Full text of Commercial and Financial Chronicle : March 30, 1895, Vol. 60, No. 1553

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HUNT’S MERCHANTS’

MAGAZINE,

¡ft
REPRESENTING- TH E IN D U ST R IA L A N D COMMERCIAL IN TERESTS OE T H E U N IT E D STATES.
[E n t e r e d a o e o r d in g to A c t o f C o n g r e ss , In th e y e a r 1895, b y t h e William B. D a n a C o m p a n y , in the office of the Librarian of Congress.]

NO. 1553.

SATURDAY, MARCH 30, 1895.

VOL. 60.

lo s s from 1893 reaches 9 6 p Qr cent and from 1892 is 5*3 p. c.

$ f a

© f a ó r n e le .

Week ending March 23.

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London Agents:
M e ssrs. E dwards & Smith , 1 D r a p e r s ’ G a rd e n s , E . C ., w i l l ta k e su b ­
s c r i p t i o n s a n d a d v e r tis e m e n ts , a n d s u p p ly s in g le c o p ie s o f t h e p a p e r
at I s . e a o h ,

W I L L I A M B . D A N A C O M P A N Y ., P u b l i s h e r s ,
P in e S tr e e t, N . W . C o r n e r o f P e a r l S tr e e t,
POST Office BOX 958.
NEW YORK.

C L E A R IN G H O U S E R E T U R N S .
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, March 30, have b eeD
$894,659,490, against $934,557,049 last week and $781,537,365
the correspsnding week of last year.
Week Ending March 30.

Cl e a r in g s .

Returns by Telei royh

1895.

1894.

P er Cent

N e v Y o r k ..... ...........................
B o s t o n ....... ................................
P h ila d elp h ia ..—-......... .............
B a ltim o r e ....... .........................
C h ic a g o ............................... .
S t. L o u i s ................. - ................
Slew . Orleans-------- ---------- . . .

$410,890,723
61,938,922 "
49,393,052
9,444,598
66,406,020
16,901,151
7,084,822

$348,345,459
58,274,744
42,150,007
, 9,386,998
58,461,766
15,384,830
6,859,965

+18-0
+ 6-3
•+17-7
+ 0-6
+136
+- 9 9
+ 3-3

Seven cities, 5 d a y s .........
O th er cities, 5 d a ys............

$622,259,288
118,473,964

$538,863,769
105,391,274

+-15-5
+12-3

T otal all cities, 5 d a y s—
A ll cities. 1 d a y ........................

$740,733,252
153,926,238

$644,255,043
137,282,322

+15-0
• +12-1

T otal all oities fo r w e e k ..

$894,659,490

$781,537,365

1

+14 5

The full details of clearings for the week covered by the
above statement will be given next Saturday. W e cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night.
Our usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, March
133, are given below, and we also present the results for the
corresponding week in 1894, 1893 and 1893. In comparison
with the preceding week there is a decrease in the aggregate
exchanges of a little more than one hundred thousand
dollars, but this is wholly due to the loss outside of New
York.
Contrasted with the week of 1894 the total for the
whole country shows an excess of 32* 1 per cent. Compared
with the week of 1893 the current returns record a falling
•off of 14‘5 per cent and the loss from 1892 is 13-4 per cent
•Outside of New York the excess over 1894 is 17*4 ner cent, the




1805.

Clearings at—

1894.

I' 1895.
|P. Cent.

$

5 ’4.58?/4v
64.751.716
12 486,896
11.737,207

416;317.029
47,2-8.1«5
10,592,472
10.169.824
3,117,737
1,817.603
1,302,587
1,413,373
1,160,687
768,8- 3
834,046 0.390
6 1 174
63 *,‘¿21
584,113
317 600
291.90"
621,810,913 492,209,787

New York.............
Philadelphia.......
Pittsburg.............
Baltimore.............
Buffalo..................
W ashington.. . . . .
Rochester.............
Syracuse...............
W ilm ington.........
Scranton...............
Bingham ton.......
T otal M id d le...

H-26-0
- -34-9
- -17-9
- -15-4
ll-0
+39-5
-+21-8
+8-6
-r?*l
+8*2
4 8-+26 3

1893.

1892.

$
638.88 2.3B7
62.957,909
13.905.583
13.043.870
4,259,931
2,191,169
1,363 794
1,030,075
914,424
249,500
738,869,622

241,500
754,439,443

B oston................... .
P rovidence............
H a rtford ................
New H aven...........
Springfield.............
W orcester..............
Portland........... .
Fall R iver.............
Lowell ..................
New B edford........
Total New Eng..

83,261,630
4,764,400
1 667,711
1,190,238
1,274,131
1, ••¿12.382
1,011.621
761.445
577,642
348,474
96,059,672

71.103,584
3,800 900
1,4! 6.583
11*3,427
1,112,480
970,050
1,172.959
682.083
468.212
35-» ,055
82,404,342

+17-1
+22 5
+12 9
+1-5
414-6
+24-9
-1 -8
+10-1
-0223
-10-8
f Xii'Ö

89.166.144
6.310.500
2,266,388
1.285,467
1,219,017
1274,707
1,106.535
8IV.808
563,612
358,907
103,364,075

84,503,1«9
4.799,600
1.768,974
1,179,146
1,191,673
1,235,231
187,234

Chicago...................
Cincinnati.............
M ilwaukee............
D etroit...................
Cleveland..............
Colum bus..............
P eoria ............ .......
In d ianap olis........
Grand Rapids.......
L exin gton.............
Saginaw.................
Bay City................
A k ron .....................
Springfield, Ohio..
Canton...................
R o ck fo rd ..........
Kalamazoo............

81,279.315
11.2S9.9Ò0
3,901.060
5,.-36,244
4,781.371
S,071.500
1,997,944
1,144 C03
9:7,950
312,808
400,416
253,192
236,397
139,369
155,340

+13-8
4-7-3
+6-2
+113
+23-7
+1-8
4 44-1
+1V2
+55-7
++'2
+6-4
+30-0
+47-7
- 7-4
+Ì7-S
9*6
426-7

89 800 327
13.251.900
8,700 170
6,505 017
6.636.384
3,279.100
1.533.500
800.572
874,665
349,043
325,028
267.663
217.892
180,408
158,000

85,670,368
12,190,300
6,407,379
5.699.499
4 080,679
2.976.500
2,004,700
1,869,796

238,196
115,725,084

71,440106
10,4 05,300
8.731,358
4,702,944
3,86'. ,9)4
3.017,600
1,386,500
992,801
505.681
280,305
244,507
19*,001
160,000
160,430
132,401
261,500
187.971
101,938,489

132,000,869

122,148,090

9,661,263
1,153 195
9l 0,264
480,802
498,8' 9
948,475
599,301
825.00U
68,023
ir>1.9«2
li,807,O»4

9.880.094
809.932
1.01C.OOO
357,609
484,641
819,000
507.542
230.7P6
133,932
79 191
14,439,327

—2-2
+28-1
—9'6
+34-4
-r2'9
+15-7
+18-1
+37-3
-49-2
+ÖÖ-6
■f’îi'ô

12,793,940
1.038.490
1,400.000
930 409
900,000
850,558
930,169
881.1.95
195,000

11,727,925
1,667,117
1,581.919
913,645
941,104
739,554

20,519,761

17,721,264

Kansas City.......... '
Minneapolis
‘
Omaha.........
St. P a u l......
D en ver.......
Duluth...... .
St. Joseph..
Sioux C ity..
Des Moines.
'
L in coln .......
W ichita..............
Topeka........
F rem on t....
H astings....

9,486,899
5.417,4 15
3,390.956
3,459 658
2,758,147
1,650.00C
1,043,606
560.00C
803,424
349,13C
563,374
5''9,44]
00,029
57.573
30,703,71/

8,578,4«2
3.841,604
4.341,065
2.495,635
2,453,880
1,629,120
1.131,005
579,96 Í
965,918
402,347
504,264
627.155
90,864
102.993
27,730,283

+10-6
+41-0
-21-8
+ 390
+12-2
•+X*3
+45-3
-5 -2
—9-7
-13-2
+9-7
—18-0
-24-0
-4 4 1
4-10-0

10,335,035
5.552.193
6.045.156
4,420.523
4.959,576
2.43 .754
1.63: .510
1,134,489
1.110.625
519,778
510,753
404,831
88,453

8,452,265
6,045,828
6,147,062
4,204,349
4,787,169
1,736,610
1,605,048
1,076,641
805,293
584,570
538,492
356,023
84,825

39,155,680

35,424,165

St. L ouis.......
New Orleans.
Louisville....
G alveston....
H ouston........

23,073,275
9,699.84*
5,452,08i
2.459.30Í
2,260,6«i
2,114,67<
1,763,6 (
1,554,052
1.055.69Í
884 86S

+18-4
10.487,140
+37-8
7/38,85'
-5 -0
5,775,708
1.773,292
+37-0
1.649,90(
2,018,40 V
+1+
—8-í
1,924,13]
1,387,656
+11-8
+14-0
926.18!
+6-2
841,397
+11-5
1,065,00]
4-13-:
800,8 5
575,"0C +124-C
+414’P
64 <,885
+29279,717
—25-:
410./28
+6-.
197,083

22,448.921
10,209,472
6.994.106
2,831,710
2.709 372
2,1‘ 3,889
1,433.539
1.989,860
1.200 025
1,861,432
1,035,1»6
880,548
020,992
744,091
628.159
522,438
412,509

20,248,493
9,642,92?.
6,243,869
1,836,321
1,304.212
2.047,500
1,331,857
3,537,835
1,049,832
1,682,829
987,615
857,810
866,163
566,961
589,043

+18-J

58,576,245

62,701,020

San F rancisco..
P ortland...........
Salt Lake City..
Seattle..............
T acom a............
Los A n g e le s ....
H elena..............
Spokane............
Sioux Falls.......
Fargo.................
Total Pacific.

Savannah....
Memphis........
Atlanta......... .
Nashville......
Dallas.............
N orfolk........
W aco...........
Fort W orth..
Birmingham.
Jacksonville

.

*

*

'

98 '.181
1.287,-62
732,958
363.C72
307,777
209 213
367,001
55,390,56!

Little Rock*.

M ontreal...........
T oron to.............
H a lifa x ...........
W innipeg..........
Hamilton. ......
Total Canada.

40,763,567
765.494,796

409,974,40'

”349,177,76t

..

11,031,14
5,043,471
832 35

10,100,000
2.290.410
94 ,556

49-2
+120—xi*."

533A73
44 564.1 tf

' —0-6

* Not in clu d e d in t o ta ls .

,

eoe,seo
409,342
-47,168
187,699

150,000

408,456

+22-1 1,092,486,252 1,079,111.919
+174 453,603,885 433,069,416

934,557.04'

1.

528,08?
181*1.40.'

607.991
414,019
96,677,037

12,772,836
5,556,309
872,421
642,262
ip

9.778,971
5,235,486.
1,208,655

540

THE CHRONICLE.

[VOL. L S .

making the grand total down to the first of March 305f
T H E F IN A N C IA L S IT U A T IO N .
million dollars. Now all we ask those of our readers who
Among the leading features of the week have been can see nothing in prospect for the country but disap­
higher rates for foreign exchange with a reaction and pointment, and for the syndicate but failure, to study
lower prices in the stock market. Much has been made the article we refer to and to study the others we shall
in some quarters of these changes but we attach no im­ write on the same subject. When they have done that
portance whatever to them.
It is of course possible they will see that all the syndicate is attempting to
that gold may be exported within a few weeks ; that accomplish is simply to restore normal conditions.
contingency has been admitted from the start by the Even that is an immense undertaking, we admit, and’
syndicate as well as by every one else.
High rates for it is so chiefly because the syndicate not only has toexchange though do not at all indicate gold ship­ struggle against the working of a vicious currency sys­
ments as the syndicate is just as much inter­ tem, but to undo the snarl that system has got financial
ested in getting high prices for what it has to affairs into. In spite of it all, however, the appearances«
sell as any other
seller of exchange. It is to-day are full of promise.
also possible that quotations of stocks and bonds may
A very gratifying fact in the general situation just
return to the level of a few weeks ago ; that return now is the improvement shown in the earnings of our
would have no significance as an indication of the con­ railroads—both gross and net. Quite a number of returns
dition of general business if it did occur, for railroad of large roads for February have been received this week,,
values are dependent upon earnings and earnings are and they indicate a much more encouraging state of
more dependent upon the maintenance of rates than things than had been looked for. Tt will ba remem­
upon a revival of business. So if coal carriers continue bered that the weather was very severe during that
anxious to see how much coal they can throw on the month, and that as a consequence the operations were
market instead of how they can get a paying price for interfered with to an unusual extent nearly all over
the material they handle and the work they d o ; and if the country and expenses heavily increased. As a«
also all other carriers choose to pursue the policy of consequence the public was prepared for quite large
testing how little money they can take in for the lim­ and general losses. Instead, there are losses only on
ited amount of freight now moving rather than how special classes of roads, while in not a few instances thera
they can make it pay them to haul the curren t small are considerable gains. Further below we refer to the
offerings of freight at a profit,— if these suicidal meth­ improvement of $723,191 in gro33 and of $276,700 in
ods instead of wiser counsels should control and pre­ net on the Eistern and Western lines of the Pennsyl­
vail through the summer, railroad values might fall, vania Railroad. That may be taken to reflect the in­
but it would not harm merchants or manufacturers ex­ creased mining and manufacturing activity in this-cerpt so far as it decreased the expenditures of the part of the Country. At the same time the anthracite
roads for supplies, &c. It is well enough to add that coal road3 also present very satisfactory returns, the
we do not believe, and for good reasons, that the roads Central of New Jersey having an increase of $29,074are going to be so reckless. The bituminous coal set­ in gross and an increase of $38,123 in net, and the
tlement and arrangement is the logical outcome of the Philadelphia & Rea ling an increase of $165,225general situation and tendency to-day, and those who in gross and an increase of $73,060 in net
trade on any other prospect or basis are likely to on the Railroad Company and an increase of
Buffer.
$495,157 in gross and $43,231 in net on the
The public mind with reference to this matter of Coal & Iron Comp my.
From the Middle West­
gold exports ha3 been befogged by a theory which has ern ssetion we hive the Wabish, with only $17,956
been widely bruited during recent years. The theory decrease in gross a id $9,988 increase in net, and
is that the country has, when its commerce is running the Cleveland Cincinnati Chicago & St. Louis, with
on an even keel— that is, when imports and exports $104,538 increase in gross and $6,529 increase in net.
are equal and there is no inflow or outflow of capital— From the Northwest, where the failure of last year's,
a balance of debt to settle coming due every year of corn crop his b)en such an important m itter,the Bur­
350 million dollars.
On a subsequent page we lington & Quincy reports a decrease of $367,342 in
publish an article we have written, and which we gross and a decrease of $268,423 in net, the Milwaukee
expect to follow by one or two more, to show & St. Paul a decrease of $179,264 in gross but an in ­
not only the absurdity of that theory but to set crease of $20,786 in net, and the Chicago Burlington &
out als > the correct facts on the subject. To-day Northern a small increase in both gross and net—
we go far enough to demonstrate the impossibility $9,687 in gross and $5,807 in net.
of the claim— not only that it is incredible but
In money the features of the week have been a firm
that it is very far from the truth. We refer to the tone on call. Last week’s bank return showed a lossmatter here because when that imaginary obstacle is re­ of $5,814,600 cash, following $7,558,200 in the pre­
moved the road to a complete restoration of our finances vious week and $5,383,600 in the week ending March
will be seen to be easier and shorter than most people 9, miking a total of $L8,756,400, includiog $14,284,now think it is. Seek to realize the full meaning of the 300 legal tenders, for the three weeks. In this interval
fact that our foreign trade is at present in such a the surplus reserve was reduced $13,908,000, carrying
condition that the country would to-day be importing this item down to $14,146,500. The reduction in
gold were only normal conditions restored. On the the cash, and particularly in legal tenders, has been]due
31st of December 1894 we had for the twelve months chiefly to operations by the syndicate of which the largn
ending on that day a net export balance of merchan­ banks have been cognizant. Hence these banks have,,
dise (including silver) standing in our favor of $186,- in this interval, restricted their offerings of money on.
010,778 and a net export balance of gold of $81,212,- the Stock Exchange and at the same time they have
363 or a total of $267,223,141, and since the first of maintained full rates for all they have been willing toJanuary, according to the last trade statement, we have loan.
Competition from this source having been
increased that net bala nee over 38 million dollars, withdrawn, the supplies in the market have been co n -




March 30, 1895.]

THE CHRONICLE

541

fined to bankers' balances, and as the inquiry has been over unemployed ; now money loans freely at 2@2£ per
cent, and some of the bankers are drawing sterling in
good rates have steadily grown firmer.
The lowest recorded transaction for call money on order to employ the proceeds in our loan market. In
the Stock Exchange was last week 1-J per cen t; this January the selling of securities for European account
week the lowest was 2 per cent, the bulk of the busi­ was liberal, while now there is a disposition manifested
ness being at 21 per cent, with many loans at 3 per to buy them, and the new 4 p?r cent bonds are quoted
cent, so that the average for the week was probably a in London at 4£@5 per cent premium upon the
little above 2£ per cent. One important fact is that issue price of 113£, showing at least a partial if
foreign bankers have been able to loan their money at not an entire restoration of confidence in our finan­
Then though shippers could get
2£ per cent without difficulty. Banks and trust com­ cial situation.
panies quote 3 per cent as the minimum and some ob ­ not much better gold coin than that weighing
little
above
the
legal
tolerance,
they
tain 3£. Time money offerings have not been liberal, but
but the demand has been light for the reason that com­ accepted the gold, selected the best for shipment, and
mission houses apparently feel confident that they will deposited the remainder in the banks, losing the inter­
be able to get money in the call loan branch of the est until such time as the gold could be disposed of in
market at fair rates. Quotations are 3^@4 per cent the regular course of business ; while now money is in
for sixty to ninety days and 4@4£ per cent for four to good demand and to make shipments even at the
six months, and transactions for longer periods are sub­ smallest fraction of a profit the exporters would have
ject to special agreement. For commercial paper the to secure full-weight coin, which would be difficult,
demand is small, the majority of the banks being out the Treasury supplying only such coin as is received
of the market, and the Jaffray receivership this week and not making selections for any purpose; moreover,
has made buyers cautious regarding jobbers' paper. the shippers would have to be certain of obtaining for
The supply does not accumulate, and rates are 4 per their consignment 76 shillings 3£@3£ pence per ounce
cent for sixty to ninety day endorsed bills receivable, — the latest quoted price in London for American
4 f@ 5 £ per cent for four months' commission house gold. The difference in the rate for money rul­
and prime four months' single names, 5@5|- per cent ing two months ago and that current now and the
for prime six months and 6@7 for good four to six probable difference in the value of the gold which
would be obtained from the Treasury and full-weight
months' single names.
With the exception o f the crisis in the Spanish coin would together amount to about half a cent per
Cabinet, the Bismarck incident in the German Parlia­ pound sterling, which measures the difference between
ment and a rise in bar silver in London to 29£ pence per the gold-exportiDg point then and now. Therefore
ounce, there has been no feature of importance in though there might possibly be a profit in exporting
Europe this week. The Bank of England minimum gold at the current rates for exchange (if the gold
rate of discount remains unchanged at 2 per cent. would command in London the present ruling price), it
The cable reports discounts of sixty to ninety day would be so small and the risks of miscalculation go
bank bills in London
per per cent. The open great that remitters would be, and indeed they are, in­
racket ra^e at Paris is l i @ l f per cent and at Berlin and clined to accept syndicate bills at about one-tenth of 1
Frankfort it is l f @ 2 per cent. According to our per cent above the present gold-exporting point, cal­
special cable from London the Bank of Eogland gained culated upon the basis of 76 shillings 3$@3£ pence pBr
£367,098 bullion during the week and held at the ounce in London and calculated also upon the procure­
close of the week £37,729,950. Our correspondent ment of full-weight gold coin from the Treasury.
On Monday exchange opened firm and but very
further advises us that the gain was due to the import
of £1,326,000 (of which £1,042,000 was bought in the little business was reported ; there were few bills from
open market, £150,000 was from Egypt, £100,000 from the interior and early in the afternoon Brown Brothers
Holland, £11,000 from Australia and £23,000 from & Co. advanced posted rates to 4 89 for sixty day and
On Tuesday the tone was
other sources), to the export of £745,000 (of which to 4 90|- for sight.
strong,
bills
were
scarce
and the high rates ruling
£725,000 was to Coili and £20,000 was to the Argen­
tine Republic), and to £214,000 sent to the interior of tended to limit the inquiry, so that the business was
light. The only changes in nominal rates were an
Great Britain.
The foreign exchange market has ruled dull and advance of half a cent each for long and short by the
generally stroDg this week, with nominal rates for sight Bank of British North America and an advance of half
sterling as high as those ruling at any time last year a cent for long by Lazard Frere3. There was no change
or during the January crisis this year. Notwith­ in the tone on the following day, but then Heidelbach,
standing this fact there has been no apprehension Ickelheimer & Oo. advanced their rates half a cent for
of gold exports, for it was found that the conditions both long and short. On Thursday the market opened
were such and the control of the market by the syndi­ steady to strong and in the course of the day there was
cate so complete that shipments were improbable; as if some demand from up-town merchants and from coffee
to give greater assurance it was announced on Tuesday importers, which tended to stiffen rates for actual
that $1,000,000 gold would be sent to New York by business, and cable transfers closed at 4 89£ bid
the Teutonic, which sailed from Liverpool on the fol­ against that figure offered in the morning. There
lowing day. The changed situation of the market so were a few offerings of spot cotton bills, but these were
far as gold exports are concerned is shown by con­ promptly aborbed at 4 88, and the syndicate offered
trasting the present conditions with those which pre­ sixty-day bills, which were taken at full rates. Baring,
vailed about two months ago. Then gold was moving Magouu & Oo., the Canadian Bank of Commerce and
out o f the country by every steamer, and rates for the Merchants’ Bank of Canada advanced their rates
actual business in sterling were at least half a cent per for both loDg and short half a cent. Yesterday there
pound below those ruling this week. Then money were no further changes, but the market was very
was almost unlendable at even 1 per cent, and during firm. The following shows the daily rates of
the week ending January 26 balances were daily left exchange by leading drawers.



o42

THE CHRONICLE.

Brown B ros.... { |?g^ 7!'. !
Baring,
dO days..
Magoun & Co. ' Sight......
Bank British
' 60 days..
No. America., i Sight......
Bank o f
' 60 days..
Montreal....... i Sight......
Canadian Bank ; 6 0 days..
o f Commerce, i Sight......
Heidelbach.Ick- j 60 days..
el b ebner & Co i Sight......

BasardFrere.,.1“

90*
8^
90
88«
90
88«
90
88«
90

88«
90

^;;

Merchants’ Bk. ; 60 days.. 8 8 «
o f Canada.... Ï Sight...... 90

Mon.,
Mar. 25.
8 8«-9
9 0 -«
88«
90
88«
90
88«
90
88«
90
88«
90
88«
90
88«
90

Tues..
Mar. 26.
89
90«
88«
90
89
90«
88«
90
88«
90
88«
90
89
90
88«
90

Fri.,
W ed..
Thurs.,
Mar. 27. Mar. 28. M ar. 29
89
89
89
90«
90«
90«
89
88«
89
90«
90
90«
89
89
•89
90«
90«
90«
88«
88«
88«
90
90
90
89
8««
89
90«
90
90«
89
89
89
90«
96«
90«
89
89
89
90
90
90
89
88«
89
90
90«
90«

lVoL.

------------------ February
1895.
1894.
»
$
169,059
152,214
Net
54,281
59,481
Brooklyn E levated........ ..
201,161
137,654
Net
97,125
46,755
Canadian Pacific................
992.032
1,151,252
Net
206.622
174,914
793,735
764,661
Central o f New J ersey....
221,704
Net
183,581
Chesapeake & Ohio........... Gross
646,948
666.377
164,003
Net
226,«13
Chic. Burl. & N orthern....
130,058
120.371
30,014
Net
24,208
Chicago Burl. & Q uincy...
2.080,550
2.427,892
Net
606,381
874,803
Chicago Mil. & St. Paul.*.
1,927,522
2,106,786
Net
596,593
574,807
Clev. Cin. Ch. & St. Louis. .Gross
970.931
876,393
234,920
Net
228,391
Peoria & Eastern...........
127,721
114,643
Net
37,931
16,167
Iowa Central........................
121.815
151,051
Net
38,996
57,159
838,059
Kan. City Ft. Scott & Mem.Gross
38M16
94,6U
Net
112,427
Kan. City Mem. & B irm ...
72,705
83.401
7,498
Net
6,355
448,888
Northern Central...............
398.570
Net
119,157
109,115
Philadelphia & R eading.. ..Gross 1,444,812
1,279,617
546,733
Net
473,673
1,975,226
1.480,069
Net def.63,177 def.10S.408
814,529
W abash................ ...............
862.485
Net
175,028
165,040
78.071
67,749
W estern Maryland...........
13,402
Net
15,260
Name of Road.
Allegheny V alley..............

L I.

Earnings.----------1893.
$
183,836
47,181
153.995
64,106
1.260.323
239,305
1,100,655
414.331
766.822
231,842
162.333
57,300
2,982,236
9-8,813
2,276,913
443,617
961,899
222,354
118,510
3,596
140.508
29,958
487.390
145,777
101,955
26,167
637.413
149.087
1,631,347
427,892
1,918,971
def. 91,901
1,019,846
226,405
79,034
15,905

1892.
$
193,008:
75,358
151.265
67,602
1,456,369
402,160
1,138 334
505,715761,573
175.47T
161,496
68,545
3,068,385
1,082,888
2,426,065
618,4921,106,498
294,679
141,424
41,259
150,262
41,614
460,329
119,768
106,282
31,644
576,044
185.383
1,738,774

The market closed firm on Friday at 4 8 8 £ @
4 89 for sixty-day and 4 90@4 90£ for sight, Rites
for actual business in sterling were 4 88@4 881 for
long, 4 89^@4 89£ for short and 4 89f@ 4 90 for cable
transfers.
Prime commercial bills were 4 87f@ 4 88
and documentary 4 8 7 i@ 4 87^.
The Pennsylvania Railroad has issued its statement
of earnings for the month of February this week, and
a very favorable document it is. On the lines East of
1,087,880
Pittsburg and Erie there is an increase of $417,314 in
222,152
70.48«
gross and an increase of $23,181 in net, and on the
21,296lines west of Pittsburg and Erie an increase of $305,877
The following statement gives the week’s movements
in gross and an increase of $253,519 in net, so that for of money to and from the interior by New York banks.
the combined system the addition has been $723,191 in
Received by Shipped by
Net Interior
Week Ending March 29,1895.
gross and $276,700 in net. To be sure in the case of
N. Y. Bank». N. Y. Bankt
Movement.
the gross this is much less than last yearns loss, the
$2,625,000 $3,990,000 L )ss.$ l,3 6 5 ,0 00
600,000
700,000 L oss.
100.000
combined system then having shown $1,668,005 G old .........................................................
T otal gold and lega l tenders...... $3,225,000 $4,690,000 L ss.$ l,465,0 00
decrease; nevertheless the improvement is large
Result with Sub-Treasury operations.
and substantial, and no one expected a recovery
of the whole of the falling off which occurred in 1894.
Into
Out of
Net Change in
Week Ending March 29,1895.
Banks.
Banks.
Bank Holdings.
Moreover the weather conditions the present year were
$4,690,000 L03S.$1,465,000exceedingly adverse. Considering that fact the result is Banks’ interior movem ent, as above $3,225,000
Sub-Treasury operations................... 14,100,000 17,200,000 Loss. 3,100,000
very good. In the net the los3!for the combined system
T otal gold and legal tenders.......$17,325,000 $21,890,000 Loss. 4,565,000
in 1894 was only $174,334, while now we have $276,700
Amount of bullion in principal European banks.
increase. Below we furnish a comparison of the gross
March 29.1894.
March 28.1895.
and net on the Eastern lines for a series of vears.
Bank of
Gold.

Lines east o r
Pittsburg.

1895.

1894,

1893.

1892.

1891.

1890.

February,
$
$
3
$
$
I
Gross earnings....
4,419,634 4,002,320 5,127,03' 6,207,097 4,739,320 4,851,091
Operat’g expenses. 3,270,73i 2,876.6C 0 8,890,678 3,636,160 3,4: 0,351 3,455,960
Net earnings...

1148,901 1,125,720 1,236,360 1,571,931 l,3t 8,969 1,395,131

Jan. 1 to Feb. 28.
Gross earnings...... 9.097,905 8,162,149 10,050,281 10,226,8 8 10,051,795 9,993,402
Operat’g expenses. 6,967,607 6,421,923 8,313,619 7,580,355 7,295,607 7,292,225
Net earnings...

Total.

Gold.

Silver.

£

£

£

£
37,729, ,950| ... . . . .

37,729,950
E n gla n d ......
F ra n c e ......... 84,274, ,029 49,530, 894 133,854,923
Germany....... 38,830 042 15,860, 158* 54,690,200
13,e61, 000 31,554.000
Aust.-Hung’y 17,893,
12,320,
20.324.000
Spain.............. 8,004
7,097,
11.416.000
4,349,
N etherlands.
5,271,000
1,757,
3,514
Nat. Belgium.

30,790,120
69.130.000 50.824.000
30,411,43 i 12,421,570
10.232.000 16.257.000
7.918.000 7.983.000
4.329.000 7.079.000
3,155,333 1,577,667

Total.

£
80,790,120
119,954,000
42 833,000
26.519.000
15.901.000
11,408,060
4,733,000

Tot.tMs week 194,594,021 100276052 294,870,073 155,995,8*3 96,142,237 252,138,120Tot. prey, w’k 194,816,850 100210222 295,027,078 157,690,56 4 96,684,150, 254,274,718

2.130,298 1,740,226 1,736,665 2,646,483 2,756,185 2,701,117

We have referred above to the character of the ex­
hibits of a number of other large companies which have
this week submitted statements for the month of
February— the Reading, the Central of Hew Jersey,
the Wabash, the Cleveland’ Cincinnati Chicago &
St. Louis, the St. Paul, the Burlington & Quincy
and the Chicago Burlington & Northern. In addition
to these the Northern Central reports $50,317 increase
in gross and $10,042 increase in net; the Peoria & East­
ern $13,078 increase in gross, $22,764 increase in net;
the Brooklyn Elevated $63,507 increase in gross, $50,370
increase in net; the Allegheny Valley $16,845 increase
in gross, $5,180 decrease in net; the Cleveland Canton
& Southern $7,923 increase in gros?, $4,444 increase in
net; the Western Maryland $10,321 increase in gross,
$1,859 decrease in net; the Canadian Pacific $162,220
decrease in gross, $31,708 increase in net; the Kansas
City Fort Scott & Memphis $43,055 decrease in gross,
$17,816 decrease in net; the Kansas City Memphis &
Birmingham $L0,696 decrease in gross, $1,143 increase
in net; the Chesapeake & Ohio $19,429 decrease in
gross, $62,811 decrease in net, and the Iowa Central
$29,236 decrease in gross, $18,164 decrease in net. The
followiDg furnishes a comparison for four years of the
gross and net of a number of companies.



Silver.

■ £

W H Y DO

WE E X P O R T
[F ir s t A

GOLD t

r t ic l e .]

Mr. Alfred S. Heidelbach had an article in the Feb*
ruary “ Forum” in which he discussed the question,
why we export gold, and gave facts in support of a
theory he advanced. The article has attracted much
attention, as did similar data urged by Mr. J. W.
Cross, a correspondent of the London Times, in the
spring of 1891, and which we at that time criticised.
We have not referred to Mr. Heidelbach’s article
hitherto because we thought we had sufficiently re­
futed a like contention on former occasions. A study
of the figures seems, however, desirable now, for they
appear to find a place still in the columns of the press,
particularly of Europe. As the question raised has a
bearing in more ways than one on the financial problem
this country is struggling with— a problem the solu­
tion of which would seem to us to be almost hopeles»
were we compelled to accept Mr. Heidelbach’s views—
this continued publication and quasi endoi sement of the
views expressed makes a further investigation desirable.
Besides, we think we have some thoughts to present
which are conclusive of the discussion, and which have
not been suggested elsewhere.

M arch 30, 1895.]

THE

CHRONICLE.

543

The idea Mr. Ileidelbach enforces is that America are thrown wholly upon gold as a medium for settling
lias owed Europe a much larger debt annually than is these annual dues. If we accept the writer’ s conclu­
generally supposed ; that the extent of this annual sions, of course it follows that our large gold exports in
-debt has been lost sight of in the past for the reason that 1894 ($81,212,363), in face of our large balance of mer­
foreign investors instead of requiring payment in gold chandise and silver ($186,010,778), represent the pay­
have taken it in our securities. Now at length they ment made that year on the $350,000,000 which accrued
refuse to accept securities but demand gold, partly be­ in 1894.
cause of the unsavory disclosures in railroad manage­
We do not wonder that Mr. Heidelbach calls the
ment, but mainly because they have been dismayed at amount of this annual indebtedness " vast.” According
the condition of our Treasury and our currency and fear to our view his estimate is so vast that if correct the
If they leave or invest money here they may not be able country is in a deplorable situation, especially when we
to get back as good money as they gave. These reasons add the further fact, which he asserts, that the merchan­
for the change in the form of the liquidation imposed dise exports have never come any where near being large
cannot be questioned ; they are fairly and forcibly stated. enough to cover it. If we must receive all this as true,
I t is only the writer’s views as to the amount of the an­ the people of the United States area most shiftless lot, in
nual debt that we take exception to.
much the same position as the impecunious debtor who
With reference to this problem of amount there are has to put out a new note for the interest as well as a
various ways to approach a solution. At best, it is to new one for the principal every time the old note
be noted, the result is questionable whatever may be comes due. We do not believe such a state of affairs
the amount claimed, for every item that contributes to could exist long with reference to any nation. The
the aggregate can only be an estimate. Under these laws of trade would enforce economy and correct the
circumstances we think, as a first step, it is always pru­ anomaly. Remember that our products, to the value
dent, and often times highly instructive, to test the con­ of seven to eight hundred million dollars, are con­
sistency of the data on which such important conclusions sumed annually in paying for our imports, and that our
are based by applying them to other well known facts, imports are not, as a rule, reproductive like G-reat Brit­
and in this case to former trade records. In that way we ain’s. In 1894 the merchandise imports aggregated
learn whether, assuming the data to be correct, they land only about 672^ million dollars, but that was excep­
us within the limits of a reasonable belief. Conclusions tional ; in 1891 they were 828| million dollars. To the
which will not bear that test no doubt need revision. extent of these imports the transaction is of course
For the purpose of applying to Mr. Heidelbach’s esti­ substantially a barter ; we get something in return for
mate this tentative method we use his aggregate, which what we part with. Bat nevertheless we have appro­
he makes three hundred and fifty million dollaro*; that, priated to that operation or object our surplus products.
he remarks, represents the debt the " United States After having done that, it happens, according to this
ewes to Europe (apart from the ordinary merchandise theory, that we still have left 350 million dollars to be
balances as evidenced by the Customs House returns) provided for—a total sum to meet which calls for nearly
annually.” These figures, he further explains, " have a million dollars of savings a day, Sundays as well as
been carefully gone over and represent a very conser­ work days.
vative estimate, so that the actual total is more likely
That aggregate is so"vast” as on its face to look incredi­
to be larger than smaller, making no allowance what­ ble. Out of what can the country get the income to pay
ever fo r under-valuations o f merchandise imported into it with ? Certainly not from cotton at 5^ cents a pound.
the United States.” The words we have italicised refer It is claimed also that wheat is being exported at a loss.
to an item his estimate omits, which is no doubt of some Moreover, what we have to spare of those products, or
importance, since a protective, customs system like ours at least what the world will take of them, we use al­
furnishes an inducement for under-valuations; hence ready in settling for our imports. Uuder the circum­
if his aggregate is otherwise correct he is right in stances, not unlikely some would suggest with hope of a
calling it a minimum estimate.
better outlook for relief the largest industry we
The above quotations reveal the position of the have— our aggregate railroad organiz itions. The pub­
writer. In substance his claim, as we have seen, is lic in general consider that department of commerce a
that $350,000,000 is a minimum estimate of the annual " b o n a n z a a n d yet, according to the reports of the
charges maturing against this country in favor of Eu Inter-State Commerce Commission, the total "net in­
rope (without including the principal of any bonds or come” of all the railroads in the United S ates in 1893
obligations that may fall due) in addition to imports. was only 111 million dollars ; in 1892 it was only 116
** To pay this vast annual indebtedness,” he says, " the million dollars; in 1891 it was but 110 million
balance of trade in merchandise would have to reach at dollars, and so on.
Surely, compared with the
least this ($350,000,000) sum.” H j adds, though, that burden to be lifted, but little can be hop^d for from
the balance of trade has never been large enough to' that source after the legitimate demands on this "n e t
cover that indebtedness, and hence the difference be income,” as it is called, have been met. That in­
tween the trade balance and the 350 million dollars has ference too finds further confirmation in the Census
heretofore been paid in securities or in gold. But now returns, for even the aggregate wealth accumulations
at length having reached conditions, as already stated, of the whole United States are, when analyzed, a dis­
under which Europe will not take our securities, we appointing exhibit. After taking the " w i n d ” out of
the estimated values and distributing the balance over
* The details of Mr. Heidelbach's estimate are in full as
fifty years, it will be difficult to find an average annual
subjoined :
saving applicable to the purpo-e as large as this annual
1. For m oney spent b / American travelers abroad, about................. $100,000,000
2. For freights carried in foreign ships, a bou t..................................... 100,000,000
debt calls for, notwithstanding in that estimate of
$. For dividends and interest upon American securities still held
abroad, minimum ............................................................................
75,000,000 savings we have to include whatever of investments
4, F or profits o f foreign corporations doing business here and o f
Europe has made here and not recalled.
non-residents, derived from real estate investments, partner­
ship profits, Ac,, a bou t...................................................................
75,000,000
The above reflections are general in their nature, but
T otal............. ......................................... ......... ............. ........................$350,000,000 they are merely introductory, and, as it were, lead up



544

THE CHK0N1CLF.

[Voi/. LX.

Now is it not clear that an estimate of an annuallyrecurring liability against the United States which,
according to this practical test, terminates in such an
aggregate of funded debt in favor of and accumulated
by Europe during the last fifteen years from the mere
postponement of that liability must, beyond question,
be erroneous. And yet that is not the most fatal ob­
jection to the estimate the above summary of our for­
eign trade discloses. The idea, if accepted, involves
the further assumption of a continuous unbroken and
large annual net movement of our securities to Eu­
rope, which is wholly out of character with the facts.
That is to say, if we admit the theory Mr. Heidelbach
advances to be true, then in each and every of the fif­
teen years from 1880 down to and including 1894, ex­
cept three (1891, 1892 and 1894), over two hundred
million dollars' worth net (market values) of our secu­
rities have been shipped to Europe to compound a
debt, and even in the three excepted years the net out­
flow has been (in 1891) 164 millions, (in 1892) 179
millions and (in 1894) 82f millions. This is the con­
clusion the estimate brings us to. It is hardly needful
to occupy much space in controverting such a conclu­
sion. Indeed it is notorious that in several of the
years included in the table the United States has not only
not shipped the amount of securities the statement calla
for, but has had actually returned to it from Europe
many more securities than it has sent abroad; this is
notably true of 1884 and of the period from 1891 to
1894. As to the later period, the movement is so recent
Total favorable
Debt lift
Calendar Net balance mer- Net gold Imports
balance. dnd exports.
unpaid'.
that it is a familiar circumstance. Indeed the common
1jears. chandise & sl'.vir.
(3)
(4)
(2)
(1)
and accepted belief among men acquainted with finan­
1880.... $194,228,663 E xp'ts $70,582,239 Im p’ts $123,610,424 E xp’ts $220,853,576
cial affairs, based on the best of evidence, is that Europe
1881.... . 171.807,308 E xp’ts 57,795,077 Imp’ts 114,012.231 E xp’ts 235,987,769
holds to-day a materially smaller amount of our obli­
48,675,600
E
xp’ts
301,324,310
25,318,551
E
xp’ts
Exp'ts
1682.... . 23,567,109
1883... . 119.781.41S E xp’ts 16,007,191 Imp’ts 103,777,222 E xp’ts 246,222,778 gations than it did January 1891.
Yet if we must
1881... . 131,163,539 E xp’ts 12,990,589 E xp’ts 147,154,128 E xp’ts 202,845,872 accept this 350 million theory, the above figures tell us
1885... . 115,888,919 E xp’ts 12,228,101 Im p’ts 103,660,845 E xp’ts 246,339,155
69,731,884 E xp’ts 290,218,610 that instead of having less invested in the United
25 959 Im p’ts
1883.... . 69.807.313 E xp’ts
18.389,933 Im p’ts 368,389,933 States, Europe has 641£ million dollars more invested
1887.... . 17,851,940 Exp.ts 85,744.873 Im p’ts
3,887,781 E xp’ts 316,112,211 here now than it had four years ago.
1868... . 19,677,885 Imp’ ts 23,565,674 E xp'ts
That proposition
1889... . 78,069,360 E xp ’ts 38,928.828 E xp’ts 110,988,178 E xp’ts 233,011,822
is not only incredible, but absurd, because wholly in­
3,832.934 E xp’ts
42,051,476 E xp’ts 307,918,524
1890.... . 38,218,492 E xp’ts
consistent with known facts.
1891.... . 151,688,632 E xp’ts 34,116,471 E xp'ts 185,805,303 E xpt’s 164,194,697
We think we might safely stop here for, in the light
1892.... . 111,739,287 E xp’ts 59,031,110 E xp'ts 170,S20,397 E xp’ ts 179,179.603
7,013,431 E xpt’s 134,837,205 E xp’ts 215,112,795 of the data we have give.n, the theory we have been
1893.... . 127,873,774 E xp’ , s
82,770,859
1894.... . 183,010.778 E xp’ts 81.212,863 E xp'ts 267,223,141 E xp’ts
discussing cannot command belief anywhere. And
Total. 1,510,801,893 E xp’ts 93,076,658 E xp ’ts 1,003,981,450 E xp’ts 3,616,018,550 yet there are reasons which seem to make it desirable
Lest any one may fail to understand the foregoing, to pursue the subject further and we shall do so on
we further explain its meaning by using for illustra another occasion.
tion the year 1880— the earliest year in the series.
That year we paid for all our imports and had left T R O L L E Y R O A D S A S G O M P E IIT O R S OS
S T E A M R O A D S— TH E IR P O W E R S
over (see third column) a net balance of $123,646,424
D E F IN E D .
of exports ; with that net balance, if Mr. Heidelbach's
One of the most important questions which has
theory i3 correct, we discharged a like amount of our
350 millions annual debt, and for the remainder of the arisen in connection with the sadden development
350 millions we sent to Europe (see fourth column) of trolley roads relates to the competition of these
$226,353,576 new securities. With the result worked roads with the steam road3. How far i3 thi3 com­
out in the same manner for each of the fifteen years petition to be carried ? Is there to be any limit to
there is seen to be no year when there was not a very it'? The subject is being earnestly discussed in many
large unpaid balance left, and the aggregate increase States, and the managers of the steam roads are mak­
in our debt to Europe for the whole period by reason ing active efforts to prevent further encroachments
of these left-over balances is found to be $3,646,018,- upon their territory. With the change in motive
550. Now bear in mind what this increase of debt power the character of these “ street" road3 has
was for. Not, strictly speaking, for new capital Europe changed too. They no longer famish merely transit
sent us— any such investments would be additional— facilities within a smgle towa or city, but frequently
but for an unpaid portion of the estimated 350 millions connect several cities and towns— that is, from being
of floating debt maturing every twelve months that we merely urban they have become suburban and intercould not pay and had to get extended— these post­ urban. It is in this latter capacity that they are prov­
ponements alone aggregating at the end of fifteen years, ing so troublesome to the steam roads. We have in
after deducting all payments made on account, $3,646,- |the action of the Philadelphia & Reading managers
I this week, in cutting their fares to certain suburban
018,550 of funded obligations.

to a suggestion which appears to be conclusive of the
point under discussion. Let us test the correctness of
Mr. Heidelbach's theory by applying the assumed 350
million dollars of annual debt to the country's trade
figures for each of the last fifteen years. It will bo re­
membered that Mr. Heidelbach admits that the exports
have in no twelve months been large enough to pay
these maturing obligations— that we have been dis­
charging them simply by sending gold or postponing
them by sending securities. For the purpose of pre­
senting these facts, and showing what remarkable con­
clusions they bring us to, we have prepared the follow­
ing summary. It is highly important that the reader
should study the statement with care, for it seems to us
to prove beyond doubt that Mr. Heidelbach's estimate
is very far from correct. The first three columns con­
tain the net balances of our entire foreign trade results
for each of the fifteen years— the first column includes
silver and merchandise, the second column gold, the
third column the total net exports or imports, including
merchandise, silver and gold. That is to say, the third
column shows all of the annual 350 millions maturing
debt that we paid in each year by sending abroad our
merchandise, our silver and our gold. Consequently,
the difference between the totals in the third column
for each year and 350 millions would be the amount of
this annual debt that we have got extended by sending
securities, which difference is given in the fourth
column.




JMAHCII 80, 1895,j

THE CHRONICLE

545

points in two, an illustration of how the competition of additional servitude upon the property fronting on the
the trolley lines is Ejecting the other roads. The streets so occupied. “ But*— a id this marks the dis­
trolley roads it is needless to say have a great advan­ tinction— ffthe easement acquired by the public by
tage over their rivals in snch a contest. They are proceedings under the road laws is an easement for
operating on streets or highways for the use of which passage only. The owner is entitled to the possession
as a rule they have paid nothing, while the steam road of his land for all other purposes.”
has had to buy its right of way, and has had to com­
The consent of township authorities justifies an
pensate property-owners for all property taken.
entry upon the public road by and for the use of tho
A decision has now been rendered by the Pennsylva­ public, but their consent cannot bind private property
nia Supreme Court which it seem3 must, in the absence or subj ct it to a servitude for the benefit of any person
of new legislation, tend to restrict the field of opera­ or corporation other than the township and the public
tions of the trolley roads hereafter. The Court in effect it represents. The carriage of passengers through the
decides that where these roads extend outside of a town township on their journey from one city or borough
or city they lose their character as street roads, while at to another by rail is in no sense a township purpose.
the same time they can assume none of the functions When the supervisors give their consent to the occupa­
and powers vested in the ordinary steam roads. There tion of the township roads by a street railway they
were no Jess than seven cases before the Court, in which speak as the representatives of those who build and
the main issue was substantially the same. The deci­ those who own the roads, but not as the representatives
sion in the case of the Pennsylvania Schuylkill Valley of the private property over which the roads pass.
Railroad Company (a road controlled by the Pennsyl­ Hence the conclusion is that street railway companies
vania Railroad) against the Montgomery County Pass can not reach the property owners either through the
enger Railway Company, which reached the Supreme “ local authorities” or by the right of eminent domain,
Court on appeal from the Common Pleas Court of as the law now stands in Pennsylvania. Moreover,
Montgomery County, governs the rest. The opinion says the Court, it is not easy to see how such a com­
was read by Justice Williams. He points out that the pany can protect itself in the use of country roads ex­
system of street passenger railways in Pennsylvania had cept by contract with every owner of property along the
its origin in the days of special legislation. Each com­ roads they wish to occupy.
pany then had its own act of incorporation, in which
It will thus be seen that the decision is a very im­
its route was described and its powers defined. The portant one, and may have far-reaching effects. The
roads were confined to the cities and large towns of the Court rules (1) that in Pennsylvania the street railway
State. In 1878 a general law was passed. Ho power law does not confer any authority to use country roads
of eminent domain was conferred on the companies, for the purpose of connecting separate cities and towns,
says the Court, but the several provisions of the act and that where sdeh roads have been built it has been
show that such railways were to be constructed upon virtually without authority of law; (2) that no prop­
the streets, conforming to the grades of the streets and erty can be taken for right of way or other purposes
subject to the regulation of the municipal authorities. without compensation; (3) that the roads have not
An act in 1876 had given to street railway companies the right of eminent domain, and (4) that not
in cities of the first class the right to “ use other than possessing the right of eminent domain they cannot
animal power” in the movement of their cars. The condemn property, and hence it is within the power of
act of 1878 conferred the like right upon street railways each owner to make his own terms, and the road must
in cities of the second and third classes.
accept those terms or abandon its purpose. Of course
All these provisions show, argues Judge Williams, this decision applies only to the State of Pennsylvania.
that the street railways contemplated by the general But it is probable that there are other States where
act of 1878 were intended for the accommodation of the conditions are substantially the same. So far as
the crowded streets of cities and for no other purpose. they are the same, it seems likely that the principles
The present general law relating to the street railways here laid down would control also in those cases, for
was passed in 1889, and was largely a consolidation of the ruling appears to be sound as well as just. The
the statutes previously in existence, with such changes trouble in Pennsylvania is, says Judge Williani3, that
as experience had shown to be desirable. It conferred the supposed needs of the country have outgrown
the privilege of occupying te any street” by any power its legislation, and an effort is now being made
other than by locomotive. Section 15 provided that to adapt street railways to purposes for which
ff no street passenger railway shall be constructed by they were never intended, and for which the
any company incorporated under this act within the existing legislation relating to them was not
limits of any city, borough or townships without the framed. Cities and boroughs, the opinion reads, pos consent of the local authorities thereof.” It is ap sess the necessary power over their streets to enable
parent, therefore, the Court reasons, that the attempt them to authorize their use by a street railway.
now being made to convert these city conveyances into Townships do not possess municipal powers, and under
long lines of transportation, connecting widely separ­ existing laws in Pennsylvania their control over tho
ated cities and towns by electric railways traversing public roads is limited.
country roads, was not anticipated or provided for by
Of course the defect in existing laws can be remedied
the Legislature. The failure to confer upon these com­ by legislation. But that the same difficulty exists in
panies the power of eminent domain would, if it stood some other States is evident from a case which has re­
alone, be sufficient to justify this conclusion. The cently come under our notice. The case which we
land taken for streets in cities and boroughs is in the refer to is that of the Indiana Electric Railway. In
exclusive possession of the municipality, which may Indiana a street railway corporation cannot condemn
use the footway as well as the cartway for any urban land for right of way. The Indiana Electric, fearing
servitude without further compensation to the lot that in constructing their road they might have trouble
owners.
Nor does the construction of a street passen­ on that account, organized a railroad corporation called
ger railway upon the surface of the street impose any the Goshen & Wabash Railway, for the single purpose



546

UHE CHRONICLE.

¿VOL. LX.

of acquiring land by condemnation. We are informed large sums of money has been permitted, it would be
that the power has not had to be exercised in any case inequitable to correct at this time what was a mutual
(all right of way having been granted), and it is not mistake, under the influence of which those enterprises
thought likely that it will have to be. But if the have been pushed to completion; but it would seem
Goshen & Wabash should acquire land in that way it desirable that such charters should not be granted in
would at once be conveyed to the electric company. future until the Legislature ha3 made such provision
Of course it is a question how far the courts for the assessment of damages to property as shall pro­
would sanction such a proceeding. We may add tect the owners from the additional servitude which the
that in this State the street railway law seems construction of electric railways does certainly impose
broad enough to cover all kinds of trolley lines. For upon all adjoining owners outside of municipal bound­
Section 90 of the law of 1890, as amended by the law aries. At present an action at law is the only remedy
of 1893, declares that its provisions shall apply to within the reach of an injured person who has suffered
every “ street surface railroad, or any extension or ex­ a railway to be built across his land without objection,
tensions, branch or branches thereof,” * * * “ upon but equity will interpose to protect him if he comes in
and along any street, avenue, road or highway, in any proper time, by enjoining the construction until his
city, town or village, or in any two or more civil divi­ damages have been paid or secured to his satisfaction.”
sions o f the S ta te” And not only must the consent This view would seem sound ; under it what has been
of the local authorities be obtained, but also the con­ done cannot be undone, while future extensions will
sent in writing of one-half in value of the property- be made with the status and rights of the trolley lines
clearly defined— a fact which it is not unreasonable to
owners along the line of the proposed road.
Incidentally the Pennsylvania decision discusses some suppose may in many cases have the effect of prevent­
other points which have been raised bearing upon tne ing such extensions.
same general question. First, how is the assent of the
local authorities to be obtained in any given case, and
EFFECTS OF T H E A B S E N C E O F S A V IN G S
what is the proper evidence that it has been given.
B A N K RESTRICTIO N S.
The township books in the custody of the town clerk,
The intelligence this week that the Nashua Savings
gays the Court, are the records of the township and
should afford evidence of the action taken by the super­ Bank of New Hampshire has been closed by the Bank
visors in all matters of public importance. “ A paper Commissioners illustrates anew the danger resulting
in the pocket of a contractor or of some officer of a cor­ from the absence of proper safeguards on the invest­
poration is not the proper evidence of action by the ments of this class of institutions. Ia its more imme­
township or the school district.” The action needed is diate aspects the suspension of course is only of local
not that of the individuals who compose the board, but interest. But the lesson which this and previous sav­
of the official body. The supervisors must be together, ings bank failures in the same State convey is of wide
and their action must be taken in their official char­ application, and deserves to be noted and emphasized
acter, and should appear upon the township book kept wherever thrifc and frugality have provided a need or
by the town clerk. If not so taken it does not bind furnished an abiding place for these institutions.
In the newspaper accounts the “ depression of 1893
the township and has no validity whatever. Another
and
the consequent shrinkage in the value of securi­
question which came up in the case under consid­
eration was as to the right of a street railway ties” — that old stereotypid explanation which does
to begin a part of its line before it had obtain d duty now on every conceivable occasion— is assigaed as
the right to complete the whole. The Court decides the cause of the suspension. We are not prepared to
this cannot be done. A steam railroad may enter deny that the event mentioned has played an import­
upon any part of its line and commence building, ant part in bringing about the present situation. It
subject only to its duty to complete the line in accord­ maybe admitted too that “ unfavorable legislation,”
ance with its charter, says the Court. The reason of the other cause of the suspension mentioned in the pa­
this is that it is clothed with the power of emiaent pers, is also in part responsible for the result, provided
domain, and may enter and appropriate land regard­ this has reference to a feature in the St ite’s treatment
less of the will of the owner. But a street railway of the banks, referred to further below. B it the real
company does not possess the power of eminent trouble dates much further back and is of deeper
domain. It cannot build under its charter alone. Io origia, and the circumstances mentioned have simply
must have the consent of the proper municipal or local served to disclose the m ilady, which was sure to m iuiauthorities or it cannot move ; and where this is refused fest its presence the moment “ business depression ” or
in one or more of the municipal or quasi municipal some other trying development should subject the sys­
divisions through which its lines run, the building of tem to a little extra strain or pressure. The test of
its proposed road under its charter is an impossibility. endurance cam) with the occurrence of the panic of
But it will be asked what becomes of the trolley lines 1893, or, more accurately, it came with the unfavorable
actually constructed without authority or without ful­ developments which led up to the panic, and then a
filling all the legal requirements. It does not appear number of the banks learned that the disease had
that their status is doubtful. Says the C ou rt: “ We been allowed to progress too far to render recovery
know as a matter of current history that street rail­ possible. As a cinsequence we have had an unusual
ways have been projected, and actually constructed, list of fatalities since.
To our readers the reasons for the unfortunate results
and are now in operation over country roads where no
legal consent has been obtained, and where no atten- are well known, for they have time and again been
' tion has been paid to the rights of the property-hold, rs. pointed out in these columns and in the pages of our
Such railways cannot now be torn up or enjoined State a n d C it y S upple me n't . N o restraints were
either by the township officers or at the instance of placed upon the managers of the institutions in the
land owners along their routes. Where such enterprises making of investments. Tne New Hampshire banks had
have been allowed to proceed, and the expenditure of larger deposits in proportion to population than those of



March 30, 18W5.)

THE CHRONICLE.

547

any State in the Union. Yet up to January 1,1892, the as worth only half that, and $20,000 of Flint & Pere
banks had authority to invest their funds in every class Marquette preferred stock, costing $19,286, but worth
of security in the United States. This fact was noted now only about $6,000.
in the very first number of our State a n d C i t y S up
It deserves to be pointed out that apart from having
puem ent issued— that of October 1891— as was also the been loose in its regulation of the banks, the State has
fact that a change in the law had been made, to go into been responsible for their misfortunes in another way—•
effect Jan. 1, 1892. But the new law, while a step in the that is, in taxing them unduly, and thus forcing them
right direction, was nothing more. It placed certain pro into speculative fields in order to secure a high rate of
hibitions on the investments of the banks, but outside return on their investments. The Bank Commissio iers
of these the banks were allowed as wide a latitude as have frequently dwelt on the impolicy and injustice of
before. Moreover, the change came too late to avert burdening the banks with such high taxes, and in
disaster in a great many cases. In the recently-issued their present report they again return to the subject
annual report of the Bank Commissioners— an able and argue in favor of a reduction. In New Hampshire
body which has for many years sounded notes of warn the tax is one per cent, whereas in Maine and Ver­
ing— it is stated that during the late year two addi­ mont the tax is only three-quarters of one per cent,
tional savings banks were restrained from doing busi­ in Massachusetts only one-half of one per cent,
ness, while five other banks are named which have had with exemptions which reduce it to one-quarter
to reduce their deposit accounts because of impairment of one per cent, and in Rhode Island and
of condition, one 15 per cent and the others 25 per Connecticut only one quarter of one per cent. Not a
cent. Now comes the announcement that the Nashua dollar of the deposits escapes taxation, say the Com­
Savings Bank has also suspended.
missioners ; and the tax is collected and returned to
The general distrust which has been created is the State without expense. For the purposes of taxa­
shown, too, by .the decrease in deposits between tion, they declare, the deposits of New Hampshire
June 30, 1893, and June 30, 1894, from $74,377,279 savings banks in 1894 were nearly four times the valu­
to $70,616,944. This decrease is the more significant ation of all the railroad property in the State, includ­
since every other New England State (with the excep­ ing rolling stock and equipment; xmore than four
tion only of Rhode Island) and also New York, New times the value of manufacturing plants of the State;
Jersey and Pennsylvania, all show increases for their equal to three-fifths of the value of all the land and
latest fiscal years. Furthermore, the New Hampshire buildings in the State, and two-fifths of all the inven­
Commissioners state in their report that the withdrawals tories of the State as returned by the selectmen and
of deposits were still in progress at the date of their assessors of the towns and cities. In three fourths of
writing— that between June 30, 1894, and December 1, the towns of the State the savings bank tax more than
1894, there had been a further net reduction of $1,500,- pays the State ta x ; while taken as a whole it is almost
000. Moreover, during the fiscal year the guaranty equal in amount to one and a-half times the State
fund and surplus of the banks decreased nearly a mil­ tax.
lion dollars by reason of losses, reduction of book value
But though the State is primarily responsible fo*- +h">
of assets, &c.; and the banks with very few exceptions unfortunate results attending the management of i *>-»
now pay only 3 per cent interest where a few years ago savings institutions in so many cases, it would hardly
they paid about double that rate.
be fair to say that the entire blame rests upon it. The
It is commonly supposed that the troubles of the Bank Commissioners, in one of their previous annual
New Hampshire banks have resulted entirely from reports, summed up the matter properly when, after
their investments in Western real estate mortgages. statiDg that the difficulties of the banks were due to
These certainly have proved very unfortunate. the absence of legislation prescribing their invest­
But that is not the only way in which the ments, they said that “ the State, the depositor
banks have lost money. Some of the loans on real and the savings bank management are alike to blame
estate at home have been no less unsatisfactory. Then for the present situation. The State ha3 insisted upon
the investments in stocks and bonds have been in some its one per cent tax on savings deposits, the depositor
cases the most disastrous of all. In tins' latter par­ has demanded a high rate of dividend, while the savings
ticular the outcome has been just what might have bank iqanagers have been enticed from legitimate sav­
been expected from allowing the managers absolute ings bank investments by the high rates of interest pre­
discretion in the buying of securities. We noted in vailing in the West and the demand made upon the
our article in the State a n d C it y S upplem ent of April savings banks by both the State and the depositor.”
1894 that one of the banks which had failed in the pre­
Probably the worst has now been seen. Already a
vious year with nominal assets of $870,000, had had the great change has occurred in the character of the in­
greater part invested in Sioux City enterprises— a vestments of the banks. The purchase of Western
stock-yards company, a loan and trust company, an mortgages, we are told, has been practically discon­
investment company, &c., &c.— that more than half tinued, and where new loans ®f this character are
the amount was in default at that time, and that some taken they are almost entirely for the extension of
of the holdings of stock were absolutely worthless. The old loans. During the last three years the investments
Nashua Savings Bank, whose failure is now announced, in Western mortgages have been reduced from a total
by its condition illustrates the situation no less strik­ of $25,035,676 to a total of only $20,467,133, includ­
ingly. That bank, according to its report for June 30, ing in the latter all real estate acquired by foreclosure
1894, held $20,000 of Union Pacific Stock, for which of defaulted loans. During the same three years the
it paid par, but which now is worth only $2,000; it holdings of municipal securities have risen from
held $47,600 of Eel River stock, which cost it $44,200, $7,041,254 to $10,977,599,
and this movement
but which is estimated to be worth only $19,040; $15,- we may reasonably expect will continue. Fur­
000 of Oregon Navigation stock, costing $12,930, but thermore, a good part of the loss and depreciation
worth now only about $3,000; $40,000 of Cincinnati incurred has already been charged off.
Then the
Lebanon & Noithern stock, costing par, but put down Legislature is now considering amendments pro-




THE CHRONICLE.

548

posed by the Bank Commissioners intended to place
future investments of the banks on a sound basis. If
in addition the Legislature will lighten the burden of
taxes the banks will quickly recover lost ground, the
more so as we may suppose that the weaker and insol­
vent concerns have now all been eliminated. In this
sense the failure of this week is to be taken as reflect­
ing the past rather than the future.
L A K E E R IE é

WESTERN.

[ VOLa L X .

after providing for the amount required for this pur­
pose there was left a surplus of $204,569, of which
$74,123 was appropriated for betterment expenditures,
$69,469 for improvement and equipment account
and $38,833 in payment of a loss; the $22,144
remaining
was carried
forward
as a credit
to income.
President Calvin S.
Brice points
out that during the last eight years $1,943,977 has
been spent for betterments and that $1,803,888 has
been expended for new equipment, and he states that
^f all of the moneys expended for betterments and im ­
provements of every description during the entire
period above named, and more than $300,000 of the
amount paid for new equipment, have been paid out of
the net earnings of the company.”

The Lake Erie & Western ¡Railroad has issued a
hand-book giving in detail all the physical character­
istics of its system of roads. The book is bound in
flexible covers and furnishes the most comprehensive
statement of the physical details of a railroad property
which we ever remember having seen in printed form.
Stock Exchange Clearing-House Transactions. — The
It gives the width of every piece of the right of way, subjoined statement includes the transactions of the Stock
shows alignment and profile, the character and condi­ Exchange Clearing-House from March 18 down to and includ­
tion of ballast, ties, rails, the highway and street cross­ ing Friday, March 29 ; also the aggregates for January, Feb­
ings, road-marks, cattle-guards, bridges, girders, ruary and March in 1895, 1894 and 1893.
STOCK EXCHANGE CLEARING HOUSE TRAN8AOTIONS
trestles, freight and passenger houses, "ash-pits,
,— Shares, both sides.—.
-------- B alances, one side. --------- Sheets
Cleared. Total Value. Shares. Value Shares. Cash. Cleared
coaling stations, water stations, fencing, inter­
$
1893—
$
$
3,000,000 210,790,900 3,309.500
6.8?9
. 28.544.50i) 2.064.709.000
locking plants, telegraph system, &c., àa.— in fact
6.151
2.5*7.900 172,701.000 3,529,010
February. . 25.108.MOO 1,744,400.000
everything making up or forming part of a railroad. M arch.... . 24,501.100 1,690,000,000 2,709,800 167,900,000 3,781,100 7.080
I f every company in the United States furnished an 3 m o s ... 78,2445,00 5,499,109,000 8,291.700 551,301,000 10,813,600 20,070
1894—
1.354,000
69.100,000 2,011.900
6.8?0
. 18.363.000 1.088.600,000
equally complete and detailed statement of the physical January...
5.5^8
7S4.800.000
1,0.45,400
58,2 10,090 1,396.900
February . 12.8t7.600
condition of its property, there would be less occasion M arch.... . 16,912,900 1,076,141,000 1,452,100 81.809,000 1,928,700 6.581
. 48,123,500 2,949,811,000
3,841,500 207,100,000 5,366.600 19,<K9
for criticising American railroad management, for in 1 38 m9 5os...
896.200.000
63 700.000 1.483 190
. 13.593.500
1,091.000
6.434
that case the investor would have only himself to blame February. . 12.030.600 762.100.000
6.516
65.900.000 1,133 500
997.500
85,400,090 /1,926,400
6,510
1,493,690
March. .. . lM,0i7,70) 1,297,500,030
if he bought the securities of a property in poor or im­
3,582,100 201,100,000 4,543,000 18.489
3 mos .. . 44,631,800 2,833,890,000
perfect [physical condition, or which was being
/— Shares, both sides.—. ---------- Balances, one side--------- Sheets
Shares. Value Shares. Cash. C leared.
Cleared. Total Value.
“ skinned” in order to make a good showing of net
$
$
$
4 ,4 0 0 ,0 0 0
7 8 ,6 0 0
323
7 2 ,1 0 0
M a r.1 8 ., . 9 3 8 .3 0 0 6 6 ,2 0 0 ,0 0 0
earnings.
4 ,7 0 0 ,0 0 0 1 4 7 ,4 0 0
317
7 6 ,0 0 0
“ 1 9 ... 9 3 1 ,8 0 0 6 6 .0 9 0 ,0 0 0
1
2
5
.3
0
0
313
7 6 ,0 0 0
5 ,1 0 0 ,0 0 0
f 2 0 ... 9 5 7 ,2 0 0 6 9 ,5 0 0 .0 0 0
The Lake Erie & Western annual report for the cal­
5 0 ,5 0 0
3 ,9 0 0 ,0 0 0
311
8 0 .5 0 0
“ 2 L ... 7 7 8 .8 0 0 4 0 ,6 0 0 ,0 0 0
320
3 ,9 0 0 ,0 0 0 1 3 6 ,2 0 0
9 0 ,3 0 0
“ 2 2 ... 9 9 7 ,5 0 0 4 8 ,6 0 0 ,0 0 0
endar year has also been issued the present week and
this likewise reveals some exceptional features. ^W hile Tot. w k .. 4 .6 0 3 .6 0 0 2 9 0 ,9 0 0 ,0 0 0 3 9 4 ,9 0 0 2 2 ,0 0 0 ,0 0 0 5 3 8 ,5 0 0 1 ,5 3 9
2 7 1 ,4 0 0 1 6 ,3 0 0 ,0 0 0 3 2 L, 100 1 ,2 5 6
« V k la s t y r 3 .o l7 .6 0 0 1 9 8 ,4 0 0 .0 0 0
the system is not a large one, comprising only 725 M ar. 2 5 . .1 ,3 0 2 ,0 0 0 ¿ 6 4 ,6 0 0 ,0 0 0 1 3 6 ,4 0 0 6 ,0 0 0 ,0 0 0 1 3 1 ,2 0 0
335
333
9 3 ,5 0 0
5 .8 0 0 ,0 0 0 1 2 9 ,6 0 0
“ 2 6 . .1 ,7 0 0 ,8 0 0 7 4 .6 0 0 ,0 0 0
miles, the report shows that ,in a year of very great
3
,6
0
0
,0
0
0
6
1
.2
0
0
2
97
.
7
6
3
.9
0
0
6
6
,2
0
0
4
0
,6
0
0
,0
0
0
“ 27
6 2 ,7 0 0
3 ,7 0 0 ,0 0 0
6 0 ,9 9 0
311
7 2 4 ,0 0 0 4 4 ,9 0 0 ,0 0 0
.
depression in trade, earnings were remarkably well I“ 22 98 ...
3 ,0 0 0 ,0 0 0 4 1 ,5 0 0
283
5 8 ,1 0 0
5 7 1 ,5 0 0 3 1,6 0 0,00 0
maintained, both gross hud net. Gross fell off only
4 1 5 .1 0 0 2 2 ,1 0 0 ,0 0 0 4 2 0 ,2 0 0 1 ,5 5 8
T ot. w k . .5 .0 6 7 ,2 0 0 2 5 9 ,3 0 0 ,0 0 0
from $3,512,620 to $3,345,401, and net only from W x la sty r2 ,8 7 8 ,8 0 0 1 5 5 ,4 0 0 ,0 0 0 2 8 9 ,7 0 0 1 4 ,3 0 0 ,0 0 0 2 5 0 ,6 0 0 1 ,4 5 8
The stocks cleared now are American Cotton Oil common
$1,258,379 to $1,251,902. The passenger traffic was
American Sugar common, Atchison, Central of N. J ., Chicago
smaller than in the year preceding, thus reflecting Burlington & Quincy, Chicago Gas, Chicago Milwaukee & St.
the depression in business, but the freight traffic actu­ Paul common, Chicago & Northwestern common, Chicago
Rock Island & Pacific, Delaware & Hudson, Delaware Lack­
ally increased— from 1,88.9,411 to 2,116,389 in the awanna & Western, Distilling & Cattle Feeding, General
number of tons moved, and from 301,762,085 to 331,- Electric, Lake Shore & Michigan Southern, Louisville &
Nashville, Manhattan, Missouri Pacific, New York Central,
437,527 tons in the number moved one mile. An New Y. L. E. & W e st., North. Pac. pref., National Lead
increaso in tonnage for such a year as 1894 is quite an common, Phila. & Read.. U n ., Pac., U . S. Cordage com ­
mon and preferred and Western Union.
achievement, and we find that while several leading
items of freight show a diminished tonnage the
Italy’s Forecast of the Operations of our B ond Syndi­
loss was more than offset by gains in other
cate —Messrs. Watson & Gib3on in their “ Daily Market
items, and particularly a gain in the coke Letter” under date of March 26 have the follow in g:
tonnage, which latter amounted to 250,044 tons
The recent operations by the bond syndicate recall a similar
in 1894, against only 49,306 tons in 1893. In the one undertaken by a group of foreign financiers in July, 1831,
for the purpose of supplying Italy with specie, chiefly gold,
revenue from the freight traffic, however, there was a for resumption purposes.
The Bank of Italy and the Italian Credit Mobilier, the
small decrease notwithstanding the larger tonnage—
Banque d’Eicompte of Paris, the Barings, Raphaels and
the freight earnings being $2,092,963 for 1894, against Hambros of London, agreed to furnish the Italian Treasury
$2,123,474 for 1893—indicating a lower average rate with 484 million lire (about 88 million dollars) in gold, and
200 million lire (about 40 million dollars) in silver. In order
received.
The average per ton per mile for 1894 was to procure this specie they were to sell 729,000,000 lire of
0*631 cent and for 1$93 0*704 cent— a low figure in Italian 5 per cent Rentes at 88}^, on a commission of one per
cent. The payments were to begin in August, 1881, and to
both years.
he concluded by September, 1882. W e are indebted for the
Out of its net earniDg3 of $1,251,902 the com­ facts concerning this operation to Mr. Rosenraad, of Paris,
who at that time represented the Banque d’Escompte. H e
pany had fixed charges of only $455,333 to meet, says:
“ It was not without the deepest apprehension that ex­
this being the interest on its bonded indebtedness,— perts in finance watched this enormous operation, the success
which was to have a decisive influence upon the develop­
taxes and rentals having already been taken of
ment of prosperity in Laly. It was asked how it would be
out.
Over and above the fixed charges therefore possible to lay down in the Kingdom 441 million lire in gold,
without creating the gravest ¡financial disturbance in the
there was a balance of $796,569. The company is pay­ markets
of the whole world. The contractors of the loan
ing 5 per cent dividends on its preferred shares, and i were not to be dismayed by their gloomy provisions, and,




Marcii 30, 1«95 |

THE

CHRONICLE.

549

thanks to their energy, ability and perseverance iu the face
In spite of the threatened strike in the South W ales coal
of untold difficulties, they delivered to the Government at
the end of January, 1883, not444 million lire, but 49i million trade and the the dispute already raging in the boot trade,
lire, or 47 million more than was stipulated, and this w ith­ there are at last signs of a decided improvement in trade gen ­
out causing the Fast perturbation on the money market.
erally. Especially there is a greatly increased demand for wool
“ This loan was for the purpose of establishing specie pay­ at decidedly better prices. A t the sales now going on prices
ments, and as the credit of Italy, until within a few years,
had been desperately bad, its budgets showing large deficits, are from 8 to 10 per cent, and in a few instances even 15 per
its bonds tremendous shrinkage and its currency an alarming cent, higher than at the January sales. Large purchases are
depreciation, it was feared that this gold would leave the being made for the United States, France and Germany.
country as soon as the public Treasury was opened for the re­ There is not much improvement in the very best kinds of
demption of paper notes. The 12th of April, 1833, was the
dsy fixed for this resumption of specie payments, but on that wool, but in the inferior qualities the advance is considerable
day not more than $600,000 in value of notes were presented. and the buying is eager. The general belief now is that there
It succeeded admirably; there was almost as total an absence will be but a small increase in the last Australian wool clip.
of demand for gold as was witnessed in the United States Hitherto it was estimated that the increase would be about
after our resumption of specie payments in 1879.” *
*
*
The Yorkshire manufacturers are all very
W hen the Italian scheme was found to be a succpss , indus­ 150,000 bales.
tries of all sorts were quickened into new life and activity, busy and orders are pouring in ; and there is some improve­
foreigners bought Italian Rentes in wholesale quantities, and ment also in the prices of produce generally, especially o f
foreign capital came in for investment in all manner of weeat, it being feared that the recent bad weather has seri­
enterprises.
ously injured both the French and the Russian crops.
Upon the Stock Exchange there is hardly any change.
Speculation has been very active during the week in the
South African department and prices are all higher. The
buying seems to have been chiefly for France.
In the Am er­
[F r o m o u r o w n co r re sp o n d e n t. 1
ican department there is somewhat more confidence, and
L o n d o n , Saturday, March 16, 1895.
hopes are now entertained that the withdrawals of gold from
The Bank of France on Thursday lowered its rate of dis­ the Treasury are at an end.
But the general public is still
count to 2 per cent from 2 ^ per cent at which it has stood holding aloof. The South American department is quiet. SÒ
since the 19th of May, 1892— not far short of three years. is the Colonial ; and the very best securities, such as consols,
Money is very abundant in Paris and thé outside rate for a are rather lower because of the rise in money rates. Inter­
considerable time has been much under the Bank of France bourse
securities, however, have advanced.
The best
rate. But that is not believed to be the real cause of the informed are beginning to fear that speculation is becoming
reduction. It is well known that the French Government dangerous in Paris.
Not only have the purchases of South
intends to fund about 40 millions sterling of its floating debt, African securities been upon an unexampled scale for months
and that the city of Paris is preparing for a loan of about 10 past, but there has also been a rather wild speculation in Ital­
millions sterling.
Further, negotiations have been going on ian, Spanish and Turkish bonds and Ottoman Bank shares.
from time to time for a couple of years past between the It is believed that the great operators are now “ sbort” and
Spanish Government and the leading banks in Paris for a that the buyers are finanòially weak. They will be helped,
loan, and the Paris market is now believed to be more favor­ of course, by the reduction of its rate by the Bank of France,
ably disposed than heretofore towards this proposed loan. and while money continues so abundant there does not seem
Then it is also possible that there may be another Russian much danger of a break ; utìdòubtedly, however, the situation
loan ; and various other financial transactions are talked of. is far less sound than it has been heretofore. There is no
The Bank of France holds nearly 86 millions sterling in gold. recovery on the Austrian bourses but the German bourses
In London money has been in strong demand during are steady.
the week. The rate of discount is about 1 % per cent in the
The following return shows the position of the Bank of
open market ; short loans have çuled from 1J^ to 1 % per cent, England, the Bank rate of discount, the price of com ols, & c .,
and in some cases as much as 1% per cent has been paid. compared with thè last three years:
The demand was due partly to the locking-up of funds, owing
1893.
1894.
1393.
1892.
to the collection of the revenue, partly to the demand for the
Mar. 13.
Mar. 14.
Mar. 15.
Mar. 10.
X
£
£
£
Stock Exchange settlement which began on Monday morn­
Circulation..................................... 24,813,195 24,025,930 24,498,320 24,054,420
ing and ended on Thursday evening, and partly to the recent Public deposits .......................... 10/04.913 10,389,387
9,467,725 30,575,215
withdrawals of gold for the United States and Chili. It will Other deposits ........... ............. 30,312,254 28,180,901 27,716.147 27.539.9Í1
8.933,543 10,914.871 10.785,134
be recollected that the Messrs. Rothschild about a fortnight (Jovemtnent securities............... 12,433,488
Otber securities .......................... 18.089,287 21,475,054 25,577,708 28.377,355
ago sold Chilian Treasury bills amounting to about £1,200,000 Reserve o f notes and coin........ . 28,874,68 7' 23.525,017 19,133,111 17,416,619
for the purpose of taking gold to facilitate the resumption of Coin & bullion, both departm’ts £8,937,783 30,751,547 27.146,4 i l 23.83t.03
Prop, reserve to liabilities..p. c.
70
00M
51 3-18
45%
specie payments ; and this week about half a million sterling Bank rate ..................... per cent.
2
2
3
2*
has been withdrawn from the Bank of England for Chili. Consols, 2% per ce n t................... 104 9-18 99 13-18
98%
963*
Silver
.............................................
27
15-16d.*
27%d.
38
3-1Od.
41%d.
But the firmness of the market is only temporary. W e are
Clearing-House returns...... .
110,133', OOO lÓ9,Óu4,000 140,714,000 142,033,00
now enteriog upon the period when the disbursements from
* March 14.
the Treasury will largely exceed the receipts.
The following showe the quantities of wheat, flour and
The half-yearly meeting of the Bank of England share­
holders was held this week and a dividend at the rate of 4 ^ maize afloat to the United Kingdom ;
per cent was declared, comparing with 4 ^ per cent twelve
months ago. Nothing of interest passed except the official
announcement that the Baring liquidation had been com­
pleted— which of course is now old news.
The silver market has been decidedly stronger this week
than for a long time past, and business has been done as high
as 28d. per ounce. The rise is thought to be speculative, for
there is little demand for India, China or Japan ; but the gen­
eral belief is that the Chinese Government is prepared to make
almost any sacrifice to secure peace and that when peace is
arranged there will be a large Chinese loan, the proceeds of
which will be taken in silver. The India Council on Wednes­
day offered 60 lakhs of rupees in bills and telegraphic trans­
fers and sold the whole amount at from Is. <)%d. to Is.
0 15-16d. per rupee.
Since then it has sold fairly large
amounts by private contract. There are still two weeks to
the end of the financial year, and the general expecta'ion is
that the sales of drafts will yield within about half a million
sterling o f the amount required to cover the home charges.
The average price obtained will prdbably be rather over Is.
Id. per rupee. The Budget estimate was Is. 2d. per rupee.




Th.it week.
w h e a t ............
.q r s .
F lour, eq u a l to qrS.
M.aize..................... q r s .

Last week.

3 ,1 9 0 ,0 0 0
4 4 3 .0 0 0
3 0 8 ,0 0 0

3 ,3 0 4 ,0 0 0
2 4 0 ,0 0 0
2 9 9 ,0 0 0

1894.
2 ,3 6 6 ,0 0 0
4 2 2 .0 0 0
4 3 7 ,000

1893.
2 ,8 0 5 .0 0 0
438 000
3 0 6 ,5 0 0

E n a l l i h F in a n c ia l it l a r K e t i -P e r C a b le .

The daily closing quotations for securities, & c., at London
are reported by cable as follows for the week ending Mar. 29
London.
S ilv e r, p er o z ............. . . .
C onsols, new , 2 % p. o ts.
F o r a c c o u n t ...................
Fr oh ren tes (in P a rislir.
Ü. 8 . 4s o f 1 9 0 7 ...............
A tch, Top. <fe 8. F e .c o m .
C anadiau P a citio ........ .....
C hic. M ilw . <fe St. P a u l..
[lliu o ls C e n t r a l. .
L ake S h ore . . . ________
L o u isv ille & N a s h v ille ..
M ex ioau C entral 4 s ........
N. Y. C entral & H ud son
N. Y . L ake E rie & West.
2d o o u s o l s .____ _
N orfolk <fe W est’ll, p r e f.
N orthern P a citio, p r e f ..
P e n n s y lv a n ia ........ ...........
Phil. 4 R ead., p er share
U nion P a citio.__ ____
W abash, p r e f.....................

Sat.

Mon.

28 78
2 S 7a
Ï 0 4 7 ie 1043s
104% *
10413
iP 3 -b 0 O i'8 7 %
51«
3318
5813

8313

140
51%
60%
98
9
62

5 >4
39 mi
5938
89
1401«
53kt
60%
98*2

913

63

161«

16%

51a
93a
14 '4

10%

5113
u%

Tues.

Wed.

Thurs.

29%
29%
,2 8 ’ a
I 043& 104%
104%
1047,«
104
102 s2 0 3-8 2 % 102-70

F ri.
29%
t0 4 lii(v
I0 4 i3 ,g
102*55

59 7a
90
140%
53*4
61%
98%
10%
63%

6®8
3*38
593a
89%
(4 0
523g
62
98%
10
63%

5%
38%
x38%
39%
140
52%
6 1%
x97%
10
63

5%
3*%
58%
*9%
140
52%
61%
97%
10

173a
6 1 78
6%
113s
15

17%
62
C®8
11%
I 4 7a

16%
52
6%
10%
14%

163s
52
6%
10%
1 4%

Ò1*

3913

63

THE CHRONICLE

550

Commercial atxd miscellaneous Heurs
I m p o r t s a n d E x p o r t s f o r t h e w e e k . — The following are
the imports at New York for the week ending for dry goods
March 21 and for the week ending for general merchandise
March 22 ; also totals since the beginning of the first week in
January.
FOREIGN IMPORTS AT N EW Y O R K .

Tor Week.

\

D ry G oods . . . .
G en ’ l m er’ d ise.
life ft, . .

F T o t a l............
rSince Jan. 1.
D r y G o o d s ----G e n ’l m e r’ d ise .

1892.

|

1895.

1894.

1893.

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

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

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

$ 1 ,8 1 1 ,2 7 4
9 ,2 8 2 ,2 5 1

$ 9 ,6 4 8 ,4 9 2

$ 1 5 ,3 5 4 ,6 2 0

$ 1 1 ,0 9 3 ,5 2 5

$ 8 ,3 8 0 ,1 9 1

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

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

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

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

T o ta l 1 2 w eek s. $ 1 3 1 ,8 3 9 ,5 5 8 $ 1 5 9 ,6 7 8 ,2 3 6 $ 1 0 3 ,4 9 8 ,0 5 6 $ 1 2 0 ,6 1 1 ,2 6 1

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 26 and from January 1 to date :
EXPORTS FROM NEW Y O R K FO R THE W EEK.

-

1892.

F o r th e w eek
P r e v . re p o r te d .
T o ta l 12 w eeks.

1895

1894.

1893.

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

$ 7 ,4 6 3 ,0 0 7
7 0 ,0 2 3 ,4 3 4

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

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

$ 9 8 ,1 2 1 ,9 8 1

$ 7 7 ,4 8 6 ,4 4 1

$ 8 7 ,6 3 4 ,7 4 1

$ 8 1 ,8 1 9 ,7 4 6

The following table shows the exports and imports of specie
at the port of New York for the week ending March 23 and
since January 1. 1895, and for the corresponding periods in
1894 and 1893:
EXPORTS AND IMPORTS OF SPECIE AT NEW Y O RK .

Imports.

Exports.
Gold.
G rea t B r ita in ...........
F r a n c e ..........................
G e r m a n y .....................
W est IndieB.............
M e x i c o ........................
g o u th A m e r ic a ..........
A ll o t h e r c o u n trie s .
T o ta l 1 8 9 5 .
T o ta l 1 8 5 4 .
T ota l 1893.

Since J a n .1.

Week.
$ 3 ,7 0 0
7 0 0 ,7 2 2
8 5 ,0 0 0

,0 1 2 ,5 0 0 $ 1 ,6 4 8 ,1 2 8
5 5 0 ,2 5 7
1 1 ,9 1 6 ,4 0 0
5 ,7 7 2 ,0 3 6
700
3 ,2 6 6 ,2 2 »
687
7 ,0 4 3
3 5 0 ,1 1 2
6 15
2 5 6 ,0 0 0

$ 9 ,3 3 7 ,0 4 9
1 ,1 1 0 ,3 6 6
1 ,0 4 4 ,6 5 2
1 7 ,7 32
1 5 ,7 9 2
1 1 0 ,7 1 6
1 6 ,2 95

$ 7 8 9 ,4 2 2 $ 2 9 ,5 7 3 ,2 7 1 $ 2 ,2 0 7 ,4 3 0 $ 1 1 ,6 5 2 ,6 0 2
2 ,7 5 2 ,4 4 3
138,4861 7 ,8 2 5 ,8 5 9
1 4 6 .9 7 2
4 ,2 5 8 ,3 4 4
1 ,4 7 5 ,0 5 3 ' 3 3 ,5 5 6 ,4 7 8 1 ,1 0 5 ,9 0 8

Imports.

Exports.
Silver,

Since Jan 1

Week.

Week,

Since Jan. 1.

123 ,76 4
8,271

6 33
73
182
2 ,3 4 3

$ 4 0 ,7 3 0
2 ,1 7 6
1 ,380
2 6 ,6 1 4
1 2 2 ,5 6 5
8 0 ,0 1 4
7 ,7 7 4

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

$3,2 91
1 1 3 ,3 3 7
1 4 ,9 1 4

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

G r e a t B r ita in ............
F r a n c e .........................
G e r m a n y .....................
W e st In d ie s ...............
M e x i c o . . . . ..................
S ou th A m e r ic a ..........
A ll o t h e r co u n trie s.

$ 5 6 2 ,7 5 0

$ 6 ,5 3 0 ,0 0 5

900

6 ,6 0 3
7 7 ,6 6 5

T ota l 1 89 5 .
T ota l 189 4 .
T otal 1893.

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

4 6 ,3 3 4

Since Jan. 1

Week.
60

— Mr. M. E. Ingalls, President of the Big Four and Chesa­
peake & Ohio railway companies is in town. H e speaks very
encc uragingly about business and its prospects. It is very
good, he says, in the small manufacturing towns on the Big
Four. The C. & O statement for February shows a decrease
from last year in gross and net, owing, he says, to cold
weathtr. it was the coldest month for years in the Virginias
and trains were snow-bound for a week. This decreased earn­
ings and added to expenses.
An interesting feature not generally known is that the C. &
O. Co, during the fiscal year which began on the first of July
last has been charging all miscellaneous construction items
and improvements, such as additional sidings, taking out tun­
nels, filling trestles, new stations and other like work of
which there is more or less being done, directly to operating
expenses, and this averages about $25,000 a month.
Business for March, Mr. Ingalls states, is very good. It
will show a large increase over last year in both gross and net
on both systems.
— Mr. Jacob Rubino, No. 3 Broad Street, offers $100,000
Cleveland Lorain & Wheeling first mortgage fives due 1933,
These bonds cover 192 miles of main line, including the ex­
tension to Cleveland, which was completed in December last
and is now in operation. The mortgage also covers 70 miles
of sidings and equipment, valued at over $1,000,000; docks,
extensive terminals, &c. The present annual fixed charge is
$264,000, while the net earnings for only seven months ending
January 31 were $285,080. The large Johnson Steel Company
works at Lorain will commence operations April 1.
— Messrs. Redmond, Kerr & Co. advertise a list of high
grade investments in to-day’s Chronicle, consisting of first
mortgage gold bonds and guaranteed stock of prominent rail
road companies. Their descriptive circulars, giving full de
tails, will be furnished on application.
— Messrs. Farson, Leach & Co,, New York and Chicago, ad
vertise Great Falls, Mont., six per cent school bonds in our
Ssate and City Department. The advertisement gives partic
ulars of debt, &c.
— Messrs. Parkinson & Burr have changed their New Y ork
address from 56 Broadway to a fine suite of offices in the new
Manhattan Life Building at 66 Broadway.




jVOL. LX,

— The Reorganization Committee of the Northern Pacific
& Montana Railroad Company, George P. Sheldon, Chairman,
gives notice to bondholders that nearly a majority of the
bonds of the company h e ll by the public have been deposited
under the committee’s agreement, and that so soon as such
majority is deposited application will be m a le to list the
certificates of the Knickerbocker Trust Company on the New
York Stock Exchange. The Knickerbocker Trust Company
will continue to receive bonds up to April 15, after which
time they will be received only on such terms as the com ­
mittee may impose.
— The Reorganization Committee of the Distilling & Cattle
Feeding Company announces that there have been deposited
under the plan upward of 300,000 shares of stock, and there­
fore declare the plan operative. In the interest of all parties
the committee has extended the time within which holders of
stock may deposit the same with the Manhattan Trust Com­
pany up to and including March 30, 1895, upon the payment
of a penalty of twenty-five cents per share in addition to the
first instalment of $1 per share, which must be paid at the
time of the deposit.
— Messrs. John H . Davis & Co, offer for sale a choice selec­
tion of railroad, street railway, gas and other first mortgage
bonds.
— Messrs. N. W . Harris Sc Co.’s April list of municipal se­
curities is ready and will be mailed on application at their
office, 15 W all Street, New York.________________________________

City Railroad Securities—Brokers’ Quotations.
Bld.

Ask.

Bld.
Atlan. A ve., B ’ k lyn—
Con. 5s, g., 1931.. A&O
Gen. M. 5s, 1909.. A AO
Im pt. 5s, g., 1934.. J& J
Bleek. St. & F o l.F .—Stk.
Istm o rt., 7s, 1900. J& J
B’ wav &7th A v e .—Stock.
l s t m ort., 5s, 1904. J&D
2d m ort., 5s, 1914.J& J
B ’ w av lst,58,guar,1924
2d 5s.lnt. as rënt’1.1905
Consol 5s, 1943...J & D
B rooklyn City—N ew stk.
Consol. 5s, 1941. ..J & J
B k'yn.C rosst’n ô s . 1903
B kl’n Q’nsC o.& Su b.lst
Bklyn.C.& N ’ wt’ wn—Stk
5s, 1939...........................
B rooklyn T raction...........
P reférred..................... .
Central Crosstown—Stk.
l s t M., 6s, 1922...M & N
Cen.Pk. N .& E .B iv .—Stk.
Consol. 7s, 1 902...J& D

110
108 ^
98

108
107

28
111 112*3
192
188
§107 110
§108 109*3
§109 112
§104 *3 106*3
110 110*4
158 159
110 111*3
105
§102*3 103 s«
200
§108 109
10
9
51
170
117
160 164*3
§111 112X

Ask.

Christ’p’ r& lO th St.—Stk. 150 156
03
Istm o rt., 1898 ...A & O 105
D. D. K. B. & B at’y —Stk. 154 156
1st, gold, 5s, 1932. J& D §114 S? 115 *a
S c n p ............ ................... §103 104*3
.....
Eighth A venu e—S tock . . . 300
.....
Scrip, 6s, 1914 . . . . . . . . . 103
42d & Gr. St. F er.—Stock 310
63
42d St.& M an.& St.N . A v.
60
1st m ort. 6s, 1910.M&S §112*3 115
ô8"*a
57
2d m ort.inoôm e 6s. J &J
5*3
L ong Island T ra ction —
6*4
M etropolitan T ra ction . . .
91*3 92*3
.
..M
Ninth A venu e—S to c k ... 149
Second A venue—S to ck .. 140 149
1st m ort.,5s,1909.M& v 107*3 109
Debentui e 5s, 1909. J & J 103 104 %
Sixth A venue—S tock .. . 210 215
T h ü d A venue—S t o c k . . . 169 161
Istm o rt., 5s, 1937.J& J 118 119
T.wenty-Third St.—St’ k. 300
Deb. 5s, 1903................. 100 105
U nion B y—S t o c k ............ 100 106
1st 5s, 1 9 4 2 .................... 104*3 1051«
W estch est’r, 1st,gu.,5s. 100 102

§ A nd aocrned interest.

Gas Securities— Brokers’ Quotations.
G A S C O M P A N IE S .

Bid.

B rooklyn G as-L ight......... 120
140
Central.................... .
Consumers’ (Jersey City). 70
96*a
Citizens’ (B rooklyn ) .......
Jersey C ity & H o b o k e n .. 190“
MetropoUum—B ond s........ 108
154
200
100
N . Y . & East B iv . 1st 5s.. 84
Preferred ........................ 42
23 *•.
Common. .............. . —

125

IrO
75

G A S C O M P A N IE S .

Bid.

People’s (B rooklyn ). .. . .
Peoples’ (Jersey C ity )—
M etropolitan (B rook lyn ).
W illiam sburg . . . . . . . . . . . . .
1 s t 6s................
......
Fulton M u n ic ip a l.........
Bonds, 6 s . . . . . . . . . . . . —

85

170
165

200

A sk .

170

106 108
170 175
105
185 188
Equitable........
160
106
Bonds, 6s, 1899 ........
95
Standard p re f. . . . . . . . . . . . 92
Com m on.________. . . . . . . . 40*3 42»a
84*3
45
47
W estern Gas
.............
45
82 I 84
25
Bonds, 5 s..................... .
62

ft III*.Mini ¡3R1C».— A lU U U g UVUC1 aceuilV iO O lUO

VYl u g , UU1

regularly dealt in at the Board, were recently sold at auction
B y Messrs. R. V . Harnett & C o .:
Shares.

Shares.
1 0 0 C lin to n B an k ................... 8 7
1 0 0 C h e se b ro u g h M fg . C o.,
C o n s o lid a t e d ...... ............ 2 4 0
6 0 0 K in g s. & P e m b . I r o n M’ g
C o., $ 2 5 ea oh . ,. ..2 5 o . p e r sb.

1 0 0 K in g s . & P em b. R y. C o ..
3
2 0 0 C on sol. E le c. S to r a g e C o.,
$ 2 5 e a o h ............................ $ 1 9 0

B y Messrs. Adrian H . Muller Sc Son:
Bonds.

Shares.
12
28
30
150
50
49

U n io n F e rry C o ................. 63
S. 8. W hite D en t. M fg .C o. 1 33
C o n tin e n ta l F ire In B .C o .2 6 2 1«
B u tch . & D ro v . N at. B k .l S O ^
C en tra l N at. B a n k ..........1 1 7 1«
C on su m ers’ G a s C o. o f
N e w b u r g ............................ 6 0
3 C o m m e ro ’l A llia n c e L ife
In s. Co. o f N . Y ............. $ 1 lo t.
4 0 F a r r a g u t F ir e In s. C o . . . 75
5 0 S ou th ern C o tto n O il co m . 35
5 0 N at. B ro a d w a y B a n k .. . . 2 3 5 1«

$ 3 ,0 0 0 C ity o f L o u is v ille 7 s,
S e w . I m p ., 1 9 0 1 , J & D . llS S s& In t.
$ 1 .2 0 0 U n io n F e r r y C o. 1 st
5 s, M & N .....................................1 03
$ 1 0 ,0 0 0 B irm . S h e f’d & T enn .
R iv . R y . 6 % r e c e iv ’ s o e r t s . 2 0
$ 1 ,0 0 0 P it ts b u r g M a rio n &
C h ic R y . C o B o n d ..$ 1 0 2 5 0 lo t .
$ 7 ,0 0 0 W e st E n d & R iv e r s id e
E le c . St. R y . C o., M o n tg o m ­
e r y , A la ., 1 s t 6s, 1 9 1 2 , M ay,
1 8 9 3 , c o u p o n s o n ........... $ 3 0 0 le t.

faulting and ffiuauctal.
S amuel

D.

D avis

Go.,

a

BANKERS,
N O .:4 0 W I L L S T ., N E W Y O R K .
S am uel

D.

D

a v is .

Ch as.

B.

V

an

Nostran d.

Spencer Trask & Co.,
BANKERS,
1 0 W A I i l i S T R E E T , N E W Y O R K .—6 5 S tate S t ., A lb a n y
B o n d s a n d S to ck s B o u g h t a n d S o ld o n C o m m issio n .

IN V E S T M E N T

SE C U R IT IE S.

M

arch

THE CHRONICLE.

30, 1895.]

^ fie

2

selling % premium; New Orleans, bank, $150 premium,
commercial $1 00 discount; Chicago, 80c. per $1,000 premium;
St. Louis 60c. per $1,000 premium.

R a u fe r n ’ d a « ! ! * .
D I V I D E N D S .

Name o f Company.

I

R a ilr o a d s .
B e e c h C reek, gu ar, (q u a r.)...........
C u m b e rla n d V a lle y (q u a r ) ..........
D e l. L a ck . & W est, (q u a r .)..........
P it ts . F t. W .& C .,s p e c., gu . (quar.)
“
“
g u . (q u a r.) 1
U tic a & B la c k R iv e r , g u a r ............

H an k s.
C h a th am N a tion a l (q u a r.).............
G a lla tin N a tio n a l............................
“
“
(extra ) —..........

T r u s t C o m p a n ie s .
A tla n tic (q u a r .).................................
C o n tin e n ta l iq u a r.)..........................

m is c e lla n e o u s .
C e n tra l & S. A. T eleg . (q u a r .)..
E d is o n E lec. 111. (q u a r.).................
L o u is x ille R.v., p r e f..........................
M e tro p o lita n T ra ction ( q u a r .)...
M e x ic a n T e le g ra p h (q u a r .).........
N a ss a u G a s, B ro o k ly n (q u a r .)..
N e w E n g. T elep . & T e le g . (quar.)
N e w to n (M ass ) St. R y . (q u a r .)..
R h o d e Is. P erk in s H ’ s h o e .p f.iq u .)
“
“ ______ '♦
co m , (q u a r )

Per
Cent.

When
Payable.

319

A p r il
A p r il
A p r il
A p r il
A p ril
M ar.

4

A p r il

1

1%

W

1%

1

s

3
1%

A p ril

1
1
20
1 ?
2 5
30

B ooks closed.
(Day8 inclusive.)

M a r. 2 4 t o A p r. 1
------------ t o ---------- -A p r. 4 t o A p r. 21
------------ t o ------------

A p r il 1 M ar. 2 8 to M a r. 3 0
A p r il 10 A p r. 2 to A p r. 10

A p ril
9 A p r. 3 t e A p r. 9
M ay
1 A p r. 1 6 to M ay. 1
A p ril
1 M ar. 2 5 to M ar. 3 0
A p ril 15 A p r. 4 to A p r. 15
2*9 A p ril 16 A p r. 1 0 to A p r. 16
2
A p ril
1 ------------ t o -----------I
M ay 15 A p r . 5 t o M ay
6
2
A p iil
1 ------------ t o --------------1 % ) A p r il 15
21« \
1%
1 *2
2%
1%

The Money Market and Financial Situation.—The im ­
proved feeling in financial circles noted last week has been
well maintained, even gaining somewhat in strength on good
traffic returns and reports of expansion in general business.
The statement for February issued by the Philadelphia &
Reading was surprisingly good. The Pennsylvania, Central
of New Jersey and Big Four also furnish very satisfactory
statements. St. Paul reports a considerable falling off in the
gross but a small increase in the net. C. B. & Q. shows a
heavy loss both in gross and net, but every one knows the
special circumstances affecting it and its wonderful recuper­
ative power when the com crop is good.
Great interest has been felt in the efforts of the anthracite
coal companies to adjust their differences and to find a basis
for amicable and profitable operation. A ll concerned seem so
heartily in earnest that it has been felt success must result.
Negotiations are still pending.
The investment bond houses report a good demand for se­
curities. The strength of the inquiry is seen in prices obtained
for second-grade bonds, these having been especially in request.
The Atchison plan will be published next week simul­
taneously here ana abroad. It has been fully under-written,
and is therefore expected to succeed.
The money market has been quiet and firm, rates for call
loans being a trifle higher than last week. . Time money has
been in light demand.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2 to 3 per cent.
To-day rates on call were 2 to 3 per cent. Prime commercial
paper is quoted at 4 to 5}^ per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £367,098, and the percentage
of reserve to liabilities was 65 79, against 69 85 last week; the
discount rate remains unchanged at 2 per cent. The Bank of
France shows a decrease of 33,771,000 francs in gold and
287,000 francs in silver.
The New York City Clearing-House banks in their statement
of March 23 showed a decrease in the reserve held of $5,814,600
and a surplus over the required reserve of $14,146,500, against
$17,598,775 the previous week.
189 5 .

C a p it a l..................
S u rp lu s................
L o a n s & d is c ’nts.
C ir c u la t io n ..........
N e t d e p o s its ........
S p e c ie .....................
L e g a l t e n d e r s ....
R e se rv e , h eld ........
L e g a l r e s e r v e ___
S u rp lu s reserv e

D iffer en’ $from
Prêt», week.

1894.

1893.

March 24.

March 2 5 .

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

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

1 4 ,1 4 6 ,5 0 0 D e o .3 ,452,2751 7 9 ,0 7 7 .6 5 0

9 ,2 4 3 ,2 0 0

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

$
D ec. 4 ,3 5 1 ,6 0 0
In c.
7 0 ,8 0 0
D e c .9 ,4 4 9 .3 0 0
D e o .2 .4 5 3 ,2 0 0
D e o .3 ,3 6 1 ,4 0 0
D e e .5 ,8 1 4 ,6 0 0
D eo .2 ,3 6 2 ,3 2 5

1 1 9 .1 1 9 .3 0 0
1 0 9 ,8 7 6 ,1 0 0

Foreign Exchange.— Sterling exchange has advanced to
the highest figures ruling in many years, and has remained
strong at the advance. The syndicate however has supplied
all bills needed and no gold has been taken for export.
To-day actual rates of exchange were as follows; Bankers,
sixty^g^ssterling, 4 8 8 @ 4 88%; demand, 4 89J£@4 89%; cables,
Posted rates of leading bankers are as follows :
M arch 29.

Sixty Days,

P rim e b a n k e rs ’ s te r lin g bills o n L o n d o n .. 4 88% ® 4 89
P rim e c o m m e r c ia l..................................... . I4 87% ® 4 88
D o c u m e n ta r y c o m m e r c ia l.............................4 8 7 % ® 4 8 7 %
P a ris b a n k e rs ’ (fr a n c s )................................... 5 1 7 % ® 5 lG ’ g
A m s te rd a m (gu ild ers) b a n k ers ...................
4 0 % ® 4 C 3 ,«
F r a n k fo r t o r B rem en (reich m a rk s) b ’ kera'l 957 1(, * 9 5 i «

Demand.
L

4 90 ® 4 90ia

5 1 6 % ® 5 1 5%
1 4 0 5 i« ® 4 0 38
I » 5 % « 9513,8

The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
par, selling J^@$l 50 premium; Charleston, buying par,




United States Bonds.— Government bonds have been
steady. The bonds of the 1895 issue are now quoted about 2
per cent higher in New York than are the certificates repre­
senting the same in London. This difference has led some
savings banks and other institutions in this city to sell their
new bonds, buying instead the English certificates, the bonds
for which will be delivered next August and thus making the
difference in price. This operation however has not had the
effect of unsettling the market.
The following are the clos­
ing quotations :

1 M ar. 2 3 t o M ar. 31
6 M ar. 2 8 to A p r. 5

W A L L STRE E T, F R ID A Y , M A R C H 29 . 1 8 9 5 -5 P . M.

M arch 23.

551

Interest March M arch March March M atch March
Periods 23.
25 J 26
27.
23.
29.
2 s........................ .re g. Q.-Moh. * 95
* h5 * 95
* 95
48, 1 9 0 7 .
_____ree. Q.-Jan. n u
111 % 1 11 % 1113s
4 s, 1 9 0 7 . . . . . . ..io n n . Q -J an . 1 1 2 \ *1121« *112% 112 %
4s, 1 9 2 5 . . . . . . . ..r e g . Q ,.-F eb. *120^4 *12 % *1 2 0 % *120%
4 s, 1 9 2 5 ............. co u p . Q - Feb. *12038 *12038 1203s *1 20 %
5 s, 1 9 0 4 . . . . .........reg. Q .- F eb. ‘ 11531 *115% *115% 115 %
5 s, 1 9 0 4 . . . . . . . .c o u p . Q .- F eb. *1 15 % 116 *1 15 % 115 %
6s, o u r ’o y ,’ 9 5 ___ re g . J. A J. *100
*100
*100
*100
6 s, o u r ’c y ,’ 9 6 . ... r e g . J. & J. *1021« *1 02 % -1 0 2 % *102%
6 s, c u r ’e y ,’ 9 7 . ..re g . J. A J *105 •« *1 05 % * 1 0 5 % *105%
6 s, o u r’e y ,’ 9 8 ....r e g . r. fr j *1 0 3 % *1 08 % *l<>8% *108%
6 s, o u r ’c y .’ 9 9 . . .re g . J. & Ò. * 1 1 L M i l
*111
*111
4 s, (Cher.) 189 6 . .r e g . M a rch . *100 *1 00
*100 -1 0 0
4 s, (C her.) 1 8 9 7 ..reg . M a rch . *1 00 *1 00
*1 00
*100
4s, (C her.) 1 8 9 8 ..reg. M a rch . *100 *1 00
*100
*100
4 s, (C her.) 1 8 9 9 ..reg. M a rch . *100 *100
*1 00
*1 00
* T h is is th e p r ic e b id a t th e m o rn in g b o a rd , no sale w a s

* 95 * 95
- n t % *1 11 %
*1 12 %
12 0 %
* 120 %
115 %
115%
*100
*1 02 %
*107%
*108%
*111
*100

*100

*100
*100
m ade.

*1 12 %
1 20 %
*1 20 %
*1 15 %
115%
*1 00
*1 02 %
*105%
*1 08 %
*111
*1 00
*100
'1 0 0
*100

United States Sub-Treasury.—The following table shows
receipts and payments at the Sub-Treasury.
Date.

Receipts.

P aym ents.

M ch .2 3
“ 25
“ 26
“ 27
« 28
“ 29

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

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

T otal

1 5 ,6 4 8 ,2 6 9

1 7 ,3 1 6 ,4 2 2

$

B alances
Coin.
$
8 7 .9 6 5 ,3 6 4
8 7 ,9 6 2 ,7 8 4
8 7 ,4 2 5 .8 9 9
8 7 ,2 3 3 ,5 3 4
8 7 ,0 9 9 ,3 9 0
8 6 ,5 9 9 ,5 3 3

Coin Cert’s. I C urrency.
$
8 0 6 ,4 1 0
9 6 5 ,7 6 8
9 3 9 ,0 0 9
9 3 5 ,0 5 7 ¡
1 ,0 6 0 ,3 3 5
9 6 2 ,1 1 5

1

$
6 9 ,1 0 0 ,8 3 5
6 9 ,1 7 1 ,1 0 2
6 3 ,8 2 6 ,9 3 0
6 8 ,7 1 0 ,4 3 2
6-1.910,232
6 9 ,0 1 2 ,0 0 5

1

State and Railroad Bonds.— State bonds have received
little attention, the sales being confined to the follow in g:
South Carolina 6s, non-fundable, $10,000 at 2 : Tennessee Set­
tlement 3s, $30,000 at 8 4 @ 8 4 ^ , also $800 small at 80 ; North
Carolina Special tax, W . N. C. RR. issue, $30,000 at 2 % @ 3 ;
Virginia 6s deferred trust receipts stamped $21,000 at 6 % @ 7 ;
Virginia funded debt 2-3s of 1991, $10,000 at 5 9 ^ @ 5 9 ^ .
Railroad bonds were very active early in the week and
prices were strong. Latterly the demand has been less ur­
gent, and prices in some cases are slightly lower than at
their best a week ago, though in a number of instances
higher. Atchison 4s have been active and have reached the
highest price of the year to date. Rumor has coupled Mr.
Pierpont Morgan’s name with a plan for reorganizing Read­
ing, and the income bonds have been very strong in conse­
quence. W ithin two weeks the 2nd pref. incomes have re­
corded a gain of about 50 per cent in market value. Brooklyn
Elevated firsts advanced yesterday on sales of $108,000 from
93% to 95—the earnings for the third week of March showing
a gain of about 12 per-cent. Southern Railway first 5s sold
off slightly, but advanced again yesterday to 88, closing to­
day at 87% .
Railroad and Miscellaneous Stocks.—Contrary to expec­
tations, the stock market remained strong and very active, not
only on Saturday last but also on Monday and Tuesday. On
Wednesday there was a halt as regards prices, during which
Central RR. of Jersey, which had been advanced from 85 on
March 14 to 98^£ on March 25, tumbled to 93% . Some other
stocks yielded in sympathy, but the decline scarcely amounted
to a reaction. Thursday the market resumed its ordinary pro­
portions, but prices were generally firm and so closed to-day.
The ffinding settlement among the anthracite coal roads
has served to centre public attention on the coal stocks.
Central o f New Jersey, as already said, was sent up with a
rush, but reacted sharply, though closing considerably above
the lowest on the most encouraging statement o f earnings in
many months. W ild rumors have been content about Read­
ing, some claiming that strong parties were buying for con­
trol and others that the prospects for reorganization were
greatly improved. A t all events the price, which was down
to 7 % less than three weeks ago, reached 14% on Wednesday
and closed to-day at 13% . There has also been talk o f the
Lackawanna buying control of the N. Y . Susquehanna Sc
Western, and so removing a disturbing element in the coal
situation; but in the face o f this Susquehanna stock was
weak. Outside of the coalers the features have been New
York & New England, which has been strong and higher, and
General Electric, the latter being well held on the confirma­
tion of the reports respecting negotiations o f some kind being
in progress with the Westinghouse. Distilling & Cattle Feed­
ing has been higher on the success attending the labors of the
Reorganization Committee and the prospects o f a speedy re­
organization. New Y ork Central and Louisville & Nashville
advanced, probably on some foreign bfiying. Sugar, as usual,
has been active and irregular, but without special feature.
Edison Electric Illuminating o f New York broke several
points yesterday on the proposition to issue a consolidated
mortgage,

THE CHRONICLE

552

Voli. LX,

NEW YORK STOCK EXCHANGE—ACTIVE STOCKS f o r wzzk ending M ARC H 29, and since JAN. 1, 1895.
H IG H E S T A N D L O W E S T P R IC E S .
S a tu rd a y ,
M a rc h 23.

M onday,
M a rch 25.

M a rc h 26.

F rid a y ,
M a rc h 29.

W ed n esd a y ,
M a rch 27.

STOCKS.
A c t iv e K i t . S to c k s .

S ales o f
th e
W eek ,
Shares.
5 0 ,4 7 3
500
3 ,9 9 0

R an ge fo r y ea r 1895.
L o w e s t.

H ig h e st.

3 % J an . 3 0
6 % M ar. 2 9
% F o b 27
7s J an . 9
4 9 M ar. 8 6 5 % Jan . 18
200 3 3 M ar. 8 59 J a n . 2
2 ,2 5 5 4 8 Jan . 30 5 0 * J a n . 1 7
9 1 ,2 4 6 8 1 % F eb . 18 9 8 * M ar. 2 5
6 4 2 1 2 % F eb. 6 18
M ar. 18
1 0 ,2 0 3 1 6 Jan . 29 18% M ar. 2 6
10 147 Jan . 9 147 J an . 9
3 7 ,5 8 2 6 9 M ar. 4 7 4 % M ar. 2 5
5 0 Jan . 12 5 0 Jan . 12
3 0 0 9 0 J a n . 31 9 4 M ar. 28
p re f.
Do
66,4 61 5 3 % M ar. 9 5 8 % M ar. 25
57
58
C
;.P
a
u
a
g
o
!
57% 58%
5 6 % 5 7%
333 1 1 4 * M ar. 29 119 J am 1 7
1 1 4 % 114%
p re f.
*115% 1 1 6
115 % 116
3 3 ,5 1 8 873ä M ar. 4 9 7 % F eb . 4
91
92% C
90% 92
9 178 9 2 %
100 1 37 F e b . 14 145 J an . 2 5
*137%
p
r
e
f.
D
o
1 38 % 135%
*1 3 7
M ar. 25
2 1,6 22 6 0 % Jan . 3 65
64% x 6 3 % 6 4% C
64% 65
64% 64%
2 ,7 4 2 2 8 * M ar. 8 3 4 J am 18
*31
3
2
C
32
32
82
32% 3 2 *
112
9
J am 3 0
/
100
1
0
4
*
M
ar.
1
0
5
1
05
p r e f.
Do
1 07
LU
*105
38 1 3 8
t . L . . . L 3 .9 8 8 3 5 % F eb . 13 3 9 % J am 19
C
e. Cii
37%
88%
3 7 % 3 8%
38
1
Jan
. 22
88
10
r
105
8
2
Jam
p r e f.
Do
86
86
8 6 % 8 0%
27% C
& T ol 14,2 57 1 6 Jan . 29 2 7 % M ar. 2 9
2 6 % 2 6%
25% 20%
25% 2 7 s
2 5 % 2 6%
2 4 % 2 5%
M
ar.
27
6
9
*
9
1,000
55 Jan.
*67
69
p r e f.
Do
69
6 9 % 6 9% *66
*65
68
*64
67
6 6% 69
7 ,4 7 4 123 M ar. 9 133% J am 18
126% 127% 127% 127% I
1 2 6 % 1 29
1 2 7 % 1 28 % 1 2 9 % 1 3 0 %
Jan
.
18
166
%
8
5 ,9 3 1 1 5 5 * M ar.
162
I
1 6 L% 1 6 3 * L59% 1 62 % 1 6 3
1 6 1 78 1 6 3 % 1 6 1 % 1 6 4 *
200 1 0 % J an . 29 1 1 * M ar. 29
11% 1 1 * 1
‘ 11 % 12 %
*12
13
*1 1 % 1 2 % *1 1% 1 2% *12
26
M
ar.
3
6
*
29
3 ,1 6 5 3 2 * J am
36% 36%
Do
p r e f.
3 6 % 3 6%
361
36%
36
35% 36
J an . 2 3
93 3 0
F e b . 2 0 35
*37
45
E
40
38
40
40
*35
45
45
*38
M
ar.
25
200 1 00 J a n . 28 107
*103 1 0 5
G
1 05
L07 *1 03
*104
106 106
107
L07
*105
1 08
J an . 18
3 1 2 8 1 % J an . 4 9 0
88
88
t
8 8% 88%
87
87
88
88
88
88
M
ar.
2
3
8%
630
5 % Jan . 2 8
7%
7% L
7%
7‘
8
*7%
8
8
8%
8%
8
8%
M ar. 2 5
405 1 9 Jan . 31 2 4
2 2 % 22%
Do
p r e f.
*22% 2 3 '
24
*23
23
24
*2 2% 2 4
4 ,1 7 0 1 5 % F eb. 11 1 7% M ar. 2 3
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•These are bid and ashed; no sale made.




ULowest Is e x div.

THE CHRONICLE,

March 30, 1895.1

Sri)G& UXOHA-XhUS

XI?;Vf Y O R K

March 29.

in a c t i v e S t o c k s
IF I n d ic a t e s u n lis te d .

R a ilr o a d S to ck s.
A lb a n y & S u sq u eh a n n a ___ . . .
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1 00
100
P re fe r re d ................... %............... 1 00
1 00
1 00
M a h on in g C o a l.............................. 5 0
50
1 00
M ex ica n C en tra l........................ . 1 0 0
50
100
100
100
1 00
P e o ria & E a s te rn ......................... 1 00
100
100
1O0
«*. L.
K ansas C lty H . 1 0 0

Range (sales) in 1895.

A sk.

B id .

168
1 35
102
13

Lowest.

Highest.

....

....

103

F eb .
. ...
22
J an .
Jan.
58

15
19
60

514

ë
35
4
10
14
45

30
3
6*9

7*0

1

1»*

9

10
3

l 7e
13

*4 F eb.
1*8 Feb.
1 *2 Mar.
88 J a n .
8 1* F eb.
3 Jan.
13*9 M ar.

4
115

1*4
60
3
180

5
185

i

3

F eb.

22
58

Jan .
J an .

1 rs
3»g
1*2
88

F eb.
Jan.
M ar.
Jan .
9*9 J an .
3 Jau .
15*a Jan .

....

....

93
8
8*9
1 56
5

77jj

103

156 J an . 157*3 Jan .
5*9 F eb.
5*9 Feb.
ÖU j a n .
3 0 J an .
2 >9 w a r.
Jan .
5*4 M ar.
6
Mar,
....
....
....

165

1
105
1 06

P R IC E S ( O o a t i u u e d ) — /iV .lC T f F ®

M ar. 103
M ar.
8
F eb . 164

Jan.
M ^r.
Jan.

116*4 Jan.

1 18

2
180
30

3 % M ar.
180 Jan .
37
M ar.

J an .
Jan.
M ar.

F eb .

....

* tuo p n c e F r i d a y ; la te s t p r ic e th is w e e k .

553
STOCKS.

f% ln d ic a te $ a c t u a l s a 'e s .J
March 29.

I n a c t iv e St o c k s .
IF I n d ic a t e s u n lis te d .

B id .

m is c e lla n e o u s S to ck s*
A d am s E x p r e s s ............................. 1 00

1 44
38
1 0 0 +112*«
A m er. T e le g ra p h & C a b le . . . . .1 0 0 i PO'*
50
14*3
B ru n sw ick C o m p a n y ................. 1 0 0
F h ic. .Tune. B y . & S to c k Y a rd s .1 0 0
1 00
C o lo ra d o C oal & I r o n D e v e l.. 100
5**
C o lo r a d o F u el & I r o n ............... 1 00
24
50
P r e f e r r e d .................................... 100
100 t 6
C olu m bus & H o c k in g C o a l —
C o m m e rcia l C a b le ........ ............ . 100 1 37
C on sol. C oa l o f M a rv la n d ........ .1 0 0
28
t 15*4
E d ison E le c tr ic Illu m in a tin g .. .1 0 0 Î 95*4
E rie T e le gra p h & T e le p h o n e .. 1 0 0
IOO
1 00
26
1 00 F 8 4 H
L eh ig h & W ilk e s b a rre C o a l 11 .
M a rylan d C oa l, p r e f ................... 1 00
50
100
1 00
M in n esota I r o n ............................. 1 00
39
197 b
N a tio n a l L in se e d O il C o ............ 1 0 0
100 Î 8
N ew C en tra l C o a l........................ 100
6
O n ta rio S ilv e r M i n i n g .. ........... 1 00
8*3
50 310
1 00
100
2*3
1 00
T e x a s P a c ific L a n d T r u s t . . . . . 1 00
7*3
100 Î 16%
100
40
1 00
93%
W e lls. F a rg o E x p r e s s ............... 1 0 0 1107*9

Range (sales) in 1 8 9 5 .
Lowest.

A sk.

148
41

[.Highest

140

Jan .

147*9 M ar.

1 09

F eb.

1 13 "’.Tap,

89

F eb .

16

6H
26

95

J an .

4 M ar.
7 Jan.
23*3 M ar.
2 i *4 M ar.
50
F ob.
50
Feb.
2*3 Jan .
7% M ar.
146 M ar. 146 M ar.
3 0 F eb .

31
16*3
96%

94*3 M ar. 102
45*3 F eb.

27
81 ‘ M ar.
50

70

Jan.

52
J an .
39*8 Mar.
17% J an .

43
21
9
9
15

6

J an .

Jan .

2 7 78 Jan .
50

Jan.

40
20
9
6

Jan
F eb
M ar.
J an .

8*3 Mar.
3 10

J an .

7

M ar.

3
9

42*s
94
92*3 F eb .
108
104
F eb.

17 " F eb.
8*3 M ar
2 3 % Jan .
110

Jan.

B id .

A sk

t A c t u a l sales.

NEW YORK STOCK EXCHANGE PRICES—STATE BONDS M ARCH 29.
S E C U R IT IE S .

B id .

A la b a m a —C lass A , 4 t o 5 ........ 1 9 0 6
C lass B , 5 s ................................1 90 6
C lass Cj 4 s ..................................1 90 6
C u rren cy fu n d in g 4 s ............. 1 9 2 0
A rk a n sas—6s, fu n d ,H o l. 1 8 9 9 -1 9 0 0
d o . N o n -H o lfo r d
7s A rk a n sas C e n tra l B R ..............
L ou isia n a —7 s , c o n s . . . .
_x 9 1 4
S ta m p ed 4 s.'___ . . . . . . . .............. ..
N ew e o n o ls . 4 s ........................ 1 91 4

A sk.

S E C U R IT IE S .

M issou ri—F u n d ............... 1 8 9 4 -1 8 9 5
105
108
N orth C a ro lin a —6s, o l d ............J & J
106
F u n d in g a c t ............................. 1 9 0 0
95
......
N e w b o n d s , J & J ..........1 8 9 2 -1 8 9 8
95
C h a th am R R ......................................
2
1 80
S p e c ia l t a x , C la ss I .........................
1
C o n s o lid a te d 4 s .......................1 9 1 0
Ï0 ‘
6 s ...................................................1 91 9
1 10
100
S ou th C a ro lin a — 4*ss, 2 0 -4 0 .. 193 3
6 s , n o n -fu n d ..............................188 8
9 3 % 95

New York City Rank Statement for the week ending
March 28. 1895.
Ba n k s .
(00s om itted.)
Bank o f N ew York.
M anhattan Co..........
M erchants’ ...............
M echanics’ ....... ...
A m erica.....................
P hen lx........................
C ity.............................
Tradesmen’ s .............
C h em ica l...............
M erchants’ E xch ’ ge
Gallatin N ational...
B ntchers’<feD rovers
M echanics’ & Trad’s
G reen w ich ...........
Beat her M annfao’rs
Seventh N a tion a l...
State of N ew Y o r k ..
A m erican Exchange
Com m erce..................
B r o a d w a y ....... . . . .
M e r c a n t ile ...... . . . .
P acific.................. .
R epublic....................
Chatham....................
People’s ....................
N orth A m erica.........
H a n over....................
I rv in g ....... ................
Citizen’ s ...............
N assau.......................
M arket & F u lto n ...
Shoe & Leather.......
Corn E xch an ge.......
C o n tin e n ta l............
O rien tal.....................
Im porters’ & Traders
P ark..................... .
E ast R iv e r ..............
Fourth N a tion a l....
Central N a tion a l....
Second N a tio n a l....
N inth N ational.......
F irst N ational.........
T hird N ational...
N .Y . N at. E xch an ge
Bt w ety.............. .
N ew York C ou n ty..
Gorman A m erican ..
Chase N ational.........
F ifth A ven u e...........
German E xch a n ge..
G erm a n ia ................
United States______
L in coln ........ .............
G arfield.. . . . . . . . . . . . .
F ifth N ational........
Bank of the M etrop.
W est S i d e . . . . . . . . . . .
S eaboard....... ...........
S ixth N ational.........
W estern N a tion a l..
F irst N at. B r’ k lyn ..
S o u tie r n National..
N at. Union B a n k ....
f.tb ertv Nat. Rank.
N .Y . Prod. E x ch ’ge.

W e omit two ciphers (00) in all cases.
Capital Surpl’s Loans.

Specie.

$ 2, 000,0 $1,088,0 $12,920,0 $1,360,0

2.050.0

2, 000,0
2,000,0

3.000.
1 000
1,000,0
750.0
300.0
600.0
1,000,0
300.0
400.0
200.0
600,0
300.0
1.200.0
5.000.
6.000.
1, 000,0
1, 000,0
422,7
1.500.0
450.0
200.0
700.0

. .

1,000,0

500.0
600.0
500.0
750.0
1,000,0
1,000,0
1,000,0
300.0
1.500.0
2 ,000,0
250.0
3 200.0
2 , 000,0
300.0
750.0
500.0
1, 000,0
300.0
250.0
200.0
750.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
200,6
300.0
200.0
500.0
200.0
2 , 100,0
300.0
500.0

.

1, 200,0
500.0

1,000,0

1.957.5
929.6
2 , 122,2
2.149.8
0
409,9
0
3.042.0
160,3
7,1*4,4
140.2
1.646.4
264,8
405,»
179.7
483.8
107.5
502.3
0
2.359.8
0
3.519.6
1.598.4
942.7
473.4

13,2^5,0
8.291.0
9.297.0
17.250.0
4.529.0
19.167.3

2, 002,8

1.055.0
1,702,7
1.171.0
1.656.6
468.0
7.769.0
871.7
2.906.7
734.5
413.0
141.3
285.0
130.8
378.5
261.3
154.7
975.0
387.3
1.065.7
1,520,9
571.0
1.406.7
805,2
228.9
650.8
3.739.4
438.7
504.5
78,4
419.0
330.0
1.567.4
1.063.0
200.7
2.880.0
2.710.8
108.5
639.0
1.489.0
040.0
500.4
4.576.0
1.825.7
139.5
456.0
748.7
210.5
1.660.1
764.1
301.2
482.5
947.1
1.064.8
796.6
213.3
801.5
251.0
183.0
222.0
977.5

26.301.7
3,851,7
6.418.3
1.606.4
2.490.0
1.132.2
3.217.3
1.629.4
3.087.0
23.460.0
20.730.4
5.860.6
7.563.1
2.307.4
020,0 10.835.0
984.4
6.807.3
2.253.4
264.0
564.3
5,30c,9
1.861.7 15.051.7
2,802,0
338.4
379.1
2.775.3
2.564.5
274.2
4,208,a
808.3
2.847.0
10,3
8.750.3
1.133.5
4.439.7
201.7
1.929.3
411.6
5.464.7 21.221.0
3.086.7 20,263,3
1.114.8
137,2
1.977.0 18.960.7
9.615.0
613.1
5.022.0
584.2
368.0
3.583.1
7.197.1 20,303,0
8.765.6
201.5
1.448.5
118.1
2.792.0
548.6
2.901.3
609.7
2.882.2
264.3
1.145.1 15.171.5
6.648.4
1,026,3
647.2
2.937.4
3.009.3
614.3
528.7
5.320.3
516.0
5.368.2
4.042.0
559.9
1.724.6
306.5
773.3
4.041.0
297.0
2.619.0
4.654.0
216.3
1.860.0
340.3
215.9
9.859.6
4,161,0 1 211,6
868.7
542.1
2.727.7
71,1
326.6
598,0
7.940.3
119.2
11,3
1.532.8
3.280.3
435.2
313.6

,

T ota l_________ _ 62,622,7 71,046,8 484,652,4 65,120.4




Legáis. Deposits
$1,770,0
2.541.0
427,1
1.227.0
2.689.1
565.0
2.375.4
292.1
0,218,3
570.3
1.344.7
420.4
220,0
162.7
635.4
253.4
366.7
3.897.0
4,325,9
070.2
1.071.6
437.2
1,582,3
737,1
344.0
779.8
1.508.2
549.6
370.8
703.3
953.7
472.0
803.0
491.4
267.3
2.739.0
4.749.6
186.3
3.043.0
1.380.0
1.021.0
373.7
1.067.8
621.1
243.9
183.0
200,2
526.5
8.513.3
1 .2 11.3
589.8
357.6
631.3
1.312.5
820.4
404.0
929.9
585.0
1,530,0
254.0
1.835.5
654.5
857,3
1.861.6
319.0
231.9

$12.320,0
13.925.0
8.025.0
8.201.0
17.068.0
4.116.0
25,247,4
2,029,3
27.962.1
4.423.5
5.587.2
1.725.8
2.405.0
1.070.5
3.096.9

B id .

A sk.

........

.......... T e n n e ss e e —6 s, o l d ..........1 89 2 -1 8 9 8

1
3
1
3
1 00
1 27
108
1 05
1%
1*9

S E C U R IT IE S .

C o m p ro m is e , 3 -4 -5 -6 s............1 91 2
3 s ...................................................1 91 3
R e d e m p tio n 4 s ........................1 90 7
do
4*38.................... 1 9 1 3
V irgin ia fu n d e d d e b t. 2 - 3 s .. .l 9 9 1
6 s , d e fe r r e d t ’ s t r e c ’ts , s ta m p e d .

84*e
90
1 00
1 00
59
6*«

84*8

59*«
7

New York City, Boston and Philadelphia Banks:
Ba n k s .
N . Y o r k .*
Feb. 2 3 . ...
Mar. 2 ___
“
9 ...
“ 1 6 ....
“ 2 3 . ...
B o ston .*
Mar. 9 ___
“ 1 6 ....
“ 23 . . .
P h ila .*
Mar. 9 __
“ 16 ...
“ 23 —

Capital Sc
Surplus.

Loans.

Specie.

$
133,650,9
133,650,9
134,951,5
133,609,5
133,669,5

$
483,615,5
484,204,2
489,329,2
489,004,0
484,652,4

$
74,430,7
69,592.5
67,224.0
67,573,6
65,120,1

69,351,8 105,401,0 10,223,0
69,351,8 165,526.0 10,093,0
69,351,8 163,726,0 10,800,0
35,810,3 LO5,450,O
35,810,3 105,102,0
35,810.3 104,148.0

Legale. Deposits.+ Oirc’l’n Clearings.
$

119298
120835
12L135
122955
123063

$
386,582,4
531,685,2
501,200,4
516,098 2
524,582,0

5,193,0 146,124,0 7.255.0
4,927.0 140,040,0 7,275,0
6,259,0 145,524,0 7,280,0

86,395,1
84,010.2
83,261,0

101,011,0 5,398,0
101,089,0 5,409,0
99.331.0 5.471.0

01,257,2
58.179.1
63.751.7

$
87.520,0
90,572,2
87,557,1
79,049,3
76,287,9

27.0 56,0
27,000,0
20.412,0

$
528,559,9
528,440,8
527,909.9
518,490,5
590,047,2

* We omit two ciphers in all these floures. + In clu d in g fo r B oston and P h ils

1.866.0 dolphin the item “ due to other banks.”
2,202,0
18.074.0 ^Miscellaneous and Unlisted Bonds :

10.410.3
5.623.6
8.098.2
3.058.3
11.604.0
5,876,5
2.945.8
5.440.8
18.421.4
3.035.0
3.192.3
3.137.4
4.667.0
3.024.0
0,833,2
5.519.0
1.790.0
20.936.0
80.503.3
092.8
17.890.1
10,704,0
6.255.0
3.749.1
24.740.3
0,960,0
1.413.4
2.885.0
3.479.7
2.778.4
18.652.2
7.431.8
3.372.0
3.072.2
6.171.4
6.751.1
5.223.0
1.942.7
6.134.7
2.870.0
5.703.0
1.690.0
10.338.2
4.808.0
2.804.0
8.707.3
1.353.7
2.480.2

78,287,9 509,047,2

M is c e lla n e o u s B ond s.
M isc e lla n e o u s B o n d s.
B oston Un. Gas tr. certs., 5 s.
Mich.-Penin. .Car 1st 5s. . . .
Ch. Jun.& S. Y d s.—Col.t.g.,08 *Ì05~ b. Mutual U nion T eleg.—6s g . .
Col. C. & I. B evel, gu. 5s....... * 94 a. N at. L ioseed Oil deb. 6s, g . ..
Colorado Fuel—Gen. 6s...........
N . Y. & N. J. Telep. gen. 5 s..
Col. & H ock. Coal & I .—6s, g. " 7 5 " b. N orthwestern T elegraph—7s.
Cons.Gas Co..Chic.—ls t g u .ö s
83 b. People’s Gas & 0 . 1 1st g . 6s.
Co., C h ic a g o .... 5 2d g. 6s.
*102 b.

♦ ioíT’ b .

*iÖ6**a.
108

b.

iÖ7**a.
* 93>aa.

E dison E lec. 111. C o.—1st 5s . 106 a. Pleas. V alley C oa l—1st g. 6s.
South Y u b a W ater Co.con.6s.
Do
o f B klyn., 1st 5 s .—.
Sunday Creek Coal 1st g 0s..
E q n it G .-L .,N .Y .,o o n s .g . 5s.
E qu itable G. <ft F.—1st 0s___ ' ‘ 9 7 ” a. U. S. Leather—S. f. d eb., g.,6s 112% b.
H enderson B ridge—1st g. 6 s. *112 b. W estern Union T e le g.— . ... ’110 b.
65 b .
W heel. L. E. & Pit*« Coal 1st 6s
Illin ois Steel deb. 5 s....... .
U nlisted B o n d s.
4 tab.
Man hat. B each H . & L. g. 4s.
45 b. C om stock Tunnel—In c. 4 s ..
M etropol. Tel. & TeL 1st 5 s.. *105 b. Mem. & Charleston—Con. 7 g.

_

N ot ®.—“ b” in d ica tes price bid ; “ a ” p rioe asked. * L atest p rice th is w eek

Bank Stock List—Latest prices this week.
BANKS.

Bid.
200
156

B ow ery*.......
B ro a d w a y .. . 235
Butohs’& D r. 150
C e n tia l. . . . . . 117*3
500
Chatham....... 310
Chemical . . . 4000
C ity ............... 450
Citizens’ ....... 130

A sk.
210
160
250
105
125
380
4800
...
150

BAN KS.

Bid. Ask.

300
Garfield......... 300
German A m . 112
German E x.*
G erm ania.... 300
G re e n w ich .. 100
310
H ud. R iv e r.. 150
Im . & Trad’s’ 505
I r v in g .......... 135
Leather M fs’ 170

C om m erce... 180*3 182*3 M anhattan.. 183
215
M echanics’ . . 180
Corn E x o h .. 282 300
140
5
M e rca n tile .. 100
E a -t R iv e r.. 130 145
M erchants’ .. 134
290
M eroh’ts E x 112
F ifth A v e .... 2000
M etrop olis.. 400
F ifth*............
M t. M o r ris.. 110
F irst............. 2500
N a s s a u ....... 130
F irst N., S. I . 114 125
N ew Y o r k ... 222
14th S treot..
F ou rth .....1 182 185 TN .Y .C o’n ty . 540

(*Not listed.)

RAN KS.

N .Y . Nat. E x
N in th ..........
19th W ard..
120
N. A m erica.
O rien ta l___
--T P a cific........
330
People’ s . . . .
P h e iiix ........
540
Prod. E x.*..
150
R e p u b lic....
200
S e ä b o a 'J . . .
Second.........
187

Bid.

A sk
125
122

100
120
110
137
200
175
273

300

114
__ . . .
147
168
300

125
.....
160
109
......

145
240

..

Shoe& L e’th 96 102
200
S o u th e rn ... 140 104*3
160
Stateof N.Y. ld 2
180
T h ir d .......... 105
137
Tradesra’n ’ s . . . . . _____
120
23d W ard*.. . . . . . . . . . . . .
405
. . . . . Union*____ . . . . . .
.......
165
Lin’d State» 180
232
W estern ... 111 115
600
W est S id e .. 280

THE CHRONICLE,

554

[VOL. L X

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
S h a re P r ic e s — n o t P e r C e n tu m P r ic e s •.

Active Stocks.

T u e sd a y ,
M a rch 26.

M on d a y ,
M a rch 25.

Tf In d ica te s u n listed .

55,a

0's 53s
*54^4 543*
70
70i<
1538 15 *•
1 5% 15».
206 206%
199 199 »s
1643* 166
IO** 101*

A te h . T . & 8. F e (Boston). 1 0 0
A tla n t ic & P a c.
“
100
54
B a ltim o r e & O h io (Balt.) .100
B a lt. C ity P a ss’g e r “
25
15% 15%
B a ltim o r e T r a c tio n “
25
15% 15%
B a ltim o r e T ra o ’ nH (Phil .) . 25
207
B o sto n & A lb a n y (Boston). 100 A
199 199
B o s t o n & L o w e ll
“
B o s t o n & M a ine
“
1 00 164 164%
C en tra l o f M ass.
“
1 00 *10%
50
P re fe rre d
“
1 0 0 * ____
73% 743e
73% 73%
C hio. B ur. & Q uin.
“
1 00
57% 58
Ohio. M il. & 8 t P. (P A tL ).lO O
56% 57%
C h oe.O k l. & G u lf
“
50
37
393g
C i t .8 t .E y o f In dtf “
10D
79% 803g
E le c tr ic T r a d i’n
“
5 0 *79*' Vo"
86
86
86
86
F itch b u rg p re f. .(B oston) .1 0 0
32% 32%
L e h ig h V a l l e y .. (P h ila .). 5 0
317s 32%
129 131
130
M a in e C entral (Boston). 100 *129
97% 97%
97% 97%
M e t r o p o r n T r a c .il (Phil) .1 0 0
8 % 8%
8
8
M e x ic a n C en t’ l (B oston). 100
35
353e
34% 35%
N .Y .& N .E .,tr.reo.§ “
100
66
66%
65
65%
P re fe r i ed .tr. reo.$ “
100
N o rth ern C en tra l (B a li.). 50 *65% 67
4
’ 3% " 'i “
*3%
N orth ern P a c ific (Phila.) 1 00
15% 15% *16% 1678
P r e fe r r e d
“
1 00
179% 180
O ld C o lo n y ........ (Boston) 1 00 *179% 180
50% 50%
P e n n s y lv a n ia ...(P h ila ,). 5 0
50% 51
50
51%
49% 50
P e o p le ’ sT ra e tio n
“
50
5»,e 6%
P hila. & H eadin g.
“
50
511« 5%
89% 90
90% 90%
P h ila d e lp h T ra c.
“
50
9%
10
10 %
9%
U n io n Pa* i f l o ... (B oston ) . 1 00

m is c e lla n e o u s S to c k s .

99 101
A m .S u g ’r Refln.HY B oston) ___
98% 99%
94% 94%
94
94%
P r e fe r r e d ........ .
“
196 197
197
B e ll T e le p h o n e ..
“
1 0 0 195
37% 37%
36% 37
B ost. & M on ta n a .
"
25
B u tte & B o s t o n ..
“
25
*9%
9%
9%
9%
282 285
C alu m et & H e c la
“
25 *280 235
*70
71%
C a n ton C o ............(B a lt.).1 00
62% 62%
C on solid a ted G a s
•*
1 0 0 *......... 62%
30
30
E le c .S to r . B a t’y T f(P M a .).1 0 0
P re fe r re d f
“
100
30
30
E rie T e le p h o n e . (B oston). 1 0 0
50% 5o% *50% 51%
3 6 % 37%
35
G en era l E le c tr ie .
“
100
36%
70
70
P r e fe r r e d ..........
“
1 00
67
70
24
24%
L a m s o n 8 to re 8 e r.
“
50
24% 24»«
46% 47
L e h i’h C oal& N av. (Phila.) 50 *46% 46%
70% 70%
N. E . T elep h on e (Boston) .100
70»* 70%
69%
68
U n it’d G as Im p. if (P h ila .). 5 0
69% 69%
42
42
42
42
W elsb a cb L ig h t 1i
“
5
2%
2%
2%
W est E n d L a n d ..(B o sto n )...
2%
B id ann a sk ed p rices;
6 A ll in s ta lm e n ts paid .

Inactive Stocks.

B id .

A sk

W e d n e sd a y ,
M a rch 27.

•50

55%

T h u rsd a y ,
M a rch 28.

, 55lb

5%

*87% *•50

56%

*55%
‘ 70
15% 16
15%
15% 15%
15%
207 2 07 *206
199 199 *198 1 99
166 1 66
165%
12
* 10 %

♦
‘ 72%

73 3g 73%
56% 57%
79%
79% 8 0
85%
86
86
32%
32% 32%
"129
129 1 3 0
92
96
97%
8%
8
8
34% 35%
35%
66
66
65
*66
* 66 %
3%
4 "T
*16
*16% 17
179%
179% 1 8 0
50%
50% 51
56
5 6 % 57
6%
S7* 7
89%
90% 9 0%
10 %
10 % 11

56%

96%

8%

66%
” 4%

16*179%
51

563s

7»e
90%

10%

5%
*•75
57
70%;
*15%
15%
207
*198
1 65
*10%
*48
73
57

38
3 7% *36
78% 7f %
7 9%
*85% 86
86
32
32%
32%
*129
130
130
93%
8 9% 92
8%
8%
8%
8%
37
34
36
37
6 6% 6 7
66
67
*66% 68
4
3%
3%
4%
16% 16% *16% 16%
130
180
1..........180%
5 0 % 51
5 0 % 5 0 78
5 4% 55%
54% 56
638 6Hle 6 7 i« 6 13ir
87% 8 9%
87% 90
*10
10 % 1 0% 1 0 %




R a n g e o f sales in 1 8 9 5 .
L o w e s t,

2 6 ,2 9 3
1 54
85
247
1,331
2 ,4 4 4
löO
45
121
120

3%
•50
4 9 7s
6 9»«
14%
1 4%
206%
196%
160
10
48
9 ,8 7 5 6 9 %
1 8 ,6 6 0 5 4

J an .
Jan.
M ar.
M ar.
J an .
J an .
M ar.
Jan.
J an .
M ar.
F eb.
M ar.
M ar.

2 15
1 ,4 3 2
4 24
1 ,3 8 3

3 4 % F eb .
71
Jan.
82% J a n .
2 7 % M ar.
125 % J a n .
8 9% M ar.
5% Jan.
29
Jan.
59% F eb.
6 4 J an .
2% J a n .
13
F eb.
1 7 8 % J an .
4S% J a n
4 3 % J an .
3»3« A M ar.
82»« J an .
8 M ar.

1 4,5 65
6 ,8 3 5
1 9 ,3 5 3
1,4 1 2
2 ,7 6 5
178
202
2 ,6 4 6
1 4 ,0 2 6
9 4 ,9 6 8
1 0 ,9 4 0
2 ,1 2 8

H ig h e st.
30
23
8
11
28
30
13
2
2
2
28
4
9

6%
*87%
65
71
1 6%
16»«
210%
200
168 %
12
53
74%
58

M ar.
M ar.
Jan.
Jam
Jam
Jam
Jan.
J an .
J am
Jan.
Jan.
M ar.
M ar.

29’
27
21
4
IS
2
24
30
28
15
9
28
25

2 42
M ar. 9
3 0 8 7 J an . 311 8 6 % F e b . 8
8 3 6 % J a n . 37 1 31
J an. 9
29 106 % J a n . 3
31
8 7e M ar. 2 9
29 3 8
M ar. 2 9
8 6 7 M ar. 2 8
29 67% J an . 18
30
4 % M ar. 2 T
27 18 Jan . 1 8
9 180% Jan. 19
So 5 1 % J a n . 1 8
26 57
M ar. 2 8
4
7 % M ar. 2 7
29 99»* J a n . 2
12 l l 78 J a n . 15

101% 100% 100%
9 9 % 1 0 0 % 100 % 10 1 % 2 4 ,0 6 0 8 6 % J an . 7 103% M ar. 1 2
Jan. 8 96
1 ,1 5 7 9 0
M ar. 1 2
94
94%
9 3% 94%
94% 94%
94%
7 4 2 1 8 6 % J a n . 15 1 9 7 F e b . 11
196% 194»* 195% 1 9 4 % 194% 1 9 4 % 1 9 4 %
1,417 3 3 % J a n . 2 3 9 % J am 2537% 37%
3 7 % 3 7% *37% 3 7%
37%
400
9
M ar. 12 H % J a n . 18
9% •
*9%
9%
9%
9%
*9%
9 7s
39 2 8 0
M ar. 12 2 9 2 % F eb. 2 0
287% 287% 2 9 0 2 9 0 *287 2 9 0
2 90
4 0 7 0 J a n . 31 9 1% J a n . 1 6
72
*71
7 0% *70%
3 0 3 6 1 % d e n . 30 6 5% J a m
2
623s 6 2 % 62% *62% 6 2%
623g *62
J a n . 21 3 4 % F eb , 1 8
3 31 2 8
31
2 9 % 29% *29
2 9%
5
2
2
8
%
F
eb.
7
3
2
%
M
ar.
1
8
31
2*29
2 9%
197 45% F e b . 13 5 4 % J a n . 1 0
51
5 1 % 5 1% *50% 5 1 %
51
51
2 4 ,3 5 6 2 5 % M ar. 4 3 7 % M ar. 2 5
35
3 5 % 37
35
36
36%
36%
527 6 0
67
F eb. 5 70
M ar. 2 3
*65
67
66%
66
70
68
4 5 0 2 2% F eb . 28 2 4 % Mar. 1 8
243s *24 2 4% 2 4 % f 4 %
243g
24
1 7 3 4 0 % M ar. 8 4 9 % J a n . 5
*45
46
46
47% *46
47 7s 46
F e b . 15 7 2
M ar. 2 8
37 6 6
72 72
........
*70
71
71
1 ,7 5 7 68 . M ar. 2
*69
7 2 % M ar. 9
6 9%
69
69
69
69%
69
3 7% 39
M ar. 2 « 4 6 % M ar. 9
2 ,4 2 4 3 6
41
41
36
39
41».
2 J a n . 30
2% 1% *2 % 2%
2 % M ar 2 2
3 35
*2%
2%
*2 %
2%
oa d e .
¡e x d iv
no s a le wa

Inactive stocks>

t A n d a ccru e d in te re s t.

Bonds,

B ld . I A s k .

B oston U n ited G a s, 2 d m . 5 s ..1 9 3 9 § 5 0 % 5 1%
.1 0 0
8 7% 89
B url. A M o. R iv e r E x e n p t 6 s, J & J 1113% 114 %
2 65
.1 0 0 2 6 0
N o n -e x e m p t 6 s . . . . . . . 1 9 1 8 , J A J f 103% 105
P la in 4 s . . . . . . . . . . . . . . . . 1 9 1 0 , J& J
32%
. 50
3
50
C hio. B u rl. & N o r. 1 st 5 ,1 9 2 6 , A A O
C a ta w is sa ..........
50
50
2 d m o rt. 6 s .................1 9 1 8 , J& D
1 st p re fe rre d
50%
D eb en tu re 6 s ................1 8 9 6 , J & D
. 50
15
12
C hic. B u r l .A Q u in c y 4 s ..l 9 2 2 ,F A A
.1 0 0
137%
1 00 1 36
C on n ectn u t <s P a s s ..
I o w a D iv is io n 4 s ........1 9 1 9 , A A O
250
C o n n e c ticu t R i v e r . ..
C h io.& W .M ich . gen . 5 s , 1 9 2 1 , J & D
1 00 2 40
18
Con s o l T r a c t o f N .J.i) (P,
C on sol, o f V e rm o n t, 5 s .1 9 1 3 , J & J
.1 0 0
1 65
100
D e la w a r e & B o u n d B r .
C u rren t R iv e r , 1st, 5 s ..1 9 2 7 , A A O
12
.1 0 0
10
D e t. L a n s .& N o r ’n M. 7 s .1 90 7 , J& J
F lin t & P e re M a rc ,...(B e
29% 3 0
P r e fe r r e d ...............
E a stern 1 st m o r t 6 g. 1 9 0 6 ,M A S ..
100
59% E ree.E lk . A M .V .,1st, 68.1933, end.
H e s to n v ille P a esen g . (P h ila .).. 5 0
72
P re fe r re d H...............
50
K .C . C.& S p rin g.,1 st,5 g .,1 9 2 5 ,A A O
32% 33% K 0 . F .S .& M . c o n . 6 s, 1 9 2 8 , M AN
50
H u n t. & B ro a d T o p ...
51
50
P r e fe r r e d ...................
K .C. M em . A B ir .,1 s t,2 s,1 9 2 7 , M A S
b0
10
15
.1 0 0
K a n . C’y Ft.S . & M em .(B e
K.
C. S t. J o . A C . B ., 7 s . .1 9 0 7 , J & J
40
to
P r e fe r r e d ...................
1 00
L. R o c k A F t. S „ 1 st, 7 s . . 190 5 , J& J
64
L ou is., E v .& S t.L ., 1st, 6 g .l9 2 6 , A A O
. 50
50
65
M ine H ill & 8 .H a v e n
2 m ., 5 —6 g .................. 1 9 3 6 , A & O l
j M ar. H . A O n t., 6 s ........ 1 9 2 5 , A A O
50
N e sq u e b o n in g V a l . . .
...... M e x ic a n C e n tra l, 4 g . . . l 9 1 1 , J& J
100
N orth A m e iic a n C o ..
8 5%
1 st o o n s o l.iu e o m e s, 2 g, non-oum .
N orth P e n n s y lv a n ia .
50
84
2 d c o n s o l, in c o m e s . 3 s, non -eum .
.1 0 0
6% ,
6
41
N . Y . A N .E n g „ 1 s t, 7 s ,1 9 0 5 , J& J* '114% 115
. 50
108%
2 0 1 1 st m o rt. 6 s . . . . . . . . . . . 1 9 0 5 , J& J '108
P h ila d el. A E r ie .
50
2 d m o r t. 6 s ........ ..........1 9 0 2 , F& Ai 104% 105 %
2
2%
100
7 2 J O g d en . & L .C ., C on. 6 s . . . 1 9 2 0 ,A & O ¡105 105 %
100
P r e fe r r e d .
70
20
I n c . 6 s .............................
1 92 0
11% 1 2%
.1 0 0
33% 34
R u tla n d , 1 s t ,6 s ..............1 9 0 2 ,M A N f u i ” 111%
P re fe r re d .
100
102
§101
. 50
6 1% 6 2 1 2 d , 5 s .............................. 1 8 9 8 ,F & A
P r e fe r r e d .
50
8 7% 8 8 %
B o n d s ,— P h ila d e lp h ia , _
.1 0 0 2 3 4 % 2 3 4 % A lle g h e n y V a l.,7 3 - lO s ,1 8 9 6 , J& J
W e st J e r s e y .................
“
50
52% 5 4
A tla n t ic C ity 1 st 5 s, g ., 1 9 1 9 ,M A N
B e lv id e re D e l., 1 st, 6 » ..1 9 0 2 , J& D
W e st J e rs e y & A t la n .
“
50
26
W estern N .Y . & P en n
“
100
6%
6% B u ffa lo R y . co n . 1 st, 5 s ............1931
4
C ata w issa , M ., 7 s . . . . . . 1 9 0 0 , F & A
W iscon sin C e n t r a l... (Bos*
.1 0 0
3%
P r e fe r r e d ..................
“
100
25
C hoo. O kla. A G u lf, p io r lie n 6 s ..
W o r c ’st.N a sh .& R och .
“
100 120
125
C itizen s’ S t.R y .o f I n d .,co n .5 s . 1933
MISCELLANEOUS.
C oiu m b. St. R v „ 1st, co n . 5 s . .193 2
A llo u e z M in ’g, a sstp d fB osi
. 25 •25
C oiu m b. O. C ro ssto w n , 1 st,5s. 1933
•37
A tla n t ic M i n i n g . . . . . .
“
25
81
10
10% C onsol. T ra ct, o f N. J ., 1 st,5s. 1 93 3
B a y S ta te G as il ..........
“
50
7%
7% D e l. A B ’d B r ’k , l s t , 7 s . l y o 5 , F A A
B o sto n L a n d ...............
“
10
4
4% E a s to n A A m . ls t M .,5 s .1 9 2 0 ,M A N
C en ten n ia l M i n i n g ...
“
1 0 •50
•75
E lm ir. & W i l m .,l s t ,6 s .l 9 1 0 , J & J .
1%
25
2
109 %
F o r t W ay n e E lect.TI..
“
H e s to n v ille M. A F ., co n . 5s., 192 4
F ra n k lin M i n i n g .. ...
“
25
11
10
H u n t. A B F d T o p ,C o n .5 s .’9 5 ,A A O
5
1
111
F re n ch m ’n ’s B a y L ’ d .
“
1% L e h ig h N a v. 4 % s ........... 1 9 1 4 , Q—J
100
43
46
2 d 6 s , g o ld .....................1 8 9 7 , J & D
108%
I llin o is B teel.................
“
25
K ea r sarge M inin g .. . .
“
8
8%
G en era l m o r t . 4 % s, g . l 9 2 4 ,Q —F
25
22
21
O s ce o la M in in g...........
“
L eh ig h V a l.C o a l 1st 5 s , g .1 9 3 3 ,J & J
1 0 0 1 58
P u llm a n P a la c e C ar.
“
1 59
L e h ig h V a lle y , 1 st 6 s . . .1 8 9 8 , J A D
100
2 d 7 s ................................ 1 9 1 0 , M AS
1 00
25
C o n s o l. 6 ........................ 1 9 2 3 , J A D
P r e f ei red U...............
1
102
Q u in c y M i n i n g . . . . . . . (B oston). 25 1 0 0
N ew a rk P a ss e n g e r, co n . 5 s ... 1 93 0 100
138
N orth P e n n , l s i , 7 s ... .1 8 9 6 , MAN 1 0 5 %
1 36
T a m a ra ck M i n i n g ....
100 •75 100
G en . M. 7 s ........ ...............1 9 0 3 , J A J 123
W a ter P o w e r ................
36%, P e n n sy lv a n ia g e n .6 s , r ..!9 1 0 , V a r 133
50
36
W «stirigli. E le e . A M ..
5
2%
50
C on s ol. 6 s, 0
1 9 0 5 , V a r 1 19
52
F r e i., c u m u la t iv e .
C on sol. 5 s , r ......................... ...1 9 1 9 , V a116%
r
Bonds— Boston«
C o lla t. T r. 4 % g ............1 9 1 3 , J& D 1 06
A t.T o p .A B .F . lO O -yr.4 g .,1 9 8 9 , J & J * 67% 67%
2 d 2% -4 s, g ., C lass A . .1 9 8 9 , A & O ,* 2 1 % 2 1 % P a . A N . Y . C a n a l , 7 s .. .1 9 0 6 ,J & D 125 %
B o s t o n U n ited G a s 1 st 5 s ................. 5 74 I 76 I C on. 5S.............................193 0 . A ArO
V U a listed .

Sales
o f th e
W e ek ,
Shares.

1003g
9 4%
195
3 7%
9%
287%
70%
62%
2 9%
29%
*50
35%
‘ 68
*24
*4 6 %
*70
68%
4 1%

Prices 0} March 29.

P r ic e in clu d e s o v e r d u e ooa p on s.

6%
L'OO
57
70%
1 5%
15%
207
1 99
1 65
12
50
74
57%

37%
79
*85
3 1 78
1 29
91%

79%
85%
32%

36*i

50

F rid a y ,
M a rch 29.

P e o p le ’ s T ra c. tru s t ce rts. 4 s ..1 9 4 3
P e ra io m e n , 1 st s e r .,5 s .i 9 1 6 , Q—j
P h ila .A E rie ge n . M . 5 g .,1 9 2 0 , A A O
G en . m o r t., 4 g ............1 9 2 0 , A A O
P h ila & R e a d , n e w 4 g „ 1 9 5 8 , J A J
1 st p r e f. in c o m e , 5 g , 1 9 5 8 , F e b 1
2 d p r e f. in c o m e , 5 g , 1 9 5 8 , F e b . 1
3 d p r e f. in c o m e , 5 g , 1 9 5 8 , F e b . 1
2 d , 5 s ............................... 1 9 3 3 , A A O
C on sol, m o rt. 7 s ..........1 9 1 1 , J & D
C o n so l, m o rt. 6 g ..........1 9 1 1 , J& D
I m p r o v e m e n t s !. 6 g ., 1 8 9 7 , A A O
C on. M .,5 g .,s ta m p e d ,1 9 2 2 ,M &N
T e rm in a l 5 s, g ..........1 9 4 1 , Q.— F.
P h il. W ilm . A B a lt., 4 8 .1 9 1 7 , A A O
P itts . C. A St. L ., 7 s . . . . 1 9 0 0 , F & A
R o ch e s te r R a ilw a y , c o n . o s ..1 9 3 0
S c h u y l.R .E .8 id e ,ls t 5 g .1 9 3 5 , J & D
U n io n T e rm in a l 1 st 5 s ............F & A
B o n d s«— B a ltim o r e .
„
A tla n t a & C ha ri., 1st 7s, 1 9 0 7 , J&J
B a ltim o r e B elt, 1 st, 5 s . 1 9 9 0 , M &N
B a lt. C. P a ss. 1 st 5 s ___1 9 1 1 , M&N
B alt. T ra ctio n , 1st 5 s ..1 9 2 9 , M&N
E xtern & im p t. 6 s . . . . l 9 o ) , M&S
N o. B a lt. D iv ., 5 s ........194 2 , J & D
B a ltlm o s e & O h io 4 g . , 1 9 3 5 , A & O
P itts . & C on n ., 5 g . . . l 9 2 5 , F & A
S ta te n Isla n d , 2 d , 5 g .1 9 2 6 , J& J
B a l.& O h io S. W .,1 st,4 % g . 1 9 9 0 , J&J
C a p e F .& Y a d .,S e r.A .,6 g ,1 9 1 6 , J & D
S eries B ., 6 g ........ . . . . . 1 9 1 6 , J & D
S eries C ., 6 g ..................1 9 1 6 , J & D
C ent. O h io , 4 % g __ ____ .1 9 3 0 , M&S
C ent. P a ss., 1 st 5 s ........ 1 9 3 2 , M &N
C ity & S ub., 1st 5 s ..........1 9 2 2 , J & D
C hari. C o l.A A u g .e x t.5 s .1 9 1 0 , J & J
Col. & G r e e n v ., 1 st 5 -6 8 .1 9 1 7 , J & J
G a .C a r . & N o r . 1 st 5 g . . l 9 2 9 , J& J
G e o r g ia P a c ., 1 st 5 -6 S ...1 9 2 2 , J & J
N o rth . C en t. 6 s . . . . . . . . . . 1 9 0 0 , J&J
6 s ... . . . . . . . . . . . . . . . . . . . 1 9 0 4 , J& J
S eries A , 5 s . . . . . . . . . . . 1 9 2 6 , J& J
4 % s .................................. 1 9 2 5 , A & O
P ie d m .& C u m ., 1 st, 5 g . l 9 1 1 , F & A
P itts . & C on n ells. 1 st 7 s . 1 8 9 8 , J & J
S ou th ern , 1 st 5 s . . . . . . . . . 1 9 9 4 , J & J
V ir g in ia M id ., 1 st 6 s . . . 1 9 0 6 , M&S
2 d S eries, 6 s . . . . . .......... 1 9 1 1 M&S
3 d S eries, 6 s . . . . . . . .. .1 9 1 6 , M&S
4 th S eries, 3 - 4 - 5 s ..... 1 9 2 1 , M&S
5 th S eries, 5 s . . . . . . . . . 1 9 2 6 , M&S
W e st V a C . & 5 M s t , 6 g . l 9 1 1 , J & J
W ePt’t N . C . C on sol. 6 g .1 9 1 4 , J& J
W ilm . C ol. & A u g ., 6 s . .1 9 1 0 , J & D
MISCELLANEOUS.

B a ltim o r e W ater 5 s . . . 1 9 1 6 , M&N
F u n d in g 5 s . . . . . . ........1 9 1 6 , M&N
E x c h a n g e 3 % s .......... ..1 9 3 0 , J& J
V ir g in ia (S tate) 3 s , n e w .1 9 3 2 , J& J
F u n d e d d e b t, 2 - 3 S .....1 9 9 1 , J & J
C h esap ea k e G a s , 6 s . . . . .1 9 0 0 , J& D
C o n s o l. G a s, 6 s . ...■ ■ . .. . 1 9 1 0 , J& D
5 s ......................
1 9 3 9 , J& J
WfinltaHl» fla a .
____fO IQ A-#-'

t L a s t p r ic e wiis w e e k .

B id . A sk .
91%
101

91% .
119%

102%
7 1% 7 2 %
26
26%
15
15%
1 0 % 11
118
125
126
1 16
1 04
95
96
1 01
102
lo 2 %
115
1 94
1 08
118%
100%
115*»
1 06
102%
105
103%

119%
101
116%
107
103%
1 05 %
104

87
105%
75
55
55
102
110
108
105
106
82
108
1 12
117%
115
1 05
99%
107%
87%
112
114
1 09

90
106%
75%
65
65
Ì0 8 %
105%
107
83
109
118%
100%
108
88%
111

102%
1 01
1 0 5 % 105 %
109% 110
1 15
122%| 1 2 3 %
1Ö3“ 1 0 3 %
72% 73%
58% 5 9 %
108
1 1 5 7s 1 1 6 % .
105 % 1 0 5 %

!THE CHRONICLE.

March 30, 1895, J

555

NEW YORK STOCK EXCHANGE PRICES (Continued)—A C T IV E BONDS MAR. 29 AND FOR YEAR 1895.
R a il r o a d

and

Closing Range (sales) in 1 8 9 5 .
Closing
P rice
R ailroad and Miscel. B onds. Inter’ t P rice _Range (sales) in 1 8 9 5 .
Period Mar. 29.
Lowest.
Highest.
Period Mar. 29.
Lowest.
Highest.

M ibcel . B o n d s . Inter't

l l l % b . 1 10 % F eb . 1 13 J an .
A m e r . C o tto n O il, d e b ., 8 g .l9 0 0 Q - F
673k
A L T o p . & S .F .—1 0 0 -y r .,4 g . 198 9 J & J
6 2 % M ar.
68
M ar.
2 d 3 -4 s, g ., CL “ A ” . .......... 198 9 A & O
2114
161g M ar.
2138 M ar.
22
CoL M id la n d —C o n s ., 4 g .1 9 4 0 F & A
18
M ar.
2 2 % M ar.
491s
A tl. & P a c .—G u a r .,4 g . . . . 1 93 7
4 4 ig J an .
4 9 % M ar.
2 % b.
W . D . in o o m e , 6 s................1 9 1 0 J & J
2 % M ar.
3 J an .
9 4 b. 8 6 M ar.
B r o o k ly n E le v .—1 s t , 6 g . . l 9 2 4 A A O
95
M ar.
9414
U n io n E le v a te d .— 6 « . . . . 193 7 M A N
8 4 % M ar.
9 4 % M ar.
C a n a d a S ou th ern .—1 s t 5s 190 8 J & J 1 09
1 09 J an . 111 J an .
2 d , 5 s ...................................... 191 3 M & S 103
1021s M ar. 1 0 7 J an .
5 1 a. 5 0 J an .
C e n t .G a .-S .& W .ls t e o n .5 s .l9 2 9
5 0 Jan .
1 1 2 b. I I I I 9 F eb . 1 12 F e b .
C e n tra l o f N. J .—C o n s .,7 s .l8 9 9 Q - J
C o n s o l., 7 s ............................190 2 M & N 1 17 b. 1 1 4 M ar. 1 21 J an .
1
12
b.
L G e n e ra l m o rtg a g e , 5 g . . .1 9 8 7 J & J
Ill
J an . 1 1 2 78 Jan .
1 0 4 %b. 10134 M ar. 108 Jan.
L e h .& W .B .,c o n .,7 s ,a s ’ d .l 9 0 0 Q - M
8 5 b. 8 5
“
m o r tg a g e 5 s. 191 2 M & N
M ar. 9 2 Jan .
A m . D o c k & I m p ., 5 s . .. .1 9 2 1 J & J 1121a
l l l i « F e b . 1 14 % Jan.
C e n tra l P a oiflo.—G o ld , 6 s .189 8 J & J 1 0 3 b. 1 0 2 78 Jan . 1 0 3 % Jan .
C hes. & O h io.—Ser. A , 6 g.1 9 0 8 A & O 1 19 b. 1 1 9 ig J an . 1 21 F eb .
M o r tg a g e , 6 g ................... 1911 A & O 1 1 8 % b . 1173k F eb. 1 20 M ar.
1 s t c o n s o l., 5 g ................. .1 9 3 9 M A N 106
1 03 ig M ar. 1 0 7 % Jan .
741«
G e n e r a l4 % s , g ....................199 2 M & S
6 9 13 M ar. 7 5 % Jan .
9 2 % a. 9 1
B . & A . D i v .,l s t C o n .,4 g .l 9 8 9 J & J
F eb .
9 4 Jan .
8 3 b.
“
2 d eo n ., 4 g . 198 9 J & J
9 6 !2 b . 9 5
E liz . L e x . A B i g S a n .-5 g. 190 2 M & S
M ar. 9 9 % Jan .
O l i o . B u rl. & Q.—C o n ., 7 s . 190 3 J & J 1 19
118
M ar. 121 Jan .
9 8 12b . 98 ig M ar. 1 01 Jan .
D e b e n tu r e , 5 s..................... 191 3 M A N
9 9 3k
C o n v e r tib le 5 s .................. 190 3 M & S
9 9 19 M ar. 1 0 4 Jan ,
9 4 b 9313 F eb .
D e n v e r D iv is io n 4 s ..........1 92 2 F & A
9 6 % Jan.
88 %a, 8 6 78 F eb .
N e b ra sk a E x t e n s io n , 4 s . 192 7 M A N
89
M ar.
H a n . & St. J o s .—C o n s ., 6 s . 1911 M A S *1 15 % b 1 15 % M ar. 1 2 0 % Jan .
C h ic. & E . 111.—1 st, S. f .,6 s . 1907 J A D 1 1 4 b I M i s F e b . 1 1 6 % Jan.
C o n s o l., 6 g ..........................193 4 A A O 1 2 4 b. 1 24 J an . 1 2 5 % Jan.
97%
G e n e ra l c o n s o l., 1 st, 5 f ..1 9 3 7 M A N
96
F eb .
9 3 % Jan .
84 b 77
C h ica g o & E rie .—1 st., 5 g .1 9 8 2 M A N
M ar.
8 6 Jau .
I n o o m e , 5 s ...........................1982 O ct.
1 8 b. 1 5ig M ar.
2 3 Jan.
9 4 % a 9013 J an .
A
C h ic. G a s L . A O .— 1st, 5 g . . 1937
9 4 % F eb .
C h ic. M il. & St. P —C on. 7 8 .1 9 0 5
1 25 b. 125 F eb. 1 26 Jan .
A
116>sa. 11458 M ar. 1 1 6 % Jan .
A
1 st, S o u th w e s t D iv ., 6 s . . 1909
1 15 b. 115 M ar. 1 17 % Jan.
A
1 st, So. M in n . D i v , 6 s . ..1 9 1 0
112 b, 109 % F eb. 1 12 % M ar.
A
1 s t ,O h .& P a o .W .D iv .,5 8 .1 9 2 1
A
C h ic. & M o. R iv . D iv ., 5 s . 192 6
1041g 1 0 4 F eb . 1 0 5 % Jan .
W ise. & M in n ., D iv ., 5 g -1 9 2 1
A
1 08 b. 1 0 7 Q Jan . 109% F eb.
109 i4 b. 1081« F eb. 1 0 9 % Jan.
A
T e rm in a l, 5 g ...................... 1 91 4
A
G en . M ., 4 g ., series A . . . 1 98 9
8713b. 8 7 F eb .
8 8 % Jan .
A D 1 1 7 b. 116 Jan . 1 20 F eb .
M il. & N o r .—1 s t ,c o n .,6 8.1913
1 38 %b. 1 39
C h ic. & N . W .—C o n s o l.,7 8.1 91 5 Q - F
F eb . 143 % Jan .
C o u p o n , g o id, 7 s .............. 190 2 J A D 1201a 1201« M ar. 1 2 3 % F eb.
S in k in g m a d , 6 s . . . , .........192 9 A A 0 12113 a. 120 J an . 12Q J an .
S in k in g fu n d , 5 s ................192 9 A A O 1 09 3tb. 1 0 9 19 Jan . 1 1 0 % Jan.
S in k in g fu n d , d e b e n ., 5 s . 1933 M A N 1 07 b. 1 0 6 % J an . 110 Jan .
2 5 -y e a r d eb en tu re, 5 s . ..1 9 0 9 M A N 10619b. 106 *9 J an . 108 Jan .
E x t e n s io n , 4 s ..................... 192 6 F A A
9938a. 991« M ar. 102% F eb .
C h io .R .I .A P a c .—6 s., o o u p . 191 7 J A J 1 2 6 b. 126 Jan . 127% F eb .
E x t e n s io n a n d co l. , 5 s . . . 193 4 J A J 101% 100 F eb . 103 Jan .
3 0 -y e a r d e b e n tu re , 5 s . ..1 9 2 1 M A S
8 8 b. 89
M ar.
9 1 % Jan .
C h ic. St. P . M. & 0 . —6 s . ...1 9 3 0 J A D 1 2 4 b. 122 F eb . 1 2 7 M ar.
C le v e la n d A C a n ton .—5 s . . 191 7 J A J
8 5 b . 82
F eb .
8 6 % M ar.
C . C. C. & I .—C o n s o l., 7 g .1 9 1 4 J A D
122 J an . 1 22 Jan .
G e n e ra l c o n s o l., 6 g ........ 1 93 4 J A J 1 1 9 b. 119 F eb . 1 22 % Jan .
C .O .C .A 8 t.L .—P e o .A E .,48.1940 A A O
7719a. 7 4 M ar. 7 7 Jan .
In o o m e , 4 s ........................... 1 99 0 A p ril.
1 2 b.
C o l. C oa l A I ro n .—6 g . . , . . 1 9 0 0 F A A
9 4 b. 9 3 J an .
9 5 Jan .
O oL H .V a l.& T ol.—C o n .,5 g .l9 3 1 M A S
913g
8613 M ar. 9 2 % M ar.
G e n e ra l, 6 g ......................... 190 4 J A D
9219b. 88 Jan .
9 4 M ar.
D e n v e r A R io G r .—1st, 7 g .1 9 0 0 M A N 11419b. 11438 F eb . 1 1 5 Jan.
1 s t c o n s o l., 4 g ....................1936 J A J
821«
7 9 J an .
8 2 % M ar.
D u l. S o. Sh. & A t l.—5 g . . .1 9 3 7 J A J
91
F eb .
90
9 9 % Jan .
F t .W . A D e n v .C it y .— 6 g . 1921 J A D
6 8 b. 65
F eb,
7 4 % Jan.
G a L H .A S a n A n .-M .A P .D .ls t,5 M A N
9 1 b. 91
J an .
9 2 % M ar.
G en . E le c tr ic , d eb . 5 s, g . . .1 9 2 J A D
901«
8 7 J an .
9 3 % Jan.
H o u s . A T . C en t., gen . 4 s, g . 192 1 A A O
6 0 b. 61
F eb .
6 4 % M ar.
Illin o is C e n tra l.—4 g ..........1952 A A O lO lig b .
4 s, g ............. ......................... 195 3 M A N
98 %b. 9 8
J an .
9 8 % M ar.
In t. & G r e a tN o r .— 1 st, 6 g .1 9 1 9 M A N 1 19 a. 1 1 7
F eb . 1 1 9 Jan .
2 d 4 - 5 s .........
.....1 9 0 9 M A S
6 9 b. 6 7 % M ar. 7 1 % Jan.
I o w a C en tra l.—1 st, 5 g . . . ; 193 8 J A D
8519
8 4 % M ar.
8 6 J an .
K in g s C o. E le v .— 1 st, 5 g . . l 9 2 5 ! A J
68 a. 6 8 Jan .
7 1 Jan .
L a cle d e G a s.—1 st., 5 g . . ..1 9 1 9 Q - F
94
9 0 % F eb .
95
Jan .
L a k e E r ie A W est.—5 g ___ 1 93 7 J A J 1 15 b, 1 1 2 % Jan. 116
M ar.
L.
S h ore.—C on. o p ., 1st, 7Js .A1 90
J 0 1 18 a. 1 1 6 % Jan . 118 Jan .
C on s ol, c o u p .. 2 d , 7 s........190 3 J A D 1 23
123 M ar. 1 2 3 % Feb.
-L on g Isla n d . - l r t o u . , 5 g . l 9 o l Q - J
1 1 9 b. 1 1 7 % Jan . 1 1 7 % Jan.
G e n e ra l m o it g a ¿ a , 4 g . .1 9 3 8 J A D ' 9 6 b, 9 5 % F eb .
9 7 Jan.
L o u is . A N a sh .- -u on s., 7 s . 189 8 A A O 110 %
fo, 109 % Jan . 1 1 0 % M ar.
N .O . & M o b ile , 1 st, 6 g . . l 9 3 0 J A J 118
1 1 5 % F eb . 1 2 0 Jan .
**
“
2d, 6 g .. 1930 J A J
103 % M ar. 1 0 4 Jan .
G e n e ra l, 6 g .......................1 9 3 0 J A D 1 14
114
F eb . 117 Jan .
U n ified , 4 g ...................... .1 9 4 0 J A J ' 7 6 b
7 1 % M ar.
7 7 Jan .
N ash. F L A 8 h .-ls t .g t d .,5 g .’ 37 F A A
8 1 b. 7 9
Jan .
85 Jan .
•i K e n tu o k y C en tra l.—4 g . 1 9 3 7 J A J
8 3 b, 8 3 Jau .
85
F eb .
L o u is . N . A . & Ch.—1 st.,6 8 .1 9 1 0 J A J 10914b 1 06 J an. 1 1 0 Jau.
C o n s o l., 6 g ..........................1 91 6 A A O
99 a. 9 3 % F eb.
9 3 % M ar.
.L o u is . St. L . A T e x a s .— 6 g. 191 7 F A A
56% b; 5 5
F eb .
56
M ar.
M a n h a tta n co n so l. 4 s..........199 0 A A O
98
96
J an .
9 8 % M ar.
M e tro . E le v a te d .— 1 st, 6 g .1 9 0 8 J A J 1 1 9 b 1 18 J an . 1 2 1 % F eb.
2 d , 6 s ..................................... 189 9 M A N 108 i«a, 1 0 7 % Jan . 1 0 9 F eb .
M ich . C en t.—1 st, c o n s ., 7 s . 1902 M A N 1 19 a, 1 1 9 J an . 1 2 1 % Jan .
C o n s o l., 5 s ...........................1 90 2 M A N ‘ 108 a 1 0 8 % Jan . 1 0 8 % Jan .
MIL L a k eS h . A W .—1 st, 6 g.1 9 2 1 M A N 12913 1 2 8 % J an . 1 31
F eb .
E x t e n . A I m p ., 5 g . ..........192 9 F A A 110 ! 1 1 0 M ar. 1 15 Jan .
M o. K . A E .—1 st 5 s, g ., g u . 1942 A A O
8738
8 1 J an .
873s Mar.
M . K . A T e x a s .—1 st, 4 s, g .1 9 9 0 J A D
82%
7 9 % F eb .
8 3 M ar.
2 d , 4 s, g ................................ 199 0 F A A
523s
5238 M ar.
4 4 F eb .
M o . P a c .—1 s t ,c o n ., 6 g . . . , 1 9 2 0 M A N
90 b
83
M ar.
9 5 Jan .
3 d , 7 s .................................... 190 6 M A N 1 0 3 b 1 0 3
M ar. 1 0 8
M ar.
P a c . o f M o.— 1st, e x ., 4 g.1 9 3 8 F A A 100 b 1 0 0 % M ar. 1 0 4 J an .
^Noxe.—“ b” in d ica te s p n e e bid;
p r ic e a sh ed ; th e r a n g e is m a d e

P a c. o f M o.—2 d e x t . 5 s ..1 9 3 8 J A J 1 03 b. l
M ar. 1 0 6 % J an .
St.L. A Ir. M t .ls t e x t ., 5 8 .1 8 9 7 F A A 101 b. 1
M ar. 1 0 3 % J an .
2 d , 7 g ................................ 1 8 9 7 M A N 1 02 %b. 1
!
F
ob . 1 0 4 J an .
C a iro A rk . & T e x a s ,7 g .1 8 9 7 J A D 1 01 b.
M
ar. 1 01
9
7
M a r.
G e n .R ’y & la n d g r .,5 g .l 9 3 1 A A O
7 8 %b. 7 6 J an .
7 9 % Jan.
M o b ile A O h io —N e w , 6 g . . 1 92 7 J A D 1 1 5 % b . 1
M ar. 1 1 7 % J an .
G e n e ra l m o rtg a g e , 4 s. ...1 9 3 8 M A S
64
62
M ar.
6 6 % Jan .
N ash. Ch. A St. L .— 1 st, 7s. 191 3 J A J 1 3 0 %
1
M ar. 1 3 2 F e b .
C o n so l., 5 g ......................... 192 8 A A 0 1 0 1 %a. 1
F
e
b
.
102
M a r.
N at’l S ta rch M fg .— 1st, 6 s .1 9 2 0 M A N
9 3% b .
1J an .
9 3 % M ar.
N. Y . C en tra l—D e b t e x t .4 s .1 9 0 5 M A N 1 03 % b . 1
M
ar.
1
03
F
eb.
1 st, c o u p o n , 7 s ....................1 90 3 J A J 1 22 %b. 1
1 2 4 % J an .
D e b e n ., 5 s, o o u p ., 1 8 8 4 ..1 9 0 4 M A S 1 05 %b. 1
1
0
9
%
J
an
.
N . Y . & H a rle m , 7 s, r e g .1 9 0 0 M A N ............. 1
1 1 7 % J an .
B . W . A O g d .,c o n s o l., o s .1 9 2 2 A A O 1 16 % a . l
1
19
J
a
n
.
W e st S hore, g u a r ., 4 s . . ..2 3 6 1 J A J 1 0 5 %
1
1 0 5 % M ar.
N. Y . Ohio. & St. L .—4 g . . . l 9 3 7 A A O 1 0 4 b. 1
1 0 4 % M ar.
N. Y . E le v a te d —7 s ............. 1 90 6 J A J 1 0 8 % b . i
1
0 8 % M ar.
N. Y . L a ck . & W .—1st, 6 s .1921 J A J *131 % b. 1
M ar. 1 3 3 % J an .
C o n s tru ctio n , 5 s . . . ...........192 3 F A A *114 b. 1
1
1
4
M ar.
N .Y .L .E . A W .—1 st,co n .,7 g . 1 92 0 M A S 1 28
1
1 3 2 % F eb .
2 d co n so L , 6 g ....................1 96 9 J A D \ 6 2
M
ar.
6
5
J
an.
L o n g D o c k , o o n s o l., 6s,g. 193 5 A A O 1 3 0 b . 1
F e b . 131
Jan .
N. Y . N. H . A H .—C o n . d eb . c t fs A A O 1 38 %b. i
Jan
.
1
41
J
an
.
N. Y . Ont. & W .—R e f. 4 s , g . 199 2 M A S
89%
Jan.
92
F eb.
C on soL , 1 st, 5 s, g ..............1 93 9 J A D 1 0 9 %b. 1
F
eb.
1
1
1
%
J
an
.
N .Y .S u s.& W .—l s t r e f .,5 s g .l 9 3 7 J A J 1 06 b. 1
1 08 J an .
M id la n d o f N . J ., 6 s, g . 1 9 1 0 A A O 1 19
1
1
19
Jan
.
N o rf.& W .—1 0 0 -y e a r, 5 s ,g .l 9 9 0 J A J
5 0 b.
4 9 % F eb.
No. P a o iflo —1 st, c o u p ., 6 g. 1921 J A J *113% b. 1
F eb . 1 1 4 % Jan.
G en era l, 2 d , o o u p ., 6 g . 193 3 A A O
86%
8 9 % Jan .
G en era l, 3 d , c o u p ., 6 g . . l 9 3 7 J A D
53%
58 Jan.
C onsoL m o rtg a g e , 5 g . . . l 9 8 9 J A D
28 a. 2 4 Jan.
2 8 % M ar.
CoL tru s t g o ld n otes, 6 s .1898 M A N
7 4 b. 7 0 M ar.
7
7 % J an .
C hic. & N. P a c ., 1st, 5 g .1 9 4 0 A A 0 f 4 1
t
J an .
41
J an .
Seat. L . S. A E ., 1 st, g u .6 .1 9 3 1 F A A 1 4 0
f
F
e
b
.
4
5
Jan .
N o. P a c ific A M o n t.—6 g . . l 9 3 8 M A S
31
M
ar.
3
4
%
J
an .
No. P a o iflo T er. C o.—6 g . . . l 9 3 8 J A J
98 %a.
Jan
.
1
0
0
%
J an .
O hio A M iss.—C on. s. f ., 7 s .l8 9 8 J A J 1 0 7 %
1
M ar. 1 0 7 % F eb.
C on soL , 7 s ........................... 189 8 J A J 1 07 b. 1
.07 Jan . 1 0 7 % F eb .
O hio S outhern—1 st, 6 g . ..1 9 2 1 J A D
9 5 a. 9 0 % M ar.
9 6 J an .
G e n e ra l m o rtg a g e , 4 g .,.1 9 2 1 M A N
4 5 b.
M ar. 4 3
JaA.
O m aha & St. L o u is— 4 g . . .1 9 3 7 J A J * 3 5 b. t
J
an
.
t
3
9 % M ar.
O re go n Im p r . C o .—1 st, 6 g .1 9 1 0 J A D 1 0 0 b .
J au . 1 0 0 % M ar.
C on soL , 5 g .......................... 193 9 A A 0
54% ,
Jan .
55
M ar.
Ore. R . A N a v .C o .—1 st, 6 g .1 9 0 9 J A J *108 %a. 1
_ Jan. 1 0 8 % M ar.
C o n so L , 5 g . . . . ..................192 5 J A D * 7 4 % b . t
7
3
Jan.
1
7
6
Mar.
P enn . C o.—4 % g ., o o u p o n .1 9 2 1 J A J 1 11 b . 1
0 9 % Jan . 1 1 L M ar.
P eo. D eo. & E v a n s v . —6 g .1 9 2 0 J A J
9 5 % b. 9 2 F eb .
9
5
J
an .
E v a n s v . D iv is io n , 6 g . . . 1 92 0 M A S
9 5 %b. 9 3
M ar.
9 7 % J an .
2 d m o rtg a g e , 5 g ................192 6 M A N
31
5
F
eb
.
3
1
M
ar.
Phila. & R e a d .—G en ., 4 g .1 9 5 8 J A J
72%
6 7 % M ar. 7 4 % Jan.
1 st p r e f. in o o m e , 5 g ........195 8
26%
1
8
%
M
ar.
2
7
%
M
ar.
2d p re f. in o o m e , 5 g ........195 8
1 5%
9 % M ar.
1 5 % Jan .
3 d p re f. in o o m e , 5 g ........195 8
11
6 % M ar.
I
I
%
M
ar.
. itts b u rg A W e ste rn —4 g,191'T J A J
8 1% b . 8 0 % Jan.
8 4 % J an .
R io G r. W estern — 1 st, 4 g .1 9 3 ; J A J
67%
63
Jan .
6 8 % J an .
St. J o . A G r. Is la n d —6 g ,.1 9 2 i M A N t 58 a. f 51
F e b . 15 9 % J a n .
St. L. A S an F r .—6 g .,C l.B .1 9 0 ( M A N 1 1 4 % b . 11 3
M ar. 1 1 5
M ar.
M A N 1 1 4 %b. 11 3 % M ar. 1 1 6 J an .
J A J 105%
i 0 2 J an . 1 0 5 % M ar.
A A O * 4 9 b. 4 9
M ar.
5 4 Jan .
M AN
70%
62
Jan .
7 0 % M a r.
2d , 4 s , g..
J A J
23
1 6 % Jan.
2 4 % M ar.
M A N 1 18 b. l
1 1 9 % J an .
J A J 116%
1
1
2 0 Jan.
re d u o e d t o 4 % g. J A J 1 0 1 %
1
1 0 2 % Jan .
J A D * 81 b. 8 5 F eb .
87
J an.
J A J
58%
52
J an .
59
M a r.
A A O 1 1 0 b. l 1 2 J an . 117 J an .
M AN
97%
9 5 % Jan.
9 8 Jan .
J A J
88 a. 8 6 M ar.
8 9 % J an .
So. P a o iflo , C al.—6 « . . .
A A 0 l l l % b . 10 9 % Jan . I l l
F eb.
1 st c o n s o l., g o ld , 5 g.
A A O
89
F eb.
9 0 % Jan .
_). P a oiflo, N. M .—6 g.
J A J
9 8 b. 9 9 % Jan. 1 0 0 % Jan .
S ou th ern — 1 st co n s. g.
ij A J
87%
8 4 % Jan.
8 9 % Jan .
E . T en u . re o r g . lie n 4
M A S
82% a . 7 9 % F eb.
8 3 % Jan.
E .T . V . & G —1 s t ,7
>J A J 1 12 % b .
1 1 2 % M ar,
M A N 105%
1 0 5 % M ar,
¡ J A J 1 08 b.
III
Jan .
>J A J l l l % b .
114
F eb.
J A J 1 19 b. .18 J an . 1 2 0
M ar.
t j A J 110%
09
F eb . 1 1 2 Jan .
T enn .C . I. A R y .—T e n .D .,ls t ,6
A A 0
75 b. 7 7
J an .
78
Jan.
B irm in g h a m D iv ., 6 g . ,.1 9 1 J A J
7 8 b. 7 8
M ar.
7 8 % M ar.
T e x a s A P a o iflo —1 st, 5 g . .2 0 0 J A D
87%
8 3 % Jan .
8 7 % M ar.
) M a rch
25%
2 1 % Jau .
2 5 % M ar.
T ol. A n n A r . A J
l M A S t 7 5 b. 7 6
M ar.
82 Jan.
> J A J *108 %a. .0 7 % F eb . 1 0 9 % J a n .
3 J A D t 60
57
F e b . t 6 0 % J an .
3 J A J 104
1 0 2 % M ar. 1 0 6
J an .
3M A S
90
89
M ar.
98
Jan.
3 M A Ï * 3 0 b . 141
Jan . t 4 1
Jan.
4 F A A t 88 b. 8 3
F eb.
9 0 % Jan .
9 M A N 1 06 % a . 1 0 3 % M ar. 108
Jan
9 M A I
65 b . 6 2
F eb.
78
Jan .
2 F A A 1 89%
88 Jan .
9 3 % J an .
9A A C
41 b. 3 9 F eb .
49
Jan.
9J A I
3 5 b. 3 2
F eb.
3 9 % J an .
4 J A .
56
F eb.
50
6 4 Jan .
3M A b
9 5 b. * 9 4
M ar.
9 6 % Jan.
9 M A i
1 06
1 0 4 % F e b . 1 06
Mar*
2 d m ortga ge, l
9 F A A
67%
6 3 % F eb.
7 0 % Jan .
7 J A i 1 05 b. 1 0 2 % Jan . 1 0 5 % M ar.
7 A A ( ) t 2 7 b. 2 3 % Jan . 12 7 *« Mar*
8 J A 1 *1 09 a. 1 0 6 Jan . 1 0 8 % J an .
7 J A J| 4 8 % b. 4 4
Mar.
5 1 % J an .
u p fr o m a ctu a l sales o n ly . * L a te s t p r ic e th is w e e k , t T ru st r e c e i p t s .

NEW YORK STOCK EXCHANGE PRICES-(Contiimed ^ -IN A C T IV E B O N D S -M A R C H 29 .
S E C U R IT IE S .

S E C U R IT IE S .

Railroad Bonds.

B a ltim ore A O h io — (Con.)
5 s, ¿ o l d ....................................... 1925
o o n s . m o r t., g o ld , 5 s............. l a s s
W . V a . A P itts .— 1 st, g ., 5 8 .-1 9 9 0
B . 4 0 . S . H ., 1 st, g ., 4 % s . ..l 9 9 0
M o n o n . R iv e r, l s t g . ,g . 5 s . ..1 9 1 9
Oent’l O h io R e o r .—l s r , 4 % s .l9 3 0
A k . A Ch. J un e.—1 st,g ,5 s,gu . 1 93 0
B rook ly n E le v a te d —2 d , 5 s . ..1 9 1 5
B ru n 8w o k A W ’n —1 st, g. 4 s, 1 93 8

*Stock Exchange Prices.)
A lb a i m a M id .—1 st, g .. g u a r .. 1 92 8
A . T . A 8. P —2 d . 4 s, C lass B .1 9 8 9
C h ica g o A St. L o u .—1 st, 6 s . 1915
« xn. M id . 1st, g ., b o ................. 1 93 6
A t l . * P a c .—2 d W . D ., g u .6 s ,. 1 90 7
B a lt. % O h io—1 st, 6s. P a rk B .1 9 1 9




B id .

A sk.

.......... .........
102
65%

........
63

S E C U R IT IE S

B id.

A sk ,

Buff. R c e i . A P itts .—G e n ., 5 8.1937
94
R o ch .
P ., 1 st, 6 s .................. 192 1 120 122
R o o h . A P itts .— C o n s .l s t ,6 8.1922 1 1 6 % 1 1 7 %
Burl C ed. R a p . A N o .—1st, 5 8.1906
1 0 5 78
C onsoL A co lla t. tru st, 5 s . ..1 9 3 4
95
M in n ’ A St. L .—1st, 7 s, g u ..l 9 2 7
I o w a C. A W e st.—1 st, 7 s ___ 190 9
C ed. R a p . I . F . A N ., 1 st, 68.1 92 0
95
1 st, 5 s . . . . , ............................. 192 1
85
95
C .O h io— C ol. A C in .M .ls t ,4 % s .l9 3 9
86

THE CHRONICLE.

556

[Y

ol.

LX,

NEYI YOtlK STUOR EXCHANGE PRICES.— INACTIVE BONDS—fContinued) —M ARCH 29.
S E C U R IT IE S
C e n t -E B . & B i c k . - C o L g . 5 s .l 9
CeBt. o f N . J ;—C on v . d e b ., 6 8 .1 9 0 8
C en tra l P a cific—G old b d s , 6 s, 189 5
G o ld b on d s, 6 s ............. - .........1 89 6
G o ld b o n d s, 6 s ................... . . . 1 8 9 7
San J oa q u in B r ., 6 s ................ 1 90 0
M ort. g o ld 5 s _________
193 9
L a n d g ra n t, 5 s, g ............. , . . . 1 9 0 0
C al. <fe O. D iv ., e x t ., g. 5 s . . . 191 8
W est. P a cid o —B o n d s, 6 s — 1 89 9
Ñ o. R a ilw a y (C al.)—1 st, 6 8 .1 9 0 7
5 0 -r e a r 5 s . . . . . . . . . . . . . . . . . 1 9 3 8
Ches. & O .—Pur. M . fu n d , 6 s .189 8
w taig V a lley —1 st, g ., 5 s — 1 94 0
W arm 8 p r. V a l., 1 st, g. 5 s . .1 9 4 1
C aes. O. «feBo.West.—1 st 6 s, g .1 9 1 1
..1 9 1 1
2d, 6 s .............................
Oh. V .—G e n .c o n .ls t ,g u .g ,5 s .l9 3 8
C h ica g o & Alton:—8. F ., 6 s ----- 1903
Louis. & M o. R iv e r —1 st, 78.1 90 0
2 d , 7 s ........................................1 90 0
S í. L . J a ck s. & C h ic.—2 d , 7s 1898
M iss.E . B rid g e —1 st, s. f., 68.1912
Ch o. B u rl. & N or.— 1st, 5 s . . ..1 9 2 6
D e b e n tu re 6 s ............. . . . . . . . . 1 8 9 6
Ch o. B u rlin g . & Q.—5s, s. Í ..1 9 0 1
I o v a D iv .—S ink, fu n d , 5 s . . 191 9
S inking f u n d ,4 s ................ ..1 9 1 9
Plain, 4 s .................................... .1 9 2 1
C hic. & In d ia n a C oal—1 st 5 8 .1 9 3 6
C hi. M il. & St. P .—1 st,8 s ,P .D .189 8
«a , 7 3 -lO s, P . D ..................... 189 8
I s i , 7 s , $ g . , E . D ..................... 190 2
1st, I. & M ., 7 s ......................... 189 7
1st I. & D ., 7 s ......................... 189 9
1st ,C. & M ., 7 s ......................... 190 3
1st, I. & D . E x te n s io n , 7 s . ..1 9 0 8
1st, L a C. & D a v ., 5 s . . . . . . . 1 91 9
1st, H . & D . , 7 s ....................... 191 0
1st, H . & D ., 5 s ....................... 1 91 0
C h ica go A P a c id o D iv ., 6 s . .1 9 1 0
M ineral P o in t D iv . 5 e ............191 0
Q. A L. Sup. D iv ., 5 s ..............1921
F argb A S ou th ., 6s, A s s u .. .l 9 2 4
In c. c o n v . sin k, fu n d , 5 s ___ 1 91 6
D a kota «fe G t. S ou th ., 5b___ 191 6
M il. A N or. m a in lin e—6 s . . . 1 9 1 0
C hio.& tf Orw.—3 0 -y ea r d eb . 5s. ’ 921
B sca n ab a A L . 8 .1 s t , 6 s . ...1 9 0 1
D ss M. <fe M in n .— 1st, 7 s . . ..1 9 0 7
(O w a M id lan d —1 st, 8 s . . . . ..1 9 0 0
Península—1 st, c o n v ., 7 s . ..1 8 9 8
0 h !0. A M ilw a u k ee— 1 st, 7 s . 1898
Win. A St. P .—2 d , 7 s .............. 1907
Mil. & M a d .— 1 st, 6 s .............. 1905
O tt. O. F . A St. P .— 1 st, 5 s . - 1909
N orthern 111.—1 st, 5 s . . . . . . 1 91 0
Ch.R.I.«feP— D .M .& h .D .l s t 4 s . l 9 0 5
1st, 2*88.................
.....1 9 0 5
E x ten sion , 4 s . .................. ..1 9 0 5
K s o k u k «fe D es M .—1st, 5 s . .1 9 2 3
C h ic. St. P . & M inn.—1 s t ,6 s . . .1 9 1 8
or. P a u l «fe S. C .—1st, 6 s ........191 9
Ohio. A W . In d .— 1st, s. f., 6 8 .1 9 1 9
G en era l m o rtg a g e , 6 s ............1932
C8n H a m .«feD .—C o n .s . f ., 7 s .1905
C m . D . «felr’n— l s t ,g u . 5s, g. 1941
C lev . A h. A C ol.—E q . & 2 d 6s

B id .
114

A sk .
95
1 17

100*9
100*s

101
104
91
ib s '
90%
106%
93

97

*50
115% 117
113%

110
107*8
105%
*105*a
*95
105
107
*98
87
95
100

110*s 111
113*s 1 16

121
113
115

122*s
116

119
121*8 126
1 27
129
1 06
108

121

106
117
1 07

106
108
1 15
117
106*8

109
105
1 05
58

CO

96
127

100
128
129

'1 0 7
*116
118
101*i 102
___ _
,t
........
*9Q

*
W n iteW .V a L D iv.—ls t ,g . 4s.
89
C in .W a b.& M .D iv.— I s t ,g .4 s .l9 9 1
94
93
in. I. St. L . A C.— I s t ,g .,4 s .l9 3 6
C o n s o l, 6 s ..................................1920
Oih.San.«feCl.—C o n .ls t,g .5 s , 1928 i b á " 108
CL Col. Cin. <fe In d .— 1st, 7 s ,s .f.l8 9 9 113*4 113%
C onsol. sin k, fu n d , 7 s ............1914
C in.& Ppr.— lst.C .C .0 .< fel.7 s.l9 0 1
C leve. L o ra in «& \\h.— 1st, 5 s .1 93 3 io*5*i 106*4
......
C lev e C tM au. V.—G oiu , a s . ..1 9 3 8
D e l, <a ck . <&W.— M ort. 7 s . . ..1 9 0 7 Ì3 0*s
S yra. B in g. A N. Y .— 1st, 78.1906 1 30
144
M orris <fe E ss ex — 1 st, 7 s ....1 9 1 4 143
B on d s, 7 s ................................1 90 0 1 ld*i 117
7 s o f 1 8 7 1 ...............................1901 *119
1 st, c o n ., gu a r., 7 s .............. 1915 I 4 l * i 145
W arren -2 d , 7 s ....................... 190 0 116
D.
& U .C an .— Pa. «5 iv .,oou p .71s.l9
40 17
A lb a n y <fe S u sq .—1 s t ,g u .,7 s. 1906 *127
1st, co n s ., g u a r ., 6 s ........... 190 6 *
121*4
R e i e . A Bar.— 1 st, c o u p ., 78.1921 143
147
D e n /e r C ity C able—1st, 6 s . ..1 9 0 8
D e q v . T ra m w a y —C ons. 6s, g .1 9 1 0
M etrop ol. R y.—ls t ,g u . g .6 s .l9 1 1
D en ^ . <fe R . G .—I m p .,e ., 5 s . ..1 9 2 8 *74*s
D e l. B a y C. & A lp .— l 6 t , g ,6 s 1 91 3
20
25
D e t.M . <a .—L. g. 3 ss,fter.A ,.iy «U
•uiutn <&Iro n Kai«.ge—1 st os . 1937
92
92*4
109
E rie -1 s t , e x te n d e d , 7 s ............189 7 1 08
2 i, e x te n d e d , 5 s....................... 1919 113*i
3 1 , e x te n d e d , 4 * 8 8 .............. .1 9 2 3 1 1 6
4 ih , e x te n d e d , 5 s..................... 1920 115
55h , e x te n d e d , 4 s..................... 1928 100*4 102
1 st, c o n ., g ., f’ d , 7s ................ 1920 -1 2 1
R e o rg ., 1 st lien , 6 s .................. 1908 102
106
B. « . Y . «fe E .— 1st, 7 8 ............ 1916 133** ___
(f.Y .L . E.«feW.—F i d . o o u .5 s . 1969 *61*4 65
110
C ol. t r u s t . 6 s...........................1 92 2 100
Raff. A b. W.—M ortg . 6 s . . . .1 9 0 8 *160
ie ffe rs o n —1st, gu . g. 5s — 190 9 •102
........
C oal <fe R R .—6 s . . ..................... 1922
D ock <s I m p t .,ls t 6s, c u r ’ cy .1 9 1 3 108
..........
E ire k a S prin gs— 1st, g ., 6 s . . .1 9 3 3
E 'a u s. A T .H .— 1st,c o n s .,6 s ..1 9 2 1 IOO 1 0 7
st, gen era l, g ., 5s . . . . . . . . . . . 1 9 4 2
M t. V ern on 1st 68 .................. 192o .......... ........
E.
& T.I1.— dul. Co. B r. 1st,g .,5 b. 1930
E v .& K ic h .— I s t g e n .5 s ,g .g u .l9 3 1
IOO
E v a n s . & In d ia n .— 1st, o o n s ..l9 2 6
1.12*4
F lin t A P . M a ru .—M o r t., 6 s. ..1 9 2 0 i l u
90
*80
1 st co n . g o ld , 5 s ............. . . . . 1 9 3 9
87
P o r t B o r o n —tat.. 6 s . . . , .. .1 9 3 9 ♦

S E C U R IT IE S .
r ia . CeD «fePen.— l s t g . 5 s— 191 8
1 st co n . g ., 5s
................ 1943

f t . W orth A R . G .— 1 st g ., 5 s ..1928
G al. H a r. A San A n t.—1 st, 6 s . 1910

B id .

A sk .

’ 105*8

61
96
101
2 d m o r t., 7 s ................. .
1905
G a. C ar. A N o r.— 1 st, gu . 5 s, g.1 9 2 9
G a. So. <fe F la .—1 st, g. 6 s ........ 1927
22
G ran d R a p . & I n d .—G en . 5 s . . 1924
48
G. B . W. & S t. P .— 1st, co n . 5S.1911
" 3"
2 d in e. 4 s ........ .......................... 1906
H ou sa ton lo —C ons, g o ld 5 s . . . . 1937 ’ 132*
N .H a v en «fe D e rb y , C o n s .5 s ..l9 1 8
H ous. & T . C.—W a c o A N . 7S..1903 1 1 0
1 st g ., 5s (int. gtd>................. 193 7 104*4 106*4
103
C ons. g. 6s (lnt. g t d )............. 1 91 2 1 0 0
86
D e b e n t. 6 s , p rin . & in t. gtd .1 8 9 7 *82
D e b e n t. 4 s, p rin . A in t. g td .1 8 9 7 *75
Illin o is C entral—1 st, g ., 4s ...1 9 5 1 1 10
100
1 st. g o ld , 3*48........................... 1951
102
C airo B rid g e — 4 s .....................1 95 0
S p rin g f. D iv .—C o u p ., 6 s ----- 1898 1 6 3 *4
M id d le D iv .—R e g ., 5 s . . . . . . . 1921 111
109*4
C. St. L . <feN. O .—T en . 1., 7 8 .1 8 9 7 1 09
109**
1 st, c o n s o l., 7 s ........... ...........1897
2 d , 6 s ................ ......................1907
G o ld , 5 s, c o u p o n ..................1951 116
M ernp. D iv ,, 1 st g. 4 s . ,...1 9 5 1
Oed. F a lls <fe M inn .— 1st, 7s. .1 9 0 7 i ’í é " Í 25 "
I n d . D . <& S pr,—1 st 7s, e x . c p .1 9 0 6
In d .D . A W — I s t 5 s, g. .t r .r e c . . 194 7
2 d , 5s, g o ld , tru s t r e c e ip t s .. 1948
I n d . Ills . A Io w a .— 1 st, g, 4 s.. 1939
21
In t. A G. N’n .—3 d , 4 s, g ....... 1921
65
K in g s C o .-F .E l.,ls t ,5 ,g .,g u . A .1 9 2 9
103*«
L a k e E rie A W e st.—2 d g ., 5 s .1941 1 03
—
L . S. & M .SO U —B.«feE.—N e w 7 s .’ 98 1 1 0
D et. M . A T .—1 st, 7 s ............. 190 6
113%
L a k e S h ore—D iv . b o n d s, 7 s . 1899 113
K a l. A ll. A G . R .— 1 st gu . 58.1938 113
M a h on ’ g C oal R R .— 1st, 5 s .193 4 113
100*4
L e h ig h V .lN .Y — 1 st gu.g.4*2S.1940
L eh ig h V .T e rm .—1 st gu , 5s,g. 1941
L eh ig h V ’ y C o a l—1 st 5 s ,g u .g .l9 3 3
L itch f. Car.«fe W est.— 1 st 6s. g .1 9 1 6
L ittle R o c k A M .— 1st, 5 s, g . . l 9 3 7
L o n g Isla n d — 1st, 7 s ..................1898 110*» 111
F e rr y , 1st, g ., 4 * ss..................192 2
G o ld 4 s . . . . , ...............................1932
99
N . Y . A R ’ w a y B .—1 st, g. 5 s . 1927
37*8 43
2 d m o r t g ., i n o .................. ...1 9 2 7
N .Y .& M a n .B e a ch .— 1st, 7s, 1897
100
N .Y .B .& M .B .— 1 st co n . 5s,g. 1935
B r o o k l’n«feMontauk— 1 st,6s. 1911
1 st, 5 s . . . , ...............................1911
106
N o. S h ore B r.— l s t c o D .5 s ,g .l9 3 2
26*4 27
Louls.Evans.tfe St. L .—C on .5 s. 1939
L ou is . & N ash.—C ecil. B r. 7 s ..1907
L15
E . H . A N ash.— 1 st 6 s, g . . . . 1919
112
P e n s a co la D iv is io n , 6 s ..........1920
St. L ou is D iv is io n , 1 st, 6 s ... 1921 118
2d , 3 s ........................................ 198 0 *60
N a sn v . A D e ca tu r— 1 st, 7 s . .1 9 0 0 111
S. f.,6 s .—S. A N . A la .............. 191 0 105
1 0 -4 0 , g o ld , 6 s . . . . . ................192 4
5 0 -y e a r 5 s, g . ,................... . . . . 1 9 3 7 * 9 5 " 105
10U
99
P en s. <fe A t.— 1 st, 6 s, g o l d . . . 1921
C olla t. tru s t, 5 s, g ..................1931 100
67*s 7 0
Lou.N.Alb.«feCn.—G e n .m .g .5 s .l9 4 0
M a n h attan R y .—C ons. 4 s ........1990
97*4 97 %
M em p his <fe C hari.—6s, g o l d .. 1924
1 st co n . T e n n lie n , 7 s ............191 5
M ex ica n C ent. C on sol.— 4s, g.1 91 1
1 st, co n s, in co m e 3 s, g . . . . . , 1 9 3 9
M ex. In tern a tio n a l— Lst, 4 s ,g .l9 4 2 *68
.........
M e x ica n N a tion a l—1 st, g ., 6 s . 1927
2 d , in c o m e , 6 s, “ A ” ................1917 " 2 7 "
*5
10
2 d , in c o m e , 6 s, “ B ” .............. 191 7
M ich ig a n C entral—6 s ................1909
C o u p o n , 5 s.................................. 1931 116*4
M o r tg a g e 4 s ...............................1940 *ioO
Bat.C.<feStrgis.—I s t ,3 s ,g .g u .l9 8 9
M il. L. S .& W .—C on v. d e b ., 5 s . 1907 i b T * ¿07**
M ich . D iv ,, 1st, 6 s................... 1924
126%
A sh la n d D iv is io n — 1 st, 6 s . .1 9 2 5
.3 9
Minn.<& St. L .— 1st, g. 7 s ..........1927 Í3 6
124
I o w a E x te n s io n , 1 s t ,7 s . ... .1 9 0 9 1 2 0
1 1 8 7s
S ou th w est E x t .— 1st, 7 s .. . ..1 9 1 0 118
P a citio E x t .— 1 st, 68 . . . . . . . . 1 9 2 1 119*4
M inn. & P a o .—1 st m o rtg ., 5 s . 1936
M inn .S t.P .& S.S.M — l s t c .g .4 s .l 9 3 S
M issou ri K a n sa s A T e x a s —
76*» 76%
M o.K.tfeT.of i'e x .ls t ,g u .5 s .g .l9 4 2
74
K a n sa s ( ity <&P ., 1 st, 4 s , g ..199 0
82
D a l. <& W aco— 1 st, 5 s, g u . . . . 194 0
80
M issou ri P a c ilio —T ru st 5 s . . . 1917
1 st c o il., 5 s, g ........................... 1 92 0
103
St L.tfel. M .~ A r k .B r .,ls t ,7 s .l8 9 5 102%
M ob ile <&O h io—1 st e x t ., 6 s . . . 1927
St. L. «fe C a iro —4 s, g u a r ........1931 .........
l 'l 5 ”
M orga n ’ s L a . «fe T .—1 st, 6 s . . ..1 9 2 0
1 st 7®r i J '
-m' 4
1918 1 2 6 S 131
.•••a.
N ash. ChatV&¥f."L*.—2 d , 6 s ? !l9 0 1
N. O. «fe. N o. E . - P r . 1., g ., 6 s ..1915 1 0 6 * '
104
N. Y . C en tra l.—D e b . g . 4 s . . . . 1905
N. J . J u n e —G u ar. 1st, 4 p ... l 9 8 6 100
B eech C reek— 1 s t ,g o ld , 4 $ ..1 9 3 6 1 01 %
O sw . <& R o m e —2d, 5 s, g .,g u .l9 1 5
U tica A B l. R iv .—4 s, g., gu .1 9 22 100
110
N . Y . A P u t.—1st, g ., 4». gu .1 9 9 3 104
N. Y . N. H . «fe H .—1st, re*f. 4 s .1903 108
12j
N. Y . A N orth ern —Iso, g. 5 s .. 1927 118
N. Y . Susq. «fe W est.— 2 d , 4*48.1937
G en . m o rt., 5 s, g .................. 194 0 ......... .........
N. Y . T e x . «fe M e x .— I s i,4 s ,g u .l9 1 2
25
N orth’n P a cific—D iv id ’d s crip e x t .
.........
J a m es R iv e r V a l.— 1st, O s...1 9 3 6
75
S pok an e <te P a l.— 1st, 6s........1936
B t.Paul <fc N . P .—G e n ., 6 s ..1 9 2 3 1 16
H elena«& RedM ’ u— l s t ,g ., 6 s . 1937
7 7 *4
Dniuth«feM.anitoba— l s i ,g .6 s l9 3 6
Dul.«feM.an D a k .D iv .— lsitis.1 9 3 7
77*»
Coenr d ’ A le n e — 1st, 6 s, g o ld . 1916 . . . . . .
G en . l s t , g „ 6 s ....................... 193 8
C ent. W ashington— l st.* ,,6s. 19 38

S E C U R IT IE S .

* N o p r ic e F rid a y ; th ese a re t a e la te s t q u o ta tio n s m ad e this w eek , » t o r i V l i e o e i i a u e o u « a u d U n l i s t e d , r f o a d s .




B id .

A sh .

N o rfo lk <& 8 o u th ’ n— l s t , 5 s ,g .l9 4 1 102
1 14
N o rfo lk <fe W est.—G e n e ra l, 6 s .1931 113
N e w R iv e r l s t , 6 s . . . . . . . . . . . 1 9 3 2 106
Im p . <fe E x t ., 6 s . .. . . . . . . . . . . . 1 9 3 4
A d ju s tm e n t M ,, 7 s ......... . . . . 1 9 2 4
E q u ip m e n t, 5 s . .. . . . . . . . . ____1908
60
60
C lin ch V a l. l s t 5 s . . . . . . . . . . . 1 9 5 7
Roanoke«feSo.— l s t , gu . 5 s, g .1 9 2 2
72
S cio to V al. <fe N . E .— 1 st, 4 s ,.1 9 9 0
O h io A M iss—2 d c o n s o l. 7 s . . .19 1 1 118*4,
S p r in g .D iv .— l s t 7 s ................. 190 5
95
G e n e ra l 5 s . ...................... . . . . . 1 9 3 2
9 9 % 101
O h io R iv e r R R .—l s t , 5 s........... 1 93 6
80
G e n . g . , 5 s .................................. 1937
78
O re g o n <&C a lifo r.— l s t , 5 s, g .1 9 2 7 *75
O reg. Ry«feN av.—C o l.tr . g ..5 s .l9 1 9
P enn -P .C .C .< feStL .C n.g.4*48A 1940 1073s
108
Do
do
S eries B ..........
P .C .«fe S .L .-lst,o .,7 s..................190 0 110*4
P itts. F t. W . «fe C.— l s t , 7 s . .. 191 2 139%
2 d , 7 s ...................................... 1 91 2
138*4
3 d , 7 s ......................
191 2 ’1 27
Ch.St.L.«feP.— ls t ,c o n .5 s ,g ... 1 93 2 1L6
C ie v . <fe P .—C on s., s. fd ., 7 s . 1 9 0 0 118*4
G en . 4 * is, g ., “ A ” .............. 1 94 2
St. L .V .& T . H .— l s t , 6 s . , 7 8 .1 8 9 7 1 0 5
106*4
110
2 d , 7 s ........................................ 189 8
2 d , g u a r ., 7 s ....................... ..1 8 9 8 107
G d.R .«& I.E xt.— ls t,4 * s s,G .g . 1941 107 »8
P e o .«fe E .-In d .B .& W .-ls t,p f.7 8.1900
O h io ln d .& W .— l s t p r e f . 5 s ..l 9 3 8
P e o ria <fc P e k . U n io n — l s t , 6s .1 9 2 1 111
71
2 d m o rtg ., 4*as......................... 1921 *63
P itts. C iev e. A T o l.— l s t , 6 s .-.1 9 2 2
P itts . A L . E r.—2 d g. 5 s, “ A ” . 1928
P itts. M o. K . A Y .— l s t 6s------ 193 2
92*« 9 6
P itts. P a in sv . <fc F .— 1st, 5 s . ..1 9 1 6
P itts. Shen. & L .E .—ls t ,g .,5 s . 1 9 4 0
l s t co n so l. 5 s . . . . . . . . . . . . . . . . 1943
70
P itts. <& W est.—M. 5 s, g .1 8 9 1 -1 9 4 1
P it ts .Y ’g s t’n«feA.—l s t , 5 s ,c o n .l9 2 7
P res. & A r iz . C en t.—1 st, 6 s, g .1 9 1 6
2 d in o o m e 6 s ..................... . . . . 1 9 1 6
R io G ra n d e S o.— l s t , g ., 5 s . . . 194 0
St. J o s. A G r. Is.—2 d i n c ..........192 5
8*t
K a n . C. A O m aha— l s t , 5 s .. 1 92 7
St. L . A . A T. H .— Term . 5 s . .1 9 1 4
104*4
B e lie v . <& So. 111.—l s t , 8 s ...x 8 y 6 1 06
B e lle v . <fe C ar.— l s t , 6 s . . . . . . 1 9 2 3
Chl.8t.L.«fePad.— ls t ,g d .g .5 s 1 91 7
97*4
80
St. L o u is S o.— l s t , g d . g. 4 s . 1931
60
do
2 d in c o m e ,5 s .1931
80
Car. «feShawt.— l s t g. 4 s . .. .1 9 3 2
St. L . <fe S. F .—2 d 6s, g ., c l. A . 1 90 6 114*4
90
G e n e ra l 5 s . . . . . . . . . . . . . . . . . . . 1 9 3 1
75
l s t , tru st, g o ld , 5s................. 198 7
K a n . C ity <fc S.— l s t , 6s, g . . . l 9 1 6
95
F t. S. <fe V . B . B g . - l s t , 6 s . . . 1 91 0
K a n sa s M id lan d — l s t , 4 s , g .1 9 3 7
St. P a u l <fe D u lu th —l s t , 5 s . . . . 1931
105%
2 d m o rtg a g e 5 s ......................... 191 7 1 0 5
St. P a u l M in n A M .— l s t , 7 s . .1 9 0 9 111*4 1 1 3
2 d m o rt., 6 8 ...................... ..........190 9 118*4 .....
12 L
M in n ea p . U n io n — l s t , 6 s ___ 1922
M on t. C en.—l s t , g u a r ., 6 s . .1 9 3 7 1 1 2
113*4
l s t gu ar. g. 5 s ....................... 1937
9938
E a st. M in n ., l s t d iv . l s t 5 s . 1908
102*4
W ilm a r& B io u xF .— l s t , g , 5 s .l 9 3 i
San F ra n . <fe N. P .—l s t , g ., 5S.1919
95
S o u th e rn R a ilw a y —
A la o a m a C entral—- 1 s t 6 s . . . 191 8
A tl. A C har.— 1 st, p r e f., 7 s . .1 8 9 7 102*4
I n c o m e , 6 s . . . . . . ........... . . . I 9 6 0 100
C olu in. <& G reen .— l s t , 5 -6 8 .1 9 1 6 104
E . ea u . V. <x *+a.— D i vie. >s I 9 6 0
111
R ic h <& D a n .—E q. s. f. g. 5 s . 19«19
92
1 00
lich e n . 5 s, s ta m p e d . . . . . . I u 2 1 8 6
92
V ir’ a M id.—S erial s e r.A , 6 s. 1906
B eiies B , 6 s . . . . . . . . . . . . . . . . 1911
S e iie s U, b s ................. ......... l a 16
S eries D , 4 - o s . . . . . . . . . . . . . 1 9 2 1
S e iie s E, 5 s . . . . . . . . . . . . . . . . 1 9 2 6
S eries F , 5 s .........................«,.1931
Wash.O.«feW.— ls to u r .g u .4 s,J .9 2 ±
74
79*4
T e r.K K .A s ’ u o f B t .L .-ls t ,4*48.1939
T e x a s «feNew O rlea n s—l s t ,7 s . 1905
B abm e D iv is io n , l s t , 6 s ........ 1912 IO j
C on sol. 5s, g . . . . . . . . . . . . . . . . . 1 9 4 3
T e x . «fe'Pac., E. D .—l s t , g. 68.1 90 6 *107 *4 1 12
T h ird A v e n u e (N .Y ).—1 st 5 s, 1937 *118%
T o l. A . A . <&C ad .—6 s . . . . ______ 1917 *60
T o le d o A . A . «feG’ d T r .—g. 6 s .1921
80
7a
T o l. A . A . A M t. P L —6 s ...........1 9 1 9 *60
T o l. A . A . A N . M .—5 s, g ..........1940
T.<feO.C.—Kan.«fe M ., M ort. 4 8.1 99 0 *79% 81
Tol.P.<& W.— l s t i s , i a e . f ’d .eou .J uly
65
70
U lster <s D e l.— l s i , c o n .,6 .,o s . 1926 *103
1 0 3 >4
U nion P acitic— l s t , 6 s . ......... ..1 8 9 6 103
l s t , 6 s . . . . . . .......
. . ..1 8 9 7 *103*4
l s t , 6 s . . . . . ................... . . . . . . . 1 8 9 9 1 0 8 78
C olla tera l T ru st, 6 s ................ 1908 *90*a 9’ 1*4
C o lla 'e ia l T ru st, 5 s ............... 190 7
■70
K a n sa s P a e id o —l s t 6 s, g . . . l 8 9 5 1 03 %
l s t , 6 s, g .................................189b 104*4
C. B r, U. P - F . o ., 7 s ............189 5 *45
A tc h . C ol. A P a o .— l s t , 6 s ... 1905
A tc h . J . Co. <fe W.—l s t , 6 s ... 1905
.....
U .P . L in . <&C ol.— l s t ,g ., 5s. 1 9 1 s
O reg.B .L .< feU .N .,coi.trst.,5 s.l9l9
25
U tah A N orth .— l s t , 7 s......... 190b 100
G o ld , 5 s . . . . ............................ 1926
U tah S ou th ern — G e n ., 7s ..1 9 0 9
E x te rn , 1st, 7 s ......... . . . . . . 1 9 0 9
.......... ..........
V alley R ’ y Co. o f O .—C on. 6 s . 1921
W abash— D eb en tu re, Ser. A . . 1939
D e b e n tu re , S eries B ............1 9 3 9
23
95
93
D et. <&unro. E x t . 1st, 5 s, g .,1 9 4 c
N o. M issouri—l s t , 7 s ............1 8 9 t 102*8 10238
St Li.K.C.«teN.—R .E .«feR R .7s.l8 9 f 101*4 l O l 6»
8t.C h arles B r’ g e — l s t ,6 s .. . 190f .........
W e s t Va. C. <fc P itts.— 1st, 6 s . 1911
........
Wheei.«feL.E.— 1st. 5 s, g o l d .. .192* i b i ”
92
E xten sion A Im p , g ., 5 s........191- 0 *90
W is. C «a t. in c o m e o s .................1917
....... . . . . .
Bee 3 d p a g e p re ce d in g .

Mabch 30, 18Ö5.J

THE CHRONICLE,

Im restm cw t
AND

R oad s.

557
Latest E arn ings Reported.
W eekorM o

1 8 9 4 -5 . 1 189 3 -4 .

Jan. 1 to Latest Date,
1 89 4 -5 .

I 1 89 8 -4 .

$
j
j
$
$
8
Gr. R ap . & Ind . 3d w k M e l
4 0 .7 1 9
3 9 ,1 6 7
3 9 9 ,6 4 7
3 8 4 .0 1 3
R a ilr o a d fttM I ig m c * .
Cin. R .& F t W . 3 d w k M e x
7 ,8 5 4
7,83* 1
8 5 ,3 4 !>
8 2 .0 5 5
T ra v e r se C ity . 3d w k M e 1
74 4
8 0 ‘2
7 ,7 9 1
1 2 ,0 5 3
M us. G. R . & I . 3 d w k M e l
2,00. J
2,10( )
2 1,5 0( )
1 7 ,8 7 0
T o t. a ll lin e s 3d w k Mcl
5 1 .3 U i
"the Investors’ S upplement, a pamphlet o f 160 pages, con­
4 9 ,9 0 :
5 1 4 ,28<i
4 9 5 ,9 9 1
G ran d T r u n k .. W k M a r.2 ; i 3 40 , L8<) 3 4 6 ,8 3
3,564,521 3 ,7 9 3 ,4 7 6
tains extended tables o f the Stocks and Bonds o f Railroads
C hic. & G r. T r . W k M c h
5 2,3 1
5 6 ,2 2 '
4 5 7 ,1 9 '
5 1 8 ,3 6 4
r.H .A M . W k M ch
17 , 73 :
19,231
132,791
1 6 4 ,5 6 4
and other Companies, with remarks and statistics concerning G rDeeat.G
t N o rth ’ n St. P . M . & M February
th e income, financial status, etc., o f each Company. It is
683,971
658,1 oe 1,373,881 1 ,3 3 0 ,4 0 0
E a s t o f M inn. F e b ru a ry
9 5 ,1 3 (
62,326
1 8 1 ,3 0 t
1 2 6 ,1 9 2
published quarterly on the last Saturday o f January, April,
M o n ta n a C ent F e b ru a ry
110,464
117,388
216,325
2 1 8 ,3 5 6
T o t. s y ste m F e b ru a ry
8 89 .57 Î
837,821 1,771,512 1 ,6 7 4 ,9 4 8
July and October.
G u lf <fe C h ica g o F e b ru a ry
2.694
3,288
6.871
6 .8 0 4
The Street R ailw ay Supplement is published quarterly H o o s .T u n .& W il F e b ru a ry
2.77E
2,094
6,158
4 ,2 8 0
H o u s.E .& W .T es F e b ru a ry
38.00C
29,71C
88,301
7
5
,1 7 7
Oh the last Saturday o f February, May, August and November. H u m est’ n & S hei F e b ru a ry
8,201
10,328
17.400
1 9 ,7 7 1
o is C en tra l F e b ru a ry 1,411,604 1.428.81C 3 ,0 2 0,96 0
Both Supplements are furnished without extra charge to Illin
2 ,9 1 4 ,8 4 6
In d . D ec.& W est 3 d w k Meli
8,362
5,993
7 2 ,4 4 1
101,450
In .& G t. N o rth ’r 3 d w k M ch
all regular subscribers o f the Chronicle.
70,114
5 6,253
8 66 ,31 0
6 7 1 ,5 9 7
J ln te r o c . (M ex. W k M ch f
50,740
5 0,453
467 ,96 4
4 6 0 ,8 9 1
I h e General Quotations o f Stocks and Bonds, occupying six I o w a C e n tra l... 3 d w k M c l
29.126
35.7 12
332 .39 9
4 1 1 ,7 4 5
pages o f the C h r o n i c l e are published on the t h i r d S a t u r ­ I r o n R a ilw a y ... F e b ru a ry
3,468
3,590
7,587
7 ,1 4 5
J a c k . T . & K . W F e b ru a ry
46,739
1 02,175
119,660
1 9 7 ,8 0 7
d a y o f each month.
J a m e s t’n & L . £ J a n u a r y ...
2,622
2,787
2,622
2 ,7 8 7
K anaw h a& M ict) J d w k M ch
6,806
7,6 5 1
75,6 81
6 9 ,9 0 8
K . C.F. S co tt &M 3 d w k M ch
7 2,631
86,6 52
9 29 ,72 3 1 ,0 3 6 ,3 4 9
K .C . M em .& B ir 2 d w k M ch
R AILRO AD EAR NINGS.
17.993
1 9,145
2 3 5 ,6 9 7
2 01,081
K a n .C . N . W . . . F e b ru a ry
17,958
28,4 71
3 6 ,2 03
5 6 ,7 6 2
The following table shows the gross earnings of United
K a n .C .& B e a t. F e b ru a ry
395
1,063
7 96
2 ,1 4 1
States railroads (and also a few Mexican and Canadian roads) K . C. P itts. & G .. 3d .w k M cl
9,867
6 ,8 4 4
1 01 ,77 1
6 2 ,9 7 8
for the latest period reported. The statement includes every K a n .C . Sub. Bel 3d w k M eb
3,517
3 .5 3 1
3 9 ,8 8 0
3 9 ,6 8 3
K e o k u k & W est 3*1 w k M ch
6,383
7 .6 4 5
6 7 ,3 7 2
7 5 .2 8 5
road from which regular weekly or monthly returns can be L . E ri6 A ll.& So
F eb ru a ry.
6,452
5 ,4 9 9
1 4 ,2 14
9 .8 9 4
obtained. The first two columns of figures give the gross L . E rie & W est. 3d w k M ch
66,211
5 5 ,6 7 2
7 3 1 ,2 6 1
6 5 0 ,7 2 2
earnings for the latest week or month, and the last two col­ L e h ig h & H u d .. F e b r u a r y .
3 1,8 25
2 6 .1 2 3
6 9 ,3 8 2
6 0 ,6 3 6
.......
L
o
n
g
Is
la
n
d
4 0 3 ,9 5 5
umns the earnings for the calendar year from January L to L o s. A u g . T erm . F e b r u a r y . 1 8 5 ,0 9 8 1 9 9 ,7 5 2
4 2 5 ,3 3 7
F ebru ary.
14,9 16
1 2 ,0 7 9
3 0 ,9 2 6
2 3 ,4 6 0
and including such latest week or month.
L o u is .E v .& S t.L 3 d w k M ch
2 6 ,9 2 3
29.521
2 7 6 ,3 5 6
3 1 2 ,5 1 6
L o u is v . & N ash v 3d w k M ob 3 5 3 .7 0 0
3 5 9 ,4 9 5 4 ,O i l , 4 37 4 ,2 4 3 ,5 5 7
Latest E arnings Reported.
L ou is. N .A .& C h 3 d w k M eh
Jan. 1 to Latest Date.
5 4 ,0 4 2
4 9 ,1 1 4
5 6 9 ,9 0 4
4 9 6 ,6 1 3
R o ad s.
L ou . S t.L .& T e x 2d w k M ch
6 ,7 7 2
8 ,3 5 0
7 2 ,1 6 4
7 0 ,5 3 5
WeekorMoi 189 4 -5 . I 1893-4.
1 89 4 -5 . 1 1893-4.
M a e o n & B ir in .. F e b r u a r y .
5 ,9 7 9
7 ,4 0 9
1 2 .4 01
1 5 .1 8 6
M a n istiq u e......... F e b r u a r y .
8 ,7 9 2
3 ,0 0 4
1
9,0
62
9 ,1 7 3
1
$
1
$
9
$
M e m p h is * Chas 2d w k M ch
2
1
,2
1
6
2
3,0
37
2
1
0
.6
0
0
2
6
3 ,8 2 2
A d ir o n d a c k .... J a n u a r y ...
14,504
13,9 73
14,504
13,9 73 {M e x ic a n C e n t .. 3 d w k M ch
1 7 0 ,9 1 7
1 5 9 ,9 7 0 2 ,0 1 9 ,3 0 3 1 ,9 0 5 ,0 3 7
▲la. M id la n d ... J a n u a r y ...
47,040
57,1 31
47.010
5 7 ,1 3 1 M e x ica n I n t e r ’l N ovem b er.
1
78
,72
8
1
65
,82
9
1
,8
7
6
,1
3
5
1
,8
3
9
,1 7 5
A lle g h e n y V a l.. F eb ru a ry
169,050
1 52,214
3 4 5 ,7 2 (
3 0 7 ,0 6 3 IM ex . N a tio n a l. 3 d w k M eh
7 5 ,9 6 6
8 4 .0 4 3
9 2 6 ,6 0 6
9 1 0 ,4 8 7
A rk . M id la n d ... J a n u a r y ...
9,023
6,671
9.023
6 .6 7 1 M e x . N o r m e r n .. J a n u a r y ...
4
2
,1
0
8
5
1
,9
5
0
4
2
,1
0
8
5 1 ,9 5 0
A to b . T. & S. F e 3 d w k Mcli
529 ,51 8
5 0 5 ,7 3 0 5,9 0 0.45 8 5 ,8 6 4 .3 2 2 {M e x ic a n R ’w a y Wk M c h 9
6 7 ,2 4 4
6 1 ,2 6 3
6 5 4 ,8 1 8
6 0 1 ,5 8 6
St. L. & S an F 3 d w k M cl
104 ,63 6
1 11 ,69 5 1,1 9 4,36 8 1 ,2 4 7 .8 9 1 M e x ica n S o ........ 1 st w k M ch
1 1 ,1 0 0
1 0 ,3 7 2
8 6 ,5 9 0
9 1 ,0 3 0
A tla n t ic & P ac 3 d w k M c l
7 4 ,7 26
7 10,226
62,381
6 3 2 .4 7 2 M iu n eap .& St.L. 3d w k M ch
3 5 ,5 5 6
3 3 .0 2 3
3 2 7 ,1 4 3
3 4 6 ,5 5 5
C ol. M id la n d .. 3 d w k M cli
3 0 ,8 08
2 8 .6 3 2
3 06,887
3 2 8 ,2 1 8 M o. K an. & T e x . 3 d w k M ch
1 9 7 ,1 5 2
1 5 4 ,1 4 3 2 ,3 8 6 ,9 3 2 1 ,8 2 3 ,2 8 0
A g g . t o t a l .. . 3 d w k M ch
7 3 9 ,6 9 0 * 7 0 8 ,4 4 3 8 ,1 1 1,94 1 8 ,0 7 2 ,‘4 03 M o .P a c .& lro n M 3 d w k M ch
3 7 4 ,1 7 3
3 9 5 ,7 0 0 4 ,3 6 6 ,3 7 3 4 ,6 0 3 ,8 7 0
A tla n ta <& W. P . J a n u a r y ...
4 1 ,0 2 5
4 9 ,0 04
41,0 15
C en tra l B r ’ch. 3 d w k M ch
4 9 ,0 0 4
1 1.127
1 6,3 90
1 1 5 ,8 9 5
1 7 9 ,2 6 7
A tla n . & D a n v .. 3 d w k M ob
11,716
1 1 ,9 1 3
1 02.077
T o t a l............. 3 d w k M cli 3 8 5 ,3 0 0 4 1 2 ,0 9 0 4 ,4 8 2 ,2 6 8 4 ,7 8 3 ,1 3 9
1 0 3 ,4 6 6
A u stin & N ’ wesi N ov em b er
2 2 ,4 98
3 1 ,0 1 9
2 3 0 ,74(
2 4 1 .6 0 2 M o b ile & B irm .. 3d w k M cli
5
.0
9
9
4 ,6 3 7
6 2 .3 9 9
6 2 ,4 8 4
B .& O .E a st Li ues F eb ru a ry 1.049,978 1 ,0 9 2,36 9 2 ,2 7 9 ,1 9 6 2 ,3 2 1 ,1 4 3 M o b ile & O h io ..
F e b r u a r y . 2 3 0 ,7 2 5
2 5 6 ,7 3 7
5 0 2 ,4 0 1
5 5 0 .5 7 8
W e stern L in es F eb ru a ry
3 8 3 ,6 1 2
3 0 5 ,5 3 8
8 52 ,82 9
6 1 7 ,9 3 3 M on t.A M e x . G if.
9 5 ,0 0 0
8 4 .2 4 5
2 0 0 ,0 0 0
1 8 6 ,1 4 7
T o t a l ............. F e b ru a ry 1 ,4 3 3,59 0 1 ,3 9 7 ,9 0 7 3 ,1 3 2 .0 2 5 2 ,9 3 9 ,0 7 6 N a sh .C h .& S t. L. F e b r u a r y .
F e b r u a r y . 3 4 0 ,8 3 2
357,511
7 2 3 ,6 3 6
7 6 9 ,2 8 6
B a l.& O . S ou’ w .. 3 d w k M ch
1 2 2 ,4 5 2
1 2 0 ,1 3 2 1 ,3 6 9 ,1 3 9 1 ,3 7 4 ,8 7 5 N eva d a C entral. J a n u a r y ...
1 ,4 5 6
2 ,8 2 7
1 ,4 5 6
2 ,8 2 7
B a th & H a m ’ lid.- J a n u a r y ...
1,6 3 5
1.635
. 1 ,7 8 8
1 .7 4 8 N. J e rs e y & N .Y . J a n u a r y ...
2
4,4
09
2
3
,3
6
5
2
4
,4
0
9
2 3 ,3 6 5
B lr. & A t l a n t i c .. F e b r u a r y .
1 ,1 1 6
1 ,8 6 2
2 ,2 1 0
3 .4 6 4 N ew O rl. AsSo’n. F e b r u a r y .
5 .1 9 5
9 ,6 5 7
1 3,7 21
1 9 .4 2 4
B r o o k ly n E le v .. 3d w k M cli
3 8 ,9 9 8
5 3 9 ,2 3 1
3 5 ,0 0 8
3 9 2 .4 9 8 N. Y . C .& H . R .. F e b r u a r y . 2 ,9 6 6 ,6 8 9 3 ,0 0 3 ,9 9 1 6 ,1 1 7 ,3 9 8 6 ,1 7 5 ,0 8 8
B ru u sw ’ k s W e s t J a n u a r y ...
4 4 ,6 14
4 8 ,4 6 3
4 4 ,6 1 4
4 8 ,4 6 3 N. Y .L . E .& W .. J a n u a r y ... 1,887,391 1 ,7 8 8,03 3 1 ,8 8 7.39 1 1 ,7 8 8 ,0 3 3
B u tf.R o ch .& P itt 3d w k M ch
5 9 ,6 2 5
5 0 ,5 2 9
59-1.838
5 7 9 ,6 9 4 N. Y . P a . & O h io. J a u u a r y ...
4 6 5 ,2 4 4 4 0 4 ,3 9 0
4 6 5 ,2 4 4
4 0 1 ,3 9 0
B u r. C .lia p .& N . 2d w k M jli
7 2 ,3 7 4
7 5 ,8 2 5
7 0 9 .5 7 9
7 5 2 ,7 2 9 N. Y . O u t. At VV.. 3d wk M cli
6 3 ,5 5 5
6 9 .7 1 2
7 0 7 ,1 9 5
6 7 4 ,5 1 8
C am den d t A t l .. J a n u a r y ...
4 4 ,0 2 1
4 0 .6 3 2
44,021
4 0 .6 3 2 N . Y .S u s q .A W .. J a n u a r y ...
2
0
o
,8
5
7
1
37
,88
7
2
0
0
,8
5
7
1 3 7 ,8 8 7
C a n a d ia n P a oiiic 3 d w k M cli
2 6 9 .0 0 0
3 1 5 .0 0 0 2 ,9 6 7 ,0 6 8 3 ,4 8 7 .0 0 7 N o rf. & S o u th ’n. J a u u a r y ...
3 5 ,4 2 6
3
6
,4
6
2
3
5
,4
2
6
3 6 ,4 6 2
C ar. M id la n d ___ F eb ru a ry .
2 ,2 0 2
5 ,0 6 7
5 ,3 2 8
9 .7 9 7 N o rfo lk & W est. 3 d w k M cli 1 9 3 .6 5 2
2
0
7
,7
4
2
2
,0
1 1 ,2 2 1
2
,0
9
5
,8
8
1
C ent, o f G eorgia J a n u a r y ...
4 2 4 ,2 5 3
5 6 3 ,8 6 5
4 2 4 ,2 5 3
5 6 3 ,8 6 5 N o rth ’n C entral F e b r u a r y . 4 4 8 .8 8 8
3 9 8 ,5 7 0
8 3 5 ,6 4 0
9 3 9 ,4 7 8
C en tra l o f N . J . . F e b r u a r y . 7 9 3 ,7 3 5
7 6 4 .6 6 1 1 ,6 4 6 ,1 6 9 1 ,6 5 8 ,7 7 4 N orth ’n P a oilio.
2 6 4 ,0 0 3 2 .7 0 2 .6 8 8 2 ,6 6 9 ,9 8 5
C entral P a cific.. N ovem b er. 1,149,338 1,1 4 6,44 3 12,106,051 13,3 40 ,4 8 6 O con ee & W est. 3 d w k M cli 2 9 9 ,7 2 4
F ebru ary.
1 ,4 7 0
3 ,1 9 5
3 ,2 8 0
6 ,1 1 4
C h arlest’ n& S av. J a n u a r y ...
5 3 ,2 4 1
6 7 ,2 4 7
53,241
6 7 ,2 4 7 O h io R iv e r ......... Sd w k M oll
1
1,9
97
1 3 .0 4 3
1 3 0 ,9 1 4
1 2 9 ,3 1 9
Char.Sum.<& N o. J a n u a r y ...
5 ,6 8 0
1 3 ,1 4 5
5 ,6 8 0
1 3 .1 45 Ohio K iv.ik Clias F e b r u a r y .
1 2 ,5 7 6
1
6
,6
8
9
2
6
,3
7
0
3
0
,6 4 8
C h era w .A D a r i.. J a n u a r y ...
7 ,0 0 7
8.421
7 ,0 0 7
8,4 2 1 Ohio S ou th ern . 3d w k M cli
15,241
8 .3 3 0
171,121
1 3 4 ,8 9 9
C hes. & O h io ___ 3 d w k M cli 1 7 4 ,5 5 6
1 7 0 ,5 5 0 1 .9 5 0 ,6 8 4 1 ,9 3 4 ,0 9 6 O m aha & St. L .. J a n u a r y ...
3
4
,3
2
1
2
1
.6
2
5
2
1
,6
2
5
3
4
,3 2 4
C h e s .O .& S o .W .. J a n u a r y ...
1 7 6 ,9 3 0
1 7 2 ,2 8 5
1 7 6 .9 3 0
1 7 2 ,2 8 5 O re g o u Im p. Co. J a n u a r y ...
2 6 2 ,5 7 6
2 8 1 ,4 5 0
2 8 1 ,4 5 0
2 6 2 ,5 7 6
C hic. B ur. & N o . F e b r u a r y . 1 3 0 .0 5 8
1 20 ,37 1
2 5 0 ,3 6 3
2 6 0 ,5 2 1 O w .F .R o u .& G .R D ecem b er.
3
.5
5
7
4
,5
0
7
C hic. B ur. & Q .. F e b ru a ry .. 2 ,0 6 0 ,5 5 0 2 ,4 2 7 ,8 9 2 4 ,3 1 5 .0 7 6 5 ,0 6 4 ,8 7 2 P e u u sy iv a u ia ...
F e b r u a r y . 4 ,4 1 9 ,6 3 4 4 ,0 0 2 ,3 2 0 9 ,0 9 7 ,9 0 5 8 ,1 6 2 ,1 4 9
C hic. & E ast. 111. 3 d w k M cli
8 2 ,2 0 2
6 9 ,2 7 4
8 3 7 ,4 0 8
7 9 4 .9 4 7 P e oria D eo.& E v 3 d w k M ch
1 6 ,2 4 5
1 5 .4 0 0
1 7 5 ,8 8 3
2 0 3 ,9 0 0
C h ica g o & E rie . J a n u a r y ...
1 8 3 ,4 6 2
1 9 2 ,8 3 2
1 8 3 .4 6 2
1 9 2 ,8 3 2 P etersbu rg......... J a n u a r y ...
3 8 .7 3 9
4 3 ,2 6 2
3 8 .7 3 9
4 3 ,2 6 2
C hic. G t. W est’l l . 3 d w k M ch
6 6 ,8 4 4
81,024
6 9 7 ,7 8 Phila. & E r i e ... J a u u a r y ...
7 6 5 .6 0 3
2
4
9
.1
6
0
2
3
4
,9
8
6
2
4
9
,1
6
0
2
3 1 .9 8 6
C hio.M il.«teSt.P. 3d w k M ch
5 0 9 ,8 5 2
5 6 8 ,4 4 7 5 ,3 4 6 ,1 8 3 5 ,9 1 4 ,4 5 2
Phila. & R ead’g . F e b r u a r y . 1 ,4 4 4 ,8 4 2 1 ,2 7 9 ,6 1 7 3 ,0 1 3 ,1 4 9 2 ,6 7 3 ,9 1 2
C h io.A N ’th w ’ n . F e b r u a r y . 1 ,8 9 2,61 8 2 ,1 8 2 ,6 8 2 3 ,8 2 7 ,1 7 8 4 ,3 5 1 ,9 9 7
C o a l& Ir. C o ... F e b r u a r y . I .
9
7
5
,2
2
6
1
,4
8
0
,0
6
9
3
,8
6
8
,1
8
4
3
,0
6
4 ,4 5 1
Ch ic. P eo. & S t. L . ¿d w k M ch
1 9 ,5 5 4
1 3 ,8 06
1 7 6 ,1 9 3
1 5 0 ,1 6 5
T o ta l b o th Cos. F e b r u a r y . 3 ,4 2 0 .0 6 8 2 ,7 5 9 ,6 8 6 6 ,6 8 1 ,3 3 3 5 ,7 3 8 .3 6 3
O h lo.R ’ k I ,« fe P .. F e b r u a r y . 1,0 1 0,52 5 1,234,787 2 ,1 3 5 ,4 1 9 2 ,5 4 7 ,2 9 3
P itts. M ar. & C h . F e b r u a r y .
3
,3
2
7
2
,5
2
7
6
,5
2
9
5 ,3 6 2
C hio.S t.P .M .& O . F e b i u a r y . 4 4 3 ,5 8 5
5 5 0 ,9 5 8
9 0 7 ,6 1 2 1 ,1 4 3 ,9 6 3 Pitt.H beu.& L .E . F e b r u a r y .
3 3 .6 8 5
6 1 ,4 8 6
5 3 ,4 2 1
2 1 ,2 4 8
C W c.& iW . M ich 3 d w k M cli
3 3 ,9 5 9
30.801
3 1 4 ,2 4 5
3 0 7 ,7 4 7 P ittsb . & W est-- 3d w k M eh
3 0 ,4 4 6
2 7 0 ,4 8 2
2 6 ,5 9 8
2 4 2 ,0 1 4
C in .G a . & P o rts . F e b r u a r y .
4 ,0 9 5
4 ,2 7 7
8 ,5 7 2
8 ,9 3 1
P itts. C l.& r o i 3d w k M ch
1 5 ,9 3 0
1 5 3 ,1 1 2
1 4 ,2 4 7
1 2 4 ,0 8 0
C in .& K e n t. Sou. J a n u a r y ...
9 05
4 12
905
412
P itts . P a. & F . 3d w k M eh
7 .3 1 6
4 .7 2 5
4 9 ,6 9 3
4 4 ,4 7 5
C iu .J a ck .& M a c. 3d w k M cli
1 0,7 61
1 1 ,3 4 0
1 2 9 ,5 1 0
1 2 9 .0 2 0
T o ta l system .. M w k M eh
5 3 .7 2 2
4
5
.5
7
0
4
7
8
,6
9
3
4
2 1 .7 0 2
C lu > N .O .& T . P . J a n u a r y ...
2 7 0 .0 0 0
2 9 7 .0 0 0
2 7 0 .0 0 0
2 9 7 .0 0 0 P itt. V o u u g .& A . F e b r u a r y .
8 1 ,3 4 0
5 4 ,5 9 6
1 5 7 .3 6 3
1 0 7 ,3 0 1
A la . G t. S ou th . J a n u a r y ...
1 2 7 ,Ouo
1 3 3 .0 0 0
1 3 3 .0 0 0
1 2 7 .0 0 0 Qsuinoy O.ifcK.C. F e b r u a r y .
16,8 81
1 5 .4 7 5
3 3 ,7 9 3
35 7 20
N . O rl. & N. E. J a n u a r y ...
1 2 2 .0 0 0
1 1 1 .0 0 0
1 2 2 .0 0 0
1 1 1 .0 0 0 R ich .F r’ ksb.A P . 1a n u a r y ...
5 4 198
5 6 .4 0 7
5 4 ,1 9 8
5 6 ,4 0 7
A la . & V iok sb. J a n u a r y ...
4 4 .0 0 0
5 4 .0 0 0
5 4 .0 0 0 R ich . & P etersb. J a u u a r y ...
4 4 ,0 0 0
2
3
.7
1
7
2
6
.8
7
4
2
3
,7
1
7
2 6 ,8 7 4
V ick s. Sh. & P. J a n u a r y ...
5 0 .0 0 0
5 1 .0 0 0
5 0 ,0 0 b
5 4 .0 0 0 R io Gr. S outh’ n 3d w k M eh
6 ,9 0 8
7 6 ,2 7 0
0 ,0 2 7
7
0 ,3 0 1
E rla n g e r Syst. J a n u a r y ...
6 1 9 ,0 0 0
6 4 3 ,0 0 0
6 1 9 ,0 0 0
6 4 3 ,0 0 0
R io G r.W e st’ n .. 3d w k M ch
3
8
,6
0
0
3
1
.4
0
0
3
7
3
8
5
3
3
5 4 ,9 7 0
Ciu. P o rts . & V . F e b r u a r y .
1 8,5 14
14,1 44
3 6 ,0 2 0
2 8 ,1 4 0 S ag .T u scoia & H . F e b ru a ry .
9 ,2 6 0
9 ,4 6 1
1 7 ,9 ¡0
1
6 ,8 1 6
C lo v .A k rou & C o. 3 d w k M ch
18,6 44
16,741
1 8 5 ,3 2 6
1 6 6 .3 8 0 Sag. Val. & St. L. Ia n u a ry ...
6 ,2 7 3
6 .1 5 1
6 ,1 5 1
6 , 2 /3
C lev . C an. & s o . . 3d w k M ch
1 2,071
8 ,2 9 0
1 0 2 ,8 3 5 S t L . A . & T . H. 2d w k M cli
1 2 8 .9 3 0
2 6 ,5 0 9
2
6
3
,7
9
1
2
7
8
,2 2 2
2
6
,5
2
0
Cl.Ci n.Ch.tfe St. L 3d w k M ch
2 5 3 ,4 6 7
2 26 ,24 9 2 ,7 6 9 ,8 5 0 2 ,5 1 9 ,4 7 4 S t L .K e n ’ et&So. February .
2 .4 5 7
2 .1 0 3
5 .1 6 1
5 .7 3 3
P e o . <fc E ast’ ll. F e b r u a r y . 1 27 ,72 1
1 1 4 ,64 3
2 6 0 ,6 8
2 2 7 ,1 5 9 St. L. South w’ rn . 3d w k M cli
8 7 .7 0 0
8
2
.4
0
0
9
6
0
.8
26
1
,0
8
8
,2
0
0
Cl. L o r.& W heel 3d w k M ch
2 2 ,0 2 5
21.6 04
2 27 ,11 4
1 9 1 ,1 0 8 S t.P a u l& D u l’ th 3d wk M ch
2 3 ,9 8 8
2 2 ,0 5 8
C ol. U , V. <&T o i. F eb ru a ry . 1 7 9 ,4 9 5
1 7 0 ,0 6 3
3 4 3 ,3 3 9
3 5 7 ,7 8 2 San A nt. <» A . P. ia u u a r c ...
1
9
4
.5
0
9
1
2
7
.0
37
1
2
7
.0
3
7
1
9
4
,5
0
9
C o l. S and’ y & 11. 3d wk M cli
1 6 ,2 5 1
7 ,8 1 2
170,101
1 4 0 ,7 7 1 S .F ra n .& N .P a o . 2d wk M cli
1 1 .6 4 5
1 0 ,7 0 9
I t 0 .0 0 3
1 1 0 ,0 4 8
C o lu sa As L a k e . F e b r u a r y .
1 ,3 0 0
1,6 1 7
2 ,3 0 0
2 ,9 1 7 Sav. A m . A M on. F e b ru a ry .
3 3 ,1 1 2
7
4
,8
6
4
3
4,557
7
2
,0
6
7
C r y s ta l................. J a u u a r y ...
640
542
6 40
5 9 2 S av .F ia . & West. (a n u a ry ...
3 1 9 ,1 2 4
3 1 9 .1 2 4
382 627
3 8 2 .6 2 7
C u m b T d V alley. J a n u a ry ...
5 8 ,6 3 3
5 5 ,5 7 0
5 8 ,6 3 3
5 5 ,5 7 0 S n er.H b rev.& S o 3d w k M ch
6
,1
8
6
7
0
.9
4
7
7
7
,2
3
7
4
.0
6
6
D e u v . & R io Gr. 3 d w k M ch
1 1 3 ,5 0 0
1 0 -,2 0 0 1 ,3 4 6 ,1 1 5 1 ,3 2 9 ,4 0 8 S ilv e rto u ............. L>eceml»iu
5 ,0 7 6
6 8 ,3 9 3
5 3 ,5 9 7
5 ,0 3 4
D e t.L a n s 'g & N o . 3d w k M ch
2 1.3 <3
2 0 ,4 3 0
2 1 7 ,8 3 0
2 0 ,034 So. P a e iü c C o .—
Dulutlia.S.dfcAtl. 2d w k M ch
3 3 ,5 0 1
2 6 ,1 4 6
31-4,816
2 5 2 ,1 6 7
G a l.H a r .* S.A N ovem ber. 4 3 6 ,4 9 4
3 70 ,71 1 3 ,8 5 0 ,3 5 5 3 ,8 8 0 .7 1 6
E lg in . J ol. & E asl F e b r u a r y .
8 3 ,6 6 7
8 9 ,9 8 0
1 64 ,55 9
1 8 4 ,15 7
L o u is’ a W est. V oveiuber.
9 3 ,8 0 6
8 9 5 .5 9 3 1 ,0 1 6 ,7 2 3
1 0 3 ,2 5 2
E u re k a S prings. D ecem b er.
9 ,2 1 5
7 ,1 7 5
7 3 ,0 1 6
7 8 ,4 0 5
M orga n ’ sL & T . N ovem ber,
7 2 3 .3 4 9
7 4 7 ,9 8 8 5 ,3 2 4 ,6 9 7 5 .0 6 3 ,3 1 1
E vans. & I n d ’ plis Id w k M ch
5,651
6 ,2 6 9
6 3 ,4 0 3
5 8 ,0 06
N .Y .T . & M e x . 'io v e m b e r.
2 4 1 ,6 5 1
2
9
,4
97
2
3 9 ,8 2 7
2
8
,6
9
5
E v a n s . & R ic h .. 3d w k M ch
2.0 6 6
2 .5 2 8
1 7 .7 7 8
1 7 ,0 8 9
T e x . & N . O r l.. 4 o v e iu b e r
155 ,99 1
1 5 1 ,4 6 4 1 .4 1 7 .6 8 9 1 ,6 1 6 ,9 3 5
E v a n s v . A T . H . 3d w k M ch
18,7 07
2 1 ,8 3 3
219,641
2 3 4 .2 1 7
A tla n tic sys.6. a n u a r y ... L.4 3 8 ,8 3 6 L,1 39 ,40 1 1 .4 3 8 ,8 3 6 1 ,1 3 9 ,4 1
F in d la y F t W & W J a n u a r y ...
5 ,4 4 8
4 ,6 5 8
5 ,4 4 8
4 ,6 5 8
P aoitio system , a n u a r y ... ^J, 1 48,082 t, 2 0 1 ,3 2 - 2 ,1 4 3 ,0 8 2 1 2 ,2 6 1 .3 .8
F it c h b u r g ........... J a n u a r y ...
5 1 3 ,3 2 8
5 1 4 ,71 2
5 1 3 ,3 2 8
5 1 4 ,7 1 2
T o t a l o f a l l . . . a n u a r y ... i ,5 8 6 ,9 1 8 1,400,729 3 .5 8 6 .9 1 8 ¿.4 0 0 ,7 2 9
F lin t As P . M arq. 3d w k M cli
5 3 ,1 5 0
5 6.6 05
4 9 6 ,3 6 6
5 6 1 ,6 2 9
S o. P a c. o f Oal 4oveiu u er.
8 30 ,57 9 ! 8 ,3 5 3 ,5 7 5 9 ,9 ’ 0 ,9 4 0
8 0 5 ,2 1 5
F ld .C n t.& P euiu 1st w k J an
5 3 .4 40
5 9 ,7 1 0
5 3 ,4 4 0
5 9 ,7 1 0
S o .P a o .o f A ria 'November. 2 0 3 ,5 2 5
1 81 ,76 3 ! 1 ,9 1 4 ,2 8 5 1 ,8 7 5 .4 4 5
F t.W . <te R io Gr. 3d w k M ch
7 ,3 2 3
4 ,7 1 8
5 4 ,1 1 7
9 5 ,4 9 6
S o .P a c .o f N.M. I4 o v e m b e r
8 4 8 .1 6 3
8 7 0 .2 7 8
8
3
.2
9
0
8 0 ,4 5 9
G a d s. & A tt. U . F e b r u a r y .
533
482
1 ,1 5 6
1 ,0 2 8 S ou th ern R y . . . id w k M ch
3
4
0
.0
>5
3 5 2 ,4 2 8 3 ,8 2 1 ,4 4 5 4 ,0 1 7 ,9 0 5
G e o r g ia R R ........ 3d w k M cli
2 8 ,4 4 2
25,437
2 8 2 ,0 7 2
3 3 0 ,0 1 0 8 .u uun i B ra u ch . . F e b ru a ry .
6 2 .0 2 6
1 3 6 ,5 1 2
1 9 4 .4 -8
9
0
2
40
G a . Car’ la & N o February .
5 5 .5 5 1
6 5,2 54
1 2 1 ,9 7 6
1 3 3 ,9 7 9
L yk eu s V alley 'February .
1 5 2 .5 9 3
1 6 8 ,8 6 2
4 2 .9 7 9
6 7 ,8 1 5
G e o . S o. <& F la . J F e b r u a r y .
5 7 .5 7 9
69.901
1 6 0 .6 1 3
1 2 8 .3 1 5
Tot’ l b o th C o’s F e b ru a ry .
3 47 0 - 1
105 005
158.* 5 5
2 4 5 .3 7 4




J

THE CHRONICLE.

558
Latest E am vngs Reportea.
BO ADS.

Weekor Mo\

1895.

Jan. 1 to Latest Bate.

1894.

1894.

1895.

9

0 4 ,1 6 3
5 5 ,7 9 7
6 4 ,1 6 3
S ta te n Isl. K . T. J a n u a r y ...
1 ,3 9 7
1 ,1 8 0
1 ,3 9 7
B ton yC l. <&(JMt.. J a n u a ry ...!
1
,5
0
5 ,5 9 2
1
0
6
,8
0
2
1
22
,70
7
d
w
k
M
ch
T e x a s & P a cific.
7 ,3 6 3
2,971
2 ,8 8 2
I s x .S .V a l& N W F e b r u a r y .
2 1 3 ,2 7 0
2 0 ,9 9 5
2 2 ,6 9 5
T oL A .A .& N o.M . 3d w k M ch
3 5 8 ,0 2 2
2 6 ,3 3 0
3 2 ,5 3 8
T o l.& O h io C en t. d w k M ch
2 1 1 ,7 87
1 7 ,9 8 4
2 0 ,0 8 8
T ol. P . & W e s t .. 3 d w k M c b
3 1 2 ,2 5 0
2 9 ,0 0 2
3 5 ,8 3 7
T o L S t ,L .& K .C . 3 d w k M ch
2 2 ,6 3 3
2
3
,8
1
4
2
2
,6
3
3
U lste r & D e l . ~ J a n u a r y ...
U n io n P a cific—
9
7 0 ,5 2 0
9
7
0
,5
2
0
1
,0
3
9
,1
1
6
U n . P a o. R R - J a n u a r y ...
3 3 0 ,4 6 0
3 4 4 ,0 1 2
3 3 ',4 6 0
O r.S .L . & U . N J a n u a r y ...
4 8 ,2 4 7
6
7
,4
4
4
4 8 ,2 4 7
S t.Jos.& G d .Is. J a n u a r y ...
6 ,4 4 6
1 1 ,5 3 8
6 ,4 1 6
K a n .C .& O m . J a n u a r y ...
1
4 4 ,6 6 3
1 7 ,6 0 0
1 4 ,9 0 0
T o t.S t.J .& G .I. 3 d w k M ch
1 1 5 ,89 5
1 6 ,3 9 0
1 1,1 27
C e n t.B r .......... a 3 d w k M ch
A ch .C o l.& P . > J a n u a r y ...
20,6 01
2 9 ,5 9 8
2 0 ,6 0 1
A c h .J .C .& W 5
2 5 ,3 7 9
2 5 ,8 9 7
2 5 ,3 7 9
M o n ta n a U n .. J a n u a r y ...
G r’ d tota l.*« J a n u a r y ... 1 ,5 1 6 ,9 3 7 1 ,7 1 2,42 1 1 ,5 1 6 ,9 3 7
5 4 8 ,9 1 9
5 1 ,2 7 0
4 9 ,1 2 3
U .P a o .D .& G 2 d w k M ch
2 2 9 ,2 3 4
2 3 ,5 9 3
2 0,1 31
F t.W ’ th & D .G 3d.w k M ch
2 2 2 ,5 2 7 2 ,4 4 3 ,7 0 7
2 3 7 ,0 7 8
W a b a sh ............... 3 d w k M ch
2 3 ,3 8 8
1
6
,8
0
6
2
3
,3
8
8
J
a
n
u
a
r
y
...
W a c o <fc N orth w
8 4,3 28
9 3 ,1 1 4
8 4 ,3 2 8
W est J e r s e y ------ J a n u a ry ..
1
3 7 ,9 7 8
7
0
,2
5
5
6
7
,8
5
9
W .V .C en .& P itts F e b r u a r y .
3 6 8 ,1 4 3
3 0 ,6 7 8
2 5 ,8 2 o
W est V a. & P itts D ecem b er,
4 o ,8 8 0
4
6
,7
5
8
4
0
,8
8
0
W estern o f A la. J a n u a ry ...
1 6 4 ,1 7 9
6 7 ,7 4 9
7 8 ,0 7 1
W est. M aryland. F e b ru a ry
5
4 0 ,0 1 7
5
6
,5
0
0
5 8 ,8 0 0
W e s t .N .Y .& P a 2 d w k M ch
2 6 6 ,6 5 0
2 3 ,7 0 7
2 2 ,4 9 1
W heel. & L. E rie 3 d w k M ch
1 0 ,8 0 4
6 ,6 2 4
4 ,8 9 6
W rig h ts v .& T e n F e b ru a ry

5 5 ,7 9 7
1 ,1 8 0
1 ,4 0 1 ,3 2 3
6 ,9 1 1
2 2 5 ,4 6 7
3 0 2 ,8 6 7
1 9 4 ,9 7 0
2 5 7 ,9 8 4
2 3 ,8 1 4
1 ,0 3 9 ,1 1 6
3 4 4 ,0 2
6 ?,44 4
1 1 ,5 3 8
2 1 9 ,5 7 0
1 7 9 ,2 6 7

[VOL, LX.

For the second week of March our final statement covers
82 roads, and shows 1 82 per cent gain ia the aggregate.
2d week of March.

9

P re v io u sly r e p ’d (69 r’ ds)
Burl. Ced. R ap . & N o rth .
C leve. C an ton & S ou th ’ n
Col. S an d u sk y & H o o k ’ g .
Duluth S o. Shore & A t l..
F lint & P e re M a rq u e tte ..
K an. © ity F t. 8 . & M em ..
Kan. C ity M em . & B ir m ..
K eoku k & W e ste rn ...........
M em phis & C h a rle sto n ..

2 9 ,5 9 8
2 5 ,8 9 7
1 ,7 1 2 ,4 2 1
5 4 0 ,9 9 5
2 4 0 ,4 6 2
2 ,4 3 3 ,3 4 1
1 6 ,8 0 6
9 3 ,1 .4
1 4 2 ,0 5 4
4 0 8 ,7 3 9
4 6 ,7 5 8
1 4 0 ,2 7 4
5 1 9 ,0 8 7
2 4 0 ,3 4 3
14.471

1894

189 5 .

St. J o s e p h & G d. I s la n d ..

8an F ra n c is co <&N o. P a c.
U n io n P a c. D en. & G u lf.
T o ta l (8 2 r o a d s ) . . . . . . .
N«t, in cr e a s e (1-32 0 . o.(.

6 .3 3 7 .1 1 2
7 2,3 74
1 1 ,2 8 9
1 3 ,4 5 0
3 3,5 01
5 1 ,7 4 9
7 9 ,8 4 8
1 7 .9 9 3
6 ,3 8 3
2 1 ,2 1 6
1 3 ,6 9 7
1L Ó 82
1 1 ,6 4 5
4 9 ,1 2 3
6 ,7 3 2 ,4 3 2

Increase.

S
6 .2 3 7 .7 4 7
7 5 ,8 2 5
9 ,3 7 8
7 ,9 3 1
2 6 ,1 4 6
6 0 ,1 0 4
8 4 ,1 2 6
1 9 ,1 4 5
7 ,6 4 5
2 3,0 37
1 3,0 43
1 8 ,3 5 3
1 0 ,7 0 9
5 1 ,2 7 0
6 ,6 4 4 ,5 0 9
............

covers 73 roads, and shows 1’44 per cent gain in the aggregate
3 cf week o f March.

9

1894.

9

A tch . T o p . & S an . F e ........
St. L ou is & S an F r .........
A tla n tic & P a ciflo .........
C o lo r a d o M id la n d —
A tla n tic <& D a n v ille ........
B a lt. & O h io S o u th w e s t.
B r o o k ly n E le v a t e d :.........
B u ffa lo R o ch . & P itts b ’ g .
C an ad ia n P a ciflo ...............
C h esap ea k e <& O h io ..........
C h ica g o & E ast. Iliin o is
C h ica g o G r e a t W este rn ..
C h ica g o M ilw . & St. P aul
C hic. & W est M ic h ig a n ...
O in. J a c k s o n & M aokinaw
G leve. A k ro n & C olu m bus
C le v e . C a n ton & 8 o u th ’ n.
C lev e. C in. C h ic. & 8 t. L . .
C lev . L ora in & W h eel’g . .
C ol. S an d ’ sky & H o ck in g .
D e n v e r & R io G r a n d e .. . .
D e t r o it L a n s’g & N o rth ’n
E v a n s v . & In d ia n a p o lis .
E v a n s v ille & R ic h m o n d .
E v a n s v . & T e rr e H a u t e ..
F lin t & P e r e M a rq u e tte .
F t. W orth & D e n v . C ity .
F t. W o rth & R io G ra n d e .
G e o r g ia .....................•■........
G ra n d R a p id s & I n d ia n a .
C in cin n a ti R . & E t. W ..
T ra v e r se C ity ............. ..
M u sk. G r. R a p . & I n d .
G r a n d T ru n k o f C a n a d a ..
In d ia n a D e c a tu r <fc W est,
t n t e r n ’ l & G t. N o rth ’ n . . .
I o w a C en tra l.......................
K a n a w h a & M ich ig a n —
y » .n - c i t y F t. S. <&M e m ..
K a n . C ity P ittsb . & G u lf.
K a n . C ity Sub. B e lt .........
L a k e E rie & W estern . . . .
L o u is v . E v a n s v . & St. L . .
L o u is v ille & N a sh v ille
L o u is . N. A lb a n y & C h ic.
M e x ic a n C e n tra l..............
M e x ica n N a tion a l...........
M in n ea p olis & St. L o u is
M o. K a n s a s & T e x a s . . . .
M o. P a ciflo & I r o n M t ----C en tra l B r a n c h ...............
M o b ile & B ir m in g h a m ...
N . V . O n ta rio & W estern
N o r fo lk & W estern ...........
N o rth e rn P a c iflo ...............
O h io R iv e r ............................
O h io S o u th e rn ...................
P e o r ia D e c . & E v a n s v .. .
P itts b u rg ¿¿ W e s te r n .......
R io G ra n d e S o u th e rn —
B io G ra n d e W e s te r n ........
8 t. J o se p h & G d. Isla n d .
St. L o u is S o u th w e s te r n ..
St. P a u l & D u lu th .............
S h erm a n S h rev e. & S o ...
S o u th e rn R a ilw a y ...........
T exas & P a c if lo ..........
T o l.A n n A rb o r & N .M ich .
T e le d o & O h io C e n t r a l...
T o le d o P e o ria & W est’n ..
T o le d o St. L. & K a n . C ...
W a b a s h ....... ; —
W h e e lin g & L a k e E r i e ...

5 2 9 ,5 1 8
1 0 4 ,6 3 6
7 4 ,7 2 6
3 0 .8 0 3
11,7 16
1 22 ,45 2
3 8 ,9 9 8
5 9 ,6 2 5
2 6 9 ,0 0 0
1 7 4 ,5 5 6
8 2,2 02
6 6 ,8 4 4
5 0 9 .8 5 2
3 3 ,9 5 9
10,761
1 8 ,6 4 4
12,071
2 5 3 ,4 6 7
2 2 ,0 2 5
16,251
1 1 3 ,5 0 0
2 1 ,3 7 3
5 ,651
2 ,0 3 6
13,7 07
53,1 50
20,1 31
7 ,3 2 3
2 8 ,4 42
4 0 ,7 1 0
7 ,8 5 4
7 44
2 ,0 0 5
3 4 0 ,1 8 0
8 ,3 6 2
7 0 ,1 1 4
2 9 ,1 2 6
6 ,8 0 6
72,6 31
9 ,8 6 7
3 ,5 1 7
6 6 ,2 1 1
2 6 ,9 2 3
3 5 3 ,7 0 0
5 4 ,0 4 2
1 70 ,91 7
7 5 ,9 6 6
3 5 .5 5 6
1 9 7 ,1 5 2
3 7 4 ,1 7 3
11,1 27
5 ,0 9 9
6 3 ,5 55
193,652
299,724
11,997
15,241
16,245
53.7 22
6,906
38,606
14.90C
87,700
23,988
6,186
3 40,095
Ì2 2 .7 0 7
22,695
32,538
20,088
3 5 ,8 3 r
237,078
2 2 ,4 9

5 0 5 ,7 3 0
1 1 1 ,6 9 5
6 2 ,3 8 6
2 8 ,6 3 2
1 1 ,9 1 3
1 2 0 ,1 3 2
3 5 ,0 0 8
5 0 ,5 2 9
3 1 5 ,0 0 0
1 70 ,55 0
69,2 74
8 1 .0 2 4
5 6 8 ,4 4 7
3 0,8 01
1 1 ,3 40
16,741
8 ,2 9 0
2 2 6 ,2 4 9
2 1 ,6 0 4
7 ,8 1 2
1 0 8 ,2 0 0
2 0 .5 3 0
6 ,2 6 9
2 ,5 2 8
21,8 33
5 6 ,6 0 5
2 3 ,5 9 3
4 ,7 1 8
2 5 ,4 3 7
3 9,1 67
7 ,8 3 4
802
2 ,1 0 0
346 ,83 1
5,991
5 6 ,2 5 3
3 5 ,7 1 2
7,6 5 1
8 6 ,6 5 2
6 ,8 4 4
3,5 3 1
5 5 ,6 7 2
2 9 ,5 2 1
3 5 9 .4 9 5
4 9 ,1 1 4
1 5 9 ,8 7 0
8 4 ,0 43
33,023
154,143
395.70C
16,396
4 ,6 3 7
6 9,7 12
2 0 7 ,7 4 2
2 6 4 ,ooa
1 3 ,04c
8,331
1 5 ,4 0 (
45,576
6,027
31,400
17,600
8 2 ,4 0 (
22,058
4,066
3 52,428
106,802
20,995
26,336
1 7 ,9 8 '
29,005
2 2 2 ,5 2
2 3 ,7 0 r

T o t a l (7 3 r o a d s )..........
N e t in c r e a s e (1 ’4 4 p. o.)

6 ,3 4 1 ,1 8

6,250,974




Increase.

Decrease.

9

9

2 3 ,7 8 3
1 2 ,3 4 0
2 ,1 7 6
2 ,3 2 0
3 ,9 9 0
9 ,0 9 6
4 ,0 0 6
12,9 28
3 ,1 5 8
...........
1 ,9 0 3
3,781
2 7,2 18
421
8 ,4 3 9
5 ,3 0 0
843

7 ,0 5 9
197

2 ,3 6 9
13,8 61
.......
3 ,0 2 3
1 0 ,5 39
....
4 ,923
1 1,0 47
....
2,5 3 3
4 3 ,0 9 9
462
.......
35,721
6,911
845
8,152
8 7£
7,206

4 6 ,0 0 0
1 4 ,1 8 0
5 8 ,5 9 5
5 79
........
........
.... ....

58
95
6 ,6 5 1
.. .. ....
6 ,5 8 b
8 45
1 4,0 21
........
14
2 ,5 9 8
5 ,7 9 5
8 ,0 7 7
2 1 ,5 2 7
5 ,2 6 3
6 ,1 5 7
1 4 ,0 9 0
Ì,04Ó
........
..............
.............
2 ,7 0 0
..............
..............
..............
1 2 ,3 3 3

5,306
1,936 1
2,12C •
............
15,905
..............
l,7 0 t 1
6 ,2 0 i 1
..............
..............
2 ,1 0 '
6,835
1 4,55 ........................
1 ,2 L6
3 3 7 ,0 1 2
9 0 ,2 0 7

1,911
5 ,1 6 9
7,3 5 5

2 0 4 .3 5 9
3 ,4 5 1
........
8 .3 5 5
4 ,2 7 8
1 ,1 5 2
1|262
1 ,8 2 1

........
........
654

5 ,2 7 1
936
........—
3 2 0 ,0 4 9
8 7 ,9 5 3

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

W E E K L Y GROSS EARNINGS.

Period and number o f
roads included.

Ohanges.Am ount.
P.
9

ct.

Ia o.
D eo.
I n c.
D eo.

2 -4 7
0-29
100
4 '0 6

9 3 ,9 3 7 D e o .
1 1 5 ,5 0 9 D eo.
1 ( 5 .2 6 3 I a o .
2 5 6 ,9 7 9 Lac.
3 3 0 ,3 4 6 D eo.
4 7 2 ,6 1 5 1)60.
55,636 I n c .
3 1 3 ,9 6 7 In c.
2 1 ,5 1 0 I a o .
8 7 ,9 5 3 la c .
9 >,207 In c.

1 -6 0

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

1- 9 3
2 34
25-38
7 -81

0-88

4 -52
033
1*32
1 -4 4

Net Earnings Monthly to Latest Dates.—The table fol­
lowing shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the C h r o n i c l e of March 23,1895. The next will appear
in the issue of April 20, 1895.

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

6 18
462
3 ,1 2 6
3 ,4 5 5
3 ,4 6 2
2 ,6 0 5
3,0 0 5
1,5 4 3
20

303 ,72 4

The following will furnish a comparison of the weekly
results for a series of weeks past.

1894.
1893.
$
$ ____
D e o .—1 st w e e k (78 r’ d s). 7 ,4 3 9 ,9 5 7 7 ,2 6 0 ,7 5 3
“
2 d w eek (7 4 r’ d s). 7 ,0 4 3 ,4 6 1 7 ,0 6 9 ,1 8 9
“
3d w e e k (79 r’ d s). 7 ,2 2 0 ,7 3 1 7 ,1 4 9 ,2 1 9
“
4 th w e e k (81 r’ d s). 8 ,8 3 5 ,8 4 0 9 ,2 0 9 ,9 0 1895.
1894.
J a n .—1 st w e e k (75 r’ d s). 5 ,7 3 3 ,3 2 2 5 ,8 2 6 .5 5 9
- F igu res g iv e n d o n o t in c lu d e O reg on R y . & JTav., Urn P a c. D e n v e r *
“
2 d w eek (73 r’ d s). 5 .8 7 3 ,6 5 0 5 ,9 8 9 ,1 5 9
G u lf, D e n v e r L e a d v ille & G u n n is o n a n d L e a v e n w o r th T o p e k a & S outh
“
3 d w e e k (76 r ’d s). 6 .3 6 5 ,0 4 7 6 ,2 1 9 ,7 7 9
w e s te rn .
_
,
_ ,,
“
4 th w e e k (83 r’ d s). 8 ,9 2 4 ,2 5 2 8<617,273
a T h ese figu res in clu d e re s u lts on le a se d lin es.
t, in c lu d e s ea rn in g s fr o m fe r r ie s , e t c ., n o t g iv e n s e p a ra te ly . J M e x i- F e b .— 1 st w e e k (* 9 r’ ds). 5 ,8 1 3 ,4 6 3 6 ,1 4 3 ,8 0 9
“
2 d w e e k (79 r’ ds). 5 ,5 7 7 ,4 4 6 6 ,0 5 0 ,0 6 1
« a n c u rre n c y . c I n o lu d e s o n ly h a lf o f Lines in w h ic h U n io n P a c iflo h a s
“
3 d w e e k ( 3 ' r’ d s). 6 ,3 5 2 ,4 4 9 6 ,2 9 6 ,8 1 3
a h a lf in te re s t.
“
4 th w eek (8 7 r ’d s). 7 ,2 6 3 ,9 9 7 6 ,9 5 0 ,0 3 0
Latest Wross Earnings by Weeks.— The latest weekly earn­ M c h —1 st w e e k (83 r ’ d s). 6 ,5 8 5 ,5 4 4 6 .5 6 4 ,0 3 4
“ - 2 d w e e k (8 i r’ d s). 6 ,7 ^ 2 ,4 6 2 6 ,6 4 4 ,5 0 9
ings m the foregoing are separately summed up as follows :
ft
3 d w e e k ( 7 3 r ’ d s). 6 ,3 4 1 ,1 8 1 6 ,2 5 0 ,9 7 4
For the third week of March our preliminary statement

1895.

Decrease.
9

9

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

Gross Earnings.1894.
1 89 5
$
Roads.
5 7 ,1 3 1
4 7 ,0 4 0
A la b a m a M id la n d ....T a n .
3 3 4 ,6 2 1
3 4 4 ,7 1 3
J u ly 1 to J an . 3 1 . . . .
1
5 2 ,2 1 4
1
6
9
,0
5
9
A lle g h e n y V a lle y ___ F eb.
3 0 7 ,0 6 3
3 4 5 ,7 2 3
J an . 1 to F eb . 2 8 . . . .
137*654
2 0 1 ,1 6 1
Br’ k ly n E le v a t e d .a .. F eb..
2 8 7 ,3 3 8
4 1 9 ,0 9 0
J an . 1 t o F e b . 2 8 . . . .
J u ly 1 to F eb . 2 3 . . . . 1 ,2 3 2 ,3 4 0 1 ,1 3 0 ,9 2 0
4 8 ,4 6 3
4 4 ,6 1 4
B ru n sw ick & W e st .J a n .
2 3 5 ,4 3 6
3 2 3 ,2 1 3
J u ly 1 t o J an . 3 1 . . . .
9 9 2 ,0 3 2 1 ,1 5 4 ,2 5 2
C anadian P a c i f l o .a ..F e b .
J a n . 1 to F e b . 2 3 ----- 2 ,1 6 3 ,0 6 8 2 ,5 4 5 ,0 0 7
7 6 4 ,6 6 1
7 9 3 ,7 3 5
Cent, o f N. J e r s e y .a ..F e b .
1 ,6 1 6 ,1 6 3 1 ,6 5 8 ,7 7 4
J an . 1 to F eb . 2 8 —
6 7 ,2 4 7
5 3 ,2 4 1
Char. <fc S a v a n n a h ...J a n .
3 2 1 ,0 9 7
3 0 7 ,4 0 2
J u ly l t o J a n . 3 1 . . . .
6
6 6 ,3 7 7
6
46,943
Ohesap. & O h i o . .a .. F eb.
J an . 1 to F e b . 2 3----- 1 ,4 2 8 ,0 5 3 1 ,4 2 2 ,4 4 7
6
,3
4 1 ,0 6 7
J u ly 1 t o F e b . 2 8 . . . . 6 ,4 3 0 ,2 2 8
1 2 0 ,3 7 1
1 3 0 ,0 5 8
C h ic.B u r. & N o r t h .b . Feb.
2 6 0 ,5 2 1
2 5 0 ,3 6 3
J a n . 1 to F eb . 2 8 —
C h ic.B u rl.& Q u in .b ..F e b . 2 ,0 6 0 ,5 5 0 2 ,4 2 7 ,3 9 2
J a n . 1 t o F eb. 2 8 . . . . 4 ,3 1 5 ,0 7 6 5 ,0 6 4 ,8 7 2
C hic. M. & St. P . a .. ..F e b . 1 ,9 2 7 ,5 2 2 2 ,1 0 6 ,7 8 6
J a n . 1 to F eb. 2 8 ----- 3 ,8 2 1 ,9 0 1 4 ,2 6 1 ,6 0 9
J u ly 1 t o F e b . 2 8 . . . . 1 8 ,6 1 6 ,9 9 1 2 1 ,9 1 1 ,2 6 4
3 6 ,3 6 2
4 4 ,2 8 5
C leve. C an ton & S o ..F e b .
7 5 ,9 1 4
9 4 ,4 3 4
J a n . 1 t o F eb . 2 8 ----4 9 5 ,1 2 4
4 7 0 ,3 9 5
J u ly 1 to F e b . 2 8 —
8 7 6 ,3 9 3
9 7 0 ,9 3 1
C lev.C in.C .& St. L . a . . Feb.
J a n . 1 to F e b . 2 8 ----- 2 ,0 2 4 ,5 4 5 ' 1 ,8 1 6 ,6 0 5
J u ly 1 t o F eb. 2 8 ----- 9 ,0 5 5 .3 6 4 8 ,9 3 3 ,3 3 5
1 1 4 ,6 4 3
1 2 7 ,7 2 1
P e o ria & E a s t 'n .a .F e b ,
2 2 7 ,1 5 9
2 6 0 ,6 7 8
J a n . 1 to F e b . 2 3 —
1 ,1 3 3 ,4 1 5 1 ,1 2 3 ,6 3 8
J u l y l t o F eb. 2 8 —
1 7 7 ,1 3 8
1 7 5 ,6 4 1
F lin t & P e re M a r .a .. . J an .
1 5 1 ,0 5 1
1 2 1 ,8 1 5
io w a C e n tra l-------- h ..F e b .
3 0 1 ,0 0 7
2 4 1 ,3 9 7
J a n . 1 to F eb. 2 8 ----1
,3
0 8 ,6 1 9
1
,0
9
9
,1
0
2
J u ly 1 t o F eb . 2 3 . . . .
3 8 1 ,1 1 5
3 3 8 ,0 5 9
K an. C. F t. S .& M .a .F e b .
7 8 4 ,8 1 9
6 9 1 ,8 0 5
J a n . 1 to F eb . 2 3 ----J u ly 1 t o F e b . 2 8 . . . . 3 ,1 0 3 ,8 2 7 3 ,3 2 0 ,6 3 5
8 3 ,4 0 1
7
2
,7
0
5
K a n .C . M em . & B .a ..F e b .
1 9 7 ,1 8 9
1 6 5 ,4 1 6
J a n . 1 to F e b . 2 3 ----7
7 5 ,7 5 7
7
2
2
,3
5
4
J u ly 1 t o F e b . 2 8 —
3 9 8 ,5 7 0
4 4 8 ,8 8 8
N orthern C e n t r a l.b .-F e b .
8 3 5 ,6 4 0
9 3 9 ,4 7 8
J a n . 1 to F e b . 2 8 ----Penn, (e a st P .& E .) .. F eb . 4 ,4 1 9 ,6 3 4 4 ,0 0 2 ,3 2 0
J a n . 1 to F eb. 2 8 . . . . 9 ,0 9 7 ,9 0 o 8 ,1 6 2 ,1 4 9
3 0 5 .8 7 7
L in e s w e s t P . & E .. .F eb .
In c.
J an . 1 t o F eb . 2 8 . . . .
I n c . 4 S i;6 4 3
P hila & R e a d in g ....... F eb. 1 ,4 4 4 ,3 4 2 1 ,2 7 9 ,6 1 7
J a n . 1 to F eb . 2 8 . . . . 3 ,0 1 3 ,1 4 9 2 ,6 7 3 ,9 1 2
D e c . 1 to F e b . 2 8 ___ 4 ,5 6 5 ,0 7 8 4 ,1 2 6 ,4 2 5
M2 6} 1__________
Coal & I r o n C o ....... F e b . 1■,9M7 5 ,2
,4 3 0 ,0 6 9
,3 6
68
8 ,1
’, 1 8
81
4 3 ,0 6 4 ,4 5 1
Jan . 1 t o F eb . 2 8 . . . . 3
3 ,3
-----------5
,3 4 3 ,7 6 2
D e c. 1 to F e b . 2 8 . . . . 5 ,4 5 6 ,4 3 9
TOS t ? i i C Feb:-28F ! b ;
D eo. 1 to F eb! 2 3 ! ...1 0 ,0 2 1 ,5 1 7

-Net Earnings .—

. 7 ,7 0 0
2 .3 9 9
4 6 ,0 6 6
3 6 ,1 6 1
5 9 ,4 6 1
5 4 ,2 8 1
1
1 5 ,2 8 4
1 1 5 ,4 3 5
4 6 ,7 5 5
9 7 ,1 2 5
9 5 ,3 4 2
2 0 6 ,1 3 5
4 0 3 ,7 4 4
5 1 9 .9 4 1
1 4 ,4 8 4
7 ,7 5 1
7 9 ,8 7 5
1 0 5 ,5 7 9
1 7 4 ,9 1 4
2 0 6 .6 2 2
5 5 7 ,5 5 9
5 5 3 ,3 4 2
1 8 3 ,5 8 1
2 2 1 ,7 0 4
4 4 5 ,5 6 7
4 6 8 ,3 3 9
2 5 ,1 6 2
1 7 ,4 9 1
5 4 ,2 7 9
5 7 ,7 4 1
2 2 6 ,3 1 3
1 6 4 ,0 0 3
4
7
5 ,7 8 5
4 1 4 ,( 3 0
2 ,1 1 5 ,1 0 3 2 ,1 8 0 ,8 8 4
2 4 ,2 0 8
3 0 ,0 1 4
5 1 ,9 4 2
3 2 ,7 4 4
8 7 4 ,8 0 3
6 0 6 ,3 8 1
1 ,3 1 6 ,1 1 7 1 ,7 7 1 ,2 2 7
5 7 4 ,8 0 7
5 9 5 ,5 9 3
1 ,2 3 5 ,0 5 3 1 ,1 8 1 ,2 6 3
6 ,5 6 9 ,1 1 5 7 ,7 5 3 ,9 1 7
107
4 ,5 5 1
1 5 ,1 7 9 d e f.1 ,1 7 3
5
8
,2
73
8 3 ,4 6 6
2 2 8 ,3 9 1
2 3 4 ,9 2 0
4 5 8 ,7 3 3
4 6 9 ,1 4 7
2 ,2 4 5 ,7 7 2 2 ,2 3 2 ,2 4 4
1 5 ,1 6 7
3 7 ,9 3 1
3 0 ,9 9 2
7 1 ,4 9 6
1 6 6 ,3 9 8
2 9 3 ,1 5 5
3 5 ,4 5 8
2 8 ,4 0 3
5 7 ,1 5 9
3 8 ,9 9 5
101,211
7 8 ,5 1 5
4 9 3 ,2 7 3
3 7 5 ,6 3 5
1 1 2 ,4 2 7
9 4 ,6 1 1
2 2 4 ,7 4 8
2 0 3 ,3 3 9
9 7 5 ,4 6 7
9 6 7 ,9 2 9
6 ,3 5 5
7 ,4 9 8
3 8 ,9 7 4
2 8 ,3 5 5
1 6 1 ,9 5 2
1 4 5 ,1 8 5
1 0 9 ,1 1 5
1 1 9 ,1 5 7
2 0 8 ,2 6 2
2 4 3 ,4 0 6
1 ,1 4 8 ,9 0 1 1 ,1 2 5 ,7 2 0
2 ,1 3 0 ,2 9 8 1 ,7 4 0 ,2 2 6
I n c . 2 5 3 ,5 1 9
In c. 5 0 4 ,8 1 5
5 4 6 ,7 3 3
4 7 3 ,6 7 3
1 ,1 7 3 ,0 2 0
9 7 8 ,5 2 1
1 ,7 7 7 ,8 8 2 1 ,7 5 3 ,7 4 9
d e f.6 3 ,1 7 7 d f.1 0 6 ,4 0 8
d f.1 5 0 ,5 4 9 d f.1 3 1 ,8 7 5
d f.3 3 7 ,9 7 7 d e f.1 4 ,4 2 1
4 8 3 ,5 5 6
3 6 7 ,2 6 5
8 4 6 ,6 4 6
5 ,7 3 8 :3 6 3 1 ,0 2 2 ,4 7 1
1
,4
3
9
,9
0
5
1
,7
4 4 ,3 2 8
9 ,7 7 0 ,1 8 7

97

THE CHRONICLE.

M a r c h 30, 1895,]

,----- Gross Earnings. ------. ,------ Net Earnings. ----1 89 5 .
1894.
1895.
1894.
$
$
$
$
S a y . F la . & W e s t ...b .J a n .
3 1 9 ,1 2 4 3 8 2 ,6 2 7
8 6 .6 0 7
1 5 0 ,5 4 5
J u ly 1 t o J a n . 3 1 . . . .
2 ,1 7 5 ,8 0 9 2 ,1 3 5 ,8 3 6
6 2 2 ,1 3 9
7 2 6 ,1 3 8
W a b a sh , b .....................F e b .
8 4 4 .5 2 9 8 6 2 ,4 * 5
1 7 5 ,0 2 8
165.040
3 7 1 ,5 2 7
3 2 0 ,5 1 3
J a n . 1 t o F eb . 2 8 ___ 1 ,7 5 0 ,5 2 6 1 ,7 6 7 ,6 4 3
J u ly 1 to F eb. 2 8 . . . .
8 ,0 3 7 ,3 5 2 8 ,9 8 3 ,7 4 3 2 ,0 4 8 ,9 8 1 1 ,9 8 5 ,4 3 7
W estern M a r y la n d ...F e b .
7 « ,0 7 1
6 7 ,7 4 9
1 3 ,4 0 2
1 5 ,2 6 0
J a n . 1 t o F e b 2 8 ___
1 6 4 .1 7 9
1 4 0 ,2 7 4
4 2 ,0 6 6
2 7 ,1 1 6
O ot. 1 to F eb . 2 8 . . .
4 7 3 ,7 2 7 4 0 4 ,5 4 1
1 5 1 ,2 1 5
9 7 ,8 2 5
W h ite b r’s t F u e l C o ...F e b ..............................................
1 0 ,0 0 6
6 ,3 7 1
1 8 ,0 0 2
1 6 ,1 6 8
J a n . 1 t o F eb . 2 8 ....................................................
J u ly 1 t o F e b . 2 8 ....................................................
5 0 ,4 4 1
9 8 ,9 5 4

Hoads

a N e t ea rn in g s h e r e g ly e n a re a fte r d e d u c t in g t a x e s ,
b N e t ea rn in g s h e re g iv e n a re b e fo r e d e d u c t in g t a x e s .

Interest Charges and Surplus.— The following roads, >xt
addition to their gross and net earnings given in the foregoing,
also report charges for interest, & c., with the surplus or defici
above or below those charges.
•Inter’ !, rentals, Ac.—, r-BaJl. o f Net Earns. 1895.
Roads.
$
C h io .B u rl. & Q u in cy ..F e b .
8 1 5 ,0 0 0
J a n . 1 to F eb . 2 8 ___ 1 ,6 3 0 ,0 0 0
tìlev . C in. Ch. & St. L . . Feb.
2 3 4 ,2 7 9
J u ly 1 t o F eb . 2 8 ___ 1 ,8 8 9 ,3 7 3
P e o r ia & E a s te r n ...F e b .
3 6 ,8 0 2
J u ly 1 t o F eb . 2 8 ___
2 9 4 ,4 1 3
F lin t & P e re M a r q ... Jan.
5 1 ,1 1 0
K a n . C. F t. S. & M .. . . F eb.
1 0 9 ,4 2 1
J u ly 1 t o Feb. 2 8 ___
8 8 8 ,6 1 0
K a n . O. M em . & B ir .,F e b .
11.2 28
J u ly 1 t o F eb . 2 8 . . . .
8 9 ,8 3 0

1 89 4 .
$
7 9 7 ,2 4 8
1 ,5 9 4 ,4 9 6
2 2 7 ,2 6 1
1 ,8 1 6 ,8 0 8
3 6 ,8 0 2
2.34,413
5 2 ,0 1 1
1 1 1 ,8 4 6
9 1 2 ,1 2 3
3 9 ,9 6 9
3 1 8 ,0 3 0

1895.
*
d f. 2 0 8 .6 1 9
d f. 3 1 3 ,8 8 3
641
3 5 6 ,3 9 9
1 .1 2 9
d e f.1 ,2 5 8
d ef. 2 2 ,7 0 7
d e f. 1 4 ,8 1 0
7 9 ,3 1 9
d e f.3 ,7 3 0
5 5 ,3 5 5

1 89 4

fa , 555
1 7 « , 731
1 ,1 3 0
4 1 5 ,4 3 6
d e f.2 1 ,6 3 5
d f. 1 2 8 .0 1 5
d e f. 16,5 53
5S1
6 3 ,3 4 4
d e f.3 3 ,6 1 4
d f. 1 56 ,07 8

559

of the Trustee, available for the payment of land obligations
as they mature, and the purchase of additional coal lands.
Heretofore the joint 6 per cent general mortgage bonds have
been taken into tbe accounts only as sold, but inasmuch as the
382 now remaining unsold are in the Treasury, it has been con­
sidered best to show them on the books as an asset, with a cor­
responding increase in liabilities.
Statistics.— The operations, earnings and expenses, income
account, etc., are shown below.
OPERATIONS.

1894.
1 89 3 .
1892.
1891.
P a sse n g e rs c a r r ie d .
8 3 2 ,4 1 9
9 9 5 ,7 5 0
9 9 0 ,8 4 5
867 226
P a sse n g e rs ca r. 1 m . 1 9 ,1 4 2 ,4 4 6 2 2 ,6 7 1 ,9 3 0 2 2 ,5 8 0 ,9 1 3 2 0 5 7 7 218
R a te p e r p a ss. p e r m .
2*22 cts .
2*36 ots.
2-35 cts.
2 4o’ cts
F r V h t (ton s) m o v e d .
3 ,2 0 4 ,9 9 7
3 ,5 3 2 ,4 7 6
3 ,5 6 4 ,9 5 2
3 464 577
F r’ g h t (tons) 1 m il e .3 5 4 ,4 9 5 ,5 8 3 4 3 1 ,3 4 7 ,3 4 1 4 3 3 .9 2 7 ,3 9 0 4 0 7 .5 0 5 8 4 7
R a te p e r to n p e r m ..
0*607 ots.
0 * t0 4 o ts.
0*619 ots.
0 * 6 l9 e t s *
EARNINGS AND EXPENSES.

1894.
$
4 2 4 ,7 6 3
2 ,1 5 2 ,3 3 5
1 1 1 ,6 0 0

1893.
«
5 3 3 ,9 4 6
2 ,6 0 5 ,6 7 3
l c 0 ,7 4 3

1892.
$
5 3 0 ,7 1 8
2 ,6 8 4 ,0 8 4
1 5 7 ,7 8 3

1891.
$
4 9 4 ,0 1 6
2 ,6 4 2 ,8 9 8
1 5 7 ,0 1 1

T o t a l ....................
Expenses —
C o n d u ct’ g t r a n s p ...
M aint. o f e q u i p 't .. .
M ain, o f w a y , & e..,V
G e n e ra l........................
T a x e s ............................

2 ,6 8 8 ,6 9 8

3 ,2 7 0 ,3 6 2

3 ,3 7 2 ,5 8 5

3 ,2 9 3 ,9 2 5

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

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

8 6 4 ,9 2 1
44*-,541
2 9 8 ,2 6 3
1 9 3 ,3 9 4
8 5 ,3 1 6

942 ,23 0 3 6 9 ,5 3 0
2 8 2 ,0 7 3
171,4268 2 ,7 3 9

T o ta l e x p e n se s ..
N et e a r n in g s .. . . . . .
P e r c .o f e x p .t o e a rn

1 ,5 3 8 ,8 9 6
1 ,1 4 9 ,8 0 2
57*20

1 .9 0 1 ,4 3 2
l ,3 6 3 ,y 3 0
58*14

1 ,8 9 0 ,4 4 4
1 ,1 8 2 ,1 4 1
56*05

1 ,8 4 7 ,9 9 8
1 ,4 4 5 ,9 2 7
56*10

E arnings —
P a ss e n g e rs.................
F r e i g h t .......................
M a il, e x p r e s s , e tc.* .

* In clu d e s o a r m ile a g e a n d m isce lla n e o u s.

ANNUAL

Columbus H ocking T alley & Toledo R ailw ay.

(R eport fo r the year ending Dec. 31,1894.)
President C. C. Waite, in hi3 annual report, makes in part
the following statements:
General Results.— W hile earnings ceclined 17*78 per cent,
the operating expenses were reduced 20 23 per cent, and the
ratio of operating expenses to earnings was lowered from
55*37 in 1893 to 53 66 in 1894. The reduction of freight earn­
ings was almost wholly accounted for in the decrease of coal,
cement, brick and lumber moved, which is partially compen­
sated for in the increased tonnage of upper-class freights,
oils, live-stock, coke and ore.
The failure to maintain the established price of mining by
the operators in competing fields, restricted the market for
our coal, causing a loss of business ana traffic in the early
spring. This was followed by the general strike of all miners
in the bituminous fields, except West-Virginia, resulting in a
total cessation of mining from April 21 to June 18. Succeed­
ing this was the American Railway Union strike of employees
upon nearly all of the Western railroads, reducing traffic and
producing a partial suspension of business on your lines from
June 28 to July 18, affecting earnings and expenses to an un­
usual extent. To this was added the continued industrial de­
pression throughout the country for the entire year.
It is a matter of congratulation that, under these circum­
stances, the condition of your property has been fully main­
tained, and during this period earned its operating expenses,
all fixed charges and rentals, and after paying 5 per cent divi­
dend on the preferred stcck has a surplus remaining, leaving
encouragement for future improvements under the bettering
conditions anticipated.
Maintenance .—During the year three standard Mogul
freight engines were purchased and charged to maintenance,
and the balance received extensive repairs and are in im ­
proved condition. One hundred side dump cars of thirty tons
capacity, equipped with air brakes and automatic couplers,
are under contract for immediate delivery. W hile the num­
ber of cars charged to maintenance is not equal to the num­
ber destroyed within the year, their increased capacity and
improved condition largely compensates for the decreased
number, which has been fully equal to the demands of the
past year.
By reason of the unusually large renewal of
ties during the years 1892 and 1893 the requirements of the
past year were below the normal, and a larger proportion of
the labor was expended upon track and roadway, which show
continued improvement. .
Car Trust and Land Bonds.— Of the $1,750,000 of ten-year
car trust bonds authorized at the last annual meeting, the
board of directors offered for sale $1,400,000 to provide for
the purchase of the car trust lease warrants then outstanding,
the remaining $350,000 to be retained by the trustee for tbe
purpose of providing for the purchase of additional equip­
ment. O f the 1,400 car trust bonds offered, 1,084 were sold
during the year 1894. Since the close of the year this trans­
action has been completed ; all lease warrants have been
taken up and canceled, leaving a surplus balance. Under
the sinking fund provision of the car trust mortgage, 102
bonds were purchased and canceled in 1894, being forty-two
bonds in excess of the requirements indicated by the agree­
ment.
Of the land bonds for $1,500,000, guaranteed according to the
plan outlined in the last annual report, 905 have been sold,
and the proceeds applied in accordance with the provisions of
the mortgage'. The balance of the bonds remains in the hands




INCOME ACCOUNT.

R E P O R T S.
N et e a r n i n g s ............
O th e r in c o m e ............

1 89 4 .
$
1 ,1 4 9 ,8 0 2
I0 ,u 0 0

189 3 .
$
1 ,3 6 8 ,9 3 0
1 0 ,0 0 0

189 2 .
$
1 ,4 8 2 ,1 4 1
1 0 ,0 0 0

189 1 .
$
1 ,4 4 5 .9 2 7
1 0 ,0 0 0

T o t a l.....................

1 ,1 5 9 ,8 0 2

1 ,3 7 8 ,9 3 0

1 ,4 9 2 ,1 4 1

1 ,4 5 5 ,9 2 7

Deduct -

In t. o n fu n d e d d eb t.
9 2 3 ,0 3 0
9 2 3 ,0 3 0
9 2 3 ,0 3 0 )
I n t.,& c ,on ca r tr’sts
9 2 ,5 7 3
6 0 ,8 0 9
5 1 ,3 2 7 S 1 ,0 3 8 ,2 7 0
O th e r in te r e s t........ .
9 ,8 6 3
6 ,4 5 6
4 ,4 5 5 )
R e n ta l t o P enn . C o..
2 5 .7 6 5
2 5 ,6 4 6
2 6 ,8 0 4
2 4 ,5 2 5
D iv id . o n p fd . s to c k . (5 # )1 0 0 ,0 0 0 (5 2 )1 0 0 ,0 0 0 (2 ^ 2 )5 0 ,0 0 0
T o t a l ...... ..............
B a la n c e .......................
C o n s tr’n , eq u ip .,& o .

1 ,1 5 1 ,2 3 1
8 ,5 7 2

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

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

1 ,0 6 2 ,7 9 5
3 9 ’ ,1 3 2
2 * 9 ,5 5 7

S u rp lu s f o r y e a r ..

8 ,5 7 2

1,475

1 4 ,6 2 4

1 0 3 ,5 7 5

GENERAL BALANCE SHEET DECEMBER 31.
1894.
C o n stru ctio n , & c ......................... $ 1 6 ,6 1 2 ,5 6 4
8 h o p -to o ls a n d m a c h in e r y ........
6 7 ,5 3 0
R o a d to o ls a n d m a c h in e r y ___
1 6 , 6 13
E q u ip m e n t ...................
5 ,4 7 3 ,8 5 9
E q u ip m e n t u n d e r c a r t r u s t s ...
..............
E q u ip , ch a r g e d to m ain ten . . .
4 0 7 ,5 7 4
C ar t r u s t b o n d s h e ld f o r p u r ­
ch ase o f n e w e q u ip m e n t. . . .
3 5 0 ,0 0 0
A d v a n ce s to H o c k . O. & R R . . .
4 7 3 ,8 7 6
66,507
S u p p lie s o n h a n d ..........................
S tock s and b o n d s ............. ’ .........
8 ,C 0 4 ,0 0 0
B ills r e c e iv a b le ........... ......... ........
..........
H ue fr o m a g e n ts .........................
6 8 ,2 5 8
D u e f i om r a ilr o a d s ......................
5 4 ,3 5 4
D u e f r o m o th e r >o c o u n t s ........
1 2 0 ,1 c 4
A d v a n c e s to la n d t r u s t e e ... . . .
............
P re fe rre d s to c k in t r e a s u r y ...
5 0 0 ,0 0 0
B o n d s in tre a s u ry ......................
3 8 2 ,0 0 0
Gash on h a i d .................................
1 8 7 ,5 7 7
D e p o s ite d w ith A t. T r u s t C o ...
2 6 0 ,0 0 0
D e p o s it in N . Y . f o r c o u p o n s ..
3 6 ,3 8 8
P ro fit a n d l o s s . . ............................

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

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

1 UQ9
$ 1 6 ,4 6 9 ,3 0 9
6 3 ,7 8 9
1 6 .6 1 2
5 ,0 0 8 ,6 1 4
4 5 7 ,5 4 2

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

8 1 ,4 4 5

2 3 6 ,9 1 2

$ 3 2 ,6 0 4 ,1 6 5

$ 3 1 ,0 6 8 ,0 2 9

C ap ital s to c k - c o m m o n . . . . . . $ 1 1 ,6 9 6 ,3 0 0 $ 1 1 ,6 9 6 ,3 0 0
C ap ita l s to c k —p r e fe r r e d
2.5OO.000
2 ,5 0 0 ,0 0 0
B o n d e d d en t (see I n v e s t . S u p .) 1 6 ,0 8 5 ,0 0 0
1 5 ,7 0 3 ,0 0 0
B ills p a y a b l e ............... ..............
4 1 4 ,7 0 0
716 825
E x t e n d e d c a r t r u s t n o t e s .........
1 6 2 ,2 9 6
C ar trusr n o t e s ................. .
8 4 1 ,8 3 6
C ar tru s t b o n d s. ..........................
1 ,6 4 8 ,0 0 0
A c o r u e d in te re s t on b o n d s .......
2 7 1 ,3 3 7
2 7 1 ,3 3 7
D u e H o c k in g C o a l& R R . C o ...
4 2 3 ,4 2 8
D u e o n o t h e r a cco u n ts.
1 6 4 ,4 4 4
1 * 9 ,8 6 8
P r o fit a n d lo s s ................. .
3 2 1 ,4 7 2
9 9 ,2 7 3

$ 1 1 .6 9 6 ,3 0 0
2,00«»,0i»0
1 5 ,7 u 3 ,0 0 9
3 2 4 ,7 6 0

T o t a l ...........
— V. 6 0 , p. 522 .

$ 3 1 ,0 6 8 ,0 2 3

T o t a l . . . . ....................................... .* 3 3 ,1 0 1 ,2 5 4

Liabilities.

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

1 63,715-

$ 3 2 ,6 0 4 ,1 6 5

220,200
457,542*
2 7 1 ,3 3 7
3 0 5 ,9 0 6
8 9 ,0 3 2

Lake Erie & W estern R ailroad.

( Report fo r the year ending December 31, 1894.)
The reports of Hon. Calvin S. Brice, President, and of Mr.
Geo. L. Bradbury, General Manager, with detailed statements
of the income account and general balance sheets, are given on
subsequent pages of to-day’s C h r o n i c l e .
For purposes of comparison the statements below have been
compiled :
OPERATIONS AND FISCAL RESULTS.

M iles e p e r. D e o . 31V.

Operations—

1894.
725

1893.
725

1 89 2 .
725

1891.
725

P a s s e n g e is ca r r ie d . 1 ,2 5 6 ,2 3 7
1 ,4 0 4 ,6 8 5 ' 1 ,5 4 4 ,5 4 4
1 ,3 7 3 ,8 1 5
P a ss e n g e r m ile a g e .. 3 2 ,8 7 7 ,0 7 9 39,* 0 9 ,5 0 0 3 9 ,2 7 0 ,8 7 8 35 , 234,283
R a te p e r pa ss. p .m ..
2*46 cts.
2*3 ; o ts.
2*37 cts.
2*43 c t s .
F r’ ghc (tons) m o v e d . 2 ,1 1 6 ,3 8 9
l,8 8 9 ,4 t l
2 ,0 3 1 ,8 5 3
1 ,8 7 1 ,1 7 2
F r ’gh t (tons) m il’g e . 3 3 1 ,4 3 7 ,5 2 7 3 0 1 ,7 6 2 ,0 8 5 2 9 9 ,0 4 1 ,9 4 9 2 7 2 , » 8 5 ,1 4 0
A v . ra te p: to n p . m . 0*631 c ts .
0*704 ots.
0*729 o is.
0*750 c ts .
E arn ings—
$
$
$
$
P a s s e n g e r...................
8 2 3 ,1 2 3
9 4 6 ,2 1 8
9 6 3 ,6 1 1
8 8 6 ,7 7 8
F r e i g h t ......................
2 ,0 9 2 ,9 0 3
2 ,1 2 3 ,4 7 4
2 ,1 7 9 ,5 8 7 2 ,0 4 1 ,5 7 9
M ail, e x p r e s s , & o . . .
4 2 9 ,3 1 7
4 4 2 .9 2 9
4 1 5 ,2 8 4
3 4 4 ,9 9 8
T o ta l e a r n i n g s ....

3 ,3 4 5 ,4 0 3

3 ,5 1 2 ,6 2 1

3 ,5 5 8 ,4 8 2

3 , 273 , 305 -

THE CHRONICLE

560
1804.
35
2 9 8 ,2 4 2
2 3 4 ,6 2 3
1 ,0 7 4 ,1 4 9

1893.
$
3 8 8 .3 9 4
2 9 3 ,9 '3
1 ,1 5 9 ,8 9 7

1892.
$
. 3 2 4 ,8 4 2
/ 2 9 9 ,0 7 0
1 ,1 3 3 ,4 0 3

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

4 3 6 ,4 3 2

4 1 2 .0 2 6

3 7 8 ,8 3 5

3 1 0 ,3 0 3

T o t a l.........................
N e t e a r n in g s .............

2 ,0 9 3 ,5 0 1
1 ,2 5 1 ,9 0 2

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

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

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

N et ea rn in g s— . . . . .

1894.
jC
1 ,2 5 1 ,9 9 2

189 3 .
$
1 ,2 5 3 ;3 3 1

1892.
$
1 ,4 2 0 ,3 2 7

1391.
$
1 ,2 9 2 ,8 2 9

4 5 5 ,3 3 3
5 9 2 ,0 0 0
(5 p. c.)

4 4 4 .9 7 2
5 9 2 ,0 0 0
(5 p. e.)

4 3 4 ,6 6 7
5 9 2 .0 0 0
(5 p . c.)

8 6 3 .7 7 1
4 7 3 ,6 0 )
(4 p. C )

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

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

1 ,0 2 6 ,6 6 7
3 9 3 .6 6 0

8 3 7 ,3 7 1
4 5 5 ,4 5 8

Operating expenses —
M a in ten a n ce o f w a y
C a r s & m o tiv e p o w e r
T r a o s p 't ’ n e x p e n s e s
Q en era l, re n ta l o f
T ra ck s , ta x e s, & c.

INCOME ACCOUNT.

Deduct—

I n te re s t on b o n d s ...
D iv . on p re f. stu ck .
B a te o f d i v i d e n d ....
T o t a l.....................
S u rp lu s.......................

* F rom tb is su rp lu s th ere w a s p a id f o r b ette rm e n ts an d e q u ip m e n t
$ 1 4 3 ,5 9 3 , an d th e In d ia n a p olis N a tion a l B ank loss 3533,3 3 2 . T he b al­
a n ce i o su rp lu s o f in co m e a c c o u n t D e c. 3 1 ,1 8 9 4 , w a s $ 9 9 3 ,0 4 0 .
BALANCE SHEET DECEMBER 31.

189 2 .
189 3 .
1894.
$
$
$
3
2
,9
7 2 ,5 8 2
3
3
,2
7
2
.5
8
2
R o a d a n d e q u ip m e n t.. ........ ....3 3 ,5 7 2 ,5 8 2
5 9 ,1 3 1
E q u ip m e n t a a d Im p rov em ’ t a o o t ..
.............
9 7,412
1 4 5 ,2 1 6
M a terials on h a n d ...........................
6 l , 74 3
2 0 7 ,3 7 6
2 0 7 ,3 7 6
S to ck s a n d b o n d s o w n e d ................... * 1 ,7 3 2 .3 7 6
1 4.7 47
2
0
,5
9
2
2 0 ,7 5 0
T a x e s ........................
1 23 ,77 3
155 .59 3
D u e fr o m a gen ts and r a i l r o a d s ....
1 21 .85 9
4
8,0 03
4
3
,6
3
0
A c c o u n ts r e c e iv a b le ..................
1 22 ,85 9
7 5 ,7 7 5
B ills r e c e iv a b le ............. ........... ............
1 7 2 ,6 1 5
4
9
,4
7
0
lu d . N a tion a l B a n k ................. ............................ .
1 ,3 0 7
3 ,3 0 7
M is ce lla n e o u s .........................................
2 .7 1 3
526,712
4 2 5 ,2 2 3
C a s h . ......................................
5 8 7 ,9 9 0

Assets —

T o t a l a ssets......................................3 6 ,3 9 8 ,5 1 7

3 4 ,4 6 2 ,9 5 2

3 3 ,9 9 7 ,0 0 7

Liabilities —

C apital s t o c k ..........................
2 3 ,6 8 0 ,0 0 0 2 3 ,6 8 0 .0 0 0 2 3 ,6 8 0 ,0 0 0
8 ,7 5 0 ,0 0 0
9 ,0 5 0 ,0 0 0
B o n d e d d e b t (see I n v e s t o r s ’ 8 r .) 10,8 75,000
P ro c e e d s o f 2d m o rt. b o n d s s o ld ..
2 9 2 ,5 0 0
2 1 9 ,8 5 0
2 2 7 ,1 0 8
A c c r u e d I n te r e s t....... .........................
2 3 0 ,9 5 3
1 18 ,47 8
115 ,77 3
A c c o u n ts p a y a b le .................. .............
7 8 ,8 5 4
1 7 5 ,0 0 0
B ills p a y a b le .........................................
.............
10
2.34H
9
0,2
32
U n p a id w a g ^ s .......... ....... *,.........—
9 0 ,0 3 9
9 ,9 3 7
E q n io , a n d im p r o v e m e n t a c o o u n t.......................
1
4
8
,0 0 0
1
4
8
,0
0
0
D iv id e n d s p a y a b le ............... . . ......... ..
1 4 8 .0 0 0
1 1,8 40
5,894
1 0 .0 75
M is ce lla n e o u s ........................................
9
5
6
,5 0 6
9
7
0
,8
9
7
A ssets o v e r lia b ilit ie s .........................
9 9 3 ,0 4 0
T o ta l l i a b i l it i e s ..... ....................3 6 ,3 9 8 ,5 1 7

3 4 ,4 8 2 .9 5 2

3 3 ,9 9 7 ,0 0 7

* O f th is a m ou n t $ 1 ,5 2 5 ,0 0 0 is s e c o n d m o r tg a g e b o n d s in tre a su ry .
—V . 6 0 , p . 4 32 .

Mexican Telegraph Company.

Am erican B ell Telephone.

{R eport fo r the year ending Dee. 31, 1894J
The annual report is not ready for distribution, b it accord­
ing to the newspaper accounts of the annual meetiag, it con­
tains the following:
Taking into consideration the facts that general busi­
ness throughout the country had not recovered its usual
activity and that the growth of the telephone business
must be in great measure dependent upon the pros­
perity of commercial and manufacturing interests, the
results have been on the whole satisfactory. The gain in
the output of telephones for the. year 1894 was 16,015, as
against 13,771 in 1893. In this comparison attention should
be called to the fact that in the months of January and Feb­
ruary, 1894, the returns exceeded the output by 3,473, so that
the actual growth in number of telephones during the remain­
ing ten months of the year would be little short of 20,000 in­
struments.
Not including the cost of current repairs and renewals, the
companies operating under our licenses have expended dur­
ing 1894, upon extensions of lines and apparatus, $4.138,000,
and for buildings to accommodate their exchanges $411,000,
making, with the amount reported last year, a total invest­
ment in telephone property in the United States of $77,500,000.
The principal long-distance construction of the year was the
line from Pittsburg to Chicago, via Indianapolis, and a line
between Erie, Pa., and Norwalk, Ohio. Total lines Dec. 31,
1894, were 4,617 miles of pole line and cables and 75,553 miles
of wire. The metallic circuit system has grown rapidly in
favor, and at the close of the year the stations^ of 54,680 ex ­
change subscribers were furnished with the equipment, for thi3
improved class of service, a gain during the year of 17,033.
The steadily increasing use which subscribers make of the
ex ;hange service continues to be a noticeable feature of the
statistics furnished by the operating companies. Oa the aver­
age each subscriber threughout the country now uses hi3
telephone, upon calls made and received, seventeen times per
day. The greater demand thus made upon the exchange
system of necessity involves a corresponding increase in the
cost of rendering service, and a larger investment per station
for central office apparatus and trunk lines. Comparing the
latest statistics with those of six years ago. we find the total
number of subscribers has increased by 42 per cent. W ithin
the same time the average daily use of the exchange service
by each subscriber has increased 40 per cent, and the number
of employees engaged upon exchange work 76 per cent.
The comparative statistics from the reports of four years
show as fo llow s:

( Report for the year ending December SI, 1894.J
The report of President James A . Scrymser contains the
Treasurer’s balance sheet for the year ending December 31,
1894, and also the estimate for the quarter ending March 31,
1895. It is estimated that the surplus earniDgs for the quarter,
after providing for the payment of the usual dividend of 2J^
per cent, will be $20,926 as appears from the following :
3 Months
Gross
to Mar. 3 1 .. earn'gs.
1 8 9 5 ..........$ 7 8 ,7 5 0

Net
earn’gs.

Other
income.

A pril
dividend

$ 6 2 ,2 5 0

$ 6 ,4 9 1

$ 4 7 ,8 1 5

Balance
su plus.
$ 2 0 ,9 2 6

The balance sheet Dec. 31,1894, is as follows:
Assets

Liabilities.

P la n t, in c lu d ’ g im p r ’ t s .$ l ,8 5 5 ,l 6 4 C ap ita l s t o c k ..... ..$ 2 ,0 0 0 ,0 0 3
C a s h ............................
1 9 6 ,0 5 1 E a r n in g s in v e s te d in
im n s. to p l a n t ............
3 1 ,6 5 4
C en. & S o. A m . T el. C o.,
2 ,1 2 5 sh a res, c o s t ___
1 7 6 ,48G P ro fit fr o m sales o f
tre a su ry sloes:.
3 8 ,4 9 3
C on stru ction
ce r tifi­
7 4 ,4 7 0
ca te s, $ 7 8 ,9 0 0 , c o s t ..
7 4 .9 0 0 O pen a c c o u n ts .............. .
R a ilro a d b o n d s, 1 st c o s t
2 6 ,8 0 6 Sur. r e v ., D eo. 3 1 , ’ 9 4 .. 4 3 5 ,9 7 7
T rea s. s to c k , 8 7 4 sh a res
8 7 ,4 0 0
O p en a c c o u n t s ...........
1 6 3 ,7 8 7
T o t a l . . . ...................... $ 2 ,5 8 0 ,5 9 4

T o t a l................................ $ 2 ,5 8 0 ,5 9 4

Central & South American Telegraph Company.
(Report fo r the year ending Dee. 31, 1894.)
The report of President James A . Scrymser says:
I t is es tim a ted th a t th e su rp lu s e a rn in g s fo r t h e q u a rte r, a fte r th e
p a y m e n t o f the u su a l d iv id e n d o f o n e a n d th ree q u a rte rs p e r c e n t
A p r il 9 , w ill b e $ 5 5 ,7 7 0 . T h e n e t re c e ip ts o f y o u r co m n a n y fo r th e
y e a r 1894 w e r e $ 5 5 6 ,1 9 3 . T h is su m , it w ill b e o b s e r v e d , w o u ld h a v e
b e e n su fficien t to h a v e p a id s ev en p e r c e n t o n th e o u ts ta n d in g sh a re
ca p ita l, $ 6 .3 0 8 ,0 0 0 , a n d a lso o n $ l ,4 1 7 ,6 0 0 - d u p l ie a t e c a b le certittca te s —ha d th e y been c o n v e r t e d Into s to c k , a n d y e t le ft a su rp lu s o f
$ 1 5 ,4 7 1 . I t is es tim a ted th a t th e re c e ip ts fo r th e o u rre n t q u a rte r w ill
e x c e e d th o s e o f ib e co r r e s p o n d in g q u a rte r o f 1 8 9 4 a b o u t $ 2 3 ,0 <j0 .
T h a t y o u r c o m p a n y sh ou ld s h o w so e n c o u r a g io g an in o te a s e o f e a rn ­
iDgs g iv e s e v e t y rea son to e x p e c t th a t y o u r tra ffic w ill c o n tin u e to im
p r o v e aDd t h a t b y the d a te tn e c o n s t r u c tio n c e r t flo a t e s a re c o n v e r t
tb le . In M a v, 1 8 9 6 , th e p ro fits w ill b e s u fficien t t o p a y s e v e n p e r c e n t
o n th e w h o le ca p ita l s to c k , a n d (o c a r r y fo r w a r d a s a t is fa c t o r y s u m
q u a rte rly to th e a ccu m u la te d su rp lu s.

The balance sheet Deo. 31,1894, is ^s follow s:
Assets*

Liabilities.

P la n t, in clu d im p r o v ’ ts.$ 5 ,9 4 0 ,4 9 4
C ab le d u p l i c a t i o n .......... 1 ,3 5 2 ,2 5 6
8 9 ,2 5 2
S p a re c a b l e ..............
A r g e n tin e e x t e n s io n to
D eo! 3 1 . . . . . . . . . . ........
7 5 5 ,2 6 3
C ash in b a n k ..........- .........
1 8 1 ,9 6 5
I n c r e a s e d s to c k , a t par.
6 4 ,4 0 0
C ab le d u p l.c e r is .a t p a r.
1 4 .9 0 0
RR. b o n d s . 1 st M.. c o s t .
5 7 ,8 6 1
T re a s u ry s to c k , o rig in a l
iss u e , a t p a r ........ .
O p e n a c c o u n t s .................
173 , 90 *

C ap ita l s t o c k ........ $ 6 ,5 0 0 ,0 0 0
D u p l. c a b le c o n s tru o t’ n
c e r t i f i c a t e s ..........
1 ,4 1 7 ,6 0 0
E a rn in g s in v e s t e d in
i m p r o v e m e n t s . ... ... .
1 3 2 ,4 3 4
P r o fit fr o m co n tr a c ts ,
v a l u e o f su rp lu s m a te ­
r i a l s ........ ........................
8 3 ,0 3 9
O p en a cco u n ts ...............
1 3 ,7 6 9
S u rp lu s re v e n u e D e o .
3 1 , 1 3 9 4 ......................
6 7 5 ,4 3 3

Total...................... $8,8212,355

T o t a l . . ................„ . , . $ 3 , 8 2 3 , 3 3 5

—Y . 6 0 , p . 5 38 .




{ V OU. L X ,

1391.

1 89 4 .
N u m b er o f In stru m en ts u n ­
d e r re n ta l D eo. 2 0 . ......... 5 8 2 ,5 0 6
8 67
E x ch a n g e s Jan . 1 . .............
5 72
B ra n ch o ffice s....................
2 3 2 ,0 0 8
1 4,5 25
M iles w ire o n b u ild in g s ...
M iles w ir e u n d e r g r o u n d .. 1 4 8 ,2 -5
1 ,8 5 6
M iles w ire s u b m a rin e ........

1893.

1 89 2 .

5 6 6 ,4 9 1
8 38
571
2 1 4 ,6 7 6
1 6 ,4 9 2
1 2 0 ,6 7 5
1 ,6 3 7

5 5 2 ,7 2 9
8 12
5 39
2 0 1 ,2 5 9
1 4 ,9 8 0
9 0 ,2 1 6
1 ,3 3 6

5 1 2 ,4 0 7
7 88
509
1 8 0 ,1 3 9
14,0 54
7 0 .3 3 4
1 ,0 29

3 9 6 ,6 7 4
2 1 2 ,0 7 4
1 1 ,0 9 4
N u m b er o f e m p lo y e e s ........
N u m b er o f s ta t io n s ............. 2 4 3 ,4 3 2
im b e r d a ily o o u n e o t’n s . . i1,033,152
.

3 5 3 ,4 8 0
205 ,89 1
1 0 ,4 2 1
2 i7 ,1 8 6
1 ,3 7 1 .6 6 7

3 0 7 ,79L
2 0 1 ,3 2 2
9 9 70
2 3 2 ,1 4 )
1 ,8 6 3 ,1 8 3

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

The following is a comparative statement of earnings, ex­
penses and income for four years of the American Bell Oo.,
compiled for the C h r o n i c l e :
EARNINGS, EXPENSES, ETC.

1891.
1892.
189 3 .
1894.
Ug
$
$
$
3
,1
2 7 ,7 8 3
3
,3
0
3
,7
5
3
3
,5
1
3
,7
1
1
R e u t » l o f t e le p h o n e s ........ 2 ,5 0 2 ,9 9 2
D iv id e n d s .............................. 1 ,9 3 7 ,6 5 7 1 ,8 ¿4 ,4 3 2 1 ,4 2 2 ,0 4 8 1 ,3 2 0 .6 4 6
9 1 .2 8 1
1 0 1 .3 0 6
1 0 -1,621
E x . t e r r ’ l & b ra n ch lin e s .
1 0 6 .9 3 9
2 7 ,8 4 5
2 9 ,4 1 7
2 9 ,1 9 3
T e le g ia p h co m m is s io n —
2 9 ,3 5 2
1
4
5 ,1 6 0
1
6
8
,8
3
0
2 2 5 ,o 3 6
Interest ................................
3,9 6»45 5
2 3 ,2 9 2
7 5 ,5 3 3
7 9 ,1 8 3
R e a l e sta te and p t is c e ll...
7 4 ,8 4 9

E arn ings—

'

......................... 4 ,8 4 8 ,2 4 4

5 ,7 8 1 ,0 7 6

5 ,1 0 0 ,9 8 7

4 ,7 3 6 ,0 0 7

E Ì S s , e£ » S i l o Ì e S a i,7 2 4 ,4 5 D

1 .8 5 5 ,5 .0

1 .6 8 9 ,2 U

1 ,6 0 9 ,1 8 7

T o t ai

N e t e a r n in g s ................. 3 ,1 2 3 ,7 8 5 3 ,9 2 5 ,4 8 6 3 ,4 1 1 ,6 7 6 3 ,1 2 6 ,9 2 0
Disbursements—
A . . . A. A « A
I nnn n n -r j 7 2 5 0 0 0
P e a u la r d i v i d e n d s . . . . . . . . 2 ,4 0 0 ,0 0 0
2 ,2 1 4 ,1 5 6 1 ,9 2 7 ,2 2 7
’9 0 " ,0 0 9
E ^ tra d iv id e n d s . . . . . . . .
eO olooO
1 ,1 2 5 ,0 0 0 9 91 8 6 3
5 0 1_,8_2_0
D e p r e cia tio n r e s e r v e . . . . .
1 2 3 ,7 8 5
5 8 6 ,3 2 9
4 9 2 .o a 6
T o t a l .................................. 3 ,123,785*

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

LEDGER BALANCE DECEMBER 3 1 .

1894.
$
T fd eu h on es
.................................... 1 ,2 0 9 ,7 8 7
s a
w
. . : . ------------- „ j s s s a

1893.
$
1 ,2 6 6 ,1 8 2

M e rch a n d ise a n d m a c h in e r y ..........
I 4»232
B ills a n d a cco u n ts r e c e iv a b ls ........ 4 ,3 5 o ,^ 5 4
C ash a n d d e p o s its ................................
7 6 0,7 7 o

_ _ 3 3 >312
3.573.0r>3
2 ,8 4 3 ,b 7 8

T o t a l....................................................4 5 ,5 5 9 ,7 3 3

4 5 ,7 1 2 ,3 4 0

Tfebit_

1892.

$

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

C atd tal^ sfock ...................................... 2 0 ,0 0 0 ,0 0 0 2 0 ,0 0 0 ,0 0 0
2 , 000,000
D e b e n tu r e b o n d s, 1 8 8 3 ...................... 2 ,0 0 0 ,0 0 0
2 ,0 0 0 ,0 0 0
* 1 ,3 3 4 ,5 1 6
B ills a n d a cco u n ts p a y a b le ............. * * ’ 92 « ’ 57 ® i o 137 4 9 3 1 0 ,1 6 9 ,9 2 5
r a t e n t a c c o u n t .......................................1 0 ,2 2 8 ,5 7 1
5 ,6 8 t,U>5
P rofit a n d l o s s ....................................s ’ i u t ’ u T*
3 ,5 2 7 7 2 3
2 ,1 5 1 ,0 1 2
S u r p l u s . . . . ................... ....................... 2 , 1 5 1 , o l l
2 , 1 5 1 , 0 1 1 ____________
T o t a l................................................... 4 5 ,5 5 9 ,7 3 3
* $ l , 0 5 rt,0 0 0 is d iv id e n d p a y a b le J an .
4893.
t $ 1,050,000 is d iv id e n d p a y a b le J an . 1 6 ,1 * 9 4 .
t $ 3 0 0 ,0 0 0 is d iv id e n d p a y a b le J a n . 1 5 ,1 8 9 5 .

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

March 30, 1895 ]

THE CHRONICLE.

561

The Long Distance Company had invested up to Dec. 31,
L o c i s v i l l e & N a s h v i l l e . — 214 general moi tgage bonds w ill
1894, in line construction, equipment and supplies, $7,430,663* be redeemed June 1, 1895, The numbers of tiae bonds drawn
The company shows an increase in gross earnings in 1894 and details regarding the call are given in our advertising
over 1893 of 13'4 per cent, the amount for 1894, gross, being columns.
$1,011,962, The gross earnings for 1892 were $643,437: for
40 Cecelia Branch bonds will be redeemed Sept. 2. Particu­
1893, $892,361.— V . 60, p. 301.
lars at Union Trust Co.— Vol. 60, p. 522.

GENERAL

IN V E S T M E N T

NEW S.

IGiF" 7 o facilitate reference to information appearing in this
column, particularly during the two months following the
publication o f the I n v e s t o r s ’ S u p p l e m e n t {each S u p p l e m e n t
containing an index up to date o f issue), it is proposed to
append to all items here given the volume and page o f the
C h r o n i c l e where the last previous item pertaining to the
company was published. It will then be an easy matter
having found one statement regarding a company to refer
to others o f earlier date.
Furthermore, as ready reference is especially desirable as
regards reorganization plans, the names o f reorganization
committees and the payment o f overdue coupons, all announce­
ments concerning these appearing after the publication o f the
latest issue o f the I n v e s t o r s S u p p l e m e n t will be indexed
together in this column under heading “ Reorganization Plans ,
etc .”
---------Anthracite Coal Roads.— The representatives of the an­
thracite coal roads were in earnest consultation yesterday and
the day before. In regard to yesterday’s meeting the Wall
Street Journal says:
“ The result of the five hours’ deliberations of the anthracite
presidents and subordinate officers yesterday was an under­
standing which approached nearer a settlement of differences
than was generally .supposed. Proceedings were confined
largely to a consideration of the 1894 basis of operation, with
the idea of adopting it for 1895. W e are authoritatively in­
formed that all but two of the interests were willing to accept
tbe_1894 figures. One of these was Susquehanna & Western,
which it is thought would finally assent. The other was a
large company, not the Reading. A suggestion which seemed
to have a considerable following was to settle differences by
arbitration. The majority thought, however, that it would
be best to call in arbitrators only as a last resort. It was finally
decided to refer the matter of distribution of traffic to the
present sub-committee, of which President Maxwell, of Jersey
Central, is chairman, with instructions to report to the gen­
eral body if possible a plan fair to all interests— if not to make
a report setting forth the view of the different interests.
There is no date fixed for this meeting.” — V . 60, p. 521.
Atlanta & Charlotte Air Line Railway.— A t a meeting of
the stockholders of this company held at their office in New
York on the 13th inst. the following directors were elected :
P. P. Dickinson, C. S. Fairchild, B. R. McAlpine, Richard
Irvin, R. H . Rochester, H . W . Sibley, Sbipwitb W ilm er,
Michael Jenkins, Joseph Bryan, Ebenezer S. Mason, Augustus
D. Shepard and Edward K elly. Subsequently Mr. C. S. Fairchild was elected President, Mr. W . N. W ilm er, Secretary
and Mr. George Sherman, Treasurer.
A tlan ta & Florida.— Judge Kellm an, of the United States
Court, at Atlanta, G a., has postponed the sale of this road
until April 29, on the petition of a number of stockholders.—
V . 60, p. 479.

Central P a c ific -S o u th ern P a c ifte .-T h e report of Sir
Charles Rivers Wilson to the Central Pacific stockholders has
been received in pamphlet form. It confirms in the following
words the statement, previously cabled from L >ndon, regird­
ing Mr. Huntington’s agreement touching the guaranty of a
dividend on the stock •
Mr. H u n tin g to n u n d erta k es o n b e h a lf o f th e S o u th e rn P a cific C om ­
p a n y th a t e x is tin g a rra n ge in e a ts s h a ll be m oriH e l t > the e x te u t th it
fro m the c o m m e n ce m e n t o f the cu rre n t y e a r th e O entr a P u oifio s h a re ­
h o ld e rs shall r e c e iv e a m in im u m d iv id e n d o f on e per o m t g u »ra n t ted
b v th e S outhern P ariflo O o m p a n y -t h e first p a y m e n t o f
o f o n e p er
o n J u ly 1st n e x t and the s -o o u d paym ent; o u ra u u a ry
l .1 8 3 6 . Thar, th e ia m e ra te o f d iv id e u d sh ill be c o n tin u e d until s a t ­
is fa c t o r y le s i-la t io n ha s b e e n o b ta in e d f o r th e a d ju s tm e n t o f t h e
C om pany s d e b t to ih e G o v e rn m m n . w h e u rhe d i v i d ja d w ill b e ia cre a s e d to tw o p e r c e n t f o r a g u a r a n te e d p e r io d o f tw o y e a rs .— V. 6 0
p . 4.80.
J

Chattanooga Southern.— The foreclosure sale of this road
on Feb. 14 to the reorganization committee for $400,000 has
been confirmed.— V . 60, p. 301.
Colorado Midland.— A plan of reorganization for the Col­
orado Midland is being discussed. Bv foreclosure the Mid­
land bondholders would be able to wipe out the claim for
$1,600,000 held by Atchison as well as the stock held by that
company. The movement for an independent receiver is for
the time being held in abeyance by the courts pending the
publication of the Atchison’s reorganization plan.— V . 59, p.
1006.
*
v
Decision Affecting Street Railways.—In the editorial
columns will be found an article in regard to the important
decision rendered in Pennsylvania this week touching the
rights of street railways to operate on country roads.
Distilling & Cattle Feeding.— The reorganization com m it­
tee announces that there have been deposited under the plan
upward of 300,000 shares of stock, and therefore declares the
plan operative. The committee has extended the time within
which holders of stock may deposit the same with the Man­
hattan Trust Company up to and including March 30, 1895,
upon payment of a penalty of 25 cents per share in addition to
the first instalment of $1 per share, which must be paid at the
time of the deposit.
A t Chicago ou Saturday last the resignations of John J,
Mitchell, Edwin F. Lawrence and Gen. McNulta, receivers of
the company, were presented to Ju ige Grosscup in the United
States Court. Those of Mr. Mitchell and Mr. Lawrence were
accepted, and Gen. McNulta was retained as sole receiver.
The Court said he thought the affairs of the trust were
in such a condition that they could readily be administered
by one man, and did not think three heads were now desirable
to administer them«
The reorganization committee has had listed this week on
the New York Stock Exchange $32,148,500 Manhattan Trust
Co.’s engraved certificates of deposits, representing Distilling
stock first assessment paid.— Vol. 60, p. 480.
Edison Electric Illnminating of N. Y.—The stockholders of
this company will meet on May 15 to act upon a proposition to
issue a consolidated mortgage for the purpose of taking up the
old bonds at or before maturity and of providing for all the
company’s requirements during a series of years to come.
Only $1,636,000 of the new bonds it is proposed shall be sold
during the present year. Regarding the matter the following
facts are furnished by the company’s officials:

Atchison System—Atlantic & Pacific.—A t the general
meeting this week of the holders of the State Trust Company
certificates of deposit for the 4 per cent guaranteed trust
gold bonds, the bondholders’ committee was unanimously
T h e c o m p a n y d u rin g th e p a s t fiv e y e a rs has b e e n s te a d ily d e v e lo p in g
authorized to use its discretion in protecting the interests of its business, its ca p ita l d u rin g th a t p e rio d h a v in g in c r e a s e d 3 )0 p e r
the bondholders on the sale of the first mortgage 6 per cent c e n t an d its n e t ea rn iu g s o v e r 5 0 0 p e r oen t. A t the sa m e tim e its p r o ­
n o f n e t to g ro ss lias in cre a s e d fr o m 33 p*-r o e n t to 5 t p e r o e u t,
bonds of the Atlantic & Pacific Railroad Company, adver­ spho ortio
w in g lh a t as i s in v e s te d oa id ta l h a s in cr e a s e d the g r e a te r ha s b ’ e u
tised to be sold by the Mercantile Trust Company, as trustee, its e c o n o m y o f o p e ra tio n s a n d th e la rg e r its p e r c e n t o f n e t, &o. T h e
on April 15.— V. 60, p. 479.
tim e has n o w co m e w h en i t seem s d e sira b le to a d o p t a t ia a u c ia lp la n to
p r o v id e f o r its re q u ire m e n ts fo r a se rie s o f y e a rs to c uue. T h e s to c k ­
Atchison Topeka & Santa F e.— The reorganization plan h o ld e rs w ill b e a sk ed o n M ay 15 to a u th o rize the c r e a tio n o f a c o n s o li­
was mailed to Europe on Saturday last and will be brought d a ted m o r g a g e lim ite d to $15,1/0 t,O00. ¡Sufficient b o n d s u n d e r th is
out next week simultaneously here and abroad. The $10,- m o rtg a g e w h l be re s e rv e d to p a y o ff a t o r b e fo r e m a tu rity e x is tiu g m ort.
n d s : $ 1 ,6 1 6 ,0 0 0 b o u d s w ill be u s e d to re im b u rse th e c o m n a u y fo r
000,000 in cash required to carry out the plan has all been obuo tla
y s m ad e on a o co u n t o f p u rch a se s o f s to c k a n d b o n d s o f th e M a n ­
underwritten, as previously intimated.
h a tta n aucl th e H a rlem c o m p a n ie s an d to p r o v id e fu n d s f o r th e c o n ­
Notice is given that the Mercantile Trust Company of New s t/u o tio n re q u ire m e n ts o f th e co m p a n ie s d u rin g th e p r -s e n t y e a r. T he
re m a in d e r o f the a u th o riz e d issue w ill re m ain in th e tre a su ry f o r fu lu r e
York has been appointed to act as trustee for the income and use,
b u t n o n e o f th e la tte r s h a ll b e issu e d b e fo re J a n . 1, 189r>, and th en
second mortgage bonds in place of the Union Trust Com
n o t e x c e e d in g $ 1 ,0 0 0 ,0 0 0 p e r a n n u m . T h e e n tire b o n d e d d e b t shall a t
pany, resigned. The Union Trust Company remains trustee n o tim e e x c e e d the o u ts ta n d in g p a id up c a p ita l s to c k .—V o l. 6 0 , p . 1 78 .
of the general mortgage.— Y . 60, p. 479,
Fidelity Loan & Trust Co. ofSioux City, Iowa.—M r Otto T,
Augusta Southern.— The stockholders have decided to issue Bannard, Chairman, announces that the time for signing the
forthwith $100,000 bonds to pay for widening the gauge. This agreement for the reorganization of the Fidelity L ian &
is the Aug. Gibson & Sandersville reorganized.— V . 60, p. 348 Trust Company of Sioux City. Iowa, has been extended until
Brooklyn & Brighton Beach.— Judge Cullen, of the Supreme March 30, and that 50 per cent in amount of both debenture
Court, has decided that this company may make connection holders and stockholders have assented to the plan. Copies
with the Kings County Elevated Railway Company at Franklin of the agreement can be obtained at the Continental Trust
Avenue. This action by the Court will enable passengers to Company of New York.
make through connection from the Bridge and Fulton Ferry
General Electric—Westinghouse.— Negotiations are i v
without change of cars.— V . 59, p. 421.
progress with reference to bringing these companies into hai-^-*
Called Bonds.— The following bonds have been called for monious relations, but on just what basis it is impossible to
payment.
learn. It was officially announced yesterday that the nego*
Cleveland Co l .C inn. & I nd. R y .—133 consol, roort. bonds tiations were not yet finished, and that there would be no
will be redeemed June 1,1895. Numbers o f bonds called and information given about the “ combine” until something
other particulars are given in our advertising columns.
definite had been accomplished.— Vol. 60, p. 177.




562

THE CHRONICLE,

[VOL. L X .

Genera Waterloo Seneca Palls & Cayaga Labe Traction. The Macon Dublin & Savannah is owned by the Georgia <fc
— The Geneva Surface Railway, the Geneva & Waterloo Rail­
way, the Waterloo Seneca Falls & Cayuga Lake Railway and
the Seneca Electric Railway companies have been consoli­
dated as the Geneva Waterloo Seneca Falls & Cayuga Lake
Traction Company. The capital is $450,000, divided into
$100 shares.

Illinois Improvement Co. and has in operation 54 miles of road
from Macon to Dublin. Both the companies now brought to­
gether have been seeking to build from Macou to Savannah,
and it is thought this deal may mean the early completion of
the line.

fied with the Vanderbilt interests. The capital stock is $500,000, of which $1,000 has been paid in, and this it is said will
be increased to $1,500,000 Am ong the incorporators are
Cbauncey M. Depew. H . W alter W ebb, W . J. Arkell. City
Chamberlain J. J. O’Donohue, R. G. Rolston, H . G. Young
and A . B. Hepburn. President Everett, of the Peoplt’s Line,
will be President. The main object of the new company i°,
it is said, to put a stop to the competition which has for years
existed betwfen the Hudson River steamboats and the New
York Central and W est Shore railroads. The new company
it is understood will consolidate with the People’s line, and
will as soon as practicable absorb other competing lines, so
as to control Hudson River traffic.— V . 60, p. 523.

Fifth Avenue, south of 24th Street, New York, if one-half of
the property owners along the pxoposed line consent, together
with the city authorities. This bill is in the interest of the
Metropolitan Street Railway Company whose stock is all
owned by the Metropolitan Traction Company.— V . 60, p. 83.

Metropolitan Traction—Sixth Avenue—23d Street.— The
Hudson River Navigation.—New York Central & Hud­ Metropolitan Traction Company is securing the consents o f
son River.— Articles of incorporation of the Hudson River property owners to the equipment of the Sixth Avenue and
Navigation Company were filed with the Secretary of State 23d Street roads with cable. A t Albany this week a bill was
at Trenton, N J ., on Thursday, by capitalists largely identi­ introduced to allow the building of a street surface railroad on

Indiana Illinois & Iowa.— Donald McIntosh and John
McIntosh, of Milwaukee, W is., have filed a complaint in the
United States Court at South Bend, Ind., asking for the sale
of this railroad on mechanics’ lien. The plaintiffs are rail­
road contractors and built the extension to South Bend,
opened last December. They claim a considerable sum is
still due thpm for this work, but the officers dispute their
claims.— V . 59, p. 1104.
Kansas City Watkins & Gulf.—J. B. W atkins, President
of the company, has proposed to build this road into the city
of Natchez from Alexandria, if Natchez donates a right of
way through the city and county, 160 acres of ground for
terminal facilities, yards, station grounds, etc., and sub­
scribes to the enterprise $200,000 in cash or its equivalent.—
Railroad Gazette.
Lake Erie & Western.— This company has made an inter­
esting addition to current railway literature by publishing in
compact form detailed statements relative to the road-bed,
equipment and all other facilities of the system. It is accom­
panied by profile drawings of the entire line. This work
gives security-holders all the information they could possibly
hope to obtain, unless they supplement the reading of the
report by a trip over the company’s lines. The company’s
annual report will be found on another page.
Lincoln (N eb.) Street Railway — The New York Security
& Trust Company, trustee of the first mortgage bonds*of this
company, has filed a foreclosure bill in the Circuit Court of
Nebraska for Don-payment of interest. The first mortgage is
for $600,000.— V . 60, p. 259.
L istin gs on New York Stock Exchange.— Securities or
certificates of deposit for securities of thè following compan­
ies were listed this week. Full particulars are given under
title of each company. United States Cordage Company,
Oregon Shrrt Line & Utah Northern Railway, Distilling &
Cattle Feeding Company, New York & New Jersey Telephone,
St. Louis Southern.— V . 60, p. 480.
Lock Haven Traction—Lock Haven Electric.— A press
despatch from Lock Haven states that the Lock Haven Trac­
tion Company was organized on Monday and has leased for
999 years the present line of the Lock Haven Electric Street
Railway Company. The President is C. A . Braag, of Phila­
delphia. The directors are A . Markle, of Hazleton; Frank S.
Given, of Columbia; Robert H. Irvine, of Lock Haven; N. J.
Mitchell and George Breed, of Philadelphia.
Lombard Investment Company.— The committee, consist­
ing of R. H . Rochester, N. M. Walker and George Burnham,
Jr., have issued a reorganization plan.
Long Island Traction.— Permission has been given to
Horace G. Morse, the company receiver, by the court to issue
receiver’s certificates to take care of the pressing debts of the
company. The amount of money contributed by the stock
holders is variously stated at from $200,000 to $300,000.
Receiver H . J. Morse said yesterday: “ The committee of
stockholders have placed me in such a position that I shall be
able to pay to-morrow the $300,000 due the Brooklyn City
Railroad by the Long Island Traction Company. This insures
the payment of the regular dividend on the Brooklyn City
Railroad stock.”— Voi. 60, p. 522.”

Mexican National.— A meeting of the holders of first mort­
gage (prior lien) bonds of this company was held in London
on March 15. Mr. J. M. McDonald, who presided, explained
that the meeting was called »o confirm a contract proposed to
be made with the Mexican Government for the capitalization
of all uncollected subsidy pledged as additional security for
the prior lien bonds into 5 per cent bonds, to be issued by the
Government in payment of such subsidy. The terms of the
proposed contract had been assented to provisionally by the
trustees and the bondholders’ committee. Mr. H . W . Smithers
(chairman of the bondholders’ committee) stated that the
amount of subsidy certificates uacollected was $3,335,685,
being the total balance pledged with the prior lien bonds, and
the present value, allowing for discount, was $3,212,377. This
the Government proposed to capitalize by issuing in exchange
new 5 per cent bonds taken at 72, amounting to $4,461,635.
The amount of the prior lien bonds outstanding was $11,578,000, and after the forthcoming drawing of 46 bonds it would
be reduced to $11,532,000, secured by a first mortgage on the
railroad, and with the addition under the new arrangement
of $4,461,635 of Mexican Government 5 per cent bonds in lieu
of the subsidy certificates. The meeting confirmed the ar­
rangement.— V . 60, p. 524.
Monterey & Mexican Gulf.— At Monterey, March 24, the
Supreme Court of Mexico issued a decree confirming the ap­
pointment of J. A . Robertson as General Manager and Receiver
of this company. This is said to put an end to the fight which
has been waged against Mr. Robertson by the Belgian bond­
holders.— V . 57, p. 638.
Montgomery Tuscaloosa & Memphis.— At Montgomery,
Ala,, on March 19, Judge Carrington, of the City Court, on
petition of the Metropolitan Trust Company of New York,
placed this railroad company in the hands of George B ,
Sheelman as Receiver. The Metropolitan Companv is trustee
for the bondholders to the amount of $864,000. Default has
been made in the interest and the trust company seeks to
foreclose the morgage securing the bonds.
In view of the foreclosure proceedings a committee con­
sisting of Mayer Lehman, W illiam C. Lane, Louis B. Farley,
Joseph W . W oolfolk, with Seward, Guthrie, Morawetz &
Steele as Counsel [address, 29 Nassau Street, New York], re­
quest bondholders to deposit their bonds with the Mercantile
Trui-t Company of New York, which has agreed to act as
depositary.
New York Lake Erie & Western.— The application of the re­
ceivers to issue certificates will be heard in the U . S. Cir. Court
during the eoming week. The amount the Court will author­
ize is quite problematical. Car trust and other payments im ­
portant to tne maintenance of the system, some of which had
accrued prior to the receivership, has made it impossible in
view of the poor earnings for the receivers to meet current
obligations, and deferred payments are understood to aggre­
gate a large sum, to provide for which these receivers’ obliga­
tions are to be used.—V . 60, p. 432.
New York & New Jersey Telephone.—This company has
listed bn the New York Stock Exchange $350,000 additional
general mortgage bonds, making the total listed $1,289,000.—V . 59, p. 880.

New York Pennsylvania & Ohio.— This company has suc­
ceeded in satisfactorily arranging its bonded indebtedness. It
has made an exchange of its $8,000,000 of prior lien 6 per oenfc
bonds for an equal amount of 4 ^ per cent bonds, payable in
forty years. A ll of the issue has been thus exchanged. It
has also agreed with the holders of its first mortgage bonds,
which now with warrants for deferred interest amount to»
$71,877,000, to extend the time of their payment for forty
Louisville Evansville & St. Louis.—The receivers will pay years and to make them income bonds. Nine-tenths of the
the coupons on the Louisville Evansville & St. Louis first and whole issue have accepted the proposal and deposited their
second mortgage bonds due Oct. 1, 1894, upon presentation at bonds to be stamped. Provision has also been made for
the office of the New York Security & Trust Company on and $2,000,000 for improvements on the road. A n official of the
after March 26, 1895. They will also pay the coupons of the company adds : “ Thus whether the Erie has to be foreclosed
first mortgage bonds of the Venice & Carondelet Road or not, this portion of it remains comparatively secure.”— V .
due April 1, from and after that date, on presentation at the 60, p. 392.
same place. A suit is in progress in Indianapolis to secure a
North American— Milwaukee Street Railway.— Rumors
change of receivers.— V . 60, p. 522.
have been current that the North American Company, which
** Macon Dnhlin & Savannah—Atlantic Short Line.—The controls the Milwaukee Street Railway, is arranging to meet
Macon Dublin & Savannah RR. Co., of which Gilbert B. Shaw, the interest due June 1 on the railway company’s consoli­
of Chicago, is President, is understood to have purchased for dated mortgage bonds, the three previous coupons having
$250,000 the Atlantic Short Line, formerly called the Macon & bef n funded. A t the company’s office it is stated that the
Atlantic. About 38 miles of the Atlantic Short Line are said Milwaukee Company hopes to be able to make this payment
to have been graded, upon part of which rails have been laid. from its own earnings.— V . 58, p. 1072. j




THE CHRONICLE.

March 80, 1800. j

563

Northern Pacific.— According to the agreement of the
Adam s Reorganization Committee, bonds deposited under
that agreement can be withdrawn during the present month
upon payment, pro rata, of the expenses of the committee to
date. It was announced yesterday that no second mortgage
bonds had been withdrawn nor any consolidated mortgage
bonds. Of the last named there have been during the month
alm ost daily deposits. Of the third mortgage bonds, of which
the committee holds about $1,000,000 in excess of a maj rity,
there have been withdrawn daring the month, upon payment
■of $8 per bond for expenses, a total of $19,000. The deposits
o f thirds during the month have been in excess of the amount
withdrawn.— V . 60, p. 481.
Oregon Short Line & Utah Northern.— In regard to the
receivership case mentioned last week the following statement
has been received at the office of the Union Pacific receivers
in this city :

Whtreas th e P h ila d e lp h ia R e a d in g & N ew E n g la n d R a ilr o a d , as r o w
o p e ra te d b y th e re c e iv e r, is e a rn in g c o n s id e r a b ly m o re th a n its ru n n in g
e x p e n se s , in c lu d in g re n ta ls o f le a se d lin e s a n d th e c o s t o f m a n y im
p ro v e m e n ts a n d re p a irs to th e ro a d w a v ; and
Whereas fo r e c lo s u r e a n d re o r g a n iz a tio n a t th is tim e w ill en ta il h e a v y
e x p e n se s w ith o u t b e in g p r o d u c tiv e o f a n y m a te ria l b e n e fit to th e s to c k ­
h o ld e r s ;
Kesolvcd, T h a t it is in e x p e d ie n t t o p u s h th e fo r e c lo s u r e p r o ce e d in g s
h e r e to fo r e in s titu te d , a n d th a t i t lb a lso in e x p e d ie n t t o fo rm u la te o r
a d o p t a n y p lan o f re o r g a n iz a tio n at th is tim e . —V . 6 0 , p 5 23 .

i v e a n d c o n c lu s iv e o p in io n b y th e C ourt. T h e e n tire m a tte r w as r e ­
m itte d to th e C ou rt o f p rim a ry ju r is d ic t io n in W yom in g. T h e s u b ­
s e q u e n t o r d - r o f th e O re g o n C ou rt a p p o in tin g J. M. E g a n as r e c e iv e r
i s w h o lly te n ta tiv e a n d w a s m a d e o n a n e x -p a r t e a p p lic a tio n . A c c o r d ­
in g t o its term s a n d th e p o s itiv e d e c la r a tio n o f J u d g e s B e llin g e r and
G ilb e rt, it w a s to h a v e n o e ffe ct w h a te v e r a n d c o u ld h a v e n o e ffe ct
u p o n th e a ctio n o f th e C ou rt in W >o m in g . t o w h ic h th e m a tte r w a s re ­
m it t e d u p o n th e d en ia l o f th e p e titio n o f th e A m e rica n L o a n & T ru st
C o m p a n y , o f B o sto n , fo r th e d isp la ce m e n t o f th e p re s e n t re ce iv e rs .
T h e o p in io n o f th e O reg on C ou rt h a s n o o th e r e ffe c t th a n to s u b m it all
■questions t o th e fre e a n d u n em b a rra ssed co n sid e ra tio n a n d o p in io i o f
t h e W yom in g C ou rt, w h ich w ill in d u e tim e h e a r a n d d e te rm in e the
m a tte r .

Savannah Electric (Street) Railway.— "h is company,
which was placed in receivers hand* on application o f a
bondholder o bjacting to the reorg inizitioa pla i, has procured
an order from Court p em itting it to prooee l with th % reor­
ganization, only $30,000 bonds not having assented
The old
indebtedness will be replaced by $300,000 of new 5», waio i
will receive no interest for the current year, all net earnin ?s
to be applied for this period towards payment of fl >ating dibt
or for improvements.
. .
The ¡Savannah Electric firsts for $250,000 receive also a
bonus of 25 per cent in Brush Electric Light s ock, the other
half of said stock (i. e. $32,500) being available for fl >ating
debt, etc. W nile the fixed charges under the plan are said to
be heavier than the earnings now warrant, the receiver says
it is believed they are justified by the fact that n > interest is
pay a le for the first yeg,r a n i by the probability of increased
earnings. A rate war recently caused a heavy falling off in
receipts.

Portsmouth (Ya.) Street Railway.— A dispatch to the
Baltimore Sun says that this street railway has been sold to
Major John Finney and Gen. J. K . Sigfried of Pottsville, who
propose to put in trolley and to build ex ten lions to Pore Nor­
folk and W est Norfolk.

Postal Telegraph & Cable.— The stockholders of this com ­
pany on Thursday voted unanimously to increase the capital
stock from $10,000,000 to $15,000,000. An officer of the com ­
pany is quoted as saying that the bulk of the $5,000,000
G r e a t su rp rise is e x p r e s s e d in th e W est at th e r e p o r t c ir c u la t e d in
worth of stock would go in p lyment of certain properties and
N e w Y o r k t i n t th e a p p lic a tio n o f th e O r e g o n S h ort L in e 5 p e r c e n t
B o n d h o ld e rs ’ C om m ittee fo r a sep a ra te r e c e iv e r h a d b e e n g ra n te d . for money advanced during several years past by J o h i W .
T h e o b je c t io n en tered b y th e h o ld e rs o f the first m o r t g a g e 6 p e r c e n t Mackay. These properties would then revert to the Postal
b o n d s t o th e sep a ra te r e c e iv e rs h ip , a n d th e o b je c tio n to t h e j u r i s d i c ­ Telegraph-Cable Company.— Y ol. 60, p. 432.
t i o n o f th e O reg on C ou rt in the m a tter, w ere su sta in ed in a n e x h a u st­

The first mortgage bondholders’ committee, of which S.
Endicott Peabody is chairman, has listed on the New York
Stock Exchange $5,237,000 New York Guaranty & Indemnity
Co. engraved certificates of deposit for Oregon Short Line &
U tah Northern Co. 5 per cent consols.
Out of a total issue of $10,895,000 of the said bonds, $1,501,000
are held by Messrs. J. P. Morgan & Co., as trustees, under
the trust indenture of September 4,1891, as part security for the
Union Pacific Railway Co. collateral trust 6 per cent notes,
and $‘¿01,000 are held in other -trusts of the Union Pacific
system, or in the treasury of the issuing company, leaving
$9,193,000 actually afloat, of which $5,237,000 have been de­
posited with the committee above named. Further bands to
the amount of $1,350,000 have been deposited at Amsterdam,
Holland, with a committee with which the American com­
mittee is acting in concert.— V , 60, p. 523.
Philadelph ia St R eadin g.— A t Philadelphia, on Tuesday,
ex-Judge Theodore F. Jenkins, of counsel for the Junior
Securities Protective Committee, filed a petition in the United
States Circuit Court asking that the committee be allowed to
intervene as parties defendant in the recent equity proceed­
ings begun by the Pennsylvania Company for Insurance on
Lives and Granting of Annuities for the foreclosure of the
Reading general mortgage. The petitioners, who are Robert
M. Gallaway, Isaac N. Seligman, David G. Legget, Simon
Wormser and Emanuel Lehman, state that they hold $4,229,000 of Reading Railroad income mortgage bonds and de­
ferred income bonds. These securities are subsequent in lien
to the general mortgage, upon which foreclosure proceedings
have been instituted, and for this purpose the committee
asked to be allowed to intervene and become parties defend­
ant in the suit.
— The results of operations for February and the three
months of the fiscal year—Dtec. 1 to Feb. 28—have been as
follows :
R ailroad

Reorganization Plans, etc.— The following is an index to
all defaults, reorganization plans, the names of all reorganiza­
tion committees and all statements respecting the payment
of overdue conpons that have been published in the C h r o n ­
i c l e since the January edition of the I n v e s t o r s ’ S u p p l e ­
m e n t was issued, all earlier fasts of this nature being set forth
in that publication. It djes not, however, incluie matter in
to-day’s C h r o n i c l e .
Thefollo wing abbreviations are used: Plan for reorganization
or readjustment plan ; coup, for coupon paymjnts ; def. for
defau lt; Com. for committee.
Volume 60.
Page
A tch iso n , T . & S. F e ......p la n 4 7 9
8t. L o u is & San. F ............. coup. 5 23
B a y S ta te G a s ............... . . Oom. 5 2 2
Ches. & O. S. W . 1 st ML., coup. 1 76
C h ica go & N o. P n c .,........ Oom. 2 58
Ohio. & South S ide R . T ., Oom. 175
Cin. & M u sk in g u m Y a l ..coup. 5 2 2
C lev e. Can. & S o .,................ Corn 2 7 6
Do
do
........... coup. 1 76
D is tili’ g & C attle F e e d g .p la n 4 8 0
F id ’y L .& T .C o .o fS io u x C .,plan 5 61
G .B a y W. & 8 t P .O oni.301, 3 9 1 ,4 8 0
J a ck . T a m p a & K . W ., ..O om . 2 19
K e n tu ck y <fc I n d . B rid g e . Oom. 5 2 2
L a k e St. E le v a te d , O hio, ./»¿«a 3 91
L in co ln (N eb.) St. R y ........Com. 2 5 9

Volume 60.
Page.
L o n g Isla n d T ra ctio n ...p la n 5 2 2
L a u isv ille E v . & St. L couv. 5 2 2
M ob ile & G i r a r d ..............coup. 3 9 2
N o rfo lk <fe W e ste rn ............ Oom. 3 02
O re g o n 8. L. & U . N ...___ coup 2 2 0
P e o ria D e ca tu r & E ......... coup. 3 5
PhTa. & R e a d i n g ,............ Oom. 2 1 9
P hil. R e a d . & N. E .............. Oom. 178
R io G ra n d e S ou th ern ...p la n 3 9 2
8 o h e n e o ta d y R y .......................... .plan 3 0 3
U n io n P a c i f i c .. ............. ..O om . 2 2 0
D o.
do.
.................coup. 2 2 0
K an sa s P a c ific ....C o m . 3 9 3 , 5 2 3
U. 8. B ook C o ........ ............ Oom 3 0 3
V a L e y o f O h io ............................. .p la n 4 3 7
W isco n sin C e n tr a l.............. p lan 2 6 0

St. Louis Alton & Terre Haute—St. Louis Southern.—

There have been listed on the New Y ork Stock Exchange
,--------- Febr'i uary.--------- . ,— Dec. 1 to Feb. 2 8 .— . $303,000 first consolidated mortgage 5 per cents, due 1939,
1 8 9 3 -9 4. issued by the Sc. Louis Southern, and the second mortgage
1894.
1 89 5 .
1 8 9 1 -9 5 .
$
Company$
$
$
incomes are reduced accordingly.—V . 60, p. 393.

■Gross r e c e ip t s ................. 1 ,4 4 4 ,8 4 2
O p e r a tin g e x p e n s e s ... .
8 9 8 ,1 0 8

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

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

4 ,4 2 6 ,4 2 4
2 ,6 5 7 ,6 7 6

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

4 7 3 ,6 7 4
1 4 ,1 6 3

1 ,7 7 7 ,8 8 2
1 8 3 ,7 7 0

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

5 6 8 ,5 4 8

4 8 7 ,8 3 7

1 ,9 6 1 ,6 5 2

1 ,9 2 0 ,7 7 2

E q u ip m e n t p a y m e n t s ..
T erm in a l tra c k a g e .........
Im p r o v e m e n ts , e t c ........
P r o p o r t ’n y e a r ’ s ch ’ ges.

7 0 ,1 6 8
5 0 ,0 0 0
1,947
7 0 5 ,0 0 0

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

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

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

T o t a l............................
B a la n c e , d e fic it...............

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

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

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

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

G r o s s r e c e ip t s ................. 1 ,9 7 5 ,2 2 6
O p e r a tin g e x p e n s e s .... 1 ,9 8 9 ,7 4 6
■Colliery im p ro v e m e n ts.
4 3 ,7 0 3
P e r m a n ’t im p r o v e m ’ ts.
4 ,9 4 9

1 ,4 8 0 ,0 7 0
1 ,5 5 9 ,9 1 7
2 5 ,6 5 0
910

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

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

G r o s s e x p e n s e s ............. 2 ,0 3 8 ,4 0 3
L o s s fr o m m in in g ..........
6 3 ,1 7 6
P r o p o r t ’n y e a r ’ s o h ’ rg es
1 0 6 ,0 0 0

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

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

5 ,3 5 3 ,1 8 3
14,4 21
3 2 4 ,9 6 1

B a la n ce, d e flo it...............
1 6 9 ,1 7 6
P . & R . AND C. & I. C o .—
2 5 8 ,5 6 5
D e fic it o f R a ilr o a d C o ..
1 6 9 ,1 7 6
D e fic it C. & I. C o . . . . . . .

2 1 4 ,7 2 7

6 5 5 ,9 7 7

3 3 9 ,3 8 2

4 3 4 ,0 0 0
2 1 4 ,7 2 7

6 3 6 ,9 1 9
6 5 5 ,9 7 7

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

6 4 8 ,7 2 7

1 ,2 9 2 ,8 9 6

1 ,1 2 9 ,5 1 4

O p era tin g p r o f i t .. . .
N e t fr o m o th e r s o u rce s
T o t a l....................... ..

Deduct —

Coal & I ron Co.—

D e f. b o th c o m p a n ie s ...

4 2 7 .7 4 1

— Y . 60, p. 482.

Philadelphia Reading & New England.—At the adjourned
meeting of bondholders on Monday the following resolution
was adopted:




South Bend & Mishawaka.— A suit has been brought to
foreclose a $250,000 mortgage against this company, in the
United States Court at Indianapolis, by the Central Trust
Company of New York. Application is also made for a re­
ceiver. A suit to foreclose a chattel mortgage on the electric
plant of the company and asking judgm ent for $39,431 was
also filed.
Spartanburg Union & Columbia.—Notice is given that
holders of bonds of this company who wish to participate in
the reorganization must deposit their bonds with Inman,
S'vann & Co., Cotton Exchange Building, New Y ork City,
before April 15, 1895. Over 93 per cent of the bonds have
already assented.
Texas Louisiana & Eastern.— A decree of foreclosure has
been entered against this road. The road extends from Conroe
to Meriam, Tex., 27}^ miles.
Union Pacific.— A t therequestof a number of bondholders
the trustees of the Uaion Pacific Railroad Company first
mortgage bonds advertise that a general meeting of the b >ndholders will be held in New York April 10.—V . 60, p. 523.
Union Pacific Denver & Gulf—Denver & Rio Grande.—
A t Denver this week Judge Hallett upheld his order of Decem­
ber last, which authorizes the receivers of the Union Pacific
Denver & Gulf to issue $1,000,000 in receivers’ certificates to
construct a line parallel to the Denver & Rio Grande between
Trinidad and Pueblo. The facts in relation to this matter
were given in an editorial entitled “ Building Railroads by
Order of Court,” which appeared in the C h r o n i c l e in its issue

564

THE CHRONICLE

PVOL, LX,

of Feb. 9. 1895.

The Denver & Rio Grande officials offered to
modify the terms of the contract with the Union Pacific Den­
ver & Gulf reducing the rental to be paid to $145,000 per an­
num. Judge Hallett has now directed that a contract be
drawn up for a rental of $110,000 per annum, and if after ten
days tbe Rio Grande Company fail to sign it, then Receiver
Trumbull is to construct the parallel line from Trinidad to
Walsenburg, and then report to the Court again for further in
stiuctions. A portion of the line between Trinidad and W als­
enburg has already been graded.—V . 60, p. 393.

Union Pacific—Kansas Pacific.— Another committee has
been formed to protect the Kansas Pacific consols. It consists
of Frederick D. Tappen, Chairman: Louis Fitzgerald, Thomas
Denny; Oliver Ames, 2d, Boston, Mass.; George.E. Leighton,
St. Louis, Mo., and W . Etnlen Roosevelt. Mr. Roosevelt is
Secretary. 33 W all Street, and Strong & Cadwalader are the
Counsel, 36 W a ll Street. The committee says:
E ffo rts b a r e h e r e to fo r e b e e n m a d e b y o th ers t o cr e a te co m m itte e s
a n d t o ob ta in su fficien t d e p o sits o f co n s o lid a te d bon d s to g iv e tb e rig h t
t o r e a lly re p re s e n t 1h em . b u t s u ch effo rts h a v e n o t m e t w ith su ccess.
C e r t a lD o ft h e p rio r b on d s a re e n f o ’ c in g tiie ir >igbtr>, and fo r e c lo s u r e
p ro ce e d in g s u n d er the c o n s o lid a te d m o r tg a g e a re p rog ressi g. U n d er
th e s e c irc u m sta n ce s b o n d h o ld e rs a re u rg ed t o sign a b o n d h o ld e rs ’
a g re e m e n t a t th e M erca n tile T ru st C o m o a n y , 1 2 0 B r o o d w a y , N e w
Y o r k F u r th e r p a rtic u la r s a rc g iv e n in t h e a d v e rtis in g c o lu m n s .— V .
60, p. 523.

R e p o r ts

a u t! J ü ocm u cu ts.

L A K E ERIE & W E S T E R N
COMPANY.

RAILROAD

EIG H TH A N N U A L REPORT, FOR TH E Y E A R E N D IN G
DECEMBER 81, 1894.

To the Stockholders o f the Lake Erie & Western Railroad
Company:
The Board of Directors herewith submit their report of the
operations of the Company and the condition of its affairs for
tbe year ending December 31. 1S94.
C A P IT A L STOCK.

The capital stock of your Company remains the same as last
year, viz.:
P r e fe r r e d 6 p e r c e n t n o n - c u m u la t iv e ........................................... $ 1 1 ,8 4 0 ,0 0 0
C o m m o n ................................................................ ............................ t___ 1 1 ,8 4 0 ,0 0 0
T o ta l a m o u n t o f s to c k ............................ ..................................... $ 2 3 ,6 8 0 ,0 0 0

United States Cordage.— This company has listed $35,000

FUNDED DEBT.

Universal Gas—Mutual Fuel Gas (Chicago.)—The Chicago

G ro ss E a r n in g s .............................................................. .................... $ 3 ,3 4 5 ,4 0 3 7 2
O p e ra tin g E x p e n s e s ....................................... .................................. 1 ,8 6 5 ,8 5 1 9 4

Description o f
,----- Interest.
, P rincipal. Am ount
additional first mortgage and collateral trust 6s and has re­
Bonds.
Date.
Bate. Payable. When Due. Out stand'y.
ceived authority to list an additional $215,000 when sold. A 1 s t M ort.
Iss u a b le a t
circular has been issued by the W illiam W a ll’s Sons Rope
$ 1 0 ,0 0 0 p e r m ile
C o m p le te d R o a d ..J a n ., 1 8 8 7 5 p . c t .
J .& J .
1937
$ 7 ,2 5 0 ,0 0 0
Company, announcing that (he agreement between the United
2
d
M ort. Iss u a b le a t
States Cordage Company and Mr, Frank T. W a ll, represent­
$ 5 ,0 0 0 p e r m ile ...J u n e , 1 8 9 1 5 p . ct.
J.&J.
1941
2 ,1 0 0 ,0 0 0
ing the first named company, expires on April 1. After that I n T re a s u ry ...............
1 ,5 2 5 ,0 0 0
date the W illiam W a ll’s Sons' Company will independentlv
T o ta l F u n d e d D e b t ........................................................................... $ 1 0 ,8 7 5 ,0 0 0
assume the manufacture of their own goods of all kinds.— V .
60, p. 80.
E A R N IN G S A N D E X P E N S E S .

Inter-Ocean publishes the following :
T h e U n iv e r sa l G as C om p a n y h a s le t co n tr a c ts fo r th e b u ild in g o f a
g a s p la n t h a v in g a c a p a c ity o f 1 0 ,0 0 0 ,0 0 0 fe e t p e r d a y , a n d th e w o r k
o f c o n s tr u c t! n w ill b e g in M a y 1. I t is e stim a ted t l i - t th e p la n t w ill
c o s t $ 2 ,0 0 0 ,0 0 0 a n d th a t a b o u t t w o y e a rs w ill b e re q u ire d t o co m p le te
it. It w ill be lo c a te d o n la n d tra n sferred s om e tim e a g o b y th e M u tu al
F u e l G as C om p a n y t o th e U n iversa l G a s C o m p a n y , lm at^d a t T h irty first S treet a n d th e riv e r. T h e M u tu al F uel G a s C o m p a n y w ill gu a r­
a n tee th e c o n tr a c ts en tered in to b y th e U n iv ersa l C o m p a n y , h u t th e
m o n e y t o p a y fo r t b e n e w p lan t w ill b e ra ised b y th e sale o f $ 2 ,0 0 0 ,« 0 0
U n iv e r sa l G as C o m p a n y s to c k to t h e s to c k h o ld e rs o f tb e M u tu a l G as
C o m p a n y a t p a r. T h e re w ill be n o b o n d s issu ed , th e U n iv e r sa l Com a n y b e in g fin a n ced in th e sam e w a y as w a s th e M u tu al C om p a n y .
he t w o co m p a n ie s a re , e n tir e ly sep a ra te, a lth ou g h th e sa m e p e o p le
a re in te re s te d in b o th . I t is d en ied b y th e U n iv e r s a l G as s to c k h o ld e rs
th a t th e ir c o m p a n y w a s p a id a b o n u s b y th e C h ica go G as C om p a n y to
k e e p o u t o f th e la tte r ’ s te rrito ry . T h e y a ssert th a t the re la tio n s b e ­
tw e e n th e U n iv ersa l G as C o m p a n y and th e C h ica g o G a s co m p a n ie s
w ill co n tin u e to he h a rm o n io u s in th e fu t u r e as th ey h a v e b e e n in t h e
p a st.

— The Hong Kong & Shanghai Banking Corporation held
its half-yearly general meeting on February 16 at Hong
KoDg, The report submitted at the meeting has come to
hand. The re t profits for the half-year ending Dec. 81, 1894,
including $126.460 balance brought forward from last account,
amount to $1,803,977 66. The directors recommend the trans­
fer of $500,000 from the profit and loss account to credit of
tbe reserve fund, which fund will then stand at $5,000,000,
They also recommend writing off bank premises account the
sum of $100,000, and off dead stock account the sum of $64,312. After making these transfers and deducting remunera­
tion to directors there remains for appropriation $1,129,665 61,
out of which the directors recommend a dividend of one
pound and five shillings per share.
— Messrs. Loeb & Gatzert, mortgage bankers. No. 125 La
Salle Street, Chicago, have issued a circular giving the par­
ticulars on a list of mortgage loans which are secured by im ­
proved Chicago City property. They offer these loans at par
and accrued interest, and charge investors no commission for
collecting and remitting interest or acting as their agents in
general.
— “ Burdett’s Official Intelligence for 1895” has come to
band. The work is of established reputation as the best source
for information relating to British and foreign securities. It
is compiled by Henry C. Burdett, Secretary to the Share &
Loan Department of the London Stock Exchange, and is pub­
lished by Spottiswoode & Co., 54 Gracechurch Street, London.
— Attention is called to the offering of $225,000 State of
South Dakota 6 per cent coupon revenue warrants. These
warrants offer a desirable form for a short-time investment.
They were authorized at the present session of the State Leg­
islature, and are payable in one and two years from general
taxes.
— Attention is called to a list of municipal bond issues of
Detroit, Chicago, Sandusky, Portland, etc., offered for sale
by Messrs. W . J. Hayes & Sons, of Cleveland and Boston.
— The usual moutblv statement of the Credit Lyonnais will
be found in our advertising columns to-day. A dividend of
3 0 ^ francs per share was declared,
w — Messrs. Winslow, Lanier & Co. and N. W . Harris & Co.
will pay dividends on a number of securities, lists of which
are printed in another column.
— The Continental Trust Company of the City of New York
has declared its quarterly dividend of 1% per cent, payable
April 10.




N e t E a r n in g s ............................................................................... $ 1 ,4 7 9 ,5 5 1 7 8
In te re s t, T a x e s a n d R e n t a ls ..........................................................
6 8 2 ,9 8 2 7 7
B a la n c e .......... ù ......... ....................................................................
D iv id e n d o f 5 p e r c e n t o n P r e fe r r e d S to c k ..............................

$ 7 9 6 ,5 6 9 01
5 9 2 ,0 0 0 0 0

S u rp lu s ............................................................................................

$ 2 0 4 ,5 6 9 0 1

The freight traffic shows an increase of 12’01 per cent in
tonnage; the earnings per ton per mile a decrease from 0*704
cent to 0 ‘631 cent or 0’ 73 cent, and the gross receipts from this
source a decrease of 1*44 per cent.
The passenger traffic shows a decrease of 10 57 per cent in
the number of passengers carried, a decrease of 13*01 per cent
in earnings. The increase in the rate of passengers per mile
was fourteen hundreiths of a cent. The average haul per
passenger decreased 2 ’03 miles; the average receipts per pass­
enger decreased 1*12 of a cent.
Quarterly dividends of
per cent upon the preferred stock
have been paid during the year, in addition to which vour
company has expended in additions, improvements, etc., $148,592 60, and carried to surplus account $22,143 81.
The company has paid regular quarterly dividends on its
preferred stock during the past five years, and even in the
present depressed condition of business there is no reason to
doubt that the dividends can and will be continued at the
present rate. W ith any general revival of business prosperity,
or with even a slight improvement in rates, the company’s
net earnings will, of course, be considerably increased.
The ratio of expenses to earnings during the past year, ex­
clusive of taxes, was 55 77, as against 58‘33 for the previous
year. Inasmuch as this is largely the result of the liberal ex­
penditures for permanent improvements, such as masonry for
bridges, new sidings, additional buildings, water supply, etc.,
during the past eight years, as welt as for additional equip­
ment provided during that period, the following statement
will prove of interest:
1887.
1883.
1889.
1899.
1881.B
Expended for " Betterments.V
New Steel. New Sidings, New
Bences. New Buildings, New
W ater Supply, etc., e tc.......... $573372 $192,717 $277 426 $218 833 $ ‘>35.83«
Expended cor new Equipment.
28,6d8 109,350 163.775
s.36922>,o00
$402,010 $302,077 $ ill,2 ? l
1892.

1893.

Expended for “ Betterm ents.”
New St6el, New Sidings, New
Fences. New Kuiltiings, New
W ater Supply, etc., e tc.......... $333,338 »237.249
Expended fo r new Equipment.
881,706 323.530

1891.
$74.’ 23
6 \ 4 '9

$1,218.042 $561,823 $1 i 3,c92

$223,255 $455,856
TOTAL.
$l,9i3.977
1,303,888
$3747.835

Showing a total of $3,747,865 28 expended for the purposes
named, and in the year 1890 the further sum of $690,000 was
paid for the acquisition of the Fort Wayne Uincinnati & Lou­
isville Railway (in addition to the $10,000 per mile of the First
Mortgage Bonds— no stock being issued), making a total of
$4,347,865 paid during the period for additions and improve­
ments.
Tbe $3,625,000 of Second Mortgage Bonds authorized in
June 1890 for the above purposes would have been entirely
exhausted in making the above payments had not the direc
tors thought it better to devote a portion o f the net earnings
of the Company to such expenditures, thereby leaving the
bonds in the treasury of the Company.
In pursuance of this plan, all of the moneys expended for
betterments and improvements of every description during
the entire period above named, and more than $300,000 of the
amount paid for new equipment, have been paid out of the

THE OHROJN1CLE.

March 30, 1895.]

net earnings of the Company, and only $2,100,000 of the
Second Mortgage Bonds have been sold, leaving the remain­
ing $1,525,000 in the treasury of the Company.
The ability of the Company to furnish so large an amount
out of its net earrings, beyond dividends, indicates a financial
and physical soundness of the property exceeaingly gratify­
ing to your Board.
Ia accordance with the policy of the Board to set aside
each year an amount sufficient to convert into permanent
form a portion of the remaining temporary structures, the
Board has authorized the expenditure during the current
year of the entire amount estimated by the General Manager
for this purpose. A s the work has been carried on each year
for the past eight years, the amounts required for these pur­
poses are smaller each year, and will soon be insignificant, as
the property will have been put upon a permanent basis, and
fully up to the standard of efficiency required by the nature
of traffic it is called upon to carry.
In November your Board entered into negotiations with
Messrs. Vermilye & Co., looking to the acquisition by your
Company of the property formerly known as the Indianapolis
Decatur & Springfield R R ., and as, in the opinion of the
Board, the purchase on the terms proposed seemed advisable
and clearly to the advantage of your Company, tbe Board, on
consideration, decided to submit the question to its stockhold­
ers at a SDecial meeting to be called for that purpose, to be
held at Peoria, III., on Februarv 5, 1895, in pursuance of
which the stockholders were notified in a circular, giving the
terms of the proposed purchase.
The report of the General Manager and the usual statistical
and tabular statements showing in detail t'ae operations for
the year are appended hereto.
The acknowledgments of the Board are due to the officers
and employees of the Company for the efficient and faithful
service performed by them during the past year.
By order of tbe Board,
C A L V IN S. BRICE,

565

C o n d u c tin g T r a n s p o r t a t io n :
A g e n t s a n d S ta tio n S e r v ic o ............................
i S ta tio n (S u p p lies...................................................
| F re ig h t T ra m S e r v i c e .......................................
F rc ig h c T ra in S u p p lie s .............................. .
P a ss e n g e r T ra in S e rv ico ............................ .
P a ss e n g e r T ra in S u p p lie s ................................
L o c o m o t iv e S e r v i c e ...........................................
F u e l fo r L o c o m o t iv e s .........................................
T e le g r a p h E x p e n s e s ...........................................
O il a n d W a s te ......................................................
M ile a g e o n F o re ig n C a r s ................................
D a m a g e o r L o ss o t F r e ig h t .............................
L o s s & D a m a g e to P r o p e r t y & L iv e S to c k .
P e rs o n a l I n ju r i e s .........-......................................
W a te r S u p p ly ........................................................
W re ck s (C ost o f C le a r in g )................................
G e n e ra l E x p e n s e s :
G e n e ra l OHieors’ a n d C lerks’ S a la rie s ..........
L e g a l E x p e n s e s .....................................................
S ta tio n e ry a n il P r in t in g ....................................
I n s u r a n c e ................................................................
O u tsid e A g e n c ie s a n d A d v e r t is in g ...............
C o n t in g e n c ie s .......................................................

$ 2 5 6 ,5 2 9 8 2
6 ,8 7 5 8 2
1 1 0 ,4 8 6 21
3 ,7 1 6 29
4 1 ,8 0 9 15
2 ,4 6 7 4 6
1 7 7 ,5 9 5 8 8
2 2 4 ,8 7 6 5 0
4 1 ,9 1 4 3 7
1 7 ,6 6 7 61
1 2 1 ,8 7 2 28
6 ,5 9 2 25
2 4 ,1 9 3 21
1 8 ,9 3 4 7 2
1 5 ,8 2 2 4 9
2 ,7 9 5 23
---------------------$ 1 ,0 7 4 ,1 4 9 2 5
$ 9 7 ,7 5 3 0 7
3 8 ,8 1 9 81
1 6 ,3 5 9 93
1 4 ,1 9 5 4 7
1 9 ,8 1 6 7 7
2 1 ,8 8 6 9 2
---------------------

2 0 8 ,8 3 1 9 7

T o ta l O p e r a tin g E x p e n s e s ....................................................$ 1 ,8 6 5 ,8 5 1 9 4
F o r th e co r r e s p o n d in g p e r io d la s t y e a r th e y w e r e .......... 2 ,0 4 8 ,7 4 2 8 4
S h o w in g a d e cre a s e o f ............................................................

$ 1 8 2 ,8 9 0 0 9

SUMMARY OF EARNINGS AND EXPENSES.
G ro ss E a r n i n g s ................................................ . $ 3 ,3 4 5 ,4 0 3 7 2
O p e ra tin g E x p e n s e s , e x c lu s iv e o f T a x e s .. 1 ,8 6 5 ,8 5 1 9 4
N e t E a r n i n g s ...............................
Paym en ts from N e1E arnings —
I n te r e s t o n M o r tg a g e B o n d s .........
T a x e s ..................................................... .
R e n ta l o f T r a c k s ...............................

$ 1 ,4 7 9 ,5 5 1 7 8
$ 4 5 5 ,3 3 3 33
1 8 5 ,7 9 7 3 4
4 1 ,8 5 2 1 0
---------------------

6 8 2 ,9 8 2 7 7

S u rp lu s t o I n c o m e A c c o u n t .......
$ 7 9 6 ,5 6 9 0 1
F o r co r r e s p o n d in g p e r io d in 189 3
$ 8 1 3 ,4 0 7 3 4
RATIO QF EXPENSES TO EARNINGS.
E x c lu d in g T a x e s ............................ ................................................. 55*77 p e r cen t*
C o r re s p o n d in g p e r io d la s t y e a r .................................................58*33 p e r ce n t*

President.
D

REPORT OF TH E GENERAL. M A N A G E R .
I n d i a n a p o l i s , I n d ., March 1, 1895.

e t a il s

of

Tr a c k

D

epartm ent.

Track Ties renewed............ ................................................ .. .174,O'!®
B R ID G E S .

The bridges have been fully maintained. Included in re­
President The Lake Erie & Western Railroad Company. pairs of bridges is the renewal and repairing of one hundred
and ninety-one pile and trestle bridges, aggregating, in all,
New York City :
twenty-six thousand four hundred and fifteen lineal feet.
D e a r S i r — Herewith are submitted detailed statements
In addition to these, three deck spans, plate girders, seventyshowing the business and operations of the road for the year
seven feet each, and two new piers, first class masonry, were
ending December 31, 1894, which include that of the Ft.
placed over W hite River west of Muncie ; three deck spans,
W ayne Cincinnati & Louisville Railroad.
plate girders, eighty-five feet each, and two new piers, firstRO AD W AY AND TRACK.
class masonry, were placed over White River at Noblesville ;
two deck spans of plate girder, sixty-five feet each, and one
Length of road operated :
JLLICCS. new pier, with additions to two abutments of masonry, were
M a in L in e —Sa n d u sk y to P e o r ia ......................................................................4 2 0
placed over Cicero Creek, Cicero, Indiana.
Indianai>olis to M ich ig a n C it y ...... . ....................................... 162
One deck span, plate girder, forty feet, placed at SharpsF o r t W ay n e to C o u u e r a v ille ........... ....................................... 1 09
B r a n c h e s — St. M a ry 's to M in ster............. ...................................................... 10 ville; one deck span, plate girder, sixty feet, placed at CassN e w ca s tle to R n s liv ille ................................ ...................... ........2 4
ville; five deck spans, plate girder, sixty-two feet each, and
three new piers, first-class masonry, placed over Eel River
T o t a l......................................................................................................................7 2 5
near Denver; one deck span, plate girder, forty feet, and two
For convenience of operation the road is divided into four new abutments, first-class masonry, placed near Poneto; four
divisions, the mileage of main tracks and sidings being as new piers of firjt-nlass masonry,erected in Mackinaw River;
follows :
one abutment in Fall Creek.
Miles
Miles
Total
One six foot rubble arch at Montmorenci.
D ivisions —
Operated. Side Track. Miles.
One six foot rubble arch near Farmdale,
S a n d u sk y D iv is io n .
62*00
28400
M in stor B r a n c h ...
One six foot rubble arch near Arcadia.
P e o r ia D iv is io n ___
208
50*07
258*07
One six foot rubble arch near Peru.
162
40*92
202*92
Thirty-one wood trestles and culverts were replaced with
1 33
27*66
1 6 0 -6 6
iron pipe, ranging from twelve to fortv-eight inches in diam­
T o t a l o f L in e.
180*65
9 0 5 -6 5 eter, with masonry end walls. Fifty-six openings where iron
N u m b e r o f m iles o f m a in t r a c k o n S an d u sk y a n d P e o r ia D iv is io n s
pipe and stone culverts had been placed] were filled, requiring
la id w ith s te e l..........» ....................................... .................................................. 4 2 0
in all thirty-one hundred and four car loads of earth and two
N u m b er or m iles o f m a in tra ok o n In d ia n a p o lis & M ich ig a n C ity
hundred and seventy-seven car loads of ballast.
D iv is io n la id w ith s te e l......................................................................................162
N u m b e r o f m iles o f m a in tr a c k o n F t. W a y n e D iv. la id w ith s te e l... 1 09
Eleven thousand nine hundred and eighty-four car loads of
N u m b e r o f m iles o f m a in t r a c k o u Ft. W a y n e D iv . la id w ith i r o n . .. 2 4 earth were handled in the partial filling of bridges 951,955
N u m b e r o f m iles o f m a in t r a c k o n M in ster B ra n ch la id w ith i r o n .. . 10
and 956 at the Mackinaw River.
H

on.

Ga l v in S. B

r ic e ,

T o t a l . ................... ................. ................. .......................................................7 2 5

During the year side tracks have been added to the extent
of two and fifteen one-hundredths miles.
O P E R A T IO N S .

Earnings and operations for th9 year ending December 31,
1894, are as follows :
EARNINGS.
F r e ig h t ...............................................
$ 2 ,0 9 2 ,9 6 2 71
P a ss e n g e rs ..................................................
8 2 3 ,1 2 3 12
E x p i-e s j......................................................
6 5 ,0 3 8 3 0
M a il..........................................................
5 6 .0 3 4 0 6
C ar M ilea g e ............................................
1 8 9 ,8 6 4 5 4
M is ce lla n e o u s ..................................................
1 1 8 ,3 8 0 99
$ 3 ,3 4 5 ,4 0 3 72
F o r th e c o r r e p o n d in g p e r io d la st y e a r th e y w e r e
3 ,5 1 2 ,6 2 0 2 2
■;nKICf
A d e c r e a s e o f .................................................. .
$ 1 6 7 ,2 1 6 5 0
EXPENSES.
M a in te n a n ce o f W a y ;
R e p a ir s o f P o a d w a y ......... ........................ .
$ 2 3 2 ,8 7 6 4 4
R e p a ir s o f B r i d g e s ........... ............... ...........
1 9 ,2 9 3 8 6
R e p a ir s o f B u ild in g s .................. *......................
2 6 ,3 6 ) 9 4
R e p a irs o f F e n c e s ...............................................
1 9 ,7 1 1 1 0

F rom
F rom
F rom
K rom
F rom
F rom

M a in te n a n ce o f M o tiv e P o w e r a n d Cars :
R e p a irs o f L o c o m o t i v e s . .. ............
R e p a ir s o f P a s s e n g e r C a rs............... ..............
R e p a ir s o f F reig h tJ J a rs...................................




$ 9 9 ,7 9 3 9 3
3 8 ,0 0 6 99
1 4 6 ,8 2 2 4 2
2 8 4 ,6 2 8 3 4

M A IN T E N A N C E O F W A Y

Twenty-six thousand and seven hundred and eighty-eight
lineal feet of new sidings were constructed, and fifteen thou­
sand five hundred and forty feet taken up, making an addition
of two miles and fifteen one-hundredths of sidings during the
year.
Forty five stub »witches were replaced with split
switches. Ten railroad crossings were replaced with new
crossings. Eleven hundred and thirty-six car loads of ballast
were placed to repair ballast in main track. New cross-ties
to the number of one hundred and seventy-four thousand and
seventy-nine were placed in the main and side tracks. One
hundred and forty-five sets switch ties were placed.
The condition of the track, permanent way and drainage
have been maintained up to the standard.
The condition of the buildings hits been quite fully main­
tained. Three new stations, a baggage and express building,
and a building for use of train-men were built; fifty-three sta­
tions and forty-five other huildiags were repaired. Three new
stock pens were built and forty received repairs. Thirty sta­
tion platforms were renewed and twenty-nine repaired.
One hundred and forty-eight wooden cattle guards were re­
placed w i h iron guards. One hundred and thirty thousand
feet of crossing plank were used in renewing highway cross­
ings. Twenty-two iron bridges, four stations and seven other
buildings were painted during the year

THE CHRONICLE.

566

[VOL, LX,

E Q U IP M E N T .

The number of locomotives is one hundred and twenty, all
3£he C o m m e r c ia l jin x e s .
but four of which are in aotive service and in good or fair
repair.
The passenger equipment consists of three combination chair
C O M M E R C IA L
EPITO M E .
and sleeping cars, four chair cars, fifty passenger cars, six
F
r
id
a
y
N igh t , March 29, 1895.
combination passenger and baggage cars, eighteen baggage,
mail and express cars, and two official cars, all in good or fair
The distribution of staple commodities into the hands o f
repair.
small jobbers and retailers is making satisfactory progress.
The freight equipment consists of 8,910 local box, 1,008 re­ A s a result of that movement a larger demand, is developing
frigerator, 176 stock, 245 coal and 619 flat cars, 51 cabooses, for bulk parcels of supplies at first hands, which serves to im ­
3 derrick cars, 2 wrecking cars, 2 pile drivers, 4 tool cars and part a healthy, promising tone to general business. Specula­
1 steam shovel, all in good or fair repair. * * * *
tion in leading articles of merchandise has been of fair pro­
The condition of your road has been in all respects main­ portions, but of more conservative character than during the
tained during the past year. The prevailing depressed condi­ parly portion of the month. A feature of the week is the dis­
tion of business generally is too well known to need com ­ tinct gain in tone in the iron and metal trades. W eather
ment, and accounts for the decreased earnings for the year.
conditions have been somewhat unpiopitious for plantation
For details of the operation of the several departments, and farm work. A t the South temperature was too low for
your attention is invited to the tabular statements.
healthful development of sugar cane, and seeding for rice and
Respectfully submitted,
cotton was reported as backward. A t the W est wheat plant­
ing has become quite general in one or two States, but as a
GEO. L. B R A D B U R Y ,
rule the preparation of ground for seed is not yet completed.
Vice-President and General Manager.
Oat seeding is delayed. In Kansas the growing wheat crop
has been benefitted by rains, but over a large portion of thefall-sown grain area deficiency in moisture is reported.
B A L A N C E S H E E T D E C E M B E R 3 1 , 189 4 .
The demand for lard on the spot has been quiet, but prices
Inc. or Bee.
Bee. 31,1894. Dec. 31,1893.
$
$
$
have advanced a trifle, and the close was steady at 7 30c. for
I
.
3
0
0
,0
0
0
0
0
C o s t o f R o a d ....................... 30, 498,820 34 30,198,820 34
prime W e-tern, 6 % @ 6 % c . for prime City and 7'70c. for refined1
3,073,761 74
E q u ip m e n t ......................... 3, 073,761 74
for the Continent. There has been no speculation in the local
S e c o n d M o r tg a g e B o n d s
1 . 1 ,5 2 5 ,0 0 0 0 0 market for lard futures, but prices have further advanced onin T r e a s u r y ..................... 1, 5 2 5 ,0 0 0 0 0
D .8 0 ,4 7 3 41 continued small receipts of swine at primary points, closing
6 4 ,7 4 2 86
1 4 5 ,2 1 6 2 7
M a te ria l o n H a n d . . . . . . .
T a x e s p a id , c h a r g e a b le
I. 1 58 31 steady.
2 0 ,5 9 1 8 0
2 0 ,7 5 0 11
in 1 8 9 5 ............................
E q u ip m ’ t & Im p ’t A c c t . .
S to c k L a fa y e tte B e lt R y .
S to c k a n d B o n d s C h ica g o
R e fr ig . L in e .....................
D u e fr o m A g e n t s .............
D u e fr o m R a ilro a d C o’ s.
A c c o u n t s R e c e i v a b le .. . .
B ills R e c e i v a b le ...............
U . S. P o s t O ffice D e p ’ t . . .
U . S. E x p r e s s C o ...............
C o u p o n a n d D iv ’ d A c c t .
In d ia n a p o lis N a t. B a n k
(in h a n d s o f R e c e iv e r ).
C a s h .......................................

D .5 9 ,1 3 0 8 0

5 9 ,1 3 0 8 0
1 5 ,0 0 0 0 0

Ï 5 ,Ï ‘Ô0 0 6
1 9 2 ,3 7 6 32
4 8 ,8 5 6 82
7 3 ,0 0 2 6 4
1 0 2 ,0 2 5 65
1 7 2 ,6 4 4 6 3
1 6 ,2 4 4 55
4 ,5 8 8 4 5
2 ,7 1 2 .5 0

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

5 8 7 ,9 9 0 15

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

D .4 9 ,4 7 0 0 0
1 . 1 6 2 ,7 6 5 37

T o t a ls .............................3 6 : 3 9 8 ,5 1 6 7 6 3 4 ,4 6 2 ,9 5 1 7 2
L iabilities —
C a p ita l S to c k ......................23 ,680,000 00 2 3 ,6 8 0 ,0 0 0 0 0
7 .2 5 0 .0 0 0 0 0
F irs t M o r tg a g e B o n d s .. . 7, 250.000 00
1 .8 0 0 .0 0 0 0 0
S e co n d M o r tg a g e B on d s. 3. ,625,000 00
78,854 51
1 1 5 ,7 7 3 05
A c c o u n t s P a y a b le . . . . . . .
1 7 5 .0 0 0 0 0
B ills P a y a b le .....................
2 2 7 ,1 0 5 5 4
A c c r u e d I n t e r e s t . ...___
23Ô’, 9583i
P r o c e d s o f 2 d M .b ’d s s o ld
292,500 00
8,002 42
S u sp en se A c c o u n t ...........
" 3 ,0 9 5 75
1,234 75
1 ,1 0 1 5 0
C h a rges U n p a i d ..............
9 0 ,2 8 2 21
90,088 79
U n p a id W a g e s ...................
D iv id e n d s u n c a lle d f o r . .
837 50
1 ,7 5 7 0 0
1 4 8 .0 0 0 0 0
148.000 00
D iv id ’d p a y . F e b . 15, ’ 95
B a la n c e —E x c e s s o f A s ­
9 7 0 ,8 9 6 6 7
993,040 48
sets o v e r lia b ilit ie s ___

1 . 1 ,9 3 5 ,5 6 5 0 4

T o t a l s . . . ........................3 6 ,3 9 8 ,5 1 6 7 6

32
64
31
06
95
26
45
00

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

D . 8 ,7 2 8
D .2 5 ,0 0 9
I. 7 4 ,2 0 2
I. 9 6 ,8 6 9
D .2 3

82
67
59
68
71

D .5 9 4 5 0

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

00
54
00
77
00
67
25
42
50

I. 2 2 ,1 4 3 81
1 .1 ,9 3 5 ,5 6 5 0 4

N o t e .—T h e e x p e n d itu r e s o n a c c o u n t o f b ette rm e n ts , im p r o v e m e n ts
a n d e q u ip m e n t h a v e co n s id e ra b ly e x c e e d e d th e a m o u n t p r o v id e d b y
th e issu e o f s e c o n d m o r tg a g e b o n d s ; b u t a la r g e p r o p o r tio n o f th e e x
p e n d itu re s h a v in g b e e n p r o v id e d f o r o u t o f th e n e t e a rn in g s, $ 1 ,5 2 5 ,
0 0 0 o f th e b o n d s a re in th e C o m p a n y ’ s trea su ry .
INCOME ACCOUNT.
O p e r a t in g 'E x p e n s e s .$ l,8 6 5 ,8 5 1 9 4 B a la n ce
D ecem ber
I n te r e s t o n B o n d s .. .
4 5 5 ,3 3 3 33 3 1 , 1 8 9 3 ................... $ 9 7 0 ,8 9 6 7 6
T a x e s ............................
1 8 5 ,7 9 7 3 4 F re ig h t E a r n in g s ___ 2 ,0 9 2 ,9 6 2 71
8 2 3 ,1 2 3 12
R e n ta l o f T r a c k s ___
4 1 ,8 5 2 1 0 P a ss e n g e r E a r n in g s.
M a il E a r n in g s ............
6 5 ,0 3 8 3 0
C o n s tru ctio n A c c ’ n t,
5 6 ,0 3 4 0 6
B e tte rm e n ts ............
7 4 ,1 2 3 0 2 E x p re s s E a r n in g s .. .
C a r M ile a g e E a rn in g s
1 8 9 ,8 6 4 5 4
E q u ip m e n t a n d I m ­
p ro v e m e n t A c c ’ n t.
6 9 ,4 6 9 58 M is ce lla n e o u s E earn I n d ia n .N a tio n ’I B ’n k
3 8 ,8 3 2 60
i n g s .............................
1 1 8 ,3 8 0 9 9
D iv id e n d s N os. 18,
1 9 , 2 0 , 2 1 . . .............
5 9 2 ,0 0 0 0 0
B a la n c e — E x c e s s o f
A ss e ts o v e r L ia b il.
D e c . 3 1 , 1 8 9 4 ..........
9 9 3 ,0 4 0 4 8
T o t a l.......................$ 4 ,3 1 6 ,3 0 0 3 9

T o t a l.......................$ 4 ,3 1 6 ,3 0 0 39

G E N E R A L E X H I B I T F O R T H E Y E A R 1 89 4 .
G ro ss E a r n in g s .............. ......................................$ 3 ,3 4 5 ,4 0 3 7 2
O p e r a tin g E x p e n s e s ........................................... 1 ,8 6 5 ,8 5 1 9 4
N e t r e c e ip t s ................................ .................
I n t e r e s t o n B o n d s ................................................
T a x e s .........................................................................
R e n t a l o f T r a c k s .................... ; ............................

$ 1 ,4 7 9 ,5 5 1 7 8
$ 4 5 5 ,3 3 3 33
1 8 5 ,7 9 7 3 4
4 1 ,8 5 2 1 0

T o t a l C h a rg e s .................................................

6 8 2 ,9 8 2 7 7

S u rp lu s f o r Y e a r ...........................................
D is p o s e d o f as f o l l o w s :
C o n s tru ctio n —B e tte rm e n ts .............................
E q u ip m e n t a n d I m p r o v e m e n t A c c o u n t .. .
In d ia n a p o lis N a tio n a l B a n k L o s s ...... ...........
F iv e p e r c e n t D iv id e n d —P re fe r re d S to c k .

$ 7 9 6 ,5 6 9 01

B a la n c e t o I n c o m e .......................................
T o t a l A ss e ts , D e c . 3 1 , ’ 9 3 ..$ 3 4 ,4 6 2 ,9 5 1 7 2
T o t a l A ss e ts , D e c . 3 1 , ’9 4 . . 3 4 ,8 7 3 ,5 1 6 7 6
T o t. L ia b ilitie s , D e c . 3 ' ,’ 9 3 . 3 3 ,4 9 2 ,0 5 5 05
T o t. L ia b ilitie s , D e c . 3 1 ,’ 94. 3 3 ,8 8 0 ,4 7 6 2 8

$ 7 4 ,1 2 3 0 2
6 9 ,4 6 9 58
3 8 ,8 3 2 6 0
5 9 2 ,0 0 0 0 0

7 7 4 ,4 2 5 20

I n c r e a s e .. ..

$ 4 1 0 ,5 6 5 0 4

$ 2 2 ,1 4 3 81

I n c r e a s e -----

S u rp lu s fr o m o p e r a tio n d u rin g 1 8 9 4 ...

3 8 8 ,4 2 1 2 3
$ 2 2 ,1 4 3 81

IN C O M E A C C O U N T .
B a la n c e D e c e m b e r 3 1 , 1 8 9 3 ................ *■- —
$ 9 7 0 ,8 9 6 6 7
S u rp lu s fr o m o p e ra tio n , 1 8 9 4 .........................
2 2 ,1 4 3 81
E x c e s s o f A s s e t s o v e r L ia b ilit’ s D e c .3 1 ,’ 9 4 .




$ 9 9 3 ,0 4 0 4 8

D AILY CLOSING PRICES OF LARD FUTURES.

Sat.

Mon.

Tues.

Wed.

Ih u rs.

F ri.

M a rc h ....................................o. 7*20
M a y ........................................o. 7 -3 0

7 -4 0
7 -5 0

7 -3 0
7 -37

7 -2 0
7 30

7 -3 0
7 -4 0

7 307 -3 5

Pork has had a limited call and prices have advanced, clos­
ing at $13 50@$14 for mess, $13 25@$15 50 for short clear and
$12 50@ $13 for family. Cut meats have been firmer but quiet,
closing at 6% @ 7c. for pickled bellies, 12@10 lbs. average, 5*^
@ 5% c. for pickled shoulders and 8%@9}£c. for pickled hams.
Beef has been quiet and unchanged, closing at $7 50@$8 for
mess, $8@$10 for packet, $9@$11 50 for family and $15(®$18 for
extra India mess. Beef hams have further advanced, closing at
$19. Tallow has further advanced, and the close was firm at
4% c. bid, 5c. asked. Oleo stearine advanced early in the
week, but later weakened and the close was unchanged at
9c. Lard stearine has advanced to 9c. Cotton-seed oil has
been moderately active and prices have further advanced,
closing firm at 23c. for prime crude and 2 6 ^ c . for prime
yellow. Butter has been in fair demand at higher prices,
closing at 9@21c. for creamery. Cheese has been moderately
active and firm for the choice grades, closing at 8 @ l2 c . for
State factory, full cream. Fresh eggs have been fairly active
and higher, closing at 13c. for choice Western.
Coffee secured only moderate indifferent demand, and with
a (rifle more pressure to realize prices shaded off somewhat.
Rio quoted at 1 6 ^ c . for No. 7, good Cucuta at l9}^c. and
staple Java at 26@26% c. Contraot dealing has been mod­
erate at slightly fluctuating prices, buyers and sellers moving
with much caution, with tone at the close a trifle tame.
The following were the final asking prices:
A p ril................. .1 4 -9 0 o . I J u ly ..................... 1 4 ‘7 5 o . i O c t........................1 4 -7 5 0 .
M a y .................... 14 8 0 c . A u g . . . ................ 14-7 0 o. N o v .......... . . . ..1 4 - 5 0 o .
J u n e . . . . . . ........1 4-7 5 o. |8 e p t . . . . . . . r . . . . l 4 - 7 0 o . |D e o ....................... 1 4 -4 5 o .

Raw sugars found sale about as quickly as offered, either
on S( ot or to arrive, and commanded fermer rates, but buyers
refused to submit to an advance. Centrifugal quoted at 3c.
for 96-degrees test and muscovado 2 ll-16c, for 89-degrees test.
Refined sugars quiet and steady; granulated quoted at 4 ^ c .
Teas selling with freedom at higher rates; spices advancing.
For Kentucky tobacco the demand has been quiet, but
prices have been without change and steady. There has been
a further increase in the demand for seed leaf tobacco and
prices have been steady. Sales for the week were 1,470 cases
as follows : 200 cases 1893 crop, Pennsylvania Havana, 9% @
10c.; 100 cases 1892 crop, Pennsylvania Havana, 10^@11^4C .;
300 cases 1892 crop, Wisconsin Havana, 10@13c ; 100 cases
1891 cron, Wisconsin Havana, 10c.; 100 cases 1893 crop, W is ­
consin Havana, 6 @ 7 ^ c .; 120 cases 1892 crop, New England
Havana, 16@35c.; 200 cases 1893 crop, New England Havana,
7@10c ; 200 cases 1893 crop, Zimmer’s. 10}^(®llJ^e., and 150
cases sundries, 6 @ l^ c .; also 550 bales Havana, 65c.@ $l 05 and
250 bales Sumatra, 40c.@$2 75 in bond,
A fair amount of interest has been shown in the market
for Straits tin and prices have further advanced in response
to stronger advices from abroad, closing firm at 1410c. In­
got copper has also advanced and the close was steady at
9 35@9 40c. for Lake. Lead quiet and without changes of im ­
portance, closing at 3 -1 2 ^ @ 3 15c. for domestic. Spelter has
advanced; close firm at 3-15c. for domestic. Pig iron mod­
erately active, closing at $9@$12 50 for domestic.
Refined petroleum has advanced, closing at 7*10c. in bbls.,
4-6°c. in bulk and 7 70c. in case^; crude in bbls. has been un­
changed, Washington closing at 7c. in bbls. and 4-50c. in
bulk; naphtha, 7*75c. Crude certificates have continued to
advance, closing at $1 13 bid. Spirits turpentine has de­
clined, closing quiet at 34 ^ @ 3 5c . Rosins have also weakened
a trifle, closing at $1 57% @ $1 0 2 ^ for common to good
strained. W ool has been quiet but steady. Hops have been
in slow demand and easy.

THE CHRONICLE.

M abch 30, 1895.]
C

T he M ovement

O

T

T

O

N

.

F r id a y N ig h t , March 29, 1895.
C r o p , as indicated by our telegrams

op th e

from the South to-night, is given below. For the week ending
this evening the total receipts have reached 115,470 bales,
against 123,133 bales last week and 182,381 bales the previous
week; making the total receipts since the 1st of Sept., 1894,
7,237,018 bales, against 5,467,956 bales for the same period of
1893-4, showing an increase since S ep.l, 1894, of 1,759,062 bales.
Receipts at— .

Sat.

G a lv e s t o n ..........
V e la s c o , & c ___
N e w O r le a n s ..
M o b i l e ................
F l o r i d a ...............
S a v a n n a h ..........
B ru n s w ’k ,& o .
C h a r le s t o n ........
P t . R o y a l, &o.
W i lm i n g t o n ....
W a s h ’t o n , <fec.
N o r fo lk ...............
W e s t P o i n t .. .
N ’ p o r t N .f &o.
N e w Y o r k ..........
B o s t o n ...............
B a lt im o r e ..........
P h ila d e lp h ia <fec

Mon.

3 ,1 5 9

1 ,9 0 3

......

......

6 ,1 2 5
1 ,2 3 2
•«■>■•
2 ,0 3 9

8 ,5 0 3
1 ,4 4 1

Wed.

2 ,7 0 3

1 ,7 8 6

......

......

....

4 ,8 7 8
5 71

9 ,5 4 7
405
......
1 ,5 0 4
......
5 28
..........
253
..........

320

4 47

9 ,7 2 7
1 ,1 4 4
......
3 ,9 0 9
........ .
469

......

......

......

32S
......
757
860
......
475
828

463
......
1 ,2 2 3
3 75
..........
6 19
7 13

......

......

1 ,9 7 8

......

Thurs.

Tues.

....

1 ,8 7 7

......
3 51
......
423
.........
1 ,3 5 8
449
..........

2 ,8 4 8

F ri.

Total.

1 ,9 7 4
1 ,7 9 2
6 ,4 6 4
261
323
2 ,3 5 1
5 63
1 59
..........
156
3
1 ,4 2 7
1 ,0 3 9
976
250
1 ,4 8 8
1 ,0 9 7
2 25

1 4,3 73
1 ,7 9 2
4 5 ,2 4 4
5 ,0 5 4
323
1 3,6 58
5 63
2 ,2 7 4

567

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
W e add similar figures for
New York, which are prepared for our special use by Messrs,
Lambert & Barrows, Produce Exchange Building.
ON SHIPBOARD, NOT CLEARED— FOR

March 2 9 at—

Great
Other Coast­
Britain. France. Foreign wise.
7 ,7 75
8 ,2 7 4
N one.
N one.
N one.
N one.
800
N one.

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

O th e r p o r t s . . . .

9 ,3 8 3
2 0 ,2 9 8
N one.
N on e.
I ,5 o 0
1 2 ,5 0 0
6 ,8 0 0
9 ,0 0 0

T o ta l 1 8 9 5 .. .

5 9,4 81

1 6 ,8 4 9

T o ta l 1 8 9 4 ...
T o ta l 1 8 9 3 ...

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

18 1 09
8 .3 0 9

N ew O rleans ..
G a l v e s t o n ........
S a v a n n a h .. .. ..
C h a r le s t o n .....
N e w Y o r k _____

Leaving
Stock.

Total.
5 9 ,7 7 5
4 4 ,4 5 5
9 .0 0 0
2 ,9 0 0

8,000

6 ,7 7 8
9 ,8 0 8
N one
400
N one.
7 ,0 0 0
N on e.
N one.

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

2 8 4 ,0 2 9
4 9 ,3 0 5
5 2 ,7 8 8
3 8 ,6 0 1
1 7 ,9 3 3
2 5 ,3 0 9
1 8 3 4 88
8 5 ,0 0 3

8 7 ,8 1 4

2 3 ,9 8 6

1 8 8 ,1 3 0

7 3 6 ,4 3 6

3 8 ,8 9 6
4 3 ,8 4 7

8 ,8 2 9
1 0 ,5 2 6

9 7 ,8 3 8
9 9 ,6 4 4

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

8.000
1 1 ,9 0 0

8.000

Speculation in cotton for future delivery at this market
has been of smaller volume and conducted with less excite­
2 ,8 5 9
1 ,8 4 3
ment. The *‘outside” or general trading public was much more
4 43
8 71
cautious in its ventures, and a large proportion o f the busi­
..........
........
ness represented dealings among regular operators. Some
250
300
efforts
of a bearish nature were put forth, but the average
1
,3
3
6
1 ,5 9 8
2 ,3 6 7
tone proved bullish and exceedingly strong control is retained
..........
...... ...... ......
223
2,0 2 7
1,3 35
300
295
over the May option. Saturday’s market opened easier with
T o t ’ls th is w e e k 16,4 19 1 7 ,9 65 2 4 ,9 01 1 5 ,4 4 5 2 0 ,1 9 6 2 0 ,5 1 4 1 15 470 3@5 points loss, but small operators on the short side became
The following shows the week’s total receipts, the total sinoe anxious to cover and furnished a demand that restored values
Sept. 1, 1894. and the stock to-night, compared with last year. and closed them at a small net gain. Oil Monday the open­
ing was buoyant, stimulated by unexpected strong cable ad­
Stock.
1 89 3 -9 4.
1 8 9 4 -9 5 .
Receipts to
vices and cost rapidly gained 15 points, but the advance in­
This Since Sep. This Since Sep.
March, 29.
1895.
1894
duced some liquidation of “ long” engagements and at the
Week. 1 ,1 8 9 3 .
Week. 1 ,1 8 9 4 .
close the net gain had become modified to 7@ 3 points.
9 6 0 ,0 1 9
9 3 ,7 6 0
4 6 ,4 8 6
4 ,2 4 6
G a l v e s t o n .. . 1 4 ,3 73 1 ,5 7 9,44 3
Tuesday opened with continued strength and 6 points ad­
6 5 ,4 2 5
623
3 5 ,5 3 8
1,7 9 2
V e la s c o , & o.
vance, but demand suddenly fell off. and, with some aggres­
3 4 3 ,8 0 4
2 2 7 ,6 8 7 siveness among the “ bears,” final figures revealed a net loss
N e w O rlea n s 4 5 ,2 4 4 2 ,3 5 4 ,0 3 6 2 1 ,0 2 3 1 ,7 3 7 ,1 5 9
2 2 5 ,7 7 6
1 8 7 ,8 8 4
2 5 ,9 3 3
2 ,6 3 1
2 6 ,6 9 7 of 6 points. Wednesday’s trading was without special inci­
5 ,0 5 4
M o b ile ............
2 3 ,7 5 2
3 1 ,3 0 9
3 23
dent except a recovery of the loss shown on the preceding
5 ,4 7 3
S a v a n n a h ... 1 3,6 58
6 1 ,7 6 8
8 7 9 ,9 3 5
8 9 9 ,0 4 8
6 0 ,5 6 3 day. Yes e.day the offering was 6 points lower again, but
3 ,6 6 8
7 3 ,7 4 2
4 ,3 3 4
1 4 4 ,3 9 8
3 04 fully restored at the close, with May options quoted 2 points
B r ’ w iok ,& c
568
3 2 8 ,1 7 0
4 1 ,5 0 1
C h a r le s t o n ..
4 1 1 ,9 1 5
9 26
4 1 ,0 2 6 in excess of August. To-d \y there was no pronounced change
2 ,2 7 4
....
2
6 3 ,2 4 6
1 4 0 ,0 3 0
P .R o y a l ,^ j
in cost, but the tone feverish and M iy selliag at a predaium.
W ilm in g ton ..
2 2 9 ,9 0 2
1 8 ,4 8 2
605
1 8 6 ,5 3 1
1,9 2 9
1 4 ,2 2 6 Cotton on the spot very dull at 5 5-l6c. for mi idling uplands.
....
W a sn ’ n , &o
9 18
4 99
The total sales for forward delivery for the week are 761,300
3
4 3 9 ,6 1 9
3 ,0 7 5
5 2 ,8 0 9
N o r f o l k .........
4 3 6 ,4 6 6
4 9 ,2 1 4 bales. For immediate delivery the total sales foot up this week
9 ,4 7 2
9 ,0 0 2
for export, 539 for consumption,
1 ,4 2 0
2 2 5 ,0 0 2
5 ,6 4 4 2,139 bales, including —
W e s t P o in t
4 ,0 2 8
2 6 8 ,1 3 0
3 7,9 21
5 1 ,5 6 2
N ’ p ’t N .,& o
250
557
1,9 6 6 — for speculation and 1,603 on contract. The following ar^
9 76
6 8 ,7 0 5
1 2 2 ,9 0 6
N ew Y o r k ...
1 ,8 9 4
2 0 2 ,9 8 8
2 5 5 ,5 8 9 the official quotations for each day of the past week—
8 6 ,3 1 5
9 0 ,7 2 5
4 01
2 3 .0 0 0
B o s t o n ..........
8 ,8 0 0 March 23 to March 29.
8 ,3 3 0
Rates on and off middling, as established Nov. 22, 1893,
1 0 7 ,1 2 2
4 62
5 0 ,9 2 8
2 2 ,3 7 3
1 ,0 9 7
B a l t i m o r e ...
2 1,6 59
4 5 ,8 3 3
2 4 ,2 0 5
4 ,4 5 5
437
1 0 5 ,1 5 5
1 3 ,0 2 0 by the Revision Committee, at which grades other than
P h ila d e l.,& o .
middling may be delivered on contract:
T o t a l s ........ 1 1 5 ,4 7 0 7 ,2 2 7 0 1 8

305

......

4 5 ,2 9 2 l5 ,4 6 7 .9 5 6

9 2 4 ,5 6 6

1 ,9 2 9
3
9 ,4 7 2
4 ,0 2 3
9 76
1 ,894
8 ,3 3 0
1 ,0 9 7
4 ,4 5 5

7 7 2 ,8 8 1

In order that comparison m ay be made with other years, we
give below the totals at leading ports for six seasons.
Receipts at—

1 89 5 .

1894

1893.

1 89 2 .

1891.

1 89 0 .

G a lv e s ’ n,& o.
N e w O rlea n s
M o b i l e ..........
S a v a n n a h ...
Ghar’ton,<lcc.
W ilm ’to n ,& o
N o r f o l k ........
W . P o in t, dec.
A ll o t h e r s ...

1 6,1 65
4 5 ,2 4 4
5 ,0 5 4
1 3 ,6 5 8
2 ,2 7 4
1 ,9 3 2
9 ,4 7 2
5 ,0 0 4
1 6,6 67

4 ,8 6 9
2 1 ,0 2 3
2,6 3 1
5 ,4 7 3
9 28
6 05
3 ,0 7 5
1 670
4 .9 6 8

9 ,6 7 7
2 4 ,6 3 2
1,372
9 ,0 6 7
2 ,0 9 4
366
4 ,0 6 3
1 ,4 7 8
9 3 10

9 ,1 7 7
2 8,1 71
1,7 2 8
7 ,6 0 3
1, 8 ’ 0
6 70
4 ,9 5 3
5 ,5 0 6
8 ,9 1 5

1 0,1 43
3 3 ,0 3 2
3 ,6 1 1
1 2 ,1 7 0
1 0 ,0 8 7
1,0 3 7
6 ,5 4 1
5 ,8 8 3
1 1 ,6 0 0

3 0 76
16,790
374
2 ,5 2 4
870
127
2 ,3 0 3
2 ,0 5 4
6 ,2 5 4

T o t. th is w k .

115 4 7 0

4 5 ,2 9 2

6 2 ,5 5 9

6 8 ,5 9 9

9 4 ,1 0 9

3 4 ,3 7 7

S in ce S ep t. 1 7 2 2 7 ,0 1 8 5 4 6 7 ,9 5 6 4 5 6 6 ,5 6 7 !6 5 1 2 ,1 1 1 1 6 2 9 7 ,0 9 9 5 6 0 9 ,0 3 8

The exports for the week ending this evening reach a total
of 126,273 bales, of which 61,802 were to Great Britain, 8,003
to France and 56,468 to the rest of the Continent. Below a> ‘
the exports for the week and since September l , 1894.
Exports
from—

Week Ending March, 29.
Exported to—
Exporte co Great
Conti­ Total Great
Conti­
Brit’n. France nent. Week. Britain France nent.

8,403
G alveston......
Velasco, A c....
New Orleans.. 21,950
4,649
Mobile & Pen.
S avannah.......
B runsw ick......
2,556
C harleston*...
W ilm ington.
2,0)0
N orfolk ...........
W est P oint:..
202
N’p’t News, Ac
11,154
New Y o r k ....
9,822
B oston.............
976
Baltim ore......
Fhiladelp’a ..
T otal.............

61,802

4,031 12,524
1,300 1,300
6,502 15,663 44,115
4,649
11,542 11,542
8,308 3,308
5,454 8,010

1,501

747,125 198,467

711,183 413,175
81,251
63,132 24,317
74,745
242,864 13,786
55,044 4,160
550 2,550 133,097
70,871
202
81,069
6,896 19,5511 345,940 30,439
146 9,968 191,273
6,528 7,504
83,720 3,530
1,050 1,050
35 674

lota

312,873 1,258,465
52.013
62,013
543.749 1,668,107
21,105 102,353
402,941 490,390
97,575
22,830
202,377 459,027
133,091 192,295
28,753 161,850
36,287 107.158
31.069
188,312 562,691
1,823 193,096
101,535; 191,785
á8,923
13,249

8,«03 50,468 126,273 2,868,988 687,874'2,061,938 5,613,800

120 31,813 64,166 2,521,440l547,286 1,319,614 4,388,340
Total. 1893-91. 82.733
* Including Port Royal.




Fair ................................... . 0 . 1 H on .
M id d lin g F a ir .............. . . . 78 on.
on.
S trict G o o d M id d lin g ..
on.
G o o d M id d lin g...............
S tr ic t L o w M id d lin g ...
S16 off.
off.
L o w M id d lin g ................
S trict G >od O r d in a r y .. - — 1^16 off.

o ffG o o d O r d i n a r y .. ............o. l i e
G o o d M id d lin g T i n g e d . ..
E venS tr ic t M id d lin g S t a in e d ..
o ffM id d lin g S ta in e d ................ 71B o ff.
S triot L o w M id. S ta in e d ., 2833 o ff.
L o w M id d lin g S ta in e d ___ o ff.

On this basis the prices for a few of the grades would be a 8
follows:
•
UPLAND S.

S a t.

m o n Tues W ed

Th.

F rd .

G o o d O r d i n a r y ......................... ..
L ow M id d lin g .................................
M id d lin g . . . ............... ...............
G o o d M i d l l in g . .........................
M id d lin g F a ir .................................

53.6
5 78
6 5,«
658
73.6

5>4
515,6
638
6 H ,6

53.6
5J8
6 5.6
658
7 3 ,«

53.6
5 78
6*16
85g
73.6

53,0
5 78
6 5i0
65g

S a t.

m o n Tues W ed

Th.

F r i.

G o o d O r d in a r y ... . . . . . . . . . . . . . .
L o w M id d lin g ................................
M id d lin g ........ ..............................
G o o d M id d lin g ..............................
M id d lin g Fair ...............................

57l6
6>e

5 i«
63.6
65g
613.6

57,6
618
6®i6
6 78
77,6

6 9 .6
6 78
7 ?16

S T A IN E D .

S a t.

Th.

F r i.

GULF.

L o w M id d lin g ................................
M id d lin g ...........................................
S triot Mi id lin g ..........................
G o o d M id d lin g T in g e d ...............

714

6 78
7 7,«

òhe

5 78
6 6ie
658
73,6

714

5 716
618
6 9.6
6 7e
77.6

57.6
61e
6 9lfi
6 78 »
77.6 1

m o n Tues W ed

415. 6
5 78
63¿
65.6

5
515,6
ß°82
63e

415.6
578
63 .,2
65.6

415,0
5 78
63,2
6 5 ,«

73,6

415,8
5 78
63,2
65,0

5 7 ,«

618

415 16
5 78

6839
65,6

M A R K E T AN D SALES.

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.
SALES OF SPOT AND CONTRACT.
SPOT M ARKET
CLOSED.

Sat’d a y .
M on day
T u esd a y
W ed’d a y
T h u r’ d ’ y
F r id a y ..
T o t a l.

Ex­
p ort.

S te a d y .................
Q u iet a t i , e a d v.
D u ll a t 1,6 d e e ..
Q u i e t ....................
Q u ie t ....................
Q u i e t ....................

.....

Con- Spec- Con­
sump. ut't'n tract.
82
75
28
125
2 29

....

539

....

Total.

Sales o f
Futures.
9 2 ,5 0 0
1 8 3 ,7 0 0
1 6 4 ,6 0 0
1 1 6 ,2 0 0
1 0 3 ,3 0 0

400

82
1 ,1 7 5
128
1 25
229
4 00

1 ,600

2 ,1 3 9

7 6 1 ,3 0 0

1 ,1 0 0
100

1 0 1 ,0 0 0

568

THE CHRONICLE.

í*ifis áALfiá! awl P rices OF F utures are shown by the
fallowing comprehensive table.

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East Indian, B razil, <£c. •

M id d lin g U p la n d , L i v e r p o o l..
M id d lin g U p la n d . N e w Y o r k ..
E g y p t G o o d B row n , L iv e r p o o l
P e ru v. R o u g h G o o d , L iv e r p o o l
B ro a ch F in e, L i v e r p o o l . . . ___
T in n e v e lly G o o d , L i v e r p o o l ..

9

19 ^
1 ©O ©
1^O ©
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COTO CJ»

8 t ° c k a t L i v e r p o o l..........b a le s . 1 ,8 1 6 ,0 0 0 1 ,8 5 9 ,0 0 0 1 .6 4 ? ,0 0 0 1 .7 3 4 .0 0 0
s t o c k a t L o n d o n ..........................
5 ,0 0 0
7 ,0 0 0
5,000
17)000
T o t a l G r e a t B r ita in s t o c k . l,S 2 l,< )0 0 1 ,8 6 6 ,0 0 0 1 ,« 4 6 .0 0 0 O e f O O O
Horuhnur,
on
aaa
oj aaa
, ^ ,-v
'
. ' . 1
3
0 ,0
00
S to c k n
a.T
t. H
a m b u r g .......................
2 4 .0 0 0
1 3 .0 0 0
3 ,4 0 0
335,000 210,000 1 6 3 .0 0 0 1 5 1 .0 0 0
S to c k a t B r e m e n ...... ....................
S to ck a t A m s t e r d a m .................
2 0 ,0 0 0
1 6 .0 0 0
1 6 .0 0 0
2 8 ,0 0 0
S to c k a t R o t t e r d a m ... ..............
200
200
200
300
S to c k a t A n t w e r p ........................
7 , 0 uu
1 9 .0 0 0
7 ,0 0 0
5 .0 0 0
5 0 0 ,0 0 0
S to ck a t H a v r e ..............................
4 7 5 ,0 0 0
4 2 5 .0 0 0
3 7 4 .0 0 0
8 t o c k a t M a r s e ille s ....................
5 ,0 0 0
7 ,0 0 0
10,000
9 .0 0 0
S to ck a t B a r c e lo n a ..................
88,000
7 6 .0 0 0
9 8 .0 0 0
86,000
8 to ck a t G e n o a ..............................
3 5 ,0 0 0
1 6 .0 0 0
1 3 .0 0 0
1 8 ,0 0 0
S to c k a t T r i e s t e ...........................
14,000
1 8 ,0 0 0
1 6 .0 0 0
1 7 ,0 0 0
T o t a l C o n tin e n ta l s to c k s .. 1 ,0 3 4 ,2 0 0 " 8 6 1 ,2 0 0
7 6 1 ,2 0 0
6 9 1 ,7 0 0
T o t a l E u ro p e a n s t o c k s ----- 2 ,8 5 5 .2 0 0 2 ,7 2 7 ,2 0 0 2 ,4 0 7 ,2 0 0 2 ,4 4 2 ,7 0 0
In d ia c o t t o n a flo a t f o r E u r o p e .
6 3 ,0 0 0 1 6 3 ,0 0 0
1 1 5 ,0 0 0
1 4 5 .0 0 0 ’
A HI
na
o flo
flnot
TunAnA
3 03 0 0 0 ” 2‘4^2 ,0 0 0 ------ ------_
’
A
m AF.
e r .oAAtl’
ott’n
a t ffoil
or E
u rop e.
1 9 0 ,0 0 0
3 6 0 ,0 0 0
E g y p t, B i a z il, A c. ,afl t f o r E ’ r ’p e
2 4 )0 0 0
3 7 ,0 0 0
3 1 ,0 0 0
3 1 ,0 0 0
S took in U n ite d S ta tes p o r t s ..
9 2 4 ,5 6 6
7 7 2 ,8 8 1
8 3 5 ,2 0 2 1 ,0 5 4 ,5 5 7
S to ck in U . 8 . in t e r io r t o w n s ..
3 2 3 .9 3 2
2 6 5 ,9 6 6
3 8 0 ,4 3 4
3 9 0 ,4 4 4
U n ited S ta te s e x p o r t s t o -d a y
4 5 ,5 9 7
7_____
,2 9 6
1 6 ,5 0 5
2 1 ,0 7 6
T o ta l v is ib ie s u p p ly ............4 ,5 4 4 .2 9 5 4 ,2 1 5 ,3 1 3 3 ,9 7 5 ,3 4 1 4 ,4 4 4 ,7 7 7

L iv e r p o o l s to o k .............................
1 3 1 ,0 0 0
3 0 2 .0 0 0
2 4 9 .0 0 0 2 6 8 ,0 0 0
L o n d o n s t o c k ................................
5 ,0 0 0
7 ,0 0 0
5 ,0 0 0
1 7 .0 0 0
C on tin en ta l s to c k s .......................
75,200 112,200 1 0 7 ,2 0 0 1 1 0 ,7 0 0
In d ia a flo a t fo r E u r o p e .......... .
6 3 ,0 0 0
1 6 3 .0 0 0
1 1 5 .0 0 0
1 4 5 ,0 0 0
E g y p t , B r a z il, A c ., a flo a t ..........
2 4 ,0 0 0
3 7 ,0 0 0
3 1 ,0 0 0
3 1 .0 0 0
T
o ta l E a s t I n d ia , —
A c ............
--------------------------2 9 8 ,2 0 0
6 2 1 ,2 0 0
5 0 7 ,2 0 0
5 7 1 ,7 0 0
T o t a l A m e r ic a n ..................... 4 ,2 4 6 .0 9 5 3 ,5 9 4 ,1 4 3 3 ,4 6 8 ,1 4 1 3 ,8 7 3 ,0 7 7

HÓ ®
giQOM^
l 9T*
ro
i 05 O 05
I
Ü» CO

©

, LX,

Am erican —
L iv e r p o o l s t o c k ............... b a le s . 1 .6 8 5 ,0 0 0 1 ,5 5 7 ,0 0 0 1 ,3 9 2 ,0 0 0 1,466,000>
C o n tin e n ta l s t o c k s ...............
9 5 9 ,0 0 0 7 4 9 ,0 0 0
6 5 4 ,0 0 0
5 8 1 ,0 0 0
A m e rica n a flo a t f o r E u r o p e .. .
3 0 8 ,0 0 0 2 4 2 ,0 0 0
-------------—6 0 )0 0 0
1 9 0 ,0 0 0 3
9 2 4 ,5 6 6 7 7 2 ,8 8 1
U n ited S ta tes s t o c k .....................
8 3 5 ,2 0 2 1 ,0 5 4 ,5 5 7
U n ite d S ta tes in t e r io r s t o c k s ..
3 2 3 ,9 3 2 2 6 5 ,9 6 6
3 8 0 ,4 3 4 3 9 0 ,4 4 4
U nited S ta te s e x p o r t s t o - d a y .
4 5 ,6 9 7
7 ,2 9 6
1 6 ,5 0 5
2 1,076;
T o t a l A m e r ic a n ........ .
4 ,2 4 6 ,0 9 5 3 ,5 9 4 ,1 4 3 3 ,4 0 8 ,1 4 1 3 ,8 7 3 ,0 7 7

OOI N
I *
:
CO
0 )0 )0 0 )

©©
H©

ol

Of the above, totals o f American and other descriptions are as follow s!

• o„M
or*
CO
©
Oi 05 , © ©
C5© O 05 ©05 © a 050)00)
tCM°H Htó®tÓ toto® to w 1 0 ©
0 © © to CO 0 C ^ CO IO
<1
•4
9

[V

Fs
Cft

43, ed.
4%d.
3916d.
7H ,eo.
8 BsO.
6Hu o.
5i isd.
53,8d.
4%d.
5i3jfld.
6%d.
7 4 id
33ed.
43ed.
5d.
3 is d
3718d.
43ied.
478d.
3 i* d
■***•«* u u u u u cu w u uuiwi due past w e e k n a v e
v&ied.
6 » , 6o.
5 9ied .
53sd.

been 71,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 328,952 bales as compared with the same date
of 1894, an increase of 508,954 bales over the correspondingdate of 1893 and a gain o f 93,518 bales over 1892,
AT the I nterior T owns the movement—that is the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period o f 1893-91—is set out in detail below.

©© >
-u
©C7I F<
»
4 CO!
© © c © ot; M®
Oto O
►
a©
»0
S'

a ©
©©© ©
©©
•sj#k

Ffl

1

CJI
©©© ©

CO
©
> ©© ►
5
9
9
O © ^s to© F<
19 © •
1a “

.iaj
a>
Q
P
»

CW©

99
bb

to
© © 0 05

b©
99
i-M

9

©©^ ©

CO © ©
>
¡J
9 1
’S ©
:
1

09 1 !
© O <1 v|

b

-*

©
f*
►
t
>«

ifB
LC
fc3®tOtCWWfOi-, W
tO*»MMtO«©© COtO CO
IOtO
WT><lK>W
~ © *- C
~* 1©M-B-©OOilB©WM
—r*
* .’ n COCD'.eCJI<XtaifcW
_. . . ... ... ... .. r. . 75
' ‘ *J- ¿M>-lCQCS
co o s a o 1© - l o i c o ’ LOSootoCHaoi—tatocoieto#-©ceM ©M

l I

I I

2
Hf

I a: :

1° i

I Ii

a; :

I I

i a:

i a: i
I IM

I I

* I n c lu d e s sales iu S tv te u io e r , fo r SeuEeinner,
S e p im n o e r O c to b e r , f o r O c to b e r . 2 2 1 ,6 6 9 ; S a p s e ia n e r-N o v e n b e r, f o r N o v e m b e r
413,600; S e p te m b ir -D e o e m b e r , f o r D ecem b er. 1.162.0J ; S e p t e m b e r J a n u a ry , f o r J a n u a ry , 3,175,3 j - ; S e p te m b e r-F e b ru a ry , f o r F e im ia r y 9 0 l .9 o u .
0 ^ W e h a v e I n clu d e d In t h e a b o v e ta b le , a n d s h a ll c o n tin u e e a c h
w e e k to g iv e , th e a v e r a g e p r ic e o f fu tu r e s ea ch d a y fo r e a c h m o n th . It
w ill b e fo u n d u n d er e a c h d a y fo llo w in g th e a b b re v ia tio n “ A v e r .” T h e
a v e r a g e f o r e a c h m o n th f o r th e w eek is a ls o g iv e n a t b o tt o m o f ta b le .

O
ItM • Ul
HH
M
©ifrifeeo:j'i-, io-jtOM~iii»-i^eocotot**u uit’i© M tc© w © w © tc> M
- M (S M COO H O) ^ X tt -J <lif- — :OUICC©iX«OWWt.,W>fcMiCWG:CO
©■-*cnxcouiM<o;D© —comcd® to 0 0 © I í m ®b> ©bi©7~ cj>«0 ©"to
cO cctaM OPi^-l®^©M .c-M xüi©taaoW ®cpM ar>«©M i8.ecj'taM
©MtOlf-'.lCOLOOOOlf-CC'W'-'lf-MOli.COCOB-COCOtaCOlf-MCOCCta

v)I
05»
S tag!

to 1- 1 0 »CJ>5J1• to 00 to to T-to 0 0 C O C O 00 lb-• O» to CClb 0- >f- ib co it© X ia iM. OX|b.t000©wi-‘ © 'in»J©i^; COM© © « © t o © .j i O ®

toxr-if-cn• oaounextoaaw taM ®®- mcocxcjiwowwco«

w cotoon
COo ©lU M
W W © i-ta «i-M ta ® M tO
ro^l
J M • *o<jMCJ»<
MjC0OOC'OO05^Ol35CJlCOCOa™CO©ytO*£tO©
tO^
_
©CO.
OCB»o»-*»tk©C5’fc*CJ*<l©MjCO*-9-*Ci3aoi-»0‘. © ^ '© f-*-*
© © CJI© © 00 0^ |fr© I-* tfr r-OiOOQDO^tOOOKl T<i 00
* L o u is v ille fig u re s “ n e t ” In b o t h y e a r s .
1 T h is y e a r ’s figu res e s tim a te d .
t L a st y e a r ’ s fig u re s re v is e d .

s-S -I

f í? §
2 w

For exchanges see page 572.
T he V isible Supply of Cotton to-night, as made up by cable
and telegraph is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s return s
The above totals show that the interior stocks have decreased
and consequently all the European figures are brought down luring the week 20,904 bales and are now 57,986 bales m ore
to Thursday evening. But to make the totals the complete than at same period last year. The receipts at all the towns
figures for to-night (Mch. 29), we add the item of exports from have been 43,527 bales m ore rhan same week last year and since
thetJnited States, including in it the exports of Fridav onl .
Sept. 1 are 1,768.369 bales m ore man for same time in 189tJ-94.



March

THE CHRONICLE,

30, 1895.]

(Qu o t a t i o n s

for

M id d l in g C o t t o n

at oth er

M ar k e ts,—

B ilow we give closing quotations of middling cotton at South*
ern and other principal cotton markets for each day of the w eek.
CLOSING QUOTATIONS FOB MIDDLING COTTON ON—

March 29.

Satur.

G a l v e s t o n ...
N e w O rle a n s
M o b i l e ...........
S a v a n n a h .. .
C h a r le s t o n ..
W ilm in g t o n .
N o r fo lk ......
B >ston . . . . .
B iltlm o r e .
P h ila d e lp h ia
A u gu sta . . . .
M e m p h i s ....
8 t. L o u i s . . . .
H ju s t o n . . .
C in c in n a t i..
L o u is v ille .

Tues.

M on.

5 i « a„
513.6
5 i3 16
5 *8
53*
53*
53*
6 5 te
61«

6»8

0 » ,6

5>618
5 i i 16
5 i3 lfl
51316
6
5*8

513i6
6
5*8

Thur».

513,6
5 l3 ,e
5 i3 16
515*8
53*
53*
5*8
65,6
6 ia
63*6
5*8
511*6
513,6

513,6
513*6
53*
5*8
53*
53*
5*8
65,6
6 ia
6 ®16
5*8
511*6
5*3*6
513i6
6
5*a

6^8
6 ia
6*8

fila

5*8
5 »4

Wednes.

5 i3 l8
5*8
51-16
516*6
53*
53*
5*8

5 '3 j8
5*8
513j6
M 6ia
53*
53*
5*8

5*8® l5je
5U i6
513,«
513ia
6

513*6
6
5*8

5*8

F ri.
513*6
53*
53*
5*8
53*
53*
5*8
6 5 16
61a
6®i 6
513*6
53*
513,6
513*6
6
515,6

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
A tla n ta . . . . . . . .
51«
C o lu m b u s , G a .
53a
C o lu m b u s , M iss
E u f a u la ............
5*a
R e c e ip t s f r o m

5*16 |N e w b e r r y ___ _
5*8 1 R a l e i g h ............
S e lm a ...... . . . .
5»a
5®,6 | S h r e v e p o r t .....
P l a n t a t i o n s . — The following

L ittle R o c k . . . .
M o n tg o m e r y ...
N a s h v ille ..........
N a t c h e z .............

55*6
53*
5*8
538

the
table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.

Week
Ending—
Feb. 22......
M ch. 1 ......
8 .......
“ 15.......
“
22.......
** 20.......

Receipt» at the Ports. SVk at Interior Tovme. Rec’ptsfrom Plant'ne.
1893.

189*.

55.198
65,0*1
65,575
*7.911
52, 111
62,559

82,891
67,858
70.051
66,630
*9,355
*5,29i

1805.

1893.

189*. I 1895.

91.807 138,891
137,910 433,078
119,835 *19,038
132,381 409,162
123,133 3 9 i.U l
115.-170 3S0 43*

363,821
347,0*0
322,111
301,81*
287,155
2«6.906

422,762
*02,728
888 860
353,976
314,836
823.932

1893.

189*.

62,796
59.2:5
41,535
88,355
87 090
48,.’ 82

69,949 72.2S0
61,O77|117,PO0
*5,122 105,967
*9.233! 97.497
81,096 113,993
24.103 91.51®

1805.

The above statement shows: 1.— That the total receipts from
the plantations since Sept. 1, 1894, are 7,493,615 bales; in
1893-94 were 5,657,756 bales; in 1892-93 were 4,818,367 bales.
2.— That although the receipts at the outports the past week
were 115.470 bales, the actual movement from plantations was
only 94,588 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 24,103 bales and for 1893 they were
48,582 bales.
O

verland

M ovem ent

fo r the

W

e e k a n d s in c e

Sept. l .—

W e give below a statement showing the overland movement
for the week and since September 1. A s the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given.
This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Mch. 29
and since Sept. 1 in the last two years are as follows:
1 8 9 4 -9 5.

March 29.
Week.

Since
Sept. 1.

1 8 9 3 -9 4 .

Week.

Etne*

Sept. 1

Shipped —
2 2 ,2 94
5 ,0 3 0
V ia L o u is v ille ...............................
V ia < i u c i i i n a t i ...........................
V ia o th e r ro u te s , & o .....................
T o ta l sToss o v e r l a n d . . . . . . . . . .

189
3,2 U
4 ,1 9 2
1,3 0 5

8 1 5 ,8 6 5
3 0 0 ,7 6 1
5 45
3 ,5 2 6
1 5 5 ,0 0 2
1 5 1 ,0 9 1
1 1 8 ,4 6 3

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

Deduct shipments —

17,888
2 ,3 2 6
2 00
3 ,1 2 1
1 ,3 1 6
1 ,1 6 5

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

1 6,0 18 1 ,0 5 5 ,7 3 0

In la n d , & c „ fr o m S o u t h . . . . . . . . .

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

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

1,3 0 0
25
1 ,9 4 6

2 51 ,78 1
2 1 ,4 1 7
8 0 ,2 3 1

T o ta l t o h e d e d u c t e d . . . . . . . . . .

1 9 ,1 2 0

5 1 1 ,4 9 2

3 ,2 7 1

3 5 3 ,4 2 9

L e a v in g to ta l n e t o v e r la n d * .. 17,151 1 ,0 3 3 ,4 6 3 1 2 ,7 4 5
* I n c lu d in g m o v e m e n t b y ra il to C an ada.
i R e v ise d .

7 0 2 ,3 0 1

O v erla n d to N. Y ., B oston , & c ..

The foregoing shows that the week’s net overland movement
this year has been 17,151 bales, against 12,392 bales for the
week in 1894, and that for the season to date the aggregate net
overland exhibits an increase over a vear ago of 331,162 bales,
I n Sight and Spinners'
Tattings.

1 89 4 -9 5.

Week,

Since
Sept. 1.

R e c e ip ts a t p o r t s to M ch. 2 9 ......... 1 1 5 ,4 7 0 7 ,2 2 7 ,0 1 8
N e t o v e ila n d to M ch. 2 9 ...............
1 7 ,1 51 1 ,0 3 3 ,4 6 3
S o u th ern c o n s u m p tio n t o Moh. 29 1 6 ,0 00
5 1 8 ,0 0 0

1 89 3 -9 4

W eek.

Sine*
Sept. 1

4 5 ,2 9 2 5 ,4 6 7 ,9 5 6
7 0 2 ,3 0 1
1 2,745
4 9 1 ,0 0 0
1 5 ,0 0 0

T o t a l m a r k e t e d ...... ................... 1 4 8 ,6 2 1 8 ,7 7 8 ,4 8 1 7 3 ,0 3 7 6 ,6 6 1 ,2 5 7
*20,1.01
1 8 9 ,8 0 0
2 6 6 ,5 9 7 *2 1 ,1 8 9
I n t e r io r s to c k s in e x c e s s ....... ...
C am e in t o s ig h t d u rin g w e e k . 1 2 7 ,7 1 7
T o ia l in sig n o M ch . 2 9 ..............
9 ,0 * 5 ,0 7 8
N o rth ’ n s p in n e rs ta k ’ s s to M c h .29
* D e c r e a s e d a iin g w eek.

3 7 .5 1 9 1 ,8 2 3 ,"3 7

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

It will be seen by the above that there has come into sight
during the week 127,717 bales, against 51,848 bales for the
same week of 1894, and that the increase in amount in sighi
to-night as compared with last year is 2,194.021 bales.




569

W eather R eports by Telegraph .—Our telegraphic ad­
vices from the South this evening are as a rule of a very sat­
isfactory character.
The temperture has been higher in
general during the week and dry weather has prevailed over
the greater part of the cotton belt. A s a result of these
favorable conditions farm work has made very good progress
almost everywhere, but is of course not as well advanced as
in the preceding season.
Galveston, lex a s. — W e have had no rain during the week.
The thermometer has ranged from 53 to 77, averaging 65.
Palestine, Texas.— It has rained on day of the week, but to
an inappreciable extent. Average thermometer 69, highest
84 and lowest 36.
Huntsville, Texas.— W e have had only a trace of rain dur­
ing the week. The thermometer has averaged 60, the highest
being 82 and the lowest 38.
San Antonio, lex a s. — W e have had rain on one day of the
week, the precipitation reaching six hundredths of an inch.
The thermometer has Tanged from 50 to 78, averaging 64.
Luling, Texas.— Dry weather has prevailed all the week.
Average thermometer 62, highest 81 and lowest 47.
Columbia, Texas.— W e have had no rain during the week.
The thermometer has averaged 65, the highest being 82 and
the lowest 48.
Cuero, Texas.— It has been dry all the week. The ther­
mometer bas averaged 67, ranging from 51 to 83.
Dallas, Texas.— Cotton-plantin ' is progressing finely over
Southwest Texas and the coast district, but is slightly behind
the average date in those localities. Farmers are getting
their ground ready for planting over the other portions of
the State. Corn-planting has progressed rapidly during the
past week and the weather has been exceptionally fine for the
purpose. Rain is needed over the western portion of the
State to insure a good stand, as the supply of moisture in the
earth’s surface is hardly sufficient to sustain the growth of
the plant. Farmers are generally behind with their work.
A good rain would be beneficial. There has been no rain
here the past week. The thermometer has averaged 58,
ranging from 36 to 79.
Brenham, Texas.— There has been rain on one day of the
past week, the precipitation being one hundredth of an inch.
The thermometer has ranged from 44 to 84, averaging 64.
Belton, Texas.— W e have had rain on one day of the past
week, the rainfall reaching twenty hundredths of an inch.
Average thermometer 62, highest 86 and lowest 87.
Fort Worth, lexa s.—It has been dry all the week. The
thermometer has averaged 60, the highest being 83 and the
lowest 36.
Weatherford, Texas.— There has been no rain during the
week. The thermometer has averaged 58, ranging from 34
to 82.
New Orleans, Louisiana.— W e have had rain on one day of
the past week, the rainfa.ll reaching three hundredths of an
inch. Average thermometer 65.
Shreveport, Louisiana.— There has been a trace of rain on
two days of the week. The thermometer has ranged from 46
to 84, averaging 65.
Columbus, Mississippi.— The weather has been favorable
and dry during the week. The thermometer has averaged
58, the highest being 82 and the lowest 45.
Leland, Mississippi.— The weather has been dry all the
week. The thermometer has averaged 60’4, ranging from
42 to 81.
Meridian Mississippi.— The weather has been pleasant dur­
ing the week and plowing is general. Preparations for th e
next crop are, however, from four to six weeks late. Cotton
acreage will be less and grain area more than last year.
Little Rock, Arkansas.— There has been rain on two days
duiiog the week, the precipitation reaching forty-eight hun­
dredths of an inch. Average thermometer 64, highest 87 and
lowest 41.
Helena, Arkansas.— Farm work is now being rushed. In­
dications are that the acreage of cotton will be a little less
than last year and that corn area will be slightly increased.
There has been rain on one day of the week, to an inappre­
ciable extent. The thermometer has averaged 64, the highest
being 86 and the lowest 48.
Memphis, Tennessee.— The weather has been favorable dur­
ing the week and farm work is progressing rapidly. W e
have had showers on two days,.the precipitation reaching
seventeen hundredths of an inch. The thermometer has
averaged 63 9, ranging from 42 to 86‘7.
Nashville, Tennessee.— Rain has fallen on two days of the
week, the précipitation being thirty-eight hundredths of an
inch. The thermometer has ranged from 35 to 78, averag­
ing 56.
Mobile, Alabama.— Planting preparations active but very
backward. There has been no rain all the week. Average
thermometer 61, highest 80, lowest 47.
Montgomery, Alabama.— The weather has been fine all the
week and good progress is now being made by planters.
They aie rapidly catching up with their work. The ther­
mometer has averaged 61, the highest being 72 and the low­
est 50.
Selma, Alabama.— W e have had no rain during the week.
The thermometer has averaged 60, ranging from 43 to 78.
Madison, Florida.— Dry weather has prevailed all the week
and considerable progress has been made with plinting. The
thermometer has ranged from 43 to 79, averaging 63.
Columbus, Georgia.— W e have had no rain the past week.
Average thermometer 59, highest 74, lowest 40.

570

THE CHRONICLE

Savannah, Georgia.— It has been dry all the week. The
thermometer has averaged 59, the highest being 84 and the
lowest 41.
Augusta, Georgia.— Although rain has fallen on two days of
the week, the precipi anion ha? been too sm ill to measure.
Tne thermometer has averaged 56, ranging from 87 to 83.
Albany, Georgia.—Cotton acreage will be materially re­
duced in this section. There has been no rain all the week.
The thermometer has ranged from 43 to 71, averagiag 55.
Charleston, South Carolina.— W e have had no rain all the
week. Average thermometer 56, highest 81, lowest 40.
Stateburg, South Carolina.— There has been a trace of rain
on one day of the week. The thermometer has averaged 51*3,
the highest b jing 70 and the 1 >west 34.
Wilson, North Carolina.— Dry weather has prevailed all the
week. The thermometer has averaged 50, ranging from 23
to 78.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock March 28, 1895, and March 29, 1894.
Feet.

Feet.

9 0
23 8
21-9
5-7
27-8

13-3
2 2-0
131
31-4
43 0

The receipt3
and shipments of cotton at Bombay have been as follow s tor
the week and year, bringing the figures down to March 23.
I n d ia C o t t o n M o v e m e n t F r o m

all

P

o r t s.—

BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.

Shipments this week.
Shipments sin ce Sept. 1.
t e a r Great Conti­
Great
C onti­
Total.
Total.
B rit’n. nent.
B ritain nent.
*94-5
'9 3 -4
*92-3
9 1 -2

3 ,0 0 0
3 6 .0 0 0
1 5 .0 0 0
2 4 .0 0 0

¿"0ÖÖ 2 6 .0 0 0 30,060
2 5 .0 0 0 2 5 .0 0 0
4 ,0 0 0 2 7 .0 0 0 3 1 .0 0 0

1 1 7 .0 0 0
3 4 3 .0 0 0
3 3 7 .0 0 0
2 4 6 .0 0 0

Shipments fo r the week.
Great
B ritain.

Oontinent.

C a lc u tt a —
1 8 9 4 -9 5 ...
1 8 9 3 -9 4 ...
M 'o o
M a d ra s —
1 8 9 4 -9 5 ...
1 8 9 3 -9 4 ...
A ll o t h e r s —
1 8 9 4 9 5 ...
1,000
18939 4 . ..
X o t a l a ll—
18949 1 ...
1 .0 0 0
1 .0 0 0
1 8 9 3 -9 5 ...

2 ,0 0 0
8 .0 0 0

Receipts
This
Week.

Since
Sept. 1.

59 000
5 97 .00 0
5 3 0 0 0 1 ,0 0 3 ,0 0 «
7 5 ,0 0 0
8 0 3 ,0 0 «
6 5 0 00
7 5 0 .0 0 0

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

Shipments since Sept.
Great
B ritain.

Total.

Continent.

Total.

1 0 ,0 0 0
8 ,0 0 0

9 ,0 0 0
2 6 ,0 0 0

1 9,006
3 4,000

2,000

1 3 .0 0 0
2 3 ,0 0 0

1 2 ,0 0 0
1 7 ,0 0 0

25,000
40,000

1 .0 0 0
3 .0 0 0

1 5 ,0 0 0
2 4 ,0 0 0

2 7 .0 0 0
3 3 .0 0 0

4 2 .0 0
57.0 00

3 8 .0 0 0
5 5 .0 0 0

4 8 ,0 0 0
7 0 .0 0 0

131 .00 0

5 ,0 0 0

6,000

2,000

3 ,0 0 0

3 ,0 0 0
9 ,0 0 0

86,000

1 8 9 4 -9 5 .

Receipts to M arch 29.

1 8 9 4 -9 5.

This
week.

1 8 9 3 -9 4 .

Since
Sept. 1.

This
week.

189 2 -9 3

S ince
Sept. 1.

This
week.

Since
Sept. 1.

B o m b a y .............
A ll o t h e r p o r t s .

3 ,0 0 0

1 2 0 ,0 0 0
8 6 ,0 0 0

3 0 ,0 0 0
9 ,0 0 0

3 8 2 .0 0 0
1 3 1 ,0 0 0

2 5 ,0 0 0
5 ,0 0 0

3 52 .00 0
94,0 00

T o t a l . . ___

3 ,0 0 0

206 000

3 9 ,0 0 0

5 1 3 ,0 0 0

3 0 ,0 0 0

4 4 6 ,0 0 0

A L E X A N D R IA R e c e i p t s a n d S h i p m e n t s . — Through arrange­
ments we have made with Messrs. Davies, Benachi & C - oi
Liverpool and Alexandria, we now receive a weekly cable of
the movements o f cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past wees and for the
corresponding week of the previous two vears.

Alexandria, Egypt,
March 27

1 8 9 4 -9 5 .

1 8 9 3 -9 4

1 892-93.

4 0 ,0 0 0
4 ,4 3 1 ,0 0 0

7 0 ,0 0 0
4 ,* 3 1 ,0 0 0

1 5 ,0 0 0
5 ,9 4 5 ,0 0 0

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

This
Sinct
week. Sept. 1.

6 ,0 0 0 2 3 6 .0 0 0
5 ,0 0 0 2 6 5 .0 0 0

9 .0 0 0 2 7 0 .0 0 0
3 .0 0 0 2 0 1 .0 0 0

4 .0 0 0 2 4 8 ,0 0 0
2 .0 0 0 2 3 8 00C

T o t a l E u r o p e .......... 1 1 ,0 0 0 5 0 1 ,0 0 0 1 2 ,0 0 0 4 7 1 ,0 0 0
* A c a n t a r Is 9 8 p ou n d s.

6 ,0 0 0 '4 8 6 ,0 0 0

R e c e ip ts ( c a n t a r s * )....
T h is w e e k . . . .
S in ce S ept. 1

B x p o r t s (b a le s )—
T o L iv e r p o o l . . . . . . . .
T o C o n t in e n t .......... ..

M a n c h e s t e r M a r k e t . — Our report received by cable t o
night from Manchester states that the market is s t jady for
both yarns and sheetings. The dem ind for yarn is poor.
W e give the prices for to-day below and leave those for
previous weeks of this and last year for comparison:
1895.

344 lbs.
Shirtings

tott’n
Mid. 32* Cop
Twist.
(Tvld*

.
A 9
lOks
0
10 ® 5 1 l
10*3 0 6 0
11 » 6
1
0 ®6 1^
0 » 6 l 1«

<1
4
3*33 63s
3
63a
6*a
6 3 ie 6 1«
6*«
.39
35lfl ö^ ie

<2* Oop.

Twist

i
F b . 22
M o h .l
“
8
« 15
“ 22
« 29

4 7s
4 i3i a ® 5 'a
4 78 ® 5*a
5
® 5 °8
5*4 ® 513I6
544 » 5 1 3 10

3
3
3
3
4
4

1894.
844 lbs.
Shirting*

n.

+.

® 7 1«
® 7 i8

5
5
5
5
5
5

»7 4 4
»7 * 4

»744
»744

1

a

343 » 7
34a 57
3 ®7
3 »7
3 ®7
3 »7

3
3
2
14a
l ’a
Ik

7on

Mid
"'nl
,> •
43 lg
4 316
4316
44«
41«
4*in

S e a I s l a n d C o t t o n M o v e m e n t . — W e have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week, The




Stock

1 89 3 -9 4.

This
Since
This
Since
week. 8ept. 1 . week. Sept. 1. 1 89 5 .

189 4 .

S a v a n n a h ...................
C h a r l e s t o n . .,. ._____ . . . .
F lorid a , & e ..........................

1 92

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

93
17

5 3 ,7 9 7
2 ,2 0 8
3 ,411

2,7 7 7
2 88
9 74

4 ,6 0 2
842
1,9 9 6

T o t a l................................

1 92

7 4,1 43

1 10

5 9,4 16

4 ,0 3 9

7 ,4 4 0

The exports for the week ending this evening reach a total
of 221 bales, of which 221 bales were to Great Britain, —
to France and — to Reval, and the amount forwarded to
Northern mills has been 120 bale3. Below are the exports
for the week and since September 1 in 1894-95 and 1893-94.
Week Ending Mch 29.
Exports
from —
S a v a n n a h ...
Charl’ t ’n .& c
F lorid a , & o.
N ew Y o r k ..
B oston . . . . .
B a lt im o r e . .

Since Sept. 1 ,1 8 9 4 .

Worlh’n Mills.

Great Fr’nce
Great Fr’nce
Total. Brit'n.
Total.
Bril'n.
<tc.
Ac.

.... ....
...
" 22Ì
..........

T o t a l .........

221

T otal 189 3 -4

120

120

Since
Week. Sept. 1 .

18,085
2 ,9 1 3
765
3 .9 0 6
2 2 1 7 ,0 4 4
2 52

2 ,208 20,293
53 2 ,9 6 3
7 65
2,7 7 8 6 ,6 8 4
7 ,0 4 4
252

2 21 3 2 ,9 6 5

5 ,0 3 9 3 8 ,0 0 4

1 20 3 3 ,3 8 6

2 40 29,66%

3 ,7 6 0 33,4 25

1,0 8 0 2 0 ,3 1 3

...

120 2 7 ,8 7 4
1 ,3 4 0
4 ,1 7 2

....

..........

..........

A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltimore, Instead of including this cotton for
the week in which ii leaves the Southern outports, we follow
t ie same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week will be found
under the head “ Shipping News,” on a subsequent page.
Quotations March 29 at Savannah, for Floridas, common,
8c.; medium fine, t l ^ c , ; choice, I5%c.
Charleston, Carolinas, medium fine, 22c. to 24c.: fine, 28c.;
extra fine, 30c. to 35c.
D o m e s t i c E x p o r t s o p C o t t o n M a n u f a c t u r e s . — Through
the courtesy of Mr. W . C. Ford, Chief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for Febuary and for
the eight months ended Feb. 28, 1895, with like figures for the
corresponding periods of the previous year, and give them
below:

ruantities of Manufactures of Oot■ Month ending F e b . 28.
ton (colored ana uncolored)
1804.
exported to—
1805.

EXPORTS TO EUROPtil FROM ALL IMFIa .

Shipments
to a l t E urope
from —

LX.

ol,

receipts for the week ending to-night (March 29) and since
Sept. 1, 1894, the stocks to-night, and the same items for the
corresponding periods of 1893-94, are as follows.

.äfcA. 2 8 , ’ 95. Mch. 29, ’ 9 4
N e w O r le a n s . . . .
M e m p h is ..............
N a s h v ille .............
S h r e v e p o r t ........
V ic k s b u r g ............

[Y

le r m a n y ..................................
France........................................
liner countries in E urope....
Iritish North A m erica..........
Mexico............................... ...
Central American States and
British Honduras................
Juba...........................................
Puerto R ic o ........... ............. .
lanto D om ingo........................
)ther vVeat Indies..................
Argentine Republic................
United States o f C olom bia...
Other countries in S. A m erica
C h i n a . ....................................
Brit. Posses’ns in Australasia
British India and East Indies
Other countries in Asia and
Oceanica.................................
Africa.........................................
ither countries........................
T otal yards o f above.......
Total values o f a bov e........
'a lu e per yard................ . .........

Cotton exported to—

United K ingdom ...............................
lerm any..............................................
France................. ...............................
Ither countries in Europe.............
Iritish North Am erica.....................
d e x ico .................................................
Central American States & British
Honduras........................................
Cuba ...................................................
Puerto R ic o ........... ...........................
Ian to Dom ingo.................................
Ither W est Indies...........................
Argentine Republic..........................
United States o f Colom bia.............
ither countries in So. A m erica....
China....................................................
British Australasia .........................
Iritish India and E ist Indies.. ..
Other countries in Asia and
Oceanica................................... .
Africa..................................................
'ther countries.................................
Total value o f other m anufac­
tures o f ..............................
Aggregate value o f all cotton goods

1,018.860
98,140
25,21(3
137,711
329,860
752.972
18,738
300
67.880
1,059.158
96,318
284,349
508.355
2,912,677
1,874,334
6,717
136,000
146,043
1,0.7,478

8mos. ending F e b . 2 8 .
1895.

1894.

1,300.268
19,708
103,750
30,832
126,126
2.2,325

6.188,788 6,644.240
1,349.136 1.053.486
1.092
13 .913
30 J.946
342.015
3.442,3 »5 13.957.804
3,799,u52 3,483.454

808,035
1«,360

8.981.636 4.347.404
152,529
288,579
1»'1,7 0
352.203
1.068. “20 3.492,650
9,191,260 9.856.420
1,533.978 3.533,397
19.173.801 12.275.717
3.802.481 1.872 818
14 937.412 14.319.413
21.658.837 33.719.707
293.124
414.718
3,760,820 4.587,292

688.932
1,152.73;
80.«O
840,324
290,943
1.351 97 1
3,968 932
14,234
843,33;
1,231,718
485,390
458,85 »

5.8'3.518
6.965,410
9,232,072

4,528,58«
1.278,017
5,566,576

10,501,200 13,985,383 120.990,264 125 945,589
$548,»22
$820,290 $7,0(0,452 $7,987,740
$-0523
$-0684
$-0632
$-0585

$10,370
17,398
755
4.880
111,3 '2
18,277

$21.839
9,300
317
8,305
83,733
11,401

$126.137
11 .796
31.860
890,659
91,108

$253.228
84.359
7,655
67,628
687,996
95,031

20.696
4,333
613
670
4,807
308
4,284
919,
4,623
50
4,608

7,576
5,“ 74
776
1,407
4 094
580
6,550

98,601
29,«55
3.253
6.024
42.296
12.693
85,006
25,233
41,725
10.784
56,0i'8
1,361

40.211
40.302
5,120
10,541
42.444
28.773
62.443
28 907
33.731
6,885
49,797
808

13,251
684
238

21,309
700
424

141,409
9,091
11,546

178.987
6012
8,309

2,888

2.342
293
4,846

6.408

$218,480
$193,874 $1,832,930 $1,745,860
$767,307 $1,014.173 $8903.382 $0,733,600

J u t e B u t t s , B a g g i n g , & c . — The market for bagging daring
the week under review has been dull, but prices are nominally
unchanged. The close this evening is at 4 ^ o . for 1% lbs.,
43^c. for 2 lbs. and 4% c. for standard grades in a j ibbing way.
Car-load lots of standard brands are qu >ted at 4j^c, for 1%
lbs., 4% c. for 2 lb3. and 5c. for 2J^ lbs. f. o. b. at New York.
Jute butts are very quiet at 1 l-16c. for pip?r quality on the
spot.

THE CHKON1CLE.

March 80, 1895.]

W e a t h e r R e c o r d f o r F e b r u a r y . — Below we give ther­
mometer and rainfall record for the month of February this
year and previous months of last year and the two preceding
years. The figures are from the records of the Weather
Bureau, except at points where they have no station, and at
those points they are from records kept by our own agents.
D ecem ber.

J a n u a ry.

F eb ru a ry.

1894. 1893. 1892
—
—
—

1894 1893. 1892
—
—
—

1895. 1894. 1893
*
1

1895. 1894. 1893

78"" 74-0 77-0
25-0
29-h
49-4 50-0 49-0

72-0 73-0 72-0
13-< 28-0 19-0
440 45-' 40-0

700 08-0 07-0
15-0 29-0] 5*0
40 0 44"0 30-4

08-0 740 70-0
2 0 210 230
32-0 43-0 42-0

T h erm o m e ter

—

---------

VIRGINIA
N o r fo lk .—

H ighest..

Average..
N. C A R ’LA
W u m in g to r i

74-t 74-0 77-0
14-0 31-0 22-0
49-' 51-0 470

72-0 75-0 78-0
20 0 21-0 20-0
40-7 47-8 47-J

70t 73-ti 70-f
12-0 18-" 2-0
41-9 43-0 38-4

78 0 74-0 790
24" 21-0 20-0
48-0 49-0 49-0

69-0 08-0 09-0
2-u 25-0 18-0
43-C 45-0 42-0

78-0 74-0 79-0
23"0 20-0 2 0"
A vera g e... 48-3 48-8 48-0
M o r q a n tcn —
75-0 71-(> 09-C
20-0 15-0 13-1
A v era g e... 44-0 43-1 43'9

71-0 74-0 68-0
lo-o 21-0 n o
44-0 44-0 40-0

74-0 75-0 70 t
20-0 s r o : 13
40-0 T i 39 0
07-" 87-0 01-0
lt-0 24-0 —9*0
3--3 42 0 23"2
60-0 04-0 07o
3-0 24‘0 5 "
39-0 450 32'0
09-0 09-0 05-0
60 25*0 2-0
390 410 30 h

000 03-0 08-t
5-< 14-0 9-0
S7'4 80-6 37-2

02-t. 58-0 68-0
16-0 —V*
o30-9 85*3 27 4

W e ld o n .—

Average..
C h a rlo tte—

A verage..
R a le ig h —

74-0 70-0 700
10-0 25*0 81-0
37-4 60”0 52-3

B ta te b u r g .—

Highest....
Average..

70-0 78’. 82-0
88'0 33-' 29-<
570 58-0 57-0

73-' 73-0 70-0
140 33 0 25-Ü
52-0 54-0 52-0

780 74-0 79-7
28-0 25-0 22-0
52-1 53-0 51-s

75*.
60
4S-.

H ighest.... 77T 80-f 79-6
L ow est.... 27-0 25-0 210
A v era g e.» 52’9 535 534

E vergreen —

H igh est.... 74-0 77-0 82-0
18'0 10-0 29-'
Lowest ..
A vera g e... 49-5 500 59-t

74-0 720
27-0 19-0
49-9 40-5

74-7 74-2 70-f
8-0 20-4 0-0
48'8 53-0 47-1
74-t 71-0 70-0
7-0 17-0 2546-. 45 9 44-7

72-0 71-0 09-0
22-0 800 200
490 530 48-0

72-0 74-0 045 75-0
90
12-0 290 120
45-1 491 37 8 37-8
73-0 74-0 710 75-0
8-0
10-0 27-0 3*0
45*2 49-2 380 87-3
71-o 800 70-0 74-0
8 0 21*0 4-0 -0 -0
41-0 40-4 37 0 34'2

A tla n ta .—

H igh est...
L o w est...
A verage...

F o r s y t h .—

H igh est..
L o w est...
A verage...

72t 73-0
10-' 32-0
45"3 44‘0

70"0 77-0
81-t 25-'
54-t' 53-t

74-0 780 710.
23-0 32*0 t8C
50-0 54-0 XPO

78-0 78-" 81-0
12-0 29*0 340
430 64-0 57"U

72-0 74-0 88-'
27-0 32-'
52 0 53-3 54-i

07-0 R2-0 06-t
8-0 25"ti 19-c
48'0 46-8 45*<'

09-0 73-0
22-0 37*0
48-0 52-0

78-0 84-1 82-'
20-0 38o 3355-7 59"-i 57-0

78-t
10-t
53-.

63-0 70-0 0318-0 25‘" 140
43-0 48-8 300
74-< 74*0 74-0
150 31*0 1048-1 53-7 447

71*0 74-0 70M
21-0 21-0 2449-5 50-8 498

J a c k s o n v ille .

78*0 74-0 70-0
9-0 25-0 23-t
49-0 50-0 48-2

78-t
12-(
54-t

82-' 7020" 24-t
55-3 51-4

70-8 880. 70-0
0-0 19-0 ,30-0
34-4 45 0 40'2

78'C 78-t 78-0
8-0 20" 30-0
41-9 52-9 5 i ti

litu s v ille —

H ighest...
L o w e s t...
A verage..

T a ll a h a s s e e —

H igh est...
L ow est__
A verage...

79’" 79"
22-0 20-o
A verage... 52- 5l"8
84-0 79-0 79-c
24-0 20-0 24"
55-7 531 50-2
Average..

70-" 71" 75-'
7-0 20" 1344-0 40-0 43-7

70-0 07"'
80
5-0
49'9 4 P 1

75-0 700 73 0l-n 10-0 20-0
30-0 42-7 49-3

8i"0 73-" 790
0-0 20- 10'
53-9 47-1 4 8 -

78-0 75-0 70-0
14-0 14'
1548'2 45'5 45-5

80-0 700 76-0
2-0 19-0 280
40'2 40 2 50-7

770 74" 7 8"
9 0 31-0 13"
43-0 48-0 44-3

74-0 73-" 72-"
140) io8-0
45-0 43-0 400

75-0 70-0 75-0
40) 23-C 29-0
40-0 49- 53*5

75-0 7010-0 220'
44 0 49"

70-0 73" i 750
210 17'0 130.
40-0 44*0 43-'

70-0 75-" 80-010-0 23-0 i 8 0
37-7 50-0 53-9

75-0 780) 750
27" 24-0 29"
50-« 50-0 50-0

70-0 69-' 701(.*0 18" 10"
45*2 40-2 40-1

73-0 72t 70"
72 0 07"' 71-012-" 1* IP
- 2 - " 230 190
37-2 44-0 39-0 34'6 4P2 42'6

74-0 74-0 78-'
24-0 21"' 20"
395 50-0 51-0

72-0 70*
8u 1945*4 44-'

7418"
4P

75-0 72
09
0"
012*
39"2 45'4 33-4

14-n 07-0 06-0
o-o 17-0 18-0
32-4 42-T 45*0

73-0 71-n 72-«
3-0 100) 90
44-0 400 39-1

73 0 77- 7005‘" -7 "
34-0 420 37-0

74-" 07-0 00-0
- 7 " ' 15-0 13*0
Si-o 40 0 40-0

74-0 740) 78-0
8-0 201 1740-o 47- 472

78 0
12-u
40-2

K o s c iu s k o —

H ighest...

75-0 750
20-0 25"0
A verage... 48’" 49-0

H e le n a —

Average...
F o r t S m ith —

76- 700 74*0
20-0 20-0 29-0
A vera ge... 49" 47-0 49*2

C a m d en —

83-0 810) 75-0
83-0 400 29-0
01O 03-2 532

77-0 8i"0 80-0
19" y5*« 4V0
53-0 01-2 00-0

70-0 73-6 78-'
80-0 81-t 32-C
57-7 59'J 55*(

77-0 72-0 77-5
12-' 30-1 24‘.
540 559 54-2

720 72-5 720)
22-" 330 23-t
5U 3 55-8 450

75-0 77-. 78-0
11-t, 28-' 37-0
440 54'3 59'8

02-0 05-0 01050 60 0 70-Q
1- —10 10-0 13"0
4 0 O'"
30-0 45 1 34-2 30'9 40-3 44*3

80-0 70-0 75-0
18'0 12-0 12-t
400 451 43-8

oo-o 00-0 09-C 40-0 00o - * 15*0 70 —1:0 - 2 '
40-0 39'2 30'f 8oV 4P

79-0 79-C 80-0
41-0 43"' 44-0
038 03-7 65*4

77-0 74-0 70-t
91-0 -370) 25""
58\- 00-4 50-2

71-0 73-0 70'
37-"
31-0 24
53-4 58-0 53-4

73-0
65-0 75'
15-0 23" 37*0
43-0 536 62*6

82'0 8io> 820
29-0 30-0 34"'
59-0 55-0 0'J-O

8i-0 80-0 800'
8-« 20-0 15-"
53-0 51-0 480

78 0 79-0 70'5
IS;
4-0 22"
4tj" 51-0 48-2

70-0 81-0 78-5
loi 18-0 32*5
40'u 470 50*5

80 0 80-0
83") 30"'
58-2 50-3

19-0 80-0
29-0 20-0
50-1 62*1

08-0 79-0 790
22-0 15-0 23-'
4 P0 53-1 47-0

77-0 79-0
23-0 25'0
48-4 47*6

79-0 80-0 810)
23-0 20-0 31-0
A vera g e... 60-0 51-0 552

78-0 81-0 780-0 21-0 18-0
43-0 bl-0 4a-0

700 78- 70-0 73 0 14-0 75-0
5-0 40. 180) -4 0 ) 150 10"9
42-0 45-0 45'0 33 0 4P0 44*4

850) 80-0
33-0 32-0
590 01-8

84-0 83-0 80-t)
-20-" 30-0 220:
55-7 59-0 53-4

79-" 81- 7«*t
25*0 10-0 20-0
510 500. 53 o

790 83-0 84-011-0 25-0 30-0
4EO) 52-0 56"0

84-0 92-0 83-0
22-5 32-0 30-0
01-tf 58-7 01-5

77" .’i 77-5 89-5
11-5 30-0 18-0
55-8 50-1 54-9

79-5 80-0 780'
20-"
20-5 IP
50*2 5 3 « *1-0

80-5 74-0 77-5
0-5 29’5 32*5
42-2 49-1 54*4

80-0 83-5 81-0
30-0 29-0 30-0
50-8 55-1 58-3

77-t) 79-0
10-0 19-0
51*i 51-s

78'5 780
100
7-0
457 50-3

78-0 80-0
2-0 190
407 50"5

85-0 81-0 75-0
20-C 30 l«-0
52" 48-0 48-t)

75-0 71*0 78-0
80 16-0 10-0
440 44-5 48-0

Average...

Average.^ a U s t l n e .—

A verage...
414 9t i n . —

Average..
A b i l e n e .—

A verage...

A verage...

Average.
A r lin g to n —
Average...

H igh est... 78-0 77-0 SO-i
L o w es t.... 29-0 32-0 30-t
A vera g e... 57*2 58-0 58-0

73-0
77-t
10-0 20*0 20-0
64-0 50-o 52-0

-2- 77-0 09-0
21-0 240 22-0
49-0 55*0 40-0

73-0 77-0 72-0
2-0 30-0 300
44-0 53-0 580

R a in fa ll.

80-0
28-0
550

75-0
23-0
48-8

75-0
28*0
50'S

87-0
20 0
58-0

78-i
83-t
60-2

00 0
23'0
5'J-o

70-0
13-0
60-4

87-0
27-0
02-0

74-0 770
J0-(J *0'0
46-0 50-4

72-0 08-C
TO 21-0
44-0 43-0

09-0 07-0
90
3-0
39-0 45-0

N e w to n —

H igh est...
L ow est...
Average.

B irm in g h a m

H igh est...
L ow est....
A vera g e...

tees

Days rain..
81-0 79-0 79-0
2l-o 83-0 230
58-0 58-1 50-0

77-0 79-0 72-0
27-0 280 29-0
520 59-0 590

74-0 78 0 79-0
100 32 0 39‘0
45-0 55'0 01-0

77-1 79-0 770
u-< 25-0 18-0
51-C 52v 48-'

77-' 70-f 740
18-C 18-t 20-0
4.40 51-C 47-2

74-t 78-0 75-0
4*0 230 30-0
40- 47-0 51-3

80-C 81-9
33-0 34-0
50-2 59-0

83C 77-C 79-0
17-o 80-0 22-f
50 1 57-8 53-4

770 700 730
2701 230 28 0
524 53-5 611

74-0 82-0 75-0
12-0 29-0 300
440 542 69*6

85-C
200
57*1

84-0
27-0
57-«

780
150
480

77-C 75-0
IS-' 21-'
410

78-0 82-0 74-0
4-0 21-0 20-0
41-0 51 0 530

710
Í9-C 20-0
490

60-0 73-0
25 0 85 0
44 5 582

Average...

81-0
32"
57 0

85-t
7-C
40-0

82-0
19-0
47-0
80-0
220
54-0

450

Oolumbus.—

74-C 87*0 80-t
18-C 27-0 28-t
A v e ra g e .. 52-0 650 53-'




70-C a sc 75-0
s-t 23-C 13-0
50-0 550 450

72-0 820 87-0
80, 10-t
8-0
54- 54-0 40-0

Days rain..
R a le ig h —

Days rain..
li o r g a n to n .—

Davs rain.
3. C AROL’ A
C h a r le s t o n —

Days rain..
Ita teb u rg —

Days rain.
C o l u m b ia .—

MISSISS’PI.
72-1 800 70-0
30 24-0 23-0
45-0 53 0 52"0

D ecem b er.

J a n u ary.

F eb ru a ry.

1895 1894 1893.
1894 1893 1892. 1894 1893 1892. 1895 1894 18«3. —
—- ——
—— « — — — — - —
"* ”
■ —— 0-86 0-75 2-38
11
11
4

2-28 305 3-91
9
11
10

4-30 3-51 2-55
12
11
11

2-02 5*53 4-04
15
15
11

1-97 1-71 0-69
14
5
8

0-78 3-27 1-03
9
9
8

4-80 3-70 392
14
10
10

2-3- 3-53 2-94
14
10
8

1-23 3-64 3-5-t
8
8
8

2-7i 5-41
7
9

3'40
11

5-20 4-05 3-3«
13
9
13

2-12 4-01 4-54
14
6

1-71 2-41 2-9«)
lo
8
4

4-30 1-02 2*08
10
10
10

5'84 3 23 2-43
9
17
12

1-87 4*54 7-50
19
7

1-59 1-9J 2-92
10
11
7

2-46 4 38 3-72
9
7
13

7-4'
13

3-70
9

2-00 3-83 0-17
}2
8

1-37 3-10 2-00
7
4
4

5-41 1-00 2"5I
0
5
7

2-75 3-71 0-31
7
11
8

4-00 5-00 0-00
7

3-14 1-30 0'98
10
10
9

0‘44 4-50 2'52
9
14
2

7-6H 1-71 3-22
10
10
12

4-47 3*91
0

1-02 2-19 1-03
7
0
7

2-90 3-81
7
8

17"
11

8-44 3-27 3-70
0
13
11

3-88 5-80 5*08
12
9

1-73 1*72 1-55
5
8
8

2-28 2-91 2 4*
8
7
10

7-27 1-73 2'52
0
9
18

3 25 5-3s! 4-83
11
8

1-94 2-04 3-78
0
0
5

5-00 1-81 3-46
5
5
8

8-0< 5-91 0-32
13
2
15

0-57 4-28 7-50
11
14
1

1-32
9

2-IE 3-5C l-8r
11
7
8

0-35 1-0S 2*92
8
12
10

4-02 7-OE 5-28
12 1 13
9

*i. C A R ’ NA
Days rain..

81-0 so-o
450 33-0
51-0 57-0

Cheneyville—

Days rain.

T feU io n .—

H ig h e st ... ROM
81-t
50-0
A verage..
tir'd GoteauH ighest.... 190
L o w est ... 8VI
58-t
A verage..
Highest...
L ow est. ..
Average..

i
VIRGIN IA

J h a r lo tt e —

79-C 80-t 83-0
300 86-0 41-U
00-t 00-0 02-0

79-0 83-C 68-0 730 73-1 71-0 70-0 70-C 78-0 04-0 07-0 74"0
2-0 —10 —'SO —30 —8-0 7-0 6 0
9-0 18-C 20-0 —to 14-t
49-8 45-0 48-0 41-0 43 7 35-0 33-3 80-0 38-0 410 35-0 35*8
N ovem ber.

W il m in g V n —

72\
—1-u
34-o

LODIS’NA

Liberty Hill-

79-o 85-0
2¿"c 15-0
52-0 40-1

85-0 67-0
25-0 24-0
500) 53 0

....
...»
....

INDIAN T.

M o b i l e .—

Bhrevevort.-

07-0
0560-0 00
—30 —0'O 0* 10*0
23-8 30-0 38 3 43’9

TEXAS.
■ ttiin eston .—

Average.

H igh est..
L ow est...
A verage..

75-0 7P0 70-0
- 0 0 18-0 13-0
80o 390 42*0

05-0 00-0 08"
4-0 200) 10-0
39-0 41-4 38-

Average...
IPier—

73-0 78-0 79-0
H-C 25*0 84-0
40-0 510) 55"0

R . O r le a n s .-

00-t
3-'
32-t

08-0 72-0 71-C
13*0 20-0 230)
45*4 43-1 474

•s h w o o d ,.—

73-0 78-0 72-0
150 210 17-0
47-0 52-1 430

H igh est...
L ow est...
Average-.

72-0 70- 7104-0 0 8 "
3-0 21-0 10- —30 -2 '
42-0 42-C 33-0 35-0 43-

72-0 720 68-3 74-0 70-0 71-0
70) a-" 18-9 - 3 0 100 10-0
37-7 40 0 83-8 34-" 400 43*6

75-0 72*t 70-t
13-o 24-0 20-0
52*0 52-0 490

F lo re n ce—

70-0 05-0 04-0
—s-o 15-n. 0"O
28-2 30-3 86-4

73-0 73-0 70-0
5-0 18-0 13"
45"0 45T 40>

790 78-0 79-0
20-ii 27"U 30t
55*0 55-0 55-t

H igh est..
L o w est....
A verage...

75-0 73-0 74-0
13-0 20-0 20-0
40-0 47-0 40-0

70-0 70-4 70-0
24-0 241 25-t'
A verage... 50-4 50-0 49'0

L o n g v iew —

81-t- 82-o 82-0
IS-' 38-0 «3 0
01-8 03 0 01-0

72-0 73" 7P0 720
17" —8*0 22-0 21*0
43-3 30-t 43-0 47'8

75 0 78-0 07-0 70-0 70-0 00 0 08-0 70O'
4-" —3-0 —3"'
14-0 10" 22"0( -9 -0 12A vera g e... 14-2 44-8 46-4 37-8 397 39-2 310 38-4

H u n t s v i l l e .—

840
40'
03-0

81-0 8340-0 43-'
090 004

81-0 82-0 79-0
25-0 200 8s"0
50- 47-4 55-8

C o r n in g —

77-0 80-0 83-0
230' 30-0 44*<>
54-t 05‘" 070

80-t - 82-0 82"0
19-0 88"' 34-t
02-t 03-0 02-5

75*0 7**0 78-0
20-ti 24-0 28'"
48-0 51-0 53-0

W a yn esboro

S an A n to n io .

85*0 85*< 87"(
38-0 40-0 40'
07-1 08-0 04-4

80- 77-t 8014-0 35-0 80-'
53-0 59-0 58-0

A LAB A M A
t l o n t g s m ’v . —

75-0 75-0 73-0
4-0 ai-0 27-0
37*3 40-4 50*3

700 80o 830
1450 S it 4101.
48-0 590 02-0

79-0 79-0 720
20-0 38-0 210
56-0 49-0 49 0
790 800 79-0
310 410 29-t
610 04-0 65-0

H ig h e s t... 82o'i 8Vi 85-0
L o w est.... 83-0 82-0 85ei-o 02-' 30-0
A verage..
H ig h e st...
L o w est...
A verage..

700 81-0 7715-0 13-0 1042 7 50-5 400

Average..
M e m p h is .—

FLORIDA.

J a m v a .—

8S-0 84-" 800'
10-0 22*' 15-o
51-3 54-2 30-2

750 74-0
22‘0 39 0
50-8 510)

75-t’ 740. 74-0
8-0 25*< 31-0
390 49-5 50-8

H igh est.. 78-0 80-0 82-( '
L o w est... 81-0 31-0 30-t
A v era g e... 58-C 580 57m
H ig h est...
L o w es t...
A verage..

80-" 83-0 82-0
25" 25-0 28-0
52 3 54-0 55"2

THNNES’E.

73"< 73-0 08-ti
110. 2C0 120
45-0 50-0 3 80
09-t. 07-t 09-t' •00-0 88-0 05-0
4-0 21-' 13-0
5-" 18*0 8-'
40 1 400 42-3 40-4 40-7 30-"

70-0 78-0 8 3'
25-0 23-0 23-0
52*1 53-4 03M

S a v a n n a h .—

C o l u m b u s .—

74-0 75-4 73-0
4-" 27-3 30"O
410 48-7 55-9

73-0 73-0
23-t' 33-0
49"" 50-1

GEORGIA.
H igh est...
L o w est....
A verage..

70" 700 780
19 0 100 80"
40- 53-0 45 0

Average..

70-0 70-0 78-0
12-0 29-0 38-0
41-0 630 58-0

1895. 1894. 1893.

70-0 75 0 77"
15-0 24-0 1052-0 53
48-3

690 09-0 070
1-0 1«*. ti 260
32-9 45"0 45-0

53-0 50-0 04-0
2-0 12 0 18-0
28-4 34 3 S9-54

F eb ru a ry.

1894. 1893. 1892. 1895. 1894. IsOS

80-0 78*0 70-0
30 0 30-t) 84-0
Avera e ... 55-5 55-1 50-0

Average...

C o lu m b ia —

A u g u s ta .—

a -

A RR A N 3’

S. C AROL’A

A verage...

Vhks

70-0 72." 73-0
3-0 20*« ■ 21-0
31-2 43 t 43-9

71-0 71-0 72-C
4-o 18-0 21-0
320 45-0 43*8

J a n u ary-

D ecem ber.

1894. 1893. 1892

MISSISS’ PI

A v e ra g e ..
70*0 70-1' 81-'
29-0 28-0 25-0
54-0 55-0 53-0

Average..

N ovem ber.

Yli ir m o m e t e

A verage...

N ovem ber.

571

Days rain.
E vergreen —

Days rain.
GEORGIA.
iu g u s ta .—

Days rain.

1-82 1-95
5

4-0"
12

2-97

k.i572

THE CHRONICLE
N ovem ber.

D ecem ber.

F eb ru a ry.

J a n u a ry.

R a in fa ll.

1894. 1893. 1892 1894 1893 1892

1895 1394. 1^93

1895 1391

t&tr*

GEORGIA.
A t la n t a .—

Rainfall.ti
Days rain.

2-0]
8

4‘9
15

5M5
15

37«
9

3.0,
13

4-78
12

5‘9'
5

3-0!
5-4" 5 0
7
10
1 14
3M2 3M7 5-OS 0-6 1 2-2
0
b
9
11
1 11
1-0? 4-52 4'62 2-0; 14
3
3
0
9
10

855
11

5-in
8

4"7J
8

2-2(
3

4-44
8

0 05 4" If 1 3-5«
7
11
10

3'lf
5

9-0Í
15

7-05
a

0-61
6

08
3

3-0Í
0

2-52
9

4-8!
12

2'2!
9

3-01 34
13
7

8-87
10

2-7 ¡ 1-2Í
9
5

0-5i
5

1-32 3 12
5
10

S-4C
9

1-45 2-3«
15
4

g-7f
9

1-71
8

2MS
11

8*61 0-4'
5
7

3-15
13

0-00 1-2
9
0

3*2b

3*22 11*1)
15
0

295
7

4-71
13

0-03 2*5«
17
13

3*1£
6

350
14

1*84 7*03
12
15

6*24 3 9 '
10
14

3-17
9

4‘35 9-4«
17
11

OPi
4

IM ; 4-4'
7
10

8 4.
11

Rainfall.ii
Davs rain.

3 "!:
7

2-3
ó

1-80
7

0-0
3

Rainfall.ii
Days rain.

0*3
5

1-8
4

2-81
2

0*0'
3

1-5 , 3-2P
2
8

3-7:
8

1-7
7

2-21
7
2 4

10

2-8*
13

0-50
0

0-06 2‘ 4(
5
10

2-41
9

0-88 4*81
8
8

OPI
2

2-FI
4

1-50
2

3-21
4

0-71
0

8-8«
9

Rainfall.ii
Days rain.

0-7Í
5

2-0.
11

4-40
9

4*71 2-2£
11
14

Rainfall.ii
Davs rain.

08
4

8-5'
7

19?
10

4*42
9

S a v a n n a h .—

O o lu m b u g .—

F o r s y t h .—

Rainfall.ii
Days rain.

318
10

2'8S
11

FLO R ID A .

J a c k s o n v ille -

Rainfall.ii
Days rain.

la m p a .—

Rainfall.ii
Days rain.

H tu s v ille —

Rainfail.il
Days rain.

la lla h a s s e e —

Kainfaii.it
Days rain.

0 9«
3

0

39!
9

ALABAM A
M o n t a o m 'v .M o b i l e .—
N e w to n -

2*8"
6

Rainfall,in
Days rain.

4-25
4

0-3f
LO

3-0r
4

S"4(
11

....

B irm in g h a m

Rainfall.in
Days r,.in.
F lo re n ce—

Rainfall.in
Days rain.

2MÍ
6

...J

0-92 1-9:
3
2

0*9£ 4-92
19.
a
385
15

8-fil
6
4MÍ
0

342 332
9
9

8 3!
10

6MS
12

....

T43
8

2-01 2-31 3-22
10
4
8

7'lfe 1*1(
14
9

2'50
7

3’92 11*00 4-92
18
10
13

0-87 5-88 6-71
12
11
2

2-97
10

2"20 4-ie
11
10

1*08
3

070 3-5Í
11
8

1-58
10

1-78 6-42 4-20
7
5
4

1-44 I-7l
0
8

4.-B3
0

3*23 4*30 3-03
5
9
8

4M5 6 0
11
5

2-03

3-8f
7

759
0

4-10 821
7
10

1M5
1

109 3-81
4
9

2-18
0

5-03 1-74
0
10

507
11

4-54
a

LOUIS’ANA
N e w O r le a n s ■

Rainfall.ii
Days rain.

S h r e v e p o r t.—

Rainfall.ii.
Days rain..
O rd . C o te a u -

Rainfall,ir
Days rain.
L lb e r tv B iU -

Rainfall.ii
Davs rain.

O h e n e w li e —

Rainfall,in
Days ram..

1-34 8-29
6

8-se
7

1-82 7-45
5
19

7

1-B3
4

5 14
7

IM*

4-43
7

5-24
5

3'93
10
2'30 4-«2 4 .4 .
11
9
li

1*47 4 95 5-92
7
8
9

0-57 4-32 1-93
3
13

ti

0-50 5-9P 5-08
8
2
17

0-41 4-0Í

542
U

0*50 0-23 26S
0
17
13

1*70 5-83 4-05
17
13
10

0-T9 0-51 2-85
10
7
2

3-51 2-50 0 1 0
7
5
10

5-22 8-04 3’25

1-32 344
8
4

o-oc 500
3
0

8*80 280 0-22
5
2
9

MISSIS’P I.

'

C o a m t u s .—

Rainfall,ii
Days rain.
V ic k s b u r g .—

Rainfall.ii
Days rain.
■L eh n d —
Rainfall.ii
Days rain.
C la r k s d a lt—

Rainfall,li
Davs rain.

B rooka ven —

0-34 201
5
5

12

11

10

1

10

19 8-02
3

6

0

0*02
3

7-50
9

7*00 5*30
9
0

Rainfall,in 1-41 5'72 3 9
Days ruin..
9
8
0

5-90 6-35 5-77
9
9
8

0-51 5-37 2 M2
3
10
10

S‘37 7-01 0-87
12
9
8

Rainfall,in o-oo 2-00 4-01
Days rain..
4
2
0

2-40 3-4(
4
0

7MP

0‘3(j
4

2*75 5-00 0-37
5
7
3

Rainfall,in
Days rain..

5"90 3M5
5
5

7*80 3*90
4
7

1*15 7-65 0‘83
1
5
2

Rainfail.iL 0-68 3-7P 802
Days rain..
12
3
7

3-93 1-67 8 -48
lo
11
13

003 4"P8 5‘4S
0
4
13

Rainfall,lr
Days rain..

4-03 3Mb U-09
11
9
14

7M2 3*21 0 ‘ 8i
11
3
7
901 4-84 3-2Í
z
9
9

2-51
8

2-24 1-9'
10
8

1-09
4

0'20
8

0-5(

l*»i> 4-05 4*20
0
5
7

K o s c iu s k o —

W ayn esboro-

1-40 4*15
0

2

0-10
0

8

6

A R K ’ NSAS.
L ittle R o c k .-

H e le n a —

F te

S m ti h—

1-32 4-P8 7-00
4
4
U

Rainfall, ii 2 -S0 3-61
Davs rain .
4
9

C a m d en —

1 04
9

1-09 6 M2
8
15

Rainfall,in 1-88 S-5S 5-31
Days rain.. 1
2
10

3T4 VP« 8-23
10
3
10

7-08

Ralnfall.tn 064
Days rain..
X

3-31
7

8-47 2 19

C o r n in g —

2'55 4-45
0

6

2-05 5-41
7
0

1

11
10

040 7'5?
0

10

5-31
10

5-50 3’ 11
13
10

10

0-50 0-52 3*28
4
S
lo

TENNES’ E.

A sh w ood —

Rainfall.ii
Days rain..

W ier—

Kainfall.iL
Days rain.

1-92 2-97 3-91
8
13
5

2-81 3-50 0-4?
11
9
12

5*71 4-28 1-27
11
13
13

0*93 S"05 4*83
15
6
12

0-4P 3-4» 0-20
3
0
12

8-88 2-01 1T95
10
7
14

5-94 403 1-41
11
8
U

1*39 7'9(
13
7

1-52 2*80 4-PP
8
4
9

3Mf 3-38 7-13
0
5
9

4*50 5-54 0-70
6
10
5

0-90 9*56 0-91
9
2
9

5*44 0-89
11
5

0-50 8’90 4-30
11
3
9

2 41 0-54
17
9

4 93 2*09 1*99
11
a
U,

1-10

5

2-50 4-67 : 7-50 3-65 I4-9P ;
5
0
8
7
0

0

Uafniall.ii
Days rain.

.

a ti

Rainfall.ii
Days rain.

M e m p h is .—

O

N a s h v ille .—

0 33
13

T E XA S.

P a le s tin e —

Rainfall.ii
Days rain.
Austin—
RaiDfall.li
Davs rain.
Abilene.—
Rainfall,in
Days rain..

1-5» 8-92 2-80
4
13
5
1 90 491
4
13

0-72 1-72 82P
0
?
9

5-9P ' 198

10

4-90 1-50
4
2
+
1

S a n A n to n io .

R ainfa 1,1
Days rain..

1 -0 '

,7

8-39

it‘30 V45 0M5
3
3
2

8

3MI
5

liaiu fall,in
Days ralu..

3-00 2-02
10
5

160 0 42 0 M6
1

11

8

0-04 070 4M6

Ramlall.in 0’«5 5*00 7*22
Days rain..
2
0
7

L o n g v iew —

12

10

1M5 5-9i
2 b

A r lin g to n —

R aiula l.in 0-16 2‘9
Days rain..
4
1

8

242 3-2- 1M4
10
7
9

]

1

1-21

1-77 1-04
4
14
0-02

0-45 : 0-4? 0-52 2-09
4
5
2
8

4-62 1*09
8
11

H u n t s v ille .—

INDIAN

E x c h a n g e s .— T h e f o l l o w i n g e x c h a n g e s h a v e b e e n m a d e
d u r in g th e w e e k :
•03 pd. to e x c h . 2 0 0 M ob . f o r J u ly . -<>a pit. to e x o n , zoo m en Tor M a y ,
"06 pd. to e x c h . 1 0 0 A u g. f o r O ct.
*01 p d . to e x c h . 10O J u lv fo r A u g.
‘0 3 pd. t o e x c h . 2 0 0 Mch. f o r A ug. •06 pd. to e x c h . 1 ,9 0 0 Mch. f n r S t p .
*02 p d . to e x c h . 1 0 0 A u g . fo r S ept. •01 p d . to e x c h . 100 Aug. f o r M ay
01 p d . to e x c h . l.O iO Mch. f o r . l ’ ne. •03 pd. to e x c h . 5 0 9 Ju n e f o r S e p t
’0 7 p d . to e x c h . 1 00 J u n e fo r M ay.
C3 pd. to e x c h . 1 0 0 M ch. 'o r M a y
•02 pd. to e x c h . 3 0 0 Jun** f o r J u ly . i *01 pd. to e x c h . 200 A p r fo r J u ly
'0 1 pd. t o e x c h . 6 >0 A p r. f o r J u ly . 1 *02 pd. to e x c h . 5 0 0 J u n e fo r A u g.
E v e n 100 M a y f o r A ug.
I ’ 0 2 pd. to e x c h . 4 0 0 A ig fu r M ay
0 4 pd. to e x c h . 1 00 J u n e f o r A u g . •01 pd. to e x c h . 8 0 0 J u n e f o r J u ly .
’0 3 pd. to e x c h . 3 0 0 A p r. f o r A u g.
•03 pd. to e x o h . 2 9 0 A u g fo r Oec.
•02 p d . t o e x c h . 4 0 0 A p r. f o r June. •05 pd. t o e x c h . 2 0 0 J u ly fo r O ct.
03 pd. to e x c h . 1 00 J u n e fo r O ct.
0 1 pd. to e x c h . 5 0 0 M a y f o r A u g .
■03 p d . to e x c h . 2 0 0 J u n e f o r A u g.
S h ip p in g N e w

s .—

T h e e x p o rts

0 31 80<\
l
0

2*50 308
15
8
3

12
0

IMS 1-24 0-5)
3
3
5

238 0*9.*) 0-33

1*24 V4
0
9

o-l 1
3

3-97 0"52 1*11

3-01 5-1«
4
0

W;

3-70 3*34
4
9

2

10

0

0
2

7M4 4-4i
10
7

v8 i 3*40
b
9

3-32 1-pi- OMlj
3
5
3

4*7.4 3’41 0*07
4
5
4

T.

O k la h o m a —

Rainfall.ii) 007 V 2.
Days rain .
2.1 0




10

7

rs t 1-09 5-35 1 0 03 3-71 0 43
■nr
1* 1 S
.. 4 ;■ 0
4

o-or J-lt
K

0*09

o f cotton

fro m

t h e U n ite d

S ta t e s t h e p a s t w e e k , a s p e r la t e s t m a i l r e t u r n s , h a v e r e a c h e d
1 2 5 ,6 3 6 b a l e s .
_
Total bait*.
Ne w Y o r k —T o L iv e r p o o l, p e r ste a m e r O ev ic, 8 , 8 5 6 .....................
8 ,9 5 6
T o H u 1, p e r ste a m e r B uflM o, 2 .2 9 8 ............................. .................
2 ,2 9 8
T o H a v re , p e r stea m ers F o re la n d , 1 0 0 ........L a G a s co g n e ,
1 , 4 0 1 . . . . . . . . ........................................ .................................................
1 ,5 0 1
T o H a m b u rg , pur s t e a m s P h o e n ic ia , 2 ,8 1 9 . . . .....................
2 ,8 1 9
T o A n tw e rp , p e r stea m ers L e p a n to , 3 3 0 ....'W e s t e r n la n d ,
1 ,9 1 2
1 .5 8 2 ............................................................ ................. . .................
T o G en oa, p e r s te a m e rs F u ld a , 2 7 5 ___ P a w n e e , 9 7 0 . . . . . . .
1 ,2 * 5
T o N a p 'e v , p e r ste a m e rs F ulda, 2 8 3 ....P a w n e e , 4 0 0 . . . ........
683
T o V en ice, p p r ste a >er P a w n e e . 18 5 ..............................................
18 3
T o L a g u a y ra , p e r ste a m e r V e n e z u e la . 5 0 . . . . . . ................... ..
50
2
T o M artiulque, p e r s ch o oner J o se p h W. F o s te -, 2 ...............
N e w O r l e a n s —To L iv e r p o o l, p e r stea m ers E n g in e e r, 4 , 9 2 6 . . . .
M e x ic o , 6 ,1 0 0 ...O r io n . 5 ,1 8 7 ........ ...................................... . . . 1 6 ,2 1 3
T o H a vre, p e r stea m ers C anartas, 6 ,0 0 2 ...M e r r im a o , 9 ,8 8 2 1 5 ,6 8 4
T o B 'ern en , p e r ste a m e r G e ro n a , 8 , 3 1 8 . . . .............................. .
8 .3 1 8
1 ,7 0 0
T o H a m b u rg, p e r stea m er H t-p a n la . 1,700 ............................
T o 8t. P ete rsb u rg , p e r hark Ilo s, 1 ,9 8 1 .........................................
1 ,9 8 4
T o N a rva , p e r ship s H ein rloh , 4 ,1 9 1 ... .H e n r y L a w re n ce ,
3 ,7 0 1 .................................................... .................. ........................ . . . .
7 ,9 9 2
G a l v e s t o n —T o L iv e r p o o l, p » r stea m er E alin g, 5 ,3 j O.................
5 ,3 0 0
T o BremeD, p e r stea m er M ty u m b a . 5 ,9 2 6 ...............
.....
5 ,9 2 6
T o N a rva , p e r sch o o u e r S alm e, 8 5 1 .............................. ............... .
852
M o b il e —T o V e ra Crnz, p er ste a ner R a v e n s d a le , 7 11 .............
7 1 1.
S a v a n n a h —T o N o rk o p in g , p e r b a r k L u Ivig H o ib e rg , 3 ,1 0 0 ___
3.1<>0
Ch a r l e s t o n —T o B rem en , p er stea m er G u ild h a ll, 8 ,1 5 5 . . . . . . .
8 , '5 5
T o B aroelon a, p e r stea m ers O on su elo 1 ,1 7 0 ... .I n d i a , 2 ,2 h 0 .
3 ,3 7 0
P o r t R o v a l - T o L iv e r p o o l, p e r ste a m e r W ern eth H all, 8 ,6 6 0 .
8 ,6 6 0
1 ,8 5 0
No r f o l k —To H a m b u rg , p er stea m er 8t. O sw al t, 1 ,8 5 0 .............
N e w p o r t N e w s —T o L iv e r p o o l, p e r ste a m e r I stn a n . 8 48 .........
843
Bo st o n —T o L iv e r p o o l, p er stea m ers A n glom a n . 2 ,18 i . . . . L a n ­
ca stria n , 2 ,2 7 1 a n d 121 S ea I s l a n d ___ R om a n , 2 ,6 3 0
u p la n d a n d 5 0 S ea I s la n d ................................................................
7 ,2 7 5
B a l t im o r e —T o L iv e rp o o l, p e r stea m ers T em n lem ore. 2 0 0 s e a
I s la n d ....U ls t e r in o r e , 4 .4 5 1 u p la n d a n d 5 2 S ea I s l a n d .. ..
4 ,7 0 3
T o L o n d o n , p er ste a m e r M ich ig a n , 2 .2 9 9 . . . . . . . ............... .
2 ,2 9 9
8<»4
T o R otterd a m , p e r ste a m e r V e n a n g o , 8 0 4 ..................... ..........1
P h i l a d e l p h i a —T o L iv e r p o o l, p e r stea m er O h io , 4 4 1 ...... ..........
441
.

T o t a l .............................................................................................................1 2 5 .6 3 6

B e l o w w e a d d t h e c l e a r a n c e s t h i s w e e k o f v e s s e ls c a r r y i n g
c o t t o n f r o m U n ite d S ta te s p o r ts , b r in g in g o u r d a ta d o w n to
th e la te s t d a te s :
G a l v e st o n —T o L i v e r p o o l - M iroh 2 5 —s te a m e r G ra cia . 8 .4 9 3 .
T o H a m b u rg M a r c h 2 6 —S tea m er E lsie , 1 ,1 3 5 ...M a r c h 2 8 -S te a m e r
D >mlra, 1,8 9 8.
T o N a r v a - M t r o h 23 B ark S fia u h o, 1 ,0 0 8 .
Ne w O r l e a n s — To L i v e r p o o l - M a r c h 26 S tea m er I n v e n to r, 3 .5 3 0 . . .
M arch 28 - S tea m ers B a rb a d ia n , 8 ,3 2 i : C o sta R ica n , 6 ,3 0 0 ; S erra,
3 ,» 0 0 .
T o H avre - M t r o h 2 5 —S team er M a d rileñ o, 6 ,5 0 2.
1
T o B rem en —M arch 2 3 —S tea m er A kaba. 9 ,2 6 1 .
T o O iorto - M treh 2 5 —Ship A m erica, 100.
T o G en oa - M tro h 2 2 S team er I'm ca n P rm o e , 1 ,8 0 0 .
T o L egh orn — M arch 2 2 —S tea m er 1’ usoan P rla oe, 1 ,0 0 0 .
T » N aples - M t r o h 22 S tea m er I’u s o t o P rin ce. 1, >o >.
Mo b il e T o L iv e r p o o l M a rch 2 8 -S te a m e r H esner, 4 .6 4 9 .
3 a v 4.NNAH—T o B rem en -M a r c h 26 -S te a m e r M arthara. 6 .2 4 2 .
BRON8WICK—T o B re m e n M a rch 28 S tea m er D u n m o re H e a d , 3 ,3 0 3 .
Ch a r l e s t o n — To L iv e r p o o l M a rch 26 -S te a m e r M iohlg in, 2 ,3 5 0 .
T o Si. P e te rsb u rg -M tro h 2 2 - B i - k C » u q iiito r o . L.904.
T o X y k o p ln g - M t r o h 2 7 —B ark H erm an o e h nku hl, 3,6 5 9.
No r f o l k — l o L iv e rp >ol—M ir o n 28 -S te a m e r G t lle g o , 2 ,0 0 0 .
T o R o tte r d a m —M a rch 2 7 —S tea m er V iola , 100.
N e w p o r t N e w s —T o L iv e r p o o l—M a rch 2 6 - s t e a m e r G a lle g o , 202.
Bo st o n — To L iv e rp o o l -M r c h 2 2 -S te a m e r S ach em , 2 ,7 7 2 upland an d
l o o Sea Island .. .M t r c h 23 -S .e a m e r C ata lon ia, 2 .0 5 2 . . .M t r o h
2 5 —S team er S a g a m ore, 3 , 3 0 1 . . . . M arch 2 6 -S t 3 a m e r B o ic o u la n ,
3,5 9 3.
T o Y a r m o u t h —M arch 2 2 -8 te a m e r B o sto n , 1 4 6 .
Ba l t im o r e - T o L iv e r p o o l-M a r c h 2 > S team er 8 -d ge m o re , 9 7 6 .
T o B rem en M a -o h 2 3 —S tea m er W eim ar. 6 ,2 2 8 .
T o H a m b u rg M arch 2 5 -S te a m e r L ’ sn torlav e, 200 .
T o R »tter t a i p - M trch 2 5 - 8 t e tm er U rb iu o , loO .
Sa n F r a n c is c o . T o J a p a n - M a t c h 1 6 —s te a m e r C ity o f P e k in , 1 ,0 5 0.
C o tto n fr e ig h ts th e p a st w e e k h a v e b e e n a s f o llo w s .

Satur.

O a i v e s to n .—

Rainfall.ii
Days rain..

l V ol , LX,

Mon.

Tries.

Wedncs. Thurs.

Vri.

L iv e r p o o l, stea m . 0
7S4
7S4 a f«
7e4® ^
7« 4 ® 18
....
M anchester.......... d
....
....
-...
3 iH t
H a v re ...................c
31V
^4
3H n l
31V
31V
Do
la te r .........c
....
Mi
B r e m e n __. . . ___ d
*
....
....
Do
la t e r ... d
....
mmmm
....
. . . . !»
H a m b u rg, stea m d
*8
*8 |
Do
........... d
....
....
....
....
.... K
....
A m s'd a m , steam .e
271a»
27V
27**t
27V
27V : 27V
R eva l, v. H a m b .d
310
3ie
316
310
310
316
D o v ia H u l l ..d á312ft-316 331 8 -316 23128—310 23l.S 31 - 31 8 -Slf 23i í £-3 i 6
....
....
B a r c e lo n a . . . . . . d
....
. . . . :«
....
....
23 9 3 0 i
G e n o a .......... . . . . . d
231
2 8t
28t ;
28t
28t
T rieste, A p r. 1 7 .d
23U8
23I28
23128 i 231S8
23128
23128
A n tw e rp , s te a m , d
*9
5 .0
5^0.
Ghent* v . A n tw 'p .d
533
5 S2
®2
B3f'.
t C ents n e t p e r l o o lb s .
L i v e r p o o l . — B y cable from Liverpool we have the follow ing
statement of the week’s sales, stocks, & c., at that port:

March 30, 1895.]

THE CHRONICLE.

---------------------------------------------

8.

M ch

M ch .

15.

M ch .

22.

29.

M ch .

573

Bales o f th e w eek ..........b a le s
6 7 .0 0 0
8 4 .0 0 0
111,000
6 1 ,0 0 0
O f whioh exporters to o k . . .
3 ,6 0 0
2 ,9 0 0
3 .0 0 0
1,100
O f whioh speculators t o o k ..
3 .0 0 0
9 ,3 0 0
1 7 .0 0 0
5 ,2 0 0
Bales A m erican ____
5 5 .0 0 0
6 9 .0 0 0
9 2 .0 0 0
5 6 .0 0 0
A ctu al e x p o r t...........
4 .0 0 0
6,000
6.000
5 ,0 0 0
Forw arded.................
7 3 .0 0 0
7 9 .0 0 0
7 9 .0 0 0
7 3 .0 0 0
T otal stock—E stim ated
1 ,8 6 0 ,0 0 0 1 .8 3 4 .0 0 0 1 ,8 1 2 ,0 0 0 1 ,8 1 6 ,0 0 0
O f whioh Am erican—E stln /d 1 ,7 1 3 ,0 0 0 1 .6 9 7 .0 0 0 1 ,6 7 4 ,0 0 0 1 ,6 8 5 ,0 0 0
Total im port o f the w e e k ..
122,000
5 9 .0 0 0
6 3 .0 0 0
8 3 .0 0 0
O f w h ich A m erican ____
111,000
5 4 .0 0 0
5 0 .0 0 0
7 3 .0 0 0
A m ount afloat.......
1 2 5 .0 0 0
122,000 112,000
9 7 .0 0 0
O f w h ich A m erican___
1 2 3 .0 0 0
120,000 110.000
9 5 .0 0 0

The speculation in the market for Indian corn futures hasbeen moderately active and prices have advanced on buying”
by ‘ shorts to cover contracts, stimulated by the small ship­
ments from the interior and in sympathy with the improvement m wheat. In the spot market supplies have continued
limited and prices have further advanced. The sales yester
day included steamer mixed at 51c. in elevator and sample
white at olJ£c. in elevator. To-day the market was firmer
m sympathy with the advance in wheat. The spot market
was quiet and unchanged. The sales included steamer mixed
at 52c. delivered.

The tone of the Liverpool market for spots and futures each
day of the week ending March 29, and the daily closing price
o f spot cotton, have been as follows •

.»
M ay d e liv e r y .....................o.

S p o t.

Market,

S a tu r d a y
1

1:45 p. M.J

Quiet

Mid.UpPds

3%

Sales_____
Speo. & exp

M onday.

T u esd a y.

8,000
500

35ie

10.000
1,000

8,000
1,000

F r id a y .

Easier.

Quiet.

3®16

35le

3Bie

10.000
1,000

8,000
500

10,000
1,000

Quiet.

F u tu re s.

Firm at
Market, ? Easy at
1:45 P. M. ] 1-64® 2 61 3-64 ad
decline.

vance.

Barely

Firm.

Market, ?

4 P. M. Ç steady.

Quiet a< Quiet at Steady ai Steady at
1-64 ® 2-64 3-64 @3-64 2-64 ad­
1-64 ad­
decline.
deoline.
vance.
vance.
Quiet and
steady.

Quiet.

S a t.

Qnlet.

M on.

51

¡July dei lve7 , : ...............o-

518«

50%

S e p te m b e r d e li v e r y . . . . e.
W e d 'd a y . T h u r s d a y .

an<
Harden’s . Jnlet
firm.

3932

DAILY CLOSING- PRICES OP NO. 2 MIXED CORN.
51%

50%

51%

M arch........
M ch.-A pril.
Aprll-M ay..
M ay-Jane..
June-July..
J u ly-A u g ...
A ug.-S ep t..
Sept.-O ct...
O ct.-N ov....
N ov.-D ec...
Dec.-Jan..
Jan.-Feb.. .

T u e s ., M c h . 2 6

O p e n IH i g h 1L o w .

C lo s .

d.

d.

d.

d.

d.

d.

d.

d.

d.

3 10
3 Id
310
3 11
812
3 13
3 15
8 16
3 17
3 18
3 20

310
3 10
■3 10
3 11
3 13
313
3 15
3 16
3 17
3 19
3 20

d.

310
3 10
3 10
8 11
312
3 13
315
3 16
317
318
3 20 j

310
3 10
3 10
3 11
3 13
3 13
3 15
316
3 17
8 19
3 20

d.

315
3 15
3 15
316
3 17
3 19
3 20
3 21
3 22
3 24
3 25

3 17
3 17
8 17
3 18
319
3 20
3 21
3 22
3 24
3 25
3 27

d.

3 15
315
3 15
316
317
319
3 20
32L
3 22
3 24
3 25

317
3 17
317
3 18
310
3 20
3 81
3 22
8 21
3 25
3 27

317
3 17
3 17
318
3 20
3 21
3 22
3 23
3 25
3 26
8 27

8 17

3 17
317
3 18
3 20
3 21
8 23
3 23
3 25
3 26
3 28

317
317
3 17
3 18
319
3 20
3 21
3 23
3 24
3 25
3 23

3 17
is
3 10
8 20
8 21
8 23
3 24
326
3 26

W ed., Mch. 27 .

O p e n \ H ig h ] L o w .

C lo s.

O p e n H i g h L o w . C lo s.

Thurs., Mch 2 8

C lo s.

d.

a.

d.

d.

315
3 15
315
3 1«
3 17
319
3 20

d.

d.

315
315
813
3 10
3 17
319
3 20

d.

d.

3 14
3 14
3 14
315
317
3 18
3 19

314
314
3 14
3 15
3 17
318
3 20

3 15
315
3 15
3 16
318
3 19
3 30

3 15
315
3 15
3 16
318
3 19
3 20

d.

3 21
Oct.-Nov..
3 22
N ov.-D ee... 3 21
Deo.-Jan.... 3 25
Jan.-Feb....

3 21
3 22.
3 21
3 25

3 11
3 14
314
315
3 16
3 18
3 19

d.

3 21
3 22
3 23
3 24

3 14
314
314
3 15
316
318
3 19

3 21
3 22
3 23
3 21

3 14
3 14
3 14
816
317
3 18
319

321
3 23
3 24
3 25

314
314
314
3 15
3 17
3 18
319

3 21
3 23
3 21
3 25

3 20
3 21
3 23
3 24

3 20
3 21
3 33
3 21

3 21
3 22
3 23
3 2l

3 21
3 22
3 23
3 24

March..... .
Mch.-Aprll.
Aprll-May..
May -June..
Jnne-July..
July-Aug..
Aug.-Sept..
Sept.-Oct..

O pen H ig h

Low.

June d e liv e r y ...... ....o .

60%

...c .

61%




T u es.

W ed .

60%
60%
60%
60%
61%
61%
63%

3 21
3 22
3 23
3 24

8 21
3 22
3 23
3 24

T h u rs.

60
60%
60%
61
61%
61%
64%

-.0 .

....

M on.

33%
33%
33%
34%

T u es.

W ed .

33%
33%
33%
34

33%
33%
33%
34

T h u rs.

F r i..

33%
33%
33%
34

33%
33%
33%
31

FLOUR

GRAIN.
W h e a tS p rin g, p e r b u s h .
B e d w in te r N o. 2 .
R e d w in t e r .............

0.

57
61
54

O ats— M ix e d , p e r b u .
N o. 2 w h it e ..........

®
®
®
67 ®
33 ®
37 ®
33% ®

37% ®

0.
71
62%

63
71
35
41
34%
38%

C o rn , p e r b u s h —
c.
W e st’ u m i x e d . . . . . . 52
N o. 2 m ix e d ........... 56
W e ste rn y e l l o w ..
51
W e ste rn W h ite ..
51
R ye—
W estern , p e r b u sh . 54
S ta te a n d J e r s e v ..
B a r le y — N o.2 W est’n 64
S ta te 2 - r o w e d . ... .
S ta te 6 -r o w e d ___ _ . . . .

0.
57

®
®
®
®

57
56
56

®
®
®
®
®

59
65
•••«

the

314
3 14 3 11 New York Produce Exchange. W e first give the receipts a t
314
Western lake and river ports, arranged so as to present the3 10
comparative movement for the week ending Marc 1 23, 1895
3 17 3 17 and since August 1, for each of the last three vears:
J
3 18 3 18
3 IQ 3 19 R e c e i p t ! a t —
F lo u r .
W h ea t.
C orn .
Oats.

DAILY CLOSING PRICES OF NO. 2 RED WINTER WHEAT.
60
60%
60%
60%
61
6 1%
K3%

33%
33 %
33%

o f b r e a d s tu ffs t o m a r k e t as in d ic a t e d in

The trading in the market for wheat futures has been moderately active, and early in the week prices advanced on gen­
eral buying, stimulated by reports of drouth throughout the
winter-wheat belt, but suosequantly part of the improvement
was lost under realizing siles t>v “ longs,” prompted by a full
movement of the crop at the W est and dull foreign advices,
in tne spot market shippers have been limited buyers. The
sales yesterday included No. 1 hard at about 10i£c. over May,
i. o. b. afloat. To-day the market was fairly active and
higher on continued reports of dry weather at the W est.
i j s?
was
a°tive and firmer. The sales inxr
re<* winter at % c- over May, f. o. b. from store ;
No. 2 Toledo red winter at \%c. over May, delivered, and No.
1 hard at 10c. over May, f. o b. afloat.
M on.

.. .0 .

C lo s .

F r i d a y , March 29, 1895.
A moderate amount of business has been transacted in the
low grades o f winter-wheat flour, and as supplies have been
limited full prices have been obtained ; city mills have also
received some attention at unchanged values.
Other grades
have sold slowly and prices generally have been a trifle
easier. Rye flour has been in light supply and firmly held.
Ib e season for buckwheat flour is practically over and the
prices quoted are largely nominal. Corn meal has been quiet
steadyady’ To*day lhe market for wheat flour was quiet but

60%
6 1%
61%
61%
61%
62%
64%

51%.

P in e....................$ b b l. $ 1 9 0 ® $ 2 15 P a te n t, w in t e r ............$2 9 0 ® $ 3 25S up erfine....................... 2 10 ® 2 25 C ity m ills e x t r a s ........ 3 1 5 ® 3 2 0
E xtra. N o . 2 . ................ 2 2 0 ® 2 35 R y e flou r, s u p e r fin e .. 2 9 0 ® 3 20»
E xtra . N o. 1 .................. 2 3 0 ® 2 50 B u ck w h e a t flo u r ........ 1 5 5 ® 1 65C lea rs............................. 2 5 0 ® 2 7 0 C orn m e a l—
S tr a ig h ts ...................... 2 7 0 ® 3 3 0
W e ste rn , & e............. 2 6 0 ® 2 7 0 P aten t, s p r in g ............ 3 3 0 ® 3 95
B r a n d y w in e ..............
2 75
[W h e a t flo u r in s a c k s se lls a t p r ic e s b e lo w th o s e f o r b a r r e ls .]

d.

B R E A D S T U F F S .

S a t.

F r i.

5 1%

51
51%

Rye has been quiet and without change. Barley has sold
slowly and while prices have been quoted unchanged the
feeling has been slightly easier.

Fri., Mch. 2»

O a en H ig h L o w .

O p e n H ig h L o w . C lo s .

3

T h u rs.

51
51%
51 %

DAILY CLOSING PRICES OP NO. 2 MIXED OATS.
S a t.

M o n ., M c h . 2 5

W ed .

511 .
507s
51%

Oats for future delivery have*been quiet, but prices have
advanced a trifle owing to fear that the dry weather at the
West will retard planting and also from sympathy with the
improvement in wheat and corn. The spot market has been
moderately active and prices have made a slight advance.
The sales yesterday included No. 2 mixed at 3 3 ^ 0 . in elevator
and No. ^ white at 37@37% c. in elevator.
To-day themarket was quiet and unchanged.
The spot market
was fairlv active and firm.
The sales included No. 2"
mixed at 33%@33%o. in elevator and No. 2 white at 37Vo! in
elevator.

Quiet.

The opening, highest, lowest and dosing prices o f futures
at Liverpool for each day are given below. Prices are on
the basis o f Uplands, Low Middling clause, unless otherw’ s<
stated:
S a t ., M c h . 2 3 .

T u .e s .

60%
61
61%
61%
61%

62%
61%

Rye.

B a r le y .

Ihleago.......
Milwaukee..
Ouluth........
Minneapolis
Foledo..........
Detroit.........
Cleveland....
it. L o u is.....
Peoria...........
Kansas City.
Tot.wk, ’95
lame wk,’94.
Same wk,’93.
Sines A u g . 1 .
1894-95. ...
1893-94. ..
1892-93.....

B b l s . i m b s B u s h .6 0 lb s B u s h .6 6 lb s B u s h . 32 lb s B u s h . i S lb s B u . 6 6 Ib J ,

54,698
40.950
12,078

128,485
219,216
193 231
1,101,040
175,800
82,489
66,318
52,321
13,200
19,038

10,670
191,810
43.435
32,511
155,615
242,450
5,603

2,051,738
1,633,331
2,545,709

1,235,831
3,010,188
1,953,322

1,351
1,995
13,120
26,495
7,550
158,237
228.047
151,502

540,107
7,800

1,205,019
181,000
6,023

175,737
90,225
359

30,650
10,800

1,800
15,785
12,790
18,750
35,700

1,000

39,727
47,883
138,075
291,500

6,322600

1,907,857
2,795,721
1,778,147

351148
560,127
421,035

56,37k
60,167
81,154

8.303,392 120,234 814 55,893,309 61,855,612 28.695,837 1,907,2888.548.023 124,445,405 114,266,914 83,261,083 20,051,223 2,739,804
9,054,267 195,135,4831 86,674,150 77,231,577 26,301,701 6,323,205

The receipts of flour and grain at the seaboard ports for the
week ended March 23, 1895. follow :
„

. .

F lo u r,
b b ls .

R e ceip ts a t—

156,914

New York.................
Boston......................
Montreal. ...............
Philadelphia...........
Baltimore.................
Richmond................
New O rlea n s..........

6 3.210

4,430

6 0,612

93,7*3
soj

W h ea t,
bu sh .

295,750
48,134
645
14,430
41,742

O a ts ,
b u sh .

B a r le y ,
bu sh .

359,100
130,725
53,700
79,154
22,586
1.470
29,400

112,950
1,480
800
16,800

406,711
957,485
679,144
178,207 1.143.721 1,011,609

132 030
82,482

8,000

1 3 ,1 7 4

T otal week........ 392,553
Week 1894................ 373,114

C orn ,
h u sh .

230,700
204,058
6,750
103,926
349,51L
8,000
54,540

R ye,
h u s h -.

2 ,1 6 9

2,46»
13,40»

r®ceipts at ports named in last table from Jan. 1
to March 23 compare as follows for four years:
Flour................... bbls..

1895
3,434,782

1894.
4,128,081

1893.
3,870,839

W heat........ .bush..
C orn........................... .
Oats...................
,
.
Rye....................
,

3,843.59*
6,435,172
6,521,72*
1 , 10 1,8 8 1
92,603

•2.975,220
18.426.019
7.146,661
1,415,972
55,594

8.136,577
10,420.123
7,784,873
1,827,225
100,594

17,529,982
41,074,222
11,255,752
2,112,106
1,683,081

, 17,995,978

30,019,436

23,315,397

73,555,143

R e ceip ts o f—

Total grain.

1892.
4,394,454-

The exports from the several seaboard ports for the week
eiding March 23,1895, are shown in the annexed statement:.

THE CHKOmCLE.

574
W heat.
bush.

E x p o r ts from —

C om .
bush.

New Y ork ........ .
49<i,201
71.715
B oston....................... 157. i >0
76.906
P o rtla n d .................
8,083
I t,' 00
Philadelphia............ 96,779
24.450
Baltimore................. . . . .
17.144
New Orleans...........
75,618
171,740
N o r f o l k ......................... . . . . . . .
110^71
Newport News........
40,000
17,143
M ontreal............................................ . •••

P e a t,
bush.

five.

Oats.
bush.

F lour,
bbls.

bush.

6,597

6.744
2,068

91.409
33,604

13,561

‘ 13,907
3t.«38
1,531
2>5
21,888
7.S12
7,300

Total w eek........... 887.796
Same tim e 1894.......1,369,831

20.161
82,1-35

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

The destination of these exports for the week and since
Sept. 1,1894, is as l - low. W e add the totals for the corres­
ponding periods of last year for comparison:
E xports f o r
week a nd since
Sept. 1 to—

-F lou r.W eek
Since Sept,
M ar. 23.
1,1894.
bbls.

W eek

W heat.—
Since Sept.

1. 1894.
bush.

19,870.151
7,763.084
11,168
6.W04
2.870
93,318

United Kingdom 122.257
Continent............
5.066
B. & C. A m erica.. 36,635
W est Indies........ 27.692
Brit. N. A . Col’s.
1.895
Other countries..
915

-C om .Since Sept.

Week

M ar. 23.
bush.

1.1894.
bush.

308.145
203.681
3 860
16,617

7,9'3,841
3.145.921
127,693
297.361

” 2,066

23,451

44.9(1

534,268 11,602,978
7.377,-38
867.796 27.747,553
7,658,283 1,369.861 30,6il,U 8 1,082,208 34.110 162

T o t a l................. 197,460
T otal 1894............ 210,737

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, March 23, 1895, was as follows:
W h eat,
bush.

I n store a t—

6.119.000
New Y ork ................
1.516.000
Do
afloat.......
A lb a n y .....................
B u ffa lo ....................... 2.680,000
Do
afloat..........
295,000
C h ica g o....................... 24.361.000
Do
afloa t......... 2,095 000
M ilwaukee.................. 691,000
Do
a floa t...........................
D u lu th ........................ 11,573 000
Do
afloa t..........
85.000
T oled o.......................... 2,088,(><>0
Do
afloat........... 299,000
D e t r o it ...................... 1,854,000
Do
afloat........... 257,000
Oswego........................
33,000
Bt. Louis..................... 3 , 242,000
Do
afloat...........
36,000
14,000
Cincinnati.............
B oston......................... 662,000
T o ro n to .......................
41,000
536.000
Montreal.....................
P hila d elp h ia ............
122,000
Peoria.......................... 2(8.000
Indianapolis............... 162,000
Kansas City................
607.000
453,000
Baltimore...................
Minneapolis................ 18,263,000
Bt. P a u l........................................
On Mississippi R iver.
35,000
On Lakes......................................
O n canal and riv e r...
47,000
Total Mar. 23 1895.75,773,000
Total Mar. 16.1895.76,874,000
Total Mar. 24,1894.72,1«4,000
Total Mar. 25.1893.78,211,000
T otal Mar. 26,1892.41.297,000

C om ,
bush.

383,000
85.000
95.000
541,000
4.898.000
2.329.000

649.000
If 2,000
35.000
34.000
199.000
1,8(5.000
858.000
10.000

25.000

248.000

‘ 33,000

348.000

ioí.ooó

‘ 27,000

""7,000

” 59,000

581.000

14.000

*91,000

662,000

*17,000

"3,0 00

161,000

' 19,000

20,000

2,391,000

823.000

29.000
19.000

34,000
188,000

Ì25.0ÓÓ

"V.00Ô

211.000

15.000

286,000
321.000
140.000
243.000
576.000
18,000

224.000
314.000
77.000
253.000
198.000
422.000

■»8,000

*84.000

" ' low
To.o'oo

52,000

10.000

20.000
2,000

” *6".bbö

"

low
6,000
21.000
35.000

44,000

‘ 60,000
13.396.000
13.439.000
19.165.000
15.101.000
12.154.000

6.353.000
6.350.000
2.713.000
4.559.000
3.891.000

1695.
M cA 2 3 .
P ro v id e n ce , 6 4 s q u a r e s .................... 1 1 6 ,0 0 0
P all R iv e r, 64 s q u a r e s ..................... 6 4 ,0 0 0
F a ll R iv e r, o d d s iz e s ...................... ..1 0 7 ,0 0 0

Stock o f Print Cloths—

1.000

1,000

l«n,000

Brown cottons in coarse yarn makes are J^c. to J^c. higher
than recent low prices, and to some extent this advance has
checked the demand; still a considerable business has been
done by converters and exporters, with a steady request from
jobbers. Fine browns have sold more readily and are occa­
sionally dearer. Coarse colored cottons show little improve­
ment in volume of business passing, and although the under­
tone is steadier sellers are not particularly difficult to deal
with on the basis of previous prices. Bleached cottons have
a firmer appearance, and there has been a clear expansion
in the demand for medium and fine grades. W ide
sheetings have been in fair request.
Cotton flannels
continue
quiet,
but
cotton
blankets
have
been
fairly well sold up.
Some large sales of kid-finished
cambrics are recorded and prices are steady. Other linings
in average request. Fancy calicoes are weak, with a limited
aggregate business. Fine printed goods in specialties m fair
request, although quieter than a week ago. Regular prints,
such as indigo blues, shirtings and staples, without special
feature. Ginghams are quiet throughout with some trading
in odd lots of dress styles. Staples inactive. Print cloths
close very firm at 2^jC. for extras, with a moderate business
transacted therein. Odds have been in considerable request at
firm prices.

Bariev,
bush
2,000

B ye,
lrush.

Oats
bush.

272.000
292.000
441.000
954.000
1,702,000

[V ol. L X .

962.000
1.004.000
686.000

1.173.000
1,094,009

Total stook(pteoes).. . . . . . . . . .

287,000

1894.

Mch. 24.
1 9 9 .0 0 0
3 1 5 .0 0 0
7 7 ,0 0 0

1893.

Mch. 2 5 .
21,000
1 8 ,0 0 0

None.

5 9 1 ,0 0 0

3 9 ,0 0 0

demand for men’s-wear woolens
run of
and worsteds has again been limited in the general
_
fabrics, but some agents with production uncovered in
medium grades have effected fair sales at the expense of
values. The situation is aggravated in other directions by
cancellations, a number of agents, owing to labor troubles at
the mills,being unable to make stipulated deliveries, and there
still being dissatisfaction on the part of some buyers
with the quality of the fabrics tendered to them. The
demand for cloakings
has
been
of fair extent
m
both staples and fancies but business in overcoatings con­
tinues indifferent. Fall lines of woolen and worsted dress
goods have had increased attention in fancies and good orders
have been taken in low and medium qualities ; plain goods also
in request. Prices a»re hardly settled but indications are that
they will not vary much from last season’s parity. Flannels
sell slowly ; blankets in fair request and carpets unaltered.
F o r e i g n D r y G o o d s .— The demand for new fall dress
goods has been considerable, and a number of foreign lines
have sold so well that samples have been withdrawn. In
silks a fair business is recorded for next season. In season­
able litres business is mainly of a cleaning-up character.
W

oolen

G

o o d s . — The

I m p o r t a t io n « a n d W a r e h o u s e W i t h d r a w a l s o f D r y G o o d »

THE

DRY

GOODS

TRADE.

The importations and warehouse withdrawals of dry goods
at this port for the week ending March 28, and since
January 1, 1895, and for the corresponding periods of last
The week opened with a surprise to the trade ia the an­
year are as follows:
nouncement that receivers had been appointed for the old«
*
££
g
established jobbing house of E. S. Jaffray & Co. on a friendly
$
H. H f a s s e s
suit to wind up the concern in anticipation of the withdrawal
tc>.oet5*
is s iti
of the interest at the end of the year of the late E. S. Jaffray’s
s g.
O —^
e « §-®K.
» :
0
S> '
0
estate.
The liabilities of the concern are estimated at a little
p:
tí
:
i lg:
over $8,000,000, which the receivers say will be paid in full
o
e:
The market was not affected by the announcement.
In com ­
»S*
a mission circles there has again been a good business in brown
Bi
1]
cottons, although in extent it has been less than last week,
*0 t?
•d■
owing more, however, to the firmness of sellers in asking
tí
CO MM
»
higher prices in many quarters than to absence of demand at
o ^ coo m
(-(fcOfcSWi-1
M<I05X
-j
«t
old prices or a little over. The cotton market is stili a good
w œ — jow
o o m o i 'i
M H*to (-*oo
support to this division of the goods market, but apart from
M
that the situation is strong, as so many agents have within o»
to ^
M- j
to
the past three weeks cleaned up stocks and sold their mills
<103
0»
PM PtO
ob« M
well ahead. Irf other directions the change from previous
CO05 ce <i to m ô 5
OM c o m o H» to
conditions has been mucn less noticeable than in the forego­ 1
ing,
There is occasionally more business doing and a firmer
to
gp
CO
<IMMMH
tone, but rarely any higher prices quoted in staples, whilst co
m coto »0 rfb. K) <35
Q m 3505 —* è
cop coj^ m
s
MM
*0
H
cotton dress fabrics are quite without change, the lateness of
coϕ-'cclu
corn <iVco woo
co co b CO05 O <1 O
COXH(MO
4-»QD H* O COO CO
«H
M X <J<lC5t0X
o
05 X CO35 m
the season militating against these.
to
top
40C
O
a
M rf^O
D o m e s t ic C o t t o n G o o d s . — The exports of cotton goods
to
eoo
******
from tVn> port for the week ending March 25 were 4,206 4*
m to-^co
<fo **MX<1<I
M
^ICOO®M «
h*torneo oo
packages, valued at $174,301, their destination being to the 00
wœ> Jow<i
CO
om xo<i
to
a
#
.O
M
CO
points specified in the table below:
oo’omVjD
£*■
<1*. Qn*OX
i encolo if* to
*15
o<J <t m*^i
1^<I co m e to h*
—co en ® -1
MmwMCO
N

ew

Y

ork

, F r id

ay

, P. M ., March 29, 1895.

2 ,3 1 8

....

5 0 ,9 4 0
6 ,4 7 3

5 7 .4 1 3
2 ,3 1 8
4 2 .6 ¿3
Total................................ I *.206
*From New England m ill points direot.
The value of the New York exports for the year has
been $1,859,326 in 1895 against $2,711,239 in 1894.




Value

4 1 ,3 9 3
1 ,2 5 0

238
21
70
922
1 35

1 ,5 3 7
856
2 2 ,2 9 5
2 ,6 1 6
5 ,3 2 0
1 ,6 9 0
5 ,2 4 3
470
1 ,3 5 1
8 ,8 5 2
710

Week Kndxnç
March 2 9 ,1 8 9 4 .

4 ,2 0 6

1 94
37
701
___
....

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

2 ,3 4 5
10
406
93
1 31
884
6

962
628
9 ,3 2 8
654
6 ,4 2 4
2 ,5 7 5
4 ,3 5 1
638
2 ,0 3 3
1 2 ,0 7 5
1 ,6 7 5

3 8 ,4 1 6
7 9 .1 4 2
9 7 .1 4 3
3 8 ,3 2 8
2 4,3 91

Total...........................
C9iina, via Vancouver*

27
253
51

m

I 5 ,1 0 3 ,9 0 3
1 19,789,7421

M e x ic o .....................

Central America..
South America ..
Other Countries..

1894

Week. Since Jan. 1

2 7 7 ,4 2 0
,2 4 7 ,9 9 0

Great Britain.......
Other European..
China. . . . . . . . . . . . .
India............. .
Arabia...................
A fr ic a ..................
West Indies..........

1895.

Week. Since Jan, 1.

I 1 ,0 9 3
7 ,1 0 8

1 8,2 0 1

N e w Y o r k to M a r . 25.

1 C0 -4 00GO-4

to to

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N

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05 CDMC* M

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C*M
00 o

M PPPM
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coeo

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<lp
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MmOMO
0*0

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00 5

»5«S

THE CHRONICI-K.

March 30 ÌM-5.J

S tate

awp

City D epartment.

TERM8 OF SUBSCRIPTION.
C o m m e rc ia l a n d F in a n c ia l C H R O N I C L E con­
tains 4 0 to 6 4 pages, published every week.
S tate a n d City S u p p lem en t of C H R O N I C L E con­
tains 1 8 0 pages, published periodically.
In ve sto rs’ S u p p lem en t of C H R O N I C L E (a Cyclo­
paedia of Railroad Securities) contains 1 6 0 pages, published
quarterly.

Street R a ilw a y S u p p lem en t o f C H R O N IC L E
contains 8 5 pages, published quarterly.
Subscription to CH RON ICLE for one year 8 1 0 .0 0 ,
which includes every issue of both Supplements.
Term s o f A dvertising—( Per inch space.)
O n e t i m e .................................... $ 3 5 0 I T d re e M on th s (13 t i m e s ) ..$ 2 5 0 0
O n e M on th
(4 t im e s ).. I I 0 0 S ix M on th s
(2 6 t im e s ) .. 4 3 0 0
T w o M on th s
(8 t im e s ).. 1 8 0 0 | T w elv e M onths (5 2 t im e s ).. 58 0 0
(T h e a b o v e term s to r o n e m o n th a n d u p w a r d a re fo r s ta n d in g ca rd s . )

T h e p u rp o se o l this S tate a n d City D e p a r tm e n t
is to furnish our subscribers with a weekly addition to and
continuation of the State and City Supplement. In other
words, with the new facts we shall give, tne amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
State and City Supplement to as near the current date as
possible. Hence if every Subscri ber will note in his Supple ­
ment on the page designated at the head of each item a
reference to the page where the item in the Chronicle can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
Forged Bonds o f Newton, N. H .— A special dispatch from
Haverhill, Mass., to the Boston Journal contains the follow ­
ing: “ It has been learned from a thoroughly reliable source
that forged bonds against the town of Newtôn, N . H ., are in
existence, and that a banking institution in Exeter, N. H ., is
the holder of such forged securities.
It is understood that the forged bonds were deposited with the
bank as collateral security, and that the genuineness of them
was not doubted until the Treasurer of ¡the town of Newton
was called upon some few weeks since to pay the interestbearing coupons. The bonds had been held at this bank for
several years, and each year the interest had been looked
after by the depositor in person, and the coupons had never
reached the Town Treasurer of Newton. This year, however,
in some way the coupons were sent to the Treasurer of the
town, and he at once discovered that they were duplicates of
-coupons already paid, and the inquiries which immediately
followed resulted in the discovery of the forgery. In 1875,
by a vote of the town of NewtoD, a portion of the indebted­
ness, amounting to $20,000, was bonded, bonds being issued to
the amount of $10,000, payable in 10 years, and a like amount
payable in 20 years, interest payable annually. The faGe of
the bonds as issued was signed by the Selectmen and Treasurer
of the town and the coupons by the Treasurer alone. More
bonds were printed than were used, but it was supposed by
the town officers at that time that the surplus was either
burned or destroyed in some manner. The bonds now in
question were of the 20-year issue, which became due this
week, and for which provision has been made.
A n ex-town official of Newton has visited Exeter and exam­
ined these bonds, and unhesitatingly pronounces them to be
forgeries. The signatures of the Selectmen and Treasurer are
apparently in the same handwriting, and but little attempt to
disguise was made.
F rau dulen t School Bonds.— According to a news dispatch
from Redfield, S. D ., the discovery has been made by corre­
spondence with Cortland, N. Y . , that a school-bond swindle
has been committed. Rufus T. Peck, of Cortland, asked for
information as to certain school bonds of Capitola Township,
reported to be in Spink County, S. D. The bonds are nine in
number, dated Jan. 5 , 1895, of $500 each. It seems that cor­
respondence had been carried on with persons in Doland, S.
D ., and the discovery made that no such school township as
Capitola existed. Fictitious names are used on the bonds for
the clerk and chairman of the school board. The bonds are
certified to by unknown men, and the name of Inm an, Audi­
tor, and the seal of the Auditor of Spink County are forged.




575

R o n d P r o p o s a ls a n d N e g o tia tio n s .— W e na
re
seived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale.
A llian ce, Ohio.— ( C h r o n i c l e , vol. 58, pages 244 and 1002,
and vol. 59, page 525.)—Refunding bonds of this city to the
amount of $6,500, running 10 years, have been sold to Dietz,
Denison & Prior of Cleveland for a premium of $546 50.
Altoona, P a.— ( C h r o n i c l e , vol. 59, pages 200 and 244, and
vol. 60, pages 51 and 361.)—The city of Altoona voted on
March 22 to issue $280,000 of bonds for the purpose of paying
certain judgments obtained against the city for cost of district
sewers, paying floating indebtedness of city and also to defray
cost of proper disposal of city sewage. The securities will
probably bear 4 per cent interest and run for 30 years. The
propositions to issue $50,000 for a city building and $70,000 for
an electric-light plant were voted on at the same election, but
both were lost.
Anderson, S. C.— School bonds to the amount of $20,000
were sold on March 15 to J. N. Brewer, of Anderson, at 103)^.
Barnstable, Mass.— Proposals will be received until April
6, 1895, by Charles F. Parker, Town Treasurer, Osterville,
Mass., for the purchase of $20,000 of 4 per cent practice and
model school bonds. The securities will be dated May 1,
1895, interest will be payable semi-annually on May 1 and No­
vember 1 at Boston, and the principal will mature at the
rate of $1,000 yearly from May 1, 1896, to May 1, 1915.
B la ir, Neb.— A n election will be held April 2 to vote on the
question of issuing bonds.
A statement concerning the financial condition of the city
will be found elsewhere in this Department.
Boston, Mass.— (C h r o n i c l e , vol. 58, page 914, vol. 59, pages
59, 383, 709 and 1115, and vol. 60, pages 51,231, 445 , 491 and
533.)—It is reported that on March 27 $1,000,000 of 4 per cent
40-year registered certificates of the rapid transit loan were
awarded to N. W . Harris & Co., L ae. Higginson & Co. and
Farson, Leach & Co., jointly, at 113 9 L. The securities wilL
be dated April 1, 1895. and interest will be payable semi­
annually in April and October at the City Treasurer’s office
in Boston.
Boulder, Col.— (C h r o n i c l e , vol. 60, page 491.)—City Treas­
urer W . H . Thompson reports to the C h r o n i c l e that an elec­
tion will be held April 2 to vote on issuing $12.000 of sewer
bonds. The Treasurer also states that the proposition is not
considered likely to carry.
Brookfield School D istrict, Mo.— ( C h r o n i c l e , vol. 50,
page 1115.)—W e are notified by the clerk of this district that
bids will be received until Aoril 10, at 4 P. M , for $7,000 of
school-house bonds which were voted in December.
The
loan will be dated April 1, 1895, interest at the rate of 6 per
cent will be payable semi-annually and the bonds will ma­
ture in from 6 to 20 years at the option of the School Board.
C aldw ell, Id ah o.— ( C h r o n i c l e , vol. 60, pages 288 and
400.)— Three bids were received on March 18 by A . C. Mac­
donald, City Clerk, for the purchase of $5,000 of electric-light
bonds, the loan to bear interest at the rate of 6 per cent, and
$13,000 of 6 per cent 20-year water-works bonds. A ll the
bids were rejected.
Cambridge, Mass.— ( C h r o n i c l e , vol. 59, pages 201 and 244.
and vol. 60. page 97.)—It is reported that this city has issued
a loan of $75,000, running 6J^ months.
Cascade, Iow a.— Proposals will be received until May 1,
1895, by Town Recorder J. H , Weber for the purchase o f
$10,000 of 5 per cent Cascade water-works bonds. Interest
on the securities will be paid semi-annually.

The Town Recorder's advertisem ent will he fou n d elsewhere
in this Department.
Chelsea, Mass.— ( C h r o n i c l e , vol. 60, page 491.)— On March

26 the f ollowing bids for the purchase of $160,000 of 4 per cent
refunding bonds, dated April 1, 1895, were received.
FOR $ 7 0 .0 0 0 DUE OCT. 1, 1 9 0 5 .

FOR $ 9 0 ,0 0 0 DUE OGT. 1 ,1 9 0 3 .
E . H . R o llin s & S o n ............1 0 1 4 4 9
B la k e B ros & C o .................1 0 1 -8 6 0
B lo d g e tt. M e rritt & C o ___ 1 0 2 '0 5 9
R. I*. D ay & C o ...................... 1 02 0 7 0
B re\ «ster,C ob b & E s t a b r ’k . 102 -0 7 3

E. H . R o llin s & S o n ............ 101 7 8 9
B la k e B ros. & C o................ 1 0 2 -1 6 0
R L. D a y & C o ...................... 1 0 2 -3 2 0
B re w s te r,C o b b & E s ta b r ’ k .l0 2 -5 7 5
B lo d g e tt, M e rritt & C o ___ 1 02 -6 8 7

Messrs. N. W . Harris & Co. bid 101*57 for the entire lot.
The bonds due in 1903 were secured by Brewster, Cobb & Estabrook at 102*073 and those maturing in 1905 by Blodgett, Mer­
ritt & Co. on their bid of 102*687.
Cleveland, Ohio.— ( C h r o n i c l e , vol. 58, pages 565, 611 and
831, vol. 59, pages 125, 343 and 1068, and vol. 60, pages 94,
142. 316 and 400.)—On March 23. 1895, the citv of Cleveland
sold $50,000 of 4 per cent Sewer District No. 15 coupon bonds.
Eight bids were received for the loan as follows :
B lo d g e t, M e rritt & C o , B o s t o n . . . ........ ................... .
.. ... .$ 5 1 , 5 1 0 0 0
S torrs & S m ith , N ew Y o r k C it y .............................. ........... . . . . ------ 5 1 ,4 0 5 0 0
E . ET. R o llin s & S on s, B o s t o n ............. ............................................... 5 1 ,3 9 9 50
Z. T . L ew is. D a y to n . O ........•.................................... ............................ 5 1 ,3 0 0 0 0
R L. D a y & C o.. B o s to n . . . _____ ________ . . . . . . . . . ____ . . . . . . 5 1 ,1 4 5 5 0
S e a s o n g o o d & M ayer. C i n c i n n a t i ..................... ................. ............ 5 0 ,8 3 3 2 5
E d w a r d C. J o n e s , N e w Y o r k C ity .......................... .......................... 5 0 ,7 8 5 0 0
W . J . H a y e s & S on , C l e v e l a n d . . . . . . .................................... ........... 5 1 ,0 2 7 0 0

The securities are to be dated April 1, 1895, interest will be
payable semi-annually on A o n l 1 and October 1, and the
loan will mature October 1, 1992.
Principal and interest will
be payable at the American Exchange National Bank, New
York City.

576

THE CHRONICLE.

Crook ston, Minn.—(C hronicle , vol. 59, page 1034 ) - P r o ­
posals will be received until April 9, 1895, by W m . A . Lanctot,
City Clerk, for the purchase of a $10,000 5 per cent general
fund bond. The bond will be dated April 1, 1895, and will
become due in 30 days.
Cumberland County, Me.— Four per cent refun ding bonds
of this county to the amount of $50,000 were awarded on
March 26 to Woodbury & Moulton, of Portland, Me., for a
premium of $421.
Essex County, N. J.—(C h r on icle , vol. 59, pages 163 and
345, and vol. 60, pages 313, 445 and 533.)—B mds of this county
to the amount of $210,000 were sold on March 22 to tbe H ow ­
ard Savings Institution at 102 8-10. Eight bids in all were
received for the bonds. They bear interest at the rate of 4
per cent and become due at the rate of $31,000 yearly for 10
years.

The securities are issued to refund a portion of the

$510,000 of war bonds falling due April 1, 1895. The net debt
of the county after April 1, 1895, will be $300,000.

Evanston, Ohio.—(Chronicle , vol. 60, p. 361.)—On March
25, 1895, the village of Evanston sold $10,000 of 6 per cent
water-works bonds to the Atlas National Bank, Cincinnati,
for $10,400 and accrued interest. Six bids in all were re­
ceived. The securities are to be dated April 8, 1895, interest
will be payable semi annually, both principal and interest to
be payable at the Atlas National Bank, Cincinnati, and the
principal will mature in ten years.

[VOL. L X .

refunding bonds. The securities will be dated July 1, 1895,
interest will be payable semi annually on January 1 and July
1, at the office of Messrs. W inslow, Lanier & Co., New York
City, and the principal will mature July 1, 1915.

Full particulars regarding the sale are given in the Comp­
troller's advertisement elsewhere in this Departm ent.

Jamaica Union Free School District No. 2, N. Y.—(Chron­
icle , vol. 59, pages 84, 164, 485 and 5 3 4 .) -O a March 27, 1895,
this district sold $30,000 of 5 per cent gold bonds. $17,500 toMr. Geo. M. Hahn, of New York, at 104'52, and $2,500 to Mr.
B. Farner, of Hollis, at 106. Interest is payable semi-annually.
Madison, W is.— (Chronicle, vol. 60, page 446 ) —O a March
20, 1895, the city of Madison sold $120,000 of 4 per cent re­
funding bonds to N. W . Harris & Co. at par, the city to pay
them a commission of $1,047. Tne securities are to be dated
April 1, 1895, and the loan will mature April 1, 1915. Princi­
pal and interest will be payable at the First National Rank of
Madison. Other bids were as follow s:
W . J. Hayes & Sans bid par, less $2,207 commission ; R.
Kleybolte & Co. bid par, less $3,750 com m ission ; Mason,
Lewis & Co. bid par, less $4,800 com m ission; Lamprecht
Bros. Co. bid on the basis of par for a 4
per cent bond; W . J..
Hayes & Sons offered a premium of $1,870 on a 4J^ per cent
bond ; R. Kleybolte & Co. offered a premium of $2,750 for a
4 % per cent bond.

Marion, Ohio.—(Chronicle, vol. 58, page 915, vol. 59,
Frem ont, Neb.—(C hronicle , vol. 60, page 445.) - An elec­ pages 201, 385, 751 and 890, and vol. 60, pages 100 and 402.)
tion will be held April 2 to vote on issuing $100 ,000 of 5 per Street improvement bonds to the amount of $62,000 have
cent bonds to refund the same amount of bonds now drawing been awarded to Dietz, Denison & Piior. The loan bears in­
interest at the rate of 6 per cent.
terest at the rate of 5 per cent and runs from 1 to 15 years.
Grand Rapids. M ich .—(C hronicle , vol. 58, page 1119;
Massachusetts.— (Chronicle vol. 58, pages 565, 650, 691r
vol, 59, pages 126, 617 and 710, and vol. 60, page s 269, 362 832, 877, 1003, 1046 and 1082, and vol. 59, pages 617 and 684.)*
and 491.)—On March 20, 1895, W . A . Shinkman, City Clerk, — Proposals will be received until April 2 for the purchase of
received the following bids for $100,000 of 4 par cent refun d- a $500,000 temporary loan falling due Nov. 25, 1895.
ing water-works bonds:
New Bedford, Mass.— (Chronicle, vol. 58, pages 692, 745W . W . H a rris & C o.. C h ica g o ..................................................................$ 1 0 3 ,1 3 7
L a m p r e ch t B r o s .. C l e v e l a n d ................................................................ 1 0 3 ,1 2 7 and 746, vol. 59, pages 890 and 1069, and vol. 60, page 492.)
R u d o lp h K le y b o ld t e <fc C o., C in cin n a ti............................................... 1 03 ,39 0 Following is a list of the bids received on March 27 for
J a m e s W . L o n g s tr e e t <fe C o., B o s t o n .................................................. 101,630 $58,000 of registered sewer bonds and $24,000 of registered
S. A . K ea n & C o., C h ica g o ........................................... ............. ■............ 1 0 1 ,5 0 0 improvement bonds.
R . L . D ay & C o., B o s t o n ............................................................. *1".'."."". l<>2,329
E . H . B o llin s & S on, B o s t o n ......................................................J_____
1 0 2 ,3 2 9
B r e w s te r , C ob b & E s ta b r o o k , B o s t o n ............................................... 1 0 2 ,0 5 0
8 e a s o n g o o d <fe M a yer, C in cin n a ti............... ......................................... 1 0 2 ,5 6 1
Z. T. L e w is , D a y to n , O h io............. ...........................................II* .".".. 1 02 ,47 5
M a s o n . L e w is & C o., C h i c a g o . ....................... ..........................."I...". 1 0 3 ,5 9 0
E . H . G a y & C o., C h ic a g o ........................................................................ 1 0^ ,533
W . J . H a y e s & S ons. C le v e la n d ......... .................................................. 1 0 3 ,3 6 0
D ie tz , D e n is o n <& P rio r, C le v e la n d .:................... ............................... 1 0 3 ,1 7 6

The city’s bonded indebtedness on February 15, 1895, con­
sisted of $887,000 of water bonds, $150,000 of City Hall
bonds, $351,900 of school bonds and $550,000 of bonds for
street improvements, making a total of $1,938,900.
The
assessed valuation for 1894 of real estate was $20,044,135;
personal property, $5,216,142 : total, $25,260,277 ; actual valu­
ation, $100,000,000.
The population, according to local
figures, is 90,000.
The Grand Radids Democrat reports that the City Council
has not yet decided to issue the $150,010 of electric-light
bonds which were authorized by popular vote about a year
ago.
The securities will be dated June 1, 1895, interest will be
payable annually at the Fourth National Bank, New York
City, and the principal will mature June 1, 1915.

Sewer bonds.

E . H. R o llin s & S ons, B o s t o n ................................ 106-339
B rew ster, C obb & E sta b r o o k , B o s t o n ................ 107 03
T a b e r A c a d e m y , M a r io n .
...................................*106-30

Im p. bonds.
102-919
102-81
103

*Tlns h id w as f o r o n ly $ 1 ,2 0 0 o f s e w e r b o n d s .

The securities are to be dated April 1, 1895, and bear inter­
est at the rate of 4 per cent, the sewer bonds maturing in 30>
years and the improvement bonds in 10 years.
Peabody. Mass.— It is reported that this town has awarded1
a loan of $70,000, running 7 months, to R. L. Day & Co. at
about 4 per cent discount.
Petersburg, Y a .— (Chronicle,vol. 58, page 957, and vol. 60,
pages 94 and 314.)—Five per cent 40-year bonds of the city o f
Petersburg to the amount of $194,500 were authorized by the
Common Council at its meeting March 1. G. B. Gill, City
Auditor, reports that the securities will soon be offered fo r
sale.

Riverside, Ohio.—( C h r o n i c l e , vol. 53, page 651, and vol.
59, pages 127,344,526, 710, and vol. 60, page 233.)—The people
of Rivers de have voted in favor of issuing $50,000 of bonds
for water-works.

Stewart County, Ha.— (Chronicle, vol. 60, page 446.)— w e
Hieksville, Ohio.—(Ch ron icle , vol. 60, page 534.)— There is
a current report to the effect that the people of Hieksville are notified by one of the county officials concerning a propo­
will soon vote on issuing $10,000 of water-works bonds, but sition to issue bonds for the purpose of building a court-house
we are notified by E . L . Clay, Village Clerk, that no bonds at Lumpkin, that the matter is now in the hands of the Coun­
ty Commissioners and that it will probably be June or July“
are to be issued.
before anything definite is decided upon.
Holyoke, M ass. —(C hronicle , vol. 58, pages 831,915 and
St. Paul, M inn.— (Chronicle, vol. 58, page 1048; vol. 59 ,
953; vol. 59, pages 126, 129, 486, 526 and 935, and vol. 60. page
234.)—Proposals will be received until April 2, 1895, by Pierre pages 164 and 300, and vol. 60, pages 269, 314 and 538 ^—Pro­
Bonvouloir, City Treasu rer, for the purchase of $150,000 of 4 posals will be received until April 13, 1895. bv J. J. McCardy,
per cent gold municipal bonds. The securities will be d ited City Comptroller, for the purchase of 500 certificates of in­
April 1, 1895, interest will be payable semi-annually on April debt dness of the denomination of $500 each, issued in antici­
1 and October 1, and the principal will mature April 1, 1905, pation of taxes. The securities will be dated April 15, 1895,.
both principal and interest to be payable at the National Hide interest at the rate of 5 per cent will be payable semi-annually,,
and the principal will mature July 15. 1896. Bids must state
& Leather Bank of Boston, Mass.
distinctly how much will be offered in dollars and cents fo r
Home City, Ohio.—(Chronicle , vol. 60, pages 52 and 313.) each certificate over and above par and accrued interest.
— Five per cent bonds of this village to the amount of $>,000
Toledo, Ohio.—(Chronicle , vol. 58, pages 651, 746, 788*
have been sold to Messrs. Rudolph Kleybolte & Co., of Ciacionati, for a premium of $230, this being the highest of six bids. 878, 1005, 1048 and 1084, vol. 59,'pages 39, 203, 441, 526. 574,
Interest is payable semi-annually and the bonds mature March 664, 711, 891 and 1157, and vol. 60, pages 188, 314, 318 and
1, 1925. They are issued for fire department and public offices, 403.)—It is reported that Toledo has sold $360,000 of refund­
ing bonds at 100 0325. The bonds are dated April 1, 1895,.
Indiana.—(Chron icle , vol. 59, page 1071, and vol. 60, pages bear interest at the rate of 4 per cent, payable semi-annually,,
446 and 534.)— Three and one-half per cent refunding bonds
and mature April 1, 1925, both principal aad interest to be
of Indiana to the amount of $585,000 were sold on March 23
payable at the Importers’ & Traders’ National Bank, N ew
to the Indiana Trust Company, Indianapolis, at 1O2,701. York City.
Nine bids in all were received for the bonds. The securities
Versailles, K y.— (Chronicle, vol. 60, page 492.)— City
will be dated April 1, 1895, interest will be payable semi­
annually on April 1 and October 1, at the fiscal agency in Clerk H . S. Berry writes us that i r, has been decided not t o
New Y ork C ity, and the principal will mature April 1. 1915, issue the proposed electric-light bonds.
with option of call after April 1, 1910.
Winton Place, Ohio.—(Chronicle, vol. 58, page 1123, vol.
Indianapolis, Ind.— (Chronicle , vol. 58, pages 660 and 59, pages 85, 128, 345, 527 and 1070, and vol. 60, pages 54 and'
787, vol. 59, page 384, and vol. 60, pages 146 and 491.)— 403.) —Proposals were asked until March 25, 1895, by R. B .
Poage, Village Clerk, for the purchase of $3,000 of 6 per cent
Proposals will be received until May 1, 1895, by City Comp­ water-works bonds- but before the date fixed for the sale the*
troller P. C. Trusler for the purchase of $200,000 of 4 per cent bonds were withdrawn from the market.




M arch 30, 1895.]

THE CHRONICLE.

T O TA L DEBT o n F e b r u a r y 1, 1 8 9 5 , w a s $ 8 0 0 ,0 0 0 , in c lu d in g a
flo a t in g d e b t o f $ 1 0 0 ,0 0 0 . O f th is flo a tin g d e b t $ 6 0 ,0 0 0 b e a rs in te re s t
a t th e r a te o f 6 p e r ce n t. O n F e b r u a r y 1 ,1 8 9 4 , th e t o t a l d e b t w a s
$ 7 0 0 ,0 0 0 ; in 1 8 8 0 i t w a s $ 9 ,1 2 0 . .

S T A T E AND C IT Y D E B T CHANGES.
W e subjoin reports as to municipal debts received since
the last publication of our S t a t e a n d C i t y S u p p l e m e n t .
Som e of these reports are wholly new and others cover items
o f information additional to those given in the S u p p l e m e n t
and of interest to investors.

T A X VALUATION.—I n 1 8 9 4 th e a ssessed v a lu a tio n o f r e a l p r o p e r t y
w a s $ 4 9 ,1 3 1 ,6 7 9 ; im p r o v e m e n ts , $ 1 9 ,8 1 9 ,9 6 9 ; p e r s o n a l p r o p e r t y ,
$ 1 8 ,7 8 0 ,2 4 2 ; ra ilro a d s , t e le g ra p h a n d te le p h o n e s , $ 1 1 ,7 7 1 ,3 5 2 ; t o ta l,
$ 9 9 ,5 0 3 ,2 4 3 . I n 1 8 9 3 th e t o ta l a ssessed v a lu a tio n w a s $ 1 1 7 ,5 0 5 ,3 7 5 ;
in 1 8 9 1 , $ 1 2 1 ,1 4 6 ,6 4 8 ; in 1 8 9 0 , $ 1 0 4 ,7 5 8 ,7 5 0 ; in 1 8 8 9 , $ 5 1 ,9 1 7 ,3 1 2 .
T h e r e a l v a lu e is e s tim a te d a t $ 2 5 0 ,0 0 0 ,0 0 0 .
POPULATION OF TERRITORY. —T h e p o p u la tio n o f U ta h k e e p s
s te a d ily ga in in g , a n d d o u b tle s s n o w th a t th e T e r r it o r y ha s b e e n g iv e n
th e p riv ile g e s o f S ta te h o o d th e in cr e a s e w ill b e e v e n m o r e r a p id .
S itu a ted in w h a t is c a lle d th e a rid r e g io n o f th e W e st, s y s te m a tic ir r ig a ­
tio n ha s d o n e w o n d e rs in p r o m o t in g a g ric u ltu re , a n d a t th e sa m e tim e
th e m in in g in d u s try h a s a d d e d g r e a tly to th e p ro s p e r ity o f th e T e r r it o r y .
I n 1 8 6 0 p o p u la tio n w a s b u t 4 0 ,2 7 3 ; b y 1 8 7 0 it h a d m o re th a n d o u b le d
a n d w a s 8 6 ,7 8 6 ; 1 8 8 0 fo u n d a n in cr e a s e t o 1 4 3 ,9 6 3 a n d in 1 8 9 0 th e
t o ta l h a d g o n e a b o v e t w o h u n d re d th o u s a n d , b e in g 2 0 7 ,9 0 5 . I n 1 8 9 4
th e e s tim a te d p o p u la tio n w a s 2 5 2 ,8 3 4 .
1 89 0 .................2 0 7 ,9 0 5 11 8 7 0 .................. 8 6 ,7 8 6 1 8 5 0 ................. 1 1 ,3 8 0
1 8 8 0 .................1 4 3 ,9 6 3 |1 8 6 0 .................. 4 0 ,2 7 3
I n 1 8 6 0 -7 0 in cr e a s e w a s 4 6 ,5 1 3 , o r 1 1 5 -4 9 p e r c e n t ; in 1 8 7 0 -8 0
5 7 ,1 7 7 , o r 6 5 -88 p e r c e n t ; a n d in 1 8 8 0 -9 0 , 6 3 -9 4 2 , o r 4 4 -4 2 p e r ce n t.

U ta h .— ( C h r o n i c l e , vol. 59, page 125.)— The following
statem ent of Utah’s debt, resources, & c., has been corrected
by means o f a special report to the C h r o n i c l e from J. W .
W hitehead, Jr., Territorial Treasurer.
Organized as a Territory (Act Sept. 9, 1850)
- Sept. 9, 1850
Total area of Territory (square miles)
84,970
Territorial C a p i t a l ........................................Salt Lake City
■Governor (term expires with nat’l adm’n) - Caleb W . W is t
■ S e c r e t a r y ........................................ Charles C. Richards
Treasurer (term expires Mar. 10, 1896) - J . W . Whitehead, Jr.
•Legislature meets biennially in even years on the second Mon­
day in January, and sessions are limited to 60 days.

The following is the text of the conditions provided in the
bill for the admission of Utah as a State of the Union, passed
by the House of Representatives December 13, 1893, and the
Senate, July 10, 1894.

LOANS—
•— Interest .— , ,------------ P rincipal, ----------- ,
WAME AND PURPOSE.
P. Ct. Payable. When D ue. Outstand'g.
B u ild in g b o n d s ............................. 5
J & J J u ly 1, 1 9 1 0 $ 3 0 0 ,0 0 0
S u b je ct t o c a ll a fte r J u ly 1, 1 9 0 0
T e r r it o r ia l b o n d s . ....................... 5
.T & J J u ly 2, 1 9 0 8
1 5 0 ,0 0 0
do
do
................ 1 89 2 5
J <fc J J u ly 1, 1 91 2
*2 50 ,00 0

After providing for a convention of delegates to adopt a State
Constitution and the submission of the Constitutiou to the
people for ratification in November, 1895, the bill furthe
provided :

** T h is lo a n n o n -ta x a b le .

fPAR VALUE.— B o n d s a re in p ie ce s o f $ 1 ,0 0 0 ea ch .
INTEREST o n th e T e rr ito ria l b o n d s o f 1 8 9 2 is p a y a b le

in S a lt L a k e
■City, o r a t th e office o f W ells, F a rg o & C o., N e w Y o r k ; o n a ll o th e r
iiOttds in S alt L a k e C ity o r a t th e A m e r ic a n E x c h a n g e N a tio n a l B a n k
i n N e w Y ork .

F irs t—T h a t th e p e r fe c t to le r a tio n o f re lig io u s s e n tim e n t s h a ll b e
se cu re d , a n d th a t n o in h a b ita n t o f sa id S ta te shall e v e r b e m o le s te d in
p e rs o n o r p r o p e r t y o n a c c o u n t o f h is o r h er m o d e o f r e lig io u s w o r s h ip ;
p r o v id e d th a t p o ly g a m o u s o r p lu ra l m a r ria g e s a re fo r e v e r p r o h ib ite d .
S e co n d —T h a t th e p e o p le in h a b itin g s a id p ro p o s e d S ta te d o a g re e a n d
d e cla re th a t t h e y f o r e v e r d isc la im a ll rig h t a n d title t o th e u n a p p r o ­
p ria te d p u b lic la n d s ly in g w ith in th e b o u n d a rie s th e r e o f, a n d t o a ll
la n d s ly in g w ith in s a id lim its o w n e d o r h e ld b y a n y I n d ia n o r In d ia n

DEBT LIMITATION .—T h e in d e b te d n e ss o f th is T e r r it o r y is lim ite d
t>y A c t o f C on gress t o o n e p e r c e n t o f th e a ssessed v a lu a tio n .

NEW

LOANS

8 2 0 0 ,0 0 0

NEW

577

LOANS.

PRO POSALS FOR

NEW

LOANS.

PROPOSALS FOR

8 2 0 0 ,0 0 0
C I T Y O F IN D IA N A P O L IS , State of Georgia 31/2 Per Cent
REFUNDING BONDS.
City of Portland, O regon,
20-Year Bonds.
Department op Finance, >
Office of City Comptroller, >
Indianapolis. Ind ., March 27, i8»5 . )

Sealed bids will be received by the ctry o f Indian­
apolis, Indiana, through the City Comptroller, until
May 1,1895, at 12 « ’clock M., fo r the whole or any
part o f 1200,000 refunding bonds o f said city. Said
bonds will be designated “ Indianapolis Refunding
■Bonds o f 1805,” will be dated July 1,1895, and will
b e in denom ination o f $1,000 each, with interest
coupons attached, will draw interest at the rate o f
fou r per cent (4 per cent) per annum, payable semi­
annually on the first day o f January and first day o f
July o f each year, the principal payable m twenty
(20) years, and both principal and interest payable
■at the banking house o f W inslow, Lanier & Com­
pany, New York.
These bonds are to be issued and sold for the pur­
pose o f taking up certain outstanding bonds o f said
■city which will becom e due July 1, Xa85, in the sum
-of $200 ,000.
Bids for the purchase o f said bonds should be In­
dorsed “ Proposal fo r R efunding Bonds.” and di­
rected to the Citv Comptroller. Indianapolis, Ind.
Bidders may bid fo r all or any part o f said bonds.
The proposals will be opened by t.be City Comp­
tro ller at nis office on the first day o f May, 1895, be­
tw een the hours o f 12 o’clock M. and 2 o ’clock P. M.,
and said Comptroller will thereupon award said
bonds, or, If he shall see fit, a part or any number
thereof, to the highest and best bidder therefor, and
<shall have the right to accept a part o f any bid and
<to award upon any bid the whole or any less num­
ber o f the bor.ds covered by such bid, he being the
.sole judge o f the sufficiency or insufficiency o f any
hid; and he may, in his discretion, award a part o f
said bonds to one bidder and a part to another, or
■he may reject any or all bids.
Each bid shall be accompanied with a duly certl
■fled check upon some responsible bank o f the City
•of Indianapolis, Indiana, payable to the order o f the
-City Treasurer, fo r a sum o f money equal to five
per cent o f the face or par value o f the bonds bid
for, which check and sum o f money will be forfeited
■to the city as agreed and liquidated damages, if
•bonds shall be awarded upon said bid and the pur­
ch aser shall fail to take up the said bonds at the
(proper time, or if fo r any reason such check shall
.n ot be paid when presented fo r payment.
I f the Comptroller shall award the whole or any
start o f the bonds upon any bid or proposal, the cer­
tified check accompanying the bid or pi oposal upon
■which such award is made shall he presented for
paym ent by the City Treasurer, and he shall hold
»the proceeds collected thereon until the com pletion
o f the purchase and the payment o f the bonds so
¿awarded; ano all tfnforfeited checks o f unsuccess­
fu l bidders will be promptly returned to the person
■entitled thereto.
The bonds awarded will be delivered at the bank­
in g house o f W inslow, Lanier & Company, New
York, July 1,1895, and must be taken up and paid
•for on that day. But the date fo r taking u o and pay­
in g for said bonds, so fixed, may be extended, at the
option o f the Comptroller, for a period o f ten days
follow ing said date, and the purchaser shall take up
-and pay fo r the same at any time, upon the request
o f the Comptroller, within said ten days.
Said refunding bonds are being offered fo r sa’ e
»under and by virtue o f General Ordinance No. 9,
1895, passed by the Common Council o f the City o f
Indianapolis on the 18th day o f March, 1895, and
approved by the Mayor March 25th, 1895, and all
■bids, proposals and deposits will be made and re­
ceived subject to the terms and conditions m ore
«fully set forth in said ordinance.
P. C. TKUSLER, City Comptroller.




Executive Department, State of Georgia, )
A tlanta , March 14th, 1895. j

By authority and in pursuance o f an Acr. o f the
General Assembly o f the State o f Georgia entitled,
“ A n A ct to provide fo r the sale o f the Northeastern
Railroad; to make provisions fo r the discharge o f
the liability o f the State on the bonds o f said Rail­
road Company, and fo r this purpose to authorize the
issue o f bonds o f the State, the par value o f which
shall be equal to the amount o f the State’s daM ity
by reason o f its endorsem ent upon the bonds o f
said Com pany; to authorize the exchange o f said
State bonds with the hbld ersof said endorsed bonds
and to provide fo r the sale o f so many o f the said
State bonds as may be necessary to pay such o f the
endorsed bonds as shall not be thus exchanged and
o f all accrued interest on said endorsed bonds, and
for other purposes.” Approved December 18th, 1894.
Bids will be received at the Treasury o f the State
in the City o f Atlanta, Georgia, until ten o ’clock A.
M. on W ednesday, the first day o f May, 1895, f o r :—
A series o f the bonds o f the State o f Georgia, to
pay the principal and accrued interest i f tue North­
eastern Railroad bonds endorsed by the State. Said
principal and interest amounting to tw o hundred
and ninety thousand ($J9D,OoO) dollars, m ore or less.
The number o f bonds issued being determined by
the casn payment made by the purchaser o f the
Northeastern Railroad at tne sale th ereof on April
16th prox. at Athens, Georgia. Said bonds shall be
o f the denom ination o f five hundred dollars each,
and shall be dated May 1st, 18c5, and due twenty
years th e'ea fter, and shall bear interest three and
one half per cent per annum, and shall be payable,
both principal and interest, at the office o f the
Treasury o f the State in the City o f Atlanta, Geor­
gia, and also in the City o f New York, at such a bank
as the Governor may elect. T o each o f said bonds
coupons will be attached fo r the Interest due on said
bonds, which will be paid semi-annually on the first
day o f May and N ovember o f each year. A ll o f said
bonds t<> be delivered and paid fo r at the Treasury
<>f the t-tate or at the fiscal agency o f the State as
the Governor and Treasurer may elect on the first
day o f May, 1895, or as soon as the bonds are deliv­
ered to the purchaser. 8aid bonds will be non-taxable by any authority whatsoever in t his State. A ll
bids must be accompanied by a deposit o f ten thou­
sand dollars, to be made with the Treasurer o f the
State, which deposit is made as a guarantee that the
successful bidder will faithfu lly carry out his con ­
tract as set forth in his bid m ade to the Treasurer
as a bove called for. said deposit may be made in a
check fo r that amount certified by a solvent bank
approved by the Treasurer. The right is hereby
reserved to reject any and all bids and under a pro­
vision o f th e A ct authorizing the sale no hid will be
received at a price less than par, nor will any bid be
received with any proviso or condition other than
that called fo r in the advertisement.
W . Y . ATKINSON, Governor.
R. W . H A RD EM AN , Treasurer o f Georgia.

M U N IC IP A L

AND

Office of the Bridge Committee, )
pF the City of Portland, Oregon. j

Sealed proposals will be received by the Bridge
Committee o f the f ity o f Portland, until Monday,
April 8th, 1895, at tw elve o ’clock noon, fo r the purcnase o f $200,000, or so much thereof as said Bridge
Committee shall elect to issue and dispose of, o f tne
bonds o f said city, in denom inations o f $ i ,000 each,
dated April 1,1895, payable thirtv years from date,
and bearing interest at the rate o f fire per cent per
annum, payable on the first days o f April and Octo­
ber o f each year, principal and interest payable in
United States Gold Coin at the office o f tue Treasurer
o f said city. Said bonds to be paid for and delivered
to the purchaser at the City o f Portland,, the bidder
to pay the accrued interest from April 1st to date o f
delivery, in addition to the price hid.
These bonds are issued under authority o f an act
o f the Legislative Assembly o f the State o f Oregonapproved February 21,1895, and will be issued and
delivered with coupons attached fo r interest from
April 1,1895.
Every bid must be accompanied by an approved
certified check on some res jonsible bank fo r five per
cent o f the par value o f the am ount o f the bonds
bid fo r, and th e successful bidder will be required
to deposit, within forty-eight hours after the award
o f th e contract, an approved certified check on
some responsible bauk o f said C ity ot Portland fo r
five per cent o f the par value o f the amount o f bonds
bid for, payable to tb e order o f the Clerk o f the
Bridge Committee o f said City o f Portland, Oregon,
as liquidated damages in case the bidder should fail
or neglect to take and pay fo r the bonds according
to the terms o f the proposal and the contract. T he
right to reject any and all bids is reserved.
Sealed envelopes containing prop 'sals should be
addressed to the undersigned at his office, No. 510
Chamber o f Commerce Building, Portland, Oregon,
and marked “ Proposals fo r Purchase o f Bridge
Bonds.”
By order o f the Bridge Committee,
J. V . BEACH,
Clerk o f the Bridge Committee.

S P E C IA L
0

O F F E R IN G .
Per Cent

G O LD
W R IT E

FOR

BONDS.
P A R T IC U L A R S ,

R A IL R O A D

BONDS

A n d a l l L o c a l S e c u r itie s B o u g h t a u d S o ld .

NEW Y O R K , B R O O K LYN AND JE R ­
SEY C IT Y BONDS A S P E C IA L TY .

W. E. R. SM ITH,

16 B R O A D ST R E E T ,

B ridge Bonds.

-

NEW Y O R K .

Campbell, Wild & Co.,
AN D ER SO N ,

IN D .

WARRANTS
fragasstate**
COUNTY, CITY AND SCHOOL.
JNO. P. D O R R A CO., Seattle, W u h ,

THE CHRONICLE.

578

t r i b e s ; a n d th a t u n til th e t itle t h e r e o f s h a ll h a v e b e e n e x tin g u ish e d b y
t h e U n ite d S tates th e sam e sh a ll b e a n d rem a in s u b je ct to th e d isp o s i­
t io n o f th e U n ited S tates, a n d sa id I n d ia n la n d s shall re m a in u n d e r th e
a b s o lu te ju r is d ic t io n a n d c o n tr o l o f th e C on gress o f th e U n ite d S ta t e s ;
t h a t th e la n d s b e lo n g in g to citiz e n s o f th e U n ited S ta tes r e s id in g w itn o u t th e sa id S tate sh a ll n e v e r b e t a x e d a t a h ig h er r a te th a n th e la n d s
b e lo n g in g t o t h e resid en ts t h e r e o f; th a t n o t a x e s sh a ll b e im p o s e d b y
th e S ta te o n la n d s o r p r o p e r t y th e re in b e lo n g in g to , o r w h ic h m a y h e re ­
a fte r b e p u rch a se d b y th e U n ited S ta tes o r re s e rv e d fo r its u s e ; b u t
n o t h in g h erein , o r in th e o r d in a n c e h erein p r o v id e d fo r , s h a ll p re clu d e
th e s a id S tate fro m t a x in g , as o th e r la n d s a re t a x e d , a n y la n d s o w n e d
o r h e ld b y a n y I n d ia n w h o h a s s e v e re d h is t r ib a l re la tio n s, an d h a s o b ­
ta in e d fr o m th e U n ited S tates o r fr o m a n y p e rs o n a title th e re to b y
p a te n t o r o th e r g r a n t, s a v e o r e x c e p t su ch la n d s as h a v e b e e n o r m a y
b e g r a n te d to a n y In d ia n o r In d ia n s u n d e r a n y a c t o f C o n gre ss c o n ­
ta in in g a p r o v is io n e x e m p t in g th e la n d s thus g r a n te d fr o m t a x a t i o n ;
b u t sa id o rd in a n c e sh a ll p r o v id e th a t a ll su ch la n d s sh a ll b e e x e m p t
f r o m t a x a tio n b y sa id S ta te so lo n g a n d t o s u ch e x t e n t as su ch a c t o f
C on g ress m a y p re s crib e .
T h ird —T h a t th e d e b ts a n d lia b ilitie s o f sa id T e rr ito ry , u n d e r a u ­
t h o r it y o f th e L e g is la tiv e A ss e m b ly th e re o f, s h a ll b e a ssu m ed an d p a id
b y su ch S tate.
'
F o u rth —T h a t p r o v is io n sh a ll b e m a d e f o r th e e s ta b lis h m e n t a n d
m a in te n a n ce o f a s y stem o f p u b lic s ch o o ls w h ic h shall b e o p e n t o a ll
th e c h ild re n o f sa id S ta te a n d fr e e fr o m s e cta r ia n co n tr o l.

Governor W est concluded his last annual report to the
Secretary of the Ioterior w i'h the following remarks on the
prospective Statehood :
“ G r e a t j o y ha s b e e n b r o u g h t to th e p e o p le o f U ta h b y th e p a ss in g o f
th e e n a b lin g a c t fo r o u r a d m ission in to th e U n io n as a s o v e re ig n State.
W h ile th e ch a n g e s in o u r s o c ia l a n d p o lit ic a l c o n d itio n s h a v e b e e n
ra p id , t h e y h a v e n ev e rth e le ss b e e n c o m p le te , an d n o v o ic e is n o w h e a rd
in o p p o s it io n t o S ta teh ood . A ll p o lit ic a l p a rtie s a n d p e o p le c o n c e d e
t h e ju s t ic e o f i t a n d a re n o w w o r k in g u n ite d ly f o r th e b u ild in g u p
o f th e n e w co m m o n w e a lth . U n d e r th e S ta te gov ern m en t) w e c o n fi­
d e n t ly a n ticip a te a n in flu x o f p o p u la tio n su fficien t t o stre n g th e n ou r
citie s , c u ltiv a te o u r v a lle y s , a n d as s o o n as th e In d ia n re s e rv a tio n s a re
t h r o w n o p e n fo r s ettlem en t, t o c o m p le te ly t r a n s fo r m th e m in to p r o ­
d u c t iv e g a rd en s a n d field s, t h r ift y v illa g e s a n d to w n s .
“ W ith th e im m ig r a tio n b o u n d t o fo llo w S ta teh ood , m illio n s o f d o lla rs
w ill se e k s a fe a n d p ro fita b le in v e s t m e n t here in ir o n w o r k s, m ills, fo u n
d rie s , fa c t o r ie s a n a v a r io u s m a n u fa c tu r in g a n d co m m e rcia l e n te rp rise s,
w h ic h o n ly r e q u ir e th e a ss u ra n c e o f a n u n ch a n g in g g o v e r n m e n t an d
s ta b le la w s to in su re th e ir a p p o in tm e n t in th o s e a ctiv itie s . O u r m e ta l
a n d c o a l m in in g w ill a lso r e c e iv e a n im p e tu s th a t w ill n e c e s s ita te th e
b u ild in g a n d e x t e n s io n o f ra ilro a d s to n e w a n d u n d e v e lo p e d p o rtio n s
o f th e c o m m o n w e a lth . T h e fu tu r e seem s fu ll o f p ro m ise f o r t h e n e w
S ta te a n d w ith o u r u n d e v e lo p e d re s o u rc e s a d d ed t o w h a t a re n o w
v is ib le w e m a y s a fe ly r e ly u p o n h a v in g o n e o f th e w e a lth ie st, m o st
s ta b le a n d p ro s p e ro u s S ta tes in th e A m e r ic a n U n io n .”

$ 2 2 5 ,0 0 0
State of South Dakota

Richmond, Ya.—Richard M. Taylor, Mayor. The follow ing
statement has fleen corrected by means of a special report to
the C h r o n i c l e from E. J. W arren, City Auditor. On January
1, 1895, the city called $319,000 of its 5 per cent bonds for pay­
ment. A n issue of $225,000 has been authorized for the re­
demption, but the new issue will not be sold for some months,
and in the meantime the assets of the sinking fund have been
used and the floating debt has been somewhat increased. On
February 1 $255,950 of the called bonds had been paid.
Richmond is the county seat of Henrico County.
LOANS—
When Due^
LOANS—
When Due.

B onded D ebt— (C ont.)
B onded D ebt6 s, J & J , $ 9 ,8 0 0 (r e g .). .J u ly , 1 9 0 9
88. J & J , $ 1 6 1 ,6 0 0 .......... J u ly , 1 9 0 4
($ 1 9 ,5 0 0 c o u p o n a n d $ 1 4 2 ,1 0 0 reg .) 6s, J & J , 6 6 ,6 0 0 (r e g .)..J a n ., 1 9 1 0
8s, A & O . $ 1 0 0 ,0 0 0 ...........O ct., 1 9 0 4 6s, J & J , 1 9 ,9 0 0 ( r e g .)..J a n ., 1 91 1
($ 8 1 ,0 0 0 c o u p o n a n d $ 1 9 ,0 0 0 reg .) |6s, J & J, 1 2 .0 0 0 (r e g .) ..J a n ., 1 9 1 2
6 ,0 0 0 (r e g .) ..J u ly , 1 9 1 3
8s, J & J,
$ 6 0 0 (r e g .).J a n ., 1 9 0 6 l 6s, J & J,
8s, J & J , _ 8 0 0 (re g .).J u ly , 1 9 0 6 6s, J & J, 1 0 .0 0 0 ( r e g .)..J a n .. 1 9 1 4
5s, J & J , 1 7 5 ,5 0 0 (re g .)* . J a n ., 1 9 1 9
5 ,5 0 0 (re g .)* .J a n ., 1 9 2 0
($ 1 1 ,0 0 0 c o u p o n a n d $ 3 4 0 ,2 0 0 reg. ) 5s, J & J ,
8s, J & J , $ 6 3 ,5 0 0 ..............J u ly , 1 9 0 7 5s, J & J ,2 6 1 ,7 0 0 ( r e g .)..J a n ., 1 92 1
($ 1 ,0 0 0 c o u p o n a n d $ 6 2 ,5 0 0 reg.) 5 s, J & J , 3 8 ,8 5 0 (r e g .) ..J u ly , 192 1
8s, J & J , $ 2 8 ,2 0 0 (r e g .).J a n ., 190 8 5s, J & J , 1 4 0 .0 0 0 (r e g .).. J a n ., 1 9 2 2
8s, J& J, 2 8 9 ,8 0 0 ............ J u ly , 1 90 8 5s, J & J ,3 9 6 ,5 0 0 (r e g .) ..J u ly , 1 9 2 2
($ 6,0 00 c o u p o n a n d $ 2 8 3 ,8 0 0 reg .) 5s, A & O , 1 ,0 0 0 ( r e g .)..O c t ., 1 9 2 3
8s, J & J , $ 1 8 4 ,0 0 0 ............J a n ., 1 90 9 4 s, J & J , 1 0 1 ,0 0 0 (r e g .)-.J a n ., 1 9 2 0
($ 2 ,0 0 0 co u p o n a n d $ 1 8 2 ,0 0 0 reg.) 4 s, J & J, 1 7 5 ,0 0 0 ( r e g .)..J u ly , 1 9 2 0
6s, J & J , $ L ,3 0 0 (re g .). .J a n ., 1 9 0 0 4 s, J & J , 1 2 8 ,3 0 0 ( r e g .)..J a n ., 1 92 1
6s, J & J , 6 0 1 ,7 3 5 .............. J a n ., 1 9 0 4 4 s, J & J , 2 4 ,4 0 0 ( r e g .)..J u ly , 192 1
6 ,0 0 0 ( r e g .)..J a n ., 1 9 2 2
($ 3 ,0 0 0 c o u p o n a n d $ 5 9 8 ,7 3 5 reg.) 4 s, J & J ,
6s, J & J, $ 9 4 ,9 4 0 .............. J u ly , 1 90 4 4 s, J & J , 4 4 ,0 2 5 ( r e g .)..J u ly , 1 9 2 2
4
s,
J
&
J
,2
4
2 ,0 0 0 ( r e g .)..J a n ., 1 9 2 3
($ 3 6 ,0 0 0 c o u p o n a n d $ 5 8 ,9 4 0 reg.)
6s, J & J, $ 5 4 ,9 0 0 .............. J a n ., 1 90 5 4 s, J & J , 5 2 ,5 0 0 (r e g .) ..J u ly , 1 9 2 3
4s,
J
&
J,
1
2
7 ,0 0 0 ( r e g .)..J a n ., 1924,
($ 5,0 00 c o u p o n a n d $ 4 9 ,9 0 0 reg.)
6 s, J & J, $ 1 7 3 ,0 2 0 (re g .).J u ly , 1 90 5 4 s, J & J ,5 5 5 ,5 0 0 (r e g .) ..J u ly , 1 9 2 4
4
s,
J
&
J
,
9
3
,0 5 0 ( r e g .)..J a n ., 1 9 2 5
6s, J & J , 2 6 1 ,0 8 0 (re g .).J a n ., 1 9 0 6
6s, J & J , 1 1 0 ,0 5 0 .......... J u ly , 1 9 0 6 4s, J & J , 1 8 2 ,1 5 0 (re g .)J u ly 1 ,1 9 2 5
($ 1 ,0 0 0 c o u p o n a n d $ 1 0 9 ,0 5 0 reg .) 4 s, J & J , 4 3 9 ,4 5 0 (re g .)J a n . 1 ,1 9 2 6
6s, J & J, $ 1 2 4 ,7 6 0 ............J a n ., 1 90 7 4 s, J & J , 1 4 0 ,0 0 0 ( r ^ g .)..J u ly , 1 9 2 6
($ 4 ,0 0 0 c o u p o n a n d $ 1 2 0 ,7 6 0 reg.) 4 s, J & J , 1 3 ,0 0 0 ( r e g ) . .J a n ., 1 9 2 7
6s, J& J, $ 1 2 6 ,9 0 0 ........... J u ly , 1 90 7 4 s, J & J ,2 0 0 ,0 0 0 ( r e g .). .J u ly , 1 9 2 7
($ 1 5 ,0 0 0 c o u p o n a n d $ 1 1 1 ,9 0 0 reg.) 4 s, J & J , 2 5 5 ,0 0 0 (re g ) . .J a n ., 1 9 2 8
6s, J & J, $ 6 ,3 7 2 (r e g .)..J a n ., 190 8 4 s, J & J ,2 7 1 ,5 0 0 (r e g .) ..J a n ., 1 9 2 9
6s, J & J, 7 5 ,2 0 0 ...............J a n ., 190 9
($ 1 ,0 0 0 c o u p o n a n d $ 7 4 ,2 0 0 reg.)
T h e 5 p e r c e n t b o n d s m ark ed thus (*) in th e a b o v e t a b le a re s u b je c t
to ca ll te n y e a rs a fte r th e ir d a te o f issue.

N E W LOANS.

N E W LOANS.
New

[You L i

F IN A N C IA L .

$ 3 0 ,0 0 0 '0 0
$ 2 0 0 ,0 0 0
W hatcom , W ash.,
City of Toledo, Ohio?
Gold 5 l-2 s .
30-Year, 4 Per Cent
Refunding Bonds.

Dated April 1st, 1893 ;•due April 1st, 1913. Interest
April and October 1st, in New York.
True valuation, estim ated...............$12,000,000
Assessed valuation........................... 6,09a,796
Net debt...............................................
262,000
Population, 1890....................... 4,059
PRICE AND PARTIC U LAR S ON A P P L IC A T IO N .
*
1893.......................7,000
Dated March 1,1895. Denomination $1,000.00 each.
New W hatcom is the county-seat o f W hatcom
Interest payable A pril 1st and October 1st. Both
County,
and
the
fourth
city
in
size
in
the
State
o
f
rincipal and Interest payable at the Chase National W ashington. It is located upon Bellingham Bay,
Bank in New York Cii y.
which affords the finest harbor upon Puget Sound,
and is connected by daily boats with Seattle ana
Tacoma. T he Great Northern Railroad and Cana­ 3 0 W e s t T h ir d S tr e e t,
C in c in n a ti, O h i o .
P rice an d M a t u r it ie s a s F o l l o w s :
dian Pacific Railroad provide New W hatcom with
two trans-continental lines, while the N orthern Pa­
$125,000.00 maturing April 1, 1896. cific Railroad is now within twelve miles o f the City.
T he City has several banks, schools, newspapers,
P R I C E , $ 1 0 2 an d In t e r e s t.
and large mills from which lumber is sbipped to
California and foreign ports. Constitutional limit,
per ceut o f assessed valuation, exclusive o f water­
$100,000 maturing April 1, 1897, 5works
and sewer debt. The water-works, fo r which
these Bonds are issued, return a revenue to the City
P R I C E , $ 1 0 3 . 8 1 an d In te r e st.
after meeting the annual interest charge.
Legality approved by Messrs. Storey & Thorn­
A t above prices bonds yield an incom e o f 4 per cent
dike , Boston, Mass. Legal investment fo r New
A S S ’ D . V A L U E ........ , . $ 8 , 3 0 0 , 0 0 0 .
per annum.
Hampshire and R hode Island Savings Banks.
T O T A L D E B T , ....
1 6 0 .0 0 0 .
Price, 103 and interest.
F IN A N C IA L S T A T E M E N T ,
P O P U L A T I O N , 1 2 ,0 0 0 .

6% Coupon Revenue Warrants.

Rudolph Kleybolte & Co,,

$ 9 0 ,0 0 0
Great Falls, Montana,
10-20 Year 6% School Bonds.

R e a l Y a lu a t io n ................... $ 6 0 0 , 0 0 0 , 0 0 0 . 0 0

5% W a l l S tr e e t. N e w Y o r k .

P o p u la tio n (C en su s 1 8 9 0 ) , 3 2 8 ,8 0 8

BONDS.

They offer th e most desirable form o f short-time
investm ent which the market can afford.
T h e y a r e lith o g ra p h e d in bond lo rm , w ith
in te r e s t coupons a tta c h e d ; a r e th e binding
o b lig a tio n s o f th e S ta te o f S ou th D a k o ta ,
a n d a r e p a y a b le lrom gen eral t a x e s a lre a d y
le v ie d an d in t h e ’c ou rse o f c o lle c tio n . The
warrants have been issued by authority o f an act o f
the State Legislature passed a r. the present session,
th e le g a lit y o f sa id A c t h a v in g been p assed
upon an d affirm ed by the S u p rem e C o u rt ol
th e S ta te o f South D a k o t a . W e have also had
Judge John F. Dillon, o f New York City, review the
entire proceedings and the form o f the warrant, and
will furnish his written opinion approving their
egality.
T h e S ta te h a s n e v e r d e fa u lte d .
A le g a l in v e stm e n t fo r th e S a v in g s B a n k s
o f N e w Y o r k S ta te .
Corr spondence and Personal Interviews Invited.

ILLINOIS TRUST & SAYINGS BANK,
R o o k e r y B u ild in g , C h ic a g o .

^

German-American Investment Co.}

A sse se sd V a lu a tio n (1 8 9 3 ) 1 3 6 , 0 3 2 , 8 4 0 . 0 0
T o t a l F u n d e d D eb t, $ 1 , 0 4 0 , 2 0 0

MASON, LEWIS & 00,, BANKERS,
1 7 1 L a S a lle S t ., C h ic a g o .




Farson, Leach & Co.,
NEW Y O R K .
C H IC A G O .
Correspondence Solicited.
List mailed upon application.

GOLD

BONDS.

M UNICIPA L SE C U R IT IE S

Detroit, Mich........................ I Per Cent
66
Chicago, 111........................ ..7
Legal Investments f o r Savings
64
Sandusky, Ohio.................
Banks and Trustees in
64
Portland, Ore.................... ..5
New York State.
6»
Yallejo, Cal......................... .6
6
»
Decatur, Ind......................
W h a n n & S c h l e s in g e r
«6
Muskingum Co., Ohio....... . 5
BAN KERS,
66
2 W a l l S tr e e t, N e w Y o r k .
Floyd Co., Ind................... ..5
44
Berrien Co., Mich.............
64
Superior, Wis., Street Ry. ..6

W. J. Hayes & Sons,
BANKERS,

Dealers in M UNICIPAL BONDS,

W. J. Hayes & Sons.,
B o sto n , M a s s ,,

3 1 1 - 3 1 3 S u p e rio r St,
C le v e la n d , O hio,

Street Railway Bonds, and other high grade in­
vestments
BOSTON, MASS.,
C le v e la n d . O h io,
7 Exchange Place.
3 1 1 - 3 1 3 S u p e rio r S t*

Cable Addrests, “KENNETH

THE CHRONICLE.

M a r c h 30, 1895.]

PAR VALUE OF BONDS.— T h e b o n d s a re In m u ltip le s o f $ 1 0 0 .
INTEREST is p a y a b le in R ic h m o n d .
T O TA L DEBT, SINKING FUNDS, E t c .—T h e s u b jo in e d sta te

57»

Hamilton, Ohio. —C. S. Booch, Mayor. The following state­
ment has been corrected by means of a special report to the
Chronicle from City Clerk J. J. McMaken.
Hamilton is in Butler County.

m e n t sh o w s R ic h m o n d ’ s t o ta l fu n d e d d eb t, th e s in k in g fu n d h e ld b y th e
c it y a g a in s t th e sam e, a n d th e c it y ’ s flo a tin g d eb t, o n th e 1 st o f F e b ru
a r y o f e a ch o f th e la s t fo u r y e a r s :
1 89 5 .
1894.
1893.
1892.
T o t a l b o n d e d d e b t . . . . $ 7 ,0 0 3 ,1 8 3 $ 6 ,7 9 7 ,3 4 2 $ 6 ,5 0 3 ,5 3 3 $ 6 ,3 1 7 ,0 6 5
S in k in g fu n d s , & c
.............
..............
9 1 ,8 8 1
1 4 8 ,8 0 2

LOANS—
When Due.
E lectric -L ight B onds—

W ater W orks B onds—
5s, J & J , $ 3 4 2 ,0 0 0 . J u ly 1,’ 9 5 t o ’ 12T o ta l d e b t F e b . 1 6 ,1 8 9 5 . $ 9 0 9 ,2 0 4
S in k in g f u n d ......................
25,029»
N et d e b t ................................ 8 8 4 ,1 7 5
W a te r d e b t (in c lu d e d ) ... 342,000»
T a x v a lu a tio n , r e a l ..........6,113,640»
T a x v a lu a tio n , p e r s o n a l.2 ,2 9 6 ,4 9 0
T o ta l v a lu a tio n , 1 8 9 4 ....8 ,4 1 0 ,1 3 0
A ss e ss m ’t a b o u t 2-5 a o tu a l v a lu e .
T o ta l t a x (p e r $ 1 ,0 0 0 )........... $ 3 0 -8 0
P o p u la tio n in 1 8 9 0 w a s ........ 17,565P o p u la tio n in 1 8 8 0 w a s ........ 1 2 ,1 2 2
P o p u la tio n in 189 5 (e s t .).. .2 0 ,3 0 6 -

5s, M & S, $ 1 0 0 ,0 0 0 .J u ly l , ’0 4 t o ’ 18

G as W orks B onds—

5s, F & A , $ 1 5 0 ,0 0 0 .F e b . 1 ,’ 9 9 t o T 8
N e t b o n d e d d e b t .........................
.............. $ 6 ,4 1 1 ,6 5 2 $ 6 ,1 6 8 ,2 6 3
(S u b je ct to c a ll a fte r F e b . 1, ’09.)
F lo a tin g d e b t __ ; . . . . . $ 3 0 2 ,0 0 0
$ 3 3 3 ,7 2 3
$ 3 0 1 ,4 8 6
$ 2 3 2 ,1 7 2
R efunding B onds—
T h e t o t a l d e b t in 1 8 8 9 w a s $ 5 ,6 6 0 ,6 6 8 .
5 s, . . . . , $ 8 3 ,0 0 0 ..........1 8 9 6 to 1 90 1
Sew er B onds—
C ITY P R O P E R T Y .—T h e estim a ted v a lu e o f th e p r o p e r t y o w n e d b y
t h e c it y o n F e b ru a ry 1 ,1 8 9 5 , w a s $ 5 ,1 6 4 ,7 3 7 . T h is in c lu d e s th e w a te r 4 *28, F & A , $ 2 5 ,0 0 0 . A u g . 1 ,’ 0 4 to ’08
4128, . . . . , 7 5 ,0 0 0 .... 1 8 9 5 t o 1 9 1 0
w o r k s , v a lu e d a t $ 1 ,5 0 0 ,0 0 0 ; ga s w o r k s , $ 1 ,2 0 0 ,0 0 0 ; m a r k e ts, $ 2 0 2 ,0 0 0 . 4128, . . . . , 5 9 , 0 0 0 .. ..1 8 9 6 t o 1 91 1
Sinking F und B onds—
D E B T L I M I T A T I O N .—T h e c it y ’ s d e b t is lim ite d b y its c h a r te r to 18
412s, J & J , $ 6 3 ,0 0 0 . J u ly 1 ,’ 9 9 t o ’ l l
p e r c e n t o f t h e assessed v a lu a tio n o f r e a l e sta te.
Street I mprovement B ondsASSESSED VALUATION a n d t a x ra te h a v e b e e n as fo l l o w s :
68, . . . . , $ 1 2 ,2 0 4 ..........1 8 9 6 to 1 90 5
,------------------- A ssessed V aluation. --------------------- s
City Tax
I N T E R E S T o n w a t e r b o n d s is p a y a b le a t F ir s t N a tio n a l B a n k , N e w
Tears.
Beal.
Personal.
Total.
p e r $ 1,0 00 .
1 8 9 4 ................. $ 4 3 ,6 7 6 ,4 9 4
$ 1 9 ,6 0 7 ,2 7 8
$ 6 3 ,2 8 3 ,7 7 2 $ 1 8 -0 0
Y o r k C ity , a n d u p o n a ll o t h e r b o n d s a t c it y tre a su ry .
1 8 9 3 ................. 4 2 ,3 4 2 ,6 3 8
2 0 ,7 1 6 ,4 2 9
6 3 ,0 7 9 ,0 6 7
18-0 0
1 8 9 2 ................. 4 1 ,3 8 9 ,0 2 1
1 9 ,7 2 5 ,5 4 7
6 1 ,1 1 4 ,5 6 8
............
In connection with his financial report the City Clerk makes1 8 9 1 ................. 4 0 ,3 4 3 ,5 5 5
1 8 ,2 2 9 ,9 7 2
5 8 ,5 7 3 ,5 2 7
14-00
1 8 9 0 . . . . . . . . 3 5 ,3 4 1 ,6 5 2
1 6 ,6 4 0 ,6 3 7
5 1 ,9 8 2 ,2 8 9
14-0 0
the following statement:
1 8 8 5 ................. 3 2 ,3 4 8 ,0 0 0
1 3 ,7 5 2 ,0 0 0
4 6 ,2 0 0 ,0 0 0
14-0 0
“ The city owns and operates its own gas-works, which is on
T h e t a x ra te f o r 1 8 9 4 in clu d e s S ta te t a x $ 4 a n d c i t y t a x $ 1 4 .
a paying basis. Besides having reduced the price of gas to
P O P U L A T I O N in 1 8 9 0 w a s 8 1 ,3 8 8 ; in 1 8 8 0 it w a s 6 3 ,6 0 0 ; in 1 8 7 0
the citizens from $2 to $1 per 1,000 coal gas, the first bonds
i t w a s 5 1 ,0 3 8 . T h e es tim a te d p o p u la tio n fo r 1 8 9 5 is 9 0 ,0 0 0 .

do not fall due until 1899, and the gas trustees have already a
surplus of over $>13,000—$3,000 more than enough to redeem
the first block of bonds in 1899. The city is now building its
own electric-light plant, at a cost of $100,000, to light its
streets with arc lights and to furnish citizens with incandescent
light. The city is building a system of sanitary sewerage
which will cost $80,000, which is separate and independent of
its storm water sewers. The city has a standing offer of onem illion dollars for its water-works and gas-works. The elec­
tric-light plant and the sanitary sewerage system are also good
i-alable properties ; putting those in at the actual cost, and thegas and water plants at what the city has been offered, with a
reasonable valuation of the city’s real estate, gives the total
assets of the city to date at $1,329.729.’

B la ir, N eb.— E. A . Stewart, Mayor. The figures of in­
debtedness, etc., given in the following statement have been
corrected by means of a special report from C. Schmachten berg, City Clerk.
County seat of Washington County.

LOAN S■
■ When due.
Coukt H ouse B onds—

T a x v a lu a tio n , r e a l ........... $ 1 2 1 ,2 6 3
T a x v a lu a tio n , p e r s o n a l..
9 7 ,4 6 8
T o t a l v a lu a t io n 1 8 9 4 ........ 2 1 8 ,7 3 1
A ss ess m en t H a c tu a l v a lu e .
T o t a l t a x (p e r $ 1 , 0 0 0 ) .. .. • $ 6 4 -8 0
W ater W orks B onds—
7 s, A u g ., $ 2 0 , 0 0 0 ... .A u g . 1 0 ,1 9 0 5 P o p u la tio n 1 8 9 0 w a s ............... 2 ,0 6 9
P o p u la tio n 1 8 8 0 w a s ............... 1 ,3 1 7
S u b je ct t o c a ll a t a n y tim e.
T o ta l d e b t M ar. 2 0 ,1 8 9 5 . .$ 2 5 ,0 0 0 P o p u la tio n 1 8 9 4 (e s tim a te d ).3 ,0 0 0
INTEREST is p a y a b le in N e w Y o r k b y K o u n t z e B roth e rs .

6 s , J & J, $ 5 ,0 0 0 ........... J u ly 1, 1 90 9
S u b je ct t o c a ll a t a n y tim e.

M IS C E L L A N E O U S .

M IS C E L L A N E O U S .

BONDS.
M U N ICIP A L

BONDS

FOR IN V ESTM EN T.
P A R T IC U L A R S

UPON A P P L IC A T IO N .

_______ C H IC A G O .

Loeb & Gatzert,
MORTGAGE BANKERS,

City o f Pittsburg, Pa.
City of Brooklyn, N. Y.
City o f Denver, Col.
City of Pneblo, Col.
City of Davenport, Iowa.
City of Superior, Wis.
City of Auderson, Ind
City of Youngstown, Ohio.

First Mortgages for sale in large and small amount»
uettlng Investors 5,
and 6 per cent, secured byimproved and income-bearing Chicago city property»

Price, description and full list of other Securities
on application.

A. O. SLAUGHTER, Member N. Y. Stock Exchange
WM. V. BAKER, Member Chicago Stock Exchange

C. H. W H ITE & C O .,
BROADW AY,

-

-

NEW Y O R K .

125 L A S A L L E S T R E E T , C H I C A G O

P rin c ip a l an d In te r e s t p a y a b le i n 'G o ld .
CORRESPONDENCE SOLICITED.

A. O. Slaughter & Co.*
BANKERS,

MEMBERS OF THE NEW YORK AND BOSTON
STOCK EXCHANGES.

W. N. Coler & Co.,

DEALERS IN COMMERCIAL PAPER.

1 1 5 -1 1 7 L A B A L L E S T R E E T ,

C H IC A G O , IL L S .
C hicago S e c u ritie s B ought a n d S o ld .

B A N K IE R S .

B O N D S TIÏÏLDI™

Blake Brothers & Co., MUNICIPAL BONDS
2»
5

STATE
NASSAU

STREET,
S T .,

NEW

BOSTON.
YORK.

34 NASSAU STREET.

BONDS.

APRIL LIST

Legal Investments for Savings

ISSUED T O -D A Y ,
M A IL E D

Banks in New York.

ON A P P L I C A T I O N .

N. W. H AR R IS & CO.,

Street, Wykes & Co.,

BANKERS,

4 4 W A L L STREET, NEW Y O R K .

15 W A L L STREET,

-

NEW Y O R K .

810,000

Drawing Five Per Cent Interest Semi-annually.
F or further particulars address,
J. H. W EB E R, T ow n Recorder,
CASCADE, IO W A .




A. G. Becker & Co.,
(INCORPORATED)

C O M M E R C IA L P A P E R
151 La Salle St., Chicago, 111.

Jamieson & Co.,
S T O C K S —B O Y D S ,
Members New York and Chicago Stook Exchange.»
187

DEARBORN

STREET,

C h ic a g o , Ille*

8 % Municipal W arrants
O U R S P E C I A L T Y . Choice State, County and
City Issues always on hand. WASHINGTON IM ­
PROVEM EN T CO., 31 Equitable Building, Boston.

Town of Cascade, Iowa,
Water Works Bonds, W M . F R A N K L IN
T o b e sold M a y 1 s t , 1 8 9 5 .

Z

C ITY, MASON, LEW IS & C O ., Banker»
C O U N TY
171 LA8ALLE 8TREET,
SCHOOL SEND f o r l i s t s .
CHICAGO

BOOKS

H ALL
ACCOUNTANT A U D IT E D

New forms designed for books of ». coount.

Settlement of Insolvent Bstat *.
118 Exchange Building, 63 state Street, Boston

Private wire to New York and Philadelphia.

SEARS

& W H IT E

Successors to
EUGENE R. COLE,

S T A T IO N E R S A N D P R IN T E R S .
Supply Banks, Bankers, 8tock Brokers and Cor­
porations with oomplete outfits of Account Book»
and Stationery.
ga r New concerns organising will have thei
orders promptly executed.

N o. 1 W IL L IA M S T R E B T .

580

IH E CHRONICLE.

Canadian JÇanfcs*
Bank of Montreal.
[ESTABLISHED 1817.]

C A P I T A L Paid In - . 8 1 3 .0 0 0 .0 0 0 Gold
'S U R P L U S ................... 8 6 ,0 0 0 ,0 0 0 Gold
H E A D O F F IC E , M O N T R E A L .
•HON. Sir DONALD A . SMITH, President.
K. s. CLOU8TON, General Manager.

N E W YORK OFFICE
N o s. 8 9 a n d 61 W A L L S T R E E T .
W a l t kb W a t s o n , > ,
.
R. Y. H e bd bn ,
} Agent».
Buy and sell Sterling and Continental Exchange
Cable Transfers; grant Commercial and Tray*
elers’ Credits, available In any part o f the world
'.iSsne drafts on and make collections in Chicago
th rou gh ou t the Dom inion o f Canada.

'L o n d o n O ffice, N o . 3 3 A b c h u r c h L a n o
A L E X ’ R L A N G , M anager.

Merchants’ Bank of Canada
C a p ita l Stock Paid up...............8 6 ,0 0 0 ,0 0 0
•Reserve Fund................................ 8 3 ,0 0 0 ,0 0 0

The Mercantile National Investment Securities.
Bank,
PA RTIC U LAR S UPON APPLICATION .

OF T H E C I T Y OF N E W Y O R K ,

No. 191 BRO AD W AY.
Capital,
.
Surplus Fund,

Imperial Bank ot Canada.

.
-

8 1 ,0 0 0 ,0 0 0
1 ,0 0 0 ,0 0 0

.

D r a w e r s o f Sterling; E x c h a n g e .

Canadian Bank of Commerce
’U apltal and Surplus,
.
8 7 ,3 0 0 ,0 0 0
H E A D O FFICE , TO R O N T O .

Alex. Laird and Wm. Gray, Agents,
16 EXCH AN GE PLACE, NEW Y O R K "

BANK OF SCOTLAND, LONDON.
AGENCY OF THE
B

a

n

N E W O RLEAN S, LA .
C apital.. 8 1 ,0 0 0 ,0 0 0 I Surplus....8 4 7 5 ,0 0 0
C. MORRIS, Pres.
E D W A R D TOBY, Gnah,
Correspondents.—Nat. City Bank, Nat. Bank o f
Commerce, New York. Boatm en’s Bank, St. Louis.
N. W . Nat. Bank, Chicago. Merchants’ Nat. Boston.

SAN FRANCISCO.

The First National Bank
O F SAN F R A N C IS C O , CAL..
UNITED STATES DEPOSITARY.

Capital, 8 1 ,5 0 0 ,0 0 0 I Surplus,

8 8 7 5 ,0 0 0

8. G. M u r p h y , President, J a s . K. L y n c h , AstCaah
J a m e s M ofjutt , V.-Pres.,
General Banking Business. Accounts Solicited.

fP t r a u c ia X .

OF

B ritish N orth A merica,
No. 53 W A L L S T R E E T .
Buy and sell Sterling Bxohange and Gable Tram
iers. Issue demand drafts on Scotland and Ireland
« I s o on Canada and San Francisco.
C I R C U L A R N O T E S issued In Pounds Ster*
Europe, China, Japan, East and W est Indies and the
Brazils, River Plate, Australia, etc.
Bills collected and other banking business trans*
-Acted.
W . LAWSON,
1
F. BRO W N FIE LD.I Ajrent*’

c i a l.

Hong Kong & Shanghai
B A N K IN G

A . IH. T O W N S E N D , A g e n t , 5 0 W a l l S t.

W. H. Goadby & CG.j
B A N K E R S AND
K o .

34

BROKERS,

B R O A D
New Y o r k .




S T R E E T 2

BANKERS AND BROKERS,

No. 53 W E T B O S 8E T S T R E E T ,

P R O V ID E N C E , R . I.
Dealers In Commercial Paper, Governments and
other first-class Bonds and Securities, and Foreign
Exchange.
Private telegraph wire to New York and B oston,
Members o f New York and Providence Stock E xohi

E. W. Clark & Co.,
BANKERS A N D BROKERS,

N o . 1 3 9 S ou th F o u r th St.,
P H IL A D E L P H IA .
Transact a general banking business. Allow
Interest on deposits.
Members o f the Philadelphia and New York Stock
Exchanges, and connected by private w h o wits
New York

P IT T S B U R G ,

BANKERS,
18

W ALL

STREET,

NEW

YORK.

E s t a b lis h e d 1 8 6 5 .

PEM .

CORRESPONDENTS
Bank o f New York, N. B. A .
First National Bank o f PhUadelpbla.

MEMBERS OF NEW.- YORK STOCK EXCHANGE.

Allow interest on deposits subject to sight check.
Buy and sell on commission stocks and bonds either
for cash or on margin, and deal In

Investment Securities.

A. M. Kidder,
H. J. Morse,

Ohas .
w . m.

D. Marvin ,
Kidder .

DICK BROTHERS & REA
30 BROAD

BUY A N D SELL

Stocks and Bonds.
Members N. Y „ Phlla. and Chicago Stock Exons
Private W ires to Phlla., Pittsburg and-Chicago.

BANKERS AND BROKERS,
N o. 1 0 W A L L

E d w a r d s W h it a k e r .

Ch a r l e s H o d g m a n !

Whitaker & Hodgman,
BOND AND STOCK B R O K E R S ,
3 0 0 N o r t h F o u r t h S tr e e t,

S T . L O U IS .

STREET,

S T ., N E W Y O R K .

Orders fo r Stocks and Bonds executed at all E x ­
changes. Especial attention given to supplying
high-class
IN V E S T M E N T S E C U R IT IE S .

Fred. H. Smith,

Irwin, Ellis & Ballmann,
BANKERS AND BROKERS,

Deal

in

C incinnati Bonds'

5 1 W e st Third Street,

Cincinnati. Ohio.

P IT T S B U R G ,

PA.

ESTABLISHED 1871.

Whitney & Stephenson,
BANKERS AN D BROKER '

N o. 57 F O U R T H A V E N U E ,
Oldest Pittsburg members N. Y . Stock Exohang

No. 8 B R O A D S T R E E T , N E W Y O R K .

C. W. Branch & Co.,

STOCKS AND BONDS.

BANKERS AN D BROKERS,
St a t e b a n k B u il d in g ,

ACCOUNTS

SOLICITED.

INTEREST A LLO W ED ON BALANCES.
Market Letter on Application.
Correspondence
Invited. Established 1868.
A ll classes o f Unlisted Securities and Traction
Stocks Bought and Sold.

C O R P O R A T IO N .

Paid-up Capital.......................................... $10,000,000 00
R eserve Fund............................................
6,000.000 00
R eserve Liability o f Proprietors............ 10,000,000 00
T he Corporation grant Drafts, Issue Letters o f
Credit fo r use o f travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore,
Saigon, Manilla. H ong Kong, F oo m ow , Amoy,
JNingpo, Shanghai, Hankow, Yokonam a, H iogo,
Sun Francisco and London.

. Ja c k s o n .

BANKERS,

MARGIN
I P t t i m

b e n j a m in a

N. Holmes & Sons,

John H. Davis & Co.,

k

4 0 W a te r S t., Boston.

New Orleans Canal &
Banking Company, Wilbour, Jackson & Co.,

Travelers’ Letters of Credit
•available in a ll parts of the W o rld on the

R. L. Day & Co.,
J o s h u a W il b o u r .

H E A D OF F IC E , TO R O N T O .

Br a n c h e s in On t a r io .—Essex, Fergus, Galt,
•ingersoll, Niagara Falls, P ort Colbom e, St Cath.
arines, St. Thomas, Sault Ste Marie, W elland, W ood*
•took. R a t Portage.
T o ro n to .—W ellington Street Yonge and Queet
9ts., Yonge and Bloor Sts.
B r a n c h e s in No r t h w e st .—W innipeg, Brandon,
Ualgary, Portage la Prairie, Prince Albert, Edmon*
<ton.
Agents In London,
Agents In New York.
Lloyd’s Bank, Limited.
B a n k of M o n t r e a l .
'Collections promptly made in any part o f Canada.

Members o f the New York, Boston and
Chicago Stock Exchanges.

A C C O U N TS S O LIC ITE D .

S o r K V s " * 1? ■ ' > . ' . ■ . ® i ; ? ! a a ? s
H. B. H O W LA N D , Pres’t.
T. B. M E RRITT. Y. P
D. R . W ILK IE, Cashier

__

.

W IL L IA M P. ST. JOHN, President,
FREDERICS B. SCHENCK, Cashier,
JAMES V. LOTT, Assistant Cashier

AGENTS,
B U Y A N D SELL STERLING E XC H AN G E CABLE
TRANSFERS, BTC.
Issue Commercial Credits, available In all Parts o f
"thejW orld. Correspondents o f the Bank o f British
Columbia, San Francisco,Portland Tacom a & Seattle

ffitmwjcial.

a u k s .

Henry Hague and John B. Harris, Jr.
3 3 ‘ W IL L IA M STREET, N E W Y O R K .

[Voi.. LX,

H e n r y G. Ca m p b e l l , I Members N. Y. Stock
J. B o r d e n H a r r im a n , j
Exchange.

H. G. Campbell & Co.,
B A N K E R S AND B R O K E R S,
9 New Street and 7 4 Broadw ay,
N EW YO RK .

We receive accounts on favorable terms.
We allow Interest on deposits.
We make collections at all points.
We draw our own bills o f exchange.

We transfer m oney to all parts o f the world
We buy and sell bonds and stocks.
We Issue letters o f credit.
We furnish a daily market letter free.

CHARLES A. BALDW IN * CO.,
4 0 - 4 3 W a ll S treet,

-

-

NEW Y O R K .

R IC H M O N D ,

VA.

Private wires connecting with W ashington, Baltl
more, Philadelphia, New York, Boston and Chicago
New York Correspondents: Messrs. M oore & Schley
and Prince & W hitely.

J. P. Andre Mottu & Co.
IN V E S T M E N T

BROKERS,

N O R F O LK , VA.

SO Ü 7H E R N INVESTMENTS.
State, County, City and Railroad Bonds. Indus­
trial Securities. Farming and Tim ber Lands, M in­
ing and City Properties.

W illiam W ilson & Pons, Established 1802.
W ilson, Colston & Co.,
“
1867.

Wilson, Colston & Co.,
Mem bers o f Baltimore 8tock Exchange.
_______
■ . H ANKERS,
3 1 6 E a st B a ltim o r e S tr e e t, B a ltim o r e .
Investment and Miscellaneous ¡securities a spe­

cialty, and whole issues handled.

Exceptional facilities fo r dealings in all classes o f
Southern Bonds. Loans on Collateral Securities
negotiated.

THE CHRONICLE,

M arch 30, 1885.

H. I. Judson & Co.,

Long distanoe T elep h on e:
” 114 CORTLANDT.”

Cable A d dress:
" RUDBRATION, N. Y „

Haight & Freese,

BROKERS,

Standard Oil Trnst,
Bankers & Commission Stock Brokers,
Wagner Palace Car Co.,
53 B R O A D W A Y , N E W Y O R K .
American Bank Note Co.,
Michigan Peninsular Car Co. pfd., S T O C K S , B O N D S A N D G R A IN
Postal Tel.-Cable Co.,
Bought and Sold at 1-16 Commission.
Long Island Traction,
Neeelal attention given to ont-of-town as
And aU Miscellaneous Securities a Specialty

counts.

Continental Bank Bldg., 7 Nassau SL,

TRAN SACT A GEN ERAL BANKING AND STOCE
EXCHANGE BUSINESS.

M EW Y O R K .
H. L JUDSON, I Members New York Stock
W . H . BURGER. t
Exchange.

IN VE S TM E N T D EP A R TM EN T

T H E C IT Y B A N K ,
B F F F » I .© , N . Y .
L o ca l a n d o th er In v estm en t S ecu rities
B o u g h t a n d S old

S T R IC T L Y ON COMMISSION

John M. Anderson,
(Late with the Fourth National Bank.)

Bonds, Commercial Paper, Investment
Securities, Collateral Loans,
S O W . 3d. S t. (Masonic Temple,), C in c in n a ti, O.
Correspondence SoUcited.

MORTGAGE LOANS
TN

TEXAS.
J P er Cent and S Per Cent Met.
MO COMMISSIONS charged borrower or lender
until loans hare proven good.

F R A N C IS S M I T H & CO .,

GEORGIA MORTGAGE LOANS.
SOUTHERN LOAN AN D TRUST COMPANY 0 »
MACON, GA.
J. 8. SCHOFIELD, Pres.
H . M. SMITH, Sec.
F. O. SCHOFIELD, Treasurer.

Investment Stocks & Bonds, Crain, Cotton
and all securities that are dealt in on the NewYork,
Chicago, Philadelphia or Boston Stock Exchanges
bought and sold fo r cash or carried on margin.
Branch Office: Kellogg Bldg., F St.,W ashington, D. C.

M a rk et L ette r o n A p p lic a tio n ,

Haven & Stout,
BANKERS AND B R O K ER S1
3 E x c h a n g e C o u r t, N . Y .
A How Interest at the rate o f four per eent
per annanr on deposits subject to eheek.
Bay and Bell R ailroa d Stacks and Bonde
on M argin or for Cash at l -1 6 t h
per cent Commission.
Members of the Consolidated 6to ok and Petroleum
Exchanges.
H. S. H o p p e r .

Wm. G. Hopper & Co.,
28 South Third St., Phila.
ST O CK S , BONDS AND C O T T O N .
Bought and Sold on Commission.
Private wire direct to New York.

Harriman & Co.,

BANKERS AND BROKERS,

The United States Life
Insurance Co.
IM T H E C IT Y OF N E W Y O R K .
This old and reliable Company now has the expert
ience o f fort;-fiv e years o f practical L ife Insurance,
which has taught It that th e s i n e q u a n o n o f success
ie the adoption o f good plans o f insurance, and the
pursuit o f a liberal policy towards both its Insured
and its Agents. These essentials It possesses In an
em inent degree, but Judiciously tempered by that
Conservatism which is the best possible safeguard o f
the policy-holder. Its contracts are incontestable
after tw o years. They are non-forfeiting, providing
generally fo r either paid-up polioy or extended in­
surance, at the option o f the polioy-holder. It gives
ten days o f grace in payment o f all premiums. Its
course during the past forty-five years abundantly
demonstrates its absolute security.

A c tiv e a n d su c c es s fu l A g en ts, w ish in g to rep J
resen t th is C om p a n y, m a y com m u n ica te
w ith th e P resid en t a t th e B o rn e O ffice,
2 6 1 B ro a d w a y , N ew Y o rk ,
OFFICERS:

G E O R G E H . R U R F O R D ................President

C. P . F R A L E IG H .. .......................................Secretary
A . W H E E L W R IG H T ..................Assistant Secretary
W M . T. STAN DEN..................
Actuary
A R T H U R C. P E R R Y ..........................................Cashier
JOHN P. MUNN................................Medical D irector
FINANCE COMMITTEE:
GBO. G. W ILLIAM S...............Pres. Chem. Nat. Bank
JOHN j . TU CK ER ...............................................Builder
E. H . PERKINS, JR,, Pres, Imp. & Traders’ Nat. B’k
JAM ES R . PL U M ...............................................Leather

Transact a General Banking and Stock Bxohange
Business.

ALL N. Y. CITY STREET RAILROAD
And other Investment Securities dealt in by

R. J. Jacobs & Co.,
41 N E W S T R E E T ,

-

NEW YORK

MEMBERS N. Y. STOCK EXCHANGE.
Orders In Stocks and Bonds executed for Cash or
on MargiD.

Systematic Filing of Papers
Illustrated catalogue-free.

T H E G L O B E C O ., Cincinnati.

4a Beaver S t., N. Y.




I N S U R A N C E CO.

#

---------------

T o t a l M a rin e P r e m iu m s .......... $ 3 ,6 6 7 ,4 3 6 3 8 )
P rem iu m s m a rk e d o ff fr o m 1 st
J a n u a ry , 1 8 9 4 , t o 3 1 s t D e c e m ­
b e r, 1 8 9 4 ........■............................... $2,8 40 ,-2 8 4 6»)
L o s se s p a id d u r in g t h e
sa m e p e r io d ...................... $ 1 ,4 1 1 ,2 9 2 8 6
R e tu rn s o f P re m iu m s
a n d E x p e n s e s ............. $ 6 2 4 ,1 5 4 6 4
T h e C o m p a n y h a s t h e fo llo w in g .a esats, d x
U n ite d S ta te s a n d C it y o f N ew
Y o r k S t o c k : C ity B a n k s a n d
o t h e r S to c k s .................................. $ 8£W 7,5£55*C
L o a n s s e c u r e d b y S to c k s a n d
o t h e r w is e ........................................ a,G43i5t»iD(BK.
R e a l E s t a te a n d C la im s d u e t h e
C o m p a n y , e s tim a te d a t ......... . .
EL/OQG;8&5*3»>
P re m iu m N o te s a n d B ills R e ­
c e iv a b le ...................................... _
855^893'-)+
C ash in B a n k ..............................
• 184 > 2 38 4 6 ;
A m o u n t .............................. ....... ,$ 1-1,340,73LÄE
S I X P E R C E N T IN T E R E S T * o n t h e e u t e t t e « in g c e r tific a te s o f p ro fits w iH b e p a i d 4c. d m
h o ld e rs t h e r e o f o r th e ir le g a l r e p re s e n te d swt
o n a n d a fte r T u e s d a y , th e t ilt h o f Weftmisrs
n e x t.
F I F T Y P E R C E N T o f t h e o u ts ta n d in g
ca te s o f t h e issu e o f 1 8 9 0 w ill b e-xe d -e e m e i and!
p a id t o t h e h o ld e rs t h e r e o f, o r .th eir legfifirejpre s e n ta tiv e s , o n a n d a ft e r T u e s d a y , .thetiJifeoS'
F e b ru a ry n e x t, f r o m w h ic h d a t e I n te re s t 0 »
t h e a m o u n t s o re d e e m a b le w i l l c e a s e . T h e
ce r tifica te s t o b e p r o d u c e d a t t h e tainewaJ p a y­
m e n t a n d ca n c e le d t o t h e e x te n t,p a id .
A D I V I D E N D O F F O R T Y P E R CENT? jfc
d e c la r e d o n th e n e t e a rn e d p rem iu m s- o t jasc
C o m p a n y f o r th e y e a r e n d in g 3 1 s t D eeem k a s.
1 8 9 4 , f o r w h ic h ce r tifica te s w ill -be 4ssj*Bdi«&.
a n d a fte r T u e s d a y , t h e s e v e n t h <©f Ma(y n e x t
B y o rd e r o f th e B o a rd ,

J . H . C H A P M A N , S e c re t««.

R. T, Wilson & Co.,
BANKERS A N D COMMISSION MERCHANTS
S 3 W a l l S tr e e t. M ew V e r b .

Jos. O. Osgood,
M. Am. Soc. C. E.

Consulting Engineer.

Reports on Investment Properties for Bankers
and Investors.
Examinations in regard to physical condition and
character, earnings, management, needs, value, etc.

R ailroa d Location and Construction.

120 BRO AD W AY,

• •

NEW YOR K

SECURE BANK V A U LTS .

The Globe Filing System
is th e m ost perfect
e v e r d evised fo r the

A T L A N T IC M UTUAL

H O L M E S & CO .,

This company makes a specialty o f handling a 11m•
. M. Harriman , Member N. Y. Stock Exchange.
.ited amount o f the best five-year mortgage loans W m
Nic h o l a s F is h .
Ol i v e r H a r r i m a n , J r .
afforded by this community. Doing only a small
business in this line, we can select tbe best. Loans
secured by business property net the Investor six
per cent, residence, seven per cent. Principal and
interest payable at the Merchants’ Exchange.Na* E Q U IT A B L E B U IL D IN G , N E W Y O R K .
tional Bank, New York. Correspondence solicited.

1895.

O F F IC E OF TH E

INVESTMENT BONDS.
N e w Y o r k , J a n u a r y ^ , 188 5 .
A (Mounts o f Banks, Bankers and Individuals
T h e T ru ste e s, in c o n fo r m it y w ith t b e O m t a
received on favorable terms.
o f th e C o m p a n y , s u b m it t h e fo llo w in g -state
N ATIO NAL BANK REFERENCES FURNISHED. |
m e n t o f its a ffairs o n th e 3 1 s t o f Deo&mlMRb
Uptown Office, 1182 Broadway.
1 89 4 .
P re m iu m s o n M a rin e R is k s fro m
1 st J a n u a ry , 1 8 9 4 , t o 3 1 s t
D e c e m b e r, 1 8 9 4 ........................... $ 2,76(1,920 CE
61 B R O A D W A Y , NEW Y O R K .
P re m iu m s o n
P o lic ie s
not *
f Wew York Stock Exchange.
Members -j New York Cotton Exchange.
m a rk e d o ff 1 s t J a n u a ry , 1 8 9 4 4 ,1(96^ 51333
(Chicago Board o f Trade.

W . G. H o p p e r .

SAM AMTOMIO. T E X A S .

1850.

Jttstimnxje. *

HfitianciaX.

fournie tal.

GEN UINE
WELDID CHROME STEEL AND IRON
Round and Mat Bars and 5-ply Plates and Angles
FOR SAFES. VAULTS, &C.
Cannot be Sawed, Cut or Drilled, and positively
Burglar-Proof.

CHROM E

STEEL

W OR K S,

Kent A ve., Keap & H ooper Sts.,
Sole Man’f’ers in the C. S. B R O O K L Y N , N . V .

TR U STEES!
J. D. Jones,
W. H , H . M oore,
A . A . R aven,
J osep h H . ( hapm an,
Jam es L ow ,
J a m e s G . D e F o re s t,
W illia m D e G r o o t,
W illia m H . W e b b ,
H ora ce G ray,
C h a rles P . B u rd e tt,
H e n r y E . H a w le y ,
W illia m E . D o d g e ,
G e o r g e B lis s,
J o h n L . R ik e r,
C. A . H a n d ,
J o h n D . H e w le tt,
G u sta v A m s in ck ,
N. D e n to n S m ith ,

■j

C harles H . M a r s h a l,
Chatiles D . L e v e ria k ,
E d w a r d F to y d -J o n g g
G e o r g e H .-M a c y ,
L a w r e n c e ff u r a u w ,
W a ld ro n P. Brown.
A nson W . H and,
Isa a c ® e ll,
J o s e p h A g o s tin i,
V ern on H . B ro w s,
C h ristia n de-T honuw a.
L e a n d e r N . 'L o v e ll,
E v e r e t t F ra z a r ,
W illia m B . B e n ito a,
G e o r g e W . Q uintacdP au l L. T h eb a a d ,
J o h n B. W ood w a rd *
G e o r g e C o p p e ll.

J. D JONES, President,
W. H . H . MOORE, Vice-PresiÄeesfe
A. A. RA V E N, 2d V ic e P resides^-

THE CHRONICLE

i

.(iy p u iL X .

Cotton.
rg'.

1

1

■ — !

■ ■

W alter T. H atch,

H enry Prescott H atch,
A rth ur P *lv in H atch
WOODWARD
& STILLMAN, INMAN, SWANN& Co W. T. Hatch & Sons,
Members of N. Y . Stock and Produoe Exohangas.

r

96 Broadway & 6 Wall S t, New York.

MERCHANTS

COTTON MERCHANTS,

J6 to 22 WILLIAM S TR E E T,
NEW

New York.

YORK.

Dealers In Investment (took* and bonds.
Personal attention given at the N. Y. Stoek M s.
change for the purchase and sale on commission of
stocks and bonds for cash or on margin.
Interest allowed on deposits, subject to draft at
sight.

3 O T T 0 N OP A L L G R AD ES SU IT A B L E TO
W A N T S OF A M E R IC A N SPINNERS.
3 m m . stern A Co., Limited, New Orleans, La.
S ehman -D u r b Co , Montgomery, Ala.

LEHMAN

BROS. ,

O O H M IN hlO N M E R C H A N T S ,
Nos. 16-22 William Street,
NKV YORK.

Henry Hentz & Co.,
CO M M ISSION

F. Hv Prince & Gof

EXECUTE ORDERS FOR FUTURE DELIVERY

BAN KER S

COTTON,
A t the New York, Liverpool and New Orleans
Cotton Exchanges. Also orders for

BOSTON,

MASS.

COFFEE,

H K B E B 8 OF THE STOCK, COTTON, OOP*
R E AND PRODUCE EXCHANGES,

M ER CH AN TS,

1 6 to 2 3 W ill ia m S t .. N e w Y o r k .

At the New York Coffee Exchange, and

HIÖ-H GR A D E I N V E S T M E N T S

G R A IN AND PROVISIO NS,

Now Y o r k .
Orders executed on the aboTe Exchanges as well
as In New Orleans. Chicago and foreign markets.

At the New York Produce Bxohange
and the Chicago Board of Trade.

Members of New York and Boston Stock Exchangee

Hubbard Bros. & Co., Hopkins,Dwight & Co.,
COTTON, COTTONSEED O IL

COTTON EXCHANGE BUILDING,
NEW

AND

YORK;

SOUTHERN PRODUCB

Cotton Commission Merchants.
Members New York Stock Exchange, New York
Sotton Exchange, New Yörk Pronuce Exchange,
Hew York Coffee Exchange, Chicago Boat d of Trade.
Orders executed on the Exchange also ,for pur­
chase and sale Of cotton for future delivery In New
Orleans and Liverpool. Liberal advances made on
cotton consignments.
P R I C E , R E I D & C O .,
N o r fo lk , V a .

Jkeolal attention given to orders for cotton for
foreign or domestic shipment.
Gao. H . Church .

3. O. BLOSS.

COMMISSION

MERCHANTS

R eem 9 3 , Cotton Exchage Building.
Gnstavus 0. Hopkins,
Charles D. Miller,

Lucius Hopkins Smith.
Samuel Hopkins.

J. Spencer Turner,,
J

SUCCESSOR TO

B r in o k e r h o fl, T u r n e r A C o .,

AND ALL KINDS OF

M ERCHANTS,

R9 W i l l i a m S tr s ot ,
M EW Y O R K .

deo. H. McFadden & Bro.
COTTON M ER C H A N TS,
P H I L A D E L P H IA .
LIVERPOOL CORRXSPONBHKTS

'

Frederic Z erega Ac Co.

B rem en Oo b rb spo ito en ts

M cFadden, Z erega o c Co.

WM. Ra t .

B. F. Ev a n s , spedai

Geo. Copeland & Co.,

COTTON CANVAS FELTING DUCK,
OAR COVERING BAGGING,
RAVENS DUCK, SAIL TWINE, * 0 «
POPE “ AW NING” STRIPES.
AGENT

curities.

A. S. Van Wickle,"
B

Bliss, Fabyan & Co.,
M EW Y O R K , B O S T O N ,P H IL A D E L P H IA .
SELLING AGENTS FOR LEADING BRANDS

8. A . FATHAN, Special.

T h e o . H . p r ic e ,
W . G. McCo r m ic k .
R . G. M. St c a r t -W o r t l e y .

J. A . M o n t g o m e r y

Geo. W. Baily & Co.,
COMMISSION MERC H A A TS,
COTTON AND NATAL STORES,
lotton E x c h a n g e B ld g .
NEW YO R K
Execute Orders for Future Delivery of Cotton
lerrespondenoe invited.

C O T T O N AND CRAIN
FOR FUTURE DELIVERY.

Frederick Paxson & Co.
STOCK BR O K ER S.
DRHXBL BUILDING, PHILADELPHIA.
Private Wires to New York Stock and Cotton
% BhnnyAi and Chicago Board of Trade.

a n k e r

,

B R Q A P W A Y, N E W , YORK.

INVESTMENT SECURITIES.

Hatch & Foote,
RANKERS,

INVESTMENT SECURITIES.

1 0 9 D u a n e S tr e e t, N e w Y o r k .

Tow els, Quilts, W h ite Goods and Hosiery.
D rills, Sheetings, A c., fo r Export Trade,

& O T T O N C O M M IS S IO N M E R C H A N T S
1 W i l l i a m S tr e e t, N e w Y o r k .
Members New York Cotton, Coffee and Produce
Exchanges.

No. i

A full supply all Widths and Colors, always In
•took.

Cotton landed at mills from Southern markets a
specialty. Orders for future delivery .oontrs-*«xeouted on New York Cotton Bxehanga.




In addition to a General Banking Business, Buy
and Sell Government . Bonds and Investment Se­

No. 3 N A S S A U S T R E E T , N E W Y O R K ,

B R O W N and B L E A C H B D S H IR T IN G S
and SH EE TIN G S.
PRINTS, DENIMS, TICKS, DUCKS, * 0 .

Fatman & Schwarz,

o

UMITBD S T A T E S BUN TIN G CO.

COTTON B R O K E R S ,
1 3 0 P earl Street,
Mew York,

MAUL SCHWARZ.

:

No. 62 C B D A B S T R E E T ,

MANUFACTURER AND DEALER IN

COTTON

9 H . W . Ba il y .

BANKERS,

NEW YORK.

J. O. BLOSS & CO., COTTON SAIL DUCK

3t T . matite.

Gilman, Son & Co.,

Price, McCormick & Co,
BANKERS AND BROKERS,
C o tton E x c h a n g e B u ild in g . N e w Y o r k .

Members : New York Stock Exchange.
New York Cotton Exchange.
New York Produce Exchange.
Chicago Board of Trade.
Ed w a r d

R ic h a r d P r ic e M o r g a n .
r . Mo r g a n .
D w ig h t C. M organ ,

Rich. P. Morgan & Sons,
R A IL W A Y EXPERTS
D W I G H T , IL L IN O IS , U. S . A .
Having extended experience In the construction
and operation of railways, we offer our services as
Independent Experts to examine and report
upon the charater and Condition op the Constrution and Equipment of Ra ilw ays and also
their safe Net Earning capacity. We have
recently examined for capitalists and reported
separately upon nearly all of the principal railroads
west of Chicago between Canada and Mexico.

H e n r y G. H a r d y .

Ga s t o n H a r d y

H. C. Hardy & Co.,
BROKERS.

SQUIBERN SECURITIES.

80 BRO AD W AY,

•

N EW Y O R K 1

Fifth Avenue Hotel,
M a d is o n S q u a r e , N e w Y o r k .
The largest, best appointed and .most liberally
managed hotel in the city, with the most oentral
and delightful location.
HITCHCOCK DARLING AGO.

CHAS. M. R O LK ER , Ev M .
Minin* Engineer and Metallurgist,
2 0 NA SSA U S T R E E T ,

-

NEW Y O R K

Inepecte and reports on mines, m ills and
treatment of ores.
Refers, with permission t o :

M essrs. J . <fc W . S E L IG M A N ds C O « M .Y
H on. A B R A M S . H E W I T T , N. Y .
A , E IL E R S , Pres’ t. C ol. Smelting Co
Pueblo, Col.
T H E B R I T IS H SO U T H A F R IC A C O «
19 St. Swithins Lane, London, E. C.

B A R O N E M IL E B . D’ E B L A N G E B .
13 Lothbnry, London, E. C.

A L F R E D B E IT , Esa.,
Of MESSRS. W ER N H BR , BEIT A CO«
120. .Blshopsgate 8treet, Within. London. E .Q I