Full text of Commercial and Financial Chronicle : May 30, 1896, Vol. 62, No. 1614

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

H U N T ’S M E R C H A N T S ’ M A G A Z I N E ,
^
jg tw p K p t* ,
EEPKE8EN TING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF TH E UN ITED STATES.
[E a te re l acc -iidlng to Aot o{ C o n g ress in th e y e a r 1396, b y th e W il lia m B. D a s a Co m pa x y , In th e office o l th e L ib ra ria n of C ongress,]

VOL. 62.

SATURDAY, MAY 30, 1898.

NO. 1,614.
Weak ending May 33.

£ I t e

C

h c o m

e l c .

Ckarinft at—

New Vorlc........
Terms of Subscription—Payable In A(1ranee:
P hiladelphia....
Pittsburg......... .
jp o rO n e Y e a r ........................................................................... . * 1 0 00
B
altim ore........
F o r S ix Mcmfchft. . . .
6 00
Buffalo...........
E u ro p ean S n b M rlp tto n ftnolafllng postage) —
12 00
W ashington....
E u r o p e a n S u b sc rip tio n S ix M o n th s iin c lu d ln g p o s ta g e )
7 00
R ochester........
,JS2 10s,
A n n u a l S a b a e r lp tf o o i n L o n d o n (InoladiiM f p o s ta g e )
Syracuse.........
ScnwtOO........
S tx M o l.
do.
do.
do.
.* 1 10*.
Wilmington......
T he ijrrBSTOKS’ S o r r a s s i r t will be fa rt) i t b e d w ithout extra charge Binghamton. ...
to eve ry a n n u a l tu lw e rtb e r o f th e C o m tu m th L a s o F w a s o ia l
Total Middle.
Ctrs o s ic L e .
T h e S t a t s ak» C r t r S o e fi.s s K .s r w ill also be fu ra ttlie d w ithout Boston..,.. ......
Providence*.....
extra charge to ev ery tn b a o rtb e r of th e O m toxtci.e.
The Stu b b t R a il w a y S c w l s s k s t will likew ise be fu rn u tiw l with- H a rtfo rd ........
New II»you,.,...
o u t extra charge, to ev e ry ealMusiiber of th e Ch s o s i ' Lk.
...,
Tbe Q oo ta tio * 6 c i >m ,« w8S t , lie a e d m onthly, will also tie fu rn ish ed Springfield,.
woreeeter. **.»•*'
w ithout extra charge, to ev ery s u b - finer of th e < HKOMCI.K.
Portland...... .
Fall R iv er,.,....
T e r m * o f A d v e r t i s i n g —( P e r i n c h H p a c e h
Lowell.......
New
..
O ne tim e ....... .......................
*3
9 0 1T h re e M o n th * (13 tim e s )..
$26Bedford.
00
O ne M onth
titlm e * ) - .
11 00 Six M onths
(26 “
13 00 Total New Kng...
Tw o Month*
(8 " ) .
18 00 I Tw elve Month* fS2 •'
58 00
Chicago....... .
(The a b o v e te rm * f o r o n e m o n th a n d u p w a rd a r e f o r s t a n d i n g c ard*.) Cincinnati....
D etro it.........
L o n d o n A g e n ts :
Cleveland..
M essrs. E o w a s o s * S K im , X D ra p e rs' G arden*, E, C „ will ta k e nub Milwaukee..,.
o r lp tlo n * a n d a d v e rtise m e n ts , an d su p p ly sin g le oop!e*of th e p a p e r Columbus ....
lad! ana polls .
a t i s , each .
Peoria..........
W I L L I A M B , D A M * C O n i M M V , P u b lla L e r* .
Grand Rapids .
Lexington.
B 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,
Ka’m maioQ.... .
Akron.
P ost o w e s B o * 9 5 8 ,
s u i t Y o r k . Bar City..,.

1896.

igpti

1894.

1893.

-11*7
+4*1
4-11*9
+13*3
•H 7

461.423,156
51,438,045
13,351,026
13,112,374
3.320.881

730,882
342.0*i0

4S3

8*8, $70*838 712,655,410

-9
-0*8

1,110,713
813/275
682,757
774.rfl5
33+2QQ
551,203.186

553,407,114
09,231,423
14,087,080
18,714,495
3.702,728
2,108,. 223
1,448,071
1,031,700

535,867,640
69,835,6817,117,109
14,196 2Vi
4817,079
|# 4 8 .4 6 3

1,411*755
1,081-005
820,098
72J.350
3 H 500

1895.

LS6H.41?
1,* 07,977
757,333

p . O fnr

—1*2
4-3*0
-7*8

1,515,625

864,289
292,700
800.038,424

Ul

74,028.216
4.020,100
1 5*5.717
1.263,846
1,171,113
1,17+067
1,003,130

890,314
104.171,620

-4 2
4-27*8
-0*6

489.328
320,029
85.648.005

673.460
378,274
101,100,287

09,502.055
13,024,460

4-12*9
+11-9

4,270,681

—3*7

78,576,680
U,? 00.450
4,. 05 876
3,390 »1T
3.607 700
1,03«.0i8

87,470,28*
12,036.680
6,176*601
5,430,784
5.960,214
3,132,400

w28", 163

1.022,383
270,279

00,551,379
4,9K.:..V"0
1,968,2 J3
1,328,096
3,415.791
1,235,668

-8 0

+7*2
ffl

' ■ «
dr.O.iOj

+20-9

6,859 550

-4y-i
+10 5

.

1.252 BM
1*060, (WO

- .< :

265,9-2
27*4550
260.563
332,000
274271
153,572
205,218

—12*4
-10*7
+ 16*7
+24*1
-19*1
—24*3
—24*7
+30 1

630.29a

l i f e

-8*8

253.557
152.640
267,041
17+752
185,564
140,304

137,448,787

-«*fi

110,950,205

126,165,826

10,880.251
San rraaetteo..
1.023,922
Salt L ike CUy......
1,184.634
P ortland... . . . . . —
1,090,218
Lot Angel©*..........
662,841
Helena............
553.311
T acom a...,,.,,. .
460.000
S eattle............
IU9.2;fl
S p o k an e..,......
120.625
Fargo---- .......
61,614
Wmk Ending M m .W
*
Cl »* at.vou.
Slonx Falla......
15,890,037
Total
Pacific...
fltturm by Telegraph.
mm.
Percent10,242,428
Kansas C ity..,..
Maw Y ork ................
8.957,375
A iis.ni, ioi
♦ 3 8 2 ,9 0 1 ,9 0 9
+0 5 M inneapolis..,..
3.300,552
o » t« n .............. . . .
0 0 ,9 87,940
+14*8 Omaha........
7 0 .0 0 7 ,6 * 1
BU
P
au
l..*
,,,..,.
p a lla d slp h i* ------„
51,005,77*
+21'9 Denver.
4 1 ,9 0 0 .9 2 2
!1.262,088
:M
B a ltim o re ------. . . .
+10*0 St, Joseph
11,190,83*
9.9 1 2 ,5 0 2
1,035,186
Dea
Moines..
'ttlo a g o ....................
+9'5
12,881,480
88,354.588
471,081
Slonx City...
223,120
t L o o k .............. .
14,932.248
-1 5 * 9 LI nerd n .,
17.702.460
451.873
S « * O rleans........
5,081,81*
-7 * 7 wiehibt..
*,483,713
485.716
Topeka...
Fremont.,
B erea « tie» , 5 d a y s ...
(M 4i.3T4.S31
+ 101
4588.3*4.107
8®
Hastings..
Other oUl««. 5 d ay s..........
137.850,331
+20*1
KNJ,+»7,234
33.629,009
Tot. other West.
T o ta l o il c itie s. S d a y * ....
* 7 7 3 ,324.653
+ i i - 0 St. L o u it......
M M l.3 0 l.3 8 l
A U oltle*. 1 d » y . .. ..................
—89*1 New Orleans..
21,078,293
193.090.4 U
L ouisville,...,..,...
Total all cist** for week
fS 8 8.S 50.S 02
-1 0 * 4 Galveston,... ......
* 1 9 4 ,4 0 0 ,8 4 5
Houston
Savannah.... .
T h e f u ll d e t a ils o f c le a r in g s fo r t h e w e e k c o v e r e d b y t h e Richmond....
em phis.......
a b o v e s t a t e m e n t w ill b e g i v e n n e x t S a tu r d a y . W e c a n n o t , M
A tlanta,.......... ....
o f c o u r se , fu r n is h th e m to -d a y , b a n k c le a r in g s b e in g m a d e Dallas..
Nashville*.
u p b y th e v a r io u s c le a r in g h o u s e s a t rioon o n S a t u r d a y , a n d Norfolk...,
, .........
h e n c e in t h e a b o v e t h e la s t t w e n t y - f o u r h o u rs o f t h e w e e k Waco ...... . . . . . . .
Fort W o rth ...,,....
h a v e to b e m a ll c a s e s e s t im a te d , a s w e g o to p ress F r id a y n ig h t. Augusta.......
O u r u s u a l d e t a ile d fig u r e s fo r t h e p r e v io u s w e e k , c o v e r in g Birmingham......
Little R ock......
t h e r e t u r n s fo r t h e p erio d e n d in g w i t h S a t u r d a y n o o n , M ay Jacksonville..,.
23, a re g i v e n b e lo w , a n d w e a ls o p r e s e n t t h e r e s u lts for t h e Chattanooga ...
c o r r e s p o n d in g w e e k in 1895, 1994 a n d 1893. In c o m p a r iso n Knoxville* .....
53,687,845
49,568,024
Total Southern..
w ith t h e p r e c e d in g w e e k t h e r e is a lo s s i n t h e a g g r e g a t e
978,807.311 1,057.680,112
Total all.
e x c h a n g e s o f a b o u t f o r t y a n d a -q u a r te r m illio n d o lla rs,
Outside N. York. 437,980,67*1 "45MjT8,i39
b u t _a t N e w Y o rk a lo n e t h e d e c r e a s e ia t w e n t y - s e v e n
m illio n s . C o n tr a s te d w it h t h e w e e k o f 1395 t h e t o t a l fo r t h e
w h o le c o u n t r y s h o w s a d e c lin e o f 7*9 p er c e n t .
C o m p a red
11,274,036
10,090.877
M o n t r e a l.,...,...,
w it h t h e w e e k o f 1894 t h e c u r r e n t r e tu r n s r e c o r d a g a in o f T o ro n to ...........
4,965,22?
0.294,076:
1,045 06 C
18*3_per c e n t a n d th e lo s s fr o m 1993 is *3*2 p e r c e n t .
O u tsid e H alifax...............
«
895,193
Winnipeg.. ......
o f N e w Y o r k th e d e c r e a se fr o m 1993 is 2*9 per c e n t . T h e e x c e s s H am ilton.........
068.301!
480,894
18,577+12
Total *%%«ada. .
o v e r 1891 r e a c h e s 16 4 p er c u n t , b u t m a k in g c o m p a r is o n w i t h
1893 t h e logs is s e e n t o b e t *9 p e r c e n t .
Not included in totals.

4-33*4
4-24*6

10,060,761
828,537
1.003,411
055,2-5
545,244
505,707
426,893
312.032
94,7*0
120.489

12,139,110
1.400,000
1,587.302
927,948
808.379
950,000
980,400
839,852

15,598,900

'I tW 3 9 5

8,687,151
6,155,805
4 923 067
4.178,100
2,094.870
L6O0.878
999,487
605 813
465 048
317.204
486.762
100,000
95,000
30,290,801

10,494,650

C L E A R IN G H O U S E R E T U R N S .
T h e f o llo w in g t a b le , m v l e tin b y t e le g r a p h , e t c ., in d ic a t e s
t h a t t h e t o t a l battle c le a r ! n g a q f a ll t h e c le a r in g h o u s e s o f t h e
U n it e d S t a t e s fo r t h e w e e k e n d in g t o - d a y , M ay 30, h a r e b een
* T 9 U ‘)0.H4-». a g a in s t 3073,907,211 la s t w e e k a n d W , 850,802 t h e c o r r e s p o n d in g w e e k o f la s t y e a r . D e c o r a tio n d a y
o c c u r r e d in t h e w e e k b o th t h i s y e a r a n d la s t.

Canton.
Toledo*
Dayton*
Tot. Mid. W est’ll*

-28-2

—3*3
-20*3

-12*2

+51*7
+36 0

4*38*6
+62*7

4 SS
-H66
—0'7

—14*1

—12*4
—3*1
- 9 ‘0

19,698,991
5.946,004
5.009,880
1,164.297
l.l u 1,524
a.074 445
2,054.570
2,340,646
781,018
1,006,000
791.674

» o

555,010

227.753
147,546

129,901

6,316,*005
4,600.062
4.949,080

7S9,__

S?:lol
555,272
f c

80,00*0
37,399,209
21,231,851
8.200,058
5.958.812
2.068.130
2,203,350
1,197,291
1.880.130
1,017,851
890,110
525,543
544,452

335.089

513,670

264,917

430,000
881,788

175,000

43,709,307 "t(W ^245
837.509,902
‘2 9
—5*1
+<7*0

+1**4
-0*0

4-39*0
-5*61

095,928,369

370.036,140 "44042+262

889.0I9
881,145
523,913
14,330110

10,570,400
f ,070,825
1,322,809
087,208
17,059.825

966

1HE CHRONICLE.

[V ol . LXI1.

stop the flow of currency to New York from Cnicago,
THE FIN AN CIAL SITUATION.
St. Louis and other Western cities, and lead to such
If our disturbed finances were not such a depressing large re-discounts here as to make a considerable out­
influence, the action by Judge Wheeler of the United flow not unlikely. A reason given for this belief is that
States Circuit Court, in dismissing the Government the destruction of property has been great and the in ­
bill and denyiag the injunction asked for against the terference with trade in St. Louis so important that
railroads forming the Joint Traffic Association, would many merchants must be in need of immediate finan­
have been sufficient to have given a deeided impulse to cial relief and accommodation in the way of credits,
Wall Street operations. Of course the present deter­ which cannot be withheld. This view proceeds on the
mination is not final, but as the Court upholds the idea that the current accounts of the disaster are sub­
agreement, and in that accords with the general expec­ stantially correct and that trade at St. Louis is to go
tation and desire, the event is highly encouraging to on in a paralyzed sort of way for months. We do not
security holders and to all who know enough to see think that is the St. Louis method of recuperation. Very
how far railroad prosperity goes towards making gen­ likely the demand for money from that section will be
eral prosperity. It will be remembered, that this increased, but it will not be because trade is paralyzed
proceeding was taken at the request of the Inter-State from the disaster but because the work of restoration
Commerce Commission, and the charge was that the and renewal is large. That this will be sufficient to
agreement entered into by and betwe»n companies was relieve our congested market is quite another affair.
intended to and would (if operated according to its So long as general business is restricted within the
terms) pool all competitive traffic within the territory narrow limits now observed there is little hope of
the roads drained; that consequently it was in violation activity in money. We observe that last week’s bank
of the Inter State Commerce Act and of the provisions statement showed reduction of $3,058,000 in loans.
of the Anti-Trust Act of July 2 1890. In dismissing This is notable from the fact that it came after an
the bill and denying the application for an injunction almost uninterrupted weekly increase in this item,
the Court has negatived these charges. The truth is, beginning with the week ending February 8 (the only
the agreement, while keeping rates permanent and previous reported decrease in the interval being $2,529,thereby preventing ruinous rate wars, makes the Asso­ 900 for the week ending March 28) and has now been
ciation a most powerful assistant in helping the Com­ followed by an increase again the present week of $1,missioners execute the Inter State law. Tor if the 756,000, the weekly bank statement having been issued
object of the roads is attained, cuts, rebates and other yesterday afternoon, as to-day is a holiday. Of course a
devices by which concessions are accorded to favored considerable part of the total gain of $29,315,700 in
shippers are put an end to ; thus the law’s chief aim is loans, comparing the amount February 1 with that on
secured, for under the agreement rates are always kept May 16, was due to increases during the early weeks
uniform and every shipper is treated alike.
on account of the bond issue, but the increases lat­
The great loss of life and property by the frightful terly, it is believed, are to be accounted for by the
tornado Wednesday night at St. Louis, and the tem­ better demand by the banks for commercial paper,
porary check to the ordinary run of business at that which has been the feature of the money market
important and highly prosperous industrial center, not during the past six weeks or more. As the banks have
only has excited the sympathy of the country but is a now obtained pretty full lines, they have stopped buying
calamity more or less intimately connected with busi­ any except very choice names, and this fact, together
ness affairs everywhere in the East as well as in the with the extreme dulness in stock operations, probably
West and South. Chicago and St. Louis are very accounted for the decrease in loans last week.
closely connected, and the losses may fall heavily on
We continue to get letters from the South protesting
that city. But it is by no means clear what harm to against what is considered the too general character of
material interests has been do ne in S t. Louis. Wall S treet our remarks two weeks ago with reference to the silver
on Thursday was inclined to take an extremely unhope­ sentiment in those States. It certainly seems as if the
ful view of the situation. The prospect is that when banking and business classes were alive to the danger
the debris has been cleared away (and no city can do the country is in or at least were beginning to appre­
it quicker thau St. Louis will) the actual loss will be ciate it. Evidences of this are multiplying. We have
found to be less than now appears probable, and the in ­ not yet referred to the action of the Charleston Cham­
terference to trade much more temporary. The rumors ber of Commerce, which was quite significant. The
with regard to the Eads Bridge may be taken as an illus members of the Chamber are evidently what might be
tration of the situation. At first the telegraph led one called friends of silver, for in their resolutions
to believe that it had been almost destroyed ; later ac­ they declare that they recognize “ the advantages
counts were less disturbing but still represented the that would accrue by the restoration of silver as a basis
harm done to have been of a grave and serious char­ for banking;” nevertheless they say it is plain that
acter ; yesterday, in reply to an inquiry made by us such a restoration can only be accomplished by inter­
respecting the status, we learned through a telegram national agreement, and until such an agreement is
that traffic had been resumed, though trains were de­ made the Chamber “ is opposed to any movement on
layed somewhat. The public may with profit remember the part of this country alone toward the free coinage
this experience. It is well enough to add that even were of silver.” Furthermore, they declare themselves “ in
the traffic over the Eids Bridge to be wholly arrested favor of maintaining the present sound standard of cur­
for a considerable time, the Merchants’ Bridge, now rency and exchange, which is the only one recognized
controlled by the same company, and the ferry like­ by the great commercial countries of Europe, and
wise could be utilized, so that no great inconvenience which alone can restore confidence to business and
in transferring the vast tonnage the Eads Bridge now preserve the interests of all classes of the people.”
carries would be likely to last long.
Hardly less significant is the stand oa the money
It is believed to be possible that this disaster may question taken at the Convention of the State Bank­
affect our money market. The thought is that it will ers’ Association in Georgia and likewise at that in

Ma y 80, 1898.]

THE CHRONICLE

967

Texas. In both those States there is a strong current on tbe Eastern lines directly operated, and $228,085
of free silver sentim ent, which has extended in some increase in gross and $27,730 decrease in net on the
cases even to the banking interest. At the Texas Western lines directly operated— of course after very
Convention the question appears to have excited a good heavy losses in the year preceding. The following
deal of discussion. The Special Committee on the gives the gross and net earnings for six years of th e
Currency Question had reported in favor of the fol­ lines directly operated east of P ittsburg—the only
lowing as the basis on which any sound financial part of the system for which we can m ike such a com ­
system must be constructed: (1) The redemption and parison.
retirem ent of all Government notes a id obligations
L in k s k a s t o r
1806.
1S95. 1 189*. i 1893.
1892.
1891.
issued to circulate as money ; (2) the establishm ent
P it t s d u r o .
of a system of banking by which the place of the
AprU .
$
1
1 ^
$
1
*
ss ea rn in g s ....... 6,132,372 5,905,4731 *,734*016 5.895,492 5,746,730 5.379,003
retired currency may be supplied, and with Jro
I p e r a t’g e x p e n ses. 3,795.164 3.091,004] 3,306,187 4,199,381 4,003,608 3,770,469
capacity to increase the circulation so as to meet the
N et e a rn in g s ... 1,336,80s 1.511.1<vJ 1,397,8-19 1,6##,111 1,738,122 1,608,534
needs of our expanding commerce and growing popu­ J a n . 1 to A pr. 30.
ea rn in g s ....... 30.026,109 19.436 909 17,838,52* S2.0U ,688 21,423,372 20,649,50
lation; (3) leave the coinage acts as they now are, OAroes
p erat g e x p e n ses. 14,929,8'll 14,281,581 13,043,722 10,836.794 15.394,492 14,717,357
with gold as the standard of value, and silver to be
N et e a rn in g s ... 5.096.328 5,155,3’8 ! 4.794.P06 5,204.874 6,02*,S80 5.932,147
coined as needed by the Treasury. To this report an
Among other roads which have this week furnished
am endm ent was offered in the nature of a substi­
exhibits for April, there are also quite a few th at are
tute declaring in favor of the use of both gold
obliged to report losses, either in gross or in net, or in
and silver. The discussions on the amendment
both combined. Thus the Cleveland Cincinnati Chi­
extended over two days, but when the substitute
cago & St. Louis has fallen $67,974 behind in gross
was finally p u t to a vote it was found to have
and $40,904 in net, and the Peoria & Eastern likewise hae
the support of only two members, a n l the Com­
a loss in both gross and net. The Wabash has $18,982
m ittee’s report was adopted without change. The
increase in gross and $800 increase in net, the E rie
resolutions at the Georgia B inkers’ Convention were
$125,770 increase in gross, $19,488 increase in net. The
more in the nature of an argum ont to show the reason
anthracite coal roads have nearly all done poorly, though
for the position of the banks and to explain the relations
this is partly to be ascribed no doubt to the policy of
existing between them and the people. T he tone of the
restriction pursued. The Central of New Jersey has
resolutions was such as to appeal strongly to all u n ­
lost $71,594 in gross and $93,834 in net, and
prejudiced minds, and the argum ent clear and
the Reading has $57,522 decrease in gross and
convincing. Evidently the adherents of an honest
$53,864 decrease in net on the Railroad Com­
dollar and of sound financial methods are showing
pany and $269,192 decrease io gross and $27,612
increasing activity in the South, and it is to be hoped
decrease in net on the Coal & Iron Company. T be
th a t they will be able to make their influence felt with
New York Ontario & Western has $5,558 increase in
the politicians and at the political conventions.
gross and $3,256 decrease in net. Among the roads
Returns of railway earnings continue to reflect the
west of Chicago the Milwaukee & St. Paul again has a
quietude of trade arising out of the political uncer­
very good statem ent on the large movement of spring
tainties regarding this question of monetary standards.
wheat, and reports $312,407 increase in gross and
For the 3d week of May we have reports from 05 com­
$40,409 increase in n e t ; but the Burlington & Quincy,
panies, and these show in the aggregate only 1104,091
on account of the slow movement of corn and the un­
gain, or 3*00 per cent. Moreover, if three roads
satisfactory condition of trada, has only $34,249 in ­
(namely the Norfolk & Western, and the Northern
crease in gross, with $29,503 decrease in net. The
Pacific and Canadian Pacific, the first mentioned com­
Canadian Pacific has $210,285 gain in gross, $39,584
paring with the period of its coal strike last year) were
gain in n e t ; the AtchisoD $127,121 loss in gross, $174,omitted from the list, there would be no gain
489 gain in net. Among the S m th eru roads the
a t all, bnt a loss of $40,497. The statem ent
Southern Railway has $10,647 decrease in gross, $39,of the Pennsylvania Railroad for the month of
352 increa-e in net ; the Chesapeake & Ohio $79,881
April, issued this week, reflects the same condition
increase in gross, $52,498 increase in net; and the
of things. O a the lines directly operated east of P itts­
Mobile & Ohio $7,865 increase in gross, $7,557 in burg and Erie gross earnings actually show a dicrease
crejse in net. The following compares the April gross
of $73,200 as compared with the same month last year,
and ne: of a num ber of roads for four years.
and this decrease is increased to $80,200 when the re­
-------- A pril E a rn in g *.—
1894.
1H96
1893.
18»a.
sults for all the lines east of Pittsburg are considered.
Vam# o f R oad—
$
$
1
$
204.955
19 «.I34
170.260
230.622
These E x te rn lines may be presumed to indicate the_ A lleg h en y V alley ................ N et
69.381
89,976
64.183
89.119
2.330.391
2,393.776
state of m anof icturing activity in the territory tribu A tch iso n T op. A S a n ta F c. .GNroetss 2.203.270
558.341
383.832
390,769
244,775
216,291
883,869
321.685
tary to the system. The lines west of P ittsburg and O aflalo Root). A P itt* ........
82.382
68,332
N et
98.563
116,078
1,245,621
Erie, on account of the large grain movement resulting C an ad ian P acific...................
1,301,471
1.468.906
1.599,214
491.330
4 ‘>1.646
804,600
N et
575,214
from last season’s crops, make a somewhat better show­ C en tra) o f New J e r s e y . .. . .G ro ss 917.807 1,019.401
912,382
i , 184,473
401.940
205.894
N et
427,826
ing. But even here, while there is an increase it is C h esap e ak e A O h io .............
099.203
741,328
874,2 -u
861,024
200.935
201,047
251,896
253,431
N et
not large—$188,100 on the lines directly operated and C hicago B url. A Q u in cy * ... .G ross 2,511.758 2,477.509 2.624;579 3.200.982
779.174
808,677
867.931
842.176
N et
$185,300 when all the Western lines are combined. Io C hicago MU. A S t. P au l . . . .G ross 2,366,59' *. *1.183 2,257,214 2.768.687
709.420
735.788
800.463
the net there is a loss of $174,800 on the E«ster i lines C leveland C an to n A S o u th .GNroetss 776.197
40.556
6 0 /2 1
63 261
1,013
19.861
12,679
et
directly operated and $220,600 on the Eastern C le r. Cln. C h. A 9 t. L o u is.. .GNross
1,004 223
1,0.1*4.108
1,104.082
1,108,971
247,315
282.511
265,875
N et
241.6H6
lines as a whole.
On the
Westera system
149,4 41
115.455
138,489
P e o ria A E a s te r n ..............
116.105
1,724
21,649
39,055
16,666
N et
the compaoy has succeeded in reducing ex­
29.550
32 761
60.488
67.085
J a o k . T a m p a A Key W e st.. .G ro ss
6.919
21.362
19,091
2.779
N et
penses, and hence ha3 $210,200 increase in
28 *.563
261.285
291.121
285,821
N. T . O nL A W e s t e r n ......... .G ro ss
49,152
75.261
78 617
59,236
N et
net on the lines directly operated and $226,000 on all
173.600
170,012
M
7£20
lines.
Last year in April the return had shown N. T . H m q. A W e s te rn ........ .GNroetss 78,245
48,023
48.«37
510.602
567.140
414.078
$441,456 increase in gross and $113,579 increase in net N o rth e rn C e n t r a l . . . . . . . . . . . .GNroetss 493.819
138,210
119.239
172.38 '
126.766

4

THE CHRONICLE.

W8
1810.
s

flame of Road—
Ph iladelp h ia & R eading
Coal & Iron Co..............
S o u th e rn R ailw ay .........

001,799
1.4)3.963
N et d ef. 19^,094
1,393.097
323,525
N et
160,083
N et d e f. 21,170
979,106
213,885
N ot

N ot

----- A p r il E a rn in g s.------—
1893.
1894.
1S95.
$
*
$
1,889.975
1.475,253
1,619.031
742.644
591,821
715,683
1,433.781
1.428.055
1.673.155
07.232
d e f.l7 l,0 h l d ef.50.840
1,459,056
1.403.744
1,968.493
216,822
268,887
284,173
202,114
169.365
144.584
10,243
51,285
787
098.106
873.481
060,124
137,436.
135,119
213,085

►Inclu d es Chicago B urlington & N orthern for all th e years.

Money on call representing bankers’ balances has this
■week loaned at 1 | and t per cent at the Stock Exchange,
with the balk of the business at 2 per cent, the average
being a small fraction below that figure. The lower
rate is the result in part of the accumulation of funds
at this centre in excess of the drain from exports of
gold to Europe, and in part also to the partial stag­
nation in the stock market. If there should be a total
interruption to the movement of currency from Chi­
cago and St. Louis now, for reasons assigned above,
somewhat dearer rates for call money might follow.
Banks and trust companies quote 2 per cent as the min­
imum. Time contracts are in light demand and a re­
duction in rates was made in the hope of increasing the
inquiry, but it is still confined to long dates. Quota
tions are 2^per cent for thirty to sixty days, 3 percent
for ninety days to four months, 3^ per cent for five to
six and 4@4£ per cent for seven to eight months on
good Stock Exchange collateral. There continues to be
a good demand for re-discounting of paper from South
ern banks and also a steady inquiry for discounts over
the counter, which has kept many of the large banks
out of the market as buyers of paper. The demand is
good, though not general, for the best names, and the
supply is only fair. Rates are 4@ 4| per cent for sixty
to ninety day endorsed bills receivable, 4 I @ I | per cent
for four months’ commission house and first-class
single names, 4£@5 per cent for prime and 5^@6 per
cent for good four to six months’ single names. The
depositary banks this week transferred $2,000,000 of
the moneys still held on bond, account to the SubTreasury.
There have been no features of interest in the Euro
pean financial situation this week, and the principal event
has been the Coronation of the Czar on the 26 th inst.
The Bank of England minimum rate of discount re­
mains unchanged at 2 per cent. The cable reports dis
counts of sixty to ninety day bank bills in London
13-16 of 1 per cent. The open market rate at Paris is
I f per cent and at Berlin and Frankfort it is 2£ per
cent. According to our special cable from London the
Bank of England lost £41,219 bullion during the week
and held at the close of the week £47,225,543. Our
correspondent further advises us that the loss was due
to shipments of £238,000 net to the interior of G-reat
Britain and to an import of £197,000, of which £151,000 was from Australia, £25,000 bought in the open
market, £13,000 from the United States and £8,000
from the Continent.
The feature of the foreign exchange market this
week has been its remarkable steadiness, there having
been not the least change reported in the posted rates
for sterling or in those for actual business in pounds or
in Continental exchange, though there were offerings
of steiling drafts covering an export of nearly $3,000,000 of gold early in the week, and on Thursday bankers
began to sell bills against gold shipments arranged for
Saturday. Bankers cannot account for the absence
from the market of bills against recently reported sales
of securities in Europe except upon the theory

[VOL. LXXI.

that the bankers who have negotiated the securities
have dealt directly with remitters requiring exchange
instead of offering their bills upon the market. The
business has been very dull, some bankers reporting
nothing of consequence doing, and the market has
been almost bare of commercial drafts, which are held
at high prices. The Treasury officials and the Mint
Director have this week been considering the propriety
of reducing the premium on gold bars so as to induce
shippers to take these instead of gold coin, the reason
assigned being that if bars are taken it will save th e
expense of transporting coin from the mints to th e
Sub-Treasury. It was understood on Thursday that
the price of bars would be reduced to l-10th of 1
per cent premium, from 3 16 of 1 per cent, and that
this would be satisfactory to the foreign bankers.
Yesterday the announcement came that it had been
decided to make the price one-eighth of one per cent.
The market opened on Monday unchanged as to
nominal rates, but for actual business there was
a reduction of one-quarter of a cent, to 4 87|@
4 87f for sixty-day, 4 884@4 88f for sight and
4 88f@4 89 for cable transfers.
There were bills
offered during the day against $1,150,000 gold engaged
for shipment on the following day by L. von Hoffmann
& Co. and $400,000 by Ileidelbach, Ickelheimer & Co.,
but there was no perceptible change in the tone of
the market then or on Tuesday. On Wednesday
Heidelbach, Ickelheimer & Co. engaged $900,000 and
L. von Hoffmann & Co. $350,000 for shipment on
Thursday, and still there was no change in the tone.
On Friday L. von Hoffmann engaged $1,100,000 gold
coin for shipment to-day and Lazard Freres $700,000
gold bars, making $4,600,000 gold exported for the
week, and the tone was a little easier. The Bank of
Commerce on Thursday shipped $300,000 gold to
Canada. The following table shows the daily posted
rates for exchange by some of the leading drawers.
D A IL Y P O S T E D H A TES F O R F O R E IG N E X C H A N G E .

F r i .,

M o n ..

T u b s .,

W e d .,

THTTR-.

88
89*
88*
89*
88*
89*
88) 4
89) 4
88*
89*
89*
89*
88*
89*
88*
90

88
89*
88*
89*
88) 4
89) 4
88*
89*
88*
89*
88)4
89>4
89*
89*
88*
90

88
SD*
S3*
89*
88*
89*
88*
89*
88)4
89)4
88*
89*
88*
89*
88*
90

88
89*
88) 4
89) 4
88*
89*
88*
89*
88*
89*
88*
89*
88*
S9*
88*
90

83
89*
88) 4
89) 4
88) 4
89) 4
88)4
89)4
88*
89*
83*
89*
88*
89*
88*
90

F a r..

May 22. May 25.1 May 28. May 27. May 28. May 29.
days.
Brow n B ros........ 5\60
S igh t....
5 60 days.
Baring,
M agoun & Co.. 1 S ig h t....
Bank British
5 60 days.
N o. A m erica .. \S ig h t....
5 60 days.
B ank of
M o n trea l......... 1 S ig h t....
Canadian B ank <60 days.
o f C om m erce.. ( S ig h t....
H eid elb ach , Ick­ j 60 days.
elheim er & Co 1 S igh t—
60 d ays.
Lazard Freres.. 5\S
ig h t....
M erchants’ Bk. 5 60 days.
o f Canada...... < S ig h t....

88
89*
83*
89*
88*
89*
88) 4
89) 4
88) 489) 4
8S*
89*
88*
89*
88*
90

The market closed easier on Friday at 4 88@4 881
for sixty day and 4 894@4 90 for sight. Rates for
actual business were 4 87£@4 87f for long, 4 884@
4 88-f for short and 4 88|@ 4 89 for cable transfers.
Prime commercial bills were 4 87@4 8 7 i and docu­
mentary 4 86-J@4 86f.
The following statement gives the week’s movements
of money to and from the interior by the N- Y. banks.
Week Ending May 29,1896.
G old..........................................................
1 o ta l gold a n d leg al te n d e rs.......

Received by Shipped by Net Interior
fl. F . Banks. N . T. Banks•
Movement.
$6,157,000
734,000

$1,252,000 G aln.$4,905.000
544,000 G ain.
190,000

$6,£91,COO S i,796,000 G ain.$5,095,000

With the Sub-Treasury operations and gold exports
the result is as follows.
Week Ending May 29,1896.
| B an k s’ in te rio r m ovem ent,as above
8ub -T reas.o p er.an d gold e x p o r ts ...

Into
Banks.

Out of
Banks.

Net Change in
Bank Holdings.

16.891.000 $1,796,000 G ain.$5,095,000'
19.400.000 23,400,000 Loss. 4,000,000

T o tal gold an d le g a l te n d e rs ...... $26,291,000 $25,196,000 G aln.$l,096,000>

M ay 30, 1896.]

THE CHRONICLE.

969
j

Tae following table indicates the amouat of bullion plain enough that holders of one part of the outstand­
in the principal European banks this week and at the ing notes might choose to present them for redemption
promptly on January 1 1879, while holders of another
corresponding date la3t year.
lot
of them might choose to wait perhaps until 1890.
May SO, 1395.
* May 28,1396.
B ank of
In
either
case the law of 1875 explicitly authorized the
Total.
Gild. [ Silver.
Gold.
Silver,
lotah
Secretary
of the Treasury to “ prepare and provide,”
£
£
j
£
£
£
£
47,325.543 37.300,370
37,500,376 through bond issues, for the redemption required in
79,940,531 '53.003,377 130.034.403 82.039.000. 19.932.000132,071.000
German,* ... SO,SOO.GOO; 15,430,000 43.290.000 37.290,330 13.519,670 53.810.000 the act, and the authority necessarily continued so
27,371,000 12,815,000 40.136.000 19.151.000. 13.518.000 32.739.000
long a3 any notes remained outstanding.
Spain............. 8,4 00,000:10.780,000 19..188,000 8.901.000 1*2,470,000 80.471.000
Hath ©Hands. 2,036,000! 8,942,000 9.578.000 4.292.000 : 7,047,000 11.339.000
Waen, therefore, in 1878 Congress decided that
KaLBeJglam* 2,363,533' 1,33.1,667 3.095.000 2,938,009; 1,469.000 4,407,000
Government
notes redeemed or received from any
TotUM * w eek 199,102.407 SG ,3»jJiiIW ,«81,iJS l
101003W0 293,310.878
T o t.p re r. w 'k l» 7 ,a H .» 3 98.814.S?7 a>1.8att,17(» lat/VEWTUotOgSMUi 282,128,882 source after May 3L of that year “ shall not be
* Tiie div ision (betw een g eld a n d silver) given la e a r ta b le 01 coin retired, canceled or destroyed, but shall be re-is­
a n d bullio n in th e B ank of G erm any an d th e B ank of B elgium Is m ade
fro m th e b e s t e s tim a te w e a re ab le to o b ta in ; in n e ith e r case le it sued and p ail out again and kept in circula­
elaltned to b e a c c u ra te , a s th o se b an k s m ak e no d istin c tio n in th e ir tion/-’ it centinued by implication the discretionary
w eekly re tu rn s , m erely rep o rtin g th e to ta l gold a n d s a v e r, b a t we
bond-issue power of the Administration. To assume
believe th e divisio n w e m ake Is a otose a p p ro x im a tio n .
S o r e .—We receiv e th e foregoing re su lts w eekly by cab le, a n d while any other alternative would be to assume that specie
n o t all of th e d a te g iv en a t th e h e a d of th e colum n, they are th e r e ­ resumption had been deliberately repudiated and re ­
tu rn s issued n e a re s t to th a t d a te —th a t Is, th e latest reported figures.
pealed. Such a supposition had never entered any
legislator’s head. On the contrary, the continuing
T H E B U T L E R B O X D B IL L .
power of bond issues for redemption purposes in a real
l a January 1895, when the G svernment’s finances emergency was publicly asserted, without question, in the
were rapidly approaching a crisis, a well-known Eastern Congressional debates and by the Secretary of the Treas­
financier visited Washington to urge upon the Federal ury in his report to the House of Representatives in 3879
authorities the gravity of the situation. He was intro­ and 1880. It was formally declared as a legal power by
duced to a number of senators, to one of whom—the both majority and minority reports of the Judiciary
representative of a Western Slate on the banks of the Committee of the House of Representatives itself as
Mississippi—he remarked: “ If nothing is done to late as 1892, and it is bv no means an unwarranted
relieve the present situation the Government will within prediction to say that the United States Supreme Court,
two months be forced to suspend gold payments and if the question were to come before it, would establish
the country will go on to a silver basis,” To this the the legal power without hesitation. Indeed, Judge Cox,
silver senator retorted: “ That is exactly what we of the Supreme Court of the District of Columbia, at
want.” .Such a statement of deliberate policy is the Washington in January 1894 did affirm the authority
only conceivable explanation of the Butler Bond Sale of the Secretary to issue bonds under the 1875 law to
Bill, which the Senate has for a fortnight been discuss­ protect the reserve; the occasion was the first offering
ing and the passage of which by that branch of Con­ by the existing Administration, and the Court in deny­
ing the application for an injunction expressed itself
gress has frankly been conceded as probable.
Senator Batler’s proposed measure declares that the so decidedly and so promptly that no appeal was taken
President shall have no right to issue public bonds for from the decision and no member of the silver party
any purpose except with the consent of Congress. Saoh has since then had the courage to bring the question
a stipulation had it boen made for instance in the early before any court.
That the Secretary of the Treasury, in his four bond
decades of our Government would certainly have
seemed rational enough. But the character of a legis­ issues of 1894, of 1895 and of 1896, ha3 only carried
lative proposition may never be safely judged except in out the strict requirements of his duty, is clear from
view of the conditions and purposes under which it is this review. Ha had absolutely no alternative. The
introduced. Mr. Butler’s bill is not in a proper sense only question left to examine, therefore, is whether
new legislation ; it is repeal of an existing law. It re­ the result would have been better if he had been
mains therefore to ask what has happened under the restricted to bond issues subject to Congressional ap­
statute now governing the Treasury’s bond operations, proval. The answer to this question must be sought
and what might be expected after its repeal. We have in the history of the Fifty-third and Fifty-fourth con­
gone into the facts of this question many times before, gresses. Ac the close of 1893 the Treasury gold reserve
but the senatorial uprising against the law is proper against outstanding notes had fallen to 869,757,824
and the revenue deficit was extraordinarily heavy. In
occasion for a review of sueh history.
Tae act providing for the resumption of specie pay­ his report of 1S93 Secretary Carlisle appealed to Con­
ments on United States notes was adopted January 14 gress to authorize the issue of bonds on an economical
1875. After fixing the first of January 1879 as the basis for the purpose of making good the deficit. The
date for such resumption, the act concluded : “ And proposition wa3 treated with contem pt; bills intro­
to enable the Secretary of the Treasury to prepare and duced in Congress for the purpose were pigeon-holed
provide for the redemption in this act authorized or re­ and forgotten.
After two bond issues of $50,000,000 each, put out
quired, he is authorized to uss any surplus revenues,
from time to time, in the Treasury not otherwise ap in extreme emergency under the Treasury’s original
propriated, and to issue, sell and dispose of, at not les3 powers, Mr. Carlisle in the autumn of 1894 made a
than par in coin, either of the descriptions of bonds of second appeal to Congress for a modified right of issue.
the United S atea described in the Act of Congress ap­ This too was ignored until another crisis in the currency
had followed. In the second week of February 1895
proved July 14 1870.”
There has never been any serious question as to the the Treasury gold reserve had so far crumbled that
meaning of this act. At the time of its approval no there was no longer gold coin enough or hand to cover
clear statement had been made as to whether the notes outstanding gold certificates. The New York Assistant
redeems! would or woull not be canceled. Bat It was Treasurer notified the Department that with existing

o

TH E

C H R O N IC L E .

fv o i,. u a i .

coin supplies it m ight be impossible to continue note have a simple means of doing it. L et them revise tbe
redemption more than one day longer. I a the House awkward and disastrous monetary system which forces
of Representatives Mr. Springer and Mr. Reed intro­ the Treasury authorities in a crisis to resort to meas­
duced two measures, adapted respectively to thorough­ ures which nothing else save war could justify.
going and to ultra-conservative supporters of a sound
Federal currency. A fter an acrimonious debate, Mr.
EASTERN MANAGEMENT OF WESTERN
Reed’s substitute bond-issue measure was defeated by
ROADS.
the decisive vote of 187 to 109, and Mr. Springer’s
Dr. William Taussig, formerly President of the Ter­
measure by a vote of 162 to 135. N ot one intelligent
scheme of Congressional co-operation in the policy of minal Railroad Association of St. Louis, a few weeks
sustaining the reserve was so much as suggested by the ago read a very interesting and instructive paper, en­
opposition. Speech’s against the two measures were titled, “ Some Aspects of Foreign Railway Manage­
made up almost wholly of furious demands to “ drive m ent and Their Lessons,” before the Commercial Club
out the money changers,” and declarations th a t the of St. Louis, and the paper has now been printed in
“ men in charge of the Treasury do not know their pam phlet form by order of the club. Dr. Taussig has
business.” The purpose of a m ajority of Congress made a study of some of the methods of foreign rail­
February 7 1895 was as plain as the purpose of the way management, and tbe object of his paper is toSenator whose retort was quoted at the beginning of show how far these methods may with advantage be
employed and adopted in the government of our own
this article.
The famous “ syndicate contract ” of February 8—a roads. As he is a man of much practical experience
measure absolutely forced on the A dm inistration by and a very careful observer and close student, his pro­
impending repudiation—was the result. Before the duction, as m ight be expected, is one of considerable
signing of the contract the A dm inistration subm itted m erit.
In undertaking to indicate what we may learn from
to Congress a fourth and last alternative ; the au th o r­
ization of a gold bond, which could be floated for 3 per European railroad management, the writer is greatly
cent at par,-a rate saving $16,000,000 to the G overn, aided by his thorough knowledge and understanding of
ment as compared with the issue already authorized. the weak points in our own system. H e sees clearly,
On February 15 the House rejected this bill too by a for instance, that the rate-cutting evil, which is the
bane of American railroad m anagem ent, is at once a se­
vote of 167 to 120.
We have reviewed in detail this already fam iliar rious defect and a discredit to us. W hile we may say with
episode, because it provides conclusive proof th at pro­ pride, he points out, th a t many of our mechanical and
tection of the Treasury left subject to the chance technical methods in the construction of rolling stock,
approval of the Congressmen can no longer be relied bridges, signals and other devices have teen adopted in
upon. These three votes in the 53d Congress were almost all European countries, “ we may say with much
votes for repudiation as distinctly as if the word had shame and disappointm ent th at the barbarous practices
been inserted in the title of a bill. The repudiation of unlicensed competition which lead to the seemingly
motive in the pending B utler bill its authors and never-ending conflict between the States, the General
defenders hardly have the grace even to disguise.
I t Government, the people and the owners of railroad
is not strange, in view of such a record, th a t so property, under which the proverbial ‘ cutting of each
em inent a Democrat as Senator Gray should last week other’s th ro a t’ is a legitim ate practice with railway
have pronounced the bond discussion “ a crisis in the officers, and which is a thing of the past in Europe^
history of the country and in the history of the are still prevailing, and th at we have so far copied very
Senate,” and th at so em inent a Republican as little from the general foreign methods, which are
Senator Sherman should thank God th at we have a built upon foundations of sound common sense and
well considered statesm anship.”
President who will veto such legislation.
B ut our critic is also of the opinion th at one of the
The bill of course will fail. If it passes the Senate,
with th at Chamber’s preponderance of members from greatest difficulties U nited States railroads have to
frontier States in the infancy of commercial intelli­ contend against is th a t those controlling the properties
gence, it will certainly fail before the House, where live in a different part of the country from where the
the people are heard in virtue of their population and roads are—the ownership is in the East, the roads them ­
industrial progress. If it be argued th a t irrespective selves in the West or South. F urtherm ore, he th in k s
of the recent discreditable record of our Congress the th at the directors do not have or take a close enough
bond issue power reposed in an Executive is anomalous interest in the affairs of the properties to produce th e
or unrepublican, the answer is th a t m aking a Sec­ best results. On the other hand, one of the most dis­
retary of the Treasury the head of a complicated tinctive features in the management of English rail­
banking bureau is equally anomalous. T he nation ways, he observes, is the large p art which their direc­
which insists upon forcing on its administrative officers tors play in the adm inistration of affairs. “ No direc­
extraordinary duties m ust at the same time confer on tor there, as many of them are with us, is a mere figure­
them extraordinary powers. To this principle there is no head, neither expected to, nor capable of, intelligently
exception. Our very Constitution makes of the Presi­ passing judgm ent upon the affairs of the company.
dent a virtual dictator in time of war ; with equally W ith us, outside of the tru n k lines proper the direc­
inexorable logic the legislation of our time has made of tors are generally a thousand miles or more away from
the Secretary of the Treasury in years of currer cy disorder the property, and its m anaging officers, many, or all of
the possible dictator of the Federal credit. This is the them , engaged in private business, and never in close
precedent, not of our nation alone, but of every touch with the public, the adm inistration and the
country which has tried our perilous currency operating departm ent.”
In nearly all instances, Dr. Taussig says, the country
experiment. If the people of the United States are
anxious, as they very properly may be, to keep in their through which the lines run, the cities where the r a il­
own hands the use of the credit of the nation, they ways center, and the people and m erchants who a re

Ma t 30, 1896.]

TH E

C H K ON ICLE.

their patrons, have not the slightest interest in the
capital invested. As a result the directors have no
concern in the advance of local interests except in so
far as snch may contribute to increase the earnings,
and the people, the towns and the country on the line
have no interest in the profitableness of the roads.
Hence the prejudices, the conflicts and adverse legis­
lation. In illustration, the doctor points to the situa­
tion in St. Louis: ‘‘ There are twenty-two railroads
centering here, and yet there is not one of which the
directory and chief executive is located in this city,
not one which has a direct interest in St. Louis other
than to make the most it can out of it. * * They
are represented here by excellent managers, hut these,
outside of the operating departm ents, are never per­
m itted to take an individual stand, but must always
knock at the door of the New York or Boston offices
before they can determ ine upon any policy.”
I t seems to us the criticisms of Dr. Taussig in these
particulars are broader than the facts warrant. It has
long been recognized as unfortunate th at those who
use the roads do not also have some direct pecuniary
interest in them. No one needs to be told how this
state of things came about or th at it was unavoidable.
As the roads were built through new and sparsely set­
tled districts—the railroad in an unopened territory
necessarily coming in advance of population—the money
to build them could not be provided by the communities
themselves, b u t had to be supplied by the Eastern
capitalist. Having obtained the roads the Western
settlers hare thought it good policy in their treatm ent
of the properties to regard the interests of the owners
as separate from their own as patrons of the roads and
have undertaken to gain advantages for themselves at
the expense of those who p u t their money in the enter­
prises. B ut its to this inharmony between the roads
and those whom they serve, it is to be said th at the
experience of the last few years has been very valuable
in showing th at there is a very intim ate community of
interests between the two. The Western people have
learnt that a blow at the roads is really a blow directed
against themselves, and th at anything th at affects ad­
versely tbe prosperity and welfare of the carriers is
sure to react disastrously on the whole population. We
may reasonably expect, therefore, th at the relations
between the two will be greatly improved hereafter.
As a m atter of fact they have improved already.
As to the boards of directors, we believe it to be true
th at railroad directors in this country do not give that
same degree of personal attention to the affairs of the
roads as do the directors in English roads. But this is
due not to apathy or indifference, or lack of interest, or
incapacity, or loose notions of duty, but simply to the
fact th at the systems are so large that ic is not possible
for the directors to undertake th at close supervision of
the details of management th at obtains abroad. Among
the more prom inent systems, almost any three picked
out at random will show a greater aggregate mileage
than the whole railroad mileage of the L'nited KiDg
dom. T he area traversed by the systems is correspond­
ingly more extensive. Roughly the distance across the
United States from ocean to ocean may be said to be
three thousand miles. Thus the directors are of neces­
sity obliged to confine themselves to large m atters of
policy, and in this sphere of action it may be truthfully
affirmed they attend to their daties faithfully and con­
scientiously.
As to the residence of those having the active m an­
agement of the properties, Dr. Taussig in selecting

971

St. Louis for purpose of illustration has hardly chosen
a point th a t is calculated to show the situation in th at
regard fairly. If he had taken Chicago instead of S t.
Louis, the result would have been much different.
Tbe impression which one gets from his remarks th at
all the chief executives of the roads running into or out
of St. Louis reside in the E ast,“ a thousand miles or more
away from the property,” is by no means a correct
one. Of course there are cases of th at kind, h u t
there are also many other cases where the execu­
tives do not live in St. Louis simply because
they happen to live at some other point on the lines of
the systems. We m ight mention the Chicago & Alton,
which has a line to St. Louis, bu t whose President,
Mr. Blackstone, resides at Chicago. Here again the
feet th at the systems are so extensive comes in to affect
the question. The A lton reaches St. Louis, Kansas
City and Chicago. I t is not possible of course for the
chief executive to reside in all three places. The most
th at can be claimed is th at he shall reside at some one
of the im portant points on the system. We m ight re­
fer to the Illinois Central as another road with a line
to St. Louis (it having just acquired the Alton &
Terre H a u te ),'b u t whose President has his chief
office at Chicago, Mr. Stuyveeant Fish spend­
ing most of his time at th at point. Then
we might point to such roads as the Rock Island,
the Chicago & N orth Western and the Milwaukee &St.
Paul, in which the highest official in each case has his
office at Chicago—not at Boston or New York. Of
these last-mentioned roads, the Chicago & N orth
Western is the only one which has a Chairman of the
Board, besides a President, and both officials, as it
happens, are located at Chicago.
Even where the
ranking head of the concern is in the East, the next
officer in charge, or the one to whom the acti ve m an­
agement of the property is assigned, has his head­
quarters usually, it will be found, on the line.
Nor is it quite correct to say th at the managers are
so circumscribed and hedged about in the performance
of their functions, th at they m ust always knock at the
door of the New York or Boston offices. Of course
when it is a question whether a new extension costing
millions of dollars shall be built, or a road purchased,
or an aggressive rate war inaugurated, the people in the
East, who are expected to furnish the funds or bear the
loss, must be consulted. Generally speaking, too, it
may be said that the finances are directed from the
East. But in the m atter of the management of the
properties, it may be stated as a fact th at the manag­
ing beads are allowed the widest possible latitude.
Indeed, so far is the policy of non-interference carried
that we could cite instances of roads controlled by the
same company competing with each other for business
as actively as if they were actual rivals and their own­
ership separate and distinct. The idea, of course, is to
impose no restraint on the managing heads in their
efforts to secure, each for his own line, the fullest pos­
sibilities regarding traffic and revenue of which
the lines may be capable. It follows that the conten­
tion th at the managing officials out West are not
allowed “ to take an individual stand ” cannot be sus­
tained.
We have dwelt on these points at length because we
think it im portant th at there shall be no m isunderstand­
ing regarding them, and also because it seems desirable
to point out th at the differences in methods between
this country and foreign countries are in some in ­
stances due to inherent differences in the conditions

972

TH E

C H R O N IC L E .

here and abroad. We are quite in accord with Dr.
Taussig in the suggestions he make3 as to the advan­
tage to be gained from adopting certain of the English
methods (so far as we can apply them in the United
States), and except in the particulars m entioned we do
not dissent from anything he says. In the succeeding
article we outline and discuss his suggestions, and note
th e general conclusions at which he arrives.
LESSONS FROM FO RE IG N R A I L W A Y MANA GEM ENT.
In the preceding article we have referred to Dr.
Taussig’s paper concerning Eoreign Railway Man­
agement, read before the Commercial Club of St.
Louis, and have taken exception to some of his state­
m ents with reference to certain features of railroad
managem ent in the U nited States. A review of his
conclusions and opinions regarding foreign methods
a n d foreign m anagement we have reserved for consid­
eration in the present article.
Dr. Taussig devotes himself chiefly to the B ritish
and the Prussian roads, and calls them the two great
typical systems in Europe which, under different cir­
cumstances and conditions, bring about different re­
sults, b u t from each of which great and salutary les­
sons may be drawn— “ on the one hand, the English rail­
ways, which, while in a lim ited measure controlled by
Parliam entary law, bu t in a much larger measure by
public opinion, enjoy nevertheless freedom of action,
a n d operate under a unification of in te re st; and on the
o th er hand, the Prussian railway system, which is
owned and absolutely controlled by the State, the m an­
agem ent of which is a law in itself.”
H e finds m uch to admire in the English system, but
lik e most students of the subject he is particularly at­
tracted by the Railway Clearing House. He notes th at
th e Clearing House was incorporated by Act of P arlia­
m en t and has been in existence fifty-four years. He
says it has a staff of four thousand, and “ is an organ­
ization as vast in its scope, as far reaching in its in­
fluence, as stable and commanding in its rules and
methods, and as judicial and im partial in its dealings,
as a well governed State, and yet through all the in tri­
cacy of its organization, as simple, as accurate and as
unfailing in its performances as though it were moved
by a feather instead of by the ponderous machinery of
its working departm ent.”
The salient features of the Clearing House organiza­
tio n , he points out, a r e : (1) I t has nothing to do with
th e fixing of rates. (2) I t undertakes only the division
and settlem ent of the revenue derived from freight
and passengers which pass over more than one line.
(3) I t has nothing to do with local traffic. (4) Each
line determines its own local rates. Where there is
no agreem ent between connecting lines as to rates
on joint traffic, the Clearing House collects the
sum of the local rates.
If disputes arise,
it makes no distribution of amounts collected, but
holds them until the parties agree among themselves,
or agree to subm it the dispute to the A rbitration Com­
m ittee of the Clearing House. If so subm itted, the
decision is final. (5 )Ic p a y s out only balances found
to be due to each road upon monthly settlements. (6)
I t keeps control through its own officers and employes,
of all movements of all the rolling stock belonging to
one company over the lines of another, notes their
mileage and distributes the charges arising therefrom .
(7) I t attends to the tracing and recovering of all lost

[VOL. LX1I.

packages in freight or passenger trains and to the settle­
m ent of these losses if not recovered, and determines
the responsibility, or proportion thereof, of each line
which has carried them. (8) Besides collecting and
distributing m onthly revenues arising from the carry­
ing of freight and passengers over connecting lines, it
supervises and controls the General and Postal Parcel
Departm ent, which is similar to our express business.
Settlements of revenues arising from the Parcel De­
partm ent are made only every six months.
As to whether a similar institution could be carried
out in this country, Dr. Taussig thinks there is no
doubt about it. Indeed, he notes th at it has already
been tried. The Southern Railway and Steamship
Association, organized in 1873, soon after its establish­
m ent adopted the plan of clearing all through traffic
accounts. This it did successfully under Mr. Albert
F ink until Mr. P in k was called to Hew Y ork to preside
over the T ru n k Line pool. Both the pool and the
Southern Association failed, he notes, because they were
merely voluntary combinations w ithout power to
enforce contracts, without standing in law, and w ithout
any other cohesion but th a t of loose resolves. H id
they been recognized and incorporated by the State
or General Government, with powers, obligations, re­
strictions and lim itations clearly defined, they would
have lived, and lived to usefulness. He recalls th at
the Southwestern or Gould system for many years also
operated a clearing house, and states th a t he is in­
formed th a t the separate roads now employ over 2,000
clerks to do the work th a t 600 clerks perform ed while
the clearing for all was in effect.
He thinks there ought to be no difficulty in obtain­
ing a charter from the General Government for
a corporation of this kind. The U nited States,
he well says, is too vast in extent for one such
Clearing House, bu t it may easily be divided
in groups, on geographical and topographical lines,
each of which could first do the clearing within its
own lines, and then the groups do the clearing among
themselves. Such an association, or system of asso­
ciations, would not only at once benefit the roads,
through unification of action, in the way the English
roads are benefited, b u t it would shortly cure the evil
of rate-cutting. “ I t would cure i t by laying the ulcer
open, for while the Clearing House doss not determ ine
rates, or interfere w ith them , by the nature of its
working no secret rate could be made w ithout imme­
diate detection, and secret rates, like dark deeds, shun
the lig h t.”
As regards the Prussian roads, the only lesson to be
drawn is th at there is little to commend in State owner­
ship, and th at such ownership is not at all adapted to
conditions in this country.
The Prussian railroad
officers “ work under the disadvantage that all individ­
uality and free play of practical talent is stifled.” In
this country there would be the fu rth er objection th a t
conditions are totally dissimilar. Prussia has a superb
Civil Service, there is an absence of all intrusion from the
legislative departm ent for political purposes or local
interests, and the M inister of Public Works, the chief
executive, has uncontrolled, autocratic power over the
roads.
“ U nder our democratic system of govern­
m ent all these conditions would be reversed. T he half
million or more of operatives would become a political
power of great danger. The policy of the roads
would be adapted to the views and demands of the
members of Congress in whose district they were located.
Rates would fluctuate, a3 the tariff fluctuates, accord­

Way 30, 1896,1

TH E

C H R O N IC LE .

ing to the political complexion of Congress, and a?, in
tariff legislation, the influence and pleadings of special
industries would lead to special transportation rates,
and thus legal'ze the crying evil of discrimination.
New construction would not be intelligently adapted to
the needs of the country, but as it was demanded by
influential members of Congress. As in our river, our
harbor and public improvement bills, every member,
more or less, wants an appropriation for his particular
district, so every member would want a new road con­
structed for the benefit of his particular constituency. ”
Summing up the result of his investigations and
thoughts, Dr. Taussig gives the following as the les­
sons which it appears to him may be drawn for the
bent fit of our roads from the working of the foreign
roads.
1. To bring the directories of the roads in closer
touch with the communities, the people and the local
interests on their respective lines, to make their posi­
tions more active and more responsible. They should
govern from the centre and not from the periphery.
2. To bring the accounting and car-tracing of all
Interchanging business between roads under the con­
trol and supervision of one or more central authorities
on the lines of the London Railway Clearing House.
3. To endeavor, by co-operation, unity of action,
association of interests and intelligent organization, to
raise the moral standard of the service, to remove
popular prejudices and to protect invested capital.
4. To abandon the voluntary character of associa­
tions th at require, for their efficient working, recogni­
tion in law, and to endeavor to have them incorporated,
with all th e authority and responsibility which is
granted to other corporations.
These are all excellent suggestions and there will be
no diasent from the conclusion th at it is desirable to
carry them out so far as it is possible to do so. Of
course the co operation of the legislative departm ent
of the government to th at end is required. Our law­
makers will promote at once the interests of the ir
constituents aud the interests of the roads by extend­
ing the necessary aid.

POW ER

O F S T A T E S O V E R I . V T E R STATE
T E L E G R A P II B U SIN E SS.

The U nited States Supreme Court the present
month decided an iDtereatirg case involving the ques­
tion how far a State can exeicise power over the service
of a telegraph company in the case of messages sent from
a point outside the State to a point within its borders.
Of course the question was whether regulations imposed
by a State law regarding the delivery of messages, the
statute having been enacted apparently with the in­
tention of protecting the inhabitants of the State in
their dealings with the telegraph company—whether
such a statute comes in conflict with the clause in the
Federal Constitution which gives to Congress the power
" t o regulate commerce with foreign nations and
among the several States and with the Indian tribes.’
The case was th at of Western Union Telegraph
Company vs. James. I t appears th at in 1887 a law
was passed in Georgia requiring telegraph oompanies
to transm it and deliver dispatches with im partiality,
good faith and due diligence under a penalty of $100
in case of failure to do so, such penalty to be recov­
ered by suit by either the sender of the dispatch or the
person to whom sent or directed, whichever might first
sne. By the third section of this act it was also pro­

973

vided th at in all cases the liability of the companies
for messages in cipher, in whole or in part, was to bo
the same as though the messages were not in cipher.
On November 4, 1890, one Jame3, a cotton m erchant
at Blakely, Ga., sent a message from his residence to
Tullis & Co., cotton m erchants in Eufaula, Ala., offer­
ing to sell certain cotton on terms named in the mes­
sage, and asked to have an answer th a t night.
Tullis & Co. received the message on th a t day and
at once sent a message in reply, accepting the offer
of Jam es upon certain conditions. This message
wa3 received at Blakely late in the evening of
November 4, but was not delivered until the next morn­
ing. Jam es alleged th a t the delivery was not mado
with due diligence as required by the statute referred
to, and th at the result of the delay in the delivery of
the message was the los3 of the sale of the cotton upon
the terms mentioned in the message. He accordingly
brought suit, and in the trial court recovered th e
statutory penalty of $100 and also the sum of $242 60
damages. The Western Union took an appeal to the
Supreme Court of Georgia, and th at Court reversed the
judgm ent as far as it was based upon the damages
claimed, but affirmed it as to the penalty of $100 pres­
cribed by the statute. The company then carried th e
case to the U nited States Supreme Court, whore the
judgm ent of the Supreme Court of Goorgia has now
been affirmed.
The company of course contended th at the message,
being an inter State message, was part of inter State
commerce, and th at therefore the Georgia statute
was an attem pt on the part of the State to assume
powers which by the Federal C onstitution had been
delegated to Congress. On the other hand it was
argued for the plaintiff th at the validity of the statu te
was based upon the general power of the State to enact
such laws in relation to persons and property within its
borders as may promote the public health, the public
morals and the general prosperity and safety of its in­
habitants. Justice Beckham, who read the opinion of
the Court, stated th at this power is somewhat generally
described as the police power of the State, a detailed
definition of which ha3 been said to be difficult, if n o t
impossible, to give.
However extensive the power
may be, it cannot encroach upon the powers of th e
Federal Government in regard to rights granted or se­
cured by the Federal Constitution. As to whether th e
transmission of messages from one State to another
constitutes commerce among the States, th at is a ques­
tion regarding which no doubt was entertained. It
has been settled by the adjudications of the S uprem e
Court th at telegraph lines, when extending through
different States, are instrum ents of commerce, which
are protected by the clause in the Federal C onstitution,
and th at the messages passing over such lines from
one State to another constitute a portion of commerce
itself.
As the Court has always been very rigid in its ad­
herence to the docrine th at all restrictions sought to
be imposed by a State upon inter-State commerce are
void, it becomes im portant to see upon what grounds
the Georgia law has been upheld. In Telegraph Co.
vs. Pendleton, a statute of Indiana regarding telegraph
messages was decided to be in conflict with the Consti­
tutional provision regarding commerce inasmuch as it
attem pted to regulate the delivery of dispatches in
other States. In th at case the action was brought by
Pendleton to recover of the telegraph company the
penalty of $100 prescribed by statute for failing to

# 974

TH E

C H R O N IC L E .

[VOL. LX II,

deliver at Ottumwa, in the State of Iowa, a message re Congress the statute, the Court declares, is a valid ex
ceived by the company in Indiana for transmission to ercise of the power of the State over the subject.
that place. The action was brought in Indiana and
The telegraph company had set up one other claim,
It contended that
it was held that it was an attempt on the part of which the Court disallows.
that State to enforce its own statute outside and beyond the sender of the message in Alabama entered into a
contract which provided that the company was not to
the territorial limits of the State.
How does the present case differ from that in Indi­ be liable for mistakes in the transmission of the
ana ? The Court says that no attempt is here made to message beyond the sum received for sending it, unless
enforce the provisions of the State statute beyond the the sender ordered it to be repeated and paid half the sum
limits of the State, and that the statute comes within in addition, and that the Georgia statute changed the
the police powers of the State. “ The statute in ques­ liability of the company as it would otherwise exist. The
tion is of a nature that is in aid of the performance of message wa3 not repeated. The Court has held in other
a duty of the company that would exist in the absence cases that a contract of the kind referred to was a rea­
of any such statute, and it is in no wise obstructive of sonable one. But, says Justice Peckham, this is not
its duty as a telegraph company. It imposes a penalty an action by the person who sent the message from
for the purpose of enforcing this general duty of the Alabama, and the plaintiff is not concerned with
company. The direction that the delivery of the mes­ that contract, whatever it was. There was no mistake
sage shall be made with impartiality and in good faith in the transmission of the message and there was no
and with due diligence is not an addition to the duty breach of agreement. The action is not founded upon
which it would owe in the absence of such a statute. any agreement, and the judgment neither affects nor
Can it be said that the imposition of a penalty for the violates the contract mentioned. Nor is the Court
violation of a duty which the company owed by the concerned, reasons Judge Peckham, with the provi­
general law of the land is a regulation of or an obstruc sions of the third section of the act relating to dam­
tion to inter-State commerce within the meaning of ages to be recovered in the case of cipher messages.
that clause of the Federal Constitution under discus­ This was not such a message, and the j udgment of the
sion ? - We think not. No tax is laid upon any inter­ Court is based solely upon the penalty granted by the
state message, nor is there any regulation of a nature statute for non-delivery.
calculated to at all embarrass, obstruct or impede the
company in the full and fair performance of its duty
as an inter-State sender of messages.”
ATCHISON’ S POSITION AND PROSPECTS.
“ We see no reason to fear,” the Court says, “ any
In view of the vague suggestions that there is some­
weakening of the protection of the Constitutional thing wrong with the reorganized Atchison, one of
provision as to commerce among the several States by our representatives has had an interview with Mr.
holding that in regard to such a message as the one in Robert Fleming of London, now in New York, and
question, although it comes from a place without the who, as is well known, is a member of the Joint
State, is yet under the jurisdiction of the State where Executive Reorganization Committee. Mr. Fleming
it is to be delivered (after its arrival therein at the furnishes the following statement of facts which he
place of delivery), at least so far as legislation of the thinks must dissipate all fears and show that Atchison
State tends to enforce the performance of the duty is in a very strong position.
owed by the company under the general law. So long
First, as to the current financial position. Bills payable
as Congress is silent upon the subject, we think it is don’t exist. Wages and supplies are promptly paid. Some
0,000 of old vouchers, which for various reasons were left
within the power of the State government to enact
over,
will all be out of the way shortly, and between its own
legislation of the nature of this Georgia statute.
cash and that coming from the Reorganization Committee,
* * * “ The subject of the act is not national in the company will start the year beginning July 1 with about
character, nor is uniformity at all requisite. Con­
000,000 in money on hand and about $3,000,000 value of
duct which might incur the penalty of $100 in one free securities.
The property is in excellent condition, and the equipment
State might violate no statute in another, and in still a
ample
for present business. The whole budget of capital ex.
third might subject the carrier to a penalty of but $50,
and yet there would exist no reason for uniformity of penditure during the coming year*is]about $1,350,000.
As to the fixed charges of the company, they have been cut
rule governing the subject, and the carrier would really down far more drastically than in any other recent reorgani­
suffer nothing from its absence.”
zation. With gross earnings of over $29,000,000 and a fixed
The Court, however, takes pains to declare that it charge of $4,600,000, I cannot help thinking that Atchison ig
reorganization proof.”
does not wish to be understood as holding that any
You can judge from the following tables :
State law on the subject would be valid, even in the ab
OPERATIONS
OF THE ATCUISON TOPEKA & SANTA FE RAILWAY SYSTEM.
sence of Congressional legislation, if the penalty pro
,-------------------------------------- 1 8 9 5 .-------------- ------------------------ vidtd were so grossly excessive that the necessary
6 ,4 8 1 '4 9 miles.
E arns.,incl. income E xp., incl. taxes
operation of such legislation would be to impede inter­
Profit.
a?id rentals.
from investments.
$ 3 5 4 ,5 2 0 3 2
$ 1 ,8 9 1 ,1 4 2 5 4
state commerce. In this instance the penalty is not J a n u a r y ........................... $ 2 ,2 4 5 ,6 6 2 8 6
2 4 9 ,9 7 9 3 4
1 ,8 2 4 ,7 5 3 8 0
F e b r u a r y ........................ . 2 ,0 7 4 .7 3 3 1 4
so unreasonable as to be outside of and beyond the M a r c h ............................... 2 ,3 3 7 ,1 9 7 2 1
3 7 5 ,0 0 3 1 8
1 ,9 6 2 ,1 9 4 0 3
2 3 3 ,6 2 9 9 7
2 ,0 9 7 ,7 6 1 0 9
jurisdiction of the State to enact. Justice Peckham A p r il................................. . 2 , 3 3 1 , 3 9 1 0 6
4 5 5 ,9 9 2 7 8
2 ,1 4 2 ,9 5 6 4 6
. 2 ,5 9 8 ,9 4 9 2 4
argues that while it is vitally important that commerce M a y ..................................... 2 ,1 6 2 ,8 8 3 7 0
9 6 ,8 6 5 0 9
2 ,0 6 6 ,0 1 8 6 1
6 3 ,6 3 3 4 8
2 ,0 0 6 ,9 0 4 8 8
. 2 ,0 7 0 ,5 3 8 3 6
between the States should be unembarrassed by vexa­
2 8 6 ,7 3 3 6 4
2 ,1 0 4 .9 5 9 0 9
tious State regulations regarding it, yet on the other AUgUBt................. .......... .. 22 ,3,3 96 16 ,6,6 91 20 7434
2 5 4 ,7 4 4 6 5
2 , 1 1 1 ,‘ 6 5 7 9
S e p t e m b e r ....................
7 9 7 ,8 L9 9 9
hand there are many occasions where the police power O c t o b e r ........................ . 3 ,0 3 9 ,5 8 6 9 6
2 ,2 4 1 ,7 6 6 9 7
6 7 7 .2 4 8 8 3
2 ,1 3 6 ,5 7 4 2 7
of the State can be properly exercised to insure a faith­ N o v e m b e r ...................... . 2 ,8 1 3 .8 2 3 1 0
6 4 4 ,5 8 9 2 2
2 ,1 3 8 ,0 5 2 7 9
2 ,7 8 2 ,6 4 2 O l
D e c e m b e r ..................... .
ful and prompt performance of duty within the limits
$
4
,4
9 9 ,7 6 0 4 9
$
2
4
,7
2
4
,9
5
0
3
2
.$
2
9
,2
1
5
,7
1
0
8
1
T o t a l....................... .
of the State upon the part of those who are engaged in P e r c e n t o f e a r n in g s
1 5 -3 7 1
8 4 -6 2 9 *
inter-State commerce. The Georgia statute is one of * T h e e x p e n s e s w e r e la r g e ly I n c r e a s e d In c o n s e q u e n c e o f h e a v y r e ­
that class, and in the absence of any legislation by p a ir s to r o a d b e d a n d e q u ip m e n t .

May 30, 1896.J

THE CHRONICLE.

— 1896.----------E a rn s .b u t . income E xp.,inel. taxes
an d rentals.
fro m investm ents.
$1,851,168 20
J a n u a r y ............
$2,484,663 66
1,734.669 51
F e b ru a ry ___ ______
2,253,077 16
1,869,613 32
2,274,903 22
M a rch .........................
6, IS I

miles.

P rofit.
$630,497 46
518,407 65
405,286 40

975

IMPORTS AND EXPORTS OF GOLD AND
SILVER A T S A N FRANOISOO.

W e h a v e r e c e iv e d t h i s w e e k f r o m t h e C o lle c to r o f C u s to m s
a t S a n F r a n c is c o t h e d e t a i l s o f i m p o r t s a n d e x p o r t s o f g o l d
S o f a r d u r i n g 1896 t h e r e a u 't s w ill b e a d m i t t e d to b e g o o d ,
a n d s ilv e r t h r o u g h t h a t p o r t f o r t h e m o n t h o f M a r c h , a n d
a s u r p lu s o f 9100,000 o v e r f ix e d c h a r g e s h a v i n g b e e n e a r n e d .
t h e y a r e p r e s e n t e d b e lo w , t o g e t h e r w i t h t h e f ig u r e s f o r t h e
O a r i n g A p r il a n d M a y . w h ic h w e r e g o o d l a s t y e a r , I d o n o t
p re c e d in g m o n th s , th u s c o m p le tin g th e re s u lts fo r th e n in e
e x p e c t m u c h n e t in c r e a s e , a l l t h e r o a d s i n t h a t r e g i o n d o in g
m o n t h s o f t h e fiscal y e a r 1895-96. T h e i m p o r t s o f g o l d w e r e
p o o r ly a t p r e s e n t : b u t b e tw e e n t h e p r o s p e c ts f o r t h e r e m a i n d e r
s l i g h t l y g r e a t e r t h a n in F e b r u a r y , t h e a m o u n t r e c e i v e d r e a c h ­
o f th is y e a r a n d l a s t y e a r t h e d if f e r e n c e is :
i n g $49,491, o f w h i c h $1,260 w a s i n c o i n ; b u t o f s ilv e r t h e r e
1st. L a s t y e a r a t t h i s ti m e t h e r e w a s n o c o r n i n t h e c o u n t r y : c a m e i n $303,470. o f w h ic h $109,184 w a s b u llio n . T h e re h a s
th i s y e a r i t is c r i b b e d in e n o r m o u s q u a n t i t i e s a l l a l o n g t h e
b e e n r e c e iv e d d u r i n g t h e n i n e m o n t h s a t o t a l o f $737 486 g o l d
r o a d a n d m u s t b e m o v e d o u t s h o r t l y , w h ile t h e c o m i n g c r o p
a n d $1,502,987 s ilv e r , w h ic h c o m p a r e s w i t h $1,067,459 g o ld
a ls o p r o m is e s w e ll.
a n d $1,441,832 s ilv e r in 1894-95. T h e s h i p m e n t s o f g o ld d u r i n g
2 d . l a s t y e a r t h e K a n s a s w h e a t |c r o p w a s a f a i l u r e w h ile M a ic h w e r e u n i m p o r t a n t , r e a c h i n g o n ly $7,848 c o in a n d $40
t h i s y e a r a b u m p e r c r o p i3 a l m o s t a s s u r e d .
d u s t , b n t t h e e x p o r t s o f s i l v e r h a v e b e e n $435,175 c o in a n d
3 1, L a s t y e a r T e x a s c o n d itio n s w e r e b a d a n d w e h a v e f e l t t h e m $416,350 b u llio n .
F o r t h e n i n e m o n t h s t h e e x p o r t s o f g o ld
s e v e r e ly in t h e e a r n i n g s ; t h i s y e a r M r. Y o a k u m , t h e m a n a g e r h a v e b e e n $513,416, a g a i n s t $637,185 in 1894-95 a n d $9,580,873
o f t h e T e x a s lin e s , t e lls m e th e p r o s p e c ts w e r e n e v e r b e tte r .
s ilv e r h a s b e a n s e n t o u t , a g a i n s t $10,074,903 in 1894-95. T h e
W i t h th e s e g o o d p r o s p e c ts f o r a n i n c r e a s e o f g r o s s e a r n i n g s e x h i b i t f o r M a rc h a n d t h e n i n e m o n t h s i s a s f o llo w s :
a n d M r. R ip le y ’s e x p e c t a t i o n o f g r e a t l y r e d u c i n g t h e e x p e n s e s ,
i mr o a r s o p gold and s i t v e a at sax vkancisgo .
th e re se e m s v e ry little d o u b t t b i t tb s fu ll in te r e s t o n th e
GOLD.
SILVER.
a d j u s t m e n t b o n d s w ill b e e a r n e d t h e f i r s t f in a n c ia l y e a r ,
!
MONTHS.
Coin. B ullion ] Total. | Coin,
B ullion.
Total.
b e g in n in g J u l y 1 n e x t,
M r. R ip le y , t h e P r e s i d e n t , h a s t h e f a l l c o n f id e n c e o f th i
1895-98.
$
$
$
$
$
1
* .
9,330 42,100
51,730
7,135 128,955 130,090
b o a r d o f d i r e c t o r s . H is p r e v io u s p o s itio n s w e r e o n t h e C h i ­ J u l y ..........
An v a s t......
245 90,240
90,185
in ; 70S
76,171
86,879
c a g o B u r l i n g t o n & Q u in c y a n d t h e C h ic a g o M ilw a u k e e & S t .
Beptemb’r.
8,319 8.9.818
97,136
227,877 119,501 347,378
O c to b e r.,.
15,212 92,966 108.078
75,440 123,099 199,139
P a u l , a n d th e s e s y s te m s a r e n o t v e r y d i f f e r e n t i n character N ovem ber
8,715
1,1.90 111,157 112,837
86,213
94,928
83,549
91,997
D
ecem
ber,
8,448
69,021
67,187 130,SOS
f r o m A tc h is o n , H e r e a r e t h e f ig u re s :
13,821
69,212
33,03}
2,341
133,129
J
a
n
u
a
r
y
...
135,470
.Yet
Miles.
Grom.
Year ending.
71,305.
91,520 102.825
4,595 38,604
F eb ru ary ..
43,199
910.426,26 J M arch-----1,260 48,231
$27,335,389
40,491
8,109
94,2S6i 109,181 203,470
U H. A St. P — ..J u n e 30, ’93
8,163,653
5,730
2 I,S 7 M 9 2
C. B. * q ......... ..D r* . 31**05
62,409 665,077 727,196
507,428 935,559 t , 502,987
T otal Scans
29,215,710
6,491
A tchison........... ...D ec, 31, *95
M cottTS o r o o n o and silv b k prom sah francisco .
T h e to t a l a n n u a l fix e d rn ir tg a g e ctMu*#ti o n t h e A 'c h is o n
s y s te m o f 6,481 m ile s is $709 p e r m ile , w h ile t h e g r o s s e a r n ­
in g s i n 1895 w i t h a c o m b in a tio n o f t h e m w t a d v e r se c ro p * a n d
c o m m e r c ia l c o n d itio n s w e r e $1,590 p e r m ile , b e in g m i r e t h a n
e i t h e r t h e S t. P a u l o r C h ic a g o B u r l i n g t o n & Q u in c y .
T h e n e t e a r n i n g s o f t h e s e p r o p e r tie s — t h e C n i c i g > Mil w tu k e e & S t. P a u l a n d C h ic a g o B u r l i n g t o n ffc Q u i n c y —a s s h o w n
a b o v e , w e r e $1,690 a n d #1,42-5 p e r m ile r e s p e c ti v e l y . T he
w h o le c h a r g e s o n t h e A tc h is o n S y s t e m , e v e n i n c l u d i n g t h e i n ­
te r e s t o n t h e a d j u s t m e n t m o r tg a g e b o n d s , w h ic h a r e a n in
c o m e s e c u r i t y , a m o u n t o n l y to a b o u t #1,000 p e r m ile p e r a n ­
n u m , b e in g a b o u t 2 2 p e r c e n t o f t h e g r o s s e a r n i n g s o f t h e
y e a r 1895.
I d o n ’t k n o w a n y b o n d c o m b in in g a ll t h e e l e m e n ts o f s e ­
c u r i t y t o t h e d e g r e e o f A tc h is o n 4 p e r c e n t g e n e r a l m o r tg a g e
b o n d s s e llin g a t s o lo w a p r ic e .
T h e r e is n o t h i n g w h a t e v e r i n t h e id e a t h a t t h e lo ss o f t h e
’F ris c o is g o in g t o h u r t A tc h is o n , N o s u b j e c t w a s m o r e c a r e
f u l l y c a n v a s s e d b y t h e J o i n t E x e c u t i v e c o m m i t t e e t h a n th is .
M r. R ip le y a n d a d e le g a tio n f r o m t h e c o m m i t t e e a n d t h e
b o a rd w e n t o v e r th e ro a d a n d stu d ie d th e s itu a tio n th o r ­
o u g h l y . T h o s e w h o k n o w m o s t a b o u t ’F r is c o e x p e c t t h e r e l a
t io n s o f t h e t w o c o m p a n ie s t o c o n t i n u e a s f r i e n d l y a s t h e y
w e r e b e f o re t h e l a t e m a n a g e m e n t b o u g h t u p t h e s t o c k .
T h e tr a ff ic i n t e r c h a n g e is r e c ip r o c a l in i ts b e n e f its . ’F ris c o
a s a n i n d e p e n d e n t S t. L o u is li n e w ill d o b e t t e r f o r i t s e l f a n d
b e m o r e p o p u l a r t h a n a s a p a r t o f a b i g C h ic a g o s y s te m ,
w h ile i f w e h a d u n d e r t a k e n t o b u y u p 'F r i s c o i t w o u ld h a v e
c o s t u s a b o u t #12,000,000 i n A tc h is o n f o u r s , a n d i n c o n s e
q u e n c e t h e p r e s e n t ’F r is c o p r i o r lie n s w o u ld p r a c t i c a l l y h a v e
b e c o m e a lie n p r i o r to t h e A tc h is o n f o u r s , w h ic h a ll p a r t i e s
d e s ir e to p r e s e r v e a s a n a b s o lu te firs t m o r tg a g e b o n d a t a v e r y
lo w r a t e p e r m ile . W i t h t h e a c q u is itio n o f ’F r is c o t h e fix e d
c h a r g e o n t h e t h e n A tc h is o n s y s te m o f 7,780 m ile s w o u ld
h a v e b e e n r a is e d f r o m $700 t o $9C0 p e r m ile , A tc h is o n is
f in a n c i a l l y m u c h s t r o n g e r w i t h o u t F ris c o ,
T h e r e r o a n iD g u n s o lv e d p r o b le m is A t l a n t i c 6k P a c . I t is
m o r e i m p o r t a n t to A tc h is o n to o w n A . & P . t h a n to o w n ’F ris c o .
T h e p r e s e n t A tc h is o n t s a c o m p l e t e a n d s y m m e t r i c a l s y s t e m o f
5,990 m ile s f r o m C h ic a g o , K a n s a s C ity a n d D e n v e r in t h e n o r t h
t o E l P a s o i n t h e s o u t h w e s t a n d jto G a lv e s to n o h t h e G u lf . B e
r id e s t h i s w e h a v e 491 m ile s i n S o u t h e r n C a li f o r n ia a n d t h e
A . & P . is t h e b r id g e lie tw e e n . W e a r e w illin g to w o r k w i t h
th e m a s a n in d e p e n d e n t c o m p a n y o r w e a re w illin g to b u y i t o n
f a i r t e r m s , a n d I s h a ll b e m u c h s u r p r i s e d if a n e a r l y s e t tl e ­
...
,
. .
,
. .
m e n t is n o t r e a c h e d ,
M e h a v e r e s e r v e d b o n d s to b u ild
o u r s e lv e s i f w e c a n n o t m—a k*"e a‘ -----r e a s o n a b le s e t t l e m e n *t•, a n d
s u r v e y * a r e n o w b e in g m a d e .

GOLD,

MONTHS.

Coin.

B u ll'd

*
1,160

Total.

|

Cain,

SILVER.
j B u llio n .

Total.

1895-96.
J u l y ...........
A uvust—
SeptenUTr.
O c to b e r...
N ovem ber
December.
J a n u a ry ..
F ebruary..
M arch........

79,321
25
62,84 1
61,748
400
112,310
70
36,697 3.100
92.413
29,312
100
4,760
7,84*
‘V6

1 2 sf,8 7 5
62,869 246,349
62,208 j 1,209,400
112,366 : 833,300
59,797
7 5 « ,4 » i
92,415 ; 438,525

T o ta l 9moa

507,461* 4,955

512,418 4.914,525 4,666,348’ 9,580.875

80,481

29,612 ! 190,043
574,354
4,760
125,175
7,888

$
560.000
798,875
325.000
573,349
813.350 2,022,750
520,800 1,354,109
73 8 ,5 4 1 1,495,043
428,l " 0
864,625
447,700
637,743
118.500
902,854
416.350
841,525

St o c k E x c h a n g e C l e a r in o -H o o s e T r a n s a c t io n s . — T h e
j u b j o i n e d s t a t e m e n t in c lu d e s t h e t r a n s a c t i o n s o f t h e 8 t o e k
E x c h a n g e C le a r in g - H o u s e f r o m M ay 18 d o w n t o a n d i n c l u d ­
i n g F r i d a y , M ay 2 9 ; a ls o t h e a g g r e g a t e s f o r J a n u a r y to May,
i n c lu s iv e , in 1893 a n d 1895.
t r u e s BXQBANOS ULBARINO BOUSB TRANSACTIONS.
------ B alances, one side
side- ------ . Sheets
.— Shares, troth sides .— > —-------Cleared. Total Value, Shares. V alue Shares. Oash. Cleared.
$
9
I8 » S —
„
*
63.700.000 1,*83,100
f a a o a r v ... IB.59S.600
s w .m o o o
0.434
* ■ « 55,000.000 1,133.500
F ebruary- 12,030,000
7S2.100.000
85.100.000 1,920,400
1,403*000
March..... 19,067,700 1,207,600,000
15.799 200 1 .001,800,000
1.100 1.603,100,000

A p r il......

May.
5 m ot—
1890—
Jamimry...
fo b ru a ry ,
M arch,....
April™......
M ar.........
..

II

1,710.600
3.151,000

94.500.000 1,399,800
182^)00,000 2,157.200

7,301
32.31*

81,701,103 5.174.000.000

8.4*4,590

401,500.000 8.099.500

987.700.000
15.298,600
17,004,900 1.008,600.000
M .«7W 00 1.000,600.000
984.000,000
14 052,290
750.800.000
10.291*000

1,814,200

78.9SS.2J0 ASST.TOO.OOO

L 831,500
1 /8 9.100
1,422,000

88.400.000
100,300,000
91,000,000
99/0 0 ,0 0 0
03.100.000

1,445,000
1,304.400
1,452,800
1,233.300
923,800

0,870
6,261
8,811

8,963,800

45*,i00.000 6,418.300

38,148

-------- B alances, one side. -------- >Sheets
Total Value. Shares. V alue Shares. Oash. Cleared.
S
$
8
41,300,000
64,000 4 , 1 0 0 ,0 0 0 47,800
275
50,300 3 , 1 00 ,00 0 39,-300
209
35,700,000
40,800 2.790,000 53.500
3«, 100.000
250
39,900,000
46,300 2,930.000 37,100
255
264
42,700 3,000.000 34,000
40,100,000

— Shares, ooth tid es .—.

Cleared.

May
M
u
*»
“

18. .
ID. .
20..
21...
2 2 ..

547,800
470,200
4.31,200
438,100
474,800

193,100,000
351,500.000
50, to o ,000
4 0 ,5 )0 ,0 0 0
29,300,030
18,300,000
40.903,0 0

238,100 15,800,000 232,300 1,313
653,800 35,500.000 451,600 1,655
297
66,100 4,000.000 70,700
273
5 >,600 3,830,000 66,000
245
35,6 JO 2.800,900 28,700
239
29.800 1,600.000 11,608
3,8 90,0,>0 43,400
01300
285

Tot. Wk 2.388,500 185,100,000
W kiaatyrl ,121,600 282,900,000

246,200 16,600,000 233,400 1,339
442,100 24,400,000 297,700 1,782

Tot. wtc. .2,362,100
W klaatyt5.862.500
May 25. . 080,200
•• 26. . 484,200
" 27, . 357,700
“ 28 . 2 /7 ,2 9 )
“ 29 . 587,203

’’ T h e s t o c k s c le a r e d n o w a r e A m e r i c a n C o tto n O il c o m m o n ,
A m e r ic a n S u g a r c o m m o n , A m e r ic a n T o b a c c o c o m m o n , A t c h ­
is o n , C e n tr a l o f N
. C h e s a p e a k e & O h io , O h i c a t o B u r l i n g t o n
Sc Q u in c y , C h ic a g o G a s , C h ic a g o M ilw a u k e e & S t, P a u l c o m ­
m o n , C h ic a g o i& N o r th W e s t e r n c o m m o n . C h ic a g o R o c k I s l a n d
i $S P a c if ic , D e la w a r e & H u d s o n , D e la w a r e L a c k a w a n n a &
I W e s te rn , D is tillin g & C a tt l e F e e d in g , G e n e r a l E le c tr ic , L a k e
1 S h o r e & M ic h ig a n S o u t h e r n , L o u is v ille & N a s h v ille , M a n h a t ­
t a n , M is so u ri K a n s a s & T e x a s p r e f e r r e d , M is s o u ri P a c i f i c ,N e w

THE

976

C H R O N IC LE .

York Central, New York ]> k e Erie & Western, New York &
New England. New York G «ario & Western, New York Sus­
quehanna & Western preferred, Northern Pacific preferred,
National Lead common, Philadelphia & Reading, Southern
Railway common and preferred, Tennessee Coal & Iron, Texas
& Pacific, Union Pacific, United States Leather common and
preferred, Uniced States Rubber common, Wabash common
and preferred, Western Union and Wheeling & Lake Erie
common.
p ta tte ta rg I@

c m tm e t:c ta X ^ ti0 lts R ^ e x w s

[F ro m o u r ow n eorrespondent.1
L o n d o n , S a t u r d a y , M a y 16, 1896.

The feeling in the city has been decidedly better this week^
owing to the decision of the Spanish Government to revise
the sentences passed by the court martial on the Competitor
prism ers, and to the peaceful tone of the royal speech at the
optniug of the Spanish Cortes. The preparations for the
Russian coronation are likewise infusing a hope all over
Europe that Russian influence will be exercised to maintain
peace. And lastly there is a very strong belief that the
Pretoria prisoners will be dealt with very leniently.
Mr. Chamberlain’s speech in the House of Commons on
Friday night last week unfortunately made a bad impression
at Pretoria. Apparently the summaries sent out by tele­
graph represented Mr. Chamberlain as having gone much
farther in defense of Mr. Rhodes than he really did. At all
events, the offense given for a day or two caused fears in
London that President Kruger might not act as generously as
it was understood he had decided to do, but upon Wednes­
day morning private telegrams were received in London by
great mining magnates who had supported the Boer Govern­
ment all through, assuring them that the President, though
surprised by the tone of the debate, would yet act upon the
decision previously arrived at. It is understood that the
several prisoners will be sentenced to a period of imprison­
ment, but that almost immediately they will be allowed out,
being, however, subjected to police supervision.
At home trade i3 steadily improving, and the railway traffic
returns are again very satisfactory. It is true, at the same
time, that the present series of wool sales in London have not
been so successful aB those of the past few months, mainly
owing to the absence of American buying.
The series
was to have lasted till the end of next week, but it has been
decided to close them to-day. The very best wools, for which
the American demand is always strongest, are about 5 per
cent lower than at the last auctions. The worst kinds are
from 7 to 10 per cent lower, but the middling kinds are very
nearly as high as they have been any time previously this
year. The chief buying has been for Yorkshire and the
Continent.
The rates of interest and discount in the open market have
been fully sustained this week. The whole of the instalment
due from China to Japan has now been paid into the Bank of
England ; 4}4 millions sterling have been taken out of the
open market here; about 2 millions sterling have been re­
mitted from Berlin in bills, and about 2 millions sterling are
retained in the Imperial Bank of Germany. Japan now holds
in the Bank of England about 15 millions sterling, making a
total, with the German deposit, of about 17 millions sterling,
the gTeat part of which will be spent upon ships and muni­
tions of war. At the same time gold, as usual, has been sent
in considerable amounts to Scotland, and owing to these move­
ments the supply in the open market has been so reduced that
rateB have ranged from about % per cent to 1 per cent for
short loans and discounts. But there is nearly 1J£ million
sterling on the way in gold. The Scotch money will now very
soon come back, and a considerable payment by Japan is e x ­
pected in a few days.
The silver market remains steady without very much
demand, but American holders refuse to sell under 31J£d.,
and in consequence the price is fluetuatfng around 31d. per
ounce.
The American department on the Stock Exchange was very
dull and depressed at the beginning of the week, partly owing
to the influence of the Cuban news and partly at the appar­
ent success of the candidacy of Mr. McKinley. Up to Wed­
nesday night scarcely anything was doing. One of the great
Stock Exchange houses reported on Wednesday afternoon
that for three days it had done not a single bargain in Ameri­
can bonds, though there had been some transactions in specula­
tive shares. On Thursday, however, a better feeling sprang

rv o L . l x i i ,

up, and there was a little more activity, especially in shares,
the chief cause being confident predictions to that the Repub­
lican Convention will not nominate any candidate who does
not pledge himself to sound money.
About the middle of the week there also sprang up a much
better demend in other departments ; even the South African
has been decidedly more active, and prices have improved,
although the decision of President Kriiger respecting the
prisoners had not been officially announced. In South Ameri
can securities there has also been more doing, especially there
has been a very good demand for Argentine stocks of all
kinds. There has been some improvement likewise in inter­
bourse securities.
But undoubtedly the most active markets have been those
for British Government, municipal, railway and colonial
stocks. British railway stocks have been in especially good
demand as the railway traffic returns are again very satis­
factory, and the fears recently entertained of strikes in
Scotland and Ireland are abating. Trade is unquestion­
ably good and everything points to a further improve­
ment in the early future, provided nothing untoward
occurs. The general feeling is that money will soon be­
come as cheap as ever ; indeed, it is exceedingly cheap now.
In spite of the talk of a rise in rates, everybody in good credit
can get all the accomodation he requires at from 1 to 1% per
cent. At the fortnightly settlement this week, for example,
the banks lent freely at
per cent. There is a very hopeful
feeling both on the Stock Exchange and in commercial circles
in consequence, and if politics smooth down everybedy
expects an exceedingly active business during the remainder
of the year.
The Bank rate of discount and open market rates at the
chief Continental cities have been as fo llo w s:
May 15.
Interest at
P a r is................
B erlin. ............
H a m b u rg.........
F rankfort.........
A m sterdam ___
B ru sse ls...........
V ien n a ..........
St. P etersb u rg .
M a d r i d . . . ..
C o p en h a g en ..

May 8.

Bank Open
Bate ■ Marke,
m
m

2
3
3
3
3
3
4
6K
IK
3

2«

2U
2%
SM
3K
OK
IK
3

May 1.

Apr. 24.

B an k Open Bank
Open Bank Open
B a te . Markei Bate. Market Rate. Market
2
3
3
3
3
3
4
6K
4K
3

m
an

2%
3
2«
2K

m
OK
4K
3

2
3
3
3
3
3
4
OK
4K
3

1M

2H
2M
2K
2K
s«
OK
4K
8

2
S
3
3
3
2K
4
OK
4K
3

m
2K

2H
2U
2«i
IK

3H
OK
IK
3

The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years:
1893.
1395.
1894.
May 15.
May 16.
May 17.
£
£
£
£
26.194,170
25,796,580 25.058,035 26,589,590
C ircu la tio n ...................................
7,634.959
6,337,022
8,442,118
Public d ep o sits............................... 14,152,165
34,871,939 29,700,824 29,900,024
0 ‘oher d ep o sits . . . ......................... 49,441,954
9.894.422 11,208,101
G overnm ent s e c u r itie s ............... 15,260,785 13,424,606
Other s e c u r itie s ............................ 23,501,080 19,710,815 20,522,072 30,087,086
13,323.312
24,761,835
37,672,586
27,959,874
R eserve o f n o tes and coin ...........
Coin & b ullion , both departm ’ts 47.036,753 36,956.454 33.009,900 23,462,902
65 15-16
01 5-16
30 1-18
Prop, reserv e to lia b ilitie s ., p.c. 59 1-16
2
2
*4
2
Bank r a te ..........................per cen t.
100 7-16
97%
105 13-16
C onsols, 2& per ce n t .................. .
t i ik
t3
0
^
d
.
23
l-1
6
d
.
30
15-I6d»
S ilver..................................................
37Kd.
C learing-H ouse r e tu r n s............ . 135.241,000 109,539,000 130,723,000 155,878.000
» M ar 18,1893.
t May 16,1595.
1896.

May 13.

Messrs. Pixley & Abell write as follows under date of
May 14 :
Gold.—T h ere lias b een a good Conti u e n ta l d em and, a n d a ll su p p lies
in th e open m a rk e t h a v e been re a d ily sold. T he B a n k h a s re c e iv e d
since our la s t £19 1 ,0 0 0 , chiefly in coiu from A u s tra lia w hile £ 1,000
h a s been sold. A rriv a ls: A u stra lia , £ 165,000; R iver P la te , £ 2 2 6 ,0 0 0 ;
Capetow n, £ 1 1 1 ,0 0 0 ; W est Indies, £ 1 3 ,0 0 0 ; to ta l, £1,220,000. S h ip ­
m e n ts : B om bay, £ 6 2 ,0 0 0 ; C a lc u tta, £ 1 1 ,0 0 0 ; to ta l. £73,000.
Silver.—Follow ing o u r la s t issue, silv e r rem a in e d ste a d y a n d u n ­
ch an g ed lo r sev eral days, u n til a sh a rp rise in the N ew Y ork E x o h an g e
induced A m erican pro d u cers to sell freely a t 3 Id ., w h en th e prioe fe ll
to 30 15-16d. To-day’s q u o tatio n is 31 l-16d., th e rise beiug due to
buying fo r th e F a r E a st. T he stock of silv er h eld in London is co n ­
siderably red u ced by tho larg e sh ip m en ts to R issia in co n n ectio n w ith
th e in crease d coinage of R ussian silver. A rriv als: N ew York, £ 9 7 ,000; A u stralia, £ 0 ,0 0 0 ; W est Indies, £ 3 0 ,0 0 0 ; to ta l, £139,000. S h ip ­
m e n ts : B om bay, £ 2 2 ,5 0 0 ; J a p a u , £ 1 0 0 ,0 0 0 ; C a lc u tta, £ 1 0 ,0 0 0 ;
to ta l, £132,500.'
M exican D ollars—W ith no dealings to re p o rt, th e m a rk e t is n om in al.
A rriv a ls from New Y ork, £ 10,000. S h ip m en ts to H ong K ong, £ 1 4 ,5 5 0

The quotations for bullion are reported as follows :
GOLD.

London Standard.
Bar gold, f in e ....o s .
Bar gold , p a rtin g .o z
8 p anish O ld.........oz.
D o.
N e w ....o z .
U. 8. g o ld c o in ....o z
Germ an gold ooln.oz
French gold o o ln .o z

May 14.
s. d.
77 9K
77 m
76
70
70
76
70

0
2
4
S.M
3*t.

May 7.
8. d.
77 8K
77 9K
76 0
76 2
76 4
70 3H
76 3K

SILVER.

London Standard.

May 14. May 7.

d.
Bar silv e r , f ln e ..o z 311-16
Bar silv e r , co n ta in - 31 7-16
in g 5 grs. g o ld .o z .
Cake s ilv e r ..........oz.
3 3^
M exican d ollars.oz.
SOM

d.
31
31M
33 7-10
30M

T h e f o llo w in g s h o w s t h e i m p o r t s o f c e r e a l p r o d u c e i n t o t h e
U n i t e d K in g d o m d u r i n g t h e f ir s t t h i r t y - s i x w e e k s o f t h e
se a so n , c o m p a re d w ith p re v io u s se a so n s :
IMPORTS.
1894-95.
1893-94.
1395-96.
1892-93Im p o rts o f w h eat.ew t.45,410,270 18,357,166 40,807,265 41,710,451
B arley ........................... 17,043.320 19,199,784 23,159,923 12,296,229
9.472,9*27
8,948,200
8,632,610
O a ts............................... 9,227,580
1,800,767
1,561,615
1.691,469
P e a s............................... 1,369,720
3,087,442
3.789,066
3,021,581
Beans............................ .',390,102
In d ia n c o m .................31,070,< 70 17,845,114 23,187,534 20,436,532
F lo u r............................. 14,799,420 13.713.120 13,319,513 14,720,120
S u p p lie s a v a i l a b l e f o r c o n s u m p t i o n ( e x c l u s i v e o f s to c k s o n
S e p t e m b e r 1):
----------1894-95.
1893-94,
1892-93.
1895-96.
W heat lm p n rte d .c w t.45,410,270 48,357.163 40,807,265 41,710,451
Im p o rts o t floor____ 11,799,120 13.713.120 13,319,513 14,720,120
Bales of hom e-grow n. 11,470,612 15,907.071 18,975,629 19,692,399
........ 71,680,303 77,977,357 71,102,407 76,122,970
T o ta l.,
1895-96.
1894-95.
1893-94.
1392-93.
25a. 104.
Aver, p rice w h eat weeSc-25a. 7.1
21s. 44.
24a. 104.
26a. 34.
A verage p rlce,sea « o n -.2 o s. lcl.
199.114.
25a. 114.
T h e f o llo w in g s h o w s t h e q u a n t i t i e s o f w h e a t , f lo u r a t d
m a iz e a f lo a t t o t h e U n i t e d K i n g d o m :
Phis wee*. L ast wee*.
1895.
1894.
W h e a t.................or*.
3,680,000
2.120,000 2,050,000
3,499,000
376,000
F loor, e q u a l to q rs .
210.000
245,000
263,000
603,090
M aize................... q r s .
530,000
470,000
257,000
E n g l i s h F i n a n c i a l t l a r t t e t a —P e r C a b l e .
T h e d a i l y c lo s in g q u o t a t i o n s f o r s e c u r i t i e s . See., a t L o n d o n
a r e r e p o r t e d b y c a b l e a s f o llo w s f o r t h e w e e k e n d i n g M a y 39;
London'.,

Sal.

M on.

Wed.

Tkvrs

S ri.

am
1121*1,
U 21
101-75
15H
04^
17
78*4
49h
UN
SON
9<; >4
154
51%
71N
11H
99 q
U S
8
15N
53 N
8N
9N
29 N
8
18

31*4
U 3N
113-%
02*0*2**
15
61B
16N
78N
48N
14N
36'<
95
ISSN
SON
71 *4
lit*
09 H
UN
8
15 >4
53N
5 >4
9N
29 N
7N
17%

3 i Ne
113%
113%
10225
15
64 >4
16-s
78 N
48 q
14 >4
30
94N
153M
50%
71 *4
11 *4
99
14%
8
15*4
53%
5%
9%
29 N
7%
17%

Tuts.

3 iq
S ilver, p e r o * .....
31%* 3 H ,.
. . . 1127**
Oonaols, n ew , 2% p. ot*.
........... . 1 1 2 4
F o r a c c o u n t....... .........
F r’ch re n te s (In P arle)fr. 101*95 ......... . 01*474
la q
A tch. Top. A 3. P e .........
;
63 H
C anadian PaeiBo.
I7bj
C hesapeake A Ohio___
Chlo. Stllw. A 8 t P ath .
78V
10
Hen v. A Kto G ram ie, pfd
<
■ 14%
a
E r i e ....................................
| 37
do
l e t preferred
07 k
Ulihol* C e n tr a l...........
©
,
154
L ake S h o r e . . . . . .____ _
' 3 1 ‘i
Louisville A N ash v ille..
S4
71H
Mexican C e n tral 4 * .....
Q
Mo. K an . A Tex. c o m ....
11 tj
8. Y. C e n tral A H ad non
90*4
H
•
14%
N Y. O nt. A W e ste rn ...
25
3
N orfolk A W eet'n, p ref
8 <4
12
N orth ern Pacific, p re f..
534s
P e n n s y lv a n ia ......... ........
s
r 5%
Phil. A B ead., p er ah ar.
3
S outh ern By,, eu in . . . . . .
9*4
st
30 4
do
p r e f d .............
: 3
Crnon Paolfle,.................
' 18
W abash, p r e f ............
;

© o m ra e rc ta l a n d J & iscellattecu s
I m p o s t s a s p E x p o r t s f o b t u b W e e k . —T h e f o l lo w in g a r e
t h e im p o r t* a t N e w Y o r k f o r t h e w e e k e n d i n g f o r d r y g o o d *
M a y 31 a n d f o r t h e w e e k e n d i n g f o r g e n e r a l m e r c h a n d i s e
M a y 22; a ls o t o t a l s s i n c e t h e b e g i n n i n g o f t h e f i r s t w e e k
In Ja n u a ry .
r o a s t o n im po r ts a* » a w
1 893.

F or Weeks
t> y G o o d * ....,
O en’l merMt**.

j

1894.

*1,624,589
8,752,912

|

1896.
*2.563,091
8,551,864

*1,526,006
7,452,600

T o tal........... *10,377,501
*5,690,878; *9,114,955
Since J a n , 1.
D ry G o o d * ,.... *63.343.494; *63,124.439 1(31,509,635
O en’l iner’dtee. 203.318,942 136,175.943; 140.589,344

*8,979,208

*1,016,426
4,671,452

•52,203,109
141,272,774

T otal 20 weeks 8285,001,428 §171,300,372 $202,098,979 *193,480,943
T h e Im p o rts o f d r y g o o d s fo r o n e w e e k la te r w ill b e fo u n d
In o u r r e p o rt o f th e d ry g o o d s tra d e .
T h e f o llo w in g » a s t a t e m e n t o f t h e e x p o r t s ( e x c lu s iv e o l
■ p e c ie jf r o m t h e p o r t o f N e w Y o r k to f o r e i g n p o r t s f o r t h e
w e e k e n d i n g M ay 3 5 a n d f r o m J a n u a r y 1 t o d a t e :
ax p o a ra r n o u s a w t o e s fo b r n a w a s * .
{

97T

THE CHRONICLE,

May 30, 1896.]

1893,

|

1894,

|

1895.

P o r th e w eek .. i *3.973,146
$6,792,384! *7,200,542
P re y , rep o rted . | 1*27,372,885; 139,471,118 123,507,193

E xports,

Silver.

Week.

$1,016,650 520,434,835
873,389 12,928,946
515,815 15,368,320

T o ta l 1896.......
T o ta l 1895.......
T o ta l 1894.......

Wm CMS®..
Indie*......... -..a
Strath A m erica.
AH e th e r con n trie # , T otal 1898 . . . . . .
T otal 1 8 9 5 .......
T o ta l 1 * 9 4 ..........

Since J a n . l.\

$ 1 ,O66*OO0 5,112,288!
1,700,575 1 0 ,7 5 4 , 9 4 5 !
450,853
44.000
15.000

2,707,307!
I §,000

Week.

1,144
31,399
4,440

5 9 ,7 2 9
422,031
437,942
44,666

$36,983
53,734
9,330

$970 ,9 2 5
5 9 0 ,6 2 0
0 0 1 ,4 4 2

A u c t i o n S a l e s . — A m o n g o t h e r s e c u r i t i e s t h e f o l lo w in g , n o t
r e g u l a r l y d e a l t i n a t t h e B o a r d , w a r e r e c e n t l y s o ld a t a u c t i o n :
B y M e ss rs . R . V , H a r n e t t & G o .:
Shares,
Shares.
75 W est Side C onstrue. Co.,
1 N. Y. Law I n s t i t u t e ........$82
Bonds.
T m s t Co. c e r ts ................ 63
500 M etro p o litan W est Side
$300,000 M etrop. W est Side
Kiev. R R .......................... 21
E lev. RR. Co. 1 st 5s, 1 942. 70

By MiB ears, A d r i a n H , M u l l e r & S o n :
Shares.
Shares.
140 T ro tte r A P a c e r Co.......$20 lo t
2 U nited S tates T ru s t C o ..830*
20 H e n ry R. W orthington
60 Irv in g Nat. B a n k ........... 1 4 1
4 Corn E x eh B a n k ............286
Co., p re f............................ 7 2 q
10 R eal E sta te Ex. & Atio21 M eehanios’ N at. B a n k .. 190%
tltm Koom.“ L ltnU ed” . . 70
35 S eaboard Nat. B a n k ....... 173
20 A m erican T ype F o und­
14 B rooklyn B a n k .................1 5 8
ers' Co., p re f.................... 2S%
12 A m er. F ire Ins. C o ......... 9 9
Bonds.
48 H om e Ins. C o ..158% a n d 159
5 C onsum ers' B rew ing Co.140
$4,000 C onsum ers’ B rew ing
40 N at. C itizens' B a n k ......... 130
Co. 6s, 1901. J & J , (Ex50 W arren RR. Co ........
164>s
J u ly , 1896, coupon)............. 101
490 F rench M lrr-jr P la te Co.
$3,000 M a rietta A No. G. Ry.
of N. Y., $ 1 0 e a o h .$ l 95 p. sh.
Co. 1st cons, b o n d s......... $25 l o t
50 Gswejto A S yracuse RR.
$4,000 S tu ttg a rt A Ark. R iv,
(guar, by D. L. A W .1...20X
RR. 1 st 5s., J a n ., 1695,
80 T rad esm en ’s N a t B ank 90
coupons o n ............................ 60
10 N at. B ank of C om m erce.205
$6,500 Long Island W ater
750 A m er. D ouble P ic k F ab ­
S upply Co. 2d 6 s ....... 94 a n d lilt.
rics Co................... ...$ 1 5 0 lot $156 N at. Cord. Co. tr u s t
8 U nion T ru st Co------------ 830
liq u id atio n c e r t....................
5

City Railroad Securities—Brokers’ Quotations.
Bid.
Bid.
CTirist’p’rA lO th 8 t —8tk.
Aslan. Ave., B 'k lrn —
Con. be, g., IB31..AA0 4io&%
1st mort.,1898...A<feO
im pt. 6s. g„ 1634.. JA J
D. D. BL B, & B a t'r—Stk. 164
88
Block. St. A F o l-F .-S tk . 2,3
SO
I bU *old, 6», 1932.J&D
I*tm ort..7*.10OO.JAJ 1106 n o 1 B o r i n ...........----- . ... t i t
Brooklyn Rapid T ranatt, 25
25 V Eighth Averrac—S tock...
B' way A7th Ave.—Stock. 180 196
Scrip, 0a.
*C
8 1 4...........
OWlft
UO. A
. . . . . . . . ns
latm o rt.,5 s, 1604.1 AD 4104Si 106 q 42d A Or, St. For,—Stock 316
420 8L Man. <fe BLN. A t .
2<1 m ore, S*, 1914. J A J {108
B 'w »yl*t,5s,*n»r.l924 1114
1st inert. 0s» 1910.MAS
2d mort. Income 0a. J&J
2d 5s,tnt.»a re n t'1.1806 1104 108
Consol. 6«, 1943...JA D H 7 q 118 Lex. Avo. A Pa v. Ferry 5a.
Brooklyn City—Stock.... 169 170 Metropolitan T raction... 108
Consol. 5», 1941...JA J 118 115 Ninth A venue—S tock... 167
B klrn.eros«t’nS s.i908 103
Second Avenue—Stock.,
l e t mort., 5», 1909. MAN tog
Bkl'a.Q'n*Oo.ASab.la». 90 1i W
D ebenture 5»t1000.J <fcJ 101
Bklyn.O. A N 'T rt'w n-S tki 170 190
112 Sixth Avenue—S to ck .... 194
.................. {110
S», 1939.
It
B 'k ly n T r a e ., 2d a s s ’tp il.: 12
T hird Avenue—Stock?... 170
48
P r eferr ed ..........................
47
l e t mort,, 5s, 1937.JA J
Central t,'ro-»town -Htk. 162
Twenty-Third St.—St’k.
le t M..6». 1832... MAN 4117
Deb. 5a, 1903........ .
Cen.Pk. N. A R.B1T.—8tk. ( 160
Union By—S tu c k . . . . . . . . f
C o m al 7e, 1902...JA D 114 116 f 1st 5a, 1942 ................... §10*2
Colombo* A 9th Ave. B*.1 113A 111
W estcheet’r, lafc,gu.,5s. U00*ii

166

*

io T
330
60

116%
18

100

iff
IT T
121 ^

w

$

5 A nd accru ed In te re s t
x Ex-divldend.
O a s S e c u r itie s — B ro k e rs Q u o ta tio n s ,
GAB COM PANIES.

I Bid, A sk .

GAS OOMPANIBS.

B id.

B'klyn Union Qm —Stock. 91 *a 02*8
100
Bond*..............................

ll°6

nr*

175

iFulton Mimioip&l 6a__ 106
80* E aul ta b le .... . . . . . .......... .
Consumers’ (Jsrsey City).
a io *
B on d *................................... m i 101 i B on d s, 0a, 1 8 9 9 ............. .
Jer»ey C ltf A Hoboken.. 180
St, P a u l . . . . . . . . . . . . ........ T '*
M etropolitan—
'
' tan—Bond*....... 108 110
Bonds, 5 b,.__ . . . . ......
240 iStandard p r e f...........
M u tu a l (N . Y.
JS
NS*. ix.. «•
A X
ES.JW
a sJIt R
* iv . 1 s t 5a..i 103*8 104 | C o m m o n ............___
m
70
78 W estern Gaa..................... .
06
Common...
30*8
Bonds. 5 b. . . . . . . . . .... . . § 8 9 * , {!!
92
U"
OonaoL 6a
{ And accrued interest.
* E x right*.

C en tra l.......................... .......

gauhtufl and Iflnancial.
Spencer Trask & Co.,

•8,043,701
142,826,743

BANKERS,
*7 & 2 9 P IN K S T R E E P ,
65 Stale Street, A lbany,

IN V E S T M E N T

NEW

YORK.

SE C U R IT IE S .

S a m u e l D. D avis & C o .,
BANKERS,

Since Ja n . 3.

W**ms ,m»e *11,130,033
2,164.948
207,265
9,100
3,035,940
183,916
3,717
1,060
100,037
16,414
.............

Since J a n . 1
$6,557

99,028
485

T o ta l 20 w eek , '*133,546.0301*146,263,512 *135,707,735 *150,875,444

Week.

Week.

$665,650 $17,982,416
2,048,626
51,000
6,285
297,996

G reat B r ita in ......... .
F ra n c a .......................
G erm an y ......... . . . . . .
West In d ie s.............
Mexico......................
Sonth A m erica....... .
All o th e r countries

1896.

T h e f o llo w in g t a b l e s h o w s t h e e x p o r t* a n d i m p o r t s o f s p e c ie
a t t h e p o r t o f N e w Y o rk f o r t h e w e e k e n d i n g M a y 23 a n d
s in c e J a n u a r y 1 , 189fl, a n d f o r t h e c o r r e s p o n d i n g p e r io d s in
1895 a n d 1894;
b xpouts a im im po st s n r v p x m a at a t * r o a r .
E xports,
Im ports,

Im ports.

Since J a n . 1.

N O . 4 0 W A L L S T ., N E W Y O R K .
S a m u e l D , D a v is ,

Ch a s, B, V an N o stra n d ,

G aoB oa Ba b o ia t M orrA T.

*2,759,575 *30,819,513.
*13,877*18,118,553
4 4 8 8 34,201,349 1,21
3 10,852,823 3 0
4.431,375 i l ,- U ,3 5 '(
77.0681 7,803,131 (

A haX A N pait M. w r i t * l a

M o f f a t

& W

h i t e

,

BANKERS
P I N E

S T R E E T ,

-

-

N K W Y O B K

INVESTMENT SECURITIES,

978

TH E

g lu e

C H R O N IC L E .

J g a u fe je r s' © a l e t t e .
U 1 V I H E N D S .

Nam e o f Company,

Per
Cent.

ltn flro a d * .
B o sto n & M ain e , co m . (q n a r.)___
C levo. L o ra in A W heel., p r e l........
D e l.
H u d s o n C au a l ( q u a r .) ....
M ain e C e n tra l (q u a r.)....................
3DU88
Hsi. i i b * .
B a n k o f th e M e tro p o lis ..................
iV liM c e lla rie o tift.
C o n so lid a te d G a s o f N .Y . (q u a r.)
L a c le d e G as L ig h t o f S t. L .t p re f
do
do
p re r. (e x tra ).*
W e s t E n d S t. R y „ B o sto n , p r e f .

Ik )
1
1%
lk )

When
Payable.
J u ly
June
June
J u ly

1 M ay 3 0
15 J u n o 5
15 M ay 2 8
1

6

June

1

2

Ju n e
Ju n e
J u ly

15
15
1

V\

4

B ooks closed.
(Days inclusive.)
to J u n e 4
to ] J u n e 15
to J u n e 15

W A L L S T R E E T , F R ID A Y , M A Y 2 9 . 1 S 9 6 - 5 P . M .

t h e Money Market and Financial Situation.—Nothing
has occurred during the week to stimulate activity in Wall
Street business. The same general conditions have prevailed
which were noted last week, and in addition to these the
unusual number and violence of the storms which have
proved so destructive to life and property in the W est have
had a depressing influence.
There is reported to be a good demand for first-class invest­
ments in London. Consols are active and higher, and Eng­
lish railway shares are quoted as “ booming,” while Ameri­
can securities are heavy and neglected. Foreign loans which
were mjide here during the period following the last Gov­
ernment bond sale, when high interest rates prevailed, are
now maturing, and in many cases are being paid off. This
is one reason for a steady demand for foreign exchange. The
export movement of gold has been heavier than it was last
week, and amounts to $4,600,000, including $1,800,000 which
w ill be shipped to-morrow.
In railroad circles considerable importance is attached to
the decision of the United States Circuit Court, announced
on Thursday, sustaining the validity of the Joint Traffic
Association agreement. This decision w ill doubtless stimu­
late the efforts now being made to keep the most important
industry of the country on a paying basis. One of the hope­
ful features of the situation to-day is the condition of the
growing crops, which, according to latest reports, is above
the average for this season of the year.
The money market is inactive and heavy. Funds are ac­
cumulating in the banks and rates have further declined.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1% to 2 per
cent. To-day’s rates on call were 1% to 2 per cent. Prime
commercial paper is quoted at 4@4% per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £41,219, and the percent­
age of reserve to liabilities was 59’34 against 58-39 last
week ; the discount rate remains unchanged at 2 per cent.
The Bank of France shows an increase of 6,825,000 francs in
gold and 2,100,000 francs in silver.
To-morrow being Decoration Day and a legal holiday, the
Clearing-House bank statement was issued to-day. It shows
an increase in loans of $1,756,000 ; increase in circulation of
$75,300 ; increase in deposits of $1,832,900 ; increase in specie
of $914,500 ; increase in legal tenders of $72,900, and an in­
crease of $529,175 in surplus reserve. In the following we
give the figures for the previous week in our usual form in
order to preserve the record.
1896.
M ay 23.

D iffer erf sfrom
Prev. week.

C a p i t a l ..................
B n rp ln s ............ ...
L o a n s & diso ’n is .
C ir c u la tio n ..........
N e t d e p o s its ........
S r e c ie .....................
L e g a l t e n d e r s ___
R e s e rv e h e ld ........
L e g a l r e s e r v e ___

$
1
$
6 1 ,1 2 2 ,7 0 0
..................
74,138,8001
..................
4 7 3 ,4 0 0 ,4 0 0 D e e .3 ,0 5 8 ,0 0 0
1 4 ,5 2 9 ,8 0 0 I n c . 1 4 7 ,0 0 0
4 9 7 ,0 4 1 ,2 0 0 D ec. 9 5 2 ,1 0 0
6 1 ,5 4 1 ,5 0 0 I n c . 1 ,4 2 7 ,2 0 0
8 4 ,4 2 0 ,3 0 0 I n c . 1 ,4 5 8 ,3 0 0
1 4 5 ,9 6 1 ,8 0 0 I n c .2 ,8 8 5 ,5 0 0
1 2 4 ,2 6 0 ,3 0 0 D ec 2 3 8 ,0 2 5

S u r p lu s r e s e r v e

2 1 ,7 0 1 ,5 1 0 T n o .3 ,1 2 3 ,5 2 5 '

1895.
M ay 25.

1894.
M ay 26.

'$

35
5 9 ,9 2 2 ,7 0 0
7 1 ,5 4 5 ,1 0 0
4 6 6 ,7 7 6 ,9 0 0
9 ,9 9 1 ,0 0 0
5 7 4 .1 9 8 .8 0 0
9 9 ,7 2 4 ,6 0 0
1 2 1 .4 2 6 .8 0 0
2 2 1 ,1 5 1 ,4 0 0
1 4 3 ,5 4 9 ,7 0 0

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

39,975,15ol 7 7 ,6 0 1 ,7 0 0

Foreign Exchange.—The foreign exchange market has
been steady to firm and the supply, consisting largely of gold
bills, has been readily absorbed at full rates.
To-day’s actual rates of exchange were as follows: Bankers’
sixty days’ sterling, 4 87%@4 87%; demand, 488%@4 88%;
cables, 4 88%@4 89.
Posted rates of leading bankers are as follows:
M ay 29.
P rim e b a n k e r s ’ s te r lin g blH s o n L o n d o n ..
P r im e c o m m e rc ia l............................................
D o c u m e n ta ry c o m m e rc ia l.............................
P a ris b a n k e r s ’ (f ra n o s )...................................
A m s te rd a m (xuilderB) b a n k e r e ...................
F r a n k f o r to r B rem en (re ic h m a rk s ) b ’k e rs'

S ixty Days.
4
4
4
5

The following '‘■ire the rates of domestic exchange on New
York- ; ti.cm der-mentionedcities to-day: Savannah, buying
1-16 discount, selling par ; Charleston, buying par, selling \C
premium ; New Orleans, bank, $1 50 premium ; commercial
25c. per $1,060 premium; Chicago, $1 per $1,000premium; St.
Louis, 30c.@50c. per $1,000 premium.
United States Bonds.—Sales of Government bonds at the
Board include $268,000 ‘Is, coup., 1925, at 116% to 116%:
$14,000 4s, reg., 1925, at 116% to 117; $7,000 4s, reg„ 1907, at
108% to 109; $6,500 4s coup, 1907, at 109% to 110: $5,000 5s,
reg., at 112%, and $20,000 5s, coup., at 112%. The following
are the closing quotations :
Interest M ay
P eriods 23 .

to

* O n a o c o u n t o f d e f e r r e d p a y m e n ts .

88 ® 4 88%
8 7 ® 4 87%
86 k )® 4 86%
163te ® 5 1 6 %
40316® 40%
95% ■•955,„

Demand.
4 8 9 k )@.4 9 0
5 1 5 -®5 1 45I6
4 0'‘ ig'®40*2
9 5 U i*® 95%

I V ol, I.X II.

28, ........................ reg.
4 s, 1 9 0 7 .. . . . . . . r e g .
4 s , 1 9 0 7 ............coup.
4 s, 1 9 2 5 . . . . . . . .re g .
4 s , 1 9 2 5 ........... co u p .
5 s, 1 9 0 4 . . . . ....... reg.
5 s , 1 9 0 4 ............co u p .
6 s, o u r’o y /9 7 . .re g .
6s, o u r ’e y ,’9 8 . . . reg.
68, o n r ’c y ,’9 9 .. .re g .
4s, (C her.) 1 8 9 6 .re g .
4s, (C her.) 1 8 9 7 .re g .
4s, (C her.) 1 8 9 8 .reg.
4s, (C h e r.)1 8 9 9 .re g .

M ay
25.

M ay

M ay

26.

27.

9 4 ^ * 94*2 9 4 * f 9 4 *
*LOs% 109
ios%; >108%
n o .*109*4 *109*4 110
1163* 1*116* H16*S
117
1 1 6 V 1163* * 1 1 6 * 116»«
1 1 2 * 1 1 2 * *112% r 112%
11234 * 112
1 1 2 ’8 '112%
1 0 3 * * 1 0 3 * 1035s '1 0 3 *
106 *106
106
*108*4 *io->*4. 10a

100
100
100
100

,*100
*100
*100
*100

*100
100
100
100

'1 0 6
108

100
'100
100
100

M ay

M ay

28.

29.

* 94*2
*108%
*109*4
*116*
116*

* 94*3
*x07%
109*
116*
116*

*112% *112%
*112% *112%
* 1 0 3 * *x00*3
*106*4 * x l0 3
* 1 0 8 * *x05%

*100
*100
*100
*200

*100
*100
*100
*100

* T h is is t h e p ric e b id a t th e m o r n in g b o a rd , n o sale w a s m a d e .

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

Receipts.

23
25
26
27
28
29

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

T o ta l

1 6 ,5 0 2 ,9 4 4

M ay
“
41
44
44
44

P aym ents.

Coin.

2 ,7 4 9 ,6 5 2 1 1 2 ,5 2 4 ,6 6 4
2 ,3 4 3 ,1 8 9 1 1 0 ,3 3 ^ ,9 8 2
3 ,7 0 7 ,9 4 4 1 1 0 ,7 0 4 ,8 0 2
2 ,7 6 3 ,9 9 3 1 0 9 ,4 0 0 ,3 9 0
2 ,8 6 0 ,0 2 6 1 0 9 ,0 1 3,.h4 9
4 ,0 0 2 ,1 4 9 1 0 8 ,3 8 6 ,5 1 0

Balances.
Coin CerVs.

Currency.
S

1 ,763,255!
2 ,0 3 2 ,2 4 3 '
1 ,8 1 2 ,4 9 0
1 ,8 4 3 ,0 5 9
1 ,8 4 7 ,l 1?6
1 ,8 1 0 ,1 4 9

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

1 8 ,4 2 6 ,9 5 3

Coins.—Following are current quotations in gold for coins :
S o v e re ig n s .............$ 4 89 ® $ 4 92
N a p o le o n s .......... 3 8 6 'dt 3 9 2
X X R e ic h m a rk s . 4 8 0 'ct> 4 86
25 P e s e ta s ............. 4 7 5 ® 4 80
8p a n . D o u b lo o n s.1 5 55 'fit15 75
M ex. D o u b lo o n s .1 5 5 0 ^>15 75
P in e g o ld b a r s . .. p a r ® *4 p re m .

F in e s ilv e r b a r s .. . — 68* ® — 69*3
F iv e f r a n c s .............— 9 0 cb — 95*3
M e x ic a n d o lla r s .. — 5 3 *4® — 54
D o u n o o m ’o ia l.. — 5 3 *4® — 5 4
P e r u v ia n s o ls ........— 4 8 'W — 4 9 *3
E n g lis h s i l v e r . . . . 4 8 0
4 yO
U . 8. t r a d e d o lla r s — 65 ® — 7 5

State and Railroad Bonds.—Sales of State bonds at the
Board include $90,000 Virginia fund, debt 2-3s of 1991 at
61%.
The railway bond market has been dull and weak. The
absence of investment demand at home and the indifference
towards all American securities abroad have contributed to
the above result. The Atchisons have led in activity but
declined. Northern Pacific and Reading bonds have been
relatively strong on limited offerings. Brooklyn Ele­
vated and Union Elevated issues have been conspicuously
weak, having declined 11 points and 5 points respectively;
but each recovered 2 points to-day. St. Louis & S. F. con.
4s have dropped 5 points within the week. The active list
includes, in addition to the above, Ches. & Ohio, Mo. Kan.
& Texas, Rio Grande Western, Southern Ry., Texas & Pacif­
ic, Burlington & Quincy, Minn. & St. Louis, Union Pacific
and Wabash bonds.
Railroad and M iscellaneous Stocks.—Extreme dulness
has prevailed in the stock market, and as a result of the
inertia prices for the active railway shares have declined an
average of about 1 point. The internationally-listed shares
have been very poorly supported until to-day, when London
prices came higher. Burlington & Quincy’s April state­
ment was disappointing, which caused some liquidation
of the stock, and it has declined about 2 points. North
West, has been a strong feature, selling on Wednesday
within a fraction of the highest price recorded this year.
Other granger stocks have generally followed the course of
the market. Manhattan Elevated has not retained the ad­
vance noted at the close last week, closing to-day at 104, a
loss of 1 point.
Almost without exception the industrial list has declined.
American Sugar has again furnished a large proportion of
the entire trading at the Exchange and had lost 3 points
on Thursday, but has recovered 2 points to-day. United
States Leather was weak on the absence of a quorum
at the director’s meeting, at which it was expected some
action would be taken in regard to the dividend. The gas
stocks have all declined, the movement in Laclede being
stimulated by news of the great storm, and it has lost 4
points. Consolidated dropped 2 points on reports of new
competition.
The market for both bonds and stocks has improved to­
day on higher quotations abroad, the possibility of an early
adjournment of Congress and some covering of short] con­
tracts.

THE CHRONICLE.

May 30- 1896,]

979

NEW YORK STUCK EXCHANftE-A OT/ra S T O J K 3 f o r m i h ending M A T 3 9 , a n d since JA M . I , 1S98.
H IG H E S T AHD LOWEST PRICES.
S a tu rd a y ,
M ay -23.

M onday, i T uesday,
M ay 25. | M ay 26.

W ednesday, T hursday,
May- 27. ' M ay 28.

F riday,
M ay 29.

STOCKS.

Sales of,
R ange for y e a r 1896.
th e
[ On basis o f ioo-share tots, 1
W eek, -------------------------------- ------- :
S h a re s.: L ow est.
H ighest,

A c t i v e K l { , .S to c k s .
3,934 12% dan. 7 17% F eb. 24
15U
153g 15
1314' I d ’s 15
14% 14’ai 14% 11% 14% 15% A t,T op. & S.Fe, allin sta l. paid
2,656 19% Ja n . 7 28% Feb. 24
23%:
Do. pref., w hen issu e d ..
23%
23% 23%
23% §22% 22%,
22% 225% 22
22% 22
200
%
% A tlan tio A F a o illc ....................
% Jan , 7
% Feb. 0
*%
% ’8
%
‘ % %.
*;*S %
%
1,895 13 M ar. 6 44 J a n . 27
18%
18% 18%
1S%
§13 18%
17% 18 17%. 18
__
’ 17% 18% B altim ore & O hio.....................
1,631 20% M ar. 25 25% Apr. 23
24%
24% 24%
24%
25 25
§25
25% '2 4
23
*24
25 B rooklyn R apid T ra n s it.........
200 52 J a n . 4 62% M ay 27
63%; *61% 62%: 62% 62% *83% 63% ’ 62% 63% C an ad ian P ao ilte.....................
*61
63%: *61
500 45% J a n . 7 51% Feb. 10
51 ! 51
51 : 50% 50% '50% 51
'5 0 % 50% C anada S o u th ern .....................
51% 51% 51
403 64% Ja n . 7 109% A pr. 23
105% 106% §105
105 106 108 ;*105 106 | 105 105% §105 105 C en tral of S ew J e rs e y .............
14% Ja n . 9 15% F eb. 15
-14%. 15% '14% ia % ; *14% 15% *14% 15% 14
1 5 % ;'*14
15 C entral Pacific...........................
*1 0 % 17
1 6 % 16%
10% 16% *16% 10% 16% 16% 16%
1 6 % C hesapeake A O hio..................
1 ,2 1 0 13 J a n . 7 18% A pr. 23
1 7 1 5 5 A nr. 2 155 A pr. 2
•157 ......... i’ 157
...... . ‘ 157 ...........*157
159 §153% 153% *157
159 Chicago & A lto n . .
79% 30%
79% 30% 73% 79% 78%
79% 77
78%: 77%
78 Chicago B u rlin g to n & Quincy 38,933 71% J i n . 7 82% A pr. 24
*41 43 : 41
43 ; *41
43 , *41
43 , ' l l
43
*41
43 Chicago * E a ste rn Illin o is ...
.........! 40% Apr. 13 43 Ja n . 18
•98 99%' '98
99% *98
99% *93
99% §99% 99% *97
99
Do p re f. 25: 9 8 Ja n . 23 100% M ar. 5
7,8 78%
77% 78% 76% 77% 76%
77% 70
7U%; 76% 76% Chicago M ilw aukee & St, Paul 54,795 63% Ja n . 7 79% A pr. 28
1,318
Ja n . 7 130% Mar. 2
128% 128% §128 123 *127% 128% §128 % 128% 127% 127%1 127% 127%
Do
p ref.
-------- 125
2,870
9 4 % Ja n . 7 106% A pr. 23
105% 106% 105% lo6% 105% 105% 105% 106% 105% 105% 105% 105% Chlcago & N o rth w e ste rn .......
*148% '*
150 “ 1 4 6 % ............................................... ........... *148
150
.....................
Do
p re f.
142 Ja n .
149% A pr. 27
70%
69% 70% 69% 69% 69%
70 | Ohlcago Rock Isla n d A Pacific
74% Feb. 24
62 Ja n .
. . 71%. 70% 71 . 69% 70%
43% 43% 43% 44% 43
•.............
43
43% 43% 42% 43 % *42% 43 %!Chicago St. P aul M inn. A Ora.
45% Apr. 27
31% Ja n .
Do
124%
Feb. 25
121% 124% *124 125 *124 125 *124 125 -124 125 ,*124 125 I
117 Ja n .
p re f.
34% 34% 33% 34 ! 34
35
34% 34»* 34
34% 34% 31% CleY6. Cinein. Ohio. A St, L..
39% Feb. 10
31 Ja n .
Oral, si
§85% 85%
___
Do
pv.nof
re f.
85 A pr. 16 90% Feb. 20
*15% 17% 115% 17% •15
16
17 1 16
16
17% *15
1 6 C oiam bus H ocking V al. & Tol
15 Ja n . 7 18% Ja n . 23
*53
00 ’ *53
60 1 *53
Do
*53
60 j -53
60
60
5*3
00
p re f.
53 M ay 22 55 M ay 22
§126
128 127% 127% 127
127% ix t2 3 % l2 5 % il2 6 126 *124% 126% D elaw are A H u d so n ________
119% Ja n . 7 129% Feb. 11
160% 101% *101
|1 6 1 181% *100 181
*160 161% '160% 161% |D elaw areL aokaw annaA W est
155% J» n . 7 164% J a n . 31
.................... .................... .................... I *12% 13% .............................................. D o u rer A Rio G r a n d e ..............
12% A pr. 16 14 Feb. 4
47% 47% 47
47
47% 47%
Do
p re f.
48% 48% 47% 46
§ 17
47
885 40 J a n . 7 51 F eb. 24
14% 14% 11
14 I §14
14 E r ie .
14 M ar. 24 15% M ar. 12
,14% 14%! *14% 144
' ....... . 37% .................... 536
....................
35% 35% ‘ .........
Do
1 st p re f.
35% M ay *28 11% M a r.t 7
30
Do
2d p re f.
*......... 23 ........................■ ........
20% M ay 14 25 M ar, 18
§29% 29%; -30
31
*30
it'd " " s i " ; *30 ’ i n '
25 J a n . 15 34% Feb. 34
31 E van sv ille A T e rre H a u te ___
TH> 124 1 115 124 *118 124
120 120 *118 124 *118 121 G roat N orthern, pry*.
108% M ar. 13 121 M ay 7
97
*90
97 f 92% 92%: >93% 93%: *91
93 Illinois C e n tra l.
89% Ja n . 8 98 J a n . 31
*96
97% •95
8 % 'lo w a C en tral.
8 % *8
*8% 8%
"*
8%
*8
7% Ja n . 7 10% F eb. 7
*9% —
8%:1
*8% 8%
33 s# 33% *33
32% 32%
Do
31
*32
34
33% 33% §31
35
25 J a n . 6 38 A pr. 28
10
18
18% 19% 18% 18%: 18% 18% *17% 18% 18% 1 8 % L ake E rie * W estern.
17% Apr. 11 22% Feb. 5
72
7*2
71% 71%:
Do
71% 72% .70% 7 0 %; 71% 71%: *70
73
64% Ja n . 7 75 F eb. 7
150% 150% Lake S hore A M ioh.3ou
149% 149% 150 150 ; 149 149 ; ID* 151 *149% 151
134% Ja n . 7.160% A pr. 28
•79** 81
70% 79% Long I s la n d ...................
*79% 81
100; 7 9 % M ay 29 84 Ja n .
*79% 81 .‘ *79% 81 ! *79% 81
50% 51%
49
49% 49% 50 :Louisville A N ashville.
25,238 39% Ja n . 7 55% Feb. 24
9AA
nr£~
Tn*,
200
•9% 10
9% 9%
9
9% u w a sv . Hew A lbany A C hlo..
*8% 9%
*9% 10
7% Ja
u . 8Q 10% Feb. 18
9% 9%
*20
21
100 16% Ja n . 6 24% Feb. 13
21
*20
21
*19
21
20
20 ; *20
19
21
Do
prof.
100
107%
28,976 9 6 % Ja n . 9 113%
. _ Feb. 11
,109% 109%
988 92 J a n . 6109% M ay 25
104 106 .*107% 108% 'M etropolitan T ractio n .,
420 93 M ar. 23 97% Feb. 11
*91
97 , • a t
99
94
08
85
90
90% 96 %! M ichigan C e n tral.............
100 17 J a n . 8 21% Feb. 21
19% 19% * 1 9
*18% 20
*14% 20
*18% 20 M inneapolis A St. L ouis.........
2 0 ! '1 8 % 20
*78
80
*78
80 ; -70
80 .
Do
1st p ref.
*78
8 0 i 78% 80 ! *78% 80
72 Ja n . 10 83 F eb. 21
48 %
*44% 49% 48
44 : *47% 48
48% 47% 47% *47
49
Do
2d pref.
40 J a n . 7 53% A pr. 22
•11% 12
10% J a n . 6 13% Fob, 21
,11% 11% *U>4 11% 11% 114*1 11 , 1 1 % *11% 1 2 % M lgsourlK ausaa A T e x a s .......
25% 25% 25
26
*25% 25% 25
25% 21% 25% 35% *23%:
Do
p ref.
22 J a n . 7 31% Feb. 25
25% m
25% *26% 2 5
20% Feb. 4 29% A pr. 24
23% 21% 25% 21 v 2 i% 34% 23% Missouri Paolflo.........................
*21
23% *21
23
*20
20
20% 2 0
21% 'M obile 4 O hio.............................
2 3 i *31% 23
18% May 11 25 Ja u . 11
•00
85
-68
S5 “88
85
*68
«5 H ashv.C hattanooga& St. Louis
*68
8 5 1 *68
83
>
45
New E ngland
43 M ar. 23 51*4 J a n . 28
......... 45
45 i
*90% 97% 98% 96% §97* 9 7 ; §90% 9 7 1,
06% 96% 90% 90% New Y ork C e n tral A H udson.,
93% J a n . 7; 99% F eb. 10
*1 2 % 14
11 Ja n . 2 15 J a n . 22
*13
*13
14
*13
11
*128. 14
*12% 14 Hew York Chicago A St. Louis
14
*76
80
Do
7 1 % J a n . 17 80 J a n . 22
80 ! IB
HO
*70
80
*78
80
1 st p ref
*76
9 0 j *76
*31
32
Do
33%
2d p ro f.
28 J a u . 17 35% A pr. 13
*31
33% *31
33% *31
33
*31,
33% *31
174% 174% 174 170 §174% 175
184 t 7 o Apr. 30 186 Feb. 10
1,300 1 2 % J a n . 7 15% J a n . 31
14% 14% 14% 14%
“
14% 15
*14% 14% 14% 14% ' 14%
*8% 9%
4101 7 % Mar. 20 1 1 % J a n . 31
9 Hew Y orkSusq, A Week, new.
9
9
59% »%
*9% 9%
§0 % 0
*0%
25
25% 25
1,100 21% J a n . 7 31% Feb. 6
25% 24% 23
21
Do
pref.
24
21
23% 23% 24<>
2501 Ce Apr. 29
3 Feb. 21
2%
2 Horf.A W estern,1st insr.nl. jid
2
*2% 2%
*1%
2
2%
*8% 8% r
345 t*% May 8
9% Fob. 5
8%
7%
7%
Do p ref.,tr.etfa. 1st ins.pd
H% §8% 8%
7%
8 I
1%
%
8,142
) % M ay 23
5% May 27
0% N’or. I'ae., 1 st io a ta lm 't p a id .
5%
4%
5% P
5%
♦**
5%
% pH
112
12
Do pref., l a t lu s ta l. paid
n%
7,237 1 10 A pr. 16 117% M ar. 9
12% 15
15% 15% 15%
15% 15% 15% 15%
•u
20
•14
2 0 : ‘14
20
*14
......... 1 1 0 Fell. 18 22 Apr. 14
u r.R y A N av .u o . roc. asst, pd.
20
*14
*14
20
7%
,
O
r.S.L.A
U
.H
o
r.re
o
.ls
titn
.p
d
.........I 3 % Apr. 14
8% Fob. 24
7%
*4
6
-5
7
11% n %
iT * n %
:
hit 1st Inst. p d .
,1
J >11. 7 13% J a n . 31
10% U
10% u %
9%
16% 1 0 % n s
18
*13
10
P
ittsb
u
rg
C
in
n
.
Chlo.
AMt.
L.
200
14%
Ja«
18%
Feb, 7
18
*15
16%
r10% 17
88 52 Ja u . _8| 59 Feb. 27
*53% 50% 03% 50% §53% 54% •93%
Do
_
pref. |
18
16
I
....................
P
ittsb
u
rg
A
W
estern,
p
re
f........................
17
J
a
n
.
15
20%
J
a n . 31
15 *
15
15
16 Feb. 8 18% F eb. 10
Rto G ran d e W estern
*114% 11«
4 114 M ar. 3 0 1 1 8 J a n . 3
14 114 *114% 110% *iiT %
*54
5 9 ; *54
513 57
J a n . 29 80%
~ Jan . 3
SO I 58
59 S t L ouis A l t & T orre H a u te . I
58
58
•.56
59 . 59
58
*4% 5
6% Feb. 7
160: 4
Jan . 7
4% 4% r it Louis S o u th w este rn ........... j
5
h %
5 : *4%
*4 % 5
*4 % 5 |
§10% 10% *10% 11
104 9
J a n . 6 13 Feb. 26
Do
pref.
*10% 11 : 10% 10%
10% u
*10% u
*23
2 5 i *23
60 24
M ay 5 27% Feb. 24
25% 8 t P au l A D u lu th .....................
25
25%
26% *23
13% 32% *23
*85
90
20 90
Feb. 4; 91 Feb. 10
*85
90
90
Do
p re f.’
85
90
90. 1 *03
§57
87
*85
115 U S ; U S 117
203
110
J a n . 22 115 Ja n , 11
*112 117 8 t P au l Minn. A M a n ito b a ...
12 117 *113 117 *112
19% 19% 1 9
2,090. 18% M ar. 24 22% J a n . 14
19% 19% S o u th ern Paolilo Oo...........
19% 19
19% 19
19% 18%
9%
9%
9% so
! u th e rn ,v o tin g t r u s t o e r tlf.! 3,000; 7% J a n . 8, 11 Feb. 0
0
90
9%
9% 9%
9%
0%
9
2s
% 20%
29% Do pref., voting tru st, o ert. 12,909 23% Ja u . 7i 33% F eb. 25
20% .3.1 | 29% 30%: 29% 3 0 : *2.8% 29%! 23
28% 29%:
26%'
•*
'*
-* Pacific
- ■*'
595 7% Ja n . 7 ; 9% Feb. 25
*8
8%
8H T
A
8%
8%
!8
8
'” exas
B
*8
8%:
8
H \
......... 38 May 6 35 May 6
*32
37 J *32
37 §Toledo A Ohio C entral
37
*32
37
*32
37
*3*2
37 : *32
.........
75 Apr. 0 75 A pr. 0
*73
77
73
77
*t
Do
p ret
*73
77
*73
77 i *70
74 ; *70
71
3,475
3% J a u . 7 : 1 0 Apr. 21
6
8%
7%
7 Ts 8%
*7% 8 1 7 % 7% ’ 7% 7% Union PaeiBte tr u s tr e c e ip ts ..
7%
*3%
150
3% Ja n . 7
5% Feb. 13
4
*3% 4 1 3%
*3
3% Union Paolilo D enver A G ulf.
*3
3%
*3% 4
3%
600, 6% J a n . 7
7% Feb. 24
7%
7%
7% 7%
*7% 7 %; *7
7-V *6% 7%' *6% 7% W abash........................................
4,035
14%
Ja
u
,
7;
19%
Fob. 24
17%
18% 18%:
18% 17% 17% 17% 17V 17
17%
Do
pref.
17%: 17%
10% 1 0 % 10
8% Mar. 19 13% Feb. 14
10%
:»% 10 W heeling A L ake E rie ............. 20,690
9% 10%
0% 10%
9% 10%:
315
31%
Mar.
19
40%
Feb. 13
87%
37
87 1 37%
37% ;
Do
pref.
37% *35
36% 36% *35
3 7 % 33
.........
2% Apr. 2
4% Feb. 24
2 Wise. Con. On., voting t r .e t f s .
*1%
3 )
.......
* 1 % 2 f *1% 2 \ *1%
V t t e c e U & n c o ti • s t o c k * .

*13
315 12 Apr. 17 19 J a n .
13%: *12% 13% *12% 13% 12% 12%' 12% 12% 12
12 % Amerl can C otton Oil Oo..........
55
55%. 55
S3 ' 54% 54% 54% SiV . 54% 54%; 54%
1,403 54% M ay 28 69 Fob,
54%
Do
p ref.
, ,124% 125
m % 1 2 l V m % 1 2 3 % 1 2 0 ,1 2 4 I 121% 1 2 2 % 122 123% A m erican S u g ar B cflnlngO o. 180,409: 97 J a n . 7 126% A pr.
57 L 95 J a n . 6 101 M ay
§104% lo :i% * liu % l o t §103% 103% 101 l o t 4103% 1 0 i% 104 104 i
Do
pref,
32,962 62% M ay 8 95 A pr.
66% 08% 65% 07% 65% 66%: ggi* gyjg «.*,% 66%: 65% 0 0 % A m erican T obacco Co
414 97% A pr. 23 103 Feb.
§99% 99-s §9 9 % 1 0 0 % §99% 100
*99 100 1 99% 99% §99
99 !
Do
pref.
9,430 62 J a u . 7 70% M ay
08% Cs% 60
00% '67% 07%
67% 6 8
6 6 % 07% 07
67% Chicago G as Co., certs. of dep.
4,060
143 J a u . 7 164% A pr.
Is*
150% 157% 159 1 155% 157% 198 156
150 156
167% 188% C onsolidated G as C o m p an y ..
6,942; 14% ,ran . 7 20% A pr.
1 h % 18% H
18%; '1 8
18%
’ 18 18%
17% 17% *17% 17% D 1s.A C.F.Co.,tr.cts.aU ln8.pd.
38% 35
3.1%: 3 5 % 3 9 %, 3 3 % 3 4 %i
3 3 % 34%. 34
34% G eneral E lectric Oo.................. 11,133: 2*2 J a n . 6 39% M ar.
5*25 60% M ar. *27 75 A pr.
*72
74
70% 70%; 6 8 % 6 8 % 6 8 % 6 8 % *......... 70% *......... 70 ;Illin o is Steel O o .......................
*23% 26
1,212 22% Mar. 7 28% A pr.
28
25% 4 4 % 24% §24
24
2 1 % 24%
24% 25% N ational L ew i Co.....................
90% 91
747 82% .I an. 7 92 M ay
91
90
91% *0 0 % 90 ; *8 8 % 90% §38% 8 8 %;
Do
p ref.
§5% 5%
6% Feb.
2,406 4 J a n . 6
5% s%
6%
6%
5 % 5%
5%
5% 5%
5%: Worth A m erican C o..................
26% 20% 28
1.189, 22% Ja n . 7 31 Feb.
26% 26% 26 V *26 26% §25% 25%; 26
26 Pacific M all ............ ..............
*1D>% ....... * 1 0 7 % ......... 103 ....... . *105 ......... 105 ......... 1*105 .........;Pipe Line C ertificates...............
§159% 160 *153 160
145 148 J a n . 7 164 Feb.
158 161 *153 160
158 158 *157 160 P ullm an P alace C ar Com pany
*00% 60% *08% 68% *08% 68 V *63 % 0 8 %: *63% 0 0 % *08% OS’s S ilver Bullion C ertificates—
67% J a n . 8 70 Feb.
26% 26% 26% 26% 25% 26
12,157: 23 J a n . 7 34% F eb.
26
26% 23% 25% 25% 26% T ennessee Coal Iro n A RR .
Do
pref.
5%
r,’
6% Feb.
4% M ar. 24
5%
3.581
5%
5%i 0.S.C ord.C o,,tr.rec.aU lnu.pd.
5%
5%
5%
5%
r>%
5%
5%
10% l u
10% u
1,02*2 8% Mar. 24 12% Feb.
P re f., t r . reo. a ll ins. pd.
§10% 10% *1 0 % 11
10
§10
*0% 10%1
9% 9* : | f %
8%
Apr.
16
11%
Feb.
3,756
United
S
ta
te
s
L
eath
er
Oo.......
s>
9
9 I •9
0
9
9
»%
9%
85% 0 5 -t i 64% 65% 64
Do
p ret. 11,5*20 50% J a n . 9 09% Feb.
64% 0**3 64 it 03% 64% 64% 04%1
25
25 1 24% 24% 24
4,543! 21 M ay 29 29 J a n ,
23
23% 21
23 U nited S ta te s R ubber Co.......
24 : 23% 24
85% 86 I 85 % 86% 85% 86
5 ,0 3 1 HI W a n 2 * o~v>/tm»
85% 85% 84% 85
85
85%1 W estern Onion T elegraph —
• The ■« arc M<t am i spike i ; no 1 tin ut.t It*. § L ess th a n 100 sh a re s. 1 m otors p a y m e n t of a a v In stalm en t, j !3x-dindou 1 a n a scrip.

27
11
21
27
2
13
4
29
23
13
15
21
4
24
10
11
24
10
7

7

8
14
13
9<l

TH E

980

C H R O N IC LE ,

[Y o u L X II/J .

NEW YORK STOCK EXCHANGE PRICES (C o n tin u ed )— I N A C T I V E S T O C K S .
M ay 29.

I n a c t iv e S t o c k s .
11 I n d ic a te s im ita te d .

B id .

R a i l r o a d S to c k * .
A lb a n y & S u s q u e h a n n a ... . . . . . 1 0 0
A n n A rb o r.........................................10O
P r e f e r re d ........................................ 1 0 0
B a lt. & O . S. W. p r e f ., n e w ........ 1 0 0
B e lle v ille & S o u th . 111. p r e l ....... 1 0 0
B o sto n & S . Y . A ir L in e p r e f . .1 0 0
B ro o k ly n E le v a te d U.................... 100
B uffalo R o o h e s te r & P i t t s b u r g . 100
P r e f e r r e d ........................................ 100
B urL C e d a r K a p ld s & N o r.......... 1 0 0
C lev. L o r a in & W heel, p r e f ........100
C le v e la n d & P i t t s b u r g ................. SO
D es M oines & F o i t D o d g e ..........1 0 0
P r e f e r r e d ....................
100
D u lu th So. S h o re & A t la n tic H .1 0 0
P r e f e r r e d II.................................... 1 0 0
E v a n s v ille & T e rr e H . p r e f ........ 50
F li n t & P e r e M a r q u e tte .............1 0 0
P r e f e r r e d ....................
..1 0 0
Illin o is C e n tra l l e a s e d l i n e s ___100
I n d ia n a Illin o is A l o w a ..............1 0 0
K a n a w h a & M ic h ig a n .. . . . . . . . . 1 0 0
K e o k u k & D e s M o in e s ..................10 0
P r e f e r r e d ..................
100
L o u isv . S t. L o u is & T e x a s ..........100
M exioan C e n tra l............................1 0 0
M e x io a n JX atio n al t r . o t f s ..........100
M orris & E s s e x ................
50
New J e r s e y & N . Y ............ ........... 100
P r e f e r r e d ___ . . . . . . . . . . . . . . . . . 1 0 0
N. Y. L aok. & W e s te r n .................1 00
N o rfo lk & S o u th e rn ....................... 1 0 0
O hio S o u th e r n ................................
P e o ria D e c a tu r & E v a n s v ille .1 0 0
P e o ria & E a s t e r n ................ - ...- .I C O
B e n s s e la e r & S a r a to g a ................iUO
B io G ra n d e W e s te rn p r e f ..........10 0
Tol. St. L & K a n . C ity If...............100
P r e f e r re d U ----- -v .......................1 0 0

182
8
24*4
2
102
7
18%
58
72
52
163
!S%
60
4*9
9
40
35%

A sk .

Range (sales) m 18 9 6 .
Lowest.

1 7 5 M ar.
11
10 F e b .
25 *4 2 4 J a n .
7 Feb.
7
131*1} J a n .
104 1 0 2 M ay
9
10 Ja n .
25
61
51 M ay
7 0 M ar.
41*2 J a n .
54
155 J a n .
5% J a n .
51 A pr.
4*2 A p r.
5%
11% 10*4 A p r.
4 5 A p r.
50
13 F e b .
15
3 7 M ar.
40

6
2%
13*4

27%
8
4
15%

19%
%

i%

9

69
5
2
4
180

72
15
3
6

5
5

6

....

25
62*2
70
54%
162
8%
51
6
14*4
50
16
43
92*2
25
25 J a n .
8
6% M ay
2 Jan .
3*4
15 M ar.
18

Jan .
^ M ay
1 6 0 A p r.
115*i* J a n .
7 0 M ay
2*2 A pr.
3 Jan.
181*2 M ay
5

>N o p ric e F r i d a y ; l a t e s t p ric e th is w e ek .

M ay
M ay
M ar.
M ay
M ay
M ay
A p r.
Jan.
F eb .
Feb.
F eb .
Feb
M ay
Jan.
Jan .
M ar.
Feb.

12 F e b .
2*6 Feb.
1 6 6 3 i F eb .

70

M ay

3 78 F eb .
5*e F eb .
182 Feb.

Feb.
5*2 A pr.
—
} A o tu a l sa le s.

M ay 29.

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

Highest.
183% M ay
11 *4 F eb .
29% F eb .
7 Feb.
131% J a m
1 0 2 M ay

( \ Indicates actual sales.j
B id .

M is c e lla n e o u s S to c k s .
A d a m s E x p r e s s ................................100 1150
A m e ric a n B a n k N o te Co I f ___
38
A m e ric a n E x p r e s s ......................... 1 00 1115%
A m . S p ir it M fg. Co. {w hen issued)II
P r e f e r r e d (w h e n issu ed ) If..............
A m e r. T e le g ra p h & C a b le ..........100
92
B a y S ta te G a s 1 f............................. 5 0 128%
B ru n s w ic k C o m p a n y .................... 1 0 0
'a
C hic. J u n o . B y . & S to o k Y a r d s . 100
C o lo ra d o C o al & I r o n D e v e l...1 0 0
lk i
C o lo ra d o F u e l & I r o n .................. 100 127 k)
P r e f e r r e d ....................................... 1O0 9 0
C o lu m b u s & H o c k in g C o a l........100
2%
C o m m e rc ia l C a b le ..........................100 1 50
32
C o n so l. C o al o f M a r y la n d ..........100
D e tro it G a s ...................................... 50
96
E d is o n E leo . 111. of N . Y ............. 100
E d is o n E leo. 111. of B ro o k ly n .. 100
E r ie T e le g ra p h & T e le p h o n e ..1 0 0
5 9 kl
I n t e r i o r C o n d u it <fe I n s .......... ... 1 0 0
L a c le d e G a s .......................................100 123k)
80
P r e f e r r e d ........................................ 100
40
M a ry la n d C oal, p r e f ...................... 100
M lo liig a n -P e n in s u la r C a r C o . . . 100
P r e f e r r e d ........................................ 100
65%
M in n e s o ta I r o n ................................1 00
16
N a tio n a l L in se e d O il C o...............100
N a tio n a l S ta ro h M fg. C o ___ _ ..1 0 0
N e w C e n tr a l C o a l............................100
6k)
13
O n ta r io S ilv e r M in in g .................. 100
O re g o n Im p r o v ’t Co. t r , r e o ts .,1 0 0
ki
P e n n s y lv a n ia C o a l........................ 50 3 3 0
1
Q u ic k silv e r M in in g ........................ 100
P r e f e r r e d ........................................1 0 0
T e x a s P a c ific L a n d T r u s t ...........1 00
20
U. 8. C o rd a g e, g u a r ., t r . c e r tfs .1 0 0
40
D . 8. E x p r e s s ....................................100
U . 8. R u b b e r p r e f e r r e d ................100 580ki
W e lls, F a r g o E x p r e s s ..................100l 97

A sk.

R ange (sales) in 1896.
Highest.

Low est.
14 6

Jan.

150% A p r.

110

Jan.

116 " M a y

97 M ay
95 k) 91 J a n .
29 k) 1 8 k F e b .
33 M a r
% Feb.
%
% F eb.
9 6 14 F e b
955s F e b .
2
4% J a n .
1% M ay
23% J a n .
28
34% F e b .
100
90 M ay
98 F e b .
2%
4% M a r.
Ik ) J a n .
162 % A pr. 162% A pr.
30 M ar. 32% M ay
35
26 A p r.
27% A p r
98'
89 J a n . 1 00% M ay
60k
83
60

59
35
18%
78

A p r.
Feb.
Jan.
Feb.

59%
53
15
4%
8
7%
8k)
8
14
2
2
320
2
1%
14
5
21
17
38
42
75
82
101
97
69
18

62%
35
30
86%

Jan.
F eb,.
A pr
A p r.

Feb.
60
Jan.
72
M a r. 20%
Jan.
6%
M ar.
8 7s
Jan .
15
M ar.
4%
A p r. 3 26
A p r.
2

Feb.
Feb.
Jan .
Feb.
Feb.
M ar.
Jan .
A p r;
Jan.

Jan.
Jan.
Jan.
M ay
Jan.

7 "Feb.
24% F e b .
48 A p r.
89 J a n .
101
Feb.

NEW YORK STOCK EXCHANGE PR IC E S .— S T A T E B O N D S M A Y 2 9 .
S E C U R IT IE S .

B id .
.1 9 0 6 106
106
.1 0 0 6
.1 9 2 0

d o . N o n -H o lfo rd
7 s, A r k a n s a s C e n t r a l R B I.
.x 9 1 4
N ew oonole. 4 s .......... ............ .1 9 1 4

98

A sk.

8 E C U B IT IE B ,

B id .

A sk ,

Capital S u rp l’s Loans.
$2,027,8 $11,620,0
2.096.0 13.740.0
9,136,2
1.001.1
2,203,2
8.982.0
2.339.6 14,314,6
360.9
4.181.0
3.329.0 24,544,9
83,9
2.241.1
7.338.1 22.384.1
3.894.2
174.7
1,646,4
5.991.9
215.4
1.406.1
2.330.0
327,6
179.2
1.056.9
619.5
2.914.0
1.590.6
101.9
3.297.2
520.8
0
2.411.1
23.539.0
21,709,8
0
3.686.6
1.657.2
0
5.535.3
992.8
7.015.1
488.8 2.365.6
913.1 11,202,5
962.0
5.875.5
1.796.0
259.3
582.5
6.227.7
2.034.1 14.952.3
354.9
3.010.0
2.588.5
401.2
2.563.4
278.4
4.221.2
837.1
3.206.1
88.7
7.295.4
1.145.6
247.6
4.749.1
1.755.0
408.6
5.707.7 20.468.0
3.231.1 23.747.1
1.180.4
145.6
2.132.8 19.314.1
8.071.0
490.6
655.9
5.304.0
365.2
3.154.3
7,164,0 22.326.4
7.897.6
268.5
1.407.1
69.8
2.918.0
571.7
426.5
2.905.2
269.6
2.837.5
1.385.2 15,426-9
1.085.2
7.095.8
625.6
2,640-6
2.800.0
651.6
516.8
5.181.1
003.2
6.118.6
3.970.2
668,0
316.6
1.727.7
805,5
4.317.3
306.0
2.278.0
266.8
4.900.0
347.7
1.812.0
360.3 11.161.1
5,168,0
918.0
525.7
1.790.7
535.0
7.906.4
1,962,2
187.7
320,2
3.481.8

Specie.

Legals. Deposits .

$1,280,0 $1,840,0 $10,930,0
1.310.0
3.588.0 15.595.0
1.134.0
1,446,8
9,997,3
752.0
1.006.0
7.188.0
1.179.7
3.353.3 10,124,5
214.0
809.0
3.869.0
8,789,9
4.012.7 32.573.8
301.7
191.3
1.795.2
3.270.0
4.099.7 22.081.4
836.4
630.6
4.614.8
771,2
740 6
4.002.5
182.6
216.9
1.483.8
180.0
405.0
2.425.0
118.5
170.6
1.001.2
391.6
212 3
2.327.9
201.9
275.3
1.921.2
63,7
639.8
2.484.6
579.0 4.624.0 17.947.0
790.5
8.850.1 16.284.1
838.9
045.6
4.856.5
1.756.7
554.3
7.262.8
435.0
638.1
2.983.1
1.780.5
1.368.0 11.784.1
603.9
975,5
5.860.5
242.0
378.4
2.694.8
566.0
734.0
5.138.1
3.508.3
2.964.4 19.260,3
351.4
517.5
8.031.0
555.3
448.0
3.272.8
621.8
207.1
3.088.8
339.6
851.9
4.295.3
419.1
430.5
3.299.1
1.479.3
842.0
8.271.0
623.0
998.1
5.868.0
148.3
495.2
1.794.0
3.834.0
2.847.0 21.271.0
4.174.1
4.172.5 27.755.5
117.7
199.1
1.124.2
1.714.8
3.208.0 19.245.8
194.0 2.070.0 8.053.0
876.0
1.281.0
0,675,0
414.4
892.4
3.749.0
1.003.5
4,514,3 20.858.0
1,417,0
9.013.6
1.007.0
157.3
233.9
1,348,5
465.0
442.0
3.252.0
031.1
190.5
3.412.7
301.4
468.5
2.832.2
1.748.4
3.209.5 18.433.8
1.027.6
1.005.8
7.852.0
227.8
684.0
3.292.4
578.7
560.4
4.138.1
1.038.5
931.6
5.931.1
774.9
883.4
0,663,0
839.7
457.2
4.817.8
215,6
314.0
1.843.4
897.3
1.202.2
5.926.8
234.0
380.0
2.396.0
889.0
001.0
5.688.0
201.0
245.0
1.558.0
319.4
2.807.1 11.806.6
1.182.8
546.8
5.663.0
30,1
1.320.1
291.7
405.5
1,061.0
7.750.8
20,6
1.848.4
452.4
514,3
2.909.1
237,6

o ta l.................... 61.122,7 74,138,8 473,400,4 61.541,5 84,420.3 497,041,2

An. n e w b o n d s ___ 1892-8 -1 9 0 0
.1 9 1 4
^1912
3 8 ...* ..............'................... . . . ..1 9 1 3

84

..1 9 1 3
.1 9 1 3
1991
6 s , d e f e r r e d t ’s t r e o k s , s ta m p e d .

60
5

7

New York City, Boston an d P h ila d e lp h ia B a n k s :
Ba n k s .

B ank of N ew Y ork.. $2,000,0
M an h attan Co.......... 2.050.0
M erchants’.............. . 2,000,0
M echanics’............... 2,000,0
A m erica..................... 1.600.0
P henix....................... 1,000,0
C ity.........1.................. 1,000,0
750.0
T radesm en’s ............
300.0
C h em ical.................
600.0
M erchants’ E xoh ’ge
G allatin N a tio n a l... 1,000,0
300.0
B ntohers’A D rov ers’
400.0
M echanics’ & T ra d ’s
200.0
G reenw ich................
600,0
L eather M anufao’rs
300.0
Seventh N a tio n a l...
S ta te o f N ew Y o rk .. 1,200,0
A m erican E x chan g e 5.000.
Commerce................ . 5.000.
Broadw ay................. 1.000.
M e r c a n tile .......... 1,000,0
422,7
Pacific.......................
Bepubllo.................... 1.500.0
450.0
C hatham .....................
200.0
P e o p le 's .....................
700.0
N orth A m erica.........
H anover..................... 1,000,0
500.0
Irv in g .........................
600.0
Citizen’s ....................
500.0
N a ssau .......................
750.0
M arket A F u lto n ...
■hoe A L e a th e r....... 1,000,0
Corn E x c h a n g e ....... 1,000,0
C ontinental............... 1,000,0
300.0
O riental ..................
Im p o rters A T rad ers' 1.500.0
P a rk ............................ 2,000,0
250.0
E a s t R iv e r................
F o n rth N ational__ 3.200.0
C entral N ational__ 2,000,0
300.0
Seoond N a tio n a l...
750.0
N in th N a tio n a l.......
500.0
F ir s t N a tio n a l.........
T h ird N a tio n a l......... 1,000,0
300.0
N.Y. N a t. E xohange
250.0
B ow ery.....................
200.0
N ew Y ork C o u n ty ..
750.0
G erm an \m e ric a n ..
500.0
Chase N a tio n a l.......
100.0
F ifth A venue...........
200,0
G erm an E x c h a n g e ..
200,0
G erm ania...................
500.0
U nited S ta te s ...........
300.0
Lincoln.......................
200.0
Garfield......................
200,0
F ifth N a tio n a l.........
300.0
B ank of th e M etrop.
200.0
W est Side.................
500.0
Seaboard....................
200.0
S ixth N atio n al.........
W estern N a tio n a l.. 2.100.0
300.0
F ir s t N at. B r'k ly n ..
500.0
S o u th e rn N ational..
N a t. Union B an k __ 1,200,0
500.0
L ib erty N at. B an k .
N .Y , P rod. K xch’ge. 1,000,0

S E C U R IT IE S

A sk .

i

New York City B ank S tatem en t for the week ending
May 23, 1896. We omit two ciphers (00) in all cases.
Ba n k s .
(00s om itted.)

B id .

M isso u ri—F u n d ................189 4 -1 8 9 5
N o rth C a ro lin a —6 s, o ld ........ . . J & J
100
F u n d in g a c t ....................... .
N e w b o id s . J & J .......... 1R 92-1898
C h a th a m R R ..................... . .
SD eoial t a x . C la ss I .........................
C o n s o lid a te d 4 s ......................
102
6 s ............................................
1933
99%
6 s , n o n - f u n d .............................

107

Capital <fc
Surplus. Loans.

Specie.

Legals. Deposits.* Oirc'Vn Clearings.

$
$
$
N . Y.*
$
$
M ay 2.. 133.956.0 470,663,5 59.324.0 87.371.3 495.004.1
“
9.. 133.956.0 474,050,7 59,460,9 84.536.1 495,015,5
“ 16.. 135.261.5 470.458.4 60,114,3 82,962,0 497,993,3
“ 23.. 135.261.5 473.400.4 61,541,5 84.420.3 497.041.2
“ 30.. 135.201.5 475,156,a 02.456.0 84.493.2 498,874,1
B o s.*
M ay 9.. 09.351.8 160.051.0 8.380.0
6.592.0 142.696.0
- 16.. 69.351.8 160.094.0 8.420.0
8.745.0 142.250.0
“ 23.. 09.351.8 160.727.0 8.605.0
0,597,0 141.833.0
P h ila . *
M ay 9.. 35.203.0 103.928.0
29,5 49,0»
102.510.0
103.702.0
29, 17.0
“ 10.. 35.203.0 104.065.0
“ 23. 35.263.0 103.979.0
103.504.0
30,1 32.0
* We omit two ciphers in all these figures, t In clu d in g fo r
delphia th e Item “ due to o th e r banks.”

$
14.370.7
14.350.8
14.382.8
14.529.8
14,005,1

$
612,728,0
583.648,2
562.941.5
535.807.6
419,101,4

9.916.0
9.861.0
9.905.0

97,175,5
89,018,8
89.810.0

8.775.0 83.904.1
6.766.0 01,412,66.777.0 69,815,7
B oston and Philft.

M iscellaneous an d U n listed B onds :
M i s c e lla n e o u s B o n d s
B oston U n. Gas t r .certs., o s.
Ch. J un.A S. Y ds.—C ol.t.g.,5e
Col. C. A I . Devel. gu. 5 s.......
Colorado F u e l—Gen. 6a...........
Col. A H ook. C oal A I . —6a, g.
Cona.Gaa Co..Chic.—l a t gu.5a
Conaol. Coal conv. 6a......... .
D et. Gas con. l a t 5a..................
E dison E leo. 111. Co.—l a t 5a .
1 st consol., gold, 6a................
Do
of B klyn., l a t 5 s___
E q u it. G .-L..N .Y ., cons.g. 5a.
E q u ita b le G. & F .—l a t 6s___
H en d erso n B ridge—l e t g. 6 s.
Illin o is S teel deb. 5 s . . . . . . . . . .
Non-oonv. deb 5a..................
In t. Cond. A In s . deb. 6 s........

*101 a.
*8*5^4a.
’ 95 b.
80 b.
107 b.
103 *ab.
*9*7*"a.
92 iab.

M is c e lla n e o u s B o n d s.
M anhat. B eaoh H . A L. g. 4s.
M etropol. Tel. A Tel. l a t 5 s ..
M ioh.-Penin. C ar l a t 5a____
M u tu al U nion T eleg.—6s g . .
N . Y. A N . J Telep. gen. 5 s ..
N o rth w e ste rn T e le g ra p h —7a.
P eople’s G as A C. 1 l a t g . 6a.
Co., C h ic a g o .... >2d g. 6a.
l a t oona. g. 6a.........................
P leas. V alley C o al- 1 s t g. 6s.
Sunday C reek Coal l a t g. 6s..
U . S. L e a th e r—8. f.d e b ., g.,6s
W e ste rn U nion T e le g .—
W heeLL.E.&Pitt«* Coal la t5 a
U n lis te d B o n d s.
A do. S p irit M fg.,1st, w hen iss
C om stock T u n n e l—In o . 4 a ..

106 7sb.

106 b.
'106 b .
' 99 ^ a .
‘105 b.
100 b.

lll* 9 b .

105 b .

N oth.—“ 5” in d ic a te s p ric e b id ; *a” p ric e asked, * L a te s t p ric e th is w eek

B ank Stock L ist—Latest prices this week.
BANKS.
A m e ric a .......
Am. E x o h ...
B ow ery*...
B ro a d w ay ...
B ntclis’A D r.
C e n tr a l.........
C h ase ............
C hatham .......
C hem ical . . .
C ity .......... ..

Citiaens*.......
Columbia__

C om m erce...
C o n tin e n ta l.
C om E x o h ..
E a s t R iv e r..
11th W ard ...
F ifth A v e ....
Fifth*............
F ir s t... . . . . . .
F ir s t N.f 8 .1 .
14th S tr e e t..
F o u r t h , .......
G allatin .........

B A N K S.

Bid.
315
168
280
230
130

120

450
300
4000
500
125
185
204
132
282
130

200

170
235
140
305
4500
135
195
206

2900
250 i275
2850
115
170
180 185
295 310

Bid. A sk.

G arfield......... 425
G erm an A m . 112
G erm an E x, * 360
G srxaanU .
380
G reenw ich . 160
312
H ud. R iv e r.. 160
Im . A T ra d ’s’ 535
I r v i n g ........... 137*9
L e a th e r M fs’ 170
750
M a n h a tta n .. 207
M ark et A F nl 200
M echanics’ .. 188
M ’ohs’ A T rs ’
M ercan tile .. 160
M erch an ts’.. 134
M eroh’ts E x 110
M e tro p o lis .. 410
1.45
N. A m s’dam 190
N ew Y o rk ... 234
N .Y . Co’n ty . 800

(*Not listed.)
BA N K S .

N .Y .N at.K x
N in th ..........
1 9th W ard ..
___ N. A m erica
O r ie n ta l__
P a c ific .........
P a rk ..............
545
People’s ___
____ P h e n ix .........
P rod. E x.*..
R e p u b lic ....
S e a b o a rd . . .
Seoond.........
193
S e v e n th ___
150
ShoeA L e ’th
180
S o u th e r n ...
S ta te o f N. Y.
T h i r d ...........
i~20
240

B id. A sk

100
112
120

130
170
180
265
235
107
116
146
167
440

100
95

110

105
105

135
190

110
475

120

185

200

U n’d S ta te * 175
W e s te rn -... 110*4 110*9
Weat. S id e .. 275 <.........

THE CHRONICLE.

M ay 30, 1896.]

931

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES,
Active Stocks.
f In d ic a te s un listed .
Atcb. T. A 8. FeM^mrtonJ.lOO
A tlan tio A Pae.
“
100
B altim ore A Ohio (HnU.) .1 0 0
B a lt. C ity Paastger “
25
B altim o re T ractio n “
25
B altim o reT rac'n 'iiP A iC )- 25
B oston A A lbany (Boston).ltXl
B o s to n * Lowell
“
100
B o sto n A M aine
“
100
C e n tral o l Mass.
“
100
p refe rred
“
100
O ilc . B u r. A Quin. *•
100
Oslo. Mil. A S t P . (PAtf.).lOO
O ho O. A G .vot.t.e. “
50
Ctt. StJBy.of Im l? “
100
F itc h b u rg p re f..(B o sto n ;.100
L ehigh V a lle y .. (P h ila .). 50
Blaine C e n tral (Boston).100
M etropol’n T ra c .? ! P h il).100
M e x ic a n -C e n t! (Boston). 100
N ew E n g la n d ___
••
100
P r e f e r i e d .........
"
100
N o rth ern C en tral (B a ll.). 50
jto rtb e rn t-a,:ilio (P h ila .) 100
P re fe rre d
"
100
Old Colony....... (B oston). 100
P en n sy lv a n ia . ..(P h ila .). 50
P h il. A Reading,!
*•
50
P h llsd elp b Trao.
"
50
U n io n Pacific. ..(B o sto n ). 100
U n io n T ra e tio n ..f /‘A ifa.;. 50
M i x c e i l i n t e o u s S to c te e ,
Am.SUg'r R e tlo .fJ B oston)---P re fe r r e d . . . . . .
“
—
Boll T elep h o n e..
“
100
B ast A M ontana.
"
25
B a tts A B oston..
**
25
C alum et A H ecla
“
25
C an to n C o ...........(B a it,). 100
C onsolidated G as
••
100
Kl.Xi.Btor. B a C y t (Phtiet.). 100
d e fe rre d ?
”
100
E rie T elephone. {Boston ) .1 0 0
G en eral E ieotrie.
*‘
100
P r e fe r r e d .........
“
100
ta»xw>ndt»rtAor.
“
50
LehTh C oalA Sav. (P h ila .) 50
ft. E.Telopisotie ( Boston) .100
P a .H s a t,f.A P o w (P h ila .).. . . .
U n it'd G»» L ap.If
“
50
W eisbaoh L ight <j
«
5
W est E n d L and. .( B o s to n )....

r w S h a re P r ic e s — n o t P e r C e n tu m P ric e s .
S a tu rd a y ,
May 23.

^ ‘ 14% 1 5 ^

15%

*18%
......
"210
208

M onday,
May 25.

*18%
......
212
203 ^
*
i 'i *
11
*54
*bl
80% 79%
80
78% 78% 77%
6*4
0%
13%
......
......
203%

*92% 93
34% 34*4

f>3 "4 67
18% 18%
18% 18%
212% 212 212
203 Hj *205 209
166is 165 165
11*4 * 1 0 ^
*54
81% 79
79*4
78
77
77%
6
0
*93
93%
31% 31%

109% 109 109
10
■9% 10
75
.........
69%
%
%
12
12%
179 *178
52% 52%
5L*
51%*
71% 71%
8
7%
19% 13%

Inactive Stock*.
PrUM of Mmj 20.
A tla n ta A C h arlo tte a iu iL }.100
B oston A Frti'rW eaee iBmtmu.}. I ©Of
C atailea A A tla n tic p t. {Phila.) . AOj
**——
**
501
l i t p refe rred
**
50j
C e n tra l O h io ............. ... (Baft.) 50
Chicago A Wm% Mich. (Bmirm) ,100,
Gosm eetloat A P*»*„
100!
C oaseetJeist E lv e r
14
100

125
103%
206
88%
3
311
......
03
35
30%
00%
35%
76
21
10

B id .

A sk .

T hursday,
M ay 23.

F rid a y ,
May 29.

Sales
of th e
Week,
Shares.

B a n g s of sales In 1396.
Low est.

H ig h est.

12% J a n .
•49 Apr.
13 Mar.
100 65 F eb.
600 16 Ja n ,
318 15% J a n .
34 204 Ja n .
64 202 Ja n .
61 162 Ja n .
75 10 Mac.
53% Mar.
6*5*10 72 Ja n .
12,800 64 Ja n .
4% Anr.
311
21 M ar.
123 89 Ja n .
574 33% May
133% Apr.
1,69“ 91% Tan.
1,045
8% Ja n .
19 40 M ay
125 75 M ay
135 67% Ja n .
17.20S
% May
443
9% Apr,
125 175% Ja n .
1,340 50% Ja n .
1% J a n .
8,330
1,740 62 Ja n .
37
3 Ja n .
10,745 10 Ja n .

17% F eb.
% Feb.
44% Ja n .
70 J a n .
19% A pr.
19 A pr.
217 Ja n .
208% M ay
171 Feb.
12% M ar.
56 F eb,
82% Apr.
79% F eb.
12% Ja n .
30 J a n .
97 F eb.
38% Ja n .
136% J a n .
109% S lay
12% Feb.
51 J a n .
85 J a n .
70 F eb.
f5% M ay
17% M ar.
179 May
54% Apr.
71 ,,5 Ja n .
7 2 % M ay
10 Apr.
29 M ay

24
24
27
2
16
17
28
25
19
10
28
24
24
2
2
10
30
3
25
24
28
28
14
28
9
g
23
30
5
21
18

123% 123% 121% 122% 122% 123% 13,585 97% Ja n .
126% A pr.
104 104
103% 101% 103% 104%
521 95 Ja n ,
104% M ay
200 206
205% 208
206 208
287 197 Ja n .
2 >7 Star.
87
86% 87% 24,008 65 Ja n .
86% 87% SC
88% M ay
•2% *2% 3%
2%
1% Mur.
135
2%
2%
13% J a n .
'307 310
313 310 *30 i 310
23 295 Ja n .
3 LI M ay
- - - - r-r
♦SO
65
63% 03% 63% 01% 63% 63%
’*910 55% J a n . 20 68 A pr.
33
33% 33
34
34
2,460, 24 J a n . 7 38% A pr.
33%
3>*s 35 *s 35
35
426, 23 J a n . 7 38 A pr.
31% 31%
60
60
60
63
‘60
200 53% A pr. 11 63 J a n .
00%
33% 33% 33% 33% *31
31%
905 2 2% Ja n , 0 39% M ar.
71
74
*74
121 50 J a n . 8 78 A pr.
76
71
74
•20
21% 20% 20%
10
21
27 IS Ja n . 7 21 M ay
40
40
10% 40%
83 39% M ay 25 46% F eb.
*39% 40
91
*00 %
91
*90% 91
4 87% J a n , 23 91 M ay
14% 11% *14% 14%
14% 11%
2,236
9 J a n . 7 15% M ay
71% 71% 71
504 66 M ar. 2 81% J a n .
71% 70% 70%
53% 53'% 52
501 46 J a n . 8 67 Feb.
53% 51% 52%
___
2 ; •1%
2
1% Ja n . 25
•1%
2
2% Feb.
m ade.
1 T ru s t reoei
! T ru st r e c .l s t instal. paid.

21
28
30
25
31
22

14%
’

14%
*

*67
18%
18%
212
*208
165

l l 7s
1
67
18%
18%
212%
200
165
n%

67
18% 18%
18% 18%
212
212
203 *298
165
165
*10%
*54
*54
78% 79
77% 78%
73% 77% 76% 76t%
6%
0 ‘s
93
34

93
34

*93
33%

93%
337s

103% 109
•9% 10

i o i 108
93i
40
40
»m»mm *72%
09
69 * ...
89%
5%
%
% u

75
69%
%
12%
. m 178% 179
179
52% 62% 52% 52%
5
5%
57 ,,
6tf,e
71% 71% 71%
7 l4
*7%
H
7%
8
13
19
19*4 19

122% 125
122% 123%
103% 103% 104 104
203% 206
203 20S
87% 88% 80% 88%
2%
- •
2%
2%
*310 313 *__. . . 312
__
*...mmm 04
63H 63% 6 3 'g 6-1
31% 34% 34*4 31%
36
30%
60
61
*5l% 60%
35% 33% 33% 35*4
7*5% * , , , ; 75
75
21
21
*20% 21%
3J% 39% 40
40
*01
mBl
14% 11%
15% 15% 15
15
72
73
71
71% 7 L 71
53
33
m
S3
2
2
*1% 2
*i%
*i%
* Bid M3.il Mk#& prie««: i do said was

124%
103%
206
37
'2%
311
......
62%
33
36%
60%
35%
•75
21
*39%

W ednesday,
M ay 27.

14% 14% *14%

13%

93
*93
31% 34%

109% 109% 109%
9% 9% 10
......
*75
78
69% __....
%
%
%
12
12% 12
178% 179
179
52% 52% 52%
53« 5*3.g 5»re
71% 71% 71%
*77g 8%
*7%
19% 13% 18%

T uesday,
May 26.

Inactive stock*.

179
52%
■5%
71%
7%
19

M 's

15

*%

1

*13
19
"67
671*
*1314 181a
135, 18%
212 212
208 219
163ia 1631a
*10% I l i a
*54
56
77% 78
76% 76%
6
6%
*2t% . . . . . .
92% 93
33% 34
135 137
103 108
9%
9%
*37
42%
‘71
75
*63% 69
;i%
5
;i5»8 15°S
*173 179
52% 52%

B id. ; Ask.

5%*

5 S ,,

71% 71%
*7
7%
19
10%

813

Bond*.

2
15
16
31
13
14
6
8
28
li
2
17
14

Bid,

71 i People’s T ra o .rru a te e rts . 4s., 1943
94
117
P erfaom en, 1 st sec., 58.191
100% 103
11 0 IPhila. A B rie gen. M. 5g„1920', A‘AO 117% 118
100 : Gen, m o r t .,4 g ...........1920, AAO 101 104%
103% P 44lire
hila W
AX
BVead,
new ■
4» »«»
g„ iOOO.OOW
1958. JA J
79% 79%
OCMA. UOW
99 ' ---------------------............
1 st p re f. Inoonie, 5* g,
1958, F eb 1 28
28%
1 99 ; 2d p ref. Incom e, 5 g, 1958, F eb. 1 16% 17%
i 95
3d p ref. Incom e, 5 g, 1958,F eb. 1 13% 14
| 98 1 2d, 5*............................ 1933, AAO 121
57
Consol, retort, 7a........ 1911, JA D 129%
53 ; OonaoLm ort. 6 g ........ 1911, JA D 118
C o u o L o f V erm on t, 5 S .19 13 , J A J
CoaaoL T r a & o f N J ^ i P h U a . } .1i0m0 ' 22 1 2 9
p elaw areA B o u n d B r.
**
100! ......... ...
C u rren t R iver, 1st, 5 s ..1927. A AO
Im proyem entM . 6 g., 1897, AAO 102%
F lin t A F ere Mar*),..-(Boston), 100
11 j 13 B e t .L ao s.A N o r'n M .7».1907,.IA J ‘ 60
65 | Don. M .,5 g„stam p&d,1 9 2 2 .MAN 100% 101
P referred ................
"
100, 37 . 40
E astern 1 st m<m 6 g.lM HLM A S.. U l9 % 121
T erm inal 5s, g ......... 1941, Q.—F . 106
HeetonvHle Paaeeng. (P h il* ,). 50 ........... 5» F ree.E lk.A M .V „l»t,6a. 1933, end. 1128
130
P hil. Wilm. A B a lt , 4S.1917, AAO
■ ' ..............
"
50 re
re
, ;;;■■• , ; .
19 31............ ■139% 127% P itta. C. A St. L „ 7 S ....1 9 0 0 , FAA 111% .
a u n t . A Broad T o p ...
“
50
30
K.C. C. A 8 ortii g.,l« t,5 g .,1925, AAO
5B oaheeter
70 80
Railw ay, oon. 5s ..1 9 3 0 101 102
‘ rre d ..................... - “
8ohuyl.B .E .81de,lat6 g.1935, JA D 103 103%
P~ re fe
50 ....... . 52% K a F .B .A M . oon,6*, 1928, MAN,! 90 > 93
5 ! 10 I K .c . Mom. A F.tr„ 1*t,2», l:>2f, MAS * 60 65
K en . C‘r F t .3 . A Mem, (Boston).100
U nion T erm inal 1 st o s ___...F A A 100
P r - f e r r e d .....................
" 100 35 : 45 . K.C, ere Jo . AC. B., 7 ».,1907, J A J '1 2 0
123 i
63% 64 f L. R o e k A F i 8., le t,7 s - 1 9 0 5 , JA J," 91
94 ! A t l « * 6 S E ! i t e f l 9 0 7 ,J A J 120% 121
L ittle » ch nvlkt)l.........(P hilo.). 50
Mine B ill A 8. H aven
“
50 69 ;.......... Ixoi;s.,L v.A 8n.L .,lst,6g.ly26,A & 0 '• 100 105 j B altim ore B elt, 1 s t 5 s .1990, MAN 91 1.........
N esoaetioniiig V a t . ..
“
50 65
"
'
2m ., 9—6 « .......... ........ 1936, A AO J 93
87 : Balt-. C. P ass. 1st 5 s— 1911, MAN 112% 115
H orth A m erican C o ..
“
100
5%: M ar. II. A G ot., 6»....... 1925, AAO 106 108 I Bolt, TraotUm, 1st 5 s .. 1929, MAN 108 1108%
5
E xtern A tuipt. 6 s ....1 9 0 1 , MAS H I
N orth P en n sy lv a n ia .
“
50 85
. . . . M exican c - r ,: r a l ,4 g . . . 1911, JA J ! 68
69
101%
No, B a lt D lv., 5 s....... 1942, JA D 108% 109%
O r.S ti.U n e ls; tumt.p0,( B oston).100
6%
7
lsto o M o U n co m ee, 3 g, non-cam . 19
19%
P eu n sy lv an ln A N. w , (P M ta.). 50
___ 2d coneoL Incom ee. 3e. non-oatn, 9
10 i B altim ore A Ohio 4
1935, AAO 102 j .........
P hila le i. A E r ie .........
••
50
20 ’ m*
S . Y.
A» A
N.K
cg ,,**'«»»*.I8
L it,7 s ,|W
190j
JAJ*
*. <
N.K»imt
W ,. vM
JUJ ,t *.119%
1 4 3 ^ 1119%
ACf**i P ltt«. & Conn., S g ,...1 9 2 5 , FAA
B u t! a d ..................( B o s to n ) 100
S taten Island, 2d, 5 g.1926, J A J 70
2%
lD tm o rt. 0 s ....... ......... 1905, J . U * 112% 112%
70
90
i
Bal.AOUo 8,W „lst,4% g.l990, JA J 102
71 : Ogden. A L .C .,C on.6s...l92O ,A A 0
P re 'e r re d .....................
"
100;
95
CapeF.A Y ad.,8er. A.,8 g.l916, JA D
15
B jn t h e r n .................... ( B a ll.) , 100;
9
9%
ln o .0 * ....... ..................... .....1 9 2 0 i'
P re ferred ....................
" 10O! 2S%! 29%: B n Viand, 1 st,6 s............1902,MAN (102 104
Series B „ 6 g .........................1 9 1 6 , JA D
Series a , 0 k ........... ..1 9 1 6 , JA D
W est E n d .................... (B o iton). 50
71
90
71%
2d, 5 s ........................... 1898 ,FAA ) 83
48
50
Cent.
Ohio, 4% g ..,.....1 9 3 0 , MAS
P re fe rre d ....................
•*
50 89% 90%:
B o n d s ,—P h i l a d e l p h i a ,, „
U nited Om. of N, J . . (P h ila .).100 240
........1A tlan tic iHty l e t in , ft., 191a,M AN 1 0 3 % ......... Cent. Pas*., 1st 5 s ........1932, MAN 108 io’S%
City A Sub.. 1st 58.........1922, JA D 112 112-8
60 1 Buffalo By. eon. 1st, 5 s ...........1931
w set J e r s e y ..............
**
so
59
21 i L ataw isaa, M .,7 s......... 1900, FAA i*u % % ” I " Oharl.Col.AA.ag.ext.5B.1910, JA J 1 0 3 % .........
W e tt Je rs e y A A llan .
**
50
107
1
W estern N, V. A P en n
**
100
2%! Choc. Okla. A G ulf, prior lien 6 s..
CoL A O reeav., 1 st 5-08.1917, JA J H I U ll%
2
Vt;*<v>rsiu C e n tr a l...(B o sto n ).100
2
Citizens* 8t.B y.of lud.,con.5s. 1933 79
80
(la .C a r. A Nor. l e t 5 g ..l9 2 9 , JA J
82% S3
1%
Colum
P re fe r r e d . . . . . . ____
“ 100
_____ b. M. K y„
. . 1st,
. . con. 5s.. 1932 ,
G eorgia Pao., 1 st 5-68— 1922, JA J 113
15
Wor g' si, N uu;;. A B/>cli.
“
100 114 1118
Colam b. O. Crosstow n, lst,5 s .l9 3 3 : ......... . . . __ N orth. Cent, 6 a . . . . . . ___ 1900, JA J HO 110%
HtSCSllXJfBOOB.
. ...
.
r e ..............................
1904, JA115
J
Dei. A B 'd B r ’k, 1 s t ,7 s. 1 9 0 5 ,FAA 1 2 3 % ..........
Series A ,5 b. „ „ ........... 1926, JA J 113
AHouex .Min'ka a««t pdf’Bottom). 25
t
%
25
E a sw n A Am. l»tM .,5*.1020, MAN 103 109
4 %b ...............................1925, AAO 10.)
A*.an tic M ining.........
“
22
%: —
U ec. A
' ~
People’s
---------M
Trao. stock,
' 1 tr.o tfs:
" ! 74% 1-----874%i fiPiailm
* '
.&
* Oum
~
.,,1st,
* ' ----------5 g .l9 X l,FAA
F
101
Buy S ta te Q am f. . . . . .
**
50 14% 14%
% 'iKltalr, A wfim ., 1 - t , 6a. 1910, J A J . 120 . . . . . . . P itta. ACotmofia. 1 s t 7S -1898,.JA J 105 1 0 5 %
10
B oston L a n d .. . . . . . . .
“
3%
4%
10
C entennial M i n i n g . **
9.1%
% |He-<tonvtHf! M. A F „ eon. 5s..1984 110% :.........i S w tthern, l a t S a . . . . ........ 1994,1.TAJ
%
_ ..H unt, A Br*d T o p ,C o n ,5 s.'95, A.AO' 105
V irginia t e l , , 1 st 6 s . . . 1 9 0 6 ,MAS 112 1 1 3 %
25
F o rt W ayne E!*et,1?..
*•
1
F ra n k lin M ining____
“
11 iiLob'.gh Mkv.4%8...........1 9 1 4 ,G - J 1 1 0 % ..........
M 8 e rie fl,6 a .............................1911 MAS
116 1 1 8
2S 10
% 1 2d 6s, gold..................,1 897, JA D 1 0 0 % ......... .. 3d Seriea, 68....... .....1 9 1 8 , MAS 112
FrenoUin’n 'sB ay L’d .
'*
6
%.
92% 95
72 i G eneral m o rt. 4 % s ,g .1924,Q—F ......... .. ........ j 4 th Series, 3-4-oe.— 1921, MAS
3 00; 70
IfflnW* 8(ec i
5 th Series, 5 s .............................. 1926, MAS
100
K c a r s a K c M ining.. „
13 ! 13% !L ehighV kL C O allet5*,g . 1933,4A J 98% 99
85
O sceola Mlrting.
29 : 29% iLehigh Valley, 1 st 6 a ...1898, JA D, 107% 103 ’ W est V a C .A P .l a t , 6 g-1911, JA J 109 109%
..
.
■ i s ]
-• ' 2d 7 s .............. .............. 1910, MAS: 131
134% W ert’LN.C. ConsoL 6 g.1914, JA1 112
P a llm ao I'M m o C a r,
"
1 0 0 ] 159 ;160
C
onsul, 6 .... . . . . . . . . . . 1 9........
2 3 ',* J.
T en n sriv a tiia s te e l., (P hiln.). 1 00
................
* b ; 117% 12i i.WUai. Col, A A tig„ 6 b. .1910, JA D
115
MIRdl-.I.LASIUJl.B.
P re fe r r e d ? ..................
■* 100 *52** j 98% [Newark P assenger, oon, 5 a ...1930 ! 10 i I........ ’
—
-- ' nfceey M in in g ,. . . . . . (M m Pm ). 25 118 119 (North P enn. 1 s t, 7 s ....1 8 9 6 , MAN 101% 102% B altim ore W ater 5 a ... 1916, MAN 120
« n a r » c k M ia ln g ...,' "
25 92 j 95 [ Gen..vt. 7 s .....................1903, JA J ......4 2 2 %
F unding S e . . . . ~ ....... 1916, MAN
E xchange 3% s.............1930, J A J 105 ibT
1
W ater P « w » r..............
“
100
1% (P aterson R ailw ay, consol. 6 s . . . . . .
29% .-eunsylvauia g e n ,6 s ,r„ 1 9 1 0 , Var 129
V irginia (State) 3 s.n e w .1 9 3 2 , J A J 7 2
Weetlngh. Etec. A M ..
50 2!)
Funded d eb t. 2-3a....... 19fil, JA J
61%,
P re f., ouraalaW re
"
50 68
54 j Consol. 0s, 0
122
......... ..1 9 0 5 , Var
61
ChesapeaK eG as 6 s ,....1 9 0 0 , JA D 103% 106
Consol. 5 s , r ................1 9 1 9 , Var i i a "
g.fW B 9, J& J 78
78% I O o llat.T r. 4% g . . ....... 1913, JA D
fkJJiaol. G a8 ,8 s—. , „ . . . . 1 9 1 0 , JA D 115 115%
5 s ..................... . . . . , . . . , 1 9 3 9 , J A J 105% 105%
24
g .,
A ,,1 9 B 9 , A4 eO
25% Pa. A V . Y. C a n a l ,7 s ...1906,JA D 123
-1 9 1 3 .1 4 1
86% I Don. 5s.......................... 1939, AAO> ......... 409% S q u ltsb le G->g.6s
B *ato* UiDte)l Oae 1st;5«....... .
m
P»tb* iaeledeji overdne eoslpong,
f U nlisted,
^ A nd a e e ta e d in te re st.

f

Boston P o tted G es, 2d m. 5»..1939.!
95 I 95%: BnrLAM o. R iver E x e n u t (is, J A J i
260 265 j N on-exem pt Oe...........1918, J A J ,
......... ...........I P la in * * ...........................1910, JA J
1% 2% Ohio. B u r l.* Nor. I« t5 ,1 9 2 6 , AAO :
53 .........
2d aiort- 6*.................1918, JA B )
42 .........
D ebenture 0*..............1896, JA D j
6
7 CUe. Burl.A Quincy 4 s ,1922, FAA ,
141 1142%] Iow a Division 4a....... IP 19. A AO
250 255 Chic. AW. Mich, gen, 5*, 1921, J A l i i

TH E

982

C H R O N IC L E .

[VOL. LX II.

NEW YORK STOCK EXCHANGE PRICES (C o n tin u ed ) - - A C T I V E B O N D S M A Y 2!> A N D F O R Y E A R 1 8 9 8 .
R a il r o a d a n d
M is c e l l a n e o u s B o n d s .

In t'st closing Range (sales) in 1 8 9 6
Period t f (Ly 29, i Lowest. I Highest.

A m er. C o tto n O il, d e b ., 8 g . 1 9 0 0 Q—F 1 0 8 ^ b . 107*3 M ay 111*3 J a n .
66 J a n . ! 7 2 F e b .
A n n A rb o r.—1 s t, 4 s, g .......1 9 9 5 Q—J | 7 0 b.
81*2 F e b .
72% J a n .
A t.T . & S .F .—N ew g en . 4 8 .1 9 9 5 A <fc O, 7914
51% F e b .
40 M ay
A d ju s tm e n t 4 a ....................1995 N o v .
41%
f
2
7 Feb.
12
0
J
a
n
.
Col. M id la n d —C o n s .,4 g . 1 9 4 0 F & A: t2 3 * sb .
A tl. & P a c .—G u a r. 4 s ........ 1 9 3 7 1 . .. .. .. . I 4 4 b. 4 0 M ar. 5 0 A p r
117%
M ay
111%
J
a
n
.
B ’w a y & 7 th A v .-ls t.c o m g .5 s ’4 3 J A D 117%
8 4 M ay 102 J a n .
B ro o k ly n E le v . 1 s t, 6 g ----1 9 2 4 A & O 8 6
82*3
M
ay
100*3 J a n
U n io n E le v a te d .—6 g __ 1 9 3 7 M & N
85
B ’k ly u W h rf& W .H —ls t,5 s ,g .’4 5 F & A | 1 0 0 b. 9 7 F e b . 101 M ay
1 0 6 J a n . 1 1 0 A pr.
C a n a d a S o u th e rn .—1 s t, 5 s, 1908 J & J *110
2 d , 5 s...................................... 1 9 1 3 M A 8 *104*3b. 103*2 M ar. 1 0 7 F e b .
lOSHb. 107*4 A p r. 110*3 M ar.
C e n tra l of N . J . —C o n s.,7 s, 1899 Q—J
C onsol., 7 s ........................... 1 9 0 2 M A N 116i4b. 115*3 F e b . 120 A p r.
G e n e ra l m o rtg a g e , 5 g . . .1 9 8 7 J & J 119i8b. 112% J a n . 119*3 F e b .
1 0 3 M ar. 106 F e b .
L e h .A W .B .,o o n .I7 s ,a s ,d . 1 9 0 0 Q—M 104%
“
m o rtg a g e 5 s -1 9 1 2 M & N 1 9 0 b. 9 0 A p r.
92 % M ar.
A m . D o c k A Im p ., 5 s ___1921 J A J ll l M b . 1 1 1*3 J a n . 114*3 M a r.
C e n tra l P a c ific .—G o ld , 6 s . 1 8 9 8 J . A J 1 0 3 b. 99*3 J a n . 1 0 4 M ay
1 1 8_ b. 115*4 A p r. 1 17% M ay
C hes. A O hio.—S er. A , 6 g ..l9 0 8 A A Oj __
M o rtg a g e , 6 g ......................1 9 1 1 A A O; 1 1 7 b. 114*3 A p r. 11734 M ar.
ls tc o n s o l.,5 g......................1 9 3 9 M A N : 107*3 104*8 J an. 1 L1 % A p r.
G e n e ra l 4*38, g ...................19 9 2 M A 8
73% b. 68*4 J a n .
78*4 F e b .
R. A A .D iv ., l s t c o n ., 4 g .l 9 8 9 J A J
96*4b. 91% J a n .
97*4 M ay
“
2 d c o n .,4 g .. 1 9 8 9 J A J
8 2 b. 82 F e b .
85*3 F e b .
E liz. L e x . A B ig . S a n .,5 g .l9 0 2 M A S 1 0 0 b. 98 J a n . 102*3 F e b .
C hic. B u rl. & Q.—Con. 7 8 .1 9 0 3 J A J 119i2b. 115*2 J a n . 119*3 A p r.
qq
9 7 A p r. 101*2 A p r.
D e b e n tu r e , 5 s ..................... 1 9 1 3 M A N
C o n v e rtib le 5 s ....................19C3 M A 8 1 0 1 *3b. 99*3 M ar. 104*4 F e b .
9 5 b. 93*3 M ar. 95*4 M ay
D e n v e r D iv is io n 4 s ..........1922 F A a
9 1 b. 87*3 J a n .
N e b ra s k a E x te n s io n , 4 8 .1 9 2 7 M A N
91*s F e b .
H a n . A 8 t. J o s —C o n s.6 s.1 9 1 1 M A S| 11712 115 A p r. 118*4 J a n .
1 1 2 J a n . 117*3 M ay
Cliic. & E . 111.—1 st, s. f. 6s. 1 9 0 7 J A D ; 116i2b.
___
ConsoL 6 g ............................ 1 9 3 4 A A 0 *125 b. 1 2 3 J a n . 126*3 F e b .
G e n e ra l c o n so l., 1 s t 5 s . . 1 9 3 7 M A N | 9 9 b. 9 9 F e b . 102*3 A p r.
C h icag o A E r ie .—1 s t, 5 g . .l 9 8 2 M A N 109*8 1 05% J a n . 112 F e b .
9 2 b. 9 0 J a n .
A
93% F e b .
C hic. G a s L . A C .—1 s t , 5 g .. 1937
A
131 b. 1 2 3 J a n . 131*3 M ay
C hic. M il.& St. P .—C o n .7 s .1 9 0 5
A
1 1 7 b. 115 J a n . 118 M ay
1 st, S o u th w e s tD iv ., 6 s . . 1 9 0 9
A
112*3 J a n . 1 18% M ay
1 st, So. M inn.*.D iv., 6 s .. 1 9 1 0
118%
A
114*3b. 1 1 0 J a n . 114% M a y
ls t.C h .A P a c .W .D iv .5 s .-1921
A
M08*2b. 1 03% J a n . 1 1 0 A p r.
C hic. & Mo. R iv .D iv .,5 s . .1 9 2 6
A
e1 1 2 a. 106*3 J a n . 112*4 M ar.
W ise. A M in n ., D iv , 5 g .. .l 9 2 1
A
112% b . 108 J a n . 1 1 3 M ar.
T e rm in a l, 5 g ............. -___ 1 9 1 4
A J
9 6 b. 92*3 A p r.
G en. M ., 4 g ., s e r ie s A — 1989
97*2 M ay
A D 119
M il. & N o r.—1 s t,c o n .,6 s. 1913
115*2 J a n . 119 31 a y
1 3 8 b. 138% M ay 141 J a n .
C hic. A N. W.—C onsoL , 7 8 .1 9 1 5 Q - F
C o upon, go ld , 7 s ................ 1902 J A D 120
117*2 M ar. 120 M ay
S in k in g f u n d , 6 s ................ 1929 A A O 1 1 4 b. 112 J a n . 116 M ar.
S in k in g fu n d . 5 s ................ 1929 A A O 109 a. 108 J a n . 111 M ar.
S in k in g fu n d , d e b e n ., 5 s . 1933 M A N 10934 107*2 J a n . 11134 A p r.
2 5 -y e a r d e b e n tu re , 5 s . . . 1 9 0 9 m a n 105*8b. 103 J a n . 107 A p r.
E x te n s io n , 4 s ......................1926 F A A 101*3b. 100 J a n . 102*3 A p r.
C hic. R .I. A P a c .—6 s ,c o u p .1 9 1 7 J A J 128 *3b. 126 M ar. 127% M ay
lOO J a n . 105
E x te n s io n a n d co l., 5 s . . . 1934 J A J 105
M ay
3 0 -y e a r d e b e n t u r e ,5 s .. . 1921 M A S
97 b 92 Ja n .
9 7% F e b .
1 2 4 J a n . 129 M ay
C hic. S t. P . M. A O . - 6 s . . . 1930 J A D 129
C hic.A W .In d .—G e n .,g .,6 s . 1932 Q - M 117% b. 116*3 J a n . 118*3 F e b .
C le v e la n d & C a n to n .—5 s .. 1917 J A J 't 7 7 b. 79 J a n .
90 Ja n .
C lev. L o r. A W h eel.—5 s .. . 1933 A A O 1 0 6 b. 104% A p r. 107*4 M ar.
V C. C. A I.—C onsol. 7 g , .. . 1 9 1 4 J A D 134*3b 119 J a n . 134*3 M ay
1 2 5 M ay 1 2 7 M ay
G e n e ra l-c o n so l., 6 g ..........19 3 4 J A J 1 2 7
C .C .C .& St.L.—P e o .A E .,4 s. 1 9 4 0 A A O 7 5 b. 75*3 M a y
8 0 J an.
19 b. 1834 M ar. 2 3 J a n .
In c o m e , 4 s ........................... 1 9 9 0 A p ril.
98*sb. 94*3 J a n . 1 0 0 J a n .
Col. C oal A I r o n —6 g ........... 1 9 0 0 F A A
Col. A 9 th A ve. g u . 5 s, g .,1 9 9 3 M A 8 11313 b. 1 1 1 A p r. 114*4 F e b .
84*3b. 8 3
Jan .
O ol.H .Y al. & T ol.—Com ,5g. 1931 M A S
9 0 Feb.
G e n e ra l, 6 g ..........................1904 J A D
9 0 A p r.
89 b. 8 0 J a n .
D e n v . A R io G r.—1 s t, 7 s ,g . 1 9 0 0 M A N I l l a. 110*8 J a n . 1 1 4 A p r.
91 b. 8 3 J a n .
1 s t c o n so l., 4 g ....................1 9 3 6 J
9 2 M ay
9713a. 9 5 J a n .
D ul. So. Sh. A A tl.—5 g .._ . 1937 J
98 F e b .
103*3b 9 7 % J a n . 1 0 5 M ar.
E d iso n E l. 111.—ls t,c o n .g .5 s .’95 J
E r ie —4 , g , p r io r b o n d s ___1 9 9 6 J
9 4 a. 9 3 F e b .
95*3 F e b .
G e n e ra l, 3-4, g ................. 1 9 9 6 J
6 4 M ar. 6 7 A p r.
64*3
t 5 6 M ay f 70*2 F e b .
F t. W . A D e n v . C ity .—6 g .. 1921 J A D t 58
G a l.H .A S a n .A n -M .A P .D .lst,5 j M A N
93 J a n .
90% M ay
90*3
G en. E le c tr ic ,d e b . 5 s , g . . . 192: J A D
85 J a n .
92*3
93*2 F e b .
H o u s. A T. C en t. g e n . 4 s, g .1 9 2 1 A A O 7 0
68 A p r.
7 1 A p r.
Illin o is C e n tra l.—4 s, g ....... 1953 M A N 100*8b. 9 9 J a n . 1 0 2 F e b .
W e s te rn L in e s, 1 st, 4 s, g .1 9 5 1 F A A 1 0 2 *4b. 1 0 1 M ar. 103*4 J a n .
I n t. A G re a t N o r.—1 s t,6 s,g . 1919 M A N 1 1 5 b. 1 1 5 J a n . 118*3 A p r.
2d, 4 -5 s .................................1 9 0 9 M A S 7313b. 7 0 J a n .
77*3 F e b .
9734
90*3 J a n .
Io w a C e n tra l.—1 s t, 5 g ___1938 J A D
9 7 78 M ay
63 b. 6 0 A p r.
K in g s Co. E le v .—1 s t, 5 g .. 1925 J A J
71 J a n .
91 %b. 9 1 M ay
L a c le d e G a s.—1 s t, 5 s , g . . . 1919 Q—F
96 J a n .
L a k e E r ie A W est.—5 g ___1937 J A J 1 1 7 b. 113 J a n . 1 1 7 A p r.
1 1 2 J a n . 115 J a n .
L . S hore. —C o n ,cp ., 1 s t, 7 s . 1 9 0 0 J A J 1 1 4
C onsol, c o u p ., 2 d , 7 s ........1903 J A D 120*eb. 1 1 8 J a n . 120% M ar.
Ill
Ja n . 114 Feb.
L ex . A v. A P a v . F . g u . 5 s ,g .l9 9 3 M A S 113%
119 %b. 117*4 J a n . 1 2 0 F e b .
L o n g Is la n d .—1 s t c o n ., 5 g . 1931 Q - J
9 6 b. 93 M ar. 9 8 J a n .
G e n e ra l m o r t g a g e ,4 g . .. 1938 J A D
Louis. A N a sh .—C ons. 7 s .. 1898 A A O 105*3 1 04% A p r. 108*8 M ar.
N. O. A M o b ile, 1 s t, 6 g . .. 1930 J A J 1 1 7 b. 118 J a n . . 119 F e b .
"
“
2 d , 6 g . 1 9 3 0 J A J 100*3b. 9 7 J a n . 102*4 M ay
G e n e ra l, 6 g ......................... 1 9 3 0 J A D 1 1 8 b. 1 1 4 J a n . 117% A p r.
79
71*2 J a n .
U nified, 4 g ...........................1 9 4 0 J A J
80% F e b .
Louis,N . A. & Oh.—1 s t, 6 s . 1 9 1 0 J A J 113*2b. 111% J a n . 113*3 F e b .
C onsol., 6 g ...........................1916 A A O 1 0 0 b. 9 9 A p r. 103 F e b .
M a n h a tta n co n so l. 4 s ........1 9 9 0 A A O 9 5 b. 94% A p r.
9 9 % M ar.
M e tr o .E le v a te d .—1 st, 6 g .l9 0 8 J A J 119*4b. 116*3 J a n . 1 19% M ay
2 d ,6 s ......................................1899jM A N 105% b. 105 M ay 108 A p r.
M ich. C eut.—1 s t,c o n s., 7 s . 1 9 0 2 M A N 116 b. 115 M ay 119 J a n .
C onsol., 5 s ...........................1 9 0 2 M A N 106 *4b. 105 M ay 108*4 Feb.
M il. L a k e Sh. & W .—1 s t,6 g .l9 2 1 M A N 1 3 0 b. 129*8 J a n . 132*3 A p r.
F e b . 115*2 M ay
E x te n . A Im p ., 5 g ............1929 F A A 115% a. I l l
M inn. A St.L .—1 s t c o n .5 s,g . 1934 M A N 101 a. 96*3 J a n . 103*4 A p r.
86 J a n .
M r. K. A E .—1 s t 5 s ,g ., g u ,.1 9 4 2 A A O 92
94 Feb.
N o t e .—“ b ” in d ic a te s p r ic e bid; “ a " p rio e asked; th e r a n g e is m a d e u p

R a il r o a d a n d
M is c e l l a n e o u s B o n d s .

Closing
InV st Price Range (sales) i n 1 8 9 6 .
Period H a y 29 .
Lowest.
H ighest.

86
M. K . & T e x a s .—1 s t, 4 s, g .1 9 9 0 J & D
80 Jan .
59
2 d , 4 s, g ........................... . . . 1 9 9 0 F & A
53*3 J a n .
M o. P a c .—1 s t, co m , 6g ........1920 M <fc N 88 b. 8 9 M ay
NT G05*3b 1 06 M ay
3 d , 7 s ...................... ...............1906 "M & X
P a c . o f M o.—1 st, e x ., 4 g .l9 3 8 F & A 102 b. 101 F e b .
2 d e x t. 5 s ..........................1938 J & J *108 a. 105 M ay
S t. L . & I r .M t .l s t e x t ., 5S.1897 F & A 10 0 %b, 1 00 F e b .
2d , 7 g ................................. 1897 M & N 10 0 %b. 1 00 J a n .
C a iro A rk . <&T e x a s, 7 g .l8 9 7 J & D 1 0 1 %b. 100*3 F e b .
G en. R ’y & l a n d g r.,5 g . 1931 A & O 79%
7 7 A p r.
M obile & O hio—N e w 6g . . . . 1927 J & D 120 b. 11 7 J a n .
G e n e r a l m o rtg a g e , 4 s . . . 1938 M & S 6 5 %b. 62% J a n .
N a sh . Ch. & S t.L .—1 st, 7 s . . 1913 J & J 130*3b. 1 2 7 F e b .
C onsol., 5 g ............................1928 A & O 100
99 A pr.
95*3b. 9 2 J a n .
N a t’l S ta rc h M fg.—1 s t 6s . . 1 9 2 0 M & N
N . Y. C e n tra l—D e b t e x t.4 s . 1905 M & N 10 1 b. 100*3 J a n .
1 s t, c o u p o n , 7 s ....................1903 J & J 120 b. 1 18 J a n .
D e b e n ., 5s, c o u p ., 1 8 8 4 .. 1 9 0 4 M & S 1 07 b. 105*3 M ar.
N . Y . & H a rle m , 7 s, r e g .,1 9 0 0 M & N I l l b. 111*3 M ay
R .W . <fc O gd., c o n so ls , 5 8.1922 A & O 11634b. 1 16 A p r.
W e s t S h o re, g u a r., 4 s ___2361 J & J 106*4 1 04 J a n .
N. Y. C hic. & St. L .—4 g . . . l 9 3 7 A <fc O 103%
1 02 J a n ,
N . Y . L a c k . & W .—1 s t, 6s . . 1921 J & J 133*ab. 129 J a n .
C o n s tr u c tio n , 5 a ............. 1923 F & A 1 15 b. 112*4 M ar.
N .Y .L .E .& W .—1 s t,co n .,7 g . 1 9 2 0 M & 8 139% b. 135 J a n .
L o n g D o c k , c o n so l., 6 g .1 9 3 5 A & O 130*2b. 131*3 A p r.
N .Y . N. H . & H .—Con. deb. c tfs. A & O 130*sb. 131 M a y
N .Y . O nt. & W .—R e f. 4 s, g .1 9 9 2 M & 8 87% b. ! 87*3 M ay
jl0 7 J a n .
C onsol., 1 st, 5s, g ...........M 9 3 9 J & D 110
96 b. 9 6 A p r.
N.Y.SUS.& W .ls tr e f .,5 s , g .1 9 3 7 J & J
M id la n d o f N. J ., 6s, g .,.1 9 1 0 A & O 1 15 b. 113% M ay
60 J an.
N o rf.& W .—100-y e a r, 5 s ,g .1 9 9 0 J & J
N o. P a c ific —1 s t, c oup. 6g . 1921 J & J 116*2b. 113*4 J a n .
G e n e ra l, 2d, c o u p ., 6 g . .l 9 3 3 A & O t l l 5 a. |1 0 0 J a n .
G e n e ra l, 3 d , c o u p ., 6 g . . l 9 3 7 J & D t 7 0 b. | 6 4 J a n .
C onsol, m o rtg a g e , 5 g .,.1 9 8 9 J & D t 4934
31*3 J a n .
Col. t r u s t g o ld n o te s , 6s . 1898 M & N t 91*4b. 76*3 J a n .
C hic. & N . P a c ., 1 s t, 5 g ..l9 4 0 A & O t 45*3 t 3 7 J a n .
40
13 6 M ar.
S e a t. L. S. <&E., ls t.,g u .6 .1 9 3 1 F & A
N o. P a c . & M o n t.—6g .........1938 M & S 3 9 a. 126 J a m
So. P a c ific T e r. Co—6g ___1938 J & J 108 %b. 1 0 0 J a n .
& J 1 0 4 %b. 103 J a n .
O hio & M iss.—C o m a f., 7 s . 1898
90
O h io S o u th e rn —1 s t, 6 g . . . l 9 2 1 J & D
87% J a n .
M
& N t 29*3a. 2 5 J a m
G e n e r a l m o rtg a g e , 4 g .,1 9 2 1
90
8034 M ar.
O re g o n Im p r . Co.—1 s t 6g . .1 9 1 0 J & D
C onsol., 5 g ..........................1939 A & O 17
17 M ay
O re .R .& N a v . Co.—1 st, 6g . 1909 J & J 1 1 0 *2b. 10 5 J a n .
C onsol., 5 g ..........................1925 J & D 195 a. t 9 0 J a n .
P e n n . Co. - -4*sg, c o u p ........ 1921 J A J 113 b. 108*4 J a n .
I l l b. 105*2 J a n .
P .C .C .& S t.L .,e o n . g u 4 * s .l9 4 2
P e o . D ec. <fe E v a n s v .— 6 g .1 9 2 0 J & J 10 1 %b. 101 M ar.
M
A
S
102 a. 101 M ar.
E v a n s . D iv isio n , 6 g ........ 1920
2 d m o rta g e , 5 g .................. 1926 M A N t 2 8 a. 2 6 M ar.
J
A
J
t 7 9 b. 171*3 J a n .
P h ila . A R e a d .—G en ., 4 g . . 1958
28
l s t p f . i n c . , 5 g , l s t i n s t p d . ’58
18*4 J a m
534 J a m
t 16 b.
2 d p f.in o ., 5 g., l s t i n s t p d .’58
t 13 b.
3*2 J a n .
3 d p f .m c ., 5 g., l s t i n s t p d . ’58
7 6 b. 65 M ar.
A
P it ts b u r g & W e s te rn —4 g . 1917
A
R io G r. W e s te rn —1 s t 4 g .,1 9 3 9
7 0 J an.
76*4
40 Feb.
S t. J o . & G r. I s la n d — 6 g . . l 9 2 5 M A N t 4 5
St. L. & S a n F r .— 6 g, Cl. B . 1906 M A N 115% b. 111% J a n .
6 g ., C la ss C ......................... 1906 M A N 115% b. 112 J a m
G e n e ra l m o rtg a g e , 6 g . . l 9 3 l J A J *1 1 2 *ab. 101*2 J a n .
23 M ay
C ons. g u a r. 4 s, g ................ 1 9 9 0 A A O 24
7 0 b. 7 0 J a n .
S t. L. & So. W .—1 s t, 4s, g .1 9 8 9 M A N
2d, 4 s , g., in c o m e ...............1989 J A J * 25 b, 24*4 J a m
S t.P .M .& M .—D a k .E x .,6 g .1 9 1 0 M A N 116*sb. 119 M ar.
1 s t c o n so l., 6 g ..................1933 J A J 1 2 4 b. 1 1 7 J a m
"
re d u c e d to 4*3 g - - J A J *105 b. 101% J a m
85*sb. 86 M ar.
M o n ta n a e x te n s io n , 4 g .1 9 3 7 J A D
S an. A n t. A A . P .—l s t ,4 g .,g u .’43 J A J * 5 9 a. 51*3 J a m
95*sa. 9 3 J a m
So. C ar. A G a.—1 s t, 5 g . . . l 9 1 9 M A N
9 4 Feb.
96*3
So. P a c ific , A riz .—6 g . . .1 9 0 9 -1 0 J A J
So. P a c ific , C al.— 6 g . . . 1905 -1 2 A A O * 1 1 1 b. 1 07 A p r.
1 s t c o n so l., g o ld , 5 g ....... 1 9 3 7 A A O 9 0 b. 90*4 M ar.
So. P a c ific , N . M .— 6 g ........ 1911 J A J 105*3 101*3 J a m
93%
87% J a m
S o u th e rn —1 s t c o n s, g, 5 s . 1 9 9 4 J A J
9 0 M ar.
E . T e n n .r e o r g lie n 4 -5 s. 1938 M A S 91
J
A
J
1
1
0
b.
107 Jam
E . T. Y. A G .—1 s t ,7 g . . . . 1900
1 05 J a m
C on. 5 g ............................. 1 9 5 6 M A N 1 07
G e o rg ia P a o . I s t5 - 6 s , g .,1 9 2 2 J A J 1 1 4 b. 1 10 J a m
K n o x v . A O hio 1 s t 6s , g . . 1925 J A J 115% a. 113 F e b .
R ic h . A D a n v . con. 6s, g .,1 9 1 5 J A J 12 0 *a 115 J a m
W e8t.N o .C a r l8t c o n . 6s,g 1914 J A J *113*3b. 112*3 F e b .
T e n m 0 . 1. A R y —T en. D. 1 s t, 6g A A O 8 7 a. 8 9 J a m
8 4 b. 8 9 J a m
B irm in g h a m D iv ., 6 g . . . l 9 1 7 J A J
81 J a m
T e x a s A Paoiflo—1 s t, 5 g . . 2 0 0 0 J A D
90*4
18 J a m
21*3
2d , in c o m e , 5 g .................. 2 0 0 0 M a rc h
T o led o & O hio O e n t.—5 g . . 1935 J A J 1 08 *3b. 105*3 J a m
Jam
Tol. S t. L A K a n . C.—6 g . . . l 9 1 6 J A D t 7 2 %b. t 7 1
102 F e b .
U n io n P a c ific — 6 g .................1898 J A J 104%
9 0 b. 9 0 J a m
E x t . s in k in g fu n d , 8.........1 899 M A S
C o lla te ra l t r u s t , 4*3.........1 9 1 8 M A N t 4 7 b. 1 4 8 M a y
G o ld 68, col. t r u s t n o te s . 1 8 9 4 F A A 9 7 b. 91% M ay
K a n . P a o .-D e n .D iv ., 6 g . 1899 M A N l l l * 4b. 106 J a m
7 2 b. 68*3 M ay
1 s t consoL , 6 g ................1 9 1 9 M A N
O re g o n S h o rt L in e —6 g . 1922 F A A t l l l %
1100 J a m
5 1 J am
O r.S .L .A U t’hN .—C o n .,5 g l9 1 9 A A O t 65*3
37 b. 31*3 J a m
U .P .D e n .A G u lf ,c o n .,5 g .l9 3 9 ,J A D
U . S. C o rd .—I s t c o L , 6 g . . . l 9 2 4 J A J
29 b. I 28*2 A p r.
V irg in ia M id.—G en.M ., 5s. 1 9 3 6 M A N 100 %b. 9 7 J a m
W a b a s h —1 st, 5 g ................ 1 9 3 9 M A N 1 05% 102*3 J a m
2 d m o rtg a g e , 5 g ................ 1 9 3 9 F A A 7334b. 69 J a m
105*3 J a m
W e s tN . Y . A P a .—1 s t, 5 g . l 9 3 7 J A J 1 08
4 4 b . 43*« A pr.
G en . 2-3-4s, g o ld ...............1 9 4 3 A A O
W e st.U n .T e l.—C ol. tr . 5 s .. 1938 J A J 107*4 1 0 5 F e b .
136*3 M ay
W ise. C e u t. Co. 1 s t 5 g ........ 1 9 3 7 J A J t 37
fr o m a c t u a l s a le s o n ly .

* L a te s t p r ic e th is w e ek .

87 Feb.
63 *3 F e b .
97 Ja n .
112 J a m
102*3 J a m
106 A p r.
102*3 J a m
103*3 A p r.
102% M ay
81*3 M ar.
120*3 M ay
68 *3 F e b
130*2 M ay
1 02 F e b
95 J a m
103*3 A p r
120% M a r
109 F eb.
111*3 M ay
119*4 F e b .
106*3 F e b .
105 F e b .
133*3 F e b
1 1 4 M ay
140 F e b .
131*2 A p r.
137 Feb.
93*4 F e b .
110 Feb.
1 00 J a m
1 18 M ar.
67 F eb.
118 M ar.
115% M ay
82% M ar.
1 51*3 A p r.
9 4 A p r.
t48*3 A p r.
144*2 F e b .
t 39*2 A p r
1 08% M ay
104*3 M a y
94% F e b .
35 F eb.
91 % J a m
36 Ja m
111*4 A pr.
t 98
Feb.
113*4 M a y
112*4 F e b
102 M a r
1 01 M a r
31 F e b .
80*4 A p r.
, 36*2 J a m
122*2 J a m
120 Jam
77 J a m
77 % F e b t
15 1 J a n
117*2 A p r.
118 A p r,
1 13 M a y
38 M ar
76 Feb
32 F eb.
121*4 M a r
1 2 4 A p r.
105*3 M ar.
89 Feb.
59 F e b .
9 7 A p r.
97 Feb.
111 F e b .
92% A p r.
10 6 F e b .
94*6 M a y
93*4 F e b .
1 1 0 % M ay
109*2 A p r.
114 Jam
1 16 M ay
120*3 M a y
1 14 A p r.
93 Feb.
95 F eb.
9 1 A p r.
24 % F e b .
1 09 F e b .
1 77 Feb.
1 07 M ay
97*8 F e b .
54% F e b .
98 J a m
111 A p r.
1 77*3 F e b .
1 15 A p r
17 0 F e b .
40% A p r
136% F e b .
1 05 A pm
1 Q<* A p r .
77*4 F e b .
108*« M ay
49 % F e b .
1 08 F e b .
If 4 6 F e b

1 T r u s t r e c e i p ts .

NEW YORK STOCK EXCHANGE PR IC ES—(C ontinued). — I N A C T I V E B O N D S - M A Y 2 9 .
S E C U R IT IE S .

B id.

A sk.

S E C U R IT IE S .

B id.

Ask.

S E C U R IT IE S .

j B id. : A sk .

9 7 ! ..........
94
R och. & P ., 1 st, 6s ................. 1921 1 123*3 124
1024
120
R
och.
&
P
it
ts
.—C
ons.
1
s
t,6s.
1922
117%
W V a. & P i t t s —l> t, g., 5 s .. 1990 102
A la b a m a M id.—1 s t. g., g u a r .. 1928 *90*3 9 4
Buff. & S u s q u e h .—1 s t, 5s, g . . l 9 1 3
102
B . & 0 . S. W ., 1 s t. g . , 4 4 s . . . 1 9 9 0
..........
A tc h . T o p e k a & S a n F r a n .—
B
u
rl.
C
e
d
a
r
R
a
p
id
s
&
N
o
r.M o n o n . R iv e r, 1 st, g .,g . 5 s . .1 9 1 9
C h ic a g o ^ s t. L o u .—1 st, 6s . 1 9 1 5
1 08 108%
1 st, 5 s ...........................................
O e n t'l O hio R e o r.—1 st, 4 *28.19 30
C ol. Mid 1 st. g , 6s ................1936
C onsol. & e o lla t. t r u s t , 5 s .. 1 9 3 4 *10 1
A k .& C U .Ju n o .—ls t ,g , 5 s , g u .l 9 3 0
A tl. & P a o .—2 d W. D., g u . 6s . 1907
5 5 , M in n . & S t. L .—1 st, 7s. g u .1 9 2 7
B ro o k ly n U le v ated —a d , 5 s .. .1 9 1 5 *50
W e s te rn D iv isio n I n c o m e .. 1 9 16
C ed. R ap. I . F . & N ., l s t .6 s .1 9 2 0 1 05
1 % j S e a sid e & B .B .—1 s t,g ,5 s,g n . 1942
B a l t A O hio- 1 st.
P a rk B. 1919 i o s
..........
1 s t, 5 s ....................................... 1921 i 102
..........:
70
1B ru n sw ic k & W n — 1 st, g., 4 s . 1938

R ailroad Bonds.

( Slock E xchange Prices.)

B a lt. & O h io —5s, g o ld .............. 1925

..........

THE CHRONICLE.

Ma y 30, 1896.]

983

NEY> tU tiB L S I'lK 'K . S 3U H A .N tfK P l t l C E S . — L N A O T I V E B O N D S — f C o n t i n u e d J — M A Y 2 9 .
SEC U R ITIE S,

B id.

Ask.

SEC U R ITIE S.

Bid.

Ask.

SEC U R ITIE S.

Bid.

Ask.

N o rth ern PacM o—
......... Svans, A Italia n .—1st, c o n s ..1926
G O hlo—Col. * O n
1939
94is ------ F lin t A P . Mara u e tte —
C. d’A lene—Gen. ls t .g ., 68-1938
Cent. BR, A B a n s. -C o l. if. 5 a. 1927
40
......... : M ore, «?.
......................... 1920 113V 115
"e n t. of N. J-—Cor.v. deb., 6 s .1908
Gent. W ashington—1st,g.,68.1938
93
N orfolk A S outh’n —1st, 5 s,g .l9 4 1 103 110
Cans Pacific—Gold bonds, 6s,1896 102 ......... 1 1st, non, gold, o s ....................1939
Norfolk A W e s t 90
80
Gold bonds, 6 s ....................... 1897 102 ....... 1 P t. H uron Div.—1st, 5 s ___193S
G en eral. 6s -.............................1931 123 125
can Jo a q u in B r., 6s............... 1900 102 ---- - Fla, Cen A P en .—1 st g. 5 s.. ..1918
1 st oon, g., 5 s ........................1943
N ew R iver 1 st 6 s . . . . . ..........1932 116 __ ,,
Mort. gold 5 s ............ - ............1939 •90 ........
Im p . A E x t,, 6s....................... 1934 114
53V 61
Lar..i g ran t, 5 s, g — ............. 1900 95 . . . . . . . Ft. W orth & R, G.—1st g., 5 s ..1928
A djustm entM .. 7 s ................ 1924
C a l * O. Dry., c i t . , g. o s . . . 1918 102 ......... G a l.H a r. A San A nt.—1 st, 6 s .1910
2d m o rt., 7 s........... .............. 1905 101
Md. A Wash, Div.—Is t,g .5 s.l9 4 1
West. Pactflo—B o n d s,8 s ---- 1899 103 .........
80“
Ga. Car. A N or.—1st, ,:u. 5s, g.1929
No. B allw ay (CaL>—1st, 8a. 1907
Scioto Yal. A N. E .—1 s t,4 s,.1990 *
G rand B ap. A Ind.—Gan. 5 s. .1924
Ohio A Miss.—
50-year 5s............................. 1933 92
Consol. 7 s ..............................1 8 9 8 104ifi 104%
Caes. & G.—P u r. M, fu n d , 69.1898 1 0 5 V 1 0 6 V Housa tonic—Cons, gold os— 1937 122
2d consol. 7 s ...........................1911 100 ___ Hi
N. H av en A D erby, C o ns.os..l918 113
i ra lg T alley—1 st, g „ 5 a ..-.1940
- : H ons. A T . a —Waco A N. 7s.. 1903 125
S prm g.D iv.—1st 7 s................1905 101
W arm Spr, V al., 1 st, g. 5 s . . 1941
1 st g., 5s ( t a t g td )................1937 109
G eneral 5s................................1932
Glee. O. A So. W e s L - la t 6s, g.1911
- r! Cona. g. 6s (tat. g td )............. 1912 100 102
Ohio R iv er HR.—1st, 5s.......... 1936
2d, 6 s ........................ . . . . . ..1 9 11
j 1 D ebent, 6s, nrin. A ta t, gtd.1897
G en, g .,5 s ...............................1 9 3 7 87
90
Oh. V .-G en .co n .lat,g n .g .5 s.l9 3 8
O m aha & St, Louis,—1 s t 4 s ..l9 3 7 *45 ___ ,
Chicago 4 A lton—8. F ., 6s. ...1 9 0 3 *114 ;........., D ebent. 4s, p rin . A t a t. gtd.1897
Uiuiois C e u tr a lO regon A C alifor.—1 st, 5s, g.1927 *75
to m s. A Mo. R iv e r - 1st, 7S.1900 • U t 114
621q
2d, 7 s .................................... 1900 107% :.... S 1 s t ,g., 4 s ...................................1951 108
Oreg. R yA N av.—C ol.tr. g..5s,1919 60
106
St. L. Ja ck s, A C .h ie.-2 d , 7s.l89S 107 V i......... i 1st. gold, S V a .......................... 1951
111V
P e n n -P .C .e .A 8 t,L .e n ,g.4 V sA 19 4 0 111
MIs a B. B ridge—1 s t,a. L, 08.1912 104>9 !.........i Gold 4 s . .................................. 1952 100
Do
do
Series B ____ m i
P .C .A 8 .L .-lst,0 .,7 s.................1900
C lio. B ari. A X or.—1 s t ,5 s___1926. 103 *s,104** • Cairo B ridge—4 s .....................1950
S iding/. D lv.—Coup., 6 s___ 1898 104
P i t a . F t. W. A C.—1st, 7 s... 1912 .........
D ebenture 6*................ ..........1896.
M iddle Div.—R eg., 5s_____ 1921 n o
Onto. B arling. * (j.—5 s, s. f ..!9 0 1 103 V
2d. 7 s ....................................1912
3d, 7s......................................1912 130 133
C. St. L. 4 N, O.—T e n .I., 7 s . 1897 103V
Iow a D ir.—Sink, fu n d , 5S ..1919 106 V
1 st, consol., 7s..................... 1897 103 V
S taking fu n d , 4 s______
1919 98% 98V
Ch.8t.L.A P.—lst,c o n .5 s ,g .. .1932 115V
89is .. .
P lata, 4 s...................................1921
Gold, os, o o u p o n .................1951 121
Oiev. A P .—Cons., s. fd ., 7 s .1900 113V . . . . . .
Chicago A Io w a D ir .—5 s. ..1 9 05 . . . . . 107 V
Memp, D ir., U t g . 4 a ........1951
......
Gsn. 4VS, K., “ A . . . . ___1942
90
|it Ced. F alls A M ta n .- l s t ,7 a ..1907
Cmc. A In d ian a Coal—l e t 58.1936; 98V; 100
8t. LA*. A T . H .—1 s t,6 8 .,79.1897 f 0 3 ~
.
Chi. Mil. A 8 t.P ,-l« t,3 s 4 M > .1 8 9 S 107 V ......... In d . D. A 8p r.—1st 7s. 1906, tru s t
2d, 7 s ..................................... 1898 103
26
* 1 ,7 3-108, P. D ................... 1398 125
n e t s . , e x b u n d s..............................
2d, guar., 7s......................... 1898 103
Ind. Dee. A W .~ 1st. g„ 5 a . . . 1935 ICO 101 Vj G<L R. A I.B xt.—1st,4 V s,G.g. 1941
l i t , 78, 0 g „ R. D ....................1902 127%
•Ind. III-. A Iow a.—le t, g, 4 s ..1939
1st, I. A M„ 79....................... 1897
P eoria A P ek. Union—1st, 6 s .1921 i n
"its" 2d m ortg., 4 V s........................1921 72V
1st, ex t,, g. 5 s . ........................1943
l i t , 1. St 0 . , 7 l ....................... 1899
27 i P i t a . Clove. A T ol.—1st, 6 s ...1922
Int. A G . > " n .-3 d , 4s, g ......... 1921 *20
1 st .C. A M„ 7«........................1903
IK , X. Si D. E x te n sio n , 7 s. ..1908, 133 134 :K ings Co.-F.E!., l«t,5,g.,gu. A. 1929
P itts , a L. E r.—2d g. os,**A” . 1928
in
L ake E rie A W est.—2d g., 59.1941 .........1 0 1 V P i t a . Me. K, A Y . - l s t 6s____ 1932
I r t , La t,. A D av., 5»......... 1919 n o
P itts. P utasv. A F .—1st, 5 s ...1916
N orth'll Ohio—1st, gu, g. 58.1915 ’ .......;103
l r t , H A D .,7 e ......................1910 ......... 128
90
82
L, 8. A M.8ou,—B.AE.—New 7 s.’98 1 05V 1....... P itts.S h e u .A L .E .—lst,g .,5 s . 1940
i< t. B . A D ..5 e ...................... 1910
D-L M. A T.—1st, 7 s . . . . . . . . 1906 123 ; .........i 1 st co n so l 5 s . . . ....................... 1943
0 itcago A Pacific D lv,, 6 s ..1910 *118 ........
L ake S hore—D lv. b o n d s,7 s. 1899, 107V ;......... P itts, a West.—M. os,ed.891-1941 *30" 40*’
M ineral P o in t DIt .Os ...........1910 *106 V 108V
K:d, AIL A G. R.—1st gu. 5s, 1938 113 . . . . . . i Pltto.Y ’gsfn A A .—1st, fis,oon.l927
C. St U Sup. B in , 5»............ 1921 .........I l l
—
. — , M ahon'g Coal R R .—1st, 5e. 1934 t i l i ... i Rio G rande Ho.—1st, g., o s __1940
66
F argo A S outh., 88, A.-- -....1924 113
H
O
!.........
LehighV,,N.Y.—l
o t ga.g.4 Vs.1040 101 .102 a t.J o s . A O r Is.—2 d ln o .......... 1925
Inc. cony. sink, fu n d , 5*___ 1918
1»8V
Kau. C. A O m aha—1st, 5 s ..1927 20
D akota A GL S outh., 5»___ 1916; 1 0 * V> 110V 1:Lehigh V.Terrn.—1 st ga. 5 s,g. 1941
Lehigh V*J Coal—1 s t 5 s,g n .g .l9 3 3
8L L. A. A T. H,—T erm . 5 s ..1914 107
M il & Nor. m a te Hue—O s... 1910; 118V 120
- i dtchf. C ar.A W e « t.- la t 6«. g. 1916
Bellev. A So. 111.—1st, Sti. ...1896 102
C hlo-ANorw.—30-year deb.5*.1321 10 s
20
U U le Rook A M,—1st, 5s, g ..l9 3 7
Bellev. A Car.—1st, 6 s , ........1923
fiscan ab a A L. 8 .1 s t, 6a___190!
104
ii.ong Inland.—
;
Oe«M. A M inn.—1 st, 7 s . . ..1907;
Chi.8LL.APaA.—Ist.gd.g.os 191 «
95
8L L ouis So.—1st, g<£ g. 48.1931 *89
low * M idland—1st, 8 s......... 1900! 115
1898 105
! 1st, 7 * ........
: F e rry , 1st,
4 *s 9 . . . ............1922
90V I
do
2d in co m e,5 s. 1931 ‘70
Chic. A M ilw aukee—l e t , 7(1.1898; 107V
Gold
4
s.......................
1932
Car. A S haw t.—1st g. 4 s___1932 *04
Win. 4 8t. P .—2 d ,7 s.............1907 j 124
A ll. A M ad.—1st. 6 s....... ...19001 114 116 V
N. Y. A R’way B . - l s t . g . 58.192'
8L L. A 8. F .~ 2 d 6», g „ ol. A . 1906 1157s . . . . . .
42V ; G e n e ra ls * .............
1931 __
o n . a P. A Bt. P ,—1st, 5 s . 1909, 1C8
99
2d toortg., t n a .................... 1927 35
91
1st, tru st, gold 5s................ 1987
F o rth e rn 111—1st, 5 s ......... 1910 10*
N.Y.A M an.B each,—l e t, 7s, 1897 101V
101
MIL 1 . 8. A W.—C on.d«b„5*. 1907 105
N.Y.B.AM.B.—ls tc o n . 5s,g. 1935
K an. City A 8 1st. 6s, g ... 1910
M ieh. D lv., 1st, 8a ............ 1924 127 131
B rook;-uA M ontaak—le t, 6s. 1911 112
F t. 8. A V. B,B g. —le t, 6 a ... 1910 100 : : : : : :
A shland D ivision—l i t , 6* 1928 1*27
1st, 5 s ................................... 1911
K ansas M idland—1st, 4s, g.1937
No. Bhor* Br.—Isto o n .5 s,g .l9 3 2
St, P au l City Ry, oon. 5s, g ... In; I ‘ 90 ' 95
Ch.K. L A P -D .M . A S. D .l »t 4». 1905 *84
95
Gold 5s, e t m r ......................... 1937 ‘ 90
Lsta*.Ev»ui*.A8t. L.—Coii.S8.1939 •33
le t. 2V s.................................1905' 62 V
Ex tension, i s ......................1905 82
L ouis. A N aeh.—Cecil. Br. 7s.. 1907 104V ......... 18 t. P a u l A D u lu th —1st, 5e____1931 *108
K eokuk St De* M.—1st, 5».. 1923: 103
E. II. A N ash.—1s t 6», g . . . . 1919 115 117V 2d m ortgage 5s..........................1917
1 St. P au l Minn A M.—1st, 7 a .. 1909
Chic.Bt. P .A 51tan .—1 st. 6 a ... 1018 129 129V
Pen»aco»a In vision. 6 s ......... 1920 107
2d m o rt..6*.............................. 1909 i'lT v 119V
Bt. P aul St 8. a - i s t , 6«........1911) 127V 130
St- Louis D ivision, 1st, 6 s ... '9 2 1 120
63
M taneap. U nion—1 a t 6 s .. ..1922
125
Ohio. * W. In d ,—1st, «. f„ 6S.1919 .................... .
2d, 3 s . . . . . . ....... ..................1980
M int. Len.—1 st, g u ar., 6 s ..1937 117 . . . . . .
G eneral m o rtg ag e, 6*............1932 H 7 k ..........
N ashv. A L.-.*.out —1 s t,7«.. 1900 UOV
1 st guar, g. 5 s ......................1937
Chic. & West. M id i.- .'., .....1 8 2 1 ,
8. f.,6 s .- « . A N . A la............. 19;0
102V
100
E ast. M inn., 1 st div. 1st 5 s .1908
50-yeur 5s, g............................1937
- tu Han.- St 0 . —Con. s. f„ 76.1905 119V .......
105V 106V
W llinarA SlouxF.—1 st, g,5 a.l9 3 8
*d, gold, 4V«...........................1937 ' 101V 105V
Pens, A A t.- 1st, 6s, gold. ..1921
98 100
San F ran. A N. P .—1st, g., 5*. 1919 I Z Z 102V
t i n . If. A Ir-n - l« t, gn. 5a, g. l y 11 1O6VT09V
C oilst, tru s t, 5s, g ________ 1931 TOO
Suv. Fi.AW est. -1 st, eon-g-CSs, 19 3 1
ffiev. Ak. A C o L -E q . A 2d 6S.1930
L.AN. A M.AM,™ls t.g .,4 Vs 1945 ■104
S outhern—Ala. C ent., 1 st 6 s. 1918
a c . a A 8 t. L.—Gen., g. 4S..1993 ........ 87
N asb .F lo r.4 8 .—1st, ku„ 5*.1937
88
A t!. a Chur.—1 at, p re f., 7 s . . 1897
Cairo division, 4 s ................. 1939
.......ii K entuoky C entrsi—la, g . . . 1937
Inoom*, 6 s ...........................1900
#hL oa-D iv.—Asteoits*t4s,g,.l90O 91V 92 V ;L ou.A Jotl,B dgeC o,—G n .g .is. 1945
8prtag.AOol.DlV.—lst,g .4 « . 1940
71
Colurn. A G reen.—1st, 5-69.1916
Lou.N.Alb.ACn,—Gen.ni.g.5fl.1040 *
ii2 %
E. T«nn. V. St G a.—Divls.us 1930
WnlteW.VaLDlv.—1»Lg. 4 a 1940
M em phis A C hari.—6e, g o ld .. 1924
Rich. A D an.—E q. 9. f. g. 5 s .1909
M exican Cent. Consol —4s, g.1911’
0 ta.W ab .A M .D tv .-lsm t.4 s.1 9 91
91V
D eben. 5s, s ta m p e d ......... 1927 *100
1st, ooas, incom e 3s, g .........1939
Ota, I. Bt. L. A C.—Ist^f.,4s. 1936 *97
Y Ir'a Mid.—S erial sor.A , 6s. 1906 . . . . . . .........
130
consol , 6 s .............................. .1920
Mex. In te rn a tio n a l—1st, io .g .lm x
Series B, 6 s....... ...................1911
fta.Bao.AC'L—Con. lst,g .5 s , 1928 I 'm
. . . M exican N ational—l « t ,g .,0 s. 1927
Series 0 , 6a...........................1916
In d ian a B. * W.—l s t , pt.7s.1300 108 V
2d, Incom e, 6s, "A ” ........... ..1 9 1 7
8
Series D, 4-6a ..................... 1921
*6
Ohio Ind-AW.—lstp te r.5 s..X 9 3 8
2d, Incom e, 6s, “ B " ............. 1917
—
Series F, 5 s...........................1931
Ool. Cta. A la d .—1st, 7 s,s.f.I899 107
M ichigan C entral—68........... ..1 9 0 9 118V
W ash,O, AW.—1 st on r.g a.48.1924 *
81
< onsol. sink, fu n d , 7»........... 1914
O o u p o n ,5 s ..............................1931 115
Ter. As’n of SL L .~ 1 st, 4 V*. 1939 105 ___
O ta.A 6pr.—lst,C .C .C .A f.7 s.l9 0 l •106*
M ortgage 4 s ............................ 1940 104
le t. oon. g. 5 s ...............1894-1944 105
Sieve. L o rain A Wh.—1st, 5 s .l9 3 3 106 107 V I; At. L.. 4 6 - tx ; - -—l ■■:,3 <. g. gu. 19 6y
8LL.M er.B r.T«r>n„g.5g,gu..l93u
Jleve St M ah. V .-G o M . 5 s . ..1 9 38 118
Minn.A Bt. L —1st, g. 7 s ......... 1927 1 4 3 V .........
Iow a E xtension, D l,7 » .-----1909 127 ......... T ex as A N ew O rleans—
DeL Lack. A W ,l f L 7 - ......................................... 1905 108
MorL 7 s....................
1907 126V
S outhw est E x t.—1st, 7 s .....1 9 1 0
S aotae Division, 1 st, 6»........ 1912 -108 ____ ,
122
Syra. B ing..* N. Y . - l s t , 78.1906 124
Pacific EXL—1 st, 6 « ............. 1921
Consol, 5s, g ............................1943 95 . . . . . .
M orris A E ssex—1 st, 7«— 1914 *139
Mo.K.A T ex .—l* t, e x t., 5s, g .l!H 4
77* T ex. A Pac,, 1C. D.—1 st, g. 69.1905 107 ____
Bonds, 7»....................... ....1 9 0 0 H i
Mo.K.AT.oI Tex. 1et ,gti.5».g. 19 <2
T hird A venue (N.Y),—1st 5s, 1937 *120
7s of 1871....................... ...1 9 0 1 114V 113 V
K ansas City & P .,ls t,4 8 ,g ..l9 9 0 *65
82
T .A O .C .-K an .A M ., M ort. 4 s.l9 9 0
1st, eon., g u ar., 7 s............ 1915 ■141%
D al. A Waco—1 s t,5s, g u .... 1940 7s V
Toi.P.& W ,—1 st 4s,lno.f’d.o o a.Ju lv 77
80
80 V
W arren -2 d , 7 s ......................1900 111
M issouri Pa. iiic - T r u s t 5S ...1 9 1 7
U lster A D el.—1 s t ,eon.,6.,5 e .1928 101 v . . . . . .
70
4 AU.Can.—ra.D lv.,coup,7fi.l& 17
144
le i coii,. So g ......................... 1920
103
Union
Pacific—1st,
6
s..............
1896
A lbany A 8ueq —U t,g u .,7 * 1906
8 t L.&J. M.-A rk . B r,,l»t,7». 1895 102V
1 st, 0 s........................................1897 103V
M tblie A O hic—l e t sx t., 6 s ...1927
116
1 s t,eons., g u a r., 6 s.......... 1906 117
l e t, 6 s.......................................1899 104%
Bt. L. A C airo—4a, g u a r....... 1931
B ees. A Bar. 1st, coop.. 7s. 1921 144
C ollateral T ru st, 6 s...............1908
M organ's L a. A T .—le t, 0s.. ..1.920 116
Jen v. T ram w ay —Con*. 6s, g.1910
C
ollateral T rust, 5 s ...............1907
Metropt,!. Ky.—lat.g n . g.6».1911
1st, 7 s........................................ 1913 12 5 V
K an sas Pacific—1 st 6s, g ..,1 8 9 5 110
.Ic.iiV. A. R. G —l!i)P..g., 5 a ... 1928
39V Nash. C hat. A 8t, L.—2 d, 6 e ..l9 0 1
1st, 6a, g ................................ 1896 111
N. O. A. No. fc. - P r . L, g,, 6s.. 193 5
20
itet.M . A M —L. g .3 V * ,* e r.A .ie il
C. B r. U V - F . o., 73........... 1895
. 0 -1. A M ack.—1 st Uen, 4 s,g .. 19931
......... N. Y. C e n tral.—D eb. g. 4 s ....1 9 0 5 103 .........
A
tch.
Col. A P ac.—1st, 6 s ...1905 32V 39
i s , gold................................ .*,1095:
N. J . J u n e —G uar, 1st. 4 s ... 198b
Atoll. J . Co. A W.—l s t , 6 a ,..1905
Beech Cheek—1st, gold, 4 s . . 1936 108
D u lu th A Iron Range—1 st 6*. 1937
103V
TJ.
P
.
Lin.
A COl.—ls t.g .,5 s . 1918 *33
E rie—1st, ex ten d ed , 7 s ...........1897 103
Osw. A Rom e—2*1,5a, g.,gu,1915
U tah A N orih.—1st, 7s.........1908
2d, ex ten d ed , 5 s,,.................. 1919; 114V
U tloa A Hi. S iv.—4s,
gu.1922
Gold,
5
s
.................................1926 >100
103
3d, ex ten d ed , 4 V*...............}023; 106 j
N. Y. A P u t ls t .g .. 4».gu. 1993
67
U ta h S outhern—G en., 7» ..1909
N. Y. N. H. A H .—1st, r.w 48.1903
4th, ex ten d ed , 5s.............,.,1 9 2 0 ; 114 1
l
i
x
i
j
E
xtern,
1st, 78....................1909 67
N. Y. A N orth ern —1st, g, 5 s .. 1927
5th . ex ten d ed , 4a.................. is»28! 103 ]
Valley R’y Co. of O.—Con. 6s. 1921
N. V.
8 4 . t .- 2 d , 4 Vs. 1937
70
1 st,con., g .,f d ,7 * . . . . . ___ 1920
W abaah—D ebenture, 8er. A..1939
72
B. N. Y. A E.—1st. 7 s .......... 1916 136’ !
G en. m o r t, 5 s. g ............ ....1 9 4 0 *69
D ebenture, Series B ............. 1939 23V
88
89
Wtlk.A E ast.—1st,gtd.,g.o8.1942
BUS, A 8, W.—M ortg, 6 s___1903; 102 V
D et. A Ohio. E x t, 1st, 5a. g .,1 9 4 0 98 100
leflerso n —1 st, gu, k. 5 s ___1909| 105
N orthern P.xv
Bt l .K.O.AN,—SbC.Bdgees.lfiOS •105V
-!i Ja m e s River Val.—1st, 6S...1930
Goal A HR. - M ....................... 1922;
W
est N.Y.A P a.,gen.g. 2-3-48,1043 44
S pokane A P al.—1st, 6 s .___1936
Dock ATirpt..,t*t«»:, oariey,19J,3; 100
86V
15
Incom e 5 s . . . . . . - - ........—.,,.1 9 4 3 *
BLPaul A N . P .—Gen., 6 s .. 1923 1 2 2 ^ . . . . . .
B ra n s . AT* rre H au te —
Weat. Va. O. A P itts.—1st, 6 s . l » l l " '108 109
1st. cons,, 6 s ........................,1921, 109V . . . . . . H eleuaA ReilM 'n—ls t,g .,6 s .l9 3 7 *20
98V
m n w w .A L .R - 1st. 5a, g o ld ...1 9 2 6
98
DnluthAM anltobiv—lst,g .6 s l9 3 6 *88
le t, g en eral, g., 5 s .................1942!
Extension A Im p. g., 5s....... 1930
Dol.AM.vn D a k .D iv .~ lst6 s.1 9 3 " *88
ML V ernon 1st 6 * ........... ...19231
10
Wia. C ent, incom e 5 s ............. ,1937
rtmiir (T Alone—1st. «a, gold. 1016
"o h Co. Br. 1 st. g., 5s........... 1930;

vsT*

No price Friday; those are the Utoat q mutiona made this W< •* *r«r G U asU aasous a n d U nlisted B ond*.—Bee 3d page preoedlng.il

THE CHRONICLE,

984

Jmjjestment
Railroad Intelligence.
AND

[V ol, LXII,
L atest Gross E a rn in g s.

E o ad s.

i Week or Mo

I

1890.

1895.

| Ja n . 1 to L atest Date.

1896.

1895.
»

7,882
1,853;
9,373
1,720;
H o o s.T u n .& W ll. [M a rc h ........
587,346
H o u s.fe T e x .C e n . F e b ru a ry .
482,275
208,743; 271,230
43,000
H u m e s t’n & S lren!A p r i l ..........
32,415
6,7 7 3
9,800
I llin o is C e n tra l, jA p r il......... 1,490)882 1,460*484 6,57o’,177 6,068,228
427,084
475,188
14,146
I n d . D eo. few est. 4th w k D ec
10,328
218,133
68,980]
I n d . HI. & Io w a M aroh
RAILROAD EARNINGS.
208,095
61,501
lu .fe G t.N o r th ’n 3 d w k M ay ] 46,463
52,596 1,130,872 1,230,224
_______
T
h e f o ______
llo w in og _________
ta b le s h o w _s th e g r o s s e a r n in g s o f U n it e d i l n te r o o . (M ex.) Wk M ay 9
872,002
810,816
44,600
42.760
729,396
S ta t e s ra ilro a d s (a n d a lso a f e w M e x ic a n a n d C a n a d ia n ro a d s) Io w a C e n tr a l___ 3d w k M ay
871,745
31,467
28.993
17,072
16,734
I
r
o
n
R
a
i
lw
a
y
...
4,877
4,161
A
p
r
i
l
..........
fo r t h e la te s t p e r io d rep o rted . T h e s t a t e m e n t in c lu d e s e v e r y
192,882
119,482
29,550
J a c k . T . & K . W . A p r il..........
32.761
st e a m road fr o m w h ic h r e g u la r w e e k ly or m o n t h ly re tu r n s K an aw h a& M io k
151,878
183,205
9,088
7.596
3 d w k M ay
c a n b e o b ta in e d . T h e first t w o c o lu m n s o f fig u r e s g iv e t h e K .C .F .S eo tt &M. 2 d w k M ay
64,114 1,551.385 1,511,878
65,573
347,582
410,444
18,161
17,637
g r o ss e a r n in g s fo r t h e la te s t w e e k or m o n th , a n d t h e la s t t w o K .C .M e m .& B lr. 2 d w k M a y
74,010
85,031
18,129
17,627
c o lu m n s t h e e a r n in g s fo r t h e c a le n d a r y e a r fr o m J a n u a r y 1 to K a n . C. N . W — A p ril
1,755
I , 329
411
320
K a n .O .& B e a t. A p r il..
a n d n c lu d in g su c h la t e s t w e e k or m o n th .
197,443
234,647
9,726
10,932
K.
C. P i t t3s d. &w G
- ay
kM
100,875
75,625
4.606
5,676
K
a
n
.C
.
S
ub.
B
e
lt
3d w k M ay
The returns of the street railw ays are not included in this
116,093
148,271
7,050
5.688
K e o k u k & W est.
M ay;
iable, but are brought together separately on a subsequent page. L. E rie A ll.& S o . 2Adpwr ikl ..........|
26,541
23,065
4,762
5,445
68,165 1.311.417 1,301,907
65,251
L. E r ie & W est.. 3 d w k M ay
J a n . 1 to L a test Date.
L a test Gross E a rn in g s
142,335
127,578
40,239
30,040
L e h ig h & H u d .. A p r i l ..........
B o ADS.
42,212
49,689
16.672
17,547
L e x ’g to n fe E a st. M a r c h ........
1895.
18 9 6 .
W eekorMo\ 1896.
1895.
925,522
947,526
L o n g I s l a n d . . . . A p r il.......... 294,304 286.957
31,270
62,784
15.992
7,414
L
os.
A
n
g
.T
e
r
m
A
p
r
il..........
8
577,984
o u ls .E v .& S tL . 3 d w k M ay
507,725
26.059
27,277
56,319 L
1 8 ,1 9 7
15,6 7 3 ;
4 6 ,4 6 0
A d ir o n d a c k ..—. M a r c h ........
7,033,690
7.486.417
343.880
355,070
L
o
u
isv
.&
N
aa
h
v
.
3
d
w
k
M
ay
541,201 L o u is. N .A .& C h.
A ia .G t.8 o u tn ... 3 d w k M ay
2 3 ,4 3 0
23 ,7 3 1 ]
5 2 1 ,5 6 2
53,691 1,170,090 1,101,433
55,856
122,620 L o u .S t.L .& T e x . 3 d w k M ay
A la . M id la n d ... M a r c h ........
4 7 ,0 1 3
3 8 ,5 0 1
1 6 6 ,0 4 4
143,196
124,699
33,460
38,354
A p r i l ..
A la. N . O. T e x . & P a c . J u n e .
19,022
17,748
6,621
4,434
aoonfe B ir m .. M arch
426,321 M
N . O rl. & N . E . 4 tli w k A p r
3 2 ,0 0 0
3 7 ,0 0 0
4 3 3 ,1 4 5
42,421
39,586
9,217
M
an
istiq
u
e.
9,013
A
p
r
i
l
.
164,402 M em phls& C has.
A ia & ViokBb. 4 th w k A p r
1 6 ,0 0 0
1 4 ,0 0 0
1 8 1 ,0 7 5
375,780
464,914
17,311
17,347
2
d
w
k
M
ay
168,614
V iok8.S h .16r P . 4 th w k A p r
1 6 ,0 0 0
1 6 ,0 0 0 '
1 6 9 ,3 8 5
e x ic a n C e n t.. 3 d w k M ay 180,290 176,991 3,825,826 3,597,300
745,923 (M
A lle g h e n y V a l.. A p r i l .......... 1 9 3 ,1 2 4 2 0 6 ,9 5 5 ,
7 5 4 ,9 8 5
635,506
742,467
ex ic a n I n t e r ’1. M a rc h ........ 262.814 228.259
393,305 M
A n n A r b o r ..........3 d w k M ay
2 0 ,7 1 9
1 8 ,8 8 6
4 2 9 ,6 2 3
77,094 1.861.514 1,673,437
IM ex. N a tio n a l 3 d w k M ay
86,058
23,563 M e x .N o rtn e rn .. M a r c h ........
A rk . M id la n d ... M a r c h -----7 ,1 4 7
8 ,3 3 1
2 3 ,5 3 2
148,178
227,669
60,317
78.492
8,963,583
A te h .T . & S .P e , A p r il.......... 2 ,2 0 3 ,2 7 0 2 ,3 3 0 ,3 9 1 9 ,1 7 1 ,5 4 9
iM e x lc a n R ’w ay W k M a y 9
70,151 1,144,997 1,284,552
50,986
374,519 M
A tla n ta & C h a r. M a r c h ........ 1 2 8 ,8 5 7 1 3 5 ,8 0 6
3 8 5 ,0 2 6
172,018
189,015
9,134
8,730
ex
ic
a
n
80........
1
s
t
w
kM
ay
117,767
A tla n ta & W. P . M a rc h ........
4 0 ,5 2 9
4 1 ,8 6 6
1 3 7 ,4 2 8
617,675
678,729
35,130
28.994
m n ea p .fe St.L. 3 d w k M ay
203,563 M
A tla n . & D a u v .. 3 d w k M a y
9 ,3 3 9
1 2 ,2 9 7
2 1 5 ,5 2 4
838,617
M.
S t.P .feS
.Swt.M
. ay
38,119 1,227,075
61,133
3
d
k
M
A tla n tic & P a c . 1 st w k M a y
7 1 ,3 9 5
7 4 ,4 5 3
Mo. K a n . & T e x . 3d w k M ay 160,099 176.958 4,197,392 4,090,863
6,873 M o .P ac.& lro n M
13,440
A u g u s ta S o u t’n . F e b r u a r y ..
8 .1 9 7
3,331;
7.986.000 8,018,354
382.000
334.000
3
d
w
k
M
a
y
48.869
"58,831
A u s tin fe N ’yvest M a r c h ........
1 9 ,6 1 4
1 9 ,2 7 5 |
210,846
257,000
9,000
10,000
C e n tra l B r’oh. 3 d w k M ay
107,979
112,869
B alt.O h e s.4 z A ti. A p r il ..........
3 5 ,5 5 3
S 5,632j
T o ta l.............
k M ay 344.000 391.000 8.243.000 8,229,200
B .& O .B a s tL in e s J a n u a r y . .. 1,38 5 ,8 7 7 1 ,2 2 9 ,2 1 9 1,385,877 1,229,219 M obile & B irm .. 33 dd w
106,907
105,339
4,865
5,637
kM ay
469,216 M o b ile * O h io .. A pw
443,068
W e s te rn L in e s J a n u a r y . .. 4 4 3 ,0 6 8 4 6 9 ,2 1 6
274,318 266,454 1,152,080 1,051,768
ril..
T o t a l..............A p r i l ........... 1 ,8 6 6 ,4 1 6 1 ,7 3 7 ,3 9 2
430,784
385,200
105,103
89,529
M ont. &M ex. Gif.
p r il..
B a l.& O .S o u ’w .. 3 c lw k M a y 1 0 3 ,1 8 1 1 0 8 ,0 0 4 2,3'i i , 6*3*6 2,360.225 N ash.C h.fe S t.L . A
373,030 387,189 1,660,901 1,505,497
A p ril..
173,448 N e v a d a C e n tra l. M
169,272
B a n c o r* .A ro o s t. M a rc h ........
6 4 ,6 0 8
7 0 ,8 0 3
5,408
5,697
1,969
2,059
a rc h
5,140 N ev.C ’y N a r .G |e
5,536
B a th fe H a m ’n d s M a r c h ........
1 ,8 5 2
1 ,7 8 4
19,835
21,391
7.606
7,153
M arch
5,322 N . J e r s e y A N .
7,220
1 ,6 5 6
1 .4 4 0
B ir. & A tla n tio .. A p r il..........
71,303
73,497
M arch
B r o o k ly n E le v .. S e e S t r e e t R a il w a y l is t .
N .Y . C . & H .R . . A p r il.
3,412,848 3,4 50,229 13,696,759 13,286,047
76,862 N.
96,022
B rn n s w ’k& W est F e h rn a ry ..
4 3 ,4 1 2
3 2 ,2 4 8
68,570
68,369 1,257,725 1,282,461
Y . O u t. & W. .
M ay
B ail. K ocii.& lhU 3 d w k M ay
5 5 ,0 9 6
5 2 ,2 7 4 1,167,277 1,079,504 N .Y .S u s q .& W .. 3Adpwr ikl ------724,157
658,943
170,012 173,500
B u ffalo fe S u s q .. A p r il..........
4 0 ,4 0 8
3 1 ,5 1 0
133,184 4,389.684 3,587,867
N o rfo lk & W est
B o x .O .R a n .& A -3 d w k M a y
6 5 ,4 6 0
6 5 ,5 7 0 1 ,6 4 1 ,9 4 4 1,336,372 N o rth e ’r n (G a .). 3 d w k M ay 208,802
14,411
18,423
5,752
5,463
M
aro
h
127,563 N o rth ’n C en tra !
C a m d e n & A t i . . M a r c h ........
5 0 ,5 1 5
5 2 ,5 8 6
1 3 2 ,7 3 8
493,819 510.601 1,962.763 1,998,127
p r i l ------O a n a d la n P a e lilc 3d w k M ay 4 0 7 ,OOo 3 2 5 .0 0 0 6 ,9 2 3 ,5 0 2 5,556,948 N o rth ’n P a c in o A
5.837.515 5,381,107
282,069
335,039
S
d
w
k
M
ay
11,879 O oonee & W est
O a r.M id la n d ___A p r il______
2 ,3 1 7
2 ,6 3 2
1 6 ,7 3 9
7,359
I I , 291
2.245
2.399
C e n t, o f G e o rg ia M a ro h ........ 4 0 7 ,9 6 6 3 7 4 ,9 7 0 1 ,4 2 6 ,9 6 0 1,162,639 O hio R iv e r ......... A p r i l ..........
255,950
359,369
16,518
21,286
M ay]
C e n tra l o f N . J . . A p r il.......... 9 4 7 ,8 0 7 1 ,0 1 9 ,4 0 1 3 ,7 1 2 ,9 7 3 3,705,417 O hio R iv .& C h a s 31dstwwkkM
59,527
66,977
15,120
11,899
ay;
2,637,829
C e n tra lP a e if io .. M a r c h ........ 9 5 3 ,1 5 0 1 ,0 1 4 ,8 7 9 2 ,6 8 9 ,8 8 9
263.610
264.584
S o u th e rn . A n r il.......... j
11,503
7,931
11,078 O hio
C h a r . Cl. & S u t.. A p r il..........
5 ,4 6 3
3 ,8 8 8
1 7 ,7 1 0
749,445
749,354
re g o n Im p . Co. M a rc h ........ | 278,189 251,196
153,263 O
G h a rle st’n & S a v . M a r c h ........
5 6 ,3 8 7
5 1 ,4 4 8
1 7 7 ,7 3 ?
1,458,194
1,317,217
385,381
P
ao
itio
M
a
il___
317,889
A
p
r
i
l
..........
C h e s . & O h io .... 3d w k M a y 1 8 7 ,4 1 0 1 9 1 ,9 5 6 3 ,9 4 2 ,6 2 2 3,557,402 P e n n s y lv a n ia . §
20,026,109 19,436,909
5,205.472
5,132,272
A
p
r
i
l
..........
751,333 P eoriaD eo.& E v.
C hes.O .& S o .W .. 1 s t w k M ay
3 7 ,1 6 2
3 7 ,8 4 4
7 9 6 ,3 0 8
342,029
325,565
16,325
15,111
O hio. B u r fe Q .d A p r i l .......... 2 ,5 1 1 ,7 5 8 2 ,4 7 7 ,5 0 9 1 0 ,4 1 5 ,9 2 1 9,560,184 P e te r s b u r g ------- 3d w k M ay
168.270
194,812
46,907
53,373
p r i l ..........
O h io .* E a s t. I l l 3 d w k M a y
7 0 ,0 7 4
6 9 ,8 3 4 1 .5 2 5 .0 2 7 1,372,234 P h ila . & E r i e .. . A
780,691
811,385
297,740
275,608
a r c h ........
Ohio. G tW e s t’n . 3 d w k M ay
7 5 ,5 8 0
6 9 ,4 4 2 1 ,7 7 6 ,3 0 6 1,258,585 P h ila . & R e a d ’g . M
6,348,712
6,224,869
1,649,030
1,591,508
A
p
r
i
l
..........1
C hic. M il. & St. P . 3 d w k M a y 4 8 7 ,7 7 8 4 7 4 ,5 6 4 1 1 ,2 8 3 ,8 7 3 9,559,742
C o a l& Ir.C o ... A p r i l .......... 1,403,963 1,673,155 6,365,503 7,190,130
O hlo.& N ’th w ’n . A p r il____ 2 ,4 4 0 ,6 8 6 2 ,1 3 8 .2 5 6 9 ,8 8 8 ,9 7 1 8,174,141
T o ta lb o th C o s . A p r i l .......... 2,995,471 3,322,185 12,590.372 13,538 842
318,321
C hlo.P eo.& S t.Jb. 2 d w k M a y
1 8 ,0 4 1
1 9 ,5 6 0
3 6 0 ,8 9 6
163,136
158,299
59,951
57,717
. R e a d .;* N . E. M a r o h ........
O hio.K ’k I . & P . . A p r il.......... 1 ,1 6 1 ,0 3 2 1 ,1 3 7 ,9 0 5 4 ,7 3 7 ,1 4 8 4,471,154 PP hitts.C
.C .& S t.L
1,202,801 1,186,307 4 ,8 25,-61 4,553,512
C hio.S t.P .M .feO . A p r i l .......... 5 0 6 ,2 7 3 4 6 6 ,3 4 8 2 ,2 6 5 ,5 5 8 1,897,337 P it ts . M ar. fe C h. A p r i l ..........
13.885
13,716
3.601
3,798
602,982
Ohio. & W . M ich. 3 d W k M a y
2 6 ,0 4 9
2 7 ,8 4 3
5 5 8 ,9 3 0
189,825
226,325
14,918
15,936
18,944 P itt.S h e n .& L .E . 3 d w k M a y
C in .G a .& P o r ts . A p r il_____
4 .9 8 8
5 ,5 0 0
1 8 ,5 7 0
550,907
598,215
35,953
34.055
ts h .& W e s t.- 3 d w k M ay
216,099 P it
Oln, J a c k . * M ao. 3 d w k M a y
1 2 ,9 9 6
9 ,6 2 7
2 6 3 ,0 8 6
296,834
299,663
16,844
P it ts . C I.& T 01 3d w k M ay
17,035
O in .N .O .& T .P . A p r il.......... 2 6 1 ,8 1 2 2 9 1 .4 0 2 ; 1 ,0 8 8 ,0 6 4 1,089,579
94,347
98,094
8,353
7,619
P i t t s . P a . fe F . 3 d w k M ay
77,779
O ln. P o r ts . fe V - A p r il..........
2 4 ,0 1 6
2 1 ,5 1 5
8 7 ,4 2 6
958,771
1,010,078
61,150
58,709
T
o
ta
l
sy
ste
m
,
3
d
w
k
M
ay
216,500 P itt.Y o u n g .fe A .
O le v .C a n .fe S o .. 2 d w k M a y
1 4 ,4 5 3
10,0821
2 2 7 ,7 0 4
365,805
359,258
126,173
99.665
A p r i l ..........
0 i.C in .C h .fe 8 t.l- 3 d w k M ay 2 2 1 ,6 5 8 2 7 0 ,114| 4 ,7 8 0 ,4 8 7 5,019,0S2
78,213
99,646
19,764
26,847
560,427 Q ulnoy G .& K .C . A p r i l ........
P e o . f e E a s t’n . A p r il.......... 1 3 6 ,1 0 5 1 4 9 ,4 4 1
5 7 8 ,2 1 2
162,529
171,696
58,576
62,081
R
io
h
.F
r’ksb.&
P
.
M
a
ro
h
........
427.503
C l.L o r.fe W h ee l. 3 d w k M ay
2 6 ,1 7 2
2 5 ,9 9 3
4 8 5 ,2 3 4
103,534
114,480
31,265
28.371
R
ic
h
.
fe
P
e
te
rs
b
.
A
p
r
i
l
..........
486.503
CoL M idi a n d . . . . A p r i l .......... 1 6 0 ,7 2 5 1 4 1 ,6 8 7
6 0 7 ,7 4 6
142,483
165,568
9,110
7,037
751,024 R io G r. 80 iitii’n 3d w k M a y !
Ool. H . V .& T o i. A p r il.......... 2 1 4 ,0 1 2 1 9 1 ,9 0 5
8 3 8 ,7 8 5
706,592
821,623
45,000
48,400
R io G r.W e s t’n .. 3 d w k M ay
272,166 B
C o l.S a n d ’y & H . 3 u w k M a y
1 4 ,1 3 6
8 .1 2 5
2 7 6 ,8 6 3
35,836
32,112
ag.T
usoola&
H
9,221
7,715
A
p
r
i
l
.
4,500
C o lu sa fe L a k e . A p r i l ..........
800
1 ,0 0 0
3 ,5 0 0
19,427
21,585
8,591
7.103
2,280 S ag. V a l. & S t. L. M arch
C r y s ta l ..—. . ___ M a r c h ..........
1 ,1 4 5
893
3 ,3 3 8
322,991
322,108
33,050
34,920
S
t
L.
A
.
&
T.
H
4
th
w
k
M
a
r
170,724
O u m h T d V a lle y . M a ro h ........
6 3 ,9 6 8
6 1 ,1 1 0 1 8 4 ,9 6 9
8,413
13,156
S
t.L
.K
e
n
’et&
So.
2,479
4,879
D e n y . & R io G r 3 d w k M a y 1 3 6 ,4 0 0 1 3 1 ,4 0 0 2 ,5 8 7 ,8 5 4 2,410,354 S t.L .& S anF ran. M arch.
515,014 483,445 1,491,340 1,350,068
M a rc h
30,666
D e s M .& K a n .0 . 2 d w k M a y
1 .7 0 3
1 ,6 0 5
3 8 ,4 6 1
1.833.300
1,759,400
65,300
8t.L
.S
o
n
th
w
’r
n
.
76,600
3 d w k M ay
94,209
D e s M. N . & W. A p ril..........
3 2 ,6 0 8
2 3 ,0 8 1
1 4 6 ,5 5 4
368,506
391,170
99.184
98,934
419,284 S t.P a u lf e D u l’th A p r il..........
D e tL a n s ’g& N o. 3 d w k H a y
2 0 ,0 9 0
2 1 ,2 5 3
3 8 9 ,5 2 3
463,068
397,669
93,304 S a n A n t.« A .P . M a r c h i___ 126,368 139,979
D e t. fe M ao k in a c A p r il..........
4 4 .9 0 4
2 3 ,8 0 3
1 7 5 ,9 4 2
203,779
202,433
55,455
S
.F
ra
n
.&
N
.P
a
o
.
59.097
A
p
r
i
l
..........
D u lu th S .S .& A tl. 2 d w k M a y
4 9 ,7 3 6
4 1 ,7 6 8
6 6 5 ,2 5 8
607,855
853,711
867.781
B lk ln .J o l.fe E a s ! A p r il.......... 1 0 0 ,0 2 0
1 0 3 ,6 2 0
4 4 4 ,3 4 5
364,538 S a v .F ia . & W est. M a rc h ........ 279,002 278,541
115,827
85,635
28,843
16,710
S
h
e
r.S
h
re
v
.fe
80
A
p
r
il..........
E r ie ...................... A p r il............ 2 ,3 8 9 ,8 5 0 3 ,2 6 4 ,0 8 0 9 ,2 8 8 ,8 6 6 8,802,710
42,730
48,193
17,751
17,518
14,408 Sil. Sps. O. & G M a r c h ........
E u r e k a S p rin g s. M a ro h ........
5 ,1 8 0
5 ,4 0 1
11,578
1,604
6.300
6,300
1,604
S
llverton............
J
a
n
u
a
r
y
...
108,129
E r a n s .& ln d ’p u s 3 d w k M a y
5 ,2 7 2
5 ,7 7 8
1 1 2 ,5 5 5
4,079
5,183
1,557
1,730
35,145 s o . H a v e n * E a s t A p r il..........
E v a n s , fe E lo h .. 2d w k M ay
2 ,3 1 8
2 ,2 1 2 . 3 5 ,5 7 1
So.
P
a
o
ilio
C
o
.B v a n s v .& T .B . 3d w k M a y
1 8 ,0 1 1
1 8 .8 3 5
4 2 2 ,2 5 5
376,097
393,519 403,676 1,253,952 1,124,795
G a l.H a r.& S .A M a r c h ..
F itc h b u r g ............M a r o h .......... 5 8 6 ,9 6 1 5 8 7 ,1 9 5 1 ,6 7 6 ,0 2 0 1,580,107
301,377
250.229
77,401
96,613
L o u ls ’a W e s t.. M a rc h ..
F l i n t f e P .M a r q . 3 d w k M a y
4 7 .2 4 9
4 7 ,7 4 0 1 ,0 6 1 ,4 1 9
945,218
395,672 514,374 1,300,257 1,617,258
M o rg a n ’sL&T, M a r c h ..
F la .C e n t. & P e u . 2 d w k M ay
4 6 ,0 0 8
4 1 ,1 8 3
8 3 1 ,8 7 9
774,344
54,747
42,545
13,174
18,260
N
.Y
.T
.&
M
e
x
M
a
r
c
h
..
F t.W ’th fe D e n .0 . M a ro h ........
7 2 ,9 2 0
8 8 ,5 6 1
2 1 5 ,7 7 5
261,985
412,325
335,951
107,550 142,179
T e x . & N . O rl.. M a r c h ..
F t.W . fe B io G r. 4 th w k A p r
4 ,9 8 5
6 ,8 6 1
1 1 8 ,691
122,440
3,592,523
3,229,526
1,196,892
993,963
A
tla
n
tic
s
y
s
.6.
M
a
rc
h
..
2,461
G a d s, fe A tt. U . A p r il..........
809
700
3 ,4 1 5
7,010.245
2,503,420 2,564,171, 7,351,290
..
P a e ifio sy ste m M a r c h ..
G e o rg ia R B ........ 3 d w k M a y
2 0 ,6 1 9
1 8 ,4 7 1
5 3 3 ,0 2 5
467,086
3,741.462 4,048,223 11,386,929 11,511,635
T o ta l of a ll.c M a rc h ..
G e o rg ia & A la .. 2 d w k M a y
1 5 ,3 7 5
8 ,3 9 2
2 3 3 ,0 9 3
157,659
831,597 862,356 2,460,738 2,285,113
So. P a c . of Cat M a rc li..
G a .O a rT a & N o . A p r i l ..........
4 9 ,7 4 3
5 1 ,3 9 5
2 8 6 ,8 6 8
244,650
618,280
642,321
204,327 225,524
S o .P a o .o f A riz M a r c h ..
G eo. 80. & F l a . . A p r i l .........
6 7 .8 3 3
6 3 ,0 2 2
2 8 8 ,5 0 0
253.423
269.489
309,785
99,823
97,605
S o .P a o .o fN .M M a r c h ..
G r. R a p . fe I n d . 3 d w k M ay
3 6 ,7 4 9
3 7 ,7 0 8
7 6 4 ,4 2 2
762,674
423,363
464,391
153,844
127,147
M
a
ro
h
..
N
o
r
th
e
r
n
B
y
..
O in .B .& F tW . 3 d w k M a y
7 ,9 4 0
8 ,6 1 6
1 6 5 ,4 4 8
164,685
6.633.301
T rav e rse C ity . 3 d w k M ay
892
926
1 7 ,3 1 0
16.753 S o u th e rn R y . . . 3 d w k M ay 302,916 318,025] 6,992,355
49,305
81,068
29,285
16,130
M n s .G .R . & I 3 d w k M a y
2 ,3 3 1
2 ,2 3 8
5 0 ,4 1 1
45,544 S p o k . F ’lsfeN or. M a ro h ___
204,537
203,474
67,080
78,118
T o t. a ll lin e s 3 d w k M ay
4 7 ,9 1 5
4 9 ,4 - 8
9 9 7 ,5 8 8
989,656 S ta te n Isi. R . T. M a rc h ___
3,470
3,290
1,183
1,126
G ra n d T r u n k .. . 3 d w k M a y
3 4 6 ,8 2 7 3 2 9 ,0 7 9 6 ,5 1 7 ,8 6 2 6,429,409 S to n y Cl. & C M t.. M a r c h ........
397,626
325,532
82,693 113,047;
S u m m it B ra n c h . A p r il..........
O hlc.fe G r. T r. 3 d w k M ay
6 1 ,7 4 5
5 2 ,6 3 0
303,746
254.807
77
390
31.514
L y k . V al. Coal A p r i l ..........
D e t G r.H .fe M. 3 d w k M ay
1 6 ,2 8 3
1 6 ,7 9 1
652,433
629.278
160,083 144,561)
T o t’l b o t h Co’e A ]il i 1.
C in .S ag .feM ae 3d w k M ay
2 ,4 0 7
2,2 0 4
62,838
60,851
13,262
19,648
T e x a s C e n t r a l.. M arch
T ol. S. feM usk. 3 d w k M ay
1 ,5 2 8
1,4 7 8
85.597 102,992 2,322,722 2,515,756
T e x a s & Paoiflo. 3 d w k M ay
G re a t N o rth ’n 14,499
10,056
1,984
3,319
B t,P . M. fe M . A p r il.......... 1 ,0 3 2 ,7 1 4 8 4 3 ,2 2 2 | 3,867,560 3,136,580 Tax.S.V alfeN .W A p ril.
587,815
672.710
27,554
20,401
E a s t o f M in n .. A p r il.......... 1 0 0 ,3 3 2
67.7 2 1
466,099
333,451 ro l.& O h io C e n t "il w k M ay
337,03S
359.439
17,761
19,798
M o n ta n a O e n t. A p r il..........] 1 5 8 .6 4 7 | 1 3 0 ,3 9 1
608,820
479,340 r o l . p . & W e s t.. 2d w k M ay
615,366
736,743
41.766
35.930
1,297,693; 1,041,334 4,942,479 3,949,377 Tol. S t. L .& K .0 3 d w k M ay
T o t. s y s te m .!A p ril.
66,878
72,946
26.123
24,973
3,293'
s o u l1
3,240
G u lf fe C h ic ag o . -'A pril.
13,350
13,816 U ls te r & D e i___M irc h

THE CHRONICLE

if at 30, 1886. |
L atest dross -Earnings
ROADS

W tekor Me

1896.

1895.

Ja n . 1 to L atest Date,
1896.

2d week o f M ay.

1895.

*
I
S
*
O nion Pacific—
$
O n. Fae, KR. M arch....... 1,071.907 1.075,573; 2,934.703 2,936,437
409,163
354.833
1
,1
5
9 ,4 4 6
992,159
O r.S.L.A O.H. M a rc h .....
47,556
1 4 4 ,0 8 2
60,634
8t.Jos.A G d.l8 M arch.......
141,193
6,443
22.10
5,916
Kan.C.AOm M arch .......
18,157
12,454
198,237
14,181
T ot-dt.J.A G .1 3d wh Apr.
199,531
10,000
9,000
260,338
O ent.B r....... .0 3 d w k M ay
211,934
Aeh.Col.AP. i
25,409
24,169
72.37&I
68,006
A ch.J.G & W i M arch....... |
168,935
51,278
52,643
Cen.Br.ALML. M arch....... !
136,402
4.758.624,577,514
G rid t o t a l '' M arch....... 1,695,947 1,639.519
632,149.
668,307
H .F ao. D A B . . . M arch ....... ; 234,99.9 224,073
W abash............ 3d wk May 218,463 227,855 4,533,875- 4,379,045
60,639:
15,972
W aco A Northw M arch....... I
59,745
20,623
289.410
273,394
W est J e rs e y ....... M a rch ....... 107.496 110,284
374,927.
92,992
314,669
W, Y.Cen.A Pltt» A p ril......... 101,355
27,514;
27,534
22.917
Wft*t Va.A P itts J a n u a ry ...
22,917
120,615
140,970
41.182
41,3S i
W estern of Ala,. M a tc h ....... ;
92,354 1,298,187 1,248,453
9 8 ,7 3 7
West. M aryland. D ecem ber.
56,800
966,313 1,064,082
58,400
West. if. Y. A Pa. 2d wit May
496,787
27,640
16,50
458.501
Wheel. & L. Erie 3d wk May
87,692
87,579 1,188,736 1,377,565
W isconsin Cent. 3d wk May
36,337
7 626
9,127
W rightev.A Teo A p r il.........
25,125
• Pi (fit res given do n o t in clu d e O regon Ry. A S av ., Un. Pao. D en v er A
G olf, D en v er LeadvlUe A G unn ison. M ontana U nion a n d L eavenw ortU
T opeka A S o u th w estern , a T hese figures Include re su lts on eased lin e s.
» In clu d es earn in g s from ferries, e te ., a o t given se p a ra te ly . ! M exi­
can o arren ev . c In clu d es o n ly h a lf of lines In w hich u n io n P acific h as
a h alf In te re st.
d In clu d es o p eratio n s of th e Ohio. B u rlin g to n A N o rth e rn In b o th
years.
i C avers resu lt* for lin es d irectly o p e ra te d ea s t of P ittsb u rg .
e In clu d es re su lts o n affiliated lines.

E vansville A Richm ond.
Fla, Cent. A P e n in su la r..
G eorgia A A la b a m a ........
K an. City Mem. A B irin.
K eokuk A W estern..........
Memphis A C h arleston..
Rio G rande S o u th ern __
Toledo P eo ria A West’n ..
W estern S , Y. A P e n n ...
T o ta l <75 ro ad s).........
Net in crease (4-69 p. o.)..

985
1896.

1895.

$
2,318
46,003
15,375
17,637
7,050
17,347
8.717
17,761
58,400

$
2,212
41,183
8,392
18,161
5,688
17,311
6,292
19,798
56,800

5,951,904

5,084,841

........

Increase,
$

106
4,S25
6,983
1,362
36
2,425
1,600
426,400
267,063

Decrease.
$
524

2,037
159,337

Net Earnings Monthly to Latest Dates.—The table fo llo w ­
ing shows the net earnings of S t e a m railroads reported this
week, A full detailed statement, including all roads from
which monthly returns can be obtained is given once a month
in these columns, and the latest statement of this kind will
be found in the C h r o n i c l e of May 33, 1893. The next will
appear in the issue of June 31, 1S96,

Gross E a rn in g s.---- .,---- N et E a r n m s s .1896.
1895.
1896.
1895.
$
S
$
S
A llegheny V alley...... Apr.
193,124
206,955
69,381
89,976
754.985
J a n , l to Apr. 30___
745,9 23
242,722
281,956
A tehls’uT op A S .F eb Apr. 2,203,270 2,330,394
558,321
383,832
J a n . I to A pr. 30.
9,171,549 8,963,583 2,473,295 1,739,278
J u ly 1 to Apr. 30 ...2 4 ,5 3 0 ,9 1 1 24,043,788 6,018,310 5,655,765
Bufl. Rooh.A P itts, b.. Apr. 282,369
246,775
98,563
82,382
J a n . 1 to A pr. 30 . . .
937,652
922,631
2 4 9,513
291,944
Ju ly 1 to A pr. 3 0 .... 2,624,677 2,573,005
811,851
790,877
Buffalo A S u sq u eh ’a . Apr.
40,408
31,510
12,355
12,618
J u ly 1 to Apr. 3 0 . . . .
403,759
284,474
Latest Gross Earnings by Weeks,—The latest weekly earn­
103,601
178,943
ing* in the foregoing a r e separately s u m m e d u d as follows:
C anada A tla n tic —,
J a u . 1 to Mar. 3 1 ....
135,482
133,412
26,343
36,304
For the third week of May our preliminary statement
491,230
451,646
©overs 65 roads, and shows TOO per cent gain in the aggregate C anadian P acific.a..A p r. 1,455,908 1,215,621
J
a
n
.
1
to
Apr.
3
0
....
5,759,562
4,001,943
1,797,443
1,397,274
over the same week last year.
C entral of S . J . a ...A p r .
947,807 1,019,401
308,108
401,940
J a n . 1 to A pr. 30 . .. 3,712,973 3,705,417 1,149,933 1,276,532
Increase. Decrease. Char. Clen, A S utton.. Apr.
1885.
3<f week o f May.
1896,
5,483
3,019
3,888
2,143
J a n . 1 to Apr. 3 0 ....
17,710
11,078
8,562
5,768
?
*
*
8
Cbes.
A
O
h
io
.a
___
..A
p
r
.
824,209
253,-433
744,828
200,935
301
A labam a GL S o u th ern .
23,130
23,731
J a n . 1 to Apr, 3 0 .... 3,358,542 3,981,531
983,741
886,248
. ... ...
18,886!
1,333
A nn A rbor............ .......
30,719
Ju ly 1 to Apr. 30 . . . 8,563,009 7,993,703 2,714,76L 2,587,22 2
12,297
9,339
2,958
A tlan tic A D anville . . .
803,677
4,823 Ohio, B url. A Quin. b.‘ Apr. 2,511,753 2,477,809
10-,004
B alt. A Ohio S outhw est
103,181
779,174
53.096
2,822
Buffalo Kocil. A lltU b 'g . !
52,274
Ja m 1 to Apr. 30. ...1 0 ,4 1 5 ,9 2 1 9,560,184 3,560,705 3 ,069,10->
. . . . T_
65,460
n o Ohio. M, A 8 t. P .a ....A p r . 2,366,590 2,051,183
*15,570
B a ri. Ced. K»t>, A .Votth
776,197
735,788
407,00VS 2,00v
C anadian P a c ific ....
325,000
J a u . 1 to Apr. S O .... 9,751,218 8,132,320 3,418,409 3,000,377
, rfMr__
197,410
191,956
C heeaoeaite A Ohio.
4,540
8,340,410
J
u
ly
1
to
Apr.
3
0
....2
7
,8
1
8
,9
7
0
22,927,411
11,361,005
70,1; 71
240
Chicago A E ast, f Ulnota
69,834
12,851
53,281
Clave. C anton A S o .. Apr.
60,021
12,679
Chicago G re a t W estern.
75,591
0.138
89.442
197,479
199,333
J a n . 1 to Apr. 3 0 ___
35,989
37,421
474,50^
13,214
Chicago MUw. A B t P aul
497,778
573,411
131,03 4
J u ly 1 to Apr. 30 . . .
578,773
104,277
, r. . _
26,041
1,794
Chicago A W est Michigan |
27,843
9,627
Cm. J aokson A M ackinaw !
12,991
3,360
241,600
Clav.Oln. C.A St. L a - Apr. 1,036,103 1,104,082
232,511
270,114
Ctev. O n . Chie. A St. L.
........
48,450
963,703 1,037,070
J a n , 1 to Apr, 3 0 . . . . 4,099,478 4.230,928
321,058
- - _T- , _
Cloy. L orain A VVheci'g.
26,172
25,933
171*
J u ly l to Apr, 3 0 ....1 1 ,4»1,973 11,261,747 2,921,01 4 2,813,695r T.___fir+
8,125
6,011
OoL S andusky A H oek'g.
14,136
21,649
P eoria A E a st’n .a . Apr.
136,105
149,441
39,055
T+Tf
-5.00c
131,400
D enver A Rio G ra n d e ..
13*1,400
560,427
150,637
139,320
J a n . 1 to Apr. 3 0 . . . .
373,262
21,253
1,163
D etro it L an s’g * North'*;;
20,090
372,297
J u ly 1 to Apr, 3 0 ___ 1,610,419 1,433.164
400,244
5,27*
506
E vaaav. A Indianapolis, |
5,778
97,506
99,133
38,763
25,609
, mm)f__
794 Clev. Lor, A W heel... Mar.
18.-35
Ev»n*v. A T erre H aute.
18,941
64,368
259,788
63,553
Ja n , 1 to Mar, 3 1 ....
286,093
P ilo t A F ere M aruuottc i
47,249
191
47,740
335,536
347,364
Ju ly 1 to Mar. 3 1 . . . . 1,173,923 1,042,039
20.619
G e o r g ia ................
18,471
2,148
06,703
36,749
37,70G rand Rapid* A In d ian a
7,726
6,885
059 Col. Sundua.A Hook.. Mar.
57,465
29,059
076
ClnctnnaU a A F t,W .
188,756
7,9*0
30,859
Ja n . 1 to Mur. 3 1 ....
180,335
8.610
!>_’«
892
34
193,263
T rav erse C ity..... .........
Ju ly 1 to Mar. 31 . . .
735,332
2.334
Musk. O r. Rap. A In d
2,238
96
8,250
2,962
2,879
Dee .Moines A K. C ...M ar.
9,842
3*6,827
G ranu T ra n * of C anada
17,748
329,079
9,493
5,404
20,015
J e n . 1 to Mur. 3 1 . . . .
26,249
52,080
Chic, A G r, T ru n k .,
61,745
9,065
9,841
23,893
17,715
41,934
- rT16,791
D el. Or. H aven A MU..
16,283
503 D etroit A Maok’c .a .-A p r.
43,256
93,304
67,351
J a n . 1 to Apr. 3 0 . . . .
175,943
2,107
2.28*
Cfiu. Sag. A M ackinac..
143
115,872
79,339
194,140
Ju ly 1 to Apr. 3 0 ___
352,114
1,478
To!. Sag. A M uskegon,
1.528
5o
545,165
564,653
46,46*
52,530
In te rn '! A u t . N o rth ’n . .
6,133 E rie .............. .............Apr. 2,389,830 2,264,080
28,993
2,474
Io w a C e n tra !............. .
31,467
J a n . 1 to Apr. 3 0 ___ 9,288,868 8,802,710 2,038,863 1,902,713
1,402
7*506
0,08s
K anaw h a A M ich ig an ... i
Deo. 1 to Apr. 3 0 ....... 11,807,593 11,036,070 2,695,105 2,404,570
__ _ Ja ck . Tam . A K. W .. Apr.
0.720
10,932
1,206
K an. City Pitta!;. A Gulf !
2,779
6,919
29,550
32,761
K au. C ity sub. B e it........
5,67t
4,808
1,1*70
39,213
119,482
7,925
192,382
J a n . 1 to A pr. 30 . . .
L ake E rie A W estern___
8**,25i
6-,105
2,914
9,807
27,7 40
16,561
36,191
Keokuk A W est’n .b .M a r .
Loulsv. Ev»o*v, A St. L l
27,277
28,059
1,218
27,430
81.249
45,436
101,709
J a n . 1 to Mar. 3 1 . . . .
L ouisville A N ashville,.
355,070
11,190
343,880
Louisville N. A. A Chic.
31,027
128,222
5 5 ,85t
110,663
30,826
53,691
2,165
Louisv. Ev. A 3 t. L .b. Mar.
77,161
M exican C e n t r a l . . . . . . . .
180,290
57,737
358,309
176,991
3,231*
318,338
J a n . 1 to Mar. 31 —
x-irirurss-nr
M exican N a tio n a l. . . . . . .
77,034
■TT* Mobile A O hio........... Apr.
96,058
8,964
67,672
75,229
266,454
274,319
M inneapolis A St. Louis
28,034
35,130
.............
6,130
383,651
342,488
J a n . 1 to Apr. 3 0 ---- 1,152,081 1,05 L,763
M ina. S t. P . A 3. S te. M .,
61,133
38,111*
. . . . . m.
23,014
2,723,270 1,516,090 1,005,795
3,045,919
Ju
ly
1
to
Apr.
3
0
....
Mo. Kan*** A f e t a * ..
160,099
16,359
178,958
..
.
78,517
75,261
291,121
235,563
. . . . __
Mo. Pacific A Iro n Sit.
334,000
382.000
48,000 ft. Y .O n t. A W e s t.a .. Apr.
243,459
2 2 1 ,0 2 2
J a n . 1 to Apr. 3 0 ___ 1,055.002 1,033,914
10.00* i
1,000
C en tral B ra n c h ... . . . .
9,000
863,747
876,067
3,079,071
Ju
ly
1
to
Apr,
3
0
....
3,102,229
Mobile A Btrm tn c h a in ..
5,637
4.865
’772
73,215
48,837
170,012
68,570
173,500
63,369
JTew York O u t. A W osfn |
S . Y. 8u». A W est., b . Apr.
201
252,232
274,204
Norfolk A W estern_____
133,184
724,157
658,943
208,SOi
75,81*
J a n . 1 to Apr. 3 0 ---610,930
786,289
335,039
202,069
Sforthern P a c ific ... . . . . .
52,970
J u ly 1 to A pr. 3 0 .... 1,847,369 1,797,421
Ohio R iv e r .......................
21,286
16.514,788
149,239
138,210
510,002
493,919
N orth, C e n tra l.b ----.A pr.
P eoria Deo. A E v a n s r .. j
1,214
15,1 l i
16,325
f irifl- •
583,300
•183,063
J a n . I to A pr. 3 0 ___ 1,962,763 1,998,127
........
1,01H
11,01s
P ltw b . Shea, a L. E rie ..
15.93b
90,051
40,724
317,889
333,331
Pacific M ali................ Apr.
91.151
58,709
P ittsb u rg A W estern..
2,441
304,891
215,961
Ja n . 1 to Apr. 3 0 . . . . 1,317,217 1,453,194
. ____ _ .
7,037
Rio G ram ie S o u th e r a . . . .
9,110
2,073
Rio G rande W e ste rn ....
48,409
45,000
3,4CM>
P en n sy lv a n ia—
11,300
05,30*.
78,80*
8 t Louie S o u thw estern,
Lines directly o p e ra te d —
18,109
S outhern R a ilw a y .......
B e st of f'itbsb’g .. A pr. 5,132,272 5,205,472 1,336,803 1 ,5 1 1 ,4 0 3
303,01b
316,025
17,303
102,9985,597
T exas A Pacific................
J a n 1 to Apr. 30 ..20,026,109 19,138,909 5,098,228 5,155,323
27,554
Toledo A Ohio C e n tr a l..
7.153
Ia e . 210,200
lao . 183,100
W ert of P lttsb 'g .. Apr.
35,08(
5,7&6
Tol. 8 t. L, A Kan. C ity ..
i t ’,766
Inc. 156,500
Ja n . 1 to A pr. So ..
In o . 522,300
W abash.___ . . . . . . .
218,403
227,855
0,30’i
All
lines
o
p
erated
—
16,507
27,840
11,1 33
W heeling A L ake E rie ... 1
80,200
Deo. 220,600
D eo.
E ast of P iiW b'g- Apr.
WiacOEsIn C eu tral.
87,579
87,0*2
115
Dee, 293,400
J a u . I to A pr. 3 0 . .
In o . 639,000
la o . 226,000
206,537
370,628
T otal '8 5 r o a d e i . . _ . . . : 5,640,111 5,476,021
' West of P ittsb ’g.. Apr,
Ino. 183,300
79,700
Ino.
Ja n . 1 to Apr. 3 0 ..
In c . 539,600
164,091
S e tlo u r eaea (3 00 p, e.:>.
691,799
715,063
Pbila, A R eading...... Apr. 1,591,508 1,619,030
For the second week of May our tinal statem ent covers
J a u . 1 to Apr, 3 0 ___ 6,224,369 6,318,712 2,568,841 2,651,875
Dec. 1 to Apr. 3 0 .... 8,033,125 7,900,640 3,384,3- 9 3,2ji6,737
75 roads, and shows 4 60 per cent gain in the aggregate.
Coal A Broil Co....... Apr. 1,403,963 1,673,155 df.198,694 df. 171,081
J a n . 1 to A pr. 3 0 __ 0,365,503 7,190,130 d f,429,293 dr.197,920
Jn crm w . Decrease,
2€ mmk >f Mmj.
1895,
1816,
Dec. 1 to Apr. 3 0 ___ 8,581,861 8,778,385 df.511,713 df.385,318
574,582
493,103
M
T otal both coe.......Apr. ..2,995,471 3,322,185
f
4
#
J
a n . I to Apr. 3 0 .... 12,590,372 13.539,342 2,139,548 2,453,955
150,776
m p o rt e*,l (62
5,683,777 5,446,866
393*693
Dec. 1 to A pr. 30 . . . 10,639,986 16,679,025 2,873,36 6 2,871,389
fa**it,
2,1*3 J
11.682:
284,173
323,525
1,371
Clev*. Jsfclltofl A
10,03
S outhern R a ilw a y .a A p r. 1,393,097 1,403,744
9*
1,763
D m Mi 4tie# A K mm, City.
1,605
Ja u . 1 to Apr. 3 0 .... 6,051.920 5,673.424 1,087,798 1,554,206
7.96-1.9,736
4e A t l .
41.700TJiat.Ii
9b
J u ly 1 to Apr. 3 0 ...,1 6 ,3 7 7 .I l l 15,319,030 5,102,328 4,766,270

Roads.

i'HE

986

CHRONICLE

.,------ y e t E a rn in g s .— ■
1895.
18 9 6 .
18 9 5 .
189C.
$
$
%
$
2 ,1 1 2
1 1 3 ,0 1 7 (io f.2 4 .4 3 3
8 2 ,6 9 3
6 3 ,3 2 7
3 9 7 ,6 2 6 (lo f.3 2 ,4 5 1
3 2 5 ,5 3 2
2 6 3 d e M ,3 2 5
3 1 ,5 1 4
7 7 ,3 9 0
3 5 ,1 7 3
2 6 ,2 9 L
2 5 4 ,8 0 7
3 0 3 ,7 4 6
7 87
<1.4.21,170
1
4
4
,5
6
1
1 6 0 ,0 3 3
9 3 .5 0 0
6 5 2 ,4 3 3 (le f.0 ,1 6 0
6 3 9 .2 7 8
2 ,7 4 8
4 ,2 8 7
1 8 ,2 6 2
19,6 4 8
1 7 ,0 3 7
1 1 ,0 1 9
6 2 ,8 3 8
6 0 ,8 5 1
2 1 3 ,0 8 5
2 1 3 ,8 8 5
9 7 9 ,1 0 6
9 6 0 ,1 2 4
8 7 1 ,5 7 2
3 ,8 8 4 ,5 4 8 3 ,7 2 6 ,0 7 8 1 ,0 2 5 ,4 4 4
1 0 ,8 6 2 ,4 4 0 1 0 ,0 1 2 ,9 0 5 3 ,1 5 3 ,0 1 0 2 ,5 4 9 ,0 2 2

-Gross K a rn m g s.-

Roads
S u m m it B ra n c h ......... A pr.
J a n . 1 to A p r. 3 0 . . . ,
L y k e n s V al C o al.. .A p r.
J a n . 1 to A p r. 3 0 -----

T o tal both Go’s. . .A pr.
J a n . 1 to A p r. 3 0 . . .
T e x a s C e u tr a l ... .. .M a r .
J a n . 1 to M ar. 3L —
W ab a sh , b ......................A pr.
J a n . 1 to A pr. 3 0 ---J u l y 1 to A p r. 3 0 . . . .

$ 9 1 ,6 9 6
19,767

N e t in c o m e .................................
8524,474
I n t e r e s t o n 1s t M. b o n d s a n d $ 3 0 0 ,U00 l o a n . .. 1 2 ,8 0 0
I n te r e s t o n in c o m e b o n d s ...................................
7 ,2 7 5

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

S u r p lu s ..................- ...................................................

$ 4 ,3 9 3

$ 1 1 ,7 0 4

Bat. o f Net E a r n * —
—Inter*t, rentals ,
1896
181*5.
1895
18 9 6 .
$
,
*
d e f.6 3 2
3 ,8 1 4
8 ,8 0 4
12,9 8 7
5 8 ,0 2 3
2 0 ,559
8 3 ,0 4 2
1 2 0 ,9 2 5
8 7 2 ,9 5 4 d f.1 0 0 ,8 2 6 d e f.6 4 ,2 7 7
8 8 0 ,0 0 0
4 0 ,7 0 5 d t.4 3 1 ,7 i2
3 ,5 2 0 ,0 0 0 3 ,4 9 1 ,8 1 7
2 3 2 ,0 1 4
1 0 ,8 6 5
5 0 ,4 9 7
2 3 0 ,7 4 1
5 5 7 ,9 9 0
4 5 2 ,0 7 2
2 ,3 6 3 ,0 2 4 2 ,3 6 1 ,6 2 3
3 6 ,8 0 2 d e l.1 5 ,1 5 3
2 .2 5 3
3 6 ,8 0 2
3 6 8 ,0 1 7
3 2 ,2 2 7
4,2 8 0
3 6 8 ,0 1 7

Ja n . 1 to Latest Da

WeelcorMo\ 1896. i 1 8 9 5 .

New Eog. S t —(Goa)

Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing,
also report charges for interest, &c., with t h e surplus or deficit
above or below those charges.
Roads .
.Buffalo & S u s q u e h ’a A p r.
J u ly 1 to A p r. 3 0 ---O hio. B url.& Q u in c y .. A pr.
J a n . 1 to A p r. 3 0 . . . .
O lev. C in. Ch. & S t. L .. A p r.
J u ly 1 to A p r. 3 0 . . .
P e o r ia & E a s te r n . A p r.
J u ly 1 to A p r. 3 0 . . .

Latest E a rn in g s R? a Tried

G ross
E a r n in g s .

a N e t e a r n in g s h e r e g iv e n are a f te r d e d u c tin g ta x e s ,
b N et e a r n i n g h e re P’1v e n a r e o efo ^ e d e d u c t in g ta x e s
* In c lu d in g C h ic ag o B u rlin g to n & N o rth e rn fo r b o th y e a rs.
M arch, Ja n . 1 to Mar. 31.
C h ic a g o P e o r ia & S t . L o u is —
18 9 6 .
1896.
G ro s s e a r n in g s ........................
$ 3 4 ,0 0 1
$ 2 5 2 ,o 0 4
E x p e n s e s ...............................................
5 3 ,0 2 6
1 60,808
N e t e a r n i n g s ..............................................................$ 3 0 ,9 7 5
6 ,5 0 1
T a x e s a n d r e n t a l s ...... ..........................................

[V o l . L X I j.,

1896.

Ply m’til <&Kingston A p ril.......... 2 ,3 5 9
2 ,0 3 8
Total.................... Wk M a y 23 5 ,1 0 8 4,07G
NewKaven&Centrov. April........
4,68 l
3 ,6 9 4
New Haven St. Ry. .. A p r i l .......... 14,845 1 2 ,565
New London 8b. Ry.. A p r il......... 2 ,9 1 6 2 .3 6 0
New Orleans Traction M a rc h ........ 111,441 1 03,458
N. Y. & Harlem ......... M a rc h ........
Northampton St. Ry.
(Mass.).................... M arch .
6,2 5 6
4 ,9 2 0
Ogdensburg St. R y .. A p r il..
1,2 7 4
Paterson Ry---- ----- A p r il..
2 5 ,3 1 0 2 0 ,6 4 9
Pitts. Frontonao &
Sub.Elee. Rv.(Kan.) A p r il___
1,377
Po’keepsie «fcWapp. F. M a r c h ...
5 ,4 4 8
Roanoke Street......... A p r i l .
, 3,4 4 3
2 ,6 3 6
Rochester Ry............ M a r c h ........i 7 0 ,9 7 5 6 5 ,033
Savannah Electric... F e b ru a ry ..
5,441
3 ,1 7 0
Sohuyikill Traction... A p r i l .......... 7 ,5 0 5 6,7 3 8
Schuylkill Val. Trao. A p r i l .......... 4 ,2 3 5 3 .3 8 0
Scranton Traction.... A p r i l .......... 2 6 .3 0 3 2 2 ,0 3 5
Second Ave. (Pittsb.) A p r i l .......... 3 8 ,9 0 5 2 2 ,3 8 8
Sioux City Traction A p i i l .......... 6 ,6 8 5 6,6 4 8
Steinway Ry.............. A p r il.......... 2 4 ,7 7 3 1 7 ,439
Streator Railway___ F e b r u a r y ..
991
888
Syracuse Consol....... M a rc h ........ 1 0 ,8 3 6 1 4 ,6 3 7
Syracuse E’st-SideRy. M a rc h ........
2,8 1 3
Syracuse St. RR...... . M a r c h ........ 2 4 ,3 7 0 1 5 ,7 5 9
Terre Haute El’c. Ry iJ a n u a r y . . . 12,819
7,909
Third Ave. (N. V.) ... iM a r c h ........
Toronto Ry............... A p ril.......... 76,241 75,199
Twin City Rap. Tram. A p r i l .......... 161,071 1 5 2 ,9 1 6
Union (N. Bedford)... A p ril.......... 15,34o 1 3 ,2 8 3
United TraR. (Prov ) M a r c h ........ 130,611
Unit. Trac. (Reading) M a r c h ........ 12,18 1 0 .797
Utica Belt Line......... M a rc h ........ 1 3 ,449 11,517
Wakefield & stone__ A p r i l .......... 4 ,lo 4 3 .2 0 7
Waterbury Traotion.. A p r i l .......... 18,19.^ 1 7 ,898
Wheeling R a i l w a yApril
. __
13,688 1 1 ,3 2 6
Wilke^b. & Wy. Valley jApril
3 7 ,722 3 2 .2 6 5
Worcester Consol......'April.
3 9 ,0 5 3 3 2 .4 7 4

1895.

$

$

8,3 5 6

7 ,2 5 8

1 8 ,413
5 4 ,8 3 5
10,628
3 3 3 ,2 4 9
2 3 2 ,2 6 0

'i 2.298
47,278
9,842
285,627
279,026

1 9 ,3 0 7
3 ,7 6 3
94,931

1 2 ,9 9 7

$

5,4 3 5
16,043
11,605
2 1 0 ,7 7 5
2 9 ,6 6 8
1 5 ,2 7 3
1 0 1 ,7 4 0
1 3 6 ,0 4 2
25.541
8 5 ,1 2 2

2 ,l2 o

3 2 ,4 9 9
8,1 5 9
6 8 ,7 9 6
1 2 ,819
584 ,5 4 1 ;
2 9 8 ,5 3 5
6 1 9 .5 8 7
5 9 ,205;
387,525!
3 6 ,4 4 6 1
3 8 ,6 5 0
13,622!
7 7 ,0 8 9 .
5 0 ,7 6 0
1 49,779;
1 4 5 ,8 0

7 5 ,4 9 7

9,398
187,100
2 4,925
10,652
78,900
74,530
24,955
61,650
1,827
44,014
36,832
7,909
580,521
278,404
590,074
48,196
30,251
33,613
11,168
69,767
40,937
114,257
119,737

Street Railway Net Earniagd.—The following table gives
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
we print each week all the returns received that
STREET RAILWAYS AND TRACTION COMPANIES.
week, but once a month (on the third or the fourth Satur­
1 The following table shows the gross earnings for the latest day) we bring together all the roads furnishing returns, and
period of all s tr e e t railways from which we are able to obtain the latest statement of this kind will be found in the
weekly or monthly returns. The arrangement of the table u C h r o n icl e of May 33, 1896. The next will appear in the
the same as that for the steam roads—that is, the first two issue of June 21, 1896,
-y e t E a rn in g s . -----— Gross E a rn in g s .columns of figures give the gross earnings for the latest
1895.
1896.
1896.
18 9 5 .
week or month, and th« last two columns the earnings for
Roads.
$
$
$
370
3,6 7 9
the calendar year from January 1 to and including such latest A m s te rd a m 8 t. R y ...A p r.
3 03
1 .6 7 5
J
a
n
.
1
to
A
pr.
3
0
.
.
.
.
197
1,601
1
4
,4
7
7
1
2
,926
week or month.
(S T R E E T
G r o ss
E a r n in g s .

R A TLW A Y 3 A N D

T R A C T IO N

Latest Qross E a rn in g s .
Week o r Mo

18 9 6 .

1895.

C O M P A N IE S .

J a n . 1 to Latest Date ,
1896.

2 2 ,1 3 1
6,7 4 2
A k r o n B e d f ’d & C le v . A p r il..
6 5 ,3 9 8
1 6 ,2 0 0 1 3 ,7 7 7
A k r o n s t .R y .& 111. C o. A p r il..
5 9 ,5 0 9
16,7 8 2 15,0 6 0
A lle n t ’n & L eh . T r 't’n A p r il..
1 4 ,4 7 7
3,6 7 9
3 ,6 7 5
A m s te r d a m S t. R y . . . A p r il..
7 7 ,1 6 3
2 6 ,9 0 8 2 3 ,2 3 4
A t la n t a C on. S t. R y .- M a r ch
9 7 ,4 6 9 8 7 ,8 7 9 3 5 4 .3 2 6
B a lt im o r e T r a c tio n .--!A p r il..
5,4 4 1
1,545
1,4 9 6
B a t h 8 t. R y . (N . Y .) .. A p i i l ..
2 5 .4 4 4
6 ,0 3 0
6 ,5 7 8
B a y C itie s C o n s o l___ 1A p r il..
3
9
.8 9 1
8 .9 1 2
B in g h a m to n S t. R y ,..'A p r il..
1 0 ,8 0 9
1 0 8 .6 3 2
B r id g e p o r t T r a c tio n . 3d w k M a y
6,747
5,1 9 4
8 5 ,5 3 1
B r o c k to n C on. S t. R y .'A p r il.......... 2 3 ,8 5 3 1 8 ,9 4 0
B r o o k ly n E l e v a t e d . . 3d w k M a y 3 1 ,5 9 4 4 1 ,4 6 8
7 0 1 ,8 7 9
B r o o k ly n H e i g h t s ___1A p r i l ..
376,216 3 3 0 ,9 9 5 1,322,469!
2 0 4 ,0 8 5
B r’k ly n Q u e e n s & S u b A p r i l ..
5 9 ,1 7 9 51,5 8 7
B r o o k ly n T r a c tio n —
7 3 .8 2 8 6 1 ,5 9 7 2 1 5 ,4 5 4
A t la n t ic A v e ............ 'M arch.
14,2 2 0
5,7 4 1
4 ,7 4 5
B r o o k ly n B . & W . E . M a r ch
2 2 9 ,6 7 4
7 8 ,5 7 3 6 7 ,3 3 8
T o ta l..................
'M arch .
3 3 5 154;
B u ffa lo R y .......................'M arch
5 9 ,1 4 7
C e n tr a l T r a c .(P itts b .) A p r il..
1 4 .8 0 5 13,5 2 3
5 4 ,3 1 4
C h e s te r T r a c t io n ........ A p r il.,
15,815 13,301
6 1 .8 0 6 6 8 ,4 2 9 2 5 4 ,8 1 8
C h ic. & So. S id e R T .. A p r il.
5 0 ,9 5 0 4 5 ,9 5 9 1 8 5 ,8 2 5
C in . N e w p o r t & C o y . . A p r il.
G it’s P a s. R y . (Tnd’s.) A p r il.
7 5 ,9 8 5 7 2 ,7 5 8
*5,967
I , 685 1,617
C ity E le c . (R u m e ,G a .) A p r il.
89,7 6 0 8 0 ,8 6 4 3 3 6 ,3 3 5
C le v e la n d C ity R y — A p r il.
131,509 1 1 5 ,4 2 6 5 0 4 , L75
C le v e la n d E l e c t r i c . . . A p r il.
C o lu m b u s S t. R y. (O.) 2 d w k M a y 13,503 11,2 4 6
2 6 .6 9 9 2 3 ,1 7 6
C o n e y I s la n d & B ’ly n . A p r i l ...
8 7 ,6 2 8
208,237 1 8 3 ,754 6 0 6,265,
C o n so l. T r a c tio n . N .J M a r c h ..
6,0 1 3
7 ,9 ->2
D a n v .G ’a E .L .& S t.R y . A p r i l . . .
5 9 ,3 3 2 5 7 ,3 5 0
D e n v e r C on . T r a m w . A p r i l . . .
2 2 2 ,1 1 9
3 5 ,1 0 9
D e t r o it R y ...................... A p r i l . . .
1 3 6 ,4 0 5
1 7 ,1 9 4 1 6 ,9 7 6
D u lu th S t. R y ................ ' A p r i l ...
7 0 949
11 ,2 5 4
E r ie E le c . M otor C o . . A p r i l . . .
9 ,7 9 9
4 3 ,8 7 2
1,535
F lu s h in g & C o lle g e P t. A p r i l . . .
5,158
F o rt W ayne c o n s o l... A p r il...
8,3
89
II,
339
4 2 ,7 0 5
G al ven t o n C ity R y . . . F e b r u a r y .. 13,0 5 8 12,4 1 9
26,3 1 7
H e r k im e r M oh aw k II3 ,6 6 7
ion«v F ’k f o r t E l .R y . M a r c h .
1,701
10,415
673
H o o s ic k R y .....................A p r i l ..
2,2 4 5
H o u s to n C ity S t. R y .. M a rch .
1 5 ,3 6 6 1 5 ,8 5 8
I n t e r s t a t e C o n so l. o t|
9 .3 1 2
N o r th A t t le b o r o — A p r il..
3 4 .7 4 2
L a k e S t. E le v . (C h ic.) A p r i l ..
5 2 ,9 0 8
L e h ig h T r a c tio n ...........A> n l..
9 ,1 2 6
3 7 ,0 0 8
L o ck H a v e n T r a c tio n M a r ch
3.3 1 2
3,3 2 5
L o n d o n S t R y . (C a n .). A p r il.
6 ,0 9 6
3,9 1 8
2 2 ,2 6 3
L o ra in S t. R y ................ M a r ch
5,4 3 1
6,337
14,496
L o w e ll L a w . & H a v . . A p r il.......... 3 0 ,7 4 1 27,8 5 7
1 1 0 .388
L y n n & B o s t o n ............ 3 d w k M a y
2 7 ,8 5 8 23,781
4 5 5 ,2 5 7
M e tr o p .(K a n s a s C ity ) 2 d w k M ay 3 6 ,1 9 0 32,625
6 0 1 ,5 f 6
M o n tg o m e r y S t. R y .. A p i i l . .
4 ,8 8 i
3.9H3
15,869
M o n trea l S t r e e t R y ... A p r il..
9 7 ,4 6 2 84,431
3 7 2 ,Oo9
N a s h v ille S t. R y .......... M arch
2 4 .8 0 4 2 3 ,8 8 "
N e w b u r g h E le c t r ic ... A p r il..
5 ,7 4 7
3,8 2 5
N e w E n g la n d S t.—
|
W in c h e s te r A v e — A p r il..
1 5 .8 3 0 14.28
58.511

1895.

5 5 ,138
5 3 ,1 0 3
1 2 ,926
6 0 ,091
3 1 7 ,5 9 2
4,9 9 0
2 3 ,4 9 4
3 2 ,3 6 8
9 2 ,883
7 0 ,3 6 3
8 7 2 ,8 0 8
9 3 4 ,3 6 9
1 4 3 ,3 0 9
1 27.326
1 5 ,246
1 4 2 ,5 7 2
2 9 7 ,3 6 3
5 3 ,9 7 1
4 6 ,081
2 6 1 ,5 0 2
1 65,994
2 9 7 ,1 5 2
4 2 6 ,4 7 7
9 6 ,8 5 3
4 9 7 ,9 4 9
2 1 4 ,6 0 6
68*408
3 7 ,4 0 6
3 0 ,9 5 6
2 7 ,0 1 0

D a n v .G a a E l.-L S t. R y A pr.
7 ,9 3 2
D e tro it R a ilw a y .........A pr.
35,109
J a n . 1 to A pr. 3 0 ___
136,405
D ry D ock E. B. & B a t t . —
J a n . 1 to M ar. 3 1 ___
17 0 ,1 2 }
D u lu th S tr e e t R y ---- A pr.
17,561
J a n . 1 to A pr. 3 0 ___
6 5 ,7 0 6
L e h ig h T r a c tio n .........A pr.
9 ,1 2 6
J a n . 1 to A pr. 3 0 . . . .
3 7 ,0 0 8
J u ly 1 to A p r. 3 0 ___
1 0 2 ,5 9 2
M e tr o p o lita n S t. R y . (N .Y .)—
J a n . 1 to M ar. 3 1 . . . . 1 ,8 7 9 ,5 7 1
8io u x C ity T r a c tio n ..A p r.
6 ,6 3 5
J a n . 1 to A p r. 3 0 ___
2 5 ,541

ANNUAL

6 ,0 1 3

4 ,2 1 6
10,336
3 8 ,6 8 6

2,300

16 1 ,6 3 3
1 7 ,765
6 5 ,2 9 1

3 7 ,3 4 7
8,701
3 0 ,8 2 7
4 ,7 8 2
1 4 ,4 43
4 6 ,1 1 7

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

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

7 7 8 ,5 9 3
1,758
4,631

487,414
1,205
1,94

REPORTS.

Annual Reports.—The following is an index to all annual
reports of steam railroads, street railways and miscellaneous
companies which have been published in the C h r o n ic l e since
the last editions of the I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p ­
p le m e n t s .

This index does not include reports in to-day’s C h r o n ic l e .
R a il r o a d s a n d M is c e l . C o ’s .
Volum e 6 2 —
Page.
Allegheny V a lle y ..............................^776
B urlington Ced. R apids & N orth.. 866
Cine. & W est M ichigan.................... 820
Cincinnati & M uskingum Valley.. 906
F lint A P ere M arq u ette.................. 819
G eneral fcClectric................................ 776
Grand Rapids & In d ia n a ................. 775
Kansas City & O m aha..................... 819
Bake Erie & W estern................ 818, 826
Lake Shore & M ichigan S outhern. 8 )4
M ahoning Coal R R ............................ 865
M exican C entral................ 805,817, 826
Michigan Central
......................... 865
M onougahela R iver R R .................. 867
New England Tel. & T el............. .. 906
N. V. Chicago & St. Louis................ 866

R a il r o a d a n d M is c e l . C o ’s

Volum e *2—

(Con.)
Page.

Norfolk & W este rn ........................... 905
Ohio R iver........................................... 946
Oregon Short Line & U tah N orth’n 819
P ennsylvania Steel. ........................ 776
P hiladel jn ia Gas Co........................ 947
St. Joseph & Grand Isla n d ................819
Union Pacific .................................... 818
U nited S tates Rubber Co................. 947
W ilm ington & N orthern................ 867
S t r e e t R a il w a y s .
A llentow n & L. V . T ractio n ____ _
Louisville Railway .........................
N orth H udson C ounty....................
Sacram ento Electric Pow. & Lgt..
Tw in City R apid T ra n sit................

906
411
411
411
500

Pacific Mail Steamship Company.
( Preliminary report for year ending April SO, 1896.)

1 4 515
15,861
9 8 ,0 3 4
4 1 6 ,7 5 8
5 5 9 ,4 5 0
1 3 ,9 1 3
3 0 3 ,9 0 5

5 3 ,9 8 5

The company submits the following preliminary statement
of earnings and expenses for the year ending April 39, 1898,
to be followed (as soon as practicable) by the customary an­
nual report, covering in detail the operations of the company.
President C. P. Huntington signs the report, which says :
“ As compared with the results of the previous year, there
has been an increase in the gross earnings of $122,164 and an
increase in expenses of $126,415, showing a reduction in net
earnings of $4,251 over the business of last year. The sum
of $150,000 cnarged to expenses for “ general and extraordi­
nary repairs of steamers” is carried to the credit of the fund
set aside for that character of repairs, to which account has

THE CHRONICLE.

Ma t 30, 1896.]

been charged the sum of $191,015 expended on its steamers
during the year, leaving a balance to the credit of this fund
April 30, 1896, amounting to $304,043.
•‘ in addition to above expenditure for extraordinary re­
pairs, the sum of $190,707 has been paid during the year and
charged to " steam-r expenses" for the ordinary repairs of
the company’s fleet.
“ Tha company is free from indebtedness, except for cur­
rent expenses, and has available loans and cash on haod in
New York, San Francisco and London, April 30, 1896, the
sum of $010,439 57.”
EASNIXOS AND EXFKNSK5 FOR TUB YEARS EXDISO APRIL 30.
1805-6.
1893-4,
$1,010,776
$1,239,528
6 i.n e s
57,378
2,4*3,079
2,543,942
76.10-1
49,609
59,080
65,1(00
15,0!!'i
15,000
133,822
120.300
l i ,431
187,109
146,711
23,763

Receipt*.—
P a ss e u s e r earn in g * ..............................
M ad earn in g s ............................ - .........
Freight earn in g s .. ......... ...........
M L eriiaueou* earn in g s
C e n tral A m erican su b sid ies................
M exican su b sid y ...................................
M iscellaneous receip ts ......................
In te re s t, d iscount a n d com m issions
K x e n a n g e ............................................... .
C h a rter o f ste a m e rs......... ..................

T o ta l re c e ip ts......... ...................................... *1,210,037
B tp c m t t.—
G eneral an d ex fra o r. re p a irs of s te a m e rs ... $150,000
S te a m e r e x p e n s e s......... ...................................... 2,486,213
A gency expo » e a .......................................
731,516
51, 118
G en eral e x p e n s e s............................. —
In te re st, d isc o u n t an d c o m m is s io n s .................................
C h a rte r o f s te a m e rs ,......................................
38.025

$4,037,872

4 1 ,1 3 2

$150,000
2,352,033
733,913
67,153
25,126
11,215
30,171

T o tal e x p e n se s................................... ...........$3,501,655
R eceipts o v er e x p e n s e s ..................................... $708,381

$3,375,210
$712,632

G e n e ra l a v e r a g e a n d o th e r e x p . o f s te a m e rs .

In I 893.94 total receipts were $3,834,093; total expenses,
$3,338,831; receipts over expenses, $473,462 —V. 03, p. 743.
Chicago EdlBon Company.
( R e p o r t fo r th e y e a r e n d in g M a rch 31, 1S0G.)

The annual report, according to the Chicago papers, gives
results for the year ended March 31 as follows:
A ttelt—
1890.
1895.
1994.
Plants, real estate and franchises. .$7,703.517 $7,220,390 $8,035,279
109,917
190,329

135,959
199,122

219,096
238,891

D ue fro m s t o c k h o l d e r s . .. ......................................

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

450,27 7

Work* in pr-litre-!*, m aterial, e tc ..
A ccount* and n o te , receivable!___

C a sh .......................................................

49,920

207,750

254,286

T o tal a s s e ts .................................. $ 9 ,0 5 1.083 $7,709,521 $7,197,829
LiabitiHe*—
Capita! sto c k .......................................$1,949,137 $4,4 0 0 ,(0 0 $1,200,000
S u b scription c e rtific a te * .-.......................
—
517.700
Bo ruts an d d eb en tu res . . . . . . . . . . . 2,503,500
2,325,300
A ccounts aod note* p a y a b le ,__ _
a 0 i .i 2 8
220,918
393,450
Open aeco a n t* ...................................
19,713
12,344
24,818
S u rp lu s a c c o u n t......... .............
278,007
263,759
251,261
T otal lia b ilitie s............................$8,034,883 $7,769,521

$7,197,829

The report shows a balance of #12,000 carried to the surplus
account, after the payment of alt operating expenses, fixed
charges and the regular dividend of 8 per cent. The increase
in net earnings was about 22 per cent over the previous year.
The bonds outstanding are; First mortgage 6 s of 1893, due
Jan 1, 1913, but subject to call at par, #130,300; debentures
subject to call at 105 prior to Jan. 1 , 1898, and after that at
par.

GENERAL

IN VESTM ENT

NEWS

Reorganizations, Etc.—L a te n t D a ta a s to D e fa u lts, R e ­
o rg a n iz a tio n P la n s, P a y m e n t o f O verd u e C o u p o n s, E tc .—
A S facts of this nature app earing sin e th e publication o f tbe
last issues o f th e I svesto bs ’ and S truct R a il w a y S c ppl k steSTS m ay be read ily found by m eans o f the fo llo w in g in d ex.
T his indt-vc d o -s n o t inclu de m atter in to day's CflRONJCLB,
o r / Ytr som e m in o r c o m p a n ie s see a lso in d e x i n C hronicle
o f M a y 16. p . 907,
E ailkoads amo mm&i*. Go’s*
R-ULilOAB AND MlSCKJU GO’S (Con.)

Volum e 62—
Page.
Vot um e 6 2 —
Page-.
Akmrs St due*.June. (BJkOO.mup, fe) NcWjcSma't k Strait* v.fB .kO.) def. o'
BMCittsotee Belt i B, k O .j. . . . . .map. saw Sort.M tom. At Atl...rtt/rp. 779; mid »
B*ttfmoni k N. t . IS. k O.j ..m m . SS*1 Norfolk MW mu sra .. depmlt* 821, 000
Bai t-A Ohio. rtarg.'*77; u c v .ttfiJ m , Pi»
do
Co . . . __ ....m um . 950
tL>
. . . . . ......mup. S0i Northern Pacific
— fared. $22, 9*79
Oadttr
tmmm&.......jme mi
do
do . . . . . . __reoro.779. 870
Jamm It t r. VaJl ey . . . . . . . . . . rtorg. P<0
Gwairal t w O M W l rmrg. pat* OsOmtnh. h L- Ohatnpial n ,mup.WB, SUB
€i»m. OMo k &)ntkweM0m*i ,emip, We Or^mm Short Line At UM.ctntp.179, 870
Gtotaaao A W«s#t M t c i t t g r a n mp. TfS
lllJtti * N o , . m u i p . b o n d s k m a p « . 010
CHwrfsiAWCJklasbtenaAUnit*. ,r*o>a. SSI Philadelphia k Rca<Jin*./orrcL842, 9'»0
G a m Term. & ITal. i B. At 0 0 .temp, §20 PlttAhur« * Westerned /. 820. mm, 8%2
S « a 4 At Hodk,.,..eous»i. 9t9 Port Royal & A ugusta...........mle 650
pentpon k Norffeurn....♦ ecrr’tJtti*, 1*0$ Quincy Omaha & K. C.. .aijrmmerw. S22
Vmrnm k
77B, m l, {KM
■
Ragrill]* k i akltara-a., . . . . . .m tt a@t St. Joseph k Gr. isi’cl.pfcm.781.870. 950
Drwm Bay Winona k 8L P,..r*oro. m l St- hurt* A San V ....plan, 804, 822. 829
<!*•»
....juotek mm
Do
do
__ rtcvnh Un 8"0
IMmerjetmntc. liy. o f Mexico. ,r#©r<|, 949 S e ttle Lake Sh. At Eaat.rrorji.785, 870
Jtkckmnr. Umisr. k St, i^f&rcL?Wt 9* h
do
do
....... «ol*i f 50
On
80
.... Ahtoftt. fjij# Union Pacific..................toitp. 811, 0iO
lAPMitiMfffliie Tmnim At K. W..
B4l United. Slates Cordage.. . . . . .JorceL 828
KflkQfHt-t Gti f & O r n a f e a .feora, W-*
Strkct R ailw ays .
Little ll<>ok * M em pfek,,,.... ml* 909
Iroaltrille Hi. L k T exas..... j s i t, my Cen.Wfscon. Kle«:-. «;»shkosh».rrcor. 918
Nc»n'h Georgia.
em Lake St Lie rated (.Cbicagohcoupr. fi4S»
Memphis
.phtn.H-zi, S69 S eattle City By................ .......... sale V>50
tin
do
.. .r*DTy:77S,
Syracuse Street Roads. ....... rtorg. 850
M eriden W aterbary At Corm...told. IBP

A n e ric n Wutpr Works—Omaha.—F o r e c lo s u r e S a le —R e ­
Omaha, May 20, the water work* sys­
tem of the city was sold under foreclosure, the purchaser be­
ing j be Farmers’ Loan & Trust Company, trustee for the
bondholders who hold the mortgage bond* on the plant.
There « a i but one bid, tbe purchase price of the plant being
14,000,000. There were two other pieces of property sold at
o r g a n i z a t i o n P la n —At

9£7

the same time, both of which were bid in for the bondholders.
The sale has been confirmed.
A reorganization plan will shortly be announced. The Re­
organization Commic'ee consists of M-ssrs. E. Thalmaan,
Gerald Hoyt, R, G. Rolston, W. R. Nicholson. Wiathrop
Smith, Frederick Strauss and T. C, Woodbury,—V, 62, p. 820.
Atchison Topeka & Santa Pe R y .— F in a n c i a l S t a t u s . -A n
interview with Mr. Robert Fleming, of Loudon, a prominent
member of the Joint Executive Reorganization Committee,
will be found in our editorial columns.—V. 6.2, p. 909.
Baltimore & Lehigh Ry.—York Southern UR.— R e p o r te d
N e g o ti a t i o n s .— A s to the newspaper reports of a pending
agreement, the C h r o n i c l e is officially informed “ that nego­
tiations between these companies have been pending ever
since their organization, but so far without defini .e result—
the companies being no nearer together at present than they
have been during that whole period.”—V . 62, p. 279, 726
Baltimore & Ohio RR . — C o u p o n P a y m e n t s J u n e 1 .—The
receivers state that the following interest, due June 1, on
bonds of the company and its allied lines will be p a i d (not
purchased), namely:
Loan of 1878, in London, at the office of J. S. Morgan &
Co., account of the Baltimore & Ohio & Chicago RR. Co.
Terminal mortgage loan of 1894, in New York, at the office
of Brown Bros. & Co.
Schuylkill River East Side RR. bonds, in Philadelphia, at
the office of the company, 143 South Fourth STeet.
The interest will not be paid on 8340,000 Washington City& Point Lookonr RR. 6 percent bornls.
S a le o f C e r tific a te s .—Of the §5,000,000 receivers' certifi­
cate, $4,000,000 will be issued on June 1, having been taken
by a syndicate of New York bankers, headed by J. P.
Morgan & Co. The remaining $1,000,000 are held in reserve
by the receivers, and when issued will also be taken by the
same syndicate. The car trust certificates, amounting to
.$3,400,000, will not be issued until July 1. The receivers’ cer­
tificates are payable in three years, and are redeemable after
one year on thirty days’ notice. They carry 6 per cent inter­
est, pavable June and December. Sales have been made at
1QH£.- Y . 62, p. 948.
Cape .Hay, N. J., Transportation C o .— I n c o r p o r a t i o n a n d
L e a s e .—This company has been incorporated to lease and
operate trolley roads at Cape May. Mayor J. H, Edmunds is
President and Treasurer; Thomas S. Stevens, Secretary.
Centralla & Chester R y . — E x t e n s i o n t o S a l e m .—Track is
being laid on the extension from Centralia to Salem, 111., 14
miles, and it is expected to run trains to Salem by June 15,
after which work will be commenced on an extension from
Evansville, 111 , to St, Genevieve on the Mississippi River,
about 10 miles The company has a close running arrange­
ment with the Illinois Central at Gentralia, using the latter’s
terminals at that point. At Salem the Chicago Paducah &
Memphis gives another outlet to Chicago via the Wabash and
an Eastern connection is made with the Balt. & Ohio South­
western.
Central Vermont RR.—F o reclo su re. P r o c e e d in g s .—At a
meeting of the bondholders’ Committee in B iston, Alay 23, it
was unanimously decided that “ it is advisable to institute
foreclosure proceedings as soon as possible.” Foreclosure can
be begun at any time after July 1.—V. 62, p. 948.
Chicago Burlington & (piincy RR.— L i s t i n g . -This com­
pany h a s listed on the New York Stock Exchange an addi­
tional .$747,000 of its consolidated mortgage 7 per cent bonds,
secured under an indenture dated July 1, 1873, to Sidney
Bartlett, John W, Brooks and H. H iiimneweil, trustees,
makiog total amount listed to date $28,924,000. The above
$747,000 of bonds have been sold to reimburse the treas­
ury for construction expenditures made prior to Dec. 31,
1888, as provided in the mortgage indenture. Of the $30,000,000 of bonds authorized under this mortgage, there are
d o w held in t h e treasury $1,076,000, which may be issued in
exchange for an equal amount of Ottawa Oswego & Fox
River Valley RR. 8 s, payable July 1, 1900.—V. 62, p. 685.
Chicago Gas—People’s Was Light & Coke.— L i s t i n g o f
$ 1 ,500,000 C o n s o l. 5 s .— There have been listed on the New
York Stock Exchange an additional $1,500,000 first consol­
idated mortgage 6 per cent gold bonds of the People’s Gas
Light & Coke Company of Chicago, issued under the terms of
the mortgage for 90 per cent of the amount actually expended
in acquiring additional property, real or personal, or for im­
provements. extensions, enlargements, equipment or better­
ments, or for constructing, carrying on or extending its
works, as follows: Real estate, $110,000; gas holder, gas holder
tank and governor house, with 30-inch valves, pipe connec­
tions and pumps on said real estate, $492,000; other new
buildings, machinery, street mains, services and meters.
$1,098,000; total, $1,700,000, Total amount listed to date”
$4,900,000.—V. 62, p. 588,
Chicago Genera! Ry.— P u r c h a s e o f W e s t & S o u t h T o w n s Co.
—The Chic, Gen. Ry., which has been operating under lease
the West & South Towns Co., has purchased the entire prop­
erty and in the near future, it is understood, the two corpora­
tions will be consolidated. The $500,000 of West & South
Town stock on which the General Company guarantees 6 per
cent after Nov. 1, 1898, has been surrendered, and the stock­
holders, when the consolidation i3 effected, will receive, it is
reported, General Company’s 5s at par, interest on which will
not begin until the date named. Several miles of extensions
are now under construction.—V. 62, p. 568.

988

THE

CHRONICLE.

Chicago & Eastern Illin o is RR.—Listing.—This company
has listed on the Nevr York Stock Exchange $94,000 addi­
tional general consolidated and first mortgage 03 issued for
construction of Mission Fields branch, 2 62 miles, and Glenburn branch, 2 65 miles, making total listed $7,437,000. Also
Chicago & Indiana Coal Ry. first mortgage bonds, $39,000,
for construction of Gladstone spur, -45 mile; Superior spur,
1-20 miles; McIntosh spur, '57 mile; making total amount
listed to date $4,626,000.—Y. 61, p. 609.
Cincinnati Lebanon & Northern Ry.—Pennsylvania Co.
— Official Confirmation as to Purchase.—An official of the
Pennsylvania Company, in response to a letter of inquiry,
writes to the C h r o n i c l e : “ The Cincinnati Lebanon & North­
ern Railway has been purchased by this company. We now
own all but 140 shares of the stock, the total shares outstand­
ing being 9,930 shares of $100 each. For the present the road
wfil continue to be operated under its own organization. No
change is contemplated in the securities of the company.”—
Y. 62, p. 548.
Cincinnati Newport & Covington (Street) Railway,—
New Stock and Bonds.—The stockholders vote June 16 on a
proposition to increase the capital stock from $3,000,000 to $4,000,000 and to authorize $1,000,000 second mortgage 5 per
cent coupon gold bonds, to be dated July 1, 1896. due
July 1, 1922, and secured by mortgage to the Farmers’ Loan
& Trust Co. as trustee.—V. 62, p. 821.
Consumers’ Fuel Gas Heat & Fower Co. (New York City).
— New Enterprise.—This company was’incorporated May 15,
with authorized capital stock of $1,000,000, to sell non-illumin­
ating fuel gas. Its incorporators are Douglas R. Satterlee,
H. C. Copeland, W. R. Smith, Milo M. Belding, Robert Webb
Morgan and George P. Johnson, The President is Milo M.
Belding. The company asks permission to lay piprs
through which, to furnish gas for fuel, heat and power. It
agrees to furnish the gas to city buildings for not more than
40 cents for each 1,000 cubic feet and to other consumers for
not more than 50 cents per 1,000 feet. While asking the
right to furnish non illuminating gas, James P. Campbell, the
counsel for the company, admitted at the hearing Monday
that the gas might ultimately be available for illuminating
purposes if enriched properly.
Dry Dock East Broadway & Battery RR .— Quarterly.—
Earnings for quarter and nine months ending March 31 were :

[VOL. LX11.

The purposes for which the $15,000,000 St. Louis Division
bonis m a y be issued are stated in the I n v e s t o r s ’ S u p p l e m e n t
for April, 1896.—V. 63, p. 784, 831.
Illin o is Central RR.—Chesapeake Ohio & Southwestern
RR.—Listing of Two-ten 4 Per Cents Issued on Account o f C.
O. & S. IF .—The Illinois Central has listed on the N ew York
Stock Exchange its two-ten 4 per cent gold bonds of 1904 for
$4,808,000 of authorized issue $12,750,000. The application to
the Exchange says :
R ight to g a ll.—T h e b o n d s a re re d e e m a b le a t p a r a t th e o p tio n o ! t h e
c o m p a n y o n a n y firs t d a y of J u l y o r J a n u a r y a f t e r e ig h t w e e k s ’ p r e ­
v io u s n o tic e b y a d v e r tis e m e n t I d N ew Y o rk O ily . I f a p o r tio n o n ly
is to b e r e d e e m e l, th e tr u s te e s h a ll d e te r m in e b y lo t th e bond3 to b a
re d e e m e d .
Security.—T h e se b o n d s a r e d ir e c t o b lig a tio n s of th e Illin o is C e n tr a l
a n d a r e s e c u re d b y a t r u s t d e e d to th e U n ite d S ta te s T r u s t Co. o f N ew
Y o rk , as tr u s te e , p le d d o g c e r ta in s to c k s , s e c u ritie s , re a l e s ta te , iu te r e s t In re a l e s ta te a n d ite m s o f in d e b te d n e s s of th e C h e s a p e a k e O hio &
S o u th w e s te r n R R . Co. o r aiH iiu te d o o rp o r a 'io n s T h e s e c o lla te r a l
s e c u ritie s o a rry . in a d d itio n to th e c o n tro l of th e C h e s a p e a k e O hio &
S o u th w e s te r n RR. Co. a n d a s e c o n d lie n o n its m a in lin e , th e o o n tro l
o f te r m in a l c o m p a n ie s a n d th e o w n e rs h ip o f la n d s n e c e s s a r y to th e
s u c c e s s fu l o p e r a tio n o f t h a t r a ilw a y . T h e c o lla te r a l s e c u r it ie s a r e a s
f o ll o w s :
Slock an d Indebtedness. P ar value.

C lies. O hio & S o u th ­
w e s te rn R R .—
2 d M. h o o d s of 1 8 8 2 ..$ 2 ,3 6 9 ,0 0 0
D o. o v e rd u e c o u p o n s.
6 7 3 ,9 5 0
E q u ip m ’t t r u s t b o n d s
4 7 0 ,0 0 0
D o. o v e rd u e .c o u p o n s.
1 0 6 ,0 2 0
P r e f e r r e d s to c k ............ 3 ,5 1 1 ,6 0 0
C om m on s to c k ............. 5 ,7 1 4 ,2 0 0
D ue C. P. H u n tin g to n
8 3 ,5 4 4
fo r a d v a n c e s .........
D u e N e w p ’t N.& Miss.
V a lle y Co. ( a b o u t) .. 1 ,7 0 0 ,0 0 0
S h o r t R o u te T r a n s fe r
Co.—
1 s t M. b o n d s of 1 8 8 2 .
3 3 8 ,0 0 0
Do. o v e rd u e c o u p o n s .
8 4 ,8 1 0
S t ck ................
4 0 2 ,3 0 0
D ae N e w p 't N. & M iss.
V a lle y Co. ( a b o u t) ..
9 ,0 0 0

Stock a n d Indebtedness. P a r value.

O w en sb o ro P a lls o f R.
& G. R iv e r R R .—
1 s t M. b o n d s of 1 8 9 2 . $ 5 n l,0 0 0
S to c k ..................
3 1 4 ,4 0 0
D u e N ew .N .& .VI.V.Co.
2 5 ,0 0 0
O hio V a lle y Ry. C o .—
G en . c o n so ls of 1 8 3 8 .
1 8 2 ,0 0 0
D u e N e w o ’t N.& .Miss.
V a lle y C o ....................
6 0 ,0 0 0
D o. do. a o c t. e q u ip ­
m e n t n o te s ..................
4 2 ,7 6 7
P a d u c a h U n io n D e p o t Co. —
1 s t M. b o n d s of 1 8 8 9
5 0 ,0 0 0
S to c k .................
1 5 ,0 0 0
T ro y & T lp to n v ille R R .
D u e N e w p ’t N.& M iss.
V a lle y C o ..................
7 ,0 9 0
R e a l e s ta te a t M em p h is,
E v a n s v ille a n d L o u ­
isv ille .
T h e r e a l e s ta te is o f g r e a t v a lu e , a n d e m b ra c e s th e fo llo w in g t e r ­
m in a l p r o p e r ti e s : I n M em phis, T e n n ., o w n e rs h ip o f 31 p a r c e ls of
la n d . In E v a n s v ille , In d ., o w n e rs h ip of 3 7 p a rc e ls , in t e r e s t in 1 7
p a rc e ls of la n d a n d in te r e s t in a w a re h o u se . I n L o u isv ille , K y .,
o w n e i s h ip of 49 p a rc e ls a n d in t e r e s t i n 46 p a r c e ls of la n d . T h e ti t l e
t o th e s e p ro p e rtie s is v e s te d in th e U n ite d S ta te s T r u s t C o m p a n y o f
N ew Y ork, a s tr u s te e , a n a th e r e a r e n o lie n s o r In c u m b ra n c e s th e re o n .
T h e s e la n d s c o s t a s of J u n e 1, 1893, $ 1 ,6 7 3 ,8 8 2 .
Right to Issue A dditional B ofids.—T he m o rtg a g e , a f t e r r e c itin g t h a t
Gross
yet
Other
Interest, Balance,
3 months —
earnings. earnings, income*
taxes , etc. surplus. th e fir s t 5 ,0 0 0 b o n d s s h a ll b e is s u e d fo r th e p u rp o s e of a c q u irin g th e
$ 3 7 ,3 4 7
$ 4 ,5 1 1
$ 3 2 ,7 3 0
$ 9 ,1 2 8 v a rio u s p ro p e rtie s d e p o site d a s c o lla te r a l, a n d fo r a d d itio n s o r b e t t e r ­
1 8 9 6 ...................... $ 1 7 0 ,1 2 9
1 8 9 5 ...................... 1 6 3 ,6 3 8
3 7 ,0 6 7
2 ,1 2 1
3 2 ,6 9 9
6 ,4 8 9 m e n ts m a d e to th e C h e s a p e a k e O hio & S o u th w e s te r n R R , e tc .,
p ro v id e s t h a t th e b a la n c e o f $ 7 ,7 5 0 ,0 0 0 m a y b e is s u e d f o r th e fo llo w ­
9 months—
1 8 9 5 -9 6 ............... $ 5 5 3 ,7 9 8
$ 1 3 5 ,3 4 1
$ 1 0 ,7 6 5
$ 9 9 ,6 5 8 $ 4 6 ,4 4 8 in g p u rp o s e :
(1) To th e a m o u n t of $ 1 ,5 0 0 ,0 0 0 fo r p u r c h a s e of a d d itio n a l fl"sfc
1 8 9 4 -9 6 ............... 5 2 9 ,1 2 8
1 4 1 ,7 6 1
8 ,1 4 4
9 7 ,6 0 7
5 2 ,2 9 8
m o rtg a g e b o n d s o f th e O w e n sb o ro F a lls of R o u g h & G re e n R iv e r R R .
—V. 62, p. 2 3 2 .
a n d th e S h o rt R o u te R a ilw a y T r a n s f e r Co., a d d itio n a l C h e s a p e a k e
General Electric Ry.—Chicago City Ry.—Injunction Re­ O hio <fc S o u th w e s te r n R R . s e c o n d m o rtg a g e b o n d s, e q u ip m e n t t r u s t
fused.—Judge Dunne in Chicago on Monday refused to enjoin b o n d s, e q u ip m e n t t r u s t n o te s a n d sec o n d m o rtg a g e o v e rd u e c o u p o n s .
the construction’of the General Electric Ry. under the ordin­ A ll of th e fo re g o in g n o te s , b o n d s a n d c o u p o n s so a c q u ire d s h a ll be
p o s ite d w ith th e tr u s te e a s p a r t s e o u r itv fo r th e b o n d s of 1901.
ance reoently passed by the city council. He held the ordin­ d e(2)
To th e i m o u n t o f n o t e x c e e d in g $ 6 ,2 5 0 ,0 0 0 p a r v a lu e , f o r t h e
ance valid. He said the facts presented impressed him with p u r c h a s e of th e tir s t m o rtg a g e b o n d s of th e s a id C h e s a p e a k e O hio <fc
the belief that the real parties in interest and the real parties S o u th w e s te rn . B u t i t is e x p re s s ly a g re e d t h a t no b o n d s s h a ll b e
is s u e d fo r t h e p u rp o s e l a s t m e n tio n e d u n til a n e q u iv a le n t a m o u n t o f
to suffer by the construction of the road were not the people th
m o rtg a g e b o n d s s h a ll h a v e b e e n d e p o s ite d w ith th e m o r t g a g e
of Illinois, but two rival companies, the Chicago City Ry. and tr ue sftire es t. —V.
62 , p. 8 2 1.

the Chicago & Western Indiana RR. in its suburban business.
It is expected the case will be appealed.—V. 62, p. 589.
Gray’s P oin t Terminal Ry.—St. Louis Southwestern Ry.
—New Company,—On May 23, a certificate of incorpora­
tion was issued, to this company, which proposes to bui'd
and operate fifteen miles of standard-gauge railroad frc m
Delta, in Cape Girardeau County, to Gray’s Point, on the
Mississippi River. The company’s authorized capital stock is
$500,000. The directors are Samuel W. Fordyce, Joseph
Dickson, S. II. West and S. C. Johnson of St. Louis and B.
F. Johnson of St. Elmo, 111. Mr. Fordyce is President and
Mr. Johnson General Auditor of the St. Louis Southwestern,
for which company the new line would afford an outlet to
the Mississippi River.—V, 62, p. 591.
Illin o is Central RR.—St. Louis Alton & Terre Haute
RR.—Listing of St. Louis Division Securities.—The Illinois
Central has listed on the New York Stock Exchange the fol­
lowing securities pertaining to its St. Louis division : (1.)
Certificates of deposit for $2,522,400 of the United States
Trust Co., of New York, issued against the deposit of shares
of the capital stock of the St. Louis Alton & Terre Haute RR.
Co. of the par value of $100 each, said certificates entitling
the holders on January 1, 1898, to $75 per share in St. Louis
division 3 per cent gold bonds of the Illinois Central RR,
Co., due July 1, 1951, or to a payment in cash in gold on or
before January 1, 1898, equal to 90 per cent of the par value
of said bonds with accrued interest at 3 per c e n t; (2) certifi­
cates of deposit for $1,183,900 of said trust company of New
/ York, issued against the deposit of shares of the preferred
capital stock of the Belleville & Southern Illinois RR. Co. of
the par value of $100 each, said certificates entitling the hold­
ers Jan. 1, 1898, to $160 per share in St. Louis Division 3 per
cent gold bonds of the Illinois Central, due July 1, 1951, or to
a payment in cash in gold on or before Jan. 1, 1898, equal to
90 per cent of the par value of said bonds with accrued inter­
est at 3 per cent.
The total number of shares of the Sb. Louis Alton & Terre
Haute authorized to be deposited is 34,708 ($3,470,800), and of
the Belleville & Southern Illinois 12,750, or $1,275,000. These
certificates of deposit are issued by the Trust Company under
a deposit agreement dated April 8th, 1898, and described in
the C h r o n i c l e of April 11, 1896, page 684 ; see also page 636.

Earnings.—For the calendar year 1895 the receivers report:
Freight
earnings,
$ 1 ,8 7 1 ,4 4 6

Passenger E xpress ,
earnings. m a il , etc.

Total
gross.

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

Operating
expenses,

Net
earnings.

$ 1 ,6 4 4 ,8 4 6

$ 3 0 4 ,9 2 6

The receivers further report that in estimating the net
earnings they have not deducted the amounts expended in
additions and improvements, taxes and rents, and have also
omitted certain other miscellaneous items. " V . 62, p. 821, 868.
Joint Traffic Association, —Dismissal of the Government's
Bill o f Complaint.—Judge Hoyt H. Wheeler, in the United
States Circuit Court for the Southern District of New York,
Thursday dismissed the bill of complaint brought by the
United States Government in the suit in equity against the
Joint Traffic Association. The decision cites extracts from
the Joint Traffic contract, from the Inter-State Commerce
Act and from the so-called “ anti-trust” or “ restraint and
monopoly” act, which forbids contracts in constraint of trade
or commerce among the several States. It then says in
substance :
T h e r e s t r a i n t a n d m o n o p o ly a c t e x p re s s ly a u th o riz e s a p ro c e e d in g in
e q u ity s u c h a s th is , a n d th is s u it is w e ll m a in ta iu e d if th is c o n tr a c t is
w ith in it. T h e c o n tr a c t, h o w e v e r, does n o t p ro v id e fo r le s s e n in g th e
n u m b e r o f c a r r ie r s n o r th e ir fa c ilitie s , n o r f o r r a is in g th e ir r a te s , e x ­
c e p t e x p re s s ly b y its te r m s n o t c o n tr a r y to la w , a n d th e re fo re n o t b e y o n d
w h a t a r e re a s o n a b le . T h e s o lic itin g o f c u s to m is no p a r t of th e d u ty
o f c o m m o n c a r rie rs , a n d d is p e n s in g w ith s o lic itin g a g e n ts o r w iih th e
c o n tr o l of th e m c a n n o t b e ille g a l, n o r a n a g r e e m e n t to do so b e a n
ille g a l c o n tr a c t. As th e c a se r e s ts w h o lly u p o n th e c o n tr a c t a s m a d e ,
a n d n o t u p o n a n y th in g a c t u a lly d o n e u n d e r c o lo r o f o r b e y o n d it, a n d
e a c h ro a d is le f t by i t to c a r r y o n its bu> in ess w ith in la w f u l lim its as
b e fo re , n o u n la w fu l r e s t r a i n t o f c o m m e rc e s e e m s to b e p r o v id e d
fo r b y i t a n d n o g ro u n d f o r re lie f u n d e r t h a t s t a t u t e of 1890 is m a d e
o u t. No p ro v is io n is m a d e b y th e I n te r - S ta te C o m m e rc e la w fo r
e n fo rc in g its p ro v is io n s in e q u ity e x c e p t to c a r r y o u t th e o r d e r s of th e
C o m m issio n , a n d a u th o r ity f o r th is s u it m u s t a p p e a r o th e rw is e o r fa il.
T h a t g o v e rn m e n ts m a y m a in ta in s u it iu e q u ity to r e s tr a in a c tu a l
n u is a n c e s w h ic h a re in ju r io u s to th e c o m m o n r ig h t s o f a ll. is n o t to be
q u e stio n e d . T h is c o n tr a c t, h o w e v e r, if ille g a l, is in ta n g ib le , a n d is n o t
a lle g e d o r c la im e d to h a v e o b s tr u c te d th e ro a d s f o r g o v e r n m e n t p u r ­
p o ses in a n y m a n n e r w h a te v e r.
A u th o rity is g iv e n to th e I n te r- S ta te C o m m e rc e C o m m issio n to h a v e
p ro c e e d in g s fo r th e e n fo rc e m e n t o f t h e la w p ro s e c u te d , b u t t h a t is
u n d e rs to o d to r e f e r to th e u s u a l a n d a p p r o p r ia te p rc e e d in g s in s u c h
c a s e s, a n d see m s n o t to a u th o riz e a n y t h a t a re u n k n o w n th e re . T h e
r i g h t g iv e n h e r e is to p ro s e c u te , b u t n o t to p ro v id e re m e d ie s.
P r o v is io n fo r re a s o n a b le a lth o u g h e q u a l o r p ro p o r tio n a l r a te s f o r
e a c h e a r lie r ; o r fo r a ju s t a n d p ro p o r tio n a l r a t e fo r e a c h c a r r ie r ; o r
fo r a ju s t a n d p ro p o r tio n a l d iv is io n of tra fiio a m o n g c a r r ie r s , d oes n o t

TJULJii OH^OMCLE.

May 80, 1896.]

989

that the three companies above named will within a short
time be consolidated under one maaageni3nt. making a
system emoracing about 120 miles oE track. If the Pitts­
burg & Birmingham Traction should be incluled in the deal
i t is u n d ersto o d th a t U r. Waleh am t Th n u as D olan, of th a E taoT io the system would aggregate towards 149 miles.—V. 63. p. 41,
T ru s t, will be iua»ie m em bers of th e b u r n t of d irecto rs of th e H e a t 415.
L ig h t* . Pow er Com pany, a t least pending th a carry in g o u t of lira
Title (xU uMiites & Trust .— I n c r e a s e o f S to o ls .— Stock­
details of the tra n s fe r of th a p ro p erty . By th is tra n sa c tio n the P anusv tv a a ia H eat L ig h t A P ow er Co., w hich b ut re c e n tly purohasud th a holders vote Jane 18 sn a proposition to increase the capital
stock of th e Edison E lectric Light C om pany of th is city, beeom -s th e stock from §2,000.000 to $2,590,000. It is prop used to sell the
la rg e st electric lig h tlu g coroo.-ation In th e U nited S tates, doing both
in can d escen t and a rc lig h tin g . The Edison, o r incan d escen t system , new stock to the Mir.u il Life Iasuranca Company at $325 per
alread y covers a d istrict from th e D elaw are R iver to T w entieth S tre et share of a par value of $100 each,
an d from Arch to W alnut S tre et, w ith sh o rt e x te a s io a sn o rth an 1south.
T he E dison fran ch ise covers a dWtrioi bounded by CallowhiU a u d L om ­
Toledo Traction.—Toledo Electrie Street Ry.—C o n s o li­
b ard street* am i by the two rivers. T he p ro p erty is a v alu ab le one an d d a t i o n . —An agreement has been made between these com­
h a s paid 9 p e r cen t d iv id ends on 5 2 ,0 0 0 ,0 0 0 cap ital sto.-lt.
T he arc .ighiuig system s ju st purchased from the E lectric T ru s t eover panies which may result in consolidation. The Toledo Elec­
a d istric t from South S tre et t« M ontgom ery A venue an d betw een th e tric Street R til wav was recently purchased by Blair & Co.
tw o riv ers. T he d iv idends p a id on th e par value of did e n tire stock, —V. 60, p. 886 ; V. 63, p. 828.
p refe rred au d com m on, h ave tveraged a b o u t 3 p er cent.
T he in te r e s t of th e E lecitlo T rust in th e N orth ern E le ctric L ight *
Uaion Pacific RR. —Chicago Rock Islaul & Pacific R S,
P o w er Com pany and th e P en n E lectric Com pany is also tra n sfe rre d by
tills d eal to th e P en n sy lv an ia H eat L ight * Pow er Com pany. T his —Chicago Miliva ik‘ie & St. Paul Ry.—D e c is io n a s to
com pany also ow ns th e Colum bia E le c tric Light Com pany, w hich does O m a h a B r i d g e . —At Washington on Monday Cuiaf Justice
In can d escen t lig h tin g by th e a lte rn a tin g c u rre n t system on O olum hu Fuller handsd down the opinion of the Soprani 5 C jure in the
A venue an d a d laoent streets. —V .02, p. 870.
case involving the cintracls between the two last-named
People’s Tracti on—( X. Y. City),—D - c i f t o n m to F r a n c h is e companies ana the Uaion Pacific as to their right to u » the
—The Appellate Division of the Supreme Court on May 32 tracks of the Union Pacific bridge at Omaha, contracts
affirmed the decision of Justice Brekmao of the lower court which the Union Pacific sought to have invalidated on the
ia the case of the S luthero Boulevard RR. Cj . (Union Ry. ground that they were made by the officials of a branch
S.'-stem) against the Peopl-’s Traction Go. and tda North Niw line. The opinion holds that the contracts were duly author­
York Cuv Traction G o . regarding the sale of franchises in the ized by tha union Pacific and that they are such contracts
23.1 and 24th ward*. The Southern B mlevardjRR. Co.’s con­ as a court of equity can specifically enforce, thus affi -tiling
tention waa that the bid of the North New York City Traction the decree of the Circuit Court of Appeals for the Eighth
G o. o f 97 Y' per cent and upward and the bid of the People’s Circuit, the decision bring against the Union Pacific, Justice
Traction Co. of 6975 1-16 per cent were illegal, and th itits Stiiras dissented —V. 01, p. 791; V. 63, p. 592, 910,
own bid was the highest legitimate bid made. Justice [leekStates Cordage —Stand ird Rope & Twine Co.—
man dismissed the complaint on the ground that the S mtherri F inUnited
a l D ec re e s. —The final decrees have been obtained in the
-Boulevard Company’s bid had no standing in court. It could foreclosure
suite, and the sales of the properties, which'are
not be said that it was the highest legit in ite bid.—V . 03, p. -599. situated in seven
different States, will now be proceeded with.
Philadelphia & Reading.— D t t e o f F o r e c lo s u r e S a l e ,—The Tbit, it is thought, cm be accomplished in the course of the
next sixty days. The Reorganization Com uittxs of the
foreclosure sale has been set for Sept. 33,
E a r n in g * . —The result* of operations for April and the first United Scat -s Cordage Co. hope to be able to turn over the
property to tha new company, the Standard R >p> & Twine
fit e months of the fiscal year were:
•—Dee. 1 in S p rit 30.— Co., so that its new securities under the reorganization plan
1895.
189«.
189 MM.
1394-95. may be issued some tim ; during August.—V. 03, p. 871.
8
S u t M n i C oat-ax v 4
$
*
Walker Comp my. — E le c tr ic M a n u f a c t u r i n g C o m p a n y
,l,5
»
l,5
0
8
1,04
»,010
8.058,12*
7,906.0
iO
fIrm a receipt*---------. . . . . .
903,307 4,673,540 4,813,903 The daily piper* hive contained numerous aliudons daring
O p e ra tin g expeii.'-} ....... .
the week to this o wnpaay as a possible competitor of the
743,803 3,33 1.579 3,250,737
O n *rating profit. ........ m u m
41,748
N*t from o th er nooreea .. . 48,984
254,447
354,230 General Electric. Regarding this, the N u o f j r & T l m i s says :
present arrangements, the stock of the Electric Trust will be
placed in the hands of a trustee, to be turned over to the
Pennsylvania Company, it is said, when 50 per cent of the
purchase price is paid. The Pniladelphia L e d g e r says:

Tot*L . . . . . . . . . . . . . . . . . . 740.72J

787,411 3,039,026 3,511.017

Equipm&ut payni*YQtA,...., 83.0 OS
tO.OJO
T erm in al tr a c k a g e ............
Im p ro v em en ts, *fee.. . . . . . .
IW W
.
033,030
Proport* n y ear's charge**

915.535
405,070
89,274
2->0,000
37,8'32
19 1,160
6,569
56,309
72.550
091,274 3,475,000 3,471,372

807,949 4,878,954 4,133,752
TotsiU .. . . . . . . . . . . . . . . . . . 829,438
88,775
20.538 1,039,928
B alaam # ♦ieflujife... . . . . . . . .
627,735
Co a l ah » to o n C iv.—
1,403.963 1,173,155 8,561,861 8,778,395
Ota**
O p e re tta * *rf*«n**M. .. . . . 1.588.043 1,804,662 8,724,050 8,950,454
72,84.5
-OailtHF? Itmjro?e«p>iit4 .
37.156
358.459
19 l, 458
1,763
2 ,2 18
11,058
18,322
Ora** expen***......... . . . . ,1,802,6.57 1,844,230 9,093.574 9,163.732
Jsrm from- m in in g .. . . . . . . . . , 198,394
511,713
17 J ,0 8 1
3 85.347
P co p o rt'n jro .t'e ch arg es. . 69,000
108,030
474,000
5 3 0 ,0 JO
10m.
, 293,6^4
P Sc f t 4SD C« Sc OOx—- ■
88,775
I,>m* o f Kitil? **ti t Oft. . . . . . .
h & m o f 0. St t . O o.*.— . . . . 293,894
B eficit hatli ecmapt)ioJ64

277,081

980,713

915,347

20,538
277,091

1,039,918
990,713

027,735
015,347

297,819

2,036,641

1,343,082

*‘Th>- com pany ra fe rra d to Is a a o H I-established concern, r e c e n tly
roorc ittbo- !. fo rm e rly It w as chiefly fine i end in a b ro a d a n d o a b le
co nstruction w ork, n u t 1» u >w tu rn in g Its a tte n tio n to g e n e ra l eleutricul business. Ex-Gov. Flow er, one ot tha d irecto rs o£ t i n co m p an y ,
is v s th a t there is no in ten tio n to tig h t e ith e r tho G en eral E leotrlo o r
Weatingtaouna Com panies."

West End Htreet It y . — B o n d s S o l i .—This cotnoany has
sol i to Lie, Higginsoo & Co. a block of 30-year 4 per cent
debentures, part of the issue authoriz >d by the Massachusetts
State Commissioners in January last, of which $725,000
to be used to retire real estate mortgage notes and $1,550,000
for refun ling- The amount sold for immtdiata delivery is
$505,000, while $310,000 additional are to ba delivered only
when the company has authority to put them out, later in
the year.—V. 63, p. 455.
West Jersey & Seashore RT —B o n i s O a ile l f o r P a y m e n t .
—Notice is given that tho following bonds have been called
for payment and will ba redeemed July 1: Pleasantville &
Ocean City RR., $80,000 first mortgage 6s of 1880; Philadel­
phia Marlton & Med,, $100,000 first 5s of 1891.—V. 63, p. 871.

—V 63, p. 950.
—The United States Cheque Bank, capitalized at £150,000,
has absorbed the business ot the Cheque Bank of Loudon in
Pittsburg & Birmingham Traction, Plttsbarg, Pa.— this
country. The General Manager is Mr. F. W. Perry, who
Litigation. — This comp my has brought suit agaiast its former has represented the bank in New York for the past two years,
directors for the recovery of interest p tii to date on 8o it),0JO the
board
of directors being composed of the Right Hon, Sir
hand* and a r- ul estate mortgage of $31,000 of the Birming­ Edward Thornton,
former British Minister at Washington,
ham Knot vilie & Allentown Traction Oo„ which were guar­ etiairman ; the Right
Hon. Lord D •Lisle & Dudley, Walter
anteed by the Pittsburg & Birmingham Traction Co. at a Earle, Esq., H, S, Coulson.
and Fred’k W. Perry. It will
tune when the defendants were directors of both comoanias. continue the sale of ChequeEsq.,
Bank cheques, aud enter other
It is alleged the defend tats acted fraudulently in securing the branches of business in due tinu.
The offices are at 40 Wail
guaranty and in i-m ag tha K loxville company's capital Street.
stock.—V. 61, p. 292.
—Parties having interests on the Pacific Coast arc referred
Sea’tie Power Co.—Alvc M o r tg a g e .—The Soattla Power to the card of Messrs, Ladd & Tilton, Portland, Oregon,
Co. of Washington has mortgaged ail its property to the which appears on the first page of this issue of the Chronicle,
Knickerbocker fruit Co. of New York, as trustee, to secure The firm is an old and reliable one.
the issue of $3,000,000 of 6 per o n t gold bonds of $1,000 each,
—Messrs. E. D , Shepard & Co. offer for sale $130,000 Atlantic
payable November l, 1925, interest May and Novembar,
bonds redcirnbin at 105 and interest. The bond issue is male City , NT. J., 1*4 per cent gold bonds. Particulars can be had
to provide for the company’s corporate purposes arid to pro­ ou application at their office, 3 Broad Street.
vide for the payment of debts incurred and to be incurred.
—Messrs. Winslow, Lanier & Co. will pay dividends on a
The mortgage covers water rights, right of way and pipe number o f securities, a list of which will be found in another
lines from Swan Like to Rauton, Seattle and Taco on.
column,
—Messrs, Reed & Flagg. 11 Pine Street, New Yorb, adver­
Second Avenue Traction —Pittsburg Alleghany & Hnai Hester Traction—Federal S n e t k Pleasant Valley Ry.— tise a list of bonds, to which the attention of investors is
R e p o r t* o f P e n d i n g C o n s o t i d a t k m .—According to the P i t t s - directed,
b u r g D U p a tc h , control of the Federal Sireet & Pleasant Val­
—Messrs, Heidelbadh, Icbelheimer & C o. hive removed
ley Sirnet Ry. h is been purchased by the Etstern ayndicnte their
offices to 37 William Street, corner Exchange Place.
that is behind the 8«cona Avenue Traction at a price stated to
—The State Trust Company baa removed its offices from 86
be $35 per share, Negotiation* for the purchase of other lines
are said to be pending, and in Pittsburg it is thought probable Waft Street to No. 100 Broadway.

THE CHRONICLE.

[VOL, LX 11.

stock of this company have been obtained along the line of
the road. The President, F. B. Merrill, is now in London in
United States District Attorney Maefarlane said after hear­ the interest of the company. The road is projected from
ing the news of the decision that it was only a preliminary Mobile to Jackson, Miss.—V. 62, p. 457.
step : there were other points of law involved, and the case
Mnscogee Oklahoma & Western RR .—Projected Road.—
would undoubtedly have an early hearing before the Supreme
This company proposes to build a line from Fayetteville in
Court at its next session.—V. 62, p 869.
the western part of Arkansas to Enid, Oklahoma, a distance
Kansas Cil.v & Northern Connecting R y.—New Railroad of about 200 miles. The road will cross the Arkansas River
System -President A. E. Stillwell, of this company, and the at Fort Gibson over a steel bridge 1,200 feet long
A bill for
Kansas City Pittsburg & Gulf road, in whose interest the new right of way pending in Congress has been favorably reported
road is projected, has just returned to Kansas City from Eu­ by the Committee on Indian Affairs.
rope and Biates that he has arranged for financing the pro­
ject. The construction of the line will be pushed as soon as
Nashville Traction.—N ashville & Suburbia Ry.—Reor­
contracts can be let. The road is a scheme for amalgamating ganization. —A reorganization of the Nashville Traction Co
the Quincy Omaha & Kansas City, the Omaha & St. Louis, has been effected under the name of the Nashville & Subur­
the Keokuk & Western, the Des Moines & Kansas City and ban Ry. Co., with capital stock of $100,000. No bonds have
the Kansas City & Northern Connecting into one system. been issued. William Checklev Shaw is the President, S.
The latter road is to be built from Pattonsburg to Kansas Harvey Bennett is Secretary and Treasurer.—V. 62, p. 502.
City, seventy five miles. Thus a new system is provided
New York & Harlem RR.—Metropolitan Traction Co.—
reaching directly from Kansas City to Omaha, Des Moines
and Quincy. The ioint promoters and owners of the new Lease.—Although the papers have not yet heen signed, it is
company are the Missouri, Kansas & Texas Trust Company, practically settled that the New York & Harlem RR Co.’s
of Kansas City ; the Drexels, of Philadelphia ; Gilman, Son & Fourth and Madison avenue horse car line will pass into the
Co., of New York, and European capitalists. See Omaha & permanent control of the Metropolitan Traction Company.
The last-named corporation leases the horse car lines for
St. Louis item in V. 62, p. 822.
ninety-nine years, the terms being a guarantee of 4 per cent
Lake Shore & Michigan Southern Ry.— Quarterly,— Earn­ dividends per annum, It is probable that the ipssse company
ings for the quarter ending March 31 were :
will take possession before July 1.— New York Times, May 21.
Grass
Net
Other
Interest,
Balance, —V. 62, p. 949.
3 months—
earnings. earnings, income.
taxes, etc. surplus.
seem to b e e ith e r a p o o lin g o f t h e ir tra ffic , o r fr e ig h ts , o r a d iv is io n o f
th e n e t e a r n in g s in a n y s e n s e .

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

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

Lancaster (Pa.) Street Rys .—Interest Payments— Regard­
ing the reported defaults, we learn that interest on the Lan­
caster & Columbia bonds due April 1 was not paid promptly,
but when legal proceedings were threatened by the bondholders
the payment was made. The coupons of the Lancaster City
Street Ry. due April 1 and of the West End Ry. due May 1
were paid promptly. The Pennsylvania Traction Co.’s cou­
pons due Jan. 1, 1896, were not paid, but it is understood a
majority of the bondholders granted an extension. There
have been rumors of a pending readjustment of the Traction
Company’s debt, but nothing official is obtainable touching
the matter.—V. 62, p. 279.
Louisville R y.—Bonds Sold.—The company has s rid $100,000 5 per cent bonds of J890 to take up bonds maturing July
1, of which $88,000 have already been re.ired,—Y. 62, p. 411.
Metropolitan Street Ry. (N. Y. City ).— Quarterly.—This
company operates the lines of the Metropolitan Traction Co
Earnings for the quarter and the nine months ending March 31
have been reported as follows :
Gross

Net

Other

Interest,

Balance,

3 months — earnings,
earnings
income.
taxes, etc. surplus.
1 8 9 6 ................ $ 1 ,3 7 9 ,5 7 1
$ 7 7 3 ,5 9 3 $ 6 ’, 1 1 0
$ 6 5 7 ,3 6 3 $ 1 8 0 ,8 4 0
1 8 9 5 ................... 1 ,2 3 9 ,7 4 0
4 3 7 ,4 1 4
7 6 ,3 0 6
5 0 3 ,4 0 3
6 0 ,3 1 7
9 months—
1 8 9 5 -9 6 .............$ 5 ,2 5 0 ,1 1 7 $ 2 ,4 2 2 ,7 7 1 $ 1 4 7 ,8 5 3 $ 1 ,7 6 3 ,3 0 1 $ 8 0 6 ,8 2 3
1 8 9 4 -9 5 ............ 4 ,0 2 6 ,6 2 9
1 ,6 4 2 ,0 5 8
1 7 4 ,518
1 ,4 6 6 ,4 4 9 3 5 0 ,1 2 7
- V . 62, p. 548.

Metropolitan RR,, B altim ore.—Yew Company.—This
company, with authorized capital|stock of $2,000,000, nas been
organized with the following incorporators: E. Southard
Parker, of Washington, D. C., President of the Columbia
National Bank; A. C. Stevens and J. S. Lawrence, of Wash­
ington; Charles P. Janney, of Leesburg, Va.; A. S. Bigelow,
of Rochester, N. Y.; John T. Collins, of New York, and J.
Kemp Bartlett, Jr., Henry B. Wilcox, James B. Chastain, and
Albert W. Reed, of Baltimore. The new company desires to
obtain franchises to build an extensive cross-town street rail­
way gystem connecting the three parks, which is to be operated
with underground trolley. The company offers to lay grooved
rails flush with the pavement, and to sell six tickets for a
quarter, with free transfers.
Mexican Central Ry.—Bonds for $800,000 Listed.—On its
l,870-33 miles of road, the company is entitled to issue con­
solidated mortgage bonds at $32,000 per mile, or $59,850,000, of
which there have heretofore been listed on the New York Stock
Exchange $57,865,000. This week were listed an additional
$800,000, issued for new rolling stock, buildings, waterservice,
telegraph lines and the general improvement of the property,
making the total amount listed $58,665,000. A further $800,000 bonds for exchanges under the company’s circular of
January 30, 1889, will be added to the list on official notice
that the bonds have been delivered. See statement in last
<V,week’s C h r o n i c l e , — V. 62, p, 949.
Mexican National Ry.— Financial Readjustment Plan.—
The plan put for h by the Mexican National A and B second
mortgage bondholders, and which was published in our issue
of April 4, it is understood, is making progress as regards
assents on the part of the A and B bonds to convert their
holdings into the preferred and common stock of a new com­
pany. This new company, the Mexican National RR. Co.,
Limited, will later ask the co-operation of the Mexican Na­
tional in retiring the prior lien 6s at par, as provided by the
mortgage, the funds for the purpose to be secured from
the proceeds from the sale of a new security carrying a lower
rate of interest than the present prior lien 6 s —Y. 62, p, 726.
Mobile Jackson & Kansas City Ry.—Local Subscriptions
to Stock.—Local subscriptions to the amount of $259,000 of the

Northern Pacific RR .—Deposits of Firsts.—-The reorgani­
zation managers state that over $ 2 1,000,000 of the general
first mortgage bonds have been deposited for conversion into
the new prior lien fours. The committee now has a major­
ity of these bonds, and it is given out that a reduction will be
made in the terms on which further deposits will be received.
Date of Foreclosure Sale.— The sale of the Northern Pacific
Railroad will take place at West Superior, Wis., July 25.
From that point Master Cary will proceed along the line to
sell the lands in each State.
Spokane & Palouse Settlement.—A settlement, it is under­
stood, has been agreed upon with the S p ik i .e & Palousbondholders on the basis of 52% per cent cash, 52% oer cen
in general 3s and 25 per cent in preferred stock.—Y. 62, p. 95
Oregon Im provem ent — Reorganization Plan.—The Reor­
ganization Committee, consisting of John I. Waterbury, T.
Jefferson Coolidge, Jr., E. Rollins Morse, Edwin S. Hooley
and Jules S. Bache has prepared a plan of reorganization,
copies of which may be obtained at the Manhattan Trust Co.
New York, or the Old Colony Trust Co., Boston.
New Securities.—The plan provides for the issue of the fol­
lowing new securities:
1. F irs t m ortgage 5 p e r c e n t 50-year gold bonds, b ea rin g
in te re s t from J u n e I, 1396 . ..................... .............................$ 5 ,0 0 0 ,0 0 0
Of w hich to re tire p re se n t 1 st M. 6 s . . . . ............................
4,478,100
R eserved to be issued a t n o t exceeding $100,000 per a n ­
num , an d o n ly tor tn e p u ro b a se of new steam ships and o th er
needed p roperty, whioh is to be added to tb e seourity for
suoh b o n d s............................ ............................................................
521 ,goo
2. F o u r p er cen t non-cum ulative p refe rred s t o c k .................. 5,OOO.uOO
3. Common sto o k .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 ,0 .0 ,0 0 0

Exchange of Securities.—Old securities on payment

of

assessment will receive:
.--------------- A n d receives.----- - ——Old securities—
P ays Asses. Cash. 1st tf.5s. Pr. stock. Com. stock.
lB t M. $ 1 ,0 0 0 bonds
None.
tti30
110%
.........
.........
Consol. M. b o n d s ...
12*s%
6 2 ..%
75%
P ret. s t o c k .............
12*s%
62>s%
75%
Common stock .......
10%
10%
50%
t Coupon due Ju n e 1 ,1 8 9 6 .

The assessments on the consols and preferred stock are
payable in five, and on the common stock in four, equal
instalments.
Deposits of Bonds —First mortgage bonds, consolidated
mortgage bonds, preferred and common stock, should be
deposited, or if already deposited uuder the preliminary
agreement of Oct. 8, 1895, the certificates representing the
same should be exchanged for reorganization receipts at one
of the trust companies on or before July 1, 1896.
Plan Approved.—The plan has been accepted by the holders
of a large amount of all classes of bonds and stock. It is
approved by President Rolston, of the Farmers’ Loan & Trust
Company, the trustee of both mortgages, and by Mr. F. P.
Olcott, chairman of the first mortgage bondholders’ protec­
tive committee.
Purchase o f Coupons.—The coupons due June 1 on the first
mortgage bonds deposited under the plan will be purchased
by the reorganization committee.—V. 63, p. 365.
Pennsylvania IIsat Light & Power.—Purchase of Electric
Trust Ratified.—On Monday was duly ratified the agreement
bv which this company will purchase the capital stock of the
Electric Trust at $130 per share for the Dreferred and $40 per
share for the common. The Electric Trust has outstanding
5,000 shares of preferred and 31,440 shares of common. The
transaction, therefore, calls for the payment of $1,907,600, of
which it is understood 25 per cent will be paid in cash June
15 and the rest in a 5 per cent obligation maturing in three in­
stalments, the last instalment due early in 1897. A call for
$20 a share will be made on the preferred stock of the Penn­
sylvania Company, payable.it is understood, in four quarterly
instalments, beginning June 15. On this date, according to

THE CHRONICLE.

M a y 30, 1896,]

C o m m e rc ia l
- -^

--

-__- - - ^

3 * tm e s,

- ______ ____________________

COMMERCIAL

T h e Mo v e m e n t

E PITO M E.

Receipts at—

D A U .T CI.O SIX Q PR IC K S O F LAUD F U T U R E S .

U nn, Tuet.

Wed,

lA u r.

op

C O T T O N .
F riday N ight , May 29, 1896.
t h e C r o p , as indicated by our telegrams

from the South to-night, is given below. For the week ending
this evening the total receipts have reached 17,890 bales,
against 22,078 bales last week and 34,871 bales the previous
week, making the total receipts since the 1st of Sept., 1895,
5,127,619 bales, against 7,781,402 bale3 for the same period of
1894-5, showing a decrease since Sept. 1,1895, of 3,653,783 bales.

FniD.ir Night, May 2 9 , 1898,
The unsettled feeling in financial circles over the outcome
of the political canvass has continued and latterly mercantile
affairs have also been affected to a considerable extent, com­
plaint having been general of dulness of trade. The con­
tinued export demand for gold has also been a disturbing
feature. Oar diplomatic relations with Spain have become
more amicable. The Supreme Court of the United States has
decided that the payment of the sugar bouaty is Constitutional.
A decision favorable to the Joint Traffic Association has also
been handed down. Great damage has been reported at the
West both to life and property by a cyclone at St. Louis, the
moat severe experienced in years. The speculative deal­
ings in the grain and cotton markets have been moderately
active but prices have tended downward under favorable crop
prospects.
For lard on the spot there has continued a very slow mar­
ket, demand from shippers having been fl it, and as offerings
have been fairly liberal prices have further declined and the
elose was easy at
45 i. for prime Western, 4 05c. for
prime City and 4 80c. for refined for the Continent. There
has been no trading in the local market for lard futures and
nominal prices have followed the West, where there has
been a further decline under continued large recaipts of
swine, and the close was easy.
Sat.

99i

by,.

Sat.

M on.

FH .

Tues.

Wed.

G a lv e sto n .........
T ex. City, &e.
N ew O rle a n s ...
M o b ile ...............

82
......
1,047

98
......
916
12

58
......
3,906
5

84
......
748
4

174
....... .
423
86

45
13
950
4

541
13
7,990
111

S av an n ah ..........
B ruusw ’k, &o.
C h a rle s to n .......
P t. Royal, &o.
W ilm ington___

538

688
......
31
......
3

351
......
260
.....
34

1,383

66
......
19

297
......
22
......
69

231
24
423
......
39

3,488
24
897
......
166

N orfolk..............

306

277

409

852
52

332
50

298

N’p o r t N., &c.

......

B o s to n ...............
B a ltim o re .........
P hlladelpli’a.&o

.........
230
75
......
......

255
......

234
......
54

296
......

177
31

200
213
103

2,474
102
216
230
1,237
213
188

T ot’ls th is w eek

2,363

1,946

5,388

2,681

2,753

2,759

17,890

Thurs.

95
......
2

216

Total.

May........ .................O. 4 60 455 4 40 145
4 504-40The following shows the week's total receipts, the total since
Pork has been in increased .demand and prices have held Sept. 1, 1895, and the stock to-night, compared with list year.
steady, closing at $9 2d#$8 73 for old mess and $9®|9 25 for
1895-96.
1894-95.
Stock.
Receipts to
new do.,
50 for family and10 73 for short clear.
This Since Sep. This Since Sep.
M ay 29.
Cut meats have had only a limited sale and prices have weak­
1895.
1896.
Week. 1, 1895.
Week. 1, 1894.
ened slightly, closing at 41;,@43aC, for pickled bellies, 4*_,@
4J^c. for pickled shoulders and yt»(S9}-j'c. for pickled hams. G a lv e s to n ...
19,385
511 021,016
1,130 1,619,095
16,405
Beef has been in fair demand for export but at lower prices, T ex. C.,<fce.
13 112,262
341
73,128
closing steady at §fi 5Q@S? 00 for extra mess, $7
00 for New O rleans 7,990 1,718,691 10,076 2,556,664 112,267 165,614
packet, 88 5G@$tO 00 for family andfl0@fl3 for extra India M o b ile..........
10,07*
111 195,315
363 235,989
8,188
mean. Beef hams have been steady, closing at 8lfl@$L3 30. F l o r i d a ......
32,583
25,373
Tallow has been moderately active and steady, closing with S a v a n n a h ... 3,483 714,308 1,759 929,743 17,180 22,634
sales at 8V£c. Qieo stearins has been easier, closing quiet at B r’wlok, Ac
563 151,734
1,768
21 115,073
1,672
4J^@4 3-lffc. Lard atearine has been quiet at S^c. Cotton­ C h a rle s to n ..
28,666
277,830
958 426,157
15,713
seed oil has been depressed, closing dull at 20c. for prime F . Royal, &e __.897
..
„„„
75,126
5,743 157,206
crude and 24c. for prime yellow. Butter has been quiet but W ilm ington.
11,841
6 234,227
166 167,170
6,110
ateady, closing at 7@15>{c, for creamery. Cheese has de­ Wash'n,&o.
767
.
.rnmmmm
928
clined and the close was easy at 4 -t 7‘q'c. for State factory,full N o rfo lk ____ 2,474 333,404
917 406,421
12,016
20,837
cream. Fresh eggs have been fairly active and firm, closing W est P o in t..
102 113,566
217 285,300
069
947
at 12a. for choice Western.
21,381
41,721
■150
N’p 'tN .,& e
216
238
Coffee o f Brazil growth has sold very slowly and prices New
51 137,016 121,747 221,770
Y o rk ...
53.038
230
have declined sharply under low offers from primal markets, B oston...........
122,760
12,000
1,727 152,215
7,300
closing easy at 13!^c. for Rio No. 7. Mild grades have b en B a ltim o re ... 1,237
47,741
15,717
11,011
213
643 116,507
in fair request for desirable grades, which have held steady
189
42,032
958 141,318
7,075
9,985
at 17c. for good Cueuta. Standard Java was quoted at 24(9- PhlladaL.iko.
25c. There b n been a moderate amount of activity to the T o ta ls ....... 17.890 5.127,610 29,020 i7,781.402 350,326 532,342
speculative dealings in the market for contracts, and prices
In order that comparison may be made with other years, we
have declined sharply under free offerings, prompted by the
receipt of low "firm offers" from Rio. To-day the market give below the totals at leading ports for six seasons,_______
was steadier on buying by “'shorts" to cover contracts.
Receipt* a t— 1896.
1894.
1893.
1892.
1891.
1895.
The following ware the final asking prices:
G alvea’n «feej
1,573
2,815
2,475
5 5 1!
1,771
3,999
Jane.............11-850. 1 8 « p t ...............lO-OOo. I Deo ...............10-20c. New O rleans' 7,990 10,076
3,163
9.621
12,214
7,347
.......................

- ■>. t .................. ItvitAe, J :,n ..................... In -lS

i

A i , ' .....................I 0 “9 0 e , 1 N ov....................... 10-3OV, 1 F«t>.......................lO -lO o, [ M o b ile.........

in

363

228

857

880

944

4,759
2,582
1,973
5,937
6,191
3,488
Raw sugars have further declined in response to weaker | S avannah..-.
100
6,701
768
942
897
1,713
European advices, where liquidation by speculative holders Ohan’to n , * c
166
179
249
1,284
6
472
continue#, closing at 8 % c . f o r centrifugal 96-deg. test and Wllm’to n ,,te
2,520
2,263
2,629
2,474
947
4,251
3% c . for muscovado 89-deg. teat. Refined tmgira have been N o rfo lk .......
313
455
547
1,690
3,415
advanced lg i. Btttbmfuess has teen flit. Granulated quoted W. P oint, 4tc.
2,815
3,144
3,942
2,121
4,484
1,892:
4,788
at 3b,'c. Teas have been quiet but steady. Other staple gro­ All o th e r s ...
ceries have been unchanged,
34,414
T o t this wk.
17,890; 29,020
12,208
25,580
30,996
Kentucky tobacco haa sold slowly, but for desirable grades
there has teen a firm market, S?**d leaf tobacco has been in Since Sept. 1 5127,619.7781,402:5821,272 4905,106 6957,186 6783,913
moderately active demand at steady prices. The sales for tbe
The exports for the week ending this evening reach a total
week were 1,7*5 cases, as follows: 5IK) cases 1832 crop, Penn­
33,679 bales, of which 18,723 were to Great Britain, 843
sylvania seed leaf, 10# V">%o : 100 cases 1892 and 1898 crop, of
France and 15,114 to the rest of the Continent. Below are
Pennsylvania Havana, ll$t2l£o ; 350 cases 1834 crop, New to
England Havana, 9016c.; 100 css s 1893 crop. Z miners, 11@ the exports for the week and since September 1, 1895,______
Week Ending Hay 29, l8t». From Sept 1, 1895, to May 29,1896.
13c.; 300 cases 1894 crop, Zimmer*. Obf# ll)^c.; 123 cases 1894
Exported to—
Exported to—
Exports
crop. State Havana, 10@l3e.; and 200 ewes 1894 crop. Wis­
Great
Great
Tot
a
ContlConti­
from-consin Havana, 5c: also 3,000 bih-s Havana at 68c.@fi 10
Total,
BrU’n. France nent. Week. Britain. France n ent.
and 200 bales Sumatra at 50c.@$2 10 in bond.
0,113 430,455 95.M0 104,004 090,569
There has been very little chinge in the m irket for Straits G a lv e sto n ,.... 6,1X3
39,620 4,599
42,252
83,471
tin; speculation has been quiet, but supplies at hand have Tex. City, &c„. 3,300
O rleans..
9,140 12,440 057,007 300,33 m 540,648 1,498,045
been small. Prices have held steady, closing at 13-56# 13'60o. Hew
86,324
110,271
29,947
......
Ingot copper has continued in fairly brisk demand and prices Mobile & Pen.
33,886 26,319 296,169 357,894
... .. ........
have teen tirm, closing at l l ’40#ll*75e. for Lake, Lead has Savannah
50,381
23,959
74,340
runsw ick.....
sold slowly, but price# have been quoted unchanged, closing CB harleston*...
.......
90,002
176.943 273,005
at 3-02Jj<-, for domestic. Spelter has declined, closing dull W ilm ington... .... .......
40,053 1,770
90,708 132,531
at 4c. for domestic. Pig iron has been moderately active, N orfolk...........
36,715
...... .
15,018
51,733
9,930 ......
9,030
West. P o in t....
closing at 110 75<3>$f&for domestic.
....... .......
14,029
14,029
Refined petroleum has again declined, closing at 6-55c. in N’p 't News, tkc
bbla,, 4*0Sc, in bulk and 7’43c, In cases; crude in obis, has been New Y o rk ...,. 8,ie& 842 4,030 8,650 310.390 27,547 242,764 583,701
2,167 24u.810
2,792 252,023
2,10?
nominal; naphtha lower at 7t£<\ Crude certificates have fur­
78,025 137,336
1,335 8,100
50.694 2,017
1,77#
altim ore-...
ther declined, closing at f 105 bid. Spirits turpentine has BPhilarfolp'a.Ac
200
32,794
41,800
200
8,002
been quiet, hut ateadiiv held at 28@26c. Basins have been
easier, closing at It 77}^@1 80 for common and good strained. T o ta l............ 10,723 842 15,114 32,079 2,128.144 458 092 1,737,243 4,323,479
Wool has been quiet an 1 unchanged. H >pi have been dull T otal. 1«944>5. 41.802 2.007 18.711 05.52' 3.290 5 4 7«5 ft *1 2 -90 o o 6 447.44ft
and easy.
• * Including P o rt Royal.

THE

992

CHRONICLE.

I n a d d itio n to a b o v e e x p o rts , o u r te le g r a m s to - n ig h t a ls o
g iv e u s t h e fo llo w in g a m o u n ts o f c o tto n o n s h ip b o a r d , n o t
c le a re d , a t t h e p o r ts n a m e d .
W e a d d s im ila r fig u re s f o r
N e w Y o rk , w h ic h a r e p r e p a r e d f o r o u r s p e c ia l u s e b y M essrs.

The Sales and P rices of F utures at New York
shown by the following comprehensive table.

M ay 29 at—

Great
Other Coast­
B rita in . France. Foreign. wise.

N ew O rle a n s ...
G a lv e s to n ..........
S a v a n n a h ..........
C h a r le s to n .. ..
N ew Y o r k ........
O th e r p o r t s ___
T o ta l 1 8 9 6 ...
T o ta l 1 8 9 5 ...
T o ta l 1 8 9 4 ...

6,388
3 ,128

N o n e.
N one.
2 .100

3 ,5 0 7

9 ,9 9 3

N one.
N one.
N one.
N one.
N o n e.

N one.

5 5 ,3 5 7

N one.

2 3,1 16

4 ,1 0 7

20,5 93

1 ,6 2 9
2 ,8 8 9

7 ,5 4 1

N one.

N o n e.

29,8 48
1 6,4 53

N one.
N o n e.

N one.

8 ,0 0 0

6 00

23,8 88
3 ,769
1 ,0 0 0
800
2 ,1 0 0
3 ,3 0 0
1 0 ,1 0 0
10,4 00

1,000
400
SOO
6 ,0 0 0
2 ,4 0 0

N one.
3 ,5 0 0

4 ,0 0 0
641

Total.

400
2 ,5 0 0

33,1 02
2 1 ,6 5 7

5 ,6 5 6
7 ,3 5 3

7 0 ,2 3 5
48,3 57

8 8,3 79
1 2 ,6 9 6
16,1 86
14,9 48
6 ,3 8 8
8 ,7 1 6
1 1 4 ,6 4 7
3 3,2 09
2 9 5 ,1 6 9

2 ^

S’Jr*

v;

2._*.

^ k
®®
®®

o

q

» J^ cm®
g .® lo S

-1-1

a
.^
-1-10-1

-3<1 ► - i-i >
<
-1 -1 era 0 0 era
CMX
1 ©r
1
c
-1 - 16 <1
o o c
-*.16
0® x
o o c
cmco

O -*

- 1-1 <

-1-1

Sg* *
1 © r®
O
<1- 10 -1
-1 -1 ® -1

1

tO O

I © “>;

-1M CD CMO

-1-1

<1-1 ^
75*

OMCM3
l © P:

-1 -1 0 -1

6 -i ® d

0 0 -1 CMg

I © P:
CO
- 1-10 -1
co<i0 -i

om

®6

-1M X
S S to 'S
I © P;
03
-1-10-1

I ©P
-1 -10 -1

MM® M
to O

1<1
06

O-J 0-1
6 6 ®6

<1-10-1

1

P -lO O
6 6©® 6
03 K

>
?

^
0 0 tq 6 6 re"
03 CMt03 o c t o g
1 ©6»: I s . ° :
to
CM
03-10 O - 1 - lC - l
66® 6 66® o
99

M M ® »-*
tO 03 CO
^
•«,"

l ® .° :

9 -1

om

to

>
—
1toto ® CO
M
-1
< 1<
1 J
c o
re"
XX ^
® «:

1

I © r:
Cl
< 1 -1 0 0
® o
CMX
Cl

66

%

CDCDM-g
® „® :
CM
O O O O
OM®
CDCO M

1

p* - 1-1
-1-1 <
. .
COCD l3q
to
CSW © WO §
CD30

I © :
-1 -10 -1

I ©

:
C5

-1 -1 O -1

CDCD®CD 00CD®CD

-1 CD at

CMit

-^<1 ^

-1-1

co ;

CO* ,-kT CD-I O'
C1M
^ w o 'g
I ©5*:
to
CM
<1-10 -1 -1-10-1
occc®ob oocd® oc
ir*'CD CO

<1-1 <

<1*9

!<

CDCD

y?

00-1 (jq

Q
6?^.®
IC©
®r
CO
<1-1 0 -1

rsL»?
M

obob® ob

00

a

-1 -1

%

o GO re*
MOtp-g

-1 <1®-1

coo® x
CMO

tO

0000 re"
oow g
! © P:

<1-10-1

CD6 ® 00

toco

5

coco

re

COCM

to

tO ° Mg
I © P;
03
CO
-1-10-1
pco w u ° w
CO

o<i

10 3

to
re
co to M

© P;
I © r:
3
03
5<1 <1-10-1
■’ to

to to ® to

M MCM CO

'1 - 5

J

1® “ :
—
4
-IX

~ t< i

%

1 ® -lf - :

Mt ® M

<1-1 0 -1
MM®M

O O

*9*9

£
-n"
ClCMh-ig

1a ?

;

O O O O
o x

0

-i -i

a

x
MM cr?

03 CM. ®
M•
-1-10-1

MM® >—
1
-1-1

co 6 re
I © P;
<1-10-1

<i<i
®®
to M »(5
1 © P:
X
-1 -10 -1
6 t©® 6

00 5 - t o < 00 J 00 ^
®®
x x
*CP3?"
i
1 © iC°M; 1 © 50" : 1 X 31£ to8J S.0;
O O O O
O O O O
O O O O
O O O O
M
®6 M M ® M t o t v ® C^D tObO®
CD *-i CD COCl CO C O
OO
CD

00
0 ® re"

00

99

<

CDXM~3

-I-I
66

S a t.

M on T u es W ed

Th.

F rl.

7%
8
83s
81>la
91i

7%
8
8%
8 u 16
9h

7 510 714
75,e
J I 516 715lfl . 7 78
85.6
814
80,6
8^8
93,0
9 1®
93.6

714
7 78
8H
88,6
9 ia

CO-1

CMX ‘g
1© :
CM
OOOO
6^® o
050 CD

<1-1
<j - i
OM
®®
0303 aeT
1©

c h

-?■? <
mm re
OlO
1
0
O
0 0 0 - 3 OOOO
MB-® M
tOCM M 05X O

X

CMCM CP?

:

I ©J-1-10-1
OM ® M

CDCM CO

F ri.
►

5

s s i
1© ;

>

O O
M
X CD
©

<3
CP?"

1

LM
O O DO
M to
M
CM ' CD
CD

0

>

0
11
1® :

>

A v’ge

O' O©®6
_
OM
O

7
758
S
8 5 ,s
8 7a

7-21
7-22

F ri

>
5

M l

CO

<1- 1 0 -1
OO

o

• .;o

*

MMMg

-

a

p '©I®
V} vi o p

CD

p>
Cl
<i
CD CD
X X - s '
©

P • to
p : co

© i^Oas

Pi

t o c o ® to

^ ^ re*
I © P:
i ®.<1:
M
<1-1 0 -1 -1-10-1

m

0C>-

-1 <1® -1
<1-1 >

0

CP?

I

&

6^® 6

-i- i »
oo-i <5
I ©J^:
-1 - l C - l
-iob®nb

. 01

*
w if.'
a ls

I

-1<1 p>
<1 -1-1
to to
,■ 5
to
1
1

CM

- 1-1 0 -1

©P

<i<i % <1-1 <1
- i- i re 00-1 re
0 P 03 0 0 0 3
1 © P:
1 ©P:
CO
03
<1-10 -1 -1<1®-1
-iob® -i ccco®cb
-IO CD - -at to

M tO ® M
CD CO CD

o>o
re'
03 03 M 3
I © P:

00 (
a cm

M. O CO

<1-1 %
6 6 re"
I © P;
to
-1 -10 -1

o

to

<1-1 <
- 1 0 tq
PCD MS

00

OO

p

a : j

i! f

o
W c-r*
® OiCita re XCM ©
p © P s.
P* CO© P* cm®
-10.-1 m o o r<
• x®
-o b ®

I
CO
-1
-1 - 10 -1 <1 <1 o <1 -i <1 c -i
®-o
j ®C
cb -iw
o2 d -i® d > -icccc ''-i

7
7*8
S_
83,6
8 7S

Th.

050® ci
CMi- 00
<l<l
CSCS To
oo« -3
I ©P1:

Th.

M on T uesj W ed

£

1 *<L
-1-10-1

6 * i® 6

'R! to

:^

d : to

n . -1

CO

XM

71.6
711.6
§'■18
83a
815.6

S a t.

©■ J* ®

-1 cm o

7%
7%
8 iS

S T A IN E D .

>-*r*
& ©.T1 3
' -d®

M on T o es W ed

G ood O rd in a ry .............................
L ow M id d lin g .................................
M i d d l i n g .. .. : . .................................
G ood M id d lin g ............................
M id d lin g F a ir ..................................

05

>
►
< <1-1
uf -MW« ©
I © r:
to
<1-0 0 -1
d o ® -!
-1 -1
CIO

3

g: »

5:
® ■ fI

X X

7 ia
7%
8 Hi
She
9

S T“

■3 : V(

n r

S a t.

G U LF.

■§

I t *

to

U PLA N D S.

83s

f i ll

_

■3 3

G ood O r d in a r y ..............................
Low M id d lin g ..................................
M id d lin g ............... ...........................
G ood M id d lin g ...............................
M iddling F a i r ..................................

7 i,o

|

w ——k
- -®- ® » ®
co
© ® S a o ® pj ® ® ® ST m
33 o ®i2
er
as ®
P © ® pPo* £*
P®
gd* » ,
P ® c+no.
tic
■‘1
5©
o giS, ‘" • e S 'd
Vas r+’<
0 .5

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

S p e c u la tio n in th e m a r k e t f o r c o tto n f o r f u tu r e d e liv e ry
w a s q u ie t e a r ly in th e w e e k , o w in g to th e a b s e n c e o f a d v ic e s
f r o m L iv e rp o o l, t h a t m a r k e t h a v in g b e e n c lo s e d in o b s e r v a n c e
o f th e W h its u n tid e h o lid a y s , a n d c h a n g e s in p ric e s w e r e u n ­
im p o r ta n t. T u e s d a y th e L iv e rp o o l m a r k e t o p e n e d w ith a
s h a r p b r e a k in v a lu e s u n d e r liq u id a tin g s a le s b y “ l o n g ”
h o ld e rs , p r o m p t e d b y th e f a v o r a b le c r o p o u tlo o k in th is
c o u n tr y , a n d o u r m a r k e t w e a k e n e d in s y m p a th y . W e d n e s ­
d a y th e m a r k e t o p e n e d w e a k a t a d e c lin e o f 7 to 8 p o in ts o n
th is c ro p a n d 3 to 5 p o in ts o n th e n e x t, d u e to d e c id e d ly
w e a k e r a d v ic e s f r o m L iv e r p o o l, w h e r e , i t w a s r e p o r te d ,
th e
liq u id a tio n
by
“ lo n g s ”
w as
b e in g
c o n tin u e d ;
s u b s e q u e n tly ,
h o w e v e r, th e re w a s a
p a rtia l
re c o v e ry ,
a s th e m a r k e t w a s s u p p o r te d b y b u y in g b y le a d in g “ b u l l ”
o p e r a t o r s , a n d t h e c lo s e s h o w e d a n e t d e c l i n e f o r t h e
d a y o f o n ly 2 to 5 p o in ts , T h u r s d a y n o a d v ic e s w e r e r e c e iv e d
f r o m L iv e rp o o l, a s t h a t m a r k e t w a s c lo s e d f o r t h e r e m a in d e r
o f th e w e e k , b u t th e lo c a l m a r k e t w a s m o d e r a te ly a c tiv e a n d
p ric e s d e c lin e d 5 to 8 p o in ts u n d e r g e n e r a l s e llin g , p r o m p te d
b y th e c o n tin u e d fa v o ra b le o u tlo o k f o r th e g ro w in g c ro p .
T o -d a y th e m a r k e t o p e n e d a t a d e c lin e o f 2 to 5 p o in ts u n d e r
l o c a l s e l l i n g ; r e c o v e r e d t h e lo s s o n b u y i n g b y “ s h o r t s ” t o
c o v e r c o n tr a c ts , s tim u la te d b y r e p o r ts o f c ro p d a m a g e in
S o u th w e s te r n T e x a s b y d r o u th , b u t l a te r a g a in w e a k e n e d u n ­
d e r g e n e r a l s e llin g p r o m p te d b y g e n e r a lly f a v o r a b le c ro p
a d v ic e s , c lo s in g a t a d e c lin e o f 1 to 5 p o in ts f o r th e d a y .
C o tto n o n th e s p o t h a s b e e n q u ie t a n d d e c lin e d l-1 6 c . o n
T u e s d a y , fo llo w e d b y a f u r t h e r r e d u c tio n o f l-1 6 c . o n T h u r s ­
d a y . T o -d ay th e m a rk e t w as q u ie t b u t s te a d y , m id d lin g u p ­
l a n d s c l o s i n g a t 8c .
T h e t o t a l s a l e s f o r f o r w a r d d e l i v e r y f o r t h e w e e k a r e 8 1 2 ,3 0 0
b a le s . F o r i m m e d i a t e d e l i v e r y t h e t o t a l s a l e s f o o t u p t h i s w e e k
8 ,9 8 3 b a l e s , i n c l u d i n g 3 ,4 0 4 f o r e x p o r t , 1 ,0 7 8 f o r c o n s u m p t i o n ,
— f o r s p e c u l a t i o n a n d 4 ,5 0 0 o n c o n t r a c t . T h e f o l l o w i n g a r e
t h e o f f ic i a l q u o t a t i o n s f o r e a c h d a y o f t h e p a s t w e e k —
M a y 23 t o M a y 29.
R a te s o n a n d o ff m id d lin g , a s e s ta b lis h e d N o v . 22 , 1893,
a n d r e v i s e d D e c . 11, 18 9 5 , b y t h e R e v i s i o n C o m m i t t e e a t w h i c h
g ra d e s o th e r t h a n m id d lin g m a y b e d e liv e re d o n c o n tr a c t;
0. 1*4 on. G o o d O r d i n a r y . . . . .......... o. 1
ofl.
E ven,
7S on. G o o d M id d lin g T i n g e d . ..
o n . S t r i c t M id d lin g S t a i n e d ..
oft.
on. M id d lin g S ta in e d ................ % oft.
S tr ic t L ow M id d lin g ,
off. S tr ic t L o w M id. S ta in e d .. 2532 oft.
L ow M id d lin g .....................
. . % oft. L o w M id d lin g S t a i n e d
IQ
oft.
off.
O n th is b a s is t h e p ric e s f o r a fe w o f th e g r a d e s w o u ld b e a s
f o ll o w s .

a re

1>H

ON SHIPBOARD, NOT CLEARED FOR—

L ea vin g
Stock.

[ v'o l , L x n .

O |
to
CM
©

CP?

OO >
<
to to CP?"
to M ®
1© ;
1©
CM
35
OOOO
to to ® to to 1 ®to
coco to M
^
>
OO
<
to to CP?
CMCM
l ®
CM
O , OO
to *
n
C5
CM

1

CP
2
1

5

co
000

O
to to
a C5

05

>

6131S 613,6' 6*4
6 7s
6 7s
6%
1 I CP? 1 1 C1P? 1 1 C-Pi.?
i.
1 1 C^P? 1 1 CiP?.
CP?
7%
75g
7%
711-6 7 '1 ,« | 7=8
7^732
72733 72o32 725t<j2
1 ® : ? 1 <$: ? 1 ®
?
1® ; ® 1§ : ®
7 fsa 7 2 V
8 ’ i« 1
1 8
8Hs
8%
8
I I
I:
I I
I I
I I
M ARKET AND SA LES.
T h e t o t a l s a le s o f c o tto n o n t h e s p o t a n d f o r f u t u r e d e liv e ry
" In c lu d e s s a le s in S e p te m b e r, f o r S e p te m b e r, 1 5 ,3 0 0 ; S e p te m b e re a c h d a y d u r in g th e w e e k a r e in d ic a te d in t h e fo llo w in g
O c to b e r, fo r O c to b e r, 5 1 S,tit) ; S e p te m b e r-N o v e m b e r, fo r N o v e n b e r ,
s t a t e m e n t . F o r t h e c o n v e n i e n c e o f t h e r e a d e r w e a l s o a d d 4 1 7 ,2 0 0 ; S e p te m b e r-D e c e m b e r, f ir D e ce m b e r, 1 ,6 9 7 ,2 0 0 ; S e p te m b e r a c o l u m n w h i c h s h o w s a t a g l a n c e h o w t h e m a r k e t c lo s e d o n J a n u a r y , f o r J a n u a r y , 1 1 ,1 4 3 .1 0 0 ; S e p te m b e r-F e b r u a r y , f o r F e b r u a r y ,
6 2 7 ,7 0 0 ; S e p te o ib e r-M a rc li, fo r M a rc h , 1 1,0 4 2 ,9 0 0 ; S e p te m b e r A p ril,
fo r A p ril, 6 2 7 ,8 0 0 .
SAX.ES o f s p o t a n d c o n t r a c t .
F o r e x c h a n g e s s e e p a g e 994.
8POT MARKET
Sales of
CL08ED.
E x­
Con- j Spec- Con- m , , F utures.
The Visible Supply of Cotton t o - n i g h t , a s m a d e u p b y c a b l e
port. sum p. uVVn tract. Total.

L ow M idd lin g ...... ............................
M id d lin g ............................................
S tr ic t M id d lin g ................. ..........
G ood M id d lin g T m g e d ..............

Bat’d a y .
M onday.
T u esd a y
W ed ’ day
T lm r'd ’ y
F r id a y ..

E a s y ....................
S te a d y .................
Q uiet at 1 „ d eo.
Dull and e a sy ..
ITi & e a sy ,1,6 do
S t e a d y ...............

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

1 ,754
1,650

3 ,4 0 4

166
440
119
91
262
1.078

::::

—

1,9 2 0
800l 2 ,8 9 0
700
819
... '
91
3 ,0 0 0 3,262

1 0 1 .5 0 0
9 4 ,4 0 0
1 57 .50 0
1 66 ,30 0
1 47 ,40 0
1 45,200

4,50o| 8,982

8 12 ,30 0

a n d te le g f a p h is a s fo llo w s .

T h e C o n tin e n ta l s to c k s , a s w e ll a s

t h o s e f o r G r e a t B r i t a i n a n d t h e a f l o a t a r e t h i s w e e k ’s r e t u r n s
a n i c o n s e q u e n tly a ll t h e E u r o p e a n fig u re s a r e b r o u g h t d o w n
to T h u r s d a y e v e n in g .

B u t to m a k e th e to ta ls th e c o m p le te

f i g u r e s f o r t o - n i g h t ( M a y 29), w e a d d t h e i t e m o f e x p o r t s f r o m
th e U n ite d S ta te s , in c lu d in g in it th e e x p o rts o f F r id a y o n ly :

998

THE CHRONICLE

Ma y 30, 180b.]

1896.
1895
1894.
1893.
Q u o t a t io n s f o b M id d l i n g C o t t o n a t O t h e r M a r k e t s . —
S to ck a t L iv e rp o o l..,..b a le * . 1,080,000 1,612,000 1 ,6 1 0 ,0 0 0 1,573.000 Below are closing quotations of middling cotton at Southern
S to ck a t L o u d o n ____ _______
4.000
7,000
6,000
5,000
and other principal cotton markets for each day of the week,
T o ta l G reat B rita in stock. 1,084,000 1,649,000 1.616.000 MTilOOO
18,000 „
26,000
25.000
Stock at Hamburg..................
26,000
1 CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
Stock a t B re m e n ....................... 217,000 325.000 190.000 166,000
13.000
15.000
15.000
S to ck a t A ru ste rd a m ...............
9,000
M ay 29. ~ S a tu r.
F ri.
Jf07l.
T u ts.
Wednes. Tkitrs.
'200 ;
200
200
S to ck a t R o tte rd a m .................
200
16.000
10.000 i G a lv e s to n . .
15.000
S to ck a t A n tw e rp .....................
20,000
TH *
77,8
70s
7«>i6
TH
73,8
-Stock a t H a v r e ......................... 273,000 465.000 436.000 403.000 New O rleans
73s
7K,6
TH
7» i 8
71,6
7,000 , M obile.........
7,000
5,000
7.000
S tock a t M arseilles
TV.
74s
TH
73,0
TH
TH
:
10.1.000
103.000
77.000
83.000
S tock at B arcelo n a...................
S a v a n n a h ...
TH
713
TH
TH*
TH
7 u is
20.000 C
10.000
80.000
52.000
S tock a t G en o a..........................
7%
a rlesto n ..
7%
TH
7%
TH
7%
19,000 ) Whilm
30.000
29.000
20.000
-Stock a t T rie s te .........................
ington.
753
7=3
73s
7 “e
75g
7%
TH
T o ta l C o n tin en tal stocks.. 747,200 1.037.200 815,200 765,200 ; N o rfo lk . . . . .
7%
TH
TH
7 Hs
7=8
8
8%
8%
81,3 ■ 81,8
805
T o ta l E u ro p ean stocks.
1,831,200 2,680,200 2,431,200 2,843,200 B o sto n .........
gq
8%
8M
8H
8H
8H
101,000 205,000 B a ltim o re . .
In d ia c o tto n afloat fo r E u rope 155.000 155,000
SH
8%
3%
8%'
8516
135,000 123,000 Philadelphia
A uier.cottfm afloat fo r E urope 104.000 100,000
73*
7 H In®% 71118*% 7 0 1h'0 %
TH
7%
16,000
17,000 25,000 47,000 A ugusta.......
E g y p t, Brazil. Ac. ,aflt. for E ’pe
7° is
71,8
7 M3
TH
7 He
THe
S tock in U nited S ta te s p o rts . 350,320
532,342 417,035 481,399 | M em phis___
753
7 iq 6
73,8
TH
S tock in U. 8. in te rio r tow ns.. 147.437
101.625 123,963 201,857 j St. Iid n is ....
H
o
u
s
to
n
___
TH
7*18
7»is
THa
11,701
22,383
3,413
4,315 I
TH*
7 He
U n ited S ta te s ex p o rts to d ay .
7%
TH
73*
7%
TH
TH
T o tal visible su p p ly .......... 2,013,307 3.674,533 3 .3 2 6 ,6 11 3,410,303 , C in c in n a ti..
7%
8
8
8
8
TH
Of th e above, to ta ls of A m erican anti o th er d escrip tio n s a re a s follows: ; L o u isv ille...
A m erica n —
The
closing
quotations
to-day
(Frida/)
at
other
important
L iverpool sto c k ..............h alos
917,000 1,530,000 1,303,000 1.311,000 I
C o n tin en tal sto c k s................... 600,000 956.000 603,000 045,000 -Southern m irkets were as follows.
A m erican afloat to r E u ro p e .. 104,000 160,000 135,000 128.000 i A H a n ta . . . . . . . .
TH 1 E u fa u la .,____
TH 1N a to h e z ............
The.
7%
U nited S tates sto c k ................. 350,526 332,312 417,035 481,39? C h a rlo tte .........
7
1 R a l e i g h ....___
11.ittle R ock___
U n ited S tates in te rio r sto cks. 147.137
101,629 133,963 201,337 Oolum bus, G a.
7
1 M ontgom ery...
TH S elm a.................
TH
United states exports to-day.
n.701
22.383
:i. 11,.
1.31- Ool um bos. Miss 05s 1 N a s h v ille ......... TH 1S h re v e p o rt.......
7
T o ta l A m erican ................. 2,130,607 3,302,353 % 735,441 -2,774,003
R e c e i p t s f r o m t h e P l a n t a t io n s . —The following table
Sa n t In d ia n , B ra sil, die.—
L iv erp o o l s to c k ........................ 163,000 112,000 247.000 259.000 indicates the actual movement each week from the plantations.
6,000
7,000
3,000 The figures do not include overland receipts nor Southern
L o n d o n stock......................
4 ,0 0 0
81,200 1 5*2,200 120,200 consumption; they are simply a statement of the weekly•ContlDonfal sto ck s...................
147.200
In d ia afloat fo r E u ro p e ........... 155,000 133,000 161.000 203.000 movement from the plantations of that part of the crop which
25,000
47,000
17,000
E g y p t, B razil, Ac,,, aflo at.......
18,000
dnally reaches the market through the outports.
T otal E a s t In d ia , Ac......... 485,200 372.259 391,300 630,200
T o ta l A m e ric a n ................. 2 . n o . 067 3.302.853 2,733. i l l 2,77 1.003
trv«jt
Receipts at the Ports. St'k at Interior Towns. Rec’pts from Plant’ns,
Total visible su pp ly........ 2.613.867 3,674.553 3,326.611 3,410,803
Ending—
3V L
M id d lin g U p la n d , L iv e rp o o l,.
4 ll*td.
4 'l« (L
1S04. 1895. la w . 1894. i 1895. 1890. 1891. 1895. 1896,
M id d lin g U p la n d , N ew Y o rk .
80.
7* 9 0 .
7%o.
E g y p t <i*>od B ro w n , L iv erp o o l
7 KS:
••539-1.
5-9 i. Apr. 2 1 ,..,. 4^3®i 59,905 51,600 iM&lo 180,041 2*17,104 26,298 43,833 38,101
0%1.
P e r u r .R o a g h G o o d , L iv erp o o l
5 V I.
6 5gd. MAT 1 ..... 5s,.ses 50,937 39,^8 170,930 165,9781333,014 24,811 36,271 25,708
B ro a c h F in e . L i v e r p o o l .. .. .. .
I V I.
*1(1.
8%L
life
“
8 ..... 27,850 11,900 37,3*31 155.917 148,558j209,770 13,831 21,475 14,057
37gd.
T in n e v elly Good, L iv e rp o o l..
31119*1.
*4ijjjd.
I’gd.
“ 1 5 ...., 21,604 30,585 34,871 147.049 187,322 187.120 12,736 19,334 12,221
• L a st w e ek ’s q u o ta tio n s .
** U ....... 21,002 39,005 23,070 131,493 114,859] 183,017 9,018 6,602
t S T The imports into Continental ports th* past week have
** 2 0 ,,... 12,208 29.020 17.890 128.908 10l.828U17.437 1.670 15,789 2,310

been 91,000 bales.
The above- statement shows; l.—That the total receipts
The above figures indicate a d e creew e in the cotton in sight
to-night of 1,019,686 baif-n as compared with the same date from the plantations since Sept. 1, 1895, are 5,213,336 bales; in
of 1895, a falling off of 710,771 bales from the corresponding 1894-95 were 7,825,695 bales; in 1893-94 were 3,839,069 bales.
2.—That although the receipts at the outports the past week
date of 1894 and a decrease o f 79-1,9 35 bales from 1893.
A t t h e I n terior T o w n s th e m ovem ent— th a t is th e receipts were 17,899 bales, the actual movement from plantations was
for th e w eek and sin ce Septem ber 1, th e sh ip m en ts for th e only 2,310 bales, the balanoe being taken from the stocks at
w e e k and th e sto ck s to-n igh t, and th e same item s for th e the interior towns. Last year the receipts from the plantations
for the week were 15,783 bales and for 1891 they were
' ■ i
- • 1791-9.4—is set out- in d e ta il below,
1,676 bales.
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d S in c e S e p t . 1 ,—
% « ' § | 2 5* g S ,? ? S P * S ie,I s l S ‘« S 2 § 5
I «*
?•
-t* »efV
«
m *■
*-*“* * 4 o* © | -T We give below a statement showing the overland movement
«Q
toi the week and since September 1, As the returns reach us
*2\—a *
by telegraph late Friday night it is impossible to enter so
*'
I
•
»95S*
»
—
m © < * • » » a m *r%©© o
largely into detail as m our regular monthly report, but all
21
* ’■ •« m m ti * .d r*
©
tn t t 35:»n
the principal matters of interest are given. This weekly
" f e l l
*
>■
«
!»
publication is of course supplementary to the more extended
«i $
i
monthly statements. The results for the week ending May 29
*-#
'r \ £ 2 . 2 ®£*2 ^ 2 2 « 9 Z! S tr H 2 * 2 1?
» © © » t - o ©-? and since Sept. 1 in the last two years are as follows.
5 '3 ,

rsi~

• I w v u - w v *- » A -t*w *4-«**t» V i '-?«s J*"Xj r m -rge «t 7»T*»P-*3555lO
v" s *■*
*■*
^5*
—
*
«
*5 r- I - a .
--- - — — .....

1895-96.
.Ifnp 20.
Week.

| 24 ;*?,n$ ;fg|SiH§i£ ;SS52|53§§2?5 i •§
w

. i t
© ■ *0 s
s*-»1 ^2S *

s

III

c*»

t-4

I -of

Of- . i -* t r- It efi f- *C—*■«f- — 0 - 4 I 2 ; i . r i 7 5
««© © o»c4w ©w
*
^
«s«>
—^
~ ©
<4-4 !
et*
m
m
2®*** :-5'S2
«-• -- i

• 71

a o n S f K } ;©*»-?>© _0* ; r--»r-TJ
—
•
©
-!*

■?
ci-’ l>
>-4 -f1
*h

to r-.
©

75
§
9

j r *
1.
e —2? £ 5 ^5E*
3 S ^ *;| ® 2 f ' -* o ^ © t- - ri CO-? -&KO »
5
gr
S-* S 5 g f i S g 2 |s $ 2 3 i ^ 3 l b g I i i n l $ 7 g S 2 S S 2 I
8iO !
f |
v-4 55
Ilf *
« - t > S 5 K TJ t- <C 71 CfCO *71
! ’! . .
75 ©-? -1‘—
f t©2» © t- © <51- -# © '» © ’ r* §
55 J v —©t-tSIOD
-»-»
*-4-i
-in
. «
©71 —n « *f
*5C ' t j
* *
•*?
»0
t-0
•—
1
ai
—
4

a
tz

i

•* ;r

a .......... BS=
: 2: a t ;

• :

Shipped—
Via 3t. L o u is ..... ............................
Via C airo........................................
Via P a rk e r C ity.............................

0,701
2,289
004

Via L ouisville......................- ........
Via C in cin n ati.............................
Via o th e r ro u tes, *&e....................

1,950
4,50 i
798

T otal eross o v e rla n d ................
J e d uet shipm ents—
O verland to N. Y-, B oston, &o..
B etw een In te rio r to w n s..............
I n la n d , Ac., from S outh ..............

RJ

s|I

*

g

So

%%

C<2:

1.

t TWs y e a r's (Inures estliniite-i.
! L ast y e a r s Hgnrea a re for N ew berry, 3. G.

18,609 1,114,700
1,808
8
403

265,624
3,379
48,080

Week.
7,394
3,979
100
47
2,123
751
1,564

Since
Sept. 1.
911,035
328,390
35,000
3,817
184,748
175,422
146,000

15,958 1,78-4,472
3,379
375
2,751

547,113
30,469
73,689
651,274

2,279

317,083

6,505

L eaving to tal n e t overland*,.

14,390l

797,828

9,453 1,133,198

The foregoing shows that the week’s net overland movement
-liis year has been 14,390 bales, against 9,453 bales for the
week in 1893, and that for the season to date the aggregate net
overland exhibits a falling oif from a year ago of 335,573 bales.
I n Bight a n d Spinners?
T akings.
Receipts a t p o rts to M ay 29
N et overland to M ay 29.......
Southern consum ption to M ay 29
T o ta l m a r k e te d ...........
In te rio r stocks in excess.

* Loulsviito fljrares “ net” in both years,

531,742
236,294
18,592
1,681
131,493
104,161
00,746

1894-95.

T otal to be d e d u c te d ................

• -„-5

; P‘ 5 2 : ; * i i £} m *

Since
Sept. 1.

Cam e Into sic h t d u rin g w eek.
T o ta l In sig h t M ay 2 9 .............

1895-90.
Week.

Since
Sept, 1.

1894-95.
Week.

Since
Sept. 1.

17,890 5,127,619 29,020 7,781,402
9,453 1,133,198
14,390 797,626
17,000 737,000 10,000 639,000
49,280 0,662,245 48,473 9,553,600
44,293
*15,580 114,737 *13,231
83,700

35,242
6,776,982

9,597,893

S o rth ’n sp in n e rs ta k ’gs to May 29, 38,570 1,529,712
'D ec rea se d u rin g w eek.

9,896 2,021,604

The above totals show that the interior stocks hare d e c r e a se d
It will be seen by the above that there has come into sight
during the week 15,380 bales and are now 45,809 bales m o r e
than at same period last year, The receipts at all the towns during the week 53,700 bales, against 33,843 bales for the
have been 3,107 bales m o re than same week last year and since same week of 1893, and that the decrease in amount in sight
to-night as compared with last year is 2,820,911 bales.
Sept, 1 are 8,023,687 bales less than for same time in 1891-93.

994

THE CHRONICLE.

W e a t h e r R e p o r t s by T e l e g r a p h .— Reports

to us b y tele­
graph this evening denote that dry weather has prevailed
over the greater part of the Southwest the past week and
that at most points in Texas rain is needed. From other sec­
tions of the South, however, our advices are quite satisfac­
tory. Along the Atlantic the crop has been greatly benefited
at many points by the rains which have fallen. In the Gulf
States and Tennessee cotton is generally in excellent condi­
tion and more advanced than last year. Our Memphis corres­
pondent reports the receipt of the tirst bloom on Wednesday
last—the earliest on record at that point. Damage by worms
is complained of in Brazos County, Texas.
Galveston, Texas.—Cotton has heen hoed and put in good
condition as a rule, but would be benefited by a general rain,
which is needed. We have had no rain the past week. Aver­
age thermometer 80, highest 84 and lowest 75.
Palestine. Texas.—Dry weather has prevailed all the week.
The thermometer has averaged 79, the highest being 90 and
the lowest 68.
Huntsville, Texas.—It has been dry all the week. The
thermometer has averaged 82, Tanging from 70 to 93.
Dallas, Texas.—Some cotton in North Texas is not yet up
We have had no rain during the week. The therm imeter
has ranged from 67 to 95, averaging 81.
San Antonio, Texas.—The weather has been dry all the
week. Average thermometer 82, highest 96 and lowest 68.
Luling, Texas —It has been dry all the week. The ther­
mometer has averaged 82, the highest being 98 and the low­
est 67.
Columbia, Texas.—We have had no rain the past week.
The thermometer has averaged 78 and ranged from 67 to 88.
tfCuero, Texas.—-There has been no rain during the week.
The thermometer has ranged from 67 to 97, averaging 82.
Brenham, Texas.—Reports from Brazos County indicate
that worms are injuring cotton. They eat stalk and stem as
well as the leaves, and have already done damage on hun­
dreds of acres. We have had dry weather all the week.
Average thermometer 82, highest 95 and lowest 69.
Temple, Texas.—There has been no rain the past week.
The thermometer has averaged 83, the highest being 94 and
the lowest 69.
Fort Worth, Texas.—The weather has been dry all the
week. The thermometer has averaged 81, ranging from 67
to 95.
Weatherford, Texas — W e have had no rain during the
week. The thermometer has ranged from 68 to 94, averag­
ing 81.
New Orleans, Louisiana.—We have had rain on three days
of the week, the rainfall being twenty hundredths of an inch.
Average thermometer 81.
Shreveport, Louisiana.—There has been no rain during the
week. The thermometer has averaged 81, the highest being
94 and the lowest 70.
Columbus, Mississippi.—There have been showers on two
days of the week, the rainfall being thirty-one hundredths of
an inch. The thermometer has averaged 80, ranging from 66
to 92.
Leland, Mississippi.— There has been no rain all the week.
The thermometer has ranged from 60 to 92, averaging 78'1.
Vicksburg, Mississippi.—W e have had dry weather all the
week. Average thermometer 81, highest 93, and lowest 70.
Meridian, Mississippi.—Drought is claimed to be injuring
crops. No rain has fallen in about four weeks. The ther­
mometer has ranged from 70 to 96.
Little Rock, Arkansas.—No rain all the week. Average
thermometer 79, highest 93, lowest 68.
Helena, Arkansas. —Labor is scarce and crops are somewhat
grassy. We have had very light rain on one day of the
week, the precipitation reaching one hundredth of an inch,
but south of here the rainfall has been heavy. The ther­
mometer has averaged 80*3, ranging from 64 to 93.
Memphis, Tennessee.—The first bloom was received on
Wednesday from Bolivar County, Mississippi. It is the
earliest on record and seventeen days in advance of- an aver­
age year. Crop reports are fine. We had a showeron Thurs
day, the rainfall being six hundredths of an inch. The
thermometer has ranged from 69 5 to 91 6, averaging 80.
Nashville, Tennessee.—Prospects were never better. It has
rained during the week, the precipitation reaching one inch
and two hundredths. Average thermometer 75.
Mobile, Alabama.—Crop reports were never better. G lod
rains throughout-the-district yesterday. We have had rain
on one day of the week, to the extent of eighty-one hundredths
of an inch. The thermometer has averaged 80, the highest
being 93 and the lowest 71.
Montgomery, Alabama —Crops are splendid. The weather
was dry all the week until Wednesday night, since which
date we have had two beneficial showers, the orecipitation
reached forty nine hundredths of an inch. Clear today.
The thermometer has averaged 82, ranging from 71 to 93.
Selma, Alabama.—The crop is in perfect condition and two
weeks earlier than last year. The rainfall during the week
has reached forty-six hundredths of an inch, on one day. The
thermometer has ranged from 66 to 93, averaging 80.
Madison, Florida.— It has rained on two days of the week,
the precipitation being fifty hundredths of an inch. Aver­
age thermometer 82, highest 91 and lowest 73.
Augusta, Georgia.—Telegram not received.

[V ol . LX II,

Columbus, Georgia.—There has been rain on two days of
the week, to the extent of ninety-four hundredths of an inch.
The thermometer has averaged 83, the highest being 91 and
the lowest 66.
Savannah, Georgia.—W e have bad rain on four days of
the week, the precipitation reaching twelve hundredths of an
inch. The thermometer has averaged 81, ranging from 69
to 94.
Charleston, South Carolina.—There has been rain on three
days of the week, the precipitation reaching seventeen hun­
dredths of an inch. The thermometer has averaged 79, the
highest being 89 and the lowest 7-.
Stateburg, South Carolina.—All crops have beeD greatly
benefited and improved by the rain. We have had rain on
three days of the week, the precipitation reaching one inch
and fifty-eight hundredths. The thermometer has averaged
78, ranging from 66 to 89.
Greenwood, South Carolina.—It has rained on three days
of the week, the precipitation reaching seventy-seven hun­
dredths of an inch. The thermometer has ranged from 58 to
92, averaging 75.
Wilson, North Carolina.—Telegram not received.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock May 28, 1896, and May 30, 1895.
M a y 2 « , ’96. M ay 3 0 , ’9 5 .
Feet.
Feet.
N e w O r le a n s ........
M e m p h is ................ ..........A b o v e z e ro o f g a u g e .
N a s h v ille ...............
8 h r e v e p o r t............ ..........A b o v e z e ro o f g a u g e .
V ic k s b u r g .............. ..........A b o v e zero o f g a u g e .

6*5
21*0
50
6-4
21-8

3-8
9-6
6-9
1*2
2-9

Our Cotton Acreage Report.—Our cotton acreage report
will probably be ready about the 4th of June. Parties desiring
the circular in quantities, with their business card printed
thereon, should send in their orders as soon as possible, to
ensure early delivery.

E xchanges.—The following exchanges have been made
during the week:
•04 p d . t o e x o h . 1 ,2 0 0 J ’n e f o r A ug.
•03 n d . to e x o n . 2 0 0 J u ly fo r A ug
•02 pd . to ex o h . 10 0 M av f o r A ug.
•17 p d . to e x o h . 100 N ov. f o r S e p t.
•06 p d . to e x o h . 5 0 0 J u n e fo r A ug.
■66 pd . to e x o h . 3 0 0 O ot. fo r A ug.
■05 pd . to e x o h . 1.10 ) J ’u e fo r A u g .
•02 p d . to ex o h . 7 0 0 J u n e fo r J u ly .
E v e n 1 00 M ay f o r J u n e .
E v e n 5 0 0 N o r. fo r D eo.
•03 p d . to e x o h . 6 0 0 J u n e fo r J u ly .
•04 pd . to e x o h . 3 0 0 J a n . f o r O ot.

•12 p d . t o e x o h . 5 0 0 D eo. f o r S e p t.
56 pd . to e x o h 2 )0 S e p t, fo r A u g .
•07 pd . to e x o h . 2 0 0 N ov. f o r O ot.
•02 pd. to e x o h . 1,300 J u ly f o r A ug.
■02 pd. to e x o h . 100 M ay s. u . fo r
A ug.
•63 p d . to e x o h . 2 00 O ot. f o r A ug.
0 3 pd . to e x c h . l o o J a n . f o r O ot.
•02 pd. to e x o h . 5 0 0 J u n e f o r A ug.
01 pd . t o e x o h . 1 0 0 J u l y f o r A ug.
•05 p d . t o e x o h . 5 0 0 N o v . f o r F e b .

I ndia Cotton Movement F rom all P orts.—The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to May 28.
BOM BAY R E C E IP T S AND S H IP M E N T S F O R P O U R Y E A R S.

Ship merits thin wee k
Shipm ents since Sept. 1.
Oon ti­
Great
t e a r Great Conti­
Total.
Total.
B rita in ll ent.
BriVn. nent.

Receipts.
This
Since
Week. Sept. 1.

15.000 15.000 6 4 .0 0 0 6 3 7 .0 0 0 7 0 1 .0 0 0
1,000 6,0 0 0 2 2 .0 0 0 3 2 5 .0 0 0 3 4 7 .0 0 0
3 0 .000 3 0 .0 0 0 4 4 .0 0 0 6 5 1 .0 0 0 6 9 5 .0 0 0
6 0 .0 0 0 6 0 .0 0 0 3 7 .0 0 0 6 7 7 .0 0 0 7 1 4 .0 0 0
N o t e .—M o v e m e n t f o r w e e k in 1 89 6 e s ti m a te d .

’95-6
•94 5
•93-4
92-3

5 ,0 0 0

6 0 ,0 0 0
7 4 .0 0 0
5 6 .0 0 0
8 6 .0 0 0

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

Aooording to the foregoing Bombay appears to show
a decrease compared with last year in the week’s receipts of
14,009 bales and an increase in shipments of 9,009 bales, and
the shipments since Sept. 1 show an increase of 354,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of September, for tw o
years, has been as follows. “ Other ports” cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Shipm ents f o r the week.
Great
B rita in .
C a l c u tta —
1 8 9 5 -9 6 ...
..........
1894- 9 5 ...
M ad ras—
1 895- 9 6 ...
1894- 9 5 ...
All o th e r s —
1 ,0 0 0
1895- 9 6 ...
18949 5 ...
T o ta l a ll—
1895- 9 6 ...
1 8 9 4 -9 5 ...

Conti­
nent.

1 ,0 0 0

Shipm ents since Sept. 1.

Total.

Great
B rita in .

Continent.

Total ,

3 ,0 0 0

3 ,0 0 0

1 0 ,0 0 0
6 ,0 0 0

6 2 ,0 0 0
2 2 ,0 0 0

7 2 .0 0 0
2 8 .0 0 0

1,0 0 0

1 ,0 0 0

1 0 ,0 0 0
6 ,0 0 0

8,0 0 0
1 0 ,0 0 0

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

4 .0 0 0
7 .0 0 0

5 .0 0 0
7 .0 0 0

1 4 .0 0 0
1 6 .0 0 0

7 0 .0 0 0
6 5 .0 0 0

8 4 .0 0 0
8 1 .0 0 0

8 .0 0 0
9 ,0 0 0
7 .0 0 0 1 7 ,0 0 0

3 4 .0 0 0
2 8 .0 0 0

1 4 0 ,0 0 0
9 7 ,0 0 0

1 7 4 .0 0 0
1 2 5 .0 0 0

The above totals for the week show that the movement fro m
the ports other than Bombay is 2,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments since September L, 1895, and for the corresponding
periods of the tw o previous years, are as follows.
E X P O R T S TO E D R O P E P R O M ALL, IN D IA .

1 8 95-96.

S h ip m en ts
to a ll Europe
fro m —

This
week.

Since
Sept. 1.

B o m b a y ...........
All o th e r p o r ts

1 5 ,0 0 0
9 ,0 0 0

7 0 1 .0 0 0
17 4 .0 0 0

2 4 ,0 0 0

8 7 5 ,0 0 0

T o ta l . ...

1 8 9 4 -9 5 .

This
week.

1 893-94.

Since
Sept. 1.

This
week.

Since
Sept. 1.

6 ,0 0 0
7 ,0 0 0

3 4 7 .0 0 0
1 2 5 .0 0 0

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

6 9 5 .0 0 0
1 9 2 .0 0 0

1 3 ,0 0 0

4 7 2 ,0 0 0

4 2 ,0 0 0

8 8 7 ,0 0 0

THE CHRONICLE.

May 30, 1896.J

Alexandra Receipts and Shipments. —/Through arrange­
ments we have made with Messrs. Davies, Beaaohi x Oo., o
Liverpool and Alexandria, we now rsoeive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts an 1 ship-neats for the pist week and for the
corresponding week of the previous two years.
A lexa n d ria . Egypt,
M ay 27.

1895-96.

Receipt* (caatars*)___
T his week......... .........
Since 8ept. 1 ..............

E xp o rts (bale*!—
To Liverpool ...........
To C o n tin en t!. . . . . .

1894-95.

1893-94.

8.000
2,000
5,196,000
4,334.000
T h is * Since j This
Since
week. [Sept. 1. week. Sept. 1.

13,000
4,857,000
This
Since
week. Sept. 1.

J
2.000 322,000 2,000 261,000 4,000 306.000
1.000 301,1X10 ......... 316,000 | 1,000 253.000

T o tal E urope
3,0001623.000; 2,000 577,000 5,000 564,000
i pound*.
f Of w h ich to A m a rim ta H id 9 6 . 5 1.72S bile*; ia 1814-95. 10,893
b ales; In 18*3-91, 15,573 bates.
J o t e B u t t s , B a g g in g , & c .— Jute bagging has been in very

light demand during the week under review, but prices re­
main as last quoted, viz : Sj^c. for 1?^ lbs., 4J£c. for 2 lbs.
and 43^c. for standard grades, in a j ibbing way. Cir-load
lots of standard brands are quoted at •iJ i'i. for
lb*, 4Js£<s.
for 2 lb3. and 4J£c. for SJdJ lbs., f. o. b. at New York. Jute
butts nominally unchang- l on the spot at l l-l6s. for pipe*
quality and 1’jC. for mixing.
StANtri mter MAnsar.—Our report received by cable tonight
from Manchester states that the market is firm for both
yarns and shirtings, on accomt of the holidays. We give
the prices for to-day below and leave those for previous weeks
of this and last year for comparison:
1896.

1895.

8*4 tbs. Shirt- OoWn

8 ■< lbs. Shirt­ Ooten
32« Cop. ings, commiyn M id. 32» Cop. ings, common Mid.
TwitL
TJpUU Twist,
te>fin est.
lo f t nest.
V pldt

d.
Ap,24 BH
May 1 6%
M 8 6 *1#
M 15 *>,'•••
“ 22 6 ^ 1#
* 29 61,#

<L
*7%
#7%
# 7 1 1*.
* 7 ;i*

a.
4
4
4
4
4
#7% 4

A
a.
4 -2 * 6
4S»»8
5 »8
5 *6
5% »6
3 »8

d.
d.
d.
d. 8.
8*8 4 >*,3 5«8 »6% 4
9
4t*,i2 55* ’it6M 4
h ;-2
5% »6% 4
9
14s 5l»l»»0a» 4
9
3% <»67,* 4
9
513,,*61* 4

<L a
2 »6
2 tea
2 *a
2 »6
3 <*6
3»s<*0

d.
4
3
2
2
3
4

d,
331,2
31#,,
33»
ggaa

S e a I s l a n d C o t t o n M o v e m e n t , —We have received th s
(Friday) evening by telegraph from the various ports tl e
details of the Sea Island cotton movement f o r t h e w e e k . T i e
receipts for the week ending to-night (May 29) and since
Sept, l, 1895, the stocks to-night, and the same items for the
corresponding periods of 1891-95, are a3 follows.
1995-00.
BeeeipU to Mag 29,

1894-95.

Stock.

T his I Since
This
Since
week. Sept. 1. week. Sept. 1. 1896,

1895.

S a v a n n a h ..........................
C harlesto n ,.A c.............. ..
F lo rid a, A c ......... .............

123 -76.974
71 10,491
. . . . j 4,783

7 64,195 2,720
848
5,298
5,139
916

524
97
181

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

1 9 4 1 92.248

7 74.632

802

4,294

Theexports for the week ending this evening reach a total
of 377 bales, of which 477 bales were to Great Britain, 100
to France and — to lieval. and the amount forwarded to
Northern milk has been 649 bales. Below are the exports
for the week and since Beowmber 1 in 1893-98 and 1894-05.

B’v a n n 'h .& e
C harl’t'n.A c
F lo rid a, dto
New Y o rk ..
B a ltim o re .,
T o ta l. . . . .
T otal 1894-5

Week E n d in g M ay 29. Since Sept. 1 ,1 8 9 5 .
Great Fr’nce
Great | France
Total. B H Vn
Total.
de.
B riTn. de.
,
____5
60

....
100

417; .........

.

11,048;
2,901
___ „ !
160 15,651
7,6*30
417 3,412

Sinct
Week. Sept. 1

2,376 14,024
546 34,561
61 3,035
103 1,632
__TTt
3,60*
4,693 20,3 11 ......... — —
. . . . . . 7,080
13 3,425 . . . . . . .........

100

577 41,352 7,146 48,498

24: ....... .

24 34,849' 5,612 40,481

477j

North’n Wv-

841 39,851
54

s j
o« 1

Exports
fro m —

995

com m ercial a n d financial d istru st e ra se d b y the c o n sta n t a g ita tio n of
- n m onetary system of th e n aio n , th e b a s in e ts tra n sa c te d o a th e E x­
change show s tUe 1 irg e st volum e since its o rg tn iz itio a , an d aye can,
in consequence, justly te n d e r o u r c o n g ratu latio n s upon th e generally
prosperous condition of th e m em bers of th e E x eh in g e. C onsidering
the v ast am o u n t of business h a n d l-d lu rin g th e p tst- ye if. the f act th a t
no failures of im portance h a v e been recorded i* exceedingly gc itifyi g,
show ing, as i t does, u n u su al com m ercial stren g th . The late d ain ess
and ap a th y are n o t likely to p ro v e more th an a n a tu ra l tem p o rary re ­
actio n from the g re a t ac tiv ity prev ailin g d a rin g th e larg er p a rt o f th e y e a r u n d er review .
“ A gain an effort h a s b een m ade in the direction of an ti-o p tio n legis­
latio n lav th e in tro d u c tio n of a bill in th e H ouse of R ep resen tativ es
alm ost id en tical w ith th e one w hieh fa ils ! of passage in the last Con­
gress. The m easure was refe rred to the C om m ittee on A griculture,
who. a fte r a h earin g given to th e opp m e a ts of th e bill, a t w hich y o n r
B xohauge wag rep re sen ted by three delegates, decided n o t to re p o rt
th e bill to th e H ouse. We record this action of th e com m ittee w ith
ex tre m e sa tisfactio n , as it in d ic a te s a g r a v in g ton-leney am ong our
leg islato rs to a h - tu n from in terference w ith a law ful and Indispensable
fe a t ure of advanoed business m ethods.
*• T he re p o rt of th e W arehouse and D elivery C om m ittee show s a con­
siderable decrease in the earn in g s of the I nspection B ureau, w hich
can readily be accounted for by th e exceedingly sm all receip ts a t this
p o rt, ow iag to the relativ e d isp a rity of New Y ork prices w b k those of
the In terio r m ark ets an d to th e oontlaued d iscrim in atio n on th e pact
of ih e ra iiro s d and ste am sh ip com panies og tin or New York In the
m a tte r of freig h t rates. W ith -he reduced volum e of oottou ottered for
inspection andeerrifio i t ion, fa rth e r reductions in the ru n n in g ex p eases
of the b u re a u are considered f maible. Such reductions are u n d e r a d ­
visem ent and a re likely to be carrie d o a t by th e incom ing B oard of
M anagers. The question of recom m ending a lte ra tio n s to the by-law s,
providing for the ru n n in g expanses of th e tnsoeo ion Bure m in ease
th e inspection fund shall becom e tem p o rarily insufficient to m eet such
c h a rg e s .h a s lately received careful consideration bv th e P, rat'd of
M anagers, b u t-th e re being no im m ediate necessity for su ch legislaia ti m. an d in view of th e sh o rt rim s of offi>e rom lining for tha
p re se n t board, it w as n ot deem ed ex p ed ien t to t,ak* definite action.
“ file o Aerations of the Inspection B ureau show th a t from M ay I ,
1895, to April 30, 1 *96. inclusive, there h ave b een in sp e cted a i d oartifloates have tu e n issued fo r-to ,o 2 l b lies. D uring th e sam e poriod
th to w ere w ith d raw n 67,9 III bales of certificated co tto n , leaving c e r­
tificates ottt.st imlflne on April 30. 1896, on 22,56s b tle s. T he reclam a­
tions upon th e B ureau a mounted to only $ rif 60, a n d th e b alan ce on
h an d in th e g u a ra n te e fu n d is $3, 43 99, g u aran teein g th e g rad e of
22,563 bales.
Th« m ost pro m in en t a c t of legislation passed d u rin g th e y e a r is th e
on® relatin g to th e estab lish m en t of a clearin g house for tha ad ju stm oot of balance* on settlem ent*
This sy stem of clearin g daily
balances, w hich w ent in to eflect on th e 5 th of March, although
en co u n terin g a good deal of opposition a t first- seem s to h iv e m et
w ith general approbation since th e m em bers h av e becom e fam iliar
w ith it.
T he proposed law stip u latin g m inim um ra te s of c unm ission. w hich
waa subm itted to th e m em bers in response to a p etitio n addressed to
th e Bo ird of M anagers, b earing eighty-ft re slg n a tu r ts. w is defeated.
T h e v o te c ast, how ever, u n m istak ab ly show s a stro n g se n tim e n t in
favor of such legislation, a n d it m »y be hoped th a t m u tu al oouoossions
w ill e v e n tu a l!? result in th e adoption of som e law w hich w ill h a r­
m onize th e different view s and acorne to the b eat interest* of th e
E xchange.
I t is much to be re g re tte d th a t the efforts of th e B land of Man Igors
to rem ove the d iscrim ination a g a in st th is p o rt by th e ra ilro a d a n d
steam ship lines in th eir charge* for tra n sp o rta tio n h av e proved futile,
chiefly ow ing to th e unw illingness of m em bers to tas Ify before th e
In ter-S tate Com m erce Commission, Th *eubteot is one o ' th e g re a te st
im portance to th e E xchange, a n d we tr u s t th a t th e raoont actio n of
the Cham ber of Com m erce in reg ard to th is su b ject will Induce the
m em bers to ce-operate in th e m ovem sot against- this u n j i s t an d un­
law ful tre a tm e n t of o u r p o rt, so injurious to tha cotton business.
T he subject of im proving th e irre g u la r m ethod of p ic k in g a n d cov­
erin g cotton h as O ontlaued to engage th a a tte n tio n of tha Bo u -1 of
M anagers durin g th e p a s t year. An ,-x teaslv e oorces iandonoo in
relatio n to th is m a tte r has bean c arrie d on w ith th a principal e x ­
change* of th is co u n try and th > Liverpool lo tio n A ssociation, an d wa
tr u s t th a t th e p re se n t ag itatio n will bring n"> >it the debt*®! reform .
Tins tran sactio n s in cotton for fu tu re delivery for th e y e a r h ave
aggregated 5 1,889.601 halos,as a g a in st 32.110,400 b ile s la s t y e a r an d
40,962,300 bales in 1893 01,
The rep o rted s ti«* of sp o t cotton, as com pared w ith th e tw o previous
seasons*, a rc as follow s, viz.:
1895-96.
1894-95.
1893-94.
Bale*....................... ................. 342,712
253,753
295,575
“ D uring th e p a s t y e a r th irty -th re e m em berships h a v e b een t r i m s '
f e rr e t an d tw enty-five now m um pers have bean ad m itted . Die to ta 1
num ber of certificates of m otnbersbio o u tsta n d in g rein sins a t 454.
“ th e re p o rt of the tru ste e s of th e g ra tu ity fu n d show s assets of
893. m l 25. of which $80.010 Is lo m ed o n real esta te an d $38,131 25
Is on deposit w ith th e New York Life In su ran ce <Ss T ru s t Company.
A ssessm ents d o e an d unpaid, I. >70; accrued in te re st, $1,13 ). T o ta l
assets. $93,331 25; to ta l liabilities. $17,375; assets over liab ilities,
$30.«58 23.
"B v reference to the estim ate* prep vred by th e E xecutive Commit,tc®
it will be aeon th a t th ere will probably be a su rp lu s for th loom ing
y - a r of 810,900 from the building an d 8100 from th e E xchange, based
upon do, 1 a t 850, m aking th e to ta l proflt- $11,000.
“ to view of th e very favorable condition of th e fluauces th e Board
recom m ends th a t the tines f ,r th e c o m in g y e a rb e fixed a t 8o0 and th a t
ooch m em bership bo credited w ith th e sum of $20 fro m tha earn in g s of
th® building,
"T he E x ecu tiv e C om m ittee r e p ir ts th a t for the tlscil y e a r ending
April 30, 18U8, t h “ n e t profit realized from th e building h as be*n
472 18. an d from th e E xch an g e $ '0 3 7 1, m aking a to ta l of 811.180 89.
In view of the foregoing the co m m u tes recom m end th a t a dividend of
$20 be d eclared on each m em bership.
•■There a e a t p re se n t th ree unrelated offices tn the b u ild in g , of an
ag g reg ate re n ta l v du e of 81,700. an d th e roll of re n te d office* am o u n ts
to $81,500, a s a g ain st $ 3 1 ,3 8 1 19 last y e a r.”

A considerable portion of the Sea Island cotton shipped to
foreign ports goes vis New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
E g y p t i a n C r o p .— T h e statement of the Alexandria Gen­
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week will be found eral P r o d u s e A** Delation f o r April 30 is as follows :
under the head “ Shipping News,” on a subsequent page.
" The p rep aratio n of the lau d an d th® sow ing of th e co tto n w as
in good tim e th is y e a r th ro u g h o u t tue g re a te r p a rt of low er
Quotations May 29 at Savannah, for Florida*, common, mail,;
E gypt. The seed cam e up w ell; v ary little h v l to be re-aown. To this
lOJsjb.i medium fine, 13c.; choice, 18c.
th ere w ere a few a ic e p ti m s, i.otablv the laml* belonging to th e S ta te
Charleston, Carolines, medium fine, 20c.; fine, 2J@'33o,; dom ains Th® p lant* ar® in a tiotm al condtti in, b u t ow ing to tha cool
tem p eratu re of M arch and April arc n ot in a forw ird s ta te T he are a
fully fine, 25c,; extra fine. 26®17c.
N e w Y o r k C o t t o n E x c h a n g e —T w e n t y S i x t h A n n u a l
M e e t i n g . — The twenty-sixth annatlmeeting of the N iw York

Cotton Exchange, held on fueidiy, Mw 23, was of short
duration. Printed copies of the reports of tti * various officers
having been previously distributed, their reading was for the
most part dispensed with. In thafr joint rep ort President
Siodenbnrg and Sscretary Robinson expressed their satisfac­
tion at the continue'! prosperity of the organization, and said:
" Notwithstanding the pas- year hasbe*a one of dnlnnss and tiepr»Mloo in many branches of trade and flounce, owing chiefly to Hie

uud-T cotton cu ltiv atio n in low er E gypt i* a t least equal to th i t of 1ts*
year, a n d in som e district* a s i g h t inorea*e is rep o rted . A* reg ard s
th» qualities sow n, Mitattfl. prednm in me* m ore an d in u re; S atnieh is
st.i 1 sow n in a sm all p a r t of those district* producing th is q u ality .
White Is ex trem ely restricted , an d a slig h t i icreaa* ha* been m ade ia
th e tria ls of Ab assi. In upjier E gypt a u d th e Fayouin, the s ta te of th e
grow th and of th® p lan ts iu general is a b o u t id en tical w ith th a t of
low er E gypt H ere, how ever, th e lioreas® of are a th is y e a r is m o-e
considerable, 20 to 30 per c e n t being spoken of. Owiog to th is
increase th a sow ing, although earlv oommcuued, was n o t finished la
ih e Fayonm until q u ite late y. W ith a few exoeotiou* in f tv o r of
Mitafifl. Aghmoitni is exclusively sow n in these provinces. W ater is
a b a u d a n t everyw here, an d th» Held* are easily irrig a te d .’- ’
—

996

TH E

W eather
m o m eter

R ecord for

anc

r a in fa t

A .P R IL .— B e l o w

res ord

we

fo r th e m o n th

g iv e
of

The

fig u r e s

are

fro m

th e

records

of

th e th er-

A p r il

p r e v io u s m o n th s o f t h is a n d la s t y e a r a n d th e t w o
y ea rs.

CHRONICLE.

p r e c e d in g

th e

W e a th e r

B u r e a u , e x c e p t a t p o in ts w h e r e t h e y h a v e n o s ta tio n , a n d a t
t h o s e p o in ts t h e y a r e fr o m r e c o r d s k e p t b y o u r o w n a g e n t s .

Ihsrmometer

January.

February.

April

March.

1896 1895 1804. 1Stiff 1895 1894. 1896 1895 11894. 1890 1895 1894.
V IRGINIA
Norfolk,

65-0 70-C 680
14-0 15-C 29*0
390 40V 44*0

70-0 08*C 74*0
11*( 1 a-r 21*0
43*0 S2*C 43*0

76*( 70*0 88*0
28*( 29*0 24*0
40*( 47*0 52 5

95*0 84*0 80*0
33*0 39*1 37*0
30*0 53*0 50*0

N .C A R ’LA.
Wilmington
H ig h e s t... 66-0 74V 75*0
Lowest.— 17-0 20'( 31*0
A verage... 44*0 40-( 50*0

72*( 74*1 700
12*( 10*( 25*0
48*( 37V 50*0

78*0 82 f 87*1
2h*( 29*( 27*0
52*0 532 00*0

89*0 81*0 84*0
38 V 3 7-C 41*0
63*" 61*0 02*0

090 ' 70*0 72*0
10*( 8*< 20*0
42*5 3 *2 43*4

77V 840 87*0
24*( 20V 23*
47*7 48*2 54*7

94*0 ,8V0 85*0
29*0 32*0 32*0
01*9 57*1 5?*0

70*0 69*0 09*0
0*(
1*( 10*0
44*3 32*8 45*0

77*C 84*0 85*0
20*( 2 VC 20 0
40*2 49*2 50*0

94*0
80*0
35*0
04*8 50*4 59*0

71*0 71*0 71*0
8*( 4“i 18*0
44*0 32*0

780 85*0 89*0
23*( 25*( 21*0
48 C 49*0 56*0

95*0
31*0
04*0

00*0 r»0*o 50*0
4*( 2*0 12*0
34*4 284 34*2

07*0 75*< 75*0
20*C 25*( 20*0
40*4 44*8 49*1

80*0
80*0
32*0
32*0
59*0 55*4 49*0

72*0 70*0 70*0
18V 12"t 290
52*0 4L*0 53*0

81*C 81*0 84*0
35*C 34*' 32*0
50*0 60*0 61*0

89*0 82*0 86*0
44*0 45 0 44*0
06*4 04*0 65*0

L o w est...
Average..

59-0 67-0 07 0
L o w e st.... 13-0 10-0 24*0
A verage... S8'0 38-3 42*0
H ig h e s t... 03-0 60-0 04*0
14’0 3*( 24*0
A v erag e... 40-1 39*0 45*0
Raleigh—
H ighest.... 00*0 69-0 09*0
14‘0 0*0 25*0
A verage... 39 0 39*0 41*0
Morgantcn —
H ig h e s t... 61-0 02*0 58*0
8-0 0*( 10*0
A v erag e... 33-7 30*9 33-3
a. CAROL’A
Charleston.—
H ig h e st... 64-0 72*0 7 f0
L ow est__ 27-0 22 *f 30*0
A verage... 48-0 49*0 53*0
Stateburg.—
H ighest.... 66-0 720 74*0
L ow est__ 19’0 12C 29*0
A verage.. 44-1 4o*I 401
Columbia—
H ig h e st.,.. 68-0 73*0 74*0
L ow est__ 16-0 10-f 27*0
A verage .. 43-6 45*2 49*2
Holland, H ig h e st.... 70-0 71V 68*0
Low est .. 12 0 8'C 21*0
A verage... 08-0 41*6 40 4
Greenwood—
H ig h e s t.
04*0
L o w e st.... 18-0
A verage... 38-3
GEORGIA.
Augusta.—
H ig h e st...
L o w e st....
Average..
Atlanta
H ig h e st...
Low est —
A v erag e...
Savannah.—
H ig h e st..
L ow est__
A v e ra g e...
Oolumbus.—
H ig h e s t...
L o w e st—
Average..
Forsyth.—
H ig h e s t...
L ow est__
A v e ra g e...
FLORIDA.
Jacksonville.
H ig h e s t...
L o w e st....
A v erag e...
Jampa.—
H ighest. ..
L ow est—
A v erag e...
Jupiter—
H ighest....
L o w e s t...
A verage..
Idllahassee—
H ighest ...
L ow est__
A verag e...
A LABAM A
Montgom'y.—
H ig h e st...
L o w e st....
A v erag e...
Mobile.—
H ig h e st...
L o w e st....
A v erag e...
Newton—
H ig h e st...
L o w e st....
Average. .
Birmingham
H ig h e s t...
Low est__
A verag e...
Florence—
H ig h e st...
L ow est__
Average-..
LOOIS’NA
N. Orleans.—
H ig h e st...
L o w e st....
A verage...
Shreveport —
H ig h e s t...
L o w e st....
A verage...
Sr'd CotcaiirH ighest....
Low est —
A v erag e...
UbertyHillH lg h e st....
Low est—
Average..
m i s s i s s ' pt

75V 75*0 73*0 84*0 85*0
12V 9*( 23*i > 30C 30 (
49-4 37*3 49*0 53*7 54*2
78*0 75*0 75*0 85*0 85*C
10*0 8*( *22 0 20*0 28*C
47*$ 37"i 50*e 52*4 54 V

80*0
58*0

87*0
200
60*4

91*0
86 0
38*0
67*3 01*9 03*0

900
25*0
6 J‘4

96*0
93*0
33*0
38*0
08*2 019 60*0

78*C 84*0 86*0
20'C 24*C 1ST
50*C 50*9 50*3

93*0
89*0
33*0
04*2 59*1 59*1

70*0
12*0
43C

70*C
28*C
51V

96*0
38*0
07 0 01*0

70-0 73*0 73*0
18-0 n r 20*0
452 45*0 50*0

75*0 75*0 74*0
15*0 8*0 250
492 38*C 49*5

87*0 84*0 88*0
28*C 3 IT 25*0
54*0 55*0 00*4

68*2 02*0 04 0

07-0 00*C 60*0
14*0 5’C 18*0
41-8 40-4 46*7
70-0 74*0 78*0
220 23*0 32*0
49-0 50 0 54*0,

09*0 70*8 08*0
10*0 0*(! 19*0
45*3 34 4 45*0

80*0 83*0 82*0
24*0 23*0 19*0
49*2 51*5 50*7

89*0
88*0
3o*0
65*6 60*4 62*0

75*0 78*0 78*0
21*0 12*0 29 0
51*0 43*0 54o

88*0 84*0 88*0
34*0 37*0 31*0
580 58*0 04*0

90*0
87*0
42*0
09*0 05*0 00*0

03*0 70-0
18*0 250
43*0 43*8

03*0 01*0
0*0 22*0
32*0 48*0

77*0 81*0
33*0 23*0
53*0 00*0

850

700 74*0 74*0
19*0 15*0 31*0
48*4 48*1 53*7

78*0 78*0
8*0 200
41*9 52*9

87*0 90*0
3 )*0 22 <
57*0 47*3

05*8 07*2

75-0 79*0 79*0
24-0 20*0 30*0
5A0 50*0 49*0

70*0 70*0 80*0
27*0 14*0 33*0
57*0 480 59*0

88*0 81*0 87*0
35*0 40*0 32*0
01*0 03*0 00*0

48*0
70*0 07*0 09*0

79*0 80*0
31*0 41*0
01*0 04*0

77*0 77*0 80*0
33*0 22 0 36*0
58*0 54*0 05*0

80V 83*0 81*0
40-0 33*0 40*0
02*0 61*0 03*2

83*0 77*0 84*0
37*0 19 o 35*0
63*0 53*0 01*2

85*0 82*0 87*0
38*0
39*0
05*0 06*0 080
82*0 87*0 88*0
43*0 39*0 30*0
08*0 05*4 07*0

72*0 08*6 09*8

74-0 72*0 72 5
23-0 22*0 31*0
bO-8 b0*3 55*3

72*0 75*0 77*0
27*0 11*0 28 0
52*9 44*6 54*3

83*0 8V0 83*0
30*0 29*0 29*0
59*1 59*3 02*8

71*4 04*4 082

74*0 73*0 73*0
19*0 15*0 21*0
40-0 47-0 52*1
71-0 72*0 77*0
23-0 21-0 24*0
49*0 49*0 55*0

74*0 73*0 76*0
22*0 8*0 25*0
50*0 40*0
72*0 73V 77*0
28*0 2*0 300
53*0 44*0 53*0

87 0 80*0 80*0
32*0 29*0 25*0
50*0 57*0
75*0
78*0
31*0 330 30*0
57*0 50*0 00*0

730
19*0
40-0

75*0
28*0
50*3

75*0
22*0
51*0

87*0
200
58*0

86*0
23*0
56*0

680

70*0
13*0
50*4

70*0
22*0
50*0

87*0
27*0
02*0

84*0
25*0
53*0

85*0 82*0
40*0 49*0

83*0 82*0 81*0
24*0 24*0 19*0
49*0 51*0 55*0

85*G 89*0

14-0

44-8

04-O1 09*0 67-0
130 0-0 3*0
420 39*0 450

08*C 74'f 72*0
-10V —0*0 16*0
55*6 34*2

71’C 72*0
13*0 —1 0
45*0 34*u

700 77*0 79*0
23-0 27*0 23*0
52*0 52*0 58*0

73*0 74*0 78*0
37*0 16 0 32*0
50 0: 45*0 550

72-0 77*0 760
19*0 18*0 18*0
46-0 44*0 51*0

93*0
3»*0

90*0
40*0

650 03*0
88*0

70*0 09*0 72*0
85*0

Thermometet

and

87*0

90*0
40*0 43*0
05*0 07*0
83*0 82*0 83*0
41*0
51*0
09*0 60*0 09*0
83*0 89*0
04*6 07*0
01*0 00*0

60*0 02*0
84*0 97*0 83*0
49*0 50*0 55*0
71*0 07*S 71*0

72*0 74*0 78*0
31*0 4*0 23*0
51*0 40*0 47*0

81*0 81*0 92*0
41*0 39*C 320
61*2 02* 03*0
82*0 84*C 82*0
30*0 310 30*0
57*0 58*0 59*8

73-0 77*0 76*0
25-0 27*0 230
51*3 52*4 53*5

76*0 70*0 82*0
85*0 12*0 29*0
55*5 44*9 54*2

81*0 84*0 82*0
36*0 37-G 35*0
00*8 62*7 64*2

80*0 87*0 80*0
41*0 48*0 53*0
70*4 67*4 72*0

77*0 78*0 77*0
10*0 15*0 13*0
47-0 48*0 43*0

78*0 78*0 82*0
28*0 4*0 21*0
53*0 41*0 51*0

90*0 88*0 88*0
24*0 2 V0 22*0
57*0 57*0 55*0

03*0
35*0
64*0

H ig h e st... 70-0 72*0 82*0 70*0 72*0 80*0
L o w e st.... 10*0 8*0 100 18*0 3*0 24*0
A verage. . 62-Q 54-0 54*0| 54*0 45*0 53*0

84*0 82*0 82*0
20*0 32*0 200
50*0 57*0 54*0

O'VO
42*0

87*0 88*0
40*0 39*0 48*0
69*0 600 08*4

LVol, LXII,

January.
j February.
March.
Apri .
1890 1895 1394. 1899 1895 1894. 1390 1895 1894. Il890 1895 1894.

MISSISS’PI
VtCHi urQ—
H g h e st... 74*0 70*0
fOWe t ... 22*0 19V
Av *ra-ie.. 47*0 40*0
LAand—
H ighest..., 79*0 70T
L ow est.... 10*C 1VC
A verage.. 44 0 42*

76 0
16*0
53 0
ST
12

50*5
H ig h est.. 70*0 78-0 75*0
14*1.
14*0
Average.. 47*5 48*2 45*5
Kosciusko H ighest.. 72*0 74V 73*0
L o w e st.... 15*0 14*0 10*0
A verage . 43*7 43*0 43 0
Waynesboro
H ig h e s t... 06*0 70-0 73*0
L ow est__ 2 )*0 210 17*0
A verage... 44*0 40*0 41*0
ARKANS’3
Cdttle Rock —
H ig h e st...
L o w e st....
A v erag e...
Selena—
H ig n e st...
Low est ...
A verage...
Eort Smith—
H ig h e st...
Low est ...
A v e ra g .
Camden—
•H ig h e s t...
Low est —
A verage...
CorningH ig h e s t...
Low est —
A v erag e...
TSN NES’E.
Nashville.—
H ighest.
Low est. ..
Average..
Hemphis.—
H ig h e st...
L ow est—
A v erag e...
Ashwood.—
H ig h e s t...
Low est —
A verage...
Wier—
H ig h e st. .
L o w e st....
A verage...
TEXAS.
Silveston.—
H ighest....
L ow est...
Average..
Palestine.—
H ig h e st...
Low est—
A v erag e...
Austin.—
H ighest....
Lowest ..
Average...
Abilene.—
H ig h e st...
L ow est—
A verage...
San Antonio.
H ig h e st...
L o w e st....
A verage...
Huntsville —
H ig h e st...
L o w est....
A verage...
Longview—
H ig h e st....
Low est ...
A verage. .
Stafford—
H ighest....
Low est —
A v erag e...

84*0
27*0
01*0

86*0 88 0 8H*0
4 iv 43*0 43*0
70*0 03 0 07*0
80 0 33*0 88*0 S4*0
2V i 87 V 30*0 42*0
57*1 08V 02*8 034

8«*0 86*0 8 *0
35 V 23*0
55*4 00*1 59*1

90'0 95*0 0 VO
33*0 3 vo 42*0
09*4 00*0 00*3

71*0 75*0 76*0
2 TO 4*0 220
17-9 40*0 49*0

80V 83*0 SVO
25*0 30*0 23*0
5*3*1 57*0 5 TO

890 80*C 35*0
49V 38*C 45*0
05V 03V 05*0

75*0 70*0 75*0
22*0 10C 25v
51*4 37*7 50*0

80V 90*0 95*0
27V 28* 25*0
5TC bS*0 53*0

90V
30*0
70*1

00*0 73*0 72*0
15 0 12*0 1*0
41*4 37*2 44*0

73*0 72*0 07*0
24*0 —2 0 23 0
46*0 3i'0 41*2

78*C 87*0 84*0
27*0 25*0 24*0
-49 5 52*4 55*3

87*( 83V 89*0
34V 3 vC 4 2*0
68*4 03'2 03*2

65*0 75*0 72 0
14*o 120 0*0
41*3 3 9*2 45*4

70*0 74*0 07*0
2TO 0*0 17*0
45*8 32*4 42*7

83*C 86*0 80*0
2 i*C 27*0 24*0
49*1 54.0 52*0

83V 87V 85*0
35V 44') 42*0
08*2 03*3 64*0

70*0 730 77*0
14*0 5*0 -7*o
4i*0 31*0 42*0

76*0 74*0 67*0
25V —7*C 15*0
45*0 33*0 40 0

84*0 87*0 84*0
25*C 10*0 20 0
49*0 b ro 54*0

90*0 90*0
32V 39*0
02*0 03*0

68*0 78*0
14*0 12*0
43*0 40*2

73*0 73*0 71*0
22*0 -2*0 22*0
40*0 33*0 43*0

85-0 85*0 S5*0
23*0 24*0 24*0
520 bl*0 5V5

9C*0 S9‘0 88*0
30*0 330 37*0
08*0 02 8 05*4

02*0 68*0 70*0
9*0 —3*0 —30
39*2 31*0 38*4

74*0 76*0 65*0
16*0 -S T 15*0
41*0 28*2 30*3

75V 82*0 81*0
19*C 20*i' 19*0
41*1 45*8 52*0

91*C 93 V 91 0
3 VC 33V 34*0
00*8 0 L’o 59*3

03*0 04*0 08*0
10*0 -3*0 —2 0
39*0 35*0 430

74*0 75*0 71*0
9*0 —0*0 1S*0
41*8 30 0 39*0

80V SVO 8 TO
2 «*C 2 2*0 18*0
45V 48*0 54*0

83*0 8 VO 90*0
3 vc 32V 30*0
00*J o9V 00*0

65*0 72*0 72*.
14*0 7*0 2*0
42 0 37*7 40*0
03*0 02*0 65*0
10*0 4*0 0*0
41*8 33*0 45*1

7 TO 74*0 70*0
18*0 —3*0 10*0
45*0 34*6 40*0

78*0 87*0 8V0
27’C 28 0 23 0
49*0 53*7 50*0

87*0 88V 89*0
39*0 38V 41*0
08*3 03*3 63*3

70*0 65*0 60*0
12*0 -4*0 10*0
40*0 30*9 40*3

78*0 80*0 79*0
28*0 30 *U 20*0
59 C 51*2 53*2

83*0 80-0 87*0
34*0 35*0 37*0
6 VC 59*0 59*3

40*0 06*0
—TO -2*0
20*0 4 TO

60*0 00*0 00*0
9*0 - 6 0 9*0
40*0 30*0 383

80*0
23*0
45*0

08*0 71*0 72 0
32*0 31*0 24*0
53*2 53*4 53*0

7L*0 65*0 75*0
39*0 15*0 2.8*0
57*1 42*6 53*5

72*0 77*1 76*0
45*0 38 1 33*0
009 00*0 03*2

79*0 82*0 80*0
48V 490 58*0
09V 03*0 7V3

73*0 78*0 79 0
20*0 18*0 4*0
48*0 40*0 510
08*0 79*0
22*0 15*
41*9 53*1

70*0 76*0 81*0
32*0 —TO 18*0
53*0 40*0 47*0

84*0 85*0 85*0
29*0 27*0 27*0
53‘0 53*0 60*0

85V 87-0 80*0
30*0 37*0 43*0
080 00 0 70*0

74*0 70*0 78*0
10*0 5*0 4*0
45 0 42*0 45*0
80*0 79*0 81*0
270 25*0 10*0
54*0 54*0 50*0

74*0 72*0 74*0
24*0 -4*0 15*0
50*0 33*0 4L*0

900 87*0 92*0
230 20*0 24*0
51*5 50*0 58*0

90*0 89*0 95*0
2-1-0 38*0 47*0
08*0 06*0 03*0

8 TO 79*0 83*0
33*0 1TO 25*0
57*0 45*0 52*0

90*0 85*0 93*0
35*0 32*0 32*0
01*0 02*0 05*0

91*0 91*0 99*0
44*0 47*0 48*0
70*0 70*0 74*0

72*0 79*5 80*0
22*o 20*5 11*0
48*4 50*2 53 9
72*0 78*5 73*0
18 0 10*0 7*0
44*2 45*7 50*3

73*5 80*5 74*0
31*0 0*5 29*5
63*0 42*2 49*7

84*0
32*0
58*0

83*5
29*5
0T9

80*0 80*0 90*0
42*5 34*5 44*0
09*4 68*4 71*3

74*0 78*0 80*0
80*0 2*0 19*0
48*3 40*7 50*5

85*0 87*0 85*0
20*0 2 V0 28*0
55*9 58*7 59*1

91*0 90*5 92*0
36*0 3V5 47*0
09*0 67*0 69*3

74*0 85*0 81*0
250 20*0 3*0
5L*0 52*0 43*0

79*0 75*0 71*0
30*0 3*0 10*0
ro*o 44*0 41*5

87*0 87*0 91*0
34*0 31*0 27*0
00*0 01*0 58*0

93 0 89*0 92*0
44*0 33-0 43*0
70*0 02*J 07*0

73*0 6 TO 07*0 83*0 90*0 83*0
10-0 -8*0 7*0, 23*0 13*0 19*0
43*4 44*0 35'0l 40*4 5*1*0 523

92*0 88*0 85*0
28*') 30*0 38*9
04*1 0 VO 03*0

70*0 70*0
-TO - 8 0
J33*3 36*0
January.

February.
1896. 1895. 1894

N. CAR’NA.
Wilmingt’n R alnfall.in 2 45 4*80 3*70
5
14
Days rain..
10
Weldon.—
R ainfall,in 2*61 5*20 4*05
Days rain..
0
13
13

77*0
120
51*8

93*0
35*0
64*0

82*C
48 *C
70*0

89*0
30*0
53*7

720 77-0
1TO 23*0
42*8 48*4

1896 1895 1894

VIRGINIA.
Norfolk
R ainfall,in 1*89 4*30 3*54
Days rain..
0
11
12

M irch.

Aprii.

1893. 1895. 1894. 1893'1895 1394.

4*39 202 5*53
12
11
15

1*67 5*36 2*94
14
13
8

1*13 0 07 2*11
10
8
15

4*70 2*38 3*53
10
8
10

1*98 2*94 2*27
12
12
8

0*0 4 0*53 0*78
10
8
0

0*84 2*12 4*67
11
0
14

3*01 5*19 2*13
11
5
8

1*94 8*03 2*79
15
9
7

5*52 1*04

1*90 5*00 2*43
10
8
8

3*20 0*09 2*14
14
10
11

1*50 7*95' 1*74
7
17 1 8

3*93 4*05 0*85
7
6
7

1*58 4*15 2*15
11
5
7

R ainfall,in 2*20 5*S4 3*23 5*40 1*87 4 54
17
Days rain..
0
10
7
12
12
Raleigh—
R ainfall,in 2*87 7*44 4*00 0*7? 2*60 3 83
5
13
12
Days rain..
12
8
12
Morganton.—
Rainfall,iD 3*35 2*75 3*7l! 4*58 4*00 5*00
8
11
8
Days rain.
8
7
0

3. CAROL’A
Charleston—
R ainfall,in
Days rain..
Stateburg —
R ainfall,in
Days rain..
93 0 91*0 Columbia.—
32*0 40*0
Rainfall,in
04*0 60*0
Days rain..
Holland—
Rainfall.in
Days rain..
86 0 90*0 Greenwood —
33*0 40*0
R ainfall.in
01*0 01*0
Days ra in ..1

82*0
38*0
59 V
8 IV
23**]
59*5

75*0 80*0 70*0
2*f 19 0
51*8 40*2 40*2

INDIAN T.
Oklahama—
H ighest....
L ow est—
A verage...

Rainfall.

700 74*0 75*4 ! 8V0
4*0 27*3 I 30 0
51*0 41*0 48*7 ' 56*3
74V 75*0 75*0 78*0
24 V 4*<: 21*0 s w
47V 37 V 40*4 52*4

5

8

4*34 7*69 1*71
12
12
10

4*04 4*47 3*91
9
9
10

3*04 5*22 1*78
9
4
13

0*71 4*21 0*53
4
12
0

2*57 8*44 2*27
11
12
b

0*59 3*83 5*80
9
9
10

1*09 0*01 2 52
8
13
9

1*09 9*80 1*4*2
5
12
8

3*10 7*27 1*73
9
7 13

800 3*25 5*33
9
8
11

1*52 0*30 2*09
8
12
8

0*95 5*01 1 37
12
4
0

4*70 8*07 5*94
15
0
13

4*06 0*57 4*28
1
0
11

2*04 6*72 1*00
4
12
9

2*16 5*27 2*42
0
9
10

4*43
0

4*40
8

2*26 4*48
0

THE CHRONICLE

M a t 30, 1886.J

997

\
RmnfalL
GEORGIA.
Avgwta.—
Ram fall, 1/
Day* min.
Atlanta.—
HatafolMf
Days ru.m..
3<$®%nnah<~RutafaiUi.
D a r a in ..
Chtembm.Ram tali. In
Bays rata.
Forz’jth.—
Rainfall,Li.
Days min...

FVftru *rf/„ ;
January.
Match.
April.
1886. 1386. 1794. 1886. 1805 1394: 1896. 1895. 1891 |B95 1895. 1894.

T h e E x p o r t s o p C o t t o u f r o m New York this week show a
decrease compared with last week, the total reaching; 8,650
bales, against 13,473 bales last week, Below w e give our
usual table, showing the exports of cotton from New York,
1-88- 6’77 4*.r 7•091 1*41 *-0 2*04 3*71 5*1 2*47 and the direction, for each o f the last four weeks; also the
10
y
9
y 12 f 6 15
6
9
9 total exports and direction since Sept, 1, 1893, and in the Last
5 0< a m 2*0 M j 3*30 75" 2*9 - 0*5 5 8 3*58 o ilnmn the total for the sam e period o f the previous vear,
EXPORTS OF POTTOS 181.!.! g) PROM NSW YORK SIHOB SEPT. X, lg!>5.
12
10 | 9
15
11
a
9
8
G

3'->A 6-:?'
7 12
3U.*I 5 410 | 14
15
4*32 5*0/ O’S- j 2*9« 3*7- 3-9- 3*19 5 37 *2*8 15* 4*4
U ! 10
S 13 | 7 10
7 \ it
fe
7 12
.
4f2 2*8
11*2 3*5
.... 2*1 852
4*9
9 !
i
0
tl I H I
- *• 10
3*88i d 05
.... 5*8
3-P 9 8 f .... rt-a 37
7 j 10 n i
5
7 j ...
S
7
15

FLORIDA
iMMrnmmth
Rainfall,.In a-aai ve 2'2 1 i*e
Days min..
9 | 8
o ; n
l a mm-—
RainfalUlB , J 3*40
3-7
Days ruin..
! 9
I0.
I
RalafMl.t Z'&4 0*8* 4*-s 2-0
Days rain.
8 1
15
S
'ZaU&hmm#*Rais fullrS 5'2!' 6*6 r«. |
Day* Kali
0 r
K ■, 8

vi j

25- f 8*0
#1mt
12 ;
*: u
RalafaiMi rw-i 5 24 3*r | 7-7
Days rue .
0 § 16 U j. 11
TUnewyt BalmfaiT.ir. 5*K?1 .... 031 I 5'5M
Days min
10 j s
8 I ...
M rrnlmmm
S M sfil.D
- . . 8-i < 13
Days min.
U 1 n
RaiisfaiUn
• 8*3 «*W 8*2
Day* rain...
» | l«> 12
8

S-:i 7 1
m j u
m 1 -lie
to j ii
l-'ro ST®
7 l 9
5*^ ' 4*10
7
7

Day* rain,,.
Smciwim—
R*infa!!,in
Day* rate,..

i'7
8
Ovj
4
4*4
7

0 « i*4
2 13
o-» 5’3
2
B
1*5 4-5
0
it
1-3 3'3
8
*

9*7 3*0 1T0 i S*2^
3
in
w J y
-ii« 4'7- 0-70 •IT, j 8*147
50
0
8
10
M
4*8 4*7 4*14 8-0- I 4 85
8
11
[
7
5
7
8-2* 58 1*09 3-8'; 4*9~
dI 8
10 ,
4
*

4 3k ■04
8
<r-r-'
i t ■ It
r7 !
8*01
8 1# to
to
5-S* « 5 5*^7 V L
0 It
10
s
3*74* T l n s r
7 ! 8
0 [ 6
4*45 7H 3*|' 4*75
n
*
1 2

Day* into.,
ARKANSAS
urn* & xkr
1
te n fu lU r. 4*85 7*If
Day* min.
8 11
BtUnti —
KainfalMr i-n \ 9*81
riayi mia.
14) 0
T w i Smith-8ma.f*iyp i-*», « i
Item man
1.0 j 10
Rainfuiljn ev i: th «
Day* rate.. U 1 11
Ba&mmnM 2*781 3'47
Day* rain,. U j 10
T&!*?Sn£S‘£.
BatfiffetM* ; At 5-71
Day* rain. iu I 13
tefafKli,la 4*m '. STH
Day* rain. 15 { 11
AMhwmA—
RalnlWMn *■•*»! vso
f>&7 * mia.. 10 ; «
W ur—
te a « y i.in
fr»
Day* rala.
T8X.A3,
itetemteteim
RumtmltM 1-Wi 1-24
Day* rain..
8 | 8
Paiem nsRainfali.iB 7**17 2*42
Day* fate.
9 1C*
Rate.faiy*!
I'M
Day# min. a., i «
HAlnfmP,,ir> i*-i|- 1*15
Day# mia..
9
%
Ban AntrmU%
fUinfa U 2*90 1*21
Day* fain.. 13 j 4
B rtnUmVte—
t e n fail,!a 7*0*1 3*06
. Day# fain..
5 ! *
Limp'uw—
iialnfaiyn R-t* r u
Day* min.. 14 i 10
S ta frm lBMntmflAn 3**7 T m
Day* fain..
0
3
INDIAN T.
Oklammn—
RaiSfalUfi ...... 0*93
fJW** '***■*,.
3
•
r- yistrle

4*58 9*1
i
10 13 if
7-59 10*4* U 5 2*2
y 12
U
-1
3*88
5
4*41
rr
18
...
'
*
8*51
...
T-i. 5*3
it
u
»
& ... i Vi

3*5
12
4*3: 0*4*
17
li
3*8
8

1-70

mSSHKPl.
0§Citm b m .Riinfaji.i 2 3 0'S
Day* rata
m " m
VUkthurmRalafalM- 3t>»: m
Day* rw&m n ■ i?
Day* min

38 o r ;
3
7
3*2 n i
15
e

»*1-.

3*2! ? 7 m
• { 6
4-8*
011
1*9-4 1! 18#
i j 10
j 3 97
... | 7
2*19 j m *
10 l s

0*5 1*91 4*9 ‘
% 17 ! 1
I*70 58 1• s m
n
l? : »
1*3 $- 4 1
8
i
w
au? 7*81 «'2“
it
7
i
T7f 5*«6 4*a'»a
5 J; 5
'
1*15 W
* i 3T
4-9- 4*^t
8 I It
7*5# I 5*75
DO 1 w
5-5- s m
13
10
4*05 5*fi
8
ii
0-5 ■ 0*52
4 ; is
*

ctas

4
04
8
CFS0
8
1*00
7

4*2* 3*85 (rm 8'05 1 5*45
U
13
IS
13
4*03 3*10
7 9s ; 4'7*
n
9
7 13 i H
5*54 j 8 01 0*00 9-58 3*83
w
f
9
U
s *
5*41 r m 05 s-m 2*50
3
u
.
19
11
: «
a*4ii 2-7-, 4*03 2*80
17 j 11
11
U
r3**i 7*05 s-sn 3-0*7 j to
8 15
0^* 0*56
‘ ■fj
3
8
0*7# 2*32 0-85
m
5
7
8
4
1*42 2*34 3*07 0*52
9
10
t
6
5"10 7*07 8*70 3*31
9
4
#
S 1 S'* i
4*4-41
3*40
XT
»
?
7
f w l 7-7 4*53 3*41
5 j 0
5
*

0*14
t
o-«a
7
VO»
1.-80
7
7-47
*

3*741 0*14 0*07 111
#f 2
a
%

1*03
a

3*5“
v
1*77
§

3*9
14
30
12
•2-9
5
3*2
4
3*i
*

*Lf„\
Hatal

T pmerio
m ed
1p revious
x. j year.

E xported to—

M ay
8

M ay
15.

M ay
22.

M ay
29.

1-0
5

L iv e rp o o l....................
O th er B ritish p o r ts ..

1.474
3,349

8,461
454

4,354
1,385

2,418
751

223,343 327,489
87,547; 112,348

T o t . -re a r . l i s n ' s .

4,623

8,915

6,239

3,169

316,390.

434,837

f f a r r o ..........................
0-83 O
th er F reneh p o r ts ..
4
T
otal F r b s c ii —
1*38
4
B rem en . —
—
a 17 IT im hurg.....................
7 O ther p o rts..................
3'53
T ot . to N o . E u r ope
7

72

259
.........
259

1,45

842

27,347
200

38,115
975

145

■

ALABAMA
Baleful U'
Day® ruic.

LOL'BA.VA
S»w Orillia
RaisfalU*
Day* mia
Shrewtparto*RabaifaiM*
Day* ram.
Qrd. €bt«au
RainfiiiM’
Day# mi a
RaiafaiU
Day* ruin

3 6- a-Lj
11 !
3*9 2*7’!
9 |
9

2‘5.1 3*6
0
7
2*13 2.-05 10
3-.r 1*05
'
6*0# §*>'
o
&

Week E n d in g —

0 61
0
1*81

3*40
13
1*98
10
5*31
4*43
5
2*73
i

3*81 5*9 •Til 2*5* 4*71
12 13 ■ 3
6
7
4.-9 0*8* A03
4*8**
5
3 13
Mi
u
■4*8
1*10 1**2 4*82
7
S
5
«
5*r- 8*9 ; 0B-'
4*21
.8
6
#
.1
8

72

642

27,547:

39,090

151

3,628 3,010
508
115
953
818

90,713*
33,031
51,565

53,978
58,592
68,392

7Si

5,039

630

501
200
1,263
1,969

3,073

i 75,314:

178,962

Spain. Ita ly , Ate.........
All o t h e r .....................

100

1,393 1,999’
850

666

65.278'
2,172|

80,353
928

T otal S pa in , A c ..

100

2,243

660

67,4501

81,281

1,999

G r a s p T ota l —
6 .9 6 1 1 2 ,LOS 13,472 8,650 5 8 6 .7 0 1 ; 731,170
T h e F o l l o w i n g a r e t h is t i a o s a B s o k i p t s o p C o t t o n a t

New York, Boston, Philadelphia and Baltim ore for the past
week, and ain%e September 1, 1895._______________________
N lW YORK.

Receipts
from—
S ,O rle a n s -.

a.eio

257,813

2.O09 200,779
T ex as.
SaviKo’h &e| I*S07 237,805
M obile....
8,131
F lo rid a ...
95#

70,493
28,090
1 ,008

230
?S

SS.OSS
7,709

M 07

m
Twin.. Ac...
F oreign-....

ao*To».

Thit Sine#
Vitek. S sp t.l. wetk. S a p t.l.
TAG 1 Since

1,083
.. .,
.....
€09
1,092
1,718

, .........
15,812
115,807

PKILADILPH’A

Thi»

Since
1creek. S e p t . l
......

sn

. . . t ....
........
3,429

2,374
......

..
01,375
185,797
121,523
49,908

BAL-miOHE.

Thit Since
t066k. Seyt. 1,

251
407

..........
4,545
4.219
41,844

1|S72
326
.........
4,072

...A ...,
53,894
**»#*»*
. . . . __
........
75,980
........
47,531

177,411
33,294 no.<ira 4,688 579,8.42
54,03?
744
4*25 4*05
§
8
5,7flll
318,058
16,707
1,338,815
4,705
163,373
660,541
1,583
***£!£Hu.
1*25 v m
11
U
States the past week, as per latest mail returns, have reaahed
2-28 4*63
7
8 38,586 bales.
Total bales.
2 9 ' 5-71 N ew Yo k e —T o Llvernool, p e r ste a m e r Cufle, 2.35S up lan d and
7
9
60 Sea Isla n d ................. ............................................................. 2,418
751
To H ull, per ~ team er Galileo, 7 5 1 ........................................—
0-00 1*79
To H avre, per ste am er La N orm andie, 712 uplan d a n d 100
Q
2
842
Be# Cal md ............................................ ...................... .......
To Brem en, per ste am ers D resden, 2 ,1 0 9 __ T rave, 601........ S.nlO
mm 2*34
e*r‘
S
115
6
T
4
TO H am burg. per ste a m e r P russia, 1 1 5 .:................ ..................
818
To A ntw erp, per steam er K ensington, 8 4 8 .........................—
To Genoa, p e r steam ers O lym pia. 3 1 5 __ W erra, 351 —........
3,650
N
ew
O
ri
.
kanh
T
o
Liverpool,
p
e
r
ste
am
er
Ja
m
a
ic
a
n
,
3
,6
5
0
—
9-0'
274T
7*71*47 4*19
To H am burg, p e r ste a m e r O heraskia, 2,074................... „........ 2,074
3 12
>* 10 ; 3
100
To R otterdam , p er ste a m e r A spatrla, 100......... ........ ...............
4-4# u r n 5*5? 2*5- 7*03
To Genoa, p e r M inner San Giorgio, 5 ,5 0 3 ................................ 5,503
u
8
5,193
S j 10 to
G alveston - To L iverpool, p e r ste am er Ida, 5 ,1 9 3 ----------------405
To H am b u rg , p e r steam er Phoebe, 1 0 5 ......................................
1*41 8*M S avannah
2-7-8 6-SM
—To B arcelona, per steam er St. FUlans, 5 ,0 5 0 ........... 5,050
IS 13
14 10 j.
200
To Venice, p r steam er St. FiU ans, 2 0 0 .....................................
5*81 11*87 4*88 m i 7*77 B o s to n —To Liverpool, per steam ers Oam brom nn, 8 5 — C ata­
4 n
12 U ! 4
lonia, 0 5 6 __ R om an, 70 u p lan d and 100 Sea a l a n d —
1,760
y tv n n la, 8 4 9 ,.......... .............................................................................
r t# 6*60 : 4*2" 1*71 2*88 B a lt S
im o r e - T o Liverpool, per ste am er Tem plem ore, 1,000 u p ­
0
10
0
9 , i?
lan d an d 853 Sea Isla n d ............................................................... 1,053
50
To H avre, p e r ste am er Govlno, 5 0 ..............................................
To Brem en, tier steam er Muoohen. 3 ,152................................... 3,152
50
S*06» *-«u 2*9*2 3*07 4*05
To H am burg, per ste am er M oravia. 5 0 ........... ............. — . . . .
14
li
9
u
9
453To i vurp, per ste am er Belgian K ing, 4 5 9 ....... ...................
337
Liverpool, p e r steam er Waeslanrt. 3 3 7 .........
7-01 10*9" ■ 3-7h 2-n 8*45 5PtULAOEU-aiA-To
300
as F rancisco —To Yokohama, per ste am er Doric, 3 0 0 . ...........
7
9
9
14 12
4*53
T otal ..........
38.588
i*n 3*33 . 4*97
6
8
7 , a . 7
The particulars of these shipments, arranged in our usual
3*03 form, are as follows.
4 '1 ' | srm
4
12 ....
....
T
Brem en R'clam IVlona,
at B ant- ct Ant- G enoa« TokoLiverpool, 3 n ’t. Bavre. burn. m r p . Vemce, hanta, Tola l.
8,650
666 ____
812 3,125
848
751
277 l-»i 1*19 0*33 1*43 New Y ork. 2,4 IS
....... 11 327
100 5,503
. . . . . . 2,074
N. O rleans. 3,650
5
0
6
« s 8
5,598
405 . . . . . .
. . . . . .........
G alveston.. 5,193 . . . . . .
2*35 8*17 Savtum alL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,250 ......... , 5,250
4*3*
12
T
in
u
.......
1.760
. . . . . . . . . . . ....... .
......
Boston. ... 1, 60
.......
5,361
459 . . . . . .
Baltim ore., 1,653
50 3 ,2 0 2
....
*—
337
. . . . . . . . . . . . . . . . . . . . . . . . .........
Phlladni'a..
337
300
300
...... ......
. . . . . . .........
8»n F r a n ..
0*15 1‘86'i i l l 2*3- 1-33
S
7 , 2
5
751
892 8,898 1,407 11,419
T o u t . . . . 15,011
0*29 2*85
2*21 0*gC’|
Below we add the clearances this week of vessels carrying
fj
9 cotton from United States ports, bringing onr data down to
4
U
4*3 30P 2*4 .2*45 the latest dates:
l
A
& G alveston —To L iverpool—May 23—S team er Alicia, 6,113.
0
7*07
2-®* v m 4*25 New O r lean s - T o L iverpool May 2 8 -S te a m e r Vesta, 3,300.
**W
Vo O o p en h ae en -M ay 22—Steam er Nicolai II., 4.011.
7 11
14 . 5
u
To G enoa—May 28—S team er P ortuguese P rlnea, 5,096.
0*74 5-2# 3*15 VW 5*43 Boston—To Llveroool—May 21—S team er N orsem an, 815 ...M aV 2 2 —
4
7
4
3
7
•Steamer O.pBivl ,nla, 1 7 1 ....M a y 25—S team er K ansas, 561---May 20—S team er V ictorian, 887.
B a l t im o r e - T o L iverpool—May 20—S te a m e r V edam ore, 1,061 upland
and 417 Sea Isla n d ....M a y 2 7 - 8 te a m e r Sedgeraore, 296.
0*82 4*79 1*02 o r 2*82
H
9
5
7
tl
To B rem en—May 27—uteam er Crefeld, 1,235.
Ban F ran'TSOO—T o Liverpool—May 11—Ship fi. Baggio, 200.

7*4*' 5*9^ 40
f)
10
9
4-47
i
VS
“
m® 9 72 '
it
4
9
7-7 S*4-» 4*7i
3
9
11
ra# 5*3 ■8H9
8
e
a

TH E

998

CHRONICLE.

Cotton freights the past week have been as follows.
S atur.

Wednes. Thurs.

Tues.

Mon.

L iv e rp o o l............ xL
Do
............ .d
.C
H a v re , a sk e d

transacted was principally on private terms, but included
No. 1 Northern at 3c. over July f. o. b. afloat,
F ri.

332
___
251
...»
D u n k i r k ..............
19^201
B re m e n ................
....
D o ................
221
H a m b u r g .......... .c
....
Do
............ .c.
A m s’d a m , a s k e d . e. 2 7 % t
341
B e v a l, v . H a n ib .c.
32t
D o v . H u ll.. .d.
....
B a r c e lo n a .......... .d.
261
G e n o a ............... —
T rie s te , J u n e . . . d .
®64
A n tw e rp .............
3.42
G h e n t, v . A n tw ’p .d
%
♦ d e n t s n e t p e r 1 0 0 lb s .

332
332
s 32
....
....
....
....
251
2
5t
251
251
....
....
...
1 9 3 301 1 8 3 1 9 1 18 ® 1 9 1 1 8 » 1 9 t 1 8 9 1 9 1
....
....
....
....
....
221
221
22i
22t
22t
....
....
....
....
....
27% t
27V
27%1
27 % t
27% t
341
34t
341
311
3It
321
321
321
321
321
....
....
...
....
...
261
261
261
261
261
“32
98I
“32
“32
33li
S32
332
3 .2
S32
*8
%

L i v e r p o o l .— B y c a b le
s t a t e m e n t o f t h e w e e k ’s

from Liverpool we have the following
sales, stocks. &c., at that port.

SS 1

3'ia
....
25t

M ay 8.

M ay 15

M ay 22

M ay 27

5 6 ,0 0 0
2 4 ,0 0 0
B ales o f t h e w e e k . . . . . . . . b a l e s
6 8 ,0 0 0
5 8 ,0 0 0
1,200
800
900
20 0
O f w h ic h e x p o r te r s t o o t: . .
800
900
1 ,0 0 0
700
O f w h ic h s p e c u la to r s to o k .
5 0 ,0 0 0
5 1 ,0 0 0
2 2 ,0 0 0
B ales A m e r i c a n . . . . . . . . . . . . . . .
5 6 ,0 0 0
3 ,0 0 0
5 ,0 0 0
2 ,0 0 0
6 ,0 0 0
A c tu a l e x p o r t ............... . . . . . . . .
6 1 ,0 0 0
6 3 ,0 0 0
2 8 ,0 0 0
7 7 ,0 0 0
F o r w a r d e d .....................................
1
,1
1
2
,0
0
0
1
,0
7
5
,0
0
0
l,0
8
o
,0 0 0
1
,0
9
0
,0
0
0
T o ta l s to o k —E s t i m a t e d .......... .
9 1 7 ,0 0 0
O f w h ic h A m e ric a n —E s tlm ’d 9 5 0 ,0 0 0 9 2 6 ,0 0 0 9 1 0 ,0 0 0
4
9
,0
0
0
3
4
,0 0 0
3
9
,0
0
0
5:9,000
T o ta l Im p o r t o f t h e w e e k ------3 1 ,0 0 0
3 7 ,0 0 0
3 6 ,0 0 0
4 5 ,0 0 0
O f w h lo h A m e rlo a n -------6
1
,0
0
0
5
2
,0 0 0
1
0
6
,0
0
0
8
5
,0
0
0
A m o u n t a flo a t.........................
5 0 ,0 0 0
3 5 ,0 0 0
9 5 ,0 0 0
7 0 ,0 0 0
O f w h lo h A m e r ic a n ..........

The tonq of the Liverpool market for spots and futures each
ay of the week ending May 29 and the daily closing prices
f spot cotton, have been as follows.
Spot.

S a tu rd a y M onday. Tuesday. Wed’day. Thursday. F riday.

M a r k e t, )
1 :4 5 p . m . j
M id .U p l’d s .

4932

B a le s ........ . .
Bpeo. & ex p .

6 ,0 0 0
300

F utures.
M a r k e t, £ Stead v ai
1 :4 5 p. m .J a decline.

4%

j

1 0 ,0 0 0
500

%
c
to

M a r k e t, ) Q uiet and
4 P. M. $ steady.

Quiet.

Quiet.

8 arelv
steady.

W eak.

£
c3
'd
o
w

|

The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
p g r The prices are g iven in pence a n d QUh.
3 6 3 -6 4 d .. a n d 4 0 1 m eans 4 1 -6 1 $ . .
S a tu r.

M ay 23 to
M ay 2 9 . 12 *2

M on.

1
P. M. P. M.

d.
M a y ..............
M a y - J u n e ...
J u n e - J u l y ..
J u l y - A u g ...
A u g .-S e p t...
S e p t.-O c t. . .
O ct.-N o v . . .
N o v .-D e e . . .
D e c . - J a n . ..
Ja n -. Feb . . .
F e b -M a rc h ..
M cli.-A pril..

4
4
4
4
4
4
3
3
3
3
3

14
13
11
10
06
0 '
00
58
58
58
59

T ues.

13
12
10
09
07
00
59
57
57
57
58

T h u rs.

F ri.

2:15 4 2:15 4
P.M. P. M. P. M. P.M.

d.
4
4
4
4
4
4
3
3
3
3
3

T h u s : 3 63 m ea n s

W ed.

c3
2
O

4
4
4
4
4
3
3
3
3
3
3

d.

d.

11
11
09
08
05
62
57
55
55
5i
56

4
4
4
4
4
3
3
3
3
3
3

09
09
0'
06
04
60
56
54
54
54
55

4
4
4
4
3
3
3
3
3
3

d.

d.

0‘ 4
04 4
03 4
01 3
59 3
56 3
53 3
53 3
53 3
5 4 :3

02
01
01
63
57
54
52
52
52
53

Sat.
M ay d e liv e r y ................... o.
67%
J a n e d e liv e r y .................. e.
,0. 67**8
67i*
J u ly d e liv e ry ....................o.
A u g u st d e liv e r y .............o.0. 67 *4
S e p te m b e r d e liv e ry .......e.
,c. 673 b
D e o em b e r d e liv e ry .
69%

Mon.

Tues.

07 *4
67
67%
67
67
6 8 7s

6f?»*
66%
66 m
6 5%
66
68

Wed.

Thurs.

66
6*3
§5%
«4%
65
66%

653*
65*4
65%
64%
64%
66%

F ri.
65
643*
6430
6 4 **
66H

The market for Indian corn futures has been quiet, but
prices have declined under free offerings, prompted by expec­
tations of a material increase in the crop movement and in
sympathy wish the break in wheat values. In the spot mar­
ket a moderate amount of business has been transacted, as
shippers have shown increased interest, but at lower prices.
Yesterday the sales included No, 2 mixed at 34Jg@35c. f.o.b.
afloat. To-day the market was quiet and easier under gen­
eral selling, prompted by favorable crop prospects and an in ­
creasing movement of the crop. The spot market was fairly
active. The sales included No. 2 mixed at 34%@34_%c. f.o.b.
afloat and No. 2 yellow at 34J^c. in elevator.
D A IL Y O L OSINO P R IO E B O P N O . 2 M IX E D C O R N .

M ay d e l i v e r y .........................o .
J u n e d e l i v e r y ................... e.
J u ly d e liv e r y ......................o.
S e p te m b e r d e liv e r y ..........o.

S at

Mon.

T a ts.

Wed.

T hurs.

hr t .

34%
34 %
35 %
36 %

31%
34%
35%
36%

34 %
31%
35
36

31

3 3 7s
34
34%

_____
33%
34%

35%

35%

3434%
35 %

Oats for future delivery have continued quiet and prices
have steadily declined, as offerings have been quite free,
prompted by an increasing movement of the crop, and the
break in other grains also had a depressing effect upon values.
In the spot market there has been a fair amount of business
transacted, as shippers have continued buyers, but at a further
decline in prices. The sales yesterday included No. 2 oats at
23@23i.Xe. in elevator and 24c. delivered; also No. 2 white
oats at 253X@2o}£c. in elevator. Other sales of natural
white and white clipped were made to shippers, but terms
were kept private. To-day the market was quiet and easier.
The spot market was fairly active at slightly lower prices.
The sales included No. 2 mixed at 23c. in elevator and 24%c.
f. o. b. afloat. No. 2 white at 24?X@25c. in elevator and white
clipped at 26}^@26^c. f. o. b. afloat.
Sat.

:

4 632

1 0 ,0 0 0
500

%

'C
c
to

O X IL ir CLO SIN G P R IC E S O P N O . 2 R E D W IN T E R W H E A T .

D A IL Y O L O SIN O P R IC E S O P N O . 2 M IX E D OA TS.

M oderate M oderate
demand. dem and.,

Dull.

[V ol. LXII.

o3
u

to

Mon.

Taes.

Wed.

T h u rs.

23%
23%

23%
23 %

22%
23 %

23
23 %

F r i.
____
23

The following are closing quotations :
FLOUR.
F lu e .................... # b b l. $ 1 6 0 3 2 10 P a t e n t , w i n t e r ............ $ 3 6 0 3 $ 3 95
s u p e r fin e ..........- ........... I 7 0 3 2 20 C ity m ills e x t r a s ........
4 00
E x tra , N o. 2 ................. 2 2 0 3 2 50 R y e flo u r, s u p e r f in e .. 2 4 5 3 2 9 0
E x tr a . No. 1 .................. 2 50® 2 9 0 B u c k w h e a t f lo u r ____
___
C le a rs .............................. 2 5 5 3 3 35 C o rn m e a l—
S t r a i g h t s ....................... 3 3 0 3 3 rO
W e s te rn , & e.............. 2 0 0 3 2 1 0
P a te n t, s p r in g .......... . 3 5 0 3 3 90
B r a n d y w in e ............ .
2 15
l W h e a t f lo u r in s a c k s s e lls a t p rio e s b e lo w th o s e f o r b a r r e l s .)
GRAIN.
e.
0.
C o rn , p e r b u s h —
W h ea t—
0.
0
8 p rin g , p e r b u s h .. 64 O 7 0
W e st’n m ix e d ____ 3212® 3 6
R e d w in te r N o. 2 . . 7 1 % 9 731*
N o. 2 m ix e d ............ 333* a 3 5 %
74
R e d w i n t e r .............. 66
W e s te rn y e llo w ... 3 4
37
•3>
W h i t e .. . ...................
W e s te rn W h ite ___ 3 5
37
R ye—
O a ts —M ix ed , p e r b n . 21 ft) 24
W h ite ......................... 22 Tt> 28
W e s te rn , p e r b u s h . 44
45
S ta te a n d J e r s e y . . 4 6 ■© 4 6i*
N o. 2 m ix e d ............ 23 V 24
No. 2 w h ite .............. 24% a 25% B arlu.y—W e s t e r n . . . . 39 ^ 41
F e e d in g ..................... 3512® 38%

The movement of breadstuffs to market as indicated in the
statements below is furnished to us by the Statistician of th e
statements below are prepared by us from the figures of the
Sew York Produce Exchange, We first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending May 23, 1896,
and since August 1. for each of the last three years:
Receipts at—

*

B R E A D S T U F F S .

M ay d e liv e r y ............... „ . o . 2 4
J u ly d e liv e r y ..................... o. 21%

Chicago.........
M ilw aukee..
D u lu th .........
Minneapolis.

Flour.
Wheat.
Corn.
Oats.
Barley.
B blt.im be Bush.QO Iba Bush.56 lbs Bush.32 lbs B u s h . lb"
37.123
33,450
84,710
2,660
788
5,800
1,240
36.163
3,750

35,100
133,536
828,132
613,080
15,200
6,014
33,919
185,445
3,600
19,804

946,885
44,850
10,927
35,300

1,640,873
252,000
89,532
232,630
2,900
32,751
17,793
69,500
249,400

103,478
183,200
53,944

B yi.
Ibt.

B u .6 0

14,318
39,600
21,307

F riday , May 29, 1896.
16,431
D e tro it........
3,710
7,902
There has been an extremely dull market for wheat flo ur C leveland...
203,551
.. ..,
during the week under review, the low grades have been St. Louis......
223,750
7,700
positively neglected, and what business has been trans­ P e o ria ..........
Kansas City.
....A.
acted in the better grades has been at concessions of 10c. per
Tot.w k/98.
185,682 1,8:6,830 1,489,383 2,587,429
417,032
75,225
barrel. The demand for city mills has been very limited but
305,558 1,732,460 2,751,905 4,014.056
123,004
48,086
prices have been quoted unchanged. Very little interest has Same wk,’95.
347.079 1,576,561 2,911,389 2.872,661
133,521
48,435
been shown in the market for rye flour, but prices have been Same wk,’94.
Aug. 1.
quoted unchanged and fairly steady. The demand for corn Since
1895-98 . .. .
8,982,262 181,281,153 100,593,903 120,883,195 36,079,520 3,502,407
meal has been slow but no changes have been made in quota­
1894-95 . .. . 10 261,471 133,717,807 67.218,405 8 1,290.310 30,724.567 2.416,537
tions. To day the market for wheat flour was quiet and easier.
1893-94 . . . J 11.245,898 138.612.711 133.771.060 104,233.763 28,023,923 3,170.821
There lias been a fair amount of activity to the speculative
Tne receipts of flour and gram at the seaboard ports for th e
dealings in the market for wheat futures, but at steadily de­
clining prices under liquidating sales by “longs,” prompted week ended May 23, 1898, follow:
Flour,
W h ea t,
Oorn
O ats,
Barley
R ye,
by generally favorable crop prospects and tame foreign ad­
V t* h .
Receipts a t—
bbls.
bueh.
bash.
vices. In the spot market a fair amount of business has been New York ................. 8-(,156 932.375 0bush.
0M 50
799.000
227,450
9 0 ,400
B
o
s
to
n
........................
39,480
1,101.790
14
3
)5
93,367
transacted, as a decline in prices brought values down to ship­ M o n tr e a l ...................... 4 3 / 1 1 5 2 1 0 7 7 1 9 3 /0 0
9,97:3
8 »,4r?2
8
pers’ limits. The business transacted yesterday included No. P h i l a d e l p h i a ............ 33.8o3 141,808
27 814
183,587
800
2 U .2 1 2
m o r e ........... .
77.920
357.170
70,981
3.74G
1 hard at about 4JX@4%c. over July f. o. b. afloat and No. i BR ai cl tih m
o n d ... . . . . . . .
4 /9 8
58.758
17,433
24,6S 2
^ r th e r n at 3c. over July f. o. b. afloat. No. 2 red winter was N e w O r l e a n s ........... 11,420
7,150
27,959
24, 75
.........
Ooiumiu* at 8J^c. over May f. o. b. afloat. To-day the market
T o t a l w e e k ......... 3 ) 1 / 8 8 3 1 3 2 .1 -7 1,132,303 1,281,155
233.223
9 4 ,1 5 4
0,248
1,838
Lowestt::!'r. durine: e-arly ’Change on foreign buying, but sub- W e e k 1 8 9 5 . . .............. 319,597 2.597,902 1,213.643 1,103,947
Arerage'."l 52-6 i>vo’r‘ng-s prompted by favorable crop prospects,
med in last table from JaD. 1
'
The spot market was quiet, The business to May 23 compare as follows for four years:

THE CHRONICLE.

May 30, 1890,J
Receipts of—

6,£7-4,763

WhtsgJi...............bush. l*4S&33*
C o rn ... . . . . . . . . . “ $$,‘>74,518

1$,98S,«58

Oats .............. **
« A r t ..... “
Rfft-..,...... • ’*

1894,

1835.

11®®.

P o u r . . . . . . . . ..bOl#. 5,115,314

13,871.787
ia.SU 1.253
1.5*10,159

3,f.l3,i5i

6Si.«n

151,717

1893

7,881,4129,9)3,834
26.735.SI7
15,329,110
L.753,670

18.872.83i
18,4-47.008
16,189,243
2.518,0-53

105,7 cf2

418,458

6,931,331

h99

packages, valued at 1457,998, their destination being to the
points specified in the tables below:
N-iw Toss

to

1896.

Mat 25.

42,378,572
51,735.211
58,414,936 Great Britain...................
ther E u ro p e a n .............. .
The exports from Uie several seaboard ports for the week O
China ........ ................. .
I n d ia ........ ........ ....................... ...
ending May 33, 1896* are shown in the annexed statement'
T o tal«? it a

- -■ 89,331150

Reports from--

Wheat,
bmh.

Hew VortE,.. ...

G alveatoa.......... ................ yuw.PHOadet p fu a . . . . . . . . 10,00.)
Baltim ore.........
223,318

New Orleans-.............

4*3,H0
23.5S7

44^,571
30J51

15,*347
303

40,003
ICO

iLeoo
33,208

30.000
07,390

I 8.7.51*

....

...

sks.sv*

Norfolk .......................... . . .
60.000
Newport News . . . . .
................... ...
M on treal.,,. ... ... 394,308 200,820

Oats.
hmh.

Flour
hbU.

Corn,

bush.

437,613
S31.129
25,714

.... 277.137
Beseem... . . . . . . . . . . 101,901

Bye,
bmh.

S.593

10,513
21.538

China, v ia V ancouver*___

3,485

17,550

30,154

1

1,000

A rabia.................................. ..
A f r ic a ........... ..........................
West In<Ue3.......................... .
M exico............................. ........
C entral A m erica................... .
3onth A m e r i c a ........ .........
O tner C o u n tries.....................

Pees.

hush.

1895.

fiteefc. Sinee J a n . 1 . 1 Week. {Since Ja n , 1.
li
23
10,219
io s
37
51
57
78
649
356
11,589

923
1,268
13.338
2,507
7.880
5,864
5,252
1,226
3,643
19.338
1,659

287
121
1
i 2,755
;
! 1,351
90
232
,
70
236
829
170

2,566
1,294
19,298
3,067
10,971
3,663
7,510
1,369
4,526
21,526
2,494

92,946
13,707

6,111

78,294
7,800

«8J,H2
S6.0S4
106,653 1 6,141
T o ta l.........................
11,589
27,242
Xii8,599
3,437
The destination of these exports for the week and since
The value of the New York exports for the year has
Sept. 1,1895, is as below, We add the totals for the corres­
been H 184,039 in 1898 against $3,505,113 in 1895.
ponding periods of last year for comparison:
The home demand for brown sheetings and drills has been
-Flour.."------ » ,------ Wheat.----- v
Week Since Sept, Week Since Sept.
Exports for
without animation, few sales of any individual volume being
-- 1,1395.
week and sines
recorded. Outside of export grades, which are well sold up,
»
Ll^
btu.
Sept. 1 to 912,944
5,915,520
0ait©«1 Kia«aom
the market is fairly supplied, and buyers have no difficulty in
C ontinent
sm jm a
placing their orders at current prices, except for export.
1,012,924
g. k C. Amerlbn
8.54,013
Wmi
..
Business in brown duck and osoaburgs has ruled light at pre­
268,023
Brit. 5 . A. O ccs.
vious
prices. The call for denims comes chiefly from the
113,613
Otber eooatrle^.
cutting-up trade in small lots; jobbers indUfereat; ' prices gen­
T o ta l .... ....
erally "steady. Ticks are dull "and unchanged. Ocher coarse
Total 1884-95. ...
The visible supply of grain, comprising the stocks in granary colored cottons slow and in favor of buyers. Sales of bleached
at tba principal points of acc i nalatioa at lake and seaboard cottons are limited to small lots in all grades pending expected
reductions in prices on leading makes. Wide sheetings con­
tinue irregulai.antl cotton flannels and blankets steady. KidSarin
/iH ,
Wheat.
Oats
0»r»,
bush.
frtiah.
hmh.
hath.
In store a t finished cambrics in slow request, and with the decline in
N ew f o r k .......
1JK*0O0
u m jtm
30,000 print cloths prices are barely steady. American indigo blues
i;i7,si00
72,030
enj
wdoiMt*.
di.mi
78.000
AlbMif ............. .
hare been reduced to 4c, and black and gray prints to 4t^c,
110,000
i tftdcw
1,$40,000
W&A99
198.000
BottaJo
Ocher prints are without change and in quiet request only.
Oo
afloat........
. . -..
l.Stfl.OOO
10.000 Fine specialties in moderate re-order demand. Staple ging­
aafl.ood
3,603,000
M e m o .............. ...15.023,000
Oo
afl oat —
.........
31,000 hams quiet and unchanged. Print cloths have been in slo v
567,000
......
filCoo^
JftC«0
Mil vm **o .......... .
Do
a f lo a t....
is f to iT request and have declined l-10e. to -% "■ for extras.
\n m )
8,485,006
O o lo tti. . . . . . . . .. .. .
1896.
1893.
189A
1895.
Oo
a f lo a t..,.
... Stock o f Print O M k t—
.17.000
1.08,00’.*
M ay 23.
M ay 25
H ay 26. May 27.
ToI*flO.,,», * -.«• ..
T otal week . . . ..,1,04 t.322 1.726
Sam e tim e 1 8 9 5 .... t.088,403 1,251

Do
a flo a t,....,
D e tr o it,,...........
Do
a flo a t.......
0 » w « « o .............. ...

St. I oqU............ ...

mm
imlmm
........

699,009

Do afloat*.......
C l O C l S B A t L . w. ow
Boa too . . . . . . . . .... ... ‘m # 00
T o r o n to ........ . . . . . . .
flftOOfl
M ontreal........
... 474.000

PblUfletphU..... ...
Poort*-. . . . . . . . -.. • - *
tofllaaapoila-. . . . . . . ..

V»:>
IL
moo
40.00©

&*a*a* C ity. . . . . . . . . . . 1,C^8>,000
Baltimore. . .. ... ...

btinam m l la......

Oo

.A IM

fttfo r.

Os U iImnl..** ... ...

i m >*g0

0 a oka tl aafl rlv * t — iM i ,ma
Total
Total
T otal
Total
T otal

May £S» lS9fl.5Lfl98.09')
May Ifl, LHWl&fl,l««,Q00
May *fl igvfl Si.2 u .000
May 2».
May 27, IB93.70J.57.iXMl

THE

DRY
N

bw

Y

ork

S.lXM

h Jooq

5,O*>0

'fAOOO
3i«,O0O

34-000

1,00©

’Tw ®

*48,000
8,000

i.odi)

m ood

fl,OO0

63,000

I7.O0U
SLOW

m jm

i 8»,W4
137,000

...

2.000
00.000
00,(100

07.600
1 *7.000
o£ooo

Ifll.000
&m.ooo

Sd.000

7 It,OOO
1,401.000

77,000

7,315,000
tJOCLOOO
7,890,000
flL-847,000
11.34-4,000

1,550.000
IH7.000
a*J.OflO
500,000

7.0 *0.000
» J 53,0*10
H1I7M.00O

S M iM

m /m

GOODS
, F

r id a y

31,000
a st,w o
lOf^COO
011,000
308,000
U5.000
10i,000

, P , M ., M a y

155,000
23,000
6 >,000

73,000
*263,000
451.000 >
8,000
133.000 5

T otal S to o x ip leo esi . . . 1,721.000

247,000

852.000

81,0 0 0

FOREIGN Drv Goods.—Business has been irregular in sea­
sonable lines and mostly at clearing-up prices. Dress goods
in quiet request for fall styles. Silk and ribbons dull and hos­
iery and underwear slow and irregular. Linens quietly
steady.
I m p o r ta t io n s a n d W a rc lio u e c W itU d ra w a ls o f D ry G o o d s.

The importations and warehouse withdrawals of dry good*
at this port for the week ending May 33, 1898, and since
January l, 1898, and for the corresponding periods of last
year are as follows:
______ _______ ______ _______
s
s
3
~ .H f3 g g * §

s| |Sfits. s kI f f e iill
g fi _
» I I si

°-s r
oCJl*

TRADE.
20, 1896.

The leading feature of the week was the large auction sale
of silks held on Wednesday. Some 8,000 pieces of the Phoenix
Silk Manufacturing Company’s product were sold then. The
offering was largely made up of staple lines of blaok silks,
which sold readily at a higher average than was expected,
and frequently at higher prices than similar goods brought at
the previous auction in October last. The sale has had a
good effect on the regular market for silks. The market for
cotton goods has ruled dull all week, only an indifferent de­
mand coming forward for either staple or fancy cottons.
A reduction in the price of American indigo blue, black and
gray prints to the lowest pncea on record and a decline
of 1-lfib. in print cloths have been the chief incidents. There
are reports of still more milts East and South curtailing pro­
duction, but buyers are not susceptible to the influence of
these in face of a weak cotton market and a general indispo­
sition to provide for future requirements until uncertainties
attached to the Presidential nominations are removed. In
the woolen goods division of the market a dull business only
is doing with no material change in the general situation.
Collections are reported generally satisfactory.
Wholes G o o d s . —There has been little change in the mar­
ket. for men’s-wear woolaas and worsteds. The demand con­
tinues indifferent, the only feature of any moment being the
appearance of reorders therein. These are not well distrib­
uted, being in fact confined to a few lines of fancy cheviots
of good character. There it but little demand for staple lines
of any description, and fancy worsteds attract but little atten­
tion The mark t for Clay worsteds is still in aa unsettled
condition, but otherwise prices are fairly steady. Overcoat­
ings show no improvement in sales, although decidedly easy
to buy in most descriptions. Cloakings are iu indifferent re­
quest in all varieties. Dress goods are dull throughout in fall
lin< a. Flannels and blankets are steady, but demand mod­
erate.
tiow-NTto Cotton Good*—The exports of cotton goods
from this port for the week ending May 35 were 11,WO

29 1,000
900.000
539.000

A t P rovidence, 6 1 sq u a re s.
At F all R iver, 6 i s q u a re s ..
At F a ll R iver, odd sizes . . .

Pi

I

1 1 ! pi
© i a to

*»]«*»
*- i fl>«r

.
M 3013O#*

P i 13
CjHtCi^©
©ca
cat-*

ts
5 ? 0*0*©■***-*
b>- «»<£»■■»£&
•©*toottouo

—
MWHOW
ictoMtoteSSS5S
©#s 636500

«03#-0®

W»<DC*CJ»

c o»o
ODM Q pifrOECft

-If »O^ I H » H » »

-51 o § l |5 5 2 5

0*50 (J^O CPO>4-s
CO-s3 0«*JMKO
COto ©too*tOjifeCOt-COC*
K. tO - t-3—— ***-*X K) © 0*
O if* 1 Q -Q X tS .
MM Hi <i ©
WOO CMC

I sa
I LilosS ©to
----!, os
®-jotc—
o—
—0**30 >5

CO I wY3D
QO 1 CO*• - j at r m - i

OS t © »

*sC’
L©Mtb.
-*V©1'.Ioc403
© 3! 03SO*0

-°3>

i

QfrCOlOO

roototoH
© © © opt©
Ct 0*©C*C"4 1-ft
CH 1 me.ti)

C* !

oo 1 oo o. -- © as

m

*3 |so
*- \ 0*33 ©cow® •*
g l& f
b* I V «-*
31 8S A. H M Q 'l

IcoP

Kj-sjccoo-a
.■©«4CO
i8aCO

<10^4
***
-*—O
C00-1
PCS'®
to*4; &)?>*•&<I
i *-*M
Oj C
«Is^
03-ft
-ftV1cn*‘3
0C*—©
ICONIC
IO
O*CX
0**0

-s.|^'©CtC3

CO*1 *4 ift 00 - c*
C5tC I HGWCD-

to -M OQ*-Oto

4 0)03001
L..L>coto*»-j-j o*o-a
W
OOOC*©
to -A-*-*ODto
©
OOi-s4<l
tfl -

i .
,J"
a
‘1*
g

© -1 ft*to » tQ
tsaiM X to '•

I
w*K»tC~* rri
to©©*4 s m O'
ft,
3 ^ ,1 3 S

ODte* © to

C»MK5CO>?*

©WjCUOeW32 -1 COto i

Mcr.ifeuiW__

fjy tp p p } .
tocMftLi’ji j s ’
K)©«4C*rfA99 ft

os<i*o©
L)
<o - 01 » ©
©MOO©-*

THE

1000

CHRONICLE.

[v o l . L x n .

Belton, Tex .— Bond News.—Ten thousand dollars of city

S

t a t e

aw o

C

it y

D

e t a h t w e h t

. jail bonds and $6,000 of school bonds of Belton have been

TERMS "OF^SUBSCRIPTION.

T he I nvestors’ S upplement will be furnished
w ith o u t e x tr a charge to every annual subscriber of the

Commercial and F inancial C hronicle .
T he State and City S upplement will also be fur­
nished w ith o u t e x tr a ch arge to every subscriber of the
Chronicle .
T he Street Railway S upplement will likewise
be furnished w ith o u t e x tr a ch a rg e to every subscriber
of the Chronicle .
T he Quotation S upplement , issued monthly, will
also be furnished w ith o u t e x tr a ch a rg e to every sub­
scriber of the Chronicle .
TERMS for the Chronicle with the four Supple­
ments above named are Ten ollars within the United
States and Twelve Dollars i i Europe, which in both
cases includes postage.
Terms of A dvertising— Per loch space.]
O ne tim e ......................... ..
$3 50 I T n r
M o n th s (13 t i m e s ) .. $ 2 5 0 0
O ne M o n th
(4 tim e s ) .. 11 0 0 S ix
o n th s
(26 t i m e s ) .. 4 3 0 0
T w o M o n th s
(8 tim e s ) .. 18 0 0 | T w e lv e M o n th s (52 tim e s ) .. 58 0 0
iT h e a b o v e te r m s fo r o n e m o n th a n d a n w a rd a r e fo r s ta n d i n g c a r d s .

T h e p u r p o s e o f t h is S t a t e a n d C ity D e p a r t m e n t
is to furnish our subscribers with a weekly addition to and
continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, with the new facts we shall give, the amplifications
and c Directions we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S t a t e a n d C i t y S u p p l e m e n t to as near the current date as
possible. Hence every Subscriber will at all times possess a
complete and fresh cyclopaedia of information respecting
Municipal Debts.
■—

-■ ---- --------------- -

STATE

'

AND

C IT Y

IN D E X .

In this number of the Chronicle we publish an
index to all news items printed in this Department
since the issuance of our last State an d City S upple ­
ment, April 11, 1896. In all cases when the item in­
cludes later figures of debt, assessed valuation, &e,,
full-face types are used for the reference. Items pub­
lished in to-day's C hronicle are not included in the
index. This index will be published the last Saturday
of each month.
Hardin County, Ohio.—Bond News.—It is reported that
the National Bank of Redemption of Boston has filed a peti­
tion in the United States Courts against one George W. Rut­
ledge, a former Auditor of Hardin County, and his eight
bondsmen, The petition states that in December, 1887, Rut­
ledge was elected and qualified as Auditor of Hardin County
and executed a bond of $10,000 for the faithful performance
of his duties. He afterward fraudulently issued 20 ditch
bonds of $500 each, and conspired with one Z. T. Lewis to ac­
cept and negotiate the bonds. The petition alleges that Lewis
accepted the bonds knowing them to be fraudulent, and later
delivered them for a consideration to the plaintiff. The com­
missioners of Hardin County now refuse to accept or recog­
nize the bonds or pay the accrued interest. The bank therefore
sues the bondsmen of Rutledge for $10,000 damages and inter­
est on the bonds to date.
B o n d P r o p o s a ls a n d N e g o t i a t i o n s .—We have re­
ceived through the week the following notices of bondsrecently negotiated and bonds offered and to be offered for
sale.
Arizona .—News Item.—A bill has been passed by the Legis­
lature authorizing the funding of outstanding obligations of
the Territory at a lower rate of interest.
Barnesville, Ga.—Bond Election.—A vote will soon be
taken on issuing electric-light bonds.
, Harton Heights, Va.—Bonds Proposed.—It is reported
that this city will issue water-works aDd city hall bonds for

registered with the State Comptroller.
Berkley, Vfl.—Bond Offering.—Proposals will be received
until June 10 for the purchase of $25,000 of 6 per cent bonds.
Canton, Ohio .— Bond Offering.—Proposals will he received
until June 22, 1896, at 12 o’clock m . , by P. H. Belden, City
Clerk, for the purchase of $13,400 of Canton Street Improve­
ment bonds. The securities will be dated June 15, 1896, int­
erest will be payable semi-annually on June 1 and December
1, at the office of Messrs. Kountze Bros, in New York City,
and the principal will mature, part yearly, in from one to six
years. Bidders are invited to name the rate of interest which
the bonds shall bear, not to exceed five per cent. Proposals
will be received until the same date also for the purchase of
$7,000 of refunding sewer bonds.
These securities will be
dated July 1, 1896, interest will be payable semi-annually on
January 1 and July 1 at the office of Messrs. Kountze Bros.,
New York City, and the principal will mature July 1, 1911,
Bidders are asked to name interest rate not exceeding five
per cent.
No bids will be considered unless made upon blank forms
furnished by the city of Canton, which may be had by any
person desiring to bid upon application made to the City Clerk.
The following statement of Canton’s financial condition is
compiled from a certified report under date of May 25th,
hearing the seal and signature of the City Clerk.
R ea l v a lu a tio n ....... $ 4 0 ,0 0 0 ,0 0 0 00
A sse sse d v a lu a tio n 1 1 ,2 4 0 ,6 0 0 00
W a te r b o n d s ............
$ 1 9 0 ,0 0 0 00
S tr e e t b o n d s ............
1 2 2 ,5 1 5 00
C u rre n t exp. b onds
4 2 0 ,4 0 0 0 0
T o ta l in d e b t’n e ss

$ 7 3 2 ,9 1 5 00

S in k in g f u n d s ..........

$ 5 3 ,4 0 1 3 3

N e t d e b t, e x c lu d ­
in g w a te r d e b t
$ 4 8 7 ,5 0 3 67
P o p u la tio n c e n s u s 1 8 9 3 __ 3 2 ,1 7 6
E stim a te d p o p u la ti o n ..
8 8 ,0 0 0
R a te of t a x _.........................12 m ills .

Cass County, Mo.—Bond Issue.—It is reported that $165
000 of 4 per cent Cass County bonds have been registered w ith
the State Auditor. The bonds run from ten to twenty years,
and are issued under the compromise recently made by the
United States courts in payment of the railroad debt con­
tracted just after the close of the war. The debt is all that
the county has to show, for the road was never built. The
matter has been in litigation for many' years, and the Cass
County judges have frequently suffered imprisonment on
account of refusing to make a tax levy to pay the interest on
the bonds.
Chicago, III.—Bond Offering.—Proposals will be received
until June 2, 1896, for the purchase of $100,000 of refunding
bonds. The securities will bear interest at the rate of 4 per
cent and will run 20 years.
Chicopee, Mass.—Bond Offering.—Proposals will be ref
ceived until 12 o’clock to-day for the purchase of $25,000 o
coupon water bonds, the loan to bear interest at the rate of 4
per cent.
Clark County. Ind.—Bond Offering.—Proposals will be
received until 10 o’clock a . m ., June 2, 1896, bv Leroy A.
Canter, County Treasurer, for the purchase of $5,295 of 5 per
cent road bonds. Interest will be payable annually on Nov­
ember 15, and the principal will mature at the rate of 8105-90
each year, in from one to ten years, from November 15, 1896.
Cleveland, Ohio—Bond Offering.—Proposals will be re­
ceived until 12 o’clock, June 25, 1898. by H. L. Rossiter,
City Auditor, for the purchase of $500,000 of 4 per cent cou­
pon viaduct bonds. The securities will be dated October 1,
1896, interest will be payable semi-annually, and the principal
will mature October 1, 1916. Principal and interest will be
payable at the American Exchange National Bank, New
York.
Cleveland School D istrict, Ohio.—Bond Sale.—It is re­
ported that $85,000 of 4 per cent funded debt coupon renewal
bonds of this district have been sold to Messrs. Seasongood &
Mayer. The securities are dated May 1. 1896, interest is pay­
able semi-annually, and the principal will mature May 1,1906,
both principal and interest to he payable at the American E x­
change National Bank, New York.
Columbns. Ohio.—Bond Sale.—It is reported that this city
has sold $30,000 of 5 percent sewer bonds to the Fourth Na­
tional Bank of Columbus at 112 305. Sixteen bids in all
were received. The loan matures in 16 years.
Colnmbia School D istrict, Mo.—Rond Sale.—This school
district has sold $15,000 of 5 per cent building bonds to the
Noel-Young Bond & Stock Co. of St. Louis, Mo. The securities
are dated July 1, 1896, interest will be payable semi-annually
on January 1 and July 1, and the principal will mature July
1, 1901, with an option of call after July 1, 1897.
Dayton, Ohio.— Bond Sale.—It is reported that 5 per cent
honds of this city to the amount of $125,000 have been sold to
Messrs. Seasongood & Mayer.
Deaf Smith County, Texas.—Bond Sale.—This county has
recently sold $17,000 of refunding bonds at par and accrued
interest. Interest on the loan, at the rate of 6 per cent, is
payable semi-annually and the bonds mature in 40 years.
These securities constitute the entire bonded indebtedness of
the county.
D etroit, Mich.—Bond Offering.—Proposals will be received
until June 1, 1896, at 11 o’clock a . m ., by City Comptroller F.
A. Blades for the purchase of $50,000 of 4 per cent public
improvement bonds and S50.0C0 of 4 per cent public lighting

Ma t 30, 1893.J

THE CHRONICLE.

1001

Malta Bend Sehool District, Mo.—Rond Safe.—This school
bonds. The securities will be dated July 1, 1896, interest will
be payable semi annually on January 1 and July 1 in Detroit district has sold $8,090 of 3 per cent school building bonds to
or in New York City, and the principal will mature July 1, tbe Noel-Young Bond & Stock Co. of St. Louis, Mo, The
1926. The City Comptroller reports the total net municipal securities are dated Mav 1,1898, interest will ba payable semi­
and street paring debt, including tbe above-mentioned new annually on May 1 and November X, and the principal will
issues as *1.040.149 and the charter limit of the bonded debt mature May 1, 1916, with an option of call after May 1, 1901.
is $4,101,726.
Melrose, Mass,—B o n d O ffe r in g . —Proposals will be received
DoosriasTille, 8 a —B o n d E l e c t i o n .— The citizans of Doug- until 2 o’clock P . m . Junes, 1806, by George Newhall, Town
lasvilie will vote on the question of issuing water-works bonds Treasurer, for the purchase of §50,000 of 4 per cent schoolhouse bonds. The securities are dated February 24, 1896, in­
for $15,000.
Erie, Pa.—B o n d s Proposed.—Electric-light bonds of Erie terest is payable semi-annually in February and August, and
to the amount of §60,000 are under consideration. If author­ the principal will mature in twenty years, both principal and
ized by the Council, the question will have to be submitted to interest to be payable at Btston or Melrose, Mass.
The town’s debt at present consists of §259,000 of water
a vote of the people before the loan can be issued.
bonds, §200,000 of sewer bonds and a permanent loan of
Escanaba. Mich.—dlond E le c t io n .— A vote will soon be §120,000,
Its assessed valuation in 1895 was §10,633,750.
taken on issuing §30,000 of water-works bonds.
Meridian,
Miss.—B o n d s A u t h o r i z e d . — It is reported that
Gaffney City, S. C —B o n d O ffe r in g .— Proposals will be re­
ceived until June 10, 1896, by A. N. Wood, Mayor, for the §50,000 of additional bonds will be issued by this city.
Milwaukee. Wis.—B o n d O ffe r in g . —Proposals will be re­
purchase of §12,000 5 per cent Gaffney City bonds.
ceived until June 16, 1896, at 10 o'clock a . m.. by William J.
8 a l v a , Iowa.—B o n d O ffe r in g .— P r o p o s a ls will be received
Fiebrantz. Citv Comptroller, for the purchase of §430,000 of 5
until June 16 for the purchase of §2,500 of water bonds.
per cent school bonds, water bonds and refunding bonds. The
Georgia.—B o n d S a l e . — State Treasurer R TT. Hardeman re­ securities will be dated July 1, 1896. interest will be payable
ceived the following proposals on May 25 for §242,000 of 4 seini-aanually on January l and July l at the office of the
per cent or Stf per cent Georgia redemption bonds. Interest City Treasurer, or .Morton, Bliss & G o , New York City, and
to be payable semi-annually on January 1 and July l and the the principal will mature at the rate of oae-tweutieth yearly
principal to mature July 1,' 1926.
until all is oaid.
E.
D. Shepard, of New York, for the 4 per cents, 101*25; Mount Vernon, Ohio.—B o m b s A u t h o r i z e d —A vote taken
for the 3*2' per cents, 93, tbe bonds to be delivered in New May
18 on issuing $15,000 of water-works extension bonds
York.
W. J. Hayes & Son, of Cleveland, O., for the 4 per cents, resulted in favor of the proposition.
New London, Conn.—B o n d Sale.—It is reported that $60,103*60.
Lamprecht Bros. Co., of Cleveland, O., for the 4 per 000 of 4 per cent 29-ve ir New London bonis have been sold
cents, 103*6.1 for §35,000, with the privilege of the whole issue. to E. C. Stan wood &, Co. at 106*90. Other bids received were
Rudolph Kl* yboRe & Co., of Cincinnati, for the 1 per cents, as follows: Extabrook & Co.. 106*618; R. L. Day Sc Co,, 106 '297;
G. A. F.-rnald & Co.. 105*87; Blodget. Merritt * Co., 105*778;
105*54: for th*> j per cants, the same proportion.
Deitz, D-cioon & Prior, of Boston, for the 4 percents, N. W, Harris & Co., 105 *649; Dietz, Dennison & Prior, 105*557;
par and $6,000 premium on the whole issue; for the 34jJ per Blake Bros. & Co., 105*55; Lewis & Co., 105 51: Faraon, Leach
& Co.. 105*50; Lee, Higginson & Co., 105*03; E. II. Rollins &
cents, par less a commission of 3*84.
Edward C. Jonas Co., of New York, for the 4 per cents, Son., 104*68 1-8; Mariners' Savings Bank, New London, 104*85;
Street. Wykeii& Co., New York, 104*135; C. H. White & Co.,
102*10
John W. Dickey, of Augusta. Ga,, for the 4 per cents, New York, 103*50; E. C. Jones Go., New- York, 103*1 7,
North Dakota.—B o n d G a ll. —Notice has been given by G.
105*08; for the '.S' > per cents, §917 69 for each bond.
Third National Bank of Atlanta, for the t per cfc>., 1011-10. E. Nichols, State Treasurer, that bonds issued by the State for
deficiency in construction, etc., of the North Dakota Univer­
George W Parrot, of Atlanta, for the 4 percents, 10 3;j.
sity at Grand Forks, dated July 1. 1895, ami numbered from
George A. Speer. of LaO range, for the 4 per cants, 101.
1 to 48, inclusive, and bonds issued for improvement®, etc., to
Kean & C o ., 102*30 for the I per cents.
According to a later report from Atlanta, all of the above the North Dakota Penitentiary at Bismarck, dated J uiy 1,
bids were rejected, and the securities were awarded at 106 1885, and numbered fro n 1 to 29, inclusive, twenty-eight
being for $500 each and one for $600, have been called for
to a local syndicate headed by W. H. Pattered i.
Great Falls, Mon.—B o n d O ffe r in g .— This cltf will sell at payment. Interest on the bonia will cease on and after June
public auction at 2 o’clock i*. at, June 25, 1896, at the office of IS, 1896.
Ohio.—Bond O ffe r in g —Proposals will be received until
the City* Treasurer. $34,300 of 6 per cent coupon gold bonds, to
be issued for the purpose of funding the floating indebtedness noon June 24, 1896, by M xlcotn Jennings, Clerk of the Sink­
ing
Fund Commission, for the purchase of $330,000 of 3 per
of the city held in warrants drawn upon the City Treasurer.
Tbe securities will be dated July 1, 1808. Interest will be pay­ cent imuJ s of the State of O xio. Interest will bs payable
able semi annually on January 1 and Julv I at the City semi-annually on January 1 and July 1, and the principal
Treasurer's office, or at some bank in New York to be chosen will mature July 1, 19 H. Prtoctp tl and interest will he pay- *
by the Treasurer, and the principal will mature- in 20 years able at the American Exchange National Bank, N *w York.
C e r tific a te O ffe r in g .— Proposals will he received until 12
with an option of call in ill years,
Tbe city's net debt (exclusive of this issue) is $146,037. Tbe o’clock'June 15, 1896, by the Board of Trustees of the Ohio
assessed valuation in 1395 waa §0,350,333. The estimated State University for the purchase of $150,000 of A % per cent
certificates of indebtedness. The securities will be dxtBd June
population is 12,000.
1, 1896. interest wili be payable semi-annually on Junel and
Hutto, Tex,—B o n d E le c t io n .— A vote wili be taken at Hutto December 1, and the principal will mature at the rate of
to-day on issuing 47,000 of school-house bonds.
$2.3,000 yearly from December 1, 1898, to December 1, 1903.
King County School District No. 28* Wash,—B o n d C a ll. — Both princioal and interest will be payable at the office of
Notice has been given by John W. Maple. County Treasurer, the United States Mortgage & Trust Company, New York.
that bonds of this district issu-d April 1, 1891, and numbered
Oil City, Pa .— B o n d E le c t io n .—A vote wilt be taken June
from 1 to 9, inclusive, amounting to $1,519. will be pud June 18 on issuing §50,000 of water-works bonds.
13, 1898, on presentation at the Chemical National Bask, New
Palo Alto. Cal.— B o n d s A u t h o r i z e d . — T h e citizens of Palo
York, on which date interest will cease.
Alto, voted May 0 in favor of issuing $40,000 of water-works
King County School District No. 30. Wash.— News Item. bonds.
—Notice has been given to the holders of all warrants drawa
Petersburg, Va. — B o n d S a le .— Twelve proposals were
upon the Treasurer of King County on or before October 15,
1893, by the board of directors of this school district, that received on May 28, 1896, by C. A. Slaughter, City Treasurer,
ttMae warrants may be exchanged at face value thereof and for the purchase of §58,000 of 5 per cent funding bonds and
accrued interest, at the County Tress xrer’s office, for coupon $34,000 were awarded at 107 and accrued interest. Ail the
bonds issued by tbe district at not less than par value and ac­ other bids were rejected because they were deemed too low.
crued interest of such bond< at the time of the exchange. Tbe securities will be dated Mav 1,1898, aad m il mature May
The bonds are f ir $13.030,dated March l, 1896. They bear in­ l, 1936.
Portland, Me.—AD/c S a le .—On May 25 the Portland Com *
terest at the rate of 6 per c«nt, § 10.003 maturing March 1,
mittee on Finance voted to accent a temporary loan of §100,009
1918, and $8,000 on or before March I. 1916
Kingston, N. T.— B o n d O ffe r in g . —On June 11, 1898, at 2 from Messrs. Elgerly & Crocker, \v.xo off-*,red to take the
city’s note beariag 3*43 per cent interest and due October 31,
o’clock p. M., §640,000 of 3' j pjr cent water-works bonds will 1896. Bids were asked tor §30,000, for §75.000, for $100,000,
be sold at public auction. Interest on the securities will be for $125,000 or for §150,000, and the following proposals were
payable semi-annually, in gold, at the Farmers' Laan & Trupt received :
Per ct.
Company of New York City, and the principal will mature at E d eerly & Crooker, B oston................. .F o r a n y p a r t o t $150, 000 3*45
3*47
. F or an y p a r t.
C u rtis * M otley, Boston................... .
the rate of $24,000 yearly from 1912 to 1934 both inclusive.
50.000 3*60
W. O. Gay & Co., Boston. ...................
50.000 3*65
According to the official statement the assessed valuation of w . O, Oay 4 i 'o , B oston. ..............
50.000 3*77
w. O. c a y & Co., B oston........ ......... the city is at present §’2,399,120 and the total debt is $368,200, II.
150,000 *3*70
3 Hrcnor A Co.. B o sto n .................
3*50
.F o r an y p art.
“The present net revenue from water exceeds the interest on K itnbrook S C i , Boston . .................. .F
3*65
o r any part.
K. h Day & Co., B o s to n ............ —
ail bonds to be issued for water purposes."
3*59
.F o r any p a rt.
R o w s , Newman ic 1'ohosn, Boston.
J . W. LoriKstrset <fe Co.. B o s to n .......
Bond A Goodwill, B oston.................
E. H. Rollins A Sons. B oston.............
Dunscoihb A Jc n n iso n , Now Vork. .

F o r f u r t h e r i n f o r m a t i o n r e g a r d in g t h i s s a le see a d v e r tis e m e n t e ls e w h e r e i n t h i s D e p a r tm e n t.
Lansing, Mich —B o n l F le c tio n ,—ft is reported that a vote

will soon be taken on issuing §109,009 of paving bonds.

.

* And 1 pet- ce n t prem ium .

. F or any p a r t.
. F or an y p art.
.F o r an y p art.
. For an y p a rt.

3 78
3*46
3*47
3*70

THE CHRONICLE.

1002

UroTldenc*. It. I. —Bond Sale.—We reported last week that
on May 22 8500,000 of sewer bands were sold to Messrs. |
Kidder, Peabody & Co., of Boston, at 113*69 and $200,000 of
water bonds were awarded to the Providence Institution fo**
Savings at 114*61. We have received this week the list of the
bids made for the loan, and Rive them below. The bonds are
issued to reduce the floating debt. B ith loans will b9 dated
June 1, 1806, will bear interest at the rate of 4 per cent, pay­
able semi-annually in June and December, and will mature
June 1, 1926. Principal and interest will be payable in gold
coin at the City Treasury or at the National City Bank, New
York. The bonds will be couoon or registered, as desired,
and will be ready for delivery June 1, 1896.
Price.

B idders—

B lodget, M e riitt & Co.. B o sto n . . .
E. Rollins Morse *. B ro th er, Boston.
E. EC. Rollins A 8 >ns. B o sto n .
Cushm an, Kisher A P helps. B

W. I. Q u intan ! & Co., New Y ork
J . P. M organ & Co., New Y o rk .........
E. C. Btanw ood & Co., B o s to n .......
D.

A. M oran

& Co.

H en ry W. Bigelow B oston...........
E . B eekm an Unde h ill, -Tr.. N e w ’
B e itro n & S to rrs, New Y o rk ---- New E n g lan d T ru s t Co., B o st-m ..
In d u stria l T ru s t Co. P ro v id ence.

.* 2 ^ 0 .0 0 >.
.W hole.
W hole o r a n v p a r t.
.W h o le.
. W hole.
.W h o le (a v e ra g e ).
.W hole.
.W hole.
. W hole.
.W h o le (a v e ra g e ).
J W a te r, $ 2 0 0 ,0 0 0 .}
[ S e w e r, 1 0 0 ,0 0 0 . £
.W h o le.
.W a te r. 2 0 0 ,0 0 0 .
.W hole.
.W a te r, 2 0 0 .0 0 0 .
.W a te r, 2 0 0 ,0 0 3.
i W ater, 2 OO.00O.
(S o w e r, 5 0 0 ,0 0 0 .
. W hole.
. W hole (a v e ra g e ).
.$ 1 0 »,ooo.
.W a te r, $ 2 0 0 ,0 0 0 .
.W h o le o r a n y p a r t.
.W h o le.
.W a te r , $ 2 0 0 ,0 0 0 .

114-61
113-87
11 3 -6 9
113*51
1 1 3 -9 3
113*25
113*153
112-7 *
112-337
11 2 -5 19
112127
111*79
1 11-77
111-75
111-51
11 1 -2 37
111-57
110-26
11 0 -2 7
I l f -9 >87
110*51
10 9 -7 6
109-25
1 0 9 -2 4
101-76
101-75

.Whole.
than nineteen times the
The amount bid for was n
amount offered.
(Juincy, Mass.—Bond Offering.—Proposals will be received
until 12 o’clock June 10, 1896, for the purchase of 4 per cent
school bonds to the amount of $75,000 The loan will mature
at the rate of $7,500 yearly from July 1, 1906.
Ransom County, N. D.—Bond Offering.—T. J. Harris, A u­
ditor, reports to the C h r o n i c l e that $40,000 of 5 per cent,
funding bonds of Ransom County, bids for which were re­
jected on May 6, are still on the market. Interest on the loan
is payable semi-annually and the principal matures in 20
years.
The county’s total debt, consisting of warrants, on April 1,
1896, was $37,598. Its assessed valuation in 1895 of real estate
was $1,810,360 : town lots, $231,515 ; personal property, 8647,334; total, $2,689,209; State and county tax (per $1,000)
$18 60.
Richmond H i l l , N. Y.—Bonds Authorized.—It i3 reported
that this village has voted in favor of issuing $50,000 of road
bonds.
Rome, Ha.—Bond Sale.—It is reported that $169,000 of re­
funding bonds have been sold to a New York insurance com­
pany at par. The securities will be dated July 1, 1896, will
bear interest at the rate of 4% per cent, payable semi-annually
at Rome or New York, and tne principal will mature July 1,
1926, Both interest and principal are payable in gold. The
loan will be issued to replace a like amount of bonds matur­
ing July 1. 1896.
The city’s bonded debt on January 1, 1896, was $289,600, in­
cluding a water debt of $84,600. Its assessed valuation in 1895
of real estate was $3,404,660; personal property, $896,632;
total, $4,301,292; estimated actual value, $6,000,000; total tax
(per $1,000), $12. The population in 1895, according to local
figures, was 12,000, The city owns real estate valued at
$250,020; personal property valued at $150,000, and other
property, $100,000.
Rutland, Yt.—Bonds Authorized.—Funding and street
improvement bonds of Rutland to the amount of $25,000 wil
be issued.
Salem, Ohio.—Bond Offering.—Proposals will be received
until June 17, 1896, at 12 o’clock M., by the Board of Educa­
tion, for the purchase of $60,000 of 5 cent school building
bonds. The securities will be dated June 15, 1896, interest
will be payable semi-annually on June 15 and December 15,
and the principal will mature at the rate of $3,000 yearly from
June 15, 1901, to June 15,1920, both inclusive. The Clerk
of the Board will furnish, upon application, blank forms of
proposal, which all bidders will be required to use in making
their proposals.
Sharoo, Mass.—Loan Authorized.—An additional loan of
$10,000 has been authorized by the Legislature for water pur­
poses.
Shawneetown, 111.—Bond Call.—A call has been issued
for the payment of funding bonds of this city dated Julv 1,
1881, and numbered 16. 17, 18 and 19, for $1,000 each. They
will be paid July 1, 1896, on presentation at the American
Exchange National Bank, New York, on which date interest
will cease.
Springfield, Ohio.—Bond Offering.—Proposals will be re­
ceived until June 9, 1896, until 7:30 p. M., bv S. J. W ilk e rs o D ,
City Clerk, for the purchase of $10,000 of 5 per cent water
works bonds and $5,000 of 5 per cent cemetery bonds. The
securities will be dated June 1, 1896, interest will be payable
8. A. K ean, C hicago....... ...................

[VoL. LX11.

semi-annually on March 1 and September 1, at the office of the
City Treasurer or a t the Im porters’ & Traders’ National
Bank of New Y ork City, and the principal of the w ater
bonds will m ature March 1, 1913. Two thousaud dollars of
the cemetery bonds will m ature SeDtember 1, 1904, and three
thousand dollars on September 1, 1905,
S pringfield School D istric t, O hio—Bond O ffe r in g .—This
district will offer a t public sale, at 3 o’clock P. M. Ju n e 8, 1896,
$33,000 of 5 per cent coupon bonds. The securities will be
dated the day of sale, interest will be payable semi-annually,
and the prinoipal will m ature a t the rate of $11,000 each year
in nine, ten and eleven years from date, both p rin cip al's nd
interest to be payable a t the American Exchange N a tio n a l
Bank, New York.
Stoneham , Mass .— B o n d O ffe r in g .—Proposals will be re­
ceived un til 1 o’clock Ju n e 1, i896. by F. E. Nickerson, Town
Treasurer, for the purchase of $32,000 of 4 per cent sewer
bonds. The securities will be dated Ju n e 1,1896, interest will
be payable semi-annually on Ju n e 1 and December 1, and the
principal will m ature at the rate of $4,000 yearly from Ju n e
1, 1897, to June 1, 1904, both principal and interest to be p ay ­
able at the N ational Bank of the Republic, Boston.
Youngstown, Ohio .— B o n d S a le ,— O n May 37, 1896, F. C.
Brown, City Clerk, sold $3,050 of sewer and grading bonds,
m aturing p art yearly from October 1, 1897 to 1901, inclusive,
to Messrs. Rudolph Kleybolte & Co. for $3,122, and $21,000 of
fire departm ent building bonds, m aturing a t the rate of $2,000
yearly from October 1, 1897 to 1905, inclusive, and $3,000 on
October 1, 1906, to The Lam precht Bros. Co. for $22,140 30.
The bonds will bear interest at the rate of 5 percent, with the
exception of $750 of sewer bonds, which will bear 6 per cent
interest, payable senii-anDually, both principal and interest to
be payable a t the office of the City Treasurer. They will be
dated Ju n e 1, 1896. Eleven bids were received for the fire
departm ent bonds as follows :
Seasongood & Mayer............................................................ $21,803 2
The Lainprecht Bros. Co......... ........................ .................. 22,140 35
R. L. Day & Co............. ....................................................... 22,005 60
Fourth National Bank, Columbus, Ohio— ........................ 21,693 OO
W. J. Hayes & Sons............. . .............. ...................... 21,903 00
Streei, Wykea & Co............................................................... 21,758 lo
C. H. White & Co ......................................... .................... 21,975 OO
Mason, Lewis & Co.... .......................... ............................... 21,978 00
Rudolph Kleybolte & Co................ . ................................... 22,003 So
Illetz, Denison A Prior............. ................. .............. ......... 21,980 7o
8. A. Kean............................................................................. 21,315 05
Y icksburg, M ich .— B o n d O fferin g .— Proposals will ba re -0
ceived until Ju n e 15 by F. A, Ribinson, Village Clerk, for the
purchase of $12,000 of 5 par cent water-works bonds and
$3,500 of electric-light bonds.
W ilineriling, P a .— B o n d S a le .—Oa May 16, 1896, the bor­
ough of W ilmerding sold $38,000 of 5 per cent street bonds to
Messrs. Robinson Bros, of Pittsburg for a total premium of
$1,211. Seven bids were received for the loan as follows :
Robinson Bros, of Pittsburg.......... ..................... $39,211 for $38,000
Dietz, Denison & Prior, Cleveland....................... 101-05
Lamprecht Bros. Co., Cleveland...................... ..... $193 premium
vv. J. Hayes & Sons, Cleveland............................. 423 premium
Edward C. .Tones Co., New York City.................... 400 premium
8 A. Kean, Chicago............. .— .............. ...........Par value
Philip F. Kelley, Philadelphia...............................$300 premium
W indham , Conn .— B o n d O ffe r in g .—Proposals will be re­
ceived until 2 o’clock p. M. June 9, 1896, by the Town Select­
men, for the purchase of $105,000 of 4 per cent im provem ent
bonds. Interest will be payable semi-annually on April 1 and
Oetob r 1 at the office of the City Treasurer, and the princi­
pal will m ature April 1, 1925.

E A N D C IT Y D E B T C H A N G ES.
We subjoin reports as to municipal debts received since
he last publication of our State and City S upplement.
Some of these reports are wholly new and others cover items
of information additional to those given in the Supplement
and of interest to investors.
Great Falls School District, No. l.M o n t.—B.-low is a state­
ment regarding the financial condition of this district which
has been corrected to April, 1896, by means of a special report
to the Chronicle from A E. Caufield, Clerk.
The district comprises about one-fourth of Cascade County,
and includes the city of Great Fails with all its suburbs.
LO A N S—

When Due. T otal d e b t A pril, 1 8 9 6 ... $160,000
S inking fu n d ......................
15,000
7s, JA D , $20,000.........J u ly 1, 1908 N et d e b t A pril, 1896....... 145,000
S ubject to call a fte r J u ly 1 ,1 8 9 8 T a x v a lu a tio n 1 8 9 5 ........8,855.256
31-00
Os, M AN , $ 50.000 ........M ay 1 ,1 9 1 1 T o ta l ta x (per $ 1 ,0 0 0 ) ...
S ubject to call a f te r M ay 1, 1901 P o p u la tio n 1896 (est.)......... 14,000
6s, MAS. $ 9 0 ,0 0 0 ........ M a r.l, 1915
Subject
a fte r M ar. 1, 1905
S
ubject to call
c
Buir.DiNG a---n d---------F u r n is------h in g —

Washington County, Ark.- -This statement has been corrected to May 1, 1896, by means of a special report to the
C h r o n i c l e from Frank Hill, County Judge.
County seat is Fayetteville.
LOANS—
When Due. T ax v a lu a tio n , personT .$1,655,538
T o ta l v a lu a tio n 1 8 9 5 ... 4,474,165
U n iv e r s it y B o n d s —
A ssessm ent is % a c tu a l value.
8s, J& J, $100 ,0 0 0 ....... J a n . 1 ,1 9 0 2
T otal d e b t May 1 ,1 8 9 6 .. $100,000 T otal t a x (per $ 1,000)..........$12-50
Sinking: fu n d s..................
85,000 P o p u latio n 1890 w as.............32,024
N et d e b t M ay 1 ,1 8 9 6 ....
15,000 P o p u latio n 1880 w a s ........... 23,844
T ax v alu atio n , r e a l........2,818,927 P o p u latio n in 1896 ( e s t . ) .40,00 0
IN T E R E S T is p ay ab le a t F ay ettev ille.

THE CHRONICLE.

Mat 30, 1896.]

1003

S p r i n g f i e ld , 111.—U. U. Wooliuff, Mayor, The figures
J a m e s t o w n , N . D . —B. W. Fuller, Mayor. The figures of
of indebtedness, etc., given in the following statement hare indebtedness and valuation given below have been corrected
been corrected to March 1, 1896, by means of the annual to May, 1896, by means of a special report to the Chronicle
report of Charles A, S’huppe, City Comptroller,
from George C. Eager, City Clerk.
This city is in Sangamon County.
Jamestown is situated in Stutsman County.
Ail the 5 s are registered with the State Auditor. No fur­
LOANS—
WJilp Due. I n t e r e s t p a y a b le a t J a m e s to w n ,
F t s u in g B o n d s —
ther indebtedness of any description will bs incurred by this
T o ta l debt. M ay, 1 8 9 6 ..........$ 6 7 ,0 0 0
7s. Ju ly 1 , $5,000....... M ar. 6, 1899 T a x v a lu a tio n 1895 ............ 8 0 0 ,0 0 0
city until the valuation exceeds 818,000,000, or the present
School Bonds—
A ss e s s m e n t s a m e a s a c t u a l v a lu e .
7s. J u ly 1, $ 5 0 .0 0 0 ...M ay 25, 1907 S ta te t a x (p e r $1,000) 1 8 9 2 ..$4*70
debt is largely reduced by payment.
S e w e r B onds (1894)—
C o u n ty t a x (p e r $ 1 ,0 0 0 ) ........ 5*30
7s, S eim -an.,$ 5 ,0 0 0 .... 1899-1914 C ity t a x (p e r $ 1 ,0 0 0 )................ 22*00
(#1,250 due e v e ry 5 years).
A v e ra g e s ch o o l t a x ............. .
2*00

W hrnDne. : 5 s, S e p t. l,$ 1 2 S ,O O O ..S ep t. 1, 1905
5 s, S e p t. 1, 7 5 ,0 0 0 ..S e p t. 1 ,1 9 0 6

LOANS—

KBnntntMi—

W a r rants —F u n d in g —

5s, Sept. 1,$207,900. .Sept. 1, 1900 5 s. s e p t, 1, 1 7 ,0 0 0 . .S e p t. 1, 1 9 07
Sc h o o l Bo n d s—
3s, Sept. 1. 294,600. .Sept. 1,1 901
5s. S e p t t , 1 7 ,7 0 0 .-Si n t. 1,1902 5-s, a n n u a l, $ 3 ,0 0 0 ..M ar. 1 , 1S98
5», S e p t 1, 1 5 5 .800-.3ept. 1,1903
($1,000due y'rly) to Mar. l , ltioo
5s, Sept. 1.
3 ,1 0 0 ..se p t. 1, 1904 !
IN T E R E S T on th e refu n d in g bonds is paid a t th e S ta te T reasu ry in.
S p rin g field ; on th e school bonds a t th e C ity T reasury.
T O T A L D E B T .—The subjoined sta te m e n t shows th e city 's to ta l
bonded d eb t on th e itr s to f M arch, 1896, 1891, i $ 9 3 . 1892 an d 1891.
1896.
1891.
1393.
1892,
1891.
T otal bonded d e b t___$902,350 $902,330 $916,850 $913,850 $913,850
The c ity also had on M arch 1 ,1 8 9 6 , a Boating d e b t of #79,613*10.
C ash o n h an d a t th e sam e d a te w as $10,913*74.
C IT Y P R O P E R T Y .—The estim a te d v alu e of c ity p ro p e rly on
M arch 1 ,1 8 9 6 , w as $925,250.

8s, J u ly 1, $5,000. ...S ept. 1, 1806
7s. Ju ly 1. 5,000 ., .Meb. 22. 1900

Y o u n g s to w n , O h io .— T h is s ta t e m e n t h a s b e e n c o r r e c te d to
M arch 14, 1896, b y m e a n s o f th e r e p o r t o f F . C. B r o w n , C ity
C lerk .
Y o u n g s to w n is in 'M a b o n in g C o u n ty .
LO A N S—

6s i .........$ 1 01,000... .Sept. 1 ,1 9 0 1
Wa t e r B o n d s —
6 s. A A O , $ 1 0 0 .0 0 0 ... S e p t. 1 ,1 9 0 1
5s. A .v n . 1 5 0 ,0 0 0 ......... 1897-1911
($ 1 0 ,0 0 0 d u e y e a r ly o n M a y 1.)
I n te r e s t is p a id b y C ity T r e a s u re r.
B o n d ed d e b t M ar. 14, ’96. $ 5 5 2 ,4 7 8
S p ec. im p . b o n d s (incl.) . 2 6 8 ,4 7 8

BONDS

Villageof College Point, N. Y.,
WATER

.X

Y.

interna 8M pm- mat per mntmm, payable mmm -

ttiadpiMead tutirest p em b h
IN G O L D

At

(h e

F a r m e r* *

L oan

B O N D S * 1 .0 0 0

A T ru st

C o.

EACH.

payable in J8J% and

each

ym r

Tim above Bond* imumd under C h ap ter f i t , Idtmt
o f 1W6> tor th e parch*** o f W ater W ork*, will he
a t Public AiioUbO. a t the CITY HAUL, Ilf
T H E CITY O F K IN O efO X . ON T i l l R*DAY,

J tv s K

u. iim . *t£ o'clock t*. M.

$

1 3

6

, 0

The petmmi mt tmmwmfmm water axmn¥$» the A T L A N T I C
for water purtXMm.

internet *.m *11 Boasd* to bo

If ENHY K. Wl KB Kit,

BOND

E. D. S H E P A R D & C O . ,

of

Dm* Hmstn*. I o w a .

3
9

May m%. w m .

Tim holders o f Afka®*®* <tv,‘ brnmis of th e W

Wm, &I"., 7tff to YS8„ 748 to 77it, 787 to 7V&, 87$

s

.\

h

;

i k

v E S T £ IBN T 8 ~

1JR O A O

-T U K K T .

1

0

0

, 0

0

0

C it y o f B o s t o n R e g i s t e r e d ........................4 s
C it y o f L o u i s v i l l e , K y .................................7s
S t a t e o f C o lo r a d o ......................................... 4 s
C ity o f H o ly o k e , M a ss., C o ld ................... 4 s
M id d le s e x C o u n ty , M a s s ............................ 4 s
C ity o f L o s A n g e le s , C a l., G o ld ............ 4 s
B o s t o n & A lb a n y R R ...................................4 s
O ld C o lo n y R I t ................................................ 4 s
N e w Y o r k & P e n n . T e l. & T e l. C o — 5 s

3 3 S T A T E S T ., B O S T O N , M A S S .

C h ic a g o . I l l , , I m p r o v e m e n t .......... .............. 6 *
S h e r m a n , T e x a s , F u n d i n g ......................... ....(}»
B u r l i n g t o n , W i s . , S c h o o l.....
......5 s
W a t s e k a , III** S c h o o l . .- . ........... . — ................5«
M u s c a tin e , I o w a , I m p r o v e m e n t . . ......... . . . . 6 s
S h ttlls h a r e r , W i« „ W a t e r .............
.............5 s
F o n d a , I o w a , W a t e r . . . . . . . . . . . . ......................... 6»
A l t a , I o w a , W a t e r . . . ............
.....6 s
S t a t e o f S o u t h D a k o t a R e v e n u e ............

M A S O N , LE WI S & C O . ,

NEWARK, N. J.

State of Arkansas.
to *77 anil 883 to 800 ffi&hmuM), may learn sotneibins
o f fn te re rt t# them, by
ACM TOii OF 5TATK,
L ittle ftodfc. A rkansas.

Bonds,

F O lt SA L E B Y

CP.f Tromwtm.

B O N D S OF 1869.

C IT Y ,N .J.,

PRICK Am> [ '.( H T K T U a S BPO.V
APPLICA TIU N .

Bonds Bm. W> to Wt
I merest. WIQ flo p •lone 1% I##Kl
A. U. B'LLIOTT.

Investment

E. H. ROLLINS & SONS,

0

44°o BONDS.

CALL,

O i l Trm»nr*stt l»m Moiae*, l o t * , will m y the.
Bond* of tb*C3ty o f lie** M-Artea, Iowa, ©a
M&tt after Sums 20U»,
;

Resumed

0

GOLD

M ayor C ity o f Hiumton, ST, Y,

a !fc CaTitsoiw.
Chairman Ifcmrd water Ctgmmlmiomet*,

LOANS.

BONDS.

The Board o f Trustee* of th e Village of College
Point* N, Y-. hereby invite bids fo r th e whole or any
part o f eleven |i.O 06 Oil tw enty-year four per
earnI w a ter homts o f salil village as authorized by
C hapter SKI o f t he Laws o f the ,*tate o f New York
wf
Bids are invited and will be received by
th e T ru stees of th e VIHaite at th eir room s in P opp*mhmm In stitu te, College Point, H, Y., up to 8
o’clock P. ML Ju n e is% ISSd. when and w here all Wds
will be opened. All proposal* m a st be accompanied
by certified check drawn to the order of V. B. Clair,
fatq.* T illage ■Trvmurnt, for five per cent o f the
mmottttt bid. th e balance to be paid by th e successful
bidder on. or before 12 o'clock Ju n e a tth , 189$, a t the
Ninth N ational Bank, PC Broadway, N&w York, when
and w here th e bonds will be delivered. The board re­
serves th e right to reject any o r all bids.

V» r- ed valuation o f City property 8 1 *4L3!*6. I *iO
T otal eximtng. City d e b t. , ............. .
fia K 'JO O

j A c tu a l v a lu a tio n a b o u t $ 5 ,0 0 0 ,0 0 0
; T o ta l t a x (p e r $1,000) 1 8 9 4 .$ 2 5 ’0 0
; V a lu e o f eo. p r o p e r ty ’9 4 . .$ 3 1 ,6 2 3
P o p u la tio n in 1895 a b o u t ___ 5 ,0 0 0

NEW

LOANS.

$ 1 1 ,0 0 0

C i t y o / K i t t f js t o n
MtmmBf*

B o n d ed d e b t A p r. 1, ’9 6 . $ 1 4 ,8 5 7
B lo a tin g d e b t . ...................
5 4 ,5 8 1
T o ta l d e b t A p r. 1. 1 8 9 6 .
69,411
T a x v a lu a tio n 1 8 9 5 ..........1 ,9 5 9 ,1 9 4

.$ 0 0 0 ,0 0 0 .

Of* THE

$ 3 4 ,0 0 0
F lo a tin g d eb t....................
T o ta l d e b t ...........................
5 8 6 ,4 7 8
C ash o n h a n d ...................
1 1 7 ,3 6 9
N e t d e b t M a r. 1 4 , 1896.
4 6 9 ,1 0 9
T a x v a lu a tio n , r e a l . . . . 9 ,7 4 1 ,8 2 0
T a x v a lu a tio n , p e r s o n ’l 3 ,5 2 6 ,1 2 0
T o ta l v a lu a tio n 1 8 9 5 ... 1 3 .2 6 7 ,9 4 0
A s s e s s in g a b o u t 4 0 p .c . a c t u a l v a l.
T o ta l t a x (p e r $ 1 ,0 0 0 )............ $28*20
P o p u la tio n in 1 8 9 0 w a s ........ 3 3 ,2 2 0
P o p u la tio n in 1 8 8 0 w a s ........ 1 5 ,4 3 5
P o p u la tio n in 1 8 9 4 ( e s t.) .. .4 0 ,0 0 0

C a n y o n C o'an ty, I d a h o .— T h e fig u r e s o f in d e b te d n e s s g i v e n
in th e f o llo w in g s t a t e m e n t h a v e b e e n c o r r e c te d t o A p r il 1,
1896, b y m e a n s o f th e r ep o rt o f R. S , M a d d en , T reasu rer.
C o u n ty s e a t is C a ld w e ll.
,

NEW

LOANS

W hen Due.

P ik e D e pa r tm en t —
5 s ..............$ 2 4 .0 0 0 ....................... 1 9 1 7
Sch o o ls—

A S S E S S E D V A L U A T IO N .—THe c ity 's equalized v alu atio n (about
one-fifth cash value) and the ta x r a te hav e been as fo llo w s:
Yeart.
Heal Mglale.
Per. Property.
Total iA.s».
s . Val.
Tosi, Tax Bale.
$4,60.8,398
$1,040,110
1 * 9 3 ...............$3,628,288
1 3 9 1 ..................................
4,624,497
1 8 9 3 .............. 3,590,572
4,829.703
1 ,2 39,131
4,557,404
1 3 9 2 ............................ ...
$66*34
4.2*9,263
1891 ..........
2,908,317
1 ,2 7 0 ,4 4 8
68*05
4,624,453
1890 .............. 3,269,9*4
1,354,469
5805
1 8 3 9 ................... ...............
4,671,742
1 3 3 * ............................. ..
4.334,781
P O P U L A T IO N —In 1890 p o p u latio n w as 24.863; in 1880 It w as
19,743.

NEW

P o p u la tio n i n 1890 w a s ..........2 ,2 9 6

31 S ta te S t„
B O STO N ,

REGKJTBBKD OR COUPON,

4.

i>. c. W a t e r B o n d * .
L °g a l I n v e s tm e n t fo r N ew Y ork
S a v in g s R a n k s.

P ric e a n d P a r ilc iila r s upon a p p lic a tio n .

F a r son,
•i

S K S D F O lt B IS T

Leach

&

Investment Bonds
FOR

New York S a v in g s

C o .,

WALL STREET.

BANKERS,
171 I,a S a lle S t„
C H IC A G O .

and
L IS T

SEN T

Banks

Trustees.
UPON

A P P L IC A T IO N .

M E M B E R S O F BO STO N A N D N E W Y O R K

City and County Bonds,
D IE T Z , D E N IS O N
35

& P R IO R ,

C f r * a R E M « S T R E E T , - B O ST O 'X ,
||f » # M ug io rfo r s t r e e t , C le v e la n d , O .

B

e n w e l l

&

E

,
ft W A L L ST*

v e r it t

M c h c r m e r h o r n B u ild in g ,

.MUNICIPAL ISSUES IN THE STATES OF
N E W

Y O R K

& N E W

A SPECIALTY1

JE R S E Y

STOCK liX . 2ANGE3.

R . L . D A Y & C O .,
4 0 W a t e r S t r e e t , B o s to n ,
S tr e e t, N ew Y o rk ,

7 N assau

THE

1004
L y n c h b u r g , Y a .—G . W . S m ith , M a y o r.

CHRONICLE

T h is s ta te m e n t

1896.
T o t a l f u n d e d d e b t ----- $ 1 , 7 2 0 , 3 4 2

h a s b e e n c o r r e c te d to F e b r u a r y 1, 1896, b y m e a n s o f th e

S i n k i n g f u n d s ..................

a n n u a l r e p o r t o f K . O te y , C ity A u d ito r .
L y n c h b u r g is s itu a te d in C a m p b e ll C o u n ty .

LOANS-

LOANS—

W hen D ue.

x. c. .—1887.
5 s , * J & J , $ 2 5 0 . 0 0 0 .......................... 1 9 2 1
Lynch,

h

.&

kk

S u b je c t t o c a ll a f t e r 1 8 9 7 .
M a r k e t H o use a nd G r o u n d s.
8 s , J & J , $ 1 0 , 4 5 3 ...............................1 9 0 5
8 s , J & J , $ 2 6 , 0 0 0 ...............................1 9 0 7

PERMANENT 1M1'.—1 88 2 & 1896.
5 s ,* J & J , $ 3 7 7 , 1 0 0 .......................... 1 9 1 6
S u b je c t t o c a ll a t a n y tim e .
5 s ,* J & J . $ 1 0 , 0 0 0 .......................... 1 9 3 0

P u b l ic I m p k o v e m e n t s —1 892.
5 s ,* J & J , $ 8 9 , 8 0 0 ............................ 1 9 2 6
S u b je c t to c a E a f t e r 1 9 0 2 .
* E x e m p t fro m ta x a tio n ,

3 1 8 ,2 8 2

3 9 0 ,8 4 3

4 3 6 ,0 0 3

3 9 6 ,3 2 6

$ 1 ,3 9 5 ,8 9 9

$ 1 ,4 1 3 ,2 3 9

$ 1 ,3 8 8 ,4 1 5

P r o p e r t y o f F i r e D e p a r t m e n t ...........................................................................
S c h o o l p r o p e r t y ...............................................................................................................
P r o p e r t y o f W a t e r D e p a r t m e n t .........................................................................
M i s c e l l a n e o u s c i t y p r o p e r t y , r e a l e s t a t e , e t c ..........................................

c i t y ’s d e b t i s l i m i t e d b y i t s c h a r t e r t o 18
p e r c e n t o f t h e ta x a b le v a lu e s a s s h o w n b y th e h o o k s o f t h e C o m m is ­
s io n e r o f th e E e v e n u e .

ASSESSED V A L U A T I O N . — T h e c i t y ’s a s s e s s e d v a l u a t i o n ( a b o u t 9 0
p e r c e n t o f c a s h v a lu e ) a n d t a x r a t e h a v e b e e n a s f o llo w s :

m

D eal
E s ta t e .

Y ea rs.

P erso n a l
P r o p e r ty .

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

T o t. A s s e s s e d O ily T a x
V a lu a tio n , p . $ 1 ,0 0 0 .

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

P O P U L A T IO N .— I n 1 8 9 0 p o p u la tio n w a s
1 5 .9 5 9 ; i n 1 8 7 0 i t w a s 6 .8 2 5 .

fo u r y e a rs :

s w e

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

T o t a l ............................................................................................................................... $ 7 1 4 , 7 3 2

TOTAL DEBT, SINKING FUNDS, E T C .— T h e s u b j o i n e d s t a t e
m e n t s h o w s L y n c h b u r g ’s t o t a l b o n d e d d e b t a n d t h e s i n k i n g f u n d h e l d
b y th e c ity a g a in s t th e sa m e o n th e 1 s t o f F e b r u a r y o f e a c h o f th e la s t

to

as

DEBT LIMITA T IO N . — T h e

C ity T r e a s u r e r , L y n c h b u r g .

x

1893.
$ 1 ,7 8 4 ,7 4 2

N e t d e b t F e b . 1 ...$ 1 ,4 0 2 ,0 6 0

t A11 i n s i n k i n g f u n d .

m

1894.
$ 1 ,8 4 9 ,2 4 2

CITY PROPERTY.—T h e r e a l a n d p e r s o n a l p r o p e r t y o f t h i s c i t y ,
c h a r g e d o n t h e c i t y ’s h o o k s , i s v a l v e d a s f o l l o w s :

I N T E R E S T o n t h e L y n c h b u rg & D a n v ille E E . b o n d s is p a y a b le In
B a l ti m o r e ; o n a l l o t h e r b o n d s I n t e r e s t is p a y a b l e a t t h e o llic e o f t h e

m

1895.
$ 1 ,7 8 6 ,7 4 2

T h e s i n k i n g f u n d r e c e i v e s y e a r l y o n e p e r c e n t o f t h e c i t y ’s n e t d e b t .
T lie a m o u n t o f c it y b o n d s iio id b y t h i s f u n d a n d t h e c a s h b a l a n c e t o
its c r e d it o n F e b r u a r y 1, 1 8 9 6 , w a s $ 3 4 6 ,5 4 0 5 4 .

When Due.

P u b l ic I m p k o v e m e n t s — 1 8 9 0 .
4 s ,* t J & J , $ 6 0 , 0 0 0 ............................ 1 9 2 4
E e d e m p it o n B o n d s — 1 8 7 9 —
5 s ,* J . v J , $ 1 1 6 , 1 0 0 .......................... 1 9 1 4
E e t iiie F l o a t in g D e b t 1 8 7 9 —
5 s ,* J & J . $ 5 0 , 0 0 0 ............................ 1 9 1 4
Sc h o o l B onds— 1871 a n d 1880.
8 s , J & J , $ 3 0 , 0 0 0 ...............................1 9 0 5
T a x a t io n B o n d s — 1 8 6 6 .
6 s , J & J , $ 4 8 , 0 0 0 ...............................1 9 0 3
V a . & T en n . E E . B ond s.
6 s, J & J , $ 1 7 0 ,4 0 0 .... 1 8 9 0 to 1 9 1 5
W a ter B ond s—
6s, J & J ,
$ 3 5 , 0 0 0 .......................1 9 0 4
6s, J & J ,
3 5 , 0 0 0 ........................ 1 9 1 2
5 s ,* J & J ,
1 0 0 , 0 0 0 .......................1 9 1 5
5 s ,* J & J ,
2 0 , 7 0 0 .........................1 9 1 6
S u b je c t to c a ll.
5 s ,* J & J ,
3 8 , 5 0 0 ........................ 1 9 2 6
S u b je c t to c a ll.

FU N D B O iN T H ltE S T — 1 8 6 0 & 1 8 7 1 .
$ 1 , 2 4 1 ...............................1 9 0 0
8 s , J & J , $ 5 3 , 0 4 8 .................1 9 0 1 - 1 9 0 5
G knkkal E x pen ses— 1871.
8 s , J & J , $ 5 0 , 0 0 0 ...............................1 9 0 5
L y sc h b u k o & D a n . E E .—1871.
6 s , J & J , $ 2 0 0 , 0 0 0 .................. . . . . 1 9 0 1

6s, J & J .

[VOL. LXII.

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

$ 1 5 '0 0
1 5 -0 0
1 5 '0 0
1 6 -0 0
1 6 -0 0
1 5 -0 0

in 1 8 8 0 it w a s

city

v

I n t h e f o l l o w i n g i n d e x R e f e r e n c e i s m a d e b y thex> age n u m b e r t o e v e r y i t e m r e g a r d i n g S t a t e , c i t y , t o w n o r c o u n t y f i n a n c e s w h i c h h a s b e e n
p u b lis h e d i n t h e C h r o n ic l e s in c e t h e is s u a n c e o f t h e l a s t St a t e a n d C it y S u p p l e m e n t , A p r il 1 1 ,1 8 9 6 . I te m s i n t h e c u r r e n t n u m b e r a r e n o t
n o te d in t h e in d e x . F u ll- f a c e ty p e s r e f e r t o l a t e s t r e p o r ts e f t o t a l d e b t, a s s e s s e d v a lu a tio n , & c. T h is in d e x w ill b e p u b lis h e d i n t h e S t a t e a n d
C it y D e p a r t m e n t o f t h e C h r o n ic l e o n t h e l a s t S a t u r d a y o f e a c h m o n t h .

NEW

N E W LOANS.
-------- --~ ___~y~~ ~~r»Hr*i; __

LOANS.

NEW

LOANS.

BONDS.
M U N IC IP A L

BONDS

FOR INVESTMENT.
P A R T IC U L A R S

UPON

A P P L IC A T IO N .

M a r i e t t a , O h i o , I m p r o v e m e n t . . ........................ 6 s
C h a r l e v o i x . M i c h , R e f u n d i n e .............................5 s
R i c h m o n d , I n d . , F u n d i n g ......................................... .3s
D e a r b o r n C o u n t y , I n d . , F u n d i n g : ...................... .3s
T e r r e H a u t e , I n ., F u n d i n g ................................. 4 s
R i c h m o n d , I n d . , S t r e e t I m p r o v e m e n t ........6 s
M i t c h e l l , I n d . , K l e c t r i c - L i g l i t ..............................6 s
Y o u n u s t o w n . O h i o , I m p r o v e m e n t ....................3 s
H l u f l t o n . O h i o . W a t e r .................................................. 5 s
B o n d l l i l l , O h i o , W a t e r ............................................. 3 s
X e n i a , O h i o , F u n d i n g .............................................. 4 ^ s
P i q u a , O h i o , W a t e r .................................................... 4 k s
M i d d l e t o w n , O h i o , W a t e r ....................................... 5 s
C o r s i c a n a , T e x a s , S e r v e r ....................
5s
A s t o r i a , O r e g o n , ( G o l d ) , W a t e r ..................
5»
L a u r e l , M d „ S t r e e t I m p v o v e m e n t .................. 5 s
FOR s a l e a y

Rudolph

Kleybolte & Co.
BA N K ERS,

M EM B ER S O F T H E N E W Y O R K A N D BO STO N

M ills &

B lanchard,

Blake Brothers & Co., M U N IC IP A L BONDS
STA TE
NA SSA U

STR EET,
S T .,

Y O RK

D e v o n s h ire

16 S t a t e S t r e e t ,

GOVERNMENT

and

B o s to n , M ass

WHANN& SCHLESINGER
M U N IC IP A L

Bought and Sold.
W. H A R R IS

C H IC A G O .

BO STO N.

U .il S T R E E T .

&

C O .,

P H IL A D E L P H IA .
-

NEW

BONDS.

,

STR EET,

NEW

Y O R K .

M O R T G A G E LO A N S
TEXAS.

BA N K ER S,

16 Congress Street, Boston.

STATE

it W A L L

CITY A RAILROAD BONDS

I n t e r e s t 7 P e r C e n t N e t.
NO

GOVERNMENT
M U N IC IP A L ,
S T R E E T R ’W A Y

C O M M IS S IO N S c h a r g e d b o r r o w e r o r le n d e r
u n t il lo a n s h a v e p r o v e n g o o d .

FRA NCIS S M IT H «fc CO.
S A N A N T O N IO . T E X A S

E D W D . C. J O N E S
421 C H E S T N U T S T R E E T .
P H IL A D E L P H IA .

C O .,

80 B R O A D W A Y ,
N EW YORK.

W. N . Coler & C o.,

M U N IC IPA L BONDS.

V O K H .

Blodget, Merritt & Co.,
^

BOSTON.

BA X K BRS.

BANKERS
U W

121 Devonshire Street,

B u ild in g ,

M U N IC IP A L BONDS

N

B A N K ER S,

BONDS.

B O U G H T A N D SO L D .

BO STO N.

NEW

E. C. Stanwood & C o.,

L IS T S S E N T U PO N A P P L IC A T IO N

IBANKERS.

5

BONDS.

CINCINNATI, O,

STO CK E X C H A N G E S.
D E A L E R S I N C O M M E R C IA L P A P E R ,

28

M U N IC IP A L

34 NASSAU STREET.
W . J . Hayes & Sons,
B A N K E R S ,

DEALERS IN MUNICIPAL BONDS'
S t r e e t R a ilw a y B o n d s , a n d o t h e r h i g h - g r a d e i n ­
v e s tm e n ts .
B O S T O N , M A S S .,
C l e v e la n d , O h io ,
7 K x c h u n g e P la c e .
3 1 1 - 3 1 3 S u p e r i o r SB
Cable Address “ K EX xV E T H ”

THE CHRONICLt

JIaY30, 1896,]
siis
730
Ambler. Pa,.......... 750,
3
Anaconda, Moat..........
918
Arkansas.. ..........
AtciiSao®. Km,......
Athena. Ga.. . . . . . J89, 23
Atlantic Highland-*. New
Jersey..........687,878, 959
AKifustiMfa...
Augusta. Ky,--- .......... 8?
TYalitmore, Md..... .750. 793
JOaltimore Co,. Md...... 697
Barre, V i.......
87S. 91.8
Belfast,Ale. . .. ......... 7»5
Bellevue, o.... ...........
BexarCounty, Tex.,..... i?9
959
Biiaeliester. Ohio. ,878, 959
BooaeCcu la............. 697
Boston, Mass. .......607, 7V4
Brockton. Mass— .... 878
Brooklyn, N. V...... 750, 859
BnlokiyisTwp.£ch.;DGU
CuyahogaCo., Ohio..,.
BrownOx, Tex...........
Brunswick, Me...... 878.
Brunswick, Md.— ...... S
Buffalo Center, Iowa....
Buffalo, N. Y. ............ i l
Burlington. Ia.798.84 *2, 959
BarilogtoBLVt....... 70S, 839
750
Butts Co.,Ga.
/Cambridge, Mass...6^8. 730
V/amden. N. J...... 7SKI, SO*
Canton, OWo............. 793
C*l»eCharles, V*,,....... C9S
Cape Glmdeaa, Mo....... 733
698
Cape May. N J
CarbonCo., wyo........ - 8 v->
Carrod Co., Mo,........... 7m
CasaCo., Mo— ... -881. 918
Cat«*kill, X. Y. .. -Sid, 050
Cecil Co.. Md.............. 918
91*'
Cedar
Iowa
Cheater. 9. C..............
WO. % . ---------g lO
im&m. Mmm—
CSncinaatl. G__eM 788,
^78
Cto Co., 1»>............. J
Clayton. X. Y.,,.... ......
Cleveland,
Ml»,
840,
Cleveland School Di»~
trios, O.....
CUntoti, Ma*#.,...,........
Cohocfoti. X. Y...........,
Cold Spring, Jf. V_.816,
ColeCo., Wo........*.mm.
Idea, Iowa.........
A lexan
drts* Va......

S

College Point, N. Y.793, 918|Tefferson Co., Mo.......
Columbus, Ga— ......... 760 ; m
Columbus, O......... .750, 793
Consbohoeken. Pa....... 960 K ansas City, Mo.......
ensington, Md.......
C u m b e r l a n d , M il .............
9 60
CiiyahogS Co., 0 .......840,
919 Kittson Co., Minn........
TAayton, Ohio— ....... 793 T ake Co., Ore..........
Ueaf SmithCo., Tex... 878 : Ajaneaster, u„ — ......
BeerLodge-County,MonLansdowne, Pa.......
tana,..............
698 Lansingburg, N. Y...—
Delta, Iowa.... .......... 81» Laredo, Tex . ............
Denver. Col..............
Latrobe, Pa ....__7K4,
lies Moines, Iowa........
919 \Lead, So.Dak ...........
Detroit, Mioh........
700 Leominster, Mas*— 730,
Dickinson Co., Kan...... 8S1 Lewisburg, West Vir­
DoJgevslle. N. Y.......... 8i0 ginia..................
Wash.........
Duluth, Minn............ 840
Lexington, Mass... ..811,
Lincoln. Cal ......750,
Little Falls, X. v........
Kulaula, Ala.........
810 Livingston, Mont........
Eugene, Ore....--- .698, 840 Los Angeles, Cal.........
Evanston. Wyo...... 878, 960 Lowell, Mass..........
Lucas Co.. Ohio. ..... —
T7all River, Mass....698.
Lynn, Mass. ....... .750.
1
793,840, 878’
Flushing, Mich........... *10 \Tclntyre, la.. — ......
cKeesport, Pa...811,
Flushing, N. Y,............ 750
Fort Gibson, Miss........ 750 Mabel, Minn...,8ll,879,
Foxboro, Mass......,878, 919 Macon, Ga........... .794,
M
ad
ison, s, J— .........
Franklin Ox. Ohio....... 793
FremontCo., Col......... SS2 MahanoyCity, Pa .. —
MaldensMass............
/ pallia Co., Ohio........ 960 Malvern, Pa ..........
*J alveston Oe* Tex— 9Gd Manchester. X. H....699,
9*0 .Mankato. Minn..........
Gaylord, Mich—
..750,
Georgia. ............. 098, 79s Mansfield,O .
Goring Irrigation Dis­
MaricopaCo., Ariz. ....
trict, Neb— ............ 730 MarineCity, Mich....
Maryland............ .699,
Gloucester. Mass.........
Grand Ledge. Mich 688, 840 Massachusetts.............
Grand Rapid#. Mich.750, 87- Medford, Ore.....
Grant Co., f. B— ....... 7m Melrose. Mass......879,
Greeley Co„ Neb.......... 793 Memphis, Term,.........
Greensboro, N. € ....... 750 Meridian, Miss , 794,
Greenwood. 8. 0.... .698. 793 Meservey low*...........
Methuen, Mass...........
mm Mexia City, Tex.,........
mm Miami Co., O......... 750,
919 Miller’* tails. Mass..750.
8ll Millville, Pa......
Milwaukee. Wis.. .......
878 MlsstSSlpel,.................
8*1 MissoulaOx. Mont. .750,
Mi Mi.ASOtt.rt ...............
919 Moberly. Me.........
tm Monroe, Mich..
Mt Monroeville, O..
m® MOntgO:Oiry Ob, Kan...
w®
Mo.. ___ _
Mr. Airy, N. C.............

I N V E S T M E N T S IN

794 j Mt. Airy Village School
Ripley, OMo......... . —
District, Ohio ----.... 879 Rochester, N. Y..........
i Mt. Gilead, 0...841, 919,
Rock Rapids la.794,880.
794 SMt. Vernon, X. Y........
! Rockville, Md....... .
750 f Mt. Vernon, Ohio....... .
! Rockwell City, Iowa.....
791 j Mt. Vernon, Wash.......
Rome, '.a..................
Ruthven, Iowa...........
Rutland, Mass— .........
96*2 Vf ashville, Tenn... .811,
atick. Mass...........
Rutland, V.t........... .
750
960 \NewBedford, Mass..750,
841 i Newburyport, Mass......
Fla......
S t.t. Augustine,
Bernax*d, O........ .
963 New Haven, Conn.......
960 Newton, Mass.8?S, 960,
St. Lonis Co.,Minn......
811 INewYork, N. Y.751, 704,
St. Louis, Mo,............
870, 919,
Salem, Mass......... .—
794
; New YorkState..... 878,
Salem, O. ............ .....
609 North Adams, Mass......
SanMateo Co., Cal.......
North Lewisburg, O.....
Schuylkill Co.. Pa........
8»3 j! N
679 orth Platte Suburban
Scottville, Mich...........
SharpsviUe^JPa........
794 ! Irrigation Dist., Neb...
841 iNorth Tarrytown. N. Y.,
Sing Sing.’rs. v....... . .."
794
751,794.
Norwalk, O...
Skaneateles, N. Y...880,
Snow Hill, Md__...922,
7 U ! Norwood, 0.......
Norwood, Pa-....
Sprague. Wash..
879 Springfield, Ohio..
S3 Nyack, N. Y......
Stafford Co.. Va......
750 i
Stanislaus Co., Cal,.
0 m&wWeb.Vm.'i 'm ,
§ Oregon City, Ore......
neham
Oxford, N. Y....... .009,
rpacoma. Wash
3g!
919 P acific Co., Wash .....
i Aaliapoosa, Ga.....922,
Taneytown, Md..........
841 1 assaic Co,, N. J........
! Taunton, Mass
750 Paterson, N. J... — . —
Three?Oaks. Mioh..
879 1Paxton, 111.................
750 SP e t e r b o r o . N . H .................
[ Toledo, Ohio........
960 i Petersburg, Va..690,879,
fTkiah, CaL
SS2 !
t )J Than
rbana,
a. u.........
75o : Philadelphia, Pa.... .<&>,
Utah— ..........
794 Pittsburg, Pa......... .
; Utica, N. V........ .922.
019 i Pittsfield. Mass............
Poeomofce City, M*1.841,
796 P
onchanrain Lev. Dist.,
yiotorta Co.,1«m ..880.
960 ; N. o.. La.......... .
P
»L* ! ort Gibson, Miss.... —
\\ akefleld. Maas.......
919 1Portland, Me.......... .
" allace. Wash........
7 9 4 Portland, Miefa. .........
Priweetoii,Mo.... ....
Waltham, Mass..........
Washington Ga..... .699.
s ? s Providence, R. I...880.
060 I
9 6 0 Wedsvine. O...............
West Point, Ga............
750 *
tltion* Co., N. V.
S80 Westport. Mo... 099. 752,
n Q
WllkesbarreSch. D., Pa.
Wilmerditig, l*a...... —
751 j Windham, Conn..........
e, Wis..
sfg lI )R acm
a n d o lp h , M a s s — 761,
1*80 Wood Co., W. Va— 922,
704
099 i RansomCo., N. D....731, 921 Woonsocket, R. I........
750 IRapid City, 8.D.......... 8 8 i |Worcester, Mass..... —
704
R
ich
m
ond,
Ya
............
964
Richmond Co., N. Y.8I2, 060 5 onkers, N. Y . . .........
m) R i c h m o n d H ill, N . Y.8H0, 922 • Y onngstown, ohio.....

M ISCELLA N EO U S.

FINANCIAL.
T H E SO UTH .

1850.

1896.

Exchange Banking & Trust T h e U nited States Life
Companv.
Insurance Co.
CHARLESTON, S. C.
A»chorl*r4
.... *1.600.090
f>«M »P Capita!
*100.000
Tranwneia « tianeral ISnnUlns and Tran
Baalnena, Intam.t Allowed nn Dn»o«lt,.
Ottfr*tt. **-rvu;' tv >n?mu<r* tor ttw pori&MStnt
min ail. .'.tvt<!.-n't.j^rtad
fr:-tu,t ral and
fi&het good Bond# and Stock#
Also Farming and Timber Lands* Mill
Sites, Water Powers, etc,, etc., in me
Southern- States. Cotvvspondenee invited.

1005

IN T U B C I T Y O F N E W Y O R K .

II

922
751
922

rM

961
751

901

751
752
842

795

7f £

9:32
061

7l l

922

11
842
961
880
922
961
795
961

1

961

90,
961

I880

752
922
961

881
79

M ISCELLA N EO U S.
WE
OFFER
A LARGE,
d e v e lo p e d , eq u ip p e d and p r o ­
d u c in g G o ld M ine, w ith e x c e p ­
tional natural a d v a n t a g e s for th e
e c o n o m i c a l m in in g and m illin g
w ith w a t e r sufficient to furnish
p ow er. T h e ore is free milling,
a v e r a g i n g $8 p e r ton over th e
plates and can be m in ed and
milled for le s s than $1.50 p e r
ton.
T h e mine h a s " o r e in
s i g h t ” to the net value o f m any
tim es the price o f the prop erty .
T h e title to the p ro p e rty is p e r ­
fect and free from d eb t and a s ­
su res to in v estors la r g e and
con tin u ou s returns.

Thu#old and reliable?Companyn»*w ha* the exper
tmm of forty-vix year# of: praetlettl Life liisttimnee,
erltlnhha# tmwki. ft that, the*#**
non of euceeee
l« the adoptionof «uotI plans of insurance, and the
pursuit “t a liberal policy towunis b*>fhits Insured
nod It* Agents, These essentials it p-oadesaes in an
mnimtat *l«-‘gr*x-, tmt iudk'iously tempered by that
CMtsaorvaiDmwhich is the beat possiblessafeguardof
the policy-"holder, it# ooniraet# arc* bacontestable
after two years. The areison-Kirfciting, providing
gea*?rally for either paid-up policyor extended m
aumcioe, at theoptionof the policy-holder. It gives
torn day* of grace in payment or all premiums, it#
coursedttftttirthe past forty-five years abundantly
dmmmMtmtmit#absoluteieeurity.
B fF lC B S H .
Aeiire and
l Agtmi*,wishing to rep
GKO. B. EBWARD6, President.
resent this Company, may communicate
P. 3f* PICKEN8. Cashier.
with the J*rmldentt at the Home Office,
R. IL MUCKENFUSA. Secretaryend Treasurer.
161 Broadway, New York.
J . L A M B P E R B T .S o lic ito r.
8MYTHE A LEE, General Counsel.
OFFICERS:
Correspondence Invited. Mining Department of
D I R E C T O 118.
GEORGE II. BLRFORD......... ..President
T H O a . fL M c G a HA N. o f T . R . M c O a h a n & C o „ C. P FRALEIGIL................
Secretary
A. C . F R O S T & C O .,
wtKH«»<oi- dry good*.
WHKBLWRIGHT............ Assi.8f.ant Secretary
WILLIAMM. biro, of WilliamM. Bird & Co., whole A.
WM. T. STANDxN..................
....Actuary
sale paint# and oik.
J
DEALERS IN MUNICIPAL RONDS,
KY............................ Cashier
Jamis Ai.LANof James Allan A Co„ Jeweler#.
Medical Director 1 0 8 L A S A L L E S T R E E T , C lilC A C iO
.L H. W. Koenio with Knwp, Frerieha & C<ucottnr JOHN P. MUNN................
KINANCK COMMIT! i.
exportersGKO. G. WILLI AMS........ Prest. 0hcm. Nat. Bank
G®
o. B. &0WAMB&, the PresMleut.
JOHN J. TUCK>U__ ...... ..
. .... .Builder
K H. Pr.RKINS. .1m, Prest. Imp. &Traders' Nat. R'k
JAMES IL PLCM.............. .
.......... Leather

J . Spencer T u rn e r,

SECURE

C.

H.

White &

BANK

VAULTS

Co.,

MANUFACTURER AND DEARER IN

C O T T O N SAIL DUCK

BANKERS,

ANT* Abb KINDS OF

7 ' j ; B R O A 0 IVAV, N E W l O R S .

B t 'Y A W B 6 E I . I .

M u n i c i p a l an d Fi r s t M o r t g a g e
R a i l r oad B o n d s .
11STS ON APPLICATION* *

QENUINE
W ELDfcW CH ROM E S T E E L A N D IR O N
Koiijni undHat Bars and ->r1>’Plafee and Anglea.
FOB HAMS, TA0XT.S. 00.
Cannot bo Sawed. Cut or Drilled, and positive!*
Burglar-Proof
CBKONE

the

w a l l s t r e e t jo u r n a l

m •y»#r,

Dow, j&MM8 ■&Co,, 44 Broad Street

S T K K I.

W O RK S,

Kent Are., Reap &HooperSts.,
Sole Maa»f 'ereinthe D. 8. BKOOKI.VN. N. V.
A N D R E W S

OF FIC E

DESKS.
AKDBSW S

gives valuablefnformation dallyonstock#*»d bets'

1 SUCCESSOR TO

IJiTiiekerltaflr, T u r n e r Ac C o.,

i< T C H iN U C O ,

COTTON CANVAS FELTING DUCK,
CAR COVERING BAGGING.
RAVENS DUCK, SAIL TWINE, &G,
POPE "AWNING ” STRIPES.
AGENT
U N IT E D

STA TES

H U N T IN G

CO.

A full supply, all Width# and Colors, always
stock.

109 Dunne Street, New York.

R O B E R T S B R O S .,
tBSTAlIUSHEn 1J84.)

INVESTMENT BANKERS.

Spokane,

W a sh .

Banka«d Office Fittings, Flue Brass Work, Special S e l e cBt ee dn d * . W a rCr ao nu tns t ya ,n dC iLt yo ,a nSsc, h o o l
designs on appHeaf-ion.
N E T T IN G 5 TO 8 P E R C E N T .
SIK» FORCATALOGXJS.
J„ a KOBKHTS.
W. B. ROBrntm
76 F ifth A vc,, N ew V o r k C ity.
CORK-ESP0NDKNCB SOLICITED

THE CHRONICLE.

1006

[Vol. L2.II.

Ihiuhevs atixl 13vohers (Out of |Ic\u Tlcivli.
________ P IT T S BURG.________

C H IC A G O .

A. O. Slaughter & Co., Henry Sproul
T8
B A N K E R S

A N D IB R O K E U S ,

1 1 - 5 - 1 1 7 JLA S A l . L E

S to c k

E x c h a n g e , C h ic a g o

S to c k E x o h a n g e a n d C h ic a g o B o a r d o £ T r a d e .

Jamieson & Co.,
‘

MEMBERS OF THE
N E W Y O R K STO CK E X C H A N G E,
P H IL A D E L P H IA STO CK E X C H A N G E ,
P I T T S B U R G E X C H A N G E (8 M E M B E R 8 ).
C H IC A G O S T O C K E X C H A N G E ,
C H IC A G O B O A R D O F T R A D E .

N. Holmes & Sons,

STOCKS—BONDS,

B A N K E R S .

M e m b e r s N e w Y o rk a n d C h ic a g o S to c k E x c h a n g e s .
187

DEARBORN

T . Mellon & Sons’ Bank,

MORTGAGE BANKERS,
S T R E E T ,.C H I C A G O .

F i r s t M o r tg a g e s f o r s a le i n l a r g e a n d s m a l l a m o u n t s
n e t t i n g I n v e s t o r s 5,
an d 6 p e r c e n t se cu re d by
I m p r o v e d a n d i n c o m e - b e a r in g C h ic a g o c it y p r o p e r t y .
P r in c ip a l a n d I n te r e s t p a y a b le in G o ld .
C O R R E S P O N D E N C E S O L IC IT E D .

P IT T S B U R G H , PA .
G EN ER A L

B A N K IN G ,

IN V E S T M E N T S .

E . W . Clark & Co.,

(INCORPORATED)

BA NK ERS AND BROKERS

PAPER

N o. 139 S o u th F o u r th St.,
P H IL A D E L P H IA .
T r a n s a c t a g e n e r a l b a n k in g b u s in e s s .
A llo w
i n t e r e s t o n d e p o s its .
M e m b e r s o f t h e P h i l a d e l p h i a a n d N e w Y o r k S to c k
E x o h a n g e s , a n d c o n n e c t e d b y p r i v a t e w i r e w ith
N ew Y o rk .

154 La Salle St., Chicago, 111.

Hart

& Frank,

M O R T G A G E
B A N K E R S ,
9 2 A N D 9 4 W A S H IN G T O N S T R E E T ,

Edward B. Smith & Co.,

CH IC A G O , IL L .

6

0

F i r s t M o r tg a g e s f o r s a le o n i m p r o v e d
/
C h ic a g o C ity R e a l E s t a t e . P r in c i p a l a n d
' 0 I n t e r e s t p a y a b le i n G o ld .
C O R R E S P O N D E N C E S O L IC IT E D .

BO URSE

Davenport & Co.,
B R O K E R S ,

R IC H M O N D , V IR G IN IA .

Y o r k S to c k E x c h a n g e s .

BA N K ERS AND BRO K ERS,
St a t e b a n k B u il d in g ,
R I C H M O N D ,
V A .
P r i v a t e w ir e s c o n n e c t i n g w i t h W a s h i n g t o n , B a l ti ­
m o re , P h i la d e l p h ia , N e w Y o rk , B o s t o n a n d C h ic a g o .
N e w Y o rk C o r r e s p o n d e n ts : M e s s r s . L a d e n b u r g ,
T h a l m a n n & C o. a n d L e h m a n B r o s .

J . P. Andre Mottu & Co.
.

S t a te , C o u n ty , C ity a n d R a i lr o a d B o n d s . I n d u s ­
t r i a l S e c u r itie s . F u n n i n g a n d T i m b e r L a n d s , M in ­
i n g a n d C ily P r o p e r t ie s .

C IN C IN N A T I.

DEALER S IN

High • tira d e

In v estm en t Securities.

M unicipal Bonds a Specialty.
W i l l i a m W IL SO N & S o n s , E s t a b l i s h e d 1802.
W i l s o n , C o l s t o n & C o .,
••
1867.

Wilson, Colston & Co.,
M e m b e r s o f B a l t i m o r e S to c k E x c h a n g e ,
r______ ,
BA N K ERS,
2 1 b E a s t B a ltim o re S tr e e t. B a ltim o re .
I n v e s t m e n t a n d M is c e lla n e o u s S e c u r i t ie s a s p e c ­
i a l t y , a n d w h o le i s s u e s h a n d le d .
E x c e p ti o n a l f a c i l i t i e s f o r d e a li n g s in a ll c la s s e s o f
S o u th e rn B o n d s.
L o a n s o n C o lla te r a l S e c u r i t ie s
n e g o ti a te d .

SESSIONS & C O .,
INVESTMENT BANKERS

COEUMRUS,

OHIO.

( E s t a b l i s h e d 18 8 L )
F i r s t M o rtg a g e L o a n s on C o lu m b u s R e a l
________________E s t a t e a S p e c i a l t y .

B U F F A L O , K. If.

J . M. Klingelsmith,
E R IE

COUNTY

S A V IN G S

B U IU D IN G .

Accountants, Set.

B tow A K D s W h i t a k e r .

Ch a r l e s H o d g m a x

Whitaker & Hodgman,
B O N D

A N D

STO C K

2 0 0 N o rth

B R O K E R S ,

F o u rth

Wesley Farrington,
C a t e A u d i t o r o f N . Y . U . E . <fc W . R H . C o .

E X PE R T ACCOUNTANT,
203

B R O A D W A Y ,

ST. LOUIS.

N E W

Y O R K .

R o o m s 601-602 M a i l a n d E x p r e s s B u i l d i n g .

W M . FRANKLIN

S tre e t.

J. E. Crawford & Son.,

BOOKS

HALL,

ACCOUNTANT A U D I T E D

Seasongood & M ayer,
8 . W . C o rn e r T h ird a n d W a ln u t S tre e ts ,
C IN C IN N A T I, O H IO .

M U N IC IP A L BONDS
H ig h - G r a d e C ity , C o u n ty , T o w n a n d S c h o o l B o n d s ,
is s u e d in Jo a d in g p r o s p e r o u s S t a t e s o f t h e U n io n ,
e s p e c ia lly a d a p te d f o r s a f e a n d p e r m a n e n t i n v e s t ­
m en t fo r E s ta te s an d T ru st F u n d s.

Irwin, Ellis & Ballmann,
BANKERS AND BROKERS,
Bo n d s ,

N e w N o . 3 7 E n e t T h i r d S t., C in c in n a ti,O h io .

S ettle m en t o f In so lven t E sta tes.
418 E r c h a n g e B u ild in g , 53 S t a t e S t r e e t , B o s to n

B o n d a n d BSt o c k B r o k e r s .

gugiuccrs.

S tre et Kailway Securities a Specialty.
305

P IN E

S T R E E T .

S T . E O T JI8 , M O .

in cin n a ti

7 E x c h a n g e P la c e , B o s to n ,

N e w f o r m s d e s ig n e d f o r b o o k s o f a c c o u n t .

NORFOLK, VA.

C

F. H . C. Reynolds & Co.,

STOCK AND BOND BROKERS,
28 South T h ird S treet, P hilad e lp h ia .

B R O K ER S,

IN V E S T M E N T S

S tr e e t J ta iltv a y B o n d s a S p e c i a l t y .

Y O R K S E C U R IT IE S D E A L T IN .

_________ ST- LOUIS._________

in

1^

S e c u r itie s .

W m . G. Hopper & Co.,

C. W . Branch & Co.,

P eal

D EA LER IN

I n v e s tm e n t

A L L LO CAL A N D W E ST E R N N E W

S p e c ia l a t t e n t i o n g iv e n t o I n v e s t m e n t s . D i v id e n d s
a n d I n t e r e s t c o ll e c te d a n d p r o m p t ly r e m i t t e d .
P . O. B o x 1348.
L o c a l t e l e p h o n e 160.

SO U T H E R N

53 S T A T E S T R E E T , K8Ui.-

W . G. H o ppe r .
H . S. H o p p e r .
M e m b e r s o f P h i la d e l p h ia S to c k E x c h a n g e .

ESTABLISHED 1860.
C o’r e s p o n d e n c e solic>+^d « n ii i n f o r m a t i o n f u r ­
n i s h e d a b o u t S o u t h e r n S t a te , M u n ic ip a l a n d R a i l ­
r o a d I n v e s t m e n t S e c u r i t ie s
R e f e r e n c e —B a n k o f N e w Y o r x N . B . A .

IN V E S T M E N T

S. D. Lori qr}

B U IL D IN G ,

M e m b e r s P h i la . a n d N e w

________ S O U T H E R N .

A N D

P R O V ID E N C E , R . I.

B A N K E R 8 A N D B R O K ER8,

PHILADELPHIA.

B A N K E R S

S T R E E T ,

D e a le r s i n C o m m e r c ia l P a p e r , G o v e r n m e n t s a n d
o t h e r f ir s t- c la s s B o n d s a n d S e c u r i t ie s , a n d F o r e ig n
Exchange.
P r i v a t e t e l e g r a p h w ir e t o N e w Y o r k a n d B o s t o n .

C O E E E C T IO N S .

PHILA D E LP H IA .

A. G. Becker & Co.,
COM M ERCIAL

BA N K ERS AND BROK ERS,
N o. 52 W E Y B O S S E T

CO RRESPO N D EN T8
B a n k o f N e w Y o rk , N . B. A .
F i r s t N a t io n a l B a n k o f P h i la d e l p h ia .

Loeb & Gatzert,
S A L L E

Wilbour, Jackson & Co.

H ig h ' G r a d e

C h ic a g o , I ll s .

LA

Be n j a m in A . J a c k s o n .

P IT T S B U R G , PEN N .

STR EET,

P r i v a t e w i r e t o N e w Y o r k a n d P h i la d e l p h ia .

135

A V E N U E ,

P IT T S B U R G , PA .

STR EET,

C H IC A G O , IL L S .
M e m b e rs N ew T o r k

F O U R T H

& Co.,

MISCELLANEO US^
J o sh u a W il b o u r .

F.

J.

Picard,

C O N S U L T I N G

Graham & M cCart,
B A N K E R S

C R IP P L E

A N D

B R O K E R S ,

C R E E K , COLO.

I f y o u d e s ir e a P a y M in e , s to c k p a y in g r e g u l a r l y
m o n th l y d iv id e n d s , B o n d s a n d L e a s e s u n d e v e lo p e d
m in in g p r o p e r t y , o r o r g a n i z e d c o m p a n ie s , w r i te f o r
in f o r m a t io n .

A. Strass burger,
STOCKS & BONDS B R O K E R ,
S O U T H E R N IN V E S T M E N T S E C U R IT IE S ,

Montgomery, Ala.

E N G I N E E R ,

COEUM RUS, O H IO .
Examinations and Reports Made for
Bankers and Investors of Railroad, Coal
Mining, Oil and Electric PropertiesREFEREN CES

SEN T.

|os. O. Osgood,
M . A m . S o c. C. E .
C o n s u ltin g E n g in e e r.
R e p o r ts o n I n v e s t m e n t P r o p e r t i e s f o r B a n k e r s
a n d In v e s to rs .
E x a m in a t io n s in r e g a r d t o p h y s ic a l c o n d it i o n a n d
c h a r a c te r , e a r n i n g s , m a n a g e m e n t , n e e d s , v a lu e , e t c .
R a i lr o a d L o c a tio n a n d C o n s tru c tio n .

120 BROADW AY,

NEW YORK.