Full text of Commercial and Financial Chronicle : May 27, 1899, Vol. 68, No. 1770

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Q u o t a t i o n S u p p l e m e n t ( mopim^

S t r e e t K a ilw a y S u p p l e m e n t

I n v e s t o r s S u p p l e m e n t ( 0® ^ )

S t a t e a n d C i t y S u p p l e m e n t (^-Annua%

[Enter*.! according to A c t ot Congress, In the year 1 8 99, by the W il l ia m B. D.ih a Co m p

an t ,

In the offloe of the Librarian of Congress.]

SATURDAY, MAY 27, 1899.

VOL 68

C le a rin g * At—

W EEKLY.

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H I L U i q B . D A M A C O .W P A J M T , P u b l i s h e r * ,
P in e S tr e e t, C o r n e r o f P e a r l S tr e e t,

Post OrriCB Box 958.

MKttr t o i t K .

OLEA R IN G H O U SE R E TU R N S.

ST«w York...................... ......
M U a « A . . ____- ......... ....
Ofe!o**o,..............................
*f#w O rliiei.........................
a«T«a cities, 5 daye.^.-.
Other cities, 5 <Uy8......... .
Total all cIUm , ft days---All filUM, l d*r~~ — — ---Total ail eitlN for w«wi

W *k ffadinc May •?.
1899.
1896.
■1,033,*01,4 48 1 $577,177,354
74.478*604
lOS.3P6.lt9
58.011,3117
70,118,067 i
15,686,550
19.278,942
96.507,778
104,219.936 1
28,318,427
33.080,973
6,623,981
5,078,433
4l.363.474.8So' !
176,041.812 |

3850,510.95$
144,090.741

•lr$3$,4M,6«? 1 $904,007,690
307.030,386
300,601.757
«1,307,3 *» 081
fl,<U0 090.4*9

Keieruesoo.........
Saginaw..............
Kocaford.................
Hprlngtlaid. Ohio...
Canton...... .
Bar CUT+
Tot- Mid. W Mt'o
Sad F rancbto......
Par 0*nt. Bait Lake C U r......
Portland..,.****...
+79 ~9 Los Ansele*..........
Saattle .................
*43*0 Spokane..................

+19*3
+32*5
Kamo.......................
40 0 Bioux r*n *........ .
+9*3
Total Paclfle..,..+8*8 Kashas City........ .
+60-8
+331

Minneapolis............
Omaha........ ........ .
BL Paul— -...........

Joteph................
+64.8 8t*
flee Motne«
+44 8

+$JH

T h e f o i l d etails o f c le a rin g s f o r th e w eek co v e re d b y the
a b o v e statem en t w ill be g iv e n n e x t S a tu rd a y. W e ca n n ot,
o f cou rse, fu rn ish th em to-d a y, ba nk cle a rin g s b ein g m ade
up b y the various cle a rin g b oo s e s at n o o n on S a tu rd a y, and
h en ce in the a b o v e th e la st tw e n ty -fo u r h ou rs o f th e w eek
h a ve to be in all cases estim ated, as w e g o t o press F rid a y n igh t.
W e presen t b e lo w o u r usual detailed figu res fo r th e p re ­
v iou s w eek , c o v e r in g th e retu rn s fo r the p eriod en d in g w ith
S a tu rd ay n o o n , M ay 20, and the results f o r th e corresp on d in g
w eek in 1893, 1897 and 1898 are also g iv e n . In com p a rison
w ith th e p re ce d in g w eek there is a decrease in th e a g g re ­
g a te e x ch a n g e s o f one h u n d red an d e ig h ty -th ree m illion
dollars, th e loss a t N e w Y o r k b ein g one h u n d red and fo r ty n ine m illion s.
C on trasted w ith th e w eek o f 1898 the
to ta l fo r th e w h o le c o u n t r y s h o w s an in crease o f 4 + 8
per c e n t.
C om p a red w ith th e w eek o f 1897 th e c u rre n t
retu rn s re o o td a g a in o f 93'8 per o e n t, an d th e excess ov e r
i 398 is 91*7 p e r 0 9 « t , O u tsid e o f N ew Y o r k th e in cre a s e
ov e r 1898 is 20 3 per o e n t. T h e excess ov e r 1897 rea ch es 43-6
p er o e n t, and m a k in g com pa rison w ith 1898 th e g a in is seen
t o be 43’0 per c e n t

1890.

eW8

r
1.2*6 893,960
New York........ .
00.417.381
Philadelphia........
«»rr.07,224
2X873 801
Baltimore...............
6.015.807
2,534 >46
\Vaihmirton~..........
Rood ester.............
1,89831$
1,-60,133
1.024,172
Scranton.. . . . . . . . . .
Wilmington— .....
364,400
Bins hamton ,.....*..
Total Middle.-.. 1,396,031,806
l32,T80,96ft
6.900.700
PrnYldeac«« . . . . . . .
'1.404 S*H\
Hartford-.......... ...
l,«$4.<fcS3
New 11area............
1.141.632
SprtOtffieid..............
1,4*6,500
vvorcastar-.... . . . . . .
1,1*32/64
W(ft*7*J
Pall Hirer..............
•ttft.117
475.295
New Bedford..........
Total New En*+. - 140,666,178
127.100 1U
Chicago..................
lft.*dOjft&o
8,317.134
Detroit...................
8.03O.* 12
CI«teland........... .
ft,40l.7t«
Milwaukee.-.........
l.*CW,000
5i.17*.0i5
1.642,76?
Peoria ..............
1,792*624
1,104*053
1,023,100P\UU>

T h e fo llo w in g ta b le, m a d e u p b y telegra p h , e t c ,, in d ica tes
th a t th e to ta l b a n k cle a rin gs o t a ll th e clea rin g h ouses
o f th e U n ited States fo r th e w eek en d in g to -d a y , M ay 37.
h ave been |1,840,090,419, a g a in st 81,889,013,851 la st w eek and
f t , 302,238,OSt th e c o r r e s p o n d in g w eek o f la st y e a r.
Cix a b is o s .
S iu m i *» T«n*r*xA-

NO. 1770.
TFw* ending May 20.

jgltc C h r o n ic le .
P U B L ISH E D

(SemiAnnually}

Sloax C ity ............
Wichita-......... .Fremont...........
Hastings..*,
Tot. other West-.
8t. Louis................
.New Orleans..........
Cooler ill©...............
Oalreeton..,..........
Houston- . . . . . . . . . .
Savannah...............
Richmond..... . . . . .
Memphis.............. ..
Atlanta..................
Nash rllle-...............
Norfolk..................
Augusta...... ..........
KnoxrUJo.........
Fort Worth...........
Birmingham-.........

ft
766 408.401
?0.t7fc,79*
17.117/0*
18,236,822
4,317,640
2.0V4,t»5
1.0:0.27$
1.22ft.*75
028.820
770,707
34“.600
S U k A S lI
95 807.802
6.262,00,
S,S-i,l5i
1.305,070
1.327,7.-^
1601,126
ISuO.vOl
708,486
670.240
511.731
111,252,311
U7.247.704
12 Oft?.**
6.404,0*7
0.W5M.54J0
6,lifl,7t4
6 195,000
3.057.07*
1,607.071
3.140,764
a i ..« 7
712.03)
636.01-'
$75,071
4S8.G4V
$23.64
440.040
$84.07$
4$9»000f
*V3
374.6V4
147..0>6
Kftr.ftdft
2A4.460
*#,071
340,370
271,745
lttJ.151
107.0*33

182.036.8ft7
10,003.411
+10*. 166
1,8HZ.1-7
lAW.HCd
XOUC,J»<
Lfttt+99
467,200
608,016
256.670
66.7U9
39, ft*1/303
13,427^560
1.ZV0.166
4 4 0.45-7
4 54ft. 169
Z.Mue«7
S^WyQOO
LftTftJUO
768 .175
0J4.45V

10d.60r.WI4
14.871,*54
M4S.V71
1.007,8)1
1,363. -2b
1997,490
ov*. tv**
1.00ft,|o2
652,056
21M.746
8B.OWS
*3.6)6,000
11.364,40
lojftsp.uo
6 W6i,W3l
3.0.0.-0**
a.ft©t. o-?
3*393, U
1/42.1'+*
607,07 '•
709*104

698.V60
0*4,690
80.$40
141.874
40,65ft 849
53 4 9 W ?
7,464,347
7,8/2,929
$.270,100
2.468,71
2,07 4.4WH
3.00V, 497
L066 517
1.201.143
1,379,7 i4
1.036,660
631 a >3
607JW4
HU-I.72U
6$ LI 96

058.90
6.8.21*
101,184
123.27
ft),31H,6wO
97*581,010
7.2H7.U2
6 « 43,91*
2 02 4.500
2.200 JIB
1.817,• 57
3,138,7 26
l.HM.fW:
1,146,6.12
1 051 16C
051,1-8
0C0.Jb6
600/60
004,3*8
406,346

1600.
P. C t n l
t5 ii
+28*8
ifrS3
+ 2d4
tiSTf
+26 ft
+ l« Y
—6 2
+10*9
+ 13*5
+071
+00*1
+38 6
+ 313
+0*»
+ 2 ft
+38*1
—0 3
-—ft 0
+ l» 0
+97'®
—12**
+36*3
+ 00
+13*2
+«0 0
+tB 3
-d a
-0*1
—ft3 1
+8U-4
'ffty<
+ 1*4
+42*6
•H-d 3
t25*0
—A y
—3 i
-rZ3*7
flB.3
•«*•
+0*f
+97-V
-t-52'C
—15 8

1897
ft
636.402,060
69,070.09?
14.1*89,601
12,812,222
4.385 004
1.872.403
1.5Si,0S7
002/125
742,873
006.850
330-80.*
034,701.80$
96,376.570
6,151,400
2.170.M?
1.2610*1
ijne.wss
i,u;& .tii
1.244,0.7
770,121
088,108
410,128
ios,oc;,SNi
!'SIS70,167
la,MM, 1 6 0
5.481.808
8.1’64.411
4.010.071
8.ML600
8,849,4 m
1.870.7WI
1.428 ii11
719.87k
660,309

205.087
$33,90*)
$73,710
22» 820
204.077
198.CU9
U8.834

18ffl
535.807.640
C9,815,6+8
14,196.242
4 817,079
1,Bid.403
1,411,755
1.081/05
820,093
792,359
314,600
684.970,938
59,840,006
4.637;iO0
2.110.325
1.453,133
1.289,042
1,251,081
1.324,135
837,154
040,007
600,312
103.7S0.3S4
80,740.580
11,467.460
6,817,960
6,919,026
4,113,210
3.740,000
2.285,170
1.708,789
1/08,847
795,616
606,131

310,485
218.000
839.107
210 860
204,000
100,180
168,103

+26 S
+ftl‘*
—36*3
+$4*7
+0*8
—10*0
—25*0
+ 1 .J
+26 *
-M *
+15*7
+20*4
+23’*

1*3,470, ftil 125 900,683
11,780,307
12,017/07
1.275,007
l.$O70Ml
030 M y
851,078
1.161,014
1,0* 6.001
607,700
to i.OOO
475.068
600,034
480.017
481.788
628,540
i.tu.Oo ■
107,173
126,010
78,040
41,68
17.0-37.678
17 800,021
9.162,421
1L352.308
7,204.248
0.320.947
4,422,106
4,406.100
4,381.713
IWi ft.631
2.084 316
3,4^0,086
1,143.413
1,400,000
1.007,867
01VJ 4» 0
615 623
487,060
4*8.868
51)0,787

—0*4
-25*5
-2 a ’ 0
—1*6
-1 0
+21*4
+ 2*7
+21*3
+ia-a
t< $
+ 103
+<0 7
♦0 0
+12*0
+80-0
+7*0
—12*9
+ 10*2
-1 0 8
+33 4
+3'l
+<6i
+6-*
+10T
+17 (
+40 6
+20 3
+23 «
+ 10.2
—»h*2
-6*2
+»'0
+9 3

430.696
4 29 ft'iS
50 1<+
71 ?48
83J4&OB7
24 6*38,884
6.SC0.310
6.388 962
3.075,850
2.109,416
1,73:*>20
2,027.956
1,420.680
1.166,233
016.455
8*. 0,205
603,287
411,483
520.1 3
352.663
4&7,OOf>
250,080
976,000
19VJ4.
62.121,276
970(821,180
434,418.1W
11,897,260
7 278.193
1 2 ft,09fc
1,047, <71
501.442
604.092

T

tM*S
r 46*r

417,390
461,488
48 071
61.504
31.005,730
21.723,943
7.878.070
4,810,553
1.0 0,760
1.000,229
1.749,109
1 972,643
1,026.304
031,422
701.308
848/05
611,274
473.400
661,883
40:1,042

270.271
Little Rock......... .
403.260
277,773
ChaManoofla-.......
2-0.000
867*304
3l8.S»l
100.110.
Jacksonville...... .
WJ\. 014
aitViss
Total Southern...
&»3lv,Z»»
48.466,^4
68,$12.167
Total all.............. 1+09,018, **1 1.974 700.388
976.000.650
439 133.016
633.720,601 518 390,805
Outside N* York
17.107.1O3
10 090.877
15 121.294
0,294.075
7,181,353
y 0 0. M2
896,193
$.123,800
l 623.701
l.v-li.UO
1,046,902
1,179
003,209
609,301
730.8ft I
015,081
A...
s n .u s
Bt. John..................
631,812
7HP,933
8>*,07^irr9
2 5 . 3 **+86
+147
22.031, $67
10 000.408
Total Canada......
• Not included In totals. + Publication discontinued. 4 Cl. House discontinued.

THE

99K

C H R O N IC L E .

[Vol, LXVIII.

of currency reform. As we look at the matter this
opportunity for successfully pushing real cur­
rency reform ’ is, for obvious reasons, more
A new number of our Str e e t R a i l w a y S upple ­ auspicious
than auy the country haB ever ex­
m en t , revised to date, is sent to our subscribers
to-day. The editorial discussions in the S upplem ent perienced; that fact, too, serves to make the present
effort to formulate a bill to be submitted by the party
embrace the following topics—
in power at the coming session the most important
LOSS O F P O W E R IN O P E R A T IN G C A R S.
and critical work a Congressional committee ever
C O M P R E S S E D -A IR S T R E E T C A R S
undertook. We do not consider that our words ex­
S T O R A G E B A T T E R IE S .
aggerate
the situation in the least, hor the power
T R A C K C O N S T R U C T IO N IN C IT Y ST REE TS.
appears to rest with these two committees which are
S T R E E T R A I L W A Y L E G IS L A T IO N .
to meet on the 9th of June to secure a currency ar­
F R E IG H T S E R V IC E ON E L E C T R IC R O A D S.
rangement for the United States which will answer
C A R -P L A T F O R M V E S T IB U L E S .
the needs of our people in every section, and be at
C O P P E R A N D A L U M IN U M A S C O N D U C T O R S.
all points thoroughly sound in principle. If that
C A R -W H E E L M IL E A G E .
is done the currency can no longer disturb our in­
dustries, and an export of gold from New York will
have no more effect on business interests than an export
THE F IN A N C IA L S ITU A T IO N .
The week opened with no important change in of gold from London would have on its affairs.
matters affecting Wall Street affairs, and yet the It is hardly fair to criticise the work of these com­
stock market was depressed and declining. This may mittees until it is completed and known. And yet
have been due in some measure to the continued the occasion is so big with promise we cannot help
unfavorable reports respecting the winter-wheat crop. urging those who have the matter in hand not to
Aside,’ though, from those reports, an incident which come short of the public's expectation and the
had a tendency to produce the condition referred to country’s needs. Statements have been published of
was the extra session of the Legislature at Albany what it is claimed the House Committee has agreed
and the proclaimed object for which it met. No upon, and if they correctly represent the action
doubt the Ford bill has been a formidable obstacle to taken, they certainly will fail to provide a cure for
progress and enterprise, and to amend the bill so that our currency weaknesses. We have no fear to-day
it might be less obstructive was extremely desirable. because our gold reserve is safe-guarded by a
Consequently the varying rumors afloat early in the large trade balance, because the country’s currency
week as to the probable course of the legislation, needs are not taxed, and because confidence and
whether the action promised to be favorable or un­ not distrust is the prevailing sentiment. But there
favorable, would be likely to exert a capricious influ­ is no guaranty for the perpetuity of these conditions.
ence on dealings and to keep the market unsettled. They have existed before, and changed in a marvel­
But later, although it looked as if any doubt ously short time. What is required now is not a
as to the passage of the amendments had been currency system to meet the surroundings of to-day;
removed, still the trend of prices, except for almost any patched-up affair would carry us through
railroad investment stocks and bonds, continued the remaining months of 1899. The demand is for a
downward. No one, of course, anticipated that system which will successfully act when conditions
the changes contemplated in the character of the opposite of those ruling to-day shall prevail. It
the Ford law would bring back Stock Exchange busi­ is against a coming loss of confidence, loss of gold
ness to its former state of buoyancy. Even the repeal and a possible panic we are to make provision.
of the measure could not have caused such a complete
restoration; for before its passage the public idea of The State of North Carolina has this week dis­
values had already begun to contract and grow less posed of an issue of bonds on a very low interest
sanguine, while since its passage the semi-panic of basis. It has sold $110,000 of 4 per cents at a pre­
Saturday two weeks ago put it beyond the power of a mium of 9'275 per cent, At this figure the yield to
large class of the more venturesome “ to whoop it up” maturity is only 2'924 per cent per annum. In the
again. As soon, however, as the amended measure case of a Northern State or municipality such a small
passed the Senate Thursday the market im return to the investor would be by no means unusual.
proved; later the bill passed the House and the As a matter of fact, this very week the State of
Legislature adjourned. In its new form the fran­ New York has placed a 1500,000 issue of bonds on a
chise tax bill is very much less objectionable than the basis of only 2*826 per cent. But for a Southern
original proposal. What its effect will be when put State such a rate as that mentioned naturally attracts
in operation on the companies it reaches must depend attention. The bonds went to a local institution,
largely upon how it is administered and upon the the Wachovia Loan & Trust Company of Winston,
construction the courts may give its provisions. It is but there weie no less than fifty-one bids from thirtya fortunate escape that enterprise has not the origi­ six bidders, including a number of leading deal­
nal bill to contend with.
ers in municipal bonds in the North. There
were some distinctive features about these bonds
It is reported that the committee appointed at a which may possibly have tended to enhance the
caucus of the Republican members of the House of price. Like the other North Carolina bonds out­
Representatives, held near the close of the last ses­ standing, th# new issue is exempt from all taxa­
sion, has agreed upon a currency measure, and that tion, “State, county and municipal, general and
Senator Aldrich has called together the Finance special,’’ and as in those cases, too, the coupons
Committee of the Senate to meet in this city June 9 are to be receivable “in payment of all taxes,
for an informal conference with the House Commit­ debts, dues, licenses, fines and demands due the State
tee and for the purpose of framing a general measure ' of North Carolina.” But North Carolina’s credit has
STREET

RAILWAY

SUPPLEMENT.

May 27, 1889.]

TH

CHRONLCLE

been good for some time, and except for that fact the
issue could not have been disposed of on such favorable terms. Every one who has the interests of the
South at heart will rejoice that one of her common­
wealths should find it possible to borrow money so
advantageously.

997

tion in connection with the payment of„thei Philippine
indemnity of $20,000,000 The deposits of the^bank
are $145,478,200, the loans are $97,562,300 and the
specie holdings are $48,573,100.
This plethoric condition of the associated banks ae
a whole has been reflected in the easier tonejf or money
on call and on time this week. Not only has the City
Bank loaned liberally, but all the banks in the asso­
ciation, as well as the trust companies, have been
free lenders of money, resulting in low rates'on'call £
and at the same time offerings of money for fixed
periods, even for long dates, have been abun dank.
The tendency is not only downward, but there is'n
feeling in banking circles that low rates will con­
tinue for the remainder of the season. Among stock
houses this feeling also prevails, and this is reflected
in the comparatively light inquiry for short-time loan*
on Stock Exchange collateral, indicating that borrovrers are content to supply their wants from day today
rather than to make engagements for fixed perieds-

A very noteworthy feature in the existing situation
is the uninterrupted way in which the earnings of our
railroads are being enlarged. We are now comparing
with heavy totals, and the grain movement is not
anywhere near the proportions of that of last year,
and yet further gains are being recorded in 1899 on
top of the gains for 1898. For the second week of
the month our compilation on another page shows 3'53
per cent improvement over the corresponding week
in 1898; this follows no less than 16-64 per cent gain
over the same week in 1897. For the third week of
May a preliminary statement which we have prepared
indicates 6‘95 percent increase. In 1898 our complete
exhibit for that week recorded Id-99 per cent increase.
The further additions the present year of course reflect Money oir call, representing bankers’ balances, haw
the activity of trade, which operates to swell the loaned at 4 per cent and at 2 per cent during the
general and miscellaneous freight of the roads, on week, averaging 3 per cent. On Monday loans were
which rates as a rule are good. In the case of some at 4 per cent and at 24 per cent, with the bulk of the
of the smaller roads the ratios of gain are exception­ business at 3 per cent. On Tuesday and on Wednes­
ally heavy. Thns, the New York Ontario & day the transactions were at 3^ per cent and at 2£ per
Western earned in the third week this year 186,171, cent, with the majority at 3 per cent. On Thursday
against only 162,906 in the same week last year, an and on Friday loans were at 3 per cent and at 2 per
expansion of over one-third. Of course the Ontario cent, with the bulk of the business at 2$ per
& Western is now getting an increased tonnage in cent. The Stock Exchange will be closed oat
anthracite as a result of the additional coal lands re­ Monday and on Tuesday of next week, the last
cently purchased in its interest. But take a road in a named being the Decoration Day holiday, and
totally different part of the country: the St. Louis therefore the borrowing on Friday was until
Southwestern reports for the third week gross of $89,- Wednesday of next week. Banks and trust companie*.
000, against $68,600, the latter being slightly below the quote 2^ percent as the minimum, though the major­
figure for 1897. Here, too, therefore, the increase is ity loan at 3 per cent. Time contracts on good mixed
not far from one-third. Some very good returns of Stock Exchange collateral are quoted at 3 per cent for
net earnings for the month of April have also come to sixty days to four months and 3^ @ 4 per cent, for
hand thi3 week. Taking several of the roads at ran­ longer periods. Loans have been made this week at
dom, the Central of New Jersey for that month reports 3$ percent for six months on dividend-paying railroad
net of $411,946, against $298,035; the Southern Rail­ stocks; at 3f per cent for the same time on good
way, $528,505, against $472,159; the Pittsburg Cincin­ mixed collateral, and at 3 per cent for four months on
nati Chicago & St. Louis, $284,811, against $215,835; railroad bonds. A trust company is reported to haw
the Chicago & Eastern Illinois. $142,651, against $100,- made a loan at 3$ per cent for seven months on dividend­
712; the Hocking Vralley Railway Company, $69,- paying railroad stocks. These rates would seem to in­
139, against $46,453; the Erie, $612,035, against dicate that 3| per cent is really the maximum rate for
$553,614; the Atchison $1,145,582, against $798,434, time loans running to the end of the year, provided
and the Buffalo Rochester & Pittsburg, $142,111, the collateral consists of an assortment of good railroad
against $109,441.
properties. Where the security embraces an admix­
ture of good industrial stocks, loans can be made at
Last week’s bank returns showed a reduction of 4 per cent for from three to six months. Collateral
$7,243,900 in loans, while the specie was increased of a lower grade will naturally command a higher
by $6 $39,300 and the gain in legal tenders was $1,- rate. The commercial paper market is insufficiently
145,500. The specie at $203,183,600 and the total supplied and the offerings of dry goods paper are
reserve at $260,213,000 were the highest on record. quite limited. At the same time there appears to be a
The deposits gained only $763,600, standing at $902,- fairly good supply of grocery paper. The demand for
325,900, but this total is within $12,484,400 of the paper seems to be urgent in the city, and it is very good
largest ever reported. The surplus reserve increased from out of town, Chicago and other Western cities bid­
$7,493,900, to $34,631,525, whioh is within $4,600,- ding as low as 3J per cent for four to six months’single500 of the maximum of the year, and there has names. Quotations are 3£ per cent for sixty to ninety
been a gain in this item of $15,279,575 since May 6. day endorsed bills receivable, 3f@4£ per cent forOne notable feature of the detailed statement was prime and 4i@5 per cent for good four to six month*’
the gain by the National City Bank of $3,547,800 in single names. Banks having large correspondence
loans, of $8,900,500 in deposits and of $4,751,190 in report no specially new feature. Business condition*
specie. This makes a gain by this bank, compared in almost all branches are good, money is plentiful
with the statement of April 29, of $16,010,200 in and hank reserves are increasing. Some gold ha*
loans, of $34,484,300 in deposits and of $17,153,400 in been received from near-by cities.
specie, reflecting in part the operations of the institu­

998

THE

[Vol. LXVIII.

CHKONJCLE

There had been no feature of importance in the
European political situation this week. The new
Japanese loan, which will soon be floated in London,
is for £10,000,000. It will bear 4 per cent interest
and the issue price will be 90. A new Argentine
loan, bearing 6 per cent interest, is expected to be
issued soon. The Bank of England minimum rate of
discount remains unchanged at 3 per cent. The
cable reports discounts of sixty to ninety-day bank
bills in London at 2|@24 per cent. The open market
rote at Paris is 2 i per cent and at Berlin and Frank­
fort it is 3} per cent. According to our special cable
from London the Bank of England lost £484,515 The following statement gives the week's movement
bullion during the week and held £29,717,471 at the money to and from the interior by the New York
close of the week. Our correspondent further ad­ ofbanks.
vises us that the loss was due to the import of £11,000
from Australia and to the shipments of £496,000 net
sent to the interior of Great Britain.
D A IL T P O S T E D R A T E S F O R F O R E IG N

EXCHANGE.

Mo n .. T o m .. W lB .. TaO R ., F r l ,
May 19 May 22. May 23. May 24. May 25. May 20.
8 6*
88*
66*
6 8*
86*
H8*
86
£8
86
88
96*
8 8*
8 6*
88*
60
88

4 20*
188*
4 se*
4 8 8*
IS O *
1B 8*
4 80
4 88
4 80
4 4-8
4 «6 *
4 38*
4 86*
..asard Frerea... ( 81gbt.... 4 8 8*
5 60 daya. 4 ee
o f Canada...... \ Bight.... 4 88

(60 day*.
Brown Bros........ <Sight....
5 60 days.
Baring,
Magoun & CO.. ( S ight....
160 days.
No. Am erica.. 1 Sight..-.
(00 days.
M on treal........ \ Sight....
(00 days.
o f Commeroe.. i Sight....
Qetdelbach, Ick- (60 days.
elhelmer k Co \ Sight....

86*
88*
80*
88*
86*
8 8*
80
88
80
88
86*
88*
86*
88*

86*
88*
80*
88*
8 0*
8 8*
80
88
8 6*
88*
§»*
8 8*
80*
8 9*

88*

2 2*
8
8*

8 6*
88*
86*
88*
86*
68*
80
88
so*
6 8*
66*
88*
6 6*
68*
8 6*
68*

Received by Shipped by
li. 7 . Banks. N. 7 . Barite.

Week Bndino May 26, 1899.

«> *
88*
86*
8 8*

86
88
86*
88*
8 0*
8 8*
80*
88*
86*
88*

N et Interior
Movement.

66,247,000
2,654,000

$2,748,000 G aln .63,499,000
708,000 Gain. 1,940,000

68,901,000

13,456.000 G aln .65,446,000

The foreign exchange market was firm the first
of the week but easier later. The feature of the With the Sub-Treasury operations the result is as
week has been the absence of commercial bills. This follows.
has been in part due to the labor troubles at Buffalo,
which have interfered with the movement of grain
from that point. The strike ended on Wednesday,
and exchange was easier and lower on that day and
on Thursday. There was no apparent connection be­
tween the two movements except it might be a belief The following table indicates the amount of bullion
that the end of the strike would result in bringing a in the principal European banks.
better supply of bills. The demand for remittance
has been sufficient to absorb the offerings of bankers5
bills, leaving the market quite bare. Much of the
inquiry is due to mercantile remittances for manufac­
tured goods and also for raw material, such as sugar,
rubber and coffee. There is also an increasing de­
mand for traveler's credits, and it is expected that the
inquiry for these will be large next month. Receipts
of gold at the Custom House during the week
^mounted to $475,314, of which $289,000 was from
Europe.
The range for nominal rates for exchange has been
THE CONFERENCE A T TH E H AG U E.
from 4 86 to 4 86£ for sixty-day and from 4 88 to
4 88£ for sight during the entire week, nearly all of We dare say that a good many readers of this week's
the drawers posting the higher figures after Wednes­ despatches from the European Peace Conference have
day. Rates for actual business opened on Monday at been disappointed at the meagre results attained or
an advance, compared with those at the close on Fri­ foreshadowed. The sessions of the Conference have
day of last week, of one-quarter of a cent, to 4 85^@ not been public, and the delegates have taken some
4 85$ for long, 4 87£@4 88 for short and 4 88^@4 88| pains to prevent their full deliberations from being
for cables. The tone was strong with a good demand. known. From what has been disclosed, however, it
On the following day rates for actual business in long seems to be pretty generally agreed that the so-called
sterling advanced one-quarter of a cent, to 4 85f@ disarmament plan will not succeed in attracting the
4 86, but no change was made either in short sterling joint approval of the various States.
or in cables, the tone for them being simply firm. On At first sight it would appear from this that the
Wednesday the market grew easier in consequence of Peace Conference had failed of its original purpose,
a lighter demand, and rates for actual business fell off even in advance of formal discussion. The Czar’s
one-quarter of a cent all around, to 4 85£@4 85f for diplomatic note, submitted last August to the foreign
long, 4 87i@4 87J for short and 4 88@4 88J for envoys at St. Petersburg, and used as the basis for
cables. On Thursday there was a further reduction the conference which assembled on the 18th of this
of one-quarter of a cent for long, to 4 85£@4 85£, while month, dealt with no other subject than an interna­
short and cables remained unchanged and the tone tional agreement to check the increase in modern
was easy, so continuing on the following day. armaments. The Czar declared, through his Minister,
The market closed easy on Friday, with rates for Count Muravieff, that under the present system of
actual business 4 85i@4 85£ for long, 4 87£@4 87f constantly increasing armaments “ labor and capital
for short and 4 88@4 88£ for cables. Commercial on are diverted from their natural application,” and
banks 4 85@4 85^ and documents for payment 4 84£ “national culture, economic progress and the produc­
@4 85R Cotton for payment 4 84^@4 84$, cotton for tion of wealth are either paralyzed or checked.” The
acceptance 4 85@4 85^ and grain for payment 4 85 ! assembling of an international conference was pro@4 85£. The following shows daily posted rates j posed by the Czar “ to put an end to these incessant
for exchange by some of the leading drawers.
armaments and to seek the means of warding off the
Total gold and legal tenders.......

Week Bndino May 26, 1899.

In to
Barite.

Banks’ lnterior movement, as above
Sub-Treasury operations....................

$8,901,000
16,800,000

Out 0/

B ante.

N et Change in
Bank Holdino*>

$3,456,000 G ain.65,445,0 0 0
18,000,000 Loss. 1 ,2 0 0 ,0 0 0

T otal gold and legal tenders........ $25,701,000 $21,456,000 Gain. 4 ,2 4 5 ,0 0 0

M m 20, 1808.

May 25, 1899.

Bank of

Gold.

*
29,717,471
Bngland......
73,523,895
France....
Germany...... 30,000,000
R u s sia ........ 90,093,000
Auat,-Hung’y 30,024,000
Spain............ 11,859,000
I ta ly ............. 15,419,000
Netherlands. 3,835,000
Nat-Belgium. 3,085,000

Silver.

Total.

X

X
29,717,471
122,116,065
40,403,000
101,211,000
48,030,000
24,077,000
17,902,000
10,605,000
4,627,000

48,592,170
15,797.000
5,113,000
12,000,000
12,818,000
2,543,000
0,770,000
1,542,000

Gold.

Silver.

X
&
37,191,952
74,790,174 49,083.988
28,353,000 14,600,000
111,955,000 4.488,000
34,930,000 12.502 000
9,834,000 4,805,000
15,254,000 1,855,000
8,858,000! 6,958,000
2,830,000 1,430.000

l o t* i

*
37,191,952
123,874,102
42,959,000
130.443,000
47,492,000
14,439,000
17,109,000
9,810,000
4,290.000

rot.fchls week 300,227,306 105781170 400,008,536 318,020,126 95,581.988 413,008.114
T ot.p rev.w ’k 293,086,881 104016170 402,702,051 317.198.040 90,121,500 413,319,612

May 27, 1899.]

THE

C H R O N IC L E .

calamities now threatening the whole w orld;” and
this he described as " the supreme duty to-day im­
posed upon all States.”
Now this was quite distinct and intelligible, so
far as concerned the ends and purposes of the confer­
ence; but it has hardly needed one week of discussion
to show that the Czar’s wish is not likely to be grati­
fied. If the result, however, disappoints the intelligent
observer, it will at least not surprise him. No arrange­
ment of this nature would be feasible without the en­
dorsement of at least the five important States of Europe.
But as soon, last year, as the problem came to be practi­
cally discussed, it was apparent that few, if any, of
these governments were willing to take the chance of
an abandonment of the existing plan. Bismarck held
that peace could be assured only by maintenance of
an armament so formidable as to make attack by
any other State too dangerous an experiment to
be rashly tried. In applying the theory of the
German statesman, each European
government
has carried his reasoning one step further, and has
undertaken to maintain an armament actually
strouger than that of any rival. Within the past
three years Great Britain, long exempt by reason of
its isolated position from competition of this sort, has
entered the lists with the avowed determination to
maintain a fleet as powerful as those of any two other
States combined. This rise of the English armament
has without question been the most important factor
in the European politics of the day. On at least two
occasions— in the early days of 1896 and in the Fashoda episode of a few months ago— it is altogether
probable that England’s show of naval supremacy
turned the scales in a diplomatic crisis. Further­
more, the plan of an enormously increased sea arma­
ment was heartily approved by the British people.
The very Finance Minister who had the most profuse
apologies to make for the burdens of his budget took
refuge in an appeal to the service done for English
interests at a crisis by its increased sea power, and
the excuse seems to have been accepted.
It was hardly, then, to be wondered at that the earli­
est and bluntest words of scepticism over the Czar's
proposal last August should have come from English
politicians. It is highly probable that the English
delegates at The Hague are so restricted in power and
discretion that their attitude fails to holp even in a
plan for limiting increase in the armaments. The
German position has been indicated not only by infer­
ence in the Emperor’s well-known sentiments, but in
the open statements of German publicists against the
feasibility of the plan. The attitude of the other
powers is more uncertain; but since the project could
obviously be carried out only through the unanimous
endorsement and co-operation of the first-class States,
it is plain that a negative from either of the Powers
referred to would for the time make negotiations
futile.
But we do not by any means infer from this fact
that the philanthropic movement of the Czar is hope­
less. On the contrary, we are inclined to think that
some elements of promise may be found in the very
fact that Great Britain is believed to stand at present
in the negativo. The most obvious difficulty in the
way of any international treaty in this matter lies in
the double doubt, justified or unjustified, first, over
the purposes of the appeal for disarmament, and sec­
ond over the possibility of enforcing the plan with
mutual good faith.
We do not yet know, and

999

possibly the English Government does not, what
definite offers in its own behalf the Russian
Government has to make. Until this is known;
the skeptics who point out Russia’ s present
unfavorable position in finance and industry as
the motive for its international retrenchment plan
are likely to get a hearing. Nor does any one seem
yet to have proposed a feasible guaranty for interna­
tional good faith in the execution of the plan. That
a nation in Great Britain’s somewhat peculiar situa­
tion should wait to make sure of Continental Europe’ s
purposes before reversing absolutely its own policy is
by no means a proof of hostility to the general plan.
Certainly the English Government and people are not
holding their present position for ambitious pur­
poses. They are a peace-loving nation, a nation hos­
tile to war, devoted to industry, and watchful beyond
any other European Power of the strain upon their
exchequer.
Their devotion to the sea armament
arises from an instinct of self-defense; from which it
follows that if a practicable scheme for achieving the
Czar's ideal can ever be contrived, such opposition as
exists in England would certainly be removed. As
we take it, English objections to the plan of disarma­
ment rest not on the principles of the project, but
on the feasibility of carrying it into execution.
Nor are we at all sure that either the English or
the Continental delegates are taking an attitude of
mere opposition.
From the reports which have
already circulated regarding the plans of the conven­
tion, it would seem that ground has been already
broken in discussion on three highly important points,
in all of which England is participating. First, it is
stated that the question of international arbitration
has come into serious consideration.
Second, it
appears that from some quarters influences are being
brought to bear for the periodical re assembling of
the conference. Finally, the rules and practices of
war, and the question of immunity for neutral terri­
tory and private property, are being taken earnestly
in hand.
It is evident enough that serious practical diffi­
culties will surround deliberations even on these
points. The Arbitration Treaty of January 1897 be­
tween Great Britain and the United States is an
obvious case in point. No two nations more naturally
disposed to such a treaty could have been selected.
Yet it was found impossible to frame an agree­
ment which did not leave it optional for either
State
to withdraw from
arbitration
disputes
which it deemed to affect the national honor,
and even with these exceptions made the treaty,
signed by the two executives, failed of ratification in
our Senate, though indeed sustained by a majority.
But we have never believed that the Anglo-American
negotiations of three years ago were wasted. Some­
thing was gained— very much in our opinion—by the
mere fact that such an arrangement could be dis­
cussed by practical statesmen. It appears to us that
the advantage of a discussion on the same question
between all the first-class Powers marks a much more
distinct advance towards the ideal of civilization. No
great and radical reform has ever been accomplished
in a day, or from a single trial.
In particular,
every achievement in international provision for
humane and decent intercourse in peace and war
has been preceded by a dozen attempts and
failures. 8o far from adopting the superficial view
that an abortive discussion of such matters marks a

10 0

THE

C H iO N I C L E .

[Von. LXYII1.

backward step, we are convinced that each such effort and importance of the industry they undertake to
brings the nations nearer to the goal. Let it for a cover. In practically all its branches the iron and
moment be considered how inconceivable, in 1871 or steel trade of the U'nited States now far outranks that
1879, would have been, not merely an international of every other country. The excellence of the statis­
agreement for arbitration, but even an international tics, however, has not grown out of that fact. Even
conference to discuss it. We greatly doubt if many when the industry was still in its infancy, and no one
people, after the failure of the Arbitration Treaty in dreamt of its attaining its present advanced position,
the Senate vote of May 5, 1897, would have been Mr. Swank covered the ground in the same thorough­
bold enough to predict that only two years later a going and painstaking way. Fortunate it is, too, that
conference of all the nations, called at the instance of we have these elaborate data, going back so many
the nation most distrusted of all, in the hope for years, for they will furnish to the future historian
European peace, would be taking up again this very abundant material for the study of what must with­
question. If the failure of the Anglo-American nego out doubt be considered one of the most important
tiations was so promptly followed by resumption of features in the world’s development. We think we
the discussion under so much more imposing aus­ are safe in affirming that in no other country are the
pices, what reason for discouragement could be found, iron and steel statistics collected with so much com­
even if the conference at The Hague were to leave the pleteness and detail. Nor are they anywhere avail­
able in authentic form so promptly, Mr. Swank mak­
problem unsolved P
We have hitherto pointed out our reason for be­ ing it a practice to give the leading statistics to the
lieving that the plan for averting war, and the bur­ press much in advance of the publication of the Asso­
dens imposed by continual anticipation of war, could ciation's pamphlet report. For example, the tables
not be wholly abandoned, even if nothing were to be showing the country's make of iron in the late calen­
accomplished in this conference of 1899. It is in fact dar year were published the latter part of last Jan­
a problem which will not be dismissed. Let states­ uary, and we reviewed them at length in these
men turn away indifferently; the problem will force columns in our issue of January 28.
itself to the front again in spite of them. For a sea­
As the figures in which the most interest is felt
son the familiar argument that diplomacy cannot have already been given and commented upon by us,
reconstruct human nature may stifle the discussion; it will be unnecessary to repeat them here. Our pur­
but the controversy which is abandoned in pose on this occasion is merely to make brief reference
diplomatic gatherings will presently arise in the to Mr. Swank's analysis and narration of the year's
finance administration and at the polls.
The events, and his conclusions regarding the immediate
fiscal problem, indeed, complex as it is from future. Mr. Swank is an ardent advocate of a pro­
one point of view, is extremely simple from another. tective policy, and his remarks are all considerably
If the plan of annual and heavy increase in the war tinged with his belief in that doctrine, but he is
and navy budgets of the nations is to be pursued indef­ nevertheless a close observer and undertakes to report
initely, there is only one possible end. One nation all the facts. After noting that in 1898 we made
may be driven to default on its national obliga­ more pig iron than in any previous year, more Besse­
tions, another may be forced to hard shrift among the mer steel and more open-hearth steel, and rolled more
money-lenders, while still another may suspend a wire rods, more structural steel, more plates and
fraction of its sinking fund, but all three incidents sheets, and,with the single exception of the year 1887,
point in the same direction. Eventually the tax­ more steel rails, he points to the familiar fact that we
payer must have the final word to say, and it is not have attained this prominence in large part because
the least striking fact of the present situation that of the great growth in our export trade. The low
-he one European Power where the tax-payer has no prices of our manufactured products which had pre­
voice in government is already committed to this in­ vailed for several years, coupled with the superior
ternational reform by its sovereign.
character of these products and the enterprise of

AMERICAN IRON AND
DE VEL OPMENT.

STEEL

The annual pamphlet report of the American Iron
L Steel Association, prepared by Mr. James M.
Swank, has been issued this week. It contains the
usual comprehensive statistics bearing ou the iron
and steel trades, and also Mr. Swank’s review of pre­
vailing conditions, which, as is his custom, he does
not limit to the past calendar year but extends into the
- urrent calendar year down to the date of writing, in
this case apparently about the 10th of the month.
In 1893 the issue of tho pamphlet was delayed until
September on account of the extra labor entailed in
getting out the Association’s new “ Directory to the
Iron aud Steel Works of the United States,” but the
present year it is issued a little in advance of the
usual time. It comes at a moment when deep in­
terest is felt in everything relating to the iron and
steel industry.
IVe have often had occasion to commend the statis
tics and compilations prepared under Mr. Swank's
direction. They are in keeping with the magnitude

our manufacturers, enabled us to send constantly
increasing quantities of the same to foreign markets,
iron and steel and manufactures of iron and steel
being especially prominent in this respect. C’o-incidently the low prices reduced our imports.
We have often shown the manufactured exports as
a whole, but the iron and steel figures by themselves
make a decidedly striking record. In 1898 our ex­
ports of iron and steel and their products aggregated
no less than $82,771,550, which compares with $62,737,250 in the calendar year 1897 and $18,670,218 in
1896. Here, then, there has been an expansion of
more than 70 per cent in two years. The totals given do
not include the shipments of agricultural implements,
which amounted for 1898 to $9,073,381, against $5,302,807 for 1897 and $1,643,729 for 1896. Not less
noteworthy is the contrast presented by the imports
of iron aud steel, though in this case the change be­
gan many years earlier. In 1898 our total imports of
iron aud steel and manufactures of the same amounted,
foreign values, to only $12,473,637, against $13,836,204 in 1897, $19,462,561 in 1896 and $25,772,136 in
1895.
But this is only half the story. Prior to

May 27, 1899.]

T H E C H R O N IC L E

1001

1895 our average aanual importations of iron and this trade need not cause apprehension, notwithstand­
steel from 1871, a period of 24 years, amounted to ing our enhanced prices. Under any circumstances
$42,826,681. In 1880 these imports reached as much we will continue to export large quantities of leading
as $80,443,362.
iron and steel products to Canada, Mexico, the West
Mr. Swank refers to our conquests in the foreign Indies and Central America, while the high prices
markets, and particularly to the fact that our pro­ for iron and steel that now prevail in European,
ducers have been able to get so many orders in the countries will help us to maintain our present ad­
United Kingdom. Only a few years ago this country vantage in all markets. The excellent quality of our
was Great Britain's principal customer for iron and iron and steel products and our proverbial prompt­
steel, but now, according to the statistics, we sell ness in filling orders will also, he declares, be power­
her virtually as much iron and steel as she sells ful factors in enabling us to hold our present export
to us. For the year ended June 30 1898 we im­ trade in the cruder forms of iron and steel, as well as
ported from Great Britain of articles that are in locomotives and machinery generally. Nor is the
weighed 119,189 tons, whereas we exported thither day far distant, he thinks, when we will build iron
118,234 tons. Including articles where the weight is and steel ships and naval vessels for all the maritime
not given and taking values, the balance is in favor world. In the latter particular a good beginning
of the United States—that is to say, our imports of has already been made in building first-class vessels
iron and steel and manufactures of the Bame from the for Russia and Japan.
United Kingdom in 1897-98 aggregated only $8,369,In adverting to ihe numerous consolidations o f
866, whereas the exports to that country were valued at firms and companies which have been going on in the
$12,752,016. Some instances are given of orders that iron and steel trades, and which seem destined to
have recently been placed in this country from abroad. have a revolutionary effect, he takes pains to declare
Not very long ago contracts were made here for Jthat these new corporations are not trusts in any
sixty locomotives to be used on two of the great rail­ sense and should not be referred to as trusts. They
ways running from England to Scotland, namely the j are new concerns with large capital and centralized
Midland and the Great Northern. In February last management. In his review he dwells upon one
the English Government itself ordered a steel railroad other favorable feature in the state of the iron
bridge of American design and construction, consist­ industry, namely the condition of labor. Under
ing of seven spans of 150 feet each, to be built across the rise in prices, and particularly after the
the Atbara River in the Soudan country, south of advance last February, wages have been increased.
Egypt. American steel rails and locomotives have The increase represents to-day an addition of at least
recently been shipped to India and Australia. The 10 per cent to the wages previously paid. There haB
owners of the Baldwin Locomotive Works of Phila­ been no serious strike for higher wages in the iron
delphia are now filling an order for forty-five loco­ trade, and there have been few strikes Binee 1892.
motives for railroads in India. In the present month For many years the best possible understanding has
of May the Pennsylvania Steel Company has re­ existed in this country between the large corporations
ceived a conti act to construct a $700,000 steel via­ that are engaged in the manufacture of iron and steel
duct, 2,260 feet long and 320 feet high, over the and their workmen. The day for serious trouble be­
Gokteik Gorge in India, and the Phtenix Bridge tween employer and employed in the iron trade of
Company, of Phamixrille, Pa., has received a con­ this country, ho thinks, has gone by.
tract to build twelve steel railway bridges for the
MODERN ROLLING STOCK.
Russian Government.
The story of the increase in size and capacity o f
Mr. Swank makes no specific attempt at analysis of
our success in invading the British field as shown by railroad rolling stock and motive power has become
these various illustrations.
Lest it may be sup­ familiar enough, but the rapidity with which the
posed, however, that this success is due entirely to the change has been made is not b o well recognized. In
superiority of our product and the advantage of lower less than ten years practically the whole rolling stock
been replaced, and in
prices, it seems proper to point out that conditions in of the railroads has
Great Britain during the last twelve or eighteen view of the number of engines and cars owned
heavy amoant of
capital invested
months have been in a measure exceptional. This and the
has been repeatedly shown in the letters both of our in them, the short time in which this re­
accomplished is not the
Manchester and our London correspondents. The placement has been
A
home trade in Great Britain daring this period has least remarkable feature of the transition.
been extraordinarily good. On account of this the peculiar coalition of circumstances has aided and
demand has been so active that British productive hastened the change, which otherwise must have
capacity would in any event bare been taxed to the taken place very gradually. The fundamental cause
utmost.
As it happened, however, there were some of the speedy revolution undoubtedly lies in the need
serious and prolonged labor troubles which greatly for lower cost of carriage due to the reduction of
curtailed production. The engineers' strike and the rates brought about by railroad commissioners and
disturbing influence exerted by it will readily be re­ stress of competition; these agencies made it impera­
called by the reader. In addition the strike of the tive to reduce the cost of transportation in every way
Welsh coal miners, beginning on April 1 last year and pofsihle. The improvement in bridge work, rails and
lasting about five months, operated in the same direc­ track construction, the lowering of grades, etc., weretion. The result baa been that the British manufac­ also induced by the same influences and led the way
turer finds himself way in arrears in his orders, and is for the heavier equipment which is now hauling traina
unable to fill new orders at any price where reasona­ of enormous tonnage.
The economy of the newer and larger cars and en­
bly prompt delivery is expected.
Mr. Swank takes a hopeful view of the outlook for gines after trial became at once so apparent that old
our export trade. He says the immediate future of equipment was replaced long before it would hava

1002

THE

C H R O N IC L E .

been condemned if the equipment which was to take
its place had been of the same size or style. The new
engines could draw so much extra freight that many
companies found it profitable to sell their old small
locomotives as far as possible and lay up others, rather
than keep them in service. The increased paying
load carried by the new and larger-sized cars
was bo substantial, both actually and in the proportion
to the total weight of the cars, that it became a mat­
ter of the truest economy to dispose of old cars
long before the limit of their life would have been
considered as reached under ordinary circumstances.
Another important circumstance tending to the rapid
rep'acement of equipment, has been in the matter of
safety appliances on equipment; it was much better
business policy to build new cars than to equip old
rolling stock whoso life would have been shoTt, and
by no means equal to that of the new brakes and
couplers applied to them.
This quick doubling of the size of cars and hauling
power of engines, beneficial as it has been on the
financial side in reducing cost of transportation, has
greatly simplified technical problems of railroads.
Not so much is heard now-a-days of the “ car famine’ ’
and of the'inability of the ra lroads to move freight
because the rush of traffic blocked the movement of
cars on some yards or terminal tracks. These things
occur, but there is more immunity from them than
some years ago, and yet the g owth in tonnage moved
has been, if anything, more noteworthy than in the
apparent capacity of the railroads to meet the large
demands for transportation. Since 1886 the tonnage
movement of this country has increased about 37 per
cent; the mileage 38 per cent; the number of ears 33 ptr
cent and the number of locomotives 27 per cent. If
we could know the proportionate increase in the car­
rying capacity of cars and in the hauling power of loco­
motives the figures would be still more interesting.
We can expect that the percentage of increase in
car and locomotive equipment, as measured either by
the mileage or by the tonnage carried, will continue
to fall, for there is nothing to indicate that the limit
of weight and size of equipment has yet been reached.
Locomotives of 100 tons and cars of 50 tons capacity
are used where the track has been prepared for them,
and their use is likely to be steadily extended. For by
increasing the capacity of the equipment twice as maDy
tons of freight are moved by the same number of trains,
with the same crews ; passed on the same sidings and
switched in the yards without increasing the track
room, so that the operating problem of moving a
given number of tons over the road, whether it be a
single or double track line, is greatly simplified.
Moreover, the same round-houses accommodate the
larger engines, and the same shop facilities answer
all demands for repairs.

SETTLEMENT OF TIIE LANCASHIRE WA GES
DISPUTE—THE MANCHESTER COTTON GOODS
MARKET— WHAT IS A HANK f— MR. CARNEGIE
ON AMERICAN STEEL INDUSTRY*

M anchester , May 17, 1899.
The settlement of the wages dispute in the Lan­
cashire cotton-weaving industry, ratified eight days
ago, has been heartily welcomed in every direction.
An advance of 2| per cent is to be given after the
first week in July, the original claim having been for
5 per cent, subsequently increased to 10 per cent.
* C om m u n ica ted b y o u r S p cola l C orresp on d en t a t M a n ch ester.

[VOL. LXYIII.

Steps are being taken for the formation of a concilia­
tion board, with an independent chairman, to act in
cases of dispute about which the existing Joint Com­
mittee of employers and employed are unable to ar­
rive at an agreement. Thus the present conflict as
well as that in the spinning branch, previously ter­
minated, has resulted not merely in a peaceful end of
the wages question immediately involved but also in
sincere efforts to provide against suspensions of work
arising out of future labor differences in the two
halves of this great industry. It may, therefore,
with some confidence, be assumed that the chances in
favor of a pacific termination of any future questions
arising between employers and employed in the
English cotton trade have been greatly increased by
the events of the last few months.
As soon as the wages agreement was assured the de­
mand for cotton goods and yarns in Manchester be­
came much more active, and a large business was
done at steadily hardening prices. The volume of
contracts in the hands of spinners and manufacturers,
already in the aggregate by no means small, was sub­
stantially increased. The buying, too, was pretty
general, although for some markets, even that of
India, it was more or less speculative, as is evident
from the fact that occasionally the prices paid here
were rather above the equivalents current in these
distant markets. Naturally, the greater activity in
Manchester was followed for some days by heavier
buying of cotton in Liverpool, spinners hastening to
cover amply their new contracts, as well as to make
good any deficiency in their previous provision of raw
material as against goods and yarns sold forward.
Within the last few days sales of yarns and goods have
fallen off considerably, in consequence partly of the
advance in quotations and partly of the liberality
with which buyers had satisfied their requirements.
Though quiet, however, the market is cheerful and
steady, and the daily demand is quite strong enough
to prevent actual dullness.
If any one engaged in the production or purchase
or sale of cotton yarn in any part of the world were
asked to define a “ hank,” he would reply that it con­
sists of a definite length of 840 yards. The English
system of notation of “ counts” or fineness which
prevails everywhere except in Prance is founded upon
such definition. Thus “ No. 40,” or “ 40s,” desig­
nates yarn of which 40 hanks or 40 times 840 yards,
weigh one pound avoirdupois. In the French system
no “ hank” is known, but the “ counts” are indicated
by the number of thousands of metres weighing one
half kilogramme. Thus “ No. 40” in French nota­
tion, applied to describe a given yarn, means that
40,000 metres weigh half a kilo.
But an important case is about to be tried in the
Sheriff’ s Court at Glasgow in which the essential
question is, What is a hank of dyed cotton yarn?
Within the last two or three years complaints have
reached the Manchester Chamber of Commerce from
Singapore to the effect that dyed cotton yarns were
being exported thither from Scotland made up in
hanks of from 500 to 600 yards. About a year ago
two hales of this “ short-reeled” yarn were forwarded
to the Manchester Chamber by that of Singa­
pore, and after full examination of their con­
tents at its official testing house, the Manchester
Chamber requested the Board of Trade in London to
institute a prosecution of the dyers and exporters of
the yarn, the chain of evidence necessary for the pur-

Mat 27, 1899.]

THE

C H R O N IC L E ,

pose being supplied. After long delay the Board of
Trade declined to undertake the prosecution on the
ground that it would have to be carried on in a Scotch
court where local evidence as to the length of the
hank could not be adduced. The Manchester Cham
her has consequently resolved to prosecute the alleged
offenders. The case will certainly attract widespread
interest, not only in this country but also abroad, es­
pecially in some Continental States where “ shortreeling'1'’ is not an uncommon practice and in the
markets where “ short-reeled ” yarn is sold.
The
importance of the case is enhanced in Manchester
because, owing to the decisions of the local courts here
against this practice, it is practically non-existent, no
merohant daring to deal in, or export, defective
hanks. If these local decisions had ever been the
subject of appeal to the higher courts, the question
at issue would have been setth d for the whole of the
United Kingdom. As the matter stands at present,
the effect is the same as if two mutua’ly contradict­
ory laws were in force, one in England forbidding the
production or trading in short hanks and one in
Scotland permitting it. The interest of the forth­
coming trial is enhanced by the fact that the de­
fendants are very wealthy, and that the Manchester
Chamber is backed by an ample guaranty fund,
some of the subscribers being merchants who have
lost very valuable business owing to the competition
of the short-reeled yarn.
In the course o f a prolonged conversation with a
representative of the “ Iron and Coal Trades Review”
— probably Mr, J. S. Jeans, the experienced and wellinformed editor of that journal— Mr. Carnegie, who
has been in London during the last few days, expressed
very freely his views upon the future of the great iron
and steel industry of the United States. Referring
to the recent gigantic consolidation of interests in
that industry, he Baid he did not think there was
much likelihood of the creation of fresh competing
producers to any serious extent. These would have
difficulty about their supplies of ore and coke. Nearly
all the best mining properties on Lake Superior were
already appropriated, and it was from that region
and not from the South that new contributions of
ore must come for the manufacture of cheap steel,
both for home consumption and for export. He de­
clined to say, however, that the low range of prices
prevailing in the United States during the last two
years might not be repeated. But the fact that most
of the available mining properties were now in few
hands made it probable that prices would be kept up.
The ore problem, in short, must exercise an increas­
ingly important influence. Still, the most favorably
situated works would continue to produce iron and
steel at a relatively low cost, and in his opinion
Pittsburg would remain the best position.
Of shipbuilding in the United States, Mr. Carnegie
said it was certain to become a great industry. The
arrangements just made for the establishment of a
new shipbuilding yard near Philadelphia were but the
beginning of the movement. Of the requisite skilled
labor there was an abundant supply, or the certainty
that it would be forthcoming. Moreover, the Ameri­
can shipbuilder had command of plenty of cheap
timber—a most important consideration—as well as
of cheap iron and steel. With regard to the recent
sale of his vast enterprises, Mr. Carnegie said he had
nothing to do with any syndicate to which they might
be transferred. He had simply disposed of his interest

1003

in them to his partners, and had no intention of hav­
ing any connection with the new proprietary. He
had retired from business altogether and was now
about to take up other matters in which he had long
had an interest.
Commenting npon the change in the ownership of
the Carnegie Steel Works, the editor of the “ Iron and
Goal Trades Review'” says that the ability of the Car­
negie Company to manufacture steel more cheaply
than any other concern in the world is due to the
business sagacity and administrative skill of its prin­
cipals, and that this pre-eminent position is likely to
be maintained for quite ten years to come, possibly
for a longer period. Whether or not the manage­
ment will remain as effective as hitherto remains to
be seen.
ITEMS ABOUT BANKS, BANKERS AND TRUST CO'S

—The largest sale of any single bank stock this week was
of the Phenix National Bank, the amount being 100 shares,
sold at the Stock Exchange at 114. It is not often that so
large an amount is sold in one block. Usually the sales are
only a fraction, and lreqnently only a small fraction, of a
hundred shares. When a hundred or over a hundred shares of
a single bank are reported sold in any one week, the total is
generally made up of several smaller items. We mention
this fact because it illustrates the well-known condition of
the holdings of this class of securities, that is, the wide dis­
tribution of bank stocks and the small extent to wtr ch they
are held by men of large capital. In view of that situation
It is surprising why prejudice against banks should be
largely felt. Perhaps it is because they are not charitable
institutions; that is to say, because they do not lend money
without security, and call for Its payment when it is due.
Toe total sales of bank stocks this week were 837 shares, of
which 237 were sold at auction and 100 at the Stock Ex­
change. There were 175 shares of New York trust stocks
and 48 Brooklyn truet stocks sold, all at auction. We sub­
join our usual details of the week’s sales.
SAaree.
B a s k s — l i n e T o r A.
P ric e.
* 4 B ro a d w a y B a s k , N a tio n a l................2 4 5 % -2 4 6
1 3 C orn E x r h a n g e B a n k .......................... 3 7 0 : 73
6 Htti o v e r N a tio n a l B a n k .................... 7 4 0
7 M e ch a n ic* ’ N a tion a l Hank................. 2 1 0 %
fO New Y o r k , N. B A .. B an k o f . . . ........260- 5 0 %
4 0 N inth N a tio n a l B a n k ..........................
94
4 5 P a rk B an k, N a tion a l .........................5 2 0 -5 2 7 %
*1 00 P h e n ix N ation a l B a n k ........................ 114
IS S e v e n th N a tio n a l B a n k .................. ..
175

17 Shoe A Leather Bank, National... .. 106
T bust Co v p a s ik s —New York.
12 Central Trout C o .............. ........... .2002-2006
100 Colonial Troat...................... ....... . 416*3
&H Partners' Loan Jk T r a it Go........... . 1438%
5 N V. L ife Immrance A T ru«t Co.. . 1476
T bd st Oom pakikh — Brooklyn.
8 Kinita C -nnty Trust C o ............... . 300
40 Teople '11 T riu t Co........................ . 311
• Sale at the Stock Exchange.

L o tt p rrriou tea ie.
M ay
M ay
MayM ay
MayM ay
M ay
M ay
A p r.
M ay

'9 9 —
'9 9 •99•99—
*99•90—
•99—
•99’9 9 •99—

244
370%
730
205
250
95%
5 38
115
140
105

M a y •99— 2 00 1
A p r. • 9 9 - 4 1 5 %
M ay ’ 9 9 - 1 4 5 1 %
M a y • 9 9 - 1 501
N o sale In 1898.

Deo. *9a— 255%

—Mayor Quincy of Boston, Assistant Postmaster General
Perry S. Beath and his brother Fletcher Heath, together
with j'.Litr capitalists identified with the Continental Tobacco
Co., have bought a large block of the stock of the Seventh
National Bank of this city. Though there will be no imme­
diate change in the management of the bank. It iarnmored that
the President, Mr. McAnerny, will soon retire, in which caae
Mr. William H. Kimball, who, as was announced in this col­
umn last week, has been elected Vice-President, will take the
presidency, and there will most likely be a reorganization of
the board of directors. The capital of the bank is $300,000,
the surplus is $187,800, and the deposits last week were
$3,431,800. The bank is the direct successor of the old
Seventh Ward Bank, which was organized in 1833.
—The Trust Company of America is the somewhat com­
prehensive title of an institution incorporated this week
with a capital of $3,500,000 and a paid-up surplus of $2,500,000. This is the largest capita) of any trust company in the
city, with the exception of the Title Guarantee & Trust Co.,
and only six of the twenty-five trust companies in New York
have a larger surplus. The subscriptions to the stock were
large, amounting to over $8,f 00,< 00, and they were from
nearly all the principal cities, indicating that quite general
interest was taken in the new enterprise. This fact has
given some color to the report that the company will take
over similar concerns In other cities, but if such is the inten­

1 004

THE

C H R O N IC L E .

tion the pnrpoee is n o t disclosed.
T he d irectors represent
im portan t and varied in terests, su ch as ba n kin g, foreign and
d o m e s tic; m a n u fa ctu rin g , telephone and gas com pa nies, and
th e P residen t w ill be Mr. A s h b el P . F itch , fo rm e rly C om p ­
t r o lle r o f the C ity o f N e w Y o rk .
T h e com p a n y w ill begin
business on o r ab ou t J u ly X. T h e fo llo w in g h ave been electd ir e c to rs o f the c o m p a n y ; A sh b el P . F itch , Col. W illia m
B a rb o n r, o f th e L in en T h rea d C o .; C harles F . C utler, P re s i­
d e n t N . Y . T elep h on e C o .; J oh n R . H egem an , P resid en t
M etrop olitan L ife Insuranoe C o .; H . O. H avem eyer, P resi'
d e n t A m e rica n Su gar R efin in g C o .: M yron T . H errick , P res­
id e n t S ociety S avings A ssocia tion , C levela n d , O h io; H en ry
S . M an nin g, P resid en t Shaw E le ctric Crane C o .; E m erson
M cM illin , P residen t C on solidated G as C o .; E. C. C on verse,

[Vol. LXVII1.

J une 8, w h en it is ex p e cte d th e m a tte r w ill b e d efin itely
settled. T h e ch a irm a n o f th e sto ck h o ld e rs’ c o m m itte e e x ­
pressed th e op in ion th a t th ere w a s n o d o u b t th a t th e p ro p o si­
tion t o in crea se th e ca p ita l w o u ld ev e n tu a lly be ad opted.
T h e bank has en ou g h cash on h an d to pay all d e p o s ito rs, b u t
n o n ew bu siness is b e in g d on e an d th e a ffa irs o f th e ba nk are
p r a c tic a lly in a state o f suspense p en d in g th e a ction o f the

stock h old ers.
— T h e n e x t an n ua l con v e n tio n o f the A m e rica n B ankers’ A s ­
socia tion w ill be h eld a t C levela n d , O h io, on S ep tem b er 5th,
(5th an d 7th. T he p ro g ra m m e fo r th e co n v e n tio n has n o t yet
been arran ged, an d it has been o n ly in fo rm a lly d iscu ssed, b u t
it is u n d erstood th a t th ere w ill be fe w addresses an d th a t th e
sessions w ill b e p r in cip a lly d e v o te d to bu siness. T h e A sso ­
P resid en t N a tion al T u b e C o .; Jam es M . D onald, V ice -P re si­ cia tion n o w has a m em b ersh ip o f 3,700, in clu d in g th e la rg est
d en t H an over N a tion a l B a nk; Sam uel A . M a x w ell, V ic e - banks o f th e co u n try , w ith a g g re g a te ca p ita l an d d eposits o f
P re sid e n t N a tion al W a ll P aper C o .; A lv a h T r o w b rid g e , V ic e - a b o u t $5,000,000,000. T h e P resid en t is M r. G e o rg e H . R u s ­
P resid en t N a tion al Bank o f N orth A m e rica ; J . W illia m sell, P residen t o f th e State Sa vin gs B a nk, D e tro it, M ic h .; th e
C la r k , C lark ’s C otton T h rea d; J o e l F . F reem an , fo rm e r V ice -P r e s id e n t is M r. W a lk e r H ill, P resid en t o f th e A m e rica n
T re a su re r Stan dard O il C o .; W illia m E . Spier, ca p ita list; E x ch a n g e B ank o f St. L o u is , M o .; th e C h airm an o f th e E x ­
A n s o n R . F lo w e r, o f F lo w e r & C o .; G eorge B lu m en th a l, o f e c u tiv e C o u n cil is M r. A lv a h T r o w b r id g e , V ice -P re s id e n t o f
L a za rd Freres; H en ry S. R ed m on d , o f R ed m on d , K e rr & th e N a tion a l B a n k o f N orth A m e r ic a o f th is c ity , an d th e
C o .: C. I. H u dson , b a n k er; P h ilip L eh m an , c o tto n ; E d w a rd S ecreta ry is M r. Ja m es R . B ran ch .
— It is re p o rte d th a t five o r six n e w tr u s t com p a n ies are
F . C ragin , capitalist, and S. C. T . D od d and W illa r d B row n ,
in p roces s o f orga n iza tion in th is c ity . E a ch , it is said, w ill
la w y ers.
— M r. S. D . Scu dder, u ntil recen tly Sou th ern M an ager o f the represent d istin ct in terests o f g rea ter o r less im p o rta n ce
G erm a n ia F ire In su ra n ce Co. o f th is c ity , has been elected w h ich , it is u rg ed , req u ire sp ecia l b a n k in g fa c ilitie s p e cu lia r
o n e o f the T rustees and th e A c tiv e V ice-P resid en t o f th e to tru st com pa n ies. J u d g in g fr o m th e la rg e o v e r -s u b s c r ip ­
P ro d u ce E xch a n ge T ru st C om pan y. M r. Scu d d er h a d som e tion s rep orted to h ave been m a d e f o r th e s to ck o f r e ce n tly
b a nk ing exp erien ce b e fo re en ga gin g in th e business o f fire orga n ized tru st com p a n ies an d th e eagerness w ith w h ic h th e
u n d e rw ritin g , he h a vin g been in th e N e w Y o r k office o f th e p u b lic is seeking in vestm en t in su ch en terprises, it is th o u g h t
B ank o f M ontreal and later a b a n k er in M inn esota. H e has, p rob a b le th a t th e fu n d s n ecessary fo r th e p r o je c te d in s titu ­
h o w e v e r, been v ery su ccessfu l in th e m a na gem ent o f th e tions w ill be rea d ily ob ta in ed .
— Bankers w h o are fa m ilia r w ith th e op era tion o f th e
G e rm a n ia 's S on th em business, a n d it is d ou b tless du e to th is
fa c t, and also to the e x e cu tiv e a b ility w h ic h he has displayed, co u n try ch e ck c o lle ctio n system n o w in fo r c e b y th e C lea rin g
th a t h e has been selected fo r th is im p orta n t and respon sible H ou se in stitu tion s in th is c ity a ssert th a t th e o p p os ition to
p osition . T he P resid en t o f th e c o m p a n y is M r. T u rn er A . th e system is n o w con fin ed to c o m p a ra tiv e ly fe w m erch a n ts
B ea ll, and th e V ice -P resid en ts are M r. T im o th y H og a n , o f an d cou n try ba nks, and th a t th e pla n is w o r k in g w ith a
T . H o g a n & Sons, shippers, and M r. T h om a s A . M cIn ty re , o f m in im u m o f fr ictio n . T h e w ith d r a w a l o f d ep osits resu ltin g
M cIn ty re & W a rd w ell, g ra in m erch a n ts. T he ca p ita l s to ck fro m
th e e n forcem en t o f th e ru les has b een c o m p a ra ­
a n d the surplus o f th e com p a n y are $500,000 each , th e n et tiv e ly sm all w h ile th e p e cu n ia ry a d va n ta g es to th e
profits, sh ow n b y th e statem ent o f M a y 10, are $174,073, and banks are in som e cases strik in g ly m a n ifest. T h e system
t h e d eposits are $9,942,380.
has been in operation f o r so sh o rt a tim e , h o w e v e r, n o t q u ite
— T h e cash ba la n ce at th e N e w Y o r k C learin g H ouse on tw o m on th s, th a t it is t o o ea rly t o m a k e an estim a te o f th e
T u e sd a y w as $19,340,997, th e la rg est on re cord .
It w a s results. I t is th o u g h t th a t a t th e e x p ira tion o f th e th ree
c h ie fly due to th e pa ym en t on M on da y o f th e su b scrip tion s m on th s o f tria l o f th e p la n th e C lea rin g H ou se c o m m itte e
t o th e A m a lg a m a ted C opp er sto ck , w h ich m a de th e N a tion a l m a y recom m en d som e m o d ifica tio n o f th e ru les an d p ossib ly
C i t y B a n k ’s cre d it ba la n ce $7,472,000, an d there w ere oth er an in crease in th e n u m b e r o f c itie s in w h ic h c o lle c tio n
la rg e cre d it balances—th e W estern N a tio n a l o f $4,139,0( 0 an d ch a rges m a y b e d is cre tio n a ry . I t is q u ite p ro b a b le , indeed,
th e F o u rth N a tion al o f $2,481,000.
som e bankers cla im th a t it is a lm ost ce rta in , th a t th e syste m
— M r. A n th o n y N . B rady has been elected a d ir e c to r o f o f ch a rges fo r co u n tr y b a n k c o lle c tio n s w ill b e p e rm a n en tly
th e C o m E x ch a n g e Bank to fill th e v a ca n cy cau sed b y th e established b y th e N ew Y o r k C lea rin g H ou se in stitu tion s,
d e a th o f E x -G o v e r n o r R o s w e ll P . F lo w e r. M r. B ra d y is and in th a t case it is lik e ly th a t c le a r in g h ou se a s socia tio n s
c lo se ly iden tified w ith th e F lo w e r interests. H e is V ice - in oth er cities, w h o are a w a itin g th e re su lt o f th e N e w Y o rk
P re sid e n t o f the P eop les’ G as C om p an y o f C h icago an d C h air­ ex p erim en ta l pla n , w ill a d op t a sim ila r system .
m a n o f th e E x e cu tiv e C om m ittee o f th e B rook ly n R a p id
— M r. F . S. B a ngs, th e g e n ia l la te P resid en t o f th e State
T ra n sit C om pan y.
T ru s t C o., has retu rn ed fr o m a b roa d q u ite re stored in h is
— T h e B ank o f B ritish N orth A m erica has receiv ed a d v ices h ealth . M r. B a n gs is a sp ecia l pa rtn er in th e S to ck E x ­
fr o m D aw son C ity to th e e ffe ct that th e con ten ts o f th e safes ch a n g e firm o f K in g s le y & M a b on , 41 W a ll S treet.
a t the a g e n cy o f the bank in th a t c ity w ere fou n d in ta ct a fter
th e fire o f Saturday n ig h t, and th a t th e loss t o the bank w ill
n o t exceed $5,000, w h ich am ou n t is co v e r e d b y in su ra n ce
IMPORTS A N D E X P O R T S OF GOLD A N D
T h e directors h a ve au th orized th e M anager to distribu te
SILVER A T S A N FRANOISCO
$ 1 ,0 0 0 a m o n g th e sufferers b y th e fire. T h e a g en cy a t D a w ­
so n o f th e C anadian B in k o f C om m erce sustained n o dam age,
T h e C o lle cto r o f C u stom s a t San F ra n cis co has fu rn is h e d
th e office b e in g lo ca te d w ith in th e p o lice en closu re, ou tside th is w eek th e deta ils o f im p orts an d e x p o rts o f g o ld an d
th e clo se ly -b u ilt p o r tio n o f th e tow n .
silver th r o u g h th a t p o r t fo r th e m o n th o f A p r il, an d th ey
— I t w as ex p ected e a rly in th e w eek th a t a t the a d jou rn ed are g iven b e lo w in c o n ju n c t io n w ith th e figu res fo r p reced in g
m e e tin g o f sto ck h o ld e rs o f th e F ra n k lin N a tion al Bank, to m on th s, th u s com p le tin g th e resu lts f o r th e ten m on th s
b e held on T h u rsd a y, d ecisive a ction w o u ld be taken on the o f th e fisca l y ea r 1898-99. T h e im p o rts o f g o ld , w h ile o f fa ir
p rop osition to in crease th e ca p ita l fr o m $200,000 to $500,000, v olu m e, are th e sm allest o f an y m on th s in ce Ja n u a ry 1898, th e
a n d to p ro vid e a su rplu s o f $100,000. In deed, it w as stated a m ou n t re ce iv e d rea ch in g $1,033,284, o f w h ich $978,700 w a s
b y the ch a irm an o f th e co m m itte e h a v in g th e m atter in in c o in . O f silv e r th ere ca m e in $131,614, o f w h ic h $129,082
c h a r g e th a t a la rg e m a jo r ity o f th e stock h old ers fa v ored th e w as b u llion . D u rin g the ten m on th s th ere has been re ce iv e d
p roposition , and th at th e fu n d s necessary to p la ce th e in sti­ a to ta l o f $28,981,958 g o ld an d $1,665,056 silv er, w h ic h c o m ­
tu tio n on such a basis as t o a ttra ct la rg e deposits and p ro­ pared w ith $19,423,434 g o ld and $1,815,244 silv e r in 1897-98.
v id e fo r fu tu re expenses had been assured. T h e m eetin g T h e sh ipm ents o f g o ld d u rin g A p r il w ere $54,580, a lm o st
o n T h u rsda y w as atten ded b y a m a jo r ity o f th e stock h olders, w h o lly coin , and th e ex p orts o f silv er h a ve been $340,177, o f
a n d the qu estion o f co n tin u in g th e business and p ro v id in g w h ich $32,705 w a s co in . F o r th e ten m on th s th e ex p o rts
th e requ isite ca p ita l w as discussed.
N o con clu sion w as o f g o ld h ave rea ch ed $1,337,352, a ga in st $1,109,123 in 1897-98,
re a ch e d , h ow ev er, and th e m eetin g w as a d jou rn ed u n til and $4,395,400 silv er has been sent ou t, against $3,697,321 in

May 27, '89#. i

THE

C H R O N IC L E .

1897 98. T lie e x h ib it fo r A p r il an d th e ten m on th s is as
fo llo w s :

1005

stand th e sign ifica n ce o f th e d ecision o f th e A m a lg a m a ted
C op p er Co. o f N e w J ersey to ca ll u p th e w h o le o f th e ca p ita l
o f $75,000,000 w ith in ten da ys a fter th e letters o f a llotm en t
1MP3K E o r SO L D AJfD SILV E R A T SAN FRANCISCO.
w ere sent o a t. M em bers o f th e S to ck E xoh an ge, h ow ev er,
8ILV8&,
SOU ).
b o th in N e w Y o r k and in L o n d o n w e re m o re q u ic k to
MOUTHS.
p e rce iv e th is and p r o b a b ly th e y sold la rg e ly u pon it. A t all
(Join.
•join.
B u llion .
Touu.
Toiut.
B u llio n .
events th e tu rn w as as q u ic k alm ost in L o n d o n as in N e w
189 8 -9 9
s
$
*
*
$
*
Y o rk , an d th e a d va n ce w a s v ery ra p id an d v ery m arked.
J u ly
1,903,625
8 3 ,2 1 »
1 3 6 .1 0 7 2.039,735, 1 2 ,4 8 5
7 0 ,7 3 0
In m in in g secu rities, on th e oth er ba nd , a v ery la rge part
A a jfU A l.,.. 2 .1 6 7.15 9
5 7 .7 0 0
51.1 38
6 ,5 6 2
1 0 0 ,5 7 8 2 .2 6 7 .7 3 7
S«pw>m b«r 1,720.434
6 5 ,5 4 1 3 .8 0 5 ,9 7 5 32^238 2 0 5 ,1 8 2
2 3 7 .4 2 0 o f the fa ll w as b ro u g h t ah on t b y sellin g fr o m Joh an n esb u rg.
O c t o b e r ... 4.2 3 5.15 9
183 .82 5 A ll th rou g h la st w eek th e telegra m s p riv a te ly receiv ed in
1*4.41 4 2 8 ,3 2 3 4 ,6 3 ,4 Si 3 9 ,4 0 7
W ovem bar. 3,597.791
145,131
137 ,45 3
102 ,07 4 3,7 0 0,46 4
8,178
L on d on fro m J oh an neshu rg w e re o f an a larm ist ch a ra cter.
D e ce m b e r. 4,9 9 9,68 1
1-01.701
169 ,51 5
4 4 .7 8 2 5 ,0 4 4,66 3 132.246
In m any cases, n o d o u b t, th ose w h o sent th em w ere h on estly
J a n u a r y ... 2 ,9 8 -, 096
1 5 9 ,6 2 6
188,991
8 9 ,6 3 4 3 ,0 5 4 ,7 3 2 2 9 ,3 6 5
F eb ru a ry.. 2 ,1 9 6 ,0 4 0
1 0 7 .03 5 frigh ten ed .
It is su sp ected th a t, in m a n y oth er cases, the
19,2 16 2 ,2 1 5 ,2 5 m 2 3 .7 8 0
8 3 ,2 5 5
M a r c h ..... 1,0 4 2.49 9
2 2 7 ,8 0 4
1 1 4 ,1 3 2 1,158.631 7 1 ,7 1 3
156.151
desire w a s to k n o ck d o w n p rices. B e th a t as it m a y, the
A p r il..........
9 7 9 .7 0 0
1 3 1 ,0 1 4
5 4 ,5 8 4 1 ,0 3 3 ,2 8 4
2 ,5 2 2
1 2 9 ,0 9 .
telegra m s fr o m Joh a n n esb u rg w ere v e ry depressin g last
T o t 10 m o* 2 7 -0 S 3 S 7 l,175JS7lta8#8195c: 558.49 6 1 .3 0 8,56 0 1 .6 8 5 ,0 5 0 w eek.
A n d as J oh a n n esb u rg sold la rg ely , th e a ctio n w as
fo llo w e d b y th e la rg er h old ers h ere, and th e slu m p w as v ery
EXPORTS o r S O L D AND SILV E R FROM SAB FRANCISCO.
con sid era b le. T h is w eek J oh a n n esb u rg eith er has b ecom e
en cou ra ged or is satisfied w ith the resu lt o f last w eek ’s op er­
GOLD.
lIL T II
MOSTTHt
ations, fo r th e telegra m s h a ve b e co m e sin g u la rly fe w and
C oin.
Total.
BaW n
C oin .
B u llio n .
Tola*
little sensational.
It Is d ifficu lt fo r the p u b lic to fo llo w th e m a n eu vers that
189 8 -9 9.
$
*
8
t
*
J a l j ...........
612.981
1 0 6 ,0 0 0
1 6 4 ,4 7 0
1 6 8 ,4 7 0
7 7 8 ,9 8 0 are g o in g on in Sou th A frica ,
T h ere are. in th e first pla ce,
A ojow t ___
109,771
8 ,0 0 3
6 0 ,0 0 0
8 ,003
170,371 n egotia tion s betw een the h old ers o f the d y n a m ite m o n o p o ly
S e p te m b e r
1 9 3 ,0 0 0
6 2 ,2 8 0
5 9 4 ,66 0
4 0 1 ,6 6 0
60,0'sO 1 ,6 0 0
M r. L lp p ert, w h o obtain ed
O c t o b e r ...
108.77C
5 8 ,0 0 0
1 4 3 .0 3 0
108,771
2 0 1 .0 3 0 and th e g rea t m in in g m agnates.
BTerember.
2 3 6 .7 2 5 2 ,1 0 0
239 ,92 ?
1 5 1 ,17 3
151 .17 3 th e d y n a m ite m o n o p o ly , and w h o is an ex ce e d in g ly sh rew d
3
1
u,600
D e ce m b e r.
9,209
4 6 7 ,5 7 5
7 8 6 .1 7 3 and far-seeing person, fo u n d o u t th a t he co u ld m aneu ver
0 ,2 6 5
J a n u a ry ..
2 5 2 .05 5
8 3 ,0 1 5
019.80-4
2 5 2 .0 5 5
7 0 2 ,8 2 9
F e b ru a ry ..
5 3 ,9 1 5
5 3 ,9 1 5
3 6 .3 0 3
4 2 0 .7 9 2
4 5 7 .0 9 5 against certain m in in g righ ts, and he p la in ly in tim a ted to
3 80,505
M a rch . . .
594
101 ,15 3
3 8 1 .1 8
1 1 1 ,7 5 7
2 1 2 ,9 1 0 th e heads o f th e m in in g in d u stry th a t if th ey did n o t co m e
A p r i l ..........
200
3 0 7 .4 7 2
5 4 ,3 8 0
3 2 ,7 0 5
5 4,5 80
3 4 0 ,1 7 7 to an arra n gem en t w ith h im , he w o u ld b id against th em for
O ne resu lt w as the b e g in n in g o f n egotia­
f b ? 10 cane 1,3 3 2,85 8 4 ,494 1 ,3 3 7 ,3 3 2 2 .1 4 9 .9 ’ B 2 ,2 4 5 .4 2 1 4 ,3 9 5 .4 0 0 the m in in g righ ts.
tions w ith th e G overn m en t, in w h ich M r, L ip p e rt co -op er­
ated. B u t the n egotiations b rok e d o w n , because the ch ie fs
o f th e m in in g in d u stry w an ted a F in a n ce S u pervisor ap­
FAILURES B Y BRAXCfTEi OF TRADE.
poin ted , either b y th em selves o r b y th e B ritish G o v e rn m e n t
W e take fr o m D o n 's R e v ie w th e fo llo w in g sta tem en t —in o th e r w ord s, a fin an cial ex p ert w h o w o u ld n o t b e u n d er
sh o w in g the failu res in th e U n ited States b y b ra n ch e s o f th e in flu en ce o f the B oer G overn m en t. A n d th e B oer G o v ­
ern m en t stolid ly refu sed to agree to this. T h en the petition
trad e fa r the m on th o f A p r il in each o f th e la st th ree years
w as presented and m eetin gs began to be held at the differen t
FAILURES BY RRANCHKmor RUBIN'SNA.
m ines. T h e m in e-ow n ers, h o w e v e r, d o n ot all look w ith
m u ch fa v o r u pon these m eetin gs o f w h ite officials at the
m ines. F or. th ey a rgu e, th at w h ile it m a y b e v ery c o n v e n i­
im$4
laws.
tmr.
UMrUUUt So. tAabmti*. ent fo r th e m ine-ow ners ja s t n ow to play o ff th e w h ole o f th e
LtAbiiUU*.
w hite p op u la tion o f J oh a n n esb u rg against th e B oer G o v e r n ­
M*nu/*4t urtm.
»
ft
m en t. b y -a n d -b y these w h ite officials w ill p e rfe ct th eir orga n ­
Iron feeMrtt* *o4 a*lU.
1
9
awJ.coo
9
W oo
*.84 419
i*
IVQ.Of.v
so
teoia____
4
IMW ization and possib ly m a y tu rn that org a n iza tion against th eir
so 518
3
IftaOCT
e
W«ot 'a*,OTpTiAk&tt*004#
005.3-0
a
a/ofl
*“ '«#♦ lace «&4 boxtenr.
3
fin.soo
*
1* 8 24* rtl em p loyers, esp ecia lly i f either qn eetions o f w a g es or o f hours
37
444,3«S
>’r.c»n»'nCr*.koMjp'r»
«<
*5
4S0.OT. o f w ork in g sh ou ld arise.
11
get bin*
nltltaerr- .
s i .tee
V8.407
tw.nv
«
it
O ver an d a b ov e a ll these cu rren ts and cross cu rren ts is the
i
KffloTM end fur*.
:l in
I
70
i
a,**e
t
BIC*!*,
Jt OAlfjU
1,7Gv
ta^OOC
a;
3
4,7?4 an ger o f President K ru g e r becau se be has n o t been ad m itted
it
intlo* ami *n*T*»ln*...
19
*0,8*1
i
i
to
the P eace C on feren ce, and th e d eterm in a tion o f the
10
a
Ifiilitur mad U kw t.........
854'^0
:n,4.-*3
IS
*>».«««
LDDttMr, «bo«D A bAHMU
it
10
14
S’Sl.HOO
83 481 British G overn m en t n o t to a llo w any lon g er th e in cessant
10
2
Liquor* »n<! tobacco........
iijOOO 1J
301.344 attem pts o f th e B oer G ov ern m en t to evade in every p ossib le
12,40*5
0tD««. **rtb«nwart> A brie*
«
4
144,14a;
4
3".OO0
H i othor
,*****.„ a . I
4«
t£ umjni w ay the con d ition s o f th e L on d on C on ven tion . Ju st n o w it
4?MSi
n \
154 2,775.,<J30 300 3,331,704 Of 11,407*970 is b elieved that th e P residen t o f th e O ra nge F ree State has
Totli OinafAetanDf..
2 rmUira.
b e com e alarm ed at th e critica l co n d itio n in w h ich th in gs
DfWfti ttOfAl
so
S3
111
*01,M*
7S1.4H5 have been allow ed t o d rift and that he is a rra n gin g fo r a
IDs
7S?,»<3 )**
^•^rtn.fOMU 404 fUh
145
544,341
1*«.4M1
2’i
14
itl
■Ea&el# lad r«*t*t>rmnu, ,.
61.219
l**f.019 m eetin g at. his capital betw een P residen t K r o g e r and the
LlDCJ 'f* DO# tob4«cr»,
51
i
71
m um
r?4.-*47
«
P residen t
Ootblritfsod fomUblnt.,
14
nil
13
433,041
OJ ,310 B ritish H igh C om m ission er f o r S ou th A fr ic a .
161.849
8*
u r j fo o d * 4*v4 carpet*, ..
♦ew,«6G
*3
101.174
517.183 Steyn is a m an o f grea t a b ility and h ig h ch a ra cter, an d his
3*
robber* anil trunk*
1«
fiO.Bii
141,353
J99
»4,*Wft in terven tion is sin cerely to be w elcom ed .
H e w ish es to see
e
rvniinf* and oreclury,.
154,523
m .w
SB
21
aoo.o It
*?|
Hardware, **ox*» A tool*.
)9
V
y i& u
184,000 peace and g ood n eigh b orlin ess preserved in S ou th A fr ic a .
Dnaxx 4od palntx,,
in
3.1
37!
SO.ceT
109 .MX
Jewelry gno eiocki...
100.005
U
ii
10j
*8.442
00.107 A n d he w ish es to a ct as a b en ev olen t m ed ia tor betw een both
to.cy.o
to o k * *&4 p a p e r * . . . . . . .
5
ft
73.500
1
117A0O sides.
Sir A lfr e d M iln er, th e H igh C om m ission er, is also a
Hat#, far* ana g io ts * . „ ,.
6;
t
■M l
3-*,841
All other.....
4JW.WI
lie
1,001.049 man o f v ery g rea t a b ility and the h igh est ch a ra cter. B ut
Total tradlo*.....,
ibO t.4SW,fc«» 7b0j 3,337,107 704 4,054.544 w h eth er President K ru g e r ca n be in d u ced t o recog n ize the
■r*k*r*aiu1 transporter*.
ti
17
610,094 n ecessity fo r m a k in g Concessions rem ains to be seen.
Ml
M on ey is p len tifu l and easy and is lik ely to con tin u e so
Total oornmere!*]........1
5,700,00*
9,007,303
Oil I7,ftl3,47r
fo r eotne m on th s yet. T h e Im p eria l Bank o f G erm a n y on
T
H
per cen t t o 4
_ ^ v li. IfOO. wool0M and ■>>tton* include all tb* bnuirfte* of tonga maos T u esd a y - i L . e d its ra te o f d is cou n t fr o m
ra.Ttnr#*: meetilnery Inrhi'lei Implement* aod twig; lumber Include# ia« p er cen t. T h is has been foreseen fo r som e tim e, fo r
pUnio*. *axb 4Dd 4eor mills. wpDtvtvn end c "jperx: elolbla* Include* milliner?
•oa iBftnxhmjt*; haw Include for* end *io*e»; chemise!* include drnjjx, ferttu- m on ey has been g r o w in g com p a ra tiv ely ab un da nt and ch ea p
»nr*. P«t0t4 aiyri oti«; pntitinx and book* ln».*to<l* «mr?»y1n* and map»: miliiojr in G erm an y. A s has been freq u en tly poin ted ou t in th is c o r ­
baking i«*tbwr end *hmmluelttde maker* of bam«»«. «*<Miery. trunk a
55™,rnBoar ffoodt: liquor* include tobacco. urine*, b t«* m and teer, g'tun* la- respon den ce, th e banks have been p u ttin g pressure u pon the
2r*T’*•^'Jbenwar# pottery, brick. Ilm** and neasnli arorerle# inefade rr,*w«* cu stom ers to rep ay th e loa n s ou tstan din g, and ba n k s in th e ir
rEwL?* :
iawnflA WUBrtkUi dry xoo*J* include carpet* end cortein*.
, ®,J»d«<TOck«rr; hardware Include* fU>*e« and tools, and Jewelry turn h ave been red u cin g in m a n y direction s th eir c o m m it­
SSSFI2?*®2djalDr*
y flY i*p<3whoaDjaoalB
T*tch®*’ Broker*
Include all real estate. note, laaoraoea m en ts. P ro b a b ly , th erefore, m on ey w ill c o n tin u e easy u n til
basin***la not the handling of actual produt t«
the b eg in n in g o f A u gu st. But the h arvestin g requ irem ents
*n<i t.fangpoTtf’yy Include ait oxcart it •■■'■•njoruteri rallwar cofivpanu-#.
w ill then lead to la rge b o rro w in g s fr o m th e banks by the a g ­
ricu ltu ra l classes. In fa ct, the m ov em en t o f the crop s w ill
3
5
then begin , and d u rin g A n g u st. Sep tem b er and O ctob er there
Is every p rob a b ility th a t rates w ill b e v ery stiff. T h e beet
i From oax own oorrDepona«ni. i
op in ion , h ow ev er, is th at th ere w ill n o t be su ch strin g en cy
L o s d o n , Saturday* M ay 13.
as last yea r, because, a» poin ted o u t a b ove, earnest efforts are
T he fo r tn ig h tly settlem en t on th e S to ck E x ch a n g e began b ein g m ade, and have been m ade fo r m on th s past, to reduce
h er- on T u esda y fo r m in in g secu rities and on W ed n esd a y fo r G erm an com m itm en t. A g o o d deal o f cou rse w ill depend
oth er secu rities, and a lm ost a t o n ce it b eca m e ev id en t that u pon w h eth er the U n ite d States w ill req u ire to w ith d ra w
th ere w as a con sid era b le sh ort a ccou n t open both in m in in g g o ld to sn y con sid era b le a m ou n t fro m G erm a n y, and fu rth e r­
and in A m erica n seenritiee. Im m ed ia tely co v e rin g by the m ore w hether the F ren ch banks w ill lea ve all th e ca p ita l
"b e a r s ” began and w ent on a ctiv ely fo r som e days. It seem s n ow invested in G erm a n y . A s su m in g th a t there are n o c o n ­
clear fro m th is that the c h ie f “ b ea r" op era tors w ere m em bers sidera ble w ith d ra w a ls e ith er b y the U n ited States or b y
o f the S to ck E xch a n ge, a ltb on g h n o d o n b t som e ou tsiders F ra n ce, the p rob a b ility is th at "the strin g en cy w ill be less
p a rticipated . B a t th e ra p id ity w ith w h ich it w as p erceived th an last year.
th a t there was a " b e a r ” a cco u n t and th at it was tim e to
H ere at h om e th e cou rse o f the m on ey m a rk et depends
cover in dicates th a t th e c h ie f op era tion s to o k p la ce w ith in ch iefly u pon the cou rse o f events in the U n ited States. I f
th s S tock E xch ange.
m on ey sh ou ld b e com e so dear in the U n ited States th a t a
T h e tru th is th at so fa r as the A m erica n m a rk et is co n ­ large a m ou n t o f g o ld is sh ipp ed to N e w Y o rk , rates w ill
cerned the general p u b lic has not been b u yin g v e ry m u ch for ju m p u p q u ic k ly here. O th erw ise th ere w ill be a c o m p a ra ­
a con sid era b le tim e past. I t has n either been b a y in g n or tiv ely easy m arket nnleta th e strin g en cy in G erm a n y fs
been sellin g. A n d the general p u b lic h ere d id n o t u n der­ grea ter than is n o w th ou g h t proba ble.

*lonetari| Com.met:ctal£noUsiiKct»s

THE

100H

T h e general expectation is th at g o ld w ill n o t be shipped to
any considerable am ount to India. T h e C u rren cy Com ission
w ill proba bly com p lete its report, or reports, in the course o f
June. It is d ou o ted w hether it « ill recom m en d a g old loan.
In any case it is n ot prob a b le that the Indian G overn m en t
w ill borrow ju s t at the b eg in n in g o f the dearest period o f the
year. A n d alth ou gh it is K now n that Japan is preparin g fo r
a loan, it does n ot seem lik e ly that she w ill take m u ch
g o ld
M ean w h ile th e India C ou n cil continu es to sell its drafts very
su ccessfu lly . It offered fo r tender on W edn esday 40 lacs,
and th e ap p lication s am oun ted to 5505^ lacs. T h e w hole
am oun t offered w as sold at prices ran gin g from Is. 4d. per
rupee fo r b ills to Is. 4 l-32d. per rupee for te le g ra p h ic
transfers.
T he fo llo w in g retu rn sh ow s th e p osition o f th e B a n k o f
E n g la n d , th e Bank ra te o f d is co u n t, th e p r ic e o f c o n s o ls ,
A c ., co m p a re d w ith th e la st th ree yea rs:
1896.
1899,
1898.
1897.
May 10.

May 11.

Circulation.................................. 27 798.200
Public deposit*........................... 11889.5;0
Other deposits............................ 87,791 903
Government securities............ 138 8.128
Other securities
... ............. 84.183.681
Reserve o f notea and c o in ....... 19,474,«2S
I bullion, both departm'ta 80.897,086
reserve to liabilities.p.ct.
39*

S

May 13.
£

May 12

26.194,170

27,666.646 27,409.205
11,1'8 478 10.1B-.7S4
43.6I6.H1 39 448.125
13.187,963 13.P42.6S0
8* ,776.252 28.052,106
23,818,7t7 25,611,289
34,66*,412 86,220.634
43%
61%

14.L2.l65
49,4 41.954
16.260,7^5
28,501,* 8-i
87,rt78.6H6
47.0^5,766
59 1-16
2
111^
30 16-I6d.
135.241,000

rete....................percen t.
3
4
*2
Oonsola, 2% per cent.................
It* %
111
HS%
Silver;...................................
28%d. 26 1-16d. 27%a.
©earing-Houae returns......... 156,409,000 160,526,000 128.252.C00
• May 13.1897.

T he rates fo r m on ey have been as fo llo w s :
Interest allowed
for d- posit# bi

Open Market Rates.
London. I

Bank Bill*.

cq 3 Months.
Apr.
••
ai
May
**

14
81
2"
6
12

3
3
3
3
<

4 Months

6 Months

3 Mos.

Diat H'
Stock At 7-L*
OaU
Dapt
4 Mos. Banks

2 6-16 2HV2 6-16
2H @3 5 -lA
2%
•iH
2 ($21-16 2 @ 21-16
8 @2%
2%
2 1-1602% 2 i-ie® 2%
2%
2%
8 3-16&2* 2 3 -lf@ % 2 3-1* @2M 2 «@ 2 H 2<«®2%
2%<a2
3-16!»>%(32U
2%
2W®2%
2%

i% m
i% i *
i « U+
w 1H
Hi 1%

i*
IH
1H
194

T h e Bank rate o f d is cou n t an d open m a rket rates at the
oh ie f Continental cities h ave been as fo llo w s :
B ates of
Interest at
Paris................
B erlin ...........
Hamburg . . . .
Frankfort. ...
Amsterdam....
Brussels.........
Vienna ...
8t, Petersburg.
Madrid
Copenhagen

May 12.
Bank
Rate.

Opei
Mark

3
4
4
4
2%
8%
5
6(4
6
6%

May 6.

April 28.

Bank
Rate.

Open
Market

Bank
Rate

8

2 16-tf
3%
3%
3«
m
2«
iH
0
3
5

3
04
4)4
4%
2)4
3)4
6
6)4
6
6

2H
8(4
3)4
f)4
2g
2*
*H
0
3
6

4%
04
2)4
3X
6
6)4
5
6

April 21.

Open Bank
Market Rate.
2 16-10
s«
3H
854
2)4
2%
iH
6
3
04

8
04
04
04
2)4
3)4
6
6%
5
6

Open
Marke>
m
354
354
8%
2)4
2%
4%
6
8
iH

Messrs. P ix le y & A b e ll w rite as fo llo w s u nder da te oi
M ay 11:
G o ld .—N o ord ers h a v e co m e t o ha n d sin ce ou r la st, an d e x cep tin g
so m e a m ou n ts req u ired fo r In d ia all re c e n t a rriv als h a v e g o n e t o the
B an k, w hich h a s re c e iv e d £ 3 0 3 ,0 0 0 in b ars and coin , w h ile £ 5 9 ,OoC
has been w ith d ra w n , chw fly f r the Gape. A rriva ls: B o m b a y , £ 7 0 ,
T2?i|A 2 i , ria iw>£ 7 2 {!.0 ■Ca.p e t >WIV * 2 6 “ .0(i0; W est rndies, £ 2 1 ,0 0 0 ;
r o t a l, £ 4 ,1 .0 0 0 . S hipm en ts: B om b a y , M ay 4; £ 6 0 ,0 0 0 . F o r m onth
K r ,i aJ.r l ' a l‘ : G erm a n y , £ 3 7 ,0 0 0 ; H ollan d . £ 1 4 3 ,0 0 0 ; B elgium ,
p r I o oo : f ra ,,oo, £ 2 0 5 ,0 0 0 . Shipm ents: G erm a n y, £ 5 1 8 ,0 0 0 ; F rance,
£ 8 3 ,0 0 0 ; J a p a n , £ 1 . 0,< 0 0; U n ited S tates, £ 1 1 9 ,0 0 0 .
t w e
’ I * . " 1 ,lle cl0 8 ° et la st w eek sliv er w as offered so freely
e ir e ii.
,ra.v6 w a y , o 2 ‘ d - A t thia l« v e l In d ia b ou g h t a few
LaLC®l8, a D d t b e p , ! ° r , a t OI>c6 reb ou n d ed . W ith severa l co n cu rre n t
®E's *o r P r°n ip t d e liv e r y grad u al rises to o k p laoe u n til 2 8 % d was
to u ch e d , i ut sin ce th e n , w ith fre e offers o f th e m eta l, the m ark et has
® laln r iv e n w ay. N ew Y o r k h a s offered com parat h olv little. Indian
F i e * B »- ' 2 p e r 100 tola lis. A rriv a ls : N e w Y o r k , £ 1 2 0 ,0 0 0 : W est
* i n ^ B(i n £w 8 0<12 ; T o ,a L * i 4 8 ,0 0 0 - SbiP 'e n t e : B om b a y , M a y 4,
1
? J° Dg K n n g ' * 2 2 -™ 8 - „ T n ,a '- £ 3 2 ,7 0 8 . F o r m on th o t A p rii
a rriv a ls . G e im a i-y , £ 1 7 ,0 0 ' ; B elg iu m , £ 4 5 0 ,0 0 0 ; F ra n ce £ 3 0 0 0
S h ip m en ts: Q e m a n y , £ 3 1 ,0 0 0 ; R ussia , £ 3 3 6 ,0 0 0 ; F r a n c e ,'£ 5 e !0 0 O
t h w e oofn* D o ila rs - ~ T lle re h a v e b e e n n o dea lin gs fo r s om e tim e in

B a r g o ld , lin o ___ os
D .8 . gold c o i n . ..o s
G e ru rn g o ld o oln .oz
F ren oh gold o oln .o?
J a p a n ese yen___ oz

Jfa y
11.
«.
77
76
76
76
76

d.
9
5
6
6
5

M ay
4.
s.
77
76
76
76
76

d.
9
5
6
6
5

S IL V E R .

L o n d o n S ta n d a rd .
B a r s ilv e r , fin e .. .oz .
B ar s ilv e r , o o n ta ln ’ g
d o 5 g r s. g o ld .o z .
d o i g rs. g o ld .o z .
d o 3 g rs. g o ld .o z .
C ak e s il v e r .......... oz.
M ex toa n d o lla r s . oz

M ay
4

d.
28^6

d
8 3is

28*
28%
2 85 ,„

8*
8 is
’8 6,«
30%
47%

2 7 is

„ T h e fo llo w in g sh o w s th e im p orts o f oerea l Drodune Intr
th e U n ited K in g d o m d u rin g th irty -six w eeks o f the nett
season com p a re d w ith p reviou s seasons:
IMPORTS

,
_
1 89 8 -9
I m p o r ts o fw b e a t.o w t .4 1 .3 0 3 4 5 0
............................ 1 S .27 9 . h4 3
g a «*................................. 9 ,9 1 8.6 0
£ ea *...................- ........... 1 ,6 7 « .» 3 0
............................ 1.4 1.000
In d ia n o o r n ................. 3 7 ,7 -0 260
* l0Qf ................................1 6 ,1 5 5 ,2 8 0

1 8 9 7 -8 .
4 4 ,0 2 5 ,5 1 0
le,.6 0 8 ,76 4
-----------------1
0 ,3 4 6 .6 6 0
1 .8 3 8,43 0
1 ,9 3 8.06 0
3 5 ,1 5 2 .4 0 0
1 5,3 3 5 ,9 3 0

,1 8 9 8 -9
1 8 9 7 -8 .
1 8 9 6 -7
1 8 9 5 -6 .
iV h e a tim p o rte d , o w t.4 1 ,3 0 3 ,4 5 0 4 » ,0 2 5 .5 1 0 4 7 ,3 6 6 ,8 3 0 4 5 ,4 1 0 ,2 7 0
Im p o rts o f flo u r ......... 1 6 ,1 5 5 ,2 3 0 1 5 ,3 3 5 ,9 3 0 1 5 ,2 5 4 .4 0 0 1 4 ,7 9 9 ,4 2 0
tales o f h o m e -g r o w n .2 4 ,7 3 4 ,2 7 9 1 9 ,8 5 4 ,0 0 4 1 8 ,6 3 1 ,9 8 7 1 1 ,4 7 0 ,6 1 2
T o t a l . . . . . . ............. 8 2 ,1 9 2 ,9 5 9 7 9 ,2 1 5 ,4 4 4
1 8 9 8 -9
1 8 9 7 -8 .
A v e r.p rlo e w h e a t,w e e k .2 5 s. 3d.
42s. 4 d .
A v e r a g e p r ic e , s e a s o n ..2 6 s . 5d.
348. 7d.

1 8 9 6 -7 .
1 8 9 6 -6
4 7 ,3 6 6 ,8 3 0 4 5 ,4 1 0 ,2 7 0
1 6,8 74 ,9 9 0 1 7 ,0 4 8 ,3 2 0
1 1.6 0 6 ,4 8 0
9 ,2 2 7 .5 8 0
2 ,3 6 4 ,7 4 5
1 .8 6 9 .-2 0
2 ,0 -'0 ,3 7 0
2,3:*0 102
4 3 ,1 6 6 ,0 9 0 3 1 ,0 -0 ,0 7 0
1 5,2 5 4 ,4 0 0 1 4 ,7 9 9 ,4 2 0

8 1 ,2 5 3 ,2 1 7
1 8 9 6 -7 .
28s. 4tL
2 8s. l i d .

E n g l i s h F i n a n c i a l m a r k e t s —F e r

7 1 ,6 8 0 ,3 0 2
1 89 6 -6 .
25s. 7 d .
2 5 s . Id .

C a b le .

T he daily clo s in g q u ota tion s fo r s ecu rities , e t c ., at L o n d o n
a r e reported b v c a b le as f o llo w s f o r th e w eek en d in g M a y 26.
Sat.

London

S ilv e r, p e r o u n c e .........d. 28
CJonsols., n e w , 2 % p .o ts.
F o r a o c o u n t ..................
Fr*cb ren tes(ln P aris) fr. 1 02 -5 0
S panish I s ........................
A tch. T o p . <fe S an ta F e ..
P re fe r re d .......................
('a n a d la n P a cific............
C entral P a c ific ...............
C hesap eake & O h io.......
Ohio. M il. & 8 t . P a u l....
<
Den. <fe R io Gr. o o m ____
P
M
Do
d o P r e fe r r e d ..
B rie, c o m m o n ..................
1 st p re fe r r e d ................
M
Illin o is C e n tra l...............
L o u is v ille & N a sh v ille .
W
M o. K a n . & T e x ., c o m ..
Q
N* Y. C ent’ l & H u d so n ..
N. Y . O n ta rio & W e st’n
H
N orfolk & W e st’ n p re f.
ft
N orthern P a o iflo ,c o m ..
CO
P r e fe r r e d ......................
P e n n sy lv a n ia .................
t-H
•Phila. & R e a d ................
•PIitla.& Read., 1 st p ref.
ps
•Phila.A R e a d ., 2d p re f.
S outh’n R a ilw a y , c o m ..
P r e fe r r e d .......................
O nion P a o iflo...................
P r e f e r r e d ......................
W abash , p re fe r r e d .........
• P r ic e p e r share.

M on .

T u et.

Wed

f A uri

F r i.

Q
3

2 8%
11034
110&i<»
02 27%
64M
1 8%
56
100
53%
26
1 26 %
23%
78%
13
35*fl
116
67%
12^i
1 35 %
2 5i*
6s
5< 7g
76%
657g
1 0%
27%
1 6%
12
52%
4378
77%
2 1%

2 8%
110*16
110%
102 2 0
62%
18%
5.5 %
101%
53
26
1 26 %
2278
78%
13
35%
116
67%
12%
134%
25%
6 9%
5n
78%
65%
10%
27%
1670
12
52
43%
77%
21%

28%
1101,0
110%
102-40
63
18%
55%
10130
523g
56
1 26 %
22%
78
13
3170
116%
<770
12%
1 34 %
25%
69
50
78%
65%
10%
27%
1 6%
l 70
52
43
76%
21%

2 81 ,*
1097 b
10915,g
1 0 2 -3 0
63%
1800
56%
1 01 %
54
26%
127%
23%
78%
13%
35%
116%
68%
1230
134%
25 7b
69%
4 9%
78%
6 6%
1 0%
2 8%
17%
1 2%
52%
43%
77
21%

o

w

®om.iixcrctalattdlH.tsceUattcous HLetos
i m p o r t s and E x p o r t s for the W eek , — T h e xouow ing are
the imports at N e w fork for the week ending for dry _oods
M ay 18 an d for the week ending for general merchandise
M ay 19; also totals sinse the beginning of the first week

in Ja nu a ry.
FO R E IG N IM PO RTS A T N H W Y O R K .

F o r w eek.

1899.

1898.

1896.

1897.

D ry G o o d s ___
G en’ l m e r’ d ise

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

T o t a l........
S in ce Ja n . 1.
Dry G o o d s ___
Gen’ l m er’ d ise

* 1 1 ,1 4 6 ,0 1 5

* 8 ,1 7 5 ,4 1 6

* 1 0 ,9 7 1 .0 1 4

# 8 ,9 7 9 ,2 0 6

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

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

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

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

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

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

# 1 ,5 2 6 .6 0 6
7 ,4 5 2,00 0 -

T otal 2 0 w eeks + 2 1 0 ,6 5 5 ,7 2 6 * 1 7 8 ,7 7 3 ,8 0 1 * 2 2 0 ,0 4 0 ,6 2 0 < 1 9 3 ,4 8 0 ,9 4 8

T he fo llo w in g is a sta tem en t o f th e e x p o rts (ex c. naive ( f
s p e cie )fr o m th e p o r t o f N e w Y o r k t o fo r e ig n p o r ts f o r t i e
w eek en d in g M a y 22 an d f r o m J a n u a ry 1 t o d a te :
EXPORTS PROM N E W YO R K POR TH E W E E K .

F or th e w e ek ..
P rev. r e p o rte d

1 89 9 .

1898.

1897.

1896.

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

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

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

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

T otal 2 0 w eeks * 1 8 4 ,1 9 9 ,5 8 5 * 1 9 2 ,2 8 8 ,1 0 4 # 1 5 1 ,1 1 7 ,8 6 0 # 1 5 0 ,8 7 5 ,4 4 4

T h e fo llo w in g ta b le s h o w s th e e x p o rts an d im p o rts o f
sp ecie at th e p ort o f N e w Y o r k f o r th e w eek en d in g M ay 20
an d s in ce J a n u a ry 1, 1899, an d f o r th e co rre s p o n d in g p e r io d s
in 1898 and 1897.
EXPORTS A ED IMPORTS OP SPECIE AT NEW YORK.
E xp ort*.
W eek.

M ay
11

3030

S u pplies a v a ila b le f o r c o n s u m p tio n (e x c lu s iv e o f s t o c k s on
Sep tem b er 1):

G o ld .

T h e q u o ta tio n s f o r b u llio n are rep orted aa fo llo w s :
Gold.
L o n d o n Stand ard

[Vol. Lxvm.

C H R O N IC L E

N in e e ffo n .l.

I m p o r tt.
W eek.

G re a t B rita in ...........
F r a n c e ......................
G e rm a n y ................
W est I n d ie s ..............
M e x ic o ........................
S outh A m e r ic a .........
A ll o t h e r c o u n trie s.

* 6 3 ,5 7 1

* 4 ,0 1 9 ,9 9 3
5 ,7 0 0
2.56,4.52
9 9 ,9 0 4

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

T o ta l 1 8 9 9 .........
T o ta l 1 8 9 8 .........
T o ta l 1 K97___

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

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

* 4 6 6 931
2 ,6 0 0 ,2 1 7
27 544

S ilv er.

$ 1 4 ,0 0 8
3 7 « 350

JCxporu.
W eek.

S ince J a n .1.

G reat B r it a in ..........
F ra n c e ........................
G e r m a n y ....................
W est I n d ie s ..............
M e x ico .....................
S outh A m e r ic a .........
A ll o th e r o o u n trie s .

* 8 8 9 ,4 9 0 * 1 7 ,4 2 3 ,8 2 5
1,4 2 3 ,6 8 6
500
4 ,1 8 0
5 ,3 1 0
4 0 5 .2 5 9
9 .6 0 0
3 ,2 5 0
3 8 .0 3 7
2 ,1 9 5

T o t a l 1 8 9 9 .........
T o ta l 1 8 9 8 ........
'Total 1 8 9 7 .......

* 8 9 8 .5 5 0 * 1 9 3 0 6 .7 7 2
7 2 2 ,93 1 1 6,3 8 5 ,5 8 1
9 1 3 ,4 5 3 1 8 ,3 2 8 ,4 3 5

S in c e J a n . 1.
*3 .0 0 5 .9 8 5 1 ,9 8 8 ,6 0 4
8 6 4 ,2 9 6
1 8 » ,2 5 1
9 7 ,0 8 8
2 6 9 ,7 6 3
2 7 ,1 7 3
* 6 ,4 4 1 ,1 6 0
6 7 ,0 2 8 ,5 8 4
1 ,5 2 8 ,0 7 6

Im p o r ts.
W eek.

\ S in c e J a n .l

* 6 ,1 2 0

$ 6 4 ,0 6 1

2 7.3 38
9 6 h‘2 6
3 ,6 9 2

34 0 .0 5 0
5 9 6 ,1 0 5
2 9 4 ,7 7 2
1 5 ,5 1 0

* 1 3 3 776
9 9 ,2 0 0
5 7 .3 5 0

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

May 37 1899, J

THE

N e w t o r s C it y C l e a r i n g U e a s e
B a n k s .— S ta te m e n t o f
o o n d lt io n f o r th e w e e k e n d in g M a y 30, baa ed o n a v e ra g e *
o f d a ily r e s o lt a .
W e o m it tw o c ip h e r s fO G ) i n aU e a s e s .
apua

Base s.

ju rp i'

uoam .

tsptctc

L cgais

M-FUiUkUAfi 00.__— 3.050.0 2,185,6 19.317.0 7.400.0
1,000,0 l,Q9u,t 14.411.7 3.319.1
3.000. 3.083
1 6 12.069.0 3,494 0

M e r o h * c u '. . . . . . . . .
Mocii^niea*. . . . . . . . .
K m e » e * ----------- —

F h # n ix .............. ...
Olt7 ........................

OhemlCJkl.............. . . .
MftrciiAnU' Kxefc’ f*

BtilAtin. ...... ....
B otcher*'A Dror'r#
Mectt*Glo*'A TrsA’f
ezaeawloh .—

.

Leather M*atilACT»

B erecth....................
Bf*c« of N ew York
i m a n e u KxohAUf
Commerce . . . . . . . .
» p o *d w »f . . . . . -----M ercantile. . . . . . . . .
PacUQo — -------- « . . .
B e p o b llc .
Chatham____ . . . . . . .
People** .................North A m e rica-.— .
HanoTor
l n i n j ----------------—
C iu eeaa'------ ---------H ftlM t
....—
M arket * Falfcon..
S h o e * L e ath er.,..
Corn R io h aiM je ....
Ckmtlnecital........... . .
Oriental
Im porter*'A Trad’ n

P a r k ....... .................

Meat fUrer ..............
P o o n h — — ......... Central

WSMk
Ftr**

K . T .N a r i Itxoh’ ge
N « w * 7 » r i Goar>:y"
Oarmsa Am erican.
Q ^ U h ia .-.i..,.. . . . . . .

Fifth A re n a *..........
Oermen E xchange.
g a r m a n ia ...___ . . .
L in co ln . . . . . . . . . . . . .
0 »rtlold . . . . . . . . . . . .
Fifth. ------------------Bank of the Metro;.
W ert 8ida .............
W ii._
m
Ftrat Nat. B 'klyn
B i t . Union Bank
L ib e rty .. ................
N. Y. Prod. Kxoh'ge
• k-of N. A materdan
A i t o r ....... ...............

Deposits

<3,000,1 $1*919,7 515.450.0 f8,070,0 $ 1 ,1 3 0 /

_____t of Now fo rk

1.500.0
1.000.
1,000.0
300.0
800.0
l OOO.C
300.0
400.C
300.0
800.0
300. C
1.200.0
5.000.
5.000.
1.000.
LOOO.O
433,7
1.500.0
450.0
300.0
700.0
1,000,0
500.0
800.0
500.0
0
1,000,0
1.400.0
1.000,0
300.0
1.500.0
2,000.0
250.0
4.000.
1.000.
300.0
750.0
500.0
M SI
M ai
300.0
730.0
l.OOo.O
100.0
200,0
300.0
300.0
300.0
300.0

JOO.r
500.0
3.100.0
300. t
1.200.0
r" \
1*000.0
3AO.O
350.0

2.850.4
341.4
0
4,883, a
0,498.4

23.444.0 4.341.7
857.0
4.940.0
9 7 ,^ 2 , 48,573,1
27.868,3 6,89<%7
5.081.6 1,137,3
180.4
8.507,5 1,171.9
1.690.8
997,8
2 31 9
80,3
210.0
1.730.0
UQA>
103.1
170.8
1.029.8
832.6
500, i
4,047,4
834 0
137.8
a.eoo.i
561,3
535.4
4.729.8
1,878.1*
0
28.732.0 3.564.0
3.688.5
0
27.194.1 2.738.8
1.637.3
0
0,784,3 1.481.6
1.061.6 12.648.8 3.473.9
350 0
480, t
3.554.3
889. f 19.570.8 5.183.0
745,9
8.796.9
983.2
381.2
282.4
2.047.3
802,t 12.474.0 2.8e8.1
2.409.4 39.723.9 10,461,25
C87.1
3 72. to
i ( 09 I
373.4
ft t M
3.868.4
495.7
283.9
3.831.3
954.5
982.0
0,0*3 9
b76,to
155.4
3.717.4
1.882,1 13,0*0,8 f»«75,4
587.3
5.838.3 l -447,2
184.0
401.8
2.057.0
6,838 8 25.084.0 8 918.0
2.248.8 45.528.0 17.70*.0
3 iJ ,«
1.396.2
155.4
23.969.0 3.138.7
2.095.7
0
10.441.0 2.597.0
474.8
0
7.829.0
2.952.»

788.1

348.8
7.713,0
57.2
539.4
445.0
2148.1
1,348,6
1.148.9

*0.9T».O
2.085.2
3.031.0
1,82 * 4
2,172,8
88.517.7
9.421.0
2.281.7
3.185.3
9.911.0

583.9

792.2
755.8

8.247.3
2.3 0 * 1

989.3
H I6
*84.8
441.3
1.031.8
610.2
1.103.9
386.2

5.599.3

3.823.0

10.780.0
31.778.1

368.4
336.2

169.8

4.828.0

15,193.3
4.144.8
4.057 3
3.718.1
3.907.2

t> 3 7 ,u

<15,910,
1.892.0 26,68 *.
l,3v8,7 17.719,
799.1
12.4B7,
2,141.
28.»76.
344 0
4 8*3
4,885,4 145 478,
M 0 8 t 2 9 .4 8 0 ..
8 9 a,8
6.845.0
7 t i7 /
7,114
95,6
1.237
1«3.1.862
150 1
934
8*0.1
3 803
Iflto 8 3.42
54 2 4
4 2 "6
3.523,* 24,99^
3,141.2 31,9*3
173 «
8.41 ,
833.2 14,11-3,
402 0
:<-8* 8.
781,8: 33 070

933 4

576.0
9.066.2

2.0nef6

540.1
4,390
148, | 3.06*
295.6
717 e
3i*t.5

1,371/-

421.6
431.1
1.269.0
9 /9 3 0
153,4
3 214,0

1,000.0
654.0
904.3
$59,2

439.6
432.7
341.7
38*7

405.0
7,4 77.0

s ,m 7
S5».6

4.402.to

1.033.7
631.7

*78 2
« 8 f,0

*7 *6

165.4
652.7

168.2

724.4
963.0
1.348 0
1 120,7
599,3
963.6

'

999.1
119.9!

654.3

746.0

4* 633,7 77 3*6,7 7 * 3 /0 2 ,3 3 * 3 1 8 * 6

3.41*,
0.693
4 2t-8

8 6-hto 0
9.941.0

38,828.9
2.450.3
4.830.0
4.069.0
3.189.4

9,725.8
3.324 4
4.706.0
11.472.1
7,897 0
3,4* 0 5
7.023.1
3,046 0
19.694.0

39,2 *3.4
4 /0 4 .0

Swri«*-

BAN MB,

(00a omitted.)
B * w T o n e Crrrr.
B o t t o m s of

MavaaTTAM.

$

• f

7S.a
1*0.0
u su »
100.0 5to.5
191,4
18.3
[300.0
200.0 SX.7
500.0 331.3
84-7
:
250,0! 100.3
300.0 119,7
100.0 2-t.S
115,9
107.8
H U
B t n t e ......—
n s ,7
Tw elfth W ard . ..
5U
Tw enty .third W*4
307.0
Union Hcjaare . . . .
141,0
Tor k rill* ..............

Coletuai.................
O u la c D i* ......... . . . .
Bteeenth W a rd ...
Foarteaoth street
Franklin National
O aoM -roort. . . . . . .
S a m illon — .
H ide A Leath- N at
Home.
M ean t M o m * . . . .
M a ta a l.....................
Nineteenth W ard
P laa a. , ------ -------JU raroideu............

„

100,0;

*
1-063.4
3,181.0
1.332,0
1.029,0
137,0
707.1
1.335 2
3.3* 8,3
581,3
1.873.1
1.101.7
795.3
2.175.0
8*1,9
2,018,0
1.307.2
1.025,6
3,579.0
1,514,8

Stotst.

•
11,9
lu t.0
45.9
14,1
0
6.5
58.8
1A1.S
00,0
01,0
23,7
25.1
03.5
H,1
KO.O
3*%8
27.2
50,3
109.9

ukih

$
4,0

44,5
8,3
108.0
i 04,0
194,7
187,0
39,8
33.1
28,3

9
1,161,8
3.161 0
l 522,2
1,243,0
71,5
003/
1,447,5
L * 3 -.7
654.0
3.135,0
l 201.1
1.914 4
2, J9 4.7
850,5
3.381 0
1,614 a
1,111,5
3,827.4
1,608,0

B o n o m a OF

BM OgtLTI.

37.8
27.0
58.9
14,2
30 2
44,0
25< ,7
145.0
a 4,7
109.0
SSS.4 2,706.0 121.0
N a t i^ a l C ity ........
720.4
114,4
11,6
N orth B id e.......... .
119,0
9 ‘2 /
3 i,9
People'*.. .............. .
820.9
24.0
gehermerhern . . . . 100,0; 02, t
483.7
7.8
8*-r«ni**nth W a r 100,0 i 87.7
414.0 1,144.1
92,0
Bpragoe National.
5 -4.5
9 7
454.4
T V »n ;y -* n t h W ’ rt 100,0
*07 l
7.1
100.0 i 54-1
U n io n ...
.....
524,7
12,6
100.0 I 32,0
W aU ab-7dt.........
Bo r . o f Qtmkjfa.
140,1
Qa#*t;sO o. ‘ 1* 1 , 0 .
B o n o r o a OF
ItfCBXO O.
43.7
35,0
B ask of
(«]
le t NaA.j8«*«ee r#l 100,0 j 73.2
Ot -b » h r irtea.
753.2
l e t N aL. 4 *r. Cite
Had.C«SkNaA J . t 350.0 539,9
350.0 171A
3d H at., J ot. City
200.0 2 f 0,5
I d N at.. Jor, City
l e t N at., Hoboken 110.0 13 3.4
85.1
9d N at.. Hoboken 125.0
Total* M ay 13.

Total* May

6.

B e * .*

M ay 8 .
- 13..
” 20ia .
M ay 8.
** 13
“ 20.

55.883.0 001.6^2 3 13 827,6 13948335
57,020,4 902.325.9 13.801.3 12452929

6.471.0 237.177.0 5.157.0 160.537.6
6.881.0 234.786.0 5.171.0 142,875,5
8,821.0 232.513.0 5.024.0 132,781,0

88.587. 303.403 0 17 427.0
08.587.3 202.052.0 17,544.0
88.587.3 190,598,0 17,258,0

35.388/ 139,850.0
35,388,t I42.7to3,0
35.388.1,144,238,0

1 994.6
501.0
044,0

60,0
14.7
17,8

88,1
141,4
30.3
20,4
23-9
10 1
245,1
108.3
44.4
2*0.0
205.0
54,2
40,4
27,0
30.1
10,0
25.4
14.3
44,0

SO, 9 100,0 1.353.2
95 6
1,412.6
141,0
31.7 1.350.0
43.0
3,0
277.1
48 1 24.2
545 7
142,8
75*7,7
<35.1
2,857,4
209,0
2 PP4.3
42.1
00,1
983 6
711.0
33,0 4,063 0
342,0 155.0 3.101,0
48.7
650.4
Ml,5
53,7
8H8.1
128.1
7.9
0^ 4
m2,3
9 5
431.7
)M .5
8.0 3/ f o . n
81 8
2.3
4 84
31.3
35.0
440,5
48,1 187,0
687,3

1«9.308.0 5.004.0 101,109,9
171,949 0 5 to12,0 94.771,8
173.063.0 5.020.0 90,417,3

50.413.0
48,710 0
48.088.0

• IF* O'Wt itew civhsm in ail tntst figure*.
f Inaludluff for Boston and Philadelphia the Item “ due to other banks.’ '
C o i n a g e b y U n i t e d S t a t e s M i n t s .— T h e f o l l o w i n g s t a t e ­
m e n t, k in d ly fu r n is h e d u s b y th e D ir e c to r o f th e M in t, s h o w s
th e c o in a g e a t t h e m in ts o f t h e D o it e d S t a t e s d u i in g t h e m o n t h
o f A p r il a n d th e fo n r m o n th s o f

F ou r M on ths 1899.

A p ril, 1899.
D en o m in a tio n * .

Value.

P ieces.

Value.

Pises*.

*

231,220

4,624,400

6 5 4 ,b i s

3,270,075

2,144.323 42,886.460
515,240
51 524
1,910,1.39 9,560,195
95
38

Total g o ld .........;

885,235

7,894.475

4,105,924 52,951,990

Dollars ..................j
H alf dollars..........
Quarter dollars___

1,634.000
500,000
f 01,000

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

6 ,5 ° 2 ,3 0 1

D im e s ..........................1

1 ,4 9 4 ,4 9 0

Total silver.._____

4,132,490

One-cent bronze___
Total minor........ j

510,151

149,449
2,159,449

11,575,694

7,746,006

13,070

1,606,686
4,699.686

80.384
46,997

13,070

6,306,372

177.381

1,307,000
1,807,000

h a n g e s in

L

20.8
31,8

110,4
87.1

T

egal

en ders and

N

a t io n a l

Bank N

otes to

i, a n d th e in c r e a s e o r d e c r e a s e d u r in g t h e m o n t h ; a ls o th e
c h a n g e s in l e g a l t e n d e r s h e l d f o r t h e r e d e m p t i o n o f b a n k n o t e s
u p t o M a y 1.

Vilurnal Bank F oies—
$243,052,317

A m ount o u ts ta n d in g A p r il 1 , 1 8 8 9 . ...............1
V ro ju n t lusued d a rin g A p r il............................
A m ou nt re tire d d u rin g A p r il........... ................

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

337,984
$242,714,333

Legal Tender F oies—
A m ou n t o n d e p o sit t o red eem n a tio n a l bank
n otes A p r . 1, 1 8 9 9 ............................ .............
A m ou ni d e p o site d d n rln e A p r il...............
Am t. reissued an d b an k n o te s re tire d In A p r

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

699,1
00 4.8

4 /8 9 ,9 166,3 322,8 453,0 410.1 5.34^,0
2.311 3
7S.-S 88,1 12I.H
34.4 1 /4 7 .0
(.*59,8
70.0
4 6 / 400.4
t,45to,4
870 0
35,1
04 3
72.7
25.2
702,8
i .r e i 0 111.8
21.2
»4 0 4 6 0 / 1 84^ 0
#30.H 58,4
45,5
68 9 179,6 1 128,2

1,621.718

A m ou nt o n d e n o s lt t o re d e e m n a t io n s

......
I_______________• 34.748,046
• nroulauou oi National uhoi! dan Ah, not ini laden in » i w v esz,37.'>A c c o r d in g t o th e a b o v e t h e a m o u n t o f le g a l te n d e r s o n d e ­
p o s it M a y 1 w it h th e T r e a s u r e r o f th e U n ite d S ta te s t o
r e d e e m n a t i o n a l b a n k n o t e s w a s 1 3 1 .7 4 8 ,0 4 6 .
T h e p o r tio n o f
t h is d e p o s i t m a d e ( i ) b y b a n k s b e c o m i n g i n s o l v e n t , ( 2 ) b y
ban k s g o in g in t o v o lu n t a r y liq u id a t io n , a n d (3 ) b y b a n k s r e ­
d u c in g o r r e t ir in g th e ir c ir c u la t io n , w a s as f o llo w s o n t h e
fir s t o f e a c h o f t h e la s t fiv e m o n t h s .
D opotiist>y— \ J a n . 1.

Feb. 1.

Mar. 1.

M a y 1.

A p r . 1.

»
$
$
*
tnsolrintbk* 1,796.159' 1.780,543 1.724.783 1.658.105
Jqaid ’ g bits, i 6.325,710 8.458,910 8,197,491 8,282,1Z7

1,602,238
8,283,735

i e d ’c 'g un d. •.

soto f 1874.121.597,189 21.960,749 21,825 076 23.186.098 24,862,073
!
Total.

29,719 057 32.200.20231.V47.35n 33.126.328 34,748,046

* A ot o f J u n e 2 0 , 1 8 7 * . a n d J u ly T2 1882
B o n d s H e l d b y N a t io n a l B a n k s — T h e fo llo w in g In te re st
in g s ta te m e n t fu r n is h e d b y th e C o m p t r o lle r o f th e C n r r e n o y
s h o w s t h e a r a o a n t o f e a c h c la s s o f b o n d i h e ld a g a in s t n a t io n a l
b a n k c ir c u la t io n a n d t o s e c u r e p u b lic m o n e y s iu n a tio n a l
uank d e p o s ito rie s o n A p r il 80 :
II 8 . Hands Held A p r 3 0 , i 8 « 9 ,

80,7 3,270.8
8

4 2 7 ,0 7 5

226,479

10.066,994 21,967.990 6 0 ,9 2 5 ,3 8 7

T o t a l c o in a g e ........... i
C

8 ,5 8 2 .3 0 1

1/ 20.301
1,708,301
2,204,791

1 2 0 .0 0 0

F lv e -o e n t n i c k e l ___

D e scrip tio n o f B on d s,
74,0 259,5

$

$

,

109,4 1,244,9
Bedford. ....... .
115,3 1.3 - 4.4
Broadw ay...............
10O.7 l.2»o.O
Brooklyn___ _____
340,3
MU hth W a r d ..... 100.0 i 35.1
53.0
507,8
Fifth A e e n o e ..... 100.0
774,4
58,0
150,0
!
K in gs C ounty........
471.8 1.571,0
K iw ’ifiw t'fw N ap
3 **6.0 U 00,5
M ech a n ic*.. .
994.8
139/
M ech '*' A Tradrir
565.3 3,735,0
N aa**n N ational..

Total* M ay 70

t

57,355,1 883,595.3 13.950.7 12011194
55.819 « 8»P ,62\4 13.883.2 14394729

A m o u n t o u ts ta n d in g M ay 1 ,1 8 9 9 * ........

OUvr'i OCAjt | D*
Agent BksJkt posits

9
*
*A1 151.®
71,0 180,0
58,1 180/3
82,0 173.2
73.0
7.5
•20.7
50.4
«?.4 158.5
33-i.S 124,0
85.4
41,7
95 4
07/
ICO.* 345.4
1)1,1 100.5
181,0
85.0
04,5
*1.7
V8.0
71.0
128.1 131,4
83 < 58.9
1735 21.!.*
93,4
99.3

f

t

17 07»,9
M a y 1 .— T h e C o m p t r o l l e r o f t h e C u r r e n c y h a s f u r n i s h e d
4.978 0
9.000. 4 o s t h e f o l l o w i n g , s h o w i n g t h e a m o u n t s o f n a t i o n a l b a n k n o t e s
4.143 0 A p r i l
1, t o g e t h e r w i t h
th e a m ou n ts
o u ts ta n d in g
M ay
4.373.6

57 0 3 9 .4 V * 318*9

Deposit,

~

May 8. 138.009,4;778.702 8 1 8 8 4 .W
** 1 8 . 138.009'1770 740.1 1988443
“ 20.. 138,009,* 703,50*2,2 2031838

14.5b 9 0

W e o m it tw o c ip h e r * fO O ) in a ll e a se s.

Lso_7-

! f . Y .*

Apr. 29 130.009.4 760 038 4 1891684

7, *61,0
2 0 9 -.0
37.300 0 D o a b le e a g le e ._____
0 ,**$$,'* E a g le s .. — , ...............
1.5 tn 7 H a lf e n v ie s ................
24.000 U Q u a rte r e a g l e s .,/ ... !

R e p o r t s of Non-Member Banks. — T h e f o l l o w i n g Is the
tateiaent o f c o n d i t i o n o f t h e n o n - m e m b e r b a n k s f o r the
week e n d i n g M a y 2 0 , b a a e d o n a v e r a g e s o f t h e d a l l y r e s u l t s
Lm i u *
Invetsimm«4.

A e w f o r k O i t j , B o s t o n a n d P k i l a d e i p k i a B a n k s .— B e lo w
w e fu r n is h a s u m m a ry o f th e w e e k ly re tu r n s o f th e C le a r in g ,
B o u s e B a n k s o f N e w Y o r k C it y , B o s to n a n d P h ila d e lp h ia T h e N e w Y o r k fig u r e s d o n o t in c l u d e r e s u lt s f o r t h e n o n *
m em b er b an k s.
>Mtniu,
ar«V f» CUwring**
Jajjk * | Surplus
Lssou
Ds+oslU.
0F44M
Loons,

14 8 i%

4-3a 7.o 4 ’ . •‘51.1

386.6
650.0

2 801,1
1.611,5
470.3
1.414.9

6,9*13
3.895

400 6
960 2 14 7*l«
3 544.6! 50,639

694.8
9.718.1
27-4.9
652.3
WJ4.6

1007

C H R O N IC L E .

Public Depaeite
in B a n k s.

Bank
C ircu la tio n .

S ecu re-

Total Held.

5 p. ots„ 1894, due 1904
4 per ots.. fnnded 1907
t p. ota.. 1895, due 1925
3 p. eta ,’98, due 1908-1 f
» per eta., funded 1891*.

*8,453,000
24.887,100
10.268.500
27.279,840
1.514/00

*13.998,90" 422,451,900
128,921.850 153,801,950
18.354.150
20.022,050
49,442.8>-0 70.722,700
21,450.150
22,964,650

Total. ........... ..........

* v 2, 9V9<0

*232,167,910 *304,563,880

* Redeemable a t o p t io n o f th e U n ited S tates.
tjoto.o b e .ir s J
JS)7> 4 7 .00.1 Sjbli o 08677 7
Sotos& bs-e-ioj * 7}OJ:J.004d 1.5'J.b 4.0,1 } 0a/yss &
T h e f o r e g o in g d o e s n o t in c l u d e t h e b o n d s h e ld in t h e N e w
b r a s s y 1,T0.4 1,Ss S,q 7.J07C t . * '1 < r o o o i j Y o r k S u b - T r e a s u r y a g a i n s t d e p o s i t s i n b a n k s .
T h ere w ere so

THE

1008

held on A p ril 30 $14,159,000 bon ds, m akin g the w h ole
am ount at that date in possession o f the G overnm ent as se­
cu rity fo r depcsits $86,555,540.
ihe
oourteey o f the Secretary o f the T reasury, w e are en abled to
place b efore ou r readers to-d a y the details o f G overn m en t
receipts and disbursem ents fo r the m on th o f A p ril. From
previous returns w e obtain the figures fo r previous m on th s,
and in that m anner com plete the statem ent fo r th e ten
m onths o f th e fiscal years 1898-99 and 1897-98.
Governm ent R

evenue

E x p e n d i t u r e s . — T h rou gh

and

RECEIPTS AND DISBURSEMENTS (000 omitted.)

et>o
«c ©
aoe®
® a*.-*
—«•
« c-o
VPO<0
!'

r*®
cto —
i- c*e .

O lO S C O > » «

I r-l

w so ici oj ®

I

r-. -r (N 00® ®

y?

*0

VcT*3—
?«TNp j «
OH1BHHC6 |CO
-•©»
®e» « « o»—
®
®e
fta ©
®
C
®
« X
C§«V o'o'
O*C«»O»04
vf a vp ® o ®

r-icClQ \

oVPO®
—•
—® «

y<q*.

w oono*
cc mf-ooo
©—©><»©©

8W O O C 4-

otcoot-a —

1898-99.
»
32,914,521
July—
A ugust...... 33,227,08
Septem ber. 32,119,230
October ..
33,894,124
November. 34,933,364
December. 88,208,604
January... 39,349,978
41.406,582
February..
March------ 50,697,958
48,849,067
A prll . . . . . .

o c io
o' « h

O C »«

53

8X 05

cso

vp

04_vj*O

—

V ofof"

ot

C-

C S l'

—w®
—

®0»C t-vto
vp—© a i-tvpOTN®—O

««G B

«3
—
—0
93»“
® 3>®
at* X t c »«
CIO®
>0*0 VP

ff ls e c o x
©O MSCCC
®co ® ©>®o»

®cr ©
® 1C®

© « « ® t -®
*> 0 4 C O C C O C

w t^ aca®
0 0304 04

® ® e t- c tv f t - 03 oc o —
04 ©3 t - 04 © ©

8

t^ 0 4 © ® ® CO

—

aa
—©3®
o
X CC
Q ®
1

8

fC X C X 00004

—

cqc
t>03iH

®
—

HCOMOC

04

t- c o
«VPC0

®
®

t^ooT—«w
«oaa —004

oovpr^ccef

tv®O
©w *-T

OOvpCOv-To*®

t * > t -v p ® ® O
— ® v f t - O’. O

04 —a ®

®vPC4‘ ©

1898-99.

1897-98.

1898-99.

1897-98.

*
33,460,976
26,541,439
28.434.443
31,024,413
34,112,886
34,421.230
34,633,613
36,015,776
41,239.260
37,175.3.14

t
31,662,661
86,494,35?
36.701,747
41,203,935
40,400,001
43,578,13'
38,149,094
33,396,871
42,060,954
37,477,254

S
31,142,806
31,345,828
37,437,376
34.492,610
32,340,749
39,535,651
36,918,858
31,057,349
40,359,039
39,238,131

i
9,960,264
10,906,449
11,012,241
10,188,89".
9,981,309
11,585,839
12,517,20.
12,198,993
13,554.702
11,625,239

$
12,299,674
5.202,728
6,360,542
0,799,090
0,929,147
7,879,352
10,404,000
10.602,736
10,578,087
9,164,201

G old Mo v e m e n t
® 04 ©©
cot-

Mo n th .

O

—f
® r-t O W

—e- a®
® o ®o

t-a
«
a
vp 04o
vp VP

CO—

0 04 OH

o a ®c<4
c-® ®»
004 O vp
OC- o ®
vPO
o
004 o A
04 — 04a
© « 04®

1897-98

K3 — —
» 04 C IO

®
w®
® a vp

£|ei il

W e have

d ed u cted

a® t-®o®
® © ® © ® tt- —® c-oo^
t-'oe osco

gi

C-®® C-04C0
ao4£-c-ao4

—O
®a
o w
—rH
rH—
vpc®c-

1898-99

1898-99.

1
903,56^
1,103,225
649,075
1,297,199
463,468
1,090,740
2,154,222
631.854
1,896,499
964,540

$
4,079,765
4,607,385
4,637,262
6,106,404
8,926,295
5,019,966
4,643,893
4,089/ 86
6,058,892
3,714,622

9,710,149 10,648,713 11,766,387

44,784,070

$
4,561,135
790,070
84,135
118,082
226,951
152,300
2,602,183
922,091
492.809
708,356

t

B on d s.
$ 5 ,0 0 0 C e n t. P a rk N .& E . R iv .
R R . c o n s o l. 7 s, 1 9 0 2 , J<fcD,
111 * in t.
$ 1 3 ,0 0 0 D r y D o c k E . B ’ w a y
& B a lt . R R . g e n . 5s, 1 9 3 2 ,
J & D ................................1 18 % & i n t
$ 3 ,0 0 0 H o lly W a y n e & M o n ­
r o e R R . 8 s, fr e e o f G o v t.
t a x , 1 9 0 1 , J & J , g u a r ...........IO874
$ 8 ,0 0 0 G ra n d R a p id s & I n d .
B R . Co. 1 st 7s, O c t., 1 8 9 9 ,
g u a r ............................................10379
$ 2 ,0 0 0 N o rth C hic. St. R R .
5s, 1 9 0 6 , J & J ........................... 1 0 6 7s
$ 4 ,0 0 0 P e n n . R R . E q u ip . T r.
“ A ” 4s, 1 9 1 4 , M & S ............ 10779
£ 1 ,0 0 0 C ity o f St. L o u is s te r­
lin g 4 s, 1 9 1 3 , A & O ................ 10519
$ 4 ,0 0 0 C ol. & In d . C ent. R R .
1 st 7 s, 1 9 0 1 , J & J ..................1197a
$ 6 8 0 A tla n t ic M u tu a l In s.
Co. s c r ip o f 1 8 9 8 .................. 106
$ 5 ,0 0 0 G r a m e r c y S u g a r C o.
1 st 6s, 1 9 2 3 .............................. 78
$ 3 0 ,0 0 0 S ilv. S p rin g s O ca la &
G u lf R R . 1 st R R . 1. g. s. f.
4 s, 1 9 1 8 ..................................... 8579
$ 5 ,0 0 0 A tla n . C o a s t E le c t r ic
R R gen . 5s, 1 9 4 6 , J & J ........ 82>*

0404
c-®
vpa

Is

in c lu d e d

1897-98

»
66,103
535,122
2,678,139
1,011,030
049,098
1,195,071
1,484,074
264,193
723,738
1,103,681

A u c t io n S a le s .— A m o n g o tn e r s e cu ritie s th e fo llo w in g ,n t
reg u la rly dea lt in at th e B oard, w e re rece n tly so ld at a u ctio n
B y Messrs. A d ria n H , M u ller & Son :

C o .:
B on d s.
$ 1 7 ,0 0 0 O h io M in in g & M fg . )
Co. 1 st 6 s ................................. >2579
$ 6 0 0 d o . b o n d s c r i p ............... 1

faulting atrtl ffimmctal.
FISK & ROBINSON

t h o s e ite m s , as th e y d o n o t b e lo n g t o t h e

r e g u la r in c o m e a c c o u n t , a n d i f

Y ou r.

Exports.

1898-99.

86 8 ’ 8.448 71,998,817

new

Imports.

Shares.
12 B l e e c t e r St. & F u lt o n
F e r r y B E . C o ................... SS'd
a —®
o ® o a t>a
2 2 0 S e co n d N at. B a n k o l P a t ­
®*—
c^ooT efof W
e rs o n , N. J . . . ................. 256
OH
a —r—v^OOC®
r-®e
®r-aa®
o
1 0 C e n tra l T ru st C o ........... 2 0 0 6
c t -o
®« o
c t- — c- o ®
c-w ooo®
oa
4 0 P e o p le ’ s T r. C o ., B ’M y n .3 1 1
c^n eoo
at-®
a c- a t- a ®
©o
CCS
25 G e rm a n -A m e r. In s. C o .,5 2 0 1®
Ofvp® 040
03 0 04 v#C*
—®
—
5 N . Y . L ife In s . & T ru st
C o..................................... 1 47 6
6 S e v e n th N a t. B a n k , N. Y . 175
® (Q
7 M e c h a n ics ’ N at. H a n k... 21
;
•
®
C
£ a
I : : :
4 0 N in th N at. B a n k ________ 9 4
I : i
13 C o m E x ch a n g e B ’ k . 370 -3 7 3
® ctoo
5 H a n o v e r N at. B a n k ....... 7 4 0
a a
® ® 1 00 C o lo n ia l T r u s t C o ........... 4167a
■£ 3
«a
2 S e co n d A v e . R R . C o ....... 1967a
Pi ® 03
s i3
4 4 N at. B ro a d w a y B ’ k .2 4 5 7 «-2 4 6
CD0
lg i : »g«
<5
r~Q 5 8 F a rm e rs ’ L. & T r . C o ... 14367a
M0.0. h
"3 3 g i : 'B ° S
aa
g*
:
k
S
s
£
.0.0
17 S h oe & L e a th e r N a t. B k .1 0 6
o D= s t - £ ®
s2®s
C
D
®
s f c v S3 § 2
o fl c —
8 K in « s C o. T ru st C o ......... 350
:f ia
SoS a.
*E fezfi£ fi
SEfezfiafi
o5
10 L a w y e rs ’ S u re ty C o ......... 106
a
a
55
a
2 0 0 V e ta M a d ra M illin g &
• Deducted from N ovem ber“ Mtscellaneous” 1897............A ion n
R e d u c t 'n C o., $ 2 5 e a ch .$ 6 lo t
Received from Union Pacltic Railroad P urchase........ ..........5 ? 18,194,018 00
6 0 B ’ k o f N. Y „ N. B . A .250-2507a
t Deducted from November “ Civil and Miscellaneous” 1897. > C/1 Ki4Q <,«« o«
2 C e n tra l T ru st C o ......... 2 00 2
Uninvested cash in U. P. Sinking Fund........................................) $4,549,308 26
45 N at. P ark B a n k ........5 20 -5 2 7ia
•Deducted from December “ Miscellaneous” 1897............... ) d01 „ 1 ( t o . .
Reoelved from Union Pacific Railroad Purchase....................... i 531,715,204 14 1 0 0 A m e r ic a n B o n d & M ort.
G u a ra n ty C o .................... 150
• Deducted from January, “ Miscellaneous” 1898................ ) ®q MO AAt aa
B onds
Reoelved from Union Pacific Railroad purchase 1897-98.......... S ♦y»5t{8»401 00
• U ducted fr m March, “ Miscellaneous” 1899....................... )
, - no 0 . . , . $ 3 ,0 0 0 B le e c k e r St. & F u lto n
Received on account o f Central Pacific In d eb 'ed n ess........ i Jpiii< 9 o,3 »4 14
F e rr y R R . 7s, 1 9 0 0 , J & J ,
• Deducted fr- m March, “ Miscellaneous” 1898....................... )
*.0___
1 0 1 78 & in t.
Received from Ka sas Pacific RR. purchase 1897-8................. \
53,651,500
B y M essrs, R . V . H arn ett &
•Deducted from April “ Miscellaneous” 1898.......................... )
„
Received fr m Kansas Pacific Railroad purchase 1897-98
\
52,652,500
S hares.
• Including pa> meat o f $20,000,000 Treaty obligation with Spain.
1 0 G erm a n A m e r. R e a l Est.
T itle G u ar. C o .......................3710
T o m a k e t h e fig u r e s c o n f o r m t o t h e G o v e r n m e n t s ta te ­
3 0 C lias. S. C affrey C o., C am m e n t , t h e a m o u n t s m e n t i o n e d in a b o v e f o o t - n o t e s s h o u l d b e __ d e n , N . J .................................... $ 5 5 0
a d d e d t o t h e R e c e i p t s o r D i s b u r s e m e n t s a s i n d i c a t e d t h e r e i n . 2 0 E d w a r d S m ith & C o ______ $ 5 6 0

o®r-

Si l v e r -

Exports.

%
$
230,918
1,754,927
July.........
3,993,450 1,884,354
A ugust......
September., 12,465,248
393,450
9,616.011 8,989,000
October...
684,043
354,512
November.
2,709,477
290,047
December
January
2,560,239 3,102.080
1,232,710
939,928
February..
1,067,846 20,868,692
M arch.......
714.495 28,889,263
April..........
T o t a l...

N ew Yo r k .

at

Imports.

— vp

OO

&.C41-c- a ®

1897-98.

®®

r“ O)

® i-o o o ®
® vP® vp I- 03
aa o»o« —

— IC 3C 90® w

®®04aa®
a® o OK3

»«o
—cTc**
o —®

^eccoca

0 03o f

vp® c—® 0

CCvf ®
t««®
t - — 04

*t> e o
>»«
lO 8

® x c n t-c o
8 tv c^ ® 8

a« « *a®
CN'- ’ fO l'r e t V r - ’ oiV

T © 04

N ew Y o r k . C ustoms R e c eipts
a t New Y o r k .

Exports.

f 80.000,571 337,059,370 381.124,990 352,868.397 12A.6ai.lf7 85,279.403

1898-99.

NC90 ot »
N V-C o>
r-“

m ovem ent a t

Imports.

T h e im p orts an d ex p orts o f g o ld an d silv e r fo r th e ten
m onths h ave b een as fo llo w s :

ooa
avp

O vp t - Oi ® ®

—®«O04vf

8

Mb r c h a n d is r
MONTH

T otal-.

oieaocr ®©

0_NOIO® —
a*fe> o o
15®
cc
£>vf —a io
O — C4 t - 04 oo

8

[VOL. LXVIII.

C H R O N IC L E .

w o u ld d is tu r b th e

c o m p a r is o n w ith fo r m e r a n d fu tu r e y ea rs.

36 NASSAU STRE E T. N EW YO R K .

T r e a s u r y C u r r e n c y H o l d in g s . — T h e f o l l o w i n g c o m p ila ­
t io n , b a s e d o n o ffic ia l G o v e r n m e n t s ta te m e n ts in d ic a t e s th e
c u r r e n c y h o l d i n g s o f t h e T r e a s u r y o n t h e fir s t o f F e b r u a r v
M a r c h , A p r i l a n d M a y , 1899.

BAN KERS

TREASDBT NET HOLDINGS.
Holding in ■S .lh -T r^u rU ,- ^
\
^
Jf’89' Apr' V '89'
Ma« L
Net sold coin nod bullion..........228.S62.8U 28l,12(.«88 245 413 707 24« 110 99ft
2 e‘ W Toet ”01n» n<1 l>'lll|o o ........ 11.200.768
K4C4>85
5 554 321
6 822 632
Net U. 8. Tree.upy notes............ 1,988.627
1.800.821
878 579
969 239
N etle«»l-tendor n o te ................. 14.807.858 16,270,018 18,820 899 13 868611
Netnetlonel bank n o te .............. 6,748,207
3.709,469
2 873 402
3 9 1 o ;o i
Net fractional.Hvor.................... 0.031,831
7,186;817
0,894,874
olm O S I

IN V E S T M E N T

BAN KERS,
*7 *

i t

P IN K S T R E E T ,

__ A o io n l flash balance............ 274,681,070 209.103.613 284,C43,1C4 208,127,638
• ''Chiefly disbursing officer*’ balances."
F o r e i g n T r a d e o f N e w Y o r k — M o n t h l y S t a t e m e n t .— In
a d dition to th e oth er tables g iven in th is departm ent, m a de
up fr o m w eek ly returns, w e g iv e th e fo llo w in g figures fo r
the fu ll m onths, also issued b y ou r N ew Y o rk Custom H ou se
T h e first statem ent co v e rs th e tota l im ports and ex p orts o f
m erchandise and th e C u stom s receip ts fo r the ten m onths
o f the last tw o seasons.

GEORGE H . ROBINSON,
Member N. Y. Stock Exchange.

Spencer Trask & Co.,

Total ca»b In 8ub-Treas’» neL209.449,622 207,081.338 275 54 ! 342 277 19ft Sin
Amount In national bank.......... 88,086,387 85,114,019 SH^iojsn 85,170,604
C'lieh In b a n k .* »ab-trea»...358,l94.849 362,176.957 301.082 081 302 297 484
D e d n c l other llabllltlo., -net.. 83,860,173 83,072,441 80,033,917 fl9,lt>9,001

S E C U R IT I E S .

H A R V E Y E D W ARD FISK.
________

.

.

.

NEW

(• B E ,

9 5 State S treet, A lb a n y .

___________I N V E S T M E N T

S E C U R IT IE S .

G eorge B a r c l a y M o f f a t .

M

o f f a t

A l e x a n d e r M. W h it e , J r .

&

W

h i t e

,

B A N KERS
N o. 1 N ASSAU S T R E E T ,

IN V E S T M E N T

.

.

.

NEW

S E C U R IT IE S

.

YO RK .

THE

May 27, '828. |

C H K 0N 1C LE

b a n k e t s 7 (S a e e tto .
n m oiiist.
When

For

Ifim t o f Company.

O em .

l u c , jjWi ^ ii,uvu p r e m t u i n ; o i l u u u iS ) *u u . p ox qtijUU" y i o i u i u u i t

United States Bonds.—Spies of Government bonds at tne
Board include $3,000 Is. coup., i; 25, at 130%; $10,000
Is, reg., 1985, at 130%': $33,3004s, reg., 1907, at lin% to 113;
$92,500 3s, coup., at 108% to 109%; $1,500 ditto (small bonds),
at 108% to 108Jg. and $lu,0 0 3s, reg., at 112%. The follow­
ing are the daily closing quotations: f o r y e a r ly r a n g e see

B ook s closed .

( Days inclusive.)

P a ya b le

R a i l r o a d * (S t e a m . )
O hio. & E ast. n tla ota . c o m ........... |
“
•'
p r e f., q n a r :
D e la w a re A H u d son lq a a r i .........
S tre e t R a i l w a y s .
E x e te r (Jf.H .) S t B y . (q n a r.) — I
B ank
D n io n S q u a re .....................................
lilie e lla n e o a t .
A m e rica n C erea l (q n a r .)................I
C o n solid a te d Ga*, N. Y. (qaar.>.|
Cram p (W m . i & S o m ,S . A E. B .(q u ) I
G e n e ra ! E le e trlc, co m ____ _____
In te rn a tio n a l P a p er, e on j-lqu ar.)
do
do
p re f.(q u a r.)j
8 t L o u ie T e r m in '],C a p p le e Slat.
* P ro p ., c o m m o n ......................... f
P re fe r re d . . ..................
I
C n lte d State* L ea th er, p f. (q n a r.}

1U09

1 June 15 to June IS

s e v e n th p a g e fo llow in g .__________________________________________
i

t o J u n e 15

1%

Jane

1

3

June

1

to J u n e

1

.M ay
_

t o ------------

m

-June 1 5 'Jane 2 t o J u n e 1 5

1%
1%

J u ly

to J u n e 15
t o J u ly 16

m

U } l July
l

2 5 --------- t o

>. May

1 q ’ J u ly

-----------

1 J u n e 1 6 t o J n ly

W A L L S T K K K T , F R I D A Y . M A Y 2 8 . 1 S 8 H .- 5 P. M .

I n te r e s t1 M ay
P er io d s. 2 0
2 8 ,..........
3a, 1 91 8 ............. reg.
3s, 1 9 1 8 .
3a, 1918, s m a ll, re c.
3a, 1 9 1 8 , s m a ll., o’p .
4 8 ,1 9 0 7 . . . . . * . . r e g .
4 8 ,1 9 0 7 .
4a, 1 925 ..........reg .
4a, 1 9 2 5 . ..........cou p .
5a, 1 90 4 ............. reg .
5 b, 1 9 0 4 . ..........o on p .

M ay
22.

l . - M o h . '1 0 0 1,1-100
I .- F e b .- 1 0 8 5 s 1-1085s
, - F e b . 108 V 1085s
.........
- F e b .i ........
, - F e b . . 1 0 8 5s “ 108
. - J a n . 1*112*1 - I 1 2 * i
> .-J a B .!* 1 1 3 % !* 1 1 3 q i
. - F e b . 1-130 :'1 3 0
, - F e b . “ 130
'1 3 0
.-F e b . - U 2 V - H 2 1 ,
, - F e b . •112*4 “ 1 1 2 q

Ifa y
23.

M ay
24

*100
‘ 1 00
“ 1085, •10S78
108*. 1081k
..
io s q
-10S
1127*1 1 1 2 7g
•1131, '1 1 3 ^
“ ISO
130^
130*3 “ 130
1125,
•112*4 * 1 1 2 ^

J fo y
26.

M ay
25

*100 •100
*108*i *108*4
109
109%
......
“ 108*4 1 0 8 7a
•1127s •1127,
*1130' “ 113*4
*130 *130*4
•130 ‘ 130*4
'1 1 2 * ■112%
•1125*r i i 2 s «

-T b ta la t h e o r lo e b id a t th e m o r a in e b o a r d ; n o sa le w a s m a d e .

Cains.—Following are the current quotations in gold for
coins
and bullion;
S o v e re ig n s

F in e S ilv e r b a r s . . — 6 1 » — 6 2 %
____ . . . $ * 8 6 » $ 4 89
The Money Market and Financial Situation.—An analy­
F iv e fr a n c s ........... — 9 3 » — 9 6
le o n a ............. 3 8 6 ■9 3 9 0
sis of the security markets for the week suggests that some KI aI p oRelehmarks.
M e x ic a n d o l la r s .. — 4 7 V 9 — 49
4 70 3 4 82
changes in that department are in progress. The smaller 2 5 P eseta s............. 4 78 3 4 81 P e ru v ia n s o l s . . . . — 4 3 9 — 44
volume of business is evidence that parties who have been Spaa- Doubloons.15 50 315 60 B0 n. 8s lla
b s il v e r . . .
4 8 2 ® 4 86
. tra d e d oU a rs — 6 0 9 — 7 0
Doubloons. 15 50 915 60
conspicuous in the activity of recent months are curtailing Mex.
Fine
cold
bars...
par
9
q
pretn.
their operations, and also that the outside public is less in- j
tereeted in Wail Street than it recently was. Encouraged State and Railroad Bonds.—Sales of State bonds at the
by these features and by unfavorable reports in regard to I Board are limited to $6,300 Virginia fund, debt 2-3s of 1991
the winter-wheat crop, the bear element at the Stock Ex­ at 85 and $25,000 Virginia 6s deferred trust receipts at 8%.
change has madd repeated efforts to depress the market, The sympathy usually existing between the market for
with some degree of success.
railway bonds and the stock market is not apparent this
On the other hand a much easier money market has pre­ week. Railway bonds have been in sufficient demand to
vented any considerable liquidation of stocks and has en hold the market firm, and in several cases quotations are
conraged investment buying. As a consequence a large pro­ notably higher than last week. Offerings of high-grade
portion of stock transactions has been of a professional j bonds were exceptionally limited and such increase in the
character, and the market for Government and rail vay volume of business as occurred on Thursday, when the
bonds has been continuously firm and relatively active, j transactions were fifty per cent larger than on Monday and
To-day the markets were irregular and unsteady in antici­ Wednesday, was confined chiefly to speculative issues, in­
pation of a suspension of business from Saturday noon 1cluding Atchison, Baltimore & Ohio, Reading. St. Louis
until Wednesday morning. Late reports of railway earn­ Southwestern and Wisconsin Central. The last-named was
ings in many cases have a tendency to strength-n one of several issues which advanced over a point, and
the market for the securities directly affected, and of | Northern Pacific prior lien and Metropolitan West Side
these St Paol and Central of New Jersey are conspicuous Elevated (Chicago) 4s advanced 2 points.
in their respective groups. As noted above, the money mar Stock and Bond Sales.—The fob owing shows the volume
kflt is decidedly easier, and rates are now the lowest that of business in stocks and bonds on the New York Stock
have been quoted for several months.
pasten dweek
and sinoa.---------J
January
l.
The open market rates for call leans on the Stock Exchange Exchange for <-*theWeek
in g M a y 2(3
a n . 1 to M a y 2 6 .-----daring the week on stock and bond collaterals have ranged M. T. dales
Stock Seek.
1899.
1388.
1899.
1898.
«ottKm <lt
•H O .-’ OO
*1,0 0 0
* 5 ,14 8 ,8 0 0
*8 ,0 39,50 0
from 1 to 4 per cent To day’s rates on call were 2 to 3 (JoT«ram
b o n d * -.........
*0,000
17,000
1.500,800
098,900
per cent. Prime commercial paper quoted 3% to 4% per cent State
. 6ood».
*1,101,000 19,419,500
477,741,000
315.900,310
The Bank of England weekly statement on Thursday 1 UK.Tao tan lHl...............
*19,430.500
*485,481,500 *310,644,510
•bowed a decrease in bullion of £484 515, and the percentage S to c k l-K o , ,h M e . *91,*71,800
9,934,965
I.S43.S93
80.195 918
49,315,086
rf reserve to liabilities was 38-90, against 39-35 last week; tne Bfcn)LahM«ft,pM
P « H i n t . . . .**10,374,000 *177,670,950 *8,651,490,500 *4,141,867,675
*1
*9,000
*376,530
*80,175
discount rate remains unchanged at 8 per cent. The Bank
We add
the
following
daily
record
of
the
transactions:
of France shows an increase of 4,775,000 francs in gold and Week
en d in g .------------ Slacks.----------- . B a il r o o d , tie. S tale
XT, 8,
8,735,000 francs in silver.
P a r va lu e.
B on d s.
B on d s.
B onds.
The New York City Clearing-House banka In their state­ 8 *M4a0y7 266*,17 8. .9. 9* .1 3 *Shares.
.0 1 4
*t?,O «5.900
*9,789,000
.........
*3,000
ment of May 20 showed an increase in the reserve held Ta«*1*7...................
M os5*7................... 413.385
41.001,830
*,909,000
8,600
405,839
Ml
w
8,300
3,677,500
*5,000
47,600
of $7,884.81)0, and a surplus over the required reserve of W *0aw d*7........... 403,711 39.980,100 3,871,500
45,000
|34 031,528, against $27,137,625 the previous week.
T3 57*4*7................. 435,951
41.31*,050
4.407,000
*5,000
19,500
m ar ...................... 803,816 88.130,800
4,434,000
94,000
t

1 89 9
M ay 20
c a p ita l___ . . . . . . .
• o r p in ,. . . . . . . . . .
L oan* A d ise'a ta
C ir cu la tio n ...........
* • » flepottlta. . . . .
S p o o ls . .
. ...
L-asal te n d e r * . . .
tteaerv* h e ld ____
L e ca l r e e e r v e ....
s u r p lu s re s e rv e

D iS tren 'sfr'm
P rtv . w eek.

1 89 8
M ay 21

1897
M ay 2 2.

*
*
*
*
5 9 ,0 2 2 ,7 0 0 5 9 .7 7 2 ,7 0 0
S S.622.70Q
................
77.>88,700!
............. .
i 7 5 ,6 4 1 .9 0 0 7 3 ,9 5 3 ,8 0 0
7 6 3 ,5 0 2 .2 0 0 D e c .7,2 43.(.TO 5 8 1 ,5 2 5 .0 0 0 5 0 4 ,9 5 2 ,»0 0
!3 ,8 « 1 ,3 0 * ' D e e
2 6 ,2 0 0 U .744.O 0O 1 4.4 05 .8 0 0
i> 2.32* .9 0 0 in<;. 7 6 .7 6 0 0 6 3 0 .9 8 7 3 0 0 5 7 2 ,1 3 1 .4 0 0
2 0 3 .1 8 3 .6 0 0 In o 6 .5 3 9 ,3 9 0 1 6 9 .4 0 2 ,8 0 0 100 ,73A .300
5 7 ,0 2 9 .4 0 0 I n c 1 .1 4 5 .5 0 0 5 1 ,5 5 9 .4 0 0 8 8 .2 9 5 ,5 0 0
2 6 0 .2 1 8 .0 0 0 Ino .7 .6 8 4 ,8 9 0 2 2 0 .9 6 2 .7 0 o ‘ 1 3 9 ,0 3 1 .8 0 0
2 8 5 3 8 1 .4 7 5 (n o . 1 9 0 .9 0 0 1 7 0 .2 4 6 ,9 5 0 1 4 3 ,0 3 2 .8 5 0
3 4 ,0 3 1 3 2 5 I n o .7 ,4 9 3 ,9 0 0

5 0 ,7 1 5 ,2S0! 45,<■ 0 8 .9 * 0

Foreign Exchange.—The foreign exchange market was firm
during tne early part of the week, but began to grow easier
on Wednesday and so continued to the close. Rates declined.
To-day’s actual rates of exebange were as follows: Bankers’
sixty days’ sterling, 4 85%04 85%; demand, 4 87%<34 67% ;
cable*, 4 88-34 88%; prime commercial, sixty days, 4 65(3
4 “5%; d jcnmentary commercial, sixty days, 4 84%(S4 85%;
gram for payment, 4 85)24 85%: cotton for payment,, 4 84% <b
4 "4%; cotton for acceptance. 4 65:04 85%.
P o s te d ra te s o f le a d in g b a n k e rs f o llo w :

M ay 26

ffiziy day*.

D rm a n d .

Prim * banker*’ atoriiag b ill* on London. 4 8 6 * 4 8 8 % 4 8 8 3 4 881*
P rim e o o to m e rela l. .................................. « . . . 4 85 3 4 85H
..............
D o c u m e n ta r y e o m m e r c la L .......................
4 8 4 g * 4 8sq
.............
Part* b a n k e r* ' f f r a m e * ) ,........................... b ls trtM« i8 k ; 9
<g u ild er*) b a n k e r * -...........
( O b .a i O M
t n q .w jo q
F r a n k fo r t o r B rem en (relch m a rk *) V k e r t
9 4 H ,.3 B 4 H
95% *9S 7|,

The following were the rates of domestic exchange tn
New York at the under-mentioned cities to-day: Savannah,
buying 1 16 discount, selling 75c. per $1,000 premium; Charles­
ton buying par. selling % premium; New Orleans, bank,

The sales on the
Boston and Philadelphia PkU
Exchanges
were:
adtXpk ia .---------— Bo* t o n .T o t a l ................. 3 .3 3 4 .356

’iA U n U j..
Monday .
TM**dAy...
W ^ lc V r y .
Than*)**..
F rid a y.* ..

L ifted
•kart*.
9 7 /^ 4
M
98,48*$
93,745
87.419
97,005

T ot*L . *.171,931

* 3 19 .3 7 4 .0 0 0

* I , lOI.OOO

U nlisted
•kart*.
6, 40.6
10,251
92,081
11,354
K.9H0
11.504

B on d
•alt*.
1*4.500
09.140
49.085
183.850
51,000
89,887

L isted
sh ares.
19,094
17,108
J7,841
21,116
90,248
10,284

70,656

031*019

98,571

*80,000

(1 4 0 ,3 0 0

e n lis te d
•hart*.
14.448
97,480
89.810
50,528
92,456
29.468

B ond
• a ltt.
9 5 1,747
84,100
86,800
*5,000
89,869
150,169

198,490

547.059

Railroad and Miscellaneous Stocks.—The stock market
has been irregular bat generally weak in tone. Transactions
were on a smaller scale than of late, the daily average being
only a little over 400,000 shares, a large part of which may
be attributed to professional operations. Standard railway
shares were neglected and industrial and traction stocks
conspicuous for activity. The anthracite coal issues
were notably strong and made substantial advances.
St. Paul was relatively firm on Its excellent traffic re­
port for the month of April, and this had a stimulating
. fleet upon the entire granger group. Atchison preferred
was the most active of the railway list, being a favorite on
the London Exchange. As usual, the local tracion issues
were irregular features. Metropolitan Street Railway fluctu­
ated over a range of 11% points; Third Avenue, 5% points;
Brooklyn Rapid Transit, 5 points, and Manhattan Elevated,
8 points.
While considerable attention has been directed to the
newer iron and steel stocks, American Sugar Refining con­
tinues the favorite in certain speculative circles and has been
by far the most active stock on the list, although its fluctua­
tions were relatively narrow. For highly erratic movement,
New York Air Brake was moat conspicuous, selling on Tues­
day 20% points above last week’s closing price, a Targe part
of which it has since lost.

J010

THE

C H R O N I C L E . — STOCK

PRICES (2 pages) P age 1.

[Vol, LXVlll.

New York Stook Exohange—A Daily, Weekly and Yearly Beoord.
1899.

8 T 0 0 8 8 - H I G H B 3 T A M D L O W B 8 T 8A .L B P R IC B 8 .
S a tu rd a y,
M a y 20.
•19

•86
18*

T u esd a y,
M ay 23.

JHoiid'ty,
M ay 22.

1H*

18*
66*

53* 55*
67
67
59
54
74
74•0*114}
30
36
•67
75
9 * * 97
5 3 * 539

70
69
54* 84*
74* 74*
114* 116*
•90
88
•66
75
97* 97*
54* 54*
1119 119
59* 89*
95* 95*
181* 181*
5*
6
60
60*
• 7 4 * 78
•191 194
18* 14*
•89
91
♦ 6 9 * 70
• 8 8 * 85
•9
10
•88
49
198*194
•169 1 7 0 *
•153*184
•199 199

1 10 * 111
59

5*
75
, 184

•8*

35

8J

•98
42
199*193*
170 170
1 5 9 * 153V
199 195
111 111* 1 0 9 * 111
9 2 * 93
•98
96
•170 180
•170 180
90
19
80* 90*
62
64
54
• 54* 5 5 *

Vi

♦......... 43£
•B*

C*

09

22*

22*

76
•18
•4*
18
•19*

769
17
5}
18
18

" i 's'h ‘ 0 “
40
40
I18H 18X
1 1 0 * 117
100* 100*
3SX
70X 7 0 *
1 6 * 18X

146
46
1 1 8 * 18}
117 117V
166 160}

•46
•18* 1 9 *
118 118
• 1 6 4 * 168
83* 88*
77*
76* —
•16
17
•5
5*
18*
•18
•18* 1 3 *
• 8 4 * 35
• 1 7 * 18
89* 89*
•76
79*

35
174

31

•83”
•173

•15
•35

•68
•200

•08

76
66*

110*111*
990 832
14* 14*
5 3 * 54
14
14*
4
4

•100

123
155
118
•19
•48
•10*
9

•3

•8
•16
•85
•16

•58

1«M
84
18X
39
79X

.......

65 ”

•76

•......... 85
155* 5 5 *
114 114
•19
13*
44
44
•10* 1 8 *
9*
9*

•70
06*

ll» X
34
•17H
89
♦70

i

•63
•23
174

59*

•93

•200
•68

• a s " 'a s '"
1 7 3 * 173*

25
175

I 3 4 « 24H
•55
S IX
i 113H 11SH
4
in *
45
44H 44X
1 8 *4 *10H 18X
•9
10
§3
3
17
•15
•35
50
i M6
18*
» 0 7 * 87X

05*

73
60

916
•14
154
13*

14

*
*

•100*

73* 73*
B5H 05%
109* 111*
210*225
18*
•SH

*

58

195
83
69*

71
• 1 2 * 18
1 2 * 12 *
34* 34*
83
84i 4
48* 44*
i
43
•41
42
•41
•183 185
■183 185
189*183
181* 182 4
14
•18
14
•13
•85
75
60
66
•80
88
83
•29

’ 57*

13X
4
59

......

93H 94X
3 3 « 34
70
70
13
M2
8SX 84
4 i n 42X
43
•41
•183 185
181*182
14
•18
75
•05
•89
83

U ...................
•*10

815

8“

85H S5H
•1BW ~ «7«

50

4215

21V

20

20

95V4
■4

4

BOH

IV* X*
•69
•89

•88
•56
198* 198*
• 4 7 * 50
•82
84

•88

44

•89
•83
155

42
88

47*
•82

4H
84

F r id a y ,
M a y 26

W. Y . STO O K E X C H .

.

Bangs fo r prtvious year fl898L

L o w e st. |H igh est.

18

43*

•16

18
42*
18*

♦10

A

0* 0

59

•88*

T hu rsday,
M a y 25.

Bales Range for year
o f the On basis o f too+h’re lots
Week.
Highest
L ow est.
S hares

R a ilr o a d S to ck * .
200 14 Apr 29 1 7 * Jan 14 11 Apr
nn A r b o r ....* ...............
18
7,074 30 May 8 4 3 * May 23 84 Jan
Do
prof.
4194
9,340 17 May 9 24%F*b 23 1 0 * A p r
„
18H Atoh. Topeka A Santa Fe. 107,187 5
18*
0 * Jan 7 67 Fob 23 22%Mar
Do
pref
54* 55*
53* 54*
54*
1,30U 00*Jan 5 7 5 * A p r 12 i!2 * J a n
Oalt.AO.,tr.rec.all ins.pd
•09
70
09
6 7 * •08
10,976 52 May 13 0 1 * A p r 12 31 Oct
now
5 4 * 5 4 * £> Do
59* 54*
52*
7,887 73 May 8 7 9 * Jan 27 08 Oct
Do
Prof.
7 4 * 75
74
75*
7»*
270,199 77*J a n 3 187 Apr 15 35 Mar
1 1 2 * 1 1 4 * 1 1 2 * 1 1 4 * Brooklyn Rapid T ransit...
113
8 0 * Mar 24 35 Feo 4 25 Mar
Buffalo
Roch.
A
Pittsburg
•30
35
•30
35
85
” 206 69 May 9 78 Jan 14 62 May
Do
pref.
70
70
• 08* 75
75
0,750
84%Mar 15 99 May 3 78 Apr
9 0 * 9 8 * /Canadian Pacific............
9 8 * 98*
98*
1,430 52*M ay 85 70 Jan 23 44*M ar
5 2 * 5 9 * " "anada S o u th e r n ........
53* 53*
3,283 97 Jan 3 1 3 2 * Apr 22 8 3 *O ct
Central
o
f
New
Jersey....
114
114
112 114
7,410 T*5*M ay 9 T58*M ay 17
5 1 * 5 9 * Cent. Pac., ^peyerACo.ctfa
5 1 * 53
52
8,125 24*M ay 13 3 1 * F e b 2 17*M ar 2 6 * Dec
2 4 * 2 5 * Chesapeake A Ohio............ 82,78u
25
25*
25*
1 2 4 * Jan 7 1 49 *F eb 18 85%Mar 125 *D ee
Chicago
Burl.
&
y
u
ln
e
y
...
1 2 9 * 1 3 "*
130* 1 2 9*1 31
6 Mav 18
5*M a y 9
Do
rights................. 00,712
6*
5*
6*
0
8,750 5 7 * A p r 17 • 3 * Apr 29
Chicago
Consol.
Traction.
5w
*
6944
58* 59*
59
0UO
7
9 * May 1
59%Jan
4
7 3 * 7 3 * 1 7 .* 7 5 * Chicago A Bast. Illinois...
75
1 1 2 * Jan 3 125 Mar 2
Do
pref.
122* 124
124 •120 124
9,890 l3 * M a y 24 2Cl* J a n 23
Aug
Chicago
Great
W
estern...
1
3
*
14
13* 13*
18*
83*Jau 8 9 8 * Feb ’ 5
Do 4 p.c. debentures
•89
90
•89
90
90
**580 5 0 * Jan 5 7 8 * F e b 24
Do 5 p.c. pref. “ A ” ..
0 8 * 0 8 * • 00* 09
07
150 2 9*J a n 18 3 ?* M a r 28
Do 4 p.c.pref. “ B ” ..
3 3 * S 3*
• 3 3 * 35
35
013
7 * Jan 0 1 2 * Apr 25
•9
9 * Chlo. Indianap. A Loulsv..
9
e*
®*
1U0 81 Jan 4 49 Apr 17
Do
pref.
*30
39
37
37
40
74,442
180*
1
2
0 * Jan 3 13S *F eb 2(
Chicago
Mllw.
A
St.
P
au
l..
122 *1 2 4* 123*124
060 106}* Jan 3 173*M ar 17
160}i
Do
pref.
1 0 9 * 169* §109* 1 7 0 *
2,570 141*Jan 4 1H0 Mar 29
Chicago
A
North
Western.
1
5
1
*
1
5
2
151 1 5 1 *
188 Jan 19 194 Mar 20
Do
pref.
192 196 •191 194
196
26,820
107*M ay 13 122*Jan 27
1 0 9 * 1 1 0 * 1 0 9 * l i e * Chicago Rock Isl. A P a c..
110}
1,070 91 Feh 8 1 00*Jan 20
•92* 9 3 * •99* 9 3 * Chic. 8t. P. Minn. A Om...
93
170 Jan 10 176 Mar 21
Do
pref.
170 180 •170 180
180
1,731
7 * Jan 7 2 5*M ar 27
90 Chic. Terminal Transfer..
19
1 9 * •19
20
3,410 3 0 * Jan 3 56*M ar 27
Do
pref.
•50
52
51
52
53*
8,710 4 2*J a n 4 88%Apr 10
5 1 * 5 2 * Cler. Cln. Chic. A St. L —
52
52*
52*
303 94 May 10 102* Jan 26
Do
pref.
95* 95*
§9 6* 9 0 *
10*M ar 28 1 6 * Jan 20
........ 11 Cler. Lorain A Wheeling.
'......... 11
11
“ ado 40 A pr 13 45 A pr 20
Do
pref
42* 42*
43*
4 3 * •89
0 Jan
7 Feb 0
Colorado Mid., vot. tr. ctfs.
10 May 5 22*Jan
Do pref. vot. tr. ctfs.
1,205
8% Jan _
5*M a y 11
Col.
A
Sou.,
listed
May
24
5
*
5
*
5*
0*
070 44 May 13 5 8*M ar 17
Do
1stpref. do
46
•45
45
45
805 l7 * M a y 10 25 Mar 22
Do
2dpref. do
118
18* ♦17* 18
18
18
4,260 106*Jan 8 1 25 *A p r 20
elaware A H udson . . . .
1 1 6 * 1 1 7 * 118 119* 118 119
2,873 157 Jan 7 179 A pr 4 140 Oct
el. Lack. A W estern..
107
107 167
107 107
7,785 1 8 * Jan 7 25%Apr 27 10 Apr
22 Denver A Rio Grande. <..
22
2 1 * 92*
21* 22*
4,070 0 8*J a n 11 80 Apr 27 40 Apr
76
Do
pref.
78
7
5
*
7
6
*
70
“7 •
0’ **
210 15 May 13 2 3 * Jan 3
8%Apr
10 Des Moines A Ft. D od ge..
♦15
10
1 1 6 * 1 6 * •15
10
5 * Apr 22
8 Apr 11
5 * Dul. So. Shore A A tl........
•4*
M*
5*
5*
15*
300
14
Apr
22
7
*
Jan
30
18
__Do
pref
♦12
13
n * 1 2 * *12
500 1 2 * May 95 1 0 * Jan 19
12* 12*
rie...... .
1 2* 12*
12* 12*
1,220 3 3 * May 24 42 Jan 24
Do
1st pref.
3 4 * 3 4 * §3 8* 8 8 *
8 3 * 34
16*M ay 8 2 2 * Jan Si
Do
2d
pref.
*17
10
•17* 1 8* •17* 18
2,100 36 Mar 28 41*J a n 3
3 8 * 39 Bvansv. A Terre Haute .,
3 8* 39*
88* 88*
70
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pref
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7
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79*
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int A Pere Marquette..
........ 3 2 *
4 3 * Jan 3 05 May 19
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pref.
. . . . . . 65
10 May 10 25 Jan 5
Ft. W . A Den. C., stamped.
14 Feb 1 30 Mar 28
25 Ft. W orth A Rio Grande..
•23
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25
1,002 14 2 * Jan 6 195 M a rlS
'vreat Northern, p ref..
172 1 72 * 1173 173
4 9 * Jan 5 01*J a n 81
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9 Jan 20
5 May 4
Do debt certfs. “ B ’
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57
55
55
3,092
1 1 2 * May 13 122 Jan 23 90 Apr 1 15 *D ec
llinois Central..
118 1 1 3 * 113 U 3 * 113 113
300 10*M ar 7 1 3 * A p r 28
7*M ar 1 l* D e c
0
Central..
1 2 * 1owa
1 2 * 1 9 * •12
18* ♦12
294
4 2 * Jan 3 5 1 * F e b 15 25 Apr 42*D eo
40
*42
Do
pref.
144* 4 4 * 145
45
8 Deo
00
5%Oct
7 * Jan 13 15 Mar 22
anawha A M iohlgan...
• 10* 1 2 * •10* 1 2 * I119> 1 1 «
690
7 Mar 15 18 Jan 6 15 Apr 2 5 * D e c
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10
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8 May
4 Keokuk A Des Moines.......
•3
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115
15
Do
pref.
17
•15
17
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84
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82
Jan
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32
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25
Keokuk
A
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50
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12 Oct 2 3 * A u *
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ake Brie A W estern...
16* 16*
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88 Aug
71 00 Jan 10 75 Jan 27 53 Oct
Do
pref
187* 0 7 * 167* 0 7 *
• 07* 08
190*Jan 5 208 Jan 24 170*Jan 215 Dec
Lake Sh. A Mich. S outh..
♦203 .. .
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200 5 0*J a n 5 85 Apr 4 40 Jan 5 9 * A u g
•70
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63 Mar 0 09 Jan 27 44 Apr 65*D eo
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A
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6
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31,438 18 7 * Jan 11 209 Mar 28 125*M ar 194*D eo
etropolltan 8treet ...
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817 14 A pr 25 10 May 5
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♦13* 15
♦13* 15
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Do
pref.
50
50
50
50
51
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7%Dec
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0,275
6 Jan 7 l7 * A p r 27
13
1 3 * Mexican Central..............
13
1 8*
13
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% Dec
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1 Jan 0
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Miohlgan Central. . . . . . . . .
1113 113 ♦118
700 35*Jan
0 2 * A p r 28 24 Mar 38*D eo
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5 7 * 58
57
57
25 97*Jan 0 101 May 1 84 May 100 Dec
Do
1st pref
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194* 0 4 *
9 2 * 9 2 * *92
7 Mar
6*M ar
4,800
8 * Jan 24 87*M ay 18
3 0 * MIdu . St. P. A S. 8. Marie
30
31
31*
31
81
2,100 39 Feb 10 71 May 19
Do
pref
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0 9 * 70
09
70
250 l l * M a y 10 14%Jan 30 10 Apr 14*Jan
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♦12
12
12
1 2 * •12
0,110 31*M ay 9 4 2 * A p r 3 28*M ar 41 Jan
Do
pref,
88
83*
33
83*
3 3 * S3*
33,815 89%May 24 5 2 * Apr 4 22 Mar 4 6 *D eo
4 0 * 4 1 * Missouri Paoiflo
3 0 * 42
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•40* 42 Mobile A Ohio..
140
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188 185
•188 185 ♦188 185 Morris A Bssex
10,475 1 2 l* J a n 3 144*M ar 29 105 Mar 124%Deo
1 3 0 * 131* 1 3 0 * 13 i * 1 3 0 * 131* \J Y. Central A Hudson
25 12%May 9 1 0 * Jan 23 ll * M a r 1 5 * Jan
112* 12* I t N.Y. Chic. A St. Louis.
•13
14
*13
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100 65 Mar 7 79 Jan 23 73 Feb 76 Jan
Do
1st pref
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100 2 9 * May 24 41 Jan 23 28 Mar 4 0*J a n
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§300 Jan 25 §390 Mar 14 §820 Jan §352 Oct
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12 129*Jan 27 §1 3 8 *M a rll 1120 Apr §128 Nov
N Y. Lack. A W estern,..
00 1198 Jan 19 4222 Apr 20 !178*Jan 201 Dec
'211 216 •212 218 •212 217 N. Y. New Haven A Hart
11,035 1 8 * Jan 3 28%Mar 27 1 3 * Apr 1 9 * D e c
2 4 * 25
2 4 * 2 5 * N. Y. Ontario A Western.
* 4 * 25*
1,630 17*M ar 17 2 2 * Apr 27 1 1 * Apr 19*D «C
19
1 9*
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1 9 * 1 9* Norfolk A W estern...,
4,010 01*J a n 0 7 1 * F e b 2 42*M ar 63%Dec
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07
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0 7* 07*
43,400
4 2 * Jan 7 5 5*F eb 16 19 Feb 4 4 * D e c
4 7 * 49
4 7 * 48% 4 7 * 4 8 * Nor. Pac. Ry., vot, tr. ctfs
8,175 75 May 13 8 1*J a n 26 50%Mar 79%Sep
70'
Do
pref
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425 37 May 2* 52 Jan 23 8 5 * Jan 0 1 * Aug
r.RR.AN .Co.vot.tr.cfs
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40
595 09 May 9 7 0 * Jan 28 05*M ar 78 Not
Do pref., vot. tr. ctfs
•69
72
•09
70
70
72
•39
38 May 11 51 Jan 26 3 4 * J ’ne 4 8 * 8 e p
42
O a cifio Coast Co........
*88
42
•83
8 4 * A p r 18 90 Feb 20 79 Deo 91 J'ne
85
♦83
A Do 1st p r e f ..,........
88
12 0 2 * Mar 22 0 7 * F e b 21 57 Nov 60 Sep
•55
64
♦55
Do 2d pref..............
64
1 2 0 * 127* 1 2 0 *1 2 8
11,768 122*Jan 5 142 Jan 23 ll0 * M a r 1 2 3 * D e c
1 2 7 * 1 2 7 * Pennsylvania.................
l 100 43' May 11 88 Jan 2? 38%Jan 03% D et
40
40*
40
40
4 4 * 45 Pittsb. Cln. Chlo. A 8t. L
1001 80 Feb 10 93 Jan 2»* 57 Mar 84*D eC
•82
84
Do______________ pref
•92
84
82
82

10
10H
id * 43*
18H ICX
53*
5 3 * BIX
07
07X ■07
52*
53
52
78*
78W 7 4 *
H I ) . 1I1H i l l
■30
•30
35
■68*
•«7H 70
98*
97
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53H S i x
111
111 §
51*
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24*
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53
51*
52
95
•95
95
•
11
•
•37
40
40

16
40*

16
87

W
M ay 24.

STOCKS.

X

H

1315 215
*4H 2 5 *
19* 19*
87H 87X
4SH 4VH
70X vex
37
87
70)4 70H

55
X

i i s ” ia »x
47
•40
•88
84

&

D

E

P

C

I
K

ii8

L

M

IV*

O

• These are bid and asked prioee; no sale# on this day. I Less than 100 shares. 1 Bx dlv. and rights, * Belors payment o f asemt. 1 All assessments paid.
OUTSIDE S E C U R IT IE S (G iven at foot of 7 consecutive pages).— 31REE1 RAILWAYS, dec.

fl t r e e l R a i l w a y s .
NEW VOKK CITY.
B w t Bt A Kul K -S tock
Istm ori 7s 1 90 0 ...JAJ
B way A th A r e —Stock
1st mor 5a 1004...JAD
Id mor 5s 1914.. ..JAJ
B'VkTBtl' l i t S ign. 1934
td Saint as rental. 1905
Osntral Cr.>aatown—Stock
1st M 0s 1922...... MAN
Oen Pk N a E Riv—Stock
Oonaol
Iftnq
ja d

Bid.

Ask.

37
39
109 105
231
107 100
112 115
Kxch 1
8116 117
105 107
255 205
8127
186 Norn.
8108 I l l

S tr e e t R a ilw a y s .
Bid.
Chttat'p'r A 10th St-8tock 170
Col A 9th A ve 5e-See 8tock Excb i
Dry D K B A Bat—S tock .. 175
1st gold 5a 1932...JAD 115*
8crtp 5a 1915........ FAA 103
Eighth Avenue—S took... 380

Ask.
175
1st.
190
118*
104
400

4 2d A G r 8t Fer—8tock... 400 420
42d 8t Man A St N A re ..
85
87
1st mort 0s 1 91 0 ..MA8 117* 1 !>•*
Lex A v A Pav F 5s-3e« 8tk Hxoh 1
Metropolitan—8m 8took Bxoh 1 IStx

Bid. Ask.
s tr e e t R a ilw a y s .
Ninth A veuue—Stock---- 170 180
Second Avenue—S tock ... 194 200
1st mort 5s 1909. .MAN 110 115
Consol. 5s, 1948...FAA 119 120
Sixth Avenue—8tock------ 202 210
8ou Bonier 5s 1945. .JAJ 8112 114
8110* 112*
Third A venue—See Stock Kxch 1 1st.
28th A 29th Sts 1st 5s.. ’ 90 8114 110
Twenty-Third St—Stock. 390 400
Deb 5s 1906.............JAJ 100 108
Union Railway—S to c k ... 100 200
Union Ry 1st 6s *42.FAA 8 114
110

Bid.
S tre e t R a ilw a y s .
Westohest 1st 5s *43.. JAJ 8110

BROOKLYN.
Atlan. A ve., lst5 s..A A O 8107
Con 5s g 1 9 3 1 .......AAO 8112
95
Impt 5s g 1934.......JAJ
95
B. B. AW.E. 5s 1933. A * 0
Brooklyn City—8 tock ---- 248
Consol 5s 1041.......JAJ 1 1 7
BklynCrosstn5sl908.JAJ 105
BkinHgtslst 5s 1941AAO 104

Ask.
114

109
113
98
250
118

May 37. 18S9.]

THE

C H R O N I C L E “ STOCK

9TO C K B —HJQHMST A X D L O W S BY B ALM P B IO M B ,
Baimrdaji.
M a y 20.

U orutay,
Uay2i

Tuesday,
M a y 23.

W ednesday
M a y 24,

T h u rsd a y,
M a y 25.

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

(2 pages)'Pag* 2
B a n g* f o r y e a r 1 89 9
B ales
o f the On O a sisof /oo-rA ’ re LotWeek,
Shares
Lowest.
H ighest

1011
Mange 7or proo io u i y a r (1 8 9 8 ).
Lowest.

H igh est

2,«8S 19VMay 13 35 Jan 24
T ) eadtng, voting tr. ctfs ..
15HMar SSHJaa
H iat pref., rot, tr ctf*. 21,910 5194J1U1 “ 88)4 Apr 4 36 Mar 54HD&0
10,,5u 3«VJ&n
2d ppef., voting tr otfs.
17V Oct 29 Jan
3 8 * Mar 28
25i* J hu
B io Grand# A W estern.. . .
4 3 * F e b 3 88 May 38 Aug
88 00 Jan
Do
prof.
79 Mar 17 BOMMar 09HAug
5 Jan C t J . A O . IaL Yot.tr. cte.
894Feb
5 yD e c
6 Jan
’ ’ 125 3 8«M a y 24 55 Jan
S8)-i
Do
l* t prof.
45 Feb 03 J’ n#
9nM ay 17 17)4 Jan
10
I>0
2dpref. l o
13 Dec 23)4J’ ne
3,910
SVJan 0 14h Feb
JOS
8 t .L J t S . Fr., r o t. tr. ctf*.
0 Mar
9HN oy
71
Do
1stpref. 330 84 May 13 751* Jan
52)4 Alar 69HDee
SH
Do
2dprof 400 SS^Jan " 44^Jan 81 22HFeb 35 Not
2,000
644J au
St. Loats South w estern...
79<Dee
18H
15 Apr 38
394Jan
5,420 17 Jan
7V Mar 18 Dee
Do
prof.
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37S
36 Jan
50
55 Apr 21
St. Pan! A D olutb. . . . . . . . .
iSH J’iy 88)4 Dee
184 93 V Jan
106 Jan 23 78 Apr 100 Dec
103
Do
pref.
12 Apr 35 Dee
44 Jan 3 '
Southern Poctflo Co.......... 26,700 27 May
32 V
4,344 lOMJan
14 Jan 10
7 Apr 1094Dee
Southern, to tin# tr. ctf* ..
n s
ll.ObS 40^Jan
55 Apr 23 33-CgMar 4S9feDec
Do prof., rot. tr. ctf*
aos
8% M ar SOHDec
2,540 17HJaa - 2544 Mar
' P e i u i Pacific....... .
l» S
1,035 107 Jan 11 844 Feb 3
145 Oct 19 4)4 Feb
205
I hlrd A ren a c (N. T.).,
U
S
Aug 25 Sep
20
Jan
31
15
89
Apr
4
Toledo A Ohio Central. . . .
35 Jan 25 42 Mar 22 35 Aug 48 Oct
50
Do
pref.
400 38 Jan 3 73 Apr 17 10)4 Jan 36HDee
Twin City Rapid Tran*lt..
08
14o 118 Jan w 141 Feb 21 107HDeo 107H Dee
Do
pref.
IflHMar 44HDee
40)4 May 13 5044 Feb 21
nion Pacific R y .......... S3,«4
13 S
10,31
< 72^J*n 0 84)4Jan 33 45HMar 749iDee
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8
V I T a b w h ... ... ................
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SOS
▼▼ Do
pref.
5,157
Wheeling A L. K., now .. .
844 May *0 11)4 May
»s
584|Jan 27 04 Jan 30
Do
1stpref.
1.708 34 MayVS 88 V May 13
34
35
20
84
Do
2d pref.
a ik
a #S
M S a » S r 88
a sk
*A8H 29
2,650 >314 May 24 M X M ar 20
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. . . . . . .......
......... . . . . . . .......
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fll» c e lla n ’ » S to ck s.
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114 • n o
114
112 113 m i
» U « Feb25 *97XApr 33)4 Dec
dam* Express
113 • n o 114
• tia 114 i l i a
3,444 20 May
30
21
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me lean Car a Fo an dry
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409 a t * May
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Do
p :« f
64V 65
70u 3344 Mar
15)4 Alar 158 Not
85
35
34V 3 IS • 3 ik 35 >4 •31V » 8 s American Cotton Oil . . . .
8 9 * A p r 1,
75
33)4
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200 8 8)4 Jan
• aos 93
95 M*y 9 60 M<r 38 Aug
Do
prof.
91
92
•wov 93
•91
VIS •»0H 93
•aok 93
LO
O
1180 Feb
33 Jan
♦36
American District T e l#..
40
40
58)4 Mar 3
40
2 1 5 18*- Jan
8 994Aug
1145 Jan 3 1110 Ja
•140 144 1143 149
.141V 143V 1143 143 1143 143 114* 143 American S x p re a * ........
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7
0
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18fcM*y
22
21
23
23
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...,.,,
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24
23
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1294 23
a a**
1,010 73 Apr
88 Dee
. . . . . . «..«•*
74
74
87*4Jan 28
Do
pref
76
74V 70
174
ITS
75
8 , 6 8 * 38>4 May
40V
59 Apr 80
39
40
40
43
41V
40
a a s «o.k
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8.944 8 * May
b3
84
85
aa
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94MApr 30
85
BIS BBS •S3
34)4
9,670 lOHMay
6)4Jan
15)4 Mar 13
10H n s
l a s 10H American Spirit* M fg .. ,.
li H U H
K’k U
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11H n s
820 31 May
34
•SI
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34
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10 Mar
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prof.
34)4 3 iS
32)4 l a s
87
87
1
1
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1
0
24 May
37
94
28
38 .American Steel H o o p ...* ,
4t)4 May 3
28
at H 82)«
a « S 27
31S 33
JOV
4,070 70 May
73
72
73
70S 71
8 3)4 May 4
Do
pref.
74
74
70
73
75
70
7*k
59V e . k A mar. Steel A W ire (new) 6 1 .19 0 45 Feb
78 May 4
03
OSH 03V A4V
8v s oa-x
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63H 04H
9T V
106V Mar 13
9i»< a «S
94
97
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pref. 14 ,9 9 7 92)4 Feb
97
• 3V a a s
a a s as a
•«7M 90
182 M«r 80 10?HMer 140HAag
154 103V 156v 100
1SAH 159
iaa,k 159 V 1544* 169 American 8agar Refining 315,182 123)4 Jan
155V 15i
2,181 110 Jan
181 Mar 20 103 Mar 110 Jan
H7
Do
prof
lla
113
U 7 V 118
•117 118
l l VS • l)6 k 11?
1X694 U 7
949 198 Jan
100 100 American Teieg. A Cable.
101 •100 102
105 A pr 18 188 Mar idBHDeo
103 1106 103
not
108)4 n o s
84,140 38 May
33
52*A pr 4
33k 33k
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l » S 40)4
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pref.
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97 1a i k American T obacco....... .
103W 104
103 i o a s i o i k i o s 's 103 l o r s
103 108
132 Jan 4 150 Mar 0 u s 2 Mar l l f i i A u
......
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30,595 42)4 Mar 981 70 Apr 8rt
61
05
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a »S 80S
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fl i v
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485 188 May 20 160 Mar 17 106 Mar
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134 183
13V 189
ijrooJdyn Union QU ___
142
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in
7)4 Oct
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>5
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prof.
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17 Alar
44
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prof.
nos
400
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15
15
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1694 1594
l « s t < s •14V 10
1 7 0 * 180 V Consolidated Gae (M. T .)„ 53,001 170)4 May 26 28 <VMjtr 11 104 Oct
180 183V 170 100 V 179 i s a s 100 V 181V 100V 164
44
43
41
41
M 7 * 41 May 95 50)4Jan 81 27 V Mar
H4H * < * • n s 43
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42 V **S •41
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90 Apr 88 97 Mar Id
89
8344 Apr
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prof.
9f
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61
51
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a i k Continental Tobacco . . . . . 44*040 43 Mar 30 05V A -r 17
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S*H 94V
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s « k 88
4 95 May 18 45 Apr 07 Sep
03 Jan
Dot rolt City O a a .... . . . . . . .
02,749 4044 Feb
30
58
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70 Apr 8 29 Dot 52 Deo
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7
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let onnsoi 5* 1931. FA A H ' S 119
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188
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Bid. Ask.
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a s s 97
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18
19
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91
93
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347
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let 5* 1900-10..... JAJ $100
16
No Shore T r (Boat)-Com.
15
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1012

_____

THE

BONDS.
N. Y . 8T O C K E X C H A N G E

Frit*

BON DS.

F rid a y

N.Y. STOCK EXCHANOEj
W k kk EKDIXO M a y 2 6 .

C H R O N I C L E .—li0-ND PRICES (5 pages) Page 1

'Jay 28.
|R id .

W e e k E n d in g M a y 26

ASK. Low. m y n , N o. Low. B iffki

||

P ric e
F r id a y ,
M a y 26.
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[Vol. LXVXJl
W eek's
R ange or
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R ange
sin ce
J a n . 1.

52
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*
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83
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88 Feb.’ OO
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1 0 4 * 105
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108 110
J
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Atl A t Bklynlmp g 5a. .1984 J -J 1 0 1 * 1 0 2 102
100* 102
102
1 26 * 1 5 1 *
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105 U 6 *
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115 Oot. 98
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it o * ’ Jan.’90
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1 1 8 * Sep.’ 98
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110 Aug'08
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103* Nov’ 98
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105* * D e o ’98
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W Va A P lit g 5b..... 1900 A-O 1 85
Chicago A Erie. See Erie.
Monon R1v 1it gu g 5b. 1910 F-A 110
Ohio Ind A Louisville—
10 8 * 112
Feb ’ 99
114* 1 1 6 *
(1 0 * Mar’ 99
117
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82* 32*
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160* 1 6 8 *
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108* 108*
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19* 18*
12 Feb’99
100 169
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112 Jan.’
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J 12 2 * ........ 1 2 * May’ 99
1st Southwest Dlv 08.1909
128 180*
128* 128*
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117
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J
J
1st La Crosse A D 5a. .1019
108 106
104* May’99
118* 123*
lit Spr'gtield Dlv 7b. 1900 M-N
1
23
*
May’
99
1st So Minn Dlv 0s. ...1910 J - J 1 2 8 * .......
89
89
89 Feb’99
129 1 8 2 *
lit general 5i......... 1932 J-D
1st Hast A D Dlv 7s... 1910 J - J 1 3 2 * ........ L32* 1 3 2 *
Beeoh Creek. Sm NYOAH.
109*
D
ec’
08
I
l
l
.......
J
J
....................................1910
1
21* 123*
Bel A Car.
Illinois Cent.
Ohio A Pao Div 0s.......1910 J - J 1 2 3 * ........ 123 May’ 99
1 18 * 124
■ooner Bridge, Sm M K 4 T.
Chic A P W ls t g 5s... .1921 J ■ J 124 Sale 122* 124
1
18 * 1 2 2 *
Bway A 7th At. See MetB Ry.
1
2
2
*
.........
L22*
A
p
r’
99
08 108 1 1 3
Ohio A Mo Rlv Dlv 5s. 1920 J - J
112 110% 112
110 1 1 0 *
Bklyn Rap Tr g 5s.........1945 A-O
Mineral Point Div 5S..1910 J - J 1 1 2 * ........ 112* A pr.’ 99
117* 117*
117* Apr’99
Bklyn City 1st con 5s 1910-41 I - J 116
12
Apr.’
9^
118
.......
J
J
Chio
A
L
8u
Div
g
5s.
.1921
10 5 * 10 8 *
106*
119 1 3 2 *
Bklyn 6 Co AScon> ug 5§’41 Vl-N 100 Bale 100
Wis A Minn Div g 5s. .1921 J - J 1 2 1 * ....... 122* 1 22 *
L15 1 1 8 *
Bklyn A Montauk. See L lsl.
Terminal gold 5 s ......1 9 1 4 J - J 118 ....... 118* May’ 09
Bran* A West 1st g 4s. .1038 J -J
127*
Jan.’9»
125
.........
J
-J
Far A Sou assn g 6 s . ..1924
Buff N Y A Brie. See Erie.
100*
May’
97
Cont sink fund 5 s . , . , . 1916 J - J
1 0 7 * 111
110 May’99
U 2 X 118)(
Baff R A P gen g 5b......193' M-8 1 0 9 * 118* May’ 99
118
Dak A Gt So g 5 s . ... .. 1916 J
Debenture 6b........... 194 J -J
108H 114?,
114*
Gen gold 4s series A . .1989 J -J5 1 1 4 * Sale 114
127*129
129 May’99
Roch A Pitta 1st g 0b.. 1921 F-A
L05* Feb.’ 98
Registered........
.
1989
128
128
Jan.’
99
L28
122
Consol 1st 0b...........1922 I - D
109*
Gen
gold
3
*
s
series
B.1989
103 Apr’ 97
Cl A Mah lBt gn g 5b. .1943 J -J 180
Registered ............. 1989 J -J §
uff A Southwest. Se« Erie.
LSI D e o ’ 98
Mil A No 1st M L 0s. .1910 J - D 125
L01* 105
105 May’ 99
Buff St MAS W 1stg 5s. 1927 F-A
128 128
120 Jan.’ 99
1st co n so l0 s..... ..,.1 9 1 3 J - D 125
Baff A Sasq lBt gold 5s..1918 A -O
L12% 145
144
L44* May’ 99
Chic A Northw—C on7s. 1915
Registered................. 1013 A - O
118 115
115
115
115
Gold
7s.........................
1902
107
1
0
9
*
1
0
9
*
.......
109*
109*
Bur C R A N 1st 5b....... 190e J-D
U
S 114
112
114
A
p
r
’9
Registered.. . . . . . . . . . 1902 J - D
111
117*
Con 1st A ool tr g 5s... 1934 A-O 117* Bale 117* 117*
118 120
120 Feb ’ fi
, 120
Sinking fund 0s.. 1879-1929 A -O
110* 110*
110* Feb’99
Registered...............1934 A-O
117*
Oct,’
98
A
-O
Registered.
.
.
.
.
1879-1929
M A St L 1st gu g 7s. .1927 J -D
1 08 * i i o *
106* A p r’ 99
Sinking fund 5s. 1879-1929 A -O
105 10 5
C R I F A N W lstg 5s..'21 A - O 1 0 8 * . . . . 105 Jan.’ 09
10551 109
105* M ar’ 90
Registered.......1879-1929 A -O
10 8* 1 1 0 *
U O * 110*
/^anadaSouth 1st 5s... 1908 J -J 110 111
L21M 128
L22
May’
99
122
M-N
Sinking
fund
deb
5
s
..
.1933
L09
1
1
2
111
\J 2d 5s...................... 1918 n -e 111 1 1 1 * 111
119* D ec’ 08
Regla:ered............. .,1933 M-N
100 Jam’97
Registered.............. ...1913 VI1 08 " i i i J i
108
May’
99
N
25-year
debenture
5s.
.1900
Oarb A Shawn. See Ills Cent
109* M ar’ 98
R egistered .............1 9 0 9 4-N
Car Cent, See Seab A Roan.
i-i7 j / l i e "
1 17 * 117*
, 119
80-year debenture 5s.. 1921 A -O
Carthage A Ad. See NYCAH
11 7 * Feb.’ 98
R e g iste re d ....,........1921 A
OR la FAN. 8ee BC RAN.
ib’e i o o "
109 May’ 99
Extension 4 s .,,, 1886-1920 F -A 108
01
93*
02
91* May’99
Cen Branch U P lstg 4s.l948 J -L 00
L06J< 106J4
1 00 * F e b ’ 99
Registered.......1880-1926 F -A
Central Ohio. See Balt A O.
102* 109K
108*
1U8*
1
08
*
Sale
M-N
95
06
Gen
gold
3
*
s
.
..
.
.
.
.
.
.
l
9
8
7
95
.
06
Apr’99
Oen RR A Bof Qa—Colg 5s’3' Vl-N
103
N
ov’
98
1 1 0 * 11 8
Registered................1987
116* Mar ’90
Otntof Oa Ry—lstg5s.. 1945 F-A: U 7* .
L07* May’ 98
Esoan A L Sup 1st 0s.. 1901 ? : K
Registered..............1945 F-A1
Des Mo A Minn 1st 78.1907 F -A
91*100*
96*
Consol gold 5s............ 1945 M-N 00 Sale 00
108 Oct.’ 98
Iowa Midland 1st 8s. . . 190 0 A- i)
Registered.......,,.,1045 M-N
44*
88
Winona A St Pet 2d 7s. 1907 M-N
1st pref Inoome g 5s. ..1045 Jot.: 41* 43* 4 1 * *4i *
117^11’ H
1 17 * F e b ’ 99
15
MU A Mad 1st 0 s ......1 9 0 5 M -S
11
14 Apr’99
2d pref Inoome g 5s.... 1940 Jet.: H * 13
L ll 111
111 Jan.’ 09
Ott C F A St P 1st 5 s..1909 M -8 1 1 2 * .
0* May’99
7*
3d pref Inoome g 5b. ...1046 Oct.:
US 118
118 A p r’ 99
North Illinois 1st 5s.. .1910 M -8 1 1 2 * .
95 Dec’98
M AN Dir lBtg 5s....1946 J -J
IS 934 142
,4
0
*
1
4
0
*
140
,
Mil L 8 A W l s t g 0 s . . 1921 M
90 J’ly ’98
Mobile Dir lstg 5s....l94h J -J
105* F e b ’ 9
Convertible deb 5 s.. 1907 F80* Sep ’98
Mid Ga A Atl Dir 5s. .1047 J -J 99 102
L1754 125J4
1
2
5
"
;
L25*
1
25
*
E
xt
A
Imp
s
f
g
5s...
1929
1
0
0
*
1
0
2
1
0
0
*
F........
101
May’99
Oentof N J—1st con 7s. 1891' Q- J1
i38 D e c’ 08
Miob Dlv lstg o ld 08.1924 J - J 1 4 8 * ,
109* 112
1st convertible 7s......190v M-N 109 ...... 109* May’99
L40" i'42H
142* A p r’ 99
148 * .
112* 112*
Ashland Div ls t g 6sl925 M 112* Mar’99
Convertible deb 0s— 1008 M-N
112 Apr.*08
113*120*
Incomes ................... ,1911 M-N
General gold 5s........ 1987 - J 120 ....... 120* 120*
2k 13154 135)4
112*118
Chlo Rook I A Pao 0 s ....1917 J - J 1 3 5 * ....... 135* 1 35 *
Registered....... .
1087 O-Jt 117 118 117* 118
132). 134)4
1 3 5 * ...... . L34* May’ 99
R egistered ................1017 J - J
99*102*
Leh A WB C oon aa 7s. 190( 3-M$ 1 0 2 * ....... 100 May’wO
H O * 86 10494 110)4
General gold 4s............ 1988 J - J 110 Sale 110
8 7 * 99
5s...........................1912 M-N 100 ........ 99 Mar’99
105)4 1 »7M
10 7 * A p r ’99
Registered.................1988 J - J
114 1 15 *
Am Dock A Imp Co 5s. 1021 J -J 114* 117 114 Apr’99
98
98)4
9 8 * Apr *99
D esM A Ft D lat 4s.. 1905 J -J
N J South lnt guar 0s. 1809 I - J
88
85
82 ’
83 May’ 09
103* Mar’99
•100
1 0 3 * 104\<
1st 2 * s . . . . ................ 1905 J -J
Cent Pactflo—Ctfs dp A.189J98)4 98)4
9 3 * May’ 99
98 .
100
Extension 4 s ........... 1005 J -J
107* 108*
1 03 * 108*
8payer A Co otfa BCD. 1899
109), 114
L14 May’ 99
100
Keok A Des M 1st 5s.. 1923 A -O •112 .
Speyer A Cootfs dep K.190'
100
103* Mar’ 99
103 1 0 7 * Chic A St L. See A t T A S F.
Speyer A Co otf FGHI.1901
1 0 6 * 1 0 8 * Chio St L A N O. See 111 Cent,
108* M ar’90
Ban Joaquin Brg6s...l900 A-O
118
113
109* .
113 113
Chlo St L A Pitts. See Pa Co.
Speyer A Co ctfs...........
138 141
140
140
120* Mar’99
1 2 0 * 1 20 * Chio St P M AO oon 0 s.. 1930 J -D 1 8 9 * .
Quararteed g 5a........ 1939 A-O
134)4 188
134* May’ 09
112* 125*
Ch St P A Min 1st 0s. .1918 Vl-N 134 .
125
125*
Speyer A Co eng cts .....
140
140
140
M
ar’
99
Nor
Wisoonain
1st
0
s..1930
107
A
p
r’99
107
1
1
0
*
J
J
Laud grant gold 5a.. 10O< A-O
a’d LSI 189)4
St P A S City l s t g 0s. 1919 A -O 131 ......... 1 31 * May’ 99
112 A p r’ 90
112 112
Spejer A Co ctfs..........
Chlo Ter Transferg4a ..1947 J - J 1 0 2 * Sale 1 0 1 * 1 02 * 1U0 93)4 103)4
101 Jan.’98
CAODivextg 5s....1918 J -J
.•••»• •••HI
120* Mav'09
1 2 0 * 120* Ch A W est 1 l s t s f g 0s. 1919 M-N 1105 ....... 100 J’ ne’ 97
Speyer A Co ctfs ...........
120)4 123
104* Apr ’09
General gold 6 s . ... ,,. . 1932
*i20 ....... 122 May’ 99
108 105*
Western Pacific g0s.,1899 J -J
.*■**« M int
100
Chlo A West Mich Ry 5s. 1021 ? : 8
Speyer A Co ctfs..........
Coupons off.......... .....1 9 2 1
No of Cal 1st gu g 6s.. 100' J ’ J
119 Oct.’97
Din H A D oon ■ f 7 i .,.,1 9 0 5 A -O
109* Deo’ 08
Guaranteed gold 5s. 1938 A- O]
1 0 8 * Oct.’ 97
2a gold 4 * s ...................1037 J - J
Charles A Sav 1st g 7s.. 1930 .1 J .....
112 118
Cin D A l is t gu g 5s.. 1941 M-N ‘115
OhasAO—g. 0s ser. A ...1908 A-^t 117 119* 117" Apr’99 •••• n e w i i'a u
113 M a y"'''
118* Mar’90
118* 121)4 0 I Bt L A C. See C C C A St L.
Gold 6s..................... 1911 A-OT 117
118*
118*
121
Sale
*80
Oin
S
A
C
.
See
C
C
C
A
St
L.
1st oon a 5s............... 1039 U-Ni 110
117V
119
City A 8 Ry Balt lat g 5s. 1922 J - D
Registered..............1989|>I-N *118 ...... 119
11«V| 110
95
97 909, 9894 Hear held A Mah. See BRAP.
Gen gold 4*s.............1092 n - 8 94* Sale 04*
9
2
*
Jau.'00
03ti 9 2 * 01 Ak A O eq A 2d g 6 s..1930 F - A I
....
Registered ........
1P08l[Vl-8l
.........
•Ko prto.Frlff.Ti t h u . u t l t t i i l bldw affu kw l th l. * H t t L>u« July. * Due Not. IIDaeJane. lU n .J r a . i B ond. 4 * . 4 v . a T h«M «r* 0 * U . . tale.

Mi
IS

OUTSIDE S E C U R IT IE S
Bid.
S tre e t R a i l w a y ,
Prov £ Pawt'ok-lstGs '88 9112)4
Rtohm Ky&Kleo-lst 5s'20
70
Roche*ter R y........ M B
23)4
9H
Deb 0s 1011. .....M A S
07
2d 5s 1983. ........... J&D
Oon 5s 1980........... A AO 100
94
Bo Side HI (Chic)—Stock.
90
Un’ d Tr ABReo( Prov )-8t'k
West Chtoagc s i ................ 121*
Oon 1930 .............. MAN 1105*
«»4
104)4

Worcester
Preferred(Mass)Tr-Com
....4...

Ask.
11594
76
28)4

(G

iv e n

at

G a a S e c u r l t lr * .

foot

Bid.

NEW YORE.
Central Union G m lst 5 s ...... ................... {105
100
Con Gas (N Y )—Stock—N Y Stk
Deb 5s 1908..........MAN 106
Kqutt Gas................JOTWV l i d
95
1st 6s 1809............ FAA {101
91
122
Con. 5s 1932..........MAS {110
Mutual G a s ..................... 300
107
24
N. Amsterdam Gas, Com
33)4
00*
105)41 P ref................................
1st oonsol 5 e...
{103

of

7

Ask.

c o n s e c u t iv e

pa g e s

G na S e c u r itie s .

Gold 5s (when Issued)..
N Y A East River Gas—
1st 5s 1944.............. JAJ
107
Consol 5s 1945.......JAJ
Ex oh
Nor Un 1st 5s 1027. .MAN
no
118
Standard IGas—Common.
Do preferred..................
102)4
1st 5s 1980 -......... MAN
118
BROOKLYN.
315
Brooklyn Un Gas—N Y St
35
63
1st oon 5s—N Y Stock
104 1Williamsburg Gas—1st 0s

).—

Bid.

GAS SECURITIES, &c.

Ask.

G m 8 e c n r lti« * .

89)4

92

113
109
04
125
148
110*

116
lll
90
190
152
117

OTH ER CITIES.
Baltimore Conaolidat—Se
Bay State Gas—.......
In co m e s ...............
Boston UnitedGas BondsBuffalo City G a s Stock ............... ...
1st 5s B o n d s ......
Chicago Gas—See N Y 8to
Jloero Gas Co 1 st6 s . ... ..
inclnnatl Gas A.C oke...
{A nd Interest t Price

ook B xch
Exoh.
{100

Bid.

Ask

t Balt. List
3
294
-Bosto nV.i.v:
13
11
5 85
87)4
ck E x oh.
103
184 186
ah art

Mat 27, 1899.]

T H E

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

Range
since1.
Jan
Low.
High
7
0 *’ 91
70'

Week’sor aFries , Range
Friday
May
Last Sait.
- Bid. Aik. Low High.
92 91
91
Cl it Can 1st 5a Lrr«o...l917 J - J
y*
CC 0 4 St L—Geng U ..1W 3 J - D
•4H
95*
BONDS.

■ .Y . 8 T O C X E X CHANG *
E ndihc Ma y 26.

1

Cairo Dir lat srold 4 s..1939 J - J j
I t L DIy 1st col trg4a.l990 M-Ni“l01
Registered
*1®90 14—It
BprACo] Dit istg - 1940 M- 8
W W Val Dir 1st g 4*, 1940 J - J
*M DiTlstg4a,1001 J - J ♦ 97
* W
I St I* A C U t f 4S.1980
108
Registered ...... ...1986
Consol 6 s . . . . . . ........ 1990
Cia B A Ci oon lstg 5a.l923 -J
B! A W 1st pf 7s.. 1900 J -J
O Had A W la tp f 5s.. ,1983
93)*
Pec A Bast 1st oon 4s. 1940
lacome 4 s ..,............1990 A p r.
01 C C * lad cdesoI 7s.. 1914iJ - D '138)4
Consol sinking fd 7*.. .1914'J - D
1 oonsol gold 6s. 1934 J - J T33
'
.1 9 8 4 J -J
GAB 1st M C C C A 17s. 1901 A - O
01 LotA Wh eon 1st 65 -1933 A- (>
Q *r A Marietta.
Pa RK.
Oar A Mahon Val g 5e.. 1988 J - J *180
Registered .,....,...1 9 3 6 Qn-J
OUt A Plus.
Penn Co.
Ool Mtdl’d— let g8-B-4s, 1047 J - J * 68
lstg 4s....................... 1947 J - J • 73
87
Col A Son 1st g is
.1929 F -A
Ool A 9th Ar. SseMetStEy.
Oolaa. A Greenr. 8 * 4 So Ry.
Ool H V A T ol-C on g 5s. 1931
J P M A Co eng cfs 285 pd
G. g. 6 s.. J PM ctfs etpd.
Gen. lien g. 4i, do. ...1996

Is

J
Vi

tad

114 Oct,'97
108)4 A pr’99

.

See

See

Ool A Cm Md. SesBko.

107

Dee’98

180

Feb ’ 90

64
74
87

64
74
Bale

64)4 20
74
25 ‘
87)4 305:

79 May'99
3 0 * Apr’99

\

j -j

&

Yoi"

St* HiL

See

-j

A

9km Con

\n-S

(J

Nf

L

WWW

W7H May‘99
May*90

R egis 23,000 e a c h . 194.1 i M -N
W i lk A K a a ls t g e gfie S 9 4 8 tJ - b •107 108
M U R R o fN J l s t g 6 e l 9 l 0 j A - O 12 0 *
ISO
2 e < a c A L 8 ep . S s s C A N 'd T .i
S u re k a Coring* 1st g 6«. 1933 P - A
65
I T A T n l s t e o n 6 * . . . . . 1 9 9 l J - J ’184
124
1 s t g e n e ra l gold 5 s . . . . 1 94* A - O
103* 103

area

Mt ▼ernon 1st a#...... .1 9 9 3 a - 0
»6uii «.;<•
lst 4 5*.. i
a-6
BrAIn 3 1 s t con s u g 6 * . . 1984 J - J 108
Fargo A 80 - 3es Cfc M A St P.J
1
F lint A Pere M a6 e....I980 A - O *........136

109*

103

tO t*

|l94
194
is te o u a o l gold 5 # ,...1 9 3 9 J 1-N M 0 3
,|103* May’99
Pt Heron DIt 1 st g 3s. 1939 A - Ol 107* 8*Je •i06
107U

L

e

D

Q as

SE C U R IT IE S

■«*>*».

Bid. Ask.
TT,

(S tyO u i . Norfolk vai 777 45
lit to ........................ ,,.11101

CHy II H IF stnrla) B*. 4
Odambus CO) Gee—6»bflk 95*
lit 5s 1033............ JAJI4105*
CongoHd Gee (N J)—Stck 80
1 s t 5« 19 2 6 ..............J A J

OdWOl Gm (puts)...........i
Prof........................................

84

43 ;
5^

Bonds 5 e ..................
114
Gonsum O n (J Cityi—3U 106 i f f
1st 6e . . . . . . . ____ MAN 105 U o
Oesrrdt Gee
N Y Bxeih. Ilst-

See

(G it b k

Uh»

at

toot

Bid.
81
102
100
105
t 43
60
05
128
108
908
Btoh.
(1b4) S M - f c i
70
1 « 8 « 1 # * 4 .,........MAN
03

S w s r ltlf* .
Fort Wayne (Ind)—6tOik
1 1st fle 1025............ JA
Grand Rapid©—Stock____
lit 5s 1015...... ...FAA
Hartford (Ct) Gas L ... 25
Indiana Nat.A 111Gas—fltk
! Ist
1908 .... MAN
I IndlanapoMa Gas—Stock­
ist 6s 1980...........MAN
; l m « Citr S u J,laht....
i
II

W

See

See
See
See
See
See K
See
SeeSee
See
See SunY

bee
See See
See

b

. . 4

* «.p r l«.r n 4 .)r i U > «.v * U 6 w tM 4 u u lM k « lU lli* M k . t OM 4 .0«UC.
O U T S ID E

See

See

Koe*97
Apr ’99

J

of

t O l t 4 .0 , 11. i M J u u t r .
7 o o k sbo u tivb

Ask.
85
105
103
107
06”

126
104
212

74
00

1013
Ja n , 1.
101

f r

See

S

Ool Conn A Tens., 3 * 4 NAW
Oonn A Pss RIts 1st g 4s.'43 A - 0
H u A G t S o . Set CM A BLP.
Silas A V?aeo. 3 «M a AT.
•el lank A Western 7a~ 1907 M-H 123
194 FfoV9fc
186 JTy’OA
ir r Bing A
1st 7a 1906 A -O 123
143
143
Morris A £**ax 1st 7», 1914 y i n 143
7s......................1 9 0 * 1
107 8ep.'9H
7 s ..,,....... .....1871-1901 a
A-O U3
1st ©on gear 7s,. ....1915 J - D *145
145* May’99
Registered . . . . . . . . 19l5ij .....
140 Oct.'9^
f U s e k A W 1st 6e .. 1931 J - J 140)4 .
148
148
Construction Se..,,.1923 “F- A
1 1 8 * A p r’ 99
Term A leapt 4 s ..,..-1933 M-N
Warren 9d 7s... . . . . . . .1900 A -O l
A Qg'9H
• e l* Usd 1st Pa Dtr 7s. 1917 M- Ml 143
148
Sefk’wA
143 May*97
Beets* ©red...,........ ,1917
*15 A 8 is 1st ©on go 7s 1006 - 0 180 )4 •
l t O * A p r'99
|H
■.1906
J t « ............ .. - ■ \
US
115 May’99
Registered. . . . . . . . . 1906 ,%- O
114* Apr *99
j* AHar 1st7s..... . I t t l jjjLN
130
i 33 Mar '99
Registered . . . . . . . . . . 192 L.h . n
141 Mar’9*
•el Bit RR Bga
Pa
•en ConTr Co lstg 3 s.. 1933} a - O 87)4 100
92 Jan.'99
Dea Tram Coona g 6*. 1910 j
Met Ry Co 1st ga g 6s.i911 J - j
Sen * ROr 1 st gold 7s. .190o )m . »
155* 103*
ij
IstCr.Cg 4s............1 9 3 6 J . J 1 0 2 *
102* 103* 137
1st con g **»- .,...,..1 9 5 4 J - J l i t * •
110* 111* n
Improvement gold Ss- 192* J - £» 10%H I
100* ICO* tc
Dee M A Ft D.
0 K A I P.i
Des M A Minn. 8 4 4 Ch A W.
DesM Un By 1st g 3 s ...1917,M -51*107 10 9 108 A p r’99
BetMATot 8 < 4 1.8 AM flo. !
•et A Macs 1st Hen g 4a 1996 J - D . . . . . . ____
©Old 4s ................. ...1995 J - D
Bui A Iron Range 1st5s. 1937 A -O 109
109
Befistered............ .1937 A -O
2d lien mortgage 6 s.. -19 id J - J
Del Red W A 6 lstg 3s 1928 J -J
9 1 * r«b .’9w
Del 80 Bfaore * At g 5*. 1937 J~ - J
j| *116* 117* 114 * May’99
eat
ol
Minn.
SesBtPMAM.
B aatT T eA U a. 3«.9oK y J
Big in Joi A B 1stjs S#r, ,1*4t 91-19 106)4 ,
H U U iA B A A s C iO . f
A No. 3s- LedAN T.
Brt# lst ext 4 4s. . . . . . . . . 1947
i 10
117 Apr *99
2 d ext gold 5 *............. 1 0 lV|M-H> l - i
12 1
12 1
•d ext goid
......... l y s - n i - a l US
1 12
Nnr'9«
4th ext gold 5e.t.,.,.*l92<J A -O 120
191 Jan.29
Ithextgoid 4 s . 199* J - D 108
108* Apr'99
lit eoasoi gold 7s.. ... 1980 jg- M i*4
544* 144*
1st consol gold fd 7# . 1020 j M- H *139
148 IU c’96
Long t>pek eon gold 6 *. 1935: A140 .
189* Apr‘99
Buff
A Rr,e 1st 7e.l9l6 J -D 140 .
140 Feb *99
Beff A 6 W gold 6e....l906|j , J
ieflTRR 1st sa geld 5*1909 A-O: i m " !
i 06* * Feb**99
Cane A Brie 1st « 6 s .. .198* Jt.$ 114* .
114* May’99
Coal A HR iste ga 6 a. 198*1 Sf-N
A 1cap Lst curds. 191J!J - J iVg“ 1
8 T A Green gc g 3a. 1946!Jl-M * 1 00
109 0«t-'9H
B r ie 1s t eon g i s pr Pde. 19 96 J - J
9 3 * Bale 98
93* 10 0
Reel stared......... ,...1996iJ -J
|
98)J
1
1 s t eon g en H en * 4s— 1996 J - j *72** 7 2 *
H
? * * 3V
R e g iste re d . . . . . . . . . . . i 9v« j - J
* T b 4 W - 1 s t r e f 5s. 1987 J - J
iVo*' i i T 111 May’99
Sd so td 4 * # , . . . . . . . . ,i8 3 7 | p - a
92* Aag'96
G en era l g S * , . . . . . . . . 1940 r - A
Ve* 97* May'99
T e rm in a l I s t g 5 a . . . 194.41 n -N
ill

SY

98

SeeSee
See

94*
S3*
— May
- - .9 9
80
183* May’99
138* Not'98

108

Week’s
Price
Range or
Friday
,
May 26. Last Bale.
Bid. Ask. Low.
High. Wo.
•101
101 Mar’99

BONDS.

22.Y . STOCK E XC H A N G E
W jskx E nd in g M a y 28.

See See

*87* AugV9B
9 0 * A pr’99
108)4 Mar’99

Sale

pages) P a g e 2.

Fla Gen A Pen 1st g 5a..1918 J - J
1st land gr ext gold 5s. 1930 J - J 103 ....
Consol gold 5a. . . . . . . . .1948 J - J 104* 106
3tLASF.
9 9 * 1 0 8 * Ft 8 A V B Bge.
99
99
Fort St D D C olstg 4*al94 1 J - J 105 .... 105 M ar'98
85*
86
85
86
Ft W A D C—l i t g 4-6s.1921 J - D
FtW A R ioG rlstg 3*48.1928 J - J
04*
65*
85
97
Fulton Kler.
KLnga Co SI.
108 104
al liar A S A .
8 P Co.
G al
10
104*
HAH of ’89 lat 58.1913 A - O 104* 8ale 103
Ga A Ala Ry lat pf g 5al945 A - O *108 ...... . 100 Dec ’98
litOOiiBOl g 5a -------....1945 J-JT
101 May'9
1 0 3 * 1 0 3 * Ga Car A No lat gn g 5s.19S9 J - J
Georgia Pacific.
8 0 Ry.
Grand Rap A Ind.
Pa Co.
23
83
an A St J. SesC B A Q
1 3 5 * 1 3 5 * H onsatonlc.
NYNHAH.
1 0 2 * 170
Hock Val lat eon g 4*a.l999.J - J 102 gale 10 8
Registered..................1999 J - J
107 May’99
Col A H V 1st ext g 48.1948 A-O 106
101* May’ 99
108* 108* Houet A W T lit g 3s.l 938 M.-N 101
Hons A Tex Cen.
8 0 P Co.
115* 115*
f Ulnols Cent 1st g 4s. ..1951 J - J U 4 * .
112* NoY’Ob
188 180
A Registered.............1951 J - J
107 A pr’99
1st gold 3*a................ 1951 J - J 107** ;
108* Apr.’98
Registered..............1951 J - J
6 3 * 69
1 st gold 3s sterling.... 1051 IW- 8
7 0 * 76
Registered.. . . . . . . . ,.1951 iVl- 8
10 5*
106
OoU Trust gold 4s...... 1958 A -O
M * 88*
1 0 4 * J a n .’ 90
Registered..... . . . . . . 1953 A -O
N O A Tex gold 4s 1953 M-N 1 0 5 * 1 0 0 1 0 5 * 1 0 5 *
10 1 Mar'V*
Registered...........1 9 5 8 M-N
1 0 0 * S e p .’ 98
70
80
Coll tr 8-10 gold 4 s ....1904 J - J
2 9 * 84
Registered................ 1904 J - J
1 2 * 1 1 2 * It
Western Line ls t g 4s.l051 P- A US ......
Registered............1951 F -A
Louis Till© Dly g 3*s . 1053 J - J 104* 105* 1 0 4* May'99
Registered ...............1953 J - J
90
08
St Louis Dtr 3 s ..... 1951 J J
V i*
V i*
Registered . . . . . . . . . .1951 J J
104* 101)
Gold 3 * s ........... ....1951 J - J 1 0 4 *
108* A pr‘9
Registered . . . . . . ,,195J J - J
Cairo Bridge gold 4s.. 1950 J
148 144
Registered...............1950 J - D
123
183
Middle Die rag 5s...... 1931 F -A •123
1 0 6 * 111 j
Spring Dir 1st g % . Iw51 J -J 101
143 1 4 6 *
Registered ..........1 9 5 1 J - J
ChJeSt L A N Og 5s.. 1951 J -D 1 « 8 * ....... 1 8 8 * Slay’ 09
1 « 8 ** 1*42*
188 Bop.’ 0H
Registered...............195! J -I)
117 118*|
08
100 A p r ’99
Gold 3 * s .......
1951 J - D
Registered ........1 9 5 1 J -D
Mem DIt ls tg i s ..., 1051 J - D n o o * ...... 1 0 4 * F e b ‘99
Registered............. lwsi J - D
Vi ” F o b '99
Seller A Car 1st 6 s. ,..1928 J - D
130* 120*i
:::::: 94* Dec’98
St L Boa 1st ga g 4s. ..1931 M -8
90 N o t '98
Garb A S lstg 4s........1982 M -8 95 ......
118 117*!
CGCAfltl..
114* 117*] In d B iA W .
it6 May'09
Ind I>ec A W 1st g 6s . . ..1935 J -J 104
151 183
Ind III A ia 1st ref g 6s ..104 h A -O 104
100 A p r ’99
int A Gt No 1st gold As. 1910 M-N 194
Sale 'S I *
‘ MB
90
92 | id goid 5 a . . . , , , . ....... .1909 M-N
8d gold 4s..................... 10 2 1 M -8
03 s ? ,w
Sale
Iowa Central 1st gold 5s. 1938 J - D
i!I fe
Iowa Midland.
Cta A N W.
105* 109
Brio.
100 103* Jefferson HR.
L84M A
1 0 b * 1 1 1 * . 1 / al A A G R.
Tot A O C.
1 0 9*109 * iV *ii A Mich.
100
K C A MRAB 1st ga g 5*. 1 0 2 v
66
65
S C P AG IstA oolg 5a 192
M A f
Ran C A Pec.
107*108
Kansas Mid.
6t L A 3 t
Ken lucky Cent.
LAN.
Kwk 4 Dw M.
0 R 1 A P05 Mar’WO
Klogs Co K1 ser A 1st g 6 s '25 J -J
107*111
80
A p r ’ 90
Ful El 1st go g 5s ser A .’20 ;71-8
K noxTUle A Ohio.
8 0 Ry.
1 2 1*
1 akeKrteA W lstgSs.1987 J -J 190* Sale 1 2 0*
3d gold 5s... . . . . . . . . I 04 ] J - J 108 ...... 100 May‘ 09
111*118
North Ohio lat
5s.. 1946 A -O 102* Sale 102* 102*
L 3 A MK
Cent.
104 A uk ’ 98
Leh Val iPai coll g 5s .1907 7I-N
1 0 4 * 111
100
Leh VN V 1 st go g 4 * s ., 1040 J - J 1 0 0 Sale U 0
Registered
..........1940 J - J
'1 3 * 1 2 3 * Leh VTer Ry lstgu g6sl041 A -O *.!!;;; n i * 1 1 3 * M ar’ 99
100* J l y ’07
Registered........ ........ 1041 A - O
191 191
98 Feb *90
L V Coal Co 1st gug 5a. 1988 J - J
121 131 I Registered.................. 1033 J - J
93 F eb'99
91
106* 106*1 Leh A N Y lat gu g 4s ..1045 M -»
Itegistered...................1045 M
149* 145*
Kl C AN lstg 1st pf6 a 1014 A -O
98 100
33
Gold guar 5s.. . . . . . .,10! 4 A -O 100 Bale 9 9 *
139* 189*
ioo*
Leh A WUkesb.
Cent NJ
140 140
Leroy A Caney Van
Mo P.
MetBt Ry.
106** 106* l^x A t A PF.
95*
8 5 * Bale 35 *
1 1 1*116 * L RAM lstg 5s 1037 Tr ctf a
I^ong Dock.
itr**.
124* 184*
Ixjng Isl'd—lat odd g 5s. 1981 O-Jl 124* .
lat Oou g 4* .............. loai
10 8
.
10^* 101*
Gea.*r«w sold 4 s .,,,... 1938
9 2 * 95
i ! 100 .
Ferry 1st gold 4 * s ....l9 9 2 >1 - 8 100 .
100
ICO
98
93*
Gold 4s......... ............. 1082 J - D
7 0 * 77
Debenture gold 6 s..... 10 8 4 J - D
95 ...
100 Jan-'90
S V A R B ls t g 5s....1987 M-H 100
107 119
2d inooens........,.,..1927 Hep
107 JamV90
NY B A M B con g 5m. 1035 A -O 106
" 9 5 ” 99
Bklyn A Mon ls tg 6 s. 1911 >I-r 113
1st 5s...*...............I W ll M -e 108
100* Apr *99
95 . . .
Nor Shb lstoon ggu5s..’ 89
9 8 * 108*
N Y Bay Kx R lstgug5a’43 T - j
120 139
Monteak Rx gu g 5s... 1045 J - J
La A Mo Rly.
Chi A AIL
6«
56
68
L K A 8 t L C<ra an g 5s Tr certs
i * i w i* «
9
Mar’ 90
General gold 4s........... 1943 .71
10 0 S i o « «
106
N o t ’ 97
10 5
Lou A Nash—Ceoe! Br 7sl907 71
NO AM 1st* 6 r ....1930 J -J 130 . . . . . . 1 8 1 * A p r’ 00
8 d gold 6 s.
....1980 J -J 119 180* 182 May’ 09
'V s " iosi<
117
Not ’ 06,
■ H A Nash lstg 6« .., 1919 J - D 1 1 6 ..
1 9 0 * May’ 99
ISOM 184
General gold 6 a......... 19? 0 1J - D U 9 * ..
100H105K
107 A p r’ 99!
Pensacola dlT gold 6 s. 1020]M - 8 108 ..
186
D#o’ « «
StT. dtT 1st ir e«. .. .10-91
1,0 197K
8
8'7 *

0 1 * Dec'98
10 1*
102
99 May’99

P K IC E S (5

t D l9 0 « o 6 # r .

pa o b s).—

Bid.
Gaa H ecn rltles,
Logansjit A Wab Val—St k 60
71
l* t « i 1925 ...........JAD
Madison fWls) Gaa—Btck 06
1st Os 1026,........,AAO 1106
50
Ohio A Indiana—Stock...
71
1st 0a 1980 ........J A D
Peoples Gas A Coke—N Y Stock
Philadelphia
Bo* ton L
45
Bt Joseph (M o ).....,,,...
5« 1987.,............... JAJ
98
60
8 t. Paul Gas—Stock. . . . . . .
Consol
1944 . . . . MAS 4 36
it t w h * Gas—
__
17

Co—-See

lie

S tt
#»M 104H
100

10 8

101* 108*1
10 7
107
» 7* 10 4 *
10 7* 1 1 5 *
10 8 * 1 0 7 *
10 3*10 3 *

104M 107
10«M 1 0 * «
103

10 7

10 4

119*.

SS4t 106H
81

SS

s i " l 'd i j i

ISS

1*8

1*0 ' U 8 » -

106” i o o ”
104)4 104)4.
1*1 “

in ’

102)4 10 8 )6

1 0 i S 108
1*8 1*8
01
27
80
88
107 11S

63

78.

85

86
8*

80

116)4 1 * 1 »
103)4 110)4
100 106
106)4

u i * i i ’U i
V e" ’ s i”
91)4 'V 4“
ii»K io o ”

ar

1

120

1*4)6

s i ” io * ’*
*8

101

i‘0’ 6 " iod ”
1 0 7 " ioT *
44* MM**
i o o * 10 6*

78

50

10

6

117)4 i s { '
1 0 7 * 107

* Soad. 4 U j SIS. » OsUoa Ml

9 A S SE C U R IT IE S , <Sc

Ask.
55
78
07
lOfl
65
78
Excfa
l«i,
46
95
58

11"

(*»■ H ecnrltlee.
Byr'seGae—-ist 5§ ’ 40.JAJ
Western Gas ( M ll w ) ...,.,
5*—3ft N Y Stock Rxch
T e l e s . Sc T e le p b ,
American DIM T ele—NY
Vmerican Tel A Cab—NY
CJentrai A South A m e r....
^hes A Poto Teleph— 9tk
Bond 5 s « . . . . . . . . . . .
jommerolal C a b le ..........
’ ornmer Union Tel (N Y ).
Umpire A Bay State T e l. .
i And Intorwit, 1-PHne

Bid.
80
07
Hat.

Ask.

H&

100

8 10 b
Kxok.
116
79
ioe186
118
7ft
77
eer ah are

Stock
Stock
114
77
108
184

'H E

1014
BONDS
K .T .8 T O O X E X C H A N G E
WU bjl E k d ih u M a y *26.

C H R O N I C L E . —"BOND

Price
Friday,
May 2 6 .
B id,

Range
since
Jan, 1.

Week's
Range or
La st Sale.

P R IC E S . (5 pages P a g e 3)

Week's
Range or
Last Sale.

P r ies
F rid a y ,
May 26.

BONDS.
N .Y . ST O C K E X C H A N G E
W e e k E n d in g M a y 26.

B id.

A i k . L ow . High. No. Low .Sigk. N Y Cent (Con.)

[V ol . LXVH L
3

2

Range
since

Jan. I,

Ask Low. High. No. L o w .U ig K

Deb g 48 reg. ..1800-1905 J - D 102 ........ 104% Feh.’ 99
104% 107%
104%
Bt. Louis Dir id g 3*.. 1980 M -8
D e b to e rte e x tg i s . . . . 1905 ZH-N 1 0 2 % ....... 10 4%
1 0 7 N o t ’ 98 a5
K u h 4 Deo 1st 7a.......1000 J - J
Registered..................190o M-N 102 ........ 10 4% j ’ n e ’ 9* 15 110 % 112 %
112
%
152%
A
-O
1
1
2
%
Bale
J
J
Sink fd (BAA) g » « ...*
G 3 % s.............................199?
m % na%
106% 109%
112% A p r’ 9v
S A N A oon gu g 6 s . ...1936 F- A 108)4 110 108% May 99
Registered...........
1997 J - J
99% 108
107% 110%
Gold 5 * . . . . . . . . . . 1 0 8 7 M-N 1 0 8 % ....... 107 14 May'99 7 1 94% 99%
Lake Bhore ool g 8% b. 1998 F - A 102% Sale 102% 108
98 101
99
99%
100% May 99
99 Bale
J
Registered . . . .. .....1 9 9 8 F -A 101%
Unified g i s .,.* ........1 0 4 0
98 102
l
o
t
101
%
Registered................ 1040 - J
Mich Cent coll g 8% b. ,1908 F -A H Q j. 101 %
97% 100
98% io i*
98%
98%
100
100
08*4 Rale
101
F
-A
Col tr 5-90 k 4a ... .1908-1.J A -O
R
egistered
................
1998
100 108
1 U 113
12% 11 %
100
M
ar’
9
A 11 H Sale
03
M-N
Pena A At! Ietgu g 6 s.l9 2 1
Harlem 1st 7 s . . ..........1900
108
106%
108
110
10
8
M
ay’
99
103
May’
9
9
Registered........... -1900 M-N 103 108%
Coll trust g 5 s ............. 1981 M-N u > ?% ....... 108 J a n .‘M9
108 108
103 May’ 9’.
LAN AM AM lstg 4% s.l945 M -S 10S .......
N J Juno R gn 1st 4s .1986 F - A 104
106% 100%
108)4
May’99
108%
109%
FA
Registered................ 1986 F -A
N Fla A 8 lstg u g 5s ..1937
11 0 % 114fc
91
90
do
»6fl
94% 97
Eeotuoky Cent g 4 s ... 198/ - J
W est Shore 1st 4a g n .2301 J - J 114% 114% 14% 114% 53 109% 114*
103 Jan.’ 08
114%
L Oln A L e x g 4 « a ....l9 3 1 M-N
Registered.................2361 J - J 114 Sale 114
108
N
o
y
’
98
,
1
1
S
110
.......
L A Jeff Bge Co gu g 4a. 1945
Beech Ork 1st gn g 4s. 1930 J - J
106 J’ne’ 98
L N A A C . 8 « 0 I A L.
R egistered,............... 1936 J - J
109 M a r’ 98
Louis B y C ola toon g5a-1980 - J
2d gngold 5 s . .......1 9 8 0 J - J
ahonGoal, S « L 8 A M 8 .
J -J
Registered..............
.1936
9
5
112?4
110
anhattao Ry oon 4s 1990 A - O 1 1 0 S ale 109%
Clearfield Bitum Coal Corp
118
181Vt
121
95 J’ly ’ 08
Metropol El le t g 8a... 1908 - J 121 Bale 121
l s t s fi n t g n g 4 s s e r A .’ 40 J - J
100% 102%
101%
S<38a.......................1 8 9 9 M-N 100 ....... 101
Small bonds series B . .’ 40 J - J
D
Man 8 W Oolonls g 5a.. .1931
Gouv A Oswe 1st gu g 5s.’ 42 J - D
12 8 % 183
J
Market 8tO Ry latgfla.1913
R W A O gcon ls t e x t5 s .’ 22 A-O* 129 Sale 129
MeK’ pt 4 B V . SeeP McKAY
Nor A Mont 1st gu g 5s.*16 A - 0
Metropolitan KL SwMan Ry.
M-N
R
W
A
O
T
R
le
t
g
u
g
5s.:l8
32
118 % 12 4
118 118
123
113 A p r ’ 99
M et Bt Ry gen o tr g 5a.. 1997 F - A 123 Sale 128
Oswe A R 2d gu g 5a.. 1915 F-A?
12 2 12 5%
D 123 ....... 12 3% M ay’ 9
BwayA7thAY late g 5a. 1943
J 1 1 1 % ....... 107 A ug’ 0b
Utica A Blk R lvgu g 4s,’ 22
D
R e g istered ... ......1 0 4 8
M
-S
Moh
A
Mai
ls
t
g
u
g
4s.
1991
12 3% 12 7’ ‘
8 125 126% 125 May’ 99
OolA 9th A t lat gu g 5s. 1998
Cart A A d 1st gu g 4s, 1981 J - D
Registered .......,.,1 9 0 3 M- S'
N Y A Put 1st oon gn g 4s.’ 93 A - O
12 4 * ' i ‘2094
Lex A t A P F lat gn g 5s.*fi8 M -S 125% Sale 125% 125%
,, 124 128% D ec ?98
N Y A North 1 stg 5s.. 1927 A -O
M -S
Registered
Lake Shore & Mich South—
’
08%
"
m
u
88
%
Jan.*’
99
Mex Cen t oon gold 4 s.. .1911 : j
121 Apr,*0«
F
-A
Det
Mon
A
Tol
1st
7sl906
16 % 25%
22 % May’ 99
la t oon Income g 8a ... 1989 J’lyt
107 May’ 99
Lake Shore con Ist7sl900
9% 14%
*11 1 % 112 % 12% May’ 99
Sd eon income g 3 a ... .193>
100% Feb ’ 9H
Registered
.........
1900
Equip A eoll g 5 a .,..,. .H I \ - o
117 May’ 99
*117%
...
t
i
Consol
2
d
?
s
..........
1908
00
84% 8894
88
88 Bale
Mex Internal lat o n g 4a. 77 M -8
114% 116% Jan.’ 9b
Registered.......... 1908 - D
Mex Nat lat gold 8a...... 1997 J - D
Gold 8% s ............ 1997 - D 112% 112% 112 % l i 2%
8d lno 8a A,Cp atmpd.1917 M-8*
111 A p r’ 99
Registered. . . . . . . 199? -D
14
14
14 A p r *09
2d Income gold 0s B. .1917 A n .t
10*8 * 108% D e c’ 97
GinA S 1st g L SAM S7s’ 0) A - 0
97 Feb ’ 97
Mex North 1st gold 6 a ..1910 - D
K A A G R 1st g 0 5S.1938 J - J
Registered..... .......1 9 1 0 - I )
121 ' Oot.V98
J 128**
Mahon C’l R R 1st 5s,1984
109
Mich Cent. Sm N Y Cent.
u o % 110 May’ 09
Mich Cent—1st oon 7s 19 02 M-N m o
103 108
Mid o f N J. Sm N Y 8 u* * W
108 May’ 99
1
0
3
%
...
M-N
1st
oon
5
s
,................
1902
103%105%
105% Feb.’ 99
*109
MR El By A L 80-2* g 5«. 1930
123
Feb.’W
b
ISO
...
6s.................................1909 M- 8
M L B A W . S w C h lo A N W
121% J’ne’ 98
5»................
1931 M -S lS7
MU A Mad. See Ohio A N W
125% Jan.’ 98
R egistered.............1981
MU A North. SssO hM A StP
106% F eb.’ 98
4s................................1940 n
MU A 8t P. See Oh M A 8t P
108 Jan,’ 98
R
egistered.............1940
J
Min A 8t L gn . See B C R A N
Bat C A 8t l s t g n g 3 s .’ 89 J - D
145 150
tr>5% 108
Minn A 8t I ^ l s t g 7a .. 19? _ D *150 ....... 150 A p r’ 99
10*7
N Y Chic A St L la t g 48.1937 A - O 105% 107% i o ? ”
110 % 1 1 5
lateona gold 5a..........19h M -N 114% Sale 113% 115
105% 105%
105% A p r’ 99
A -O
R
egi»t*red....................1987
125
125
Iowa ex 1st gold 7 « .. .1909 J - D iiti ....... 125 Jan.’ 99
N Y A Greenw Lake. See Erie
127 127
Booth West ex 1st g 7a.’ 10 J - D 126 ....... 12? Jan.’
N Y A Ii& r . See N Y C & Hud,
Pacific ex 1st gold 0s .1921 A - 0 127 ....... 128 D eo’98
N Y Lack A W . See D L A W
M A P 1st 6s at 4a tnt go. .’ 36 J - J
N Y L f f i & W . Bee Erl©,
MS8MAA 1st g 4a lot g u .’ 20
J
N Y A Man Boh. See Long Is.
MStPASSM con g 4 sln tg u ’ 38 J - J
N Y A N E . See N Y N H A H
Minn 8t By 1st oon g Be. 1919 J - J
104% OOL’ 97
N Y N H A Hart 1streg 4s .’ 03 J - D
178 191
Minn Dn. See 8t P M A M.
185
185
IS'
Conyert deb certs $1,000 ,. A - 0 185 . . . .
B5W
90
91% 96
95% Sale
MoKan A T ex—lstg ia .1 9 9 0 J - D
178 184
184 Apr *99
180
.
.
.
.
lu2
Small
certfs
$
1
0
0
............
67
«UJt
65% 71
67 Sale
2d gold 4 a ................. 1900 F -A
120%
A
ug’9b
10 82
Housatonic B oon g Ss.1987 M -N *126% . . . .
91%
89
89
K7
la t exten gold 5 s ...... 1944 M ->
*119
.
.
.
.
31
N
H
A
Derby
oon
5
s
..
.1918
M-N
86
00
90
8814
89^
88
M K A T o i T lstRU g5a,’ 42 M -8
so i a o «
i'20% A p r’ 99
N Y A N E l a t 7s...... 1905 J - J 121 . . . .
4 75% 82
78
78
78
E G A Pac la t g 4 a .... 1990
A
114 U B
115 May’ 99
1st 6s........................1905 J - J 115% . . .
@§
95
95 A p r’ 9
Dal A Wa lat gn g 6s. 1940 M-N
Y
A
North.
See
N
Y
O
A
H.
Sooner Bdg Oo gn g 7a. .’ 06 M-N ....... .........
106 108M
N Y O A W con 1st g 58,1989 J - D 10Q% Sale 108% 1C8% 75 109
Teho A Neosho 1st 7s.1908 ' D
108
152
Refunding la t g 4® .... 1992 M-SH 105% Sale 104% 100
101% 106
Mo K A B 1st gu g GS...1942 A - 0 104% Bale t0 4 * 100
101%
N
ov’98
R
e
g
isfM
O
O
only.
.,1992
M-Sil
108% 13194
Mo Pao—lat oon g 6a.. .1920 M-N 116% Sale 116% 117
N Y A Put, S e e N Y O A H ,
114 117
116
Sd 7 l ........................... .1006 M-N 110 Sale 116
9 1 % 1 0 0 % N Y A R B. See Long IsL
98
93 Sale
98
T rusts 5a ............. ....1 9 1 7 M-81
N T S A W , See Erie.
Registered................1917 M-3t
88
90% N Y Tex A M . See So Pac Co.
92 Sale
02
02
latooll gold 5a............1920 F -A
North Illinois. See Chi A NW.
Registered............1 9 2 0 F -A
North Ohio. See L Erie A W.
108 108
Pao R of Mo 1st ex g 4a. ’ 88 F -A 108 . . . . . 108 A p r’ l
Northern Pacific—
111% 1 1 5
2d extended gold 6s. 1938 J - J •118% . . . . . . 115 Apr.’ i
114M 180
119% A p r’ 99
Gen 1st R R A L G s f g0 s.’ 21
Yerd V I A W la t g 6 a ..‘ 26 M - :
117 Oct ’ 9b
Registered.,. . . . . . . . . 1921
*118 ..
Leroy AC V A L la tg 5a *20 j - j
i ’s 'i ji i s i i i
181% May’ 99
132 . .
St P A N P g e n g 8 s ..,1928
3 105% l r'6%
8tL A 1 Mt lat ex t g 4%s.’ 47 F-AI 106 ....... 100% 108%
*118 116% ISO 8ep.’ 9b
Registered c t f s ..,... ,1928
t> 105 107%
2d e x tg da................1947 M-N 105 . . . . . 105
105
589
1015s } « « «
104%
100%
100% Sal«
Prior lien r A 1 g « 4 s ,.1997
Gen con ry A ld grtg fis’ Sl A - 0 111% Sale 111
11 1 % 458 105 112
108 104H
104% May’9w
Registered............... 1997
5 110 111 %
Gen con stampgtd g 5a ’ 81 A - 0 110 ....... 111
111
H8J4 90
342
07%
68
‘
67%
Sale
General
lien
g
3s.......,2047
MlsaRivBdge. Res Ohio A Alt
e s a 95H
Registered . . . . . .....2 0 4 7
1 ....... 66p! 65% May’ 99
Mob A Birin prior lien g 5s.’ 45 J _
,0
«6
Wash Cent 1st g 4 s ,. .1948
S m a ll............................... .
J -J
118
119
.
.
.
.
119
A
p
r
’
99
Nor Pao Ter Co 1st g 6a.l988
Income g o l d 4 a ........ 1945 J - J
Nor Ry Cal. See Cent Pao.
S m a l l . . . . . ...................
Mob A Ohio new gold 6 a ..‘27 J - D
12 5 180% N orW is. See C S t P M A O .
180% 130%
2 107« 1 0 7 «
107% 107%
Nor A South 1st g 5 s .,..1 941 M -N
lat extension gold 0a. 1927
120 ....... 12 9
lz 8
1 1 7 12 o
ISO ISOM
130% Feb ‘ 99
Nor A West g e n g 6 s ....1931 M -N
General gold 4 a ...,. ..1938 S t
82% 88
80%
87%
80% Sale
....
128
N
ov’
98
New
River
1st
g
0
s
.
..,
1932
A
0
Montgom DIy 1st g 5s. 104'“ F -A io o h ....... 106% M ay’ 99
108 108%
.
.
.
.
Im p rrm tA e x t g 0 «„.,1 9 8 4 F - A *123 t i n t - - 117% Aug’ 98
Bt L A Cairo gu g 4 s .. 193 J - ♦ 93 .......
101 P e t '97
C O A T Is g u g 5b. . . . 1922 J - J
nt
Mohawk A Mai. Am N Y C & H
25 9854
Soio VAN E lstg u g is.1 8 8 9 M-N
Monongahela Rlv. See B A G
9954 99J4 99)4 100
N A W Hy Istco n g 4s. 1998 A -O
95 Sal©
Mont Cent, See 8t P M A M.
94)4
96)4 L2o 88}* 98
Registered
..........1996 A -O
Montauk Ext, See Long Is.
-, Sm all............ ............ 1906 A -O
Morgan's La A T . See 8 P Co
Nor A Mont. See N.Y.Cent,
Morris A Essex. See Del LAW
ash Chat A 8 tL 1st 7 s.*13
133
132 18294 t 1 IndAW . SeeCG O AStL.
182% A p r’ 99
' r hio & Miss. See BAO 8W.
2d 6s...................... 1901
105% Nov’ S'*
102 Jan.’ 98 •.»•
J -D
lat oon gold 5 s . . . . . . . . 1928
100
105% 108% Ohio R iver RR 1st g
100 Sale 100
General•gold
------5 s . . . . . . . .193'
-------A - 0
i it f is T A P b .............1917
85
34 65
75
lit 6s McM M W AA1.1017
75 . . . . . . 05
Urn A at L 1st g 4a.......,1901 J - J
lat gold 6s Jasper Boh.1923
o r e A Cal. See So Pac Oo.
115 Mar’ 99
*112
115 115
110 114
114 May* 99
O r e R y A N a v ls ts f g 6 s ,1906 J - J
llaah Flor A 8hef. See L A N
V ew H A D . See N Y N H A B
Or® RR A Nav con g 4®.. 1940 J - D 104% Saie 103% lu4% 101 100H 10454
42 188 IS ?
R J June RR. See N Y Cent.
Ore Short Lin® 1st g 08.1923 F - A 132 Bale is iM
is *
121 M ar’ 99 , , , . 191 191
N J Southern, See Cent N J.
Utah A Nor 1st 7 s . . . . . 1908 j - J
NawAClnBdge. See Penn Oo
Gold 5 a ...o ................1920 J - J
108 May’ 9? n.
43
iis"
Ore Bh L —1st oon g 5s... 1946 J - J 118 gale 112% U S
NIOAN E p rlo rlle n g 0 s.l9 l5 A-Ol
8954
90
89
N Y B A Man Bch. See L I.
Non-cum iuc A 5s.......1946 Sep.t
89%
89% 36 85
25 6554 7‘ M
N Y Bay Exten BR. 8ee L L
Non«cu lno B A col tr..l9 4 0 r ct.l * 70
71
7154 70)4
SI Y Cent A H B -.lit7s.10O 8
1 1 5 % 11 5 % 115% May’ 99
114%117% 0 *wego A Rome. See N Y
Registered...............1008
115
114% 1X7% O O F i B t P , See C A N
1 '5 Bale 115
2 108 108
Debenture 5sof .1884-1904
ac CoaatCo—1st g 5s. 1946
108 Sale 108
108
108
10 9
.,
108
107% 118%
Registered. . . . 1884-1904
ao o f Missouri, See M o Pac
118% Jan.*99
118% 118%
109 ,,
Reg dob 5s o f ...1889-1004
109% 8ep."97
P nama U t g f g 4 % s ...,1917 A - O104
109 ..
.......................
^ * •nbsidvo
.....1 9 1 0
Debenture g 4 «. .1890-1908
1*5 1"5
*>04%
i n5 May’ 99

bon A Nm Ii (Con.)

M

N

io!”

P

* Wo j>«oe KrlO.y, the.® »r « )»M« t blfl u>6 u k M O il. m t ,
-O U T S ID E

S E C U R IT IE S

Bid Ask.
T e le g . dk T M r p b
Brie Teieg A Telep .—See Bosto nList
Franklin ............................
So
4*
113 122
Gold A S to c k ..,............ .
90
Hudson River Telephone 100 105
Intemat 1on Ocean. . . . . . . . 115
Mexican Telegraph.. . . . . . 2 ’ 5 290
Mexican Telephone—8*6 Bosto nU st
New Kng Telep—See Bosi Oil lla>
Northwestern Telegraph 115
H Y 4 N J Teleph one.... 175
184
0s 1920.................. MAN 113 116
Pacific A Atlantic..........
75
80

(G

iv e n

a t

11>Q. 1fta.
foot

t uueJa.i. jiD a a J a u s. j Dun May, 1 Due Not . a T h e .. M s op tion HI

op

7 o o w s b g u t iv e

B.0 Ana
T e l e s - At Tel«*ph
92
Southern A Atlantic........
00
Weat’n Union Teleg—N Y Stock Exch
E l e c t r i c C o m p a n ie s .
Allegheny Oo Light O o...
Brush hileotrio C o .. . . . . . .
Br’dgprt (Ct) El Lt Co.»5
Consol Bleotrio Storage..
Ekidy Electric Mfg Co..25
Edison El 111 Co NY—N Y
Edison El 111 Co Brk—N Y
Edison Ore MUlLng O o....

166 175
43
48
t 41
45
10
20
t 18% 15
BtOOk Hxoh
......... 10

pa g e s

E lectric C om p an ies
Bast Bud Electric Lluht.

Electro-Pneumatic Trans
Fort Wayne Hieo. C o ..25
Series A . , . . , , , . * . . .......
General Electric C< —N Y
Do pref .—See Boston L
Hartford (Ct) Elec L t Co.
Hartf’ d(Ct) Lt&PbwCo25
Mo Edison E le c t r ic ...,.,,
Do preferred..................
Narragan. (Prov)BJlCo,50
N ew H av (Ctl Elec L tC o
Rhode Island Elec P ro Jo.

).— TELn

Bid.

J

E L E C T R IC .

So.

A sk .
« le a .
E l e c t r i c Oc
TO-DDtO(tAU
t l . i ‘ o. 189% 140%
100
9% Tl jiu H oustW c ai* Oo.
2%
40
18
8o Ur a ^ d F ie ciit& P Co Tef
12
97%
B orid e ..,.,.
.......
Stock Exch W oonsocket ;R F* Ei C o.. 108 105
let.
180
F e r r y C o r a p a n fe a .
f 5
42
Brooklyn Ferry Stock ..
40
25
Bonds 5s.,
97%
« 97
07
Metropolitan Ferry—5s,
110 112
f 90
N J A N Y Ferry—Stock..
185
1st 5s 1948.......... .JAJ U 0 3
16
118% 125
lA nd intetest. tPrlcei per sb are •

m ay

27, 1899.]

TH E

C H R O N I C L E R — B O N I)

Price

BONDS.
IL Y .S T O C K E X C H A N G E

TVtcJe*
Range
or
Last Sale.

F rida y ,
May 26,

W n s E s d in g Ma t 26.

B id. A sk.
f w a C o gu 1st g
J-J m e
Registered................. 1 W 1 J - J
Gtd 8 ,4a col trust re*. 1937 M- 8
P C O A 3 t L o o n g u g i* * —
Series A ......................1940 A -O l i e
Aeries B guar............ 1942 A - O u e
Series Caojur... . . . . . 1942 M-N 113
Series D 4a guar.......1945 M -H 10 7
Fltta Cln A St L l i t 71.1900 £ - A
R egistered ...........1 9 0 0 F -A
Pitt* r t W A O 1st 7a. 1912 J - J
2d 7 i ........................... 1912 J - J
, 138
Sd 7*................... .....1 9 1 9 A-O*
C BtL A P l it oon g fie.1982 A -O •118
Regiatered................1932 A -O
C5*t & Pitta ©on a f7 a .l9 0 0 M -R 10414 ■
G e n g a g 4 * ja e r ’ aA,1942 J - J 120 .
B en esB ................ 1942 A -O 118 .
Rrie A P m gu g 3 * a B-1940 J - J 100 ,
B e n e s C ................ ..1940 J - J 100
Or R A l e x is t *u g 4*a . 1941 J - J
Allegh Val gen gu g is . 1942 .11- 8
K A C Bdgegen gu g 4 * a .’ 45 J - J
P tc n B R 1st reel esg 4a. 1923 .11-N
Con sterling g 6 s . . . . . .1905 J - J
Coo ourrsnoy da r a g ...1905 Q*Mi
Con g 5« ........................ 1919 £
Registered. . . . . . . . . . . 1919
O ocg i a . . . . ..................1943 fcS?
Cl A Mar 1st go g 4 *a . 1935 >1-N
D N J B R A Can g e n i i . 1944 .71-8 * 1 1 8 * .
D R ERA Bare la tg u 4 4 g.‘ 80 F- A
Bon A Lewie 1st g 4a 1936 J - J 108** !
Penaaor.ua A At. SssLAN aab
95 .
Peo Dee A B Is tg d s tr rec.’20 J - J
92 .
arena Dir 1st* 6* trree.’20 M-H
Bd g 5a tr rec I at KL.19M M-N
Peo A Beat. See C O C A 8t L
121
Peo A Pek D n la tg fl«...1921
100
X d g 4* a . ............Feb., 1921
Pine Creek reg goer 6« . 1939 J - D
Pitta Ctn A 8t L. 3** Penn Oo.
P C C A 8t L. 3*4 Peon Co,
Fltta Cler A T ol lat« 3a ■1992
Fltta A OonaeUsY. 3*4 B A O.
Fltta Ft W A Cb. 3** Penn Co.
Pitta June l i t g 3a.........1932 J - J
Fltta A L Brie-SId g 5a .. 193* A-01
Fltta McK A ¥o—U tgo3a-'3a J - J *193
id gnar 4 s ... . . . . . . . . . . 1 9 3 4 J - J ■ lt « * .
.
M ake# A B V tat g 4a.191$ J - J , m
Fltta P A F 1st v 5a.......1914 J - J l
Fltta ab A L a lat « 3a-.1940 A - O
1at oooaol gold 5 a ..... 1943 J - J
Pitta A West 1st g 4a.. 1917 J - J
* 9 * ....
9 9 * BaJe
J P M A Co e e n f s .............
Ftua T A Ash l at coo 8a 1937. M-N
~~
1997r J -J
.
TFeedm gr O ogen g 4a*..
. . . ..........
8 4 * Bale
A*

Reg later * d ...............1997 J - J

Renas*leer A ar. 3*4 D A U.
Rich A Dan. is* fo r t h Rr.

1939 J - J
Utah Cent let gm g 4a 1917 A 0 7

ftlo Q r w « * t latrf «• .

b b * Hale
Alo Ur June l i t gu g 5a 1939 J - D *104
73*
Rio Or Bo 1at g £ 4a ...1 9 4 0 J - J *
Boob A Pitta. 8** B R A P.
Rome Wat. A Og 34* NY Cent.
O a it Lake C la tg at 4a '03-13 J - J
O t J o A U l l a t g i 3-4a.. 1947 J -J
21 *
B tL A A T tl. 344 Illinois Cent•t L A CaL 344 Mob A Ohio,
i t L A Iron Mount. 3*c M P.
»t L U C A N . 344 Wabash,
f t l, M Br. Sm T H R A o f 8tL
8t L A H F id g 4a Cl A ..1904 M- N 1 1 9 * 114
Id gold Ca Cleaa B ., ,, .1904 M-N U 8 h 114
id gold 4a Gass C.......1904 M -N 1 1 3* 114
l i t g fla Piero* C A 0..1919 F- A
General gold 4e...... ...1 931 J - J 125 126
General gold 5 « ........1 9 8 1 J - J 1 1 1 * Bale
lattm a t gold 8 a .......1 9 8 7 A -O *101 . . . . .
Ft 8 A T B Rdg latg fia . 1910 A -O
Kansas Mid lat g 4a ... 1937 J - D
3 8 * Bale
B tL A 8 F RR g 4a. ...1 994 J - J
Bontbw Dir la t g 5a ., 1947 A -O ►
.........1 0 3 *
f t L So. 3*4 lUinoti Cent,
9 3 * Sale
B tL 8 W la tg 4a bdefa. 1989 M -N
id g 4a lae bond ertf*.. 1989 J - Jl
55 Sals
f t Paol Crtty Cab- c a 5# . 1937 J - J 109 .......
Onaranteed gold 5 a ... 1937 J - J
f t Pan 1 A Dnintts lat 5a. 1931 F- A 1 9 1 * 124
id 5a..........................1 9 1 7 A -O 1 U * 112 *
lat oo g 4 a . ............... 1948 J - D 101 1 0 2*
f l P a o l M A M 2d 4 *....1 9 0 9 A -O 1*1 . . . . . .
Dakota ext gold
1910 M-N •129* .......
la t oooaol gold 4a....... 1918 J - J
143 1 4 4*
Registered .............. 1933 J - J
Bed need to gold 4 * a 1933 J - J
, 120
Registered.......... ..1933 J - J
Mont I x t 1at gold 4a.. 1927 J - D ►108
Registered................. 1937 J -D
Minn Onion 1 « g 4a . .1993 J - J
Mont C lat an g 5 e ....l9 3 ? J - J
R egistered ............1 9 3 7 J - J
lat guar gold 5a,. .. ,1927 J - J
Registered............1 9 3 7 J - J
EM istdte latg5a... 1904 A -O t i l * .
Registered....... . ..1908 A -O
Nor dir 1at g 4a . . . . . 1948 A -O
Registered. . . . . . . . 1 9 4 “ „A -O
„
Wifl A f V m g 5 a ....1 9 3 8 J -D
Registered........
1938 J - D
•t P A Nor Pan. 5«# Nor Pae
» t PA 8?xOlty. 344 0 StP MA< >
B Fa Prea A Pb la tg 5a 1943 M -S * I 0 5 107
8 A A A P, 344 Bo Pae. Co.
8 F A S P la ta f g 5 «...1 9 1 9 J -J 105 107
Bar F A W lat 000 e 4a. 1934 A -O 127
la t g 5a...........................1934 A -O
Seioto TaJ A N R. fas Vr>r A W

Loxo. S ig h . No
1
118
11354 M ar’99
10 2

113

SE C U R IT IE S

F sttt G t a f s a l a t .
N Y A K R F erry-S tock
Bonds 5s o f 1932, MAN
Hoboken—Stock . . . . . . . .
1st- 5 s . . . . .......................
Con- 5s . . . . . . . , , . , . 4. . .
N Y A 8 B Trans A F«rrr
Bond* 5s o f 1906 MAN
10th A 23d St* Ferry.......
1st mort 5* I919...JA D
Onkm Ferry—S tock.........
1st 5s 1420........... MAN
4 Buyer pays accrued
f Pyle* per ahare.

N o t ’ 98

107 Deo ’98
10544 Apr *99
1 0 9 * A p r '97
141 Mar’ 99
1 4 0 * May'99
1 1 2 * Apr*07
108** A p r’ 99

102

N o t '9 7

i*08* ’ May’ 97

lHB4Feb.'9v

10 1

Mar'99

124
100

Apr «9
May *99

9 4 * May'W
20 Dec 98

137

N o y '97

1 0 7* O et/98
1*1

Nor* 98

90 OcA’Ox
113 Jan.'99
98 J l f ‘ 97
160
100
92*
99*
87*
84*
8 7 * M ar’9 ¥
99 *
99*
87*
88*
104 Mey'99

78*

7J *

81*

Price
Friday.
May 26
Bid. Ask

Saab A Roa lat 5 a . . . . . . . 1926
J
Car Cent 1st con g 4a. 1949 J - J
Sea A B Edge. Sea Bklyn El.
Sod Bay A 80 l i t a 5 s ... 1924 J - J
So Car A Ga le t g 5 s .. ..1 919 M-N 109 Sale
1 1 4 * 116
1 1 4 1 1 6 * Southern Pacific Co—
Gal Har AS A 1st g 0S.191Q F-A
2d g 7 s . . . . . . ......... ...1 9 0 5 J - D
H ex A P acdir 1st g 5a.’3 1 H -N 108 Sale
10 5*10 7*
H o n a A T O ls tW AN7s.*0S J - J
1st g 5s lnt g td .........1937 J - J •1 1 2 " i ‘1 5 ”
13**141
C o n g 6s t n t g t d ..,..1 9 1 2 A -O
140*140*
8 9 * Bale;
Gen g 4a in tg td .......1921 A -O
M organ*La A T l i t g da. ’ 20 J - J
lat 7a.......................... 1918 A -O *188* !!!*.*.!
N Y T A M exgn I a t g 4a . 'l 2 A -O
108 108
.......100
Ore A Cal la t g td g 5a. 1927
J
8 3 * Sale
8 A A A Paaa lat g u g 4 a . ’ 48 J - J
T ex A N O lat 7 a .......1905 F -A
Sabine dir lat g 6a.. 1912 M -S
Con g 5« ....................1943 J - J 106 Sale
B o P o f A rgn la tg 6 a .’ 09-10 I -Jl 112 .......
8 P o f Cai lat g 0a.'05-12 A -O
la t oon guar g 5a. .1987 M-N
S ta m p ed ......1905-37 M N 107 Sale
A A N W lat g o g 5a. 1941 J - J 100 Sale
8 P Coast lat gn g 4a.. 1937 J - J
B Pac o f N Mex 1st g O s /l l J - J
111 Sale
South Ry—lat oon g 5a,. 1994 J - J
Regiatered................. 1994 J - J
Mem DIy 1st g 4-4*-5a 1990 J - J
R egiatered................ 1996 J - J
B Ten reor lien g 4-5al98S >1-8 108
......
Regiatered.................1938 >1-8
Ala Cen R la t g 6 a ....1 9 1 8 J - J
99 101
Ati A Cb A ir Line in©. 1900 A -O 109 .........
9 3 * 97
Ool A Greeny l i t 5-6S.1910 J - J
K T V i k O i lat 7 a . ..1900 J - J 105)4
Divisional g 5 a ,.. ...1 9 8 0 J - J 1 17 i is
126 126
Con lat g 54.............1 9 5 6 M-N 118 Sale
100 100
G a P a e R y 1st g 8 a ....1922 J - J
Knox A Ohio lat g 6a . 1925 J - J . . . . . . 1 2 4 *
Rich A Dan oon g 6s .1915 J - J 1 2 5 * Sale
Romp sins m n d g 5a 1909 M -8 loo .....
Deb 5s s ta m p e d ...,.1927 A -O 105 .......
Virginia Mid gen 5 a ... 1986 >I-N 114 ........
Gtd stam ped......... 1986 U-N 114 ........
W O A W la to y gn 4S.1924 F-A
W est N C lat oon g 6S.1914 J - J
S A N Ala. 3*4 L A N .
Spok FallaANor latg 6 a l 989 J - J
ii S ta lls! By lat gn g 4 * a .l9 4 3 J - D
118 118 I!Sanb A Lew—Si** Penn RR.
Syrm Bing A N T . 8*4 DLAW.
T er A o f S tL la t g 4 * a .‘ 99 A - O 1 1 2 * .
98 100
9 8 * 9 9 * 1 lat eon gold 5a 1894-1944 F -A
8t L M Bge Ter gn g 5a 1930 A -O 1 0 6 **;
714 8 5 * 9 0 * Ferre Haute Blec Rr g 6a . *14 Q -Jt
' 9 7 * 8 7 * Tex A N O . 8*4 80 Pac Co.
TexAP Ry Ediv latg 6s. 1906 M-B 104 ........
l i t gold 5s.. ......... ..,,9 0 0 0 J - D •110 117
3d gold Inc, 5s. D e e .. .2000 Mch.
91 1 0 0 *
5 5 * Sale
Eng trust Oo c tfa .,.
>8'
...
1 0 2 * 1 0 4 * Third A t lat gold 5 s . ,.. 1987 j - j ♦189
5
72
7 8 * T ol A O C la t g Ss..........1935 j - j 105 . . . . .
Weat’ n dir 1st g 5 s....1 985 A -O
General gold 5 s............1936 J - D
Kan A M 1st ga g 4 s...1990 A -O ......... 88
82
........
Tol Peo A W lat gold 4a 1917 J - J
84
in
T 81 L A K 0 1st f «s tr-1910 J - D n o
lster A Dei I s t o g S s 193$ J - D 1 0 1 * 10 2
aion Klar. 8*4 Bklyn KJst
Cn El (Chit) 1st g 5a....1945
A -O
Gn P s o -R R A 1 g g 4a. 1947 J - J 109 Bale
Registered.................... 1947 J - J 1 0 8 * Bale
1 1 3* 115
1 1 9 * 1 1 4 * Cnl N J RK AC Oo. g « P * H R
H ah CeotraL 8*4 Rio G W
112*115
Utah A North. 34* Ore 8 L.
199 1 2 5* Utica A Black R. Res NY Cent
er Val Ind A W. 8*4 Mo P.
107 i l l *
lrginia Mid. 3*4 South By.
100*105*
* ab RR Co la tg 5a . 1989 M -N 1 1 6 * Bale
W ‘ 2d gold 5s.............1939 F - A
9 9 * S ale
Debenture series A .,,.1 939 J - J
82
88*
34
84*
Series B . . . . . ........... ..1939 J - J
98 102
latg 6s Det A Cb Bart,. 1941 J - J 108
StCoae Bridge 1st g 6a 1903 A -O
915
8 4 * 97
Warren RR. Nss Del L A W
79*| 4 0 * 57
108 1 0 8 * Wash OA W. 34* 8outhern
West N Y A P a —la tg 5 s. 1937 J - J •114 115
05
i*< r 182* Gen g 8 -4 s ................... .1948 A -O 64
82
23
Income 5 s ,...A p ril, 1943 N o t ,
118
116
West No Car. S«* South tty.
100
108
12 1
1 2 4 * Western Pec. 5*4 Cent Pec.
1 2 3 * 1 3 5 * W Chle Bt40-yr 1st cur 5 s.'2$ M -N
40-yser oon g 5a...........1986 M -N
1 3 8 * 140
1 3 7 * 1 3 7 * West Shore, fas N Y Cent.
W Ya A Pitts. 3*4 B A O.
1 1 2 * 119
W y * Ce&i. A P la t g As. 1911 J - J
1 0 4 * 1 0 8 * Wheeling A L E 1st g 5s.l926 A -O 106
Trust Co oertlficates...........
104 104
W heel D1t 1st gold 5a. 1928 J - J
90
101
Brian A Imp gold 5a.. 1930 F -A
1 3 4 * 184*
90
........
Wilkes A East. 8*4 N Y 8 A W
WU A 8»onx F. 3*4 8t P M A M
118*115
Winona A 8t P, Sss C A N W
7 8 * .........
1 1 0 * 1 1 8 * W taCestOo l i t t r g 5s ..1937 [ J - J
Rngraved trust osnificataa.
7 8 * Sale
Income 5 a . . . . . . . . *..,,1 9 8 7 A-O*
4 * Bale

1 1 9* Mar'99
114*
U 4*
1 1 3 * May*9 9

1X5*

111
100*
105

1 9 5*

111*

too*
Oen'97

* f$ “
100*

*88
100*

98*
55

93*
55u,

10-** M a r '99

1*8*0** Feb *99
113
113
101* 1 0 1*
1 2 1* 121*
12 3 * May'VW

140
137*
119
104*
109
104
1 2 2*
1 8 4*
115
115

A p r'99
Feb '99
May *99
M ar'9May’99
Jan.'9W
Jan.’98
Mar '99
A p r ‘ 97
Feb *99

U O * A p r'99

190

A p r'99

115

1 0 4* Get.’97
119 Mar *99
to u liM .

(G rvgN

at

Low, S ig h .
104* Feb.’ ys

Mange

since
Jan. 1 .

No LowJIwK

iD a .lo ir -

foot

1 0 8*

109

114 A p r’ 99
110 Feb *99
1 0 8* 103

41 1 ‘0’i j i i l ’ t"

66

U 0 111
100K 105

107 118
112 112
87)4 90

1 1 3 * 113
112 M ar’ 99
88
8V *
t80*F eb.*9
189 Jan.’ 99

189 ' 189
97 io s
77)4 80

105** Mar’ 99
1
84
110 D e o '98

. . . . . . •••••¥

1 0 6 * N o t '9
1 0 5 * 106

109 ib e u
109U U 4«
119 122
106* 106*
106* May’ 99
144 100 109)4
106*
IU7
100
t o o * 87 9U 101
. . ... . '•••••
1 1 3 * Not ’ 9*
l i e * t n * 112 108* 1UH
toe*
i0 6 * M ar'99
107)4
107* Jan.*99
118*
188

113*

A p r’ 99

100 109
...... .

1 0 8 * May'99
1 1 2 * A u g'9 7
117 * Mar ’99
I Q f* 1 0 6 *
1 1 7 * A p r'99
118

1 2 4*
124*
125
100
106
114
11 8 *
90
120

118

May’ 99
May'99
125*
M ar’Ww
A p r'9 9
H4
May'99
Feb.’ Bv
May'99

81

l i t * D e o '9 8

n i« n «

1 1 4* May’ OO
103

U «t.'9

105*
115*
58*
55*
18 8 *
100
103

M ay'99
26
lie *
M ay’ 99
O f * 801
M ay‘ 99
M ay'99
D e o '9b

100

68

58H 55H
‘ » 6 H }*»**
104
80

6 8 “ M ay'99
82
82

105

io»H u e «

78

S3

10?

SB

8*

1C0H

111

110
1 0 0*

111
1 0 0*

107*
10b

578 10SU 108
109
1 0 3* 10 104k 108H

1 1 5*
99*

I lf*
100

»B

(13
34
88 )4

117«>
100

'8 « ! i

34“
*84*
til
May'9
110 May'99

,05)4 1 1 ™

1 1 4 * 114.
64*
64.
9 2 * May’ 1

108)4 U4J<
64
85}.
14M 34)2

99

103)4 118)4)

Deo *97
118
104

118 Jan.'OO
105* 100
105* Apr’ 99
96

A p r ’ 99

84
72
4

No t '97
7 3 * 1802
5
75

11*
108

92 * Mar’ 9.3

58

s

78J4

io n

120

GAS A RLBCTRIC LIGH T BON D8.
Atlanta G L Co la t g 5 a l9 4 7 J - D
Bos U Gas tr Ctfa a f g 6s . . ' 8« J - J
95 108* Bklyn U Gee 1st con g 5a..’4 6 M -N 120
C b O L A C C o . 8** P U A C C o
Columbus Gas 1st g 5a. . 1982 J - J
Oon Gas Co. 8*« P G A C C o.
i l i " 1 2 5 * Detroit City Gas g 5 s . ...1 923 J - J, 101
*ei Gas Co eon ls t g 5s. , 19181F-A*

1 0 6 * M ar'99

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

H 3* 1 1 5 *

V

Ask. [
t n i a c s l l a s a s s a . Par.
Amelgam'd Copp^rfw. 1.)
72
99
kmer Air P nw of N Y.tOO
3t 1 ia isrlc'n A xe A T ool. 100
112 i 4 mer Bank Note C o ...50
American Beet S ugar....
94
9%*\
P referred ............. .
30
26
Am Car A Foundry—8**
91
# 87
99
Preferred—Sss Stock E
59
4 mer. Caramel—
4105 106
40
C o m m o n .- ....,,..,,. . . .
89
Preferred......................
4101 109*
4 mer Press A ssoc'n.. 100
inters *»4 merloan S crew ... . . .250
Bid.
60
♦ 93
50
no

2 id

BONDS.

2T.T. S T O C K E X C H A N G E I f
W k s k E n d in g M a y 26.

U

iiu A M u 4 M t M )U m « .

O U T 8IO E

N o t '98

1 1 4 * A p r ‘ 99
1 1 5 * May’99

since
Jan
. 1.
Loro.
114 *
Range

1015

P R IC E S (5 pages) P a g e 4.

of

I D a. 3 « o i

t o a . J .a .

7 o o n seo u tivb

Sale

10 0

102

101

Apr '00

Aak.
7
60
18
x list,
1st
L ift,
51*
28
107

10 118)4 i 'io "
588

96)4 103M
86 101

a T b w * n option u ! « .

).— F E R R Y

Ask. I IH lecH In n e o n s . Par. Bid.
1 0 0* 4xu 8oda Fnun—Com. 100
0
70
lat preferred .......1 0 0
50
9d preferred............100
31
18
50
4mer Smelt A Rcfl'g—St* 8tk B
34
Preferred —$** Stock E xob L
80
Vmer Steel Hoop—3** S' 0 rk E x.
list
American Surety........ 50 SiSy*
list
49
4m T ypefo're—Stock. 100
tjner Sewing Machine. .5 t »
60
56
4mer Straw b o a rd .,,. 100 2 7 *
100
Bond* 0 8 ..,.., ...,F A A i o s *
105
too
4mer W noger com .. .100 105
P r e f ....,............. .
117
t..,44. 2 0 9 *

Bid.
100
73
20
t 47
99
7k*
StkEx
xcbge

91)4 c>0t. 98
118)4 120

4 m N or.

I

pages

Sale

& M IR C E LL’S.

M la o e lln n e e n e , Par.
4mer Grapbop'boue. . . . iu
Preferred ...................10
4ndoraon (John) Tob.100
Automatic V e n d in g ...10
Barney A 8m C a rCom m on.......... , . 49.100
P referred ... 4, , , , . . . 100
0a 1943 ...................JAJ
Bergu A Kng Br—Se* Phi
lat 0a . , . . . , ....................
Blackwell's Durh T ob.25
Bllaa Company—C o m ..50
P referred ......... . . . . . 5 0

Bid A ik
t 18*. 14
UM
M ! * 18
4
t 8*
25
90
90
95
105 108
1.11st.
low
t 10
f 07
00
t 0 * 03

m

1010

TH E

C H R O N I C L E — BOND
Week's
Range or
La st Sale.

BONDS.
B . Y . B T O O K E X C H A N G E l jj
V i k k E h d in O M a t 2 6 . j

Bid.

B d K i l l L t O O D T * 8 . .. 19 10 ,.11-8 i l l
12414
l i t eon it S i . . . . . . ..........- J
B roo klyn H t g S l ........ 1 9 4 ° A - t l 111
B atrlitereO ............................ A - u
98
U t i o S * 4 . ......... - J
*105
■ a O i l L N T l l t o o n p 5s. . 3 *
S q Q A E nel. Stt P G A COO.
•120
O in Kleo Co del) K 3 . . . . 1 9 9 *
O r R ip O L Co l i t it S i . . 19 16
M O Mo O u CO l i t 8 5» 1» *®
109
L ie O n - 1 .C o o l 8 t l. i . t « 3 i 'i e
8 m ill ................................1®1®
M ot F uel O i l C o S w P*opG»»
» * o O n A O l i t r u b S i . . 1»04 M -N •105
•108
185
l i t o o m o l g 6 * ................1®«»
•101
a e ru n d tn g K 5 l............... 1®*7
B eg tite r e d ...................J®47
•113%
O b O-I. A C k e l i t g o it 3 . 87
•112
O o n O C o o l C h l i t g u g S i 30
■ q a A F C b l i t g u g » l . 05 J - J 166
•104
Mu F u el O i l 1 I t g u g S. 19 47 M
<4Fntn O n C o o o lt r g o i... 33

.......... 1 1 0 *
i i f ’M
1 2 5 4 1 2 3 * A p r '90
........ 1 1 1 M a y ’ 99

5 110

112 k

1 2 0 k 124
111

111

....
...
....

....
115
114
108
....

C

D
1

M
N

O U T S ID E

i* .

A ik . Lom. High.. Vo.I L oto H ig h

M I8 C K I.I.A N K O U 8 BON DS.
A d i m i B x — C ol t r g 41.19 48 M - 8 1 0 5 % ........
A m G ot O il deb g 8 i . . . 1900 Q u-F •104% 106
A m D k A Im p S i. S w C e n N J
Sale
N
A m S p irtti M fg l i t g S i. 19 16
D e r A 8 C e rC o I i t g 0 l . l 9 4 3 J - J
Sale
D k 'o W A W H lI t g S l.1 9 4 6 F - A
e h O o a lM ln . S m T C I A R taioJc A 8 tY d ool g S i. 19 16 J - J
H o n e im . ln c o m e i o s .1 9 0 ' J - J
O le m fB ltC o e l. S m N T C A B
O o lC A U it o p n g 3 i...l» 0 0 F -A
Ool C A I D ot C o g u g 51.. 1908 J - J
COnpOn Off..........
Ool F u e l Co geu gold 0 1.1 9 19 M -N
88)4 .
Ool F A I Co gen i f g S i. 1948 F - A
O o m C e b le C o lit g 4 i...2 3 9 i
K n t it in d ..i.
t ,..,.4 iS v t u
e B e r d o lC A I . Sm T C A I .
el A H C m . S m -IIRbonds
19
21
D e t MAM Id g r SH j M A . 1 9 1 1 A - O
■ r llT A T o o l t r g i « 5 f c . .l 9 2 0 J - J
G r BIT Goal * C 1s t g 0 8 .1919 A - O
H ack W a t R eo r 1 s t g 5s. 1926 J - J
H and B Co 1 s t ■ f g 6 » ...19 3 1 M - N
H ob oken L * U 5 s ........19 10 M -N
11 S teel Co d e b 5 s ........19 10 J - J
N on-con▼ deben 5 s ... 1 9 1 a A - O
I ro n Steam b o a t Co 6 a ... 1901 J - J
I n t’l P aper Co l i t co n g 6s * l w F - A
i 112k
J e ff & C le a r 0 A 1 1 s t g 5s 1 926 J - D
* d g 5 s ............................... 1926 J - D
K o lo k I c e (C hic) l s t g 5s. 1928 A - O
e t T * T 1 s t s f g 5 s .l9 1 8 m - n
R egistered ............... 1918 M -N
M ich P e n C a r C o 1 s t g 5 s .’ 42 M - 8
M a t D n T e l C o. Set W n On.
a t S ta rc h M fg C o ls tg 0 s ’2O M -N 100 103
w p t N ew s S A D D 58.1990 J - J!
K V A N J T e l gen g 5s c y . ’ 20 M -N
Y A O n tL a n d l s t g 68.1910 F - A
N o vv estn T e le g . Set W est. Du.
«»eoria W at Co a 6*- 1889-1 l M- N
» N o p n o e F riday; tneae a re la te s t 01a an d asKea

S E C U R IT IE S

M l a c e l l u n e o u w . P a r, Bid | a sk
B ond A Mort U u a r ...l'K ) ah .j
C arter-C ru m e— P re f. .10 0
55
70
C ellu lo id Co...................100, 90
O e n t A m eric a T r ’ nsit.10 0
1
C e n t F lre w ’ rka— Com . 100
10
15
00
P r e f e r r e d ................... 100
55
C h a te a u g a y O re& Ir 0s ’ 15
35
45
C h es A O G rain E l— I n c . .
10
17 %
75
4 s . . . . . ..................................I 66
<Jheaebrongh M fg C o . 1001 340
345
C la flln (H B ) - l s t p r e f .l0 0 100
108
2d p re fe rre d ........... .100
98
C om m on—S tt S to c k E x list.
75
C la rk M ile End T h r’ d.100
76%
C ollin s C o ....................... 100 1 1 9
50
Oonaolld C ar H ea tin g . 100
55*
C onsol F lre w ’ ks-Com .lQO
5
P r e f e r r e d ......... . .. . .1 0 0
60
O on K a n C Sm elt A R e f .25 t 27%
21
C on so l R o llin g 8 to c k .l0 0
20
C o n t. T o b ac. C o—Set 8too k K x. Hat.
C ram p s’ s h A Kn B ld g. 100
75
Diam ond M atch C o . . . 100 150% • 51
21% 20
E le c tr ic B o a t
42
P r e fe r r e d ..
45
E le c tr ic V e h ic le —S tt P h i L 11-t.
P r e fe r r e d ............. .
12 3
113
B p p e o s 8m A W le m ..l0 0
80
K a stm a n K o dak C o .. .100 100
110
ECne A W estern T r a n s .50 t 37% 38%
F id e lity A C a s u a lty .. .100 250
F id e lity A Dep ( B a l t ) . . 50 t2 0 7
210
G e n e ra l C arria g e C o . . . . .
30% 87
G erm an Am R eal K st,100
28
o o d yea r S h oe M achine
x 49% 50
G orh am M fg C o-C om .100
100
P r e fe r r e d ....................100 114
120
G r e a t F alls lo e ........... .10 0 145
160
H a rtfo rd C arp et C o. .100
65
H a v a n a C om m ercial
3 3 « 34
P r e fe r r e d ................. H
68 >» 8 3 *
H eck-Jones-J M lll-P f.10 0
50
59
90
1s t 0s 19 2 2 .............. M AS
H sr'g-H all-M ar(as8 t p’d).
2
4
10
P referre d (a sst p 'd) 100
30
H ob oken Land A Im p 't
110
5s . . . . . . . ........... ...........
105
In tern a tio n a l E lo v a t.1 0 0
90
95
In tern atio n al N a r lg ..l0 0 102
105
In tern et. P a p e r— See 8 t’ k E xch list.
Bonds 0 s............................ A 1
118
I n te re a tlo n o l P o w e r.........
82
84
in te r n a t'l Pum p— Com
28
P r e f e r r e d .......................
nes* H 7*
I n te rn a l S ilv er— See Stk. E xch. list.
70
Do
do
pref.
63
Do
do bonds. 1100% 1 0 1 *
‘Iron S tea m b o a t........... 100
0*
7*
6s 1 9 0 1 ....................... JAJ
50
00
Jo h n B S tetso n — Com . 100
75
P r e fe r r e d ................... 100 1 1 5
J o u rn e a y A B urn h am . 100
3
P r e fe r r e d ................. 1 0(
25
35
K e n ty D tstllrs A W a r ns<
15% I B *
P referre d .................. ..
5s
56
K n ic k e rb 'r lo e(C h lc)-S r- St E x L ist.
K n lck erb loe— Bonds 5s.
100
X .aw yers’ B u re ty .......... 1 01 105

R ange
s in c e

Ja n . 1.

12 0 k

12 0 k

10 9 k

109%

73

109

12 0 k

10 0 k i n

10 9 k
10 7k
12 4 k
106

A p r *99
F e b ’99
M ay '9 9
D e c ’98

10 9 k 10 9 k
10 7k 10 7k
123 1 2 7 k

12
lllk
10 5 k
10 7k
101

M a y ’ 99
A p r ‘ 99
M ay’ 99
A p r ’9^
M a r ’ 98

109%
io 7 k
10 5k
105

105
105

L0 5k
106

91

92

118
u ik
10 1k
10 7k

1 0 4 k 10694
105 1 0 8 k
35k
84k

»4k
92k

109k Feb ’ 91
100

100k A p r ’ 99
103 Nov’ 9S
88k
*8%
103k Nov’ 98
104 Feb.'98
19 May’ 99
HO Jan.’99
95% Jan.’ 9?
111

A u g ’ 97

99
70

J a n .’ 99
A p r ’ 97

113
107
80
98

M a y ’ 99
M a y ’97
M a y ’ 97
M ay’ 99

25

80

10 0 k

90k

1 7 k 23%
110
110

99

99

1 1 2 ” i 'i 8 k

[V ol . LXV III.

P R IC E S (5 pages) P a g e 5.
P r ic e
F rid a y ,
H a y 26.

BONDS.
N. Y . S T O C K E X C H A N G E
W e e k E n d i n g M a y 26 .

B id .
PI V a lle y C oal 1 s t g 0a.. 1920
P ro c te r & G am b 1 s t g 6 s. . ’40
8fc L T e r CuppleB S ta tio n &
P rop C o l s t g 4% s 5-20 yr* 17
8 Y u b a W a t Co c o n g 6 s. . ’23
8p V a l W a t W o rk s 1 s t 0 a.’ 06
S tan R o p e A T 1 s t g 0 s .. 19 46
In com e g 5 s ..’ ..................19 46
8 un C k C o al l s t g s f 0s.. 1 9 1 2
Term C oal T D iv 1 s t g 0s. 1 9 1 7
B lrm D iv 1 s t c o n 0 s . . . 1 9 1 7
C a h C M C o 1 s t g u g 0 s..’ 22
D e B a r C A I Co gu g 0 s .’ 10
U 3 E a v e l Co 1 s t s f g 8 s 19 18
D S L e a th Co s f deb g 6 s .’ 13
W e s t U n ion deb 7 s . . 1875-00
R e g iste re d ............18 75-190 0
D e b e n tu re 7 s . . . 1884-1900
R e g iste re d ........1884-1900
C ol tr u s t cu r 5 s .............1938
M u t Un T e l 8 f ‘d 8 s . . . 19 1 1
N o rth w e ste rn T e l 7 a . .. . ’ 04
W h L B & P C C o l s t g 5 s .’ 19
D. S.
D S 2s
U S 3s
U S 3s
D 8 4s
D S4s
D 8 4s
U 8 4s
D 8 5s
D 8 5s

G O V . S E C U R IT IE S ,
r e g is te r e d — O ptional
r e g i s t e r e d .. . .........19 18
co u p o n ...................19 18
re g is te r e d ...............1907
c o u p o n .............. .19 0 7
r e g is te r e d .............. 19 25
c o u p o n ...................19 2 5
re g is te r e d ...........,,1 9 0 4
c o u p o n ....................1904

ST.f T E S E C U R IT IE S .
A la b a m a — C la ss A 4 to 5.190 8
8 m a ll........ ............................
C la ss B 5s......................... 1900
C lass C 4s.......................... 1906
C u rre n c y fu n d in g 4 s .. . 1920
D ls t o f C o lu m b ia— 3*85s. 1924
L o u is ia n a — N ew co n 4S ..19 14
S m a l l . . . . , ..........
M isso u ri— F u n d in g . ..1894 -95
N o rth C ar— C o n so l 4 a ...1 9 1 0
S m a l l . . . , . ...........................
0 s ..........................................19 1 9
80 C aro lin a— 4% s 20 -4 0 .19 3 3
T e n n — N ew s e ttle m ’ t 3 s. 1 9 1 3
S m a ll.............................. ..
V ir g in ia fu n d d e b t 2 -38 .1991
R e g is t e r e d .........................
8 s d e fe rre d c e r t f s ..........

Range
since
Ja n . 1.

W e e k 's
R ange or
L a s t S a le.

A s k . L o to .

H ig h . N o .

M -N
J - J
J -D
J -J
s
F -A

10 1
SBk
...
2 5 k S a le

J -D
A -O I 1 0 4 k
J - J .........
J -D
F -A
10 3 k
J -J 5
M -N
M -N 10 2
M -N * l 02
M -N 102
M -N 102
J - J 119
M -N
J - J
J - J
(For
(J- M
J1

t l J1
Q
Q
Q
Q

-F
-F
-F
-F

110

J -J
J -J
J -J
F -A
J - J

110
100

J - J
J - J
J -J
A -O
J -J
J -J
J -J
J -J
J -J

87
26

8 4%
23k

90%
35

101% 110%

10 4 %
108%

S ale

10 3k

10 3k

10 3
10 3

11 9 % A p r *99
1 0 7 k M a y ’ 99
10 5
Mar *8
10 2 k
' 02 -*

110 % 119 %
1 0 7 % 10 7%

119 ' ’
119**
110
M a y ’ 99

112% 119

see seventh pa
99 F eb ’ 9 m
10 % M a y ’ 99
10 8%
9%
1 l *%
113
1 1 3 % M ay’ 99
13 0 %
* %
13 %
18 0 %

recedinQ.l
00
99%
100% 109%
100% 10 9%
111
118
112% 114
128
13 0 %
128 13 0 %
111% 113%
11 1% 118%

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

S ale

iy

J -J

F e b ’97 . .. .

Sale 103
10 9 k 10 3k

100

108%
10 0 k
112%
113 %
13 0 %
13 0 k
112%
11 2 %

85%
25.%

Low H igh

10 0 k
S al11 3 ;
114 ;
130%
13 '%
112%
112%

112%

u cx

12 7
.
10 4% ■

111%

100

10 2% 10 8%

110

112%

110

M a r ’ 99
A U g ’ 9H
8 e p .’ 9H
N o v ’ 98

112

112%

118
N o v ’ 98
110
A p r ’ 99
1 0 9 k Feb. 9

108% 110
109% 109%

10 8

A p r ’ 9d

108

12 8

F eb '«

97
95
85
8H

90

1 1 2 % M a y ’ 99
112
10 5
108
10 4

100
118 k

10 1

8%

90%
95
82%

A p r ’ 99
Feb ’ 9

108

98
95
87

8%

U N L IS T E D BO N D S.
02
71
97
10 1
A t c h Col A P a c 0s t r c t f s . . .
13
62k
62k
03
04
A t c h J Co & W e s t 6s t r c t fs
03 A p r ’
B & O pr lien 3 ^ s (w 1). 19 25
99%
10 % 1 =>S 90 10 0 %
1 0 0 k S a le
103 103
103 F e b ’ 99
98
1C 8%
1 s t m o rt 4s (w h e n is s).19 4 8
10 % S a le
10
0 i%
18 4
9 % 90%
S o W * s t. d iv . 3 k
(w . i.)..
96% - a le
90% 28
90%
100 104
100
100
8 0 k 89%
C e n .P c.M .3 % s (w h e n it<8’d).
88% S a le
08 %
8»% 190
10 2 % Sale
1 s t m tg (w h e n is su e d ).........
102% 7 5 1 100% 102%
02
93
98
M etr a r 8 El(Chic> St 4s 1938
98 S ale
2r9
98
96k
* 5 % 88
S t L I M & S ) n e w 30 y 4s (w 1)
1 9
80% 87
87
80%
85
87
Jo u P a c .c o l.tr . 4s (w h e n iss
329
85%
8 6% S ale
W is e C en 1s t 4s ( w l)
....
3s*
9 4 % S 1«
a -<14 0 3% 9 * %
th is w ee* . T D u e J u ly + D u e M ay. I D u e A p ril. | B o n d s d u e J a n u a ry . 7 D u e A u g u s t . a T h s e a r e op< Ion sale# .

(O -I T E ir A X

F O O T OF 7

M le c e ll a n e o t iM . P a r. B id A sk
L a w y e rs ’ T it le I n s . . . . 100 145
155
110
L ib e r ty S ilk M ills....... 100 100
85
P r e fe r r e d ............. .100
00
L o rllla rd (P )— P r e f .. .100 120
125
M adison 8q G— S tock .10 0
5
2d 0s 1 9 1 9 ............. M AN
25
35
M aine 8 S.................... ...5 0
20
M erch A M in ers’ S 8 .... 50 t 00
M ich-P Oar l s t 5 s ’ 42M A3 105
M inneapolis B rew 1 s t 7s. 105
M osler S a fe C o ............100
41%
M on o n gah ela W a t e r ...25
N a t B is c u it— See S to c k E x L ist.
45
N ation al C a s k e t C o . . . 100
N a t’l G ra m o p h o n e .... 100
70
N ation al Saw — P r e f . . 100
50 ‘
N a tion a l S a lt ............
74
P r e fe r r e d . . . . . . .
N ation al S u r e t y ..........100 150
70
N ation al W a ll P a p e r. 100
N. E . E le c. V t - h .T r a n s ....
9k
N Y L o a n A Im p ..........100
50
N Y B is c u it 6s 1 9 1 1 . MAS 11 4
N ew J e r Z in c A Iron. .100 130
N Y A ir B rake—Set N Y 8 took K x ch .
N Y E l V eh . T ra n sp .10 0
25% 26
N ich olson F ile Co......... 50 t 25
N icarag u a C o n stru c t. 100
10
O tis E le v a to r— Com
30
37
P r e fe r r e d ................
88
90
109
P a rk S t e e l.................
112
P eck , S to w & W i lc o x ..25 t 23
P egam oid , p r e f ........... 100
40
P e n n s y lv a n ia C o a l........50 300*
P en n . W a ter— C o m ....5 0 t
5
P h il A W ll S tea m b o a t. 50 t 60
70%
P la n te r s ’ C m p ress
118
P n e u m a tic G u n C a r’ge. 10 t '42
•44
P r a t t A W h itn — C om .. 100
4%
8
P r e f e r r e d ................... 100
40
50
P re s se d S teel C ar—See S t OCkEx list.
P r e fe r r e d —Set 8 to ck E x c h . li st.
P r o c te r A G a m b le .... 100 341
3 75
P r e f e r r e d ................... 100 190
200
R e p u b llo lr o n A S t e e l .. ..
21
22
P r e f e r r e d ...........
00
01
R .l. P e rk in s H o rs e Sh. 100
25
P r e f e r r e d ....................100
71
R o y B a k P o w p f ............
00% 90%
R u b b er G o od s M fg .........
28% 30
P r e f e r r e d ....,.................
73
78
R u ssell A E rw in .............. 25 t 05
S a fe ty C ar H e a t A L t.10 0 130
145
42
S oh w a rsch lld A S ulzb .10 0
38
S em et-8 o lv ay deb 5 s ........ 101
103
Sim m ons H 'rd w -C o m .l 00 140
145
P r e fe r r e d .................... 100 12 5
ISO
S in g er M fg C o . ............100 480
S tan dard O il..................100 468
471*
S tan . Dlst, A DI b.—See S to e x E x . L ist.
S tan d U nd’ rg ’ d C ab le. 100
200
Sloss l A S ls t 0 s 1 9 1 7 . F A A 109%
S o u th ern C otton O i l . . .50 t 54%
8 ta t I si R T 1 s t 0 b’ 1S A A O 10 7
2d 5s 19 2 6 ..................JA J
95
StiU w -B ieroe A 8m -V. 100
90
98
S w ift A C o ......................100 100
102
1s t 0 8 . . . . . ...........
1108% 110

C O N S E C U T IV E

P A G E S ) .— B A N K S

A«'
M i s c e l l a n e o u s . Par. Bid.
S usq C oal 6s 19 1 1 . . . . j &J 1 * 0 * 12 2
T en n e'S ^ e C o p p e r .............
22
T erm W a re h — S to c k .. 100
10
1 s t 0 s...................................
70
T e x a s A P a cific C o al. 100
05
75
1 s t 0s 19 0 8 .......... A A O
410 7%
T it le G n a r A T r u s t .10 0 800
380
T re n to n P o tt— C o m . .10 0
7
13
P r e f e r r e d ........... ...1 0 0
65
T ro w D ire c to ry -N e w . 100
50
55
U n io n S te e l A C h a in ..........
27
28
P e f «r-*>d
. ...........
00
08
B an n s.
Broker»’ Qu otati
N. V. C IT tf.
A m e ric a * . . . . 420
430
A m E x c h . . . . 177
182
A s t o r ........... 400
Bowery*....... 290
3 16 ”
B r o a d w a y .... 245% +246
B u tc h ’sA D r.. " 7
85
C en tral
185
90
C h a se........... 400
C h a th a m . . . . 3 10
4100
C hem ical.
14 2
C itiz e n s ’ .
C i t y ........ . . . 800
C o lo n ia l* . . . . 200
C o lu m b ia * .. 160
C o m m e rc e ,. 228
C o n tin e n ta l 128
C o rn E xch * . +370 3 73
E a s t R iv e r. 1* 5
1 1 t h W ard* 100
F if t h A v e * .. 27u0
•320
F if t h ..
270
F i r s t .. .
F ir s t (S t ta il
14 th S tre e t* . 145
165
F o u r t h ........ 180
18 5
F r a n k lin ....
G a l la t i n __ 320'
G a n s e v o o rt* .
G arfield.
1400
G erm a n A m * 1 1 5
G erm an E x* 24
G e r m a n ia * ... 375
G reen w icn *.. 165
H a m ilto n * ... 125
+740
H a n o v er.
H id e A L 'a th 120
Home*.........
Im p A T ra d 535
550
I r v in g
. . . . 155
170
L e a th e r M fr 200
L i b e r t y ....... 200
Lincoln........ 750
M a n h a tta n * . 240
M a rk e t A F ul 235
240
210%
M ech an ics'
+
M ech A T ra *
M e rc a n tile .. 180*

B anks

.

&

\ U S ('E l,U S

M i s c e l l a n e o u s . Par.\ B id.
U n io n S w u m
t 40
P r e fe r r e d
....
.. 5<> t 6 1
U n io n T y p e w r— C om 10<»
21
1 s t p r e f e r r e l............. 10 0
114
2d p re fe rre d .............100 1 1 5
U 8 G la ss— C om m on .100
80
P r e f e r r e d .................... 100
U 8 P r o je c t ile C o
.1 On
00
U .8. P n e u m . H o rs e C o li.. 1
W a g n er P a la c e C h i . 100 180
W estln g h A ir B rak e
50 +221
92%
W iaco n 0<v t ral * ( w i )
B id .

Brokers' Qu o ta ti
M erch E x c n . 12 5
M e rc h a n ts ’ .. 17 4
M e tro p o lis * ..
M t M o rris* ..
M u tu a l*......... 130
N a ssau *......... 150
N ew A m st.*.. 400
N e w Y o rk Co.
N Y N a t E x - 11 0
N ew Y o r k . .. . +250
19 th W a rd * .. 100
N in th .............. + 04
N o rth A m er. 180
200
O m en ta l* .
P a c ific * .,.
170
P a r k ............
+520
P e o p les’ * . . . .
P h e m x ........ + 1*14 *
P laza* ........... 400
P ro d E xoh*. 120
R ep u b lic . . . . 18 5
R iv e r s id e * ... 19 '
S e a b o a r d . . . 225
S econ d . . . . . 550
S e v e n th ....... +175
S h oe A L e ’th +100
S tate* ............
S ta te o f N Y * 120
12 th W a rd * .. 12 5
28d W a r d * ... 100
U n io n ............. 300
U n io n S q * .... 310
W e s t 8 1d e * .. 300
W e s t e r n .. . . 200
Y o r k v ill e * .. 200

ASK.

tS il ii li

*

Bid.

Ask,
4t

01%
22%
110
118
33
85
10C
1%
13 *
223
93%

Ask,

Br< kers' Qu otati ons.
M ech A T ra *. 250 200
N assau . . . . . . 280
330 345
N a t C i t y . ..
175
N o rth Stde*. 100
195
P e o p le ’ s* . . 190
150
S c h e rm ’r h ’n* 140
115
17 tb W ard* 105
S p rag u e . . . . 200
20th W a rd * .. 140
145
250% U nion*............ 115
W a lla b o u t * .. 105

T r u s t l!o s .
N. Y . C I T Y .
A m Dep A L .
200
53 7% A tla n tic T r
C e n tra l T r ’st.. 2002 +006
430
C it y T r u s t . .. 4 15
4 10 %
C o lo n ial ..
t
C o n so lid a t’d.
19 5
C o n tin e n ta l 3(00
F arm L n A T r 1436 % *
F ifth A v e T r 350
050
G u a r a n ty T r 00
K m c k ’ rb 'o k ’r 300
220
M &uhattan
885
M erca n tile
M etro p o lita n 870
N Y L I i T r <470
N Y S ec A T r 450
N o rth A m er.
230
205
P ro d u ce E x 250
Real Bst T r't 300
325
S ta n d a rd T r’t 220
-a n te T r u s t .. 385
^ n ton T ru s t. 1350 145 0
BR’KLYN .
485
U S M tg A T r . 455
B e d fo r d * . . . 2 1 5
L d l. S tates. ^575 1025
B ro a d w a y * .. 190
200
W a sh ln g tou 300
B ro o k lyn * . . . 100
130
BR’ KLYN .
8th W a r d * ...
95
B ro o klyn T t . 405
5 th A v e * . . . . 104
10 7
F ra n k lin . . . . Sf 3
F ir s t ....,,
380
H a m ilto n ..
258
G er A m e r* .. 00
100
+350
K in g s Co..
H a m ilto n * ... 105
L I * ’ L s T r 450
K in g s Co*
M anm & ct rs *75
M a n u fa c t’ra. 200
N assau . . . . . 78
M ech an ics* 210
P e o p le ’s . .
+311
* B a n k s m ark ed w ith a a s te ris k (*) a re S ta te b an ks.
t Price per share.
5 P u rc h a s e r also pays ac c ru ed In terest.
+ S ale a t S to c k E x c h a n g e o r a t a u o tlo n t h is w ee k .

THE CHRONICLE

May il, 1899.]
B oston ,

P h ila d e lo h ia

and

B a ltim o r e

S to ck

S hare P r i c e * - N o t P er C e a t a m P r ic e s .
Saturday

May 20

M onday,

May 22.

Tuesday,
May 2 3
353 360
103 110
•337
....
1 8 1 * 1 8 1*
139*1834
15*1 15» ,
189 181

; *s5£ ' 344

45
53

116

116* 117
34
14

34 *
14 *;

54*

98

*10*
#3*
70*

109

239

109-1

238 238
1314 182
139 4 1304
‘ L50 1514
•129 131

1234 1334

259

•337

339

110

39

87|I 88*
93*

1824 1834 183*

334 334 *35*’ *33*
444
45
45
33
53
584 584
118 l i e . 110 118
23*
13*
92

24<*
13*
92

8*4

i*M

43
434 ♦434
•78*
•704 77
........ 209 ,! '309
84

644

034 04 *

VRl4 28* 2*7 3 10
4 7 % 0374 27 l - t «
98

10*

43*
?6*

...

98

184
13

75*

42

*
184 10 8-18
43*
4 ‘* 41H

42*4

4114
74*
41*

41*

184

13*

33* 39
92
93

19*

92*1

0N* S 3*
93
92

18.4 taw!

850 350 *845 348
156 ISOM H-sm 168*
117* tl« n
118 118
307* 370
862* 370
V4* 98* 90
815 031
9<0 840
JIM •MM »0M 21*
03
63
02
62
50
55
30* 55
..*•••
.......
981
” 94*' 94* »5
59
60
0V*
41
40
*1M *5
*
•48*
10
16* 16
ISh
143
145 145 •
44
43
41
4t
9 4*
JH* 44*
168 101
• »*••
47M «7M MM ,7M ♦«M 46*
50* 50* 50
31
MM 1M •‘ M >M mm
IM
80
50
49
4a
40
40
«4
63
64W 64* 65
*«M
no sale
♦Ridaad asked

17*
At Top A 3 F*. .(B04Tt1100
All * Charlotte! Balt) 100 135

Bot A Maine pf .(Bcmli IOC
Boston A Pro*
** 100
CaVwiaea tstp f (Phil) SO
Central Mmm. .. ( Boet) 100
P r e f-....... .
100
Central OklO -.. ( Belt) 50
Chis A W Mich, i Boat) 100
G tt'sB tof tod a lfF b llj 100
Cotm A P»**um ( Host 1100
Conn Re- r . , . . “
100
Consol TrPttt*1( Phil) 50
P r e f t .. ,..
“
50
Flint * l*ere M.(Boet>100
Tret. . . . . . . . . “
100
♦Prmaotift Pass(Phll) 50
O s w M iT
"
50
m r ................
so
Hunt A Broad T ”
SO
I C R 8 £ * if "(B a a l) 1*0
P ref.
** 100
LttSto Sflbotfk.fPtali) 50
Maine Central i B o s til00
stsmma A & ii.iP b ii) so
B eseaahoo'g V. "
SO
R«W Ka«land..(Rost) 100
P re f............ .
M lo o
Worth P en n ... .(P hil) 50
F fcU A B re . . . **
50
Phil GssWj * H. ••
50
United N J .,,
«
100
United Tr o f P . ’•
50
PTSf........ .
■
50
Wets Sod pr«f.(Boe4t SO
Wset Jer A SiM PM !) 50
West J* T A Pa. ”
50
Wlseon Gen trail BoatJl00
P r e f. . . . . . . . . . ■' 100
Wot N**h A B. ** 100
Ml 9 0 ELLA NEOU8.

AJloues Mining: Boat) 25

Am ftjrst.. , .(Phil J .. ,

Arnold Mining. (Boat1 35
"

35
35

35

R e f fitats G ael.( Bost) SO

BargAWog »r‘W(Phii) ioo
Pref . .... H 100

Boston RBee IA .(B oftH 00
Boeto* La*.J,
”
10
Cambria Iron--(P hil) 50
Canton Co- - .( Beit) 100
Gtojas Mining Rost) 35
Day Haht Priam. (Phil) 50
Deism 0*a* pf (Boat) 100
■dieon El W
100
Blec Ob r»f AiaT t PhD) 50
Went V«hic<«7
44 100
WieetroCernTT
50
Franklin Min’s (Boat) 45
Shraeral B flA
100
Pm '
....
roo
GenKl Aorto-MI(PMl) 50

I&tButfl A8M(Ry«t> 10

late* H ereto7 ..,. "
25
M*r«d«n praff PbU) 100
ltorgwothaier. (B est)200
Mar Telephone
Wo Am
m •* -PYtQw

343 317
150* 159*
l 17* 110
J05 80 3
*j
91
6 35 033
1<M JOM
61
«1*
34
55
........
91* »IM
3S
39
43
* ;m
13
13*
•
145
VJ-, 44*
JiH 3 i*
153 161
43
46
SIM SiH
MM I*
65
SS
wade.

Ml
U7M
117*
300
SHM
8.35 m
19*
03
54
160
91*
J -,
41
fJM
It*
143
*tv*
JIM
159
*«M
50
MM
J.M

STOCKS

17*

a

B

m

Y e a r ly

R ecord .

Sales
o f the Range o f Sales in 1899.
Week.
Shares
Highest.
Lowest.

In d lo a te s u n liste d .

R a ilr o a d S to ck s.
Boston A A lb a n y ..............(B o s t o n ).... 100
88 245 Mar. 7
1,919 SO* Jan. 4
Boston Elevated....... ...............
“ ....1 0 0
17 227 Jan. 0
239 Boston A L ow ell......................
“ ....1 0 0
04 170 Jan. 4
1824 Boston A M a in e .............*
”
....1 0 0
9,088 1 2 4 * Jan. 4
“
....1 0 0
ISO* Chic. Burl. A Quincy........
1504 Chic. Jane. A un .S tock Yda.
540 139* Jan- 3
“
....1 0 0
130 124 Jan. 12
130
" ....1 0 0
Preferred ...........................
100 1 2 0 * Jan. 3
Chic. Milwaukee A 3t- Paul. (P hil*.) ....1 0 0
183 2 9 * Jan. S
Choctaw Oklahoma A G u lf..
“
. . . . 50
072 4 3 * Jan- U
P r e fe r r e d .....,,.....................
“ . . . . 50
4,815 57 May 20
Consol. Traction o f N. J.T ..
“
....1 0 0
87 107 Jan. 3
Fitchburg, p r e f ...,. . . . . . . . . . (B o s to n ).... 100
35 Mar. 2 i
Qa. Southern A Florida........ (Balt.) ....1 0 0
1st preferred... . . . . . . . . . . . .
M
....1 0 0
91H Apr. 24
03 Jan. 11
2d preferred..........................
“ ....1 0 0
744 2 3 * Jan. 10
244] Lehigh V alley......................... (Phtla.) . . . . 50
1 ,2 5 7
5 * Jan. 7
...........(B o sto n ). . . . 100
i s * !, Mexican Central.
31 90 Jan. 21
Northern Central.. . . . . . . . . . . (Balt,) . . . . 50
1,250 4 2 * Jan- 7
434 Northern P acific.................. (Phlla.) ....1 0 0
70* P r e f e r r e d .........................
7 0 * Jan. 0
“ ....1 0 0
10 198 Jan. 4
. . . . . . Old C o l o n y . . . . . . , . . . , , , .........(B o s t o n ).... 100
4 0 * Mar. 1 1
Oregon Short L i n a . . . . . . . . . . .
“
....1 0 0
4,125 01 J an. 3
PennajlTania................
(P h lla .).... 50
091 94U Jan. 3
Philadelphia T r a c t io n .....,,
“
. . . . 50
6,88-3
Reading C o m p a n y ..............
“
. . . . 50
9 * May 13
2,587 25 13-l0Jaa.7
1st p r e f e r r e d - .....,,,...,,,
11 . . . . 50
3,405 13 7-14.1 an. 0
2d preferred..........................
“ . . . . 50
2,087 4 1 * May 24
Union Paclfio.. . . . . . . . . . . . . ..( B o s t o n ).... 100
1,853 78 Jan. 0
P referred . . . . . . . . . . . . . . . . . .
“
....1 0 0
4 1 * Onion T ra ction .. . . . . . .
(P h lla .)..,, 50 15,899 3 1 * Jan. 7
15 ,7 9 4 1 0 * May 17
18* Untied Rr A Bloc. Co.(w. I.) (Balt,) .......
1,838 3 0 * May 10
Preferred (when issu ed)..
M .....
1,0 3 5 90 Jan. 3
West Knd Street..
.....( B o s t o n ) .... 50
M ta ce lla n e o n a S t o c k s .
17 3
American Beil T eleph one.. .(B o s t o n ).,.. 100
58,850
Amencan Sugar RefiningT..
4i
....1 0 0
393
PreferredT............ .................
** ....1 0 0
97d
Boston A M o n t a n a . ,
**
. . . . 25
8,747
Butte A Boston ..................
“
. . . . 25
Calumet A B e c ia ......................
♦* . . . . 85
45
30,002
Cambria Steel (# 1 8 0 paid) (P h lla .). . . . .
333
(Bait,) ....1 0 0
C^naoltdated Gas....... . .
6,040
Dominion C oa l.. .............. .• (B o sto n ).... 100
Kleetrto Storage Battery 1 .. (P h lla .).... 100
18
PreferredT.............
**
— 100
Krie Teiephona............(B o s t o n ) ....100
379
Federal SteeL.......... .
“
..,.1 0 0
9.307
tannson Store S e rrice .. . . . . .
*• . . . . 23
2,112
1,00 8
L*hIgh Coal A War jratIon.. - <Phlla.) . . . . 50
Mar*-tea Company f - . . . . . . . .
,f
.,..1 0 0 80.10V
New England Telephone.......(B o sto n ). . . 100
19
j»d Dominion Copper T..**,*
“
. . . . 33
4,26 •
P a Mfg. Light A PoweCT . . . (P h U a .)..., 50 16,591
United Gas Improvement 1..
**
. . . . 50
3,8 54
United States O i l . . . . . . ( B o s t o n ) , . . . 33
2.210
Weis bach L ightT .. . . . . . . . . . . (P hU a .). . . . 5
1,581
West Kud L a n d ....,, . . . . . . (B o s t o n ),... 23
We<irufh- iSIectrle A M fg...
“
. . . . 50
752
P r e f e r r e d - .,.,,...,., . . . . . .
M
50
32
* 1VI 0
b 97 5-14 38 7-14
c 9 15-16 10 1-14

280

B id
B O N O S \ Bid
BONDS
B o s t o n —Concluded.
MILK’ S LIS­ CoocradM I ' "
N YAW B a g ls t?* -’ 05JAJ U « H
\ 18
i J
l i t mort 0S- ..1905 JAJ Jt 1 8 *
04
Osceola Minins.
85*.
95
Ogd A LC<xm«eC20 a a o
Pelmet to O x ... <
SH
Income
6 s ..........1 9 2 0
59
\
\
56
300
Rutland 1st 6 s .. *02 MAN ♦106
15*
50
2d 5a.............1898 FAA ( t o t
P rell. ...........
17
16
’ ***|| Torriagton
iV s”
1st 5s 1 9 1 0 ..
Penneyi Sail...
72
68
W es i Red B iffs ..*03 MAN ‘104*
77*
Penney 1 S teell.
4
*
s
.........
.,..1
9 1 4 MAN iJU
Pref
1
.
.
,
,
.
.
.
.
.
« « * »T H
Gold i s . . . . ,.1916 MAN 108
150 I MM
*3*
160
4 » ........
,1917 FAA
'04 •
'
OniXKjy Minins
la
270 v i s " Keeoa Batr^nh.
iSM;
10
Itfjodn Ul Min..
R on d o - H a i t i m o r e .
10H (
a t*
)4
SatiU y»alH»i fi
l«M At! Jt Ch 1st 7». 1907 JAJ 1 9 1 *
A «G - Light 1st5* 1917JAD
820
13
4
T
»ro»rv’
t
Min.
30
33
Balt Beit 1stff*. 1990MAN 108*
32
33
fi
64
Torrtmiton ’ ’ A ”
BaitCPa* 1it 5s. 1911 MAN 112*
146
P r e f..... ...
3*-M 31
Bait F ood* 51.1916 MAN
9
L'n Cop LA M’ s
*‘ M
Exchange 2 * a 193QJ AJ U 4 *
37
76*
Un Shoe Mach..
3
6
*
Bait
A Ohio 4« g. 1935 AA<>
37
95
P
ref
«M
Slat Ul 2d 5 g. IV30 JAJ
Utah Minins. .
4*31
3 I* 53
««M 44
13
Water Pow er..
8
1H
IM| BaJtAPlstfisml 1911 AA‘ » W 4
50
lit 6 i tunnel 1911..JAJ 124
80
Welehaeh C o m t(P b im 0 f
66
P r e ft ............
*• 10C
ASM . . . . . Bal True 1st 5s. 1939MAN U 7 *
....
Ext A Imp 0s. 1901MA0
61
Weatm r»l Coal
•05
Wo BuitOts 5S.1942JAU
it
59
00
Wtnoaa Mintnsl Boet) 31
Um
C onr'ruble 5# 1906MAN
44
53
W otrertne Min.
*’
3i
40
87
Wollaston L’O.
M
?
1M . . . . . Cape FA TirA 6g. 1916J A I)
1st 6s scr B-. 1910 tr rec
10C
llen«1« - R o e te n .
1st d sse r C 1916 tr rec
4108 I0SM
105
•••** Am BedTeJ 4a .1903 JA.
3 »0 MA8
1»M *»M
tlOl-a l « l g Cent OtoeCentral Ry
1912 JAJ
i 8 1 * 82
H*M
Consol 6e ...1 9 3 2 MAN
B A M 3d la 7*.‘ 03-07 MAN
*74
Ert A Imp 5s.* ^33MA8
(
T e rm T 3 * ».. 1947 , i u ”
Cha^ City R y lst Ss ’ 33JAJ 1 0 7*
I 90
93
1*1 '-« •
SO ; MDn
CharlCAA oxL5i-i.'iOJAJ 1 9 *
72
3d M 5a. .....1 9 3 9 JAJ J 68
n«
UTH
Cheaap Gas 6s .1900 J AD 194
BnrAMo Rlr nx‘ pi0a-JAJ l i s t
__, t City Ann h 1st 5s. 1932.J AD 1 1 7*
% * "#>< i Won-exempt 6a.'19 JAJ J105
Co IAOrn r l stA 6 . 19 17J AJ 119
P la in 4 a ...........1 9 1 0 JA J 1100
Consol Gas 6* .1910 JAD 117*
i i 0 3 * 100
14*
5 s .................. 1930 JAD 118
108
J101
190
O* AAial stpf5« 1945AAO 1 0 5*
Gfc Bor A Q 4a 1932 FAA |100
GaCarANlstS* g. 1939JAJ 103
Iowa Die 4a. 1919 A AO 1101
»M
GeorglaP I #x5-6* 1932JAJ
no
C h lM o J o a e Sa.1915 JAJ J tl4
-H
GaSoAFIe 1st 5«. 1945JAJ 109*
94
11
ilM ChAW o M r o S e /8 1 MAN i 93
9 9 * K nor vTrao 1st5s ’ 28 AAO 1 0 4*
a
CW A W M sen 5a ’31 J All I 99
m
94
39
J>ake R K- lst«o5«'49M A0 116
31
Con. Of Varrn't S*.’ 13 JAJ » 93
M «8t< W ash) 1st 5s’ 25FA
70
29
Carr’t Hiv l i t 5a.’37 AAO
30
90
New Orl Gas l i t 5 s... V*r 100
DO R A W l i t 4a.’ 46 A An | i s
i*
rJotttloCoeJ tatfla’ ISMAS i n
n t M Norfolk 8t »st 5s ‘ 4 4 .JAJ 10 8 *
Nort b Cent 4 * s . IW25 A AO
Kaat’ n l at M 0a s ’06 MAS 2110
0s 19 0 0 ................. A AO
170** 175* *: P i BlkAM V l i t Or’33 end |137
01 gold 1900
JAJ 1 0 4 *
Unat’ p’d 1 it « a .’8-3 A AO »I87
SM
100
fit 1904. .......... ...JA J
t lv . “ M m in steel * m r 5*.’ i o JA i 4105
s.M 8*iM
Series A 5s 1936„ JA-J 131
Dehentore Sa. 1918 A A‘ > (1 0 1 *
37
70
Banes B 5s 1926.. .JAJ
37M. K C C A 0 tat Sag.'35 A AO
Ohio AM 1it78D 1905 MAN lii.M
34
K C Ft SAG 1at 7 a f08 JAM
P itt Un Trac 5«. 1997 JAJ
99
11^* 119 U K C F BAMoon 0«. 'W MAN j
PotomVal 1st 5a. 1941 JAJ ioT ’
92
20 t ......... K C M A B l i t 4a..’ 34 MAN 5 n
8ecA vTu { P*til 15s'34J A D 110
42
Income 5e. .
ISM
Qnr Fla A West Ss’ JIAAO u i
K CA M R f A B 5«. 39 A AO #100
J.
K C 8 t J o A C B 7 a . 07 JAJ i i i o
. . . . . Heab A Roaii A* 1920 J Al n o *
"TM
90
I' 4 i le n n 'n St're 8 9s. *09 MAS
0 o l . e 1 By A E e o \n* ome.
116 117 H L BockM r S Ut- 7«. ’0 5 J A 1107 i o T
Virg Mid \9%6s. 1900 M&0 111
138 139 r h BA St L la t 0 « « .’20 A AO *110
2d fferles 6s 1911 MA8 119
10*;
.
3d sene# 6s. .1916 MA8 110
2d M 5-6 S....1936 A A o } .......
4th *er 3-4-5*. 1921 MAS 106
Mar H A Oni0a... *5 AAO I U 5
onea 5s. 1980 ,MAB 1I0M
Max Cent t« «..I9 1 1 JAJ ! 7JM 7 3 *
54
5$
lst con Iso 3s g non-cnm
53 ,
31
JIM Va (State) 3« new.’ 33JAJ
300 . . . . . .
Fund debt9-3s. 1991 JAJ
13
85
3d con Inc 3s oon-enro..
11
VaA Tenn 2d 5s. 1900 JAJ 100
New Kna Tele 6#.*99 A AO # io o
84
t art#* j %;r 1 5 ^
0s , . . . .
...1 * 0 7 4 AO i ...*
S# f 87 !

I n a c t i v e b t u u k ^ b id . I
RAJ I/BOA Dtt.—Prices i f a y 20

Baltic Mining.. “

16* I

41*
74*
40*

S49 340*
150 !5*M
117 I17n
865 305
91* 83
3 30
siM »IM
61* 64
36* 57
...... *
¥ *" V i”
00* 61*
40
40
MM MH
t»3 16*
143 145
4 4* 44
**M KM.

Aah Bed Mm *.
AUa o Uc Min’s.

184

98

75* 75*.
4 !* 43 .

76

12
M fl
3*K 8 8 ,
93

99

and

1034 n o

129* 131* 129*
1504
1504 151
130
•123 131

309

034 * 3 4

110 4

D a ily

ACTIVE STOCKS.
Friday,

May 26.

• ......380

1 3 * 14
•92 . . . . . .

209

fit*

4 m 2 4234
1 8 * 19 *
3334

5tf H
110 4

359

484 48*
7 7 * J •76* 77

's o * 's o n
♦77 *

45*

Wednesday Thursday,
May ‘2 1.
May 25

E xch an ges— A

>017

Ask."
119
114
97
15

260
110 *
840
191
149*
154*
131
131*
37*
48*
01*
122
38
95*
70
30
j7 *
95
55*
81*
212
40*
70
99
12*
34
IS *
50*
84
44*
38*
45
95*

May
May
Apr.
May
Feb.
May
May
Feb.
Mar.
Mar.
Jan.
Mar.
Feb.
Jan.
Jan.
Mar.
Apr.
Feb.
Feb.
Jan.
May
Jan.
Jan.
Mar.
Jan.
Mar.
Mar.
Feb.
Jan.
Apr.
Feb.
Feb.
Apr.

1
1
27
8
18
18
10
IS
38
29
13
28
1
23
27
9
27
6
15
20
17
28
28
9
24
23
83
21
23
26
21
21
29

380
130
122
398
108
895
*4 *
71*
63
194
193
l 0

Feb.
6ar.
Mar.
Apr.
Apr.
Feb.
Mar.
Mar.
Apr.
Apr.
Apr.
Feb.
Apr.
May
Mar.
Apr.
Feb.
Apr.
Apr.
Apr.
Mar.
Apr.
Feb.
Feb.
Apr.

14
20
20
25
28
21
22
18
3
5
38
14
8
23
29
6
38
85
6
0
80
8
18
24
5

l ‘C

BONDS

Bid. A s k .

B a 111 in o r e —i-e u c i u a

Wait N C con 6s. 1914 J A
WsstVaCAPlstdg/llJA
WU A Weld 5«.. 1935 JA

B en d s— Phllndelphli>
Atl Ctty Ut 5sg..'19 MAN
Balls Ter 1st 5s. 1 9 40 J a D
106
B Bare Gas lst5*.‘8»MA
U * * j Cambria Iron 0S.1917JAJ
CeUwiaaa M 7a 1900 FA/*
ChesAD Can Utfls,* 10 J A
Choc Okla A O prior Men «■
General 5 s....1919 JA
CitVSt Ry(lud )oon 5».’3
Oolnm Bt Ry 1st eon 5a'8 Con Tran of NJ 1st 5s..*3
DelABBk lst7s.’05 FA
185
KastAA li t M 5a*20 MA*1
*
11 5 * Edison Elec 5* *tk tr ctf»
ElecA Peop’s Tr stk tr otf •
BlmAWUm 1st 6a.*l0 JA
Income 5s.. . .8 8 0 2 AA*
HPq 111 Gas-L lstg5«.192>
Hestons M A F oon 5a.’g*
HA B Top con 5s.'25 A *♦Internal Na 0s......190>
K C8Ub B I it fia..'20 JAI
*'
K C P A G l * t 5s..‘23>A
AALehigh N a s i* # ..’ !4
RR is ........... 1914
Consol 7S.....1B11I JAD
Gen 51 4** g. .1824 Q~i
Leb V C l lit 5a g.’S S /A
Igjh Valext 4a.. 1948 JAD
2d 7s.........1 9 1 0 MA
Consol 6 a .,. ,1988 JAD
Anmitls 6*__ .....JAI*
105
New'k Con Gas 5a ’ 48 JAD
Newark Paaa con 5a, 193
No Penn lit 4s..’36 MAN
G«u M 7 s ...,,. 1903 J A '
Penn gen 0a r...l910 Vai
Consol 0a o ..., 1905 Va*
Consol 5a r.. .1919 Vai
109* Pa AN YCan 7a..*06 JAI>
1 0 5*
Cona 5a...... 1939 AA*
117
Cons in...... ,1039 AA«>
10

A

r

109*

77M
.,
121
....
....

....

ua

154
53*
83*
175
55
60*
1*
sm
05

U 2*
109* 1 0 8 *
108 103
10$
105*
106*
105
1U *
I 13
119
»1 0 *
115*
9 *
125
109
no*
l 0
100*
99 101
05
07
11 4 *
107

110
180
118
118
108

99

117
116* 117
ISO
i 18
126
121
107
92

P en n S teel la t 5 s .’ 1 7 M AN
P e o p le * T r ti serte 4s.’ 43 U 9 *
P erk lo m !s t s e r 5 a - 't 8 Q-J
P h iia E le c goid tr u s t c tf* i oo
P b A R r g en M 5g.'2 0 A At* 120
G en M 4* g .19 2 0 A A U 100
P h A R ead 2d 6a. *33 A A J 126
C onsol M 7 S . . 1 9 U J A O 184*
C on M 0» g .. . 1 0 1 1 J A J
E x t Im p M ia g . '4 7 a A J 1 0 4 *
C on M o f ’82 4a.’ 87 J a
T erm in a l 5a g. 10 4 1 Q-F 130*
.... 110M
P W1I A B a lt 4s. 1 9 1 7 AA< >
C o lletrtr u s t 4 k 19 21 JA J Ill
P itts C A S t L 7ft. 1900 F A A D J 0 *
87* 89
R ead
gen 4a, 1907 J A I
R o c h e ste r R y c o n 5 s -19 3 o 108
S c h R E S ld e I atCa g ' 85.1 A D HIM
;;;;;
S cran T r e e 1 at 6» ’ 88M AN
U nion T e r r a ’ l 1 s t 5s, F A A
<••*1
U n ited N J 4 a .. 1944 M A S 120“
U n T ra c P ltte g e n 5 s ’07J a i 114
H4M
t$l 50 paid.
lA n d Interest.,

•Price Includes overdue ooupn ns.

[Vol. LXVII1.

THE CHRONICLE.

10’ ft

Roane.

In v e stm e n t
R a ilr o a d I n te llig e n c e .
EARNINGS.

The follow ing table shows the gross earnings of every
FTKAM railroad from whioh regular w eekly or m onthly returns
■an be obtained. The first tw o oolumns o f figures give the
gross earnings for the latest week or month, and the last tw o
aolumns the earnings for the period from January 1 to and
laoluding suoh latest week or month.
J h e r e tu r n s o f th e str ee t r a ilw a y s a r e b r o u g h t to g e th e r se p ­
a r a te ly o n a s u b s e q u e n t p a g e.

Latest Gross gamings.
Ho a d s .

W eekorito

1899.
8
16,291
32,826]
70,338

1898.
8
19,008
30 ,373
59,607

Jan. 1 to Latest Dais
1899.

18 9 8 .

S
5 1 ,6 2 2
64 5 .2 1 4
19 7,10 8

S
6 4 ,1 1 4
62 7 ,3 0 1
195,947

M a rch ....... I
2d wk M ay
M a rch ........|
Pao. J u n o.,
5 1 7 ,8 4 7
131,805n 109.961
A p r il.........
4 9 ,4 5 9 1 24 0,50 8
56,279!
A p r il........
2
2 5 ,5 9 2
5
2
.7
8
7
!
5
5
,5
0
5
A p r il.. ..
9 1 4 ,1 4 2
249,363 22 3 ,1 0 5
A pt 11.........
61
6,64 8
25,851
27,226]
3d w k May
32,801
1 4 ,17 9 1 1 1 .2J7
Ark. M idland.. M aroh.......
12
,7
8
5 ,1 0 6
A teh.T . Afl.Fe. A p r i l ......... 3 ,2 3 % 2 00,3 ,212 ,983
35 7 .2 2 6
Atlanta A Char F ebruary . 179 478] 143,975
11
3 ,9 8 7
3 0 ,008
~ 7 ,4‘ ~
2
2
A tl.K nox.A N o A p r i l .........
15 5,05 9
57,344
4 8 ,196
Atlanta A W. P M a rch ........
15
9.21
4
159,214
16 2 ,6 8 7
Atl.O’ stLlneS.C J a n u a ry ...
2 1 6 .3 2 4
1 1 ,117
16,634
A tlan. A D a n v . la tw k M a y
3
0
909
9,7 4 6
9 ,1 4 7
Austin A N'wes’ M arch___
Balt. A O h io... A p r i l ......... 2,3 70.1 18 2,4 5 4 788 8 ,8 5 9 .2 9 6
Bal. A 0 .8 o u ’ w 3d w k M ay 122,625 14 5,07 3 2 ,4 0 0 ,2 0 9
3.4 9 5
1,631
1,621
Bath 4 Hain'nd. F ebruary .
7 ,5 1 0
2,4 49
1,555
Btr. A Atlantic A p r i l . . . . . .
146,393
B r u n s w 'k & W e s t M aroh ........
4 8 ,4 e3
4 5 ,8 8 0
7 8 ,902
7 1 ,8 7 5 1 ,4 7 4 ,6 9 5
Bod. Booh. APltt 3d w k May
16 9.42
66 ,887
Bnffalo A Sana M a r o h ___
4 5 .7 3 0
7 7 ,904
Bnr.O. Rap. A N 2d w k M ay
78,511 1 ,5 59,6 14
9 ,4 99.6 21
5 2 9 ,0 0 5 1 1 .0 0 '
OanadlanPaolflo 3d wk M ay
O e n to l Georgia 3 d w k M a y
76 ,357
7 5 ,5 2 0 2 ,1 0 8 .5 7 3
6 1 ,342
4 9 ,709
Central N. E ... M aroh........
9 1 3 ,-1 5 4 ,3 5 0 ,1 4 0
Central o f
A p r i l ......... 1 ,1 4 2 .3 -4
Central Paolho M a rch ....... 1.296,462 1 ,1 3 7 ,6 6 3 .4 76.8 93
2 0 3 91 4
83 ,641
OharleefnASav M a roh .......
6 3 ,5 3 0
70 ,787
Chae’n A W.Car. J a n u a ry ...
70 .787
7 2 .0 9 8
Chattan’ga Bo. 2 d w k May
2 3 ,555
1,459
1 ,3 -6
Ches. A O hio.... 3d w k M ay 22 9 ,9 6 2 212,911 4 ,3 08,9 28
Ohio. B or A Q.. M a roh ........ 3.420,691 3 ,6 6 7 ,6 6 6 9 ,6 40,9 19
Ohio. A East.HI 3d w k May
88,10(1 1 ,7 53,0 84
9 3 ,0 0 0
Ohio. Gt. Weat'r 3 d w k M a y
9 9 ,964
9 7 ,604 2,2 02.0 67
Ohio. Ind. A L. 3d w k M a y
7 2 ,673
5 9 ,8 0 7 1 ,2 69,6 45
Chlo.MU.A Bt.P 3d w k M ay 66 7 ,0 9 6 63 0 ,9 9 6 13,583 .406
Ohio. A N’thw’n A p r il.......... 2,853.015 2,711.69 1 1 ,5 2 6 ,8 »6
Chlo.Peo ASt.L A p r l l .........
71 .691
27 9,41 0
7 2 ,211
Ohlo.R’ h 1. AP. M a rch ........ 1 ,6 63,8 30 1 ,6 4 7 ,6 .4 4,7 05,2 35
Chlo.St.P.M.AO M aroh........ 811,972 69 4,79 3 2 ,3 46.4 00
Ohlo.Ter.Tr.RR. 3d wk M ay
26 ,137
46 1,66 8
2 4 ,7 3 2
Ohlo.AW .M loh 2d w k M ay
3 9 ,3 0 9
3 2 ,609
7 4 4 .8 4 1
Ohoo.Ok.AGnlf 1st w kM ay
*19,286 *10,835
*533,501
01n.G.APorta’ tb A p r i l .........
5,300
4,9 6 6
19 ,230
01n.K.O. A T P A p r i l .........
364,470] 32 0,56 1 1 ,4 14,5 02
01n.Porte.AVlr A p r i l .........
25.906!
8 8 ,275
2 2 ,355
Clev. Ak. A Col. 3d wk May
3 4 1 ,8 0 ?
1 8 ,690
1 8 ,5 8 )
Clev.Can. A So.. 1th wk M ar
19,660
14,301
158,105
Ol.Cln.Ch.ABt.1 2d w k May 255.456] 26 0 ,7 3 4 4.890.894
Peo. A Eaat’n A p r i l ......... 14 3,35 7 157,847
579.135
Cl.Lor. 4 Wheel 3d w k M ay
2 9 ,325 '
630,729
27 .833
OoL M idland.... A p r i l .......
1 1 4 . 98
127,022
45 5,97 3
Colorado A So.. 2d w k May
65,400]
1 ,2 -5 ,8 9 7
Col. Sand'y A H 3 d w k M ay
18,857
15 ,364
287.199
OolnaaA Lake. M a roh .......
850
1,250
3.5 '0
M a r o h .....
1,213
1,4 93
3,309
M aroh.......
6 9 .428
7 0 ,110
183.177
3d w k M ay 17 3 ,5 0 b
148 800 3,3 67.0 50
d w k M ay
28,146;
i 35 ,094
3 3 ,039
D e t .4
M a roh ........
60.656|
55,454
161,061
2d wk M ay
46 ,902
7 0 5,59
4 0 ,581
A p ril
12 1,37
11 1,51 3
56 6,28 i
■rie..... .............. A p r i l......... 2 ,6 93, 3 0 2 ,6 04,5 44 1 0 ,1 6 4 , 68
M a r o h .....
4.6471 ’ 4.8 44
12.69 '
' 3d wk M at
6 095
5,8 11
120.900
3d w k M ay
2 6 ,0 9 4
2 5 ,6 6 0
4 6 6 ,-8 5
F ebruary.
7 ,5 6 8
5.6 8 5
15,451
3d wk M ay
5 3 ,4 0 8
49 ,678 1 ,2 39,7 26
2d w k M ay
5 3 ,3 7 2 6 1,7 7 0
990,251
2d w k M a y
2 6 ,7 3 0 2 4 ,8 0 7
513.135
3d w k M a y
6 ,4 2 1
5,'.91|
181.200
A p r il.........
685
64 ll
2 .5 -2
3d w kM ay
2 5 ,4 2 0 2 3 ,885
63 1 ,7 3 3
a
A p r il.........
8 0 .2 1 4
8 2 .766
38 5 ,0 5 6
A p r i l.........
7 4 ,3 8 1
6 8 .429
2 9 7 ,1 3 0
3d w k M a y
3 9 80 1 3 4 ,836
86 8,67 7
,3 d w kM ay
9 ,0 0 9
7,9 5 4
17 8 ,2 8 0
3d w k M ay
86 3
74 (
17 .683
M ub.G . R. 4 1 . 3d wk u a y i
2 .7 2 8
2.2 9 6
4 1 ,582
3 d w k M ay
5 2 ,4 0 1 4 5 ,8 2 7 1 ,1 0 6 ,2 2 2
8yat'm 3d w k M a y ]
4 6 9 ,2 3 8 4 4 9 ,4 8 3 9 ,2 61,8 73
l i s t w kM ay |
6 3 ,0 6 1 6 ,699 1 ,4 24,2 68
w kM ay
1 8 ,9 5 1
1 5 ,218
2 9 3 ,7 9 6
A d ir o n d a c k ...,

Ala. Gt. South
Ala. Midland..
A la N. O. A Tex
N Orl. A N. E
A la A Vlokab
VIeks.8h.AP
Allegheny Val.
Ann Arbor.......

d. J..

Oryetal...............
OnmbTd Valley
Denv. A Rio Gr
Det.G.Rap. AW
Maoklnai
Dnlnch S.S.AAti
BglnJol.AEast.
Jtureka Springs
Evans. Alnd’plh
Bvanav. A T. H
Find. Ft-W.AW
Flint A P. Marq
Fla.Cent. A Pen.
Ft,W’thADen.C
Ft. W. A Rio Gr
Gada. A Att. U
Georgia RB.......
Georgia A la..
Geo. So. A Fla.
Gr. Bap. A Ind
OlmRAFtW
Traverse city.
Tot allUnea.
Gr.Trink
Ohio. AGr.Tr.
Det-Gr.H.AM.|lst
Great
North’n—I
St. P. M. A M. A p r i l ......... 11,4 81,5 131 ,416 ,149
Eastof Minn.'A p r i l ......... 16 5 ,3 2 3 12 0,55 3
Montana Cent A p r i l......... 1 0 8 ,2 0 2 18 4 ,7 3 7
Tot-system lA p r l l ......... 1 ,7 5 5 ,0 381 ,721 ,439
G’lfB’mntAKO |2d w k M ay
--------5-------,6 3 9
3,6 0 6

G u lf A C h to a g o .lA p ril
4 .5 1 5
4.4 3 9
H ook in g V alley. A p ril.........
2 2 9 ,3 9 1 19 1,90 3
HoOa.Tun.AW iL D ecem b er.
3, >o
4,1 3 7
H ou s.A T ex.O en M aroh ........ 3 0 0 .9 0 6 24 6,33 5
Illin o is C entral I A p r i l......... (2 1-.7 977 12119390
ln d .D e o .A W e s t J a n u a r y ...
3 9 ,551
3 5 ,1 0
I n d .O L A Io w a . M a rch ........
9 3 .0 8 9
78,9351
I m A O m o r t h 'n . 3d wk M ay
6 1 ,7 9 0
59,8501
H n teroo. (M ex.) W k May 6.
8 4 .9 0 0
5 6 ,3 0 0
I o w a C entral.
3 d wk May
8 4 ,7 6 9
42,005]
Iro n R a ilw a y .
A p r il.........
4,5 32
4 ,0 5 8 '

4 7 7 .7 1 6
24 3 .5 8 1
24 3 ,2 8 8
83 2 55 0
58 7 ,7 6 3
3 5 ,1 7 0
1 2 ,4 9 8 ,3 6 7
27 8 .3 8 2
10 5,44 6
15 3 ,9 9
16 2,68 7
2 0 1 .9 9 7
33 ,143
8 ,7 73,4 63
2,657,* 0 6
3 454
9 311
143.582
1 ,3 78,4 72
12 2,53 0
1 .4 3 9 ,1 1 3
8 ,7 2 3 ,9 1 0
1 ,9 8 9 ,0 7 2
3 .7 3 8 ,4 4 8
3 ,2 5 1 ,6 1 2
21 3,25 6
72, 98
24 ,5 -'6
4 .4 2 2 ,1 9 6
9 .8 51,8 38
1,5 97,0 89
1 ,9 8 2 , m46
1 ,1 65,8 97
12,147 ,529
10,911 ,962
299.903
4,7 72,4 99
1,8 53,5 44
44 4 ,6 6 9
626,731
*495,863
17,418
1 ,3 13,6 51
81,0^4
3 1 7 ,1 5 0
153,362
5 ,0 3 8 .2 0 4
6 0 7 ,2 6 6
5 7 0 .1 4 7
52 1 ,4 5 0
278,9 »8
4,6 5 0
3 ,8 0 0
19 4.38 7
2 ,9 1 8 ,7 9 9
51 9 ,7 0 0
12 9,55 5
58 0 0 1 7
508,4 13
9 ,9 4 0 ,3 7 0
12 ,112
11 2,81 6
4 5 8 ,5 2 9
11,919
1,1 18,0 22
97 5,47 1
47 9 ,8 9 9
18 (,4 6 9
2,4 85
61 4,40 3
40 3 ,5 8 9
306.6-.5
76 6 ,7 6 2
166,416
15 ,371
4 4 ,1 1 4
99 2 ,6 6 3
8 ,9 1 3 ,0 8 0
1 ,3 04.2 89
3 0 4 ,4 6 4

5 ,2 80,2 91 4 ,9 1 0 ,5 7 5
69 8.90 0
4 2 1 .8 6 7
59 6,84 5
6 7 7 ,7 9 5
6 ,5 7 6 ,0 3 6 6 ,0 1 0 ,2 3 7
9 9 ,637
5 7 .218
1 7 ,694
1 8 ,670
8 8 4 ,2 7
8 0 8 ,9 0 6
5 4 ,507
5 4 ,689
92 3 ,2 6 1
8 4 4 .3 2 0
19,176,358 18,857,277
39 .551
3 5 .1 0 0
2 5 4 ,7 7 8
23 9,99 1
1 ,3 6 8 ,9 5 5 1 ,3 8 9 ,5 0 2
1 ,3 3 5 ,4 0 0 1 ,1 6 9 ,3 1 0
1 7 .3 7 4

1899.

S

AMD

RA ILRO AD

Latest Gross gam ings.
W eekorito

1 7 ,092

18 98.

Ja n. 1 to Latest Dats
18 9 9 .

18 9 8 .

S

*
3 4 .1 9 3
1 0 0 .1 0 9
3 3 .4 9 8
J a ck . T. A K . Vi M aroh
9 5 ,9 1 4
1
2
,1
9
5
1
0 ,-3 1
2 3 8 .2 1 1
K a n a w ’ a A Mloh 3 d w k M ay
2 0 3 ,9 5 7
7 5 .8 1 6 1 ,6 )9 ,9 1 3 1 ,7 6 5 ,4 2 5
K .O .F .S oottA M 2d w k M a y
7 2 ,2 9 7
26 96
5 6 .( 8 0 ,
2 4 ,6 0 8
K .O .M em .A B lr 2d w k M ay
5 7 7 ,4 9 6
2 3 .2 3 5
2 6 .3 6 3
9 7 .0 4 7
1 2 2 .5 2 9
K an. C. N. W .... A p r i l .........
3
.2
76
4
,9
6
4
K an. C ity A O m . 2d w k M ay
8 0 ,1 3 3
9 7 ,4 9 5
5 4 .0 0 4 1 ,4 0 2 .3 2 4 1 ,2 2 2 ,5 8 2
7 6 .3 0 7
K. O. Pitts. A G . 3 d w k M a y
9,7 97
8,7 86
2 0 9 .5 7 8
K a n .C .8 u b .B e lt 3 d w k M a y
17 3,62 4
6 5 .4 4 1 ,2 7 6 ,6 7 3 1 ,3 0 2 ,1 4 3
6 9 ,0 7 0
L . E rie A W est.. 3 d w k M a y
3 4 ,5 7 0
2 7 ,3 JO
L ehigh A H u d .. A p r i l ___
1 1 4 ,0 3 6
1 5 3 ,o 7 6
1 .5 4 2 ,1 1 9 1 ,4 0 5 ,8 9 9 4 ,2 9 9 ,5 1 1 4 ,1 7 1 ,4 4 3
L eh igh VaL R R . M a r o h ...
1 ,3 2 2 ,9 4 9
8 1 2 ,2 5 2 4 ,3 3 2 ,9 8 5 3 ,4 8 5 ,3 2 1
Leh. V . C oal C o . M a r o h ...
1 6 .922
1 9 .781
L e x ’ g to n A E a st M a r o h ...
5 0 ,4 9 8
4 6 .0 2 8
2 8 3 .9 0 9 1 ,0 1 5 ,8 9 8
3 0 6 ,9 2 3
L on g Isla n d R R A p ril
9 9 1 ,6 2 2
2 9 7 ,9 8 9 1 ,0 5 2 ,9 9 6 1 ,0 3 1 ,2 7 9
3 2 3 ,7 8 *
L o n g Is. System . A p ril
8 ,9 9 6
L ob A n g. T e r m .. A p r i l .
5 .5 7 0
3 0 .7 9 4
2 5 ,9 0 4
29.971
3 2 ,6 4 5
L o u ls.E v .A S t.L . 2d w k M ay
5 4 2 ,6 0 8
5 ) 3 ,8 3 7
1 1 ,868
8 ,9 9 4
L ou. H. A S t . L . . 3 d w k M ay
1 3 ,7 0 2
20- 0 2
4 7 2 ,3 4 0 4 3 7 ,4 3 5 8 ,9 2 9 ,6 1 3 8 ,4 '3 ,6 9 5
L oulsv.& N ashv. 3 d w k M s y
19 o i l
3 ,9 0 2
M acon A B ir m .. A p r i l ........
3 .3 1 3
19 596
M aulstlqn e
1 0 ,2 9 8
A p r i l .........
6.8 5 5
3 4 ,8 9 9
2 8 ,6 3 9
2 4 9 ,7 6 5 5 ,6 6 1 ,7 0 7 5 ,2 1 5 ,4 1 7
2 7 5 .0 1 6
I M e x lo a u C e n t . 3 d w k M ay
4 1 8 ,7 2 3
3 1 0 .9 1 6 1 ,1 6 6 ,9 3 1
M e x ica n Inter*!. M aroh ........
8 3 9 ,7 2 7
139.7.19
tM ex. N a tion a l 3 d w k M ay
1 0 9 ,3 7 1 2 ,6 2 6 ,6 2 0 2 ,3 2 0 ,7 9 4
M ex. N o rth e rn .. M a roh .......
4 6 ,6 1 9
7 3 ,621
1 2 8 ,6 4 2
2 2 2 33 6
8 7 .0 0 0
IM exloa n K’ w av Wk M a y 6.
7 4 .6 0 0 1,636,2(10 1 ,4 7 5 .0 0 0
1 4 ,9 1 0
M e x lo a n S o ........ 1 s t w k M a y
1 3 .019
2 4 ,3 1 3
27 6 ,9 1 2
4 2 ,1 1 6
4 7 ,8 5 0
M lnneap. A St.L. 3 d w k M ay
7 7 4 ,3 - 5
9 0 6 ,1 5 8
M.
8t.P .A1Sst
.S w
t.M
. ay
kM
7 9 ,6 8 7 1 ,2 0 6 .8 1 9 1 ,2 3 7 ,0 1 5
8 0 .5 6 7
M o. K a n . A T e x . 3 d w k M ay
1 6 4 ,1 8 3 4 ,0 3,907 4 ,0 5 6 ,6 6 8
1 7 3 .1 0 7
M o.P ao.A Iron M 3 d w k M ay
4 4 6 .0 0 0
4 2 1 .0 0 c 9 ,5 6 3 ,5 5 1 9 ,7 0 2 ,8 0 9
C en tral B r’ oh. 3 d w k M ay
2 6 ,0 0
2 0 .0 0 0
5 0 7 ,2 6 2
4 0 8 ,3 7 7
4 4 7 ,0 0 0 9 ,9 7 1 .9 2 8 1 0 ,2 1 0 ,0 7 1
T o ta l............. 3 d w k M ay
466.* 0
7 ,2 0 6
M o b ile A B lrm .. 2 d w k M a y
5 ,3 3 6
M obile A O h io .. A p r i l ........
3 1 8 .8 7 1 1 .5 9 2 .0 0 0 1 ,4 0 7 ,9 9 1
3 9 9 ,7 0 0
1 1 8 .7 6 4
9 8 ,5 5 6
M o n t.A M e x .G ’ f A p r i l ........
5 1 6 ,9 2 0
4 1 0 ,4 1 4
4 6 8 ,5 2 2
N a sh .C h .A 8 t.L . A p r i l ........
4 2 8 .8 6 5 1 ,9 0 6 ,9 6 > 1 ,7 8 7 ,3 9 5
1 ,5 5 0
N ev a d a C en tra l. M aroh ___
3 ,7 7 0
1 1 ,1 7 1
4,- 69
N.
Y . C . &AHp .rR
,
3 ,6 3 0 ,2 0 4 3 ,7 7 9 ,2 0 1 4 ,4 6 5 ,0 0 6 1 4 ,3 2 2 ,4 6 5
i l ,..........
N .Y . O nt. A W . . 3 d w k M a y
1 ,3
6 2 ,9 0 6 1 .6 .0 .
86 .171
26
5 2 4 ,6 5 2
1 8 0 .4 8 0
N. Y .S n s q .A W . A p r i l .........
7 4 8 .3 5 3
16 4 ,8 4 1
6 7 7 ,3 8 5
N o rfo lk A W est. 2 d w k M a y
2 4 7 ,2 4 8 4 ,2 7 5 .3 3 6 4 ,1 5 5 ,2 2 0
2 - 7 ,1 3 8
N orth’ n A la .R y . A p r i l .......
1 3 ,7 2 2
1 7 ,3 6 6
6 4 ,8 1 9
7 1 .5 6 5
N orth es’ n (G a .). F e b ru a ry
5 ,7 7 2
1 2 ,655
7 ,9 8 3
1 4 ,5 3 9
N orth ’n C entral M a r o h ____
5 1 5 ,5 1 0 1 ,5 1 0 0 2 5 1 ,5 3 1 ,-2 5
5 4 6 ,5 1 0
N orth’n P a cific. 2d w k M ay
458.5.65 4". 1 ,0 (2 8 ,1 0 5 .0 6 9 7 ,9 6 6 ,9 7 2
O hio R iv e r .......... 3 d w k M ay
21420
2 3 ,3 8 9
3 2 8 ,5 9 1
35 9 .2 9 1
O hio S o u th e r n .. J a n u a r y ...
6 2 ,3 2 3
6 2 ,3 2 3
7 5 ,v 5 8
7 5 .2 5 8
O re g .R R .A N a v 2 d w k M ay
1 4 0 ,O i l 2 ,1 7 7 ,5 4 3 2 ,4 0 3 ,0 6 5
1 2 7 ,0 8 0
O reg. Sh. L in e .. M a r ch ___
5 0 6 ,6 9 4 1,5 6.7 3 5 1 ,3 8 3 ,5 4 0
5 7 3 ,3 2 8
Pao. C oa st C o .. M a r ch ___
6 2 2 .7 0 7 1 .0 8 6 ,1 8 5 1 ,4 0 4 ,0 3 6
4 0 1 .2 6 9
P aolflo M all____ M aroh___
3 0 8 ,6 2 4
3 6 7 ,6 3 2
9 3 0 .4 9 1 .0 5 6 ,6 0 6
P ennsylvania^.. M a ro h ___ 5 ,8 2 ,93 2 5 ,4 3 8 ,3 3 2 1 5 ,7 0 1 ,9 3 7 1 5 ,3 5 6 ,9 3 7
P e o n a D e o .& E v 3 d w k M ay
1 3 ,697
1 4 .5 6 7
3 0 0 ,6 8 3
2 9 8 ,4 9 7
Phlla.
E r i e ... M a n h ........
3 3 7 ,4 7 3
7 9 0 ,5 1 9
860 819
2 8 3 ,8 7 3
Phila. A R e a d .. A p r i l ......... 1 ,8 4 5 ,2 6 7 1 .6 3 4 .6 1 9 7 ,0 9 0 ,2 2
6 ,5 8 2 ,8 6 1
C oa l A Ir. C o A p r i l ......... 1 ,4 7 1 ,3 4 4 1.5 45.0 01 7 . 6 3 . . 5 - 0 6 ,1 2 8 ,7 1 7
T o t. b o th Go’ s. A p r i l ......... 3 ,3 1 6 .6 1 1 3 .1 7 9 .6 2 0 1 4 ,7 2 7 .8 0 7 1 2 ,7 1 1 ,5 7 8
Phil. W llm . A B M a ro h ........
82 3.10 7
7 4 5 ,1 0 7 2 ,1 7 9 ,2 6 3 2 ,0 8 4 ,0 6 3
Pltts.O.O. A St.L . A p r i l ......... 1 ,2 9 8 ,0 9 1 1 ,2 6 8 ,3 1 5 5 ,3 0 5 ,1 3 0 5 ,1 0 6 ,0 7 7
P itts .L is b .A Wn A p r i l .........
1 5 ,3 6 5
3 ,3 7 7
3,2 18
1 4 ,0 8 3
P ltts.B e s.A L .E . 3d w k M a y
1 9 ,8 6 0
3 4 7 ,4 5 7
3 4 0 .5 ,3
3 0 ,9 9 8
Pitta. A W es’n . . 2d w k M ay
3 5 ,0 0 2
3 7 ,0 2 4
5 6 9 ,9 9 1
6 2 1 ,1 5 0
P itts.C a.A T ol. 2d w k May
3 1 2 ,9 2 4
2 2 ,o 7 1
1 6 ,1 9 1
3 6 7 ,0 4 8
P itts. P a. A F . 2d w k M ay
1 0 7 ,1 4 1
8.363
1 1 9 ,5 8 2
6 ,2 1 4
T o ta l sy ste m 2 d w k M a y
6 6 ,3 3 6 1 ,0 6 0 ,2 9 3 1 ,0 5 1 ,2 4 1
5 8 ,4 2 9
P lttsb .Y o . A A .. J a n u a r y ...
8 2 ,3 7 2
7 6 .6 7 b
8 2 ,3 7 2
7 6 ,6 7 6
R loli.F r’ k sb A P M a ro h ........
1 7 7 ,8 0 4
1 9 2 ,9 17
6 3 ,5 1 4
7 3 .1 8 0
R io G ra n d e Jot. F e b r u a r y .
4 6 ,3 9 0
4 3 ,7 3 0
2 1 .3 ) 5
1 8 ,4 6 8
R io G ra n d e S o’ n 3 d w k M ay
1 6 4 ,5 4 4
1 7 4 ,8 8 7
8 ,7 2 6
1 0 ,5 9 5
R io G ride W est. 3d w k M ay
6 4 .6 0 0 1 .1 9 6 .0 0 1 1 ,1 3 7 .5 0 0
6 9 ,3 0 0
Sag. Tueo. A H . A p r i l .........
3 3 ,8 7 6
3 6 ,7 2 9
9 ,2 8 1
10 30 3
8 t .J o s . A G r .l .. . 3d w a M ay
2 3 ,1 1 5
2 8 ,2 2 0
4 6 4 ,4 4 6
4 5 6 ,7 8 *
St. L.O hi. A 8t.P . A p ril
2 6 .3 7 4
2 4 ,5 3 2
1 1 0 ,1 0 1
1 0 4 ,0 4 8
S t.L .K en ’ e tA So A p r il.
2 5 ,4 .6
2 0 ,2 3 6
2 ,6 7 9
6,4 0 0
8 t.L .A 8 a n F ra n . 3dw
3 d w k M ay
1 3 2 ,4 8 2 2 ,6 9 1 ,9 4 8 2 ,5 7 2 ,6 2 8
1 4 1 ,2 9 7
St.L. S outhw est. 3 d w k M ay
6 8 .6 0 0 2 ,0 3 8 ,2 8 4 1 ,9 4 0 ,1 0 9
8 9 ,0 0 0
S t.P a u l
D a l.. A p r i l . . .
4 3 7 ,9 0 8
1 1 8 ,4 9 8
l i e , 35 6
4 8 2 .6 0 4
San. A n t.
A. P M a r o h ..
1 1 7 ,0 3 9
36 2 ,9 9 1
1 3 2 ,2 8 •
4 2 7 ,5 6 8
S a n F ra n .A N .P A p r i l ...
2 2 8 ,»4 2
2 4 4 .6 9 2
6 2 ,9 9 0
6 7 ,8 2 9
S. F e P r e s . A P h . 2d w k M ay
1 6 ,4 3 2
2 7 4 ,7 2 7
1 4 ,5 4 5
3 1 6 .1 8 5
S a v .F la . A W est. M aroh........
8 - 0 ,9 9 7
2 7 6 ,3 ) 3
3 5 0 .7 3 1
9 5 4 .4 0 0
Sher.8hrev.A 8o. 4 th w k A p r,
9 4 ,8 5 2
6 ,1 4 2
6.6 61
1 0 5 .6 9 3
S ll.S p rs.O . A G. M a r ch ..
4 4 ,2 5 5
1 7 ,0 7 6
2 6 ,0 3 4
7 3 . 67
S io u x C. & N or ................
7 8 .5 8 6
10 2,i 31
1 8 ,5 8 7
19 , *00
S o H a v e n A E. A p r i l ...
7 ,4 9 7
2 ,0 0 0
8 ,8 9 6
3,0 u 0
S o. P aolflo Co.
G a l.H a r.A S .A M aroh.
4 7 4 ,0 6 6 1 ,2 9 9 5 2 3 1 ,3 2 5 ,6 6 7
463 979
L ou ls’ a. W est M arch
r j 4 .3 i 2
3 1 3 ,7 1 5
1 0 .1 4 9
381 1 M org a n ’ sL A T M aroh
5 1 7 55
1 ,7 6 4 ,2 9 0 1 ,5 7 9 6 3 7
6 4 2 ,6 1 3
N .Y . T . A Men M aroh........
2 3 566
7 3 ,8 9 7
l o 716
5 6 .3 3 9
T e x . A N . O rl M a rch ........
396 336
13 7 .7 2 7
1 7 0 .7 8 2
4 '4 64o
A tL P r o p ’ tes.a M arch........ 1,451 885 1 ,2 7 9 .7 4 6 4 .0 4 3 ,3 1 3 3 ,7 6 6 ,4 9 6
So. P ao. o f Oai M aroh........ 1,206,747
3 ,3 8 8 ,4 4 7 2 ,9 1 3 ,7 3 3
9 7 5 ,3 1 3
8 o .P a c .o f A m M aroh........
8 5 ,0 - 8
3 l 9 601
9 1 6 ,7 3 0
3 o 2 .2 9 1
S o.F a o .o fN .M M a r c h ___
4 2 1 .3 7
15 2.70 6
17 0 ,8 3 3
4 7 6 ,9 9 5
P a o lflo system M aroh........ 3.234.U 40 3 .0 9 0 ,3 6 2 8 ,8 9 4 ,0 9 6 8 ,7 0 9 ,7 5 4
T ota l o f a ll.6 M aroh. . . . 4 ,' 8 5 ,925 4 ,3 70,i 0 - 1 3 ,0 1 1 ,2 5 4 1 2 . 7 6 .2 5 0
S o u th e rn B y .c ., 3 d w k M ay
4 8 8 .6 3
5 0 0 ,0 8 4
9 .3 8 3 .0 1 6 8 ,7 4 1 ,7 9 8
S tou yC l. A C .M t M a ro h ........
2.4 7 6
1,004
96-1
2,5 61
T e x a s C e n tra l. 2d w k May
1 0 1 ,7 0 0
4 319
4 ,2 0
100 674
T e x a s A P aoiflo 3 d w k M ay
1 1 6 56 7 2 ,9 8 4 ,1 8 9 2 ,9 1 1 ,1 9 7
12 8 ,2 7 0
T e x , 8 .V . A N .W . D eoem ber.
4 0 ,2 3 5
6 ,5 0
4 ,1 3 5
6,7 7 9
T oi. A O h io C ent 3 d w k M ay
3 3 ,1 5 3
6 4 9 ,1 1 1
6 5 9 ,1 9
3 ),8 i5
T o l. P . & W e s t.. 2 d w k M ay
1 4 ,217
3 3 s ,39 8
3 3 .47 6
1 8 .675
T o l. St. L . & K.C. 3 d w k M ay
7 4 4 ,3 1 4
3 3 ,7 6 *
3 7 ,0 7 6
6 9 9 .0 9 7
U n io n P ao. R R .. M aroh ........ 1 ,6 3 1 ,7 9 - 1 ,4 3 3 ,5 7
4 .3 1 2 . 29 4 0 3 8 .1 6 2
W a b a s h ....____ 3d w k M ay
2 6 ),1 2 7
2 5 2 ,4 6 7 5 3 2 4 ,8 5 9 4 ,9 3 2 4 2 4
W.J e rse y A S e a ’e M aroh ........
2 0 4 ,7 1 0
453. 64
4 7 9 56 1
1 7 6 ,4 1 0
W .V .C en .A P ltts A p r i l .........
11 1 6 5 7
3 7 7 ,7 7 0
1 0 3 ,1 7 0
3 8 726
W e stV a .A P itts. F eb ru a ry
17.511
5 2 .9 7 5
26 4 7 3 8 ,8 3 0
W estern o f A la . M a ro h ........
1 6 7 ,1 2 7
1 6 *,541
5 2 ,3 7 5
5 9 .1 4 4
W est. N .Y . A P a. 2d w k v ay
6 1 ,5 0 0
5 6 .0 0 1 .1 4 8 .0 1 6 1 ,0 2 7 ,7 0 5
W heel. A L . E rls 3 d w k Slay
3 2 ,811
5 3 4 ,2 7 6
5 7 6 ,3 4 9
2 7 ,9 5 0
If lso o n sln Cent. 3 d w k M ay
10 1 ,3 5 5
1 0 1 ,5 3
1 ,8 5 2 ,6 2 5 1 ,7 4 6 .6 7 8
W n g h tsv .A T en . |Mareh
1 3 .0 7 0
2 4 ,2 3 0
8 ,6 9 3
2 9 ,9 2 2
F ork S ou th ern 1M aroh
6 .4 ) 4
1 6 ,735
1 5 .8 2 2
7 ,4 4 0

A

A
A

a In o lu d e s ea rn in g s fr o m fe rrie s, e t c ., n o t g iv e n s e p a ra te ly .
6 In ­
clu d e s the P aolflo sy stem , the A tla »t,io p ro p e r tie s a u f th e H ou ston &
T e x a s C en tral system .
c A ft e r M a y 1 In c lu d e s S o u th C a ro lin a A
G e o rg ia f o r b o t h y ea rs.
* F g n ie s fr o m A p ril 1 are fo r th e ra ilro a d o n ly .
1 1n. lurt) B C hesa pea ke & O h io S o’ w estern. O h io V a lle y a n d C h ica g o
a n a T e > a s lo r b o th years. R esu lts on Y a z o o BraD ch e x o ln d e d in
1 8 9 9 b n t in clu d e d in 1 8 9 8 until J u ly 1.
t M e x lo a u cu rre n o y . 6 C o v ­
ers r e s u lts o f lin e s d ire ctly o p e ra te d e a st o f P iteb u rg.

May 27, 1899.]

Latest tiros* Buraia?* oy iTeeks.— Cue latest weoKly earn­
ings in the foregoing are separately summed up as follows :
For the third week of May our preliminary statement
covers 57 roads and shows 6 95 per cent increase in the aggre­
gate over the same week last year.
3d uftek o f May.
A nn A r b o r ...........................
B alt. A O h io S ou th w est.
B a d a lo R ocb * F Ittah's

18 99.

1898.

«
2 7 .226
1 8 2 .6 2 )

9^ .00 0
99 9 4
72 873
66 7.09 8
26 ,1^ 7
18..50C
2 9 325
18.857
17 3 50
6 ,6 9 5
2 6 ,094
5 « 4* 8
6 .4 * i
2 5 .4 2 0
39.801
9,0 0 9
* 63
2 ,7 2 r

*
5 5 ,3 5 1
14 5 ,0 7 3
7 1 ,875
5 1 1 .0 0 0
7 5 ,5 2 0
212,311
8 3 .1 0 0
9 7 .6 0 *
59, *07
630.991
2 4 .7 3 2
18 .6 ^ 0
2 7 .8 1 3
15 364
1 4 8 .3 0 0
5.0 11
25s* 6 0
44.678
5 .7 0 1 :
2 3 895
34.8361
7,954
741
2,2 90

46 9,23 8

4*9.4831

1 9 .755

6 1 .7 9 0
3 4 .7 6 9
12.19
7 5 ,3 0 7
9 .7 *7
69 0 7 0
118 8
4 7 2 <40
27\0 »
1 3 9.73 *
« 7 .* 5 0
1 7 3 .li/7
4 4 0 ,0 K>
20.000
8 6 17 i
23.3*f»

5 9 ,8 5 0
4 2 0 )5
10,5*7
5 4 ,0 0
8 ,7 r5
65*14
8,9 9 4
43^ 4 3 '
2 4 9 70*i
1 0 * ,3 7
42 15
164.1 >*3
4 2 1 .0 0
24.0* *0
6 2 ,9 0 '
2 1 .4 2 0
13 69 7
1 9 .-6 0
e,72<
64,6*X»
2 3 ,115
132,482
6 8 ,600
4 8*»,635
116567
34.1*35
3 7 ,0 7 0
252 467
2 7 ,9 ^ 0
1 0 1 ,5 3 0

1,9 40
-TVS
].« £ «
21 30 3
1.0 1 2
3,0*>e
2 /6 4
3 4 /0 5
2 5 251
30 ,30^
5, 35
9,9*44
2 5 00O

78. 0

5 'W
78 .357
O ilca n s Ra " IlU noiC hic G rea t W A *t*n a ,_.
OhJe*Tod!aF*U# A L oolev
Obt*ajrn W ilw . A St. P a a ’
C h ica g o T e rm 'l T ra o s
C ieve. A k '.ob A C olu m b .
CJlev. Lorain s W b ^ l'ir
OoL Saadaskry A H a ck '*,
D e a r e r A R io G ra n d e.
E r a n s v A In d ia n a p olis .
Ermnsv. A T e r r e H a u te
F lin t A Pere M arqu ette.
Ft. W orth A E lo G ra n d e
G e o rg ia . . . .
___
Grand R apids A In d ian a
C lo R ich. A Ft. W ayne
T ra re r s e C ity........... ...
Musk O r. Rap. A Lnd
G ran d T r u n k .............
i
C h ica g o A G r ’ d T ru n k \
D e t O r H a r A W llw. )
InternT A G t. N orth 'n ..
Io»*
eatra*.
K a n a w a a A M ic h ig a n ...
MJkix. CUy PUteb- A Gal*
K an C ity S ub. B elt . . . .
L a k e E rie A
L o u isv ille H a n d .,4 8 t .L .
L o o is v . A Nas *........ .........
M inneapolui A 8 (. Louie
M o. P a e ia c, tro Me. . .
Centra* B ra n d * ..............
* Y . O n tario A W e s te r
P e o n s 1a*c. A E v a n s v ..
Pitta Be*«. A L. Erie ..
R io G ran d e S ^ a th e r a ___
K io u ra n d e W e s te r n ___
St. J o se p h A U d. Islsnu
St. L ouis * Ban F r a n ....
i t . fytni* Kornh w N t«ri
Boaihena R iiliw a y ...........
T e x a s A P m i o s ............
T o le d o a O h io f Central..
T o L S t. L. A K an. City.
W abash. — . . . . . . . . . . .
W heeling A f-»k * E r ie ..
T o ta l >57 roads* . . .
l i t ttt*w****e «*95 p. e

229.U62

3 0 .9 9 *
l o 5».*>
6 9 .3 0 0
28 2 0
1 4 1 ,29r*
8 0 .0 0
5 0 0 ,0 8 4
1 2 * .2 7 *
3 3 153
3 3 .7 6 4
2 6 * 1*7
3 2 ,- H
104 355
0 ,3 * 6 ,8 3 5

5 ,9 3 4 ,2 1 8

Increase.

Decrease.

*
1 ,3 7 5

3
2 2 .4 4 8

7.0 2 7
1 8 ,0 0 0
83 7
1 7 ,051
4 ,9 * 0
2 /6 ■
12 ,8^ 6
3 6 .1 0 0
1 ,4 0 5
101
1 .4 9 2
3 .4 -3
2 4 .7 0
88*
43 4

oo

6*7
1.535
4.9 85
1,05 s
122

46£

7,2 3 6
...........

6 ,0 0 0
23 265
1,96"*
8 0
11 ,138
l.M I
4 700
5, 05
8 ,8 1 5
2 0 ,4 J
11 «4 9
1 1 ,7 1 *
u .h * 6
4,361
2 /1 .5
4 5 3 ,3 9 9
41 2 .6 1 7

1,6 82
3 ,3 1 2

___ ___
4 0 ,7 8 2
........ ...

For the second week of May onr final statement
covers 80 roads, and shows 3-53 per cent increase in the
aggregate over the same week last year.
2 d week o f Man.
P re v io u s ly r e p 'd 155 Fda
A ia fja a i* G t. d on tn ero
S ort, r e d Ran. .% N orth
C en tra l o f G e o r g ia .
..
C h ica g o A W M ich igan.
CBev
I s f^blc A d t L
D et O d. R ap A W estern
D a la th 8 o s o u r s * i l . .
F !»- c e n t . A P enm , ..
F t. W orth A D e n s e r C ity
Ft. W orth A Rdo tffa n d n .
G n if B«*»uro,t A K «n . 0 ,
lo v re U e otra i......... .........
K a n . City I*"!. 8. A Mem
K a n . 0 . Mem. A BJrrn...
Kan
OltY A O n ia b e
L o n ls r ille E v e n s .A 8t- L
L ou ies, fie n d . A Mt. L , .
M o b il* A B lrtn ln s h a m ...
B o rfo lk A WsM»r**rii.,..
N ortb n m Psnifle...........
Oreg. R R . A M s ? .............
P nteburK A V^eerriTn
S an ta Fc Pr. A Phcnnlx.
T e x a s C e n t r a l ..................
T o le d o P e o ria A W est'n ..
TotaJ •8 0 -oed st . . . . . .
N et lnoreaae <3 5 3 p.o.1...

1999.
«
6 ,1 7 3 ,0 3 6
3 2 .8 2 6
77.H01
7 » .4 > 3
3 9 .309
2 5 5 .4 5 0
2M 46
46 .9t 2
53 .372
20 730
8 .0 9 '
5 /3 8
34 J? 11
7 2 .2 9 7
24 eOS
3 .3 * 6
3 2 .8 *.
1 1 ,4 1 0
7.V06
287.1 *8
4 5 0 ,5 5 5
1 2 7 .0 *0
£8 -429
1 0 ,432
4 .3 9
14, *17
7 ,9 7 9 ,9 9 6

1896.

Increase.

•

•

5 ,9 1 2 .4 0 0
3 0 .373
78 5 I
70.971
3 7 .6 0 9
2 * 0 .7 3 4
33,03*1
4 0 .5 0 4
0 1 /7 0
2 4 .8 0
9.291
3 .6 0 6
33 . 55
7 5 .8 >6
26 . 87
4 .0 6 4
29 971
1 0 ,4 *9
A .33“J
2 4 7 .2 4 8
4 7 1 .1 2
14 .031
66^46
14 ,5 4

4,250

3 5 9 ,0 0 0
2 ,4 5 3
8 .4 * 2
«,•. 00
.,
6,318

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

9
9 8 .0 6 4
60 7
_______
, __
5.3 7 8
4 ,8 9 3

rr ■

8,3 9 8
1,913
1,201
2,0 33
l,U 5o

2 ,« ^ 4
96 >
1,870
3 9 ,8 9 0
., . ,
1,8 97
09

18 ,675
7 .7 0 8 ,0 0 0

Decrease

3 .5 1 9
V.3-S9
1.738
____
1 2 ,461
1 2 .801
7.9 0 7
4,4 5 8

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

1 6 3 ,8 4 0

—

Met Earnings ftonihtj to Latest Dates.—T h e table follow ­
ing shows the groee and net earnings o f S t e a m railroa< s
reported this week. A full detailed statement, including all
roads from which monthly retv m s oan be obtained, is g m n
once a month In these oolumn , and the latest statement o f
this kind will b e found In the C h r o n i c l e of May 2 0 ,
1899, The next will appear In the issue of June 24. Ib99.
Roads.

Kam\ngt.~~-»------- htt g a m in e1898
,.-----

Gro*J
1899.
•

,*'

137,855
580
3
Jnly 1
Apr, 30 . . . 1,500,433
A lle a h e n y Val e y .b .A o r .
249^63
Jan. 1 to Apr. 3 0 . . . .
914,742
Ann a rt>oT h . . . . . . . . Mar. 1 5 6 ,0 8 8
Jan. 1 to Mar. 3 1 ....
392,249
A la b a m a Q t .£ o t it b .a A p r .
Jan 1 to Apr. 3**s*a.

to

1019

THE CHRONICLE.

1898.

»
124,790
568,720
1,474.179
223,105
83 4,550
125,354
393,491

1899,
•

31.456
150.862
4 8 ','9 2
91,267
838.591
63,697
135,275

»
23.847
1*0,064
500.106
91.391
321,907
42 422
102,192

-—

Grots
Earnings
—% ,— Net Ranting*.— -*
1899.
1898.
1899.
1898,

$
9
$
$
3 ,2 3 5 .2 0 0 3,212,938 1 1 ,1 4 5 ,5 8 2
1799.434
J a n . 1 to A p r. 3 0 ___3 2 .7 8 5 ,1 0 6 1 2 ,4 9 3 .3 6 7 4 ,0 4 1 .2 4 8 2 .9 9 9 .0 4 7
J u ly 1 t o A p r. 3 0 ....3 3 ,8 7 2 ,7 3 3 3 2 ,9 2 4 .1 2 9 1 1 0 ,4 3 0 ,5 3 0 19 .2 2 6 ,4 3 6

Atoh.Top A8.Fe..b.Apr.

A u stin A N o r tw 'n .b .M a r .
J a n . 1 t o M ar. 3 1 . . . .
J n ly 1 t o M ar. 3 1 . . . .

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

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

d e f. 2 ,2 3 7
d e f 6 .5 3 1
1 7 ,7 8 5

flef. 3 ,0 3 1
d e f.4 ,0 6 2
2 1 ,6 3 0

Buff. R . A P it lb s .b ._ A p r .
3 4 9 ,9 8 9
J a n . 1 t o A p r. 3 0 . . . 1 .2 3 7 .0 3 9
J u ly 1 t o A p r. 3 0 . . . . 3 ,2 4 2 ,5 1 9

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

1 4 2 ,1 1 1
43 2 .9 S6
1 ,1 3 8 ,9 6 6

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

Cent, o f N. J e r s e y . a . A p r. 1 ,1 4 2 .3 8 4
J a n . 1 to A p r . 3 0 . . . . 4 ,3 5 0 ,1 4 0

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

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

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

C en tral P a c i f l e .b ....M a r . 1 ,2 9 6 .4 6 2 1 ,1 3 7 ,6 7 6
J a n . 1 t o M ar. 3 t . . . . 3 ,4 7 6 ,8 9 3 3 .2 5 1 .6 1 2
J n ly 1 t o ilar. 3 1 ....1 2 ,0 0 9 .4 8 6 1 1 ,6 0 9 .7 4 5

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

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

Ohio. & E ast. m . b . . . A p r .
3 3 7 .3 4 5
J a n . I t o A p r. 3 0 . . . . 1 .4 9 8 .9 6 1
J u ly 1 to A p r. 3 0 . . . . 3 ,8 6 2 ,9 4 8

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

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

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

1 2 0 ,5 0 4
C in-N .O .A T e x . P . a . A p r .
3 6 4 ,4 7 0
3 2 0 ,5 6 1
8 0 ,7 2 7
J a n . 1 to A p r. 3 0 . . . 1 ,4 1 4 ,5 0 2 1 ,3 1 3 .6 5 1
15 9.32 5
4 0 4 ,1 6 9
J u ly 1 t o A p r. 3 0 . . . 3 ,8 8 5 .2 5 2 3 ,2 5 3 ,5 2 7 1 ,3 2 8 .9 8 2 1 ,0 5 7 ,3 3 5
6 1 2 .0 3 6
E r i e .a .......................... A p r. 2 .6 9 3 .8 3 0 2 .6 0 4 ,5 4 *
5 5 3 ,6 1 5
J a n . 1 to A p r. 3 0 . . . . 1 0 ,1 8 4 .9 8 8 9 .9 4 0 .3 7 0 1 ,9 1 7 ,8 6 2 1 ,9 3 1 .8 9 4
J u ly 1 t o A p r. 3 0 ....2 7 ,4 7 1 ,0 7 9 2 8 ,1 8 1 ,3 3 3 6,9* >8,983 7 ,0 4 7 .5 5 9
9 4 .4 3 4
*30 .1 1 7
S e o r g ia a
______ A p r .
1 1 «,6 < 9
*723
17 4 .4 1 1
J a n . 1 t o A p r. 3 0 ___
5 4 0 ,4 8 8
5 4 0 ,8 7 0
11 6 ,4 7 4
J u ly 1 t o A p r. 3 0 ___ 1 ,4 0 5 ,4 2 4 1 ,4 2 3 ,7 4 1
*4 4 4 ,1 3 1
*374,12 7
8 * . S outh. A F l a .a .. A p r.
6 8 .4 2 9
1 3 .4 0 8
1 5 ,3 4 5
7 4 ,3 8 1
J a n . 1 t o A p r. 3 0 . . . .
2 9 7 ,1 3 0
3 0 6 ,6 0 5
6 7 .6 5 0
9 3 ,1 5 5
2 1 0 ,7 4 9
J u ly 1 t o A p r. 3 0 ___
7 8 3 ,6 ->4
7 7 4 ,0 7 4
2 5 3 ,3 7 8
ODll A C h lo a g o ........A p r .
4 .5 1 5
4 ,4 3 9
1 ,9 1 3
1.6 7 7
1 7 ,0 9 4
1 8 .6 7 0
3 ,4 3 9
J a n . 1 to A p r. 3 0 ___
5 ,6 8 3
6 9 ,1 3 9
2 2 9 ,3 9 1
1 9 1 ,9 0 3
H o e k ir g V a l l e y . a . A p r . .
4 6 ,4 5 3
4 2 7 .1 6 0
4 6 0 ,6 1 4
1 3 9 ,6 4 7
M ar. 1 t o A p r. 3 0 . . . .
12 1 ,5 9 2
B o o st. A T e x . C ent. M ar
3 0 0 ,9 0 6
2 4 6 ,3 3 5
3 2 ,8 1 4
3 3 ,5 8 6
J a n . 1 to M ar. 3 1 . . . ,
8 4 4 ,3 2 0
1 7 1 ,-0 7
923,261
2 2 1 .6 3 0
J n ly 1 to M ar. 3 1 . . . . 3 ,5 9 0 ,7 9 4 3 ,0 0 1 ,6 2 4 1 ,4 8 3 ,0 0 5 1 ,1 1 5 ,9 2 6
1,6 t o
J a ck s o n Q as-L . O o ...A p r ,
1 ,9 2 6
J a n . 1 t o A p r 8 o ___
8,7 71
8 .6 4 0
3 .9 2 2
M ar. I to A p r. 3 0 ___
4 ,0 1 2
M ex ica n T e le p h o n e ..M a r .
1 1 ,0 6 8
1 2 ,255
5 ,0 1 5
3 ,5 8 5
Minn. A 8 t .L o u is ,a . A p r .
1 £ 3 ,7 7 9
5 4 ,7 9 7
1 8 8 ,9 4 7
4 6 .9 3 0
J a n . 1 t o A p r .3 0 ....
6 4 1 .2 2 5
28 1 ,8 0 8
7 7 2 ,7 7 1
2 4 0 ,7 9 3
J u ly 1 t o A p r.3 0 . . . 2 ,0 1 3 ,6 6 3 1 ,8 8 4 ,8 5 9
8 2 8 .7 4 7
7 6 3 ,5 8 8
N e v a d a C e n t r a l____M a r .
3 ,7 7 0
d e f.3 9 0
1.5 5 0
1 ,0 2 1
J a n . 1 to M ar 31 . .
1 1 ,1 7 1
4 ,6 6 9
d e f.8 4 7
3 ,8 4 6
3 ,3 0 6
J u ly 1 to M ar. 3 1 . . . .
2 2 ,2 0 3
3 4 /2 9
9 ,2 4 9
N, Y . 8ua. A W est.a.. Apr.
1 8 0,40 0
1 6 4 ,4 4 3
0 5 ,7 3 4
6 0 ,8 4 9
7 4 8 ,3 5 3
6 7 7,> 85
J a n . 1 t o A p r. 3 0 . . . .
3 0 5 ,7 0 8
2 6 7 .9 5 2
J u ly 1 t o A p r. 3 0 . . . . 2 ,0 0 5 .7 9 3 1 .9 3 5 ,5 5 1
9 4 0 ,0 0 5
8 3 9 ,8 6 2
O hio R l v e r . b . . . . „ . , M » r .
5 5 ,0 9 6
7 5 ,2 2 9
2 3 ,3 2 3
76
J a n . 1 to M ar. 31 . . .
19 0 .2 8 4
6 5 .7 8 6
2 1 5 ,0 9 7
3 2 ,2 1 4
Pactflo C oast C o s . M ar.
622 707
4 0 1 .2 6 9
1 1 3 ,5 0 9
1 0 7 /9 7
J a n 1 t o M a r. 3 1 . . . 1 .0 9 0 ,1 8 5 1 .4 0 4 ,0 3 6
2 3 8 .3 3 6
3 9 2 ,1 1 2
D eo. 1 to M ar. 3 1 . . . . 1 ,4 4 4 ,0 2 2 1 ,7 5 3 ,8 9 3
3 0 5 ,0 9 1
4 6 5 .3 8 4
P e o ria i> e o . A E v .b .M a r .
6 4 ,5 0 8
1 8 ,361
6 2 .3 2 6
1 0 .2 4 4
1 9 9 ,3 7 6
J a n . ) t o M ar. 3 1 . . .
1 9 2 .1 0 6
5 4 ,1 5 7
5 3 ,0 2 8
6 9 0 .1 2 3
P hlla. A R e a d in g , b, A p r , 1 .8 4 5 ,2 6 7 1 .6 3 4 ,6 1 9
6 2 3 .1 5 6
J a n . 1 to A p r 3 0 . . . 7 / 0 0 . 2 2 7 6.582.>-61 2 ,5 7 3 ,5 9 8 2 ,6 3 0 .6 8 8
J u ly 1 to A p r. 3 0 ...1 9 ,0 8 4 ,7 1 4 1 8 ,4 6 9 ,0 2 4 7 .6 2 8 ,7 2 6 8 .1 9 0 ,4 4 0
O oal A Iro n C lo .b .A p r . 1 ,4 7 1 ,3 4 4 1 .5 4 5 .0 0 1 d c f. 4 0 ,1 9 8 d e f 9 8 ,2 6 8
J a n . 1 to A p r. 3 0 . . . 7 ,6 3 7 .5 8 0 6“ ,1------------2 8 ,7 1 7
1 5 9 ,2 4 6 d f .20 1 ,4 5 8
J u ly 1 t o A p r. 3 0 ...1 9 ,9 5 8 .9 5 6 1 0 ,5 1 1 ,6 0 0
6 6 1 .9 8 2
6 1 6 ,6 6 *
T o ta l b o t h C o ’e .b .A p r . 3 ,3 1 6 0 1 1 3 ,1 7 9 ,6 2 0
6 * 9 .9 2 5
5 2 1 .8 8 8
J a n . 1 to A p r 3 0 ....1 4 ,7 x 7 ,8 0 7 1 2 .7 1 1 ,5 1 8 2 ,7 3 1 ,8 * 4 2 ,4 2 9 .2 3 0
J u ly 1 to A p r. 3 0 ....3 9 .0 4 3 .6 7 0 3 7 ,9 8 0 ,6 2 4 8 ,7 9 0 .7 0 8 8---------------,8 0 7 ,1 1 3
R ea d in g C o m p 'y b .A p r .
........
1 0 ,322
2 7 ,7 1 0
Ju ly 1 t o A p r. 3 0 ................................................ ...
1 5 3 ,7 8 3
2 8 7 ,4 6 3
6 6 0 ,2 4 7
T ota l all C o m p 's .b . A p r.
........
5 5 2 ,5 9 8
8 ,9 4 4 .4 9 1 9 .0 9 4 ,5 7 6
J u ly 1 to A p r. 3 0 ................. .............................. ..
2 8 4 ,8 1 1
P itts. O. C A 8 t - L .a .A p r . 1 .2 98.0 91 1 ,2 6 8 ,3 1 5
2 1 5 ,8 3 5
Jan. 1 t o A p r. 3 0 , . . . 5 ,3 0 3 .1 3 0 5 ,1 0 6 .0 7 7 1 ,3 0 6 .1 7 4 1 ,1 9 8 .4 2 6
San F r. A N . P a o .a A p r .
6 7 ,8 2 9
1 4 .2 2 4
6 2 ,9 9 0
14 6 2 7
J a n . 1 to A p r. 3 0 . . . .
2 4 4 ,6 - 2
56 -3 0 5
2 2 8 .0 4 2
I 3 .3 3 6
J u ly 1 to A p r. 3 0 . . . .
7 0 2 ,5 8 5
0 9 0 ,0 7 3
2 7 7 ,3 1 0
2 5 7 ,6 8 4
S ou th ern P a e iflo —
U a i.H a r.A Ha*-A b .M a r.
4 6 3 .9 7 9
4 7 4 .0 6 6
1 0 2 ,4 5 7
1 1 7 ,5 7 6
J a n . 1 to M ar. 31 . . . 1 /1 9 9 .5 2 3 l ,3 2 h « 6 7
25 2 ,2 1 1
3 8 2 ,8 5 8
J u ly 1 to M ar. 3 1 . . . . 4 ,1 4 7 .1 6 8 3 .6 o l ,9 0 7 1 ,1 6 9 .7 3 5 1 ,1 9 8 ,6 6 9
L o u isia n a W e s t - b .h la r.
1 3 4 .3 1 2
1 0 7 .1 4 9
5 8 ,9 8 4
5 1 ,7 6 5
J S " 1 t o M sr, 8 1 . . . .
3 3 1 ,l o 7 3 > 8 ,7 1 5
1 6 5 .8 4 7
1 4 8 .3 2 9
J u ly 1 to M ar. 3 1 . . . .
1 .0 1 8 .7 0 5 7 3 t ,4 1 2
4 6 2 ,3 1 0
3 2 9 ,4 7 9
M’ g a n 's L a .A T e r .b Mar.
6 4 2 .0 1 3
51 7 ,5 5 1
2 5 1 ,3 8 6
1 8 4 ,1 3 5
J a n . I to Mar. 3 1 . . . .
1 ,7 0 4 .2 9 0 1 ,5 -9 ,0 3 7
6 3 7 .6 0 8
5 3 4 ,3 * 0
J u ly I to .Mar, 3 1 . . .
6 ,1 6 9 ,8 3 3 4 ,2 4 9 ,5 6 3 1 , 9 7 0 / 6 0 1 ,2 5 4 ,6 1 7
S . Y . T e x . A M b ..M ar.
1 9 ,7 1 6
2 3 ,5 6 6
4 .7 1 0
9 ,1 5 3
J a n . 1 to M -r . 3 1 . . . .
5 6 .3 3 9
7 3 ,« 9 7
1 3 ,2 2 4
3 6 ,6 3 5
J u ly 1 t o Mar. 3 1 . . . .
2 4 1 .5 6 3 2 8 5 .9 6 5
1 0 8 ,9 2 0
1 5 8 ,2 6 9
T e x a s A N . Ori b . .M a r,
1 7 0 ,7 8 2
1 3 7 .7 2 7
8 9 .2 3 3
4 7 ,4 3 2
J a n . 1 to M ar. 3 1 . . . .
4 7 4 ,6 * 0
3 9 0 ,3 3 6 1 9 9 ,9 5 7
1 3 7 ,1 8 8
J u ly 1 to M ar. 31 . . . 1 ,3 9 0 .0 2 4
1 ,0 8 5 ,4 '6 0 1 6 ,7 4 9
4 0 7 ,3 7 5
A tla n tic P r V t 's .b .M a r , 1 ,4 5 1 ,8 8 5 1 .2 7 9 ,7 4 0
48 7 ,3 2 1
3 8 6 ,8 5 3
J a n . 1 to M ar. 3 1 . . . . 4 . 0 4 3 , 3 3 3 .7 6 6 .4 9 6 1 .2 0 6 ,4 2 8 1 , 4,6,104
J n ly 1 to M ar. 3 1 ....1 2 .2 7 3 ,2 5 9 1 0 ,2 7 3 ,3 * 2 4 ,3 8 5 ,7 3 4 3 ,3 9 7 ,7 0 8
Bo. P ao. o f C a l.b ...M a r . 1 .2 0 0 ,7 4 7
9 7 5 ,3 1 3
3 9 1 .7 5 7
4 1 5 ,2 6 8
J a n . 1 to M ar. 3 1 . . . . 3 ,3 8 8 .4 4 7 2 ,9 1 3 .7 3 3
9 6 1 ,3 2 6 1 ,1 1 3 .5 5 3
J u ly 1 to M ar. 3 1 . . . . 1 0 ," 8 3 ,4 a 6 1 0 ,5 1 0 ,2 3 6 3 ,0 7 8 ,9 7 1 4 ,7 2 7 ,7 4 9
•Jo. P a o .o t A r t s .b .M ar.
3 1 9 ,6 0 1
3 0 2 ,2 « 4
1 2 8 ,8 8 9
1 0 3 ,8 6 1
Jan. 1 to M ar. 3 1 . . . .
8 5 9 .0 3 8
9 1 8 ,7 3 0 3 3 5 .4 * 0
3 3 0 ,2 0 3
J u ly 1 t o M ar. 3 1 . . . . 2 ,3 0 3 .8 1 *
2 ,2 * 2 .2 7 5 8 1 0 ,3 7 1
8 3 7 ,5 9 8
8 o . P a c .o f N . M .b . M ar.
1 7 0 .8 3 3
1 5 2 /0 0
9 4 ,8 0 2
7 2 ,6 4 6
J a n 1 t o M ar. 3 1 . . .
4 7 6 .9 9 5
4 2 1 .3 1 7 2 5 1 .5 5 4
2 0 6 ,0 5 8
J u ly 1 to M ar. 3 1 . . . . 1 .2 2 4 ,2 8 2
1 ,0 6 0 ,9 4 9 6 1 0 ,0 1 5
5 2 9 ,3 1 3
P aeiflo S ystem b ...M a r . 3 ,2 3 4 .0 * 0 3 .0 9 0 ,3 6 2 1 .1 83.6 41 1 ,1 > 8 .2 1 9
J a n . 1 to M * r. 3 1 . . . . 8 .8 9 4 .6 9 0 8 ,7 0 9 .7 5 4 2 ,6 5 1 ,4 2 0 3 .1 3 9 ,3 1 9
J n ly 1 t o M ar. 3 1 ....2 B .7 3 J .1 2 1 2 8 .5 1 6 .1 1 9 1 0 .0 3 5 .6 8 J 1 2 .1 0 9 ,3 4 3
T ota l o f a U .b ......... M ar. 4 ,8 3 5 ,9 2 5 4 .3 7 0 .1 0 3 1 ,6 2 0 ,9 6 2 1 ,5 2 5 ,0 7 2
J a n , 1 to Mar. 3 1 ....1 3 .0 1 1 .2 5 4 12 4 7 0 .2 'O 3 ,9 2 3 ,5 0 5 4 3 8 5 ,4 2 3
J n ly 1 to M a r. 3 1 . . . 4 1 .4 5 3 ,0 4 3 3 9 .2 2 3 ,0 7 9 1 4 .5 8 8 .9 3 3 1 5 ,5 6 6 ,0 2 7
S on th ern R a llw 'y .a A p r. 1 ,8 0 «.5 2 4 1 .7 4 0 ,7 2 8
5 2 8 ,5 0 5
4 7 2 ,1 5 9
Jan. 1 to A p r. 3 0 . . . . 7 , 9 5 0 / 1 7 7 ,3 9 8 ,1 3 0 2 ,4 9 1 .6 8 7 2 ,3 0 2 .7 1 6
J u ly l t o A p r. 3 0 . 2 0 ,8 9 1 ,4 0 9 1 8 ,8 0 6 ,5 1 3 6 ,8 0 9 .8 0 2 6 ,0 6 5 ,4 4 0
Penn. L eal 1. A R R . A p r.
.......................... ..........
8 7 ,4 2 2
6 9 ,0 7 2
J a n . 1 to A p r. 3 0 .....................................................
3 0 5 ,8 1 1
2 9 7 ,5 5 4

THE CHRONICLE.

1020

,----- Net K a n .in j* —
- Gross jEarnings. 1898.
18 99
ititftf.
1898.
•
•«
s
2,7 03
2.1 5 5
T » x m Central a . , . M a r.
1 9 .205
19 .117
1 «,3 2 9
2 4 ,9 7 9
Jan. 1 to Mar. 31
75.22*2
7 3 .4 8 4
2 7 8 ,5 3 7
2 8 3 ,7 2 7
W a b a a n .b ..................A p r. 1 .1 3 9 ,0 2 5 1,1 10,0 41
J a n . 1 to A pr. 3 0 . . . . 4 .5 4 0 .0 8 4 4 .1 6 2 .1 4 8 1 ,0 7 7 ,9 3 8 1 ,1 1 5 .0 1 4
J u ly 1 to A p r. 3 0 . . . 1 1 .9 3 9 .1 8 5 10 ,9 7 5 ,6 2 2 3 ,0 6 2 ,7 6 8 3 ,3 4 3 ,4 2 4

Roads.

a N et earnin gs h ere g iv e n are a fte r d e d u ctin g ta x es.
It Net earning* here irlven are b e fo re d e d u ctin g t a r e s
* A fte r a llo w in g fo r oth e r lnoorae re ce iv e d , n e t fo r A p ril w as
$ 3 1 .0 *3 , a g a in st $ 2 439. and. from J u ly 1 t o A p iil 3 0 , 1 8 9 9 , w as
$ 5 0 5 ,1 1 9 . against $ 4 3 6 ,6 5 5 .
t For A p ril. 1899, ta x es an d rentals am ounted to $ 1 2 8 ,7 5 9 . a g a in st
$ 1 4 3,7 89, and from J u ly 1 to A p r. 3 0 $ 1 ,4 0 1 ,2 4 9 , again st $ 1 ,4 2 3 ,0 3 6 ,
after d ed u ctin g w h ich net fo r A p ril, 1899, was $ 1 ,0 1 6 ,8 2 3 , a gain st
$ 6 5 4 ,6 4 5 . From Ju ly 1 to A pr. 3 0 . 1899. net a fte r d e d u ctin g ta x e s
and rentals is $ 9 ,0 2 9 ,2 8 1 , a gain st $ 7 ,8 0 3 ,4 0 0 .

Interest Charges and Surplus.—The following roads, it
addition to their gross and net earnings given in the fore­
going, also report charges for interest, <xo., with the surpluf
or deficit above or below those oharges
.— Int., rentals, de .— » •B a l, o f Net E arns.
1899.
1898.
1899.
1898.
$
$
*5,902
*40 ,979
Chic. A E ast. I I I ... A p r.
124,395
127,424
*6 9 3 ,8 8 7
*425,08 7
J u ly 1 to Apr. 30 . . . 1,2 70,0 69 1,2 72,8 43
P hilad elp h ia At R e a d in g 75 3 ,6 6 2 d e f.8 9 ,7 5 3 d e f.2 0 1 ,0 6 4
A ll com p an ies.
A pr.
750,000
Jn ly I to A p r. 3«*
7 ,5 00,0 00 7 ,5 3 6 ,6 2 0 1 ,4 4 4 .4 9 1 1 .5 5 7 ,9 5 6
8 ,2 0 8 d ef.8 2 ,7 5 1
P itts. C. C A 81. L. A p r.
276,603
2 9 8 ,5 8 6
22 3 ,3 0 7
7 6 ,4 6 4
Jan. 1 to A pr. ? 0
1,082,867 1 ,1 2 1 ,9 6 2
San Fran. & No. Pae. A p r.
18 .908
19 ,004 d e f.4 ,6 3 4 d e f 4 .3 7 7
8 8 ,2 3 0
6 7 ,8 4 4
Jn ly 1 to A p r. 30 . . .
1 8 9 .0 3 0
1 9 0 .0 4 0
T enn. Coal I A R R . Apr.
4 6 ,563
4 7 ,479
4 0 .8 5 9
2 1 .5 9 3
Jan. 1 to A pr. 3 0 . . . .
18 6,25 2
18 9 .9 1 6
11 9 .5 5 9
10 7 ,6 3 8

Roads.

[V ol . LXVIII.

street Railway Net Earnings.—The following table give s
the returns of S t r e e t railway gross and net earnings received
this week. In reporting these net earnings for the street rail­
ways, we adopt the same plan as that for the steam roads—
that is, we print each week all the returns received that
week, but once a month (on the third or the fourth Saturday
we bring together all the roads furnishing returns, and the
latest statement o f this kind will be found in the C h r o n i c l h
of May 20, 1899. The next will appear In the Issue of
June 24, 1899.
1899.
1898.
1899.
1898.
$
Roads.
$
*
$
2 0 ,9 7 3
H a rrisbu rg T ra o t'n .. A p r.
1 8 ,6 4 3
8 ,6 6 4
9 ,4 1 8
8 0 .6 4 0
J a n . 1 t o A p r. 3 0 . . .
7 2 ,9 1 5
3 7 .9 3 9
3 5 ,9 1 0
2 6 3 ,3 3 5
J u ly 1 t o A p r. 3 0 ___
1 9 9 ,2 0 8
1 4 5 ,8 7 2
9 3 ,9 8 1
H e rk im e r M o h a w k lilo u .
3 ,7 2 0
& F rank. E l.B y .A p r .
3 ,5 7 1
1 ,9 3 0
1 .9 4 4
J a n . 1 to A p r. 3 0 ___
1 3 ,7 8 7
1 3 ,212
6 ,6 5 5
6 ,2 1 3
M e tro p o lita n St. R y .—
J a n . 1 to M ar, 3 1 ___ 2 ,8 4 9 ,9 0 4
2 ,4 2 3 ,2 5 4 1 ,4 0 2 ,2 6 7 1 ,0 8 8 ,3 0 2
N ew O rleans C ity .. A o r .
1 0 3 ,1 2 2
1 0 9 ,0 6 5
4 5 ,1 3 0
4 4 .7 1 3
Jan. 1 t o A p r. 3 0 . . . .
4 3 7 ,7 8 8
4 4 1 ,4 4 0
1 8 4 ,6 9 0
1 8 6 ,4 1 9
R o x b ’g h Ch. H i l l * N . A p r .
8 ,1 4 2
8 ,1 1 1
2 ,4 7 6
3 ,4 6 3
Jan. 1 to A p r. 3 0 ___
2 6 ,1 2 6
2 5 ,2 5 9
4 ,8 9 1
6 ,0 2 9
U nited T ra c. (P itta.) A p r.
1 3 1 ,7 4 2
1 2 0 ,4 5 3
7 2 ,4 5 4
6 0 ,1 8 7

Interest Charges and Surplus.—The following Street
ailways, in addition to their gross and net earnings given in
chs foregoing, also report charges for interest, &o., with the
surplus or defioit above or below those oharges.
—

• A fte r a llow in g fo r o th e r in com e r eoeiv ed .

STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings tor the latest
period of alPsTBEET railways from which we are able to ob­
tain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads—that is, 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 calendar year from January 1 to and including such
latest week or month.
S T R E E T R A IL W A Y S A N D T R A C T IO N

C O M PA N IE S .

Latest Gross Earnings.
E a r n in g s .
k k ro n B ed f’ d & Olev.
A lban y R a ilw a y ........
Am sterdam St. R y .
Bay Cities C o n s o l...
Bingham ton St. R y ..
B rid gep ort T ra ction .
B rockton C on. St. R y.
B r'klyn R ap. Tr. C o.—
B rooklyn H eig h ts..
B ro ok ly n E l e v .t ..,.
N assau E l e c t r i c . ...
Gin. A M iam i V a l..
C l t o ’ ns’ lM ’ n oie.In d.)
City E lec. (R om e.G a.)
C leveland E le o trlo ..
Oleve. P alnsv. A E .
Colum bus a t. R y. (0 .)
D etroit C itru s' ot. R y
D etroit E leo. R y .......
D e tro it P*t. W ayne &

Week orJlo
A p ril.........
A p r i l .........
F ebru ary.
A p ril.........
A p ril..........
A p r i l .........
M a rch ........

J a n .l to Latest Dote
1899.

7*428
5 8 ,110
4,0 6 0
4,8 74
1 1 .8 ’ 8
27 ,207
2 8 ,166

8
6,3 77
4 9 ,6 2 5
3,6 45
6.4 4 6
1 1 ,234
2 5 ,901
2 6 .730

A p r il,...
508,644 47 0,63 1
A p r i l ......... 180,97 12 0,92 5
A p r i l ......... 174,711 166,797
86 4,33 2 75 8 ,3 5 3
M arch .......
9,7 06
7,2 11
M a rch ........
6,4 24
5,5 45
M a rch .......
1,569
1.642
A p ril.......... 150,373 138,035
A p ril.........
8,5 3 3
7,028
A p ril......... 57 ,534 52 ,923
3 d w kM ay 23 ,778 21,671
3d w kM ay
7,8 66
7,1 2 0

3d w kM ay
3.771
3,4 17
Dal nth S t R y ........... A p r il.........
16 .736 14,811
E rie E le c tr ic M otor.. M arch ........
9,822 10,081
G alveston C ity K y ... F eb ru a ry . 15,920
H a rrisbu rg T ra ction A p r i l ......... 2 0 ,973 1 8 ,643
H erkim er M ohaw k 11
Ion A F’ k fort El. R y. A p r il.........
3 ,7 2 0
3.5 71
H ou ston E lec. 8 t. R y . M a rch .......
16,479
7,4 7 i
Intersta te Consol, o f '
North A t t le b o r o ... A p r il.........
11,997 1 0 3 8 1
Klngstc n City R y ___ A p ril.........
4 ,0 5 0
3,855
Lehigh T ra ctio n ......... A p r il.........
7,9 39
6,936
L im a R ailw ay (Ohio) A p ril.........
3 ,4 2 0
2,7 13
L ondon 8 t. R y.(0a n .) A p ril.........
7.7 70
7,5 79
Lorain St. R a ilw a y .. Ja n u a ry...
6 ,7 6 0
3,961
I/Orain A C le v e ......... . A p r il.........
7,0 44
4.8 18
L os A n geles T r a c t ... J a n u a ry ... 12 ,943
7 ,8 2 7
L ow ell Law A f l a v . , M
______
arch H
34,04l| 3 1 .943
M llw . E le c R y . A Lt. M arch .'....’ 15 8 ,1 3 2 13 8,07 8
M ontreal Street K y .. A p ril
13 0,40 6 110 819
M uscatine St. R y ....... A
* p ril.........
4,3 6 6
4,2 49
N ash ville 8t. R y ......... F eb ru a ry . 2 4 .742
N ew bu rg St. R y ......... A p r il.........
5 986
5 505
New L ond on 8 t. R y .. A p ril.........
3,027
3,0 29
New O rleans C ity ___ A p r il......... 10 8,12 2 109.065
North Chic. 8 t. R y .. F eb ru a ry . 203,18h 20 5 ,4 3 5
North Shore Traction F ebru ary . 8 6 .4 4 4 83,857
O gdenaburg 8 t. R y ... A p r i l .........
1,469
1,314
P aterson R y ___
A p r il......... 3 2 ,6 1 6 28.141
R ich m on d T ra ctio n ., M a rch ........ 11 .445
9,778
h o i b ’h C h.H .A N or'n A p i i l _____
8,1 42
8.111
B chaylklll Val. T rac. M a rch ........
4,5 64
4,4 59
Scranton A C arbon d’e A p r i l .........
2,7 83
2,7 13
Beran ton A Plttaton A p r i l .........
4 ,9 0 0
4,5 9 3
Boram on R a ilw a y ___ A p r 1 . . . . . . 31 ,374 29,626
Staten Isla n d E lc o .. A p r i l ......... 14.30
13 ,287
B yracose R a p .T r. Ry A p r i l ......... 4 0 ,110 3 6 ,687
T o ro n to R y . .............
A p r i l ......... 9 5 ,212 86 ,899
T w in City R ap. Tran A p ril......... 190,310 165,804
Union (N. B ed ford ). A p r il.......... 16 ,167
...... 13,507
U’ td R ya .E lec.(B a lt.) A p r i l ..........34 1 ,3 4 0 31 3 .0 3 8
U nited Traot. (P itts.; A p r i l ..........j l 3 I 74 2 120,458
U nited Traot. ( P r o v j A p ril
154,725 138,995
Unit. Trao. (R eading) A p r i l ......... 15,518 14 ,029
Wakefield A S to n e .... A p r il..........
4,368
3,9 5 2
W aterbnry T ra ction . A p r i l .......... 20 ,079 20.142
West C hicago 8 t. Ry 3d wit M a y 8 0 / 5 4 7 6 ,866
W ilkes A W y . V a l ,... F ebru ary , 31,851 36 ,351
I These flgurea in olu d e result* on B rid g e D tvision .

R o x b ’ g h C li.H ill & N .A p r .
Jan. 1 to A p r. 3 0 ........
U nited T ra o t.(P itts.) A p r.

*
2 3 .442
195.2C9
7,923
2 5 ,085
4 4 ,618
10 0,31 3
7 1 ,4 9 4

57 5,94 5

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

16 ,223
4 ,6 5 3
545,411
2 3 ,8 2 4
20 7 ,6 4 3
4 1 8 ,2 0 0
1 5 1 ,2 7 2

71,922
60 ,469
35 ,102
34.906
8 0 610

‘7 2 ,9 1 5

13 787
4 7 ,985

1 3 .212
3 8 ,158

42 ,588
16 ,094
31,169
13,773
32 ,266
6.7 tO
22 ,410
12,943
94,385
452,183
493.2 74
18,9o2
54.762
19,718
11.352
41 7,78 3
42 7,70 6
1 9 0 .7 17
5,106
114,618

38 ,183
1 5 ,304
3 0 ,438
11,155
2 9 ,7 2 9
3.961
1 5 ,402
7 ,8 2 7
88, 1 2 t
39 5,84 1
43 8,27 8
17,764

2 6 126
11,624

2 5 ,259
1 2 ,349

118,661
48,147
1 6 0 ,: 58
385,997
7 ; 0,793
61 ,893

11 6,48 6
4 s ,96 0
14 5.20 7
34 8 .1 8 2
65 3,22 3
55,941

67 ,332
5 6 .722
3 1 ,1 7 0

2 0 ,2 8 1

11 ,294
44 1 ,4 4 0
430.857
182,721
4,3 1 6
10 7,36 4

574,371
52 4.95 1
64 ,478
50,781
1 4 ,327
14,296
43,202
42 ,377
,50 6,30 6 1 ,4 31.4 40
7 2 ,567
7 6 .7 0 7

Int., rentals, etc.----- -- - B a l. o t Ret E a rn ’ t .1899
$
2 ,1 9 5
8 ,7 8 7
5 2 .8 3 2

1898
$
2,2 1 9
8 ,5 0 4
..........

1899
$
281
d e f. 3 ,8 9 6
1 9 ,0 2 2

18E 8.
1 ,2 4 9
d e l. 2 ,4 7 5

ANNUAL RE PO R TS.
Cleveland & P ittsburg R ailroad,
( Report for the year ending Dec. 31, 1898.J
The annual report permits the follow ing comparison :

1898

*
23 ,347
21 4 ,6 6 2
8,531
26 ,337
4 3 ,886
100,227
74,858

2 5 ,568
18,751
4,7 93
576,169
27,993
225,519
46 3,91 6
161,318

Road.

EARNINGS, EXPENSES

AND

CHARGES.

1 8 96-7 .
( i 3 in os.)
E arn ing s —
$
$
P a s s e n g e r .............................. 5 9 3 ,2 4 1
5 6 1 ,1 9 6
F re ig h t .................................... 3 ,2 /2 ,2 1 8 2 ,8 9 7 ,1 6 5
M all, e x p r e s s , e t o ............... 1 6 7 ,3 0 7
14 9 ,4 0 5

1 8 9 5 6.

1 8 9 4 -5 .

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

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

1898.

(Tear.)

D ed u ctF o r m a in t’ g o r g a n iz a tio n

(Tear.)

(Tear.)

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

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

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

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

.1 ,3 6 3 ,5 3 3

1 ,4 1 0 ,1 2 3

1 ,1 6 8 ,9 7 2

1 ,4 7 9 ,0 7 1

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

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

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

2 8 ,7 2 2

2 7 ,6 9 9

,
.

7 8 6 ,9 7 6
2 9 9 ,4 7 8

10,000

6 5 ,5 1 6
T o t a ls ................................1 ,1 6 1 ,9 7 0
B a la n c e t o le s s e e ........... s u r.2 0 1 ,5 6 3

10,000

10,000

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

10,000

1 ,1 3 1 ,6 6 8 1, 1 3 6 ,1 7 0
s r .3 7 ,3 0 4 er. 3 4 2 ,9 0 1

The balance sheet on Dec. 31, 1898, was as follows:
Assets.
R o a d a n d e q u ip m e n t ..$ 1 9 ,1 0 7 ,4 0 9
C a s h .............. ............... .
4 9 ,4 1 7
S in k in g fu n d an d r e ­
d e m p tio n a c c o u n ts .
7 4 2 ,3 5 3
L e sse e m a te ria ls a c ­
c o u n t .............................
2 6 1 ,2 1 1
N e w Y o r k a g e n c ie s ...
1 0 4 ,4 6 9
M is c e lla n e o u s ...............
4 ,4 4 3
T o t a l ..........................$ 2 0 ,2 6 9 ,3 0 2
—V . 68, p . 28 1.

L ia b ilities.

C a p ita l s t o c k .................$ 1 1 , ,247,528
F u n d e d d e b t, le ss b ’ ds
in sin k in g f u n d .........
6 , 3 0 1 ,2 9 0
D u e o n d iv id e n d s a n d
c o u p o n s ........... ...........
7 2 ,9 0 7
D u e o n b e t t e r m e n t s ...
268
D ue in d iv id u a ls ............
2 1 ,9 0 1
B al. in c o m e a c c o u n t ..
2, 6 2 5 ,4 0 8
T o t a l.......................... $ 2 0 ,2 6 9 ,3 0 2

Monongahela R iver Railroad.
fF o r the year ending Dec. 31, 1898.)
Earnings, operating expenses and charges for 1898 com­
pare as follows with previous years:
1898.
'Jiu oo UlUUllJgB......... .. .$ 2 2 5 ,0 3 5
O p e ra tin g e x p e n s e s .. 1 1 4 ,. 08

1897.
$ 1 9 2 ,5 3 1
1 1 1 ,5 1 3

1896.
$ 2 1 0 ,3 5 3
1 0 2 ,1 0 9

1895.
$ 2 0 6 ,6 9 5
9 7 ,2 4 0

Oharges
In te r e s t on
T a x e s .........

$ 1 1 0 ,7 2 7

$ 3 1 ,0 1 8

$ 1 0 8 ,2 4 4

$ 1 0 9 ,4 5 5

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

$ 3 5 ,0 0 0
4 ,1 4 5

$ 3 5 ,0 0 0
3 ,2 1 5

$ 3 5 ,0 0 0
3 ,2 7 0

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

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

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

$ 3 8 ,2 7 0
$ 7 1 18 5

_ 1 T r 6 aaS. ono'i
for new construction and eqnipsqq tt--8cQ|480,210, leavinS available cash assets
on Dec. ol, i1898,
$(0,639.
Assets—

BALANCE 8HEET DEC. 31 , 1 8 9 8 .

R e a l e s t a t e ........................$ 1 ,1 7 4 ,2 7 2
C o n stru e , a n d e q u ip m ’ t 2 ,0 78,7 71
C ar tru st a s s e ts .............
391 735
A e o ts . r e c e iv a b le an d
c a s h ..................................
3 8 1 ,8 8 4
M . & O . R . R R . C o ____
7981
M on. C o a l & C o k e C o ...
3M 08
T re a su ry s to ck , p a r ___
25 ’ 600
T re a su ry c o a l b o n d s . . .
330^625
T o ta l a s s e t s ............. $ 4 ,4 0 0 27 6
- V . 66 , p 9 5 0 .
’
’
0

L ia b ilities —
C a p ita l s t o c k ,............... $ 1 ,3 0 0 ,0 0 0
1st M . b o n d s ............. .
7 0 0 ,0 0 0
1st M . o o a l b o n d s .......... 1 ,5 0 0 .0 0 0
C ar tru sts, p r i n c i p a l ...
9 8 ,3 7 8
do
in t e r e s t ___
1 2 ,8 1 5
B ills p a y a b le ................. .
1 0 5 ,6 8 0
A u d ite d v o u o iie r s ........
1 2 ,8 7 5
D u e t o ops. an d in d iv ’ s.
1 8 7 ,6 9 0
N et s u rp lu s ......................
4 8 2 ,8 3 8
T o ta l lia b ilit ie s ........... $ 4 ,4 0 0 ,2 7 6

Mat 27, l«b».J

THE CHRONICLE

Commonwealth E lectric Co. o f Chicago.
(Report fo r the year ending March 31, 1899.)
The annual statement i s as below :

Ohio E irer Railroad.
(R eport fo r the year endinj December 31, 189S )
President H. H. Rogers says:
B o th g r o s s a n d n et e a rn in g s s h o w a slig h t d e cre a s e a s c o m p a r e d
w ith the p re v io u s y e a r , bu t in v ie w o f th e fa o t th a t d a r in g p a r t o f
M a rch a n d A p r il o p e ra tio n s w e r e e n tir e ly s u s p e n d e d o n a c c o u n t o f
the u n p reced en ted h igh w a te r In th e O h io V a lle y , fr o m w h ic h a ll r a il­
ro a d s In th a t te rr it o ry su ffered , su b m e r g in g 135 m ile s o f th e m a in lin e,
an d s e r io u s ly Im p a irin g a la r g e n u m b e r o f b rid g e s , tre s tle s , e m b a n k ­
m en ts. and a lso ro a d b e d , th e r e s u lt c a n n o t b u t b e s a tis fa cto r y , th e
co s t o f rep a irs h a v in g In cre a se d th e o p e r a tin g e x p e n s e s a b o v e w h a t
w as a m ic i i a ted In the e a r ly p a r t o f th e y ea r. T h e se e x p e n s e s w e re
fa r t h e r In crea sed b y n eed ed re p a irs t o p a s s e n g e r e q u ip m e n t, an d b y
the m on th ly c h a r g e o n a c c o u n t o f n e w fr e ig h t e q u ip m e n t p u rch a se d
to r e p la c e o ld ca rs co n d e m n e d a n d d estroy ed .
E A RN IN G S, E X C E SS E S A N D C H A R G E S.

P a t e n t e r s ...................
F r e ig h t ............... .......
M all, e x p r e s s , e t c ___

1898.
$
3 7 1 ,4 4 8
5 2 9 ,8 2 6
5 7 ,1 7 5

18 9 7 .
$
3 6 5 .4 3 0
5 4 8 ,1 4 9
5 1 ,6 1 8

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

1895.
$
3 4 2 ,2 5 2
4 9 6 ,5 3 7
4 8 ,4 8 2

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

9 5 8 ,4 4 9

9 6 5 ,1 9 7

9 7 0 ,0 2 3

8 8 7 ,2 7 1

M a ln f. o f w a y . e t c . . .
M alut. o f e q u ip m e n t.
C o n d u ctin g tra u s p ’ n.
G e n e ra l e x p e n s e s ___
T a x e s .............................

1 9 1 ,2 1 5
9 7 .2 2 8
2 9 4 ,7 3 0
4 2 ,841
3 1 ,4 4 8

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

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

17 3 .9 1 9
9 9 ,3 7 9
2 6 7 .9 6 1
2 6 ,4 6 9
2 9 ,3 8 2

T o t a l ...............
N et e a r n in g s ...............
P*r ct, o f ex* t o e a rn * .

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

0 5 0 ,1 4 2
3 1 5 .0 5 5
67 -35

6 6 9 .9 3 0
3 0 0 ,0 9 3
6 9 -0 0

5 9 7 ,1 1 0
29 0 ,1 6 1
67*29

In te rea r.........................
R e n ta l a . . . . . . — ........
C ar tru st in t, 4b m is s .

2 6 1 ,6 7 9
9 ,5 7 6
2 2 ,1 1 9

2 6 0 ,9 0 4
9 ,4 4 6
1 8 ,208

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

2 4 2 ,9 9 7
9,3 4 0
18,361

T o t a l........................
B a l a n c e ..........*............

2 9 3 ,3 7 4
su r.7 ,6 1 3

288558
su r.2 6 ,4 9 7

2 7 8 ,3 8 0
eu r.2 1 ,7 1 3

but . 1 9 ,533

E a rn in g a—

Erpc nst*—

D cdxut—

2 7 0 ,6 2 8

B A LA N C E S H E E T D E C E M B E R 3 1 .

2 2 3 ,0 0 0
12 5 ,1 8 8
45 .741
3 0 .0 9 5

1897.
6
1 1 ,1 0 3 ,3 2 2
2 4 9 ,4 8 1
113.1B 9
* 2 ,5 3 0
3 0 ,6 9 5

18 9 6 .
$
1 1 ,103 .121
2 4 7 ,3 5 0
9 0 .8 4 9
4 7 ,6 8 0
2 5 .1 5 3

1895.
8
1 0 ,788 ,501
3 5 6 .7 0 0
17 5 .4 7 1
3 7 .8 5 3
7 4 ,2 6 3

5 8 ,7 4 *
1 3 5 .0 4 3

3 9 .6 8 5
933192

5 5 .3 6 0
8 5 ,2 4 8

7 9 ,5 2 4
3 1 ,747

T o ta l............... .
1 1 ,7 9 0 ,6 0 1
LitibiiUUa —
S to c k ....... ...................... 5 ,9 1 5 .4 3 1
B o n d * A rq u lp .tru sta 5 .1 9 1 .8 1 8
2 3 7 ,0 0 0
BUi* p a y a b le ...............
A u d ited v o u c h e r s ...
12 7 .5 5 1
P a y -fo il* . D ece m b e r.
3 4 ,3 1 3
A f-craed in te rc e t o n
B o n d * ..........................
4 4 .258
M c c e lla n e o n a .
...
5 1 .1 8 0
1 8 9 ,0 5 0
In co m e a c c o u n t ..___

1 1 .6 8 3 ,8 9 4

1 1 ,6 0 2 ,7 5 7

11 .5 4 3 ,0 5 9

5 ,0 1 5 ,4 3 1
5 ,1 4 8 0 3 8
1 7 2 .0 0 0
1 2 9 ,3 3 7
31 ,721

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

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

44*258
4 0 .7 4 8
1 9 8 ,3 1 0

4 4 ,2 5 3
10,901
2 1 1 ,2 * 6

2 5 ,3 7 0
13 4 8 0
2 3 4 .7 4 5

T o t a l ... ................ 1 1 ,7 9 0 ,6 0 1

1 1 ,6 8 2 ,8 9 4

1 1 ,0 6 2 ,7 5 7

1 1 ,5 4 3 ,0 5 9

1898.

Assets—
$
Roml a n d e q uln ote u t . 1 1,172*807
B o n d s o w n e d ............ A d v a n c e * ........ . . . ----M ateria ls o n h a n d .. . .
Cash on h a n d .............
D a e from ag'U , ra ilrM*. P ost-O ffice,A c.
M U celiaziem ia . .......

1021

33,547

G ro ss e a rn in g s fr o m e le o trio c u r r e n t a n d m e rc h a n d is e s a le s .$ 3 9 0 ,0 6 5
O p e ra tin g , re p a irs a n d r e n e w a ls an d g e n e r a l e x p e n s e ............. 2 6 0 ,9 9 9
S e t in c o m e fr o m a ll s o u r c e s ...........................................................$ 1 2 9 ,0 6 6
D e d u c t In te re st o n b o n d s ......................................................................... 1 0 3 ,9 1 0
B a l a n c e ......................................................................

$ 2 5 ,1 5 6

The total net for year was $129,068, beingabout $4,000 in
excess of what will be the full interest charge on the $3,500,000 of 5 per cent bonds.
BA LA N C E SH E E T MARCH 3 1 , 1 8 9 9 .

Assets —
P la n ts a n d fr a n c h is e s ..* 7 ,3 2 3 ,3 2 3
M a te ria ls, e t c ...................
3 7 ,7 2 5
A c o ts . A n o te s r e c e i v e .
2 2 s ,32 9
C a s h ....................................
5 ,8 2 1
T b t a l.......................... * 7 ,5 9 5 ,1 9 8
— V . 6 7 , p. 1.06.

L ia b ilities —
C a p ita l s t o c k .................... $ 5 ,0 0 0 ,0 0 0
B o n d s .................................. 2 ,5 0 0 ,0 0 0
A o o o u n ts p a y a b le _________________ 45 .3S 9
O p en a c c o u n t s .
2 4 ,7 0 3
S u rp lu s a cco u n t.
2 5 ,1 5 6
T o t a l............................ $ 7 ,5 9 5 ,1 9 8

Reece Buttonhole Machine Co.
(F o r the year ending April 1, 1899,)
The annaal statement affords the following:
1 8 9 8 9.
R o y a l t ie s ............... ......................................................... * 2 0 3 ,2 5 0
6 8 ,3 9 1
M e rc h a n d is e ............................................................. .......

1 8 9 7 -8 .
$ 2 3 4 ,4 3 7

T o ta l g r o s s . . . . . .........................................................$ 2 7 1 ,6 4 1
E x p e n s e s ........................................................................... 126.S S 0

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

N et e a r n in g s ..............................................................$ 1 4 4 ,7 6 1

$ 1 7 1 ,8 3 8

6 5 ,0 9 1

B A L A N C E 8H EKT A P R IL 1 , 1 8 9 9 .

Assets—
M a ch in e ry , to o ls 4 tlxt’ s.$ 2 2 8 ,2 1 1
Crude m e rch a n d is e ........
2 5 ,2 4 0
Cash In b a n k s ...............
3 1 ,1 8 8
A cco u n t* r e c e i v a b l e . . .
4 5 ,6 1 6
M erch a n d ise, p e r ln v ’e ..
2 5 ,111
M a ch in e s on l e a s e ........
4 5 2 .3 5 0
P a t e n t s ..............................
4 7 8 ,5 4 9
T o t a l ............................* 1 ,2 8 7 ,2 6 5

GENERAL

L ia b ilities—

C a p ita l s t o c k ..... ............. $ 1 ,0 0 0 ,0 0 0
A c c o u n t s p a y a b le ................................. 2 9 ,5 7 6

Surplus....................

257,691

T o t a l .......................... $ 1 ,2 8 7 ,2 6 7

IN V E S T M E N T

N EW S.

New Industrial Companies.—Index.—The leading facta
which have been published regarding the newindustrialcom­
panies, since the last number of the Investors’ Supple­
ment appeared, on April 29, may be found by the follow ­
ing index:
Pac&.
Amalgamated Copper--------- HSm. R 0 National Carbon...............
077
American Agricuittural Chero.,
1*7* I Nut tonal ( ’afth R e g i s t e r . . .. ........
077
American Alkali..........— ,.PSft, or 4 National Bled rib .................
028.1)78
American Hlryolw................ *.
07* ; Parlttc Const Biscuit .. . . .872, 938, 078
0V16 i*»rk S i o - I . .........................
American Brick.....*...............
1)78
American Hide A I*cather H0. i>25, or* Planter*’ Compress C o .............826, 672
Amo-lean mo tab. Sop. A L&tfU&l. 074 I tsim o lic Iron A S t e e l.............. ..8 72, t*20
American By. Equipment...........
American fcmoiitntf A Refitilog .

07*
07ft

R u b b e r Goods M a n u t a c t u r ln c . .

gloss Iron A

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

8 2
078

American Steel Hoop...,........ 870 S ta n d a rd M e t a l......................... 1)79
AmericanYlQttKar....... .
. «2l t in on Barf A P a p e r. ...................... 979
Bethlehem Steel.
07ft U n ion S teel A C h ain ................
829
Brooklyn Dock A T e r m in a l ...... 076 I United Klee. Light A P o w e r o f
Carr**.«ic Steel...............»70, 02ft. 07ft
B ali 1m ore..................................
929
Columbia Kleetrlo Vehicle__
0M U n ite d F r a i l ................................ .. 979
Coneoltdated Gum....... . ...... .*71.Oill United Power A Trans............ .
929
Federal 8*wer Pipe....... .
QZQ United S ta te s F lo u r MUl*rf.8£9, 873, 929
I ARM SOS, EXCESSES ASt) CHARGES.
Genera) Carriage
......
074 Ulilted Slates W orsted_______
830
E arn ing* fro m —
1897.
1898.
18 9 6 .
1895.
lilUxof Eie^trle Vehicle T r a n s . . 8*7 United State* Glue ..............
979
*72,40.4
# 6 9 .3 4 8
$ 7 6 ,1 4 9 Manufactured R u b b e r . 077
3 6 5 .0 5 5
8 8 6 ,6 0 0
F r e i g h t . ........ .
3 4 0 ,4 4 0
American
A
gricultural
Chemical
d
o.—Stork
Cvir-subM is c e lla n e o u s ........... . . .
2 5 ,6 7 7
2 5 ,5 5 7
2 6 ,4 0 7
2 5 ,9 5 8
scribat.—Upwards of $11,000,000 of the preferred stock of the
* 4 3 5 .7 4 6
T o t a l . . . . . . .......... . .* 4 5 4 .7 8 3
* 4 6 3 ,7 3 7
* 1 8 8 ,3 1 5 American Agricultural Chemical Go. was subscribed for by
O p e ra tin g e x p en a ««. ...* 3 8 0 ,2 1 9
* 3 6 8 ,7 7 5
$ 3 9 7 ,5 0 0
$ 4 1 0 ,5 7 9 the vendors o f the constituent companies. The balance was
5 ,8 6 7
0 .3 1 9
T a x e s .......................
5 ,Of 6
5,8 41 largely over-subscribed and was ellotted privately by the
bankers, without public offering.—Y. 68, p. 974.
£
3
7
?
,0
9
4
$
4
0
3
,3
6
7
T o t a l ,....................
* 4 1 6 ,4 2 0
« 6 0 .6 5 2
* 8 0 ,3 7 0
$ 7 1 ,8 9 5
American Alkali Co,—On Unlisted in Philadelphia.—Pre­
N et e a r n in g s .............. . . . f C 9 ,5 0 9
# 4 8 .0 9 4
9 3 8 ,5 0 0 ferred stock to the amotmt of 120,0 iJ shar- s, par value $50,
$ 4 5 ,2 4 0
lot* o n h ood a and d eb t. £ 3 0 ,7 4 4
R e n ta l, e t c .............. .........
9*329
4 ,5 1 6
5 .1 2 5
$10 paid, has b e a placed in the unlisted department of the
* 4 9 ,7 5 6
* 3 8 . '0 0 Philadelphia Stock Exchange; al-o 480,000shares of common
T o t a l . . . ...............
* 5 3 ,2 1 9
B alan ce, »u rp lu # ___
* 1 0 ,6 1 4
* 3 3 ,3 9 5 stock, par value $50, full paid.—V. 68, p. 925.
* 7 ,4 3 3
American Bicycle do. —Extension o f Options.—An ex­
BAJLA3ICK 3HK16T DEC. 3 1 , 1898.
change says: "Manufacturers who have given options on their
L ia b ilities—
R a ilro a d . eq ix ip % A c . ..$2, 7 8 9 ,8 2 2 C ap ita l s t o c k ................ 9 1 ,2 7 8 ,0 5 0 plants have been asked to extend them until August 1.
S to ck s o w n e d .
7 5 0 ,0 0 0 There is some complaint from manufacturers who expected
3 3 ,0 9 0 B onds,
B ills r e c e i v a b l e .......
2 1 ,0 0 0
1 8 ,1 6 2 B on d s an d m ortg a g es
A'•counts r e c e iv a b le ..
8 2 .3 1 2 C a r t ru st c e r t ific a t e s ..
6 4 .0 0 0 to be paid all in cash and w oo are offered half cash and half
1 5 .0 0 0 stock.” —V. 68. p. 974.
C a sh .................................
12,538 BUI* p a y a b le ........... .......
M ateria ls.
1 4 6 .0 0 7
6 1 ,3 7 4 A c c o u n t s p a y a b l e ........
American Car A Foundry Co.— Listed. —The New York
M isce lla n e o u s.................
109,528 S u n d r y
8 1 ,0 7 0
& v o n c h 'i
P rofit a n d lo s e ...............
1 5 5 ,7 9 7 Stock Exchange has listed $29,090,000 non cumulative 7 per
cent preferred stock and $39,090,000 common stock of the
T o t a l............................ 8 3 ,1 1 1 ,7 0 6
T o t a l............................$ 3 ,1 1 1 ,7 9 8
American Car & Foundry Co. The statement submitted to
- V . CS, p. 4 7 8 .
the Stock Exchange with the application to list the stock
The St. I.onig Terminal Cnpples Station & Property Co. furnishes much important information regarding the com­
pany. Extracts from the statement are given on page 1029
(F or the Fiscal Year Ending May 1, 1899.)
of the present issue o f the Chronicle.—V. 68, p. 668.
American Chicle Co.—Consolidated (Sum Co.—Prosjjec'.usThe following is furnished to the C hronicle :
—Various facts regarding the pending consolidation o f chew­
lfB S -9 .
1897-8 .
m Mom.) f 13h) Mot.) ing gmn companies were given in the C hronicle of May 6 and
R e c e ip ts from ren t, e t c ............... ................................. 8 3 0 2 ,9 7 0
* 3 1 1 ,7 4 0
13 on pages 871 and 926, under the title “ Consolidated Gum
E x p e n se s <rf e v e r y k in d . In clu d in g t a x e s .
....
6 7 ,1 7 6
6 8 ,0 7 1
Co." The prospectus confirms the names of the companies
M et e a rn in g s, e x c lu s iv e e f In terest o n b o n d s ... * 2 3 5 ,7 0 4
* 2 4 3 ,6 « 9 which are to be united (p. 871), but refers to the consolidated
In teree on * 3 .0 0 0 ,0 0 0 b o n d s a t 4 > sp er c e n t . . . . 1 3 .',0 0 0
1 5 1 ,8 7 5
concern as the American Chide Co., chicle being a Mexican
product and the principal ingredient of chewing gum. Other
B e t p r o fits fo r th e y e a r ....... .......................................... * 1 0 0 ,7 9 4
* 3 1 ,7 9 4
facts from the prospectus follow :
5 p. c, on p re f. s to ck and 2 p , c o n c o m m o n ,
W ilmington & Northern Railroad Co.
(R eport fo r the fiscal year ending Dec. SI, 1898. J
Statistics.—Earnings, expenses, etc,, were as follows:

p ayable M ay 25 . 1 8 9 9 ................................................

9 0 ,0 0 0

B a la n ce t o profit, a n d l o s s . . . .................................... .
- V . 68. p. 828,

* 1 0 ,7 9 4

T h e c o m p a n y w ill be o rg a n iz e d u n d e r the la w s o f N e w J e r s e y w ith
^ c a p ita l o f $ 3 ,0 0 0 ,0 0 0 o f 6 p e r o e n t cu m u la tiv e p r e fe r r e d s to ck and
f<9*0 0 0 ,0 0 0 o f co m m o n stock* O f this a m o u n t, $1,000 ,000 * o f p re fe rr e d
sto ck is t o h e offe re d fo r s u b s c rip tio n a t p a r a c c o m p a n ie d b y $ 5 0 0 ,-

1022

THE CHRONICLE.

000 o f comm on (took. Tbe Audit Co., o f New Y ork, oertlflra that
durlEK periods o f from three to ion years the oonoerna show au airgre
m l aomial groin In excess o f *800,000. TLla ooea not Include the
net earnings o f B. T. B rlt'e A Co. The average annual net earn­
ings Is more than suiliolent to equal annually 6 per oent on the pre­
ferred and d e e d i n g 0 per cent on the com m on. Subscriptions will
he received by the M anufacturers' TruBt Co., B rooklyn, or by Flint A
Co., New York.

Thomas F. Harvey, of Chicago, proprietor of tbe Interna­
tional Confectionery Co., ia promoting the enterprise, and
Charles R. Flint, the largest importer of chicle, is intereeted.—V. 68, p. 871, 926.
American Ginning Co.—Incorporated—This company
was incorporated at Trenton, N. J., on May 24, the capital
stock being $•*>,000,000. to control the manufacture of ma
chinery for cotton ginning and wool burring. Incorporators:
Howard 81nn and Thomas W Prior o f Philadelphia, Mathew Prior,
Watertown, .Mass ; John R. Bennett, Haokettetown. N. J .,a u d Cliarlea
B. Devoe, Bayonne, N. J.

American Palace Car.—Dispute as to Car Patents.—A t
Trenton, N. J., on May 24. Judge Gray, in the United States
Court, granted a temporary injunction, returnable June 6,
restraining Hayward A. Harvey, Lawrence S. Mott, H >bart A . Tuttle, and others, from disposing o f certain
patent rights on combination parlor and sleeping cars. The
suit is brought by Biron A. Eldred, Allie L. Lawrence,
The bill of complaint states that the American Palace Car
Co. of Maine was formed in 1892, with a capital stock of
f l , 500 000. Considerable of this stock was given in exchange
for letters patent granted to Charles J. Seymour for com
bination parlor and sleeping cars and *25,000 in cash w»s
spent in ficring np the car ‘ Biston." The American Pal ice
Car Co. of New Jersey was formed to take over the busi­
ness of the Maine company, and this was accomp’ished by
the defendants, it is charged, without the knowledge or con­
sent of the pla'ptiffs. A plan embracing foreclosure is now
afoot, say the plaintiffs. under which the New Jersey people
expect to obtain legal title to all the assets of the Maine com­
pany, and relief is prayed tl at the scheme may be frustrated.
The plan, it is stated, provides that the stockholders shall
mortgsge the property of the company and issue bonds; that
$50,000 of these bonds shall be subscribed for in cash or ap­
proved indebtedness of the company and that $250,000 of
Donds shall be sold for cash to furnish working capital for
the company.—V. 65, p. 326.
Anaconda Copper Co.—Amalgamated Copper Co.—Control
Acquired —Control of the Anaconda Copper Co. has been
turned over to the Amalgamated Copper Co., as majority
stock bo'der, through the election of William Rockefeller,
H. H. Rogers, William G. Rockefeller and A. C. Barrage as
trustees.—V. 68, p. 528, 870.
Atchison Topeka A Santa Fe Ry.—Atlantic & Pacific Suit.
—The suit of Alfred P. Lasher and others, which has
long been in the Eastern courts without success, has been
revived in Kansas
A complaint filed at Topeka this
week alleges that Lasher owns and represents Atlantic &
Pacific first mortgage bonds, guaranteed by the old Atchison
Company, to the amount of $200,000, and also $7,000,000 of
the income b n ls. The su't seeks to establish the lieu of these
bonds upon the property of the new Atchison Company, and
asks that the reorganization be declared invalid and void,
and the sale under foreclosure be declared null and void.
The officials of tbe Atchison Company say that they believe
that the Atlantic & Pacific foreclosure was perfectly legal,
and that the income bondholders can gain nothing by the
attempt to intervene.—V. 68, p. 974.
A tlan tic Valdosta & W estern RR.—Mortgage Filed. —The
company has filed a new mortgage to the Central Trust Co.,
as trustee, to secure $5,000,000bonds, to be used to take up the
outstanding bonded indebtedness; to provide for the further
extension of the road; for the construction of branches and
to purchase terminal property in Jacksonville; also to pur­
chase additional rolling stock. It is intended to extend the
road f o m Valdosta to Albany, Ga., 75 miles, making a total
main line of 180 miles.—V. 66, p 758.
B a lt' more a O hio IIR.— Payment o f Receivers' Certifi­
cates.—The holders of tbe Pntrburg & Connellsville Re­
ceivers’ certificates dated Jan. 1. 1897, are notified to present
the same for pay ment at the office of the Mercantile Trust
Co., in New York, or the Baltimore Trust & Guarantee Co.
of Baltimore, on or before May 29, 1899. On that day in­
terest on said certificates will cease.
Holders of Baltimore & Ohio RR. receivers’ certificates
secured on properties in the City of Baltimore, t’ a'ed Dec. 1,
1896; receii ers’ certificates for steel rails, dated July 81. 18i<7|
and receivers’ certificates dated June 1. 1896, are notified to
present the same for payment on or before May 25, 1899, at
the Mercantile Trust Co. in New York, or, as to tbe certifi­
cates of D c. 1, 1896, only, at the office of the Maryland Trust
Co.. Baltimore.
Holders of bonds of the Baltimore & Ohio Equipment Co.
dated Jnly 1, 1896, are notified to present the same for pay­
ment at the Mercantile Trust Co. in New York on or before
May 19. 1899. On that day interest on said bonds will cease.
Payment i f bon Assenting Bonds.—The Special Masters
give notice that under decree of the United States Circuit
Court, District of Maryland, entered May 15, l y99, every
holder of the following bonds and coupons is notified to
present tbe same for payment on or before June 17, 1 >89
at the office of tbe Receivers of the Baltimore & Ohio RR.,’
Baltin ore, Md., and that interest on the same will ceate
frem and after June 17, lt99.

[Vol. Lxvni.

B a ltim o re A O h io R B . lO O y e a r 5 p e r c e n t c o n s o lid a t e d m o rt. b o n d #
o f I f 88.
S te rlin g 6 p e r o e n t lo a n o f 1872.
S tir lin g 6 p e r c e n t lo a n o f 1874.
S ix p e r c e n t lo a n o f 1 8 7 9 '(a o c o u n t o f P a r k e rs b u r g B ra n ch ).
F iv e p e r c e n t b ou d a , lo a n o f 1 8 8 5 (a cc o u n t o f P itt s b u r g & u o n n e llsv llle R R ).
.
,
F o u r an d o n e -h a lf p e r c e n t t ' rm in a l m o r t g a g e b o n d s .
Brerli g 4 ^ p e r o e n t lo a n o f 1 8 8 3 . P hlladeluhiH B ra n ch .
S ter lu g .5 p e r c e n t lo a n o f 1 8 7 7 (a c c o u n t B a ltim o r e & O h io &
C h ica g o R R .)
.
,
t>if>annncg a r'nkinAiiaxriiiA R R . On. fl r»Ar c a n t c o n s o lid a t e d m o rt. b o n d s .

Few Mortgages Filed —In the Superior Court at Baltimore
on Tuesday the company filed its first mortgage for $165,000,000 to the United States Trust Co. of New York as trustee,
ro secure 4 per cent gold bonds dated July 1, D98, payable
July 1,1948, in denominations $l,00u and $500 each, and with
interest payable Oct. 1 and April 1 of each year; also its
prior lien mortgage for $75,000,000 to tbe M> rcantile Trust
Co. of Ne w York as trustee, to secure
per cent gold bonds
dne in 1925.—V. 68, p. 975.
Boston Breweries Co.—Incorporated.—This company was
incorporated at Trenton, N J., on May 23, with $9,750,000
of capital stock, of which $6,500,000 is to be preferred cumu­
lative 7 per cent. The incorporators are Robert S. Jordan,
Nelson R. Vanderhoff, George A. Maglone, James E. Weston
and Cnarles N. King.—V. 68, p. 669.
B rooklyn Ferry Co.—New Line.—This company has pur­
chased the East River water-front between 4lst and 43d
Streets from the Equitable Gas Co., with a view to operating
a ferry between Broadway, Brooklyn, and the foot o f East
4'2d Street, Manhattan. Pr.sident Joseph J. O’Donohue
says: “ W e do not intend to abandon toe 23d Street Ferry,
but are simply supplementing it with one which will enable
Brooklynites to reach the Grand Central Station direct.”—
V. 67, p. 1206.
Brunswick Dock & Improvement Co.—New President.—
Silas B. Dutcher, President of the Hamilton Trust Co. of
Brooklyn, has been elected President and James W . Hinkley,
President of the United States Casualty Co., a Director.—V .
67, p. 481.
B urlington (la .) E lectric Ry. 4 L ighting Co.—Acquisi­
tion o f
s Plant.—A press d-spatch announces the pur­
chase of the property and franchise of the Burlington Gas
Light Co. by the Burlington Electric Railway & Lighting
Co., the price paid being $200,000.—V. 64, p. 753.
Carnegie Steel Co.—Capitalization.— H, C. Frick on
Saturday last made the following statement: “ To set at
rest the many erroneous reports regarding tbe capitaliza­
tion of the proposed new Carnegie Steel Co., I desire to say
that it will he distinctly a home concern, embracing only
the Carnegie, the Frick and their allied interests, and using
a Pennsylvania charter. The capital will be $250,000,000,
and but one kind of stock will be issued, fixed upon an in­
vestment basis, so that the present management will take
their holdings in the stock of the new company.
The Carnegie Steel Co. was incorporated in New Jersey
May 4, but on May 8 application was also made by the
Carnegie Company at Harrisburg, Pa., for a charter to be
issued on May 29, the capital stock being nominally $100,000.
Oa May 24 this last-named company filed notice of an
amendment of its title to the Carm-gie Steel Co. Apparently
the Pennsylvania charter will be tne one to be utilized.—V .
68, p. 975.
Central New England By.— Last Instalment o f Assessment.
—The final instalment of 25 per cent of the assessment upon
certificaies o f deposit of ser es A income bonds, series B
income bonds, preferred stock and common stock o f the
Poiladelphia Reading & New Euglan 1 (now Central New
England) has been called, payment to be made on or before
June 8.—V. 68, p. 8'22.
Central RR. o f New Jersey.—New Stock listed May 26.—
The New York Stock Exchange admitted the $4,503,800 addi­
tional capital stock to dealings this week, instead of waiting
till June 26, as previously agreed.—V. 68, p. 925.
Chi ago & Alton R R .—St. Louis Peoria & Northern R y.
—Control Acquired.—Control of the St. Louis Peoria &
Northern Ry. (St. Louis & Northern Short Line) has been
acquired by the syndicate which owns the Chicago & Alton
RR.. thus removing from that company the danger o f a new
parallel line between Chicago and St. Louis.
An official circular to the subscribers to the bonds and
stock of the St. Louis & Northern Short Line says, under
date of May 25: “ Recent changes in the railroad situation
in Illii ois have led the trustees under the stock trnst agree­
ment of Oct. 1, 1898, to entertain negotiations for the trans­
fer of the control of this enterprise to Messrs E, H. Harriman, Jacob H. Schiff, James Stillman and George J. Gould.
These negotiations have resulted in an agreement for the
purchase by them of the capital stock of tbe St. Louis &
Northern Short Line and of the Laclede Construction Co.,
as well as the certificates of subscription to the securities o f
the St. Louis & Northern Short Line under the $13,000,000
subscription agreement of Sept. 26, 1898. The terms ar­
ranged are substantially as follows:
t ■ T h e c a p ita l s to ck o f th e L a c le d e C o n s tr u c tio n C o. t o b e p u r ­
ch a s e d f o r a fu ll p a id a m o u n t o f C liioago A A lt o n p u r ch a s e m o n e y
o e rtlilo a te s a t par.
•/. I h - ce rtifica te s o f su b scrip tio n t o th e se cu ritie s o f th e St. L ou is
A N o rth e rn s h o r t L ine, on e a ch o f w h lo h * 3 ,2 0 0 h a s b e e n p a id , t o b e
p u rch ased fo r $ 3 ,2 0 0 each , p a y a b le In fu ll p a id C h io a go A A lto n p u r ­
ch a se m o n e y ce rtifica te s at par. T h e se c e rtific a te s a re t o b e p a r t o l
th e c e rtifica te s o r ig in a lly issu ed b y th e U n ited S ta tes T ru st C o m p a n y

K ay 27, 1899. i

THE CHRONICLE.

u n d er the C h ic a g o A A lto n sy n d ic a te a g re e m e n t o f M a r ch 2 ,1 8 9 9 ,
a n d e n t it le d to in terest fro m M a rch 1 5 , 1899. T h e h o ld e r s o f su b
a orlp tion t e n id ea tes w ill a ls o b e e n t it le d t o r e c e iv e fr o m th e p u r ­
ch a sers, in a d d itio n , $ 10 3 in ca s h fo r ea ch ce rtific a te .

Payments of cash and deliveries of Chicago & Alton pur­
chase money certificates will be made on the delivery of the
certificates to Kuhn, Loeb & Co., *27 Pine Street, New York,
The above terms are available only nntil Jnne 5, 1899, in
elusive. Afrer June 5, 1899, cash only will be paid to the
extent of $100 for each share of Laclede ConsTnction Com­
pany and $3,271 for each certificate of subscription to tbe
securities of the St. Louis & Northern Short Line, and
these cash terms will expire Jane 20, 1899,
“ The holders of a majority o f the capital stock of the
Laclede Construction Company, and a majority o ' tbe certi
ficates of subscription to the securities of the St. Lonis &
Northern Short Line have accepted the above term’ , and the
control of the St. Louis & Northern Short Line enterprise
now passes to Messrs. E. H. Harriman, Jacob H. Schiff,
James Stillman and George J. Goald.”
This transaction transfers to the new owners the contract
made with the Chicago Terminal Transfer Co. for term­
inal facilities at Chicago.— V. 63, p. 976, 5.8.
Chicago it West Michigan R j,—Interest.—The company
will pay the full interest on the con pons dne Jane 1, 1899,
on the 5 per cent bonds. Last December fall cash interest
was paid, bnt a year ago $20 was paid in cash and $5 in 10year coupon scrip,—V. 68. p 976. ’
Chicago Burlington A (Julncy BR.—Purchase Authorized.
—The stockholders on May 20 voted to confirm the purchase
of the f o l l o w i n g lines h-retnfore operated under lease :
Chicago B n-lln gton A Northern Eft. o f WUeonsIn and M innesota,
C hicago Burltnvton A Northern B R . o f n tleol*, American Central Ky.
Co.. Certhage A B urllnston B E . C o , Chicago A Iowa H E Co., ’hloago
A Hock E lver R H .C o .D U o n Peoria A Hannibal R E Co., D ixon A
Quincy KR. Co., Oaleetmrg A B io K B . C o..O tta w a Oewego
E lver Valley, Peoria A Ilannlhal, Q olooy A w an -aw , Qulner A lton A
8t. LonU and 8 t Lou I* R ock laland A C hicago. —V. 68. p. 978.

A Fox

Chicago Indianapolis & Louisville B y,—Richmond
Nicholasvllle Irvine & BeattyrlUe BR.—Supreme Cou>t
Decision.—A t Washington on Monday Justice Brewer an­
nounced the decision of the United States Supreme Court,
reopening the foreclosure proceedings against the Louisville
New Albany * Chicago By. Co., the predecessor of Ihs
Chicago Indianapolis & Louisville By., in the suit o f the
Louisville Trust Co, to hold the property liable for the guar­
anty of tbe bonds of the Richmond Nicholasvllle Irvine &
Beattyti lie R B . Justice Brewer said :
" W e b e lie v e that u n d er the e lro n m s ta n ce e a* p res en te d b y tills
re co rd th ere w ee e r r o r ; th a t the c h a r g e a lle g e d p o s itiv e ly a n d s o p p orted b y m a n y circ u m s ta n ce s o f c o lln -t o a b e t w .c n the s t o c k h o ld e r
a n d th e b o. d h old er, t o p re v e n t a n y b en eficia l resu lt in u rin g b y v lttu e
o f the d e cr e e o f the C o u r t o f the S ix th C ircu it In r e fe r e n c e t o the
g u a ra n tee o b lig a tio n * o f the N ew A lb a n y C o m p a n y , w a* o n e c o m ­
p e llin g In v estig a tion , an d th e o r d e r w ill th e r e fo r e b e th a t th e d e cr e e
o f the C ircu it C ou rt and o f the C o u r t o f A p p e a ls be r e v e rs e d , an d ih e
ca se rem a n d ed t o th e CP c u lt C o a r t w ith in s tru ctio n s t o eet a sid e the
co n firm a tio n o f s a l e ; t o Inquire w h eth er it la tru e as a lle g e d t h a t the
fo r e c lo s u r e p ro c e e d in g s w ere m a d e In p u rsu a n ce o f an a g r e e m e n t
b e tw e e n tb e b o n d h o ld e r a n d s t o c k h o ld e r to p r e s e rv e the rig h ts o f
b o th an d d e s tr o y th e Interests o f on Seen red c re d ito rs , an d th a t If 11 sh all
a p p e a r th at s o b w a s i ho a g re e m e n t b e tw e e n th ese p a rties, to r e fu s e
t o p erm it the c o n firm a tio n o f s a le u n til th e Interest* o f u n se cu re d
c re d ito rs h a v e b een p re s e rv e d ."

Justice Peck ham diaeen ted from the judgment. It ia
claimed for the reorganized company that no evidence will
be found to an?tain the allegation as to an agreement be­
tween the boodnoldera aud stockholders. In the bond­
holders' agreement with the reorganization committee it is
simply provided that the stockholders may have preference
until the time fixed, Jan. 1, 1897, to subscribe for the new
stock of the new company. The provision of the agreement
is thst the committee will allow the holders of the old stock
extinguished by the foreclosure the first opportunity to sub­
scribe for the new stock. A significant fact is that only
abont one-half o f the old stock subscribed, showing that
the right was not generally considered valuable.
Under the decision just rendered it would appear that
bondholders are prohibited making any agreement with
stockholders. Toe effect of such a decision would be to pro­
long indefinitely foreclosure proceedings and to deprive a
property o f the support of thoee most likely to invest in its
securities. As to the history o f the case, see Y. 63, p. 269;
V. 62, p. 1179.-V, 88, p.823, 872.
Chicago Telephone Co.—A'ew Stock.—The directors have
decided to sell 6.635 additional shares o f stock, making the
entire amount outstanding $5,000,000, the full amount au­
thorized. They have also, it ia stated, decided to recommend
that the capitalization be increased to $15,000,000, the new
stock to be offered to stockholders at par from time to time,
as required for extensions and improvements.—V. 68 p. 2-9.
Citizens’ Street By. Co.—Indianapolis Street KR.—E x
change o f Stock,—Notice is given that for each twenty shares
of Citizens stock deposited there wili be delivered a $1,000
four per cent general mortgage gold bond of the Indianapolis
Street RB Co. and $200 stock of said IndiauapolisStreet. R R
Co, The new securities are ready for delivery at the office of
the Guarantee Trust & Safe D*t»oeit Co., Philadelphia.
On Ph ladelphia “ Unlisted,” —The company’s $3,000,000
common stock and $3,750,OOu general gold 4s, due January,
1933. have been admitted to dealings on the unlisted depart­
ment of the Philadelphia Stock Exchange—V 88, p. 927.
Colorado & Sonlhern Hallway.— Listed.—The New York
Stock Exchange has listed $17,500,000 first mortgage 4 per
cent gold hoods of 1929 and voting trust certificates for

1028

$8,500,000 first preferred stock, $8,500,000 second preferred
stock and $30,995,0''0 common stock. The offi jial statement
made to the Stock Exchange in connection witn the listing
of the securities will be found at length on * subsequent
page. It sets forth very fully the facts regarding this re­
organized property.—V. 68, p. 570.
Col -ratio Fuel & Iron Co.— Projected Badroad,—The Col­
orado & Wyoming Ry. Co., capital, $100,000. has been incor­
porated by J. A. Kebler, John L Jerome, D. C. Beaman,
F. Wilde, Jr., and George W. Bowen, all officers of the Col­
orado Fuel & Iron Co. The new comnany will operate the
railroads belonging to the Colorado Fuel & Iron Co., con­
ned ing its works about Pueblo. It will also build a piece of
road about 16 miles in length from a point near Badger on
ihe Colorado & Southern RR. to the iron mines near Hartville, which tbe Colorado Fnel & Iron Co. has recently
leaved. No bonds will be issued,—V. 68, p. 935.
Columbns Sandusky & Hocking R R .-S a le Set Aside.—
Judge Smalley at Bucyrus, Ohio, on May 20, s»t aside the sale
of the road, which took place on Oct. 19, 1895, just prior to
reorganization under the present title. The vale was asked to
bs annnlltd on the following grounds: (I) That of the pur­
chase price o f $1,500,000 only part was paid; (2) that the
Court confirming the sale had no jurisdiction over the Shaw­
nee Branch, and (8) that the road as at present constituted ia
an unlawful combination of two lines that are separated by
20 miles o f leased road. The case will be appealed.
fietc Receiver.—On Thursday Jadge Smalley, in the State
Court at Bucyrus, appointed Nicholas Monsari at (President
o f tbe .Hocking Valley Railway Co.) receiver o f the Colum­
bus Sandusky & Hocking RR. in place of S M. Felton. The
new appointee, however, was ordered by Judge Smalley to
apply to Jndge Taft in the Federal Court for possession, and
it is expected that the question will come up next week.—V,
68, p. 771.
Consolidated Gas Co. o f New York — Dividend Reduced.
—The company yesterday declared a quarterly dividend of
l lA per cent (payable June 15) in place of 2 per cent as here­
tofore. The redaction is explained as due partly to the gas
war and partly to the Ford bill.—V. 68, p. 871.
Denver City Tramway.—Ct'y Authorities Enjoined.—
Jadge Hallett, of the United StateB Circuit Conrt, yesterday
granted a temporary injunction on the application of the
Mercantile Trust Co of New York, mortgage trustee, re­
straining ihe Board of Supervisors of the City of Denver
from voting on tbe ordinance, already passed by the Aidermen, repealing the company's perpetual blanket franchise.
A motion to make the injunction permanent will be argued
Jane 1.—V. 88, p. 478,
Detroit 81root R ill ways.—Report o f Commission.—The
municipal street railway commission, appointed to purchase
and operate all the street railways in the city, made its first
report to the Common Council on Mav 23. The commission
-tales that it deems it advisable to defer submission of the
terms of the purchase to the Council and people nntil the
suit now pending in the Supreme Court to test the validity
o f the law under which the purchase is contemplated is
deeided. A press despatch says:
T h e p u rch a se p rle o f o r the ro a d s, a s p r a c t ic a lly a g re e d u p o n , Is r e ­
p o rte d a« # 1 8 ,8 0 0 ,0 0 0 In b o n d * , # 0 0 .0 0 0 In b o n d s t o he tu r o e d baok
in the e o m m l.« lo n as a s a fe ty o r w o r k in g fu n d . A n een rlty fra m bias
is p rn pp sod to b g iv e n th e o -m p anios to ran JO y e a rs, w ith p riv ile g e
o f e x te n s io n fo r n o t to e x c e e d 18 y e a r* If the c it y h a s n o t hen p a id
fo r ih e roa d s o u t -o f the e a r n in g s th e re fro m a t t h r -e ce n t fa re s from
the ou tset, the rate* o f fa ro u n d e r the s e c u r ity fr a n ch is e t o re m a in as a t
ir sent b oth on th re e o»-nt and fiv e o e n t lin es. T he se c u r ity fra n ch ise
s t o a lt o p r o v id e f o r te n t ick e ts f o r a q u a r te r f o r so h o o l ch ild re n .

f

The commissioners believe, however, that ia case of an
adverse decision by the Supreme Court, they have “ a plan
which, if acceptable to the ownera o f the railways and ap­
proved by the Common Council and electors, would
es&Ue the people of Detroit, even in advance of the decision
of the Supreme Court, if desired, to avail themselves of such
advantages under private ownership surrouud-d by such
safeguards as will protect the people in their m joym ent
until the power shall be secured to enter upon municipal
ownership and operation if such power does not now exist.
The plan is to have the commissioners organize a corpora­
tion to purchase the street railways on the terms agreed
upon, and to manage the properties until the city can legally
become the owner of the street railways. The plan is de­
scribed as similar to that followed in the case of the Capital
Electric Co. at Springfield, ILL, the laws of Illinois not per­
mitting cities to conduct a commercial lighting business.
Y. 88, p. 926,
Dominion Coal Co.—Called Bonds.—The following 6 per
cent first mortgage bonds due Man. h 1 1913, have been drawn
for payment, viz,: 51 bonds for $1,000 each and 15 bonds for
$5* 0 each. The said bonds will be paid at the office of the
New England Trust Co. in Boston on presentation, at 110
and accrued interest, the interest to cease June 1 1899.—V.
68. p. 427.
Erie Telegraph & Telephone Co.—Listed.—The New
York Stock Exchange has listed $2,00 ',090 additional collat­
eral trust 5 per cent gold debenture sinking fund coupon
bonds o f 19i0, for $1,000 each, making total amount listed to
date, $3,900,000 ($95,000 bonds having been retired by sink­
ing fund). Against the entire iame of $4,000,000 bonds certi­
fied to, the Trustee holds as collateral $1,195,100 Cleveland
Telephone Co. stock, $2,581,2(0 Northwestern Telephone
Exchange Co. stock, $2,228,700 Southwestern Telegraph &

1024

THE CHRONICLE

Telephone Co. stock. The entire paid-up capital of the re­
spective companies is at present as follows : Cleveland Tele­
phone Co.,$1,400,000: Northwestern Telephone Exchange Co.,
$3,700,000; Southwestern Telegraph & Telephone Co., $4,429,$00 . The percentage of total capital stock of each subcompany owned by the Erie Telegraph & Telephone Co. is
as follows: Cleveland Telephone Co.. 70 83 per cent; North­
western Telephone Exchange Co., 78*91 per cent; South­
western Telegraph & Telephone Co., 70 per cent. All the
subordinate companies are kept free from bonded debt as
provided in the trust deed.—V. 68, p. 979.
Flint & Pere Marquette RR.-—’ hicago & West Michigan
B y,—Detroit Grand Rapids & Western RR.—Consolidation.
—A plan for the consolidation of these companies has b en
formulated by a committee consisting of William W . Crapo,
Mark T. Cox, John M. Graham, Charles M. Heald, Charles
Merriam, Oliver W. Mink, Thomas F. Ryan and Nathaniel
Thayer. The directors of the three companies have approved
the plan and the committee has agreed to act in carrying it
ont. The plan provides that the new company shall be
authorized to issue common stock, $16,000,000; 4 per cent
non-cumulative preferred stock (the issue to be subject to in­
crease only with the consent of a majority of each class of
stock), $12,000,000.
The $24,811,465 existing bonds and
$533,000 equipment obligations of the three companies are not
to be disturbed for the present. The company may, how­
ever, create a consolidated mortgage to secure an issue of 4
per cent bonds, and providing, among other things, for the
ultimate retirement of part or all of the existing bonds and
car trust obligations. The amount of bonds which m aybe
issued under such mortgage shall be fixed by the committee.
The shares of the old companies will receive :
F lin t & P ere M arquette p referred , n e w p re fe rre d d o lla r fo r d ollar.
F lint Sc Pere M a i^ u ette oom m on , $ 1 2 5 n e w co m m o n fo r $ 1 0 0 old.
Detr- It G rand R apids
W estern p referred , $ 1 2 0 n e w p referred fo r
$ 1 0 0 old .
D etroit G rand R a p id s & W estern oom m on , n e w oom m on d o lla r fo r
d ollar.
C hioago A W est M ich igan stock , n e w e om m on d o lla r fo r d ollar.

The above exchange will require $10,162,200 of the preferred
and $14,145,500 of the common stock of the new company,
leaving to he sold or to remain in the treasury about $1,837,
800 new preferred and $1,854,450 new common. The plan
can be declared operative when a majority of the stock of
each of the three companies has been deposited.
The shares of stock of the several companies must be de­
posited on or before June 20, after which date deposits will
be received only subject to snch terms as the committee may
from time to lime impose. See notice in another column.—
V. 68, p. 976.
Ford Franchise Tax B ill.—Substitute Bill Passed.—On
Thursday the New York Legislature, in special session as­
sembled, passed the substitute proposed by Governor Roose­
velt for the Ford Franchise Tax Bill. The new bill applies
to the same class of companies as the original bill (see Y. 68,
p. 888), and like it taxes franchises as real estate. The later
Act, however, provides that “ the State Board of Tax Com­
missioners shall annually fix and determine the valuation of
each special franchise subject to assessment.” The new bill
further makes allowance as follows for existing taxes on
gross earniugs, etc.:
I f it shall a p p ea r th at th e p erson , cop a rtn ersh ip , a ssocia tion , o r c o r ­
p ora tion affected has p aid to such c ity , tow n , o r v illa g e fo r its e x c lu s ­
iv e use w ithin the n e x t p re ce d in g \ ear, u n d e r a n y a g reem en t th ere­
fo r, o r un der any statu te req u irin g the sam e, an y sum b a a -d up on a
perceD tage o f g ross earnin gs, o r an y oth er in com e, o r an y licen se fee.
o r an y sum o f m on ey on a c c o u n t o f suoh sp ecia l fra n ch ise, granted to
o r p ossessed b y suoh person, cop a rtn ersh ip , a ss ocia tion , o r c o r p o r a ­
tion, am ounts so p aid fo r tho e x c lu s iv e use o f suoh c ity , tow n , o r v il­
lage. e x c e p t m o n e y paid o r e x p e n d e d fo r p a v in g o r rep a irin g o f p a v e ­
m ent o f any street, h lgh w a , o r p u b lic p la ce, sh all be d ed u cted from
any tax ba sed on the assessm ent m a d e b y the s ta te B oard o f T a x
C om m ission ers, fo r city , tow n , o r v illa g e p u rp oses, b u t n o t o th erw ise;
and i he rem a ind er shall b e th e t a x o n su oh sp e cia l fra n ch ise p a y a b le
f o r e lty , to w n , o r v illa g e p urposes.

It is predicted that the revenue from the new Act will be
from $15,0011.000 to $17,000,000, as against $22,000,000 which
the original Ford bill would have produced. The Act will
take effect on the let day of October, 1899. The Governor
signed the bill yesterday.—V. 68, p 871.
General Electric Co.—Wcstinghonse E lectric & Manu
factoring Co.—Dividend on General Electric Common.—The
directors of the General Electric Co. on Monday declared a
dividend of \% per cent on the common stock, payable July
15 to stockholders of record June 30. This is the first divi­
dend declared on the common shares since the reduction of
the capital stock from $34,712,000 to $20,827,200, of which
$18,276,100 is common stock.
General Electric's Demurrer Sustained. - A t Utica on M in­
day .Jndge Coxe filed his decision sustaining the demurrer
of the General Electric Co. in the suit filed last March by the
Westing bouse Company. Judge Coxe says in part:
fn xrd lr iff, ho we
them Ule fllt atl
signed.

luting licen sees.

A s to

T hey <rifclnrd no new lig h ts and lo s t no oxistino n t r a c t was
nff rig h ts iv
o f the »ff (vernent betw een th eir p rin cip a ls.
T h a t tlie defendl
so!d the rn u tip h a se a p p .ra tu s to its N ew Y o r k ll'
8
d ispu te. It ca n d o so n ow
n t i t - 11 n o t m ake su ch sales. T h e a g reem en t
ain for inch a c o v e n a n t. In m a k in g the sale
arch l . 1* 90. the
it taken t
isk now” 1 t0° k th6 r,8k ° f
ln frln * e'
rt nnrterot and* th
th e c o m p la in a n t d oes n o t p re te n d th a t
is an e x p r e
o v e n a n t n ot to sell, b u t it is argu ed
m ay be lm
ed.
^
In o rd er to reach suoh a con-

[VOL. LXVIII.

stru o tlo n it is n e c e s s a ry t o to rtu r e th e p ro v is io n th a t sa les b y d e fe n d ­
ant to th e N ew Y o rk c o m p a n y o f m u ltip h a se a p p a ra tu s sh all n o t b e
deem ed t o be a u th o riz e d b y the a g re e m e n t, and th e p r o v is io n th a t
su ch a p p a ra tu s sh a ll n o t b e lloen sed un der th e T e sla p a te n ts in to a
p o s itiv e c o v e n a n t that d e fe n d a n t w ill n o t m a k e su ch sales. N o ru le
o f In terp reta tion fa m ilia r to th e C o u r t w ill p e rm it th is to b e d on e.
T here is a v a s t d iffe r e n c e b e tw e e n a p r o v is io n w h ioh d e clin e s to sa n c­
tio n an a ot an d o n e w h ich fo r b id s It. T h e o n e is p a s s iv e a n d in e rt;
the o th e r a c t iv e an d e n fo r o lb le .—Y. 6 8 , p. 571.

Grand Rapids Bolding & Saginniv HR.—New Mortgage.
—This company, which has acquired the Lowell & Hastings
RR., extending from Lowell to Freeport, Mich., 13 miles,
and proposes to extend the line from Lowell to Balding,
Mioh, 17 miles, has made a mortgage for $260,000 to the In­
ternational Trust Co. of Boston, as trustee.
Houston St Texas Central Ry.— Purchase Authorized.—
Governor Sayers has authorized the company to purchase
the property and franchises of the following companies :
C entral T e x a s & N rth w e st^ rn R y ., w h ich is 12-31 m ile s in le n g th ,
a n d lias o u ts ta n d in g $ ;0 0 ,0 0 0 -took a n d $ 1 8 0 ,0 ' 0 b o n d s .
F o r t W o h & N e w O r ea n s R y., w h ic h is lO'O m ile s lo n g , a n d
has o u tsta n d in g $ 3 0 0 ,0 0 0 s t o ck n d $ 7 0 0 ,0 0 •in h o a d s .
L a n o a st r T a p RR .. 4 7 6 m iles in len g th .
A u stin & N orth v estern R R , w h ich is 106*66 m ile s in le n g th , a n d
h a s o u ts ta n d in g $ 1 ,0 1 6 ,0 0 0 sto o k a n d $ 1 ,0 2 0 ,0 0 0 b -nd*.
G ra n ite M ou n ta in & M arble F alls R R ., w h ioh is 6-69 m ile s in le n g th
an d its s to ck , b o n d s and v a lu a tio n a ra e m >racsd In t h o s e o f th e
A u stin & N orth w estern R R .

The aggregate length of all these railways is 171 37 miles.
The aggregate amount of their stock and b mds is $4,325,000.
Their aggregate value, as fixed by tue Srate Railroad Com­
mission, is $2,533,891. The A ct provides that the Houston &
Texas Central Ry. Co. may issue additional bonds to the
amount of tbe value as so fixed.
A suit is pending in the State District Court at Austin to
forfeit the charter of the Austin & North western Railroad
Company, on the ground that the road has been substantially
consolidated by the Southern Pacific Company of Kentucky,
which is the owner of nearly all of its stock, in violation of
sections 5 and 6 of article 10 of the State Constitution. The
act provides that if the H raston & Texas C ntral shall pur­
chase the Austin & Northwestern, it shall do so subject to
all the rights of the State as determined by said suit. The
Act further authorizes the construction of a rai road from a
connection with the Austin & Northwestern RR. in Barnet
County to the town of Lampasas.—Y. 68, p. 871
International Navigation Co.—New Directors.—William
L. Elkins and P. A, B. Widener of Philadelphia, have been
elected directors of the company. They are said to have
recently acquired a large block of the company’s stock.—V.
68, p. 671.
International Silver Co.— Purchase o f Middletown Plate
Co.—The Middletown Plate Co., capitalized at $250,000, has
been purchased for cash by the International Silver Co.
Coupons of the International Silver Company’s 6 per cent
gold mortgage bonds due June 1 will be paid on that date by
lhomas Post, 71 Broadway.—V. 68, p. 334.
International Traction Co. o f Buffalo, etc —Official
Statement.—This company, recently organized, has acquired
the Buffalo street railways, the railway s leading from Buffalo
to Niagara Falls and Lockport and tbe Niagara Falls Rail­
way and Suspension bridges, as well as the Canaiian trolley
road. The capitalisation of the company is to be $5,0 0,000
4 per cent preferred stock and $15,00 ,0'Ocommoo. There
will also be an issue o f 4 per cent collateral tru-t bonds, but
particulars are not yet available. Tbe bo- d issues of the
constitu-nt companies are not to be disturbed at present.
The follow irg is a list of these constituent companies, with
their ou'standiDg securities :
vam es o f companies.
B u f f a l o P r o p e r t ie s —
B u ffa lo R a ilw a y C o ...................................
C ro ss-to w n S tre e t R ’ y C o. o f B u ffa lo. .
T he B o ffa 'o Traoti-m C om p a n y . . . .
I n t e r -U r b a n Pr o p e r t i e s —
B u ffa lo B e lle v u e & L a n ca ste r B y . C o ..
B u ffa lo & N ia g a ra F alls E le c tr ic R y . . .
B u ffa lo <ft L o c k p o r t R a i l w a y . . . . ...........
E lm w o o d A v e . & T o n a w a n d a E leo. R y .

E xisting
bonds.

$=►,370,500
2 ,8 6 0 ,0 0 0
6 0 0 ,0 0 0

21\000
8 6 ,0 0 )
5 0 u ,0 0

9 0 ,0 0 0
' ,2 5 0 ,0 0 0
1, 0 0 ,0 0 0
1 4 ,1 2 5

Tonaw anpa P roperty—

B uffalo T o n a w a n d a & N ia g a ra F a lls
E ie ctrio R a ilro a d C o m p a n y .................

1 ,5 0 0 ,0 0 0

N ia g a r a F a l l s P r o p e r t ie s —

N iagara F alls & Suap’ n B rid g e R y . Co.
N ia g a ra F alls W h irlp o o l & N orlTn R y.
I n t e r n a t io n a l R r id o k P r o p e k t r s —
a N ia g a ra F al-s Suap’ n B rid g e C o . . . )
6. C lifto n S u sp en sion B r id g e C o ......... (
a. L o w i-to n C o n n e ctin g B r id g e Co. . )
b. Q u een ston H e ig h ts B ric.ge C o .. . (

E xisting
stock.

,0 8 3 .^ 0 0
2 ,8 <0.000
6 0 0 ,0 0 0

5 1 8 ,0 0 0
2 1 ,5 0 0

6 0 0 ,0 0 0
5 0 ,0 0 0

3 0 0 ,0 0 0

4 0 0 ,0 0 0

1 2 5 ,0 0 0

4 0 0 ,0 0 0

6 0 0 ,0 0 0

6 0 0 ,0 0 0

C a n a d ia n P r o p e r t y —

N ia g a ra F a lls P a rk & R iv e r R y ............

T o ta l ..................................................................... $ 1 2 ,6 3 0 ,0 0 0 $ 1 4 ,7 3 9 ,6 2 5
O lllcers—P re s id e n t, W C aryl E ly ; V ic e P re st., D aniel S. L a m o n t;
8eo. and T rea s., R ich a rd F.
au k lu e: G en. M a n a g e r, Kurt V a n H o rn
i E 5*‘ °Ll ,,v e c <,m '
— Clias. II. C oster, F ra n cis L yn d e S tetson , D an lul S. L araon t an d »Vin. B. R a n k in e o f N ew Y o rk : W O arvl E lv and
Y . rt8 ,p .U^ . r 5 ? ri BUffal0: a n d T ' ° 6 W U t C ^ U e r . 'f P h i r a d e l p h i a L I IJ

-

lv

|Vll#__-it,

i iU+llL&Ul/llSIli

Notice —1
The commit ee of which Wiil'r'm F. Harrity is
chairman makes the fo lowing annouucemeu- ;

Y o u r co m m itte e d o -m u it essen tia l fo r th e p r servat’io n o f th e v a lu e
0 f 5'f>,u r £e o u rltle " —
t- th a t th e se cu ritie s c o y , r in g th e m a in lin e
1 !ruK,aiaSI18 A tv a n d P o rt A rth u r terrnln d s lie i b w m e rg e d a n d
c o n s o lid a t e d u u d e r o n e m a n a gem en t; s e c o n d , th a t suoh m a n a ge m e n t
aD<1 ln 5 '° ';r in te te st a lon e. Y o u r p ro p e r ty is o f g re a t
v a lu e. I t has an a ssu re d an d a v e ry la rg e e a rn in g p o w e r. I n the
c o n s o lid a tio n w e e x p e o t t o re o e iv e th e s u p p o r t or tu e fo r e ig n h o ld e rs
o f all the se c u r itie s a ffected . T h e fo r e ig n h o ld in g s a re , w e are in ­
form ed , a m a jo r ity o f the w h o le . Y o u r c o m m itte e ask s th e h o ld e rs o

May 27, 1899]

THE CHRONICLE

t i e s e cu ritie s o ! t i c m a in lin e a n d te rm in a l c o m p a n ie s to fu rn is h
t h e ir a d d ress es a n d the a m ou n ts' o f t h e ir r e s p e c t iv e h o ld in g s t o th e
ch a irm a n , ca re o f E q u ita b le T ru st C o m p a n y o f P h ila d e lp h ia . T h e y
trill th e r e a fte r be p r o m p tly In fo rm e d w h e n the p la n Is r e a d y fo r
p u b lic a t io n .—V . 6 8 , p. 8 7 1 .

Lehigh Coal A- Navigation Co.—Listed in Philadelphia,—
There have been listed on the Philadelphia Stock Exchange
$1,185,000 series “ A ” funding and improvement 4 per cent
gold bonds dne July 1 1918. Fall particulars regarding the
loan were in V. 86, p. 1189 (under Delaware Division Canal)
and V. 67, p. 125. The proceeds o f the bonds now listed, to­
gether with other moneys, were used in taking up §480,000
Delaware Division Canal Co. first mortgage 6® bonds ma­
turing July 1, 1898, but extended to July 1, 1948, and depos­
ited with the trustee as additional security for the funding
and improvement loan; also, in taking up a mortgage of
$320,000 on coal lands west Of the Little Schuylkill River,
upon which coal lands the funding and improvement bonds
are now a first Hen; and to pay $620,000 construction account
dne the Central Railroad Company of New Jersey for con­
struction work prior to July 1, 1893. An additional $1,000,000, Series " A ,” issued by the trustee, Jnly 1, ’ 898, are re
served in the treasury to provide for floating debt and work­
ing capital. —Y. 68, p. 568.
Long Island RR. Brooklyn Rapid Transit Co,—AVu’
Route to J'lmaiea. —The new route to Jamaica over the
Brooklyn Elevated and Long Island RR. was to be opened on
Tuesday, but the city authorities in charge of the bridge de­
clined to allow the Long Island trains to cross the Brooklyn
Bridge. It is believed the matter will shortly be arranged.
Daring the rash honrs express trains will be run from
Jamaica to the Brooklyn Bridge on five mlDntes' headway,
the running time being thirty minutes.
Mortgage Filed —The Long Island R R. Co. has filed its
mortgage for $45,000,000 in favor o f the United States Mort­
gage & Trust Co as trustee. See advertisement in last
week’s C hronicle —V. 68, p. 975, 977.
Manufactured Rubber t o .—On Unlisted in Philadelphia.
—The company’s 20,C00 shares of preferred stock, par $50,
$10 paid, and 100,000 shares of its common stock, par $50,
fall paid, have been admitted to the unlisted department of
the Philadelphia Stock Exchange. The company’s office is
in the Drexel Building, Philadelphia.
See last week’s
C h r o n i c l e . — V. 68. p, 977.
Missouri Pacific By.—St. Louts Iron Mountain & South­
ern Ry.—Meeting to Authorize New Securities—The stock­
holders of the St, Louis Iron Mountain & Southern Itv. Co.
will vote June 26 npon the following proposals : 1. To in­
crease the capital stock by the amount o f $10,000,000. 2, To
increase the bonded indebtedness by the amount o f $40,000,000 for the purpose o f making provision for retiring the 5 per
cent gold funding notes and the Iron Mountain Car Trust
certificates of the company, and for acquiring the second
mortgage bonds of the Texas & Pacific Railway, etc. The
purposes to which the new loan will be applied were de­
scribed at length in V, 68, p. 619.—V. 68, p. 824.
National Light & Power Co.—Incorporated. —This com
pany was incorporated at Trenton. N. J.. on May 3 with au­
thorized capital stock of $15,000,000. Incorporators: Karl
Roswell Miner, of New York; Frederick L. Austin, of Jersey
City, and Frank V. Dobbins, of Rahway, N. J. New Jersey
address, 26 Washington St., Jersey City.
National Tnbe Co,—Consolidation Practically Consummat­
ed.—The consolidation of the tnbe and pipe manufacturers
was virtually consummated on Thursday. The new com­
pany will be known as the National Tnbe Co. and will be
authorized to issue; Seven per cent cumulative preferred
stock, $40,000,000; common stock, $4 0 ,( 00,000. The quick
assets, including cash, are reported as over $14,000,000. The
new company will inclnde thirteen companies as follows:
N atlosaJ T u b e W ork* C o.,
R lvera M * Ir o n W ork s,
P e n n * ;lr a z ii»
rjo.,
A m erica n T u b e a n d I r o n C o.,
N a tion a l G alvanl& lB g C o.,
C heat«r T u b e A Ir o n C o.,

O oh oe* T n b e W ork *,
S y ra cu s e T u b e C o.,
AJUson M a n o f’ ir Co. (T a b * M ills),
M orris T a s k e r A C o. (D e l.I r o n C o .),
O h io Tul*e C o.,
O il W ell S u p p ly C o ^ C o n tln ’ lT .W .) .

Oil City Tube Co.,
The above properties are said to represent about 90 per
cent of the entire industry in this country and to have an aggregate annual output of 1,200,001 tons, The officers elected
Thursday are

D l r r o t o n —J o sh u a R h od es, J . J . V s n d e r g r lft. W illia m B. R h o d e s,
?'
*• v »n e e . J o h n E a to n , F ra n cis L P o tts , F. R. T o b v y ,
J o n a th a n R o w la n d ; Daniel O 'D a y . A. 8, M a th eson . O. O. E a rn er,
H en ry Air<l. J o h n D on , E d m u n d C. C o n v e rs e . H ora ce C r o s b y , W m .
Xeltm n C rom w ell, D . W . H lteh oook , A. F. L u k e, W. J . C nrtls.
O m c© r*.~ P resid en t, E d m u n d C. C o n v e rse ; C h a irm an o f th e B o a rd ,
J o sh u a R h o d e * ; M rat V ice-P rea M en t, F. J. H e a r n e : S eco n d V iceP resid en t, H o r a c e C r o s b y ; Til Ini V ice P resid en t, F ra n cis L P o t t s ;
G e n era l M an a ger, A . 8. M a th c s o n ; T rea su rer, N ow Y o rk (A . F. L u k e
o f B oston Is b ein g u rg ed t o a c c e p t this p la cet. A sst. T rea su re r (P itts 6 !e g 1- W m . H. L a t s h a w ; G en era l C ou n sel, S u lliv a n A C rom w e ll.

The bankers financiering the consolidation are J. P. Mor­
gan & Co.—V. 68, p. 616.
New Orleans Brewing Association.—Reorganization
Plan.—This company, whose $1,500,000 of capital stock and
$1,600,000 of 6 per cent first mortgage bonds of 1890 are
listed on the New Orleans Stock Exchange, in in default on
its coupons. The following plan of reorganization was
adopted at a meeting of the bondholders on May 8:
“ The plant beirg offered for sale, we propose that the pres
ent bondholders pool their holdings and bay the plant, in­
viting both the stockholders and creditors to lend their co­
operation. For each $1,000 bond (with June coupon attached)

1025

shall be given $800 in preferred 5 per cent cumulative stock
and $200 in common stock. Shareholders and common cred­
itors contributing $10 per share or per $100 claim to receive
$11 in preferred stock and $80 in common stock; those con­
tributing $5 to receive $5 50 in preferred stock and $40 in
common stock, and those contributing nothing, but who
nevertheless join in the plan, to receive $20 in common stock
as a consideration for their friendship and good-will.
“ Whatever money is required, to he procured by mortgage
upon the plant, the maximum amount not to exceed $600,000.
“ The preferred stock is to be entitled to the selection of the
majority of the hoard o f directors, and in case of liquida­
tion Is to have a prior lien on the assets of the corporation to
the extent o f par, and any excess to go to the common stock
until it also shall have received par, and anything remaining
to be divided equally amoDg all the stock. ’ After the divi­
dend on the preferred stock shall have been paid, before any
dividend on the common stock can be declared a sinking
fund of $20,100 per annum is to be provided for the redemp­
tion of the bonded debt.
“ Reorganization having taken place, the preferred stock
will have the right to decide by a majority vote of threefourths to sell the plant, and in case the net amount realized
from said sale should be par or more of the total issue of
the preferred stock, then the common stock is to receive oneeleventh of the amount so received; should the net amount
realized be 90 per cent of the preferred stock two-twentyftfihs of said amount is to go to the common stock; and in
case the net amount realized be 80 per cent or less o f the pre­
ferred stock, then one-sixteenth of said amount is to go to the
common stock; finally, should the net amount so realized
exceed par of the preferred stock by 10 per cent or more, then
the preferred stock is to receive par, the common stock 10
per cent and the remainder is to be divided equally among
all the stock.”
Thu plan is signed by George Q. Whitney, F. J. Gasquet,
F. Yatter, M. Abascal, Chaa Hernaheim, G. Ad, Blaffer and
Fernand Lapeyre, ex officio.
New York Electric Vehicle Transportation.—Instal­
ment,—The second $5 Instalment on the outstanding shares of
$100 each was payable, it is stated, on May 8. making the
shares 10 per cent paid. The authorized issue is $25,000,000,
of which $15,000,000 is understood to be outstanding.—Y. 68,
p. 129.
New York fins & E lectric Light Heat & P ow er Co.—
Bonds Offered.—The Central Trust Co., by advertisement on
another page, invites subscriptions at 110J-£ and accrued inter­
est from June 1 to $5,000,000 of the company’s $15,000,000
first mortgage ">0year 5 per cent gold bonds. President
Anthony N. Brady, of the New York Gas & Electric Light
Heat & Power Co., says in Bnbstance;
T h U c o m p a n y o w a i o r c o n t r o l* the fo llo w in g c o m p a n ie s , v iz : T he
M oun t M o r n - E le ctrto E igh t O o., the N orth R iv e r E le c tr ic L ig h t &
R o w e r C o ., the N ew Y o rk H ea t L ig h t A P o w e r C o., th e Y o n k e r s 'Elec
trio L igh t A P o w e r C o ., the B o r o u g h o f M a n h a tta n E le ctrto C o., th e
B lo ck L ig h tin g A P o w e r Co. N o. 1, th e M an h a tta n L ig h tin g C o ., the
C o n so lid a te d T e le g r a p h ic A E le c tr ica l S u b w a y C o., and the E d is o n
E lectrto n ia m la a U n g C o , o f N e w Y o r k , it* e q u ity In the E dluon C om ­
p a n y o v e r an d a b o v e the p u rch a se m o n e y m o rtg a g e g iv e n b y It th ere­
f o r la e stim a te d a t n o t less $ IO ,0 0 0 ,0 0 0 .
B y sp e cia l a c t o f the L e g is la tu re th e b u sin e ss o f tra n s m ittin g all
e le c tr lo cu rre n t* in the b o r o u g h s o f M a n h a tta n and th e B r o n x In the
C ity o f N ew Y o r k fo r ligh t, hea t and p o w e r , w h e th e r fo r co m m e r cia l,
d o m e s tic, o r m u n icip a l p u rp o s e * . Is u n d e r a c o n t r a c t w ith the c ity ,
d a ted A p ril 7 ,1 8 8 7 , a n d w h ich has b een re p e a te d ly ra tllied an d c o n ­
firm ed b y su bsequ en t le g isla tio n , re q u ire d t o b e c a r rie d o n b y m ean s
o f c o n d u c to r s p la ce d u n d e r g r o u n d In th e s u b w a y s o f th e S u b w a y
C o m p a n y , o f w h ich this o o m p a n y o w n * n e a rly the e n tire c a n lu u
sto ck , i t n o w has In th e B o r o u g h o f M an h a tta n n e a rly 8 0 0 m ile s o f
sn b w a y s fo r h ig h -ten sion c o n d u c to r s , c o n s tr u c te d a t a c o s t o f u e a rly
$ 6 ,5 0 0 ,0 0 0 (h a v in g an a n n u a l re n ta l v a lu e o f n e a rly $ 7 5 0 ,0 0 0 ),
th rou g h w h ich the h igh te n sio n e le c tr ic a l bu sin ess o f th e o ity is c a r rie d
o n b y m e a n s o f 7 5 0 m ile s o f c o n d u c to r s p la ce d th erein ; b e sid e s w h ich
th e lo w -te n s io n c o n d u c to r s o f the E d is o n sy ste m h a v e In a c t iv e use
u e a rly 3 5 0 m ile s o f s p e cia l tu b in g a n d ca b le s. T h is o o m p a n y p os****** In p e rp e tu ity v irtu a lly the e x c lu s iv e rig h t to c a r r y th e ca b le s
am i w ire* used In a ll th e e le c tr lo lig h tin g , h e a tin g , an d p o w e r b u sin e ss
o f the c it y , w h ich rig h t b e co m e s m o re v a lu a b le y e a r a fte r y e a r as the
d em a u d fo r e le c tr ic ity , e n te rin g a s It d o e s Into a lm o s t e v e r y b ra n ch o f
c o m m e r cia l life a n d In d u s try , Increases.
T h e p r o p e r ty In clu d es n o t m e re ly v a lu a b le rig h ts , fr a n ch is e s an d
co n tra cts , b u t the g o o d w ill o f e x is t in g bu sin ess, m a k tn e im m e d ia te
retu rn ce rta in , an d w h ich In the n ea r lu tn re Is c a p a b le o f g r e a t a n d
a - so re d e n la rg e m e n t. B v re a so n o f th e c o n s o lid a t io n , m arked e c o n ­
o m ie s an d In cre a se d fa c ilit ie s In o p e r a tio n ca n b e Im m ed ia tely e ffe cte d
and Its re v e n u e s la r g e ly Increased . T h e v a lu e o f th e co n s o lid a te d
p ro p e r tie s w o c o n s id e r ta lly e q u a l t o th e p a r v a lu e o f th e o a p lta l s t o ck
a n d o f th e b o n d s o f this c o m p a n y , an d th e ir e a r n in g c a p a c ity w ill b e
m o re than su fficie n t f o r th e p a y m e n t o f a ll its In te re st o b lig a tio n s.

The stocks, bonds and other property securing the com­
pany’s issue of bonds were described in the Chronicle of
April 22 and 29, pages 773 and 824.
The Central Trust Company announced yesterday that the
subscriptions to the bonds had been closed, all the bonds
having been subscribed for.—V. 68, p. 928.
Norfolk A Western By.—Listed.—The New York Stock
Exchange has listed $1,512,000 additional first consolidated
mortgage 4 per cent gold bonds of 1990, making total
amount listed to date $24,828,600. The first consolidated
mortgage of 1896 reserved $9,690,511 of bonds to be issued
for new construction and acquisitions and for betterments
and improvements at a rate not exceeding $1,01)0,000 per
annum. The company, since Oct. 1st, 1896, has expended
for rolling stock, replacing wooden trestles with steel struct­
ures, and other such purposes, an amount exceeding $1,783,000, and has applied the proceeds from $1,500,000 of the bonds
now listed to reimbursement of the treasury for such expen­
ditures. The company has no floating debt,— Y. 68, p, 019,

1026

THE CHRONICLE.

Northern P acific Ry.—Listed.—The New York Stock
Exchange has listed $1,151,000 additional prior lien 4 per
cent bonds of 1997, making total amount listed to date $88,921 000. Of the additional bonds $1,000,000 are issued
against part of tbe $ 1.928,04 0 of general first moitgagebonds,
drawn July 14, U98, for the sinking fund, and $151,000 were
exchanged for $131,100 par value of said general first mort­
gage bonds. There are $5,875,000 of general first mortgage
bonds now beld by tbe public, exclusive of those called for
redemption, up to and inclnding May 15, ls99.— V. 68, p. 978.
Oakland Transit Co.—New Bonds.—E. H. Rollins & Co.
are reported to have purchased nearly the entire issue of the
company’s $l,400,0r0 six p. c. gold bonds .—Y. 68, p. 673.
Ogdensbnrg Transit Co.—Rutland R R.—The committee
representing the bondholders of the Ogdensburg Transit Co
announced under date of May 10 that it had accepted
an offer of 70 snd interest for the bonds on behalf of holders,
who sbonld present their bonds at the office of F. H. Prince
Co., Boston. Mass., on May 20. Those so presenting their
bonds received 70 and accrued interest, less one per cent for
expenses incurred bv the committee. The offer was made in
the interest of the Rutland RR., as stated last week.—Y. 68,
p. 978.

Port Norfolk (E lectric) Ry.—Securities Purchased.—A
Baltimore syndicate including, it is stated, stockholders of
the Norfolk Street R R , has purchased a controlling inter
est in the road’s $120,000 stock and $200,0' 0 bonds. The
property is in receiver’s hands. The lin e.it is said, will be
extended by the new owners.—V. 67, p. 957.
Rapid Transit in New York City.—Mr. Orr Re-elected
President.—status.—Alexander E Orr was re-elected Presi­
dent of the Rap’d Transit Commission on Tuesday, and on
Wednesday sailed for Liverpool, to be gone until the middle
of September. Before leaving he expressed the hope that all
obstacles to the construction of the underground railway by
the city would be removed. Mr. Claflin recently resigned
from the Commission to make room for Mr. Orr. On Satur­
day last the Commission sent to Mayor Van W yck a letter
seeking to ascertain the attitude of the administration to the
project, and urging that no other public w rk should be
allowed to take precedence of it. After referring to the new
assessment, the letter says :
“ I t I b h op ed that the c o n stitu tio n a l a m en d m en t to b e v o te d on b y
th e p e o p le n ? x t N ov em b er w l 1 still fu rth e r r e d u ce th e e x is t in g c ity
d ebt s o as to m ake the d e b t lim it n o lo n g e r an o b s tr u c tio n t o ra p id
tra n sit o r t o a n y oth er m u n icip a l im p ro v e m e n t. B u t w hether that
am en d m en t shall be a d o p te d o r n o t, a n d w h a te v e r m a y b e Us effect i f
a d op ted , it seem s to b e cle a r, u p o n th e in fo rm a tio n com m u n ica ted to
us tiy tb e C om id roller. th a t the new assessm ent, w ith the la rg e annual
ln oom e, n ow $ 1 2 ,0 ’ 0 ,0 0 0 o r $ 1 3 ,0 0 0 ,0 0 0 , fr o m sin k in g fu n d -, w ill e n ­
able the city to c o n s tr u c t th e ra p id tra n s it ro a d w ith o u t in te rfe rin g
w ith any o th e r n ecessa ry im p ro v e m e n t.” — V. 6 8 , p . 872.

[Vol. Lxvm,

has consummated the purchase of the Pope Tube W orks of
this city and the Albany, Ind., tube works. This gives the
company thirteen tnbe plants and a complete monopoly of
every seamless tnbe mill in the United 8tates. The name of
the Shelby Steel & Tube Co. will be continued. There are
now about 300 men at work for the Pope Tube Co. The con­
tract provides for the deal to go into effect on July 1.”
The Shelby Steel & Tube Co. was incorpora ted under the
laws of Pennsylvania on Oct 28, 1897, with $5,000,000 capital
stock, and obtained control, it was said, of 87-90 per cent of
the countries ontput.—V. 65, p. 1C25.
Sioux City O’Neill & Western Ry.—Foreclosure Sale.—
The sale is set for May 26 at South Sioux City —V. 68, p. 674.
Southern Railway.— L i-ted .-T h e New York Stock Ex­
change has listed $3,709,600 additional voting trustees' cer­
tificates for preferred stock, making total amount listed to
date $60,000,000, the full amount authorized. “ Said shares
have been issued to provide in part for the co-t of $3,505,700
capital stock [of the total issue o f $3,623 500] of the South
Carolina & Georgia RR. Co., recently acquired by this com ­
pany. The earnings of the South Carolina & Georgia Com­
pany in the fiscal year ended June 30, 1898. exceeded its fixed
charges and rentals by about $132,000.”— V. 68, p. 979.
S outhern States Lumber Co.—Colled Bonds. -F ifte e n
first mortgage bonds numbered 9, 68,69,103,142,175,219,273,
276, 305, 367, 390, 430, 465 and 513 have been drawn for the
sinking fund and will be paid at the rate of $1 025 per bond
wita accrued interest, at the office of the Knickerbocker
Trust Co. on July 1st, 1899, after which date the houds will
case to bear interest.—V . 67, p. 843.
Standard Metal Co.—Consolidation.—The company’s
prospectus was cited last week
The authorized capital
stock will be $5,200,000, of which $1,800,000 will be 7 per cent
cumulative preferred and $3,400,000 will be common stock.
Of the preferred $50,000 will be held as treasury stock.—V.
68, p. 979.
Terre Haute E lectric Street Ry .—Foreclosure Sale June
SI. - Tbe foreclosure sale is advertised for June 21. The
property will be sold free o f all incumbrances, except certain
street assessments, receivers’ certificates, and taxes. The
advertisement says:
In th e e v e n t th e tru s te e s in th e m o r t g a g e o f J u ly 1 ,1 8 9 2 , s h a ll b e ­
c o m e the p u rch a se r o f th e s tre e t r a ilw a y s y ste m , th e y w ill bi- re q u ire d
t o p a y $ 4 4 0 0 0 o f t h e ir b id In cash . In th e e v e n t th e t ru e tce s in the
m o rtg a g e o f J u ly 2 ,1 8 9 4 , sh a ll b e c o m e th e p u rch a s e r o f th e e le c tr ic
lig h t a n d p o w e r an d stea m h e a tin g an d p o w e r sy stem s, t h e y w ill b e
re q u ir e d t o p a y $1 1 0 0 0 o f t h e ir b id In ca sh .—V . 6 8 , p . 9 2 9 .

Terre Haute (In d .) W ater Co .-C u lled B> nds.—N. W .
Harris & Company give notice that the Terre Haute Water
Company has called for payment on June 1st next its entire
outstanding issue of 6 per ctnt first mortgage bonds.
Texas & New Orleans R R.—Consolidation.—Gov. Sayres
Rockaway Electric Ry.—Cross Country (E lectric) RR.— has signed the bill authorizing the acquisition by the com­
Jamaica Bay turnpike Co.—Incorporated.—Tlnse three pany of the Louisiana Western Extension R R ., extend­
companies filed certificates of incorporation at Jamaica on ing from Orange to Sabine River, 6-7 miles, and also of the
Monday. The Rockaway Electric Ry. Co , with a capital of Sabine & East Texas Railway and the Texas Trank R R.,
$250,000, proposes to bnild a double-track road through provided that within five years a connecting line shall be
Rockawav Beach, ending at Hammers Station. The Cross built to form with these last a continuous line of railroad
Country RR.. with a capital of $250,000, intends to bnild a from Dallas, Tex., to the present terminus of the Sabine &
double-track road 15 miles in length, from Willett’s Point East Texas Ry. at or near Sabine Pass. The bill provides
through College Point and Flushing to Jamaica on the Brook­ that the Texas & New Orleans RR. Co. may issue additional
lyn city line. Tbe Jamaica Bay Turnpike Co., with a capital bonds to an amount equal to the value of the property and
of $100,000, will build a canseway seventv-five feet wide the franchises and appurtenances of said railroad as deter­
across Jamaica Bay from Rockaway Beach to “ Old Mill mined by the State Railroad Commission. The hill also
Creek,” near Aqueduct station, a distance of 4 miles, to ac­ provides that the several railways to be purchased, and the
commodate a doable track electric railroad, a driveway and road to be built under its authority, shall not be subject to
a bicycle path.
any mortgages heretofore executed by the Texas & New
Orleans Company.—See V. 67, p. 1309.
St. Louis Southwestern Ry .—Purchase o f Tyler South­
Third Avenue R R. o f New York City.—New Stock.—The
eastern Authorized.— Governor Sayers of Texas has signed
th e bill authorizing the Texas company to purchase the sub­ company has under consideration a plan for issuing at par to
sidiary line known as the Tyler Southeastern Railway its stockholders a large block of capital stock. Edward Lauextending from Tyler to near Lufkin. Texas, a distance of 88 terbai h is quoted as saying that tbe new issue will probably
miles. The stock and bonds of tbe Tyler & Southeastern are amount to something like $20,060,000, about $10,00 .000 cash
all owned by the consolidated St. Louis Southwestern —V beiDg needed to make the change in motive power from the
cable to electricity on the Third Avenue line and the other
68, p. 573.
roads controlled, and a like amount to fund the debt on the
Sandusky (0.1 Was & E lectric Co.—Bonds Offered.-Chas. Union Railway, the Dry Dock & Battery and Forty-second
D. Bart ey & Co. of Philadelphia offer for sale at par and Street & St. Nicholas Avenue railroads. The plan has yet to
interest $406,000 of the company’s first mortgage 5 per cent be passed upon by the board of directors —V. 68, p. 926, 929.
30-year gold bonds, dated May 1, 1899, due May 1, j929 in­
Toledo Gas Works.—Bids Wanted fo r Operation o f City
terest parable May 1 and Nov. 1. State Trust Co. of New
Plant.—The City Clerk of Toledo has been authorized to ad­
York mortgage trustee. A circular says:
vertise for bids for the operation of the plant, the profits to
, T he S an du sky G as L ight Co. (o rg a n iz e d in 18 54) a b sorb ed In M arch
be turned into the city treasury. It is reported that a syn­
f 2 S 8 b« « W ' l . ,k y L le ctr lo L igh t F uel G as & S u p p ly C o., w h ich dicate stands ready to take the plant on these conditions for
5™ "
>mrt been c o n d u c tin g an e le c tr ic bu sin ess. In 1887 the
N orth W estern Ohio N atural G as C o in s ta lle d an e x te n s ii e system o f forty years. The plant is valued at a million and a-half and,
m ains, bu t th e su p p ly o f D atnral g as h a v in g b e c o m e ex h a u sted , Its it is stated, has never paid.
m ains have b een id le sin ce 1 8 9 6 . T his issu e o f b o n d s is m ad e to c o v e r
Trust Company o f America, New York City.—Neu> Com­
the co n so lid a tion o f all tb e a b o v e p ro p e rtie s , an d t o p ro v id e fo r b e t
torm ents. It, w ill be a first and on ly m o rtg a g e on the en tire p rop ertv . pany Organized.—This new company was incorporated
T h e g ro ss e a rn in g s fo r the y e a r en d in g A p ril 1, 18 99 w re : G as, at Albany on Tuesday, with $2,500,066 capital stock and
neJ'ceni’ n J f l rtf a S - a o 16;
* 7 1 ,1 5 4 ; o r an In crease o f a b ou t 16>*
Eor~ ta*.
1 8 9 - 9 9 : n et cart in g s, $ 3 1 .3 .7 , o r o v e r f t) p er ce n t $2,500,000 surplus. The company’s offices will be in the
m ore than the p resen t In terest c h a rg e . P rice o f gas $1 25 fo r light- Singer Building, 149 Broadway. Other facts appear on a
t ^ ^ p o ’'eR “ " I 1 b u t 8.? 0^n t" f,,r f " o i. T lie a d d ition o f 3 i m iles o f preceding page.
HoU!,1!?
ah"U t 2 .4 0 0 e x is tin g serv ices , t o cu stom ers
United States Worsted Co.—Pending Consolidation.—
buslnesse<lu0afe<l 10 tl16 UBe o f tUo1 Ba8’ w111 m e a ,‘ a g re a t in cre a se o f
H is company was incorpora'ed in New Jersey in April,
and^slkhtkms ^0n<^8 ^ '00i°00 are reserved for improvements 1899, with $70,000,0' 0 of authorized capital stock, consisting
of $40,600,000 common and $36,000,000 preferred. A report
Philadelphia says that nineteen worsted yarn spinners,
Shelby , Steel & Tnbe C o.-P u rc5 a se.-T h e “ Hartford from
including most of the largest spinners in the country, have
o io
,on.,¥ "y 19 8aid- “ The important announcement egret d to enter the trust Amone those assenting to the
can be made this morning that the Shelby Steel & Tune Co I plan of consolidation are said to be the following :

May

27.

1899.]

THE CHRONICLE.

T h o m a s W olM eu born * Bona A Co., J o h n D e a rn ly A C o ., G e o r g e
C a m p b ell A C o., Pucenlx Mill* C om p a n y , Y e w d a ll A J o n e s B ro s ., a n d T .
B. 4 3 . w. F leisch er, a ll o t P h ila d e lp h ia ; G r isw o ld W orsted C om p a n y ,
o f D a r b y , P a., a u d W . H. G ru n d y A C o ., o f B r is to l, P a .— V. 6 8 , p . 83 0.

United Traction & Electric Co. (Providence, Etc. ) . — New
Act was introduced in the Rhode Island
Legislature on May 23 to incotporate the Rhode Island Sub­
urban Railway Co. w th a capital of $3,500,000. to take oyer
the rights acquired by the United Traction & Electric Co. in
the Warwick & Oakland Beach Branch of the New York
New Haven & Hartford RR and to obtain similar rights on
the Bristol branch. This is pr-paratory to operating elec­
tric railways on both sides of Narragansett Bay.—V. 68,
p. 525
Washington (D. C.) Gas Co.— Ofler W ith d ra icn .—Owing
to the opposition to the terms offered, the purchasing syndi
cate has notified the McLean committee that Mr. Gorham
will not exercise the privilege to purchase the company’s
stock at $60 per share. Stockholders who deposited their
stock will have it returned to them, and the regular divi­
dend will be paid —Y. 68. p. 930.
Washington (D. C.) Traction & Electric Co.—City &
Suburban H j . —C on soli a t ion. —The “ Washington Traction
& Electric Co.” i* the name of the new company which will
take over the various electric light and street railway prop­
erties which have been acquired by the syndicate headed by
the United Srares Mortgage & Trust Co. A press dispatch
to the Philadelphia “ Ledger” says: “ It is understood that
the negotiations for tne purchase of the stock of the City &
Suburban Railway Co. of Washington. D C., have been
consummated and that the stock is now being paid for at the
rate of $S0 a share, which is par, by the syndicate which re­
cently acquired the Metropolitan Street Railroad, Columbia
Railway, Anacostia Railway, and all other lines in Washing­
ton except the Capital Traction Co. The syndicate controls
two electric-light plants also and will shortly marge them
into one company.
“ The consolidated company [the Washington Traction &
Electric Co ] will issue $20,000 U00 of 4*4 per cent bonds and
$10,000,000 of stock. There will be reserved between $7,000,
000 and $8,000,000 of the bo« ds to retire underlying liens as
thev mature, leaving between $12,000,000 and $13,000,000 to
be floated. The securities have already been underwritten
by a syndicate of Baltimore, Philadelphia and Sew Yo>k
financial institutions and capitalists. It is understood that
the consolidation wilt be effected within a few weeks.” —V.
68, p. 824: V. 87, p. 833.
Wheeling It Lake Erie RR.—Cleveland Canton &
Southern Ky.— P io v o s e d m erger nnd new m ortga ge. —A
meeting of the Wheeling & Lake Erie stockholders will be
held in June to approve of the purchase of the Cleveland
Canton & Southern and the Cleveland Belt & Terminal, and
to authorize a mortgage of $15,000,000 to cover the combined
properties. Under this mortgage it is proposed to issue four
per cent bonds and to offer such terms to the present firs'
mortgage W. & L. E. bonds as will induce the holders to ex­
change for th* new issu**. The disposition of the new bonds,
it is learned officially, will be as follows:
C om pan y .—An

T o r e tire p re s e n t tln*t m o rtg a g e 5*..................... ........................ 8 6 ,4 0 0 ,0 0 0
T o retire e q u ip m e n t tru st sort p u rch a se near e q u ip m e n t .. . 1 ,2 0 0 ,0 0 0
F o r C le v e l-o it C a n ton A S o u th e rn a n d C lev ela n d B e lt a n d
T e r m l n x l C o ......................................................................................... 4 ,0 0 0 ,0 0 0
F o r e x te n s io n o f th e C le v e la n d B elt A T e rm in a l C o m p a n y
Im p r o v e m e n t o f term in a l In C le v e la n d , r e d u c in g g ra d e s
and e x te n d in g W h e e lin g A L a t e E r ie ...... ...................
1 ,4 0 0 ,0 0 0
R e s e r v e tn t r e a s u r y ............................................................................. 2 ,0 0 0 ,0 0 0
T o ta l le a s e ..............

8 1 5 ,0 0 0 ,0 0 0

By these acquisitions the Wheeling & Lake Erie RR. Co.
secures an entrance of its own into Cleveland and important
terminal facilities in that city. President Blickensderfer is
quoted as sav lne:
T h ere w ill tie a g rea t a m o u n t o f Im p rov em en t d o n e d u r in g th e n e x t
y e a r . T h e d ire c to rs h a ve a p p ro p r ia te d 8 1 , 000,000 f o r ib is p u rp o s e ,
an d the sy stem w ill b e p o t in Itret-class sh ap e. T h e W h ee lin g has
a cq u ired hy t e l- p n r e b a -e 201 m ile* o f n ew roa d w h ich w ill g iv e us
a n o u tle t fr o m the co a l llelds.

Purpose o f M eetin g— In crea se o f S tock .—The official ad­
vertisement gives the following as the propositions on which
the stockholders of the Wheeling & Lake Erie RR. will vote
on June 26:
1. T h e p u rch a se o f the rail w a r a n d p r o p e r ty r e c e n t ly ow n e d b y the
C le v ela n d C an ton * S ou th ern B y . Go. an d r e c e n tly s o ld a t J u d icia l
sa le , b e in g a tine o f ra ilw a y from C o s h o c to n to C le v e la n d , O h io , t o ­
g e th e r w ith Its e q u ip m e n t and bra n ch es, o t h e r than th e C h a grin F a lls
b r a n ch , a n d a ll It* righ t*, f ra n c h !-e e am i p riv ile g e * .
2. T h e p a r c h * * - o f the p ro p e r ty o f th e C le v e la n d B e it A T e rm in a l
B y . On., b e in g a lin e o f ra ilroa d III C u y a h o g a O o n a ty , O h io, an d a ll Its
e q u ip m e n t, r i. his. fra n ch ise* and p riv ile g e * , o r a m a jo r ity o f th e
s t o c k s a n d b o n d s o f said torn pari ( o u tsta n d in g .
3. T h e re fu n d in g n r p a y m en t o f all o u tsta n d in g b o n d s an d In d e b t­
e d n e ss o r o r atialnst th e p ro p e rty o f the W h eelin g A b a k e k r ie R R .
C o., In clu d in g th e b o n d e d in d e b te d n e ss a g a in st the T o le d o B e lt R a il­
w a y p r o p e r ty
4. T h e p u rch a se o f n e w a n d a d d itio n a l eq u ip m en t.
5. T h e Im p rov em en t o f the p ro p e r ty o f th e c o m p a n y a n d th e im
p r o v e m e n t , e x te n s io n a n d c o m p le tio n o f the p ro p e r tie s bo p ro p o s e d
to betm reh ssed .
6. Til * In crea se o f th e c a p ita l s t o c k o f the W h e e lin g A b a k e
B rie R R , C o. from 8 2 1 ,5 0 0 ,0 0 0 t*»8 3 7 .5 0 0 .0 0 0 , w h ich in creased sto ck
sh all c o n s is t o f *3 0*0,*6*0 o f first p referred n o n -cn in u la tlv o 1 p - r
c e n t sto ck . 8o,0 00,0 *i0 se co n d p re fe rre d n o n -e m n u la tlv e 4 p e r c e n t
s to ck an d # 5 ,0 ' 0 .0 0 0 o f c o m m o n s t o c k .
7. T h e b a n e o f #1 ,0<>0.0 0 o f g old b o n d s o f the W h e e lin g A b a b e
E rie R R C o., i™ y »b le d fty y e a r s a fte r d a te, b e a rin g In terest a t the
rata o f 4 p e r c e n t p e r a n n u m , p a y a b le se m l-a n n a s lly , an d se cu re d by
m o rtg a g e a p o n all o f the p r..p *rty, righ ts, fr a n ch is e s an d p n> lie g e s
o f s^rid c o m p a n y w h eth er n o w o w n e d o r h erea rter to b o a c q u ire d .—
F o r fa r t h e r In v e s tm e n t N ew s see P a g e 1029.

1027

Reports and I3ocum m ts.
T H E C O L O R A D O & S O U T H E R N RY. C O .
APPLICATION TO LIST THE NEW SECURITIES ON
THE NEW YO R K STOCK EXCHANGE.
N ew Y ork , May 11, 1899.
The Colorado & Southern Railway Co. respectfully makes
application to have placed on the regular list of ihe New
York Stock Exchange §17,500,000 of its First Mortgage
Bonds, numbers 1 to 17,500, for §1, 00 each, in coupon form:
and for the listing of Voting Tt ust Certificates for First Pre­
ferred Stock. §8,500,000 (85,000 shares); Second Preferred
Stock, §6,500.000 (85,000 shares), and Common Stock, §30.995.000 (309,950 shares).
The Colorado & Southern Railway Company was incor­
porated on December 19, 1898, by Certificate o f Incorpora­
tion filed on that dav in the office of the Secretary of State
o f Colorado, under tlie provisions of an A ct to amend Chap­
ter 19 of the General Statutes of Colorado, entitled “ An A ct
to provide for the formation of corporations,” approved
April 7, 1885, and constituting Sections 614 and 615 o f the
General Statutes o f Colorado.
The company was formed under and in pursuance of the
Plan and Agreement o f Reorganization o f the Union Pacific
Denver & Gulf Railway Company, dated September 29,
1898. A copy of such Plan and Agreement o f Reorganiza­
tion and a copy of the Certificate o f Incorporation of the
company are submitted herewith.
The Company has acquired in pursuance of said Plan and
Agreement of’ Reorganization various lines of Railway
formerly o f the Union Pacific Denver & Gulf Railway Com­
pany (other than the Julesburg Bianch), and tne appur­
tenant franchi-es, and also the lines of railway and fran­
chises formerly o f the Denver Leadville & Gunnison Rail­
way Company. The decree * f foreclosure under which the
properties of’ Tbe Union Pacific Denver & Gulf Ra lway
Company were sold was entered on September 13, 1898, and
these properties were sold pursuant to the terms thereof on
N vemlxw 18, 1*98, and the sale confirmed on November 21,
1898. Tr.e decree o f foreclosure under which the properties
o f The Denver Leadville & Gunnison Railway Company
were sold was entered on August 6. 1898, and the properties
were sold pursuant to the terms thereof on November 18,
18 8, and the sale confirmed on November 2l, 1898.
Tbe Colorado & Southern Railway Company took posses­
sion of these properties at midnight on Jauuary 11, 1899.
The lines o f railroad controlled by the new company are
the following:
UNION PACIFIC DENVER A GULF LINES.
(No! including trackage over the Denver if Rio Grande lines, 58'65
intie*.)
Denver to Greeley, via Boulder A Ft. Collins............ 98*73
Jereey to C. C. Cot off .............. . ................................ 3*08
l»*vemndto Amin*...................... ............................
8 2*
Fort Colon* to Stunt........ ....... ................. ............. 14*94
Louisville Jnni-lton to Bonhlcr Junction.................... 11*47
I out.Title lo Lafuv cite .......................................... 3*78
Boulder to connection withGolo. A N. W. Ry........ .
*64
A len-B*»bd inlne spur.......................... .
..............
3*24
Denver W**-t able Line .. .........................................
4*85
Argojuictloo to silver Plumo..................... ............ 5 *01
Fork* ot Creek to Central Oily........................ ......... ll*el
Gulden to Chun h'» Brlok Yard..................................
1*66
Denver to Gulf Junction.......................................... 124*37
Manltou junction to Oolo'ado Springs...................... 9*12
Pueblo frelgbi house track........................................
*56
null Junction in Bessemer Jnnotlen......................... 3*b3
Walsenhurg to Trinidad............................................. 41*62
Acne to Aguilar....................................................... 2 51
Ludlow-to Hasting*..................................................
2*97
Lnuli.w to Berwtud.......................................
3*21
Culuusa Junction to Forbe* Junction......................... 1*16
Trial t*d to Texlme (main line)................................. 134*b7
Gray Creek Branch, Beshoar .1unction to Gray Creek. 7*85
Maxwell Brunch, Trinidad to Va»quez..................... 39*43
Soprl* to Sopris Mines ._ ............................ .
....
*66
Bed River Branch, Catsklll to Newton......................
9*25
Chejenne, Wyo., to Orln Junction, Wyo. (Cheyenne A
Northern).......................................
153*68
--------- 749*05
DENVER LEADVILLE A GUNNISON LINES.
Denver to Leadvlllo........ ...................................
151*20
Como to Baldwin Mine........... ..................... .
131*05
-hetldiiD J inotion to Morrisou................................... 9*96
Como to coal mine*....................................................
2 97
Dickey to Key-rone.... .. ........................... ............. 7 04
K"komo to Wilfley's Mill...........................................
1 14
Garo* to London Junction.... .................................... 15*41
Schwander- to Banna Vista....... .........
3*98
Baldwin up Ohio Creek to Alpine Coal Mine..............
2*49
D. s. P. A H. T. Ry........... ......................................... 11*32
--------- 336*56
1,085*61
The Julesburg Branch of the Union Pacific Denver & Gulf
Railway has been sold to the Union Pacific Railroad Com­
pany and is now in possession o f that company, which is op­
erating the same. Provision has also been made in the
First Mortgage hereinafter mentioned, that the Cheyenne
& Northern line m y be sold, the available proceeds, in the
event of sale, to be applied towards the reduction ot the new
First Mortgage debt.
In accordance with the provisions o f the Plan o f Reorgan­
ization, The Colorado & Southern Railway Company ha ex­
ecuted a Mortgage or Deed o f Trust to Central Trust Com­
pany o f New York, dated December 31, 1898, to secure an

THE CHRONICLE.

1028

issue of $20,fOO,000 of bonds dated December 31, 1898, bear­
ing interest from February 1, 1899, at the rate of Four per
Cent per annum, maturing on February 1, 1929, both princi­
pal and int<■rest payable in gold coin of the United States of
or equal to the present standard of weight and fineness.
The bonds are in coupon form, for $1,000 each, with the
right of registration of principal. The coupons are payable
Augnst 1 and February 1 of each year at the office or agency
o f the company in the city of New York. The Transfer
Agent for the registration o f the bonds is Central Trust
Company of New York, No. 64 Wall Street, New York.
This Mortgage is secured as a first lien on all the lines of
The Colorado & Southern Railway Company and the appur­
tenant franchises and equipment, and is further secured by
a lien on all other railroads which the company may acquire,
subject to liens thereon at the time o f such acquisition, and
to purchase-money liens created in such acquisition, and on
all lines of railroad and property that may thereafter be
acquired by the use of First Mortgage Bonds.
Fending the completion of the reorganization, the entire
issue ol' all outstanding Divisional Mortgage Bonds o f the
constituent companies entering into The Union Pacific
Denver & Gulf Railway Company have been included in
the First Mortgage and deposited with the Trustee of said
First Mortgage, and the Mortgage provides (Article 6) in re­
spect of the bonds so deposited with the Trustee, that when­
ever the Mortgagor shall, by proper resolution of its Board
o f Directors, so request, the Trustee shall cause such bonds
to be canceled and any Mortgage securing the same to be
satisfied of record.
These Divisional Mortgage Bonds are the following:
Company.

Description.

Am ounts.

C o lo ra d o C entral R a ilroa d C o ......... F ir s t M ort. 7 p e r C e n t ..$ 4 ,7 2 3 000
C h lco sa Cam m R a ilw a y C o ................
“
5
“
..
8 1 ,0 0 0
C an on de A g u a R fd lroa d O oin p a n y .
“
5
“
..
6 5 ,0 0 0
G e o rg e to w n B reck . & L ead . R y . Co.
“
7
“
..
12 7 ,0 0 0
D e n ve r M arshall <fc B ou ld er R y . C o.
“
5
“
..
22 6 ,0 0 0
G reeley Balt Lake & P a cific Ry. Co.
“
7
“
..
9 3 7 ,0 0 0
C heyen n e & N orth ern R a ilw a y C o .
“
5
“
.. 1 ,2 5 0 ,0 0 0

It is the purpose of the company, as soon as the necessary
steps can be taken to accomplish this result, to have these
bonds canceled by the Trustee, and the various Trust Deeds
securing the same satisfied of record.
The total authorized issue of First Mortgage Bonds is
$ 2 0 ,0 0 0 ,0 0 0 .

$17,500,000 of said bonds have been issued and delivered to
the Reorganization Committee, and have been distributed
or are in course of distribution by said committee to the
holders of Certificates of Deposit in respect of securities de­
posited under said Plan and Agreement of Reorganization,
and to others who have become entitled thereto under con­
tracts with the Reorganization Committee.
$250,000 thereof are reserved to be issued upon the order
of.a majority of the members of the Reorganization Com
mittee prior to January 1, 1900, but unless the issue shall be
so ordered prior to January 1, 1900, these bonds are to be re­
served and issued under the restrictions stated in the Mort­
gage for the purposes next hereinafter stated.
$2,250,000 of said bonds are reserved to be certified, de­
livered and issued, under the restrictions stated in the First
Mortgage, for new construction and acquisitions after
January 1, 1900, and for other improvements and better­
ments after that date, and for the acquisition of coal prop
erties; said bonds, except those used for the acquisition of
coal properties, to be issued at a rate not exceeding $300,000
in any year.
It is not anticipated that it will be necessary to issue for
the purpose of reorganization the additional $250,000 re­
served for that purpose, and in that event the fixed charges
of the Colorado & Southern Railway Company will be
$700,000.
J
The earnings of the Union Pacific Denver & Gulf lines
and of The Denver Leadville & Gunnison lines for the year
ending December 31, 1898, were:
O r ss e arn in gs (In clu din g Ju lesh u rg B r a n d i)....................$ 1 ,4 8 4 ,0 8 2 37
N et earn in gs (e x clu s iv e o f J n leg b u rg B ra n ch , ta x e s d e­
d u c te d )..............................................................................................
9 8 6 ,6 1 3 49

Of the money raised under the Reorganization Plan, the
Reorganization Committee holds, in cash, an amount suf­
ficient to meet the expenditures necessary for the improve­
ments, betterments and new construction contemplated by
the plan. The company lias no floating indebtedness or
equiument or other obligations. A copy o f the first balance
sheet will be furnished as soon as possible.
The basis of exchange of securities under the Plan and
Agreement of Reorganization is shown in the following
table:
6
E X IS T IN G B O N D 8, C E R T IF IC A T E S A N D STOCK.

Itnntls and Funded Interest
Oerii/icatrs to bear all coupons
maturing on and after
November 1 ,1 8 9 4 .
U. P. D A G. R y . C o. Cone.
M ortgage B o n d s ____ _____
D e n v e r T e x . A G u lf R R . Co.:
F irst M t*. Bond* ...................
D en.Tex. & F t.W orth RR . Co.:
F irst M t*. B ond *...........
...
F unded in terest C e rtifica te s ..
U .P 0 . & O .R y .C o S took Iprivvilege o f parch , on p a y m e n t
o f $ 1 0 p er share d e p o s it e d )..
D. T , A F t. W . R R C o. S took
(priv. to p orch , on p a y m en t
o f $1 0 p e r sh are d e p o s ite d )..

ttl Mort.
Ronds.
80%

rst Pref.
Utk. Tr.
Cert8.
30%

2 d Pref.

Stk. Tr.
Certs.

Com.
Stk. Tr.
Certs.

30%

55 %

30%

30 %

30 %
100%

2 Mi%

5%

5%

100%

2>*%

5%

5%

100%

80 %

fVOL. LXVTI1.

Percentages are based on the principal amount o f the de­
posited Bonds and Funded Interest Certificates, and on the
par of the deposited Stock. Scrip is issued for fractional
amounts, hut on conversion First Mortgage Bonds reserved
against scrip will be delivered with unmatured coupons
only, and on conversion Stock Trust Certificates reserved
against scrip will not be entitled to dividends declared
before conversion.
The Purchasing Committee acquired at the sale under the
decree of foreclosure of the Union Pacific Denver & Gulf
Railway 63,759% shares of the stock of the Fort Worth &
Denver City Railway Company, a corporation of Texas op­
erating a line extending from Texline to Fort Worth, Texas,
about four hundred and fifty miles, the bonded indebted­
ness of which is $8,176,000 First Mortgage Bonds and $160,000 Equipment Trust Bonds, and the stamped stock of which
is $2,555,000. The Reorganization Committee will turn over
to the new company, in addition to the improvement fund
already mentioned, a substantial working capital.
The capital stock of the New Company is as follow s:
$ 8 ,5 0 0 ,0 0 0 F irs t P r e fe r r e d F o u r P e r C e n tN o n -C u m u la tlv e .
$ 8 ,5 0 0 ,0 0 0 S econ d P re fe rr e d F o u r P e r C e n t N on -C u n rala tive.
$ 3 1 ,0 0 0 ,0 0 0 C om m on .

All the stock is divided into shares o f $100 each, and all
classes of stock have the same voting power.
All the stock, including both classes of Preferred and the
Common, except 50 shares of Common Stock, is held by
Messrs. Grenville M. Dodge, Frederic P. Olcott, Harry W al­
ters, Henry Budge and J. Kennedy Tod as Voting Trustees
under an agreement dated December 31st, 1898, a copy of
which is submitted herewith.
The Reorganization Agreement provided that as an addi­
tional protection to the new bonds all classes of the stock
of the new company, except such shares as might be dis­
posed of to qualify directors, should be vested in the Voting
Trustees named, and should be held by them and their
successors, jointly under a Trust Agreement which provides
as follow s:
“ On th e first d a y o f J a n u a ry , 1 9 0 4 , i f th e n , said th e C o lo r a d o &
S outhern R a ilw a y C o m p a n y sh a ll h a v e p a id , fo r th re e co n s e c u tiv e
y e a rs, a F our P er C en t oash d iv id e n d o n Its F irs t P re fe rr e d s t o c k , o r
i f n o t, th e n as s o o n as su ch d iv id e n d sh a ll, fo r th re e o o n s e o u ti v e y e a rs,
h a v e been so p a id , o r w h e n e v e r p r io r t o su ch d a te o r a fte r sueti d ate
a n d p rio r t o suoh p a y m e n t o f d iv id e n d , th e V o tin g T ru stees sh a ll d e ­
c id e to m a k e d e liv e r y , th e V o tin g T ru stees, in e x c h a n g e fo r o r u p o n
su rre n d e r o f a n y S to o k T ru st C e rtifica te th en o u ts ta n d in g , w ill, in
a c c o rd a n ce w ith th e terras h e re o f, d e liv e r p ro p e r ce rtific a te s o f s to ck
o f said T he C o lo ra d o & S outhern R a ilw a y C o m p a n y , a n d m a y req u ire
the h old ers o f S to ck T ru st C e n ifto a te s t o e x c h a n g e th e m f o r ce rtifi­
ca tes o f C a p ita l S tock ; s u b je ct, h o w e v e r , t o the r e d e m p tio n a t p a r o f
th e F irs t and S e co n d P re fe rre d S hares b y sa id T he C o lo r a d o & S ou th ­
e rn R a ilw a y C o m p a n y , at a n y tim e , i f a llo w e d b y la w .”

And that until delivery of stock should be made by the
Voting Trustees they should issue Certificates o f Beneficial
Interest, entitling registered holders to receive, at the time
therein provided, stock certificates for the number of shares
therein stated, and in the meanwhile to receive payments
equal to the dividends collected by the Voting Trustees
upon the number of shares therein stated, which shares,
however, together with the absolute voting power there­
under, should be vested in the Voting Trustees until the
stock became deliverable as provided in such Certificates
of the Voting Trustees.
In further accordance with said Plan and Agreement of
Reorganization, provision has been made that no additional
Mortgage shall be put upon the property embraced in the
First Mortgage of The Colorado & Southern Railway Com­
pany or the amount of the First Preferred Stock authorized
under the Plan and Agreement be increased, except with
the consent, in each instance, o f the holders of a majority
of the whole amount of the First Preferred Stock given at a
meeting of the Stockholders called for that purpose : and
by the Voting Trust Agreement the Voting Trustees agree,
during the existence o f the Voting Trust, not to vote on
their said First Preferred Stock for the purposes indicated,
without the consent of holders of a like amount of that
class of Beneficial Certificates.
The company also, in accordance with the Plan and
Agreement of Reorganization, has reserved the right, at any
time, to redeem its Preferred Stock at par in cash if allowed
by law.
The agents of the Voting Trustees for the issuing and
transferring of these certificates are Messrs. Hallgarten &
Co., 28 Broad Street, New York, all certificates being coun­
tersigned by the Central Trust Company of New York as
Registrar.
The Officers of The Colorado & Southern Railway Com­
pany are as follow s: Chairman o f the Board of Directors,
Grenville M. Dodge: President, Frank Trumbull; VicePresident, B. L. W in ch ell; Secretary and Treasurer, Charles
W heeler; Assistant Secretary and Assistant Treasurer, H.
Bronner ; General Auditor, A. D. Parker; General Counsel,
E. C. Henderson ; General Solicitor, E. E. Whitted.
The Directors of the new company are as follows; Grenville
M. Dodge, New York ; Henry Budge, New York ; J. Ken­
nedy Tod, New York ; Luther Kountze, New Y ork ; Frederic
P. Olcott, New Y ork ; Harry Walters, Baltimore, Md.;
Oliver Ames, Boston, Mass.; Frank Trumbull, Denver, Col.:
Norman B. Ream, Chicago, 111.
Herewith are submitted six copies of this application: six
copies of the Mortgage; copy of the Mortgage with the
certificate of record properly endorsed thereon certified by
the Trustee to be a true copy; certificates from Counsel of
the Company as to the regularity of the foreclosure pro­

THE CHRONLCLK

M ay 27, 1899.!

1029

ceedings. the organization of the new Company and the
validity of the Mortgage: certificate of the Trustee accept­
ing the trust and giving the numbers and amounts of the
bonds executed in accordance with the terms o f the Mort­
gage: sample copy of Bond and Stock Trust Certificates;
copy of Plan and Agreement of Reorganization, dated
September 39th, 1898; copy o f Articles o f Association: six
copies of Voting Trust Agreement.
THE COLORADO & SOUTHERN R A IL W A Y COMPANY.
By H ex by Budge, Director.
The Committee recommended that the above-described
$17,500,000 First Mortgage Four per Cent Gold Coupon Bonds
of 1929, for $1,000 each, Nos. 1 to 17.500 inclusive; $8,500,000
First Preferred Stock Voting Trust Certificates, $8,500,000
Second Preferred Stock Voting Trust Certificates and $30,995,000 Common Stock Voting Trust Certificates be admitted
to the list.
Adopted b y the G o v ern in g C om m ittee, M ay 2k, 1899.

These plants control a very large part o f the car businese
of the United States; most of them have been in active
operation for many years, and all o f them, except the Min­
erva Plant, which has not been operated since 1895, were
doing a good business when acquired. The plants are
equipped with modern machinery in first-class condition,
and much of the machinery is of “a costlv description.
It is intended that annual reports shall be made which
shall set forth the financial condition of the Companv.
The plants named in our report are owned in fee and free
from lien and incumbrance, with the exception of two. In
regard to these the following are the facts:
The Michigan-Peninsular Car Company made a Deed of
Trust for $2,000,000 to secure Five per Cent Bonds to that
amount. Of these bonds $1,786,00J have been paid; $314,000 in amount o f these bonds are now outstanding. Under
the terms of the Deed o f Trust the payment of the princi­
pal of these last-named bonds has become due. They have
been called, and the money to pay and retire these*bonds
has been deposited with the Guaranty Trust Company of
A M E R IC A N C AR & FOUNDRY C O M P A N Y- New York.
The Ohio Falls Car Manufacturing Company issued Six
EXTRACTS FROM THE APPLICATION TO LIST THE per Cent Bonds to the amount of $600,000. Of this amount
$585,000 has been paid, leaving $15,000 in bonds still ou t­
SECURITIES ON THE NEW YORK
standing. The deposit o f $16,200 to redeeem these out­
STOCK EXCHANGE.
standing bonds has been made with the Central Trust Com­
pany o f New York.
B a l a x c e S h e e t o x C o m m e n c e m e n t o f B u s in e s s M a r c h 1 , 1S 99.
N ew Y ork , May 20,1899.
A i m Is—
The company was incorporated on the twentieth day o f P ro
p e rty a c c o u n t ............................ .............................................. $ 1 2 ,8 2 2 ,0 9 7 13
February, 1899, under the laws o f the State of New Jersey.
C o n sis tin g o t th e rea l a n d p e rs o n a l p r o p e r ty o t th e
fo r m e r o w n e rs o f th e p ro p e r tie s a b o v e m e n tio n e d .
The company is authorized to manufacture and sell railway
In c lu d in g all a p p lla u c e s fo r t h * s u cc e s s fu l o p e ra tio n
cars, both passenger and freight, and street cars, car trucks,
o f the s h o p s ; a lso t h - l r p a te n ts an d g o o d w in
car- wheels and all parte o f cars and accessories, o f car equip­ U nissued P re fe rre d C a p ita l S t o c k ...........................................
9 1 0 ,0 0 0 0 0
ment.-, appliances and specialties; the manufacture of U nissued C o m m o n C a p ita l S t o c k .................... .....................
9 1 0 ,0 0 0 0 0
products of steel, iron or other metals; to engage in mining; M stO ’ ia l* o n b a u d to e n t e r In to th e c o n s t r u c tio n o f oars
f o r w h ich o r d e r s h a v e b e e n r e c e iv e d , b u t n o t b u ilt
to operate lumber milts, establish and operate rolling mills.
on M arch l ....... ..........................................
5 ,2 9 2 ,7 2 0 7 6
The Articles o f Incorporation further provide that—
2 1 0 ,1 8 2 11
C a sh ........... ..................................................
T t.- B o a r d o f D ire cto rs sh a ll h a r e p o w e r , w ith o u t th e e sse n t o r v o te
o f the S tock h old ers, to m e k e , a lter, am end a n d rex slm i the B y -L a w s
o f th e c o r p o r a t io n , t o 11* th e a m o u n t t o be re se rv e d a* w o r k in g c a p i­
t a l , t o a u th oriz e an d to ca u s e t o h e e x e c u t e d m o rtg a g e s o r lie n s u p o n
the rea l o r p e rs o n a l p r o p e r ty o f th e c o r p o r a t io n ; an d fr o m tim e to
tim e t o sell, assign , tra n s fe r o r o th e r w is e d is p o s e o f a n y a n d all o f
th e p ro p e r ty o f th e c o r p o r a t i o n bu t n o s u o h a a le o f all o f th e p r o p ­
e r ty sh all be m a d e e x c e p t p u rsu a n t to the v o te o f a t le a s t tw o th ird s
o f th e B oa rd o f D irector# .

The By laws o f the company also provide:
T h e D ir e cto r * sh a ll h a v e p o w e r t o e le c t a n d a p p o in t all n e c e s ­
s a ry offi'-er* an d c o m m itte e * , a n d g e n e r a lly t o c o n t r o l all o f the affa irs
o f th e c o rp o r a tio n .
T h e y m ay a ls o b y m a jo r ity v o te a lter th e n u m b e r o f D ir e c t o r s , a n d
In the e v e n t o f an In crea se In n u m b er, th ey sh all h a v e the p o w e r to
e le c t s u ch a d d ition a l D ir e cto r s fo r th w ith , w h ich D ir e cto r s so e le c te d
m ay hold office u n til th e n e x t an n u al m eetin g o f the S to ck h o ld e rs.

The authorized Capital Stock of this company is $60,000,000, which is divided into 800,000 shares of Non-cnmulative
Seven per Cent Preferred Stock and 800,009 shares o f Com­
mon Stock. The par value o f each share is $100, All of
the shares excepting $910,000 face value of Preferred, and
the same amount o f Common Stock, now in the treasury,
have been issued and are full paid and non -assessable.
The duration of the corporation is unlimited. The Pre­
ferred Stock is entitled out o f any and all surplus net
profits, whenever declared by the Board o f Directors, to
non-cunmlative dividends, at the rate not to exceed Seven
per cent per annum for the fiscal year beginning the first
day o f March, 1899, and for each ana every fiscal year there­
after. payable in preference and priority to any payment of
anv dividend on the Common Stock, for such fiscal* year.
In the event o f the dissolution o f the corporation the
holders of the Preferred Stock are entitled to receive the
par value of their Preferred Stock out of the surplus funds
o f the corporation before any payment shall be made there­
from to the holders of the Common Stock.
The Common Stock is subject to the prior rights o f the
holders of the Preferred Stock, a.s above -stated, and has
equal voting powers with the Preferred Stock.
This company was formed for the purpose of purchasing
certain plants named below, and for acquiring additional
plants hereafter when deemed advisable or necessary.
The object in view in the acquisition o f these properties
was to reduce as far as possible the expenses o f administra­
tion and of operation by the introduction of economies, me­
chanical and otherwise, and by concentration o f manage­
ment. thereby minimizing as far as possible the cost o f the
various product#.
PLAYTS

A C Q U IR E D .

Michigan-Peninsular Car Company. Detroit, Mioh.
Missouri Car At Foundry Company, St. Louis. Mo.
Jackson & Woodtn Manufacturing Companv. Berwick, Pa.
Ohio Fall* Car Manufacturing Company, Jeffersonville, Ind.
Union Car Company, Depew. N. Y.
8t Charles Company. St. Charles, Mo.
The Wells & French Company, Chicago, 111.
Terre Haute Car <& Manufacturing Companv, Terre Haute,
Ind.
Buffalo Car Manufacturing Company. Buffalo, New York.
Niagara Car Wheel Co., B .ffalo. N. Y,
Ensign Manufacturing Company, Huntington, W. Va.
Pennock Brothers, Minerva, Ohio.
Murray, Dongal & Company, Milton. Pa.
I he aggregate number of men employed at the plants of,
the Company is approximately 20.000.

$ 6 0 ,1 7 5 ,0 0 0
L in b ititiei —
P referred C a p ita l S t o c k . . . . ................................................. ....$ 3 0 ,0 0 0 , 0 0 0
C om m on C apital S to c k ................................................................ 3 0 ,0 0 0 ,0 0 0
A c co u n ts p a y a b le :
D u e on M ilton P la n t, p a y a b le In In stalm en ts c o v ­
e r in g p e rio d o f tw e lv e m on th s If d e s ir e d .....................
1 7 5 .0 0 0

00
00
00
00

$ 6 0 ,1 7 5 ,0 0 0 0 0

Four of the above-mentioned companies during the past
year lrnve made net earnings of not less than tw o million
one hundred thousand dollars ($2,109,000), and the balance
of the companies, with the exception of Minerva, which
w;ia not in operation, have all made a profit during the past
year in aggregate not less than eight hundred thousand
dollars ($800,000).
Tlie Officers of the company are: William McMillan,
Chairman o f the Board and Treasurer, St. Louis. Mo.; W.
K. Bixby, President, St. Louts, Mo.; Frederick H. Eaton,
First Vice-President. New York; W . P. Coleman, Second
Vice President, New York; Anthony Gref, Secretary, New
York; Marc W, Comstock, Assistant Secretary, St. Louis,
Mo.; W. J. McBride, Auditor, St. Louis, Mo.: J. M. Buick,
Assistant Auditor, St. Louis, Mo., E. R. Hoadley, First
Assistant Treasurer, St- Louis, Mo.; William M. Hager,
Second Assistant Treasurer, New York.
The Directors of the company are: Win. McMillan, St.
Louis, Mo ; W. K. Bixby. St. I amis, Mo.: Frederick H.
Eaton, New York; George Coppell, New York; George Har­
greaves. Detroit. Mich.: F. E. Car.da, Huntington, W . Va.;
C. W. Meysenburg, Chicago, III.; J. L. Smys-r, Jefferson­
ville, Ind.: Chester Griswold, New York: J. J. Albright,
Buffalo, N. Y .: Lewis J. Cox, Terre Haute, Ind.; Charles T.
Sc hoe n, Pittsburg. Pa.; E. N. Dickerson, New York, H. B.
Danker, St. Charles. Mo.; Anthony Gref, South Orange,
N. J
The Registrar of the company is Central Trust Company
of New York. The Transfer Agent- o f the company is
Guaranty Trust Company of New York.
* FRED'K H. EATON,
First Vice-President.
The Committee recommended that the above-described
$29,090 000 Non-Cumulative Seven per Cent Preferred
Stock and $29,090,000 Common Stock be admitted to the
list.
Adopted by the Governing Committee, May 2k. 1899.
Wisconsin Central Co.—On Unlisted.—The new securi­
ties, "deliverable when and as issued,” were admitted
to dealings on the unlisted department o f the Stock Exchange
on Wednesday. They have been actively dealt in there
around 94 for the bonds, around 49 for the preferred stock
and between 13 and 14 for the common stock.—V. 68, p. 979.
—Price, McCormick & Co. have issued a new edition of their
circular devoted to unlisted securities, which can be had on
application at their offices, 70 Broadway. This sheet is com­
piled under the direction of Mr. William G. Gallagher, in
charge of their miscellaneous securities department, and the
quotations and other information contained are full and re­
liable.
—Jacob Rnblno. No. 3 Broad Street, offers for sale a block
of $360,000 People’s Gas bonds, in amounts to suit, at a price
to net P , per cent. The advertisement is on page x.

[V ol. i i X v i n

THE CHRONICLE.

J030

C

gbe Com m ercial giines.

O

T

T

O

N

.

t , May 26 1899.
as indicated b y our telegrams
from the South to-night, is given below. For the week ending
COMMERCIAL
EPITOME.
this evening the total receipts have reached 38,058 b a l e s ,
F r i d a y N i g h t . May 26, 1899.
against 59.949 bales last week and 62,818 bales the previous
The general business situation has undergone no changes week, making the total receipts sinoe the 1st of Sept., 1898,
8.155,194 bales, against 8,410,049 bales for the same period of
of an important nature. There has continued a free more 18 9 7 -8 , showing a decrease sinoe Sept.l, 1898, of 234,855 b a l e s .
ment of merchandise into consumption in the way o f de­
Total.
Fri.
Wed. T h u n .
Mon.
Tue*.
Sat.
Receipt* at—
liveries on contracts, and considering the season of the year
5 ,3 5 9
36 5
48 4
913
50 3
538
the volume of new business transacted in most lines of trade G a lv e sto n ......... 2 ,5 5 6
....
..........
..........
.........
..........
......
T e x . C ity , &o.
has been referred to as satisfactory. Values in the main
1,3 8 4
1,861 1 5 ,3 2 0
2,7 4 4
5 ,3 5 9
2 ,0 1 9
1,9 53
have been well maintained, and for hardware they have N ew O r le a n s ...
24
471
12 2
30
60
17 3
62
M o b ile ...............
shown increased firmness, reflecting the advance in pig iron. P e n sa co la , <feo. . .... .. . . . . . . . . . . . . . . . . . . . . . . . .
721
72 1
Wheat values have further advanced, owing to less favor­ d a v a n n a h .........
4 ,6 2 5
1,0 1 6
1,9 0 1
364
534
55 9
251
able crop accounts from the winter-wheat belt. State legis­
138
138
..........
..........
.....
......
......
B rn n s w ’k ,& 0.
lation has received some attention, the passage by the New C h a rle s to n ___
247
5
2
11
83
115
31
York Legislature of the amended franchise tax bill and the
.........
..........
..........
.........
..........
......
P t. R o y a l, &o.
signing of an anti-trust bill by the Governor of Texas being
54
17
2
8
27
..........
..........
W ilm in g to n ___
the principal features.
Lard on the spot in the local market has had only a small
4 ,3 2 2
654
1 ,3 1 2
1 ,1 7 4
399
16 5
618
sale but at the West a fair export business had been done N o r fo lk .............
482
482
latterly; prices have been easier, closing at 5'27i£c. for N 'p ’ t N ew s, &o. . . . . . . . . . . . . ........ . . . . . . .
2 ,2 4 6
100
193
340
243
853
517
nrime Western and 4'95c. for prime City. Refined lard has N ew Y o r k ........
904
66
6
386
167
20 0
79
had only a jobbing sale and prices have weakened to 5 45c. B o s to n ...............
2 ,8 6 1
2 ,8 6 1
..........
......
......
for refined for the Continent. Speculation in lard for future B a .t im o r e ......... . . . . . .
308
20
51
50
18 7
delivery has been quiet and under moderate offerings, prompt­ P h lla d el’ a, &o.. .......... . . . . . .
ed by full receipts of swine, prices have declined, closing T o t. th is w e e k 6.0 6 7 5 ,2 8 7 6 ,4 7 5 7 ,1 6 3 4 ,“ 0 e> 8 ,3 6 1 3 8 ,0 5 8
quiet.
The following shows the week's total receipts,the total since
DAILY CLOSING PRICES OF LARD FUTURES.
Sat.
Mon.
Tues. Wed. T ku rt.
Sri. Sept, 1,1898, and the stock to-night, compared with last year.

Fr

Th e Movem ent

M a y ..................S...............

5-35

5-37

5-3 7

5-32

5-27

of th e

id a y

N ig h

Crop,

5-27

8toc/c.

1 8 97-9 3
18 9 8 -9 9 .
Pork has been in only limited demand and prices have de­ Reeeipte to
T h it Since Sep. T h it Since Sep.
clined, closing at $8(38 75 for mess, $10 25@10 75 for
1898.
1899
May 2 6
week.
1, 18 97.
week. 1 ,1 8 9 8 .
family and flu 25@11 75 for short clear. Cut meats have
been quiet and slightly easier, closing at 4}^o. for pickled G a lv e s to n ... 5 ,3 5 9 2 ,2 8 3 ,0 4 6 2 ,7 U 1 ,8 9 6 69 9
4 4 ,2 6 7
5 2 ,6 6 8
shoulders, 8V£@9c. for pickled hams, and 4%@5}4c. for
10 2
9 7 ,7 8
. . . . . .
79 602
T e x . 0 .,& o.
pickled bellns, 14 to 10 lbs. average. Beef has been
1 8 5 .8 4 2
3 4 5 ,5 9 6
in moderate demand ai)d steady at $8 50@9 for mess, S e w O rleans 1 5 .3 2 0 2 ,1 4 2 ,7 6 3 1 9 ,8 1 2 2 ,6 1 4 35 1
13,01.5
9,7 8 7
2 4 6 .9 5 3
3 6 0 .8 0 6
368
47 1
$9@9 50 for packet, $9 50@10 50 for family and $13 50(314 for M o b ile ........
1 1 6 ,7 0 1
721
2 1 5 ,8 0 2
extra India mess in tcs. Tallow has advanced, closing firm P ’ s a c o la , &o.
2 0 ,4 1 4
1 8 ,9 6 8
2 ,4 2 3 1 ,1 7 4 .3 9 7
at 4^ c. bid. Oleo-stearine has been firmer, closing steady S a v a n n a h ... 4 ,6 2 5 1 ,0 5 9 ,6 2 8
1 54 8
404
2 6 3 ,5 7 7
138
2 7 1 ,3 8 8
59 7
at 554c. Lard stearine has been quiet, closing at 6c. " Cotton B r’ w lok.& o.
9 464
9 ,5 1 6
3 6 3 ,4 1 3
6 9 3 4 6 5 ,2 0 7
247
seed oil has been in fair demand and steady at 25^@26c. for C h a rle s to n ..
75,741
2
2 3 ,3 3 3
prim- yellow. Butter has weakened slightly but the close P .R o y a l,& o .
8 ,1 9 4
1 1 ,3 4 2
620
3 2 2 ,7 2 6
2 9 1 ,3 1 9
54
was fably active and firm at lo@18c. for creamerv. Cheese W ilm in g ton .
1,2 80
1,3 51
has been in moderate demand and steady, closing at 7%@9%e. W ash’ n , & c.
5 4 ,4 5 1
4 1 ,1 6 9
for new State factory, full cream. Fresh eggs have ad­ S o r t o l k ........ 4,3 2 2 6 4 3 ,3 0 5 3 ,9 3 2 5 5 6 23 2
3 ,4 1 8
200
3 0 ,1 1 8
193
2 4 ,4 3 5
48 2
vanced. closing steady at loj^c. for choice Western.
N’ p o rt N .,& c
1 7 1 ,0 5 5
1 3 5 ,2 3 7
1 0 1 ,5 9 *
Brazil grades of coffee have been dull. The distributing N ew Y o r k ..
2 ,2 4 0
1 1 0 ,5 6 1
2 ,1 4 7
2 4 ,0 Mi
1 8 ,0 0 0
business has been of decidedly limited proportions and both B o s t o n _____
2 1 1 ,1 2 8
904
2 9 6 ,6 6 1
3 ,9 1 0
1 4 ,6 1 4
13 100
jobbers and roasters have been indifferent buyers. There B a lt im o r e . .
7 1 ,4 6
2,8 6 1
4 8 ,4 0 0
79
has been, however, no attempt on the part of sellers to force P h ila d el, &o.
11 3 4 3
7 ,6 6 6
7 7 ,9 3 0
4 7 ,5 6 6
1,3 6 9
308
sales, and values have held to a steady basis, closing at 63£c.
5 0 3 ,5 6 5
8 ,1 5 5 ,1 9 4 39,03ft 8 ,4 4 0 ,0 4 9
7 2 1 ,7 1 3
T
o
ta
ls
___
3
8
.0
8
for Rio No. 7. W ist India growths have sold slowly, but
as there has been no pressure to sell, values have been un­
In order that comparison may h e made with other years,
changed and steady at *J£c. for gbod Cucuta. East India w e give below the totals at leading ports for six seasons.
growths have been dull but steady at 25@25t£c. for standard
18 9 4 .
1895.
18 9 8 .
1896
1897.
Java. Speculation in the market for contracts has been tece ip ti at— 1899.
dull, as both buyers and sellers have been disposed to hold off G alvea’ n , &o.
1,5 7 3
55 4
1.77 1
5,3 5 9
2,8 5 3
1,1 3 9
and await developments. Changes in prices have been un­ N ew O rlea n s 1 5 ,320 1 9 ,8 1 2
1 0 , >76
3 ,1 6 5
7 ,9 9 0
4,7 9 5
important. The close was easier.
22 8
M o b ile ..........
36 3
111
471
368
17 5
The following are final asking prices :
4 .7 5 9
1 ,9 7 3
Savannah...
5-COo. , A u g .................... 5-10o. I N o v ........

......... 5-30C
S OOo Bept.’ .............. 5-2 c. D e o . . . . .. ..........5-f>5e
July............... 5'05o. I Oot................. 5-30o............................
,u
M oll..
5 -70c
Raw sugars have been in moderate demand and firm s
4%c. for centrifngals, 96-deg. test, and 4 ^ c. for muscovab
89 deg. test. Refined sugar has been in fair demand and firu
closing at 6%c. for granulated, Spices have been firm. Othe
groceries have been quiet but steady.
Kentucky tobacco has been firm but quiet. Bids will l
received on June 10 by the lessees of the Spanish Goven
ment factories for about 10,000 hhd. of tobacco. Seed lea
tobacco has been fairly active and steady. Sales for th
week were 2 200 cases as follows; 1,200 cases 1897 crop Wii
cousin Havana, at 9 to lOJ^c ; 250 cases 1896 crop. WiscoDsi
Havana, at 10 to 11c; 150 oases 1S98 crop,N ew Euglan
Havana, at 30 to 50c ; 200 cases 1897 crop, Zimmers at 15 t
17c., and 400 cases 1896 97 crops Pennsylvania Reed leaf ■
m ' t o m e . ; also 850 bales of Havana, at 70 to 85c i
bond, and 170 bales Sumatra, at 85c. to $1 75, in bond.
’
bas had a moderate sale. Arrivals have bee
va'ues have been wel1 maintained, closing f
2o 65@2.v75c. Ingot copper has been in only limited demau
and puces have declined, closing at 18rtl8t<c. for Lak
a , lltmted 8a,e at unchanged prices, closing 1
4 45@4'50c. for domestic. Spelter has weakened to 6 V '«6 V
for domestic, closing quiet. Pig iron has been in fair d
mand and farm at $14 5O@10 50 for domestic.
Refined petroleum has advanced, closing at 7-20c. in bhls
1,70c. in bulk and 7 95c. in cases. Naphtha steady at 10
l^rude certificates have been steady, closing at $1 13W'- cred
balances have been unchanged at $1 13. Spirits turpentii
ao?
ln Bl,Kbtly better demand and firmer, closing 1
42<342i£c. Rosins have been dull and easier, closing at *1 <
for common and good strained. Hops have been in lial
and finnn<i firm0r- W ° o1 has been ln fairly active demar

Ohas’ t o n , &c.
W ilm ’t o n , &c
N o r fo lk ____
N. N e w s, Ac.
AU o t h e r s ...

4 ,6 2 5
24 7
54
4,3 2 2
482
7,1 7 8

2,4 2 3
700
62 0
3,9 6 2
19 8
8,1 0 2

1,9 3 3
99 3
32
4,4 4 6
12 8
2,5 11

3 ,4 8 8
89 7
166
2,4 7 4
318
1,8 9 2

6 ,7 0 1
6
947
455
3 .9 4 2

160
179
2 ,2 6 2
54 7
2 ,1 2 1

T ot. th is w k .

8 8 ,0 5 8

3 9 ,0 3 8

1 6 ,1 5 2

1 7 ,8 9 0

2 9 .0 2 0

1 2 ,2 0 8

S ince B ept 1 8 1 5 5 191 8 4 4 0 ,0 4 9 6 6 2 8 167 5 1 2 7 ,6 1 9 7 7 8 1 ,4 0 2 5 8 2 1 ,2 7 2

The exports for the week ending this evening reach a total
of 70,089 bales, of which 22,863 were to Great Britain, 10,538
to France and 36 638 to the rest of the Continent. Below
are the exports for the week and sinoe Sept. 1, 1898.
Mxvort.
from —

eek Ending May 26, 1809. From Sept. 1,1898, to May 2 6,1899 .
Exported to—
Exported to
Great
lo ta l
Great France Conti­
France
lotal.
BriVn.
Week. Britain.
nent.
3 §
| I

M ay.

J u n e ...............

Galveston.......
Tex. City, Ac.

New Orleana..

Mobile..............
Pensacola
Savannah........
Brunsw ick....
C harleston....
Port ftoyal...
W ilm ington...
Norfolk..
N’Dort N., Ac
New York—
Boston .......
Baltimore. ..
Pnlladeiphla.
San K'ran., A cTotal . .
Total, 1897-98

.........
5,377 10,238

7,280

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

721
6,000
.........
.........

.........

11.888
-3,231

800

2,607

1?,183
24S
1,205

22 863

10,538 36.688

9,045

42,325

6.800

1,038,142 384.527
18.685
22,901 769,747 266,50 >
138,12ft
721
84,373 15,119
6,000
51,706 32,216
........
105.284
78,930
21,210
.......
118.002
......
45,211
18,9^5
...
24,071 284,014 23,560
3,47 ^ 305,-83
3,872 111,640
1,065
14,24.3
9,045
11,068

534,099 1.955,368
13.625
82,310
638,2 5 1,663,457
20 271 167,394
100 431 199,955
532,032 616,004
86,118 251,402
156,009 234,939
21,210
142.667 260,569
27,716
72,926
9,95->
29,940
22 j 605 633.179
6.648 371,131
99,648 212,341
14,243
116,559 130,627

70,08 ^ 3,820,003 722.012 2.717,980 0,765,996

22,173 71,298 3,287,983 785,8*6 2,962.121 7,035,950

LHE CHRONICLE

May 27, 1899.]

Lnaddit.ou u iaoove exports, our telegrams to-m ght also
give us the following amounts of ootton on shipboard, n o t
cleared, at the ports named. We add similar figures fo r
Saw York, which are prepared for our special use by Messrs.
Lambert A Barrows. Produce Exchange Building.
May

26

Ok SatPBOJLRD, HOT CLHA.RSD FOR—
at

OtJur OoaitGreat
Britain. Franct. Foreign teisc.

Total.

Ltavi n,
ttocK.

F utures . — The highest, lowest and closing prices
Futures at New York are shown in the following table.
2

■ Fair—
........................e.
Middling Pair...............
■ Met Oood Middling.......
Oood Middling.......... .
Strict Low Middling............
Lew M iddling..... . . ... ....
Strict Oood Ordinary.____

m n i Oood Ordinary . . . . . . .o. Hi* oa
r* on Oood Middling tin g e d ___ feres
** or. sw o t Middling Stained__
o0
Aion Middling Stained ............. T,. do
*!«od Strict Low Mid. Stained... i oS
digod Low Middling Stained....... lH ofl
V olf i

On this basis the o Boinl prices for a few o f the grades for
the past week—May 30 to May 26—would be as follows.

UPLANDS.
Good O r d l a t H T . ..............
Low M iddling....... ... . . . . . . . . .
Middling
....................................
...................
Oood
Middlinjr.....
Middling KaJr ............................
GULP.
Good O rdinary...... . . . . . . . ___
Low Middling............ „ .
M iddling....................................
flood Middling............................
Middling Fair ............................
STAINED.

s * t.
5*i*
5>*1.
6*4
«*»
7*.
S at.
a l!*
on*
**9

Sat*
M iddling.................................... *TS
Strict Middling,.......................... «■
Oood Middling Tinged ............ nt,

! lo a T u es
5*„ S*i s
»«*1* 51*14
aq
«q
6»s 0 s*
7*.
7q
y to n T «e«
57„
m'* 61„
e4 * «*»
6 7s 0’s
7A| 7%
Tin ri T a««
47* 47,
5**1, 8 **1«
61,, 0'*J
sq

W ed
5*1s
6q
fl*»
7*s
W ed
57„
«6*>.
q

Tk.
5*i*
S*«,.
6*4
5s*
7%
Tb.
57,.

F ri
5*,.
»’»»*
6*4
*5,
7%
Fr*
87|*
»»!•
«*,
67*
O’7*9 ! 7%
7»S
W ed T h . Fr»
I7* 47» * 7,
5*1.
61. e i„
6*4 6*4 6*4

The quotations for middling upland at New York on
May 23 for each o f the past S3 years have been as follows.

1899....0. 6*4 1 * 9 1 ...... «»»,« | 1883..W.O.107- | 1875.--.Osl6
1898___ _ 6^ | 1 89 0...... 12 m« 1882.........12i* 1874.
1397 ..... 7*, 18«9........ U U
1 8 8 l......l0 t* JS 1873........ 1 9 *4
1896........ 8*,« 1 1889...... in
1880......11 t** 1 1872........25*i
1896____ 7 V I 1887........ 1I*« 1 1879........13*4 1 1871........ 187«
1894.. .... 7*41386.. .... »q 1878.. . . . . 1 1 q1 1870.........22*
1
1885.. .... 11 1 8 7 7 .. . ..11 *4 1669........2-1,
1893.. .. .. 714,*
1 89 2 ...... 7*s : 1384........ U N 1876......11 A 1«68........30M
Sara.—On Oot. 1, 3S74, grade* of cotton as quoted were changed.
According to the new classification Middling was on that day quoted
%o- lower than Middling of the old classification.
MARKET ASP SALES,
The total sales o f ootton on the spot each day during the
week are indicated In the follow ing statement. For the
convenience of the reader we also arid columns which show
at a glance how the market for spots and futures closed ot
same days.

; Spot Marxist Mabskt Balm or spot A OoimtAC
Olq« bd , i Closed. Bx- I Qon- Oon Total
port, j wump. tract.
Saturday -,« » d yA..............
steady Quiet .........
Monday..
;quiet A Bt’dy 5751 to 2X> 77405
Tuesday 8t#adjr......... IMlPtMlT
290 1,113
4Q°
Wedne-day 8t*ndv ..... .... . Quiet Ast'dy 5051
297, 1.173 1 ,1 0 0 2.570
Yferttroday.
................
194
194
Friday.... . 8t*ady.............. Bfrly eteady. 7*0 4*>9
r 1 ,2 1 0
Total.
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New Orleana... 12,i'8 15.417 25,796 2,750 58.441 289,155 H
100 4,112 9,-70 42.793 * ’
None. 5.658
Savannah........ None. None. None. None. None. 20.414 Mt 0
700
700
8.816
Charleston....... None. None. Non-.
9.787
Mobile..............
None. None. None. None.
Norfolk........... None. None. 1,1*00 17,000 18,000 30.4»t CMO 1
New Y ork....... 6,750 None. 2.750 None. 8.500 162,5 5
Other ports__ 5.500 None. 2,700 None. 8,200 f 0.026 ® J
Total 1899... 23.728 21.075 32 316 24,562 101,711 620.002 001 a‘
Total 1898. . 37.035 10.692 41.599 15 597 104,973 398,592
Total 1897... 9.559 6 698 17.631 10,327 44.213 297,5*3 »-*
Si
Speculation in cotton for future delivery has been with
9l
out animation, a dull, narrow and uninteresting maiket M
O1

being expesienced for the week, with the fluctuatiors in
prices confined to a range of 5 to 6 points. Early in the
week the absence of advices from the English markets, which
were closed in observance o f the Whitsuntide holidays, had
a tendency to intensify the dullness. Weather condi­
tions have been of a more favorable character, the
fall of needed rains being reported In the Atlantic
and G olf States, and this prompted slightly in­
creased
offerings under which prices weakened a
few points early in the week. Subsequently, however,
steady foreign advices and limited buying by Liverpool of
the summer months to undo straddles gave a steaditr tone
to the market, and what loss there was in values was recov­
ered. To-day there was a dull and uninteresting market.
The English markets were again closed, and in the absence
of advices from abroad and no new developments locally,
prices barely changed, nntil at tbc close when, under lim ­
ited offerings by local traders, prompted by the favorable
crop prospects, values weakened slightly, closing 1©3 points
lower for the day. Cotton on the spot has been steady at
for middling upland.
The rates on and off middling, as established Nov. 16,1893,
by the Revision Committee, at which grades other than
middling may be delivered on oontract, are as follows.

1031

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The V isible S u pply o r Cotton to-night, *a made up by
cable and telegraph, is aa follows. Continental stocks, as well

as those for Great Britain and the afloat, are this week’s retums.and consequently all European figures are brought down
to Thursday evening. Bnt to make the total the complete
figures for to-night (May 26), we add the item of exports from
the United 8tatea, Including in it the exports of Friday only.
1990.

1908

1907.

1V 9.000
2 4 0 ,0 0 0
2 1 .0 0 0
503..965
2 2 4 .2 16
6 ,7 6 8

H O 000
1020 0
1 2 ,0 0 0
3 4 1 .7 6 6
1 0 1 .2 0 1
3 ,6 7 5

1800.

Block at Liverpool.........balaa. 1.477,000 1,171.000 1,128 000 1,080.000
Stock at London ...................... 5 .0 0 0
6.900
5 OOP 4 000
Total Orvwt Britain stock. 1,*82.000 1,171.000 1.1,0.000 1,084,000
Stock at Ilamlnirg..................... 27.000 12,000 10.000 28,000
Block at Bremen ..................... 301.000 315,000 189,000 217,000
Stock at Amsterdam................ 3,000
2.000
3.000 0,000
Stock at Rotterdam....... .........
200
300
300
200
Stock at Antwerp..................... 4.000
0,000
8,000 20.000
Stock at Havre...............
203.000 221.000 215.000 273 000
Stock at Marseilles.............
6.00 0
4.000
8,000 7.000
Stock at Barcelona.................. 101.000 93.000 81,000 83 000
Stock at flen o a ......................... 10 000 39.000 43.000 80 000
Stock at Trieste......................... SS.ooo
7.000 17 OOP 80.000
Total Continental stocks . 743,200 706.300 58t.3»c 7 ,7 300
Tatal European stocks__ 2,225 200 1,983.300 1,711.300 I 83(,200

Ind ia c o tto n afinat fo r E u rop e
A m er. o o tto n a flo a t fo r E 'r c p e .
E g y p t. B ra il!, A c ., a n t-fo r e ' ih>
Stm -V Ic ” ited S ta te , p o r t s ..
“ took In U. 8. In te rio r to w n * ..
U nited S ta te , e x p o r ts to -d a y ..

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

1 5 5 ,0 0 0
1 0 4 ,0 0 0
in , 000
3 5 0 .5 2 6
1 4 7 ,4 3 7
1 1 ,7 0 4

Total visible snpply...........3,696,0 0 3 013.159 2 801,032 2,615,867
Of the above, totals of A m e r ic a n an d o th e r d e s c rip tio n s a re as follows:
A m er ica n —
LI verpool stock.............bales. 1,395,000 1 ,082.000 072 000 917.000
664.000 4 9 9 1 0 0 600 000
C on tin en ta l s t o c k s ............ ..
6 7 8 .0 0 0
1 0 , OOO
192 0 0 0
A m erica n afloat f o r E u rop e. . 2C 8.0 0 0
2 4 0 .0 0 0
526
United S tates s t o c k . ................. 721,713 50 1 ,6 6 5 341 7 0 6 850
United States Interior stooks. 377 630 2 2 1 ,2 SO 1013 2679 15 147,437
11,704
0,7 6 8
U n ited S ta te s e x p o r t s t o - d a y ..__ 1 1 5 2 7 _
T o ta l A m e r ic a n ....................3 .3 0 2 ,8 7 0 2, 726 5o9 2,109,732 2,130,007
Rati Indian. Hraril, dc.—
L iv e rp o o l s t o c k ............................
S2.00C
89.000 153,000 163.000
4,000
6 .0 0 0
6 ,0 0 0
London stock.............................. 5,000
Continental stocks.................... 65.200 42.300 82 300 147.200
165.000
129,000
139
000
India afloat for Europe.......... 115.000 2 1 .0 0 0 1 2 ,0 0 0 1 « ,0 0 0
E g y p t, B ra sil, A c., a f l o a t ........
2 6 .0 0 0
485.200
T o ta l E ast In d ia , A c ........... 2 9 3 ,2 0 0 “ 287.300 301.300
Total A m e r ic a n ...................3 3**2.*70 2, 720.659 2.109 -*32 2.130 067
013,-59
2,501,0
.2
2,615.867
T o ta l v is ib le s u p p l y .. .......3,68e,070 8,
4*4(1. 4®.i2dL
M idd ling U p la n d , L iv e r p o o l..
3°sd.
8M .
80.
7% 0.
M idd ling U p lan d , N ew Y o r k ..
69 c.
8 « i 0.
0S«d.
Shut
413. d,
E g y p t O o o d B r o w n , L iv e r p o o l
5 "sd .
eqd.
« 7sd .
P ern v. R o u g h O o o d . L iv e r p o o l
U’ ed.
63, sd.
B roach P ine, L iv e r p o o l...........
8*"v,d.
4d.
32!, 3d. 4 'sad.
T ln n e v e lly O o o d , L i v e r p o o l. . .

3 » j, <1.

3Ssd.

4 isad.

rST The imports into Continental porta the past week have
been 86 000 balea.
The above figures indicate an increase in the cotton in
sight to-night of 672 211 bales as compared with the same
date of 1898, a gain of 1,185,038 bales over the corresponding
date of 1897 and an excess of 1,070,203 bales over 1896.

THE CHRONICLE.

1052

[V ol . l x v i i i .

Q u o t a t io n s f o r M id d l in g C o t t o n a t O t h e r M a r k e t s . —
A t the I nterior T owns the movement—that is the receipts
lor the week and since September 1, the shipments for th e Below are closing quotations of middling cotton at Southern
week and the stocks to-night, and the same items for the and other principal cotton markets for each day o f the week.
corresponding period of 1897-98—is set out in detail btlow.
CLOSING* QUOTATIONS FOR MIDDLING COTTON ON-

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The above totals show that the interior stocks have de­
creased during the week 10,805 bales, and are to-night 153,404
bales more than at same period last year. The receipts at all
towns have been 12,439 bales more than same week last year.
Ov e r l a n d Movem en t

fo r the

W

eek and

S in c e S e p t . 1 .—

We give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night. The results for the week ending
May 26 and since Sept. 1 in the last two years are as follows.
1898-99.

May 26
Week,
Shipped —
V ia 8t. L o u i s ........................
V ia C a ir o ........................................
V ia P a r k e r ......................................
V ia R ook Is la n d .......................... .
V ia L o u is v ille ................................
V ia C in c in n a t i...............................
V ia o t h e r r o u t e s , A c ..................
T o t a l g r o s s o v e r l a n d . . . .........

Deduct ikxp m etu i—

Since
Sept. 1.

1 8 97-9 8.

Week.

7,7 99
3.9 42

88 8,99 5
387,879

6,452
3,7 82

3 ,1 1 6
3,5 29
6.9 43

42,967
177,824
164,977
203,821

970
1,191
2,4 88

25,329 1,866,464

Since
Sept. 1 .
8 2 0 .7 3 9
3 6 7 ,9 9 6
3 1 ,013
46,471
12 7 ,0 5 9
1 4 2 ,1 7 7
15 5 ,9 9 5

14,883 1,6 91,4 50

O verland t o N. Y „ B o s t o n , A o
B etw een In te r io r t o w n s .............
In la n d , & o., fr o m 8 o n t h .............

6 ,3 1 9
5-16
2,377

50 3,18 8
43,962
8 6 ,8 8 0

7,5 0 5
643
878

4 6 5 ,1 1 9
3 2 ,3 0 3
4 3 ,321

T o ta l t o b e d e d a o t e d ___ . . . .

9,2 4 2

63 4,03 0

9,0 26

54 0 ,7 4 3

L e a v in g to ta l n e t o v e r la n d * .
1 6 ,0 8 7 1 ,2 3 2 ,4 3 6
* In clu d in g m ov em en t b y rail t o C an ada.

5 ,8 5 " 1,150,707

The foregoing shows that the week’s net overland movement
this year has been 16,087 bales, against 5,857 bales for the
week in 1898, and that for the season to date the aggregate net
overland exhibits an excess over a year ago of 81,729 bales.
In Sight an d S p in n ert’
Takings.
R e ce ip ts a t p o r t s t o M ay 2 6 .......
N et o v e r la n d to M ay 2 6 ..............
B oa tb era c o n s u m p t io n to M ay 26
T o ta l m a rk eted .........................
In te r io r stock s in e x c e s s . . . . . . .
T am e in to sig h t d u rin g w eek .
T ota l in sigh t M ay 2 6 .........
N o ith 'n sp inn ers ta k 'g s to M ay 26
* D ecrea se d a rin g w eek.

1 8 98-9 9.

Week.

Since
Sept. 1 .

3 8 ,0 5 8 8 ,1 55,1 94
1 6 ,087 1 ,2 3 2 .4 3 6
2 6 ,000
9 9 8 ,0 0 0

18 97-9 8.

Week.

Since
Sept. 1.

3 9 ,038 8 ,4 4 0 ,0 4 9
5,8 57 1 ,1 5 0 ,7 0 7
21,000 84 6,00 0

8 0 ,145 1 0 3 8 5 6 3 0 65 ,895 1 0 4 3 6 7 5 6
*10 ,8 0 3
27 3,51 1 * 1 3 ,1 7 2
179 150
6 9 ,340
10659141
2 2 ,9 9 7 2 ,0 5 6 ,8 6 0

Mon.

lu e s .

Wednet.

Thurs.

F ri.

.V ia

516 l0
5%
511,8
5=8
f 9ia
5 A
5 7s
6 >4
6%
6^

515,6

515,8
55,
1 ‘ llfi
56s
5® is
5 7s

515,8
5%
511,6
5®8
5®; 6
5 76
5 78
6%
6*4

516le
5%
film
5»s
f 9m
5 78
5 78

6%

614
6%
6 is

638
53t
513,8
516,6
5 78
5 7s

638
5%
513,8
51&10
5 78
5 78

A th e n s...............
A tla n t a .............
C h a rlo tte ..........
C olu m b u s, G a .

^O O ^O C daO Q O tC ^: WOO^-OQDtOtOtOCDO, 10-4**©

i»kOIO C» 3» 00 '* 4' 00 '0 'M

8atur.

5 U 1b
5^
5 »ie
5 7s
6*4
6*4
6 >s
6*4
5%
513,„
515!6
5 78
5 7s

6H /3>3e
5%
5 13ie
5151b
5 78
5 7g

V ie
5»8
5®is
5 7s
5 7s

6H
63g
5%

2
!a ' 6
516,6
5 7s
5’g

&78
ei4
6*4
6 ia
63a
5^
513,6
51618
&7e
5 7s

The closing quotations to-day (Friday) at other im portant
Southern markets were as follows.

aOOK»ODWy--»-ifOtOOSC^(3lO'lf*-^J£T3i^ O*©*CS© CS<10300 0000 ©H*
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«Do>a>s-*w
p-©WX'WtOW**OC"CO©W-J©-ltOW©-10'C*aclC»©©lt»©©p-£‘

MO**

May 2 6
G a lv e s to n ...
N ew O rleans
M o b ile .........
8 a v a n n a h ...
C h a rle sto n ..
W ilm ington.
N o r fo lk ........
B o sto n ..........
B a lt im o r e . .
P hiladelphia
A u g u sta .......
M em p h is—
8t. L o u ie ___
H ou ston------C in c in n a t i..
L o u is v ille ...

5 2 ,723
10615906
2 9 ,9 5 8 2 ,0 7 6 ,9 3 4

It will be seen by the above that there has come into sight
during the week 69,340 bales, against 52,723 bales for the
same week of 1898, and that the increase in amonnt in sight
t*-night as compared with last year is 43,235 bales.

6*8
5%
6*6
5*3

C o lu m b u s,M is s
E u fa u la .............
L ittle R o o k ----M o n t g o m e r y .. .

5%
538
538
50, a

N a s h v ille ..........
N a t c h e z ............
R a l e i g h ............
S h r e v e p o r t ___

5%
5®,e
6
5 7, e

W e a t h e r .R e p o r t s b y T e l e g r a p h . —Telegraphic advices
to us this evening are in the main of a more favorable nature.
The temperature has in general favored the development of
the plant, and at many points, where needed, beneficial rain
nas fallen. In the East coast district of Texas and in South­
ern Louisiana, however, dry weather has prevailed and
moisture is desired.
Galveston, Texas.—There has been a trace of rain on one
day of the past week. The thermometer has averaged 80,
the highest being 84 and the lowest 75.
Palestine, lexa s.—Dry weather has prevailed all the week.
The thermometer has averaged 76, ranging from 60 to 92.
Huntsville, Texas.—W e have had no rain the past week.
The thermometer has ranged from 69 to 93, averaging 86.
Dallas, Texas.—It has rained on one day of the week, the
rainfall reaching one inch and forty-three hundredths. A v­
erage thermometer 77, highest 93 and lowest 61.
San Antonio, Texas.—We have had rain on one day
during the week, the precipitation reaching four hundredths
of an inch. Minimum temperature 70.
Luting, Texas.—There has been no rain during the past
week. The thermometer has averaged 87, ranging from 69
to 94.
Columbia, Texas.—Dry weather haa prevailed all the week.
The thermometer has ranged from 65 to 98, averaging 78.
Cuero, Texas.—There has been do rain the past week.
Average thermometer 86, highest 94 and lowest 63.
Brenham, Texas.—W e have had rain on one day during
the week, the precipitation being forty-eight hundredths of
an inch. The thermometer has averaged 86, the highest
being 94, and the lowest 68.
Corpus Christi, Texas.—W e have had rain on one day of
the week, the precipitation being too small to measure. The
thermometer has ranged from 74 to 82, averaging 78.
Weatherford, Texas.—There has been rain on two daj s of
the week, the rainfall reaching one inch and ten hundredths.
Average thermometer 77, highest 93 and lowest 61.
New Orleans, Louisiana.—Dry weather has prevailed all
the week. The thermometer has averaged 79.
Shreveport, Louisiana.—The week’s rainfall has been fif­
teen hundredths of an inch on one day. The thermometer
has averaged 77, ranging from 61 to 90.
Columbus, Mississippi.—The week’s rainfall has been one
inch and sixty-three hundredths, on one day. The thermo­
meter has ranged from 54 to 90, averaging 76.
Leland, Mississippi.—There has been rain during the week
to the extent of fifty-two hundredths of an inch. Average
thermometer 70-9, highest 85, lowest 60.
Vicksburg, Mississippi.—It has rained on one day of the
past week, the rainfall reaching twenty-four hundredths of
an inch. The thermometer has averaged 76, the highest being
89 and the lowest 61.
Greenville, Mississippi.—The weather is clear and warm.
Meridian, M ississippi.-The crop is clean and growing
well, but much cotton is later than usual.
Little Bock, Arkansas.—Rain has fallen on two days of the
week, to the extent of one inch and thirty-eight hundredths.
The thermometer has ranged from 56 to 86, averaging 71.
Helena, Arkansas.—The crop has been improved by the
rain. Rain has fallen on one day of the week to the extent of
twenty-six hundredths of an inch. Average thermometer
68-5, highest 81, lowest 55.
Memphis, Tennessee.—With the exception of rather cool
nights towards the close the weather the past week has been
favorable for the growth of cotton. Replanting is active.
W e have had rain on two days, to the extent of forty-seven
hundredths of an inch. The thermometer has averaged 70'8,
the highest being 85-6 and the lowest 57-7.
Montgomery, Alabama.—Crops are improving since timely
moisture came. It has rained on two days of the week, the
precipitation being one inch and twenty-nine hundredths.
Average thermometer 74, highest 94 and lowest 55.
Selma, Alabama.—W e have had rain on one day o f the
past week, the rainfall being one inch and fifty hundredths.
The thermometer has averaged 77, the highest being 95 and
the lowest 55.

Mat 27.

Mobile, Alabama.—Reports indicate that good rains have
fallen in the Northern part o f the Mobile district, but there
has been very little moisture in the Southern portion.
There has been rain on one day the past week, the rainfall
reaching thirty-two hundredths of an inch. The thermome­
ter has averaged 77, ranging from 64 to 88.
Madison, Florida.—The week’s rainfall has been one inch
and seventy hundredths, on three davs. The thermometer
has averaged 80, ranging from 62 to 96.
Savannah, Georgia.— We have had rain on four days o f the
week, the precipitation reaching seventeen hundredths of an
inch. The thermometer has ranged from 58 to 98, averag­
ing 75.
Augusta, Georgia.—There has been rain on one day dar­
ing the week, to the extent o f one inch and seventy-one
hundredths. Average thermometer 72, highest 92, lowest 54,
Charleston, South Carolina. —It has rained on four days of
the past week, the rainfall reaching one inch and thirtyseven hundredths. The thermometer has averaged 72, the
highest being 90 and the lowest 58.
Stateburg, South Carolina.—Cotton is in fine condition,
the moisture having been very beneficial. it is a little too
cool just now. Rain fell on Monday last to the extent of
seventy hundredths of an inch. It was a thunderstorm
with brisk hail, but only slight damage, if any. Tne ther­
mometer has averaged 71-3. ranging from 51 to 90.
Greenwood, South Carolina. —We have had ram on one
day during the week, the rainfall being thirty-five hua
dredtha of an inch. The thermometer has ranged from 57 to
83, averaging 70.
Wilson, Iforth Carolina.— Rain has fallen on one day of
the week, to the extent of sixty eight hundredths of an inch.
Average thermometer 64, highest 76, lowest 48.
The following statement we nave also received by telegraph,
showing the height o f the rivers at the points named at
8 o ' c l o c k May 25, 1899. and May 28. 1898.
Mau 2 5 , ’ 99. M ay 28, 'ov,.
N ew O rle a n s ____ ......... A b o v c < cro o f g a u g e .
M e m p h is ....... ....
N a sh v ille ..............
6 hm r e p o r t .. . . . . .
V ic k s b u r g .............

Feet.

reel.

IV !
21 7
86
10*9
*9 4

150
24 7
8-3
14T
*2-3

I n d i a C o t t o n M o v e m e n t f r o m a l l P o r t s . — The receipts
of ootton at Bombay and the shipments from all India ports
for the week ending May 25, ana for the season from Sept. 1
to May 25 for three years have been as follows:
1 8 98-9 9.

Hecetp U a -

j Week.

18 97-9 8.

18 98-9 7.

Strict |
I Since
Sept. 1. ; Week.
Sept j

Week.

B o m b a y .... -* .( 3 4 ,0 0 0 i . s o e . o o o ! 73.000 i , * 97.000

For the Week.
from —

a,a.a* J

T o ta l all—
189 8 -9 9 ..
189-798
1 8 9 6 -9 7 ,.

2 ,0 0 0
..........
______

Since
Sept. 1.

5 0 ,0 0 0 1.3 83,0 00

Birue September 1.

Qreal 1 Oonli- 1
B rita in . nent
Total.

B om bay—
1 8 9 8 -9 9 ..
1897-98 .
1 9 96-9 7.
Oal c o t t a —
18 98 99
1 8 97-9 8,
1 3 9 6 -9 7 ..
M a d ra s—
1 8 99-9 9.
1 8 9 7 9 8 ..
1 3 96-9 7.
A ll oth er*—
1393 9 9 1 8 9 7 -9 8 .
1896-9 7

A

1 5 ,000
1 7 ,0 0 0
1 3 ,000 ' 15 ,000
3 1 ,0 0 0
3 1 .000

Great
B rita in .

Total

nent.

u .o o o
9,0 0 0
2 6 ,0 0 0

* 2 * .0 0 0
3 1 2 ,0 0 0
4 8 3 .0 0 0

4 4 8 ,OOt
321,001
509.CKX

2 .0 0 0
3 ,0 0 0
6,0 00

2 0 ,0 0 0
1 5 ,000
5 3 ,0 0 0

5 9 ,OOt-

2,0 0 0
2 ,0 0 0

6,000

1 7 ,0 0 0
3,0 0 0
1 4 ,000

1 9 ,OOt
5,00C
20 ,000

3 ,0 0 0
6 .0 0 0
3 ,0 0 0

7 ,COO
1 1 ,000
2 3 ,0 0 0

8 3 .0 0 0
6 8 ,0 0 0
7 4 .0 0 0

9 0 ,00<
79.CKX
97,00<

3 ,0 0 0 i 1 7 ,0 0 0 1 2 0 ,0 0 0
......... : 2 1 .0 0 0
2 1 ,0 0 0
..........1 3 6 .0 0 0
8 6 .0 0 0

2 3 .0 0 0
2 5 .0 0 0
8 1 .0 0 0

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

5 7 9 .OOt
413,000
0 8 5 .0 0 0

t„ , „ 1
.........

2,0 0 0 i

.......... j
_. . . j
1,0 00

l e x a n d r ia

1033

THE CHRONICLE

f99

R

__. . .
2 ,0 0 0
6 .0 0 0
3 ,0 0 0

e c e ip t s

Alexandria, B*jypty
May 24
R e ce ip t* ( o a n t a r v ) .,.
T his w e e k ............... ...
S ince S e p t l ...........

2 ,0 0 0

and

of

C o t t o n .—

1 3 9 3 -9 9 .

18 9 7 -9 8 .

1 8 9 6 -9 7 .

1 1 ,0 0 0
5 ,5 4 3 ,0 0 0

6 ,0 0 0
8 ,5 0 1 .0 0 0

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

T h it
Since
week. Sept. 1.
E x p o r t* (b a les)—
T o L iv e r p o o l............
T o C o n tin en t*...........

S h ip m e n t s

LH.OOt.

4.0 0 0 2 9 8 ,0 0 0
3 .0 0 0 31 *,00 0

This j Since
week. Sept. 1.

T h it
Bine*
week. Sept. .

3 ,0 0 0 :3 1 8 ,0 0 0
8 ,0 0 0 3 8 7 ,0 0 0

3 .0 0 0 31 3,00 1
3 .0 0 0 33 8 ,0 0 0

T o ta l E u r o p e ........
7 .0 0 0 8 1 0 ,0 0 0 10,000 7 0 5 .0 0 0
6 0 0 0 6 5 1 ,0 0 0
* A ca n ta r Is 93 p ou n d *.
t O f w h loh to A m erica to 1 8 9 3 -9 9 , 4 1 .7 1 8 b a le s ; In 1 8 9 7 -9 3 , 4 8 .1 9 2
ba le*; In 1 3 9 8 -9 7 , 4 7 .4 3 3 ba le*.

Manchester Market .—Our report received by cable
to-night from Manchester states that the market is quiet
for both yarns and sairciag , on account of the Whitsuntide
holidays. W e give the prices for to-day below and leave
those for previous weeks of this and last year for comparison.
1899.
_

sut vop

18 9 8 .

8 * ib t. Skirt- Goitre

in a t, common M id
to fin est.
JJpld

<1.
A. 8.
A.p.2 •5 U 16®6«16 4
- '28 5%. a j 1* 4
M ay s 53a d-SI* 1
** V/ 5 liifa £ 6 « ie 4
u 19 % 2? 6%* )4
*4 26(5%
4

(1.
A »1.
2 £ 6 11
2 £ 6 11
2
9 8 11
2 £7 0
2%j® 7 O
2«*£7 0

<1
3Sb
33e
3Ns
» i3s-.
3NS
33s

32* Oop

Tw itt.

iH Ibt. Shir

d.
a.
S i,e 3 7
' 78
*78

*.
4
l
® 6 78 4
£ 6 7g l

i

513, -313,

OoU’ H

ing t, commc
to fln e tt.

4

M id.

Tpldt

a.
8. t
3 £810^
2 la® 6 10%
2 £310
2 ® 6 9%
2 3»3 9
2 ®3 9

d.
321*3
319*3
3»ie
39,*
3%

Opr Cotton A creage R eport.—Onr cotton acreage report
will probably be ready about the 8th of June. Parties
desiring the circular in quantities, with their business card
printed thereon, should send in their orders as soon as possi­
ble, to ensure early delivery.
G overnment W eekly Cotton R eport.—Mr. James Berry,
Chief of the Climate and Crop Bureau of the Agricultural
Department, made public on Tuesday the following tele­
graphic reports on the crops in the Southern States for the
weekending May 22:
V i b o i x l a .— W eek , e x c e p t fo r e p a r t , n o t e n tire ly fa v o r a b le t o o ro p
p ro g r e s s .
N o r t h C a r o l i n a .—F a v o r a b le w a rn ), d ry w e a th e r , fo llo w e d b y
s h o w rrs w ith lo ca l h a ilsto rm s, w eek o lo a e d t o o c o o l f o r o o tto n ; p la n tink nearlilk co m p le tio n ; g o o d s ta n d s o f o o t to n ; c r o p s g r o w in g r a p id ly
an d c u lt iv a tio n g e n e ra l.
S o c m O a bolls '* . —L ig h t sc a tte r e d sh o w e rs , In sutiiolen t to re lie v e
d ro u g h t; c o t t o n b e in g c u lt iv a te d a u d c h o p p e d , w h e re u p g e n e r a l c o n ­
d itio n g o o d , s o m e y e t to bo p la n ted .
G e o r g ia —W a rm a n d d r y m o st o f w eek ; sca tte re d s h o w e rs h a ve
d o n o g o o d , b u t g e n e ra l ra in s n eed ed ; c o tto n olenn , w e ll w o r k e d an d
d o l a g f a ir ly w e ll.
lR
n A
> . — i . m » * nt irlai thul si ct
f(■'iL /<j
r viijii

w
l ' , tt M
f i ii ir ps
n ie t»• a
r ui n
i pn cenr at u

n l i n tv ti
i t unun rnuni ii ui i),

H fiY o r o

d ro u g h t o v e r la rg e w i-U o n , r e ta rd in g g r o w th o f c o t t o n ; c r o p s tree
from gra s* a n d w e ll w ork ed .
A l a b a m a . —O n ly it fe w s c a tte r e d sh o w e rs In ce n tra l a u d ea ste rn
o o u n U r r d ro u g h t b e c o m in g a n o n - in so u th p o rtio n ; c o tt o n sm a ll,
c o n d itio n fa irly g o o d , bu t b e in g se rio u sly d a m a g e d b y o u t w o rm s a n d
gra ssh o p p e rs.
M LvsisM riT.—S h o w e rs T h u rsd a y Im p ro v e d c ro p s in n o rth e rn a n d
m idd le se ctio n s: m o istu re s till d e ficie n t In so u th e rn s e c tio n , w h lo h Is
ba dly in n e d o f rain; te m p e ra tu re a b o v e n o rm a l, n ig . t« w a rm a n d
su n sh in e a b u n d a n t: c o tto n llrst p la n t e d b e in g c h o p p e d ou t, som e
h o e d , m uch la te p la n te d Dot u p a n d m a n y p lo w in g u p a u d re p la n tin g ,
-e c d s c a r c e and p o o r , sta n d s fa ir w h e re tips.
L o u i s i a n a . —E x c e p t sm a ll a re a In n orth ern p o rtio n o f S ta te, w h ere
good rains fell on 12th an d 13 th . d ro u g h t co n tin u e s ; In so u th e rn
p o rtio n c o tt o n has g o o d c o lo r , b u t g r o w in g s lo w ly ; Ip c e n t r a l p o r t io n
c o t t o n su ffering to r rain.
T ka as .—C lea r, w arm w e e k , sp le n d id (o r k illin g gra ss a n d w e e d s,
and v e ry fa v o r a b le f o r c r o p g r o w th , e x c e p t o v e r e a s t o o a s t, w h e re
d ro u g h t II d o in g serious d a m a g e ; c o tt o n In go o d o o n d lt lo n In so u th e rn
p o rtio n , som e ea rly p la n te d fo r m in g sq u a res; p la n tin g n o t c o m p le te d
In nor:.'ow n n o rtlo n . but b u lk o f c r o p c h o p p e d to sta n d s a n d In g o o d
-t a le o f c u lt iv a tio n , e x c e p t s o m e lo w la n d s t ill In g rass.
A r k a n s a s —O w in g t o rain v e ry litt le fa rm w o rk w a s d o n e ; o ro p s
g r o w in g w e ll, but m - d d ry w e m h e r. su n sh in e aud c u lt iv a t io n ; c o tt o n
o n ly ^falr, o w in g to fa u lty seed and c u tw o r m s , b u t p la n t lo o k s
T k n s k s s k e . —W arm , d ry w e a th e r, fo llo w e d T h u rs d a y b y rain an d
c o o le r , m inis c o n d itio n s fa ir ly fa v o r a b le , b u t c o o l n ig h ts fa v o r e d
d e p r e d a tio n s o f c u tw o r m s an d o th e r Insects o n c o tt o n , w h ich is c o n ­
s id e ra b ly Injured ; m u ch re p la n tin g n e ce ssa ry ; It Is, h o w e v e r, g r o w in g
an d w ell cu ltiv a te d .
O k l a h o m a .—Co t to n p la n tin g c o m p le te d , fa rm w ork u n d e r fa v o r
a b le c o n d itio n s r a p id ly a d v a n c e d .

These reports on cotton are snininarized by the Depart­
ment as follows :
C o tto n Is d o in g fa irly w e ll In the C a ro lin e s, G. o r g la an d T e x a s ,
b e in g d e a n a n d w e ll cu ltiv a te d . O v e r the ce n tra l p o rtio n o f the c o t ­
to n h o i! Insects h a v e ca u se d se rlo n s d a m a g e , an d o v e r the S ou th ern
p o rtio n * o f th e G u lf State* a n d F lo rid a ra in 1* m u ch need ed .

S ettlement of the L ancashire Cotton W eavers ' W ages
D ispute.—In our editorial columns to day, under the above
Ciptior. Vill be found an interesting article by onr special
Manchester correspondent.
E g y p t i a n C r o p . —The report o f the Alexandria General
Produce Aasociation on the cotton crop of Egypt for April
is as follows:
C o tto n s o w in g com im -n ce d e a rlie r till* y e a r than last. G e n e ra lly it
1* fin ished , e x c e p t In the n o rth e rn d -strict* o f lo w e r E g y p t, w h ere
s o w in g co n tin u e s . T h e c o o l an d bad w e a th e r o f th e end o f M arch and
first d a y s o f A p r il w a* u n fa v o r a b le to th e s p r o u tin g o f th e p la n t* and
a la r g e p ro p o r tio n ba d In o o n s e q u e n o e to b e ro-aow n . In s p ite o f this
tile y o u n g p la n ts a rc now In a h e a lth y a u d n o rm a l sta te , h a v in g p r o f­
ited by th e fa v o r a b le te m p e ra tu re o f the se c o n d h a lt o f A p ril, T h e y
a re n ot, h o w e v e r . In a d v a n c e o f la s t y e a r, w h en th ey w ere re a llv
a lre a d y ra th e r b a ck w a rd . T h e a cre a g e u n d er c o tt o n , w e are In form ed ,
Is e q u a l to th at o f 1893. rn s o m e p r o v in c e * a slig h t in c r e a s e Is n oted .
T h e c u lt iv a tio n o f M itailti has fa rth e r e x te n d e d t o the d e tr im e n t o f
A b b a s* ! w h ich o u lH va to rs h a v e g re a tly dlminl»hert|and a lm o st a b a n ­
d on ed a lto g e th e r In th e p ro v in ce * o f C h a rk ie b , Gfalioubieh and Behera, W ater t* m o e a b u n d a n t than In 1898, and Irrig a tio n taken
p la e e w ith su fficie n t fa cility . In u p p e r E g y p t an d the F a y o u m sow
Ing to o k p la c e ut the u su al sea son . H e re A sh m o u n l o n ly la so w n
O n an a v e ra g e the a cre a g e u n d e r c o t t o n In th e p ro v in ce s o f u p p e r
E g y p t a llow s a slig h t d im in u tio n up on la s t year. T h e p la n ts a re In
g o o d co n d itio n an d Irrig a tio n ta k e* p la co e a sily .

N e w Y o r k C o t t o n E x c h a n g e N o m i n a t i o n s —The f o l l o w ­
ing selections to be v o t e d for at the annual e l e c t i o n o n June 5
have been announce! by the Nominating Committee; Presi­
Cable advices to Mr. Fr, Jac Andres, of date Alexandria,
dent, Thomas N. Robinson: Vice-President, Samuel I. Hub­
bard: Treasurer, George Brennecke; Board o f Managers: May 11, state:
e co m p la in t* are b e in g r e c e iv e d o f the lo w s ta te o f th e N ile, bu t
George W . Baily. John L. Ballard, J. T. Gwathmev, E. A. a*Syom
e t th e re oan be n o d a n g e r t o th e g r o w in g c r o p . T h e tem p e ra tu re
Fachlri, Robert P. Mi D mgali, H, Hagedorn, George F. d u rin g A p ril h a s been t o o c o ld ,w h ic h n e c e s s ita te d r e p la n tin g In s e m e
Jones, David H, Miller. H, -1 Norden. M F, Parrott .Junes d lstrlot*. T he a rea p la n te d Is e x p e o t e d to b e fu lly e q u a l to la st se a s o n .
F. Maury, William Ray Rdbert H. Rountree, William
N e w E n g l a n d M i l l s S i t u a t i o n . — It Is reported that t h e
Tnbbs and Frederick Van Riper. Trustee of Gratuity Fund American Thread Co. has acquired possession of the Cohanto serve three years: Levi C. Lathrop.
m t and Nemasket, o f Taunton, Mass.; Globe and Sanford, of

THE CHRONICLE,

1031

[V ol. LXVIII,

Fall River; Bennett, Howland and City Mills, of New Bed­ B ALTIMORE—T o L iv e r p o o l—M ay 2 4 —Steam --r In d o re , 2 ,6 6 7 Total bales.
2 ,6 6 7
ford. Late advices from Fall River indicate that orders for
T o B re m e n —M a y 2 4 —S tea m er C re fe ld , 1 ,2 0 5 ............................
1 ,2 0 5
885
over 5,000,000 yards banting, for use in the Dswey celebra­ S a n F r a n c i s c o - T o J a p a n —M av 2 5 —S te a m e r G a e lic, 8 8 4 ........
i e g o , C a l .—T o J a p a n - M a y 2 0 -S te a m e r B e lg ia n K in g ,
tion, have already been received. Weavers and spoolers to Ba n D4 ,4
4 1 ................................................................ ....................................
4 ,4 4 1
the number of about 480 are on strike at the Cocheco Cotton S e a t t l e — T o J a p a n —M a y 2 0 -S t e a m e r R io ju n M a ru , 3 ,7 1 9 ___ 3 ,7 1 9
Kills, Dover, N. H.
T o t a l........................................................ ...................................... ............. 7 0 ,0 8 9
J u t e B u t t s , B a g g i n g , & C . —There has been a dearth of
The
particulars of the foregoing shipments, a r r a n g e d in
business in jnte bagging during the week under review, and our usual
form, are as follows.
prices are nominally
for 1% lbs. and 6%@G}4CGreat French, Ger- —Oth. FTrope—. Mexico
for 2 lbs., standard grades. Jute butts also continue dull at
B rit’ n. ports. many. North. South.
Ac. Ja pan . Total ,
30 0 8 ,6 4 6
100c. for p a p e r quality a n d 1 ®j C. for mixing to arrive.
N ew Y o r k . 1 1 ,5 8 8
7 5 0 2 ,7 8 7
2 4 .0 7 1
Below
we give the exports of cotton yarn, goods, &c., from Great
Britain for the month of April and since October 1 in
1898-99 and 1897-98, as compiled by us from the British Board
of Trade returns. It will be notioed that we have reduced
the movement all to pounds.
Ex p o r t s

op

Cotton G

oods

from

G

r e a t B r it a in .—

lotdt o f AU.

m oth.

Yam&Thread
000 omitted
l8e8-9o| 1897-08

Lbs.

Lbs.

1898-99

Yds.

1897-98 1898 99 1897-98

Yds.

Lbs.

Lbs.

1898-99

Lbs.

1897-98

Lbs

74,631
82,531
79,919

108,693
103,161
117,864

98,865
110,533
105,886

78,163 1,374,283 1,210,910 259,600 237,131

329,718

315,281

85.021
77,603
93,773

100,603
102,486
111,172

108,832
100.086
121,227

74,678 1,355,601 1.356,984 258,257 256,397

820,2J0

331,075

T otal 6 m os. 134,055 152.831 2.729,884 2,597,890 515,923 493,623

649,978

648,359

24.26S 24,234
N o v e m b e r ... 22,32c 27,952
23,474 25.907
D ecem ber
T o t-la t quar

70,052

January
February
M arch —

20.846 23,841
20,407 23.383
22,750 27,464

T o t. 2d quar.

64,003

April

P.19,926 23,835

446,899
427.823
499,561

453,653
434,194
467,754

431,660

390,544 84,440
432,14ft 80,83ft
418,220 91,390

449,974
410,715
406,205

368.940

85,757
82,078
88,422

81,600

69,712

Stockings and s o c k s .
Sundry a r t ic l e s .........

101,526

93,047

406
14,984

468
14,841

765,89?

T otal exports o f c o tto n m an ufactures -,

Tne foregoing shows that there has been exported from the
United Kingdom during the seven months 765,897,000 lbs.
of manufactured cotton, against 754,715,000 lbs. last year, or
an increase of 11,182,000 lbs.
A further matter of interest is the destination of these
exports, and we have therefore prepared the following
statements, showing the amounts taken by the principal
countries during April and since October 1 in each of the
last three years;
EXPORTS OF PIECE GOODS AMD YARMS TO PRINCIPAL COUNTRIES IX
APRIL AND FROM OCTOBER 1 TO APRIL 3 0 .

1,0 00
72 1
_____
1,205
......
__ . . .
......
..........

1 ,5 9 8 4,6 88
______ _____
.......... 6 ,0 0 0
______ .........
...............
. . . . . . _____
______ _____
.........................

T o t a l . . . . 2 2 .8 6 3 1 0 ,5 3 8 1 1 ,5 7 2

2 ,3 4 8 1 3 ,475

N. O rlean s. 5 ,3 7 7 1 0 ,2 3 8
P e n s a co la ................. . . . . . .
.........
S a va n n a h .................
B o s t o n ....
3,2 31
B a ltim o re .
2 ,6 6 7 ..........
S an F r a n .................. . . . . . .
San D ie g o ................ . . . . . .
S e a t t l e ..................... ..........

2 2 .9 0 1
721
6 ,0 0 0

3,479

248

..........

88 5
4.4 4 1
3 ,7 1 9

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

248

9 ,0 4 5

7 0 ,0 8 9

To Japan since September 1 shipments have been 113,659
bales from Pacific Coast, 15,073 bales from New Orleans,
13,960 bales from Galveston and 293 bales from New York.
Below we give all news received to date of disasters to
vessels carrying cotton from United States ports, &c.
T e v i o t d a l e . stea m er

( B r ), fr o m S a v a n n a h f o r H a m b u r g , w h lo h
g ro u n d e d in th e r iv e r a n d w a s d a m a g e d b y b e in g ru n In to b y
ste a m e r C ity o f M a c o n , as b e f o r e r e p o r te d , s a ile d M a y 2 6 fo r
d e s tin a tio n a fte r m a k in g r e p a irs an d r e lo a d in g .

Cotton freights at New York the past week have been
follows

rs

Satur.

Mon.

Tues.

Wednes. T h u n .

L iv e r p o o l, M a y .
12ia
12^
12>a
12ia
12hi
25*
H a v r e .................... c.
25*
25*
25*
25*
B r e m e n .... . . . . . . 6 .
19
19
19
19
19
H a m b u rg ............. e. 1 8 ® 2 0
18
18
18
18
A m s te rd a m ..........e.
25
25
25
25
25
R o tte rd a m ........... c.
25
25
25
25
25
R e v a l, v. H a m b ..e .
27
27
27
27
27
29
29
Do
v. H n l l ...e .
29
29
29
D o v . L o n d ’n.e.
27
27
27
27
27
G e n o a ............. ....... c. 1 8 ® 1 9 1 8 ® 1 9 1 8 ^ 1 9
18® 19 1 8 ^ 1 9
T rieste, d ir e c t ...* .
23
2 2 ,3>23 2 2 ® 2 3 22 2)23 22'2>23
A n tw e r p ............... e.
20
20
20
20
20
G h en t, v .A n t w ’ p . e.
26
26
26
26
26
Q u ota tion s a re ce n ts p e r 1 0 0 lb s. u n le ss o th e r w is e sta te d .
* A n d 5 p e r cen t.

F r i.
121a
25*
19
18
25
25
27
29
27
18 ^)19
22^2 3

20
26

L i v e r p o o l .— B y o a b l e f r o m L i v e r p o o l w e h a v e t h e f o l l o w ­
o f t h e w e e k ’ s s a l e s , s t o c k s , & o . , a t t h a t port.

ing s t a t e m e n t
Piece Goods—Yards.
(000* omitted.)

April.
1899.

■aat In d ies ............................... 223,884
T u rk ey, Bgvpt and A fr ica ...
60.200
C hina and J a p a n ...................... 44,137
Burope (e x ce p t T u rk e y )........ 25,057
South A m e r ic a ......................... 20.063
North A m erica ........................ 22,424
AU oth er oo u n tr le s................. 27,3b9

1898.
166,516
51,267
67,508
25,000
31,217
15,464
21,975

Oct. 1 to April 30.
1897.

1898-99

1897-98

M ay 5

1896-97

140,820 1,497,359 1,421,430 1,182,429
62,253 484,142 490,515 470.133
50,197 320,080 284,485 340,825
23.286 170,740 185,185 170.738
34.683 303,444 250,085 278,553
21.949 107,6*6 135,000 167,113
23,784 212,096 188,177 210,204

T o ta l y a rd s.......................... 431.660 368,949 340.872 3,161,544 2,907,507 2,840,995
T otal v a lu e .......................... £3,900 £3.367 £8,389 £28,950 £27,482 £27,948

Yarns—Lbs.

(000* omitted.)
H o lla n d .. .................................
G erm an y. .............................. .
Oth. Eu rope (ex cep t Tu rk ey
Bast In d ie s ................................
China and J a p a n .....................
T u rk ey and EKypt...................
A1I oth er c o u n tr ie s ..................

2,310
3,477
8.718
3,168
1,58?
1,871
1,536

2,710
3,750
3.604
3.8S0
3.827
1.963
1,286

2.835
3,393
3,847
3,790
3,160
2,195
1,250

17,074
25,061
28.297
26,907
13.455
16,257
10,807

22,201
21,050
27.795
33,757
22,250
18,337
11,074

21,084
25,310
20,309
24,970
16,210
16,273
10,534

T otal lb s ................................
T otal v a lu e ............ ..........

17,607
£63rt

21,089
£761

20,470
£813

130,801
£4,856

160,064
£6 950

140,690
£5.787

M ay 19.

The tone o f the Liverpool market for spots and futures
each day of the week ending May 33 and the daily d o sin g
prioes of spot cotton, have been as follows.
Spot.

Sat’day. Monday. Tuesday. Wed'day. Thursday Friday.
J

S h i p p i n g N e w s .— A s s h o w n o n a p r e v i o u s p a g e , t h e
e x p o rts o f c o t t o n fr o m t h e U n ite d S ta te s th e p a st w e e k h a v e
r e a c h e d 7 0 ,0 8 9 b a l e s . T h e s h i p m e n t s i n d e t a i l , a s m a d e u p
fr o m m a il a n d t e le g r a p h ic r e tu r n s , a re a s fo llo w s :

M a rk e t, )
1 :4 5 p. M.J
M id. U p l’ ds.

t

Total bales.

S p ec. & e x p .

N e w Y o r k —T o L iv e r p o o l, p e r stea m ers C ev ic, 3 ,0 1 0 u p la n d
(in clu d in g 30 0 rou n d c o u n te d a s 150) an d 57 Sea Isla n d
___ C ym rlo, 4 ,6 6 7 ...............................................................................
7 734
T o H u ll, p er steam er Id a h o, 3 .4 3 0 ......................................... 3,430
T o M anch ester, 1 er stea m er J . W . T a y lo r, 10 0 u p la n d an d
149 Sea Is la n d ........... ........................................................................
24 9
T o L on d on , p e r stea m er A m erloa n , 1 7 5 ............................ 175
T o H a v re, p er steam er S tra th lev en , 3 0 0 .............................
300
T o B rem en , p e r steam ers B a rbar.issa, 3 ,6 3 0 ___ K o e n ig in
L nlse, 4 ,9 1 6 ....................................................................
8 ,5 4 6
T o H a m b u rg, p er steam er P om p eii, 106 . . . . ’ . ” .’ .’ ” ' “ ” " ”
100
T o A n tw e rp , p e r steam er W estern la n d , 3 5 0 .............................
350
T o C op en h a gen , p e r stea m er T e x a s , 3 0 0 .....................................
300
T o C hristiana, j>er steam er T e x a s, 10 0...................................... '
100
T o O p orto, p e r steam er O ev en u m , 1 0 0 ...................................... 1
100
T o L isbon , p e r stea m er O even u m , 4 0 0 .................... .i
400
T o G en oa, p e r steam ers K aratna nn la , 8 6 7 ___ Saale, 4 0 8 .’ '"
1,2 7 5
T o N aples, per steam er Saale, 3 0 0 ..........
300
T o T rieste, p e r stea m er P ow h a ta n , 7 i 2 ......................
712
N e w O r l e a n s —T o L iv e r p o o l—M ay 1 9 —S tea m er T ra v e lle r,
7 .3 7 7 ....................................................................................................’
5 ,3 7 7
T o H a v r e - M ay 1 9 —Steam er O aravellas, 7 ,5 3 8 .. ’ . M a y 2 5 S tea m er Spanish P rln oe, 2 .7 0 0 ...................................... ............ 10 238
T o H a m b u rg —May 2 2 —stea m er A fo n w a n , 1 ,000 .
1,000
T o A n t w e r p -M a y 19 -S te a m e r S ocra tes, 9 4 8 ___ M ay 2 5 —
8 tea m er A frloa , 6 5 0 ...................... ......................
........ ...........
1 59«
T o Fiurne M ay 2 0 —S team er A q u ilcja , 2 0 0 ...............’ 2 OO
T o T rie s te —M ay 2 0 —Steam er A q u ilq ja , 4 ,4 8 8 ..........................
4 488
P e n s a c o l a —To B rem en—M ay 19—S tea m er T roia n , 72 1 (a dd i
1
t lo n a l)...........................
..................................................
72 1
Sa v a n n a h —T o B a rcelon a —M ay 25—S te a m e r E lto m ’e . d o o ........
6 ,0 0 0
BOSTON—T o L iv erp ool—M ay 1 6 -S t e a m e r V iotoria n , 2,9 2 5
May 1 9 - S team er C atalon ia , 2 6 5 ........M ay 22—Steam er
K an sas. 4 1 ..............................................................
3 231
T o Y a rm o u th —M a y 2 4 —stea m er B oston ,' 2 4 8 " ” .’
”
’248

May 12.

Sales o f th e w e e k ............b a le s .
5 6 .0 0 0
3 4 .0 0 0
10 2 ,0 0 0
3 2 .0 0 0
O f w h lo h e x p o r t e r s t o o k . . .
3 ,1 0 0
3,4 0 0
2 ,2 0 0
4 ,8 0 0
O f w h ich sp e c u la to rs t o o k .
300
1,500
800
1 ,4 0 0
6a es A m e r ic a n ..........................
5 1 .0 0 0
9 1 .0 0 0
7 1 .0 0 0
2 9 .0 0 0
A otu a e x p o r t ..............................
8,0 0 0
14 .000
13.000
1 5 .0 0 0
F o rw a rd e d ....................................
6 1 .0 0 0
6 6 .000
7 2 .0 0 0
4 1 .0 0 0
T ota l stook —E s t im a t e d ........... 1 ,6 0 1 ,0 0 0 1 .5 4 9 .0 0 0 1 .5 0 1 .0 0 0 1 .4 7 7 .0 0 0
O f w h loh A m e rlo a n —E stm ’ d 1 ,5 1 6 ,0 0 0 1 .4 6 7 .0 0 0 1 .4 2 1 .0 0 0 1 .3 9 5 .0 0 0
T ota l Im p o rt o f t h e w e e k ........
2 8 ,000
5 3 .0 0 0
3 6 .0 0 0
3 2 .0 0 0
O f w h ic h A m e r ic a n ...............
3 9 .0 0 0
2 0 ,0 0 0
2 6 .0 0 0
2 1 .0 0 0
A m o u n t a flo a t............................
6 4 .0 0 0
7 5 .0 0 0
6 2 ,0 0 0
6 4 .0 0 0
O f w h lo h A m e r ic a n ..............
5 6 .0 0 0
6 7 .0 0 0
5 5 ,0 0 0
5 5 .0 0 0

Quiet.

tq

0
0*
&
<<

Futures.
M a rk e t, (
1 :4 5 P.
M a rk et, )
4 P. M. (

Steady.

33s

0
a
<s

Fair
business

3%

50 0

33s

1 ,0 0 0

500

D'

2s
<

*

Quiet at
partially
1-04 dec.

Quiet.

Steady.

j

Dull.

Quiet.

Quiet but
steady.

* A A v r xA w V O g a A u o m o i s
u iv u r p u u .
for each day are given
below. Prioes are on the basis of Uplands, Low M iddling
clause, unless otherwise stated.
tied.

O a5
given in p en ce a n d
2 3 3 -6 4 a .. a n d 3 01 means 3 1-64(1.
S a t.

M ay 2 0 to
May 2 6

M a y ...............
M a y -J u n e ...
J u n e - J u ly . .
J u l y - A u g ...
A u g .-S e p t...
S e p t .- O c t .. .
O o t.-N o v ___
N o v .-D e o . . .
D e o .-J a n ___
J a n .-F e b ....
F e b .-M o h ...
M o h .-A p r il.

M on.

J
!
•

-

I
!
•

T h u s : 2 6 3 m ean s

W ed.

T bu rs.

F r i.

4

4 1:4 5 4
1 :4 5
P. M. P.M . P. M. P.M . P .M . P .M .

d.

is
•

T nes.
1:4 5

I

es
p*

64 the.

es
§•

3
3
3
3
3
3
3
3
3
3
3
3

20
20
21
21
21
21
20
20
20
20
21
22

d.
3 20 3
3 20 3
3 20 3
3 21 3
3 21 3
3 21 3
3 20 3
3 20 3
3 20 3
3 20 3
3 20 3
3 21 3

d.
21
21
21
22
22
22
21
20
20
20
22
22

d.
d.
d.
3 20 3 21 3 21
3
3
3
3
3
3
3
3

20
21
21
21
21
20
20
20

3
3
3
3
3
3
3
3
3 20 3
3 21 3

21
21
21
21
21
20
20
20
20
21

3
3
3
3
3
3
3
3
3
3
3 21 3 21 3

21
21
22
22
21
21
20
20
20
21
22

G
O
sa

D AILY CLOSING PRICES OP OATS IN N E W

B R E A D S T U F F S .
F riday , May 26, 1899.
Only a limited volume of business has been transacted in
the market for wheat flour, as buyers and sellers have been
apart in their ideas of values. Owing to the crop damage re­
ports and the advance in the grain, sellers have held for
higher prices. Buyers in some instances have advanced
their bids, but not to the extent o f the rise asked; conse­
quently the sales made have been confined to peddling lots.
The export business has also been quiet, as shippers have
done practically nothing. The demand for rye flour has
been quiet, but prices have been unchanged and steady.
Corn meal has had a slightly better sale for export; prices
have been unchanged and steady.
Speculation in wheat for future delivery has broadened
somewhat, there being more activity to the trading, and the
tendency of values has continued towards a higher basis. The
principal strengthening features have been the reports of
shortage in the winter-wheat crop and damage by insect*.
European crop accounts also have been less favorable,
reports of damage iu Russian and Danubian provinces by
rust being received. Saturday there was a slight weak­
ening of prices under improved weather conditions.
Monday the market was again stronger and locally price®
advanced
on reports of damage to the crop by insects
and buying by the Southwest. Tuesday, under realizing sales,
there was a sight reaction in prices, although crop accounts
continued unfavorable. Wednesday the market was easier
eariy in the day under aggressive operations by bear opera
tors. Subsequently, however, on continued unfavorable
crop accounts the market turned stronger and the loss was
more than recovered. Thursday there was a fairly active
and higher market, prices advancing
on general
tuning stimulated by poor crop accounts from the West,
stronger foreign advices and less favorable crop accounts
from abroad. Business in the spot market has been rather
quiet, the settlement of the strike at Buffalo failing to
stimulate the demand from exporters to any material ex­
tent ; prices have advanced with futures. To-day the market
was easier in response to weaker foreign advices and under
realizing sales by longs. A full movement o f the crop in
the North wee t also was against an improvement in values.
The spot market was moderately active, the sales for export
here and at out parts amounting to 123,000 bushels.
c l o s ix u n u crca o r so. 2 b s d w u r m a at N E W Y O R K .
Sat

Mon.

Tut*.

85*
Cash w h eat f. o . b.........
84 %
83*
M ay d e liv e ry In e l e v . . . . 81*»
82*
31*
7 9 V*
79*
J a iy d e liv e r y in e l e v . ___ 78 %
79
Sep t, d e liv e r y In e l e v , . . . 7 7 *
78*
D ee. d e liv e r y In e l e v . . . . 7 8 *
70*
78%
DA.HeT CLOSING PRICKS o r no. 2 WRING IN

Bat.

M ay d e liv e r y In e le v ____ _ 7 2 %
Jrxit d e liv e r y In e l e v . . . . . . 7 3 H
8 « p t d e liv e r y In e le v ___ 7 3 %

Mon.
71
75
74*

Tut*.
7 3 **
74*
74*

Thtirt
© sd.
S3*
81*
83
79 %
8 1%
78 %
80*
79*
80*
C H IC A G O .
7 hurt.
Wed.
75*
74*
75*
76*
74*
76*

/M ,
83*
81*
79%
79*

F rl
74%
70*
75

Indian corn futures have received only a very moderate
amount of attention, and despite the advance in wheat
values there has been a slight weakening in prices. Early
in the week the market held steady on reports of
unfavorable weather conditions and delayed seeding.
Subsequently, however, under improved weather conditions,
increased offerings from the country and liquidating
sales, there develops 1 an easier tome and prices weakened
slightly. Business in the spot market has been fairly active,
as exporters have been buyers and prices have followed the
course of futures. To-day there was a further slight de­
cline in prices under limited offerings. The spot market was
fairly active, the sales for export here and at outports
amounting to 550,000 bushels.
d aelt c l o s in g

r s tic s s o r s o . 2

Sal.

Cash c o rn f. o. b , ........ .
40*
M a y d e liv e r y In e l e v . . . . 34 %
J u ly d e liv e r y In e le v ........ 3 3 *
8 e p t . d e liv e r y In e l e v ....
33%
DAILY CLOSING PRICKS OF 3IO..

Sal
H ay d e liv e r y In e le v ........
J u ly d e liv e r y In e le v ___
Sept, d e liv e r y Id e l e v . . . .

1035

THE CHRONICLE.

M a t 27, 1899. J

32*
33%
33*

x ix b d

cors

Mon.

Tut*

m

41*
40 %
39%
39%
38%
38*
38*
39
2 MIXED CORK

ifon.
33
33%
34%

n e w

Wtd.

YORK.

TKurt

40%
40%
39 %
39*
38%
38 %
39
38*
IN C H I C A G O .

Tut*.

Wtd.

Thurt.

32*
33%
33*

33
33%
34

33%
33%
83V,

Frt.
40*
39*
39*
38*
F rl.
32*
33
33%

Oats for future delivery at the Western market have been
quiet, and there has been a gradual sagging of prices, the
decline being most pronounced for this month's delivery. A
heavy movement of the crop has relieved the threatened
squeeze iu this month, and this, together with favorable
crop prospects, have been the depressing factors. Business
in the spot market has been quiet, as exporters have not
been buyers, and prices have declined. To-day the market
was weak and lower under free offerings. The spot market
was more active at lower prices; sales for export were 105,0<M)
bushels.

Sat.
N o. 2 m ix e d In e le v ..........
N o. 2 w h ite In e le v ...........

Mon.

31%
35

Fuet.
32

YO RK .

Wed.

Thurt.

32
31*
35
31*
34
D AILY CLOSING PRICES OF NO,. 2 MIXED OATS IN C H
Mon. I W » .
Sat.
Wed.
M ay d e liv e r y m e l e v ----- 27
26%
26%
26*
Ju ly d e liv e ry In e le v ....... 2 3 %
23%
23 %
23*
S e p t d e liv e r y In e le v ___ 2 0 %
20%
20%
20*

Fri-

31
31*
34
33
IC A G O

Thurt.

F r i.

2o^i
23*
20*

25%
22 %
19%

Rye has been quiet hut steady. Barley has had a limited
sale for feeding stock, but at easier prices.
Following are the closing quotations:
Utf
F in e ........ ................. 5 2 3 0 © 2 35
P a te n t, w in t e r ........53 8 5 © 4 1 0
C ity m ine, e x t r a s .. 4 1 0 © 4 6 5
su p e rfin e ........... .
2 5 0 © 2 60
E xtra, N o. 2 ............ 2 5 5 © 2 65
R y e flou r, su p e rfin e 3 0 0 © 3 3 5
B u ck w h e a t flo u r ............... © ___
E xtra, N o. 1 ........... 2 7 5 © 3 20
C o rn m e a l B akers’ e x t r a _____ 2 9 5 © 3 50
•traight*..........
3 5 5 © 3 75
w e s t e r n , e t c ___ _ 2 0 5 © 2 1 0
B r a n d y w in e ........
2 15
la t e n t . S p rin g ____ 1 0 0 © 4 65
>e b e lo w t h o s e l o r b a rre ls.!
fW h ea t flou r In sa ck s se lls a t pi
GRAIN.
C orn , p e r b n sh e.
o.
W heat—
e.
o.
H a rd D n lu th , N o. 1 8 5 % ® 8 7 %
W estern m i x e d . . . . . 3 8 © 4 0 %
N’ th 'n D n ln th , N o. 1 8 1 % » 8 4 *
N o. 2 m ix e d ..................3 8 * 0 4 0 %
R e d W in ter. N o. 2 .. 8 1 % © 8 3 *
W e ste rn Y e l l o w . . . . . . 3 8 * 0 4 0 *
H a rd M an., N o. 1 . . S l * » 8 8
W e ste rn W h ite ............ 4 2 4 ; © 44
R ye(la te—M ix 'd , p e r bsh . 3 0 © 32 *
w e s t e r n , p e r bn B h. . 0 0 * © 6 8
W h i t e ........................ 3 2 © 3 7
S ta te a n d J e r s e y .........60 © 6 4 %
No. 2 m ix e d ............. 31 9 3 2
B a rle y —W e s t e r n ...........45
954
Wo. 2 w h it e ............... 33 © 34
F e e d i n g ........ ................. 3 8 © 4 2
G o v e r n m e n t W e e k l y G r a i n R e p o r t . — Mr. James Berry,
Chief of the Climate and Crop Bureau of the Agricultural
Department, made public on Tuesday the telegraphic reports
on the grain crops iu the various States for the week ending
May 22 ss follows;
W e a t h e r . — E x c e p t In th e S o u th e rn S ta te s th o w e e k e n d in g M a y 22
1899, has b een u n s e a s o n a b ly c o o l an d u n fa v o r a b le fo r g e r m in a tio n
an d g ro w th , and w h ile tho w eek has b e e n m u ch w a rm e r th a n u su al in
the S ou th ern S ta tes, th e co n tin u e d a b s e n ce o f ra in o v e r a la r g e p a rt
o f th a t s e c t io n la p ro v in g v e r y u n fa v o r a b le . T o o m u ch ra in In the
w e ste rn p o rtio n o f K e n tu ck y a n d p o rtio n s o f M isso u ri and A rk a n sa s
has reta rd ed c u lt iv a tio n o f c r o p s . F ro s ts o c c u r r e d In the C e n tra l
R o o k y M ou n ta in r e g io n s and In lo c a litie s In th e m o re n o r th e r ly d is ­
tric t s e a st o f th e R o o k y M ou n tain s, c a n t in g o n ly slig h t d a m a g e .
C o r n . - N o r t h w a r d or th e M issouri an d O h io r iv e r s and In th e M id ­
d le A tla n tic S ta tes a n d N ew E n g la n d th e w eek h a s b een tnuoh t o o
c o o l fo r c o r n , r e ta rd in g Its g e rm in a tio n a n d g ro w th . I n th o m o re
so u th e rly d is tr ic ts the te m p e ra tu re co n d itio n s have been m ore f a v o r ­
ab le. b u t In p o rtio n s o f th e B o o th A tla n t ic a n d G o l f S ta tes th e c r o p Is
suffering fo r ra in a n d Is b e in g d a m a g e d b y ln s e o ts. In T e x a s , O k la ­
h om a, A rk a n s a s and K a n sas c o r n h a s d o n e w ell, P la n tin g is in p r o ­
g re ss in the so u th e rn p o rtio n o f N orth D a k o ta an d In M in n esota an d
n orth ern N ew E n g la n d , an d is w e ll a d v a n o e d in o th e r N o rth e rn
S ta tes, a lth ou gh re ta rd e d In S ou th D a k o ta . I o w a a n d N ew Y ork .
W i n t e r W h e a t . —W in te r w h e a t 1* r e p o r te d as h a v in g b e e n c o n s id ­
e r a b ly d a m a g e d b y ln s e o ts In the ce n tra l v a lle y s an d M id d le A tla n tia
S ta tes, an d on the w h o le the p ro s p e c t In the S ta tes e a s t o f the R o o k v
M o u n ta in s Is le«s e n o o u ra g ln g than a t the c lo s e o f the p re v io u s w eek .
It Is g e n e ra lly h e a d in g lo w . In C a lifo r n ia , w h ile ra in s w o u ld p r o v e
b o n eflela l in the sou th ern p a rt o f the S ta te, the o u t lo o k fa v o r s a la r g e
orop. O w in g to the u n se a so n a b ly l o w te m p e ra tu re fo r se v e r a l w e e k s
the g ro w th o f w h eat In O reg on a n d W a sh in g to n has b e e n v e r y s lo w ,
b u t the c r o p 111 th e s e S ta te s lo o k s w ell. H a rv e s tin g has b e g u n In
T e x a s a n d A la b a m a .
s r R ts i} W h e at . —Sp rin g w h ea t seswtlng w ill b e fin ish ed In th e R e d
R iv e r V a lle y by M ay 25; It Is n o w p r a c t ic a lly c o m p le te d In N o rth D a­
k ota , but h a s been d e la y e d In O re g o n . O v e r th e so u th e rn p o rtio n s o f
the sp rin g w h e a t r e g io n the co n d itio n o f the o r o p is p ro m is in g , no
m a te ria l d a m a g e h a v in g re su lte d front re ce n t fro st* .
O a t s — The g e n e ra l co n d itio n o f tho o a ts c r o p 1* p ro m is in g . In p o r ­
tio n s o f th e S o u th e rn S ta te s, h o w e v e r . It h a s su ffered fr o m d ro u th ,
a n d In S ou th D a k o ta and W a sh in g to n fr o m fr o s t . H n rv o st h a s b e g u n
In th e S outh A tla n t ic a n d E ast G u lf S tates,

The movement of breads tuffs to market as indicated in the
statements below is prepared by us from the figures col­
lected by tne New York Produce Exchange. The receipts at
•Veatern lake and river ports for the week ending May 20, and
ilnce Aug. 1, for each of the last three years, have been;

Uettvtt a t a t c a u r o ............

Corn.
Wheat.
Oat*.
Barley.
Bbl*.l96lbi Bueh.OQlbe Dueh.Mlb* Binh.32lbt Buah.iSlb; Bu.beib
18.160 185,30.! 062.200 1395,237
63.C60
24.000
F lo w .

kf Uwaako*
to la th

C la r e t* n d

31,300
30,060

87,000
137

28,000
2,402

5,250
24,750

9.100
1.8C0

2,207.030
0,215,047,
2.860,17*

1,797,022
6406.218
1,927,032

3,129,211
3.002,062
3.3W6.268

230.043
414.700
341,098

130,062
182,038
08,141

...

18.IS5
6.100

L o a li....

’ • o r lit. . . . . . .

City.
868,337
833,781
237,471

Tofc.wfc/99.
Seme wk.*98.
Seme wit.'97.
SK.k ; «

380,40!)
07,191
177,880
88.000
13,300
04,403
200,400
224.400
48,000

119,500
0,350

toe.oooj

56,050
104,024
83.600
178 167
64,731
152,416
288,085
145,550
128,0<X

2.157
24.206
2.600

P otato..........

Kabsas

108.900]
402,048:
007,0*0]
134.010
25.771
110,70#,
135.0811
11,050

« e ,i)io

...

ito u o lt......

St.

**

Aug.

I*

* 898-99................

1897-08.......
1896-07.........

18,133,100 2 8 8 #70.6#*; 174, 810,148 141,784,341 33.900.051 9,779.969
8.703 5-32 206.010,355 802,009,835 157,920.973 33.900.992 10.119.571
2.156315 146 81R8751129,072,944 142 223.171 35.832.815 0.537,806

The receipts of flour and grain at the seaboard ports for the
week ended May 20, 1899, follow:
Itlour,
bbl*.

fieteiptaat—

New Y o rk ...,..,
Boston...........
M ontreal........ .
81,928
Philadelphia
Btlttinore . .... . ........ 120,201
Sew Orleans**..
Newport News
Portland, Me ..

o *83
714
6 464
... .

1.430

Oat*,
Corn.
Wheat,
bush.
bueh.
bu*h.
737,2i)0 1.143,925 1,742.760
631,473
212,032
12V 00
006,688
330,018
738,8 <8
87,930
484,431
854,64 4
PlH.SlMH
217,302
230.669
4,040
9,782
28 498
60,310
133.700
40,005
17,143
9,228
65,884
47,221

i 7,670

Bariev,
buth.
61,400

i?V<,
bu*h 308,076
’ 19,081
"08,921

284,530

2,348,770 3.952,970 3,870,608
61.400
Total wee it
396,077
.VP6* 1898. ... ........ 401,749 8.431.964 6,818.876 2.607,153
27,075
053.207
•R oeipt** do not include icrata pasting throturn New Orleans lo r to : sign
ports on through bills o f ladlna.

receipt* at ports trom Jan. 1
follows for four years:
IS9H
1W9.
Receipts • /—
T o ta l

flour ...............

Wboat —
Ooru .....
W U .........
krtey....
• tu. ......

t o M i y 20 o o i u p a r b a s

7.728.500

7,977.112

..b b li

1890.
4,790,440

1887.
0 143.055

.busb. "s7.e0fl.S51
06.71 «,703
20.604.341
1.3*3 840
6.0*4.013

"S8.01S.252
01.000.456
40.083.764
2.065.685
7,103.061

11.872,702
82.343.001
24.140.493
6,013.339
2.802.950

""l2.037.204
a l l 95.003
18.921 049
3,2*9,428
082,944

184.831.761

180.740.277

126.178.491

00,026,228

Total aralu.

The exports from the several seaboard ports for he week
ending Mar 20. 1899. are shown In the annexed statement.
■
■/
- •
«Rye,
—
«*— , Bariev
Peas
Flour,
Oats,
Wheat, Com
bush.
bush.
bush.
bush.

Experts from— bush.

N#w York.
Bottoo.............
Portland. Ma.
Philadelphia..
Baltimore.......
New Orleana..
Norfolk............
NowpTt Newi
M ontreal.......
OaWeetoD. . . .
Peoeacola . . . .

VOL. LXVUI

THE CHRONICLE.

103 i

610,«00 1,141,340
347.181 60M 08
1?,670
47.281
28,000 253,404
080/81
3 2 /0 0
84,408
100.000
55.884
9,228
17.143
389.007 074.429

bbls.

bush.

68.492 441.887
7,4b 6
88,828
7.014 284,630
34.902 . . . . . . . .
8 1 /0 0
00.000
3,730
745
714
............
9.283
10,191 318.852

0,464 ........
1.430

Total week.. 1.408.fi08 3.330.430
Same time ’98.2.695.943 0.631.803

112.6b 1

0,030

‘ oo.Sis

*10.979

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

»

171.P62 1J84.343 198,131
235,410 2.872,150 1,029,121

40,383

firm in price. There is but an indifferent demand for fl a n n e l *
and blankets and no change in prices.
D o m e s t i c C o t t o n G o o d s . — The exports o f cotton g o o d *
from this port for the week ending May 23 w e r e 19,137
packages, valued at |654,796, their destination being to the
points specified in the tables b elow :

C h in a .......................

Since J a n . 1

91 3
448
10 7,35 5
1,4 94
2 1 ,3 9 8
6 ,1 7 7
1 2 ,1 6 0
1 ,9 3 1
4,1 5 8
2 0 ,2 5 4
4 ,0 8 0

62
15
6
87 5
1 ,7 6 0
65
11 6
151
96
3 ,7 5 6
84

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

1 9 .1 2 7

18 0.41 8
6,7 4 2

6 ,9 8 6

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

19 ,127

1 8 7 ,1 6 0

6 ,9 8 6

1 3 5 ,9 7 9

I n d ia ......................
A r a b ia .......................
A fr lo a .........................
W est I n d ie s .............
M e x ic o .......................
C e n tra l A m e r ic a .. .
S o u th A m e r ic a ___
O th e r C o u n t r ie s ...
T o t a l..............................
C hin a, v ia V a n c o u v e r '

153,241

The destination of these exports for the week and sin ce
September 1, 1898, la as below.

Week.

Week. Since Ja n. 1
22
2
16 ,356

G re a t B r it a in ...
O th er E u r o p e a n

.............
90.636
71.917

18 98

18 99.
N e w Y o r k to M a t 22

T o t a l___

029
53 5
77 3
68
21 9
52 1

97

■ F ro m N e w E n g la n d m ill p o in t s d ir e c t .

The value of the New York exports for the year to date
has been $6,318,446 in 1899, against $4,661,606 in 1898.
The demand from both home trade and exporters for heavy
58,476.819 brown cottons has been in excess of available supplies, and
United Kingdom 95,188 8.037,322 1,201.350 60,813,923 1,589/01
04,81’
,624
262,613 44,626.220 1,719.176
2.100.407
Continent............
17,vp4
Business has been done
84,220 the tendency of prices is upwards.
8,770
............
196,700
900,906
8 . 4 C. America.
16.4<9
046,962 for export in shipments as far off as November and Decem­
17,161
960,690
West In die*........
28.604
236,258
854
193,280
Br. N. Am. Colo’s
8.382
Fine gray goods are well sold ahead and very firm in
1,104,069 ber.
408
638,165
338,978
Other countries..
6.505
price. Business in ducks and osnaburgs quiet, but prices
” 171 302 13.197,649 1,403,903 101,573,004 8.830,430 124.859,948
To________
al
There have been further advances re­
__
236.410 10,871.815 2.095.943 93,599,150 0,534,803 147.88~.S18 well maintained.
Total
1 ^ 8 ....
The visible supply of grain, comprising the stocks is ported in bleached cottons, chiefly in the medium grades,
demand has fallen off to some extent and the market is
granary at ihe principal points of accumulation at lake and The
quiet but firm at the advance. Wide sheetings are generally
seaboard ports. May 20, 1899, was as follows:
5 per cent higher. Cotton flannels and blankets in quiet re­
Barley
Oats,
Corn,
Rye,
Wheat,
busr*.
order demand at firm prices. Sales of denims, ticks, plaids
bush.
bush.
bush.
bush.
Jn store at—
7.00<
004.000
179,000
537.000
323.000
®w York.................
and other coarse colored cottons are moderate, bnt stocks
1 1 . 0C0
afloat...
Do
are in good shape and prices firm, Kid finished cambrics
£0,000
40,000
Alban;
335
O
C
O
19,000
159,000
449.000
385,000
quiet and unchanged. Light fancy prints are scarce, new
Do
afloat..
080,000 dark fancies in good request.
590,000
148.000
Indigo blue prints and some
7,293,000
4,707,000
Do
afloat..
182.00C makes of mourning and shirting prints are advanced } . { g . per
11,000
10,000
Milwaukee.........
yard. There is no change in the gingham situation; demand
Do
afloat..
135,000
1,857,666
IO8.066
2,402.000
0,818,000
Duluth .............
moderate but supplies scanty and prices firmly upheld.
Do
afloat..
1,000
iee .666
213.000
Print cloths inactive at 2%c. for regulars. Odd goods in
239,006
Toledo
Do
afloat..
’ 1,001 moderate request at firm prices.
4,066
11.0C0
23 000
100,000
afloat..
Do
F oreign D ry G oods.—The market is very firm on dress
Oswego.
2,000 goods and tending upwards, with moderate orders coming to
' 53.606
124,000
277,000
Do
afloat..
hand. Silks quiet but steady. Linens are dull. Ribbons
10.000
4.000
Qlnelnnatl...........
247,000
607.000
540,000
are irregular. Burlaps dull but steady.
Flour.
Week Since Sept.
Exports for
week and line# ■May
■ ■20, 1,1838.
bbls.
Sept. 1 to—

85,000
178.000

Toronto .

02,000

Philadelphia.
Peoria ............
Indianapolis .
Canras City..

7,000
08,000
981 000
470.000
Minneapolis ............. 7,740,000
On Mississippi River.
2.240.000
On canal and riv e r.. . ^ 21: 2,000
Total
Total
Total
Total
Total

May 20.1869 25.40°,000
May 18, i 8 V9 . 20 ,o« 4,OOu
May 21.1898 23.C8i,000
May 22.1897 88 296.000
May 23 1890 51.398.000

■Wheal.-------- .
Week Since Sept.
May 20. 1. 1898.
bush.
bush.

16.000
523,000
555.000
ISO,000
30,000
23,000
322,000
783.000

91,000
928,000
80,000
117,000
55 000
930,000
1,118,000
2,160,000
20,000

1,671,000
625,000

17.019.000
19.180.000
19.504.000
11.475.000
7.990.000

8.023.000
7.788.000
8.114.000
.9,8-9,000
7.015.000

Com .----------

Week
Since Sept
1, 1898.
May 20.
bush,
bissh.

5,606

10,000
12,000

Im p o rta tio n s a n d W a re h o u se W ith d r a w a ls o f D ry d e e d s

9,000

The importations and warehouse withdrawals of dry goods
at this port for the week ending May 25,1899, and since
January 1, 1899, and for the corresponding periods of last
year are as follows:
g
33 g
2
M tjd
g.i-3
=to © CDsS-o 2
f©g g g i f
2 35
p
«5 ?S
SPrfaB

0,000

192,000
13,000

26,OCO

102,000

189,000

831.000
827.000
1.479.000
2.898 *100
1.620.000

1,537,000
1,6I9. in 0

639.0CC
1.624 00 .
941,0 0

g: : p; |

p:

rH E

DRV
ew

» •

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York, Fr

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«B.

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TRADE.
P. M., May 26, 1899.
There has been no diminution of strength in the cotton
goods division of the market, but the volume of business
trsnsacted shows some falling away compared with last
week. This has been quite as much due to the conditions
with sellers in several departments as to an indisposition on
the part of buyers to follow recent advances in others. Ia
the one division a considerable amount of business has been
tnrned down day by day, owing to scarcity of ready supplies;
in Ihe other puichases have been moderated by the higher
range of prices reached, particularly in bleached cottons.
The market is still in an extraordinarily clean condition in
such plain gocds as brown and gray cottons. The production
of these is on an nnuaually large scale, but it is so well taken
care of by existing contracts that even moderate current buy­
ing is sufficient to prevent any accumulation of stocks. In
addition to reports of many mills running over-time there are
others co ming to hand showing renewed activity in mill en­
terprises in the South, but few, if any, of the new projects
can be carried through in time to be a factor in the situation
this year, and the outlook is for a firm market for some
months to come. The woolen goods division is steady and
silks are firm. Collections good.
W ooi.f.n G oods.—T here has been a better demand this
week for men's-wear heavy weight fabrics, to which wor­
steds, plain and fancy, have chiefly contribnted. Fine grades
of fancy worsteds have sold better than for some time past.
Clay worsteds and serges are well situated and further ad­
vances in prices are looked for in the near future. Business
in heavy-weight woolens has been fair in piece dyes, but in
the lower grades of fancies of indifferent proportions. The
tone is steady and prices without change. The demand for
kerseys has again been the chief feature in the overcoatings
division and prices on these tend against buyers. Cloakings
are quiet throughout. Woolen and worsted drees goods are
quiet. Staple lines in both woolen and worsted makes are
N

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OHQOOIC*

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$

I HE (’ HRONiri.F,

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u e State's fiscal agency in New York Cily, the National
Bank of the Republic, the following bonds : Forty-five
$1,000 bonds, dated April 22, 1881, and numbered from 14 to
58, inclusive, and known a s “ Stries A .” Also seventeen
$500 bonds, dated April 22, 1881, and numbered from 59 to
75, inclusive, and known as “ Series B.”
The i fin a l notice o f this bond cull tcill be found among the
adverthements elsewhere in this Department.
Boone, Io n a .—Bond C U —C. S. Hazlett, City Treasurer,
has called for payment June 1, 1899, the following bonds:
Fourteen water bonds dated Novemoer 1 ,1890, for $500 each,
numbered from 51 to 04, inclusive, and payable at the Bank
of Farson, Leach & Co. in New York City: five water bonds
dated February 1, 1893, for $500 each, numbered from 65 to
69, inclusive, and payable at the National Bank of the Repub­
lic in New York City: seven water bonds dated August 1,
1892, for $500 each, numbered from 70 to 76, inclusive, and
payable at the First National Bank, in Boone, Iowa: and
forty one reiunding bonds dated May 1 1894, for $500 each,
numbered from 1 to 41, inclusive, and payable at the Chemical
National Bank in New York City; being all the outstanding
bonds issued by tbe City of Boone, Iowa, prior to June 1,1895.
Corvallis, Ore.—Warrant Call.—The City Treasurer has
called for payment all warrants issued prior to March 10,
1897.
Council Bluffs, I o w a —Bond Call.—City Treasurer W. B.
Reed has called for payment at Konntze Bros., Bankers,
New Yoik City, the following bonds :

rATi- A N D
N e w s ite m s.

B o s t o n , M a s s . — S e t t e r T a x L a w I eel <re<i U n c o n s t it u t i o n a l
— T h e S ta te S u p je m e C o u r t . b y a u n a n im o u s d e c is io n , o n
M a y 18, 1 8 9 9 , d e c l a r e d u n c o n s t i t u t i o n a l t h e s e w e r a s s e s s m e n t
s i a t n t e , C h a p t e r 4 2 6 , S e c t i o n s 7 a n d 8 , A c t s o f 18 97
T h is
s t a t u t e p r o v id e s t h a t t h e B o a r d o f S t r e e t C o m m is s io n e r s ,
w it h t h e a p p r o v a l o f t h e M a y o r , s h a ll a n n u a lly d e te r m in e
t h e s e w e r a g e c h a r g e s t o b e p a id l o r i h e c o n s t r u c t i o n , m a in ­
te n a n ce a n d o p e r a tio n o f th e s e w e r a g e w o r k s .
T h e d e c is io n
ib a l e n g t h y o n e , a n d s u b s t a n t i a l l y d e c l a r e s t h a t t h e c o s t o f
m a i n t e n a n c e a n d o p e r a t i o n o f s e w e r s is n o t a p r o p e r s u b j e c t
f o r a s p e c ia l t a x o r a s s e s s m e n t, b n t is t h e s u b je c t f o r g e n e r a l
ta x a tio n o n ly , a n d t h a t th e a ss e ssm e n t fix e d b y th e A c t c a n ­
n o t s ta n d a s a g e n e r a l t a x f o r t h e r e a s o n t h a t i t is n o t p r o ­
p o r tio n a l a n d e q u a l.
If i s s t a t e d t h a t t h i s d e c i s i o n w i l l c a u s e a l o s s t o t h e c i t y o f
B o s t o n o f a b o u t $ 3 0 0 ,0 0 0 , i n c l u d i n g s o m e $ 3 0 0 ,0 0 0 o r $ 4 0 0 ,U< *' a l r e a d y c o l l e c t e d f r o m t h e t a x p a y e r s .
C o u n c i l B l u f f s , l o w a .— D e c is io n in W a r r a n t S u i t .— O n
M a y » . 1899, J u d g e W a l t e r I . S m i r h , in t h e D i s t r i c t C o u r t ,
h a p d e o d o w n a d e c is io n in a s u it b r o u g h t t o d e t e r m in e th e
q n -.-tiO B w h e t h e r t h e w a r r a n t s i s s u e d f o r t h e c u r r e n t e x ­
p e n se s o f th e m u n ic ip a lity s h o u ld b e p a id p r io r t o th e o ld
w a r r a n ts o f p r e v io u s y e a r s y e t o u ts ta n d in g ,
't h e J u d g e h e l d
th a t th e la w p r o v id in g fo r th e p a y m e n t o f c u r r e n t w a rra n ts
o n t o f c u r r e n t r e v e n u e s d id n o t a p p ly t o C o u n c il B lu ffs , a s
t h a t c i t y w a s o r g a n i z e d s u b s e q u e n t t o 18 8 1 , a n d t h a t t h e
w a r r a n t s s h o u l d b e p a i d in t h e o r d e r o f p r e s e n t a t i o n .
An
a p p e s l .i t is s ta te d , w ill b e ta k e n a t o n c e t o t b e S ta te S u
p re m e C o u r t.
,
, ,
H u g h e s C o u n t y , S . D s k .— B o n d s V a l i d . — W e t a k e t h e f o l ­
l o w i n g d is p a t c h f r o m P ie r r e , S . D a k ., d a t e d M a y 17, 1899,
fr o m th e O m a h a “ B e e :”
“ J u d g e G a r la n d in t h e U n it e d
S t a t e s C o u r t t c - d a y g r a n t e d j u d g m e n t f o r $ 6 ,0 0 0 i n t e r e s t
c u p o n s on H u g h e s C o u n tv b o n d s in th e ca s e o f L iv in g s to n
K is to s t H n g h e s C o u n ty .
T h is d e c is io n s u s ta in s th e v a lid it y
o f $ 1 )2 ,0 0 0 H u g h e s C o u n t y r e f u n d i n g b o n d s i s s u e d i u 1 8 8 9 ."
D e l r o s e . M a s * . — F b fe * f o B e c o m e a C i t y .— T h i s t o w n o n
M a y 8 , 1889. b y a v o t e o f 3 2 6 t o 3 1 8 , a c c e p t e d t h e A c t o f t h e
S t a t e L e g i s l a t u r e m a k i n g it a c i t y . T h e A c t t a k e s e f f e c t J a n .
1. 190
N e w Y o r k C i t y . — L i s t o f L o n g In la n d C i t y B o n d s R ec a n ity D ecla red , I x g a l — W e g i v e b e l o w a f u l l l i s t o f t h e
b o n d * is s u e d b y L o n g Is la n d C it y p r io r t o c o n s o lid a t io n , a n d
w h ic h w e r e r e c e n tly p assed u p o n fa v o r a b ly b y th e C o r p a r a tiO B C o u n s e l , J o h n W h a l e n :
(.f-NSKAL i ll PRO VK* EXT JJ S W OF UOSO ISJLANU CITY fit“i f ED UNDER
OHAPTKK M l O f T il* I-At*S OV
I ill* o f & n d - .

D w U o f lb>nd*.

Hoyt Avenua.
1 .......... ........... ................ - ........ April
•
Huy*. .Avenue, A, *<*rt«* t . .............. .
...... -••■*•-• .•■April
18p* .
Hoyt A v*aa*. A 3.
....... .............. l. t,
•
ll*»yt Avenne. A, 8«?rt«» 4 ....................
................Dec. 10.184H.
, April 2, IhM, J
11* rrl* Av«cto«. B,
1,,
- ........................... *
C
t April 2, 180\ )
Harris A rena*. B. Herl«s 2 ...
................... ............. -April 2, l m
H am # Avenue. B, Beffe* &
— ........... .
.. .Sept.. 1. I ’ M ..
Broadway, G, 8-rlv# *.
........................................ .April 2, IflM,.
Hmadtray. C. Beno# 2........... ................ ..............................April 1 1gs*4 Broadway. C,
3 . ............................. . . . . . . . . . . . . . . BOfrt. {. !*»♦•
B r f.» o w * /,C .8 « f le fl— . . . . . . . .
................................
C m e e i t i t i M i , u.iteriM
..... .............................. May *, i w t .
» r n o n A rrn a *. K,
I ................. .
............. ......M a y i. 18JM.
»<Rt- 1, 1894..
!He1»way Avwim©, r , 8«m«w 1, jmbyIi MT......
... .Sept. 1. 1 S0 $..
*e*rtr.w«y Arena*. V, 8«rrl«* 2. paving............
S-*pt. 1 . 1S04 .
HtMtrnv *y Avean*. <*. tfeftse i« pipe aovrer ....
Hunter A re n a * .II.8 «tie * l . ................ — .......
___ Ilee. 10.1604..
Broadway. Sene* 6 . . , ...................
....D e c . I ", IMH..
JBra*<lway. Herle* «l......... .........................
Dec. 10. IMS*
fir o t O n i.& e r le if .,, . . . . . . . ... *— *.............
B r M 4 « » r ,!le n n l
. . . ...................................
„Dec. 10,. I MM .
Hopici n# A venae, rteriae 1
.............................................Dm . 10, 1804
Avenue, tteftaft
...................................JftD. I, 1^ 0 ■
H'Tptin* Arrau®, ttarle* 2...............................................•- Dec. 20, 18MI..
H opkt»9 A m u , 6 * f k « 3
...................... ............. Dec. £>.

... Sept. 1.

Broadway
BroAilvuf
fit .adwny
Bffjadwiy

anil
and
a 4
and

N f« t v t n
Newtown
Nrwtewn
Newtown

Hoad. Hr Her I. gradtn*. etc . . -Dec. 10. 1*5*4.
1bw*d, SerHsr 2. ttrmdlmr,
10, 1SVH..
Road. aerlee
irratl ntf. etc
Dei?, lw. li*R
RrtjwS, Sevier 4. gTadln*. etc ..D ee. 10, M&l,.

Intersection paving bond®. Issued Jon, 1 , 1S87, Nos. 14P to 157, Inclusive, $500
each, win betiald July 1.1860.
intersection paving bonds. Issued Dec. 12,1^87, Nos. 168 to 16d, Inclusive, $600
each, will be paid .June
1806.
intersection sewer bonds, issued Dec. 1 2 ,158?, Nos, 68 to 71, Inclusive, $500
©ach, will be paid June 12, laPO.
Intersection *ewer bonds, issued Dec. 19.1887, Noe. 72 to 7», inclusive, $600
cacti, will be paid June IP. 1*99.
Intersection newer bonds, issued Dec. *, 1888, Nos. 93 to 00, Inclusive, $300
caob. will be paid June n, loVflu
lutersoction iew or bonds, issued Jan. 7,1888. Nos. 97 to 101, inclusive, $500
each, will be paid July 7.1899.

Lewis County (M o.), Highland Township.—Bond Call.—
Bonds Nos. 43, 44 and 45, each for $500, and dated Jan. 1,
1 92, have been called for payment May 15, 1899. Rate of
interest was 5jf.
Pierce County, Wash.— Warrant Call.—Stephen Judson
County Treasurer, called for payment May 23, 1899, at
his office in Tacoma, all road and bridge-fund warrants
i issued in 1899 up to and including No. 3,609.
Plattsmontb, Neb.—Bond Call.—John P. Sat tier, President
of Council, has given notice that on June 1,1899, the followlin g bonds wilt be payable at tbe State’s Fiscal Agency in
New York City:

Jt:...unf- i

fiilAbO i $63,000 b1*b ftCboul refund In* bond*, dated A u*. 1. 1883, and due A off. 1 ,1906.
10.000 Ir&ervcctlon tavltut bondm dated Oct. i, 18S , and maturing o c t. 1 ,1907.
ao.roo
60,000 | 40.000 *torTO-water eurwer bond *, dated M ay i , 18-8, and m aturin g M ay I, I9c8.

6U.OAO ;
44.0C0

IP.roo

50.000

^ .000
50.000

60.01 0
lO.'JOO
HUOO
ii w I
? 0. 0(0

40,‘ O0

16,000
16,«C0
60,00.1
60.000
W.OOu
36.000

60.000

;to,o»30
60.000

60,0 0
* 0.000
;o,«xo

60,too

Ml,000
50. (Oc

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

Sen ¥«■ k State,—Legislature Adjourm—Ford Franchise
Tax Bill Amended —The .-pedal session of the State Legis!»tatM which convened on May 22, 1899, adjourned May 25,
Tbe most important legislation accomplished waa the passaue f a substitute bill for the Ford Franchise Tax Bill now
in the hands of the Governor. One change from the first
bill iransiers the power of sfses-ing franchises from local
boarits to the State Board of Tax Commissioners. Another
am-t-dmect provides for certain deductions, as follows :
i f w hen f b » la v »ji*ei»ctl on aay npccrt*] fnncblM < Is d u e and p arab le tinder
tb e pr«yvwfon9 o f law ap p lica b le to tb e city , tow n o r villa g e In w hich th e t«ui*r»pr» frerty \* io e cM d , it sh all appear th a t the pe rso n . c>>partoer»h1p, asaocla?...» ...r corp ora tion affected h as paid t o such city , »ow n or village lo r Its
M jtcm -fve u*e w ith in th e n e x t prB<s»diog year, un d er ar.y agreetneot ih e ie fo r .
«P9 requirtoff the aame. any sum ba«ed upon a percentage of
(tr«
“firaluics. or any other Income, or any licence fee, or any iam o f money
•»n S- *eint o f «« r * •pedal franchise granted to or po*»e**od by Fuch person,
eOparroertfuip.association or corpoiatton. amounts «o paid for the exclusive
r,«*> . f auen city, tow n or village, e*cepi money paid or expended for paving or
repairing o f p*«enaeat o f ary street, highway or public place, shall be deducted
from t*n t tax ?■•"«•! on the aaaes*inent made by the State Boar a of Tax Comaaisaionew for oity. town or village parnoae*, but not otherwise, and the remainder shar. he U»« tax on such special franchise payable for city, town or
village parpr*ses.

The Uovtrnor signed the substitute bill at neon May 26,
1899, and it will be known as Chapter 712.

B o n d C a l l s and R e d e m p t i o n s .

1037

The above bonds are now subject to call and interest will
cease on June 1, 1899.
The official notice o f this bond call will be found elsewhere
in this Department.
Red River County, Texas.—Bond Redeemed. -Thiscounty
has redeemed $6,000 court-house bonds from funds on hand
accumulated tor that purpose.
Kenovo, Pa.—Bond Call.—P. A. Kinsley, Clerk of Council,
has called for payment June 1, 1899, at the office of the Bor­
ough Treasurer. $500 bonds Noe. 63 to 66, inclusive, bearing
date July 1, 1896.
Tampa, Fla.—Bond Call.—This city has called for pay­
ment June 1, 1899 (after which date all interest will cease),
at the American Exchange National Bank, New York City,
$100,000 bonds, issued under Ordinance No. 38.
Ttw Jlcial notice o f this bond call will be found among
the advertisements elsewhere in this Department.
Taney County, M o.-B o n d Ca/L—Interest will cease on
M>>y 21, 1899, on the 6? bond of this county numbered 19 and
dated Nov. 13, 1883. Denomination of bond is $1,000
Tipton County, Tenn.—Bond Call.— Mr. John Craig, Chair­
man of the County Court, has called for paymenr at the
Union & Planters' Bank, Memphis, on June 5, 1899, after
which date all interest will cease, bonds Nos. 54 to 59, in­
clusive, of Series “ C," and Noa. 1 and 2 of Series “ D .”
Toledo, Ohio.—Bond Call.—G. U. Ronlet, City Auditor,
called for payment April 1, 1899 (on which date iulenet
ceased), at the Importers' & Traders’ National Bank, New
York City. $250,000 5£ bridge bonds, Securities are num­
bered from 1 to 225, dated Oct, 1 .1883, and frem 226 to 250,
dated Oct. 1, 1884.
The official notice o f this bond call will be found among
the advertisements elsewhere in this Department.

B o n d P r o p o s a l s and N e g o t i a t i o n s this
week have been as follows :

Akron [O hio) School District.—£ on d Sale.—On May 20,
Audersoa County, Kan.—Bond Call.—J. W . Shields, 1899, the $5,000 H refunding bonds were awarded to Briggs,
County Treasurer, has called for payment July 1, 1899, at Todd & Co., Cincinnati, at 102 77, Following are the bids :

THE CHRONICLE.

1038

nnaUIS.JSS 60 I Crush an Bunk o f F ra m cm t... * V - j oo
Brifif*. Todd A CV
u . . t . l M i t l-ampraobt Bros. C o .,C le re ... 6 . ^ 6 0
e r . Kimball A Ck o lu m u
bu.
t l u o o o l W.J.lInyM* Son..C l o r c . . .. 6 ,1 WOO
New lal Net- Ilk..
>od A M ajor, C inciti.. 6
M.12
W3 20
- 1 Deni eon. P rio r A C o.. C le v e ... o.io io u
olte A C o .,C t n d n .... 6.127
6,127?15 I Jaa. fi.'B in n er. A k r o n ..............
■A K l » . r , In dU M P oU a.. 6.1W) 01 [ Peu olo'a 3 » t . ba n k , A k r o n .... 6.01000

Bonds mature May 23. 1904. For full description of bonds
see Chronicle May 13. 1399, 933.
_
.
Albuquerque, Bernalillo County, N. Mex. Bond Off
i n n . -.Proposals will be received until 8 p . m . June 5, 1S99,
by C. W. Medltr, City Clerk, for §33,000 gold refunding
bonds and *65,000 gold funding bonds. The refunding bonds
are issued under an Act of the Territorial
proved March 10, 1899, and interest will not exceed 4%. The
funding bonds are issued under authority of an Act or t>onvress approved March 8, 1899, and will retire a like amount
of warrants. Interest must not exceed 5f. Securities are in
denomination of *1,000, dated July 1, 1899. Interest will be
payable January 1 and July 1 and the principal will mature
30 years from date of issue, subject to call after 20 years.
Antelope School District No. 50, Wasco County, Ore.—
Bond Offert ng.—Proposals will be received until 2ip . m. June
15, 1899, by V. L. Phillips, Treasurer (P. O. The Dalles), for
*3,0i)0 10-20-year (optional) school bonds. Securities will_be
in denomination of §500, and a certified check for o% of bid
must accompany proposals.
. __ .
n7„
Au tires (M ich.) School D istrict.-B on d Offering.— We
are advised that the *2,000 5* 10-year school bonds recently
voted will be disposed of at private sale.
.
Harbour County (P . 0. Eufaula), Ala .—Bo n d Offen “ 3 •
Proposals will be received until 12 M. May 31, 1899, by A. H.
Merrill, County Commissioner, for *85,000 of, 30-year gold
Daronne, N. J.—Bond Sale.—On May 23, 1899, the *50,000
6-year gold improvement bonds and $10i),000 4% 16-year
gold tax bonds were awarded to E. D. Shepard & Co., New
York, at £02*76 and 104*61 respectively. Following are the
bids:
$50,001

|).

6-yr. Bonds.

*r.
Sbep&rd A Co.. New York..................... 102’76
L W . Morrison. New York ..........................................
O. M. Hiinn. New Y ork .................................. .................
Price. McCormick A Co., New York..............
••
K. C. Joues A Co., New Y ork........................... 101 lo
U. h. Uougtie*. New York................................ 10i 07
J. D. Everitt A Co., New York... ................................
Mason. Lewis A Co., Cnicago........................................
N. W . Harris A Co.. New York......................................
Walter Stanton A Co., New Y o r k ...............
•••■■■
Provident 1 ust. lor Savings. Jersey City... 100*05
Denison, Prior A Co.. Cleveland....................
.......
C. H . White A Co., New York......................... , ••••■•
E. H. (lay A Co.. New York............................. 100.25
KartOD, Leach A Co., New York,................... 100 20
W . J. Hayes A Sons. Cleveland.....................................

$100,000

10-j/r. Bonds.
104*01

Both
Issues.

102*50

102*00

101*75
1OP01
101*67

101*00
101*00
100*85

10O*8J
100 40
100*25
100*77
100*25
.........

*w w

[YOL. LXVII1.

Brockton. Mass.—Bond Sale.—On May 25, 1899, the *50,000 'Av/,% 1-20-year street-improvement, the *33,009 %%f 1-20year school-house, the *10,000 8 ) 0 1-20-year sewerage and
the *5 000 8 ) 0 1-5-year surface drainage loans were awarded
to Rudolph Kleybolte & Co., New York, at 108 10. For de­
scription of bonds see Chronicle May 20, 1899, p .988.
Brookfield, Mo.—Bond Sale.—This city has sold *13,500 5^
s e w e r bonds to the First National Bank, Chicago, at 107-4i.
Burlington Junction School D istrict No. 1, Nodaway
County, M o—Bond Offering.—Proposals will be received
until 12 m . June 15, 1899, by A. S. Bollinger, Clerk, for the
§6 000 4% school bonds voted at the election held May 2,1899.
Securities are in denomination of *100 and will mature $500
yearly on May 1 from 1901 to 1900 inclusive and $600 yearly
from May 1,1907, to May 1, 1911, inclusive. Interest will be
payable annually on May 1 at the District Treasurer’s office.
A certified check for *200, payable to the school district,
must accompany the proposals. The district has no in­
debtedness at present, and the assessed valuation is *135,000.
The population is about 1,200.
,
_
, __ .
B utler County (P .O . Hamilton), Ohioo-B on dO ffering.—
Proposals will he received until 11 a . m . June 6, 1899, by the
Board of Commissioners for *21,000 4 ) 0 bridge bonds. Se­
curities are iu denomination of §1,000, dated July 1, 1899.
Interest will be payable January 1 and July 1, at the office
of the County Treasurer. Principal will mature *7,000 on
July 1 of the years 1902, 1905 and 1908. A certified check
for *500 mnst accompany proposals. H C. Gray is the
County Auditor.
..............
Central City, Neb.—Bond Offering— Proposals will be re­
ceived until June 12, 1899, by L. G. Comstock, City Treas­
urer, for $25,000 4f refunding bonds. Securities are in de­
nomination of $500 and will mature 20 years from date of
issue, *10,000 being subject to call after 5 years and *15,000
after 10 years.
Charlotte, N. \ .—Bond Sale.—On May 17, 1899, the *6,000
5 16 year incandescent-light bonds were awarded to W. J.
Hayes & Sons, Cleveland, at 101 for a 3 ) 0 bond. The only
other bid was that of Isaac W. Sherrill, Poughkeepsie, who
bid 100-166 and blank bonds for 8% per cents.
Chester, Fa —Bond Sale— On May 25, 1899, the $180,000
3~Uf 30 year coupon bonds were awarded to Dick Bros. &
Co., Philadelphia, at 108-14. Following are the bids.
D ick B ros. & Co.. P h ila d e lp h ia .108*14
Sailer & Steven son . P b ila ..........103*01
L a m p rech t B ros. Co., P n ila .......107*81
Fat-son, L ea ch & Co., N. Y ...........107*53
G raham , K err & Oo., P h ila ....... 107*07
E. H . R o llin s & Sons, B oston ..100*77

D en ison , P r io r & C o., C le v e ...... 106*59
N . W . H arris & Co., N ew Y o r k .. 106*389
W . J. H a ye s & Sons, C leve......... 105.07
Brings, 'J o d d & < o., C in c m ....... 105*02
F idelity Ins. & T r. Co., P h ila — 105*0(1
Chester N ational B a n k .. ......... 102*34

For description of bonds see Chronicle last week p. 988.
Chicopee, Mass.—Bond Sale.—On May 25, 1899, the $23,000
3 ) 0 gold school bonds were awarded to Blodget, Merritt
& Co., Boston, at 103-153, Following are the bids:

Brltrami County School D istrict No. 22 (P. 0. Bagley),
Minn.—Bonds Not Sold..—On May 1, 1899, the.following bids
were received for the *l,20u bonds advertised for sale on that B lod get, M erritt & Co.. B o s to n . 103*153 Jose, P a rk er & Co., B o s t o n ___102*8104
H . R ollin s & Sons, B o s t o n ...103*073 B lake Bros. & Co.. B o s to n ......... 102*80
day: C. C. Qowran & Co., Grand Forks, 6 } 0 bond at par; E.
Parkinson & Burr. B o s t o n ....... 102*03
A d am s & Co . B o s t o n ..................103*' 33
Kane & Co., Minneapolis, 102'08 for a I f bond; James F. Perry, Coffin & Burr, B o s t o n — 103*01 W . H olm a n Cary & Co., B o st. ..102*63
stah rook & Co.. B o s t o n ............. 10^*991 E. H . G ay & Co.. B o s to n ............102*59
McDonald, Niagara Falls, 103-08 and blanks for a I f bond, and RE in
R.
K le y o o lte & Co.. N. Y ...........102*00
es & Cumm ings, B oston ........102*89
N. W . H arris & Co.. B o s to n ........ H2*3b7 Fall R iv e r Sinking F u n d ........... 101*89
Jobn Nuveen & Co., Chicago, par and blanks for a I f bond.
The bid of C. C. Gowran & Co. was accepted at the time,
Bonds mature June 1, 1909. For further description of
but since then it has been discovered that the notice for the securities see Chronicle last week, p. 988.
special meeting had not been posted ten days as required.
Clay Couuty, Ind.—Bond Sale.—On May 18, 1899, this
Accordingly the bonds have not been issued. The District county sold at public auction *16,200 ( f ditch bonds to the
Clerk writes us that they will now most likely borrow the New First National Bank of Columbus at 107-22. Principalamount from the State after the valuation of the district will mature $1,620 yearly beginning June 1, 1901.
has been equalized for the assessment of 1899.
Cleveland, Ohio.—Bonds Authorized.—The City Council
Berryvale School District, Siskiyou County, Cal.—Bond has passed a number of ordinances authorizing the issuance
Offering.—Proposals will be received until 13 m. June 5, 1899, of *155,000 sewer bonds for improvements in various sewer
by R. H. De Witt, County Treasurer, at Yreka, for *7,500 8f 6istricts
bonds. Securities are in denominations of *500 and $1,000.
Cohoes, N. Y.—Bond Sale.—On May 24, 1899. the $6,000 4f
Interest will be payable annually. Principal will mature bonds were sold at public auction to the Cohoes Savings In­
$500 December 27, 1899, and *1,000 yearly thereafter.
stitution, at 103-166. Other bidders were Isaac W . Sherrill
Biloxi, Miss.—Bond Offering.—Proposals will be received of Poughkeepsie and the Cohoes Mechanics’ Saving Bank.
until 12 m. June 15, 1899, by the Finance Committee, D. A. Bonds mature $2,000 yearly on July 1 from 1902 to 1904, in­
Mash, President, for §25,0 0 5* 5-20 year street improvement clusive. For further description of bonds see Chronicle,
bonds and $15,000 5* 5-20-year bridge bonds. Interest will May 20, 1899, p. 988.
be payable semi-annnally at the office of the City Treasurer.
Columbus, Ohio.—Bonds Authorized. —The City Counoil
Certified checks payable to the City Treasurer for *1,350 for has authorized the issuance o f *7,500 4% Grant-Street im
the improvement bonds and *750 for the bridge bonds must provement bonds.
accompany proposals.
Crow Wing County (P . 0. Brainerd), Minn.—Bond Offer­
Birmingham, Ala.—Bond Sale—Bond Offering.—W e are ing.—Proposals will be received until 2 P. m. May 29, 1899,
advised tbat the *25,000 6 4 improvement bonds for which by the Board of County Commissioners for $55,0U0 4% fund­
proposals were asked until May 8, 1899, were awarded on ing bonds. Securities are dated June 20, 1899. Interest will
May 17 to W . C. Shackelford at 103, his being the only bid be payable annually, and the principal will mature June 20,
received. Principal matures 10 years from date of issue. 1919, Bonds are issued pursuant with Chapter 259, Laws of
Proposals are now asked for *20,000 more bonds.
1899. A certified check for 10s( of the gross amount of the
Boone, Iowa.—Bond Sale.—This city sold early this month bonds bid ior, payable to A. Mahlum, County Auditor, must
at private sale *33,500 SUjf refunding bonds. Securuies„are in accompany proposals.
denominations of *500, dated June 1, 1891. Interest will be
Danville, Va.—Bonds Voted.—At the special election held
payable June 1 and December 1 at the office of the City May 18, 1899, the issuance of $100,000 4%street-improvement
Treasurer. Principal will mature June 1, 1919, subject to bonds was authorized by a vote of 1,306 to 56.
call alter June 1, 1904.
Deposit (T illage), Broome anil Delaware Counties, N.
Brailner (V illage), Wood County, Ohio.—Bond Offering. V.—Bond Offering.—Proposal will be received until 7 P . M.
—Proposals will be received until 7:30 P. m. June 14, 1899, by June 7, 1899, by C. Onderdonk, Villag Clerk, for the *8,000
O. N. Furbnsh, Village Clerk, for §3,0 >0 6$ improvement bonds which were voted on May 2, 1899, for the purpose of pur­
bonds. Securities will be in denomination of *200; interest chasing a site and erecting a suitable building for necessary
will be payable semi-annually. Principal will mature *200 village purposes. Securities will be in denomination of *1,000;
yearly on September 1 from 1899 to 1913, inclusive, and will interest at not more than 4f (to be named by the purchaser)
be payable at the First National Bank, Toledo, Ohio. Bonds will be payable semi-annually. Principal will mature *1,000
are issued pursuant to sections 2885 and 2837 of Revised yearly from -1904 to 1911, inclusive,
Statutes of Ohio and a village ordinance passed April 19,
Door County, 1) is,—Bonds Proposed.—This county is con­
1899. Proposals mnst be accompanied by a sum of money sidering the issuance of *60,000 refunding railroad-aid
or a certified check equal to 5< of the amount of bonds bid bonds, but as yet nothing definite has been done in the
for.
matter.

May 27, 1899.]

3039

THE CHKON LCLE.

Duluth, Minn.—Bond Offering.—Proposals will be re­
ceived until June 19,1899, for $500,000
gold 15-year fund­
ing bonds. Securities will be in denomination o f $1,000
unless otherwise specified in bid, but if so desired, and it is
so specified in bid, they may be issued in denominations of
$1,000, $500, $100 or $50. A certified check, a certificate of
deposit or approved bond for 1% of the face value o f bonds
bid for must accompany proposals. All bids are to be un­
conditional, except that they may be conditioned on the
favorable opinion of Messrs. Dillon & Hubbard or other at­
torneys of note. H. W . Sheadle is the City Clerk. The
official notice o f this bond offering will be found among the
advertisements in this Department.
Eagle County, Col.—Bond Sale.—The $103,000 5£ refund­
ing bonds have been awarded to The Bellan-Price Invest­
ment Co., Denver. These bonds were not awarded on Feb­
ruary 15, 1899, the day upon which they were offered for
sale, because the refunding could not be legally accomplished
without legislative action. The enabling act has now been
passed by the Legislature and signed by the Governor, and
the bonds disposed of as above.
East Grand Forks, Minn.—Bonds Authorised.—The City
Council has authorized the issuance o f $35,000 water and
light bonds. Securities will bear interest at not more than
5£, payable annually on July 1 at the Chase National Bank,
New York City. They are "in denomination o f $500, dated
July 1, 1899, and will mature July 1, 1929. Bonds are Issued
pursuant to Section 6, Chapter 8, Laws of 1895.
£11 wood City (Borough), Lawrence County, Pa.—Bond
Sale.—On May 18, 1899, the $8,000 4
sewer bonds were
awarded to W . J. Hayes & Sons, Cleveland, at 103‘55. Other
bidders were The Lamprecbt Bros. Co., Cleveland, at 103 i 45,
and Denison, Prior & Co., Cleveland, at 101'2625. Principal
will mature April 1, 1919, subject to call after April 1, 1904.
For further description of bonds see C h r o n i c l e May 6, 1899,
p. 889.
Elyria, Ohio.—Bond Sale.—The highest bid received on
May 20. 1899, for the $3,009 6< sewer bonds was that of
Feder, Holzman & Co., Cincinnati, at 107'233. Following
are the b id s:
Eerter. BeUmut * Co..Ctn-...».sr! oo i Sr,* wt Skirt. BY.C<>luaibu*..*i.lJS w>
C. Jt, Kimball a Co.. Ofekaso.. S.t0» ST It. Kb-jc-.ln- a
O n c in ._ .. .M i l 00
.S#AiiiQgDo<l i M stct , ( l a d o * . 8,IV? *30 1 D rifgt, Todd 4 * * ow Ctxicixi — , 3,ICO GO

W. J. LUt « A Son*. C le v e .... f , l t t OO | D*m*on. Prior A C o - C S m .. . 3.140 to

lA m p m tit Bro*. O x . CI*t b , . . JU w 'jO I

Bonds mature $500 yearly on May 1 from 1900 to 1903, in­
clusive, and $1,000 inl9u5. For farther description of bonds
see Chkosicle April 22, 1899, p. 787.
Fond da Lae, rt is.—Loan Negotiated —We are advised by
Chaa. Kuramerow, City Treasurer, that the $15,000 loan re­
cently authorized by the City Council has been taken by local
parties, lodges, societies, etc., in small amounts from $100 to
$500, at i%.
Fort Wayne, Ind.—Bond Offering.—Proposals will be
received until 1 r. m. June 3. 1899, by Henry C. Bergboff,
City Comptroller, for $320,000 3tf* coupon refunding bonds,
as fo llo w s:
$240,000 S n tM ’ ’A " refunding wat*r- work* bond*, maturing Slur
JJHP.
30.000 Bert** *~B ’ refunding wmtiw-work.* bond*, maturtr.g Mar 1A. IPO*.
60.0 0 0 refunding bonds maturing fA.oOO yearly oo Mar 15 from UWO to HK.-9

is d o d r e .

All of ths above securities will be in denomination of
$1,000. dated Msy 15, 1899; interest will be payable May 15
and November 15 at the United States Mortgage & Trust
Co.. New York City. One hundred thousand dollars o f Series
“ A " bonds are to be delivered on Nov. 15, 1899, and $140,000
on Jan. 2, 1900; the $30,000 Series ‘ ‘ B*’ bonds will also be de­
livered on Jan. 2, 1900, and the $70,000 refunding bonds on
Oct. 15, 1899, all at the office of the United States Mortgage
& Ttust Company or any other responsible bank in the city
of New York, as designated in contract. Each bid must be
accompanied by a certified check for l j of the face value of
bonds bid for upon some responsible bank in the city of New
York or the city of Fort Wayne. The award of these bonds
will be made on June 7, 1899.
Fort Worth, T ex.—Refunding Bonds Proposed.—On May20, 1899, a despatch to the Dallas “ News" from Fort Worth
stated that at the City Council meeting held May 19 a reso­
lution was adopted that a relnnding of the city’s bonded
debt was imperative at a rate not to exceed 4 per cent; that
the City Auditor be requested to prepare a complete state­
ment of the financial resources and indebtedness of the city
to be submitted to the bondholders, and that the Mayor and
City Auditor be directed to open up negotiations with the
bondholders looking to refunding of the bonds at not ex­
ceeding the rate of interest mentioned.
Foster!a, Ohio.—Bond Offering —Proposals will be re­
ceived until 1 p, m. June 12, 1899, by J. M. Schatzel, City
Clerk, for $50,000 41 refunding bonds. ' Securities are issued
pursuant with Title 12, Chapter 2, Section 1701, Revised
Statutes of Ohio. They are in denomination of $1,000 and
will bear date of sale, Interest will be payable March 1 and
September 1 at the Chase National Bank, New York City.
Principal will mature September 1, 1919. A certified check,
withont qualification, for $1,000 must accompany proposals,
Glen Ridge, N. J .—Bond Sale,—On May 2 2 , 1899, the $37,.
000 4t sewer bonds and $40,000 5% sewer bonds were awarded
to the Howard Savings Institution of Newark at 107 625 and
104-49, respectively. Following are the bids :

$37,000
H o w a rd Savings In stitu tion , N ew ark . . . . . . . . .
F arson, L e a ch A C o.. N ew Y oris — ..................
P rice , M cC orm ick A Co.. N ew Y o r k ............

E. EL G ay A Co., New York..............................
E. 1). Shepard & Co., N ew Y o rk ................ .........
S pitzer 4 Co., N ew Y o r k ........................ .........
N. W. H arris A Co., N ew Y o r k ...........................
Jo h n D. E v e ritt A C o., N ew Y o r k ............. .
F ran klin Savings Bank, N ew ark .....................

Bonds1.

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

107*10

$ 4 0 /0 0 .5 *

Bonds.

104*49

101*500

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

103*02

100*60
104*11
100*135
100*025
104*00

The Bank of Montclair bid 104*50 for the entire $77,000
bonds. The $37,000 issue will mature $3,000 yearly, begin­
ning June 1, 1909. The $40,000 issue will mature June 1,
1914, subject to call after June 1, 1900. For lull description
of bonds see C h r o n i c l e May 1 3 ,1 8 9 9 , p. 9 3 9 .
Gloucester, Mass.—Bids.—Following are the bids received
May 18, 1899, for the $30,000
school bonds :
Jo»e. Parker 4 Co., B o sto n ...... 102*912
K. H . Rollins 4 Sons. B o sto n ...109*777
W. J. Hayes 4 Sons. B oston— IpU'tMJ
Blake Bros. & Co., B oston..........102*68
C. P. Phelps A Co.. Boston...... 102*570
Adams A Co.. B oston.................. 102*42
Bines A Cummings. B oston....... 102*39

N. W . Harris & Co.. B oston.......10*2*375
W. Holman Cary 4 Co-Boston... 102*287
Cape Ann Nat. Bk., GIoucester..l02*29
R. L. Day A Co.. Boston.............102*347
Blodget, Merritt & Co., Bo5ton..l02*04
Parkinson A Burr, Boston........ 102*08
Denison, Prior 4 Co.. B oston .. .101*89

As stated last week, bonds were awarded to Jose, Parker
& Co., Boston, at- 102 9125.
Grand Island (N eb.) School District.—B on d Offering.—
Proposals will be received until June 10, 1899, by L. F.
Farnsworth, Chairman Finance Committee of the Board of
Education, for $24,000 5jS 5-20-year (optional) refunding
bonds. Securities are issued to refund $25,000 6$ bonds now
subject to call, of which issue $1,000 will he paid out of the
sinking fund. They will be in denomination o f $500, dated
July 1, 1899. Interest will he payable semi annually at the
State Fiscal Agency in New York City. The bonded indebt­
edness of the district is $47,500.
Grand Rapids, M ich.—Bond Offering.—Proposals are
asked for until 5 r. h . to-day (May 27, 1899,) by I. F. Lamoreanx. City Clerk, for $2(0,000 4% coupon street-improve­
ment bonds. Securities will be in denomination o f $1,000,
dated May 1, 1899; interest will be payable May 1 and Nov­
ember 1 in the city o f Grand Rapids. Principal will mature
$10,000 yearly on May 1 from 1900 to 1904, inclusive. Pro­
posals must be accompanied by an unconditional certified
check for $5,000, made payable to the City Treasurer. Bonds
are issued pursuant to a resolution of the Common Council
unanimously adopted May 8, 1899.
Greens tin rg, P a.—B on d Offering.—Proposals will be re­
ceived until 8 !■, m. June 5, 1899, by Ira C. Snyder, Borough
Clerk, for $32,000 i f refunding bonds. These bonds were
sold on April 10, 1899, as 3’ j per cents. W e have not been
officially informed as to the reason for the re-sale.
Hastings (M inn.) Srliool District,—Bond Offering.—Pro­
posals will be received until June 1, 1-99, for the $30,000 4$
school-bnilding bonds voted on May 18,1899. Securities will
be in denomination of $500, dated July 1, 1899. Place for
payment of interest is not yet decided npon. Principal will
mature $1,000 yearly on July 1 from 1909 to 1918, inclusive,
and $20,000 in 1919.
Helens, Mont,—Bond Safe,—It is reported that the$130,000
refunding bonds advertised for sale on May 25, 1899, have
been awarded to the Lamprecbt Bros, Co., Cleveland, at
101 35, F ot description of bonds see Chronicle April 29,
1899, p. 839.
Herkimer (T illage), N. Y.—Bonds D efeated.- A t a special
election held May 2H, 1899, the proposition to issue $4,000
bonds to build an embankment to prevent tbe annual over­
flow of tbe West Canada Creek was defeated by a vote of
147 to 108.
Holland, Mich.—Bond Sale.—On May 16. 1899, the $2,500
5? fire department bondg were awarded to C. J. De Roo, Hol­
land, at 112 29. Following are the bids :
C J Tip "
. H o lla n d ................S2 .SOT 25 I C. F. K im ball A Co., C h icago. .52.685 00
s . A . K e a n .C h ica g o ..................... *.7*1 25 I r i m Nat. n l u B a r n e s r llle .... 2.6*5 00
Scason gn od A M ayer. C lo c in .. 2,e94 66 ; R a ym on d F. B aby. D e tr o it— 2.570 25
Chn*. S. K id d e r.C h ic a g o .. . . . . . 2.663 f 0 W . J . H ayes 4 R o n * .C lo v e ....... 2.516 GO
N. W . Harris 4 Co., C h ic a g o ... 2.05*,) On C, H. Coffin. C h ica g o .................. 2.515 00
Ctoas. E. Tem ple, Gr. K ap lan ., f,041 GO I

Bonds mature Feb, 1, 1909. For further description of
bonds see C h r o n i c l e April 2 9 . 18 9 9 , p . 839,
Indiannpolls (In d .) School D istrict,— Bond Offering.—
Proposals will be received until 12 m. June 16, P99, by the
Board of School Commissioners for $500,000 4S funding
bonds. Securities are in denomination of $1,000. dated July
1, 1899, Interest will be payable January 1 and July 1 at the
banking house of Winslow, Lanier & Co., New York City.
Principal will mature yearly (except in 1911) on July 1 as
follows: $15,000 in 19.3, $11,000 from 1904 to 1909. inc.,
$7,000 in 1910, $22,000 in 1912 and 1913, $4,000 In 1014, $26,000
in 1915, 19ie and 1917, $18,000 in 1918. $26,000 in 1919, $28,000
in 1920, $3,000 in 1921, $35,000 in 1922, 1923 and 1924, *39,000
in 1925 and $40,000 in 1926. Bids will be opened at 8 P. it.
June 16, 1899. A check, certified by an IndianapoliB bank,
payable to *' Geo. W. Sloan. Treasurer," for at least 2^4% of
the face value of bonds bid for, must accompany proposals.
$440,000 of the above bonds will be delivered July 1, 1899,
and $60,000 on September 20, 1899.
Ionia, ,11icli.—Bonds Authorized.—The Common Council
has authorized the issuance of $30,000 refunding bonds.
Ithaca, N. Y.—Bond Issue.—Mr, C. C. Platt, City Clerk,
advises ub that the amount of paving bonds recently issued
by this city is $6 448. Interest is at the rate o f 4%. Princi­
pal matures one-fourth yearly from 1900 to 1903. They are
dated May 6, 1899.

THE CHRONICLE.

H’4 )

Jtmulugs, La . —Bond* Proponed.—Citizens of thia place,
in mass meeting assembled, passeJ a resolation requesting
the City C >uncil to call a special election to vote on the
question of levying a special tax for an electric-light and
water works system.
Jopliu (M o.) School District.—Bond Sale.—On May 23,
1S99, the $20,000 4j( 5-30-year school bonds were awarded to
L. L Doubleday, Columbus, Kansas, at 101-8875. A list of
the lids considered will be given next week. For descrip­
tion of bonds see C h r o n i c l e last week, p. 989.
Lake County (1*. 0. Crown Point), Ind.—Bond Offering,—
On Jnne 1, 1899, at 11 a m., the following bonds will be
offered for sale by John W. Dyer, County Treasurer, at his
office in Crown P oin t:
1107.601) C enter and St. Joh n s tow nships (Joint) 200 bonds—100 f o r $1,000 each
an«1 40 fo r $18? 60 each. Four 9 l.OOu bends and on e 918* 5 0 bond w ill full due
each *lx m onths. com m en cin g N o r . 16, 18bt*. Bonds are issu ed to raise m oney
fo r con stru ctin g 40 m iles o f road and w ere authorized at the jo in t ele ctio n
held March U . 1800, by a v o te o f 806 fo r to 19o against. A ssessed valuation,
LM**, wat |3 4* 7.46'\
.
971.405 bond* o f B oss T ow n sh ip. F o ity bouds are in d en om ination o f 91.(100
and fortv o f 9:87 :>8 each. Principal w ill im ituie 91,787 88 each six m onths,
com m en cing May IS. 10Ot . Bouds are issued to co n stru ct 22 m iles o f road
and w ere v oted at an eleci ton held M arch 14,1809, bv a v o te o f 219 t o 98. T h e
assetsed valuation is 91.294 730.

The above bonds will all carry 4 ) 0 interest, payable semi­
annually at the office of the County Treasurer. Bonds are
issued under an Act of the General Assembly approved
March 3, 1893, amended March 7, 1895, and Feb. 28, 1899,
and by order of the full Board of Commissioners in session
April 13, 1899. The $167,500 issue was offered for sale on
May 15, 1>99, but were not sold at that time.
Bond t a l e —On May 15, 1899, the $12,900 4 ) 0 Center
Township road-improvement bonds were awarded to Fedtr,
Holzman & Co., Cincinnati, at 103 86.
Lauslngburg, N. Y.—Bond Offering.—Proposals will be
received until 8 p . m., May 81, 1899, by Geo. E. Skillman,
Village President, for $63,000 street improvement bonds.
Securities are issued in accordance with Chapter 160, Laws
of 1895. They are in denomination of $500, dated June 1,
1899. Principal will mature June 1, 1904. Interest will be
payable semi-annually at the office of the Village Treasurer.
“ Bonds will be sold to the person who will take them at the
lowest rate of interest.” These bonds were originally
awarded to Allen, Sand & Co., on May 10. 1899, but ow ingjo
an error in the advertisement the bonds will be resold on the
above date
La Plata Couuty (P . 0. Durango. Col.,) School District
No. 9. Bids.—Following are the bids received May 10,1899,
for the $26,000 5% 10-20-year and $12,000 5£ 5-15-year bonds :
K. K leybolto A Co.. C inciu. ...|S9,260 00 i W . E. Sw eet. D en ver........... $3?,680 00
T row bridge. M acD on ald A
In te rn a tio n a l Tr. C o .,D e n v .. 88,680 On
N'iver Co., C h icago................ 39.033 00 |J. E. M cD onald. Niag. F a lls.. 38,355 on
Denison. Prior A Co.. C le v e .. 38.924 00 In ter Stute ln v.C o.,D u ran go 38,050 On
W . J. H aves A Sons. C le v e ... 38,834 0 " S. A. K ean. C hicago................. 37,240 On
E. H. R ollins A Suua.D enver. 38,766 00 I First W at.Bk.,D uran.($12,000; 12,121 0q

As stated last week bonds were awarded to Rudolph Kleybbolte & Co,, Cincinnati, at 103-289.
Lawrence, Mass.—Bids.—Following are the bids received
May 19, 1899, for the $56,000 4% school bonds :
T ow le A Fitzgerald. B o s t o n ... 107*20 | E. H . R ollin s A Sons, B o s to n ... 105*666
L aw rence Savings B ank...........1( h 76
Estabrook A Co., B o sto n .............105*617
Blake B ros. A Co.. B o s to n ... . 106*20 | N. W . H arris A Co., B o sto n ........ 105*584
B lodget. M erritt A C o ..B o s to n .l 5*923
Parkinson A Burr, B o sto n ....... 106*50
It. L. Day A Co.. B oston ......... 106 817
W . H olm an Cary A Co., BoBton.105’54
J "s e . Parker a Co .. B o s t o n .. .. 105*8125 Denison, P rio r A Co.. C leve...... 105*29
Perry, Coffin A Burr. B oston .. .Ju6*78
I H ines A Cumm ings, B o sto n .......105 29
A d am s A Co., B o s io n .................. 105*73
|

As stated last week bonds were awarded to Towle & Fitz­
gerald, Boston.
Lorain, Ohio.—Bond Sale.—On Mav 24, 1899, the highest
bid received for the $10,000 5* Black River improvement
bonds was that of Briggs, Todd & Co., Cincinnati, at 109
Following are the bids :
Brtjj,,,. T o d d 4 C o - C in c in ........ 100 -no
S. Kuhn A Sons. C incinnati....... 108*35
New 1st Nat. Bk., C o lu m b u s ... .1' 6*05
D enison, Prior A C o.,C leveland.103*25

i Lumpreuht Bros. Co.. C leve........ 103-10
I VV. J. H ayes A Sons, C leve
102*80
I E. F. K aneen
............... lO^'OH
|S eason eood A M ayer, Cincin
102*07

Bonds mature $ 5 ,0 0 0 on July 1 5 ,1 9 3 1 and 1932. For further
description of bonds see C h r o n i c l e May 6 , 1899, p. 890
Lowville (Town), NT. Y.—Bond Sale—On May 20, 1899,
$20,000 3 ) 0 town-hall bonds were awarded to Denison, Prior
& Cr., Boston, at 10z-07. Securities mature $1,000 yearly on
February 1 from 1900 to 1919, inclusive. For further descrip­
tion o f bonds see C h r o n i c l e April 29. 1899, p. 839.
Muttoou (III.) School D istrict No. 1.—Bond Election —
An election will oe held to-day <May 27, 1899,) to correct a
technical error occurring in the description of the $28,000 4%
bonds recently voted and which were sold on May 1, 1899, to
the First National Bank o f Chicago subject to this election
Marville, N. l)uk.—Bond Offering.—Proposals will be re­
ceived until June 5, 1899, for $21,000 6* 20-year electric-light
and water bonds.
°
Memphis (Tenn.) School D is tr ic t-B o n d Offering.—Pro
poaals will be received until 6 P. M. June 5, 1899, bv A B
Hill, Secretary, for $30,000 4i bonds. Securities are in de­
nomination of $500, dated July J, 1899. Interest will be
January 1 and July 1. Principal will mature July
iyi«L
Minneapolis, Minn.—Bond Sale.—On May 22. 1899 the
$175,000
certificates of indebtedness were awarded to the
Lamprecbt Bros. Co., of Cleveland, at 101-71. Following
are the bid#:
. 1
Lamp

- - —. Cbiomro............... 176.437 601

|V ol. L X V 111.

Montgomery, Alu.—Bond Offering.—Proposals will be re­
ceived until 12 M. June 12, 1899, by R. H. Sommerville, City
Treasurer, for $35,000’ 4 ) 0 30-year school-building bonds
and $20,000 4 ) 0 sewer bonds. All bids, which must be un­
conditional, must be accompanied by a certified check for
$500.
The official notice o f this bond offering will be found
among the advertisements elsewhere in this Department.
Morton, Renville County, Minn.—Bond Offering.—Pro­
posals will be received until 2 p. m. June 19, 1899. by the
Village Council, at the effiee of W. W . McGowan, Village
Recorder, for $7,000 5% 3 9-year (serial) bonds. Securities
are in denomination of $!,000, dated July 1, 1899. Interest
will be payable annually.
New Britain, Conn.—Bonds Authorized —A t a meeling of
the City Council held May 24, 1899, the issuance of $150,000
sewer bonds was authorized.
New Castle County (P. 0. W ilm ington), D el.—Bonds
Authorized.—The County Court has authorized the issuance
of $69,000 4% bonds to refund a like amount of 4 ) 0 court
house bonds maturing July 1,1899.
New London, Conn.—Bond Sale.—On May 18. 1899. the
20.000 3 ) 0 sewer bonds were awarded to the Savings Bank
of New London at 105. Following are the bids ;
Savings Bank o f N ew L o n d o n ..1 (’6*(>0 j B lo d g e t, M erritt A Co., B o s to n . 103*88
Parkinson A B urr. B o sto n .......... 104*9' | E. H . R ollin s A Sons, B o s to n .1(13*813
P erry, co ffin A Burr, B o a to n __ 10**875 i S tro e t, W y k e s A Co., N. Y .............103*69
W . j . H a y e s A Sons, B o s to n ......104*09
N. W . H arris A Co., B o s to n -------- 103*319
E C. -ta n w o o d A Co., B o s t o n ...1(4*60
Edw . C. J o n e s .* Co.. N ew York.l02*55
C. P. PheJus A Co., B o s to n .........104*439 I A lle n , Sand A C o .,N e w Y o rk — 102*53
Denison, P rio r A Co.. C le v e ......... 104*29 I M arin ers’ Savings B ank o f N ew
R. L. Day A Co., B o s t o n .............104*097
L o n d o n ........
100*50
Jose, P a rk e r A Co., B o s t o n ........103*912 |M id d le to w n S avin gs B a n k ............100*00

Bonds mature July- 1, 1919. For further description of
bonds see Chronicle May 13, 1899, p. 940.
New Madrid Couuty (P . 0. New M adrid), Mo.—Bond
Offering.—Proposals will be received until 12 m , June 5,1899,
by L. C. Phillips, County Clerk, for the following ditch
bonds :
$86,323 88 656 b o n d s o f D rainage D istrict No. 1. E igh ty-8ix b o n d s are in de n o m ­
in a tio n o f $1,000 and on e 01 $322
dated M ay l . i899. in te re s t w ill be pay­
able ann ually a t the A m erica n E x ch a n g e N ational Bank, N ew Y o rk City.
Principal will m ature y e a r ly on M arch 1 as f o l l o w s : $1,000 in 1902 and 1903,
$3,000 in 1904 and 1906, $5,000 in 1906 and 1907, $7,000 in 190* a n d 1909, $9,00u
in 1910 and 1911. $11,000 in 1912 and 1913 and >14,323 88 in 1914.
$1,400 65Ebon d s o f D rainage D istrict N o. 2. S ecu rities are dated M ay 1, 1899.
and m ature on e bo n d yearly on M ay 1 as fo llo w s : $1* 0 fro m 1902 to 19c8, in ­
clu sive, $800 in 1909, aud $400 in 1910. In te re st w ill be^pay able ann ually at
the office o f t o e C ou nty T reasurer.

New Paris, Ohio.—No Bonds Voted.—Some of the papers
recently stated that this village had voted to issue $3,000
sceam-heatiDg plant bonds. Upon inquiry the Corporation
Treasurer advises us that no bond issue of any description is
being contemplated by either the corporation, the school dis­
trict or the township.
New York City.—Bonds Proposed.—The Board of Estimate
has approved ot the issuance of $500,000 bonds for the New
East River Bridge and $572,770 corporate stock for streets
and parks.
EondsNot Yet Issued.—No further action has yet been taken
regarding the issuance of the $500,000 Library site bonds
which we stated in the Chronicle last week had been au­
thorized by the Municipal Assembly. We are advised, how­
ever, that the bonds will probably be taken by the sinking
fund, and will therefore he issued in small amounts as the
money may he needed.
New York State.—Bond Sale.—On May 25, 1899, the
$510,000 3 ) 0 registered bonds were awarded to Kountze
Bros., New York City, at 103-125, an income basis of but
2-826^. Following are the bids:
K ou n tze B ros., N ew Y o r k ......... 103-125 I
ri902 bonds.101-672
Jos. B, G avin , BuB alo................. 1' 3'065 T <, ~ . „ , ..
1903 bonds.102-213
H arvey Fisk k S onsJN ew York.l02->9
J,& w Y o r k * B
<
bonds.loa-768
B lodget, M erritt A Co., B o s to n . 102*09
J>ew YorK............. 1*05 bonds,108*254
P r c d u c e E x. Tr. Co., N ew York.l02*31 |
(.1906 bonds.l0t>*755

Bonds mature $100,000 yearly on May 1, from 1902 to 1906,
inclusive. For lurther description of securities see Chron­
icle last week, page 990.
North Adams, Mass.—Temporary Loan.—The City Treas­
urer has negotiated a 3-2^ loan of $43,500 for public improve­
ments.
North Carolina.—Bond S ale.- On May 22, 1899, the $110,000 4% bonds were awarded to the Wachovia Loan & Trust
Co. of Winston, N. C., at 109-275 on a basis of but 2-924£.
Following are the bids, fift3 -one in number, made by thirtysix different bidders :
For the E n tire Issue
7 108*6
, !
C om m er. & Farm . Bk.. Raleigh
R. J. R eynolds. W in s on
10fc*li
B a n k o i Com m erce, N o rfo lk ___108*08
L am precht Bros. Co.. C le v e ....... 107 - 1.7
J. B. G rainger, W ilm in g to n ....... 107*00

y
. E:.G a.v in ., B uY'
ue i a nd . i10o*546
os- j *
Joseph
ffalo............
i Feder, H olzm an A Co.. C in cin .. 105*361
S e a s o n g o o i A M ayer. C in cin ___ 105*280
|G eo. M . H a h n . N ew Y o r k ........... 105*17
1 R. K ie y b o ite A Co.. C in cin .......... 105*137

For Part o f the Issue.
F lo re n ce P. T u c k e r ,)
Rale ig 1 1 ...................; . 1

$22.000@110*10 , J E. C ox, H igh P o in t.... 10,000@107*00
6,0<K>@110*00 W . T. W e a v e r, A s h e v ’ le. 5,00 (.@107*00
5.000^109*75
r 5.00C@107*00
5,000® 109*60

5 / 00® 109*25 City N ational B ank j
500®11' -0 • G r e e n s b o r o ................
3.0* O.m•■0*00 I
1,O00®iin*0u 1 T D. J o h n s o n ,A s h e v ’le.
•
E.000@l09*f-0 R. L . B ridges a B ro.,B .a5,000® 108*50 t d e n b o r o ...........................
81 ).000(« 108*5- J. B. M anning, N. Y .. .
20.0 0® 107*75
-C u n n iu g h a in ............
C om m ere’l A Farm ers1 10 ,0 ( 0® 07 *5 : H .9H
. H ike, P itfcsboro...
Bank, R a le ig h .......... ' *0,0Oj»lOT*O.i l M H uffm an A B roV scd tI 2 >,( 00® 106*00 1 land N e c k .......................
\i
l^,00t>@105*nt) 1 E. V. Zneller, T a rb o ro .
W . S. R oan. G old sb o ro ..
R. H . B a ttle, Raleigh
K. B. M cC uller, Clayton,
h . B. R a ney.
K o-S
l e ig h ............................. )

Principal matures yearly on January 1, $50,000 from 1901
»)-rank M
a iller,
s sW
vinssto»n* .
to 1903 inclusive, and $25,000 in 1904.
H . C .Sharp.H arrellsville

u i S c I w f u I Kw^ ' Hi ck9'
10,0 On lus-00

500@10#*50

1

j

a.- Bailey, R aleigh.
C. T

5,000® P 6*75
6,000® 100*60
6,000® 100*25
5,000®10rt"00
6,OOO®1O0*75

l'\400@106-»0
50,oc0.a 105*50
70,00u@l05*00
I,u00@106*c0
2,000@105*<00
1 cC0@106’ <*00

00
00

____ 50
100@104*50

Bonds mature Jan 1, 19 >'j For farther description ot securiii-s see Chronicle April 22, 1899. p 788,
North Dakota . — B o n n s X o t S o ld .—No bids were received
on May 15, 1899, for the $50,0: 0 certificates of indebtedness
advertised for sale on that day. Tne State Treasurer has
since been authorized to negotiate the certificates at private
sale.
Nonvalk, Huron County, Ohio.—Bond O ffe r in g . —Propo­
sals will be received until 12 >i June 17, 1899, by T. P. Kel­
logg, City Clerk, for $11,000 51 bridge bonds. Securities are
in denomination of $500, dated May 1, 1899, Interest will be
payable semi-annually at the City Treasurer’s office. Prin­
cipal will mature $500each March I and September 1 from
March 1, 1904, to Sept. 1, 1914. Each bid must be uncon­
ditional and must be accompanied by a certified check for
$5i 0, payable to the City Clerk.
Norwood, Ohio.—
—On May 19, 1899. the §86,363 70
bonds were awarded to Briggs, Todd & Co., Cin­
cinnati, at 105'66, Following are the bids :
B o n d

S a le .

Premium. :
Prtmlum.
BrLjuss. Todi) A (.»>,. * '.riru: . f i . - - 37.:. i reU er.H ‘ >lrnuiniCo..Cloein-ri.S33 It
W .J . H ir e . A Suns. CJeve.... 4.775 J-6 I German N i i . B u i t C toiSn.... 4, h k « i
Ketm A son*. a.Klmmti........ i.i-vsot I it Klsyoclte A Co. On a n ___ +.US' 4#
LAJDorecIH Bros. Co.. C lere.. 4,-SAi SI ISeer >nuooa A Kuyer. Cinein.. 3.W>6S
AtliM Net. B ink and W elters
C. K. Kemble A C,x. C blceso
10 V I
O e r m e n B e n k . l .nnnoan
4 ,7 0 1 3 1 j

Bonds mature one-tenth annually. For further description
of this issue see Chronicle April 39. 1899. p, 841.
Ohio State University . — B o n d S a le ,— O i May 2t, 1899, the
$10,000 414% refunding bonds were awarded to Feder, Holzman <fc Co., Cincinnati, at 107-9775, Following are the bids :

Fedsr. H olim aa 4 Co, Cm .tio.rdr 7 5 1 Ilrui£». Todd A C o, Cmctn . tlo.ii-5 oo
ilhin Nat.
Nat Bank.
Rank Columbus...
f’ nlnmKi..
in Sill •
»r. I|Seasoogood a.A,Mayer.
ti —
Ohio
10,*5^
ih
Cm In. I 10.654 BO
1 N‘tl* B *. Columbus, lu.t tv* ©d •Lomprectu Br>v Co.. Cl*vo . 10 6 7 00
K- hleyboite 4 C 0 e O ocln . lo,®07 7 6 1Sscond Nat. Bit., Sandusky,. ltt.SST Oft

Bonds matnre $5,000 Dec. 1.1904, and $5.0' 0 Dec. 1, 1905.
For further description of bonds see Chronicle May 6 1899,
p. 890.
Oronogn (Mo.) Seh"Ol D i-trift . — B o n d S a le .— Oa Mav 20,
1899, $5,250 Hi 0 20-year (optional! school hoods were
awatded to T. B. Potter, Chicago, at llO 476. Following are
the bids :
X - V ; ‘f7 r- ' birauu
----- .4jY* <> Ntwl-VouBA B tiid A HUmk Co,
W . J. M .rm A Son... CI«ri.Ia»l .4.770
-t L » o l > .................................li.iMQ
Gr**Jtr a K rt -inlck _____
&,4Cm

NEW
8

^

5

io n

THE CHRONICLE

Mat 27 I8V9

LOANS
0

, 0

0

NEW

R. L. Fraxee, P elican Rapids $6,560 00 I J . D. C legh orn & C o.. M ln n’lis. 96,387 00
C. C- Cr <wran A Co.. Gr. Forks,
M ason, L ew is JkCo., Ch lcaao . 6,8o4 f»0
N\ Dak.
........................... 6.595 00 | D enison, P rio r & Co.. C l e v e ... 6,276 50
K ane * C o „ M in n e a p o lis......... p .miooo Stoddard. N ye Jk Co., M in nJis. 6,250 60
W. J. H a ye s a Sons, C le v e . ... 6,527 00 j Chas. H. Collin. C h ica g o ----- . 6,201 00
T r 'W b r lo g e , M acD onald x
i C. F. K im ball & Co., C h icago . «,075 ^0
Nkver C i„ Chicago
.......... 6.417 00 N. W . H a m s & C o , Chicago. - 6,00000
Cha», S. K idd er Jt Oo.. C h ic .. .. 6,406 8 > 1

All bids included accrued interest and blank bonds. The
bid of R L. Frazee provided for the delivery of the bonds in
such amounts and at such times as money may be needed by
the School Board and also for the payment of principal and
interest at Pelican Rapids This was considered the best
bid and was therefore accepted. For description of bonds
see C
May 6. 1899, p. 801,
Pendleton, Ore. — B o n d O ffe r in g .—Proposals will be re­
ceived until 7 p m. June 14, 1899, by J. E Beam, City Re­
corder. for $ 50,00 ! 57 gold coupon bonds, dated July 1,1899.
Interest will he payable January t and July 1 at New York
City or at any city in th Uolted States, at buyer’s option,
and the principal will mature July 1, 1929, subject, to call
after July 1. 10t9. Bonds are issu-d in accordance wi h sn
h r o n ic l e

LOANS.

BOND

0

Pawnee l ily (Neb.) School IHstricl. - B o n d O ffe r in g . —
Proposals will be received until 5 p, m June 15, 1899, by the
Board of Education—Frank A. Barton, Secretary—for the
§10,000 57 bonds voted on April 4, 1899. Securities will be
in denomination of §500, dated May 1, 1899; interest will be
payable semi annually at the office'of the County Treasurer
in Pawnee City. Principal will mature May 1, 1914, subject
to call after May 1, 1804. Bonds are issued in accordance
with sub-divisions 14 and 15 of Chapter 79, Compiled Statutes
of Nebraska of 1897 Proposals must be accompanied by a
certified check for §200, payable to the order of the School
Dis'rict of Pawnee City. The official circular states that no
previous issues of bonds of this district have ever been con­
tested, nor have any of such bonds been defaulted as to pay­
ment of either principal or interest. “ No litigation is pend­
ing or threatened concerning the validity of these bonds.”
Assesssed valuation, §309,000: estimated real valuation,
$1,545,00 ': estimated total population, 3,300: bonded debt,
including this issue, §12,500.
Pelican Rapids (M in n .) Independent School D istrict
No. 10;— B o n d S a l e — O a May 15. 1899. the $8,000 5J 10-15year (serial) bonds were awarded to R L. Frazee, Pelican
Rapius, at 109-lti6. Following are the bids :

N E W L O A N S . ____

CALL.

$

C IT Y of N O R W A L K
ZHif GOLD BONDS
£*»J**1 rr*j{x>«aJa fo r th e purchase o f the whole or
part o f »n Irauo o f Two Hundred and fi ft y 91.000
Bond# Co be tamed by the City o f Norwalk, lo be
P*hl ^o Gold Coin o f th e United Since® o f the present
weight and anene®*; to bear 3H per cent lnt«fe*tt
payable in equal »eisl-annual payments. payable
July irt. A. D- 1029, »m3 nt t h e option o f the Cuy cm
ftoy Jftmjftry l.*t or J qIt let after January u t, 19*0.
opon giving thrr« monthk’ notice o f Intention to p«y
wlfl bo
by Muynr Ctwrlen L. Glr.rtr o f the
City o f Norwalk r$ot|! the 2»tb day o f Way, A- I>,
180P. at t t o ’tflcick noon.
Said boiidt are to pwy a like amonnt o f bond* now
oautan d lok and payable July lM, 1609. Two hun.
dred thoaesmd o f whloh were for water-work* con*
•traction and fifty thousand municipal expenses
The bond* will
dated J o lt 1*t, l«9», have Interest
coap.rnv attached or be rc»fi^»*r«d a* purchaser*
•hall elect, and are to be payable, both primripai and
interact, at the Fairfield County National Bank, in
flfitd city,
IVopriftal* *bot»M state the ntrcntHtir o f b<mds bid
for. and most be areompaolad by a certified check
for rme per cent o f the amount par ralue o f the
bond* bid for. All bide will be opened by the City
Council on June lat, W w , at » p. m . The ihrbt. l*
reaerrad to reject any and all bids.
The Cit
Grand Lint l» o wer
Population
la over }'• ,0oo. The income from war artwork* la m*yeral thousand Id eroe«« o f ail expenses and Interee*and ts required by the charter to be applied to expe *e o f con -trocu on . ef<r. o f water works.
01,1 VKR K. W l l j o j f ,
GOOl.D HOYT.
A. H. HOYT.
fTnance Committee.
City of Norwalk. Conn. Mar lU b , 1809

M i d l a n d T e r m in a l B ’ w a y C o.
U

1st Mortgra^p h i flold Bontjg,
DUB DBCF.MRETi 1JW6.
Pkrm^T,#- eor-iirr-I hr Sink!r,ji Fund prnTt.i'in.
F » I C ® 10-7 A M I IN T E R E S T .
Poll pm-livnUr. rtp-m MU.I(eaU-m,

E. H. R O L L I N S 8c S O N S ,

! » M H .H S T R E E T , B tlS T O N .
Ti*t,rtr. cnitmuir>
S«o r t m s m , (n llfn m u

OF

TAM PA,

FLA.

C ity

of

P la t t s m o n t h ,

N e b ,,

BONDS.

T o a l l h o ld e r * o l t he H on d a o f t h e C i t y o f
T o m p n . Iftaited u n d e r O r d i n a n c e N o. 3*i,
TO WHOM IT MAY CONCERN:
o f an Id C i t y .
The owners and holders of the following described
Von will TA K K NOTICK: That the City o f Tampa
•rill excreta* I*# option (firen In Section One o f aafd bond* of the City of Plattsmonth, Casa C nnty
Nebraska,
to-wlt:
ordinance No. 3M, and will, nn the 1st day o f Jane, i
High School Refunding Bonds dated August 1st,
A . D. 1809, take up. pay off and cancel all Bonds
Issued to the amount of ff*3.<)00. due August
laaned under said Ordinance No. 3S, with all Inter *
1st. 1S*)5,
vmt d oe thereon on said date.
Intersection Paving Bonds, dated October 1st,
The money amonMJn« to * 1 0 0 . 0 0 ( 1 the amnom
Issued |o the amount of 910,000, due October
o f the outstanding Bonds Issued under Ordinance
No.
and a MifflcJcnf amount to pay all accrued In- 1st. 100t,
Storm W a te r .Ht*wer B on d s (G eneral) dated M ay
terext. w «i be placed with the A in e r i c n n F.xe l m n g e N m i o n n l f- n n k o f t h r C i t y o f N e w l i t , 1S88, issued to th e am ount o f flO.OOo, d u e M ay
Y o r k , ?*tnie o f N e w Y o r k , on or before the 1st, 190A.
All of sold bonds being payable at the Fiscal
1st d n y e f J u n e . A . D . 1 * 9 9 , with Instruct Ion*
that raid Bonds are to be taken up when presented Agency of the State of Nebraska In New York City,
Are hereby notified that the said City of Plattsand payment made therefore. This notice I* given
as required by Ordinance No. 88o f the City o f Tampa, month, by action of Us Msyor and City Council, hits
decided
and elected to exercise Its option to pay
to the raid American Exchange National Bank o f
and redeem said bonds. Now, therefore, the owners
New York, where said bond* are made paynble.
A fter the 1st dav o f June. A. D. 18fn». all Intercat on and holders of the sa'd bonda above described are
•aid bonds *LaJl cease and the City o f Tampa will not hereby notified to present said bonds at their place of
payment, viz,: The Fiscal Agency of the state of
be liable <or same.
Nebraska, In the city of New York, on the 1st clay of
.Signed
June, 1'99, for redemption and payment,
^ tO Y T I ir
F c bo w vek.
This notice Is given In pursuance of the order of
C I T V OF
:
°r
Ulty o f Tampa.
the Mayor and Connell of said City of Plattsmmitb,
TAM PA
:
FRANKBRUEN.
In witness whereof the said City of PIattain otith
......................
: President o f the City Council.
A ttested :
bus caused this notice to be signed by Its Mayor and
-TNO. M. HENDERSON.
attested by tbe City Clerk, and the seal of said City
City Clerk.
of Pla’ tsmouth to be affixed this 22ddayofMay,
Approred.
A. D. 1809.
JNO. A. W ELLER,
JOHN P. SATTLBR,
City Auditor.
President of the Council.
Attest:
Dated at Tampa, Florida. ISth May, 1809.
B. C. KERB.
City Clerk.

# 5 5 ,0 0 0

C it y

$ 5 0 ,0 0 0
ICOLO ft A DO.)

C IT Y

1 0 8 , 0 0 0

of

M on tg om ery ,

4-545 Bonds.

C A U T IO N
A la .

STOLEN

BONDS.

In a m e n t mall robbery at Butte, Montana,there
were stolen 14 coupon bonds issued t>y the County of
Jefferson.
Montana, of *500 each. Issue of it 87, No.
Bids will be received by City of Montgomery. Ala. l<s.» to No. 118
Inclusive.
nntll 12 M. .tune 12tb. prox.. for 30-year
Bonds.
All persons arc warned against purchasing these
bonds. Any one having Information concerning
$35,000 for bnlldfog School Houses.
•nmn will please report to
for const mctlna Sanitary Sewers.
CHUBB A SON.
Fuller Building, Jer«ey City, N. J.
The bids must be unconditional. Investigation as
to their legality to be made before proposals, and
every bid accompanied by certified check of five hun­
I f you wish to buy or sell Municipal
dred dollars.
The City reserves the right to reject any and all or other Securitie8,pleaee write or call.
bids.
S. A . KEAN. 132 La Salle S t , Chicago.
R. H. SOMMERVfLLE, Treas.

[VOL. LXVIII.

THE CHRONICLE.

1042

ties will bear date of July 1, 1899. Interest will be payable
Act of the Legislature of the State of Oregon approved Feb. January
1 and Jaly 1, and the principal will mature July 1
15,1^99, and are authorized for the following purposes :
1919.
The original bonds were issued in 1882 as 6 per cents
1—115,000 for constructing or repairing and maintaining the present system
to
the
Minnesota
Central Railroad Company.
o f wat»*r work*.
. . . . . .
t —*30.000 for the purpose o f refunding the water bonds o f the cltr.
Rockwell, Iowa .— B o n d s V o t e d — This place has voted to
5—$75,000 f*»r the purp<»#o o f paring the unbonded or floating Indebtedness.
issue $5,000 4% 20-year water-works bonds. Full details and
4—f.Ho.000 for the purpose o 1 refunding the leree bonds o f the city.
The bidders for the levee bonds will be required to secure date of sale of these bonds have not yet been determined
at their own trouble and expense the outstanding levee upon.
bonds, amounting to $40,000, having eight years to run.
Rocky Mount, N. C — Bond Offering.— Bids for the $40,000
Bids, however, will be received and considered for the pur­ water-works bonds will be received until4p.M. Jane 6,1899, by
poses mentioned above, numbered 1, 2 and 3 (making a total T. T. Thorne, City Clerk. Interest will be at the rate of 4%,
of $120,000), onlv if made. The denominations of the bonds payable annually on January 2. Bonds are in denomination
may be $100, $500 and $1,010. Successful bidders shall at of $100, dated June 2, 1899. Principal will mature June 2.
their own expense furnish all necessary bonds and coupons 1919. A certified check for $1,000, payable to C. C. Cooper,
and make examinations of all records; the city is not to fur­ City Treasurer, must accomoany proposals.
nish any copy of any record, but all bidders shall have free
Rnsliville, Ind .— B o n d s P r o p o s e d — The School Board of
access to its records. Bidders must satisfy themselves of the the City desires the City Council to issue $50,000 bonds for
city’s right to issue bonds before bidding. Proposals must new school houses.
be accompanied by a certified check for 2£ of the amount bid,
Sac County, Iowa.—B o n d S a le .—On May 17, 1899, this
payable to F. W. Vincent, Mayor.
county sold $27,000 refunding bonds to the First National
Petoskey, Emmet Comity Mich.—Bond Sale.—The $1*,- Bank, Chicago, at par for a
bond. Principal will ma­
000 4% 10-20 year (optional) electric light bonds were awarded ture fifteen years from date of issue, subject to call after five
on May 3, 1699, to Raymond A. Baby of Detroit at 101-666. years. For further description of bonds see C
,
See C hronicle April 29, p. 841.
29, 1899, p. 842,
Providence, R. I.—Loan Authorized.—The City Treas­ April
St. Joseph (Mo.) School Ditsrict . — B o n d S a le .—On May
urer has been authorized to borrow $35,000 for school pur­ 22,1899, the $50,000 4% 10-20 year (optional) school-house
poses. Loan will be paid out of tax receipts in October, 1899. bonds were awarded to L. L. Doubleday, Columbus, Kan.,
Pnnxsntawney, Pa.—No Bond Election.— It was originally
Following are the bids :
proposed to hold an election on May 23,1899, to vote on the at S.105-655.
Columbus..$52,82? 50 I N, W . Harris & Co., Chicago.. $52,085 00
question of issuing $35,000 water bonds, but we are advised T. B.Doubleday,
Potter, Chicago.......... 52,«77 00 Jose, Parker & Co., Boston.. 5?,029 50
the ordinance was recalled and tabled indefinitely.
K. Klcybolte A « o., Cincln... 52,590 00 I Mercb. Ln. & Tr. Co., Chic. 62,017 50
& Sons, Cleve... 52,50<i 00 i Feeler, Holztnan ACo.. Cin... 51,762 00
Qnincy, Mass.—Rond Sale.—On May 25, 1899, $30,000 %%% VV. J, HayesBros.
Co., Cleve.. 52.557 50 I E. H. Rollins A Sons, Boston, 51,OSS 50
1-a 0-year water bonds were awarded to E. H. Rollins & Sons, Lamprecht
Farson, Leach A Co., Chic.... 52,532 50 I Denison. Prior ACo., Cleve.. 51,002 00
Mason. Lewis & Co., Chicago. 52,441001 Tootle, Lemon & Co.,St. Joe. 51,560 00
Boston, at 104-337. Following are the bids ;
C. F. Kimball A Co.. Chicago. 52,400 00 <S. A. Kean, Chicago............. 61,500 00
Seasongood A Mayer, Cincin. 52,393 00 I First Nat.Bk. St Joe ($25,000) 25.275 00
K. H. Rollins j: Sons. Boston...101-337 Rlnes k Cummings, B oston ..... 103*79
N. W. Harris & Co., Boston...... 10Y187 Adams & Co.. B oston.................103*543
W.
Holman
Cary
&
Co.,
Boston.lC8*41
For description of bonds see C
May 13, 1899,
C. B Wllbnr & Co., Boston........101*116
B Klejrbolte & Co.. New York. .101*07 Blake Bros. & Co., Boston........103*33
p. 912.
Jose. Parker A C‘*.. Boston........lOl'OO K. L. Day & Co.. Boston............J03*329
K. H. Gay & Co.. Boston______ 103*835 I Denison, Prior & Co., C leve.... 103*29
Sanford, Moore County, N. C.— B o n d S a le —On May 18,
BlodgeL Merritt A Co., Boston. 103*823 I Parkinson & Burr, B oston........102*85
1899, $10,000 fig 30-year water-works bonds were sold to R.
W. J. Hayes A Sons. Boston. . .108*808 I
T.
& R. L, Gray, Raleigh, at 105-83. Other bids were Deni­
Red Wing, Minn.—Bond Offering.—Proposals will be re­
ceived until 7:30 p . m. June 2, 1899, by W. E. Taylor, City son, Prior & Co., Cleveland, at 105-60, and S. A. Kean,
Clerk, for $5,000 4$ railroad-aid refunding bonds. Securi­ Chicago, at 103-55.
h r o n ic l e

h r o n ic l e

# 5 0 0 ,0 0 0

C I T Y o f D U L U T H , M I N N .,

4

GOLD BONDS.

The City of Duluth will, on June 19, 1899, sell
$500,000
gold, serai annual coupon, 15-year gen­
eral bonds, for the purpose of taking up the floating
Indebtedness of the city. All bids must be accom­
panied by certified check, certificate of deposit, or
apt roved bond for one per cent of the face value of
the bonds bid for. Bonds will be of $1,000 denom­
ination unless otherwise specified in bid, but if so
desired, and it Is so specified In bid they may be of
any of the following denominations: $1,000, $500,
$100 or $50.
Bids to be nnconditional except on favorable
opinion of Messrs. Dillon A Hubbard or other at­
torneys of similar note.
For further Information address the undersigned.
H. W . CHEADLE.
City Clerk, Dnluth, Minn.

IN V E S T M E N T S .

N E W LOANS.
BOND CALL.

N E W LOANS

G o v e r n m e n t and
M unicipal B on d s

A N D E R S O N C O . , K A N . BO U GH T AND SOLD.
Notice is hereby given that the following described

APPRAISEMENTS MADE OR QUOTATIONS
Bonds of Anderson County* K a n s a s , are called
FURNISHED FOR THE PURCHASE, SALE OR
for payment and cancellation.
EXCHANGE OF ABOVE SECURITIES.
Forty-five Bonds of $1,000 each, bearing date of
JLISTS ON A P P L I C A T I O N ,
April 22d, 1881, and numbered from fourteen to flfI yeigbt, both numbers inclusive, and known as Series
A; also Seventeen Bonds of $500 each, bearing date
of April 22d, 1881, numbered from 59 to 75, both
B A N K E R S ,
numbers inclusive, and known as Series B; all the
above Bonds bear 6% interest payable semi-annually. 3 1 N A S S A U S T . (B a n k of C om m erce B ld g.)
The above-described Bonds are called for payment
principal and accrued interest, at the National Bank
of the Republic, Fiscal Agent of the State of Kansas
P U B L IC S E C U R IT IE S
in the City of New York, on July 1st, 1899, according
to the terms of said issue, and that the Interest on
SUITABLE FOR
said Bonds will cease on said day.
J. W. SHIELDS,
Treasurer of Anderson County, Kansas.
Garnett, Kansas, May lfith, 1899.

N. W . H A R R I S

& C O .,

SAVIN GS BANK AND T R U S T
FUNDS.

LISTS MAILED ON APPLICATION.
BOND CALL.
Nashville, Tenn.................................4s
Montgomery, Ala............................... 4}^s
Saginaw, Mich................................... 4s* T O L E D O ,
O H I O . F a r s o n , L e a c h & C o .,
Austin,Texas...................................... 5s
Harrison County, Ind.................... 4s
is hereby given that $250,000 B rid ge
C H IC A G O ,
NEW Y O R K ,
JayConnty, Ind ................................8J^s BNotice
o n I of the City of Toledo, Ohio, num bers 1 to IOO D e arb o rn S t.
3 5 N a ssa u S t.
Sandusky, Ohio.................................. 4s
dated October 1 , 1 S S 3 , and num bers
Montgomery County,Ohio_______ 4s ‘2 2 0 to *2.50. dated Oct. 1 ,1 8 8 4 , now red eem ­
THE
a
b
le
,
be and the same are called for redem ption
Tiffin, Ohio .........................................6s at the Importers’
&
Traders’
National
Bank
of
New
Upper Sandusky, Ohio.................... 6s York City, the fiscal agency of the City of Toledo, L a m p r e c h t B r o s . C o .
St. Paris, Ohio.................................. 6s
C entury B u ild in g, C L E V E L A N D , O H I O ,
A pril 1 , 1 S 9 9 , after which date interest
Olenvllle, Ohio.................................. 5s Ohio,
DEALERS IN
ceased.
Van Wert, Ohio...................... ..........4J£s thereon
By order of the Common Council of the City of
MUNICIPAL,
RAILROAD,
Toledo.
STREET RAILWAY & CORPORATION
GEO. U. ROULET, City Auditor.
B r i c c s , T o d d & Co.,
No. 35 E
T
S
,
BONDS.
5%

ih

ast

hird

C IN C IN N A T I,

treet

O H IO .

HIGH G RA D E

State, Mnnicipal, County, School

E D W D . C. JONES & CO
DEALERS IN

Municipal, Railroad
Street Railway and Gas

LISTS SENT UPON REQUEST.
Information given and Quotations furnished con­
cerning all classes of stocks and bonds that have a
Cleveland market

BO N D S.

YR O W B R ID G E,
M a c D onald
Co..
& N iver C o .

Legal Investments for Savings Banks in New York
and all New England.

R u d o lp h

K le y b o lte

&

BONDS.

B A N K E R S ,

NSW YORK
1 NASSAU STREET.
PHILADELPHIA . *21 CHESTNUT ST.

3d and W a ln u t S tre e ts, C incinn ati, O .

No. 1 Nasanu S tre e t, N ew Y o r k ,

L IS T S

M A IL E D

UPON A P P L I C A T I O N .

M U N IC IPAL B O N DS,

Ut Nat. Bank Bldg. ■ . CHICAGO

1043

THE CHRONICLE.

M ay 27, 1899.J

Springfield, Ohio.—
Proposals will be re­
ceived until 8 p. . June 20, 1899, by Philip Huonker, city
clerk, for $6,526 35 (which amount may be reduced) 6£ 1-5
year street improvement bonds. Bonds are dated June 1,
1899; interest will be payable March 1 and September 1, at
the Importers’ Traders’ National Bank, New York City.
—
—At the election held May
20, 1899, the issuance of bonds was authorized for the pur­
pose of improving the water supply, for a cemetery, and for
the extension of the sewerage system.
—On May 24, 1899, the $150,000
4 park improvement bonds were awarded to the Northern
National Bank of Toledo, at 111-333. Bonds mature April
1, 1929, subject to call after April 1, 1919. For further
description of bonds see
April 29, 1899, 842.
Topeka, Kan.—
—We are ad­
vised by J. H. Squires, City Clerk, that the $3,670 44 6g im­
provement bonds referred to last week have been sold; also
that “the amount of bonds to pay for the creation of Sewer
District No. 13 will probably be $40,000 or more, and bids
will likely be received up to June 1, 1899.”
Following
are the bids received on May 17, 1899, for the $20,000
bonds awarded (as stated last week) Rudolph Kleybolte &
Co., Cincinnati, at It 6 5625 :

Bond Offering.—
Sedalia (M o.) School D istrict.— Details o f Bonds Sold.—
m
W e noted in the C h r osic le May 13, 1899, that this district
had sold $30,000 2d year funding bonds to Rudolph Kleybolte & Co., Chicago," at 106-68 for 4 per cents. W e are now
advised that the $17,000 funding bonds, also referred to,
&
were sold to the same firm at par. Securities are in denom­
Sullivan, 111. Bonds Voted.
ination of $1,000, with the option of the district to pay $3,000
of the $17,000 issue in 1900, 1901, 1903 and 1905, and $4,000 in
1902 and 1904. The $30,000 issue will be dated June 1, 1899,
the $17,000 issue not later than July 1, 1899.
Toledo, Ohio.— Bond S a le .
Somerset ( Borough), Pa.— Bond Offering. — Proposals will
i
be received until 7:30 p . m . June 1,1899, by the Town Coun­
cil, R. E. Meyers, Clerk, for $20,000 3% £ refunding water­
works bonds." Securities are in denomination of $500. Prin­
Chronicle
p.
cipal will mature in 1911, $7,000 being optional after one
Bond S a le — Bond Offering.
year and $13,000 after five years. Proposals are also asked
for the above bonds bearing 4% interest.
Som erville, Mass.— Bond Sale. — Proposals will be re­
ceived until 8 p . m . June 8, 1899. by the Committee on
Finance, care of John F. Cole, City Treasurer, for $110,000
4< city loan bonds. Securities are in denomination of $1,000,
U h ricb sville (O h io) School D istrict.— Bids.—
dated July 1, 1899.
Interest will be payable semi-annually
4%
at the National Security Bank, Boston. Principal will ma­
to
ture yearly on July 1 as follows : $8,000 from 1900 to 1905;
$7,000 from 1906 ,to 1909; $4,000 from 1910 to 1914; $3,000
R. Kleybolte A Co., Ctncln.. .I21.M2 50 I ft. A. Kean. Chicago................120,676 00
from 1915 to 1918, and $2,000 in 1919, all dates inclusive.
First Nat. Rank. Orcleville.. 21.262 00 I Feder. Holzman A Co.. Oil)... 20,652 00
Briggs. Todd A Co.. Ctncln... 21,255 75 Denlsou, Prior A Co.. Clevo.. 20.41'100
Bids must be for the whole issue, and those contemplating
\ Mayer, Ctncln. 21,082 75 i First Nat. Bank.Columbus... 20,350 00
any conditions, other than the usual provision that the bonds ! ^eaeonpcod
Atiaa Nat. Bank. Ctncln........ 21.005 75 I Meyer A Ketaer, Ind’apolis... 20,k08 01
must be legally issued, will not be considered.
Lamprecht Bros. Co.. Cleve 20,879 00 |
South Omaha, Neb.— Bonds Re-sold.— The $70,000 refund­
— Bonds Authorized.
ing bonds sold early this month at private sale to F. J. Moriarty. Cashier Packers' National Bank of South Omaha, at
100-50, were re-sold on May 22, 1899, at public auction to the
Bow l Offering.— John
same party at 101-25. The first sale was not allowed to standowing to the objection made to the bonds being sold at pri,
I40.0C0 00 41 free academy building bonds. Issued pursuant with Chapter 122
vate sale.
Laws of 1899. Principal will mature] |2,' 00 yearly on January 1
from H»00 to 1919. Inclusive.
Spirit Lake (Io w a ) Independent School D istrict.— Bond
20.000 00 4% school building bonds, issued pursuant with Chapter 122, Laws of
Offering.— Proposals will be received until June 5. 1899, by
lttrt). and maturing II,coo yearly on January 1 from lwtO to 1919, In­
clusive.
C. E. Abbott, Secretary, for $4,500 4* school-building bond's
505 01 4« i-6-year TJbcrty Street bonds, dated March 17. 1899.
and $2,500 4 i refunding bonds. Securities are in denomina­
1,608 80 4% 1-6-year Weti Street bonds, dated April 7, lb99.
624 57 4* 1-6-year (ienesee St. bridge- approach bonds, dated April 7.1899.
tion of $500, dated June 15, 1899. Principal will mature
1.669 12 4% 1-6-year Court Street bonds, dated April 21.1899.
June 15, 1909, subject to call after June 15, 1904.
4,186 67 4% 1-6-year Sunset Street bonds, dated April 21, 1899.

Uniontown, Pa.
—On May 22, 1899,
the Council passed an ordinance providing for the refunding
of the borough’s debt.
Utica. N. Y.—
A. Cantwell. City
Clerk, will sell at public auction at 12 si. June 1, 1899, the
following bonds :

I N V E S T M E N T S . ___
U . S . F L O U R M I L L I N G CO.
1st X tg e . 64 (.old Bundy.
D e n o m in a t io n , 9 1 *0041.
Dated May 1, 1890.

Due May 1. 1939.

REDEEMABLE AFTER 10 YEARS AT 110.

IN V E S TM E N TS
MASON, LE W IS & CO

Special circular on application.

C . H. W HITE

Sc

M U N IC IP A L
RAILROAD
CORPORATION

BONDS

Choice Issued.

71 Broadway, • New York.
M U N ICIPAL BONDS.
E. O. S t a n w o o d & C o .
B A S H IR S ,

121 Devonshire 8treet.
B 08 T O N .
CA SH PAID FOR

DEAN CORDON,
Financial Broktr
W IC H IT A . K A N SA S.
C. R. G O O D E & C O .
G e ttin g

W A R R A N T S

fro m

15 WALL STREET
8 %

4

to

NEW YORK.

NET.

Safe us Oovernroent Bond. New York Clt y Real
Estate, Increasing In value rapidly. We have some
eery choice investment properties.

S. O sg o o d
C a r. 43 th Sic.

8
n
A
I
H AND S
A
L
L
A

S P E C IA L T IE S .

L I S T ON A P P L I C A T I O N .

T h e A m e r ic a n

M a n ’f ’g

C o.

67 W A L L S T R E E T ,

W hann & Schlesinger,
M U N ICIPA L and R A ILR O A D
S E C U R IT IE S .
-

Y O R K .

ADAMS & COMPANY,

D E A L E R S INI

71 B R O A D W A Y

\ E W

NEW YORK.

BANKERS/
DKAI.KR8 IN

IN V E STM E N T

BONDS,

Devitt, Tremble & Co.,

No. 7 Congress and 81 State Streets,

M U N IC IP A L BONDS.

BOSTON.

Member* of Boston 8took Exohanae.l

F ir s t N a t i o n a l H a n k B u i l d i n g ,

K a n s a s M unicipal Bends la d e fa u lt,
W ic h ita .M ertcagrs, de fau lt o r net,
W ic h it a o r Hedffwlck C * . R e a l E sta te.
Foreclose N « r t i * i r s , etc.

1 1 1 4 .I l-4 .lt \ O E

I C O R D A G E

Street R ailw ay and Gag Companies.

COM

BAN KERS.

R O P E .
o

BO STO N ,
6 0 D evon sh ire S t.

Surplus.....................................................9 4 7 *2 .8 7 3
P R IC E . 1 0 3 A N D IN T E R E S T .

T R A N S M IS S IO N

BANKERS
C H IC A G O ,
17 1 I.a S a lle S t.

Coupoos May and November.
Average annual net profits .................
99*2*2.873
Annual Interest charnee on bonds Issued. 4 3 0 ,0 0 0

IN V E S T M E N T S .

P e l l & C o .,
3 4 3 3th A V K .

_________ C H IC A G O._________
M U N IC IPAL

BONDS.

John Nuveen & Co.,
INVESTMENT

State o f Massachusetts....................... 3s
City o f Cam bridge..................................8J£&
.Michigan Central C olla tera l...........8)£s
Rock Isla n d ..............................................4s
Baltim ore & O hio................................. 4s
United Electric Securities C o ... 5s

BANKERS,

1st National Bank B uilding, Chicago
Correspondence solicited.

Perry, Coffin & Burr,
6 0 S ta te S tr e e t, B o s t o n .

R* f e m u r , F ir t t N a tio n a l B a n k , ChicoQO-

M UNICIPAL

BONDS.

Securities N etting from

to 61

ALW AYS ON HAND.
Bend for our Investment Circular.

DUKE M. FARSON. Banker.
Municipal Honda.

18*2 D earborn Hi reel
C H IC A G O .

Blodget, Merritt & Co.,
BANKERS

16 Congress Street, Boston.
1 3 W a l l 8 tr e e t( New Y o r k .

ST A T E , C IT Y & R A IL R O A D BONDS

THE CHRONICLE.

1044

Tbo street bonds mentioned above are issned in pursuance
with subdivision 1 of Section 99, Charter of Utica, as amend­
ed by Chapter 837, Laws of 1894.
Valdosta, Ga.— B o n d s V o te d —At the election held May
20, 1899, the issuance of $85,0i0 5$ 80-year sewer bonds was
authorized.
Valley Falls (Kan.) School District No. 10.—B o n d s
V o ted .— 'This district recently voted to issue $10,800 high
school bonds.
Victoria, Texas.— B o n d s P r o p o s e d .—The City Council has
under consideration the issuance of bonds for street im­
provements.
Warren (Ohio) School District .— B o n d Sale.— On May 32,
1899, $30,000 i f school bonds were awarded to the Lamprecbc
Bros. Co., Cleveland, at 109 075.
Washington, Wilkes Comity, Ga.—Bond O ffe r in g .— Pro­
posals will be received until June 12. 1899, for the $30,000
gold water-woiks, electric-light and sewer bonds recently
voted. Securities are in denomination of $1,000. dated July
I , 1899. Intere-t will be payable January! and July 1 at
the office of the City Treasurer. Principal will mature one
bond yearly.
Watertown. Mass.—L o a n O ffe r in g .— Proposals will be re­
ceived by Chas. W. Stone, Town Treasuer, until May 29,
1899, for a Iran of $50,( 00 in anticipation of the collection of
taxes. Loan will mature October 1, 1899.
West Point. Neb.—B o n d S a le .— On May 19, 1899, the $23,900 i % f 10 20 year (optional) refunding bonds were awarded
to Chas. S. Kidder & Co , Chicago, at 100 941.
West Unity (Ohio) School District.—B o n d E le c tio n P r o ­
p o s e d .— The calling of a special election to vote on the ques­
tion of issuing $5,000 bonds for school purposes is being
considered.
Wharton (Texas) School District.—Bond S a le .— Tbe At­
torney-General has approved an issue of $8,000 6% 20-year
school bonds? The bonds were sold on May 2l, 1899.
Winnebago County (P. 0. Oshkosh), Wis.— N o te O ffer­
in g .— Pioposals will be received until 12 m , May 31, 1899, by
J. M Rounds County Treasurer, for $23,000 of tbe $25,00 *
notes which we recently reported as having been authorized
for the purprte of erecting a county jail and a Sheriff’s resi­
dence. Secuiities will be issued in denominations to suit

the iender, dated July 1, 1899; interest will be payable April
1 at the County Treasury or county depository. “Principal
will mature as nearly as may be as follows: $2,000 on April
1, 1900, and $5,100 yearly on April 1, from 1901 to 1904, in­
clusive.” Notes will be issued pursuant to a resolution of
the County Board duly adopted on May 3,1899. “A proposi­
tion to let the county have the money as needed between
July 1, 1899, and November 1, 1899, the shorter notes to be
issued first, interest being equal, will be considered more
favorable.” At like rates of interest Winnebago County
bidders will be preferred.
Woodsville (N. H.) School District. — L e a n A u t h o r i z e d .—
At a meeting held May 20, 1899, the issuance of $20,000
school-house notes was authorized.
Worcester. Mass.— B o n d s P r o p o s e d .— The State Senate has
under consideration a bill permitting this city to borrow
$700,000 for the payment of Kettle Brook damages.
Youngstown, Ohio.— B o n d S a le. -O n May 22, 1899, the
$5,000 5% sidewalk bonds and the $6,250 T.% Himrod Avenue
bonds were awarded to the Dollar Savings & Trust Co. of
Youngstown at 105 23 and 105-24, respectively. Following
are the bids ;
$5,000
$6,250.
Dollar Savings & Trust Co., Youngstown.
Feder, Holzman & Co.. Cincinnati............
Croghan Bank of Frem ont...........................
Firemen's Pension Fund, Voungstown—
Seasongood & Mayer, Cincinnati................
Mahoning National Bank, Youngstown...
W. i. Hnye* & Sons, Cleveland.................
Buffers, Todd & Co., Cmcinnati...................
R. .v le yb o lte * Co.. Cincinnati ................
R. McCurdy, YouDcstown.
...............
LamprechT Bros. Co., Cleveland................
Denison. Prior & Co.. Cleveland................
C. F. Kimball & Co., C hicago......................

Sidewalk
B >nds.
...... $5,2*150

Himrod Ave.
Bonds.
$6,577 50
----- £,244 76
6,555 00
...... 6,24150
0,651 60
6,525 00
.. 5,216 90
0,519 88
.. .. 5,215 00
0,620 00
0,516 00
. . .. 5,213 00
0.615 05
...... 5,212 50
6.516 00
6,614 88
. . .. 6,120 50
6,405 62
.. . 5,105 00
6,501 00
6,473 00
.. . 5,178 50
fu r th e r
2 9, 1899, p . 848.

Bonds mature one-fifth yearly on October 1. For
description of bonds see C
April
Tan Buren, Mo.—T. T. Crittenden, Jr., County Clerk,
This township is in Jackson County.
h r o n ic l e

LOANS—
When Due. T a x v a lu a tio n , p e r s o n a l..$ 2 0 3 ,9 3 0
R e f u n d in g B o n d s 1 8 9 2 —
I T o t a l v a lu a tio n , 1 8 9 7 ____ 7 0 7 ,5 8 0
4s, J a n . 4, $ 5 ,0 0 0 ........'
O p tion a l
A ss e ss m e n t is 25 a c tu a l v a lu e.
B o n d e d d e b t A p ril 1 ,1 8 9 9 .$ 4 1 ,0 0 0 I P o p u la tio n in 1 89 0 w a s .........2 ,0 2 0
T a x va lu a tio n , r e a l........... ..5 0 3 ,6 5 0 |P o p u la tio n in 1 8 8 0 w a s ......... 2 ,1 2 4
I N T E R E S T is p a y a b le a t tlie N in th N a tio n a l B a n k , N e w Y o r k C ity .

M IS C E LLA N E O U S .

M IS C E LLA N E O U S .

[Vol. LXYIII.

M IS C E LLA N E O U S
1850.

N o rth A m e r ic a n

THE

U n ite d

S ta te s

G o v e rn m e n t

® r u s t C o m p a n y , uses the Whiting Papers. So do the
NEW Y O R K , 100 B R O A D W A Y .
L on don, 9 5 G rcw h nni S t r e e t .
H n v n n a , *J7 C u lm S t r e e t .
S a n t ia g o , 1 O M a r in a S tr e e t.
C A P I T A L P A I D C JP................... $ 1 , 0 0 0 , 0 0 0
S U R P L U S A N D U N D IV ID E D
P R O F I T S ................................
$ 5 0 0 ,0 0 0
TRANSACTS a general trust business.
ALLOWS LIBERAL RATES of interest on de­
posits and trust funds.
ISSUES LETTERS OF CREDIT and Travelers’
Circular Notes, payable In dollars, or In the mooey
o f any foreign country.
ACTS AS TRUSTEE under mortgages for railway
and other companies.and as Agent for the Registra­
tion of the stock and for the transfer o f the shares of
incorporated companies.
QUALIFIED AND EMPOWERED to act as ex­
ecutor, administrator, trustee, guardian and assignee,
and as receiver and custodian o f funds under or­
ders o f Court.
TH E NORTH AMERICAN TRUST ICOMPANY
has been designated “ F le c a l A g e n ts o f tlie G o v ­
e rn m e n t o f th e U n ited S t a t e s ,” in Cuba, and
has established offices at SANTIAGO and H A V ­
ANA and Is prepared to buy and sell draft s on and to
make payments In Cuba and to transact a gen*
era! bauking business.
OFFICERS:
W. L. TKENHOLM.............................. PRESIDENT
SAMUEL M. J A R V IS ...................... >
VICEROLAND R. CONKLIN...................> PRESIDENTS
8. L. CONKLIN.....................................SECRETARY
JAMES DUANE LI VINGSTON..TRU8T OFFICER

Metropolitan Trust Co.

Of the City o f New York.
3 7 and 3 9 W a ll S tr e e t, N ew Y o rk .
P n ld -u p c u p it n l
...........................$ 1 , 0 0 0 . (I(
H u rp lu n ,......
.................................. 1 ,0 0 0 ,0 1
Designate! as a legal depositary b r order o f S
prane Court. Receive deposits o f money on lute
eat. act as fiscal or transfer agent, or trustee for ct
Derations, and accept and execute any legal tru*
m an persons or corporations, on as favorable ten
as other similar companies.
Bratton Ives. President. Fred’kD .Tappen.V .-Pri
C. M. Jesup. 2dV -r»res.
Beverly Chow, Secretai
Raymond J. Cbatry. Assistant Secretary.

Max H. Borg,

40

BONDS.

BROKER in INVESTMKNI SECURITIES.
K X UK! AN G K P | ,A « K
"
YORK.

leading Railroads, Banks, Insurance
Companies and Mercantile Houses every­
where. If you are not using W h i t i n g ’s
L in en L e d g e r s in your office write us for
samples. For account books they are
unequaled. They are made in tints
especially recommended for the eyes b y
eminent oculists. We will send yon
a pamphlet on the subject free.
H
150

olyoke.

D

oane

M

a s s ..

S t .,

N

ew

Y

The United States Life
Insurance Co.

IN T D K C I T Y O F N E W Y O R K ,
A ll P o l i c i e s n o w Iss u e d b y tliln C o m p a n y
c o n t a in th e f o l l o w i n g c l a u s e :
“ A f t e r o n e y e a r fr o m th e d a t e o f I s s u e , th e
l i a b i l i t y o f t h e C o m p a n y u n d e r t h is p o l i c y
s h a ll n o t h e d i s p u t e d .”
D u r in g 1 S 9 8 th e C o m p a n y m a d e m a t e r i a l
I n c r e a s e in in c o m e , a s s e t s a n d s u r o l u s i a n d
c a n t h u s c l a i m a s u b s t a n t ia l g a in in t h e
m o s t im p o r t a n t e le m e n ts o f s a f e t y a n d p r o g ­
ress.
A l l D e a t h C la im s p a id W I T H O U T D I S ­
CO U N T as soon as s a tis fa c to r y p ro o fs h a v e
b een r e c e iv e d .

Active a n d S u ccessfu l A g en ts, w ish in g to r e p r e ­
sent this C om p a n y, m a y co m m u n ica te w ith
R I C H A R D E . C O C H R A N ,3 d V ice-P resid en t,
at the H o m e Office, 201 B ro a d w a y , N ew Y ork .
o f f ic e r s

:

G E O R G E H . B U R F O R D ................. P r e s i d e n t

WHITINQ PAPER COMPANY,
and

1899

ork

GEO. G. W I L L I A M S ................................ V ic e -P r e s id e n t
C. P. F R A L E I G H ...............................2d V ice -P re sid e n t
R IC H A R D E. C O C H R A N .............. 3d V ice-P resid en t
A . W H E E L W R I G H T ..........................................Secretary
J. L. K E N W A Y ............................... A ssistan t s e c r e ta ry
W I L L I A M T . S T A N D E N ....................................A ctu a ry
A R T H U R C. P E R R Y ..............................................C ashier
JO H N P . M U N N .................................... M edical D ire cto r
F IN A N C E C O M M IT T E E :

B A N K IN G H O U S E O F

GEO. G. W I L L I A M S ................P res. Chem . N at. Bank
JO H N J. T U C K E R ...................................................B u ilder
E. H . P E R K IN S , J R .. .P res. Im p. A T rad ers’ N at. B k.
JA M E S R . P L U M .....................................................L ea th er

H A IG H T & FREESE,

F. R. FULTON & CO.,

68 BROADWAY. NEW YORK.
Boston, 86 State St.; Philadelphia, 402 WaluutBi
Execute orders In 8tocks, Bonds, Grain. Cottoi
And Provisions on the New York, Philadelphia, B ob
ton and Chic ago Grain and Stock Exchanges for In
vestment or to be oarrled on margin o f 8 to 5 pe)
oent at moderate rates o f interest and 1-16 commit
•ion. Interest allowed on margins and deposits subleot to check at sight.

M u n ic ip a l B onos,
171 LA SALLE STREET,

C H IC A G O .
S EC U R E BANK V A U LTS.

D E T E R M I N I N G T H E F I N A N C I A L HE,
*P D N »IB 1 L IT Y OF T H E F IR M W 1T B
W H I C H YO U D E A L 1$ A S I M P O R T A N T
S E L E C T IN G T H E R I G H T S T O C K S .
Private wires to Boston. Philadelphia and Cblcag.*
B ru n ch O iQ ct. 1 13*i H r o n ilw n v . N e w Y orlWE

DEAL

IN

SOUTHERN ANO W ESTERN
S E C U R IT IE S .

ROSENBERGFR

&

LIVERMORE,

(Speciullsts ill Texas Investments),
F O R T Y W A I .L S T R E E T , N E W Y O R K .

GENUINE

WELDED CHROME STEEL AND IRON
Round and Flat Bars and 6-ply Plates and Angles
„
FOR SAFES, VAULTS, &c.
Cannct be Sawed, Cut., or drilled, and positively
Burglar P roof.
CHROM E STEEL W O R K S ,
Kent Ave., Keap and H ooper Sts.,
Sole Man’f ’ers in the U. S. B R O O K L l rN, N. Y .