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fttmnrtal nmnmti Quotation -Supplem ent (Mth) o ly n In v e sto rs S u p p le m e n t (utely Qrr) a Street Railway Su p p lem en t State and C ity S u p p lem en t^ A n aag [Entered aooordlug to A ct of Congress, in the year 1 902, by the W i l l i a m B, D ana C o m p a n y , in the office of the Librarian of Congress.] SATURDAY, MAY 24, 1902. VOL. 74. xt (&hxmxtlt. W eek en din g M ay 17. Clearings a t — 1902 PUBLISHED WEEKLY. Terms of Subscription—Payable in Advance: For One Year . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1 0 00 For Six Months........................................................................ 6 00 Xoropean Subscription (including postage)................................ 18 00 European Subscription Six Months (including postage) 7 60 Annual Subscription in London (including p o s t a g e )........... A2 14 s. SlxMos. do. do. do. ............. . . A l l i s . Above subscription includes— B ank a Quotation supplement i street Railway Supplement I nvestors’ Supplement 1State and City Supplement Terms oi Advertising— (Per Inch Space.) Transient matter...... ....... . $4 20 Three Months (13 times) ..$29 00 STANDING BUSINESS C ARDS. Six Months (26 “ ).. 50 00 Two Months (8 tim es).. 22 00 Twelve Months(52 “ ).. 8700 London Agents: Messrs. E dwards & Smith , 1 Drapers’ Gardens, E. G., will take sub scriptions and advertisements, and supply single copies of the paper at Is. each. W I L L I A M B . D A N A C O M P A N Y , P u b lish e rs, P i n e S tree t, C o r n e r o f P e a r l Street, P ost Oppioe B ox 958. C L E A R IN G NEW YORK. HO U SE R E T U R N S. The following table, made up by telegraph, eto., indicates that the total bank clearings of all the olearing houses of the United States for the week ending to-day, May 24. have been $2,118,877,355, against $2,844,233,953 last week and »2,222,763,418 the corresponding week last year. Clearings -R e tu r n s by Telegraph. Week E n din g M ay 24. 1902. 1901. C h lo a g o ........... .................................................. S t. L o u l i .................................................... . N e w O r le a n s .................................................... 11,102,025,-183 102,068,466 105,382,006 17,544,231 130,602,962 42,391,213 9,843,986 *1,259,433,980 119,455,500 86,4 6,294 18,964,803 132.564,731 27,690,751 8,230.162 -1 2 * 1 -1 4 -6 + 2 1 '9 —7*6 4 5 -2 + 38-1 +19 6 S e v e n o l t l e i , 6 d a y * ............................. O th er a l l l o i , 5 d a y i ..................................... 11,518,758,377 260,091,017 *1,649,766,401 230,018,761 - 7 '9 + 13'1 T o t a l a ll o lt le s , 6 d a y * ......................... A ll o l t l e i , I d a y .............................................. 11,778,849,394 340,027,981 *1,879,785,162 342,978,256 N e w Y o r k ......................................................... B o l t o n ...................... ....................................... P h ila d e lp h ia ................................................... NO. 1926. P. Cent B o i t o n ......................... P r o v i d e n o e ............... H a r t f o r d ..................... N e w H a v e n ............... S p r in g fie ld .................. W o r o e it e r .................. P o r t l a n d ..................... P a ll E l v e r ................... L o w e l l .......................... N e w B e d f o r d ........... H o l v o k e ....................... T o ta l N ew E n g ... C h lo a g o ........................ O ln o in n a tl................... D e t r o i t .......................... C l e v e l a n d ................... M ilw a u k e e ......... C o l n m b m ................... I n d ia n a p o lis ............... P e o r i a ......................... T o l e d r ......................... G r a n d R a p i d s .......... D a y t o n ....................... E v a n s v i l l e ................. Y o u n g s t o w n ............. S p r in g fie ld , 111.......... L e x i n g t o n ................. A k r o n ........................ K a la m a s o o ................. R o c k f o r d .................... S p r in g fie ld , O h io ... C a n to n ........................ J a c k s o n v ille . 111.. . . A n n A r b o r ................. D e e a t n r ........................ T o t . M id . W e s t ’n . S a n F r a n o l s o o ...... S a lt L a k e C i t y .......... P o r t l a n d ............... L o s A n g e l e s ............ S e a t t l e .......................... S p o k a n e . . . . . .............. T a c o m a . . . . . ............... H e l e n a ....... ................. F a r g o . . . . . ................... S io u x F a ll s ................. T o t a l P a c if ic ........... 1901. 1002. 1900. 1899. P . Cent. -9 6 +84 —2-6 + 6 -8 —4-9 —B'7 +06 +13-1 +18 + 1 -4 +-42‘o -8 8 ( 112,008.644 6,673.100 3.220.000 1,285,002 1,219,708 1,278,430 1,044 316 078,803 499,897 S55.731 274,739 123,017,958 * 132.780.904 6.980,700 2.404,984 1.634,023 1,841,682 1,403,690 1,832 654 014,753 855,177 476,295 240,009 150.906,078 166.415 296 160,208,317 +3*9 20,801,600 20.250,400 -0 -2 9,600.000 10 241 480 -6 * 3 15.099 378 15,180 058 -3 6 7,087,807 0,082.131 +90 7 300 000 6,508 200 + 1 2 -2 5.803 074 3.733,673 + 4 1 -0 2 341,703 2,883 856 -1 * 8 2 805 285 2,028 515 4-7*0 1.761 863 1 467,821 + 2 0 -1 1.657,232 1,295 076 + 2 0 -2 1,148,682 872 958 +31*4 001,880 -t-36-7 487.198 648,699 432 919 + 2 6 -8 519,315 494.631 +7_0 707 600 709.900 -0 '3 616,758 428 210 +206 409.992 332.703 +21 2 804.808 304,085 + 2 9 -6 626.920 367.446 +43-3 204 974 181 286 +12*7 218 838 376.861 —41-9 214.894 197,707 + 8*0 188.2,-8 178,263 + 2 ’3 748 8 72.638 + 3 ’0 100.000 + 112-7 818,715 184.240 N o t In c lu d e d In t o t 246,089.300 236,486.446 +4*1 185.966.640 14.986.450 7.932,010 11.041.923 5 482.014 5 502 200 8,438,847 1.786.442 2 021,801 1,402,609 1,008.888 958,311 819.180 424,843 442.760 415.700 586.278 408,878 242.200 287,814 167,879 876,000 184.766 131,078 127,790,162 14.300,850 8,817,185 8,930.418 5.404.078 4,769.800 2.778.945 1 042,768 1.702,623 1,104,953 1,023 103 948,915 392.192 428 049 400.059 8 09,0C0 380,003 293,466 340,370 233 151 189,820 t 150,080 074 7 585 400 8 ,7 4 8 0 1 8 1,867.888 1,642,678 1.702 297 1,415,220 974,785 638,195 638,890 415,270 109,538.465 27,948 5 34 8.420,918 2 788,131 5 443 339 8,747,521 1,675,884 1,136 951 610.084 484,810 284,288 47.108.9U1 * 165.798 914 7.316,800 2,822 539 1,739.653 1.727,286 1,824 832 1,389,019 861,567 620.706 631,049 291.775 184,805,030 24 020 643 8 439 490 2 377,220 3 112.907 2.289,101 1,196 501 1,027,255 527.586 364.616 205,000 38,610,427 + 1 0 -4 -0 -6 + 1 5 -2 + 7 6 -0 + 8 7 ‘3 + 8 1 -7 + 1 0 -5 -3 3 + 1 9 -2 +14*2 +22 5 al. 65,000 195,117,915 181,844,411 2L.478 864 2.007 027 1,867.328 2,800.615 2,318 006 1,809.844 1,017,705 646,884 270,838 150,869 83.976,880 19,008.481 2.102.155 1,482,887 1,589,808 2,000.S02 1,321.599 867 200 687,647 265,070 55.709 20.850,486 18,812,985 K a n s a s C it y ............... 20,257 504 —19-6 14 985,946 12,437.550 11,340,613 9.004,791 M in n e a p o lis ............... +18 2 8 819 914 8,290,106 -5 '4 7.162 526 6,454 080 O m a h a ......................... + 1 1 -0 0 309.193 4 430.450 5 063.659 4 975,049 -0 -9 S t . P a u l ....................... + 1 8 -0 4,828,881 4.644.163 4,123.349 4 300,233 D e n v e r ............. ............ -4 -1 8 781,711 8,001.897 T o t a l a l l o l t l e i f o r w e e k ................... *2,118,877,865 *2,222.763,418 - 4 7 8 t . J o B 6 p h i *••_••••••• 4 315,616 4 737,127 -8 -8 4,837,890 8.862,601 2 449 008 1,630,008 + 6 0 -2 B e s M o in e s ................... 1,816,682 1,474 870 907,088 758,892 The full details for the week covered by the above w ill be D a v e n p o r t - ................. +81> 755,087 708,375 1,475,036 1.819,219 + 9 -3 1.199.083 S io u x C it y , ................... 934.459 giveD next Saturday. We cannot furnish them to-day, T o p e k a ........................... 1,137,974 910,450 +238 767.877 590.060 590,915 589,855 + 0 -2 W l o b l t a ......................... 6?.0 272 584 688 clearings being made up by the clearing houses at noon on F r e m o n t ... ................... 169,096 101,808 + 56-1 89,524 80.550 650,000 635.475 —13-6 Saturday, and hence in the above the last day of the week C o lo r a d o S p r i n g s ... 56,808,361 66.802 332 T o t. o th e r W e s t.. + 0-01 49 276 480 40,693,070 has to be in all oases estimated, as we go to press Friday 52 894 764 50 587.280 B t. L o u i s ....................... + 4-7 83.191.901 88 *98,757 uight. 12 467,236 10 732 070 N e w O r le a n s .............. + 1 0 -2 8 M25 002 7 *8* 8*7 11,178 499 9 949 309 L o n l s v l l l e ..................... + 1 2 -4 8 883 678 7,882,029 We present below our usual detailed figures for the pre G a lv e s t o n ..................... 8,303.000 3,287,500 -0 -4 2,072 000 2,270,100 * 3 6 4 932 vious week, covering the returns for the period ending with H o u s t o n ...................... 5.463,728 + 21-9 2,768.758 2,456,711 2,620,411 8,4b8 868 + 37-9 S a v a n n a h ................... 2,906.808 2 004,408 Saturday noon, May 17, and the results for the correspond R io h m o n d ................... 4,370,745 4 064 663 + 7 ‘8 2.907.871 3,000,497 4 096.285 3,31* 983 ing week in 1901, 1900 and 1899 are also given. Contrasted M e m p h is ........................ +23 6 2 473,848 1,986 54? 8 217,716 1 074,667 +128 At 1.539.702 1,291,142 with the week of 1900 the total for the whole oountry shows N alsahnvtial l.......................... 1,676.238 1,641 243 + 8-7 e ....................... 1,009 443 1 8 7 9 ,7 1 4 1,865,707 1.428,904 a loss of 20’8 per cent. Outside of New York the increase N o r f o l k ...................... -5 -X 1,477,309 1 023.059 1,445,485 876 292 +651 A u g u s t a ......................... 633,668 528,383 over 1901 is 1'9 per cent. 812,886 741,ZJ4 +-18-6 K n o x v i l l e . . , ............... 607 811 007,204 1,421,108 1,323.009 -f-T** F o r t W o r th ................. 1,118 427 800,729 1.000.000 740,000 +49 8 B ir m in g h a m ............... 718 795 022,106 We«k ending M ay 17. 617,060 432,000 + 85-1 M a o o n ............................ 436 000 427,000 920,471 566,101 + 0 3 -6 L i t t l e R o o k .................. 432 605 402 269 1902. 1801. 100*. 1900.* 696.000 1899. 600,000 +5 0 C h a t ta n o o g a ............... 600,000 878.692 *07,700 285,000 +43 1 282.162 J a c k s o n v ille ........... 219,283 P . Cent. 1 t * 397,072 N o t In c lu d e d In t o t a l. - 2 0 - 0 1,003 808 479 1,246,292 980 B e a u m o n t .................... N e w Y o r k ................... 1,498 162.070 2,129,410,350 99,192.152 1 2 1 046 122 + 29 P h ila d e lp h ia .............. 124,57 6 664 93.283 006 +100 T o t o i S o u t h e r n ... 100,702.066 00 4 17.J-81 78 776 958 08,212,107 43.471 477 49,828,416 P lttS b U T g.................... +*•»■ 3 1 8 7 6 711 28 587 221 T o t a l a ll................ 2,844,233.958 2,969,427.641 - 2 0 8 1,651 1 6 1 4 5 2 1,878,022,529 27 048 2428 851 470 —11-7 B a lt im o r e ................... 21,282.267 82,878 801 O u ts id e N . Y o r k .. 846.071,870 880.011,211 + 1 -0 044,800.078 027.320,602 6 4 3 0 /7 8 6.520 202 -1 -6 6 702 049 B u f f a l o ......................... 0.015 297 4,165,749 8 4 S3 074 + 21 8 W a s h in g t o n ... . . . . . . 2 009 442 2 634 945 CANADA— 8 662,667 8,807.501 -b '8 A l b a n y ......................... 3,202.117 8,214.919 M o n t r e a l . . . . . ............ 81,560 988 20 389 839 + 6 -7 16 821 291 15,208.193 8,030 872 3 025,489 R o c h e s t e r ................... -0 2 2 264 650 1 898 812 6,050,312 9 802 618 1,610 290 1.874.811 + 9-0 B y r a m a ie ..................... 1,302,094 1,160.188 9,910 1 HM 4QH 1,402 410 1,602,421 +7 1 S c r a n to n ...................... 1,116,807 1 024,172 H a l i f a x .......................... 1,658 426 1 ,710,048 —8*1 1,179,867 1,810.607 1,108.000 1,081 047 + 10-0 W ilm in g t o n ............... 1,005.702 884,180 H a m ilto n ........ .............. 886,430 960 804 -7 -0 780 941 '769.065 860,600 810 000 + 18 9 B in g h a m to n ............... 304 300 868,400 8t . J o h n ....................... 832,888 768,1M + 1 0 -6 698 908 672 148 420 844 280 930 +60 0 C h eater ................... 801 012 820,000 V ic t o r ia ........ ............... 624 009 012 801 -2 9 702 430 531 212 417,140 +304 200,430 G r e e n s b u r g ............... 180 858 160,000 V a n o n n v a r ............... 8 6 1 134 945 001 -8 -9 860 240 780,958 878 927 786 471 + 140 V, h e e lin g H . Va. Q u e b e c .......... ........... 1,466 072 1,686,631 -7 -1 al. 795 121 N o t In olu d e ii In t o t al. W llk e i B a r r a ........... O tta w a ............................ 1,834,748 N o t In olu d o d In t o ! al. 1.715,888.7/6 2 84 4.172 854 - 2 6 H 1.170 000 IM 1.401.700 734 r; T o t a l O ai/adh . . . 48,851 208 41,621 4 /9 +10 3 81,018,700 80,2110,304 1058 OUR THE CHRONICLE. [Vox. LXXIV. was too deep and broad in its propelling forces to RECORD OF B O STO N STOCK suffer greatly from the idleness of a few hundred E X C H A N G E P R IC E S E N L A R G E D . miners more or less, notwithstanding it might also Oor compilations of Boston stock and bond prices force the passing of a dividend here and there. The have been greatly extended, and now appear in a new improving orop conditions strengthened the general form. They will be found on pages 1078 and 1079. situation materially. As to both Western and South ern productions, the outlook has appeared to be grow ing better all the time. An early start of the cotton T H E F I N A N C I A L SIT U A T IO N . orop is almost sure to result in early maturity of the The anthracite coal strike continued to be the more orop, while what are called at some points in the West important influence early in the week. In one respect over-abundant rains, though they may delay planting at least it has laid bare a condition which is somewhat, are likely to end in quick germination, in truth a revelation. The surmise was that with a strong stocky early growth, when the seed once with the enlarged production the surplus stocks of gets into the ground. coal must have become large. On the contrary, the Other favorable influences have been the growing developments prove the existence of such a remark able activity in the demand during the past twelve ease in money; the decline in foreign exchange, not months that the coal has been consumed as fast as withstanding the lower rates for loanable funds; the mined. This has been the verdict in whatever quar prospect of early peace in South Africa; the large ter one may look. As a general rule holders have purchase here of securities on European account; and consequently put up the price a dollar a ton, and are an early industrial revival in Europe. The latter selling at that advance only to their customers. That seems to be assured—a sequence to the close of the is an unfortunate state of affairs for the public, but it Boer war. As is well known, there has been a severe is merely a natural sequence of a causeless strike. liquidating movement in progress in Europe for a At the same time chief thought centered not long time, especially on the Continent. It had already on existing conditions but on the possibilities run its course, and a turn upward in the tide of held in reserve. What next ? was the engrossing affairs was evident. Industrial progress in Great question early in the week; for the same reckless Britain also continued in some measure under re ness and disregard of private and industrial interests straint while the campaign in South Africa looked dis that brought the matter to its present stand threat couraging, at times almost unending. The lifting of ened to call out the bituminous miners also. That this source of depression which an end to that con occurrence would occasion no surprise; it would only flict will bring would operate as a stimulus to be a product of the same spirit that has incited and business activity and be widely felt. pervades the whole scheme. The miae worker was While the city of New York has lately undertaken contented and making money as ne ver before when the movement was begun to stir up strife; the agita to encourage the issuance of bonds of small denomi tors have succeeded by a bare majority vote in get nations, even as low as $10, it is interesting to note ting a large department of th e people's business in that in certain parts of the West where the practice terests in the present fix. Logically, according to has been tried the effort is now being made to get rid the labor theory, the next step would be to increase of this feature. It will be remembered that at the the crowd of idlers. Only through these oonstant last two sales of New York City bonds there were a drafts on excitement can such a strike as this be kept number of awards on bids for only $10. At the time up. Of course the method proposed would be suici we pointed out that even though the bidders for such dal; time and time again it has proved so. But the small amounts gave a higher premium, the operation more ignorant and least frugal of the workers—and would not pay the city because of the extra work in it is that section of labor that plunges the whole volved, the keeping of the accounts for a $10 bond union into a strike—never learn anything from ex involving as much care and trouble and bookkeeping as for a $1,000 bond. The $10 man must be paid his perience. 17$ cents interest twice a year just as the $1,000 man The influence of this crusade on Wall Street afEairs gets his $17 50 semi-annually, and it takes 100 was early in the week simply quieting; that was really of the former entries to equal one of the latter. beneficial. Indeed, nothing could suit the temper of That is precisely the objection which is now being conservative classes better than to extract and cool urged in the West. In Minnesota, school districts are down the speculative spirit from the securities market allowed to borrow money from the State, and the which has been so long rampant there. But later, State Board of Investment has permitted the dis developments in other matters of influence became tricts to pay back the sums borrowed in any amounts too favorable to permit of the continuance of any con desired. As a consequence, so many small bonds have siderable reactionary movement. The little decline been issued, one payable each year, that the- Board, in prices that had taken place began to recover. This according to the St. Paul “ Pioneer Press," is how con arose in some measure from a more hopeful view as to sidering the advisability of fixing a minimum amount a speedy settlement of the mine workers' strike, added in which bonds will be accepted. Ten-dollar bonds to the feeling which had been growing that even are very oommon and the Board also holds many if no settlement was reached the movement would bonds of $11 each and of other odd and small de collapse before long any way. Or, even accepting the nominations. The practice has been pursued even in contingency of continuance, that situation had begun the case of school districts having quite a large assessed to be looked upon as a much less serious matter than it valuation. The Board finds that the keeping of the ac was at first thought; for even in that case developments counts for $10 and $11 bonds with the 40 oents and were making which showed a coal strike oould not 44 oents interest a year whioh they bear, causes a stop the industrial prosperity, the progress under way great deal of trouble and entails rnuoh labor. It is May 24, 1902.] THE CHRONICLE. ■hence thought probable that these very small denom inations will be allowed hereafter only in exceptional cases. The money is loaned at 4 per cent interest, and the pregnant observation is made that noindlvid ual would bother with a loan of $100 at that rate, with 10 notes of $10 each given to secure it. We think in the course of time New York Oity will come to the same conclusion and recognize that $10 bonds under prevailing conditions are a good deal of a nuisanoe, especially as the attempt to popularize the bond issues in that way has, as we have shown on previous occa sions, proved a flat failure, the number of small bid ders of this kind being really insignificant. The kindly and considerate interest felt by railroad managers for their employes is well illustrated by the action taken this week by the Philadelphia & Read ing Railway Company with reference to inaugurating a system of pensions for the men in its employ. The action attracts the more attention because it comes at a time when in another department of the Read ing Company’s business—we mean the mining branch —a whole body of laborers have left their employment without any good reason, and when, therefore, it would not be strange if for the moment a little bitter ness and possibly some resentment were felt against the entire class of wage earners. The pension system is already in force on some other large railroad systems, and the desire to promote the interests of the wage earning class is so strong on the part of those in control of our leading corporations that it is only natural to find the Philadelphia & Readingfollowing in the same course. Official action was taken in the matter this week, the board of directors of the railway com pany having on Wednesday authorized President Baer and the Executive Committee to prepare and put into effect a pension system to supplement the Philadel phia & Reading Relief Association, and to provide for employes who cannot be reached by the Relief Asso ciation. It is intended that a similar pension plan shall be adopted by all the transportation companies which the Reading Company controls. Employes who have reached the age of 70 years are to be retired (ex cept in the case of executive officers) and those who have been 30 years in the service are to be pensioned. All employes 65 to 69 years of age, who have been 30 or more years in the service, and who have become incapacitated, may be retired and pensioned. The monthly allowance is to be based on the average regular monthly pay for ten yearB [next preced ing retirement, one per cent of this amount being given for each year of service. The pension board is also to have power, in case a faithful employe of the company shall have received injaries which totally incapacitate him for his regular or other vocation, to take his case under consideration and award him such sum as a pension for such length of time as the board shall determine. No person is to be taken Into the service of the company who is over 35 years of age, though certain exceptions to the rule are enumerated. There are also some other features of the plan into which it is not necessary to enter here. The whole matter furnishes a new demonstration of the wise and beneficent attitude assumed by our large corporationB towards those upon whom they depend so much for their success. 1059 unofficial or open market rates at London and Paris were steady, while they were firmer at Berlin. The striking feature of the statement of the New York Associated Banks last week was the reduction of $22,908,100 in loans. This is presumed to be largely due to liquidations of loans against stock col lateral which was transferred to Europe during that week for the purpose of dlreotly borrowing upon these securities in the London market, and it waB also due to the settlement of some large syndicate negotiations. There was a net decrease of $1,132,900 in cash, the loss in specie being $1,664,600, while the gain in legal tenders was $531,700. Deposits were decreased $24,073,700, reducing the required reserve by $6,018,425, and the surplus reserve was increased $4,885,525 to $8,346,525. A further reduction in loans is looked for this week as the result of additional transfers of collateral to Europe. It is reported from Washington that the withdrawals during the current month of bonds held as security for national bank circulation have amounted to $2,200,000, while the applications already in for such withdrawals in June are $1,187,500. Money on call representing bankers' balances has loaned at the Stock Exchange during the week at 5£ per cent and at 2 per cent, averaging about 3 f per cent. On Monday loans were at 5£ per cent and at 2 per cent, with the bulk of the business at 4 per cent. On Tuesday transactions were at 4£ per cent and at 3£ per cent, with the majority at 4 per cent. On Wednes day loans were at 4£ per cent and at 3 per cent, with the bulk of the business at 3£ per cent. On Thurs day transactions were at 4 per cent and at 3 per cent, with the majority at 3$ per cent. On Friday loans were at 3£ per cent and at 2£ per cent, with the bulk of the business at 3 per cent. Banks and trust com panies have loaned at 3£ per cent as the minimum. Time contracts have been more freely offered this week, but the demand has not greatly increased, and a moderate business is reported. Rates are 5 percent for thirty to sixty days and 4£©4£ per cent for ninety days to six months on good mixed Stock Exchange collateral, the rate depending upon the character of the security offered. Some money has been placed at 5 per cent for eight months on a choice grade of rail road collateral. The commercial paper market is dull, with a light supply of bills and a moderate inquiry, chiefly from the East, though some paper has been sold In Western cities. Rates are 4£ per cent for sixty to ninety day endorsed bills receivable, 4£@5 per cent for prime and 5@5£ per cent for good four to six months’ single names. The Bank of England’s minimum rate of discount re mains unchanged at 3 per cent. The cable reports dis counts of sixty to ninety day bank bills in London 2 f per cent. The open market rate at Paris is lf@ l£ per cent and at Berlin and Frankfort it is 2£ per cent. According to our special cable from London the Bank of England lost £316,480 bullion during the week and held £35,044,066 at the close of the week. Our correspondent further advises us that the loss was due to the export of £100,000 to the Cape, to shipments of £330,000 net to the interior of Great Britain and to £114,000 imports, of which £77,000 were bought in the open market, £25,000 were from Hong Kong and £12,000 There was no change in the official rates of dis from miscellaneous. count by any of the European banks this week, and 1060 THE CHRONICLE. Foreign exchange, after opening strong on Mon" day, gradually grew easier, notwithstanding lower rates for money in the New York market. The chief cause for the easy tone was the offering of sight drafts by arbitrage houses through whom transfers of securities have been made for the pur pose of employing them as collateral for direct loans In Europe instead of their being used here as the basis for sterling loans. There have also been offerings of bills against purchases of stocks in this market for European account. The resulting decline in sight sterling seems to have had a slight sympa thetic effect upon long bills and also upon commer cial exchange. Francs have responded to the com paratively high rates for sterling at Paris on London, but the fluctuations in this class of exchange have been quite narrow. The Assay Office paid $512,176 67 for domestic bullion. Gold received at ^the Custom House during the week, $23,623. Nominal rates for exchange were advanced on Mon day to 4 85# for sixty day and 4 88 for sight, and these were the ruling rates thereafter. Quotations for ac tual business opened on Monday at an advance of onequarter of a cent for long and for short compared with those at the close of last week, to 4 84#@4 84# for the; former and 4 87#@4 87f for the latter, while cables were three-eighths of a cent higher at 4 87f@ 4 87f, and there then seemed to be a demand for exchange for remittance by Tuesday's steamer; sight bills were sold at 4 8725 to 4 8730. On the following day the market grew easier, influ enced by the above-noted offerings of sight ster ling, and while there was no change in rates for long, those for short and for cables fell off oneeighth of a cent to 4 87#@4 87# for the former and to 4 87#@4 87i for the latter; sight sterling sold at 4 8715 to 4 8725. On Wednesday there was a still easier tone due to additional offerings of sight bills and rates were one-eighth of a cent lower all around at 4 84f@4 84§ for long, 4 87@4 87# for short and 4 87f@4 87# for cables ; sight sold at 4 87 to 4 8715. On Thursday the market was quite dull, though barely steady, and with the exception of cables, the asking price of which was one-eighth of a cent lower, at 4 87#, there was no change in quotations; sight sold at 4 87 to 4 8710. The market was quiet on Friday and the tone was easy, asking rates for long falling one-eighth of a cent while sight declined one-eighth of a cent for bid and asked. Sales of the latter were at 4 8690 to 4 87. The following shows daily posted rates for exchange by some of the leading bankers. FBI., MOST., T u b s ., WMD., t o t b ., F r i ., May 10 M ay 19. M ay 20 M ay 81. M ay 22 May 23. 5 Brown B ro* ....... 1 60 days. Sight.... Baring. 180 day*. Magcran & Co.. 1 Sight.... B a n t B ritlfh ( 80 day*. No. A m e ric a ,,. i S ight.... B a a s or S80 days. M ont real.. . . . . . 1 S ight.... C anadian B an* (80 day*. o f C om m erce.. 1 S ig h t.... H eldelbaeh, ics- (60 day*. e lheim ar & Co. 1 S ight.... LrtiEard F r e re a ... (80 days. 1 S ight,... M erchant*' B*. (60 days. of C a n a d a ....... ) S ig h t.... T is 5 ~ ~ ~ i 6 * ~ ~ 8 f 5 T ~ 8 5 * 4b7* 88 ! 1|8 88 65 * 4 65 85* *5* 88 88 86 4 87* 4 65 85 * 85* t6 * 4 87>4 88 88 88 4 8 5* 86 * 8 8* 86 * 4 88 88 88 .8 8 4 85* 6 5* 86 * 8 6* 4 88 88 88' 88 4 65 85* 86 * 85* *87* 88 88 08 4 66 66 * 6 5* 4 87 * * 88 88 4 65* 86* 66* 4 88 88 88 “ ~ ii* ~ 88 86* 88 8 6* 88 6 5* 88 86* 88 85* 88 85* 88 86 * 88 8 5* 88 86* es 65 * 88 65 * t8 85* 88 85* 88 f5 * 88 |6 * 88 1 8 The market closed at 4 84f @4 84# for long, 4 86#@ 4 87 for short and 4 87f@4 87# for cables. Commerclal on banks 4 84@4 84# and documents for pay ment 4 83#®4 84#. Gotten for payment 4 83#<g|4 83#, cotton for acceptance 4 34@4 84# and grain for payment 4 84#@4 84#. _____ [Vol. LXXIV The following gives the week's movements of money to and from the interior by the New York banks. Week UnM na M ay 28, 1908, N et Interior M ovemsnt. fC u tiv ti bv H1 N . Y . B ank). N . F . B ank) Ou rr^iu iy __, ,, T... S o l d ,. .. . .................................. .............. *8,648,000 1,8*1,000 *6,080,000 604,000 Gain. *3,464,000 G ain. 027,000 T o ta l gold an d legal te n d e r* .. . . . *8,884,000 *6,788,000 G ain. *4,081,000 With the Sub-Treasury operations the result Is as follows. Week JBndirm M ay 23,1002, in to B a n k). Out Of B a n k). M t Oh a n t) in B a n k t ’aid h m . Bank* in te rio r m o v em en t, a* above 3 ab-T rea* a ry o p e ra tio n s............... . *0,884,000 10,600,000 *6,783 000 20,600,000 G ain. *4,081,600 Loss. 1,000,000 T o ta l gold an d leg al ten d e r* ....... 120,464,000 *26,888,000 G ain. *3,081,000 The following table indicates the amount of bullion In the principal European banks. M ay 22, 1003. M ay 88,1901. B ank e! Bold. England _ _ F ra n c e ... ... G erm any ..... a u M is .......... A n*.-Hung’y S p a in ....... . I ta ly .......... .. fa th e rla n d * .. S a t Belg’m .. £ 35,044,088 102,928,018 88.758.000 74.065.000 44.213.000 14.116.000 18.076.000 4,789,510 8,174,607 Silver. Total. £ 85,044,086 44 511,320 147,430,888 14.885.000 63.008.000 8,911,000; 82.906.000 12.480.000 68.003.000 18.622.000 82.837.000 2,208,800 18,279,800 0,849,400 11,438,900 1,687,888 4,762,000 & Ovid. Silver. Totel. £ 35,880.008 97 938,011 84.003.000 70.088.000 88.801.000 14.002.000 15.124.000 5,248,800 2,635,000 £ £ 86,290,008 142,371,388 49.410.000 78.012.000 49.708.000 80.682.000 17,084,400 10,970,900 4,402,000 44,438,827 15.817.000 7,329,000 10.007.000 18.080.000 1,910,410 5,722,100 1,407,010 I'ot.thi* week 383,153,248 100189883 442,353,009 314 114,819 103765327 417,830,846 T ot. prey, w ’is 830,753,892 107988087 438,788,979 318,294,340 102845811 415,139,000 THE CUBA INCIDENT, The United States has had the gratifying privilege this week of adding a new member to the family of nations. In fulfilment of a pledge made April 13 1898, by a joint resolution of the two Houses of Congress, the administration of Cuba's affairs on May 20 1902 was passed over to its own people. At Havana, where the inauguration took place, it was a day of unquali fied jo y ; all races of which that nation is made up seemed to vie with one another in the effort to give expression to their approval and exultation. The decorations which were met with at every house in every part of the city, the many arches erected, es pecially those at the entrances of plazas full of palms and tropical flowers, the bunting spread on Venetian masts so as to canopy the narrow streets from the rays of the sun, beneath which, as elsewhere, were Cuban colors and every sort of device or combination that could aid in adding to or voicing the enthusiasm felt —all together helped to make a festival day long to be remembered. Probably the most Inspiring scene was on the occa sion of the lowering by General Wood of the American colors from the flagstaff on the roof of the Palace and the hoisting of the Cuban flag, also done by Gen eral Wood, being assisted in the latter act by the Cuban General, Gomez. Preliminary to this event crowds had filled all the streets leading to the Plaza; and every door and window fronting the square, as well as the roofs of every building that commanded even a most distant view of the flagstaff,were thronged with human beings. When that act had been completed cheeis and salutes came as an outburst of the uncontrollable joy and delight of the people. Indeed, the spirit of the festival which had Its center at Havana per vaded all classes in all parts of the island. From the moment President Palma landed at Santiago and at each city through which ho passed he received a continued ovation. May 34, 1903.) THE CHRONICLE. We have mentioned in brief these conditions merely to emphasize the patriotic feeling and judicious spirit under which the entire population of Cuba seems to have welcomed and entered into their new estate. No doubt they have got more to learn through coming experiences before they will attain full possession of such a government as the United States enjoys. At the same time the past encourages hopefulness with regard to the future; for there is no doubt truth in the statement made by President Roosevelt in speak ing in his address at Oarnegie Hall Tuesday evening as to the readiness of that people for free government when the war closed. He said: “ Mind you, that anarchy and ruin would have lain before the island if we had contented ourselves with the victories of war and turned this island loose to run for itself.” It seems to us that all one has to do to be in full accord with this remark is to let the mind go back to that period in Cuban history, and to the then existing conditions— as disclosed by the revengeful ways in practice, the bitter animosities expressed, and the total lack of ex perience had of a righteous government—to convince one of a great unreadiness for any speedier approach to freedom than has been attained. What has been learned in the meantime ? If there was nothing but the value of cleanliness as a sanitary measure, and of schools for the education of coming generations, they would have come into the possession of knowledge pay ing well for the delay. These and many other advances, too, have been gained by and through a wise, kindly and orderly government—a daily object lesson—of almost infinite worth to a people of no experience of government except of the tyrranical sort. We think the case has been very wisely handled. Results seem to prove that. 10(>1 But neither is the eight-hour day a burning argu ment with this whole body of 143,000 miners. Dr. Roberts writes of this : “ The demand for eight hours a day concerns only half of the mine employes. The miners and laborers are employed by contract and form about one-half of the whole number employed; the remainder work by the hour. However, the union as a body demands eight hours aB a shift and the present rate of wages.” It asks this on the ground that labor-saving machinery has made possible econo mies the benefits of which the wage-worker ought to enjoy. Nothing, however, seems to be said regarding the actual and already granted increases in the work ers’ money wages. The article remarks concerning even the eight-hour demand, however: “ This demand, touching only the interests of one half the mine em ployes is not at present sustained by a force of sen timent that threatens a conflict if it be not con ceded.” Again, as to the method of weighing coal, Dr. Rober's makes sufficiently clear what has been pretty gen erally understood already—that the so-called “ top ping” of the car is required by the operators to make good what is known to exist of waste material in the load beneath. On the question whether the system as now applied is the fairest solution of the problem,, he frankly admits, as most people would, that there is room for difference of opinion. Were this question alone brought up with a request for arbitration, it seems to us reasonable to expect that the employer© would grant it—always with a proper tribunal of arbitration. But the matter is not now, and so far as we know has never been, brought up as a single and clean-cut issue. The real motive for a good share of recent labor de monstrations, and we strongly suspect for this, is the MOTIVES OF THE MINING STRIKE. question of the organization itself. In this matter The article in the “ Yale Review” by Dr. Peter Dr. Roberts’s words are striking and enlightening. He Roberts of Scranton, on the anthracite coal situation, says: “ The leaders of the miners’ organization are has been quoted to some extent in the newspapers. kept busy devising means whereby the interest of the We think it worth while to refer again to Dr. members in the union may be maintained. Indiffer Roberts’s article, however, for it speaks with evident ence, jealousy and dissension are constantly invading authority on a very perplexing question, is perfectly its ranks. During the last year, when the industry fair to both sides in its discussion, and from the public’s was to a great extent peacefully conducted, the in terest flagged. About twenty per cent of the men point of view throws light on some very dark places. What the public has wanted to know is, what these neglected to pay their dues, and another twenty per 140,000 miners are really striking for. We pointed cent perfunctorily paid their money and took no in out last Saturday the astonishing manner in which the terest in the organization. When the last convention labor leaders had withheld this information. Was it was called and the rumors of conflict filled the air, because wages were inadequate to support living ex the delinquents soon fell into line. The union is penses, or because the day’s work was too long, or only interesting to a large number of its members because weighing of coal is practiced in alioting the when a conflict is impending.” miners’ wages, or because the miners’ union demanded It is easy to understand what this must lead to recognition? All of these arguments have been We suggested last week the analogies between a de alleged in unofficial discussion of the past few weeks; claration of military war by a State power and declara but nothing has developed to give a consciousness of tion of industrial war by union leaders. The words sure information to the public. which we have just cited bring to mind very forcibly Dr. Roberts’s article points very plainly to the con the wars declared by embarrassed public leaders or clusion that the demonstration is really a matter of sovereigns of a restless people and declared for the what has been called “ labor politics.” Recognition simple purpose of diverting the minds of such con of the union, he explains, was, indeed, general; “ the stituents from their internal quarrels. For ourselves, 143,826 mine employes,” the article declares, “ are a with every willingness to consider dispassionately such unit on this issue.” But Dr. Roberts adds that when, real grievances as the labor unions may set forth in under the auspices of the Civic Federation, the oper decent and intelligible detail before the public, we ators consented to confer with the union leaders that have been unable from the first to divest ourselves of consent was accepted as sufficient recognition. the belief that in the manner described it is “ union “ Generally speaking,” he remarks, “ the employes politics” which has forced the issue. are satisfied with this. The universal Impression "is If this be true, the public owes it to Itself to speak out plainly. Labor unions may be desirable and that recognition is no longer a burning issue.” 1062 THE CHRONICLE. necessary, but if continued disturbance and annoyance of the public interest is indispensable to keep them alive, then we should say they become something not very far from a public nuisance. In the present strike we think it incumbent on the union leaders to prove the negative. It can do this only by speaking out and saying what the miners want and why they need it. Obstinate silence will very reasonably be taken as confession. This is the more true in the present instance, where 60 per cent of the anthracite miners in convention voted against aj strike, and where the union, at the very moment of asking from the operators a new con tract highly beneficial to the miners, deliberately dis cuss the forcing of another union to break its contract pledges. “ Employes/3 Dr. Roberts frankly admits, ' **■ dictate terms to operators that are intolerable.” Daring the year 1901, when a contract drawn In re sponse to increased wages was in force, he points outthat 123 small anthracite strikes occurred. This impresses us as something not easy to describe save as outright arrogance on the part of labor. When it is considered that a very considerable part of the union membership— Dr. Roberts in this confirms the recent assertion of the “ Engineering and Mining Journal”—do barely a half-day's work, going home at noon if the work in their respective chambers is fairly under way—the case demands still more criticism. Dr. Roberts sums up the matter thus : “ The evils which are to fall upon these comm unities in the future will arise because men are ‘ unable to sit still in a room .5 Local unions are not trained to discuss patiently, adopt calmly, and execute bravely, plans for the am elioration of m ine employes. Their m inds constantly dwell upon im m ediate personal advantage, either in shorter hours of labor or increased pay. M aterial interests seem to be the pivot of ail th eir movements. They demand im m ediate action w ith a view to direct personal gain. The fu tu re welfare of the industry, the difficulties and outlays of operators, the con ditions of the trade, and the intellectual and m oral elevation of the m ine employes are seldom thought of. As long as this is the case, w hatever advantage the workm en may gain will be only tem porary, for they do not m anifest the wisdom of wise builders who lay deep the foundation and exercise such forethought as w ill assure, them continued peace and prosperity.” There is much food for reflection in this paragraph, “Direct personal gain” is certainly something which every workingman has a right to seek. But has he the moral right to seek it through coercion of his as sociates and embarrassment of the general public's interests, while refusing to allege that a real and se rious grievance exists in his own case? Let it be imagined what sort of picture the industrial and com mercial world at large would present if its employes of every class, profession and station were to act upon this principle, PER VERTING “ LABOR ” IN 1 Q POLITICAL “ ISSUES.” Several incidents in a single day's news this week, although inconspicuous among the more sensational occurrences which have been claiming attention lately, are suggestive of reflection to thoughtful readers who look below the surface. The usual free library offer, on the usual terms, having been made to the city of Albany, a leading journal there criticised it as an insult to organized labor, and the ordinance for ac> ceptance failed of the required number of votes in the Common Council, although having a majority of one, the labor element being strongly against it. In the Massachusetts Legislature, according to another [Vol. l x x i y . dispatch, “ the corporation lobbyists of the State dealt labor legislation a body blow" in killing, by a vote of two to one, the bill prohibiting the labor of women and children at night in factories. In Congress the House has passed, without division and without debate, a bill requiring all contracts made with private per sons for Government work to contain a proviso that eight hours shall constitute a day's work. The significance of these incidents does not turn solely on the precise accuracy of the statements as to the influence at work to cause them, nor is that sig nificance limited to the intrinsic merits of the subjects themselves. I t is not a matter of great consequence whether Albany shares in the distribution of largess for free libraries, although very singular that a propo sition which has been cheerfully accepted in so many other places should be an insult to labor th ere; the significance is that labor has taken, or is reported to have taken, this occasion to demonstrate its power. The textile situation in New England has been con. fronted with changed conditions by the development of looms nearer the cotton fields, and the factor of labor becomes therefore a more delicate problem. The merits of the bill referred to, said to have been unani mously reported by “ the labor committee” in the Legislature, we do not now discuss; the significant feature is that the labor men, according to the report, accuse the corporations of lobbying against a bill which received only a notably small vote (after having, possibly, lobbied themselves on its behalf in committee) and intend to move for an investigation and to black list Senators who opposed it. We have also the coal strike on at present, and can not foresee the end of it, either in duration or in con sequences. The very busy condition of Industries has kept coal consumption closely up to production, so that there is a very small stock of coal on hand. The railroads, obeying the law of necessity, have put a precautionary embargo on what they could control; retailers advance their prices, in part, for the pre cautionary purpose of discouraging orders beyond immediate need; and resort to soft coal is impending, and, indeed, has already begun somewhat. One of the first results was that the railroads began laying off men for whom they had no present work— men who had no share in the strike but were first to be hit by it; and if the mines stay idle, the process must go on through other industries from half time to shut-down. An imaginative and tru th ful picture might be drawn, but it is needless to dwell on the cold fact that stoppage at the coal mine means gradual slowing and stopping of wheels in many other directions. The Civic Federation, from which much was hoped and is still to be hoped, has thus far failed in this case, but its efforts to bring interests into harmony must go on. For how long yet before all men will have discernment to see that the catchy motto, “ An injury to one is the concern of all,” devised as excuse for the sympathetic strike, is far too narrow for the whole truth ? Change one word, and we have a broad and unassailable truth-— An injury to one is injury to all; for such a situation as a struggle to the death between two contestants, capital and labor, with the rest of mankind as uncon cerned spectators, is purely Imaginary; there is no such contest between two distinct interests and no such contest is possible. The workingmen (for the limitations of speech force us to use terms which are themselves false and misleading) have long been May 24, 1902.] THE 1063 CHRONICLE. in error—and never b o much as now—as to the ex iatence of an antagoniam of Intereat between labor and capital, the *‘belly and the members.” It is not neceaaary to bring in any aentiment of brotherhood; intelligent aelfishness ia quite enough for the case. Suppose every man who owns a tenth of a million or more would cheerfully dine on the fleah of a laborer, ao far as his feelings go: it is the faot—as has been over and over proved by the conduct of even the hated trusts—that the capitalist knows he cannot grind down and devour labor without bringing de struction upon himself. Thus far, he sees the funda mental identity of interests clearly, and the man he hires does not; this is the unfortunate situation we must strive over until we can change it, and mean while we must endure its ills as best we may. There is also the factor of organization. Capitalist and corporation have been the last to realize that they, too, must have a defensive union on the prin ciple that control of business cannot be surrendered to any outside demand, as (for instance) that the steel mills cannot and will not require workmen to join a workmen’s union; to employ union men, indifferently with others, is to allow them the right to voluntarily organize; but to boycott non-union men would be to surrender a vital principle. The vice in labor unionism is that the leaders see, as under present conditions they cannot help seeing, that their personal fortunes are in a measure dependent upon strik es; in smooth times they are obscure and forgotten, and peaceful arbitration does not seem to offer them ao much eclat as does the triumphant strike. They are thus under some temptation to be agitators rather than pacificators, and the natural consequence is a contest for organization’s sake. The coal strike of to-day, ordered only by a not large majority and without any specific grievances which have been made known, is a case suspiciously illustrative; it has the marks of a contest not so much to gain some special points as to emphasize and strengthen the organization. If so, this is another instance of making an end out of what ought to be only a means. The matter looks even farther. One party in the Massachusetts Legislature, according to the dispatch, voted solidly for the defeated bill, and it is intimated that this will be made an issue in the next campaign. The cost of coal will necessarily be raised by the coal strike, directly and through all industries, so that the whole public must suffer, just as the private con tractors on Government work must charge over to the nation the extra cost which a compulsory eight-hour day may impose upon them. How is it the affair of Congress what sort of bargain contractors make in the open market with the persons they hire? It is the same old story. One party wants to “ go before the people this fall as champions of labor,” and the other party does not intend to permit that strategic movement and is “ laying a good foundation for re pelling it.” It is all in course of maneuvering for position. It ia in the search for “ an issue.” But how petty and miserable is all this bidding for “ a vote,” not now for the first time, or confined to one place or campaign, or indulged in by one party more than another. The solicitude is insincere. There is no such thing, justly and properly, as “ labor legislation." The object is not the furtherance of any real principle, or of any public end which is really believed in, but only to win control of a faction. The worst is that this attempt to make a party division is founded on an untruth, for there Is no “ labor,” or “ workingman,” or “ people,” in any such separative sense; these very terms themselves are odious because false, and ought to be shamed out of use. The only true course for a political party is a broad espousal of the 'public interest by support of some real public policy whioh is honestly believed in, or (for prudential reasons) so much so that even tem porary defeat is acceptable for its sake, instead of casting about for something which can be caught up and converted into “ an issue” by which to get through the next elections. The time-serving habit does not elevate our politics, and it does tend to retard or pos sibly to check national prosperity by fomenting dis sensions and divisions where there is really only a common interest. Certainly we are not so sanguine as to suppose that a single article, or any moderate number of articles, however truthful and forcible, in this or any other journal, will speedily correct the situation. The Civic Federation is a position in advance which must be maintained and moved forward. There is nothing for it but to keep at the work of explaining and reasoning until the facts are seen as they are. The characteristic of the demagogue is a willingness to use any means to keep on top, but his arts will be come futile when the case is generally understood. R A I L R O A D G R O SS A N D N E T E A R N I N G S FOR M ARCH. The compilation of the gross and net earnings of United States railroads which we present to-day for the month of March is of the same favorable charac ter as the preceding monthly exhibits. In the gross results there is an increase of 14,346,471, or 4*68 per cent, and in the net earnings an increase of $562,836, or 1-83 per cent. Examined in the light of the many adverse circumstances and conditions that controlled the result, this is a very gratifying showing. As was pointed out in our early review of the gross earnings for that month, there was much interruption from bad weather the present year, while the cotton movement in the South, as well as the grain move ment in the West, fell considerably below that of the corresponding month of 1901. In the Middle Atlan tic States railroad operations were greatly interrupted the early part of the month by the serious Goods and freshets which marked the close of February and con tinued into March. The anthracite coal roads par ticularly suffered in that way. Adverse weather con ditions were also encountered at different times in other parts of the country. The effects of these dis turbances are naturally most evident in the net results (for necessarily the damage done by the floods and other like obstacles greatly added to the expense ac counts) and that will explain why the increase in net earnings is so much smaller, both absolutely and rela tively, than the increase in gross earniDgs. J a n u a r y 1 to M a rc h 31. (146 ro a d s .) M a rc h . (120 road s.) 1002. 1901. » Gross e a m ’ s 07,290,101 O per. e x p ... 06,990,717 * 92,048,633 02,207,082 N e t e a m ’ s 81,290,387 80,738,651 Increase. 1902. 1901. In crea se. $ 1 1 * 4,346,471 313,512,310 290,870,021 10,085,089 8,788,08t 217,680,860 203,952,625 13,584,841 602,631 95,075,444 92,024,096 3,051,848 It is almost needlessjto add that what gives special emphasis to the present improvement is that it is made on earnings which have been successively in- 1HE OHHONIOLE 1064 creased for a number of years past. la 1901 aud 1900 particularly the additions were very noteworthy, the Increase in 1901 for Mirch having been $8,654,153 or 9'8.2 per cent in gross, and $3,877,243 or 13"41 per cent in net, while the gain for March 1900 was $9,627,658 or 13 31 per cent in gross, and $2,886,403 or 12*08 per cent in net earnings. The following are rtlb>o totals for March and the three months lor a number of years past. Year A A®, o f tu a d i. Mjuwnb. •WSt.1331 >#1(181) >05(130) >06(1*1) ’07(1527) *U8(137) >00(123 > *00(126) >01(123) *02(120) G f o a E a rn in g sYear G iv en . Year P reced in g . « 60,500,119 47,786,231 48,890,180 62,803,083 60,603,838 05,920,850 71,822.188 81,946.008 90,788,826 07,290,104 N e t D a r n in g s increa se or D ecrease. t % 67,105,068 67,802,036 48.084,490 61,230,440 56,708,831 57.813,607 00,780,838 72,818,540 88,081,073 02,04?,088 -t-3,130,401 -9,717,703 +211,081 +1,172,014 +800,474 +8,007,163 +4,683,800 +9,027,55'+8,051,163 +4,310,471 Year G iv en . Year Inereaee or P reced in g . D ecrease. * 18,247,8+( 14,814,000 15,104 708 16,004 800 17,002,126 21,838,910 28,570,797 20,782,183 82,78),489 31,299.887 * 16,148,520 17,719,312 16,013,010 10,061,229 10,607,389 18,045,860 21,872,718 28,895,780 28,903,190 80,780,551 % +104,823 -2,904,000 +91,768 —46,839 + 1,424,7e0 +3,78+044 + 1,704,084 +2,880,403 +3,877,243 +502,830 J i m . 1 bo M a rch 31. >03(177) >04(170) *03(177) >00(178) *97(171) >08(168) >90(157) >00(131) *01(149) >02(116) 204 239,834 105,140,894 179,329,908 187,900,091 191,633,704 219,038,430 230,635,5:8 200,868,143 832,090,725 813.512,310 199,100,733 194,058,081 176,476,680 176,103,181 106,101,441193.631,003 220,893,721 228,312,302 295,345,496 200,871,021 +5,072,621 50,408,850 -23,917,187 47,388,101 +2,854,400 61,048.085 +11,760,910 | 55,304,256 —4,407,051 50,931,787 + 25,610,827 07,170,006 +10,242,857 71,270,07-1 +33,085,786 83,078,383 +20,745,230 105,005,186 +10+35,080 96,975,444 60,001,741 —2,606,885 64,284,067 —0,896,800 60,283,083 +1,415,062 50,083.440 +4,711,816 65,570,727 +1,855.000 57,270,820 +9,900,670 70,836.000 +-933,112 07,809,588 +16,103,855 92,762,9561 1 2 ,313,211 + 92,924 ( 081 +8,051,848 N o te .—We no longer Include th e M exican roads or the coal m ining operations of the anthracite coal roads In onr totals. F igures for p reviou s years have b een revised in accordance w ith this ch an ge. When the roads are arranged in groups there is just one group which shows a loss in gross earnings, namely the anthracite coal group, the reason for the falling off on which has already been explained. The same group also suffered a heavy decrease in net earn ings from the same cause. There are also two other groups that have fallen behind in net, namely the Southwestern and South Pacific group and the Southern group. In both these latter instances, how ever, the decrease is comparatively small. Unfavor able weather conditions seriously affected the roads there the same as here in the Erst. In the extreme Northwest weather conditions were much more pro pitious, and hence for the group of roads in that part of the country the showing as to net is very satisfac tory, amounting to almost 19 per cent. SUMMAEY BT GROUPS. SICEION OB Gro u p. M a rc h . T r a n k lines.(IS ) A n th r a . coal (4) Blast. & M id. (19) M id. W e s t’n .d S N o rth w e s t’ll (IS) N o r th P acific (2) S o u th w e s te rn & S o u th Pac.i26) S o u t h e r n .... (26) G ross D a r n in g s . 1902. J a n . 1 to M a r. 31 N ew E n g l’d ..(7 ) T r u n k l in e s .(15) A n th r .c o a l..( 9) M id d le .......... (80) M id . W e s t’m (lS) M o rth w e st’n (13 N o r th Pacific(2) S o u th w e s te r n & S o u th P a c . (20) S o u th e rn _ (26) _ N e t E a r n in g s . 1992. 1901. * * 26,806,068 25,418,193 5,167,101 6,624,83 i 2,914,425 2,791,102 7,020.742 6,803,716 13,010,514 12,142,374 6,430,629 5,794,982 7,946,435 1,257,144 902,336 2,560,892 6,147,684 2,485,217 $ 7,886,124 1,733,180 878,454 2,302,140 4,334,379 2,811,002 20.841.53S 20,218,937 14,49j,O30 13.857,049 6,617,100 4,432,580 6,713,576 4,527,797 02,948,033 31,209,387 80,736,551 T o ta l (ISO r’ds) 97,280,101 M e x ic a n ......... (3) 1901. 3,006,652 2,724,370 $ 1,066,481 904,245 I n c . o r D ec. P . 0. 9 +60,311 0-76 —526,030 29-60 +23,881 2-72 +258,752 1P24 +813,405 18-76 +124,215 5-S7 —90,476 -8 5 ,2 1 7 1-44 2-10 +502,836 1-83 +132,286 17-94 There are likewise, of course, some considerable de creases (more numerous in the net earnings than in the gross), but these have followed entirely from the conditions already noted. PhXNOIPAL CHANGES IN G R O S S DAKNINGS IN M i B O H . I li c r c i i s c s . Pennsylvania f . _.......... Canadian P a cific......... Illinois Central . . . . . . . Ohio. Burl. A Q u in c y .. Bt. Louis A San F ra n .. Ohio. MU. A St. P a u l.. Brand T runk......... . Union P a cific ,.............. Chesapeake & O h io. . . Atch. Top. A Santa Pe Ohio. R. I. A P a o iflc... Missouri P a cific........... Pere M arquette......... . Louisville & N ashville Colorado & Southern. M in n .S t.P .A S .S te.M . W a b a sh ....___. . . . . . . . Southern P a c ific ..___ Oleve.Cin.Chic.& St.L. W isconsin C en tral___ Baltim ore & O hio....... Norfolk A W e s te r n .... Kansas City Southern Hooking V alley............ Central of G eo rg ia .. . . Burl. O. Bap. A] N o ,... $837,900 4.53,151 2 8 2 ,6 8 2 222,947 214,012 209,464 192,231 182,546 169,708 155,548 149,000 137,416 137,140 108,132 86,889 86,241 84,248 82,434 74,573 72,698 72,098 65,779 64,797 64.028 59,206 51,855 In c re a s e s , Vazoo A Miss, V alley. Reading 1 ............ Chic. Ind. A L o u is v ... V . Jersey & S eashore. V Chicago A A lto n . . . . . . A tlantic Coast Line. . Chicago A E a st 111___ Ohio. G reat W estern.. W heeling A L. E rie.... Bangor A A ro o sto o k .. Ctn. N ew Or. A T. F ao. Sav. F la. A W estern .. $49,855 49,522 48,315 42,000 40,875 39,764 39,428 87,670 35,720 38,601 81,847 81,317 T otal (representin g 47 road s)................. $4,796,197 D ecreases, Lehigh V alley R R .*... D enver & Rio Grande Grand Truna W estern E rie.................................. N. Y. Basque. A W est. $488,921 68,822 4 1 ,799 34,711 3 8 ,975 T otal (representing 5 roads)............ .. $669,728 * D oes not inolude resu lts for Lehigh V alley Ooal Co., wliioh la tter show s a decrease of $364,465. t Covers lin es direotly op erated e a st and w e st o f P ittsb u rg and E rie. The gross on E astern lin es (Including Buffalo A A llegheny V alley D ivision) increased $ 4 4 7 ,2 0 0 and th e gross on W estern lin es in creased $390,700. 1 These figures are for th e R ailroad C om pany; the Coal A Iron Com pany reports a decrease o f $ 2 7 1 ,034. PBINOIFAL CHANGES IN N E T EABNINGS IN M A R C H . Hm gn u In c re a s e s . Ohio. Rook I. & Pacific ‘ $387 ,3 4 2 W. J ersey A S eash _ _ $ 3 0 ,1 0 0 A tch.Top. A S a n ta Fe. 306,199 Grand Trunk S ystem . 205,371 T otal (representing Ohio. Burl. & Q u in cy.. 167,986 20 road s)................. $ 2 ,150,698 Ohio. Mil. A 8t. P a u l.. 126,482 Missouri Paoiflo........... 124,929 D e c re a se s. Canadian Paoiflc......... 106,579 Lehigh V a lley R R *______________ $605 ,3 0 1 Chesapeake A O h io .. 93,441 Southern Paoiflo S y s .. 3 8 1,450 Reading i ......... ................ 9 0 ,552 Southern R a ilw a y .... 214,986 Pere M arquette......... . 85,864 Baltim ore A O hio....... 180,391 A tlantic Coast L in e ... 85,398 L ouisville A N a sh v ille 7 0,797 Bur. Oed. Rap. A N o.. 72,852 Denver A Rio Grande. 67,881 Illinois C entral............. 46,735 Seaboard Air L ine— 5 5 .9 9 7 Minn. St.P. A S.Ste M .. 43,043 Nash. Chat. A St. L ouis 53,825 Wabash................................. 41,513 Louis S o u th w est. .. St. 50,366 Kan. City S o u th ern ... 38,739 Buffalo Roch. A P itts . 38,070 Chic. In d ’s & L ou isv.. 32,751 Yazoo A Miss. V aR ey. 32,472 T otal (represent in g 15 r o a u s,... $ 1 ,7 1 9 ,0 6 4 W isconsin C entral— 3 2 ,360 * Does not include results for Lehigh V alley Ooal Company, which la tter shows $114,774 decrease. t These figures are for the R ailroad C o m p an y; the Coal A Iron Com pany reports a decrease of $ l14,816. ITEMS ABOUT BANKS, BANKERS AND TRUST CO ’S. —The pnblic sales of bank stocks this week aggregate 652 shares, of-which. 214 shares were sold at the Stock Exchange and 433 shares at auction. The transactions in trust com pany stocks reach a total of 150 shares, The first sale at auction of the new stock of the Seventh National Bank was made this week at 136>£. Mutual Alliance Trust Co. stock was also sold for the first time this week, the price paid being 348K. The only sales reported in the “curb” market were of Trust Co. of the Republic stock at 200 and Williamsburg Trust Co, stock at 220, Share*. Banks—New York. 20 A m erican E xeh. N at. B an k ___ 4 Broadway Bank, N a tio n a l. . . . . 200 Chatham N ational B a n k . .. .. .. *189 City Bank, N a tio n a l.......... 38 Commerce, Nat. B ank o f . . . . . . . 10 Corn E xch an ge B a n k .... ........ 5 0 German A m erican B a n k ....... 50 New York, N, B, A,, Bank o f . .. 40 O riental B a n k ........................... J26 Park Bank, N a tio n a l................ 25 Seventh N ational Bank . . . . . . . Price. Last previous sa le . 275 327*s 34© 6 )0 -6 2 5 3 4 9 7s 461*4 165 35 i 2231a 645-653 136)8 May 1 9 0 2 May 1 9 0 2 — Jam 1902 — May 1 9 0 2 May 1 9 0 2 May 1902— Apr. 1 9 0 2 May 19 0 2 Jam 1 9 0 3 Apr. 1902— F irst sale. 265 120 110O 34814 248 May 1 9 0 2 - 265 Apr. 1 9 0 2 — t33 May 1902—1,100 F irst sale. May 1902— 256 275 391 3801s 640 365 464 157*8 350 225 640* b Tbust Companies—Neiv York. 17,737,623 85,695,254 18,082,049 8,776,635 22,561,750 S7,603,723 18,668,823 16,601.82: +270,406 6-10 4,638,963 4,368,562 81,5:3,803 24,837,651 24,500.848 +886.803 1-37 19,878,890 6,318,562 0,349,131 -1,030.571 16-23 8,414,07 +16.653 0-75 2.098,218 2,08 ,66) 2O,803,77r 7,299,875 7,006,721 +283,154 4-18 34,845.881 13,592,000 11.685,080 +2,000,920 17’83 16,934,410 7.343,770 5,974,832 +1,809,388 23-02 61,203,173' 58,393,604 42,384,327 40,430,207 17,411,494 17,680.159 13.4S4.906 13,870,646 -208,665 +58,200 T o ta l ( I 4 5 r ’ds) 313,512,810 ;93,870,621 96,975,444 9j,924,O90 +3,051,348 3-28 +414.37 16-43 M ex ican — (3) [V ol. LXXIV. 8,515,068 7.752,911 2,935,700 2,521.389 1-52 0*43 In the case of the separate roads we have a very large number of increases and for quite considerable amounts. This applies particularly to the gross earn ings, but is also to an extent true of the net earnings. 100 Amerioa, Trust Co. o f . . . . . . . . . . 5 H olland Trust C o . , . . . . , . . . . , . . . 10 Morton Trust C o . . . . . . . . . . . . . . . 1 0 Mutual A llianoe T rust C o ..... 2 5 Van Norden Trust C o .............. * Sales at th e Stock E xchange, t Of this 25 shares w ere sold at th e Stook E xohange at 645. t Closing up its business, —The bankers of Kansas and Missouri, and of the Indian and Oklahoma territories, who at the ioint convention in Kansas City, Mo. (as noted in these columns last Saturday), adopted resolutions against branch.banking, took no action on the question of “Assets Currency,” It is understood that a joint session will not be held next year, but that each association will meet within its own territory. —The Chatham National Bank of this city had a balance at the Clearing House yesterday of only 10 cents. Its credit May 24, 1902.J THE CHRONICLE item s aggregated $6(51,847 11 and its debit item s $661,847 01, leaving the difference noted. N o such sm all balance, it is stated, has been recorded since May'1873. On one occasion as far back as 1863 there was an instance of a difference of only one cent. —In reply to numerous inquiries, Charles H. Treat, Col lector id1 Internal Revenue for the Second Collection District of N ew York, states that bankers w ill not be required to pay special taxes this year on bank capital and surplus, the provisions of the War R evenue A ct relating to these taxes having been repealed, to take effect July 1. These taxes w ere com puted on the basis of the ca p ital'an d surplus employed as capital for the fisoal year preceding, and w ere payable at the beginning of the new year. The taxes w ere $50 for am ounts of capital not]exceeding $25,000 and $2 per $1,000 for each additional $1,000 in excess of that amount. —John A. McCall and Charles W. Harkness w ere on W ednesday elected trustees of the C ontinental Trust Co. to fill vacancies. —The stockholders of the National City Bank w ill m eet on June 2 to vote upon the proposition for an increase of the capital from $10,000,000 to $25,000,000, and o f the surplus from $7,500,000 to $15,000,000, as noted in this departm ent April 26. The transfer books of the bank w ere closed on Friday of this week, they w ill reopen June 3 and again close June 4, after w hich all transactions in the stock w ill be “ ex rights.” On June 17 the subscriptions to the new stock w ill be received and on the follow ing day the transfer books w ill reopen; paym ent for the new stock m ust be m ade by July 1. Stockholders w ill have the privilege of subscribing for one share and a-half of new stock at $150 per share for each share of their present holdings. —The directors of the Southern Trust & Banking Co. and the Hibernia N ational Bank of N ew Orleans have voted in favor of a merger of the tw o in stitu tions, w ith a capital of $1,000,000 and a surplus of $2,000,000. The Southern Trust Co, recently absorbed the U nion N ational Bank of N ew Or leans. In case the necessary legislation can be obtained, the merger is to be under the name of the H ibernia Bank & Trust C om pany; otherwise it is to be under the name o f the H i bernia N ational Bank. For every share they now hold the stockholders of the H ibernia N ational are to receive T4285 shares in the new corporation, w hile the Southern Trust & Banking stockholders w ill r e c e iv e ‘5715 of a share. Mr. J, W . Castles, President of the Hibernia N ational Bank, is to be made President of the Southern Trust & Banking Company, and w ill also be at the head of the proposed new com pany, w ith Mr. Charles Palfrey as Cashier. It is understood that even if the am algamation is voted by the stockholders, the Hibernia N ational w ill continue to do business under its own name and in its own building for a w hile longer. dividends. 1065 It was announced on Wcdftesday that the syndi cate of w hich the Trust Co. is a member had secured con trol of the bank, and that this purchase com pletes a chain of banks em bracing in stitu tions in College P oint, Flushing, Elmhurst, Richm ond H ill, Far Rockaway and R ockaw ay Beach having total resources of about $3,000,000. —The new Northern N ational Bank of this t ily , located at Broadway and Fourth Street, opened for business cn Monday under very auspicious circum stances, the officials’ rooms being sim ply a bower of roses. The President, Mr. Frank C. Mayhew, has a host of friends, having lately resigned aa President of the Broadway Branch of the Corn E xchange Bank, and having form erly held the sam e position w ith the Bowery Bank. Mr. Charles G. Balm anno, Cashier, w as previously connected w ith the M echanics’ Bank of B rooklyn, —The Schenectady Trust Company of Schenectady. N . Y ., expects shortly to be ready for business, authority having been reciived from the Superintendent of Banks last w etk . Some decidedly influential men are interested in the com pany, am ong others Mr. Charles T Barney and Frederick L„ Eldridge of the Knickerbocker Trust Company of this city ; Mr. G. L. Boissevain of this city, Julian M. Gerard of th is city, P lin y Fisk of Messrs. H arvey Fisk & Sons, John D. Parsons Jr., President of the N ational Exchange Bank o f A lbany and of the A lbany Trust Company; A . Foster H ig gins, President of the R io Grande Sierra Madre & P acifie Railroad, as w ell as parties identified w ith the General E lec tric Company. —Mr. W illiam P. Haw den, Jr., has been elected Secretary of the Montclair Trust Company of M ontclair, N. J , —An increase in the capital of the Fourth N ational Bank of Boston from $750,000 to $1,000,000 has been voted by the stockholders. The additional shares, 2,500. w ill be disposed of pro rata at $125 per share to stocholders "of record May 7 1902, their right to subscribe expiring on June 6 1902. F ifty per cent of the am ount due for the stock m ust be p a id in on Ju ly 1 1902, and the balance not later than Septem ber 30 1902. The prem ium realized by the sale w ill be added to the surplus. —The resignation of Mr. Oliver M. D ennett as Treasurer c f the Beacon Trust Company of Boston has necessitated several changes in the officials. Mr. Harry M elville Taylor has been appointed A ctin g Treasurer and Mr. Benjam in Dobson, A s sistant Treasurer. —Mr. Oliver P. Cornman has been selected as A ssistan t Treasurer and Mr. Sam uel W oodward as A ssistant Secretary of the Philadelphia Savings F un d Society of P hiladelphia, recently created offices in that company. —Mr. Jam es Y. W atson, now in his 85th year, has relin quished the P resides cy of the Consolidation N ational Bank —Howard H. Henry, the Stock E xchange m em ber of the of Philadelphia. Mr. W atson had been at the head of the firm of Henry Bros, & Co., w hich recently suspended, was institution, originally a State bank, since its organization 47 restored to membership on Thursday by the G overning Com years ago. He w ill continue as a director and w ill also rep m ittee. The affairs of the firm are reported in a satisfactory resent the bank this year in the Clearing House, The Con solidation N ational’s new President is Mr. Horace T. P otts. condition and all its obligations have been m et. —The N ational Bank of N orth Am erica w ill to-day (Satur day) remove from its offices, at the corner of N assau and Cedar streets, to the quarters of the old Bank of the State cf N ew York, w hich institution it absorbed. The bank w ill occupy the main and also the second floors of that building, corner of W illiam Street and Exchange Place, u ntil the new bank edifice on Exchange Place, extending through to W a ll Street, shall be completed. —Since the increase in the directorate of the Trust Com. pany of N orth Am erica of Philadelphia in Feb. 1900, that institution has been steadily advancing and show s a marked im provem ent in its line of deposits. In February 1900 th e deposits w ere about $1,000,000, w hile they now reach a total sum of $3,010,C O The officials consist of A dam A. S tu ll, O. President; Thomas Robins, Vice-President, and H enry G. Brengle, Secretary and Treasurer. —A report w as current on Tuesday that efforts w ere being made to secure control of the stock of the H ide & Leather N ational Bank, and that the interests of Charles A. Schieren had been bought. This report was denied, though it was said that an offer had been made for a controlling interest in the bank. President Ram say asserted that there w as no proba b ility that control could be obtained. —The death is announced of Dr. A llen H . H ulshizer, V icePresident and director of the Industrial Trust, T itle & Sav , ings Company of Philadelphia. Dr. H ulshizer w as also on© of the board of the N inth N ational Bank of Philadelphia. —The Philadelphia Stock Exchange w ill be closed on May 30, Decoration Day, and also on Saturday the 31st, the same as our Stock, Cotton and Produce Exchanges and also the Boston Stock Exchange. —The Long Island Trust Co. has arranged to buy a con trolling interest in the Flushing Bank, offering to pay $5G0 per share for not less than 53 per cent of the stock. The bank is in a prosperous condition, paying 10 per cent annual —The Comm onwealth R eal Estate & Trust Company of Pittsburg, w hich w ill be form ed by the consolidation of the Commercial N ational Bank and the firm of Messrs. W . A, Herron & Sons, is to have a capital of $1,500,000. P aym ents on the stock (w hich w ill be put out at $200 per share) w ill be made at 25 per cent m onthly, beginning June 1. Mr. John W. Herron, it is understood, w ill be President; Sam uel Bailey Jr., Vice-President; A. J. K elly Jr., Secretary, and George D. Edwards, Treasurer. The stockholders of th e Commercial N ational w ill m eet on June 17 to arrange deails of its liquidation. 1066 1HK CH RO N ICLE. —The stockholders of the Peopled Savings Bank of P itts burg w ill shortly be asked to ratify the proposition of the trustees to increase the capital from 1800,000 to |600,000. An addition of $800,000 w ill be made to the surplus (at present $400,000) as the new issue, par $100, w ill be put out at $800 per share. The officials of the bank are Mr, D. McK. Lloyd, President; Thomas W ightm an, Vice President; Edward E. Duff, Secretary and Treasurer, and J. K. Duff, Assistant Secretary and Treasurer. —A safe deposit department is to be added to the Pittsburg Trust Company’s (of Pittsburg) business, and a modern fire proof vault installed in the building. —The merger of the City Trust and Colonial Trust compa nies of Pittsburg was approved by the stockholders this week, the former acting on the proposition on Tuesday and the latter on Thursday. The terms and method of consoli dation, as given in a circular published in the Pittsburg papers, are as follows, A ah are of the etoeh of th e Colonial T ru st Com pany for a share of stock of the City Tr ust C om pany and $30 p er share In oash to he paid to the Colonial T ru st Com pany. The c ap ital stock of th e consolidated com pany will he $2,000,000, or $1,500,000 lo r the present Colonial T ru st Com pany and $500,000 for the City T ru st Com paay. M. K. MoMuliin holds options upon the stock of the City T rust Com pany which req u ire him to deliver to th e stockholders of th a t com pany 3,500 shares of the consolidated oom pany (valued a t $250 p e r share, the original subscription price), a nd $375,000 In cash. To ra ise th is cash he proposes to offer to th e p re sen t stockholders of the Colonial T ru st Oom pany, In proportion to th e ir holdings, the 1,500 shares of th e con solidated com pany rem aining In his hands a t $350 p e r sh a re, w hich w ill raise $525,000. A fter paying th e City T ru st Com pany stock holders $375,000, he will have left $150,000 (equal to $30 p er sh are to he p a id on the 5,000 shares allo tte d to the City T ru st O om pany), which he w ill p a y In to be added to th e surplus fund of th e Colonial T ru st Com pany. By th e acquisition of th e a ssets of th e City T ru st Oompany th e new capitalization of th e Colonial T ru st Com pany will be as follow s: $2,000,000 c ap ita l and $3,150,000 su rp lu s.” —Forty per cent of the new 5,000 shares to be issued by the Union Trust Company of Pittsburg w ill be allotted to the present shareholders, and in order to interest other de sirable capital, the rem aining 60 per cent w ill be sold to out siders at not less than $1,000 per share. The company is also prom oting the organization of a new bank—the Union Sav ings Bank—w hich w ill have a capital of $1,000,000 and w ill locate in the Frick Building. The same directors w ill serve both institutions. The Union Trust Company’s stockholders w ill vote on the increase in capital on Tuesday next. —The m eeting of the stockholders of the Diamond National Bank of Pittsburg, called for the purpose of acting on an in crease in the capital stock from $200,000 to $500,000, w ill be held on W ednesday, June 4. —For the purpose of taking over the Third National Bank of A llegheny, Pa., the Allegheny Trust Company of A llegheny w ill increase its stock from $500,000 to $700,000, the stock holders at a m eeting on Monday approving the proposed issuance of new stock. The shareholders of the bank w ill receive $252 50 per share in cash, or one share of Trust Com pany stock and $112 50 in cash, for each share now held. This w ill be the second institution taken over by the A llegheny Trust Company since its organization last fall— the other being the N ation’s Bank for Savings. —Mr. J. B. Shea has been elected V ice-President of the N ational Bank of W estern Pennsylvania, Pittsburg, to s u c ceed Mr. Frank Semple. —The capital of the Sharon Savings & Trust Company of Sharon, Pa., has been increased from $125,000 to $300,000. This addition is made necessary on account of the absorption by it of the Sharon National Bank, organized in 1875 w ith a capital of $125,000. —The authorized capital of the U nited Banking & Savings Company of Cleveland has been increased from $100,000 to $500,000. Designs for a new five-story building which the institution intends to erect are now being subm itted to the company, —Mr. Thomas W . Latham, Cashier of the Century N a tional Bank of Cleveland, now consolidated w ith the Colonial National Bank of Cleveland, has been elected a member of the board of directors of the Colonial, in the management of w hich he w ill take an active interest. The Century Na tional’s liquidation has practically been completed. Its stockholders have already received a dividend of 80 per cent, and it is expected that a further dividend of 20 per cent w ill be paid w ithin the next six months. [VOL. LXXIV. —The statement of the Fifth N ational Bank of Cincinnati, Ohio, for April 80, 1902, shows the business of that in stitu \ tion to be rapidly expanding. On October 6, 1896, the total 1 of < deposits was but $946,524, Two years later, September 20, ! 1898, the amount had advanced to $1,376,581. On Septem ber 5, 1900, the figures stood at $2,757,188. Now (April 80, 1902) the aggregate of deposits is $3,537,485. The bank is under the m anagement of Mr. Charles A. Hineeh, President; James M. Glenn, Vice President; Thomas J. Davis, Cashier, and Edward Seiter, Assistant Cashier. : —The m eeting of the stockholders of the Central Trust & Safe Deposit Company of Cincinnati, held on the 19th in st., i was favorable to the proposed increase in capital. The new stock, 2,500 shares, w ill be issued on J u ly 1. Ome-half w ill be i sold to the present stockholders and the other half to out siders at the uniform price of $150 per share. The capital w ill thus be enlarged from $250,000 to $500,000 and the sur plus from $60,000 to $185,000. —Preparations for the consolidation of the Provident Sav ings Bank and the Provident Trust Company of Cincinnati are now being made. The institutions were organized the latter part of 1900 with a capital of $250,000 each, the same officials serving both. The merger w ill be effected under the name of the Provident Savings Bank & Trust Company, the capital being increased to $500,000. The stockholders w ill ratify the consolidation on May 27. —A bank is shortly to be established in Norwood, Ohio, a suburb of Cincinnati, principally throngh the efforts of Mr. Charles A. Hinsch, President of the F ifth N ational Bank of Cincinnati; Mr. W illiam R. Collins, the V illage Attorney, and other prominent citizens in that locality. The Comp troller has already approved the organization of the institu tion, to be known as the First National Bank of Norwood and capitalized at $100,000. —The Central Trust Company of Illinois, President Charles G. Dawes’s new Chicago company, w ill, about June 20, occupy the quarters on the corner of Dearborn and Monroe streets so long the home of the Chicago National Bank. —The Union Trust Company of Chicago has taken posses sion of its spacious and beautiful quarters in the new Tribune Building, corner Madison and Dearborn streets. The floor area occupied is nearly 7,000 square feet. The fittings are in green Georgia marble and fluted mahogany, w ith handsome tiled floor and abundant light. The officers of the company are: S. W . Rawson, President; F . L. W ilk, Vice-President; F. H. Rawson, Vice-President; G. M. W ilson, Cashier; F .P . Schrieber, Assistant Cashier. —The Germania Trust Company of St. Louis has made the proposed reduction in its capital from $2,000,000 to $1,000,000, as w ell as in its surplus, w hich latter is now also $1,000,000. Mr. Thomas H. W agner becomes Secretary of the com pany on June 2. It w ill be remembered that a month or so ago the officials of Germania and the Colonial Trust compa nies had under consideration the consolidation of the two, but the plans never matured. —The convention of the Mississippi Bankers’ Association, which continued for two days (May 14 and 15) in McComb, was opened w ith an address by Mayor O. B. Quin, VicePresident of the McComb City Bank. In the E xecutive Com m ittee’s report, read by the Chairman, R. L. Bennett, Presi dent of the First National Bank of Yazoo City, Miss., the questions of cotton insurance and cotton warehouse certifi cates were recommended for consideration by the associa tion. Several important topics w ere discussed at the m eet ing. “ State Bank Supervision” was one of these, and was the subject of Mr. J, T. Thomas, Cashier of the Grenada Bank of Grenada, Miss. “ The Financial and Commercial Future of South Mississippi” was treated by Mr. W . S. Pettis, Cashier of the Bank of E llisville, of EUisville, Miss. Mr. B. W. Griffith, Secretary of the association, and President of the First National Bank of Vicksburg, gave his view s on “ The State Revenue Agent; His Past, Present and F utu re.’’ “ Trucking and Its Relation to Banking,” by Mr. A. Lot ter hos, a director of the Bank of Commerce of Crystal Springs, and “ Cotton Insurance,” by Mr. Edwin MeMorries, Cashier of the First National Bank of Meridian, Miss., also formed part of the proceedings. Mr, J, J. W hite, President, of the McComb City Bank of McComb has been chosen President of the association; Mr. J. T. Thomas as Vice-President, May 2 , 190 4 2,] THE w hile Mr. B. W. Griffith was re-elected Secretary. year the m eeting w ill be held in Hattiesburg. CHRONICLE N ext —Mr. George B. Ward of Messrs. Caldwell & Ward, bankers, of Birm ingham , A la., has been elected Manager of the Birm ingham Clearing-House Association. —The com pletion of the new building of the First National Bank of Montgomery, A la., is cause for particular gratifica tion on the part of the officials. It has been erected on the site of its old home on Commerce Street and has been splen didly equipped. Special pride is taken in the safety deposit vaults, a new feature of the bank’s business. Mr. A. Mt Baldw in is President and Mr. J. C. Stratford A ssistant Cashier. —The statem ent of the W ashington N ational Bank of Seattle, W ash., w hich has just come to hand, furnishes an excellent illustration at once of the grow th of this wellm anaged institution and of the city of Seattle. On Sept. 30, 1897, the deposits of the bank were only $838,790. On Sept. 30, 1899, they were $2,116,452, and on Sept. 30, 1901, they showed $3,159,664; the surplus and profits on this latter date were $194,878. The new statem ent now gives the deposits as $3,355,021, or a gain of nearly $2,500,000 in less than five years. The surplus and profits are now $236,329, a gain of $41,451 in about seven months. The officials consist of M. F. Backus, President; E. O. Graves and W . H. H. Green, Vice-Presidents, and Charles S, Miller, Cashier. —A more than ordinarily interesting convention is a n tici pated by the W ashington State Bankers’ A ssociation at this year’s session to be held iu Ssattle on June 19, 20 and 21. Two excursions have been arranged, one to Snoqualm ie F alls and another to the P uget Sound N a v y Yard. Mr. J. E. Dyer, President of the E xchange N ational Bank of Spokane, is President of the A ssociation. —That Spokane, W ash., is forging ahead at a noteworthy pace has been evidenced recently in the city's figures of bank clearings. The deposits of its various financial institutions also furnish additional proof of this prosperity. Mr, R. L, R utter, Secretary of the Spokane & Eastern Trust Company of Spokane, has favored us w ith a table show ing the advance in this particular since 1895. In May of that year the aggre gate of deposits in Spokane was but §1,042,642. By May 14 1897 $2,451,393 had been accum ulated. In A pril of the years of 1899, 1900 and 1901 the am ount hovered around $5,000,000, the figures in 1900, at $5,719,494, being the highest. This year, on April 30, the am ount w as $7,166,081. —The new ly organized City and County Bank of San Francisco w ill begin business about Ju ly 1 w ith Mr. A. J Lowenberg as President, L. V. Merle, V ice-President, and A t Tonn, Secretary and Cashier. —The statem ent of the Chartered Bank of India, Australia and China as of December 31st last shows a profit and loss surplus—after transfer to reserve fund, paym ent of dividend, etc.—of $200,520; capital and reserve now aggregate $7,250,000, an increase of $375,000 over that previously reported, and fixed deposits are now $23,132,660. The head office of the bank is at H atton Court,Threadneedle Street, London, and an agency w ill shortly be established at 16 E xchange Place, N ew York, in charge of Mr. G. Bruce W ebster, one of the bank’s own officers. In the m eantim e business w ill be transacted as usual through the present agents, the Canadian Bank of Commerce, at the same address. —The increase from $125,000 to $250,000 in the capital of the V alley Trust Company of P ittsburg voted by the stockhold ers w ill be offered to the latter at $135 per share. —W e have been favored w ith a photograph of the archi tect's perspective of w hat is to be the permanent home of the M ercantile Trust Company of San Francisco, to be located on California Street, between Montgomery and Sansome streets. The building, now undergoing construction and to be ready for occupancy by January 1908, w ill be a fitting place for this grow ing institution, to w hose exclu sive use it is to be devoted. The banking room w ill be the fu ll height of the building above the ground floor. The basement w ill contain burglar proof vaults of modern construction and commodious accommodations for the com pany’s patrons. A lthough but three years old, the bank shows deposits on A pril 30 of $3,364,828. Its m anagem ent is made up of Mr. Frederick W . Zeile, P re sid en t; N. D, Rideout, V ice-Presi dent, and John D. M cKee, Cashier. 10(57 IMPORTS A N D E X P O R T S ’ OF (IOLD AND S I L V E R A T SA N FRANCISCO. The C o lle cto r o f C ustom s a t Han F ran cisco has furnished us this w eek th e d e ta ils o f im ports and exp orts o f gold and silv er th ro u g h th a t p ort fo r the m onth o f April, and they are given b elo w in co n ju n ctio n w ith th e figures for preceding m on th s, th u s co m p letin g the resu lts for the ten m onths of the fiscal year 1901-02. The im ports of gold were very m oderate, reaching only $157,093, of w hich $13,768 w as in coin. Of silver th ere cam e in $188,078, of which $187,895 was b ullion. D arin g the ten m onths there was received a to ta l of $12,619,652 gold and $2,582,548 silver, w hich com pares w ith $24,016,173 g o ld and $2,679,155 silver in 1900-01. The sh ipm ents of g o ld d uring A pril were only $4,439 coin, and the exp orts of silv er have been $322,052, of w h ich $13,052 was coin. F or th e ten m onths the exports o f gold reached $768,154, again st $156,239 in 1900-01, and $7,393,583 silv er w as sen t ou t, a g a in st $6,970,876 in 1900-01. The ex h ib it for A pril and th e ten m on th s is as f o llo w s : IMPORTS OP GOLD AND SILVER AT SAN FRANCISCO. GOLD. SILVER. M O N TH S. O oin. 1901-02. J u l y _ __ _ A u g u st— Septem ber O c to b e r... November. D ecem ber. J a n u a ry ... F e b ru a ry .. M aroh....... A p ril......... B u ll i o n . $ $ 17,823 1,465,926 4,874,768 2,446,046 2,824,195 251,475 3,454 47,290 25,825 13,768 T o ta l. 42,862 84,873 150,057 58,491 535,459 48,287 43,090 5,139 37,499 143,325 O oin. B u llio n . $ $ 60,685 109,347 1,550,799 118,232 5,012 5,024,825 5,207 2,504,537 2,859.654 106,088 299,762 44,647 46,544 3,930 52,429 67,799 3,370 63,324 183 157,093 T o ta l. $ 272,978 220,686 159,818 420,876 211,198 259,505 88,879 131,075 165,823 187,895 " a l.3 2 5 338,918 164,830 4z. 3,083 317,286 304,152 92,809 198,874 169,193 188,078 lo t.lO m o s 11470570 1,149,082 12619652 463,815 2,118,733 2,582,548 EXPORTS OF GOLD AND 8ILVER FROM SAN FRANCISCO. GOLD. SILVER. MONTHS. O oin. B u l l ’n 1901-02. J u ly ........... A u g u st_ _ S eptem ber O c to b e r... Novem ber. D ecem ber. J a n u a ry .. F e b ru a ry .. M arc b .... A p ril_ _ _ 5,085 4,066 2,564 350 3,260 4,937 145 3,575 732000 5,673 4,439 SCot.lOmos 35,804 732350 2 ,0 6 0 $ T o ta l. C o in . $ 247,755 508,226 523,835 568,942 258,518 839,159 8,862 34,232 30,319 13,052 B u ll i o n . T o ta l . $ 157.000 434,700 552,200 429,900 469,500 556,800 466,100 419,400 566,083 309.000 $ 404,755 842,926 1,076,035 938,842 728,018 1,395,959 474,962 453,632 596,402 322,052 768,154 3,032,900 4,360,683 7,393,583 1,060 5,085 4,066 2,914 3,26C 4,937 145 735,575 5,673 4,439 [F rom o a r ow n co rre sp o n d e n t.] L ondon , Saturday, May 10, 1902. Outside of the m arket for British Governm ent securities there has been very little anim ation upon the Stock E xchange this w eek. The general public is doing next to nothing in the A m erican department. It is equally inactive in the m in ing departm ent; and indeed it is doing very little in any other market. Y et there is a hopeful feeling and there has been a further advance in consols during the week. This, however, has been brought about m ainly by Continental buying. It is assumed everywhere upon the C ontinent that peace is at hand, and it is expected that as soon as it is assured there w ill be a marked rise in consols. Therefore, Continental buyers have been purchasing very actively, On the Continent itself there is utter unw illingness to en gage in new enterprise. In Paris the value of m oney has decidedly fallen once m ore, and, ow ing to a further decline in Russian industrial securities quoted in Paris, a very bad impression has been m ade upon the Paris Bourse. E very body know s of course that the condition of R ussia, both econom ical and political, is very unsatisfactory; and France is more susceptible to w hat happens in R ussia than other countries, not only because of her close alliance w ith the Russian Government, but also because of the im m ense sums she has invested in R ussia itself. She ha3 been disappointed, too, in her hopes for a reform in the Spanish currency; and the w arning w hich has been addressed this week by the Foreign Minister of A ustria H ungary to Bulgaria and Servia reminds people all over the Continent that the state of affairs in the Balkan Peninsula is threatening. In France, then, in spite of the accum ulation of unem ployed m oney, there is a total u nw illingness to engage in new enterprise. The French banks are em ploying im m ense sum s in this m arket, and French investors are buying British securities on a large scale. German capitalists have likew ise been buying consols; and generally, indeed, the capitalists of moBt foreign countries THE OHKONIOLE 1068 [V O L . LXXIV. The B ank rate o f d isco u n t an d open m a rk et r a te s a t th e have been in v estin g herd. Ia G erm any there is reported to be som e very slig h t im provem ent in th e iron trade; but the ohief C o n tin e n ta l o itie s h a v e been as fo llo w s: depression in other in d u strial, and esp ecially in electrical, May 2. A pril 18. Apr. 86. May 9. Rates ot enterprises, is very great. D istru st is general. T he bauks Interest a t Rank Open Rank Open Open Rank Open Rank are s till d iscrim in atin g in respect of their custom ers; and Rate. Market Rate. Market R ate. Market Rate. Market the public is to ta lly u n w illin g to buy an yth in g but w hat can 3 3 2 3 3 3 24k P a n * ................... m be looked upon as very tirst-clase secu rities. T he bonds of B erlin .................. 3 8 3 8 141 UK 194 8 8 8 144 m 144 th e Im perial and S ta te governm ents aod also of m unicipalities H am b u rg. . . . . . . a 14k 144 8 8 8 8 144 144 F ran kfort.......... are in good dem and, but scarcely a n yth in g else. 3 3 8 8 24k m 2k A m sterdam ....... m T h e Board of Trade returns for A p ril are, upon the w hole, B russels............. 3 8 8 8 2k ak 2k 29k 814 m 8k 8k 24k 2k 8k V ien n a................ 8k satisfactory. T he v a lu e of the im p jrts is £16,199,938, a de nom. nom . nom. 4* 4k 4k n om . 3t. P eter sb u rg ., crease o t f i 56,68 9, or about 0 ‘1 per cent. R ou gh ly, it m ay be M adrid................ 1k 4 4 4 4 4 1 8k sk 4 said, that the im ports are very nearly about w h at th ey w ere C openhagen. .. 4 4 4 8k 8k sk m in the corresponding m outh o f 19)1. On th e one hand, in Messrs. P ix ley < A bell w rite as fo llo w s under d ate of !k A pril o f last year the im ports of sugar w ere excep tion ally May 8 : large in an ticip ation of th e budget proposals; on th e other G o ld -W ith no outside dem and of any sort, all arriv als on th e open the B ank of E e hand, there w ere 28 w orking days in A pril th is year and m ark et have found th eir way to In b ars and thengland, thIn to tal being 12553,000, of wliioh £363,000 Is balance sovereigns only 24 in A pril of 19 >1. T he extra tw o days th is year m ay from Egypt. T here have been no w ithdraw als. F or th e w eek— Arrival*: A ustralia, £20,000; Bombay, £ 116,000; Cape Town, £266,-> be set off against th e excep tion al im ports of last year, le a v Total, £424,000. S hipm ents: in g the position pretty nearly th e sam e. T he exports of 000; W est Indies. £22,000. Total, £10,000. For m onth orBombay, £7.50U; Col unbo, £2,500. A pril— B ritish and Irish produce and m an u factu res w ere of the A rrivals: G erm any, £16,000; H olland, £36,000; Franoe, £24,000; valu e of £23,492,529, an increase o f £1,505,496, or about 6 8 Egypt, £250,000; South Arrloa, £687,000; E a st Indies, £171,000. per cent. There are increases in th e exports under m ost Shipm ents: Germ any, £160,000; Franoe. £148.000; South Africa, £350,000; E ast Indies, £ 2 )5 ,0 0 0 ; Ja p a n , £92,OoO. head in gs, bu t there are Bmall decreases ia raw m aterials and Stiver—The m ark et gradually w eakened la st week on A m erican m anufactures, in m etals and in n ew ships. In raw m aterials selling and lower E astern rate s u ntil 236iad. w as again touohed. A t this point India beoame a buyer and the prioe th e re rose from 5958 to esp ecially the fa llin g off is accounted for by th e decline in This induced covering orders here and th m a rk th e price of coal. T he q u an tity o f coal exported is greater e itjd . d. This riHO has n o t been m aintained, ande In d ia e t im proved to 23i3iB being supplied by 8,618 tons, and yet th e valu e is less b y £232,615. Gener- we have dropped to 28%d., closing weak. For the w eek—A rrivals: New York, £174,000; A ustralia, £7,000; West Indies, £25.000. T otal, erally speaking there is an increase in th e q u an tities exported, S hipm ents: Bombay, £95,000; M adras. £2,500. Total, th ou gh in som e in stan ces there are decreases in th e value. £206,000. For m onth of A p ril— rriv a ls : G erm any. £64,000; F rance, £97,500. A For exam ple, cotton yarn is considerably larger in q u an tity, £12,000; U nited States, £754,000. S hipm ents: G erm any, £51,000; France, £149,000; E a st Indies, £864,000. b u t slig h tly sm aller in value. M exican D o lla rs-T h e m ark et for th ese ooin continues w ithout fresh M oney has been in good dem and th rou ghout the w eek, business and is quite nom inal. largely, no doubt, o w in g to th e paym ent of an in stalm en t of The q u o ta tio n s for b u llio n are rep orted as fo llo w s: 5% per cen t upon th e consol, loan. Ia reality, h ow ever, the open m arket it poorly supplied w ith funds and is la rg ely in S il v e r . M ay May M ay M ay GOLD. debted to th e Bank of E ngland, It has had to renew m ost of 1. L ondon S ta n d a rd . 8 1. 8 Condon S ta n d a rd . the loans that fell due at th e Bank during the w eek, and it has lik ew ise had to borrow considerable further sum s. . The d d. 8. d . I . d . com p arative scarcity of m oney is lik ely to continue for som e 3ar gold, lin e— oz. 77 9 [77 9 B ar silv e r, fine.. .oz. 23% 23 k Do 2 mo. delivery 23% 23718 tim e, n ot on ly because of th e loan in stalm en ts th at w ill J . 8. gold ooin...oz. 76 4 76 4 jlerna’n gold coin.oz. have to be paid up so freq u en tly, h u t also because of the con French gold ooln.oz. 76 4 k 76 4 k B ar silver, co n tain ’g 24% 24 do 5 g rs. gold.oz. 76 5 76 5 trol the Bank now has over th e outside m arket, and the Tapanese y e n — oz. 76 4 76 4. do 4 g rs. gold.oz. 24iie 231316 s do 3 g rs. gold.oz. 23 78 23 t> fa ct th a t coin and notes have flow ed ou t from London to the > Cake silv e r.......... oz. 250J6 25‘ 10 interior in considerable am ounts, and w ill n ot begin to return Mexioan dollars.oz. nom. nom. u n til n ext m onth. The great F rench banks have again begun to increase th e balances th ey are em ploying here. The value The fo llo w in g sh ow s th e im p orts o f o erea l p ro d u o eln to the o f m oney has suddenly fa llen very sharply in Baris, appar J n ited K in gd om d u rin g th e thirty-five w eeks of th e season en tly because th e preparations, firstly, for the recent R u s compared w ith p reviou s s e a s o n s : sian loan brou gh t out in G erm any, and, secondly, for the IMPOKTH. 1898-99. 1899-00. subscrip tion s for th e V ienna m u n icip ality loan have com e to 1901-02. 1900-01. 40,435,250 an end, and th e banks, th erefore, are free once m ore to em unp’ts of w h eat, ow t.42,916,801 47.293.000 39.066,100 18,035,743 Barley.......................... 17,730,615 15,761,100 11,391,200 ploy all their surplus funds. In P aris there is p ractically O a ts ............................11,767,998 14,367,200 12,071,800 9,673,620 no dem and, and th ey are looking for th e em ploym ent of ? e a s................ 1,632,380 1,938,300 1,822,930 1,424,198 1,418,240 1,288,700 their fu n d s m ain ly to N e w Y ork and to London. In London SeanB.... . . . . . . . . . . . . . 1,264.354 1,170,140 37.312.700 39,373,900 36,871,160 th ey have been em p loyin g im m ense balances for the past Indian c o r n ................ 30,616,552 15.253.700 11,191,000 15,855,230 F lo u r............................13.761,923 cou p le of years. F or a m onth or so back th ey had reduced Supplies a v a ila b le for co n su m p tio n (e x c lu siv e of sto ck s on slig h tly those balances, but again th ey are b egin n in g to in crease them . D u rin g th e w eek th ey have also been buying September 1): 1888-99. 1899-00. 1900-01. 1901-02. A m erican b ills on an u n u su ally large scale, and probably if Wheat Im ported, cw t.42,916,804 47.293.000 39,066,100 40,485,250 m oney continues in stron g dem and in N e w York a good deal Cmportsof flo u r.........13,761,923 15.253.700 14,191,000 15,855,230 tales of home-grown.19,673,583 18,113.378 23,126,844 23,866,607 o f F ren ch m oney w ill be invested in A m erican b ills. G9r m an bankers are lik ew ise reported to have taken considera T o tal................... 76 352,310 80,660,078 76.383.944 80,157,087 ble am ounts of A m erican b ills and other securities. Aver, price w heat,w eek,29s. 9d. 26 b. 8d. 26s. 01. 25s. 21, The India C ouncil con tin u es to sell its drafts w ell. It of Average p rice, season.27a. Od. 27s. Od. 26s. Od. 26s, 51. fered for tender on W ednesday 30 lacs and th e applications The fo llo w in g sh ow s th e q u a n titie s o f w h e a t, flour and exceed ed 1,000 lacs at prices ranging from Is, 3 % ^ . to Is. naize afloat to th e U n ite d K in gd om : 3 31-32d. per rupee. A pplicants for b ills at Is. 3 29-32d. w ere 1901. 1900 TAi* w e e k . L a st week. 3,270,000 3,005,000 a llotted ab ou t 8 per cen t o f th e am ount applied for, and Wheat............... q r s . ) 1,495,000 i iq h non 4,075,000 255,000 375.000 335,000 applicants for telegrap h ic transfers at Is. 3 31-33d. w ere Flour, equal to qrs. 5 555.000 580.000 620,000 allotted in fu ll. L ater in th e day th e C ouncil s o l i b ills for Maize. T - .......... q r s ... 580,000 The B ritish im ports sin ce Jan. 1 h ave been as fo llo w s 5 lacs at Is. 3 15-16d. per rupee. D ifferen ce. 1901. 1902. The fo llo w in g return sh ow s th e p osition o f th e B a n k of P e r Ot. £ £ Im po rts. £ E nglan d , th e B an k rate of d isco u n t th e price o f con sols, &e, Ja n u ary ......... 50,131,348 +90 +4.14S.832 45,987,516 +4-9 + 1,977,152 com pared w ith th e la st three years : 39,714,439 F e b ru a ry ---- 41,691,591 1908. M ay 7. £ O irea la tlo c...................................... 29,513.245 Publlo d e p c s lt i., .................... 7,935,418 O ther d ep o sit* .................... 41,081113 G overn m en t se c u r itie s .............. J4 824.003 Other geonritles............................. 28,831,701 R eserv e o f n ote* and co in ......... 23,967,145 C oin& bnU ion.both d ep a rim ’t* 36,768,390 P r o p .r e a e r v e to H a b tlltie s..p . o. 48% B a n i r a te ...................... p e r c e n t. 8 C onsols, 254 per c e n t . . . . , ........... 9415-18 S ilv e r ........................................ . 23 13-16d. C learing-H ouse r e tu r n s............ 189,391.000 1901. May 8. £ 1899. 1900. May 10, May 9 £ £ 29.72-1,355 29,7 j 6 630 27,7^8,260 7,663 607 7,383,116 11,889,570 89,718,231 41,719,831 37,791,803 13,768,206 14,519,878 13,873.128 28,018,5 h7 32,237.004 34,161,661 23,619,803 20,343,556 19,474,420 36,474,168 82,334,186 30,397,086 49 7-16 41k S9>a 3 4 4 94 3-16 100 3-16 UOK 27 7-164. 27kl 8P9k<L 132,414,000 154,308,000 156,409,000 Interest, allowed a for deposits by London. 'Irade Rills. Joint D is’tR 's Bank Billa. £ Stock A t 7-14 e 3 Months. 4 M onths. 6 Months. 3 M ots . 4 Mos. Banks Call Days Open M arket R a te s . 19 26 Alay 3 1 10 1 •4 3 3 3 8 3 13-lfl@2% 144@3 18-ie 29402 13-16 2tf@3 13-16 2 13-16® 2Jk 2 13-1602% 244@« 13-16 24402 13 -16 844@2 13-16 244@2 13-10 24402 13 16 2 13-16 3 S 8 SOSk 3 8© 3 k 8© 3k 3 8k 8© 8k 46,426,056 48,265.617 —5,528,195 —65,689 —11-9 —0-14 F o u rm o s.,.. 178,841,736 178,373,053 +468,683 +0-26 The exports since Jan. h ave been as fo llo w s : 1902 E x po rts. £ 1901. £ D iffe r e n c e . £ Ik Ik Ik Ik Ik ik ik ik ik ik lk 144 144 144 144 24,254,571 21,312,276 22,217,238 23,492,529 24,753,531 21,037,455 25,021,293 21,987,033 —498,957 +274,821 —2,804.055 + 1,505,496 Four in o s... 91,291,217 T h e r a te s fo r m o n e y h a v e b een as fo llo w s: Apr. 12 3 2 11-16@244 2 11-160244 2 11-160294 40,897,861 46,199,928 M aroh. . . . . . . . April............... 92 799,312 —1,508,095 J a n u a ry ........ F ebruary....... M a rc h ...___ April................. P e r Ct. —2 9 +1-3 —11-2 + 6*8 —1 6 The re-exports of fo reign and co lo n ia l produce since Jan. 1 show the fo llo w in g c o n tr a s t: 1902. r e -e x p o r t s . la n u ary ........ February . . . . M arch............ A pril.............. £ 5,340,446 5,801,101 4.314,471 6,673,949 1901. D ifferen ce. 5,051,307 5,966,288 5,200,525 6,286,007 + 289.139 —162,187 —886.054 +387,942 £ £ P e r Ct. +6*7 Oil? -- M 4 — 1 7 -0 +62 —1'6 —371.160 F o u rm o s ... 22,132,967 22,501,127 Note ,—The aggregate figures are official. They Indicate th at slight adjustm ents have beeu m ade lu the m onthly re tu rn s as Issued. THE CHRONICLE M ay 24, 1902.] 1069 The following table shows the exports and Imports of specie at the port of New York for tho'week ending May 17 The dally olosing quotations for securities, eto., at London are reported by oable as follows for the week ending May 20: and sinoo Jan. 1, 1902, and for the corresponding periods in 1901 and 1900. B n g l l i k P l n a n o l a l M a r k e t * —P a r C a b l e . I-uee. Wed. 23% 9 5 :iio 95r ’io 10105 78% 5 7e 80% 99% 108% 97% 132% 47% 29 171% 42% 91% 87% 68% 83% 155 141% 28% 18% 26% 56% 159 33% 67% 92 76 31% 42% 34% 65% 37% 97 106% 89% 40% 92% 26% 44% 77 23% 95% 9B»,« 10106 78% 5% 81 100% 109% 98% 138 48 29% 173 43% 92% 38 69% 53% 156 144 28% 18% 26% 58 160 34 58% 92 76% 32% 42% 35% 66% 38% 97% 107% 89% 41% 93 26% 44% 77% Mon. LONDON. Sal. S ilver, per o u n o e____d. C onsols., n e w ,2% p .ots. For a o o o n n t........... . F r’oh ren te8(lnP art8)fr. S panish 4a................... A n acon d a M in in g......... A toll. Top. & S an ta F e.. P referred ....................... B a ltim ore & O h io .......... P referred ....................... C anadian P aolfio........... C hesapeake & O hio___ Obioa. G reat W estern .. Chic. Mil. & St. r a u l . .. D en. & R io G r .,c o m ..-. Do do Preferred. E rie, c o m m o n ................ 1 s t p refe rre d ............... 2d p referred ................. Illin o is C e n tr a l............... L o u isv ille & N a sh v ille.. M exican C e n tr a l.......... M exioan N a tio n a l......... Mo. K an. < T e x .,o o m .. fe P r e f e r r e d .................. ST. Y. O ent’l & H udson.. N. Y. O ntario & W est’n N orfolk & W estern ........ Do do pref. P e n n s y lv a n ia .................. *P h il a. A R e a d ............... *Phila. & R ead, ,1st prei. *P hil a. & R ead ., 2d pref. S outhern P a o iflc......... S o u tli’n R a ilw a y , com .. P r e fe r r e d ........ ............ U n ion P a o iflc............... P referred ....................... U . 8. S teel Oorp., co m .. Do do p r e f.. W ab ash ................... . Do p referred ....... .. Do n eb . “ B ” ......... 2311 io 95% 95*4 101 T o 78 5% BO'S 99% 108% 97% 130% 47 hi 29% 171 % 42% 92 37% 686s 53% 155% 143 28% 19 26 57 159% 33 57% 92% 76% 31% 42 34% 66% 37% 97% 106% 89% 41% 93 26% 44% 78% <1 Q 3 o b l « O s H M W £ TKurt, EXPORT! AMD IMPORTS O f SPECIE AT MEW YORK. Sri. 24 24 90 95% 901, A 101-15 01 0 7 % 78% 78 6 6% 81% 82% 100% 100% 109% 109% 98% 97% 138 137% 48 48 30% 30 173% 175 43% 43% 92% 92% 38% 38 69% 69% 53% 53% 156% 156% 143% 142 28% 28% 18% 18% 26% 26% 57% 58 160% 160% 34 34 58% 58% 92 92 76% 76% 32% 32 42% 43% 35% 35 66% 66% 38% 38% 97% 97% 107% 107% 90 89% 41 s4 41% 93 92% 275a 27% 45% 45% 77% 77% * P rice per share. e w a N a t i o n a l B a n e s . —The follow ing inform ation regarding national banks is from the Treasury D epartm ent. N A T IO N A L B A N K S O R G A N IZ E D . Certificates Issued A pril 9 to A pril 16, 1902. 6.200— The City N ational Bank of E van sville, Indiana. Capital, $ 2 0 0 ,0 0 0 . F ran cis J. R eitz, P resid en t; F ra n cis A. F o ster, Cashier. 6 .2 0 1 — The F ir st N a tio n a l B an k o f S id n ey, N eb rask a. C apital, $25,000. J o h n W . H arper, P resident; Chas. C allahan, Cashier. 8 .2 0 2 — T he C itizen s’ N atio n a l B an k of P ooom oke C ity, M aryland. C apital, $20 ,0 0 0 . E lijah J. Sohoolfleld, P resid en t; H ow ard H all, Cashier. 6 .2 0 3 — The F irst N ation al B ank of T yler, M inn esota. C apital, $ 25,000. A n th on y W. M agandy, P resident; M. G lem m eatad, C ashier 6 ,2 0 1 —The F ir st N ation al B an k o f M inn esota L ake, M innesota. C ap ita l, $25,000. P eter K rem er, P resident; M. 8. F lse h , V iceP resid en t; O. H . Schroeder, Cashier. 6 .2 0 5 — T he F irst N ation al B an k of K eyser, W est V irginia. C apital, $60 ,0 0 0 . F. M. R eyn old s, P resident; J. T. C arskadon, C ashier. 6 .2 0 6 — T he P age V alley N ation al B ank o f L nray, V irginia. C apital, $25 ,0 0 0 . W illiam O. Y ager, P resident; C harles S. Landram , Cashier. C onversion o f P a g e V a lley B an k o f V irgin ia, a t Lnray. 6 .2 0 7 — T he F irst N ation al B an k of L ou isville. G eorgia. C ap ital, $35,030. H ugh M. Comer, P resident; W. W. A bbot, C ashier. 6 ,2 0 8 — The F irst N ational B ank of Long P rairie, M inn esota. C ap ital, $ 2 5 ,0 0 0 . A lbert Rhoda, P r e s id e n t;----------------- , C ashier. 6 ,2 0 9 —The A m erican N ation al B an k of Ebenshurg, P en n sy lv a n ia . C apital, $ 1 0 0,000. 3 ohn L loyd, P resid en t; R obert Soanlan, Cashier. 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 May 15 and for the week ending for general merchandise May 16, also totals since beginning first week January, F O R E IG N IM PO R T S. f o r week. 1902. 1901. 1900. 1899. D r y G ood s— GenT. m er’dise $ 1 ,911,405 8,733,378 $ 1 ,617,656 10,124,013 $1 ,8 2 7 ,3 0 4 8,435,6 3 2 $ 1 ,6 0 8 ,5 5 9 9 ,5 3 7 .4 5 6 T o ta l.......... $10,644,783 $11,7 4 1 ,6 6 9 $ 1 0 ,2 6 2 ,9 3 6 $ 1 1 ,1 4 6 ,0 1 5 D ry G oode— G en ’l m er’d ise $51,6 4 6 ,7 0 7 168,5 4 9 ,6 7 2 $ 4 3 ,6 7 9 ,3 4 9 177 ,5 6 6 ,4 9 9 * 5 1 ,6 2 9 ,7 5 6 172,518,8 4 2 $ 4 4 ,2 6 6 ,6 3 9 1 6 6 ,3 8 9 ,0 8 7 Since Jan. 1. Week. Im p o rt!. S in ceJ a n .l. $ ......... Week. Since Ja n . 1, T otal 1 9 0 2 .......... T o ta l 1 9 0 1 .......... T otal 1 9 0 0 .......... * 1 3 ,9 0 0 $16,866,401 2 ,1 9 8 ,8 4 1 17 ,9 4 1 ,7 9 2 3 ,2 3 1 ,4 6 4 1 7 ,9 2 1 ,4 9 3 $ 1 8 ,8 7 4 3 3 ,2 3 2 2 1 ,8 7 5 $ .. _ 4 8 5 ,5 5 0 25 1 33,829 1 7 ,4 8 5 41 9 ,0 8 4 8 8,638 $ ............. 1 ,800 lo a th A m erio a ........ HI oth er co u n tries. $ 1 8 2 ,8 5 0 14 ,1 3 0 ,3 8 8 1,586,104 5 12,939 2 3 ,1 0 0 32 7 .9 7 4 1 03,016 ; rea t B r i t a i n . .. .. .. F rance......................... le rm a n y .................... Vest In d ie s............... 13,900 3 ,809 1 3,765 Since Jan. 1. Week. $ 1 ,0 9 4 ,0 0 6 99 6 ,0 6 8 1 ,2 1 4 .8 7 5 Imports. Export!. Silver. Week. S in c e J a n .l. Great B r ita in ............ France...................... G erm any............ West I n d ie s ....... . M exico........... South A m e r ic a ..... I l l oth er co u n tries. * 5 5 0 ,1 7 0 $ 1 3,894,701 5 29,731 1 ,000 57,513 1 ,7 5 0 52,661 700 1,000 $ ............. $844 2 ,7 8 0 3 ,368 260 2 6 ,0 1 3 24 4 ,6 1 8 1 8 4 ,7 6 0 1 1 ,2 4 4 T otal 1 9 0 2 .......... T o ta l 1 9 0 1 . . . . . . T otal lf»on.......... $ 5 5 7 ,9 2 0 $ 1 4 ,5 3 7 ,3 0 6 617,485 20 ,6 6 2 ,6 2 1 1 ,3 0 0 ,2 0 5 19 ,5 1 4 .5 3 8 *6 ,4 0 8 6 4 ,1 7 4 7 9 .2 8 2 $ 4 6 7 ,4 7 9 1 ,4 2 8 ,8 7 8 1 ,5 6 1 ,6 5 9 Of the above imports for the week in 1902 $5,215 were American gold coin and $6,002 American silver coin. Of the exports during the same time $13,900 were American gold coin. New York City Clearing House Banks.—Statem ent of jondition for the week ending May 17, based on average of iaily results. W e o m it tw o ciph ers ( 0 0 ) in a ll cases. BANES. g flr o r o s r jc ia l a n d p t is c g H a t u e g u s H Export!. Gold. C a p ita l. S u rplu s. 2, 000,0 2,240,8 Bank of N. Y .. M anhattan Co... 2.050.0 2,388,5 2,000,0 1.246.7 M erchants’, 2,000,0 2.496.3 tteohsnios’ . A merioa............. 1.600.0 3.207.8 P h e n ix .............. 1, 000,0 285.6 C ity ............. 10, 000,0 7.383.4 300.0 7.0 37,1 Chem ical.... 600.0 M erchants’ E x .. 273.1 Gallati2 . . „ . . „ „ , 1 f\(\f\ n 3.044.1 B a tc h .* u r o v ’s’ "’Soolo I (,o 142.1 Meoh.* T rad ers’ 400.0 181,9 200.0 G reenwich.......... 528.2 600,0 L eather M’f’r s .. 99,8 Seventh N ation’l 1.700.0 Am erican Exoh. 5.000. 0 8.300.0 C om m eroe..._ 10, 000,0 7.837.2 _ Broadway........... 1 000 0 1.902.1 M e rc a n tile ...... 1,000,0 1.416.3 535.8 Paoiflc_ . . . . . . . _ 422,7 C hatham ........... 450.0 1 .002.1 864.9 200.0 People’s.............. N orth A m erica.. 2, 000,0 2.027.7 0 H anover.......... . 3.000. 5.912.1 484.0 I rv in g ............ . 500.0 603,4 1.550.0 Citizens’....... . 289.1 500.0 N a ssa n .......... 1.046.5 900.0 M a rk e t* F u lto n Shoe * L ea th er. 1.000 . 0 247.9 Corn Exchange, 1.400.0 1.788.7 405.2 800.0 O rien tal............ tm p’t ’r s ’A T rad. 1.500.0 6.278.3 2,000,0 4.192.7 P a r k ............... 152.1 250.0 E ast R iver.. 8, 000,0 2 , se e 5 F o u rth ........ . 690.1 1, 000,0 C e n tr a l..... 300.0 1.135.8 Second.......... f i r s t ..................... 10, 000,0 11,960,1 341.9 600.0 N .Y .N at’lE xoh. 766.2 260,0 B ow ery.............. 604.1 200,0 N. Y. C o u n ty .... 410.1 750.0 German A m eri.. Chase................... 1, 000,0 3.029.2 100.0 1.485.8 Fifth A v e n u e ... 002.7 200,0 German E x o h ... 863.6 200,0 G erm ania.... 300.0 1.171.2 Lincoln......... Garfield............... 1, 000,0 1.234.4 887.6 200.0 F ifth .................... 300.0 1.200.6 Bank of M etrop 481.7 200.0 W est S ide........... 500.0 1,108,1 Seaboard............. W estern.............. 3.100.0 2,874,7 638.2 800.0 1st N at., B ’klyn. 829.3 Liberty................ 500.0 458.1 N. Y. Prod. E x .. 1,000,0 663.2 600.0 N ew A m sterdam 469.3 Astor................... 860,0 422.4 500,0 Hide A L ea th er. . . L oans. Specie. $ * 18.175.0 2.944.0 21.853.0 4.025.0 12.470.5 1.546.3 13.042.0 2.078.0 19,888,8 2.633.4 6.095.0 937.0 113.265.0 25,648,5 24,781.3 4.023.3 749.8 5.010.6 8=696,6 1.080.1 l,UO£,S alo.S 3.096.0 457.0 97,8 1.268.1 4.411.6 913.1 6.078.0 1.154.8 33.785.0 6.047.0 69.410.7 11.488.1 7.103.3 1.334.4 13.486.8 1.745.0 358.4 3.005.7 792.5 0,110,4 224.9 2.070.4 15.410.1 1.746.0 46.890.5 9.684.2 634.2 4.491.0 808.2 6.702.9 372.4 2.902.6 099,2 6.584.6 3.908.9 966.5 20.923.0 3.657.0 203.8 1.949.0 23.568.0 4.018.0 51.818.0 12.440.0 1.257.0 161,1 20.058.5 2.980.8 10.425.0 2.009.0 9.584.0 1.527.0 74.527.1 18.239.2 6.806.8 1.022.0 2.801.0 335.0 3.865.3 1, 020,0 3.476.4 627.1 38.601.7 9.406.7 9.692.3 2,672,e 2,443,2 222.8 2.870.4 412,9 13.928.7 2,181,1 8,034,8 1,004,6 2.269.0 457,8 7.928.6 1.688.8 469.0 2.781.0 12.718.0 2.428.0 38.732.0 9.114.2 4.481.0 404.0 7.118.7 1.098.3 744.0 4.208.8 7.918.8 1,744,8 770.0 4.349.0 374.2 3.050.1 Re Legals. Deposits. serve P.O. , * 17.703.0 2 5 6 24.759.0 2 5 2 14,282,4 2 2 0 13.104.0 24- 9 32.005.3 2 5 0 5.089.0 25- 7 125,786,0 28-3 23,912,7 2 0 1 5,208,3 2 5 2 6.722.5 27'8 41,~ 1.510.6 23‘9 288, 3.696.0 20-1 1.128.6 19- 5 123, 4.310.2 2 5 8 202, 5.946.0 24'5 294, 2,133,- 28.005.0 256.839.6 62.761.3 29'2 216.8 0.288,2 24'8 1.843.1 14.220.3 26488.2 3.912.0 21-5 856.0 6.258.0 26'3 515.4 2.829.0 28-5 1.808.6 13.962.3 2 4 0 6.104.6 64,983,2 28- 7 583.0 4.729.0 25'7 833.4 0,435,4 25 4 373.6 3.354.2 2 2 2 748.8 6.986.3 24’9 238.8 4.632.8 26- 5 2.591.0 25.284.0 24-7 286.4 1.882.0 2 5 2 1.208.0 21.238.0 24-6 4.251.0 63.841.0 28-1 191.8 1.417.2 242.589.7 21.629.6 251.005.0 12.878.0 231.055.0 10.869.0 241.442.7 71.179.6 27309.2 6,849,7 2 0 0 302.0 3.237.0 20509.9 6.247.0 29239.8 8.383.0 25- 6 2,110,6 45.951.7 25-1 100.3 10.732.0 25-4 446.6 3.170.4 21-0 684.8 4.084.6 23-3 1.571.8 16.034.0 23 2 338.4 8.302.9 23132.8 2.387.3 24828.5 9.087.7 2 4 3 324.0 3.070.0 251.490.0 15 063,0 25 9 2.240.0 45,098,5 25-1 454.0 4 321,0 19425.0 0,798,4 22378.8 4.179.5 20- 8 531.5 8,045.2 25-1 227.0 4.283.0 2 3 5 101.4 2.214.1 21-6 $ 1.583.0 2.216.0 1,599,4 1.185.0 2,886,8 370.0 7,470,2 2,236,7 579.2 793.7 T otal..............88.872,711050079 879,029,9 1083258 73,581,2 936,161.9 2 6 '8 New York City, Boston & P hiladelphia Banks.—Below we furnish a summary of the weekly returns of the Clearing The following Is a statement of the exports (exclusive of House Banks of New York City, Boston and Philadelphia. specie) from the port of New York to foreign ports for the Capital del week ending May 19, and from January 1 to date. Loans. Specie. Legals. OepositsA Oirc’l’n. C b a n k s . Surplus. Hearings . T otal 20 w eeks 2220,187,379 *221,2 4 5 ,8 4 8 $ 2 2 7 ,1 4 8 ,5 9 8 ^ lO ,6 5 5 ,7 2 6 EXPORTS FROM NEW YORK FOR THE WEEK, 1903. F or th e w eek. J *10,4 9 8 ,6 4 3 P rev. reported 179,067,470 1 901. 1900. 1899 * 8 ,2 3 8 ,9 5 6 1 9 5,705,483 $ 1 0 ,2 9 3 ,6 0 4 197,7 8 9 ,9 8 5 $ 8 ,3 2 2 ,2 3 2 1 7 0 ,8 7 7 ,3 5 3 T o ta l 20 w eek s $189,5 6 4 ,1 1 3 * 203,944,439 * 208.083.5 8 9 * 1 7 9 ,1 9 9 ,5 8 5 N o te .—As th e figures of ex p o rts as reported by th e N ew York Oustore H ou se from w eek to w eek fre q u en tly sh ow d iv er g en ce from th e m o n th ly to ta ls, also com plied b y th e C ustom H ou se, w e sh a ll from tim e to tim e ad ju st th e to ta ls by adding to or d ed u ctin g from the am o n u t " p reviou sly reported N. V,* Apr. 20.. May 3.. “ 10.. “ 17.. B o*,’ May 3.. “ 10.. " 17.. P h lla .* May 3.. " 10.. “ 17.. 9 187.278.4 187.278.4 187.278.4 188,880,0 * 893,394.1 904,162,5 901.933.0 379.029.0 9 1730940 1788504 1701904 1083258 9 75,003,7 75,681,0 73.029,5 73,501,2 t 954.540.8 368.189.0 900.235.8 336.101.9 $ 30.970.3 31.049.3 31,229,0 81,273,2 19040000 19253502 18100075 14981021 6.152.0 1 1 5 .2 1 0 .0 4.988.0 158.244.8 6.090.0 2 0 8 .4 1 6 .0 4.999.0 187.588.9 6.510.0 208.516.0 5.015.0 150.030.1 314.080.0 9.304.0 183.140.2 67.035.0 2 1 5 .5 1 7 .0 9.272.0 185.280.9 66.791.0 3 1 5 .2 0 3 .0 9.088.0 124,675,0 56.041.0 52.001.0 190.039.0 15.490.0 62.061.0 189.100.0 1 5 .3 8 7 .0 52,001,0 185.231.0 10.310.0 38,715,3 182.443.0 38.716.8 183.808.0 88.715.8 181.933.0 • W e o m it tw o ciphers i n a ll t hese lloures. t In o ln d ln g f o r B o s to n a n d P h lla a o lp n ia t h o Ite m " d ta e t o o t h e r b a n k a ." 0 2 2 8 4 9 6 6 1 3 7 8 8 3 T M li 107 U C H R O N IC L E [VOL. LXXIV, fitapbrt** ot Noji tteuitiar Batiks—ffae following is the The exports from & several seaboard ports for the week he itat*merit of condition of the non-member banks for the ending May 17, 1903, are shown in the annexed statement*. lour, Wheat. fly «, Pifil* week erutlug May 17, based on average! of the daily result* M&portreftem- Lu^h. Corn, Itbbls* Oats, hush bush, M&rhw bush. bush. hU*h ■ W i m it two dp/mr# f 00) in all cases. 23,029 85.016 Aprs Y o r k ,,.., 787,028 24,302 208,703 1,988 2,816 Ld«i T Deposit .With Met Capi Bur- \Loans del x q plus. Invent- i&pecie. < ILk. Clear* Other LhpotiU ta l Motes. Agent. BksM 1meat e. BANKA. t<hj« om itted.) N*W r O tti CiTY. Bo-rough oj Manhattan t | i 2344,9 45.4 290$, 0 134.0 1446.7 03.8 10.8 1423.3 1001.8 86.7 2436.0 147.9 1672,8 40.1 1421.7 23.7 2976.0 73.8 18.8 1028.1 4829.0 844.0 1470.0 84.0 1111.0 42.8 2068.7 49.0 1457.8 48.0 898.0 11.0 630.1 8,6 178.8 2,7 1092,1 10,6 3.0 269.0 407.9 9.1 1999,6 210.9 * „ ? UOiOOiaL' .< .*«*•«»** 100,0! I60,b O eium bia., . . v • 800,0 225.6 Youjrteeiith str e e t. 100,0 86.9 GanaevoorC *«..,».. 300.0 86,1 H a m ilto n .,, . 200.0 98.6 M ount M orris........ 250.0 86.9 300.0 174.6 M utual. N in eteen i h W ard .. 200.0 162.9 100,0 230,5 ? i n a .......... ' f t i r e r a i d e . , . 100,0 187,4 100,0 817.9 T w elfth Ward. *«„ 200,0 66,8 100,0 77.6 T w enty -third W U nion S q u a re,.«.«« 200,0 872.9 100,0 244.2 fork rilid .M . 87.6 W ashington..,........ 100,0 200,0 100.2 jftdelity 100,0 60,8 ▼ w ic k ,. 200,0 06.6 Jeflera on 100,0 60,7 Century W ash* * U>nH ei*h is 100,0 100,2 U nited N a tio n a l... 1000,0 180,3 Boro’h o} Brooklyn. 150.0 132,2 100.0 180,1 800,0 105.9 100,0 15,6 80,0 100,0 262,0 480,1 500.0 349.7 100.0 29,1 300.0 027.0 800.0 686.0 100,0 148.1 100,0 133.2 100,0 70.0 200,0 269.0 100,0 67.0 200,0 126.0 100,0 67.0 B e d fo rd * ............. .. B ro a d w a y ... . . . . . . Brooklyn.* E ighth W a r d ....... F ifth A v e n u e .,,.., Mannfact/ra* N&t’l. M e c h a n ic s ,.. . . . . . . Merchants*.............. N assau N ational*. N ation al C ity .. . . . . N orth S id e ,........ . P e o p le s ,..,....... . S even teenth Ward Sprague N ation al,. T w enty sixth W*d. U n i o n .,.,,..,........... W ailabout, 1407.3 1080.4 1828.8 332.8 737.8 2804.8 4254.9 756.0 3708.0 2971.0 873.4 1.281.9 669.1 1043.4 672.4 1,283,2 819.1 I 144/3 $ 163.4 100,0 219.0 00,5 239.8 109.8 106.9 107.8 138.4 88,9 326,8 120,0 182.0 105.7 308.7 224.6 201,2 18.5 05/1 172.0 116,0 136.0 174.0 121.8 70.0 219.7 230,6 139.0 127.5 40.2 11,4 83.4 64.3 64,8 124.4 100.7 84.7 10.3 31.8 9.0 34.0 62,2 58.0 12.4 17,3 80.9 4,0 87,6 326,4 190.1 9,5 191.0 140.0 10.5 44.5 9,9. 94.2 10.5 46,8 89.3 88,7 185.8 48.6 88.0 21.5 161,2 100,4 48.0 310.0 200.0 48.1 79.0 41.7 4.0 24.8 00,7 29.1 $ 2350.0 8,0 8015.0 1069.0 00,0 1019 9 6,0 1003.2 62,8 3067.7 8,8 1684.3 25,9 1760.7 3157.5 1041.4 214,0 5811.0 1879.0 28,0 1287.1 2801.2 883,8 0,6 1500.0 21,9 709.8 612.0 812.5 1103.4 3 165.6 202.8 1019.2 132,2 143.6 128.5 120.5 1680.3 1810,2 28,0 1334.7 16,0 384.0 2] ,9 078,5 3307.8 2*6,0 4725.0 757.0 87.0 4233.0 88.0 8210.0 58.0 777.4 43,8 1350.8 41.4 582.2 29.0 905.5 1.0 007.7 133,5 1.205.5 87.5 823,9 68.0 88.8 12.500 Boston............ 237 392 Portland, Me. 104,138 iMRladeiphia, . 811,032 Baitianore___ 208,501 novy Orlo&n#. 402,000 Hewp’rt New./ 88,750 M ontreal..... 1.268,803 32.000 Galveston.__ M obile.......... Quebec. ........ 201,001 8.422 3,740 41,991 00,101 15,580 8,456 21,992 681 8,876 2,515 18,600 13,872 2,416 Tr T- 18,970 ii,0 io 1,869 118,027 101,033 16,821 — «... 07,991 Tefcal w eek . 3.042.306 Same time ’OL .2.760,033 2,899,203 235,818 173,678 312,142 1,820,170 305*390 81*191 569,8 730,6 H ,4 30,1 Bank of Staten I si 1st Nat.*Staten I s l 26,0 100,0 Other Cities, 1st N at., Jer. C ity. Hud. Co, N at., J.O, Sd N at., Jer. C ity ., 3d N at., Jer. C ity ,, 1st N at., H ohoken. *d N at., H oboken. 601.0 354,0 38,8 03.4 03.6 152.5 94.7 82.4 01,3 20,5 400.0 984.9 4849.2 288,0 250.0 615,4 2273,0 17,4 82,1 250.0 804.9 1208,8 41,1 2 0 0 .0 249.7 1118,'? 110,0 403,1 2490,8 183,2 907,0 125,0 126.8 31,8 70,6 01,8 88,0 85,8 00,7 10,0 022,1 20,0 092,7 324,1 1180,1 524,0 5951,1 49,8 1780.3 02,9 90,5 78,6 1348.8 13,3 394.1 250.1 65.8 23,1 1154.3 40,7 138,8 22,0 2317.8 40.9 45,5 1055,0 88,1 T otals M ay 1 7 .. 8812,0 9494.7 76788.1 3339,0 4453,6 8355,9 2214,0 81900,6 T otals M ay 1 0 .. 8828,0 9412.8 78204,8 3423,6 4530,9 8809,6 2027,6 84473,4 T otals May 8 .. 8828,0 9412.8 77729.1 3618,8 4219,2 8935,2 3004,9 84740,1 Breadstuff8 Figures Brought from Page 1101.—Tbe •tatenxente below are prepared by us from figures collected by the New York Produce Exchange. The receipts at Western lake and river ports for the week ending May 17, and since Aug, 1, for each of the last three years have been: MiiiipU fit— Fl$ur. W hm t. Oats, Corn, m n .w e m BiMk.60l6« Buth.BSlbs Bush.SSlbs O hliago....... . M ilw auk ee.. Dwlnth Mlnnoapolla. T o la d o .. . . . . D o tr o it....... O lovelanfi,.. S t.L ou i* . .. . F to f i a .......... M amas City. 102,620 57,760 138,500 7,000 16,748 38,240 13,050 301,900 48,800 42,370 585i620 7,000 19,395 44,039 214,143 21,600 138,400 448,557 15,200 24,200 7,000 21,240 91,180 ?83,2S5 101,000 320,800 1,014,490 102,700 10,534 58,100 7,000 61,405 126,511 351,200 819,350 202,800 week and sinco May VI. July 1 to— bU». 1,1901. bbl*. Gutted Kingdom 137,834 8,397,446 Continent............ 50.905 2,410,601 S. A 0. Am erica. 7,787 847,871 W ist indie*— , 28,828 1,010,742 Br.N.Anc Colo’s 600 118,924 lib e r countries 9,929 830,687 T o t a l ................ .. T o t a l 1 9 0 0 - 0 1 .... May 17. bu$h. 1, 1001. bush, 8,898,470 03,088.693 1,230,810 60„083t69O 2,000 60,848 50 10,018 Week Since July May 17. 1, 190L bush. The receipts of flour and grain at the seaboard ports for he week ended May 17s 1902s follow: JFlOUr, Ofits, fVASfit 9 Corn, B *rup JEUtiipU fii« bhts. hush. buth c bM9h, hush. Mew York*, BOSSOn*........ Montreal^........ Fhiladelphia*... R ichm ond. Newport News. S a lv esto n * ,^ .,. Portland, M e... M obile,.. Quebec.............. Total w e e k ,,,... W eek 1901............... 347,275 109,911 46,053 334,166 29.925 1,496,572 . 72,002 358,167 67,081 415,683 2,529 19,476 10,198 72,080 88,750 8,456 11,060 8.740 104,123 3,875 ---- . 201,001 133,890 10,495 27,279 31,700 91,115 128,176 21,000 18,372 2,415 444,000 144,129 80,262 07,259 70,123 11,993 27,980 1,125 88,775 1,800 f t^ ff f # 8,500 4,720 381,489 The visible supply of grain, comprising the stocks in granary at the principal points of accumulation at lake and seaboard ports, May 17,1902, was as follows: fvasfit, Instore a t— Oats, bush. Corn, bush. bush. W heat.......... .......... ..bnah, 36,377,258 1 8,081,497 C o r n .................... .. 4 . * 15,019,065 Oats. . " 1.401,324 B arley ........ .......... . 1.019,231 Rye........................... . “ Total grain....... . “ 03,498,870 23.000 470',000 223,000 201,000 4,870.000 3,014,000 1,135.000 820,000 67.000 175,000 16,ode 0,000 61,000 38,000 ' 1,000 88,000 88,000 15,000 *iSS* • e -s 8,000 li.ooo .261,000 271.000 15,000 162.000 100,000 17,000 a,oee 821,000 ieo.ooo leo.bbd 84,000 8,182,000 759,000 448,000 6,000 121,000 19,(300 87,000 48,000 ......... 3,000 109,000 31.000 90.000 50,000 05.000 48.000 34.000 2,000 6,000 17,000 1901. 8.028,812 1900. 8,150,571 1899. 7,971,113 41,018,905 65,082,404 82,813.828 2.497,520 1,149,824 29,206,201 71,704,811 25,744.007 5,837.015 817,412 T?,600,854 66,728,708 20,694.841 1,838,840 3,084,018 142,557,137 133,339,006 134,881,751 20,000 88,000 ' 1/100 14.000 603,900 Auction Sales—By Messrs. Adrian H. Muller & Son : Stocks. Stocks 200 Chatham Nat, B a n k ........ 340 20 Am er. E xch . N at. B a n k .275 10 M orton T rust C o . . . . ___ 1100 ICO T rust Co. of A m erica___ 265 40 O riental B a n k .................. 223% 25 V an Norden T rust C o ...2 4 8 25 S even th N a t. B ank.*..,... 136% 88 N at. Bk. of C o m m erce..3 4 9 7e 4 Nat. B roadw ay B a n k ....3 2 7 % 10 Mut. A llian ce T rust C o ..348% 10 CornExeh.Bfr. (rights on) 461% 10 R ealty A ssociation (50 per cen t paid in)............*116% B on ds . $ 1 ,560 Sub*Co. Land Trust, Series 3 ___________ $1,500 J. B. W atkins Land M ortgage Co., Series 4 2 ...$ 2 3 5 $ 4 1 0 A tla n tic M at. Ins. Co, scrip of 1 8 0 2 ......... 107% $ 1 8 ,0 0 0 G uanajuato Consol. M ining & M illing Co. 1st Consol. 6s, 1910. M .& N ... 5 $ 3 0 ,0 0 0 Cape Breton B y . Co. 1 st 5s, 2 0 0 1 ............ $ 1 6 1 0 lo t gjmMn$ and JffitianctaL Spencer Trask & C o ., BANKERS, 2 T «fc 2 9 F I N K S T R E E T , . . . . NEW YOKE Transact a general banking business; act as Fiscal Agents for corporations, and negotiate security issues of railroads and other companies. Execute commission orders and deal in o f f a t 9,925 100,001 64,922 151,438 Total receipts at ports from Jan, 1 to May 17 compare as follows for four years: 1902. 108,000 34,000 830,000 IN V E S T M E N T 9 R eceipts do n o t include grain p asting through N ew Orleans to r toyeien porta on through b ills o f lad in g. Receipts of— F iona:.....,,............. . 123,000 8,000 59,000 ....... 407,000 M 854,629 3,448,298 459,448 821,314 837,203 2,829,088 8,275,574 2,640,410 Barley hush, hushn New York.................. . 1,052.000 Do a flo a t... .. io s t o c ......... ....... . . . . . 408,000 Philadelphia....... . . 404,000 599,000 Baltimore......... . New Orleans.......... . . 383,000 Galveston . . . . . . . . . . . . , 76,000 Montreal................ . 238,000 ffnronto^...___ . . . . . 10,000 Buffalo................... . 950;OOO Do afloat.. • • •. Toledo . . . . . . . . . . . . . 45,000 bo a f lo a t...... Detroit. . . . . . . . . . . . 100,000 Do a f lo a t...... Ohloago... ................. . 6,280,000 Do a flo a t,....... M ilw a u k ee ............. . 294,000 Do a flo a t...... rt-W ill’m&Pt-ArtJtinr 2,492,000 D u lu th .................. 9.080,000 Do afloat........................... M inneapolis, >............. 8,435.000 St* L ouie................. 95,000 Do a flo a t,,... .................. Kansas C i t y .. .. ,. ., ., 830,000 Peoria.......................... 6i,ooo Indianapolis.............. 84,000 On Mississippi E lv er. 256,000 On L akes..................... 1,281,000 On canal and r iv e r ... 506,000 S E C U R IT IE S . Members N. Y. Stock E xchange. 18,979 bush. 15,287 11,069,198 4,467 10,026,092 6,183 021,121 28,682 1,006,511 17,460 281,490 2,072 251,744 8,042,805 123.169,070 67,991 24.430,750 2.750,088 113,049,010 2,899,203 187,071,918 28 5 ,8 1 8 1 3 ,120 .1 3 0 842,142 14,059,401 130 Safe D ep osit Oo. of N. Y .130 F ellow ship in perpetuity In Nat. Acad, of D esig n .$160 120 Central N, J . Land Impt. Co. (old stock), upon w hich $ 2 ,790 has been p a id .................... . $1 per share Bye. .Barlsg, 100 Omaha & St. Louis') B y ., p ref......................I £tt*A.*8ZZ>s B«s§Slb 50 Omaha < St. L. B E ., I ^ fe 204,900 10.000 com ., tru stee’s cert. 10t 124,450 6.600 100 Omaha & St. L. B E ., j 989 com ., tru stee’s cert. J 0,350 4,C90 350 Cornish Silver M ining Co. of Canada......... „ ..$ 3 lo t 2-B ights N. Y. S ociety Li* ,,,,,,,, brary, free from all annual p a y m en t___$ 5 0 each 3,000 9,000 80 H anover Fire Ins/^Co.* ..1 3 8 5 0 U nion Selling C o ./..........113% 1,400 13,600 1 N at. Park B a n k ,.............. 653 50 G erm an-Am erican Bk .1 6 5 1 Adlrond’k L eague C lub..$560 850,289 ~ 24,090 5 H ollan d T rust C o........... 20 220,870 120,999 50 B an k of N, Y ., N, B. A . -354 111,843 378,702 433,908 1,423,276 1,372,408 2,255,150 TOt.Wk.1902 Ssm ewk.ffiJ. 368,166 2,811,658 2,862 890 2,961,281 3S3.648 2,857,^95 1,955,827 2,000,003 Sam« w k.‘00 S in u A u §. 1 1961-02....... 17,275,464 204,525,975104,455,541 115,080,268 89,104,042 1900.01........ 16,221,619 196,171,700171,301,710 189,851,001 37,898,836 1899=00 ... 17,422,241 184.276 6991184.001.684 136,415,621 39,341.62© 5.571,405 2,810 33,846 The destination of these exports for the week and since July 1, 1901, is as below: Fiowr.---- — \ r--------Wheati /----- -Corns------s Exports for Week Since July Week Since July Total May 17, 1902.. 83,577.000 Borough of Richmond, 423.0 407.7 .......... . 19*003 01,489 Branch Office, 65 State St., Alban j & W h i t e , M e m b e rs N e w Y o r k S to c k E xch an ge* 1 NASSAU STREET, CORNER WALL. D e a le r s In I n v e s tm e n t S e c u r itie s . Tel. 5820-5821 Corfclandt. T e le p h o n e S t o c k s a S p e c i a l t y T racy & C o ., Bankers, CHICAGO. N o, 4 0 W a ll s tr e e t* N E W Y O R R . Connected by private wire, MILW AUKls 18, D e a le r s in H ig h G r a d e B o n d s . List of Current Investment Qferirw sm t on Application. Com m ission Order# MamhAva ' New York Stock Exchange, Members j 0 ]JieftgO stock Exchange E x e c u t e d In a l l M u rk # * * $13 IHK M a t 24, 1002.] ( I HRONI CI . K gutters’ (S&aette. K I n te r e s t P e r io d s N 1>N . W hen P er C e n t P a y a b le H om e oj C om pany. Itiillroncln (H team l. 3 19 Chicago < Alton / ’ A'., com............. fc .T’lio clo do do prof............. J ’llO Mexican N orthern (quar.)............. 2 J ’ne Panam a (speolal).............................. W trcei R a ilw a y . 1% flue Am erican Railways, Phila, (quar.) H ank. 4 May Bedford, Brooklyn............................ 3 flue Union Square.................................... M iscellaneous. Borden’s Condensed Milk, pref. (qu.).. i% flue City & Suburban Homes........................ 2 J ’ue Columbus (O.) Gas L. «fe Heat., p re f... 3 .flue Ohio < Ind. Cons. Nat. < 111. Gas (qu.) 1 J ’ne & fc ’ne 16o. •T Philadelphia E lectric..................... 1 4 J ’ne Southern Cotton'Oll....................... B o o k s C lo se d . ( D a y s I n o lu s iv e .) 2 2 2 Holders of roe. May 23 to J ’ne 8 6 J ’uo 3 16 J ’ne 1 to J ’ne 16 31 May 29 2 May 23 to to J ’no 1 J ’ne 2 16 J ’ne 5 to .T’nolG 3 Holders of rec. .ru e 1 6 Holders of reo. J ’no 2 to J ’no 2 2 May 24 to J ’ne 16 16 J ’ne 1 14 Holders of rec. May 20 i W A L L f'T K K K T , K K 1U A V . M A Y 4 1 . 1 U O J .H *1. The Money Market aud F in au cial S itu a tio n .—A feelin g of apprehension as to the probable duration of th e coal strike w as reflected in th e secu rity m arkets on M onday, th e effect b ein g gen eral w eakness in the bond d ep artm ent and a de clin e of from 1 to 5 points in a large portion of th e stocks dealt in. This fee lin g d im inished as th e w eek ad vanced and other factors o f an en cou raging ch aracter h a v e exerted a favorable in fluence, the resu lt of w h ich is a gen eral re storation of prices and in som e cases a su b stan tial ad vance above recen t quotations. The labor situ ation in th e coal region s is s till an u n cer ta in factor, but buyers of coal stock s seem to regard it as n o t of a serious nature. Copious rains in th e S o u th w est are reported to have m aterially ch an ged the outlook for a w interw h ea t crop in th a t section , and stock s lik ely to be b en efited thereby have been stron g in consequence. Abroad th e financial situ ation has im proved of la te and hopes of an early cessation of h o stilities in S outh A frica h ave stim u lated a tone of b u oyan cy on th e London Stock E xchan ge. The foreign ex ch an ge m ark et has been stea d ily grow in g easier sin ce M onday, and d uring th e sam e period call-loan rates have d eclined at th is centre. The open m arket rates for call loans on the Stock E xch an ge d uring th e w eek on stock and bond collaterals h ave ranged from 2 to 5 ^ per cent. To-day’s rates on ca ll 3 to 3%. per ce n t. P rim e com m ercial paper quoted a t 4}£@5 per cen t. The Bank of E n glan d w eek ly sta te m e n t on Thursday sh ow ed a decrease in bullion of £316,480, and th e p ercen t age of reserve to lia b ilities w as 48’11, ag a in st 46’94 la st w eek; the d iscou nt rate rem ains u n ch an ged a t 3 per cen t. The Bank of France show s an in crease of 5,350,000 fran cs in gold and 4,075,000 fran cs in silver. The N ew York C ity C learing-H ouse banks in th eir sta te m en t of May 17 show ed a decrease in th e reserve held of $1 ,132,900 and a surplus over th e required reserve of $8,346,525, a g a in st $3,461,000 th e previous w eek. 1903 M a y 17 D iffe r e n c e s fr o m p r e v i o u s v ie e k $ 1901 M a y 18 1900 M a y 19 Dec 22,908,100 Ino 43,600 Dec 24,073,700 Deo 1,664,600 In c 631,700 $ 75,099,300 95,927,400 873.512.100 31,109,000 951,626,700 176.889.100 74,317,500 $ 72,222,700 87,979,300 788,226,400 21,617,000 868.620.300 164,929,100 68,781,200 242,387,000 Deo 1,132,900 234,040,475 Deo 6,018,425 261.206,600 237,006,675 233.710.300 217,155,075 Surplns reserve 8,346,625 Ino 4,885,525 13,299,925 N ote.—Returns of separate banks appear on page 1069. 10,555,225 Capital .................. Su rp lus................. Doans & discounts Circulation............ N et deposits......... Specie.................... Legal tenders....... $ 83,872,700 105.007.900 879.029.900 31.273.200 936.161.900 168,826,800 73.561.200 Reserve held........ S5 p. c. of deposits Foreign Exchange. —The m arket for foreign exch a n g e w a s firm on M onday, sin ce w h ich it has been d ull and w eak on a lim ited dem and for bills. To-day’s actu al rates of exch an ge w ere as follow s: B ankers’ six ty d ays’ sterlin g, 4 84%@4 84%; dem and, 4 86^ @ 4 87; cab les, 4 87%(®4 87}^; prim e com m ercial, six ty days, 4 84(3) 4 84%; docum entary com m ercial, six ty days, 4 83% @4 84%; grain for paym ent, 4 84%@4 84%; cotton for p aym en t, 4 83% @4 83%; cotton for accep tan ce, 4 84@4- 84%. Posted rates of lead in g bankers follow : M a y 23 S ix ty D a ys Prim© banker©’ sterling bills on liondon. Docum entary commercial.......................... Paris hankers’ (Francs).............................. Amsterdam (guilders) han k ers.................. F rankfort or Bremen (reichm’ks) bankers D em and 4 85% 4 84 4 83% -®4 8 4 % 84% 18% * ®5 18% 39% 3 9 J ni s 94% ® 9 4 , %« 6 -0 1071 4 8 8 617 V ®5 17% 40% ® 40%s 95% ® 96»is * Ltaa lie. The fo llow in g w ere th e rates of d om estic ex c h a n g e on N ew York a t th e u nd er-m en tioned c ities to-day: S a v a n n a h , b u y in g 75c. discou nt, se llin g 75c. prem ium ; C harleston, b u yin g par, sellin g % prem ium : N ew O rleans, bank, .$1 00 prem ium ; com m ercial, 7oc.@ $1 00 prem ium ; C hicago, 20c. p rem iu m ; St. Louis, par; San Francisco, 15c. per $100 prem ium . U nited S ta tes B on ds.—Sales of G overnm ent bonds a t the Board are lim ited to $30,000 4s, reg., 1907, a t 110% to 111, and $500 3s, reg,, a t 107%. The follow in g are th e d aily clo s ing quotations ; for yearly range nee third page following. 2s, 1080........... registered 2n, 1030.......... 2 m 1980 .sraa-Lreglstered . 2s. 1930 .small ...coupon Us. 1918......... registered 8m 1918.......... , 8h. 1918, sm all.registered _ 8s. 1918, small _ coupon 4h, 1907.......... registered ... coupon 4S, 1907.......... 4s, 1925............ registered 4s, 1925.......... 5s, 1904............ registered 58.1904............ •This la the prloe bl<l a t M ay 17 M ay 19 M ay 20 M ay 21 y —J an *109 % *100% *100 % *109 Q —Jan *109 % *100% *100 % *109 ...... ...... y —Feb * 108 *i08 y —Web *108 *108 Q Feb ...... ...... y —Feb *108 *108 y —J an 111 *111 y —Jan *111 *111 y - F e b *137% *137% y —Feb *137% ‘ 137% y - F e b *105% *105% Q -F e b *106% *105% the m o ru las board; no ...... ‘ 108 *108 ...... ...... *" 08 l *108 M ay 22 M ay 23 *108% *108% *108% * 108% ...... ...... *107% *107% *107% *107% ...... *108 *108 *107% * 107% •111 *111 *110% *110% ‘ 111 *111 *110% 110% *187% *137 *186% ‘ 136% ‘ 137% ‘ 137 *130% *130% *105% *105% *106% *105% ‘ 105% *105% * 105 % *105% s a le wan made. State and R ailroad Ronds.—Sales of S ta te bonds at th e Board are lim ited to $1,000 V irg in ia fund, d eb t 2-3s a t 95% and $10,000 V irg in ia 6s deferred tru st receip ts a t 9%. The m arket for railw ay bonds has been on ly m oderately a ctiv e, d aily tra n sa ctio n s a v era g in g about $2,350,000 par value, and a fter w eak n ess on M onday in sy m p a th y w ith the stock m arket it has been g en era lly firm. A n ad vance of from % to 2 points in sev era l cases in d ica tes a dem and for those special issues, b u t as they are g en era lly low -grade bonds no stric tly in v estm en t dem and is su ggested . Standard Rope & T w ine issues are alm ost the o n ly a ctiv e bonds th a t recorded a n e t decline. Railroad and M iscellaneous Stocks.—A s noted ab ove, the ten d e n c y has been to a less d iscou ragin g v ie w of th e coal situ a tio n , th e crop prospect and m oney m ark et co n d itio n s as the w eek ad vanced , and a su b sta n tia l recovery in stock quotations has ta k en place. There h ave been a fe w ex cep tion al fea tu res on th e railroad list, con sp icu ous am ong w h ich w as C leveland Lorain & W h eelin g . This sto ck ad va n ced from 57 to 84% on b ids th a t brought out o n ly a few shares. C anadian P a cific has b een one of th e m ost a ctiv e stock s, and w h en a t th e h ig h est, near w h ich it closes, it show ed a g a in of over 9 points. The su bsidiary lin e s—D u lu th South Shore & A tla n tic and M inneapolis St. P a u l & S a u lt . Ste. M arie—have also been strong. The a n th ra cite coal stock s recovered sharply from the low quotations re corded on M onday, D elaw are & H udson sh o w in g a gain of 6% points and L a ck a w a n n a se llin g 20 p oin ts above the bid price at th e close la st w eek. The grangers and S ou th w estern group have been stron g on favorab le crop reports. N ew York N ew H aven & H artford an d th e V and erbilt stock s advanced on rum ors o f m a tu rin g plans. The m iscellan eou s list co n ta in s, as usual, several erratic features. In tern a tio n a l P ow er sold a t 75, a d eclin e of 18 points from la st w ee k ’s qnotations; W estin g h o u se E. & M. covered a range of 10- points. A m a lgam ated Copper w as one of th e a ctiv e stock s and a d van ced over 5 p oints on a strong m arket for its product. A m erican Sugar R efining has been stron g and G eneral E lectric weak. For daily volume o f business see page 1080. The fo llo w in g sales have occurred th is w eek of shares n o t represented in our d eta iled lis t on th e p ages w h ich follow . May 17. A m .A g .C h e m . A m .T o b .,p r e f . C a n . P a o . Sub. $ 2 '’ p a id — C. L o r . A W h . D o p r e f . .. C ru c . S t ’l, p r f . D e t. C ity G a s . M ay 19. May 20. 26% 2616 1 2 2 ^ 122% 55 55 90 65 90 65 K in g k P . 11R. L u c ie . G a s, pf. O n t a r i o S ilv e r Q u ic k s i'v ’r . p t 30 U . S. R e d u e t,’n 40 10 40 M ay 21. 27 27 May 22. 28 151 May 93. 28 161 Tot’l 300 150 1 2 J 12 M 128 127 83 84% m3 81 99 96 129 4.300 83 1,600 96% 1.300 235 Sx.% 06 (0 1,000 65051* 66% 67 150 0716 6716 68% 68% 100% 100% 240 101% 101% 200 12 12 70 109 109% 8% 8% 100 100 39% 40 ir t 40 600 39 :-9 124 00 125 60 127 63 91 85% O utside M arket,—The m ark et on th e curb has been q uiet b u t som ew h at stron ger th a n la st w eek. It closes to-day stead y but dull. S everal stock s w h ich d eclined last w eek have recovered, n o ta b ly N orthern S ecu rities. This prop erty rose from 99% to 101% and ends th e w eek a t 101. E lectric V eh icle issues have also risen, th e com m on to 7% and the preferred to 15%. U. S. S teel 5s (w . i.) fell off to 92 on Monday on u n foun ded reports th a t som e h itch had oc curred at the m ee tin g held th a t day to au th orize th e bonds, but su bsequ en tly regain ed m uch of th e loss and closes to day at 95, com pared w ith 96% last F riday. B ay S ta te Gas ranged b etw een 2% and 1%, to -d a y ’s sales b ein g at 2%. General Carriage, on th e an n o u n cem en t of th e plan of e x ch an ge for sto ck of th e n ew M anhattan T ransit Com pany carrying an assessm en t of $2 per share, dropped from 4% to 2% on Saturday and sin ce th a t day has ranged b etw een 2% and 2%. H avana C om m ercial stock s have risen a g a in , the com m on to 19% from 15% and th e preferred to 57 from 50. A m erican Tobacco sold at 285 th is aftern oon and G u ggen heim E xp loration s su bscriptions, 70# paid, w ere quoted a t 130@132. A m erican E levated , fo llo w in g th e sudden fall last F riday, got dow n to 1 on W ed n esd ay and sold at 1% to day. fihe “ Meybr ’ sto ck s, w ith th e ex cep tio n of a sale of Storage Pow er a t 4, have not been d ea lt in . It is exp ected th a t the co m m ittee w h ich is in v e stig a tin g the condition of th ese concerns w ill publish a report on Monday. A m on g the copper stock s British C olum bia d eclin ed from 9 to 7, g e ttin g up a g a in to 8. N early all the o th e r copper issues, h ow ever, ad vanced , U n ited Copper from 35% to 36%, Greene C onsolidated from 25% to 26% and T enn essee from 11 to 12%. T he others in a lesser degree. Q uotations w ill be found on page 1080. New York Stock Exchange Stock Record, Daily, Weekly and Yearly 0 1 ( 1 r \ IN l i S T O C E S —H I (A1 1 E S T A N L > L O W E S T S A L E T K I L 'E S M a y 1?~ M onday M ay lii I M ay 20 7, M a y Hi M ay 22 1 Ma y 23 TW O V AU STO C K S N E W YORK STOCK EXCHANGE L a n g e lo r Y ea r 1 0 0 2 T a n g e for T rev io u a S a t e s o/ o n b a s i s of 1 0 0 - s h a r e lo ts Y e a r ( TOO1 j th e S h a tes U u ilr o iu U . 48 *46 48 44% 45% 4o% 4o% 44 44 *40 43 800 A nn A rbor......................... 7o % 76 76 */6 77 /t) lo 70 76 70% 72 1,500 7 V l)u pl*et......... • 8 % 7 9 % 79% 8 0 % 79% 80% A tc h .'Topeka A Santa Fe 102,500 77% 7«%I / 8 % * 1 9 6 % I) 7 9t>% 0 7 97% 98% D( ir< 98 98% | 98 98% Do pref......................... | I7,24u l o t %lo o % 104% 105 [ 105 %le d 100 %100% 106% 107 106 %100% | Baltimore A O h io ........... 16,050 05'% uo% *9 5 95% 95% 9 0 S "'a.* v7 » *95 96% D l)o pref......................... *05 95% 200 li 1 % 05 64 % 65 le 65 % 60 6o% 66% 6b 66% 66 67% Brooklyn R apid T r a n sit.. 32,575 • I 13 %11 6 v l i t 114% 1*114 122 *114 ......... 115 115 116 116 Buffalo ltoch. A P ittsb ’g. 400 •1 3 o ......... |*139 ......... |*139 ......... • I i o ......... '1 3 9 ......... "140 ......... Do p ref......................... | l ’ ii’i 127 % 126% 127 s | 12*% 133 ^ 132% 135% 132% 135 133 134% / fauadian P a cific............. 259,875 ■94% 96% 04% 05 05 96% 90 96% 96% 97 95 96 V^unada .Southern ........... 4,120 •1 8 1 100 *180 190 "182 190 * 182 192 Central of N e w J m s e y ... ..................... h lb O lo o 45% i b H 45% 46 j 46 46 S 46% 47 46% 46% 46% 46% Chesapeake < O hio........... 9,590 fc 36 36% 36% 37% 36% 37% 3 7 % 39 38% 39% 38 38% Chicago A A lto n ................ 38,250 * 75 77 <6 76 * i 5 A 76 Si ,2 77 77% 77 77 76 76% 3,200 Do p ref..... ................... • 1 0 i 164 150 161 161 162 163 165 2,800 164% 105% 165 165% Chicago A E ast’ll Illinois •1 3 8 l i t •••••• • •* ------ *138 141 *138 114 * 138 115 *138 145 Do p ref......................... 28 28% 2 i % 28% 27 34 28% 28% 29% 29 29 % 28% 29% Chicago Great W estern .. 33,150 •0 3 94 *03 94 93% 93% *93 93% 93% 93% 93% 93% 850 Do 4 p. o. deb en tu res 88 88 •8 8 89 * 37 % 89 *88% 89 88% 88% 89 89 400 Do 5 p. c. pref. “ A ” .. •4 7 48 46 47 46% 47% 48 49% 49 49 *47% 49 2,70u Do 4 p. o. pref. “B ” .. 7o 75 75 78 75 76 7 5 % 76% 75% 75% 73% 75 Chic, lndianap. & Louisv. 12,120 86% 86% ■86 88 86 86% 86% 88 §85 85 *86 88 Do pref......................... 3,443 100% 11*7% I6a% 16 7% 166% 168 % 167% 169 168% 171% 169% 171 %Chicago jUilw. A St. Paul. 151,585 189 13u 138% 180 188 188% *188 1 8 s % 188 Si 189 190 190 1,274 Do p ref......................... •2 4 5 248 242 %246 244 248% 248 g |Q 251 252 245 250 Chicago A N orth W estern 7,400 47 7H i 7 1 171% 170 171 170 171% •1 5 5 160 *155 160 *155 160 •2 0 0 208 *200 208 *200 210 20% 21% 20% 20% * 20% 21% 38% 37 37 % 38 37 Si 38% 10 10 18% 18% 1 8 34 19*4 ...... ..... . . . . . . ......... ...... .... •1 0 3 105 103% 103% 103% 103% i...... ...... •1 1 0 122 •••••• 29 29% 29% 30% 2 0 34 3 0 1 4 *71% 72 71 71 71H» 71 40% 41% 41% 42% 4 2 Sa 4 2 Si 171 172 % 171 172% 173 175 •2 6 0 274 •••••• •••••« . . . . . . . . . . . . 41% 41% 42 42 41 41% 89 90 89 S9>-j 88% 88% •4 6 50 *45 50 *45 49 19% 20% 20 20% 20 20 S 40 40 40% 40% 40% 41% 15% 15% 14% 15 16 17 % • 28 28 97 27 *2 28% 31% 35% 36 36% 36% 3o% 3 6 1 4 6o% 66% 67 67% 66% 66% 51% 52% 51 ol% 51 51% 65 % 56 s 55% 57 *56% 58 1 86% 86% 80% 86% ‘ 83 87 50 *46 50 46 47 % i*r45 • 1 8 2 185 lt>3 183*2 85 85 171 172% *155 160 *200 210 21 21% 38% 39 19% 19% 51 51 105 105% ...... . 30% 31% 72 72 42% 43% 174% 176 ...... ...... 42 42 90 90% *46 48% 20% 20% 40 40 17% 18% 32 33 3%% 37% 67% 67% 51% 52 55% 55% 83 84 L oivest H ig h est L ow est 33 F eb 2(J 48% Mayl 6 63 Jan 9 77 % a y ]5 A1 74% Jan 27 84% Apr 18 95% Jan 27 103% Jan i; 101 Jan 11 110 Apr 18 93% F eb 21 97 Jan 2 00% Feb 11 72% A p r28 110 A pr 4 118% Jan 3 139 Apr 2 L it Feb 19 112 %J an 28 135% AIay21 85% Jan i 97 May 2 2 187 May 12 198 J an 6 45 F e b 20 49 A pr 2 5 33% Jan 22 39% Apr 19 75 Mar 1 77% A pr 19 134% Jan 21 174 A p r i l 137% Jan 11 144 A pr 12 22% Jan 25 32% Alay 7 90% May 5 93% May 2 3 83% Jan 22 90 A pr 17 43% Ja n 24 50% Alay 7 49% Jan 14 80 Alay 7 75 Jan 16 90 Alay 15 160% Ja n 27 175 Alay 1 18 6 Ja n l i 190% A pr 4 204% Jan l i 271 A p r 29 172 174 173% 174 *155 160 *155 160 *200 210 *200 210 21% 21% 21% 2 2 ^ 39 39 38 38% 18% 19% 19 19 H ig h est 20 Feb 50 Sep 42% Jan 70 Ala\ 81 % Jan 83% Feb 55% Oct 77 Alai 116 Alai 87 AIa> 54 %J an 145% Jan 29 Ala) 27 Ma> 7 2% Jan 91 Jan 120% Jan 16 Jan 90 J ’ly 75 Ala> 41 D ec 23 Jan 58% Jan 134 Ala> 175 Ala) L68 %Jan 207 Alai 116 %J an 125 Alai 180 Alai 10% Jan 28% Dec 12 ' Jan 5 8 AIay 73 Ma) L15 % J ail 6% Jan 40 J an 16% Jan 105 Alay 188% Jan 29% Jail 80 J an 18 Jan 1 4 %D ec 36 Dec 4% Fob 13% Jan 24% May 59% Jaii 39% Jan 41 Jan 81 Jan 1 7 Tmi 1 6 7 ^ AI ay 34 N ov mi D eo 91 J ’ne 108 Ai ay 114% May 97 J ’lie 88% A pr 122 N ov 146 N ov 117% May 89 N ov 196% Deo 52% May 50% Apr 82% Apr J 10 N ov 130 A pr 27 N ov 94% Mar 90% J ’ne 56 Mar 52% Deo 77% Sep 188 Alay 200 May 215 Alay 248 Anr 175% J ’ne 146% N ov 201 Apr 31 A pr 57% A Dr 20% Alay 60 Alay 101 N ov 124 N o v 18 A pr 60 D eo 28% Apr 185 %Apr 258 Deo 53% May 103% J ’ne 45 J ’ne 17 Deo 40% D eo 12% J ’ne 22% Sep 45% J ’ne 75 Deo 62% D eo 68 A pr 95 A pr Chic. R ock Islhi A Pacific 7,422 152 Jan i 6 181% Mar22 Chic. St. P. M inn, A Orn. 140 Feb 6 170 %A pr 30 Do pref......................... 195 Mar 6 210 A pr 15 4,300 15% F o b 21 23% A pr 21 Chicago T erm ’l T ransfer. 4,800 30% F e b 20 42 Aj)r21 Do pref......................... Chicago U nion T raction . 10,100 10% Jan 8 23 Apr 29 700 14% Alar 15 60 A pr 28 Do p r e f... *105 100 *105 106 Oleve. Cm. Ohio. A St. L. 500 95% Jan 14 107% A pr 24 Do pref...................... 118 Jan 21 123% Feb 6 3l% 31% 31% 31 % Colorado A So., vot. trust 16,800 14% Jan 15 33 Apr 19 70% 71% *70% 71 1,270 59% Jan 15 75% Apr 21 Do 1st pf. vot. tr. cfs. 42% 43 3,200 28 Ja n 14 47 A pr 21 43 43% Do 2d pf. vot. tr. ctfs. 175 177 S 175% 177 > lY e la w a r e A H u d son ___ 14,600 170 M arl 1 184% Jan 7 282 285 *270 281 600 253 Jan 15 297 F eb 4 l^ e la w . Lack. A W est’n. *41% 42 1,400 41 A pr 7 47 A pr 17 "41% 42% D enver A Rio G rande___ 90 91% 90 90% Do p ref......................... 2,470 88% jVluylO 94% Feb 13 *46 49 48% 49 D es M oines A F t. D odge. 650 39 F eb 1 50 A p r 15 21 22% 21% 22 D etroit South, vot. tr. ctfs 18.735 13 F eb 3 22% Alay 2 41% 42% *41% 42% 2,300 33 F e b 24 44% May 7 Do pref. vot. tr. ctfs. 17% 18% 17% 17% D uluth So. Shore A A t l.. 14,985 10 Jan 15 18% A pr 9 31% 32% 31% 32 Do p ref......................... 9,508 18% Jan 14 35% A pr 9 36% 37% 36% 37% I^ r ie ....................................... 40,050 35% May 19 4 4% Jan 2 67% 68 4,500 65% May 19 75% Jan 2 67% 67% Hi Do 1 st p ref.................. 51% 52 3,010 51 May 17 63% Jail 2 § 51 % 51 % Do 2d p ref.................. 55 55 2.500 50 Mar2(> 74% Mar 7 54% 54% E vansv. A T erre H a u te.. *83 86 Do p ref......................... 700 83 May 21 104% F eb 27 *83 86 * a ft aft V t Wnrfh.fe r u .T » P utrm. T i (win 30 T n 9 *1 47 47 184 185% *184 186 *184 186 G reat N orthern, pref 800 181% Alar 5 191 ,Jan 6 208 Alar ftU3, W 7^ O ft73, TPAh ft7 on i 26 70 .Tan 11 on ai <vO •> 1 ] io Apr 20% 20% 2 3 5a 2 4 7a 21 23% 708 79 80 79 80 81% 81% 81 82 81% 81% 3,050 66 Jan 16 85% A pr 29 40% Alay 75 %D e« 81% 82% TT ock in g V a lle y ............... 89 89 90 90% *90 91 90% 90% 90% 90% 11-D o p ref.......................... 975 81% Jan 14 92% A pr 3 69% Jan 88% D eo 89 78 89 7s 160% 151 % 150% 151 151% 152% 152% 152% 152% 154 153 153% I llin ois C entral................ 17,516 137 Ja n 14 155% Alay 1 124 Ala) 154% J ’ne 43 % 44 44% 45 •4 4 46 45 % 45% 45% 45% 2,300 37% Ja n 15 51 %MarlO 21 Jan 43% J ’ne 45% 45% I o w a C entral...................... 82 82% •8 2 84 82 83*2 83% 84% 2,200 71 Jan 14 90% A pr 28 48 Jan 87% J ’ly Do pref.......................... 84% 84% 83% 83% 40% 40% "40 ......... 40% 40% 40 Si 40% *40% 42% *40% 42 ] 7 a n a w h a cfe M ich ig a n .. 500 33% Jan 25 42% A pr 4 21 Jan 41 J ’ne 8 2 34 8 2 34 82% 82% *82% 83 82% 82% 1,500 80% Jan 2 85% F e b 24 77% D ec 81% Deo 82 82% 82% 82% lV C .F t,S .A M .,tr. cts. pfd 30 32 32*2 33*4 33% 35 31% 32% 34% 35% 34% 34% K ansas C ity So. vot. t r . .. 34,350 19 Jan 15 35 %Alay22 13% Jan 25 A pr 59% 60 58% 60 69 60 60% 61 60% 61% 61% 62 Do p ief. vot. tr. ctfs. 15,200 44 Jan 14 62% A pr 21 35 Jail 49 A pr *31 35 *31 35 •3 2 35 34 200 13 Jan 15 40% A pr 29 5% Jan 18% Oct 33% 33% *33 *32% 33% K eokuk & D es M o in e s... *65 75 *65 75 •7 0 75 *65 70 Do p r e f.......................... *65 70 45 Jan 2 84 A p r 22 24 Jan 45% Sep *65 70 64 65 "64 67 65% 65% 66 66% *65 1,400 64 Jail 15 71% Jan 3 39% Jan 76% N ov 67 65% 65% T ake E rie & W e ste r n ... *125 132 *125 132 *127 132 *125 132 -Li Do p ref.......................... *125 132 *125 132 125 Jan 15 138 F eb 6 108% Jan 135% Sep 3b5 Apr 7 340 A pr 25 §230 Apr §355 N ov L. Sliorft Mich. S ou th ’!) 86% 87 36 87 88 88% *86 90 1,220 78% J an 15 91% May 2 67 Jan 90 D eo 89 89 *86 89 Long Isla n d .......................... 136% 138 137*21-11*4 1 3 9 7s 140*2 139 139% 139% 140% L o u isville & N a s h v ille ... 15,830 102% Jan 27 116 Alay 7 70 Alay 111% J ’ne 1 3 8 139 i s o ' . j m s f i 131 132 181 132 131% 132% 132 132% 131% 133% jVT anhattan E leva ted . . . 27,450 128 Mar 12 140% Jan 29 83 Alay 145 D eo 110*4 110% 109% 110 *108 114% *109 113 2,277 109% May 19 118% A pr 2 9 112 V 113 > H IM 113% iLLetrop. Secur., sub. reo 146% 147*8 147% 148 147% 148% 148% 149% 149 149 % M etropolitan S tr e e t......... 3^320 146 M ayl2 174 wFeb 5 150 Alay 177 J ’ne 1 4 6 34 147 *39 41 "39 40 *39 41 *39 40 39 39 110 38 F eb 7 43 Ja n 6 27 Jan 41 N ov §38 38 Alet. W est Side E l. (Chic.) 90% *89 90% ‘ 88 Do p ref......................... -8 9 90*2 *89 23 89 Alar 3 91% Alar22 79% Jan 93 Sep 90*2 *89 90% §89% 89% 27% 2/% 7,825 25% Jan 15 31 %Alar31 12% Jan 30 May 27% 27% 27 78 27% 2 <38 2 7 34 27% 28 27% 27% M exican C entral................ ATichigan C entral. * ..........175 §150 Mar 7 192 A pr 29 107% Alar 180 N o v ll0 % 1 1 0 % I i o n o 2,700 105 J an 27 115 A p r 19 67% Jan 111% J ’ly i i i i i i * 2 111%111% '110% 112 % 112 112% M inneapolis & St. L ou is. Do p ref...................... 118% J an 22 127% A p r 28 101% Jan 124% Oct v124 12S 126 126 54% 55 55 58 800 36% J an 2 64 A pr 5 15 Alay 36% N ov 58 59% 58% 59% 59 59 Minn. S.~P. c%S. S. M ane. 5538 553s 1 1 8 34 120 119 122% 1 2 2 34 123*2 123 124% 124 124% Do p ref......................... 100 90 Jan 14 125% A pr 28 49 A pr 94% N ov •1 1 9 121 24% 24% *25 24% 25 28 8,300 24 Mar 5 27% Apr 18 15 Jan 35% A pr 25% 25% 25% 25% 25% 25% Mo. K ansas & T e x a s ........ Do p ref......................... 55 56 54% 5 5 S 3,685 51 Jan 13 58% Apr 29 37 Alay 68% A pr 54*4 5 4 3i 55% 56 55% 56% 56 56% 99 98*s 99 98% 99% 3,650 96% Alar 11 107 Jan 2 09 Jail 124% J ’ne 9 . * 98*% 98 -3 99% 100 99% 100 M issouri P a cific ................ 4,750 80 Jan 24 122 A pr 2 2 §70 J ’ne §82% N o v *105 110 104% 104% 1 0 4 105 107 107 107 107 *102 107 IVT ash. Cliatt. & St. L ouis 17% 18 17% IS 18 18% 18% 13% 18% 18% 18% 18% 1^1 at. of M ex., vot. tr. ctfs 34,500 o 14% Jan 15 20% Alar 10 c 3% Jan 15 %Oct 39% 40 40% 40% 40 40% 40% 40% Do pref., v ot. tr. ctl’s 1,400 39% AIayl9 4 5 % ALar 18 40% 40% 40% 41 154% 155% 153% 155% 154% 155% 155% 156% 156% 157% 156 157% N. Y. Central & H u d son .. 28,443 153% A!ayl9 168% Jan 2 139% Jan 174% N o v 52 03% 52% 53 5,100 46% Jan 15 54% A pr 17 10 Alay 57 % Sep 52 52% 53 54% 53 54 53% 53% N. Y. Chic. & St. L o u is ... Do 1 st p ref.................. 320 117% A!ay21 124% J an 27 97 Mar 120 Sep »115 120 *115 120 *115 120 117% 118 *115 119 *115 119 Do 2d pref.................. 4 ,200 84 F eb 4 92% May 21 47 M ai 95 Sep •8 6 90 89% 90 89 78 8 9 7s 90% 92% 91% 92 90% 91% 230 230 231 231 1,650 209% Jan 30 255 A pr 2 8 §206% Feb 217 J ’ne 2 3 0 230 232% 238 236 236 234% 234% N. Y . N . H a v en & H artf. 32 32% 32 32*i 32 33 32% 33% 32% 32% N. Y. Ontario & W estern. 10,400 32 Alar 11 36% Jan 2 24 May 40% Alay 32% 33 55% 56 56 56% 55% 56% 56% 57 56% 57% 56% 57 Norfolk & W estern ........... 11,400 55 Ja n 14 59% A pr 25 42 Jan 61% N ov *89 91 *88 90 Do adjustm ent, pref. 20 90 F eb 21 93 Jan 14 82 Feb 92% N o v *89 91 §91 91 *89 91 *89 91 *66 70 100 68 A pr 30 75% Mar S 52 F eb 78 D eo * 66 70 99*2 69*2 "67 70 *67 70 *65 70 p a c if ic Coast Co............... *100 105 *100 105 *102 106 •1 0 0 104 *100 104 *101 104 L Do 1st p ref........... 100% Jan 6 106 Alar 2 5 89 Feb 103% D eo Do 2d p ref.................. *76 80 *76 80 79 Ja n 20 S2% Alar S 03 Jan 83 NoV *76 80 *76 80 *76 SO *75 ' 80 147% 148% 14734 143*2 148 1493s 149 149% 149% 149% 149% 149% P en n sylvan ia....................... 64,242 147 Jan 14 154% Alay 2 137 May 161% A pr *36 41 ?eoria < E a stern _______ fc -3 5 42 39 Jan 8 47% A pr 9 14% Jan 50 Sep *36 41 *36 43 *38 43 *36 43 *72 75 *72 75 *71 75 100 71 F e b 15 S3 Jan 14 33% Jan 94 N ov *71 75 *71 75 *71 73 Pere M arquette.................. *.......... 90 * 80 80 Do p ref......................... *.......... 90 100 SO Alayl7 §85 Mar 2 5 72 Jan 86 J ’ne 90 fc 93 94 4,125 80% Jan 7 98% May 9 57 Jan 81 D eo 92 92% 92 93 93% 95% 94 95 95 95% P itts b. Cm. Chic. < St. L. Do p ref......................... L13 Mar 2 5 128 M avl4 88 J an 113 D eo *116 127 *120 127 *116 127 *116 127 •95% 9 6 ^ *95% 98% *95% 96% p R. Securities, “A ” ctfs 700 95% Al ay 21 96% AIavl5 95% 96 96 96% 5 9 34 61*8 61% 62% 60% 61% 62% 63% 61% 62% rV eading, v o t’g tr. c tfs .. 243,450 52% MarlO 68% A pr 2 S 24% Jan 58 D eo 62% 63% 1st pref. vot. tr. c tfs ... 82 S 2 5g 82% 82% 5,730 79% MarlO 87 A pr 22 65 May 82% Deo 82% 82% 82% 84 83 83% 83 83% 66% 67% 2d pref. v o t’g tr. ctfs. 47,600 60 Jan 14 74% A pr 2 2 38 Jan 64 %Deo 66% 67% 67 6S*2 68 69 % 68 69% 68 68% •80% 80% 81 83 82 82 82 82 675 75 May 16 125 A pr 23 97 N ov 112% N ov *83 85 82 *2 82 h Rutland, p r e f ...................... *19 21 rt t. Joseph & Gr’d Island. 7% Jan 15% j ’n e 21 200 12 Jan 14 24 MarlO 20% 20% *20 19 19 / 67 67 Do 1 st p ref............. . 311 62 F eb 6 74% F eb 25 55 Oct ;8% J ’ne 63 68 *29 31 Do 2d p ref.................. 30 30 *30 31 500 27 Jan 7 35% M arl 2 17 D ec 36 J ’ne 29 29 *29 31 BANKS AND TRUST COMPANIES—BROKERS’ QUOTATIONS Banks Banks C itiz e n s’........ A s k C ity .................. B id A m erica!] . . . 5 2 5 540 C olon ial 1 . . . J A m er E x c h .. t 2 7 5 . . . . . . C olu m b ia n . . A s t o r 1 .............. 7 0 0 C o m m e r c e ... B o w e r y !)---- 300 Corn E x c h lj. E a s t R iv e r .. B r o a d w a y ... t327% B u tc h ’s A Dr 155 E m p ’e S ta te l C e n tr a l......... 185 F id eiity V i___ 195 F ifth A v e il.. C en tu ry fl.... 150 170 C h a s e ........... . . . . . . F if t h ................ Chatham . . . . 1340 F ir st ( n e w ) .. C h e m ic a l___ 4 3 0 0 . . . . . . 1 4 tliS tr e e t1 l. N E W YORK CITY B id A sk 205 21 5 t c i o 625 __ 385 351) t349% •••••• Banks F o u r th G a lla t in ........ G ansevoortH G a r fie ld ........ G erm an Amt! 1461% G erm an Exti 155 G erm aniat] .. 195 210 G r e e n w ic h 1 J 210 H am ilton!) .. 4000 1la n o v e r ........ 375 42 5 H id e L ’ath 825 Im p A; T ra d . 200 3 0 0 * ’ I r v in g .......... B id 235 4 25 14 0 5 00 1165 350 600 300 170 650 340 640 220 A sk Banks J e ffe r s o n l]... L ea th er M fr. L ib e rty ........ L in c o ln .......... .......... M a n h a tta n !]. M arket A Ful M e c h a n ic s’ . M ech A Tra* Ale r can tile .. M eroli E x e li. M e rc h a n ts’.. ALetropolis li 2*30"" M t M o r risli.. 24 5 440 B id 175 2 55 6 50 1000 325 250 290 16 0 290 150 185 900 215 A sk B anks M u tu a l!)........ 2 70 N a ssa u !! ___ m mm N e w A raster m mr n -••••• N c w Y o rk Oo 340 X Y N a t E x. 270 N e w Y o r k ... 300 19 th Ward* . 170 N or til A m e r . 30 5 ! i >riental1l___ 165 1 I’a c it ie t i........ T u rk ............... 195 1V ople\s1|---t 'h m n x .......... B id 2 90 190 650 1500 240 t 354 15 0 250 1223% 205 i 645 250 1 10 A sk Banks P la z a !!............ P ro d E x c h !]. 725 • R iv e r s id e !].. ;Seab o a rd ___ ..........| s e c o n d .......... S e v e n th ,n e w s h o e A l.o th . 2 7 5 , s t a t e 1 ______ 12th W ard1 . . W. uP. . «- »-i - I 6 53 ; C m en S o t;.. U nited N a n ia o 1 Y a n o k !)........ B id AS* 650 160 300 56 0 65 0 1136% 120 ISO 6 60 1 10 no 330 125 260 i»r * B id and asked prices; no sa les w ere made on this day. § L ess than 100 shares, t Ex rig I lls . • State hanks, a Kx d ividend a ml rights. 5 \ o\n stock. s Trust Co. certilica tes. c Includes, prior to .May 17, d ea lin gs in eld Alex. N at. t r u s t re c e ip ts 1 S ale at S tock E x ch a n g e or at auction th is week, Stock Record —Concluded— Page 2 May 24, 1902, ( S T O C K S - - H I G H E S T A N D L O W E S T SA L E l ‘U l( 7JSS S a tu rd a y i M a y 17 J\Ion da 11 M a y 19 T u e sd a y M a y 3() Wednesday M a y '31 Thursday M a y 33 F riday M ay 33 STOCKS N E W Y O RK STUCK E X C 1i A N O K *30 *80 ......... : L Law. tfe A d iro n d a c k ... 08% 68 (58 : 1. Louis A San F r a n ....... 08 *83 84 1 >o 1 Ht p r o ! ................ 7 1 % 71 % J >0 2 d p r o f ........... ... 7 i % 71% 27 1., *26% 28 ML Louis S o u th w e s te rn .. 27% 59 % 59% 59% 59 Do p r e f ......................... 64% 04% 0 1 % 05 11 Sou th o rn Pacific Co......... 30% 37% 30% 37% Mon th o rn v o tin g tr . C1 fm.. 94 % 94% Do prof. vot. tr. c LI'h. 94% 95 90 90% *90 ......... AI A O. sto ck tr. otffl . .. - 0 % - 0 % 40% 41 % •I P , 41% r IVxnH A P a c ific .............. 1 * 40 40% 39% 40% 1 39 % 40 1 b ird A v e n u e (N. Y .)... *131 1 3 ‘ 2 130 131 *130 131 *130 132 *130 131 *130 131 21 21 2 1 Tol. St. L. A W. v. tr. CtJ'H. 20% 20% 21% 2 1% 21 21 21 2 0 % 23 38 3 0 % 37% 37% 37% Do prof. vot. tr. c tfs. 37% 37% 38 88% 38 37 8734 119% 120% 1 2 0 1 2 0 % T w in C ity R apid T ra n s it. 118% 118% 1 18 118 % *118 119 *118 1 2 0 M 50% 1 HO *156% 10)0 T)o p r o f . _____ . . . . . . ★ 160 * 15 0 % 160 1 3 6 11 L60 ’ 3 02 7e 103 % 1 0 2 % 103% 103% 104% 104 104% 104% 105% 104 % 105% 1 f 11 ion P acific.................... 87% 87% 87% 87 87% 87% 87% 87 87 87 % 8 6 % 87 2 0 % 27 27 27 % \ \ T a b a s h ............................. 20 26% 25% 26% 26% 27% 26 20% 44% 43% -14% 42% 43% Do p r e f ....................... 43% 4 3 30 4 3 78 41% 43% 43% 43% 22 *22 2 2 % W h eelin g So L ake E r i e ... 2 1 % 2 1 % *2 1 % 22 % 21 21 21 22% 22% 62% 62% 02 02% *57% 61 % *00 03 02 62 Do 1 st p r e f .................. 60% 60% 35 % §33% 33% 85% *34 33% 34 33% 33% *34 D o 2 d p r e f .................. 34% 34% 20% 20% 27% 27% W isconsin C ent. v. tr . cfs. 25% 26% 2 0 % 27% 27% 27% 25 Si 26% 47% 47% 48% Do pref. vot. tr . c tfs. 46% 47% 48 48% 49% §48% 48% 47 47% M is c e lla n e o u s . 200 215 205 §225 §205 205 *205 215 *205 215 A A dam s E x p re s s .............. *195 220 67% 6 8 % 08% 70% 69% 71% 70% 71% f-a m alg am ated C o p p e r... 67 % 67% 6 6 % 68 6% 7 7 7 7 7 6% 0 % A m eric an B ic y c le ............. 6% 6% 0% 6% *21% 23% *2 1 % 23% * 2 0 % 23% *22 23 % 22 22 Do p r e f ......................... 2 1 % 22% 30 30% A m erican Car 29% 29% 29% 30% 29% 30% F o u n d ry 29 30 29% 29% 90 90 89% 89 % 89% 89% 8 8 % 8 8 % *8 8 % 89 Do p r e f ......................... 8 8 % 881.1 52% 52% 53 53 A m erican C otton O il....... 53% 51% 51% 53% 53% 53 61 62 *96 99 *90 97 Do ])ref ....................... 40 *37 40 A m eric an D ist.T e le g ra p h *38 38 37% 37% *37 40 38 - *37 39 225 225 §225 230 *225 230 *225 230 A m erican E x p re s s ............. 220 220 *220 230 57% 57 57% A m erican G rass T w i n e .. 55% 56% 57 55% 55% 64 55% 50% 57 18 18% 18% 18% 17% 18 18 18% 18% A m erican I c e ...................... 18 ] 7 5a 18*8 61% 61% 61 61 61 Do p r e f ......... : .............. 61 61% 61% 61% *60 ......... *60 23% 23% §23% 23% 24% 26% A m erican L in se e d ............. 24% 23% 23% 24 *24% 25% *50% 54 51 51 52 50% 50% *50% 55% 52 Do p r e f ......................... *50 57 30% 30% 31 31% A m eric an L o c o m o tiv e ... 29% 31 30% 31% 30% 31% 31% 31% 92% 92% 91% 92% 92% 92% 91% 92% 92 92% Do p r e f ......................... 92% 92% 5% 5% A m erican M a ltin g ............. *5 6 5% 5% 5% 5% *5 % 6 % *22 24 23% *22 24 * 2 2 “ 24 *22 24 23% Do p r e f ......................... 45% 46 47% 48% A m er. S m elt’g & R e fin ’g. 46% 47% 46% 48% * 4 5 6a 45 34 45% 45% 96 96 96% 97% 95% 95% 96% 97 96 96% Do p r e f ......................... 96 96% 103 103 103 103 103 103 *103 110 A m erican Snuff:.................. 103 103 *97% 98% 98 97% *96% 97% §98 98 98 Do p re f......................... 97% 97% *96 1 26 127% 125% 126% 127% 128% 127% 128% 127% 130% 128% 129% A m erican S u g a r R efin in g 119 119 *118 119% 118% 118 % 118% 118% §118 1 ]9 Do p r e f ......................... *11812 1 2 0 *90 95 *90 95 A m erican T el’gli & Cable 95 *90 *90 95 *90 95 *90 95 *177 180 *177 180 A m er. T elep h . T e le g . 178 178 14 14 14 14 A m erican W o o l e n ........... *13% 14% *13% 14% 14 14 70 76 76 76 *74 75% Do p ref *73 ” 75 112% 113% 112% 115 115% 117 117 118% d A n aco n d a C o p p er........... *112 113% 1 1 2 1 1 2 234 235 231 231 O ro o k ly n U n io n G a s___ 237 237 *230 240 *232 240 *230 240 §12 12 *12% 13 -O ru n sw . D ock & C .Im p ’t 12 12 1 2 % 13% * 1 2 % 13 *1 1 % 12 95% 98 95% 97 98% 100% /Plolorado F u e l & I r o n . .. 98 99% 98% 99% 97 99% •1 3 2 136 *132 136 *132 136 *132 136 *132 136 *132 136 vg Do p r e f ............... 18% 18% 18% 18% Col. & H ock. Coal & Iro n . 17% 17% 18% 18% 17% 18% *17% 18% 221 221% 221% 222 522% 222% 221 % 223% C onsolidated G as (N . Y .). 220% 221% 219% 221 120 120% §121% 121% *120 121 §121% 121% C o n tin e n ta l Tobacco, p ref 119 119% 119 119 32% 32% 32% 3 3 1 4 33 33 33% 33% C orn P r o d u c ts _________ 33% 33% 32% 32% 87 87 87% 87% D o p r e f ......... ............... 87 87 *86% 88 ~ *86% 88 136 136 •1 3 4 136 *134 136 136 136 *135 137 *135 137% D iam ond M a t c h ................ 8% 8% 8% 8% D istillin g Co of A m eric a. 8 8% 8% 8% 8% 8% 38 38% 39% 39% 37% 38 39% 40% Do p r e f ......................... 38 38^ 38% 40% 314% 317 314 316% 315 316% *311 319 315 316 G en eral E le c tr ic ................ 815 317 41 44% 41 41% 44 48% G eorge A. F u lle r Co......... 43 45% 43 44% 40 41 % 92 93 93 95 97% 93 93 *99 101 Do p r e f ................ 92% 92% *91 20% 21 *20% 21% *20% 21% 21 21% *20% 21 in te r n a tio n a l P a p e r ....... 21% *21 75 74% 74% 74% 74% i Do p r e f ......................... 74% 74% 74% 75 *74 74% *74 87% 75 80 75 I n te rn a tio n a l P o w er "75 80 14% 14 14% 13 14 14 14 14 m - s 1 4 % I n te r n a tio n a l S ilv e r......... 13 16 65 60% 64% 60 62% "60 % 64% 65 65 61 Do p r e f .................. . 69% 65 53% *53 55 *53 55 I n te r n a t’l S team P u m p .. 54 53 *53 56 54 ( *53% 55 *87 93 *87 93 *87 93 90% "87 93 90% Do p r e f ......................... *87 '93 *14 17 17 *14 17 16% 16% M a n h a tta n B e a c h ............. *14 17 "14 *14 17 47% 47% V T ational B is c u it............. 47 47% 47 47 47% 48 *2 4 8 34 47% 48 47% 107 107 3105% 105% 105% 106 *105% 107% H Do p r e f ......................... 107 107 •1 0 7 109 21% 23% N a tio n a l L ea d ...................... 20 19% 19% *19% 20% 20 20% 21% 1 9 58 20 89% *88% 89% "88% 89% #89% 91 89% 90 Do p r e f ......................... i *88 89% *88 170 170 N ew Y o rk A ir B ra k e ........ 165 165 *164 170 170 170 167 167 165 167 17 N e w Y o rk D ock .. .. 25 *16 25 25 : *14 25 1 *18 *16 ★ 16 ......... * 18 §50 50 53 53 54 53 *50 "50 *50 ,* 5 0 54 53 Do p r e f ......................... 124% 124% N o rth A m erican Co., new 123 123 120 122% 119 121% 121 121% 121% 123 *38 41 40 41 42% O a c ific M ail . . . . 40 40 37% 37% *38 101% 101% 100% 101% 101% 101% 102 102% 102% 102% 102 102% IT eop. G as-L.& C. (Chic.) 42% 43% 44% 45% P re sse d S tee l C a r............... 43 43% 43% 44 44 % 44% 43% 44% 84 83 84% 84 'g 84% 84% *84 ......... 84% 84% Do p r e f ....................... 83% *83 •2 3 0 236 *231 238 *232 238 *231 238 "235 239 *235 234 Pullm an* C o m p an y ... 31 31% 32 31 32 31% 31% *30% 32 32% I > ail w ay S tee l s 'p rin g ... 86% 86% 86% 86% 86% LV-Do pref. 86 85% 85% 86 % 86% 8 6 ^ *86 17% 17% R e p u b lic I ro n & S t e e l . . . 16% 17% 16% 17% 17 % 17% 17% 17% 17 17% 72% 72% 72% 73% *72% 73% 73% 73% 72% 73 73% 73% Do p r e f ___................... *20 22 21 *19% 22 R u b b e r Goods M fg ............. 20 20 19% 20 19% 20% 21 *67 72 *67 72 72 *67 69 *67 % 72 *67 72 * 67 Do p re f. 30 *28 31 30 *28 31 Q losS'Shefiield St. & Iro n 30 30% 31 *29 32 81 82 82 *81 82 O D o p r e f ......................... *80 82 80% 80% *78 *81 "81 *7% 8% 7% 7% "7% 8 7% 7% 7% 7% 7% 8 S ta n d a rd R ope & T w in e .. 61% 62 % 62% 63% 64 63 63% 63 63 63% T en n . Coal, I ro n & R R ... 61% 62% 42 *39 42 *39 "39 42 T ex as P acific L an d T ru s t *15 16 *15 *15% 16 *15 16 15% 15% J Tnion B ag & P a p e r ....... 16 *15% 16 81% 81% *81% 82 *81% 82 §SL% 81% t J Do p r e f ......................... '81% 82 81% 82 11% 12 12% 12% 12% 11% 12 12 12% 12% U. S. C ast 1. P ip e fr, Eon n . 11% 12 42% 44 44% 43 43 42 43% 44 43 43 43% 43% Do p r e f ... 115 115 *115 119 *114 118 114 114% 115% 115% U n ite d S ta te s E x p r e s s ... *115 118 12% 13% 13 13% 13% 13% 13% 13% 13 13% _ 13% 13% U n ited S ta te s L e a th e r _ 83% 83% 83% 83% 83% 84% 84% 84% 84% 84% Do p r e f ......................... 83% 83% 16% 16% 15% 16% 14% 15% U n ite d S'tates R u b b e r___ 15 16 16 16% *16% 17 *57 % 59 *57% 59 *57% 59 56% 57 % 0 6 % 57 *57% 59 I)o p re f......................... 39% 40% 40% 40% 40% 40% U n ite d S ta te s S te e l........... 39% 40% 38% 40 40% 40% 90 90% 90% 90% 90 % 90% 90% 90% 88% 90% 90% 90% Do p re f......................... 71% 71% 72% 71% 72% #70% 71% V irg in ia-C aro lin a C hem .. 72 73 7 1 ’2 72 % 71 '1 3 0 133 ' 132% 132% l)o p re f.. *132 134% • ] 30 132% 205 205 *205 215 *205 220 ~ "205 220 '2 0 5 220 Y l^ e lls, F arg o & C o....... 1215 215 89% 89% 90% 90% 91% 90 91% 89 91% 91 88% 90 e s t’n U n io n T e le ’gph 208 212 210 213 212 215 W est’g h ’se E l <&M fg assen 210 210 205 206 207 208 210 210 '2 0 6 215 *210 215 ...... _____ -208 210 *212 220 Do 1 s t p r e f .................. *3*0 ......... 04% 05% 01% *83 84 % *83 71 71 71% 26% *27 28 f>S 58% 57% 03 04 *4 04% 30 30 Si 35% 94 04 *8 94% *30 05 % 05% *83 84 71 70% 26 % 27% 58% 58 03% 64% 30% 37% 94 % 94% ......... 07 85 71 27% 58% 04% 30% 94% *30 07% *83 7 1% 27 58% 03% 30% 91% 08 84 71% 27 m 04% 37% 95 1073 SaD'.s 01 Jianye fo r Year V.Lf)'! 1 Hang* foi J'revioui On basis of 1 0 0 -share lots t loWee Ic, Shares Lowest j I l i y he,st / / 1a best 1 Lowest ......... 134 Dec 50 % Dec 88 M ar 7 0 1 .J’ne, 4 39 % A p r 71 J IK ) 03% J ’ne 35% J ’nfl 94 % Nov 225,360 2,900 29,050 20,505 2,950 700 1,250 17,120 6,325 50 May 16 1-11 % F eb J.7 I 57 J a n 55% .7an 2 72% A pr A 21 % Ja n 83 F eb Ij 88 J a n 11 75 J ’Jy 70% M ay 5 77 J a n L 1 53 % .1an 24% M ar 6 30% A p r 19 JO Mm, 5 5 M ar .5 03% A p r C 4 1 % Ja n M 58 Jim 27 69% A p r 2 1 20 JV f.flr) 5 J % J an 27 -19 % A p r J 5 .18 J an 92 J a n 1.4 98 % A p r I 5 67 % J an 90 May 2 2 0 0 % i 37% J a n I 5 A 4% A p r l 9 23 % J a n i 55 J a n • 134 F eb 7 1 J 7 May 1s % J an 21 23% F eb 1 1 10% Fell 35 J a n 15 13% I eh 1 J 28 M ay 107 J a n 20 124 A p r 21 05% Ja n 157 May! 5 J 59 Feb 1■ 147 A p r 98% F e b 28 108 % A p r 2 ) 70 May 80% M ar 0 91% J a n 2 8 J % J an 21 % J a il 14 28 A p r 30 J 1 % Ja n 41 % J a n 13 46% A p r 30 23% Ja n 17 J a n 27 23% A p r 29 1 1% J an 49 % J a n 27 06 A p r 20 45 May 28 J a n 14 38 % A p r3 0 24 May 19% J a n 3o 29% May 7 J 4 % J an 39% J a n 24 51% M ay 7 38% J a n 400 230,135 1,400 977 5,560 1,315 3,500 199 61 2 10 28% 85% 30% 2202 D ec 130 J ’ne . 8 % A pr 35 A p r 35 J ’ne 89% J ’Jy 35% J ’ne 91 % J a n 40 May 210 Nov 45 N ov 41% M ar 77% M ar 30% J ’ly 06 J ’ly 33% Nov 91% Nov 8 J ’ne 30 J ’ne 69 A p r 104% J ’ne 49% J ’n« 90 J ’i 4 153 J ’ne 130 J ’ly 100 A p r 167% Sep 21% J a il 82% J ’ly 54% A p r 228 A p r 14% A lar 136% J ’ne 142% A p r 25% J-’ne 238 A p r 124 J ’ne 0 ......... 3,415 606 2,528 92,810 00,4 65 4,925 1,060 7,000 (540 810 2,400 2,600 200 371 6,153 4,600 1,160 2,550 300 10,700 5,825 400 10 0 38,650 5,760 500 380 103,510 586 100 440 420 15,600 400 725 60,720 e: 00 00 1,400 8,900 1,066 3,150 540 200 10,700 8,200 3,110 27,112 3,070 600 1,008 600 7,873 3,626 500 100 200 3,800 800 25,525 2,100 600 500 166 1,800 2,700 6,800 10,550 1,200 1,700 1,112 5^00 1,800 1,690 300 100 1,000 13,600 100 335 1,810 1,420 '510 10,635 2,700 2,0 JO 820 155,935 55,772 8,900 3 47 19,097 2,620 100 J a n 4 §225 MaylO M ar 2 5 70 F e b 1 F eb 2 5 8 % A p r 14 J a n 6 26% A p r 14 A p r i l 32 % M ar24 J a n 14 0 1 % M ar25 J a n 10 57% A p r 28 86 F eb 3 32% J a n 14 42% M ay 2 210 J a n 13 244a4 F e b 11 39% J a n 9 59% A p r 28 16 A p r 10 31% J a n 2 54 A p r 8 67 J a n 3 15 J a n 14 28 A p r 30 43 J a n 13 58 M a r l 7 29% M ay 19 36% A p r 29 89 J a n 3 100% A p r 2 9 5 J a n 20 7 % Ja n 6 21 J a n 20 2 5 % A p r 9 43% A p r 22 49 % J a n 29 95 A p r 30 99% M arlO 40 % J an 22 106% A p r 28 85 J a n 13 100 A p r 19 116% J a n 6 135% M ar31 115 J a n 2 120% M ay 7 84 M arlO §96 J a il 7 160% J a n 13 13% May 1 17 % J an 7 73 A pr 2 3 dl 10 A p r l ? 146 F e b 1 210 J a n 4 242 A p r 25 10 J a n 13 14% A p r 23 84 J an 8 110% A p r 24 §130 J a n 29 2140 M sr20 14% J a n 16 23% A p r 4 213 J a n 15 230% A p r 2 5 115 .Tan 2 124% A p r 25 32% M ay 19 86 Ap r 2 3 130% J a n 13 1 3 9 % J a n 2 8 F e b 20 10 F e b 3 33 J a n 3 42% A p r 4 276% J a n 15 334 A p r 9 40 M ay 17 48% M ay23 92 - M ay20 97 % ATay 2 3 2 19 J a n 14 23% M a r‘ 0 73% M ay 5 77% J a n 7 75 M ay l9 199 A n r 29 6% J a n 27 19% A p r 18 45 J a n 14 65 M aylT 47 J a n 2 57% M a r l 9 87% J a n 13 94 M ar21 12 J a n 24 19 A p r 24 43% J a n 14 53% M a r20 104% J a n 3 109% A p r 4 15% J a n 18 2 3 ^ M a y 2 3 78% J a n 16 91 May 2 3 148 M a r l 7 196 A pr21 12 F e b 7 28 Ap r 4 39% F eb 21 5 6 % A p r 3 88 J a n 28 132% A p r 29 37 % M ay 17 49% M arlO 98% J a n 15 106 J a n 4 39 J a n 14 46% A p r 28 82% F e b 4 89 A p r 28 215 J a n 13 250 A p r 29 24 A p r 16 34% A p r 29 80 A pr 1 88 A p r 5 15% J a n 2 20 A p r 24 68 J a n 16 76 A p r 2 5 17 % F e b 2 S 25% A p r 21 66 F e b 11 74% M a r 2 2 2 9 % J a n 3 34% M a rlS 80% M ay l9 84% Alar 7 8% A p r 29 4 J a n 10 61% J a n 14 74% A p r 24 35 J a n 15 44% F eb 18 13 F e b 1 18% A p r 3 72 J a n 16 85 A p r 5 10% M ay 5 13% M ay 6 42 ' M ayl 9 47 M ay 7 97 J a n 2 126% A p r l ? 11% F eb 20 14% A p r 3 79% J a n 21 86% A p r 2 14 J a n 2 19 % A p r 14 50% J a n 14 64 A lar24 38% M ay 19 46% J a n 7 88% May 19 9 7 % J a n 7 60 J a n 18 76% A p r 28 120% J a n 17 134% May 15 §185 J a n 2 1 §220 M ay 2 88% May 17 94%. A p r 19 169% J a n 15 230% A p r 9 180 J a n 8 234 A p r 9 §145 J a n 60% Dec 1 % Sep 10 Sep 19 J a n 67 J an 24 M ar 85 Af>r 32 O ct §169 J a n 39% D ec 25% O ct 62 Oct 5% J a n 31 J a n 22% Aug 83% Oct 4% F eb 22 % D ec 38% Oct 88 F eb 26 M ar 73 A p r 103% Dec 111 Dec §94 J a n 157% N ov 13% M ar 70 Alar 28% D ec 175 J a n 8% Jan 41% J a n 116 M ar 12% O ct 187 J a n 93% J a n 127% 6% 23% 183% 62% Alay 129 % J an 25 5, May 39 % May 109% Jice 100 Nov 133 May 90% May 20 J ’lifl 40% J ’jjc 22 J ’ne 0 0 % Mar 38 M ar 26 J ’ne 49% A p r O ct 152% A u g O ct 10% J ’ne Sep 34% N ov J a n 289% D ec 18% Alay 69 J a n 54% .Tan 5% F eb 33 A p r 24% J a n 74 J a n 8 O ct 37 J a n 92 J a n 15 Alar 74% D ec 133 J ’ly 13 D ec 45 D ec 73% F eb 30% Alay 95% J a n 30 Alar 72% Alar 195% J a n 28 Alar 81% Sep 100 !->Alay 11 J a n 51 D ec 49 N ov 89 O ct 22 A p r 46 May. 103% N ov 25% J ’ne 93% J ’ne 175 A p r 15 D ec 47% D ec 109 J ’n e 49% N ov 120% J ’n e 52 J a n 89 A p r 225 O ct 11% Sep 55% J a n 18 D ec 65 D ec 19% F eb 65% J a n 3% M ar 49% Alai 19 J a n 12 A p r 65 A p r 24 J ’ne 82 A p r 38% May 90 Alay 41 % A p r 86% A p r 8% J ’ne 76% J ’ne 42 A p r 19% J ’ne 75% D ec §53 7% 69% 12% 47 24 69 51 116 §130 81 145 167 Jan May Alay O ct Oct May May J ’ly A pr Jan Jan Nov Nov 100 A p r 16% Alay 83% A ug 34 J a n 85 J a n 55 A p r 101% A p r 72 A lar 125 A ug 199% D ec 100% Alay 180 Dec 187 Deo BANKS AND TRUST COMPANIES—BROKERS’ QUOTATIONS f lu n k s Hid A8lc B i d A sic T r u s t C o’s B i d A s k B anks T r u s t C o’s B i d A sic T r u s t G o’s B id A sic BROOKLYN BROOKLYN C e n tral T r ’st 1925 1950 M o rto n T ru st 11100 W ash in g to n . 420 A 81C 1: Brook fynfl .. 130 . « ... S p ra g u e ....... 200 -•«••• C ity T r u s t... 400 420 M ut. A llian ce +348% 75 j 26tli Ward*,) 1 40 <lolonia.l Y 1 ,i IVA T r 1 225 i 275 200 BROOKLYN 570 ;;;)() ....... 5 th A v e n u e ' ] 05 ....... , L n io n lj......... 140 l S 6 " C o n tin e n ta l. 645 660 200 B ro o k ly n T r 450 N Y S ee A T r 1390 * 550 j F i r s t ....... 170 W allaboutlf . 105 272 L 1475 610 625 M a n u fa c trs’. 300 F ifth A ve T r Real Hs t t r ■ 400 I 1 675 F r a n k lin ___ 325 240 M echanics’! . 218 St a n d a rd T r’t 400 G u a ra n ty T r 750 800 11 am 11 to n _ _ 311 1 T r u s t C on . j M e rc h a n ts’.. 100 1 i 11 gs ( ’0 C 430 l\ n ick T b ’k ’r 800 825 1265 X. Y. CITY IN a s s a u ......... 350 L incoln T r ... 350 L Is i 1 T r. 290 ...... T rC o of K pbc 1 95 20 0 N a t C ity ....... 290 1 A flan In; Q?r M a im fac t’rs . 340 . . . . . . 310 M an h at tan .. 500 U n io n T r u s t 1390 BROOKLYN N o rth Side*:. J 80 185 Jlowl’gG reen 205 N a s s a u ......... 215 M ercan t ile 1J S M 1g<fc T r 475 1 J 00 JFiedfordli___ 225 . . . . . . ! P eople's^!.... 206 B road w ayT r. 170 180 M e rc h a n ts’.. too U n it S ta te s . 1750 1800 P eo p le’s ....... 350 ...... . Broad way* .. 250 ......... j 17th WardH. J 30 | (J’IR ’ty B&Tr 540 ......... AI etropolit.au 650 ....... V a n N ’d o n T r I 248 ....... W ill lam sb ’g. 215 220 * Bid ;unI ask ed prices; no sales on th is day. § L ess th a n 100 .shares, t iv< rig h ts. d B e g in n in g Mai ch 31 q u o te d p e r c e n t in ste a d o f d o lla rs p e r sh are. 1 Hale a t .Stock E x ch a n g e or a t au c tio n th is w eek. 8 T r u s t Co. ce rtific a te s. 1 B an k s m ark ed w ith a p a ra g ra p h HI) a re S ta te b a n k s 1 B ank* VKW YORK CITY W ash 1n g t’n ' W ash . I F lits ' W e st Hide'!.. W e s te rn ....... V orkviJJe', .. Uew ¥ork Stock Exchange--Bond Record, Friday* Weekly and Nearly o c c ji BONDS N . V. b f u O l i E X C H A N G E WEEK EMDUfti M .iV *23 1 . S . liuVl'I'IIIIILMil U & .s L-misnl I tim sli i e.d tl 11130 U , iil> vil eoUlVdl . / i i i - ji i U ft 'js» c o n s o l r e g s m a ll, .d L d 30 U to j c o i i b o l c u u p s m a l l d \ \ i j o U to 3b r e g i s t e r e d ..............A1 9 1ft ; U to 3b c o u p o n ..................... kLOLft l 1 > . - 11 1 N 1 , ;, 1| | k , 1| | 1^ /.111 , , U to 3a cull s m a ll b o n d s . . A:IVI Lft U to 4b r e g i s t e r e d ..............A190 7 U to coupon h 100 i U to 4 a r e g i s t e r e d ................. 1025 i s t.-» n ii|iii,n ur U to 5a r e g is t e r e d ..........LOU1 U to 5a c o u p o n ....................... 1304 Week* a H a n g * or L a 41 S a le U -F tj- F G J t >- .1 <4 F ( -F 4 G F F o re ig n G o v e rn m e n t \ |. s x on U to of M e x ic o b t g 5b or 1830 14- J J ^ u u e S e c u r itie s * A la b a m a cl abb A 4 lo o , __1300 J - J •J • J C la s s C 4 b ............................. 1000 J - J J-J D lb t of C o lu m b ia 3 r0 5 .s.__1024 F A L o u is ia u u now coUboi 4 b .. 1014 J - J M i s a o i m t u u d i n g ___ 1 804-1003 N o r t h C a ro lin a control 4 b . l l ) l o Ob...............................................1010 too C a ro lin a 4 4 s 2 0 -4 0 ........1035 T e n ii n e w s e t t l e m e n t 3 s . . 1013 S m a l l ................................................. V ir g in ia f u n d u e b t *2-3b... 1001 R e g i s t e r e d ..................................... 6 s d e f e r r e d D r o w n B r o s c tfa . U a ilru u d \ la b a in a C e n t S e e too K y x jL la b a M u ll See toav F la & \Y A lb a n y A tousq S e e D el A 11 ud A lle g h e n y V a lle y See P e n n K K A lle g A \v c s l S e e D u n It A F A m D o c k A 4 m S e e C e n t of N J A n n A r b o r 1 s t g 4 b ..........hlOOO A tC h T A to F e g e n g 4 b . .. 1005 R e g i s t e r e d ........................... 1005 A d j u s t m e n t g 4 b ............ /M 995 R e g is te r e d I ..................MOO 5 to ta m p e d ..................... M 0U 5 C h ic A to! E o u ib 1 s t tib .. 1015 A l l K n o x A N o r l b t g o b . . 104 0 A t l a n t a A D a n v S e e too n th Uy A t l a n t a A Y a d k S e e S o u th R y A u s t i n A N W S e e S o u P a c ific | > a t C r e e k A to S e e M ic h C e n t -L >alt A O h io p r io r l g 3 4*>.1925 R e g i s t e r e d ........................h 102 5 G o ld 4 s ............................... h i 0 4 8 R e g i s t e r e d ....................M 0 4 S C o n v d e b 4 s ........................ 1011 P J u n A M D iv 1 s t g 3 4 s l 9 2 5 R e g i s t e r e d ....................p l 9 2 5 P L E A W V a toyb r e f 4 s 1041 S o u th w D iv 1 s t g 3 4 s . . .1 0 2 5 R e g i s t e r e d ....................h i 02 5 M o tio n R iv 1 s t g u g 5 s . . 1010 C e n O h io R 1 s t c g 4 4 s . .1 0 3 0 B e e c h C r e e k S e e N V C A 41 B e lle v A C a r S e e I llin o is C e n t B k l y u a M o n ta u k S e e L o n g I B r u n s A W e s t S e e toav F I A W B u ffa lo X V A E r i e s e e E r i e B u ffa lo K A P g e n g o s . . . 1037 A ll A W e s t 1 s t g i s g u . . 199ft C l A M a li 1 s t g u g o s . ...1 0 4 3 K o c h A P i t t s 1 s t g 6 s . . . 1921 C o n so l 1 s t g Us..............1022 B u ffa lo A S o u th w e s t S e e E r i e B u ffa lo A to u sq u 1 s t g o s . .1 0 1 3 R e g i s t e r e d ........................... 101 3 1 s t r e f u n d i n g g 4 s ........ M 0 5 1 B u r C e d a r R A N o 1 s t o s . 10013 C o n 1 s t A co l t r u s t g o s . . 103 4 R e g i s t e r e d ............ .......... 103 4 C R - L F A N W 1 s t g u 5 s . 1021 M A tot L 1 s t g u g 7 s . ...1 0 2 7 /C a n a d a to o u th T - s r o s ........ 1 9 0 8 v ^ 2 d 5 s ..................................... 1013 R e g i s t e r e d ........................1013 C a r b A S h a w n S e e 111 C e n t C a r o lin a c e n t S e e S c a b A R o a n C n .rtb a g e A A d S e e N V O A H C ed R l a F A N S e e B C R A N C e n B r a n c h U P 1 s t g 4 s . . . 104 8 C en B ran c h R y s e e M o P ac C e n tr a l O h io S ee B a lti A O hio C e n R R A B of G a co l g 5 s 1037 C e n t of G a R R 1 s t g 5 s . . p l 9 4 5 R e g i s t e r e d ........................p l 0 4 5 C o n s o l g o ld o s ________7 1945 R e g i s t e r e d ........................1045 1 s t p r e f in c o m e g 5 s ___ p l 9 4 5 2 d p r e t in c o m e g 5 s ___ p l 9 4 5 3 d p r e f in c o m e g o s ___ p l 9 4 5 C h a tt D iv p u r m o n g 4 s . 1051 M a c A N o r D iv 1 s t g o s . 104 6 M id G a A A t i D iv 5 s . 1047 M o b ile D iv 1 s t g 5 s ........ 104 6 C e n t of N J 1 s t c o n s o l 7 s . . 10U2 G e n e r a l g o ld 5 s ..................1087 R e g i s t e r e d ....................h l 9 8 7 J -J J -J A U J-J J -J J-J J-J J-J b iJ A-O AO N ov N ov N ov art- S J-D J-J (4-J A-(J g -J ivi-s M-N <4-4 M-N J-J F-A M-S M-S A-O J-J F-A J -O A-O A-O J-J J -D A-O A-O A-O J-D J-J iVl- 8 M-S J -D iVl-N F -A F -A M-N M-N OCt O ct OCt J-D J-J J -J J-J M-N J-J Q-J 5 -i Lange S^ i f S in c e -N -C J u n u u r g 1 ’ BONDS N . Y. S T O C K E X C H A N G E W e e k K n d in o M ay 23 < 1 . J 'r i ce Prida.u M a y 25- O B IF H i g h A 4 | L ulu H i g h L ilt A sk C e n tr a l of N J —( U u n t i m u i i ) A m D o ck Jc Im p g u 5 s .. 1921 J - J 1 1 4 4 .......... Ino 4 100 4 .1 J 108 4 1 0 0 4 M N C on e x t g u a r 4 4 s p i 9 1 0 G-M 1 0 3 4 S ale Al S 100 1 0 9 4 C e n t P a c ific See So P a c ific Co U )7 k I 0 8 l4 100 k A p r ’02 108 4 ll o .......... H )7 k 108 k 168 4 M uy’02 C h a rle s A toav 1 s t g 7 s ___1036 J - J '1 2 5 A-O 112 1 1 2 4 tl) 74 a 10 8 L 100 4 A p r '0 2 — 10 8 k lOO k G old Os . . a 191 1 \ 0 113 .......... L104 a l I l k 111 111 1 st co n ho l g 5 s . ................ 1030 IVIN 119 4 toale 5 111 4 113 l UM 2o l L0 l 13 iV N S 1 1 0 k S ale l lu h 137 k I J O k F o b ’02 . . . J 130 130 4 G e n e ra l g o ld 4 4 « ..............1002 M-S i o s k toulc 1304 1304 137 l j 1304] A p r l'-' M- 8 l y 5 l4 106 k 105 4 M a y '02 1 0 5 4 106 4 C ra ig V a lle ) i g 5 s .., 1 9 4 0 J J 11 2 .......... 4 105 k i 0 6 L 106 k F e b ’02 . . . . 1 0 6 4 106 4 R A A D iv lb t co n g-As. 1080 J -J l o t 4 IO 6 4 99 1 0 1 J -J W a rm topr V al 1 s t g 5 s . . 1941 M-S 1 08 .......... \| N 94 95 k F e b ’02 9 1 4 95 4 | th e Ou 6lS 0/ fo il/’ m u r k s to t> ne do lia r . C in e A A il K it s f u n d 6 s .. 1903 M-N 102 .......... 08 k 0 8 4 l0 : 06 85 85 4 00 4 R e fu n d in g g 3 s ................. 1919 A O t'e pv ices 0 n th e 5 US IS 0 / $5 to £ . A O 8 4 4 S a lt JiaLLway 1 s t lie n 3 4 a . . . 1950 J J : 100 107 R e g is te r e d ....................... 1950 J - J .......... 1 0 8 H 107 May* 02 m u c ism iv- G eon so l < s ... 1 ou.. ........ . 102 k M a r'0 2 102 k 1 0 2 k F-A L11 M a r ’02 111 111 F A 100 k 10 2 k 126 O c t ’01 124 I llin o is D iv 3 4 s ................1919 J J 1 0 2 4 1 0 3 4 106 51 a y ’02 105k 106 i 0 6 4 .J - J 100 4 1 e b ’OO \ O 1144 -.......... : : : : : : __ S in k in g f u n d 4 s ..............1919 A O 1 0 4 4 .......... - .«••• ii)4 4 J a n ’02 - • • * 1*04 1*04 4 N e b r a s k a E x te n s io n I s . 1925 VI-N 109 4 1 LO 136 4 J ’1V ’01 M- N 1*3) M a r ’ou M S 10 0 0 6 :ttt A p r ’02 05 k 05 4 9 6 4 J o i n t b o n d s See G r e a t N o rth .......... 05 F e b ’0_ 95 95 D e b e n tu r e 5 s ..................... 1913 VI-N 1 0 7 4 8 a le . . . . . . 07 0 5 y4 0 5 a4 i 05 4 9 0 4 H a n A ST J os c o n s u l 6 s . . 191 1 M-S '1 1 8 4 1 19 J -D 111 .......... 8 10 k 0 k S a lt 04 9 4 10 139 4 .......... 1 s t c o n s o l g 6 a ................... L934 A O G e n e ra l c o n s o l 1 s t 5 s ___1937 M-N 1 2 4 k .......... R e g is te r e d ....................... 1937 M-N .................... 1 25 .......... C h ic A I n i l C K y 1 s t 5 s . 1936 J - J C h ic a g o A E rie See E r i e 1 3 1 4 .......... C h ic I n A E o u is v re f 6 s ___1947 J - J R e f u lid im r g o ld o s ............1947 J - J 1 1 4 4 .......... 115 115 4 E o u is v N A A Cli 1 s t 6 s. 1910 J - J C hic M il A S t P a u l eo n 7 s 1905 J - J 99 1 0 0 ..........i l l i 4 99 9 0 4 15 9 5 4 1 0 0 T e r m in a l g o ld 5 s ..............1914 J - J 103 4 S ale 1 0 3 4 1 0 3 4 124 103 1 0 5 4 1 15 117 G e n e ra l g 4 s s e r ie s A . . <*1989 J - J % 103 103 103 R e g is te r e d c 1089 0 - J * ..........1 1 6 4 105 k 13 92 03 4 04 034 94 954 G e n e ra l g 3 4 a a o n e s B ^1989 j . j 0 4 1>A p r ’02 R eg 1s 1 c r e d e 1 *1811 J - J aa*a 92 s a le 02 *02 30 92 954 C h ic A E ton D iv g 5 s ___1921 J - J 1 2 0 4 .......... 114 C h ic A M o R iv D iv 5 s 19‘b* ./ J 1 2 3 4 .......... 115 1 0 8 4 D e c ’Ol ___ C h ic A P a c D iv 6 s ............1910 J - J 1 16 4 1 1 7 4 C h ic A P W 1 st g 5 s ........ 1921 J - J 1 2 1 k 122 D a k A G t too g 5 s ..............1916 J - J 1 1 4 4 ......... 135 J-J F a r A S o u a s s n g 6 s ........ 1924 1 2 3 4 .......... H a s t A D D iv 1 s t 7 s ........1910 J - J 36 1 s t 5 s ................................... 1910 J - J 9 6 k 06 4 9 6 4 80 9 4 4 97 1094 1114 07 A p r ’02 9 6 4 97 I A D E x te n 1 s t 7 s ..........1908 J - J 1 1 8 4 .......... 1 0 2 4 208 102 L a C ro s s e A D 1 s t 5 s ___1919 J - J 102 4 S ale 102 1044 1 0 2 k F e b ’02 M in e ra l P o in t I)iv 5 s 1910 J - J I l l ) .......... 102 1 0 3 k 107 1 0 8 24 104 1 1 0 So M in n D iv 1 s t.6 s 1010 J -J 1 1 6 4 . . 106 107 003^ 0034 01 00 0 90 4 9 3 4 S o u th w e s t D iv 1 st. 6 s 1009 J - J 1 1 5 k .......... W is A M in n D iv g 5 s 1921 J - J 50 97 4 i o i 07 4 98 M il A N o 1 s t M L 6 s . . . .1 9 1 0 J-D 117 k 1 1 9 4 97 k 0 8 01 S a le 9 0 34 01 41 9 0 4 9 1 4 1 s t c o n s o l 6 s ....................1913 J-D 123 1 2 4 4 0 0 4 J ’n e ’Ol C h ic a g o A N o r t h w e s t e r n 111 M a y ’00 C o n s o lid a te d 7 s ................1915 Q- F 1 34 .......... 100 112 N o v ’01 G o ld 7 s ...................................1902 J -D 104 4 .......... R e g i s t e r e d ....................... 1902 .J -D v1 04 .......... E x te n s io n 4 s ..........1 8 8 6 -1 9 2 6 F-A iu 7 109 R e g is te r e d 1886-1 92 6 F -A G e n e ra l g o ld 3 4 s 1987 M-N R e g is te r e d p l9 8 7 Q -F ► S in k in g f u n d 6 s . . . 1 8 7 9 -1 9 2 9 A -O 1 1 4 1 1 7 4 1 18 11 8 A p r *02 11741194 R e g is te r e d . 1 8 7 9 -1 9 2 9 A-O 102 4 103 A p r ’07 S in k in g f u n d 5 s . ..1 8 7 9 -1 9 2 9 A-O 1 0 8 .......... 1 198 1 3 0 4 R e g is te r e d 1 8 7 9 -1 9 2 9 A-O 13 0 130 1 3 0 1 127 4 1 2 9 4 D e b e n tu r e 5 s ..................... 1909 M-N 1 07 4 .......... 1274 1274 R e g is te r e d 1009 M-N 10 0 N o v ’99 D e b e n tu r e 5 s ......................1921 A-O 1 1 4 k toalc R e g is te r e d . ___ 1921 A-O lOO3^ 10 2 A p r ’02 S in k in g f u n d d e b 5 s ........ 1933 M-N ..........1 2 3 4 102 102 R e g is te r e d 1933 •Vi-N 105 S ale 1 05 106 9 1 0 4 4 106 123% D ps M o A M in n 1 s t 7 s 1 0 07 F-A 1 2 6 4 M a r'0 2 . . . . 1 2 4 4 12 6 k 1 2 4 4 F e b ’02 M ilw A M a d is o n 1 s t 6 s 1905 M-S 1244 1244 N o r t h I llin o i s 1 s t 5 s ___1910 M-S 11 8 J a n ’.02 11 8 ' ' 1 1 8 “ *117k O tt C F A S t P a u l 1 s t 5 s 1909 M-S W in o n a A S t P e t 2 d 7 s .. 1907 M-N 1 16 ........ 1 0 6 k S ale 10 6 34 1 0 7 4 15 10 5 k 1 0 7 4 5 1074111 MU L S A W e s t 1 s t g 6 s 1921 M-N 1 3 3 4 - ----109 1 1 0 1 0 9 4 1 0 9 4 E x t A Im p a f u n d g 5 s 1929 F-A 1 2 5 4 .......... 1 07 A u g ’01 A sh la n d D iv 1 s t g 6 s . . 1925 M-S 1 3 S 4 . . . . . . M id i D iv 1 s t g 6 s ..........1924 J - J 1 3 8 4 .......... C o n v e r tib le d e b 5 s 1907 F-A M-N 107 4 .......... I n c o m e s ........................... 1911 Chic R o c k I s l A P a c 6 s . . . 1917 J - J 1 3 0 .......... 93 95 94^2 95 9 4 4 M a y ’02 R e g is te r e d ........................1917 J - J * 1 3 1 4 .......... G e n e r a l g o ld 4 s ..................1988 J - J 11141124 R e g is te r e d ........................1988 J-J 1 0 6 4 A p r ’02 10641094 10s 9 8 .......... D e s M A F t D 1 s t 4 s . . . . 1905 J-J 121 121 A p r ’02 11941214 1 s t 2 4 s ...............................1905 J-J 9 0 .......... io h u 1 no E xten sion 4 s .... ......... ..1 9 0 5 J-J 97 48 1 0 6 4 1 1 3 4 K e o k A D e s M 1 s t 5 s ___1923 A-O 105 4 S e p ’01 8534 S a le 85 8 5 34 35 7 6 *894 Chic A S t L S ee A tc li T A S a F e 30 41 41 S ale 86 3 2 4 4 4 4 Chic S t L A N O S ee 111 C e n t Chic S t L A P i t t s S e e P e n n Co 2 6 M a y ’02 sQ 1 8 4 31 25 26 92 02 2 3 9 1 4 933e Chic S t P M A O con 6 s . . . 1930 J -D 141 14 2 92 Cli S t P A M in n 1 s t g 6 s 1 9 1 8 M-N 1 3 8 4 .......... 05 D e c ’09 100 N o r W is c o n s in 1 s t 6 s . ..1 9 3 0 J - J > 100 111 k 10 2 J ’n e ’99 112 k 11 3 k 112 k A p r ’02 S t P A S C ity 1 s t g 6 s . . .1 9 1 9 A-O 1 2 8 k .......... 106 i l 2 4 10 3 4 J a n »02 89 90 lO lL 1 0 3 4 1 0 3 4 C hicago T e r T r a n s g 4 s . . .1 9 4 7 J - J 1 i an 1 3 8 4 1 3 8 4 Chic A W e st 1 n d g e n s b s 0 1 9 3 2 10 -M * 1 1 8 k .......... 3 1 3 2 141 1 3 8 M a y ’02 137 131 1 3 9 k Ohio A W e s t M ic h R y 5 s . . 1921 J - D 1 OS 4 .......... A ah L ulu O .l t*v i n a k o u u p a <; e s 1 1>0 V 1 0 9 7q A p r 02 1 1)84 l u o ^ 100*^ May*02 W e e k ’s L a n g e or L u s t S a le Low 114 H uj/i A 0 L ow i l i y l i F e b ’u2 . . . . 1 1 3 k 114 106 M a i ’02 1 0 3 4 1 UJJj ...... 112 114 119 4 121 108 J 03 108 4 105 k 10 1 101k Lange S in c e < 'j J a n u a r y 1 105 26 102 ........ 112 A pr o‘ j 1191 J ’ne'O i 1o s 4 A p r ’0 1 May*U 2 A p r ’02 D» 1 ’0 ! A p r ’99 .... 1 0 4 4 A lai 02 85 86 106 105 .... 5 112 115 111 117 31 1 19 4 1 2 3 4 69 08 .... ... 1064110k 1 108 4 108 4 104 105 4 103 k 104 4 85 88 ...................... 84 4 84 84 k 62 84 8 3 k A p r ’02 834 33k I ||Ti •> 1(IK - 21 1 n ifl, 1 nit ., 1 0 4 k A p r ’06 101 k A p r ’02 l o o k 103 4 1 0 2 k M u y ’02 • • • . 1 0 2 1 0 3 4 11 4 :,.j A p r ’02 1 1 4 k 11 6 105 M a y '0 2 H L05 106 no no 17 n o 1114 109 k A u g ’Ol 100 M a r ’02 9 9 k io o 8 1074110 107k 1 0 9 4 118k 1 1 8 k 32 1 1 8 k 122 114 11 4 ' 'A 112 4 1 14 4 13841394 1 3 9 4 139 4 124 k 1 2 4 4 40 122 4 126 4 12 4 k M a r ’02 . . . . 12 4 k 1 2 4 k 125 M a y ’02 . . . . 125 12 5 13 I k 116 115 196 115 I 16k 105 k 104k * > 13 l k M u y ’02 . . . . M a y ’02 A p r ’02 . . . . M a r ’02 . . . . A p r ’02 F e b ’98 J a n ’02 126 1 32 113 116 1134115 182 4 196 112 115 110 k 1 1 6 k 104k 10 4 4 124 4 117 4 1214 1 15k 137 4 124 110 4 182 4 1184 100 4 117 115 120k 117 123k M a r ’02 A p r ’02 M a y ’02 1214 M a y ’OJ ’l y ’99 12 4 A p r ’02 J a n ’02 M a y ’02 F e b ’02 117 M a r ’02 120k M a r ’02 M a y ’02 138 104k 104 107 4 107 111 103 118 111 no 1074 107 4 108 114k 1 14 123 123 13 8 141 M a r ’02 M a y ’02 10 3 4 1 0 4 4 A p r ’02 1 0 3 4 104 M a y ’02 107 4 1 0 7 4 M a r ’00 O c t ’01 X o v ’98 M a r ’02 . . . . 11 5 11 8 O c t ’00 A p r ’02 1084110 M a y ’01 107 4 i 1 0 7 k 10 9 4 O c t ’01 6 11 4 1 1 7 4 1144 O c t ’01 M a v ’02 . . . 1 2 1 4 1 2 4 M a y ’01 ___ 113 10 9 4 110 k 119 4 1334 1 26 142 4 139k 107 4 1 10 4 1314 131 lllk 11 1 4 994 86k 97 1104 J a n ’01 M a r ’02 A u g ’Ol A p r ’02 .. 1 34 14 A p r ’02 F e b ’02 . . . . J a n ’02 . . . . F e b ’01 M a y ’02 1 3 1 4 10 M a r'0 2 1 1 2 k 104 A p r ’02 9 9 4 10 A u g ’00 D e c ’00 A p r ’02 1414 ,1 4 1 4 140 128k 89 4 119 1 09 4 139 ^2 142 1 -1 1 4 140 1 1 1 4 M a r ’02 M a r ’01 12741304 A p r ’02 90k 8 9 k "if- 8 6 119 0 LIS 11 9 A p r ’02 . . . . 1 0 9 1 0 9 1204 . . . . 120 4 1 2 0 4 i 1841244 ,.. 1144118 28 1 1 6 4 1 2 1 k 112k 115k __ ...... u 122 4 1 2 4 10841104 18241824 1 1 8 4 HO . . . . 109 4 1 0 9 4 1 114 1 1 7 4 1 1 3 k 115 10 1 1 6 4 1 2 1 4 115 117 .... 120k 123k 10741094 11941194 1334 137k 12541284 142 k 1 4 2 4 1 39 4 1 3 9 k 110 4 1 1 0 4 12S 132 1 2 9 k 131 105k 1 1 3 4 109 98 11 2 99 4 109k 1 1 0 4 A Q S C E L JL A jS E O U S B O N D S —C o n t i n u e d o u N e x t P a g e . S tre e t R a ilw a y B r o o k ly n R ap T r g 5 s ........ 194 5 A-O A t l A v B k ly n im p g 5 s . . 193 4 J -J B k C ity 1 st con 5 s . 1916, 1941 J - J B k Q Co & S con g u g 5 s . 1941 M-N B k ly n U n E l 1 s t g 4 - 5 s .l 9 5 0 F-A K in g s Co E l 1 s t g 4 s ___ 1949 F-A N a s s a u E le c g u g 4 s ___ 1951 J -J C ity & to R y B a lt l s t g 5 s . 1922 J-D C ohn R y 6b L 1 st <&r e f g 4 4 s ’51 J - J D e n Con T r Co 1 s t g 5 s...* 1933 A-O D e n T ram Co con g 6 s .. 1910 J -J M e t R y Co 1 s t g u g 6 s .. 1911 J-J D e t Cit tot R y 1 s t c o n g 5 s . 1905 J - J G r R a p id s R y 1 s t g 5 s . . . a l 9 l 6 J -D ± J \J U lO XV $ V ^U A O L G U 1 1 g u a . . ll^ O U j - j M a r k e t tot C Ry 1 st g 6 s .. 1913 J-J M e t S t R y g e n col tr g 5 s . 1997 F-A Bway<fe 7 t h A v 1 st e g 5 s 1943 J-D 108 108 1 10 J a n ’99 112 11 4 1 1 2 4 M a r’02 ........ 106 4 A p r ’02 101 102 4 S ale 10*2 102 4 *89k 90k 89k 90 4 .......... 1 0 8 4 98 95 S tre e t R a ilw a y 110k M et St R y —( C ontinued) Col < 9 th A v 1 s t g u g 5 s . 1993 M-S fc Lex A v & P F 1 s t g u g 5 s 1993 M-S 11241124 1 107 100 1 0 6 4 17 1 0 0 k 1 0 2 4 11 8 9 k 93 V n r’02 *** 98 J ’n e ’OO 103 N o v ’Ol l Ui/ nil < 1 1 98 T h ird A v e R R con g u 4 s 2 0 0 0 T h ird A v e R y 1 st g 5 s .. 1937 Met W S E l (C lue) 1 st g 4 s . 1938 Mil E l R y & L 3 0 -y r g 5 s . 1926 Minn St R y 1 st co il g 5 s . . 1919 St P aul C ity Cab co n g 5 s . 1937 G u a ra n teed g o ld 5 s ........ 1937 Union E l (C hic) 1 s t g 5 s .. 1945 W Ohio St 4 0 -y r 1 st cu r 5 s . 1928 40-yeai* o o n s o lg o lil 5 s . . . 1936 J-J J -J F-A F-A J -J J -J J-J A-O 122 4 M av’02 121k 121 121 4 120k 152 99 k lo o k 1 0 1 4 123 126 4 A p r ’02 102 102 i 101 106 Oct ‘99 A p r’01 1 0 9 4 .......... n o 1 1-1 G N oy‘01 112L . 1 2 1 k 1 23 122 123 4 101 4 S ale ..........121 k ...... 109 g P oo ’99 ..................... .... _„^^^^ . . . . . . ^ •m • 99 D e c ’9 . V l-N M-N Gut* an d E le c tric U g lii A tlanta G L Co 1 s t g 5 s . .. 1 9 1 T J -D Bos U G a s tr Otis s f g 5 s. 1939 J -J 5 119 122 I 1 1 8 4 1 1 9 4 B k ly n U G as 1 s t con g o s . 1945 V N 117 4 1 1 8 J1 9 4 1 1 9 4 1 1 9 4 i l 9 4 1 2 0 122 1 1 9 4 A p r ’0*2 " N o p ric e Friday; la te s t p ric e t h is w eek- a D u e J a n d D u e A p r c D u e May g D u e J ’n e A D u e J ’ly v o u e Aug 12 4 4 121 UU4 1264 108 9 1 4 Cot ‘93 118 n s p D ue N ov vPueD oo ...... 1 2 117 120 4 sO p tm u sa l* B on d B eoord — C ontinued— P a g e 2 In t'st P erio d MAT 24, 1902.] BONDS N. Y. S T O C K E X C H A N G E W e e k E nding m a y 23 P ric e F rid a y M ay 22 W e e k 's R an ge or b a s t S a le A 8k b o w H id 0 9 > 5 So Range S in c e January 1 No bow 11 ig h 1075 BONDS N. Y. STOCK E X C H A N G E W e e k E n d in g M a y 2 3 -A J J a n .1 J M-N J GG 1 0 7 11 ' Range Since | /; J a n u a n / 1 H ig h No j 05 115% Sale 8 9 ‘.i 9 0 L 103 100 1 1 3 * 8 .......... 111 89 *2 106*2 106 % Mar’9 8 11&•'»1 84 ioY f* i'iY% 89 % 3 8 8 92 % 103 103 *2 98*2 N ov'00 102 110 112 106*4 i o 9 % i i ‘i% 1 1 3 jh ......... 111 *2 M ar’02 95% Bale bow H i g h Hop GG 1 0 6 * 4 .......... 1 0 7 % .......... I 00*2 F e b ' 0 2 95% 96 494 9 5 % 97 110*2 111 57 107*4 1 1 2 i s r ::::: 105% A p r ’02 105% i 0 6 115*8 113 115% A p r ’(J2 113*2 M ar’00 ] 04 *2 Mar,02 102*2 A p r ’98 115 116 104% 105% 105 106% 105*4 106*2 106*4 106*4 102 O ct ’01 193% 103% i()3% 105 104% 104% 10 104% 104% 112 .... 101*4 1 0 1 * 8 101 *4 A p r ’02 * 1 0 0 %1 0 1 * 4 123 M ay’99 87*2M ay’02 87% 87% 120 87*2 D E W e e k 's /i’a n p c o r b a s t S a te A Hk bow H id H igh t 112% ......... 1 1 1 4 M ay’02 . . . 105 1 1 4 4 If la Con cfe Poll 1 M g 5 m. .. 191H 11 k 11., < 1 1 1 l >er ’0 1 I m land gr e x t gold 5 s .. 1030 i 113 O ct,’00 Consol gold 5 s ...................1043 H. 1 1 2 % ......... 1 13% M ay’02 1 18% L'lff% Ifort S t 1/ D Co 1st g 4 % I 04 1 Et W cfe Don C 1 st g 6 m.. .. 1921 El, W cfe Rio Gr 1 st g 3-4s. 1928 / D l l lia r cfe B A S e e So PuoOo V Jul 11 cfe II of 1.882 1 s t o s. 15)1:5 A 0 3 102% 104% Ga cfe A la R y 1 M coil 5 m. . 0 15) 15 .1 - J t J-D 1 0 4 1 0 4 4 104% 104% Ga ( :ar cfe N o 1 st gu g o h . . 1929 J -J ......... 102 A p r ’02 . . . . 102 102 J -J 101 1 1 0 1 4 1 0 3 % G eorgia P acific S ee So Ry .1 - J 102 ........P 103% 103% 6 102% 104% G 1la V G cfe N o r S e e So 1*ac Co M-N 10 2 % ......... 102% 103*.i 99 M ay’99 \T. I M G ouv cfe O sw eg a t S ee N Y C ent 100 J ’11b’01 Grand Itapcfe In d S e e V e n i n RR S p r cfe Col D iv 1s t g 4 s . .1 9 4 0 M.Q 1 | 83 N o v ’O O G ray’s P t T erm S e e S t L S W 98 W W V a l D iv 1 s t g 4 s . . . 1940 G t N o r—C B cfe Q coll tr 4 s 1921 .T-J C I S t L cfe C con sol 0 s . .1 9 2 0 M- N 10 4 G reen b rier R y S e e d i e s cfe O Q-F 1 0 3 4 1 0 5 % 105% M ar’02 — 105 106 1 s t gold 4 s ...................../cl .... ........ .... an cfe S t J o S e e C B cfe Q R e g is t e r e d ................ /cl9 3 0 Q-F J -J 1 15% ......... 115% A p r ’02 . . . . 115 115 4 H o u sa to n ic S ee N Y N H cfe IT Cin S cfe Cl con 1 st g 5 s .. 1 J -l) 131 1 3 5 4 134% J a n ’02 — 134% 134% rrock V al 1 s t co n so l g 4 %a.1999 C C C ( H co n so l 7 s ..........1 R eg istered ........................... 1999 C onsol sin k fund 7 s ___1914 J -D Col cfe H V 1 st e x t g 4 s .. 1948 G en eral con sol g o ld 6 8 .1 9 3 4 J -J i3 6 % : : : : : : i'3 8 " M ay’02 . . . . 1 3 8 138 ITo u st E cfe W T ex S e e So Pac R e g is t e r e d ................. 15)34 J - .1 104% N o v ’01 A-D lio u s t cfe T ex Cen S e e So P a c Co f llln o is C entral 1 st g 4 s . . 1951 J - J O. .7 3 984102 1 R e g iste r e d ....................... 1051 J - J 100% A-O 1 0 0 Bale 100 P e o & E a st 1 s t con 4 11 72 72 73 82% 1 st gold 3% s....................... 1951 J - J 73 Sale .1 In co m e 4 s ............... R e g iste r e d ....................... 15)51 J - J Cl Lor So W li con 1 st g 5 s. 1933 A-O 115 ......... 114% A p r ’02 — 1 1 4 4 1 1 4 % 1 st gold 3s s t e r lin g ..........1051 M-S O lev So M arietta See P e n n HR R e g iste r e d ....................... 1951 M-S J -J 1 2 7 % ......... 127% J a n ’02 . . . . 1 2 7 4 1 2 7 % C lev So .Mahon V al g t Coll T r u st gold 4 s ............1952 A - 0 Q-J R e g iste r e d ....................... 1952 A -O C lev So P itts S ee P en n Co 52 82 84 85 87 L N O cfe T e x gold 4 s ___1953 M-N 84% S ale Col M idland 1 st g 3 -4 s 1947 J - J 3 82% 86% 84 85 R egi s ter ed ........................1953 M-N 84 S ale 1 st gold 4 s ..........................1947 J -J Cairo B ridge gold 4 s ___1950 J - D 94% 95% 48 91 94% 95 96*4 Colorado < Sou 1 st g 4 s . . . 1929 F-A fc L o u isv ille D iv gold 3 % s.l9 5 3 J - J Colum So G reen v S ee So R y R e g iste r e d ....................... 1953 J - J Col So H ock V a l S ee H o ck Val M idland D iv r e g 5 s ..........1921 F - A Col Conn So T erm S ee N So W S t L ou is D iv gold 3 s — 1951 Conn So P as Hi v s 1 st g 48.1941 A-O R e g ist ered ....................... 1951 ak tfe G t So S ee C M & S t 1 Gold 3% s.......................... 1951 J -J alia s So W aco S ee M K So * ] R e g iste r e d ....................1951 J -J 117% 120% M-S 1 1 7 % ......... 117% M ay’02 S p rin g D iv 1 st g 3 % s ...1951 J -J 138 A p r ’02 . . . . 136% 138 M-N 3 137% 141 140 W estern L in es 1 st g 4 s .. 1951 F - A J-D 140 141 140 1 s t con sol gu ar 7s. R e g iste r e d ........................1951 F-A 140 O c t ’98 J -D 1 1334137 B e lle v cfe Car 1 st 6 s ........1923 J - D 137 N Y L a ck So W 1 s t 6 s . ..1 9 2 1 J -J 13 5 % i 3 6 % 137 Carb & S h aw 1 s t g 4 s . . . 1932 M-S C on stru ction 5 s ...........1923 F-A 1 1 6 % ......... 118*4 M ay’02 ___ 116% 118*4 Chic S t L cfe N O g 5 s . . . 1951 T erm cfe im p rove 4 s ___1923 M-N 101% 103% 103% A p r ’02 . . . . 103% 105% R e g iste r e d ........................1951 Svr B in g So N Y 1 st 7 s . .1 9 0 6 A-O 1 1 3 % ......... 114% M ay’02 . . . . 114*4 117% Gold 3% s........................... 1951 W arren 1 st r e f g u g 3 % s.2000 F-A 144 M ay’02 __. _ 144 144 R e g iste r e d ....................1951 D el So H u d 1 s t P a D iv 7 s . 1917 M-S ..........144 149 A u g ’01 M em pli D iv 1 st g 4 s . . . 1951 R e g iste r e d ...................... 1917 "M -S R e g iste r e d ....................1951 A-O 1 1 2 % .......... 115% F e b ’02 • • «• 115% 115% 122 J ’n e ’99 S t L Sou 1 st g u g 4 s ___1931 R eg istered . A-O A-O 1 0 8 % .......... 108% A p r ’02 - • • . 108% 108% In d B1 cfe W e s t S ee C C C cfe S t L 111% F e b ’02 . . . . l i l % l l l % Tnd D ec cfe W 1 st g o s ........1935 J - J A-O R e g is te r e d ................... 1 1 s t gu ar gold 5 s ..................1935 J -J R en s So S aratoga 1 s t 7 s .1921 M-N 1 4 7 % ......... 151% A pr ’02 . . . . 1 5 1 4 1 5 1 % 151- J a n ’01 In d 111 & l a 1 s t g 4 s ..........1950 J -J R e g is te r e d ....................... 1921 M-N I n t cfe G reat N o r 1 st g 6 s . .1 9 1 9 M-N D e l R iv R R B rid g e S e e P a RR 2d gold o s ............................. 1909 M-S 101 104% D e n v So R Gr 1 st con g 4 s . 1930 J -J *103% 104% 104% M av’02 110*4112 3d gold 4 s .............................1921 M-S C onsol gold 4% s................ 1930 J - J 1 1 0 * 4 1 1 2 4 112 A p r ’02 8 1 1 0 4 1 1 3 * 4 Io w a C entral 1 s t gold 5 s. .1 9 3 8 J-D 111 Inrp rovem en t g o ld 5 s . . .19 2 ? J-D 1 1 1 % ......... 111 R efu n d in g g 4 s ..................1951 M-S R io Gr So g u S ee R io Gr So Jefferson R R S ee E rie 88 M ay’02 — D e n So S W e s t gen s f g 5 s 1929 J-D * .......... 90 88 90 W al A & G R S ee L S < M S fe D e s M oi So F t D S ee C R So I P XV an cfe M ich S ee Tol cfe O C D e s M So M in n S ee Cli cfe X V K C F t S cfe M S ee S t L cfe S F D e s M oi U n R y 1 s t g 5 s . . 1917 M-N 1 0 4 .......... 111 F e b ’01 K C cfe M R cfe B 1 st g u g 5 s. 1929 A-O D e t M & T ol S ee L S So M So K an C cfe Pacific- See M K cfe T .......... 102 J ’l y ’Ol J-D 1 0 1 J -D 95 95% 95% M ay’02 . . . . 92% 95% K an C ity S on 1 st gold 3 s .. 1950 G old 4s. 13 30 R e g iste r e d ........................... 1950 60 53 S ale 52 53 A-O 87% 87% 114 84% 87% K e n tu c k y C ent S e e L cfe N 87% Sale J-D D e t S ou 1 st g 4 s .. 94% Sale 94 94 4 48 92% 95% K eok cfe D es Mo S ee C R I cfe P Ohio S ou D iv 1 st 4s. M-S K n o x v ille cfe Ohio S e e So R y 112% 115 V-O 1 1 2 % ........ 112% M ay’02 I ak e E rie cfe W 1 st g o s . . 1937 J - J R e g is te r e d ..........................19i A-O 2d gold 5 s ......................... 1941 J - J 2d 6 s .....................................19: J -J 1 111 115 N o rth Ohio 1 s t g u g 5 s .. 1945 A-O 115 J -J 115 .......... 115 D u l So Shore cfe A tl g o s .. 191 L Slio & M ich S S e e N Y Cent a st of M inn S e e S t P M cfe L eh ig h V a l (Pa) coll g 5 s. 1997 M-N a st T en V a cfe Ga S e e So I 112% M ay’02 — 112% 115 R eg istered 5 s ......................1997 M-N E lg in J o l cfe E a s t 1 s t g 5 s . 19* M-N Leli V a l N Y 1 st g u g 4 %s. 1940 J -J E lm C ort < N o S e e L eh cfe N fe 2 1154118 R e g is t er ed ........................... 1940 J -J 118 118 M-N ..........121 1 118% 122 M-S 1 1 8 % .......... 118% 118% L eh V T er R y 1 st g u g 5 s .1941 A-O R e g iste r e d .......................... 1941 A-O ; M -s 1 1 3 % .......... 116% A p r ’02 ... . 115 116% 1 A-O 1 1 9 * 4 ......... 121% J a n ’02 ... . 121 121% Leli V Coal Co 1 st g u g 5 s. 1933 J - J 4 th e x t gold 5 s ................. J-D 1 08*8......... 109*4 Jan ’02 ... 108% 109*4 R e g iste r e d ........................... 1933 J - J 5 th e x t gold 4 s ................. 7 138 142 ) M-S 138 ......... 138 L eh cfe N Y 1 st guar g 4 s . . 1945 M-S 1 st co n so l gold 7 s ........... 138 7 136 139 R e g iste r e d ........................... 1945 M- S ) M-S * ..........139 1 st con sol g fund 7 s ___ 136 136 99% 100% 6 98*4=100% El C cfe N 1 st g 1 st p f 6 s .1914 A-O 5 J-J 99% Sale E rie 1 s t con g 4 s p rior. ; J -J 99 A u g ’O] R e g is te r e d .................... Gold gu ar 5 s ....................1914 A-O ; j -j 87% 36 87% 90 L eh cfe H u d R S e e C ent of N J 87% 87% 87% ; j -j R e g istered . Leh cfe W ilkes-b S e e C ent of N J 45 93*4 96 F-A L eroy < C aney V a l S e e M o P fe 94% Sale 94% 95 ; j - d 133 ......... 133 J a n ’02 . . . . 133 133 L o n g D ock S ee E rie j-j L o n g Isla n d 1 st con g 5S./M 931 B u ff So S W gold 6s. 1 s t coh sol gold 4 s ..........7il931 i> J - J 13 123*4 125% C lue cfe E rie 1 st gold 5 s .. > M-N 123 %124% 124 G eneral gold 4 s ..................1938 124 F erry gold 4% s..................1922 ) A-O 104*4 108 103% A p r ’02 .... 103% 106 J eff R R 1 st gu g 5 s ___ a " A-O 1 3 6 * 4 ......... 1 3 6 4 136*4 11 136% 136*4 > L o n g D ock con sol g 6 s .. Gold 4 s .................................. 1932 J-D U nified gold 4 s ..................1949 M-S ^ M-N 115 Coal cfe l i f t 1 s t cur gu 6s. D eb en tu re gold 5 s ............1934 J-D D ock cfe Im p 1 s t cu r 6 s .. ^ J - J 1 1 8 % .......... 118% A p r ’02 1184118% 1 M-N 1 1 5 % ......... 109 O c t ’98 B k ly n cfe M on t 1 st g 6 s .. 1911 M-S N Y < G reen L gu g os. fe ) A-O 1 1 5 % ........ 115% 115% 1 st 5 s ..................................19] ] M-S 1 U5% 1*18 117 A p r ’02 7 J-J N Y B cfe M R 1 st con g 5 s 1935 A-O 115% 118 7 F-A ........ 1 1 0 N Y cfe R B 1 st g 5 s ........1927 M-S 103 A p r ’02 102 103 ) F-A 109 110*o N o r S liB 1 st con g g u 5 s o l9 3 2 Q-J 110 M ar’02 G en eral gold os. J M-N 1 1 7 % ........ 116% M ay’02 116 116% L o u isv cfe N a s h v g e n g 6 s .1930 J-D Gold 5 s ................ 1937 M-N R e g is $ 5 ,0 0 0 e a c h ... 194.' J M-N 2 J-D 1 1 5 % ........ 115% 1 1 5 4 1 1124115% U nified gold 4 s ..................1940 J -J W ilk cfe E a l s t g u g o s . l R e g iste r e d ....................... 1940 J -J E r ie < P itts S ee P e n n Co fe E v a n s v ille < T erre H a u te fe Coll tr u st gold 5 s .............. 1931 M-N Coll tru st 5-20 g 4 s . 1903-1918 A-O 1 J -J 1 2 3 % ....... 124 M ay’02 123 125% 2 A-O ......... 109*4 112 M ar’02 C ecilian B ranch 7 s ..........1907 M-S 108% 112 E H cfe N a sh 1 st g 6 s ___1919 J - D M t V e r n o n 1 st gold 6 s . . 192: ; A-O 1 1 0 ........ L Cin < L ex gold 4 % s ...l9 3 1 M-N fe Bull Co B ranch 1 st g 5 s .1 9Ii 1 A-O 100 N Ocfe M 1 st gold 6 s ___1930 J -J 114 M ay’02 . . . . 114 116 E v cfe I nd 1 st con gu g 6 s . . 192 3 J - J N O cfe M 2d gold 6 s ........1930 J -J r^argo < Bo S ee C h M So Bt fe JJ 1int. cfe P ere M S e e P ere M i r P e n sa co la D iv gold 6 s . . . 1920 M-S Choc Ok tfe G gen g 5 s o il) 1.0 Ctn H cfe 1) consol s t’ 7 s . . . 1005 2d gold 4% s..........................1937 Cin D cfe I 1st gu g 5 s . . . 1041 C I S t li < C S ee 0 C C cfe S t L fe Cin S & C C C C St L C lear 1 eld cfe Mali S ee B R cfe P 1 C lev ela n d C in C h ic & S t Louis G eneral g *ls....................... 1903 Cairo D iv 1 st gold 4 s ----- 1030 Cin Wcfe M D iv 1 s t g 4 s . 1991 S t I, Div 1 st col ir g 4 s . .1 9 9 0 P rice F rid a y M ay 2d 112 1 103% 106 Lo6% io o % 1 0 1 34 100% M ay’02 101% Oct ’99 100 N o v ’O O 113% F e b ’02 113% 114% 124 M ay’01 90 N o v ’98 131 A p r ’02 124 S e p ’01 104% A p r ’02 126 130*4 129% 107 106 107*2 101 i ’ 4% 104% 0 O ct ’01 104 L29% 1 31 M ar’02 101 105% M ar’02 102*2 123 io l 78 118*2 72% Sale 105% 105% 102% M ar’02 108% 108 100 121% 122*2. to o . 100 I 75 M a v ’02 121% 127 I GO 119 A p r ’02 96*2 M ar’02 II 6 * 4 72 72% 63% Oct ’00 75 95 41 il7 % ----109*2 108 96 *104 111*4 111% 108% N o v ’01 118% M ay’02 109% Oct ’99 109 J ’n e ’01 97 106 80 119% 97 71*4 74 109 110% 20 i c h T i i T ’ 1 1 8 %1 2 0 % N o v ’01 101% Sep ’99 1 2 1 %122 122 M ar’02 104 104 100 119% *103 104 103 116 117% 112% 113 . . . . . . 110% F e b ’02 111*2 Sale 102% 120*4 1 2 2 1 2 1 % 1 2 2 % 1 2 1 * M ay ’ 0 2 2 1 1 8 .......... 117% F e b ’02 112*2 S ale 112% 112% 107 104% 104% F e b ’02 Oct ’00 13 10 2 *6 102% 1 0 2 111 J a n ’02 1 0 7 % ......... 109*2 J ’n e ’01 * 1 1 5 % ......... 112 M ar’02 1 1 3 % ......... 112% J a n ’02 1 1 2 .......... 112 %A p r ’02 119% 121% 121 M ay’02 1 1 5 % ......... L17 A p r ’02 103*4 103 ]03% 103 10 0 J a n ’02 1 1 0 % ____ 115 F e b ’02 100 100 1 0 0 10 1 106 D e c ’00 115 M ay’02 116*4 103 J a n ’98 111% 130* _ F e b ’02 131% 124% A p r ’02 125 116% M ar’02 110% 102 104 104% 104 99 102% 111 111 112 118 112% 1 ] 2 % LI 2 % 114% 118% 12 2 116 117 50 100% 103% 100 16 100 115 115 10 0 101% 114% 116 128% 130% 122 124% 115 116% M ISC E L L A N E O U S BO ND S—C ontinued on Next P a g e . K a s an d E le c tric L ig h t it Ch G L So O Co S ee P G So C C o C olu m b u s G as 1 s t g 5 s ___1932 Conn Ry cfe L S ee S tr e e t R y Con G jw C o S ee P G < C Co fe D e tr o it C ity G as g 5.h......... 1923 D e t G as Co con 1 st g 5 s. ..1 9 1 8 E d El HI Bkn S ee K Co E L<fe P E d E HI S ee N Y C So E h l i So P Ed G L N Y 1 s t con g 5 s .. 1932 Ed G So Fuel S e e P G cfe C Co G as A E lee Berg Co c g 5 s . 1949 Or lean G L Co J sI g 5 s . . . 1915 K C m o G as Co Jst g 5 s . .. 1922 K in g s Co lA lj So P g 5 s . . . 1 937 Caw a n d E le c tric L ig h t J -J J -J F-A M-S 96% 97% 1 18 122 97% 97% 118% O ct ’01 D 61 * O ct ’01 2 F A ...................... 107% D e c ’00 A Ol ......................... A o P u r c b a e e m o n e y 6 s .......... 1 99 7 A o 124 Bale 124 124 Ed El /! Bkn J s t c o n g 4 s 1939 J J 97 %......... 98 98 L a o (> ;» 1 , of 8 1 L J y.t g 5 s el 91 9 Q F 108% Bale 108% 109% M u t V <el G as Co S e e p e o p Gasl N o price F /id , 1 /, la te st bid and ask ed th is w eek, N ew ark Con s G as con g o a l 948 N Y G E L H < P g 5 s . . . 1948 fe P u rch ase m on ey g 4 s . . . 1949 Ed E l 111 1 st Conv g 5 s .. 1919 1 s t consol gold 5 s .......... 1995 19 92% 97% N YcfeQEl Lcfe P 1 st con g 5 s l9 3 U P aterson < P G < E g 5 s. 1949 fe fe P e o G as cfe C 1 st g u g 6 s .. 190 1 2d guar gold 6 s ..................1904 1 st con gold Os....................194 3 R efu n d in g gold 5 s ............ 1947 Gh O-Lcfe Cke l s t g u g 5s 1937 — -----*............. Con G Cool' Ch ls t g u g 5 s . ’36 E(j G cfe F C h l s t g u g 6 s . 1905 M u F u el G as l s t g u g 5 s . 1947 124 124 i T ren ton G cfe LI I s t g 5 s . . l 9 4 9 97 98 U tica E L cfe R 1 st s Fg 5 8 .1 9 5 0 9 1074110 a D u e Jan 112 % 116% 116% 116 A p r ’02 96 96% 104 95% 98% 100 4 1 0 9 107*4108% 106 %A p r ’02 *121................. 121% A p r ’01 1044107% 106% 107 107 M ay’02 113 96% Sale 103 ___ 1 0 5 % ....... 1204122 109 110 1 0 7 % ....... 104 ....... 101 107 10 7 J ’l v ’OG 10 6 M ay’02 121 M a y ’0 2 10 6 D ec ’08 109*o 109% 109% jLpr’02 105 A p r '02 106 M ay '62 109 F e b ’OJ 103 106 120% 126 109 110 108 *s 109% 102 4 105 105 106 1 d D u«A pr e D uo May h D uo J ’ly k D u e A ug 0 Duo Oct q Duo D ec s O ption sa le Bond E eoord—Continued—“ Page 8 1070 HONUa Wee/c’a K a n ye o r L a st S a le )C K E X C H A N G E E n d in g MAV 23 l 'fa sk v —( Continued -.utter B ilg e ltt u lu e k y C en t c X A MA M l Fkt A H l i t g u i A A tl l i t t e 7s A la Cull lit f in k lu u d L A J elf Btlgt L N A •la. 191 Metr< Man S M e K ’p M etros M e x C'i LZ I1 AC A < ut i\ia dtL la . J J til F ly uL U LC lilt3 g 1 IO F iy 'imjj fc coll g o ld S s........1917 A O •iea gold 5 a ........... 1919 A O m a t 1st con g la . 1977 M-S M. 1st da otfs d e p ..l9 2 7 C tfs ut dep 2 itiu c 0 a A .ftl'J l'i Ctta of dop 1 < iuc lia B .f t lb 17 7t M e x Nor tli la t go Itl u s . 1910 J O M ich C ent S ee N V Cent Mitt of N J S ee Erie M il L H A W S ee Chic A N W MU A Mad S ee Cldc A N W M il A N orth S ee CU M A S t 0 M in u A S t l i la t gold 7 a .. 19*27 J -D Io w a E x 1 st gold 7 s ....... 1909 J - D Paoitio E x 1st gold d a ... 19*21 A - O South W eal E x la t g 7a. 191 0 J-D l a t con sol gold 5 a..............1931 AIN l a t and refund gold 4 s . .1 9 4 9 M-S M inn A S t L g u S ee B C H A N M A P l s t o s s t p i l l s in t g u 193d J - J M S S M A A la t g 4 in t g u 1926 J - J M S t P A S S M con g 4 i n t g u ’38 J - J M lun Un S ee S t P M AM Mo Kan A T e x la t g 4 s . . . 1990 J - D 2d gold 4 a ................ 01990 F-A 1 st e x t gold 5a................... 1944 M-N S t L 1)1 v 1 st ref g l a ___2001 A O D al A W a 1 st g u g 5 s . . . 1940 M-N K an (J A Pac 1st g 4 s . . . 1990 M-S M K A T of T 1st gu g 5 s. 1942 J - D Sher Sh A So 1st gu g 5 s. 1913 F-A T ebo A N eo sh o 1 st 7 a ... 1903 J -D Mo K A E 1 st g u g 5 s ........1912 A-O M issouri P acific 3d 7 s ........1906 M-N 1 st con sol g o l d 6 s ...« ____ 1920 M-N T ru st gold 5s stam ped. « 1 9 1 7 M-S R e g is te r e d ................. a 1917 M-S 1 s t coll gold 5 s ................... 1920 F-A C ent B r Ry 1st g u g I s . 1919 F-A Leroy A O V A L 1st g 5s 19*20 J - J Pac R of Mo 1st ex g I s . 1938 F-A 2d exten d ed gold 5 s . ..1 9 3 8 J - J St L Ir M A S gen con g 5 sl9 3 1 A -0 G en con stam p gtd g 5s 1931 A -0 U n ified A ref gold 4 s .. 1929 J - J V erd i V I A W 1st g 5 s. 1920 M-S M iss R iv B rid ge S ee Cldc A Alt Mob A Birin prior den g 5s 1915 J - J M ortgage gold I s ............. 1945 J - J Mob J a ck A K C 1 st g 5 s. 1940 J - D Mob A Ohio n ew gold 6 s .. 1927 J-D 1 st ex ten sio n gold 6 s . . h 1927 Q-J G eneral gold 4 s ................. 1938 M-S M o n tg o in D iv 1 st g 5 s . .1947 F-A S t L A Cairo g ii g 4 s ___1931 J - J C ollateral g 4 s ..............e l9 3 0 Q-F M A O coll I s S ee Southern M ohaw k A M ai S e e N Y C A H M onongahela R iv S ee B A G M ont C ent S ee S t P M A M M organ’s La A T S ee S P Co M orris A E sse x S ee D el L A W Chat A S t s t 7 s. 1913 N ash con sol goldL51 ......... 1928 J -J 1 st s A -0 J a sp er B ran ch 1 st g Os.. 1923 J -J M cM M \Y A A 1 st GS..1917 J -J JL T A P B r a n d i 1st 6 s ___1917 J -J N a sh FI or A Slief S ee L A N N a t of M ex prior lie n 4 4 s . 19 2 6 A - 0 1 st con sol 4 s .......................1951 A - 0 N e w H A D S ee N Y N H A H N J J u n e R R S ee N Y C ent N e w A Cin B d ge S ee P e n n Co N O A N E prior lie n g 6s p l9 1 5 A - 0 N Y B k ln A M an B ch S ee L I N Y Cent A H R 1 st 7 s . . . 1903 J -J R e g iste r e d .......................1903 J -J Gold m ortgage 3 4 s .......... 1997 J - J R e g iste r e d ...................... 1997 J - J D eb en tu re 5 s o f . . . 1884-1904 M-S R e g iste r e d ........... 1881-1904 M-S R e g ist deb 5s o f . . .1889 -1 9 0 4 M-S D eb en tu re g 4 s ___1890-1905 J -D Register® d........... 1890-1905 J -D D eb t certs e x t g 4 s ......... 1905 M-N R e g is te r e d ...................... 1905 M-N L ake Shore coll g 3 4 s . . . 1998 F-A R eg istered .......................199S F-A M ich C ent coll g 3 4 s ___1998 F-A R eg istered .......................1998 F-A B eech C reek 1 st g u g 4 s . l 9 3 6 J - J R e g iste r e d .......................1936 J - J 2d g u gold 5 s ................. 1936 J - J Cart A Ad 1 s t g u g 4 s . . . 1981 J-D C learfield B itu m Coal Corp— 1 st s f in t gu g 4s ser A 1910 J -J G out A Os we 1 st gu g 5s 1942 J -D Lit c« K a n je '> nee < January 1 J -J Q-J (j- J J -J M-N 100 M ar’02 100 k A p r ’02 > 1 0 0 4 Oct ’00 109 O c t ’99 ......... ------ 1 1 4 4 A p r ’02 M-N 1 1 3 4 Oct ’01 107 Sale 1124 107 1124 1074 1 1 0 4 M ay ’ 02 P ric e P riday Ma y S3 \K id M oli A Mai 1st g u g 4 s .. 1991 M-S Incom e 5 s ........................1992 Sep N J J u n e it gu 1st 4 s . ..1 9 8 6 F-A 101 May’u2 99 1 0 1 4 R e g iste r e d ................ ... 1986 F-A 110 . . . . N Y A t'u 1st con gu g 4a 1993 A O 110 4 M ar’02 n o i 1104 N or A M ont 1at gu g 5 s. 1916 A O I 1 4 4 11 ti l l l ;h F e b ’02 112 1 1 4 4 L13 JB M ar’02 W e st Shore la t 4 s g u . ..2 3 6 L J-J 112 1 1 3 4 liP c .... 115 D ec *01 R eg istered ......................2 3 6 1 J-J l.ako Shore consol 2d 7s. 1903 100 Mar'Ui R eg istered .......................1903 99 . . . . Gold 3 4 « ...........................1997 R eg istered ................... 1997 IOI^q 105 104 105 D ot Mon A T ol 1st 7 s. 1906 3 10441074 105 4 May'01 Ku A A G U 1st gu c 5s. 1938 114 i l l ' Sa il 114 Mahon O'l Kit 1st 5 s .. 1934 o ' i i T ’ i i ‘4 4 P itts MCK A Y 1s t gu 6 s . 1932 J -J 2d guar 6 s ........................1934 J -J M cK ees A B V 1 st g 6s 1918 J -J 83 Sale 824 M ich C ent 1st c o n so i7 s. 1902 M-N 85 8 3 4 3 7 82 32 4 Hale 32 4 71 3 0 4 3 6 4 1st consol 5 s ................... 1902 M-N 314 32 2 0 4 2 5 4 6 s .........................................1909 M-S *214 22 4 2 0 4 o s .........................................1931 M-S R e g is te r e d ..................1931 Q-M 9 0 4 J ’l v ’Ol 4 s .........................................1940 J-J 1 0 1 Feb ’02 R egis tered ................... 1940 J-J 1 0 0 4 101 9 9 4 Dec'01 B a t C A iStur 1st gu g 3 s. 1989 J-D 4 0 4 Mar’02 N Y A H arlem g 3 4 s . ..2 0 0 0 M-N 35 40 k 105 May'00 R eg istered ...................... 2006 M-N 100 4 N Y A N orth l st g 5 s . .. 1927 A-O R W A O con 1st ext 5s. ft 1922 A-O O sw e A It 2d gu g 5 s . . . ^1915 F-A R W A O T R 181 gu g 5 s . 191S M-N U tica A Blk R iv g u g i s . 1922 J - J 148 1 4 7 4 tan ’02 1 4 7 4 1 4 7 4 N Y Chic A S t L 1st g 4 s. 1937 A O 121 121 A p r ’02 R egistered .......................... 1937 A-O 119 121 1 2 6 4 A p r ’02 127 126 4 1 2 7 4 N Y A G reenw Lake S ee Erie 124 121 J a n ’02 N Y A lia r S ee N Y C A II ml 121 121 122 4 1 2 2 4 123 1 2 0 4 1 2 4 4 N Y Lack A W S ee D L A \V 105 105 N Y U A W S ee Erie 103 4 1 0 6 N Y A L ong Br S ee C ent of N J N Y A N E S ee N Y N H A H 103 N o v ’Ol 97 N Y N H A lia r 1st r e g 4 . . 1903 J-D 3 98 A p r ’01 C onvert deb certs $ 1 ,0 0 0 ....... A -0 Sm all certs $ 1 0 0 .................... 1 0 1 4 Sale 1 0 1 4 1 0 1 4 36 98 1 0 1 4 H ou saton ie R con g 5 s .. 1937 M-N 103 8 1 4 8 4 4 83 Sale 82 4 83 N 11 A D erby con g 5 s .. 1918 M-N N Y A N E 1 st 7 s ........... 1905 J-J ......... 1 0 6 4 1 0 6 4 1 0 6 4 24 103 108 1st 6 s .................................. 1905 J -J 102 .......... 102 4 May’02 ' 102 1 0 6 4 N Y A N orth S ee N Y C A II N Y O A W ref 1st g 4 s . . 01992 M-S 90 4 ......... 9 0 4 May’02 90 4 92 *105 ......... 106 A p r ’02 R eg is $5,000 o n ly ......... 01992 M-S 1 0 4 4 10738 105 4 Jan ’02 1 0 1 4 105 4 N Y A P u t S ee N Y C A 11 N Y A R B S e e L ong Island 112 ........ 1 1 1 4 May’02 111 1 1 3 4 N Y 8 A W S ee Erie 1104113 1 1 0 4 110 h 1 1 0 4 1 1 4 3 4 N Y T ex A M S ee So P ac Co N or A South 1 st g 5 s ......... 1941 M-N 1 2 2 4 Sale 1 2 2 4 122 k 122 126 *107 ........ 1 0 7 4 1 0 7 4 10634 1 0 9 4 N orf A W est gen g 6 3 ....... 1931 M-N Im p rovem ’t A e x t g 6 s ..1934 F-A 107 108 107 A p r ’02 N e w R iver 1 st g 6 s ........1932 A -0 106 1 0 8 4 92 4 ....... N A W R y 1st eon g 4 s. 1996 A O 934 93 4 9 1 4 95 100 Mav’Ol R eg istered .......................1996 A-O 105 108 1 0 5 4 M a y ’02 C C A T 1st gu g 5 s ......... 1922 J -J 10441074 Scio V A N E 1 st gu g 4 s 1989 M-N 1 1 5 4 ......... 114 J a n ’0*2 114 114 10 1 1 5 4 1 2 0 116 Sale 1 1 5 4 116 N orth Illin ois S ee Chi A N W 115 116 115 4 D e c ’01 N orth Ohio S ee L E rie A W 90 92 4 95 94^3 Sale N orthern Pacific— 944 95 Prior lien ry A 1 gr g 4 s. 1997 Q-J 1 0 3 4 ....... R eg istered .......................1997 Q-J 1 1 2 .......... 1 1 0 4 J ’l y ’O General lien g o ld 3 s ___a2047 Q-F O 90 .......... 93 A p r ’02 R egistered ................... a2047 Q-F 93 93 4 90 ......... 97 Ain*’02 C B A Q coll tr 4 s S ee G t Nor 97 97 S t P aul-D ul D iv g 4 s ___1996 J-D 130 1 3 1 4 13 L5a 1 3 1 34 1 3 1 4 1 3 1 4 126 ......... 127 F e b ’02 R eg istered ................... .".1996 J- D 127 3 2 8 4 99 ......... 100 100 S t P A N P gen g 6 s . . . . 1923 F-A 98 100 R egistered certitic’s .. 1923 Q-F 1 1 6 4 ......... 118 4 May’02 114 1 1 8 4 St P au l A D u l 1 st 5 s ___1931 F-A 9 2 4 ......... 99 O c t ’01 2d 5 s ..................................1917 A-O 1 0 0 4 ......... 9 5 4 N o v ’Ol 1st consol gold 4 s ......... 1968 J - D W ash Cent 1st g 4 s ......... 1948 Q-M N or P ac Ter Co 1 st g 6 s ..1 933 J - J N or R y Cal S ee So P ac N or W is S ee S t P M A O N or A M ont S ee N Y Cent 128 129 128 128 1 2 6 4 1 2 8 4 O In d A W S ee C C C A S t L hio R iver R R 1st g 5 s. 1936 J-D 114 1 1 4 4 1 1 4 4 M ay’02 114 116 G eneral gold 5 s ................. 1937 A -0 119 ......... 113 D e c ’99 Ore A Cal S ee So P ac Co 1 1 5 4 ......... Ore R R A N a v S ee Un Pac 111 D e c ’99 Ore Short Line S ee U n Pac O sw ego A Rom e S ee N Y C 79 7 9 4 104 M ay’02 102 104 10341044 794 8 1 4 O C F A S t P See C A N W 7 9 4 2 0 79 Coast Co 1 st 5 ___1946 P ac of M issouri g eesMo Pac J -D ac S Panam a 1st s fund g 4 4 s . . 1917 A-O Sink land su b sid y g 6 s ..1 9 1 0 M-N *113 Penn Co gu 1 st g 4 4 s ........1921 J - J R eg istered .......................... 1921 J - J 1 0 4 4 ....... 104 A p r ’02 1034104 Guar 3 4 s coll tru st r e g .1 9 3 7 M-S 1 0 4 4 - . . . . 1 0 4 4 1 0 4 4 25 1 0 3 4 1 0 4 4 Guar 3 4 s coll tr ser B . . . 1941 108 109 109 A p r ’0*2 108 1 0 9 4 C S t L A P 1 st con g 5 s. 1932 A-O 1084109 1 0 8 4 A p r ’02 R eg istered .......................1932 A-O 1 0 2 34 104 103 ......... 1 0 2 34 May’0 ‘ 2 Cl A P gen g u g 4 4 s ser A .’42 J - J 102410334 10*24......... 102 4 A p r ’02 S eries B ............................ 1942 A-O 3 0*2 ........ . 1 0 9 4 S e p ’97 S eries C 3 4 s ................... 1948 M-N 101410134 1 0 1 4 . . . . . . 10 1 4 A p r ’02 S eries D 3 4 s ................... 1950 F-A 99 4 ......... 1 0 0 4 J a n ’02 10041004 E rie A P itts g u g 3 4 s B .1 9 4 0 J -J 10041014 100 ......... 1 0 1 4 A p r ’02 S e n e s C............................ 1940 J - J 9 9 4 ......... 1-00 4 N o v ’Ol N A C E d ge gen gu g 4 4 s 1945 J - J 9434 9 5 4 54 94«4 98 9 5 4 Sale P C C A S t L g u 4 4 s A . . . 1940 A-O 94 May’02 93 4 9 6 4 S eries B g u a r................. 1942 A -0 9 4 4 Sale 944 9 4 4 15 9 3 4 9 7 4 S eries C g u a r................. 1942 M-N 93 96 9 3 4 F e b ’ 02 S eries D 4 s gu ar............1945 M-N 1 1 1 4 Sep ’01 i i ’i ' S eries E 3 4 guar g ___ 1949 F-A 106 J ’n e’98 P itts F t W A C 1 st 7 s ... 1912 J - J 117 4 2d 7 s ................................... 1912 J - J 3d 7 s ...............................ft 1912 A -0 P enn R R 1st real e s t g 4 s . 1923 M-N 93 93 95 95 A p r ’02 Consol ste r lin g g 6 s ........1905 J - J T e l e g r a p h a n d T e le p h o n e J -J M-N M-N J -J co-Z k 1 125 4 1 2 7 4 77 4 7 7 4 M IS C E L L A N E O U S A m T elep & T el c o ll tr 4 s 19*29 Comm Cable Co 1 st g 4 s . . 2397 R eg istered ......................... 2397 E rie T & T col tr g s f 5 s .. 1920 M et T & T 1 st 3 f g 5 s .......1918 M u t U n T e l Co S e e AYestn U n N Y & N J T el gen g 5 s ..1 9 2 0 N o W estn T e le g S ee W e st U n W e st U nion1col tr cur 5 s. 1938 Fd and real e st g 4 4 a . -.1 9 5 0 M ut U n T el s fund 6 s . . . 1911 N o rth w estern T e l 7 s . . . . 1904 BONUS* N . Y. STOCK E X C H A N G E W eek E nding M ay 23 JJlyh S o Low Jiifffl N Y Cent tfc U R —( C o n t i n u e d ) 125 4 125 4 77 4 A p r '02 113 N o v ’9 9 a. 1931 i. .1987 191* ,..1 9 3 7 L. 19*21 l.. 193ti l1 la » AiAaiii H Low | [VOL. l x x i v , 105 Week's K a n y e or L a s t S a le A sh Low K a n ye S ce 5 iQ J a n ina r y 1 ^ u High A 0 Low JJiyti 107 4 J ’l y ’oo 1 1 0 4 D ec ’01 108 D e c ’01 105 4 N o v ’Ol 1 I 112 114 115 1 1 12 4 1144 1144 107 7s A p i ’0 ‘ J io s 1074 1 0 4 * 4 ......... 104«s 1 0 1 4 10 1 0 4 4 108 e .. 109 4 May’02 108 110 4 M ai’00 ill 114 F e b ’0*2 114 1 1 4 4 Sale 127 4 F e b ’02 1 4 0 4 ......... 1463s A p r ’01 131 ......... 1 2 0 * 8 .......... 115 126 4 130 125 115 114 4 1074 1074 109 4 114 12741274 102 «s M a r’02 101 F o b ’02 1 18°s D e c ’01 128 4 A p r ’02 130 J a n ’02 110 L e o ’Ol 1014 1 0 2 4 10141014 12841324 130 1 30 1 0 6 4 N o v '0 0 1 1 5 7s M a y ’OO 123 123 121 4 M ay’02 1 2 3 4 May*0*2 H 3 a4 J a n ’02 121 4 1 2 1 4 1234127 4 1134 1144 110 4 10534 1054108 107 N o v ’Ol 106 D e c ’01 132 4 100 214 212 4 135 4 D e c ’01 A m ’02 A p r ’02 Ja n ’02 2044214 207 212 4 135 4 1 3 5 4 1084 105 4 114 J a n ’00 1 0 6 4 M ar’02 10641064 1034104 104 104 101 4 N o v ’98 103 .........1144 1324134 1 3 2 4 ......... 129 ......... 1 1 6 4 M ar’02 135 4 Ax>r’02 133 4 M ar’02 135 A p r ’02 10134 I 02 1 0 0 4 J a n ’02 1 0 7 4 JTv ’01 11641164 1344 1354 132 133 4 135 135 1014104 4 1004100 4 ......... I l l 1 0 5 4 Sale 215 1014102 109 102 102 1044 Sale 104*8 105 103 4 A p r ’02 734 ’ 7 3 4 ’ 734 73 72 A p r ’02 1024 45 1024 10141044 45 34 112 10441064 10341054 73 72 25 100 1 2 9 4 M a y ’02 132 J ’l y ’99 122 A p r ’02 1 1 0 4 A p r ’02 100 J a n ’02 9 4 4 94 4 F e b ’02 119 May’02 1164 115 *108 1054 io 75 1024 i ’2 9 4 1294 121 122 1104 1124 100 100 9 4 4 944 115 119 117 ....... 1 1 2 4 J ’ne’01 110 A p r ’02 no 110 1144 113 112 1144 1134 102 4 May’02 102 A p r ’02 1 1 2 34 1124 112 M ar’02 10*2 N o v ’98 97 99% 98 May’02 2 1 2 1 4 ......... 122 4 M ay’0 ‘ 1024104 9 9 4 ......... 113 114 1 1 2 3 s......... 122 4 1213s 1044 1034 1024 1*21 9 7 4 99 122412s Oct ’00 102 10 2410 24 1014102 n i3 4 1 1 3 4 1114 112 4 N o v ’00 1 1 4 4 ......... 1144 A p r ’02 1 1 4 4 ......... 1 1 4 4 A p r ’0*2 1 1 6 4 F e b ’01 1 0 6 4 N o v ’Ol 105 96 9 8 4 97 Mav’Ol 1 3 1 4 Mar’02 1 3 1 4 May’02 130 A p r’01 1 1 0 4 M a r ’0*2 109 I U 34 1 1 6 4 11434 1 1 5 4 130 130 1314 1314 11041104 B O N D S — C o n tin u e d on N e x t P a g e C o a l a n d Iro n Col F & I Co g en s f g 5 s .. 1943 C onvertible deb g 5 s ___1911 D e Bard el C c b 1 V T 0 A i Gr R iv Coal A C 1st g 6 s .. 1919 — 1 1 4 4 1 1 4 4 J e ll A Clear C A I I s t g 5 s . l 9 2 6 2d gold 5 s ........................... 1926 K an A H C A O 1st s f g 5s. 1951 P leas Y al Coal I s t g s f 5 s .1928 2 112 1 1 3 4 Rook A P it C A l pur m 5 s. 19 16 36 100*8 1 0 9 4 T enn Coal T B iv 1st g Gs.ulO 17 Birm D iv 1 st consol 6 s .. 1917 11041134 Cah C M Co 1 st gu g 6s. 19*22 D e Bar C A 1 Co gu g 6 s. 1910 W h L E A P 0 Co 1st g 5 s. 1919 99*8 1 0 0 4 10041004 C o a l a n d Iro n Cah Coal M in See T C I & R Clear! B it Coal See N Y C & H SO ......... 55 N o v ’O Ool C So I D ev Co g u g 53.1909 J -J O Ool F u e l Co g en gold 6 s ... 1919 M-N * 1 0 9 4 ......... 115 A p r ’02 . . . . 112 116 * N o p rice Friday; la te st bid and asked th is w eek, a D ue Jan e D ue May F-A F-A 105 4 Sale 105 Side A -0 108 ......... J-D J-D J -J J-J M-N A-O 109 1 1 1 4 J-J 1 1 2 4 1 1 3 J -D F-A 1 0 2 4 Sale J-J 105 1024 1 0 5 4 76 103 1 0 6 4 105 908 1 0 2 4 1 1 1 4 108 108 Jan ’02 May*9 7 . . . . Mav ’07 . . . . ........... F eb ’02 — 106 1 0 6 4 Oct *00 ...... ...... 108 U 1 4 1OS 4 Alay’0 ‘ . 1 1*24 May*0*2 1109 11*24 105 Feb'OO 102 108 8 ! 1 0 1 4 UU 82 Jan ‘00 . . . . 108 107 SO 10 6 4 105 M a n u fa c tu r in g A In d u stria l Am er B lo y o le s fd eb en 5s 1919 M-S 66 0 6 4 68 Am Cot Oil e x t 4 4 a ........... 1915 Q-F 1 0 0 100-4 1 0 0 4 y Duo J ’no ft Due J ly /> Duo Nov a Opt ion snlo 664 1004 42 8! 60 T$ 9 9 4 101 BONDS H . Y. S T O C K E X C H A N G E W iCTEIC FNDLNO MAY 23 1017 B ond R ecord— Concluded— Page 4 Ma t 24, 1902.] * 4; P ric e P rid a y M a y 2J W e ek 's S a n y o or L a st S a to Sanyo l r~■ « ■ S in ce ^'0 J a n u a r y / ! l if/h A 0 L o w J /iy /i JlliL s in k L o w Ponn l i l t ( C o n t i n u e d ) 178 103*8 164% W a rra n ts co n v 3 l»s 50 u ..................... 103*8 104 Con cu rren cy 0a r e g ...(/1 9 0 5 Coxvsol gold oh...................ll»H) . . . . ..................... .... Consol gold 4 s ...................IO ld i*0‘ ’ " No‘ j v’97 A Hog Y ill geu gu g -I s ... 10 12 ( ’l <t M ;ir 1st. gu g l %s .. 1905 ■L 08% 1 1 i 1 12Ai Mar’90 ___ ___ 105 ......... ......... ............... , . . . 1) U U Uilfc Lltfo ls t.g u l a g . '06 .... i 1 i %111 % 112 *2......... ill% M a Gr l i i t 1 ox l s t g u g4% $ 10 1 l .... . . . . . . . . . . . . . . . . . . -----S u n i t L ew is 1 st g 4 s . . . 1906 117 May»00 U N J UU i t Call go 11 4 s . 1941 P e n sa c o la ito A t l S ee L i t N ash P e o it Blast S ee C C c i t St■L 130% F e b ’02 130 130*.] Poo it Pole Un 1st g Om— 1021 Q -F 101. O c t ’00 *2(1 gold 4 »as...................... 610*21 M-N P e r e M u r q - K it P J l g 6 s. 1020 A-O 123 1*26 124 %A pr *02 . . . . 1 2 i 125 V 1 st con sol gold o s ..........11130 M-N 1 1 L ......... 115 M ar’02 p. , . 114 115 113 % Sale 113% 113% 20 113% 117 P t H uron I)iv 1 s t g 6 8 .1 9 3 9 A S ag T u s i t 11 L stgu g 4 s . 1931 F 137 N o v ’97 P in e C reek reg g u a r O s... 193*2 J P it t s Cm i t S t L S ee P en n Co P it t s O lev i t T ol 1 st g 6 s . . 19*22 A-O 122 ......... 107% Oct *98 P it t s F t W i t Cli S ee P e n n Co P it t s J u n e 1 s t gold 6 s . ___1922 - J 1 2 4 % ......... 120 O c t ’01 I ll ......... P it t s i t L F rio 2d g 5 s ...a l9 * 2 8 P it t s M cK ees it Y S ee N Y Cen 121 121 1 1 9 34 .......... 121 M ay’02 P it t s Sli i t L F 1 s t g 6 s . . . 1940 9 8 J ’l y ’97 1 st con sol gold 5 s ............. 1943 100 101% 101% 102 101% M ay’02 P it t s i t W e st 4 st g 4 s ........4947 ......... 101% 101 A p r ’02 . . . - 101 101 J P M i t Co certt's..................... 121 %M ar’01 P itts Y i t A sh 1 st con 5 s. 1927 99 38 100 101 97% 100 100 S ale 1 > ending Co g en g 4s*.___ 1997 92 A p r ’01 JLv R e g iste r e d ....................... 1997 25 95% 98 96 95% 96% 9 6 J e r s e y C en t coll g 4 s . . . 1951 R e n sse la e r i t Sar S e e D & H R ich i t D an S e e S o u th R y R ich i t M eek S ee S ou th ern 101% 27 100 102% R io Gr W e st 1 s t g 4 s .......... 1939 101% Sale 101 9 2 34 A p r ’02 . . . . 92% 95% C onsol and col tr u s t 4 s .1 9 4 9 93% 96 * 92 .......... 97 J a n ’02 U ta h C ent 1 s t g u g 4 s .a l9 1 7 97 97 R io Gr J u n e 1st gu g 5 s . . . 1939 11 4 .......... 114 M ay’02 112% 115% 82% A p r ’02 . . . . S2 R io gr So 1 st gold 4 s .......... 1940 84 S6 82 % 94% M ay’02 91 94% G u a ra n teed ......................... 1940 R och i t P it t s S e e B R i t P R om e W at i t O g S e e £1 Y Cent R u tla n d 1 s t con g 4% s___ 1941 101% N o v ’01 R ut-C an ad 1 s t g u g 4 %s. 1949 a g T u s <t 11 S e e P ere M arq t L ak e C 1 s t g s f 6 s .. 1913 2 95 S t Jo i t Gr Isl 1 s t g 3 -4 S ..1 9 4 7 97 98 98% S t L aw <t A diron l s t g 5 s . 1996 __________ 2d gold 6 s ............................ 1996 S t L i t Cairo S ee M ob i t Ohio S t L i t Iron M o u n t S ee M P S t L K C i t N S e e W abash S t L M B r S ee T R R A of S t L S t L i t S F ran 2d g 6 s Cl B 1906 107 .......... 107% May*02 107% 111% 2d gold 6s C lass C............1906 107 .......... 107 M ay’02 107 110% G en eral gold 6 s ..................1931 * 1 3 2 . . . . . . 132% A p r ’02 131% 134 G en eral gold 5 s ..................1931 3 115% 118 118 1 1 6 3 ......... 118 4 S t L i t S F R R gold 4 s .. 1996 9 8 .......... 99 M ay’02 96 100 S o u tliw D iv l s t g 5 s . .1 9 4 7 100 J a n ’02 100 100 R e fu n d in g g 4 s ............. 1951 97% 26 96% 98% 9034 97% 96% K C F t S i t M c o n g 6 s . .1 9 2 8 125 ......... 1 2 3 % D e c ’01 K C F t S i t M R y r e f g 4 s 1936 9 0 34 91 14 90% 94% 91 91 R e g is te r e d ....................... 1936 ...................... S t L o u is So S e e I llin o is C ent S t L S W 1 s t g 4 s bd c tfs .1 9 8 9 98% S ale 97% 98% 192 96% 1 00% 2d g 4 s m e bond c t fs ...jp l9 8 9 -J 84 85 83% 84% 16 77 88 T r u s t Co e t f s ............................ 81% Sale 81 81% 83 80% 81% G ray’s P t T er 1 s t g u g 5 s 1947 J -D 1 0 2 % ......... S t P a u l i t D u l S e e N o r P a cific S t P a u l M i t M an 2d 6 s . . . 1909 1 1 4 116 114% M ay’02 114% 117 1 s t co n so l gold 6 s .............. 1933 140% 141 141 A p r ’02 . . . . 137% 141% R e g is te r e d ....................... 1933 1 3 9 % .......... 140 M ay’02 139 140 R ed u ced to gold 4 % s ..l9 3 3 2 114 115% 115 116 115 115 R e g is te r e d ....................1933 116% A p r ’01 D a k o ta e x t gold 6 s ..........1910 1 1 6 % ii8 % 1 1 4 % .......... 118% A p r ’02 M on t e x t 1 s t gold 4 s ___1937 5 106 109 1 0 7 % .......... 107% 107% R e g iste r e d ....................... 1937 .................... 106 M ay’01 E M m n ls t d .iv l s t g 5 s . .1 9 0 8 1 0 6 % .......... 107% M ar’02 106% 107% R e g is te r e d ....................... 1908 .............. N o r D iv 1 s t gold 4 s ___1948 1 0 4 % ... M in n U n io n 1 s t g 6 s ___1922 128 A p r ’02 M on t C 1 s t g u g 6 s ..........1937 1 4 0 % .......... 141% A p r ’02 140% 141% R e g iste r e d ....................... 1937 115 A p r ’97 1 s t g u a r gold 5 s ............1937 124% 125 i ’ 3 % ......... 125 A p r ’02 2 W ill & S F 1 s t gold 5 s .. 1938 124% 125% 1 2634 .......... 1 2 5 % F e b ’02 St P it N or P ac See N or P ac S t P i t S ’x C ity S e e C S t P M i t 0 S F e P r e s i t P li l s t g 5 s . . . 1942 M-! 111 A u g ’01 S A <t A P S e e So P ac Co S F <t N P 1 st sin k f g 5 s . 1919 J113% D e c ’01 S a v if <t W 1 s t gold 6 s ___1934 A129% 128 ‘ D e c ’Ol 1 s t gold 5 s ........................... 1934 A114 123 D e c ’99 S t J o h n ’s D iv 1 s t g 4 s . . . 1934 J 95% N o v ’01 95 100 A la M id 1 s t gu gold 5 s .. 1928 M-l 1 0 8 % ......... 111 D e c ’Ol B r u n s i t W 1 s t g u g 4 s . . 1938 J9 3 34 ......... 87 A u g ’01 S il Sp Oca i t G g u g 4 s . .1 9 1 8 J 93 ......... 93 A p r ’02 89% 93% S cioto V ai i t N E S e e N or i t W Seaboard A ir L in e g 4 s ...1 9 5 0 A80 Sale 86 86% 77 8 4 87% Coil tr refu n d g 5 s ..........1911 m -: 1 102% 105% 102% 102% 102% 102% S cab i t R oa 1 s t 5 s ................ 1926 j 1 1 4 % .......... 104% F e b ’98 Car C ent 1 s t con g 4 s . . . 1949 j 9 6 34 ......... 96% M ar’02 96% 96% Slier Shr i t So S e e M K i t T S il Sp Oca i t G S e e S a v F i t W Sod B ay i t So 1 s t g 5 s ........1924 1 0 3 % .......... 100 D e c ’Ol So Car <t Ga S e e S ou th ern B o P a c Co—Coll tr g 4 %s.. 1905 99 101% 101% 102% 101 A p r ’02 Gold 4 s (C ent Pac c o li). k 1949 > 95% S ale 95 95% 158 93% 96 R e g is te r e d ................... I d 949 ) .............. 95 A p r ’02 94% 95 A i t N W 1 st g u g 5 s ___1941 111 J ’n e ’01 C ent P ac 1 s t ref g u g 4 s 1949 1 0 1 34 102% 102 102% 40 101% i"04 R e g is te r e d ....................... 1949 ................ 99% J ’n e ’00 M ort g u a r gold 3 % s.. I d 929 88% 88% 10 87 89% 88% 89 . R e g is te r e d ............... k l 929 G al l i a r i t S A 1 s t g 6 s . . 1910 1 1 1 % .......... 112 A p r ’02 109% 112 2d gold 7 s ......................... 1905 107 ......... 108 M ar’02 108 108 M ex < P ac l s t g 5 s ___1931 fc 109% 110% 107% .......... 110% A p r ’02 M ISCELLANEO US M a n u f a c t u r i n g tfe I n d u s t r i a l Arn i Iide So L 1 st s f g 6 s . . 1919 A rn S p irits M fg 1 st gO H ..1915 A m T hread Js t col tr 4 s . . . 1919 B ar So S Car Co 1s t g Oh . . . 1942 Con -ol T ob acco 50-yr g 4 s. 1551 R e g iste r e d 4 « ....................1951 D j ill of A m er coll tr g a s . J 9 1 1 G raniercy B ug 1 st gold 6 h . 1923 111 s t e e l Co deb OH.............. 3.910 N on-con v deben 5 s .........1913 Jn t Pa per Co J st con g 0 8 .1 9 1 8 K n ick erb o ck er Ice (C hicago) 1st gold 5 s ...................... 1928 A-O N a t S ts roll M fg Co 1 st g 6s 1920 M-N N a t Starch Co s f deb 5 s ..J 9 2 5 | J -J S tan Rope So T Js t g 0 8 ... 1946 F A I mx/rne g o ld 5 h................ J9 4 0 U B i u n t l i Co Hr deb g 0 f .1 9 1 3| M-N , BONDS W ISft 1 C YG F UJN<1 MAY 23 H Prion Pet d a y M a y US 9 Week’s U m y e or Last Pate | I Hanye S in c e - /. .January / Hid A8h Juno JJiyi>\ ' o \ ' I / O ’UJ / / i f j l o S o u l h o r n P a c < •> ( C ont n v e d ) J 1*3 G ila VO & N l i g u •• B . 1924 M-N LOS .......... 10 8 Muy'(J ‘2 . .J lO H 100 11oils H »t W T 1-I V ■ . 1933 M-N 107 .......... 106 F e b ’0 2 . . 1 0 5 i > ] mI gu g 5 h rod ecn ia b h .1 9 0 8 M-N 160 .......... ........................... 2 1 LOU 1 1*2 12 1115 11 i t 'J' 0 1 st g r> in t gn . .1 9 8 7 J - J 1 1 1% 1 13% 111% M 1 10 ‘-.j Muy'O ' .. 1 10 % 114 % 1 Lo C o n so l g Oh in f g u n r. .1 9 1 2 A G 94 ‘.j Ji| 9 3 9 5 » m 94 94% 94 '.j Goui g o ld 4rt i n i g lia .1 9 2 ) A-O .......... 1127 % F c b ’o W aco & N VV d iv Lsl 0 s ’3O M-N * 12 9 105 .Jan ’0 2 137 (.1 9 1 8 A-O 1 ■ L35 123 1 2 3 % .......... 123 % Jfeb ’02 1 st gold Oh................... .1 9 2 0 J - J N Y Tito M ex gu 1 st g 4 h. 191 2 N o of Cal 1 st gu g Os___1907 G uaranteod gold 5 h ___1938 Ore it Cal 1st guar g 5 s. 1927 S A <t A P ass 1s t gu g 1s , 194 3 So Pot' Ar g u l s t g Os c l 909 10 .1 - .J S P of Cal l s l g Os........1905 A-O j st g Os se r ie s is........1905 A-O I s t g G s s e r io s C i t I). 1900 A O 1 st g Os se r ie s E So I f .1912 A-O l s l gold Gs....................1912 A-O 1 st con gu ar g 5 s ___1937 M-N S ta m p e d ........1905-1937 M-N S P ac of N M ex 1 s t g 6 8 .. 1911 J -J S P C oast 1 s t g u g 4 s ---- 1937 J - J T ex it N O 1 st 7 s .............. 1905 F-A Sab in e D iv l s t g 6 s ___1912 M -S Con gold 5 s ......................1943 J - J S ou th ern —1 st con g o s ---- 1994 J - J R eg istered ....................... 1994 J - J M ob & Ohio coll tr g 4 s .. 19 3 s M-S M em D iv 1 st g 4% -5s...l99(> J -J S t L ou is di v 1 s t g 4 s ---- 1951 J - J A la Cen R 1 st g 6 s ..........1918 J - J A tl ct D an v 1 s t g 4 s ........1948 J - J A ll it Yad 1 st g gu ar 4 s. 1949 A-O Col & G reen v 1 st 6 s ........1910 J - J E T Y a ct Ga D iv g 5 s . .1 9 3 0 J - J Con 1 s t gold 5 s .............. 1950 M-N E T en reor lie n g 5 s ........1938 M-S R e g iste r e d ....................... 1938 M -S Ga P a c R y 1 s t g 6 s ......... 1922 J - J K nox ct Ohio 1 s t g 6 s . . . 1925 J - J R ich it D an con g 6 s ___1915 J - J E q u ip sin k fu n d g 5 s .. 1909 M -S D eb 5s sta m p ed .............. 1927 A-O R ich Sb H e c k 1 s t g 4 s . . . 1948 M-N So Car & Ga 1 s t g 5 s . . ..1 9 1 9 M-N V irg in ia M id s e r D 4-5S.1921 M-S S eries E o s ....................... 1926 M-S G eneral o s ....................... 1936 M-N G uar sta m p ed ............1936 M-N W O So W 1 s t c y g u 4 s .. 1924 F-A W est N C 1 s t con g 6 s . .1914 J - J S it N A la S ee L & N Spok F a lls < N o r 1 st g 6 s. 1939 J - J fe S ta t I s l R y 1 st g u g 4 % s ..l9 4 3 J-D Sunb it L ew See P en n R R Syra B in g i t N Y S e e D L i t W r r e b o <t N S ee M K ct T JL er A of S t L 1 st g 4 % s ..l9 3 9 A -O 1 st con gold 5 s ........ 1894-1944 F - A S t L M B g e T er g u g o s . 1930 A -O T ex i t N O S e e So P a c Co T ex i t P a c E D iv 1 st g 6s ..1 9 0 5 M-S 1 s t gold 5 s ........................... 2000 J -D 2d gold in c 5 s ....................g2000 M ar L a D iv B L l s t g 5 s ........1931 J - J T ol i t O C 1 s t g o s ................1935 J - J W e ste r n D iv 1 s t g 5 s . ..1 9 3 5 A -O G eneral gold 5 s . . , ............ 1935 J - D K an ct M 1 s t g u g 4 s ___1990 A-O T ol P ct W 1 s t gold 4 s . ...1 9 1 7 J - J T ol S t L i t W pr lie n g 3 %s. 1925 J - J 50-year gold 4 s ..................1950 A-O Tor H am i t B u ff 1 st g 4 s ./il9 4 6 J -D r D t con 1928 J U ls te a ci tR Re il ti s 1 gr g g4 5 s.1 9 4 7 J --D J n P s. R e g iste r e d ....................... 1947 J - J 1 st lie n c o n v e r t 4 s r ........1911 M-N R e g iste r e d ....................... 1911 M-N Ore R y i t N a v con g 4 s . 1946 J -D Ore Short L in e l s t g 6 s .. 1922 F-A 1 st co n so l g 5 s ................ 1946 J - J U tah i t N o r 1 s t 7 s ..........1908 J - J Gold 5 s ...............................1926 J - J U n i N J R R ct C Co S ee P a RR U ta h C entral S e e R io Gr W es U ta h i t N o rth S e e U n P acific U tica i t B la ck R S e e N Y Cent er l ee Mo P Y ir gV aia In d & SWe SSou th R y in M id e ash 1 s W ab2d gold t 5gold o s ........1939 M-N s ....................1939 F-A D eb en tu re se r ie s A ........1939 J - J S eries B .............................1939 J - J 1 s t lie n equip s f d g 5 s . . l 9 2 1 M -S D et ct Oh E x t 1 st g 5 s .. 1941 J - J D e s M oin D iv 1 s t g 4 s .. 1939 J - J Cm D iv 1 st g 3% s............ 1941 A -O T ol i t Ch D iv 1 s t g 4 s . . .1941 M-S S t Chas B rid ge 1 s t g 6 s. 1908 A -O W arren S e e D el L ac i t W e st W ash C en t S e e N o r P ac W ash O i t W S e e S ou th ern W e st N Y i t P a 1 st g 5 s . .1 9 3 7 J -J Gen gold 3 -4 s......................1943 A-O In com e 5 s ......................... $ 1 943 N o v W est N o Car S e e S ou th R y W est Shore S ee N Y C ent W V a C ent So P l s t g 6 s .. 1911 J - J W h eel’g i t L E 1 s t g 5 s . . .1 9 2 6 A -O W h eel D iv 1 st gold 5 s . .1 9 2 8 J - J E x te n ct Im p gold 5 s . . .1 9 3 0 F -A 1 st co n so l 4 s ....................... 1949 M-S W ilk es i t E a st S e e E rie W il <t S io u x F S ee S t P M <t M W inona i t S t P S e e 0 i t N W W is C ent 50-yr 1 st g en 4 8 .1 9 4 9 J - J 1 09 1 17 i,, 91 90 112 ___ 105 *8 107 105% ___ 107 ___ 115; 108 V 109 . 1151 '-l....... 1 13 J a n ’01 105 •j N o v ’01 0 1 1 2 A A pr *02 ] 1051; A p r ’02 108 D o c ’01 110% J a n ’02 87 % 92 112*8 1 H % 1 0 5 U 1 0 8 ‘i 110*6 110*4 12 0 F eb ’01 107 N o v ’00 10 8 At lOHAj 110*4 A p r ’02 108 108 114 %F eb ’02 01 122% 123 122 Jan ’02 98% 98 99 98% 115 ......... 115 M ar’02 101% 101 S ale 101 119 ......... 120 M ar’01 97 A p r ’02 95% 98 98 .......... 1 2 1 % ......... 121 J ’n e ’01 118 120% 118% 119 1 2 0 % ......... 120% M ay’02 116 116% 117 M ay’02 111 107 122% S ale * i ib 8 ~ i o s " . . . |114.Ha 1 J4.la II. 119% 123 . 8j 122 122 T9 % 6 97 112% 115 *18 99% 101% .... 94 97 4 117 120% . . . . 120 122% — 113% 117 1.28 .......... 128 1 2 6 % .......... 125 121% 123 122 125 129 - - • • 125 127% . . . . 120% 122*2 1 1 1 % ......... 9 0 .......... 109% 112% 112 115% 114% . . 1 1 5 % .......... • • • • 111% 113% . *»• 9 0 90 . . . . 109 111 9 3 % .......... 120 %121 125 M ay’02 J a n ’02 M ay’02 1 0 1 %J ’ly ’00 111% M ay’02 90 M ay’02 109% M ay’02 102 Oct ’99 114 Sen ’01 115% M ay’02 1 1 6 ^ D e c ’Ol 98 A p r ’02 120% M ay’02- !108 % 111 ,115 116*i .......... 117 _ 115 _ 116 98 120 98 121 J ’l y ’OO 114% 114% 112% 11 6 114% M ar’02 1 1 6 % .......... 116 M ar’02 . #4# 116% 116% 1 1 4 .......... 115% M ay’02 . . . . 112% 115% 104 F e b ’01 .......... 121% 121% .......... 97% A p r ’02 111 J ’n e ’Ol 113% A p r ’02 i o o i ’0 9 112% N o v ’01 109 109 S ale 109 .......... 97% 98% A p r ’02 92% 92% 92% 93 90% 91% 91% M ay’02 82% S ale 82 82% .......... 99% 99% M ay’02 113 113 106 S ale 105% 106% 105% M ay’02 107% S ale 106 107% 106 A p r ’02 104% 104% 104% 104% 127 126% 128% 127 118 118 ...........119 117% J ’n e ’01 114% A p r ’02 121 98 1 2 0 S ale 110% 112 120 120% 110% 110% 102 A p r’02 75% 75% Sale 74% 105 106 105% A p r ’02 111% Sale 111% 111% 97 M ay’02 96 97 88 ......... 89 M ay’02 98% 100 98 M ar’02 109 .......... 110 M ay’02 63 119 . . . . 96 121% 102% . • «• 113% 114% 10 107 110% . . . . 98% 98% 1 91 93 • • • • 90 91% 29 81% 87 .... 97% 99% 10 111 113 136 104% 106% . . . . 104% 1 06 3625 105% 110% «• • • 106 106 12 102 104% 1 126 129% 2 117 119% **** 114% 114% 18 118% 121 1 110% 114% . . . . 100 102 922 66% 78% . . . . 105 105% 1 109% 111% . . . . 95 97 . . . . 86% 89 . . . . 98 98 . . . . 109 111% 121 98 35 Sale 120% 121 17 119% 121 98% M ay’02 • • «• 98% 101 99 .......... 40 Alar’01 114 114 112 ......... 114% J a n ’02 112% 114% 116% 113 A p r ’02 • • • • 113 115% _ ......... 112% J a n ’02 _ 112 %112% 113 D e c ’Ol 94 93% 93 93% 21 91 93 93% 94 104% 105 101% 93% S ale 45 1 0 1 % 20 1 0 1 % 1 0 1 % 11 82 79% 65% 88 95 BON OS— Concluded. M iscellaneous 12 A dam s E x col tr g 4 s ..........1948 M-S A m D k it Imp 5s S ee C en t N J 86 86 90 2 80 83 M ay’02 Arn SS Co of W V a g 5 s ___1920 M-N 82% 83 105 J a n ’00 B ’k l’n FerryC o 1 st co n s g 5 s ’48 F-A 00% 67 8U4 64% 69% Chic J c i t S t Yard col g 5 s .1915 J -J 60% Sale 65 %M ar’02 6 0*2 65% H ob ok en L i t I gold 5 s. ..1 9 1 0 M-N 86 92% Mad Sq G arden 1 s t g 5 s .. 1919 M-N 92 *2 02% Safe* 9 2 90 M an B ch H<fcL gen g 4 s .. 1940 M-N 99% A p r *01 99 Jan *99 N ew p N e S h ip i t D 1> 5s $ 1 9 9 0 J - J 1 0 0 100 100 M ay’02 N Y D ock 50-yr 1st g 4 s .. 1951 F -A 106 108 108 *2 May’02 108 112 N Y <t O ut Land 1 st g 08. .1 9 1 0 F-A R R Scour Co 50-yr g 3 * 8 - 1 9 5 1 J - J 2 93 A u g ’O O 98 St J o se p h S tk Y d s 1 st 4 ^ 8 .1 9 3 0 J -J 109 100*2 100*2 1 0 0 110*2 S t L T er Cup p ics S ta t’n Sr Prop 9 4 A p r ’02 95 89 95 Co 1st g 4 H 5-20 y e a r .. 1917 J-I) sB 71*2 73 74 30 55 72 Sale S Y uba Wat Co con g 6 h . . 1923 J -J 10 I7 I 0 *4 Sale Si) Val W at W orks I s t 6 b 1900 M-S 179 0% 10 112 1 16*2 U S Red it R ef 1st w ig 0 s . 1931 112 % 1 J4 11.2*2 M ay’02 N o price Friday; latent bid and ankrMl. a b u o J a n b Duo Feb $ D u o A p r y Duo J ’n e h D uo J ’ly Ic Duo A ng n D u e 93% S ale 80 88 97^4 98*4 94*2 1 0 0 104 105 V .Y .Y /s i ' 82 111 50 97% Sale j b i ” IZIZZI 7 103% 107% M ar’01 F eb *02 . . . . 97% 98 90 Oct ’99 91% D e c ’Ol 10 38 50 90% 100 . . . . . . . . . . . . 101 F e b ’97 113% J ’l y ’00 18 85 89% *87 S ale 86 88 Sop p D u e N o v q D u e D eo a O p tio n s a lo BOSTON STOCK EXOHANG-E—Stock Eecord, Daily, Weekly and Yearly t S h a i ’t) P r ic e s - N o t P e r ( ’e m u 111 P r ic e a S a tu r d a y 77% 77% *96% 97% *•262 9 6 3 * 163 161 • ..........215 197 L97 * ..........163 M onday M ay 19 77% 90 4 it)3 197 *305 * 1 6 6 S i.......... * 1 9 9 201 *19 9 * ..........L65 *285 .......... 2 9 5 * ..........116 *1 7 3 4 42% 42**4 4 4 ^ 97 97% *97 *274 284 *274 230 229 4 230 2 0 9 209 * 7 1 4 73 *79 81 80 82 * 85 87 4 * 1 0 6 107 103 1 0 3 4 87 4 8 7 4 *150 160 *1104 914 34 145 6 235 *9 103 264 *28 *2 107 544 32 13 914 44 145 6 235 103 264 29 24 108 544 32 134 40 404 90% 90% *•90 1% 9QX-, oi) * 1 0 1 102 *1034106 * 1 0 6 110 100 *15 0 I Wednesday M ay 21 964 160 *2 0 8 209 210 68 70 68 79% 7 9 4 80 8 1 4 85 83 86 *84 *84 107 107 *105 104% 1 0 3 4 104 87% 87 87 4 La8t sa le 43 4 4 5 ^ 97 97 27% 2 7 4 235 237 Last sa le L a st S a le 210 210 70 -7 0 80 82 83 *84 86 -1 0 5 107 104% 104% 87 87 4 210 72 82 -Lf Olay M a y 2o 80 98% 261 -1 6 3 *243 200 183 306 16 7 M ay'0 2 M ay’02 *285 .......... 145 14 5 175 A p r '02 43 44 4 96 4 96 4 *27% 28 234 234 171 4 M ay'02 232 M ay’02 209 309 *70 72 83 83 ML 86 85 1 08 *105 105 1044 87% 87 4 95 4 96 115 115 95 114 L a s t S a l e 28 L a s t S a le 40 4 150 152 80% 98% 26 1 164 245 200 A p r ’02 May* 02 170 200 L a 81 S a l e 17b * 9 5 4 96 95 4 95 4 115 115 115 115 *26 264 k 47% * 1 6 0 160 *15 0 1 6 0 *150 85 108 1054 874 F e b '02 96 115 M ay’02 M ay'02 160 27 28 27 27 26 28 28 264 87 87 8 6 4 86% 86 4 8 6 4 864 864 9% 9 9 9 94 9 94 94 35 35 36% 36 4 37% 35 354 36% 128% 129% 1 2 7 4 128% 127% 1 2 8 4 127% 130 118% 118% 11 8 119 119 119 119 118% 178 1 7 8 179 179% 179 179 178 17 9 14% 14% 13% 1 4 4 144 1 3 4 1 4 4 *14 76 764 7 6 4 76 4 76 764 75 4 76 *4 .......... L a s t S a l e 4 M ay’02 *4 k 129% 1 2 9 4 1 2 9 % 129% 129% * .......... 129% 129% V | 54% 5b % 54% 54% 57 53 554 544 524 534 8% *8% 8% 84 84 *84 84 84 84 *8 4 k k L a s t S a l e 280 280 * ..........2 8 0 M ay’02 280 *313 316 8 1 4 315 313 316 -3 1 3 316 315 3 1 5 *180 .......... *180 *180 180 180 180 O3o 2% 2% k2% 2% 2% 2% *2% 24 2% —0 L a s t s a l e 50 J ’l y ’01 *1104 *1104 * 1 1 0 4 .......... L a s t S a l e 206*4 M ar’02 92 *91% 92 92% * 9 2 92% 91% 92 91% 92 *4 44 4 *4 44 4 , 4 *4 44 44 148 1 4 8 * 146 1 4 8 147 148 *147 1 48 145 145 *5 6 6% 5 5% *5 6 6 6 *5 4 235 235 230 236 2 3 5 235 235 235 235*4 2 3 li 10 *9 9 9 9 9 *9 *9 Oi 102% 102% 103 102% 102% 102 102 102 1 0 2 2 6 4 26 4 * 2 6 4 27 264 264 2 6 4 2 6 4 * 2 6 4 27 29 *28 29 29 29 29 29 *28 *28 29 2 2 *2 *2 2% 2% *2 2% *2 2% 10 9 106 1 0 7 4 1 0 7 4 1 0 8 4 1 0 8 109% 1 0 8 4 1 0 9 4 1 0 7 54 54 54 544 54 5 4 4 5 4 4 * 54 544 54% 32 32 32 32 32 32 32 32 32 32 134 134 134 134 L a s t S a l e S5 A p r ’02 L a s t S a l e 7S% A p r ’02 L a s t S a l e 57% M av’02 40% 4 0 4 40% 40% 39% 40% 39 40 40% 40% 90% 90% 90% 90% 90% 90% 90% 90% 89% 89 1 4 L a st S a le 1 A p r ’02 **90 1 4 *•90 1 4 *•90 204 28 ~ 28 2 8 ^ * 2 8 4 29 4 28 28 28 28 102 10 2 101 102 1014 102% 1 0 0 1 0 0 % 102 102 *103 107 " 1 0 6 4 1 0 6 4 * 1 0 3 106 * 1 0 4 4 1 0 6 4 * 1 0 4 4 1 0 6 4 L a s t S a l e 107 M ay’02 '1 0 6 1 0 8 *106 1 0 8 * 1 0 6 109 L a st S a le 14 J a n ’02 25 *85 4 8% 35 125 1184 177 134 764 *4 26 834 9 36 126% 119 179 134 764 *224 234 2 2 4 2 2 4 *23 *3 34 *3 4 34 67% 67% 67 674 674 34 34 34 34 34 12 *11 *11 *11 12 * 2 7 4 2 8 4 * 2 7 4 2 S 4 *27% 54 6 64 54 54 1 •60 *■60 *•75 1 32 32 32 33 *31 35% 35% 36% 36 36 -7 5 *75 •75 *•75 *85 23 234 3% 34 68% 68% 34 *24 12 *11 2 8 4 *28 6 54 1 *•60 32 33 37 37 •85 •75 *9 550 Sales Han ye Since J a n u a r y 1 1002 of the Week Lowest Share* H ighest Lange Jor Previoui Vanr f IQfht i Lowest H ighest 74% J a n 27 84% A pr 18 95 % M a r l2 103% J a n 3 B o sto n & A lb a n y ___100 2 6 0 M ay 2 2 2 6 6 M ay 9 B oston E le v a t e d ........ 1 00 161% F e b 21 173% M a r l4 B o sto n & L o w e ll........ 100 241 J a n 2 2 4 8 A p r 8 B o sto n < M a in e ........ 100 & 191 J a n 2 2 0 9 A pr 28 172 J a n 13 183 A p r 26 D o nr e f ................. 100 B o sto n dL P r o v id e n c e 100 301 J a n 2 3 0 7 Mar 2 6 C hic J u uo H y & U S V 100 3 4 0 152 F e b 2 0 172 M ar20 2 130 J a n 3 130 M ar 20 Do p r e f................. 100 2 0 0 May 7 2 0 2 J an 27 Oou & M o n t C la ss 4 . . 100 164 M ay 8 166% F e b 10 Comi<fc P a ss R iv p ref 100 C o n n e c tic u t l l i v e r . . . lo o 1 2 9 0 J a n 23 2 9 5 F e b 6 102 142 J a n 24 118 M a r l ] F itc h b u r g p r e f............ 100 M aine C e n tr a l............. 100 172 J a n 7 177 J a n 10 M ass E le c tr ic C o s___100 2 1 ,2 0 2 33% J a n 2 8 45% A pr 21 2 9 9 9 2 J a n 13 98% A pr 28 D o p r e f ................. 100 4 2 8 2 6 J a n 15 3 1 M ur 31 M e x ic a n Ce 11t r a l........ 100 4 0 0 2 1 0 J a n 31 2 5 4 A p r 28 N Y N If & H a r t-.... 100 N o rth e rn N 11............lo t) I 7 0 J a n 14 175 J a n 3 2 3 0 J a n 9 2 3 8 A pr 5 N o r w ic h tte W or p ref 1 0 0 Old C o lo n y ....................1 0 0 63 2 0 9 M ay 3 2 1 7 A p r 4 F er e M a r q u e tte ..........100 1 35 6 8 M ay 20 83% J a n 4 195 79% M ay 19 8 8 J a n 31 D o p ref ........... .. 1 0 0 R u tla n d pref . ..1 0 0 2 9 6 7 4 M ay 16 125% A p r 23 100 58 J a n 8 9 0 M ay 13 S e a ttle E le c t r ic ..........1 00 7 0 10 6 M ar 2 2 110 M a r l J D o p r e f................. l o o U n io n P a c in o ..............lo o 4 ,2 3 4 98% F e b 28 107% A p r 21 D o p r e f ..................1 0 0 2 9 6 86% M arl 1 90% J a n 2 V erm o n t M ass 100 172 J a n 15 176 F e b 18 W e s t E n d S t ................ 50 3 3 8 9 4 J a n 2 9 9 M ar 18 D o p r e f .................. 50 51 112% J a n 2 116% M a r 3 1 W isc o n sin C en tra l 100 19% J a n 28 2 8 M ay 7 39% J a n 28 49% M ay 7 Do p rof . . LOO W ore N a sh & R o c h .,1 0 0 18 148% F e b 11 152% M ay 12 42% J a n 8 0 M ay 25 1 J a n 159% J an 2 3 8 J ’ly 189 D ec 168 F eb 2 97 May 143% J ail 126 J an L98 J a n 160 Jan 276 Jan 139 J a n 166 J a n 2 4 J an 77% J an 13% J an • mm F eb 163 J an 2 2 3 J a il 2 05 J a il 3 0 J an 70 Jau 87 J a n 42 A u g 9 8 J ’n e 78% .Ian 8 2 J ail 172 N o v 92% J a n 110 J a n 17 F eb 4 0 %D e c 150 A u g 90% J ’ini 107% May 265 A pr 190 J ’ly 248 A pr 200 A pr 176 A p r 3 07 A p r 162 J ’liu 135 A p r 200% N ov 165 D ee 2 8 6 May 148 A p r 173 N ov 15 J ’ly 9 6 J ’ne 29% Mny 2 17% J ’ne 173 N o v 2 3 1 J ’ne 2 12 % A pr 95 N o v 8 9 N ov 12 0 D eo 61 D eo 108 D eo 132 %M ay 99 M ay 173 % A u g 99 "A pr 118% A p r 24% A p r 4 8 J 'iie 155 A u g 2 ,2 6 5 21 J a n 16 2 5 8 81% J a n 2 2 ,7 2 7 4 J a n 21 1,227 2 8 J a n 24 17,667 116% J a n 6 2 9 0 115 J a n 4 1 ,6 9 6 155 M ar 1 55 5 13 A p r 23 647 73 A p r 24 3% M ay 5 16 0 122% A p r 4 8 ,4 8 2 25 J a n 15 270 7% F e b 6 244 Jan 2 27 2 7 5 J a n 13 2 170 J a u 2 7 10 2 Jan 6 30% A pr 29 88 M arl 5 9% M ay22 37% M ay22 135% M ar31 120 A p r 4 185% A p r 4 17% J a n 7 80% J a n 2 4% M ay 6 130% A p r 30 75 A p r l 4 9% M ar27 28 5 J\lay 0 332% A p r 9 l 8 8 ‘-> M ar31 3% A p r 7 103 F e b 7 189 8 9 J a n 15 8 62 3% M ay 5 22 135 J a n 2 3 05 4 A pr 24 174 2 1 6 J a n 7 30 6 J a n 23 201 10 0 J a n 9 7 25 26% May 17 60 2 8 J a n 23 10 0 1% F eb 25 6 ,3 8 0 85% J a n 8 1,271 4 6 J a n 2 456 29 Jan 2 4 0 0 11 % J an 2 5 80% J a n 22 13% J a n 25 49 Jan 2 4 ,5 8 5 3 9 M ay 19 2 ,1 3 9 8 9 M ay 19 •72% M a r l 1 4 6 3 26% M ar 11 121 9 1 F o b 28 3 86% J a n 11 89 J a n 29 1% J a n 27 106% M arlO 92% M ay2 2 7% M a i2 0 151 A p r 3o 13 M ar 4 2 4 8 A p r 28 9 M ay 15 107 F e b 24 27 J a n 2 2 9 J a n 28 2% M arlO 110 M ay 5 57% M ay 1 33% A p r 28 14% A p r 2 86% A p r 2 18% A p r 14 62% M ar25 46% J a n 7 97 % J a n 7 1*12% A p r 15 3 3 X>Apr 4 106% A p r 4 115% A p r 9 117 A p r 9 1% J a n 17 2 0 O ct 79% D eo 3% J a il 28 A ug 103 D e c 112 D ec 151 J a n 14 G ot 70% M ar 4 F eb 129% N o v 2 0 O ct 7 N ov 217 Jan 184% J a n J53 F e b 1 % D ec 50 A p r 101% A u g 88 D ec 4% N o v 127% J a n 12 A p r 198 J a n 5% O ct 100 ‘ D e c 25% D ec 27 J a n 2 N ov 7 3 S ep 30% F ob 2 3 % J an 9 M ay 74 Jan 13% O ct 46 D ec 33 M ay 86% J ’ly % O ct 34% J ’ne 91 J ’ne i 1 M ar 33 J a n 152% J ’n e 130 J T y 182 M ay 2 1 %Jan 83 J ’ly 4 % O ct 140 A u g 39 M ar 9 % F eb •>70 M ar 288 F ee 182% N o v 3 % M ar 55 F eb 103 L e o 99 Jan 15 J a n 146 A p r 24% J a n 2 2 5 O ct 9 Jau 1 1 0 M ar 29 A ug 2 9 M ay 5 M ar 137 M ar 4gi<> N o v 3 0 S ep 1 0 % May 83 iQA u g 3 4 J an 82% J a n 54% A p r 1 0 1 5a M ay 1 % F eb R a ilr o a d * A teh T op A; Kalita FelOO M iscellaneous A m er A g r ic u l O hem .lOO D o p r e f ..................l o o A m er P n e u S e r v ........ 50 D o p r e f ................. 50 A m e r S u g a r R e fin ___100 D o p r e f..................100 A m er T e le p & T e l e g .i o o A m er W o d le n ..............100 D o p r e f ..................1 0 0 B o sto n L a n d . . 10 C um berl T e le p & T e l 100 D om inion Ir o n S t ........ E a s t B o sto n L a n d .............. E d ison F le e I liu m 10 0 G en era l E le c t r ic ........100 M e r g e n th a le r L ino TOO M e x ic a n T e le p h o n e .. 1 0 M ich ig a n T e le p h o n e l o o M in n G en E le c p ref 1 00 N E C otton Y a r n p r e f 100 N E G as & C T r r e c t s . 100 X E T e le p h o n e ............100 P la n t Comp T r r e e l s . . 100 P u llm a n C o....................1 00 R ee ce B u tto n -H o le 10 S w ift <fc C o....................1 00 T o r rin g to u C la ss A . . 25 D o p r e f .................. 25 U n io n Cdp L ’d & M g . 25 U n ite d F r u it ................100 U n ite d S h o e M a c h ... 25 D o p r e f .................. 25 U S L e a th e r ..................1 00 D o p r e f ________ 1 00 U S R u b b e r ..................1 00 D o p r e f ..................1 0 0 U S S te e l C orp............ 100 D o p r e f..................100 W e s t E n d L a n d .......... 25 W e s t T e le n & T e le " 10 0 D o p ref 10 0 W e s tin g E l & M f g . . . 50 D o p r e f_________ 5 0 W o lla sto n L a n d .......... 5 M ining 2 ,2 2 3 680 30 217 6 342 54 66 Jan Jan % N ov 8 9 I>e0 91 L e e lio F e b 8 8 0 1 8 J a n 14 24% A p r 2 8 59% J a n 3 3 Sep 23% A d v e n tu r e C o n .................... 4% M ar 3 51% O ct 56% A u g 1 50 2% J a n 14 3% A llo u e z ........ ; ................. 25 71% A m a lg a m a ted CopperlOO 2 3 ,S 8 7 61% M ar 2 5 78% F e b 1 60% D ec X 29i8 J ’ue 5 % J ’ne 375 2 N ov 3% A p r 8 .......... A m e r G old D r e d g in g 0 2 F e b 28 1 50 9 F e b 18 A p r 9% M ar 2 7 14% A p r 7 12 A m Z in c L ea d & S in . 25 10 27% A p r 17 35 J a n 31 2 9 D e c 03 A p r 29 A n a c o n d a ........................ 25 3% J a n 1 4 13% M arlO 3% D ee 24% M ar 6% A rca d ia n ........................ 25 2 ,9 4 0 5 % M ar •50 M ay 9 S a l e •70 1 J a n 31 50c. D e c M ay’02 A rnold ........................... 25 35 8 0 6 2 2 J a n 23 3 6 M ay 8 24% D e c 4 3 Sep 34 3 4 A t l a n t i c ......................... 25 37% 37% 37% B in g h a m Con M in& S 50 1 ,5 1 0 20% J a n 17 39% A p r 21 15% J a n 4 3 % A u g 178 M ar 1 Jan *85 5 5 0 •75 M ay 6 l i 20 M ar 6 *•75 *85 B o n a n z a (D e v C o ) ... 10 7 X Jan 7 5% M ay L a st S a le 5 2 Jan 2 A p r ’02 B o s to n (Q u ic k silv e r ) 10 5 A p r 23 6% 6% 8 8 B r itis h C olum (L td )l 5 1 ,1 6 0 6% M ay 2 2 10% M ar 1 011% O ct 23*8 J a n 56 0 5 65 40 5 3 3 A p r 3 0 65 0 F e b 1 5 35 D e c 8 6 0 M ar 560 5 6 0 C a lu m et & I-Iecla___ 25 TO A p r i l 12 J a n 20 T 2 D ec •2 2 % A p r L a s t S a l e '10 M ay’02 C atalpa ( S ilv e r ) .......... 10 20% 20% 20 20% C e n t e n n ia l................... 25 4 ,0 0 0 11 J a n 14 2 8 M arlO 10% D e c 3 4 % M ay 8% M ay 3 84 8 A u g 13 Feb 70 7 J a n 20 84 *8 8% C en tra l O il.................... 25 L a s t S a l e 50 1% D e c 13% J a n 2 J an 8 M ay’02 C och iti T r Co r e c t s .. 10 *25 A p r 24 4 A pr 138 J a n 2 1% N o v 2% F e b 18 *1% 1 3132 13132 1 3132 C on s M ercu r G o ld ... 5 4,031 3 D ec 2 J a n 21 4 M ay 2 2 1 M ar 4 4 68 .......... C o n tin en Z in c & LcL. 10 *3 584 594 584 5 9 C opper R a n g e Con C o l00 1 1 ,4 5 3 43% M a r l7 6 4 A p r 12 4 4 D ec 5 5 is D e e * 44 44% 43 4 3 D a l y - W e s t .................... 20 60 18% M ar 1 46% M ay 6 2 8 N o v 41 J ’n e 1 36 1 36 1 3 4 4 13 7 D o m in io n C oal............1 00 1 ,2 2 5 5 4 J a u 2 14 6 A p r 15 3 2 M ay 5 8 *4 D eo L a s t S a l e 115 115 M ay 13 119 J a il 23 1 0 8 J a n 1 2 0 L e o D o p r e f..................100 M ay’02 7 M ar 5% M ar 1 2 D ec 4 4 1% J a n 16 3% 3% E lm R iv e r ...................... 12 6 ,0 5 4 790 10% M ay 3 15% F e b 3 11% D e c 25 M ar 1 1 4 11% 114 1 1 4 F r a n k lin .......................... 25 8% O ct 3% F e b 7 5% J a n 3 4 D ec 3% 3% G u a n a ju a to C o n so l.. 5 2 ,1 7 8 3% 3% 13 13 13 13 I s l e R o y a le (C op p er). 25 3 ,5 9 8 11 % M ay20 2 5 F e b 1 18% D eo 56% M ay 2 0 4 21% 20 4 2 1 4 M a ss C o n so l.................. 25 1 3 ,3 9 3 15% J a n 15 21% M ay 9 11 J a n 37% S ep 25 3% M ar 4 1 %J ’n e L a st S a le 2 4 2 J a n 28 5% O ot M ay’02 M a y flo w e r ............ 6 wJ an L a st S a le 4 4 Jan 8 4 A ug 3 J an 6 J a il ’02 M erced (G o ld ).............. 15 2 0 S c* . 9 J a n 16 13% M arlO 55% F e b 10% 10% 666 104 1 0 % M ic h ig a n ___ ’ ............... 25 40% 40% 41 41 M o h a w k ......................... 25 3 ,7 4 7 (Z27 J a n 14 4 1 M ay 21 52 2 J a n 56% 7 Jan 3% M ar 3 4 F eb L a s t S a le 4 4% M ar 7 M ay’02 M o n ta n a C oal & C oke 25 5 i 8 D eo 2% 3 5 2 ,8 8 0 2% A p r 15 4% M arlO 4% D ee 2% 3 M o n tre a l & B o s t o n .. 4% A u g L a s t S a le l 1 J a n 25 1% J a n 31 50o. J a n M ay’02 N a t io n a l.................... . 25 5% Oot 4% M arlO 3 A ug 3% 561 3 Jan 2 *3% 3% ’ 3% O ld C o lo n y .................... 25 21 22% 21% 22% O ld D o m in io n (C o p ).. 25 1 ,2 9 5 17% A p r 28 2 5 F e b 1 20 % D ec 38% M ar 62 63 4 62 63 O s c e o la ........................... 25 1,932 58% M ar 2 5 89% F e b 1 72 D ee 1 2 0 S ep 29% 28 294 32 P a r r o tt (S ilv & Copp) 10 2 ,6 7 7 24% A p r 3 0 3 4 F e b 1 27 % D ec 58 A p r 8% S ep 8 % May L a st S a le 5 5 M ay 14 3% F e b 27 M ay’02 P h c e n ix C o n so l............ 25 12 8 1 2 8 13 0 13 0 Q u in c y ............................. 25 34 12 5 " A p r 9 147 F e b 1 125 D ec 187 A p r 3% M ar 3 3 D e c 10 F e b 445 2 J a n 27 24 2% 2% R h o d e I s la n d ................ 25 24 2% D e e 1 0 >8 A p r 2% M ay 9 4 F eb 1 24 24 2% 2 4 S a n ta F e(G o ld & Cop) 10 3 ,6 5 0 2 %J a u L a s t S a l e ■50 •50 J a n 27 •50 M a r l 7 •50 J ’n e 5 A p r ’02 S a n ta Y sa b el (G o ld ). 18 17 4 17% S h a n n o n ____________ 10 3 ,7 2 0 16 % 3 lav 20 1 8 M ay 2 2 175 175 2 3 0 1 70 " A p r 8 2 8 1 F e b 1 2 3 0 D e c 3 6 8 S op . 17 3 1 7 3 T a m a r a c k ...................... 25 2 A pv 16 *62% D eo 58 Fob 170 •50 J a n 6 1% 1% 1% 1% T o o u m s e li...................... 25 . d S 4 J a u 2 12 5 F e b 26 519% Jan 5 8 Sep L a s t S a l e 1 0 0 4 M ay’02 T r im o u n t a in ................ 25 13 4 13% 13% 1 3 4 T r in ity ............................. 25 4 ,3 4 3 11% F e b 19 18% M a r 3 1 0 D oe 41 J 'n o 21 21 4 9 %J an 2 4 A p r 20% 20% U S M in in g v tr c t f s . 25 0 ,6 0 0 13% J a n 14 22% A p r 21 1 6 4 10% 164 17% U n ite d S ta te s O il— 25 1 0 ,2 2 8 11 % J a n 2 18 M ay 6 10% D ee 17 Mar U ta n Con (G old) tr ro4-85 1 ,4 2 0 21 M ay 13 27% F e b 1 18 % Deo 87% Mar 224 224 22 4 23 4% M ay 5 8 % May 19 s o i. 6% M arlO 44 44 4% 4 4 V ic t o r ia ......................... 25 1 ,9 5 0 1 J a n 14 8 % M ay 2 l l %D oe 10 F eb 3% 3% 3% 3 4 W in o n a ......................... 25 3 ,4 6 0 97 4 2 J a n 11 5 6 Mav 7 4 4 Deo 73 S ep 56 4 55 4 *5 5 5 6 W o lv e r in e .................... 25 1% 1 % W y a n d o t......................... 25 3 ,0 7 0 •75 J a n 21 2 % F eb l May 1 % M ay*21 1% 14 1 9 0 1 . d B e fo r e p a y m e u t of a s s e s s m e n ts c a lle d d u r in g 1 9 0 2 . * B id a n d a sk ed p ric es; no s a le s on t ills day 24 23 *3% 3% 69% 704 3 34 12 114 *28% 29 6 6% 1 Last 34 344 374 374 *•75 *75 10 9% *9 555 5 6 0 *550 5 6 0 550 •15 *•10 *15 * • 10 *•10 •15 20 204 19 4 20 184 184 *8 8% 8% *8 *8 8% •ol) •50 * .......... *50 *•20 **20 1% 2 14 1% 1% 1% 3 3 3 *2% 3 3 58% 58% 56 56 4 5 6 4 58% 44% 44% *44 444 * 4 4 4 45 134% 134% 1 3 6 136 136 1 3 6 - 1 1 6 .......... * 115 117 *116 3% 4 *3% 34 34 34 11 11 *11 11 11% 114 4 4 3% 4 4 3% 12% 13% 1 1 4 12 4 12 4 13 20 21 19 19% 19% 20% 3 *2% 3 *2% 3 *2% * * 9 2 * 2 10% 10% 1 0 4 11 104 104 40 40 41 40 384 404 4^ *34 44 *34 44 ,,3 4 2% 3 2% ‘% 2 2% 2% 2 2 *14 2 *14 *14 3 3 3 *3 3% 3 20 21 21% 21% 20 21 614 624 6 0 4 62 6 0 4 62 27 27 26 26 27 27 5 5 *4% 5 *4% *4% 1 3 0 130 130 1 3 0 *125 130 *9 2% 24 24 24 2% 2% 24 24 24 24 24 1 *•50 1 *•50 *•50 1 16% 17% 16% 17 1 6 4 16% 170 173 1 7 2 175 T 6 S 174 1 7 0 170 2 *1% 2 *1% 14 14 *14 14 k * 1 0 0 * .......... 100 100 * .......... 100 12% 13% *13% 1 3 4 1 2 4 12% 1 2 4 12% 20% 21 20 20% 20 4 2 0 4 204 204 16 17 15% 16 16 16 15% 16 22% 22 22 22 22 224 214 214 4% 4% 44 44 44 44 44 44 34 3% 3 3 3 3% 34 34 55 56 56 55 * 5 4 4 56 55 4 5 5 4 1% 1% 1% 1% 1% 14 14 1% b B e fo r e p a y m e n t of a s s e s s m e n t s c a lle d for d u r in g 8 8 *545 5 5 5 *•10 *15 184 194 8 8 **30 *50 14 l 7s * 3 .......... 56% 5 7 4 * 4 4 4 45 1 3 6 136 * 1 1 5 117 *34 4 11% 11% 34 34 *13 134 1 9 4 19% *2% 3 . . . . .t 2 104 104 39 394 *34 44 2% 2% *ix> 2 *34 3% 1 9 4 20 634 634 *26 27 *4% 5 *125 130 *2 4 24 *24 2% *•50 1 T h u n may M ay 2 ^ 80 79 7 8 4 78% 98 4 98 4 97 4 *97% 98% W) — * 2 6 L 2 6 2 1 2 6 0 2 6 0 ■ 163 163 *163 164 163 *243 24 5 245 243 243 200 200 199 199 2 0 0 L a at S a l e 183 * ..........183 *305 .......... L a at S a l e 167 166 166 *167 4 ...................... L a s t 8 a le 201 *19 9 2 0 L L a at S a l e * ..........165 165 ’ 28 5 * *ioO 145 145 145 145 145 * 285 145 *1734 44% 45% 44 444 44 4 97 97 97 4 97 4 97 4 *27 27 27 28 *230 2 3 0 % 231 238% 230 295 U6 209 7L 7‘ 4 794 J 81 80 *84 86 107 107 102 4 103 87 4 87 4 96 .......... *115 264 264 864 8b4 9 94 *35 36 12641274 119 119 1 79 179 134 134 76 76 *4 129% 129% 52% 54 84 84 * 280 3 1 6 3L5 •1 8 0 *2% 2% vl Li 784 96% 97 263 262 163 163 245 197 * 197 183 *305 1.... 135 4 *199 201 7 209 : 16 *115 Tuest lay M ay 20 STO O K 8 B O S T O N ST O C K EXCHANGE 24 3% 71% 3 114 29 4 64 234 *3% 704 *3 *11 29 6 BON IDS B O S T O N STOCK KXCJ I T W e e k E nding m a y 2 3 o te —B II "eric's /tango nr Last Sato / V700 Frida i/ May *8 A m Bel! T e le p h o n e 1h. . 1908 .1 J A im T e le p A '1V1 coll I r 4 m 1020 J , J A tc li A N eb rask a 1st 7 m. 190S M S 1995 A O A tc-li Top A S Fo g en g 1 A d ju s tm e n t g I s _ .1 M 1995 Nov _ y B o sto n A Low i'll d s .......... 1907 J -1) B o sto n A M aine -1 h-s. ____ 194 1 J-J F-A P la in 4 s 1 B oat A Mon . Ul is s u e 7 s . . . 190 1 M-N ‘ B o sto n T erm in a l 1st 3 Kx. 19 17 F-A B o sto n l n itod G as 1 st 5 s . 19119 J-J 2(1 5 s ....................................... .1999 J-J B u r *fe Mo B iv e\; (is............1 9 i s ,i J N o n exem p t (>s................. 19 IS J - J S in k in g l'ninl 4 s .................1910 J - J B u tte A B o sto n 1st O s .... 1917 A-O C edar lia p & M o K 1st 7 s. 1910 M- N 2d 7 s ........................................1909 J - 0 C en t V er m t 1 s t g‘4 s .-M a y 1920 Q-F Chic Burl A Q 1 s t 7 s ......... 1909 J - J Iow a D iv 1st 5 s .................1919 NO I o w a I ) iv 1st 4 s ................. 1919 A-O D e b e n tu r e 5 s ...................... 1919 M- N D e n v e r E x ton 4 s ___; ...1 0 2 2 F - A N e b r a sk a E x t e n 4 s ........1927 M - N B A- S W s l ' t s .................... 1921 M- S I llin o is D iv 2 O s................ 1949 J -J J o in t b onds Mfo G t N o rth e rn C hic J c By A- Stk Yds 5 s . 1915 J - J ( ’oil tru st r e fu n d in g g 4 s l9 4 0 A-O Ch M il A S t P D u b I) Os.. 1920 J - J Ch M A sr P W is V d iv 0 s l9 2 0 J - J C lue A N o M ich 1s t g u 5 s. 1991 M - N C h ic A W M ich g e n 5 s . . . . 1921 J -D C oncord A Mont, co n s 4 s .. 1920 J-D C onn A P a s s K 1 st g 4 s . . . 1949 A -0 C u rren t B iv e r 1 s t 5 s ..........1927 A-O D e t O r B a p A W 1 s t 4 s . . . 1946 A -0 D o m in io n Coal 1 st 6 s ........1919 M - S Ea«stern 1 st g old 6 s ..............190 6 M-S E itc h b u r g I s ..........................1904 M-S 4 S ............................................. 1927 M-S F rem t E lk A M o V 1 s t 6 s . . 1933 A - O U n sta m p e d 1 s t 6 s ............1933 A - O Gt N o r C B A Q co ll tr 4 s 1921 J - J B e g is te r e d 4 s ...................... 1921 Q-J N 1079 Boston Bond Record M a y 24, 1902.J Itwngo, St nor H \ January / ^ u High A'o ■ ftk Loiv l 3 DO 1 0 0 99% 0 0 ‘v HOD, 0 0 hi 0 0 '.j 90% 40 110 D ec ’01 102 B S ale lo 'h d 1 0 2 hi 1 :: r > 03% 03 ‘v 03 Sale 104 ». A p r ’O ■ G L20% A j»l*’0 1 00% J an ’()•’ . . . . __ 104 A p r ’02 . . . . ■ 1 L5 hi A ug’O1 04 % 95 i ii 94 ha 95 4 09 70 68 70 120 .......... 12 0 M ay ’ 0 2 105 %A p r ’02 . . . . . . ...... 00% Jan ’ 0 2 - .. . .* lo o J ’no’Ol 1 38 S e p ’01 __ 125*8 A u g ’O O 28 89 90 so Oo 103 .......... 108% M ay’02 . . . . 110 A p r ’01 10 1 % A p r ’ 0 2 __ 107 ha M ay’02 . . . . i ’ OhalOl 1 0 0 M ay’02 . . . . o 1 0 8 ha A p r ’02 . . . . 10 0* 4 M ar’02 Mil 102 109 Sale 105 107 09 ha 100 110 .......... 1 0 9 78 .......... 137 .......... 135 .......... 94*8 S ale ...................... hmo ii i< It i 09 99 100 9 9 :'i 103 0 1 V 0 0 '1 , 10 2 99% 99% 104 104 S3 0 5 ', 56 73 120 P I v 105 % 103 p 9 0 7h 99% 85 00 103 hi 104% 10 4 1 04 *a 107 *2107 *2 1 0 0 %1 0 1 > « l() 8 ha 108**2 100 1 0 0 *4 2 1 0 1 % 102*2 102 109 109 M ay ’ 0 2 132 M ay’02 1 3 1 12 M a y ’02 1 0 9 1 M a y ’()2 e 10 9 D M ay’02 109*4 M ar’02 115 A p r ’02 106 A p r ’02 99 ha 99% 110 11 0*4 109% 109% 100% M ar’02 111*4 111 *4 138ha 139 1 38 M ay’02 94*8 94% 94*8 94*8 101 132 .......... 131 Hi.......... 109 110 109 110 ............... BONDS B O S T O N S T O C K K X CI KG W jciok E n d i n g M ay 23 D | 9 .... .... .... .... __ __ ■ 7 2 1 108 1 1 0 10 0 * 2 101 ha 120 ha 132 128% 131*2 10 0 no 10 9 110*4 109% 109*4 114*4 115 1.06 1 06 99*2 101 109ha H I 109% H I 1 0 0 78 1 0 0 78 i 110*2111*4 1 138 139 13 8 138 80 9 4 9 6 7b 6 94 96% Prior F riday Min, •’ i I llinols Stool deheii 5H___19 J 0 4 -4 N on eon v e r t (lehcri 5 h . ..191 3 A - 0 la I''alls A S i o u x C 1s t 7 s 1917 A O U an O ( 'llii tV Mpr I s t 5 s .. 1925 A-O! K a n ( ’ I t H A G u l f I st I t . . I 908 J O K an ( J F t Se c t I A- M Oh . 193', M-N K an U M A 11 g e n 4 h ............1934 M-H Income, 5 m ............. M a r 193 I Sj> j ( )ld ( h d o n y rl’r <Jo reel s Kail ( J A M By A Hr I hi 5 k J 929 A O K a i l C S t .To 6 O B I ; 3 i o n , J -4 I j l i A, F t S m Id g r I x1 7 s . . . 1 9 0 5 J -4 M n i n e Ce i i t c o n s 1st 7 s _ 1912 A-O _ (Jons 1st 4 s ................. . . . . 1 9 1 2 A - 0 M a r q 11 on g h A O u t 1 s t 6 s . I 925 A-O M ex loan Ce nt r al c o n s 4 s . . 191 I 14 - J 1 s t c o n s i n c 3 s ............J a n 1939 P l y 2(1 co n s in c 3 s ............. Jan I 939 4 ’I y M ich T e le p h co n s 5 s ..........1929 J - 4 M im ic Gen E le c con g 5 s 1929 J-.T N e w E n g C ot Yarn 5 s ___1929 F-A N c w E n g G as A C 1s t 5 s . . 1 937 J - D N e w E n g T e le p h 6 s ............1 9 0 6 A-O 6 s ............................................. 1907 A - 0 6 s ............................................. 1908 A - 0 5 s ............................................. 1915 A - 0 N Y A N E n g 1 s t 7 s ............1905 J -J 1 s t 6 s ......................................1905 J-.T Old C olony gold 4 s ...............1924 F-A O reg Tty A N a v co n g 4 s . . 194(5 J - D O reg Sh D in e 1 s t g 6 s ........1922 F-A B e pub V a lle y 1 s t s f 6 s . ..1 9 1 9 J - J itu tla n d 1 s t 6 s ........................ 1 9 0 2 M-N B u tlan d -O an ad ian 1 s t 4 s 1949 J - J S e a ttle E le c 1 s t g 5 s ..........1 9 3 0 F-A T o rrin g to n 1 s t g 5 s ............1 9 1 8 M-S U n io n P ac B B A 1 g r g 4 s . 1 947 J - J 1 s t lie n o o n v 4 s .................. 1911 M-N V er m o n t A M a ss 5 s ............1 9 0 3 M-N W e s t Find S tr e e t R y g 5 s .. 1 9 0 2 M-N Gold 4 ^ 3 ................................1 0 1 4 M-S G old d e b e n tu r e 4 s ............191 O'M-N G old 4 s . . . . . ..........................1 9 1 7 F-A W e ste r n Telexvh A T e l 5 s . 1932 J - J W isc o n s in C en t 1 s t g e n 4 s l9 4 9 J - J W isc o n s in V a lle y 1 st 7 s . . 1909 J - J u y er p a y s a cc ru ed in te r e s t in ad d itio n to t h e p u r c h a se p r ic e fo r a ll B o sto n B o n d s. Util fW w li ' Jitiiifjr (tr haul Sale io /T i o7 114 .......... 1 25 %.......... 0 8 .......... .......... . . . . . . j 1(Ik, S a le 114 .......... 105 .......... ...................... .......... 82 32 22 1 0 4 * 2 ......... .103 *2 S ale 55 S a le 1 0 4 .......... 104 / A file LdW 101 % 102 101 *2 102 118 81 31 21 Jtarnio Minor January/ .......... 1 0 8 * 2 .......... 1 0 5 * 2 .......... ...................... 1 0 0 * 2 .......... 10 2 .......... 1 0 5 h a l0 6 ...................... .......... 1 02 105% S a le ....... . . . . . . High *Vo I Lon) ninth 101 > A n r’02 2 101 102 !0 2 J02 4 lo i % 102 1„,., A pi < ).' 133 133*3 105 J a n ’03 105 105 1 J4 3. A ; O ' I 111 1 14 * i, i i , 123% J 26 L25% 125 OSD 9 8 3, 20| 98 99*2 92 92 12 84 97% 92 M ay‘02 92 95 J 108 1 J | 1 | 0 ' H J 10 21 14% A pr *02 1 J 1% J 15 % 105 M uv’02 105 105*% 130% Jan ’02 I 30 *4 130% I or; b, M ay’O J 1 J 7 J Fed)’00 2 4 81 81. 82 84 % 31% 31% In I 30*4 35% 20% 20% 20 20% 24*3 00 Oct ’0) 104 M ar’02 103 104 103% J 03 % 24 103 J 04 51 | 52 63 55 56*2 104 A p r ’02 . . . . j 04 104 105 F e b ’02 J05 105 10 3 A p r ’02 103 J 04 107*4 AlaV’02 J07 J 107*4 4 108% 100% 1 08% M ay’02 105% M av’02 105% 107 112 M av’O J 102% M ai ’0 ‘ . . . . 102% 102% 2 125 A p r ’02 125 128% 106% F e b ’02 ] 06% 106% 100% A p r ’02 J00% 101*4 102 Alar’02 102 103% 105 107 1 06 106 108% J ’l y ’01 103% A p r ’02 103% 103% 106*4 106D ’ **2j 104*4 107*4 10-2*8 N o v ’01 4 100*4 100% 100*4 100*4 107 M ay’02 107 107*3 105% D e c ’00 103*8 A ay’02 X 103*8103% 105 % 105% 41 103% 106ha 87*4 J ’l y ’01 119%. M ar’02 . . . . \ l l 9 : 4 i ’ 9 3 > l 4 * N o p r ic e F r id a y ; la t e s t b id a n d a sk ed t in s w e e k . Philadelphia and Baltimore Stock Exchanges—Stock Record, Daily, Weekly, Yearly Sales Range Since J a n u a r y 1 Range fo r Previous 1902 Year (1901) of the (For Bonds a nd Inactive Week Stocks see below) Highest Lowest H ighest Lowest Shares S h a r e P r i c e s —-N o t P e r C e n tu m P r i c e s S a tu rd a y M a y 17 M onday M a y 19 Tuesday M a y 2d 67% 67% Wednesday M a y 21 67% A C T IV E Thursday M a y 22 T'riday ■ M a y 23 STOCKS B a lt im o r e 67*2 67*2 26% 26% 4 6 *2 46% *16 16*4 *67 67% 67ha 67*2 k ■ x 117 116*2 * 116*2 *115 117 2534 25% 25% 25 *25% 2 6 25 25% 26*4 26*4 * 4 5 34 46 46 45 h2 45% 46 45 ha 46% *453 4 4 6 16 16 16 16 16 16*8 *15% 16*4 16*4 16*4 C on solid ated G a s .......... 1 0 0 N o r th e r n C e n tr a l........ . 50 Seaboard A ir L i n e ___ 1 0 0 D o p r e f.................... 1 0 0 U n ite d B y & E le c tr ic . . 50 % *% P H IL A D E L P H IA % 78 B id % Ask I n a c tiv e S to c k s 7 A m e r ic a n C e m e n t........10 7*8 5 5 *2 A m e r Ir o n <fc S t e e l— 50 A m e rica n R a ilw a y s .. .5 0 46 75 B e ll T e le p h o n e ..............50 47% 47% C am bria I r o n ..................50 C am den 6c T r e n to n ___10 C onsol T ra c P i t t s ___ ..5 0 P r e f e r r e d ..................... 50 D a n v ille B e s s e m e r ... 1*2 % 10 n 78 D e L o n g H o o k & E y e . 10 D ia m on d S ta te S t e e l... 1% P r e fe r r e d . 3% 19% E a sto n Con E l e c t r ic ...50 E le c tr ic of A m e r ic a .. .5 0 7*8 E le c S to r a g e B a tt___100 89 h* P referred ................100 88 G erm a n to w n P a s s ........50 145 150 30 H a r r iso n B r o s p r e f ... 100 11 est.oii v A lan & F a i r .. 50 48% P r e f e r r e d ..................... 50 73 63 In d ia n a p o ls S t . . . ___100 9 J n ter Srn P 6c D y n a m ..5 0 9 hi Lit, B roth ers ............... 10 10 h* 60 .......... L ittle S c h u y lk ill............50 65 M in e h ill 6c S c h u y l i f . .5 0 51*4 N o - q ueJioning ............. 50 N H a v e n Ir o n 6c S t e e l.5 6 5% N or11j P en n sy 1v a n ia .. 5 0 108 110 \J<firmv'lvania. S a lt 50 110 p e n n - y lv a n ia S t e e l.. 100 90% 9 i *8 P r e fe r r e d ................... 100 P b ila d e lp h ia C o............. 50 48% 49 48 P r e fe r r e d ..................... 50 48% P hil G erm an 6c N o r r is .50 P hila '1T action . . 50 97% Ba i I w ay s Gen o ra l........10 Sosqiie.ti ir o n 6c S t e e l . . 5 2% 2% T id e w a te r S t e e l........... 10 0 6*2 K nifed N J B B 6c C ..1 0 0 283 »2 1,’ii .l P ow 6/. T ra n s 25 K nifed T r a c P i t t s ........50 .......... .......... P r e fe r r e d ..................... 50 Wa.r w ick / ron 6c S te e l. 10 5 5% W est J e r sc y 6c Hr,a. Sh . 50 69 J 70 2 W estm orelan d Coa.J. .. 5 0 % % *% 7s P H IL A D E L P H IA Bonds A1 V a l E e x t 7 s 1 9 1 0 A-O B a lls T er 1 s t 5s 1 9 2 6 . J-D B e r g A E B r w 1 s t 6 s’21 J -J B e th le steel 6 s 1 9 9 8 .Q-F C he A D Can 1 s t 5s ’16 J -J Choc A M e 1 st 5 s 1 9 4 9 J-J Ch Ok A G g e n 5 s *19 J -J C it S t B y (In d ) co n 5 s ’33 Col S t B y 1 s t con 5 s 1932 Con T r a c of N J 1 s t 5 s . ’33 D e l A B B k 1 s t 7 s ’05 F-A E A A 1 s t M 5 s 1 9 2 0 M -N E le c A P e o T r s t k tr ctfs E lm A W il 1 s t 6 s ’1 0 . J -J _ In c o m e 5 s _ 2 8 6 2 . A-O E q II G as-L 1 st g 5 s 1 9 2 8 H A B T op Con 5 s ’25 A -0 In d ia n a p o lis Ity 4 s . 1933 L eh ig h N a v 4 1 ’1 4 .Q -J as B B s 4 s g ........1 9 1 4 .Q-F G en M 4 %s g . 1 9 2 4 . Q-F L eh V C 1 s t 5 s g ’3 3 .. J-J L e h V e x t 4 s 1 st 1 9 4 8 . J-D 2d 7 s 1 9 1 0 .................. M-S C on sol 6 s 1 9 2 3 ........ J-D A n n u ity 6 s ................ J-D L eh V T ra c 1 s t 4 s ’2 9 . J-D N a t A sp h a lt 5 s 1 9 5 1 .J-J N e w Con G as 5s 1 9 4 8 J-D IN ew ark P a s s con 5 s 1 9 3 0 N Y F h A N o 1 st 4 s ’39 J-J J ri corn e 4 s 1 9 3 9 ... M -N N o P e n n 1 st 4 s ’3 6 . . M N G en M 7 s 1 9 0 3 ..........J-J P e n n g e n 6 s r 1 9 1 0 .. V ar C onsol 6 s c 1 9 0 5 ...V a r C onsol 5 s r 19 1 9 . . . V a r P en n A Md Steed con (5s. P a A N Y Can 7 s ’0 6 . J-D Con 5s 1 9 3 9 ..............A-O Con 4 s 1 9 3 9 ...............A -0 P en n S te el l s t 5 s ’17 M-N P eo p le’s T r tr c e r ts 4 s ’43 B id and a sk ed p r ic e s; n o sa le s on th is day B id 62*4 J a n 28 72*4 A p r 18 10 4 J a n 7 117 *2 A laylB i,04*i 2 3 34 J a n 24 28% A p r 26 1 ,1 1 6 4 4 A p r 2 50 *8 J a n 2 72 0 14% J a n 27 17 M a r l 5 58 J an Ask 600 2 ,8 0 1 1 8 ,5 2 5 2 ,9 7 6 653 1 3 ,7 9 6 30 0 53 15 8 1 ,0 2 3 8,251 8 7 ,7 1 2 2 ,0 3 8 9,301 1 0 ,5 5 2 7 ,1 1 6 P H IL A D E L P H IA 9% J an 24% J an 1 4 D ec 30*2 J ’ne 54% Sep 18 *8 Alar *4 F e b 3 M ay 17 J a n 10 J a n 16 2 1 * 2 AIar 2 0 6 6 * Jan 3 2 71 A p r 15 33*8 A laylT 2% F e b 3 *4 J a n 29 34 A p r 2 7 3 34 J a n 14 3% J a n 27 26*4 M a r ll 4 0 A lar 6 3 0 J a n 14 32 J a n 6 1 0 3 AlaylB 2 4 J an 31 B id 1 A p r 28 % D ec *e A pr 15% Alar 37*2 Jan 45 F eb 2 0* 2 D ec 40 F eb 62*2 J an 28*2 Jan 3% D ec *4 D ec 1 J an 69 Alay 4% D ec 12% J a n 34*2 Jan 19 J a n 24*4.J’ne 113 S ep 38 D ec 2 3« J an % Alar 31% J ’ne 8 2 34 N o v 5 9 34 Alay 38*2 A p r 80*4 J ’ly 79% A p r 39 38 Alay 7% J a n 8*2 F e b 16 F e b 81 A p r 8 % F eb , 28% D e c 4 1 3g D e c 32 *8 D e c 37 Jan 128*2 J a n 55 A p r 23 70 53 26 Jan 7 83 *9 A p r 2 6034 A p r 10 3 6 A p r 29 80% A p r 29 78% J a n 2 38*4 J a n 2 4% J a n 2 l*if? F e b 7 2 A!ar24 7 7 * 2 Alay 2 5% A p r 10 34*8 M ay 1 4 3 * 2 A p r 25 37 A p r 22 44% A p r 3 126 F eb 8 30 Jan 9 Ask B A L T IM O R E C has B y G A E l 5 s ’99 M -S C hari C A A e x t 5 s . ’09 J -J 2d 7 s ................. 1 9 1 0 A -0 C ity A Sub 1 s t 5 s . . ’22 J-D C ity A S u b (W as) 1 s t 5 s ’48 13 0 Col A G r n v 1 s t 6 s . 1 9 1 6 J-J 128 128% C onsol G as 6 s . . .1 9 1 0 J-D 120 122 5 s ........................ 1 9 3 9 J-D 109 G a A A la 1 st p f 5 s . ’45 A-O 108 G a Car A N 1 s t 5 s g ’29 J-J G eo rg ia P 1 s t 6 s . .. ’22 J -J 109 G aSo A F la 1 s t 5 s 1 9 4 5 J-J . . . . . . . . . . . . G-B-S B r e w B A s 1951M -S 2d in co m e 5s 1 9 5 1 M -N 113*2 114*2 K n o x v T r a c 1 s t 5 s ’2 8 A -0 L a k eR E l 1 s t g u 5 s ’42M -S M e tS t (W ash ) 1 st5 s ’2 5 F A 64 *2 65 M t V e r Cot D u c k 1 s t 5 s. 108% i'09*2 I n c o m e s ............................. B A L T IM O R E N e w Orl G as 1 s t 5 s ..V a r In a c t iv e S t o c k s 86*2 8 7 N p t N A O P 1 s t 5 s ’38 M -N A tla n ta 6c C h a r lo tte ..1 0 0 16 7 N o rfo lk S t 1 s t 5 s ’4 4 . . J-J C anton C o..................... 100 N o r th C en t 4 has 1 9 2 5 A -0 G eorgia S o u 6c F l a . . . 100 48 52 6 s 1 9 0 4 ......................... J-J 1 st p r e f ....................... 10 0 99 100 112 S e r ie s A 5 s 1 9 2 6 . . . . J -J 2d p r e f......................... 100 81 1 18 .......... G-B-S B r e w in g ............10 0 S e r ie s B 5 s 1 9 2 6 . . . . J-J 16*2 17 125 % P it t U n T ra c 5 s 1 9 9 7 . J -J M t V e r n o n C ot D u c k ........ 10% 11 125 hi U n it E le c L 6c V p r e f .50 40% 41*2 P o to V a l 1 s t 5 s 1 9 4 1 ..J-J S ec A v T ( P it t s ) 5 s ’34 J-I> S a v F la A W e s t 5 s ’3 4 A-( > Bonds S eab oard A L 4 s 1 9 5 0 A-O 04 96 .......... A n a c o stia 6c P o t 5 s ............ i 06*2 A tl 6c Ch 1 s t 7 . . . 1 9 0 7 J-J 115 115*2 Seat) A K oan 5 s 1 9 2 6 . J-J A tl C oast L (C t)c tfs 5 s J - I ) 11 8 S o u th B o u n d 1 s t 5 s ..A - 0 U E l L A P 1 s t 4 has’29 M -N 103*2 B a lt (J P a ss 1 s t 5 s M 1 M-N 107% 109 B a lt F u n d g 5 s . 191 6 Al-N 123 Un B y A E l 1 s t 4 s ’4 9 M-S .......... E x c h a n g e *28 1 0 3 0 J-J 1 1 1 In c o m e 4 s 1 9 4 9 ......... T-I) F u n d in g 3 '28 1 9 5 2 ..J-J 114 V a M id 1 s t 6 s 1 9 0 6 ..M -S B a lt A P 1 st Os in I ’l l A-O 2d s e r ie s 6 s 1 9 1 1 . .. M-S 1 s t 6 s t u n n e l ..1 9 1 1 J-J 3d s e r ie s 6 s 1 9 1 6 ..M-S 1 17 4 th se r 3-4-5s 1 9 2 1 . M-S .......... B a lt T ra c 1 st 5 s . . ’20 M -N i n ; ii5 * ' N o B a lt D iv 5 s 1942 J - I) 1 2 0 5 th se r ie s 5 s 1 9 2 0 .M-S 122 C onvertible, 5 s . ’06 M-N 1 0 0 101 V a (S ta te ) 3 s n e w ’3 2 . J-J .......... C en tral B y O s... 1 9 1 2 J-J Fund d eb t 2-3s 1 9 9 1 . J -J W e s t N C con 6 s 1 9 1 4 J-J C onsol 5 s . . . . 1 9 3 2 M -N 117 120 .......... .......... E x t 6c Im p 5 6 .1 9 3 2 M-S 1 16 W es Vit CA P J s t Og’l l J-J C has C ity B y 1 s t 5 s ’23 J -J 10 7 %i 0 8 W il A W eld 5 s . . 1 9 3 5 .J-J i 06% i 07 P Co l s t & co l tr 5 s ’49 M -S P h il E le c g o ld t r u s t c tfs. T r u s t certify 4 s . P 60 E g e n M 5 g ’2 0 .A-O G en M 4 s g 1 9 2 0 Ac&O P h 6c B e a d 2 d 5 s ’3 3 .A-O Con A! 7 s 1 9 1 1 ........J-D Con M 6 s g 1 9 1 1 ___J-D 119% E x Im p M 4 s g ’4 7 . A -0 1 1 2 hi 113% Con A! of ’82 4 s ’3 7 . J-J T e rm in a l 5 s g 1 9 4 1 . Q-F 109*4 109% P W 6c B co l tr 4 s ’2 1 . J -J 1 1 1 % 112 R ead Co g e n 4 s 1 9 9 7 .J-J B o d ie s te r B y con 5s 1 930 115 S E E S id e 1 s t 5 s g ’35 J-D 98% 99 U T rac P it g e n 5 s ’9 7 J-J 1 17 1 2 0 W elsb a c h s f 5 s 1 9 3 0 .J-D 123 27*4 27% 1 1 2 h? 98 121 65% J ’ly 8 8 *^ J an 106h> D ec P h ila d e lp h ia *% % A m e rica n A l k a l i .......... . 50 D o p r e f.................... . 50 23% 23*4 23*2 23*2 C am bria " S te e l................ . 50 23 23*2 23*8 23% 23*2 23*2 23*2 23% Choc Ok <fc G tr c t f s . . . . 50 D o p ref tr c tfs . . . . 50 30% 29 30 30*4 29% 3 0 C o n so l L a k e S u p erio r. . 1 0 0 28% 29*4 28ha 28% 28*4 29 7 6 34 75 75 76% 76-% D o p r e f ................... . 1 0 0 74% 75 76*2 75*2 76*4 74*4 75 77 71% 72 74 74 *75 *73*2 7 4 L e h ig h C oal & N a v . . . . 50 *73*2 75 71*2 73 33% 34 35 36% 35*4 35% L e h ig h V a lle y ................ . 50 34*8 35*4 33% 33% 33*8 34 334 * 334 3 34 4 M arsd en Co...................... . 1 0 0 3% 3% *2 N a tio n a l A s p h a lt.......... . 50 *2 1 1 1 1 1 1 D o p r e f................... . 50 74% 74**16 74% 75 74 74% 74% P e n n s y lv a n ia R B ........ . 50 74*4 74*4 74ha 74 74% 5% 5% 5% 5% 5% 5 5ie 5 5 i0 5% 6 5*2 5716 0716 P h ila d e lp h ia E le c tr ic . . 25 5*4 30% « SO 11™ , 30 *2 31*4 31 31% R e a d in g ........................... . 50 29% 30'%p 31*4 31**16 3 1 ° ie 31%6 D o 1 s t p r e f............ . 50 41 41 % 41*2 41*2 41-% 41 41*4 41% 41% 41% 41 41*4 D o 2d p r e f.............. . 50 34 33 33*2 33*3-^ 34*16 34*4 34*2 34*8 34*4 34316 33*4 33ha 40% 41 U n io n T ra ct o n .............. . 50 40% 41 40% 41*4 £40% 41 40*2 41 41*4 41% 10 3 103% 103 103% 103*8 103*4 103*2 103*2 103% 10334 103% 1 0 4 U n ite d G as I m p t .......... . 50 30 30 *27 30 W elsb a c h C o .................. 1 0 0 *28 30 30 30 *28 '2 8 *28 *28 % 45 98 65*2 B id Ask 89 12 0 90 115% 116% 92 94 122*2 114*2 115 115% 116% 113*2 114 128 115% 1 16 52 53 42 43 97 97 h» 117 11 6 79 79 % 46*2 46% 115 113 107 122 122 117 110 117 112 86% 115 112*2 84 95 71% 107*2 116 121 120 86% 113 85 05*8 71*2 m mm m mm i' 1 5 *' 95*2 . • •• 90 11 9 ha.......... 114%Jll5% 121 hall 23 1080 T tiE Volume ot Business nt Stock ijxchuuires NS AT d a il y Stocks UtfS/C ending M a y 23 iyu2 S a t u r d a y .......... M o n d a y ............ T u e s d a y __. . . . W e d n e s d a y ___ T h u r s d a y .......... F r i d a y ........... T o t a l ............... ST O C K E X C H A N G E EARLY H t rs i W EE KL t Shares Railroad Bonds j t a r value State Bonds V s Bonds $ 5 ,0 0 0 5 00 3 flu 27 i ,1129,326.1 60 59.s! 598| 5 i! 8 7 4 . 8 6 0 5J6 746 4 7 ,7 2 1 .5 0 0 651 329] 6 1 ,6 8 0 ,8 0 0 59:^ 983 5 7 .0 3 9 ,8 0 0 3 6 1 ,2 6 3 / 3 4 ,9 5 4 .3 0 0 $ 1 ,2 5 3 ,5 0 0 2 ,0 5 4 .9 0 0 2 ,4 2 1 ,5 0 0 2 4 1 3 ,0 0 0 2 .5 2 4 ,5 0 0 2 ,3 0 3 ,3 0 0 $ .............. 1 0 ,0 0 0 2 5 ,0 0 0 | 2 ,9 6 1 ,1 8 4 $ 2 7 5 ,5 9 7 ,8 0 0 $ 1 2 ,9 7 0 ,7 0 0 $ 2 1 ,0 0 0 $ 3 0 ,5 0 0 1 Week ending M a y 23 Sales at Neui^York Stock 1901 1902 1 ,0 0 0 1 0 ,0 0 0 J a n u a r y 1 to M a y 23 1901 1902 G o v e r n m e n t b onds S t a t e b o n d s. . . . . . . . R R . an d im a . bonds $ 3 0 ,5 9 0 2 l.OUO 1 2 ,9 7 0 ,7 0 0 $ 2 2 ,0 0 0 3 5 ,0 0 0 2 1 ,3 0 0 .9 0 0 $ 3 9 4 ,1 0 0 1 ,2 1 6 ,5 0 0 4 0 6 ,6 8 0 ,8 0 0 $ 1 ,0 8 7 ,6 7 0 2 ,0 8 1 ,9 0 0 5 4 0 ,9 5 3 ,5 0 0 T o ta l b o n d s___ $ 1 3 0 2 2 .2 0 0 $ 2 1 ,3 5 7 ,9 0 0 $ 4 0 8 ,2 9 1 4 0 0 $ 5 4 4 1 2 3 ,0 7 0 D A IL Y T R A N S A C T IO N S A T T H E BO STO N A N D P H I L A D E L P H I A EXCHANGES Week ending M a y 23 1202 Listed shares Unlisted shares 1 3 ,6 7 2 1 7 ,4 1 6 14,7 6 1 3 3 ,9 3 4 3 1 .9 9 1 2 4 ,0 3 4 9 ,3 6 2 8 ,5 6 8 1 9 ,6 9 5 1 6 ,5 5 6 1 8 ,4 7 4 7 ,3 4 7 T o t a l............ 1 4 1 ,8 0 8 8 0 ,0 0 2 S a t u r d a y ........ M o n d a y .......... T u e s d a y .......... W ed n esd a y . . T h u r s d a y ..... F r i d a y ............. P h ila d e lp h ia Boston B ond sales Listed shares Unlisted shares B ond sales 5 8 ,7 2 5 1 4 5 ,7 2 5 4 6 ,6 5 0 4 5 ,8 2 5 2 9 ,9 4 6 3 9 ,4 2 5 3 8 .5 4 2 3 6 ,5 9 9 3 4 ,3 6 9 1 4 ,7 7 7 2 ,8 2 9 5 ,5 9 7 6 ,3 8 2 2 ,5 6 0 4 ,5 1 4 2 ,9 8 3 $ 1 3 1 ,0 0 0 1 3 4 ,0 0 0 9 3 ,8 1 2 1 0 5 ,8 1 0 1 2 0 ,8 0 0 1 1 9 ,7 0 0 $ 4 7 2 ,9 2 5 1 9 3 ,6 5 8 2 4 ,8 6 5 $ 7 0 5 ,1 2 2 $ 7 4 ,0 0 0 1 0 2 ,0 0 0 Outside Securities A Weekly Review of Outside M a rk et w i l l be f o u n d on a preceding page. S tr e e t R a ilw a y s B id Ask 33 99 249 101 108 E x ch § 114 36 102 252 102 109*2 lis t 116 102 275 125 220 104 195 list 130 116 104*2 410 109 415 75 113 101 list x lis t x lis t 205 N E W YORK CITY B le e c k S t A F u l F s tk 100 1 s t rnort 4 s 1 9 5 0 ___ J*J B ’ w ay A 7 tli A v e s t k . 100 1 st rnort o s 1 9 0 4 ...J - D 2 d m ort 5 s 1 9 1 4 ........ J-J C on 5 s 1 9 4 3 See S tock B ’w ay S u rf 1 s t 5 s g u 192 4 2d 5 s in t as r e n ta l 1905 •Cent’l C ro ssto w n s t k . 100 1 s t M 6 s 1 9 2 2 ........ M -N C e n P k N A E R iv s tk 100 C o n so l 7 s 1 9 0 2 ........ J-D C h r istT A 1 0 th S t s tk 100 C olA 9 tli A v e 5 s See S to ck D ry D K B & B a t s t k 100 1 s t go ld 5 s 1 9 3 2 . .. J-D S crip 5 s 1 9 1 4 .......... F -A E ig h th A v e n u e s to c k 100 S crip 6 s 1 9 1 4 .......... F-A 4 2 d A Gr S t F e r r y s t k 100 42(1 St. M A S t N A v e 100 1 s t rnort 6 s 1 9 1 0 . . . M -S 2 d in co m e 6 s 1 9 1 5 ..J-J L e x A v A P a v F 5 s See St JVletropol S e c u r itie s See M e tro p o l S tr e e t R y See N in t h A v e n u e s to c k . 100 S e c o n d A v e n u e stocklO O 1 s t m ort 5 s 1 9 0 9 ..M -N C o n so l 5 s 1 9 4 8 ........ F -A S ix t h A v e n u e s t o c k .. 100 S o u B o u le v 5 s 1 9 4 5 ..J-J S o F e r 1 st 5 s 1 9 1 9 . . . A-O T h ir d A v e n u e See S tock T a r ry W P & M 5 s 192S Y k e r sS tR E 5 s l 9 4 6 A - 0 -28 th A 2 9 th S ts 1 st 5 s ’96 T w e n ty -T h ir d S t s t k . 100 D eb 5 s 1 9 0 6 ................ J-J U n ion R y 1 st 5 s 1 942 F -A W est c h e s t 1 st 5 s *43 J -J §101 265 §122 208 101 185 E xch 120 114 103 400 105 405 70 I ll's 99 k E xc S tk E S tk E 200 217 221 §105 106 §117 *2 119*2 180 170 §111 115 110 §108 E x ch lis t 108 110 108*2 110 §113 115 4 0 8 415 102 106 117 116 108 112 S tr e e t R a ilw a y s G rand R a p id s R y . . . . l 0 0 P r e fe r r e d .....................100 In d ia n a p o lis S t R y See J C H o b A P a te r so n . .1 0 0 4 s g N o v 1 1 9 4 9 . . .M -N L ak e S t (C hic) E l s t k . 100 D eb 5 s 1 9 2 8 ................ J-J L o u isv S t R y 5 s 1 9 3 0 J A J L y n n A B o s 1 s t 5 s ’2 4 . J-D M in n ea p S t R y 5 s See S tk N e w O rlea n s C ity R y 100 P r e fe r r e d .....................10 0 N o r th C hic S tr s to c k . 100 1 s t o s 1 9 0 9 ................ J-J N o r th J e r s e y S t stocklO O 4 s 1 9 4 8 ...................... M -N P a t R y co n 6 s 1 9 3 1 ..J -D 2d 6 s 1 9 1 4 .................. A -0 R o c h e ste r R y .................10 0 P r e fe r r e d .....................1 0 0 Con 5 s 1 9 3 0 ...............A -0 2d 5 s 1 9 3 3 .................. J-D So S id e E l (C hic) s t k . 100 S y r a c u se R ap T r 5 s 1 9 4 6 U n it R y s ( S t L T r a n s) 100 P r e f e r r e d .....................100 G en 4 s 1 9 3 4 ................ J-J U n it R y s S a n F r a n su b s. C om m on (w h e n iss u e d ) P r e fe r r e d ( w h e n iss u e d ) 4 s 1 9 2 7 ................................. W e s t C h icago S t ..........100 C o n g 5 s 1 9 3 6 ........ M -N B id Ask 52 45 98 95 P h ila list 17*2 17% 79 \ 78 13% 14 103*4 103^4 119 §117 §112 113*2 E x ch lis t 32 109 30 82% 83*, §128 132 27*2 §100 63*2 67 98*2 100 § 111*2 112*2 §103 10 4 115 102 1 0 4 3138 3 1 5e 84 85 § 87% 87% 1 0 2 34 102*4 2434 25*8 61 61*4 91 92 94 § .••••» G a s S e c u r itie s NEW YORK •Cent U n io n G as 1 s t 5 s . . . §110 Con G as ( N Y ) s t o c k N Y S to ck E q u i t G a s c o n d s l 9 3 2 See S tk E M u tu a l G a s .................... 100 3 3 0 N e w A m sterd a m G as— 1 s t c o n so l 5 s 1 9 4 8 . . J-J §112 NY' G E L H A P See S to ck E x ch BROOKLYN N Y A E a s t R iv e r G a s— ■Allan A v e 5 s 1 9 0 9 . . A -0 §103 1 st 5 s 1 9 4 4 .................. J-J 112 Con 5 s g 1 9 3 1 ...........A -0 114 115 C onsol 5 s 1 9 4 5 .......... J-J 1 08 1 n ip t 5 s See S to c k E x c h lis t N o r U n 1 s t 5 s 1 9 2 7 .M -N 10 8 23 B A W E 5 s 1 9 3 3 ..A -O 101*2 103*2 S tan d ard G as c o m ___ 10 0 13 0 B r o o k ly n C ity s t o c k . . . 10 247 2 5 0 P r e f e r r e d .................... 1 0 0 15 0 C on 5 s See S to c k E x c h list 1 s t 5 s 1 9 3 0 ...............M -N §115*2 B k ln O r o s s tn o s 1 9 0 8 .J-J 104 107 O TH ER CITIES JBk-n H g t s 1 s t 5 s 194 1 A-O 105 10S J B k ln Q C o A S u b See S tl E x c li lis t A m e r L ig h t A T r a c t. 100 36*2 JBkLyn.Rap T r a n See S tk E xch lis t 91 P r e fe r r e d .....................10 0 C o n e y Is la n d & B klynlO O 3 5 0 400 B a ltim o r e C o n so lid a t See B a lt 1 s t 5 s 1 9 0 3 .................. J-J 101 B a y S ta te G a s .................50 2*4 o s e r t f s i n d b t 1 9 0 3 .. J-J 101 103 B in g h a m to n G as 5 s 1 9 3 8 § 93 B r k C A N 5 s 1 9 3 9 .J-J 115 B o s to n U n ite d G as b ond s B os to 116 O r S tA N e w 1 s t 5 s ’06 F -A 103*2 B u ffalo C ity G as stocklO O 11*2 O r ’p t A L o r im e r S t 1 s t 6 s 105 84 1 s t o s 1 9 4 7 ...............A -0 i c i n g s Co. E le v a te d — C h icago G as See N Y' S tk E x c h 1 st 4 s 194 9 See S tock E xch lis t C in c in n a ti G as A EleclO O 103 JN assau E le c p r e f........ 100 83 85 91 Col G as L' A H e a t com 100 5 s 1 9 4 4 ........................A-O 113 115 P r e fe r r e d .....................100 1 0 7 1 s t 4 s 1 9 5 1 .................. J-J 88 90 1 s t 5 s 1 9 3 2 .................. J-J §107*2 , W b ’g A F la t 1 st e x 4%s 105 106 15 C onsol G as (N J ) s t k . 1 00 S t e in w a y 1 s t 6 s 1 9 2 2 . J-J §117 119 85 1 s t 5 s 1 9 3 6 .................. J-J C ousu m G as (J C ity )— 1 st 6 s 1 9 0 4 ...............M -N §103 O TH E R CITIES D e tr o it C ity G a s............50 B u ffa lo S tr e e t R y — D e t ’t G a sb ’d s See N Y 'Stkj E x ch 1 s t c o n so l 5 s 1 9 3 1 ..F-A §116*2 118*2 E s s e x A H u d so n G as 100 27 D e b 6 s 1 9 1 7 ...............A.O §106 107 50 F o r tW a j’no 6 s 1 9 2 5 ..J -J C h ic a g o C ity R R s t k . 100 210 G a s A E le c B e rg eu C o lO O C h ic U n io n T r a c See S t ’ck E x c h list G rand R a p id s G as— C le v e la n d C ity R y ___ 100 110 1 s t 5 s 1 9 1 5 .................F-A §105 C le v e la n d E le c tr R y .1 0 0 83*2 H artfo rd (C t) G as L ...2 5 t 49 O o iu m b u s (O) S t R y ., 1 0 0 51*2 5 3 * 2 H u d so n Co G a s............ 100 30*2 P r e fe r r e d .....................100 105*2 107 o s g 1 9 4 9 ...................M -N 102 O l u m R y con 5 s See Ph ila list In d ia n a N a t & 111 G a s— C ro 88 t ’w n 1 s t 5 s ’33. J-D §109 i l l 1 s t 6 s 1 9 0 8 ...............M-N 49 § B u y e r p a y s a ccru ed in te r e st. \ P r ic e p er sh are. 1 S a le prlct lit dust r iu I a n d IH iseel i L is fe e c u r il le s Bid A s k 80 C iio seb ro u g h M fg Co 100 74 l u d ia n a p o lls G as cdot 50 1 st 6 s 1 9 2 0 ........ ..M -N 1 0 3 ’l 05 | l lallin ( Jl B ) 1 st p ref 100 2d p re fe rre d ........... 100 74 70 J ack son G as Co .. . . . 50 C o m m o n ...................100 .0*3 $8g 1937.......... . .. A-O §101 32 C olo F u e lA lr o n deb See K an sas C ity G a s. . . . 100 ol A J l ock Coal A I p f 100 5 s 1 9 2 2 ................ ...A -O 90 1st g o s 1 9 1 7 ..............J-J L aclede G as . . . . . . . . 1 0 0 10 C P r e fe r r e d .......... . . . 1 0 0 1 08 60 C 55 ifa y ’e G a s ls t 6 s ’ 4.M 40 50 C L ogA W ab V' l s l 6 s ’25.J D v P r e f e r r e d .....................1 0 0 M adison (Jus 6 s 1 9 2 6 .A -O § 107 * i L09»2 141*2 CJons R y L tg A R ef rig. 100 N ew a rk G as 6 s 1 9 4 4 .0 .J § 140 60 61 t Jonaol R u b b er T ir e .. 100 N ew a rk C onsol G as. .1 0 0 D e b e n tu r e 4 s ............... 5s 1 9 4 8 See S to c k E xcli list ( ’u n tm e n ia lT o lm c d eb 7s N ew E n g G as A C See B o sto n 1 ist 22 ( Joru P ro d u c ts See S to ck 18 ) A i ud Con N a t A III 100 53 C 50 'ram ps' S h A Eli B ld g 100 1 st 6 s 1 9 2 6 ................J-D .......... ( J m cib le S t e e l ..............100 P r o v id e n c e G a s ..............5 1 - l o o P r e fe r r e d .................... 10 0 St J o se p h G as 5 s 1 9 3 7 .J .J § 95*2 97 *2 95 Mamoncl M a tc h Co See \ 93 St Pan lG as G en 5 s ’44M 98 lo ih in lo n S e c u r it ie s .10 0 S y ra cu se G as 5 s 1 9 4 6 .J-J e le c tr ic B o a t.................100 37*4 38 niterl G as A E le c ,N J 10 P r e fe r r e d .................... 100 87*4 87% P r e fe r r e d ...................10 T d e g l 1A T e l e p h o n e 1 6 2 ,5 6 4 ,6 5 1 7 8 .0 8 4 ,0 3 1 4 ,5 9 1 ,5 6 3 S to c k s—N o. sh a res Par v a lu e .......... $ 2 7 5 ,0 9 7 ,3 0 0 $ 4 3 8 ,3 1 6 ,7 75 $ 7 ,3 7 0 ,6 2 7 ,1 2 5 $14,838,735,225 $ 1 1 8 ,4 7 5 $ 3 3 6 ,9 0 0 $ 2 1 ,4 0 0 B a n k sh ares, p a r.. BONDS [V ol. LXXIV. C H R O N IC L E . ‘ ____________________________________________________________________________________ ________________ 112 Exc x lis t 340 113 list 114 112 no 140 160 116*4 38 92 lis t 2*2 95 n list 12*2 85*2 List 103% 94 111 108*. 17 87 104 73 lis t 28 55 1 06 31 102 * 51 Bid 440 100 102 US S tuck 60 86 9 50 10 55 5*4 Ask 455 102*2 LO O E x ch 65 93 1L 60 20 5% 4 18*4 17*2 10 4 LO O E x ch list 72 75 22*8 22*4 85% 86 E x ch lis t 15 30 29 31 48 52 8 7*2 15*2 15 1*4 1% 9 n 49 2 *2 2*4 68 06 0 P r e fe r r e d .....................100 lis t le c tr o -P n e u m ’io T ra n 10 110 m p ire S t e e l.................100 107 P referred ................... 100 64 e n e r a l C a rr ia g e........ 1* d i e s A P o to T elep) en e r a l C h e m ica l___100 107 5 s 1 909 2 9 ............. 101 99 P r e fe r r e d ....................100 184 C om m ercial C a b le. ........ orliam M fg Co co m . 100 120 Goramer U 11 T e l (N V). P r e fe r r e d .................... 100 125 84 Em p A Bay S ta te Tel 55 < 26% 26% F r a n k lin ....................... 12 19 x 12 3 Gold A S to c k .............. 08 75 H a ll S ig n a l C o .............10 0 4 * 8 , 1 9 0 5 .................. 2 17*2 19 ) 106 109 JI u dson R iv er T elep l H a v a n a C o m m ercia l. 100 54 57 M e x ica n T e le p h o n e Set • B osto ii lis t I P r e fe r r e d .................... 10 0 t- B osto n lis t N e w E n g T e le p h o n e e c k e r -J o n e s-J e w ’l Mi l l 95 100 ) 122 126 l s l 6 s 1 9 2 2 .................M-S N orth w e s te r n T e l e g . 2 3 ) 175 173 H e rr i u g - H a 1 - M a r v 11110 0 1 N Y & N J T elep h on e 37*2 42*2 1 s t p refe rre d ...............100 6 10 80 2d p refe rre d ...............100 3 75 P a cific A A tla n tic . l) 1 109 H o b o k e n L and A Im p 100 105 P r o v id e n c e Tolephc 5 s 1 9 1 0 ...................... M -N 10 6 “ .......... i o i ) S o u th ern A A t la id 22 18 H o u sto n O i l ..................100 7 ) t ••••■• 79 75 P r e f e r r e d .....................100 210 E le c tric C o m p a n ie s 1 n te r n a t’lB a u k in g C o 100 20 6 16 14 ) .......... I n te r n a tio n a l S a lt c e r tfs. E d ison E l 111 B rk 4 s N l S to c k E xcli I u te r n a t’l S ilv e r See S tk E x c li list 104*2 1 S to ck Excli 6 s 1 9 4 8 ..........................J-D 103 G en era l E le c tr ic Co 2 ) 198 Iron S te a m b o a t ............ 25 * 1 160 J o h n B S te ts o n c o m .. 100 150 ) 1 9 8 200 0 l 1 00 P r e f e r r e d .....................100 150 (J 4 0 N Y A Q KIT. L a n sto n M o n o ty p e ___ 20 1 12*4 13 ) lb L a w y e r s M o rt i n s u r .i o o 2 0 8 2 1 4 P r e fe r r e d . 78 D 125 L a w y ers' S u r e t y ........ 100 1 1 0 ) 1 3% 14*4 L a w y e r s’ T itle I n s . ..1 0 0 3 6 0 3 70 j on 70 L o rm a rd (P ) p r e f........ 1 0 0 1 2 0 14 19 0 See Ba It list M ad ison Sq G a r d e n .. 1 00 75 2d 6 s 1 9 1 9 .................M -N F e r r y C o m p a n ie s 7 8*2 M ex N a t C o n str u e .p f 100 0 17 19 M o n o n g a h ela l i C o a l..5 0 \ 1 2 % 13 J 113 115 P r e fe r r e d ....................... 50 1 41% 42 k E x ch list M on t A B o s Cop see B o st on S tk E x Con 5 s 1 9 4 8 See 102*-i . 108 110 M o sie r S a fe C o............ 100 22 0 78 N a tio n a l B r e a d ............ 1 00 91 *2 92*a s § 94 ’ P r e f e r r e d .................... 10 0 1 st 5 s 2 5 34 26 0 71 75 N a tio n a i C a rb o n ..........10 0 N Y A J 92*3 91 S §112*12 114 ’ P r e fe r r e d .....................10 0 29*2 30*3 N a t E n a m ’g A S ta m p 100 Con 5 s 1 9 4 6 .............. J- :> § 87*12 8 8 85 84 P r e fe r r e d .....................100 N e w y ork A N e w J er se y 105 N a tio n a l S u r e t y ..........100 1 4 0 1 s t 5 s 1 9 4 6 .................J ■ j 1 0 2 33 38 75 1 0 th A 23d S ts F e r r y H 0 N e w C en tral C o a l..........20 116 1 s t m o rt 5 s 1 9 1 9 . .. J- ) §105 N Y B is c u it 6 s 1 9 1 1 .M -S 1 14 r 108 164 42 U n io n F e r r v s t o c k . . . I t 0 44*4 N Y R e a lty C orp........ 100 161 1334 T 1 st 5 s 1 9 2 0 ................ M- s § 9 8 N Y T r a n s p o r t a t io n ...20 l 13 N ic h o lso n F ile C o .. .. 1 0 0 1 3 6 R a ilr o a d 20 7 N o r A m L n m ’r A P ulp 100 9 8 4 98% 99% O n tario S ilv e r ...............1 00 32 33 V .......... O tis E le v a to r co m ___ 100 102 0 14*2 .15*2 P r e fe r r e d .....................1 00 100 S §106 P rio r lie n g 4 *2S’3 P itts b u r g B r e w in g ___ 50 I 25% 26 108 J 101 Con m tg g 5 s 193 P r e fe r r e d ....................... 50 I 4434 45 103 24*2 2 4 34 . 34 In co m e 5 s 1 9 3 0 .. P itts b u r g C oal............ .1 0 0 38 89 S tk E x lis t P r e f e r r e d .................... 1 00 89*3 D e n v e r A S o u th ’n 149 v E x c h lis t P it ts P la t e G la s s ........ 100 D etro it S o u th e rn i 91 S tk E x lis t P r a tt A W h itn p r e f .. 100 385 R e fg g -4 s 1 9 3 6 See £ k E x c h lis t P r o c te r A G a m b le .. .. 1 0 0 205 < S to ck E x c h M e x N a t - N a t of M e x P r e f e r r e d .....................100 2 0 0 13 0 l? E x ch List • R ap T S u b O per 10 pd 100 1 2 0 P re f an d B o n d s See 107 N o r A W e s t-P o c a 4 s . 1 1 § 93 93*8 i R o y a l B a k P o w d p ref. 10 0 104 0 101 101 > R u b b er G oods M fg See St ock E x list. 2 03 P it ts B e s s A L E . . 0 t 36*2 37 R u s s e ll A E r w in .......... 25 t 60 148 P r e fe r r e d .............. O t 73 76 S a fe ty Car H e a t A L t 100 145 ^ B a lt lis t 165 S ea b ’d A ir L in e sto S im m o n s H a r d w com 100 145 k E x c h lis t P r e fe r r e d .................... 10 0 1 4 0 B onds See N Y 145 2d p r e fe r r e d ...............100 140 270 S in g e r M fg C o...............100 25 0 10*2 10 s 1 00 102 S ta n d a rd M illin g C o. 100 3 4 *2 35 A llia n c e R e a lt y .......... 1 0 1 0 0 P r e fe r r e d .................... 10 0 105 80 82 A m a lg C opper See S to k E x c li list 5s 63 0 A m A g r ic C liem See B o sto n list S tan d ard Oil o f -N J ’ . 1 0 0 * 6 2 5 . A m er B a n k N o te C o ... S ta n d a rd R o ta r y M o to r.. •••••• 2 6 60 00 A m B ic y c le See N Y S c E x c h lis t P re fe rr ed ........................... A m e rica n Can co m . . . 1 0 13*4 1334 S ta n d U n d e r g d C able 1 00 2 40 ........ 35 32 0 55*2 56 S tan d ard C ou p ler c o m l 00 125 0 94 96 A m e rica n C h icle Co. P r e f e r r e d .................... 1 0 0 1 2 0 5 3 0 88 92 S to r a g e P o w e r .................5 0 1 A m erica n E le v a te d . 1*2 S w ift A Co See B o s to n St k E x c ii’g e 10 2 3*2 0 1 3 A m er G rapliophone 1 st 5 s 1 9 1 0 - 1 9 1 4 ....J - J § 1 0 1 P r e fe r r e d ................. 0 1 .......... 7% T e n n e s s e e C opper See B o sto n S t k E x 90 A m er H id e A L e a th e 0 7*4 7*2 T e x a s A P a c ific C oal. 100 110 P r e fe r r e d ................. 0 39 40 1 s t 6 s 1 9 OS.................A -0 a 06 6 s See S to c k E x c l it T itle G uar A T r u s t ... 100 5 90 600 172 A m e rica n P a la c e Ca: 0 39 41 T itle I n s Co of N Y ..1 0 0 165 16 15 P r e fe r r e d ................. 0 85 90 T r en to n P o tte r ie s com 100 102 0 90 95 100 P r e fe r r e d ....................10 0 73 74 A m e rica n S c r e w ___ 0 60 T ro w D ir e c to r y n e w . .1 0 0 4 A m er S h ip b u ild in g . U n io n C o p p er.................. 10 • 3% 0 3S 39 20 33 0 98 P r e fe r r e d ................ . 98% U nion Steed A C hain. 100 50 0 2 40 A m Soda F o u n com P r e f e r r e d .................... 10 0 6 91 0 55 1 s t p ref erred .......... U n io n S w itc h A S ig n a l 50 t 90 2d p r e f e r r e d ..___ 0 10 P r e fe r r e d ....................... 50 98 " 0 165 95 A m e rica n S u r e t y ... 180 U n io n T v p e w r c o m .. 10 0 130 A m er S tr a w b o a rd ... 0 38*2 39 1 st p r e fe r r e d ...............100 127 133 A 100 . 2d p r e fe r r e d ...............10 0 1 30 0 30 0 A m er T o b a cco c o m ... U n ite d C o p p er C o___ 1 00 36% 36% Ik E x P r e fe r r e d ................... 0 145 U S C a st Iron P ip e . See X Y S 152 16 0 45 14 A m T y p efo ’ra s t o c k .. U S C otton D u c k ........ 10 0 50 40 A m er W oolen See St k E x ch list U S E n v e lo p e c o m ...1 0 0 73 76 A m or W r itin g P a p e r . 0 3 P r e f e r r e d .....................100 3 35 11 34 P r e fe r r e d .................... 0 U S G la ss c o m m o n ... 100 12 146 J 70 P r e f e r r e d .................... 100 72 43 0 .......... A n th r a c ite C o a l.......... 41 U s ReduotARoiinin& TOO 64 65 B a rn ey A Sm C ar........ 0 ........ . 22 P r e fe r r e d ................... 10.0 P r e fe r r e d ................... 94*2 9 5 0 127 U s S te e l Corn o s (w h iss) 130 9 10 B liss C om pany c o m .. 0 145 U n iv e r s a l T o b a c c o ... lOu 35 0 140 15 115 P r e fe r r e d .....................100 12 14 0 470 \ a Coal Iron A C oke. 100 57 55 st S lo c k E xch B rit C olum Cop 5 s 1 9 4 9 .........................M-S 184% 0 110 113 \ \ o stin g h A ir B rak e. .5 0 f 183 2 2 *2 23 W h i l e Kuol> Mi ni n g . 100 ► 21 0 24 C om 126 W o rth in g P um p p ref. 100 1 2 2 0 65 67 P re i:\ch 106 ) 103 ) 5 6 Si 105 ) 175 > 115 > 78 ) 47 ) t .......... THE CHRONICLE M ay 24 1903.] 1081 Jrawsimeui and pjlaxlroad %\xUllx%mtz. ' R A IL R O A D EARNINGS. The following table shows the gross earnings of every STEAM railroad from which regular weekly or monthly returns can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two columns the earnings for the period from J u l y fl to and including such latest week or month. The returns of the street railways are brought together separately on a subsequent page, N o tice Chang©—Our yearly totals now all date from J u ly 1. L a t e s t G r o ss E a r n i n g s ROADS W eek o r M o n th C u rren t Year I ’resVi ou8 Year L a test Gross learnings J u l y 1 to L a t e s t L a t e C u rren t Year P revio u s ROADS Year $ $ $ $ 155,810 149,654 A d iro n d ack .......... March ... 18,198 14.070 2,164,072 1,922,664 A la G t S outhern . 2d w k M ay 3 3 ,8 4 9 43,491 A la N O A T exas Pao J u n e 55.000 1,689,806 1,634,247 N O & N o E a st. 1th w k Apr 00,000 872,517 28.000 78 *,329 A la A V icksb’g it h w k A pr 32.000 910.871 27,000 770,400 V icksb Sll A P. 4th w k Apr 34.000 A lle g h e n y V alley M a r c h ... 598 In c. 32,080 1,645,23 1,531,643 28,837 A im A rb or........... d w k M ay 5,895 64,519 A nn W ash A Hal. M a r c h ....... 46,232 7,131 A teh Top A S F e. M a rch .__ 4,794,270 4,638,722 44,826,176 40,145,164 A tla n ta & C har.. F e b r u a r y . 236,964 236.416 1,989,694 1,957,288 018,721 36,892 A tl K n oxv A N o. A p r il......... 396,163 51,628 110,641 8,477 A tla n tic A B irm A p r il......... 64,783* 12.193 A tl C oast L in e ... M a rch ....... 822,678, 79SJH 4 6,011,814 5,809,97c 227,562 21,070 194,378 21,975 A tl V ald A W est. A p r il......... B a lt A A nn S L .. M a rch . . . . . 68,302 80,635 7^29 B a lt A O h io .... > A p r il......... 4,142,540 3,879,745 42,227,063 39,084,197 B & O SouthwT. < B a n g o r A A roost M arch 171,389 137,788 1,266,049 1,081.714 B a th A H am nion M arch 2,133 28,794 2,250 33,519 B e lla Zanes A Cin March, 14,421 13,106 B e lie f o n te Cen IT A p r il. 48,445 34,362 3,599 5,719 B r id g t & Saco R. March 30,912 31,813 3,543 2,714 Bull' A ttic a A A rc March. 19, MO 18,975 2,135 2,304 B u ll R ocli A cT its 2d w k M ay 128,716 117,191 5,332,815 5,013,294 B u ffalo A S u s q ... M arch 629,237 56,830 65,590 531,985 B u rl C Rax> A No A p r il. . 396,825 348,175 4,559,904 4,159.231 C anada A tla n tic February, 123,195 106,871 1,187,097 1,172,246 C anadian P acific 2d w k M ay 730,000 565.000 32,529.152 26,607,179 130,734 C ane B e l t ............. M arch 39,411 5,676 12,387 C en t’l of G eorgia 2 d w k M a y 121,530 101,270 6,880,248 6,178,707 C en t’lN e w E n g .. M arch.. .. 449,309 47,850 52,410 534,035 CentT o tN J ersey February 1,217,279 1,164,482 C entral P a c ific .. M arch........ 1,466,185 1,575,810 15,193,285 14,418,316 C hattan South’n . 2d w k M a y 83,895 2,125 1,433 81,718 C hesap A O h io ... 2 d w k M a y 318,799 291,812 14,470,346 13,330,553 Chic A A lton R y . A p r il.___ 662,058 661,637 7.794.197 7,531,169 Chm B u rl A Quin M arch .... 4,163,014 3,940,067 40,615,757 37,754,832 Chic A E Illin o is. 2d w k M a y 104,713 97,710 5,476,041 4.977.436 Chi-j G t W estern. 2 d w k M a y 121,340 125,253 6,622,392 6,067,792 Chic In d A L ’ v . .. 2d w k M ay 85,717 3.942,448 3,570,733 92,717 Chic M ilw A St F M a r ch ....... 3,740,369 3,530,905 34.817,100 32,336,634 Chic A N orth W’n A pril 3,772,224 3,478,050 38,770,897 35,747,181 Chic P eo A S t L .. A pril 122,939 102,241 1,198,915 1.145.437 C hic R I A P a c ... M a r ch .. . . 2,214,010 2,064,950 23,010,435 20,508,795 Chic S t P M A O . March 982,062 856,149 9.127.198 8,225,006 C hic Term Tr RE ls t w k M ay 2 9 ,5 8 2 1,377,241 1,200,271 33.281 C hoc Okl A Gulf* rtlrwk Mar 89,707 75,378 4,054,742 2,877,751 Cin N O A T P a c. 2 d w k M ay 110,157 96,922 4,811,187 4,334.384 Cl Cin Ch A S t L. 2d w k May 333.457 338,999 16,182,125 15,323,036 P eo ria A E a st’n 2d w k M ay 50,077 2,185,736 2,141,318 45,051 C lev Lor A W heel Jan u ary 194,003 143,593 1,542,222 1,162,839 C olorado A Souch 2d w k M ay 99,556 84,808 4,733,509 4,091,445 Col N ew b A L au. M arch 18,962 20,343 139,176 138,888 Col Sand A H ock 2 d w k M a y 22,220 1,056,901 27,191 908,880 C o rn w a ll............. M arch 10,444 7,417 86,358 77,583 C orn w all & L e b .. M arch 24,741 190,281 254,470 23,455 Cum ber 1 d Val ey M arch 890,072 81,619 88.427 822,851 D en v er A R io Gi 2 d w k M a y 209.300 210,300 10,151,75 9,927,102 D etro it Southern, u f iw k j a n 37,752 697,226 753,416 36,479 D e t A M ackinac. M a r c h ...... 93.282 640,214 611,083 77,291 D u l So Sh A A t).. 2d w k M ay 52,861 46,660 2,313,456 2,133,690 E S t L A G arond. February . 10.194 98,797 11,222 110,088 E r i e .........................M a r ch ____ 3,364,923 3,399,634 30,738,354 28,660,569 E v a n sv A In dian 2 d w k M a y 5,681 294.686 5,084 283,631 E v a n sv A T 11... 2 d w k M a y 25,642 1,289,275 1,256,228 27,159 F ’rch ild A N ’r ’e ’n .M arch. . . . . 3,627 3,140 F a rm v A Po w hat M a r c h 6,859 53,001 5,215 46,198 F t W A D en y City M a r ch ....... 169,017 171,884 1,670,646 1,599,049 G eorgia R R ..........M a rch ......... 179,386 163,49 1,552,51 8 1,450,404 Ga South A F la .. IA pril 93,207 91,268 1,0 15,377 1,011,393 G ila V a i G A N . . M arch___ 1 28.428 271,583 25,999 277,348 Gr T runk System 2d wk May 579,916 509,716 25,732,596 24,558,259 Gr Tr A W est’n 3 a w k Apr. 98,948 86,898 3,537,798 3,452,730 D e t Gr H A M .. 3 d w k Apr. 19,179 937,950 18,225 860,663 G reat N orth’n — S t P M inn A M. A p ril......... 2,282,812 1,917,004 25,192,421 19,214,773 E a st’n of M inn. A p r il....... . 556,525 183,843 4,194,903 3,033,115 M on tan a CentT A p ril......... 170,624 178,153 1,463,246 1,815,186 T o ta l sy stem . A p ril......... 2,809,961 2,279,000 30,850,570 24,063,074 G u lfA S h ip Islan d F eb ru a ry . 109,192 898,787 85,488 621,5051 H o ck in g V a lle y .. 2d w kM ay 126,464 103,539 4,488,722 4,010,356 H o n s A T ex Cent March 361,640 443,790 4,082,969 4,476,659 Illin o is C en tra l.. A p ril. 3,344,162 2,953,757 34,096;/63 30,816,719 Illin o is Southern A pril. 9.915 8,917 112,139 95,246! In t A G t N o rth ’n 2d wk May 74,778 84,475 4,296,209 4,416,242j In te ro c (M ex)___ • - k Apr. 26 103,900 A 83,300 3,425,595 3,424,930! Io w a C en tra l___ 2d wk May 38,585 35,629 2,193,114 2,017,358 Iron R a ilw a y ___ A p r il......... 7,667 5,151 48,282 68,989 K an aw ha A Mich.«.A wk May id 22,997 962,644 18,848 790,729 K an C ity S ou t/i’n'M arch.. 511,019 446,222 4,097,676 3,563,561 L ehigh A H udson IFebruary. 297,341 248,912 33,873 25,651 L ehigh Val R i i . . IM arch . .. . 2,042,982 2,531,903 21,076,120 19,622,973 Leb Val C oal C o. M arch . . . . 1,192,416 L,556,881 16,323,845 15,191,43 5 L ex m g A Kejtif n . M a r c h _ _ 55,084 29,404 297,485 260,264 J>ong Islan d . M arch In c. 41) 0,465 In c . 51 ,958 iV nnsv a N ash v. 2d. w k M ay 5 7 0 ,7 4 0 527.000 26,532,262 Ti,401,568 'Macon A B ir m ... A p ril. 7,222 9,157 93.976 105,065 Man te e A G r. Iid s March 7,802 9,806 M an i* A N o East F eb ru a ry . 33.071 32,790 M an 1s t jq u e .......... Apr i 1.. 8.034 7,978 72,579 58,283 M aryl and A Perm vi a r c h .. .. 20,622 179,255 195,232 19,536 1M exican C entral 2d wk M ay M55,9 JO 369,129 16,061,653 14,760,436 M exieari Jntern’l'M arch .. .. 540,373 512,201 4 ,606,496 4,181,689' Week or M onth Wk Apr 26 3d wk Apr. _ March •_ M arch___ 2d wk May 2 d wk May 2 d wk May 2 d wk May 2 d wk May Total.............. 2d wk May Mob Ja ck A K C. WkMay 17 M obile A O hio, .c A p ril____ N ash Oh A S t La. A p ril.. . NatT Ry. of M ex. 2d wk May N ev-C ai-O regon. March....... N evad a C e n tr a l.. February N Y C & H ud Riv Aj>ril......... N Y O ut A W est. March....... N Y Susq A West M arch...... N orfolk A WesPn 2 d wk May v or th e m C entral M arch...... NortlVn P aclffc.. A p r il......... P acific C oast Co February . P e n n —E astP A E e M a r c h ,,... W est P A E § ... M arch...... Pere M a r q u e tte .. 2 d w kM ay P hlla A E r ie ........ M arch..... Pliila Wilm A B . . M arch...... P in e Blf.A A rk.R . M arch...... Pittsb C C A S t L April ....... P ittsb A W est’n. March-----l M exican R y ........ M exican South'd Ml lien A Ho’w T i.. M ineral R a n g e .. Minneap A S t L. M St P A S St M_ Mo K an A T exas Mo P ac A Iron Mt C entral B ranch Plant S y ste m — 1 A la M idland. B run s A W ’n. ( M a rch ,.... Chas A S a v ... Sav F la A W . S ilS Oc A G .. R eading Co. — P hil A R ea d ___ M arch.. .. C oal A i r C o .... M arch.. T o t b oth Co’s .. M arch...... Rich F r’ksb A P . M arch...... Rio G rande J e t .. M arch...... Rio G rande S o ... 2d w k May Rio Gr’d e W e s t .. A p ril......... R u t la n d .......... March....... S t J o s A Gr I ........ A p ril....... . S t L K en ’e t A S o. A p r il...... S t L A N A rk ........ March___ St L A San F ran g id w k May S t L S o u th w e s t.. 2d wk May S t L V an A T H . . A p ril.. .. San A n t A A P . . . M arch..... San F ran A N P .. April......... San P edro LosAng eles A S a lt L. February.. Sav F la A W e s t.. March Seaboard A ir L .. 2d w k May So C A Ga E x t . . . A p ril.. .. So H a v e n A E a st. A p r il_ „. _ S outhern I n d ___ A p r il....... . So P acific Co 6 ... M arch...... C arson A Colo. vi ar c h ...... c e n t P a cific___ d a rch ....... D ir e c t N a v . Co. March...... G al H a r A S A . v a rch ...... ? Gal H ou s A N o d a r c h ...... G u lfW . T. A P. M arch...... H ous. E. AW .T. M arch...... H ou s. A Slirev. Ma rch ...... H ou s A T ex Cen A a rch ___ l Ib eria A Verm . Ma rch ...... L o u is’a W e s t... vi a r c h ...... M organ’s L A T M arch...... N. M ex.A A riz.. 4 a rch ...... N Y T A M ex .. March...... O regon A Calif. March...... Sonora R y M arch...... T e x A N o r l ___ M arch...... So P a c o f Cal .. March.... So. P ac. C oast.. M arch...... So P a c o f A riz. Ma rch ....... So P a c o f N M . M arch...... Southern R a ilw ’y 2 d w k May T erre H A I n d . . . April ____ T erre H A P e o r .. April . ... T e x a s C entral . . . 1st wkMay T e x a s A P a c ific .. 2d wk May T e x S V A N W .. A p r il... ... T o l A Ohio C e n t . 2d wk May T ol P A W est . . . . 2 d wk May Tol St L A W ........ 2d wk May Tor H am A Buff . 1st wkM ay Union P ac RR . ) Oreg RR A N > M arch...... O reg Sh L ine. ) W a b a sh ................. 2d wkMay W J ersey A S ea ’e March....... W heel A L E ........ A p r il....... . W ichita V a lle y ... M a rch ___ Wm’sport A N . Br. March .. . W isconsin C e n t.. 3d wk May W rightsv A T ’n .. M arch...... Y azoo A M iss V.. A p ril......... Current Year P revious Year % $ 80,400 92,600 19,229 18,065 3,01 1 3,843 46,124 43,103 59,609 59,230 11 5,352 97,961 278,677 267,151 571,000 610,000 19,000 14,000 585,000 629,000 3,067 2,648 553,295 443,517 664,113 561,185 161,470 155,140 9,531 8,555 2,700 2,476 o,78£f,793 5,188,745 462,428 446,284 196,417 230,392 368,060 336,290 671,310 645,210 3,164,855 2,738,715 314,418 327,525 8,686,104 8,238,904 I n c . 39 0,700 165,807 161,270 475,061 486,129 963,607 983,307 2,214 3 211 1,792,125 1,642,847 326,491 367,798 806,972 775,655 J u l y I to L a t e s t h a t e . C u rren t Year P r e v io u s Year 3,754,200 3,584,300 435,423 3,025,690 5,314,049 14,426,356 31,519,164 1.051.700 32,676,994 144,124 5,367,402 6,583,231 6,927,043 111,910 26,081 59,032,522 4.355.005 2,089,036 15,209,482 6,327,779 35,189,975 3,401,345 73,206,003 In c . 5,7 8,298,178 5,163,770 8.783.701 28,276 18,039,272 3.210.005 438,195 2,832,812 3,867,135 13,476,802 29,040,294 1,155,405 30,158,181 123,163 5,149,319 6,413,239 6,647,447 109,732 22,046 54,655,872 3,865,427 1,888,903 14,123,065 5,956,979 28,096,072 3,483,126 68,178,903 47,700 7,490,952 4,518,492 8,621,701 22,586 16,120,405 2,910,210 6,357,908 6,109,320 2,465,274 2,415,752 22,541,495 20,923,337 1,772,286 2,043,320 21,928,904 21,129,682 4,237,560 4,459,072 44,470,399 42,053,019 739,540 797,607 92,314 9 6 ,1 2 2 433,343 443,170 39,702 41,145 476,024 501,279 9,415 10,80« 428,700 427,900 4,431,603 4,019,517 1,560,572 __. . . . 90,253 110,953' 1.127.400 1,158,860 114,696 160,809 10,084 23,100 69,207 174,619 18,384 7,763 409,148 361,062 18,969,226 16,706,335 121,236 121,080 6.431.400 6,608,338 175,006 165,809 1,766,934 1,656,959 173,282 192,002 1,918,908 2,070,929 846,801 919,532 81,729 79,791 19,532 13,139 f S 06,972 f 7 7 5 ,0 5 5 (6,357,908 / 6,109,320 220.612 213,171 10,049,876 9,569,795 243,786 236,454 19,732 24,824 62,067 59,514 4,766 4,567 339,867 504,175 51,210 42,129 6,528,219 6,445,785 63,435,970 57,180,822 14 921 29,293 1,466,185 1,575,810 15,193,285 14,418,316 10,04o 7,076 537,689 598,995 5,449,022 5,069,790 23,584 31,046 9,624 9,174 662,430 721,541 70,522 75,618 145,S09 177,087 18,294 13,968 361,640 443,790 4,082,969 4,476,659 3,512 4,993 159,780 145,834 1,441,233 1,254,077 403,283 0 5 0 ,6 0 0 5,954,636 6,027,645 20,853 23,470 210,658 21,472 275,576 24,809 287,991 249,166 49,453 49,330 243,367 257,379 2,212,657 2,055,166 1,700,995 l ,644,794 16,244,536 13,921,183 6 6 681 63,927 446,132 3.-6,035 3,608,078 3,166,406 223,806 219,246 1,988,352 1,701,995 698,373 647,924 32,894,962 31,374,767 131,038 126,892 1,403,727 1,325,473 40,010 461,135 40,773 458,618 8,760 614,723 13,797 526,698 187,661 202,235 10,245,628 10,009,025 11 *,900 10,600 9,500 135.800 60,023 45,098 2,468,058 2,161,841 24,822 989.801 1, 011,220 22,561 44,803 2,241,149 2,094,713 44,725 336,019 8,684 9,149 415,016 3,476,859 3,294,313 36,189,309 32,926,054 339,520 - 285,710 310,373 4,793 8,521 124,500 12,785 520,533 315,622 243,710 217,857 4,824 9,594 100,678 13,678 422.931 16,695,893 15,340,429 2,838,570 2,699,870 2,863,836 2,455,747 84,489 98.299 5,282,376 4,644,748 132,114 115,509 5,663,909 5,324,284 fj C overs r e su lts on lin e s d irectly op erated. * F ig u res from D ec. 1 are for th e railroad o n ly . LMex lean cu rren cy, ^ In c lu d e s P aducah A M em ph is D iv isio n from J u ly 1 in b o th y ea rs, t R esu lts on M on terey A M oxican G u lf are me; udod from March 1 ,1 9 0 2 , but for no p a rt of 1 9 0 c c c o v e r s lin e s d ire ctly o p erated , in clu d in g th e B uffalo A A ilo ’y Val. D iv .l’or b oth y ea rs. b In clu d es the H ouston A T e x a s C entral and its su b sid ia ry linos. E a rn in g s oi th e Crom well S tea m sh ip L ine, n o t p rev io u sly rep o rted , are noy/ al •() include,d. c R esu lts on M ontgom ery D iv isio n are in clu d ed in both y ears. d In clu d es Hfc. P a u l A D uluth lor b oth y ea rs. i f 5 c ’e figures are th e resu lts on th e A la. Midi., B runs w ick A W est., C harles, A S av., Sav. Fla. A Wosr/n an d S ilv e r Springs'. O cala A G u lf , V 'i nese figures Include, b esid es th e Bt. Louis A San Fran, p rop er, the Kan. C ity F t. S o o tt A M em .sy stem and & I& (j 1</ fH E CHRONICLE. 1082 T o t a ls fo r F isc a l Y e a r. i f u ll p a g e s t a t e m e n t o n t h e p r e c e d in g p a g e w e s h o w cn«j g ro is e a r n in g s o f a ll ro a d s fo r th e p e rio d f ro m J u l y 1, t h e b e g i n n in g o f t h e U sual y e a r o f t h e g r e a t t h ait be: t bem m ajority i f th t; ro a d s T h e r e a r e , h o w e v e r, so m e r o a d s t h a t s till h a v t their o w n tiscal years. These w ith their dates are together iu the f o llo w in g . L atest Period. Roado. trevu rus Year. 9 lno. 13,305 Alleghen; V alley................... Jan. 1 to Mar. 31 to Feb. 2,634,986 2,470,627 t l l l H A) (.'A arlulte A ir L in e . Apr. to Apr. 16,939 14,381 B e ll e f o n t e G e n e r a l....................... Jan. 1,677,012 1,648,645 to Apr. B u r lin g t o n C e d a r R ap . A N o. Jan. 2.526,792 2,570,501 to Feb. C e n tr id o f N e w J e r s e y .............. Jan. to Apr. 30 42,663,998 39,4.35.373 C h ic a g o A N o r th -W e s te r n ___ Ju n e to Mar. C h ic a g o K ook I s la n d A K a o .. IA pr. 29.334,694 26,066.074 2,755,292 2,884,728 to Mar. O hio. S t. P. M in n . A O m a h a .. J a n . 2,297,157 1,805.684 C h o c ta w O k la h o m a A G u l f ..|N o v . 1 to Mar. 253,948 237,379 r n m h e r la n d V a l l e y . . . . .............IJan. 1 to Mar. 528 077 F t. W o rth A D e n v e r C it y ........ J a n . 1 to Mar. 520,350 I n t e r n a t io n a l A G t- N o r t h ’n . |J a n . 1 to May 1,677,963 1,789,038 72,241 M a n is te e A N o r th E a s t e r n . . . J a n . 1 to Feb. 66,329 23,654 M a n ls t lq u e ......................................... J a n . X to Apr. 34,044 6,516.833 7,434.466 1 to May M e x ic a n C e n t r a l l ...................... J a n . M e x ic a n I n t e r n a t i o n a l ...............J a n . 1 to Mar. 1,575,809 1,474,737 1,592,100 1,455,300 M e x ic a n R a ilw a y ........................IJ a n . 1 to Apr. 57 073 M e x ic a n S o n t h e r n .......................A pr. 1 to Apr. 52,897 12,201.164 11,997,294 M is so u r i P a c ific ...............................J a n . 1 to May 1 to May 333.700 432,400 C e n t r a l B r a n c h ........................... J a n . 12,614,512 12,429,699 T o ta l ..................... [Jan. I to May 3,128,994 2,840,972 N a t io n a l R R . o f d e x l o o ...........jja n . 1 to May 2,011,625 1,911,425 to Mar. N o r th e r n C e n t r a l...........................J a n . P e n n s y l v a m a .E a s t o f P .A E ..' J a n , 24,822.102 23,424,302 to Mar. Inc. 1,285,800 to Mar. W est o f P . A E ........................ Jan. 3,360 671 3,038,686 to May P e r e M a r q u e t te ............................. Jan. 1,358,790 1,328,366 to Mar. P h ila d e lp h ia A E r ie ................... Jan. P h lla . W ilm ’g ’u A B a lt im o r e . Nov. 4,653,725 4,647,825 to Mar. 7,105,974 6,491,244 to Apr. P it t s . C ln o ln . C h ic . A 8 t . L . . . Jan. 168,010 158,921 to Mar. R io G r a n d e J o n o t l o n ................. Deo. 1,024,002 969.352 8 t . L . V a n d a ila A T e r r e f i . . . . Nov. to Apr. 17,263 14,096 S o u th H a v e n A E a s t e r n ........... Jan. 1 to Apr. 820 383 765,518 T e r r e H a u t e A I n d ia n a p o lis .. Nov. 1 to Apr. 253,987 276,791 T e r r e H a u t e A P e o r i a ............... Nov. 1 to Apr. 4,073,863 4,30S,744 T e x a s A P a c l ll o ............................. Jan. 1 to May 610,564 W e s t J e r s e y A S e a s h o r e .......... Jan. 1 to Mar. 652.464 14.271 18,158 W ic h ita V a l l e y ............................. Jan. 1 to Mar. * T hese figures lnolude th e Buffalo A Allegheny Valley Division In both years. tT h e operations of th e M onterey A M exican Gulf are inoluded from M arch 1,1902. L a te st G ro ss E a r n in g s by W e e k s .— In the ta b le w h ic h fo llo w s w e sum up separately the e a rn in g s fo r the latest w eek . T h e ta b le covers the second w eek of M a y an d show s 8‘76 per cen t increase in the a g g re g a te over the sam e w e e k last year. 2d week of May. A labam a Gt. S outhern.. Ann Arbor . Buffalo Rooh. & P lttsb ’g. C anadian P ao ifio ... . . . . _ C entral of G eo rg ia_ _ C hattanooga S outh ern ... Chesapeake & O h io ........ Chioago A E ast. Illin o is. Chioago G reat W estern. Chio. in d la n ’lls A Loulsv. Cin. N. O. A Texas P a c .. Clev. Cin. Ohio. A St. L .. P eoria E astern Colorado & S outhern_ _ Col. Sandusky A H ock’g. Denver A Rio G rande . D uiuth So. Shore A A t . . . Evansv. & Indianapolis. Evanev. A T erre H aute. G rand T ru n k ............... 1 G rand T runk W e st.. > Det.Gd. Hav. & M ilw . ) Hooking V alley............... In te rn ’i A Gt. N orthern. K anaw ha A Michigan.... Louisville A N ashville .. M exican C entral............. Minn & fit. LoillS.......... Minn. St. P. A S. Ste. M.. Mn K ansas & T exas___ Mo. Paoifio A Iro n M t.... Central Rranoh............. Mob. Jackson A K .C lty.. N ational RR. of Mexioo,. Norfolk W estern____ Pere TVTarqnatte____ ___ Rio G rande S outhern_ _ St. Louis & San F ra n _ _ 8t. i.ouis Bouthweeterii.. Seaboard Air L ine_____ Southern R ailw ay .......... Texas A Paoifio _ ... _ Toledo A Ohio C e n tral.. Toledo Deorla A West'D.. Toledo 8t. L. & West....... W a b a s h ........................... Wisconsin C entral.......... Total (48 roads)........... Net increase (8-76 p. o.).. Increase. 1902. 1901. $ 43,491 28,837 128,716 730,000 121,530 2,125 318,799 104,713 121,340 92,717 110.157 333,457 45,051 99,556 27,191 209,300 52,861 5,681 27,159 33,849 32,080 117,191 585,000 101,270 1.433 291,812 97,710 125,253 85,717 96,922 338,999 50,077 84,808 22,220 210,300 46,660 5,084 25,642 579,916 509,716 126.464 74,778 38,585 22,997 579,740 455.910 59,609 115,352 278,677 571,000 14,000 3,067 161,470 368,060 165,807 10,808 409,148 121,236 220,612 698,373 187,661 60,023 24,822 44,725 339,520 109,000 103,539 84,475 35,629 18,948 527,000 369,129 59,230 97,961 267,154 610.000 19,000 2.648 155,140 336,290 161,270 9,415 361,062 121,080 213,171 647,924 202,235 45,093 22,561 44,803 315,622 91,550 22,925 8,444,041 7,763,677 767.537 680,464 Decrease. 70,200 9 turns are b ro u g h t to geth er h ere in the w e e k in w h ic h w e p u b lish our m onthly a rtic le on net e a r n in g s - say abou t the 20th of the m on th . Besides the com panies fu rn ish in g m on th ly returuB, w e h ave ad d ed this tim e the roads w h ich m ake q u a rte rly returns. The retu rn s o f the stre e t ra ilw a y s we g ive by them selves under a separate head a t the e x tre m e e n d o f these ta b u la tio n s —see page 1084 ■ tiross N a m i n g * . O u rrent Year. $ 9,642 11,525 165,000 20,260 692 26,987 7,003 7,000 13,235 14,748 4,971 6,201 597 1,517 2,956 4,149 52,740 86,781 379 17,391 11,523 419 6,330 31,770 4,537 1,393 48,086 156 7,441 50,449 14,925 2,261 23,898 17,450 $ ........ 3,243 3,913 _ __ _ _ 5,542 5,026 1,000 9,697 39 000 5,000 i4,574 78 87,073 Net Earnings Monthly to Latest Dates.—T h e fo llo w in g sh o w sth e g ro ss a n d n et e a r n in g s to la te s t d ates o f a ll S t e a m ra ilro a d s fu rn is h in g m o n th ly statem en ts. T h e com pilation Includes e v e ry ro a d fr o m w h ic h w e c a n g e t re tu rn s o f this character a n d in th a t fo r m is g iv e n once a m o n th . E a r ly re tu rn s art p u blish ed fr o m w e e k to w e e k , as soon as issu e d , but fo r the convenience o f o u r re a d e rs a ll th e roads m a k in g re_ [VOL. LXXIV. --- tiros* Namings.----, Ourrent Previous 9 Year. 9 Year. H oad*. —N e t N a m i n g * . O urrent P reviou s Year, Year, 9 9 A dirondack a ..Max’. 14,070 18,198 7,311 1,447 July 1 to Mar. 3 1 __ 155,810 149,654 45,146 46,007 A labam a Gt. 8o’t h.uMar. 188,458 190,781 52,438 44,634 Ju ly 1 to Mar. 3 1 _ 1,876,284 1,678,675 _ 499,544 545,677 Allegheny V alley.. Mar. lno. 598 Dec. 35,847 Jan . I to Mar. 3 l . . . . lno. 13,365 Deo. 72,201 Ann A rb o r.b ...M ar. 171,603 142,654 51,616 32,626 July 1 to Mar. 3 1 _ _ 1,437,493 1,310,068 444,954 342,634 Ann’p. W’ah.A ital.aM ar. 7,131 5,895 2,491 2,073 Ju ly 1 to Mar. 3 1 _ _ 62,519 46,232 21,924 12,888 x teh .T . A 8. Fe.i* Mar. 4,794,270 4,638,722 12,059,142 11,752,943 Ju ly 1 to Mar. 3 1 ... 44,826.170 40,145,164 119218759 U 6023638 All. K nox. A N o.a Mar. 51,739 38,502 18,391 9,439 Ju ly 1 to Mar. 31 . 467,093 359,271 181,371 110,247 A tlantic A B lrui’gh.Apr. 12,193 8.477 4,934 3,271 Ju ly 1 to Apr. 30 ... 110,641 64,783 47,513 22,450 A tlantic Coast 1..a.M ar. 822,678 782,914 431,571 346,183 Ju ly 1 to Mar. 3 1 .... 6,011.814 5,809,978 2,358,725 2,291,243 B altim ore A Annapolis 9,616 7,629 3,445 2,503 Short L in e .a .......Mar. July 1 to Mar. . 1 _ _ 80,635 68,302 25,019 23,159 B alt. A O h io .b . ...A p r. 4,142,540 3,879,745 1,274,644 1,250,591 Ju ly 1 to Apr. 30 .42,227,063 39,084,197 15,113,053 13,188,745 Bangor A A ro o st’k bMar. 171,389 137,788 60,020 53,857 Ju ly 1 to Mar. 31_ 1,266,049 1,081,714 _ 465,156 410,839 2,133 2,250 B ath A H am m ’ds.bM ar. 683 747 Ju ly 1 to Mar. 31. .. 33,519 28,794 12,778 18,507 13,106 14,421 Belial re Z. A Gin... Mar. 1,547 2,878 39,921 Jan. 1 to Mar. 3 1 _ _ 41,758 6,987 9.163 5,719 3,599 2,374 Bellefonte C entralbA pr. 213 Jan. 1 to Apr. oO__ 14,381 18,939 7,507 2,915 Boston A M aine b— Jan. 1 to Mar. 31_ 7.112,257 6,814,186 1,938,775 1,915,588 _ Ju ly 1 to Mar. 3 1 .... 23,792,650 23,055,892 6,972,771 6.970.741 B rld g t. A Saco R .bM ar 2,714 3,543 399 842 Ju ly 1 to Mar. 3 1 .... 31,813 30,912 9,210 7,887 21 Buff.Att AA rcade...M ar. 2.304 2,135 644 Ju ly 1 to Mar. 3 1 .... 18,975 19,810 3,326 2,710 189,675 Buff. R. A P lttb s .b .M a r. 516,541 486,968 227,745 Ju ly 1 to Mar. 3 1 .... 4,708,033 4,289,549 1,991,860 1,816,781 25,400 Buflalo A 8’squeh.aM ar. 65,590 56,830 20,721 277,346 Ju ly 1 to Mar. 3 1 .... 629,237 531,985 228,812 S arl.C ed. R.A No.a.M ar. 438.307 386,452 185,793 112,941 537,592 Jan. 1 to Mar. 3 1 .... 1,280,187 1,200,472 395,114 C anada A tlantic.h.F eb. 123,195 106,871 34,888 11,713 340,922 Ju ly 1 to Feb. 2 8 .... 1,187,097 1,172,246 206,593 C anadian P acific.a.M ar. 2,953,770 2,500,619 1,054,915 918,336 Ju ly 1 to Mar. 3 1 ....2 7 ,8 2 2 ,1 5 2 22,816,867 10,780,576 8,796,850 5,676 2,353 Cane B e lt................. Mar. 2,813 12,387 48,674 18,696 Ju ly 1 to Mar.3 1 .... 130,734 39,411 572,502 53,238 67,729 Cent, of G eo rg ia.a.M ar. 631,708 Ju ly 1 to Mar. 3 1 .... 6,106,240 5,524,860 1,721,638 1.719.741 18,343 52,410 13,520 C entral New E ng.b.M ar. 47,850 534,035 136,269 123,575 Jn ly 1 to Mar. 31_ _ 449,309 462,874 444,394 Gent, of N. Je rsey .a.F eb . 1,217,279 1,164,482 Jan . 1 to Feb. 2 8 .... 2,526,792 2,570,501 1,004,952 1,098,738 457,199 590,879 c e n tra l Paolflo. b...M ar. 1,466,185 1,576,810 Ju ly 1 to Mar. 3L._.. 15,193,285 14,418,316 5,636,605 5,624,858 815 def.3,438 CUattan’ga S outh.aA pr. 9,285 5,570 Ju ly 1 to Apr.3 0 .... 79,963 79,041 def.22,073 def.25,303 504,568 411,127 C iesap . A Ohio b .M a r . 1,434,081 1,264,373 ------------Ju ly 1 to Mar. 3 1 .... 12,478,825 11,575,730 4,692,357 4,430,861 176,232 210,165 Chioago A A lto n .a . Apr. 662,058 661,637 Ju ly 1 to Apr. 3 o .... 7,794,197 7,531,769 2,535,433 2,582,102 O H I O . B url. A O m n.bM ar. 4,163,014 3,940,067 1,559,160 1,391,174 Ju ly 1 to Mar. 3 1 ....4 0 ,6 1 5 ,7 5 7 37,754,832 15,690,141 14,124,241 484,080 438,235 205,943 187,743 Uhio. A E a st. 111.b.. Apr. Ju ly 1 to Apr. 3 0 _ 5,246,406 4,769,109 2,396,764 2,0*2,687 _ 578,968 569,318 167,514 179,967 Uhio. G t. W est’n .b .A p r. Ju ly 1 to Apr. 3 o — 6,374,466 5,813,550 1,800,315 1,804,230 386,327 338,012 147,950 115,199 Ohio. Ind.A L ouis. a.M ar. Ju ly 1 to Mar. 3 i _ 3,375,208 3,043,066 1,291,274 1,089,377 _ Calc. M. di 8 t. P .a ..M a r. 3,740,369 3,530,905 1,367,226 1,240,744 Ju ly l t o Mar. 31 ...3 4 .8 1 7 ,1 0 0 32,3S6,634 12,507,850 11,709,723 Calc. R .I. A P a o .a d M ar. 2,214,010 2,064,950 1,189,618 802,276 Apr. 1 to Mar. 3 1 ....2 9 ,3 3 4 ,6 9 4 26,006,074 11,079,969 8,900,981 53,942 C ilo .T e r.T ra n si.b .M a r. 135,306 112,885 63,330 501,250 Ju ly 1 to Mar. 3 1 .... 1,186,223 1,046,268 851,631 162,982 'C h o ctaw O k .A U .b Jan . 469,564 357,987 188,273 545,103 Nov. 1 to Jan. 3 1 .... 1,428,163 1,087,913 572,653 114,440 Oln. N. O. A T. P .a.M ar. 477,519 445,672 127,194 966,092 Ju ly 1 to Mar. 3 1 .... 4,121,835 3,726,958 1,062,978 357.976 Cl.Om.Ohlo.ASt.L.aMar. 1,460,436 1,385,863 338,821 Ju ly 1 to Mar. 3 1 ....1 4 ,1 2 3 ,3 4 2 13,287,684 S,767,234 3,834,167 76,160 P eoria A E a s t’n.a.M ar. 209,289 207,360 48,515 652,055 Ju ly 1 to Mar. 3 1 .... 1,902,127 1,842,965 510,814 102,005 Ooloi’do A South. b.M ar. 451,690 366,301 115,597 949,744 Ju ly 1 to Mar. 31 .4 ,1 4 0 ,3 0 5 3,569,693 1,110,500 193 Oolum.Newb.A L. b.Mar. 20,343 18,962 S,585 S3,744 Jnly l to Mar. 31 . . . 139,176 138,838 47,401 8,455 Col. Sand. A H ock.bM ar. 91,260 71,791 17.9SS 128,931 Ju ly 1 to Mar. 31 . . . 916,553 789,134 205,491 Cooperstow n& O har.V al.— „ S.40A Jan . 1 to Mar. 3 1 .... 12,242 12,597 S.725 5.235 C o rn w all.a................Mar. 7,417 10,444 2,206 33,030 Ju ly 1 to Mar. 3 1 .... 86,358 77,£>83 36,306 18.045 Cornw all A Leban.aM ar. 24,741 23,455 li.4 l3 82,537 Ju ly 1 to Mar. 3 1 .... 264,470 190,2b* VH.865 36,788 C um berland V al.b.M or. 88,427 81,619 S0,6t».> 78,643 Jan. 1 to Mar. 3 1 .... 263,947 237.378 89,502 THE CHRONICLE M ay 24, 1902,] R o a d s. — Gross E a rn in g s.---- * ,---- R et E a rn in g s.— C u rren t P reviou s C u rren t P revious Year. Y ear. Year. Y ear. $ $ D e la w a r e A H ’d so n C o.H enna. A S a r a to g a b — 1 2 2 ,8 0 0 5 2 8 ,7 9 1 5 5 7 ,9 4 5 Jan . 1 to Mar. 3 1 _ _ N. Y. A C anada b 8 9 ,0 3 3 2 3 7 ,6 3 8 2 3 8 ,3 1 9 Ja n . 1 to Mar. 3 1 . . . A lb a n y A S u sq . b — 5 6 3 ,6 4 0 Ja n . 1 to Mar. 3 1 . . . , 1 ,1 1 5 ,9 4 2 1 ,2 6 1 ,3 0 6 D e l. L a ck . A W estern — N . Y. L aok. A W e s t.b — 8 2 2 ,3 5 0 Ja n . 1 to Mar. 3 1 . . . 1 ,7 9 6 ,2 0 6 1 ,9 6 4 ,1 1 7 S y r. B in g . A N . Y .b — 9 7 ,3 5 7 2 2 9 ,7 i 0 2 3 0 ,5 6 8 Jan . 1 to Mar. 31 . . 3 1 6 ,2 6 4 9 0 9 ,7 4 8 8 4 1 ,4 2 0 D e n v . A R io G ’d e.b .M or. J u ly 1 to Mar. 3 1 . . . . 8 ,8 6 1 ,6 5 5 8 ,6 4 9 ,2 0 2 3 ,2 4 7 ,7 0 5 4 5 ,8 5 0 7 7 ,2 9 1 9 3 ,2 8 2 D e tr o it A M aok’o.aM ar. 6 1 1 ,0 3 3 1 8 4 ,2 8 0 6 4 0 ,2 1 4 J u ly 1 to Mar. 3 1 . . 7 1 ,0 2 3 2 0 1 ,0 2 1 2 0 4 ,7 4 7 D n l. So. 8 b .& A tl. b.M ar. 7 1 1 ,4 1 5 J u ly 1 to Mar. 3 jl. . . . 1 ,9 6 8 ,7 9 4 1 ,8 3 8 ,7 6 0 9 0 4 ,7 9 4 B rie, a .......................... Mar. 3 ,3 6 4 ,9 2 3 3 ,3 9 9 ,6 3 4 J u ly 1 to Mar. 3 1 . . . 3 0 ,7 3 8 ,3 5 4 2 8 ,6 6 0 ,5 6 9 8 ,8 6 7 ,5 2 8 2 ,2 6 2 3 ,1 4 0 3 ,6 2 7 F a ir ch ild & N . Mast.Mar. 9 ,9 7 2 6 ,5 0 5 1 0 ,3 9 1 Jan . 1 to Mar. 3 i . . . 1 ,0 7 5 5 ,2 1 5 6 ,8 5 9 F arm v. & P o wh* tfd . aM ar. 4 ,1 0 8 4 6 ,1 9 8 5 3 ,1 0 1 J u ly 1 to Mar. 3 1 . . . F o n d a J o h n st. A G lo v . 2 2 ,6 9 4 6 8 ,9 0 3 7 3 ,0 0 3 Jan . 1 to Mar. 3 1 . .. , 4 3 ,3 4 5 1 6 9 ,0 1 7 1 7 1 ,8 8 4 FC.W.ds D e n O ity .b M a r. 1 4 5 ,0 0 0 5 2 0 ,3 5 0 5 2 8 ,0 7 7 Jan . 1 to Mar. 31 — 1 6 3 ,4 9 2 6 0 ,9 8 5 1 7 9 ,3 8 6 G e o r g ia .a ................ . Mar. 5 5 4 ,2 0 3 J u ly 1 to Mar. S t . . . , 1 ,5 5 2 ,5 1 8 1 ,4 5 0 ,4 0 4 1 3 ,7 1 1 9 3 ,2 0 7 9 1 ,2 6 8 G a. S o u th . A F la .a . Apr. 2 5 8 ,5 0 2 . 1 ,0 4 5 ,3 7 7 1 ,0 1 1 ,3 9 2 J u ly 1 t o Apr. 1 5 ,3 2 2 2 5 ,9 9 9 2 8 ,4 2 8 G ila V a l.G lo b eA N o .M a r. 1 4 1 ,6 6 3 2 7 1 ,5 8 3 2 7 7 ,3 4 8 J n ly 1 to Mar. 3 1 . . . 7 9 8 ,6 0 9 © r, T r a n k o f C a n ,..M a r . 2 ,0 6 8 ,7 9 2 1 ,8 7 6 ,5 6 1 Jan . 1 to Mar. 3 1 _ _ 5 ,4 9 0 ,4 9 8 5 ,3 3 9 ,1 4 7 1 ,7 8 7 ,0 1 5 7 0 ,5 6 6 3 8 2 ,0 2 8 4 2 5 ,8 2 7 Gr. T run k W est...M a r . 1 5 9 ,6 2 5 Jan . l to Mar. 3 1 - .. 1 ,0 7 9 ,8 9 8 1 ,0 5 7 ,0 2 5 8 6 ,6 2 6 8 3 ,2 1 9 2 5 ,3 0 7 D e t. Gr. H . A M il.M ar. 7 8 ,8 3 9 2 6 3 ,2 8 4 2 3 6 ,5 1 7 Jan . 1 to Mar. 3 1 . . . G reen w ich & J o h n s o n v .3 ,3 6 5 1 0 ,8 1 1 Jan . 1 to Mar. 3 1 . . . 3 4 ,0 3 8 1 0 9 ,1 9 2 8 5 ,4 8 8 G u lf A Ship I s i . . . a. F eb. 6 2 1 ,5 0 5 2 7 0 ,2 7 3 8 9 8 ,7 8 7 J u ly 1 to F eb . 2 8 _ _ 1 4 8 ,0 9 8 4 0 9 ,8 2 1 H o c k in g V a lle y .a ..M a r . 3 4 5 ,7 9 3 J u ly 1 to Mar. 3 1 . .. , 3 ,8 3 3 ,4 3 5 3 ,4 9 4 ,0 9 1 1 ,4 5 9 ,2 5 0 3 6 1 ,6 4 0 4 4 3 ,7 9 0 3 8 ,8 4 6 U o u s t. A T e x . O ent.M ar. J u ly 1 to Mar. 3 1 _ _ 4 ,0 8 2 ,9 6 9 4 ,4 7 6 ,6 5 9 1 ,4 3 8 ,4 9 8 I llin o is C e n tr a l.. .a.M ar. 3 ,5 0 9 ,1 1 6 3 ,2 2 0 .4 3 4 1 ,2 3 2 ,5 3 1 J u ly 1 to Mar. 3 i — 3 0 ,7 5 2 ,6 0 6 2 7 ,8 6 2 ,9 6 2 1 0 ,2 4 8 ,8 1 9 2 2 2 ,0 2 1 1 9 2 .3 6 3 4 5 ,2 7 8 Io w a C en tr a l a . . . Mar. 3 8 5 ,4 6 8 J u ly 1 t o Mar. 3 1 . . . 1 ,9 4 9 ,6 0 8 1 ,7 8 2 ,7 2 6 6 ,0 4 1 3 ,4 2 0 7 ,9 4 9 Ir o n R a ilw a y , b ___Mar. 2 5 ,8 8 0 9 3 ,4 1 2 K a n a w h a A M ich .a.M ar. 8 2 ,5 2 8 1 7 0 ,2 9 2 8 2 6 ,7 1 5 6 9 1 ,9 9 7 J u ly 1 t o Mar. 3 1 . . . K a n o n a A P r a tt sb u rg— d e f.1 8 2 3 ,9 4 2 4 ,0 3 2 Jan . i to Mar. 31 — 4 4 6 ,2 2 2 1 7 1 ,8 7 0 5 1 1 ,0 1 9 K a n .C ity S o u th .a ..M a r , J u ly 1 to Mar. 31 — 4 ,0 9 7 ,6 7 6 3 ,5 6 3 ,5 6 1 1 ,3 1 0 ,1 4 7 L a k e 8h . A M ich . S o .b — Jan . 1 to Mar. 3 1 ___ 6 ,8 4 5 ,8 9 7 6 ,6 0 7 ,7 4 8 2 ,3 8 5 ,8 7 5 1 6 6 ,3 0 5 L e h ig h V a l. R R .a -.M a r. 2 ,0 4 2 ,9 8 2 2 ,5 3 1 ,9 0 3 J u ly 1 to Mar. 3 1 . . . 2 1 ,0 7 6 ,1 2 0 1 9 ,6 2 2 ,9 7 3 3 ,8 9 4 ,4 9 7 Le . Y . C oal Oo.a.M ar. 1 ,1 9 2 ,4 1 6 1 ,5 5 6 ,8 8 1 d f.1 5 2 ,0 1 5 J u ly 1 to Mar. 3 1 . .. , 1 6 ,3 2 3 ,8 4 5 1 5 ,1 9 1 ,4 3 5 d f.3 5 6 ,2 3 9 T o ta l b o th co ’s.a .M a r 1 4 ,2 8 9 3 ,5 3 8 ,2 5 8 J u ly 1 to Mar, 3 1 . . . 1 4 ,0 2 1 L e x in g ’n A E a s t.b ..M a r . 3 5 ,0 8 4 2 9 ,4 0 4 1 1 1 ,9 6 4 2 9 7 ,4 8 5 2 6 0 ,2 6 4 J u ly 1 to Mar. 3 1 . . . L o n g I s la n d b — 9 5 3 ,4 2 3 1 5 ,8 3 4 Ja n . 1 to Mar. 3 1 . . . 8 3 4 ,6 2 6 8 0 7 ,7 8 0 L o u lsv . A N a s h v . b.M ar. 2 ,0 0 6 ,3 7 5 2 ,4 9 8 ,2 4 3 J u ly l to Mar. 3 1 . . . .2 2 ,9 0 4 ,2 0 7 2 1 ,1 2 0 ,6 3 4 7 ,4 5 4 ,5 4 8 8 ,4 7 0 M a co n A B lrm ln g b M a r . 9 ,6 8 1 d ef. 1 ,1 9 0 8 6 ,7 5 4 9 5 ,9 0 8 7 ,9 8 8 J u ly 1 to Mar. 3 1 . . . M a n h a tta n E le v a te d b Ja n . 1 to Mar. 3 1 . . . . 2 ,8 7 8 ,2 3 6 2 ,5 0 2 ,0 4 3 1 ,4 7 7 ,8 5 8 7 ,8 0 2 9 ,8 0 6 d e f.1 ,8 7 5 M a n istee A Gr. R ap-M ar. 3 3 ,0 7 1 3 2 ,7 9 0 1 8 ,8 6 2 M a n istee & N o. E .a .F e b . 7 2 ,2 4 1 6 6 ,3 2 9 4 4 ,4 6 6 Jan. 1 to Feb. 2 8 . . . 8 ,0 3 4 1 ,5 7 5 M a n istlq u e .to ............Apr. 7 ,9 7 8 2 3 ,6 5 4 3 4 ,0 4 4 8 ,0 9 3 Jan . 1 to Apr. 3 0 . . . 2 0 ,6 2 2 1 9 ,5 3 6 0 ,0 5 3 M arylan d & P e n n ..M a r . 1 9 5 ,2 3 2 1 7 9 ,2 5 5 5 8 ,4 4 9 J u ly 1 to Mar. 31 .. M ex ica n C e n tr a l...M a r . e l , 8 0 8 ,2 5 8 1 ,5 3 6 ,8 5 4 e 6 2 3 ,2 6 4 Ja n . 1 to Mar. 3 1 . . . e 4 ,8 8 8 ,7 8 4 4 ,3 6 8 ,7 1 1 e l , 6 4 8 ,9 1 3 2 2 0 ,2 0 4 5 1 2 ,2 0 1 M ex . In te rn a tio n a l.M a r . 5 4 0 ,3 7 3 6 3 7 ,8 1 2 Jan . 1 to Mar. 3 1 . . . 1 ,5 7 5 ,8 0 9 1 ,4 7 4 ,7 3 7 3 ,0 1 1 3 ,8 4 3 890 M illen A S o u th w est. Mar. 4 0 ,1 2 4 4 3 ,1 0 3 8 ,4 8 4 M ineral R an g e, h . . . Mar. 0 4 ,0 7 5 4 3 5 ,4 2 3 4 3 8 ,1 9 5 J u ly l to Mar. 31 1 4 1 ,8 6 3 298,1 69 2 8 2 ,4 9 9 M inn. A S t. L ou is.a .M a r. J u ly I to Mar. 3 1 . . . . 2 ,0 3 6 ,7 0 2 2 ,4 5 8 ,1 6 7 1 ,1 2 2 ,0 3 2 4 5 0 ,3 4 7 3 0 4 ,1 0 6 2 0 7 ,7 3 4 M, St. P. A S. H. M .b.M ar. J u ly 1 t o Mar. 3 1 . . . , 4 ,0 2 0 ,5 8 5 3 ,2 6 5 ,4 3 2 2 ,5 1 1 ,0 8 7 2 7 1 ,2 6 4 Mo. K an . A I e x a s .a .M a r . 1 ,2 4 0 ,3 3 7 1 ,2 5 9 ,7 0 1 J u ly 1 to Mar. 3 1 . . . 1 2 ,0 1 4 ,0 3 2 1 1 ,7 8 9 ,8 0 0 3 ,7 9 4 ,1 5 4 M issou ri P a d fic . b . . Mar. 3 ,0 6 9 ,2 6 5 2 ,9 3 1 ,8 4 8 1 ,1 7 2 ,6 7 7 Jan. 1 to Mar. 3 1 _ _ 8 ,5 0 3 ,5 1 3 8 ,5 0 0 ,2 9 9 2 ,2 5 3 ,1 6 2 6 7 0 ,6 1 0 6 6 4 ,6 6 3 1 0 8 ,1 4 4 n N a s h . O h.A St.L.fcM ar. J u ly I to Mar. 3 1 . .. , 5 ,9 1 9 ,1 1 8 5 ,8 5 2 ,0 5 4 1 ,7 9 9 ,9 1 2 7 1 7 ,9 2 1 Jfat’l HR, of M ex,c.M ar. 6 7 5 ,3 1 5 2 2 3 ,0 1 3 Jan, 1 to Mar. _ _ 2 ,0 8 1 ,3 0 5 1 ,9 0 9 ,4 8 3 6 4 9 ,0 3 5 H er.-C al.'-O regon, a . Mar. 8 ,5 5 5 9 ,5 3 1 3 ,0 1 9 1 1 1 ,9 1 0 1 0 9 ,7 3 2 _ J u ly 1 to Mar. 3 1 _ 4 0 ,3 3 1 2 ,4 7 6 N e v a d a C e n tr a l — Feb. 2 ,7 0 0 640 26,081 2 2 ,0 4 6 J u ly 1 to Feb. 2 8 . . . 348 We wb. IPfccb e s s A Co ii n .3 4 ,7 9 2 3 7 ,2 0 8 J an . 1 to Mar. 3 1 . . . . 8 ,1 2 5 $ 1 2 2 ,4 2 1 8 0 ,8 7 0 0 9 8 ,8 4 3 8 8 5 ,0 8 7 1 1 7 ,6 8 4 3 8 4 ,1 4 5 3 ,2 4 2 ,0 9 6 2 3 ,8 4 7 1 8 1 ,6 6 2 7 5 ,8 3 4 6 1 9 ,1 8 8 8 9 2 ,2 9 0 7 ,5 9 9 ,7 0 9 2 ,0 4 7 0 ,3 3 1 d e f.8 4 0 d e f.9 ,O i l 1 6 ,8 0 3 4 9 ,6 8 4 1 5 9 ,1 6 7 4 7 ,4 2 5 4 8 8 ,9 7 6 1 6 ,5 3 5 2 6 1 ,0 7 0 1 1 ,0 8 2 1 4 9 ,4 8 3 593*238 1 ,5 7 9 ,6 9 8 7 7 ,3 7 9 1 5 3 ,7 8 5 1 8 ,9 8 0 5 2 ,5 5 9 8 ,2 7 2 1 2 8 ,6 4 1 1 3 0 ,2 5 2 1 ,4 2 7 ,9 6 2 1 3 4 ,9 7 4 1 ,9 9 5 ,9 7 5 1 ,1 8 5 ,7 9 0 8 ,8 7 3 ,0 8 4 5 6 ,9 ) 5 3 1 4 ,6 9 5 1 ,3 7 9 2 3 ,8 0 8 1 4 0 ,2 7 6 1 ,2 0 5 1 3 3 ,1 3 1 9 2 0 ,3 7 9 2 ,4 2 6 ,7 3 3 7 7 1 ,6 0 6 3 ,5 1 3 ,5 4 2 d ef. 3 7 ,2 4 1 df. 4 7 4 ,7 4 3 7 3 4 ,3 6 5 3 ,0 3 8 ,7 9 9 1 1 ,6 7 9 9 7 ,6 9 0 1 4 ,9 4 3 8 7 8 ,5 7 7 7 ,7 9 3 ,9 0 0 def. 1 ,7 8 6 d e f.6 2 0 1 ,1 5 3 ,9 0 7 ICO 1 8 ,7 0 0 3 7 ,0 6 6 3 ,7 5 5 1 9 ,5 2 1 6 ,8 7 9 4 3 ,0 0 3 4 3 6 ,4 0 1 1 ,2 1 9 ,5 7 8 2 3 2 ,3 4 7 6 5 5 ,8 8 9 586 795 7 4 ,8 9 1 1 3 9 ,8 3 8 1 ,0 4 3 ,1 9 3 1 6 4 ,6 9 1 1 ,3 7 9 ,8 8 1 2 8 5 ,4 1 9 3 ,6 7 3 ,3 0 7 1 ,0 4 7 ,7 4 0 3 ,0 8 6,45b 2 2 1 ,9 6 9 1 ,9 8 8 ,7 8 8 2 3 5 ,4 9 7 0 1 5 ,9 2 2 2 ,3 1 0 3 7 ,5 7 0 d e f.2 1 7 4 ,1 7 8 7 ,1 0 5 R oasts. 1083 — Cross E a rn in g s.— C u rren t P reviou s Y ear. Year. & % — Net E a rn in g s.---- * C u rren t P revious Year. Year. % % N ew J e r s e y A N e w Y ork b Jan. 1 to Mar. 3 1 . . . . 7 5 ,0 6 2 7 2,39ft 1 9 ,1 1 2 9 ,3 6 5 N ew L on don N o r th e r n — 4 9 ,1 0 4 Jan . 1 lo Mar. 3 1 . . . . 2 2 3 ,5 3 6 2 1 9 ,3 7 8 2 8 ,3 6 2 N. Y. C hic. A S t. L. b — 4 4 4 ,8 8 7 Jan . 1 to Mar. 3 1 . . . . 1 ,7 5 4 ,6 4 5 1 .7 8 5 ,5 2 7 4 3 4 ,7 6 1 N. Y. N. II. A H a r t.b — Jan . 1 to Mar. 9 ,7 2 7 ,2 1 0 8 ,9 4 9 ,8 3 7 2 ,4 5 2 ,5 9 8 2 ,2 4 1 ,8 8 6 J u ly 1 to Mar. 3 1 ....3 1 ,9 5 4 ,0 0 6 2 9 ,5 3 2 ,3 1 0 9 ,8 2 6 ,2 8 8 9 ,0 7 6 ,4 6 7 1 1 3 ,5 0 2 4 4 6 ,2 8 4 N. Y. O n t. A W est.a M a r. 1 0 1 ,9 6 2 4 6 2 ,4 2 8 J u ly 1 to Mar. 3 1 . . . . 4 ,3 5 5 ,0 0 5 3 ,8 6 5 ,4 2 7 1 ,1 6 9 ,7 2 9 1 ,1 4 2 ,0 7 5 N. Y. A O tta w a — 1 9 ,2 4 0 d e f.3 ,5 5 2 d ef. 1 4 .3 0 0 Jan . 1 to Mar. 3 1 . . . . 2 2 ,6 5 7 N . Y . A P e n n s y lv a n ia — 1 8 ,6 0 6 d e f.4 ,7 8 5 2 ,6 5 2 Jan . 1 to Mar. 3 1 ----1 9 ,2 1 6 N . Y . A K o c k a w a y B .— 2 1 ,1 7 2 d e f.1 0 ,8 2 2 d ef. 1 7 ,2 7 3 2 4 ,1 6 6 Jan . 1 to Mar. 3 1 . . . . 8 0 ,2 7 2 2 3 0 ,3 9 2 1 9 6 .4 1 7 N. Y . S u s. A W est.a .M a r. 1 0 3 ,0 9 9 9 7 1 ,8 0 1 J u ly 1 to Mar. 3 1 ----- 2 ,0 8 9 ,0 3 6 1 ,8 8 8 ,9 0 3 8 1 1 .5 2 5 5 8 8 ,4 4 3 N o rfo lk A W est’n .a .M a r. 1 ,4 8 6 ,8 6 5 1 ,4 2 1 ,0 8 6 5 5 8 ,5 1 1 J u ly 1 to Mar. 3 1 ... .1 2 , 9 5 8 ,4 1 4 1 2 ,2 7 4 ^ 7 2 5 ,4 6 9 ,9 6 2 4 ,0 6 4 ,9 1 6 1 7 4 ,7 9 6 o rth er n C en tr a l, b Mar. 6 7 1 ,3 1 0 0 4 5 ,2 1 0 1 6 9 ,8 9 6 5 4 8 ,9 0 8 Jan . 1 to Mar. 3 1 . . . . 2 ,0 1 1 ,6 2 5 1 ,9 1 1 ,4 2 5 4 5 9 ,5 0 8 N o rth e rn P a c if ic .b . Feb. 2 ,8 0 5 ,5 1 8 2 ,0 6 6 ,7 1 8 1 ,3 6 3 ,3 9 7 9 4 2 .5 2 6 J u ly 1 to F eb. 2 t t . . . . 2 8 ,2 0 6 ,1 7 2 2 1 ,6 3 0 ,6 8 1 1 4 ,3 4 3 ,8 7 8 1 1 ,0 0 7 ,9 0 2 P a cific C o a st C o m p a n y - S e e M is c e lla n e o u s C o m p a n ie s. P e n n s y lv a n ia — L in es d ir e c tly o p e r a t e d | E a st o f P itts.A E .M a r . 8 ,6 8 6 ,1 0 4 8 .2 3 8 ,9 0 4 2 ,6 8 6 ,9 1 9 2 ,6 5 4 ,9 1 9 *j Jan . 1 to Mar. 3 1 ....2 4 ,8 2 2 ,1 0 2 2 3 ,4 2 4 ,3 0 2 7 ,4 3 6 ,2 1 5 7 ,3 4 6 ,5 1 5 D ec. 3 ,4 0 0 tf ea t o f P it t s . A E.M ar. In c. 3 9 0 ,7 0 0 In c. 2 5 6 ,1 0 0 Ja n . 1 to Mar. 3 1 . . . . In c. 1 ,2 8 5 ,8 0 0 8 3 2 ,3 5 5 0 9 5 ,2 1 5 P er e M a r q u e tte .a .. Mar. 2 1 5 ,4 5 4 1 2 9 ,5 9 0 4 5 5 ,3 8 6 Ja n . 1 to Mar. 3 1 . . . .. 2 ,2 8 0 ,3 7 0 1 ,9 7 3 ,9 5 4 3 3 3 ,1 2 2 4 8 6 ,1 2 9 4 7 5 ,0 6 1 1 5 1 ,5 5 9 -P h ila . a E rie, b .. - .. M an 1 6 0 ,8 9 6 3 9 6 ,8 8 4 Ja n . 1 to Mar. 3 1 . . . . 1 ,3 5 8 ,7 9 0 1 ,3 2 8 ,3 0 6 3 8 8 ,8 6 2 9 6 3 ,6 0 7 2 8 6 ,2 1 8 P hil. W H i d . A B& it.bM ar. 9 8 3 ,3 0 7 2 0 7 ,9 1 8 N ov. 1 to Mar. 3 1 . . ... 4 ,6 5 3 ,7 2 5 4 ,0 4 7 ,8 2 5 1 ,3 4 8 ,7 1 3 1 ,3 5 3 ,0 1 8 3 ,2 1 1 2 ,2 1 4 1 ,7 3 5 P in e B lu fi A A rk. R .M ar. 1 ,0 6 2 2 2 ,5 8 6 2 8 ,2 7 4 1 2 ,9 2 9 1 1 ,0 5 2 J u ly 1 to Mar. 3 1 . . . . 4 3 6 ,7 9 1 4 3 9 ,1 0 4 F it t s . O. C. A S t.L .a .A p r,. 1 ,7 9 2 ,1 2 5 1 ,6 4 2 ,8 4 7 .. Ja n . 1 to Apr. 3 0 ----- 7 ,1 0 5 ,9 7 4 6 ,4 9 1 ,2 4 4 1 ,8 7 5 ,1 4 5 1 ,7 4 4 ,0 3 9 P itts: S lia w m u t A N o .— 1 4 7 ,2 0 3 5 2 ,4 8 2 Jan . 1 to Mar. 3 1 . . . 3 0 0 ,7 1 3 2 9 9 ,0 0 4 P itts.A W est. S y s.b .J a n . 6 6 ,9 8 6 9 5 ,2 5 5 - 2 ,6 2 4 ,2 9 9 2 ,3 0 3 ,6 4 1 9 1 6 ,1 4 1 J u ly 1 to Jan . 3 1 7 8 5 ,0 3 8 P o rt J ’rv is M ont, A N . Y .— Jan . 1 to Mar. 3 1 , . . . 1 2 ,0 0 3 1 1 ,1 2 7 d e f.2 ,8 8 3 d e f.5 9 5 R ea d in g C o m p a n y — A R ea d ’g. b.M ar.. 2 ,4 6 5 ,2 7 4 2 ,4 1 5 ,7 5 2 8 9 7 ,0 6 5 8 0 6 ,5 1 3 J u ly 1 to Mar. 3 1 .2 2 ,5 4 1 ,4 9 5 2 0 ,9 2 3 ,3 3 7 8 ,6 0 7 ,8 7 1 7 ,1 2 2 ,9 2 4 Goal A Ir o n C o. b .M ar.. 1 ,7 7 2 ,2 8 6 2 ,0 4 3 ,3 2 0 4 7 ,0 1 3 1 6 1 ,8 2 9 ..2 1 ,9 2 8 ,9 0 4 2 1 ,1 2 9 ,6 8 2 1 ,8 2 6 ,1 0 4 1 ,6 6 4 ,9 2 8 J u ly 1 to Mar. 3 T o ta l b o th C o.’s.bMar^ 4 ,2 3 7 ,5 6 0 4 ,4 5 9 ,0 7 2 , 9 6 8 ,3 4 2 9 4 4 ,0 7 8 J u ly 1 to Mar. 3 1 — .4 4 ,4 7 0 ,3 9 9 4 2 ,0 5 3 ,0 1 9 1 0 ,4 3 3 ,9 7 5 8 ,7 8 7 ,8 5 2 R ea d in g C o. b . . . . . Mar. 7 8 ,9 0 2 1 3 ,2 2 9 J u ly 1 to Mar. 3 1 . . . 8 0 4 ,3 4 7 1 8 6 ,6 4 6 a ........... T o ta l a ll C om p's.bM ar. 1 ,0 2 2 ,9 8 0 9 8 1 ,5 7 1 J u ly 1 to Mar. 3 1 . . .. 1 1 ,2 3 8 ,3 2 2 8 ,9 7 4 ,4 9 8 9 6 ,1 2 2 R ich . F red . A P o t..M a r . 9 2 ,3 1 4 3 0 ,0 4 0 3 0 ,6 3 8 J u ly 1 to Mar. 3 1 . . 7 9 7 ,6 0 7 7 3 9 ,5 4 0 2 7 4 ,3 5 2 2 9 5 ,3 6 8 R io G ran d e J n n o t..M a r . 3 9 ,7 0 2 f 1 2 ,3 4 3 4 1 ,1 4 5 f 1 1 ,9 1 0 D eo. 1 to Mar. 3 1 . . . .. 1 6 8 ,0 1 0 1 5 8 ,9 2 1 T 5 0 ,4 0 3 f 4 7 ,6 7 6 E io G ra n d e S o u th , h Mar. 4 0 ,6 4 2 1 8 ,4 7 4 3 9 ,8 7 8 1 7 ,7 9 7 J u ly 1 to Mar. 3 1 .,.... 4 1 7 ,9 0 1 4 3 0 ,1 6 1 1 9 4 ,8 0 1 1 9 7 ,1 7 3 3 8 6 ,3 5 2 R io G ra n d e W est.b .M a r. 4 0 0 ,7 3 2 1 6 9 ,3 7 9 1 4 4 ,3 3 0 J u ly 1 to Mar. 4 ,0 0 2 ,9 0 3 3 ,5 9 1 ,6 1 7 1 ,5 9 1 ,3 9 7 1 ,1 9 0 ,4 7 5 R u tla n d — Jan . 1 to Mar. 3 1 ----. 4 3 4 ,9 1 0 6 3 ,8 6 6 1 0 7 ,9 3 1 81. J o s . A Gd. I s l.a .M a r . 1 1 4 ,8 3 6 3 4 ,6 5 7 4 2 ,0 0 0 3 3 8 ,4 6 0 J u ly 1 to Mar. 3 1 . . ... 1 ,0 3 7 ,1 4 7 1 ,0 4 7 ,9 0 7 3 8 8 ,2 1 2 1 8 ,3 8 4 7 ,7 0 3 7 ,2 2 2 S t. L o u is A |N . A rk .b M ar. 2 ,9 5 7 1 7 4 ,0 1 9 6 9 ,2 0 7 7 9 ,7 1 5 J u ly 1 to Mar. 3 1 . . . . 3 0 ,6 5 6 5 7 8 ,4 4 2 K S t.L o u is A S a h F .b M ar.. 1 ,8 1 7 ,1 1 7 1 ,6 0 3 ,1 0 5 5 8 3 ,6 0 9 J u ly l to Mar. 3 l . . . .1 6 ,4 7 9 ,9 2 9 1 4 ,5 0 0 ,3 2 7 6 ,7 3 8 ,4 6 7 6 ,0 4 0 ,4 9 2 6 2 1 ,4 3 6 1 6 6 ,9 8 1 B t.L ouis S ,w e s t .b § Mar. 6 0 3 ,8 2 6 2 1 7 ,3 4 7 J u ly 1 to Mar. 3 1 . . . 5 ,6 4 4 ,0 8 4 5 ,7 8 5 ,7 7 7 1 ,6 8 4 ,7 2 6 2 ,4 1 8 ,9 3 3 S t. L o u is V a n d . A T. H . 5 0 8 ,0 6 4 Ja n . 1 to Mar. 3 1 . . . . 4 8 5 ,3 9 8 1 6 0 ,5 3 4 1 7 2 ,5 1 1 S an A n t. A A ra n . P. aM ar. 1 7 3 ,2 8 2 1 9 2 ,0 0 2 1 4 ,7 2 4 d e f.2 ,1 1 0 J u ly 1 to Mar. 3 1 . . . . 1 ,9 1 8 ,9 0 8 2 ,0 7 0 ,9 2 9 5 0 8 ,8 1 4 6 4 4 ,9 8 5 8 1 ,7 2 9 San F r. A N . P a o .a .A p r . 7 9 ,7 9 1 6 ,8 2 5 1 8 ,5 2 9 9 1 9 ,5 3 2 J u ly 1 to Apr. 8 0 . . . .. 8 4 6 ,8 0 1 2 5 4 ,1 8 5 2 8 6 ,5 3 4 8 0 6 ,9 7 2 b 8 a v .F la . A W e st.b Mar. 7 7 5 ,6 5 5 3 0 4 ,4 8 3 2 8 9 ,9 9 9 J u ly 1 to Mar. 3 i ___. 6 ,3 5 7 ,9 0 8 6 ,1 0 9 ,3 2 0 2 ,1 1 8 ,7 3 5 2 ,0 3 4 ,8 5 3 S ch oh arie V a lle y — 3 ,2 6 6 Jan . 1 to Mar. 3 1 . . . 3 ,0 4 5 1 ,8 4 0 1 ,6 5 8 Seab oard A ir L in e aM ar. 1 ,0 5 4 ,5 0 8 1 ,0 5 4 ,6 9 8 2 9 8 ,0 5 5 3 5 4 ,0 5 2 J u ly 1 to Mar. 3 1 . . - 3 ,5 6 7 ,1 0 1 8 ,1 5 2 .8 9 6 2 ,0 4 9 ,0 5 2 2 ,0 2 2 ,2 5 7 i o u th er n P ao.C o.aM ar.. 0 ,5 2 8 ,2 2 0 6 ,4 4 5 ,7 8 0 1 ,5 0 3 ,1 6 0 1 ,8 8 4 ,6 1 0 J u ly 1 to Mar. 3 1 . . . .6 3 ,4 3 5 ,9 7 1 5 7 ,1 8 0 ,8 2 3 2 1 ,5 4 8 ,4 1 1 1 9 ,8 2 5 ,1 1 4 C arson A C o lo ..b .M a r. 2 9 ,2 9 3 1 4 ,9 2 1 1 9 ,5 0 4 0 ,7 7 3 C en tra l P a c ific . b. Mar.. 1 ,4 6 6 ,1 8 5 1 ,5 7 5 ,8 1 0 4 5 7 ,1 9 9 5 9 0 ,8 7 9 J u ly 1 to Mar. 3 i . . . . 1 5 ,1 9 3 ,2 8 5 1 4 ,4 1 8 ,3 1 6 5 ,6 3 6 ,6 0 5 5 ,6 2 4 ,8 6 8 D ir e c t N a y . C o .b Mar. 7 ,0 7 6 1 0 ,0 4 0 d ef. 3 ,7 7 0 d e f.1 3 ,1 1 3 G a i.H a r.A S a n A .b M a r. 5 3 7 ,6 8 9 5 9 8 ,9 9 5 d e f.5 4 ,1 8 1 2 8 ,2 1 4 J u ly 1 to Mar. 8 i . . . . 5 ,4 4 9 ,0 2 2 5 ,0 6 9 ,7 9 0 1 ,2 3 5 ,4 4 9 9 1 0 ,4 7 2 G al. IIo u s.A N o.b .M ar. 2 3 ,5 8 4 3 1 ,0 4 6 d ef. 1 5 ,5 3 0 d e f.8 ,5 0 0 G u lfW . T .A P a o .b M a r. 9 ,6 2 4 9 ,1 7 4 derf.4,500 d e f.2 ,4 3 5 H o u st.E .A W .T . b.M ar. 7 0 ,5 2 2 7 5 .6 1 8 1 8 ,4 0 2 1 7 ,4 8 7 7 2 1 ,5 4 1 J u ly 1 to Mar. 3 1 . . . . 6 6 2 ,4 3 0 2 3 2 ,5 9 4 2 1 9 ,3 0 4 3 ,1 8 7 H o u st.A S hrev e.b M a r. 1 8 ,2 9 4 1 3 ,9 6 8 4 ,4 5 9 J u ly 1 to Mar. 3 i . _ . 1 7 7 ,0 8 7 5 6 ,0 2 6 1 4 5 ,8 0 9 6 8 ,4 2 9 Ib eria A V erm 11. b. Mar. 4 ,9 9 3 3 ,4 1 2 3 ,2 1 1 1 .5 8 0 1 4 5 ,8 3 4 5 1 ,2 9 0 1 5 9 ,7 8 0 L o u isia n a W est, b.M ar. 5 3 ,8 7 8 6 8 2 ,9 0 0 J u ly 1 to Mar. 3 i ___. 1 ,4 4 1 ,2 3 3 1 ,2 5 4 ,0 7 7 5 3 4 ,1 9 7 1 1 7 ,5 0 0 M'g’n ’sL a .A T e x . L Mar. 4 0 3 ,2 8 3 6 3 9 ,6 0 6 1 9 6 ,8 4 9 J u ly 1 to Mar. 3 1 . . . . 5 ,9 5 4 ,0 3 6 0 ,0 2 7 ,6 4 5 2 ,4 9 1 ,6 1 5 2 ,2 8 0 ,5 2 0 2 3 ,4 7 0 N . M cx. A A rlz. b .M ar. 2 0 ,8 5 3 d e f.3 ,3 0 7 4 ,8 7 4 THE CHRONICLE 1084 Roads. f- —drot» E arnings.— s > Net Earnsngs. --------C urrent P'tiViQUH C urrent Previous Y+ar. Year. Year. Year. » $ • S outhern Fao. (Ooncl.) flf. Y. T ex . * M b Mar. 24,809 2 1 ,4 7 2 J u iy 1 to Mar. 31 . . 2 1 0 ,6 5 8 275 ,5 7 6 Oregon A Calif, b Mar. 2 4 9 ,1 6 6 287,991 Sonora R a ilw ’y .b Mar. 49 3 30 49,4 5 3 66,681 So. P ao. C oast, b Mar. 68 ,9 2 7 So. Pao. o f a riji.b Mar. 446 ,1 3 2 3 8 6 ,0 3 5 Ju ly 1 to Mar. S i ___ 3 ,6 0 8 ,0 7 8 3 ,1 6 6 ,4 0 6 So. P ac. o f C al.b .M ar. 1 ,7 0 0 ,9 9 5 1,644 ,7 9 4 Ju ly 1 to Mar. a t — 1 6 ,2 4 4 ,5 3 6 1 3 ,9 2 1 ,1 8 3 2 1 9 ,2 4 6 So. Pao. of N M.b Mar. 2 2 3 ,8 0 6 J u ly 1 to Mar. 3 1 ___ 1,98 8 ,3 6 2 1 ,7 0 1 ,9 9 5 T e x a s A N. Orl. h . Mar. 2 4 3 ,3 6 7 257 ,3 7 9 J u ly 1 to Mar. 3 1 ___ 2 ,2 1 2 ,6 5 7 2 ,0 5 5 ,1 6 6 S ou th ern R allw 'y.aM ar. 3 ,2 1 2 ,0 2 1 3 ,1 8 8 ,9 1 5 J u ly 1 to Mar. 31 2 9 ,4 2 3 ,4 6 0 2 7 ,3 4 1 ,1 4 2 S ta ten Islat-d R a ilw a y — Jan. 1 to Mar. S i . . . 32,552 29 ,7 3 5 T erre H. A In d ia n a p o lis. Jan. 1 to Mar. 3 1 . . . 4 1 8 ,1 8 0 3 7 1 ,6 5 0 T erre H au te A P eo ria — Jan. 1 to Mar. 3 1 ___ 116,448 1 3 8 ,9 7 6 3 4 ,4 4 2 T e x a s C entral « Mar. 5 5 ,6 4 6 5 4 7 ,5 4 6 J u ly 1 to Mar. S I . . . . 492,3 0 8 T oledo A O. C en t.a.M ar. 2 3 2 ,8 2 5 2 0 2 ,9 0 2 Ju ly 1 to Mai-. S i ___ 2 ,1 3 6 ,3 7 3 1 ,8 9 1 ,9 6 1 80 ,9 5 2 T ol.P eoria A W est !)Apr. 8 4 ,3 9 9 J u ly 1 to Apr. 3 0 ___ 9 4 7 ,7 3 5 9 6 9 ,1 6 9 T oronto H am . A Buffalo— 4 0 4 ,1 1 4 Jan. 1 to D ec. 3 1 ___ 491,181 U lste r A D ela w a r e— 104 ,6 0 6 9 6 ,6 8 9 Jan. 1 to Mar. 3 i ___ U n ion Pac.8yBtTua.M ar. 3 ,4 7 6 ,8 5 9 3 ,2 9 4 ,3 1 3 Ju ly 1 to Mar. 3 1 ___ 3 6 ,1 8 9 ,3 0 9 3 2 ,9 2 6 ,0 5 4 U . 8. A C anada— 12,947 7 ,1 5 4 Jan. 1 to Mar. 3 1 ___ 1 ,5 5 1 ,5 5 6 1,467 ,3 0 8 W a b a s h .b .... ------Mar. J u ly 1 to Mar. 3 i ___ 1 4 ,5 4 5 ,5 5 8 1 3 ,3 6 0 ,3 0 5 2 4 3 ,7 1 0 2 8 5 ,7 1 0 W. J e r se y A 8p«sh.hM ar. 6 5 2 ,4 6 4 6 1 0 ,5 6 4 Jan. 1 to Mar. 3 1 ___ 217,8 5 2 W heel. A L. E r ie . b . Apr. 310 ,3 7 3 J u ly 1 to Apr. 3 0 . . . . 2 ,8 6 3 ,8 3 6 2 ,4 6 5 ,7 4 7 4 ,793 4 ,8 2 4 W ichita V a lle y .a — Mar. 14,271 Jan. 1 to Mar. 3 1 ___ 18,1 5 8 8,521 9 ,5 9 4 W’ruso’rt A N o.B r.aM ar. J u ly i to Mar. 3 1 ___ 9 8 ,2 9 9 8 4 ,4 8 9 5 0 1 ,8 0 4 4 3 2 ,1 0 6 W isconsin C entral bMar. J u ly 1 to Mar. 3 1 ___ 4 ,4 2 2 ,6 4 1 3 ,9 1 4 ,2 6 2 12,785 13,678 W righ tsv.A T enn .b M ar. 1 1 5 ,5 0 9 1 3 2 ,1 1 4 J u ly 1 to Mar. 3 1 ___ 6 5 5 ,8 5 5 5 0 6 ,0 0 0 Y azoo A M lss. V a l.a Mar. J u ly 1 to Mar. 3 1 ___ 5 ,1 4 3 ,3 7 6 4 ,9 0 1 ,8 5 3 5 ,1 1 7 def. 2,938 1 0 1 ,1 7 7 5 8 ,7 9 5 6 9 ,0 1 7 4 2 ,9 7 0 11 ,1 4 6 18 ,1 4 4 d tf.7 ,2 6 4 d ef.2 9 ,6 0 0 2 1 3 ,5 1 8 18 9 ,7 9 7 1 ,8 5 8 ,1 0 2 1 .6 7 1 ,0 8 6 5 3 6 ,9 1 6 61 8 ,2 3 7 6 ,3 8 6 ,6 3 9 5 ,5 6 4 ,4 9 5 11 6 ,1 8 2 1 3 3 ,0 1 0 1 ,2 1 8 ,9 6 0 1 .0 4 9 ,7 6 0 1 ,375 7 3 ,8 4 9 4 2 5 ,5 2 4 7 20.011 7 7 5 ,6 0 5 9 9 0 ,5 9 1 8 ,5 7 7 ,0 2 6 8 ,6 6 7 ,3 0 4 (VOL. LXXIV — in t., ren tals, etc.— Roads. C urrent Year. 9 A tla n tic A Blrm ’gh..Apr. 2,083 J u ly 1 to Apr. 3 0 . . . . 2 0 ,8 3 3 B e lle fo n te C entral..A pr. 550 Jan. 1 to Apr. S o . . . . 2 ,2 0 0 B o sto n A M aine— Jan. 1 to Mar. 3 1 . . . . 2 ,0 2 7 ,2 7 8 J u ly 1 to Mar. 3 1 . . . , 6 ,0 3 1 ,7 4 8 Cent. N ew E n g la n d . Mar. 1 2 ,4 4 9 Ju ly 1 to Mar. 3 4 . . . . 110,051 Ohio. Burl. A O aluu) Mar. 8 0 0 ,0 0 0 J u ly 1 to Mar. S i . . . . 7 ,2 0 0 ,0 0 0 Ohio. A E. Illin o is,. Apr. 12 8 ,1 7 4 July 1 to Apr. 3 o ___ 1 ,3 1 0 ,0 9 8 Chic. R. Isl. A P ac.. Mar. 3 5 0 ,0 2 8 Apr. 1 to Mar. 3 1 . . . . 3 ,8 5 9 ,0 2 8 Choc. O kla. A G u lf Jan. 5 5 ,6 3 6 Nov. 1 to Jan. 3 1 . . . . 1 5 9 ,0 2 7 d tf. 14,354 d ef.8 ,5 5 3 Olev. Cin.Ch. A 8 t. L Mar. 2 3 9 ,1 9 2 J u ly 1 to Mar. 3 1 . . . . 2 ,0 9 9 ,7 9 3 11 0 ,4 6 4 127,893 3 3 ,6 8 9 P eo ria A E a s t ___Mar. Ju ly 1 to Mar. 3 1 . . . . 3 0 3 ,1 9 6 d ef.2 ,7 0 3 38 ,1 2 0 Col. Sand. A Hook. Mar. 7 ,1 4 3 9 ,4 8 4 26 ,0 7 5 J u ly 1 to Mar. 3 1 . . . . 6 5 ,6 5 2 2 2 3 ,8 0 5 3 0 1 ,2 6 4 C ooperst’n & O har.V al.— 4 8 ,8 6 8 4 2 ,0 0 6 Jan. 1 to Mar. 3 1 . . . . 2 ,923 4 4 3 ,6 0 5 4 5 8 ,9 1 9 D ela w a re A H u d so n — 9 ,5 1 0 15,490 R en ss, A S a ra to g a — 2 3 1 ,4 1 8 23 9 ,9 2 8 Jan. 1 to Mar. 3 1 . . . , 3 0 6 ,4 3 2 N. Y. & CaD»da— 1 9 0 ,8 7 9 14 6 ,7 1 3 Jan. 1 to Mar. 3 1 ___ 9 1 ,8 5 8 A lb an y A S uequ ch .— 2 0 ,6 5 3 1 2,256 Jan. 1 to Mar. 3 1 ___ 3 0 9 ,0 0 5 1 ,3 8 0 ,3 0 2 1 ,3 6 2 ,6 6 6 D el. L ack. A W est.— 1 7 ,2 8 1 ,7 6 9 1 4 ,4 8 5 ,6 8 5 N . Y. Lack. A W est.— Jan. 1 to Mar. 3 1 ___ 6 1 6 ,4 2 8 2,018 1 ,9 4 5 Syr. B ing. A N. Y . 4 4 5 ,6 1 4 4 0 4 ,1 0 1 Jan. 1 to Mar. 3L___ 4 6 ,4 0 5 4 ,3 4 5 ,8 2 4 3 ,7 7 3 ,4 1 6 Uen. A R .G ra n d e ..M ar. 2 1 5 ,7 4 0 8 4 ,5 1 8 5 4 ,4 1 8 J u ly 1 to Mar. 3 1 . . . . 1 ,8 8 3 ,4 8 1 7 3 ,7 0 6 7 9 ,7 0 6 D al. So. Bh. A A tl...M ar. 7 8 ,6 4 2 9 5 ,5 0 9 40,170 J u ly 1 to Mar. s i . . . . 7 0 7 ,7 7 5 7 5 8 ,2 5 2 H ocking V a lle y ___Mar. 7 7 9 ,9 0 6 7 1 ,7 3 9 842 2 ,0 2 5 7 1 7 ,1 0 4 J u ly 1 to Mar. 3 1 ___ 4 ,8 7 2 8 ,7 2 7 K anaw ha A Mi oh. ..M ar. 1 2 ,2 8 4 2 ,781 4 ,0 9 2 J u ly 1 to Mar. 3 1 . . . . 1 0 3 ,7 5 0 4 1 ,1 5 7 2 7 ,5 0 5 K an ona & P ra ttsb u rg — 1 6 9 ,5 4 3 1 3 7 ,1 8 3 Jan. 1 to Mar. 3 1 . . . . 1,191 1 ,5 4 0 ,1 8 1 1 ,3 6 0 ,3 0 6 Long Isla n d R R .— 3 ,8 0 7 4 ,7 8 9 3 6 2 ,0 4 4 Jan. 1 to Mar. 3 1 — 4 3 ,8 5 9 56 ,6 4 7 M anistee & N o. E ...F e b 6 ,051 1 6 4 ,5 5 7 1 3 2 ,0 8 5 12,101 Jan. l to Feb. 2 8 ___ 1 ,6 9 0 ,9 0 1 1 ,9 4 4 ,0 7 8 M anhattan E le v a te d — Jan. 1 to Mar. 31 — 6 5 8 ,3 3 6 a N e t ea r n in g s h ere g iv e n a re a lt e r d e d u c tin g t a x e s , M ineral R a n g e ___ Mar. 8 ,1 1 4 b N et ea r n in g s h ere g iv e n a r e b e fo r e d e d u c tin g t a x e s , J u ly 1 to Mar. 3 1 . . . . 7 2 ,8 7 1 c T h ese figures are in M exioan ourrenoy, and are c o n v e r tib le Into Mo. K an . A T ex a s,.M a r. 3 0 4 ,8 1 0 g old a t tlie cu rren t ra te o f ex c h a n g e, J u ly 1 to Mar. 3 1 ___ 2 ,7 1 4 ,3 5 2 d G ross earn in g s in clu d e oth er Incom e. 1 5 2 ,5 1 0 S a sh v . C hat.A St.L.M ar. e R e su lts on M onterey A M exican G u lf in clu d ed from M arch 1 ,1 9 0 2 J u ly 1 to Mar. o l . . . 1 ,3 7 2 ,4 8 9 2 ,3 0 4 f T h ir ty p er c e n t o f g ro ss ea r n in g s. N ev.-C al.-O regon .. .Mar. 1 9 ,4 1 2 J u ly 1 to Mar. 3 1 ___ 1 T h ese figures in olu d e H o u sto n & T e x a s C en tral an d it s su b sid ia ry lin e s and th e C rom w ell S team sh ip Line. N ew b. D ’tc h e ss A C onn,— Jan. 1 to Mar. 3 1 . . . . 4 ,5 0 6 j T h ese figu res in o lu d e re su lts on th e Buffalo & A lle g h e n y V a lle y D iv isio n in b oth years. N ew J er se y & N ew Y ork— Jan. 1 to Mar. 3 1 ___ 1 5 ,4 4 6 k T h ese figures in clu d e in b o th years re su lts o n K a n sa s C ity Fort S cott & M em phis RR. and F o rt W orth & Rio G rande KR. N. Y. N. H . A H a r tfo r d .— Jan. 1 to Mar. 3 1 ___ 2 ,0 5 2 ,5 7 7 n In clu d e s P ad u oah & M em phis D iv isio n from J u ly 1 in both y ea rs. J u ly 1 to Mar. 3 1 ___ 6 ,1 2 7 ,5 3 8 * C overs railroad o p eration s on ly. N. Y. A O tta w a — li T h ese figures in olu d e—besid es the old 8 a v a n n a h F lorid a & W est’rn — Jan. 1 to Mar. 3 1 . . . . 5 ,9 4 0 th e A lab am a M idland, B ru n sw ick A W estern, C harleston & Savann ah and S ilv er Springs Ooala & G ulf, all of w hich h a v e n o w b een co n so li N. Y. A P e n n s y lv a n ia — Jan. 1 to Mar. 3 1 . . . . 5 ,2 5 5 dated. For la s t year th e earn in gs of th ese sep a ra te roads are oom bined fo r p urposes of com parison. N. Y . A R tc k a w a y B .— Jan. 1 to Mar. 3 1 . . . . 1 7 ,0 3 0 t F or M arch, 1 9 0 2 , t a x e s and r e n ta ls am ou n ted to $ 1 8 1 ,1 3 0 , a g a in st $ 1 6 3 ,2 2 3 , a fte r d ed u ctin g w h ich n e t for M a tch . 1 9 0 2 , w a s $ 1 ,8 7 8 ,0 1 2 , N ew L o n d on N o r th e r n — a g a in st $ 1 ,5 8 9 ,7 2 0 . From J u ly 1 to M arch 31, 1 9 0 2 , ta x e s and r e n ta ls Jan. 1 to Mar. 3 1 ___ 6 1 ,8 4 8 am ou n ted to $ 1 ,4 9 3 ,3 4 1 , a g a in st $ 1 ,5 0 2 ,8 1 0 , a fte r d ed u ctin g w h ich N. Y. Chic. A St. L o u is— n e t w a s $ 1 7 ,7 2 5 ,4 1 8 , a g a in st $ 1 4 ,5 2 0 ,8 2 8 . Jan. 1 to Mar. 3 1 ___ 3 1 3 ,9 8 5 { K an sas C ity Sub. B elt in olu d ed from J a n u a r y 1, 1 9 0 2 . N orfolk A W est’n .-.M ar. 2 0 1 ,6 0 5 5 N e t earn in gs are after a llo w in g for ex p en d itu re s fo r b etterm en ts J u ly 1 to Mar. 3 1 ___ 1 ,7 5 3 ,2 7 5 Pare M arq u ette. . Mar. 1 3 2 ,3 2 5 3 9 8 ,0 0 5 Jan. 1 to Mar. 3 i . . . . Hiscellaneons Companies. P itts. C. 0. A S t. L ..A p r. 34 1 ,3 4 9 ------Gross E a rn in g s. ----- ,.----- Net E a rn in g s .— Jan. 1 to Apr. 3 o ___ 1 ,2 5 2 ,7 3 4 C urrent Previous P ittsb . S h a w m u t A N o .— Current Previous Year. Year. Year. Year. Jan. 1 to Mar. 3 1 ___ 7 9 ,2 7 8 $ Companies. $ $ $ 483 P in e B luff A A ik . R.Mar. 2 0 ,4 3 7 2 6 ,1 1 5 B uffalo G as C o .. .. Apr. J u ly 1 to Mar. 3 1 . . . . 4 ,4 8 7 2 0 7 ,0 1 0 2 3 2 ,7 7 8 Oct. 1 to Apr. 3 0 . . . . P o rt .1’rv is M ont. A N. Y .— 1,287 1,733 C onsol. G as C o..N .J.M ar. 4 ,4 1 4 Jam 1 to Mar. 3 1 ___ 6 ,045 7 ,0 6 7 Jan. 1 to Mar. 3 1 ___ R e a d in g G as A E lec tr ic Co. of 8 9 7 ,0 0 0 A ll c o m p a n ie s ... Mar. 6 ,1 5 5 18 ,6 3 4 6 ,4 0 9 2 0 ,1 0 9 B ergen C o u n ty ..F eb . J u ly 1 to Mar. 3 i . . „ . 7 ,7 9 3 ,0 0 0 65 ,9 3 6 8 7 ,8 8 7 2 1 0 ,1 4 9 1 8 0 ,1 7 4 Ju ne 1 to Feb. 28 . . . G rande J n o t’n 7 ,7 0 8 2 ,477 Rio Deo. 1 to nMar. 3Mar. 2.S45 Jaok son G as-L. C o.F eb. 3 0 .8 3 3 i ___ 2 9 ,0 6 9 3 6 ,3 5 3 Mar. 1 to Feb. 28 . . . 1 8 ,0 3 3 G 9 0 ,5 7 5 Rio J urandetoS o u th . 3Mar. 9 5 ,2 8 7 L acled e G a s L ’t C o.F eb. 16 3 ,2 7 8 ly 1 Mar. 1 ___ 1 7 9 ,9 4 9 2 0 9 ,4 6 4 Jan. 1 to Feb. 2 8 ___ G est...M 1 01,137 5 ,6 3 8 Rio Jurande WMar. 3 1a r . 15,856 15 ,1 8 2 6 ,3 1 7 L o w ell E leo. L t. Co.M ar. 9 0 6 ,7 3 9 ly 1 to ___ 4 6 ,2 8 4 144,773 5 8 ,2 8 9 J u ly 1 to Mar. 3 1 . . . . 1 3 7 ,2 9 7 7 ,4 0 9 6,077 R u tla n d — to Mar. 3 1 ___ 19 ,0 9 6 17 ,2 0 4 M exioan T eleph one. Mar. 1 2 7 ,9 8 4 Jam 1 314,418 327,5 2 5 5 3 ,6 7 6 5 5 ,5 4 1 P aclflo C oast O o ..n F eb . 1 1 ,6 6 7 St. J o s. A Gr. la id ..M g r . 7 1 0 ,8 2 2 7 9 0 ,3 4 8 Ju ly 1 to Feb. 28 — 3 ,4 0 1 ,3 4 5 3 ,4 8 3 ,1 2 6 8 7 ,5 0 0 J u ly 1 to Mar. 3 1 . . . . P h ila d elp h ia C om pany—See sta te m e n t V. 74, p. 8 78. 5 0 4 ,7 4 8 8t. L. A San F ra n ...M a r. J u ly 1 to Mar. 3 1 ___ 4 ,1 5 1 ,7 5 7 Interest Charges and Surplus.—The following roads, In S an Ant. A Ar. P a ss— addition to their gross and net earnings given in the fore Ju ly 1 to Mar. 3 1 ___ b 6 2 1 ,285 going, also report oharges for Interest, &o., With the surplus San Fran. A No.Pao. Apr. 2 2,771 22 7 ,7 0 9 J u ly 1 to Apr. i O . . . . above or deficit below those oharges. P revious Year. 9 2 ,083 2 0 ,8 3 3 551 2,203 —E at. o f Net R a m ’s. Current Year, 9 2,851 2 6 ,6 8 0 1.824 5 ,3 0 7 Previous Year. 9 1 ,188 1 ,617 def. 83 8 712 1 ,9 9 0 ,6 9 1 *22,079 *28,906 0 ,0 1 7 ,9 7 2 *1,332,245 *1,342,693 1 2 ,6 0 4 5 ,894 910 1 1 2 ,2 2 3 7 ,5 2 4 2 4 ,0 4 6 7 9 7 ,2 6 0 7 5 9 ,1 0 0 5 9 3 ,9 1 4 7 ,1 7 5 ,3 4 2 8 ,4 9 0 ,1 4 1 0 ,9 4 8 ,8 9 9 12 9 ,1 2 3 *107,606 *77,369 1 ,3 0 4 ,7 2 7 *1,259,863 “9 1 7 ,5 3 4 3 1 6 ,9 9 7 8 3 9 ,5 9 0 4 8 5 ,2 7 9 3 ,8 0 3 ,9 6 4 7 ,2 2 0 ,9 1 1 5 ,0 9 7 ,0 1 7 4 3 .6 1 2 J131,410 {1 2 7 ,0 1 9 1 2 9 ,9 5 7 {402,528 {4 3 4,940 2 4 9 ,4 0 2 9 9 ,0 2 9 1 08,574 2 ,1 6 6 ,4 4 0 1 ,6 6 7 ,4 4 1 1 ,6 3 7 ,7 2 1 3 3 ,7 5 0 14,820 4 2 ,4 1 0 3 0 3 ,7 5 0 2 0 7 ,0 1 9 3 4 8 ,3 0 5 7 ,2 0 6 1 0 ,7 9 5 1 ,2 4 9 04 ,0 9 8 13 9 ,8 3 9 6 4 ,8 3 3 2 ,8 8 0 •1 ,0 2 3 *570 3 0 9 ,8 5 0 d f.1 8 3 ,5 7 2 df. 187,429 9 4 ,7 2 7 d ef.2 ,8 2 5 def. 7 ,8 8 1 3 1 3 ,9 7 7 2 5 4 ,6 4 1 3 8 4 ,8 6 6 6 1 9 ,5 2 4 2 0 5 ,9 2 2 2 6 6 ,1 0 3 4 4 ,9 0 5 5 0 ,9 5 2 7 2 ,7 7 9 1 9 1 ,1 2 7 1100,536 t l9 2 ,0 1 3 1 ,8 0 6 ,2 2 5 (1 ,4 9 0 ,1 9 7 t l , 5 4 5 ,6 7 9 7 8 ,7 0 2 'd e f.7 ,0 2 4 *def.2,131 7 0 6 ,3 5 9 *7,508 ‘ d f.8 3 ,8 5 5 80 ,2 4 8 7 6 ,3 5 9 5 0 ,0 0 4 7 1 2 ,4 0 3 * 1 ,078,653 * 1 ,0 0 0 ,7 0 7 1 0,607 *14,224 *13,768 9 0 ,0 5 6 *71,381 * 49,320 r 83 ‘ d ef.1 ,3 5 2 . *559 3 5 4 ,9 4 8 * d f.2 9 1 4 7 3 d * f.2 8 i,2 0 3 6 ,0 9 2 12,811 1 2 ,6 0 8 1 2 ,1 8 4 32 ,3 6 5 2 4 ,8 8 2 6 5 3 ,3 5 7 ‘ 9 4 1 ,4 5 9 *70 0 ,8 3 7 4 ,8 1 1 *417 * d ef.3,807 4 2 ,1 9 6 *d ef.8,034 *33,585 2 9 4 ,5 3 6 d ef.3 3 ,5 4 6 d ef.9 ,1 1 7 2 ,6 1 0 ,4 9 6 1 ,0 7 9 ,8 0 2 1 ,0 6 2 ,8 1 1 1 4 5 ,7 1 2 1 5 ,6 3 4 7 6 ,2 5 7 1 ,4 0 7 ,0 9 3 4 2 7 ,4 2 3 5 8 0 ,7 4 5 2 ,2 5 0 715 66 2 0 ,2 5 0 2 0 ,9 1 9 1 7 ,3 2 0 4 ,7 9 6 1 4 ,8 4 7 *3,756 ‘ 2 ,3 9 3 *4,000 * d ef.5,475 1 ,9 7 6 ,7 5 9 * 478,826 *309,471 6 ,0 1 0 ,0 5 5 *4,276,522 *3,404,641 0,511 d e f.9 ,4 9 2 d ef.2 0 ,8 1 1 5 ,9 8 2 def. 10 ,0 4 0 d ef.3 ,S 3 0 1 6 ,2 0 0 * d f.2 7 ,7 9 0 S*df.32,714 6 0 ,6 9 4 *d ef.8,253 * d f.l8 ,S 8 5 3 1 4 ,2 9 5 1 8 7 ,4 3 3 1 ,6 8 7 ,8 2 0 1 2 0 ,2 2 3 3 5 5 ,3 3 4 2 3 1 ,3 0 4 1 ,0 9 2 ,4 7 0 *136,182 *124,974 3 8 6 ,8 3 8 3 7 1 ,0 7 8 3 ,7 1 6 ,6 8 7 3 ,2 7 7 ,0 9 6 8 3 ,1 2 9 9 ,3 6 7 5 7 ,3 8 1 d e f.2 2 ,2 1 2 9 5 ,4 4 2 2 0 7 ,8 0 0 6 2 2 ,4 1 1 6 5 1 ,5 6 9 482 4 ,5 8 4 d ef2 6 ,7 9 6 1 ,252 8 ,4 4 2 580 6 ,4 6 8 4 ,4 0 9 d ef.7 ,2 9 7 d ef.5 ,0 0 4 7 9 0 ,9 7 9 7 ,1 1 8 ,8 1 6 7 ,708 3 0 ,8 3 3 1 7 ,6 8 3 1 6 0 ,8 7 5 1 2 5 ,9 8 0 3 ,4 4 5 ,3 2 2 4 ,2 0 2 1 9 ,5 7 0 d ef.‘ S6 2 0 1 ,5 2 3 *45,403 * 709,219 1 9 0 ,5 9 2 1 ,8 5 5 ,6 8 2 4 ,6 3 5 16 ,8 4 3 791 S6.29S *d f.59.20S SS.310 2 2 ,9 9 0 8 ,7 5 0 3 0 9 ,1 6 2 2 5 0 ,9 6 6 7 8 ,7 6 0 *20 1 ,8 5 6 *77,867 3 8 7 ,7 9 0 3 ,4 3 5 ,2 5 2 •2 ,6 7 0 ,9 7 0 •2 ,7 2 3 ,3 8 1 .............. d t.112.472 2 2,771 def. 15,946 2 0,470 22 9 ,3 7 7 def. 4 ,2 4 2 iS A o 1 May 24, THE CHRONICLE 1902.J Current Year. $ Road 8. Previoui Year. $ Schoharie V alley — 027 Jan. 1 to Mar. 31___ Southern Pao. C o...M ar. a 2 ,9fl5,789 .Tnlv 1 tin Mur. 31 ft.lHtt.1 ftO Staten Islan d R y .— Jan. 1 to Mar. 3 1 .... T oled o A Ohio Oen..Mar. July 1 to Mar. 31 ... T o l. Peo. A W e s t... Apr. July 1 to Apr. 3 0 ___ U lste r A D e la w a re — Jan. 1 to Mar. 31 — W ichita Valley. ...M ar. Jan. 1 to Mar. 31___ W’m sport A No. Br. Mar. July 1 to Mar. 31 ___ Wisconsin C en tral.. Mar. July 1 to Mar. 31___ -R ul.of Net E a r n ’*.— Current Previoui Year. Year. $ 642 1,213 d f.733,395 -2,218,984 $ 1,011 8,778 39,023 356,487 22,097 228,354 8,217 "df.17,495 *df.l0,G08 *10,121 36,499 *4,046 *96,964 *145,563 315,199 23,469 def.l 2,587 def 7,979 3,064 8,964 230,964 40,572 1,922 5,768 2,405 21,638 145,128 1,276,874 38,361 *d f.l9 ,3 1 I *df.24,594 1,922 d e f.l,080 103 2,959 5,768 def.896 376 2,917 1,175 19.519 4.688 22,917 *26,052 IE 6,917 *878 *280,743 *152,185 1,218,078 * A fter allowing: fo r oth er lnoorae reo elv ed . t T h ese figures are after allow in g for otlier inoom e and fo r d iscount and exoh an ge. A fter d ed u ctin g $ 1 0 ,0 0 0 for K enew al F und in March, 1902, and $10,0 0 0 In M arch, 1901, th e su rp lu s for th e m onth is $ 9 0 ,5 3 6 , a gain st $ 1 8 2 ,0 1 3 a year ago. From J u ly 1 to March 31. 1 9 0 2 , th e deductions for tilts purpose w ere $ 9 0 ,0 0 0 , a g a in st $ 1 1 0 ,0 0 0 a year ago, leavin g a su rp lus of $ 1 ,4 0 0 ,1 9 7 In 1902, a g a in st $ l,4 3 a ,679 In 1901. I In clu des n et earnings of m ines. a T h ese figures for March Inolude $ 9 4 7 ,8 7 8 appropriated for b etterm en ts and ad dition s to properties and equipm ent; from J u ly 1 to Mar. 31 th e am ount exp en d ed for th ese p urposes w as $ 8 ,0 3 3 ,3 8 9 . b These figures inolude $ 5 3 ,1 2 0 ap propriated for b etterm en ts and ad dition s. STREET RAILWAYS AND TRACTION COMPANIES. The following table shows the gross earnings for the lateei period of all st r e e t railways from whioh we are able to ob tain weekly or monthly returns, STREET RAILWAYS AND TRACTION COMPANIES G r o ss E a r n in g s . Latest Cross Earnings. Jan. 1 to Latest Date. Week, or ife Our’ni Prev’us Current Previoui Year. Year. Year. Year. % $ $ $ A lton Ry. G as & Elec. F e b r u a r y . 11,415 9,293 23,058 19,265 A m erican Jft’ys. Co.$. A p r il......... 79,619 64,339 30 9 ,3 9 9 2 50,209 B ingham ton R R ....... A pril ___ 14.84S 13,994 57,073 53,856 Br’k ly n B a p .T r. Co., M arch ....... 1,030,918 955,504 2,889,439 2 ,7 16,648 Chicago & Mil. E lec. A p r il......... 13,uo8 10 443 4 4,750 34 04.2 Cln. N ew p. & C ov.. . . A p r il......... 69,382 62,980 267,529 24 2 ,5 9 5 A p r il......... C lty E lec. (Rome.Ga.) 3,062 2,831 12.654 12,150 Olev. Chagrin F ’s E l’o F e b r u a r y . 2,435 3,454 _ _ C levelan d A E astern. F e b r u a r y . 3,525 • • «- 4i91f C leveland E lectric . A p r il......... 192,852 174,848 743,466 6 66,389 C leve. E ly & W e s t... A p ril......... 21,065 17,054 7 8,149 64.083 Gleve. P a in sv. A E .. A p r il......... 1 2 ,6 9 t 10,184 44,682 3 6 ,2 0 3 D art. & W’port S t.R y . A p r il......... 7,852 7,610 31,123 2 8,860 D enver C ity T ram ... A p r il___ 124,516 110,358 48 1 ,3 4 8 4 3 5 ,2 8 6 D etroit U nited ____ 2clw k May 61,158 51,577 1,133,526 974,871 D etro it & P ort H uron Shore L in e ...... ......... 2d w k May 6,321 5,427 126,837 9 2,787 Dnluth-Sup. Tract. / A p r il......... 40,920 36,744 152,181 131,507 D nluth 8t. R y___ \ E lgin A urora & Sou A p r il......... 29,642 26,613 117.467 105,418 G a lv esto n C ity .......... F e b r u a r y . 8 ,8 6 k 6,56> H arrisburg Traction A p r il......... 32,012 27,00-3 125,296 104,588 I n t e m a f l T raction — (Buffalo).................... F ebruary.. 225,160 214,585 475.309 4 4 7 ,7 5 6 9,997 Lehigh T raction....... . A p r il......... 9,333 38,262 37,712 London St. R y.(Can.) A p r il........ 9,942 9,496 3 6,192 39,188 Mad. (Wls.) Traotion A p r il........ 5.238 20,75 9 Mass. E lec. Co.’s ___ M arch ....... 410,000 38 2 ,O C 1,130,129 1,072,614 O M iam isburg A Ger m an tow n T raction. M arch ....... 950 2,529 M ontreal S treet R y .. A p r il......... 154,390 144,794 599,941 55 7 .2 8 6 M uscatine 8t. R y ___ M arch ....... 5,357 6,113 18,524 16,851 N ew C astle Traotion. A p r il......... 10,648 8,728 40 465 32,525 N ew L ondon St. R y .. A p ril......... 3,636 4,058 15,602 13,381 N orthern O hloT ract. A p r il......... 49,425 39,618 162,271 190,559 O lean St. B a il w a y ... M arch ....... 3,835 3.994 11.004 11,222 O range Co. T raction. A p r il......... 6,372 6,593 23,155 22,854 P hiladelp hia C o.{ ; Cod eol.Tr. (Pitts.) > M arch ....... 1,163,227 1,057,133 3,535,695 3,126,809 U nited Tr. (Pitts.) ) P o ttsv ’e U n ion Trao. A p r il......... 12,187 11,941 45,696 44,445 R ailw ays Co.Gen.— R o a d s........................ A p r il......... 17,87( 14,136 66,231 5 1,563 L ight Co’s ................. A p r il......... 1,8 04 l,6 0 i 7,251 6,769 Sacram ento E lectro G as A R y............. . A p ril......... 36,291 31,954 142,252 127,746 St. L ouis T ra n sit___ A p r il........ 509,609 464,454 1,889,860 1,767,676 S ioux C ity Traction.. M a rch ....... 18,448 15,427 50,161 43,441 Southern Ohio T ract A p r il......... 27,774 23.530 100,437 8 5,033 T acom a Ry. A Pow er February 28,373 24,299 58,846 50,891 Toledo Ryu. A L ight. F e b r u a r y . 99,950 89,079 214,063 190,211 Toronto R ailw ay . . Wk M aylT 29 460 26,948 Tw in C ity R ap. Tran M arch ....... 279,383 242 214 796,322 694.068 Union (N. B edford ;.. A p r il......... 22,881 18,846 89,039 7 3 ,6 4 7 U n ited T raction — » 401,363 4 2 5 ,4 8 0 A lb an y C ity 5 A p r il......... 110,453 109,512 U nited Tract, tProv.i A p ril......... 223.458 198.348 8 4 2 .3 5 0 7 6 7 ,7 5 5 $ T hese are resu lts for p rop erties ow ned. t R esu lts now Inolude th e P ittsb u rg R ailw ay Co., o p era tin g th e C on solidated Traction and all th e other con trolled p ro p erties In P ittsb u rg. Street Hallway Net Karnings.—In the following we show both thegrosaandthenetearnings to latest d a te s of all S t r e e t railways from which we have been able to procure monthly returns. As in the case of the steam roads, the returns of the d iffe re n t roads are published by us each week as soon as re ceived, a n d once a month (on the third or the fourth Satur day of the month) we b rin g together a ll the reads reD orting, as Is d o n e to-day. R oatli. A lton Ry. G as A E l. Feb. Ju ly 1 to Feb. 2 8 ----- C ron E arn xn gt.— C urrent P reviou i y e a r. Year. % 11,415 94,593 # 9 ,293 81 ,2 7 2 ,---- N et E arnxngt.---C urrent P revioui Year. Year. $ 4 ,9 9 1 4 4 ,9 7 2 « 8,981 40 ,1 5 8 1085 < Cross Earnings. ----- . , ---- Net E arning!. -----> ----- Current Year. Previoui Year. C urrent Year. % Roads. $ $ A inor. L ight A Trao. Fob. 6 5 ,0 6 3 B allston T erm inal— 8 ,5 1 6 Jan. 1 to Mar. 3 1 ___ d e f .l ,0 3 4 Blnc-hamton KK.I»..Apr. 1 4 ,8 4 3 1 3 ,9 9 4 5 ,002 Oct. 1 to Apr. 3o.__. 107,301 9 8 ,8 9 0 4 3 ,4 6 1 Brooklyn H o lg h tsb — 6 4 5 ,9 2 9 Jan. 1 to Mar. 3 1 ___ 2 ,0 2 5 ,5 9 0 2 ,0 5 0 ,2 3 5 Ju ly l to Mar. 3 1 . . . . 8 ,4 7 0 ,5 3 6 8 ,5 8 5 ,8 3 0 2 ,6 0 4 ,5 2 7 2 0 2 ,5 7 0 Brooklyn Rap. T r.a Mar. 1,030,918 9 5 5 ,5 0 4 July 1 to Mar. 8 1 ___ 9 ,4 2 6 ,3 6 6 8 ,8 5 4 ,6 0 5 2 ,6 4 1 ,4 6 7 B klyn Queens f’o. A 8 .— Jan. 1 to Mar. 3 1 ___ 1 8 1 ,4 2 8 79 ,7 3 1 OatHldll E lectric— 1 ,2 5 9 Jan. 1 to Mar. 3 1 ___ 1 ,383 d ef.271 1 0,443 Chic. A M llw. E leo.A pr. 13,058 7 ,1 5 9 21 ,1 4 0 4 4 ,7 5 0 3 4 ,0 4 2 Jan. 1 to Apr. 30 . . 6 9,382 6 2 ,9 8 0 Cln. N ew p. A C ov. a Apr. 2 8 ,9 8 0 Jan. 1 to Apr. 3 0 ___ 2 6 7 ,5 2 9 2 4 2 ,5 9 5 10 4 ,9 2 9 C itizons’ RR. Lt. A P ow er Co. of F b h k i l l Jan. 1 to Mar. 3 1 ___ 1 2 ,6 6 6 6 ,818 2 ,4 4 9 (JltvE leo(R om e.G a) Apr. 3 ,062 2,831 d ef.573 Jan. 1 to Apr. 3 0 ___ 12,654 1 2 ,1 5 0 583 01. & Chag. F. E le c .. Feb. 3 ,4 5 4 2 ,4 3 5 1 ,199 C lev. A E a ste r n _ Feb. _ 4 ,9 1 6 3 ,5 2 5 1,3C0 Olev. E lyria A W est Apr. 2 1 ,0 6 5 1 7 ,0 5 4 8 ,0 4 3 Jan. 1 to Apr 3 o . . . . 78 ,1 4 9 6 4 ,0 8 3 2 6,158 O lev .P a ln esv .A E ..,A pr. 1 2 ,6 9 6 1 0 ,1 8 4 5 ,7 6 2 4 4 ,6 8 2 Jan. 1 to Apr. 3 u . . . . 3 6 ,2 0 3 1 8 ,5 4 2 C ohoes C ity R R .— Jan. 1 to Mar. 3 1 ___ 5 ,7 7 4 5 ,7 4 8 944 C oney Isi. A B r’k ly n .b — Jan. 1 to Mar. 3 1 ___ 2 8 2 ,5 6 6 2 6 8 ,0 5 0 6 9 ,2 9 2 J u ly 1 to Mar. 3 1 ___ 1 ,0 7 9 ,8 5 0 1 ,0 6 2 ,3 3 1 4 0 0 ,4 8 5 Den v. C ity Tr’tn w ... Apr. 1 1 6 ,3 5 6 1 2 4 ,5 1 6 5 7 ,9 8 3 Jan. 1 to Apr. 3 o ___ 4 8 1 ,3 4 8 4 3 5 ,2 9 6 2 2 0 ,2 2 9 D etroit U n ite d .a ...A p r . 2 5 8 ,0 5 1 2 2 0 ,6 8 7 1 0 7 ,3 3 2 Jan. 1 to Apr. 3 0 ___ 1 ,0 0 9 ,5 3 6 8 7 0 ,3 5 9 4 2 3 ,1 6 2 Rapi d R ail w a y . a Apr. 2 9 ,3 7 2 1 0 ,9 8 0 J u ly 1 to Apr. 3 0 ___ 3 3 0 ,0 1 4 1 3 9 ,7 9 6 D uluth-Sup. T rao.. Mar. 3 3 ,2 1 2 4 1 ,1 4 0 1 7 ,1 9 3 Jan. 1 to Mar. 3 1 ___ 11 1 ,2 6 1 9 4 ,7 6 3 4 3 ,3 7 4 E lgin A urora A 8 o ... Apr. 2 9 ,6 4 2 2 6 ,6 1 3 1 0 ,0 4 6 June 1 to Apr. 3 0 . . . 3 4 4 ,1 3 6 3 0 0 ,9 6 2 14 8 ,4 6 2 G a lv e sto n C ity R y. Feb. 8 ,862 6 ,5 6 8 385 H arrisb’g T ra o t’n .. Apr. 3 2 ,0 1 2 2 7 ,0 0 4 12,461 Jan. 1 to Apr. 3 0 ___ 1 2 5 ,2 9 8 10 4 ,5 8 8 4 7 ,1 7 5 H u dson V a liev R v.— Jan. 1 to Mar. 3 1 . . . . 6 1,278 4 ,5 5 5 In tern ’l Tr. (B uft.)..F eb. 9 2 ,2 4 0 2 2 5 ,1 6 0 2 1 4 ,5 8 5 Jan. 1 to Feb. 2 8 . . . . 4 7 5 ,3 0 9 4 4 7 ,7 5 6 1 8 9 ,7 2 9 rthaca S treet R v — Jan. 1 to Mar. 3 1 ___ 1 4,665 1 4 ,1 4 7 d e f.5 ,7 8 7 Lehigh T r a c tio n .. .. Apr. 9;383 9 ,9 9 7 4 ,1 5 4 Jan. 1 to Apr. 3 0 . . . . 3 8 ,2 6 2 3 7 ,7 1 2 1 3 ,6 3 9 Land. S t.R y . (Cart.).. Apr. 9 ,9 4 2 9 ,496 3 ,5 4 7 Jan. 1 to Apr. 3 0 . . . . 3 6 ,1 9 2 1 2 ,4 6 4 3 9 ,1 8 8 M adison T ra ctio n ..A p r. 5 ,2 3 8 247 Jan. 1 to Apr. 3 0 . . . . 2 0 ,7 5 9 2 ,4 8 0 M iam isburg A Germ antow n T raotion ___Mar. 950 443 M ontreal St, R y ___Apr. 1 5 4 ,3 9 0 1 4 4 ,7 9 4 7 0 ,5 4 0 Oct. 1 to Apr. 3 o ___ 1 ,0 7 9 ,1 1 0 1 ,0 1 2 ,8 1 6 3 9 9 ,6 5 3 M uscatine St. R y ...M a r , 6 ,1 1 3 5 ,3 5 7 1 ,9 8 4 Jan. 1 to Mar. 3 i ___ 1 8 ,5 2 4 1 6 ,8 5 1 5 ,2 8 2 N ew C astle T r a c t.. Apr. 3 ,3 5 2 10 ,6 4 8 8 ,7 2 0 N ew London St. Ry.Apr. 4 ,0 5 8 3 ,6 3 6 626 Ju ly 1 to Apr. 3 o . . . . 59 ,2 5 3 5 3 ,2 0 1 2 1 ,5 3 6 N ew P a ltz & P o ’sle Tr.— Jan. 1 to Mar. 31 2 ,505 2 ,5 8 6 d ef.6 0 0 N. Y. A N orth 8b o re— Jan. 1 to Mar. 3 1 ___ 1 7 ,2 2 0 2 0 ,4 6 5 d ef.5 0 N iagara G orge— Jan. 1 to Mar. 3 1 ___ 1,803 1,293 d ef.4 ,2 0 7 N orthern OhioTrao.Apr. 49,42 5 39 ,6 1 8 2 0 ,8 9 8 Jan. 1 to Apr. 3 o . . . 1 9 0 ,5 5 9 162,271 7 5 ,6 9 8 3 ,9 9 4 O lean S treet R y ___Mar. 3 ,835 1 ,584 Jan. 1 to Mar. 3 1 . . . . 1 1 ,2 2 2 11 ,0 0 4 3 ,5 7 2 O range Co. T rao___Apr. 6 ,593 6 ,372 1 ,648 J u ly 1 to Apr. 3 0 ___ 8 2 ,9 4 7 7 9 ,4 0 7 3 0 ,8 3 4 O sw ego TraouoD — Jan. 1 to Mar. 3 1 . . . . 7 ,1 7 9 5 ,7 1 7 475 P h ilad elp h ia C om pany—S ee sta te m e n t V. 7 4, p. 878, P la ttsb u rg T raction — Jan. 1 to Mar. 3 1 ___ 2 ,801 1 ,803 def.533 R o ch ester R ailw ay b— Jan. 1 to Mar. 3 1 . . . . 2 6 4 ,6 5 9 2 4 4 ,4 3 3 11 7 ,7 2 7 Ju ly 1 to Mar. 3 1 . . . . 7 8 5 ,6 1 2 735,561 3 5 3 ,7 0 2 8aoranuerto E leo trio G as A R a ilw a y Oo---- Apr. 3 6 ,2 9 0 3 1 ,9 5 4 2 1 ,2 6 7 Feb. 1 to Apr. 3 0 ___ 8 5 ,6 4 0 1 0 8 ,6 4 7 6 0 ,0 5 6 S ch en ectad y R y .b — Jau. 1 to Mar. 3 1 ___ 6 9 ,5 4 3 2 1 ,3 7 5 8 ,8 1 7 J u ly 1 to Mar. 3 1 ___ 1 90,641 01 ,8 9 9 5 9 ,0 8 0 South. Ohio T ra o t. Apr. 27 ,7 7 4 2 3 ,5 3 0 1 2,529 May 1 to Apr. 3 0 ___ 3 5 3 ,1 4 5 3 0 3 ,7 0 4 1 6 6 ,7 7 9 Staten Island U -uiidTr.— Jan. 1 to Mar. 3 1 . . . 1 3 0 ,0 8 6 1 1 2 ,5 7 0 51 ,0 5 6 S y ia o u seR a p id T ran s. b— Jan. 1 to Mar. 3 1 ___ 1 7 0 ,3 3 3 15 3 ,4 9 9 7 3,061 Syr. Lakes. A B aldw in sv. Jan. 1 to Mar. 3 1 . . . . 9 ,445 d ef.5 ,7 7 7 Toledo R ys. A L t.a .F eb . 9 9 ,9 5 0 8 9 ,0 7 9 4 7 ,4 2 7 Troy A N ew England— Jan. 1 to Mar. 3 1 . . . 2 ,994 2 ,8 9 6 d ef.487 Twin City Rap. Tr.. .Mar. 2 7 9 ,3 8 3 2 4 2 ,2 1 4 151,423 Jan. 1 to Mar. 3 1 ___ 7 9 6 ,3 2 2 4 1 5 ,0 7 1 694,068 U nited Trao.(A lb any )b— Jan. 1 to Mar. 3 1 ___ 3 4 4 ,9 0 9 3 1 5 ,9 6 7 8 7 ,1 3 4 J u ly 1 to Mar. 3 1 ___ 1 ,0 92,137 1 ,0 2 8 ,1 7 9 3 8 5 ,9 5 1 Previoui Year. $ 4 7 ,0 1 2 4 ,7 7 4 4 1 ,3 2 7 87 4 ,0 1 9 3,: 6 3 ,4 0 9 2 4 1 ,4 6 0 2 ,9 9 0 ,1 5 4 d ef.5 0 5 4 ,8 5 9 1 1 ,4 2 8 2 3 ,4 6 9 9 0 ,3 2 9 1,647 180 2 ,0 9 8 d ef.581 d ef.5 1 2 7 ,5 4 6 2 0 ,7 0 2 4 ,2 4 9 1 4 ,5 9 3 1 ,1 3 7 8 7 ,2 9 6 4 2 0 ,6 0 3 5 3 ,4 9 0 1 8 8 ,3 8 1 9 4 ,7 9 9 3 7 2 ,7 2 8 1 1 ,9 7 4 3 5 ,1 4 0 8 ,328 1 0 8 ,2 3 6 1 ,216 9 ,1 9 7 3 6 ,4 1 7 9 6 ,3 1 2 2 0 6 ,2 2 6 d ef.5 ,8 6 5 4 ,7 9 2 1 6 ,9 0 6 3 ,4 9 7 1 1 ,0 5 6 5 1 ,5 2 2 3 5 9 ,8 9 5 d ef.€ 0 3 d e f .l,186 1 ,8 6 4 67 1 6 ,1 8 6 341 162 d ef.5 ,3 9 9 1 4 ,1 4 2 5 8 ,2 3 8 3 ,7 9 2 4 ,9 1 8 1 ,8 1 8 3 4 ,9 7 5 160 d ef.8 9 0 8 2 ,5 5 1 2 7 4 ,0 3 4 15 ,6 5 9 4 9 ,4 2 6 7 ,3 6 5 2 2 ,1 7 3 9 ,1 2 5 1 3 6 ,9 4 7 4 3 ,4 9 3 6 7 ,2 9 9 4 4 ,1 1 7 115 1 26,318 3 5 6 ,4 8 7 9 0 ,5 6 5 3 2 8 ,6 9 4 THE CHRONICLE 1086 Houston (Tex.) Electric (Railway) Co. in te r e st Charges aud Su rp lus.—The follow ing S turm railways, in addition to their gross and net earnings given in the foregoing, also report charges for interest, &0Mw ith the surplus or deficit above or below those oharges. ,---- i n i . ,ren l u l l , e t c . ----- . C u r r e n t P revio u s Y ear. Y ear. * * H oads. ba iia to n T e rm in a l— Jan, 1 to Mar. 1 1 .... 06 fik lvn Queens Co. <& 8 .— Jam 1 lo Mar. 3 1 .... C at*kiU E lectric— Jam l tu Mar. 3 L----Olm Newk». A C o v ..,A p r . Jam 1 to Apr. 3 0 ___ Y ea r. * P la n t ... ,$3,999,800 U n e x p ire d In su ran ce.A ccoun ts re c e iv a b le ... ............ S u s p e n s e ....... 2 1 ,0 1 7 C a sh ... 38,902 def.1,130 l,144,420*df.348,466*df.204,938 3,455,102*df.339,152 142,174 92,885 780 15,417 61,994 562 *d e f.l,0 4 2 13,563 15,009 42,935 62,942 def. 1,127 7,5€0 27,387 *def.058 1,799 1,650 def.855 d e f.513 C on ey I s l. Sl B r ’k ly n — Jam 1 to M ar. 31 .... July 1 to M ar. 3 1 ----- 69,576 210,411 67,986 298,642 *def,145 *191,813 *34,660 *145,068 T ra m w . Apr. Jan. 1 to Apr. 3 0 ----- 32,864 131,258 31,304 125,622 25,119 88,971 22,186 72,759 E lg in A u ro ra cz H o.Apr. June 1 to A pr. 3 0 .... 8,333 91,666 8,333 91,666 1,713 56,795 def.5 16,569 *811 29,286 84,411 169,813 *3,548 *9,469 $28,000,000 2,083 2,083 1,269 def. 219 1,466 1,376 def.2,066 d e f.1,035 9,765 8,600 *def.9,794 *def.8,340 N o rth ern Ohio T rac.A p r. Jan 1 to A pr. 3 0 ___ 12,500 50,000 10,970 42,221 8,398 25,698 3,172 16,017 O sw ego T r a c t i o n Jam 1 to M ar. 3 1 .... 3,621 3,650 def.3,146 def.3,490 P la tt8 b u rg T ractio n — Jan. l to M ar. 3 1 ___ 1,475 1,509 def.2,008 def.2,399 R ochester R y.— Jam 1 to M ar. 31___ July 1 to M ar. 74,374 228,355 71,589 218,097 43,353 *133,921 *12,733 *61,004 Baoram ento E leo trio G a s < R a ilw a y C o------Apr. fe Feb. 1 to A p r. SO ___ 11,565 33,599 9,345 28,034 9,702 26,457 6,314 21,392 Schenectady R y .— Jam l to M ar. 3 1 ----July 1 to M ar. 3 1 ___ 13,687 32,451 5,310 16,272 *10,456 *64,258 *14,449 *39,701 South. O hio T ra c t. A pr. M a y 1 to A p r. SO ___ 7,500 90,000 7,500 90,000 5,029 76,779 1,625 46,947 S taten Islan d R a p id T r.— Jam i to M ar. 31___ 50,349 47,349 *5,346 *9,597 S yr. Lakes. & B ald w in sv . Jam 1 to M ar. 31___ 6,700 Syracu se R a p id T r.— Jam 1 to M ar. 3 1 ___ *17,626 *12,992 1,432 1,332 def.1,919 def. 1,217 76,017 228,051 71,265 212,294 75,406 187,620 55,053 144,193 59,703 179,533 *20,358 *150,294 *32,319 152,041 T w in C ity R ap . T r...M ar. Jan. 1 to M ar. 3 1 ..., U n ite d T rac. (A lb a n y )— Jam 1 to M ar. 31___ J u ly 1 to M ar. 3 1 ----- 69,203 192,219 for other in com e reoeived. ANNUAL R E P O R T S. A nnual R eports.—The following is an index to all annual reports of steam railroads, street railways and m iscellaneous companies which have been published since the last editions of the Investors’ and Street R ailway Supplements . This index does n o t include reports in to-day’s C h r o n i c l e . R a i l r o a d s . E t c .— Page. A llegheny V alley.............................. 934 A m erican Ca-i .............................. 881 C alilornia F ru it Cannera’ A ssn __ 831 C entral U nion T elephone................. 828 Chicago E d iso n ........... 984 Chic. Roc* Islan d & P ac................... 984 Colorado F uel & i r o n ... ............... 10S6 D enver & S o u th w este rn .................. 880 E lectric Co of A m erica.....................985 F isheries C j ........................................ 984 G eneral E le c tric .......................... 891, 8S9 G rand T ru n k ....................................... 880 L ake E rie & W ester a ....................... 827 L ake Shore & M ichigan S o u th ern . 879 M exican C en tral........................983,1034 M exican N ational........................ 820, 834 M ichigan C e n tra l...............................1035 New M exico Ry. & Coal................. 827 New York Chicago & St. L ouis...... 1035 New York & New Jersey T eleph.,.. 984 P ennsylvania l i l t ........................ 625, 631 P en n sy lan ia S teel.............. 881 P ere M a rq u e tte.................................. 983 Glucose Sugar ltef. pref. to be acq ’d. do do com. to be acq’d. N at. S tarch Co. pref. to be acquired.. do do com. to be acq u ired .. R a il r o a d s , E tc .—(Con.)— Page P h ilad elp h ia E le c tric ....................... 881 P ittsb u rg & L ak e Erie ................... 880 R ’y Steel Spring (official sta te in ’t).. 984 T am arack M ining ................. 882 T ennessee Coal Iro n & R R ............ 985 T erm . R R of St. L o u is.................... VSI U nited Gas Im p ro v e m e n t............... 986 U nited Shoe Mach, (sta te m e n t of M arch 1,1902)................................. 935 U. S Cast Iro n P ip e & F o u n d iy (bal. sh e et J au. 31, 1902)............... 828 U. S. Red. A Ref. (official st.atem ’t) 882 U. S. Steel Corp. (statistics for y ’r ) . 9b6 St r e e t R a il w a y s — Page. Capital T ractio n (W ash., D. C .).... 723 L ouisville (K y.) K y.......................... 828 M etropolitan W . Side Elev.(Chic.) 828 M ilwaukee E lectric R y. A L ig h t... 425 N orth Je rse y S tre e t.......................... 077 P hiladelph ia Co. of P itts b u rg ..........1030 S acram ento Elec. Gas A Ky............ 984 S t. L o u is T r a n s i t ...................................... 077 120.000 1,225,000 To be Acq. $773,1)00 2,747,000 370,600 150,100 $40,386,800 T otal of all Of th is $1,400,000 cash w orking capital, $529,417 was used to discharge bonded d eb t of Illinois Sugar Refining Co. T he fo llo w in g table gives som e essential facts r e g a rd in g the m a n u f a c t u r i n g plants o f the constituent com pany, the “ bushels c ap acity / ' x m eaning the n um ber of bushels o f corn w hich the p la n ts can grin d daily: CONSTITUENT COMPANIES. P la n ts o f C o n s t i t u e n t C o m p a n ie s — D a te o ro a n iz e d . Glucose Sugar Ref. Co.......Aug., 1897 N ational sta rc h Co............. May, 1900 Illinois Sugar R e f ................ N ov.,1898 Chas. Pope Glucose C o ...Ju n e , 1880 N. Y. Glucose Co..................Feb., 1901 M a n u fa c tu r in g P la n ts . B u s h e ls C a p a c it y . B onded D e b t. See “ a ” 105, 00 None. See “ o ” 43,000 c?,139,000 P ek in , 111. 16,000 None. j ( V enice ^ } 15,000 None. Shadyside, N. J . 25,000 2,500,000 a Chicago, P eo ria and Rockford. Ill, an d M arshalltow n an d D avenport, la , A t Glen Cove. Oswego an d Baflalo, N. Y.: C incinnati, O.; Indianapolis aud E lk h art, lud.; W ausegan, 111.; Des M oines an d Sioux City, la., an d N ebraska City, Neb. b “ The Oorn Produots Oo. has not In term s assum ed the fu n d ed debts and obligations o f the N a tio n a l Starch Oo. and the N e w Y o r k Glucose (Jo. (as show n In above ta b le ), b u t u n der the term s o f the agreem ents the Interest an d sinking fu n d charges in each case a re p a y a b le from the earnings p rio r to a n y distribution th ereof b y w a y o f dividen ds on the stocks of the N a tio n a l Starch Co and the N e w Y o rk G lucose Co.” The bonds of the N a tio n a l sta rc h Oo., as a b o v e, include $ 4 ,1 3 7 ,0 0 0 o f Its ow n debentures o f 1900, p art of an authorized issue of $8,000,0 0 0 [o f w hich $ 9 8 ,0 0 0 canceled by sinking fu n d and $ 3 ,7 7 8 ,0 0 0 u n issued can be used, on ly to retire bonds of constituent com panies, as b e lo w ], and the rem ainder are the bonds of the constituent com panies, of w hose share capital it o w n s or controls the fo llo w in g amounts. COMPANIES CONSTITUTING THE NATIONAL STARCH CO. OF 1 9 0 0 . D a t e ,---------------- C a p i ta l Urg’d . Issu ed . “ def. 12,309 55,850 57,075 T ro y & N e w E n g la n d — Jam 1 to M ar. 31 ----- * A f t e r a llo w in g $42,338,300 $18,000,000 14,053 *d f.l6 ,2 5 3 *d f.l9 ,2 0 3 Acquired. $20,070,100 .........T o ta l.............................$17,000,800 SHARES ISSUABLE AND TO BE ACQUIRED. $44,311,090 42,234 295,532 12,114 Stock -------> $12,886,400 21,280,300 3.051.800 2.446.800 750.000 54,692 293,418 N ia g a r a G o r g e Jam 1 to M ar. 31 ----- ,------- C a p i ta l Issu ed . G lucose Sutr. Ref. p ref...... $18,039,300 do do com. .. 24,027,300 N at. S tarch Co. p re f.......... 4,028,800 2,201,226 ............ do do com . ___ 2,695,900 15.539,600 7 ,1 2 6 ,2 0 0 1 Illinois S ugar Hof. Co....... 3760,000 f o r $ 1 ,4 00,000 c u s h ( b u t I C harles Pope G lucose Co. 120,000 see x ) and fo r shares ; acquired In _ .J N. Y. Glucose Co................. 2,600,000 9,288 64,363 1 ,2 1 2 N. Y. < N orth fe S h o reJam 1 to M ar. 3 1 ___ N am es of C o n s t i t u e n t C o m p a n ie s . P r e fe r r e d . $10,081,750 .............. 3 ,4 00.210 225,090 15,848 106,235 C astle T r a c t ... A pr. C om m on. .............. $ 2 0 ,000,376 .............. 3,568 M o n treal St. B y — A pr. Oct. 1 to A p r. 3 0 .... New SHARES ISSUED AND ACQUIRED. ,----- C o rn P r o d u c t s Co. -----» $3,4 83,750 1 to A pr. 3 0 ___ N e w P altz & Po'eie T r .— Jan. 1 to M ar. 3 1 .... T he com pany w as organized u n der the la w s of N e w Jersey F eb . 6, 1902,with $28,000,000 of preferred stock an d $48,000,000 o f com m on stock, which has been, o r is to be, Issued as fo llo w s in exc h a n g e (com p are V . 74, p. 3 *9 , 381) fo r shares of constituent com panies: 1,499 3,248 1,998 7,808 Jam *32,338 *62,860 The following data have been compiled for the Chronicle in connection with the official statement made upon the list ing, April 28, of the company’s shares, viz.: *def.3,158 *def.2,643 4,709 2,335 8,896 T o t a l.........................$4,066,491 (Official S ta te m e n t o f A p r il 1 0 ,1 9 0 2 ,) $900,125 ........ 357,025 ............ 5,734 Lond.So. Ry. (C a n . ) .. Apr. Stock ($500,000 pref.) .$2,500,000 B on d s............................. 1,600,000 Accounts p a y a b le ........ 12,656 E m p loyes' deposits...... 2,885 Supplies (credit b a l.)*.. 4,725 46,225 S u rp lu s ........................... Corn Products Company. -def.795 94,276 192,289 2,845 3,927 T o t a l........................ $4,066,491 - V . 74, p. 680, 629. * def.12,432 2,347 Ith a c a Street R y.— Jam 1 to M ar. 3 1 ___ L ia b ilitie s— Y ear. $ 3,511 In t e m a U lT r . (B u ll.)F e b . Jam 1 to Feb. 2 8 .... BALANCE SHEET A P R I L 2 8 . 1 9 02. Previous Cohoes C ity R R ,— Jam 1 to M ar. 3 1 .... H u dson V a lle y R y — Jam 1 to M ar, 31 — A statement made to the Boston Stock Exchange shows: o f N e t J O a m ’s C itizens’ RR. Lt. & P o w e r Co. o f i idhkiil— Jam 1 to M ar. 3 1 ..— Den v 'r C ity ('B alance S h eet A p r il 28, 1902,) C u rren t ............ B ro o k ly n H e ig h ts— Jan, 1 to Mar. 3 1 . . . . 1,061.766 July 1 to Mar J l . . . 3,195,874 LVol . lxxiv . N at. S tarch Mfg. Co.. 1899 do do ... do do ... U nited S tarch Co......... 1899 U. S. G lucoseC o............1899 U. S. Sugar K ef...................... Com., 1st pf., 2d pf., T otal, do do $4,460,700 2,219,400 1,840,600 5,059,000 1,832,000 2,000,000 S t o c k . ---------------- ■ > H e ld . O u t ’g. $4,420,900 Canceled, a367,800 5,050,000 J,828,5t0 bl,975,100 Bonds O ut. $29,800) None. > c$3,002,000 7.U00) None. ................. 4,100 ........... 24,900 d l 000,010 a A nd $1,482,000 canceled. 1 In clu d es §1.831,600 held by U. S. Glucose Co. > and $143,600 held by Nat. S tarch Co. c “ N ot assum ed” by N at. S tarch Co.; on Feb. 28,1902, th e tru ste e s of th e sinking fu n d fo r th is loan h e ld stocks and bonds valued in balance sh eet a t $184,881, an d th e re was due said tru ste e s $200,607. d Includes $222,010 retire d an d held by or fo r N ational Starch Co. T h ere are also $939,000 2d m ortgage 6s held by N at. S tarch Co. F u rth er facts resp ectin g the constituent; com panies are m ay be foun d) as follow s: giv e n (or GENERAL INFORMATION. G lucose S u g a r R e fin in g Oo .— L a s t rep o rt Y . 73. p. 722 and 842; s t a te m ent to N. Y . Stock E x ch an ge, V . 67, p 1263; also see V. 65, p. 327. The net e arn in gs from A u g . 1, 1901, to M arch 31, 1902(M aroh b e in g estim ated), am ounted app ro xim ately to $1,500,000. N a tio n a l S ta r c h Go.—Consolidation plan , see V . 70, p. 742- O n F eb . 28,1 9 0 2 , the com pany had outstan diug Dills p ay ab le, $1,503,805; accounts p ay ab le, $405,439; interest accrued, $134,851. Contra; Cash, $156,803; bills and aocounts receivable, $774,553; supplies, $2,311,585; interest, etc., p rep aid , $59,549. U n ited Starch Co.— C onsolidation, see V. 69, p. 593. U . 8. G lucose Co. and U . 8. S u gar R ef.— See V . 68, p. 1134. I ll i n o i s Suga?' R e fin in g Oo.—P la n t at PekiD, 111., built w ithin last tw o years. N e t quick con vertible assets o ver $200,000. B o n d s a ll p aid off a t 105. See also V. 73, p. 496. C h a rles P o p e G lucose Oo .—O rig in a lly k n o w n as G e n e v a G ra p e S u g a r 00. N e t quick con vertible assets o ver $100,000. N e w Y o r k G lucose Go.—P la n t at Shady Side, N . J., is p ra c tic a lly com pleted, and Is equ ipped w ith a ll the latest machinery- It is expected to be in fu ll operation w ith in a co m p aratively shore time, and then to h a v e a g rin d in g capacity of app ro xim ately 30,000 bushels of oorn daily; funded debt, $2,500,000 bonds, all outstanding, b e in g ffrst m o rtgage 6 p. o. 25-year $1,000 gold bonds; sinking fund, 4 p.o. yearly, $40 of the p rin cip al of each bond being retirab le Sept. 1, yearly , begin n in g in 1902, b u t the bonds not b e in g subject to c a ll, O f its oapital stock 49 p e r oent is ow n ed by the C orn P ro d u c ts Co. - V . 72, p. 393. RIGHTS OF PREFERRED STOCK—BONDS. T he rights of the preferred shares an d the provisions respecting bond Issues are stated In the A rticles of luoorporattou as follows; “ The holders of the preferred stock sh all be entitled to receive.w beu and as declared from the su rplu s or net protits o f the corporation, yearly dividends at- ih e rate of p o. per annum , aud uo more, pay able q u a rte rly on dates to be fixed by the b y -law s. The dividends ton the IH.K CHRONICLE M ay 24, 1902.] 1087 pref. stook sh all ho cu m u lative, and shall be p ayable before an y d iv i The authorized capital stock of the Safety Company is $5,dends on the eoim uon stock sh all bo paid or se t apart; ho th a t I t In 000,000; outstanding in April, 1902, $4,849,600.—V. 73, p. 1268. any year dividends am oun ting to 7 per ce n t sh all not h ave been paid thereon th e detlolenoy shall be p ayab le b efore an y divid en ds shall be United StateB Rubber Company. paid upon or se t apart, on the com m on stoolc. In th e e v e n t of any ( Report for the year ended March 31, 1902.) liq u idation , d issolu tion or w in d in g up (volu n tary or Involuntary) of the corp oration , th e lioldors o f th e preferred stoolc shall bo en titled to President Colt alludes to the acquisitions in 1802 93 by be paid In full both the par am oun t of their sh ares and th e unpaid d iv id en d s accrued thereon b efore an y am ount sh a ll b e p aid to th e which the percentage of productof the United Stato Rubber holders o f th e com m on stock. Co. and its subsidiary companies was raised to abm' threeU n less authorized by vote given In person or by p ro x y by stoekliold era holding a t least tw o-thirds of th e cap ital sto ck ,a t a sp ecial m eeting quarters of the total output of rubber shoes in the United called for th a t purpose, or an an nu al m eetin g, the board o f d irectors States (V. 74, p. 733), and then says in substance: It becam e ap paren t m ore than a year ago th a t prions w ere m ain shall not m ortgage or p led ge any e:f the com p any’s real p rop erty, or an y shares of th e oap ltal stoolc of any other corporation; but th is pro tained at a figure w liloh stim u la ted com p etition. A redu ction was h ib ition sh all n ot be con stru ed to ap ply to the exeon tio n of any pur made in th e se llin g p rice of standard goods to the co st of m a n u ch ase m oney m ortgage or any other purchase m oney lien or the facture. A s a resu lt our sa les w ere la rg ely in creased. For th e year assu m p tion o f an y m ortgage debt resting upon an y p ro p erty pur ending March 31, 190^, th e g ro ss sa le s w ere $ 1 5 ,9 1 7 ,6 3 6 , as again st $ 3 2 ,2 z4 ,216 th e p rev io u s year, and for th e year ending March 31, ch ased, or to b e purchased, by the corporation.” 1902, th e n sa les were 2 5 3 $ All the acquired shares of stock are temporarily held by an Increase et g ross of 4 2 ‘5$per,4ce6 ,1 5 0 . an a gea in st22 2 0 ,8 5 3 ,6 3 3 , being In n t and in n t of per cent. Cuyler, Morgan & Co., and will immediately after July 1, W hile It is tru e th a t th e op eration of th e U nited Hta’es Rubber Oo. com ies profit, 1902, be transferred to the Guaranty Trust Co. in the names and 9 its subsidiarycon p anated sh o w s a very sm all n et snrplu* n am ely 11 and th b alance eet of of persona other than members of the board of directors of $ 4 2 ,0,4 9 5 ,and w heile itsolidalso tru e th a t sh e chshow s a off on p ro ponly $ 11, Is th arging erty the Corn Products Co., with proper provisions against the accoun t th e Item s of d oub tful v a lu e has caused a deficit of $ 1 ,110,314 sale or disposition of any such shares by the Corn Products in the b alance sh ee t of th e U nited S ta tes Rubber Itself, n ev er th e less t ev e g is a Co., except with the consent of the majority of the stock It Is believed th a from ry th intim en o w brought e dow n to of rook-bottom th forw th up holders, proper reservation, however, bemg made for the use basts and th a t W ith amis w orking ard p ita l p rocessith thbuilding for should go on. ple ca and w e p lans of such shares for purposes of consolidation. The officers and con centration and econom ies in p u rch asin g and m anu factu ring, and th e broad p o licy in sa les recom m ended b y you r m a n a g em en t to fo l directors were given in V. 74, p. 530,— 74, p. 886, 777. -V. lo w the large v o lu m e of b u sin ess alread y secured, th ere Is ev e ry reason to b eliev e th a t In th e fa tu r e th e b u sin ess ca n be a s profitable George A. Fuller Company. as It has been In th e p a st h a lf oentury. {Official Statement of May 7 ,1902.J T he m an agem en t has recen tly funded th e en tire floating Indebted U ta tes and oom y Issue The official statement to the New York Stock Exchange n ess 1of ,0 0n0ited0 S3-year R5ubber ce n t su b sid iaryo te s, panles, bon th epril 1, of * 2 ,0 0 per funded n w hich A says in substance: 1 902, w er e sold to th e F irst N ation al B an k and B lair & Co. (V. 7 4 , The com p any w a s Incorporated In N ew J ersey on M arch 3 0, 1901, p. 733. The com pany, under recen t a rran gem en ts, Im ports m o st of Its crude and took over th e b u sin ess and properties of the G eorge A. F u ller Co. of Illin o is, w hich had a large and profitable b u sin ess In th e c o n str u c rubber under Its ow n le tte r s of credit, thereby sa v in g co m m issio n s tio n of buildings. The a sse ts of th e Illin ois corporation a s appraised In and ob talu in g other a d v a n ta g es of dlreot im portation . A s th e co st of cluded: (1) S ecu rities, con tracts and property read ily co n v ertib le in to crude rubber is n early one-half th e to ta l co st o f th e m a n u fa ctu red cash valu ed at $ 2 ,1 5 0 ,0 0 0 , and (2) good-w ill, to o ls, m ach inery and product, tn e n ew m a n a g em en t fe e ls th a t th e subject d em ands th e other p rop erties w hich w ere n o t rea d ily co n v ertib le in to ca sh , and c lo sest a tten tio n , and th a t ev e n g reater o p p o rtu n ity th a n ka-i y e t th e v a lu e of whloh w a s d ep en dent upon th e oon tin uan oe o f th e busi b een realized e x is ts for o b ta in in g crude rubber a d v a n ta g eo u sly . T h e n ess of th e corporation, valu ed a t $ 1 0 ,0 0 0 ,0 0 0 . Comm on stock o f th e physioal condition o f the p la n ts has beeu w ell m a in tain ed , th e b u ild n ew com pany to th e am ount of $ 1 0 ,0 0 0 ,0 0 0 and preferred sto ck to in g s are in good repair, and th e m ach in ery is up to d a te and first-class th e am ount of $ 2 ,1 5 0 ,0 0 0 w ere issu ed in e x c h a n g e fo r th e se a sse ts. In ev ery resp ect. W e h ave arranged for q u a rterly a u d its o f th e books and a cco u n ts of T he rem ainder of th e $ 5 ,0 0 0 ,0 0 0 preferred stock , am o u n tin g to $2,8 5 0 ,0 0 0 , w as issu ed for cash. The b alan ce ($5,000,00 0 ) of th e $ 15,- both th e U nited S ta tes R ubber and th e su bsidiary com p an ies by a firm of certified p ub lic acco u n ta n ts. 0 0 0 ,0 0 0 com m on stock has n ot as y e t b een Issued, b u t m a y be Issued W hile the ex p o rts of rubber are still r e la tiv e ly sm a ll, it is g ra tify in g on order of directors. to know th a t our foreign trade h as in crea sed from a to ta l o f n e t sa les The business i s principally the construction of large fire in 1899 o f $ 1 2 2 ,3 2 2 to $ 7 4 1 ,7 3 7 . proof buildings in the cities of New York, Boston, Chicago, The operations of the U. S. Rubber Co. for the year ended Pittsburg, Philadelphia, Washington, Baltimore and Rich March 31 were: mond. The statement for the fiscal year ending March 31, 1902. 1901. 1 900. 1899. Profit from oper. p la n t, $ $ $ $ 1902, shows: The com pany en tered in to 38 co n tra cts for b u ild in gs in va rio u s cities, viz.: N ew Y ork, 18, aggreg a tin g $14,65 0 ,0 0 0 ; B oston , 6, a g g regatin g $1,805,000; C hieago, 4. a g g reg a tin g $2,8 5 0 ,0 0 0 ; B a ltim o re, 5, a g g regatin g $810,000; P ittsb u rg, 3, a g gregatin g $ 5 ,3 0 0 ,0 0 0 ; P h ila d elphia, 2, aggreg a tin g $600,000; to ta l, $ 2 6 ,0 1 5 ,0 0 0 . PEO FIT A ND LOSS ACCOUNT Y E A R E N D E D MAECH 31, 1902. N et profits d erived from co n tra cts for th e con stru ctio n of b u ild in gs (allow ance b ein g m ade for th e re n e w a l and r e p air o f p la n ts and m a c h in e r y ).................................................... $ 1 ,5 2 0 ,1 2 7 1 2 0 ,1 2 4 In te re st and r e n ts.................................................................................. T o ta l.................................................................................... Deduct— $ 1 ,6 4 0 ,2 5 2 Office, ad m in istrative and other ex p en se s......... ........................ D ep recia tion w ritten off (on re-v a lu a tio n o f sto ck s and bonds March 3 1 , 1 9 0 2 ) ..................................................................... D iv id en d s aggregatin g 7 p. c. paid on p referred s to c k .......... $ 2 7 1 ,5 4 5 4 4 3 ,2 0 1 3 3 6 ,0 0 0 $ 5 8 9 ,5 0 6 B alan ce, s u r p lu s ................................................................ BALANCE SH EET MAECH 31, 1902, Assets— Liabilities — C ash.................................. $ 5 1 3 ,5 9 7 Common stock ............. $ 1 0 ,0 0 0 ,0 0 0 S tocks .............................. 3 ,1 4 9 ,3 9 8 P referred sto ck ............ 5 ,0 0 0 ,0 7 0 B e a l esta te m ort. bds. 7 8 7 ,0 8 0 B ills p a y a b le ................. 6 2 0 ,0 0 0 R eal e s ta t e ..................... 8 85,949 A ccou n ts p a y a b le ___ 3 1 9 ,0 3 7 B ills re ce iv a b le........... 131,717 Subscription acoonnt. 1 8 0 ,0 0 0 A cco u n ts r e c e iv a b le .. 1,325,921 D ivid en d No. 4 ........... 8 7 ,5 0 0 x P la n t, e t c ................... 1 0 ,0 0 2 ,4 8 0 Surplu s.......... ................. 5 8 9 ,5 0 6 T o ta l..........................$ 1 6 ,7 9 6 ,0 9 3 T o t a l.........................$ 1 6 ,7 9 6 ,0 9 3 x In clu d es fixtu res, tools, m aterials, eto.; also good -w ill o f G eorge A. F u ller Co. of Illin ois. The greater part of the stocks and bonds which the com pany owns (aggregating $3,936,428. as per balance sheet,! has been taken in part payment for the erection of build ings. Directors and officers; D irectors.—J a m es Stillm an , H ugh J. G rant, H en ry M orgenthau, H . 8. B lack , 8 P. M cConnell, C harles G. G ates, all of N ew Y ork C ity; Thorw ald S tallkn echt, Orange, N. J ., and JohnO . F lem in g, C hicago, 111. Officers —H 8. Black, P resident; 8. P. M oConnell, V ice-P resident; B yron M. F ello w s, Treasurer, and B. G. B abbage, S ecretary.—V. 74, p . 1041. Safety Car Heating & Lighting Co, ( Statement for year ended Mar. 31, 1902.J An official statement showing profits of the Safety and Pintsch companies for year ended Mar. 81,1902, is as below: EABNINOS Y EAR ENDED MAECH 31, 1902. S a f e t y Co . P in t sc h C o . Received for equippi/ng— Received from — 1,777 ca rs, lig h tin g ___ $ 4 0 2 ,3 4 1 Sale o f g a s ........................... $ 3 7 8 ,3 1 7 1 ,3 3 0 cars, h ea tin g .............................. 89,883 s o u r c e s .................... 1 9 ,7 6 0 Other 12 b u oys, e t c ................. 7,501 Other re v en u e..................... 37,757 C ross Incom e............... $ 3 9 8 ,0 7 7 L ess e x p e n d itu r e s ........... 9 2 ,5 8 0 T otal gross In c o m e ...$ 5 5 7 ,4 8 2 L ess e x p e n d itu r e s _____ 118,857 N et Incom e...................$ 4 3 8 ,6 2 5 | N et In com e....................$ 3 0 5 ,4 9 7 Total net in com e for both com p anies .................................... $ 7 4 4 ,1 2 2 L ess d iv id en d s S afety Oo., 1 1 p. c ................................$5 0 7 ,7 6 2 do do P in tsch Co. pfd., 6 p. o........................ 1 8 ,0 0 0 — 52 5 ,7 6 2 B alance, surplus $ 2 1 8 ,8 6 0 incom e from in v e st’s . 1 1 5 .8 0 2 N e tfr o m s a le o f g ’ds,&c. def. 57 ,4 2 1 E x p en se s, e t c .................. B a la n c e ............. D iv id e n d s................... . 5 8 ,3 8 0 4 7 6 ,4 8 9 d ef.4 1 8 ,1 0 9 ........ 2 3 1 ,3 5 5 2 ,2 4 6 .0 3 0 2 ,5 1 9 ,2 3 1 3 4 ,2 6 7 9 8 7 ,7 4 3 8 9 7 ,ISO2 6 5 ,6 2 2 2 0 3 ,0 1 6 3 ,4 1 6 ,3 8 1 18 9 ,8 6 7 6 2 ,6 0 6 3 ,0 0 7 ,8 8 7 3 ,2 2 6 .5 1 4 7 0 5 ,7 6 5 2 ,8 2 8 ,6 8 0 1 ,8 8 2 ,0 4 0 B alan ce . . ............... d ef.4 1 8 ,1 0 9 4 ef.6 4 3 .1 5 9 P rev io u s su rp lu s............ 2 5 ,0 1 3 8 3 2 ,7 0 3 T otal su rp lu s........... d ef.3 9 3 ,0 9 6 C hargedoff........................ 7 1 7 ,2 4 9 3 ,2 8 3 ,7 7 3 2 2 5 ,8 8 6 1 8 9 ,5 4 4 1 6 4 ,5 3 1 1 7 9 ,2 0 7 8 2 3 ,5 2 2 1 ,3 4 4 .4 7 4 1 0 8 ,9 1 3 1 ,0 0 2 ,7 2 9 1 ,4 5 3 ,3 8 7 170,026 6 2 9 ,8 6 4 B a la n c e ..................... d ef.1 ,1 1 0 ,3 4 5 8 u r.2 5 ,0 1 3 su r.8 3 2 ,7 0 3 su r.8 2 3 ,5 2 3 U , S. B U B B E E CO. BALANCE SH EET MARCH 31. 1 902. 1 901. 1600. 1 899. A s s e ts — $ $ $ $ C ash..................... 1 ,4 1 8 ,9 7 2 7 6 3 ,4 9 1 6 2 8 ,6 3 0 5 5 7 ,6 6 7 N otes & aeots. reo’v a b le . 4 ,9 1 9 ,2 9 5 6 7 0 ,1 5 5 1 ,8 8 7 ,5 0 3 1 ,7 9 9 ,1 5 6 M erchandise on h a n d ___ 1 ,1 3 7 ,6 3 4 1 ,2 5 9 ,3 5 3 1 ,3 9 4 ,0 1 9 1 ,6 1 7 ,6 1 0 P rop erty, p la n t & in v e st.4 8 ,6 4 5 ,7 7 0 4 7 ,3 2 3 ,3 5 6 4 6 ,9 6 1 ,8 3 6 4 6 ,9 1 0 ,5 0 9 D efloit.................................... 1 ,1 1 0 ,3 4 4 ............................................................ T o ta l..............................5 7 ,2 3 2 ,0 1 6 5 0 ,0 1 6 ,3 5 6 5 0 ,8 7 1 ,9 9 3 5 0 ,8 8 4 ,9 4 2 Liabilities— Preferred sto c k ..................2 3 ,5 2 5 ,5 0 0 2 3 ,5 2 5 ,5 0 0 2 3 ,5 2 5 ,5 0 0 2 3 ,5 2 5 ,5 0 0 Comm on sto c k ................ 2 3 ,6 6 6 ,0 0 0 2 3 ,6 6 6 ,0 0 0 2 3 ,6 6 6 ,0 0 0 2 3 ,6 6 6 ,0 0 0 A ccoun ts p a y a b le.............. 4 1 9 ,1 8 8 1 ,6 4 8 ,6 9 4 1 ,4 1 7 ,0 9 4 1 ,7 1 1 ,2 6 3 D ue oom pan ies................... * 3 ,4 3 5 ,1 9 7 * 1 ,1 5 1 ,1 4 9 *253,015 * 217,635 R eserved for d iv id en d ................................................... 1 ,1 7 7 ,6 8 0 9 4 1 ,0 2 0 B ills p a y a b le....................... 3 ,3 4 5 ,0 0 0 ............................ ........ .............. L oans p a y a b le ..................... 2 ,7 8 0 ,3 5 6 ............................................................. R eb ates, n ot d u e ............... 6 0 ,7 7 4 ............................................................. S u rp lu s......................................................... 2 5 ,0 1 3 8 3 2 ,7 0 4 8 2 3 ,5 2 3 T o ta l................................5 7 ,2 3 2 ,0 1 6 5 0 ,0 1 6 ,3 5 6 5 0 ,8 7 1 ,9 9 3 5 0 ,8 8 4 ,9 4 2 * A m ount “due oom pan ies” rep resen ts goods so ld by th is com p any on com m ission for m an u fa ctu rin g oom panies for w hich p a y m e n t has not been m ade. CONSOLIDATED INCOME ACCOUNT OF THE U. S. RUBBER CO. AND ITS SUBSIDIARY COMPANIES FOR YEAR 1901-02. Gross sales boots and shoes.$15,917,537 M anufacturing profits ........ $1,697,665 Less discounts, allowances, Selling and general exp’ses. 1,223,196. rebates and returns __ 24,721,107 Operating profits ...... $474,460 Net sales boots & shoes.. $21,106, '29 O ther income ............. 708,126. Miscellaneous n et sales ...... 4,239,720 N et profits....................... $1,182,605 Total n et sales................$26,436,160 In terest on loans ................ $820,709 Cost of goods sold ($23,105, • in te rest on B. It. Shoe deb.. 240,000 814) & m anufacturing ex In terest allowed customers. 202,380penses & taxes ($032,670). 23,738,-185 $1,063,099 M anufacturing profits... $1,607,665 Surplus for period........... $119,495 CONSOLIDATED BALANCE SHEET MAECH 31, 1902, OF U. S. RUBBER CO. AND ITS SUBSIDIARY COMPANIES. yi 88dt8_ Liabilities— Property and plnntK..............$46,293,839 P r e f e r r e d s to c k ....................... $23,526,500 Inventories, m ’f ’d goods and C o m m o n s to c k .......................... 23,666,000 m a te ria ls ............................ 13,642,834 it. H ub. S h o e Co. d e b ............. 4,800,060 Cash ................................ 3,881,699 F ix e d s u r p l u s e s ...................... 6,939,606 Bills receivable...................... 500,125 B ills p a y a b le ........................... 9,892,267 A c c o u n ts r e c e iv a b le ................ 5,800,936 Loans payable....................... 2,829,193 Securities owned ................. 8,838,057 A c c o u n ts p a y a b le ................... 1,196,078 Miscellaneous assets............ 172,19} D e fe rre d l ia b i li t ie s '............... 211,340 D o u b tfu l a c c o u n ts ................... Surplus................................... Total assets......................$78,181,236 - V . 74, p. 991, 836. 29,361 42,011 Total liabilities................$78,131,286 IHE GENERAL IN V E S T M E N T CH RO N ICLE NEWS, M ILKOADS, INCLUDIN'** STREET ROADS, a Akron A Barberton Belt Line 11Lt -Consolidation ,—This oompanj , having $100,000 capita,! acock in $100 shares, and a proposed bond issue for $1,5 0,000, baa been form ad by conrioiidatiou of the following corporations, to retire whose existing stock and bonds new securities to the amounts indi cated will, it is stated, be applied, viz,: I. a.! tier ton Hell Line R ft., $40,00} stool: and $360,000 bonds; Clove* land B arberton at Western lili, $10,00 > stook and $90,000 bonds, and B arberton A kron &. E ast B elt Liao Oo„ $50,000 stook and $450,000 bonds. The remaining $600,000 of the new bonds will, it is re ported, be reserved to meet future requirements. The road, which embraces a belt line around Barberton, O., was re cently a dd to the Pennsylvania RR., the Baltimore & Ohio RU , tbeErie UR and the Vanderbilts, each of which fourinterests owns $15,00 ) of the capital stock. Directors: James Me Tea (President), W, H. Newman, E, B. Thomas and Oscar G, Murray. 8, B, Liggett is Secretary. American Elevated RR. ~ <87aLn.—The fall in the price of the company’s shares from 44% last month to 1 on Wednesday has aroused inquiry as to the character of the enterprise. President Coagelton made a long statement, which was pub lished in the “ Evening Post” of Wednesday, and which was mostly covered by the extracts from the prospectus in the Chronicle , V. 78, p, 337. Besides the alleged franchise for an elevated road in this city from the Battery to Harlem, etc., the President says the assets include “ the right of way for a road between Camden and Atlantic City and two other charters in cities outside of New York State.” Stock to a total of about $3,000,000 has been issued, of which all except about $750,000, it is asserted, is owned by the management and its friends, and is under lock and key.— 74, p. 629, V. 528, 149. Ann Arbor RR.—Sold to Gould Interest*.—A syndicate closely identified with the Gould interests has purchased from leading stockholders the control of the Ann Arbor RR,, extending from Toledo northwesterly across the State of Michigan, a distance of 293 miles, and also operating car fer ries across Lake Michigan. The road will hereafter serve as a feeder for the Wabash Ry. See maps on pages 9 and 143 of Investors’ Supplement .— V, 73, p. 493. Atchison Topeka A Santa Fe R j —Earnings.— President Ripley says: The earnings for nine m onths of the y e ar have been published, and if, as seem s probable, th ere are no losses w ithin the n e x t th ree m onths, th e figures indicate th a t an a m ount equal to ab o u t 10 p er c en t on the common stook will hav e been earned d u rin g th e year. I t should be borne In m ind, however, th a t th is does n o t tak e into ac count the proportion of p rincipal an 1 in te re st due on th e debenture bond issue during th e p a st w inter, am ounting annually to $2,500,000 fo r th e p rin cip al and $1,200,000 for the in terest. I t is tru e t h a t none of th is w ill become pay ab le before the end of th e fiscal year, but n e a rly h a lf of it w ill have accrued as an indebtedness, and th is w ill of course ten d to reduce th e aotual earnings available lo r dividends.—V. 74, p. 1037, 882. [VOL. l x x iv . new mortgage has been made to the Knickerbocker Trust Go., as trustee, to secure $2,000,000 5 p. c, 20-year gold bonds. Of the new issue $850,000 are held to retire at maturity (May 1, 1920) the bonds of the Canton Massillon Electric Ry,; $400,000 are reserved for future improvements on the consoli dated property; and the remaining $750,000 are issuable at once on account of the construct! >n and equipment of the road, to be opened to the public: June 1, from Canton to Akron, a distance of 22 miles, The first car was run over the line on May 15, Consolidation,- The shareholders of the Canton-Massillon Electric Railway Go. will vote June 19 on a proposition to consolidate with the Canton be Akron Electric Ry. Co, Preferred Stock. — Tucker, Anthony & Co. have placed $600,000 6 p, c. non-cam. pref. stock of the Canton & Akron Railway Go. at par ($100 a share), each share carrying with it a bonus of 50 per cent in common stock. Canton-Massillon (0.) Electric Ry.—Consolidation.—See Canton-Akron Ry. above,—Y. 74, p. 629, 528. Cape Breton Ry.—Sale o f Ronds,— Muller & Co. sold at auction this week $30,000 of the first mortgage 5s at $1,610 for the lot.—V. 74, p. 986, 775. Chicago Burlington & (|ulmcy RK.—Called Bonds.— On June 2 tnere will be paid at par and interest by the trustees, No. 50 State Street, Boston, $11,000 Tarkio Valley RR. and $10,000 Nodaway Valley RR. first 7s.—V. 74, p. 426, 204. Chicago I ndianapolis & Louisville Ry.—Ex ict Terms o f Exchange.—It is officially announced that the Southern Railway and the Louisville & Nashville RR companies will offer a joint 4 per cent bond in exchange for the stock of the Chicago Indianapolis & Louisville on the basis of 78 for the preferred. The offer includes an option of 60 per cent in cash common in the new bonds [at par] and 90 for the and 40 per cent in bonds in case stockholders do not wish to take the entire payment in bonds; in other words, for $100. preferred, $540 cash and $360 bonds, and for $100 common, $468 cash and $312 bonds. The new bonds have been under written at par by a syndicate. It is understood that a con trolling interest in the stock has already beep acquired on the terms stated. The bonds will be a collateral issue secured by deposit of the stock in trust, being a joint liability of the Southern and the L. &N.; should either fail to meat its part of the obligation, it will be incumbent upon the other road to make goed the entire amount. Theoretically, each road is liable for one-half of the debt, but in reality, i, e., if it came to an issue, each road is liable for the whole debt. President Spen cer of the Southern Ry. says the “ Monon” (as the road is commonly known) will continue to be operated as an inde pendent property. The boards of directors of both the pur chasing companies have ratified the transaction.—V. 74, p. 1037, 775. Columbus & Hocking Coal & Iron Co.—New Management. — the annual meeting on Wednesday the party in opposi At tion to the existing management voted 84,808 shares, against 14,185 shares voted by tlie old management. The following were elected directors: William P. Bloom, Charles S. Binns, Win. H. Ziegler, S. A McMani. gal. A, L. Thurman, M L. O Kaclielmaeher, P. M Oronise, Robert . . . Dixon and Joseph H. Outhwaite. The first three men were re-elected by the old management through the cumulative method of voting permitted under the Ohio law; the others, including Messrs. Dixon and McManigal of the old board, were elected through the votes of the New York party. Mr. Kaehelmaeher was elected to the presidency. Ex-President Ziegler and associates claim the election of directors was illegal and refuse to surrender the company’s books.—V. 74, p. 1040, 990. Connecting Ry. of Philadelphia.— Mortgag<.—This com ? pany, which is controlled by the Pennsylvania RR,, and which on Jan. 1,1902, absorbed several other subsidiary lines, has made a mortgage to John P. Green, as trustee, to secure $5,000,000 bonds.—V. 73, p. 39). D elaw are & Hudson— lbany &S u sq uehan na—N#w York A & Canada— Rensselaer A Saratoga.—Earnings of the D, & H, leased lines in New York State for the three months end ing March 31 were: A tla n tic V aldosta & W estern Ry .— Sale Reported. —This road is reported as having been sold to the Southern Railway Co. At the offices of the respective companies our repre sentative was informed that nothing could be said regarding the report, but its truth was not denied.—V. 73, p, 956. Berkshire Street Ry,— Approved.— -The Massachusetts Railroad Commissioners have authorized the issuing of $500,000 5 p. e, 20 year bonds.—V. 74, p. 726. Birmingham & Atlanta Air Line Ry.—Connection to B ir mingham, for Seaboard A ir Line .—This company, which ob tained a charter a year ago and is owned by the Seaboard Air Line, will take over the East & West Railroad of Ala bama, which has just been purchased from the Kelly Estate (see East & West RR. below). The new company will be capitalized for $5,000,000 each of stock snd bonds. Tne latter will be first 50-year bonds, bearing not more than 4 p. c, interest and issuable at not exceeding $25,000 per mile, Tney will cover the road, ter minals and rolling stock, and will include new construc tion. Some 80 miles of road will be built to extend the Sea board system from Atlanta to Birmingham, where ample terminals have been secured. Work will begin at once and the extension will be completed within a year. Th9 neces sary financing of the project has been arranged. The Bir S months. r-Albany & Susqueh,—, —N.T.& Canada.-. r-Bens. & Saratoga,-^ 1902. 1901. 1902. 1801. 1902. l£)Jl. G $557,915 $538,791 mingham Belt road, we are informed, will not form part of N reot s s _____ .$1,115,942 $1,261,306 $238,319 $337,688 .................. 663,646 693,843 89.033 86,878 123,860 133,421 91,85 8 9 *.727 806,432 309.850 the n6W line. [This is not the Birmingham & Atlantic RE.] C h a rg e s .......... 309,005 313.977 a n c ____ 254,641 Brooklyn Heights R R .— Quarterly,—Earnings for the -BV la 74,e p . 475, 265; V . 73, ■ 384.866 d ef.2 ,8 3 5 0 1 7 ,8 6 1 df.lS S .573 d f.lS 7 .4 2 9 . p. 1111. quarter and the nine months ending March 31, covering the Detroit & Mackinac Ry.— New Directors. -Henry McHarg, operations of lessor companies, were: Walton Ferguson, A. D. ‘ Moran and Edward H, Bonner have 3 mos. end. Gross Net Other hit., taxes, Balance. been elected directors, succeeding Charles Steele, Anthony J. Mar. 31— earnings, earnings, income. etc. surp. or def. 1 9 0 2 ......$2,625,5i»Q $345,929 $67,371 $1,051,765 def.$34S,466 Thomas, Henry B. Hollins and Edmund B. Randolph, who 1901...... 2,650,234 874,019 65,432 1,144,418 def. 204,937 resigned.—V. 74, p, 629, 9 mos.— East & West MR., Alabama.—Sold,—A syndicate headed 1901-2...$8,470,536 $2,604,527 $252,195 $3,195,874 def.$339,152 1900-1... 8,585,830 3,363,499 233,777 3,455,102 sur. 142,174 by Ladenbarg, Thalman & Go. has purchased the $1,500,0)0 capital stock of this unbonded road from the Kelly estate —V. 74, p. 935, 477. See Birmingham & At Buffalo A ttica & Arcade RR.-— New Mortgage.—President for the Seaboard Air Line, lanta Air Line Ry. and map on page 129 of Investors’ S up S. S. Bulbs of Glean, replying to oar inquiry, says: The East & West road extends from Cartersvllle, T he underlying bonds have a ll been re tire d and m ortgages sa tis e l e m e n t V. fied of record. The new lo an for $750,000 is for im provem ent of Ga,, to Pell City, Ala,, 116 miles,— 71, p. 60,3. p re se n t property, p ay m e n t of indebtedness and e xtension to Buffalo; Fries Manufacturing & Power Co., Winston-Salem. €. also to develop a w a te r pow er and to change th e m otive pow er to eleotrio. The details of the new m ortgage have n o t been decided upon. — Bonds Offered.—O. D, Knapp Jr. & Co. of Chicago were re See V. 74, p. 986. cently offering at 98 and interest a block of this company’s Canton-Akron (E lectric) Ry.—Mortgage.— The mort authorized issue of $50),000 first mortgage 5 per cent gold gage for $1,000,1)00 made last September was canceled and a coupon bonds, dated Jan. 1,1900; optional at 110 J an. 1,1910, THE CHRONICLE. May 24, 1902.J due Jan. 1, 1940. These bonds, of w hich $50,000 are held in treasury for im provem ents, were Issued for the purpose of purchasing, consolidating and enlarging the power, electric street railw ay, electric lighting, ioe and gas plants under one m anagem ent.—V. 70, p, 483. G eorgetow n & L ex in g to n (K y .) T raction Co.— About Com p'.eted.—This lir e, it is stated, w ill shortly bo put in opera tion; fare for round trip, 40 cents. A line betw een Louis v ille and Mount W ashington, 23 m iles, is being surveyed in the com pany’s interest.— V . 73, p. 1010. G eorgia F lorid a & A labam a R y .—First Passenger Train. —The first passenger train was run from A rlington, G a., on the Central RR. of Georgia southerly to Tallahassee, F la,, 81 m iles, on May 9.—V. 73, p. 32. H ocking T a lley Ry.— Car Trust B onds—The company has sold an issue of $1,600,000 of 4 y2 per cent car trust bonds m aturing in series from Nov. 1, 1902, to 1912, in order to acquire new rolling stock for the Kanawha & Michigan. — V. 74, p. 1038, 836. Houston (T e x .) Electric (Railway) Co.—Listed in Boston. —The Boston Stock Exchange has listed the $1,500,000 out standing first m ortgage sinking fund 5 per cent gold bonds, due Aug. 1, 1925, but subject to call as an entire issue (but not in part) at 1073^ and interest, on or after A ug. 1, 1910; also $500,000 6 per cent non cum ulative preferred stock, and $2,000,000 common stock, $100 being the par value of shares. The total bond issue is $2,500,000, but $1,000,000 is reserved for extensions, additions and improvements; trustee, Inter national Trust Co., B oston; annual sinking fund, 1J£ per cent of outstanding bonds. President, B enjam in H. Diblee; Treasurer, Henry B. Sawyer. Office, Houston. See balance sheet on page 1086.—V. 74, p. 680, 629. | Interborough Rapid Transit Co., New York C ity.—Pos sible Extensions at Company’s Expense.— Chief Engineer W illiam Barclay Parsons was requested by the R apid Transit Commission several w eeks ago to subm it plans for an east side line connecting w ith the present rapid transit route at 42nd St. and Park A ve.; last w eek he was further requested to prepare plans looking far into the future for a com plete system of rapid transit roads connecting all the boroughs of the city. It is announced that A ugust Belm ont, in be half of the Interbcrough Rapid Transit Co., recently incor porated. to operate the underground lines as now planned, has offered “ to construct extensions and connections w ith the com pany’s ow n capital and credit,” the “ con struction being in all details conducted precisely in the same manner as the present work is being done, and becom ing a part o f the system as a u n it,” and the bonds of the operating com pany being convertible into city bonds at the option of the Rapid Transit Commissioners.” Legislation w ill probably be required to permit the carrying out of this offer. See official statem ents in fu ll in “ N ew York Tim es” of May 16.— Y. 74, p. 987. Kanawha & Michigan R y .—New E quipm ent—See H ock ing Yalley R y. above.—V. 74, p. 267. Lake Shore & Michigan Southern R y —Quarterly.— Earn ings for the quarter ending March 31 were: 3 m os. en d . Gross N et M a r. 3 1 — e a rn in g s, e a rn in g s. 1 9 0 2 ..............$ 6 ,8 4 5 ,8 9 7 $ 2 ,3 8 5 ,8 7 5 1 9 0 1 ............... 6 ,6 0 7 ,7 4 8 2 ,4 2 6 ,7 3 3 - V . 7 4 , p. 8 7 9 , 680. O ther in co m e, $ 3 9 0 ,0 0 0 3 0 4 ,9 2 0 I n te r e s t, B a la n c e, taxes, etc. s u r p lu s . $ 9 9 0 ,0 0 0 $ 1 ,7 8 5 ,8 7 5 9 7 9 ,9 2 0 1 ,7 5 1 ,7 3 3 Lake S treet E levated R B ., C hicago.— O ptions.-S. W . A llerton of Chicago, representing a syndicate, has recently been obtaining options on the stock at $18 a share good until July, 1903, the shares assenting to be held in escrow u ntil that date. The syndicate is also credited w ith having bought largely in the open market, but for w hat purpose, whether speculative or otherw ise, and whether, as claim ed, to an e x tent foreshadowing a change in control does not appear.—V. 74, p. 265, 268. Lima (0.) Electric Railway & Light Co.— I n c r e a s e of Stock .—The capital stock has been increased from $500,000 to $850,000.— Y. 74, p. 829. L ittle Rock ( A rk.) T raction & E lec tr ic Co.—New Presi dent.—Judge W . E. H em ingw ay is President.—V. 73, p. 784. Long Isla n d R R .—Bonds .—The N ew York Stock Exchange has been requested to list $675,000 additional'unified m ort gage 4s, m aking total listed $6,360,000.—V. 74, p. 829. L o u isv ille & N ash ville RR .—Joint Control.—See Chicago Indianapolis & Louieville above.— V. 74, p. 1038, 987. M anistique M arquette & N orthern R R .— Officers.—'The officers of this company, w hich has purchased the Manistiqne & N orthw estern Ry., are: R. R. Metheany, President; D. W . K aufm an, Vice-President and Treasurer, and B. B. M etheany, Secretary.—V. 74, p. 883. M assachusetts E lectric C om panies .—Subsidiary Com panies .—The Massachusetts Railroad Commission has author ized the Lawrence & R eading Street Ry. Co. to issue $167,000 capital stock in jilace of the bonds for a like amount sanctioned March 22, 1901. The applications of the Boston & Northern Street Ry. and the Old Colony Street Ry. com panies for a u thority to issue new stock to the am ount of $400,000 and $ 100, 000, respectively, have been withdrawn. New Stock.—T he shareholders w ill vote May 29 on issusuing $5,000,000 additional preferred stock “ for the purpose of increasing (he investm ent of the ‘companies’ in the stock of corporations already controlled by it, and of investing In the stocks of other like corporations, as the interests of the 10 8 0 trust may require.” tt is expected thab th e new shares w ill be offered to the stockholders at $96 per share, and t hat a portion of the proceeds w ill ho used to retire the $3,700,000 \% per cent coupon notes, releasing the collateral. The issue, it is understood, has been underwritten -V. 74, p, 427, 268. M em phis S treet R y.—No Consolidation at Prerent -VicePresident F. G. Jones, replying to our inquiry, says: At present there is no plan on foot for the consolidation between the elect)lo light and gas companies. The otoek of both concerns has changed hands recently, but at present no departure from the present, arrangements Is contemplated.- V. 74, p. 987. M exican N orthern R y.— Dividend Reduced.—The com pany has declared a quarterly dividend of % per cent, payable June 2, reducing the annual rate to 2 per cent, as against 4$£ per cent paid in 1901, 5 per cent in 1900 and 4 per cent yearly from 1895 t o l8 9 9 .- V . 72, p. 1011. M inneapolis & S t.L ou is RR .— Director.—John W. M ackay has been elected a director, succeeding W illiam Strauss, d e ceased.—V. 74, p. 94. M issouri K ansas & T exas R y.—Extension. —See Texas & Oklahoma R y. b elow .— V. 74, p. 1038, 884. N a sh v ille & C la rk sv ille RR .—Change of Name.—See T en nessee Central RR. below .—V. 74, p. 577, N ation al RR. o f M exico.—Securities o f Predecessor Com pany.—The statem ent to the N ew York Stock E xchange shows outstanding, aside from the prior lien bonds called fer payment June 1 and^for the m ost part already retired, only the follow ing am ounts of stock and bonds of the M exican N ational R y .: Second m ortgage series A bonds, $3,500; series B bonds, $4,500; incom e bonds of 1937 none; capital stock, $454,000 —V. 74, p. 1038, 988. New Orleans Railways.—F urther Facts Regarding A m a l gamation. —The m ain features of the am algam ation plan, by w hich the street railw ay and ligh tin g interests of N ew Orleans are to be brought under control or this com pany, were given in the Chronicle of M sy 10, page 988. The capitalization of the various constituent com panies is as follow s, at least a m ajority of the stocks of each com pany (except the St. Charles Street R R . Co.), as w ell as a ll the bonds of the N ew Orleans L ighting Co. and the N ew Orleans R ailw ay Co., being controlled by optional feature or other w ise for the purpose of this plan : CAPITALIZATION OP PEOPOSED CONSTITUENT COMPANIES. Miles of ,---- Capital stocTc.---- . ,--------- Bonds.--------- , road. Common. Preferred. Retirable. Notret’ble. N ew O rle a n s Li g b tiu g C o ............... N e w O r le a n s G a s L i g h t C o ............. N e w O r le a n s R a ilw a y s ......... l i i c i N e w O rle a n s C ity R R . C o . . . ) 110 { N e w O rle a n s & C a r r o llto n R R . L i g h t & P o w e r C o ........ 35 S t. C h a r le s S t r e e t R R . C o . . . . 18 O rle a n s R R . C o .......................... 10 $2,000,000 ................. $1,500,000 .................. 3,750,000 ........................................... 76,010 5,000,000 ................. 2 ,t00,000 ................. 5,000,000 $2,000,000 ............... $6,531,000 2,500,000 1 ,0 0 0 ,0 0 0 4,600,000 ........................ ........................ 300,000 T o t a l ................................ ...... 178 $19,560,000 $7,100,000 5,549,000 300,000 400,000 $3,500,000 $12,810,000 The stocks and bonds acquired are to be deposited under the new $40,000,000 4}~£ per cent m ortgage. U nless at least a m ajority of the stock of the St. Charles Street RR . Co. can be secured, it w ill not be included in this plan. E arnings.— For the year 1901 the receipts of the various companies, it is stated, w ere approxim ately $3,900,000 gross, $1,500,000 net. The plan says : The increase in the gross receipts should he not lees than 10 p. o. per annum, based uponw batthepropertieshavedonein the past. Operat ing expenses can be reduced by a consolidation of the power houses and shops; reduction in dead ear mileage; substitution of oil as fuel, and reduction in general expenses about $265,000 per annum. “ The first year of operation under consolidation, based on the report of the engineers, Sanderson & Porter of N ew York, should be : ESTIMATED EE8ULTS FO E T EA S 1902. Gross Net ■------Interest.-------. Balance, 4 p. c. on earnings.- (over taxes). Old bonds. New bonds, surplus. pref.sik. $4,234,000 $2,117,000 $630,855 $900,000 $586,14 5 $400,000 Surplus for common stock in 1902, $186,145; in 1903, $319,145. Voting Trust.—In order that the m anagem ent for five years may be controlled, it is intended that the scope of the voting trust of the N ew Orleans R ailw ays Co. shall be so extended as to cover the intended new issue o f stock, viz., common stock, $30,000,000; 4 per cent cum ulative preferred, $10,000,C O O. t yndicate Agreem ent.— The agreem ent provides as follow s: Subeeribers to the syndioate are to receive a commission of 5 per cent in cash and 10 per cent in common stock, one fifth ol eaoh to he retained by the manager as compensation for managing the syndioate; and also for each $1,000 subscribed to receive $769 23 in 4ig per cent bonds, $384 61 in prefened stock and $769 23 in oommon stook, all at par. The securities taken by the syndicate may he held by the manager for not exceeding twelve months from June 1,1902, and may be sold by it for account of the syndioate at not less than the following prices; Bonds; $100 and interest; preferred stook, $60; oommon stook, $15. Twenty-five per cent of the subscriptions will be payable on June 1, 1902, and the balance when called for on thirty days’ notice in instalments of not moie than 25 per cent of the sub scription.- V. 74, p. 988, 937. N ew port N ew s & Old P o in t R a ilw a y & E lec tr ic Co.— Am algam ation. —See Norfolk Portsm outh & N ew port N ew s Co. below .—V. 74, p. 327. New York St, P en n sy lv a n ia HR.— Sale.—This property is to be sold under foreclosure to-day.—V. 74, p. 428. N orfolk P ortsm outh & N ew port News Co.— Am algam a tion Plan. —Alexander Brown & Sons and J . W illiam Middendorf & Co. of Baltim ore and John L. W illiam s & Sons of Richmond are the syndicate managers under a plan of a m a l gam ation w hich provides that the Norfolk Portsm outh & Newport N ew s R ailw ay Co. shall change its name to th e Norfolk Portsm outh & N ew port N ew s Co., increase its 1090 1 HK CHRONICLE ca p ita liz itio u as a u th o riz e d by th e A ct of th e V irg in ia L tg isla tu re , 19/2, an d a c q u ire by p u rc h a se a ll th e p ro p e rty a n d r ig h ts of th e fo llo w in g co m p an ies : Pttoi-K&Tifc-b t o am a o q u ih e u in P e e . Berkeley Street Hy. Oo. PortHUiouth Electric A Gas Co. N a t i o n a l ( J a a Co. o f H m h o l e y . It w ill also acquire a m ajority of the com m on stock ($1,075,000) of the N ew port N rw s & Old P oin t R ailw ay & E lec tric C > and a m ajority of the stock ($1,650,000) of the Nor. fulk R ailw ay & L ight Co., w hose system s and ea p ita liz ttio n em brace : [VOL. LXXIV, P e n n sy lv a n ia RR.—Termination o f Contract. —See W est ern Union Telegraph Co. below under “ In du strials.” Honda Assumed. —The bonds of the Sunbury H azelton & W ilkesbarre and the Sunbury & L ew h tow n are now included by the P en nsylvania RR. as part of its funded debt, the S ch u y lk ill & J uniata, w hose obligations they w ere, having been m erged.—V . 74, p. 880, 577. P h ila d e lp h ia R apid T r a n s it Co.— Lease Signed—Officers. —The lease of the U nion Traction C om pany’s lines w as signed on Monday and w ill become operative on J u ly 1. The n ew com pany has elected the fo llo w in g officers and directors: Co m p a n ie s t o b e Oo n t h o ll k d by Sto c k O w n e r s h ip . President, John B. Parsons; Vloe President, George D. Wldener; (.C apitalization su p p lied uuottiulally; n o t In plan.) Beoretary and Treasurer, Gharles O. Kruger. — Slock o u t s t a n d i n g ,-------- B o n d s . ---------> Directors, John M. Maok and Michael Murphy, for four years; Win. C o m m o n . 1‘r e f e r r e d O u ts ta n U ’g. Ow ned. L. Elklus and P. A. B. Wldener, for three years; J. J. Sullivan and * 9 $ # Win, H. Bhelmerdlne, for two years; John B. Parsons and George D. Newport News * Old Point £ Wldener, for one year. R a il w a g it JStedric Oo.*1,075,000 725,000 2,400,000 ............ The capital stock is now $30,000,000, of w hich 10 per cent Citizens’ Hy, Bight & Power of Newport News............. 675,000 ............ ($5 per $50 share) is paid in .—V . 74, p. 1039, 989. Norfolk .v Atlau Term Oo................................. ............ y5o0,000 Danville Hy. A Elect, Co.. 8,000 ............ ............ y235,000 P itts b u r g C arn egie & W estern Ry.—C onstruction— The Ne v port News Gas Co......................................... ........... y75,000 rem aining contracts for the construction of this extension of Nor fo li. Hy J L ig h t V o . .. x l ,650,000 ........... 2,800,000 ............ the W abash system in to P ittsb u rg have been aw arded and City Gas Oo. of Norfolk (V .62,p.ll39)........... SCO,000 ............ it is ex p eettd the n ew line w ill be in operation before the end x Majority of this to be held hy the new company. yH eld of the yea r.—V. 73, p. 663. by Newport News & Old Point Ry. A Eleotrlo Co. Pittsburg & C h a rlero i Street Ry.— Oversubscribed.—The Tne above com panies, w hose fran ch ises have from 43 to 47 bonds offered last w eek w ere over-subscribed.—V . 74, p. 1039. years to run and in som e instances are perpetual, em brace : Reading Belt RK.—See R eading Co. below.—V. 71, p. 751. Seven eleotrlo railway systems, owning and operating over 120 miles of trackage and occupying all of the principal streets of Norfolk, R ea d in g Co.—Opened.—T he im portant b elt line, 7 % m iles Portsmontn, Newport News, Hampton, Phmbus, Old Point, Berkeley, PlunePs Point, Lambert’s Point, Port Norfolk and 8onth Norfolk, in length, around th e city of R ead in g, P a., w as opened last covering three olties and eight towns located around Hampton Roads, week (see V. 71, p. 751). and. In addition thereto, ooveriug thickly populated suburban dlsPension System.—The directors of th e railw ay com pany tries In connection with the above the company will own and oper ate six ferry lines, six electric-lighting plants, three ice plants and have authorized the preparation o f a pension system for the three gas com panies; also three popular sea-aide resorts, with their benefit of em ployes. —V. 74, p. 989, 937. hotels, bath-houses and pavilions. R hod e Isla n d Oo.—Details o f Plan. —The report th a t the The new com pany w ill create the follow in g : U nited G as Im provem ent Co. of P hiladelp hia has com pleted N e w S e c u r it ie s . arrangem ents for th e am algam ation of th e street railw ay, x F i r s t ( a n d co lla ter a l) m o r t g a g e 5 p. o. gold bonds, dated June 1, 1902, and due June 1,1942, but subject gas and electric com panies of P rovidence, is, w e are in to call a t an y In te re s t d a y on 60 d a y s’ n o tic e a t 107 an d form ed, a m istake. So far a defiuite proposition has been In te re st; c o u p o n s p a y a b le Deo. 1 an d J u n e 1 a to ttio e o f m ade only to the stockholders of the tra ctio n com pany, i. e., A le x a n d e r Brown A Sons, B a ltim o re , a n d a t th e ir agency in New York City. Total authorized Issue........$ 4 ,0 0 0 ,0 0 0 the U nited T raction and E lectric Co. This proposition is Of which to be Issued at once for above acquisitions, su bstan tially as follow s: working capital, eto....................................... ................ 3,000,000 The Gas Im provem ent Company w ill organize a n ew com To be reserved for future extensions, improvements and additions..................................................................... 1,000,000 pany', the “ Rhode Island Co.” (see V. 74, p. 884), su bscrib in g for its $2,000,000 stock at par. T his Rhode Island Com Five p e r cen t n o n - c u m u l a ti v e in c o m e b o n d s, dated June pany w ill lease the traction com pany, guaranteeing expenses, 1, 1902, due June 1, 1942, but subject to oall at par at any Interest period on 60 days’ notice, the holder, in terest charges and 5 per cent on the stock. The G as Im however, having the right at any time until May 1, provem ent w ill guarantee fu lfillm en t of th e o b ligation s of 1912, if the bonds have not been previously retired, to the latter u n til such tim e as $4,000 000 of n ew property shall convert them at par Into the stock at Its par value. In terest payable Feb. 1 and Aug. 1, if earned. See y. have been added to the traction com pany’s system . Total authorized, all Issuable at once............................... 2 ,0 0 0 ,0 0 0 A nother com pany, know n as th e Rhode Island Securities C a p ita l slo c k , total authorized Issue....................................1 0 ,0 0 0 ,0 0 0 Co., w ill be organized in N ew J er sQ w ith $20,000,000 stock y Of which present issue to be............................................. 4,000,000 and an authorized issue of $20,000,000th irty-year bonds, viz.: x T h e m o r t g a g e w ill b e a f ir s t l i e n o n a ll p r o p e r t y a n d r i g h t s n o w o w n e d b y Series A , $5,000/ 00 four per cen ts, w ith an annual sin king t h e N o r f o l k P o r t s m o u t h A; N e w p o r t N e w s R y . C o., B e r k e l e y S t r e e t R y . C o., fund of one per cent, and Series B, $15,000,000 five per cents, P o r t s m o u t h E l e c t r i c A U tis C o. a n d N a t i o n a l U a s C o. o f B e r k e l e y , a n d w ill a ls o b e a c o l l a t e r a l t r u s t lie n o n t h e s t o c k a n d b o n d s t o b e a c q u i r e d a s p r e v io u s ly w ith no fin k in g fund. The G as Im provem ent Com pany w ill m e n t i o n e d , y B u t i f t h e s u r p l u s e a r n i n g s , a f t e r p r o v id i n g f o r tt e i n t e r e s t o n t h e f ir s t m o r t g a g e b o n d s , d o n o t a m o u n t t o a s u f f ic ie n t s u m t o p a y a t l e a s t 2 p. deposit th e $2,000,000 stock of th e R hode Island Company a p e r a n n u m o n t h e in c o m e o o n d s , t h e n s u c h i n t e r e s t , i n t h e d i s c r e t i o n o f w ith the S ecu rities Company and w ill receive $3,500,000 o f its t h e b o a r d o f d i r e c t o r s o f t n e c o m p a n y , n e e d n o t b e p a id . 4 per cent bonds and $12,000,000 stock, $2,000,000 of th e $12,Earnings.— The plan contains the follow in g data : 000,000 stock to be su b seq u en tly given as a bonus to the The total earnings for the year 1901 of eleven out of the fourteen traction stockholders in the proportion o f one to four, upon companies first mentioned were; Gross, $1,502,111; operating ex penses, $1,005,379; net earnings, $496,732. The above earnings, to the acceptance of th e term s fof exchange ?] sh ortly to be gether with the net earnings from two eleotrio-light companies recent offered th e m .—S ee Y . 74, p. 884. ly established and one gas plant ju st completed, will be more than suf R u tla n d R R .—President Webb's Statement. —P resid en t ficient to pay the entire fixed charges of all the constituent companies, including the Interest on the proposed issue of $3,000,000 first m ort Seward W ebb May 18 issued th e fo llo w in g statem ent regardgage bonds of the new oompany. These figures do not, however, em ic g a new spaper story of an attem p t to “ unload” the stock brace the earnings from the extension of the Berkeley Btreet Ry. on the public: Into Norfolk, which has already more than doubled the earnings of Last fall, when the road issued 35,000 shares of new stook at 90, to th a t company. An expert estimates th a t the total net earnings of the properties operated under one management will be at least $665,000 pay its floating debt of $1,700,000, which has been done, leaving a for the first r ear. The average yearly increase In gross earntngs of large sum still in the treasury for improvements, 1 underwrote the the principal properties for the past three years has been over 13 per whole amount and only succeeded in securing 2,000 shares, the bal ance being taken up by stockholders. Having lived many years on cent.—V. 70, p. 584. the property, and knowing all its possibilities, 1 went into the open N o rfo lk R a ilw a y & L ig h t Co.—Am algam ation.—See N o r m arket and bought some forty odd thousand shares, paying for the folk Portsm outh & N ew p ort N ew s Co. ab ove.—V . 74, p. 830. greater p art of It from 110 to 117. I bought two large blocks from private estates a and 117, saying at the time th at as a 4 N o rth e rn C en tral R y.— Application to Lis#.—A pp lication two cent stook It was t per not worth so much, but that I wished it for con ha9 been m ade to list th e com p any’s shares cn th e N ew York trol and was willing to pay th at price. The road has to-day $1,200,000 in the treasury applicable to the work we are doing, and Its earn Stock E x ch an ge.—Y. 74, p, 776, 483, 473. ings are Increasing heavily each month, showing for the month of N orw ood & St. L a w ren ce R R .—New Securities.— The N ew April an increase of $22,032. York State R ailroad C om m ission has au th orized the com Dr. W ebb says he still ow ns control and sh all keep it, as pany to m ake a first m ortgage for $300,000 and to increase he believes absolutely in the fu tu re of th e p rop erty.—V. 74, its capital from $75,000 to $100,000 in $100 shares. T he com p. 1039, 989, pany w as organized Ju n e 10, 1901, and in N ovem ber, 1901, St. L o u is & E ast S t. L o u is E le c tr ic R y .— New Stock.— p u t in operation as a steam freigh t road a lin e 7J^ m iles long b etw een N orw ood and R aym on dville, N . Y . P resid en t, The com pany has filed a certificate of increase o f capital stock from $250,000 to $500,000. See V. 74, p. 578 This is C harles R . R em in gton , W atertow n , N . Y. says : one step in th e consolidation of E ast St. L ouis electric lines The new bonds are gold 5 per cents, dated April 1,1902, and due w hich E. W . Clark & Co. are arranging and under w hich April, 1932, but subjeot to oall at 110 on [or after 1] April 1,1912; tru s new securities w ill probably be issued n ex t J u ly .—V . 74. p. tee, Trust Co. of Amerloa; present Issue to be $10o,000. O hio R iv e r & C h arleston R y.—Proposed Sale.—The share- 578. holders w ill vote J a n e 25 on a proposition to sell th e road St. Paul U n io n Depot Co.—Increase o f Stock.— The com and its franchises to the South & W estern R ailw ay Co., pany proposes to increase its capital stock from $750,w h ich see b elow .—V . 74, p. 830. 000 to $1,000,000, to provide for extensions. There are O regon & C a lifo r n ia R R .— Called Bonds.—F irst m ortgage also ou tstan d in g $250,000 first m ortgage 6s due in 1980, and bonds to a total of $386,000 have been draw n for can cellation $250,000 consolidated m ortgage bouds, of w hich $150,000 are w ith proceeds of land sales, and w ill be paid at par and in 5s and $100,000 are 4 s.—V . 72, p. 876. terest on Ju ly 1 at the Union T rust Co. See advertisem ent Seaboard Air L in e R y .—A cq u isitio n .—See E ast * W est on another page of to-day’s C h ro nicle .—Y . 72, p. 1188. RR. of A labam a and Birm ingham & A tla n ta A ir L ine Ry. P an am a R R .— Special Dividend. —The directors have de above.—V. 74, p. 989, 938. clared a special dividend of 2 per cent, payable on J u n e 5th, S o u th e rn R a ilw a y .—Joint Control.—See C hicago ludiau1902, to stockholders of record J u n e 2d.—V . 74, p. 827, 95. apolis & L ou isville R y. ab ove.—Y. 74, p. 1089, 989. May 34, 1903.] THE (JHKOJNIULK South & W estern l i l t .—Proposed Purchase and New Bow Is. —The shareholders w ill vote in B ristol, V a., on June 2 5 upon propositions (1) to purchase the property and franchises of the Ohio R iver & C harleston R y. Co; (3) to authorize a m ortgage upon the property and franchises so acquired to secure $000,000 bonds, and (8) to purchase the property and franchises of the South A W estern R y. of N orth Carolina. t The South & W estern R y. o f Tennessee was incorporated on Dec. 30, 1901, w ith $100,000 capital stock, to build a r a il road from a point in U nicoi County, Term., on the N orth Carolina State lin e, to the State line of V irginia, in S ullivan C ounty, Tenn, In A pril last the V irginia com pany of the sam e nam e w as absorbed. The Ohio R iver & Charleston is in operation from Johnson C ity, T enn., to Caney R iver, N . C., m iles; also graded from Johnson C ity, T enn., to G ate C ity, Va., 40 m iles, and from C linchport, V a., to Min neapolis, V a., 40 m iles. George L. Carter is P resid en t of the purchasing com pany. Staten Island Electric RR. — Reorganization Plan.—A com m ittee con sistin g of W illiam Lanm an B u ll, R , Som ers H ayes, John G reenough and W alter G. Gakm an, has pre pared the follow in g plan of reorganization, w h ich has been declared operative, a m ajority of the m ortgage bonds of the Staten Island E lectric R R . Co. and of the stock of the R ich m ond Borough Co., and of the bonds and stock of N ew Jersey & Staten Island Ferry Co. and R ichm ond C ounty P ow er Co. having been deposited w ith the G uaranty Trust Co., the de positary. F urth er deposits w ill be received on or before June 2; see advertisem ent on page viii. The operations of the several com panies show gross earn in gs and n et earnings after paying operating expenses, as below ; since Ju ly 1, 1901, th e operations of the L ig h t Com pany, it is stated, have been very in ju riou sly affected by deterioration of its m achinery: Tear e n d . N . T . <t S. I . E . Oo. S. 1. E . H R . Go. N . J . & S. I . F e r r y Go. June 30. Gross.N e t . Gross N et. Gross. N et. 1900 ....... $190,V 66 $59,639 $204,049 $47/776 $<*2,862 $11,314 1901 ......... 191,345 55,077 214,063 66,307 26,609 13,947 Total gross earnings in 1901 $432,018, against $417,177 in 1900; net earnings, $135,331, against $118,628. The plan provides th at a new corporation sh all be form ed under the law s of N ew York State to acquire title to the properties of Staten Island E lectric R R . Co., N ew York & Staten Island E lectric Co. and R ichm ond C ounty P ow er Co., and to become the ow ner of the capital stock of th e corpora tion ow ning the properties of th e N ew Jersey & S taten Island Ferry Co. The new corporation w ill authorize: First and collateral trust mortgage Guaranty Trust Co. of New York, trustee, securing 4 per cent gold bonds pay able in 50 years, interest to accrue from July 1 ,1 9 0 1 .$ 2 ,5 0 0 ,OOO Of which in exchange for existing securities as per table below........................................................ ............. ..........„ 1,925,000 To be sold with $733,000 stock for $438,880 cash........... 220,000 55,000 For reorganization or treasury purposes.......................... Issuable only upon acquisition of new property under proper restrictions............................................................. 300,000 C a p ita l sto c k (to be represented for five years by voting trust certificates, issuable by G uaranty Trust Co.)...... $3,000,000 Of which in exchange for existing securities as per table below................................................................................... 2,138,750 To he sold with $220,000 bonds for $438,880 cash ...___ 733,000 For purposes of reorganization or to he retained in treasury.......................................................... 128,250 V o tin g tr u s t — All of the new capital stock (except shares to qualify directors) shall be vested for five years In Henry H. Rogers, Walter G. Oakman and William L. Bull, as voting trustees, who, by a majority vote, shall at any time have the power to sell the same on suoh terms as they see fit, distributing the net proceeds of sale p r o r a ta among the voting tru st certificate holders. The old securities w ill be exchanged as follow s: /—W ilt be e x c h a n g e d f o r —. E a c h $1,000 o f— N e w 4s. Staten Island Elect.rio RR. 1st M., $1,250,000.. $1,000 do do consol. H., $750,000 _ _ N. Y. & 8 .1. Electric Co. 1st M., $500,000......... x l,200 do do stock, $1,600,OOOy.................. N. J. & S. T. Ferry 1st M., $75,000............ .......... 1,000 do stock, $100,000.................................... Richmond Borough Co. cash receipts ($743,000) _ _ N e w stock. ........ $1,003 ........ 300 1U'.J 1 U nited R a ilr o a d s o f San FrancigOO. - Over-Subscribed The $5,000,000 bonds offered last week wpre over-subscribed. —V. 74, j>. 1039, 938. W abash R R .—New Alliance. —Bee Ann Arbor RR. above. Pittsburg Connection.- -See P ittsb u rg Cun; gie & W estern Ry. above.—V. 74, p. 1040, 989. West Entl St. R y .—Bonds.— The shareholders on May 21 authorized an issue of $300,000 bonds to reim burse Boston Elevated Ry. Co. for paying $300,000 H ighland Street R y. Co. bonds clue May 1, 1 9 0 2 .-V . 78, p. 1358. Western M arylan d R R . — 'Members o f “ Fuller Syndicate .” —The F u ller syn dicate, w hich underw rote the $3,751,000 re quired to purchase the interests of th e city of Baltim ore in this road, includes: George W. Gould, President of the Missouri Pacific; E d w i n Gould, President of the 8t. Louis Southwestern; Myron T. Herrick of the Wheeling & Lake Erie; Howard Gould; E. L. Fuller of the Interna tional Salt Go.; Winslow 8. Pierce, General Attorney for the Gould systems; Alvlu V . Kreoh, Vice-President of the Wheeling & Lake V Erie; Joseph Ramsey, President of the Wabash; Louis Fitzgerald, President of the Mercantile Trust Go.; John T. Terry, a director in the Gould railroads; John W. Gates; Jam es II. Hyde, Vice-President of the Equitable Life Assurance Society; Cornelius Vanderbilt, James Parmelee, A. II. Galef, G. M. Dodge, W. H. Taylor, 8. B. Elkins, R. C. Kerens and Walter 8cranton. Offer to Shareholders—The F u ller syndicate offers to p ur chase any or a ll of the m inority stock through Tow nsend Scott & Son, N o . 209 E ast F a y ette S t., B altim ore, Md., on or before Ju ne 2, at the rate of $35 per $50 sh are.—V . 74, p. 989, 938. Winston-Salem (N. C.) R a ilw a y & E le c tr ic Co.—See F ries M anufacturing & P o w er Co. above.—Y . 70, p. 482. INDUSTRIAL. GAS AND MISCELLANEOUS. Alabama Consolidated Coal & Iron Co.—E arnings —The net earnings for the quarter ending April 30, after deducting improvements, royalties, depreciation and interest, were $90,968, being equivalent to more than 7 per cent on the en tire capital stock. The Det earnings for April were $43,374. The coal output is averaging about 10,000 tons a week, against 6,000 tons last year, and is to be further largely in creased.—Y. 74, p. 724. American Can Co.—Controlled Companies. -T h e American Solderless Can Co. was incorporated in New Jersey on April 3 with $5,000,000 authorized capital stock, to control in the interest of the American Can Co. the American patents for sanitary solderless cans obtained by Archibald W. Maconocbie of England.—V. 74, p. 881, 885, American Pneum atic Service Co.—Report D enied— The company denies the report that it has arranged to absorb the Tubular Despatch Co, (See V. 72, p. 1241.)—V. 74,p. 480. American Rubber (Tire) Works.—New Enterprise—Stock Sold. — his company was incorporated in New Jersey on Sept, 'T 12, 1901, with $1,000,000 authorized capital stock in $25 shares, of which $200,000 is 7 per cent preferred. Some weeks ago 2,500 shares of the preferred stock was offered at $25 per share and 2,500 shares of the common stock at $15 per share. The company has works at New Bruns wick, N . J , where it is manufacturing patent rubber tires for automobiles, carriages, etc, I. S. McGiehan is President, 277 Broadway. American Solderless Can Co.—Subsidiary C om pany— See American Can Co. above. American Spirits M anufacturing Co.—Decision.—See Distilling Co. of America below.—V. 74, p. 938. American (B ell) Telephone & Telegraph Co.— Telegraph Service.—In the telephone directory of the Pacific States (Bell) Telephone & Telegraph Co., Louis Glass, the YicePresident and General Manager of the company, says: All stations of the Pacific States and Sunset Telephone & Telegraph 100 being rapidly as possible 1,250 companies are ents in equippedaas a regular telegragh with Morse tele graph instrum order th t business may be done oyer the lines of the companies. Telegrams should be accepted N o t e .—T h e s to c k (§1,250,000) o f t h e S t a t e n I s l a n d E l e c t r i c I iR . is a l l o w n e d by all agents and employes whenever offered for transmission.— 74, V. b y t h e N e w Y o rk & S t a t e n I s la n d E l e c tr ic C o. a n d is n o t r e c o g n iz e d in t h e p la n a s i t s e q u i t y is d e e m e d t o h a v e d is a p p e a r e d . T h e s e c o n d m o r t g a g e (8300,000) o f p. 938, 729. t h e E l e c tr ic b i g h t C o m p a n y p le d g e d a s c o lla te r a l w ill b e s a tis fie d . x I n t e r e s t t o b e a d j u s t e d i n c a s h , y O f t h i s $1,264,OuO w a s d e p o s it e d , w ith y ie w t o e x c h a n g e f o r $126,400 p r e f e r r e d s to c k o f R ic h m o n d B o r o u g h Co. The $220,0'JU of new bonds and $733,000 of n ew stock to be sold for $438,880 are offered to th e holders of first and second m ortgage of the E lectric Railroad Company and the receipts callin g for delivery of R ichm ond B orough Co. stock for cash subscriptions, each holder to be allow ed to subscribe for an am ount equal to 10 p. c. of the face value of his h old in gs and to receive therefor per $1,000 cash, $800 bonds and $2,000 stock. A syndicate has underw ritten the sale of these securities. There being “ a very notable reduction in fixed charges, the new com pany w ill start w ith an apparent snr pins of n et earnings yielding an appreciable ratio of profit upon the new stock .”—V, 74, p. 479. T enn essee C en tral R It .—Entrance into Nashville .—On May 27 the first train over th e road w ill m ake its entrance in to N ashville. 'Stock, E tc .—A n am endm ent to th e charter of the N ash v ille & C larksville w as filed in T enne-see May 1, ch an ging its nam e to the Tennessee C entral and increasing the capital stock from $7,000,000 to $8,000,000. The $15,000,000 m ort gage w as officially described in V . 74, p. 831, Subsidies .—The cities of N ash ville and C larksville in A ugu st, 1901 .voted to subscribe for $1,000,000 and $100,000 respectively of the stock of the N ashville & C larksville (com pare S tate & C ity S upplem ent and V. 78, p. 406, 387).—V. 74, p. 831, 577. Armour & Co., Packing.— Injunct ion.— Judge Peter S. Grosscup in the United States Circuit Court at Chicago on Tuesday granted a temporary injunction against the mem bers of the so called packers’ combine, restraining them from continuing their present alleged arrangements for harmoni ous action in the matter of prices, purchases, sales, etc. See Y. 74, p. 1040. Associated Merchants Co.— Alliance. — President John Claflin has been admitted to partnership in the Newark firm of Hahne & Co., proprietors of the largest department store in New Jersey, their building and stock being valued at several millions of dollars.—V. 74, p. 476, 381. Beaver Talley (Pa.) Water Co.—Bonds Offered.—The North American Savings Co., the mortgage trustee, with office at Pittsburg, is offering at 103)^ and interest $800,000 of this new company’s $1,000,000 first mortgage gold 5s dated May 1, 1902, and due May 1, 1932, interest May 1 and Nov. 1. The company as a consolidation of the Union Wa er Co., People’s Water Co., NewBrighton W ater Co., North Rochester Water Co.,Free dom Water Co., Conway Water Co. and West Bridgewater Water Co., owns 80 miles of pipeage and supplies Beaver Falls, Roohester, Free dom, Economy, Conway and AUlquippa, Pa. Of the bond issue, $200,000 is reserved for extensions and Improvements. P r e s t , J . F. Grimes of Pittsburg; Treas., John F. Taylor of the Monaea National Bank. Bell Telephone Co. of Philadelphia.—L isted .—The Phila delphia Stock Exchange has listed the $1,000,000 new stock, making total listed $6,981,700.—V. 74, p. 990, 886. 1092 THE CHRONICLE Huil .lt) Jk S m q u clm u u a ir o n Co.— Bondi Offered.—Fiak & Robinson, having purchased the $3,000,000 fleet m ortgage 5 per cent goM bonds, are offering them for advance suba iription at 96l and interest to the purchasers of Buff do & Sns4 q u -n an u a HR 4 p. o. preferred stock ( s e e V . 74, p. 1037). F arth er facts follow : Nos. 1 to 750 will be ready tar delivery on ut about July 1, 100?; 7M to l,5uo on ..r about Ueo. 1 loon, anil l,50l to 3,000 on or about Juno 1 1U03. rha loan la dun Juno 1, 1982. but is Bllbjsot to call ua a whole on any intern it da, alter June 1, 1007, on 00 days’ notice, at 107»» a n d tuterent. The bonds are redeemable ror the eluting fund a t par aud Interest In the order or their numbers, beginning at the lowest uurnber, *100,000 yearly from June 1, 1907, to June 1,1931, both inclusive, the riaal $r0o,ou0 being due June 1,1932 In consid eration of the upeolal price at which tnese bonds aro now ottered the purchaser agrees n t to otter them for sale prior to July 1, 1903. 8 ) 0 furth er particulars in V . 74, p. 1040; also C leveland F urnace Co. b elow .—V, 74, p. 1040. B u r lin g to n (Io w a ) W ater C o.— Purchase by C ity.—See page 1050 of last week’s Chronicle . Cam den (M e.) Land Co.— Harmony.— A t th e recent annual m eetin g all differences w ere adjusted, F. M. T ucker, of B o s ton , and John A. Balistier, of N ew Y ork, being elected « b d irectors to represent the d issen tin g shareholders. Capita' stock. $720,000, in $20 shares,of which $14,000 In treasury; debts and mortgages, $25,155; contra, 800 acres of land on the sea shore at Camden aud Lluoolnville, Me., aud $42 cash. President, Frederick M. Peck, H artford, Conn.— 74, p. 886. V. C a lifo r n ia C en tral Gas & E le c tr ic Co.— Earnings.—'T he receipts for the 10 m onths ended March 81,1902, ate reported: Gross receipts, $256,109; net, $63,708, bond interest to April 1, $23,624; sinking fund, $13,338; balance, $26,751. Possession o f the plant of the Fresno G as & E lectric Co. w ill be taken J u n e 1.—V. 74, p. 1040. C h em ical Co. o f A m e rica .—Incorporated. —This com pany w as incorporated in N e v Jersey on T uesday w ith $5,000,000 authorized capital stock. Incorporators : H ow ard S. G ould, E van J. D udley and K enn eth K. M cLarin. C in c in n a ti (la s & E le c tr ic Co.—Earning*.—' he “ C incin T n a ti Enquirer” says that th e report of the President a t th e annual m eetin g on M ay 5 for the ten m onths sin ce the co n solidation show ed: Gross receipts, $2,104,308; operating expenses, $1,167,959; net profits, $936,349. Output of gas for the past quarter increased 17-51 er cent; applications for service In buildings into which gas has not een piped Increased 44 per oent; eleotrloal output Increased 18-95 per cent.— 74, p. 729, 97. V. C itiz e n s’ T e lep h o n e Co., G rand R a p id s, M ich .—See F ed eral Telephone Co. b e lo w .—V . 72, p. 1138. C la ir to u S te e l Co.— Consolidation— New Bonds. —A p p lica tion w ill be m ade in P en n sylvan ia on J a n e 6 for a charter fo r this com pany, w hioh w ill absorb the St. C lair F urnace C o., b uilding three b last furnaces at C lairton, and also the St. Clair Steel C o., b u ild in g open-hearth and Bessem er steel w ork s at the sam e place (see V . 73, p, 9)2,1364). The plans o f th e C rucible Steel Co. o f A m erica, the parent com pany, fo r w orks at C lairton h ave been m uch enlarged, and it is the in ten tio n to add finishing m ills, and probably roll rails, sheet bars, and perhaps stru ctu ral m aterial. To carry out these p lans th e C lairton Steel Co. has been organized. A n official sta tem en t follow s; The Clairton Steel Co. lias arranged w ith the Union Trust Co. to purchase $5,000,000 new bonds to provide for completing thefnrnaoe and steel plants and to furnish working capital. The bonds will be guaranteed by the Crucible Steel Co, of America, which will own the entire capital stock of the new company. It is expected th a t eight of the 12 50 ton open-hearth furnaces will be in operation about Sep tem ber 1, and the balanoe, together w ithjthe,three blast furnaces, be fore the first of next year. With the completion of the above the Cruoible Steel Company of America will be able to supply from its own works all the pig iron and steel it will need for its various oruelble plants. The Exeouttve Committee of both the Crucible Steel Co. of America and the Clairton Steel Co. embrace C. fl. Halcomb, W. P. Snyder, A . W. Mellon, Reuben Miller, Jam es H. Park, Frank B . Smith and R. E. Jennings. C. H. Haloomblwlll oontinue as President of the former company and W. P. Snyder will be President of the latter. T he report th at H enry C. F rick has acquired 39,000 pre ferred shares of the C rucible S teel Co. of A m erica, and w ill be m ade a director, is officially denied. It is probable, h o w ever, th at H enry W . Oliver, of P ittsb u rg, w ill go on the board. C ity Gas Co. o f N o r fo lk .—See N orfolk P ortsm outh & N ew p ort N ew s Co. under “ R ailroads.”— V, 62, p, 1139. C levelan d ( 0 .) F u rn a ce Co.—New Enterprise.— T his c o m pany recen tly incorporated in N e w Jersey w ith $1,000,000 authorized cap ital stock is preparing to b uild at C leveland a m odern b last furnace of ab out 409 tons cap acity per day, and later plans to build a second furnace. M em bers of th e firm o f R ogers, Brow n & Co. are largely in terested in th is en ter prise. as also in the follow in g: [Y o l . l x x i y . Consolidated Rubber Tire Co.—Unfavonible Decision.— The United States Court of Appeals at Cincinnati recently reversed the decisions of two lower United States Courts and decided adversely to this company its suit against the Good year Tire & Rubber Co. for infringement of the Grant patent on rubber tires. The directors have decided to appeal the case to the United States Sapreme Court. See Goodyear Tire & Rubber Co. below and American Rubber Works Co. above —V. 74, p. 632. Corn Products V o.—Dividend Period.—The by-laws have been changed to permit the payment of dividends, when and if declared, the 10th day of July, October, January and April, instead of June, September, December and March. Official Statem ent.—See page 1086, — 74, p, 835, 777. V. Crucible Steel Co.—New Bonds.—See Clairton Steel Co.— V. 73, p. 1359, Daly Gold Lining Dental Co.—Stock Offerei. —Howth & Co. of this city are offering a portion of this company's $500,000 capital stock at $1 50 per $5 share. W. E, Howth is President and Silas B. Dntcher is named as a director, Deadwood Terra Mining Co.—Payment in Liquidation.— All debts having been paid, $221,000 remains for distribution to shareholders, being equal to $1*105 per share, payable at office of the transfer agents, Lounsbery & Co., 15 Broad St., on surrender of certificates, Dillon (Mont.) Electric Light & Power Co. — Bonds Offered.— Lawrence Barnum & Co. were recently offering at lb3 and interest the entire issue of $80,000 first mortgage 6 p, c, gold bonds, dated April 1, 1902, due April 1, 1932, but subject to call at 110 and interest. Capital stock, $100,000. Distilling Co. of America.—L itigation. —Justice O’Gor man in the Supreme Court of this state on May 17 granted the application of M. L. & C, Ernst and Frederick G. Reeves, as stockholders of the American Spirits Manufacturing Co., for an order requiring the transfer back to that company of all its property and assets. Tne Distilling Company, how ever. as owner of over 92 per cent of the stock of the Ameri can Company, continues in practically complete control of its operations. This suit is independent of the one brought by the protective committee, Bert Reiss, Chairman. (See V. 73, p. 393; V. 70, p. 536; V. 69, p. 128.) A somewhat similar suit brought by Kalmann Hass and E. O. Ditman for the appointment of a receiver for the Ken tucky Distilleries & Warehouse Co. is pending in the Court of Chancery of New Jersey. (V. 71, p. 392)— 74, p. 939, V. 777. Dominion Coal Co., Limited.—Called Ronds.—The New England Trust Co. of Boston will pay at 110 and interest on June 1 $118,000 6 per cent first mortgage bonds, due March 1, 1913, drawn for payment.—V. 74, p. 832. Dominion Iron & Steel Co.—Status o f P lant.—At the shareholders’ meeting on May 1 James Ross, managing di rector, said in substance: Delays in oonneotion with the completion of the plant, principally in the coal-washing department, have limited very considerably our out put of pig iron and steel. The original Intention was to wash about one-third of the coal, but we find it is best to wash the whole of the coal before sending it to the blast furnaces. We are now able to wash 1.000 tons a day, and expect steadily to inorease this to 1,600 and 2.000 tons a day. The blooming mill is working most satisfactorily, and all the prod ucts made in the open-hearth furnace lhave turned out in excellent, condition, several changes in the blast furnaces are now in progress. Our fundamental problem has been successfully solved, but we do not expeot to get results showing our earning capacity until we are turning out our full output. In a few months, he added, the output will be 1,000 tons of steel of the best quality per day.—V. 74, p, 990, 832. Eastern Paving B rick Co., Catskill, N. Y.—R e c e i v e r . — Interest on the $180,000 mortgage bonds of 1898 being in de fault since Sept. 15,1900, President Howard P. Eslls has been appointed temporary receiver on application of the Wood land Avenue Savings &Loan Co. of Cleveland, Ohio. Eastman Kodak Co.—Consolidation.— The consolidation, it is announced, has been effected. See official statement in V. 74, p. 939. Electro Pneum atic T ransit Co.—Stock Returned. —The shares which were deposited with the Manhattan Trust Co. under protective agreement issued in January, 1898, by the Waterbury Committee were returned to the owners some months ago. An assessment was made of t wenty cents a share, for which amount the holders received a certificate of indebtedness. Nothing, it appears, is being done at present looking to the rehabilitation of the company.—Y. 71, p. 915. Federal Telephone Co.—S a l e , — The control of the People’s Telephone Co. of Jackson, Mich., has been sold to persons B u ffa lo & S u s q u e h a n n a I r o n C o. ( s e a b e lo w a n d V o l. 74, p. 1040): T o n a w a r .d a identified with the Citizens’ Telephone Co. of Grand Rapids, I r o n & S te e l C o., w ith e x t e n s i v e p l a n t o n N i a g a r a R iv e r , n e a r b u ff a lo ; I r o q u o is Mich.—V. 74, p. 580, 481. I r o n Co., w i t h tw o l a r g e f u r n a c e s a t S o u th C h ic a g o ; H a n g i n g R o c k I r o n o o . i n O h io a n d , P u n x s u t a w n e y I r o n C o., in W e s t e r n P e n n s y l v a n i a , a ll u s in g L a k e S u General Carriage Co. of New Jersey.—Reorganization p e r i o r o r e s . T h e firm is a ls o c lo s e ly a llie d w i t h t h e E m p ir e I r o n & S te e l C o., w i t h 12 f u r n a c e s in P e n n s y l v a n i a a n d N e w J e r s e y , a n d t h e A lle g h e n y I r o n A P l a n . — C. S. Drummond of London, England, and William O r e C o., w ith t h r e e f u r n a c e s i n V irg in ia . J. Arbell of New York present the following plan: C o n so lid a te d M atch Co.—New Enterprise ,—This com pany The Manhattan Transit Co., incorporated May 14 under w as incorporated in N ew Jersey on Thursday w ith $10,000,- the laws of New York, with general powers for m anufactur 000 authorized capital stock, of w hich $4,000,000 is 7 per cent ing, operating and otherwise dealing in vehicles of all kinds cu m u la tiv e preferred; par valu e of sh a res$100. Incorporators for tran sportation of passengers or freig h t, sh a ll issue: — Frederick B. M arekle, S tello V in ton and Joh n J . R anagan, C a p i ta l stock, all common, in $20 shares........................... $ 10,000,000 N e w Y ork, all associated w ith the law firm of S eym our, Sey T Of which, to b eset apart for the benefit of the company. 4.000.000 Exchangeable for $20,000,000 stock of General C ar m our & H irinon of 40 W all S t. The new com p m y is said to riage Oo. on basis of $20 new fo r each $100 obi stock ow n a num ber of valuable p atents and to be p lan n in g a n u m paying $2 (such payments to aggregate $400,000) . 4,000,000 ber of plants in various places. Immediately available for other purposes ................... 2,000,000 M a y 24, 1902.] Fifty-year 4 p. THE CHRONICLE c. g o ld m o rtg a g e b o n d « .................................. Of which applicable for retirem ent a t or before m a tu rity of $276,000 existing 4 p. c. mortgages below mentioned.......................................................................... 8 0 0 ,0 0 0 300,000 By means of the aforesaid s^ook and bonds the new com pany w ill acquire besides the $100,000 cash the follow ing: (1) Land on northw est oorner of 47tli St. and 2d Ave., New York City, extending 100 feet on 2d Ave. and 227 feet on 47th St., together •with all the buildings thereon (portions subject to short leases). This property being subject to 4 p. o. mortgages for $276,000, not due, either said mortgages will be dlsohargcdor $300,000 of the new bonds will be reserved to provide for the payinenttheroof. (2) All machinery, tools and supplies In said buildings, the Diesel engines being held by lease. (3) All the capital stook of the General Carriage Co. of New York, covering special charter franchises. (4) 150 automobile vehicles, mostly electric, including omnibuses, landaus, broughams, hansoms, de livery wagons, eto. (5) Exclusive rights for New York State to use the autotrucks m anufactured by the International Power Co. (0) All stock of the General Carriage Co of New Jersey exchanged pursuant hereto. Stockholders of the General Carriage Co. of N ew Jersey desiring to exchange their shares for the shares of the new oompany on the basis of $100 old for $20 of the new stock are asked to deposit their certificates on or before May 25, w ith the A tlantic Trust Co., 49 W all St,, and pay to said trust company $2 per share o f stock deposited. The money and stock are to be returned if the plan is not carried out by Ju ly 1, 1902. Joseph H. Hoadley, President of the International Pow er Co., it is understood, has sold control to Messrs. C. S. D rum mond and associates of London and W . J. Arkell, but w ill retain an interest and continue as one of the directors. (See V. 74, p. 886. General Chemical Co.— Official Statem ent. —On page 1094 w ill be found tbe full statem ent made to the N ew York Stock Exchange in connection w ith the listing last w eek on the Exchange of the preferred and com m on stock. The statem ent includes a history of the organization, a list of the properties owned, a balance sheet, the incom e account for 1901, the names of the officers and directors and m u oh other inform ation.—V. 74, p. 1041, 990. 1093 $1 25 is called for payment Sept. 2. The dividend is payable on June 16 to stockholders of record on M ay 81. Should the same amount be distributed next September and subsequent ly, the shares being then $7 50 paid in, the dividend rate w ill be 4 per cent per annum on the actual cash investment,— V . 74, p. 881, 778. R ecord P u b lis h in g Co. o f P h ila d e lp h ia . — Prtyperly Sold. —A t the M aster’s sa le on M ay 15 th e co n tro l of th e prop erty w as bough t in by W. S. Stenger, a P hiladelp hia a tto r n ey, for $2,874,800, v iz .: $2,800,000 for $905,000 ot th e c o m pany’s $1,000,000 stock; $501,000 for $470,000 of its 6 per cen t bonds and $10,800 for overdue in te re st.—V. 74, p. 132. Steamship Amalgamation.— Plan Approved. —A t th e m eetin g o f th e W h ite Star L ine on M ay 17 th e a greem en t to p articipate in th e steam sh ip a m a lgam ation , it is u n d er stood, wan approved by a large m a jo rity , if not u n a n im o u sly . Plan.— The fu ll te x t o f th e agreem en ts en tered in to under date of F eb. 4, 1902, by J , P. M organ & Co. and rep resen ta tiv es of the variou s steam sh ip com p anies and also th e firm of sh ipb u ild ers, has been receiv ed in th is co u n try and w a s p ub lished in th e “ Jou rn a l o f C om m erce and C om m ercial B u lle tin ” on M onday. T h ese d ocu m en ts afford th e fo llo w in g : C a p it a l iz a t io n . The new company is to have $120,000,000 capital stock, of which $60,000,000 preferred stock, 6 p. c. cum ulative, and $60,000,000 com mon stook, lim ited to dividends of 10 per cent per annum so long as there shall be outstanding any of the debentures, and $50,000,000 of collateral tru st debentures, bearing Interest a t the rate of 4*6 per cent per annum, payable semi-annually,the principal to be payable In tw enty years, with the right to the corporation a t any tim e after five years to redeem the same a t 105. P r o p e r t ie s to Be a c q u ir e d . (a) All the shares, namely, 750 sbareB of £1,000 each of the Oceanic Steam Navigation Co., together w ith new vessels building for the company, and all rights In the “ White Star Line” name, etc.; also the business, etc., of Ismay, Im rie & Co., exoluding certain properties and rights reserved. fb) All the'shares of the ^Dominion Line (the British < North A t fc lantic Steam Navigation Co. and the Mississippi & Dominion SS. Co.), including all new vessels building, nam e and good-will; also th e busi Goodyear Tire & Rubber Co. of Akron, O.— New Stock. ness, etc., of Richards, Mills & Co., agents of the line, except certain properties and rights specified. —This Ohio corporation has increased its authorized capital (c) The capital stook, properties and assets of the International N av igation Co. (American and Red Star lines), including new vessels stock from $200,000 to $1,000,000, to provide for extensions. building. Decision.—See Consolidated Rubber Tire Co. above. (d) The capital stook and property of the A tlantic T ransport Co., vessels International Telephone Co. of America.— -Re-incorpo Including newordinarybuilding. (e) 118,463 shares and 58,703 preference shares of Fred rate i, —This company recently surrendered its corporate erick Leyland & Co. [viz., £1,184,630, being all of the common stook, franchises and filed certificate of re-incorporation. The in also £587,030 of the £1,402,030 preferred stock, b ut none of the corporators are Josiah Marvel, Edward Marvel and W illiam £500,000 of 4 p. c, debentures]. The to take any one of the properties of M. Lupton, all of W ilm ington, Dal.; capital, $1,000,000.—V. which corporation m ay declineshall be delivered on or before Dec. 20, less than three-fourths 74, p. 380. 1902. The White S tar Line and the Dominion Line are to be tak en over as of Jan. l, 1901, w ith interest on the purchase prices a t 5 per Kentucky Wagon Manufacturing Co.—Dividend Increased. cent to the date of paym ent. —The company nas declared a quarterly dividend of *1% p, c. V a l u a t io n s P l a c e d on t h e S e v e r a l P r o p e r t ie s . and one-half of 1 p. c. extra for the quarter, m aking a total (a) The shares of the White Star Line are to be valued on a basis of of 9 p. c. for the year, the first three-quarters having been 2 capitalizing the net profits for 1900 a t 10 per cent (after deducting from profits an am ount for d ep red atio n equal to 6 per cent on book p. e.—See Y. 74, p. 1041. value of steam ers and other items); and the same m ethod is to be Kingston(N. T.) Gas & Electric Co.—Incorporated. —This adopted w ith regard to the firm of Ismay, Im rie & Co. Sums paid on or before Deo. 31,1900, on vessels building are to be repaid. (5) The Dominion Line stock is to be valued on substantially the same basis as the White 8tar Line, and so also is the business of R ich Directors— W. Btroud and R. L. Babcock of Philadelphia, F. W. ards, Mills & Co. M. -i(c) The aggregate valuation of the American Line and A tlantic Prout and M. P. Osterhondt of Kingston. M anhattan T ra n sit Co.—Successor Company. —See General Transport Line shall be $ 3 1,158,000, subject to $19,636,000 5 per oent bonds of the American Line. Carriage Co. above. (d) The valuation of the Leyland Line shares shall he $11,786,000, left outstanding £315,000 5 per cent preference shares and Marconi Wireless Telegraph Co. of A m erica.— Contract, there being per cent debentures not inoluded in the purchase. £500,000 4 company was incorporated at A lbany on W ednesday w ith $700,000 authorized capital stock. etc.—The company has been awarded the contract for the in stallation of a w ireless telegraph system between Government stations on the mainland of Alaska, no othsr company, it is stated having offered to provide service covering the 195 m iles betw een Fort Gibbon and Bate3 Rapids. The Papin patent rights for electrical tuning so as to ensure secrecy in the transmission of messages were recently purchased. Of the company’s $6,650,000 stock, Mr. Marconi, it is understood, received 55 per cent, in addition to $250,000 cash. Possible R ival. —Prof. R A. Fessenden has recently been conducting experim ents before representatives of the Navy Department w ith his new w ireless telegraph instrum ents w hich he claim s can transm it messages several tim es as fast a3 the Marconi system , whose speed is said to he lim ited to from fifteen tw enty-tw o words a m inute.—V. 74, p. 887, 580. New Jersey Steam boat Co. (P e o p le ’s L in e).— Change o f Control. —Charles W . Morse and associates have purchased a m ajority of this company’s $1,000,000 capital stock and Director John E nglis, father of Charles M. E aglis, President of the Citizens’ Steamboat has been elected temporary Pres ident of the N ew Jersey company. These events have given rise to rumors of a possibly im pending merger of the leading steam boat lines on the Hudson River. Further particulars: The New Jersey Steamboat Company’s capital stock w as originally $2,000,000, b u t was reduced some years ago to $1,000,000 by reduc tion In the par v a lu e of the shares from $100 to $50. Bonds author)'/.< ,<i, $1,:.00,000; outstanding, $1,400,000 consolidated (now first) ■ mortgage 5*, du e 1021; Interest May 1 and Nov. 1 a t office of Farm ers’ Loan & T ru s t Co., trustee; denominations, $100, $300 and $1,000. New York G lucose Co.—Bonds.—See “ C om Products Co.” on page 1086,—V. 74, p. 330. New York A Staten Islan d E lectric C o.— Reorganization P lan, — See Staton Island E lectric RR. under “ R ailroads” above.—V. 08, p, 857, P h ila d e lp h ia E le c tr ic Co.—F irst D ividend. —The di rectors on Wednesday declared a first dividend of 15 cents a share on the 1,009,000 shares of $35 each, on w hich $6 25 per share has been paid in, and a further M e t h o d [o f P a t m e n t . (a) For the total valuation of the White Star, the business of Ism ay, Im rie & Co , and the Dominion Line, w ith the business of R ichards, Mills & Co., determined In eaoh case as aforesaid (exclusive of new tonnage and except as otherwise provided in collateral agreements), paym ent is to be made ot 25 per oent in cash, 75 per cent In preferred stock and 37*2 per cent in common stook of the new company. (6) For the American Line and the A tlantic Transport there are to be paid $18,314,000 preferred stock, and $9,157,000 common stock, and for the new tonnage and indebtedness, $15,844,000 cash. (c) For the stock of the Leyland Line there is to he paid $11,736,000 cash, w ith interest a t not exceeding 6 per oent. Sa le to S y n d ic a t e —W o r k in g C a p it a l . The rem ainder of the stook of th e new company and Its collat eral tru st bonds are to be sold to a syndicate for $50,000,000 oash, except th a t there are to be contributed to the corporation as working capital $786,000 preferred stock and $6,643,000 common stock, tbe syndicate receiving for tb s $50,000,000 oash and in full paym ent for its services the said $10,000,000 debentures and $2,500,000 of preferred stook and $25,000,000 oommon stock. (a) B u il d e r s ’ agreem ent. All orders for new vessels and for heavy repairs, requiring to be done at a shipyard of the United Kingdom, are to be given to Harland & Wolir, b ut “ nothing herein contained shall prevent the p ur chasers from placing orders for new steam ers and repairs a t ship yards In the United States.” In return H arland & Wolff agree not to build ships for any persons not in the combination, except the Hamburg-Amerioan company, so long as orders from tbe combination keep the builders’ works busy. H arland & Wolff are to be paid the cost of the work plus 5 per cent on new ships, IO per cent on new machinery in old vessels, and 15 per cent on repairs. This agreem ent runs for 10 years and is term inable thereafter only on five years’ n o tice from either side. Second Instalm ent. —T he second in sta lm e n t o f 25 p. c. on th e $50,000,009 gu aran teed b y th e u n d er w r itin g sy n d ica te w as payable yesterd ay. A s sh o w n b y th e above agrem en t the und erw riters receive, fo r ev ery $10,000 cash, $10,000 in bonds, $590 preferred, sto ck and $5,000 of com m on sto ck . Of th is J . P . M organ & Co., it is said, w ill g e t one share of preferred and five shares o f com m on stock as th eir b onus for o rgan izin g th e sy n d ic a te.—V . 74, p. 991, 941. B T F o r o t b e r In v e s t m e n t N e w s nee P a g e 1095. 10C J4 iH B lljc p o r ts CHRONICLE. am i IV o l . L X X IV , g o c m u jc n ts* THE GENERAL CHEMICAL COMPANY. VTION 'I*» i . 1 1 . V VORK STOCK EX C H A N G E TO LIST T H E PR E F E R R E D A N D COMMON STOCK. V N e w Y ork , F ebruary 20, 1002. All of w hich had been co ncerns long established in b u si I he G eneral i Chemical C om pany h ereb y m akes ap p licatio n ness. A u n ifo rm m ethod w as a t th a t tim e adopted for d e te rm in to liave placed on th e re g u la r list of th e New Y ork Stock E xchange $0,410,000 Six P er C ent C u m u lative P referred ing th e purch ase prioes to be paid ‘for these properties. T angible p ro p erty , in clu d in g land, p lan t, m aterials, stock, Stock an d $7,410,300 Com m on Stock. The C om pany was organized u n d er th e g eneral law's of etc., w h ich w as paid for in P re fe rre d (Stock, w as appraised th e S ta te of New Y ork in F e b ru a ry , 1890, by C ertificate of by an A ppraisal C om m ittee a t th e b a re cost of reproducing In co rp o ratio n , tiled w ith the S e c re ta ry of S ta te on F e b ru the sam e, based upon th e prices p rev ailing on M arch 1, 1899. In ta n g ib le p ro p erty , in clu d in g business, good-will, tra d e ary 15, 1890, a n d w ith th e C lerk of P u tn a m C ounty, New* m arks, tra d e nam es, c o n tra c ts, etc ., for w hich Com m on Y ork, on F e b ru a ry 16, 1899. The purposes for w h ich th e C om pany w as form ed are set Stook w as issued, w as appraised a t ten tim es th e average fo rth in A rt. 2d of th e C ertificate of In co rp o ratio n as follows- a n n u a l earn in g s for th e period of five an d one-half years, from J a n u a ry 1,1898, to Ju ly 1, 1898, as those earn in g s “ To e s ta b lish , m a in ta in a n d oon d u ot, In th e S ta te o f N ew Y o rk an d else w h e r e , th e b u sin e s s of m a n u fa c tu r in g , p u ro h a stn g and s e llin g a n y w ere a scertain ed and certified by th e A u d it Com pany of N. Y. a n d a ll k in d s o f c h em ica ls, a n d a n y and a ll In g r e d ie n ts an d c o m No P re fe rre d Stook w as issued ex cep t in so fa r as th e ta n g p o u n d s th e r e o f, a n d a n y a n d a ll m a te r ia ls th a t m a y be u sed In or In c o n n e c tio n w ith su c h m a n u fa c tu r e or s a le , In clu d in g a s a p a rt o f and ible p ro p erty purchased h ad been ea rn in g n o t less th a n a t in cid en t to su c h b u sin e ss, m in in g an d o th e r m o d e s o f a c q u ir in g s u l th e ra te of E ig h t P e r C ent per a n n u m for a c e rta in tim e p h u r, b a u x ite a n d o th e r ores, and raw m a te r ia ls u sed In sa id b u sin ess; theretofore. In cases w here less had been earned, Prefen-ed and th e s a le , u tiliz a tio n an d d isp o s itio n o f a ll su r p lu s or b y -p r o d u c ts Stock w as issued for th e ta n g ib le pro p erty to an a m o u n t on a risin g from th e o on d n ot o f sa id b u sin ess; w ith th e r ig h t, in oon n eo rlon w ith Its b u sin e s s, to p u r c h a se , o w n , u se an d s e ll p a te n ts , p a te n t w hich such earn in g s had been E ig h t P e r C ent, and th e r ig h ts, In v en tio n s an d p r o c e sse s r e la tin g th e reto ; to p u r c h a se , a c balance of th e ap p raised price due for such ta n g ib le s w as q u ire, h o ld , s e ll an d c o n v e y in th e S ta te o f N e w Y ork an d e ls e w h e r e In th e U n ite d S ta te s an d fo reig n c o u n tr ie s , su oh re a l or p erso n a l paid in Com m on Stock. For th e p lan ts and properties acq u ired on M arch 1, 1899,, e s ta t e a n d p ro p erty a s m ay b e n e c e ssa r y or p ro p er fo r th e b u sin e s s p u r p o se s o f th e co rp oration ; a n d g e n e r a lly to do a n y an d a ll t h in g s th e prices paid and th e stocks issued w ere: In P referred n o t co n tr a r y to la w w hich m a y b e n e c e ssa r y or p rop er In c o n n e c tio n $7,401,300, in Com m on $6,970,300. w ith th e sa id b u sin e s s.” Since th e fo rm atio n of th e C om pany o th e r p la n ts and T he au th o rized c a p ita l of said Com pany is $25,000,000, as properties have been acquired. follows; $12,500,000 P re fe rre d Stock, divided in to 125,000 The p lan ts a t th e p resen t tim e ow ned in fee are as follows: shares, an d $12,500,000 Common Stock, divided in to 125,000 N a m e o f P .a n t. L o c a tio n . shares; all th e sh ares being of th e p ar v alu e of $100 each. Bayonne Works . .......Constable Hook, Bayonne, N. J. Since J a n u a ry 1st last 48 sh ares of Com m on S tock w ere Bridgeport Works..........Worden Avo., Bridgeport, Conn. ssued to c o rre c t an erro r, m ak in g th e a m o u n t now o u t Dundee Works................Lodi and 8th Sts., Passaic, N. J. Fairfield Works..............Fairfield, C o u d . sta n d in g $7,410,300. Buffalo W orks................Abbott Road and Buffalo River, Buffalo, N. Y. The P re fe rre d an d Com m on shares have equal v o tin g Chloago W orks............. . 21st Street and Stewart Ave., Chloago, 111. Calumet Works.............. Chicago, 111. rig h ts, an d are fu ll paid an d non-assessable. Highlands W orks..........Highland Station, Putnam Co., N. Y. T erm s of p referen ce of P re fe rre d Stock a re as followsHudson River Works ...Shadyslde, N. J. Laurel Hill Works......... Laurel Hill, Long Island, N. Y. Lodi W orks.................... Lodi, N. J Moro Phillips W orks__ Camden, N. J. National Works............. Cleveland, Ohio. Passalo W orks................Brill Ave., Newark, N. J. St. Louis Works............. St. Louis, Mo. Syracuse W orks.............Marsh Road, 8yraouse, N. Y. Troy W orks.................... Look No. 4, Erie Canal, Troy, N. Y. United States Works__ Camden, N. J. N J. The C om pany c a n n o t m o rtg ag e its p ro p e rty or a n y por Standard Ohem. Works..Camden,Heights, 111. Illinois Works.............. Chicago T h e h o ld ers o f P refe rred S to c k sh a ll b e e n title d to r e o e lv e c u m u la t iv e d lv ld en d s'.th er eo u a t th e r a t e o f S ix P er C en t p er a n n u m , p a y a b le fro m th e n e t e a r n in g s or th e su r p lu s a r is in g from th e b u sin e s s o f th e c o r p o ra tio n b efo re a n y d iv id e n d s sh a ll b e s e t a p a rt or p a id on th e C om m on S tock; a n d u p on liq u id a tio n th e h o ld e r s o f P refe rred Stook sh a ll b e e u title d to p a y m e n t In fu ll a t p ar, w ith a ll aooru ed d iv id e n d s , o u t o f th e n e t a s s e ts o f th e c o rp o ra tio n , b e fo r e a o y d istr ib u tio n o f a s s e ts to h o ld ers o f th e C om m on 8took; an d h o ld e r s of P refe rred sh a ll h a v e n o fu r th er r ig h t to th e e a r n in g s or t h e a s s e t s o f th e co rp o ra tio n . tio n th e re o f w ith o u t th e w ritte n co n sen t of th e holders of a t le a st tw o -th ird s of th e P re fe rre d Stock o u tsta n d in g a t th e tim e. W ith th e co n sen t in w ritin g an d p u rs u a n t to th e vote of th e holders of tw o -th ird s in in te re s t of each class of stock issued a n d o u tsta n d in g , th e D irectors sh all have pow er and a u th o rity to sell, assign, tra n s fe r, ex ch an g e or otherw ise dispose of the w hole or a n y p a r t of th e p ro p erty a n d busi ness of th e C om pany. T he P re fe rre d Stock now o u tsta n d in g am o u n ts to $9,416.000 an d th e Common S tock to $7,410,300. T he rem ain d er of th e P re fe rre d S tock, $3,084,000, a n d of Com m on S tock $4,0S9,700, is u nissued, an d c a n only be issued for v alu e re ceived, as p rovided by law. The stock is q u ite g en erally d istrib u te d , th e re being 499 holders of P re fe rre d sh ares a n d 233 holders of Common. The rev e n u e ta x on th e o rig in al stock issued has been du ly paid. T here is no bonded in d eb ted n ess w h a te v e r and no m o rt gage in d eb ted n ess w h a te v e r due or ow ing by th e G eneral C hem ical C om pany or a n y of its c o n s titu e n t com panies, ex cep t t h a t th e T hom sen C hem ical C om pany of B altim ore has a m o rtg ag e fo r $50,000, se c u rin g an issue of bonds b e com ing due M ay 1, 1918. b u t s u b je c t to red em p tio n a t any tim e a fte r May 1, 1903, in sum s n o t less th a n $4,000, an d ex cep t th a t, t h a t sam e C om pany h as o u tsta n d in g a second m o rtg ag e, w h ich th is C om pany owns. E x cep t as aforesaid, n e ith e r th e G eneral C hem ical Com pany n o r an y of its contro lled com panies ow es debts of an y k in d , ex cep t c u rre n t bills, w h ich are se ttle d m o n th ly . The C om pany w as o rganized for business an d com m enced business on M arch 1, 1899, on w h ich d a te it purchased an d took over th e p la n ts an d businesses of th e tollow ingnam ed com panies: C h a p p ell C h em ica l C o., C hloago, 111. W. H . C h a p p ell & Co., S t. L o u is, Mo. D u n d e e C h em ica l W ork s, D u n d e e , N . J . F a ir field C h em ica l W orks, B r id g ep o rt, C onn. H ig h la n d s C h em ical C om p an y, H ig h la n d s S ta tio n , N . Y . J a m e s Ir -A n & Co., P ittsb n rir, Pa. L od i C h em ica l Co., L od i, N. J. M a rtin E a lb fleiso h C h em ica l Go., B a y o n n e , N . J . M artin K a lb fielso h C h em ical Co., B u ffalo, N. Y . J a m e s L. M organ & C o., S h a d y sld e, N . J. J a m e s L. M organ & Co., B rid g ep o rt. C onn. N a tio n a l C h eraloal C o., C le v e la n d , O hio. T h e N ic h o ls C h em ical Co., L au rel H ill, L. I. T h e N ic h o ls C h em ica l C o., T roy, N . Y. T h e N ic h o ls C h em iea l C o., S y r a c u se , N. Y . P a s s a ic C h em ioal C o., N ew ark , N. J . M oro P h illip s C h em ica l Co., P h ila d e lp h ia . P a. N lo h o ls C h em ioal C o., o f C an ad a (L im ited ). The corporations whose ca p ita l stocks are ow ned by th e G eneral C hem ical C om pany rep resen t an in v e stm e n t by th is Com pany of $2,560,760 26, a n d are as follows: N a m e o f C o rp o r a tio n . L o ca tio n . G en eral C h em ical Co o f P e n n s y lv a n ia .P it ts b u r g , P a . N loh ols C h em ioal O o .o f C an ad a (L td .).C a p e lto n , P . Q . C anada. C an ad a C h em ieal M fg. C o...........................L o n d o n , E a s t P . Q , C a n a d a . B ak er & A d a m so n C h em ica l C o ..............E a s to n , P a . an d V e r sa ille s, P a . T h o m sen C h em ioal Co...................................B a ltim o r e . Md. G en era l L ig h te r a g e C o ................................ 2 5 B r o a d S t., N e w Y ork . Besides these p la n ts th is C om pany also ow ns a b o u t oneth ird of th e stock of a n o th e r corporation a t a cost of $100,000, a n d operates u n d e r th e n am e of th e C rescent & Sher brooke T ank L ines 259 cars, w h ich it ow ns, an d likew ise controls th e G eneral L ig h terag e C om pany, w h ich operates seven ta n k boats an d steam lighters. The follow ing ta b le shows in a su m m ary m a n n e r how the stock of th is Com pany was issued: P r e f. S to ck . Issu e d fo r p r o p e r tie s a cq u ired a b o u t M arch 1 , 1 8 9 9 .......................................................................... $ 7 ,4 0 1 ,3 0 0 Issu e d in p a r t p a y m e n t fo r p ro p e r t’e s a c q u ired s in c e ............................................................... 40S,70O Is su e d fo r oash a t p ar n e t t o th e C o m p a n y ... 1 ,6 0 6 ,0 0 0 $ 9 ,4 1 6 ,0 0 0 Com . Stock. $ 6 ,9 7 0 ,3 0 0 4 4 0 ,0 0 0 .............. $ 7 ,4 1 0 ,3 0 0 N e ith e r in th e o rg an izatio n of th e Com pany nor a t a n y tim e since have an y fees, com m issions, discounts or allow ances been paid, w h e th e r for th e acq u isitio n of p ro p erties or th e sale of P re fe rre d Stock, ex cep tin g th e expenses of C oun sel and of th e A ppraisal C om m ittee aforesaid. D ividends have been paid as follows: U pon th e P re fe rre d Stook a t th e ra te of Six P e r C ent per a n n u m since M arch 1, 1899, a n d th e sam e a re now paid q u a rte rly . One and OneH alf P e r C ent on J a n u a ry 1, A pril 1, Ju ly 1 an d O ctober 1 in each year; on th e Common S tock a t th e ra te of F our P e r C ent per a n n u m from a n d a fte r M arch 1, 1900, and th e sam e are now paid q u a rte rly , One P er C ent on M arch 1, Cue Per C ent on J u n e 1, One P e r C ent on S eptem ber 1 an d One P e r C ent on D ecem ber 1 in each year. The Incom e A cco u n t for th e year 1901 alone is as follows: S u rp lu s o n b o o k s D eo em b er 3 1 , 1 9 0 0 ....................................... N et p ro fits fo r th e y e a r 1 9 0 1 .......................................................... $ s8 9,10t> S7 l,S 6 S ,S 4 7 S3 $ 3 ,8 4 7 ,4 5 8 7 0 L ess d lv s. p a id to sto ck h o ld ers: P r e f e r r e d ...$ 5 2 0 ,4 4 0 0 0 C o m m o n .... 2 9 3 ,3 4 8 0 0 --------------------8 1 3 ,7 8 8 OO L e ss ch a rg ed off P la n t A c c o u n t, e t c .......................................... $ 1 ,4 3 3 ,6 6 5 TO UVv- .’S 38 S u rp lu s, D e e . 3 1 ,1 9 0 1 ................................................ ...............$ 1 ,3 3 8 ,4 3 7 3 7 M a y 24, 1902.] THE CHRONICLE 1095 renew als and b e tte rm e n ts of p lan t, which have g reatly in creased tho efficiency of tho same. The G eneral Chem ical Com pany hereby agrees to publish a fairly detailed balance sheet, show ing the general co n d i A ssets — Manufacturing Investment a t ooat....................................$12,910,102 20 tion or th e Com pany, a n d also an incom e account in each Investments lu other corporations........................................ 2,060,70020 year, and will have the sam e ready in such tim e as to te Merchandise on hand, at factory o o st.................................. 1,100,04770 able to deliver th e sam e to stockholders a t least fifteen days Receivables................................................................................ 1,873,01782 before its A nnual M eeting. Classified as follows: Due from customers...................... ........$811,230 44 The D irectors are: W illiam H. Nichols, S anford If. Steele. Due from corporations controlled........ 472,566 01 George W. K enyon, Jam es L. M organ, Chas. Robinson Bills receivable do do ........ 89,221 37 Cash............................................................................................ 372,55039 S m ith, E dw ard H. Rising, H en ry W. C happell, all of th e ■Unexplred msuranoe premiums, stamps, e to ..................... 20,02029 C ity of New York; E ugene W augh of S um m it, N. J .; W illiam M. Johnson of H ackensack, N. J . ; R obert N. H all of Mon $18,533,464 66 treal, Canada; C larence P. T iers of P ittsb u rg , Pa.; H ow ard F. Chappell of C hicago, 111.; A ngus C am eron of B altim ore, L ia b il it ie s — Capital S tock-Preferred......................................................... $9,416,000 00 Md. do do Common......................................... - .......... 7,405,500 00 The Officers are: P resid en t, W illiam H. Nichols; F irst ViceAocounts payable........................ - ..................................... 332,287 29 P resident, Sanford H. Steele; Second V ice-P resident, Chas. Dividends accrued................................................................... 141,24000Robinson Sm ith; C hairm an E x ecu tiv e C om m ittee, E dw ard Surplus.................... 1,238,437 37 H. Rising; T reasurer, Jam es L. M organ; S ecretary , J. H e r $18,538,464 66 b e rt Bagg. The C om pany’s p rin cip al an d official office is a t H ighlands, The item “ m a n u fa c tu rin g in v e stm e n t” includes real e state in th e Tow n of P hillipstow n, P u tn a m C ounty, New Y ork, an d p la n t ow ned in fee, value $7,002,526 83, to g e th e r w ith w here one of its p lan ts is situ ated . $5,814,321 50 allow ed for th e good w ill thereof. The Com pany also has an office a t 25 B road S treet, in th e In v estm en ts in o th er corporations include th e am o u n t C ity of N ew Y ork. paid th erefo r, w h e th e r in cash or in th e secu rities of the The T ran sfer A gent of th e Com pany is A lfred D. B yrne, w ith an office a t th e New Y ork office of the Com pany, a t G eneral Chem ical Com pany or both. The item s “ m erchandise on h an d an d c a sh ” in d icate only No. 25 Broad Street. th e item s of those descriptions an d a p p e rta in in g to th e The R eg istrar in th e C ity of New Y ork is th e M a n u fa c tu r p lan ts directly ow ned in fee, an d do n o t include th e item s ers’ T rust C om pany of 20 Broad S treet, M an h attan , an d 189 of those descriptions ow ned by th e com panies co n tro lled by M ontague S treet, Brooklyn. There are su b m itte d h e re w ith a copy of th e C ertificate of th e G eneral C hem ical Com pany. The Balance Sheet show s every lia b ility of th e G eneral Incorporation of th e Com pany; a copy of its By-Laws; C hem ical Com pany. These consist of c u rre n t accounts, Opinion of Counsel th a t C om pany lias been legall}- o rg an w hich are paid m onthly. ized, and th a t th e securities have been legally issued, th a t The corporations controlled by th e G eneral C hem ical all real esta te is free an d clear of en cu m b ran ce, ex cep t as Com pany had o u tsta n d in g on D ecem ber 31, 1901, accounts stated th erein an d h erein; Specim ens of each k in d of S tock payable am o u n tin g to $67,699 04, w h ich are likew ise c u rre n t C ertificates, Com m on an d P re fe rre d , bo th one h u n d red accounts, paid m onthly. As a g a in st such acco u n ts these share lots a n d lots of less denom inations; a copy of Resolu corporations had in quick assets, co n sistin g of m erch an d ise, tions as to Sale of Stock of o th er com panies. cash and receivables, $545,312. R espectfully, N either th e G en eral C hem ical C om pany n o r an y of th e WM. H. NICHOLS, President. aforesaid corporations co ntrolled by it has an y obligations The C om m ittee on Stock L ists recom m ends th a t the o u tstan d in g except as h erein stated . above-described $9,416,000 Six P e r C ent C um ulative P re The item “ surplus, $1,238,437 37 ” in d ic a te s th e su rp lu s of ferred Stock an d $7,410,300 Common S tock be ad m itte d to earnings from th e operations of th e C om pany since its th e list. o rganizatio n on M arch 1, 1899, a fte r th e p ay m en t by it to W . H . G r a n be r y , Chairman. and inclu d in g J a n u a ry 2 la st, of $1,988,930 in dividends to A dopted by th e G overning C om m ittee May 14, 1902. its stockholders, an d a fte r large ex p en d itu res for repairs, W m . McCl u r e , /Secretary. The Balanoe Sheet of the assets and lia b ilities of the Com p a n y as of D ec. 31, 1901, as certified by said acco u n ta n ts, is n s follow s: S t. C la ir S te e l Co.— Consolidation,— See C lairton S teel Co. ab ove.— V. 73, p. 902. 298,912 represented proxies held by th e m anagem ent and 87,189 by Talbot J. Taylor & Co., th e la tte r con S t. L ou is N a tio n a l S tock Yards Co.— Listed in Boston .— fining th eir efforts to th e re-election of M. S. B u rrill.—V. The Boston Stock E xchan ge has listed the $2,500,000 first 74, p. 991, 835. U n ited S ta te s S teel C o rp o ra tio n .—Plan Ratified.—A t m ortgage 4 per cen t gold bonds. The com pany is an Illin ois corporation organized N ov. 4, 1872; capital stock is $4,300,- the m eeiicg on Monday th e bond plan w as ratified by a vote of 3,745,731 shares of th e preferred and of 3,958,557 shares of 000; cash in treasury $418,110.—V . 73, p. 1211. the common stock,—V. 74, p. 1042, 991, 985. S tan d ard M illin g Co.— In Possession.—This com pany on Y irg ln ia -C a ro lin a C hem ical Co.—Acquisitions.— The co m May 11 took over all the property of th e U n ited States F lo u r pany confirms th e rep o rt th a t it has arran g ed to p u rc h a se : M illing Co., in clu d in g its interest in the H eck er-Jon es-Jew M on tgom ery F e r tiliz e r Co. an d A la b a m a F e r tiliz e r C o., b o th o f ell M illing Co., w hose property w as also taken out of re M on tgom ery; O p elik a C h em ica l Co. o f O p elik a, M ob ile P h o s p h a te Co. o f M obile an d P a cific C h em ical Co. o f D o th a n , le a v in g o n ly o n e in d e ceiver’s hands.—V. 74, p. 785, 100, p e n d e n t fe r tiliz in g m a n u fa c tu r in g p la n t in A la b a m a , v iz ., a t T roy. S tan d ard S te e l Car Co.—New Directors.— W . L. M ellon of The com pany, we are inform ed, w ill m ake surplus earn in g s M ellon & Sons, bankers, P ittsburg, and H enry A iken have been added to the board, m aking seven directors.—V . 74, p. this year sufficient to pay for these acquisitions.—V. 74, p. 1042, 942. 732, 583. W estern U n io n T e le g ra p h Co.—Contracts with Pennsyl T ex a s O il C om panies.—Forfeited.— The “ St. L ouis G lobe D em ocrat” published a list on May 18 of 242 oil com panies vania RR. Lines to Terminate —The P ennsylvania R R , Co, organized under the law s of Texas, w ith share capital ag g re has notified th e W . U. Co. th a t the agreem ents u n d er w hich g a tin g about $40,000,000, w hose charters have been declared the la tte r operates telegraph lines over the rig h t of w ay of forfeited by the authorities of th at S tate for failu re to pay the railroad so far as they have expired by lim itation, w ill th e franchise tax due on or before May 1; also the nam es ot' term in ate a t the end of six m onths from Ju n e 1, 1902. This 27 foreign corporations, w ith total capital stock of about action is officially explained as due to the failu re to agree on $20,000,000. w hose perm its to do business in Texas w ere for satisfactory term s for a continuance of th e agreem ents, b u t is popularly tak en as occasioned by th e persistence of th e feited for the sam e reason.—V. 73, p. 448. Goulds, who control the telegraph com pany, in th e ir p ro ject T hom as Iron Co., E aston , P a .— Offers.— Verner & Co., for a com peting railroad line to th e A tlantic Seaboard (see P hiladelphia, are ad vertising for offers of th e com pany’s $50 W heeling & Lake E rie item , V. 74, p. 1040.) shares, total issue $2,500,000. A t last accounts there w ere The follow ing was given out as official: $350,000 5 per cent bonds, due in 1910. The property includes T h e n e t y e a r ly r e s u lts to th e W estern U n io n Co, o f th e m a tte r in blast furnaces at A lburtis, H ellertow n and Island Park, Pa. d isp u te do n o t a m o u n t to m ore th a n $-10,000. T h e d isp u te is sim p ly a le g itim a te d ifferen ce o f o p in io n o v e r a o o n tr a o t, an d th e r e is n o —V 69, p. 286. w a rra n t for th e ta lk th a t it w ill lea d to a n y d istu rb a n ce o f th e h a rm o T u b u la r D esp atch Co.—Deport Denied.— See Am erican n io u s r ela tio n s b e tw e e n th e G ould an d th e P e n n s y lv a n ia in te r e s ts . P neum atic Service Co. above.— V. 72, p. 1241. Telephone Companies in the Telegraph Business.—See A m er U n ited Fruit, Co.— Offer to Purchase Boston F ru it Co. ican (Bell) Telephone & Telegraph Co. above.—V. 74, p. 785. Bonds.—The com pany offers to purchase the $25,000 Boston W estinghouse E le c tric & M a n u fa c tu rin g Co.—Acquisi Fruit Co. 6 p. c. first m ortgage bonds m aturing May 1, 1903, tion,—This com pany recently acquired from the L orain Steel at 102 and Interest any tim e prior to Ju ne 1. Co. (U nited S tates Steel Corporation) th e electric-railw ayP u r c h a s e The com pany has bought out the D um ois Bros, m otor m an ufacturing business form erly carried on u n der of C uba.—V. 74, p. 1060,1066. the nam e of the Steel M otor Co. a t Johnstow n, P a , w here U n ited S ta tes Bobbin & S h u ttle Co.—Called Bonds.—The the motors w ill continue to be made. The proposed new Industrial Trust Co., Providence, R. I., w ill redeem on A ug. building at P ittsb u rg , it is said, w ill be 1,700x1,800 feet, w ill 1 at 105 and interest ICO first m ortgage 6 per cent gold bonds cost about $1,500,000, and will double th e capacity of the of the par value of $500 each .— V. 72, p. 245. works a t th a t place.—V. 74. p. 942, 101. W iggins F e rry Co., St. L ouis.—L itigation.—The re tu rn of U nited S ta tes R ubber Co.— Directors Re-elected.—The board of directors as recently changed (V. 74, p. 835) w as the Mississippi Valley T ru st Co. of Sc. Louis to th e C ourt in re-elected on Tuesday and now stands as show n on page 165 the recent in ju n ctio n suit grow ing out of the contest for of the I n v esto rs ’ s u p p l e m e n t . Of the total votes cast control has been printed in pam phlet fo rm .—V. 74, p. 942. THE CHRONICLE lOliB [V o l . L X X IV , C O T T O N . F riday N ig h t , May 23, 1902. Tub Movbmknt o f t h b C r o p , as Indicated by our telegram s COMMERCIAL EPITOME. from the South to -n ig h t, Is g iv e n below . For the week ending this evening the to ta l receip ts have reaohed £0,269 bales, F riday N ig h t , May 28, ltK)3. against 46,289 b ales last week and 59,368 bales the previous A waiting policy has appeared to develop in a number of week, m aking the to ta l receipts sin oe the 1st of Sept., 1901, iiuea cf trade. Both buyers and sellers have shown a dis 7,257,368 bales, again st 7,041,529 bales for the same period of position to hold off aw aiting developments in the near 1900-1, sh ow ing an increase sin ce Sep. 1, 1901, of 215,839 bales. future, and business has accordingly been curtailed to some eteetipte a t— Mon. Hat. Yves. Wed. Tkur*. F ri. to ta l. extent. As to prices, no important changes have occurred, Galveston...... 386 1,568 743 4,237 342 481 717 and the general undertone has been reported as steady. The flab. Pass, Ao 235 235 883 1,564 1,601 1,096 8,047 strike of the anthracite coal miners has continued a matter Mew Orleans... 1,201 1,802 20 7 478 101 606 of much interest to the business world; judging, however, Mobile...... ..... ...... ...... 441 441 from surface indications comparatively little progress has Pensacola, Ac 641 1,943 HO 709 225 265 3 Savannah........ been made the past week by either strikers or operators. Bnmsw’k.Ao. ...... ...... ........ ........ ...... ........ 9 Crop news from the West and South has been generally i . 5 20 6 favorable. The grain crops are reported as making good 9 9 ...... Pt. Royal,Ao. progress and the outlook for the cotton crop is promising. Wilmington.... 348 377 2 12 15 A feature of the week w ts the inaugurat'on on Tuesday of Wash’ton.Ac ...... ........ ........ ...... ........ ........ the independent government in Cuba. 920 2,912 530 182 87 166 1,027 Norfolk.......... Lard on the spot has had only a email sale, both refiners N’p’t News, Ao ...... ...... ...... ...... ...... 207 207 and exporters being ligh t buyers ; prices have declined, fol 372 372 lowing a break in the speculative market, which has been Ronton _____ 24 226 34 62 63 48 adversely influenced by expected increased receipts of hogs B altim ore..... ........ 118 118 and an unsatisfactory cash demand. The close was quiet at 519 50 27 3 68 133 238 10‘55c. for prime W estern and 10@10)^c. for prime City. Re PhHadel’a, Ac.. fined lard has been quiet and prices have declined, closing at Tot. this week 2,762 4,019 3,271 2,883 2,490 4,844 20,269 10 85c. for refined for the Continent. Speculation in lard for The follow in g shows th e w eek's to ta l receip ts,th e to ta lsln o * future delivery has been moderately active. Speculative Sept,1,1901, and the stook to -n ig h t, com pared w ith lastyear> holders have been sellers and prices have declined. The close S to ck . was quiet. 1901-02. 1900-01. JChue C o m m e r c ia l DAILY CLOSING PRICKS OP LARD Sat. Mon FU TURES. Tut*. Wed. T k u r t. F ri. 10-67 10-62 10-52 1050 10-52 10-50 May The demand for pork has been lim ited, but w ith small stocks of fam ily and clear these grades have been firmly held, closing at $18@18 50 for mess, $19 25@20 for fam ily and $18 75@21 for short clear. Cut meats have had only a lim ited call and prices have shown an easier tendency, closing at 8 ^ 0 . for pickled shoulders, llj^ @ 12 c. for pickled hams and 10c. for pickled bellies, 14@10 lbs. average. Beef has been in small supply and firmly held, w ith mess at $14 50, packet $15@16, fam ily $16@17, and extra India mess in tcs. $26. Tallow has been firm but quiet at 6%c. Stearines have been quiet and prices have weakened slightly, closing at 12 c. for lard stearine and 18J^c. for oleo stearine. The..demand for cotton-seed oil has been lim ited, exporters doing practically nothing, but prices have held steady, w ith prime yellow at 45j^@46c. Butter has been in increased supply and prices have been easier, although dur ing the latter part of the week there was a steadier tone and the close was at 19^@22c. for creamery. Cheese has been in limited demand and. steady, w ith new State factory, full cream, quoted at 10^@123^c. Receipts of fresh eggs have been fairly heavy, but w ith a good demand prices have held steady, closing at 17@17j^c. for choice Western. Brazil grades of ccffee have been dull. Both jobbers and roasters have reported only a very moderate distributing business and they in turn have been slow buyers of invoices. There has been, however, no especial pressure to sell and prices have held fairly steady, closing w ith Rio No. 7 at 5j^c. The feature of the market for W est India growths has been the scarcity of the better grades, which have sold readily at full prices, closing at 834@8%c. for good Cucuta. Specula tion in the market for contracts has been quiet. There has been some buying by shorts to cover contracts, and this has held prices fairly steady. The close was quiet. Follow ing are the closing asked prices: 505o. Aug. 5-25c. [ Deo... 5-550. May. 6'35o. Jan.... 5-650. 5-Ooe. S ep t. June 5-40e I Marcli, 5-800. 5-15c. Oct July Offerings of raw sugar have been light, and w ith a lim ited demand from refiners prices have held steady at 8 7 16c. for centrifugals, 96-deg. test, and 2%c. for muscovado, 89-deg. test. Refined sugar has had only a lim ited sale; prices have been unchanged at 4-65c. for granulated. Teas have been dull. Pepper and nutmegs have been steadier. Business in the market for K entucky tobacco has been quiet, both exporters and the home trade being light buyers; prices have held steady. Seed leaf tobacco has had only a small sale and there has been an absence of tone to the mar ket. Foreign tobacco has been quiet; sales reported for the week included 250 bales Sumatra. Business in the market for Straits tin has been quiet, and there has been a slight reaction in prices, closing at 29-35@ 30'25c. Ingot copper has been in fairly active demand and higher, closing at 12-55@12'65c. for Lake. Lead has had a fair sale and prices have held steady at 4T23^c. Spelter has advanced, closing at 4 75c. P ig iron has been in fair de mand and firm. Refined petroleum has been unchanged, closing steady at 7'40c. in bbls., 8'50c. in cases and 4'85c. in bulk. Naphtha has been unchanged at 9-05c. Credit balances have been steady at $1 20. Spirits turpentine has reacted slightly, but the close was steady at 47^@48c. Rosins have weakened slightly, closing at $1 60 for common and good strained. Hops have been in small supply and firmer. Wool has been quiet. Receipt* to M ay 23. IK i* week. S in ce Sep. 1,1901. Galveston... 4,237 2,013,686 85,469 235 Sab. P., Ao. Hew Orleans 8,047 2,187,093 606 151,649 Mobile........ 441 216,623 P’saoola.Ao. Savannah... 1,943 1,095,812 134,267 Br’wlok.&c 20 262,694 Charleston.. 1,565 9 P.Royal.&o 377 275,139 Wilmington 382 Wash’n, Ac. Norfolk----- 2,912 444,967 35,240 207 N’portN.,Ac 372 109,830 Now York.. 226 117,550 8oston........ 94,193 118 Baltimore.. 31,259 519 Phlladel. Ao Totals...... 20,269 7,257,868 In order th a t com parison we g iv e below th e to ta ls at Receipt* a t— Galves’n.Ao. New Orleans M obile...... Savannah... Ohas’ton, Ao Wilm’ton, Ac N orfolk..... EL News, Ao. All ethers... «ot. this wk. 1902. 4,472 8,047 606 1,943 29 377 2,912 207 1,676 20,269 I h it week. Sin ce Sep. 1, 1900. 18,163 1,970,093 421 49,723 17,953 2,288,758 109 106,687 1,609 165,640 5,2E0 1,032,681 2,248 121,164 270 216,774 1,619 7 232 256,500 522 3,608 883,091 168 33,518 2,071 133,010 375 189,906 62,227 978 23,610 440 1902. 1901. 45,847 65,367 147,020 9,589 164,495 9,287 20,236 1,905 51,497 2,398 5,398 6,406 7,406 ...... ...... 18,331 129 186,412 123,096 26,000 17,000 5,188 8,389 3,998 3,821 53,832 7,041,529 475,758 481,580 m ay be m ade w ith other years, lea d in g ports for six seasons, 1897. 1898. 1899. 1900. 1901. 2,853 1,139 5,359 6,302 18,584 4,795 8,361 15,320 19,812 17,953 175 368 116 471 109 2,423 1,933 4,625 5,280 3,327 700 993 247 277 1,237 32 620 54 1,094 232 4,446 3,962 4,322 2,513 3,608 482 198 128 168 848 8,102 3,511 7,178 7,621 8,635 53,832 32,433 38,058 39,038 16.152 29,133 since Sept, l 7257,368 7041.529 6337.128 8155,194 8440 049 6628,167 The exports for the week en d ing th is ev en in g reach a total of 49,261 bales, of w hich 18,348 were to Great B ritain, 1,714 to France and 29,199 to the rest of th e C ontin en t. Below are th e exports for th e w eek and sin oe Sept. 1,1901. 23,1902. F ro m S e t t 1, 1901, to M a y 23,190* S x y o r ie d to — Assorted to— G rist Frsnee C o n ti lot# l Q reel F r a m e C o n ti l e t e l. fr o m — n e n t, B r i t ’n . n e n t . Wisfc. B r ita in . .... 5,120 5,420 832 109 828,186 517,672 1,708,200 Galveston...... ..... 85,293 02,987 27,696 Sab. Pass, AO.. ...... ...... ..... ..... Haw Orleans. 15.371 ...... 7,015 22,389 662,87S 278,527 018,288 1,789,688 29,809 93,330 83,511 ...... ...... ........ Mobile......... ..... ..... C4.72S 18,099 88.S7S 1S9.8C0 Pensacola..,. ........ 0,797 8,967 219,145 18,815 619,911 7S7.7S1 2,170 Savannah..... 71,769 5,018 88,759 115,570 ...... ........ ...... ....... Brnnswiok.. 65,300 73,41* 137,020 ........ ...... Charleston.. ........ ........ ........ ....... Port Royal. 119.076 112,580 201.005 Wilmington,. ....... ....... ....... ...... 3,100 83,338 21.239 200 35,575 200 36,375 ...... 200 g’port N.. Ao.. 023 1,711 6,093 9.0S0 2,-9 904 21,876 212,873 521.713 New York.... 154,.-98 ...... 181 149,310 181 Boston......... 760 48,201 98,8*8 ........ ........ 2.771 2,771 49,891 S altim ors... 2,303 16,*77 14,275 Philadelphia. ..... 119 814 10,',078 300 10,801 300 ten Fran.. Ao.. ..... T otal......... 18,818 1,714 29.199 19,201 8,960,138 095,430 9 508,058 6,159,631 > Total. 1900-01. 22,350 15,503 15,051 82,90712,771.017 09?,M * 4889 00 5,858 077 W eek B o d in g M a y ifassort* THE OHKONICLE M a y 2 4 , 1902.1 1097 F u t u r e s .—H ig h e s t, lowest and closing prides at New York. In addition to above exports, our telegrams to-night also g iv e ua the following amounts of cotton on shipboard, not cleared, at the ports named. We add similar figures for Mew York, which are prepared for our speolal use by Messrs. Lambert ft Barrows. Produce Exchange Building. ON SHIPBOARD, NOT CLEARED FOR— M ay 23 a t— G rea t B r i t a in F r’nee New Orleans. G alveston__ S av an n ah .... Charleston... Mobile Norfolk.......... New York__ Other p o rts . Ger Other O oaitmany. F or'gn w ise. T otal. 1,649 10.255 5.365 11,342 1,261 29,872 6,705 9,348 5,769 1,302 1,446 24,670 500 60 J ........ ........ ........ ........ ........ ........ ...... 200 6,300 7,200 700 4,288 1,050 i,400 1,833 2,500 2,000 eoo Total 1902.. 10,604 19,603 14,534 14,077 9,507 68,925 Total 1901.. 22,282 2,709 20.767 11,600 8,116 65,474 752 ---- 24,533---- - 5,180 41,496 Total 1900.. 11,031 L e a v in g •took. 117,148 21,277 19,730 1,905 9,689 21,933 182,129 33,116 406,883 416.116 240,756 Speculation in cotton for future delivery has been on a moderate scale only and the undertone of the market has been unsettled. The bull interest has continued to express decided confidence in the future for this crop deliveries, based on the small supply of cotton coming into eight, a rapidly decreasing visiole supply, and the strength of the Southern spot markets, which have continued to hold firm at above the parity of the local market. Despite, however, the strength of the statistical position, the bull interests have not been aggressive, being held in check by the reports of less favorable trade conditions and the favorable progress of the growing crop. The latter feature, in fact, is the princi pal bear point of the situation. Spinners naturally are not disposed to purchase freely of actual cotton with the present favorable outlook for a large yield from the growing crop, and the sentiment among many of the speculative element appears to be growing more bearish. To-day there was a quiet market, but prices made an advance of a few points on the light crop movement, the amount of cotton “ in sigh t” for the week being below general expectations. During the late trading, however, under scattered selling by local traders, the improvement was lost. The close was quiet, with prices 1 point higher to 6 points lower for the day. Cotton on the spot has been quiet, closing at 9%c. for mid dling uplands. The rates on and off middling, as established Nov, 20,1901, by the Revision Committee, at which grades other than middling may be delivered on contract, are as follows, Fair...................................o. 1*14 on Good Middling Tinged_ _ Even Middling Fair ..................... 0*80 on Striot Good Mid.Tlnged.o. 0*20 on Strict Good Middling..........0*50 on Striot Middling T inged.... 0*06 off Good Middling.................... 0*32 on Middling Tinged................ 0 1 2 off Striot Low Middling..........0-14 off Striot Low Mid. T inged... 0 34 off Low Middling............................0*38offMiddling Stained.............. 0 50 off Striot Good O rdinary.......0-72 off Striot Low Mid. Stained... 1 0 6 off Good Ordinary................ 1*00 off Low Middling S tained..... 1*50 off On th is basis the official prioes for a few of the grades for the past week—May 17 to May 23 -w ould be as follows. UPLANDS. S a t. Good Ordinary__________ ... 8-37 Low M iddling..—— — . . . . . . 89 9 Middling------ ----------- . . . . . . . . 9% Good Middling________ ____ 9 69 Middling F air............................ 1017 GULF. S a t. M on T uea W ed F ra . 8-56 918 9 9ie 9-88 10-36 W ed 8-50 8-50 9*12 91 2 98s 9^ 9-82 9-82 10-30 10-30 T h , Firi, 8-68 8 81 8-75 8-75 937 9-37 9% 9% 10 07 10 07 1055 10 55 T k , F ri. 8-37 899 9% 9-69 10 17 M on Good Ordinary........................ 8*62 8-62 Low Middling..,___ ________ 9-24 9 24 Middling.................................... 9®8 9*8 Good Middling........ . ............. 9-94 9-94 Middling F air........................... 10*42 10-42 STAINED. S a t. M o n Low Middling— — . . —— 7-87 7-87 Middling.............. - .................. 8'87 8'87 Strict Low Middling Tinged... 9 0 3 9 03 Good Middling Tinged............. 9 37 9-37 8-43 9-05 9 ’ ifl 9-75 10-23 T ues 9-30 9 lli6 IO 00 10-48 V u es 943 9 l3ie 10-13 10-61 W ed 7*93 8*93 9 09 9-43 8*06 9 06 9'22 9-66 8-00 8-00 9-00 9-16 9-50 90 0 9-16 9-50 The quotations for middling upland at New York on May 28 for each of the past 32 years have been as follows, 1902— 0. 1901........ 1900........ 1899........ 1898........ 1897........ 1896........ 1 3 9 5 ...... 9^2 0® 16 0q 6h* 8*8 75ie 1894. ...c . 73]0 1886.. - 0. 9ti 1893. 1885.. 1884.. — 11»8 1892. ....... 738 b 1891. . . . . . 8> 16 1883.. — 11 1882.. — 1218 1890. 1889. 1881.. 1880.. ....1 U 3 16 1888. — 10 1878.. — 1318 1887. ....... 11 MABKET AND SALES. 1878. . .. 0.111 i 8 1877. ....... 10?8 1876. .......11 13H 1875. — *1618 1874. .......188s 1873. .......101* 1872. ....... 2**8 1871. .......1618 The total sales of ootton on the spot each day during the week are indicated in the following statem ent. For the convenience of the reader we also add columns whioh show at a glance how the market for spots and futures closed on same days. Sales or Spot A Oontraot Spot M arket Futures Market Closed. x ConC on Closed, pE r t. tu m p . tra ct. T o ta l. o Baturday.. Quiet at i8 dec.. W eak.......... 3,000 410 3,410 .... Monday__ Steady............. Very steady. 512 1,000 1,512 ready....... j Tuesday... Qnler, at ■« ad v. H 90 90 Wednesday Steady at, Qad.. Steady....... --- 103 103 « ___ Thursday.. Quiet at Qe dec Bteadv....... 100 118 16 Friday...... Quiet.... .......... Quiet Ast’dy 1,100 303 700 2,106 Total...... 4,100 1,438 1,800 7,338 1 1 1 1 14 14 I 1 1 1 11 1 1 14 14 1 1 1 1 1 -to GD O 00 ■ CDO CD CD 14 1 4 <1, <1<I aP On 00 rf*CO c* 31 *» 1 <1< O ' oboo O ■4 05 CD * 14 14 . <1<1 O * •O CD D good 00 14 I 1 11 i a aa 14 l 1 i i 1 1 14 1 1 1I 14 1I S9 1 1 <J , <l<l c d 1 1 00 0 00 0to 1 4 14 ! 1 •? 1 1 1 CO ' o Q i *? CO*I ' C D if* IP * 14 i 4 -? 1 '1 *? 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' C5 . O ft oi m 2. .5 II <g xc . S »5 ^ 6 0 10^. to© • l | 5; " i 00 1 CO © 1 4 1 4 1 4 Cb l *9 1 *4 ‘ © * to * CO °? 1 1 *9 * to * to K 3 CI * OD <35 © O of C otton to -n ig h t, as m ade up by 14 | OD < 1 CO 05 T he V is ib l e (s u p p l y cable and telegraph, is as follows. Foreign stocks, as well as the afloat, are this week’s returns, and consequently all foreign figures are brought down to Thursday evening, But to make the total the complete figures for to-night (May 23;, we add the item of exports from th e United States, Including in it the exports o f F riday o n ly , 1902, 1901. 1900. 1899. *toek at Liverpool__...b a le s. 1 ,000,000 749,000 599,000 1,477,000 stock a t L o n d o n ............... 8,000 8,000 5,000 5,000 Total G reat B ritain stook.1,008 000 757,000 604,000 1,482,000 itook a t Hamburg.— — — 17.000 20,000 16,000 27.000 Stock a t Brem en.............. 154,000 206,000 325.000 801,000 Stock a t A m ste rd a m ..... . . . . . ........ . .. .. . 1,000 3.000 Stock a t R otterdam . . . . . . . . . . . ........ 200 300 200 dtoek at A n tw erp ...— ......... 6,000 5,000 3.000 4.000 Stock a t Havre..........„.........— 184,000 170,000 192.000 203.000 3.000 Stock a t M arseilles................ 3,000 4,000 6.000 Stock at B arcelona.................. 103,000 61,000 93.000 103.000 Stock a t G enoa............... 15,000 43,000 70.000 63.000 Stock a t T rie s te ..... .... ........ 4,000 14,000 6.000 26.000 Total Continental stocks.. 486,000 503,200 702,300 743,200 T etal European sto ck s.... 1,494,000 1,260,200 1,306,300 2,225,200 India cotton afloat for Europe 127,000 85,000 49,000 115,000 Amer. cotrtonafloatforE’rope. 201,000 303,000 193,000 208,000 Egypt. Brazil,&o.,aflt.for Efpe 60,000 23,000 16,000 26,000 Stock in Alexandria, E g y p t... 124,000 171,000 125,000 160,000 Stock in Bombay, India.......... 550,000 610,000 321,000 678,000 Stock in United States p o rts.. 475,758 481,690 282,252 721,713 Stook in U.B. interior towns.. 193,734 415,627 170,982 377,630 United States exports to-day.. 3,678 11,715 18,018 12,527 Total Visible su p p ly ..__..8,229,170 3,366,132 2,481,562 4,524,070 Of the above, totals of American and other descriptions are as follow s: American— uiverpool stock_____ — bales. 887,000 619,000 491.000 1,395,000 Continental stocks................ 440,000 450,000 672.000 678,000 American afloat for Europe... 201,000 308,000 193.000 208,000 United States stock................. 475,758 481,590 282,252 721,713 United States interior stocks. 193,734 415,627 170,982 377,630 United States exports to-day.. 3,678 11,715 18,018 12,527 Total Amerioan.................. 2,201,170 2,285,932 1,827,252 3,392,870 M a it I n d ia n , B r a x il, Ac.— Liverpool stook.................... 113,000 130.000 108,000 82,000 London stook................... 8,000 8,000 5,000 5,000 (Continental stocks......... . 46,000 53,200 65,200 30,300 India afloat for E urope.......... 127,000 85,000 49.000 115.000 2 3,000 Egypt, Brasil, &o., afloat........ 60,000 26,000 16.000 Stook in Alexandria, E gypt... 124,000 171.000 125.000 160.000 Stock In Bombay, India.......... 550,000 610.000 321.000 678,000 Total E ast India, Ac. ____1,028,0001,080,200 654,300 1,131,200 Total Amerioan.................2,201,170 2,285,932 1,827,252 3.392,870 Total visible supply......... 8,229,170 3,360,132 2,481,652 4,524,070 3*8d. 4H32d. middling Upland, Liverpool.. ' 5*8 L 5d. middling Upland, New York.. 9 8jo. 8*60. 9516o. 8*46. Egypt Good Brown, Liverpool 0uq«d. 5®sd. 6& lfld. f'oruv. Bough Good, Liverpool 6Ved. % d. W Broaoh Fine, Liverpool__ . . . 413,„d. 31732d. %£ 580d. ilnnevelly Good, Liverpool... 4>8d. 8® 32<L 4 i16d. 5 ilad. ttSF" Continental imports past week have been 83,000 bales. The above figures Indicate a desreaae in 1902 of 130,932 jales as compared with same date of 1901, a gain of 747,618 dales over 1900 and a decline of 1,294,900 rales from 1899. lH E 1098 OHKONICLE [You LXX1V. Qu o tatio n s fo r M id d l in g C otton a t Ot h e r M a r k e t s ,— Below are clo sin g q u otation s of m id d lin g co tto n a t S outhern and other principal co tto n m ark ets for each day of th e w eek , GLOBING QUOTATIONS FO B MIDDLING COTTON ON- M a y 23. ouoM ^oe w mm- if* m> w m bo; 4-t»tCls) < MO<M B rOia>ioftMWua!^U'>(u<i>- uiAO*.*-MOacetao © 0*q«0© 0l 1 S o © a to O M *0 ■ e S N 3 « - * f c 0 M 0 i a ® o i ^ a « ( j - 'M '- ia © v t^ .- ] c i) O c o o iO ik 'iw s o 'm w H 0> m m M K» © O W © J 3 ® j A M 40 to OS 0 0 « p » J S H jb tD W O J S !^ # ^ # M is b<V') -J ba» ©VMla InbTL« t*IkV M®C W000)0) M ®s B M SO M © SW © -qO O Q i.K O M O O © M «O tBM o<IH )lM <CClfi-.<. © *- to i- O I M ot^K iso tO ao tJM O o ^ -O M M W M M M Q O fcateM to o sca-O O M M © 00 | s Is Galveston,.. New Orleans Mobile... .. . Savannah., Charleston.. Wilmington. Norfolk___ Boston........ Baltim ore.. t'hlladelphia A ugusta.... Memphis__ 8t. L ouis.... H ouston_ _ Cincinnati.. Little Rook. S a tu r . 9H 9aie 87a 9h M on. 93ig 9alS B78 01 * 'Puts. W e d n tt. Thura. P r i. 931« 9*8 878 9*4 9*16 9*18 87e 93i« 9*18 0*16 87a 4*16 9*16 9*16 87s 88i« oq 9*8 9 9*4 9*4 9*4 9*8 9*8 9*8 9*8 9*4 9*8 9*8 9*8 9*16 9h« H^a 9*8 9*8 9*8 9*8 9*8 9»8 0Hl8 918la 088 9*i 9*S s 9*8 9*8 9*4 9j4 9*8 9*8 9is 9 9*8 9*4 9*8 9tie 9*8 9*8 0*8 9*8 0*8 9*8 9*8 She 9*16 9*16 9*18 9*18 9*4 9*4 9*4 9*4 9*4 9*4 H78 87e 878 87s 878 87a The clo sin g q uotations to -d a y (Friday) at other im p o rta n t Southern m arkets w ere as follow s. A th e n s ....._ _ 9*4 Columbus, Miss 8% N ashville....... . 0 A tlanta............ 87s E u fa u la .......... N atohez.......... 9 Charlotte......... 9*8 L ou isville........ 9*8 R aleigh ........... 9*4 Golumtms, Qa. 9 M ontgomery... 9*8 Shreveport_ _ 81B1S srS Js-fig N ew Orleans Option Market .—The highest, lowest and closing qu o tatio n s for leading options in th e New Orleans cotton m a rk e t th e past w eek have been as follows. to ; M® tO - - 1K X00p « O M ) < PHKOJ} <o s * Q ‘ <ktiSM 0W ©'i.w>* M'-l'oMHtn’oi® 0»*4®©% ©V CBMgto to (% sl?r o m ‘ © C O O M O ® ; - q ® ® - 4 -q©-q#*.aOO><*-<olsuiP-tOMO«©®C?>to ©©■ to |S-00-4 to #■ eoto q c «ie-C O towoococc t3»o® f wcfc-q w * J «« do D «#>. iSat"day. Monday. Tuesday, Wed’day, Thursd'y Friday, May 17. May 19 May 20. May 2 1. May 22. May 23. - Oiwl : MOD. • M J tK tH ^ U K)' © -JM M CO CS IXl Olb HH ib OOO O ©* « * © 0i»o«o! fflO HOJ»ffi«li-ibo-©0C MOt©w 1 B » a ® - J W to < l© -q . to M (-* ® t o 0 5 © - q 13 < l ‘- *q © © * * « *-• to m M M a« K > O« to *3 C i ; M v -» SiQDW^WH QDHW W i> * <JH» tt 3 < 7T «0 K* 1C ^ >> j^b0O C l to-d--J<*lcgM )C O >*-*W M < -*»-‘00<J^>^nO fcO tO to, 0^ W <35M €0 v jso cfS i^^ciiai& jd w ^o w w c* H*^c&cc<iocK>Mcnoc^c«co<i I? wS* S o * - * * O M d 3 t O G O 03 K f M M M H ce 1 HMHW ^ <1# ffi M©W6 ^C ^esO feltO aiO l^H f t p 3M C <D M » < | j f t 03p p C*<* O . 06 Co.JW O CO 03 <1 *-* Jf* ^ V ^ mmV ^ V o W ^ V io oW m ^ wVkW&isVVb & V co ^00>00®<li<JQO<S»toOj05^<doeCiOc^O*cr’< C» ‘C3^01 ^030'4 o » S ?H < ^W O«>-‘00K)03Q0OC3^i-Ot3fc0^CPO03l^O^^H-^<0>-»^<0O^ © ^ W K> 60 <3 ; a& ©OWK)W© bo to OO© 03*3to * ^ ^ m w KOVtO ^ > * M WH 00 CO 00 © 00 O <3 »-* <£> 03 #»* -3 N> 03 bB 03 J CJ» 00 Cb O 03 00 CD 00 O fcO<1 <C QD CH t o <© O ©* <© C* SO * • < t o C * 3 0 t o > ^ * - * 00 O* 03 03 ^ fcO !► < J 00 3& Ct> 03 05 00 t* iffcbS 00 M > -p < )iM < <J M to to k i-q w a o j-y i M ta CO H M »sya0 * ► » < ! » « » S M 8? wS I a a V ^ ct>®o>©V ? oooo® to © m a m ©'©V ® ©<] <i » © *. A©©®#.©®®! MO»ffl©O>®lfe.00<>®CTC0©MOIit>.M«©aM * HW(8W»»e<PHi »-0<~3lt>Ca©l)OKlO».M©©000©H^MKI«q© T he ab ove to ta ls sh o w th a t t h e in te r io r sto c k s have de greased d u rin g th e w eek 19,135 b ales, and are to -n ig h t 221,893 bales less th a n at sa m e period la s t y ea r . T h e receip ts at ali to w n s h a v e b e e n 30,295 b a les less th an sam e w eek la s t year. Ov e r l a n d M o v e m e n t f o b t h e W e e k a n d S in c e S e p t , 1,— W e g iv e b elo w a sta tem en t sh o w in g th e overlan d m ovem en t for the w eek and sin ce Sept, 1, as m ade up fro m teleg ra p h ic reports F riday n ig h t, T h e r e su lts fo r th e w eek ending M ay 23 and sin c e S ep t, 1 in th e la s t tw o y ea r s are as follow s, 1901-1802. M ay 23. W eek. S in e s S e p t. 1. S h ip p e d — Via St. Louie ......... Via C a iro .. . . . . . . . . . . . . . . . . Via P adu cah ..., ........... ... Via Book Isla n d ........... .......... V iaL o u isv llie .... . . . . . . ........ Via C in c in n a ti...... . . . . _ . . . _ Via other routes, <feo.... „. . . . . . . 786,709 145,389 1,192 38,093 806 188,509 306 89,158 1,013 338,457 6,257 2,185 1900-1901. W eek. Sines 1. S ept. 7,043 8,193 811,728 219,Si*' 5,101 280 57,140 1,165 129,393 1,212 100,743 1,803 255,012 10,567 1,582,507 14,196 1,578,462 Total gross overland___ D e d u c t sh ip m e n ts — Overland to S . V,, B oston, &o.. Between In te rio r to w n s.______ In la n d , & o„from South----- . . . . T otal to he d e d n e te d ^ .. 1,235 352,832 62,213 26 54,119 947 3,864 408.753 97,097 8,230 68,857 2,208 ~469,164 7,094 574,707 Leaving to ta l n e t o verland*.. 8,359 1,113,343 7,102 1,003,755 * Including movement by rail to Canada. T he fo reg o in g sh ow s th e w eek ’s n et o v erla n d m ovem ent th is year has b een 8,359 b ales, a g a in st 7,102 b ales fo r the w ee k in 1901, and th a t fo r th e season t o d ate th e a g g reg a te net overland e x h ib its an excess over a y ea r ago o f 109,588 bales, 1900-1901. 1901-1902. m M ight an d ,S p i n n e r s ’ Nines Nines T a k tn g s . W eek. S e p t. 1. W u k . S e p t. 1. Receipts a t ports to May 2 3 ....... 20,269 7,257,368 53,882 7,041,629 8,359 1,113,843 7,102 1,003,755 Vet overland to May 28...... ......... Southern consumption to May 23. 37,000 1,360,000 33,000 1,197,000 85,628 9,730,711 93,934 9,242,284 T otal m a rk e te d ................. 64,469 * 19,320 371,000 in terior stocks in e x c e ss...___ _ *19,135 74,614 Came in to sight dnrlng week. 46,493 9,796,180 9,613,284 T otal In sight May 28...— ... Vorth’n spinners tak'ga to May 23 20,438 1,976,504 20,242 1,778,144 M ovem ent in to sig h t in previous years. W eek— 1900-M ay 1899-M ay 1898-M ay 1897-M ay 25................... 26................... 27............... 2 8 ............ . B a les. 54,745 69,840 52,723 29,642 S in ce S ep t. 1— B a les. 1899-00—May 25.......... 8,619,863 1898-99-May 26.......10,659,141 1897-98—May 27.......... 10,615,906 1896-97—May 28......... 8,181,371 Ma t — Range__ 8‘90®’00 — a) — 8-92®-95 — -a — 9*I5®*21 — ® 9'2 L Closing... Nominal. 8-92@-94 8-94®-96 9*20 *28 9* ® 10 9* ® — 14 J uly— Range__ 9 00@-20 8-95®-09 8-98-a-lO 9* 14^*37 9* ® *38 9* 23 24®*34 Closing... 902'®‘03 9-Oo'S>06 9-09'a>'i0 9* -a-35 9* 34 23®*24 9* ® * 9 28 2 AUGUST— Range__ 8‘ 52'®*63 8-48®‘59 s-si-auea 8* 67^*81 8* 67®*33 8* 65®*77 Closing,. 8"52@5a 8'55'3>5(i 8-61®-63 8* < 80 8* ®*6* 8* ‘ 79 ® 67 68®*70 O c to b er — Range... 7-75@-82 7‘ 72®’82 7’ 75'®-84 7*85*90 7* 80®-90 7* 77®*82 Closing... 7-76®-78 7-79® '8o J*83®-84 7* @8fc 7* ®-8 l 7* ®*S0 88 * 78 80 T o ne— Spots...... Dull. Quiet. Steady. F irm . Steady. Quiet. Options... B r’ly st’y Quiet. Quiet. Steady. Steady. Steady. W eather R eports b y T eleg r a ph —T elegrap hic advices to n s th is even in g from th e South in dicate th a t th e w eather has in general b een fav o ra b le d uring th e w eek. R ain has fallen in m ost d istricts and on the w h o le the p recip itation has been m oderate. A t som e p o in ts in M ississippi and th e S ou th w est dry w eather has prevailed. Galveston , Texas.—There has been b u t a trace of rain d u r in g th e w eek. T he therm om eter has ranged from 74 to 82, averagin g 78, Abilene, Texas.—W e have had rain on four days of th e past w eek, the ra in fa ll being tw o in ch es and eig h ty -eig h t hun dredths, A verage therm om eter 74, h ig h est 88, lo w est 60. Brenham , Texas ,—W e h ave had rain on one day of th e past w eek, to the ex ten t of tw e lv e hundredths of an inch. The therm om eter has averaged 83, the h ig h est being 99 and th e lo w est 66. Corpus Christi, Texas.—There has been no rain th e past w eek. The therm om eter has averaged 81, ran gin g from 76: to 86. Dallas, T exa s—W e h ave had h ea v y rain on one day d ur in g the w eek, th e ra in fall reach in g one in ch and fifty -tw o hundredths. The therm om eter has ranged from 60 to 92, averagin g 76. Henrietta. Texas.—W e h ave had rain on three days o f th e past w eek, the rainfall being eig h tv -fiv e hundredths o f an inch. A verage therm om eter 75, h igh est 93, lo w est 57. Huntsville , Texas.—W e h ave had h eavy rain on one day o f the past w eek, to the ex ten t o f n inety-tw o hundredths o f an inch. The therm om eter has averaged 77, the h ig h est b ein g 90 and the lo w est 63. Kerrville, Texas.— There has been rain on four days d uring th e w eek, th e p recip itation reach in g one inch and n in ety-five hundredths. T h e therm om eter has averaged S2, ran gin g from 69 to 92. Lampasas, Texas.—It has rained on three days o f the w eek, th e p recip itation reach in g one in ch and eig h ty -eig h t hundredths. The therm om eter has ranged from 60 to 92, averagin g 76. Longview, Texas.—W e h a v e had show ers on tw o d ays of th e past w eek, the ra in fall b ein g fifty -eig h t hundredths of an inch. A verage therm om eter 79, h ig h est 94, lo w est 68. Luling, Texas.— There have been sh ow ers on three days of th e w eek, the precipitation b ein g eig h ty -six hundredths of an in ch . T he therm om eter has averaged 80, th e h ig h est b ein g 91 and the lo w est 68. Palestine, Texas.— There h as been rain on one day of the w eek. The precipitation reached fo rty -tw o hundredths of an inch, The therm om eter has averaged 74, ran gin g from 60 to 88. Paris, Texas.— There has been rain on tw o days of th e past w eek, and th e rainfall has been on e in ch and tw enty-five hundredths. T he therm om eter has ranged from 60 to 91, averagin g 76. Cuero, Texas.— There has been no rain the past w eek. A verage therm om eter 82, h ig h est 95, lo w est 68. San Antonio, Texas .— W e h ave had rain on three days dur in g the w eek, the precipitation being six ty hundredths oi'.an THE May 24. 1902. inch. The thermometer has averaged 76, the highest being ■94 and the lowest 58. W e a th e rfo rd , T e x a s.— W e have had heavy rain on one day during the week, the rainfall reaching one inch and fifty nine hundredths. The thermometer has averaged 74, ranging from 58 to 91. S h re v e p o rt, L o u is ia n a . — We have had rain on tw o days of the week, the precipitation being one inch and nineteen hun dredths. The thermometer has ranged from 01 to 92, averag in g 76. N ew O rlean s, L o u is ia n a —We have had rain on four days of the week, the rainfall aggregating fifty six hundredths of an inch. Average thermometer 80. C o lu m bu s, M is s is s ip p i. —We have had ho rain during the week. The thermometer has averaged 79, the highest being 88 and the lowest 70. V icksbu rg, M is s is s ip p i. —There has been rain on one day of the week, the rainfall reaching one inch and seventy hun dredths. The thermometer has ranged from 04 to 98, averaging 80. M e r id ia n , M is s is s ip p i. —It has rained on one day of the week, and the temperature has ranged from 66 to 90. Crop con ditions continue excellent. L itt le R ock, A r k a n s a s .— Crops of all kinds are fine. It has rained on one day of the week, the rainfall reaching tw entyfive hundredths of an inch. The thermometer has averaged 78, the highest being 92 and the lowest 63. H elen a, A r k a n s a s . —W e have had heavy local rain on two days during the week, to the extent of one inch and twentyfour hundredths. Crops are in good condition. The ther mometer has averaged 78, ranging from 65 to 92. M em ph is, T ennessee.— Crop reports are good and cultiva tion is being actively prosecuted. We have had ligh t rain on tw o days during the week, the precipitation reaching four teen hundredths of an inch. The rainfall was heavier in the immediate neighborhood. The thermometer has ranged^from 84 to 93, averaging 78’2. M obile, A la b a m a .— The weather is warm and crop condi tion quite satisfactory. Rain has fallen on four nights of the week, to the extent of tw o inches and eighteen hundredths. The thermometer has averaged 75, the highest being 95 and the lowest 68. M o n tg o m e ry, A la b a m a . —The weather has been splendid and crops generally are doing very well. The week’s rainfall has been one inch and twenty-one hundredths, on three days. The thermometer has averaged 81 and ranged from 67 to 95. S elm a , A la b a m a .— The crop outlook is good. W e have had rain on tw o days during the week, the rainfall reaching fiftyfive hundredths of an inch. The thermometer has ranged from 62 to 94, averaging 78. M a d iso n , F lo r id a .— W e have had rain on three days of the past week, the rainfall being eighty-five hundredths of a n inch. Average thermometer 82, highest 100, lowest 66. A u g u s ta , G e o rg ia . —Chopping is nearly done. Prospects are favorable. W e have had rain on four days of the past week, to the extent of tw enty hundredths of an inch. The ther mometer has averaged 76, the highest being 95 and the low est 60. S a v a n n a h , G e o rg ia . —There has been rain on three days during the week, to the extent of seventy-nine hundredths of an inch. The thermometer has averaged 78, ranging from 66 to 94. S ta te b u rg , S o u th C a ro lin a . —Conditions continue favorable. Stands are generally good and growth vigorous, requiring steady work. W e have had light rain on four days of the past week, the rainfall being thirty-four hundredths of an inch. Average thermometer 738, highest 93, lowest 57. G reen w ood, S o u th C a r o lin a . —W e have had rain on two days during the week, the rainfall reaching thirty-tw o h un dredths of an inch. The thermometer has averaged 73, ranging from 64 to 82. C h a rlo tte , N o r th C a r o lin a . —The weather has been all that could be desired, and farmers report fine stands. The week’s rainfall has been fifty-eight hundredths of an inch, and the thermometer has ranged from 52 to 90, averaging 71. The following statement we have also received by telegraph, showing the height of the rivers at the points named, at 8 o’clock May 22, 1902, and May 23, 1901. M a y 2 2 , ’02. M a y 23, ’01. New Orleans— ..........Above zero of gauge. Memphis............. N ashville............ .........Above zero of gauge. Shreveport.......... Vicksburg........... F eet. F eet. 7-5 9-3 4-8 70 172 131 123 15 3 141 32-7 Qua C otton A c rea g e R e p o r t .— Our cotton acreage report w ill probably be ready about the 6th of June. Parties desiring the circular in quantities, w ith their business card printed thereon, should send in their orders as soon as possible, to ensure early delivery. I n d ia C o tton M o v e m e n t p b o m a l l P o r t s .— The receipts of cotton at Bom bay and th e shipm ents from all India ports for the wook ending May 22, and for th e season from Sept, 1 to May 22 for three years have been as follow s: 1901-02. k ec tip U a t Week. Bombay.......... k in e e k e p t. 1. 1900 01. W eek. H inee k e p t. 1. 1899 1900. W eek. 29,000 1.952.000 54,000 1,618,000 11,000 1099 C H R O N IC L E . k in e e k e p t. 1. 849,000 k in e e S e p tem b e r 1. F at th e W eek. M u porti tr a m — Bombay— 1901-02.. 1900 0 1 .. 1899 0 0 .. Calcutta— 1901-02.. 1900-01.. 1899-00.. Madras— 1901-02 . 1900-01.. 1899-00.. ill others— 1 9 0 1 0 2 .. 1900-01.. 1899 0 0 .. Total all— 1901 0 2 .. 1900-01.. 1899-00.. G reat B r i t a in . C o n ti n e n t. T o ta l. 2,000 1,000 25,000 3,000 7,000 27,000 4,000 7,000 7,000 64,000 3,000 406,000 463,000 72,000 413,000 827,000 75,000 1,000 2,000 4,000 1,000 2,000 4,000 3,000 3,000 1,000 24,000 27,000 19,000 27.000 30,000 20,000 1,000 1,000 1,000 7,000 2,000 5,000 12,000 7,000 6,000 19,000 8,000 1,000 2,000 2,000 1,000 2,000 2,000 1,000 8,000 1,000 54,000 72,000 40,000 55,000 80,000 41,000 27,000 7,000 14,000 29,000 8,000 14,000 12,000 82,000 7,000 489,000 574,000 138,000 501,000 656,000 145,000 and S h ip m e n t s op 2,000 1,000 A l e x a n d r ia R e c e i p t s A le x a n d r ia . E g y p t, M a y 21. G rea t B r i t a in . C o n ti n e n t. T o ta l. Co tto n . — 1901-02. 1899-1900. 4,000 6,468,000 aeoelpts (oantars*). . . This w eek................. Since Sept. 1 ............ 1900-01. 45,000 5,224,000 4,000 6,413,000 T h ie w eek . exports (bales)— To L iverpool..—. . . . To Continent t . . . . . . k in e e k e p t. 1. 4.000 303.000 8.000 451.000 TM t w eek . k in e e S e p t. 1. 5.000 290.000 8.000 261.000 T h ie w e ek . S in c e S e p t. 1. 2,000 877.000 4,000 873.000 Total E u rop e....... 12,000 754,000 13,000 551,000 6,000 750,000 * A oa n ta rls 93 pounds, t Of which to A m erica In 1901-02,96,016 bales; in 1900-01, 41,326 bales; in 1899-00, 67,359 b a les. M a n c h e s t e r M a r k e t . — Our report received by cable to-night from M anchester states th a t the m arket is quiet for both yarns and shirtings, on account of the holidays. W e give the prices for to-day below and leave those for previous weeks of this and last year for comparison. 1902 1901. BH lbs. S h ir t O ott’n 32s Cop. in g s , com m on M id . T w ist. to fin e s t. XTplds d. d. s. d. A p .1 8 7*a ®83i8 •• 25 71110® 83s M ay 2 7*8 ©81s “ 9 7 \ ® 8ia “ 18 7i lie® 8*10 5 5 5 5 5 “ 23 7Hi8®8*i6 5 5 8 7 6 5 5 0. dL ®8 0 ®8 «8 08 ©8 2 m 1 1 82* C op. in g s, com m on M id. T w ist. d. d. <L 5332 7% ®8*s 7 U 16®8% 514 7 1* ®8*s 7^10 0838 « S 7H 0880 SJ-e 7i« n>8h ®8 lis 5H 81* lbs. S h ir t O ott’n to fin e st. s. 5 5 5 5 5 5 d. 3 3 2 1 1 1 s. d. 0 7 11 0 7 11 ® 7 1 0 ig 07 9 07 9 07 9 TTplds d. 4*8 *» 2 a s, 41133 41133 G o v e rn m en t W e e k l y C otton R e p o r t . —Mr. James Berry, Chief of the Climate and Crop Division of the U. S. Weather Bureau, made public on Tuesday the following telegraphic reports on the crop in the Southern States for the week ending May 19. N o r t h Ca rolina ..—Refreshing rains this week, but more required in oentral-east portion; considerable damage to crops by hail in sev eral counties on 13th; cool nights checked growth somewhat; late cotton not up to good stands, some replanting necessary. S o u t h Ca r o l in a .—R a in fa ll u n e v e n ly d istrib u te d ; d e s tru c tiv e h a il in th r e e cou n ties; o u t w o rm s iD jured s ta n d s of co tto n ; fields g e n e ra lly w ell c u ltiv a te d ; c o tto n h a s good sta n d s. Sea Is la n d in good c o n d itio n . G e o r g ia .—Copious show ers o c c u rre d o v e r la rg e r p o rtio n of S ta te ; m o istu re now re q u ire d in b u t fe w counties; c ro p s g e n e ra lly in e x ce l le n t co n d itio n ; c o tto n ch o p p in g b eg u n in n o rth , w ell a d v a n c e d in m iddle sectio n a n d p ra c tic a lly c o m p le te d in so u th , p la n ts th iif ty , sta n d s good, la te p la n tin g s com ing u p well. F l o r id a .—Sh o w ers to h e a v y r a in s q u ite g e n e ra l o v e r w e s te rn a n d p o rtio n s of n o rth e rn d istric ts; less sa tis fa c to ry elsew here; a lth o u g h m u ch re lief fro m w id e r d is trib u te d sh o w e rs; good p ro g re s s w ith w o rk in g co tto n ; som e c o tto n fru itin g . A labam a .—D ro u g h t b ro k e n b y g e n e ra lly copious ra in s, th o u g h m o re n eed ed in n o rth ; e a rly c o tto n cle an , h e a lth y , a n d w ell c u ltiv a te d ; la te c o tto n oom ing u p nicely. M is s is s ip p i .—W a rm w eek; lig h t sh o w ers in n o rth , good ra in s e lse w here; a ll orops m u ch im proved; e a rly o o tto n d o in g w ell, o h o p p in g in full p ro g re ss, la te -p la n te d g e n era lly oom ing u p to good sta n d s. L o u is ia n a . —W ea th e r g e n e ra lly fa v o ra b le fo r c u ltiv a tio n a n d g ro w th ; e a rly c o tto n good sta n d * a n d g e n e ra lly in good s t a te of c u ltiv a tio n , b u t In a few lo ca lities fields a re fo u l fro m too m uoh ra in ; la te -p la n te d o o tto n oom ing u p to good sta n d s, e x c e p t o v e r a le w n o r th e r n p a ris h e s , w h ere ra in Is need ed to g e rm in ate . T e x a s .—W a rm a n d fa v o ra b le fo r ra p id p la n t g ro w th , w ith h e a v y ra in fa ll o v e r c e n tra l a n d n o rth e rn sectio n s a n d m o d e ra te ra in fa ll elsew here; o o tto n m ak in g ra p id a d v an c e m e n t, a n d o v e r so u th p o rtio n is fo rm in g sq u a res; fields g e n e ra lly c le a n a n d m uoh of c ro p ohopped to s ta n d s ; boll w e ev il b e g in n in g to in fe s t o o tto n in so u th c e n tra l p o rtio n . A r k a n sa s .—H ig h e r te m p e ra tu re s a n d g e n e ra lly good ra in s , w ell d istrib u te d ; c o tto n good s ta n d , g e n era lly clean , h e a lth y a n d v igorous. T e n n e s s e e .—Local show ers, h e a v y in se c tio n s, b u t m o stly lig h t a n d beneflolal; In fa v o re d se c tio n s orops a re m a k in g good g row th; good s ta n d s of e a rly o o tto n b e in g c u ltiv a te d . O k la h o m a a nd I n d ia n T e r r it o r ie s .—Co n d itio n s fa v o ra b le fo r fa rm w ork; orops w e ll c u ltiv a te d ; o o tto n b ein g ohopped, w ith fine sta n d s. These report3 are follows: summarized by the Department as The ootton crop la In promising condition generally throughout the cotton belt Good stands of early cotton and satisfactory g e rm i nation of the late planted are Indicated, except in portions of the Oarolinas and Louisiana, with clean fields and healthy growth In praotloally all sections. In Southern Texas the crop has made rapid advancement and squares are forming. N e w Y ork C otton E x c h a n g e N om in ation s .—T he follow ing selections to be voted for at the annual election on June 2 have been announced by Mr. Henry Hentz, Chairman of the Nominating Committee: President, J. Temple Gwathmey; IHK CHRONICLE 1100 Vice-President, Hubert P. McDougall; Treasurer, George Hrennecbe. Board of Managers; George W. Baily, E. A. Factairi, E. M. Weld, H. Hagedorn, J. F, McFadden, David H. Miller, M. J. Parrott, James F. Maury, W illiam Ray, Albert L. Rountree, Richard A. Bpriuga, Frederick Van Riper, Frank B. Guest and Henry H. Wheeler. Trustees of Gratuity Fund, to serve three years, A. G. Munn Jr., J. F. Black and H. H. Royoe. S h i p p in g n k w s . - A s show n on a p r e v io u s p a g e , th e • x p o rta of cotton from the U nited S ta te s the past week have re a c h e d 19,2(11 Dales. The sh ip m en ts in d eta il, as m ade up fro m m all and celegraphlo retu rn s, are as follow s: [VOL. L X X IV , The prices of futures at Liverpool for eaoh day are g iv e n below, Prioes are on the basis of U plands, Good Ordinary clause, unless otherw ise sta ted . 13r The p r ic e * a r e g iv e n i n p e n c e a n d 64 th e . T hu* . 4 63 m ea n * 4 63 044.. a n d 5 01 m e a n * 5 1-644. S a t. ITlOii. T u e i, W ed. T h n ri. F rl M a y 17. M ay 10 M ay 20 M a y 21. M a y 22. M ay 2 1 2 k 4 12 k 4 12i* 4 P.M. P.M. P.M. P.M. P.M. P.M. May-----.... T otal bale*. May-June... Juue-July... N iw Yuan To Liverpool, per steam ers Cevlo, 323__ Saxouta, 3CO........................................................................................ 623 July-A ug... Aug.-Bept... To Havre, per steamers Albano, 7 2 7 .... La Bretagne (addi 8ept.-Oot... tional), 200— La Champagne, 435 upland and 152 Sea Island__ La Lorraine, 200...................................................... 1,714 OoV.Nov__ To Bremen, per steamer Bremen, 3,044.............................. 3,044 Nov.-Deo. . To Hamburg per steam er Waldersee, 958................................. 958 Deo.-Jan__ Jan.-Feb__ To Antwerp, per steamers 8t. Nicholas, 6 0 0 ....Vaderland, 4 0 0 .......................................................... 1,000 Feb.-Moh. To Wasa, per steamer Oscar II., 400....................................... 400 Moh.-April.. 1 4. 4 55 '4 55 4 55 4 64 4 49 4 34 4 27 4 25 4 24 4 23 _ C o. fiP V d W £ ft S 4. 4 63 4 53 4 53 4 52 4 47 1 33 4 25 4 28 4 22 4 22 4. 4. 4 68 4 59 4 57 4 58 4 57 4 6 8 4 60 4 67 4 SO 4 51 4 35 4 30 4 27 4 28 4 25 4 26 4 24 4 25 4 23 4 24 4 4 4 4 4. 63 02 61 60 4 55 4 39 i;o 4 28 4 27 4 20 4. 62 01 60 59 53 4 38 4 29 4 27 4 26 4 25 4 4 4 4 4 a • • a to 9 a ■ To Genoa, per steamers A ttivlta (additional), 100....... Trave. 765................................................................................. 865 J ute B utts , B agging , &c .—There has been practically no To Naples, per steamer Trave, 426 ....................................... 426 bnainess in jute bagging during the week under review and Niiw Orleans- T o Liverpool—May 17— Steamers Antillian, prices are unchanged at 5%c. for 1% lb?, and 5%c. for 2 lbs., 4,500; Barrister, 4,351....M ay 19-Steam er Explorer, 2,223............................................................ 11,074 standard grades. Car lots of standard brands are quoted at To Hull—May 19— Steamer Mohawk, 4,300........................... 4,300 6f£@6e. f. o. b., according to quality. Jute butts dull and To Brem en-M ay 20—Steamer York, 4,165............. . ............ 4,165 nominal at for paper quality and for To H am burg-M ay 20— Steamer Hoerde, 2,750.................... 2,750 To R otterdam -M ay 20—Steamers Dimraven, 100............... 100 bagging quality. GALVESTON— Bremen— To May 16— Steamer Orefeld, 6,420...... 5,420 Savannah— Liverpool—May 16— To Steamer Sardlnero, 7 62... 762 To M anchester-M ay 16— Steamer Sardlnero, 1,308 upland BREADSTUFFS. and 100 Sea Island....................... 1,408 F b id a y , May 23, 1902, To Bremen May 17— Steamer Nyassa, 6,797......................... 6,797 Boston— To Liverpool-M ay 15— Steamer Ottoman, 86....... A slightly easier market has been experienced the past May 20—Steamer Commonwealth, 95.................................. 181 Baltimore—To Brem en-M av 21— Str. Brandenburg, 2,774 2,774 week for spring-wheat flour, but winter-wheat flours have San F rancisco— o Jap an — T May 17— Steamer Peru, 300.......... 300 held steady, and low grades, which have been in sm all sup ply, have been firm. The volume of business transacted has reached only very moderate proportions. There have been The particulars of the fo re g o in g sh ipm en ts, a rra n g e d in no developments of a character to stim ulate buyers, and they our usual form , are as fo llo w s. have continued to operate on a hand-to-mouth basis. Rye a r e a l F r e n c h O er- . - O t h .B ’ro p e -^ M e x i c o , B r i t ’n . p o r t s . m a n y , / f o r t h . S o u th . A c. J a p a n . Total. flour has been quiet but steady at unchanged prices, Corn N ew Y o r k . 6 2 3 1 ,7 1 4 4 ,0 0 2 1 ,4 0 0 1 ,2 9 1 ........................................ 9 ,0 3 0 meal has been quiet and without changes. N. O r le a n s 1 5 ,3 7 4 .......... 6 ,9 1 5 1 0 0 ............................................. 2 2 ,3 8 9 Speculation in wheat for future delivery has been on a very G a lv e s to n . .......... 5 ,4 2 0 ............................................ 5 ,4 2 0 moderate scale only, The fluctuations in prices have aecordS a v a n n a h . 2 ,1 7 0 .......... 6 ,7 9 7 ............................................ 8 ,9 6 7 N’p ’t N e w s .......... 200 ............................................ 2 0 0 ly been within a narrow range, and the tendency has been B o s t o n ___ 1 8 1 ....................................................................................... 1 8 1 towards a slightly lower basis. The principal factor has been B a lt im o r e ................................ 2 ,7 7 4 ............................................ 2 .7 7 4 the crop news. Early in the week there were complaints S a n F r a n ................................................................................................ 300 300 from the Northwest of excessive moisture, retarding the T otal.™ 1 8 ,3 4 8 1 ,7 1 4 2 6 ,1 0 8 1 ,5 0 0 1 ,2 9 1 .......... 3 0 0 4 9 ,2 6 1 planting of the spring-wheat crop. Subsequently, however, Exports to Japan since Sept. 1 have been 147,335 bales from weather conditions became generally favorable in both the spring and winter-wheat belts, which prompted some the Pacific Coast and 800 bales from N e w Y o rk . and under which prices weakened Cotton freights at New York the oast week have bee : speculative selling favorable crop news were bullish statis slightly. Against the tical developments, the visible supply statement showing S a tu r . T u e t. W edne*. T h u rs. M on . F ri. a large decrease. The crop movement in the Northwest was reported as light, and this, coupled with the fact that ex 10 10 10 Liverpool....... . . . c . 9@10 10 10 13J* Manchester.........c. 13i* 13i* 13i* 131s 13i* porters came into the spot market as fairly free buyers, had a steadying it fluence, and held the downward tendency to 18 18 18 H avre................... e. 18 18 18 prices in check. To-day there was an easier market under 16 16 16 16 16 Bremen................e. 16 favorable crop news and a falling off in the export demand. 15 15 15 15 15 15 Hamburg............ e. Total..........................................- ................................................ 49,261 19 19 19 19 19 G hent................... e. 19 13 A ntw erp.............. e. 13 13 13 13 13 25 25 25 Beval, via HulL.e. 25 25 25 30 B eval, via Oanal.c. 30 SO 30 SO 30 27 Barcelona, J’ne 2.e. 27 27 27 27 27 Genoa................... c. 1 0 -12k 10-121* 10-121* 10-121* 10-121* 10-121* 26 Trieste..................c. S6 26 26 26 26 Japan (via 8uez).e. 55 55 55 55 85 55 Quotations are cents per 100 lbs. B A IL Y 0 L O 8 IN G P R IC E S O P N O . M a y 2, M a y 9. M a y 16. M a y 23 55.000 SaleB of the w eek..........hales. 47.000 36.000 21,000 3,900 2,600 Ol w hlohexporters to o k ... 2,500 6,600 300 Of whloh speculators took. 1,000 200 400 Sales American___ . . . . . . . . . . 44.000 42.000 20,000 34.000 4,000 3,000 7,000 8,000 Actual export........................... 67.000 47.000 73.000 Forwarded............................. 53.000 Total stook—E stim ated ..._ 1,062,000 1,032,000 1,013,000 1,000,000 _ Of whloh American—E st’d. 933.000 909,000 894.000 887,000 37.000 Total Import of the w e e k ..... 44.000 43.000 52.000 Of which American.......... 30.000 30.000 33.000 29.000 95.000 100.000 90.000 Amount afloat............... .......... 106.000 76.000 85.000 Of which American.............. 85.000 82.000 R E D W IN T E R W H E A T IN S a t’d a y . M onday 1 .| 1 * : M ld .C p T d S . ; Market, 12:30 P. M Bales........... Spec. A exp. fu tu r e * . Market ^ opened, j Market, 4 P . M, ) j B © £ p. » •e • | • ■ 5 ! T u e s d a y . W ed’d a y . T h u r sd ’y Quiet. Moderate M oderate demand. demand. 1 5*3* 5 !sa B 6,000 50C 8.000 2,000 © 5*8 7.000 1,000 P* 9 < < c a ■ • Steady ai Steady a l partially 1 64 tq, 8.64 1-64 dec. advance. Easy at Steady at pits. 1*4- 2% ptf. docllne. advance. Firm at 8-64 4-64 ad ranee. Quiet at 1(4>3 p ta advance. F r id a y » • H o t2 e* ■ i • a a Wed. T k u r t. F ri. 92% 92% £0% 80% 92 80 80 78% 79% 91k 79% 79 k 77% 79% 8C5s 8i% 80% 78% 79k 80 80% S P R IN G W H E A T IN 78k 80 2 M on. 74% 74% 73k 743a Tue*. 74% 74% 73% 75 C H IC A G O . Wed. 74% 74k 73k 74% Sat. 74k 7 ik 73 k 74 k T hur*. 73% 74 73 74% F ri. 73k 73% 72k 73% Indian corn futures have been quiet. The market for this crop deliveries has been firmer, and for the near-by months prices have made a fractional advance. The feature has been the receipt of advices from interior points report ing small available stocks and light receipts ; this has stim u lated some buying by a scattered short interest to cover their outstanding contracts. Despite the steadiness shown by the near-by deliveries, new-crop months have been slightly easier. Weather oonditions have been reported favorable for the crop, and this has had a weakening influence. Business in the spot markets at the seaboard has been quiet, there being no export demand. To-day there was a slightiy easier market under profit-taking sales. The spot market was quiet. May delivery In elev....... July delivery in elev....... Sept, delivery In elev_ _ Dec. delivery In elev....... 2 MIXED CORN IN N E W 67 k 66% 65 52 DAILY CLOSING PRICES OP NO. a a a ■ Tue*. 925s 806s 9 2 i* 8 0 i* 8 0 i* 78^8 7 9 1* D A IL Y CLO SIN G PRICES O F N O. The tone of th e Liverpool m arket for spots and futures D A IL Y CLO SIN G P R IC E S O P N O . eaoh day of the w eek ending May 23 and the daily closing S al. prloesof spot ootton, have been as follo w s. Cash corn f. o. b............. 69% S p o t. NEW Y O RK . M on. Cash wheat f. o . b............ May delivery In elev....... July delivery In elev....... Sept.delivery In e le v .... Deo. delivery in elev....... May delivery In elev....... July delivery in ele v ...... S ep t delivery in e le v .... L iverpool.—By cable from Liverpool w e have the follow Deo. delivery In elev....... ing statem ent of the week’s cables, stocks, &c., at that port. 2 Sat. May delivery In elev....... July delivery In e le v ..... Sept, delivery In elev _ _ Deo. delivery In elev....... Sat. 60 k 61% 59% 46k M on . 69k 68k 66k 64% 5 lk 2 Tue*. 70 69k 67 65% 51k T h u rs. Fri. 70 k 70 67 k 65% 51% 70 k 70 67 k 65% 51% 70 70% 67 65 51 k M IXED CORN IN Mon. 60% 61k 59k 46k Tue*. 61 62 60% 40k YORK. Wed. C H IfA O O . Wed. Thur*. F ri. 61% 62 k 60 k 46 k 6 ik •2 00% 46 k 61k 61 % 59 % 46 Oats for future delivery at the Western market have been moderately active and firmer. Reports have been current that the large outstanding short interest in May contracts is quietly settlin g at about present prices. The weather has been reported favorable for the growing crop, bu: as shorts have been buyers of the new-crop deliveries to cover oou- THE CHRONICLE May 24, 1902.J tracts, prices have im proved slig h tly . The local spot m arket generally cl6t.n. Staple lin es in cheviots, clays, serges, etc., has been m oderately active and firmer for m ixed oats. To are, as a rule, w ell sold and steady In price. Fancies are quiet w ith m edium grade woolen goods w ell sold. The dem and for day the m arket w as steady. overcoatings and cloakings has been indifferent. W oolen DAILY CLOSING PRICES OP OATS IN N E W Y O R K . and w orsted dress goods are q u iet but steady for staples; W ed. T K u r t. F rl T u e i. M on . S a l. 46 46 464 4 6 4 fancies irregular. F lan n els and blankets are w ith ou t new 46 NO. S 45ki 51 51 61 61 51 Mo. 2 516 j feature. OE NO. 2 MIXED OATS IN C H IC A G O .n D o m e s t ic C o t t o n G o o d s . — T h e e x p o r t s o f cotton goods W ed. TK u r t. F r i . from th is p ort fo r th e w eek en d in g May 19 w ere 2,32o T u es. M on . S a l. 42 42 434 43 4 4211 May delivery In elev_ _ 43 3 7 4 packages, v a lu ed a t $158,774, th e ir d e stin a tio n being to the 3678 874 374 368a Ju ly delivery In elev_ _ 36k> 3 0 4 points sp eoifled in t h e ta b le s b e lo w : 30®a 304 304 304 Sept, delivery In elev_ _ 3O 9 B Deo. delivery In elev_ _ 31 8078 3 1 :1 8 31 314 314 F ollow in g are th e closing quotations: ELODB. P aten t, w in te r— $3 90 ©4 15 Fine.. ....... $ .... © __ City mills, p aten t. 4 10 ©4 65 © .... S u p erfine,. . . . . . . Bye flour,superfine 3 00 ©3 65 E x tra, No. 2 ,. . . . . 3 10 ®3 15 _ Buckw heat flour............. « _ E x tra, No, J, 3 10 ©3 35 Corn m eal— S 30 ©3 65 C lears.. W estern, eto ___ 8 30 ®3 35 8 to n ig h ts.....a . . . . 3 70 ©4, 00 B randyw ine . . . . 3 40 P aten t, s p__ o___ _ 95 ©4 75 rin g ,... 3 (W heatflouS in eaoka sells a t p rices below those fo r barrels.) GBAIN. Com, per bush.— o. c. o. o. W heat, per b ush,— W estern m ixed............ 68 ® 7 0 4 H ard M a n .,N j.l.. f. o. b.86 No. 2 m ix e d ....f. o. b .6 8 4 ® 7 0 4 N’th ern Dul., N o.l f. o. b.82 No. 2 yellow .........f. o. b .6 9 4 ® 7 l Red w inter, No. 2 f. o. b.9 1 4 No. 2 w hite........... f. o. b .6 8 \® 7 0 i« f.o. b.834 H ard N. Y. No. 2. Bye, per bush— Oats—Mix'd, p. bush. 46 ©48 W estern _ _________ 595a® 65 ^ _ W h ite ..................... 49 ©55 S tate and J e rse y ........ 61 ©62 No. 2 m ixed........... 4 6 4 ©471* B arley—W estern............68 ©79 No. 2 w h ite ........ 504® 52 F eeding........... .......... .Nominal, G o v e r n m e n t W e e k l y G r a in R e p o r t .— Mr, Jam es Berry, C hief of the C lim ate and Crop D ivision of the U . S. W eather Bureau, m ade public on Tuesday th e telegrap h ic reports on the grain crops in th e various States for th e w eek ending May 19 as follow s: W ea th er .—The drought conditions prevailing a t the olose of th e previous week In the South A tlantic and E ast Gulf States h av e been largely relieved, except In Southern F lorida, b u t the continued dry w eather In the Ohio V alley and Middle A tlantic States, w ith low tem peratures during the first half of th e week over th e n o rth ern portion of the Middle A tlantic States and In New England, have proved unfavorable, while the D akotas, M innesota an d portions of Iow a have suffered from excessive m oisture. F rosts, m ore or less destructive, w ere quite general in the Lake region, upper Ohio Valley and in the n o rth ern portions of the Middle A tlantic S tates and New England. The tem perature conditions In the Lower Ohio, M ississippi and Missouri valleys and throughout th e E astern Rocky M ountain slope were highly favorable, b u t on the N orth Pacific Coast and in the Middle P late au districts the week was m uch too cool. Corn .—Corn planting has m ade favorable progress in th e C entral valleys, exoeDt in Iow a, w here It has been delayed by rains, and Is n earing com pletion in Southern N ebraska and Illinois. The earlyplanted is growing vigorously in Oklahoma, K ansas, Missouri and N ebraska, and is in fine condition in Texas, w here a considerable portion of the crop is made. C at worm s are causing considerable dam age in N orthern Missouri and in the U pper Ohio V alley,and while good stands are reported in the Middle A tlantic S tates, low tem p era tu re s have been unfavorable. Win ter Whea t .— Winter w heat has experienced no m aterial Im provem ent In the States of the Ohio Valley, deterioration being reported In some districts and a slight advance in others. In Missouri th e crop continues in exceptionally prom ising condition, although some lodging is reported, and fu rth er im provem ent in N ebraska and A rkansas and more favorable conditions in N orthern K ansas are indicated. The crop has m ade vigorous grow th in Oklahom a, and harvesting, with light yields, is In progress in Texas. On th e Pacific Coast w inter w heat has m ade favorable advancem ent and is ripening in San Joaquin Valley. Sp r in g W heat . - U nder exceptionally favorable tem p eratu re con ditions, germ ination of spring w heat has been rapid, and over the southern portion of the spring-w heat region th e early-sown is m aking vigorous grow th; bu t continued w etw eath er stilld e lay sseed in g o n lo w land In the Red R iver Valley. Oats .—The oats crop is much in need of rain In the Ohio Valley, and th e reports from the Gulf S tates are generally unfavorable. In th e Middle A tlantic S tates and th e M issouri Valley the general outlook Is satisfactory. W F # r o th e r ta b le s u s u a lly g iv e n h e r e s e e s a g e 1 0 7 0 . N ew Y o r k to DRY GOODS TRADE. N e w Y o r k , F r id a y , P. M ,, M ay 23,1902. General conditions in the dry goods m arket have not un dergone any m aterial change during the w eek, the actions of both buyers and sellers being regulated by their respective positions, b eiog unaffected by outside influences. There is ap parently no necessity for th e form er to depart from their conservative position nor on the part of th e latter to force m atters. D ay to day business is therefore of a featureless character. There i3 continued scarcity of m erchandise in a num ber of departm ents, and in such instances prices are firm ly m aintained. In a few cases th ere are more or less goods on hand, and in these price irregu larities are n o ticeable. T t e lattor are seen chiefly in balances of season able fan cies w h ich sellers are cleaning up. L ast w eek ’s decline in print cloth s has n ot stim u lated b uying nor has it had any effect upon th e prices of allied fabrics. The im pression prevails that an expansion of buying w ill be seen n ext m onth, and m ore favorable crop reports encourage this view . T he local job b in g trade is quiet, but som e out-oftow n d istributing centers report an im proving tendency in business. W oolen G oods .—T he A m erican W oolen Company is evi dently increasing its production as its d eliveries have been m ore liberal th is w eek than of late. T his has had some effect upon the dem and from clothiers, w ho have recently been in the m arket for su b stitu tes to m ake good th e com pany’s short com ings. Tin re seem s to be an im pression that the strike is nearing an end and th at the m arket m ay soon be m uch m ore liberally supplied with goods than it is a t present. This keeps b u yers con seivative. The present condition of th e m arket is 1901. W eek. S i n c e J a n . 1. W eek. S in c e J a n . 1. G roat B r ita in ........................ . 87 O ther E n ro p e a n ................. . 4 C h in a............................. ......... ......... I n d ia ................ .... .......... 97 50 A rabia.................................. . A lrlo a................................. 5 522 Went I n d ie s .......................... . 69 M exico---------------------- 178 C en tral A m erica................... 854 S outh A m e ric a .................... 459 O th er C o u n trie s ....... ............. 1,068 592 58,016 8,336 8,235 4,269 9,942 1,030 3,138 18,7 72 5,450 168 69 70 65 3,454 260 374 20 53 958 75 1,948 819 17,083 1,144 16,803 3,736 9,229 803 4,065 25,844 2,502 2,325 113,854 5,566 83,976 T o ta l.............. ........... .. .. . The v a lu e o f th e N e w Y ork e x p o r ts since Jan. 1 to date has been $5,226,203 in 1902, a g a in st $3,975,198 in 1901. There has been an increase in the num ber of inquiries from buyers for th e China m arket, but little in the w ay of actual business. From the hom e trade th e dem and for heavy brown cottons has been dull. A ll lead in g brands continue steady in price, but sm all sales of outside m akes have been m ade at sligh t concessions. B usiness in bleached m uslins has ruled generally quiet but cam bric m u slin s are in good request. Prices are steady. W ide sheetings and cotton flannels quiet and unchanged. Cotton blankets are very firm. There has been no change in ducks or in brow n osnaburgs. Denimp, plaids and fine-grade tic k in g s are in lim ited supply and firm in price. N ew lines of fa ll prints have n ot sold freely and some sellers decline to book orders excep t “ at v a lu e .” T he demand for staple prints has been on a m oderate scale and w ith ou t change in price. L ig h t fan cy prints are slo w and irregular. G ingham s are firm. F in e cotton w ash fabrics are in good request for the spring of 1903. T he print-cloth m a r ket has ruled dull at 3J^c. for regulars. W ide goods are in favor of buyers. F o r e ig n D r y G o o d s , —The dem and for silks and ribbons has been quiet b u t firm. Supplies are lim ited . There has been no change in the m arket for dress goods. L inens and burlaps are quiet at previous p r ic e s. I m p o r t a t io n s a n d W a r e h o u s e W i t h d r a w a l s ot D r y G o o d s . The im portations and w arehouse w ith d raw als of dry goods a t th is port for the w eek en d in g M ay 22,1902, and sin ce January 1, 1902, an d for th e corresponding periods o f la st year are as follow s: g £ a s HH • to i?s§g to 9 S fe t £ p 2 s* 0 * jp -• *-o £ pM . ef © ©- p 13 e; S ° l 1 ©i a g Si ©J 9 5 21 05 a2 B 3 > 02 ■! I £ 0889» II < S. 0 03 m i* © £0tO<JtO C WD O £> © C * 00 CM THE 1902. May 19. f t <1 oJ QO * 05 03 tfsu 00M fh -q CM © pp o»co o to co M O i-J © to CO© © W CO© CD 1* l* to i* to CM CD to CM K )M CM© CO© 1*1* M 1* — CM © CO CM w o o * © 00© * © "cm CM © 1* © c n O D tO a o O *M © CM CO 1* © p M © © ©W CO © CO© — CM © CD CO to M 1 o>o M © to c o ©W M COCO © 00 tO M CO H* tO tO CO © M to c o * q © C M 00 to w oo GO© CO*© go CM 03 00 -4 00 CO 00 to co M w© to «q 03 CO VooVnq 0 05 0 OCR CO * WCM© • q ^ © © CD CM <35 O ' © co cocoto © I* * * 05 <1 ©OOtO©>* M I*C* O) 05 05 © tO M y iw x © CO ® <JQ < | t o c o O DO 0 050 H O ) © c m n j © cm 0 0 CD 4 ^ CO CO —D < J M W M tfC C ifkO O ) O O i^O co© CD CO © t o CD CO to t o -4 M tO W O O © i^ p p p p M O W M ^I© C C tO CD © © to to to wco q CD© cm — CO no to © V < l < ! CO * n o <1 W © 03 ©CO ’o»to»-co© W-ioVioo CO (^ © rfA . M © I CD to M M to M © t * © CM CM oom cm m © © to •“n © ©GO CM CM CM 00 © to p i* V © MQC 00 * © to 00 to to CD tO M co *^0 M CO M to M M M COM ooV i iLMVn*M O ' to I © * Q D © 1 * op I w p Cji -4 j M x k m © to ©w CD O QD 00 -q 0-1 I CJI CO CO © w © p c*o © M CM 1* © © © M tO CO OO t O © © CM 00 00 © C * M ( - • - 1 0 5 ( 0 05 t o t o CO © © M CM © C O M rf* 1* GO tO CMCO C ©GO©CO IO I M M M cmTo 1 © CO © © ©© I p © p CM CM j * M h 00© i CM © © to CM M O © H ©M - C © I MCM *0 to © © C M W p CM w © to ©CM <1 1 •— © * q n CM CJI 03 p © p topop© Cm M -1 p. M CD M M M ^ CO CO CO © p 0000*00 CD© O 1 ©>uqoM ©to i* © CO H4 H* M M tO 4 0 0 i * CO tO CM ®q © cm l* M © 0 * © to to © cm m CC 1* CO '1 K> < l© tv © © ^ 9 — © CM CO CO © 00 CO CM COM ©©© ft ts s ©2 tO ift M © 1* CO CMM © CO CM tO CD t o '© c o 00© © • * © t o *q M © -4 co t o MM !* © © !* * * b l * r 'c o b o © 0 © 0 © IO W © to © M < ti-© © * q 1 |* C M q iM * w w t o CM© ■ <4C M© q 1 M0 to — © 0 I*. tO CM I* M ft S' < 3 e to * p 0c* 0m Q O tO t O M M si C * * >* 00 M 00CO 0300 C© C Mto O I* M ©55 M W t o I* M 00 —UO M C M '•tO O M O O M CD O^ 10 CM t o 0 © —M 0 JC © C O C M jO p 03 03 t o 00 CM<1 CO © M CO © (Sfit O J* * © p © MO<T co 03 tO t O © © tO»* -1 W1 * THE 11 02 S t/I T L /*T4B C H R O N IC L E . p E fA liT W E N T s Index. An index to all the no we m atter appearing In this Depart m ent for the period from Jan. 4, 1903, to A pril 5, 1902, incineive, was published, in the CHRONICLE of A pril 19, 1902, pages 791, 795, 796 and 797, Cincinnati, Ohio. -B o n d L itig a tio n .—Suit was instituted in the Common Pleas Court, Slay 14, by the Corporation Counsel, to test the validity of the Act of the State Assembly (passed April 39) authorizing the issuance of $500,000 bonds to repair the Cincinnati Hospital Building. Galveston, Texas ,—R e d u c tio n in I n te r e s t .—At a confer ence held early this week between a committee of Galves ton’s bondholders and Messrs. I. H. Kempner and B. Adoue, representing the city of Galveston, a compromise of the city’s indebtedness was effected, Under the agreement the bonds of the city of Galveston w ill carry %%% interest in lieu of 6# for a period of five years, dating from Dec. 1, 1901, at the end of which time the interest rate will revert to the original figure. superior, W Is.—B o n d s V a lid .—Samuel J. King has re ceived a favorable decision in the United States Court of Appeals in his suit brought to enforce payment on $2,000 bonds of the city of Superior, the effect of which involves a large amount of special-improvement bonds. In concluding its decision, the Court eaid : We are of the opinion that as against a bona fide holder before m aturity and for value the bond in question must be held to be a valid legal liability of the municipality. We are gratified th a t no inequitable result can flow from this holding. These bonds were required to be, and presumably were, sold at par, and the city received the full tace value tor them , and presumably expended the amount received in the improvement contemplated. That amount, Iu large measure at least, has been returned to It by the assessment upon the property benetlted. It would be unjust th at the city should be Improved at the expense ot strangers who have advanced their money upon the faith of declarations by the city, authorized by law. We are not greatly grieved th at our duty constrains us to require of th e defendant in error th at It comply with the dictates of common honesty. Numerous suits have been In the courts affecting the valid ity of these special-improvement bonds, and we would refer our readers to items in the Chronicle March 15 and Jan. 11, 1902, and Nov. 23 and Oct. 12,1901, the last-mentioned refer ence containing a letter from the City Attorney on the sub ject. Bond Proposals and Negotiations tWi week have been aa follows : Abington, Mass.—Bids.—The following bids were re ceived May 15 for the $43,000 3>£# high-school bonds : Gee. A, Fernald A Co., Boston..l02'ST6 | Blodget. M erritt & Co., Boston.101*411 Lorlng, Tolman A Tupper, Boat. 101*988 N. W. H arris & Co., Boston...... 101*275 E. H. Rollins & Sons, Boston,, ,101*87 I Farson, Leach & Co., B oston...101*163 Jose, Parker & Co., Boston....... 101*697 I Estabrook & Co.. Boston...........101*15 K. L. Day & Co., Boston..............101*589 B. C. Stanwood & Co., Boston...101*00 Adams A Co., Boston...... ......... 101*61 I As stated last week, Geo. A. Fernald & Co. were the suc cessful bidders. ' Adams, Mass.—B o n d M e etin g . —This town on May 17 voted to issue $30,000 4# water bonds to mature $5,000 yearly, beginning in 1915. Algonac, Mich.—Bonds V o ted .—By a vote of 43 to 4 this village recently authorized the issuance of $4,400 waterextension bonds. Allegan, Mich.—B o n d s V o te d .— This village on May 12, by a vote of 224 to 26, authorized $6,000 water-works-im provement bonds, Alton a, Clinton County, N. Y.—B o n d O fferin g,— Proposals w ill be received at anytim e by John B. Trombly, Superin tendent, for $2,500 4% bridge bonds of this town. Denomina tion, $500. Interest, annual, Maturity, $500 yearly on Feb. 1 from 19C4 to 1908, inclusive. Appanoose Connty, Iowa.—B o n d s N o t S o ld ,— W e are ad vised that no sale was made on May 15 of the $20,000 4 % funding bonds offered on that day. A sheville, N. C.—B o n d Bede.—This city has awarded the $200,000 4% 20-year water and the $10,000 4% 30-year school bonds offered but not sold on March II to the N ew First National Bank of Columbus at par. Bay City, Mich.—B o n d S a le .—On May 19 the $10,000 4% 30year refunding bonds described in the Chronicle May 17 were awarded to Denison, Prior & Co., Cleveland, at 108*401 —a basis of about 3*543$. Following are the bids : Denison. Prior A Co., Cleve...... 108*401 §. A. Kean, Chi cago — ----- - 108*30 W. J. Hayes A Sons, Cleve..... .107*68 Bay City Bank.................. ......... 107*80 N. W. Harris & Co., Chicago.... .107*18 Bay Co. Sav.Bank, Bay C ity.,.. 105*41 l,ampi-echt Bros. Co.. Cleve.... 102*56 S’. L. Fuller A Co., Cleveland.. ,100*75 Bellevue, A llegheny County, P a .—B o n d O ffering.— P roposals w ill be received until 8 p . m ., May 31, by J. M. Simeral, Borough Secretary, for $50,000 4% bonds, issued part for the purpose of taking up the floating debt of the borough (most of wnich was incurred for street purposes), and the balance for street improvements. Denomination, $1,000. Date, June 2, 1902. Interest semi*annually at the Bellevue National Bank. Maturity as follows : $2,000 yearly on June 2 from 1904 to 1931, inclusive, except in the years 1904, 1906, 1907, 1908, 1909, 1911, 1912,1914 and 1917, when $1,000 will mature, and in the years 1927, 1929 and 1930, when $3,000 will mature. Belview , Redwood County, Minn.—B o n d S a le .— On May 17 the $8,500 5# bonds describedlin the Chronicle May 10 were awarded to C. A. Boalt &Co,, Winona, at 101'428. [V ol. LXXIV. Benton Harbor, Mich,—Price P a id f o r a n d D esc rip tio n o f B unds. — W e are advised that the price paid by the Farmers’ & Mechanics’ Bank of Banton Harbor for the $25,000 water and street bonds was par. Denomination of bonds, $500, Date, April 29,1902. Interest annually on Oct, 1. Maturity, Oct. 1, 1921. Berlin, N. 11— B o n d O fferin g .—Proposals will be received until 2 P. M., June 2, by L. H, Yeiileux, City Treasurer, for $60,000 ‘ %% funding floating-debt bonds. Denomination 6 of bonds to suit purchaser. Date, June 1, 1902. Interest semi-annualiy at the National Shawmut Bank, Boston. Blank bonds to be furnished by purchaser. llig g sv ille, 111. —B o n d S a le. —This village has sold an issue of $2,200 5# 1-11-year (serial) water works bonds dated July 1, 1902, to the First National Bank of Barnesville at 101*863. Bow ling Green, Ohio .— B o n d s A u th o r iz e d .—The City Council has authorized the issuance of $41,500 4# Main Street and $25,500 4# Wooster Street improvement bonds. B ristol, B. I .—B o n d S a le .—On May 8 an issue of $25,000 refunding bonds were awarded to W. J. Hayes & Sons, Cleveland, at 108*50. Following are the bids : W. J. IIaye« A Boas, Clev«....103*60 Bltke Bros. & Co.. B oston......102*81 N. W Harris A Co., New York. .103*487 I H. Gay A Co., Boston............101*52 . H. Estabrook A Co.. Boston........ 103*807 I Jose, Parker A Co.. Boston...... 101*60 R L. Day A Co.. Boston. ...... 103*17 I . Bonds mature Sept. 1, 1930. B ristol, Ya.—B o n d S a le ,—On May 20 the $6,OCO 5# 1-6year (serial) fire hall and jail bonds described In the Chron icle April 26 were awarded to the Dominion National Bank of Bristol at 100*25. Brockton, Mass.—L o a n s A u th o r iz e d b y A ld e rm e n .—The Aldermen have passed resolutions providing for $230,000 loans, $200,000 of which is for the construction and furnish ing of a new high-school building and $30,000 for other pur poses. Brookhaven, Mias.— B o n d O fferin g .—Proposals w ill be received until 7:30 p . m., June 3, by W. H. Seavey, City Clerk, for $40,000 5-2(J-year (optional) refunding bonds. De nomination, $500. Interest, not exceeding 0%. payable semi annually at the Fourth National Bank of New York City. Certified check for $500 required. Brown County, Texas.—Bond S a le .—We are advised that the entire $30,000 jail bonds recently registered by the State Comptroller have been purchased by that official for the State School Fund at par. Denominations, $500 and $1,000. Date, April 10, 1902. Interest, 4%. Maturity, 20 years, sub ject to call $15,000 at any time and $15,000 after five years. Brunswick, Me.—Bond O fferin g.— J. W. Fisher, Village Treasurer, requests proposals until 12 M., June 18, for $30,000 4# sewer bonds. Denomination, $1,000. Date, July 1, 1902. Interest semi-annually in Boston. Maturity, $1,000 yearly on July 1 from 1915 to 1944, inclusive. Buffalo, N. Y. —B o n d S a le .—On May 22 the $150,000 1-20-year (serial) consolidated school bonds were awarded to Joseph E. Gavin of Buffalo at 101*785—a basis of about 3*297#—and the $100,000 3>£# 1-20 year (serial) refunding water bonds were taken by the Buffalo Police Pension Fund at 102-66—a basis of about 3 20#. Following are the bids : *160,000 B d s . 8100,000 B d s . Buffalo Police Pension Fund................ loa-ce 103*485 Joseph E. Gavin, Buffalo................. ..................... .. 101*785 ; 101*785 101*76 Erie County Savings Bank, Buffalo................... . .. 101*76 , T - - r101*73 W J. Hayes A Sons, Cleveland... ..................................... . 101*87 .. 101*37 Denison. Prior &Co., Cleveland..... .............. .......... *101*37 101*53 .. N. W Harris A Co.. Chicago.................................... 101*35 . .. loi-ae Blodget, Merritt &Co.. Boston................................. 101*28 101*09 R. L. Day &Co., New York ................................... ... 101*09 For description of bonds see Chronicle May 17, p. 1050. B u rriliv ille, R. I —B o n d s A u th o r iz e d .—A t a town meet ing held recently the Treasurer was authorized to issue $40,000 bonds to take up the floating debt, Caldwell, N. J .—Bond S a le ,—On May 19 the $20,000 4# 30-year water bonds described in the Chronicle May 10 were awarded to the Montclair Savings Bank of Montclair at 104*50—a basis of about 8*75#. Following are the bids: Montclair Savings Bank..........101*50 t W J. Hayes A Sons, Cleveland. 100*088 . Jno. D. Everitt A CO..N. Y...... 101*25 1 Cambridge, Ohio .* o n d O ffe r in g — Proposals w ill be re —B ceived until 12 m , June 9, by T. R, Deselm, City Clerk, for $7,000 4# refunding bonds. Authority, Section 2701 and amendments, Revised Statutes of Ohio. Denomination, $1,000. Date, June 1, 1902. Interest semi-annually at the office of City Treasurer. Maturity, June 1, 1912. Cape May, N. J.—B o n d lS a le ,—On May 21 the $75,000 4# 20-year bonds described in the Chronicle May 10 were awarded to Lewis T, Stevens, Attorney. B o n d E le c tio n .—The City Council, it is stated, has called an election for May 27 to vote on the issuance of $100,000 beach-improvement bonds. Carlstadt, N. i . —B o n d S a le .—On May 15 the $10,000 4%-6 20 year refunding bonds were awarded to W, R. Todd & Co,, New York, at 104'50. Following are the bids considered : W R. Todd &Co., New York. ..104*50 IFarson, Leach ACo., New York.l0i*76 Jno. D. Everitt A Co., N. Y. .102*60 | Bids received from Lawrence Barnum & Co,, New York, and Jose, Parker & Co., Boston, were rejected As irregular, C arterville (Mo.) School D istrict .—B o tid s D e fe a te d .— The question of issuing $21,000 school-house bonds was de feated at the election held May 18. Cincinnati, Ohio .— B on d S a le .—The highest bid received May 22 for the $8,000,000 3%# 80-50-year (optional) refund ing bonds described in the Chronicle April 5 was that, of Harvey Fisk & Sons of New York and the First National Bank of Cincinnati at 108*81. This bid is on a basis of about 3*80# if bonds are redeemed at their optional date and 8*848* May 24, 1902.] THE C H R O N IC L E . ir allowed to run their full time. The above parties secured the award. . „ Clearfield (P a ) School D istr ic t.- B o n d S a le .—On May 17 one-half of the $10,000 3%<jl 10 30-year (optional) bonds were awarded to the Clearfield National Bank and the remaining one-half to the Clearfield Trust Co., both institutions having bid 100-50 for the issue. Cleveland, Ohio .— Bond O ffering .—Proposals w ill be re ceived until 12 m ., June 28, 1902, by J. P. Madigan, City Auditor, for $938,000 4% sewer district bonds maturing April 1, 1913. Securities are coupon bonds in denomination of $1,000, Dated, April 1, 1902. Interest (semi-annually) and principal payable at the American Exchange National Bank, New York. A certified check on a national bank for 5$ of the amount of bonds bid for and payable to the “ Treas urer of the City of Cleveland” must accompany propo sals. Blank forms obtained from the City Auditor must be used by all bidders. Cleveland (Ohio) School D istrict .— B o n d O f f e r i n g - Pro posals w ill be received until 12 M., June 2, by J. P. Madi gan, Auditor Board of Education, for $350,000 4% coupon building bonds, maturing April 1,1922. Denomination, $1,000. Date, April 1,1902. Interest (semi-annually) and principal both payable at the American Exchange National Bank, New York, A certified check on a national bank for 5% of the amount of bonds bid for and payable to the “Treasurer of the Board of Education” must accompany proposals. Bidders must use blank forms obtained from the Auditor. Clinton, La.— Bond O ffering — Proposals w ill be received until 5 P. M., June 12, by C. W. Ball, Mayor, for $6,000 5% 20-year school-house bonds. Denomination, $500. Date, May I, 1902. Interest w ill be payable semi-annually at the office of the Treasurer. A certified check for $100 required. These bonds were originally advertised for sale May 15. Clyde (N. Y.) School D istrict .—B o n d s D e fe a te d .—'This dis trict recently voted against the issuance of bonds. Cohoes, N. Y.—B on d O ffering .—Miller Hay, City Chamberlain, will sell at public auction at 12 M June 7 $20,000 3%% . fire-department bonds. Date, May 28, 1902. Interest semi annually on January 1 and July 1 at the Central Trust Co., New York City. Principal w ill mature $5,000 yearly on January 1 from 1921 to 1924, inclusive. B o n d s P ro p o se d .—The Public Improvement Commission has passed resolutions asking the Common Council to issue $79,575 79 bonds. Columbia County (W ash.) School D istrict No. 2 —B o n d S a le — On May 19 the $50,000 4}#6 bonds described in the C h r o n icle April 5 were awarded to the Columbia National Bank of Dayton, Wash., at 100*20. Colorado Springs, Colo.—B id s .—Following are the bids received May 12 for the $129,000 4$ 10-15-year (optional) gold water bonds: 1108 Farmington, Mo.—B o n d O ffering. —Proposals will be re ceived until 12 M,, May 25 (this date falls on Sunday, but it is so given in the advertisement,) by John B. Highley, Chair man Finance Committee, for $25,000 4% 5 20-year water-works bonds. Denomination, $1,000. Flathead County, Mont,—Bonds V a lid .—The State Su preme Court has declared valid the $55,000 4% court-house and jail bonds which have been in litigation for some time. These bonds, It will be remembered, were awarded on April 8, 1901, to the Conrad National Bank of Kalispell at 100 936, but the consummation of the sale was prevented by litiga tion. Now that the case has been determined, we are ad v is e d that the bank above mentioned will take the fronds. See C h r o n i c l e April 18 and Dec. 28, 1901. Florence, S. C.— B on d S a le .—The highest bid received May 20 for the $10,000 5£ 20-40-year (optional) bonds descri bed in the C h r o n i c l e April 26 was that of Feder, Holzman & Co., Cincinnati, at 108*03. The bids follow : Feder. Holiman A Co., Cincin.. 108-03 I H. II. Rollins A Sons, Boston. ..103 65 Martin & Bush, Augusta...........103-86 Commercial Sav. B’k, Florence. 102 00 Seasongood & Mayer, Cincin....103-787 I R. Kleybolte A Co.,Cincinnati..101-50 Fort W illiam , Ont.— D eben tu re O fferin g .— Proposals will be received until May 28 by Jas. McLaren, Town Treasurer, for $17,000 consolidated debt debentures. Maturity, part yearly for twenty years. Galveston County, Texas .— D e sc rip tio n o f B o n d s .—The County Commissioners have decided upon the details of the $1,500,000 sea-wall and breakwater bonds voted at tbe elec tion held March 20, as follows : Denomination, 5,000 bonds of $100 each, 1,000 of $500 each and 500 of $1,000 each. Date, June 10, 1902. Interest 4£, payable April 10 and Oct. 10 in New York City or at the office of the State Treasurer. Ma turity, 40 years, subject to call after 20 years. Gary, Norman County, Minn.—B o n d O fferin g,— Proposals w ill be received until 2 p. m ,, June 3, by the Village Coun cil, care of O. T. Rishoff, Recorder, for $2,000 15-year re funding bonds. Bonds were authorized at election held April 30, 1902, Denomination, $100. Interest semi-annual. Gloucester, Mass.—B o n d S a le. —On May 15 the $60,000 3%% 1-30-year (serial) water- ex tension bonds were awarded to N. W. Harris & Co., New York, at 102-785—a basis of about 3'27$. Following are the bids : N. W. Harris & Co., New York. .102-785 R. L. Day A Co.. B o sto n .......... 102-680 Geo. A. Fernald & Co., Boston.102-526 Adams A Co., Boston................. 102-43 Jose, Parker A Co., Boston....... 102-39 Lee, Higginson A Co., Boston..102*36 Blodget, Merritt A Co., Boston.. 102'34 Merrill. Oldham A Co., Boston..102-175 BlakeBros. A Co.. Boston........ 102"16 Estabrook A Co., Boston..........102-047 For description of bonds see C h r o n icle May 10, p. 1000, Great Barrington Fire District, Mass.—B o n d s A u th o r ize d b y L e g isla tu re .—T h e State Legislature has authorized the issuance of not exceeding $200,000 additional water-sup ply bonds, Groveport (Ohio) Special School District.—B o n d O ffer Denison. Prior A Co., Cleve*|180,303 28 I Seasoneood A Mayer. Cin...$129,451 50 in g .— P ro p o sa ls w ill be received until 12 M., June 10, by C, D, R. Kleybolte A Co.. Cincin... 120,820 G I E. H. Rollins & Sons.Denv.. 129.000 00 Rarey, Clerk, for $2,000 5% 1-10-year (serial) bonds. Denom O W. J. Hayes A Sons, Clere. 1129,650 00 I Jose, Parker & Co., Boston..4131,18'.) 10 -----I S. A. Kean, Chicago............ 1130,315 80 ination, $200. Date, June 10, 1902. Interest, semi-annual. * And one-half expense of printing blank bonds. t And blank bonds, t Bids Bidders are required to satisfy themselves as to the legality adjudged irregular and rejected. As stated last week, Denison, Prior’< Co., Cleveland, were & the successful bidders. Comal County, Texas.—B o n d S a le. —The School Board on May 16 purchased §6,000 bonds of this county. Comanche, Texas.—B o n d s A p p r o v e d a n d R e g iste re d .— The Attorney-General has approved and the State Comp troller registered an issue of $10,000 water-works bonds of this city. Coshocton, Ohio.— Bond O ffering. —Proposals w ill be re ceived until 12 m ., Jane 24, by E. M. Wimmer, City Clerk, for $2,000 4\4,% sewer bonds. Authority, Sections 2267, 2204 and 2205, Revised Statutes of Ohio. Date, June 1, 1902. Interest, March 1 and Sept. 1 at office of City Treasurer. Maturity, one bond of $330 yearly on Sept. 1 from 1903 to 1907, inclusive, and one bond of $350 on Sept. 1, 1908. Pur chaser must furnish blank bonds. Certified check for 5# of the gross amount of bonds bid for, payable to the City Clerk, is required. Denver, Colo.—B on d S a le .— On May 17 $5,000 5-year grading and curbing district bonds were awarded to E. L. Wemple of Denver at par and interest. Dover, N. J .—B o n d s V o ted . —This town has voted in favor of $70,000 water bonds. We are advised that it w ill prob ably be some time before the bonds w ill be issued. Dunmore, Pa.—B o n d O ffering.— Proposals w ill be received until 8 p. m., May 28, by H. B. Gilligan, Borough Secretary, for $35,000 4% coupon sewer bonds, “Series A .” Danomination, $500. Date, Sept. 1, 1899. Interest, March 1 and Sept. 1 at the First National Bank of Scranton. Maturity, $8,500 on Sept. 1, 1904, and also on Sept. 1, 1909; $9,000 on Sept. 1, 1914, and $9,000 on Sept. 1, 1919. Bonds free from all taxes. Certified check for $500 required. Enid, Okla.—Bond S a le.— On May 16 an issue of $40,000 4%,% 30-year public-improvement bondB was awarded to D. K .' Dunne, Wichita, and J. B. Ferguson of Enid at par. Bonds will bear date the day of sale. Essex County, N. J.—B on ds A u th o r iz e d . —The Board of Freeholders has authorized the issuance of $800,000 addi tional court-house bonds. Everett, Mass.—B on d s A u th o rize d . —The |Mayor has been authorized to issue $15,000 sewer bonds, Fair Haven, Vt.—Loan V o ted , —This village has voted to borrow $15,000 for sewer purposes. We are advised that the notes cannot be issued until the village authorities obtain the signatures of a majority of the taxpayers. of the bonds before bidding. Hackettstown, N. J.—B o n d R e so lu tio n . —The Common Council has under consideration a resolution providing for the issuance of $14,000 bonds authorized by the recent Legis lature. H all County, Tex.—B on d S a le. —The State has purchased $50,000 3% court-house bonds of this county. These bonds are subject to call after July 1, 1904. Ham ilton, Ohio.—B o n d S a le ,—On May 6 the Board ofControl awarded an issue of $3,500 1-7-year (serial) street and sanitary bonds dated Feb. 17, 1902, to the Second National Bank of Hamilton at 102*028. B on ds A u th o rize d . —The Board of Control on May 6 author ized the issuance of $140,800 4% street-assessment and $30,000 4% intersection bonds. .-*4®*. Hardin County, Tex.—B o n d S a le .— The State Permanent School Fund has purchased $1,000 bridge-repair bonds of this county. Harrisburg, Pa.—B o n d O rd in a n c e.— An ordinance provid ing for the issuance of $1,090,000 bonds voted at the elec tion Feb. 18, 1902, will come up for final action in the Com mon Council on May 26. These bonds are to be issued for the following purposes : $310,000 water, $365,000 sewer, $65,000 dam, $250,000 park and $100,000 paving bonds. The in terest rate must not, under the ordinance, exceed pay able semi-annually on March 1 and Sept, 1 at the office of the City Treasurer. Principal will mature $180,000 (Series “A”) on Aug. 31, 1907, and one series of $36,400 each year there after. Harrisburg (Pa.) School District.— B o n d s to be Issu e d .— It is stated in local papers that this district will offer for sale in October an issue of $100,000 3% bonds. Havana, Cuba.—B on d S a le. —On May 17 Farson, Leach & Co. of New York City were awarded $1,000,000 of the Ha vana City 5% municipal loan at 90 and given an option on the authorized balance of $27,000,000 by the Havana City Coun cil. See C h r o n icle May 10, p. 1000, and April 26, p. 901. Haverhill, Mass.— B on ds A u th o r iz e d . —The Aldermen have authorized the issuance of $10,000 school building bonds. :££«. Hillsboro, WIs.—B o n d s V o ted . —This town has voted„to issae $19,000 4% railroad-aid bonds. Hopkluton, Mass.—Honda to be O ffered S h o r tly .— W e are advised that the $20,000 town-hall bonds mentioned in the CnRONiOLE March 29 will be offered for sale about June 1. Securities will be issued in denomination of $1,000, dated 1104 1HK CHRONICLE, Oct. 1, 1901. Interest w ill be at the rate of 4#, and the prin cipal will mature in thirty years. Hudson Couuty, N. J .—B o n d B ill S ig n e d . —The Governor on May 6 signed what is known as Tennant’s Hudson County Par k bill, which authorizes the issuance of bonds for park parposes to the amount of VVi% of the assessed valuation of all the taxable real and personal property in the county, pro vided the question be submitted to a vote of the people at the November election. Provision is made for 4# 50 year bonds. Hughes County, S. Oak - B on d O fferin g.— Proposals will be received until July 1 by the Board of County Commission ers for $00,000 4# 20 year refunding bonds. L. S. Westfall is County Auditor. Hyde Park, Ohio.—B o n d O fferin g . —Proposals w ill be re ceived until 13 M., June 17, by Frank D. Ebersole, Village Clerk, for $1,500 07 5# 1-10-year (serial) Josephine Street assessment bonds, dated May 38, 1903. Interest payable an nually at the Franklin Bank of Cincinnati. A certified check for 2# of bonds, payable to E. F. Walter, Village Treasurer, required. The amount of bonds to be issued may be reduced if any assessments are paid in cash. Idaho Falls, Bingham County, Idaho.—B o n d O fferin g.— Proposals will be received at any time by D. G. Platt, City Clerk, for the $13,500 electric-light-extension bonds author ized at the election held April 1, 1902. Independence, WI s.—B o n d s V o ted .— This village has voted to issue bonds for a city hall and for an electric light plant. Iowa Falls, Iowa.— B o n d S a le .— This city, according to local papers has arranged for the sale of $8,000 4# refunding bonds. N. W. Harris & Co., Chicago, are the purchasers. Jefferson County, Ind.—B o n d S a le .— On May 8 $18,000 4# toll-road bonds were awarded to E. M. Campbell & Co., Indianapolis, at 102'91. Denomination, $450. Date, May 8, 1902. Interest semi-annually at office of County Treasurer. Maturity, $450 each six months from May 8, 1903, to Nov. 8, 1923, inclusive. Jefferson County, Tex.—B o n d s A u th o r iz e d . —The County Commissioners have authorized the issuance of $1,800 court house-repair bonds. Kearney, Neb.—B o n d O ffe r in g — Proposals w ill be re ceived until 6 p . m ., June 2, by H. A. Webbert, City Treas urer, for $30,000 4# 5 20-year (optional) refunding bonds. Denomination, $500. Date, July 1, 1902. Interest, semi-an nual in Kearney. Certified check for $1,000 required. Kent County, Md.—B o n d Safe.—The following are the bids received May 13 for the $10,000 4t! 10-19-year (serial) refund ing jail and bridge bonds described in the C hro n icle May 10: Seasonuood & Mayer. Clncin....l06‘88^ | Kent County Savings Bank...... lOO'lO Smith Bros.. EJesville............... 102-6U Second Nat. B’k, Charlestown. .lOO’lO William W alter Chapman.........102-07J | [Vol. LXXIV, April 30, 1002. Denomination, $1,000. Date. July 1, 1903. Interest payable April 1 and October 1 in New York City. Maturity, April 1, 1933, but $5,000 Bubjeot to call every five years. Methueu, Muss.—D e sc rip tio n o f B o n d s. —We are advised that it has not yet been determined when the $35,000 sewer bonds mentioned in the Ohuoniole March 29 will be issued. The interest rate w ill be 3 payable semi-annually at the office of the Town Treasurer. Prinolpal will mature $10,000 in five years and $35,000 in thirty years from date of issue. M inneapolis, M inn.—B o n d S a le .— On May 19 the $70,000 30-year park bonds dated April 1, 1902, were awarded to DeniBon, Prior & Co.. Cleveland, at 1C4 07 and interest—a basis of about 8'286#. Following are the bids : eenlsou. Prior A Co., Cleve. ,$72.H49 00 | Adams A Co.. Boston............ $72,114 00 Security Bank of Minnesota.*73,010 00 ICslahrook A Co., Boston....... 72,037 00 Vermilye A Co., Now York.. 72.140 00 I U. L. l)av A Co.. New York... 71,96230 Blodget, Merritt A Co.. Boat.. 72,110 00 I Soasongood A Mayer. Chi.... 71.771 20 -----| W. J. llayes A Sons, Cleve.... *71,167 00 * Bid fla t; uti other proposals to Include accrued Interest. For description of bonds see C h r o n ic l e April 26, p. 903. Mouroe City, Mo.—B o n d O fferin g .—This city on May 10, by a vote of 220 to 47, authorized the issuance of $15,000 5# electric-light-plant bonds. Proposals for these bonds w ill be received until 7 P. m., June 6, by Geo. W. Tompkins, City Clerk. Date, July 1, 1902. Interest semi-annually at State National Bank of St. Louis, Maturity, July 1,1922, one-half optional after July 1, 1912, and one-half July 1, 1917. Montreal, Qae.—B o n d O fferin g, —Proposals will be re ceived until 3 p . m,, Jane 4, by the City Clerk, for $2,000,000 registered stock ($100 each share) or coupon bonds (from $ L Oto $2,000 each), issued by this city for refunding pur O poses. Interest payable May 1 and Nov. 1 at office of City Treasurer or in London or in New York City as regards cou pon bonds and in Montreal and London as regards registered stock. Payment is to be made as follows : 2# on application, 23# on allotment, 25# on July 1, 25# on Sept. 1 and 25# on Nov. 1. N avarre Union School District, Stark County, Ohio.— Bond S a le. —The $10,000 5# 1-10 year (serial) building bonds offered for sale on April 10 have been disposed of to the Co lumbus Savings & Trust Co. of Columbus at 105‘20 and ac crued interest. See description of bonds C h r o n ic le March 29, p. 093. Nether Providence Township (P . 0 . W a llin g fo rd ) School District, Pa.—B o n d S a le .— On May 10 the $14,000 4# bonds described in the C h r o n ic le May 3 were awarded to J. H. Roop, Executor for the J. Lewis Crozer estate, at 101 ’OS. The bids follow : J. H. Roop, Executor.................101-03 I Delaware Co. Trust, Safe Dep. Lamprecht Bros. Co., Cleve...... 100’125 | A Title InB. Co. of Chester....lOO'OO New G larns, Green County, W is.— L o a n N e g o tia te d .— This village has negotiated a loan of $14,000 with the State. Loan carries 3^ # interest and is for water purposes, Norfolk, Ya. —B o n d s A u th o r iz e d . —The City Council, it is stated, has authorized the issuance of $63,500 bonds to meet outstanding notes and $16,C O bonds for street improvements O in Brambleton Ward. Oaklawn (111.) School D istrict No. 116.—B o n d s V o ted .— This district on May 3 voted unanimously4 issue $6,000 to school house bonds. Oneida County (P . 0. U tica), N. Y.—B o n d O ffering.— Pro Pettibone Park Commission__ $25,000 I T. B. Potter, \ $15,000streetbds.f 15,087 posals will be received until 2 p. m ,, June 5, by James H. S. A. Kean, Chicago (less $125). 26,000 | Chicago... ( 10,000 waterbds. 10,023 Lancaster, T exas.—Bonds A u th o r iz e d . —The City Treas Flanagan, County Treasurer, for $350,000^3)^# court-house urer writes us that $8,000 4# 20 40-year (optional) water bonds as fo llo w s: bonds and also $12,000 school bonds have been authorized, $1CO,000 bonds to be delivered June 16, 1902. Maturity, $8,000 yearly on Feb. 1 from 1903 to 1912, inclusive; 810,000 on Feb. 1, 1913. and *10,000 on bat that no date has been set for the sale of these bonds. Feb. ). 1914. Certified check for b% of the par value of bonds bid for required. Lew is County (W ash.) School D istrict No. 9.—B o n d Sale. be delivered, $100,000 Oct. on Feb. —On May 17 $2,000 5%# 12-year bonds were awarded to A. L, 250,000 bonds to on June 1, 190J, and $50,000 1,1902,150,000Maturity. 1,1903, 45o,000 Oct. 1, 1903. 810,000 yearly on Feb. 1 from 1916 to 1939, inclusive. A certified check for Coffman & Co., Chehalis, at 102. A bid of 101'85 was also '/> of the par value of the bonds bid for required. % made for the bonds by Thompson, Tenney & Crawford Co., All deliveries to be made at the United States Mortgage & Chicago. Denomination of bonds, $500. Interest, semi-an Trust Co., New York City. Denomination of bonds, $1,000. nual. Malheur County (Ore.) School D istrict No. 3 .— B o n d Date, March 20, 1902. Interest, Feb. 1 and Aug. 1 at offLe S a le. —Tnis district has sold an issue of $2,000 6# 20-year bonds to Thompson, Tenney & Crawford Co., Chicago, at of County Treasurer. Bidders must use printed form of pro posal furnished by the County Treasurer. The entire issue 102 55. Manistee, Mich.—B o n d O fferin g. —Proposals w ill be re will be certified to as to genuineness by the United States ceived until 2 p. m , May 27, by Wm. H. Pfeiffer, City Clerk, Mortgage & Trust Co., N ew York City. Certified checks are for $125,000 4# street-repair and paving bonds. Interest, semi annual. Maturity, $5,000 on May 1, 1910, and $10,000 yearly to be drawn on a national bank and payable to the aboveon May 1 from 1911 to 1922, inclusive. Certified check for named County Treasurer. $2,500 required. Accrued interest to be paid by purchaser. The official n o tic e o f th is b o n d offerin g w ill be fo u n d Manitowoc, WIs.—B o n d s A u th o r iz e d . —The Common am ong the a d v e rtise m e n ts elsew here in th is D e p a rtm e n t. Council on May 5 authorized the issuance of $25,000 improve Ontario County (P . 0. W h itb y ), Out.—D eb en tu re O ffering. ment bonds. Mansfield, Ohio.—B o n d S a le . —On May 14 the three issues —Proposals will be received until 1 p. m ,, June 6, by J. E. of 5# 1-3-year (serial) sewer-assessment bonds, aggregating Farewell, County Clerk, for $20,000 4# House of Reiuge de bentures maturing part yearly for twenty years. $3,100, were awarded to the Mansfield Savings Bank at par. Orange, Texas.—B o n d s V o ted . —This oity on May 6 voted M arshalltown (Iow a) Independent School D istrict.— Bond S a le. —On May 20 $57,000 4# 5 10-year (optional) re to issue $15,000 4# 30-40-year (optional) gold street and bridge funding bonds were awarded to the Marshalltown State Bank bonds. We are advised by J. W. Link, Mayor, that pro posals for $13,500 of these bonds'will be received at any time. at 10P228 and blank bonds. Following are the bids : Orisliany Falls, N. Y. —B o n d s V o te d .— This village on May Marshalltown State Bank.. .*$57,700 00 I Trowbridge^ NiverCo.,Chi.*§57.169 00 S. A. Kean. Chicago............... 57.68t 00 | V . J. Haves A Sons. Cleve... 67,223 uO 12 authorized the issuance of $19,000 water works bonds by a V Merch’ts ’ L'u & Tr. Co., Chic. 57,007 60 Cbas. W. Jones & Co.. Cleve.. 5‘ ,147 50 majority of 29 votes. Thompson, Tenney & CrawI Jas. Jefferies <s Co.. Cleve .. b7.125 60 Otsego (M idi.) School D istr ic t.— Roads Voted. -T his dis fora Co.. Chicago................. 57,306 00 I C. It. Hanna, Council Blutts.. 67,132 00 G. M. Bechtel A Co.,Dav’p’rt.*d7,280 00 N. W. Harris A Co., Chicago. 57,080 00 trict recently voted in favor of issuing $13,500 bonds, the pro -----1 Denison, Prior & Co., Cleve.. 57,076 C O ceeds of the sale of which, together with $14,000 insurance, * And blank bonds. Denomination, $1,000. Date, July 21, 1902, it is proposed to use in rebuilding the school house destroyed M eridian, Miss.—B o n d O fferin g .—Proposals w ill be re by fire last February. ceived until 7:30 P. m ., June 17, by J. C. Lloyd, City Clerk, Owonton Graded Cummou School D istrict, Owen t'ouuty. for the $40,000 4>£# school bonds voted at the election held Ky.—B o n d O fferin g.—Proposals will be received until 3 i\ m . Keystone, W est Ya.— B o n d s A u th o r iz e d .— The issuance of $25,000 light, water and paving bonds have been authorized. W e are advised that these bonds w ill be sold on or about June 15. La Crosse, WIs.—B o n d S a le .—O n May 15 the $10,000 10-20-year (optional) water and sewer-extension bonds and the $15,000 10-20-year (optional) street-improvement bonds described in the C h r o n icle May 3 were awarded to the Pettibone Park Commission at par. Following are the b id s: M a y 24, 1902.] THE CHKONICLE May 31 (lime extended from May 15), by W. P. Swope, Sec retary, for $10,000 5# 15-80-year (optional) gold school-houfie bonds. Denomination, $1,000. Date, July 1, 1902. Interest semi-annually at Farmers’ National Bank of Owenton. Palestine, T exas—Bond Stale.—This city recently sold the $40,000 4% street-improvement bonds| described in the C h r o n i c l e Dec. 21, 1801, to the Nelson Paving Co. of San Antonio at par. Paterson, N. J .—Bond S a le — On May 19 the $49,000 4% 15-year renewal bonds described last week were awarded to Denison, Prior & Co., Boston, at 102'277—a basis of about 8'80#. Following are the bids : D enison, P r i o r * C o ., B o s to n ... 102-277 I W. J . H ay e s * Hons, C leve........ 101T>1 L am p ro c h t Bros. C o.,01eve.......102*016 | HUH. H ollins & Bona. Bo»ton...lo0*03 Pattonsbnrg (Mo.) School D istrict.—Bonds Voted,.—This district has voted to issue bonds for a new school house. Pease Township, Belmont County, Ohio.—Bond Offering. —Proposals will be received until 12 m., June 17, by W. G. Morgan, Township Clerk (P. O. Martins Ferry), for $25,000 road-improvement bonds. Denomination, $500. Interest payable March 1 and Sept. 1. Maturity, $2,0C0 each six months from March 1, 1914, to Sept. 1, 1919, inclusive, and $1,000 March 1, 1920. Pierce, Neb.—Bond Offering .—Proposals will be received until 2 p. M., June 2, by L. R. Hertert, City Clerk, for $9,800 4% 5-20-ycar (optional) water bonds, nineteen of which will be in denomination of $500 and one of $300. Interest pay able May 1 annually in New York City. A certified check for 5# of amount of bonds must accompany each proposal. Pierre, S. Dak.—Bonds Voted .—'This place has voted to issue$125,000 20-year refunding bonds. These bonds, we are advised, will only be issued to the holders of the old securi ties to be refunded, and will carry 2% interest for the first three years and 3% thereafter. P latte Center, Neb.—Pond Offering .—Proposals will be received until 8 p . m.. June 30, by John G-. Regan, Village Clerk, for $2,300 5# 5-20-year (optional) water bonds dated July 1, 1899, Certified check for 5% of bid required. Pony School District No. 11, Madison County, M o n t.Bond Hale.- On May 1 $9,000 4%$ 5-10-year (optional) bonds were awarded to the Morris State Bank of Pony at 101‘144 and blank bonds. Following are the bids : NEW LOANS. $ 3 5 0 ,0 0 0 New Court House Registered Bonds of the COUNTY OF ONEIDA,N. Y. S e a l e d proposals will b e receiv ed by tb e u n d e r signed u n til 2 o ’c l o c k P . M . c n th e 5 i h clay ©I J a n e 19(P£, a t th e office o f th e T r e a s u r e r o f th e C o u n t y c»f O n e i d a , in th e C i t y o l U t i c a , N . Y ., fo r th e p u rch a se of S i 0 0 , 0 0 0 3 % p e r c e n t R e a i s i e r e c i N e w C o u r t H o u s e B o n d s of said county, b e a iin g d a te M a r c h 2 0 i l i , 1 9 0 2 , of th e d en o m in atio n s o f S i,O O O each, to m a tu re as fo llo w s: $ 8 , 0 0 0 an n u ally from F e b r u a r y 1 s t , 1 9 0 3 to F e b r u a r y 1 s t , 1 9 1 2 , in c lu siv e ; $ 1 0 , 0 0 0 F e b r u a r y l « r , 1 9 1 3 , an d # | 0 , 0 0 0 F e b r u a r y 1 , 1 9 1 4 , w ith in te r e s t payable on th e 1 s t days of F e b r u a r y an d A u g u s t in each year, principal an d in te r e s t payable a t th e office o f th e County T re a su re r o f th e C ounty o f O neida a t U tica, O neida C ounty, N. Y. E ach proposal m u st be accom panied by a c e r t i f i e d check on a N a t i o n a l B a n k , payable to th e o rd er o f th e u n d ersig n e d as T re a s u re r of tb e County of O neida, to th e am o u n t of 5 p e r c e n t o f t h e f a c e v a l u e o i t b e b o n d s b id f o r . B i d d e r s m u » t u s e p r i n t e d f o r m o f p r o p o s a l f u r n i s h e d by t h e u n d e r s i g n e d . A ccrued in te r e s t to be paid by th e purchaser. D elivery of $ 1 0 0 , 0 0 0 bonds will be m ade on J u n e l O i h , 1 9 0 2 , a t J 1 o’clock A.M., a t tb e office of th e U n i t e d S t a t e s M or t«ageI< & T r u s t ^ C o ., 59 C edar S treet, New Y ork City. P roposals will also be received a t th e sam e place an d h o u r fo r th e b alan c e o f th e issue, $ 2 5 0 , 0 0 0 , b e a rin g sam e date, m a tu rin g S I 0 , 0 0 0 a n n u a l l y from F e b r u a r y 1 s t , 1 9 1 5 , to F e b r u a r y 1 s t . 1 9 3 9 , Inclusive, to be d elivered in th e o rd er of th e ir m a tu rity as follows: * 1 0 0 . 0 0 0 O ctob er 1 s t, 1 9 0 2 ; $ 5 0 , 0 0 0 F e b r u a r y 1st, 1 9 0 3 ; $ 5 0 ,0 0 0 J u n e 1 st, 1 9 0 3 , and * 5 0 , 0 0 0 O c to b e r 1 s t, 1 9 0 3 . All deli /e n e s to he m ade a t th e office o f th e abovem e n tio n e d T r u s t C o m p a n y . E ach proposal m u st b e accom panied, by a c e r t i f i e d check on a N a t i o n a l B a n k payable to th e o rd er o f th e u n dersigned as T re a s u re r o f th e C ounty of O neida, to th e a m o u n t o f 2 p e r c e n t o f t h e f a c e v a l u e o f t h e b o n d s b id f o r . B i d d e r s m u s t u s e p r i n t e d f o r m o f p r o p o s a l f u r n i s h e d by t b e u n d e r s i g n e d . A ccrued In te re s t to he paid by p u rch aser. A ll en velopes ro u st he endorsed “ P r o p o s a l f o r N ew C ourt H o u se B o n d s.” The entire issue will he engraved under th e super* //-ion of and certified as to genuineness by the U n i t e d Hi r i t e s M o r t g a g e As T r u s t C o m p a n y . T he right is reserved to reject any and all bids. J A M K8 H . F L A N A G A N , County Treasurer of Oneida County. Dated IJtlca N . Y .. May J0.1000. 1105 Morris State Hank, P o n y ,.... *$0,108 00 Thompson. Tenney « Crawfc B. A. ICoiwi, Cl.*< uko.................. *0,000 00 ------- fo rd Co., Chi c a g e ................... *UU>25 00 JOI0i I'arJf <*r A (Jo.# BOftOXU. • And blank bonds. 0*000(0 Poplar Bluff, Mo.—Bond Offering.—Proposals will be re ceived until 8 P . m . , June 2, by Ed. L. Abington, Mayor, and the City Connoil, for $0,000 4% 10-20 year (optional) city hall and jail bonds. Authority, Section 0353, Article xlil., Chap ter 91 of the Revised Statutes of 1899. Denomination, $500. Date, July 1, 1902. Interest, semi-annual. Blank bonds to be furnished by purchaser. Certified check for $100 required. Bonded debt, including this issue, $36,000. Assessed valua tion, 1902, $1,142,210. Wm. A. Spencsis City Clerk. Raym ond In d ep en d en t School D istr ic t No. 49, Kandi yohi County, M inn .— M a tu r ity o f B o n d s .- T h e $10,000 4%% bonds, proposals for w hich are asked until May 28, w ill be issued in denomination of $1,(00 and w ill mature one bond yearly on July 1 from 1908 to 1917, inclusive. For term s of offering and other details see Chronicle last week, page 1053. Refugio County, T exas.—Bond Sale.—T he $5,000 bridge bonds m entioned in the Chronicle May 3 have been pur chased by the State School Board. R erelsto k e, B. C.—Debenture Offering.—Proposals w ill be received untilJ12 M.,JJune 6,|by(C. E. Shaw, City Treasurer, for $7,000 5% 25-year debentures. Date, May 15, 1902. Interest, semi-annual. R ichland C enter (W is.) School D istrict.—Loan Nego tiated.— This district has borrowed $9,000 from the State of W isconsin at 3$££ for 15 years. Rochester, N. H.—Notes A uthorized. —The City Council has authorized the issuance of $10,000 refunding school notes. Rock H ill, S. C.—B ond Offering.— Proposals w ill be re ceived at any tim e by C. S. May, City Treasurer, for $10,000 4% 20-ye8r bonds, the same to be sold “ by the first day of J u ly .” Denom ination, $1,000. Date, July 1, 1902. In terest sem i-annually at the N ational U nion Bank of R eck H ill. Rockport, Mass.— Loan Proposed.—At a recent town meet ing the Water Commissioners were authorized to petition the State Legislature for authority to borrow $25,000 for water extension. R o ck w a ll, T exas.—Bonds V o ted — The election held May 12 resulted in favor of issuing the $12,000 5% 5-20-year (op- NEW LOANS. NEW LOANS. $ 5 0 ,0 0 0 WINONA, MINNESOTA, R efunding Water Bonds. P ro p o sals will b e receiv ed u n til 8:30 O’CLOCK P. M., JU N E 9T H , 1902, by th e C ity Council o f th e City o f W in o n a, M innesota, fo r $50,000 R efu n d in g W a te r B n d s in d en o m in atio n s o f $1,000 each, d ated J u ly 1st, 1902. I n te r e s t will he payable sem i-an n u ally . P rin c ip a l w ill m a tu re $15,000 on Ju ly 1st in each of th e y ears 1929, 1930 an d 1931; a n d $5,000 J a n u a ry 1st, 1932. Principal a n d in te re s t payable a t th e N atio n al P a rk B ank o f New York City. B idders will s ta te r a te o f in te re s t fo r w hich p u rch a ser d esires bonds issu ed an d a m o u n t of p rem iu m offeree if any, based on such ra te . A d ep o sit of five (6) p er c e n t o f th e p ar v a lu e o f bonds bid fo r, e ith e r in m oney or certified check, on a b an k in th e city o f W inona will be req u ired . A ddress P A U L K EM P, City R ecorder, W in o n a, M innesota. P A U L K E M P, City R ecorder. $ 4 0 ,0 0 0 W ILMING-TON, DEL., S IN K IN G FUND LO A N . Sealed b id s will be receiv ed fo r $40,000 Sinking F u n d L o an o f W ilm in g to n , D elaw are, u n til 12 M., W E D N E SD A Y , MAY 28TH . 1902. B onds will d a te fro m J u n e 2d, 1902, in d en o m in atio n s o f $50 or m u ltip le s th e re o f, an d b ea r fo u r p e r c e n t in te re s t, p ayable se m i-an n u a lly on A p ril 1st an d O cto b er 1st, and will m a tu re $25,000 on A p ril 1st, 1927, fo r use o f Board o f S tre e t an d S ew er C om m issioners fo r im p ro v em en ts of s tre e ts, etc., an d $15,0oo fo r u se of th e B oard o f P a rk C om m ission fo r p a rk im p ro v e m en ts, m a tu rin g $6,900 on O ctober 1st, 1920, and $8,100 on A pril l^ t, 1927. All prooosals fn u st be accom panied by certified check, p ayable to th e o rd e r o f “ T h e M ayor a n d Coun cil o f W ilm in g to n ” to r tw o p e r c e n t o f th e am o u n t o f b onds bid fo r, an d th e sam e to be fo rfe ite d it th e b idder fails to ac ce p t an d pay fo r th e b onds aw arded, t h e successful b id d er o r bidders will be req u ired to s e ttle fo r th e bonds, v 1th accru ed in te r e s t fro m J u n e 1st, 1902, a t or b efo re 12 M., J u n e 9 th , 1902. T h e r ig h t to r e je c t an y an d all bids is reserv ed . A d d ress all bids in sealed envelo p es to S eth H . F e a s te r, City T re a su re r, m arked “ P ro p o sals fo r Sinking F u n d L o an .” A tte s t: SETIX H . FEASTER, City Treasurer, W ilmington, Delaware. Blodget, M erritt & Co., BANKERS, 16 C o n gre ss Street, Boston. 3 0 NAH8AU S T R E E T , N E W Y O R K . ~ STATE, CITY Sc RAILROAD BONDS. CITY OF ST. LOUIS IS S U E OF 3 ff0 PER CENT TWENTY-YEAR COLD BONDS. M a y o r ’s O f f i c e . St. L ouis, M ay 7 th , 1902. B y v irtu e o f O rd in an c e No. 20,641, au th o riz in g th e issu e a n d sale of b o n d s of th e C ity o f St. L ouis, se a le d p ro p o sals fo r th e p u rc h a se o f five m illio n d o lla rs ($5,000,0(0) in said b o n d s, h e r e in a f te r d e scrib ed , w ill be re c e iv e d a t tb e M ay o r’s Office, in th e City o f St. Louis, u n til 12 o ’clock, n o o n , OF T H E 2D DAY OF JU N E , 19(2, a n d p u b licly o pened by th e u n d e rsig n e d a t said place an d h o u r. Said b o n d s w ill b e d a te d A pril 1st, 1902, an d w ill each be o f th e d e n o m in a tio n o f $1,000 U n ite d S ta te s gold coin, pay ab le tw e n ty (20) y ea rs a f te r th e ir d ate, an d w ill b ea r in te r e s t fro m th e ir d a te a t tb e r a te o r th r e e 25ioo (3 25%) p e r c e n t p er a n n u m . S em i-an n u al in te re s t coupons, p ay ab le on th e 1 st d ay o f A pril an d O ctober, re sp e c tiv e ly , will be a tta c h e d to each bo n d , an d b o th bonds an d coupons w ill be p ay ab le to b ea rer, a s h e m ay elec t, e ith e r a t th e N a tio n a l B an k o t C om m erce, in New York, in U n ite d S ta te s gold coin, o r a t th e N atio n al Bank of S cot land, L im ited , 37 N icholas L an e, L o n d o n , England^ in p o u n d s S terlin g , a t th e r a te o f fo u r d o lla rs, eig h ty six cen ts, six an d one h a lf m ills ($4*8665) p e r pound S terlin g . T h e bonds will co n tain th e con d itio n th a t in p ay m en ts o f p rin cip al a n d in te re s t, th e U n ite d S ta te s gold d o llar an d th e p o u n d S terlin g will be ca lc u lated a t th e p re se n t s ta n d a rd o f w e ig h t a n d fineness. T h e bonds m ay be ex c h an g ed fo r reg istered b onds a t an y tim e. B id d ers a re re q u e ste d to s ta te in th e ir p ro p o sals tn e p rice offered p er bond, tb e p a r a n d p rem iu m to be s ta te d as one am o u n t. No bid will r e co n sid ered t h a t is n o t m ad e o n blan k fu rn ish e d by th e C o m p tro ller. P ro p o sa ls m u st be acco m p an ied by a c a sh ie r’s o r certified check, pay ab le to th e o rd er o f th e co m p tr o lle r (an d s u b je c t to his ap p ro v al), eq u a l to five (5) p e r c e n t o f th e n o m in al am o u n t of th e bonds bid f o r ; said d ep o sit to be re tu r n e d Im m ed iately if th e proposal is n o t ac ce p te d , o th e rw ise to be h eld su b je c t to fo rf e itu re to th e City in e v e n t of fa ilu re on th e p a rt o f th e b id d e r to com ply w ith h is pro posal, o r in case o f co m p lian ce to be re ta in e d as p a rt o f th e p u rch ase m oney. A d ep o sit in th e re q u re d a m o u n t, to tb e c re d it of th e C ity o f St. L ouis, in tb e N atio n al B a n k of Com m erce, In New Y ork.c n o r b efo re M ay 31st, 1902, w ill be accep ted as fu ll com pliance w ith th e re q u ire m e n ts re la tin g to deposirs. No in te re s t will be allow ed o n e a rn e s t m oney d ep o sited . P ro p o sals will be su b je c t to all tb e co n d itio n s an d re se rv a tio n s of th is a d v e rtise m e n t, an d m u st r e fe r to sarno as a p o rtion o f th e a g re e m e n t on th e p a rt o f tb e bid d er. P ro p o sals sh o u ld be enclosed an d ad d re ssed to th e u n d ersig n e d an d en d o rse d “ P roposal fo r P u rc h a se o f St. L ouis City Bonds.’* T h e u n d ersig n e d re se rv e th e rig h t to r e je c t any or all bids. T h e bonds will be d eliv ered ag a in st p ay m en t th e re fo r in c u rre n t fu n d s, a t ih e office o f th e Com p tro lle r in th e City o f St. L ouis on tb e 20th day of Ju n e , 1902,or. if th e b id d e r so elects in his proposal, a t th e N atio n al B a rk of C om m erce, in New York, on th e 21st day o f Ju n e , 1902. T h e opinion of M essrs. D illon & H u b b a rd , A tto r neys an d C ounselors a t Law, New Y ork City, as to th e v alid ity o f th e bonds, will be fu rn is h e d th e su ccessfu l b id d er by th e City. A sam p le bond can bo seen an d f u r th e r in fo rm a tio n o b ta in e d a t t h e office o f th e C om ptroller. HOLLA W E L L S , M ayor. JA M E S Y . F L A Y E R ,C o m p tro ller. 1HE 1106 CHRONICLE tion&J) watar bonds. The date for the eale of these bonds has not been determ ined, D, C. Fondren is Mayor. Koine, N. f , — Bond Election. An election has been called for May 22 to vote on the question of issuing $9 000 schoolbuildm g bonds and $6,000 bonds for the purpose of m aking connections between several of the present school buildings and the sewers, K je (N, ¥ .) U nion Free School D istr ic t No. 3 . —Bond Sale .—On May 19 §70,000 5 94-year (serial) gold bonds, dated July 1, 1902, were awarded to Farson, Leach < Co., & N ew York (m e only bidders) at 100*0625, Denom ination, *3 ,600. Interest, annual. St. H ila ir e ( A in u .) School D istric t. -Bond* Defeated.— This district has voted against the issuance of $5,500 schoolbuilding bonds. S a lisb u r y , Md .—Bond Offering.—Proposals w ill be re ceived until 12 m ,, May 29, by W illiam A. Ennis, Clerk, for $4,000 4 % tire-engine bonds. Denom ination, $590, Date, % June 1, 1602. Interest, annually. M aturity, $500 yearly from 1908 to 1915, inclusive, A uthority, Chapter 463, L aw s o f 1902. Certified check for $100 required. Sandusky, O hio.—iJow i Offering —Proposals w ill be re ceived until 12 m, , June 14, by A lex. M, W agner, City Clerk, for $13,000 4# refunding bonds. Denom ination, $1,0 10. D rte, March 1 1902. Interest sem i-annually at office of City Treas urer. M aturity. 18 years. Certified check for $1,000, p ay able to City Clerk, required. Saratoga S p rin gs, N. Y.—Bond Sale,—Ou May 21 $25,000 i.% sew er and water bonds were awarded as follow s : P u r c h a s e d by I . 11'. S h e rr ill, P o ’keevsie. I P w c h . b y W . W .A U e r d ic e .S a r . S p r in g s. $6,000 due low............ .............@100-40 | »5,00>due 1815 ...................@165-05 6.000 due 1013...........................@100-60 1 6,000 due 1810 .............. .„@l05-e5 6.000 due 1814....................,....@101-00 I Denom ination, $500. D ate, March 1, 1903. Interest sem i annually at the Adirondack Trust Co., Saratoga Springe. M aturity, $5,000 yearly on Sept. 1 from 1912 to 1916, in clu sive, Schneider School District, Riverside County, Cal.—Bond Sale.—On May 10 $5,000 school bonds w ere awarded to the Bank of San Mateo County, R edding, at 106*62. The bids follow : B’k of San Mateo Co., ked’Bg.16,331 00 I T. B. Poiter, Chicago...... .......$5,257 00 Oakland Bank of Sayings....... 6.82" 0 0 I s a a o Springer, Pasadena........ 5 , 2 5 1 1 6 W , J. Hayes & Sons, Cle»e__ 5,281 00 | H. C. Rogers. Bos Angeles 5,287 11 [VOL. LXXIV, P rincipal w ill m ature one bond of $500 yearly on Sept. 4 from 1903 to 1912, inclusive. Interest payable annually. Som erset County, Md.— Bids.—The bids received May 6 for the $18,000 school bonds are as follow s : W, j . Hayes & Sons, Cleve. ,..$20,658 I Bank of Crlsfleld.....................) 11 G. Stanwood & Co., Boston.,. 20,100 Savings Bank of Somerset Co. j $18,260 1. Trowbridge & Niver Co., Ohio.. 10,676 I Townsend, Scott & Sons. Balt.. 19.185 As stated last week, W . J. H ayes & Sons w ere the highest bidders. S o m erv ille, Mass.— Loan Authorized.—The Board of A l dermen has passed a resolution providing for an armory loan of $60,000 in case the land upon w hich the building w ill be erected is already owned by the city and $75,000 if land is pm chased for th at purpose. Southam pton , M ass. -L o a n Authorized.— This tow n has authorized a loan t f $7,000 for a new tow n hall. Loan w ill mature $500 yearly. South B eth leh em (P a .) S ch ool D is tr ic t.—Bond Sale.— O q May 16 the $89,100 4% 20-80-year (optional) bonds were awarded to the F, P. W ilbur Trust Co, of South Bethlehem at 108, South Omaha, Neb.— Bond Offering.—It is reported in local papers that proposals w ill be received until May 26 by the City Council for $3,500 10-year library site bonds. D e nomination, $500; dated Dec. 1, 1901. Proposals m ust be ac companied by a certified check for $300. Stanw ood (Io w a ) School D is tr ic t.—Bond Sate.—On May 2 $5,700 5%10-year bonds, dated May 1, 1902, were awarded to the Stanwood Savings Bank at par. Interest payable May 1 and N ovem ber 1. S to u ffv iile, Uni.—Debenture Offering,—Proposals w ill be received u ntil 6:20 p, m ., June 17, by A, G-, Brow n, Town Clerk, for $5,000 4% debentures, dated May 16, 1902, and ma turing part yearly for 15 years. U tica, N. Y.— Temporary Loan Bonds.—The $189,323 83 4% 1-year temporary refunding bonds, dated May 1, 1902, m en tioned in the Chronicle A pril 26, have been taken by the Savings Bank of U tica. These bonds, together w ith $10,678 17 cash now on hand, w ill be used to retire the $200,000 U tica Clinton & Bingham ton Railroad aid bonds issued J u ly 1, 1871, and w hich m atured last July, since w hich tim e they have been held by the South Brooklyn Savings Institution. INVESTMENTS. INVESTMENTS. 8 9 0 ,0 0 0 Geo. D. C ook C o m p a n y , MARION LIGHT & HEATING IN V E S T M E N T S E C U R IT IE S , Salle S t . , C o u n s e lm a n B u ild in g , 2 3 8 L a C H IC A G O . B r o a d E x c h a n g e B u ild in g , 25 B ro a d S I NEW YORK. Mexican Government a n d State B o n d s . M UNICIPAL AMD INVESTMENTS. N. W. H A R R IS & CO., CO & F ir s t M o r t g a g e B o n d s . % TOTAL ISSUE, $160,000. $8,000.........Jan. 1,1808 $7,000...... .July 1,1808 *7,000......... J u ly l, 1906 $8,000......... Jan. 1,1910 $7,000......... Ju ly l, 1007 17,000..........Ju ly l, 1910 $8,000........ Jan. 1,1908 *8,000......... Jan. 1.1911 $7,000....... Ju ly l, 1908 $7,000.........Ju ly l, 1811 $8,000.........Jan. 1,1909 $8,000, .......Jan, 1,1912 Net earnings, $35,600 on Electric Light Plant. New Heating Plant, recently put in operation. In cluded in mortgage. City of Marlon, Ind., Population, 22,000. Price to net, per cent. Public Service Corporation J. F . W IL D & CO., B an k ers, I n d ia n a p o lis , In d , BONDS. E, H. ROLLINS & SONS MASON, LEWIS & GO. BOSTON. San Francisco. D en v er. BANKERS, C H IC A G O , M on ad n oek B v lld ln g , MUNICIPAL R A ILR O A D C O R P O R A T IO N FARSON, LEACH & 00., Public Securities, C H IC A G O . NEW Y O R K . BOSTO N. M U N IC IP A L B O N D S . G . S t a n w & o o d C o ., BAN K ERS, 121 Devonshire Street. BO STO N . F. R . FULTON M 371 unicipal LA SALLE BONDS* C h o ic e I s s u e * . Street Railway and Gas Companies, L I S T ON A P P L I C A T I O N . P H IL A D E L P H IA . E. BO STO N , 6 0 D e v o n s h ir e S t, T . B. P O T T E R , BANK B B S, S I a n d 3 3 P I N E S T ., N E W Y O R K . CHICAGO. BOSTON. D eal e x c lu s iv e ly In M u n ic ip a l, R a ilr o a d a n d o th e r b o n d s a d a p te d fo r tr u s t fu n d s a n d s a v in g s . IS S U E T R A V E L E R S ' L E T T E R S OT CREDIT A V A IL A B L E I N A L L P A R T S O f T H E WORLD. Quotations furnished for purchase, sale or exchange. BONDS SUITABLE Savings Banks, T ru s t Companies, T ru s t Funds, Individuals, Rudolph K l e y b o l t e & C o . , 1 N A S S A U S T ., N E W Y O R K C I T Y . MacDonald, McCoy k Go,, M U N IC IP A L C O ., B onds, STREET, CHICAGO. ANS C O R P O R A T IO N BONDS. M U N IC IP A L and d / )U C O R P O R A T IO N 171 La Salle Street, Chicago. 172 Washington Street, CHICAGO, - ILLS. M U N I C I P A L and RO N T T T 3 L I S * ON A P P L IC A T IO N , CORPORATIO N Netting from 8 ^ to 6# always on hand. V I C K E R S & PHELPS, 15 Wall Street * New York. DUKE M. FARSON &CO. IN V E S T M E N T B R O K E E S , St., 115 D earbo rn C H ICAG O . Send for our Investment circulars. HIGHEST GRADE RAILROAD & FOR B O N D S , C H O IC E a% M I N N E S O T A BONDS, y ie ld in g n e t. Pull particulars uponlappHeatloo. H A R R Y B , P O W E L L & C O ., W o o ib io s k , V erm o n t, C. D. KNAPP, J R., & CO., B A N K E R S and D e a le r * In i n v e s t m e n t S e c u r it ie s , 31 N a ssa u S tre e t, NEW Y O R K C IT Y . 1 3 3 I.a S a l l e S tr e e t . C H IC A G O . THE CHRONICLE Ma y 24, 1902.J The oity holds stock of the said railroad com pany to the par valne of $200,000, but does not deem it advisable to sell it at this tim e, W alla W a lla . W ash.— Bond Election—-The C ity C ouncil has voted to subm it the question of issuin g $100,000 bonds for a w ater system to a vote of the people. W arren, M inn.— Bond Sale.—On May 12 the $14,000 30year electric lig h t and w ater bonds described in the C h r o n i c l e A pril 19 w ere awarded to C, C. G ow ran of Grand Forks at 105'357 and blank bonds. F ollow in g are the bids : C. C. Gowran. Grand F o rk s..tl4 ,780 oo I C. A. Boalt & Oo., W inona.. $14,100no MacDonald,MoCov&Co..Chic. 14,781 40 S. A. Kean, Chioaao...... .........J4.100 00 Stoddard, Nyo & Co., Minn... 14,600 (J I O W eber C ounty, U ta h .—Bonds Authorized. —The C ounty Board has authorized $80,000 bonds to refund part of an issue of $110,000 5< bonds su b ject to call J u ly 1, 1902. The re £ m aining $30,000 of the old bonds w ill be paid ou t of cash now on hand. W h ite C ounty, In d.— Bond Sale.—On M ay 17 $22,845 50 Round G rove T ow nship gravel-road bonds w ere a w ard ed to the N ational F ow ler Bank of L afayette at 101'454. W ich ita , K an.—Bond Sale.— This city has aw arded $5,500 1 year internal-im provem ent bonds dated M ay 1, 1902, to the A m erican Fire E ngine Co at par. W illia m sp o rt, P a .— Bonds Voted.—The election held May 13 resulted in favor of issuin g $81,000 Grafius R un conduit bonds. W illit s S ch ool D istr ic t, M endocino C ounty, Cal.— Bond Offering.—Proposals w ill be received u ntil 2 p . m ., Ju ne 2, by J. N . Rea, C ounty Treasurer, for $8,000 6% 1-10 year (serial) gold school-house bonds voted A pril 14, 1902. D e nom ination, $400. Interest payable sem i annually in IJkiah. Certified check required for 10# of bid payable to Chairman Board of Supervisors. W ilso n , N. C.—Bond Offering.— Proposals w ill be received u ntil 4 P. M,, Ju n e 2, by Jonas O ettinger, Treasurer, for $12,000 coupon graded school bonds. D enom ination, $1,000. Date, J u ly 1, 1902. Interest sem i-annually in N ew York City. M aturity, $1,000 yearly on J u ly 1 from 1904 to 1915, inclusive. W in ch ester, M ass.— Fond Sale. —The $12,000 3 ) ^ waterfund bonds w h ich w e stated last w eek had been sold w ere INVESTMENTS. awarded to N. W . Harris & Co., N ew York, at 105'155. F ollow in g are the bids,'; N. W. Karri* & Co.. Now York..l06T65 10. 11. HoIIIm A N o o k . Boston— ]06'00ll h Hlodget. Merritt, A Co.. Boston..103*01 Goo. A. Fern aid A < Boston..IOB‘02 !o., H. W H I T E & The official notice o f this bond offering will be fo u n d among the advertisements elsewhere in this Department. W oodlaw n, A la.— Bond Offering.—P roposals w ill be re ceived u n til 12 m ., Ju n e 2, by ,T. B. Helm . M ayor, for $25,000 D enom ination at op tion of purchaser. D ate, May 1, 1902 Interest sem i-an n u ally in N ew Y ork C ity. T otal debt w ill be represented by ab ove issue. Assessed v a lu a tio n , $510,000, R eal valu e, ab ou t $750,000. Certified check for \% required. Y oun gstow n , O hio.—Bond Offering.—The C ity C ouncil has authorized the issuance of $4,675 5$ M adison A ven ue as sessm ent bonds. Interest A pril and October each year. Ma turity, $467 50 yearly on October 1 from 1903 to 1912, in clu sive. Proposals for these bonds w ill be received u n til 2 p. m ,, June 16, by W m . I. D avies, C ity Clerk. P urchasers m u st b e prepared to take the bonds not later than Ju ne 23, the m oney to be delivered at one of the city banks or at th e office of the City Treasurer. A certified ch eck for 2% of the am ount of bonds bid for m ust accom pany proposals. Z eeland , M ich.— Bond Election.—A n election w ill be held May 26 to v o te on the question of issu in g $18,000 lig h tin g plant bonds. 5% 20 year gold coupon funding bonds. BANKERS, B r o o k ly n L ife B u ild in g , 51 Liberty Street, cor. Nassau Street, & W m * < CORDAGE § w M J g f i ; j. A E S P E C IA L T IE S THE GRAND PR IX C. H . W HITE & CO. v* t o . , Chicago, UlUnois. IN V E ST M E N T BONDS. LIS T . DENISON, PRIOR & CO CLEVELAND. 0O8TON. C H O IC E O K L A H O M A F IR ST M O R TGAGES STA N D A R D PAPERS They are the only American papers which have ever received this— the highest honor th a t can be aonferred. It means they are the most perfect made. Insist on having them for your fine corres gondenee and your office stationery. Are you using whiting’s .’ .Ledger Papers In you Blank-Book Samples and booklet free. W HITING P A P E R C O M P A N Y , H O L Y O K E . M A S S ., And 150 D u a n e S t r e e t , N e w Y o r k , M e n t io n th is p a p e r . Unlisted Stocks and Bonds. A l» o O ld D e f a u lt e d R R . B o n d * . D A V ID P FEIFFER , 18 Wall St. P. M u n n , M.D., P resident. B. Borg, BONDS. BROAD STREET. - NEW YORK. T R U S T COMPANIES. Maryland Trust Co., N . W . C orn er C a lv e r t nnd G erm a n S tr e e ts , B A L T IM O R E . C A P I T A L , - - $2,1125,000. S U R P L U S , - - $2,437,500. A Legal Depository for Court and Trust Funds. QENUIN W ELDED CHROME STEEL AND IRON SAFE DEPOSIT BOXES FOR RENT. ' Acts as Financial Agent to- States, Cities, Towns, Railroads and otner Corporations. Transacts a gen eral tru st business. Lends mon-y on approved security. Allows interest on special deposits. Acts as Trustee under Mortgages, Assignment s and Deeds of Trust, as Agent, for m e Transfer or Registration Of Stocks and Bonds, and l’or the payment of coupons, Interest and dividends. J. WILLI OX BROWN, President. HENRY J. BOWDOIN, 1st Vice President. LLOYI) L. JACKSON, 2d Vice-President. ,1 BERNARD SCOTT. Secy. & Treas. CARROLL VAN NESK, Asst.Secy. & Treas. Round and Flat Bars and 5-Ply Plates and Angle FOR SAFES, VAULTS, &c. Cannot be Sawed, Cut or Drilled, and positively Burglar Proof. CHROM E STE EL W O R K S, Kent Ave., Keap and Hooper Sts., Sole Man’f ’ers In the U.S. B R O O K L Y N , N, Y . Wm. A. Marburg. 11, j. Bowdotn, i .eopold Hi rouse, Henry Walters, w. ft. Brooks J r., Lloyd L. Jackson, If. A. Parr. Clayton C. 11a,It, SECURE BANK V A U LTS . S e n d f o r b o o k le t, a n d l a t e n t o f f e r i n g . W IC H IT A . KANSAS. YORK. A c tiv e a n d s u c c e s s fu l A g e n ts w h o d e s i r e to m a k e D I R E C T C O N T R A C T S w i th th is w e ll- e s ta b lis h e d a n d p r o g r e s s iv e C o m p a n y , th e r e b y s e c u r in g f o r th e m s e lv e s n o t o n ly a n im m e d ia te r e t u r n f o r th e ir w o r k , b u t a l s o mn i n c r e a s in g a n n u a l in c o m e c o m m e n s u r a te w i th th e ir su c c e ss , a r e i n v i t e d to c o m m u n ic a te w i th R I C H A R D E . C O C H R A N , T h ir d V ic e - P r e s id e n t, a t th e C o m p a n y 's Office, 9 7 7 B r o a d w a y , N ew Y o r k C ity . 40 W HITING’S On Improved Farms W IN N E M W IN N E , e HEW BROKER IN INVESTMENT SECURITIES. N e t t in g t h e I n v e n t o r « p e r c e n t I n t e r c u t . W lrine B u ild in g , OF G e o . G . W i l l i a m s , p res. Ohem. Nat. B a n k E . H . P e r k i n s J r ., P r. i m p . < T r a d . N at.B k. & J a m es It. P l u m , . . . . Leather C l a r e n c e H. K e l s e y , P r . T i t . o u a r . & T r . Co. Vi ax 523 W e s t e r n U nion B uilding , FOR J ohn C IT Y A s s e ts , o v e r # » ,0 0 0 ,0 0 0 . In su r a n c e In F o rc e, o v e r S 4 0 .0 0 0 .0 0 0 . S a n d s , SEND THE F I N A N C E C O M M IT T E E : THE A M E R IC A N M AN U FAC TU R IN G We beg to announce our removal COMPANY, from 7/ Broadway to the above 0 3 W A L L S T R E E T , N E W Y O R K . address on May 1st, 1902. 1902. The United States Life Insurance Co. IN m H ■ H A L 1860 . ROPE. m W tfl NEW YORK. % gucixDltl jstadiUr MISCELLANEOUS. IN V E S T M E N T S . C O ,, I Estatirook A Co., B o sto n ........10V02 | R. I,. I>ay A Co. Boston............. 104’78 I Adams & Co., Boston..................J0V7O | Blako Bros. A Co.. Boston.......... 108'81 BoDds m ature $6,000 N ov. 1, 1929, and $6,000 N ov. 1, 1930. W inona, M in n .—Bond Offering.—Proposals w ilt be re ceived u n til 8:30 P. M., Ju n e 9, by P aul Kem p, C ity R e corder, for $50,000 refunding w ater bonds. D en om ination , $1,000. D ate, J u ly 1, 1902. In terest sem i-an n u ally at N a tional Park B in k , N ew York C ity. M aturity, $15,000y ea rly on J u ly 1 from 1929 to 1931, in clu siv e, and $5,000 on Jan. 1, 1932. Interest rate on w h ich bids are based is to be nam ed in bids. E ith er m oney or a certified check for of the par value of the bonds bid for on a bank in th e city of W in ona required w ith bids. T R A N S M IS S IO N C. 1107 D IR E C T O R S : J.Willcux Brown, B. N. Baker, Fred’k W. Wood, Andrew I).Jones, Joshua Levering, James Bond, J. D. Baker, (LA. von Lingen, J. A. Tompkins, s. Mandelbaum, John Pleasants, J. L. Blackwell, Geo. C. Jenkins, John S. Wilson, J. s. Lemmon, L. F. Loree. THE CHRONICLE 1108 $ an ami Brokers ©tit at Hetu Uork. SOUTHERN. C H IC A G O . WYNDHAM BOLLING, B A N H .S E AMU B t tO H S H , U lO U a iO ^ D , V I R G I N I A . Southern Securities Virginia Bonds, Vlr^inla'Carollna Chemical Co. stock. Reference— Mechanics' National Bank, New York. Scott & Stringfellow , B iM K E B S , R IC H M O N D , V A . . Sew Y ock xch aase M e m b e r s ** New' Y o r k S lo tto nEE x c h a n g ,e . t o rk C Our Treatises on Louisville S Nashville, t Chesapeake S Ohio, NorfolkISt West t ern and the Consolidated Tobacco Co. will be furnished on application. Lancaster 8c Lucke, B a n k e rs a n d B ro k ers, HO? EAST MAIN STREET, R I C H M O N D , VA. D e a le r s in I n v e stm e n t S e c u r itie s. M ILW AUKEE. Bartlett, Frazier & Co., STOCKS AMO BONDS, GRAIN AND PROVISIONS . B A N K E R S A N » B R O K E R S , RICHMOND, VIRGINIA. E s t a b l is h e d 1800. C o rre sp o n d e n c e so lic ite d and in fo rm a tio n f u r n is h e d a b o u t S o u th e rn S ta te , M u u lcip al a n d B a lload In v e s tm e n t S e c u rities. Reference— Bank or New York, N. B. A. Oliver C. Fuller & Co. Bankers, NO. 7 NEW STREET, ■ NEW YORK. Dealers in Railroad and Corporation Chicago and Milwaukee. B O N D S . m em bers; NEW YORK 8TOCK EXCHANGE. CHICAGO STOCK EXCHANGE. CHICAGO BOARD OF TRADE. M ILW AU KEE, WIS. P R IV A T E W IR E S . ST. LOUIS. A. O. Slaughter 8c Co., B A N K E R S AND B R O K E R S , 1 1 3 - 1 IT L A S A L L E S T R E E T , C H IC A G O , IC C . f N ew Y o r k S to c k E x c h a n g e , icago t hange, M e m b e rs I C h w Y o rsk o c k E x cE x c h a n g e an d IN e Cotton (C h ic a g o B o a r d o! T r a d e . F r a n c i s ,B r o . & C o ., Edwin L. Lobdell 8c Co. 214 N. Fourth St. 8tock« and Bonds Davenport & Co., [V o l , LX X IV . T he Rookery,” ST . L O U I S . C H IC A G O , IL L .. (N S W YORK STOCK EXCHANGE.) MEMBERS < CHICAGO STOCK EXCHANGE. [ CCHICAGO BOARD OF TRADE. J M em bers N e w Y o r k , St. L o u is an d C h ica go S to ck E x c h a n g e e . B ay a i l sell on com mission local s e c u r i ti e s , also l i s t e d and unlisted securities In all principal markets. P E IV A T B W IR E S . W. H. Horine 6c Co., Whitaker 6c Company, (INCORPORATED.) Bankers and Brokers, 171 L A S A L L E S T R E E T , Successors to W H IT A K E R d HODGMAS, fc BOND AND STO CK B R O K E R S , 300 N orth F o u r th Street, NORFOLK, V A . C H IC A G O . S T . L O U IS . Members New York and Norfolk Cotton Exchanges. P riv ate W ire communication with L A B E N B U R G , T H A JL M A N N t& CO ., N ew Y o r k . WM. H. HORINE, late National Bank Examiner. Mottu, de W itt 8c Co., C O M M E R C IA L PAPER, B A LT IM O R E . _______ P I T T S B U R G . _______ B A K E R ,W A T T S & CO Otto Marx & Company, Henry Sproul 6c Co., BANKERS, Bankers* a n d B r o k e r s , S TO C K S A N D B O N D S , B IR M IN G H A M , . . ALABAMA. John W . Dickey, P IT T S B U R G , PA . N E W Y O R K O F F IC E , J o h n s t o n B u ild in g . MEMBERS NEW YORK, PHILA DELPHIA , CHICAGO AND PITTSBURG STOCK EXCHANGES AND CHICAGO BOARD OP TRADE. BROKER, AU G U STA, QA. S O U T H E R N SE C T T R IT JU B ik PH IL A D E L P H IA . E. W. Clark & Co., BANKERS AND BROKERS, N o . 13© South F ou rth St., P H IL A D E L P H IA . Transact a genera! banking business. Allow in terest on deposits. Members of th e Philadelphia and New York Stock Exchanges, and connected by private wire with New York, W. G. HOPFEK, H, S. H0FF2K, Members of Philadelphia Stock Exchange. N. Holmes & Sons, BANKERS, P IT T S B U R G , P A . CORRESPONDENTS; Bank of New York, N. B. A. F irst National Bank of Philadelphia, The Philadelphia National Bank. _______ F o u rth National Bank, New York. P I T T S B U R G , PA H82ABLIBHXD 1871. Whitney & Stephenson, BANKERS AND BROKERS, FR IC K BUILDING, Oldest Pittsburg Members N. V. Stock Exchange. 203 E. GERMAN STREET, BALTIM0BE, MB, Dealers iu Investment Securities m bm bbbs Baltlmokb stock ExoHAsrax Wilson, Colston 6c Co., Members of Baltimore Stook Exchange, BANKERS, 3 1 6 E a s t B a l t i m o r e S tr e e t, B a l t im o r e . Investm ent and Miscellaneous Securities a spec ialty, and whole issues handled. Exceptional facilities for dealings in all classes o± Southern Bonds. Loans on Collateral Securities negotiated. Charles B. Hoblitzell 8c Company, B A N K E R S AND B R O K E R S , H IG H G R A D E IN V E S T M E N T S . S O U T H E R N S E C U R IT IE S A S P E C IA L T Y . 2 0 1 E a s t G e r m a n S t., B a l t i m o r e , M d . BUFFALO. Wm. G. Hopper 8c Co., T. Mellon & Sons’ Bank, STOCK AND BOND BROKERS, 29 S o u th T h ird S tr e e t, P h ila d e lp h ia , PITTSBURGH, PA. GENERAL BANKING, COLLECTIONS, UNDERWRITING INVESTMENT SECURITIES. W alfi, Steele 6c Co., HA Battles, Heye 8c Harrison R O B E R T C. Exchange.L L , Member Pittsburg Stock Brokers and Dealers in Buffalo and Western New York Securities. Investm ents receive our special attention. Infor mation cheerfully furnished regarding present holdings or proposed Investments. Bankers and Bond Dealers, 135 S O U T H FOURTH STREET, P H IL A D E L P H IA . 7 1 B R O A D W A Y ', N E W YORK. 'Phone, 8818 Court. *45 F o a r tlC A v c ,, P lu s b u r g , P a . S p e c ia lis t in P it ts b u r g and W ester* P e n n s y lv a n ia S tock s. Hand-book of Pittsburg Securities mailed upon application. B U F F A L O , M. Y. M. S. SWAIN, Broker, A U ST IN , TEXAS. m i s ik Texas Bonds, Mineral, Oil and Ranch Lands