Elec Protec Co..
Nat Enam'gcfe Stamp 100 20
23
14" 15
-;torey Genejal Electric.
Preferred
100
78
83
U nited Electric of N J
22
24
Nat'lGramophope
100
5
15
4s 1929
76
78
National San- prof. ...100
Unit Elec Lt "<fe'Pow Co! -SeeBa UUst National Salt See NY Stk Exch Ust
National Surety
100 180 150
Ferry Companies
Nat'l Tube See N Y Stk Exch Ust
Brooklyn Perry stock
26
2S
New Central Coal
20
30
35
NY<feBl8t5s 1911. J-J 89
N E Elec Veh <fe Trans 10 t
3
Con 58 1948 See Stock Exch Ust
100
70
Loan & Imp
85
Metropolitan Ferry 58... 108 110
N Y Biseult 6s 1911. M+v II410 116
X Y & E R Perry stock.
71
69
New Jer Zinc <fc Iro n 100
l8t 5s 1922
M.N 96 98
334
El Veh Transp..lOO
Hoboken stock.
821-2 Nicholson PUeCo....lOO 119
81
Hob Fy Ist 5s 1946 M-N 511212 II8I2 Otis Elevator com
2912
Con 5s 1946
J-D i 94I2 95
93
Preferred
N Y & J Perry27
Peck, Stow & WUCOX..25
let 5s 1946
3512 365i
J-J 105 12 107
Pitts Bess&
60
10th <fe 23d Sts Perry....
76
85
50
Preferred
72
75
Ist mort 5s 1919... J.D 5105
2334 24V
108
60
Pittsburg Brewing
Union Perrv stock
4312
83
48»4
32
Preferred
50
Ist 5s 1920
M-N 5 97 98 Pittsburg Coal
27
100
27>a
89 12 90
Preferred
100
Industi'ial and I>Ii8cel
100 160 168
Pitts Plate Gla,s8
Acker Mer <fe Con 6s 1903 100
Planters' Compress See B oston Ust
Amalg Copper -See Stock Exch Ust Pratt & TVTiitu p»ef..lOO 83
86
Am Agric Chem -See B oston Ust Procter* Gamble 100 320 340
Amer Bank Note Co... 50 f 51
55
100 207 208
Preferred
Am Bicycle com See Y StkEx c Ust Royal Baking Powd pref 96 9eia
281-2 291a
4534 46
American Bridge Co com
Rubber Goods Mfg
7612 77 >9
9812 99
Preferred
Preferred
62
25
American Chicle Co
85
65
88
BusseU <fe Erwin
100
Lt
138
141
Preferred
80
83
Safety Car Heat &
1034 Seaboard Air Line -See B alt UbI
Amer Graphophone...lO t 10
Preferred
12
10 t 11
Simmons Hardw com 100 166
lOVj
100 140 150
.Amer Hide & Leather...
Preferred
97f,
100 140 150
85
Preferred
37
2d preferred
100 250 276
68 -See Stock Exch Ust
Singer Mfg Co
Amer Press Assoc'n.lOO 76
Standard OUof N J. .100 797 800
220
American Screw
250 t207i2
Stand Undergd Cable 100
42
Sloss-Sheffield -See Stock Excii Ust
Amer Sheet Steel
t 4II2
9112 92
>•••••
Preferred
Soutliern Cotton Oil. .50 t 55
33
34
Standard Coupler com...
Amer Shipbuilding. 100 31
125
93
95
Preferred
Preferred
100
70
StUlw-Bierce A 8m V pfil
6
Am Soda Foun com.. 100 3
10
13
48
52
100
Storage Power
1st preferred
100 101 lOS'*
100
8
12
Swift& Co
2d prefen-ed
103 >»
American Surety
50 179 180
Ist 5s 191 0-1914.... J-J 5101
20
100
22
Texas & Pacific Coal. 100 101 12 • •••
Amer Strawboard
A-O 5106 110
F.A 101
Bonds 68
1st 68 1908
American Tin Can subs.. 10234 IO3I4 Title Guar & Trust. 1 00 460 476
4
8
55
Trenton Pottery com 100
AmTypefo'rs stock.. 100
60
100
68
62
Preferred
Amer Woolen -See Stock Exch Ust
>>••
212
Trow Directory new. 100 56
Amer Writing Paper...
3
334
4
III2 14
Union Copper
Preferred
10
6
Union Steel & Chain
69
70
58
30
22
2512
Preferred
Barney & Sm Car
100
12
5812 69<«
Union Switch <fe Signal 50
128
Prefened
100
7712 80
50
Preferred
50 125 137»2
BUSS Company com
60
Union Typewr com. .100 56
Preferred
50 125
114
116
100
preferred
Ist
Bond<fe Mort Guar. ..100 366 385
100 123 127
2OI2
2d preferred
20
British Columbia Copper
10
12%
Co
42
44
U 8 Cast Iron Pipe
Brownlow
41
39
Preferred
CeUuloidCo
100
98 102
50
100
com...
Envelope
S
23
28
U
Cent Fireworks com. 100
96
92
100
Preferred
75
Preferred
100
65
8234 33
30
46
V S Glass common. ..100
Chateaugay Ore & I 6s'15
100 120
Preferred
16
Ches & O Grain El inc..
42 12
Corporation
Steel
S
73
V
80
4s
92 12
Preferred
Cnesebrough Mfg Co 100 385 400
Va Coal Iron & Coke.lOO
6
7
Chio Peo & St Louis pref
88
6s 1949
107
Prior Ueng4i2S'30M&S 105
Westingh Air Brake.. 50 tl79i2 181
89
Oonmtgg5sl930.J<fcJ
88
Worthing Pump pref. 100 114 117
18
21
Income 58 1930
45
118
.
-
.
N
.
. .
'.
'.
NY
NY*
\
NY
.
N
LE
N
68... 510812
Con Gfts (NY) stock N
Stock Exc
EquitGascoB5sl932 See Stk E X list
Mutual Gas
297 301
New Amsterdam Gas108^4 109%
let consol 5s
NY Elec Lt Ht&Pow NY Stock Exc
Gold 58 -See
Stock Exch Ust
Boston United Gas bonds Bosto n
CITIES
Btiffalo street
IO8I2
Preferred,
Bay
105
97
23 12
98
202
Standard Gas
Preferred
1st 5s 1930
1st 4s 1949 See Stock Exch list
Kassau Elcc pref
89
6s 1044
A-O 110 114
J-J
list
109
Kings Co. Elevated—
1st 48 1951
22
95
200
107 12
22
82
83
113
243
114'2
KewWb' g & Fl l8t ex 4 ijjs
Steinway Ist 68 1922.J-J {117
Ask
Ist 6s 1944
JJ 5113 115
Consol 58 1945
110
J-J 108
Nor Un 1st 68 1927. M-N IO512 1061-j
Bklyn Rap Tran See Stk Exch Ust
Coney Island & Brooklyn 325
1st 5s 1903
J-J
Sscrtfsindbt 1903.. J-J
OS 1939.J-J
Brk C &
Gr St<feNew 1st 5s '06 F-A
©r'pt ALortraer St 1st 68
82
112
Preferred
Lynn& Bos 1st 58 '24. J-D ni2
Minneap St Ry 5s See Stk Exch
M
Atlan Ave 5s 1909. .A-O no7
Con 5s g 1931
A-O 114
Impt 5s iSee Stock Exc hUat
B B <fe E 58 1933. .A-O 104
Brook^n City stock
241
Con 5s See Stock Exch Ust
Bkln Orosstu ;-js 1908. J-J 105
Bkn Hgts 1st 5.S 1941 A-O 105
Bkln Q Co <fe Sub See Stk Exch
Bid
Indianapolis St Rv See Phila Ust
J C Hob <fe Paterson
25
28
4sgNovl 1949. ..M-N 81 82
Lake St (Chicl Elev stoek 14>8
Deb 5s 1928
3^ 102 '2 103
Loiuflv St Ry 58 1 930 J&
llS^j 120
Cong
-See
&
Coni])res.sed
.
116
107
Bid
101
101
N
For Weekly Eeview of Outside Market See 7th Page Preceding.
Street Rnilwaya
110
103
70
102
173
119
75
Ot-iitralife
<fe
Common
Col <fe Hock Coal
1st g 58 1917
1st 6s
Exch
dies
& Bay
Industrial and Miscel
(H B) 1st pref 100
2d preferred
100
Claflin
Empire Steel
NY Stk
Ainer Dist Tele
Empire
45
95
50
80
22
88
97
& Telephone
Bonds
90
Hudson River Telephone 120
International Ocean
116
Mexican Telephone See Bosto
33,968
76,947
89,028
81,668
74,677
73,316
Monday
Tuesday
weanesoay
Thursday
Bond
Unlisted
shares
55
Ust
95
40
58 1957.......
..J.j
91
St Paul Gas stock
45
Consol 58 1944
M-S 5 78
-*.vracu8e Gas stock .
18
Ist 58 1946
J-J
86
Westiirn Ga« (Milw)
96
5s 6'ee
Y Stock Exch Ust
Franklin
March 22
46
24
29
45
50
Stk E xch
N
People's Gas 6k Coke
Y
Philadelphia Co -See Plii
Providence Gas
St Joseph (Mo)
Uold<fe Stock
Philadelphia
30
102
65
&
Erie Teleg
Boston
Weekending
951a
AO
Telegr
BONDS
Governnicnthonds
50
-Madison (Wig) Gas stock
60
67
1st 68 1926
I0712 110
Newark Gas 6s 1914
5140 141
Newark Consol Ga8..l'66 55
58
5s 1948
J-D a 05 1(1534
New Eng Gas <fe C See B oston 1 ist
.
Stock.s— No. shares
7,827,154
3,823,537
70,991,834
29,054,653
Par value
$762,315,650 $376,709,250 $6,865,991,700 $2,776,864,012
Bank shares, par..
$10,000
$76,825
$43,250
Ask
M.N
N Y Stk
5103
Exch Ust
i02 1021* Essex & Hudson Gas
34
36
103 12 106 >a Fort Wayne (Ind)
36
46
Ist 68 1925
83
84 >«
6213
JJ^
45
10234 104
Grand Rapids stock
101 106
Ist 58 1915
38
40
F.A 5105 108
Hartford (Ct) Gas L...25 t 48
98 100
Hudson Co Gas
11a Ust
85
40
112 116
6sgl949
102 103
28>a Si's Indiana Nat & 111 GasIst 68 1908
82
83
M-N 48 66
{ Buyer pays accrued interest.
.
. .
. .
.
M&M
,
MS
t
Pr'.A*
p»r
«li»rfr.
-
.
March
THE CHRONICLE.
1901. j
23,
.
571
Boston, Philadelphia and Baltimore Stock Exchanges— A Daily and Yearly Record.
Sale*
Share Prices— Not Per Oentam Prices.
Barege of Bale* in
STOCKS.
ACTIVE
faturdav
March 16
Tuegday,
.
ifarcA 18
March 19.
Wednetday Thursday,
Friday.
March 20 March 2 1 March 22.
of the
Week.
Share*
f iBdloates anIlBted.
Railroad Mtoeks.
39S>2 38S^ 2R4
17a 173
l7ii4
•843 84!>
•i4 3
195 193
x'«S
61
165
186
•129
isfsi*
864
fJ3
216
196
165
153
•48
"iiU
48H
45U "Hh
145
14B
3i
144'a 145
*8«
88M
80M 31H
84H S5M
»l9i 3IM
48^i
345
349
•842
8>0
an
190
let
1«<« lea
168
155 165
•129
•129
45
45)4 '4C%
195
166
163
195
1M6
195
165
154
131
•48)4 48^
•144)4 '45
HiH
»i
86
31
86
91
91
33)4
91
174V, 176
195
30>a
91
355
24'.
»;«%
aij^
255
ars
81% 8(%
86 w 86M
82i)i
355
254
173
254
173
346
195
48% 45V,
47H 48
48X
*m 149
am 88«
31
ei
87
86
84^
a8M
24)<
2.J
91
210
195
'«7)4
154Hl
181
33
83)4
30%
32
8-i
84
23
91)4
•
(Boiton) .... 100
"
....100
"
....100
Boiton A Lowell
"
....100
Boiton & Maine
"
....100
Ohio. Burl. 4 Qnlnoy
"
....100
Chlo. Jnno. * un. Stock Ydi.
"
....100
Preferred
Chootaw Oklaboma&anlf.. (Phlla.1.... 60
"
.... 50
Preferred
...(Boiton).... 100
PItohbarK, pref
(Phlla.) .... 60
LehlKh Valley
Masnachaietti Elect. Cof. T.(Boiton)....100
....100
Preferred 1
....100
Mexican Central
(Bait.) .... 60
Nori hern Central
Boiton
48H 48
47V 4f!%
144% 145
144)4 145
33H :^3H
80
30%
3 1)4
89
1S3
•I'ifl
49
365
<fc
(Phlla.) ....100
Sm 87% 87H 8:% Northern Pacific
sex 89M 67H 81%
"
....100
Preferred
316"
'308
•308
aba"
100
(Boiton)..,,
SnSM
309
307^208
30S)4
Old
Colony
...
•i08
7a«
76
(Phlla.)....
60
7a>9
76%
77)4
Pemiiylvanla
76>6
liH 76% 78
76X
78X
"
17« 17 716 Reading Company
.... 5C
a
.
16M 16 7-le UH 11-lu 16 7-16
3f!^
.S6
5 18
36% 37
"
86!,<
.... 60
3fiH 36%
b
lit preferred
2 1)4 ^8)4
"
ai:>g 28
33
23 A
.... 50
2d preferred
22 5-19 8»»a
22M 38»4 2i 7-18
(Bait) ,...100
18)4 14
Seaboard Air Line
13« la's ISH 1394 13M 18)4
13H 13 V, ISX
"
....100
31% 3'i% 88!^ 8%H 33H 33)4 81% 32
88H 92« Preferred
32M 31
9i'^ 91
(Boston) .... 100
U8H «a% 9;% 94% CJnlon Paolflo
9i9i »8)4
93;4 94T4
9i9i V^H
8-% S'iM 8?)4 83 V, 8«« H5V Preferred
"
....100
85
86
8BM 8SW KSM 86
30>i,
30% Union Traction, »17% paid. (Phlla.).... 60
30^ 3074 30«i 31V 80)4 31)6 30H 81% i04 81
(Bait.) .,,. 50
16% IBM 137i 16% l6M >6H I6?4 15H 15% 16% •16H 16 United By & Bleo. Oo
93
95
(Boiton).... 50
96
95
WeitBnd Street.....
96H »7)4 136^ «5>i 94M 94M 94M 95
.Tlliiceilaneoaa Htocka.
(Boiton). ...100
1009< 1C2
10O>ilOl% 101}< 103H 101 112
lOOH '03)4 10l>4 103 Analgamated Copperl
"
39
29
..,,100
80
39^ 29
89
Amer.ARrlODl. Chemical T..
SO
2«)4 •2-1)4 '<i»
85
85
89
80
1%
140
140>4
131
153
847
lai
160
353
102^ 103M
800
850
IW
86
85
85
85
x88
83
2
2
2
2
3
3
359
855
103
360
103
856
104)4
dSO 8tJ0
17« 17h
69
40
40H
63
54
43
58« 64
4t
45%
63
66
OB
•85«
sm
17V<
•68>a
89)«
60
7
7%
7M ^H
13X J3H 13X 18X
»l)4 9'H
91
91
188 186
•180^137
86
8S)i
6M
an
7H
93
•186
86
e%
e«
1349< 136
18)4
64>4 e4>a
136
KM
•Bin
63
72 •
73H
BIdaad Iked prloei
INACTIVE STOCKS
14X
867
lOSX
855
Ajner.Ballwa)i(Phil) 50
A.U * Oharlotte(Balt) 100
17« 17%
69
89
59
39
63)4
49
6i>a
7k
93
137
37»4
6>t
186)4
Pref
Little
"
100
Bchuylk.(FhU) 50
Maine Central. (Boit) 100
MUiebU14SH.(Phll) 50
50
Heiqnehon'g Y. "
60
north Penn.... "
MaTqa'te.(Boit)100
Pere
"
100
Pref.
Phil Oenn 4 N.(PhU) 60
166
860
65)4
46
esia
76
150
97
140
61
63
103
68
76
00
76%
WeitNT4Pa.
17
43
130
a^
mer.OemeDtl(PhU)
7
4B
. . .
roadlan
.,
50
(Boit) 25
Arnold Mining.
AUantlc Mln'g.
•'
Baltic Mining..
•<
85
85
85
BethBt9el
(Phil) 6C
Boiton UlecLt.(Boit)100
Cambria Iron.. (Phil) 60
Canton Co
(Bait) 100
Oenten Mining. (Boit) 35
"
Central Oil
80
Con. Lakti Sap. (PhU) 60
"
Pref
60
Oanr.Beiiemer "
6
CeLong
4B "
IC
"
DUUB State St
10
•'
H
88)4
4
88)4
45V,
18)4
840
46%
97
S8%
12
38
41
18
45
136
3
34
4V,
33H
49V,
2S0
106"
abJK
13
aitonCouBl.(Phll)
dlionU
60
lU...(Boit)lUO
Am1.(Phli) 60
rrankllnMln'g.(Boit) 85
•eneral Bloot.. "
lou
"
Pref
100
Ind-HgTU Com Boit) .100
(
IntBiitH4SM
••
10
Illt8P4Dynam(Pbll) 00
UleBo7ala1...(Boit) SO
llanafMBub..(PhUj CO
"
Pref
60
llarrlandBrew.(Balt) 100
"
Preferred...
lOO
18V,
91)4
6%
6>4.
•63%
STOCKS -BONDS
Bid.
8V,
8894
<45
38
814% 816%
193
6
8
a
2%
9)4
48)4
43M
1
"3"'
7«
190
iarsanthaler .. (Boit) 100
"
< ox Telephone
IC
NewBngQi4C1 " ...
8. (Phil)
s%
18>9
5
8Vj
18
4)4
»Q
1
NoAmG Dredg(Boit) 10
36
4% 4V
Old Col Mining. "
"
87
36
88
Oiceola Mining.
Palmetto Co.... (Phil) 85
9i
68 la 63)4
Parrott81l4Cop(Boit) 10
Penn BleoVeh. (PhU) 50
H•9
"
Pref
60
"
50
Penniyl Salt...
78
PennsylSteelt. "
90
"
100
Preft
46
"
PhllaCo.
60
16
19
PlantersO)mpT(Bost) 1 00
"
176
35 174
Onlnoy Mining.
85
6% 6V
Rhode IslMln.. "
7 V,
7
6
Santa Tiabel Q "
8%
6
SnBqaeI4S1[..(Phll)
Tamarack Mln.(Boit) 35 338 348
6
Tidewater St.. (Phil) 10
87% 88
Torrin(!rton"A"(Boit) 35
"
87)4 88
86
Pref
,
4
4%
86
UnCopL4M'g "
37)4
DnBIL4Powpf (Bait) 60 85
133^
United Frnlt (Boit) .100 138
88
83^
25
Dn Shoe Maoh.. "
20
aOM
"
Pref
86
18% 18V
25
US Mining.... "
DSPHor8eCol.(Phli) 1
Utah Mining.. (Boit)4-85
4
S. (Phil)
"
Coal
WlDona Mlnlug(Boit)
Wolverine Mln. "
I
rei
Adjustment g 4i..l99S
Boston Term'l 3%s 1 947
84)4
7
.
6%
63
3^
36)4
6%
62%
101
100
|ioa)4 1C3M
96
94
116
116
86
83
-
BosUnaaslst5s.'39J4J
63
1939 J4J
2dM5s
Bnr4 Mo RIt ex'pt 6i.J4J |117)4
Non-exempt 6i.'18 J4J {10354
65
Sink fund 4s.. 1910 J4J -100
Oh Bur 4Q 4s. 1932 F4A jlCO
lowaDlT 4S.1919 A40 -loa
Chicago June 5S.1916J4J 111
Ch4NoM ga6i.'31M4N I10719
ilO)t
Ohl 4
M gen 5s.'ai J4D
Curr't Rly 1st 5s.'27 A40 tio;% lOSV,
DQR4Wlst4s.'4e A40 i w»% 100
W
M 6s K.'06 M4S 5u3
Fr Hlk4MVlit6s'S3end il37
Dnsfp'dlst6s.'33 A40 |lS7
m
last'n 1st
Debenture 5s.l913A4U
KCC4 Slst5iK.'25 A40
99S>
i
;
89H
108)4
103%
83
91
{103
KCStJoiCB7s.'07J4J {117
LRook4F8 1st7s.'05J*J {106 107
MarIIAOnt6i...'a5 AAO 1118
b4
Mez Cent 4s g.. 1911 J4J { 83
33)4 33)4
1st con iBO 3s g non-com
18)4 19)4
8d con inc Ss non-cam..
5s
480
4,4fe3
K C4 M Rt4B Bi.'29 A40
NBQas4C
lit es.. 1937
1907
A40
1
I103)i
68
1
104'"
esv.
{103
•
•••I
90%
18K 137H
7,174 38M
18,486
0)4
8,839 138)4
7,162 11)4
42 40
80
54
98
117
100
181
119
Bzt4Imp9i.l90lM4e
100%
NoBaltDlv5s.l943J4D
OonT'rtible9sl906M4N 101% 108%
Central Ry 6s..,1918 J4J
Con80l5s....l932M4N 118 130
Bxt 4 Imp 5S.1932M48 117
Chas City Rylit 5i 'a3J4J 103%
• . • .
Chas Ry Q 4 Bl 5i '99 M46
94
96 V,
CharlC4A ezt5s.l910J4J 107%
8d7i 1910
A40
City4Snb l8t5i.l922J4D 117
119
Clty4Sab(Wash)lstSs'48
88
90
Col4Gmvlst6-9.1917J4J 117
Consol Qas 6s.. 1910 J4D 114
Lake R Bl lstgn5s'42M48 117
MaoondkNlit 4%i '90M4S
Maryland Brewing 6i ....
69
Met8t( Wash) 1st 5s'25FA
New Orl Uas 1st 5s...Var
NewpNA0Plst5s'38M4N
ei •(
60%
109%
9019
9riV
Income 4s 1949. ...J4D
73% 73V
VlrgMidlst6s.l906M48 109 110%
Fnnddebt8-3s.l991JAJ
66
Feb.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
6
80
30
14
4
31
4
4
17
lb
IC
4
67%
7H
8%
Feb. 11
Jan.
8
Feb. 18
16
Feb. 18
99 Jan. a
139 Jan. 30
38V Mar. 6
8% Feb. 18
8
128)4 Jan.
17
Mar 30
6 1 % Mar 16
63)t Mar. 18
73)4 Feb. 31
Bid.
West N C con 6S.1914 J4J 118
Al>».
116
183
il6%
AlleVyBeit78l910A4O 137
lasK
04%
WestVaC4Plst6g.'llJ4J
Wll 4 Weld 5S..1935 J4J
117
118
113
118
,
95V 89%
96
64
lie
93
tr otfs
M4N
J4D
no
BBoroOaslst5s.'38M4b
b9*'
109H
......
109
01t's'StRy(Ind)oon Si.'33
4 B Bk
l8t7i.'05
Ist
F4A
M 5s.'20 M4N
Bdlson Bleo Ss atk tr otfs
Blec4 Peop's Tr stk tr ctf e
BIm4Wllm 1st Bs.'lO J4J
Income 5a... .2862 A40
Bq lUOaa-L 1 at g 58.193b
Heatony M 4 F con 58.'24
H4 B Top con 5s.'25 A tO
Indianapolis
Ry
4s..
Ist 6s..'20
1933
J4D
E C Sub B
Lehigh NaT4%s..'14 Q-J
1914 Q-F
RR4Bg
9'5%
ii6%
ii5k
100% 100%
109"
*
iteti
110
79
lie
••
108" •••§
aenM4%Bg..l924Q-F
Leh VG'l lst5sg.'33J4J 107
Leh Tal ext 4s.. 1948 J4D 181%
1910 M4
2d 7s.
1923 J4D
Consol 6s
Annuity 6s
J4D
Nat Aspbalt col 6s
.
Com
,
M4£
18
Penn Steel
1
SeoAvTn(Pitt«)5i'34J4D 118
*••••
Sar Fla 4 West 5s '34A40 110
Seaboard A L 4s 1950..,,
78V 79%
Loan oertf s 1903
XOiH
Saab 4 Roan Ss. 1 926 J4J 111
118
UuBlL.4Plit4%t'39M4N 86
88
3i new.'3aj4J
3C
I08)i
•
NorthCeut4%s.l925A40 117
6s 1904
UO
J4J 108
Series A 5s 1926.... J4J 126% 187
Series B 5s 1986.. ..J4J 136%
Pitt Dn Trac 6s.l997 J4J 116V,
PotomVal lst5s.l941J4J 101
• ••
6th series 61.1926
Mar. 13
Mar. 6
^IMJan. a
60)4 Jan. 19
4 0)4 Mar. 16
99 Jan.
a
56
Feb. 7
130
61
1939J4D 11354
aa 4Alalstpf5sl945A40 108 109
QaCar4Nlst5ig.l929J4J 106% 100
<^orgiaPlst5-6a 1923J4J 137% 188
Oa8o4Fla lst5s.l945J4J 113H *•••
KnoxrTrac lst5s '38A40 90
95
Va (SUte)
106
890
New'k Con Qas 6s '48 J4D
Newark Pass con Sb.1930
NYPhil4Norlst48 '39J4J
Income 4i. .1939 M4N
No Penn lit 4i..'36 M4N
(ilenM7i
1903J4J
Penn gen 61 r... 1910 Var
Consol 6sc..,.190S Var
Consol Ss r
1919 Vai
Penn 4 Md Steel con 6s
Pa 4 N Y Can 7s.. 06 J4D
1939 A40
Cons 5s
nm
118%
ad series 6s.. 1911 M4S
3d series 6s..l9ieM4S
4th ser 3-4-Ss.l981M48
•/
BONDS
Del
.
Kl li\.4a'49.M4S
4%
8%
90
161!
Bast4A
BaltCPaslit5s.l911M4N 111% lia"
Bait Fundg Ss.l919 M4N 125
Bxchange 3%s.l9S0J4J 118H
Balt4Pl9t6aml 1911A40 •••>
UnB7 4
U
31
Colnm St Ry 1st con 5s.'32
Con Trac of N J 1st 5s.. '38 110
118% 119
.
Norfolk St lst5s'44.J4J
aiiJan. 13
V Mar. 4
62)4 .^an. 21
460
44J
16
85i4 Feb. 16
Cambrlalron 6s.l9I7J4J
Chei4D CanlitSs.' 1 6 J4J
OhooOk4a gen 58'19J4J
Atl Coast L ctf s 5s J&D
Bait Belt Ist 5i. 1 990M4N
lit 68 tunnel 1911..J4J
Bal Trao Ist 5s.l929M4N
Jan. 11
Jan.
4
87)4 Mar. 6
2C9HMar. 15
77*4 Mar. 38
18)4 Jan.
7
7
3>:V F-eb.
33 16-16Jan-7
14 V Feb. 18
33)4 Mar. 15
97V Feb. 7
90)4 Feb.
7
37 Jan.
8
17% Jan- 7
c8 Mar. 11
Berg4BBrewlst6s'aiJ4J
90
5a
.
S3
91
H8
1«
18 147M Jan.
3
IB 124
Mar. aa
4 I64X Jan. 14
b 370
Mar. 5
g.. '19
Balls Ter 1st Ss. 1926
Weit Bnd St 61. .'02 M4N noa
1914 M48 I
4%i
Deb4i
1916 M4N {
Bonds— Baltimore.
1st 7B.1907 J4J
AtlG-LlghtlBt5sl917J4D
87
i
473
6
Mar. a2
Mar. 23
M*r. 10
Jan. 18
Ma'. 83
Mar. 30
Mar. 38
'.H'/i
'jC
Mar. 21
41)4 Jan. 3»
Atl City 1st 5s
.
Atl4Ch
48
145
35
33
46
1,670
n
l«7HMttr. 19
160
Mar. 11
181
Mar. 38
31
889
Asphalt Co 6s
lit mort6s.. ..1906 J4J 1109
Rntland 1st 6s.. '02 M4N no3%
i
Torrlngton lit 5i 1 9 1 8.
4 Pot
4
Bonds— Philadelphia
NT4NBnglst7s.'05J4J «112H
AnacoBtla
6
7
Baltimore— Conolu'd.
New Bng Tele 6s.' 16 A40 no8
6s
Mar.
Mar.
24 5X Mar.
186
Jan.
31 104
Mar.
S3)4 Feb.
84)4 Jan.
38 Jan.
80 Jan.
!« Feb.
U. Jan.
1819< Jan.
117 Jan.
161
Jan.
100 Jan.
76 Jan.
830 Jan.
16H Jan.
58 Jan.
3^% Feb.
8,851
Bid. ABk
Boston— Concluded.
NewBngcongen5s'46J4J
N KCotYarn 5s 1929F4A
i
KCFtS4Glst7s.'08J4D {115
K C F S4M0OU 6s.'28M4N {181 181%
K C M 4 B 1st 4s..'34 M48 { 99H 100
Income
.
.
10
60
86
85
Bonds— Boston.
AmBeilTel4i..l908 J4J
AT4SFgeng4i.-95A40
.
10
25
.
BONDS
Ask.
MISCBLL.—Conoladed.
Warwick
«10M
Consolidated Oai
39
Dominion Coal
48V, Brie Telephone
....
....
3,058
1,107
6,86:
76
4,32'
.
lUln Steel conv Ss.'lO J4J
840
0^%
35
paid... (Phlla.) .... 00
(Bait.) ....100
. .
73
73
a 10 18-16
New Hay I 4
Steel,
.
e%
7%
DomluCoallgt6s.'13M48 nio
10
OM
Domin Coalpf.(Boit)100 110 111
DomIron4S.T " .,
S3
881a
Ueo Ooof
66
180)i 136)4
16
16)4
made.
Weitm
Allonei Minlnct(Boit) 35
I.
«%
125
4 Heola
872
....100
....100
....
(Boiton).... 100
47
"
....100
"
FederalSteeL
....100
66
68)4 Lehigh Coal 4 Narlgatlon.
(Phlla.) .... 60
"
6;4
6« Manden Col
....100
,
"
.... 60
7m 7)4 National Asphalt 1
18>» 13)4
"
PreferredT....
.... 60
*9iv, 98
New Bng. Ootton Tarn, pref.(Boiton) , , ,.100
•186
188 New Bngland Telephone
"
....100
86
38 Old Dominion Copper!
"
.... 35
,
«H 6% Philadelphia Bled 6pald.. (Phlla.)
ia4M 130 United Qas ImprorementT..
"
.... 50
16
(Boiton).... 25
1«H United Statei Oil....
64 85 Welibaoh Co
(Phlla.) ....100
WestinKh. Blectrlo 4 Mf g
(Boiton) .... 50
•83X
•73
"
Preferred
5(
10 6-16
36 S-16 36 11-16
b39 9.lH 88 11-16
91M
188
86% 86
87)4
8)4
135)4
17
17)4
.
25
DnPow4Trani •
88M
Weit Hnd pref. (Bolt) 50 111% 118
WeitJer4SS.(PhU) 60
mer.
3544
17X
68)4
•88
137
78H
•
50 *98%
2V,
KyiCoOenerall " ..
(PhU)lOO 880
United N J
MI80BLLANB0US.
187
7;J«
178
803
60)4
13)t
flS
•••••
46
7)»
63
Bid. |ABk.
22.
38
33)t
13v^
98
138
63
Phlla. Traction
"
50
Wli Cent, new.(Boit)100
"
100
Pref
WorNaih4B. " 100
13X
•91)4
73)4
no lale wa
17X
88)i
•08^ 69)4
6%
:%
'
46
74
85
96
136
08
168
BQtte4BoBton
Culnmet
Cambria
6M
*
870
34
103)4
856
86
6)4
7)4
15X
160%
10<l
855
17S4
"
"
"
"
"
PreferredV
Amer. Telephone 4 Tel.Co..
Boston 4 Montana
:<B7
836
en
6)4
803
3! 3
icox 104
80O
17«
Pref.
rt8 4M..(Boit)100
800
404
Central Mail...
M
305
lOuX 104
86B
855
16J4
Boi4Malnepf.(Boit)10C 170
100 300
Boiton 4 ProT. "
"
100
"
100
"
100
00Bn4Paaiam
"
100
Oonn ElTer....
OoiuolTrPlttiT(PhU) 60
"
Prefl
,...
60
tfa Soath 4 Fla.(Balt)100
"
100
lit pref
"
100
Sd pref
e'rmant'n Paii(Phll) 60
60
HeitonT
4T "
"
60
Pref
"
100
Indi Street
353
69
RAILROADS.— PHcet Mar.
KO
333
706
31', 978
685<
72
18,93:
142H 141 142?^ 14 i" i41*9< UOH 143H
128
1811| laiH laa
ia2^12iH 1.^2 183
133X 124
1152
180
lAi
162
iei>9 18<)4 IHi
161)4 1«IX laa
17>*
0\i
ic
....100
(Phlla.).... 50
American Alkali
"
.... 60
Preferred, 910 paid
143% American Sagar Befinlngl. (Boiton). ...100
140
40V,
184H 134^
13M 18
54
64^
"
Preferred!
'^
1,117
89H
86
6
85
43 341
U
Jan.
y
4S4 19a Jan
28,979 139HFeb. 14
191 14:^% Jan. 21
100 126 Jan.
8,485 37X Jan. 33
1,798 43
Feb. 20
343 139 Jan. 19
7,717 %9hi Jan.
4
18,036 84
Jan. 39
10,S6i( 77% Jan. 17
14,677 18>4 Jan. 89
146 88)4 I'ln. It;
900 79 Jan. 81
87K Mar. 4
47^ i(i5 Jan.
5,618 71 M Jan. 21
04,9r8 12m Jan. 4
6,555 32 8-16Jan .25
81,7!0 IB Jan.
4
11,500
9K Jan. 81
10,875 34KJan. 81
13,807 78)4 Jan.
4
1,650 82 Jan.
4
35,680 8C)|Mar 16
8 480 lev Vlar. 19
799 9:^V Jan. 8
a
17«
48^
86
Bighett
148 201 Jan. 8 256
329 109X Jan. 1: 180
Albany
174>< 174H Boston Kievated, foil paid..
ie»H 164^
103
145
3'«
3S6
174H17tH
Lovoetl.
1901.
1939
4s
M
M
M
45%
.
••e«t»
lOSV
104%
1C4
80
90
tail
108%
•
• •
ae.
I'la"
Ill
• s t •
•«
•
••t
107
117
A40
M4N
lst5s.'17
People's Tr tr certs 48. '4
Phlla Bleo gold iruat otfs
Trust oertf s 4i
PhABr gen 5g.'30 A4C
Oeu
4s g.. 1920 A40
Ph 4 Read 8d Si.'S3 Aixj
Consol
7s. 1911 J4i:
6s g... 1911 J4l
Cou
M
188
184
180
110%
1U8
108
70V,
184
111)4
189
181%
180
109
104*" 100
189%
Terminal Sa g.l941 Q-1 189
•
tt>
P Wll 4 Ball 48.1 917 A4c
Cohattruat 48.1931 J4J 10«%
94
94%
Re»J Co g«u 48, 1997 J4J
Rochester Byoon5s.l93C 110
SchRBSldelstSa g'3SJ4U na
SoranTrac lst6a 3:iM4N 180
United N J 48..1944M4b
UnTracPllti gen5s'97J*.i iVo'
77% 77K
We.sbach s f Sa 1 930. J4D
91 : pai.
lAud interest.
0T«rdne
C8.
oonpv•Priee Includes
BztImpM4ig.'47 A4(
Cou Mof 8a4a.'37 Jii.
•
)..
..
......
..
..
.
..
..
..
..
THE CHRONICLE.
57 2
Iwxrjestmjewt
aM
[Vol. LXili,
^aik^ad ^uUllxQmcz.
RAILROAD EARNINGS.
The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from Julj^ 1 to and including such latest week or month.
The returns of the street railways are brought together separately on a subsequent page,
Notice Chaiigo— Our yearly totals now all date from July 1.
Zatest Gross Earnings
EOADS
Week
or
Adirondack
Ala Ot Southern.
Ala jridlaml
Ala N O & Texas.
AJJoEast.
Current
Year
Month
January...
"2(1
wk Mar
February
16,363
42.,S73
92,690
I^revious
Year
$
15,214
42,649
84,271
July 1
to
Zatest Date
Current
Year
$
116,528
1,569,023
720,968
AW
.
.
.
A Saco R. January..
Brunsw A West'n February
BuflfRochA fitts 2d wk Mar
Bridgt
24,863
24,795
2,737
465,709
474,731
55,755
98,958 4,008,395 3,247,994
Buffalo ASusq... January
.59.999
435,245
501,925
62,617
Burl C Rap A No IstwkMar
98,540
98,742 3,523,144 3,571,652
Canadian Pacitlc 2d wk Mar 559,000 525,000 21, .395,058 21,584,832
Cent'lo' Georgia 2d wk Mar 137,365 133,325 5,236,590 4,552,821
Cent'l New Eng. January .
432,412
445,974
62,977
53,918
Cent'l of N.Jersey January .. 1,406,018 1.303,419
Central Paciflc. January... 1,307,373 1,265,260 11,716,356 11,464,985
12,34^
Cent'l Pa A West December
12,264
1,752
2,162
Charleston A Sav February
94,275
497,313
420,311
76,628
Chattan Soiith'n 2d wk Mar
1,470
1,752
69,934
65,617
Chesip A Ohio.. 2djwk Mar 287,954 240,946 10,851,049 9,340,227
Chic & Alton Rv February
666,627 595,256 6,154,050 5,232.899
Chic Burl A Quin January .. 3,734,661 3,510,243 30,200,078 29,021,921
Chic A E Illinois 2d wk Mar 110,609 108,438 4,065,518 3,792,587
ChloGtW- stern 2d wk Mar 132,051 132.219 4,916,482 4,797,241
Chicind AL'v.. 2d wk Mar
76,672
76,375 2,844,259 2,910,301
Chic Milw & 8t P 2d wk Mar 813,023 766,713 30,409,430 30,128,508
Chic A North W'n February . 3,104,737 3,104,002 28,738,019 29,033,552
ChioPeo AStL.. February . 108,288 135,474
931,256 1,012,508
ChicRI APac... .Tanuary .. 2,194,490 1,822,536 16,501,966 14,840,304
Chic St P
A O. January .. 773,396 791,325 6,613,675 6,684,275
Chic Term Tr RR 2d wk Mar
24,813
23,775
981,964
857,671
Choc Okl A Gulf. F'ebruary *312,000 *198,000 2,930,990 1,667,318
OInNO ATPac. 2d wk Mar 94,078 95,114 3,467,690 3,612,684
Cin Portsm A Va February
23,697
25,846
265,868
239,429
CI Cin Oh A St L. 2d wk Mar 302,173
327,123 12,511.602 11,861,525
Peoria & East'n 2d wk Mar
48,720
47,163 1,729,958 1,658,597
Clev Lor A Wheel 2d wk Mar
40,990
38,798 1,377,533 1,387.994
Colorado A South January
376,736 369,388 2,843,058 2,586,766
Col Newb & Lau. January
16,148
16,292
103,084
99.091
Col Sand A Hock 2diWk Mar
17,066
20,946
759,821
699,512
Cornwall ALeh. Januar.v
22,284
27,722
146,144
173,505
Cumberl d Val ey January
80,504
74,430
665,975
623,890
Denver A Rio Or 2d Wk Mar 182,800 173,000 8,093,613 7,181,169
Denv A Southw. December 212,550 210,173 1,235,449 1,201,789
Det & Mackinac. January ..
63,406
65,344
476,305
420,026
Dul A Iron Range January
81,346
69,697 2,675,715 2,811,626
DulSoSh A Atl.. 2d wk Mar
49,186
45,322 1,724,034 1,816,343
E St L A Carond. February
12,600
12,403
100,980
103,863
Bl^n Jol A East. February
164,915 155,958 1,285,367 1,268,923
Erie
January
3,189,894 2,928,709 22,523,833 23,282,525
Eransv & Indian 2d wk Mar
5,415
6,433
233,816
261,054
Evansv A TH.. 2d wk Mar
26,708
27,912 1,018,628 1,030,432
Find Ft
A W.. February
8,165
7.5,244
7,060
85,570
Ft
A Denv City January
191,317 128,017 1,270,012 1,013,474
PtWARioGr... IstwkMar
7,472
9,201
459,124
319,658
Gads A Att Un.. November
l,2d6
1,755
7,079
7,371
Gteorgla RR
January .. 177,510 149,634 1,118,450
983,153
6a South A Fla.. February .
95,706 101,399
820,204
796,582
Gila Val G A N.. January .
29,974
28,990
221,608
209,257
Qr Trunk System 2d wk Mar 574,935 506,9:i7 18,017,006 17,747,838
Gr Tr A West'n 4th wk Feb
65,655
69,753
Det Or HAM.. 4th wk Feb
18,177
14,532
721,933
705,853
2,926
57,989
113.532
.
.
M
.
W
W
Week
or
$
126,135 Los Angel Term
1,532,506 Lou Hen AStL..
645,162 Louis V A Nashv.
Macon A Birm...
1,249,551 Manistique
604,122 t Mexican Centra)
504,785 Mexican Intern'!
1,199.324 t Mexican Nat'l..
43,907 ^Tenican North'n
59,992 JMexlcanRy
27,534,736 Mexican South'i)
1,303,523 Minneap A St L.
281,465 MStP AS StM.
426,027 Mo Kan & Xexa.'^
4,138,163 Mo Pac A Iron Mt
119,480
Central Branch
105,505
Total
Pac .Juno
February
163,925 160,054 1,319,060
Ala& Vicksb'g February
7S.200
74,513
637,750
Vicksb Sh AP. February
621,791
80,249
56.264
Ann Avlior
2d wk Mar
28,972 1,232,867
33,780
AiinWa?li A Bal. January ..
36.313
3,856
6,159
Arkansas Midl'rt. November
61,230
16,647
16,408
Atch Top A S Fe. January .. 4,416,836 3,721,254 31,363,452
Atlanta A Char.. December
259,194 229,794 1,467,724
Atl Knoxv A No. February
36,007
319,968
28,090
Atlanta
Pt.. January ..
453,676
72,552
64,118
Atl Coast Line... January .. 692,783 644,953 4,328,799
Atl Vald A West. February
153,610
16,651
20,390
Anstin A Northw January...
12,281
171,184
27,017
Bait A Ann SL.. January
6,264
7,651
Bait A Lehigh... December
11,427
10,966
79,485
82,848
Bait A Ohio
)
B A O Southw. ( February 3,515,683 3,201,114 31,069,286 27,930,276
Banj?or & Aroost January
697,033
124,240
830,785
87,295
Bath A Hammoii January ..
29,687
30,049
2,054
1,765
Bellefonte Cent') February
27,064
29,513
3,113
3,803
NO
Zatest Gross Earnings
E0AD9
Previous
Year
Mob Jack A
A
Mobile
K
C.
Ohio...
Mont A Mex Gull
NashCh A St L..
Nevada Central..
N Y C & Hud
Riv
N Y Ont & West.
N Y Susq A West
Norfolk A West'n
Northern Central
North'n Pacltic.a
Ohio River
Paciflc Coast Co.
Pacific Mall
Ponnaylvaniaj...
Penn A Northw'n
Pere Marquette.
Phlla A Erie
Phila
Pitts
Wilm AB..
Bess
A LE.
Pittsb C C A St L
Pitts Ch A Yough
rlttsb
West'n.
Pittsb CI A Tol
Pittsb Pa A F..
&
Current
Month
February
February
2d wk Mar
February
February
2d wk Mar
Nove'nber
2d wk Mar
January...
Wk Mar 2..
wk Feb
wk Mar
wk Mar
wk Mar
wk Mar
2d wk Mar
2d wk Mar
4th
2d
2d
2d
2d
$
13,139
51,104
606,700
10,053
7,P81
3.50,685
493,670
163,484
58.187
83,300
17,748
68,532
82,0.59
233,483
571,000
22,000
593,000
March 17..
3,194
February c482,700
February
100,440
February a609,320
January ..
3,722
February 3,820,509
January .. 483,020
January
263,674
2d wk Mar 297,551
January .. 684,436
2d wk Mar 573,070
2d wk Mar
23,702
January...
337,499
December 260,580
January 7,466,171
January ..
65.626
2d wk Mar 107;644
January .. 441,396
January .. 884,140
2d wk Mar
29,051
January
1,656,500
October
21,166
Ociober.
214,463
October.
109,706
October.
38,140
2d wk Mar
75,003
.
.
.
Total system...
Plant SystemAla Midland... February
BrunsA W'n... February
92,690
57,989
94,275
504,009
20,471
8,768
42,492
556,970
5,655
9,390
337,314
354,672
150,065
60,207
95,300
19,049
51,728
91,407
214,426
513,000
21,000
534,000
2,297
c477,470
July 1
to
Latest Bate
Current
Year
$
112,803
444.484
20,464,513
77.034
53,895
11,771,254
2,232.119
5,286,725
405,510
2,881,400
74,140
.517,665
2,314,550
3,059,305
11,089.068
23,157,940
960,739
24,118,679
100.152
c 4,201 .000
905,129
a5,173,672
19,569
37,464,933
3,034.102
1,425,804
11,149,495
4,729,990
23,781,138
1,068,398
3,155.601
1,645,830
52,220,772
409,771
5,910,779
3,631.522
6,819,078
1,673,503
11,268,713
70,297
758,249
414,668
205,262
2,635,149
84,271
55,755
76,628
412,577
21,459
720,968
465,709
497.313
3,409.197
138,751
101,.548
a568,242
1,936
4,010,370
391,985
228,246
266,060
657,236
556,675
22,706
393.336
350,790
6,424,271
67,782
106,759
390,213
863,240
30,571
1,648,137
18,293
182,629
98,441
40,529
Previous
Year
81,023
418,640
19,787,120
50,774
58,479
11,783,536
1,883,299
5,104,523
375,859
2,991,710
491,907
2,029.904
3,601,231
9,481.865
21,123,614
947,491
22,071,105
75,502
c 4,129 ,463
833,481
a4,804,062
16,913
36.703,869
3,070,399
1,644,384
9,677,182
4,742,490
22,331,394
936,825
3,230,868
2,016,035
46,198,072
406,511
5,269.436
3,567,109
6,506,678
1,432,479
11,636,299
72,188
699,535
367,991
167,623
2,507,130
645,162
474,731
420,311
February
Chas A Sav
2,881,161
Sav Fla AW... February
180.307
SilSOcAG.... February
Reading CoPhil A Read.... January .. 2,490,817 2,297,044 16,467,418 16,038,821
January .. 2,826,354 2,22.5,162 16,748,751 18,882,095
Coal A Ir Co.
Tot both Go's.. January .. 5,317,171 4,522, '206 33,216,160 34,920,916
527,518
567,254
78,617
Rich Fr'bsb A P January ..
87,292
309,295
358,161
40,178
35,838
Rio Grande Jet.. January ..
375.049
390,090
9,386
Rio Grande So... 2d wk Mar
9,781
2d wk Mar
71,600 3,330,739 3,095,409
Rio Gr'de West
79,600
945,548
926,456
February
91,029
103,726
St Jos AGrI
72,481
90,046
7,150
11,370
St LKen'et ASo. February
47,328
.55,555
January ..
6,822
7,168
StL ANArk
155,397 7,177,.591 5,701,245
St L A San Fran 2d wk Mar 188,041
2d wk Mar 147,679 105,156 5,452,797 4.390,901
St L Southwest
StLVan&TH.. February 152,343 147,188 1,318,705 1,317,404
San Ant A A P... January
224,838 153,643 1,700,063 1,444,436
57,4'
650,738
692,558
61,019
San Fran &N P.. February
18,436
17,993
SFe PresAPh... IstwkMar
504,009 412,577 3,409,197 2,881,161
Sav Fla A West.. February
310,571
579,352
6,811
15,708
Sher Shrev A So 2d wk Mar
180,307
138,751
21,459
20,471
SilSprsO&G... February
162,811
192,179
21,717
26,037
SoC AGaExt... February
2,461
2,809
So Haven A East. February
February
34,532
Southern Ind
97,977
134,760
11,529
15,766
SoMIss A Ark... February,.
January
5,341,905 45,393,166 41,466,525
..
6,212,708
So Pacific Co 6...
January... 1,307,373 1,265,260 11,716,356 11,464,985
Cent Paciflc
Gal Har ASA. January .. 564,911 519,660 3,890,024 3,7'26,514
. .
.
.
.
.
.
.
.
Louis'a West.
Morgan's L
January...
.
A T January...
N YT AMex
..
January...
Tex ANOrL... January...
Great North'n—
158,133
672,428
22,626
258,597
799,811
988,124
120,409
553,234 4,751,040 4,370,028
188,596
169,127
20,549
162,072 1,545,298 1,071,617
1,350.827 10.936,138 10,430,187
365,557 2,388,432 2,168,673
189,332 1,267,054 1,172,857
677,600 24,158,442 22,554,208
40,380 1,439,667 1,352,397
131,555 1,071,901 1,119,559
337,082
368,492
38,357
288,763
504,611
6,159
159,534 7,994,043 6,374,935
79,598
99,600
9,500
42,206 1,763,305 1,592,534
777,380
831,234
22,209
38,071
25,756
So Pac of Cal . January... 1,533,273
So Pac of Ariz. January... 434,793
1,458,329 15,344,757 16,178,520
January... 217,833
So Pac of N
219,514 2,649,207 2,482,350
149,6S7 1,434,762 1,492,744 Southern RaUw'y 2d wk Mar 702,706
43,517
St Louis Divis'n 2d wk Mar
1,827,530 19,428,726 20,153,614
February
120,941
A Ind
95,036 3,338,318 3,019,675 Terre
February
42,836
334,188 3,241,604 2,627,463 Terre H A Peer..
14,076
2,634,415 24,524,120 21,927,758 Texas Central . IstwkMar
Texas A Pacific. 2d wk Mar 219,715
68,303
11,000
February
51,724
321,440
294,284 Tex S V A N
42,966
94,542
735,256
626,935 Tol A Ohio Cent 2d wk Mar
21,025
West .... 2d wk Mar
69,9S0 3,413,486 3,270,811 Tol
47,326
2d wk Mar
82,460 2,614,600 2,691,040 Tol StL
30,092
42,323 1,678,982 1,699,509 Tor Ham & Buff. February
49,981 Union Pao BR . )
6,370
37,088
N > January 3,207,612 2,916,292 26,669,002 23,905,662
Oreg RR
511,700
15,418
633,499
Oreg Sh Line.
89,657 4,550,670 3,939,900
2d vfk Mar 328,498 313,700 12,532,560 11,754.717
29,308 1,388,889 1,167,788 Wabash
185,110 179,810 2,274,416 2,069,716
Jersey A Sea'e January
274,110
30,991
276,122
608,73$
709,138
86,789
99,*73
V Cen A Pitt. Jai^uary
833,203 2,685,169 2,397,676
448,027
496,663
72,664
January
80,183
261,987 Western of Ala
265,690
9,449
55,518 2,101,444 1,865,824
55,932
293,365
325,550 Wheel A LE.... 2d wk Mar
34,587
Wisconsin Cent. 2d wk Mar 103,000 102,609 3,708,779 3,953,550
2,202,548
118,437
14,170
14,637
II^'^SX
Wrightsv A T'n. February,
1,672,232
526,997 424,684 4,399,820 3,912,986
28,882
167,642 Yaapo A Miss V February
205,575
47,l5»
49,325
7,116
7,314
December
2,658,480 2,600,637 Yofe Southern.
• Figures for February are for the railroad only.
operated east of. Pittsburg.
! Mexican currency.
i Covers results ot lines dir«ctly
t Includes Chesapeake A Ohio Southwestern, Ohio Valley and Chicago and T«xas for doth yeata.
o Includes Paducah A Memphis Division from July 1 in both years.
i Includes the Houston A Texas Central and Its subsidiary llUes.
c Results on Montgomery Division are included in both years.
dinoludes St. Paul A Duluth from July 1, 1900.
St
P Minn AM. February
1,387,479
East'n of Minn. February
171,441
Montana Cent'l February
181,588
Total system February 1,740,508
Hooking Valley. 2d wk Mar
95,869
HouB A Tex Cent January. .
442,033
Illinois Central.. February . 2,846,947
Illinois Southern January ..
8,318
Ind Dec A West'n November
63,783
Indni A Iowa... January .
110,608
lot A Gt North'n 2d wk Mar
81,322
Interoc(Mex)
Wk Mar 2.
87,300
Iowa Central
2d wk Mar
41,969
February
tton Railway
5,892
Kanawha A Mich 2d wk Mar
17,536
Q Ft Scott A IstwkMar 117,042
Mem A Birm IstwkMar 40,420
Kan City A N W. February
32,407
K&n City South'n January .. 410,308
Belt.. 2d wk Dec
10,673
Lehigh A Hudson February
33,502
Val
RR.
Lehigh
January . 2,204,642
val
Coal
Co.
January
.,
Leh
1,915,178
Lexlng A East'n. January .,
29,387
Long Island RR. December
K
K
Year
Previous
Year
KOSub&
M
H
.
. .
.
W
PA
AW
A
M
W
W
.
.
J
March
THE CHRONICLE.
23, 1901.
Totals for Figcal Tear..
In the full page statement on the preceding page we show
the gross earnings of all roads for the period from July 1,
that being now the beginning of the fiscal year of the great
majority of the roads. There are, however, some roads that
These with their dates are
Btill have their own fiscal years.
brought together in the following.
^^^
Latest Gross EarningH.
Period.
Roads.
Current
Previous
Year.
Year.
Apr. Ito Dec. 31 1,981,062 1,802,707
Jan. 1 to Mar. 7
913,557
810,391
Jan. Ito Jan. 31 1.406.010 1,;^03,419
June 1 to Feb. 28 32.426 191 32,669, '^58
Apr. 1 to Jan. .31 22,059,244 19,737,125
773,396
Jan. Ito Jan. 31
791,325
9tl7,717
Choctaw Oklahoma & Gulf.. Nov. Ito Feb. 28 1,558,263
80,504
Jan. Ito Jan. 31
74,430
Cumberland Valley
408,316
444,688
Duluth South Sho. & Atlantic Jan. 1 to Mar. 14
26,V00i
25,792
East St Louis <fe Carondelet. Jan. 1 to Feb. 28
191.3171
Jan. Ito Jan. 31
128,0^7
Ft. Worth & Denver City
29,974
28.990
OUa Valley Globe & North'n. Jan. I to Jan. 31
904,!i05
852,689
International & Qt. North'n. Jan. 1 to Mar. 14
4.411,082
Dec. Ito Jan. 31
4,289,942
Lehigh Valley
Dec. Ito Jan. 31 8,940.464 3,498,299
Lehigh Valley Coal
28
15,361
to
Feb.
17,511
Jan.
Mani Bti que
to Mar. 14 3,527,351' 3,.=)50,905
Jan.
Mexican Central
to Nov. 80 4,904,14.'5 4,159 091
Jan.
Mexican International
to Mar. 14 l,4fl0,25l 1,491,939
Jan.
Mexican National
to Mar. 2
773,7(0
800,500
Jan.
Mexican Railway
752,800
695,^fc8
Apr.
to Feb. 28
Mexican Southern
Jan. Ito Mar. 14 6,424,940 5,597,959
Missouri Paclflo
229,618
224,921
Jan. 1 to Mar. 14
Central Branch
Jan. 1 to Mar. 14 6,654.558 5,822 880
Total
•i04,178
212,978
Monterey & Mexican Gulf.... Jan. Ito Feb. 28
6i7,996
684,436
Jan, 1 to Jan. 31
Northern Central
252,625
232,706
{Jan. Ito Mar. 14
Ohio River
jMay Ito Dec. 31 2,224,281 2,57,^,388
Paclflo MaU
Jan. Ito Jan. 31 7,466,1711 6,424,271
Pennsylvania -.
6=i,«26l
67,782
Pennsylvania & Northwes'n. Jan. Ito Jan. 31
Jan. Ito Mar. 14 1,480,773 1,336,654
Pere Marquette
441.396
390,213
Philadelphia <fe Erie
iJan. Ito Jan. 31
Phila. Wilin'g'u & Baltimore. jNov. Ito Jan. 31 2,845,202| 2,774,40 2
Erie.
Mar.
2.50,188
14
292,601
Jan. 1 to
Pitts. Bessemer & Lake
1,656,500 1,648,H7
Pitts. Cincln. Chic. & St. L... iJan. 1 to Jan. 31
193.917
187,928
You'gh'y... Jan. Ito Dec. 31
Pitts. Cliartcrs
83,7411
76,957
Dec. Ito Jan. 31
Rio Grande J unction
629,004
62 4,173
St. L. Vandalia & Terre H.... Nov. 1 to Feb. 28
22,009
30,952
South. Missouri & Arkansas.. ;Jan. Ito Feb. 28
542,717
511,142
Terre Haute & Indianapolis.. Nov. 1 to Feb. 28
182,776
160,217
Nov. 1 to Feb. 2>i
Terre Haute & i'eoria
Texas <fe Paclflo
Jan. 1 to Mar. 14 2,384,317 1,814,777
185,110
179,810
Jan. 1 to Jan. 31
West J ersey & Seashore
Atlanta & Chirlottd Air Line.
Burlington Cedar Rap. & No.
Central of New Jersey
Chicago <feNortli-W(!8tcrn,...
Chicago Rock Island <fe Pac.
Chic. St. P. Minn. & Omaha..
RR
I
&
Latest Gross Earnings by Weeks.— In the table which
we sum up separately the earnings for the latest
The table covers the second week of March and
week.
shows 8*10 per cent increase in the aggregate over the
follows
same week
2d
last year.
veeek of
March.
1901.
1900.
42.873
Ann Arbor................
33,7'JO
BaflaloRooh.A Plttsb'g.
113,532
559,000
137,365
1,470
237.954
110,609
132,051
76,872
813,023
24.813
94.078
302.173
48,720
40.990
17,086
182,800
Paclflo.
Central of Georgia
Chattanooga Southern ..
Chesapeake & Ohio
Chicago & East. Illlnola.
OHIO. Great Western
Ohio.Indlan'lls
Chicago Mllw.
& Loulsv.
& St. Paul
Chic. Term. Transfer ...
Oln. N. 0. & Texas Pao..
Olev. Cln. Chic. <fe St. L..
Peoria & Eastern
Olev. Lorain & Wheel'g..
Ool. Sandusky & Hook'g.
Dsnver & Rio Grande...
yansv. A
Evansv.
Indianapolis..
& Terre Haute.
erand Trunk
)
Det. Gr.Hav. & Mllw. J
Hocking Valley
Intem'l & Qt. Northern..
Iowa Central
.........
Kanawha & Michigan...
Louisville & Nashville ..
Mexican Central
.....
—
Mexican National........
Minneapolis
&
Lonis.
Mlnn.8t.P. &8. Ste. M..
St.
Mo. Kansas A Texas
Mo. Paclflo & IronMt....
Central Branch
orfolk & Western
Northern Paclflo
Ohio Klver
Pere Marquette
Plttsb. Bess.
&
L.Erie...
Western
Klo Grande Southern
Rio Grande Western
Bt. Louis A Sam Fran....
Bt. Lou la Southwestern.
Pittsburg
<b
Sherman Shreve.
lic
So...
Southern Rallwav
St. Louis Division
Texas di Paoittc.
Toledo & Ohio Central...
Toledo Peoria A West's.
Tol. St. L.
Wabash
Wheeling
Olevel'd
& West
Lake Erie.
Canton & So
<fe
>
WlBconsin Central
Total (55 roads)
Net Increase (8 10
p. o.\.
.
5,41li
26,708
574,935
95,869
81.322
41,969
17,536
606.700
350.885
168,481
68,532
82,059
283,483
571,000
22,000
297.551
573,070
23,702
107,644
29,051
75,003
Dterease.
Increase,
S
9
9t
Alabama Gt. Southern^..
Omadlan
»
.
1
42,649
28,972
98,958
525.000
133,325
1.752
240,946
103,438
132,219
7t>.375
766,713
23,775
95.114
827,12J
47 163
38.79«
20,946
173,000
6,433
27,912
506,937
95 036
69,980
42,823
15.418
656,970
337,314
150,0.;5
51,728
9i,407
214,426
513,000
21.000
268.060
556,675
22,706
103,759
30.571
74,140
9.386
71,600
155.397
105,156
6,811
9,781
79.600
188.011
147,679
15,708
702,706
43,517
219,7i5
42,966
21.025
47,326
328,498
55,932
103,000
677,600
40.3S0
159.534
42,206
22,209
38.071
313,700
55.518
102,609
9,122,181
8,433,803
224
84 000
4,040
282
47.008
2,171
168
-••
297
46,310
• .•.••-•.
1,038
1,036
24,950
**
1,557
2,192
........
..-
3,880
-
9,800
i,6l8
1,201
••^..•.
67,998
883
11,342
854
2.118
49,730
13,371
13,419
16,801
9,348
69,057
5S,0O0
1,000
31.491
16,395
«•• .*••
•
996
885
mmo
- -
•
1,520
863
395
8.000
32,641
42,523
8.897
25,106
3,137
60.181
•*•• ••••
7t)0
1,184
9.255
14,793
411
391
728.822
683,378
For the first week of March our final statement covers
64 roads, and shows 12 57 per cent increase in the aggregate
over the same week last year.
\8t
week
of
March.
45.444
1901.
*revtonBlyrep'd(56 r'ds)
3hatianooga Southern.
O'tilc. Term. Transfer ...
Oaluth So. Shore & At..
[owa Central
Santa Fe Pres. & Phoenix.
Texas Central
Vheellne dc Lake Erie. >
.
Olevel'd Canton
& So
m
8,927.807
1.517
25.157
40,834
45.971
17,993
14,076
53,461
1900.
Increase.
7,928,017
Decrease.
9
61,044
44
1.050.834|
1.561
3,576i
21.581
44,418
39,221
18,436
8.159
47,954
"3,584
"6.750
" "443
"7',917
5,507
>
9,126,8l6j 8,107,347
Net increase (12'57
1,074,584
1,01 9,469
d. o.l.
55,115
i
Net Earnings Monttily to Latest Dates.— The followmg
jhowsthe gross and net earnings to latest dates of all Steam
monthly statements. The compilation
includee every road from which we can get returns of this
character, and in that form is given once a month. Early returns art published from week to week, as soon as issued, but
for the convenience of our readers all the roads making returns are brought together here in the week in which we publish oui monthly article on net earnings— say, about the 20th
of the month.
The returns of the street railways we give by themselves
tinder a separate head at the extreme end of these tabulations
—seepage 575.
railroads furnishing
Gross Earnings.
Current Previous
Tear.
Roads.
Adlrondack.a
Year.
»
—
,—^Net Earnings.
Current
Previous
Year.
Year.
%
f
Jan.
16,363
15,214
5,521
5,930
116,528
July 1 to Jan. 31
126,135
85,003
46,039
206,012
182,804
Ala >amaGt. So'th.aJan.
67,145
61,709
1,303,878 1,284,970
July 1 to Jan. 31
407,349
435,637
Alabama Mldl'nd.b Feb.
92,690
84,271
28,880
29,140
720,968
July 1 to Feb. 28....
645,162
222,733
177,266
.Jan.
154,032
i.nn Arbor. b
143,211
64,876
42,348
July 1 to Jan. 31
1.038,978 1,018,008
307,571
277,230
Aonap.Wasb. &Bal.Jan.
3,856
8,159
871
2,103
July 1 to Jan. 31
36,313
43,907
9,860
14,490
Arkansas Mldl'd.b.Nov.
16,647
16,403
7,977 def.11,017
110,155
Jan. 1 to Nov. 30....
120,930
14,174 def.4,529
»toh.T.&8. Fe..b. Jan. 4,416,836 3,721,254 tl,749.161 tl,4«3,348
July 1 to Jan. 3i... 31,363.452 27.534,736 tl2760431 110894648
Jan.
38.504
Atl. Knox. & No
38,151
10,371
6,706
283,961
253,375
July 1 to Jan. 31
90,151
71,150
Atlan. &. West Pt.b. Jan.
72,552
64,118
27,225
33,579
453,676
July 1 to Jan. 31
426,027
167,082
198,236
Atlantic Coast L.a. Jan.
644.953
692,783
256,474
207,097
July 1 to Jan- 31
4,328,799 4,138,163 1,672,561 1,743,446
Austin & Nortw'n b Jan.
27.017
12.281
10,860 def. 1.874
July 1 to Jan. 31
171,184
105,505
73,696
18,908
Baltimore & Annapolis
Jan.
Short Line
6,264
7.651
1,815
2,731
Ealto. & LehlKh
Deo.
11.427
812
10,966
2,846
July Ito Dec. 31
79,485
17,980
82,848
30,404
Halt.* Ohio. b.t... Feb, 3,515,683 3.201.114 1,092,938 1.034,034
July Ito Feb. 28.... 31,069,286 27,930,276 10,426,527 9,988,351
Bangor &Aroo8t'k.. Jan.
124,240
31,221
87,295
41,459
July Ito Jan. 31 ...
697,033
314,806
275,887
830,785
Bath & Hammonds. Jan.
938
2,054
1,765
558
30,049
July 1 to Jan. 31
29,687
17,300
18,591
669
BellofonteCentralbFeb.
3.803
1,170
3,113
Jan, Ito Feb. 28....
8.426
1,294
3,155
7,084
Brldgton & Saco R.Jan.
620
2,926
2,787
776
24,795
July 1 to Jan. 31....
24,863
6,655
10,104
Brnnswlok&Wesi.bFeb.
55.755
23,541
16,938
57,989
July 1 to Feb. 28....
474,731
193,317
154,377
465,709
Bufl. R. &Plttbs.b.Jan463,736
384,749
201.062
145.890
July Ito Jan. 31... 8,399,273 2,663,821 1,416,972 1.025,926
Buflalo&S'sqneh.a.Jan.
62,617
59,999
28,190
28,968
501,925
July 1 to Jan. 31....
435,245
206,616
265.279
Burl. Ced.R. &No..Jan
360.968
426,007
146,082
101,421
anadlan Paclflo. a. Jan. 2,034,016 2.152.071
648.197
691,569
July 1 to Jan. 31. ...18,339,058 18,693.745 7,227,834 7,899,481
550,825
216,501
158,983
Cent, of Georgia. a. Jan.
671,236
July Ito Jan. 31.... 4,325,656 3,718,232 1,497,552 1.260,760
16,749
18.536
Central New Eng... Jan.
62,977
53,918
109,472
109,713
July Ito Jan. 31
432,412
445,974
856,037
654,343
Cent. olN.Jersey.a.Jan.
1,406,018 1,303,419
300,750
Central Paoiflc.b... Jan.
355,240
1,307,373 1,265,260
July Ito Jan. 31. ...11,716,356 11,464,985 4,683,069 4,651,281
255
def.SS
1,752
2,162
Central Penn. & W. Dec.
def.988
12,264 def.1.703
July 1 to Dec. 31....
12,347
28,315
41,034
76.628
Char. & Savannah. fcFcb.
94.275
77,141
129,184
420,311
July Ito Feb. 28 ...
497,313
428
8,052 def.1.294
7,18S
Ohattan'ga South. aJan.
54,'84S def.18.412 def.10,189
JiUy Ito Jan. 31....
59,967
28.',8.'i9
S6S.501
Ohesap. & Ohlo.a-.Jau.
1,228,200 1.101,250
July Ito Jan. 31.... 9.185,165 7,969.516 3,460,407 2,708.599
69.=i,2.56
195,663
215.491
Chicago & Alton. a. Feb.
666,627
July Ito Feb. 28.... 6,154,050 5,232.899 2,133,982 2,107,297
3,734,661 3,510,243 1,232,057 1.230.932
Ohio. Burl. AQuln.bJan.
July Ito Jan. 31. ...30,200,078 29,0.1,921 11,521,144 11,803,310
226.322
249,165
475,971
522,396
Ohio. <fe East. 111. b.. Dec.
July 1 to Dec. 31.... 2,854,652 2,6-0,499 1,180,114 l,270./44
136.488
133.086
622.987
531.733
.'hie. Gt.Wesfn.b.Jan.
July 1 to Jan. 31.... 4,136,267 4,016,640 1,302,465 1,388.062
111.875
\0\,\1i.
332,519
316,512
01ilo.Ind.&Loul8.a.Jan.
979,560
907,299
July Ito Jan. 31.... 2,429,710 2,463,676
—
.
4,808
14,574
**•
573
,
THE CHKONICLE.
674
— €lro*s JSarningg. —
Ourrent
Tear.
Boaa$.
Previout
Tear.
Net Earningt.—s
Ourrent
Previous
Tear.
&
1,128,443 1,022,790
9,543.954 9,190,843
672.721
574.626
7,480,942 7,047,474
58,124
49,209
403,392
431,718
Oliootaw Okl.* G.b.Jan.
414,380
168.066
287,209
87,017
Nov. 1 to Jan. 31... . 1,246,263
769,717
562,320
265,343
Oln. N. O. & T. P. a Jan.
410,783
100,389
102,824
430,541
July 1 to Jan. 31 ... 2,878,285 3,035,815
903,071
754,870
Oln. Ports. AVa.b.. Jan.
26,453
7,659
26,682
1,778
July 1 to Jan. 31
242,171
6a,47i
68,684
213,583
01.0ln.Clilo.&8t.L.8jan.
1,350,841 1,301,189
337,824
336,997
July 1 to Jan. 31
10,623,391 9,977,899 3,161,919 3,147,093
Peorla&Eant'n.a Jan.
219,616
98,008
85,492
208.973
July 1 to Jan. 31.... 1.425,311 1,367,040
492,335
445,525
Olev.Lor. & Wheel.a Jan143,592
40.657
165,212
45,613
July 1 to Jan 31..., 1,162,839 1,168,323
321,617
286,853
Colorado & South, b Jan.
91,S15
376,736
83,503
369,388
July 1 to Jan. 31
2,843,058 2,586,766
790,954
752,788
Oolumb. Newb. & L.Jan,
16,148
16,292
9,256
6,401
Oomw'll & Leban'n. Jan.
22,284
10,707
11,946
27,722
July 1 to Jan. 31
146,144
173,505
59,574
86,456
Oamberland Val.b.Jan,
80.504
25,090
29,871
74,430
Oenv, & Rio G'de.b.Jan,
846,276
832,414
306,783
268,297
July 1 to Jan, 31.... 6,955,713 6,149,769 2,5t)7,459 2,323,522
Denver & South w.bDeo.
212,550
100,292
210,173
102,832
Jan. 1 to Dec. 31
2,483,942 2,171,378 1,095,869 1,046,099
Detroit & Maob'o.aJan,
65.344
63,406
19,691
18,801
July 1 to Jan. 31
476,305
4^0,026
141,458
120,047
Duluth & Ir. Range Jan.
81,346
2,513 def.5,346
69,697
Duluth8o.Sh.& Atl Jan,
152,262
167,147
35.710
63,231
Blfrln JoUet & B.a. Jan.
166.802
181,494
72,159
78,946
July 1 to Jan, 3i
1,120,152 1,112.965
490,274
433,717
Brie. a
Jan,
3,189,894 2,92^* ,709
569.986
819,239
July 1 to Jan. 31
22,523,833 23,282,525 6,229,816 6,367,533
Evans. & Indian. b Jan.
22,516
6,238
7,926
26,183
July 1 to Jan, 3i....
201,276
91,036
224,388
70,607
Evans. & T. H...b..Jan,
115,663
112,713
53,255
54,484
July 1 to Jan. 31....
859.143
868,376
399,043
398,313
FlndlayFt.W.* W.b Dec.
8,335
1,297
8,739
1,868
July 1 to Dec. 31
59,614
68.895
9,339
9,884
Ft.W.<fc Den. City. Jan.
191,317
128,017
58,932
28,778
Ft.Worth& RloG.b Jan.
64,017
33,234
34,779
10,720
July 1 to Jan. 31....
407,228
203,209
288,084
128,623
Gadsden & Att. Un Nov,
1,296
430
712
1,755
Jan, 1 to Nov. 3y
14,267
11,658
5,607
4,918
OeorKla.a
Jan.
177,510
149,634
gS9,917
a66,577
July 1 to Jan. 31
1,118,450
983,153 g391,184 g359,110
Qa. South. & Fla.a.Jan.
111,465
109,285
31,230
29,017
July 1 to Jan. 31....
724,498
695,183
207,183
211,946
Gila Val.Globe&No. Jan,
29,974
28,990
17.033
19,454
Or. Trunk of Can. Jan, 1,801,615 1,742,728
540,679
491,040
Gr. Trunk West. . Jan.
342,122
424,854
56,453
110,958
Det. Gr. H. & Mil. Jan81,759
76,892
21,413
13,626
Hocking Valley. a. .Jan.
380,240
361,393
153,044
143,890
July 1 to Jan. 31.... 2,814,026 2,504,433 1,168,438 1,025,156
floust. & Tex. Cent. Jan.
442,033
334,188
187,036
75,397
July 1 to Jan, 31
3,241,604 2,627,463 1,683,898
932,020
Illinois Central. a. ..Jan.
3,220,473 2.912,379 1,269,689 1,098,680
July 1 to Jan. 31... 21,677.173 19,293;343 6.683,540 6,615,858
lUinois Southem.a.Jan.
8,318
965
July 1 to Jan. 31
68,303
10,796
Indiana 111. & la. b. Jan.
110,608
94,542
39,430
31,001
735,256
July 1 to Jan, 31....
62(3,935
265,730
189,396
Iowa Central. b... Jan.
228,432
176,113
86,524
36,871
July 1 to Jan, 31
1,391,216 1,446,758
239,000
453,306
Iron Railway. b
Jan,
4,713
6,804
1,492
4,009
31,196
July 1 to Jan. 31
43,611
11,427
20,450
Xanawba & Mloh.a Jan,
79.588
67,971
12,592
14,487
536,719
430,745
July 1 to Jan. 31
96,828
88,560
610,337
464,772
Kan. C. Ft. 8. & M.a Jan.
207,808
148,341
July 1 to Jan, 31.... 3,964,962 3,480,337 1,510,314 1,109,041
193,610
156,745
68,740
Kan. C. Mem. & B.a. Jan.
58,984
403,918
332,206
July 1 to Jan. 31.... 1,181,650 1,006,657
34,987
35,512
Kan. City Northw..Jan.
9,455
11,558
410,308
333,203
Kan. City South. . a Jan.
131,285
34,630
July 1 to Jan. 31.... 2.685,169 2,397,676
646,681
450,092
46,202
46,237
18,028
Kan. O. Sub. Belt.a Nov.
10,537
244,288
242,375
July 1 to Nov. 30....
75,106
76,122
LehlKhVal. RR.a. Jan. 2,204,642 2,202,548
376,134
343,797
4,411,082 4,289,942
Dec. 1 to Jan, 31
820,638
751,755
LAhlKh V.Coal Co. a. Jan, 1,915,178 1,672,232 def.13,597 def.24,641
Deo. 1 to Jan, 31.... 8,940,464 3,498,299 def.50,641 def.8,431
Lexlng'n (bEast.b. Jan.
29,387
25,882
13,216
9,630
205,575
167,642
July 1 to Jan- 3i....
77.056
64,273
Lon.Hen.&8t.L b. Jan.
54,284
52,476
14,.521
15,606
393,380
July I to Jan- 31
376,148
127,666
131,618
LonlBv. <St Nasbv.b.Jan. 2,612,608 2,392,303
947,073
863,633
16,948,023 16,519,722 6,142,340 5,786.922
July 1 to Jan- 31
11,614
6,069
118 deM,l80
Macon <& Birmlng. Jan.
66,981
45,119
992
July 1 to Jan. 31
1,342
Jan.
7,380
8,121
4,298
Blanlsticiue
3,397
Mexican Central... Jan, 1,460,977 1,533,297
388,507
527,055
498,670
354,672
228,055
101,251
Mex. Internatlonal.Nov.
Jan. 1 to Nov. 80.... 4,904,145 4,159,091 1,963,930 1,713,502
681,853
643,633 c382,228 c309,992
Mexican National.. Deo.
Jan. 1 to Deo. 3i.... 7,866,699 7,037.675 c3,763,622 c3,410,402
68,187
60,207
24,074
20,429
Mexican Northern. Jan.
403,610
375,859
189,744
135,975
July 1 to Jan, 31 ....
260,772
197,552
Minn. & St. Louls.a. Jan.
91,939
71,605
811,691
742,606
July 1 to Jan. 31.... 1,916,039 1,744,963
301,491
337,569
M.St. P.&S. S. M... Jan113,049
138,974
July 1 to Jan. 31.... 2,610,711 3,094,935 1,109,246 1,626,255
365,898
229,843
Mo. Kan. & Texas. a. Jan. 1,353,850 1,012,019
July 1 to Jan- 31..., 9,844,006 8,133,384 3,124,186 2,645.718
102,409
89,669
31,852
20,543
Mont. & Mez. Goli.Nov.
1
. .
.
.
.
—
.
.
Grots Earnings.——.
Previous
Tear.
Tear.
Otirrent
Tear.
S
8t. P a. Jan.
3,318,.''69 8,210.813
to Jan. 31... 26,711,824 25,797,162
Ohlo.R.I.A Pac.ad. Jan. 2,194,490 1.822.536
Apr. 1 to Jan. 31... 22,059,244 19,737,125
01ilo.Ter.Trau8f..b.Jan.
113,719
100,350
July 1 to Jan, 31... .
829.131
720.452
Ohio. M.
July
—
[Vol. LXXII.
Roads,
Nash.Ch.&St.L.lin.Jan,
Net Eamtngi.——
Ourrent Previout
Tear.
Tear.
$
710,076
$
$
$
644,838
252.029
234,511
July 1 to Jan, 31.... 4,564,352 4,235,820 1,587,823 1,492,826
Nevada Central.... Jan,
16
1,936
3,722
1,931
July 1 to Jan, 31....
19,569
16,913
4,396
8,781
BC. y.Ont.A West.aJan.
483.020
391,985
158,222
109,330
July 1 to Jan, 31.... 3,034,102 3,070,399
963,451 1,022,765
N. Y.SUB. AWest.a.Jan.
226,246
122,336
100,852
263,674
July 1 to Jan. 31.... 1,425,804 1.644,384
607,799
786,044
Norfolk dtWest'n.a. Jan, 1,340,474 1,201,865
510,422
552,800
July 1 to Jan- 31..., 9,351,467 8,137,760 3,861,047 3,297,126
Sopthem Central, b Jan,
186.228
657,236
684,436
176,828
Northern Pacific. b Jan- 2,256,660 1,913,892 1.052,874
935,880
July 1 to Jan, 31.... 19,569,962 18,813,057 10,125,376 10,299,572
Ohio River, b
Jan.
105,592
100,029
32,061
30,448
Pacific Coast Company -See Miscellaneous Companies.
PennsylvaniaLines dlrectlyoperated
East of Pitts.A E.Jan. 7,466,171 6,424,271 2,462,697 1,776.997
WestofPitt8.&E.JanDec. 62,400
Dec. 25,800
Penn. & Northwest Jan65,626
67,782
29,199
35,431
Pere Marquette, a -.Jan.
683,396
596,332
128,201
137,477
PhUa. & Erle.b
Jan,
441,396
390,213
112,389
85,246
Phll.Wllm. & Balt.b Jan.
834,140
863,240
219,883
215,883
Nov. 1 to Jan- 31
2,845,202 2,774,402
865,682
916,282
Pitts. Char. &Y'h'y Oct
21,166
18,293
10,882
10,338
72.i39
Jan. 1 to Oct. 31
165,089
154,0u9
60,045
Pitts. O.C.&St.L.a Jan.
1,656,600 1,648,137
473,484
475,874
Plttsb'K&West'D.b.Oct
362,309
321,599
132.212
101,025
July 1 to Oct 31.... 1,378,179 1,245,149
492,304
397,236
Reading
CompauT—
rhila.<sReaa'g.b,Jan.
2,4??0,817 2,297,044
913.767
804,516
July 1 to Jan- 31. ...16,467,418 16,038,821 5,659,767 6,179,684
Coal* Iron Co. b. Jan. 2,826,354 2,225,162
345,702
281.866
July 1 to Jan- 31.... 16.748,751 18,882,095 1,331,399 1,796,998
Total both Co.'s.b Jan5,317,171 4,522,206 1,259,469 1,086,381
July 1 to Jan. 31. ...33,216.169 34,920,916 6,991,166 7,976,682
Beading Co. b.... Jan.
18.561
18,161
July 1 to Jan- 31
157.480
138,189
Total all Comp's.l' Jan
1,278,030 1,104.542
July 1 to Jan. 31
7,148,656 8,114,871
Rich. Fred. & Pot. Jan.
87,292
78.617
36,053
33,933
July 1 to Jan. 31....
214,124
567,254
527,518
230,889
Rio Grande Junct. Jan.
40,178
35,838
f 12,053
f 10,751
Deo. 1 to Jan. 31...
f23,087
83,741
76,957
f25,122
Rio Grande South. 1- Jan45,238
41,174
22,476
18,892
July 1 to Jan- 31 ..
340,812
317,750
161,909
157,051
Slo Grande West. b. Jan.
348,761
372,358
129,413
150,709
July 1 to Jan, 3l.-. 2,898,739 2,633,709
924,043 1,105,915
113,089
93,217
38,909
St. Jos.&Gd. Isi.a.Jan,
4,001
822,73®
July 1 to Jan. 31. ..
854,519
309,809
210,941
7,168
6,822
3,109
def.23
8t Louis &N». Ark. Jan.
55,555
47,328
25,508
July 1 to Jan. 31....
23,923
651,140
322,609
a t. Louis & San Ft. b, Jan.
856,706
252,894
July 1 to Jan. 31.... 6,055,123 4,805,595 2,730,724 2,055,428
602.831
StLouisSo'west.b.Jan,
677,712
§284,331
§190,034
July Ito Jan. 31.... 4,547,712 3,725,831 §2,121,331 §1,409,682
224,838
SanAnt.&Aran.F.bJan.
153,643
54,472
13,561
July Ito Jan. 31.... 1,700,063 1,444,436
616,046
473,946
62,944
60,039
SanFr. &N. Pac.a Jan.
13,915
11,896
631.639
593.261
259.968
July 1 to Jan. 31....
237,199
Santa FePres.A Ph. Jan.
73,398
93,765
37,552
53.620
504,009
412,577
188,854
8av. Fla. & West.b.Feb.
131,290
July Ito Feb. 28.... 3,409,197 2,881,161 1,095,168
797,192
Sllv.Bp.Ocala&G.bFeb.
20.471
21,459
12,070
12,549
July 1 to Feb. 2s....
138,751
180,307
68,987
105,240
South. Mo. & Arkb.Feb.
15,766
11,529
6,063
2,299
22,009
Jan. 1 to Feb. 28 ...
30,962
12,239
4,119
Southern Pacific. b.I Jan. 6,212,708 6.341,905 2,034,156 1,475,146
July 1 to Jan. 31... 45,393,166 41,4 66,525 17,471,536 15,406,169
355.240
Central Pacittc.b.Jan, 1,307,373 1,265,260
300,750
11,716,356 11,464,985 4,683,069 4,651,281
July 1 to Jan, 31
Gal.Har.&SanA.bJan.
564.911
519,660
65,487
60,362
773,331
July 1 to Jan, 31.... 3,880,024 3,726,514
908,436
120,409
158,133
Louisiana West b, Jan,
69,365
35,504
988,124
799,811
422,346
July 1 to Jan. 31....
253,975
553,234
M'g'n'sLa.&Tex.bJan.
672,428
July 1 to Jan. 3l.... 4,751,040 4,370,028
22,626
20,549
N. Y.Tex. &M.b. Jan.
169,127
188,596
July 1 to Jan- 3l....
258,597
162,072
Texas AN. Crib. JanJuly Ito Jan. 3l.... 1,545,298 1,071,617
1,633,273 1,350,827
80. Pac.of Cal.b.Jan.
July Ito Jan. 31. ...10,936, 138 10,430,187
434,793
365,557
90. Pac.otArlz.b.Jan.
July Ito Jan. 31.... 2,388,432 2,168,673
189,332
217,833
So.Pac. of N.M.b.Jan.
July Ito Jan. 31.... 1,267.054 1,172,857
southern Railw'y.a Jan. 2,913,701 2,631,926
July Ito Jan- 31. ...19,996,461 18,674,751
170,436
151,465
St Louis Divls'n.a JanJuly 1 to Jan- 3i.... 1,208,798 1,147,806
66,165
33,852
Texas Central. a... Jan442,627
253,592
July 1 to Jan. 3l....
202.120
200,418
roledo AO.Cent.a.Jah.
July 1 to Jan. 31.... 1,509,994 1,346,727
87,557
85,327
ToLPeoriaA West.bFeb.
736,210
789,913
July 1 to Feb. 28....
Onion Pac.Sys.a...Jan. 3,207,612 2,916,292
July 1 to Jan. 31. ...26,669,002 23,605,662
Jan.
1,518,685 1,314,584
Wabash. b....
July Ito Jan. 31... 10,622,!00 9,963,679
179.810
185,110
W. Jersey ASeash.li Jan.
72,664
80,183
Westof Alabama.b Jan.
448,027
496,663
July Ito Jan- 31....
86,789
S9,473
W. Va. C. & Pltts.e. Jan608,733
709,138
July 1 to Jan. 31....
236,215
251,681
Wheel. AL. Erle.b. Deo.
July Ito Dec 31.... 1,647,246 1,326,195
235,845
1,828,309
def.504
68,233
98.545
569,942
548,401
4,489,675
236,871
1,246,536
133,225
755,661
862,823
6,535,580
16,277
290,645
38.426
255,349
45,469
388,124
21,996
200,766
1,301,432
12,017.386
425,793
3,092,677
10,004
28,040
185,116
35,301
291,065
76,359
515,885
122,916
1,494,427
5.713
81.962
46,518
338,529
473,800
4,179,699
179,417
972,933
112,580
682,531
771,283
6,206,764
37,633
395,834
13,654
116,628
65,3£0
443,943
25,058
198,478
1,199,367
11,071,847
347,384
2,829,303
16,804
27,192
172,717
86,725
208,221
62,876
440,179
——
.
March
23,
THE CHRONICLE.
19C1,]
Gross Earnings.
Current
Previous
Tear.
Year.
$
$
Roads.
Wleoonsln central » Jan410 807
388,329
July 1
Jan, 31.... 3,155,229 3.425,685
14,627
14.170
WrlKhtsv. &Tenn..Fcl).
23.609
29,299
July ) to Feb. '26....
64 6,101
5(0,652
Y»zoo&Mi88.Val.a.JaiL
July 1 to Jan. si... 3.832,823 3,488,102
7,314
7,116
York Southern. b... Dec.
49,325
47,137
July 1 to Deo. bl....
Tear.
fl.S77
12,152
260,173
1,612,361
2,260
12,592
$
109,118
1,372,055
3,713
10,479
234.985
1,549,712
2,451
17,204
a NeteamlnKB here^lTen are after deducting taxes.
b Net earnlnga here i^lven are before deducting taxes.
c Deduotlngother expenditures for repairs, replacements anr general
expenses, net Income applicable to Interest on bonds In December
was $149,472, against $98,383 last year, and from Jan. 1 to Deo.
81 $1,510,794, aKalnBt$l,516,0I8. Tblsls the result In Mexican dollitritreated (according to the company's method of keeping Its aocountH)
as equivalent to 80 cents In United States money— that Is, depreol atioi
beyond 20 per cent has already been allowed for.
d Gross earnings Include other Income.
e These figures are for Ballway Department only.
f Thirty per cent of gross earnings.
g After allowing for ther income received net for January was
$124,026. against $89,46.°); from July 1 to January 31. l9oi. net
after allowing for other Income was $479,5. 8, against $389,604.
I These figures include Houston & Texas Central and its subsidiary
<
lines.
n Includes Paduoah
&, Memphis Division from July 1 in botu years.
After allowing for expenditures for betterments, net In January,
1901. wtie !i>260,797, against $172,079 in 18C0, and from July 1 to
January 31. 1901, $1,966,947, agairst $1,219,072 in 1900.
rentals amounted to $168,302,
t For January. 1901, taxes and
against $154,450, after deducting which net for January. 1901, was
i-98.
against
$1,580,859,
From July 1 to January 31, 1901,
$1,328,
taxes and rentals were $1,172,502, against $1,126,932 in 1900, nftor
deducting which the surplus was $11,587,932 this year, against
$9,767,716 in 1900.
t These figures include Baltimore & Ohio Southwestern.
§
Miscellaneoas Companies.
OrosB Earnings.
Current Previous
Companies.
.
Tear.
$
$
$
-
Oolordo PuelAIron.Feb
July 1 to Feb. 28
Oonsol. GasOcN.J.Feb
Jan. 1 to Feb. 28
Denver Gas & Eleo.Feb
Mar. 1 to Feb. 28
Detroit City Gas... Oct.
Jan. 1 to Oct 31
Gas &, Electric Co. of
Bergen County. a. Feb.
Junel to Feb. 28...,
,
19,633
180,173
15,0C0
134,398
Od, Rap. Gas-L.Co.Feb
Jan. 1 to Feb. 28
Jackson Gas-L. Co. Jan.
Mar. 1 to Jan, 31
Laolede Gas-L. Co.. Feb
Jan- 1 to Feb. 28.
Lowell Elec.Lt Co. Jan.
July 1 to Jan. 31....
16.417
107,290
15,198
91.672
Madison Gas A Elec.Feb.
Apr.
1 to
Feb. 28
Mexican Telephone JanMar. 1 to Jan. 31....
Minn. Gen. Eleo.Co.Deo.
Jan, 1 to Dec. 31....
Pacific Coast Co. a. Jan,
July 1 to Jaa. 31...,
Pacific Mail
Deo.
May 1 to Dec 31-...
8t. Joseph Gas L.Co. Feb.
July 1 to Feb. 28
—
Net Earnings.
Current
Previous
Tear.
Feb. 28
Buffalo Gas Co. .. Feb
Oct 1 to Feb. 28
1 to
.
Tear.
Blnghamton Gas. ..Feb
16,498
15,330
170,758
145,691
40,087
35,688
327,270
284,034
337,499
393.336
3,155,601 3,230,868
260,580
350.790
2,224,281 2,575,388
8t.PanlGa8-Lt Co..Feb
Jan- 1 to Feb. 28
Tenn. Coal I. & RB. Jan.
Western Gas Co.—
Mllw'ee Gas-L. Co.Feb
Jan. 1 to Feb. 28
Tear.
$
3,640
3.669
31,914
25,970
160,559
84,000
1,458,386
1,977
4,758
32,374
358,636
38,608
363,913
31,137
30.259
175,235
232,000
1,441,024
1,556
3,553
36.0<9
408,922
38,414
309,808
6,155
65.936
14.458
33,814
3,194
26,592
90,575
179,945
5,200
34.769
5,441
57,714
6,897
76,130
24,372
166.755
27,714
736,672
t50,537
t459,988
6,181
48.478
27.058
57,816
91,361
5,702
62,507
14,860
34.131
3,084
26,241
86,878
184,998
5,940
34,411
5,282
49,609
6,457
59.663
19,460
151,453
76.570
926.677
tl46,822
t861,421
5,986
43,6tO
21,176
51.913
312,972
41.802
95,047
49,207
105,958
After deducting "reserve fund for repairs of steamers" surplus in December, 1900, was $21,422, against $117,707 in lJ-99,
and from May 1 to Deo. 31, 1900, there was a surplus of $227,068,
against $628,501 in 1899. The reserve fund for depreciation and
general and extraordinary repairs of steamers has been Increased
to the standard of the English companies, i. e., five per cent upon the
value of the steamers.
Interest Cbarg^es and Surplus.—The following roads, Id
addition to their gross and net earnings given in the foregoing, also report charges for interest, &o., with the surplus
deficit
Int., rentals, etc.
—
01ev.Cln.Ch.A8t. L JanJuly 1 to Jan- 31
Peoria A Eastern. JanJuly 1 to Jan. 31
Clev.Loi'n A Wheel. Jan.
July 1 to Jan. 31
Uen. * R. Grande ..Jan,
July 1 to Jan. 31. ..
Jan.
Hooking Valley
July 1 to Jan. 31
Ind. 111. A Iowa.... JanKanawha A Mich.. JanJuly 1 to Jan. 31
Kan. C. Ft. 8. A M..Jan.
July 1 to Jan. 31
.
C.
Mem. A B
.
.
below those charges.
.
Roads.
Int., rentals, tte.
.
<~Bal. of
Previous
Tear.
$
$
$
6,019
12.518
4.320
2l.t76
22,523
87,796
415.114
407,057
815.818
5,710,728 5.746,144 6.097,562
*129,378
128,258 *145,529
*642,:04
766,919 *523,977
248,999
349,721
325,627
3,256,277 4,340,942 3,791,197
44,182
125,270
42,835
157,526
433,814
107,817
Previous
Current
Tear.
Tear.
Tear.
$
12,429
July 1 to Jan. 31....
87,191
Ohio. Bnrl.&Qulnoj Jan.
825,000
July 1 to Jan. 31.... 5,776,000
Ohio. & E. Illinois.. Dec
131,807
July 1 to Dec 31....
783,465
Ohio. R.Isl.*Pao. Jan.
323.000
Apr. 1 to Jan. 31..., 3.140,f 00
42,796
128,506
Curren t
Previous
Tear.
Tear.
Jan.
July 1 to Jan. 31
Mo. Kan. A Texas.. Jan.
July 1 to Jan. 31
Hashv. Chat ABt.L JanJuly 1 to Jan. 31
JanNorfolk A West
July 1 to Jan. 31 ..
Jan.
Pere Marquette
Pitts. C. C. A St. L. Jan.
.
Beading—
AU
762.545
5.337,817
7,708
15,417
17,783
125,466
8,750
61,250
787,000
5,509,000
7,708
Bio Grande Jnnct'n. Jan.
15,417
Dec. 1 to Jan. 31
17,683
Rio Grande South. Jan.
125,458
July 1 to Jan. 31...,
8.750
St. Jos. A Gr. Isl'd. Jan.
61.250
July 1 to Jan. 3i
22,862
San Pran. ANo.Pac Jan.
160.036
July 1 to Jan. 31....
2.583
South. Mo, A Ark... Feb.
5,166
Jan- 1 to Feb. 28 ..,
roleno A Ohio f;en.. Jan,
35,185
243,865
July 1 to Jan. 31
23.731
rol. Peo. A West... Feb.
Inly 1 to Feb. 28
183,768
11,792
V. V&. Cen. A Pitts Jan.
106,923
July 1 to Jan. 31...,
140,432
Wisconsin Central. Jan,
949.364
Julr 1 to Jan. 31
companies... Jan,
July 1 to Jan. bl
491,030
341.997
1,639,856 2,777.054
4,345
8.043
9,705
7,670
4.793
1,109
86,451
31,685
30.159 def.4,749
248,559
149,691
def.8,947 det.ll,C62
99,932
76,492
3.470
7,073
*11,242
-29,419
*149,030
•210,751
def. 1,735
2,722
16,998
16,986
28,512
15.059
184,142
56,555
*df.ll,309 •df.24,901
•468,438
*I97,188
22,9.'58
160,707
35,966
242,411
22,336
181,492
21,666
151,666
136,362
915,137
After allowing for other Income received.
These figures include other income. After deducting $10,000 for
Renewal Fund and Bond Conversion in January, 1901. and
$15,000 in January, 1900, the surplus for the month is $176,097,
against $125,815 a year ago; from July 1 to January 81, 1901, the
deduction for this purpose was $90,000, against $105,000 In 1900,
leaving surplus for this year $1,168,838, against $932,863 a year ago.
•
t
Miscellaneous' Companies.
,
Int., rentals, etc.
Current
Tear.
Companies.
Tenn. Coal I. A BR. Jan,
>
^Sal.o/Net Earn's.^^
Previous
$
57.607
Oarrent
Tear.
$
83,754
Tear.
$
54,776
Previous
Tear.
$
258,19d
Philadelphia Company.
,
February.
1901.
1900.
^-Jan. 1 to Feb. 28.->
1901.
1900.
>
350,471 270,603
Gross earnings
85,311
Operating expenses and taxes.132,482
683,937
291,3:1
564,494
178,757
215.7fc6
185,292
194,778
392.568
222.572
385.737
199,244
Total earn'gsA other Inc.... 433,775
Deductions from income *
46,708
380.070
40,0€0
615,138
90,817
584,981
91,309
387,0 67
340.010
521.321
493.672
17,709
16,625
17,188
16,623
35,416
33,292
34,375
33,292
34,334
33,813
68,708
67,667
352,733
306,197
455.613
426,005
Net income
114,508
Proportion to others than
Philadelphia Co
I,6f3
75,256
227,645
189,447
1,022
3,118
2,423
net income. 112,845
74,234
224.527
187,024
Netearning8fr'mopera't'n..217,98;)
Otherincomet
Total Income
Interest on funded debt
Dividends on preferred stock
AfiBliated
.
CompaniesJ
Phil. Co.'slnt in
•These deductions include the following items Rentals of leased gas
on current liabilities, interest on consumers' cash
:
lines. Interest
advances, etc.
t The net eaminns of
the afflllated corporations only appear in the
Income of the Philadelphia Co. as they are declared in dividends.
Pittsburg. Allegheny 111. Co.,
J Includes Consolidated Gas Co. of
Allegheny County Light Co.. Chartiers Valley Gas Co.. Union Gas Oo.
of McKeesport, Equitable Gas Co.. United lYaotion of Pitiabnr*.
NetBam's.-
Current
Cent New England Jan.
Ohoo. Okla. & Gulf .Jan.
Nov. 1 to Jan. 31....
—
<-Bai. of Net Eam's.-^
Tear.
$
$
$
$
237.630
235,066
100,194
101,931
1,706.108 1,672,912 1,455,811 1,474,181
33,750
33,750
64,258
51,742
236,250
251,280
256,(ji;5
194,275
28,116
22,500
17,497
18,157
196,816
187.5C0
124,801
128,353
196,897
197,688
:140.S15
J180,037
1,420.215 1.400,900 ;i,258,838 tl,037.863
93,276
71,402
58,942
•84,960
•9.07,800
560.491
506,446
*656,363
22,145
16,609
17,285
14,392
*2,573
*S,882
10,585
9,171
•26.232
74,563
61,401
'31,068
130,826
121,066
76.982
27,275
839,779
886,049
624.265
269.262
13.776
16,494
54,961
42,490
105.124
105,866
298,794
226,240
288.470
289,546
76,352 def..', 8,627
2,025.825 2,012,323 1,098.361
633,395
72..' 21
151,459
161,990
100.570
1,116.569 1,088,456
471,254
403,870
150,266
185,746
367,054
320,156
1,301.303 1.333,314 2.559.7 39 l,963,tll
114,332
107,240
23.145
20,961
301,956
303,368
171,528
172,506
Roads.
Kan
—
Previous
Tear.
Net income of company
t
above or
—Current
Tear.
$
12S.540
1.137,365
t,()
.
675-.
Net Earnings.—^,
Current Previous
>
.
May
.
STBEET RAILWAYS AND TRACTION COMPANIES.
The following table shows the grroaa earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads— that is, the
Srst two coltimns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and Including such
latest week or month.
—
)..
..
.
J
.
THE CHRONICLE.
670
[Vol. LXXII.
— Gross Earnings.
STREET RAILWAYS AND TRACTION COMPANIES.
Latest Gross Sarnings.
Gross
Eabninob.
1
American
.
Newp.
& Co v.
.
. .
City Eleo. (Rome.Ga.)
Cleveland Eleotrlo .
Cleve. Painsv. & E...
Oonsol. Trao. (Fltte.)
Dart&W'portSt.Ry.
Denver City Tram
Det. Rooh. Ro.A L.O.
Detroit United
Doluth-Sap. Tract
DuluthSt. Ry
S
Galveston City*
Harrlsburg Traction.
45,844 43,745
53,000 47,224
January... 13,367 13,023
February 843,394 817,232
6,731
5,639
February
February . 55,445 52,563
2,838
2,705
February
February 161.805 141.842
7,244
February
7,807
February . 205,432 194,829
6.460
5,440
February
February . 98,402 87.946
9.070
3,152
December.
4thwk Jan 63,204 58.984
February
28,949 27,629
December.
7,836 20,737
February
25,257 22,911
February
December.
R'ja. Co. J.
Atlanta By. & Power,
Blnghamton St. Ry..
Br^yn Rap.Tr. Co.
OhloaKo & Mil. Eleo..
Oln.
Week or Mo
Our'nt Pretfus
Tear.
Tear.
Jan. 1
Current
to Latest
Soads.
Tear.
Tear.
Jan. 1 to Nov. 30
9
^ewburg Electric. Feb.
94.354
594,966
13,367
90,806
536.643
13,023
"14,963
°i 2,071
116,669
6,201
318.537
16,481
442,123
18,423
206,814
72.100
194,374
109,759
5,421
298,567
14,488
410,062
11,827
182,734
182i923
4,190
8,237
8,534
January .. 233,171 209,175
(Buffalo)
Johnstown Pass. Ry. January... 15,534 13,417
233,171
15,534
68,038
17,808
209,175
13,417
66,647
16,840
I
I
lon&F'fcfortEl.Ry. February
3,934
Internat'l Traction—
Ry
LeMgh Traction
Kingston City
I
December.
Februa-^y
.
LondonSt. Ry. (Can.) December.
Lorain & Cleveland.. November.
January...
BlasB. Eleo. Co.'s
Metro. (Elev.)Clilcago December.
4,812
8,084
8,461
86.282
6 618
89,886
6,378,
377.738 366,145 377,738 366,146
1,572,548 1,427,512
137.655
126.999 122,510 269,885 259,596
11,493
11,685
5,554
5,407
10,919
10,726
6.197
4,923
18,570
8.048
15,409
7,491
6,434
5,616
3,022
2,678
129,904 30,104 424,180 379.006
68,137
55,617
35,365 26,775
2 038
2,467
870
1,187
7,169
6,687
3,254
3,301
4,817
8,317
11,043
Montreal Street Ry.. February
February
Mufloatlne St. Ry
February
NewbnrgSt. Ry
New Castle Traction, February
New London St. Ry February
Norfolk Ry. & Light. November.
Northern Ohio Tract. February
Ogdensburg St. Ry.. February
February
Glean St. Ry
Omaha & Conn. Blnfi
January.
16,327 16,603
Ry. & Bridge
Philadelphia Comp'y February 350.471 270,603
Pottev'e Union Trac. December.
Ballwaye Co. Gen.—
January... 13,034
Roads
1,S48
January.
Light Co's
13.137 11,710
Richmond Traction.. February
Sacramento Eleotrlo
.
;
.
.
.
i
I
j
'
.
.
16,327
683,937
142,468
16,603
564,494
128,983
28,608
24,370
Gas&Ry
Seattle Electric Co. .
Bonthem Ohio Tract.
Btaten Island Eleo. .
Terre Haute Eleo.Co.
Toronto Ry
City Rap. Tran.
Onion (N. Bedford)..
Twin
32,105
43,989
99,936
18.353
13,178
21,228
28,761
42,559
82 788
January...
February
15,816
December.
13,036
November.
15,172
February 109,.=il3 103 955
January... 236,275 220.103
January... 18,714 17,946
January...
.
32,105
91,897
99,936
38.207
209,645
28.761
88.567
82.788
33 296
203,897
286,275
18,714
220,106
17,946
Union Traction Co.
(Anderson. Ind)...
United P. & Tranap.
Un'dRys.Co.St. Louis
United Traction— )
Albany City 5
United Tract. (Pitta.)
United Tract. (Pro v.)
Wllm.&N.CastleEleo.
January .. 44,529
February ^Inc 9.
February 405,937
February
96,257
February 138,038
.
34.658
44,529
249
414,183
I Inc. 10,
89,846
127,231
January... 187,327 170,288
December.
Worcester* Marl'b'h January...
4,686
4,052
July
Cleve. Ry.Nov.
Feb. 28
. Feb.
Jan. 1 to Feb. 28
1 to
New Castle Tract.
.
July 1 to Feb. 28
Northern OhioTrac.Feb.
July Ito Feb. 28
Olean Street Ry
Feb.
July 1 to Feb. 28
Omaha & Council Bluffs
By. & Bridge
Jan.
PottsvlUe Un. Trac—
Jan. 1 to Dec. 31
Richmond Trac'n...Feb.
Oct Ito Feb. 28....
Sacramento Electric Gas
& Railway Co
Jan.
841,871
200.625
236,326
187,327
54,902
4.686
34,658
052
864,323
180,398
268,471
170,288
"4',062
Decrease for November due to loss by fire of power station and
nearly all of company's oars.
t These are results for properties owned.
* Decrease in earnings due to storm at Galveston in September last.
t
Boads.
Atlanta Ry &Pow.Deo.
July 1 to Dec. 31
Blnghamt'n St. Ry Jan.
Brooklyn Rap. Tr.a.Feb.
.
.
53,000
352,787
13,367
843,394
July 1 to Feb. 28.... 7,899,100
MUw. Elec.Feb.
Ohio.
6,731
102,460
July Ito Feb. 28....
Cln, Newp. & Cov.bFeb.
55,445
Jan. 1 to Feb. 28....
115,669
City Elec(Rome,Ga)Feb.
2,838
July 1 to Feb. 28....
6,201
Cleveland Elec.a...Feb.
15l,S05
Jan- 1 to Feb. 28....
318,537
Olev. Painesv. & E.Feb.
7.807
Jan. Ito Feb. 28 ...
16,481
Cons.Tr.(Pitt8b.).b.Feb.
205,432
Apr. 1 to Feb. 28.... 2,659,959
Denver City Tr'mw.Feb.
98,402
Mar. Ito Feb. 28.... 1.326,368
Galveston City Ry.. Deo.
7,836
171,983
Jan. 1 to Dec. 31
Harrisb'g Traot'n. .Feb.
25,257
July Ito Feb. 28....
234,864
Herkimer Mohawk Ilioh
& Frank. El. Ry. Feb.
3,934
July 1 to Feb. 28 ...
36,298
Internat'l Tr. (Buff.) Jan.
233,171
Johnstown Pass.Ry. Jan.
15,534
Lehigh Traction. .a.Feb.
8.317
Jan. 1 to Feb. 28....
17,806
Lond'n St.Ry.(Can.)Dcc.
11,043
&
.
Previous
Tear.
Current
Tear.
Previovs
Tear.
47,224
21,099
22,242
323,426
168,683
174,614
13,023
4,302
4,297
817,282
258,933
217,016
7,645,052 2,748,694 2,285,758
5,639
1,147
1,651
76,850
57,314
42.727
:32.80'i
52,563
131,659
109,759
167,653
J65,718
2,705
518
348
5,421
1,560
917
141,842
61,554
57,520
293,567
129,023
120,969
7,244
2.092
2,881
14,488
6.118
3.872
194,829
98,321
89,981
2,395,628 1,423.565 1,212,964
87.946
41,806
82,839
1,239,295
606,547
441,982
20.737 def. 6,934
10,228
236,374
20,858
32,443
22,911
8,867
18,914
220,501
93,402
95,028
4,190
33,792
209.175
13,417
8,084
16,840
8,461
$
3,630
49,820
1.704
30,497
1,693
3,681
6,378
89,886
4,923
67,279
7.481
15,409
3.022
46,572
35,365
305,183
3,301
35,363
219
def.47
16,346
13,112
119.080
1.388
18,131
14,879
10,507
96,789
1.298
15,320
16,327
16,603
5,719
7,271
142,466
13,137
75,430
128,983
11.710
70,517
64,979
5,249
28,499
67,917
4.914
29,985
32,105
28,761
333,820
42.559
403,884
82,788
16,771
203.571
18,131
159,636
34,167
10,602
147,688
5,19?
10,027
1,941
50,853
43,883
121,051
52,442
563,682
14,537
174,894
18,184
192,190
15,828
7.241
130,571
5,609
12,693
Feb. 1 to Jan. 31....
376,970
Soranton Railway.. Feb.
43,989
July 1 to Feb. 28...
395,391
Seattle Elec. Co
Jan.
93,936
So. Light & Tract... Feb.
Apr. 1 to Feb. 28....
South. Ohio Tract.. Feb.
18,353
Jan. 1 to Feb. 28....
38,207
Staten Isl. Elec. a.. Dec.
13,178
209.645
Jan. 1 to Dec. 31
July ito Dec. 31
120,278
Twin City Rap.Tr. Jan.
236,275
United Trac. (Pitts. ) Feb
138,038
July 1 to Feb. 28
1,276,353
Wilm. & N. Castte Elec54,902
Jan- 1 to Dec. 31....
Winnebago Tract.. Feb
Apr. Ito Feb. 28
. .
15,816
33,296
13,036
203,897
114,642
220.10S
127,231
1,173,149
S
3,320
50,437
1,090
31,517
810
2,157
987
39,878
31,030
105,257
47,036
538,643
27,733
1,180
31,422
1,170
537
45
Worcester & Marlb'rough
St.
Ry.a
4,686
Jan.
4,052
b Net earnings here given are before deducting taxes.
*Strike in December, 1903; road completely tied up for several days,
{Taxes and tolls In February, 1901, were $12,194, against $11,986,
and from January 1 to February 28, 1901, $24,840, against $24,465.
After deducting these items the net in February, 1901, was $20,611,
against $19,673, and from January 1 to February 23, 1901, $42,813,
against $41,253.
t Figures from May 1 in both years include results on Soranton
Railway, Scranton &, Plttston, Scranton <& Carbondale, Carbondate
Traction and Carbondale Railway.
and Surplus. —The following Street
Interest Charges
railways, in addition to their gross and net earnings given In
the foregoing, also report charges for interest, &c., with the
surplus or deficit above or below those charges.
,
Int.,rentalj,etc.
Current
Tear.
Roads.
Atlanta Ry. & Pow.Dec.
July 1 to Dec. 31
Clevel.ind Electric. Feb.
Jan. Ito Feb. 28 ...
Cons. Trao. (Pittsb.)Feb.
Apr. 1 to Feb. 28
Oenv'r City Tramw.Feb.
Mar. Ito Feb. 28 ...
«fe
Tear.
.
Tear.
Tear.
Tear.
$
19,129
125,959
13.875
37,851
62,641
686,761
31,642
376,919
85,402
—
>
Previous
Tear.
$
1,806
13,789
109,914
8,091
3,594
6,720
5,719
2,493
17,178
92.080
7,350
1,630
5,504
3,141
^Bal.ofNet ,Bam»«.-»
Current
Previous
Tear.
Tear.
8
$
1,970
11,601
42,724
72,975
42,679
21,445
42,306
91,172
60,337
t66,834
664.854 tl,051,369
30,184
10,164
229.628
336,389
*30,522
78,287
157.464
f855,514
2,655
105,893
*20,051
7,875
96,386
50.221
10,648
5,532
64,777
33,785
5,240
Street Railway Net EaruiHgfs.— In the following we sh<rw
both the gross and the net earnings to latest dates of all Street
railways from which we have been able to procure monthly Internat'l Tr. (Btifl.)Jan.
returns. As in the case of the steam roads, the returns of the Sacramento Electric Gas
Railway Co
Jan.
8,896
9,005
different roads are published by us each week as soon as re110,117
107,186
Feb. Ito Jan, 31
ceived, and once a month (on the third or the fourth Satur71,472
70,830
day of the month) we bring together all the roads reoort jng, Twin City Rapid Tr. Jan,
41,794
41,796
UnitedTrac. (Pitts.) Feb,
as is done to-dar.
* After allowing for other Income received,
,——0ross Earmngs.—-^. r-^Net Samtngt.—^
Current
Net Earnings.
Current Previous
a Net earnings here given are after deducting taxes.
.
Boranton Railway... February
<fe
New London St. Ry.Feb.
235,374
47,794
Herkimer Mohawk 11-
Loram
.
$
6,618
86,282
5,197
63,566
8,048
16,570
2,678
39,562
26,775
254,833
3.254
32,425
Si
Previoun
171.983
51,275
i
Tear.
Date,
Current
»
Previous
10,641
101.639
36,075
78,668
These figures Include other Income, After deducting $86,391 for
on funded debt and dividends on preferred stock In February,
1901, and $74,881 In 1900, there is a detlcit of $19,557 this year,
against $17,417 last year. From April 1, 1900, to Feb. 28, 1901,
interest and dividends were $951,389, against $823,691 in 1900,
leaving a surplus this year of $99,980, against $31,823 last year,
t
Interest
ANNUAL REPORTS.
Texas & Pacillc Railway.
^Report for the year ended Dec, 31, 1900,
President George J, Gould says in part:
General Results. The entire territory tributary to the line,
both in Texas and Louisiana, was blessed with exceptional
prosperity during the past year. Not only were crops abundant but prices ruled higher than for a long period. Under
these conditions all branches of trade proved exceptionally
Gross earnings increased 1714 P^r cent, and net
active.
earnings 293^ per cent, while the proportion of expenses to
—
earnings decreased nearly 3 per cent; this large decrease will
bear testimony to the improved physical condition of the
property.
The cotton crop exceeded all expectations. The number of
bales transported shows an increase of 333,476, with an increase of revenue derived therefrom of |541,352. This was
Pacific.
the largest cotton traffic ever handled by the Texas
It is encouraging to note that the cotton industry is rapidly
extending to the western portion of the line. Passenger
The number of local
traffic shows a gratifying increase.
passengers carried increased 200,049, with an increase in
revenue of |2C5,541 The average train-load in 1898 was 151 'SI
&
.
J
1
Mabch
THE CHRONICLE.
23, 1901.J
tons; in 1899, 168-93 tone; in 1900, 179*26 tons, the company's
fuel and supplies not being counted.
During the year the complete equipment of the rolling
stock with air and automatic couplers, in compliance with
Extensions.—The company in June
last
commenced
the
construction of a line from Donaldsonville, southeast in the
direction of Thibodeaux, and on Dec. 31, 1900, had ready for
operation 22 miles. This line will connect with many of the
largest sugar mills in Louisiana, and reach bodies of fine
timber. There was also acquired by purchase duiing the
year the Avoyelles RR., extending from Bunkie Station to
Simmesport, with branch, in all, 34 miles. This road has
proved a valuable feeder. During the year the Port Allen
Branch was extended 8 miles to the town of New Roads.
Kew Mortgage.— The company created on Dec. 19, 1900, a
new mortgagB designed to cover all branches constructed or
acquired in Loui&iana at the rate of $12,500 per mile. The
bonds under this mortgage bear 5 per cent interest and will
be issued from time to time as new mileage is acquired.
This mortgage will likewise embrace the Port Allen Branch,
the separate mortgage on which has been retired, and the
bonds issued thereunder canceled. To reimburse the treasury for cash advanced to pay for the construction of branches
during the year, and to replace the $312,000 of Port Allen
bonds held in treasury, there was issued and deposited in the
treasury at the close of the year |1,000,GOO of the new branch
lines bonds. It is gratifying to report that the sale of these
bonds has already been negotiated at a satisfactory premium.
Financial Condition.— the financial condition of the company at the close of the fiscal year was in every way satisfactory, the cash and available assets being largely in excess of
current debt. There was purchased for the maintenance of
the property and paid for in cash:
7,126 tons of steel rails and fastenings, $242,176; 300 flat oars,
$187,728; 500 box cars (partial payment). $58,079; 10 locomotives,
$152,952; 1 steam shovel, $7,250; 2 Lidgerwood unloadiug engines,
$5,593; New maobinery for shops, $11,885.
Eastern Division 6 per cent bonds for $118,000 were drawn
and replaced by first mortgage 5g, reserved for that purpose.
The premium on the sale of these 5 per cent bonds, together
with those derived from the same source, remaining in the
treasury at the close of the last fiscal year, added $73,000 to
the income of the year.
Under the terms of the contract covering the construction
Pacific Suburban Ry., the bonds and capital
of the Denison
stock of that company were transferred and delivered to the
company during the year, and now appear among the assets
in the treasury.
The item " Capital Stock, New Orleans Pacific Railway
Co., $6,712,500," that appears on the debit side of the balance
sheet, is not an available asset; it is simply held to protect
certain rights and franchises appertaining to its line in the
State of Louisiana,
Physical Condition. Tables are furnished showing that of
the 1,527 miles of track in the system, 390 miles are 75 lb.
steel, 139 miles 68-lb, steel and 985 miles 56-lb. steel, and 13
miles are iron rails. The iron bridges aggregate 6,767 feet in
length, wooden 1,860 feet, combination 2,075 feet, trestles
&
—
194,949 feet.
FBEIGHT CARRIED
Year.
1900
1899
1898
1897
1896
1895
(OOO'S OMITTED).
Live
Lximber.
tons.
2,891
2,607
2,360
2,367
1,875
1,929
stock.
Manuf.
Grain.
Cotton.
Coal,
400
117
376
192
422
411
110
107
326
137
272
186
279
177
522
179
238
167
287
135
267
162
217
120
OPERATIONS AND FISCAL RESULTS.
Miles operated
344
289
232
179
175
202
1900.
658
59
507
480
395
478
5,978,762
200,000
141,414
347,740
3.S7,222
1,056,127
Cash on hand
Due from ajrents, &c. 870,4.50
38,436
317,644
731,420
605,251
37,987
134,398
1898.
$
80,695,462
6.712,500
5,538,833
176,808
138,527
281,219
751.919
844.346
73.615
149,827
97,289,401
96,481,295
95,363,0.57
$
1S99.
1888.
1897.
1,527.
1,507.
1,499.
1,499.
Freight (tons) mileage... 670117052 562534762 512005537 548323830
1-02 cts
1-13 cts.
Av. rate per ton per mile 1'03 cts.
104 Cts.
TransTport'n receipts—
Frek'bt
$6,869,302 $5,744,743 $5,768,602 $5,685,170
Passenger
2,117,377 1,878.086 1,768,772 1,463,628
Mall
265,545
265,081
243,990
254,792
Express
182,689
151,038
144,000
144,000
Miscellaneous
316,209
261,237
51,360
70,338
N.O.Pao.RB.8tock.a 6,712,500
&
Pao. Sub. Ry.
Gordon Coal Mine....
Materials, fuel, etc..
Den.
Land notes
receiv'l,..
Miscel. accounts
Total assets
Liabilities
—
Total income
Disbursements —
Interest on bonds
Interest on 2d incomes
Betterments, equipment, eto
Taxes
Miscellaneous
Total disbursements
Surplus
$3,358,668
$2,581,895
.$1,289,756
(4%)928,692
$1,283,365
(1^4%) 375,000
505,265
249,344
96,437
636,042
276,328
20,265
$3,150,082
$208,586
$2,509,911
71,982
$
80,560.972
6,712 500
5.755'o71
157!735
138 222
230.668
695,442
876 294
63 724
152,668
95,343,296
38,720,280 38,712,300 38,710.900
53,801,426 53,986,498 54,218,008
249,499
24,959
741,608
680,434
Vouch. & pay-rolls...
669,358
643,008
255,959
246,302
Int. due and accrued.
237,687
227.659
94.808
132,149
Other accounts
53,994
96,195
2,662,982
1,600,704
Income account
1,453,721
1,422,569
Total liabilities.. 97.289,401
95,481,295
95,363.057
95,343,296
(a) This item is not an available asset, but la held simply to protect
certain rights and franchises appertaininj; to the line in Louisiana.
(I,) Includes interest scrip, income and land srrant bonds, $274,102.
a stock liability only.- V. 72, p. 439, 284.
MissonTi Paclflc Railway.
(Report for the year ending Dec. 31, 1900.
An abstract of the annual report, was given last week.
The balance sheets, etc., then omitted for lack of space follow:
QENEBAL BALANCE SHEET DEC, 31.
1900.
Assets—
$
Cost of road and equipment.. 56,631,354
Investments in stocks & bonds 60,101,122
M.P.6 p. c. f'd notes in treas'y
144,000
8t. L. I. M. & 8o. I'd notes do..
Materials & supplies on hand.
990,984
Ca»h
4,949,951
Sundry accounts collectible... 1,441,138
Miscellaneoua accounts
1,185,013
Total assets
Liabililies
—
Stock
1899.
1898.
$
$
53 194 488
305*061
56
64,948,522
56,013,672
1,414,000
495,000
1,007,196
719,482
2,166,801
1,063,703
47.447,075
62,138,000
980,083
1,762,488
2,599,156
500,000
560,355
35,843
116,023,603
Miscellaneous
1,257,311
3,213,608
124,443,562
117.828.376
Sr.
653,318
50,432,150
753,103
2,277,910
Total liabilities
962,721
2,151133
116,023,006
Notes payable
Accounts payable
Loans payable
(surplus)
495 000
847*284
117,828,376
47,448,650
62,138,000
965,690
2,714,040
2,598,461
815,970
711,850
435,715
Income accounts
1,414,000
124,443,562
Funded debt(8ee In V. Sui'P.).. 66,374,000
Interest due and accrued
1,135,475
LOUIS IRON MOUNTAIN & SOUTHERN RAILWAY.
BABNINGS AND EXPENSES.
1900.
1,774
1899.
1,774
$
2,389,637
10,340,270
1,076,211
1898.
1.774
$
2,152,087
9,492,157
14,581,037
13.306,118
12,633,545
Motive power
Maintenance of way
Maintenance of cars
General
3,622,063
2,378,299
1,385.581
847,868
314,204
3,647,842
2,230,067
1.665,793
791,262
441,573
3,493,763
2,126,627
1,714,267
726,583
269,339
Total expenses
Per cent of op. exp. to earns..
Net earnings
8,548.015
58-624
6,033,022
8,776,538
8,330,579
65-940
4,302,966
Miles operated Deo. 31
Earnings from—
Passengers
Freight
Mali, express
&
$
2,418,302
11.014,596
miscellaneous 1,118,139
Total earnings
Expenses—
Transportation
63570
5,029,581
983,701
INCOME ACCOtraX.
1900.
1899.
$
$
6,033,022
5,029,581
4,302,966
399,235
997,051
44,856
6,432,257
6,026,632
4,347,822
3,070,598
288,951
Car trust, int. & exch., &o.,&c.
Premiums, adj. of interest and
comms. on bonds exoh'd, &c.
Dividend
210,495
158,037
2,638,313
269,289
381,095
207,445
2,287,758
264,289
381,095
548,064
1,547,242
1,773,690
515,745
5,593
Total disbursements
Balance, surplus
5,823,387
608,870
5,785.577
241,055
3,175,579
1,172,243
Net earnings, as above
Dividends, interest, premium
on bonds and miscellaneous.
Total net income
DlsbiirsementsInterest on bonds
Taxes
Rentals
$9,751,122 $3,300,186 $8,006,604 $7,588,649
Total (exclud'gtaxes). $6,581,632 $5,848,866 $5,707,465 $6,473,003
P.O. of exp. to earns.... (67-80%)
(71-34%)
(71-29%)
(7047%)
Net earns, from opera'n.$3,169,490 $2,451,320 $2,299,039 $2,115,646
[INCOME ACCOUNT.
Receipts—
1899.
1900.
Net earnings
$2,451,320
$3,169,490
Other receipts
130,575
189,178
1897.
38,720,280
Capital Htock
554,441,826
Bonds, eto
371,938
Equip, obligations...
GENERAL BALANCE SHEET DECBMBEB
TransporVn expenses—
Matnt. of way & struct'8.$l,510,011 $1,397,827 $1,401,894 $1,364,228
Maint. of equipment
1,122,834
883,162
814,092
835,434
Oonduotlngtransporta'n 3,671,582 3,284,756 3,209,444 3,097,544
General expenses
277,205
283,121
197,139
260,694
$
RR.,b'ld'g8.eq., Ac. ..81,626,428
Receipts-
1900.
1899.
80,855,337
6,712,500
5,736,035
192,411
138,734
Assets-
(t-
rncrch.
Operations—
Passengers carried
1,508,508 1,304,068 1,206,162 1,004,870
Passenger mileage
85,999,435 78.892,315 74,261,323 58,738,584
2-38 cts.
2-38 cts.
Rate per pass, per mile. 2*46 cts.
2-48 ots.
freight (tons) moved
2,891,322 2,606,980 2,359.872 2,366,689
Total
OENBBAL BALANCE AT CLOSE OF EACH FISCAL YEAH.
Bondsowned
the Federal Law, was accomplished.
Total
677
1900.
A ituf.ts—^
£
Cost of road and equipment... 69,591,893
Land grants
1,549.424
Investmentsln stocks Abends 25,132,826
Bonds and notes in treasury..
606,000
Cash on hand
442.042
Land grant accounts
217,679
Little Rook & Ft. Smith Ry...
325,309
Miscellaneous
83,574
Total assets
Stock
FQEded debt
(see INV. Sup.)...
Car trusts
Loan
to refund
Rentals guaranteed, accrued.
Notes and miscellaneous
Income account
Total liabilities
72, p. ft29, 533.
-V.
$
236,844
31.
1899.
4$
1808.
4k
69,183.147
1,598,707
25,779.950
250,000
923.699
226.014
328,589
76,607
69,063.568
1,817,395
8,270.809
771,000
135,762
146,894
328.546
127.369
97,938,747
98,366,584
80,661,344
25,795,035
65,790,556
349,000
25,79."i,0.'S5
9.'55.974
2.=., 795,115
47,558,543
693,000
1,850,000
624.547
415,362
4,074,164
126.128
96,565
894.023
3,405,296
179.517
746,380
3,224,242
97,933,747
98.366,584
80,661,344
C6.4S7,543
516,000
bonds
Interest due and accrued
Due -Mo.Pac, current account
1898.
1,005,800
411,588
97,242
J
THE CHRONICLR
678
Terminal Railroad Association of
BALANCE SHEET JAN.
St. Loois.
C Report for the year ending Dec. 31, 1900
J
oompare
as follows:
EARNINGS AND EXPENSES.
190a.
1899.
1898.
Earnings—
$
$
$
Freight tolls
Passenger tolls
Mail tolls
1,127,479
1,127,295
330,117
50.000
1,064,852
Expreps
Upper roadway
tolls....
Kentearnings
Misc.
& switching earns.
Total
Expenses—
Conducting transporta'n
Motive power
Maintenance of way
Maintenance of oars
Main, of bridge & tunnel..
Upper roadway expenses
General expenses
Taxes
$
990,279
312,919
55.622
255,777
76,357
233,080
255,615
81,362
213,165
2,127,090
2,119,209
1,997,753
1,862,228
287,563
192,648
75,732
33,074
6,763
43,874
50,028
108,085
292,488
180,847
55,471
34,304
18,787
33,922
52,246
93,880
280,438
169,384
80,557
34,869
16,872
33,102
52.892
S6.202
263,133
155,318
22,768
48,' 49
11,540
24,964
."^O.OOO
tolls
1897.
324,127
50,000
59,182
224.765
81,911
192,916
828,776
Ol.O.'^S
37,fi00
57,523
211,498
80,007
172,502
54..'i33
97,287
677,587
731,286
758,943
797,767
1,329.322 1,360,265 1,263,467
(35-81)
(3625)
Ratio of exp.toearn8.,p.c.
(3750)
327,007
327,007
327,007
Rent, Union Station prop.
21,339
21,623
21,212
Int. on deposits and misc.
Total
KetearnlngB
Total income
Int.onloan&re.est.note8
accts. rec'l,
Company bonds
Miscellaneous stocks
Sup. and materials....
Treasury com. stock..
Total
327,008
8,454
("Report for the year ending Dec, 31, 1900,
President John W. Mackay says:
The net trafflo earnings from cables and land lines increased $339,946 over the previous year. Out of the balance to the credit of revenue
account there has been set aside a sum of $35O,0C0 as an addition to
the reserve fund and also an amount of $150,000 to the fund for "insurance of stations, apparatus and repair steamer," and these sums will
be invested In first class securities. The reserve fund now amounts to
$3,947,233 and tbe insurance fund to $519,410.
After providing for all operating expenses and reserves, th9 balance
of net revenue. Including the amount ($228,063) brought forward
from the previous year, amounts to $2,007,730, out of which has
beeu paid interest on the bonds and debenture stock ($720,000), and
dividends and bonus on the capital stock ($1,066,654), leaving a balance of $221,066 to be carried forward to the present year.
At a special meeting of the shareholders held on Deo. 4. 1899, the
share capital was increased from $10,000,000 to $15,000,000, and
pursuant to authority the directors issued $3,333,300 of such Increase
to shareholders at par. An additional cable has been laid between
New York and Canso, Nova Scotia, and a cable has also been laid between the latter place and Fayal, Azores Islands. The company has
entered into traffic arrangements with the Deutsch-AtlantL-cUe Telegraphen Gesellschalt (German Atlantic Cable Co.), which will be of
mutual benefit. There have been added to the land line system 432
miles of poles, 12,693 miles of wire and 62 new offices.
Earnings, expenses, charges andgbalance sheet have been
as follows:
EARNINGS, EXPENSES, ETC.
1900.
315,000
225,000
666,900
84,004
100,956
36,482
315,000
225,000
666.900
86,981
43,680
37,823
315,000
Interest
22.=i,000
Miscellaneous
Net Income
Deduct— Dividends
86,927
85,241
32,849
Total
1897.
1898.
$
$
6,441,200
1,665,117
3,827,585
65,900
6,441,200
1,555,243
3,323,6«5
15,792
528,629
1,326,500
419,402
38,283
526.135
1,324,400
57,721
51,507
1,148,390
18,888
274,441
38,881
1.276,=i49
180,202
725,897
16,736
962,403
6,997
Deficit.
29,801
176,937
627,877
7,876
445,419
187,784
682,n77
9,522
681,849
176,399
OENBRAL BALANCE SHEET DEC.
1899.
$
1900.
31.
Liabilities—
1,441,200 1,441,200 1.441,200 1,411,200
Caoital stock
Boiids (see Supplement)!!, 690,000 11,590,000 11,590,000 11,500,000
367,341
485,881
420,646
Due for current oper's... 396,199
98,586
Accrued rentals
98,352
98.353
98,353
183,566
Bills payable
763,897
22,100
Miscellaneous
Balance Income account. 1,203,216
1,790,383 1,520,000 1,507,808 1,446,218
493.003 823,601 520,205 417,090
500,000 1,000,000 592,761 536,750
Balance
Reservefunds
Assets:—
Cables, land lines,
$
Cash
Spare cable and
803,551
30,129,669
3,104,295
74S,9 14
453,508
miscellaneous..
354.887
733,051
.39,019,230
243, 482.
35,163,485
.
Total
-V. 72,
p.
72,556
15,803,531 15.332,131 15,176,666 14,718,541
t
(Report for the 17 months ended Jan.
Bonds
Dividends pay'ble
36rt,669
Sundry credits...
Keserve funds....
Extensions
Revenue account
381,555
Total..
Consolidated Railway £lectric*Lighting
4,466,»tv!
2,25'),000
221,066
.39.019,230
We have been favored with the following balance sheet:
*
Patents, good will and 380,950 shares stock of other cos.. $16,000,000
3,550
New patents purchased
60,000
Real estate and buildings at Derby Conn
machinery
and
Derby,
and
New
York
patterns,
150,000
New
108,222
Accounts receivable
Material and supplies (cost)
81,017
,
Orders and completed product (cost)
,
investment In New York and Derby
Subscriptions due on 135 shares ''Electric Axle" Co.etock.
it l8
expected will be accomplished in the future.
profit and loss account aad balance sheet follow:
The
PROFIT AND LOSS ACCODNT FOR 17 MONTHS ENDED JAN.
Net earnings
1,
1901.
Interest, etc
$1,454,373
97,364
Total net income
Interest on bonds (17 months)
Expenses, Including maln'e and oonst'on
Bad debts ($26,321), and depreciation, $26,69;)
$1,551,737
$1,222,816
215,216
51,993
Surplus
$1,490,056
$61,680
17,083
4,931
Office
675
Oashinbank
223,383
$16,648,861
Liabilities :
,
—V. 71, p.
$16,000,000
24,492
15,000
609,369
$16,648,861
Total
In a report covering the first 17 months of the company's
existence, W. N. Caldwell, George B. Holbrook and Henry L,
Higginson, a committee appointed Feb. 18, 1901, says in part:
When the directors assumed management of the various properties
they found the company bound by a number of long-time contracts,
turned over by the constituent companies, for the sale of large quantities of paper at low prices. At the same time the cost of raw materials began to advance and continued to advance for several months
These causes affected earnings adversely during the first six mouths of
tqe company's existence. During the succeeding nine months earnings were abnormally low, but this condition of affairs changed about
Oct. 1, 1900, since which time trade has been steadily improving.
The cost of manufacturing has bepn steadily reduced since the formation of the company, and will, the directors believe, be still further
reduced. The quick assets on Jan 1, 1901. amounted to $4,242,693,
of which $688,626 were cash on deposit. More satisfactory results
35,183,488
& Equipment Co
Surplus
1901.)
10,000,000
18,"00,000
275,000
578, b74
3,832,050
2,250,000
228,063
{Balance Sheet of Dec. 31, 1900.)
Authorized capital stock
1,
S
13,333,300
18,000,000
Accounts payable
Mortgage on real estate not due until 1903 at 5 per cent
American Writing Paper Co.
1899.
1900.
LiaMUties—
Total
Total liabilities
—V. 71, p, 964.
119,659
31.
Stock
33,304,4 68
&c
Sundry ser-urities 3,780,88«
777,i)3S
Sundry debtors
AgsctS
Matured and accrued int..
2,233,386 2,343,601 2,028,013 1,863,309
1,066,664
800,000 800,000 800,000
720,000 720,000 704,296 640,000
3,719
3,512
6,218
t;66,900
15,803,53115,382,131 15,176,666 14,718,541
Total assets
1897.
1898.
Earnings (Inol. land Iine8,we0.3,29b, 151 3,356,204 3,031.838 2,775,939
1.012,765 1,012,603 1.003,825 912,630
315,000
227,599
666,9C0
85,204
96,924
40,107
$
6,441,200
1,665,117
Construction, general... 3,334,610 3.341,746
272,255
East Belt Line.
269,720
Do
111. Trans. RK.
223,386
57,364
Do
Line
683,193
654,036
West
Belt
Do
1,451,500 1,326,500
Stocks owned
312,451
Cash
368,831
37,317
Due by agents, etc
45.671
Due by railroads, account
,"i6,892
42,288
passenger tolls
Sundry oos.andlndlvld'lB 1,199,434 1,158,677
71,888
58.527
Supplies and mlscell
1899.
Expenses
1,520,103
Assets—
$
Property and franchises. 6.441,200
1,671,810
Real estate
$41,139,178
Commercial Cable Company.
1,611,813
1899.
Total
.$41,139,178
1,708,896
1900.
159,923
10,235
2,273,963
2,000,000
$12,500,000
11.600,000
17,000,000
77,497
61,680
-V. 70, p. 998.
1,677,542
BALANCE SHEET DECEMBER
1,798, .571
(36-38)
1,431,728 1,428,343 1,375,383 1,411,918
sr.2i5,813 er.280,553 sr.236,430 8r.l08,185
Total
Balance
Cash and
Preferred stock
Common stock
5 per cent bonds
Accts. payable
Surplus
$34,896,484
1,184,641
Deduct—
Interest 1 St mort. bonds.
Int. cons. mort. bonds...
Rentals, bridge* tunnel.
Rentals, leased property
Improvement account...
1901.
Liabilities.
Plant, real estate
$245,813, a decrease of but $34,740, notwithstanding the Increased
expenses.
The estimate of extraordinary expenditures for betterments and
additions for the current year calls for $118,630 and to meet contracts
for $75,000. [This last item Is understood to be the uneai ned Interest
guaranteed on St. Louis Merchants' Bridge Terminal bonds.]
earning-j, balance sheet, etc.,
1,
Assets.
President Julius S. Walsh says:
The small gain In gross earnings, $7,881, Is attributable to competition In river crosslngB. The Increase in expenses, $J8, 824, was oooaetoned by unusual expenditures ia maintenance of way, motive
power, upper roadway and increase of taxation. In conducting transportation there was a decrease of expenses. Fixed oliargea. rentals,
interest, etc.. remain substantially as before, leaving a net surplus of
The
[Vol. LXXII.
87.
Electric Storage Battery Co.
('Statement for year ending Dec. 31, 1900.)
The company has issued the following comparative
ment for the three years ending Dec. 31, 1900:
1900
Merchandise billed
Oontra —
Manufacturing, purchase and
lation charges
1899
state-
1898
$3,309,443 $2,122,680 $1,163,584
instal-
1,186,814
683,151
$1,447,520
Gross profits
Fixed charges, cost of conducting
business, selling and extraordinary
297,760
exp., depreciation of plant, etc
$935,866
$480,433
326,781
220,283
$1,149,760
Net profits over all expenses
Cash from outside securities and
168,105
other income
$609,085
$260,150
315,438
39,520
Netlncome
Orders booked
Orders unfilled January 1
Plates manufactured
Plates shipped
Plates ordered
-V. 72, p. 482.
1,861,923
$1,317,865 $924,523 $299,670
$3,509,002 $3,500,996 $1,340,937
177,403
1,236,947 1,378,316
Lbs.
Lbs.
15,3c>l,001 10,796,427
11,688,151 8,366,739
11,017,579 14,062,137
Lbs.
5,121,624
5,275,050
6,373,330
JJ
:
Mafch
23. 1901,
THE CHRONICLE
J
International Silver.
C Balance Sheet of Nov. 30, 1000. J
The balance sheet
of Nov. 30, 1900, follows:
Assets.
$1,802,401
2,926,801
Eeal estate
Mach
and llxt'H.
Trademarks, patents
11,510,021
and good will
4,300
Inyestment acoouuts..
138,169
Stock In other cos
72.98M
Company's stock
120,000
Flrft M. 68
,
tools
Do
30,000
22,400
117,757
1,663,741
pledgefl...
Hol.&Edwd».Co.l8t68
Notes receivable
Aco'tR receivable
Gash in banks
Expenses
3t)8,722
50,961
1,020,809
,
Material
Gold and stiver
Merchandise
Mfg. exp. and supplies
General exp., etc
Loss and gain
Interest on 1st 6b
.'i08,834
1,945,375
1,051,090
18,933
94,053
44,512
Misoellaneous
$^,944,70
stock
Preferred Ptock
5,107.500
First niorttrage 6 per
sinking fund
bonds
First mortgage 6 per
cent bonds of the
cent
3,£00,000
ifold
Holmes & Edwards
Co
Sliver
150,000
Discount on International Silver Co. securities
purchased
and
deposited i n
treasury
Mortgages payable...
8.433
2,i00
1,189.433
167,315
Notes payable
Accounts payable
Coupon Interest
Permanent surplus...
.^,'210
Surplus
1,600,0C0
299,877
Bales
4,59(J.M19
Reserve
86,990
Total
.$27,068,577
Total
-V. 72, p. 4<:2.
Liobitities.
Common
C Report for year ending Dec. 31, 1900.
The report to the etocbholdera at the recent annual meeting
gave, according to the "Philadelphia News Bureau," the following data.
for rails, billets and slabs was
$7 61 higher than in 1899. but the costs of the same inort- ased $7 58.
BO the benefit from the improved price tor the products was received
by those who sold the company its supplies. 'Ihe improvements to
new machine shop and
blooming mill No. 2 are nearly completed.
foundry were built. The renewal of the blast furnaces was begun and
the switch find free department is being extended The total improvements at Steelton were $957,023, of which $?53,0C0 was charged to
capital and *223,447 to operiitlng cost.
The average price per ton received
A
To increase its ore supply the eompany has acquired 34.097 shares
of preferred and 34.09'/ sharesof common stock of the Cuban Steel Ore
Co. at a cost of $"35 467. and has made a 5 vear contract for an ore
supply at advantageous terms. It has also purchased 300 coke oars
and has Issued $250,000 car trust notes against the same. At Sparrow's
Point 49 per cent of the rail and billet output was exported, as compared with 40 per cent in 1899. The mprovemeBts there cost $18' .000, of which $117,680 was charged to operating and $70,000 to
capital.
8TEELTON OUTPDT.
1900.
Pigand
1699.
1898.
Tons.
1897.
Tons
Tons.
246,000 238.000
366,000 340.000
138.000 141,000 13-?,000
SrARKOW'S POINT OUTPUT.
245,000
137.000
in gets.. 3 6 1,000
2.-)9,000
splegeleisen...
Bess.and open-hearth st'l
BteelraUs
1900.
Pig iron and spiegeleiaen
110,000
1898.
234,000
213,000
187,000
148,000
The statement of earnings as officially corrected for the
Chronicle is as follows
EAKNINOS, CHARGES, ETC.
StuHort
.—Sparrow's Pl.-^ .- —Total B fh.
,
Manufacturing
Deauct —
profit.
Char, to prof.'& loss. etc.
47,086
Additions and impr'ts... 223,448
xnivldend
Depiecmiion
Surplus
X Includes
214,430
131,250
619,809
75,068
320,490
2'0,117
26,239
580,718 1,146,936
44,P8t
117,680 102,733
204,362 168,223
119,992
28 8<!3
47,0^fl
.•?41,128
418,78i
131,250
619,8 "J
.•^^8,340
2H,239
preferred
Cash on hand
Balance Individual ledger
Lehigh Coal & Navigation Company.
amounted
to $2,623,7u9. Out of this amount was paid for general
expenses, rentalp, taxes and interest. $1,317,799, leaving surplus
earnings of $1,305,909. After deducting a sinking fund charge of
6 cents per ton on 1.951,527 tons of coal, amounting to $1*7, 57t), there
was set aside a further sum of $100,000 for depreciation of coal im-
provements and canal equipment; after these deductions there remained a balauoe of ,$1,108,333, out of which have been paid two dividends, one of 2'« per cent and another of 3 per cent, amounting to
$789,066, leaving a balance of $319,267, which has been placed to the
credit of profit and loss account.
Lehigh <t Susquefianna KR. — The coal tonnage of the Lehigh <fe Susquehanna RR. and Lehigh Canal aggregated 6,154.835 tons, an increase of 27.530 tons compared with 1899. The gross receipts of the
Lehigh & Susquehanna RR. compared with 1899 were as follows:
$207,195
$197,518
Increase.
.$9,k77
1,973.465
3,380.236
1.837.444
3,374,927
13e,021
5,309
899.
$33,206,394
Total
Liabilities—
Capital St' ok
First mortgage loan, 4 »« per cent
Railroad loan, 4 per cent
IVOO.
$15,514,509
1,969.476
4,890,940
2,456.363
531,276
9B,H30
681,649
3.=0,40i
704,627
215,519
192.027
120,727
4,734,155
22,^23
242,5»4
$32,728,721
$14,866,650 $14,366,6E0
5,000,000
5,000,000
1,992,833
1,992,833
1,842,500
Gold loan, 4 percent
1,842,500
2,467,0r0
2,467.000
Consolidated mortgage loan, 7 per cent
3,750
Scrip red. in Con M. loan. 7 per cent (1911).
3,750
3,686,r00
3,686,000
General mortgage loan, 4k per cent
4I3
Collateral trust loan,
per cent
1,500,000
1,600,000
f 6,000
Funding and improvement loan, 4 per cent. 1,105,000
Bills payable and temporary loans
590,554
218,000
C. RR. Co. of N. J., const'n loan account L.
298.377
& Sua. RR
9,418
Cen. RR. Co, of N. J., const'n loan account
313,572
WUkes-B. & Scranton Ry
1,704
124,923
Bonds and mortgages and ground rents ..
123.665
7,114
Interest and dividends due and unpaid
31,564
38.'^,268
Profltandloss
858,310
90,1£0
Balance Individual ledger
Total
-V.
$33,206,394
$32,723,721
72, p. 440, 389.
Tamarack Mining Company.
C Report for the year ending Dec. 31, 1900. J
The report, signed by President A. S. Bigelow and the directors, eays
During the year there was spent for construction and charged directly to operating expenses $252,870, being $147,782 leas than for
1899. Estimates for work to be done in ISOl indicate that the construction account mav show some reduction from 1900. We expect
No. 5 Shaft to add during the latter half of the year to the product of
:
the company.
While the actual cost of mining and treating a ton of rock was no
than in 189», the decrease in cost of construction, an increase of
62-1000 of 1 per cent of line copper in the rook stamped, ana the
steady price of copper during the entire year, enabled us to raise the
dividends from $i0 to $17 per share, and carry to surplus account
$179,141 In 1900, as airainst $140,510 in 1899.
less
('Report for year ended Dec. 31, 1900.
President Lewis A. Riley says in part:
General Residtt.—Thei revenue from all sources during the year 1900
1
1901.
Bills receivable
1899.
*
2, 829,117 2,330,170
690,313 225,438 1,271,061 1,372.»74
1900.
1ST.
$15,559,296
1,964,476
4,888,711
2,481,584
547,070
104,622
650,767
377,687
680,538
213.924
257,803
103,188
4,779,271
35,529
148, 2€9
433,658
Opened work and cut coal in mines
Miningequlpment
Landed property and improvements
Canal equipment
Supplies at mines
Coal on hand
Seoupities owned by company
1900.
«
8% percent in 1900 and 1% percent in 189 J. on 11,500,000
See also V. 72, p. 91, 143.— V. 72, p. 535, 482.
Passengt rs and malls
Freight and express
Coal
BALANCE SHEET JANUARY
AssetsLehlKh & Susquehanna kR
Lehigh Navigation and thlpping impts
Coal lands
Coal improvements
Panther Creek RR. and equipment
Lanstord shops (iud equiiiment
,
1900.
1899.
1900.
1899.
S
S
S
1^
.1,816,772 1,783,852 1,012,34,5 511,318
lntere.it, taxes, etc
ence with our work was caused by the presence of an armed mob from
the Hazleton region, which resulted in the stoppage of work at rne
colliery for one day. Tlie mob was dispersed and work continued under the protection of the troops until the strike was declared off. The
fact Jhat we were able to operate our collieries during the strike InThis gain, however, was
creased oar earnings from coal mining.
more than offset by the loss of business on our railroad system due to
the strike in the other regions.
Canal.—The business of the canals shows a profit of $10,734, which
is an Increase of $3,331 over the year 1899; tonnage, 380,579 tons, an
Increase of 12,633 tons.
The income account was given on page 3S9 of Chboxicle
The balance sheet follows:
of Feb. 23.
.
1899.
284,000
23C.00O
Steel rails
Ooal.—The production of coal from the company's property, including that used by theeoinoany In its mining operations, was 2,093,890
tons, as compared with 1,807,7.33 tons In 1 899. an Increase of 291.1 5
tons. The total shipments and local sales amounted to l,P5l,52
tons, the company having consumed In its mining operations 1 47,36
tons. The production per day was 7,955 t^ns. which was 173 tons
ureaterthan In 1899. The average cost of coal was $1257 per ton, aa
compared with $1282 last year, a cecrease of 25 centf per ton. This
is the lowest coat at which coal has been produced by this company.
Eight collieries were in operation during the year, one colliery. No. 12,
being idle This colliery has been largely improved. Your mines generally are in good condition, and if the market requirements will permit, shipments can be largely increased.
The past year has been marked by the most complete and successful strike on the part of the coal operatives which has ever been
known, lasting from Sept. 10 to Oct. 29. The only serious interfer-
$27,058 577
Penngylyania Steel Company.
Tons.
579
Total
$5,560,897 $5,409, S89 $151,008
Bental, one-third of gross receipts.. $1,853,632 $1,803,296
$50,336
The rental paid the Lehigh Coal <k Navigation Co . viz.. $1,853,632,
•which is one- third of the gross receipts, was $439, '232 in excess of the
guaranteed minimum rental of $1,414,4(0, as virovided by the terms
of the lease. The receipts from the coal tratllc. while showiuvr an increase, are not what they would have been under normal condition*,
as, owing to the strike which prevailed throughout the anthracite
region in the fall of the year, the shipments were greatly reduced.
The mlsoellaneoas freight business is very satisfactory. The different
lines have been maintained in good physical ooudltton, Improvements
having been made in the way of third "track for passing sidings, additions to freight yards, reducing grades, etc. Additional equipment
has been purchased by the lessees to be delivered early In the year,
and they are now In condition to handle the largely increased volume
of business which there is every reason to expect will be offered for
transportation.
The most important work ever undertaken by this company was
the sinking of No. 5 Shaft, the total cost of which. Including equipment to Dec, 31, 1900, has been $663,608. The work on this shaft
was begun Aug. 7, 1895, and all payments since Deo. 31, 1&96. have
been charged to operating account. The lode was out Dec. 20, 1900,
at a depth of 4,662 feet, and was found as rich as we expected it to be.
This fact has an Important bearing on the future prosi ects of the
company. [The superintendent goes into this matter very fully In
his report.]
Tear.
1900
1899
1898
1897
1896
1895
Total
Net
coat.
$3,299,077
2,952,099
2,381,389
2,267,341
$2,099,936
2,211,5S8
income.
$1,199,141
l.^dfJ.lPS
1,515,173
1,>'62,507
1.835,810
1.377.402
1.113,003
Bmlanee
Dividends
Receipts fiom
copper, etc.
740,511
518,882
431,531
3H8,697
402,165
furplus.
paid.
$1,020,000
600,000
480,000
360.000
360.000
400,000
$179,141
140,511
38.882
71,531
^,697
2,165
ASSETS AND LIABILITIES DEC. 31.
Supplies at
$651,556
124.000
132,000
74,147
273,115
269,352
mine
Wood and timber lands
Cash
at Boston
M,985
200,074
288.634
and onpper
Total assets
Liabilities
1899.
$691,744
124,000
132 O'JO
1900,
AssetsAccounts receivable, etc
H. ct C RR. stock and bonds
Lake Superior Smelting stock
Cash and accounts at mine
—
1899.
$172,290
25.0C0
132,000
125.411
£05,163
297.989
334,911
$1,524,170
$1,493,437
$1,292,764
$169,723
142.072
$17.'',142
$1 85,736
1.213,370
299.C66
1,034,228
213,311
8»8,717
$1,524,170
$1,493,437
$1,292,764
Accounts payable at mine
Accounts payable at Boston
Balance of assets
Total liabilities
The dividends from April
aggregated |7,390,000.— V. 73,
3, 18*<8, to
p. 4S3.
Ddo.
23, 1900,
have
—
—
—
THE CHRONICLE.
580
GENERAL INVESTMENT NEWS.
RAILROADS. INCLUDING STREET ROADS.
I
Vol. LXXII,
and
interest $235,000 of the consolidated first
of 1900 due Aug 1, 1920.— V. 70, p. 1249.
—
—
Anthracite Coal Roads. Extension of Agreement. The
10 per cent advance in wages and other concessions made
in Oct., 1900, by the anthracite coal companies to their
miners was extended last week nntil April 1, 1902,— V. 71,
p. 913.
mortgage
53
—
Current River RR.
Exchange of Stock.
Treasurer
Charles Merriam in a circular says: "Arrangements have
now been perfected, and one share of the common stock of
the Kansas City Fort Scott & Memphis RR. Co. will be given
by the Old Colony Trust Co. for six shares of the stock of
this company, upon stirrender, on or before April 15, of the
certificates assigned in blank, at their office, Ames Building,
Boston."
Baltimore & Ohio RR.— Decision- Appeal. —At Baltimore
on Monday pro forma decrees were signed by Judge Ritchie
in the Circuit Court dismissing with costs to be paid by the
Denison & Sherman (Electric) Ry.—Mortgage.—The complaintiffs the suits of Henry P. Scott and Nathaniel W. pany has made a mortgage to the Farmers' Loan & Trust Co.
James to restrain the company from paying a dividend on as trustee to secure $500,000 of §1,000 bonds. —V. 71, p. 1120.
its common stock without ttie payment of a pro rata diviDenver & Rio CJrande RR. Expected Rights. The predend on its preferred stock. An appeal has been entered.
Control. A preponderating amount of the capital stock, ferred and common stosks have advanced this week on re-
—
—
•we are assured, is
now owned
Pennsylvania RR. Co.— V. 72,
Brooklyn Rapid Transit
by, or in the interest of, the
p. 531, 480.
—New
—On
President.
Co.
Wednesday J. L. Greatsinger, President of the Dalnth &
Iron Range
(controlled by Federal Steel Co.) was chosen
President and director to succeed Clinton L. Rossiter, resigned.
Resolutions expressing a high appreciation of Mr. Rosslter's ability and his success in buildmg up the system were
adopted by the board of directors.—V. 73, p 343, 337.
Canadian Northern Ry. Nortfiern Pacific Ltttes,— President Mellen of the Northern Pacific Ry. Co. has notified the
Government of Manitoba that it must be prepared to take
over the company's lines in Manitoba on April 1, Any deThe
lay, he says, will result in nullification of the contract.
Dominion Government at Ottawa, it is stated, must ratify
the contract before it can be carried into effect.— V. 72, p.
437, 338.
Chicago Great Western Rj.—$2,000,000 New Debenture
Stock. The holderi^ of the 4 per cent debenture stock and of
the 5 per cent Preferred Stock "A," collectively, were to vote
in London on Mar. 20 upon a resolution to issue an additional
$2,500,000 4 per cent debenture stock (ranking pari passu
with the present 4 per cent debenture stock), the proceeds
thereof to be devoted to the payment of capital expenditure
in the year 1901 (say $1,114,000) and to pay the car trusts
created, and the cash payments made and to be made in respect to the rolling stock purchased in the year 1900, in all
for car trusts and equipment about $946,666, and any surplus
to be held available for similar capital expenditures in the
succeeding years. This issue is independent of the $8,000,000
of debenture stock authorized in January 1899 for ref anding prior indebtedness and still unissued to a total of
RR
—
§2,200,f00.
Half- Yearly Earnings.
preferred stock holders in
At a meeting of debenture and
London on March 6, Mr. Howard
Gilliat, who presided, said:
For the six months ended Deo. Slstlast the gross earnings improved
over those for the corresponding period ol the previous year by
$110,982, but the net earnings showed a decrease of $82,795, owing to
an advance in the expenses amounting to $193,776. Some of the
Increase in expenses was owing to the larger business done; the tonnage
hanled one mile being in excess of that hauled daring the same period
of the preceding year by 17 per cent, though the average rate received was less. Of the balance, the increased price of material represented more than one-half, coal for locomotives alone being responelble for $60,000. Improvements to the line charged to operating
expenses accounted tor $53,000.
Since Jane 30th last the outstanding terminable indebtedness
ranking prior to the debenture stock— namely, car trusts and sterling
notes— had been reduced by $2,373,586, and converted into debenture
stock on terms which reduced the fixed charges by about $2.5,000 per
annum, Since that date, however, a new oar trust had been created,
amounting to about $450,000.
&
—
Interest of Vermilye
Co. Mr. Gilliat also said:
Last autamn the management were able to conclude an arrangement with Messrs. Vermilye & Co. to be the fiscal agents of the company In New York, to place one of their members on the board, and
to purchase a considerable ''line" of the debenture stock, subject,
however, to their being satisfied as to the position of the property—
both physical, financifil and prospective- after an examination by an
expert appointed by themselves. This examination was made, and
was most exhaustive, with the result that Messrs. Vermilye & Co.,
were satisfied, and had therefore carried out their undertaking,
Mr. W. A. Read, of their firm, joining the board.
Purchase.
syndicate in the interests of this company
has purchased from J. J. Hill all the stock and bonds of the
—A
&
Fore Dodge RR., which extends from Mason
City to Fort Dodge, a distance of 90 miles. The purchase
includes the coal fields near Fort Dodge owned by the Webster County Coal Co. Extensions will be made this summer
to connect the Chicago Great Western with the Mason City
Fort Dodge. It will be necessary to build 12 miles between
Manly Junction and Mason City, and 30 miles from Hampton
Mason City
&
to Clarion.—V. 72, p. 44.
Chicago Terminal Transfer
RR.— Change
of Control
—
ports of probable rights to be offered the stockholders in connection with the financiering of the Rio Grande Western purchase on which the D.
R. G. has an option.
Mr. Ooiild's Holdings.— It is generally understood that Mr.
Gould, through further purchases of the company's stock,
has secured a commanding position with respect to the company's affairs.—V. 72, p. 532, 338.
&
Datroit & Lima Northern Rj.—Sale Approved.—The depositing bondholders on Monday approved the sale of this
property per plan in V. 72, p. 437.—V. 72, p. 532.
Detroit Mackinac & Marquette Land Grant.— Report.—
The report of the trustees for the year ended Dec. 31, 1900,
compares as follows with that for
Calendar
Oross
year.
receipts.
1900
1899
$160,899
170,881
1899:
V' Disbursements"
(Taxes, etc.)
$90,720
132.704
Interest
on bonds.
$e0,420
60,420
Balance.
$9,759
22,243
sur.
def.
tlnoludes "bills receivable" of $60,756 in 1899 and $26,873 in 1900.
The amount of bonds outstanding remains at $3,021,000,
unchanged since last year. Of the original grant (1,327,048
acres) 1,208,303 acres remain unsold, 12,671 acres having
been disposed of during the year. The receipts as above in
1900 include:
On contracts and deeds, $44,656, against $24,366 in 1891; timber
sales (in cash and bills receivable), $S5,38S against $124,381; interest on contracts, $16,001, against $11,331; other interest, $10,206,
applicaagainst $8,330; mining leases, $4,250, against
;
$400, against $2,472.
The trustees hold $32,547 in cash and $286,379 in bills receivable, against $22,789 and $259,506 respectively on Dec. 31,
1899— Y. 71, p. 751.
tions,
etc.,
Elizabeth Plainfleld & Central Jersey Rj.— Bonds
Offered.— The Fidelity Trust Co. of Newark and R-^dmond
Kerr & Cj. of this city are offering at 1023^ and interest
$1,400,000 of this company's 5 per cent 50-year gold bonds
due Dec. 1. 1950. See advertisement on page ix. and V. 71,
p. 1310.— V. 72, p. 44.
Erie RR.—Neio President.— Y D. Underwood, Vice-President and General Manager of the Baltimore & Ohio, it is
stated, has been formally offered the presidency of the Erie
RR. Co. President E. B. Thomas will probably be advanced
to the chairmanship of the board. V. 72, p. 532, 438.
.
—
Fort Worth & Rio Grande Ry.— Pitrcftose.-The purchase
of this road, we learn, was made by parties interested in the
St. Louis & San Francisco RR.— See V. li, p. 532.
Gadsden & Attalla Union RR.— Foreclosure.— Kt the foreclosure sale on Wednesday the property was purchased for
$50,000 by T. S. Kyle representing the bondholders.—V. 72,
p. 391, 241.
Great Northern Rj.—New Sfocfc.— Shareholders of record
May
April 15 are offered the right to subscribe until 3 p.m
20. at par ($100 per share less $20 to be credited to them aa
below stated), to their pro rata share of a new issue of $25,000,000 capital stock, making the total authorized issue
$125,000,000. The proceeds of the new stock will be used to
acquire 500 miles of additional railroad and to obtain control of the ocean steamships of the Great Northern Steamship
Co., of which two of large carrying capacity and designed
for the Pacific Ocean trade are now under construction at
New London, Conn. Subscriptions are payable in instalments of 20 per cent each on May 27, June 25, July 25, Aug,
26 and Sept, 25; $1 psr share will be credited on each instalment on account of the subscriber's interest in the bonds released to the company by this subscription, as below explained:
since your company took possession of the railways and properties
of the St. Paul Minneapolis & Manitoba By Co. under the lease of
Feb 1 1890, it has advanced, out of its revenues, for permanent additions to the same more than $5,000,000 that has never been repaid to it. Under provisions of that lease, framed to cover such
cases, the St. Paul Minneapolis & Manitoba Ry. Co. for the purpose of
,
,
the extent of $5,000,000, agrees
acqairingtitle to such additions, to
As a result of the purchase of the large holdings of the to
issue Its bonds to that amount. The money so advanced by this
German interests in this property by Kuhn, Loeb & Co. and company belonged to its stockholders, and might have been paid to
E. H. Harriman, announced last month, Edward D. Adams, them la the form of dividends upon their holdings of its stock, but for
mentioned. The bonds to be Issued In
the representative of these foreign interests, has resigned as
chairman of the executive committee and has bsen succeeded by J. N. Faithorn, the President of the company.
its use in making the advances
repayment of such advances, therefore, also In equity belong to this
company's stockholders. Your board of directors is of the opinion,
huwever, that the interests of the stockholders will best be subserved
by this company's acquisition of the said bonds for a treasury asset,
and their retention in the company's ownership. It has, therefore,
been decided to acquire from the stockholders their equities in the
said bonds by crediting upon the subscription price of the new stock
the sum of $20 per share, such amount to be distributed equally
V. 72, p. 241.
Cleveland Cincinnati Chicago & St. Louis Rj.—Maturing Bonds. The Cincinnati & Springfield Ry. first mortgage
bonds, which mature April 1 next, will be paid by J. P. among the five instalments of said price. Subscriptions lor new stock,
Morgan & Co.—V. 72, p. 86.
under the terms of this circular will be deemed a release to this company of all equitable Interest in said $5,000,000 of bonds, appertainRj.—
Bonds
Cleveland Elyria & Western
Offered.— ing to the'shares of stock giving the right to make such subscription.
W. E. Hutton & Co. of Cincinnati are offering at 102>^ —V. 72. p." 480, 338,
—
:
March
THE CHRONICLE.
23, 1901.1
Kansas City Clinton & Springfield Bj.— Exchange of
—A
Stock.
circular annonnces that arrangements having now
been perfected, one share of the common stock of the Kansas
City Fort Scott
Memphis RR. Co. will be given by the Old
Colony Trust Co. for six shares of the stock of this company,
upon surrender, on or before April 15, of the certificates assigned in blank, at their office, Ames Building, Boston. V.
&
—
72, p. 137.
Kansas City Fort Scott & Memphis RR.—Conaolidation.—See Current River RR. and Kansas City Clinton &
Springfield RR. companies above.— V. 72, p. 533', 438.
581
Ohio Sonthern RR.— Payment of Interest.—The first
mortgage bondholders' committee, William A. Read, Chairman, informs the holders of certificates of the Central Trust
Co. issued on deposit of said bonds that, upon presentation
of the same at the office of the Trust Company, they will receive $191 55, being interest at the rate of 4 per cent per
annum from June 21, 1896, to March 15, 1901, on each bond
having Dec, 1896, and all subsequent coupons attached, represented by such certificates.- V. 72, p. 533, 439.
Pennsjlrania
V.
RR.— See
Baltimore
&
Ohio RR. above.—
72, p. 533.
People's Tramway of Danielson, Conn.— Dam Breaks.—
Lancaster Connty (Pa.) Railway & Light Co.— ConsolidaThis company has been incorporated in New .Jeisey The break-down of the new Grant dam will compel the comwith $2,000,000 of authorized capital stock, of which |1,000,- pany for the present to use its auxiliary eteam engines to
000 is preferred 5 per cent cumulative. The company will generate electricity, but it is said will not wholly cripple the
control the Conestoga Traction Co., the Lancaster Rail- trolley service.— V. 72, p. 137.
way Co., the Edison Electric Illuminating Co. and the
Peoria & Eastern Rj.— Decision.— In the caae of the comLancaster Gas Light & Fuel Co., being all the trolley lines
pany against the reorganization committee of the Ohio
in the connty and the electric light and gas companies of
ludiana & Western to determine the proper disposition of the
Lancaster City, with one exception. Incorporators: Samuel
flpcurities remaining in the hands of the committee, the U. S.
R. Shipley, W. W. Griest, Wm. B. Given, Phillip B. Shaw
Circuit Court in the Southern District cf New York haa
and Lindley M, Garrison.
All of the bonds of the old companies will remain out- directed that the following ehall be turned over to the Peoria
standing, and their stock will be deposited as security under & Eastern Ry. Co., viz.
Cash, $5,217; Peoria & Eastern flret consol. 4b, $117,000; Peoria &
a collateral trust mortgage, their corporate existence being
Eastern incomes, $108,000; Peoria & Eastern stock, $100,800; also
maintained. The details of the new bond issue have not yet $250,000 stook of Peoria & Pekin Union Railway, which has long
been determired. The details of the securities of the rail- paid 6 per cent yearly.
way companies are given on page 50 of our Street Railway
These securities were held as a provision for the premium
Supplement for February, 1901. The Laccaster Gas Light & which might be necessary in effecting the exchange of the
Fuel Co. had outstanding at last accounts |325,C00 stock and 11,000,000 first consols of the Peoria & Eastern for the Indiana
$300,000 5 per cent bonds, and the Edison Co. $250,000 first Bloomington & Western Railway 7s, but the holders of the
mortgage Ss, due 1923. interest on the latter being payable latter preferring to retain their bonds, the exchange was never
Jan. and July at the Equitable Trust Co. of Philadelphia, made.
trust ee.--V. 72, p. 244.
The amount due by the Peoiia & Eastern to the Cleveland
Cincinnati
Chicago & St. Louis on June 30, 1900, was $556,Long Island RR.— Atlantic Avenue Improvement.— At
Albany on March 20 the Senate passed, over the Mayor's 228, upon discharge of which from earnings, or if thought beet
veto, the Atlantic Avenue Railroad bill of Senator Wagner. in part with the above securities, interest payments on the
The Senate Cities Committee also reported favorably an- income bonds will presumably be begun. The earnirgs for
other bill of Senator Wagner providing that the Improve- the seven months ended Jan. 31, 1901, show a surplus over
ment Board shall begin work at once and cause the removal fixed charges of $256,085. The income mortgage provides
of the road from grade with reasonable expedition.— V. 72, that not later than March 1 of the year following, the earnings from each calendar year applicable to interest payments
p. 480, 338.
on the incomes shall be determined by the directors and the
Mason City & Fort Dodge RR.— SoW,— See Chicago Great interest as ascertained be paid on April 1.— V. 72, p. 339.
Western Ry. above.— V. 68, p. 977.
Philadelphia & Lehigh Talley Traction Co.— New EnterMexican National Construction Co.— Decision Sale.— See prise.— Albevt L. Johnson, the Pretident of the Lehigh ValMexican National RR. Co. below.— V. 64, p. 1137.
ley Traction Co. of Allentown, Pa., has given notice that,
Mexican National RR.— Decision Reversed.— In Novem- under title of the Philadelphia & Lehigh Valley Traction
ber, 1899, the English Court of Appeals reversed the decision Co. (a charter controlled by the Johnson interests), he ia
of the lower court and directed a sale of the |4,510,400 pledged proposing, if the necessary franchises can be obtained, to
Mexican Government subsidy tonds. From this judgment build in Philadelphia, Norristown, etc., 180 miles of electric
the Mexican National Construction Co. took an appeal to railway as part of a new system, with through line from
the House of Lords, which recently reversed the order of the New York to Philadelphia and Allentown. The authorized
Court of Appeals, and, upholding the decision of Justice capitalization of the Philadelphia & Lehigh Valley TracNorth, held that as there had been no default the subsidy tion Co. is §5,000,000 each of stock and twnds. Mr. Johnson,
bonds should not be sold and their proceeds applied as had who is a brother of Tom L. Johnson, is quoted as eaying:
been proposed to reducing the amount ($10,955,000) of outI started my plan in Allentown in 1893, and I now have 175 miles
standing first 6s of 1887. Two of the five Lords on the bench of track from Phillipsburff, N. J., across the Delaware and thence
diegented from the decision. The matter was fully ex- along the run of the Lehigh River to Slarlngton, 10 miles from Mauoh
I have also two brandies— one 15, the other 25 miles long. I
plained in the report of the railroad company for 1899 as Chunk.
have the consent of every town from Allentown to Philadelphia. Wo
given on page 644 of the Chronicle of March 31, 1900.— (See follow the Reading Railway for a great part of the distance, going
through Bethlehem, Ladsdale, Hatfield and other towns to Chestnut
V. 69, p. IK 3; V. 70, p. 644.
and
Sale of Construction Company's Holdings.— It was an- Hill. It is our desire to go throagh Germantown to Broad Street Melthence to the centre of the city. We will leave tlie city through
nounced on March 16 that the Mexican National Construc- rose, to Bristol, thence to Trenton. The latter line I already own and
tion Co. had sold its holdings in the Mexican National operate,
I want to touch every section of Philadelphia and will eventually
RR. to Speyer & Co. of this city. These holdings embrace a
get in, for I am prepared to spend a large sum on the Philadelphia
majority of the $33,350,000 capital stock and $7,000,000 of system. I own my own bridge over the Delaware into Trenton and
the $7,040,000 third mortgage income bonds.
have a private right of way through that city. The road from TrenThe plan of President Raoul, as stated in V. 70, p. 612, to ton to Princeton is already built aad thence to New York I have five
ways open, but do not care to discloee them. [See New Jersey <k i hllaincrease the gauge of the road to standard width and put delphla
Ry., V. 71, p. 696.]
the property in first-class condition, will now be carried out.
The
enterprise
will be operated at present under five sepYesterday three representatives of the Speyers, viz.
Martin arate charters, known as the Philadelphia & Lehigh Valley
Erdmann, Henry W. Taft and Gabriel Morton, succeeded on
parent
the board of directors the representatives of the Construction Traction Co, the Lehigh Valley Traction Co. (the
Bridge
Trenton
company),
the
the
Philadelphia
&
Trenton,
Company. (As to the capitalization, etc., of the last-named
and the Trenton Lawrenceville & Princeton. Eventually
company ate V. 63, p. 1115,)— V. 71, p. 288.
one company may be formed to take over the ot biers. Three
Mexican Northern Rj.-Earnings.—The earnings for the cent fares in Philadelphia and a 50cent rate for a ride between
six months ending Dec. 31 were
New York and Philadelphia are some of the features cf the
^Oross.
Net.
0th. inc.
Charges. BaL.sur. scheme. The directors of the Philadelphia & Lehigh Tracio^rt^"*'~
tion.
—
,
:
:
IfOO
$;U7.3'23
$145,670
5!17.071
$72,402
$90 339
1899
315,652115,546
16.626
65.582
66,590
In 1900 there was a profit of §4,220 by Mexican silver exchange, making a total surplus of $94,559, against a loss of
$560 from the same source in 1899, reducing the surplus in
that year to $66,029.— V. 70, p. 280.
tion Co. include:
T. B. Lynch, ot Philadelphia; C. M. Bates. New York; F. 8. Drake,
George H. Sliney, B. P. Legare and John Honecker, of Philadelphia,
and L E. Johnscn, son of ex-Congresaman Thomas L. Johnson, of
Cleveland.
Rapid Transit In New York City.—See Long Island RR.
above.~V. 78, p. 481, 392.
Mobile & Ohio RR.— On Wednesday Samuel Spencer, A. B.
Andrews and W. W. Finley were elected directors to sucSacramento Electric Gas & Rj.— Report.— The annual receed James H. Fay, W. Butler Duncan Jr. and W. Emlen port for the year ended Jan. 31. 1901, shows: Grcss earnings,
Roosevelt, resigned. Samuel Spencer was also elected Presi- 1376,970, contrasting with $333,819 in ISOO-OO: net. 1203,573
dent, W. Butler Duncan, however, remaining as Chairman against $174,894; bond interest, $107, 1S6: profit and loss en-
of the
board.— V.
72, p. 438, 391.
T.A®^ Jersey & Philadelphia (Electric) Railway.- See
Philadelphia & Lehigh Valley Traction Co. below. V. 71.
balance, surplus for year, $93,180. Beginning
of 15 cents per share have been
paid, with prospects, as reported, of future increase in the
tries, $3,206;
Jan.
1
monthly dividends
p. 698, 343.
same.— V.
Newton (Mass.) Street Rj.— Dividend Reduced.— Owmg
to large construction expenditures, made and prospective,
Lonis & San Francisco RR.-See Fort Worth & Rio
Grande R.R. above. V. 73, p. 439, 284.
San Pedro Los Angeles & Salt Lake Rj.— Incorporation.
Incorporation papers have been filed at Salt Lake City;
the quarterly dividend payable April 1 has been reduced
cent, the rate for a number of years past, to 1}^
percent.
from 3 per
70, p. 630.
St.
—
authorized capital stock, $35,000,000.— V.
73. p. 184.
—
——
THE CHRONICLR
682
Schnylkill Traction Co. of Girardrllle, etc., F&.—New
Jlforfgaye.— The company has authorized the proposed new
mortgage for $3,COJ,000 to provide for extensions, refunding,
etc.
The directors are: Clarke Merchant, J. A. McKee, John
F. Finnev, H. W. Lippincott, Herman Hooper, Speaser Cosby
and Dallas Sanders. Mr. Merchant, it is said, will be made
President.— V.
72, p. 284, 24i.
[Vol.
LXXIL
Among the plants to be absorbed are said to be:
Glnna&Co., New York; Norton Bros., Chicago; Norton Can
Co.,
A. Booth Co., Baltimore; Black. Krebs & Co., Baltimore;
Smith Can Co., Baltimore; E. P. Breckenridge Co., Toledo; Empire
State Can Co.. Geneva; Union Can Co., Hoopstown, Ind.; Louisville
Can Co., Louisville, Ky.; Fisher Can Co., Hamilton. O.; Pacific Coast
Metals Co., San Francisco; Haas & Assmaa, New York; Norton Can
Co., Whitestone, L. I.; I.eoompte & Perkins, New York; New England
Can Co., Boston; C. P. Poole, Philadelphia; Wm. Fait Co., Dougherty
& Mann, Baltimore; Clark Can Co.. Detroit; United States Can Co.,
Buffalo; Illinois Can Co., F. Rudolph and the F. Diesel Can Co., CUloago; the Toledo Tinware Co., Toledo.
Baltimore;
Seaboard Air Line ^j.— Bonds iSoZd.— Vermilye & Co.
and Hallgarten & Co. have purchased the $10,000,000 of 5 per
cent gold funding and refunding bonds described last week.
A special dispatch to the "Baltimore Sun" says the comSteps are being taken to absorb the constituent companies
by absolute consolidation, as would have been done before pany is expected to embrace at least 95 per cent of the tin
can busines=' of the country, including about 100 different
had it not baen for the Ryan litigation recently settled.
The 43 of 1900, of which $20,000,000 are pledged to secure concerns. Most of the companies are reported to have taken
the new loan, will thus be made a direct lien on the system, stock in payment for their interests, but a few of the small
instead of being as
now
largely a collateral lien.
—V.
72,
p. 534.
Seattle Electric Co.— First Dividend.— The first regular
quarterly dividend of 1^ per cent on the preferred stock has
been declared payable April 1 to stockholders of record
March 15. (See Street Railway Supplement, page 85.)—
V.
71, p. 1221.
Sedalia Electric Ry.— S'oW.— At the foreclosure sale in
on March 15 the property was purchased for
$10,000 by W. B. Bromall, of Chester, Pa., representing, it is
said, the first mortgage bondholders
V. 72, p. 242.
Sonttaern Paciflc B.R.—New Coast Line.— The company
expects to open its new coast line between San Francisco
and Los Angeles on March 31. See V, 63, p. 617.—V. 71, p.
Sedalia
—
136.
—
concerns took cash offers.
ents.— V. 73, p. 481.
The
assets include valuable pat-
American Screw Co.— Exchange of Stock.—The ^iOOahavea
now
being issued in exchange $ for $ for the old $250
The Manufacturers' Trust Co. of Providence has
been made registrar of the stock. V. 72, p. 341.
American Strawboard Co. Offlcial Statement.— PreBiient
are
shares,
—
Newcomb on Tuesday
said:
was impossible to get a quorum of our board of directors to-day,
consequently It was impossible to act on the divlaend. At the time we
resumed dividends last June, we were earning considerably more than
the dividend requirements, and we have continued to do so ever since.
While the business for the past two months was less than in January
and February, 1900, both business and profits were materially larger
than In January and February, 1899, which in turn were larger than
any preceding year since 1892. When our absent directors return,
should they deem it best to call a special meeting for the purpose of
declaring a dividend, It will be done. On the other hand. In view of
the large amount of capital temporarily invested In supplies, it maybe
the conservative course to defer such payment until the next regular
It
Tennessee Central Bj.—Bonds. The stockholders will
May 7 on propositions to lease the Kiogston Bridge
dividend period in June. If this latter course Is pursued. It will give
& Terminal Ry. and Cumberland Plateau RR,, and on May us
an accumulation of profits, which will make our finances easy and
15 to issue bonds and secure the payment thereof by mortthe maintenance of dividends thereafter reasonably certain."
gage on the franchises and property. The office is in Nash- —V. 72, p. 534, 389.
ville.
American Telephone & Telegraph Co.— Meeting.— At the
Union Traction Co. This company was incorporated in meeting on March 26 the shareholders will "act upon the
New Jersey on March 8 with $1,000,000 of authorized capital question of conveying to certain licensee companies certain
stock, which on Mar. 9 was increased to $15,000,000, one half lines."—V. 72, p. 439, 392.
being preferred 5 per cent cumulative. Sheehan & Collin,
Beech Creek Coal & Coke Co.— Oonsolidation.—This comattorneys for the Brooklyn Rapid Transit Co., organized this pany
has purchased the property of the following allied
new corporation, which, it is said, will be a stock owning bituminous coal interests, all mining in the same region in
company.
Clearfield and Cambria counties, Pennsylvania, and along
Union Traction Co. of Philadelpbia.—See Philadelphia the line of the Beech Creek RR., viz.: Pardee collieries, Pat& Lehigh Valley Traction Co. below.— V. 71, p, 1068.
ton Coal Co Clearfield & Indianapolis Coal Co., James Kerr
Wabash Railroad. Authorized,— The proposed extensions, & Co., E. P. McCormick & Co. and the Chestnut Creek L. &
bond issues and guaranty, fully described in Chbonicle I. Co. The "New York Sun" quotes A. E. Patton, the
of January 26, page 184, were duly authorized by the security Treasurer of the consolidated company, as follows:
holders on March 19. The Toledo & Chicago Railway has
The capital stock of the Beech Creek Coal & Ooke Co., which has no
been incorporated to build the line from Toledo to Mont- connection with the Beech Creek RR., excepting as shipper, will be
about $5,000,000. Tlie tract of land which it takes over contains
pelier (57 miles), etc.— V. 72, p. 184.
16,000 acres and there are fourteen mines. The unmlned coal is estivote on
—
,
Wheeling & Elm Grove 'Rj.— Consolidation.— Vnder this
has been voted to consolidate the following companies: Wheeling & E!m Grove Railway Co., Suburban
Light, Heat & Power Co.; Suburban Ry. Co.; Wheeling
Park Association, and the Suburban Light & Water Co.
The consolidated company, it is stated, will issue bonds
to the amount of $1,250,000, of which $500,000 to be reserved
for improvements, etc., and $750,000 to be used to retire the
title it
stock and bonds^ of
Anton Reymann,
it is
the several constituent companies.
understood, will be President. V. 72,
—
p. 392,
White Pass & Yukon B,j.—New Capital.— At a meeting in
London on March 11 the shareholders authorized an increase
in the ordinary stock from £1,000,000 to £1,700,000, the entire
issue to be of one class. It is proposed to sell immediately
£100,000 new shares to pay off cash advances. These shares
will be entitled to the 5 p. c. dividend whicii it is expected
to pay at an early date out of the surplus earnings (about
£300,000) of the year 1900.
Regarding the application of the balance (£600,000) of the
new stock, Hon. S Carr Glyn at the meetiug said in part:
The proposal which vie hope to make at the annual meeting Is to
Issue £330,000 of fully-paid shares [to represent earnings diverted to
improvements] and to distribute them as a bonus at the rate of 30 per
cent—that la, 10 per cent per annum since the enterprise was atari ed,
to the holders of, £1,100,000 of shares. Of the balance of the new
capital £255,555 will be held in reserve to be Issued to provide cash
to pay off the llfee amount of debentures that are being issued to the
Canadian Development Co. in payment for their fleet, goodwill, etc.,
and there will then remain a balance of shares of the value of £14,450. Butjln the meantime, before these shares can be Issued, there
is a large amount of the liabilities of the company, amounting to a
sum of considerably over £100,000, which have to be met before June
30, and I am glad to say that Messrs. Close Brothers & Co. have
agreed to finance the same on the terms that they shall have the call
of the £255,550 shares above mentioned at par up to Dec. 31, 1903.—
V. 72, p. 392.
INDUSTRIAL. GAS AND MISCELLANEOUS.
Alabama Steel & Shipbnilding Co.— New Stock.— The
shareholders of this company, which is controlled by the
Tennessee Coal, Iron
RR. Co., will vote March 28 on a
proposition to increase the common stock from $50,000 to
$560,000.
There is also $i40,000 of 6 per cent preferred stock
&
and $1,100,000 first mortgage 6s.— V. 69, p. 1151.
American Can Co. Incorporated. —This company was incorporated at Trenton, N. J., on March 19 with |88,000,000
of authorized capital stock, of which $44,000,000 is to be 7
per cent cumulative preferred. A considerable amount of
both classes of stock,
treasury.— See V. 72, p.
it
is
481.
understood, will remain in the
at about 250,000,000 tons. Last year the six merged concerns
shipped 1,600,000 tons of coal; this year we expect to ship 2,000,000
mated
tons.
James Kerr, the President of the consolidated company, is
a director of the Baech Creek RR. The offise is at 11 Broadway, New York,
Bell Telephone Co. of Philadelphia.— Increase of Stock.
The shareholders will vote May 21 on increasing the capital
stock from $6,000,000 to $8,000,000.— V. 71, p. 603.
Bituminons Coal Roads. Coal Rates. An increase of 10
per cent, it is announced, will be made April 1 by the Pennsylvania, Baltimore & Ohio, Chesapeake & Ohio and Norfolk
& Western in their rates for carrying bituminous coal from
the mines to seaboard. See Chbonicle of last week, page
505.— V. 71, p. 1106.
Citizens' (xas Co. of Jacksonville, Vi&.—New Bonds.^
Holders of the 5 20 year 6 per cent gold bonds, due Dae. 1,
1918, are notified by the Columbia Trust Co. of Middletown,
Conn., aa follows:
The business of your company is Increasing to such an extent as to
—
—
—
necessitate the building of another gas holder, at a cost, with other
improvements, of $25,000; and one with a capacity of 2^0,0:0 feet is
now nearly completed. To meet this expense the company has issued
$150,000 6 per cent 5-20 gold bonds, $100,000 thereof for the purpose of retiring the outstanding bonds; $25,000 to be sold to pay for
improvements mentioned; aud $25,000 to be held in the treasury to
be sold for future improvements when authorized by a vote of threefourths of the stock. The new bonds are dated Dec. 1, 1900, due
1920, optional after five years. Coupons payable June and December, at Union Trust Co , New York. Denomination $500.
The Columbia Trust Co., having been appointed trustee under the
mortgage, is now ready to exchange the new bonds for the old at
their otHce; also offers to investors a limited amount of the bonds at
par and accrued interest from Dec. 1, 1900. The property is in fine
physical condition, with steadily increasing business and profits The
increased consumption for last year was 3,00o,000 feet, and for 1898,
'
1899 and 1900, 10,000,000
feet.
Commercial Cable Co.— Bonds SoZii,— The
$2,000,000 four
Co, have been
per cent bonds offered by Baring, Magoun
sold. See report on a preceding page.— V. 72, p. 535, 482.
Consolidated Gas Co. of New York.— Neio Plant.— The
company, it is stated, contemplates the gradual expenditure
of several millions of dollars in the construction at Astoria
of a plant with a capacity of 100 million cubic feet of gas a
day; aleo a numb?r of large holders, retorts, etc. Such a
plant would replace to a large extent the existing plants in
Manhattan and make it possible to realize on valuable blocks
of real estate, as it has been reported the company was intending to do.— V. 72, p. 436, 440.
Cnban Steel Ore Co. See Pennsylvania Steel Co. on page
&
—
57 J.— V. 72 p. 90.
March
23,
——A
—
—
THE CHRONICLE.
1901.]
683
Diamond State Steel Co.— Plan.— E. B. Smith & Co. tracts with tho G-^neral Electric Co., at Schenectady, and the
have prepared a plan providing for the rrganization of a Glens Falls Portland Cement Co., for 7,0)0 horse pDwer
new company of the eame name and with capitalization (being aboat one third which it has to offer), which will proas follows: Common stock, $2,000,000; preferred 7 per cent duce a revenae of $160,000 per annum. The plant will be
stock, $2,250, OCO, all in shares of $10 each, full paid; and completed and in full operation during the current year.
100-year first mortgage 4 per cent gold bonds, $1,000,OCO E. H. Gay & Co. by advertisement on another page offer a
(with the right reserved to stockholders to increase the same block of the $1,500,000 first mortgaee 53. About 15,000 horse
to $1,750,000), subject to call at 102 and interest on any inter- power are so tie developed at this time. See General Electric
The following provisions appear in the circular:
est day.
Co. above.— V. 70, p. 40.
Of the $2,250,000 new preferred, $375,000 Is to be sold at par for
International Silver Co.— Dividend Postponed.— The
cash with a bonus of common Slock, d'he remaining $1,875,00J preit is understood, have decided to further postpone
directors,
ferred etock and $1,5( 0,000 common stock are to be exchanged for
The balance sheefcof Nov.
the present Diamond State Steel shares on the basis of 62^} shares dividends on the preferred stock.
of the new full-paid preferred and 50 shares of the new full-paid com- aO is given on a preceding page.
V. 72, p. 432.
mon shares for every 100 of the old $6 25 paid shares. The bonds
Mississippi Valley Telephone to.— See Twin City Teleare to go to the Diamond State Iron Co.— V. 72, p. 45.
phone Co. below.— V. 72. p. 244.
Domestic Ga<* Light & Coke Co. of New York (;ity.—
National Glass Vo.—Ncw Officers.— President H. C. Fry,
New Project. This company, incorporated last December
with $100,000 of authorized capital stock, has an application and his sons, H. C. Fry jr. and J. H. Frv. having resigned
Frank L.
for a franchise pending before the Coancilmanic Committee their positions with ttie cotnpany. Vice-President
on Streets and Highways. The company agrees not to Stephenson has been elected President, A. W. Herron Vicecharge the city more than 75 cents a thousand feet, and con- President, and Luoien B. Martin (President of the Fostoria
sumers not more than ninety cents, and offers to pay the city Glass Co. of Moundsville, W. Va.) head of the commercial
The Fostoria company has recently been one
3 per cent of its gross receipts. James Jackson is President department.
of the most important independent factories in the trade.
and H. M. Thompson Treasurer.
V. 71, p. 345.
Dominion Iron & Steel Co.— Prospectus. A prospectus
National Wall Paper Co. Payment in Liquidation.—
gives the capitalization as $8,000,000 1st mortgage 58, S5,000.
GOO 7 per cent cumulative preferred stock and $15,000,000 third dividend, 10 per cent, will be paid March 29 from the
—
—
—
common
stock. It also describes the property as follows:
The company has purchased at a cost of $1,000,000 the great Wabana Mine, on Bell Island, Newfoundland, about 425 miles from the
works at Sydney. The mine Is estimated to contain about 25.000,000
tons of ore above sea level, with a much larger quantity at a lower
level. The ore can be loaded directly on the vessel and delivered at
Sydney at a total estimated cost not exceeding $125 per ton. The
company's works immediately adjoin the coal areas of the Dominion
Coal Co., and a contract with the latter assures at low cost a supply
of coal suitable In every way for the manufacture of Iron and steel.
The town of Sydney has donated to the company about 800 acres of
land within the town and abutting on Sydney Harbor. On this site
there Is now in course of erection 4 blast furnaces, each having a capacity of 250 to .350 tons of iron per day; an open-hearth converting
plant, a steel mill with a capclty of about 800 tons pt-r day, and a
coke-oven plant of 400 ovens of an Improved Otto-Hofifman type, to
which Is to be added a rail and billet mill. It Is expected that pig
Iron can be produced at a cost not exceeding $5 50 per ton. When in
full operation tlie output is expected to be about 400,000 gross tons
per annum of pig Iron, 75,000 tons of steel blooms and 325.000 tons
of steel rails. The Dominion Government has granted a bounty till
July, 1907, on the manufacture of iron and steel, which (at the rates
shown in V. 71, p. 1122, Newfoundland ore being used), on a pro
duotion of (say) 300,000 tons of pig metal and 60,000 tons of steel
blooms in 1901 and thereafter 400,00 J tons of iron and steel per annum, should bring the company: In 1901, $870,000; 1902, $2,075,090; 1903, $1,850,000; 1904, $1,450,000; 1903, $1,000,000; 1903,
$625,000; 1907, $225,000; total, $8,095,0C0.
Over'subscnbed.—The $3,000,000 preferred stock recently
offered was eubEcribed for nearly three times over. V. 73, p.
—
482, 341.
Electric Lead Redaction Co.— Sia^ its. —This company,
whose shares recently appeared " on the curb," has a factory
at Niagara Falls, where by patented processes, with elec
tricity obtained from the Niagara Falls Power Co., it pro
duces from ore mined in Missouri a spongy lead used by the
Electric Storage Battery Co. for its batteries. The factory
is reported to have a capacity of ten tons a day, and besides
lead of the kind mentioned, produces, or, it is said, can produce, litharge, white lead, red lead and peroxide. The company also makes sulphuric acid as a by-product. The capital
stock is $2,000,000 of 7 per cent cumulative preferred and
$l0,000,000of common stock; par value of shares §50.
The
preferred stock is understood to be 10 per cent paid. Among
those interested in the undertaking are a number of Pennsyl
vania men, including W. W. Gibbs, Samuel R. Shipley and
Henry G. Morris. P. G. Salom, one of the inventors of the
storage battery, is President.
proceeds of liquidation, making 50 per cent in all paid or declared to date on the debenture stock. V. 71, p. 1313.
National Witch Hazel Co.— Proposed Consolidation.— E.
Co., 80 Broadway, are receiving subscriptions
R. Chapman
at par for $550,000 6 per cent perferred stock of this proposed
consolidated company, a bonus of 100 per cent of common to
be given therewith. The authorized capital stock is $3,000Of the
000, of which $1,000,000 is to be 6 per cent preferred
latter $150,000 will remain in the treasury; the balance of the
share capital is to be issued to obtain at least $100 OOO working capital and to acquire the properties of the following:
E. E. Dickinson & Co., 8. W. Gould & Bros., Mystic Distilling Co.,
Johnson & Co., W. A. Strickland, Lenlfeot Co., Hughes Distilling Co.,
Colonial Chemical Co., Fred S. Seymour, Pratt Chemical Co., Gledhlll
& Co., Sheehan & Co.
The net profits of these concerns, according to the report of
Barrow, Wade, Guthrie
Co., amounted in 1900 to $75,799,
but these profits by reason of competition are much below
what it is believed can be realized the profits for the first
vear under consolidation it is estimated can be increased to
$•382,000.
E. E. Dickinson, of the firm of E, E. Dickinson
Co., has consented to accept the position of President.
—
&
&
;
&
New York & New Jersey Telephone Co.— Right to Sub8cribe.—The shareholders have the right until April 15 to
subscribe for $1,875,000 of new stock at par on the basis of
one share of new stock for each four shares held, payment
to be made 50 per cent April 15, 25 per cent Aug. 1 and 25
per cent Nov. 1 or the entire amount may be paid April 15
at $101 per share.—V. 72, p. 483, 441.
Nortti Shore Gas Co. of Chic&go.—Mortgage.—The company has made a mortgage to the Illinois Trust & Savings
Bank as trustee to secure $700,000 of 5 per cent bonds.
;
Norwalk (0.)Ga8 & Electric Light Co.— Bonds Offered.—
The Lamprecht Bros. Co. of Cleveland is offering at 104 and
interest a block of 6 per cent first mortgage gold bonds
due April 1. 1920, but redeemable at 105 and interest Oct. 1,
1905, and at par and interest on April 1, 1910.
Nova Scotia Steel Co.— Earnivgs.— The profits for the
late fiscal year are reported as amounting to $665,273; dividends 4 per cent on preferred and 10 per cent on common
stock. The office is at Trenton, N. S.
Pennsylvania Plate Glass Co.— Bonds Invalid.— William.
Erie Telegraph & Telephone Co.— Diiridends.— The " Bos- R. Blair, Special Master in the case of the Farmers' Loan &
ton News Bureau " says: " It can be definitely stated that the Trust Co. against the company, filed his report in the United
directors will defer action on the next dividend pendiDg a States Circuit Court at Pittsburg on March 8. The Master
complete investigation of the books by the New England fiads that the property transferred to the Trust Company for
Audit Co. This examination is now in progress, but as the $850,000 was not worth over $300,000, and says:
accounts of all the sub-companies have to be examined, it
Upon the facts found in regard to the Issue of bonds the Master Is of
will
consume considerable time.
Some
of the old
memoers
have been in favor of paying a quarterly dividend of 1 per
cent, on the ground that under the most adverse circumstances the company can easily pay such an amount. It is
understood, however, that they bave acquiesced in the will
of the majority."— V. 72, p. 285, 244.
General Electric Ct». Contract. A contract recently
made with the Hudson River Water Power Co. (which see
below) will, it is stated, reduce nearly one-half the cost of
power to the General Electric Co. An exchange says
By the terms of the contract the company olnds Itself to pay $50
—
:
-
000 per year for 2,500 horse power and has the right to take any part
of 2.500 horse- power more at the rate of $25 per horse power per annum. As the General Electric Co. Is now using over 5,000 horsepower, it is probable that it will take the full amount of 5.000 horsepower from the Power Couipanv, and t hereby effect an annual saving
of
something over $100,OCO.—V. 71, p. 1222.
Hudson River (Bell) Telephone Co.— Increase of Stock
Authorized.— The shareholders on March 7 approved the proposed increase of stock from $3,000,000 to $4,O0O.CO0.
iZepo/i.-The report for 1900 shows: Gross receipts, $519,679, as compared with $437,461 in 1899. The expenses were
$351,880, as against $382,890,
$144,571.-V. 72, p. 311, 186.
Hudson
River
and the net
$167,799, as against
Water Power Co.— Contracts.— Bonds
Offered.— The company has lately closed advantageous con-
opinion that the said bonds were Issued without lawful power and are
Illegal andvold, except in thehandsof bona fide holders for value without notice of the faots which rendered them Illegal and invalid. The
Master also flDds that the original organization of Pennsylvania Plate
Glass Oo.lwas unlawful for the reason that 10 per cent of the [$1,000,009] capital stock was not paid In cash.
Pennsylvania Steel Co.— Plan Opera^ti'e.— Nearly 90 per
cent of the shares having assented, the plan has been declared ooerative. See report on previous page and V. 72, p.
43, 91; V. 73, p. 535,483.
People's Matnal Telephone Co. of San Francisco.
Bo .d.s Offered.— C. H. White
Co. offered at 95 and interest
by advertisement in last week's Chroxicle a limited amount
of the company's $500,000 first mortgage 6 per cent $1,000
sinking fund gold bonds due July 193S, interest payable
January and July, in New York City. Preient number of
sabscnbers for telephones, 6,800.
Pleasant Valley Coal Co.— Listed —The New York Stock
Exchange has listed $158,000 additional 5 per cent first mortgage bonds of 1928 making the total amount listed to date
$1,337,000.
The proceeds of the additional bonds have been
and will be used for additions. The results for 1900 were:
—
&
Gross earnings. $1,223,383; net earnlnirs. $:07,960; rents, etc.,
$32,926; total net income, $240,S86; fixed charges (Interest and sinking fund), $33,072.
See Utah Fuel Co. below. -V. 70, p. 743.
—
—
:
THE CHRONICLE.
684
[Vol. LXXII.
Sonthern ImproTement Co.— Exchange} of Bonds.— See panies had accepted the offer of March
Hot Springs Co. below.
into the securities of the United States
Percen tage.
Springfield (Mass.) Gas Light Co.— New Directors.— The
Virginia
.
following directors have been elected to represent the
new
controlling interest:
F. DeV. Thompson, Charles H. Tenney of Hartford, Ct.; Frederick
P. Royoe of Modford. H. M. Whipple of Orange, N. J.; Albert B. Tenney of Everett and Horace P. Wood of Boston.
E. S. Brewer, David Allen Reed and C. L. Goodhue of
Springfield were re-elected directors. C. H. Tenney has been
chosen President.— V.
.
,
Percentage.
Pref. Sik.
Pref.Stk. Oo7n.Slk.
Oom.
>
Sik.
Federal Steel Co
National Steel Co
National Tube Co
94
99
97
96 Am. Tin Plate Co
98
97
98 Am. Steel Hoop Co... 97
98
93 Am. Sheet Steel Co... 97
94
Am. Steel <& Wire Co. 97
92
The time for making deposits has been extended under the
conditions of circular of March 2, 1901, until and including
April 1, 1901, after which date no deposits of stock will be
received except at the discretion of J. P. Morgan
Co., and
on such terms as they may prescribe. The common stock of
any company offered for deposit after the date of closing the
transfer books of such company for the payment of dividend
upon the common stock must be accompanied by an order
for such dividend.
Lake Superior Consolidated Iron Mines Co.— Arrangements have been made for the acquisition of a controlling
interest in the $28,722,000 capital stock of the Lake Superior
Consolidated Iron Mines Co., a company controlled by Standard Oil capitalists and owning many important iron properties on the Missabe Range, Minnesota; also the Duluth Missabe
No. Ry. This purchase, which includes the Rockefeller interests, will lead it is supposed to an increaselin
the authorized capitalization of the United States Corporation, but to what extent has not been determined.
The
Rockefellers owned on the Great Lakes about 60 vessels,
many of them large and modern— V. 72, p. 535, 483.
&
72, p. 395.
(John P.) Squire-Corporation.— Oncers.— The following
cfificirra and directors are announced:
C. Mlnot Weld, of Boston, President; W. H. Chaplin, Secretary and
Treasurer.
Directors.— J. G. Masso, of Providence, R. I.; W. H. Hill, C. S. Tuckerman, H. G. Curtis, H. L. Burrage. W. A. Ballard, and C. M. Weld,
of Boston; Chas. Hathaway of New York; L. McLaren of Newark, N. J.
— V.72, p.
2 to convert the same
Steel Corporation
395,287.
Tennessee Coal, Iron & ILR.—Directors.-The following
directors were elected at the recent annual meeting:
James T. Woodward, James H. Smith, Cord Meyer, E. H. Chapman,
D. H. Bacon, G. McCoy, Edward Graves, William Barbour, A. B.
Boarduian, F. H. Benedict, H. S. Manning, O. H. Payne, Benj. F
Tracy, F. 8. Witherbee, D. J. McComb, N. Baxter Jr. and W. Perry.
D. J. McComb, James Bowron, Col. A. M. Shook and W. SGuernee were succeeded by Edward Graves, D. H. Bacon,
G. McCoy and W. Perry.
C. L. Beecher, Treasurer of the Minnesota Iron Co. (controlled by the Federal Steel Co.), it is stated will be Secretary and Treasurer, with office in New York City.
See Alabama Steel
Shipbuilding Co. above.— V. 72, p.
483, 444.
&
&
—
Utah Fuel Co. Mcr'tgage. This company and the Pleasant Valley Coal Co. have made a mortgage to the Morton
Trust Co. of New York, as trustee, on 7,564 acres of coal
land in Carbon and adjoining counties in Utah, to secure
$2,000,000 bonds.— See V. 71, p. 920.
Toledo (0.) Gas Light & Coke Co.— Proposition to Lease
Municipal Flant.— The company on March 4 made a propo
Virginia Hot Springs Co.— Bonds. The shareholders will
eition to lease the city's natural gas plant for twenty years.
meet in the Pace building, Richmond, Va., on April 22, to
Twin City Telephone Co. Successor Company. This consider the substitution of a new first mortgage of the Vircompany has been organized to operate in Minneapolis and ginia Hot Springs Co., securing an issue of $1,000,000 5 per
St. Paul as successor of the Mississippi Valley Telephone Co.
cent engraved bords in lieu of the existing mortgage lithoThe officers include:
graphed bonds for a like amount issued by the Southern
President, E. H. Moulton of Minneapolis; Vice-President, Joseph Improvement Co. and bearing date Jan. 22, 1891.
C. E.
Lockey, St. Paul; Secretary and Treasurer, W. M. Kerkhoflf, St. Paul,
Wellford is Secretary.
Directors (with the above officers): L. A. Trowbridge of Chicago, J. C.
Hubinger of Keokuk and E.|E. Webster and C. H. Judson of MinneapWheeling Lake Erie & Pittsburg Coal Co.— Sale April
olis.— V. 72, p. 244.
—
—
Union Typewriter Co.— -Dividend.—In addition
to the
semi-annual dividends of 3i^ per cent on the first preferred
and 4 per cent on the second preferred stock, the company
has declared an extra 8 per cent dividend on the second preferred stock, thus completing the payment of the overdue
dividends on the preferred shares. The dividends just declared are payable April 1 to stockholders of record March 21.
There is $10,000,000 of common, $4,000,OCO of first preferred
and $4,015,000 of second preferred stock outstanding.— V. 71,
p. 609.
United Electric Secnrlties Co.— iJepor^.— The results for
the year ended Jan. 31, 1901, were:
Bond interest received, $218, C09; interest on notes, bank deposits,
etc., $13,924; dividends received, $12,571; profits from sale of stocks
and bonds, $100,110; total, $344,616; collateral trust bond interest
and expenses; $167,869; net profit; $176,747; surplus carried over,
$221,676; total, $398,422; dividends, $122,500; balance, $275,922; increase In book value of assets, $1,740; surplus Feb. l, $277,663.— V.
72, p. 195.
United Shoe Machinery Co.— New
«Sfocfc.— Stockholders
of record March 23 are offered the right until 2 p. m. April
24 to subscribe for 73,174 shares of treasury common stock
at par ($25) on a basis of one new share for every ten shares
of stock held. The proceeds will provide for the erection of
a new plant to cost about $800,C00, etc.
President Winslow in a circular says:
The total authorized capital stock is $25,000,000, of wliloh$18,293,500 has been issued. From Its surplus net earnings, after payment of
6 per cent per annum on the preferred and 8 per cent per annum on
the common shares, the company has invested $1,283,388 as follows:
Purchase of property In the United States
$420,255
Purchases for and advances to foreign sub-companies
613,792
Additions to manufacturing plant and new machinery
249,341
The company has contracted no indebtedness except for current
bills. Its present liabilities are: Debentures of
International Goodyear Shoe Machinery Co. assumed
$250,000
Mortgage, assumed
60,000
Current accounts paj able
198,262
Since the company's organization in March 1899, there has
been issued $737,700 preferred and $305,800 common stock for
additions.
Annual Statement.— PreaidentWinslovr at the recent annual meeting said:
During the past year the company has perfected the organization of
its foreign business on the royalty basis, and has established companies in England, France, Germany, Switzerland and Canada. The
total capitalization In the above-named countries is $<i,313,500 In
common shares, $750,00u in preferred shares and $203,850 in bonds,
of which yoar company owns $2,066,000 in common shares, $500,000
in preferred shares and $184,t00 in bonds; making a total issue in
stock and bonds of $3,267,350, of which your company owns
$2,750,600.
In addition to this, the company has established
branches in Australia and Mexico. The results are very gratifying,
the manufacturers in Europe appreciating the benefits to be derived
from the royalty system.
The business in the United States for the past year has been very
satisfactory-fuUy up to the previous year. The total number of
machines out under lease In the United States March 1, 1901, was
25,60S; Increase for the year 1,462. V. 71, p. 393.
United States Steel Corporation.— Larr/e Deposits— Time
Extended. J, P. Morgan
Co. on Wednesday announced
that the holders of the following percentages of the outstanding preferred and common stocks of the constituent com-
—
&
—
The foreclosure sale is advertised for April 25 at Dillonvale, O. The upset price is $350,000.
The reorganization plan
cited in V. 70, p. 799 will now be carried out.— V. 71, p. 1124.
25,
—
&
Messrs. E. H. Gay
Co., Boston, New York, Phila
delphia and Montreal, offer for sale at 101 and interest, $279,
000 Hudson River Water Power Co. 5 per cent 15 to 30-year
This mortgage covers the Sarafirst mortgage gold bonds.
Power Co., the Ballston (N. Y.) Light
toga Gas Light
Power Co. and water power upon the Hudson River capable
The
of an ultimate development of 20,000 horse-power.
interest is provided by payments under contracts with the
General Electric Co, and the Glens Falls Portland Cement
Co. deposited by trustees, by cash surplus in treasury of the
Saratoga corporation and by the present actual net earnings
of the Saratoga and Ballston companies of rising $43,000 per
annum. The aggregate net earnings are estimated at over
$300,000, or four times the interest charge; see advertisement
&
&
jU another column.
&
—Messrs. Joseph Walker
Sons invite attention to a list
of guaranteed stocks exempt from taxation which they advertise in another column. They will mail upon application
a book on guaranteed stocks which they have compiled,
giving details of interest to investors. It describes the principal guaranteed stocks of American railroads and also the
guaranties of the Western Union Telegraph Co. The exemption from taxation of such stocks in New York State is given
with references. The list includes capitalization, nature of
lease, mileage, dates, places of payment, transfer offices, etc.
Leases in Pennsylvania are stated as less the State tax,
giving the specific aiaounts. In all other leases taxation is
provided for by the lessor, without affecting the dividend
rates.
—Messrs. Redmond. Kerr & Co., together with the Fidelity
Trust Company of Newark, offer for sale $l,400,0i0 5 per
cent fifty-year gold bonds of the Elizabeth Plainfield & CenThe bonds are issued for less than
tral Jersey Railway Co.
70 per cent of the actual cost of the properties consolidated,
and cover 59 miles of street railway, serving the following
New
Jersey: Elizabeth, Westfield, Fanwood, North
Roselle, Clark, Plainfield, Sewaren, Cranford,
Rahway and Woodbridge. The company forms one of the
three largest railway systems which control and operate
practically all of the trolley roads in Northern and Ctntral
New Jersey. The bonds are offered at lOSJ^ and interest,
subject to sale or advance in price, without notice.
in
Plainfield,
cities
—
N. W. Harris & Co. are offering §3,000,000 Commonwealth of Massachusetts gold three per cent Metropolitan
water loan bonds. This is a new loan, bonds being dated
January 1901 and running until January 1941. Price on application.
—
Messrs. Graham, Kerr & Co., Philadelphia, invite the attention of investors to a list of bonds they advertise in this
issue.
.
.
Mabch
(E^omxnzxdixl
Fbiday Night, March
22, 1901.
A satisfactory coniition of business
has been experienced
merchandise. Manufacturers as a rule have
been well engaged with orders, and jobbers and retailers
have had a fair trade. An fxception has been in the drygoods trade, particularly in cotton goods, which have been ad-
most
lines of
versely influenced by declining prices for
raw
cotton,
and also
claimed by some, was an over-production ^last
In the wholesale grocery trade there has been a dull
by what,
year.
it is
and declining market
for coffee,
585
COTTON.
%xmzs.
COMMERCIAL EPITOME.
in
.
THE CHRONICLE.
33, 1901.]
^Ixje
—
due to excessive supplies.
Refined sugar has been in much better demand in^'anticipation of higher prices. The market for provisions has attracted considerable attention, the feature baing a squeeze Jin
pork for May delivery. A factor in the speculative markets
has been the reports of the disturbed political situation in
the Far East, which, however, at the close of thg week was
reported amicably settled.
Lard on the spot has been in small supply and on a moderate demand prices have advanced. The close was firm at
prime Western and 7*75@7'803. for prime City.
Refined lard has had only a moderate sale but prices have
advanced and the close was firm at 8-50c. for refined for the
Continent. Speculation in lard for f ature delivery has been
quiet but prices have advanced on light offerings and small
Friday Night, March 22. 1901.
the
Chop,
as indicated by our telegrams
The Movement op
from the South to-night, Is given below, For the week ending
this evening the total receipts have reached 134,124 bales,
against 125,278 bales last week and 140,873 bales the previous
week, making the total receipts since the Ist of Sept., 1900,
6,288,282 bales, against 5,875,636 bales for the same period of
1899-00, showing an increase since Sep.l 1900, of 412,646 bales.
,
at—
Jteeeiptt
Mon.
Bat.
Wed.
Tuei.
ThurM.
aalveston
5,216
5,600 10,487
4,659
5,247
Bab. Pasa, Ao.
New Orleans...
5,743
7,204
125
9,468
8,286
166
33
8,031
11
—
Mobile
PoDBaoola, &o.
Savannah
10
Pri.
Toial.
4,979
5,687
4,827
81
4,784
3.351
3,10b
36,188
5,687
43,559
2,347
3,618
2,831
4,224
4,251
BrnaBw'k,&o.
Oharleston
Pt. Royal,&o.
338
274
286
66
524
WUmlnKton
342
98
783
708
328
305
20
72
Wa8h'ton,Ao.
Norfolk
N'p't NewB, *o.
942
1,679
3,243
822
1,569
1,189
New York
Boston. .... ....
Baltimore
150
407
154
867
252
255
55
240
100
etUladel'a, <ko..
400
20
2,421
9,444
103
363
399
890
1,036
426
4.784
20,622
3.103
1,853
103
1,718
3,165
210
397
97
187
397
629
8*25c. for
receipts of hogs.
The
close
was
firm.
DAILT 0U)8Q(0 PBIOES OF LAUD VXTtURSB.
Sal.
Mon. Tuet.
Wed. Thurt.
Fri.
810
810
8-20
8-20
812
8-22
Pork has been firm and higher, inflaenoed by a squeeze in
the speculative market in the West. The close was quiet at
$15 50@16 00 for mess, $15 50@17 00 for family and |1.5 00@
17 00 for short clear. Cat meats have been in moderate demand and firmer at 6^c. for pickled shoulders, 93^@10c. for
pickled hams and 8@9}^c, for pickled bellies, 14@10 lb. average.
Beef has had a fair sale at steady prices, closing at
$8 00@S50 for mass,
$9 50@10 50 for packet,
$10 50@11 50 for family and $13 00@16 for extra lodia
mess in tcs. Tallow has beea quiet but steady at 4^c.
liaroh.
Stearines have been firmer, closin? at 8 ^g'asi^c. for lard
etearine and 73^c. for oleo stearine. Cotton seed oil has been
in fair demand and steady, closing at 33^0. for prime yellow;
butter has been in fair demand and steady at 16@22c. for
creamery. Cheese has been in fairly active demand and
steady at 93^@12>^c. for State factory, full cream. Fresh
eggs have declmed under large receipts, closing at 13c. for
choice Western.
Brazil grades of coffee have sold slowly; ;in fact, absence
of business and a contioued large crop movement have been
the features of the market. Prices have continued to sag.
The close was dull at 7i^c. for Rio No. 7. West India
growths have been dull, and under increasing offerings prices
have been easier, closing at Sf^a. for good Cucuta. East
India growths have been quiet and unchanged. Speculation
in the market for contracts has b^en quiet, and under moderate selling, prompted by the large present and prospective
supplies, prices have declined. The close was quiet.
The
following are the closing asked prices:
Maroh
5'50o.
J»ily
5o5o. ISept
5-650. Oct
May
I
Aug
5'70c.
5*7do.
5-800.
Nov
Deo
.
sale, closing at
|13@18
The following shows the week's total receipts, the total since
and the stook to-night, compared with last year.
1899-1900.
1900-1901.
Reteipta to
March 22.
Since Sep.
1, 1900.
Thi$
week.
36,188 1,730,347
Sab.F..&o.
46,706
5,687
!f ew Orleans
43.559 2,082,066
426 100,215
MobUe
t"sacola,&c.
4,784 140,846
Savannab... 20,622 928,078
99,410
Br'wlok.Ao.
3.108
209,562
1,853
Jtaarleston..
stalyeaton...
P.Royal.tbo.
SVllmlngton.
Wanh'n, Ao.
Worfolk
N'portN.,<bo
:^ew York...
Boston......
Baatlmore .
Phlladel.Ao.
Totale
20
930
2,421
240,112
9,444
522
340,672
TMt
voeek.
Stock.
Since Sep.
1, 1899.
10,601 1,616,360
125
65,976
29,478 1,633,8J4
3,956
178,05t
5,762
133,390
16,399 998,641
13,849 114,517
3,808
244,833
1,214
2,157
258,025
1901.
148,916
•
1900
89,823
•.
323,202
17,629
361,100
17,896
•-
109,199
8,412
10,320
108,335
1,123
28,227
...
5,098
799
• •
4,240
.
356,251
26,341
50,139
77,870
78,225
41,105
154,782
64,000
11,902
4,854
37,665
2,147
140,631
38,000
6,430
11,293
134.124 6,288.282 104,023 5,875,636
887,884
816,910
103
5,490
97
31,690
106,513
177,551
54,815
18,247
1,718
3,165
397
629
4,468
4,409
2,693
726
29,572
<«....
In order that comparison may be made with other yean,
give below the totals at leading ports for six seasons.
<ve
Receipts
at—
ialveB'n,(feo.
New Orleans
41,875
43,559
MobUe
426
Savannah...
Ohas'ton, Ao.
(Vllm'ton.Ao
Xorfolk
N.
1900.
1901.
20,622
1,873
2,421
9,444
1899.
9,866
1,495
11,879
101,706
61,032
76,237
2,411
580
News, Ao.
103
others...
13,801
97
31,912
wk. 134,124
104.023
108.622
11,568
25,940
1,532
8,330
7,735
1,148
6,590
11,199
17,350
3,588
5,911
1,933
9,262
5,683
1,648
19,375
1896.
17,083
34,452
5,758
13,073
4,620
2,276
3,994
1,996
18,455
24,874
42,856
10.726
29,478
3,956
16.399
3.808
2.157
6,490
1897.
1898.
9294
611
3,040
173
5-80o.
5-9.'io.
:
good
week 16,610 19,859 27.871 20,324 20,887 29,673 134,124
Sept.l, 1900,
A.11
Jan
6-OOo.
Raw sugars have been steadier on less pressure to sell and
prices have advanced to 4 l-32c. for centrifugali 96 deg. test
and 3 17-32c, for muscovado 89 deg, test. Refined sugar has
been in active demand and firm, closing at 5 25c. for granulated.
Teas sold at irregular prices at auction.
* Kentucky tobacco has had only a small sale, but prices
have held steady. Seed leaf tobacco has been quiet but
steady. Sales for the week were 1,200 cases, as follows
325
cases 1899 crop, Zim-ners, 15@163.; 300 cases 1899 crop. Wisconsin Havana. 10i^@13c.; 20 J cases 1899 crop, Dutch, private terms; 300 ca^ea 1899 crop, Pennsylvania seed leaf, 12^
@13c., and 75 cases 190) crop. New England Havana seed,
forced sweat, 25@70c.; also 600 bales Havana at 37@90c. in
bond and 125 bilea Sumatra at 65c.@$l 60 in bond.
Business in the market for Straits tin has been quiet but the
close was steadier on firmer foreign advices at 2o-60@25 75c.
Ingot copper has been quiet and without change at 17c. for
Lake. The demand for lead has been slow, but the price
has not changed from 4 37i^c. Spelter has been easier, closing at 3 •85@3-90c. Pig iron has continued to meet with a
I
Tot. this
50.
Refined petroleum has been unchanged and steady at 8 0oc.
in bbls., 9-lOc. in cases and 5-50,j in bulk. Naphtha has been
steady at 9 •55c. Credit balances have advanced to $1 30.
Spirits turpentine has sold slowly and prices have weakened
to37@37i.|c. Rosins have been dull at |1 55 for common
and good strained. Wool has been in better demand and
steadier. Hops have been quiet and unchanged.
cot. this
ilnoe Sept. 1 6288.292 5875.636 7550.561 7916,898 6256,877 4762,712
The exports lor the week ending this evening reach a total
of 101,690 bales, of which 33,545 were to Great Britain, 13,378
Below
to France and 54,767 to the rest of the Continent.
are the exports for the six days and since Sept. 1, 1900.
Wuk BnAint March 22.
&r«at
France
Brit'n.
ialveiton
Sab. Pasa.
1901
From
Sett.
Mavontd to—
BxvorU
from—
6,651
6,241
fto..
Saw Orleana..
1,
1000, to ilch. 22. 1901.
Bxporied fo-
Sr$at
Conti- lotal
France
nent. We4k. Britain.
1.675
13.687
4,812
4.612
9.79S
7,137
27,849
44.784
4,849
«
.••••
435
4.784
18. "ia?
18.687
709.462 260.961
6.195
638.115 262,687
89.678
63.839 18.845
162,035 83.899
Oonti.
ntnt.
409.199 1.389.fll9
87.328
38 523
538.630 l,48i."?38
....
42,24-*
19,6«0
44.977
413.439
17.777
Jtaarieaton....
69.673
70.856
90.974
138.461
2.039
6^244
kloblle
Penaaoola
SaraaDab
Sronawlok
i^ort
3ot«i.
68.268
110.591
669.373
60.025
140.688
Roral....
Wilmington...
Serf oik
S'port N..
Ac-
New York
Soaton
iialtlmora
Philadelpbia..
Ian rran.. *e..
Total
Total. 1K9IMX)
6.080
8.871
96
1.489
6.668
8.371
867
8.S03
963
0,303
17.080
166.189
375.577
59.346
4.460
17.367
\9S,0U
1.75S
8.049
85.884
3U1
3,840
87.848
883.485
7,333
81,4-0
311.670
877.330
94.629
3,860
si.'-w
33.645
13.37S
54.767 101.690 8,360.932 637,449 1^87.«53 4.81S.6S4
60 .8;^ 5
26.6!48
80.737 167.100 1.794,585 010.480 8.166.203 4.670.163
.
.
.
THE CHRONICLE.
586
In addition to above exports, our telegrams to-night also
give UD the following amounts of ootton on shipboard, not
cleared, at the ports named.
add similar figures for
Hew York, whioh are prepared for our special use by Messrf
Lamberts Barrows. Produoe Exchange Building,
[Vol. LXXII.
FuTUBES.— Highest, lowest and closing prices at New York.
We
•5
W»
Se«»PS£P7SB'
:»»
B»WB»
»B » 5 B » 2
»5
CS
'^
• •?£ *
"^
00
B p
3D
BQ
•
ON BHIPBOA.RD, NOT OLBARRD FOB—
Meh. 22 at—
New
Leaving
Oreat
GerOther OoattBritain Fr'nee many. For'gn viise.
Orleans.
Galveston
Savannah
11,559 P,976
16.558 14,098
8,400
6,346 14,521
9,714 9,106
3.600 1,000
Charleston...
Btotk.
Total.
281,255
96,137
96,199
9,320
41,947
53,779
13,000
1,000
2.545
4,303
1,000
MobUe
I-,
d
I
d
l'»,629
Norfolk
Total 1901..
Totall900..
Total 1899.
14",000
15. POO
13".6o6
i'.bdo
New York...
Other ports
13,000
5,000
1.100
1.000
i'soo
3,000
55,517 21,074 24,160 26,727 20,848 148,326
42,688 29,044
82.835 1,304
3,894 191,235
22,804 109.849
115.609
2,905
.«>
739,558
middling uplands.
The rates on and off middling, as established Nov. 31, 1900,
by the Revision Committee, at whioh grades other than
middling may be delivered on contract, are as follows.
Fair
on strict GK>od Mid. Tinged. c. Sjg on
% on Good Middling Tinged
Even
i« ofl
»«on Middling Tinged
s^gon Strict Low Middling Tinged Ss oft
o. l^e
«llddllng Fair
itrlot Good Middling
OoodMlddllng
Low Middling
Low Middling
Btrict
Sieofl
'leoff
Good Ordinary
Qood Ordinary
\ off
Strict
Middling Stained
is oil
Low Mid. Stained.. .
oft
Low MlddUng Stained
l^sofl
m
Strict
l^ieoS
On this basis the ofSoial prices for a few of
the past week— March 16 to March 22—would
UPLANDS.
Sat.
Qood Ordinary
7nu
Low Middling
JHou Tues ured Tk. Frl.
79, fi
85,6
8\
Middling
CK>od Mrddling
BflddllngFalr
9»a
GULF.
Sat.
Gtood Ordinary.
Low Middling..
Bllddllng
eood Middling.,
aPddllng Fair..
8«8
816ig
£38
~7lTi,
STAINED.
89ie
9
8^8
9\
9II8
Sat.
Low
Middling
Middling
Btrict Low Middling Tinged..
Ctood Middling Tinged
the grades fcr
be as follows.
7ifl
738
8I9
8ai«
8
8!l6
7 '8
85,6
95,8
93 6
888
9I1.
Tuea
Wed
758
7i«
838
8H
8^
99ifl
Mon Tnes
714
8I4
8S8
83»
7ifl
8l8
8I4
8»8
93
«
7^
8H
8iiie
8H16
9
9
97,0
95,8
97,8
XVea
Til.
Frl.
616„
613i,
715,6
8iif
83.f
89,8
She
Th. Frl.
7%
8l3if
8
elm
716,6
85,8
87,6
6I&16
7l5i6
8ii«
8^16
The quotations for middling upland at New York on
Mch. 32 for each of the past 82 years have been as follows,
1901. ...c. 87,8
1886 ....0.115,8 1877
0.111*
1900
9^8
1892
13ie
1876
613x8 1884
1899
1891
9
1883
10*8
lUSg
1876
65ie
16J«
lli«
1898
1890
6^
1882
1874
123ig
19i«
738
1897
1018
1889
1881
1013,8 1873
1896
.10
7i5ie 1888
1880
133,,
1872
22»fl
10i«
10i«
1895
1887
1879
15ie
1871
65ie
1894
914
1886
22^8
1878
lO'a
79i6
1870
MARKET AND SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns whioh show
at a glance how the market for spots and futures closed on
same days.
1893.
0.
Spot Mabkbt
OLO8BD.
.
Monday
Quiet
Quiet at
^ dec.
Tuesday... yaietat iiedec
Wednesday Quiet at !« dec.
Thoraiay Qolet at i« dec.
Friday
Firm at igadv..
.
TotaL....
9
im
FUTUEES
Mabeet
Olosed.
Sales of Spot
Ex-
Oon-
port.
sump.
Very steady.
100
Steady
Steady
Quiet Ast'dy
steady
Steady
"15
100
304
35
500
500
& Oomtkaoi.
Con.
<£
spec. Total.
800
100
800
8,900
3.000
9.416
3,100
304
35
554 12,700 13,754
I
en
IS
00
ca o
@
I
CO
cf.CTi
ccto
d»
o
»-
w
I
9
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made
up
aa
The Visible bUPPLY of Cotton to-night,
I
5
>2
(^
<i<i
cc
'
Ma MM
19
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.vi«)
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9
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19 19 19 19 99
00 0-9 00 o«a 00
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00 00 00 00 00 CD
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WW
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tOtO
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9
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19
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ats «o
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t; li
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'
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to en
10
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19
0000
cits
OSQO
03^
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ccto
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655.675
715.473
contracts, was liquidated, and under tbis selling prices declined rather sharply. During the week the news relative
to the political situation in the Far East was of a character
to unfavorably influence the market. Reports relative to
the condition of the cotton goods trade advise no improvement. Preparations for the new crop, according to the advices from the South, are well under way, and a large acreage, it is generally expected, will be planted. To-day there
was a fairly active and higher market. Liverpool advices
were firmer, news from the Far East was more favorable, shorts bought to cover contracts, and the selling pressure from tired holders had subsided. The close was steady
at a net gain for the day of 11@20 points. Cotton on the
spot has declined, but the close was steadier at 8 7- 16c. for
d
I
o
15,572
139,182
85,264
9.000
Speculation in cotton for future delivery has continued on
a fairly extensive scale, but for the week the tendency of
prices has been again downward. The pressure to eell by
Southern holders of cotton has continued, and has been reflected, particularly by Liverpool, which has been comparatively the highest market, but finally has broken sharply
under the free offerings of cotton. The weakness of the foreign advices, coupled with the continued full interior movement of the crop, especially in the Southwest, has had a depressing influence locally, and prompted general selling. On
Thursday a fairly large long interest, principally in July
Saturday
9tt^
I
I
'
'
lay
cable and telegraph, is as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening.
But to make the total the complete figures for to-night
(Mch. 22), we add the item of exports from the United States,
Including in it the exports of Friday only,
1899.
1898.
1900.
1901.
Stock at Liyerpool
bales. 746,000 657,000 1,756,000 1,216,000
4,000
3,000
11,000
3,000
Stock at London
Total Great Britain Btook. 757,000 660,000 1,760,000 1,219,000
20,000
9,000
Stock at Hamburg
16,000
17.000
Stock at Bremen
242,000 261,000 406,000 311,000
3,000
1,000
3,000
Stock at Amsterdam
300
200
400
Stock at Rotterdam
200
7,000
11,000
Stock at Antwerp
5,000
3,000
Stock At Havre
153,000 237,000 285,000 292,000
Stock at MaraeUIes
3,000
5,000
4,000
4.000
77,000
Stock at Barcelona
62.000
78,000
75,000
34.000
48,000
72,000
Stock at Genoa
43,000
5,000
1,000
14,000
3,000
Stock at Trieste
740,400
Total Continental atocks.. 520,200 649,300 891,200
Tetal European stocks. ...1,277,200 1,309,300 2,651,200 1,9^9.400
76,000
29.000
79,000
India cotton anoat for Europe 128,000
Amer. ootton afloat for E'rope. 410.000 454.000 277,000 671,000
25,000
35.000
29,000
32,000
Egypt, Brazll,&c.,aflt.f or E'pe
Stockln Alexandria, Egypt... 178,000 188,000 259.000 251,000
33=>,000
609.000
338,000
f 38,000
Stock In Bombay, India
Stock In United States itorts.. 887,884 843,910 825,321 1,016,517
360.257
421,195
Interior
466,231
in
S.
towns..
618,611
Stock
U.
43 649
14,668
29,422
6.013
United States exports to-day..
4,075,608 3,604,116 6.200,420 4,888,534
Total visible supply
Of tlie above,total8 of American and other descriptions are as f ollowa
'
American—
557,000 1,631.000 1,077,000
627.000 833,000 709,000
454,000 277,000 571,000
American afloat for Europe...
846,910 825,321 1,016,517
United States stock
360.257 456,231 424,195
United States interior stocks.
43,649
14,663
29.422
6.013
United States exports to-day..
Total American
3,029,408 2,888,816 4,037,220 3.827,134
Salt Indian, Bratil, tie.—
104,000 100,000 125,000 139,000
Liverpool stock
ll.OOO
3,000
3,000
4,000
Londonstock
31.400
55,200
22,300
58,200
Continental stocks
76,000
128.000
29.000
79,000
India afloat for Europe
2B,000
32,000
35,000
29.000
Egypt, Brazil, Ac, afloat
251,000
2.^9,000
188,000
8tookln Alexandria, Egypt... 178,000
538,000 338,000 609.000 335.000
Stock in Bombay, India
Total East India, &0
1,046,200 715.300 1,163,200 861.400
Total American..
....3,029.408 2.888.816 4.037,220 3.827,134
Total visible supply
4,075.603 3,604,116 5,200.420 4,688,534
Siisad.
Middling Upland, Liverpool..
4%d.
5»5sod.
S^iad.
6ii,e.
Middling Upland, New York..
9790.
esjeo.
87i«o.
4i«d.
Good
Brown,
Liverpool
eiBjed.
SOsd.
Skd.
Egypt
678d.
7ifld.
678d.
Peruv. Rough Gtood, Liverpool
7Hd.
6B8d.
338d
31738d.
4\d
Broach Fine, Liverpool
bales.
642,000
465.000
410,000
887,834
618,511
Tlnnevelly Gtood, Liverpool...
47j8d.
Liverpool stock
Continental stocks.,
6S8d.
3Ei6d.
37ud
Continental imports past week have been 108,000 bales.
The above figures indicate an increase in 1901 of 471,492
bales as compared with same date of 1900, a loss of 1,124,812
bales from 1899 and a decline of 613,938 bales from 1898.
—
.
March
THE CHRONICLE.
23. 1901.]
At the Intbeiob Towns the movement— that le the receipts
the week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
oorresponding period of 1899-1900— is set ont in detail below.
'for
Quotations fob Middling Cotton at Otheb Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
OLOHIMQ QUOTATIONS FOB HIDOLIRQ OOTTOM OM —
Week ending
March
ii _ a
ID
'•
a
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to ex ex lb to <! C to to to M to CO CO to Ml-' ex O to
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05M
to
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omocok^o' ^•5MOOcxM<^^sol^•M<^coooo>aDMccos«^eo
(.^S.
I
OvKBLAND Movement fob the Week and Since Sept. 1.—
We give below a statement showing the overland movement
tor the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Mch. 23 and since Sept. 1 in the last two years are as follows.
1900-1901.
llareh, 22.
Week.
Via St. LoalB.....^ ..
Via Cairo
Via Paducah
Via Rock Irland
VlaLonlBvlhe..^ ...
Via Olnolnnatl
Via other roates, Ao.
Since
Sept. 1.
Since
Wuk.
Sept. 1.
10,869 t743,526 13,659
8,230 193,047
3,139
18
178
5,057
850
1,051
63,099
3,429 115,792
3,362
1,818
82,637
2,347
9,207 247,926 11,214
,
8,237
357,126 13,301
76
93,958
46,022
1,860
217,339
71,120
79,424
9,389
497,106 13,937
397,883
5,909
Between Interior towns........
243
laland, &o., from Soatk. .......
Totalto be dednoted..
Iieavlng total net overland*..
by
Inoludln^c
St.
movement by rail
to
746,102
207,132
10,303
12,604
198,253
123,379
266,457
29,619 1,440,984 84,149 1,663,230
.....
Deduct tMpmenU—
Overland to BT. Y., Boston, &o.
•
20,230 t943.878 20.2121.165,347
Canada. 1 10,841 bales deducted
Louis Cotton Exchange; reyision of figures since Sept.
1.
The foregoing shows the week's net overland movement
this year has been 20,230 bales, against 20,213 bales for the
week in 1900, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 221,469 bales.
1899-1900.
1900-1901.
In Sight and Spinner t'
Talttngt.
Fee Ac.
TteoelptB at ports to Mch. 22...
Since
Sept.
1.
Total marketed
Sept. 1.
134,124 6,298,282 104,023 5,875,636
948,878 20,212 1,165,347
824,000 31,000 864,000
183.354 8,066,160 166,235 7,894,983
22,166 573.884 * 29,971 117,074
-
Interior stocks in excess..
125,264
Came into sight daring week. 161,189
8,012,057
Total In sight Mch. 22
8,630.044
Worth'n spinners tafc'ga to Mch. 22 12,909 1,567,085
* Decrease during week.
Movement into eight in previous years.
1896....
bales. 147,827
125,735
61,771
89.346
17,6901,986,173
Sine* Sept.
Week.
:
1898-99
1897-98
1896-97
1895-96
LonlB
Olnolnnatl..
8»«
888
889
8i»i«
8H
8",«®!ll 89l(»-a88
88b
81118
888
8 '8
8'e
81a
81I18
89l«.
8^8
fl'«
888
8>«
b's
85,9
89l6
8i«
819
8%
8^
8%
83,8
NomlnaL
8H
8I4
8H
8I4
87n
85l8
838
833
8916
85,6
83i6
87,6
86,8
a'a
889
8"i«
889
83l8
8',«
8^8
889
at other important
Southern markets were as follows.
Atlanta
Charlotte
Oolambaa,Ml8s
Eufaula
74
Nashville
7''8
Natchei
SH
S'e
OolombnB.Oa.
Little Rook....
8
Montgomery...
789
8
Raleigh
Shreveport
7i3i9
8>«
8k
8k
vices this evening denote that on the whole the weather has
been favorable at the South during the week. At a few
points some interruption to farm work is noted, but generally
the indications are that good progress has been made with
preparations for the next crop. The rainfall has been moderate as a rule and more satisfactory temperature is reported
toward the close of the week.
Oalveston, Texas. It has rained on two days of the week,
the precipitation reaching sixteen hundredths of an inch.
The thermometer has averaged 59, ranging from 50 to 68.
Abilene, Texas. Rain has fallen on one day of the week, to
an inappreciable extent. The .thermometer has ranged from
26 to 82, averaging 54.
Corpus Christi,':Texas. Dry weather has prevailed all the
week. Average thermometer 65, highest 80, lowest 50.
Palestine, Texas.
We have had rain on two days during
the week, to the extent of eighty hundredths of an inch.
The thermometer has averaged 65, the highest being 80 and
the lowest 50.
San Antonio, Texas. Rain has fallen to an inappreciable
extent on two days of the week. The thermometer has
averaged 58, ranging from 38 to 78.
Shreveport, Louisiana. It has rained on one day, the rainfall reaching fifty-four hundredths of an inch.
Average
thermometer 53, highest 74, lowest 35.
New Orleans, Louisiana. We have had rain on two days
of the week, the precipitation reaching one inch and one
hundredth. The thermometer has averaged 57.
Leland, Mississippi.— We have had no rain the past week.
The thermometer has averaged 47"1, the highest being 69
and the lowest 29.
Columbus, Mississippi. It has rained on one day, the rainfall reaching one inch and seventy-two hundredths.
The
thermometer has averaged 50, ranging from 31 to 70.
Vicksburg, Mississippi. Rain has fallen on one day of
the week, to the extent of fifty-nine hundredths of an inch.
The thermometer has ranged from 35 to 71, averaging 51.
Ldttle Rock, Arkansas.
Corn planting is in progress and
cotton land is being prepared for the seed. We have had rain
on one day of the week, the precipitation being thirty-eight
hundredths of an inch. Average thermometer 51, highest
74, lowest 29.
Helena, Arkansas.— F arm work is doing well. The weather
is now warmer.
The week's rainfall has been five hundredths
of an inch, on one day. The thermometer has averaged 49,
the highest being 74 and the lowest 29.
Memphis, Tennessee. Farm work is active. There has
been only a trace of rain during the week. The thermometer has averaged 49, ranging from 32*5 to 72*2.
Nashville, Tennessee.
We have had rain during the week
to the extent of twenty hundredths of an inch.
The thermometer has ranged from 30 to 71, averaging 50.
—
—
—
—
—
—
—
Mobile, Alabama.
— Farm work in the
1.
bales. 9,797.767
10,018,851
7,772.273
6.342,882
interior
was
inter-
rupted somewhat during the middle of the week by rather
heavy rain. We have had rain on two days of the past
week, the precipitation reaching one inch and thirty-nine
hundredths. Average thermometer 53, highest 67, lowest 35.
Montgomery, Alabama. The weather has moderated and
has been clear and warmer the last few days. Q-ood progress
is being made with planting now. Acreage, fertilizer?, mules
and implements all increased over last season. It has rained
on one day this week, the rainfall reaching one inch and six
hundredths. The thermometer has averaged 53, the highest
being 72 and the lowest 34.
Selma, ^iabaT/Mz.— Weather is perfect for farm operations.
Rain has fallen on one day of the week, to the extent of one
inch and ninety-three hundredths. We find upon investigation that sales of mules in this section have been about
ten per cent less this year than last. The thermometer has
averaged 45, ranging from 33 to 60.
Madison, F/orida.— There has been rain on two days during the week, the rainfall reaching one inch and sixty hundredths. The thermometer has ranged from 36 to 70, averaging 56.
—
Since
WeeAc.
20,230
Net overland to Mch. 22
floathem consumption to Moh. 22 29,000
1899
1898
1897
8"l8
8H
SH
8
—
1899-1900.
MMpptA—
Total gross overland.
Aagnsta
SVi
888
—
0DexM^«5Ol OMCoioo5 0<Dcocxco«iaDMpp.co'-'*»cxif'0.co
„8
T'
CXOOODOO*" CP-J>J-<ltJ0050SOi^'CP-JCO»^toi^O*^CCO«>
The above totals show that the interior stocks have decreased during the week 22,165 bales, and are to-night 258,254
bales more than at same period last year. The receipts at all
towns have been 85,364 bales more than same week last year.
«J
8''8
839
8&i«
S-'is
—
S
yi^yt
*.OCO»COCOQOCx; eXODO MCStaexQOODOOilkCOCO^CCMOSO*t-'f O3ococ»aoif-«>CO' cxi^ooQDODOiP>ootiCOtacoo>o>-co-j
CO
OS
8%
8%
9
8%
838
83ie
8ii«
8in
8I4
889
—
CO*
t003CXOOCOCXOCXOOtOMtOl^eXMOMCOMMOOexMOCOK»-COC£:ifk^
K>;
8?i
E^illadelphla
Fri.
—
Jfw
t^
i^iP^exi^oexeotoexoscxM
OS
f
!*>.
extocOMCOcooiM050oOco05tcexo5exencD»)exM *-^^ O m u oo jj CO
00 00 05 CO CO lb. CO 05 -- to 00 CO
m'cx Os'tO'to'M OS O^l ©Ctio OO to
COCO&00305^t005«aftCOQDUO-KjCO^COM|«kCOCXCXM05tOC003lt^CO*0
eocx
COtOl
8"]e
Thuri.
8i«
838
83i6
83b
8>4
814
83e
8»ie
8>«
8II16
Weather Reports by Telegraph.— Our telegraphic ad-
C005taOD<k^JOCC^<005l^05COO.-'OODtOCCOOCObO'-'OK(CXOtOOO»]
i-'CO#kOl-'OSO~4COl(^<OOaDOSO->]COl^i-')-'>-.r'ao<lQOOaCDO^O^
l^'tSCOtO
Wilmington.
Nortolk
BoBton
Baltimore .
8O9
thens
lo'<o"5o"i-o
0^(jjHJC;50C003COl^i*^tOtO»JOOtOODQOCO«>Oy>COOSOO'H'*.OS05M
lOl-'OCO
8»fl
Wtdnei.
The closing quotations to-day (Friday)
12,
'-'
lO-
©o
o< oo'soo'odTc oitr. o> oi c^i^*ODC3<aio;oco*»l«
(oV.
ODOi-ioco>--j'Oc;'if^!OCooDOstooaco'a<ito3R^-o^<i'-'«4'-"it»i-'
CO
Charleston..
Looisvllle...
"^
00
»
M O *' <1 OS tS C- 10 <l CO 9> C^ O ex to 00 OS 03 CO
aSsCOl^
5o»3K)-3>-'C0030'ao« -'JJ' i-*^ W -JJ-" 05 TD CO Kl <I W «) 00 W »0 pl^ «
OS
Mobile
Savannah...
Houston
Tuet.
858
8i«
838
87,e
838
8»4
8»i«
81118
8«^
8*8
8»9
St.
89
Mon.
Batur.
Memphis
aB?ii«'-"»ooc<5it>.o^i^wi-'«>i-'ts»oao<iob50o<^b3a>a60co
t9
t~''a~'
22.
aalveaton...
Ne^ OrleanjB
^09
j^
587
.
.
THE CHRONICLE.
688
—
Augvsta, Georgia. There has been rain during the week,
to the extent of twenty-seven hundredths of an inch, on one
[Vol. LXXII.
load lots of standard brands are quoted at Q^(c(,6}4c, f. o. b.,
according to quality. Jute butts continue dull, with prices
nominal at li^@15^c. for paper quality and \%@\%c. for
,
Average thermometer 51, highest 72, lowest 28.
Savannah, Qeorgia. —We have had rain on two days during bagging quality.
the week, the rainfall being thirty-three hundredths of an
New England Mill Situation.— Cur faiZTOCtti at Fall
inch. The thermometer has averaged 54, the highest being
iZive?'.— Under the agreement entered into by the Pall River
71 and the lowest 34.
mills to curtail production for four weeks between March 15
Charleston, South Carolina, It has rained on two days
and May 8, the Amprican Linen Co,, Chase Mills, Merchants'
during the week, to the extent of one inch and fourteen hunMills, Metacomet Mills and Robeson Mills closed down Satfrom
35
ranging
dreths. The thermometer has averaged 53,
day.
—
urday, March 16.
rather
was
Stateburg, South Carolina.— While the weather
SHIPPINQ XSEws. As Shown on a previous page, the
cold the early part of the week, farm work suffered but little exports of ootton from the United States the past week have
interruption. There has been rain on one day of the week, reached 101,690 bales, The shipments in detail, as made up
the rainfall being forty hundredths of an inch. The ther- from mall and telegraphic returns, are as follows:
Total bales.
mometer has ranged from 30 to 75, averaging 52 '8,
„
„
,,
York—„
To Llveroool,
per steamers Nomadic, 3,384
Oreemcood, South Carolina.— Ithaa T&meA on one day of New Phlladelphian,
to 72.
—
the week, to the extent of fifteen hundredths of an inch.
Average thermometer 47, highest 59, lowest 35.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
March
3 o'clock
and March
21, 1901,
22, 1900.
Mch. 21, 01. Mch 22,
.
Feet.
Feet.
New Orleans
70
23-7
90
Above zero of gange.
Above zero of gauge.
Above zero of gauge.
Above zero of gac ge
Above zero of gauge.
MemphlB
Nashville
Bhreveport
Vtokaburg
'00.
12-7
290
162
12«
261
6-8
366
—
India Cotton Movement from all Ports. The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Mch. 21, and for the season from Sept. 1
to Mch. 21 for three years have been as follows:
y33
4,317
To Hull, Iter .steamer Colorado, 200
>.
200
To Mancliester, p^r steamers Hogarth, 199 upland and 50
Sea Island
Maskelyne, 314 (additional)
563
To Hamburg, per steamer Waldersee. 300
300
To Antwerp, per steamer Konsington. 290
290
To (^enoa, per steamers Hesperla, 200
Kaiaerin, 500
700
To Najiiea, per steamers Hesperia, 199
199
Nbw Oblkans—To Liverpool—Mcli. i9-Seamer Darlen, 4,000
March 21- Steamer Nlcaraguan. 3,500
7,500
To London-March 19— Steamer Albanian. 2,298
2.2^8
To Havre— March 21—Steamer Imaum, 7,137
7,137
To Bremen March 18— Steamer Blswick Manor. 3,761
3,761
To Hamburg— March 18— Steamer Louise, 1.496
1,496
To Rotterdam— March 18— Steamer Pola, l,00o
l,2t)0
To Copenhagen -March 21— Steamer Kairos, 1,000
l.OrO
To Barcelona-March 19— Steamer Pio IX., 6.025
6,025
To Gunoa- March 16 -Steamer Orinon, 6,467
March 20
—Steamer Citra de Messina. 3,800
10,267
To Trieste— March 16— Steamer Styria, 3.300
3,300
To Venlee— March 16— Steamer Styria, 800
8ijO
QALVH8TON— To Manohest«r— March 18— Steamer Ramon de
—
Larrinaga. 5,851
5.851
6,241
1,575
4,612
4,349
To Havre March 14— Steamer Benedict. 6.241
To Vera Cruz— March 18— Steamer Normandle. 1.575
Sabine Pass-To Bremen— Mch. 21- Steamer Chlcklade, 4,612
Seceiptt atSinet
Since
Since
Week.
PBK8AOOLA—To Liverpool— March 16— Steamer Vivina, 4,349.
Week.
Week.
Sept. 1.
Sept. 1.
Sept. 1.
To Hamburg— March 16— Steamer Ruth, 435
Savannah—
To Bremen-March 15— Steamer Graola, 6,159
Bombay
50,000 1,095,000 31,000 728,000 83,000 1,304,000
To Hamburg— March 15— Steamer Gracia, 622
To
Barcelona
-March 21-Steamer Glenby. 5,856
For the Week.
Since September 1.
Boston— To Liverpool—March 13— Steamer Commonwealth,
Mxporte
March 16— Steamer Ultonla, 2,5 19
5,852
ereat
ContiOreat
Contifrom—
BAi-TmoEE—To Liverpool— Mch. 11— Steamer Oakmore, 96....
Total,
Total,
Britain.
nent,
Britain,
nent,
To Bremen— March 16— Steamer Hannover, 867
Tacoma— To Jaoan- March 14— Steamer Olympia, 703
Bombay—
8BATTLE—To Japan— March -Steamer Idzumi Maru, 4,600
1900-01..
11,000 13,000
43,000
2.000
319,000
362,000
1898-1899.
1899-1900.
1900-1901.
17,000
1,000
17,000
1,000
4,000
39,000
245,000
40,000
249,000
1900-01..
1899-00..
2,000
2,000
1898-9;*..
l",000
i'.boo
8,000
1,000
2,000
15,000
8,000
15,000
18,000
9,000
17,000
1,000
l.OCO
7,000
1,000
2,000
12,000
3,000
16,000
19,000
4,000
17,000
1899-00..
1898-99..
1,000
Oaloutta—
.
1899-00..
1898-99..
All others1900-01..
1899-00..
1898-99..
Total all—
1900-01..
2,000
1,000
189900..
1898-99..
4,000
34,000
24,000
61,000
42,000
24,000
65,000
61,000
3.000
12,000
380,000
74,000
336,000
441,000
77.000
348,000
2,000
2,000
2,000
2,000
2.000
2,000
8,000
16,000
2.000
20,000
18,000
3,000
20,000
Alexandria Receipts and Shipments of Cotton.Alexandria, Egypt,
March
1900-1901.
20.
Receipts (cantars*) . .
This week...........
Since Sept. 1
1899-1900.
100,000
6,204.000
125,000
4,538,000
Thit
week.
1898-1899.
75,000
5,271,000
Since
TMt
Since
Sept, 1.
week.
Sept, 1.
Thi$
week.
Since
Satur.
ifon.
13
21
c.
13
21
26
24
32
25
e.
20
25
23
32
25
20
13
21
25
23
32
25
20
26ifl
26)a
26>fl
26ifl
V. Hiai...c.
40
33
40
33
40
33
40
33
V. St. Pet.c.
c.
Havre
c.
Bremen......
Hamburg
Amsterdam
,...c.
c.
e.
Rotterdam
Antwerp
Ghent, v. Antw'p.e.
Reval, v.Br-Hamc.
Do
Do
....
«>-
Genoa, April
e.
20
20
I'rleste
c.
34S33
Quotations are oente per 100
To Oontinentt
Total Europe
4.000 340.000
7,000 322.000
6,000 239,000
4,000 237,000
14,000 454,000 11,000 662,000
9,000 476,000
in 1899-1900,
1 Of wbloh to Amenoa In 1900-1901, 36,187 bales;
63,346 bales: In 189d-99. 67,048 bales.
This statement shows that the receipts for the week
ending March 20 were 125,000 cantars and the shipments to
Europe
14,000 bales.
Manchester Market.— Our report received by cab'e
to-night from Manchester states that the market is dull but
steady for yarns and quiet for shirtings. Manufacturers are
generally complaining. We give the prices for to-day below
and leave thosb tor previous weeks of this and last year for
8H
1900.
a.
d.
5
6
Mch.l 8&,e®9i«
5
5
6ifl®8
5'fl«8
5 08
d.
••
"
8
gifl
«9
•
lbs.
«••
20
82 1«
20
15
13
26
25
23
32
26
20
25
20
30
23
20
261a
26ia
26I4
40
33
• ••
20
37
32
*s*»
32ifl
321a
or traotiona of a penny per
183120
30
lb.
week
1.
Mch. 8
Mch. 16
Mch. 22.
64,000
59.000
69,000
51,000
2,900
2.500
1,000
1,300
200
1,100
1,800
400
50,000
dales American
57,000
65,000
47,000
5,000
6,000
Actual export
4,000
2,000
64,000
60,000
Forwarded
67,000
64,000
*763.000
726,000
757,000 746,000
Total stock— Estimated
Of which American— Kst'd. 641,000 872,000 665,000 662,000
the
week
50,000
import
of
68,000
64,000
55,000
Total
47,000
46,000
Of which American
59,000
39,000
174,000 17^,000 179,000
200,000
Amount afloat
146,000 140,000 138,000
165,000
Of which American
* stock corrected by a net addition of 34,342 bales .as follows: added,
39,624 American and 1.146 Egyptian; deducted, 2, 342 Brazilian, 203
West Indian and 3.883 East Indian.
Sales of the
bales.
Of which exporters took...
Of which speonlators took.
The tone of the Liverpool market for spots and futures
each day of the week ending Mch. 22 and the daily closing
Sat'day.
have been as follows.
Monday. Tuesday, Wed'day. Thursd'y Friday.
Iht, Shirt-
8S8 ®9l4
22 838 n9H
a.
•••
32i«
—
Spot.
OotVn
lbs. Shirt- Oott'n
32f Cop, ing*, commoyi Mid, 82t Cop, 8H
ings, common Mid,
Twiit.
Twist,
lipids
to flnett.
to finest.
Upldi
Pb.15
•
#rt.
Liverpool. By cable from Liverpool we have the follow
ing statement of the week's sales, stocks, ftc, at that port,
prices of spot ootton,
comparison.
1901.
96
867
703
4,600
Sept. 1.
A oantar Is 98 pounds.
all
13
Mch.
10,000 250,000
4,000 204,000
8,371
Wednes. rhuri.
lues.
21
25
23
32
25
20
Llverpoool
BxportB (bales)—
l?o Liverpool...
622
5,856
Total
101.690
Steamer from Charleston to Barcelona March 15 "Kestor."
Ootton freights at New York the past week have been
as follows.
Madras1900-01
435
6,159
s.
4is08
" 15 8ii6f>9
5 4
« 22 7i3,e«8''8 5 3
«8
®8
d.
d.
d.
d.
®8ia
®8»8
3
3
51332
1''%
ftbis
7''8
3
3
8i« -ag
514
5I32 8Biea9H
5
838 '99H
4% 838 ©9^4
II3
1
8.
d.
5
5
5
5
5
6
6
5
8.
«8
1»8
6ifl»8
6»«t>8
6ia«8
6is®8
d.
d.
41a
41a
53s9
6
7
538
51*38
519s2
6IB33
7ifl
7ifl
sV
Jute Butts, Bagging, &c.— The market for jute bagging
has continued qniet during the past week, on the basis of
6^c. for 1^-lb. and 6i|c. for 2-lb., standard grades. Car-
Market,
1
In buyers'
Harden'g.
1:46 P. M.^
Easier.
Easier.
Quiet.
Mid.Upl'ds.
4i6ia
4i3,e
42B32
4253a
42133
8.000
8,000
8,000
8,000
8,000
10,000
600
500
500
500
600
600
Sales
Spoo.
& exp.
favor.
Qniet.
Futures.
Market,
1:46 P. M.
Market,
4 p. M.
(
Barely Br'Iyst'dy
steady at partially
5
2-04 deo.
l
S
Easy.
1-64 dec.
Easy at
2-64 decline.
Irresmlar. Unsettled
Steady at
Easy at
partially
1-64 dec.
2-61 <» 3-04
decline.
Qniet.
Qniet
Irreg. at
partially
1-64 adv.
Very
8rm.
.
Mabch
THE CHEONICLE.
23, 1901.]
The prices of futures at Liverpool for eaoh day are given
below, Prloes are on the basis of Uplands, Low Middling
clause, unless otherwise stated,
^^ The prices are given in pence and 6i,thi. fhui : 4 63 mean$
4 63-6id.. and 5 01 mean* 5 l-64d.
mon.
Sat.
Mch. 16. Mch.XQ.
Tae«.
Mch.
19.
W^ed.
Tbnra.
Fri.
Mch. 20.
Jlfc/i.2l.
Mch. 22.
12i« 1 1:45 4 1:45 4 1:45 4 1:45 4 1:45 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
d.
d.
d.
4 52 4 50 4
Mob. -April.. 4 51 4 504
April- May.. 4 51 4 604
4 50 4
May- Jane... 4
June-Jnly... 4 51 4 50 4
July- Aug.... 4 50 4 49 4
Aug. -Sept.. 4 42 441 4
8ept.,L.M.O. 4 42 441 4
Oct., G. 0.0. 4 19 4 19 4
Oct. -Nov.... 4 15 4 15 4
Nov.-Deo... 4 12 4 13 4
March
M
Dec- Jan....
....
d.
44 4
44 4
44 4
4414
4414
43 4
37 4
37 4
16 4
12 4
10 4
44
44
44
44
44
d.
d.
4 4H 4
4 37 4
4 37 4
4 17 4
42
35
35
15
4 13 4 11
11 4 11 4 10
4.3
37
37
16
12
....
>•*•
d.
42 4 42
4 43 4 42 4 42
4 43 4 42 4 42
4 43 4 42 4 43
4 43 4 42 4 42
4 43 4
4 42
4 3«
4 36
4 16
4 11
4 10
.•••
d.
d.
d.
4 39 4 35 4 34
4 39 4 35 i34
4 39 4 35 4 34
4 40 4 36 4 35
4 40 4 36 4 35
4 40 4 3b 4 35
4 33 4 30 4 29
4 33 4 30 4 29
4 13 4 11 4 10
4 09 4 07 4 06
4 08 4 08 4 04
....1 ....
•
d.
d.
142 4 43
4 41 4 43
441 4 42
4 41 4 42
4 41 4 41
441
4 40
4 34 4:i3
4 34 4 33
4 15 4 14
4 11 4 10
4 10 4 08
•••
.• >.
BREADSTUFFS.
Fbiday, March
At the
:
.
22, 1901.
589
Oats for future delivery at the Western market have been
Requiet, and there has been a slight weakening in values.
ceipts have been running fairly full, and weather conditions
in theJWest have been favorable, under which the market has
shown a tendency to sag. The local spot market has been
moderately active as exporters have done some buying, but
prices have weakened slightly. Today there was a quiet
but steady market.
DAILT OLOSIHO PRICES OF OATS IN NET¥ YORK.
Sai.
Mon.
31
30Jfl
May
delivery In elev
July delivery in elev
Sl^a
SCa
DAILT OLOSraO PKIOBS OF
8at.
Moh. delivery
in elev....
April delivery In elev. ..
May deUvery in elev
76^4
76»fl
7712
SOSs
SO**
8IV1
BO'S
8038
81
SO^a
SOk
NO. 2 SPBINa IN CHICAGO.
Won.
Tuet.
Wed. Thurt.
75i4
75ie
75
75%
75ifl
7538
76
"/SH
76i8
7638
7638
77
SOSe
8OI4
Fri,
Rye has been [firm but quiet. Barley has been without
changes.
Following are the closing quotations:
FLOUR.
Patent, winter
$3 80 04 30
Fine
$2 10 02 20
City mills, patent.. 4 10 «4 75
2 20 «2 30
Superfine
Ryeflour,Buperfine 2 90 03 35
2 40 02 60
Extra, No. 2
Buckwheat flour., t
2 60 »2 95
•
Extra, No. 1
Oom mealClears
2 75 03 40
90
Western,
2
etc
30 92 35
3 40 •a>3
StralghtB
Brandywlne
2 40 9
4 00 •94 75
Patent, Hprinj;
below
those
for
barrels.)
eeUB
at
prloea
(Wheat'llouT In aaoks
Mon.
48
Tuet.
48^
47''8
47
46'^8
46''8
July delivery In elev
46%
46»«
Oom, per bueh.—
0.
0.
Western mixed.
No. 2 mixed
Western yeUow
Western white
HardDuluth,No.l 9058»9238
N'thera DuL, No.l 88^ffl89"'8
Bed winter, No. 2 79^»81>«
Hard N. Y. No. 2. 793998118
Oats— Mlx'd, p. bush. 30 933
32 «37
White
30ii)»31ia
No. 2 mixed
83 »34
No. 2 white
46''8»48'^
4b'?8»48S8
4688*4838
473sa49ifl
Bye, per bush—
western
State and Jersey
57
O60»«
52
46
©68
«48
•» ....
Barley— Western
Feedlne:
Exports of Breadstuffb, Provisions, Cotton and
Petroleum.— The exports of these articles during the month
of February, and the eight months, for the past three
years nave oeen as follows:
1899-1900.
1000-1901.
1898-1890.
Mxportt
'Tom O. 8.
February.
QuanUtiet.
Wbeat.bnsh.
10,808,731
77,471,577
6,4:0,6*'P
69,786.950
9,760.33'- 108.807,800
FloaT...bbls
1,512.148
11,99^.191
1,583,141
11,963,678
l,6ll,194|
Wheat.... ba
iorn...bn8b.
8 Months. February. 8 Mentha. February
H Montht,
12,405,309
17.746,888 131,18»,486 13,309.803 123,683,5011 17,0)0.711 ;164,«31,677
14 608 345!lll,9e3,l«6
16,78^,670 131,634,88';
15,212,658 145,040,484
Tot. bush.
34,635.658 2^8,071,324
28.622,361 268,873,9^ 31,614,0561276,314,843
Valua.
>
t
13.312,39* 100,553,924
9,892,871'
94,032 489
7,858.071
61.704,162
6,192,754
68,623,799
65,391
621,974
46,2t6
699.275
8,5S7,183
628,724
981,602
10,504.273
161,62.'^
2.615,218
505.907
9,156,8S9
Wh't&
flonr.
3orn& meal.
aye
Oati& meal.
Barley
Br'ditnffs....
Z2,098,75C 178,982,486
i
17,266,530 173,278.052
I
I
13.671.784 IS1,653,00«
6,285,151
534,f'9l|
44,876.446
8.S8.813
4,800,686
6.874,803
93,131
1,004,389
20,873.778 189,169,084
Provisions*. 16,901,602 140,812,19^ 16,056.14? 130,677,0481 14,375,611 125,596.682
Jetton
22,310,709 237,449,837 80,848,169 164,792,516| 17,526,440 171,864,022
Patrol'm.Ao.
4,451,928 46.495,854
6,607,85» 49,856,798
3,403,331 35,066,741
Tot value.
66,700,998 598,740,876
69,678.199 518,001.4441 6fl.l7fl.lBf>l521.6'6,479
The movement of breadstuffs to market as indicated in the
statements below is prepared by us from figures collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending March 16,
4nd since Aug. 1, for each of the last three years have been:
«(iiyti
at—
Com.
Wheat.
Flour,
Oatt.
Bmrlty.
»«.
Bblt.lOeibi Bu(h.60Ilii Bufh.66ibf Bu$h.ailbt Buth.tSlbt B»».5fl|»
Jhioaso
213,310
694.110
1,995.004
144.800
1,639,606
48,876
itUwankes
19,975
213,7.50
48,600
104,400
76.0S0
12.760
lalnth
3,485
212.059
805,576
S«,4S0
1,740
10,698
Klnnsapolls.
201,800
1,695,760
199.020
80.010
6.420
rolsdo
24,140
208,800
114,978
60,300
7.500
1,600
3«trolt
28.581
22,000
6,100
40,000
.
llaveland...
37,274
269,808
617,720
161,143
320,400
40.600
6,000
76
'•oris
24,300
8,800
888,400
l(.6.O0O
48,200|
4,200
576,200
116,260
48.000
8,795,668
4,076,958
4,855.878
8,866,099
8.867.691
838,780
884,859
~»0.i48
4,064.584
3027.389
8,686,826
8.832,020
485,62tf
Thurt.
47''8
4838
4658
46^4
46»9
46%
Fr%.
4638
463^
4638
Sept. delivery in elev
46%
47
4618
463.i
DAILT OLOSINQ PBIOBS OF NO. 2 ICIXBD CORN IN CHICAGO.
Fri.
Wed. Thurt.
Sal.
Mon. Tuet.
39''8
March delivery In elev... 40»4
40
40>4
40
40
41i«
May delivery In elev
41^4
4138
41«9
4189
4138
July deUvery in elev.... 41%
41ia
4138
41 »«
41>«
4638
0.
315,801
NKW
com t. o. b
May deUvery In elev
ORAIH.
Wheat, per bush.-
86,190
advance on shorts covering. The
spot market was moderately active and firmer. Sales for
export here and at ontports were 240,000 bushels.
DAILT 0LO8INO PRICES OF NO. 2 MIXED OOBN IK
YORK.
Oaab
33^
«. Lonli....
ket, closing at a fractional
Wed.
48
31
7519
75
Indian corn futures have received only a limited amount
of speculative attention, and no important price changes
have occurred. Country oflferings have been reported as
very moderate. One authority is quoted as saying that the
country needs all the corn it has in farmers' hands for feeding purposes. Receipts, however, have been running fairly
full, and in the face of these there has been no aggressive
buying; neither has there been important short selling. A
fair busitess has been transacted in the spot market, exporters being steady buyers here and at out ports, and prices
have held fairly stead}'. Today there was a steadier mar-
Sat.
Tuet.
33ifl
close of last week, following the rise in prices for
the grain, mills advanced prices for wheat flour 10c. per barrel.
At the higher basis of values the volume of business
transacted has reached only very moderate proportions.
Buyers generally have been slow to follow the advance and
in making purchases have limited their orders almost exclusively to such supplies as have been needed to meet current wants. Sellers, however, have held firm. The demand
for rye flour has dragged, but prices have not changed.
Corn meal has weakened slightly in price, and at the decline
exporters have been fair buyers.
Speculation in wheat for future delivery has been moderately active, and there has been a steadier undertone to the
market. Immediately following: our last, prices made a fairly
sharp advance, buying by nervous shorts to cover contracts
being largely responsible for this gain. European cables on
Monday were disappointing, and this, coupled with favorable
weather conditions in the Northwest, prompted fairly free
selling by recent buyers to liquidate their accounts, and prices
reacted.
On Wednesday, however, the market again
turned steadier. The political situation in the Par Eist
uneasiness,
such as to cause some
was reported
and cable advices from European markets were better
than expected. Weather conditions in the interior also were
The movement of the crop in the Northwest
less favorable.
continued very moderate, and this, too, was a strengthening
factor. Thursday the market again turned easier under dieappointing cable advices, favorable crop news from the
West and long liquidation. Statistical developments for the
week were about as generally expected, showing a moderate
decrease in supplies in sight. The visible and the invisible
supply and probable reserves at the beginning of the new
crop are being much discussed in the trade, with many inclined to the view that supplies on July 1 will be at the lowest point for several years past.
Business in the spot market
has been moderately active, exporters being buyers; prices
have followed futures. To-day there was an easier market
early under weaker European advices and more favorable
news from the Far Esst. Toward the close buying on shorts
to cover contracts advanced prices. The spot market was
quiet. The sales for export were 74,000 bushels.
DAXLT 0LO8INO PBIOES OF NO. 2 BED WUXTEB IN NEtV YORK.
Fr\.
8at.
Mon.
Tuet.
Wed. Thurt.
Sisa
8138
SlSs
Cash wheat f. o. b
Rlk
82
82^
8OJ4
SO^
March delivery In elev.. S0\
8038
80%
SOH
Wed.
Thurt.
Fri.
30%
30%
301^
SS^s
3314
88^
33
DAILT OLO8INO PRIOE8 OF NO. 2 MIXED OATS IN CHICAGO.
Wed. Thurt.
Sat.
Mon. Tuet.
Fri.
2414
2438
24
24
March dellverv in elev ... 2438
25ifl
2514
2518
25^
24'8
25
May deUvery In elev
No. 2 mixed In elev
So. 2 white In elev
lansas City.
rot.wk.l901
^ama
wk.'OO.
3am«wk.'00.
HnceAui.
lOOO-lBOl
1899-1900
1898-1899.
The
326,830
693,468
167,652
.
12,554,919 169 617,095 148,130,686 114,918.212 85,398.776 2.607.704
13,307,921 167.788,014 161.0S1.72S' I13,64y,3»6 84,639,125 4.721,617
0.99H.111 216,183.598 I61,940,46t 117,S91.h79' 31,690.261 8.645 89'?
receipts of flour
HttHfU at—
^•wYork
loiton
Montreal
Baltimore
aiobmond
^•w Orleans*
tawport News
Norfolk
JaiT«iton
and grain at the seaboard ports for
16. 1901,
follow
Hour,
tVntat,
buih,
Corn,
buih.
Oaf,
bbi,.
buih.
buih.
bUi*
6117..S75
33,>',29t
5,1 00
8*«,2'^0
171,125
45.000
216.161
"
443.071
116,464
89699
Pblladelplila
6,186
60,0H9
72,125
8,it'0
10,315
84,>^27
419,100
191,999
38 0OO
115.«40
13,S,424
035
;'91
15,360
871,000
24.000
lll.lWO
100,025
69,000
88,511
114.596
eoo
1.000
6,800
14,917
27,.'^82
714
11,888
304,500
153.770
3t.Jolm.N.B
11,769
7.703
89.S00
1,804,848
l.tl2,76S
1,629.0'28
BWO.llfl
Mobile
ToUl wask
iTaafc IPOO
•
Baritir
4l,>-00
12^,859
73.Pi. 6
Ha
,<!e4,685
893.816
2,780.610
3.68d.«ai
U»u«tpts do not inolada sraln passing turoogh
on thro ugh bills of lading.
sorts
180,408
805,054
1.
he week ended March
Pirtland,
.....
86,180
'
46,171
862.990
294,877
Naw Orleans
00,627
18.688
(or totmitu
THE CHKONJCLE.
5f0
Total receipts at ports from Jan. 1 to
follows for four years:
Ii*eU»t$9j—
riour
iriiaat
16
oompare
as
1901.
4,193,004
1900.
4,067,266
1899.
4,819.330
1898.
4,89S.418
bUHl.~il,l 47,821
"
44,702,163
25.886 816
38,53«,963
1,988,847
16,789,524
45,81t,x88
22,318 883
1,603.086
2,876,519
79,677,297
89.398,384
bbll
Oorn
Oatf
March
"
618,090
12,862,213
87,1«6,608
18.019.130
2.820,84*
361,604
"
lir,e03,866
64,619.820
"
Barley
5,,...
l.S.934,543
1,660.759
'
Total sralB...
l»,ii73.805
0H5,867
The exports from the several seaboard ports for the week
ending March 16, 1901, are shown in the annexed statement:
Wheat.
MofprU from— 6n»h.
672. P98
MtwTork
823,304
Boiton
Portland. Me. 153,770
9rt,000
Philadelphia..
New Orleani..
flour,
bu<h.
bbl«
71,821
43,497
ll,3d8
63,718
S99.6.S5
191,667
69,000
717,891
963.891
267,058
2HH,<i83
Baltimore
Corn,
476.000
Ry*,
buih.
Ptat,
24,'COO
OalTetton.....
460,400
Mobile
St. Jobn.N.B.
"7,793
'
69.999
Total week 2,502,048 2.717.653
BkJne
_„ time '00 l,iao,8dO 3,469,305
Nbw York
600
28.800
310,861
214.6U6
487.778
857.0B9
—
Hour.
Mx9ortifOT
m*ik and line* Mar.
to—
16.
bblt.
42,8J7
.35,726
Wh*a,t.
Sine* Sni.
Wuli
1, 1900.
bblt.
JMar.'ie
1900.
46,171
76.111
4.671
71,801
318.052
week and since
Wttl^
Mar. 16
J27.964
810,861
Total
Total 1899-1900.. 844.606
8.697.861
8.285,416
2.602.048
1,120.830
63.005,706 2.717,652 108,295,268
50,091,710 3.469,305 109,066 641
0. Amerio*.
Weit Indies.....
Br.N.Am-Colo'i
Other ooontrlei
8.
A
678
1,391,551
1,082,530
The visible supply of grain, comprising the stocks in
granary at the principal points of accnmnlation at lake and
seaboard ports, March 16, 1901, was as follows:
WlMat,
In I ton at—
buih.
MewTork
Do afloat
3,422,000
Boiton
PhUadelphla
694.000
426.000
Baltimore
New Orleani
Oalveston
Montreal
872000
662.000
607.000
707,000
626,000
1,132.000
133.000
76.000
Bollalo
2,848.000
1,014.000
Toledo
684,0011
Do afloat
Do afloat
Detroit
Do afloat
OUoago
Do afloat
MUwaukeet
afloat
Do
167,000
168,000
181,000
222,000
8.000
12,000
851.000
1.974,000
Bvt,
buih.
69.000
B«rl<t,
blifjv.
174.000
89.000
75.000
" 9,000
88 cot
*89.000
15,000
621,001
7,000
1.000
••
Dolntlit
'
484,000
603,000
1.000
89iodp
11.286,000
98.000
1,048.000
4.763,000
2.712,000
663,010
128,000
8 23",00"o
50i,bo6
1,000
251,bo6
1,0«0
26,bor
72.000
1.816,000
8,243,000
4.908,000
1.088,000
899.000
74 00<
10,784,000
8.088,000
177.000
1,208.000
8,000
198.000
863.000
816,000
92,000
597,Oog
888.000
7,000
S.132,000
25.000
'l4'.bo6
'S5.0d6
rtWUl'miPt. Arthur
1,344,000
774.000
822,000
23,006
afloat
MlimeapolU
Bt Louli
Do
Oati.
i»uh.
212.000
1,201,000
IToronto,.
Do
Corn,
b\uh.
1,648,000
afloat
KaniaiClty
Peoria
Indlanapolli
82,00C
819,000
80,000
8,000
34,000
8.000
18.000
OnMiiiisiipplBlTer
Onliakei
On oanal and river
300
223
11,139
9,817
"692
75,285
4.188
6,846
1.053
5,085
680
5,111
1,279
5,923
34S
734
28
180
803
73
2,640
12,883
1,086
70
260
386
107
2.939
10 169
1,771
5,266
42,682
11,393
108.616
420
7'57
Total
The value of the New York exports for the year to date
has been $3,038,485 in 1901, against $4,149,183 in 1900.
There has been a moderate export business in heavy brown
cottons this week, but the home trade continues slow. Tiie
market continues very irregular for spot goois and easy for
forward contrasts. In coarse, colored cottons business has
been irregular and quite moderate in the aggregate. Dduim?,
and plaids all show some irregularity in prices and
other descriptions are easy to buy.
The orders for bleached
cottons have been uniformly for small quantities; prices of
low grades are irregular, but other grades are steady. Small
sales are reported in wide sheetings.
Canton fl mneJs are inactive, bat cotton blankets have been in fair demand. Qailts
are generally well sold up. Kid-finished cambrics are qaiet
at previous prices.
Fancy and staple prints show no change
of any moment. Fine printed fabrics are as a rule steady.
Domets have sold freely in leading makes. Ginghams are
unchanged throughout. Print cloths have been inactive at
previous prices, although the Fall River mills have decided
to shut down for four weeks.
ticks
Foreign Dry Goods.— Moderate orders are reported for
fine grades in light-weight dress goods; other descriptions
quiet. Silks are steady, but demand moderate.
Ribbons
quiet.
Linens are quiet, but prices firm on foreign support.
Barlaps firm for light-weights; heavy-weights dull.
Importations and l^arelionseTi^ltbdraivalsof Dry Goods
The importations and warehouse withdrawals of drj goods
at this port for the week ending March 21, 1901, and since
January 1, 1901, and for the oorresponding periods of last
year are as follows:
22,348,000
10.871,000
1.108,000
1.837,000
Total'Mar. 16, 1901*. 55,124,000
21,014,000
1.115,000
10,838,000
1,856,000
Total'Mar. 9, 1901». 65,893,000
20,642,000
6,728,000
1,167,000
961,000
Tota) Slar. 17. 1900t. 63 912,000
29,992,000
33,466,000
11.074,000
1,60<,000
2,616,000
Total Mar, 18, 1899+.
Tntal Mar. 19. 1898t. 81.417,000
48,338.000
12.317,000
1,506,000
8.291,000
• Includes stocks In prlrate elsTators at Milwaukee.
Stock 8 In private elevators at Milwaukee not Included.
all wires down.
% Milwaukee and Uuluth are last week's stocks
Note.— Begiuninp July 1, 1899. the New York Produce Bxcuange hag changed
Its Visible Supply Statement by Including stocks at New Orleans, Qalveston,
Ft. William and Pt. Arthur (previously omitted) and leaving out Albany
Oswego and Cincinnati, formerly included.
;
THE DRY GOODS TRADE.
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ing touched bottom. It is true that neither cotton goods
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any influence while general supplies are in excess of general
o
ooeoMOsto
Mwacoo
-3MO>tO-3
to
Jt'
of the jobbing trade indicate a decidedly large distribution,
buginess at first hands continues quiet in nearly every department. It is clear, therefore, that the disposition at second hands is to clean up stocks as far as possible and to reThe course of prices has without
plenish with caution.
doubt been a disappointment to most people in the trade,
and there are few goods which jobbers have been selling of
late which cannot now be replaced at lower prices than were
paid for the original purchases. Coupled with this there has
been a declining market for raw material in cotton and wool.
The downward movement in the latter may have been
checked, but there is no indication as yet of the former hav-
of a;;ents reporting their mills well sold up on their fall proThe situation in fancy lines is still unsettled. The
«t<
III
ill
York. Friday. P. M., March 38. 1901.
A peculiarity of the situation which is frequently commented
upon is that while the reports coming to hand of the progress
has been a fair' amount of business done in some quarters during the week in men's-wear
woolen and worsted goods for fall, but it is noticeable that
the demand has run almost entirely upon lines which have
been recently introduced at lower prices than similar goods
opened the season at. Few standard lines have been changed
in price since the opening, but later substitutes have unquesOn this lower range
tionably fixed a lower range of values.
the market appears to be fairly steady in staples, a number
»
hmn
to Ob
o
I
New
duction.
34
27
"659
Qlexloo..... .................
Central America.............
South America..............
BnU
9,808
1.083.&1!2
942
579
1, 1904.
557.113
628.948
62.460
143.687
6.182.203
89,019
28,828
22.823
India
Arabia
Africa
West Indies
Other Ooantrles. ...... ......
Bint*
bush.
t>u>?i.
Dnlted Kingdom 218.205
Continent.
113
84
2,287
Since Jan. 1.
l^eek.
,
Bine* Bt9t.
1.
8.500
buah.
huth.
83.105,212 1, 133,686 63 428 074
19,544,012 1.603.3H4 52,950,619
617, 281
89,690
16,629
14.611
5;2,11»
90
Ul.Oii
10.000
656,220
16,498
840,783
atvt. 1
Week. Since Jan.l.
Sreat Britain
Other Earopean..... ........
42,857
1900.
Ifl
25,130
42,951
destination of these exports for the
1, 1900, is as below:
Wttk
1901.
to Mahptt
China
11,769
September
:
24,180
84,827
16,019
3^611
season so far has been an unfavorable one for fancies in both
woolens and worsteds, and there is considerable pressure on
the part of agents to secure business at the expense of prices.
The overcoating business has been quiet and cloakings dull.
Plain dress goods are fairly well sold for fall as are fancy
fabrics for waists, but regular fancy dress goods are slow.
There has been no change in flannels or blankets.
Domestic Cotton Goods.—The exports of cotton goods
from this port for the week ending March 18 were 5,256
packages, valued at |250,791, their destination being to the
points specified in the tables below
bu$h.
husii.
714
Norfolk
Newp'rt Newt
The
61,230
6.879
Oatt,
hu»h.
34.702
80.000
114.696
40,000
80.040
110.140
[Vol. LXXII.
COM
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— ——— — ——
:
.
March
—
Ah
THE CHRONICLE.
23, 1901.]
iwm m^
Cjty ^tf/iinytmr,
News
Items.
—
591
Bolivar, M.O.— Bonds Voted.
—This place has voted to issue
14.000 electric light bonds.
Bridgeport, Conn.— .Bonds Proposed.— Bills recently introduced in the State Legislature provide for $100,000 boulevard bonds and for .$100,000 3}/^% 20 year trunk-sewer bonds.
Bristol, Tenn.— Bonds Proposed.— The City Council has
decided to ask the State Legislattxre for authority to issue
$25,000 electric-light- plant bonds and $30,000 bonds for the
California. Legislature Adjourns. The State Legislature
adjourned on March 16, 1901.
ludianapoliH, Ind. Sinking Fund Bill. The Governor improvement of streets and for bridges.
has signed House Bill No. 572. which provides for a sinking
Buffalo, N. Y.—Bond Bill Passes Legislature.— The bill
fund for the liquidation of the indebtedness of cities of more authorizing the issuance of $150,000 bonds to provide funds
than 100,000 inhabitants. This bill applies solely to the city to pay for the special Pan American police has passed bo;
of Indianapolis, the only city in the state v?ith a population houses of the State Legislature.
of over 100,000.
Bond Sales.— Oa March 20 the Erie County Savings Bank
Minnesota. School Fund Investments, The Governor of Buffalo was awarded the six issues of 33^55 20-year gradehas signed House Bill No. 100 v^hich recently passed the crossing bonds, aggregating $152,804 97, and the $90,000 ^}4%
State Legislature.
This bill authorizes the investment, 1-20-year (serial) refunding water bonds at 107*013 and 104 2 1,
with the approval of the Commissioners, of the permanent respectively. These sales are on an interest basis of about
University and School Funds, in the bonds of any county, city, 3 03^. Following are the bids
village, town or school district in the State, provided that Krie County SaviDKH Bank, Buf-( $152,804 fi7 Krade-crosslni: bonds.... 107-012
90,000 00 water bonds
104 21
when the investment is made the total bonded indebtedness falo
106-7''.5
76,940 65 prade-crossiDK bonds
of the borrowing city, village, etc., does not exseed 15$Jof
61,885 22 grade-crossluK bonds ...10b->«16
the assessed valuation of the real property within such city,
1,372 60 Krade-crossiDK bund.i .. 10e'?25
—
—
:
(
village, etc.
Jos. B. Gavin, Buffalo.
Mi88onri. Constitutional Amendment.— The State Legislature has passed a resolution to submit to a vote of the people an amendment to the State Constitution which permits
the citizens of Kansas City and of St. Louis to exclude waterworks bonds in considering the debt limitation.
Legislatui e Adjourns. The State Legislature adjourned on
W. J. Hayes
—
March
18, 1901
Utuli. School Debt Limit.— Senate Bill No. 15, increasing
the limit of bonded and existing indebtedness of school districts from 2% to
of the assessed valuation of property, has
passed both Houses of the State Legislature and has been
H
approved by the Governor.
Washington. Legislature Adjourns. The Legislature of
this btate adjourned on March 15, 1901.
Wisconsin. Banking Law. The State Senate has passed
a bill providing for the submission to a vote of the people of
an amendment to the Constitution permitting the Legislature to enact a general banking law.
—
—
W.
N.
Harris
St,
Sons, Cleveland.
\
& Co., New York
Bank
bonds
105-.5'>
152,804 97 Brade-cro8\-ln(j bonds
90,000 00 water bonds
lOS'lS
104 "SO
102-26
152,804 97 arade-crossInK
90,000 00 water-bonds
& Co., New York
Lawrence Barnum & Co., N. Y.
Farson, Leacb
People's
1,!<18 04 grade-crobsing bonds
10* '71
6,218 If! ^Jrade-cro^^lnB bonds.... I'«'rt0
5,070 40 Krade-crossiajj bonds
10« 765
60,C 00 to w ater bonds
104°ie5
'6.940 65 prade-crossiDfr bonds. ...106'22
61,885 22 tn-ade-crossioK bonds .. 10«)-22
fcO.ytOUO water bonds
lOS-30
76,940 66 Krade-crossinK bonds
106-0:1
61,885 22 (jrade-crosslng bonds
lOtt'OS
90,000 00 water bonds
lO.j-31
of BuBalo
For description of bonds see Chronicle March 16, p. 545.
Caddo (P. 0. Slireveport, La.) Levee District.— £ond
O^eriTjfir.-Proposals will be received until 12 M., April 10,
of Commiesioners for $10(',0CO
by the Secretary of the Board
Securities are in denominations of $1,0C0 and
5% bonds.
Interest will be payable semi-anJan.
1, 1901.
$500, dated
nually at the office of the State Treasurer. Principal will
mature in
Bond Proposals and Negotiations
week have been
as follows
this
notice of this bond offering will be found anions
the advertisemerds elsewhere in this Department,
The
:
—
Alabama. Acts of the State Legislature. We give below
various bond bills which have been under discussion in the
State Legislature, and which passed that body before adjournment, March 5
fifty years, subject to call after forty years. Either
cash or a certified check for 5% of bid must accompany proT. F. Bell is President of the Board.
posals.
:
Bills Passing Both House and Senatb.
AnuEViLLE— H. B. 1056, authorizing $10,000 water and Are bonds.
ANDALUSIA.— 8. B. 302, authoriziuK $10,000 bonds.
BK88EMER.— H. B. 334, autborizintf $15,000 school bonds,
BES8KMEKE— H. B. 1310, authorlzlner water and light bonds.
BE8SBMEK-H, B. 335, authorizing bonds.
BB88EMKR 8. B. 448, authorizing water bonds.
Bessemer— H. B. 734, authorizing paving bonde.
Calhoun Co.— 8. B. 496, authorizing $HJO.O0O court-house bonds.
COLBEET.-H. B. 788, authorizing: $210,0
refunding bonds.
I>ADKVILLE.— H. B. lv!74. authorizing $1,500 bonds.
Etowaii Co.— H. R. 1170, authorizing current-expense bonds.
Greenville.- 8. B. 379, authorizing $15,000 water bonds.
Huntsville.— H. B. 1007, authrrizlng $40,000 bonds.
Jackson.— H. B. H4r),anthorizlng *15,000 bonds.
JEFFEHBON Oo.— H. B. 361, authorlziug $500,000 bonds.
Montoomehy- H. B. No. 449, authorizing paving bonds.
Montgomery— H. B. 1181, authorizing municipal bonds.
Montgomery— H. B. 1475, authorizing $100,000 Improvement
bonds
Montgomery Co.- S. B. 492. authorizing $25,000 road bonds.
Northfobt H. B. 1289, authorizing school bonds.
Oneonta.— 8. B. 233, authorizing water bonas.
PHtENix City— H. B. 1659, authorizing $25,000 water and lire bonds.
Roanoke.— H. B. 1 117, authorizing loan.
offlcial
Cambridge, Ohio.
Bond
Sale.
—We
are advised that the
five issues of 5% 1-10-year (serial) street bonds, aggregating
$13,085 80, offered for sale on February 18, have oeen awarded
to W. J. Hayes & Sons, Cleveland, at 106-747
are the bids received ;
Following
Premium.
Premiuwv
Hayes A Sons. Cleveland. t883 CO New 1st Nat. B'k,'ColumbU8....f5-M66
Keder. Holzman & Co., Clncln. -60 00 Lamprecht Bros. Co., Cleveland 575 00
W.
J.
.
3. A. Kean. Cbicaeo
Seasongood & Mayer, Cincln...
.
Uenison, Prior
707 01)
6dl 78
&
Co., Cle ve
625 OO
For description of bonds see Chronicle Jan. 26, p. 201.
Coiombas, Ohio.—Bond Sales.— Oa Marcki 16 the $85,000
S]^% 20-year school bonds were awarded to the Ohio National
Bank and The New First National Bank of Columbus at
their joint bid of 102*617. Following are the bids
:
?•
New l^"Na?.I?k: \ Columbus..$87,225 00
tseasongood & Mayer. Cln
87,210 00
K'eyboUe &
Co,. Cincln.. .$87,205 00
Denison, Prior & Co., Cleve.. 87.206 00
Lamprecht Bros. Co., Cleve.. 85,860 00
For full description of bonds see Ceironicle March 2, p 451.
These are the bonds awarded on February 5 to E. H. Rollins
& Sons, Boston, but afterwards refused by them upon the
advice of their attorneys, who deemed it desirable to hav«
the Supreme Court pass upon the validity of Section 3994,
under which the bonds were issued.
On the same day (March 16) the district sold $36,000
20-year bonds, $4,000 of which are dated March 1, 1897, and
$32,000 March 1, 1898, to the same banks— namely, the Obio
National and the New First National Bank— at 102264. Following arethe bids
H
8ELMA.— H B. 1492, authorizing bonds.
Tallapoosa Co.- 8. B. 613, authorizing a loan of $5,000.
Tuscaloosa.— 8. B. 185, authorizing $2,£O0judgnQent bonds.
Tuscaloosa Co.— H. B. 1034, authorizing refunding bonds.
Tuscaloosa— 8. B. 140, authorizing refunding bonds.
Other bills relating to bond issues will be found in the
Ohio Nat. Bank, )^„,„^,,.,„ moaa^t^nn] Lamprecht Bros. Co.. CI eve.. $36,360 00
Chronicle Feb. 16, 1901, and Dec. 2i, 1900.
New IstNafB'k, coiumbus..»d6,»l6 oo g Kleybolte & Co.. Clncin... 36.341 OO
Amherst, Wis.— fiond Sale.—The $3,000 1-6-year (serial) Ueuison, Prior* Co.. Cleve.. 36,6C0 00
fire- protect ion bonds mentioned in the Chronicle February
These bonds were held in the sinking fund of the district
23 have been sold to the State of Wisconsin at 3^i interest.
as an investment, and a descriplion of the same will be found
Antelope, Ore. No Bids Received. We are advised by in the Chronicle March 9, p. 500.
A. M. F. Kirchheiner, City Recorder, that no bids were re
Uajton (Iowa) Independent School District.— Bo/ids
ceived on March 15 for the |3,500 5^ 10-year bonds offered for Voted. —This dibtrict has voted in favor of issuing bonds fcr
sale on that day. The city will now try to sell the bonds at a new school house.
private sale.
Dajton (Wash.) School District.- Sends Defeated.—
Attleborough, Mass. Bond Offering.— Proposais will be proposition to issue $40,000 school- house bonds was voted
received until 4 p. m., April 1, 1901, by Frank Babcock, Town upon on Feb. 23, 1901, and defeated.
Treasurer, for $20,000 Z}4% water-supply bonds. Securities
DenTCr, Volo.— Bond Sale.— On March 16 the Board cf
were authorized at the town meeting held March 4 and are Public Works sold six issues of bonds as follows
issued under the authority of Chapter 57, Laws of 1901.
A warded io Pulsifer <t Toung.
They are in denomination ot $1,000, dated April 1, 1901, and $4,000 bonds of Capitol Ulll Storm Sewer District No. at lOfi-SP.
will mature April 1, 1931.
1,100 bonds of Sub District No. 6, Capitol Hill Siorm Sewer District No. 1. at
Interest will be payable semi-anlOO-tiO.
nually at the Boston Safe Deposit & Trust Co. of Boston,
3.000 bonds of North Denver Grading District No.
at lOL
if.oOO bonds ot North Denver Sanitary Sewer District />io. 4 at lOJ,
Mass.
Awarded to Buuh Murphy.
Beaver County (P. 0. Beaver), Fa.— Bond Offering.—
Proposals will be received until 12 u., March 26, by the $2,0C0 bonds of Sub-District No. 15, Capitol Hill Storm Scwcr District No. 1. at
100-80.
County Commissioners, for $30,000 S}/^% court-house-iepair 2,OC0 bonds
of Sub-District No. 19, Capitol Hill Storm Sewer District No. 1. at
100-85.
bonds and $55,000 3^^^ bridge bonds. Interest on these bonds
will be payable semi-annually.
The above bonds all bear 6i interest.
They are free from taxation.
A car ti tied check for $oOO will be required with ids.
East Pittsbnrg, VsL—Bond Sale.— Oa March 18 the $55,000
Biddeford, M.e.— Temporary Loan.— This city recently bor- i}^i street-improvement and sewer bonds were awarded to
rowed until Dec. 5, 1901, the sum of |25,000.
P. W. Morgan, Vice-President of the Commonwealth Bank
J
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:
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:
THE CHRONICLE.
592
of East Pittsburg and Cashier of the East Pittsbnrg National
Bank of Wilmerding, at 106*10 and accrued interest. Following are the bids
p. W. Morgan, E. Pittsburg.. $68.8&5 00 Lawrence Bamum &Co.,N.Y. 157,092 75
Deulsou. iTior & Co.. Cleve.. 67,760 00 1-ampreoht Bros. Co.. Cleve.. 56,075 00
Farson. Leach & Co., N. Y.... 57,855 aO SeasonKOOd & Mayer, Cincln. 55,ft0D00
For description of bonds see Chronicle March 16, p. 545.
Englishtuwu, Moniuontli County, N, J.—Bmd Sale,— Oa
March 11 the $5,000 5% 30-year water bonds were awarded to
W. R. Todd&Co,, New York, at 110. Following are the
bids
W.
:
R.
Todd & Co., New York.,. 110-00
Lawrence
Bamum & Co.,N. Y.*111'25
Penhal« & Fisher, New York..*115'60
H.l'oor &Co., New York..*115'03
W
Walter Stanton &Co..N. Y....*lla-26
Jno. U. Kveritt
C. K.
W.
106-00
,...lU4-95
103-70
103-50
Freehold Banking Co
M. A. Stein. New York
WiUiams & Co., PittBb'g..*lli'3S
S.
Hayes*
J.
& Co.. N. Y
Sons, Cleve
100-00
A. Kean, Chicago
Bids rejected.
of bonds see Chronicle March 9, p. 500.
Erie (Pa.) School District.— i^onds to be issued.— This dis-
For description
trict will issue in
bonds.
March
or April of this year $27,000 4%
be in denomination of $500, dated
Interest will be payable semi-annu-
Securities will
probably
May
1,
1901.
$3,000 yearly. An issue of
$5,000 1-5-year (serial) bonds will most likely be sold at the
same time.
Fall Riyer, Mass.- Pond Sale.-On March 21 $20,000 S}4%
30-year water and $25,000 3}4% 30-year sewer bonds were
awarded to Mason, Lewis
Co., Boston, at 107-80— an interest basis of about 3-10^. Following are the bids
107-28
107-80
Kstabrook &"Co., Boston
Mason, Lewis & Co., Boston
Geo. C. White Jr.. New York.... 107-19
Blodget, Merritt&Co.. Boston. .lo7-61
107-58
107155
N. W. Hams & Co., Boston
M. A. Stein, New York
mature
Principal will
ally.
&
:
Denison, Prior & Co., Cleve
Adams & Co., Boston
>Y. J. Hayes & Sons. Cleve
Day &
107-388
K. L.
1(7-31
Blake
1C7079
1C682
Co.. Boston
Bros.* Co.. Boston
107-285
Fort Atkinson, Wis.-Bond Q^ering^.— Proposals will be
received until 1:'60 p. m , April 3, by the City Council, for
$35,000 314% bonds. Securities are in denomination of $500,
dated May 15, 1901. Interest will be payable semi-annually
in New York City or Chicago, at the option of the purchaser. Principal will mature yearly on February 1 as fol$1,500 from 1902 to 1911, inclusive, and $3,000 from
1912 to 1921, inclusive. Proposals must be accompanied by
certified check in the amount of $100.
Fredericksburg, Y a.— Bond Sale.— Oa March 15 the $18,000 10 30year (optional) sewer bonds were awarded to the
Garnett National Bank of FredericksConway, Gordon
burg at 100"30 for four per cents. Securities are dated April
nd the interest will be payable semi-annually.
1, 1901
Gibson County, Ind. JSond Sale. This county on March 6
sold an issue of $46,960 Columbia Township gravel road
Co., Cincinnati, at 101'512.
bonds to Rudolph Kleybolte
Following are the bids
K. Klevbolte & Co., CIncin... 147,670 00 Seasongood & Mayer, Cin.... $47,435 50
W. J Hayes & Sons. Cleve... 47,460 00 People's Nat. B'k, pr\r,npt'r,
47 <ifiO (JO
no
fnncet n 4/,3b0
47,460 00 Farmers' Bank,
}
W. K. Toad & Co., Cincln.
lows
—————— —
:
:
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.
Hagerslown, Md.
.
.
Bond
Offering.
—Augustus Heimel, Tax
Collector, will sell at public auction at 11 A, m. March 26 an
issue of $23,000 4% electric-light and improvement bonds.
Securities are in denomination of $500. Interest will be payable January 1 and July 1, and the principal will mature
$1,000 yearly on July 1 from 1941 to 1963, inclusive. Bonds
are free from county and municipal taxation. The authority for the issuance of these bonds will be found in Chapter
38, Laws of 1898, and Chapter 75, Laws of 1900.
Hamilton (Ohio) School District. Bond Offering.— Proposals will be received until April 3 by the Board of Education— W. N. Andrews, Secretary— for $12,000 4% 2i>^-year
(average) bon ds. Securities are in denomination of $500.
certifiecl check for b% of bid will be required with proposals.
Hart County, Ga. Bonds Defeated. At an election held
March 9 the proposition to issue bonds for a court house
failed to carry.
A
—
Hartford (Conn.), Northeast School District.— Bonds
—
Proposed. This district se^ks legislative authority to issue
$100,000 bonds. The bill has already passed the House.
Hartford (Conn.), Sonth School District. Bond Bill
Signed.— The Governor has signed a bill recently passed by
the Legislature providing for the issuance of $300,000 4%
bonds.
—
Harvey, 111. Bonds Voted. This place has voted to issue
$5,000 fire protection bonds. The details of this issue and the
date of sale are yet to be determined upon.
lola (Kan.) School District.—Bond O^eringr.— Proposals
will be received until March 27 by E. C. Kemsberg, Clerk of
the Board of Education, for $30,000 15-20 year (optional)
school- house bonds. Securities are in denomination of $1,000,
dated May 1, 1901. Interest will be at a rate not exceeding
[Vol. LXXII,
—
La Plata County, Colo. Bond Sale. This county has entered into an agreement with E. H. Rollins
Sons, Boston,
whereby that firm takes an issue of $91,500 4^4% refunding
bonds at par. Securities are in denomination of $500, dated
March 1, 1901. Interest will be payable semi-annually at the
office of the County Treasurer. Principal will mature March
1, 1921, subject to call after March 1, 1911.
Lauderdale Couniy, Ala.— Bortd Sale.— On March 14 the
$40,000 4}4% 30 year court-house bonds were awarded to F. R.
Fulton
Co., Chicago, at 105-2.5 —an interest basis of about
4-191jg.
For description of bonds see Chronicle March 2, p.
&
&
451.
Lawrence, Mass.— Bond Sale.— On March 20 the $50,000 A%
school bonds were awarded to Geo. A. Fernald
Co., Boaton, at 103-807— an interest basis of about 3'17l^.
Following
are the bids
Geo. A. Fernald & Co.. Boston.. 103-807 Blake Bros. & Co., Bost««
103-41
Adams & Co.. Boston
103-710 N. W. Harri s & Co., N. Y
10:v3l2
Blodget, Merritt & Co., Boston. 103-67
103-899
Mason, Lewis & Co.. Boston
R. L. Day & Co., Boston
103 67
108-27
Parkinson & Burr, Boston
K. U. Rollins & Sons. Boston. .103-656 Jose, Parker & Co., Boston
103-i:3
&
. .
Denison, Prior
&
Co..
Cleve
103-577
8.
A. liean, Chlcaao
102-94
Bonds mature $5,000 yearly on October 1 from 1901 to 1910,
inclusive. For further description see Chronicle March 16,
p. 546.
—
Louisville, Ky. Highest Bids. The highest bids received
20 for the $692,000 d}4% 40 year gold refunding bonds
were those of E. W. Hayes of Louisville, who offered 109 for
$41,000 of the bonds, and the Fidelity Trust
Safety Vault
Co. of Louisville, which institution offered 108}^ for the
same.
full list of the bidders will be given next week.
Lunenburg County, Ta.—Bond Bill Passes Legislature,
The State Legislature before adjournment passed a bill
authorizing $6,000 bonds.
Madison, Me. Bonds Voted.— At a recent town meeting it
was voted to borrow $10,000 for a new school house.
Maiden, Mass. Loan Proposed.— The Board of Aldermen
is considering a loan of $50,000 to widen Salem Street.
Marquette, Mich.— BoTid Offering. Proposals will be received until 6 P. M., April 5, by the Board of Fire and Water
Commissioners— E B. Palmer, President— for $35,000 4% retunding bonds. Securities are in denomination of $1,000,
dated April 1, 1901. Interest will be payable semi-annually
at the office of the City Treasurer. Principal will mature
April 1, 1916.
Description of Bonds. The $25,000 improvement bonds
which we stated in the Chronicle last week had been sold
were awarded on March 4 at private sale to Denison, Prior
Co., Cleveland, at 103-60 and blank bonds free of charge.
These bonds are dated March 1, 1901, and will mature March
March
&
A
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—
—
&
1,
1921.
—
Matagorda County, Texas.- Bond Election. An election
will be held March 26 to vote on the question of issuing $40,000 4^ 5 20-year (optional) bridge bonds.
—
Minneapolis, Minn. Certificate Sale. Oa March 80 the
$186,000 4% certificates were awarded to M. A. Stein,
York, at 106 189. Following are the bids
$197,511 54 W. J. Hayes & Song. Cleve. .$195,170 00
M. A. Stein, New York
New
:
I
196,285 80
S. A. Kean. Chicago
Minn. Loan & Tr. Co. and
Stoddard,
For
Nye
s,
Co
198,051 00
Denison, Prior
|
&
Co.. Cleve. 194,296 60
Cin... 194,027 76
Seasongood & Mayer,
Kane &
I
Co. (for $70,000) ....
full description of certificates see
73.746 00
Chronicle March
16, p. 546.
Mobile, Ala.— Bond Sale.— On March 14 the $60,000 4^ im-
provement bonds were awarded to the First National Bank
This was the only bid received in time
These bonds mature March 1, 1931, the
city, however, reserving the rie;ht to redeem at 105 any part
of the same after four years. For description of bonds see
Chronicle March 9, p. 501.
New Albany, Miss. Bond Offering. Proposals will be re-
of Mobile at 102-50.
to be considered.
—
ceived until 7 p. M,, March 25, at the office of the Clerk of
the Board of Mayor and Aldermen, for $10,000 6% schoolhouse bonds. Interest will be payable annually at the office
of the Town Treasurer. Principal will mature twenty years
from date of issue, subject to call after five years. Proposals
must be accompanied by a certified check for S% of the
amount of bid, payable to the Mayor and Board of Aldermen.
Newbern, Teuu. Bo7id Offering. Proposals will be received until 2 p. M., April 1, by H. J. Swindler, Mayor, for
110,000 5% 20 year water and light bonds. Interest will be
payable semi-annually. Proposals must be accompanied by
a certified check for $200.
New Brighton, Pa.— Bond Sale.— On March 18 $30,000 4^
gold bonds of this borough were awarded to the National
Bank of New Brighton at lOl. Following are the bids :
—
payable semi-annually in lola, Kan.
National Bank of N. Brighton. .lOl-OOJ Equitable Trust Co., Pittsburg. 100*225
Itasca Couuty (P. 0. Grand Rapids), Minn.—Bond Offer- Citizens' Bank of Evans City... 100-30
ing. Proposals will be received until 2 p. M., April 2, by E
Securities are in denomination of $1,000, dated March 1,
Principal will mature $5,000 yearly on September 1
J. Farrell, County Auditor, for $15,000 5% 20-year gold road
1901.
and bridge bonds, issued in accordance with Chapter 289, from 1901 to 1904, inclusive.
Laws of 1895. Securities are in denomination of $1,000,
New Britain, Conn. Bonds Voted. At a town meeting
dated Dec. 1, 1900. Interest will be payable semi-annually held March 4 it was voted to issue $75,uC0 3]4% funding
at the First National Bank, Chicago, 111. Proposals must be bonds.
accompanied by a certified check in the sum ot $500, p-ayable
New Castle County, Del.— Bond Bill Passes Legislature.—
to C. C. Miller, County Treasurer.
The State Legislature has authorized a loan ot $75,000 for
La Crosse, Wis.— Bond Sale. On March 15 an issue of the completion of the county work-hoQse.
$20,000 'd}4% high-school bonds was awarded to N. W. Harris
New Hartford, Conn.— Bonds Fbfed.— This town has voted
& Co., Chicago, at 101 "54. Folio tving ar^ the bids :
to issue $36,000 d}4% bonds.
N. W. Harris & Co., Chicago. $15,308 00 Mason. Lewis & Co., Chicago.81B,174 00
New Orleans, La.—Bond Saie.— On March 12 the $115,Trowbridge &NlverCo.,Chic. 16,266 00 Farson, Leach & Co., Chic... 15,187 50
W. J. Hayes & Sons, Cleve... 16.-^32 00 K. Kleybolte & Co., Cincln. 16,011 00 597 83 4% judgment bonds were awarded to M. W. Newman
Minn. L. & Tr. Co., Minn'lis.. 15.230 00
at 104. Following are the bids
Securities are dated March 15, 1901, and the interest will
104-00
Louisiana State B'k (for $25,000). 102-00
M. W.Newman
100-00
be payable semi-annually.
Germania Sav. B'k, N, Orleans. 103-276 S. A. Kean, Chicago
5^,
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THE CHRONICLE.
23, 19C1.]
Securities are dated July 1, 1893, and viiU mature in fifty
years after that date, subject to call after the year 1925. For
further depcription of bonds see Chronicle March 9, p. 501.
New Rochelle, N. Y—Bond Sale. -On March 19 the .$38,000 '6}4% 10-28-year (serial) street-improvement bonds were
awarded to Dick Bros. & Co., New York, at 105-43. Following are the bids
104"01
Denlson, Prior & Co., Cleva
10j'j|3
Dkk Bros. & Co.. New York •• 104'7.1
W. U. Tofid & Co.. New york...l<)4-(
AI A Stein. New York
Lfiiich
(•arson.
Co..N.
10.3 75
1C4'«8
&
Y
SoriB.(;ieve
W. J. Ilnyes &
Seymour Bros. AC"., N. Y
lOa-66
Tho™ps'>n,Tenney& Crawford,
104-39
t,awreiice Barnum & Co., N. Y.loa-60
New York
5^8
Roanoke, Ala.—Bonds to be Issued.— This city will offer
wati-r and $10,for sale the latter part of next month $25. 0(
000 electric light 5^ 40-year bonds, R. G. Rowland is the
City Clerk.
Ross County (P.O. ChilHcothe), Ohio.— Bond Offering.—
Proposals will be received until 12 M., April 2, by Harry S,
Adams, County Auditor, for $38,000 6 per cent bond-g, issued
for the repair and improvement of the court house and jail
residence. Securities are issued under authority of Section
They are in denomination of
871, ReviFed Statutes of Ohio.
April 15, 1901. loterest will be payable eemidated
.$1,000,
100-29
104-04
8. A. Kean. ChlcttKO
K. Klevbolte & Co.. N. Y
annually. Principal will mature $5,(00 each six months
N. W. Uarris&Co., New York.. 101-04
from July 1, 1903, to July 1, 1906, inclusive, and $3,000 Jan.
For description of bonds see Chronicle March 16, p. 517.
A certified check for $500, payable to the County
1, 1907.
Bond
Sale.—
District.—
On
School
Y.)
Falls
(N.
Niagara
must accompany proposals.
Auditor,
March 15 the §25,000 4% 20-24-year (ferial) gold school bonds
Ala..— Bond Sale.— On March 18 the $12,500
Rnssellville,
Crawford,
New
York,
Tenney
&
Thompson,
to
were awarded
bonds were awarded to W. J. McDongold
school
year
20Q%
Following are
at 113*94— an interest basis of about 3'12;^.
at 102-648 and accrued interest from
Chicago,
&
Co..
ald
the bids
March 1, 1901. Following are the bids
12-.58
.118-94
A. Koan. ChicaBO
:
Thompson, TennevA Crawford
UiCOS
NiaKara Co. Savings Bank
8.
1
C.
II.
Williams
&,
Co.. Pittsbnra.llSl?
Co.,
york.112-16
New
C. .Jones &
H. Todd &Co.. New York.... ll'.J10
Kleytxilte
&Co..Cincln
11180
K.
Denlson. Prior & Co.. (Move.. .111-57
W
Harris & Co.. New York.. l)H-6a
N.
Dick Bros. & Co.. New York.... 113-lrt
ll:-.-025
Jos. E.Gavin, Huflalo...
Edw.
W.
n2-H7
New York
M
Farson, Leach & Co.,New York.H<r2«
Alien, Sand & Co., New York.. .112-89
110-07
112-695 Seymour Bros. & Co.. N. Y
W.J. Hayes & Sons. Cleve
A. Stein,
.
.
I.
,
W.Sherrill.PouKhkeepslo.... 112-07
I
For description of bonds see Chronicle March 9, p. 501.
Oktibbeha County (P. 0. Starliville), Miss.— Bond Offering Withdravm.— We are advised hy R. M. Cotton, County
Treasurer, that, owing to some irregularity in the advertisement, the county has withdrawn for the present the offering
for sale of $25,000 6^ courthouse bonds. This sale was to
take place on April 1. When re-advertised, the bonds will
bear 5% interest instead of Q%, as stated ia the old offering,
and will mature jn 20 years instead of 25 years, with a fiveyear option.
Orleans (P. 0. New Orleans, La.) Levee District.— 0/er
Tenders will be received until 12 m.,
to Purchase Bonds.
March 25, by T. J. Duggan, Secretary oP the Board of Commissioners, for the sale to the board of $50,000 bonds of this
district issued under Act No. 116, Laws of 1898.
Oswego, N. Y.— Temporary Loan This city has borrowed
$10,000 from local banks at i% for school purposes.
Pari?, Out.— Debertture Sale.— Thia town has sold an issue
of $15 OCO i% electric-light debentures to the Mutual Life Association Co. of Canada at 102*20. Securities are dated
March 1, 1901, and will mature in varions amounts yearly on
March 1 from 1902 to 1921, inclusive. Interest will be pay-
—
—
able semi- annually.
Penobscot County,
Me
of $125,000 court house
State Legislature.
—Bonds Proposed.—The
bonds
issuance
being considered in the
is
Pleasant Township, Tan Wert County, Ohio.— Bo«d
ing.
— Proposals will be received
until 12 M., April 2,
Offerby C.
F. Manship, Township Clerk, for $60,000 i% 4-20-year (serial)
road bonds.
Portage County, MVls.—Bond Bill Passes House.— The
House has passed a bill authorizing $800,000 33^^ 10 year refunding bonds.
Portland, Ore. Bond Offering.— Proposals will be leceived until 2 p. m., April 1, by the Committee on Ways and
Means of the Common Council, care of Thomas C. Devlin,
City Auditor, for all or part of $2.>,000 6^ gold 10-year improvement bonds as may be authorized to be issued. These
bonds will be in denomination of $500 and are to be dated
when authorized. Interest will be payable semi-annually at
the office of the City Treasurer. A certified check for b% of
bid, drawn on some bank in Portland and made payable to
the Mayor, must accompany proposals.
Bond Offering. Proposals will be received until 2 P.M.,
April 15, by the Committee on Ways and Means, care of the
City Auditor, for $56,500 4% 20-year gold refunding bonds.
Securities are in denomination of $500, daoed May 1, 1901.
Interest will be payable semi-annually at the office of the
City Treasurer. A certified check on gome bank in Portland for 6% of the parvalue of the bonds bid for and made
payable to the Mayor must accompany proposals.
Potter (Town) N. Y.— Bonds Voted.— At a recent town
meeting the Supervisor was authorized to issue $30,000 refunding bonds. The new bonds are to be dated Sept. 1, 1902.
Racine, TVIs.— Bids.- Following are the bids received
March 11 for the $50,000 4% paving bonds awarded, as stated
last week, to the Commercial & Savings Bank, Racine, at
—
104-43
Commercial
Racine
& Savings
Bank.
$52,215
Manufacturers' National B'k.
Racine
S2.214
N. W. Harris & Co., ChicaKO.. 52,080
M. A. Stein. Now York
.52.(180
Denlson. Prior & Co.. Cleve.. 51,966
For
R. L.
00
00
00
00
00
Day &
.T
John Nuveeu&
Co.. Chlc.$12.8:n 00
Co.. Chicago. la.HOl 50
1
I
For description of
Ala.Tr.A B3nk'gCo.,Sherid.tl2,500 00
W.J. Hayes* Sons (less ex12,500 00
pcnscM. 4c.)
bonds see Chronicle March
9, p. 502.
St. Joseph, Mich.— i:ond O^ermg,- Propcsals will be received until 2 P. II. March 2^ by Leland D. Townsend, City
Clerk, for $12,000 4% electric-light bonds. Securities are in
denomination of SI, 000 and will be dated not later than Sept.
Interest will be payable either in New York, Chi1, 1901.
cago or in St. Joseph, at the option of the purchaser. Principal will mature in twenty years. A certified check for 5%
of the amount of the bonds must accompany proposals.
St. Joseph (Mo.) School District.- Bond £/ecfion.— The
Board of Education has decided to hold an election March
30 to vote on the question of issuing $150, OOu Echool bonds.
Saratoga Springs, N. Y.— Bond Sa/e.— On March 15 this
village sold at public auction $'.^5,000 4% sewer and water
bonds to the First National Bank of Saratoga Springs at the
following prices
f5,000
6,000
6,000
due Sept. 1. 1907
due Sept. 1.1908
due Sept. 1, 1909
®105-C0
@105-04
®106-50
15.000
5,000
Boston
»6I,('0a
,10
51,905 00
6 1,7 ^^S 00
51,431 o
1
M,0>7 00
£1,050
i
60,51100
Chronicle March
2,
®107-10
due Sept. 1,1910
due Sept. 1, 1911
©lOSSl
Securities are in denomination of .$.5C0, dated March 1, 1901.
Interest will be payable semi-annually at the above-named
bank.
Y.—Bond Bills Become Laws.— Chajtter
of lUOl, authorizes this city to borrow $35,000 to
pay certain indebtedness, and Chapter 64 authorizes a loan
of S26,000 to pay fire-department indebtedness.
Schuyler County, III.- t^ond Sole.- On March 12 the
$12,000 5 per cent 3-5 year (serial) .jail bonds were awarded
For
to the Bank of Schuyler County, Rushville, at 105"58.
description of bonds see Chronicle March 2, p. 453,
SealVirU, Del.— Bond hill Passes Legislature.— The bill
providing for the issuance of water, light and sewer bonds
Schenectady, N.
63,
Laws
has passed^the Legislature.
Sebring, Ohio.— Bond Sale.— On March 2 the 6 000 5 per
cent 10 21 year (serial) town hall bonds were awarded to
.*
R. Todd & Co., Cincinnati, at 111-66.
South Arm Township, Charlevoix County, Mich.— Bonds
Voted.— At an election held March 1 this township voted in
favor of issuing .$1 5, OCO road and bridge bonds.
South Bend, Ind.— Dei^cription of Bonos —The $5,000 4%
general-improvement bonds, the sale of which we reported
last week, are in denomination of $1,0(0, dattd March 1, 1901.
Interest will be payable semi-annually at the National Park
Bank, New York City. Principal will mature $1,000 yearly
on March 1 from 1906 to 1910, inclusive.
Spartanburg(S.C.) School District.- Bond BiU Passes
House. An Act authorizing an election in this district to
W.
—
vote on the issuance of bonds has parsed the House.
Spottsylvania County, Ya.— Bond Sale.— This county has
placed on the market $8,500 5% 6-lC-year (serial) bonds, issued
to repair the court hous"^. Of the above bonds $6,700 were
sold last November, as stated in the Chronicle at the time,
and the remainitg $1,8C0 were sold on March 1, 1901, all the
bonds being taken by local investors at about 105.
Springfield, Mo.— Bonds Fo<ed.— At a special election held
in this city on February 27 the proposition to issue $35,000
by a large ma4<i 5 20 year (optional) viaduct bonds carried
jority. These bonds will be in denomination of $500, dated
June 1, 1901. The date for their sale is yet to be determined
upon.
Thomaston, 9a.— Bonds Voted.— On February
Co..
A. Kean, Chicago
Karson, Leach i ('o.. Chic...
Seasontrood tc Mayer, CIdcId.
H. Kleybolte A Co.. Clnoln..
W. 1{. Todd A Co.. Cincinnati
Chas. U. Coffin. Chicago
a.
full description of securities see
W
McDonald &
21 this city
authorized the issuance of the $10,000 electric-light bonds
mentioned in the Chronicle Feb. 16.
Troy, Ohio.— Bond Sale.- On March 19 the $8,000 4% 10year funding bonds were awarded, $2,000 to A, C. Cable,
Covington, at 1(6 10, and the remaining $6,000 to the First
National Bank of Troy at 102-533. For description of bonds
p. 452.
see Chronicle March 2, p. 454.
Mass.— Bonds Voted.— At a town meeting held
Tully (N. Y.) School District.— Bonds T'offd.— This disMarch 4 it was voted to issue $73,000 water bonds.
trict has voted in tavor of issuing $15,000 6-20-year (serial)
Reading, Mich.—Bond Election.— This place will vote in bonds. The date for the sale and other p^rtiiulsra of the
the near Juture on the question of issuing $6,000 electric- issue have not yet been determined upon. J. L. Lawrence is
Reading-,
light bonds.
Rome, N. Y.— Bond Offering.— K.
berlain, will offer for sale at 2 p. m.
B^%
Putnam, City ChamMarch 30 the following
S,
1-4- year (serial) paving bonds :
14,197 99 West Domlnick Street bonds.
1.407 92 North Washington Street bonds.
6,748 18 "East Domlnick Street bunds.
Securities are all dated April
be payable annually.
1,
1901,
and the
interest will
Clerk of the Bourd of Education.
Vancouver, Wash.- Bo?id 0#fri7?gf.— Further details are
at hand relative to the offering for sale en March '25 of $45,000 gold refunding bonds. Proposals for these bonds will be
received until 7:b0 P. M. on that day by J. J. Beeson. City
Clerk. Securities are in denominations of $500 and $1,000.
Interest (rate to be named in bids) will be payable semi-annually. Principal will mature as follows: $5,000 in five
—
tHE CHRONICLE.
694
yeats, $10,000 in ten years and a like amount in fifteen years,
and the remaining $20,000 in twenty years; alllonds, however, which remain nnpaid at the time are subject to call
certified check for 1% of bid must acafter fifteen years.
company proposals.
A
\iTginia.— Bonds Purchased.— On H&Tch 20 the CommisFand purchased the following bonds
sioners of the Sinking
j>
«..
w
Mnwrv
VY.MOwry
:
5
^
$5,000 Century
lO.oooCentury
Cenlurv
6,0(0 Century
bonds
bonds
bonds
bonds
bonds
bonds
bonds
bonds
f 1*15,000
Thos. Branch
& Co
I
5,000
Century
(
5,00i)
(Century
I
I
I
@96-25
@96 2t
@96-95
@9600
;
rfs96-05
@9e*10
(»«615
@9«-25
@96-3S
5,000 Century
6,C00 Century
45,000 Kiddlebergers
Waterbnry, Conn.— Bond Bills Signed.— The Governor
has signed Special Act No. 9, authorizing $100,000 S14% 20year storm-sewer bonds; Act No. 10, authorizing $125,000
20year water bonds, and Act No. 11, authorizing $310,-
3m
000 S}4i 20-year school bonds.
—
Waiertown, Mass. Loan Authorized. At a town meetMarch 11 the Treasurer was authorized to borrow
ing held
$150,000 in anticipation of the collection of taxes.
VVeatherford, Texas.— Bond Election.— Oa March 30 a
vote will be taken on the question of issuing $45,C00 bonds
for water-works purposes.
Wilmington (Del.) School District.- Bowd Bill Pasees
Ltgialattire.
The State Legislature before adjournment
passed a bill authorizing $150,000 high-school bonds.
Yonngstown, Ohio.— Bond Sale.— On March 18 the $2,400
5 per cent Manning Avenue grading bonds and the §1,550
5 per cent Lafayette street grading bonds were awarded to
R. McCurdy, of Youngstown, at 104'92 and 10490 respectively.
For description of bonds see Chronicle Feb. 23, p.
—
404.
[Vol. LXXIi.
Bonded Kate
$
Clifton Township, WashingtonCo.20. 000
Clifton Township, Wilson Co
23,500
Clyde (City), Cloud Co
.41,000
Coldwater (City), Comanche Co. .11,000
Cold water T'p, Comanche Co.
.25,000
Kansas Debt Statement.— We give below a list of debt
statements for minor civil divisions in the State of Kansas
reporting an indebtedness of over $10 000 (excepting only
those appearsng in detail in our State and City Supplement), corrected by means of official returns recently received.
Bonded Rate of
Debt.
Location.
$
Agency Township, Osage Co... .26,000
Agnes City Township, Lyon Co. 20,000
Albion Township, Republic Co... 11, 000
Alma Township, Wabaunsee Co. .29, 000
Anthony Township, Harper Co... 45,576
Applet JwnTwp., Clark Co
15,675
Arcade Township, Phillips Co.. 15,000
Atlanta Township, Rice Co
23,000
Attica Township, Harper Co
10,000
August9 Township, Butler Co. ..23,000
Aurora Township, Cloud Co
15,000
Banner Twp., Dickinson Co
12,000
Banner Township, Harper Co
11,500
Banner Township, Pratt Co
16,000
Banner Township Rush Co
17,500
Barton Co
30,500
Baxter Spgs. (City), Cherokee Co.20,000
Belle Plaine Twp., Sumner Co
28,000
Belle Prairie Twp., Rush Co
16,500
Belleville (City), Republic Co
13,000
Belleville Twp., Chautauqua Co. 2^,000
Bellevine Township, Republic Co.17,000
Beloit Board of Ed., Mitchell Co..26,250
Beloit (City),MitcheUCo
26,600
Interest.
%
6
6
5
5
6-7
Date of
Maturity,
lation(IPOO.)
1. 1916
1917
1921
1929
1905,08,20
1,337
1,619
July
6
5
1908-1909
1929
7
1910
19:9
1910
1918
1916
1920
1907
1916
Feb. 1, 1918
1917
Oct. 1, 1916
1916
1901-1920
1916
..
7
6
6
6
6
6
6
5-6
6
6
5-6
6
5-7
6
6
1904-1915
1904-1914
1916
1916-1917
1907
1907
1912-1916
1929
1919
1917
1916
1910
1910
i910
1907
Bennett Twp., Kingman Co
19,500
6
Blaine Township, Harper Co
18,000
6
Blaine Township, Smith Co
17,000
6
Blue Mound Township, Linn Co.. 42,000 6-7
Blue Rapids (City), Marshall Co. .18,000
5
Blue Rapids Twp., Marshall Co.. 20,000
5
Bridgeport (City), Saline Co
10,000
6
Brown's Grove Twp.. Pawnee Co. 15,000
6
Bruno Township, Butler Co
17,000
7
Buffalo Township, Jewell Co
15,000
8
Burlmgame Twp., Osage Co
20,000
5
Burlington (City), Coffee Co
20,000
5
Burr Oak TownsMp, JeweU Co.. 15,000
8
1910
Burrton (City) Harvey Co
15,000
..
Burrton Township, Harvey Co
26,000
5
1929
Caldwell (City) Sumner Co
21,000 412-6-8
1901-1919
Caldwell Township, Sumner Co... 29,000
b^
1929
Canada Township, Labette Co... 20, 000
6
1916
Caney Twp., Montgomery Co
22,000
6
1916
Canton (City), McPherson Co
10,000
6
1908
Canton Twp., McPherson Co
16,000
5
1906
Carmi Township, Pratt Co
16,500
6
1917
Cawker Township, Mitchell Co... 20,000
8
1S09
Cedar Township, Jackson Co
16,000
6
1916
Cedar Township, Wilson Co
24,000
7
1916
Center Township, Ness Co
30,000
6
1917-1919
Center Township, Norton Co
28,000 6-5ifl
1906-1919
Center Township, Pratt Co
28,000
Mar. 20, 1907
6
Center Township, Reno Co
19,000
6
1916
Center Township, Rush Co
18,500
6
1916
Center Township, WUson Co
6-7
56,500
1910-1916
Center Township. Woodson Co... 14,000
7
1914
Centervilie Twp Linn Co
20.000
4%
1920
Centre Township, Jewell Co
5-8
36,000
1910-1918
Chapman Township, Clay Co
18,000
6
1918
Chase Co
80,000
6
1922
Cherokee (City) Crawford Co
15,000
6
1914
Cherokee Twp., Montgomery Co 22,536
6
1916-1917
Cherry Township and Cherry vale
Montgomery Co
41,500 5-6-7
1901-4-9-19
Cheyenne County
21,500
6
1909
Cheyenne Township, Lane Co
16,000
6
1919
Chicaskia Two., Kingman Co... 18,000
6
1917
Cimarron (City), Gray Co
20,000
..
1920
Cimarron Twp.. Seward Co
20,000
6
1908
Clark's Creek Twp., Morria Co... 15,000
5
1919
,
,
,
Popu.
965
1.529
736
217
531
508
311
60]
770
<i20
415
256
340
13,784
1,641
1,300
2i3
1,833
1,371
658
2,359
682
324
740
1,691
1,100
1601
300
677
1,482
2,938
2,418
1,435
627
509
1,574
656
705
2,235
493
1,034
395
1,398
1,289
998
637
667
260
690
310
2,4)5
2,218
1,696
1,608
700
8,246
1,326
870
4,861
2,64u
203
343
237
475
>
. .
Coolidge (City), Hamilton Co
20,000
Coolidge Twp.. Hamilton Co
18,000
Cooper Township, Stafford Co. ..16,000
Council Grove, Morris Co. (Township and City)
79,500
Courtland Twp., Republic Co. ...11,000
Crawford Township, Crawford Co.25,000
Creswell Township, Cowley Co. .18,000
Culver Township, Ottawa Co
15.000
Decatur Co
39,500
Delano Township, Sedgwick Co.. 12,000
Delaware Twp., Jefferson Co
80,000
Dexter (City), Cowley Co
13,000
Dexter Township, Cowley Co
10,000
Diamond Valley Twp., Morris Co. 15,000
Dixon Township. Sumner Co
20,500
Dodge City, Ford Co
43,000
Douglass (City). Butler Co
16,Q00
Douglass Township, Butler Co.. .21,500
Duck Creek Twp., Wilson Co
15,000
Eagle Township, Harper Co
16.000
Eagle Township, Sedgwick Co...l5,('00
Eden Township, Sumner Co
19,500
El Dorado (City), Butler Co
52,000
El Dorado Tovraship, Butler Co. .45,000
13,000
ElkCountv
Elk Township, Cloud Co
41,950
Elk Falls Township, Elk Co
15,000
44,u oO
EUls County
Ellsmore Township, Allen Co.... 20,000
10,000
Ellsworth County
Elm Grove Twp., Labette Co
15,000
Elm Township, Allen Co
20,000
16,000
Emma Township, Harvey Co
Emmett Township, Norton Co 10,000
Empire Township, Ellsworth Co. 24,000
24,000
Empire Twp.. McPherson Co
Il,5o0
Erie (City), Neosho Co
Erie Township, Neosho Co
30,000
12,000
Eureka Township, Barton Co
Eureka Township, Greenwood Co. 17,500
10,000
Eureka Tow-nship, Rice Co
.16,000
Eureka Township, Saline Co
Everett Township, Woodson Co.. 15,000
Ezbon Township, Jewell Co
15,000
Fairview Township, Cowley Co. .10,000
Fairview Township, Ford Co ...18,900
Fairview Township, Russell Co.. 21, 000
Falls Township, Sumner Co
18,000
15,000
Fargo Township, Seward Co
12,00o
Farmer Township, Rice Co
40,000
Finnev County
15,000
Ford Township, Ford Co
Forrester Township, Ness Co.... 15,000
28,000
FrankUn Twp., Jackson Co
30,000
Garnett (City), Anderson Co
33,000
Girard (City), Crawford Co.
22,000
Goodland (City), Sherman Co
13,000
Grant Township, Barton Co
Grant Township, Harper Co. . . ., .12,900
10,000
Grant Township, Jewell Co
22,500
Grant Townslaip, Neosho Co
34,000
Grant Township, Reno Co
28,000
Great Bend City, Barton Co
Great Bend Township, Barton Co.41,463
62,500
Greeley County
20,000
Greeley Twp., Sedgwick Co
11,500
Greenfield Township, Elk Co
15,000
Green Garden Twp .,Ellsw*th Co.
AVashington
Co
.25,000
Greenleaf (City),
45,500
Greensburg (City), Kiowa Co
17,000
Grove Township, Reno Co
Groveland Twp., McPherson Co. 18,000
Guelph Township, Sumner Co. ..16,000
Guilford Township, WUson Co. . . .32,000
Hanover (City). Washington Co.. 13,000
22,000
Harper County
20,00O
Harrison Twp,, Nemaha Co
25,000
Haven Township, Reno Co
Haynesville Township, Pratt Co. 19,000
12,000
Hays Township, Stafford Co
15,000
Hazelton (City), Barber Co
Hendricks Twp., Chautauqua Co.21,000
Herington (City) Dickinson Co. .52,000
50,000
Hiawatha (City), Brown Co
10,000
Hickory Township, Butler Co
10,000
Hill City, Graham Co
10,000
HUl City Twp., Graham Co
12,000
Holton (City), Jackson Co
19,000
Homestead Twp., Barton Co
Hope Township, Dickinson Co... 12,000
32,000
Horton (City), Brown Co
24,000
Howard Township, Elk Co
Howard Township, Labette Co. .15,000
33,200
Humboldt (City), Alien Co
Illinois Townsuip, Sumner Co. ...19, 000
Indian Creek Twp., Anderson Co.10,000
25,000
Ingalls Township, Gray Co
26,500
lola City, Allen Co
63,250
lola Township, Allen Co
22,500
Isabel Township, Soott Co
Itaska Township, Sherman Co. ..14,000
22,000
luka Township, Pratt Co
10,000
Jackson Twp., Anderson Co
10,200
Jackson Township, Riley Co
Jefferson Twp., Chautauqua Co 16,000
Jefferson Township, Jefferson Co.25,000
Junction Township, Osage Co ...24,000
Kanopolis (City), Ellsworth Co. .10,000
30,400
Kearny County
.
Kechi Township, Sedgwick Co... 10, 000
Kenneth Township, Sheridan Co.14,000
King City Twp., McPherson Co.. 16,000
49,000
Kinsley (City), Edwards Co
24.000
Kiowa (City), Barber Co
25,000
Kiowa Township, Barber Co
Kirwin Township. Phillips Co. ...18,000
19,000
Lake Township, Harvey Co
20,000
Lakln (City Kearny Co
15,000
Atchison
Co
Lancaster Twp.,
Lane Township, Greenwood Co.. 20,000
) ,
—
1907-16-17
1902-1906
Sept. 1, 1907
1925
1905-1916
1927
1907-1912
1917
6
6
6
6
5
6
5
6
Various.
1920
1912
1918
1916
5-6
1905-1929
1904
1902 1925
1920
1917
1919
190d
1905-1907
1903
1911
7
7
6
6
5
7
6-7
6
7
7
6
1916
1907
1920
1916
6-7
1901-3-5-7
6
A\
6
6
5-6-8
7
6
5
6
6
6
5
5
5
6
6
6
7
4^
9-1910
1909-1920
191
6-7
6
6
5
6
6
6
6
6
1916
1920
1915
July 22, 1917
1917
1918
1904-16-17
1919-1921
7
5
6
1906
1909
1919
1907
.6-7
1907-08-11
7
6
1917
1909
1930
Aug. 2, 1916
1915
1902-1912
1920
July 1, 1906
1917
1917
1907
1916
512
4ifl
7
6
6
4i3
7
6
6
7
6
5-e-6ia
I
6
6
1908-18-21
1917
1915
1919
6
1910
6
1916
6
1916
6
1919
8
1910
6
1906
6 yearly & 1920
7
July 1, 1904
4.\
1919
6
1920
6
6
6-7
6
6
6
6
6
6
7
6
5
6
s\
6
6
4-6
6
5ifl
8
5
6
6
5
263
356
714
1,267
288
360
635
2,710
990
1,650
861
667
9,234
665
1,757
380
1,266
t)98
752
1,942
755
572
569
195
638
468
3,466
1,769
1920
6
1916
6
1908
5
1928
4^2
1920
6
1919
6
1917
6
1917-1919
6
1919
6
1919
6
Mar. 1, 1916
6
1910
6
1,082
1,030
1,157
11,443
1909-1920
1919
1916
1902-1906
1917
1918
1916
bis
(1900).
1907-08-lg
1916
1908
1919
1924
6-7
Popu'
lalion-
1913-1915
1901 to 1905.
1909
1906 to 1913
1917
1902
1906
5-6-7
.
.
1908
1916
4i«
6-7
.
,
Date ot
Maturity.
8
7
6
7
6
Conway Spgs. (City), Sumner Co. 12,500
Couway Township, Sumner Co.. ..28,000
.
STATE AND CITY DEBT CHANGES.
of
Inter e St.
DeOt.
Localio?!,.
1961-1967
1922
1908
1917
1916
1904
1916
1902
July 1, 1916
1920
1911-1925
1920
1919
1916
1917-1918
1907
1930
1909
1929
1919-20-21
1912
1924
672
931
8,626
1,759
9.626
1,454
1,565
781
526
744
929
2,221
2,221
329
707
602
1,004
823
870
565
174
2,024
754
143
636
3,469
434
229
1.476
2,078
2,473
1,059
362
402
924
1,271
584
2,470
463
493
958
1,423
527
854
343
451
573
785
728
987
10,310
1,213
1.369
723
408
143
1,067
1,607
2,829
496
468
746
3,082
1,200
1,155
3,398
2,102
827
1,402
419
598
134
5,791
1,495
81
160
784
851
913
876
1,862
1.188
240
1,107
831
369
523
780
765
965
1,007
516
259
1,994
800
Mahch
THE CHKONICLE.
23, 1901.J
Bonded Rale of
Debt. Inlerest.
Location
%
j?
Date of
Maiuril».
I
lation
(1900.)
1903
1911
8
8
24.000
19,366
44,900
6
1909-10-18
6-7
6-7
190.3-1910
792
278
151
772
1910-16-17
1,139
1919
1929
1917
1905&yearly
1920
1907
1916
146
Le Roy (City). Coffey Co
Le Roy Townahip, Coffey Co
Liberal TowTishlp, Howard Co... l.'i,000
l.'i.OOO
Liberty Township, Coffey Co
6
4,^
Liberty Township, Kinsman Co. 18,0(
25,000
Liberty Townsliip, Linn Co
10,0C0
Liberty Township, Saline Co
Limestone Township, .Jewell Co. 13,000
lilncoln Township, Anderson Co. 12,000
Lincoln Township, PIckinson Co.23,000
Lincoln Township, EllsworthCo.l.T.OOO
20.000
Lincoln Township, Osage Co
23,000
Lincoln Township, Reno Co
McPJierson
Co..
27,000
Lindsborg (City),
Little Caney Twp., f'hantau'a Co. 15,000
6
5
5
6
6
5
6
6
5-7
6
6
23,Ono
H
RiverTwp.. Reno Co
7
Walnut Twp., Butler Co. ..17,000
5-6
30,000
Logan County
8
Lojtan Township, Phillips Co .. 18,000
12,000
Logan Township. Rooks Co
5H
6
Logan Township. Sheridan Co... 18. 000
6-7
30,000
Longton Township, Elk Co
5
Lost Springs Twp.. Marion Co ...10,000
7
LouisburgT'p, Montgomery Co .45.000
McPherson (City), McPherson Co,85,000 5-6-7
McPherson Twp McPherson Co 36,000 5-6
5
Madleon Twp.. Green-wood Co... 17,000
78.000
6
Manhattan (City), Riley Co
20.000
5
Mankato (City), Jewell Co
5
Maple Hill Twp.. WabaunseeCo.. 27,000
18.224
Marion (City), Marion Co....
5^
Bourbon
Co..
10,000
7
Marion Township.
4-7
Allen
Township,
Co..
40,000
Marmaton
Marquette (City), McPherson Co. 12,760
6
6
Marquette Twp., McPherson Co. 20,000
Marysville (Citv), Marshall Co .30,000
5
6-7
36,000
Meade (City). Meade Co
6
MeadeCenter Twp., MeadeCo...l5,000
6-7
Medicine Lodge T'p, Barber Co... 25,000
Milton Township, Butler Co
20,00
6
Mission Township, Neosho Co.... 80,000 8-10
Little
Little
.
Mitchell County.
1917
1908
1906-1918
1907
1916
315
726
9Pil
1
I
I
I
1
1
;
I
I
1
279
985
485
1,962
763
386
284
1921
1919
1909-1917
1914
1909-1916
1907 to 1916
1916-1920
1916
t
1,116
761
1,993
2,996
1
708
1.800
3,438
1907-09-17
1919
1929
1909
1901
1901-1919
1918
1916
1906
890
1,123
1,824
2,29h
1,027
489
1,077
2,()0f5
1903-08-18
326
500
1919
5
6-7
1909-1916
5
1
l,no5
1917
1910
1904-1921
1910
1,677
1,266
462
lOl.'S
1,840
1909
1916
1916
1912
1917-1919
1917
1929
1915
1904
1924
1908-1919
1908
1918
7
7
5
5
6
5
Newbury Twp., Wabaunsee Co... 27,000
Vewton Township, Harvey Co. ..14, 000
5
6
Ninnesf.ah Twp., Sedgwicfc Co...22,<00
15,000
Northampton Twp., Rooks Co
7
Poptilatton.
(1900.)
5^4
47,200 5i«-6
17,000
5
18,000
6
6
UK 8
25,000
18,00u
1919
4»a
16,000
6
1917
10,00o
7
1904
4^2
35,000
1903
15,000
8
1909
6
37.500
1905-1917
ll,50O
5
1914
6
1910-1918
Osawatomie City & T'p, Miami Co. 35,000
49,000
1911-1917
6
Oskaloosa T'p, Jefferson Co
10,000
1907
6
Oxford (City), Sumner Co
1916-1922
Ozark Township, Anderson Co... 25,000 7-6
1917-1929
15,000 4'a 6
Paola Township, Miami Co
7
1906
Park Township, eedgwlck Co.... 12,< 00
7
1903
Payne Township. Sedgwick Co. ..12,000
8
1909
Penn Township, Osborne Co .. .15,000
1908-10-18
6
Phillipsburg (City), Phillips Co. ..40,700
Phillips
Co...
14,000
5
1927
Phillipsburg Twp.,
22,000
6
1915
Phillips County
1925
5
Pla'.nville Township, Rooks Co .16,000
1907
6
Pleasant Township. Lincoln Co. .10.000
1916
18,000
6
Plevna Township, Reno Co
1915
20,000
6
Plum Grove Twp., Butler Co
15,000
1908
6
Plum Township, Phillips Co
1912
15,000
7
Potosl Township, Linn Co
1907
15,000
C
Powell Twp.. Comanche Co
T>
1924
Prairie View Twp., Phillips Co... 15,000
40,450 4-5-6 1904 to 1919
Pratt (City). Pratt Co
1907
6
Protection Twp Comanche Co... 18,000
July, 1916
6
33,000
Quindaro Twp., Wyandotte Co
19.'J00
1902 to 1919
6
Rawlins County..
6
1916
16,000
Reeder Twp., Anderson Co
190.5-1916
21,000
6
Reno Township, Reno Co
l.'i.OOO
1921
6
Rich Township, Anderson Co
7
1909
15,000
RIchtleld City), Morton Co
1915
6
Richland Township. Haivey Co. 19,000
1920
13,000 4V)-6
Richland Twp., Kingman Co
15.704
7
Richland Twp., Labette Co
Norton (Citv), Norton Co
Oak Township, Smith Co
Oakland Township, Clay Co
Ot)erlln (City), Decatur Co
Olilo Township, Morris Co
Ohio Township, Ness Co
Ohio Township. Sedgwick Co
Olathe (City), Johnson Co
Old Houston Twp., Smith Co
Osage (City), Osage Co
Osage Township, Allen Co
1,255
2,667
1,532
704
."05
6-6
1,507
090
808
309
1,202
862
486
9i7
879
490
492
3,451
2,792
986
5,121
1,290
567
1,068
785
818
709
559
1,008
1.502
14,442
549^
721
506
588
819
2,705
173
627
1,213
281
.
1,944
14,647
859
672
Mt. Pleasant Twp.. Labette Co... 10,000
Neodesha Township. Wilson Co.. S5,000
Neosho Falls Twp Woodson Co.. 30,000
10,000
Neosho Township, Coffey Co
27.500
Nesfl City, Ness Co
17,f'00
Nevada Township, Ness Co
,
1,227
6
6
1
2,810
5,241
1,231
604
1.202
61
509
424
1,047
NEW
INVESTMENTS.
LOANS.
^100,000 Bonds. WK OWN AND OFFER
$76,000
OADDO LEVEE DISTRICT
STATEofCOAHUILA,
OF LOUISIANA.
U. 8. OF MEXICO.
LOANS.
Proposals for
$2,500,000 00
OF
The Board
34^ Corporate Stock
OF THE CIT Y OF NEW YORK.
Exempt from
New
1921
960
6-8
NEW
403
815
777
1915
1902-1908
1908
1916
1901-1916
1919-1930
1916
Morton Township. Ottawa Co... .17,(100
Mound City Township, Linn Co.. 39,500
Mound Twp., McPherson Co
18.000
Mound Township. Phillips Co
15,000
Valley Twp., Labette Co. 35,000
224
I
%
$
Location.
I
1
Date of
Maturity.
Debt. Interest.
'
1,615
1,598
8
Mound
1,223
19151916
50.000
Monroe Township, Anderson Co. .39,000
Bonded Rate of
Popu-
Lawrence Township, Cloud Co.. 12,000
LenoraTowDshlp, Norton Co....l5,000
Leott (Citv). WloliltaCo
595
all Taxation in the State of
York, except for State Purposes.
Principal and Interest Payable in Gold.
of Commissioners of the Caddo Levee
WEDNES-
district of Louisiana offer for sale, on
DAY, the 10th day of April, 1«01,
$100,000 OF BONDS,
issaed by authority of Act No. 142 of 19C0, of the
General Assembly of Loui^iiana.
These bonds are lOOof $500 denomination, and 50 of
$1,000 denomination, dated Jan. 1, 1901, and are due
tlfty years from date, but redeemable in forty years
after date, at tbe option of the obliKor.
They hear Ave per cent per annum interest, payable semi-annually by the Treasurer of the State of
Louisiana, interest coupons attached to bonds.
Tliese bonds are secured by taxation and by the
sale of lands of said levee district, and are absolutely safe.
They will bo sold In amounts to suit
6%
GOLD BONDS.
Price to yield 5^t.
&
Trowbridge
Niver
Co.^
CHICAGO, ILL.
First National
Bank
Buildins.
MASON, LEWIS & CO.
EXECUTORS. ADMIMSTllATOBS. GUARDIANS,
BANKERS,
AND OTHKlis HOI.,DlNG TKUST FUNDS ARE
AUTHORlZffiD BY SUCTION « OF AllTK^l.E I purchasers.
BOSTON,
CHICAGO.
Sealed bids will be received at the office of the SecOF CHAPTER 417 OK THE LAWS oF 1897 TO
(iO Devonshire 8U
retary of the Board ot dimmissioners. at Shreve- (ttonadnock BnlldinK,
INVEST IN THIS STOCK.
port. La., up to the hour ol 12 o'clock of WEI>NE8SEALED PROPOSALS WILL BR RECEIVED BY DAY, April 10. 1901, at which time all bids will be
MUNICIPAL
THE COMPTROLLER OF THE CITY OF NEW opened.
RAILROAD
No bid for less than par and accrued Interest to
YORK, at his office. No. 280 Broadway, in the
date of payment will be considered, atid he rijrht to
City ot New York, until
CORPORATION
reject all bids is reserved. Cash, oracertifled
Monday, the 25tli day of March, 1901, for an amount equal to five per cent of oBer,check
Choice lasues.
must
BONDS-
t
at 2 o'clock P. M.. for the whole or a part of the
loUowliiB-descrihed ReRlstered Stock of the City of
New York, heariiii; interest at the rate of
PKK CENT per ann>>m. to wit:
8-^,3UW.U00 ««»
STOCK OF
THKEK
AND ONE HALF
CORPORATE
THE
CITY OF NEW YORK. FOR THE
accompany each
bid.
For further information apply to underslRned, at
Sbreveport, La.
A
November
TWO PER CENT
1.
1P50.
(in iiinnev
•r a certHlvcl cbecU oniiNatlonnl or s^iate
Bank iu the City of Ne^v York) reqiitred.
For fuller information see CITY
to be procured at No. 2 City Hall.
BIRD
S.
COLER,
RECORD.
SEND FOR
~~
March Investments,
THE CITY OF NEW VORK.
DEPARTMENT OF FIN aNCE.COMPTROLLERS MUNICIPAL, RAILROAD AND CORPORATION
BONDS.
OFFICE,
MARCH 18. 1901.
FARSON,
& CO.,
OHICAUU.
NEW YORK.
172 Washington Street,
CHICAGO,
MUNICIPAL
SEND FOR
)-kAN».i#XN
RAILROAD
CORPORATION 5C
DSALSBS IN
BON Do
ecarltlea Nettinir from
Bonds.
131 Euclid ATenue, Cleveland.
4H
10
6 Per Ceat
alwaya on hand.
SKNU FOR LIST.
ROBY ROBINSON,
Investment Securities
ATLANT.4
FOR
LISTS.
8 Exchange Place, Boston.
IL,L.S.
•
•
INVESTM ENT SEC URITIES.
DENISON, PRIOR&CO.
Grade
-
LIST ON APPLICATION.
LEACH
High
oUNUb,
CORPORATION
LIST.
Copies
Comptroller.
Railway and Gas CompauIeKr
LIST ON APPLICATION.
T. B. POTTER,
MUNICIPAL and DriKinc
CONSTRUCTION OF RAPID TRANSIT RAILROAD.
Principal payable
Deposit ot
Street
T. F. BELL. President,
Board of Commissioners of CadduLevee District.
8M¥IMGS BANKS and TRUST FUNDS
S%
NBW
0.
YORK.
PHILA..
Blodget, Merritt
-
.
JONES A
CO.,
NASSAU STREET.
-
1
-
118 SO.
rOUBTH
&
Co.,
BANKERS,
BONDS A SPECIALTY.
EDW.
<J.4.
ST.
16
Congress Street, Boston.
13 Wall Street.
New York.
STATE, CITY & RAILROAD BONDS
THE CHRONKJLE.
696
Bonded Rate of
%
$
Location.
Maturity.
6
Richland Township, Pratt Co. ...16,000
5
14.000
Eichhiud Txrp., Republic Co
12,500
7
Ridscway Twp., Osage Co,
6
Rochester Twp., Kinsman Co.. .18,000
Rock Creek Township, Coffey Co. .29.000 4ifl
6
Rook Creek Twp., Cowley Co .. .18,000
6
Rock Creek Twp., Jefferson Co 20,000
.20,000
5
Rock Creek Twp., Nemaha Co.
5
500
Co..
31,
Rock Cr'k T'p.Fottawatomie
5
Rolling Prairie T?'p., Morris Co. 18,000
Rosedale (Citv), Wyandotte Co. .43,562 s-e-7
15,000
6
Ruella Township, Harper Co
6
8t. Bridget Twp., Marshall Co. ...1.5,000
13.000
,,
St. John ((Mty), Stafford Co
7
Salt Creek Twp Chautauqua Co.20,000
18,000
6
Salt Creek Twp., Lincoln Co
20,.500
6
Sante Fe (City), Haskell Co
14,000
6
Saratoi^a (City). Pratt Co.
5
Scandia Township, Republic Co. 23.000
10 000
6
Scott Township. Bourbon Co
27,000
6
Scott Township, Scott Co
50,000
6
Seneca (Cit y Nemaha Co
Co.
..19,000
6
Seward Township, Stafford
5
Shell Rock Twp., Greenwood Co.15,000
15,000
7
Sheriflau County
26,000
6
Sherman County
22,000
7
Sherman Twp Sedewiok Co
7
Silver Creek Twp., Harper Co. ...17,000
19,000
5
Silverdale Twp., Cowley Co
6
Smith Centre (aty). Smith Co.... 43,000
5
Smokv Hill Twp., McPherson Co.29,740
6
Solomon Township, Graham Co. .15,000
8
Solomon Township, Norton Co. ..10,000
South Haven Twp., Sumner Co... 28,000 5-7
18,000
7
Spring Township, Butler Co
13,000
6
Spring Township, Harper Co
5-7
Spring Creek Twp.. Coffey Co.-. 19,000
SprlDgdale Township, Sumnei Co. 20. 000
7
Springvale Township. Pr-itt Co. .15,000
6
4-6
Stafford
Co
Stafford (City),
16,100
4i«
14,f00
Stafford Twp., Stafford Co
Stanton County
61,000
6
Sterling (City), Bice Co
35,000
6
Stockton (City), Rooks Co
46,000 5-7
514
Stranger Twp., Leavenworth Co. 10,000
5-7
Starr Township, Cloud Co
.16,000
Stohrville Twp., Harper Co
6
24,000
Sumner Township, Osborne Co.. 15,000
8
1907
1926
1902
1917
Got. 6. 1916
1916
1910
1924
1929
1927
1904 to 1913
1909
1919
1918
1916
1918
1918-1920
Sumner Town.ship, Sumner
1916
1908
Jan. 1, 1917
. .
,
)
,
,
/
Co.. .20,000
Superior Twii., McPherson Co
Superior Township, Osage Co
N.
18,000
33,100
6
5
6
INVESTMENTS.
W. HARRIS & CO.,
Chicago,
Debt. Interest.
1920
1916
1922
1916-1925
1917
1918
1910
Jan. 1, 1919
1906
1905
1923
1907 1909
1909-1929
1919
1911
1910-1915
1910
1920
1917-1919
1905
1917
1910-1917
11^20
1918-1920
Mar. 1, 1907
1907-1909
191^
1902-1930
1916
1909
Location.
313
gyoamoreTwp., Montgomery Co. 22,000
Byracuse (City), Hamilton Co
27,000
Timber HUl Twp., Bourbon Co. ..10 000
Tioga Township. Neosho Co
19,600
TongauoxieT'p.Leavenworth Co.20,000
Toronto Twp,, Woodson Co
15,000
TregoCountv
11000
Twin Grove T'p. Greenwood Co.. l.=>,000
Uly8ses( City), Grant Co
37,000
Union Township, Butler Co
11000
Union Township, Jetterson Co.... 30,000
Union Twp., McPherson Co
20,000
Union Township, Rice Co
30,000
Union Township, Rush Co
17,000
Union Township, Sedgwick Co. ..22,000
1,322
1,447
379
1,716
680
1,299
2,380
1,093
1,152
3,270
222
980
69
531
421
128
107
Valley Township, Ellsworth Co.. 10,000
Valley Township, Kingman Co... 20,500
Valley Township, Sheridan Co. ..18,000
Valley Brook Twp.. Osage Co
v3,000
Valley OenterTp.Sedtrwick Co. .10,000
Verdigris Township, Wilson Co. .24,6.^9
Victoria Township, Rice Co
.22,000
WallaceCounty
33,000
WalnutTownship. Barton Co. ...12,000
Walnut Township, Brown Co
18,000
Walnut Township, Butler Co
10,000
WalnutTownship, Crawford Co.. SO.OOO
1,297
1,834
362
1,846
828
632
3,819
3,341
850
481
WaltonTownship, Sumner Co -.19,000
Wamego (City), Pottawatomie C0.3 1,000
Wamego T'p, Pottawatomie Co... 35,000
Waring Township, Ness Co
17,000
Washington T'p, Chautauqixa Co. 18.000
WashingtonTwp., Jewell Co ....15 000
Washington Twp., Nemeha Co... l^000
Washington Twp., Rice Co
20,000
Washington T'p, Wabaunsee Co. .20,000
1,131
1,142
1,952
346
380
1,430
733
576
622
510
199
Washington(City),Wa8hingt'nCo.ll,i'O0
Washington T'p,Washington Co.. 26,000
Waterloo Township, Lyon Co
16,000
18.000
Westminster Twp., Reno Co
West Plains Twp., Meade Co ....15.000
l.OBS
1,518
2,002
1,030
1,160
909
815
758
504
Yates Center (City). Woodson Co.50,000
York Township, Stafford Co
15,000
EXCHANGE,
Ld.,
and
Sold.
Quotations furalshed for purchase, sale or exchange
New York.
'^"'^B^uiidZr^'*'^
Building)
Cable Address :—SAB A.
St.,
The exchange
prepared to entertain
proposals for introdacins South African
and Rhodeslan shares in America.
is
<luly first-class propositions.
A.R.Macfarlane&Co.
Perry, Coffin
&
BA.NS.ER8
Burr,
ji.ND
[Members American
MINN.
60 state Street,
BOSTON.
Act as agents for non-resident property owners and
investors.
F.
E. H.
BOSTON.
FULTON & CO.,
Securities Netting from 3J^ to 6^
ALWAYS ON HAND.
Send for our Investment Circular.
M.
FARSON,
Banker,
115 Dearborn
Municipal Bonds.
Street,
CHICAQO.
The Mutual
Benefit
ROSENBERGER
«fc
31"NA88AU STREET.
.
NEW YORK.
1906
1916
1917-1920
1919
1906
1920
4%
1916
7
5
1929
4-6
1920-1929
6
1916
5
1901 to 1918
7
1911
6
1912
513
1919
5-6
1901-1919
6
Jan. 1, 1917
5
1917
7
1916
1917
5
7
6
6
6
6
5
1,790
996
839
1,042
1,178
593
1,785
672
1,996
1,016
1,618
2,111
728
665
734
1,002
19'.J2
1921
1930
1903-1908
Jan. 1, 1907
1930
1916
1919
1920
1919
5
4ia
6
10
5
6
6
691
386
1,575
656
941
508
137
686
168
1918-20-22
1,197
1903
1909 1917
1919
1919
1,592
379
308
123
10,022
1,634
yearly.
1916-1917
1917
6-7
6
481
Contain
Special and Peculiar Advantages
whicti are not
POLICIES OF
combined
in
3 to
ANY OTHER COMPANY.
HAYES & SONS,
J.
Barstow Brothers.
ALiI.
YEARS
Atlantic Mataal Insarance Go. Scrip
50 Wall
Street.
E. C.
121
STANWOOD &
Co..
BANKERS,
Devonshire Street^
-
-
-
BOSTON.
Orders executed on N, Y. Stock Exchauge.
Bonds and Investment Securities
TO NET FROM 3 TO 65f.
CORRESPONDENCE INVITED.
B. POWELL & CO..
WOODSTOCK, VERDIONT.
HARRY
1890.
DANA COMPANY.76J< Pine
N. Brown & Co.,
BANKERS,
CEDAR STREET, NEW YORK..
James
INTEREST ALLOWED ON DEPOSITS,
CHRONICLE
B.
Per Cent.
111 Congress Street, Boston.
Cbamber of Commerce Bids.,
Cleveland, Obi*.
No. 6a
SECOND-HAND SET
WILLIAM
SK
Bonds
Dealers in Government, Municipal, Rail*
road and Corporation Bonds.
the
FOR SALE.
1S78
Broadway.
.
MUTUAL BENEFIT POLICIES
LIVERIVIORE
-
219
832
624
293
220
.
Assets (Market Values) Jan. 1, 1901. .$74,311,468 25
Liabilities (N. J. and N. y. Standard). 68,186,103 34
Surplus
6,125.384 91
SOUTHERN AND WESTERN
D. H. LIVERMORE,
SUCCESSOR TO
626
1,454
MUNICIPAL BONDS.
CHICAGO.
SECURITIES.
641
952
Municipal and Corporation
To net the Investor
la salle street,
.
MUNICIPAL BONDS.
6
40
1915
1911-1929
1919
1910-1916
1916
BOUGBT AND SOLD.
LIFE INSURANCE CO.. NEWARK, N. J.
~;
San Francisco. AMZI DODD,
President
Denr^*.
DUKE
R.
OorDoration 171
BONDS.
ROLLINS & SONS,
5
6-7
1918-19-21
New York Office. 52
Municipal Bonds,
Service
7
6
6
5
CHICAGO.
W.
Banliers' A8s'n.j
DEAIiKBS IN
Public
5
1,026
1,391
1,573
2,722
1,402
Lists sent on applioation.
Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.
AND
413
460
986
238-240 La Salle Street,
BBOKMSS,
DULUTH.
INVESTMENT BONDS.
MUNICIPAL
7
5
1,391
INVESTMENT SECURITIES.
Bankers and Exchange Agents.
HEAD OFFICE!
24 Throgmorton St., London, £. C.
and Mu-
nicipal Bonds Bought
1916
1908
1916
1916
Sept., 1929
1914
1908
1910
,
1,158
1,103
Populaiion,
(1900.)
7
6
6
4Jfl
White Township, Kingman Co.. ..10,000
White Rock Twp., Lane Co
16,000
6
Wichita County
108,000
6
WichitaTwp., Sedgwick CO.
10,000
7
Wild Cat Township, ElkJCo
26,000 J 6-7
Wild Horse Twp Graham Co. ...17,000
6
Wilson Township, Lane Co
6
16,000
Woodson County
30,000
5
327
Date of
Maturity.
MISCELLANEOUS.
MISCELLANEOUS.
LONDON AND PARIS Geo. D. Cook Company,
BOSTON.
in Bonds
Oovernment
AVAILABLE IN ALL
PAETS OF THE WORLD.
%
$
Deal
oj
Railroad, Street Railwav. Gas and Electric
Light Companiei
Issue Travelers'
Letters of Credit
81 Nassau
Bonded Hale of
1901-02-06
BANKERS.
New York.
Population.
(1900.)
Dale of
Debt. Interes t.
[Vol. LXXII.
St.,
N T.
@FedFRASER