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—
INCLUDING
Bank and Quotation Section
^
and City Section (semi-Annuaiiy)
Street Railway Section {'''Te.^ir)
State
(Monthly)
Railway and Industrial Section (Quarterly)
Dana Company, in the office of Librarian of Congress, Washington, D. C.
r.t rnnPTftaa In the year 1904, by William B.
7„^ Pine St., N. Y.
^^^^^^^^^'^^'^^r.^^ ^,;,.L ,ecoad-cla.s n.atter-WiLL.AM B. Dana Companv. Pu.Us.e...
At„ A n*
B^tere^d accord^n. to Act
VOL.
SATURDAY, NOVEMBER
79.
12,
NO.
1904
2055.
—
Olearingi at
PUBLISHED WEEKLY.
Terms
of
Subscription—Payable in Advance
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Quincy
CLEARING MOUSE RETURNS.
Decatur.
Mansfield
The following table, made up by telegraph, etc., indicates Jacksonville
that the total bank clearings of all the clearing houses of the Jackson
Ann Arbor
United States for the week ending to-day, Nov. 12, have
Total Mid. Western
and
been $2,473,364,133, agamst $2,944,347,971 last week
San Francisco
$2,096,477,637 the corresponding week last year.
Los Angeles,
Clearingi—Heturns oy 'lekgraph.
Week Endimi Sovemher
1903.
1904.
P. Cent.
12.
+27-6
-29-2
-17-2
—3-4
-2-8
+3-7
Seattle
Salt l>akeCity...
Portland
Spokane
Tacoraa
Helena
*978,l2a,881
Louis
Orleans
«1,248,077,848
81,749,377
90,340,4»1
17,803,927
150,559,115
49,102.984
17.249,090
Seren
|1.654,b8;i,23S
$1,424 312,541
310,097,642
+16-2
»1,978,»S6,&19
500,077.884
$1,734,410,183
+13-8
Denver
.^62.007.454
-H18-1
Des Momes..
Sioux City...
t2,473,364,133
J2.0UG.47 7.637
+18-0
H«w
York.
Boston
Philadelphia
Baltimore
Cbio(u?o
St.
New
Other
cities.
Total
6&js
5 dafs
cities, 5
all cities,
all cities
91,919,602
18.431.550
154.893 087
47,364 193
18,352,611
318,404,611
5 days....
All cities, 1 day
Total
115,224,.557
for week..
-60
+27
Fargo,
Sioux Falls
Total Pacitic
Ean.sas City
Minneapolis
Omaha
St. Paul
St. Joseph....
Topeka
Davenport
..
Wichita
week covered by the above will be Colorado Springs.
Fremont
given next Saturday. We cannot furnish them to-day, clear- Cedar Rapids,
ings being made up by the clearing houses at noon on SaturTotal other West'rn
day, and hence in the above the last day of the week has to
St. Louis.
be in all cases estimated, as we go to press Friday night.
New Orleans.
The
the
full details for
We
present below our usual detailed figures for the previous Louisville
Houston
-week, covering tlie returns for the period ending with Satur- (Jalveston
Richmond
day noon, Nov. 5, and the results for the corresponding Savannah
Memphis
week in 1903, 1902 and 1901 are also given. Contrasted with Atlanta
the week of 1903 the total for the whole country shows a gain Niii'liville.
Norfolk
of 48"9 per cent.
Outside of New York the increase over 1903 Fort Worth...
lliruiingham
is 10'9 per cent.
Knoxvllle ....
.
\\
auaringi at—
1904.
endino November
Inc. oi
1903.
%
New York
etk
Pittsburgh
Baltimore
21.04.5,2:i9
6,547,747
6.252.060
4,7H().192
4,338,87(1
4 0.87.917
Albany
4.«27,««0
3,700.079
ScrautoD
1.790,661
1.599 481
1 1.54 111
.'^•'0 47J
fiyracase
WIlminBton
Wines
Barre.
Wbee.Inc
Btncbamton
Oraeosbur*
1,764 3J5
4'.iH.f.:j2
FrHnklli.
600
;uH.o«7
4.'>5
...
Pa
Roadlag
Totjil Middle
r>.")0.93(
iHC.iu;
1,199 03M N'ot
3,(M17,27K
1 710.h24
1.729.925
+ 10
1,4.53.071
797975
Chester
Brie
+30-7
+1-5
2.835.625
1437.141
-19-;
-4 4
+5 4
+5 6
813.0!:t
2,3.54 51»6
1. 28.1.9 i4
1
1.320.0-',.
920,H<I1
75«9.".(
431.5(H)
4m
470,60,
500.821
420 393
412,705
1
.506,751
973(1^9
051,364
|il
III
to
+710
2.16-1.122,936 1,263 595. 7 7h
j
Jaoksonville
.
Columbun, Oa.
Total
TotAl
Sonthem
all
Outside
..
New York.
Montreal
Toronto
Winnipeg
Halifax
Ottawa
364,700
371,322
378.737
(jucbec
Viincouver
Hamilton
St.
.lohn
l/ondon
tal.
1.593 930,27W 1,499.670849
1,006,607.635
CANADA—
6Ha,(149
-25-2
219.922
liiclurt.
7<:7.K',6
.302.0011
— 2H-4
—8-7
+ 10-0
4'1!
Mi.cori
rhnttanooga.
Hemimont
»
»
--81-0 1,397.827,479 1,325,007 897
- -23 h
95.543.184
lll.856,2(i()
- -19-9
3-1,190 .545
37,025,070
21,69r.51.i
22,910,137
--I01
+4-7
5.914.429
6,274.7(15
- -10-2
3.:ilM.7l3
4,369.094
--13-2
3.78.5.218
4,314.842
t
23.16.i,l.59
Buffalo
190U
"'0
1,988,740836 1.071.290.800
133440.003 107.807.35b
44,924.496
37.457.348
Pbllttdelpnla
5.
190!«.
Dec.
Auiiusta
Little Hock...
Charleston...
Virtona
Total Canada
—0
+9-9
7,7.52
5m5
2.n'..459
1,K«1,285
1,466.107
1.491.466
5.3SM.IiO'.i
-Uii
-471
—293
17,868.258
19 879,227
15,911.152
+77-9
84.80(5,708
1.787.130
1,972,102
1,43H.422
1 .325.368
1.210,695
— 10-1
1,2.51.2411
l.lh3,60i
1.130.07O
+19
1,650.1.SS
1.198,708
8 14. .380
83i(,6H7
+ 10-7
722 66N
~6l7773 44:
I
911.645
853,676
20.078,943
11.46C,0»6
4,65H 006
1. 900.000
2,199,707
02 143 315
576 609
75s bii
-0-6
01,254.618
46,463 043
;
THE CHRONICLE.
2114
the canvass progressed passed out of thought and beyoi...
the sphere of discussion, leaving, as the campaign neared
THE FINANCIAL SITUATION.
A
week
that includes a general
election
rence possible only once in four years
—
—an
occur-
expected
is
[Vol. Lxxix
to
be
and the collection of money from such
party purposes as the only issue much
trusts
its close,
institutions for
some degree an impediment to business affairs. Its regarded; and, so far as decided by the election,
judging
potentialities and surroundings are usually enough to from the
votes, the verdict of the people must have been
in
make
political
hardly
day
besides, that
soj
it
canvass of several
is
the culmination of a
months' duration which can
gather heat as the campaign draws near
fail to
close; while after the
event
it
its
has, quite generally, required
several days to determine the outcome and for the public
down
work again. For these reasons such a
week usually becomes not only broken, but industrial
to settle
least, as
far, at
the charge had not been proven.
finding that
There has consequently
been no principle decided by the election. The result is
simply a very substantial vote of confidence in Mr.
Roosevelt.
to
progress receives a material check.
Nothing of the kind
Even during
against the accusation, so
discernible at this juncture.
is
Although the result of the election has been so ex.
and although the Stock Exchange has re.
sponded with a season of activity accompanied by moderate advances, the market has lacked the appearance of a
''boom" and consequently some disappointment among
traders has been felt.
Looking at the situation from a
ceptional
whole canvass the political movement
has possessed a unique character, an affair going on as it
were by itself as if wholly unrelated to business conthe
cerns or any other material thing.
This situation has conservative point of view, this lack is favorable to the
been almost phenomenal and has attracted from time to stability of all substantial properties instead of unfavor-:
time general attention and remark, being so completely able.
The public has been discounting the election all
out of accord with
that
for
we have
the outcome,
exceptional
this
truth seems to
running
only
other previous
we
state
find disclosed the reason
which has prevailed.
be that there has only been
Northern States
one person running in that
the
in
Roosevelt
has
and
one
own
party or in the opposition.
The
one party
a
in
sense
President
party.
had no competitor,
come
even second,
no
has
Now
like occasions.
we
as
explained
higher
cidedly
and
ago,
much
hence nearer
less
room
way
This fact has appeared
it appeared likewise in the unchecked progress business continued to make while polit-
full
further
for
therefore, of first importance
be sustained and
his
then
;
if
fortified.
new
the
week,
last
values
no antagonist
in
Hence
canvass.
the
either
along in the betting ;
all
through
situation,
with
starts
prevailed
values,
leaving
advances.
The
just
problem
whether these gains can
Business expansion is under-
that development continues as
is
now
clearly
the promise, not only will improvements already secured'
be assured, but increased income will warrant further
advances.
Still
afi"airs
are
not
sufficiently
settled
For
;
tion, this peculiar fact
bold
stands out unquestionable and in
that Mr. Roosevelt has not on ly been elected
relief,
so
is
work went on and now it is shown in the sort of yet to build high on present foundations.
unanimous way voters have expressed their preference. instance, the quickened
movement in iron
The tide has run with so much force in the single direc- steel was begun with cuts in prices for those
ical
de-
months
six
ucts.
lets
Now
there
a proposal for raising prices
is
and another of cuts in
rails.
We
and
prod-
of
bil-
only mention these
momentum his personality facts as illustrative of uncertainties which prevail to day.
and name hare created, carried to success every other We can only see a prosperous future through values
aspirant for an office in his party who has been elected on which encom-age consumption.
condition which inthis occasion.
Without descending further into particu- creases production and discourages consumption does not
lars, it is enough to mention the State of New York, with favor progress.
himself but that he has, by the
A
175,000 majority
for Presidential
\.
and only
There has been a report current this week that the
would prove
tedious to cite aspirants in other departments of Govern- Secretary of the Treasury was about to make a call on
ment. The remark is of general application all that depositary banks for 20 to 25 million dollars on or about
got into the swim were landed successfully through the the first of December.
This statement has been used as
indicating more active money in the weeks usually of
same influence.
its
about 75,000
for the
next highest
electors
official.
It
—
greatest
Under such a
to
condition of things
note the endeavor in so
cause of the landslide.
almost amusing
quarters to discover the
Secretary
tension
Shaw
during the year.
will
greater extent than
We
do not believe
push through such a purpose
is safe.
He
is
to
any
not the man* to create
no puzzle; the answer is on a panic. It is quite possible that our banks may be receivwere decided; no principle ing interior money freely before that time; besides ,they still
Both the Republican and the Democratic hold about 87 million dollars more in gross reserves than
the surface.
was
many
it is
up.
No
It is
principles
Party held the same position with reference to a sound they held in 1903 and about 70 million dollars more than in
currency and a gold standard, and the candidates were 1902. Another favorable fact is a relaxation of the
at one with
regard to that vital question
—neither was
demand for
Even and hence
one more pronounced in his view than the other.
the
tariff
discussions
were
purely
academic.
Judge This check
London from Continental centres,
demand on New York.
demand seems for the time being to in-
gold upon
a relaxation of the
in
I
j
Parker
to
free
and the platform he accepted
trade; if elected, his
course
Customs duties, had he lived up to
ance, would have been in strict
were opposed
with reference
to
his letter of accept-
accord
with
dicate that the requirements for gold, which were active
last week, have been satisfied.
That appears to be so
from the fact of the reduction in the price of bars
London
market of three-quarters of
of the Republican Party time and again. a
price
penny
an
ounce
the
compared with
Anti-Imperialism, speedy freedom to our Colonists, at the close of last week. The change
seems
a large navy, and the divers other issues which were to indicate that there was an accumulation of bulsuggested and filled a place early in the contest, have as lion in the London market which could not be dis-i
fessions
pro-
at
the
bullion
Nov.
2115
THE CHKONICLE.
12, 1904.J
consequently the price
posed of at the higher figure, and
There was also an advance early in the
Avas reduced.
also at Berfor exchange at Paris, and
Aveek in the rates
on Paris receded
on London, which (though the rate
that the requireshows
later one centime) apparently
1,,533,3,j0 tons
were respectively
and 1,557,207
of
burst
temporary
a
The
was not maintained.
loan
no
present time there seems
likelihood of such a result, since the
flotation of the new
iM.ident to preparation for the
had heen, temporarily at least, satisfied.
lUissian
But
unfortunately
Avhich
activity
lin
ments
tons.
these higher totals earlier in the year were the result of
improvement
events furnace stocks continue to
fall
off,
is
evi-
At
dently of a sounder and more enduring nature.
all
being reported
announced only 529,033 tons November 1st, against 555,447 tons
New York. Messrs. Kuhn, October 1st, 030,801 tons September 1st and 070,340 tons
AviU not take any gold from
The "Iron Age," from which these data are
of a syndi- August 1st.
Loeh & Co. have completed the organization
or one-half of the taken, points out that, taking into account the decline in
cate formed to take up $30,000,000,
be taken in Lon- stocks, the consumption of metal produced by the merchant
Tlie other half of tlie issue will
loan,
tons in August to 491,that the loan will be allotted at a furnaces increased from 459,041
It
he
that the Japanese loan ahout to
said
is
It
don.'
is
understood
537 tons
subscribers.
price yielding ahout IS per cent to
This
been
Aside from the Presidential elecHon there liave
general
important disclosures this week of large and
two
One has been
importance.
the monthly
report of the
Agricultural Bureau on the condition of the crops and
pig-iron prothe other tlie usual monthly statement of
The one
duction.
and
reflects the agricultural situation
industry, the
the other the condition of that important
are decidedly encouraging.
Both
iron and steel trades.
Especial interest of course attaches to the report on the
September and
in
of course,
latter,
is
in October.
503,940 tons
to
encouraging
particularly
the
fact in the situation, since it affords corroboration of the
improvement
reports of
the
current
last
which
prices
in
price
the
same
the
to
a
along
the
there
is
the advance
Examination of
last
week
and
refer to
progress.
in
of
lists
We
efiect.
is
week
this
up
leveling
general
shows
But
seven weeks.
equally conclusive fact furnishing testi-
another and an
mony
have been
which
in the trade
or
six
of
quotations
Age"
Moreover, the "Iron
line.
all
says that
any premiums are being paid of 50 cents to $1 per ton on
crops because we are at the end of the season and
the statement is made that one
sheet bars
information now must be conclusive, since it is no longer billets and
maker asked a premium of $2 a ton and got it. Fursubject to modification hy future Aveather conditions.
;
from Pittsburgh reannounced that at the meetyesterday afternoon
Avheat crop, which it is known is decidedly short the ceived
leading crop which is in"- of the Steel Billet Association to be held in this city
present year, but that is the only
Department gives specific figures as next Tuesday it was likely that a substantial advance
The present
deficient.
Bureau does not
report of the
deal with the
thermore,
dispatches
telegrai)liic
The
regards the probable size of the corn crop, and
these
confirm tbe highest figures which have been current.
The
statement
yield
total
ii
of
about
with
would
This
the
that
is
of
the
crop
crop
compare
1903, and
points
indication
to
2,4,53,000,000
bushels.
2,244,000,000
would Oe made
report
in the (juoted price of steel billets.
The
that the sub-committee of the Association will
is
recommend advancing
50 a
the
Oil
Company
$19 50
from
quotation
to
ton.
bushels,
2,523,000,000
bushels,
the
•^21
The American Cotton
last
week declared
of 1902.
of only 1 per cent on the common stock out
Moreover the quality of corn is the a dividend
of the earnings of the fiscal year ending August 31 1904,
best of any recent year, the Bureau making the general
per
against 4 per cent out of the earnings of 1903 and
iivorage as to quality 86-2 per cent this year as compared
the company
This week
cent out of the income of 1902.
with 83-1 per cent last year, 80-7 in 1902 and only 73-7
has submitted its annual report, and the figures show
in 1901. No figures are furnished as to oats, but the preextent of the falling off in income experienced
888,50^^.- the
vious month's report estimated the oats crop at
000 bushels, as against 784,000,000 bushels in 1903 and
which compelled the lowering of the dividend. After
deducting debenture bond interest, net profits in
987,000,000 bushels in 1902, the latter the largest
in
against
$1,530,081
Most of the other agri- 1904 were only $844,835,
oats crop ever harvested.
cannot
be
it
1902.
in
$2,238,200
1903 and
cultural products are also above the average, the
in
this
surprising
anything
is
there
that
said
indicated yield of hay, for instance, being 1-52 tons per
It is the iuevitable result of the
shrinkage in profits.
acre, as against 1-54 tons in 1903, 1-50 tons in 1902 and
which have prevailed.
The estimate of the extremely unfavorable conditions
a ten-year average of 1-35 tons.
There has been a readjustment of values of most staples
yield of potatoes is 110 bushels per acre, against 84 in
the past year, the tcauhuicy of prices being downward.
1903, 90 bushels in 1902 and a ten-year average of 81
the cotton-oil business, moreover, the
bushels.
The tobacco crop is estimated at 819 pounds In the case of
per acre, as compared with
780 pounds
in
1903, 797
1902 and a six-year average of 730 pounds.
Altogether, therefore, it will be seen the season has been
pounds
in
matter.
When
cotton
declined from 40 cents a gallon to 27
oil
the collapse
months.
an exceptionally good one from an agricultural stand- gallon in three
gallon was equivalent
point.
Not
lons.
The monthly statement
also
the
prices
highly favorable and fully in accord with expectations.
the
staple
of pig-iron production
is
cotton was a very serious
great speculation and rise in
only,
of
came
also
fell
^larch the price of
-Vi
i:8
a
This decline of 12 cents a
to
however,
every
in
$0
did
other
away
per barrel
the
i)roduct
oil
of
50
decline,
connected
sharply.
Then,
to the diminished size ot the cotton crop the
gal-
but
with
too,
com-
have been 1,448,973 tons owing
for the thirty-one days of October, against 1,352,077 pany was unable to purchase the nornuil quantity of
tons for the thirty days of September iuid only 1,107,072 seed, and the working expenses of the mills were proporI'resident George A. Morrison
tons for the thirty-one days of August and 1.100,297 tionately increased.
The output
of iron
is
found
to
tons for the thirty-one days of July.
is
noc as large as the amounts for
The October
May and
total
April, which
well
says
which
was
(iu
connnenting upon the great speculation
carried
on so long in cotton) that violent
,
THE CHRONICLE.
2116
[Vol. Lxxix,
any important product of universal use to shipments of £171,000 net to the interior of Great
and necessity, although sometimes immediately bene- Britain.
ficial, does great and permanent injury to the product
The foreign exchange market was steady to firm early
speculated in and the country where it is raised. Nor will
exception to his statement that the true in the week and without special feature until Thursday.
any one take
policy for American producers is so to iucrease the Then, on the announcement that negotiations had
volume and lower the cost of their output as to been completed for placing $30,000,000 in this councontrol competition and dominate the world's markets. try of the $60,000,000 new Japanese 6 per cent loan,
He notes that the general outlook at tliis time indicates through Kuhn Loeb & Co., the market became more
in
specuLation
growing confidence in the business situation and he
gards a large cotton crop as practically assured
re-
— these
and stronger in the expectation
active
that,
was
as
the case with the previous loan, there would be a de-
being improving conditions which should redound to the
mand
advantage of the company.
the
for
exchange
American
for the
portion
remittance of the proceeds of
London.
to
The movement
seemed, however, to be purely speculative, for when the
There was no change in official rates of discount by
any of the European banks this week, and unofficial or
open market rates at London were, compared with last
week, 1®^ of 1 per cent lower, steady at Paris and ^ of
had not
was reported on Friday that none
been made public. It
of the proceeds of American subscriptions to the loan
Bankers report
would be remitted to London.
1 per cent easier at Berlin and Frankfort.
only moderate
The
ciated
feature of the statement of the
Banks
last
week was a decrease
ISTew
York Asso-
of $8,751,700 in
cash and a reduction in surplus reser\ e by $6,681,250
to $10,112,400, or within
year,
which
was
$570,525 of the lowest of the
The bank
January 2.
recorded
statement of this weeli should
reflect,
among
other items,
market advanced the
details of the negotiations
receipts
commercial
of
bills
against
any representing grain exand
cotton
The rise in exchange at Paris and at
ports.
London early in the week had only
Berlin on
a slight influence upon the rates for francs and
marks, and after a fractional decline tuero was a recovery.
scarcely
The reduction
in the price
of bar gold at
London
77
to
\
on Thursday, against
the average for five days of the shipment of $2,000,000
77 shillings llf pence on Friday of last week and 78
gold to Cuba on Saturday of last week, the average for
three days of a like sum which was shipped to the same shDUngs and above in the week ending October 22, had
destination on Thursday and the average for one day of the effect this week of raising the gold-export and the
$2,000,000 exported to Cuba on Saturday (to-day). import points at ISTew York f of a cent per pound &ter-'
Also the transfer hence of $250,000 to l^ew Orleans and ling, which advance, together with the rise in exchange
of $200,000 to Chicago and the transfer hither of $417,. at Paris on London, effectually prevented engagements
of gold for shipment to Paris as an arbitration opera.,
000 from San Francisco.
shillings
11
pence
per
ounce
Gold received at the Custom House during the
week $172,391.
Money on call, representing bankers' balances, loaned
Gold shipments this week were $2,000,000 to Cnba
on the Stock Exchange during the week at 3 per cent
and at 2 per cent, averaging 2^ per cent. Banks and on Thursday and a like amount to the same destination!
trust companies loaned at 2^ per cent as the minimum. to-day (Saturday),
Nominal rates for sterling exchange are 4 84^ for sixty
On Monday loans were at 2^ per cent and at 2 per cent,
with the bulk of the business at 2^ per cent. On day and 4 87 for sight. The market was irregular on
Wednesday and on Thursday transactions were at Monday with a fall, compared with Friday of last week,
3 per cent and at 2^ per cent, with the majority of 5 points in long and in cables, to 4 8360'a;4 8370 for
at 2^ per centj loans at the higher rate were, how- the former and to 4 8675'S;4 8680 for the latter, while
ever, for only moderate sums.
On Friday 2^ per cent short was 5 points higher at 4 8645'a;4 8650. On
was the highest rate and 2^ the lowest. Time loans on Wednesday long rose 5 points, to 4 S3o5'a)4 8375, and
good mixed Stock Exchange collateral were quoted at cables 10 points, to 4 8685'a)4 8690, while short was
3^®3^ per cent for sixty days and 3^ per cent for all steady and unchanged. On Thursday the tone was
periods from ninety days to six months; the business was strong, and long advanced 10 points to 4 8375'c;4 8385,
small except for the longer periods of maturity.
Com- short 10 points, to 4 8655®4 8660, and cables 15
The market was firm on Frimercial paper was in good demand and the supply was points, to 4 87'2'4 8705.
day at a rise of 5 points for long and 10 points for short
fair.
Quotations were 3f '5)4 per cent for sixty to ninetyday endorsed bills receivable, 4®4J per cent for prime and for cables.
The following shows daily posted rates for exchange by
and 5®5^ per cent for good four to six months' single
some of the leading drawers.
names.
tion.
DAILY POSTED RATES FOR FOREIGX F-XCHANGE.
The Bank
mains
of England minimum rate of discount reunchanged at 3 per cent.
The cable reports
discounts of sixty to ninety-day bank bills in
The open market
per cent.
cent and at Berlin and Frankfort
According
England
to
lost
London 3
it is
is
2^'S;2f per
4^'S4^ per cent.
our special cable from London, the
Bank
of
£655,834 bullion during the week and held
to Gibraltar
Broibers
and £20,000
to various countries),
MaxuUQ & Co
Bank British
No. America.
Bank
£33,806,870 at the close of the week.
Our correspondent further advises us that the loss was due to
exports of £485,000 (of which £240,000 to South
America, £200,000 to Egypt, £10,000 to Malta, JB15,-
000
Briwn
Bnrinsr.
rate at Paris
MON.,
FBI..
^o>.
of
Montreal
Caradlan Bank
60 days
(SiKht..
<
days
4 84L^
4 57
4 84J^
4.
T0]JS.,
yov.
Ao-
7.
•.
84I3
riiiiht ..
(lays
Jjiiciu..
4 84}^
4 87
mi
87
4 841-i
8(
:
87
J
I
*
fiO
days
()0
5 (10
days
U.
If"
84!^
Siuht..
Fhi..
.Vol'.
84«
841^
ST
:
84 J^
87
84 J^
87
fiO
Wed.. Thpr.,
A or. 9. Xo<: 10.
:
4 87
4 84^
4 87
\
"(
8.
If"
t>
C
87
S4M
87
t^
ii^
8l^
S4J<
87
tf Commerce. (StidLt..
Hsidelbaeh.I'-k J 60 dnys
487
4 84^
87
SlKllt..
4 87
4 84^
4 87
s-
i^«
sl^
84)i
87
84 J<
87
^7^
1^^
^7^
87
^7^
r7^
1^^
87
elhelmer&Co.
Lazard
(
GO drtye
Kreres
(Sitht..
Mercnants' Bk. ( CO days
) Siohi ..
of Csnada.
}
4M]4
4 87
C
tc
The market closed on Friday at 4 8380'S4 8390
and long, 4 SaCo'ei 8870 for short and 4 8705'a)4 8710
84«
84X
fori
for
.
Nov.
2117
THE CHRONICLE
12, 1904.]
result.
We wish to direct attenon banks, 4 8365^4 8375 and tory to this remarkable
now, however, to some considerations arising from
Cotton for pay- tion
documents for payment, 4 82f ®4 84f
from the simple question of numercotton for acceptance, 4 8365® the vote quite apart
ment, 4 82|®4 825 ;
Commercial
cables."
.
4 8375, and grain
for
ical majorities.
payment, 4 84|®4 84|.
money
of
following gires the week's movements
New York banks.
to and from the interior by the
Tbe
Week ending Xov.
Received by
N. T. Banks.
11, lOOJ.
$6,897,000
1,008.000
Total BO)d and ICKal tenders •
With
the result
is
Net Interior
Movement.
from both ballots such candidates as the voter wished to
which
be ingrained in the Ameri-
not long ago was supposed to
can voter. No such application of
interior movement as above
Snb-Treas. oper. and gold exports..
$7,805,000
Total gold and legal tenders
$32.255.000
Banks
24,350.000
Oat
'^
scratched-
Comvoting has ever been witnessed in this country.
parisons have been made with such results as that in
$2,483,000
plan as appears
New York
in 1888,
Net Change in
of
Bank
Banks.
$5,422,000
25,350.000
Holdings.
Gain. $2,483,000
Loss. 1.000.000
in
when
State for President by
Into
Banks.
the
Gam.
$5,422,000
11, 1904.
develop-
of selecting
sense
ticket"
as follows.
ending Nov.
extraordinary
support, ignoring the "straight ticket" principle,
Sub-Treasury operations and gold exports
the
the very
voting, in the
Gain. $2,381,000
102,000
Gain.
$4,516,000
906.000
$7,905,000
Currency
Gold
Wuk
Shipped bv
T. Banks.
ff.
The first of these is
ment of independent
the
the
returns of Tuesday's
Eepublicans carried the
14,373, while the
Democratic
candidate for Governor scored a majority of 19,171.
But, without discussing the particular merits of that
year's result,
it
is
enough
to
say that the
secret ballot
had not then been introduced, and
system of "bunched ballots," whereby the voter reThe following table indicates the amount of bullion in ceived from his party's representative at the polls a
the principal
. .
30,772,000
Gain. $1,483,000
European banks.
November
thick
November
10, 1904.
12. 1903.
Sank of
Total
saver.
Gold,
that the old-fashioned
Total
Silver.
Gold.
£
£
£
£
England.
France ..
83,806,876
83,806,876
32,164,367
32.164,367
104,703,886
33,926,000
43.980,721 148,684,60'
11,920,000 45,846,000
95,790,259
Germany
44,094,084 139.884.343
11,343,000 43.627,000
Russia....
98,310,000
6,793,000
46,448,000
12,066,000
58,514,000
33,291,000
11,974,000
Spain
14,848,000
19,812,000
34,660.000
14,501.000
18,790,000
Italy
22,096.000
8,022,400
25,118,400
20,726,000
2,411,000
5,999,300
11,521,500
4,084.600
6,292,700
10,377,300
3,328,667
1,664,383
4,993,000
3,290,000
1,645,000
one candidate of the opposing part^.
This would be simply a matter of " trade " between the
politicians, one set of whom might be more anxious to
voter ballots for
23.137,000
5.522,200
4,935.000
Netberl'ds.
Nat. Belg..+
Tot. week
Tot. prev
.
The
|
get the Presidency than the Governorship, and vice versa.
No such explanation can account for such extraordinary^
365,213,629 105,864,754 470.578.383 327,296.226 103,434,784 430.731,010
364.318,157 105.386,339 469.704.496 327,227.543 103.750.030 430,977,578
last
results
and sUver) given in onr taWe of coin and
the
l)nUion in the Bank of Germany and the Bank of Belgium is made from
best estimate we are able to obtain; in neither case is it claimed to be
merely
aocurat«, as those banks make no distinction in their weekly returns,
reporting the total gold and silver; but we believe the division we make Is a,
*
of separate ballots for the various candidates,
which he usually dropped in the box without examina-^
tion, created an altogether different problem.
j
It was at any rate possible in those days for the party
henchmen, as a result of a "deal" by their several
leaders, to substitute in the bunch delivered to thai
84,801,000
48,672,000
6,992.000 105,302,000
60,646,000
78,008,000
ATUt.-flni).*
32,284,000
wad
division (between gold
State
Tuesday as the
fact
that
New
in
York'
the Kepublican vote for Governor ran 100,000
behind the vote for President ; that a Democratic Governor is elected by 35,000 majority in Massachusetts, while
close approximation.
its
The Austpo-Hungarian Bank Statement is now issued in Kronen and
Heoer instead of Gulden and Kreutzer. The reduction of the former currency
to sterUng £ was by considering the Gulden to have the value of 50 cents. As
the Krone has really no greater value than 20 cents, our cable correspondent
in London, in order to reduce Kronen to JE.has altered the basis of conversion
by dividing the amount of Kronen by 24 instead of 20.
t
Presidential vote went Eepublican by 86,000
;
that
by 30,000 maEepublican Presidential
jority, while the vote for the
candidate ran 15,000 ahead of the opposition that even
Missouri elected a Democratic Governor
;
the Eepublican State
of Minnesota,
which Eoosevelt
carried by 200,000 majority, gave 10,000 majoiity to the
THU ELEOTION.
Democratic candidate for Governor. These are results
campaign, as ex- quite without precedent in our political history, and we
The result of this year's Presidential
There
future.
pressed in Tuesday's vote, will undoubtedly go down to tliink them a favorable augury for the
which could
history as one of the most remarkable incidents in were undoubtedly special points of appeal
American politics. In the matter of majorities, whether be made to the voters of their States by Mr. Herrick,
Mr. Douglas, Mr. Folk and Mr. Johnson. But the
The fact tha t Mr. Eoose- essential fact remains that a body of voters numerically
cupies a place quite by itself.
were develt's majority of 210 in the Electoral College (includ- qnite without precedent in previous elections,
in the Electoral College or
on the popular
ing Maryland, whose vote
is
ballot, it oc-
termined,
as yet uncertain) has never
been exceeded since the present system of nominations saw good
first,
to ignore strict party
reason for so doing,
lines
and second,
when
they
to choose their
The result, we
by Grant's 223 majority of 1872, candidate on his individual merits.
when Greeley carried only five Southern States, and by think, will be a very general discarding of the theory,
Pierce's majority of 212 in 1852, when General Scott long maintained by politicians, that a "strong candidate"
received the ballots only of Vermont, Massachusetts, at the head of a ticket, with a strong party organization
came
in vogue, save
empha- behind him, was enough to ensure the success of weak
So has the or corrupt nominees for the minor offices.
sized by the newi. paper comment of the week.
The result of last Tuesday's voting has brought to
fact that Mr. Eoosevelt's estimated plurality of 2,000,000
in the popular vote has never been surpassed, even in such the minds of thoughtful citizens one question of genuine
Kentucky and Tennessee, has been
"landslide" years
as
1900,
sufficiently
when McKinley's
concern.
plurality
It has to do with the future of the
opposition
was 864,000; or 1892, when Clevelj^nd ran 379,000 ahead party. In conservative quarters the hope was freely exof his nearest antagonist; or 1872, when Grant polled pressed during the progress of the canvass, even by those
702,000 more than his opponent; or 1804, when Lincoln who favored the election of Mr. Eoosevelt, that Judge
was returned by a plurality of 407,000. These compari- Parker would at least make a relatively strong showing
|
sons have already become the commonplace
discussion; so
of political
have the various causes urged as
contrib-
That the party would show up weakly in
the West seemed to be concedecl by both sides from the
in the East.
^118
THE CHRONICLE.
The wish regarding the Eastern canvass had its
however, in a feeling that unless Judge Parker
basis,
could make a stronger showing with such electorates as
«tart.
Bryan
York and New England than Mr.
189G and 1900, the claim of the radical
did in
•<»lement in the
^ould
party
for
restoration
to
the
be confronted.
certainly have to
If
leadership
Bryan and
liis friends were able to say, "With a sound-money cantflidate and a sound-money committee the party came off
worse in the sound-money section of the country than it
did in 1896 or 1900," it was easy to see what inference
would be urged. But this is exactly what has happened,
MAIL WAY RATES AND ^YAQES.
The
gross receipts from the average ton of railway
was
7-24 mills; in 1903 the corresponding average was 7
()3
mills.
Assuming, therefore, that the average ton mile
unit of freight did not change materially and that
the
purchasing power of money with regard to general commodities and labor was substantially unaltered, there
would appear to have been a raising of the general level
of railway freight rates equal to 5-39 per cent of those
in
We
force during 1899.
however, that
and, as a matter of
Vol. i.xxix.
freight carried one mile during the fiscal year IfSOQ
New
"New Jersey,
!
if
have shown
in previous issues,
there has been any modification worth
fact, the very first voices heard after
the news of Tuesday's vote are those of these very mentioning in the character of the ton-mile unit during
radicals.
Their view of the case is summed up in the the last four years, it has been through the shipment of a
larger proportion of the higher grades of freight, and confollowing excerpt from a long manifesto, sent forth
in
haste by the defeated candidate of the
paigns
past two cam-
sequently would in itself and without any modification
in the rate schedules
:
increase
have been reflected by a moderate
We
in the gross receipts per unit
of service.
the fact that the Democratic
have also shown by reference to the statistics of prices
party attempted to be conservative in the presence of
conditions which demand radical remedies.
It sounded a compiled and published by the Bureau of Labor at
partial retreat when it should have ordered a charge all Washington that the amount charged lor the
average
•along the line.
railway service will purchase less in quantity of most
The
result
was due
The "charge
to
along the line"
all
is
further defined to be a
income tax and railroad nationali-
free-silver, anti-bank,
sation canvass.
commodities, and especially ot those of which the railways are large purchasers, than it would in 1899 or
during any year previous to 1903.
The data concerning railway wages containe d in the
On the face of things, there might appear to be good
ground for uneasiness over this phase in the situation. annual report of the Statistican to the Inter-State ComThere lies no doubt before the party an internal struggle merce Commission, of which advance sheets have reof considerable magnitude before this question of policies cently been issued, permit similar camparisons with referand tendencies is settled.
We think, however ence to the wages of railway employees. Thus on June 30
that there
is
ground
for
positive
reassurance 1903 the railways of the United States employed 56,011
in
the
matter,
quite
irrespective
of
any ab- firemen and during the twelve months immediately prior to
stract
that date paid this class of employees $37,481,283 at the
The
rate of
argument advanced by one side or the other.
question of leadership and policies will be settled, not
l)y popular vote, but in the committees and conventions
-of
In order
the party.
Le
impress on those bodies what
to
$2 28 per day worked.
ing the year
I our years
earlier, dur-
average daily compensation of
railway firemen was but $2 10.
Thus, Avhile railway
1899, the
any political gross receipts per unit of freight service performed inbe sure that they, or a majority of creased 5-39 per cent, the railway outlay per unit of serthem, will endorse his views. For ourselves, we fail to vice rendered by this class of workmen increased 8-57 per
is
pleased to call his
agitator must
see,
radical remedies,
first
any reason
expect that they will do
to
so.
In 1896 cent.
In order
to
pay the average firemen
labor in 1899, the railways had to earn
the strength of the movement whereby the agitators captured the Democratic Party was derived, as every
could obtain by carrying an
one
miles at the average rate
is
followed
from
aware,
the
in
pressure of hard times in
By 1900
this
West and
the
agitators'
all
part of the
lead
in
a
way
the most
which
of
the
agricultural communities.
situation had
changed, so far as regarded the West.
become
South,
because
prosperous
mills.
But
in 1903,
nally risen to 7-63 mills,
it
year,
The West had
per mile
portion of the
miles.
The
necessary
which was 7-24
average rate had nomitook 82 28 to pay the average
been radically
is
one day's
which they
the
firemen for a day's labor, and to earn
it
for
10,
average ton of freight 290
of that
when
$2
to
'^2
28
at 7-63 mills
carry a ton of freight 299
shows the distance which a
be carried m 1899 and in 1903
l\)llowing table
country, and it will be recalled that at the Kansas City typical ton of freight had to
Convention of 1900 delegates from that section adopted to earu enough to pay for a day's labor of one man bevery sullenly the renewed endorsement of free coinage. longing to each of the classes of employees named, toThis feeling of the delegates was further voiced by the gether with the niuiibei- of employees in each class at the
voters at the polls.
Last July precisely the same state close ot 1903 and the total wages received during that
—
of mind was visible in the delegates from the South as year:
might indeed have been expected after the gi'eat good
fortune of the community
staple during the two or
Southern delegates who,
vention platform
last
with
its
three past years.
South
It
was the
Station agents
will
not,
we
are
confident, be
Day's Labor.
In
$21,011,724
64,173.825
37,484,283
39,932,^37
66,221,636
33,414,954
35,526,545
84,lo3,l68
21,430,984
18tf9.
240
514
£90
432
268
Jn i9f8
Inerease
Per
Cenf
208
6:5
280
238
232
i63
43
552
30,984
19,962,487
267
273
2-25
7,949
5,032,788
261
277
84,203,290
~
613
No
168,430
232 change.
.1,089,591
$615,954,906
ELgtneers
Machinists
Carpenters
Othersaopmen
changed by the fact of an electoral defeat. The change Other traokmeu.
of feeling there, as in the West, is a result of causes far Telegraph operators
and despatchers
Ijeyond the vicissitudes of auy one election, and it does Employees account
Huating equipment.
not promise well for an effort, before or during a Presi- AUotherempIoyees and
laborers
..
Total.
l-'uS.
Rajiiirtd to
for 'me
Pay
245
526
299
443
284
328
287
244
23 i
172
Section foremen
dential contest, to assail the existing order of society.
l)arii,g
34,892
52,993
56,041
39,741
104,885
44.819
56,407
154,635
committee and on the con- Firemen
Conductors
July, told Mr. Bryan bluntly that Other trainmen
This
Wagtt
1903.
in
j^olicies.
Total
Juiit 30,
chief agricultural
they had had enough of him and of his
attitude of the
7on-milei
JHnmbtT on
t-{7,10l
30J,714
103,42t>
31.6
232
2-33
310
255
5*97
3 80
2-50
2-52
Nov.
THE CHRONICLE.
12, 1904.]
211&
" The
A
resolution
advance in the amount of service which the rail- saw their efforts crowned with success.
for each unit of labor was adopted declaring that on January 1 1906 the eightways must now perform in order to pay
how unpleasant the situation hour day shall become effective in all union establishis at least sufficient to show
jm*isdiction of the International Typomight have been had there been no movement in the aver- ments under the
correspon ding, however inade- graphical Union, and that in every instance where this
return per ton mile
age
quately, to the notable rise
in the
wages
of all
rates
Similar results follow comparisons with the average
returns for carrying a single passenger one mile by steam
The lowest nominal revenue per passenger mile
reported by the Inter-State
Commerce Commission was
For
for the fiscal year 1898, when it was 19-73 mills.
20-06 mills, an advance of 1-67 per
1903 the average was
To pay an average fireman
cent.
the rates of fare
and
of
work must
refused
To provide means for carrywas adopted to the
cease.
ing on the contest a further resolution
classes of railway labor.
railway.
is
for
one day's labor at
wages prevailing in 1898,
necessary to carry one passenger 10-59 miles
;
an assessment of one-half of one per cent be
effect that
levied on all
moneys earned by the members
the
same wages
unions in different
with the
to
be
the purpose is to de-
an eight-hour day as are now
indeed, some of the local
for
received for a nine-hour day
was shorter hours and
it
Of course
used as a defense fund.
mand
of the Inter-
Typographical Union, such assessment
national
—
contemplate asking both for
cities
for larger pay.
It is
perhaps proper to
body had
say that the action of the International
to
go
was necessary to to a referendum of the local organizations throughout
fares and wages prevailing in 1903
The the country and that this referendum sustained the course
increase this distance 7-37 per cent to 11-37 miles.
passenger mileage necessary to pay the average trackman taken.
There are many reasons for opposing an eight-hour day
(not including section foremen) in 1898 was 5-66 miles,
generally, but in the present case the proposal is peculi.
but by 1903 there had been an increase in this figure to
it
6-53 miles, a rise of 15-37 per cent in the service required
to
for a single unit of this
pay
arly objectionable
for the
years the book and job
kind of labor.
reason that during the last six
men have
repeatedly had their
pay increased both as the result of reduction in
The great significance
the hours of labor and of actualincrease in amount of
might be extended and applied to different sections of
Up to 1898 the men received $3 per day
the country, will be better appreciated if attention is pay per day.
With January 1898 this was changed to
to the fact that the expenditure for labor is by far of ten hours.
directed
$3 for nine and a-half hours work; on November 21
In 1903 the aggrethe greatest item of railway outlay.
gate payment for labor was $757,321,415, of which only 1899 the day was reduced to nine hours, the price of
$23,254,220 went to general or other ofiicers. It is night work being at the same time raised from 45 cents
of these
comparisons, which
noteworthy that of the balance, $615,954,906, or 83-91
per cent,
This
represented in the table above.
is
sum
is
rate of
an hour
to
50 cents an hour.
Having
thus twice re-
duced the length of the day, the next step was
to
move
up the amount of wages. On January 1 1902, instead
of $18 a week, or $3 a day, wages were increased to
of
In connection with the earlier discussions referred to, $19 per week, or $3 16§ per day. On October 1 1902,
to the according to previous arrangements, there was a further
it has now been conclusively shown, by reference
prices of substantially all the services or articles which advance to $19 50 per week, equal to $3 25 per day, and
are bought out of railway earnings, and to practically the price of night work was increased to 54 cents an
The proposal now is to cut off another hour from
all the commodities which enter in considerable quanti- hour.
almost precisely one-half of the total operating expenses
all
ties
the railways of the United States.
railway
into
traific,
than ever before.
difiFerence
that
If this
to the traveling
is
real
the
rates
are
case, it
now lower
makes
and shipping public
little
the length of the day while not diminishing the day's pay.
On
the other hand, a counter proposition has been
whether made on behalf
the nominal rates are higher or lower than formerly.
the
rate
of pay
of the Typothetse for an increase in
day
($21 00 per
continuance of the
A LABOR M0YEME:S^T FOB
Alf JEIOHT-
HOUE BAY.
see to
$3 25 per day
week), but on a
from
nine-hour
day.
last
of
basis
In
order
the
to
what extent these various changes have worked
to increase cost to the
master printers,
it is
Considering the less favorable trade conditions which reduce the figures to a per-hour basis.
have prevailed the
$3 50 per
to
necessary to
This
we have
twelve months, the present would done in the following, which shows the successive steps
hardly seem an opportune time for the enforcement of in the advance.
demands
for decreased
of pay.
Yet
cisely
able
there
is
hours of work at unchanged rates
such a movement (and a movement of considerdimensions) is under way.
The International
Typographical Union is seeking to enforce an eighthour day in the book and job offices throughout the United
States and
Canada and
efforts to that end.
Prior to 1898— $3 CO
1 1898—3 00
Nov. 21 1899— 3 00
Jan. 1 1902— 3 16%
Oct. 1 1902— 8 25
Now proposed, 3 50
Jan. 1 1906- 3 50
an important trade in which pre- Jan.
making
for 10
for
9^
for
9
for
9
for
9
for
9
fcr
8
Equal to 30 ots.
Equal to 31 J^ ots.
hrs. Equal to33}4 cts.
hrs. Equal to 35^5 cts.
hrs. Equal to 86
cts.
cts.
hrs. Equal to 39
hrs. Equal to 44
cts.
hrs.
hrs.
per
per
per
per
per
per
per
hr.
hr.
hr.
hr.
hr.
hr.
hr.
and resolute
It will be seen that first there was an increase from 30
Moreover, the local organization of cents an hour to 31J cents, then to 33 1-3 cents, then to
is
active
compositors in this city, namely Typographical
Union 35-2 cents and finally to 36 cents an hour. The
attempting to anticipate the general movement further increase to $3 50 January 1 1905 will
by compelling the adoption of the eight-hour proposition make the rate 39 cents per hour. The lopping
inside of the next few weeks, or by the first of the coming off of another hour on January 1 1900, with tlie day's
January.
wages at $3 50, would raise tlio rate to about 44 cents
No.
6, is
For over two years an element in the International an hour, making an addition of almost 50 per cent since
Union has been persistent in soliciting endorsement of 1897. The reduction from nine hours to eight hours a
the idea, and at the International Convention held at year hence, as provided in the resolution of the InternaSt. Louis in August last these advocates of the scheme tional Union, Avould alone involve an absolute increase
:
THE CHRONICLE.
2120
But
of 11 percent.
[Vol. Lxxix.
simply with the increase
and then the men arc requested to "join the army that
from the augmentation in the mere rate of is battling for the industrial twins Eight Ilours and
To the employing printer the increase in cost is High Wages." This last seems to be a very favorite
pay.
very much heavier.
If shops are placed on an eight- form of expression, and it reveals the real purpose in
this deals
—
ari.siiiir
hour hasis and a printing establishment finds
to
work
nine
be
paid
for
then
hours,
the
at
rate
for
has
to
work, which
niglit
one-half additional above the day rate.
$3 50
hour
extra
the
necessary
it
is
In other words,
view, which
not merely to get shorter hours, but at
is
same time
the
Indeed
this
to get
more pay
purpose
is
not at
for these shorter hours.
all disguised,
as witness
the following extract taken from another circular
work (assuming that the
The eight-hour-day subject will not grove old until the
the Typothetse for the year 1905 inauguration of the eight-hour day is itself an event of the
shall be accepted) $3 50 would have to be paid after 1905 past, rather than something that must yet be brought about.
If yQ^ yj^ii investigate, you will find
for eight hours, besides
instead of
for nine hours'
made by
proposition
65 cents for the additional hour,
making altogether $4
The
15.
much
result is
same
the
*******
that the wage-earner working short hours receives high pay.
In our own trade, the book and job printers are paid as
instead of keeping open nine hours, the establishments much — and in many cases more — for nine hours as they
keep open only eight hours, but employ an increased formerly earned in ten hours, * * * Whether you work
number of men to make up for the hours lost. In that by the piece, or work by the day, decreasing the hours increases the pay, is as true now as the day it waa penned.
event it would be necessary for most establishments
have examined a great deal of literature circulated
to enlarge their plants and increase the size of their
by the Union on this subject, and the above is the only
shop, since the great majority of them are crowded for
room and have their facilities fully taxed under the thing we have seen urged in justification of the
movement.
recall, however, that about a year
present condition of a nine-hour day.
To enlarge plants
ago a report was submitted to the annual convention of
means the investment of more capital and to hire extra
room means the payment of increased rent, and it also the International Union, held at Washington, by the
means increased outlays in various other directions, such Committee on Eight-Hour Day, in which subordinate
unions were urged to secure the eight-hour work day
as for heat, for power, and the like.
It is estimated that
"or any plan that permits of the time gained being dethe cutting-off of this one hour would enhance cost fully
from any one day, to the end that the spirit of
twenty per cent. The circumstance mentioned furnishes ducted
the shorter work-day movement may be observed and
one of the strongest objections to the eight-hour day everymore work distributed among the book and job men not
where, Bamely the fact that it reduces the productive
regularly employed."
But why should the employer
capacity of plants and therefore adds to the cost of
alone be taxed for ftirnishing employment to the
turning out goods.
idle?
He has, as we have seen, consented to
In the printing trade, and particularly in the book
a reduction in the number of hours from ten
and job offices, the situation is such as to promote very
to nine, while at the same time paying more for the
friendly relations between employer and employee.
shorter day than he formerly paid for the longer day.
If
large percentage of the establishments have a relatively
after all this there are still idle compositors, why should
small number of men and hence employer and employee
come in close contact.
The employer is willing to not the men themselves do their share towards providing
if,
We
We
A
anything
do
men
of his
their
within
—
add
to
reason
promote the
to
welfare
compensation, to diminish,
to their
hours of labor and provide
comforts and
extra
for these unfortunates, instead of saddling additional ex-
pense upon the employers,
beyond their
who
are
already burdened
ability to bear ?
conveniences generally wherever possible.
Except for
makes the master printer take an
his men, the demands of the last
RAILROAD GROSS HAR^HfOS FOR
these relations, which
unusual interest in
would not have been so readily acquiesced in.
Out of good fellowship and a desire not to disturb
friendly feelings, the master printers yielded, though the
But obviously there is a limit
cost was heavy to them.
to the additional expense which the employer can take
upon himself, no matter how willing he might be, if
six years
circumstances permitted,
to
And
compensation of his men.
been reached
A
further
still
increase
has not that limit
the
now
?
which
contemplates
revolutionizing
things in every city throughout the land (we believe
are less than
country where the
two
dozen
places
eight-hour day
desirable, therefore, that the public
ganda is being carried on
the methods
employed
from
the
which
circulars
on
behalf
the
nature
to the
men.
conspicuous
of
of
"
the
An
the
italic
are
not
have
in-
active propa-
before
have
appeals
altogether
recently
cause,
Put money
seems
promote the movement and
to
We
objections.
it
should be rightly
the issues involved.
to
whole
in the
at present in ef-
one of large importance, and
fect) is evidently
formed as
is
and
that
type on the
title
been
are
being
is
of
issued
indicates
this
in thy purse,"
free
one
us
very
much
the year.
October.
better than they
page of the
circular.
were in the early
elapsed since the close of the month,
early returns.
sometimes
months of
Our compilation this time covers the month of
As only a little more than ten days have
braces only such roads as
But
make
difi'er
it
in the
it
necessarily em.
a practice to furnish
in that respect
our final and more
it is
like
all
our pre-
These preliminary exhibits
character
of their
results
from
comprehensive statements for the
same month published some six weeks later, but they
comprise substantially the same roads each time. Hence,
it is significant of changed conditions that the last three
months these early compilations have shown gains,
whereas in the previous seven months there had
smaller
of larger
or
been each month a loss
The first gain came in August, and was
amount.
3-39 per cent.
or
In September
for
$1,951,298,
Eor
this was increased to $2,458,629, or 4-17 per cent.
October, now, our tables show $2,450,272 increase, or
made 3-83 per
printed in
the
comparisons now, speaking of the roads as a whole, are
liminary monthly exhibits.
movement
there
OCTOBER.
Eailroad gross earnings continue to improve, and
cent.
From
October comparison
for
is
the figures
a
September, but there
trifle less
is
as
they stand
the
favorable than that
another circu mstance to be
1
.
.
2121
THE CHRONICLE.
^'0V. 12, 1901.]
taken into consideration which,
allowed
if
Taking
as against 7,535,588 bushels.
makes the
for,
We
primary markets
refer to the
October showing by far the better.
business day than the
fact that October had one less
1901 contained
same month last year—that is, October
1903 contained only four
while October
—
all
the Western
both those receiving winter wheat and
those receiving spring
wheat— the
receipts of trheat in
against
the four weeks of 1904 were 30,748,088 bushels,
But against this gain of 2| million
28 217 579 bushels.
five Sundays
there was a loss of 5| million bushels
is hence the bushels in wheat
Sundays. The improvement of $3,450,272
of over 1^ million bushels in oats,
comparison of only twenty-six in corn, and a loss
result on the basis of a
combining
working days offset by gains in barley and rye. In brief,
working days in 1904 against twenty-seven
barley and rye, aggregate grain receipts
wheat, corn, oats,
in 1903.
bushels,
had some advan- in the four weeks this year were only 69,148,088
the roads
It must be admitted that
four weeks of
in the same
were also certain draw- a<Tainst 72,227,858 bushels
tages this year, and yet there
year, as will be seen from the following.
industries were doubtless last
backs. For instance, while our
in the months immediately BE0BIPX8 OF FLOHB AND OBAIN FOB FOUR WKEK8 ENDING OCTOBER 29
in a more active state than
AND SINCE JANUARY 1.
that they were as
preceding, it can hardly be claimed
month of last year.
Barltv,
Oatt,
Oorn,
Whtat,
riour,
active as in the corresponding
(bttth.)
(bus?).)
(t)U(?l.)
(Muh.)
(bbl*.)
circumstance was the travel to and
decidedly favorable
8.183,000
Purchase 4 OM«aoo— ,^, 701.25B 3,304,5'?9l 9,049 051 5,627,205 4,018.684
wks. Oct., 1904
8.ai7,525 3,142,36.
from St. Louis arising out of the Louisiana
3,1 IS, 20
A
I
I
Among
Exposition at that point.
wks. Oct.. 1903
680,163
amoe Jan.1, 1903
6,964,701
19.r09,9«l
19,188,339
894,2S0
1,489,P31
t
MnceJan.1,1904 7,640.674
the roads in our table
that
which it may be assumed were directly benefited in
large increases, may be mentioned
way, and which have
Railway
the Wabash with $336,871 gain, the Southern
with $215,670, the St. Louis Southwestern with $176,the Illinois Central with $139,584, the S^. Louis
tUlvxx'n'ktt—
4wh:«. Oct., 1904
twin. Oct.,iw03
31nce Jan.1,1904
3.Sl,2-0
0.828,004
0.104.074
91noeJan.l.l90&
at. i.o«4t— ^
248.736
4 wks. Oct.. 1904
214,9.^0
4 wks. Oct.,iwo^
1904 1,982.765
Since Jan.1.
208,
3ln<«)Jan.l.l908
Yandalia & Terre Haute with $120,925, the Missouri
with
Pacific with $69,000, the Louisville & i^ashville
l,S47,9a6
4 wks. Oct.. 1904
4 wks. Oct..l90^
Since Jan.l.iB04
Since Jan.1. lOOi
when the
$47,003, &c. The list is further increased
reach St. Louis through connecting lines, like
roads that
only
the ISTew York Central (which latter, however, has
$10,055 increase), are taken into consideration.
Among Southern and Southwestern roads, the larger
and freer movement of cotton was also a favoring circumstance. Both the receipts at Southern ports and the
shipments overland were heavier than a year ago. The
shipments overland were 110,412 bales, against 57,941
bales in October 1903, and the receipts at the ports
against
aggregated 1,726,984 bales,
The increase was quite general,
too, as
bales.
1,476,351
may
be seen from
ToUcto—
Detroit—
Since Jan.l. 1904
ginoe Jan.1, 1008
71,3«0
31noeJan.l,190f
Peoria—
dlnoeJan.1,1904
Since Jan. 1,1908
Dulwth—
4 wks. Oct., 1904
4 wks. Oct.. 1903
59,«3<t
142,SO0
68.80(1
755.B56
06a,iOfi
BBCBIPT8 OF COTTON AT SOOTHSRN POKT8 IN OCTOBEE, AND FKOM
JANUABT 1 TO OCTOBBK 31, 1904. 1903 AND 1902.
Since Jamuarv
October,
1.
Port*.
1802.
1904.
9alT6aton
bale*
Sabm«Pan *o
•ir Orleans. «
1908
49fi,47i
601,338
17,847
7,61 e
imfiu
300,511
B5.0»i
B».27f
Mobile
1904.
75,606
t83,F08
8I,8«'
BsTaniuib
Brnniirtnk, fto
.«
OharlMton
PortBoyal, &o
14.696
30O,lf8
2r4,9;o
22.099
23,652
B7,8C6
84,9?6
67,8?
49,678
131,099
472
ei.3»i
;..
69
118
>.
WIlmliuitoQ
Wai Miurton, A;o
Rortclk
Newport Newi,
. .
32,fiSl
S78,56b
P«I1WOOU.&0
90,022
114,123
8! 1,826
777,560
79,6C0
75,149
181,457
741
18J,6?1
286
338333
106,867
144
tb
140,71
88.75;
84
193,567
91
219,161
268
186
10!),883
108,531
96.831
359,852
8,966
17,470
810.698
16,899
803.829
82,640
97
9i6
Jko
190S
1903.
424.995 1,634,219 1,269,188 1.464,788
81,065
109.63 J
68,211
850,908 1,942,207 1.S73.680 1,463,266
97,814
147,0*8
43,881'
131,103
1,47e.y5lll.340.7f;S i,748.614 4.4«5.7?4 4,8ir6.6-'»5
1,474,200
314,700
PB'i.loO
6,650,001
5,Wll.86&
1S8,607
8,£0;i,9S<l
2.t;4;i.54e
14,615
64,4ie
1,618,971
292.80.
308,011
6,291.4 6
6.406,381
80,800
123,200
791,S0U
728.600
l,495,noc
1.461,001
1,013,300
970,20u
14,b07,0W
17.U8,9&{
(i.se6.70C
2,258,201
8.818.700
l,6e8,700
161,575
108,6-7
734,12>;
10,677
464,000
:iHl,40t
224,383
n7.l-67
725,484
t«8,7e3
2,763.«0!-
6t6,40(
2,269.572
620.000
6,M41,88k!
ainoeJan.i.in04
31noeJan.l,l903 3,800.000
7<f4nn«at)Olis—
2,C4E
14.40C
294,R18
389.334
4,530,214
3.4i3,60t
2.168.80!.
4,770.800
]!»,5fl9,590
59,68'
9,4f8,H20
63,213.011
62,034.700
4 wks. Oct.,19P4
4 wks. Oct., 1903
MnceJaa.1, 1904
Since Jan.l, 1903
Kantas 04tv—
the following table.
1,027,485
932, 14( I.h2rf.7l5
16.«51,>-9C 14,99S,89('
I»,4d5,(i63 17,;i32,116
331,24!-
27,000
V8,5l>(
5ZH.7g6
818,722
4 wks. Oct., 1904
4 wks. Oct., 1908
17,690.iWH
267,260
236,250
OltVClr.T.rl—
4 wks. Oct.. 1904
4 wks. Oct.. 1909
yinoe Jan. 1,1904
2,262,960
2,005,631
30,65(1,378
4=6,880
326,010
4.105 220
6,168.513
4 wks. Oct., 1904
4 wks. Oct.. i»o:
710,8.')()
3,005,800
567,200 2,70P,e5(
6.421,650 13.126,16
7,835,600 13,403,C9(
1.4iJl,4»9
l,P5a.710
2.832,9i0
7B,8BO,51>i 63 565,77f- 19,647, 9;
80,601,359 76,760,409 1«,636,2&'
l,8S9.2fO
2,362,6
437,600
193.540
S0i3,l.''»
8.*06,71(
l,61i',«'ll
3,116,657
8,571.100
1,122,320
192,700
1
2,587,400
8,801,600
3*,59«.470
26,222,040
4 wks. Oct., 1904
4 wks. OcU,1003
Since Jan.l, 1904
Since Jan.1,190;)
Total nf all—
4 wks. Oct., 1904
4 wks. Oct.,190S
9'noe Jan.l, 1904
Since Jan.l, 1908
30.748.6S8
7.641.96
28.217,679 13,312,S6P
17ii.U4.l5; 13S.'J 10,034
58;852.450l 154,381.17 6
lfl.958.412 12,655,141
IH.513,381 11.857,911
148:<4923W 51,C58,017
150S09738 47.060.134
was the Western live-stock movement heavier
than in 1903. The receipts of hogs, it is true, comITor
prised 1,024,857 head, against 030,724 head, but the receipts of sheep were only 1,134,241 head, against 1,196,-
114 head, and of cattle 1,000,176 head, against 1,041,650 head. These figures, it is proper to state, are the
aggregate for Chicago, Kansas
and St. Joseph combined.
Citj',
Omaha,
St.
Louis
must be considered encouraging that so
should be able to make an improved showing
It may be supposed that there was also a larger grain many roads
them reporting inmovement in the West. This supposition, however, is of earnings for the month some of
Southern and
amounts.
at least not if the grain move- creases of quite considerable
not borne out by the facts
whole have done better than
ment as a whole is regarded. The wheat deliveries, it is Southwestern roads on the
1 .7t«.93<
Total
Altogether,
it
—
—
cotton movement
were heavier, and, singularly enough, a large in- those of any other section, the larger
in those parts of the
crease occurred at Minneapolis, one of the spring-wheat and the great prosperity existing
true,
points, notwithstanding the
that part of the country.
reduced spring-wheat crop in
The high
prices ruling for the
grain umiuestionably hastened shipments to market.
all
events, for the four weeks ending October
the
receipts
560,500
of
bushels,
wheat
as
at
against
Minneapolis
only
were
0,458,020
country furnishing the reasons
of the systems have been
At with
29
13,-
bushels
St.
;
and, besides that, several
benefited by their connections
Louis and the Exposition
at that point.
roads which have sulfered decreases in earnings are not
very numerous.there being only eighteen out of tlio sixty-
seven contributing returns and only five of these eighteen
Tlie foldecreases are tor amounts in excess of 830,000.
weeks of last year.
On the other hand, at Duluth, which is also a spring- lowing table shows all changes, whether increases
wheat point, the receipts were only 6,004,267 bushels, creases, above the figure mentioned.
in
the
corresponding
four
The
or do-
:
.
.
PBUfOIFAL OHANOBB
Increases.
&
Kana.
Texas...
»
URONSf UASNUIOH
$38t!,5ll
Tol. 8t. L.
IM
0CT01i£U.
lo'Teanes.
West
336,871
Bair. Booh.&Pltteb'jfh
236.73!!
2l5,<i70
Na8h.Ohat.ASt.IX)ulB
191,05S
176,2"8
144,434
Iowa Central
jsuIyOulsHouthwest...
Central of OeorKta
minols Central
&
N.O.&Tei.Pac
Mobile AOhio
& Naehvllle
kun Arbor
174 334
Butr.Roch.A Pitts
740,00;;
710.1 p.e
C14,78V
eC9.6S9
N.Y.Cent.&H.U.t
35,173
3,414,924
8.01V.462
f .799,8; 6
e.915,311.
6,911.210
6.0C6.877
750,45'.*
6t2.-14
181.187
l>'l.e35
283.246
108,i«E
211.422
ll-4.-)e6
1. •'43,002
1,671.197
296.64.-
2i9.d20
A T. H.
818,757
227 8
i
282.0..'4
t67.031
201.706
* Ohio Cent..
Tol. Peo. 4 West.
Tol. St. L. 4 West.
853,36
103.648
325,971
381,712
258
lie,06<
281.8.
117.813
2ti2642
i; 0,871
889,9e2
3t.
L. Van.
Wheel.
4
2,543,16?
2.806.2«
1,970,096
416,606
406.14:^
Total
*
t
Oro»s Eamingn.
ISee
1S07
1808
1899
1900
1901
1902
180S
1904
Jon.l
Miltt.
92.816
97.184
93.681
64.836
The
Pall
4 Detroit River Rr. In 1904. In 1903 and tu 1902.
Brook System, the Beecb Creek RK. lind the Wallklll Valler HR.
4 Albany In IfaOl lu03. 1902. 1601 and 1 900.
,
GROSS JSARNING8 AKD MILEAGE IK OCTOBER.
Preceding.
80,354 822 Dec. 2.830.697
49.601 .81 Inc. 4.364,536
53.950.376
61,696,,H00 Inc. 2,87rt,2.S2
?i9,38i,536
68,523,,87
86,276
99,693
89,611
88,637
88,234
88,724
53,976,132
93.875
90,509
56.051,244
53,318, 505 Inc. 8,782,739
74,763,570
66,609,,n« Inc. 8,244,391
69.104.632
72,40B.87^
64,760,,43L'
66,890,161
63,989,,889 Inc. 2.460.272
Inc. 6.858.659
Inc. 4.344,41.0
6S.739,,460 Inc. 3.667.613
to Oct. 31
91.414
90,«60
388,169.172
96,417
96.12S
92.684
91.926
415.675,86?
1-3,464
f-7,l50
84.411
99,915
1896 (123 roads)
1807 (183 roads/
1808(123 roads)
1890 (102 roads)
1900 (91 roads)
leoi (94 ro&ds)
190S (77 roads)
1908 (71 roads;
1904 (67 roads)
98.269
89.675
400.664,741 Inc.SS 988.142
428,90 L05U Inc.40,,745,104
421.2<!2,209 rnc.41,,114,6^3
636,880,6,'5 rnc.53, 896,921
624,404,004 Inc 43, ,328,436
668,511,94- lnc.65, 89 ',268
647,805,806 fn«. 1 ,060,754
93,'181
371,09e.85( I»U!.12,,072.318
897,417.261 /n«.18,,158,007
439,668.88(1
467.646.154
90,451
88.49!>
462.333,832
596,847,676
567,732.440
634,403.248
83,724
82.834
648,856,559
9!. 498
£roTB.— We do not laclnde the Mexican roads In any of the years.
To complete our
analysis,
1904.
we famish
the following six-
year comparisons of earnings for the more important
Alabama Gt.Bonth'n.
Ma.N.O.&Tex.Pac—
N. on. & No. East..
»1 80,6 45
223,3
126,86;
-i.'
Ala. & Vlcksb
Vloksb. Shr.&Pao..
A.nn Aroor
Belief on te Central.,
inff.
129,?'
5,881
746,002
California & North w.
'Janadlan Paolflo
Jentral of Georjcia..
Oiattan. Sonthem. .
157,38i'>
4,725.000
1,104 .4'J9
10,82?
732,594
601,789
189.415
Ohio. Great Western.
Ohio. lad. ALoolsv..
Jhlo. Term. Tr. RR..
3ip N.O. ATex.Pac.
1/424,9211
Oolorado & Southern.
Dfinv.& Rio Grande
Rio Grande West.
655,383
1,648,700
142,63
231,014
152,392
roads, arranged in groups.
1904.
1901.
e
I
0288,536
1.104.42W
Alabama Gt.So.
Osnt. of (3«orRla.
1902.
1908.
%
2S0.43I
874,320
059.S05
239.689
796.703
473,82*
879.998
602.973
OlnJJ.O.&Tei.F
By...
1899.
732,724
432,211
62,562.«64
673,024
66e,7''J
706,29?
4.823,922
—224,436
+84,781
—5,573
5,628 6,628
183,050
171.328
5 9 9^7
4.357,333
20.120
687,484
219,623
140,177
482,863
3.413,902
18.444
3,957
55.761
299,164
4,383.493 4.172,e83
8,872,389
780,330
79fl.07«
3,584.111 3,402.S49
758,951
666,434
12,863.822 ir740.i68 10.872,279
IGO*.
October.
1908.
1003,
Ohio. Gt. West...
t
$
4,785.000 4.48J.2et
73?.5.J4
776.30.
DnlathB.S.&Atl.
Qreat North. Sys.
4,817,317
Paolflc.
6,0O^972
219 523
250,'>H0
6,268,940
8,693,479
1601.
753.6 ;e
209,806
4,8"7,a08
4,168 408
227T3''
3ll,bUi)
S40,8U
092,109
Bt.Paul&Dul.)
Wlsoonsln Cent'l.
792.566
844.44f
6,243,537
6,3^8.18;
4,642,635
614,431
612.432
669,976
227.421
808,4t)l
780,586
900,017
25,567.176,818
5,35^,011
l,24».o0
480,6i'S
1904.
1003.
1608.
348.737
129,975
4,388,493
203,891
64,289
90,781
l,3i:i,84i:
1900.
1001.
666.773
«
497,246
669,1(9
0«n.*K.ur. >
B.Gr. W..>
1,648,700
1,623,300
1.699.176
1.697.944
1899.
;
«
467.61'
415 310
i
l,122.e8-
<
50f,81l
980.035
428.183
436.278
1.448.204
2.947,349
601,697
842.554
Iat.&Gt.No..
689,146
687.43)
665,966
638.082
691,47:)
Mo.E.&Tez
2,360,926
1,974.4 If
l,8>44.85e
1,391.466
1,660.77?
Mo.P.&Ir.Mt.
t.L. Bonthw.
4,136,000
4,067,00(
3,764,690
3.e0.'J,833
3,185,791
909 69
13l3,84t
7SS,4'9
774,74S
771.704
1.184.834
776,740
1.163,90^
1,167,44!^
ll,t)13.701
10.904.168
10.6SO.006
10.250,664
l.llS.SOt
9.457.
3,879,000
188,000
ITS 2,8 10
+ 124.0y;
+3,424
+64,21 J
+3J,652
71t{,373
8e8,36d
23,978
7.1«6.763
5.243,537
+ 1,810
+ 10,055
+ 103,474
+ 191,058
+ 7.386
+ 173,208
+ 120,925
+ 11,386
+ i 15,670
1,058,24..
35,363
733.489
227.81
118,590
4,172. »23
60.9iie
+ 129,015
+700
l\-'()0
3'i?>M71
Total i67 roads)
08 8.143.580
388
196
388
96
S12
t;4 2
1,629 j,«.-)3
3,042 2,783
6,76(5 6,578
91-..2
1.212 1,201
144
144
3.4S0 3 422
6,610 5, .'^44
2,108 2,0ti0
180
180
1.308 1.293
158
158
166
166
7,204 7,187
80
174
227
80
174
'i-i,7
1,827 1,754
58
58
— 7,11'2
436
248
451
88
440
248
+45,169
451
88
+ 4,705
+ 10,767
2,616 2.484
+ 65,746
1,201 1,171
S,J0fi,29l
+ 336 871
406.142
614.431
730.330
+ 10,569
416,909
825,000
79B,07t
r:7
+27,397
1I6.06U
284.313
yi7.46>
97
64
97
64
127
642
+ 9,078
81.703
1,184.834
>80
880
+2.15S
—6,648
206,733
260
261
347
8,644 s t^a
—55.000
'.73
Iv.i
+7,634
.74
395
4,374 4.3K1
137
137
1,169 1.149
f58
668
i77
177
+ 5.74
+ 9.:48
+H!4.71'-
353,;; 6.-
tf 12,
+8,780
432
360
280
347
—3*1.173
+47,003
—1,296
+ 386.511
108.9.18
329,98ii
2,543,
+ 1.662
+ 30,567
79ii,'566
)7,-.C
.
432
678
895
^rf07
+139,584
+4,534
1,974.4 "^
42.7-i9
Waeel. sfc Lake Erie..
Wisoousln Central...
Yazoo it Miss. Val...
469
977
4b9
977
66,390,161 63,939,889 f 2,460,272 83,72482,234
Mezloan Boads— Not Inolud ed In totals
Intorooeanic (Mei.)..
."iOij.ias
Mexican Railway
Mexican Southern...
V35O.O0(i
y68,9 4
Nat'l
$
638.631
t
Waba«u
1'6,<?32
909 697
St. Louis
3t. L.
RR.
of Mexico..
OBOLIJP.
655,888
«
Pere Marquette......
Rio Grande South'n.
aonthwes'n.
Var <v, T. H...
Southern I-i'::;*n3
Southern KadA'ay....
i'. Haute A ludlanap.
r. Haute Oi Peoria...
r dxae Central
Texas A Paolflo
Tax. Bab.Val. & N.W.
i'ol. (S Ohio Central.
iOl. Peoria ii. vvest'n
lol. St. L. &. West....
Poron. Ham. & Buft.
1,623,300
668.0-3
3,498,763
3,534.684
229,064
[
17,918.408 17,888,789 17,408.849 16,204,34) 11.736.312 12,780,276
South.
Texas & Pac.
241.178
8,416,5,';6
/
BABNIN08 OF SOtJTHWElSTFjKN
October.
I
3,084,606
64P.«91
698,640
237,203
3,033.826
il6.9o6
Sb6.411
424,651
;?55,521
2K9.1t-.J
1869.
R
2.7T4,«26
231,l«(i
686,000
i
1600.
<
3,682.403
739,«2>
S?
4,127,402
6,852.011
M.St.P.acB.S.M.
Total.
PAOIFIO GBoOP.
306.798
005,68)
Mliin.& St. Louis.
North. Paolflc.
247.7a0
234,014
towB Central...
ToUL.
133,000
1136,234
^ash. Chat. <fe St. L..
^fevada-Cal-Oregon.
J(.Y.Cen.&Hnd.Rlv..
I
653,658
9.bl4,08t
BASmNOB OF HOHTHWH8TEEN AND NOBTH
&
A,OOJ,00(t
Jaok.&K.C.
aobUe&Ohio
6 FVeiKht on material carried for company's own use Is no longer credited to
saminKs, the itoai navlnjt ueen eliminated from both earnlnRs and expanses.
The UffureR for i90+, ISO.S, 1902, 1901 and 1900 are siren on this bftHls.
Flenres for foarth week not yet reported; taken same as last year.
Col.
...
c^orthern Paoltlo
Total
Osnadlan
Western,
& NaehviUe..
Macon & Birmln^'m.
VIoblle
)
Bt.IiOuUDlT. >
Tazoo & Mlss.Val.
689,146
250,090
143,937
447,190
3.460,905
15,148
9,698
65,009
338,798
905,584
2,^60,926
imn.8t.P.<fe 8.8t6.M.
Mo. Kan. & Tex
Mo. Pao.&Irou Mt...
Central Branch
720,701
1U2
336
1,120 1,121
2,398 S,393
i,085 4,085
24,6.54
liouisv.
Range
Minn. &St. Louis
.'56
—43,313
680,734
4,496,917
Mioh
ivrinerai
108
818
591
102
336
3,222,750
18.5,75.1
"tfanlstlqne
I
196,879
62,7;5.3l>:f
0639,780
608,780
Iroalsv.A Nashv.. 63,460 005 63,413,902 68,15<<,672
780,68B
63H,675
Mobile & Ohio...
716.873
900,017
Kash.Chat.& 8t.I,
866,363
823,287
eonthem
ISCO.
205
329 8,044
1,878 1,S!45
3
—4,850
—8,243
+33,030
— 78,24 >
.'00
217,831
Southern
latemat'lA Qt. No..
Iowa Central
<fe
+ 8,115
+ 85,«3e
+ 13,71t
+ 236.73P
+ 144.434
+ 4 Ifi,^
— 4o.''o8
-1.990
\^6
143
169
292
27
9.05
—6.; 52
309
196
143
189
292
27
558
4,599.48t
Ship Island..
Hootlnsr Valley
Illinois Central
l<ake Erie
S09
-5.135
+ 4 986
228,490
) 21.882
134.670
166,219
7,371
710,166
143,669
4,488,264
959,995
6,660
776,302
509,639
147,658
V39I.890
6S3,631
247.730
153,744
<&
di
S
+9,216
171^29
3,174,437
Gr.Trunkof Can...)
Gr. Trunk West.. >
Det.Gr.Hav.&M. >
at No.— 8.P.M.&M.
Eastern of Minn. >
Montana Oeutral..
Kanawha
BAHMIHOS OF .>ODTHBBK GBOUF.
]/
+25,400
—14,201
—13,716
-1,352
Detroit Sonthem
Ool. 80. Shore &Atl..
3a. South. & Florida
Gulf
!>•
174,33
Rooh. *PlttBb..
Illinois
October,
1903.
Miltai"-.
Increase or
1904. 1903.
Decrease.
Deereate.
I
95,868
92,684
91,631
Saminge.
Bapie of Road,
or
t
47,974,126
92,031
88.014
101,364
roadB)
roadi;
roads)
roads)
(93 roads)
(99 roads)
(78 roads)
(72 roads)
(67 roads)
(187
(127
(188
(105
Year
Oiven.
Preceding
Given.
MiUt.
Inertait
Tear
Tear
ICi.ltH
IW JIK
Includes Lake Brie
O'/ott
October.
823.280
8l2.'.iij«
29,184,440 21.818,131 19.877.425 I8,fe65.54f l'5,S74,903 16,086.738
fact.
Tear
1,805.70
Included for all the years, ^n d Boston
table furnishes proof of the
Mileage.
245.51)-
373.9S9
L. Brie..
89fc
147.8^4
amount of increase
year and decidedly large increases in the years pre-
The accompanying
3.752.831
'.
4.857,3a.
Pere Marquette... •1,246.300 •1.05-,'4
fol.
$395,097
6VJ.9
660,73*
Wabash
the roads collectively) follows a fair
ceding.
425.388
870.946
8,469 978
7.176,818 7,c';.''t:i
78.2-jiW
43,7'.h
It is needless to say that the present increase (treating
last
168.658
704 ,6 It
643.01(8
885.667
461, IM
3:8.479
420.14)
2.956.36t- 2.740.910 2.540.749
607,070
5C0.51'.
401,749
3.£.2.7:(.
3.174,43',
.
J
174.802
•1.000.3U
4,498,917
Sys..
1898.
t
4,044,'C^
lUupli Central
'iookiUK Valley.
IbOO.
>
176. 6 jf-
166,2.9
Grand Trunk
Covers three weeks of the month only.
J
S
$lS°,^r>r,
48,313
1901.
1908.
2,722,420
fj
l>ecrei)ii«on.
Great Northern Syut..
112.718 Colorado & Southern.
108,474 Or. Trunk Hvs
Great W«8tern.,
an nnn
ea.ooo Ohio. Erie & Western..
Lake
65,746
64,213
Total (representing
47,003
5 roads)
120.92ft
YaEOO <b MlH8. Valley.
ISOS.
1604.
Chlc.lnd.* Lonlev.
v33,030
r0,5«7
22 roadB)
129.015
Oclobir.
35,83fJ
J'S.HSZ
Total (repreeentlnfr
139..'>ri4
Paclflo
Vand. <k T. H'...
Mlnn.St.P.&S.Ste.M.
Northern Paolflo
Mo. Pao. <V IiOD Mt. >
Central Branch... J
St. L.
LooiBTllle
CIn.
Vol. lxxii.
KAKmnO n or MIDDLK AND MIDULB WBBTBBh OBOCP
$15,169
<fe
WabMti
Osnadlan Paolflo
Bontliern Kallway
Pere Marquette
Texaa
S
.
.
THK CHRONICLE.
2122
Bfo.
).
.
.
(
.
yS5.:^20
+ 28,975
+81,000
+ 3,634
857,520
+78,538
471,163
j/U9,C00
936,063
y Figures here given are for three weeks only of the
the fourth week not yet reiK>rted.
H Figures are for four weeks ending Oct. 29.
736
321
263
736
321
263
1,599 1,376
month In both
)'ear8.
GROSS EARNINGS FROM JANUARY
Kame
of Boati.
1904
1
TO OCTOBER
1908.
Increase.
$
y2.188,037
V2.340,138
Alabama & Vlcksb'g.
1.936.582
2,012,600
1,032,691>
977,086
1,154,624
1,094,131
Pac-
Vlcksborg Sbr. & Pao.
Decrease.
S
Alabama Gt. Southern.
11a. N. O. & Tex.
N. O. & Northeast'n...
31.
147,899
46,018
106.608
60.39S
—
.
Nov.
Same
.
)
)
THE
12, 1904.]
of
Road,
,
1
1903
1904.
CHROlsrICLE.
Increase. Datr»a$e
«
9
Ann Arbor
1,579.38"
4fS.Slf>
Bellefonte (Central
Bnff. Rof^h,
*
PltfBlJurs
California & Northwest.
0*nadlan Paolllo
Central of Georgia
Oliattanooga Southern
Ohio. Great Western...
Chlo. Ind. <fe Loalsv
Ohio. Term'l Transfer.
Cln. New Orl.&Tex.Pac
Colorado A Sonthem..
Uenv. <St Rio Grande..
Rio Grande Western S
—
Detroit Southern..
Dul. So. Shore <fe Atl..
6a. Sonthem & Florida
errand Trunk
...J
Gr. Tnmk Western. . >
Det. Gr. H. AMllw..)
GreatNo. St.r.M.A M.
East'n of Minnesota j
Montana Central......
Qolf
&
Ship Island
Hooking Valley
Illinois Central..
Illinois Soathem........
Great Northern.
Int.
&
Iowa Central
•
Kanawha & Michigan.
•.
Lake Erie & Western...
&
6,^56,24
1.248,34)
39.^81 591
7,975,174
103,0.1s
6,3H,'2G
4,459,13
1, 267.1 .
65,913
1,440,369
335,949
4,50
378,761
4i,501
171,2S1
6,' 1(J,0'»?
4,503,63.!,
'.43S,388
189,957
w5.3.-6,88?
5 273,449
iie.b'ii
i:i,378,671
14,424,543
1,045,872
1,1.'14,694
1,378,'402
2,08*.377
1,404,404
3,362,575
1,427,582
223,708
278,195
23,178
27.988,769
29,643,616
1,654,847
SO.937,449
32,634,229
2,0i.7,08i
1,826,163
1,499,679
5,346,089
39,283,693
132,709
4,834,736
1,982,229
1,343,091
4,373,725
30,542,600
116.864
59,H03
462,642
1,607,498
4,781.209
39,655,769
246,9u2
4,575,00'
2,041.26t«
], 3*^6,347
4, il'^.SO^
3i.,-,8'<!6,4.^t
io;-..i2^
72,41
Manlstlane
53b,ib5£
Mineral Range
7,336,83':
Minneapolis & St. liOnif
5,887,91'StF.&S. Bte. M.
Minn.
15,325,334
Mo. Kan. & Texas
34,607,231
Mo.Faolflo & Iron Mt..
1,411,001
Central Branch
11879,246
MobUe Jack.<& K. City.
6,56i,88e
Mobile & Ohio
8,616,237
Nashv. Chat. & St. L..
173,216
Nev.-Cal.-Oregon
64.666.047
N. Y. Cent.A Had. Rlv,.
3J*,41*.,'iHC
Northern Paolllo
9.909,59!Pore Marquette..
.73,395
Rio Grande Southern..
6,616,303
St. Louis Southwestern
2,688,26S»
St. Louis Vand. & T. H
Southern Indiana
1,097,636
Southern Ballway...... 38,534,19S
T. Haute-<fe Indianap..
1,776,5b 6
527,68f
Terre Haute «3» Peoria.
676.30V
Texas Ontr al
9,438 93iJ
Texas ifePaoitto
Texas Sab. Val. & N.
12e,40>
Toledo & Ohio Central.
8,082,601
Toledo Peoria & Weet'n
1,102,470
Tol. St, L. & Western...
3,002,544
Toronto Ham. & Bull.
1/528,989
Wabash
20,472,660
Wheeling & Lake Erie.
3,540,042
Wisconsin Central
5,428,104
Yazoo & MlBB. Valley.
6,381,677
W
'
7,63f».2^^
9!3,534
4,497,402
Macon & BlrmlEgham.
:
1,)'8'?,4,2!?
37,941, 2<i;
«5,5!:6,83i'
Nashville.
liOnlsyllle
185.346
16.936
257,653
1,764.733
62.454
6,613,900
2,4.';
1,696,780
190,917
7,3.19
564,880
373,076
114,193
59,727
59,037
43,25e
264,92~i
283,859
'ii.i'io
'is'.iie
54,01';
119,798
76,543
6,6.Si
5,964.460
14,298,a7i
34.540,90a
1.2t4,t>'00
ir278,*.47
6,438,!>7i
8,3^2,^80
165„98e
1,026,961
68,26.'-
167,000
100,799
2,199,956
39.621,406
9,382,024^
416,731
5,939,728
2,089,04c
935.116
S6,452,09S
1,720,803
530,157
492,498
9,379,651
lX7,60r
3,200,780
l,076,0Af
2,646,37'
y470.3«S
18.862,797
3,771.686
5,686,037
6.887,668
206,976
527,670
43,335
676,575
499,226
162,520
2,082,094
65,785
2,469
69,289
8,80C
118,179
26",421
yl,424,20U
331,644
257,933
592,125
407,500
omy
S00U %OtiCtB»
Memoirs op Henry "Villahd. Iq two volumes.
l>Iow
Y01&.
HoaghtOQ,
Mifflin
& Co.
After this, it was natural that Mr. Villard should have
been named as a member cf the delegaticn sent by this com'
mittee to investigate the Oregon situation. This he did in
1874, and, by his discoveries in Oregon of serious frauds perpetrated by the constructors of some of the railway's branches
on the G-erman bondholders, installed himself in the confix
dence of these foreign interests. From this to an effort to
disentangle the perplexing Oregon situation, in the interests
of his clients, was a necessary step. It resulted in his elecCa'iifornia Ry. and Oregon
tion as President of the Oregon
Steamship companies. Some time later, and while Mr. Villard was still engaged in the Oregon affair?, the German
bondholders of the Kansas Pacific Railway, learning what
California, applied
he had accomplished with the Oregon
for his asEistance. He became President and receiver cf that
company, which, in 1879, he carried successfully through a
contest with Jay Gould and the Union Pacific interests, the
&
which was the Union
and the rehabilitation
Pacific- Kansas Pacific
of his
cliect^i'
con-
Kansas Pacific
bonds.
prestige gained at that time, both in Europe and at
Villard'ii fnlure achievements In
the railway world. This latter part cf bis career is too weJ,
known to need particular review. P>,-rhaps the most inter.
home, led the way to Mr.
494,009
1/:'; 8,591
Mexican Southern
124 37i
V^52,9e7
BatlOTiaJ RB. of Mer.
S',553 SSO
9.410. 63i
142,728
y These nguies are down tu the end ot iiio third week of Oct.
^ Figures are for period to Oct. 29.
and
mittee.
The
356.166
58,586
1,609,863
Mexican Boads— Not Inoladed
In totals.
5,149,60fi
4,557,373
holder, after consulting the Protective Bondholders' Committee at Frankfort, returned to Mr. Villard, and being
struck with his opinions, in the light of the information there
obtained, induced him to accept a membership in that com-
solidation
Total (67 roads).... :18,856,569 547.806,805 11,997,958 10947201
p.o.)
1. 050,75 ^
l/4,>-31,70t
finarcial career.
Its beginning was purely accidental.
While f pending the winter abroad in 1878, ill and without
ary promising personal prospects, he was oalkd upon by a
gentleman who desired his opinion regarding an unfortunate
investment in the 7 per cent tonds of the Oregon & California RR. Co. Mr. Villard, being wholly ignorant of the
company and knowing little of the region which it traversed,
could not give the information. For s cme reason the tond-
result of
8!{,804
Ket Increase (019
Interooeanic (Mex.)....
Mexican Railway......
have seen few narratives of these stirring events which throw
so interesting a side-light on them as the chapters of Mr.
VillJard's Memoir.
What will perhaps more particularly interest the financial
community is Mr, Villard's remarkably frank etory of his
&
126,7tJ6
314,057
7,232
66.865,00.^
2123
Boston
Price, $5 00.
part of bis reminiscences, and that which will appear
most novel to the present generation, is his very frank story
of the famous "O. T. Pool." This episode is especially
interesting as showing that the " blind rooi syndicate," of
which more or less has been heard in the past itw years, was
older by fully a generation than the date of its recent application. Mr. Villard's plan for the Oregon Railway & Navigation involved the haimouizirg of the Northern Pacific,
Early in 1880 the
then under the Billings management.
Northern Pacific, which had been thought to be in a position
where it could not dispense with the good will of the Oregon
Navigation, suddenly sold |4O,0O0,0OO of its bonds to a bank,
(rating
This posthnmoas autobiography of the late Henry Villard.
a wcrk of esoeptionsi interest. It covers not only the incidents with whiuh Mr. Villard haa been most closely identified in the public mind, but a great variety of episodes with
ing syndicate. It was thus in a position to force the fighting,
Mr. Villard at once perceived that a counter move was
essential, and determined to get control of the Northern
which Wall Street, which knew him well in hia later career,
would hardly have thought of identifying him. Coming to
New York as a young man with no resources, and reduced at
times to the point of starvstion by inability to find employment. Mr. Villard turned his sfcepa toward journalism, and in
the later fifties was sent West as representative of the "SfcaatsZeitung " of this city. There he was attracted by the announcement of the Lincoln-Douglas debates, and followed
words of the Memoir:
is
the fortanes of Mr. Lincoln at that time while continuing to
represent hia Important New York connection. Still in a
journalistic capacity, he was with Lincoln at Springfield
during the 1860 Presidential canvas?.
sjood deal of highly
interesting anecdote regarding Mr. Litcolc appears in the
chapters covering this episode.
The outbreak of the Civil War found Mr. Villard in Washington, where he witnessed the first gloomy days before ihe
A
Northern regiments arrived. Hts saw the battle of Bull Run
and describes it graphically from an outdder's point of ViCW;
then, sent West, he seived as correspondent with the etaffs
respectively of Buell, Grant, Rosecrans and Sherman. The
description from his point of view of these Western campaigns
is particularly graphic.
Coming Etist in the winter of 1862,
he witnessed personally the carnage of Fret^erlcksbarg. We
Pacific itself.
How
this
was done may be shown in the
Accordingly he issued a confidential circular to about fifty
persons, informitg tuem that they were desired to subscribe
towards a fund of $8,000,000, to which he himself would contribute a large oart, in order to enable him to lay the foundation of a certain easerprise, the exftot nature of which he
would dieclose on or before May 15 1881. Payments were to
ba made ia three inatalments.
The effeci; of the circular was astonishing. The very
novelty and mystery of the proposition proved to be an irresistible atf.raciiOD.
One-third of the parsons and firms appealed to sigaed the full amouut asked for before the subThen a
fccription paper could reach thi other two-thirds.
regular rash for the privilege of sn^sjribing ensued, and,
withi'i twenty- four hours of the issue of the circular more
than twice the amouut offered was applied for. The allotments wtre mai'- aa fairly as possible, bat hurdly owd of the
subscribers was sidsfied with the amount allowed him. All
wanted more, and Mr. Villar>i'8 oSioes ware crowded with
persons pleading i.^r larger participations, including some of
the first bankers) of New York, of whom sevetHl protested
The subscriptions oouimanded
angrily when refased.
twenty-five per cent premium at once, which rose to forty
and fitcy per cent;
other words, people were willing to pay
fiftoba hundred d')llars for every thousand they were per-'
The eight million dollars wai^
mltted to oonuibute.
promptly paid, uuCtvlthstanding the great stringenoy of thi^
money market at the time.
m
THE CHRONICLK.
2124
It is worth notlclQg that this Oregon TranscontiDental Company, formed on the basis jast described, was really the first
o! the "holding companies" with which our recent finance
has made the markets so familiar. The purpose of this
blind-pool arrangement, the purchase of a controlling inter.
est in the Northern Pacific Railway, was quickly and secretly
accomplished. It was this exploit which placed Mr. Villard
and his friends at the head of that important company,
whose affairs they continued for many years to manage.
The coincidence is certainly curious that it should be the
Northern Pacifio Railway which on two occasions, twentyone years apart, should have been the centre of a contest for
control between powerful rival interests, and that in each
case the outcome of the struggle should have been possession
of the shares by a holding company.
I
Vol. Lxxix.
with the post-office and the express companies; a form
order between certain banks having direct relations
with each other has long been in use, and a fao-simile
specimen is given, which is in form a certificate of deposit
issued by one bank and payable at one named bank in New
York, Boston, Chicago, New Orleans, Dallas, San Francisco,
Mexico City or any branch of the Imperial Bank of Canada.
The miscellaneous services— such as receiving and crediting dividends, buying or selling securities, and otherwise
acting as financial agent— which banks sometimes render to
their customers, are explained in another chapter; anothe'^
explains and illustrates "the most important service of the
Clearing House for the mutual support of its members in
times of financial troubles," to wit, loan certificates.
These
are used solely in settlement of debit balances, and the interest charge on them secures their withdrawal when no
The Modern Bank : A description of its functions and longer needed. "They practically make (says Mr. Fiske) of
methods and a brief account of the development and present the aggregate reserves of all the Clearing-House banks a
systems of banking. By Amos Kidder Fiske, A. M., asso- common fund for
the protection of their deposits, and in
ciate editor of the "Journal of Commerce and Commercial
extreme cases there may be an actual apportionment of this
BuUetion." 16mo., pp. 350. Price, |1 50; by mail, 12 cents
fund for the temporary support of the weaker banks." This
extra for postage. New York: D. Appleton & Co., 1904,
This volume, being number six in Appleton's Buslnesg
one of several somewhat recent books on the sub.
It treats the subject simply upon the
ject of banking.
practical side of detail, beginning with banking operations
directly after a few introductory chapters upon the elementary principles of barter, money and credit, credit currency
and paper money. This brief treatment of the foundation
theory of banking is good and clear, and we particularly
like its distinct statement of the fact, so readily and injuriously lost sight of, that trade is always and inevitably an
exchange of commodities (or "things") for commodities, and
that money and credit are merely tools of convenience
Series, is
titlon
of
might,
we
think, be emphasized
by saying that the
asso-
ciated banks in this city will not, ordinarily, permit one of
members to go down, provided the institution is clearly
shown, on examination by a committee, to be sound and in
only some temporary embarrassment; on the other hand, it
is proper to say that a bank must be able to meet all demand^
upon it daily in some way, for the clearings obligation is im
their
perative.
The chapters upon State banks and trust companies, and
the recent competition by the latter; upon savings banks,
the old State banks and United States Bank; the banking
systems of other countries, and our own national banks, are
A
all good.
volume which covers so much ground oannot be
exhaustive anywhere, but the writing is clear and orderly,
The remarks about United States notes are also sound and
well put that notwithstanding the pledged redemption and and the style without objection. It is well suited for textthe gold reserve held against United States notes, "they are book uses, and there is little danger of embarrassing, by too
not money, but notes that are reissued wherever paid, many good text-books, the happily growing disposition to
and our monetary system would be sounder without recognize in finance something that demands and will repay
them, but for banking purposes they are now money.'* study.
By this last clause Mr. Flske means that they stand and
Directory to the Iron and Steel Works of the
serve for money in the operations of banks.
United Statks, Compiled and published by the American
Seventeen of the fifty-two chapters, covering a third of Iron & Steel Association, 261 South
Fourth Street, Philadelthe volume, are occupied with explanations of the detailed phia. Price $iO 00 per copy.
work of the officers and the several clerks of banks, that of
The sixteenth edition of this comprehensive work, revised
the tellers and the correspondence clerks receiving special to August 1 1934, was recently issued. It is
the largest ever
attention. Perhaps the most Interesting part of this to the published
by the Association and embraces 484 pages.
general reader is the chapter explaining the collection of As in the past, the book has been compiled under the direcout-of-town checks. The man in a distant town who has a tion of Mr. James M. Swank, General Manager of the Assobill to pay in New York does not hesitate to draw a check on
ciation, and everywhere accepted as an authority on mat.
his local bank and mail it; the man in New York who has a
ters pertaining to iron and steel, and it bears evidence of the
bill to pay in a distant town also sends his check, and each
time and labor spent in its preparation.
then feels that the payment s made. The city bank and the
Revised descriptions of the blast furnaces, rolling mills
local bank at once credit the checks to their depositors, and
steel works, and forges and bloomeries in the United States
then must assume the delay and trouble of sending them to are shown in the book, the general plan of compilation
the drawee banks and getting back the returns. In this, as adopted in the Directory for 1901 having
been followed.
the author remarks, "the banks perform one of their most The alphabetical arrangement of previous
editions is retroublesome and least appreciated services." The New York tained, and a comprehensive table of contents and a combank ordinarily sends the country check to a correspondent plete index gives the volume added value.
bank in the nearest large city, by which it is again sent out,
With two unimportant exceptions, the preface tells us, every
sometimes indorsed "to any bank or banker." The most line of information contained in the pages has been obtained
curious of the facsimile cuts in the book is the back of a directly from the manufacturers. The book consists of
four
therein.
—
collected
check— selected
as an extreme case of distant col.
lections— which bears thirteen stamped indorsements, some
of them piled upon others in such a way that their order of
succession cannot be positively made out, the places visited
by this piece of paper being Port Jefferson and Riverhead
on Long Island, Tonawanda in this State, Boston, New York
and Hoboken.
The chapter on certificates of deposit and similar docu
ments for transferring credit contains an explanation of the"
Part I, occupying 188 pages, embraces descriptions
United States Steel Corporation and of the operaticg
companies and all the properties under its control also al]
the independent companies
and all the properties of the
United States Shipbuilding Company. Part II, occupying
186 pages, embodies a description of all iron and steel works
in the United States not described in Part I, and gives the
name and address of every company described in Part I which
manufactures iron or steel, thus presenting a continuous and
complete list of all the iron and steel works In the country.
Part III, occupying 86 pages, classifies by States the lead.
Ing products of the rolling mills and steel works. Included
in this are the Bessemer steel works, the open-hearth steel
works, the crucible steel works, the steel-casting works, the
parte.
of the
;
;
somewhat recent plan of issuing money orders in multiple
of five or ten up to $100, in the form of a bank draft, to b|
bought of any bank participant in the plan. This, says Mr.
Fiske. is a legitimate banking function in which there may
be a little profit, and it is suggested as counteracting the
common practice of depositing postal orders, which the rail mills, the structural mills, the wire-rod mills, the ekelp
banks must collect without charge. The proposal has been mills, the plate and sheet mills, the black-plate mills and the
made in some State bank associations to make a charge for tin plate and terne plate works. Part IV occupies 28 pages
uch collections and to issue bank money orders in
and contains, besides the index, Information concerning
e
—
THE CHRONICLE
N"OV. 12. 1904.]
2125
have httd been defective. Twining was sentenced on October 17
officere, ownership of plants, etc., which
changes
Court at
of the Directory was passing by Judge Lanning of the United States District
occurred while the main part
Trenton to six years' Imprisonment.
through the press.
—Steps have been taken to organized national bank in
AND TRUST GO'S." Montclair, N. J. The proposed institution will be called the
ITEMS ABOUT BANKS. BANKERS
Its
—The public sales of bank stocks this week aggregate 80 First National Bank, and will have a capital of $100,000.
approved by the Comptroller on the 3d
75 shares were sold at auction and 5 shares organization was
shares, of which
in trust company inst. The projectors of the new institution have purchased
at the Stock Exchange. The transactions
auction of one lot of 5 shares. property at the corner of Bloomfield Avenue and Willow
stocks were limited to the sale at
where a bank building will be erected at a cost of
Following is our usual table of sales, including those made Street,
about $20,000.
and at the Stock Exchange.
at auction
Latt previouB tale
FHce.
—The National Shawmut Bank of Boston has purchased
BANKS-yew York.
Sharu
Nov. 1904- 280
280
Nat Bank
lOAmer
the entire Water Street property of the Simmons Trust, ex230-231i3
Nov. 1904- 230
iTSOcSeroe Nat Bankof
^
Oct 1904- 594
tending from Congress to Devonshire Street, comprising a
40 lmprrte«'& Traders' Nat. B'k. 669\-590
TBU8T OOMPANT-J5roo&ij/n.
Oct 1904- 252^* total of 12,000 square feet of land. A new building, to be
260
5 Nassau Trust 00
completed prior to the expiration on January 1, 1907, of the
6 shares were sold at the Stock Exchange.
ir Of this amount
lease of the present quarters of the bank, will be erected on
—It is announced that Mr. George C. Thomas of Phila- the site. The property is said to have cost not far from
delphia win, on December 81, retire from the firm of Drexel $2,000,000. President James P. Stearns, of the Shawmut,
& Co. and the affiliated firms of J. P. Morgan & Co., New who, as a result of an accident has been absent from the
York, and Morgan, Harjes & Co., Paris. Mr. Thomas re- bank for the past two months, is again able to be at his desk^
He became a
tires from business on account of ill health.
—The old building of the National Bank of Baltimore at
partner in the three firms in 1883, and since the death of
Baltimore, destroyed in the fire of February last, will be
Messrs. Francis W. Drexel and Anthony J. Drexel has been
replaced by a substantial one-story structure. The contract
at the head of the Philadelphia house.
has been awarded for the construction of the proposed build—Mr. Charles M. Dow of the Title Guarantee & Trust ing, which will be fireproof throughout, and will cost in the
Company of this city, has recently resigned as Second Vice- neighborhood of $185,000. The building will have a frontPresident and manager of its banking department, to take
age of 103 feet on St. Paul Street and 37 feet on Baltimore
His duties as manager will be pereffect December 31st.
Street.
formed by the Treasurer, Mr. Edward O. Stanley, who suc—Mr. George I. Whitney, of Messrs. Whitney, Stephenson
caedehimin the management of the company's extensive
& Co. of Pittsburgh, has been elected President of the Pittsbanking business.
burgh Surety Company.
—The meeting of the stockholders of the Phenlx National
- The name of the Land Title & Trust Company of PittsBank of this city called for the purpose of taking action on
burgh has been changed to the Land Trust Company, the
the renewal of the bank's charter, has again been postponed
directors having decided upon the change because of the
—this time until next Thursday. The meeting was adjourned
confusion with the Land Title & Trust Company of
from October 28 to the 10th inst., but owing to the absence
Philadelphia.
of a number of important stockholders on Thursday, a second
—The organization of the National Commercial Bank of
postponement was made.
Cleveland, which is to succeed the Commercial National and
—Mr. Joseph C. Hendrix, who had been ill for several weeks the Mercantile National banks of Cleveland next month, rewith typhoid fever at his Brooklyn home, died on Tuesday,
The
ceived the sanction of the Comptroller on the 4th inst.
the 8th inst. Mr. Hendrix was only fifty-one years of age,
new bank is to have a capital of $1,500,000.
having been born in Missouri in 1858. After his graduation
—The stockholders of the recently incorporated Capital
from Cornell University in 1873, he located in Brooklyn,
Savings & Trust Company of Columbus have been notified
where, in the early eighties he took an active interest in poliheld next Tuesday for the purpose of
tics.
He was the Democratic nominee for Mayor of that city that a meeting will be
increase the capital from
can- organization. A proposition to
in 1883, but was defeated by Seth Low, the Republican
and to merge the company "with one or
to $500,000,
didate.
Later Mr. Hendrix was appointed Postmaster of $200,000
more of the financial institutions" of Cleveland will be conBrooklyn, and for six years he was President of the Board of
m
__^_^_—
E^
Education. He also served as a member of the House of
Rfpreseutatlves for one year. Mr. Hendrix's banking career
began in 1889, when he organized the Kings County Trust
Company, the presidency of which he held until 1893, retiring
become President of the National Union Bank of this city,
in the organization of which he assisted. With the consolidation in April 1900 of the National Ucion and the
National Bank of Commerce, Mr. Hendrix succeeded to the
presidency of the latter. This office he held until October
1908, at which time the Commerce and the Western National
Bank were merged. The boards of directors of the institutions with which Mr. Hendrix was connected, namely, the
National Bank of Commerce, the Morton Trust Company, the
Fifth Avenue Trust Company and the Kings County Trust
Company, this week fittingly expressed in resolutions their
sense of the loss sustained by his death.
— Resolutions of regret were adopted on Wednesday by the
to
sidered at the meeting.
—The new banking institution of Chicago organized in
June as the American State Bank has changed its title to
&
Savings Bank. This, it is reported, was
the Citizens' Trust
Savings Bank of
done in deference to the American Trust
Chicago, with which the new institution will have friendly
relations.
Mr. John Jay Abbott, Cashier of the American
Savings Bank, is one of the directors of the Citizens'
Trust
Trust, the officers of which areas follows: President, Mr.
&
&
O. F. Smith; Vice-President, Frank J. Willoughby; rnd
Cashier, J. A. Barton. The bank will locate at Garfield
Boulevard and State Street.
—Receiver J. A. Willoughby of the Capitol National Bank
been authorized to pay a 20-Fer-cent
The bank suspended on April 2.
was announced that the stockholders
of Guthrie, Okla., has
dividend to the depositors.
A short time
later it
had been assessed 100 per cent.
—Attention has from time to time been called in these coldirectors of the National Shoe & Leather Bank of this city
umns to the prosperity of the banking institutions on the
OD the death of one of their members, Mr. Robert H. Swayze,
Pacific Coast. An excellent illustration of this is furnished
whl. h occurred on the 5th inst.
in the subjoined table, showing the growth of the First Na-Mr. Lewis E. Pierson, President of the New York National Bank of Portland, Oregon, in the last four years
tional Exchange Bank of this city, returned to his executive
Aggregate
Gross
Surplus dt
duties this week, after a severe attack of typhoid fever. Mr.
Resources.
Deposits.
Profits.
Capital.
Date.
:
commenced last August.
Sept 6 1904
9
—Mr. Charles 8. Noe hm tendered his resignation as Prol June 17 1904
Kov.
1903
dent of the Mechanics' Trust Company of Bayonne, N. J.
Ai.r. 19 1903
Mr. Noe became President of the company in January 1902, Nov. 261902
prior to which be was its Secretary and Treasurer.
Apr. 30 1902
Deo.
—The Supreme Court at Trf nton on Monday sft aside the July 10 1901
16 1901
conviction cf Albert C. Twining ol the First National Bank Kol). 6 1901
Pierson's Illness
of Asbury Park, N. J., on the gicund that the indictment
Bept 8 1900
$500,000 $983,728 $8,028,190 $10,011,918
10.252,.^90
8.316.077
943,333
500,000
10,833,241
8,307,164
936,837
800,000
9,5»6.819
840,0.'S9
7,777,210
600,000
9.030.160
7.248,084
793,666
,....600,000
8.458,236
6,781,007
740.068
500.000
8.180,168
6.456,378
747.950
600.000
7,612,127
5.924,318
711,229
509,000
7.120,915
5,440.800
700.266
500,000
5,042,814
6,787,065
744,261
500,000
-
.
.
THE CHRONICLE.
21*26
Vol. Lxxii.
UBBT UN WUICU INTBKlfST
Eictpt tbat tLe OepoeliB for St'ptember 6 1»U4 are eilghtly
(which la nsnal dnrlog the Beason
lees than thoee for Jane
IIAH CKArtBLI filNtH
MATUHITY
Btvt. SO
roD<>«<]
Mh7
Oet.il.
Loan of IHWl.ooDtlnoadktZ peroanl.eall*(l
t^>.>0<>00
•-/Oi.'yj
IHSSOOOO
6»i.4SjOO
MU.bW 00
of the mflfketlng of the crope), decided advancement la indigain of nearly three million dollars la
cftt'^ in the above.
nr.ted in the deposits daring the four years, the amount
having risen from $5,042,814 In September 1900 to |8,023,190
substantial addition to the surplus
ia September 1904.
IH.ieOO; lntereito«ai«<] Antrtut IH, 1000
'nn<l»'l l.oHiiof IHWI mKiar«(] -^epieojber 2 1H(*1..
Loan of ll«i,m«tar©<l Keoruary 8, l»04
Ulddabt malarad Krior lo Jan. 1. IWl
has also been made, the amount, now at |983,728, comparing
with 1744,251 in 19''0, while aggregate resources have increased from 19,787,065 to $10,011,918. Mr. A. L. Mills is
President of this institution, Mr. J. W. Newklrk Cashier and
National Sank notei— KedemptlOD acooact
rraatloaaloarreDor.l*iil'4.37S,e8i««tlm'dailoitord«itro7«<l
A
Surplut
$5,743,142
5,531,043
5,454,403
6,199,887
4,521,538
4,388,917
8,929,769
3,310,003
2,730,083
$260,031
205,766
102,110
84,261
74,317
80,267
17,453
35,989
15,597
$200,0C0
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
6 1904
9 1904
9 1903
15 1902
Apr. 30 1903
Deo. 10 1901
May 31 1901
Sept 5 1900
May 31 1900
Sept
June
June
Sept
Deportls.
First National
Bank
of
years haa greatly extended
by the following statement:
five
Oct. 31. IVUi.
Total gross debt
1 .»>8,140,440 64
Cash balance In Treasnrj*. 8»e,!t»2,TU7 23
Totalnetdebt
Sept
Sept
Sept
Sept
Sept
Sept
5
1900
7 1889
The foregoing
$79!,293
500,091
420,587
353,964
814,393
233,733
$6,179,897
6,103,747
5,077,783
3,183,198
2,874,727
2,373,764
Oct. 15, 1904, jpagfe 1619; that
page 1724.
INTBBKBT-BBABING DEBT OCTOBBR
Q.— J.
Loan 011908-1918.. Q.— F.
8i,ConBOl8 0f 1930
8i,
SI,
Rtgiittred.
t
«•,
of Cet,
Loan of 1926
Q.-F.
Ooupon.
t
B49.lKi9.960
5.S4.2fl»800
8640,160
4».:iilM,t<«0
J4.805 4»0
10,8i2,200
988.3:8,980 SX
Inc.
4.404.716 00
a gross debt on Oct. 81, U'f4,
debt less net casa
fund lAaiAlxtif—
t58i.470.or9M
Sold oertiocates
6,750 168 00
770.038 no
4T8 4«,ooJ0«
ii ol* "-.'0 00
Oen. Fimd L4aMtit4««—
National ban k 6 per cent
Outstanding checks and
Fracl ional sUvercoln.
OM
20
4.548 bib 00
61 13 00
12,011,1 HI 64
10,686 04 4 31
2.651.
Natiouai banknotes....
.
g^actlonal currency....
iOOOS
Minor coin
Bonds and Interest paid
e31,5!3D 14
26.80160
Treasury notes of 1800..
Tot trust llabilities»»i.O»i ,Sse>a.> 00
fund
$17.168604 14
12.178,8V 89
drafts
Disbursing ofDcers' bal-
ances
Post Office Department
account
Miscellaneous Item*,.
Total gea. liabillUef...
66.424.08201
S.750.01288
1.508.70810
(na,o;ia.ito4 «4
m
8ub-rrea»urle8.(l 18,(25429^9
Tot.
In Nat. Bank Depositaries—
CredltTreasurerofU.6.$ 0*.'-08.774 37
n.740.707 47
Credit U.S. dlsb.offlcerii
Total In banks
»• i4.(,»>,481
InTreas. of Philippine istds.
Credit Treasurer of D 8. $a,'Jll,e59
;<,7»2,649
Credit D. S. disb. ofBcer s.
Total In Philippines.. (6.794.509
Reserve Fund Hoiding»—
Qold coin and bullion.. »150,COO,000
total
84
P2
ea
T4
00
( i 4u9,9ci5,»t»u 17
.
Cash Balanee A ReserveTotal cash and reserve. .$206,868,707 tt
Made up of—
Available
$146,852,797 83
and
Reserve Fund
Quid & bulL(l 60.000.000 00
Grand
total
|l,40e.9!<6.SwO 4f
«p^0ttctainj g ^omvxtxtxa i||iiglisli^jexjj«
[From our own correspo
81, 1908,
02.191,460
26.S88,460
,
lotat
»
642.000950
77485
SH>i
950
SJ8610
118,t8«i«O0
16a.6H.>i
AuK'te Int.-B«arlnBDebt.l.684.»t«,760 784.678 140 lIo,Me,iao ~g05.157.W»
HOTB— DenomlnatlonB of Bonds are
Of (10 only refandlnKcertltloatea: of fSOIonn of lOOSoonpon and reglitAre i
U( t50 all issuei except .< of 19<jB; of (Uin sill iBHaes:
Of (500 all except 5s of lU04ooap.; of tl.OOOall Issaos;
Of •S,0O0ullreKlste'd2a,8sand48: of I'.O.ouOall rexlRtered bonds:
Of tao.OOO resist. 4s loan of 1907; of 160,000 registered 2s of 1980.
.
666,(49 50
I>ee. 6,001..3O6 'Ji
Sliver certlflcates
Oulted States notes
81. 1004.
18».7U2,«eo
40,0ia,760
162^1 6.400
Der.
801,414,168 bA
LLABILITIBB.
Treaeurynotesof 1880..
1904.
Amount OutttanHnt.
4i.FnndedlOBn.l907..g.-J. 740,»2H,tOO 110,;el,76O
4i Bofnnd'Koertlflo'B.Q.— J.
1.2fi8,797,'»0 14
7yi*»t
(&8I,479 068OO
4';8,ie4,000 00
9,1 18.428 00
H,494.572 00
Silver ceri.ltlcates>
Silver dollars.
Silver bullion.
7, 1903,
I
*4,&20 00
6a2.2cW 60
General jFujmI Holdinoi—
Sold coin and bullion... (30.774 018 88
41,i;b6.ai000
Qold certiHcatea
of the public debt and Treasury
cash holdings of the United States are made up from ofticiai
figures issued O^t. 81, 1904. For statement of Sept, 80, 1904,
ittued.
show
FunA RoUHnge—
. .
The following statements
Loan—
l>eo.
Deo.
Silver dollars
Sliver dollars of 1890..
Sliver bullion of 1890.
H.Q^l.B06,K69O0
Total trust funds
Betourcu.
$7,871,195
7,356,783
6,171,466
4,214,607
3,822,027
3,092,053
Deposits.
DEBT STATEMENT OGIOBER
7itle of
CO
2<)
l.«e^.a-^0
Total
<S
Amount
HO
186.977.818 88
AS8KTB.
Iruft
.
Jnt»r«ft
payable,
figures
Qoldooln
2nd Vice-President; Mr. Stoddard Jess, 3rd Vice-President;
Mr. W. T. S, Hammond, Cashier, and Messrs. A. C. Way
and E. S. Paaly, Au-^istiint Cashiers.
Chkoniclk
litt.
t
Ino.
Treasuby Cash and Demand Li abilities.— The caah
table shows marked development in every inSince 1899 deposits have been nearly trebled, having
risen from $3,873,764 to $6,179,897; surplus and profits have
increased from $282. 739 to $791,293, and aggregate resources
from $3,092,053 to $7,871,195. Is uiay be noted that with the
Increase from $400,000 to $500,000 in the capital of the bank,
voted by the stockholders in April, the premium of $203,000
(the stock was sold at $300 per share) was added to surplus,
but independent of that addition the gain in surplus has been
The management consists of Mr, J. M. Elliott,
large.
President; Mr. F. Q, Story, Vice-President; Mr. J C. Drake,
Nov.
90
Holdings of the U^ovemment as the items stood Oct. 81 wehave prepared 'rom the Treasury statement of that date.
The above
see
BS6.7b7.e62 41
I
8e6.167.''30 00
of 11,283,140,449 61 and a net debt (gross
ia the Treasury) ot 1986,787.662 41.
stance.
tee
60
6 CO
InolTidlngtl60.000.000 reserre fund.
Grand
Profits.
$600,000
400,000
400,000
400,000
400,000
400,000
6 1904
9 1903
15 1902
30 1901
Inc. or
Sept 30. 1O04,
.
business, as will be seen
Surplus
Capital.
7)ate.
.M
(>.fi)0.<:«Vi
1880.954,0' 9 SB
Ciatfi^eation of Debt—
I
bOB,157 770 00
Interest-bearing debt
1.627.700 26
0«bt. Interest ceased
Debt bearing no Interest.. 886 85 4, »T 9 88
Los Angeles during the past
its
38 76'
RBCAPITDLATION.
The deposits have more than doubled in the four years,
haViDg advanced from |2,730,G83 to $5,743,142. Aggregate
resources have increased from |2,945,88l to $8,203,173. The
cfflc'al staflE is composed of Mr. W. M. Ladd, President; Mr.
R H. Denny, Vice-President; Mr. N. H. Latimer, Manager;
Mr. M. W. Peterson, Cashier, and Messrs. C. E. Burnside
and G. F. Clark, Assistant Cashiers.
—Mr. James K. Lynch, Cashier of the First National
Bank of San Franciaeo, and Mr. James K. Moffitt, Assistant
Cashier, have been elected, respectively, Vice-President and
Cashier. President S. Q. Murphy, on account of ill health,
has been granted a leave of absence by the directors.
—The
5S.m»'.
AcBrecateo(d«btb»»rlnenolnt«reit.
Aggregate
Retourcti
$8,208,178
5,936,810
6,756,513
6,484,148
4,795,865
4,619,184
4.147,228
3,545,998
2,946.631
di
XTnd.Profitt.
lifl
848.881 .tie 00
Onlte(l9tate«oot«i
OlddemandnotM
B. F. Stevens Assistant Cashiers.
Capital.
tl.et7.700
DBBT BBAUINQ NO INTRBBST.
house of Dexter Ilorton & Co., Seattle,
Wash., of which Mr. N. H. Latimer is Manager, is another
institution which has made noteworthy progress the las'; four
Daring this period surplus and undivided profits
years.
have increaaed from $15,597 only to $260,031.
Date.
a.ii'joo
Kfl
ll.e02StOM
UabtonwhloblDtereit hai o«at«d
A
W. C. Alvord and
—The banking
M" 670
.dent.]
London, Satorday, October 29 1904.
The outrage on the British fishing fleet in the North Sea
made less impression upon the stock markets when first made
known than might reasonably have been expected. Everybody remembered that when irritation was caused in this
coimtry by the stoppage and seizures of British ships that the
Czar interfered and gave promises that no further disturbances should occur.
Therefore it was concluded that he
would promptly dieavow the act of his Admiral and offer full
reparation. The Czm's telegram to King Edward strengthened the feelirg and for the first two or three days of the
week, therefore, although there was naturally a decline in
quotations and a shrinkage in business, there was still a confident hope that the incident would be arranged satisfaotorily.
On Thursday morning, however, when it was found
that the Russian Qovernment delayed in making reparation,
alarm grew up and there was a sharp fall on ihe Stock
Exchange. Consols at one time fell fully %. So did British
railway stocks, and indeed almost all classes of securities. In
the afternoon a report became current thit the French Government had offered to mediate and in consTqaenca there
was a recovery. Yesterday morning the markets oponed somewhat stronger. But they very soon gave way and there was
a general decilne in all British securities and other securities
were somewhat weaker than at the close on Tnnrsday night.
The continued delay of the Russian Government made peoMoreover, the summaries of the report sent to
ple nervous.
the Czar by Admiral Rojdest-ensky created anexceedingly bad
impresslop. It was felt that if the Russian Government accepted tbe report and exonerated the Admiral, war was inevNever has feeling run stronger in this conn. ry than
itable.
Without dlstiootion of partv all are
it does at present.
agreed that full reparation must be made.
Upon the Continental bourses there was a somewhat more
hopeful feeling early in the week,
It
gave way, however^
:
Nov.
THE CHRONICLE.
12, L904.J
when
qaotations began to drop sharply on Thursday, and in
more particularly, grave anxiety followed upon the
cheerful optimism that had prevailed before. France has
lent Ruesia immense sums. Besides, she has staked her po-
The
2127
rates for
money have been
as follows
:
Paris,
future to a large extent upon the Russian Alliance.
Anything that would weaken Russia even more than the war
with Japan has already done would be a serious misfortune,
thtrffore, for France. Naturally, then, French investors and
French fioanciers became exceedingly anxious, and business
shrank to small proportions, In Germany the press almost
without exception condemned Russia and was outspoken in
London.
litical
,
'
the opinion that reparation ought to be made. But even in
Germany it was assumed at first that the incident would end
Since Thursday, however,
without serious consequences.
there has been a graver tone. For the moment, in short, the
strained relations between this country and Russia over,
shadow all other considerations, and they have given a material check to the improvement that hadj set in on all the
European bourses and Stock Exchanges.
Some observers are of opinion that if a satisfactory arrangement between this country and Russia is arrived at, the setback will be good for the markets. They argue that speculation was becoming too rampant and that in a very short time
it would probably have become dangerous. Therefore a warning
to the reckleES, that while the war in the Far East is going on
complications may arise at any moment, is considered to be
a useful thing. Mr, Balfour's speech at Southampton last
night was received with the greatest satisfaction, and first
prices this morning showed a decided improvement.
Money has been in exceedingly strong demand during the
week and the Bank of England has done a considerable business in both lending and discounting. The causes are to a
large extent temporary. Everybody had jumped to the conclusion until a few days ago that money would continue
plentiful and cheap and therefore rates were allowed to fall
too low and too rapidly. One of the consequences was that the
great French banks which have for a long time past been
employing very large balances in London have all through
October been reducing those balances and transferring a
considerable part of them to Berlin, where rates are very
much higher. Moreover the Berlin banks took a very large
amount of gold, not only buying up all the metal offering in
the open market but even taking some from the Bank of England. In Germany business is active, speculation is rampant, the Imperial Bank is financing the Government, and
another large bank has locked up a considerable portion of
its funds in the buying of the shares of the Hlbernia Company for the Government. Consequently the supply of
money is smaller than usual, while the demand is strong.
And it looks now as if money would continue dear in Geimany until the end of the year. In addition to this, gold is
wanted for Argentina and Egypt, and no doubt during the
next four or five months considerable amounts will go. Furthermore money is flowing out from Lon ion to the interior.
And, lastly, our bankers have the very bad practice of
calling in at the end of each month a large proportion of
their loans, with the object of inducing the public to believe
that thty always keep larger reserves than tbey actually do.
Once the new month begins the money so called in will be
lent out again,
For the moment, however, it creates a
scarcity.
The general impression now is that although
money will be more plentiful next week, yet rates will not fall
again, partly because of the demand for gold on the part of
Germany, Egypt and Argentina, and partly because it is
feared that the United States also may require to take gold
before long.
The India Council continues to sell its drafts well. It
offered for tender on Wednesday 70 lacs, and tne applications amounted to 494 lacs, at prices ringing frotn Is, 4 1 33d,
to Is. 4 8-32d. per rupee. Applicants for bills at Is. 4 M6ii,
and for telegraphic transfers at Is. 4 3-32d. were allotted
about 15 per cent of the amounts applied for.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, dfcc.,
compared with the last three years :
1M04
Oct. ae
t
circulation
Pabllc deposit!
Otber deposits
279»n,886
Government
l4.^^:^4.^70
Other HecnrlMes
269/I4.48S
ResorTe of ooies and ooln
27.0 :i.401
Coin & bullion, both depurtm'ts 30.020.^29
8,13B.6«»1
4i.O()H.17»
securities
Prop, reserve to liabilities, p
Bank
rate
c
percent.
Consols E?< per oent
Silver
ClearlDft-IIouie returns
ti»M
8
8-)4
flAlSiOi
187,081.0(0
1903.
Oct. US.
I
1003
oct 29
lUOI.
oet. so.
<
t
20.178. PSO
li,5«3 74H
2HM7.306
.S9.3HVS,H8l>
17,3»'*.i &rt
S8,-4n.758
V!4,112577
2a.»69 .(06
38.41M.770
87. p«.-3.*
41.«0/.H';h
lD."i«,7i-8
Z-.lHfl.HB^
aP.SO'l.SflS
7.743010
4fH
4
l(i.4lrt.irt<
23.0-1
'4
84.(J9<,'<lt
*0t*-19
lu.BSl
t<<4
2H,sr<i.'i\H
8B.-<f-4,MiS
irtii
88 S-ia
fSU
4
92 3-10
2Hd.
168,703.000
28^^-
198,578 000
Bank BiUi.
1
Montht. 1 Montht
S
2M®2
Sept. 30 8
7 3
Oct.
••
14 8
"
81 8
"
28 3
6-16
£«®2«
2%®3
7-16®2H
8
iH
m
Hi
8^
«*
and open market rates at the
rate of discount
chief Continental cities have been as follows
Oct. 28.
Oct. 29.
ui ~1«
Ik
IH
IH
IH
3
3
m
2«
2T<®3
2
Mot. Bankt Oall Days
4
m&3
2«
i9-ie®ll-16
8%®2«
2 7-l6@2>i
The Bank
Mot.
11-16@2M 'M®2H
i
3-ie@2M
2
Montht
6
2H@256
Joxni DU'tH't
Stoch A.t 7-14
lra<%t Biilt
3
:
Oct. 16.
Oct. 8.
Rat$$of
Inter e$t at
Bank
Bank
0l>«n
Bank
Open
Bank
Open
Bate. Market Rate. Marktt Rate. Markt
Parlfl
8
Berlin
6
Hambnre
6
S
~3~
3
6
Frankfort
imiterdam
6
3
2-><
3
SH.
S
8
Sroiselt
8K
5k
*H
8M
5«
St.Peteribarg..
Madrid
Cooentaaffen
.
nom.
tVi
7ienna
8
&
6
6
3
8
8
3k
an
6k
4k
4k
8H
4«
3k
3k
4
8
nom
4M
.
Messrs, Pixley
October
8%
SH
m.
2«
3»
5
4H
2«
8
4
4
3k
8k
3k
5
Optn
Rate. Market
noiD.
8
4
3k
6k
4k
4k
8k
nom.
8
4
Abell wrlce as follows under date of
27, 1904:
G-^ld— Odd has again been la extremely good demand for Berlin,
whlob.in addition toolearlne tbe market of all arrlval8,ha9 also taken
£S5,0O0from the Bank, as well as 8ome£600,ooo ahlpp-id direct from
New York. The eelllnif price of U. 8. «rold coin Is radaoed to-day to
76b. 8d. £327.000 has baen withdrawn darlni; the week, of which
£110,50018 for South A.merloa and £100.010 for Egvot, and a farther
sum of £151,000 In Eagles han been withdrawn to-d^yfor Berlin.
There are no arrivals at; the Bcink to report. Arrlvalc: Soarh Africa,
£209,000; Anstralla. £11,000; Went A.frioa, £13,000; total. £233,000.
Shtpmente: Bimoay, £58,000; Oaloatta, £l.'),000; total. £73,000.
Silver— The market has been quiet daring the past week, whilst spot
silver has been In poor sapply. The Indian O >vernment has been the
principal bny<>r, but antll to day has met wltn little oomootliton. The
closing qaotations are 26i5i^d. for spot and 269isd. tor forward, buying by "ehorts" for October delivery oaasing the price of cash to rise
^d. to-day. The Indian price IsR^. 6><3|« per lOO tolahs. Arrivals:
New York, £9^,000; Australia, £5,000; total, £9S.000. Shipments:
Bombay, £89,5«0; Calcutta, £ 10,000; total, £:J9,S00.
Mexloao Dollars— The quotation remains at 25''8(i< P6r oz , bat there
has been very little business.
The quotations
for bullion are reported as follows:
Gold.
Oct.
Oet.
Silver.
Oet.
Oet.
London Standard.
27.
20.
London Standard.
•*7
20.
d
d.
8.
d.
*.
d.
fine.... oz. 78
78
Bar silyer. fine... oz
Do 2 mo. delivery
gold ooln...oz. 76 7
70 7
Germ'n gold ooln.oz. *76 5Vj •76 5»4 Bar ^llver.oontain'v
•76 5 •76 8
z.
French gold coin.oz.
5 grs. gold
Japanese yen. ...oz. *76 5 •76 5
4 grs gold....oz.
oz
3 grs. gold
oz
Oake filvfir
Bar gold.
U
J6is,e 26i3,e
8.
^6»,fl
•
Mexican
Nominal.
dollars.'
26»i«
277,fl
1714
(
275, fl
27i«
2615,8
2816,.
2.57g'
271, rt
as's,*.
z. *
.^79
The following shows the imports of cereal produce into
Kingdom during the eight weeks of the new
season compared with previous s3a£ons
the United
IMFOBTS.
1904-5.
Imp'tsof wheat, owt.l6,''20 800
Barley
5,806.000
Oats
2,120,300
Peas
Beans
Indian
Flour
368.616
330,271
8,241.400
1,745,100
com
1903-4
l^.46l,l09
7,901,06l
1,971. S-7
512,379
6,931,238
8,J90.021
265,096
462,399
5,189,328
3,166,312
496,5.^?
9.434,«08
3,603, 8»8
Supplies available for consumption
on September
1904-5.
(czoluslve of stock
1,745,100
grown. 2,952,210
flour
1903-4
1902-3.
14.S07 590
home
3.16ri,3l2
3. bO 1,898
3,110,173
8,9il,617
Total
21.417,610 22,375,180
Av(>r. price wheat, week. 30b. 4d.
25b. lOd.
Average price, season. SOs. Od,
27b. 8d.
21,915,519
Sales of
The following shows the
qre.
Flour, equal to qrs.
Maize
The
qrs.
TAit week.
2,610,000
180.000
1,165,000
£
18,299,339
25s. lid.
25s. lid.
and
:
La$l teeek.
2,6(5.000
175,000
1,355,000
British imports since Jan.
1904.
24s. lid.
26s. 7d.
1901-2.
10,086,100
2,956.000
5,257,239
quantities of wheat, flour
maize afljat to the Qnited Kingdom
Wheat
3.
10,086,100
5,145,400
3,265,100
300,700
475,800
7.035.500
2,956,000
1):
Wheat imported, cwt. 16,720,300 15.461,109
Imports of
1901
1902-3.
14.807.."i90
1
1903
4.
1,515,000
275.000
1,090,000
1902-3.
1,815,000
300,000
730,000
have been as follows
1903.
:
Difference.
£
£
Per
Imports.
January
4^,998,fl63
H'ebraary
44.110,.M9
March
48.6i>2,275
46,926,515
40,560,585
4R,»16,524
Ap'll
45.181,763
44.780.098
43,802.:i27
May
-H,379,4<6
41,915.106
--2.864,992
June
43,lHfl,7H4
41,"i95,ft50
-(-1,901.234
—10-8
Ot.
—732,652
-OB
-^3,.'i49.934
-fS'?
-(-1.775,751
-I-8-8
-)-»-l
-f6-8
-f4*«
July
4(>.'.)5tt,60l
4&,6.^3.320
-4,696,719
Aagnat
September
42,4H».J>43
42,761,466
45.45i,184
—3-1.517
--0-7
43,074.008
—2.877,178
—5-2
Nine monthf.... 398,364.875
894,237,561
4,127,814
-(-10
i^H"
lOl.lwI.OOi'
Int(r«*t ailOMMI
tordievotitthn
09 tn Market Rates.
4
-f
6
:
;
THE CHROxMCLE.
2128
The exports ainoe Jan.
1
have been as follows
1904.
EXPOBTB.
January
February
£
March
April
May
June
July
AuKOflt
Septtmber
and disbursements for the month of October
From previous returns we obtain the figures for previous
£
Per 01. months, and in that manner complete the
statemont for
-3-8
—820.271
+ 1,119.377
+4-9 the ten months of the calendar years 1904 and 1903. For
-8-4 statement of Oct., 1903, see Cheoniole Nov. 7, 1903, page 1727
—856,398
+ 348.461
+ 1-6
aaCBIPTS AND DISBDBSBMHNTB (000 jmitled.)
+ 5,063 +002
+ 1,797,810
+ 80
e
—4-2
-1,091,963
c
+2-7
+ 694,996
e
1903.
receipts
Difference.
£
24,088,365
23,894,813
24,251,796
23,484.834
24,332,089
24,069,770
24,783,582
26,359,880
25,928,659
[Vol, Lxsix.
24,908,636
22,775,436
25,108,194
23,136,373
24,327,026
22,271,960
26,875,545
25,664.884
23,316,751
'
NAT.
Navy
Navy
War
Indiana
Intereat
+11-2
+2,612,908
Reoelpta
War
Indiana
ClTlland
Total
Intereat
RBOKIPTS
Clvlland
Total
Penaloni
Dlabnraed
KCCKIPTS
Castoms
Internal
Penaloni
o
Cnatoms
Total
DISBtJKSIMINTS
Nine months.... 221, 188,788
217,378,806
+1-7
+3,809,983
Tne re-exports of foreign and colonial produce since Jan. 1
show the following contrast
1904.
Rb-exports.
Janaary
February
March
April
May
June.
July
August
September
Internalrevenne
Totalreoelpti..
BK.RSDEMP.
1B03
dlaburied.
1903—
Difference.
£
revenue
mlBoellaneoni..
mlBcellaneoni..
£
Per 01.
—6-8
+ 1,267,013 +20-8
+8-9
+ 488,296
1903-
—355,718
6,067,718
6,138,328
5,458,363
6,589,064
5,943,553
5,860,852
5,665,518
5,854,912
4,981.573
+ 165,306
—352,804
—191,893
-871,804
-476,423
~20tf,577
;
+2-5
-41
1904—
FUND—
-60
-3-3
-0'8
—8-1
2,366 3,080
3,104 4,608
48,632
10,136
8,838
«0(o-ioi'iooo
48,872
7,7877,389 8,848
— OI'IOKIO
OKtcccao
004
3,8649,985
8,468 3,699
«
c
066'e
18,135 84,188
3,673
41,688
r
13,8
37,761
1,843
48,665
1,010 8,817 6,661 9,208
1,716
13,674
1,186 7,776 7,708
10,768
43,086
16,016 31,197
46,896
daily closing quotations tor securities, etc., at London
are reported by cabin as follows for the week ending Nov. 11:
LOKDOM.
Bat.
Mon,
26%
879x8
For account
87Hi6
87%
93-25
Atch. Top.
tioferred
&
Baltimore
Ohio
Ohio. Mil.
<fe
97>s
132i>8
608
891a
105 ifl
98%
132''8
132
981a
13338
47%
46 >4
45^8
47i«
24^4
St. Paul... 17614
23''8
24%
Den. <b Rio Or., com
31%
84%
Preferred
Erie, common
Ist preferred
41
74%
eSH
2d preferred
Central
146 »fl
Lful8vllle& Nashville. 136i«
18 k
Illinois
98-25
508
891a
IO414
9818
88I9
IO414
9788
97i«
97 ig
Preferred
98-27
6i«
104^
Canadian Paclfle
Chesapeake & Ohio
Chic. Great Western...
88I16
883ie
87
5**
& Santa Fe. 87%
Mexican Central
Mo. Kan. & Tex., com..
32»«
Preferred
oi
Nat.RR.of Mex.,lstpf. 41
N. Y. Cent. & Hudson.. 139
N. Y. Ontario & West-. 4SI3
Norfolk <fe Western
7514
Preferred
96
Northern Securities
Pennsylvania
Phlla. & Reading •
119
I7512
3214
84>a
84ia
40%
41
74
7458
I46I3
54
147
136%
411«
7414
64>9
1471a
1371a
138%
331a
20
38
61
42
53ifl
I8I3
321s
60
41i«
138%
74%
931s
45 1«
119
45
40%
45
41
62^9
8614
6278
35I4
geifl
96ifl
113^4
1131a
97ifl
97%
25
2578
871a
Preferred
87i«
22i«
44)«
Debenture "B"..
67%
Wabash
23
441a
45
85%
42
76
55%
149
139
98
981a
2738
89ie
2SI4
451a
66%
3318
9714
116)4
II514
28
25
178
45
41
67
37
98
8914
281a
6%
eo's
10514
98 S8
981a
lS3ia
47 14
931a
121
7138
3378
7138
38I4
45 14
41ia
64I4
36 SB
6438
3618
97 14
115
98I4
98-?
87 38
75%
121
45
41
883ie
88B,«
361a
611a
4lia
1891a
441a
76>4
961a
7118
S8ia
Preferred
U. 8. Steel Corp., com..
Preferred
10,890
3,098 3,613
1,058 7,875
18,879 13,107
41,705
11,834
Fri.
27ia
89i4
241a
47
69
69
8838
881a
98-17ia
41,764
8,060 8,861
10,987
11,430
3,887
8,584 8,887
1,1891,881
18,946
8,116
13288
241a
1771a
321a
861a
4lia
1,808 1.493
56,388
11,977
8,069
1,070 7,679
MM
10
75
o
-»
«coo
INov
1
19'Deo
Deo
Dec
16 Hollers of rec.
i
1
5 Holders of reo.
PltlBburgh Beagomerife L. K., ptel....
1 Holders of reo.
Street Uail^vayg.
American Knilways, PniU. (qnar.^
Deo 16 Deo 1
10
Cal. Gas& Elec. Corp ,8. Fran (mthly) 250. Not IB
Nov
to
Columbus (O.) By com. (qaar.)
1^ Deo 1 Holdeis of reo.
niiscellaneous.
American Express
8
Jan
3 Holders of reo.
.".'""
do
do
(extra)
1
Jan
3 Holders
Amer. Qrapho|)'ne, com (qa ) (No. 28) 1 Deo 15 Holders of reo.
of reo.
Barney <fe Hmith Car, pref. (qnar.).
2
Dec
1 Nov 19
to
Brooklyn Union Gas (quar (No. 25)
avj Dec
] Nov 13
to
Bnttenck Company (quar.)
1
Deo
1 Nov 20
to
Diamond Match (qaar.)
24lDeo 13 Nov 28
to
Fay (J. A.) & Egan, com. (qnar.)
I.
l>«'Nov 21 Nov 8
to
do
do
do
pref. (quar.)
l»4!Nov 21 Nov «
to
International Power, pref
S
Jan 16
LeUlgh Coal & Navigation (No. 114)." 3>sINov 28 Holders to
of reo.
Massachusetts Qas companies, pref..
2
Deo
1 Nov 15
to
Mexican Coal & Coke (No 'i)
$3 Deo
1 Holders of reo.
'...'.'.'.
National Biscuit, com. (qnar.)
"'
1
Jan 14 Deo 29
to
do
do
pref (qnar.)
1»4 Nov 30 Nov 16
to
National Lead, pref. (iinar )
1^4 Deo 15 Nov 28
to
North American Co. (quar.) No. 8
1»4 Deo
1 Nov 30
to
Pittsburgh Brewing, com. (quar )
Nov 21 Nov 12
to
<lo
do
pref. (quar.)
X-'i jNov
21 Nov 12
to
Railway Equip. Corp. (mthly) (No. 78) l^lNov 16
U
.
)
,
I
m
OD
eo
s
00
80,67 81,698
8,978
48,816
4,634
31,101 38,691
17,t»64
14,780
84,194
13,164
18,065
18,664
3,970
18,618
31,960 88,147
46,786
3,506
20,884 19,484
7,008
9 ^
f
—»
ccocto
13,687
1,930
l,84i
51,847
8,768 9,194
13,738
1,860
1,161 9,981 14,C86
10,488
49,852
19,886 86,188
19,801 83,686
y
44,908
46,844
6,444
o«
2,407
886
149
Ik
o
1,814
1,068 1,198
51,910
10,167
teio
18,077 14,933
68,943
8,812
105
*
1
10,247
1,348 9,407
8,966
11,890 16,786
46,963
30,814 88,800
48,991
88,406
4,490 8),U95
w
Ifr
116,872
eo
tc
rr N-
3W
cooa>
9,
38,668
Oet.
106,218 178,118
460,660
93,991
198,189 888,616
450,708
89.99:
OISC*
— i^ODOoco*3as
CKOI
CO cc O QD O CO
Note.— Total dlsbarsements nnder "Civil and Miscellaneous" In
1904 includes 854.600.000 paid on account of Panama Canal and
loan to Louisiana Purchase Exposition Company.
•M
1
'30
.--1
Tbeasury Cubrbncy Holdings.—The following compila.
based on oflacial Government statements, indicates the
70
39
45
currency holdings of the Treasury on the Ist of Auguet, Septembsr, October and November, 1904. Statement for corresponding dates in previous year will be found in Chronicli
of Nov. 28, 1903, page 2078.
TBBASUKT NET HOLDINGS.
411a
«7
37
97ia
I1514
971a
27%
dug.l, 1904 Sept 1.1904 Oct. 1, 1904 A"ov.l,1904
8714
2414
461a
Holdings in Sub-Trta$urie»~
SetKoldooln and bullion
Net silver coin and bullion
NetU. 8. Treasury notea
Net leKal-tender notea
Netnatlonal bank notea
...
Net fractional silver
...
69%
lfl7,44S,e33 199.612,291 gsa.ofs.pflc 331,060,229
33.3e3.972 88,672,415 18.894,481
9,071,^80
103,334
105,t0i
66.813
fil,113
15.00l.7«2 13,8C9,J97
4.548.596
17,606,015 18,023,087 14.061,921 12.041. 0S2
11,926,890 12,464,080 ll,4e0,897 10,685,044
Oaah In Sab-Treaaurlei
Gash In national banka
Caah In Philippine Islands
liold
19
Not 11
Nov 30
Nov 19
Nov 1
Deo
4
Nov
16
374.844,926 378.(98,46' 276.Sfl7,824 287,8rt7,298
112,643,7P6 113.841,419 ll3.S03.f03 114.568.482
7,810,937
6,458,8S0
5,824,70!
6,794,610
In banka. sab-treaa.,eto.. 394.J 04,638 899 899,765 898.491,032 387,720,286
*
1
90.22:3,048
94.417.4U1
98,C>81,tt«i-
9i,£07,488
804.081,6'^0 397,976.361 801,414,161 <fi6,862,797
160.000,000 150,000,00( 160.000,0t'( 160,000.000
reserve fund..
154 rSl 580'l47.fi75.S6< 151.414.1881146,362.787
"Ohleflv dlabiValQir offleers' balanoei."
Bank Notes— Changes
in
Total
of,
and
in Deposited
Bonds, Etc.— We give below tables which show all the
monthly changes in Bank Notes and in Bonds and Legal
Tenders on Deposit. The statement for Oct., 1903, will be
f^uvfl •» the Chronicle of Nov. 7, 1908. page
1727.
Bonds and
Nov 80
Nov 30
Legal Tenders on Deposit
1903-04.
for Bank OireulatioH.
Oireulation A/loat Under
1
30
Bonds.
1
12
21
21
Tan IB
Not 9
Nov 30
Nov
19,941
8,178
tion,
121
Deo
Deo
Not
Deo
Deo
Not
Nov
8,184
•]
77«
cooi-B-nk
76%
96
Nov
«
teo oc'^kMoi
ocn(x-«o<o
4
leto
138I4
201a
3688
65>4
421a
1391a
44ia
» "o i».Vi to V
OOOtOoo — *.
38,406
4,311
1,9S9
Boolca Closed.
(Days Inclusive.)
3
-•
ce
<r<o
Gash
6 Holders of reo.
21 Holders of rfO.
18,H61
957
Railroads ((steam).
Deo
18,667
4,180
8
Avivllable oaah balance.
1 Hi
41,888
t
OD
973
0*duet current llabllltlea.*
rhestnnt Hill (qaar )
Delaware & Bonnrt Brook (qnar")""!"
Norfolk & Western, com
Phlla. Germanto'n <fe Nornstown'fqno'
19,160 30,471
4,488
7,83e
551a
DIVlttENDS.
When
44,114
•.VjodVoooi
86,997
=
Per
10,677 69,474
•
47
a^ommcvcuxl mul W^xsccllnntonsW^txos
Cent. Pay ahle]
9,406
17,495 81,076
8,959
901
8,418
858
ft
Qp
p
9,618
936 884
41,680
9,778
34,690
2,870
44,761
as
40,687
'e>'*.
98
2
Kxas
ODOl —
«
47,010
6,473 9,698
684
8,293 8,799
Price per share.
Ifame of Company.
jdcd'Z
toeoaocoGo
S,8B7
18,824 38,710
8,901
656
8888
99I4
46,485
18,066 28,488
888
WW
8,314
"5%"
106
11,169
8,879 8,956
485
2613,8
20
lS9ia
1391a
4518
761a
931a
4314
7OI4
37O8
2d preferred*
Southern Pacific
Southern Railw., com..
Preferred
Union Pacific
25
1771*
32
86
177
31 J4
70S8
3708
Ist preferred*
Thun.
26''8
26i3ig
8713,8
871Bi6
87''8
Fr'ohrente8(lnPari8)fr. 98-20
Spanish 4s
Anaconda Mining
44,968
8,081 3,803
a O « OD ^ to
26%
Silver, per ounce
d.
Consols., new, i^a P. cts.
Wea.
7ue«.
18,088 80,794
7,038
7
narkets— Per Cable.
The
89»'91 061*18
a>
c,6ie
Nine months
52,507,204
82,649.871
-42,667 —008
Note. -The aggregate figures are offlolal. They indicate that slight
aajnstmente have been made In the monthly returns as issued.
BneltRli Plnanelml
1U04—
reoelpti
dlaburied
1903
1903.
M
5,712,000
7,405,341
6,946,649
6.754,870
5,585,686
5,658,959
6,293,714
6,378,489
4,771,986
Mltoellaneona
DI8BCR8BMBNTS
2ri
9
Oct
31..
Sept
30..
\ug. 31..
Jan 14
ruly 31..
Nov 30
June
30..
May
81..
Deo 16
Dec 1
Nov 20
Nov 20
Vpr. 30..
Mar.
31..
Feb. 29..
Government Kevenue and Expenditures.— Throujrb the
courtesy of the Secretary of the Treasury, we are enabled
to
place before our readers to-day the details of Government
JML
Legaltenders.
31..
426.544.790 32,760,919
424,701,490 34,064,693
419,683,940 35,136,473
417,577,550 35,181,7.^2
416,016,690 36,475,646
410,572,640 38,7(9,531
399,795,140 39,277,792
398,034,€60 39,3C 9,708
392,671,(550 39,971.819
390,231,600 39,199,896
389,335,680 37,889,396
Deo. 81
Nov. SO.. 384.625.9.S0 38.088. 4fl.^
Bonds.
Legalten irs.
I
Total.
9
424,530,581 32,750,919 457,281.500
422,014,715 34,064,693 486,079,408
417,390,300 35,136,473 462,616,778
415.025,156 35,181,732 450,206.888
412,759,449 36,475,616 449,235,095
407,279,(34 38.709.581 445,988,565
397,802,781 39,277,792 437,080,573
395.600.234 89,309,708 484,909,942
390.332,49 39,971,819 430,324,?10
387,657,731 39,199,896 426,857,627
387,273,623 37,889,895 425,163,018
383.018.484 3«. 088.495 421,106,979
.
Nov.
2129
THE CHRONICLE.
12, 1904.]
Breadstnffs Flgrures Broaght from Page 2162. — The
Chroniole
For full explanation of the above table see
statements below are prepared by us from figures collected
first item in Financial Situation.
ec. U, 1901, page 1282.
of bonds by the New York Produce Exchange. The receipts at
The following shows the amount of each class
and to secure public Western lake and river ports for the week ending Nov. 5
jld against national bank circulation
and since Aug. 1, for each of the last three years have been:
on October 61.
loneys in national bank depositories
V. 8.
Bondton Depo$it
Public Depotiti
Oct. 31, 1904.
in Bankt.
$100,000
9,313,750
9,931,050
1894, due 1904
per ots., funded 1907
p. OtB., 1895. due 1925
p. ot8..'98. due 1908-18
p. Ota.. 1900 due 1930.
•658Dl8t. Ool.. 1924
p. otB.,
8,048,1500
77,395,350
1,902,000
1,971.000
3,256.000
1,072,000
2,022.000
tate&Olty
>blllppine Isl'd OertifB
lawalian Island bonds
hlllppine
Bondt Held
Loan
$115,041,650
Total.
Oct. 31,
1904, to Seeure-
Bank
168.381
UUwattkee.
Dulttth
61.930
141,100
I5S,720
1,129,S66
$426,544,790 $541,586,4C0
security for deposits |122,132,650.
The following shows the amount of national bank notes
Oct. 1
ifloat and the amount of the legal-tender deposits
md Nov. 1, and their increase or decrease during the
month of October.
$456,079,408
$4,475,407
3.273,315
1,202,092
$457,281,500
1904
Legal Tender Notes—
Amount on deposit to redeem national
bank notes Oct.
1,
$34,064,693
1904
mount deposited during October
mt. of banknotes redeemed In October...
Amount on deposit
banknotes Nov.
$1,191,652
2,505,426
$32,750,919
The portion of legal tenders deposited (1) by banks becoming insolvent, (2) by banks going into voluntary liquidation,
and (8) by banks reducing or retiring their circulation,
was as follows on the first of each of the last five months.
Legal Tend'e.
July
1.
Aug.
1.
Sept. 1.
Nov.
Oct. 1.
30,059
64,086
86,700
472.811
12.000
1904.
IntheOntttd
States.
9
Held in
Ireaturv.
I
aoI<Jooln(lnc.bnl'nlnTreai.)1.868.0t7.08l 831.OeO.8i39
Gold oertlfloateg
.„v-.;vo;
6.580,209
668,677,161
Standard silver dollars
BtlTer oertlfloateB
,, „,.v:v-A
110.99^.172
Subsidiary iUver
11.613,000
Treasury notei of 1890
846,6«1,018
Dnlted States notes
_•!;;•
Onrr'cycert., Act June8,'78.
467.281.600
National bank notes
.,
,
r-Monevin
..
,
„,
Circulation.-^
^ov.l,
1»04.
9
641.7?8,0?8
490.193,750
79.44»,128
478,713.832
10,585,044
61,11^
4.648.6i 5
100.40S188
18,641.082
446,840,418
ll,6il.887
318.132.481
^P:^aJ-'
1903.
>
681.753.297
401,<l4d.2V9
78,916.73^
468,S«3.0H9
96,83»,463
16.780.176
3l0.9t>l,348
408.738,518
3,848.292,980 264.816,869 8.683.476.661 8.427.894.868
Total
topnlatlon of the United States Not. 1. 1904, estimated at 88.329,0001 olrouatlon per capita, 981 88.
•For redemption of outstandlnRoertlfloates an exact equivalent In amount
Of the appropriate kinds of money Is held in the Treasury, and Is not Included
In the account of money held as assets of the Government.
.
.
„
Qovernt This statement of money held In the treasury as assets of the
ment does not include deposits of public money In national bank deposJtariea to the credit of the Treasurer of the United States, and amoantlns to
9104 808,174 37.
8.163.489
3.607,306*
4,486,336
9.732,138.
Samawk.'Oa.
641,257
9,139,882
2,233,115
4,119,718
3,121,814
8in««
..lug. 1.
6,809,483 92,162.539 40,415,526 68,430,011 38.74t.eS0 3,031,406
6,880,755 86.104.380 58,610,599 54.396.007 86,946,856| 2,575,697
7.865.279 119.569.616 87.688.717 67.178.l06l 21,51«,H80 4.828.330
1904
1903
1903
The receipts of flour and grain at the seaboard ports
week ended Nov. 5, 1904, follow:
risuT
lieceipta
New York
Boston..
Portland, Me
Philadelphia.
Baltimore
82,000
Richmond.
Newport News
.
.
»«>tk.
818,900
1,000
8,000
41.247
88,837
89.85S
'
499,400
161,420
21,340
40,507
23,672
133,536
66,693
31,600
"
1,800
aod
12.000
36.0UO
14,000
"46.666
19,908
Galveston
Montreal
46,108
80,063
323.880
626.054
897,895
2,405,668
S90.60O
2,073.557
058,657
OBSIsVO
611,779
161,166
..
Total week
7,114
65,346
8,606
800
64,400
54,886
Orleans*..
WeeklOOs!!? .. ..:
Receipts do not Include grain passing thronsta
aorts on through bills of lading.
Total f eoeipt9 at porti
()llowB for four years:
from Jan.
New
Orleans for foreign
to Nov. 5
!
15.066
43.405
compare as
l^0*'„.
bbls. 14,533.784
1903.
18,111,773
1902.
18,479,877
1901.
10,344,281
bush. 34,642,467
87.879.547
90.864,S71
117,620 397
15 338,446
44.rtl3.1<4
8,409, 16
44,0>»<.14d
)!,394.402
4.329,691
140.8S1.107
101,113.183
64.427,659
4.690,863
3,511,U08
183,685,085
314.600,613
Receipts of Flour,....,.
•'
Corn
45,060.642
40,a4H.89l
4,848 076
"
Oats
Barley
"
*'
ttye
1
3,7ia,987
b8<,0i«0
889,7fc0,646
126.114,466
Totalgraln
The export! from the several seaboard port* for the week
ending Nov. 6, 1904, are shown in the annexed statement:
bwtk.
bbU.
Oats.
bush.
70,238
38.681
51,116
10,798
13,806
16.176
11,142
1,780
SO.IOO
11.086
U:
38,796
48.814
Flour.
busk.
ku«*
3.093
288,058
8.093
10,746
862.: 61
8.000
ralladalphla.
""66o
laitlmora
800
ialTMton
Aontraal
Pfi> BarUy
But,
busk.
11,418
Oern,
Mxpsrts trtm- busk.
869.770
WMk..
173,531
877,770
40
26,708
'48,803
140.777
80.340
41,543
8.671
8S.6S1
Same tlma '08.1,769,889 1.786,357 395.761
Ibo destination of these exports for the week and since
July 1, 1904, ii as below:
Oorn.-«
—
Whsat.
fi9Ur.
Bints J«l«
Wssk
W»$)<
Mm99rtif$r
- - aincsJulv Nov. 6, BimtJulv Nov. 6. 1, 1004.
I, 1004
1,1004.
w««k «n4 i4n<« Nov. 5,
bush.
Dutlt.
<
.
,
-
July
to—
1
Jnttad Kingdoa
^
Jintinant
* 0. Amariaa.
7iit Indici...^
bOl>
76.339
18.002
11.648
18,7«3
Bi.M.Am.Colo'i
1,80/
1V,284
Ukar aoutrlai
IFOtal
rotalX00»-08....
The
140.777
806.761
butti.
277,170
bblt.
1,161,010
533,254
228.836
S71,8&2
86,908
128,320
bufh.
4,637.881
586,311
8,860
84.599
6»,713
5.916
13,190
6,486,780
4,703.796
78.4tf0
28,478
356,147
73,806
80,868
5,106,011
8l,6b0,8T0
173,831 10.661.530
6,778,563
1,726,367
116
277.770
2,424.610
5,173,692 1,768,820
visible supply of grain, comprising the stocks in
tanary at the principal points of accumulation at lake and
iMboard porta, Nov. 5, 1904, was as follows:
BtrUt
*••
oats.
Osrn.
fVAsat,
bus*.
bwih,
hush
kmk
laitersat—
bMSk.
New Tork
Do afloat... ~>
Boston.
Pkliadalphla
Baltimore.
763.000
..
.*««
^
8j9.imj0
869.000
105 000
82.000
14.000
^.
04,000
10,000
187,000
486,000
038,00*6
io'i.666
1.218,000
0,000
1,060
41,000
355 066
36,000
39,000
817.006
6,264,000
oi'o.obo
18.000
"iijooo
'740,666
"20V666
479,666
afloat..
afloat
663,000
Detroit
afloat
1,991,000
laieaco
afloat
r.-kWA
KUwankaa
00
afloat
1,000
103,000
441,000
"
i,836,6(>6
8,886!6o6
104.000
1.645,000
6,039,000
8,847,000
6,761,000
l,13u,000
168,000
8,000
1,104.000
38,000
tfloat
lUnnaapoiis
afloat
SaniasOity..
Peoria
«..
[a«lana»ollf
in Miisisiiapi BlTcr '
laLakas
laeanalandrlTar
01,000
183.000
8 241,000
1.485 OOO
4,617.000
Dalath
Do
1.000
84,000
...
«.,
roionto
lafalo
Do
114.000
832 00 J
itOBtraal
Do
56.000
168.000
600,000
116 000
laivaston
Do
1.457,000
l,3»O0O0
New unaant..
DO
107,000
l,088.ooo
n.Lonls
26 Title Insurance Oo
800 Beaver Process Lastlnv
260
5 NasBaa Trast Co
$10 ea..$231ot
Co
140 Jouroeay <k Barnbatn... 37
90 Forest Lake Cemetery
Bonds.
of Prince George Co,. $26 lot
30
$5,000 Nat. Hotel & Cafe Co.
8 The L. Martin Oo
$1,000
lOyr. 6s. 1914, J&D
20 Borden's CondensedMllk
Ill
$24,000 Horatio Adams 6i,
'.'o., pref
1911, MAN, Nov., 1904,
26 Nat. Bank of OomnQerce.2Sl>«
60
coupons on
10 Amer. Exoh. Nat. Bank. 280
$10,000 Del. A Northampton
40 Importers' & Traders'
BB. Co. lst6B, 1953. ...$100 lot
National Bunk.. ,668^-590
jmriit
92,460
30,931
697
42,296
30,890
2,500
11,148
12,390
rort WUIiam
Port Artkar
167i«
b«<tfe.
.
.
.
.
Oats,
kIMA
osrn,
<V4««I,
kkii
159,720
46,130
at—
Anctlon Sales.— Among other securities the following not
regularly dealt in at the Board, were recently sold at auction:
By Messrs. Adrian H. Mnller & Son
Stocks.
for
the
moat useful vest pocket "Perpetual Calendar" has
been iaeued by A. N. Chandler & Co. of Philadelphia. By
means of the same it is possible to find any day of any
mouth of any year from 1778 to 1955, inclusive.
stocks.
87,888
7,800
dame wk. '03.
Do
:
82,800
99,600
Toledo
—A
256.00(
3,072,98^
Total
^Stockot Moneii Nov.l.-^
4,000
11.000
118,700
xewv'rtNawi
4airOrlMns
The statement for Oct. 1, 1904, will J>e
on the dates given.
found in the Chronicle of Oct. 15, 1904, page 1631.
222,760
T,696.865
Red'c'gund.*
aotof 1874. 24,227,395 22,365,056 22,785,661 21,726,916 20,665,408
Stock op Money in Country.—The following table
shows the general stock of money in the country, as well as
the holdings bv the Treasury, and the amount in circulation
36.461
160 064
S85.800
soiton
•Aot of June 20. 1874, and July 12. 1882.
120,800
405,111 ~6.765.665
6,630,792
560,488
itew York
fort land,
36,475,646 35.181.732 35,136.478 84,064,693 32.780,919
688,800
Tot. wk. 1904
86,688
171,133
211,923
238,953
Inaolv'ntbks.
254,755
Llquld'g bks. 11,998,496 12,677,723 12,138,889 12,166,644 11,998,828
Total
431.000
480.058
435,880
Eanias Cltr-
Wht0.t,
1.
$
$
Depoiittby—
16,065
Cleveland .
St. Louis...
Peoria
Wheat
redeem national
1904
.^^^
to
1,
1,313,774
7.000
Detroit
110.600
lb«
43,200
46.600
84.644
83,440
1.800
712,817
40.350
68.000
38.982
53,678
244,005
479,000
40.000
21,878
Bv*.
Bu.56
Ibi
1.151.660
298.957
8,874,070
UtnneapoUs
Toledo
New
KaHonal Bank Ifotet—Totalafloai-
1,
Barlty
Oatt.
604,300
88,960
741,868
$100,000
15,201,250
11,722,650
9,971,410
494,368.103
1.902.000
1,971,003
3,256,000
1,072,000
2,022,000
$5,857,500
1.791,600
1,922,940
416,972,760
CUoago
\a
Nov.
Corn.
WTktat.
riour.
total Held.
Circulation.
imount afloat Oct. 1, 1904
Amount issued during October
Amount retired during October
at—
BbU.100lb( mMh.90lb, Bu«h.56ibs Sttsh.32 lb: BuiKiS
The foregoing does not include the bonds held in the
^ew York Sub-Treasury against deposits in banks. There
the
vere so held on Oct. 31 $7,081,000 bonds, making
vhole amount at that date in possession of the Government
mount bank notes afloat
Receipt*
..
.
1,081,000
1.000
971,000
680". 000
1,00U
30,606
3.000
14,000
48.000
121,000
798,000
807,000
1.557,000
1.77H.OOO
1.077.000
6,149,000
8.897.000
4,9S9,00>
8.5*0.000
8,089.000
108.000
Total Nov. 6. 1904.. 28.<lH*.000
Total cot. 89. 1904 .aM.^wS.WO
Total Nov. 7. 1908... 85.165.000
Total Nov. 8, 1908.. .M6.0MH.000
Total Nov. 9. 1901...4V.»69,000
i.iiia.ooo
8.1811,000
8
.
o
5
1
3
5
THE CHRONICLE,
8130
New ¥ork City Clearing: House Hanks.— Statement of
condition for the week ending Nov. 5, 1904, based on averago of daily results.
We omit two ciphers (00) in all canes.
BANKS.
Capital.
IxirpUts
Loans.
Legals.
Specie.
f
Deposit!, Jie-
[Vol. Lxjtix,
>ew
\or<i Cl»y, Bo:*ton aii<l Pliiladelpliia Bani<8.— Below
a summary of the weekly returns of the Clearing House
Banks of New York City, Bo.ston and Philadelphia. The New
York tigures do not include results for non-member banks.
is
We omit two ciphers (UO)
Capital &
BANKS Surplus.
Loans.
Specie.
m
all these figures.
he.
Circu-
posils.i
Legals.
lation.
CUaring$.
I've.
>. Y.
P.O.
.s
N. Y
Mauliut. Co
Bk.
or
Meri'liants'
Mecli.aiiics'.
:!.
Anicnca
1,5011,0
PhOLlllX
City
...
000.0
l,t)(J(),U
Drov
25,000,0
300,0
000,0
1,000,0
300,0
Mecli.<V;Tra.
70l-,0
Grec'uwieli.
500,0
5,000,0
25,000,0
3,000,0
Cliiiiucal
..
Merch. Ex
.
Gallatin
But.
&
Amar. Kxcli.
Commerce..
Mercantile
Pacilic
Clialliam
4'J2,7
...
...
People's
N. America
Hanover ...
Irving
4,"i0,0
200,0
2,000,0
3,0(10,0
1,000,0
Citizens'
..
'2,550,0
Nassau
Mar.& Fult.
500,0
1,000,0
1,000,0
2,000,0
750,0
1,500,0
3,000,0
250,0
3,000,0
300,0
10,000,0
1,000,0
250,0
200,0
750,0
1,000,0
100,0
200,0
200,0
300,0
1,000,0
250,0
1,000,0
Sboe<&Lthr
Corn Kxch
Oriental
.
...
Imp. & Trad
Park
East River
ITourth
Second
First
N.Y.Nt.Ex.
Bowery
N. Y. Co
...
...
German Am
Cliase
Filth Ave..
German Ex.
Gerinama
..
Lincoln
Garfield
Fifth
Blf.
otMet..
West
Side..
'200,0
Seaboard ..
l8tX.Eklj-u
Liberty
N. Y. Pr. Ex
New Amst.
Astor
500,0
300,0
Total
...
1,000,0
1,000,0
500,0
350,0
2,415,5
19.810.0
•.',«. 069.0
1.3ti4,7
15,407:1
•2,52.:,
24,083.0
4,r,07,9
'25, 95,7
•.'50,.'
3.317,0
701,0
05 7, '2 189.151,8 37,992,8
17,
7,6',ll,0
25,590,3
7,334,8
35«,7
6,250,7
1,190,8
2,'2(52,7
9,322,9
1,339,5
1-23,0
2,220,9
633,1
357,7
4,814,0
693,0
63'J,t5
527.3
2,696,0
4,271,8 30,li;4,9
4,409,2
11,873,1 166,622,0 27,841,2
4,361.23,310,3
4,285,5
625,0
3,227,6
470,7
1.087,0
6,303,2
660,2
40S,<.t
2,171,4
367,6
2,03j,2 17,249,8:
2,216.4
6,645.1 53.610,1
13,616,0
1,062,1
6,1124,0
1,151,0
615,8 17,456,2
4,221,7
321,4
2,062,6
318,4
1,2!'7,3
6.687,1
1,201,7
7,610,4
1,821,4
3,318,6 27,685.0
4,115,0
l,0.-)8,3
7.596,6
], 398.6
6,605,2 24.983,0
4,155,0
7,064,2 71,940,0 17,667,0
133,0
1,145,0
247,5
2,943,3 21,893,8
4,603.4
1,426,6
9.427,0
1,113.0
13,y3-2,7 107,552,6 25,414,1
869,1
7,851,5
1,330,3
773,4
3,145,0
420,0
667,9
4,130,5
920,2
517,3
4,215,2
828,3
4,034/2 49,319,0 13,730,7
1,785,4
9.634,5
2,622,1
68'2,7
2,671,8
205,0
87S,3
2,730,1
430,4
14,716,9
1,500,4
1,284,1
7,718,0
1,706,9
379,2
2,666,9
427,7
1,456,3
8,472,7
2,025,6
528.9
3,456,0
699,0
1,409,6 16,358,0
3,009,0
601,1
3,926,0
664,0
1,932,4 11,271,5
2,488,3
518,3
5,423,9
980,2
5.54,7
892,4
6,049,1
572,5
4,473,0
860,0
:-:,'28i,.-
3,5.">(),4
115,97-2,7 134,643,5
1,072,0
19.511,0 25-2
'2,253.0
1,3'20,5
2,954,0
6,771.0
3,629,6
6,984,0
33.63,8.0 2C-8
19,4112,6 25-4
2i;.'>71,0 28-5
28,40'2,8 24-0
3,000,0 32-1
1,6'-
2,0
2,32(».2
1
262.0
5-5,4
31,9
500,0
525,8
1,707,7
11,887,1
1,242,1
486,5
888,2
320,1
1,911.3
4,060,4
291.1
1.292,4
35
755.5
360,5
4,129.0
387,
1,302,0
5,617,0
194,8
2,204,1
1,515,0
2,369,8
469,7
383,0
460,0
215,8
1,876,7
253,3
628,1
731,7
2,063,3
307,6
167,3
356,6
334,0
1,566,0
1,013.0
249,0
353,5
509,5
243,0
7,4-.'3,S
251
2,323,8 '28-6
5,173,0 23-0
'2.730.6 38-5
23,370,8 •-'61
157,736.3 251
•20,753,1 26-6
4,062,2 '23-6
6.298,6 -24-5
2,545,0 27-0
16,548,0 24-9
66,589,9 26-5
6,286.0 22-9
21.405,0 25-7
3,256,3 20-7
6,809,0 28-7
9,023,4 24-1
33.461,0 24-6
7,676,1 23-5
22,347,0 24-4
84,772,0 27-4
1,386,0 31-9
29,542,4 26-4
10,213.0 25-7
107,236,0 25 9
7,18S.1 25-0
3,609,0 22-2
5,37.5,8 25-6
4,282,7 4-3
59,781,3 260
10,75-s,7 26-7
3,330,0 250
5.411,7 21-4
16,917,8 22-3
7,913,6 25-4
2,496,0 238
9,886,4 240
4,0)8,0 25-7
18,163,0 25-1
4.54^,0 36-8
10.062,2 '2.-1-2
5,775,-. 230
6,844,11 20-4
4,391,0 25-1
11398795 231,299,8 77,850,7 11961524 25-8
—
Capi-
Bur-
tal.
plus.
Deposit with
Loans d. Specie. Leg. T.
Jn vest&Bank Clear'y Other
ments.
Notes.
Maii,&Br'nx
•$
$
100,0
243,1
Columbia .. 300,0 291,8
14tli Street.
100,0
116,7
Gau.sevoort.
200,0
81,9
Hamilton .. 200,0 123,3
Mt. Morris
250,0
118,9
Mutual .... 200.0 193,0
19tU Waril
195,8
200,0
Plaza
100,0
245,0
Biverside ..
106,6
100,0
State
682,li
100,0
12th Ward
114,3
200,0
23d Ward ..
105,4
100,0
-.^85,3
YorkviUo ..
100.0
Fidelity
l-.'2,5
200,0
Jetterscm ..
304,0
400.0
63.:-l
Century ...
100,0
Wash. Hi>t.s 100,0 135.2
130,-United .N'ai 1.000.0
Consol. N.it. l,000,(,l 1,129,9
Union Kxch 7500 517,4
Chelsea t-x.
61,1
100,0
Morotu/h ui
.
.
2.442,4
5.196.0
1,9.3.8,6
2,041,5
3.145,4
2.259,4
.i,7»1.8
1,932,9
3,006,0
1,23-2,
7,82,s,o
1.687,0
1,377,7
1,915,4
831,4
2,3
$
60,0
280,0
93.6
lo.l
*
210,5
173,0
93,9
137.6
16.l,-.i
119.]
120,3
20,3
33,7
l08,0
101,7
29 7,8
532.0
33,0
54,5
35,6
151,0
146.0
103,7
266,0
198,0
161,0
300,0
12,4
4.S,5
9,>
9,,
32.1
14,2
11',
721.0
699.0
2<i,6
2.139.8
3,6/0.5
4,677,1
403,7
228,9
1
2,0
401.
21,8
67,5
4o,8
136,4
209,:.
19,1
19,4
North
Side.
Peoples
17th Ward
337,0
14,0
107.9
307.5
217,3
211,6
59,0
66,8
545.0
94.0
336.0
.
SpraaueNat
Union
Wallabout
BorouRh ...
.
48,3
26,1
150,0
300,0
252,0
500,0
100,0
300,0
300,0
100,0
100,0
100,0
200,0
200,0
100,0
200,0
162,2
184,7
89.6
233,8
116,0
84,4
91,8
2.355,0
1,5>5,3
3.206,1
7,360,0
1,168,8
5,523,0
3,317,0
1,323,4
1,518,6
6V5,9
1,300,0
1,186,3
806,1
1,744,8
100,0
.
..
Mtrs.'Nat..
Mechanics'
Merchants'.
Nassau Xal
Nat. City ..
110,8
804,2
47,9
400,0 1,057,6
3,866,3
182,6
250,0
250,0
200,0
651,8
2,276,7
1,261,6
1,422.2
67.4
68,9
110,0
126.0
6.39.8
2,420.3
1,188,6
1(>1,3
581.6
407,2
63,3
741,5
68'.i,9
11,5
200.0
135,0
1,,7
54,4
12,0
3 4'_,0
$
380,1
355,0
249,2
123,6
156.8
231,1
78,2
S
354,2
3.5
10.0
65,1
308,3
65,5
55.6
345,9
160,1
349,0
100,5
168,6
280,0 1,306,0
279,0
175,7
285,3
261,5
234,0
83,5
235,5
5,6
44.4
97,8
108.0
114,4
662,5
25,0
951,8
35,5
23,8
218,0
431,3
627.9
l,-.;9.»,t.
306.9
953,0
484,0
Imports and Exports for the Week.—The following are
New York for the week ending for dry grxtds
Nov. 3 and for the week ending for general merchandise
the imports at
Nov. 4
!f.
3,103,6
6,399,0
also totals since beginning first
FOKEIGN
J^or week.
1904.
Dry Goods
General Merchandise
122.4
61,2
90,7
:>3,o
1903.
.$2,405,500
1902.
425,0
2.448,9
2,025,1
3 906,4
9 345,4
1.488.8
5,970,0
Since Jan.
$2,337,427
12,348,162
8.-:89,882
10.027.364
$10,388,771
$10,627,309
$12,155,331
$102,236,725 $111,804,705 $106,187,177
404,880,258 391,243.520 371.528.201
$90,897,183
382,539,644
108,3
106,3
71,3
Total 44 weeks
$507,116,983 .$503,048.31; $477,715,378 $473,43«,827
The imports of dry goods
for one week later will be found
dry goods trade.
a statement of the exports (exclusive of
in oui- report of the
The following is
from the port of New York to foreign ports
week ending Nov. 7, and from January 1 to date.
EXPORTS FROM NEW YORK FOR THE WEEK.
specie)
227,6
for the
1904.
For the week
Previously reported..
1903.
190-2.
1901.
$10,799,004
409.216,486
$11,361,909
$7,613,201
405.055,593
$10,136,-198
420.t;48.495
430,783.220
Total 44 weeks
$420,015,490 $432,010,404 $413,268,794 •$440,919,918
NOTK.— As the figures of exports as reported by the New York Custom
House from week to week frequently show divergence from the monthly
totals, also compiled by the Custom House, we shall from tune to time adjust
the totals by adding to or deducting from the amount "previously reported"
The following table shows the exports and imports of
specie at the port of New York for the week ending Nov. 5
and since Jan. 1, 1904, and for the corresponding periods in
1903 and 1902.
EXPORTS AND IMPORTS OF SPECIE AT
Gol<U
NEW YORK
IMPORTS.
Since Jan.
Weelc.
Week.
1
Since Jan.
1,
667.979
47.878,728
$5,632
31
7,237,131
1,616.395
4,149,915
3.042
158,450
1.717
21.331
21.126
$2,052,978
2,710.978
1.633,993
812.822
97.168
970.960
133,312
$5,330,878 $82,563,190
26,225
32,981,443
219,514 26,453,930
$208,287
323.673
217,997
$8,412,201
4.534,209
5,341,779
.•rSl.
$5,3'20,548
6,330
4,000
Mexico
South America
Ail other countries.
Total 1904
Total 1903
Total 1902
Silver.
Great Britain
$276,490 $29,365,352
$535
1,596,369
France
9.186
10,511
Geruiaiiy
West Indies
2.5,800
""475
206.693
48.600
1,399.825
11.381
10,381
15,962
f32,654,020
26,793,048
29.147.314
$26,693
32,371
78.254
Mexico
South America
All other countries..
Total 19U4.
Total 1903.
Total 1902.
$276,965
7(i'2,170
780.084
$360
156.730
4 62, '20-2
232,518
47.173
.$9 18. ,--54
1,428,956
1,076.446
Of the above imports for the week in 1904, $7,983 were
American gold coin and $350 American silver coin. Of the
exports during the same time, Sl0,33u were American gold
com and §
were American silver coin.
Auction Sales.
864,2
1,861,9
10,0
*2,127,!I67
1.
Dry Goods
General Merchandise
748. -J
1.445,0
1,641,9
41,3
119,0
1901.
$2,062,050
8,326.7^1
$14,753,662
TotaL
—See page preceding.
4,O06.'i
l,3-';s5
1.851,,^
Spencer Trask
Monthly Descriptive
List
&
of
Co.
Hicrh-Grude
INVESTMENT BONDS?
Moroiif/k oj
Richmond.
l8tXat.,8.I
879,6
jEusKYCrry
First .Nat...
Hud.soii (,'0
National
week January.
IilP0RT.S.
2.24'',
2,214,4
3,664,1
2.903,0
2,938,6
2,319.7
3,359,0
1,418,8
9,640,0
2,226,0
1,935,5
2,448,8
834,8
2,245,7
797,0
579,5
1.260,0
2 532,4
5,154.2
482, (i
86.4
27.8
;
Germany
West Indies
15'2,7
•J5.0
4 3,2
171,720,4
;
Great Britain
France
243.0
98,0
181,6
b9
35,0
148,0
7.420.0
69,732,0
70.261,0
69,581,0
Deposits
Agent Jiks.&c
34.2
159,4
82,0
242,0
7;>,1
141.4
60,8
6,798,0 230,402,0
259.381,0 11,608.0 137,187,0
260,419.0 11,6*'8,0 12o.U61,3
Nov 5
261.395,0 11.740,0 133.440.0
Including tor Boston and Philatlelphia the item ••due toother banks't
and also Government deposits. For Boston these Government deiMwi'ta
amounted on Nov. 5 to $3,750,000 on Oct. 29 to $3,761,000.
Net
BiookLi/a.
Broadway
Brooklyn
17,426,0
48,107,1 210,247,0
48,167,1 211,769,0
48,167,1 214.214.0
Exports.
N. Y. CITY.
Boroughs 01
Colonial
52,635,4 188,050,0
Oct 22
Oct 29
Rei)orts of Non-3Iember Banks. The following is the
statement of condition of the non-member banks for the
week ending Nov. 5, 1904, based on average of daily results.
We omit tvjo ciphers (DO) m aU cases.
B.\NKS.
5
I'hila.
27,242,1 33-5
6,870 4 25-4
1,800,4
555,9
Total United States deposits included, $23,379,500.
OOs omitted
Nov
S.H;iG,7 186.74'.i,2 25-0
t
t
Oct 1 •250.616.2 n.'?401.34 237.74.'i,0 76.522,3 11932377 42,288,0 1,515.867.6
Oct 22 250,616,2 11379304 240.215.5 77,587,6 1997967142. '.'90.8 1.^83,097.1
Oct 29 2;,0.616,2 11422866 -.^38.360,2 79.54'.',0 12044342 43.24,8,9 l.O.i),
550,0
Nov 6 250,616,2 U398795 231,299,8 77,b5o,7 11961524 42,585,5 1,938,740.3
Bom.
Oct 22 52,635,4 180.789,0 18,383,0 6,694,0 225,789.0 7.418.0 145,139.2
Oct 29 5'2,635,4 183,907,0 17,889,0 5,921,0 224,262,0 7.390.0 135.682,3
1
2,1)00,0
2,or)0.o
2,Ul)U,0
.
Second JS'al.
Third Nat..
261,1
292.3
291,2 1,930,8 1,495,0
150,4
68,5
26 1,3
783,6
26,,H
43,8
00,9
18.3
68,9
204.6
69,0
19.9
28,2
210.1 1,250,4
52.7
68,6
4,9
6,399,7
1,883.4
1 208.7
2.095,1
Transact a j^eneral bankina: business and execute
stock and bond or, ers upon the
New York Stock Exchange.
Branch Office, Albany, N.Y.
Moffat
HOBOKEN.
First Nat...
Second Nat.
155,0
William and Pine
3,560,0
1.144,3
Al
&
embers New York
St?.,
Whit
New York,
e~^
IStock Kxcliance,
1 NASSAU STREET. CORNER WALL,
]DcalcrM in Investment Securities.
Tot. Nov 5 102370 122796 1005353 4.475.8 >. 680,7 141881 7.863.0 1 156940
Tot. Oct 29 102370 12',^796 1001684 4,581.4 5,891,2 131068 8.015,0 1142370
Tou Got 22 102370 122796 99,765,2 4,651.2 5,984,0 146475 7.954,6 1157073
TeL
58!)0*o821 Cortlandt.
Teleptione Siiocka a Hpeeialty.
1
.
Nov.
2131
THE CHRONICLE.
12, 1904.1
|3awlijer$^
For Ditidendi tet page
Oia^jette.
>tate and Railroad Bonds. -Sales of State bonds at the
Board are limited to $30,000 Virginia 6s deferred trust receipts at 7K to 8.
Businet-s in the railway
sisS.
WAL.L. STaEET, FHIDAY, NOV, 11, 1904.-5 P.M.
While it
The Mon-y Market and Financial Situation.- would be
was generally believed that President Roosevelt States, his
liberally supported in the so-called
Republican
prepared for the
most enthusiastic champions were hardly
Tuesday's election. The estimated result had been
result of
returns gave an
discounted in Wall Street, but the election
Exchange on
unusual impetus to business at the Stock
Wednesd -y the effect of which was an enormously increased
volume of business, and a large portion of the shares list adobtained.
vanced In the bond department similar results
Thursday's market was less active, but prices were generally
have again
well maintained, and to-day the transactions
in some
been on a very large scale, with a notable advance
Other than the efection, no new features have maoases.
terially affected the markets.
Added to other evidences of a large traffic
bond department has been greatly
movement of the American
Consolidated Tobacco Company issues. These bonds have advanced from about 2
to over 6 points and a few railway issues are from 1
to 2 points higher than last week.
United Stages Bonds.— Sales of Government bonds at
the Board include $6,000 4s, coup., 1907, at 1(^63.:^ to 106%
$500 3s, reg., 1908-18 at 104)^, and $1,000 2s, coup., 1930, at
10i}4. The following are the daily closing quotations; for
yearly range see thtra page following:
increased by a very heavy
Tobacco Company and the
«
;
Nov.
Nov.
y
Nov.
10
Nov.
11
InUr*8t
Ptriods
ts,19S0
reKlstered
coupon
la, 1980
Is, 1930,8m».l.reKlstered
oonpon
small
Is, 1980,
registered
ts, 1918
coupon
Is, 1918
Nov.
g— Jan
Q— Jan
•104<^ '104%
104 >a
'104"% 104>il*104'a
*104«8 104'a|*104ia
Q—Heb
*104'i> *104V>
*104i2 '104V*104><j
6
Nov.
?
'104<>s
a
*104'8 '104i2*l04»8
in
Q— Feb *104»« *104V|
ts,1918, small-regtstered Q— Feb
*104>« •10414 *ie4>«
*lb4><
West and Middle West there is now reported to be a Is, 1918, small coupon Q— Feb
the
*1<'6'« 106>* *106»4
-rtant sys
»* •106V.
4s, 1907.... .-.registered Q— Jan '106
rather serious shortage of cars on some imp
'lOei* '106)4 *106)*
coupon Q— Jan 106% *106>«
European financial centres are less sensitive than 48, 1907
*180<9 180)2 *180)a
terns
registered Q— Feb ISO's *180S
48, 1926
*180>4 •180»a*180)a
*180Ja *130»a
been, and the Continental demand for is, 1926
......coupon Q— Feb
they have recently
decreased. The transactions
gold in the London market has
•Tliiais tbe pnoe bid at tbe momlnc board; no sai« was made
Exchange have
in American securities on the London Stock
of an
Railroad and Miscellaneous stocks. -The stock market
increased, but how much of this additional business is
noted above.
investment character is a matter of conjecture. Gold ex- has been decidedly active and strong, as
week are limited to $4,000,000 shipped to Cuba to Wednesday's total transactions were the largest since May,
ports this
The tendency of prices
apply on the recent bond purchase. The local money mar- 1901, and have rarely been exceeded.
when heavy profit-taking sales
ket shows a slightly hardening tendency; the demand is not was upward until Thursday,
portion of the stock
urgent and business, especially for time loans, is limited. checked the advance, and a considerable
ToThe open market rates for call loans on the Stock Exchange traded in closed fractionally lower than on Wednesday.prices
buoyant, with
the week on stock and bond collaterals have ranged day's market was again more active and
during
Illinois
from 3 to 3 p. c. To day's rates on call were 214 to ^H P- c. in many cases the highe.'^t of the week and year.
points and
Prime commercial paper quoted at d%(cti p. c. for endorse- Central was a strong feature, advancing over 5
holding nearly all the gain.
ments and 4(241^ p. c. for best single names.
There have been few exceptions to the general trend of
The Back of England weekly statement on Thursday
movement.
showed a decrease in bullion of £655,834 and the percent- the market aside from the leaders in the upward
Lackawanna being co spicuous
of reserve to liabilities was 62'36, against 53-12 last week, These were the coal stocks
age
West., Union Pacific,
the discount rate remaining unchanged at 3 per cent. The for an advance of 19 points— North
Bank of France shows an increase of 21,125,000 francs in Southern Pacific, Rock Island, and a few industrial issues.
United States Steel has been by far the most active stock.
gold and 3,50[),000 francs in silver.
The common advanced 3% points above last week's closing
HBW roKK OITT OLBARINO-HOUSBI BANK8.
price 241^— which was the then highest of the year, and the
J 90S
W03
i»o4
preferred made only a little less remarkable record. Tennesfrom
Nov. 8
Nov 7
Nov. 6
pr*niou$ i»»*k
see Coal, Iron & Railway advanced over 11 points and American Steel Foundries preferred was bid up 11 points. American
8
116 672,700 100 672,700 Tobacco new preferred advanced 8 points.
116,972,700
Okpiua
129,874.300 117,687,900
134,843.600
Borplns
For daily v lume of busi^ e«s see page 2Uo900,096,500 876,«8l),600
IiOMia A dlsoonnts 1,139,879,600 Deo 2,407,100
The following: sales have occurred this week of shares not
43,8')i,800
46.877,200
Deo
663,400
42,C85.600
OlTonlation
868,044 700 886.d82 200 represented in our detailed list on the pages which follow.
•1,19(5,162 400 Dec 8,281,8 »0
Met deposits ...
159,486 9)0 172,204,4')0
231,2^9,81)0 Deo 7,060,400
Bpeoie
62,869.600
67 118.001)
77,!!60,7i»O Deo 1,691,300
Legal temders..
STOCKS
Bang* Hnee Jan. 1.
Bmngt lor WMk
for
322,405,400 239,322 900
Wttit Xndiny Nov. 11
309,160,600 Deo 8,761,7t(',
Bcserreheld...
Vetk
It p. 0. ol deposits 299,038,100 Dee 2,070,480 217,011.176 221,470,550
6 Mai 16 Feb
1,500 13 Nov 6 14)sNoT 9
A.Ul8-Chalmer8 Co
39>iiMar 6 4 T.Feb
200 65 Nov 5 P6 Not 6
Preferred
6,394,226
17.862,350
10,112,400 Der 6,68l,2S0
>iiTf iTig reserve
19 Sep 25 Not
7o0 23)i2Nov 9 2iS Not ^
Amer Beet Sugar
200 76 Nov 7 HO NovlO 74 Sep 8i) Not
•$28 879 61)0 anttea dlatee leposlte moiaded, agklitsl $23,361,300 last
Preferred
the oorre-spondlng week of 1903.
8i'0 93
Not 7 94 Nov 7 82 Jan 94 Nov
WMk and 'j37 182,200eliminate.!, tueaurplnsreservewoald be With these Amer Teleg & Cable
SOI* Feb 14H Nov
$16,967,276
8
78f 144 Nov 7 148 NoTl
United States l«poiiit
Amer Tobac Co (old) pf
eo Oct 92 iflApr
on Nov. 6 and $22,633,976 on Oct. 29.
Assoc Merchants. Ist prf 1"' 92)iNov 7 92HiNoT 1
6»4 0ct
5 Got
banksappear on thepreoedlnK pace.
6SNov 7
61, Not
Koni.—Betarnsot separate
Canadian Paoitlo Dghts 12.379
60 J'ly 75 Not
1"0 76 Nov 9 7ft Nov 9
Cleve Loratn * Wheel...
1-65 Nov 9 1-25 Mar 1-76 Got
market was steady to strong and Horn Silver Mining
200 1-65 Nov
Foreign F'xchansre. The
13i«Got
8 Sep
100 11 NovlO U Novlii
inactive until Thursday, when there was an advance in rates Knlck Ice (Chicago)
48>«'T»i
88 Get
64), Not 9 H4'«NoT 9
lOi
Prelerreii.
23 >ijOot
14 Sep
all around; gold exports to Cuba, $4,000,000.
18 Nov 7 2<S:NoT 9
Nat Bnam & "Stamping..
46'«Not
\n 46i*Not11 45'«Novll 40 Api 158'«Got
To-day's (Friday's) nominal rates for sterling exchange N Y Dock Co, preT
Pe'
61' 167'uNoviO i57>2Not10 140
84i^ for sixty
To- N Y * N J Telephone ...
day and 4 87 for sight.
were 4
30 l83»4Nov 6 184 Nov V i79)sJ'ly 84 VjOct
P'ttsb Ft Wayne <fo Chic
4>«Feb
Si^Nov
S'-jNovll
3 >«Nov
day's (Friday's) actual rates for sterling exchange were Quicksilver Mining, pre! 200
111 Cent'l
4 8380(34 8390 for long, 4 8665@4 8670 for short and 4 8705@ BB Securities
86 Feb 98 May
360 8n)»NoT 7 PO Nov 7
certifioates
stock trust
ia23*Nov 5 13234 Nov 6 IM Jan 183 J'ly
4 8715 for cables. Commercial on banks, 4 8365@4 8375, and Rome Water & Ogdensb.
300 106 Not 10 1. 6>i2NoT 6 96 Feb 112i«J'ne
Co
documents for payment, 4 8234@4 84%. Cotton for payment, Dinted HTuit & Coke
'SHiSep 8i Nov
2,330 28 Nov 7 31 NotU
Va Iron Coal
4 82i5^@4 82^; cotton for acceptance, 4 8365@4 8375, and grain
for payment, 4 84i4@4 8i%.
Outside Market.— Under the influence of the excited tradTo-day's (Friday's) actual rates for Paris bankers' francs ing on the Stock Exchange this week, the market for unlisted
were 5 18'54@5 18^* for long and o l(i^4\m 'i-^H for short. securities has been exeeeiHogly active. Following the result
Germany bankers' marks were 94^^(394 15-16 for long and of the election on Tuesday some very striking gams were
95 9-16t a 95 9 16 for short. Amsterdam bankers' guilders were made in the early dealings on Wednesday, but subsec^uently
4O^**(a403^* for long and 40%@40%** for short.
these advances were cut down considerably. One of the
Exchange at Paris on London to-day, 25 f. \2%g.; week's prominent features was the activity and strength displayed
range, 25 f. 14i^c. high and 25 f 12c. low.
by American Can shares; the common rose 4}^ points to
The week's range for exchange rates follows:
n^, but later fell back to 9^^; the preferred ran up from
-Cablet.-Long.-SJiort.iH% to 561^, but reacted to-day to 533g; the close was at
Bttrling Actual—
TrHding in Northern Securities stock ha-* been on a
54:]4.
® 4 8!190
4 8706 ® 4 8716
High... 4 8380
4 8670
4 S666
'9>
small scale, only about 22,000 shares changing hands during
Low. .. 4 >i3d0
4 8370
4 8660
4 8676 ® 4 8680
4 8646
Farit Bankers' Francs—
the week; the price advanced from 1151^ t.. 118>^ and closed
» 6 18»«
High... 6 i8»4*
6 16»e
5 16>«t
to-day at 118. Considerable interest has centered in the
Low. .. 6 l'i»4
® 6 18)««
6 16>«
616)«t
copper stocks, the values of which have generally responded
Btrmany Bankers' Sfarks—
Tento the continued improvement in the traae conditions.
'3 96»ia
947,
'a, 94i»,,
Hlgb...
96Bia1
-a 94i»n
nessee Copper was conspicuous in this group; the stock was
95)9
-» 96»iit
Low....
94»i
Amsterdam Bankers' Guildsrs—
unusually active, and the price jumped from 31^ t(i.i.):4.
40'« • 9 40»n*
HUh...
'9 40!^**
Boston also displayed considerable animation on
40^
Montreal
Low. ..
iOht'
« 40'*
-a 40:)b»
40»,gi;
an advance from ^i to V^; the last sale to-day was at
"Xess: *iieOf 1%. t iifOf 1%. »,,oIl%. Plus: H «i«ol 1%. •*it»ofl%.
Greene Consolidated declined from 2^^ to 2ii%
1 9-16.
following were the rates for domestic exchange on early in the week, then rose to 25^^. and later fell back again
The
New fork at the under-mentlonecJ '^ttlefi to-day Savannah, to 24. Havana Tobacco common gained 5>'4^ points to M%;
buying, 50j. per $1,000 discount; selling, 75c. per $1,000 pre- the preferred moved up from 40-»4 to 4."); American Writing
mium; Jh-irleston, 123^0. per $1,000 premium; New Orleans, common advanced 2 points to 5;^8, while the preferred rose
bank, 86o. per |l,»iOU discount; oommeroial, $1 15 per from 19^^ to 24^4"; Otis Elevator common ran up from 41>^
$1,000 discount; Chicago, par; St. Louts, 10c. per $l,uOO to 49^; the preferred advanced from m]i to 100.
premium; San FranclBCO, 75c. per $1,000 premium.
Outside quotations will be found on page 2140.
movement
—
"-i
1
.
'
—
•)
1
.
I
I
|
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
&
2
.
New York
Exchange— Stock
Stock
Record, Daily,
1 1
.
Weekly and Yearly
OCCUPYINO TW<) ha<;es
STOCSa—JiJyJiJiliT
Monday
Saiuritay
6
JVov.
•30
X'ov.
33
34
'.|
lOi^V
94
"8
i'l^
7
31
64
87
•tiO
101
i}i<
•16S
';
15,1
107
l'2H-->a V2H'-,
'184
1>^5
83
1293,
12913
38^4
•80
i)0
90
23I4
6.J12
34
24
63I2
35
171
181
17-J34
184
194
194
19434
147
150
190
HJK
147
186
150
190
2:i\
23
'2-6
1014
Q^
9
8^8
936
8512
85'.
•11212
2212
54Hi
33=8
:
184
315
184
315
29^8 29
82 12 82>i;
*23i2 25 1?
7j.
4'8
7434
11
11
19
19
:S934
39
711a 72
51I2
62I2
5II4
85
197
80
80
88 "2 881-..
14234
2734
142\
49
4H
2914
291.
2734
•34I2 36I2
8Ui8 81
50
61
•15
I7I2
•47
•33
51
35
•100
•255
*56
110
60
132
"2
13234
1611a I6I34
81 12 82
122 14 122 7^
1738 1778
•130
....
•5914
61
99
•94
91
9118
Is
•146
148
31
313,
58 14
i.S'e
10258 103^
•130 13212
3934
•2114
41)
22
2334
55
34
185
315
31
83
*23i2 26
4^8
9
•7412
J1218
'18
3938
7 IBs
5134
•60
•80
5
9ii
75
1218
20
40%
181a
83
89
142'8l44i8
8834
«
W
a
H
M
o
2734
2734
48
35
Hi
8O34
49
37
ISOTj
Kl
29I4
29
50 la 5134
•15
1712
"45
47
•32
36
luo 110
275 275
•57
60
13234
13.-i34
161-8 IO212
81
83
--^
123'6l'.;4'>„
171.^ 1^1-2
130 ....
51)
60
*94
98
91 '2 92
146S!l4S
I
^2
3178
53
H
5'J3g
3
I0:i'i8l043t
132'2i:;2i.^
40
*20
40
22
-2
i;;434 133'.,
•35
•35 ly 37
3 73j
•110 116 *11U lltS
-71
•70
75
75
•193 lii4 ni'3i2H'4i2
42I4
42
4238 43
72 14 72'
73
73
•90
95
''bo
95
'-i
79
80
•98 104
83 14 84
134^4
"24
•75
l;*53t.
26
80
"a
•79
81
100 105
83 'a 85 "2
135 1.(6
24 la 27
•76
80
75
..
•loi
72 I4
•86 Hi
79 i-j
32 >2
72 la
liiS"-,
•14
•51
•24
73I4
SV34
79'-j
33 12
73
(4
101
7412
73
87 12 87^4
:
79-8
3334
73^8
621a
•i978
15
54
27
I
BANKS
BauUs
Mid
Ask
NEW YORK
American
... 510
630
Exch.. t280
Astor
775 825
Boweryll
325
Aiiier
Butch'8<fe
Century
Chase
Dr 155
180
650
328
linuUs
Bid
300
165
•167
•83
129
67
Do
6814
1591a
165
87 S
130''j
Highest
300 87% Feb 19
I
Dec
Dec
41
Jan
Jao
09
Aug 897„J»u
Auk 103
]/(•<
1-.
Jau
May
126
Sep 104
Jau
OGiaOct 19 82'4 J'ly 90-', Felj
68,525 38 Feb 24 69% Oct 22 29 la Sep 71 la Feb
II8I4 Miir 2 160 Oct 3|'l21 Nov 150 Feb
200
J135iaJ'ne24 165 Oct 3 140 Sep 160 Feb
pret
Brooklyn KapirtTrausit..
Boifalo Roch. & Pillsb'K.
Do uret
Baft'alo &, Svisqiif, prel
/ unadian Pacilic.
"332 83 Not 7 89 Aug25
2'
19,300 1091a Marl2 13534 Oct
200 64 Apr 29 69 Sep 15
V^a
anada Southern
Central of New Jersey...
Chesapeake <& Ohio
Chicago (& Alton
154i2Feb20
33.700 28i4Marl4
1,000 33 Jau 1
100 75 Jan 2
nai Jau 18
6,1110
19434
47i4
i
15% Oct
13834 Feb
Sep
78 la Jan
57
la
Novll 153 Oct 190 Jan
0ct25 27»4Nov 53% Jan
Do
pret
Chicago Bnrl <fc Qnuicy
Chicago <& East. 111., prel.
Chicago Ureat Westeru
1)0 4 p. c. debentures
City
Coal <& Iron. 190
Colonial Ii ... 450
TKUbT COMPANIES— BROKER.^' QUOTATIONS
AJSD
Ask
Banks
Ask
Hid
14thStreet1I. 300
Fourth
200
218
400
Qall.atin
Columbian .. 350 400
Gansevoortll 140
Commerce... t230 fim W; G.arlield
500
Consolidated 145
150
German Amil 165
C'ruExchgel, 390 400
German Exi] 375
Discountn ... 150 100
East River.. 15712 165
Chatham
335
Fidelityll .... 180
200
Chel.-ieaExcT 175
Fifth Avel).. 3450 3750
Chemical
4250
Fifth
300
Citizens' Ctrl 165
First
700
* Bid and askedprioes; no sales were made ou this
1 Sale at Stock Exchange or at auction this week.
11
Lowest
It.
5212
•61
•25
Highest
'.J
34 14
74
•14
16
55
26
8712
12934
Lowest
Ene
726,
523^
85
197
85
18
•80
12'.t7g
166
S/iares
Unilroada.
Arbor
J'lyll 34 Nov 7 25
30(1 2S
(i4
Do ))ref
300 }49'4J'no 6 64 Sep2l| 54 la
87 12 Atch. Topoka & Santa Fe. 134,680 64 Feb 21 88% Nov 9 54
1021a i03
Do pref
12.865 87% Jan 6 103 Nor ii 84%
141 143 Atlantic Coast Line BR..
3,600 10412 Feb 18 143 Novlli 106
961, 98
Kaltlmore & Ohio
114,050 7278Marl4 94 Novll 71%
95I2
961a
6714
lor J^evu>u$
Year f 1903)
!•
6212
'IHO
157
"83
129
•67
180
46 "h
Uanye
,
184
315
•30
83
4'(.
7434
•60
•80
•190
IOI4
2312
85-4
*112'2
23
2234
54I2
5434
33 12
33»8
*84
158
6838
16K34
Ann
J:ange /or year iyu4
Oil basis ot l(XJ-sh,are lots
Week
42 Aug29 1812 Sep 37i4Jan
85I4 Jan21
00 Sep 75% Dec
J1S2 Janl4 5170 J'ly ;i84 Mar
124 Feb 11 143 Oct 15 105 J'ly 138% Jan
13 Aug 29% Jan
84.780 127eJ'no 8 25% Oct 3
80iaJ'lyl3 90 Nov 7 83 la Sep 90% Jan
1 ,635
Do 5 p. c. pref. "A"
400 47iaJ'ne 6 71 Jan 23 63 Oct 85% Jan
Do 4 p. c. pref. "B'
5,300 20 J'ne 6 357gNov 9 24 Sep 467gFeb
Cbicago Milw. <fc St. Paul. 103,971 137% Feb 24 175 I4 Oct 25 133 14 Aug 183% Jan
Do pref
Mar 4 lB57eOct 25 168 Aug 194% Jan
.'00 173
Chicago <fe North Western 10,400 161%Marl4 202 NoTll 163 Sep 224% Jan
Do pret
400 207 Fob 8 234 Oct 26 190 Aug 250 Jan
Chic. Bock Isl'd & Pacilic
S130 J'ne 6 }152 Oct 10 132 Oct 200% Jan
147 150
14934 150 Ohio. St P. Minn. <& Om.
147 150
162 Jan
900 135 Mar22 150 Oct 27 117
186 190
186
180 190
Do pret
{165 Apr28 187 la Oct 4 neS No'v 194 Jan
10'4 113^
1038 11
10% 11 Chicago Term'l Transfer.
5i4Aug31 1234 Jan lo
8 Aug 19% Jan
3,230
22
23
2118 24
2138 22=8
Do pref
8.200 lliaAugJl 361a Jan 15 15 Sep 36 Jan
934 10
10
91a 10
12 4; Chicago union Traction. 31,6.50
4 J'lyll 12%Novll
3 May 17% Jan
37
39
Do pref
30 May 5934 Jan
1,300 29 May24 40 Aug31
''8
8618 86
87 14 Cleve. Cln. Chic. & St. L.
861a 87
66 Aug 99% Jan
4,200 681a May Is 87 14 Novll
•11212
ai2i2
*112l2ll8
100 Feb 8 112 Oct 18 112 Dec 119 Jan
Do pref
22 78
2234 23% Colorado <fe So., vot. trusi 14.800 13 la J'ne 1 2379 Nov 9
23
23=8
10 J'ly 31% Jan
5612
66
56ia 56\
5612 5634
Do Istpf. vot. tr. cfs. 3,300 48 J'ne 1 5812 Jan 2." 44^2 Aug 72 Jan
34 la 35
35
3512
35% 3534
Do 2d pf. vot. tr. cifs. 8,511 177eJ'ne 7 3534 Novll 17 Aug 48 Jan
184 1.S6
184 18738 I8634 189 14 Delaware & Hudson
22.400 149 Marl2 18314 Novll 149 Aug 188% Feb
325 325
325 334
330 3321a
elaw. Lack. <fc West'n.
3,750 2501a Feb 23 334 NovlO 230 J'ly 276%Jan
31 14 31'.
-3134 32
3134 3278 Denver* Rio Grande
18 Oct 43 Feb
1,250 18 Marl4 32 78 Novll
"-83-^8 84
831a 83 7j
83 la 85%
Do pref
4,630 64 12 Feb 24 85% Novll 62 Nov 90% Feb
25
25
•24 la 25i<
25
251a Des Moines & Ft. Dodge
200 19 la Jan 7 26 Oct 22 IV Sep 4714 Jan
5
5
5
5% Detroit South, vot. tr. ctf:
l%J'ne27 1434 Jan 23
734 Aug 20% Jan
2,500
938
934 10
10
10
Do pref. vot. tr. ctfs. 2,200 234 Jne27 291a Jan 25 14 Nov 3934 Jan
75 14 7514
75
75
751* 75% Detroit United
737 60%J'nel6 76 Nov 4 55 Oct 90 Jan
1134 12'.
I2I4 Duluth So. Shore & Atl
12
12'<
12
SigJ'ne 3 12% Oct 31
7
Aug 19% Feb
1,370
20
20 Hj
20 '4 20 la
20 la 21
914 AuglU 21 12 Oct 29
Do pref
10 Not 29% Feb
3,140
40
40 14 4II4
4018 41%
41''t.
SliaMayie 41% Nov 9 23 Aug 42% Jan
418,725
72
V314
7234 737,
7278 73>2
Do Istpref
62% Apr 74 Feb
29,83(1 55%May31 74 Si Oct 22
6 2 ''a 5a7p
5434
54
54
57
Majl6
3
Do
pref
6478 Feb
6212
60
62 64 Evansv. 2d Terre Haute 25,910 64 J'lyl5 67 4 Novll 44 J'ly 72% Jan
63
64
66 Jan 27 39i2J'ly
&
700
•80
85
•80
83 86
85
72 Feb 23 82 Nov 2 78 Aug 91 Jan
Do pref
191 196
190 196
196 196 Great Northern, pret...
200 170 Marl 7 196 Nov 1 160 Oct 209 Jan
85
80
•80
•82
85
85 Green Bay&W..deh. ctf.A
70 Anglo 85 Nov 4 73 Dec 85 Jan
1
19
20
*18ia 19 12
20
20
Do
deb. ctf. 1-:
117 11 J'ne 1 20i2Oct 31 10 Aug 27%Jan
83
83
SO 83
83
8314 Hocking Valley.
60 May 2 4 8434 Sep 1
03 Sep 106% Feb
1,200
89 12
89
89 90
8912 893.
Do pref
1,270 77 Marl'.: 91 Aug30 77 Oct 99% Mar
144 14636 14478 1457, 14.5 I5OI4 iUinois Central.,
38,001 12534 Feb 24 150'4Novll 125%J'ly 151 Jan
2UI4
28
29',
29
281a 30%
owa Central
16 J'ly 48 Jan
9,900 14 J'ne 4 30% Novll
494 51 12 4978 5II2 50
54%
Do prel
30i3Oct 773b Jan
10,700 32 Feb 25 54% Novll
•35
36
•3514 3634
361a 35I2 Kanawha <fc Michigan..
100 22 "a May 9 3634 Oct 20 25i4 0ct 47% Jan
81'.
81
81 'a 81ii
811a 8II2
C.Ft.S.<feM.,tr. cts. pfil
2,850 64 Is J'ne 1 8II2N0VIU 62 14 Oct 8234 Feb
2914 2912
2934 2934
29
29 4 Kansas City So. vot. tr. ..
16 la Oct
1,400 lu'-2Feb24 30 Oct 31
36% Jan
51I4 52 '4
513.
61
52
62
Do pief. vot. tr. ctts. 3,600 31 Feb 29 53 Oct 31 29 Oct 61% Jan
•16
18
•15
17
lOiaJaull 19% Apr 12 10 Oct 40 Mar
•157fl 1712 Keokuk & Des Moines...
•47
51
47 51 47 51
45 la Apr 7 52 Apr 12 48 J'ly S56 Apr
Do pref
35 12 38
•36
37
38
37 Lake Erie & Western...
500 26 Marll 38 Nov i' 23 la Nov 53 Jan
loo 110 100 103
•97 103
Do prel
85 J'nel7 105 Oct 1& 89 Nov 118 Feb
"""15 2 45 Nov 1
260
•260
L. Shore & Mich. South'n
«275 Nov 7 275 Dec 334% Jan
i
"61" 260
60
(iO
61
62
62 Long Island
700 46 MaylT 62 Novll 49 Dec 83 Jan
13418 13578 13;^- 135
134^4 137% Loui8ViUe<fi; Nashville... 43,400 101
Feb23 137 la Oct 1^ 95 Sep 130% Jan
162 14 163
162-1 16318 162% 163 14 VTanhattan Elevated...
ll,S5'.i 13934 Marl2 164
Oct 2'. 126'4 Sep 155% Jan
8018 823,
7il3
81 '4
sola 83 '4 i'Aetrop. Secur., sub. roc. 28,200 72'4 Marl4 96'2Augll 70i2J'ly 128% Jan
122 124
1215 123
122 124 li Metropolitan Street
10434 Marl4 130% Oct 21
9979 Sep 14278 Jan
88,1 '90
21) '8 21
181a 19";
19
20 ij
Mexican Central
5
Apr2o 21 Novll
8 la Not 29 Mar
152,215
*130 140 '132 150 130 140 Michigan Central
«19 la Feb 1 138 Feb26 102 -Ma) 135 Jan
no
61
60 62
61
62 Minneapolis & St. Louis.
'sbo 40 J'ne o 6734 Jan 18 41 Oct 110 Jan
•94
98
•94
iiS
80 J'ly29 961a Sep 16 83 Nov 118 Feb
Do prel
921
92
'JI34
91
90
91 Minif. S. P. <a S. S. Mane,
Jau 4 95 Oct 29 42 Aug 79% Feb
2;7b'6 56
148 149
148 148
147 149
Do pref
116 May 2 150 Oct 29 109i2J'ue 132% Feb
3,275
32 4 3.1'
:i53.
34
35% 36% Mo. Kansas & Texas
73,100 14%Feb24 36% Novll 151a Oct 30% Jan
o;IJ,
5y
63 12 64
60 'a 61
Do pref
42.600 3214 J'ne 1 64 NovlO 33 Oct 63% Feb
104 10/.'. 105 lOlii... I(l57el09i4 Missouri Paciflc
277,000 87 Feb 27 109% Novll 8534 Aug 11578 Feb
132 134
133 135
132 135
Cliatt. & .St. Loui.-;
100 101i2Feb21 137 Oct 17 85 Oct 133% Deo
Nash.
40 14 4t\)U
40 14 41
41
41%
at.ol Mex, nou-cum.pl
1,300 3434 Feb 25 42% Oct 24 34iaMai 47% May
22I2
22
2 2 If
22
2234 22-><
Do 2d prel
17 Nov 28%J'ne
000 15 7^ Feb 25 2234 Novll
135i4l35'i i;s5i4 13ij
135% 137% N. Y. Central & Hudson. 26,900 112^8 Marl 137% Novll 112% J'ly 136 Jau
37
0/
36 J 37
3734 407, N. Y. Chic. & St. Louia...
25 MaylO 407g Novll 19 la Sep 49k Jan
6,000
•110 116
110 116
115
115
Do Istpref
100 101HiMayl2 115 Novll 100 Oct 118 Jan
70
75
70 75
75
76
Do 2d pref
300 60 J'nel4 76 Novll 50 Sep 87 Jan
194'.,
jl94
195 {19514 n;'5 195 N. Y. N. Haven 6c Hartf.
431 S18514 May 19 199 Oct 21 18712 May 225% Jan
4234 43''8
42 -a 4334
43 '4 43% N. Y. Ontario <fc Western. 10,010 19%Marl4 4778 0ct 26 19 Sep 35% Feb
73 '2 V4
731-, 74's
74% 74" Norfolk & Western
33,200 53i2ilarl2 7478 NovlO 5334 Nov 76% Feb
•90
94
Do adjustment prel.
8S May 6 93 Oct 17 85 Aug 93 % Feb
Northern Central
150 J'nel4 195 Sep 27 190 Aug 190 Aug
7912 7978 •78'" '7912
78% 7912 Pacilic Coast Co
1,400 51 Feb 24 80 13 Nov 3 3934 Sep 72 Jau
loo 105
100 105
100 105
Do Istpref
95 J'ly2t) 101 Sep 28 80 J'ly 100 Feb
84
84
•82 I2 84
83% 8:^%
Do 2d pref
600 61'4 Jaul2 8434 Nov 2 50 '4 Aug 76 Jan
135^8 1363, 13534 13634 13578 137'-.; Pennsylvania
333,947 llliaMarl'.: 138 >2 Oct 31 11034 Nov 157% Jan
26
27
•27
28
2834 Peoria <fc Eastern
28
700 17 Marie 2834 Novll 15 J'ly 39 Jan
•75
80
•75
SO
•75
80 Pore Marquette
74% J'ne 9 81% Jan 23 74 J'ly 91% May
79I2, 7J''j
771a 7812
Do prel
600 568 May31 79 '2 Nov 10 J74 Dec i76 Sep
75I2
75
75
771-; Pittsb. Cin. Chic, .fe St. L.
56 Apr20 77 Oct 14 55 Sep 94 Jan
IOII2I04
103 103 '2 lOlialOl
Do pref
100 90 .\prll 105 Sep 15 90 Oct 115 Jan
7379 77
75 '4 76>4
75% 77 Reading, vot'g tr. ctfs.. ;J34,700 3834 Marl4 7734001 21 37 la Nov 69 '4 Jan
^8'4 88 14
8734 88
8734 88
let pref. vot. tr. ctfs...
73 Sep 8976 Feb
1,950 76 Mar 1 88% Oct 21
80
81
80
81
2d pref. vot'g tr. ctfs.
80
1,400 55i4Feb25 82 Oct 21 5534 Nov 81 Jau
3438 36 '4
35 '0, a634
19
Marll 3634 NovlO lOiaAut 53% Jan
351a 3612 Rock Island Company
117,460
7634
V4
78-4 79I4
Do prof
76% 79
5534 Sep
86 Jau
53,300 5734 Jan (j 7914 Novll
Rutland, pref
631a 54
300 30 Apr 22 55 Oct 27 30 Aug 72 Jau
'15
15 16
16
17 St. Joseph <fcGr'd Island.
16
9 Marl 5 17 Auglo
1,300
7 Oct I514 Jau
51
5334 64
851
64 14 54I4
Do Istpref
Mayl? 5413 Not 2 32 Oct 68 Jan
5851 35
26 >4 2L134 25
27
2634 2634
Do 2d pref
13 Oct 24^8 Jau
1,312 16 Jau 8 2734 Oct 1
!S5
iiij^^
667b
36
KXOHANGE
ot
the
STOCK
8614
68
68
68
185
18712 188 19434
46 't
44=8 45 14
4538 46 H,
•36
3834
•H\ 3812 381a 38=8
•80
80
85
86
85
190 210
•190 210
195 210
130 145
'13(»
'130 145
145
2334 24^8
23 14 24 If
2338 243e
89
89
897,
89
89
89 la
•02
64
62
621..
62
62
35
35 'l
34 "a 35 12
341a 36%
172 14 1743» 17134 17312 17214174%
183ial83''b 183 184
182 184
194 200
197 I2 202
197 198
232 232
232 232
230 2301*
210
145
85
«4
34
6S»(
•65
185
44-\
3S34
100
ISO
64
102iel03
140 141
95 'a 97
951a 95 12
159
165
83
•167
194
IOI4
86'''8
155
a;4:)"8
•180
35
xh:>\
8.t
3H
80 85
'ISKi
210
•12s_ 145
17] 'e
•l>'0'al83'i
•32
•62
883,
59
m;,
"i
•33
e4
84
64
6712
1
NEW YORK
Nov. 11
8J
128
•66
4.7
2'2"e
Nov. 10
155
*3li
85 14
*62
34
17038
6-iii
6m
184-8 IbS
08
44«8
9.V
'.J
157
823^
*6ti'-^
(J
'
165
iS'Z\
7
Nov. 9
101 '8 103
140 141
951a U6I4
951a 95 Si
'.15
".15
'i
(17
m->4
tridaxi
64
Sales
.•<T<»CK>«
7'h.nreday
871s
140
!I4'>8
6ALi. J'KlCKfi
Wednesday
84
1011.1 10134
lliC-j
*»:>
and LOWKUT
Tuesday
Nov. 8
Germ.auia1|
..
Greenwich
II
IlamiltonD
..
5!)0
205
170
545
Hanover
Imp <fc Trad.
t5.^)934
Irving
220
415
175
Liberty ..
Lincoln...
Mniilon Lane
.Maiihattiinll.
Market .feFul
Mechanics'
620
.
Mech&Tral:
Mercantile ..
.Merch Exch.
500
590
230
1
Jlerchants'..
Metropll
.M t
Morrisll
.
140
500
1150
105
315
255
200
130
250
165
175
375
215
Ask
lianks
Bid
Mutuali]
290
Nassauli
190
New Anister 435
525
Ask
Plazall
ISOO
210 225
295 .;io
19th Wariin. 150
North Aiiier. 200 210
Norlhern
120
Oriental"
2:S5
245
Pacitici,
255 265
Park
520
People'sli
285 300
325
265
265
260
175
185
425
225
:l
I)
I
Prod Exchll
New York Co
N Y Nat Ex.
New York...
Riversidell
..
Seaboard
Seconii
Shoecfc Leth.
State",!
o4th Street..
12tli WardTl.
23d Wardn..
Union Exchi
United
(
ASH
Bid
Uaiiks
Phenix
325
200
i lis rigiits.
« Loss tiiau U) saa.fo.-i.
dtnto liiK.4. (I lix (liviileiiil an riiiUts.
Trust Co. cortiilcates.
A Asaeaameut p.iid.
n Sold at private sale at this prUMb
day.
s
225
£id
Jtaiiks
Jeller.sonU
130 134
500
170 180
250 280
600
600
135 145
1 000
190 |200
120 ....
125
IS2I2I9O
9B
90
!
New stock.
'
Xov. 12
,
Aland ay
Nov. 7
Saturday
Nov. 5
32
kj
170
'23
71
73
63
179
23 >2
4»'i2
60
Gl
'.J
2 3 '8
50 V2
6218
lieif
35
116^n«»» 116
34% 34 14
3S-'4.
-24'-i
1C5
109 Vi llOig 11018112
95 14
95 Vi
61%
16=8 16»8
601a 61
2P4
21
21'
22 14
42=8
42^4
4378
ISHa
4234
181a
46
46
2258
27H.
2208
45 's
45'^i
27*8
27
2238 2234
441a 4534
ieoi-j
18
•45
"26 Hi
*240
30^4
•95'4
•26
210
7h
36 "a
•13
•34
98
5I4
•22
7334
7313 74
1H-'8 11138
10^4
391-^4034
145
•83
104
"a
• 220
104
220
•8
8h,
•50
51
42 >« iS^4
78^4
76
U^s
838
14K2
86I4
86%
31
778
SK
538
6%
30 % 37%
15
nr.
•33
38
30
31
993,
99
514
5^18
22 78 24
75 14 76
144
9378
1834
8834
18%
86
105
220
86
105
224
8%
838
934
•50
50
i4ia
14% 14%
20
78
21734
12534
20=8
78%
36 14 37
86
106 1063,
220 224
9% 9%
42% 44
82
124%
18%
18
86
•82
80
216
n44%144%
92I4 9~
•50% 51
51
44
»2
4278
963.
9634
14
....
14%
16
218
217
126%
1979 20%
126
78 14
79
3534
3634
43% 45
90
90
174
18
77^8
60
•38
•;y
49
I8I4
18^8
773.
77'i.
176
175
I914
7834
1958
7«3,
601a
801a
49»s.
10738
32
}79
•220
28
2434
98
25
98
32 ^.
80 '4 81
79
227
*220 227
I4I4
2778
8634
141a
s")6ia
6i:!if
221a
•S3
54
•97
-2
281.,
fc6ia
38% 38%
99
99
934
70
16
68
69%
?115
119
13^8
82
38
8234
371a
8438
3818
1101.2
•237
83
38'-.
2 38
68%
741,
7258
38
39 -a
3»34
934
14
16
6934
13-39
1334
I3I4
-"'a
'237 245
90«8 90»8
9078 91
•169 lOO-a 170ial70ia
•185 195
185 19-
iiref
13 ''8 U lilted
Do
92'.
iSs
.^O't
Do pref
Virginia-Carolina
Do pref
Chem
245
Wells, Fargo
Co...
ij
&
Do
Jan 15
60
J'ly
30 Feb
84 % Feb
72
Feb
8.-*34
Oct 12
65-38
I
Jan
5
67
Istiiref
Feb
Feb
Nov 97% Feb
34
6% Feb
Sep
25% Nov
22 Aug
68^18
Mar
Feb 24 U23 .\ug2()
14% Oct 19
Jan
Jan
5734 Dec 7934 Jan
15 Feb
6 Sep
33 Nov 65 Feb
95 Xwii 15014 Feb
15 "4 Feb
6 Sep
Jau
92% Nov 9
77% Novll
71% Oct
9634
(
30
4
85l4 0i;t
7 J'ly
30i4J'ly
10 Nov
58
9|
9
4934
378
6%May27
7558
43
4
J'ly 13
10% Feb
Jan
41
'4
Oct 14
li"
27% Nov
51i4Mayl3 85% Nov
8-<8Mayl:,
2234 J'ue29
Apr 10
J200 .J'uelO
97
8038
22i4 0ct
99
Novll
Novll
2%.Sup 1!<
34 Mar 4
31=8 MaylO 75
Novll
25 May 10 39% NovlO
3;ibo 85
5,900 153
.800 180
est'n Union Tele'gph
West'gU'seEl&Mfgasseu
92-''
174
192
22-58
Jly
77
8,5(10
2.460
767,925
447,615
30,116
4,300
pref
1141,
44
Nov
Nov
12
3S8 100
United States Steoi
Do
5 5b
3634
31% Jan
4,627
24,832
United States Rubber..
Oct 95 Feb
Oct 177 Jan
Sep 124% Jan
7434
31,970
Improve'm
75
May lb I714N0V 9
May 13 64 Nov 9
Aprl5 2434 Novll
6
37
Fouu
85
27
85
3
Oct 20
Oct
Oct 10678 May
10% Nov 29 % Feb
Feb2.- 14334 Novll 105
Mar 12 97% Oct 18 68
Aug 19 10 Nov
960 46 Feb 24 71% Sep 29
6%Mayl6 1634 Novll
10.502
16,ii40 40
Mar24 7434 Novll
states Ex-pross..
States Leather
pref
77% U S Realty
1.
47 '^8 Feb
32
94
14-34
20,435
11,900
&
&
98
43,15(1
&
1634 U. 8. Cast 1. Pipe
7434
Do pref
117% 117% United
118
ill6
92--'8
92 % 92',
6534 68 14
6878 72
72
29-^8
28% 2934 29 14 293<
84
84 7j,
843<
8434
84%
2fii4
27 1<
26
26% 271
84 14
84-58
8438 85%
373« 38I4
38% 39 14 39%
111
111 111% 112
111
'237
'237 245
•237 215
91-38 91 7s
9U4 OIV) 9138
171 174
173 174 14 173
190
192 192
245
&
Do
16
705,
1579
a;6934
92% 92 '8
92 1« 923,
63
65 la
281'j
28
837b 84
24 Is 2618
DOialUiir lloia
13-38
2%
23,
7U14
11
Feb 2; 65 Novll 17 AU)2 4234 Jan
111% Nov 9 8734 Sep 10838 Feb
24i4Mayl(i 44I4 Oct 17 22% Nov 6534 Jau
67 Mayll 84 'b (Jet 17 62 % Nov 9.". Feb
209 Marl 4 231 Oct 14 196 J'ly 23534 Jau
16 Mayl,^ 31 NovlO 16 Sep 37 Fob
7134 Mario 87% Oct 19
67 Nov 90 Feb
&
O
Jan 4 51 ISovll
Janl6 II2I4N0V
9234 iSlarl2
400
86
Do pref
6538 (^lossShelHeld St.
Iron 29,250
200
99
Do pref
800
2% Standar(l Hope Twine.
'5 Tenn. Coal, Iron
RR... 182,78
8,950
39
Texas Pacific Land Trust
5,000
9> Union Bag Paper
1479
84
226
16,525
4,694
62%
38%
9'
231a 24 14
11,388
3,180
Pullman Company
80
70
•.S3 la
03,.S90
eop. Ga8-L.<fc C. (Clue.)
Pressed Steel Car
Do prof
61-.
141a
6534
131s
Pacific Mail
86
69
12^8 13ie
911a 92
63
63
•271a 28
new
Rubber Gooda His
141,
6534
113
Co.,
lO-'v
39
10
70
16
72
115
29 14 Feb
55 % Felj_
Oct 29 (;204 Jan 235 Pel>
Novll 335, Oct 7553 Mar
80% J an 2
300
2434
238
6^34
May
38% Feb
62
Sep
14% Oct
33 Nov
1
26i4()et
6,sl5 120
1,450 80
61,575 24
63
9238
120
North American
IOOI4
5,300
pref
Now York Air Brake
16%
214
03 '8 6U-\
37
38
20
47 79 Jan 27
14%Feb2,'>
62-^8
14
tio^B
HO
23 >4
•91-'4
•113
Do
36
2,200
National Biscuit.
Do pref
Nat lou.al Lead
165t
•97
12 J'ly
4OI4 Nov
'.I
231-,
100
27% Sep
(
63 14
....
Dec
J'ly
1658 Oct
(
16%
57%
Jan
Jan
Deo
10459 Jan
95 14 Feb
2238 Jan
64% Jan
3234 Feb
55 14 Feb
27% Feb
48
12214
§15914
1
82
50
•b3
9
Feb
12878 Jan
3739 Jan
3178 Jan.
Aug
83% Au^
35
Feb
43-58
96% Mar
(i
22^4
67% 58%
96
30% Novll 1 7 14 Nov 4134 Jan29% 30%
87 14 Nov 11 60% Nov 93 Jau
3,858 67 Jan
86 14 871,
Do pref
24i4J'nel4 3434 Aug 8 25I4 Aug 461-4 Fel)11,250
3078 33% American Cotton Oil
loo 8834 J'ne 6 97 Nov 7 82 J'ly 98 Feb•92
100
Do pref
100 22 Aug 17 27i4 0ct 26 24 Nov 41% Jan
26
2G .American Dist.Telegrapli
171 Aug 235 Feb
892 180 J'ne
r215 Aug
212 212 American Express
2939 Jan'
6
J'ly
9% 9% .American Grass Twine .. 7,610 5 Aug 3 III4N0V 9
2i4 0ct
2 58 Jan
6% Nov 9
11% Jan
2,350
?6% 6% Amur Hide & Leather..
23i4 0ot 15?^ 10 Oct
700 ll%Jan
i1\ Jan
23 H
*2I
De pref
8-i8
2,190
6%Mar24 9i4Jan 2
4 Oct 1134 Jan
American Ice
5,298 24i4Mar24 42 Oct 17 16% Oct 4214 Jan
3634 371,
Do pref
3,800
7 J'ne
16%Novll
5 J'ly 1934 Jan
14 li 161, American Linseed
23% Nov 48% Jau
1,330 22% J'ne 1 38% Novll
37
38 %
Do pref
45,050 16% Jan 6 31I4N0VII 10% Oct 3158 Feb
30% 31 American Locomotive.
100% Oct 22 67% Oct 9534 Feb
4,450 75% Jan
99 % 100
Do pref
2%J'uel6
5% Oct 20
2 % Mar
1,550
5% Feb
51, .American Malting
514
11,900 16 J'ne 3 24 NovlO 14% Sep 24% Jan
22% 23
Do jiref
7434 77
Amer. Smelt'g<fc Refin'g. 56,420 46 Feb 25 77 Novll 3634 Oct 5278 Feb
2,350 8834 Jan 6 115 Oct 24 80i4Oct 99% Feb
11234 11234
Do pref
200 110 Jan 21 160 Nov 3 90 Aug 126 Mar
American Snuff
150 85 Jan
98% Sep 8 80 Sep 9838 Jan
Do pref
3%J'ne3(i 13 Nov 7
3% Dec 20 Jau
7,305
123, American Steel Foundr's.
12
3,''00 26
J'ly " 49
Nov 7 36 Dec 69% Feb
47% 48
Do pref
147 Nov 9 107% Oct 134:<8Jan
14534 1463, American Sugar Refimuj; 111,190 122i4Mar
140 Novll 116 Aug 123 Dec
WOO 123 Jan
13938 140
Do pref
310 121 Feb 16 145% Oct 2 4 11714 Oct 169 Feb
a43 145 Araer. Teleph. & Telefi...
9234 94
Amer.ToUa 0. new) ,pf. ctfs 104,351 8538 Nov 3 94 Novll
1458 Feb
2,120 10 Jan 4 21 Oct 17
7 % Oct
1838 i^merican Woolen
18
415 69 Jan 26 86 Nov 9 65 Oct SO Jau
?S5% 87
Do pref
Feb 20 lll%Novll 58 Oct 125% Feb
5,700 61
109 111% Anaconda Copper
185 Marl6 229% Oct 19 170 Sep 225 Jan
218 222 Brooklyn Union G.is
934 Nov 9
J'lyl>5 Oct
15% Jan
5
834 9%
2,090
runsw.Dock<fc C.Imp'i
301) 47
Feb 19 51%Novll 40 Aug 55 Jan
60% 51% Butterick Co
145,650 25%Marl2 4738Novll 24 Nov 82% Jau
473^
44
lolorado Fuel & Iron..
700 03 Apr 5 85 Novll 65 Dec 122 Jan
85
84
i-v Do
pref.
9% Nov 22% Feb
14% 16% Col. & Hock. Coal & Iron. 6,000 8 J'ne2^ I634 Jan 26
216%217'e Consolidated Gas (N. Y.). 20,959 1S5 Feb 8 220 Oct 19 164 Aug 222 Jan
9,725 101%Jau 4 128% Novll 9434 .Vug 1 19 Jan
127 128% Continental Tobacco, prel
2238 Jan 25
lysg 20
934 May
15 % Nov 35 Mar
37,150
Corn Products
4,l(i9 65
Mar 9 79 14 NovlO 60 Nov 85 % Jan
7334 7834
Do pref
3553 361-. Distiller.s Securit's Corp. 17,340 19% J'ne 9 37% Nov 3 20 J'ly 3434 Jan
945 43%NovlO 45 NovlO
45
45
Federal Mining <fe Smelt'
90 NovlO
800 82 Nov
82
82
Do pref
4,070 cl51 J'ue20 17914 Jan 23 136 Sep 204 Feb
177% 178 General Electric
24,410 10i4Mn,y2t, 20% Nov 9
9 J'ly lO^s Jan
19% 20 International Paper
2,100 64% Feb 9 79 Oct 15 57% Nov 74 14 Feb
79
79
Do pref
70% Oct 17 23 Nov 73 Jan
*5'l% 61
200 26 Mar
International Power
41V luteniat'l Steam Pump..
4,100 28 Sep 2 4II4 Novll 23 Dec 46 14 May
39
500 71% Feb 9 82 I4 O'M 19 70 Oct 89 % Jan
82
80
Do pref
1434 J'ly
62 '8
86
571a
J'ne 6
J'ne 6
15 5220 Feb 2 250
43% Feb 8 75
malgaraated Copper... 241,625
-American Car & Foundry 17,525
171.
98-'4
334
Adams
260
76
&
Express
16
37
64
24
86
214
62 4 641-,
3378 37 14
9
9
Do pref. vot. tr. ctf.s.
.lliscell
In<lii9trial
Mar
3 6 79 .Tan
6534
9
5234 Jan 2
2934 Jan 27
21i4 0cr 25
21%J'ne29
ailway Steel Spriuji
t)
Vdo pref
Itepublic Iron <t .Steel
Do pref
54>a
9834
991.
2I4
60
79
ct.s
v. tr.
4
62 Oct 21
2439 Nov 11
4638 Novll
20% Oct 22
14%J'ly-'5
37 J'ly27
6178
227a
2838
8634
ISip
60 la
221a 23
•83 la 80
86
54 %
783,
60
80%
Wisconsin Cent.
24
47
9
5,700
1,600
2,025
8,180
5,140
Erie...
Nov
Nov
95-34
Feb 17
1,692 42% Apr 19
16 MaylO
39,455
35,400 3234 Feb 24
.
Sep 19
Oct 3
AugSO
17% Nov 4
x86%Feb25
20(1
1534
58 14
2234
«6ia
131a
§783,
7376
33
21
Sep 19
32
1,165
pref.
Wabash.
51
50
49% 4934 50
'111%
112 1^ 1121. •'112
24% 25 14 21% 24% 24 14 25
96 98 14 97 97 *96 98
143 143
135 139
140 142
96
97
96% 96% 97% 97%
55
51
46^4
43
42
41
109 111% 10934111% 10934 11034
31% 35 14
34
3i\
34% 343.
o3
83
8234 83 14
HS-'i
«3
225 225
«230 230 223 230
30 14
30
31
30
28% 3()i.
86% 86 '8
8678 87
8678 87
13534 13534
9714
96
39 7„ 41
10818 lu9
321a 34I4
1081-,-
79
•38
•79
}lUl4lll^4 'lllig....
24^4 25
98
98
135 135'«
96 "a 961a
3914 40
17634
39
Do
Jan
Jan
1
177%
19% 20%
177%
20%
*58% 60
•58
•38
39
79
79
•4919 491^;
60
39
%
98
28
215
10
231a
7658
1121a
143
216 2161a 2I6I4 21778
jri3T8l23'6 124 124»8
IS"* 1914
191a 20
76
78
761a 7712
3559 36
35^8 36
173 "4 1731a
240
27% Oct
21%May27
8,400
3,570
16% Oct
69 % Oct
85 J'ne
20 14 Aug
100 Oct
17 14 Oct
15 Sep
24 Sep
79 Oct
155 J'ne
Oct 22
17%J'ne21
401
4, 2 SI 5
Feb 24 63
87% Feb 23 a,-107-3i
Twin City Rapid Transit.
158 Augll n65
Do pref
347,090 71 Marl 4 113%
Union Pacific
2438
45%
260
•92
•25
'210
&
51)3
Marl4 134
115
43'.i
Light
J'ly
6814
3858 Sep
Sep 12 11678 Oct 4'
18i4Feb24 36%Oot 2n
77% Jan 6 96 Sep 9
90 Feb25 97 Novll
3738 Novll
20%J'ne
74,101
W. V. tr. ctfs
Tol. St. L.
Do pref. vot. tr. ctfs.
3l^'.
2234
2314
4534
a;3034
&
78
170
30
66
113
1,35(1
&
Novll
Feb
Feb
Aug 88
68
Nov 10 39 Dec
182%NovlO 148% Sep
25%NovU 12 Aug
52%Novll 24 Aug
6
41%Marl4 66
442,94."
Co
Do pref.
46-V
19% 20 Wheeling cfe Lake
46% -i7%
Do Istprel
27% 29
Do 2d pref
47 14
29
39i4Jan
Highest
Lowest
Novll
78
69
1
160 Jan 9
]5,«00
9%.T'no 1
17.000 25:18 J'no 1
instal. pd.
Toledo Railways
261.
23 3e
45
1934
73% 74%
29% 29%
2(1
lots
Highest
Mar
61
50(1
otf.s
17% 17% U nitRys Inv't of San Fran
62
62
Do pref
24
2234
4514
&
11134 113
'95
95%
4 53;
•28
pref.
otlOO-share
Lowest
5
SoTithernv.tr. cts. stmped 261, 47(
3,35(1
do
Do pref.
10'
O. stock tr. ctts...
M.
10534 107
613<
4434
191a
46I4
2,100
14,650
Pacific
373h 'Pexas
131=. 1 hird Avenue (N. Y.)...
4934
171a
61
23
11% 12
•45
48
145->8l46%
13878 13878
421a 4378
79
14
16
12
12
45
45
145 14 147
106
224
50
IO6I2
106
Do
95
97
30
503^
112%112%
861a 881-2
18i« I8I4
8438 8438
104 >2
224
26I4
227,
373g
141a
36
"3038 "3038
4934
prof
Southern Pacific
tor frtviovt
Year (1903)
Range
Year 1904
Jianfje for
Oil basis
Week
Louis Southwestern..
Do
(56
95
97
130%
133
St.
35% 36 14
ayi.
:t:.3y
•934
579
83,
6434
9178 95%
•951-2100
o5ia 365,
112
*145 165
•94 la 97
140
143
138
143
18^4
84^4
18'4
74't
14538 14658
146112
•137>i2l40
•141>2 142^2
85^8
85
lUr-8lU)%
2278
5%
11118112
160 160
95 97
10"^ 13
431a 49
IGO
97
64 's 6534
lU-.i-2n6ia
6l8
2234
7514
5
5
24% 25%
51 I4 52%
'l()3p
221a
11
*36
371a
30 14 31
98 41 9334
22 19 2234
22^4
•145
•95
10
37 18
15
38
30
98 14
2834
9778
100
27
212
221a
8
3658
141a
81a
36
•13
•34
28''8
28^4
9778
-5
6
221a
8I4
327e
878
578
8=8
8
36
14
38
8
321a
*96
•25
212
97
27
*20
74ifl
28 14 28 7(
85 14 863^
212
678
S's
28»2
1
2133
Shares
Do 2d pref
C.<feE.l.com stock tr
1831.
517h
23% 25
'240
245
7278
85 »^
8
5'8
•21
?245
32-8
97
25
5210
97
27
210
47
2778
27 7e
2234 23
451a 457,
2734
2738
85
447,
105,
«47
731.J
311a
30^4
2314
1878
260
72 Is
84 'a 84 'f.
22
43
19 14
46
210
260
71«8 7318
27 >« 2738
1821a
IHO
the
St. L. cS;S.FT.,l8t pref
67% 68%
11178ll3-\
944 96
loa'sioeij
95 14 95 >4
•16
18
75
69
Sales 01
STOCK
EXCHANGE
,
78
7479
11158 1131a
95
961a
•16
171a
61
61
291-j
481^2
481a
•73
67
180
130
2534
2534
Nov. 11
133
2534. 26
29
3038
61'
49
106 10658
130
132
•2S
3012
49
105
*48H2
36"
'351^
3538
3434
132
133
26
•30
II6I4 11634
ii^i 3534
941a 9478
94 Is 9434
*93ialOO
*93»8 941-j
-95 100
34^51 34^8
»130
•71
74
663,
63
179 179
2318 24
5034
50
621a 65 i»
NBW YORK
Friday
Nov. 10
Nov. 9
179
22S8
4934
611s
STOCKS
Thursday
Wednesday
Nov. 8
'!3S2
170
f>0
Tuesday
75
6278
1
.
Stock Record—Concluded— Page 2
1904. j
STOCHS— HIGHEST AND LOWEST SALE PRICES
•70
g
.
-''a
44 Novll
II4I4N0VII
2.')0
4% J'ly
15
Aug23 ^191
May
19% Feb
Feb
Feb
Jau
3979
8934
6658
Nov
17% Sep
80
4934
Feb
128% Feb
% Feb
Sep 93 Jau
\ii«
J'ly 249
MaylO 93 Oct i"; 80 14
.May 2 174% Nov 9 130 Oct 221
Auk17 195 Oct 24 160 Sep 224
.Tau
Jan
BANKS AND TRUST COMPANIES-BROKERS' QUOTATIONS
Bid
linnkM
Atk
BnnkN
Bid
Ask
BROOKLYN
Wash.H'litsD 200
WcstSideH.. 475
Vorkvilleli .. 400
Manufactrs'.
280
.
300
Mercliauts'.. 130
Nassau
Nat City
BBOOKLTIf
North
Sidoli.
Peoi>lo'BTi
BoronghH
135
Broad wayl:.. 300
150
17th Ward!
BrooklynH
13(3"
Sprague
Stuyvesanl
120
Con'yI&BBI 140
First
380
•
1
..
375
290
225
290
410
310
l.-,o
200
200
I'ia.stcru
51)
170
Empire
1
Walla bout^l
155
Ask
Bowl'gOreen 200 212 'a
165
BroadwiiyTr. 155
iriK'lvH&'lY 625
Cc-iilnil Tr'st 1950 2000
(,'ily Trust... 285
('olonial
320 33()
OJ
Commoiiw'tli 60
185
Uuionli
ibo"'
Bid
crrr
Bankers' Tr. 325
N. Y.
345%
MecliaiiiCHli
Trust Coik
Tr..
220
K(|(iitableTr 650
(565
BUI and asked prices; no sales on tins day. i Ijess thau 100 sU irus. I
Sale at Htock Kxclinii go or at auction tins week, o lix stock di ividouil.
Truut Co's Bid Ask
Farm I.,o * Tr 1300 1350
Flftll AvfiLTr 525
(Juaranty'Tr 630
Gnardiau Tr 170
Knlck'rli'k'r 900
Lincoln Tr.. 345
M.auhaltau .. 475
Mercantile .. 990
jMercliants'..
.Metropolitan 625
Morton TriiHl 850
iMut.Alliauco 205
N Y LllCcVcTr 1000
tix ngiits.
s
Trust Co.
c
Ex
.'|50
05(f
500
1010
210
640
880
225
Bid
605
North Amer. 248
Real Est Tr't
StandardTr't 330
'I'ltloGiitfeTr 540
Tr i'o of Am.
ASK
25'i
555
tli)7'-^
350 1400
440 155
US
Unit States 1400
Van N'denTr JOO 207
Wasliington 390
U iiion Trust
1
Mtg&Tr
Windsor
185
196
Trust Co's
Bid
Ask
BROOKLYN
Brooklyn Tr 376
200
Flatbush
325
Franklin
Hamilton
315
410
Kings Co
L Tsl LifcTr. 275
Xasnau
f260
315
People's
Willlauisb'g. 235
350
330
290
33S
240
lOt'.O
diviiloud
oortllioito*.
Trust Co'b
N YSecJfcTr
ami
',)
rights.
b.iiik-« luarkeil
with a p:tr;»graph
(D)
are State banks
J
»
New York
)
.
Exchange— Bond
Stock
I'rice
Haniie or
Last KaU
Ask Low
»i<t
January
Low
Jliyfi
Biyli
1044 107 14
lOoi* Aiik'04
104 4 104 4
104 4 Aup'<l4
105^4 Oct '04
104 V) 105
104 Hi 105
104'.2 10S
10412 105
107
104
4 106 >4
1041^ 10634
105
108
104 'a 10718
loe'^ioe'i
Am
10ii»8
J'Jy'04
100'4 108>4
IO6I4 108
IJl'g 132^8
Le<fe
'fe
Fliilippine islands 48.1914-34
108
Foreign! (>overiinicnt
Frankiort-on-Maiu 348 ser
t93>4
Oct
111
1314134
110'*111'4
'04
..
96 4 Fob '02
01 four marks
1
ba sU
92 4 Sale
103 Sale
These are price
Japanese Govt Cs ctfs lull paid
Be pub of Cuba 58 clfs lull paid
V H 01 Mexico a 1 g 5s ot 1899
tlie
t
+
974
are pr
iiese
92^4 15«7
90-->8
102^8
lo
103
111
t974J'ly'04
ices
n the
ne do Liar,
954
984103
9741004
89
ol
$oto a.
State Securities
Alabama claas A 4
Class
Class
to a
B5s
C 4a,
Currency funding 48
Dist of Columbia 3"05s
1900
1900
1900
102i4Sep'04
109i4Oct '00
10218
10218
10234
102 4Mar'02
in
19'2U
Mar'02
11913.
10338.
1924
consol 4s.. 1914
Louisiana new
Small
KortU Carolina consol 48.1910
1919
6s
1933
So Carolina 4 Hzs 20-40
settlement 3s. .1913
Teun new
Small
Virginia fund debt 2-3.S...1991
68 deferred Brown Bros ctfs.
102
J-J
AO
J-J
J-J
J-J
J-J
11934 Oct '04
11934 11934
102i4J'ly'04
109 41''eu'99
102 14 105
104
102'4Sep'O4
10 1
1024
1304J'lv'Ol
120 Mar'Of
a5i4 97
96 Oct '04
95 Aug'04
95
95
9614 Sop '04
914 96I4
7ii
20
8
64 a^
064 99
97
8
iSale
Itnilroad
Hee So Ry
labaMidi Aee At Coast Line
Albany & Susq Isee Uel <& Hud
Allegheny Valley 6cePeuu KK
Alabama Gent
P
Alleg & West Hee Bull li
/i.l995 Q-J
Ann Arbor Ist g 4s
AtcL T & S Fe gen g 43. ..1995 A-O
<fc
1995 A-O
llegistered
Adjustment g48
Stamped
Debemures
Series
Series
Series
Series
E
F
Not
Nov
/i.1995 M-N
D.1906 F-A
/il995
ftl995
Kegistered
4s Series
1907
FA
1908 r-A
1910 F-A
1913
K
East Okla Div Ist g 4s. .1928 M S
Oliic
&
H
FA
97 Sale
102 se Sale
101
93 Sale
97
1024
100
'04
924
9314 139
82 4 Jan '04
93
93 '4 i25
99 Aug'04
9934 Oct '04
93
Sale
9yie
9978 10078
9938....
98i»....
9714....
97
11
97
10234 152J
Oct
994Nov'04
97 4 Sep '04
97 Oct '04
974
98
98
1124
984 Sale
B4s./tl9o2 M-S
AtlKnox<fc Nor Islg5s..l940 J-D
Atlantic Coast 1st
CharleB & Sav Ist g 7s. .1930
Sav F <fe
1st gold 6s.. 1934
1934
Istgold 5s
Aia Mid 1st gu gold 5s 1928
1st gu g 4s 1938
Brans &
SU Sp Oca & (i gu g 48 1918
Atlantic
Banv Hee South Ky
Atlantic & Yadk Hec South Ky
Austin <fc
VV See Sou Pacific
Balt<fe Ohio priorlg3i2S. 1925
Registered
/tl925
711948
Gold 4s
Registered
A1948
Conv deb 48
1911
W
W
&
N
J-J
12634
1137g
il-N
II2I4II6
96
J-J
J-J
J-J
y-J
Registered
/tl92
1st gu g 5s. .1919
Cen Ohio It 1st cg4'i28.. 1930
Pitts Clev & Tol 1st g Os 1922
Pitts
West 1st g 4s. ..1917
J P
& Co certls
Bat Creek
S Hee Mich Cent
YC
Boech Creek See
Bellev <fe Car Hee Illinois Cent
Mouou Kiv
&
&
N
9TJfl
96
Sale
A-O
1034 Sale
^-i
102*8
Nl-S
W
10334
9934
9934
98
82 4
954
100
9834 99 4
974 974
9634
37
92 14
112 Sep '04
112
9SS6 210 91
98'*
97
99 14
90 14
99iq
Sale
y-J
F-A
10714.
Al-S
1084.
A-O
119
100 ifi.
J-J
963,
93
973*
58
97
90^4 J'ly'02
105 4 Mar'u4
108 Sep '04
1
.
1
9
100
100
4 Mar'04
Oct '04
Sep '04
&H
N Y^ Erie 6'ee Erie
K & P gen g 5s.. .1937 il-S
AU & West l8t g 48 gu..l99S A-O
1943 J-J
C1& Mah lstgug58
Roch & Pitts 1st g 6s. ..1921 F-A
Consol 1st g 6s
1922 J-0
Buflalo & Southwest /See Erie
BuB & Susq 1st ref g 4s.dl951 J-J
Bur Cedar K & No Ist 5s. 1900 J-D
ButJalo
Buflalo
tfe
iS;
CRIF&N W
127
103 Apr'97
121 4 Mar'04
123 ifc Aug'04
97
99i4Oct'04
103^4 Sale
103^4
A-O
1184
1104
122 Sep '04
120 4Mar'0o
112 4 Sep '04
104'* 104',
1044
1064
100»8 lOO'^a
107 J'ly'04
M& St Elstgug7s....l927
(uuada South
114»4Nov'04
1934
Ist gu 08.1921 A-O
col trust g OS.. 1934
Registered
114
100
110
124
AO
J-D
1908 J-J
J'Zii 5s
1913 iVIRegistered
1913 M-S
Carb <k Shawn Hee 111 Cent
Carolina Cent Hee Seab Air L
Carthage & Ad .See N Y C <& H
Ist 5s
Ced K la F & N klee B C K <fc K
Cen Branch U Pl8tg4s...l94S J-D 95
Cen Branch Ry Hee Mo Pac
Cen RR& BolQa col g 5s 1937 IVI-N 110
Cent ol (Ja Kit 1st g us..pl945 F-A
Consol gold 5s
1945 M-N 112
Registered
Istpref income g 5s
2<1 pre! luuoiiie g 5.s
3d prof income g 5s
1945 M-r4
pl945 Oct
J31945 Oct
}>1945 Oct
104i«
1124 Oct
120
Sale
10334
Sep '04
95
112
'4
1114
107
Oct
'04
'04
112
J'ue'04
80
92 4 Sale
92 4
93
71
04
7.)
74'e 261
05 4 189
Sale
4 65 4
92^8
1 92 14
96
103 4 130 IOOI4
100
97
99 4 Kov'04
92
92%
0314
R& A
VaUeylstg
112
100 78
138
93
98
964
96
10334
Conn Ry di L Isl Ji ref g44s '51
Den Con Tr Co Ist g 5s... 1933
Deu Tram Co con g0s..l910
MetRyCo 1st gu g 68.. 1911
Det Oil St Uy Isl cou g OS. 1905
Gr Kapuls Ry Ist g 58...al910
Louis Ry Co latcon g5s..l930
Ket St Ky gen col tr g 0s.l997
A-O
J-J
J-J
M-N
FA
F-A
J-J
92
93
8
134
109 4
105
1U9
93
8938 Salo
884
99
99
96
J-D
J-J
Sait
A-O
J-J
J-J
Chic
Chic
J-J
ibo"
Nov'04
99I4IOS
90
99
J'ue'OO
103
Nov'Ol
101'
'.
Miir'HX
J-D
J-
F-A
118
116
118
4120
14
Friday; latest price this week,
119
Nov'04
1104 Sep '1)4
118'4
118
a Due Jan
113
<fe
<&
P Wl8tg5s
Hastcfe
DDivlst7s
lst5s
I&D
Exten
1st 78
D Ist 58
LaCrosse &
Mineral PointDiv5s
So Miun Div Ist 68
Southwest Div 1st 6s
IIOI4
9334
M
cfe No l8t
1st consol 6s
L
W
lu2
1024 30 100
108
...
I0034
1014
95'^8...
10o«8
108 14
lOU^e
104
103
J'ly'04
HI 4 J'ly'04
11934
10434
103
99
83
801,
1124
10738 Sale
132 I4
118'4
1204
8334
10434
101
994103
984
94I4
954 954
814 foi*
744 814
84
80 4
Apr '02
Apr '00
101
95 14
954
90 4 Apr '04
10534 Aug'04
35
99
91
102
954
904
9118
10534
10934 1033^
105
Apr '04
Iu2 Nov'04
196i4 0ct '04
105 Dec'Oo
100410214
103410?
Feb '04
100
1003,
108 Oct '01
112 4 Oct '04
107:'6
1073b
129 Apr '04
105
10814
10034
106
109*4
117 4 0ot 'iH
lis
113
105^^ 108 4 689 10041084
103 Apr'Ol
112 May' 03
1093,
106
1
1734
1 1
1124115
10538 1084
•29
129
1144120
734
1 20
117
Dec "02
Sep '04
1124117
11534 117
L32
116
Oct '04
Oct '04
lll\NoV04
11141104
lll--'8
1184.
1324
177 4184
lllife
II0I4III
1
S4
Oct '04
HI Oct '04
no 4 Oct '04
95
1104 Apr'03
no Apr'Ol
112
11738
11234
.1234 Sep '04
11 678 Oct '04
132
117
107
115
97 14
11218
137 4J'ly'9'.i
116381184
11678 Oct '04
106
169
.4.ug'04
a24113
106
169
....
112
11118113
..
.
1274
10736 Oct '04
106
11134001 '04
111 Sep '04
115=6 Sep '04
112 Sep '04
IIOI4 1120b
10934 112
11034 112
1304 Oct
107.^4
110'8
112^8
118^4
Aug'04
Mar'04
106
169
113
4
9878
11538 119
109=8 112»4
11434 117
10934 1124
1124
4
'1774
6s. ...1910
10941094
109 4J'ne'i;4
97 4 Oct '04
11078
119^8
1916
1924
1910
1910
1908
1919
1910
1910
1909
1264132
108 111=8
169 184
109 111
107141101*
II4I4II84
127=^1304
114
US^Oct '04
10738
1164
'04
10478 J'ne'04
102=8 May'04
102=8 102=8
100 Oct '04
103 Xov'98
IISS 115 4Nov'04
102
iViiiiis"
.
10234 lliS
984.
1114
109=8.
I0314
IO2I4....
108",
10714 ..
II5I4 ...
II4I4
10034
105
10434
90410014
l)ec'03
108 14 1104
106 107
10 103=8 108
104 10414
107 4110 4
109 '4 Oct '04
107 Mar'04
103% 103»8
104 Mar'04
no 4 Oct '04
10334
Jan
108»4 10834
'04
1154118
114411«
118 J'ly'04
114i8J'ue'04
...
Nov'02
106
1044
105 4 May 04
105=8 ^ov'03
10738
12734 Sale
109^4
12734
12734
126=8 12934
119
1194 1194
1424 Feb '02
13134 Doc '03
103 Apr '04
117141194
13934
13934
1014..
..
10238
123^8
123»8
109
123
Sep
'4
107
9S4
101
14
95 14
97
94
93
93
96
93
90
7834 Sale
7618
894
Sale
Sep
99 ig
9678 101
99
108
103
121=8
-
'04
J'ly'04
JIav'04
M»y'04
May'04
79
.
.
.
.
1607
.
9145i57
Oct '04
10378Jau'04
95i4 0ct '03
95 Sep '04
98 Jan '04
105
1024
103
1 2.1
120
122
IO0I4 1,22 101
Jan '03.
70 4 Sep '04
91
107
.
'03
12334
1224 Aug'04
IO5I4IO54 10434
1054105 4
10941124
J'ne04
10634 J'ly'04
4
1054
1014 IOII4
97
90
93
90
96
93
90
664 79
7934 704
914
73
104=8 105
1 03 '8 10379
95
95
9334 JS
104 4106*4
l'a«e.
A
iM
9134 Sale
11634
S
J
J -J
F
F
A
98
97
118
J
96
'
A
J J
-M
J
N
J
J D
A
A
1064.
97
913^
91=4
115=8 Sep '04
9034
97
89
114
117 4 Oct '04
94 J'ne'04
100 Oct '99
110 J'ue'02
116
94
97
121
95
110
no
110
4
11034
.
1
86
J
J
.M
N
Sale
804 Salt
J'ly'04
9234
11734
99<% 120
99% 99%
09 4 Dec '99
86 158
85
80
874 18
99 Dec '97
754 86
794 874
99*8
99!^ Sale
9338
1124118'(.
tias and Electric Lifclit
1121, 1164
.\tlant.i G L Co 1st g 5s. ..1947 J -D
1154119
Due .A.pr « Dae .day j Due ./'no ADueJ'ly A; Due Aug oDue Oct
11814
tt
4
10941114
4 11434
11934
1034 1024 lo2 4
984 Sep '04
1064 Oct '02
95 4 Sep '04
100
1921
Street Kailv»-ay
Met St Ry—eCoJuRef g 4s2002
Lex AV <fe P F 1 st gu g 5s 1993
Third Ave RR cou gu 4s 2000
Thud Ave Ky 1st g 5.S.. 1937
.\I et
S El (Chic) 1st g 4s. 1938
.Mil El Ky & L 30-yr g 5s. 1926
.Minn SI Kv 1st con g 5s. .1919
>^t Jo Ry Lt Hc&P Ist g 58. 1937
Si Paul City Cab cou ix 5s. 1937
uuderaround Elec Rys of London Protll sharing OS... 1908
Union Kl (Chic) 1st g 5s..l94,'>
Initod KKs Sau Frsf 4s. 1927
United Rys St L 1st g 48.1934
Chic St 40-yr cons g 5s. 1930
W
1024
84 Sale
80 Is Salt
W18& Minn Dlvgas. ...1921
MU
...
98
1913
1915
Chlc<& Northwcons7s
1886-1926
Extension 4s
874 9234
1886-1926
Registered
92 4 1004
87 14 924
1987
General gold 3 48
.ul987
Registered
106 4105 4
Sinking fund 6s...lS7S5-1929
1879-1929
108 109 4
Kegistered
1194122
Sinking tund 58.. .1879-1929
1879-1929
98 100
Registered
1909
100 100
Debenture 5s....
19U9
Registered
1921
Debenture 58....
1921
Registered
1933
Sinking fund deb 5s
1933
Reffislered
Des Mo & Minn 1st 78. .1907
MUwcfc Madison Ist 6s. .1905
1134 II708
1910
North Illinois Ist 58
Ott C F & St Paul l8t 58 1909
Wmouadi St Pet 2d 7s.. 1907
12141214
121i«124
MU L S & West Ist g 6s 1921
Ext ik Imp sfund gos 1929
97i«100i8
Aslilaud Div Ist g 6s. .1925
1924
IOII4 103'8
Midi Div lstg6s
1907
Convertible deb 58
1154122
1911
Incomes
11041124 Chic Rock Isl & Pac 6s. ..1917
Kegistered
1917
General gold 48
198b
1024106
19,^8
Registered
104«ol09
Coll trust Series C 4s .. 1905
105 107 4
1910
H4s
1915
M48
1910
N4s
191S
P4s
Chic R I & Pac RR 4s. .2002
90
96
Reinstered
2002
1913
Coll trust gold 5s
I06«8ll2 4
Choc Ok <& O gen g 5s .01919
1164 1203,
1952
Consol gold 5s
10334 114
1905
Des M <fc Ft D Ist 4s
1054107
1st 2 43
1905
0534 93
Extension 48
1905
74 'fi
28
1923
Keok & Des M 1st 5s
18
654
85 324 72 'ft 83 4
109 4
3 1073b 110
1 05 4
10 100 106
111
111
29J 100
93
30 S2
93
89 4 122 794 SO'e
99
107 4 Sale
LSuDivg58....1921
Mo Riv Div 5s. ..1920
1910
Pac Div 6s
Dak& GtSog5s
Far & Sou assu g 6s
103
101 14
1067e
Bway cfe 7tli Av IstcgSs 1943 J-D
Col€fc9thAvl8tgug 58.1993
•No price
1074 108
85 Sale
109«8
IO5I4 Sair
Salt
1 1 1
1144
58. ...1940
iUISCELLAiNEOtS BOM).S—Continued on Next
Street ItaiUvay
Brooklyn Rap Tr g5s
1945
1st refund conv g 4s
2002
BkCity Istcou 5s. 1916, 1941
Bk y Co& ^^ con gu g 5s. 1941
Bklyn Un El 1st g 4-5S.1950
Kings Co El Ist g 48.. ..1949
Nassau Elec gu g 4s
1951
City & S Ky iialt 1st g 5s. 1922
106
109 14
118 119
DiT Ist con g 48.. 1989
1989
2d cousol g48
Warm Spr Val 1st g5s..l941
Greenbrier Ry Istgu g 48 '40
Otac & Alt RR ref g 3s... 1949
Railway Ist lien 3 48... 1950
1950
Registered
Chic B & Q—Ch & la D 5s 1905
1922
Denver Div 48
1949
Illinois Div 34s
1949
Registered
1949
Gold 48
Iowa Div sink fund 58.-1919
1919
Sinking fund 48
Nebraska Extension 48.1927
1927
Registered
1921
Soutliwestern Div 4s
Great Nortl
Joint bonds See
1913
Debenture 5s
Han & St Jos consol 6s.. 1911
Chic& E lU Ists f cur 6s. 1907
1934
Ist consol g 63
1937
General consol 1st 5s
1937
Registered
Chic & Did C Ry 1st 5s. 1930
Cliicago & Erie See Erie
Ghic In & Louisv rel 6s... 1947
1947
Refunding gold 5s
Louisv N A & Ch 1st 6s.l91U
Chic Mil & St Paul con 7s 1905
1914
'Terminal gold 5s
Geueial g 4s series A..cl989
el9b9
Registered
General g 34s series B.el989
CUic<fe
112»ell2''8
109 II414
102^0 Nov'04
101i4 0ct'04
92^4 Oct '04
aoi
'92"
96
96
103
See Atl Coast Line
Ches<& Oliio K Os ser A../il908
al911
Gold 68
1939
Ist cousol g 58
1939
Registered
1992
General gold 4 48
1992
Registered
Chiccfc
125i6Nov'03
112»8Jan'04
114i4 0ct '04
93 J'ly'04
9734 Oct '04
Bklyu & Woutauk t>ee Long 1
Bruns <fe West A'ee Atl Coast 1.
1st
99
87 14
82 4
87 4
98
137
A-O
A-O
PJun<feMDivl8tg3it2Sl925 ilN
P L E <fc Va Sys ref 4sl941 MN
Southw Div Ist gSias... 1925 J-J
Con
97
98^8^04
91^8
St L,ouis 1st 68..1915 iW-S
M
1024iSalt
104
107'4l07i«
128 135
1^7 4138
lin* 114
10134
'.
Craig
104
i'eb't)4
J'ne'99
111714
1
Hud R gengugSs 1920
l*h & Wilks B Coal 58. .1912
(7I910
Con eit guar 448
N Y & Long Br gen g 48 94
Cent Pacific .S'ee So Pacitlc Co
Chas&Sav
1
104
Krj
Aug'04
13,Ms
135 Nov'04
(136
13318
132»8Nov'04
114 1141, 14 Oct '04
108
102 103
10434 Oct '04
Registered
/il9«7
Dockifc Imp gn 58.. 1921
10oOhSep'04
lOGU 106^, lOOU 100^
131
Sep '04
130 4131
1304131 1314 Aug'Ol
105
105
107
1
j'iio'02
101'<
1
High Ao Low HlyK
93 4 Oct '04
924 934
914
Mac& Nor Div Ist g 58.1940
Mid Ga & Atl Uiv 58. ...1947
Mobile Div Ist g 58
1940
Jent ol N J gen'l gold 58. 987
tlinee
January
Low
UiU
G2i—( Continued
Cliatt Div i>ur nion g 48.1951
ol
Uanff»
liange or
Last Sale
Aov
WitEK Endino
Central
Wmk's
frxce
tritlay
11
STOCK EXCHANGE
Nov 11
N. T.
1
U. S. (ioverninent
U S 28 cousol reKi8lei'etl.c^l930
U S'iacoiisol coupon dl93U
fcl'Jl^
U S :is rejosterea
tlitlH
U S 38 0oupou
U S 38 roii gniall bou(l8..fcHtl8
U S 38 cou siuaU bonds. .fclDls
/tl'JO
U S 48 ^e^'l8tored
Al'JO"
U S 48 coupon „
1U"25
TJ S 4s re.!<i8tore<l
1925
U S 48 coupon
Weekly and Yearly
i*a<;ks
BONUS
Jiangs
Hince
Weelc'i
J-Yidav
A'ov 11
STOCK KXCHAXGE
Wkkk Ending Nov 11
N. Y.
Record. Friday,
kcmk
<K;t;i;rviN<ii
1
p Due Nov tOption sale
N
J
.
Nov.
12, 1904.1
Bond Record— Continued— Page
iJi^j
WeeK's
Range or
Last Sale
Price
STOCK EXCHANGE
W'EKK ENDINO Nov 11
So
N. Y.
V
PriAav
Nov 11
'5--
BONOS
Hange
Since
January
2135
2
STOCK EXCHANGE
Week Ending Nov 11
High No Low Migh Erie & Pitts See Penn Co
Ask Low
Bid
ChiCcfcStL 6eeAtcliT<feSaKc
Evans <fc T H Ist cons 08.1921
Chic St L A N O See lU Cent
1942
Istgeneral gold 58
Co
Cliic St L & Pitts See Penn
2 130'8l35'4
135 "^ 135 <,
Mt Vernon 1st gold 6s.. 1923
Cliic St P M & O con 6s. ..193(1 J-T" 135 4
93 Dec '03
94
Sull Co Branch 1st g 58.193(^1
J-D
Cons Cs reduced to 3H'S.l'-'3"
Feb '04
13018
131
I3OI4I3I
Ev& Ind Ist con gug63..192('
Ch St P A Minn 1st s 6s 191S IWI-N 13 1^4
12934 Mar'04
ds St
12934 12934
t^argo <fe So See Ch
Nor Wisconsin 1st 6s. ..19.^0 J -.7 12212.
122i2Nov'04
120 123 H2
lintcfePereM -SVe Pere Mut
St PcSi SCity Istg6s...l919 AO
21 7218 S3»8 Fla C <fc Penin See Sea Air Line
83
82
83
83
J-J
Chicago Ter Trans K4s...l94'i
Ill's Apr'04
110 IIII4 Fort St U D Co 1st g 4 4s. 1941
Chic<fe Wesllndgeu s6s(?1932 Q-M *113«a.
1921
Ft W<Si Den C 1st g 6s
Mich See Pere Marq
Chic &
& Rio Gr lat g 48. 1928
Ft
Choc O & Gulf /See C K X cS; P
104i2l>ec'03
See So Pac Co
/ 1 al Har tfe S A
7s.. .1905 A-O 100
cm H & D consol 8 £
V Tal H & H of 1882 1st 5s. 1913
113 Oct '00
1937 J-J 100
2d sold i^a
111i4n3'4 Georgia & Ala See Sea A Line
n3'4J'ly'04
Cin D * I 1st RU g 5s. ..1941 Wl-N II3I4
98 »a 99^8 99 Nov'04
97
99 H: Ga Car & Nor See Sea A Line
Ist gu g 48.1953 J-J
Cin I &
Georgia Pacific -S'ee So Ry
C I St L ife C See C C C & St 1.
Gila V G & Nor See So Pac Co
Cin S & C See C C C St b
Gouv & Oswegat See N Y Cent
-See B R * P
Clearlield & Mah
103
Clev Cin C & St L gen s 4s 1993 J-D IOOI4 Sale IO214 103 ^ 28 95''8l03i8 Grand Rapcfc Ind See Penn RR
100 J'ly'04
993410114 (iray'8 Pt Term See St L S
1931' J-J
Cauo mv 1st gold 4s
99 4
98ieJ'ly'04
98 1« Gt Nor— C B & Ci coll tr 4s 1921
98
J-J
efe M Divlstg4s.l9i)l
Cin
lOl'-uSep'OJ
1921
9934 !();<
Registered. /i
1st col tr g4s..l9'.H) M-N 100»4
St L Dlv
100 Oct '04
Greenbrier Ry See Ches & O
19;'U M-i\
99 100
Bejcistered
90
102 Dec '02
Gult&Sllstrot&tg58 ftl952
1st g 4s.. 1940 M-S
SprdfcColDiv
94>2 .4.vig'03
& St Jo See C B cfe Q
Val Div 1st g 4s... .194(1 J-J 10014
105 Jan '04
105 105
ousatouic See N Y N H & H
C 1 St Ltfc C consol 6s. .1920 IVl-N 104«8
100 Sale 100
100
10 100 103
,.../(;193(! Q-P
Hock Val l8tconsolg44s. 1999
l8t gold 4s
1999
Registered
fcl930 (i-F
Registered
115i4J'ne'04
IIOH2II5I4
C0I& H V Istext g4s..l948
ClnScfc CI con l8tg5s,.19'2^ J-J 11213.
120 J'ly'03
Tex See 80 Pac
1914 J-D 125
Houst E <fe
C ifc I COUS0178
CC
1914 J-D
Houst&TexCen See So Pac Co
Consol sink tund 7s
130 Sep '04
l28"i30"' iUinois Central 1st g 48. .1951
General consol gold (is. 1934 J-J 132
1951
Registered
1934 J-J
Registered
98^4
i04i^Nov'0i
1951
1st gold 34s
1st pret 4s. 1940 A-0
Inrt Bl &
98
1951
Registered
1st pi 5s...<a93K QJ
O Ind <fe
99';
1951
99=8
Extended Istg 34s
95 ioo;'4
99»s
Peo<fe East 1st cou4s...l94(! A-O
70 Sale
1951
70
1990 Apr
70
58
70
1st gold 3s sterling
Income 4s
1952
112>2Peb'04
CoU Trust eold 4s
n2H2ll2H!
CI Lor & Wh con 1st g 5s. 1933 A-O 115
1952
Registered
Clev & Marietta -See Penn RR
116
116 Feb'04
116 116
L N O cfc Tex gold 1 1. ...1953
Clevcfe Maliou Val g 5s. ..1938 J-J
Registerea
1953
Clev & Pitts See Penn Co
70^8 Sale
70' 611 56
1950
1947 J70^6
Cairo Bridge goi<l 48
Col Midland 1st g 4s
89 Sale
90
96 82
I-ouisvilleDiv gold 3 48.1953
88
90
Colorado* Sou 1st g4s... 1929 FA
1921
Middle Divreg5s
Colum & Greenv Sei So Ry
1951
Omaha Div 1st g 38
Col & Hock Val .S'ee Hock Vai
1951
St Louis Dlv gold 3s
Col Conn & Term -S'ee N &
1951
Registered
Conn <fc Pas RiV3 1st g 4s. 194:; A-O
1951
1\ak & Gt So 6ee C M & St P
Gold 348
1951
Registereil
'alias & Waco .S'ee M K & 1
)09i8Oct '04
109isll2'58
Spring Div Ist g 348. ..1951
Del Lack & Western 7s... 1907 .\[-S 109
1 30
J'ly '04
Western Lines 1st g 4s.. 1951
Morris tfc Essex l8t78...1914 Wi-N 12614
127H2 130
130i2Aug'04
1916 J-H 132H,.
1923
Ist consol guar 78
BeUev & Car Ist 6s
128-'el33
1915 J-1)
140 Oct '98
Registered
Carb & Shaw 1st g 48. ..1932
2000 J-D
N O g 5s.. .1951
Ist ret gu g 3 >^8
Chic St
12958
12912 Atig'04
1951
1st 6s. ..1921 J-J
Registered
127 12934
N Y Lack&
114i2J'ly'('4
1923 F-A 113
1951
Construction 5s
IIII4II515
Gold 343
1923 NI-N 102 V Sale 10212 102 12
IOOI4 10534
Registered
1951
Term & improve 4s
108i4l09'8
108V4J'ly'O4
Memph Div 1st g 4s.. .1951
Syr Bing & N Y 1st 7s..l90(; A-O 10534
1931
102 Feb'03
Warren Ist refgug 3^28. 2000 F-A
St L Sou l8t gu g4s
13334 Mar'04
13334 ^3714 Ind Bl & West See C C C A- St L
Del & Hud Ist Pa Div 78.1917 M-S 13734
193fi
1917 M-S
Kegistered
149 Aug'Ol
Ind Dec &
Ist g 08
1935
Alb& Suslstcongu 78.1906 A-O 10334
106 J'ne'04
Ist guar gold 58
105 ig 108
1950
1906 A-O 102 14 1031 104 May'04
Guar gold 68
Ind I11& la 1st g 4s
104 106
1906 A-O
Registered
103 Apr'04
103 103
InlcS; Great Nor Istg 6s.. 19 19
146=8 Oct '04
Bens & Saratoga Ist 78.1921 M-N 139=8
2d gold 5s
1909
142 146=
147i2J'np,'02
1921
Registered
1921 M-N
3d gold 48
Del Riv RK Bridge 6'eePaKK
Iowa Central 1st gold 5s. .1938
IOII4
1951
Denv & R Gr l8t con g 48. 1936 J-J 101 Vi 10134 101
9534 1013.1
Retuudmg g4s
10414 J'ly'04
IO4I4 I04I4 Jetlerson RR See Erie
Consol gold i^a
1936 J-J 106 "i
Improvement gold 58... 1928 J-D
See L
llO^t 10734 Nov'04
103 109
Kal A <fe G R See Tol S cfeOM S
EioGr West Istg 4s.... 1939 J-J too sale 9934 100
an <fe Mich
<fc
C
94 101
Consol and col trust 4s 1949
89
8834 Oct '04
K C Ft S <fe M See St L & S F
83
91
Utah Cent 1st gug 4s al9i7 A-O
dl Jan '02
K C <fe R <fe B See St L & S F
Rio Qr So gu See Rio Gr So
Kan C <fe PacUic See M K <fe T
Den & S West geu s 1 g 58 1929 J-D
24 May'04
Kan City Sou 1st gold 3s.. 1950
36
24
Registered
1950
DesMoiifcEtD 6'eeCR<fcIP
Kentucky Cent See L <& N
Des M <fe M inn See Ch <fe N
Des Moi Uu Ry Ist g 5s. .1917 M-N lOoia.
110 Sep '04
Keok & Des Mo See C R I <fe P
99>all0
Knoxvllle & Ohio See So Ry
Det M & Tol -See L S & M So
99 100 100 Sep '04
Detife Alack 1st lieu g 4s. 1995
98 100
Lake Erie&W Istg 5s. .1937
9512
1995
Gold 4s
2d gold 5s
1941
95 H2 Nov'04
92 Hj 95 Ha
1951
46 Sale
Det Sou Istg 4s
North Ohio Ist gu g 5s. .1945
45
46
46
37
xi"^
Ohio Sou Div 1st g 4s.. .1941
L Sho & Mich S See N V Ceni
SlHz
8IH2
66 4 84
113'4
Dul<& Iron Range 1st 5s.. 1937
Lehigh Val (Pa) coll g 58.1 997
114 l(rov'04
10334 114
Registered
1937
LehValN Y Ist gug 4 48.1940
2d 68
1916
Registered
1940
Dul So Sliore An Atl g 5s. .1937
113J4Sep'04
llSHs.
111 II314 Leh V Ter Ry 1st gu g 5s. 1941
L''a8i ot M in u see St P M & -M
Registered
1941
l-iast Ten Va & Ga -See So Ry
Leh V Coal Co 1st gu g 58.1933
Elgin Jolct East Istg 5s. 1941 VI115
U7»8 0ct '04
113 1171* l.eU & N r 1st guar g4s..l94."i
Elm Cort & No See Leh<fc N V
Registered
1945
Erie Islext gold48
1947 ."/l-N lOt^s
ElC<fc N Istglstpt 6S.19M
114 J'ne'04
114 114
2(!ext golii OS
1919 M-S II412
Gold guar 5s
1914
11334 J'iy'04
1123811334
3d ext gold 4 Sas
1923 M-S 109 '4 110 Hi lOO'^jSep'Ol
IO8I4III
Leh & Hud li See Cent of N J
192(1 A-O 114Hi
4th est gold 58
111 May'04
111 U4'.2 Leh & WUkesb -See Cent ol N J
192,'^ J-1)
5tUextgold4s
102 Hi
103 Hz Sep '04
10341034 Leroy <fc Caney Val See Mo P
let consol gold 7s
192(! M-S
134i2Sak 134 Hj 134 Hi 30 131^6 135 '8 Long Dock See Erie
192(' M-S
132 Hi r.ii
Ist consol g tund 78
Long Isl'd— lstcong5s.ft.1931
130 Aug'03
Erie 1st con g 4s prior.. 199Li J-J 10114 Sale 10034
1st consol gold 4s
/tl931
lOl-'j
71 90 41013,
Registered
199t. J-J
9,S4
193.(ieneral gold 4s
98 >2 Jan '04
984
ist consol gen lieu g 48. .199(1 J-J
Ferry gold 44s
1922
la" Safe' 8834
91
91 1G48 84
Registered
199(' J-J
85 -'4 Feb '04
Gold 4s
1932
88
8534 8534
Penn coU tr g 48
94 14 Sale
1951 FA
Unitieil gold 4s
1949
9 3 Hi
9434 46 8834 9.") '4
I25I4 J'ne'04
ButtN \ &, Erielst73..191i; JH 127
Debenture gold 5s
125'4
1934
125-4
Bull it H
gold 6s
190^ J-J 104'4
Guarref gold 4s
1949
Clac<& ICric 1st gold 5s. .19m ,V1..N 1201-2
Bklvu & iSiont I8tg6s..l911
Nov'04
123
121
116
Jea UR l8t gu g 58
al90!i A-O lo3'al04H2 103
lst5s
191]
103 1(13
Oct '04
Long Hock consol ir 6s.. 193." .V O 1331*
NV
Bl8tcong58l93u
132 Apr "04
130 132
Coal<\e llj; Islcur gu 6s. 1922 Wl-N
118
113411834
N Y & R B l8t g 5s
1927
118 J'ly '04
Dock <fc Imp Isicur6s..l9l:' J-J 113"^
Nor Sh B Ist con g gu58ol9:!'j
113H,Nov'03
N Y it Green L gu g 58.194(i M-N 112
1 OS H. Jan '04
i()8 4 i'O'-^ 4 Louisiana*; Ark 1 si g 58.1927
N Y Sua db Ist ret 68. 1937 J-J llo'e
115 Oct "04
10941154 1..0UISV <fc Nasliv gen g 6s. 1930
2d gold 4'«28
9,Sl4l02
1037 FA
Gold 58
1937
98 Ang'04
98 101 •'8
Geueral gold Ss
194(: FA
Uuilied gohl 4s
107
107 '8
194(1
107'8
lol4107'e
Terminal Isl gold 5s.. .1943 M-N I14I4
Registered
19-Ki
117 Oct '04
1134117
Regis i^o.OOO each. ..1943 M-N
Coll trust gold OK
1931
MidRHotiS' J I8tg6s.l91() A-(; 109 "4
5-20-yr col tr deed g 48.1923
l()S78Oot'04
IOS'bIU'^s
WUkifc Ea l8tgug58.1942 J-D 112
E H <fe Nash l.st g 6s. ...1919
10641114
lllH2Oct'04
M
W
W
s~.
Week's
Price
Friday
T.
1
^a-
Bange or
Since
Nov 11
Last Sale
January 1
123ie.
A-O
A-O
A-O
1064.
104
104
High No Low
Ask Low
Bid
J-J
.
JJ
IO6I4
J-J
J-D
J-J
11034 Sale
A-O
10234 104
J-J
100 '8 Sale
.
123
107Hi
104
107
104
107 Hi
J'ne'02
Oct '04
1074 107 4
14.
Si-(ih
116
101
123
Oct '04
123
106
112
104
1
. .
Mar'9S
105
IIOI4
10234 111'*
11034
85 4
864
854 87
Oct
103
86 Hi
71
101^4 104 Hi
'04
W
—
W
W
WW
W
W
W
,
W
.
L&
W
W
AO
J-J
103 14 10334 10334
J-J
J-J
1104 Sale
10334
1
98
90
102
10534
W
B&M
W
'-2
.
.
->1I.SCI<:I.LAM<:<)II.S
mid KIcctric l-iglit
Bklyn U Gas Ist con g 5s. 1945 V-N
ilUllalo Gas 1st g 58
liu AO
lismia
Con.-'ol
188
(inx nn<l t^lrcrric
1
115
684 69
Sale
lb634
115
Nov'04
6 1121411714
7014
54
I88I4 11)8 Wl'is 19234
9934 Sale
1024
9934
106
993,
2
9534 100
J'ne'03
Istg
IIIV.
OS. ..191
FA
Hudson Co Gas ist 58..1949 M N IO4I4
Kan City (Mo) (Jas Ist g 6h 922 A-O 100
Kings Co El L& Pg 68. ..193 AC 108 '8
Purchase money Os
199 A
1214
Kd El 11 Bkn Ist con g 48 193Vi J.J
90
tr
1
Mo price Friday;
latest
A-O
M-S
A-O
A-O
.M-N
M-N
J-D
J-J
F-A
PA
J-J
J-J
J-J
J-J
J-J
FA
113
113H Mar'OO
Aug'04
94 Mar'03
!!!!!.'io.;4 991. Oct '03
70 Oct '04
104 10434 103 Oct '04
103 102 Oct '01
102 14
102
102
103
101 Apr'04
1(1514
1064 Mar'03
96I4
^6i4Sale
96 14
105
123 jMnv'99
844
854 Oct '04
7934 85
85=8 Oct '04
.
113
1034 102
95
94
70
70
1024106
02
101
1
106
101
93 "4 96»4
8434
8d<>B
93
'4
85 Hi
80
Aug'04
101 '8 Oct '99
100 Nov'OO
934
115
IOH4IO2
95
10534 Sale
10534
10534
1053, IO7I4
J-D
12541274
124 4 Apr'04
J-D
J-D
J-D
J-D
J-D
M-S
12434
II914
...
...
--.
00 Nov'98
119 Nov"03
11934 Mar'04
12441241a
,V.-S
114
94
...
93=8M.'»y'04
J-J
J-J
IO914 111
IO9I4
9938
J-J
M-N
M-S
.M-S
J-D
M-S
10618.
104
102 '8-
103
la
118
87
119»4l
98i»
1024 104 >«
1024103
Sep '04
103
106 Mar'04
1074Dec'()
99 4 Oct '04
1194
122 Oct '04
100 Sale 100
100
08
70 Nov'03
1144
11438 Oct '04
831.
86
38
88
106
106
98 101
118=8122
97 IOOI4
109 18 11434
89
85
A-O
A-O
72I4 Sale
7134
68
721.
Oct
63
112
90
Nov'08
61 4 Oct '01
90 4 J'ly '04
10734
J-J
J-J
11941204
1
l"i4
11234 Nov'Oi
A-O
116H»...
116 4
116 4
110
1164
M-N
10739...
107i4Miiy'04
107
107 Hi
J-J
J-J
...
HO
19
14
1104 1104
A-O
J-J
11014
Nov'04
11541201a
1104114HJ
1104
10434 110 Hi
105 Jan '04
116 Aug'04
109 4 Oct '99
111 Sep '04
99 Aug'04
...
9734 ...
M-S
M-S
A-O 107 4
A-O 105 "4.
105
116
107
92
111
99
100=8 106»a
1164 Oct
A O 1114...
105
116
1064 Nov'04
10334 ...
11534 ...
'04
116
1024
98
.
1164118
-J
1024
1004
1024
984
99
Oct '04
Oct '04
12214 Aug'04
96>4 0ct '04
Peo(jHS& C
90 4
88
i037gio9"
100
117
118
lOiJ
-D
-S
-D
-S
-1)
a
s
s
-0
-s
100
Oct
Oct
103>a
100 lOlHj
99 14 99 14
'04
'04
102 4Nov'u4
II3I4
101
107=8
110
J'ne'04
102
Nov'04
1043.4
105 '4
1J2
107 4
112 4
10314
121
Mar'03
UO'8
-J
108^8
108^8
-s
1024
-I)
121
-N
U434
•J
-J
103
-N
114
97 4 sale
11538
-0
-D
»4
101
9G'8lo2Hi
110
lOOislOS
no
Mar'O'.'
Sep '04
1074 107 Hi
Apr'02
103 4
10014 104 1»
115'4 121
1144 11534
121
11534 Aug'04
102=8
1('3
101 'g J'ne'04
11014 Oct '04
Sail
1995
119
105
97^
,
9»
101 -«
109
96 14
97 4
11534
11534
120 4J""e"04
103
101 ^»
11GH»
99 >9
1114 11534
105
100
4
93ifi
122
14
96 14
g 68. .1904
Ist con gold 68
1943
Relunding gold os
1947
CliG-Lcfe Cko Istgugus 1937
Con G Co of Ch Istgn g58.'36
Eq G & F Ch Ist gu g (la. 1905
Mu Fuel Gas iBtgii K 58. 1947
Syracuse Lighting Ist g 68. '51
lYenton G * El Ist g 58. .1949
2il gtx
90S
OS'
1()54112"4
90
96 H»
1024110
115^4 120»«
1004102
100 100
lOL'j Aug'()4
101
103
11S34 128
100
10134
1244Nov'(l4
124
105 10614 10434 Nov'Ol
Oct '04
109
10
10734 1084 107 Oct '04
1024
03
04^4
106 4 loos
104 107 Hi
102>»
101
104
104
1014105
109
Fell '01
I
1024
1024
104
100
106 Hi
110^4
87Hj
May'04
Mar'04
101
'8
a.
Dec '00
109
100
73'4
'0(3
Ijicrlit
NY&yKI L€fePlstcoug5sl930
N Y da Rich Gas Ist 58.1921
<fc
QrRapG LCo
113
100^4
<V;
1
Fuel See P G <fc C Co
Ga8& Klec bergCoc g58.1949 J-D
Gen Electric ileh a 3 48.. 194 F-A
IIII4
LacQa8LofStLlstg5s.el919 Q-F 108 109 109 Nov'04
90i4J'ly'04
Milwaukee Gas L Ist 48. .1927 M-N
89'.
Mut Fuel Gas Co .See I'eop Gas
N YG ELH
P g 58...194H
II214 Nov'04
112
94''8 8ale
Purchase money g 4s... 1949
94 "8
94 4
Ed El 111 Islconv g 5s. .1910
1053, J'ly '04
104 105
Ist consol gold 5b
M-S
J-J
J-J
J-J
J-J
21 1034110«%
1054 107 Hi
10014 100 '4
UO.\U.>S—Conlinueil on .Noxt I'axe.
(aiut
KdEimukn SceKCoEL&I
Ed E 111 -See xN Y (i & E L U &
£q G LN V l8l con g 58. .1932
109
1104
105 4 J'ly '04
100 ^ Apr'04
M
'
(ia.HConvdeb 6s
1909 J-J
Col sum Ga« Sec P G «& C Co
Detroit City Gas g 58
1923 JJ
Del Gas Co con 1st g 58... 1918 FA
A-O
1024.
'
W
*
904100'*
lOO'f. 2183
'04
Oct
97
Han
.
Kq G
9858
Q-J
bl^laudaakedtbU week, a Due Jan 6 Due Feb d Due Apr «Due.VLay /^Due4j'L7 icDueAog oDueUot « Due Deo
1
1
< Option
—
9
)
213G
Bond Record—Continued— Page 8
Hositn
STOCK EXCHANGE
Wkkk Endinq Nov 11
Y.
Priet
Week's
fYiday
'C
Kange or
Last Sale
A'ov 11
NOAM
N
M
() Aj
l8t
K<)I<1 (58.
2<l iiolil
...1930 J-J
laoia...
J -J
122 ...
lUHs...
119 ...
VXW
«R
Peusacula I)iv ko1(168...19'JU M-S
St hDlv 1st ffoldGs
1H'21 M-S
2(1 colli
38
M
'
.
,
SAN
J-J
IOIOb
lOT^B
M-S
iVs"
L<&
1,
NA
<fc
CU
-See
C
W
N
Stamped guaranteed
Mex North Ist
gold 6s
Mich Cent See N
Y Cent
105Hai07Ha
89
96',
10734
98 Hs
J'ly '04
A-0
A-0
lOSi^ Sale
las'!!
lOSOg
103^8
Dec '02
J-J
J-D
I08a<
10 101 Hi 107 "4
108 "u Oct '04
,
10714
no's
73 >< Sale
J-J
72'^
23% Sale 21
llh 16
J'ly
J'ly
82
74
23 H. 402
60
12
16%
14
6
94*8
90«8J'ly'0J
20
91
74 Ha
24>4
17H2
A-0
A-O
FA
94
94^2
M-S
94
96
May'OO
105
<fc
J-D 140
FA
.
al917
1920
gu g 4s. 1919
Leroy&CVALlstg5s 1926
Pac R of Mo 1st ex g 4s. 1938
2d extended gold 5s... 1938
St L Ir M<fe Sgeu con g 5sl931
Geu con stamp gtd g 58 1931
Unified
& ret gold 4a. .1929
& a Div
Registered
Verdi V I & W
Eiv
'
933
1933
1st g 5s. 1926
Mob <& Birm prior iten g 5s 1 945
1945
Mortgage gold 4s
Mob J cfc K Clsl cons g 5s. 1953
Mob & Ohio new gold 68.. 1927
1st extension gold 6s../tl927
1938
General gold 4s
Montgom Div Ist g 5s. .1947
StLi<fe Cairo coll g 4s..el930
Guaranteed g48
1931
See Southern
<fe O coll 4s
1
St
g 48.
.
1
M
113
95
S9^
118
98
97 Ha 99 14
103
Nov'Ol
101
^8
10238
96 Ha 102 Ha
84^8
Sale
Sale
Sale
86
103 "s
75Ha 87
98Hi 10534
103
HQ^
86H1
80
102
86>2
lOSiaNov'Ot
94 Nov'04
10934 Nov'04
94
88
105H2
86
94
106H2ll2Hi
IO7I2 191 99
Sale 105
107Ha
106 Nov'04
100 106
109 Oct '04
106»8l09Hi
120
120
118381221a
10634 Sale 10638 1063,
104 10914
MK
Registered
98'a
98
102
86
103
86
10234
93
109 "a
107 Hi
105 >2
105 Ha
120
111 113
I2OH2I2OH2
Oct '04
97
117
97
Sale
9812 Sale
M
Oct '04
1201a Feb '04
121
Jan '02
1-15
97
Dec '03
142
113
Il2«b
11534
113>2
N
Ist coU gold 58
Cent Br By 1st
2361
1997
M-S
F-A
lOSTg Sale
95^3 96
J-J lOl'e
F-A '103 103%
J-J 116 lie's
A-0 11534
lOBH
A-O
10934 Oct '03
FA
J-J
116
94 Ha Sale
M-N
94^8 Sale
MN
'
lOS^g
103*4 108^8
95 '2
95 Hi
100 May'Ol
102HaAug'04
116
116
llS's
93 Ha
94
911s 96
11138118
llS^s
94Hj 129
9438 27
84
91
94 12
90
M-S
100
J-J
J-J
J-J
II2I2.
lllHjMar'04
95 Nov'04
IIII2IIIH2
91
95
J-D
12834 ISO's 128»8 Nov'04
122 ....
121
Apr '04
123*4 12858
Q-J
95
.
.
M-S
97
F-A 115»4....
92 ....
Q-F
J-J
101
....
101
10
121 130
90
94H»
113Hall6>8
88Hal01
98HiNov'03
Moliawkc&Mal SeeNYC&H
MonongaUela Riv See IJ & O
Mont Cent See St P M <fc M
Morgan's ha & T See S P Co
Mich Cent Ist consol 68.1009
1931
1931
W
Riv g
31-28.1997 J-J
lOOifilOOii 10038
1997 J-J
99"%...
Debenture 5s of.. .1884-1904 .MS
Registered
1884-1 904 M-S
Regisl deb 5s of. ..1889-1904 M-S
Debenture g 48
1890-1905 J-D 100*4
Registered
1890-1905 J-D 100 Sa
1905 M-N
Debt certs ext g 4s
9912
Registered
1 905 M-N
9878
Lake Shore coll g3i28... 1998
90 »2 Sale
Registered
1998 FA
89>4 91
Mich Cent coll g3>a8
1998 FA
89^4 90
lifgistered
1998 FA
Beech Creek Ist gug4s. 1936 J-J 106»8
Registered
1936 J-J 106>8.
2d gu gold 5s
1936 J-J 108 >4.
Beech Cr Ext Istg 3 ^iS 61951 A-O
91Hi.
FA
.
1911
FA
Contin'lalC Istsf gu58g.l952
Gr Riv Coal A C Istg 6s. .1919
Jert AClearC A I Istg 58. 1926
2d gold 58
1926
A C 1st s tg58.1951
Pleas Val Coal Islgst 6s.l928
Tcnu Coal gen 58
1951
FA
Trust Co ctfs
KanAHC
68
99
100*4 375
139
Jan
10908 Apr '04
121 Oct '04
121 J'ly '04
IO6I4 J'ne'04
109
121
121
105410614
109(i8ll2>4
122
121
.
y6'4Mfty'04
.
Nor Pac— Prior lien g 48. 1997 Q-J
CBAQcolltr4s Se<QtNor
StP AN P gen g 68. ...1923 F-A
Registered certilic's..l923
St Paul A DtU 1st 5s.. ..1931 F-A
2d 58
1917 A-O
1st consol gold 4s
1968 J-D
115HaSep'04
119 Ha Aug'04
11334
Jan '02
10414
Apr '04
104
101
Mar'Ol
131*4
Apr '03
lOl'g
10214
101 Tg
10214
104
105
12218
I0714
,
102 14 Sale
lOl'gSale
104"^ Sale
104H2
100
108 Ha
132 "2
95 i^ Sale
109
'101 Ha 102
100 Ha
,
125
132
,
110
112Hi
50 1321^1 321^
isa
12514 lo2»4
96 Ha
10-234
99*4
99*4
Oct '04
J-D
112
,
,
,
I22I4I25
J'ly '99
112i4J'ly'03
Sale
W
36 100 Hz 105
69 lOlHalOoSg
105
1051.,
104HaOct '04
101 104=8
74I4
75 H? 153 70 14 75*4
6 68*4 75 14
73Ha
74H;
97 Ha Aug'04
97«6 97=8
115
111
Nor Pac Ter Co Ist g 68. .1933 J-J
Nor Ry Cai See So Pac
Nor Wis See C St P M A O
Nor A Mont See N Y Cent
See C C C A St L
OInd &
lOl'glOlTg
102141021*
87 Ha 95*4
112 112
10l*4 '"i 99I4 103
107 Nov'04
90 Ha Aug'04
94 Aug'04
Salo 118
118
loo's
104 10414
12 102*4 106
101 101
953,
95 Ha
112 Ang'04
10114
Sale
12378
119*8
11238
101
113 llSHi
UeHallflia
99*4 J'ne'04
'51
75 >« Sale
74 Ha Sale
98^8
108
132 Ha
132*4 Aug'04
Sale
'
105
104"8
Dec '03
110HaOct'04
130 Aug'03
129I4
131Ha
ISO's
101
lot's
92
118
1948 Q-M
»7i«
ioo" Sep "'03
.
Q-J
Q-F
Q-F
J-D
J-D
9014
.
105=8
N Y Chic A St D let g 48.1937
Registered
1937
N Y A Greenw Liake See Ene
N Y A Har 6e« N Y C A Hud
N Y Lack AW S«« D L A W
N Y L E A W See Erie
NYALongBr See Cent of N J
NYANENew Hav & Hart^
SeeNYNHAH
New York
Housatonic R con g 5s. .1937 M-N
N H A Derby con g 58.. 1918 M-N
1905 J-J
N Y A N E l8t 78
Ist 6s
1905 J-J
N Y A North See N Y C A H
N Y O A W ref 1st g 48..ffl992 M-S
Regis $5,000 only
^1992 M-S
N Y A Put See N Y C A H
N Y A R B See Long Island
N Y S A W See Erie
N Y Tex A M See So Pac Co
Nor A South Istg 5s
1941 M-N
NortA West gen g 68
1931 M-N
Improvem't A ext g 68.. 1934 FA
1932 AO
New River Istg 6s
N A W Ry 1st con g 48.1996 A-O
Registered
1996 A-O
PocahC A C Joint 48.. 1941 J-D
CCA T 1st gug 5s
1922 J-J
Scio V A N E Ist gu g 48 1989 M-N
North lUlnois See Chi A N W
North Ohio See L Erie A W
g4s
Hi
98 IOII4
98 lOOag
98 Ha 101 ^s
'03
113*8.
II6H2.
10714.
R W& Ocon I8text5s./il922
OsweA R 2dgu g5s...el915
BWAOTR 1st gug 58.1918
Utica A Blk Rivgug48.1922
lOOBs
13
Nov'04
9634 101*4
101*4 j'ne'04
98
100
100^8 Apr'04
10034 lOO's
100
100 Ha Mar'04
101 Aug'04
99 Dec '02
99*4 May'04
99HjNov'02
90Ha
393g
10238
lOOHalOOHi
100 101
99 Ha 101 1«
86
86
893b
85I4
93 Ha
91Ha
9II4
Jan
91
«
'03
J'ly '04
104
Mar'04
102
91
Sale
82=8 Sale
107Ha
A-O
J-D
J-D
J-J
J-J
J-J
10618
102
lOS ]07Ha
9514I02
18 69
91
82=8 677 69 Ha 83
81 Ha
107=8 Nov'04
106=8 10776
102 Hi J'ly'tM
102 Hi 102 Ha
107 May'97
102 Hi Oct '03
1
106 "4 Feb '02
105 Oct '00
92H2 95*4
96
Nov'04
J-J
J-J
MS
M-'ri
NAC Bdge gen gug4H2S 1945
J-J
J-J
PCCAStLgu4H28A...1940 A-O
Series B guar
194i A-O
1942
4s guar
1945
1949
3H: guar g
A C 1st 7s... 1912
1912
M-N
M-N
3d 78
/il912
A-O
Series
Series
Series
Pitts Ft
C guar
D
E
W
RR
II5I4
111
11514
111
10DHal08i4
96Ha
96H»
85
111
94
119
110
111
11714
113H>
96
J-J
J-J
102HaJ'ne'04
.
105
111>4
102
110
.
.
105*4 J'ne'04
.
92'4.
102
92 14
97 Ha
118
92 '4.
97*4
Apr'02
110
.
.
114H)...
113Ha...
95 ...
95*4 ...
96'4...
9614 ...
102Hil02Ha
110i»
108
105*4 108
Ha
Nov'98
Dec '03
Nov'04
Oct '04
9678 9914
118 120
IOSI4 Aug'03
96
102
98*4
Jan '01
Nov'OO
Apr '04
96
96
98*4 "98*4
107Ha...
1 1 1 Hi
110 "2 Aug'04
lllHill2Ha 111*4 Oct '04
108*4 ...
110 Aug'04
102 ...
104 Hi Oct '04
93 Ha Sep '04
93Ha...
12018...
127»8 0ct '02
120ie...
121 Mar'04
120»8...
119 Apr'04
103»8-..
107 H» Mar'04
. .
108
llOi-i
109*4 111*4
110
101
90
Ha
110
104 H»
93 Hi
121
119
104 Ha 107 Hi
121
119
nnd Telephone
Am Telep A Tel coll tr 4s 1929 J-J
Comm Cable Co Ist g 4s.. 2397
Erie T A T col tr g a 5a. 1920 ?:j
1918 M-N
MetT A T lets gSs
N Y A N J Tel gen g 5s..l9'20 M-N
f
f
>.^
ext4His
92
.
West Union col tr cur 58.1938 J-J
Fd and real est p 4 Has... 1950 M-N
Mut UiiTel s fund 0s...l911 M-N
North w Tel gul 4 Has g.. 1934 J-J
Am Cot Oil
11114 Oct '04
.
on Next I'age
.Ylanulncturin:;
91*4
FA
Ist real est g 48. 1923 M-N
1905 J-J
Consol sterling g 6s
Con currency 68 reg...(?1905 Q-M
Penn
110
106
A-O II8I4
A-O
Series B
1942 A-O
Series C 3Hj8
1948 M-N
Series D 3 Hjs
1950 F-A
Erie A Pitts gug 3 Has B.1940 J-J
Series C
1940 J-J
Telefoiiiih
55 Nov'OO
107 Ha Oct '04
101
101
90
91
A-O 103*4
M-N 100
2d7s
91
89 Ha Oct '04
105
102
100
AUSCEL.LAKEOUS BONUS—Continued
ConI and Iron
Col C A I Dev Co gu g 68.1909 J-J
Col Fuel Co gen gold 68...1919 M-N 106 '4
Col F A 1 Co geu s 1 g 5s. 1943 FA 102
Convertible deb g 5s
9634
Y A Harlem g 3Ha8...2000
Registered
2000
NY' A North 1st g 5s. ..1927
Ist
1
NYC
W
Registered
.
95
N
Wash Cent
12 106*4 109
43 106 Ha 109
lOOHiNov'OO
LA
. . .
N YCent& H
106
Registered
1 94(i
J
1951
S l8tg 3Ha8
1952
l8tg3H!S
Bat C A Stur Istgu g 38.1989
Registered
1997
General lien gold 3s
a2047
Registered
a2047
St PaiU-Dul Div g 4s.. ..1996
Registered
1996
1
Jiigli
i2i"is''ov'03
118*4
1940
Oswego A Rome See
<fe Essex See Del LkS;
120 124Ha O C F A St P See C A N
NashChat<fe StLlst7s.l913 J-J 123 124 123i^a Nov'04
31 IIOHJII6I4 Pac Coast Co 1 st g 5s.
Ist consol gold 5s
1928 A-0 115 Sale 114 Ha 116
194G
Jasper Branch 1st g 68.. 1923 J-J II912
ac of Missouri See Mo Pac
113 Dec'99
Panama 1st s fund g4Has.. 1917
McM M W<fe All8t68..1917 J-J 117
113 H2J'ne'04
ll3Hall3H2
Smk fund subsidy g 68. .1910
T & P Branch Ist 68....1917 J-J 115
113 J'ly '04
113 113
Nash Flor & Shel See L <fc N
Penn Co— Guar 1st g4Has. 1921
Registered
1921
Nat of Mex prior lien 4 >2S. 1 926 J-J 104
10214 Aug'04
100 103 Ha
8OI4
1951 A-O
80»2 7934
Guar 3 Has coll trust reg.1937
1st consol 4s
80' 15-73
Guar 3 Has coll tr ser B...1U41
NewH&D SeeHYNH&U.
Tr Co certif's gu g 3Ha8.]9i6
N J J unc RR SeeN Y Cent
New <fc Cin Bdge See Peiiu Co
C St L A P 1st con g 58.1932
Registered
1932
N O&N E prior lien g 6s j>191o A-0 1123^..CI A P gen gug 4 Has ser A. '42
N Y Bkln & Man Bch See L 1
Morris
Feb '02
H<
1()9
hio River RR 1st g 58.1936 J-D
General gold 5s
1937 A-0
Ore A Cal See So Pac Co
RR A Nav See Un Pac
Ore
Ore Short Line See Un Pac
94 Hi J'ly '04
11434 Sep '04
101
0ct04
114
129
120
109 Ha
122
.
101 10318
109 Ha 116
IOII4
99»B
C'l RR Ist 58. .1934
McK A Y 1st gu 68.1932
1934
McKees&B Vlstg6s 1918
Registered
109
IOII4
100S8
IOOI4
IO4I4
l22Ha
12OI4
132Ha
Pitts
5s
109 Ha
109
lOOOgSale
KaA&G Rl8tguc58.193S
Imw
107 Ha J'ly '00
105 Oct '02
105HaNov'01
lOmiOlHa
3128.. ..1997
48
1909 J-D
1st gold 78
Paeitlc Ex Ist gold 6s. ..1921 A-O
South West Ex 1st g 7s. 1910 J-D
1934 M-N
Ist consol gold5s
Ist and refund gold 4s.. 1949 M-S
Minn <fe St L gu See B C R <fe
con g 4 int gu '38 J-J
St P & S S
P Ist 5s stpd 48 int gu 1936 J-J
1st g 4 int gu 1926 J-J
SS
<fe
<feM
Minn Un See St P
Tex 1st g 4s. ..1990 J-D
Mo
2d gold 48
ffl990 F-A
1944 M-N
Ist ext gold 5s
St L, Div Ist ret g 48.. ..2001 A-O
Dal<feWa 1st gug 58... 1940 M-N
Pac 1st g 4s... 1990
E 1st gug 58. ..1942 A-O
cfe T of T 1st gu g5s.l942 .\I-S
SherSh<fe So 1st gug 5s. 1943 J-D
1900 M-N
Missouri Pacitic 3d 7s
1920 M-N
Ist consol gold 6s
Trust gold 5s stamped. al917 ;M-S
KanC&
.MoK&
104
101
Mahon
91Ha 99
Migh
loO
109 Ha Sale
109 Sale
1928
Debenture g 48
Det Mon <fc Tol Ist 78.1900
Mar'03
9S»8 Oct '04
Since
January
"95"Apr''02
104*4
Nor <fc Mont Istgu g 58.1910
West Shore iBt 48 gu...2301
Registered
Ask Low
100 Ha
89 'a
f
Lake Shore gold
(fee/c"*
Hange or
Last Sale
Bid
li^-f CoiUlnued
2d guar 08
Iowa Ex
Kan&
&H
•ss;
11
CartA Ad Istgn g 48.. .1981
Clearr Bit Coal Ist 8 48. 1910
Gouv& Oswd Islgii g58 1912
Mob A Mai Ist gu g4H..19'.ll
N J June R gu iHt 4H...19S6
NY&Pnl8tcongiig48 1993
115
117
<fe
M
M
M&
M M A
Cent
Nov
E.noino
Kangt
Price
J'Yidav
A'ov 11
EXCHANGE
Registered
115
112
of
<fe
•
NY
il6"'i'l'7'Ha
Jau'04
115
117
110
1977 .M-S
1910 J-D
N J See Erie
MU L, S & W See Chic N W
Mil & Mad See CUic & N W
MU North See Ch M St P
•Minn & St L Ist gold 78.. 1927
'Mid
»7m0166
lOl^s
Oct '04
Oct '04
ii'e'
iiii^
115 116
& L
LS& M
122
NoT'99
'•J
Wkkk
I
S
Coal See
anliattau Ry consol48.1990
1990
Kcpistered
u^etropol El 1st g 6s. ...1908
Hans Coloniz g 58.... 1934
Y Cent
McK'pt <fe B V See
Metropolitan El Set Man Ry
Mex Cent consol gold 48. .1911
l8t consol income g 3s.al939
2d consol income g 33..al939
1917
Equip<fc coll gold 5s
1919
2d series gold 5s
Coll tr g 4128 1st Ser.... 1907
Mex Internat Ist con g 48.1977
Malion
107
95
90
119
J'uo'02
lOlOfc
95
J-J
J-J
K-A
F-A
K-A
Apr '04
122
76
113
107 Hi
Sinkfunilgold6s
1910 A-0
Jell I5dgeCofrug48..1945 M-S
'
.
M-S
106»8lO5'%
123V, 130 Hi
Aug'03
11638 Mar'02
122*4
1U8() m-f;
HeiKler Bdgf- Ist sf k6s.11)31
Kentucky Cent RoUi 48. .1987
-JUiiif <fc jM& JI Istg4'..8l94u
L<fe N.Soiith
Joint 48.1952
Hegislered
1952
NFla<S)S Istgu s 58... 1937
Pens* All l8t pug G8.. 1921
Ala coil gu g 58. .1930
N. Y. KT0(;K
1
Low High
Uig/i
ion<% io5»8
130'-^Ocl '04
[Vol. lxxii.
HON US
Hant/e
Since
January
ABk Low
Louisr <& Js'aaliv (Continuedj
Bid
1051%
1j Cln ifc Lox Kol.l 4Vj8...iy31 M-N
.
.
94 J'ne'04
100 Ha Apr'02
109 Oct '99
iio'i^!""! 10934 J'ne'04
90
94
109*4 109*4
105 14 J'ly '03
104 Ha
105 110*4
Ill 111*4 110'4 Nov'04
104 ig 33 101Hal06Hj
104 Sale 104
I07I4
107
107
107 J'ne'04
102*4
103
J'ly'04
100
9G»4
iOO
Oct '04
95
103*4
Industrial
1915 Q-F
100
87*4
8 70
Tonn Div 1st g 6s
87*<
8734 87 Ha
al917 A-O 110 111
LIO Sep '04
102 11278 .4.m Hide A L Ist stgOs.. 1919 M-S
9479
Birm Div 1st consol 68.. 1917 J-J 1X2 n3is 112 Nov'04
94
1 82
93
93 Ha 94
101Hall278 .\.ra Spirits Mfg 1st gOs.. 1915 M-S
74
88
1
Cah C M Co 1st gu g Os. 1922 J-D 100
86
Am Thread 1st col tr 48... 19 19 J-J 86 88H2 86
102
Dec '03
De Bar C A I Co gu Os. 1910 FA 104
llOigSale 106*4 110 Ha J413 106*4 llOHj
104 I4 Oct '04
ioo'i^ io'-i'ia Am Tobacco now) Os Tr Co ctfs
V [ron Coal A C o Ist g 5s. 1 949 MS 8 D Hi Sale 79
63=8
69 Ha Sale
70 S495 63=8 70
48 Morton Trust Co ctfs
g
80 H; 83 66Ha 8OH2
Wha LEA P C C Istg us. 191 J-J
105 Jan '00
32 Jan '00
Bar A S Car Co 1st g 68. ..1942 J-J
•No price Friday; latest bid and asked this week, a Due Jan & Due Feb eDuejiny jrDueJ'ne /i Due J'ly j> Due Nov « Option sale.
(
—
Nov.
BONUS
Range or
Last Sale
11
Ask
Bid
RR—(Continued)
Consol gold 5s
Consol gold 4s
Convertibles 'S^a
Penn
MS
1919
194S M-N
11218
lUi2Sep'04
lOti-j
lO'J'i Sale
ab F-A
GrB<fe Iexl8tgug4i2sly41 J-J
Sun<fe Lewis Ist g 4s. ..193b J-J
tJ N J BR <fe Can gen 48.1944 M-S
Pensacola & Atl See L <& Nash
Peo <fe Ea8t SeeCOG& St L
Peo & Pek Un 1st g 68.... 1921 Q-F
&192] M-N
2dgold4i3S
58 1921 J-D
Pere Marq-CU&
WM
1920 A-O
19dy
l8l consol gold 58
Pt Huron Div 1st g 58.1939
48.1931
SagTus <fc l8t gu g
H
M-N
A-O
Beading cons 78.1911 J-D
Pine Creek reg guar 68. ..193^ J-D
Pitts Cln <fc St L See Penn Co
-Hiy/i
94I2I03
'04
Gen gold 48
Waco & N
107'%
111»2
110i2Sep'04
UOI2III
Oct
May'04
121
101
109
i'.?0i2i-':u
98
WiH HI
111
101
US
J'ly'(l4
Apr '02
r20L,Oct '04
122
10734 1111.;
11212 113^4 112 14 Oct '04
109i4ll23e
Apr '04
1191411912
19
137
1
"^4
Nov'97
W&
NY
&Y
1997 J-J
J-J
Reading Co gen g 4s
1997
Registered
Jersey Cent coll g 48.. .1951
& Sar SeeD&
Kensselaer
Bich & Dan See South Ry
Blch A Meek See Southern
Bio Gr West See Den & Bio Gr
Bio Gr Juno 1st gug 6a.. .1939
1940
Bio gr So Ist gold 4s
U
Pitts
/See
J-D
120 Oct '01
112 12 Deo '02
122112.
Ill
.
118
116
,
114i2Sep'04
98 J'ly'97
.
112>o
101 '8 Sale
1171-^
101^8
114'8n7
'04
228
K'2
Nov'04
100k 100
96»8 Sale
Oct
114121171'.
96
9601
134
94 '8 102
98 100
9138
97 12
lllHilie
66
70
llli2J'ly'04
68 J'ne'04
llOiilll'-.^
68
871a 87 12
631.^
87i2Sep'04
103^4 May'04
103
10334 104
101i4Nov'01
93
94
9134
93
84
93
M&
M-N
M-N
J-J
J-J
J-J
A-O
I0318
10318
12618
II3I4
99 101
9718
88 Sale
106 12 Oct '04
103«6J'ne'04
126 Sep '04
113 le Nov'04
9812 Oct '04
100 Jan '04
lOSieK^eiQ
10312 10308
12234 127
110 11318
98
96
100 10(1
579 79 12 881,
'1
M
Registered
fcl94y
A& N W l8tgug58....1941
Cent Pac Ist
J-D
J-D
A-O
J-J
J-J
J-J
J-J
M-N
J-D
J-D
82
80i«
Salt;
IIOI4.
13463.
242
82
140 May'02
IIII4II312 Ill's lll'^s
lieigApr'Ol
111
111348(^0 '04
101
104 Nov'04
106 May'Ol
10258
10238 Oct '04
ib7 "'•211234'
1091211134
100 104
102»8 19412
.
125 14.
134 12
118
II8I2.
Apr''02
Apr'
Apr '9
11634 Sop '0
117 Jan'O
iH-S
109 '8.
110
Jan
J-J
105
11334
Dec '01
A-O
84
M.N
10218
65 12 82
10 IQ-isllS
130 134''8
IIOI4 1101,
13438 Oct '04
128
135
115
.
133
135Ba
n4i2ll6'^4
117 117
J-J
.
'04
110
110
66
<fc
A-O
M-N
M-N
Sabine Div 1st g 6s.... 1912
1943
Con gold 5s
1994
1994
Beglstered
Mob & Ohio coll tr g 4s. .1938
Mem Div Ist g4i2-5s... 1990
1951
St Louis div Isl g 4s
1918
Ala Cen R Ist g 6s
1948
Atl<fe Danvlstg4s
1948
2d 4s
Atl & Yad Ist g guar 48.1949
1916
C0I& Greenvlst 6s
Va&Ga Div g 6s.. 1930
1956
Con Ist gold 5s
1938
E Tenreor lien g 5s
1922
GaPac Ry lstg68
Knox & Ohio 1st g 68. ..1925
1915
Rich & Dan con g 68
1927
Deb 58 stamped
Rich & Meek Ist g 48... 1948
So Car & Ga Ist g 68. ...1919
Virginia Mid ser C 6s.. .1916
1921
Series D 4-58
1920
Series E 5s
1936
General 5s
1936
Guar stamped
1st cy gu 48. .1924
O&
West N C Ist con g 68.. 1914
M-S
J-J
J-J
J-J
M-S
J-J
J-J
J-J
J-J
J-J
A-O
J-J
J-J
M-N
M-S
J-J
J-J
J-J
A-O
M-N
M-N
M-f-
M-S
M-S
M-N
M-N
W
Stat Isl
;See
<fe
FA
J-J
N
Ist
W
See D L <fe
Ist g 412S..1939
A 01 St L
i 1st con gold 5s.
A-O
1894-1944 P-A
1953 J-J
Gen refund s t g48
BgeTergu g 5s. 1930 A-O
St L
. . .
M
W& W
84
96
104
93
J-J
97
J-J
IO5I4
J-J
J-J
100
J-J
J-J
J.J
1061^
110'2
11034 Sale
110^4
12
Oct '04
10434 10434
102 10934
11034
IO5I2IIO34
10434 J 'ly '04
109
llli4May'03
J-J
102 12.
1021*10214 102 ifl
94 14
95 ^ Sale
J-J
110
1933 M-N
91
11034
J-D
J-D
J-D
WTlst g 58.1933 M-N
1935
General gold 5s
Kan* 1st gug 4s.... 1990
Ist gold 4s. ...1917
Tol P <fe
pr Uen g 3 i2S.1925
Tol St L &
1950
60-year gold 43
Ham & Butt Ist g 48-/11946
Tor
Ulster&Dellstcong68 1928
1952
1st refund g 4s
M
WW
102
Jan
S
9534 146
9412 Aug'04
1<
104
10312.
.
J-J
J-J
A-O
J-D
J-D
A-O
TJnPaoRRcfc Igr g4s...l947 J-J
1947
1911
1911
Ore Ry & Nav con g 48.1946
Ore Short Line Istg 6s. .1922
1946
1st consol g 6s
1927
48 & participating
1908
Utah & Nor 1st 78
1920
Gold 58
Registeretl
Ist lien convert 4s
Registered
J-J
M-N
M-N
J-D
FA
J-J
,
12912
.
Utica
<fc
Black
R
See
Oct '0
101 Hi 102
9914 Mar'03
88 Si
8834
1 09 '2 Oct '04
103 Sep '01
110 Nov'04
110 Oct '(14
10714 Oct '04
i
9778 1021s
8712 9534
H534 9412
97 \Vi\
97i4l02i»
84
8834
10 7 1091.^
iooi2io:!34
10638 11312
III1I4
105
IOOI4IO7I4
IO312IO3I2
103 12 J'ly'04
122 12
129i2lS0ia
121 1221a
106 'h....
106 Sep '04
104 ^^6 107
113 Jan '01
100 Jan '04
100 100
89'4 Sale
88 'q
8934 28 76
9038
IO8I4I091. 109=8 Sep '04
10900
10.1
109 Is
llO-'iaOct '04
I0534 1103*
100 12
lOO-g Oct '04
10038 102
IOII4
102 Oct '03
102 I4
10434 Sep '04
102 10434
113 I2
113 Oct '04
112 I2II5I4
113-2
114i2Apr'04
114 I2II4I2
114
119 Feb '04
119 119
108 12 110i4 0ct '04
107 IIOI4
108 14
108 Sep '04
108 10834
10138
103 Oct '04
103
101
109 '4
109 Sep '04
109 109
IO5I2
103 Jan '04
103 103
118 -2 Sale II8I4 11834 24 111 11834
110 Feb'04
108 110
9014 96^8 96
9713
96
92
116-'8...
11512 Oct '01
114 II512
98^2 99 12 98 "2 Oct '04
99
93
117''8...
117 '2 Apr '04
115 II7I2
95 Si 9612 90i2O(:t '04
96 13
91
.8912 91
90 Sep '04
90
90
92
116%. ... 118 May'04
118 118
116 .... UOHjOct '04
113 iieia
I20I4I2I 1193i 121
117 12134
11238....
llli4 0ct '04
109 112
I2
123
12334
123>4
II8I4 12334
124
125 Sep '04
120 125
117 <4 120 118 Oct '04
118
114
110°8....
112 I2 Sep '04
112 1121a
88 ....
87'2J'ly'04
87
87 S
107 12.... 107 14 Nov'04
lOSiallOia
II4I2
123 Feb '02
108 .... 109 Oct '04
109 110
111'4 ....
115 Jan '03
112 ,
117 Oct '04
110 117
110 Hi May'04
IIOI2II2I2
91
93 Dec '03
114'8.
11534 Sep '04
II212II7
II6I4
101
.
117 J'ly'OO
104 lo Sep '02
UO
10938...
110 May'04
II8I4...
118 Oct '04
1003b 100 12 Nov'04
112 ...
112i8J'ly'04
IOII2
121 1«
98
liO
IOII2
12116
il4''M
110
II214 11818
100
941..
1
00
i-j
11218
100
115
80
108
102
122
HI
II8I2
9434
109 12 Aug' 04
11014
105 '4 106
11 101
106 12
114 Sep '04
II2I4 116
111 May'Ol
111 lU
10858
107 Sep '<i4
10312 10734
94 '4
Vii
Oct '04
06
91
9112' 93
92 Oct '04
92
86
8912 903, 90 Nov'04
00 '8
81
81 Sale
8034
821-2
81
36 68
9;)i4 Sep 04
9618
95 14
94
112i4Sale II2I4 1121.
IO6I4 113
93I2 Oct '04
9134 94^8
lOOi^Sale 105 14 106
131 100=4 IO6I4
'10312 10438 104^2 Oct 04
10038 1041-2
112i2isale U191.2
II3I4
94 12 114=8
109 's Nov'04
9034 110
103 104 103 1« 104
'JXh 104
125 12514 I25I4 125 14
I2OI4 1251-2
II8I4 Hale
118
104
112
104 14 Sale
110 Sa
118'4
104 '4 )94
9934 I0414
Doc '03
II4I2 Apr '02
N Y Cent
W .Vee Mo P
Ver Val Ind & See South Ry
irginia Mid
Southw't l8tgu5s.2003
1939
1st gold 58
2d gold 58
1939
1939
Debenture series A
1939
Series B
1st lien equip s Id g 6s. .1921
Det&Ch Ext Istg 58. .1941
Des Moin Div Istg 4s. .1939
1941
Om Div Istg 312S
T0I& ChDiv Istg 4s.. .1941
St Chas Bridge 1st g 6s. 1908
Warren See Del Lac & West
Wash Cent See Nor Pac
Wash O &
See Southern
West Maryland Istg 4s... 1952
West N Y & Pa 1st g 5s.. 1937
Gen gold 3-48
1943
dl943
Income 5s
West No Car 6'ee South Ry
VaCent& P Ist gOs.. 1911
Wlieel'g& L E Istg 5s... 1926
Wheel Div Ist gold 58. .1928
W
Exten & Imj)
20-year equip
1st consol 4b
Htu/i,
110 11314
112 113
90 12 96
I29I2
122
.
1041a
Uni N J BR & C Co 6ee Pa RR
Utah Central See Rio Gr Wes
Utah <fc North See Un Pacific
Ao Low
1131.
Sep '04
Sep '04
127i2Feb'02
J-J *107
11736 Sale
107
117
107
M-N
F-A
J-J
J-J
110i4Sale
IIOI4
111
M-S
J-J
96
IIII2I12
MS
95
A-O 100 1<
A-O
89
J-J
Wilkes <fe East
Wil <fc Sioux F 6'ee St P
<fe M
Wis Cent 60-yr Ist gen 48.1949 J-J
"3
Feb'04
87 12
94
56
95
102
102
68=8
IO6I4II2
90
90
7979
83»8
95
95
84
89 >2
11734 Oct '04
115
11734
95 14 Nov'04
Salt-
93
96%
Sep
112
Ill's
,
II014
10912
102
9 14 Sale
89 \
:^5:^
Mar'Ol
40
A-O 11214
J-J
gold 58. ..1930 F-A
1922 J-J
s f 58
1949 M-S
See Erie
IIII2
1818
"26
95
95
109»2Mai'03
Nov
J-J
'04
SHOg Aug'04
85
Sale
II8I4
9612
A-O
68
90
8234
1 100 12 107
55 II4I2II9
10l>l4 111
20
J'ly'04
Jan
IIII2
J-J
A-O
11738
95
65
102
6778 Sale
95
W
'03
102 H,
llH-'8
J-D
A-O
Since
Januarii 1
113
96
gu g4i2S..1943
NY
'I">er
95
12734
12078
jHiah
I1314
,
I22I2.
Nor 1st g 6s. 1939
<fe
Ry
Syra Bing &
L
Wabash
rel gu g 4s 1949 F-A 10112 102
1949 F-A
Mort guar gold 3>a8..fcl929 J-D
SShj 89
GalHar<fc 8 A 1st g 68.. 1910 FA 109
2d gold 78
1905 J-D 103 105
Mex& Pac Ist g 5s 1931 M-N IIOI3
Gf la VG<feNl8t gug 58.1924 M-N
Ist guar 58 red
AO
AO
Va&
84
83
102
102
92 14 Aug'04
100 Sep '00
Registered
Hoas E
J
A-O
E&
W
W
. . .
J
J-J
A-O
1.^
M
CoUtrietundgSs
1911
Car Cent Ist con g 48.. .1949
Fla Cen <& Pen Ist g 6s. 1918
Ist land gr ext g 58
1930
Consol gold 58
1943
Ga& Ala Rylsl con 5s 01945
Ga Car & No 1st gu g Ss 1929
Seab& RoalstSs
1926
8her Shr <& So ;S'ee
K&T
SU bp Oca & G See Atl Coast L
Sod Bay & So Ist g 58
1924
So Car & Ga See Southern
8o PaoCo-CoU tr g4H28..1905
Gold 48 (Cent Pac coU).A;1949
J-J
Ask Low
II2I4.
IIOI4
881.
87%
Tex & N O *ce So Pac Co
J-J
Tex<fePacEDivlstg6s..l905 M-S 101 12 Sale
94 Oct '04
94
J-D
94
123i2Nov'04
2000 J-D 120'>8 12118
1191212312
1st gold 5s
M-N 124
86I2
94 "2 Sale
04 78
920OO Mar
87 Sale
2dgoldinc5s
87
A-O *y8i2
8714
1931 J.J 110 12
La Div B L 1st g OS
A-O
Mln
N 1st gu 5s '30 F-A I116I4IO714
32 91i2l003f, T0I& O C 1st g 5s
97 Hi 98
1935 J-J II414 ....
9733
98
M-N
11 7012 83
85^2
85 12
Western Div 1st g 5s... 1935 A-O 110
J-J
85'!
EMinnl8tdivlstg5s..l908 A-O
Nor Div 1st gold 4s
1948 A-O
Minn Union 1st g 68
1922 J-J
Mont G Ist gu g 6s
1937
Beglstered.
1937
1st guar gold 5s
1937
Wm<£ S F Ist gold 5s. .1938
etP&NorPao <S'ceNorPao
St P & S'x City See C St P
<feO
Salt Lake C 1st g s f 6s. ..1913
8 Fe Pres & Ph Ist g 68...1942
8 A & A P See So Pac Co
8 F & N P 1st sink I g 58.1919
SavF&West See Atl Coast L
acioto Val <fc N E See Nor &
Seaboard Air Line g 48 ...1950
J-J
AO
el910
Ist guar g 68
1905
SPof Cal 1st g 6s
1905
1st gOs series B
1st g 6s series C<fe D...1906
F...1912
Ist g 6s series
1912
1st gold 6s
1937
1st con guar g 58
1905-.. 193/
Stamped
S <fc N Ala
Spok FaUs
;S'ee
W
A-O
SoPof Argul8tg6s...cl909 J-J
W
L <& Iron Mount See M P
Wabash
StLKC&N
St L M Br See T RR A of St L
St
M
M
J-J
Southern— Ist con g 58
B B c& P
Borne Wat & Og SeeHY Cent
1941 J-J
Butland 1st con g i^s
Eut-Canadlstgug48...1949 J-J
Tus & H See Pere Marq
Sag & Gr Isl Ist g 48. ..1947 J-J
t Jo
St Law & Adiron Ist g 58.1996 J-J
1996 A-O
2d gold 68
St L & Cairo See Mob & Ohio
St L & S Fran 2d g 68 CI B 1906
1900
2d gold 6s Class C
1931
General gold 68
1931
General gold 58
8tL«fc S K BR cons g 4s. .'90
Southw Div 1st g 6s. .1947
Rel'unding g 4s
1951
5-year gold notes 4'<2..190k
K C Ft S <fe cong 68..192y
K C Ft S & By rel K 48 1936
KC&MR&Blstgu 58.1920
8t Louis So See Illinois Cent
Ist g 48 bd ctfs.lOSO
8t L S
2d g 48 iiic bond ijtl;8...iJl98y
1932
Consol gold 4s
Gray'sPtTerlstgugSs 1947
8t Paul & Dul See Nor Pacitic
Man 2d 6s.. .1909
8t Paul
1933
l8t consol gold 6s
Registered
1933
Reauced to gold 4^28. .1933
Registered.
1933
1910
Dakota ext gold 6s
ext 1st gold 4s
Mont
1937
Beglstered
1937
A-O
ET
J-J
1940 J-J
Guaranteed
BocU &
A
int guar. .1921
SPacofNMexlstg6s..l911 J-J
1905 FA
Tex <fe NO Ist 78..-
&
Tol SeeBt&O
Pitts Cleve
CU See Penn Co
Pitts Ft
1922 J-J
Pitts Juno Ist gold 68
Pitts <fc L Erie 2d g 58...ol928 A-O
Ceu
5ee
Pitts McKees
Pitts Sh <fc L. E Ist g 58... 1940 A-O
1943 J-J
gold 5s
l8t consol
Pitts <fe West See B <& O
Pitts Y <fc AsU Ist con 58.1927 M-N
O
A-O
W div 1st g 68 '30 M-N
La & T Ist 7s. 1918
1920
N YTf&Mex gulstg4s.l91'
Noof Cal Ist gu g 6s.... 1907
1938
Guaranteed gold 58
Ore & Cal Ist guar g 5s. 1927
SAcfe APasslstgug4s.l943
IO8I2IIO
12614.
J-J
.\
1st gold 6s
no
110
Rid
H& TClstg58intKU..1937
68 int guar. ..1912
Morgan's
110
lion's ...
Nov 11
Consol g
Nov'97
112^4 Mar'OO
]20'i2-.95^4 ...
108 'e...
Friday
(Continued)
Southern Pac Co
102
FA
Plilla<fe
Low
IIII2IIII2
Aug'O;^
I02I2 234
l(ili2
Range
Week's
Range or
Last Sale
I'rice
STOCK EXCHANGE
Week Ending Nov 11
N. T.
1
106
lyi'-i M N
103^4
AUeg Valgen guK4s...l942 M-S 106
C1& Mar l8t gug4'28..19Jo M-N 99'>8
DBRR&Bgelstgu4sg.
Since
January
Hiati A-O
L010
BOND-S
Range
Weelc's
I'rice
fridav
Nov
N. y. STOCK KXCHANGK
"WEEK ENDING Nov 11
Fllnt&PMg6s
2137
Bond EeCOrd— Concluded—Page 4
12, 1904.]
111
'04
112"8 112
110i4Mtty'04
109 Apr '04
100 "2 Aug'04
91
92
112
I09I4 114
110l4ll01<
1119
109
100 103
92
72 86
M
9234 Sale
92
927,
36
8812 93
itll.SCKKl.ANEOUH ilOND.S—Concliiilcd.
RlannfncturinK iV luiliintrini
CousolTobacco 50-yr g 48.1S51 F A
Registered
lOol F A
DistuSecCorconv Isl g 68. '27 A
Distillof AmercoUtrg58.1911
111 Steel Co deb 5s
1910
Non-conv deben 5s
1913
Int Paper Co Ist con g 6s. 1918
Int St Pump lO-yr oouv. 6.s '13
Knicker Ice (Chic) Isl g58.'2S
Lackaw steel Ist g 58
1923
April 1963
latent bid
Sale
971a
9:i'-2
F
A
J
J
A
A
V S Kealty & I conv deb g 58 '24 J
U S Steel Corp col lr2il5H.rf'6:> M
Registered
76
J
J
J
N
MN
82 90C8
79
3
7434
76 210
99 Sep '03
741a
77
J J
A
Nat Starch M f g Co 1 st g Os 1 920 M N
Nat Starch Co s f deb 68. .1925 J J
Stan Bope<fe T Istg 68. ..1946 F A
Income gold 5s
1946
U S LeathCo sf deb g68.. 1913 M N
^°Prt^ ^^<l»y;
iUiscellnneoiis
811a Sale
92
108
103
Jan '99
Feb'04
1 09 12 Nov'04
99
92
5334
5734
611a
82
79
76
92
92
109
105 Is 109 la
103
IO312 17 97 IO312
14 Sale
97 12 Oct '04
la
97'-i
"6 97 102 Hi
i 02 i^ Sale" 102 12
102
9238
901.2
87
941a 90 Sep '04 "8 87
66
71 12
7 1 12
70
63
40
47
42
40
43
5 35
3I4
4I4
3 14 Nov'04
4ie
l»a
"5
110
10734 113 '2
110
110
91i4Sale
H914
92
91 12 474 80
87 '4 .Sale
8634
87 7h :i72:! 0834 88 '4
683^ 88
85 Bg
88
'2
'-J
and asked, a Dae Jan
'•2
(»
Due Feb
c
Adams Ex col tr g4s
1948 M-S 103
Am Dk <& Imp 58 See Cent N J
103 12 103i4 0ot'04
Am SS Co of W Va g58....1920
M-N
B'kl'n FerryCol8iconsg53'48 F-A
Chic Jc cfc St Yard col g us. 1 915 J-J
DetM&M Id gr incomes.. 1911
Hobokon
Lcfe
I
62
100
1031a
60
6634
1073410734
Nov'04
Sep '04
Feb '02
10734
SOS)
76 "a 83
gohl 5s. ..1910 M-N
Mad Sq Garden Ist g 58..1919 M-N
Man Bch H L geii g 48.. 1940 M-N
Newp NoSlnp<fe D l)5«<i]990 J-J
<fc
Dock 50-yr Ist g 48.. 1951 FA
at Joseph Stk Yds 1 St 4
1 930 JJ
St LTerCupplesStnl'n* Prop
Co Istg 4128 5.20 year. .1917 J-D
S Yuba Wat Co con g6«..1923 J-J
Sp Val Wat Works ImI 68 1906 MS
Sj> Vi
IISR <fc Bet 1st s 1 g 6s. 1931
Red
NY
Dae Mar d Due Apr /iDaeJ'ly
80
50
A O
100
10034J'no'02
02 Nov'04
V
i;
92
9i""dct''04
891a 9112
.
Duo \ng
o
112
USia.
Due Oct p Due Nov
9
112
J'ly'04
113ia.ny'00
7612 Oct '04
Due Deo
«5
«
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"76""76 4
Option sale
1
1
1
BOSTON STOCK EXOH4NaE-Stock
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5
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24
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8l8 Jan 4 12 4;
800
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5
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25
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108
134
54
25
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610
640 Calumet & Hecla
25
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Catalpa (Silver)
3118
3234 Centennial
25
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25
74.
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14
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lio
67
69 7e Copper Range Con ColOO
1134
12
20
Daly-West
63 Dominion Coal
100
60 4a
109
100
Oct '04
Do pref
3=8
334 Hllin River
12
1334
25
15 Franklin
378
4 Granby Consolidated. 10
24 ig
25 Greene Consolidated. 10
2=8
234 Guanajuato Cousol..
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34
634
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138
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5
171a
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West End Land
26
West Telep <fc Teleg.lou
Do prel
100
Adventure Con
734
1742
34
•45
74
iUiniiig
734
16^4
Last Sale
3=<8
23
99
24.
1
2934
East Boston Land
Edison Elec Ilium. ..100
General Electric
100
Mass'chusettsGaaCoslOO
Do pref
100
Mergenthaler Lino. .100
Mexican Telephone.. JO
N E Telephone
lOi.
Nov'04 Westing El <fe Mfg.. . 50
Oct '04
Do pref
50
134!
630
Boston Land
10
Cumberl Telep <fe Tel 100
Dominion Iron <fe St
134 42
Oct '04 PlantComt'ststkcomlOO
Oct '04
Do pref
100
226
227 Pullman Co
100
84j
842 Reece Button-Hole.. 10
113
113 Swift & Co
100
25 4j
Oct '04 Torrlngton Class A.. 25
25 4}
Do prel
25
Union Cop L'd <fc Mg. 25
105
ibs'ia United Fruit
100
5434
5434 United Shoe Maoh... 25
32
32
Do pref
25
100
U S Leather
92 <%
Oct '04
Do pref
100
?S3g
Oct '04 V S Rubber
100
84 ^
Oct '04
Do pref
100
264j
26 U S Steel Corp
loo
8434
851^
Do pref
100
27 3^
678
19
Aug24
Jan
9 Feb!'.'
6842 Jan 11'
13 14
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159
222
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119 14 Feb 19
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Mass
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100
100
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Seattle Electric
Do prel
Union Pacific
Do pref
64
6.i
Savannah Elec com..lO(i
Amer Agricul Chem.lOO
Do pref
10(
Amer Pnou Serv
50
251..
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50
14658 Amer Sugar Refln
100
140
100
Do pref
14334 Amer Telep & Teleg.lOO
18 Amer Woolen
100
86 14
Do pref
100
•
3'.
Last Sale 4
Sep '04
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1614
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100
100
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100
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Year (IV(Kl)
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344 Xl37 Feb 5 I54 42bep26 134 AlliT
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241 Iba Auk o IHO'aJ'lyl:^ 161 J'ui166 April 174 Oct 7 170 J'ut
295 Feb 2 4 303 Oct 2 290 J'ly
136 J'liel:". 154 Oct 22 133 Sep
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276 Jan 2:t 285 J'nelO 270 Auj.
226 133 J'ue 6 141 Apr 7 131 J'ly
24I4 Jan
4834 Sep 12
25 Oct
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10,
1
Old Colony
Pere Marquette
911a West End St
1121a
Do pref
Aui;'U4 Wisconsin Central. ..100
Aug'04
Do pref
100
Aug"J4 Wore Nash <fe Rocli..lOl
iUiscellaneoiis
*225
54'2
3134
N Y X H & Hart.. ..100
-Vorthern N H
100
Xorwlcli & Wor pref 00
Nov'04 Vermont
81a
105 H;
439
100
100
pref
91 -a Oli-j
11258 1125i.
2261a
111 lllHi 111 1121a
*
23
23
25^2 25 H, •25 la
105
"54
Do
Mexican Central
Last Sale 170
92
9413
112
Last Sale 1
Last Salt 12
*226
Share k
KnilronilM
87'-. Atoh Top <fe banta FelOO
86 >a
102'.,
10234
Do prc-t
IOC
252 13 252 Vi Boston & Albany
lOo
•153
154 Boston Klevated
100
•242
242 V BoHtoil<fc LoweU
100
16413 164
Boston & Maine
100
170
Oct '04
Do prel
100
•302
Bo.ston <fe Providonceloo
•150
153 ChicJuncHy& U S YlOO
Do pre,f
100
1231a 1231a
•185
Con& MoutCla8a4..100
160
Sep '0-; Conn & Pass Riv pref 100
^8:i
Oct '04 Connecticut Hiver...lOO
•13812 140
Fitchburg pref
100
48
Nov'()4 Ga Ry & Electric
loo
-81
hi
Do prer
100
•40
50
94
94
112 14 11338
951a 95 w.
.145
81
32
ihaiiffe
1904
Week
41
41
94
94
Ill78ll33e
95
95 S,
111
20
*81
Haiiye /or Year
the
0)
•9II4
92
112
•19
81
Last Hale
Nov. 11
Weekly and Yearly
Satth
BOSTON STOCK
E.XCHANUE
>Vidai/
I
10
2.'.2
'302
135
•185
vrocii^
I'ricBi,
7
87
252
153 14
242 "a
164
164
Centum
Wedixesday
A'ov.9
101
S6'4 87
101 la 102
252
153
'240
104
164
Tvesdau
ifov. 8
7
I'er
Record, Daily,
1
Jan
14jDec
4
Feb
3 Jan
1479 Apr
190
l»io
3334
14
3134
Feb
Feb
Mar
Feb
Jan
27 4iFeb
17 Mar
3359
9
May
Fob
42 J'ly 11434 Mar
61 J'ly 77 Mar
•75
27pMar
Oct
5
Nov
UNewstock. tAsa'tpald. IBx-rights. aEx-div.t&nglita
I
4
5
Nov.
BOND^*
Fridav
Mange
Nov 11
"ll
Last Sale
Ask Low
<fe
Nebraska
190
1944
iBostoncfe Maine 4'2S
1905
Improvement 4a
;Bost<fe Mon 3(1 issue 7s... 1904
Boston Terminal 1st S^as. 1947
1918
rBur & Mo Riv ex 6s
1918
Non-exempt 6s
1910
Sinking (uml 4s
1917
jBntte<fe Bo.ston Ist Gs
Rap & Mo R 1st 7s. 1916
-Cedar
1909
2ri7s
Boston
Lowell 4s
<fe
FA
M-N
FA
;
!
& Q extend
IowaDivl8t5s
lowaDiv 1st 48
4s.
Debenture 5s
Denver Exten 4s
Nebraska Exten 48
B<feSW8t4s
Div
3 128
M-N I2918
108
99
125
J-J
J-J
M
......
107 la
99
108
109 14 Mar'02
J-D
A-O
1121-1
A-O
A-O
100
98
MS
100
100
9934
IO7I4
Jan
Oct
Oct
1071a
1071a
104
1021a
IIII4
1371a
137
97
Oct '04
Apr '04
May'02
Aug'04
Feb '04
9812
97
971s
Note— Buyer pays accrued interest in
'03
'04
'04
addition to
tlie
ig
purchase price
Saturday
Monday
2fov.6
Nov. ?
*824....
10734 109
164 164
83
I'er
Tuesday
Nov. 8
7
734
J'Yiday
74
4978
50
60
2438
6
244
244
2434
2434
6I16
6
64
114
104
64
64
11
10
11
1134
IOI4
1214
12
64
124
10 14
9
IOI4
104
104 104
9
314 314
914 95
474 4734
4
414 42
94 94
93
674 67 'e
675ie 67
'»16
48
4II4
68
41
41=8
161.
94
164 164
93l6
16 4
16
3838
164
44
44
393
!73,
404 404
American Cement
AmerIrou<£; Steel
Bell Telephone
Cambria Iron
10
50
50
50
Central Coal & Coke. 100
Preterred
100
Consol Trac Pitts
50
Preferred
50
Danville Bessemer... 14
9
1738
385j
44
3934
5834
PHII.lADE1,PHIA
Jtonds
Al Val E ext 78 1910 A.O
AinRysconv5s 1911. J-D
Atl City 1st 5s g '19. M.N
Balls Ter Ist 5s 1926. J-D
BergcfeEBrw 1st 6s'21 J-J
Bethle Steel Os 1998. Q.F
4634
Che<fe
109
100
50 1,763
100 4,759
100 3,249
267
UnitedRy<fc Electric. 60
Ask
1023,
93
903,
D Can Ist 58 '16 J-J
15
& Peo Tr stk tr ctis
Elm & Wil 1st 6s '10. J-J
Eq 11 Gas-L 1st g 5s 1928
H & B Top con 5s '25 A-O
7434
Elec
I
128
18
19
103
Schuylkill
50
iMinehill <fc Schuyl H..50
64
24
66
34
103^
86
4 6^4
47
14
9734
3
,
1>9
14
2
6',
671-,
82
Bid aad a«ked prices no
;
J.D
Annuity 6s
J-D
Leh V Trac 1st 48 '29. J-D
Nat Asphalt 58 rects
New Con Gas 58 1948 J-D
Newark Pass con 5s 1930
N Y Ph
cfe
68 4
No Pcnn
993.
99's
844
84
574 60
114
117 4 118
124
1464
1st 48 '36.. M-N
Couaol 6a
1905. ..Var
Coiiaol j'js r 1919. ..Var
Penn <t Md Steel con 6s.
Pa & N Y Can 78 '06. J-D
Con 58 1939
A-O
Con 4s 1939
A-O
Penn Steel 1 St 5h '17 M-N
People's Tr trcerts48 '43
PColsl€fecoltr5a'49 M-S
outlusUay.
||
105^8
1024
102=8
102 4 Sale
108
108
SO 38 Sep '04
102i4Sep'04
105 4Ma3:'04
10234 Apr'03
102 4 Oct '04
IO2I4
103
J-D
1204
68gl911....JD
M 4s g '47. A-O
4s '37. J-J
Terminal 5s g 1941. Q.F
P
& B col tr 48 '21. J J
Rochester Ry con 5s 1930
S R E Side 4s interim ctfs
U Trac lud gen Ss'lO.J J
U Trac Pit gen 5s '97 J-J
Welsbach s t Ss 1930. J-D
112
Range
984
Highest
7 J '11021
1334 J'ne21
534 J'ue
Convertible 5a.'0(>i\r-N
1104
111
m ex-dividend.
^i
Ex-rightti.
t
$15
paid.
10141014
1204121
103 4 103 J'
91
96
100
10334
10058 105 4
94 II214
1004113
7138
102
>.03g
10'.i3^
10541054
10134
42
1024
93 4 103
112
112=8
1
Mar
38
28
45*4
1
584 Dec 72 4 Jan
84 4 Oct 118 Jan
1034 Dec 284 Jan
35=8Novll
9 Sep 28
20
8
4 Nov
May 16
1934
Oct 13
7I16OCI
97
65
64
4'e
I834
Nov
:i4iii6Jau
Sep
441I18
J'uel8
Bid
GaSo & Fla 1st 58 1945J-J
G-B-S Brew 3-48 1951M-S
2d mconie 58 1951 M-N
Knoxv Trac Ist 58 '28A-0
Incomes
297 4
95
35
100
70
7
54
104 4
-'4
119
97
li'll M.S
General 58
Norfolk St 1st 58 '44.. J-J
North Cent 4 4s 1925 A-O
1-J
6s 1904
Series
Series
A
192(;
lat 5a..
El lat 4a '49
M.S
L&P lat 4 4a'29 MX
Un Ky
tte
1-D
Income 4a l'.t49
Va Mid lat (la 1906. -M-S
1
114
1054 106
1111
116
1114
1164
110
iin. 111=8
123 125
11 4
'4
56
261-.
103
733,
283j
1154
564
263*
105
74
29
107
843,
86
911..
•.12
91'v
9184
45
454
...MS
aeries Os 1916..M.S
aer 3-4-58 1921.
aeries 5a 1926. M-S
Va (Stale) 38 new '32. J-J
Knuddebt2 3aI991..I-.l
3(1
MS
4tli
5tli
vii"
4
A-O
South Bound
U Kl
85
J-J
J-J
5s 192(5
B 5s
Un Trac
5s lil97.J-J
I'oto Val Ist 5s 1941. .J-J
Si>cAvT(Pitt8) 5a'34 J-D
Sa V Fla & Weal 5a "34 A-O
SealxiardA L 4s 1950 A.O
i\> & Roan 5a 1926. J-J
Pitt
Ask
El 1st gu5s'42M-S
2d series Os 191
100
83 4
NptN&O P l8t58'38 M.N
141
Feb
Nov 40 4 Jan
4U~8Sep 4734 Feb
76 Oct
164 Jan
20 Aug 31 -Mar
2734
Col<kGrnvlst6s. 1916 J-J
Consol Gas 6s. ..1910 J-D
106"
58
1939 J-D
Ga& Ala 1st con 5s '45 J J^
i24 4 GaCar&N Ist 5s g '29 J-J
Georgia P Ist 68- --'22 J J
37
117
90
105
7934
457g
4
7S34
4734
36
21
MetSt(W.asli)l8t5s'25FA
Mt Vcr Cot Duck Ist 5s.
155
140
294
90
30
J'ly
Feb
Jan
Jan
Jan
553s Nov
Feb
36 Oct
5 Aug
9 Jan
734 Dec
17^8 Jan
Chart C& A ext 5s. '09 J-J
2d 7s
1910 A-O
City & Sub 1st 5s. .'22 J-D
City.t Sub(Was)]at5s'48
614 624 LakeR
Jan
104 Jan
11 Deo
Nov 36
1044 Chas Ry G & El 5s '99 MS
9334
Jan
9«i6Jan
19
BALTI.nOitE
Ask
2534
4034
Dec
64 Aug
34 4 Nov
1 4 Sep
10734 Novl(»
22
Dec
524 Jan
1
Oct 31
Oct 1;
Oct 25
Sep 10
Oct 2
444 Oct
144 Jan
Dec
174 Nov
38
Jan
45
Oct
Oct
4034
Marl 4 lOiSja Oct 2(1
Jan 2 59 Nov 4
81
Highest
Lowest
174Novll
55^8 Mar 12 69 4
37=8 May 17 4358
9=8
5 May25
8 Jan 6 tl8
19 4 Marl
39
116
MN
NoBalM)iv5»1942J-D
Ceut'l Kycou5al932 M.N
Ext<fc lliii. 5h.1;I32 .MS
Chas City Ry 1 at 5a '23 J -J
10038 1024
IOOI4 lOlSb
IO4I4 1044
Range tor Previous
Year (iyu:i)
tor Year
67 4 Jan 5 83 4 Oct 20
71 J'ue 2 109 Nov 5
KxchaiiKC 3 4a 1930 J -J
Reluuiling3 48 1952JJ
BallA Plat6.aml'll A.O
Halt Trac lst5R..'29
10434
1024 104 14
Weekly, Yearly
Lowest
109
108 4 1104
104
Pot 63
Atl ( ;oa«at L(Ct)cl fs 5s J.D
Ctts of indebt 4a
J-J
Bait C Pa.ss 1 St 5a '1 1 M-N
Ball Fundg 58.1916 M.N
112"
103
102
U Trust Co. ctfs.
1904
BondM
00
10134 10238
Sep '04
112
and asked.
Daily,
Ch 1st 7. ..1907 J-J 1074
Allan C L UK4sl952M.S
98 4 98
1
10241024
93
974
87 14 J'ly '01
BAI.TIIUORE
Inactive Slocks
Atlanta <fe Charlotte.. 100
Atlan Coast LiueRR 100
Allan Coast L (Conn) 100
Canton Co
100
Georgia Sou* Fia,...100
1st pre!
100
2d pref
100
G.BS Brewing
100
Mt Vernon Cot Duck
Unit Elec L <fe P pret.50
&
16
O's
II2I4
11138
108
107
Atl<fe
c
Lowest
10234
22
13
Mar'02
96
103 4
Feb'03
Nov'04
102
96
107
104
78
of '82
Anacostia
No 1 St 48 '39 J -J
Deben 6a 1905
M.S
Penn gen 6h r 1910. .Var
M
1911
W
Income 48 1939. ..M.N
159 4 161
974
Consol 6s 1923
M 7s
CouM
M
iliittle
iKesquelioning
50
'N Haven Iron & Steel.
North Pennsylvania. .50
,Penn Gas Coal
50
rennayivania Salt
50
ipennsylvania Steel. .100
Preferre<l
100
Phlla Co (Pitts) pref... 50
Phil Geniian cfe I\orri8.50
Phlla Traction
50
Kail way a Geueral
10
iSnsqueli Iron & Steel
ITldewalcr Steel
10
Preferred
10
Unile<l N J IMi<fcC..100
Unit Pow <ft Trans
25
UniteclTrac Pitts
50
Preferred
50
Warwick Iron<fe SIcel.lO
West JerHey &. SeaSh.50
Westmoreland Coal... 50
Indianapolis Ry 4s. 1933
Interstate Rys—
3-3 4-48 1943
P.A
Lehigh Nav 44s '14.Q-J
RRs 48 g
1914. <4-F
Gen
4 48 g, 1924. y-F
Leh V C Ist 58 g '33.. JJ
Leh V ext 4s Ist 1948. J-D
2d 7s 1910
M.S
104
Ex Imp
44
Ry 1st con 58 1932
ConTracolN J 1st 5s. '33
E & A 1st M 53 1920 M.N
Preferred
Bid
Con
Con
584 714
121 J'ly '04
103 4 Aug'04
97
118
118
li
713*.
Nov'04
Oct '04
IO414 J'ne'04
1014 J'ue'04
95
103
4
100 14 10134
I20I4 122
'04
76 J'ne'Oa
102 4 Aug'04
934.
93 4
94
10238 Oct '04
103 Aug'04
103 Apr'04
106 4 Mar'03
10038 1004 lOO^e 1003^
IOOI4 Nov'04
100 Si
1034.
92
1024104
106 14 1084
Mav'04
7138
72
4
964
124
J'ue'03
20
16
& E gep M 5 g '20. A-O
Gen M 4s g 1920..A&O 1044
Ph & Read 2d 5s '33. A-O 125 4 1264
Col St
Easton Con Electric... 50
lElec Storage Batt
100
Preferred
100
iGemiautown Pass
60
Harrison Bros pref... 100
jindiauapolis St
100
Unter Sni Pow & Chem.50
iKey stone Telephone ..50
Preferred
50
KeyatouoWatchCase.KH)
Lit Brothers
10
7138
1034 P
Me lst5s 1949 J-J 1114
Ch Ok & G gen 58 '19 J-J 109
Steel..
PHlI.AJUEia'HlA
Phil Elec gold trust ctfa.
Trust certifs 4s
Chocfe
i
102
118
60
25
Bid
1074110
Week
Shares
67 'e 68iii( Pennsylvania RR
50 7,541
41
414 Philadelp'a Co (Pittsb) 5(i 12,743
PhUadelpliia Electric. 25 12,791
17 14 Phila Rapid Transit ... 50 17,094
17
50 46,063
3713x6 38'^io Reading
*43''4 44 14
345
Do Ist pref
50
•40
210
404
Do 2d pref
50
S92
6834 59
Union Tracton
50
107 1071-. United Gas Impt
50 19,997
19 21 WelsbachCo
100
Ask
734
1204 Sep
99
117
92
81
IO6I4
106 '4
100 410078 100 14 Oct '04
'J
63
Bid
10038
1
5834
10634 10734
5834
10534 IOC34
Inactive Stocks
*
834
374
PHlLAUEliPHlA
24=8
67 'a 68 4
41
414
41 7(
97
Philadelphia
207 43 J'ne 3 51 Oct 31
.American Railways
50
50 9,S16 184May25 -^ Nov 9
Cambria Steel
638
4Mayi:; t 634 Sep 19
Lake Superiorif.lOO 8,997
64 Consol
ISgMayli-J t!24NovlO
100 5,120
124 12 4
Do pref.t
734 Feb 8 lO-'gOct 26
10,163
104 103h Electric Co ol America 10
714
94 1034 Gen Asphalt interim ctts..
54J'lyl6 13 4 Feb 8
33
35 4
Do pret interim ctts.. 1,515 20 AuglO 38 4 Feb
8T4 Lehigh Coal & Nav
87
50 8.727 624 Jan 14 9734 Nov' 7
4S4 Lehigh Valley
48
50 5,647 3334 Feb 26 49 4 Oct
*338
3=, Marsden Co
2^8 Mar 3 4116 Jan 25
100
50
24'%
32 4 32 4
874
484 484
68B1,
5834
51
a;87
44
367i8 36»ie 36iii8 376ie
43iii843i3i6
3934 3934 «39 4 40
58^8 58'6
68 4 58 'g
10434 105^8
1044105
•434 44
Diamond State
94
48
8IS18
8i5i6
244
64
324
32
93
48
9734
47'%
*50
50
26
734
1284
9334 100
IO6I4
tht
Baltimore
Consolidated Gas
Northern Central
*494 504
12
Stocks see below)
Nov. 11
8
96
128
1004
1084 Sale 1084 1084
1244 Sale 123=9 I2418
96
96 4
96 4
92 14
914 92 4 914
102 4 Oct '04
latest bid
;
1
High,
Oct '04
100
99
Sales
or
*824 844 *83
85
1064 1054106
17 14 17 4 Seaboard Air Line
17 4
344 35 14 354 35=8
Do pref
174
344
34I4
34
7
price Friday
(For Bonds and Inactive
106
17
10334 106
1634
No
ACTIVE STOCKS
Thursday
Nov. 10
83
10641064
164 1634
333s
Centum Prices
iVednesday
Nov. 9
"
Exchanges— Stock Record,
Philadelphia and Baltimore Stock
Share Prices— Not
Boston Bonds.
Ao Low
High.
i'oo"io64 100
la
for all
Since
January
128i8J'ne'04
lOOSeOcf 04
97i->
110
Y&N
'04
124:-'4
1231a Apr '04
M-N lOo'ilOS', l()5->4 lOo^j
108 Nov'04
J-D 108
1921 Q-Jl
4s
J'ne'04
J'ne'o4
9914
1251a J'ly '04
M-S 1031a
M-S
M-S
FremtBlk<feMoVl8t68..1933 A-O 138
1933 A-O 138
Unstamped 1st 6s
98 >a Sale
Nor C B <fe Q coU tr 48 1921 J-J
mRegistered
Sep '04
Jan '04
Feb '04
Sep
94
J-J
80
loevj Dec '02
991a Oct '04
98
A-O
'04
79
100
107
100 14
105
100
J-J
.
Sep
Bale
F-A
M-N
M-S
Is
II7I4 Feb'03
A-O
A-O
M-N
:
W
129
..:..
113
80
J -I)
1905
1919
1919
1913
1922
1927
1921
1949
Joint bonds See Gt Nortliern
Jc Ry & Stk Yds 58 1915
CoU trust re{undingg4sl940
!Ch MU & St P Dub D 68.. 1920
tCh
<fe St P Wis V div 6sl920
Chic & No Mich 1st gu 58.1931
1921
Chic& WMicb gen 58
Concord & Mont cons 48.. 1920
Conn<fc PassR Ist g 48... 1943
1927
Current River 1st 5s
Ist 4s... 1946
DetGr Rap<fe
1913
Dominion Coal Ist 6s
1906
Eastern 1st gold 6s
1915
Fitchburg 4s
1927
48
,-Chic
.
99%.
g4s..Mayl920
1st
Chic Burl
Illinois
IOOI4
Feb '04
Ask Low
Bid
MS
MS
Jan '02
Mar'03
Jan '03
Week's
Range or
Last Sale
Illinois Steel
i(ii)
Range
Price
Aov 11
deben 58
1910 J-J
Non-convert deben 5s. ..1913 A-O
FaU8& Sioux G 1st 78. .1917 A-O
97»8l'l2^'8
Kan C Clin & Spr Ist 58... 192.') A-O
87
97
Kan C Ft S <& Gulf 1st 78.. 1908 J-D
1928 M-N
KanC Ft Scott ife M Os
1934
110 110
KanCM& B gen 4s
1934
income 58
Assented
117 117
Kan C & M Ry <fe Br 1st 581929 A-O
Kan est Jo &C B Ist 7s. .1907 J.J
LR&FtSmldgr let 7s... 1905
Maine Cent cons Ist 7s. ..1912
1912
112
113
Cons 1st 4s
I4 102
1 00
Marn Hough & Ont Ist 68.1926
99
99^4
Mexican Central cons 4s.. 1911
Jan 1939 J'ly
Istoons mc38
Jan 1939 J'ly
128 129 1«
2d cons inc 38
cons 58 tr rec.1929 J-J
Mich Telep
Minue Gen Elec con g 58 1929 J.J
78
81
99 la 100
New Eng Cot Yarn 5s 1929 F-A
1906 A-O
New EngTeleph63
iooi4
1907 A-O
10014
68
1908 A-O
104 105
6s
99 14 100
1915 A-O
5s
1905 J-J
Eng 1st 7s
N
1905 J-J
1st 6s
98 4 9912
1924 F-A
9018 94
Ohl Colony gold 4s
.1946 J-D
Oreg Ry & Nav con g 48.
1922 F-A
105% 109
Oreg Sh Line Ist g 6s
97
99
Repub Valley 1st s t 6s. ..1919 J-J
12434 125^2 Rutland Ist con gen 448.1941 J-J
Rutland-Canadian Ist 481949 J-J
1231a 1241a
100 108
Savannah Elec 1st cons 58.1 952 J-J
1930 F-A
1054 108
Seattle Elec 1st g 5s
1918 M-S
Torrington Ist g 5s
RR<&lgrg4s.l947 J-J
Union Pac
1911 M-N
100 1014
Ist lien conv 4a
95 100
United Fniitconvgeu 5a.l911 M-S
105 4109
US Steel Corp 10-60 yr 58.1963 M-N
1915 FA
10334 104=8 West End Street Ry 4s
1914 M-S
102 4103
Gold 44s
1916 M-N
Gold debenture 4s
1917 FA
Gold 48
137
1374
137 137
Western Teleph & Tel 58.1932 J-J
90
984 Wisconsin Cent 1st gen 4sl949 J-J
9038 971s Wisconsin Valley Ist 7s. .1909 J-J
9734
8SI4
109
1123e Oct '04
100^4 Sep '04
99^4 Nov'U4
100 J'ne'Ol
.
A-O
'
'
112^
J-J
J-J
J-J
,
Cent Vermt
117
99^8
101
112>a
J-J
1
Low High
High.
997g
110 Feb '04
104 >a Apr '00
J-1)
(
January
Friday
BOSTON STOCK EXCH'GE
Week Ending Nov 11
Since
109
102
Isi
AtchTop&SFeseng48..1995 A-O
Adjustment g 4s.... J'ly 1995 Nov
Boston Elect Light 1st 6s. 1 908 M-S
1"24 M-S
Consol 58
I
or
99I4
99^6 Sale
!l5i4
95:>4
95»4 Sale
110 Oct '1)4
1 10
102 14
Sale 1U2
9314 93 Nov'04
J-J
Am Bell Telephone 4s 1908 J-J
4S.1929
Am Telep Tel coU trVs.. 1908 MS
BONUS
Range
Week's
Price
W3^
Bid
cfc
2139
Boston Bond Record.
12, 1904.]
BOSTON STOCK EXCH'GE
Week Ending Nov 11
AtcU
3
1
(ia l'.U4 J J
WesVaC&P lattig'll J-J
Wil A Weld 5a. .1935. J-J
Weal N C con
97
\
Mieorganizatlou certilioates
1^3
assessment paid.
—
—
—
J
—
.
THE CHRONICLE.
2110
Volume
of
Business at Stock Exchanges
TKANaACTIONS AT THK
DAILY.
NEW YORK
Sloelct
Satlroad
ITovtmber 11
iyu4
Sharet
435,640
tiatnnlay
Mouday
1,181,118
Par value
2,328,30S
Thursday
1.63:S,4V»2
fcTlday
1,754,903
<tc
State
Bonds
Bonds
Bonds
$3,455,000
8.321,000
$71,500
202.500
220.483,300
158.017,430
164,512,000
14,042,000
146,500
227.500
1,047,000
HOLT DAY
12,4:^8,000
14,036,500
(•on Scciirilien
Bid
Atk
GaH<& El Bergen Co.. 100
35
40
Grand Rapids Gaa
Hist 68 1915
F.A 5101
103
Hudson Co Gas
97'-.
100
?8Hj
58 It 1949
AVe Stock Exch list
Indiana Nat & 111
l8t 68 1908
Indianapolis Gas
l8t 68 1920
$41,230,750
114.4H4.500
Tui'.sd.iy
Weilnesclay
STOCK BXCHAJfQE
WEEKLY AND YEARLY
$0,000
1,000
Vol. L.wti.
Jackson Gas Co
Sag 1937
Kansas City Gas
Gas—
M-N
40
70
50
M-N
5
50
80
81
A-O
5....
103
16
12
1 0(
68 1922 See Stock Ex.
l(»ii
TILaclede Gas
llPreferred
loo
.>liitrei
II
Preferred
97 Hi
68
40
Miwlisoii (ias 6s 192().A-(^ 5106
Newark (ias 6s 1944. Q-J 5135
Newark Consol Gas. .100 83 Hi
HCon g58 1948
S-I) 5109
Lafay'eGa8l8t68'24.M-N
I..og&WabVlst68'25.J-l)
98
100
63
42
109
136
84
60
66
^
15
100
66
Conn Uy LtL'<t Uefng. loo
6
6
Consol Rubber Tire. .100
H 1
Debenture 4s
9
Cons Storage Battery 1 On
10
ContTobac deb 78'05A-<J 51olHi 02 "a
Cramps' Sh &En BldgloO
19
22
Hi
•
iJCrucible steel
9 '4
100
100
^Preferred
Cuban
list.
Atk
JiUl
U
45
105 Hi 106
IndUMtrinl ami
Compressed Air Co... 100
Cousolld Car Heating lOo
HCons Firew'ks com .100
44';b
100
139
68 of 1896
IjDianiond .Match Co. 100
Dominion Securities. 100
Electric Boat
lOo
Preferreil
loo
Electric Lead Reduc'n.50
140
20
44
74
5
42
68
t
9H.
4.'.ib.
101
'b
Hs
Preferred
50 t
1H»
14
100
16
109',
Preferreo
20
22
100
No Hudson L H <fc Pow—
Electro. Pneiim'icTranlO t
'4
Week ending November 11 January 1 to November 11
H.
Sales at
08 1938
Empire Steel
5 Hi
100
A-O 5105
New York Btook
3
5
Preferred
HO* IndCNat* III .100
32
100
38
Exchange
1903
1904
1903
1904
Ist 6s 1926
40
45
49
liGeneral Chemical ..100
J-D
55
Pat A Pa.3 Gascfe Elecioo
65
67
llPreferred
95 Hi 964
loo
140,509.177
Stocks N o. shares
7,333,461
139,636,952
3,621,556
Gold Hill Copper
34
I'le
II Con g58 1949. ...M-S 5104
1
Par valae
$698,678,000 $303,355,000 $12,897,319,8'>0 n3,l 19.845.425 St Joseph Gas 5s 1937.J J 5 90
92
Greene Con Cop *ee Boat Stock EXC1»
$587,900
Bank shares, par..
*500
$646,300
$6,000
Greene Consol Go)d...lo t 10
11
Telesrr
Telcpbone
BONDS
HackensackM ea/lows 100 10
15
$1,066,650 1TAmerTeleg<fe Cable 100
93
Qovernment bonds
$7,500
$53,000
$601,680
95
Hackensack Water Co
447,100 HCentralcfc So Amer. 100 107 Hz
1,695,1)00
17.181.175
11,000
Ref g 48 52 op 12. ..J-J 59414 95
State bonds
52,292,500
690,290,400 II Commercial Cable ..100 210
11,863,000
767,593,400
Hall Signal Co
BB. and mis. bonds
100
83
Coramer Un Tel (N Y).25 115
Havana Commercial. 100 12
78
Total bonds..
82
Preferred
36
$53,995,000 $11,927,000 $785,376,255 $591,804,150 Emp & Bay State Tel 100
100
,
47
Franklin
52
Havana Tobacco C0..IO0 2914 30
100
Preferred
40
100 120 123
41
DAILY TRANSACTIONS AT THE BOSTON AND rHILADBLPHlA TJGoldcfc Stock
loO
HeckerJones-Jew'I Mill
1I4H28, 1905
EXCHANGES
Hudson River Teleph 100 90
94
1st 68 1922
M-S 102 105
'4
UN
J Teleph. ..100 157 158
Hemng.Hall-MarvinlOO
1
Boston
Philadelphia
30
58 1920 See Stock Ex Chan; e list
Ist preferred
40
loo
Week endinn
123
3
2d preferred
6
H North western Teleg. 50 120
100
November 11
78
Pacific & Atlantic
82
Hoboken Land<fe ImplOO 200
Listed Unlisted
Bond
Unlisted
25
Listed
Bond
iyu4
100 103
share*
shares
sales
shares
11 Southern & Atlantic 25
1168 1910
shares
sales
M-N 5102 105
Houston Oil
1
3
100
Electric Companies
14
Preferred
20
Saturday ...
26,014
6,389
$16,000
11,748
11,156
5404,500
lOO
Hudson Realty
90
170
100
Monday
73,320
16,140
110,500
22,332
30,483
83,600 Chicago Edison Co... 100 166
160
tlKingsCo El L<fePCo 100 200
1 nternat'lBankingColOO
165
Tuesday
.. HOLI DAY ....
94
Int'n'l Merc Marine. 100
934
..^'•-'
Wednesday.
89,795
27,009
49,500
47,383
36,343
53,000 Narragan (Prov) El Co 50
24
64
Preferred
24 ^
Q El L&PowColOO 60
34,259
144,2u0
loo
100,489
163,700
36,301
33,228
Thursday
91
Preferred
94
Col tr deb 4 H2l922op'07
78 Hi 79 Hj
100
135,801
36,872
79,700
31,818
17,094
136,300
Friday
United Electric of N JlOO
25
20
International Salt
21
100
78=
48 1949
58
Ist g 5sl951
79
61
J.D
119,669 $418,400 149,582
128,304
Total.
425,419
$821,600
International Silver. 100
9
Ferry Companies
35
Preferred
40
loo
Brooklyn Ferry stocklOO
Ist 68 1948
5Hi
J-D 5 99H! 100>4
B<feNYl8t68 1911.JJ 106 HI
Lanston Monotype
20 r 1234 127^
Con 5s 1948 See Stock Exch Ust
Lawj'ers Mort Insur.ioo 190
196
Securities
Lawyers' Title Ins. ..100 310 318
R Ferry stk. 100 77
85
A Weekly Review of Outside Market will be found on a preceding page.
Ist 58 1922
M-N 5 88 109" Lord & Taylor pref ..100 102 >4 105
Y <fe Hob con 5s '46. J-D 5108
HLonllard (P)pref ...100 130
Hob Fy 1st 58 1946 M-N 5 109 Hi 112 Mackiv Companies ..100 33 H. 34
Street Uail^vaya
Street Kailtvays
Bid Ask
Bid Ask N Y & N J 1st 5s 1946. J-J 5104 106
73 H. 75
Preferred
loO
NEW YORK CITY
Lake St (Chic) El stk. 100
10
3b 4
40
10th & 23d Sts Ferrj- 100
Madison So Garden. 100
20
60
32
l8t6s 1928
Bleeck St& Ful F stk 100
34
J-J 5....
60
1st mort OS 1919... J-D 5 91
2d 6s 1919
94
M-N
93 100
HLouisv Sl6sl930..J<feJ 113 114
1Ilstmort48 1950 ..J-J
28
UMauhatt Beach Co. 100
U Union Ferry stock .100
32
9Hj 11
244
Lynndfc Bos 1st 5s '24. J-D 5II212 IUHj
TIB'y <fe 7th Ave stk ..100 240
334
Manhattan Transit
Tllst 58 1920
4
93
M-N 88
20 t
New on RysCo
1I2dmort 6s 1914 ...J-J 104 107
100
10
11^4 llHl
Mergent'ler-H'n Bskt. 1
Railroad
Preferred
2714
Con 5s 1943 See Stock Excli list
100
Mex Government new 4s 93 Hi 94 14
4'2S 1952
B'way Surf 1st 5s gn 1924 il08 110
78
JmT
80
934
Ohio Peo & St L pref. 100
10>4
MexNat Consiruc.pfioo
North Chic Str stock. 100
2d 5s Int as rental 1905 5 99 "i 101
78
794
\K)\
Deposited stock
3H2
Monongahela K Coal.. 50
350
Pub Serv Corp of N JlOO 106 107
TlCent'l Crosst'n stk. .100 330
27^4 2 7 Hi
3 Hz
Undeposited stock..
Preferred
511
Tr ctfs 2% to 6% perpet 6034 61
TIlStM 6s 1922 ...M-N 5117 121
Prior lien g 4 Hzs'SOMcfeS 5102
Mont & Boston Consol
13t
iHi
North J ersey St Ky 100
24
TICenPkN & E R stk.lOO 205 210
88
Con mtg g 5s 1930. J<feJ
Mosler Safe Co
100
100
185
1st 48 1948
ilChr't'r & 10th St stk 100 177
M-N 78 Hi 79 '2
19
Income 58 1930...
•ii
23 H»
lINat Enam & Stamp 100
Cons Trao of
76»2 77 >3 Chic R I & Pac— Ref 4s
Col& 9th Ave 5s See Stock Exch list
J. ..100
80
UPref erred
88
loo
g
1st 5s 1933
Dry D E B & B—
J-D 5108 108"^
93
1934 op to 1911.. ..A-O
National Surety
125
100 115
New'k Pas Ry 6s '30J-J 5114 II412 Erie con v4.s.\pri'53A<fcO
114
Hist gold 53 1932. ..J-D 111
93=4 9414 TINew Central Coal
i-^
45
20
99 101
Or & New let 6s '05 A-O 5100 10:
itScrip 6s 1914 ....F-A
HFort Worth <fc Denver
N Y Biscuit 6s 1911. M-S 106
Essex Pas 68 1905 M-N 5101
U Eighth Avenue st. 100 390 405
City stamped
44
N Y Mtge & Seem ity 1 00 135 142
52
luo
106
Rapid lYan St Ry..lOO 250 260
TlScrip 6s 1914 ....F-A 105
12
Y Cent del) 4s '34.M-N 99 H,
16
TINew Y'ork Dock
iOO
1l42d&arStF'y8tk..l00 390 406
Ist 58 1921
A-O 109 110
45
Northern Pacific
54
llPreferred
loo
luu
42d St
& St N AV..100 50 70
J C Hob& PatersonlOO
20
6 '4
160
034
When released
N Y Transportation... 20
fllstmort 68 1910 .M-S 104 »2 107
4s g l!Uy
M-N 77
77 Hi Northern Securities.. ioo 1173< 118
1
Nor Am Lum'r cfe PulplOO
IHi
80
85
So J Ga3 El & Trac 100 117 118
il2d Income 6s 1915 J-J
34
Pitts Be.s8<feLE
3 Hi
HOntano Silver
37
4H»
50
loo
155
Inter boroughRapTr.lOO 154
Gng5s 1953
M-S 5102 104
44
Preferred
74
Otis Elevator com
46
77
50
100
No Hud Co Ky 6s' 14 JLex Av & Pav F 03 See St kExc List
113
9J
luu
Seaboard Air Line
Preferred
loo
Metropol Securities See Stk E X list
6s 1928
J-J 5109
110
15
18
Coll tr 53 1907 op... M-S
97H2 98 H. Phoenix Mining
1
Metropol Street Ry See Stk E X list
Ext 5s 1924
M-N «104>2 105
116^ 11634 Pittsburg Brewing
South Pac pref fuUpdlOu
26 H: 243*
50
Ninth Avenue stock. 100 185 192
Pat City con 6s '31. J-D 5120
45
35
Va<fe Southwestern. .100
46
Preferred
50
Second Avenue stocklOO 208 •JIO
2d 68. ...1914 opt A-O 5100
17'4 l7Hj
Wabash Pitts Term By—
Pittsburg Coal
100
IJlstmort 58 1909 M-N 5102 Hi 103 Hi Rochester Ry pref ... 100 100
90
7/
l8tg4sJuuel 1954. J-D
Preferred
7i'»
90H!
100
Con 5s 1930 <See Phila list
Consoles 194ci.... F-A 5110 113
40i« Pope Manufacturing. 100
46
2dg48June 1 1954
4Hi
2d 5s 1933
HSixth Avenue stock 100 172 176
J-D 104 105 112 Industrial
74 H. 78
1st preferred
100
and iHiscel
So Side El (Chic) stk. 100
Sou Boulev 6s 1945.. J-J §102 106
93
93 Hi
14
16
2d preferred
100
Syracuse Rap Tr 5s 1946 5105
So Fer 1st 53 1919. ..A-O 5105 108
Alliance Realty
Pratt <fe Whitu pref.. 100 100
125
lOO 115
Third Avenue See Stock Exch List
United Rys of StL—
138 142
13
TJAUis-Chalmers
Realty .\ssoc (Bklyn)lOO
14
loo
1928 103 106
P & 5s
Tarry
Com votir ctfs
2212
100
65
Royal BakPowdpret.lOO 108 109
60
U Preferred
i uo
YkeisStRK 53 1946A-0 10.-) 107
Preferred
6812 70
loo
61
63
Uussell & Erwin
TlAmer Bank Note Co. 50 t54
57
25
Gen 48 1934
28th<fe 29lh Sts 1st 6s '96 5112
I14'l2
See Stk Exch list
93.
ISO
American Can com.. .100
9 Hi
Safety Car Heat& Lt 100 174
I32
IJTwenty-Tli'd HI stk 100 390
400
UmtRysSanFran SeeStk Exch list
'»
64
Preferred
Seminole Mining
54 H.
100
5 f
J-J
Deb 53 1906
9i;
99
WashKy& El Co 100 23
American Chicle Co. .100 108 112
Singer Mfg Co
100 55o 600
Union Ky 1st 5s 1942 F.A 109 112
Preferred
77 V 77
100
20
92
Preferred
SUiudard CouplercomlOO
95
28Hi
100
Westchest 1st 5s '43 J-J 102 105
4s 1951
85
J-D
85 Hi American E leva led ..
Preferred
lOO 110 125
49
60
H We^ Chicago St
100
Am MaltingOs 1914.J-1) io3H 104 H2 Standard Milling Co. 100 9 10
llCong 53 1936.. ..M-N
32
33
BEOOKLYN
Amer Press Assoc'n.ioo 85 100
Preferred
lOO
77
80
Am Soda Foun com. .100
4
Gas Securities
Atlan Ave 6s 1909. .A-O 5102
644
Ist preferred
68
Standaril Oil of
73
loo
J. .100 641
NEW YOEK
A-O 110 113
Con 6s g 1931
"•2
12
2d preferred
Storage Power
^4
14 H)
100
50
Impt 53 See Stock Exc h list
Cent Union Gas Ist Ss
5107
110
Exc h'ge
Swift & Co See Boston St
170
50 167
E 5s 1933. .A-O 102 104 Con Gas (NY) stk. Sec .st k Exc h list American Surety
BB&
4102 102 Hi
Amer Tobacco (old).. 50 250 500
Ist 5s 1910-1914
JJ
Brooklyn City stock. ..10 238 241
Couv deb 68 ctfs .SeeStIi Exch list
Preferred
Tennessee Copper
34 H*
See Stock Exch list
25 t 34
Con 6s See Stock Exch list
EquitGasconos 1932 See Stk E X list Amer Tobacco (new)
76
90
T]Texas<fe Paciiic Coal 100
Bkin Crosstu 5s 1908. J -J 102
llMutual Gas
100 2yo .:!10
246 255
Common (w i)
Ist 6s 1908
A.O 5105 no
Bku HgUS Ist 53 1941 A-O 104 106 New Amsterdam Gas
Preferred (w i)
92 H2 93
Title Guar & Trust See Trust Co's.
BklnyCocSiSub /See Stk Excii list
1st cousol 58 1948. .J-J 5109 Hi 111
160
65
4s (w i)
65 Hi Title Ins Co of N \'..100 155
Uklyn Kap Tran .See Stk Exch list
9I4
NY GEL H&P See Stock Exch list
108>4 109
Tonapah Min (Nevada). 1 ( 9
6s (wi)
llCoueyls. &Bklyn ..100 340 350
N Y <fc East Kiver Gas—
12 Hi 15
31
.Vm Typefo'rs com... 100
TreutonPotteriescomlOO
35
Isl cons g 4s 1948.. J-J 100 14 101
1st 58 1944
JJ 5112 114
82
85
Preferred
90
Preferreil new
100
100
Brk C <fc N 08 1939.J.J 113 116
Consol 08 1945
JJ 107 110
75
65
Amer Writing Paper. 100
4
4H' Trow Directory ue-w. .100
Gr StJfcNew 1st 6s '06 F-A 100
NY<fe Richmond Gas. 100
21I4 213, Union Copper
35
1
Preferred
lOO
'i
10
Gr'pt (fcLorinier St Ist Os 104
Nor Un 1st 68 1927. M-N 5103 106
90
95
SO
53 1919
Union Typcwr com. .100
J.J
81
Kings Co. Elevated
^Standard Gas com ..100 130 15U
112 115
10
TlBarney & Sm Car ...100
Ist preferre<t
20
lOO
Ist 43 1949 See Stock Exch list
llPreferred
100 155 17<>
118
2d preferred
1 00
1i Preferred
100 ,109 111
Nassau Elec pref
100
75
1st 53 1930
M-N 5110'2 1131.2 Bliss Company com
2
UiiitBoxboard<S; Pap.lOO
50 130 140
2't
68 1944
A-O 110 113
Preferred
ll's 12
Preferred
60 130
145
OTHEB CITLKB
lOO
1st 4s 1951
See St k Exc h list
5
8
Bond<fe Mtg Guar. ...100 465
U S Cotton Duck
N Wb'g&Flatl8tei4>2S 101 104 Amer Light Tract.lOO 66 67 Borden's Cond Milk.. 100 121 125 U S Envelope com... 100
20
100
Stein way Ist 6s 1922.J-J 5118
Preferred
98-2 100
100
73
77
Preferred
loo 110
113
II Preferred
lOO
nay State Gas
6l8
50
British ol Copper
5
5\, U S Really* Imp See St'k Exch list
liiughamton Gas 5s 1938 5 94
16
OTHEB CITIES
97
Camden Land
3
^10
U S Shipbuilding (wi)... 13
'b
Brooklyn Union (-fas deb
70
66
Celluloid Co
Preferred (w i)
100 IIS^ 120
Buffalo Street Ry—
6s 1909 conv '07...M-S 193
3334 34 Hi
15
196
Cent Fireworks com. 100
5 certifs
18
Ist consol 58 1931. .F.A 5112
Burtiilo City Gas StocklOO
5
Preferred
58
loo
U S steel Corp new 5s See Stk E X lial
63
Deb 68 1917
A.O 5105 107
Isl 53 1947 .Sec Stock Exch list
112
Central Foundry
2 '4
100
Coltr sf 5s'51opt '11 .. 5111
Chicago City Ry stk. 100 185 190
Chicago Gas See N Y Stk Exch list
112
Preferred
100
13 H; 16
Col trs f OS '51 not opt.. 5111
Chic UuionTracSeeSt'ck Exch list
Consol Gas of N J
6
100
Deb 6s 1919 op 'OIM.N
64
Universal Fire Ext'r. 100
65
Cleveland Electr Ry.loo
Ist 5s 1936
73\ 75
JJ 92
Century Realty
95
100 105
Uinver-ial Tobacco... 100
\ 1
115
Columbus (O) StRy..lO0 9 7 Hi 98 "4 Consumers' L U <& Pow—
2
5
Cliesebrough ilfg Co 100 420
I'referred .:
lOO
Preterred
loO 109
6s l'J3,S
.T-D 5112
11Clatlin(H B) Ist pref 100
92
Westchester <fc Bronx
101
Colum Ry con Ss ,S«e Ph ila Ust
UDetroif City Gas
50
2d preferred
100
95
140 145
Title & Mort Guar Co
105
Crosst'wu lst5s'33.J-D 5108
Eliza bi'tli Gas Lt Co. .100 220
llCominoii
1 00
95
139
105
Westingh Air Brake.. 60
Grand Rapida Ry
loo
67
Essex & Hudson Gas 100 122 124
60
^1
65
Co & H ock Coal<fe 1 pt 1 00
»8
White Knob Mining. 10
80
Preferred
85 '< FortWayno Us 1S»2.")..JJ
loo
85
91
1st g5s 1917
85
J-J
92
Worthing Pump pref. 100 121 ] 26
Buyer p!vys accrued interest, t Price par share, t Sale price, a Ex rights. xExiUv, 11 Sells on Stock Kxchauge, but not a very active security.
i
Total.
7,333,461 $698,678,000
»52,292,500 $1,695,000
$7,500
Electric Vehicle
1
—
t
&
Y&N
NY&
Outside
NY&E
N
i
t
N
. .
.
N
M
an
t
1
W
M
t
N
t
W
li
'.
1
<fi>
I
1
II
.
1
I
'
—
.
.
Nov.
4
1
.
. .
.
.
.
THE CHRONICLE.
12, 1904.]
2141
and Railroad |ntjellig^ttce.
—^^jj^^^^^j^—^P^Qgg EARNINGS.
IttXTjestrnj^nt
The following table shows the gross earnings of every STF.AM railroad from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the gross earnines for the latest week or month, and the last two
columns the earnings for the period from .Italy I to and including sucli latest week or month. We add a supplementary
statement to show the fiscal year totals of those roads whose fiscal year does not begin with July, but covers some other
T]ie returna of the street raihoays are brought together separaielii on a auhKequent page.
neriod.
Latest dross Earnings
ROADS
Previous
Year
Current
Tear
Week:
or
Month
July 1
to Latest
Cti/rrent
Year
Latest Gross Earntnqs
Date
ROADS
PrevtoMS
Year
Week
Current
Year
Month
or
O A No East. October...
& Vloksb'g October...
Vioksb Sh & i\ October...
Allegheny Valley August
JSI
Ala
Dec.
.
Atlanta
<fe
39,333
,156,340
Atlantic ABIr... September
All Coaat Line... Swptumber
Bait & Ann SI... August
Balt& Ohio
Bangor
223.355
126.SU8
129,518
wUNf.V
l8t
&S
Atoh Top
& Arooel
September
September
Bellefonte Ceut'I October...
8aoo R.
Brlrtgt
Bi>JlRoch& .Uls
Bullalo ASuaq...
Oal & North w'n.
&,
September
Isi
wSNov
September
Oi'tober.
Canadian North.. Ist wkNov
Canadian PaolUc IsT, WkNov
Cent'l of Georgia 4th wUUct
Cent'l of N Jersey Septemhor
Chattan South'n. 4th wUOoi
Cheeap &, Ohio... September
Ohio & Alton Ry. September
Ohio Gt Western. kill wkOot
Chloind AL.'7... iia wi.Oot
Ohio Milw & 8t F September
September
Ohio & North
&0. September
Ohio St
Chic Term Tr KR •Ith wkOct
Oln N O & T Pao. 3d wk Oct
01 Cin Ch & 8t L. September
Peoria <& East'ii September
PM
W
Colorado &8outli 4th wkOct
Col New b & Lau. August
Copper Range.. August ..
.
Cornwall
Cornwall ALeb..
Deny. & Rio Gr...
Det & Mackinac.
.-September
September
Ist
wkNov
September
Detroit Southern. 4tU wkOot
DulSoSh AAtl.. 4th wkOot
September
Erie
F'rchlld & N'r'e'i) September
Farmv& Powbal August
Ft W A Deny City September
September
Georgia RR
Ga South A Fla.. October...
July
GilaValG A N..
Gr Trunk System 4th wkOot
GrTr. West'u. 3d wk Oct
Det Gr HAM.. 3d wk Oct
301,132
ss,yo2
,729,665
13,918
.048,760
192,443
5.381
4,576
161,920
101,853
157,385
98,400
,122,000
357,429
,834,750
3,816
,718,890
,268,158
245.422
157,757
154,046
15,973
67,254
5,059
19.929
371,000
79,904
47,271
77,728
,024,022
2,281
8,702
213,907
220.264
152,392
41,126
,031,948
113,925
27,880
,496,917
IntA
& Iowa...
September
GtNortb'ii ist
wkNov
tlnteroc(Mex)... 4th WkOct
let WkNov
Iowa Central
Ranawba A Mlcli Ist wkNov
Kan City South'n September
LakeErie&Westn October...
Lehigh Val RR.. September
Lexing AEast'n. Sei)tember
August
Long Island
Louisiana A Ark. September
Louisv <te Nashv. 4th wkOoi
Macon & Birm... October
Man'teeAGr. ii:ip September
Manls A No Eas August ...
October...
Manistique
Maryl'd A Penn. August
IMexican Cent'l. September
I Mexican I -1 tern August
Wk Oct '22
tMexioau Ry
iMexicanSouUi'i 3d wk Oct
. .
Mlllen
it
So'w'u.
Mineral Range.
.September
4th WkOct
Ist WkNov
Ist WkNOT
Ist WkNov
Central Brstneli 1st whr-iov
Total
IsD wkNov
Mlnueap A St L
Mo Kan & Tex an
Mo Pac&IronMi
803,150
228,490
832,116
439,651
1^1,882
393,136
454,784
134.670
453,710
DfC. 279,251
142,862
703,375
38,639
740,375
5,870,813 16,343,511 16,852,139
618,417
275,959
536.221
245,094
162,721
55,923
1,533,416 4,658.748 4,308,671
27,521
28,257
12,u42
6,028,069 17,193,654 17,881,984
522,271
183,226
512,200
16,063
7,371
25,328
13,79
13,034
3,808
150,213 3,030,967 3,037,380
278.410
89,500
246,726
654,935
143,669
601,74(5
81,200 1,401,900 1,191,700
1,014,000 18,940,947 17,512,764
313,095 3,501,241 3,143.340
1,770,853 5,735.979 5,640,700
48,236
3,069
36,978
1,572,707 5,210,175 4,789,374
1,073,534 3,408,362 3,073,607
272,318 2,599,060 2,937,124
169,177 1,988,529 1,987,399
4,418,733 12.897,411 12.756,337
$
271,994
8,156
302,062
182,539
315,709
23,978
217,831
,817,317
45,318
119,518
24,654
143,606
143,830
155.041
53,015
31,402
543,341
447,190
,510,869
39,218
Inc.
69,707
,100,300
15,148
8,064
36,609
9.698
30,780
,921,422
550,471
111,300
21,253
7,974
25,693
62,830
456,945
681,000
24,000
705,000
2d week Aug. (46 roads).
3d week Aug. (46 roads).
4th week Aug. (52 roads).
1st week
(50 roads).
2d week Sept. (50 roads).
3d week Sept. (49 roads).
4th week Sept. (51 roads).
Ist
week
Oct.
(46 roads)
2d week Oct. (46 roads).
3d week Oct. (47 roads),
4th week Oct (l.'i roads).
1st
week Nov.
J
(22 roads).
Mexican currency.
operated,
\
4th WkOct
Nev-Cal-Oregoii October..
Nevada Central.. August
8,484,122
8,607,235
14,017,039
8,934,369
9,598,364
9,677,980
12,845,791
0,273.472
9,-542,745
10,126.282
14,'Z97,971
5,148,717
Northern Central
North'n Pad tic.
Ohio Riv& West.
Paciilo Coast Cv)
September
October...
September
September
328,708
194,107
304,327
25,588
2,323
3,832
7,176,818 7,166,763
594,449 602,800
208,305 214,809
2,012,635 1,883,661
935,719 879,319
5,352,011 5,243,537
20,795
20,420
559,303 538,081
ePeun— EastPAE September 10388650 10680750
eWestP A E ... depteuiber Dec. 13 9,700
wkNov
287,066
226,280
PhilaBalt&W'sh September 1,202,890
August
769,511
Phila A Erie..
Pittsb C C A St I, September 2,140,584
3,637
Raleigh & O Fear September
Reading Railway Se^itember 2,817,873
September 1,971,823
Coal Air Co....
Total Both Cos Sopiember 4,789,696
1,228,590
Pere Marquette.
Rich Fr'ksb A P
Rio Grande Jet..
Rio Grande So..
Rook Isl'd Sys..
KR
Ist
August..
August..
4
til
wkOot
September
September
September
September
Ist
WkNov
110.940
46,256
13,740
4,117,881
232,345
116,864
3,535,143
196.035
348,737
October
September 1,117,223
129,975
October. ..
780,104
2,232,723
.
. .
W
.
.
W
2,929,236
152,332
2,750,014
3.645,442
3,653,882
90,865
4,069
28,192,246
1,943,825
600,076
5,783,793
2,693,270
18,491,352
58,483
1,774.808
30,169,643
Dec. 79
4,871,444
3.620.395
1,489,056
6,133,524
11,565
8,434.069
6,590,973
P&
8,357,622
8,477,839
12,810,025
8.563,783
9,017,197
8,928,593
12,280.423
8,708,991
8,902,024
9.269,091
13.988,402
4,621,163
Inc. or Dec.
+ 126,500
+ 129.396
P. ۥ
1-51
1-53
MONTHLY SUMMARIES
Month Nov. 1903
(129 rds.)
IMouth Deo. 1903 (l.:8 rds.)
9-42 Mouth Jan. 1904 (127 rds.)
+ 1, '207,0 1
+ 370,586 4-33 Month Feb. 1901 (129 rdn.)
+ 581.167 6 44 Month iMar. 1904 (125 rds.)
+749.387 8-39 Mouth Apr. 1904 (127 rds.)
+ 565.36« 4-60 Month May 190 4 (128 rds.)
+ 561,481 6-48 Mouth .luiio 1904 (108 rds.)
+ 640,721 7-20 Mouth JiUy 1904 (r25 rds.)
+ 857,191 9-25 Month Aug. loot (122 rds.)
+ 309. 5(59
+ 5'27,554
2-21
11'42
Month Sept. 1904
Month Oct 1901
(
(
riate.
Previous
Year
2,722, 761
122, 119
2,578. 097
3.519, 870
3,663, 242
81, 155
6, 725
23,165, 008
1,966, ,887
697, 629
5,754, 475
2,721, 370
18,182, 125
58, 233
l,6(i5, 797
32,717, 443
9.100
4,317, ,281
3,570, 395
1,556, 426
6,619, 318
Current
Previous
Year
Year
Dec. *50 3.615
$1,767,931 $1,597,718
043,822
45,518
8,026,554
4,7 18,839
4,118.804
287,252
72,419
155,677
4.682,884
.
OF GROSS EARNINGS—Weekljr and
Latest
2,922,121
9,126, 422
2,121,012
7,997, 560
5,043,133 15,025,04'. 17.123, 982
238,929
107,44
231, 700
89,188
104, 930
53,973
154,676
11,283
169, 046
4,390,597 11,048,694 12.741, 638
720,734
709, 223
232,068
1 22,303
343,711
356. 443
3,191,717 9,731,381 9, '274, ,875
162,894 3,227,719 2,687, 550
227,812 1,267,283
877, 353
987,684 3,103,23
2,908, 963
476,619
441, 147
118,590
7,903,767 14.909,935 15.632, ,891
1,400,182 16,435,803 15,387, ,250
206,733
788,879
760, ,848
230,654
227, 099
60,938
272,086
226, 870
31,885
4,284,352 4,051, ,008
256,879
17,100
56,200
51, 200
75,937 1,561,426 1,442 ,928
450.084
452, ,780
38,512
57.552 1,399,395 1,206, 160
202,550
191, ,253
13,037
5,182, 8'14 14,905,551 14,306, 684
147,192
187. 151
68,208
429,461 10,166.718 8,997, 023
439,808 1,740,639 1,766, 639
84,514 1,657.686 1,73 -^ 051
14,883
50,538
52, 167
115.888 2,547,793 2,567, 279
3s, 586
45.871
15.918
730,330 2,542.053 2.377, 223
4,831,70(1
62 ,454
8,665 ,178
4,768 ,836
4,373 ,4 25
2.) 2
,431
59 ,003
163 ,457
4.80O ,242
4,424, ,200
828, ,591
952,967
35,288,231 35,13(i ,963
1.435.000 1,270 ,000
36.7/3.231 36.406 ,963
9,553.350 9.410, ,622
7,571,864 7,761 ,564
86,865,419 9:2,87-', 711)
iJec. 2,1 74,200
10,204.007 9.(;08, 300
10,193.106 10,194, 406
4.959,722 5,164, 432
17.751.683 18,500, 162
421, 612
397,075
2,990.869 2.466, 421
2,l'20,-i69
632,924
9,721.141
3,522.091
2,028, 228
629, 647
9,(536, 530
3,491, 491
Monthly.
Current Year PreviousY^ar
140.9'22, ,833
13(i.551, ,834
121.307, ,020
I i'<,145, ,889
133,218, ,211
132,433, ,290
130,935, 613
113,351, 491
132,242, ,(V21
145,292, 493
66 rrls ) (il.589 ,566
67 rds.) 06,390, ,161
$
135,195,056
131,146,421
1
'27,083,582
115.448,815
133,294,034
136,783,139
134,660,386
114,280,175
139,712,599
144,558,473
59.124,478
03,939,889
Hous. A Tex. Cent and its subsld. Hues ia botu years aud for botu periods,
Eastern Ulinols In both year*.
h Includes the
A
..
N YC& Hud Riv October...
N Y Ont& West. Septembei
N Y Susq A West septe:aber
Norfolk A West'ii September
H
Current Year Previous Y'ar
g Includes the Chicago
10,338
RRof Mex
tNat'l
274,963
174,763 2,068,207 2,287,805 Southern Ind
31,884
17,357
33,820 So Pacitlo Co 6... August .. 7,779,3V6
123,744
45,878
101,639 Southern Railw'y 4th WkOot 1,411,467
16,969
6,459
26,730 Terre
October...
208,891
A Ind
58,017
18,697
82,430 Terre H A Peor.. October...
54,2»9
342,900 6,291,315 6,743,281 Texas Central
4th WkOct
31,909
250,684
82,y05
246,422 Texas A Pacific. lat WkNov 282,205
306,228
54,689
602,449 Tex S V A N
17,800
October...
947,302 1,021,361 Tol & Ohio Cent Ist WkNov
81,950
78,836
4,224,844 12,058,347 13,108,696 Tol P A West .
33,601
4th WkOot
7,871
1,725
7,511 Tol St LAW.... Ist wkNov
70,990
16,689
7,094
13,161 Tor Ham <fc Bull 3d wk Oct
15.388
229,940
596,955
752,006 Jn Pac System .. September 5,427.858
588,486
553,431 Virginia & So W'n September
198,575
49,669
568,930
153,744
562,306 Wabash
450,955
Ist wkNov
41,126
Jersey A Sea'e September 445,008
1,099,961 12,478,695 12,891,114 Wheel A LE.... Ist WkNov
86.030
14, '^27
118,163 1,515,608 1,748.984 Wm'sport&N.Br Septembei
506,512
445,511 Wisconsin Cent. Isi wkNov 137,300
27,593
4,823,922 15,245,309 15,842,107 W'rightav A T'n. September
21,815
780,409
183,050
741,510 Yazoo <fe Miss. V Octot>er
796,076
5,006,972 16,025,718 16,583,617
623,938
52,423
638,502 VARIOUS FISCAL TEARS
Feriod
117,279 2,394,314 2,399,658
16,857,015 16,154,601 Allegheny Valley
4,357,333
to Aug.
Jan.
99,074
64,165 Atlanta & Chart Air Line
20, 1 20
to Aug.
Mar.
391,956
125,861
369,848 Atlantic & Birmingham
to Sept.
Dec.
131. lOU 2,313,402 2,216,076 Bellefonte Central
to Oct.
Jan.
152,073 1,918,108 1,829,093 Chic St P Minn & Omaha
to Sept.
Jan.
933,590
50,124
877,101 International & Gt North'n Jan.
to Nov.
643,947
30,819
611,848 Lake Erie & We.stern
to Oct.
Jan.
522,731 1,539,313 1,534.033 Manistee & North Eastern.. Jan.
to Aug.
482,363 1,793,575 1,925.980 Maniatique
to Oct
Jan.
2,703,653 7,477,733 8,187,589 Maryland & Pennsylvania.. Mar.
to Aug.
117,467
50,904
155,049 Mexican International
to Aug.
Jan.
X»f-c. 43, 802
; Mexican Railway
51,871
to Oct.
Jan.
195.708
51,892
160,761 JMexican Southern
Jan.
to Oct.
1,177,952 12,735.896 12,581,416 Missouri PaciUc
to Nov.
Jan.
47,561
16,444
48,202
Central Branch
to Nov.
Jan.
24,181
26,432
7,768
Total
to Nov.
Jan.
70.941
34,753
64,439 tNatioual RK of Mexico
Jan.
to Oct
3,957
36,45/
29,323 Northern Cent ral
to Sept.
Jan.
55,615
32,201
60,831 ePennsy., East of P & E
to Sept.
Jan.
2,020,31(1 5,988,132 6.076,003
eWestof
E
to Sept.
Jan.
536,801 1,121,277 1,079.689 Pero Marquette
to Nov.
Jan.
112,800 1,792.800 i,6rt4,700 Phila Baltiiuoro &Wa8h..., Jan.
to Sept.
34'.:,U66
23,729
316,857 Philadeii)hia & Erie
Jan.
to Aug.
20,659
12,620 Pitts Ciu Chic & St Louis
4,909
to Sept.
Jan.
237,079
20,804
200,684 Rio Grande Junctiou
to Aug.
Dec.
63,298 l.i44.665 1,143,600 St L Vandalia & Terre H
Nov. 1 to Oct..
384.647 7,656,212 6,744,307 Terre Haute & Indianap
Nov. 1 to Oct.
506,00(1 15,734,610 15,615,481 Terre Haute & Peoria
Nov. 1 to Oct.
630.000
2(j,000
668,000 Texas A Pacific
an. 1 to Nov.
622,000 10,364,610 10,283,481 West Jersey & Seashore
Jan. 1 to Sept.
AGGKEGATl<:!>i
WEEKLY SUMMARIES
StM. 4th wkOot
A K C. Wk Oct.29
Mobile A Ohio... 4th wkact
NashCh A St L.. Ist wkNov
H
Illinois Central.. tjotober...
Illinois Southern October...
111
MStP AS
LA
,599,486
Ind
933,253
,690,137
,386.624 5.133,331 14,940,714 14,743,479 Rutland
,220,995 1,100,611 3,046,518 3,068,160 St.TOH AGr I....
539,299
45,07a
47,631
569,367 St
San Fran (?
145,633 140,325 2.248,025 2,149,883 St L Southwest
,150,496 1,965,118 6,040,678 5,826,668 St L Van <te T
755,363
261,521 300,831
782,668 Seaboard Air L..
Great Northern.. October...
Montana Cent'l October
Total system. October, ..
Gult&ShlpIslaud 4tU wkOot
Uockiug Valley.. 1st WkNov
. .
952,793
IMob Jack
Fe. September
Char.. August
Ann Arbor
60,424
62,016
to
1
Current
Year
Previous
Year
3=
AlaGtSoutlioru. 3d wk Oct
Ala N O & rexHf Pacillc.
July
e
Inc. or J)cc.
P.O.
+ 5.727,777 4-24
+ 5,405,413 412
— 5,776.5()2
4
55
+ 2,997,074 2-60
—75,823 006
—4 ..349,8 19 318
—3,724,773 2-77
— 928,()84 081
-7,4()9,978 5-35
+ 734,020 0-51
+2.465,088
417
+ 2,450,272
3-83
Covers lines directl/
.
.
.
.
.
—
,
THE CHRONICLE.
2I4J
Latest wro88 Earnings by Weeks.— In the table whlob
we sum up separately the earnings for the first
wenk of November, The table covers 22 roadB and shows
11*42 per oent Increase In the aggregate over the same week
[Vol. lkxix.
— Gross Earnings. —
PrrVKiUI
Current
last year.
1<(
«oM* 0/ November.
1904.
Ann
Arbor..
Baffalu Rooh.
Ptttsb'v
<9b
Canadian Northern
Oinartlai) Paolllo
D«inver
A Rio Orande
Hooking Valley
Ini^^mational A Ut.No..
lowaOentxal
Kanawna
..
Mlobifran.
<h
A at. LoulB
Mo Kansas A Texas
Paolflo & Iron Mt
Mo.
Minneapolis
. .
Central Branch ...,
Naahv Chat. & 8t. Lools.
Texas
<& Paolflc...
'"rto
Ohio n«ntral
*
Toledo
St. L.
&
West....
Wabash
..„
Wheeling
A Lake Brie.
.
WlBoonHln Central
Total (22 roads)
Net inorease (11*42
456.94.^
68 ,000
24,000
194,107
28 7,OB6
1
S
38,639
160.213
81,200
1.014,000
342,900
117.279
134.100
60,124
30.819
63,298
384,647
596,000
InereoMe.
9
Deereaie.
$
694
11.707
17,200
108.000
28.101
2,239
9.730
2.891
583
...'.....
""468
iY,'568
530,022
527,554
196,03 ^
282,205
78,836
70.9^0
460,955
88,0^0
137,300
p.o.,
60,-86
38,141
25,326
2,899
13.438
21,491
1,5 6
21,412
2,468
^
..-
..
Georeia
Chattanooga Sonthem.
Chicago wreat Western
Oflntraj or
Ohio, Ind'pUe
A
Loulsv..
Detroit Southern
Polnth So. Shore A Atl
Qr'nd TrunSt of Canada
>
9
7,047,425
61,434
313.095
54,689
81.950
26,896
11,420
7.418
4,222
1,031,94"
1,099,961
68,013
45,31F
155,041
1,100 300
52.423
152,073
7,105
3,06«
9
9
356,079
134,724
819
44,334
747
272.318
169,17-7
20.804
271.994
753.128
920.54R
1110,388
118.156
328,708
304,827
391,752
302.0«2
315,709
344,12
11.283
1S,74<
1,411,4631,909
33,601
"2,968
1,177,9=.2
25.ti9^
274.96:-
"4. 88*9
2,969
162,425
2,1H2
26,646
8,171
21,876
6,318
18,784
685
def.2,218
def.4,031
def.1.845
48,538
126,597
26,860
66,583
23,188
56,169
Joly 1 to Sept 80
276.741
277,311
N. Y. <fe Pennsvlvanlab—
85.831
July 1 to Sept 30
29,178
St. Jos. <b Od. iBl.bSept
122.303
116,864
343.711
356,443
July 1 to Sept
Seaboard Air Line aSept 1,117,223
987.684
July 1 to Sept do
S,1C3,238 2.908,963
116,060
ToLPeorla&West.bOot
108,948
450,084
452,780
July 1 to Oct 31....
WmsD'rtA No.Br.aSept
14,227
14,883
62.167
July 1 to Sept 3i' ...
50,538
Yazoo <h Miss. Val. a Sept
648,587
682,110
July 1 to Sept 30.... 1,745.977 1,646,893
88,772
30,621
8,019
dftf.3,597
33.465
98,885
34P,601
856,080
24,041
68,339
238,890
683,126
24,089
107,648
3,761
15,720
53,376
tric Co....
July 1 to
Sept
Sept 3o
77.652
—
663,631
309.569
354,062
July
1
to Sept 30
305
& Leban..Sept
Cornwall
July 1 to sept 30
A
&.
Granoe Sept
July 1 to Sept 30
Edison Eleo. Ilium. Co. of
Brockton, Mass.. Sept
Jan. 1 to Sept 30
433
543
1,629
Ne' Earnings.
2.779
30,753
t345,452
t968,791
765
8,765
1,242
7,808
2,722
26,388
2,355
11,868
255
728
93
187
8,387
26,876
11,539
32,379
2,188
26,450
2,187
36,250
5.595
85,405
3,063
49.192
Sept
to Sept 30 ...
Electric Light
1
—
Sept
1,118
l,0=i9
3,4^26
3,279
7,053
18,460
5,356
15,516
9,347
24,256
10.020
28.192
17,513
38,327
13,168
27,977
65,140
63,876 *df.20,511 *df.26,416
July 1 to Sept 30
Minneapolis Gen. Elec-
Sept
Co
1
Ciin-ent
I'reviotis
Tear.
Tear
Tear.
59.809
163,849
1.726
12.516
68.995
168,272
2,941
25,227
$
172,838
535,517
7,371
62,454
$
to Got. 3i....
Boston A Maine, b.-July 1 to Sept. 30
9,908,851 9.839,514 3,192,858
4,^76
Brldgt. A Saoo R.b Sept.
3,808
1,702
July 1 to Sept. io....
13,791
13,034
5,351
1
Central New Eng b.—
July 1 to Sept 30
214,762
18,529
Cbio. ind.dtliiiuih.a Sept
503,239
214,857
l,48.i.740 1,477,760
July 1 to Sept oO
594,865
Cornwall <&Leb»r),.Sept
18,697
19,929
6,576
58.017
82,430
July 1 to Sept .>o
20,482
Den.&RioG'di- •>...sept 1,524.999 1,648,487
645,425
July 1 to Sept 30... 4,271,615 4,777,081 1,766,341
£dlson Elec. Ilium. Co. of
9.682
8,129
Brockton. Mass.. Sept
3,487
73,314
Jan. 1 to Sept lO ..
82,004
35,153
Fall Blver Gas Works
29,094
28,353
Co
8.642
Sept
78,897
July 1 to Sept 3"
81,248
27,604
9;)9,234
Sept 3.623,043 2.634,236
Qr. Trunk of iiHu
July 1 to Sept 3^..- 7,7iJ2,162 7,941,154 2,591,411
601.250
422,412
Gr. Trunk Weni .Sept
55,478
1,154,334 1.367,000
62,291
July 1 to Sopt 30
136,262
138.208
43.312
Dettir. H. * Mil. Sept
425.818
367,687
140,155
July 1 to Sept -O ...
.
19,762
39,879 'df.20.659
2.5.59
4,103
12.160
8,461
334,806
t302.557
991,744
1784,601
to Sept 30
...
1
to
Sept 30
278,467
514,864
.
.
Houghton Coaiiiy EL Lt.
(Honghtoti, M oh.) Sept
13.303
7,783
16.501
166.150
Got 1 to Sept S< ....
178.495
81,855
^lllnois Central... a, Sept 4,340.706 4.003,963 1.444,326
July 1 to Sept3o....l2,36O,O90 11,797,-i68
3,958,582
5,227
22.183
67.183
251.945
747,212
23.007
92,074
2,798
8,3,56
373
18.933
56.816
230,211
692.711
23,802
92.327
3,863
8,402
2,822
11,272
26,702
*99,282
*1 20,3 45
def 8,«39
def. 1,593
1,656
6,666
def. 3,970
5,108
11,523
*8.772
'•df.2,868
787
15,316
893
7,318
.
Previous
Tear,
Jan.
*32,954
*62,589
2,508
20.897
2,029,320 '1,263,193 •1,227,093
607
1,159
841
1,519
3,722
3,954
50,420
4,017
12,021
346.369
1,035,191
July 1 to Sept 3o
Houghton County El Lt.
(Hooghton, Mich )S6pt
July
Current
July 1 to Sept.3o ..
BellefonteCentr'l bOct
$
*83.686
-84,812
1,4 SI
9,466
New London Northern-
— Oi-oss Ear^iinys. —
$
Tear.
Works
River Gas
tric
Tear.
4,330
2,032,668
..
157,900
489,708
5,381
45,518
126,504
—Bui. of Net Eam'gs.—,
Current
Previous
$
3,050
Earnings Monttily to Latest Dates.—The table follow N. Y. & PennsylvaniaJuly 1 to Sept 30....
lag shows the gross and net earnings of Stbam railroads
8t. loe. &Gr. l8ld..Sept
July 1 to Sept o ...
reported this week, A full detailed statement, including al]
Sept
toads from which monthly returns can be obtained, is given Seaboard Air Line..30
July 1 to Sept
onoe a month in these columns, and the latest statement of Tol. Peo.A Wfst. Oct
July 1 to Oct 3 1.-..
this kind will be found in the Chboniclb of Oct. 22,
W'mflport A No. Br. Sept
1904.
Th? n3zt will appear in the Issue of Nov. 19. 1904.
July 1 to Sept 30
Sept
,
36,848
97,779
i^et
Roads.
4,4.^4
16.002
167,560
302,759
$
26,837
80,565
Riv.Sept
to Sept 30
July 1
Oent. New EnglandJuly 1 to Sept 30
D«n.
$
& Saoo
July
Figures are for week ending Oct. 29.
Ann Arbor, b
880
A Maine-
Boston
Lowell
Corporation
4,911
—
Rentals, etc.
Previoxis
Tear.
Int..
Roads.
Ann Arbor
Sept
July 1 to Sept 30
Bellefonte Central Oct
Jan. 1 to Oct 8i
Oct
24
<
14,068
90,481
Tear.
Co
11,285
31.885
38.512
3.875
14,914
Current
Fall
10.882
1,400,1 SZ
52,774
139,315
1,2.^7
a filet earnings here given are after deducting taxes,
b JleteairnlugBnareglyenareoeforedeaaoiiiig i.axea.
Brldgt.
'47,6/6
2,457
14,297,971 13,988,402
i^
Dureate.
9
7,267.730
60.61^
357,429
3,816
245,422
157,757
47.271
77.728
*!
Gull <fc8hlD Island
IniBrooeanio (Mex.) ...
Loolsvuie & Nashvlile..
Mineral Range
Minn. St. P. A S. Ste. M..
Mo. Kansas a Texas.
Mob. Jackson A K.. City..
Mobile <fe Ohio
National RR. of Mexloo.
Pers Marquette..., ....
Rio Grande Southera. ..
Boatttern Railway
Texas Central
Toledo Peoria A West'n
IT
Inereaie.
19,200
68,618
8,064
24,181
9,698
72,419
18,149
81.071
7,768
26,432
3,957
89,003
>
Grand Trunk West ..
Det. Or Hav A WUw.
Total(46 roads)
Net Inoreane (2-21 p
1903
1904.
PrevlouBly rep'd (21r'dB
Aan ArDor
$
Rocidi.
Lowell Electric Light
Corporation
Sept
Joly 1 to Sept 30 ...
Manistee A Gr. Rap. Sept
July 1 to Sept 3"
Vanlstlqne.b
Oct
Jan. 1 to Oct 8u
Minneapolis Gen, Elec-
f
4<A week of October
>
Tear.
Interest Charges and Surplus.
urth week of October our final statement covers
45 roadp, and shows 2'21 per cent increase in the aggregate
over the ame week last year.
For the
Tear.
.
"2,066
26.01(0
18^,639
226,280
162,3^4
256,879
75.937
57.552
429,461
84,514
115,888
Tear.
Tear.
New London Northernb-
72,298
86.000
8,148,717 4,621,16 3
Pere Marquette
...
St. ix)oip8oathwe8tem..
T
9
39,388
161.920
98,400
1,122,000
371.000
119.518
143,830
5^,015
31.402
62,830
1903.
A'e/ Earnings.
Current
Previou J
'
,
follows
After allowing for other Income received.
TheMe agnrei) are after allowing tor other income andf ordlBOonnt
and exchange. The sum of $10,000 Is deducted every month from
surplus and placed to credit of Renewal Fund.
*
t
STREET RAILWAYS AND TRACTION COMPANIES.
3,153,365
1,048
8,473
58,180
212,203
621,316
6,8S7
42.913
664,113
1,886,348
11,632
32,566
939,721
2,592,384
66,671
126,069
43,312
111,443
5,250
75,442
923,790
2,645.675
ffeskoru-
/.
Ourren I
Tear
tear
Tear
Mieti
na:e
Previous
fear.
~i
Albany A Hudson ... September 29.477
119.8 >*«
Amerloan R'ys. Oo.||. October
September 4«.78^
September 22.41 »
6\H6t
August
Aor. Elgin A Ohio, Ry
Bingham ton Ry
Boston <Sz Worcester..
Bnrllngt'n (Vt.) Trao
6,«S«
SHpt«'mt)er
8epteiut>ei '63.65
Oal. Gas & Electric.
Cent Penn. Tract... Sep ember
& Mil. Eleo.
&OaU Park
Ooiober
October
niiioago
Ohio
3,597
19,776
Hrott Aur>tk>.y«
Laieti
Gross
eabhinqs.
Oin.
Cln.
44,18
& Traction...
& Light
340.177
19.
'.52
2i'.932
60.124
'"7,7Vi
55.62.'>
371.90
H58.474
372,440
7<!,103
49,983
121,410 109,00"
July.
396.587
237.943
670.883
391.486
730,26
4J,3J"
69,834
47,581
183,591
88,656
2i.S,<*iV Z,8cv3,70
397,9--''
45,75:1
..
209,011
1.143,867
.201.94
I6.7t>3
...
Dayton A Tol.Tr. Seotember
Newp. A Coving.
Light
221.919
30.175
i
682,391
Citizens' Ry.
(Mnsoatlne. Iowa).. September 10 4I.S
Oleve.&So.W.l'r.Oo.. 9t>pti mber 4e.28H
Septembrtr 23 IS"
Oleve. Palnsv. & E.
Detroit United Ry..u «th wh Oui 121.144
Duluth Street Ry ... 1st wk Niiv 12.01V
East St. Louis A Sub. September 131, 47>Rlgln Aurora A Son. Septemoer 38,8f6
.
Fc.
77.74:
73.602
43.159
353.071
330,231
172. i8t
164 884
23,0 .'3
ll«.t>4.s J. 765,701 i,670,379
bili.llii
830,636
12 139
755.024
9%<J*3 980.29i;
341.09
846.140
40.44t>
9.71V*
Wayne & Vabash
Valley rraotUm... September
Geary Street Ry.... September
Havana Eleo. Ry.Co. Wk.Nov. b
Honolulu Rapid Tr.
A Land Co
Houghton Co.
54.109
I
September
Bt.
402,175
443.534
48,517
14,86
36.865 I2'9,0i8
26.741
Ry Seoteiuber
18.4M
24,867
1
1,434,281 ll,242i689
242,949
14-'
7-
I
201,724
145 098
..
.
.
.
..
.
—
1
9
Late$l OroBi Slarning$.
Gkoss
J
1
THE CHEONICLE.
If ov. 12, 1904.
abkimor.
—
-
Week or Ml
Jan. 1
OuVnt
to
Latett Dale
Our rent
Year.
Year.
9
Interest Charsres and Sarplns.
Prevtout
Year.
9
38.598
Year,
2143
l7i(..
-
Rentals,
etc.
—
,
Current
HonBton Eleo. 8t. By. fleptember 33,6lf^
Illinois Traotion Co. September 82.496
IndlaDsp. &East. Ry September 21,693
iDdlanap.Ai Martiss
vlUe Rapid Tran.. October...
Indl anapollr& North
September
•western Traotlo n
Intern at'l Tract. Co.
.
SyBtem
(Buffalo)...
Ithaca Street Ry
JachBonvllle Elec.Oo.
Kansas City Ry.&bt.
Lake Shore Elec. Ry
Lehigh Val. Trao. Co
Street By. Dep
Electric Light Dep
Lexington
By
37,109
365,379
September 67,468
Heptembei
September
September
September
October...
September
September
September
Oas Department.
New London St. Kv ADgast
Norfolk Ry.&Lt. Co.
Railway
Jnly
July
14,0ie
8,039
3,017
4.376
12,753
8,303
2,88C
72,216
24,82';
32,95i;
73,107
26,812
33,097
18.799
83 592
Septembei
2,2
V'
October ... 126,837
.September 20,998
September
872,92f)
71,428
343,040
7,742
90,708
78,915
669,71.1
84,014
666,301
3Hb,l9ti
405,864
41,94
111,006 1,055,569 1,024,823
11.687
90,024
85,334
1052
83,197
19.700
163,913
i48,8V7
258,8629,164
241,450
1.905
18,158
17,214
108,051 1,233,247 1,054,462
60.600
Transit...
( Brazil
& Po. Co
Sayannah Elect. Co
11,826
98,238
j
July
!^eptember
106,000 100.587
48,843 48,606
401,883
3 8 6,07 fi
Soranton Kallwav.
September 77,54.^ 78,62^
647.912
619.677
Seattle Electric Co.
September 19t).29.'S l''6,678 1,708,665 1.538,607
Sonth Side Elevated October .. 129,101 132,971 1,268,058 1,273,081
SpringU'd <b Xenla Tt Wk.Oot.30
l,0t6
1,067
Syraonee Rap.Tr Ry September 72.78^ 72,07f
633,408
594,668
Tampa Electric Co. September 31,201 26.046 262.71(.' 2.13,545
Terre Haute Elec. Co September 52,14B 46,712
420,64'^
342,824
ToL BowLGr.A So.Tr July
24,134 26,402
160.112
148,459
.
Toledo Rys. & Light
Toledo & Ind. Ry
Toledo & Western..
Toronto Railway ...
TwlnClty Rap. Trail.
United of San Fran
Wash. Alex. & Mt. V
Yonr gstown- Sharon
.
Sr-ptember 150,344 150.011 1.289,947 1,225,929
August...
9,152
7.389
September 20.864
162,767
Wh.Nov.
46,68^ 39,964 2,034 532 1.804,766
wk Oi^t 121,210 112.669 3,574,108 J, 367,515
>!h
September « 17,64V 541,196 1,917,010 4,580,576
182. H42
September 22.350 21.321
173,674
September 37,194
340,099
.'i
Spanish sliver.
These are results for properties owned
n These earnings Inolnde the Detroit United By., Detroit A Port
Huron Shore Line and the Sandwich Windsor St Amherstbnrg By.
}
II
Street Ballwai Net Earnlni^g.— The following table gives
the returns of Street railway gross and net earnings receive.'
this week.
The last general summary which we furnish oncf
a month, and in which we bring together ail the roads from
which monthly returns «an he procured, was given Oct.
29, the next will be given Nov. 26
.\c/ Jiarniuffs.
Gross Earn 171 ffs.
^
Current
Ciirren'
Pnoious
Frevimie
—
—
—
<
,
Tear,
£oad$.
$
Brooklyn H'ghts RB..b—
1 to Sept 30
July
3,184,039
Ohio.& Mllw. Elec Oct
55,625
JaiL 1 to Oct. 3i
379,902
Fort Wayne <fe Wabash
Valley Tract' "n ..Sept
54,109
Jan. L to Sept 80
443,534
Houghton County St. Ry.
(Hancock, Mich.) Sept.
18,451
Jan. 1 to Sept 3u
147,773
Houston Elect. Co. Sept
33.615
Aug. 1 to Sept 3o
58,803
Indianapolis & Martinsville Rap. Trans.. Oct
9.779
Jaoksonv. Eleo. Co. Sept
22.947
Jan. 1 to Sept 30
211,322
New York & Long
Year,
Tear.
I'cdr.
$
8,699,713
43,307
237,943
1,446,196
37,813
236,346
1,709,258
32,561
4e,5l7
402,175
21.2«<2
152,168
18,171
136,782
16,478
145.098
38,698
79,422
8,95.'?
7,102
47.456
14,211
15,940
34,224
21,813
181,853
4,835
8,448
84,044
61,092
160,.;61
15,'.
09
7,f<64
29.472
17,515
<
126,337
108.051
Jan. 1 to Oct ai.... 1,233,247 1,054,462
July 1 to Oct 31....
525,089
451,596
St. Joseph By. Light Heat
A Power
Oct
60.500
65.088
Savannah Electric. Sept
46,843
45,606
Jan. 1 to Sept 3u
401,883
386,078
Seattle Electric (!o.Sept
17.'.,678
196,295
JaiL 1 to Sept 3 ... l,7o8,666 1,538,607
Tampa Elect. c<> ..Sept
3l,v0l
25,046
Jan. 1 to Sept Su
262,710
223,546
Terre Haute Elect. Sept
62,148
46,712
Jan. 1 to Sept 3u....
420,642
342,824
. .
$
377,672
535,434
5.565
17.230
5.893
3,260
26.188
8,904
20,381
4.564
34,183
def.t-95
5,432
56,294
JarL 1 to Sept 3o ...
Seattle Electric tio.Sept
Jan. 1 to Sept:-iu....
Tampa Elect. ' ^
Sept
Jan 1 to SeptSo
Haute Elect ..Sept
Terre
Jan. 1 to Sept 30...,
*
127
27,036
266.246
108,128
10.613
94,323
25,771
219,768
1,885
18.049
9,664
86,109
25,933
256,551
103,514
10,583
87,969
22,917
218,249
2.075
18,498
8,522
6U,955
*13,006
*29.748
*292.985
*145.252
10.131
76,822
*5,192
*26,444
*263,226
*120,2e0
8,618
63,414
30.562
230.408
9,288
82,296
12,881
69,726
36,3">7
313.927
12,721
88.186
13,778
67,337
After allowing for other income received.
& Eleotbic Coeporation.
Expenses, int.
on bonds of SurSeptember— Gross. Sub. Oos.,£c. plus.
Corp.
bond
interest.
$363,653 $276,987 $36,666 $36,4i8
248,922
189,437
59.485
33.383
1904
1903
Sinking
Jund. Balance.
$12..'.00 $37,708
12,500
13,652
ANNUAL REPORTS.
Annual Reports.—The following
is
an ind^x
to all
annual
reports of steam railroads, street railways and miscellaneous
companies which have been published since the last editions
of the Railway and Industrial and Street Railway
Sections.
This index does not include reports in to-day's Chronicle.
Page.
Railroads. Etc.—
Railroads. Etc.—
Pagt.
American Mailing
BanuOf & Aroostook
& SuaQuehanna
hicat'O Burl & Qumcy
Buffalo
t
CbicaKO
&
208:^
2082
20R1.20»l
1W50. ]9rt4
Kasteru Illinois
Chic. K. I & Hac. R litrodd
Chic. K. I & Pac. Rv.... 1700. 17 16.
Clncin. Ham. & DaytoQ
Cinctn. N. o. & Texas Pacific
Edison Elec. Ill of Boston
Evall^vi lie * Terre llaute
1951
1»5I
J 95
1V52
1955
VioS-S
20^2
19i9. 195H
Great N rthern
Greene Coneoltdated Copper
2uS9
Cincinnati
New
Orleans
Louisiana & Arkansas ...
8082. 2iifl6
Minneap Us & St. Louis
1952
JO-ia
Mobi e & Ohio
New Yori. Susquehanna .i West.. 1958
Pacific Coast
i»ullman
Company
1954. 20e3, 2098
2o83
Rock Island C.'moany
St. Louis A Snn Francisco
li'50
JP51
Standard Millin,{
1954
Toledo & St. Louis Western
1»68
Torrington Company
2084
United -^taies Sfe«'l Corp. (9 mos.). 1953
Western Maryland
195S
& Texan
Pacific Railway.
'Report for the Fiscal Year ending June
30, 1904.
Pfpsident Samuel Spencer says in part:
General Rksdlts.— Maintenance of eqalpment Increased $236,294,
or 24 44 p. c, due chiefly to Inoreaee In reiiair* aid r»-newals> of looomotivea and trel^ht cars. Inoreaee In the oost of labor and material
In the oapiioity of eqnUiiuent. ConduotinK transportation decreafed $52,700, or 2*24 p. c, with an lEcr. bkc In grofs earnings of $6i?,2?9, or 9'y6 p. 0. The loial number cf tons of custom
freight moved Inori aeed 0"69 p. c ; same one mile increased 3-9o p. o.
The average number of tons of freight (InciudlnK oompans 's material)
per train mile was iO'S'93, a decrease of 84 p. o.
( HAKGE8.— The
increase In rental paid to the City of Cincinnati,
$67,'2f «,l8 rlue to four pavnients of deferred rental under the agreement of June 7, 1902, made this fiscal year, a«aiii»t thrfe payments
In the rrecedlng year, and 'o Interest and sinking fund of
percent
on terminal bonds Issued by the trustees of the Ciuulouatl Soai hern
BR. lor acquisition of terminals In Cincinnati. The $»<0. 225 charged
to inoomf tor permanent Improvements represents the oost of oercain
new anil addiiionttl aide and passing track., which will revert to the
City of Cincinnati under the terms of the Uase.
Dividend on Common Stock.— A dlvlriend of 2 p. c. on the common
stock WHS paid Dec. 1, isO , oui of surplus ne^ earnlnxs aocninalaced
prior 10 Joiie 30, 1903, and the amount. $60,000, was charged to profit
an'i lo8s
The cimpany has no flnatlrg debt.
Equipment.— Duilngihr year contract was made for the purchase
of '.4,400 large cai-aotty freluhr cars, costing *l,-'4l,3Mi'. Cash payments aggre..ating $341,389 were made on aucount of the piircnase
price and tqulpiDent trust obligations were Issued for the remaining
Payments nurlng the year on account of equipment trust
$1.200,< 00
obilg-^tlons am' unted to $-i97,2>'0.
equipment at the close of the year consists of: Looomoilves,
Tne
16(i; pHdHeiiger cars, 72; freight oars, 8,iOt); mlscellaLPOas o rs. 2\.
or this equipment, 5 looomoilves ai d 1.85* freight earn are subject to
equlpmeni liens. The balance of ihe equijiiuent Is owned oy the
company. Of the 2,40o fivlght cars ooniraoied for during the year,
9i'4. The remainder
1 ,854 o»rs had in en delivered prior to June 30,
were delivered duiug Jnly and Angnst, 1904. In ad 'itii n 16 caboose
oars and 115 box oars were rebuilt at the compaii '» eliops during the
year. Dmlng the year 6 looimotlves of light capacity were sold and
and Increase
:
1
Island
TractlcmCo.b—
July 1 to Sept 30
Boohester Ry. 'o-bOct
Oct 31...,
Oct 31....
Savannah Elecnc.Sept
101,687
66,088
October... 10S6,8ia 664,174 8,394,15C 6,065,988
Lome
Sao Panlo
Tram. L't
618
Jan. 1 to
July 1 to
10,798
12,378
Lt.Heat& Pow.Co October...
St.
Traction Co —
July 1 to Sept 30
Boohester Ry. Co... Oct
CALIFORNIA Gas
9,44fi
Tear.
$
New York & Long Island
467.912
118,947
40t»
Tear.
Brooklyn HelghtsBR.—
July 1 to Sept 30.... 1,116,133 1,212,860
Houghton County St. Ry.
(Hancock. Mich.) Sept
3,388
3.852
Jan. 1 to Sept :-0 ...
30,226
27.284
Housfon Elect. (Jo Sept
8,318
6.305
Aug. 1 to Sept 30
16,635
13.843
Jaoksonv. Elec do Sept
3,016
3.100
JaiL 1 to Sept 30
27,780
26,889
.
17,647
74,237
Pottsv. Union Tract. September
Bys Co.Oen.— Beads fleptembet
2,324,333
63',498
491,172
68,184 67,944
467,357
486,459
15,228 13,797
121,778
113,559
35,436 31.784
249,81'
232,972
20,250 19..'. 36
137,108
132 516
8,497
6.637
76,49P
»>7,889
177,587 181,950 1,721.549 1,707.014
279,85 271.51.'> 2,364,794 ^,235,597
31f',461
48,615 43,059
321,437
236,24' 211,816 1,639,427 1,468,347
iror.OhloTr.&Lt.Oo September 80,785
Northern Texas Trao. Heptember 46,031
Northwestern Blev
October... H3,74ti
Orange Co. Traction. September 12.402
Peeks. L't'g & RR. Co. September 10,843
Light Go's
Boohester Rallwav
Booh. &East. Rap. Ry
Bockford Belolt A
JanesvlUe
St Joseph (Mo.) By
675,608
114,860
8,896
July
Angnst...
Montreal Street By
Mnncle Hartford A
Angnst...
Ft. Wayne
Mask. Tr. & Light. Co
September
Street By. Depart.
Eleotrlo Light Dep September
City Gas Co
9,779
Tear.
Boads.
700,976
160,770
September 384,960 377,921 8.121,794 3,002.798
13,161 11,337
Angnst
September 22,947 21,81S 211,325
18i',85"3
Septeiubei
London St. Ry.(0»n.)
Mad. (Wis.) TraotioB
Met. West Side Elev..
Mil. Elec By.&Lt.Oo
Mll.Lt.Heat&Tr.Oo
76,161
20,316
of Net Ham'gs.s
Current
Previous
r-Bal.
Previous
Tear.
'
56017
5,233
51,002
654,278
250,766
515 974
222,222
26,451
20,744
171,148
26,316
19,101
151,383
63,479
448.687
11,363
100,794
21.403
120,681
13,283
62,1
'2
8
533,695
14.606
106,235
23.442
143.446
a NetoMminss here given ue after dedaotlng taxes.
bNet earninga here given are before deducting taxes.
20 heavy modern locomotives
iiurolmeert.
Maintknanok of Way and Steucturkb— Maintenance
of
way and
structures shows an inoreane "f +3i>t<.6tf ', or 3<i'i k (> c as compared
with la t year, large expenditures having tieeu required on account of
Increased trafllo aiid ihe necessity forgrea'er faoulMes for movlui; It.
Many ot 'he trtC'llltles are In the nature of lmi>rov luents.but as they
will revert to the City of Cincinnati, under the term" of the lease,
their oo'-t muKt ne borne by ihe expense account* aiid cannot be oaptt«i'/.ed.
The exp^ndltllre lor renewal of bridges mu>ii t>e eilll further
Increased and coj tinU' d for several years in order lo permit the use of
heavlei motive power.
1 he orc-stle renewals for both main and side tracks averaged 478
per mile (average p<-r year since l^94. 376); 2.926 tons, or 22 17 mllea,
of 8 lb hteei rail were laid, replacing worn 7.'S lb. steel rail; 72.888
cubic yards of ballast has been plaoed In the tracks, as follows:
Qrnvel. 3,000 yards; stone. 83.656 yards; slag, 15.007 yatds; cinders,
2u.8'5 yatds. 16 signals have been added, making a total of 436
signals In use, protecting 818 miles of road.
9
—
:
THE CHKONICLE.
2144
The
total length of biidges
Jroii or
Junew.
feet was as foUowa;
Total
Total
Tuniiel.
ofuU.
and tonnels In lineal
Wooden
Open
Trestles.
Steel.
Drains.
26,208
402
31.794
26,208
417
82,388
The statistics of operations and earninga for four years
past, and the balance sheet, follow:
OFESATIONB, BARNIM08, BXPBNSIB AND 0HABOB8.
190001.
1903-04.
1902-03.
1901-02.
Operations—
958.176
982, '>75
1.018.502
1,083.648
No. of patB. carried
do 1 mile. 53,979,621 80,941.306 60,767,450 45,575.026
do
1,1»2
2,126
..80,200 lin. ft.
"
29.845 "
1904
1903.1
2-14 ota.
2,998,020
Z-25 Ota.
2 15 Ota.
BeT. p. paea. p. mile 2-29 ota.
3,477,448
ToDBrev.fr'himov'd 3,860,712
3,834.141
Tonafr'tmov.lmlle.688,461,807 662.689,851 601,185,071 606,708,131
0-71 ota.
74 ots.
71 ota.
Revenne p. ton p. m. 0-76 ota.
430
43^
389
412
A.V. train load, tons.
$1-23
$1-31
$1-47
$1-41
Earn p. pat*8. tr. m.
92'91
$3'2l
$293
$803
Earns p. ft'ttr'nm.
$15,017
$16,847
$18,320
Grosa earns, p. mile $20,145
$
Earnings $
$
$
8.774,317
6,177.700
4,252,376
4.681,877
FrelKlit
974,159
1,090,120
1,236,086
1,146,068
Passenger
14t,303
185,809
142,606
140.479
Hall aervloe
111,782
123.545
146,893
134,204
Expreaa service
49.559
63,884
63,762
61,805
Mlacellaneona
Qreaa earninga..
5,660,404
6,045,696
959,267
905,846
1,003,998
966.880
2,365,792
141,506
215,994
1,111,758
1,835,736
1,574,141
170,267
216,987
118.630
202,000
6,768,744
Expenses—
Malnt. of way, etc..
Malnt. of eqalpment
CoBdoot. tranep't'D.
General
Taxes
6,168,465
1,267,929
1,208,174
2,301,280
179,939
216,001
4.619,439
846,800
1,597,421
1,506.016
4.239 594
(7489)
1,420,810
3,745,769
Net earninga
Dedtict—
Rental
1,166,931
1,099,647
1,217.269
cr. 5b,8iy
cr. s%593
1.102,000
18.695
Total expenaea. .
5.171,323
P.O. ofexp. to earna.
cr.24,ojS
Interest (net)
Dlv. on pf. stock
Permanent
(75-63)
(76-40)
Imp'ts...
(74-24)
1,299,827
Xl00,0O0(55i2)10s,333
80.325
1901.
.
Cash
e90,liO
77,111
Remltt'ces in transit
Agents Acond'ctors. 228.169
86,725
U. 8. Government...
Other railroads
S84,0n
Bills receivable
13,159
49,378
134,808
16,352
Sundry debtors
Non
adjusted claims
...
Miscellaneous
Total assets
—V. 79,
1904.
1903.
$
t
Equipment owned...4,56n.277 3,969.626
Car trust equi pm ent.l ,243,508 598.81
650,o00
Mlecel.prop.&secur. bOO.oOO
184,330
Tools and machinery 184,fl80
20H.&56
2o8.13tf
Beal estate <t bldg
Supplies & materials 295,301
320,154
25f',3«7
Sp. reserve for lease. 2t6,010
do
do renewals 3.>8,«90 344,653
6,672
Int. on car trasts
773,388
50,795
450,879
35,815
226, 32
27,8C9
122,649
i
1903.
Liabilities-
S
$
3,000,000 3,000,000
Common stock
Preferred stock ...2.000,000 2,000.000
Keserve fur require-
ments of lease
1,332,162
896.109
Reserve for renewal
of equipment
Reserve for taxes.
735,801 1,049,978
145,72]
138.290
166,400
104.484
Miscei. reserves
.
Equip, obligations.. 1,243,608
42,089
356.597
234,0rf7
Rental accrued
115.647
Unpaid vouchers.
177,206
Creditors on pay216.577
211,071
roll
59,415
Due other railroads. 171,332
Due to Individuals
and companies
111,956
150,629
Miscellaneous
30,254
Profit and loss
268,956
120,243
9,854,469 8,222,052
. .
. . .
Total liabilities. .9,854,459 8,222,058
p. 1955, 636.
Loai8Tille Henderson & St. Lonis Railway.
(Report for the Fiscal Year ending June 30, 1904 )
President Attilla Cox pays in part
Physical Condition. - The following Improvements have been
made: 1,455 tons of new 70-pouad steel rails laid In main track, 38^
miles of track re-ballasted, 1-86 miles of new side tracks conBtraoted, 105,033 cross ties renewed, 1,365,850 feet B. M. of timber
ased in renewal of brldi;es and trestles, 42,302 lineal feet of piles
driven In foundations, 23-77 miles of new fences built, 1 new water
tank and 2 new turntables have been constracted; the grade of the
main track through Owensboro was lovrered for a distance of 3.000
feet; In addition general repairs have been made, and the road la in
much better physical condition than ever before. All Improvementa
have been obarged to Income acconnt.
The motive power equipment has been increased by two new locomotives purchased; It is all In good condition to ran from one to three
years without extensive repairs except 3 locomotives, 2 of which are
now In the shops andercoing repairs. The passenger equipment has
been Increased by two first-class passenger coaohes parobaaed. The
passenger and baggage oais are nearly all old, and. considering their
age, are In fairly good condition; 346 freight cars have been repaired
attheehops, 12 of which have been rebuilt. Also 2 cabooses have
been rebuilt. A large portion of thefieight equipment Isold. [The
equipment, it Is understood, inolades 22 locomotives, 18 oars in paseeuKer service and 620 oars In freight service. —Ed.]
Statistics for Ybae 1903-04,— Revenne passengers carried, 327,368; same 1 mile, 14,233,136; average receipts per passenger per
mile, 2-243 cents, passenger earnln^'s per train mile, 75'657 cents; tons
of revenue freight carried, 591,488; aame I mile, 66,280,253; average
receipts per ton per mile, -813 cents; freight earnings per mile of road,
$2,898; same per train mile, $1-38206. Total gross earnings per mile
of road, $4,817; same per train mile, $1 13. Net income per mile of
road, $1,381.
Earnings, &c,, for foar years past and balance sheet follow:
EARNINOB, BXPBNBB8 AMD CHA.ROES.
1908-04.
1902-03.
1901-02.
'Earnings190001.
$319,386 $282,188 $269,290 $246,637
488,789
401,608
539,046
386.817
20.587
20,706
21.060
20,585
15,000
13,500
15,000
13.500
1,984
1.963
965
970
Passenger
Freight
Mail
Express
Miscellaneoaa
$895,970 $808,648
Total
$696,064
way &
Btractnrea..$109,764
Maintenance of equipment.. 88,740
Conducting traneportatlon.. 410.792
29,776
General expenaea
Total
Net earnings
$100,680
90,382
366,627
29,316
$96,176
74,857
814,109
30,623
$36,076
69,366
29b.832
26,9ii7
$639,071 $576,854 $615,770 $470,202
$256,899 $231,694 $180,294 $198,282
Dedxi.ct—
Improvements
Interest and taxes
Surplus from operation..
1903.
t
..6,776,1127 5.77«.B2'
1904.
t
RolliuK stock
Coal lands
ia.uint
46,13J»
Ca«h
Due from ui^entsetc.
68,933
88,865
Materials & suopllei
Hills receivable
1«,^0>5
42,764
108.868
2J,90«
20,797
6,000
15,001
15,000
Bund* on hand
Total assets
-V. 77. p. ues.
,
48a,4.''>6
7,r.00
.6.484.088 6,469.814
./CNB 30.
UabiltltsCommun stock
I'ref erred stock. ...
iBt mortgage bonds.
Interest on bonds...
Taxes accrued
Accoanls payable...
Net tralUc balances.
Bills payable
Surplus
ToUl
llablUti«B..e,4»4,006 6,400,214
Toledo St. LoqIs & Western Railroad.
(Report for the Fiscal Year ending June 30, 190^. J
President T. P. Sbonts says in snbstance:
Qbnbral REBDLT8.— Oomparlson of earnings with the previous year
ahows the following: Earnings from freight trattlo lncr<>ased $192,019,
or 8'80p. 0.; earnings from patsen^er traflio Increased $-<<!. 9z8. or
5-97 p. c; total gross Income from operation increased $230,290, or
7-40 p. 0. Gross freight tonnage shows an increase of 28,545 tona,
ohl«-fly in dressed meats, bltamlnous ooal, stone and sand, llve-stiok,
flour, merchandise and mlrtoellaneous; these Increases being nir^et to
some extent by large decreases in grain, cotton, lumber, irou, steel
rails, etc. Average earnings per ton of freight increased 7-61 cents
and per ton per mile 0-46 mills.
It is gratifying to note that this year's grosa earninga per mile of
road are $7,4 1 4, aa against $6,903 last year.
Maintenance.—The following materials were used in maintaining
main and side tracks: 75-91 miles of new 70-pounil steel rails; 171,101 cross tlCR put in main track; 39,503 ties put In side tracks, making
a total of 210,604 ties; 18-34 miles of ballast; 6-97 miles new sidings
and extensions. Oenerai repairs and renewals were mide oa 17
bridges and trestles.
8ECDBITIE8 IN TEEAsnBT.— There have been some Important additions to the aeourittes in the treasury, aa fodowa:
Prior lien bonds (aooountof improvement)
$250,000
Secnrltiea received from reorganization committee previously
held pending litigation now ended In our favor: Prior Hen
bond«, $1 8.OO0; first mortgage bonds. $98,000; preferred
first mortgage scrip and $29,774 in cash).
First mortgage scrip, acquired at low cost,
first mortgage bonds, amounting to
$119,252
180,000
$42,371
127,500
$37,941
126,000
$42,766
121,926
$249,262
$7,647
$169,871
$61,823
$163,941
$16,353
$164,692
$33,590
exchanged for
2,000
$555,400
I2,u00
Less prior lien bonds sold
Net increase
of eeoaritiesin treasury
Also received on account of advances
Detroit & Toledo Shore Line BR
$543,400
first
mortgage 4a of
$36,000
.-.
Equipment.— Our equipment, as compared with last year, incladea
Cther
Fr't Oars.
/ime30.
Locomotives. Pass. Oars.
:
40
33
48
2,990
3,021
66
year and
Improvement account.-There waa expended during the
charged to Improvement account $i23,547, the principal items of
1904
19 '3
66
82
which were as follows:
$65,601
$116,863 New locomotives
35,713
40,767 New freight cars
4,382
39,001 New baggage cars
Classified Statement of tonnage.
Total
Fiscal
Products (tons) of
Other.
alt.
Forests.
Fear.
Agricul. Animals. Mines.
190304... 484,741 216,729 474,144 186,021 728,494 2,090.129
1902-03... 628,178 118.844 337,034 242,934 734,597 2.061,584
In 1903-04 "Agriculture" includes corn, 146,832 tons, deorease,
56,642; other grains, 112,436. decrease, 72,203 tons. "Animals" includes dressed meats. 133,730 tons, Increase, 87,685. "Mines" incladea coal, 280,537 tons. Increase. 76,592.
Earnings, Etc.— The statement of operations, earnings,
etc., and tiie balance sheet of Jane 30 follow:
operations, earnings expbmseb and charges.
1903-04.
190001.
1902-03.
190102.
Operations—
656.192
771.938
799,793
626,032
Passengers carried.
do
do Imile. 28,779,218 37,256,029 24,864,514 23,373.063
1-933 ots.
1*919 ots.
1-83 ots.
Earu.p pasa.p. mile. 1 946 ots.
73-38 ots.
71-84 ots.
66 ots.
Pass, earn. p. tr'n m 78-88 ots.
New 8teel and
laying
Add'l sidings
Improvement of
bridges.
.
,
Tons
do
1,600,668
freight carried
2,090,129
2,061,584
1,665,423
do 1 mile. 450,902,693 461,919,723 857,885.668 849,044,272
614 ots.
553 ots.
0542 ots.
Earn. p. ton p. mile. 0560 ots.
$1-58
$186
$163
$152
Fr'ght earn. p. tr.m.
295-7
250-9
286*4
285 6
Av.tons p. train mile
$5,626
$5,859
Omss earns, p. mile $7,414
$6,903
Earnings—
$
$
$
$
2,668,693
1.978,187
497,124
165,569
1.893,223
445.791
151.552
2,640,880
2,490,566
Mail. exp. and miso.
188.674
2,376.644
551,453
183,862
Total earnings..
Expenses —
Mainten'noe of way
3,341,648
3.111,359
Freight
Passenger
and strnoturea
684.3<?1
—
361.933
457,743
442,795
Malnt. of eqalpm't..
Cond. transpoitat'n
General expenaea..
442,419
1,411,992
114,019
455,169
1,252,750
106,262
Total expenaea..
of exp. to earn.
2,426,173
2,256,976
1.915.438
1.799.952
(72-54)
(72*53)
(73*27)
P.
(72-63)
0.
363.890
341.545
1,110,161
99,837
320.488
1,040.000
77,600
NetearninKB
Other Income
915,476
4,969
854,388
9.256
725,447
9,643
690,614
Total income
Deduct -Taxes
Int.onbonda
920,444
118,350
676,000
863,639
117,000
676,000
735,090
104,400
575,000
696,955
104,400
610,000
Miaoellane'a.
3,149
692,000
171.639
679,400
55,690
614,400
82,555
696,499
223.945
Snrplua
OBNBRAL BALAMCB JUNE
$668,484
Expenses—
Malnt. of
OBNBBAL BALAHOB BHBBT
A atetsKoad and nxtures
Vol. Lxxix.
stock, $47,400
303,400
(There was also received by reason of this decision $760 in
1,211,677
1,161,166
1, 120.695
Total charges..
1,328,098
179.132
354.8»0
209,133
Balance, snrplas....
274,324
X In addition to the preferred dividend (8100,000) charged against
earnings, a dividend of 2 p. o. was paid on common stock Deo. 1, 1903,
oat of BurplOB earnings to Jane 30. 1903. Sea remarks above.
BALAI7CB SHEET JUNE 30.
.<l««ets—
I
1904.
Cash
171,0.S.i
Auts. ftOODduCfrs
Cos. & individuals.
U. S. 1'. O. Depart.
185,416
74.059
17.056
7,286
Miscellaneous
226,446
19iV281
60.495
16,610
7.23;
Total assets... 37,405,640 36.770.018
— y. 79. p.
1966,
30.
1903.
•
Assets—
$
Cost af road. 4o. .36,709,655 35,780.807
«6,874
54,44
Real estate
17s,769
210.772
Material 4 sapp's.
Stock, bonds and
315,000
984.389
loans
6,841
1904.
190S,
UaMliti**-
$
»
Stock, common. ... 10,,000,0011 io,ooo.ono
StocK, preferred.. 10,.000,000 10.000,000
Bunds
16,,000,0<'0 15,760,000
32.208
Kenewal funds....
17,661
f4,495
67.634
Taxes accrued
6",0o0
0,000
Interest accrued..
231,093
Vouchers payable 2< 5,749
100.606
Pay-rolls
10^4S8
[joan
100,0.0
69,043
36,717
Agents' drafts
1«1,9T4
811,476
Cos. andindivld'a.
E33,829
809,8S7
Surplus
—
Tot. lla»>llttle8.37,4C5,540 38,770,018
J
J
.
Nov.
THE CHRONICLE.
12, 1904.
Detroit
& Mackinac
Railway.
f Report for the fiscal year ending June 30, 1904.)
President and General Manager J. D, Hawks says in sub-
General Rebults —Fortunately attentJon dops not have to be
called to decreased earnings by reason of the bard winter. That
there was a distinct lops In revenue on acoonnt of the severe weather
coes without saying, but the loss was occasioned by the inability of
onr connecting roads to give us cars or to take cars frona as.
EXTEN8IOM.— The hard winter did, however, delay the completion of
the Cheboygan extension [22 miles], and trains were not actually running into ChebOTgan before July 4. iSio earnings, therefore, were derived from the Cheboygan extension during the year. Our practice
has been followed on this extension of using no curves sharper than
one degree, or grades heavier than 26 feet to the mile.
The bridge over the Cheboygan River, 130 feet span, is a steel bridge
built on modern speoilioations, with concrete abutments. The balance
of the work on the extension is of concrete.
LtTMBBB Business.— Attention is called to the change In the percentage of the log and lumber business. It was 86'81 of the entire tonnage for the year ending June 30, 1899, and 61-72 for the last year.
ROLLING Stock.— With the Cheboygan extension on our hands. It
was not possible to add very mach to our equipment out of earnings,
but an addition of two 85-ton engines, one comoinatlon baggage and
passencer car and 93 box cars helped out a little. The year demonstrated again the fact that the excursion business can be very much
iDcreaeea by being properly worked, but that such increase is almost
Impossible without the nnrohase of some excursion equipment. The
equipment on Jnne 30, 1904, included: 30 engines, 28 passenger cars,
1,243 freight cars and 30 cars in company's service.
Taxes.— Taxes were paid under the old law as usual and accepted by
the State under protest. Should the present law be declared constitutional it means taxing our freight shippers very severely. The law
fixes onr passenger rates, and we cannot charge over 3 cents per mile.
Dividing our taxes by our freight earnings would give over It p. o. as
the oontfibntlon of onr shippers to the Slate school fund.
New Terminus.— Cheboygan, our present terminus, is a live town
of nearly H'.OOO Inhaoitants, with good hotels, schools, churches and
public buildings. It is surrounded by a tine farming country, well
adapted to fruit and grain of all kinds, excepting possibly corn. It
has a fine summer climate, and from it a multitude of summer resorts
can be easily reached. The Island of Mackinaw and Bois Blanc Island
are within plain sight.
Earnings. -Toe earnings, etc., have been as follows:
EARICmGS, EXPENSES AND CHARGES.
1903-04.
1902-03.
1901-02.
190001.
330
Miles operated
330
337
S32
Operationg—
271,306
Pass, carried (No.)...
292,952
250,101
345,615
Pass, carried 1 mile. .10,035,563
9,712,072
8,777,980
8,880.682
2-172 ots.
2-137 cts.
2147 ots.
Rate p. pass. p. mile. 2*191 ots.
Freight (tons) car'd..
872,768
842,092
886,316
917,132
Fr'g't (tons) car. 1 m. 68,731,363 70.04«,694 59,547,341 56,347,674
0-974 Cts.
ton p. mile... I'Oll cts.
Rale p.
1207cte.
1 14:^ cts.
Earningt—
$
697,281
224.414
59,620
Freight
Passenger
Mail, express, etc
$
682,270
216,236
56,202
$
63y,164
192,372
30,656
644,465
193,171
28,111
2145
the permanent way and oondnotor rails Is proceeding. All the rolling
stock has been ordered and the electrical equipment contracted for.
The construction of the car and repair shops at Kennineton.liambeth,
is well advanced, and they will be ready to receive the rolling stock
when It Is delivered.
Great Northern Piccadilly
<& Brompton Railway. -All the
necessary station sites have been acquired and the running tunnels
driven to the extent of about 80 p. o. of the total length of the line.
The construction of the surface stations is proceeding, and the lading
of the permanent way and conductor rails will be staitedin a very
short time. By an arrangement with the Metropolitan District Ry..
the line will now come to the surface between West Kensington and
Hammersmith, which will enable the rolling stock to be taken to the
new car sheds at Mill Hill Park to be housed and cleaned.
CHARING CROSS EcsTON & Hampstead RAILWAY. All Of the Burfaoe
station sites have been acquired. About 75 p. c. of the running tunnels
has been driven, and the work of constructing the shafts, cross passages, etc., is well advanced. The land required for the car-sheds and
repair fhop has been secured at GoJder's Green, Hampstead, and con-
win shortly begin.
London United Tramways (1901), Ltd.— The extension from Hammersmith Broadway to Uxbridge Road, via the Askew Road, and the
extension from Bonthall to Uxbridge have been opened for traflBc.
These connections admit of a continuous through service between
Uxbridge, Southall, Hanwell, Ealing, Acton and Hammersmith, and
BO affords the residents of the congested portions of the system an
alternative means of cheap and rapid transit to and from the city and
the West End, with interchange facilities between the Metropolitan
District Ry. and the Great Northern Piccadilly & Brompton Ry.
struction
See also
official
statement on pages 2153 and 2164.
BALANCE sheet JUNE 30.
Assets.
Freehold land and baild's at Chelsea, Inol'g
expend's to date on generating station
and transmission line
Stocks and shares (cost) pledged for ProfitSharing Seonred notes (contra)
Parli'y deposits (£292,493 consols) at cost..
z Cost of rall'y const'n after cred'g income
from Invesments
Discount on Proflt-SharlDg notes
Sundry debtors, debit balances, loans,
1904.
1903.
£826,553
£384,763
2,501,124
2,331,321
269,593
277,256
5,022,314
280,000
51,843
1,556,158
etc..
Cash, Proflt-Shaticg notes, trustee acot
Cashat short
call
and on hand
400,723
2,250,843
279,997
80,706
4ll,00O
508,450
£10,916,972 £6,519,672
Total assets
Liabilities.
X Share
y
5 p.
c.
capital issued
Profit-Sharing notes.
Received on const'n contracts
Parllam'y deposits (see contra)
Sundry
£2,600,000 £2,500,000
7,000,000
3,090,901
636,276
460,352
203,093
209.593
576,600
268,827
..
creditors, credit bal., etc.
«10,915,972 £6,519,672
Total llabllitleB
X
500,OCO ordinary shares of £10 each, £5 paid.
y Secured by stocks and shares per contra deposited under terms of
May. 1903.
z Stocks and shares have been received on acoonnt of this expenditure in accordance with constrnction contracts.— V. 77, p. 1531.
trust deeds of
981,315
953,708
862,192
865,747
Maini'ce of way, &o.
Main, of equipment..
Oonduct'g transp'n..
General
171,771
108,796
297,886
157,f93
86,091
306,879
26,986
206.531
85,555
Total
Net earnings
603,157
378,1£8
576,649
377,059
580,292
281,900
92,000
70,380
92,000
90,494
109.600
23,673
30,10&
American Cotton Oil Company.
CReport for the Fiscal Year ending Aug, SI, 1904.
The remarks of Chairman Q-eorge A. Morrison, with bal590,385 ance sheet and profit and loss acconnt, will be fonnd on
275.362 page 2155. The list of subsidiary companies remains unchanged from last year. See V. 77, p. 1872.
122,000
The following comparison for four years has been prepared
Total
Expedites -
24,701.
Deduct—
Int. on funded debt..
Taxes
Miscellaneous
Dlv. on pref. stock...
1.''97
205.312
171,747
23,664
163,177
118,723
OONDENBBD BALANCE SHEET JUNE
1904.
A Afifif s-^^
ft
Bead
Equipment
Tr. Det.
677,305
and
supplies.
Cash
Coupon account
Current accounts
Miscellaneous
Total assets
—V. 79, p.
617.261
Ry.
bonds
Mat'Is
1903.
S
4,88i},725 4,flb9,269
& M.
...
24,775
14,144
for the
Cheonicle
23,750
211,677
166,481
Total
Balance, surplus
Or.gss
47,500
243,157
73.676
252,837
20,715
264,54-2
560,000
62,794
16, .66
46.340
00,000
65,f00
37,573
4-^,488
38,880
444
496
4fl,4(J0
6,277,412 5,946,618
160,919
114,443
1904.
$
Liabilities—
Common
1603.
$
etock
Piefeired otock
Funded debt
2,000,000 2,000,000
n50,0i/«
950.000
2,850,0(0 2,8u0,«(0
Notes parable
60.000
...
Interest
48.340
54,066
Audited vouch., etc.
82 176
H4.3t7
Taxes and miscall.. 132,416
77,204
Profit and loss account
166,480
.
Total
liabilities.. 6,277,412 5,915,618
1461.
1900-01.
Net pro fits above all Interest,
30.
:
PROFITS AND DISBDRBEMENTB.
1901-02.
190203.
190304.
f
adminlstra'n
ezps , depreola'n,&o. 844,835
Dividends on com
(1)202,371
DlVB. (6 p. 0.) on pref.. 611,916
2,238,206
1,530,081
(4)809,484(6)1,214,226
611,916
611,916
1,091,857
(2)404,742
412,064
611,916
7,001,897
108,681
6,909,425
6,501.771
75,199
6,520,745
7,032,445
Surplus
Previous surplus
7,018,106
6,916,b35
6,595,944
.^0,548
Total surplus
BALANCE BHEET AUG.
31.
1904.
A siHfi.tR—
Real estate, etc
1903.
1902.
1901.
S
S
S
S
12,650,420 12,433,122 12,108,723 11,606,080
,
,517,909
Cash
721,059 1,280.493 1,245,448
Bills Aaco'ts receivable. 2,465,615 2,348,099 2,337,432 2,144,046
Products, raw material,
etc., avrtilable
3,416,953 3,671,247 4,468,938 4,221,649
Goodwill, patents, etc.. 16,562,425 16,576,763 16,678,034 16,998,926
etc
Underground Eleetrie Railways Company of London, Lim.
{Rtport for the Fiscal Year ending June 30, 190^, J
Chairman Charles T. Yerkes, under aate of Oct. 1, 1904,
states that constrnction has made satisfactory progress
Total assets
Power Housk at Chelsea.— The powerhouse for the Metropolitan
Lxabililies—
District Ry., the Great Northern Piccadilly & Brompton Ry., the
Common stock
Baker Street & Waterloo Ry. and the Oharlng Oroas Euston & Hamp:
Btead Ry. is nearlng completion. Three quarters of the machinery
has been delivered, and tests of the machinery will probably be made
during October and November. The boilers and switchboards have
been installed, and all the steam and electrical connections have been
made. The dncts and cables forming the transmission line to Earl's
Court have been laid and connected.
It Is proposed to tHke authority to raise £8.^0,000 on the security of
the power house [The shareholders voted on Oct. 18 to authotlze the
board to borrow from time to time sums aggregating not exceeding
jeSSO.OoO in addition to the £8,000,000 prevlonsly authorized ]
Metropolitan Disthict Railway Electhification.— Satisfactory
Progress h;iB been made in the conversion of this railway for operating
y electricity, and the principal c^neiructlon is nearly finished. As
all the worh had to be done at night after the regular tralllo had
ceased, the problem was dlfllcult. All the cable ducts have been laid
and a larjiC portion of the cables drawn in and connected. The conductor rails have been laid and the bonding completed.
The sub
stations are well advanced, and in some oaees the machinery Installed.
The new rolling stock, made entirely of nonlEllammable material,
has been ordered, and dellvfiles are contracted for daring November
and December. All the electrical equipment for the cars has been
ordered and deliveries are now being made.
Baker Street & Waterloo Railway.— The tunnelsbetween Baker
Street and Waterloo Station have been driven, and contracts have
been let for the extent Ions between Baker St. and Edgware Road, and
between Waterloo Station and the Elephant and Castle. The driving
of thepe runnlrg tunnels Is proceeding rapidly. The construction of
Ihennderground stations on the extensions Is now In progress; con
tracts are being let for the tnrface stations, and the work of laying
35,816,472 36,209,724 36,838,575 35,488,609
20,237,100 20,237,100 20.237,100 20,237,100
10,198,600 10,198,600 10,198.600 10,198,600
Debenture bonds
3,000,000 3,000,000 3,000,000 3,0i 0,000
Bills payable
1,125.000 1,050,000 1,000,000 1,000,000
871,441
330,859
Commercial accounts. ..
597,332
736,193
Accrued interest
11,250
11,260
11,250
11,250
Dividends
710,700
608,329 1,115,442 1,520,184
Preferred stock
Total liabilities
2088.
— V. 79, p.
35,816.472 36,209,724 36,838,575 35,488,509
Mergenthaler Linotjpe Company.
("Report for the Fiscal Year ending Sept. 30, 1904,
President P, T. Dodge says
During the year a number of valuable patents and inventions have
been acquired. An additional factory building, demanded by the Increasing business, has been completed, and is now In use. Interests
and properties which will be of substantial valae In the development
of the company, and which will be fully disclosed heioatter, have
been acquired.
Three hundred and forty-five new oflloes have received machines within the year. There are in the United states 2,304 olliois
using Linotype machines. There Is a steacilly Increasing use of the
machines In book and J )b olll les ami ollloes devoted to mlsoellaneons
printing, and it Is believed that additions and Improvements which
are about to be put on the market will greatly Increase the demand
for machines In these tields. The double magazine machines are Increasing in popularity, and 348 are now In use.
:
—
THE CHRONICLE
2I4G
m
tUe GovernereotP'l and are now in ooeriitlon
46 maotiint^H, iirbiI in thw recor.l
(leiiarrineni and iLh C'Di.KreHstonui Library.
The 0'<iu'paay 1h witboat indebtednesn of any kind other than oar[m general, the bualnesB 1h In a good condition and the outrent blll.H
look as to rature bUdinesR Is eatlitaotory.
have bpun
ThtTf*
ment
Priiitlni? OllloH.ln Wa'-hlnirton,
thpjob
rooni.
The nnmberof machiueB shipped,
Tear
1903-04
1802-03
New
ipped.
Sli
sold, etc., was as follows:
On Rental
BoldOct. 1.
Rented.
To al.
H65
8.-9
383
456
Not stated.
(t)
748
967
190l0a
197
374
571
371
6i8
190001
267
986
151
479
630
1,325
1898 97
214
18a6-96
581
1,638
795
The net profits, etc., for four years past compare as follows:
1903-04.
1902-03.
1901-02.
190 )-01.
v«15
H16
663
«41
5P2
772
Total net profits
Dlvld nils paid
Dividends, rate p.
Annutl rental
$2,383,293 $2,328,633 $1,892,918
1,500,000
1,50^000
1,350.000
15
ISifi
o..
15
488,324
gales of siippllea
497,478
685,519
(1)
1904.
Atsets -
535,333
547,000
1901.
$
$
1.
$
766,887
257,500
868,617
710,635
1,424,743
387,193
932,560
20,945
1,377,606
264,722
840,6S9
978,940
1,003 800
16,889
58,247
78,247
6,206,795
8,658
e,201.5t!0
7,737
13,352,795
12.474,663
11,633,950
account
138,455
Oastonaers' notes reo. 1,964.729
Open accounts
469,198
Raw materials, eto... 1,171,197
Plant, eto
1,361,152
Linotyp»8
989, 5H0
OfSoe tlxtDres A f urn.
28.608
Linotype''© (Canada)
InvestmenT
53.573
1,674.252
409,160
1,051.418
1,198,172
Rights, pilvll fran.,
patents &invent'n8 6,228,645
,
MlsoeiJantous
Total assets
Liabilities—
Capital stock
10,000,000
8,009
536.910
730,255
1,018.700
10,654
10.000,000
14,100
356
316
2,443,127
1,619,494
1,076.675
12.474,563
Total llabnities... 13,352,795
79, p. 1706.
11,633,950
11,093,951
10,000,000
17,060
{Report for the Fiscal Year ending June SO, 1904.J
report, audited by Mr. Stephen Little, shows
FOKL DEPAKTMBHT-TONNAGE [PBODUOTIO.V AND SALES JOLT
The
1
TO NOV. 12, 1903].
268.)
—
Coal
Productton.
>
Total
Mines.
47,648
1,193,125
2,217.688
Cake
Used by company
Ooke ovens. Iron Dept
508,781
173.960
138,611
Total
salci.
1,923,137
294,551
1,348,375
15D,'i50
508.751
47,648
312,671
IBOM DEPABTMBNT—TOMNAOE STATEMENT TEAB ENDING JUNE 30, 1904.
On hand Product'n
June 30, '03. for year,
lont
(2,000 lbs.)-
Iroa and steel.
Iron ore
68.421
Total
The
68,421
SNl.wSa
181,295
10e,412
1,0J7
148,235
results for the year
were as follows
1.007
145,'<76
1.034,601
Limestone
Used by company.A.t
Steel works &
Onhind
Mirus.
Laramie. June SO, 'Oi.
Sales
for year.
744.a33
181.506
108,702
869,689
210
2,350
compared with those of
8j,140
84,140
year
last
:
OBOBS AND NET EABNINGS.
Gross.
190304.
19020?.
3,455,496
8,0( 5,9li
Denver retail depart'C.
161 ,016
Mlsoellaneous
3,252
9,304,427
Fael department
Iron department
Total
864.664
:-<,044
8,625,675
16,653,963
Net.1902-03.
1,305,022
926,781
12, 05
23,002
8,2.')2
3.044
1903-04.
6,981,8.i8 def.
519,887
316,300
218.P9.S
215,728
Balance to Income account
2,257.849
266,867
3,267
Deduct management
1,990,982
1900-01.
INCOME ACCOUNT.
190! 03.
$
1901-02.
$
$
$
3,267
1,990,982
1,<?01,926
2,142,871
485,653
111,156
329.926
71.619
613,281
426.<)38
1903-04.
Net earnings
Deduct—
Int.
on
Taxes
13^.348
978.785
115,477
Blnk'g funds, other funds
and mlHc^lIaneous
Interest and excbauKe
416,492
613,112
bds.. less misc. Ino.l ,036,28
22,267
Dividends on pref. stock—
Current year
Previous years
Total
^
(4)80.000(8)160.000 (8)160.000
1 480,000
1.588.125 1,787,874 1,270,093 1,480,760
def.1,581,868 8r.203, 609 sr 531,833 sr.661,9^1
Balance for year
t Dividends 11 to 16 Inclusive- July
79, p. 1706, 1643.
l,
Buffalo
—
& Southern Kj.— Reorganized Company.— ThlB
a certificat-e of organization at Albany on
authorized capital stock as saccf ssor
of the Baffalo Hamburg
Aurora Ry., recently foreclosed.
(V. 78, p, 2441). On Nov 6 the Buffalo Qardenville
Ebenfzer Ry. Co. (stock, |40,000) was merged, the stock of the
Buffalo & Southern being increased to $2,000,000
DireoCors:
O. Traoy Rogers of Bingh»mtOB; Lonls L. Babcock. Edward MMills and Franklin D. Locke of Buffalo; D. N. Ramsey and Joseph B.
Rumsey of Oswego, Pa Frank L. Andrews and Luther B Selbert of
Oondersport, Pa.; Phllo C. Blasdell of Bradford, Pa.; Theodore N.
Barnsdall of Pittsburgh and Asher B. Emery of East Aurora.
filed
Aug. 28 with
|1, 960, COO
&
&
;
gage.
—
$75,000 will be reserved for extensions.
The new bonds are gold 5 per cents, dated Sept. 1. 1904. and dne
Sept. 1, 1931. without (^'ptlnn of earlier redemption; Interest payable
Mar. 1 and Sept. I at office of trustee; denomination, $1,000 and $500.
Miles of road covered, 17^u.
See Street Ry. Section, p.l557, and Chron'icle, V.79,p.785.
Canadian Pacific Rj.— Right to Stibscrtbe. —Shareholders
on Ojt. 37 are offored by circular tae right to subscribe by means of the company's warrants prior to 3 p. M.
Nov. 80 for $16,900,000 new ordinary capital stock at par on
:
Tont
(2.000
Buffalo Hamburg & Aurora Ry. Successor Company,
See Buflfalo & Southern Ry. below.— V. 78, p. 2441.
of record
& Iron Company.
Colorado Fael
p, 1954, 1839.
,
401
—V.
H
Burlington County By., Mount Holly, N. 3.— New MortThis company has made a mortgage to the Mount
flolJy Safe Deposit & Trust Co., as trustee, to secure $550,000
6,176,139 bonds, of which $475,000 are being issaed to retire all bonds
11,100 of the companies merged, viz., Bnrlincton County Traction
11,093,951 Co People's Traction Co. and Mount Holly Street Ry. Co.;
87,722
10,000,000
31,035
Creditor*' open aoo'ts
20.089
Dividends unpaid....
6,284
Surplus
3,326,423
D Rockefeller and James Miillman, President of the Nttti xjal
City Bank of New York, bad purchised §25,000,000 in Atchison stock. Mr, Ripley said that bf» was not aware as to
whether this Indicated that E.
Hirriman wonld be interested in the ownership of the Atchison or not, althoagh
the fact that these men had been acting together in several
large deals recently would seem to lend some slight color to
the statement," The foregoing is in line with the authoritative statement, previously published in this column, that a
considerable minority Interest in the stock (the total outstanding Issue, common and preferred, being $216,129,230)
had been parchased by the Union Pacifis interests.— V. 79,
company
476,000
1903.
S
990,000
Cash
53'»,276
1902.
:et
BALAKCB SHEET OCT.
& bond
12ifl
of
maohlnea, eto
Stock
$2,083,033
1,250.000
(Vol. Lxxii.
1897, to June CO, 1900.— V.
the basis of 20 p. c. of their respective holdings. The warrants must be surrendered at the Bank of Montreal, London, New York or Montreal, not at the company's office,
Subscriptions must be paid at the said bank in either of the
30 p. c. [|20 or £4 2a. 6d.] per share
cities named as follows
on subscription on or before Nov. 30, 1904; 20 p c. Jan. 30,
1905; 20 p. c. March 30, 1905; 20 p. o. May 81, 1905; 20 p. c.
:
July
31, 1905.
Shareholders may pay any or all of the Instalments in advance, bat
no Interest will be allowed on ad canoe payments All shares of the
new Issne. whether the Instalments have been paid in advance or
only on the dne dates, will rank for the full dividend accruing for the
half-year ending Jane 30. 1905. Certltloat«)S of oriln^iry capital stock
for whole shares will be Issued from the Bank of Montreal, 59 Wall St.,
New York, on or as qalckly as possible after Aug. 1. 1905. upon surrender of the fully ptkld certlflcates of subscription, the payments on
which have been made by instalmenta out where ail the payments
hHve been completed In advance, stock oertitlodtea may be obtained at
the said office on and after the opening of the transfer books la April,
19'i5. Holders of fracllans agKreg^tlng less thaaone xh^re oaust m*ke
snch anjaHtment either by purchase or sain, either with other shiireholders or tlirough broke: £>, as wtit make a whole share.
;
In order to participate in the dividend for the half-year
30, 1905, the fully piid up certlfieatea of subscription mnat ba sent in for exchange for certiScates of ordinarv capital stock on or before Aug. 15, 1905.— V. 79, p.
ending June
2084, 1641,
—
Carbon Street Ry.— Reorganized Company, This com
pany was orgnuized at Alleutown, Pa., oa 0:t. 17, as successor of the Mauoh Cnunk L^highton & Slatiogton (ElecDirectors:
tric) Ry., sold at receiver's sa e on Atjril 12.
Harry O. Trexler. Preslflnnt: J. M, Drelabach. Secretary and Treasurer; Andrew 8. Kfck, Hinh E. Crlilv. Ailentown, Pa; A. E Godschaik, Thomas A. Suycer and Reabeu J. Buiz.
Capita! stock,
all of
one
olass, $354,000.
Ry.—M eting—Ntw
Nj
bonds.
—
Binis. The share'
holders will meet at Tren on, Ojt., on Nov. 3i:
(a) To consider the litigation pending In c <nneotlon with the bonds
and coupons outstanding under mjrtgage of April, 1882, and to take
Central Ontario
jpgal meHSureH to set asldei ihejad^mt^ni for the sale of the property;
(ithorlz-^ legal proceediugs atialnxt any persons through
())) TO
whom
thH railway mi»y have suffered loss bvmlsufeor malfeasance; (c) to
authorize procwedlugs to test the tr.le or owuershlpof any property
held by any oorpor<iilon which under the judgment of the Master of
tUe Supreme Court nf Belleville was found to liave been purchased as
feeders for the Central Ontario Ry and (d) to provide f»r the cancellation of the existing bonds and coupons and theissne of new bonds to
p«.y off unoh indebtedness as the railway may bn legally liable for and
to provide funds to build the extension of 40 miles for which subsidies have been voted by the Ontario and Domlnlou governments.
.
GENERAL INVESTMENT NEWS.
The road extends from Plcton and Trenrnu, O it., both on
RAILROADS. INCLUDING STREET ROADS.
Lake Oot trio, to Coe Hill and Bancroft, 116 miles. An offiAshland & Weateru RM.— Reorganized Company.— ThiB cial statement says:
compHiiy on Juup
Lake
&
16,
RR
1904, ancceeded to the property of the
il334), whose reieivership
ended on June 2. The road extends from Ashlaofl, on the
Erie RR., to Cu^taloga, on the Pennsylvania, a distance of
Rivt-r
25 miles.
Co. (V. 78, p.
OfiBcers:
Calvary Morris, President; M. J. Mandelbanm, Vice-President; A. R.
Horr, Secretary and Treasurer, all with offices at Cleveland. Ohio.
Atcbtson T'pfka & Santa Fe.— Rockefeller Stillman Pur
chase,— A press dispatch from Los Augeles, Cal., on Thnrs
day said
"President E. P. Ripley stated today that John
:
This Hon opens np the great Iron mines of Hastings County. Ont.>
which are believed to be eq rial in extmi to the wboie iron dl»trictof
Lake Superior Its docks tor the nblpmeut of ore are at Weller's Bay,
on the north fhore of Lane Ontario, and direc'ly north of Rochester,
N. Y. These vast depoxlts of Iron ore are of Bessemer quality, and are
3'
miles nearer Pittsbargh thsu ibore of Lake Suiierlo; ali-rall shipments can be made during the wluter month-), via the Suspension and
International bridges and Bnffalo. More tnaa fifty deposits of iron
are bnowu to exist on the territory owneil by this company.
S. J. Ritchie of Akron Ohio, is President, and Q-norge Collins, Trenton, Oat., Secretary and Manager.— V. 79, p. 1366.
Nov.
THE CHRONICLE.
12, 1904.1
Chesapeake & Ohio Bj.— Listed.— The New York Stock
Exchan«e has listed |50O,0C0 additional general mortgage
414 V. c bonds isened for conetruotion, additions and s«icoad
track, making the total listed $38,573,000.-V. 79, p. 915, 900.
Chico (Cal.) ElfCtric Ry.— Bonds— The shareholders on
October 17 authorized the issue of $200,000 5 p. c. 30 year bonds
Constrnotion is in progress. Office, Rialto
of $500 eacb.
Building, San Francisco. -V. 79, p. 786.
Clereland CiuciniiHtl Chicago & St. Lonia Rj.— Called
C. consolidated 6 p c.
Bonds.- Seven (|7,(i00) C. I. Sr,. L,
mortgage bonds, viz., Nos. 1,038, 958, 887, 164, 33, 360, 147,
have been drawn for the Pinking fund and will be paid at 105
and interest on May 1, 1905.— V. 79, p. 1831, lOiS.
&
Clevelaod
& Eastern
(Electric)
Interest — Tbe CJeveland Trust Co.
2147
EvansTllle & Princeton Traction Co.— iVb Change of
name—fstatus. The Evansville Princeton & Indianapolis
Railway Co., which was organized July 20, 1904, te an allied
corporation, both companies having, to a considerable extent,
the same stock holderf; but there is no direct connection between the two corporations, nor was the E P. & I. organized
to succeed to the property of the Evansville & Princeton.— V.
—
79, p. 500.
Farmerville & Southern.— In Ojjgraiton.— Train service
on this new line was begun Oct. 31 between Felsenthal, Ark.,
and Farmerville, La., connection being made at Felsenthal
with the El Dorado & Bastrop Ry,
Fort Wayne & Wabash Valley Traction Co.— Temporary
Rj.— Payment of Overdue Mortgage.— Thia company's new subsidiary, the Fort Wayne
paying the bond Interest & Southwestern Traction Co., has filed a temporary consolidated mortgage to secure $1,635,000 5 p. c interim bonds,
due July 1, 1904.-V. 72, p. 1080.
Cleveland Lorain St Wheeling Ry.— Preferred Dividend. of which $1,000,000 are reserved to retire the $1,000,000 1st
Witb reference to recent rumors, we are officially informed 58 of the Fort Wayne & Southwestern and the remaining
that while no arrargement has been made with the stock- $635,000 were issued to pay for the property of the Fort
holders for the payment of dividends on the preferred stock, Wayne Electric Light & Power Co. The latt-named company maintains its corporate existence, although it has no
it is proposed shortly to pay a dividend of 2% p. c. out of
the surplus up to June 30, 1904. What is done hereafter will assets. The Fort Wayne & Southwestern Traction Co. is
being merged into the Fort Wayne & Wabash Valley Tracdepend upon the earnings and the action of the direct ora
The option to purchase the bonds expired May Ist last.— V. tion Co. Upon completion of the merger the latter will replace the temporary bonds above described by its own first
77, p. 1294.
Plttsbnrgh RR.— Application to List.— The consol. 5s, total issue limited to $7,500,000 (compare V. 78,
Cleveland &
New York Stock Excharga has been requested to list |4,043, p. 2011).— V. 79, p. 1955, 500.
1.00 special gUHranteed betterment stock, being part of the
Georgia Railway & Electric Co.—Power.— See Atlanta
110,738,185 authorized on May 19, 1904. See V. 78, page 1322, (Q-a.) Water & Electric Co. under "'Industrial" below.— V.
is
1S61.
79, p. 681, 151.
Coal River & Western Ry.— Half Interest S'oZd.— Senator
William C. Sproul of Chester, Pa., has purchased for himself
and associates a one-half interf st in this 25-mile road, which
extends fnm St, Albans, W. Va up Coal River to Briar
Creek. It is proposed to extend the line up Little Coal
River to Cobb's Creek, where Mr. Sproul and associates own
,
18.000 acres of land.
The oompany bae ontetanding $840,000 capital stock, all common
(par of shares, *100), the authorized Issue being limited to $1,500,«00;
also $295,000 first moitgajje 5 p. o. grid bonds of $1,000 each (total
issue authorized. $360,000), secured by mortgage to the Kanawha
Banking & Trust Go. of Charleston, W. Va., as trustee. In the stock
Oen. O O. Watte of Charleston. President and Oeneral Manager of
tbe company. Is said to have a one quarter interest, and J. Morgan
Oloott of New York another quarter, ihe balance being held by Senator Bproal and those associated with him.
Coloredo
& Southern Rj.— Car
Trusts Offered.— Oe. H.
Walker
Co., St. Louis, are offering for sale |25O,O0O of the
outstanding issue of $1,395,000 car trust gold 5 p. c. bonds
dated June 1, 1904. "This issue unifies the car trust obligations of the company and is secured by a mortgage on 2,7C0
freight cars, on which cash payments amounting to $840,000
have been made; interest payable quarterly beginning June
1." Compare report V. 79, p. 1459.
Listed— The New York Stock Exchange has listed $300,000
additional first mortgage 4 p. c. bonds of 1929, making the
total $19,103 000.
Thepe bonds represent expenditures made
during 1903 for additions, improvements, extensions, etc.—
V. 79, p. 2085, 1459.
&
Dedham & Franblin Street Ry.— Stock.— The Maesaohueetts Railroad Commission has authorized the sale for
cash of 575,000 capital stock. The company was recentlv
incorporated to take over the property of the Norfolk &
Western Street Ry. Co. sold at receiver's sale on Aug. 3.
No bonds will be issued, the company asEuming tbe bonds nf
the Norfolk Western St. Ry. Co.
(V. 79, p. 628, )-V. 79,
p. 1331.
Detroit & Bey City Traction 0,9.— Successor Company.—
This company was Incorporated on Oct. 10 under the General Railway Act of Michigan, with $1,000,000 capital stock,
to carry on the enterprise of the old Detroit Pontiac Lapeer &
Northern Electric Ry. The new compiny, we are officially
informed, takes over "nothing from the old company and
assumes nore of its liabilities." It is proposed to build the
road from Drtrolt to Bay City, via Franklin, Pontiac, Lapeer, Mayville, Csro and Akron,
franchise was granted
by Bay City or Oct 24. The officers and directors are:
President, E. H. Whltcomb, Davenport, la
VIoe-Pres., WllUam
A
;
Perkins, Detroit; Treasurer, J. H. Christian, Chicago; Becretarv. Li. -V.
Kookwell, Chicago; General Maiaeer, O. J. Price, Detroit; ConsnltiBg Engineer, O. T. Gregory, New York.
Detroit Poutiac Litpeer& Northern Electric Ry. Co.—
Detroit & Bay City Traction Co. above.— V.
-S«cce.s.»or.— See
76, p. 1248, 13tO.
RR.—
East Lontsiana
Officers.—Th» officers are:
Frank H Goodyear, President, BnfTalo, N. Y.; N. G. Pearpall, VicePresident. Covington. L»; 'has. I. Jamep, Secretary, Baltimore, Md.;
O. K. MnUlngs, Treat-nrer. Covington, La,— V. 79, p. 1023.
EvHDi^ville (Iiid.) Electric Ky.— Second Mortgage.— This
company sometime since made a second mortgage to the
Farmerb' Loan & TruetCo., as trustee, to secure an issue of
$300,000 5 p.c. gold bonds, of
which $125,000 have been ipsued
Thepebondsaredated June 1, 190*, and are due June 1, 1916, but
are subject to call d) as an er.tlre Issne at the company's option on
Jnne 1, )90«,or any li.terest dav thereafter.at lOft and Interest; (2) at
the same price for the fluhlng fnnd on June 1, 1907. and each June 1
tkereafier until maturity ,ln amounts to be determined by dividing the
total amount of bonds outstanding by the number ofyears the Issue has
yet to rnn.
Ff r the year ending Oct. 81, 1003, the gross earninpa were
$192,799; net $76 450; charges |6l,180; surplus $15 290.
For
the half year ending June 80, 1904, profln $90,939, ngalnst
$82,869 in 1902-03 net $26,969 against $22,181.— V. 72, p, 872.
;
Indianapolis
RR. below.— V.
& Yincennes RR. — Merger.— See
Vandalia
79, p. 1955.
Inter- State Railwaysi, Philadelphia.— i^aW-patd Certificates —The company la now delivering full-paid stock certificates in exchange for full-paid instalment stock certificates.
— V. 78, p. 702.
Kansas City Sonttaern Ry.— iJeporf.— The results for the
year ending June 30 were:
Tear—
Qross.
Net.
Oth.ineome. Charges.
Bal.,$ur.
1903-Oi
$6,450,320
6,010,459
1901-02
6,450,871
-V. 78, p. 1549.
190^03
$1,901,141
1,651,650
1,834,745
Lake & River RR.
RR. above.— V.
$75,«5a
79.803
115.375
$1.12i,771
1,079,083
1,033,786
—/Sfwccessor.— See Ashland
$a.^3,023
652,370
916,334
& Western
78, p. 2834.
Lehigh Talley Traction Co.— Time Extended.— The time
for deposit of securities, etc., under the plan of reorganization (V, 79, p. 783) has been extended to Nov, 15, inclusive, with a penalty of 2 p. c, except in cases where proper
cause is shown why this penalty should be waived.— V. 79,
p. 1704, 1462.
Loganfiport
below.— V.
& Toledo Ry.— Ifergrer. —See Vandalia RR.
74, p. 41.
LoDg Island RR.— Only Portions of the Road to be
Operated tvith Electr icily.— Touching current reports that
all the company's lines will shortly be operated with electricity,
W. F. Potter, Vice-President and General Manager,
replying to our inquiry, says: "This company is now electrifying 45 miles of line, comprising:
Flatbnsh Avenue to Jamaica and Hammels to Valley Stream.
Queens.
Jamaica to the Metropolitan Race
Ozone Park to Rcckaway Beach.
Track.
"We have ordered 122 motor cars of the subway type, to
be equipped with two 200-hor8e-power motors each. The
system of operation will be what is known as the multiple
control, and the same now in use by the Manhattan Elevated,
New York Subway and the Brooklyn Rapid Transit.
service will be electric train operation over the portions
of the line indicated above, and has nothing whatever to do
with any other portions of the line or the tunnel now being
constructed by the Pennsylvania New York
Long Island
the
The
&
RR. Co."— V. 79, p. 1266, 627.
Manch Chank Lehlghton & Slatfngton Street Ry.—
Sw«ce*8or.— See Carbon Street Ry. above.— V. 79, p. 681.
Metropolitan Street Ry., New York.— Transfer Decision,
—Justice Seaman, in the Twelfth Municipal Court In this
city, on Nov. 5, in several actions brought by Francis A.
Lux, decided that penaltits can be Imposed for a refusal to
grant transfers at Twenty- third Street and Broadway. No
reference was made to the recent decision of the Appellate
Division of the Supreme Court in the Topham case, which
held that transfers might be refused under the conditions as
shown by the proofs presented in that case to be existii g at
the point in question. See V. 79, p. '<;69. The entire question will, of course, be carried up to the Court of Appeals.V. 79, p. 1266, 903.
—
Ltflfcd.— The New York
Minneapolis it St. Lonis RR.
Stock Exchai ge has listed $1,250 ,C00 adcitional first and refunding mortgage 4 p. c. bonds of 1949, making the total
listed $8,^50,000.
The bonds just 1 isted are a portion of the
$1,859,000 Issued since June 13, 1899, the remaicd-r being in
tbe treasury. The !|i;l,859,000 bonds were certififd as follows:
For additions, improvements and equipment, |l,217,'00j
against deposit with Central Trust Co,, trustee, of |2 580.(00
Dfs Moines & Ft. Dotage RR. Co. common stock, |642,0CO.
Compare V.
79, p. 1952, 20b5.
Mount Airy & EaHtern Rj.— Sale. — See Tunis Lumber Co.
under Icdustriais below.— V.
72, p. 986.
THE CHRONICLE.
2148
Central & Hndson RlTer KR.— Debenture
Marketed,— 3, P. Morgan & Co. have disposed of
the entire block of $80,000,000 4 p. c. debenture bonda which
was purchased by them for a syndicate several months ago.
The syndicate members were not called upon for any cash
payment.
Purchase of Real Estate,— Oa Friday last the company
closed contracts for the purchase of $8,000,000 worth of real
estate In connection with the terminal Improvements in this
city, viz.: the F. & M. Schaefer brewery, on the east side of
Park Ave. from 50th to Slst St. and half of the block on
New York
Bonds
all
the east side from 5l8t St. to 52d St. Negotiations are also
said to be pending for the Steinway piano factory, from 52d
to 58d streets.— V. 79, p. 1955, 1642.
New York Ontario & Western Ry.—New Bond Issue Approved.— The stockholders on Nov. 9, by a vote of more than
420,000 shares, unanimously ratified the issue of $12,000,000
50-year 4^ bonds (per plan In V. 79, p. 1332, 1462.), the
present issue thereof to be $2,000,000.— V. 79,
p. 2088, 1955.
f
St. Lonlg San Francisco £ Texas Rj.— Merger.— This
Texas subsidiary of the St. Louis & San Francisco RR. Co.
has acqalred by deed the properties of the Blackwell Enid &
Texas, the Paris & Great Northern, the Red River Texas &
Sherman and tbe Oklahoma City & Texas railroads. Stock
of the consolidated lines to the amount of |604,0()0 was also
registered to replace the stock of the merged lines which was
canceled.— V.
78, p. 2386.
St. liOnls Sonthwestern Ry.— Listed.— The New York
Stock Exchange has listed $611,000 additional 4 p. c. mortgage bonds of 1932, making the total listed $12,865,000. The
additional bonds were issued as follows:
In exchange for $200 fcrtp and $12,000 second mortgage income
bonds, $11,000; upon deposit of the entire bonded debt and stock
($126,000 and $1»9,500, respectively) except dirootors' shares of
the Pine Binif ArkansaB River Ry., which extends from Rob Roy,
Jefferson Co., Ark., to Reydel, Ark.. 24 miles, $i80,000; constractlon
or acquisition and equipment of branch from Noell Junction, Dallas
Co.. Tex., to Dallas, Xex.. 1218 miles, $120,000.— V. 79, p. 1457, 731.
St.
Lonis Vandalia
&
Vandalia RR, below.— V.
Norfolk & Weetern Ry.— Listecf.—The New York Stock
Exchange has
listed the first issue of
sional first lien
and general mortgage bonds of
$5,000,000 4 p.
c.
divi-
1934.
The total Issue Is limited to $35,000,000. The mortgage oonstitntea a first Hen on existing extensions and branches of an agfrregate
length of 195-51 miles that are free from the Hen of the first consolidated mortgage, viz Cincinnati division and branches, 131 49 miles;
Naugatuck branch and Kenova & Big Sandy RR., 59-12 miles, and the
capital stock of the laeger & Southern Ry. Oo., which owns 4-9 miles
of completed railroad. It is likewise a Hen upon such equipment,
extensions and branches as may be acquired or constructed out of
the proceeds of the new bonds, and it also constitutes a lien, subject
to the first consolidated mortgage, upon the properties covered by the
Vol. LXZ12.
Terre Hante
RR.— Merger.—See
79, p. 1956, 1267.
St. Louis Webster & Valley Park Rj.— Mortgage.— This
company, which was recently organized in Missouri to build
a trolley road from St. Louis to Manchester, Mo., with a
branch to Valley Park, has filed a mortgage to the Union
Trust Co. of Philadelphia and the Trust Co. of St. Louis
County, Clayton, Mo., as trustees, to secure $600,000 of 5 per
cent gold bonds, bearing Interest from Aug. 1, 1904. Much
of the line will be over private right of way. The road will
connect with the system of the St. Louis Transit Co. at the
city limits, near the intersection with the Clayton road.
latter. The $5,000,000 of bonds covered by this listing have been
Savannah Statesboro & Northern Ry.— Proposei New
sold. In partial reimbursement of the company for expenditures
charged to property accounts before July 1, 1904, which Include the Line to Seaboard System. The owners of the Savannah &
sum of $5,673,280, being the cost to that date of the mileage above Statesboro Ry., which extends from Statesboro to Cuyler,
specified, on which the divisional first lien and general mortgage Is a Ga., 82 '6 miles, with trackage rights to Savannah, 29 miles,
first Hen. -V. 79, p. 1705, 1642.
have given notice of their intention to apply for a charter
North Shore RR., California.- De^auif.- The interest due for the Savannah Statesboro & Northern Ry. Co., which
Nov. 1 on the $2,000,000 5 p. c. bonds of 1902 remains unpaid. win extend said line from Statesboro, Ga., northwestly via
A controlling interest in the property was recently reported Louisville, Thomson and Washington, to Athens, Ga., on
as sold to the Harriman, or Southern Pacific, interests, and it the Seaboard Air Line, a distance of 180 miles. The bonds
of the Savannah & Statesboro are guaranteed by the Seais quite possible that this default is the first step toward
board Air Line Ry. Co. Compare map on page 1865 of Railgetting clear title. President Foster is quoted as saying:
The road has not the $50,000 on hand to meet this Interest and way & Industrial section. The capital stock of the new
neither I nor the other directors feel Inclined to borrow money to do company will be $2,600,000.
Incorporators:
so. I believe we have six months yet in which to pay, and by that
W. H. Lynn of New York City, Cecil Gabbett, J. A Brannen, J. G.
time we'll see what can be done. J^ver since the Installation of this Blltoh, J. W. OHlfT, R. Simmons, W. B. Martin, W. O. Parker, 8. C.
road the running expenses have eaten up every cent of the receipts. Groover, 8. L. Moore, J. F. Brannen. W. T. Smith, J. H. Donaldson
That condition still obtains, but the road has been greatly Improved and B. T. Outland of Statesboro and J. S. FrankUn of Portal, Ga.
of late, and I hope In time to have it on a paying basis. See V. 79,
Savannah &, Statesboro Rj.—Bkctension.See Savannah
p. 681.
Statesboro & Northern Ry. above.— V. 78, p. 1110.
Northern Seoaritles Co.— Argument,—The argument reSeaboard Air Line Ry.— See Savannah Statesboro &
garding the distribution of the company's assets before the
United States Circuit Court of Appeals in Philadelphia took Northern Ry. above.— V. 79, p. 1382, 1024.
place on Wednesday and Thursday of this week.— V. 79, p.
Terre Haate & Indianapolis RR.— Consolidation.—Sde
1955, 734.
Vandalia RR. Co. below.
Rehearing Denied. —The United States Supreme Court on
Oregon Short Line RR.— Option to Terminate Nov. 23.— Oct, 31
a
The offer of Kuhn, Loeb & Co. to deliver in exchange for ing the denied of motion for a rehearing in the action Involvclaim
the State of Indiana for $913,905, which was
each |1, 000 participating bonds, having coupon due Fdb. ],
decided in favor of the company in June last. Compare V.
attached, a temporary certifica'e for |1,000 "Oregon
1905,
2336 V. 75, p. 1304, 1308. See V. 79, p. 1956.
Short Line RR. Co. 4 p. c. refunding 25-year gold bond," un- 78, p.
Terre Haute & Logansport Rj.— Merger.— See Vandalia
conditionally guaranteed by the Union Pacific RR. Co., and
further to pay to holders upon such exchange $77 50 per bond RR. below.— V. 79, p. 1958.
in cash, will, it is announced, be withdrawn Nov. 28. ComToledo Bowling Green & Soathern Traction Co.—See
pare V. 79, p. 2086.
Toledo Urban
laterurban Ry. below. V. 79, p. 271, 601.
Toledo Urban & Interarban Ry.— Increase of Capital
Panama RR.— New Directors.—The following new direcStock
This company has increased its capital stock from
tors are announced:
$100,000 to $1,000,000. The company was organized to lease
Gen. George W. Davis, Col. Frank J. Hecker and Benjamin M. Har
rod (all members of the Isthmian Canal Commission) succeeding the property of the Toledo Bowling Green & Soathern TracMessrs. Gallaway. Hopkins and Comstock; also William Barclay Par- tion Co. and to construct a trolley line between Toledo and
sons, succeeding George Whaley.— V. 79, p. 968, 904.
Perrysburg, giving connection with the city of Toledo.
Penn Incline Plane, Pittsburgh.—.ForecZoswre,— Judge This new line is expected to be in operation within a few
Elliott Rodgers of Pittsburgh on October 2 ordered the weeks to a pMnt about a mile from the State Hospital,
foreclosure sale of the property under the mortgage made whence the rails of the Toledo Railway & Ltgtit. Co. will be
Dec. 28, 1882, to secure |l25,000 bonds of two series. The used, at least for the present, to the business centre of the
company erected a plane between Penn Ave, and Liberty city. The lease of the property of the Toledo Bowling
Ave. near 17th St., Pittsburgh, and acquired title to real Green & Soathern Traction Co. will not be consummated
'
estate underneath the plane which is now reported to be before December. See V. 79, p. 371.
worth $50,01)0 or more. V. 78, p. 1276.
Cndergronnd Electric Railways Co. of London Ltd.—
Pennsylvania Company.— See Vandalia RR, below.— V. Offleial Statement.— Tae $16,550,000 five per cent profitsharing secured notes of 1908 were listed this week on the
79, p. 1642,
Pennsylvania RR.— See Vandalia RR. below.—V. 79, New York Stock Exohatig?. Oq pages 2153 and 2154 will be
found the official statement of Chairman Charles T. Yerkes
p. 1882.
made to the Exchange In connection with this event. The
Pere Marqaette RR.— Oncers,- Russell Harding, Presi- total autborized issue of tbe notes is limited to £7,000,000, of
dent, has moved his headquarters to Cincinnati, O. Charles which £3,599,000 have been issued and listed oa the London
A. Parker is Vice-President
charge of both freight and Stock Exchange and the balance, viz $18,550,000, have been
passenger traffic, with office at Cincinnati.— V. 79, p. 2086, issued in dollars and made payable in United States gold
1956.
The facts regarding the company are given in the
coin
Philadelphia Baltimore & Washington RR.— Progress of statement referred to above.
City of Washington Tunnel.— The "Railroad Gazette" of
Rfiport.—See page 2145 of to-day's Chbonicle.—V. 79,
Oct. 7 contains an illustrated article regarding the progress p. 1618.
made during the summer on the tunnel under Capitol Hill,
Union Pacific RR.— .4?Kance.— See Atchison Topeka
which will give the Pennsylvania RR, Co. an entrance from Santa Fe Ry. above.— V. 79, p. 2087, 1956.
the South into the new Union Station now building at WashVandalia RR.— New Consolidated Company. The shareington, D. C. See also Issue of Nov. 11.— V. 79, p. 1028. 270.
holders of the Terre Haute «& Indianapolis RR. will vote Deo,
Philadelphia Rapid Transit Co.— Application to List.— 14 on the proposed merger with the St. Louis Vandalia
The New York Stock Exchange has been requested to list Terre Haute, Terre Hiute & Logansport, Logansport &
the $30,000,000 capital stock.- V. 79, p. 1329, 1266.
The consolidated
Toledo and Indianapolis & Vincennes,
Rock Island Co.— iVot Listed in London.— The report that company will be known as the Vandalia Railroad Company,
this company's shares had been listed on the London Stock and will have $25,000,000 of authorized capital stock, a
Exchange proves to have been erroneous.— V. 79, p. 1953, 1716. majority of which will be owned by the Pennsylvania Com:
—
;
&
—
m
,
&
—
&
1
Nov.
THE CHRONICLE.
12, 1904.]
2149
pany, which controls the Penneylvanla Railroad lines west
Peoria, will
of Pittsbnrgh and Erie. The Terre Hante
not be iDcladed in the present consolidation, but will be
operated under the lease to the Terre Haute & Indianapolis,
which will be assumed.
^^ „,
,.
,
t,
a_
The total length of the lines, including the Terre Haute &
operated under lease will be about 856 miles, viz,:
Peoria,
Snflaclent bondholders have signed the agreement of May 15, 1904,
to render the same effective. Proper certificates, with conpons attached, providing for the payment of $50 of piinoipal on Nov, 1 in
each year 1905 and 1906. $150 on Nov. 1, 1907, and $250 on Nov. 1
1908, with interest at the rate of 6 p. 0. per annum, payable semi-
Miles'
The instalment due ;Nov, 1, 1904, was not paid, nor has
the interest due on that date been paid, except in cases
where the owner of the bonds was willing to assent to the proposed extension. E. H. Rollins & Sons, Boston, by advertisement on another page, request the bondholders, before
assenting to the pro(.osition, to communicate with them. The
Morton Trust Co. is the mortgage trustee. The four steamships owned by the company are still being operated by the
United Fruit Co., successor to the Boston Fruit Co., to
whom the charter was originally made. President, A. R. C.
Smith, 100 Broadway, New York. Compare V. 68, p. 1223.
&
.
..
Louis, 23S miles, and coal branches, 43 miles.
IndlanapoUa to VlDoennes, Ind.. 117 mlles.wltti branolies 16 miles
..
South Bend, Ind.. southerly to RoohvlUe, Ind
Trackagt over EvanevUle & Terre Haute RR. to Terre Haute ..
LoKansDort, Ind.. northeasterly to Butler, Ind
IndlaDapoliB to
8t.
Terre Haute & Peoria RR. [leased] extending from Terre Haute.
Ind via Decatur, to Peoria, 111.. 174 miles, of which 138 miles
are owned, 8 miles half owned and 38 miles trackage over other
roads- net, excluding 8 miles trackage Into Terre Haute over
VandallaRR
28
138
159
23
94
166
856
Total [Including 43 miles trackage]
will make a blanket mortgage for
$25,000,000, the interest rate to be fixed from time to time as
different series are issued. This mortgage will be a first lien
on the 158 miles from 8t. Louis to Indiana State line, here-
The Vandalia RR. Co.
""'
tofore owned by the St. Louis Vandalia & Terre Hante RR.,
and on the 93 miles from Logansport to Butler, Ind., and a
consolidated mortgage subject to $4,700,000 existing bonds on
the remaining 416 miles owned directly, excluding the Terre
Haute & Peoria RR. (leased) and all trackage.
The terms of eonsolldation based upon the present financial
condition of the several properties and their earning capacity
appear from the following recapitulation of the purposes for
which the new stock and bonds may be issued:
APPLICATION OF 925,000,000 STOCK (FAB OF SHABBS $100),
IMMBDIATB I88UB, $15,133,471.
Terre Haute & lodlanapoUs-Plve shares of new stock, par
$100, for four shares, par $50.
f 4,970,375
Bt. Louie Vandalia «6 Terre Haute—
(a) One and four- tenths shares new stock for one share of
preferred, $2,162,580, and two shares of new stock for one
6,921,296
of common, $4,768,716
<b) To refund to Pittsburgh Cincinnati Chicago & St.Louls
on account of betterments and additions made to the St.
Louis Vandalia & Terre Haute and charged to expenses,
541,600
of which tne former company paid five sevenths
Terre Hante & Logansport— Seven-tenths of a share of new
1,400.000
stock for one share
& Toledo—
To holders of present Indebtedness ($1,650,000)
In exchange for $4,900 of Issued stock $100 new stock
Indianapolis & Vlnoennes—
(a) Of the present $3,100,000 mortgage Indebtedness
$1,400,000 IS to be delivered up In consideration of
Logansport
annually, on May 1 and Nov. 1, have been prepared and properlv ex
ecuted, and are now ready for delivery at the Morton Trust Co New
York. The first interest coupon of the new sheet, falling due Nov. 1,
1904, win be detached and paid in cash.
,
American Malting Co.— iVeio Directors —At the annual
meeting on Nov. 10 J. C. McClnne, E. M. F. Miller, Albert
N. ParliTi and A. Murray Young were elected directors to
succeed Frederick Uhlmann, C. W. Goodyear, F. D. S. Bethune and A. Tag.— V. 79, p. 2083.
American Vig Iron Storage Warrant Co.— Pig Iron
Trading to Begin Next Week on Produce Exchange.—The
New York Produce Exchange on Tnursday sent out copies
of its rules for trading in pig-iron certificates, which will begin on the Exchange on Nov. 14. The rules provide that the
warrants issued by the American Pig Iron Storage Warrant
Co. for pig iron stored nnder its system, and which are registered with the Central Trust Co , may be deposited in the
Trust Co., whioh^will issue its certificates
Farmers' Loan
for the warrants. These latter certificates, each representing 100 tons of 2,240 pounds each, will form the basis of
trading on the Exchange. More than thirty firms have
signified their Intention of trading in the certificates. See
form of warrant, etc., in "Journal of Commerce
Commercial Bulletin" of Nov. 10; also Chronicle V. 78, p. 1963.
&
&
Atlanta (Ga.) Water
&
Electric
Power Co.— In
Operation.
large hydro-electric
power plant at Bull's Sluice, about 15 miles from the city of
Atlanta, and is furnishing power to the Georgia Railway
Electric Co. See full particulars in Chronicle of July 9,
—This company has put in operation
its
&
(a)
(b)
500,000
100
$800,000 of new stock
Bergner & Engel Brewing Co., Philadelphia*— iZepor^—
The annual report for the fiscal year ending September 80,
800,000
1904, is reported as showing earnings sufficient to pay the
semi-annual dividend at 4 p. c. recently declared on the
All of the stock of the company, $1,402,000, shall be
given up for one share of new stock, $100. These two
Issues of new stock amounting to $800,100, together with
the outstandlDg $1,700,000 first mortgage bonds, due
Feb. 1, 1908, shall represent the full value of the Indian(b)
page
1904,
153.
100
$1,650,000 preferred stock, leaving a surplus to be carried to
the credit of profit and loss Also that the fl mating debt has
been reduced from $1,165,000 November 1, 1899 to $200,000.
Reserved to be issued from time to time for the improvement of the consolidated property, the purchase and
construction of additional railways and other corporate
purposes
9,866,529
New Directors.— Gt3orge W. B. Fletcher and Richard Y.
Filbert were recently elected directors, succeeding Otto
Annear, resigned. V. 79, p. 1956.
Wolf and
apolis
& Vincennes
.
Total stock authorized
$25,000,000
APPLICATION OF $25,000,000 NEW BONDS— $10,627,000 NOW TO BE
ISSUED OB BBSEKVBD FOR ITNDEBLTINO BONDS.
Issuable to pay present matured mortgage debt of the St.
Louis Vandalia A Terre Haute (held by Pennsylvania Co.)$4,496,000
To pay certificates of indebtedness of the Terre Hante &
Logansport (held by Pennsylvania Co.)
1,431,000
Reserved tn pay at or before maturity outstanding mortga);e bonds, viz
:
& Indianapolis, due July 1, 1925.. $2,500,000
due Jan. 1, 1910...
500,000
Indianapolis & Vincennes, due Feb. 1, 1908 ... 1,700,000
Terre Haute
Terre Haute
& Logansport,
4,700,000
Reserved to be issued from time to time for improvements
and the purchase and construction of additional railways,
and other purposes
14,873,000
Total new bonds authorized
$25,000,000
Dlrectcra [until election in April, 1905,] and officers will be:
Directors-John G. WlUtams and V. T. Malott of Indianapolis; W.
R Donaldson. 8t. Lonls Charles H. Seybt. Highland. 111.; Edward B.
Taylor, J. J. Brooks, James MoOrea. Joseph Wood and J J. Turner of
PlttMburgh; Samuel Rea and John P. Green of Philadelphia.
OfllcerM James MoCrea, President
Joseph Wood, First Vice-President; J. J. Turner, Second Vice-President; E.B.Taylor, Third VicePresident; 8. B Liggett, Secretary; 8. H. Church, Assistant Secy.;
T. H, B. McKnlght, Treasurer, and R. B. Thompson, Assistant Treas.
The consolidation is expected to become efEective Jan. 1,
;
:
1905.
Washington (D. C.) Railway & Electric Co.— First Dividend.— The company has declared its first dividend, viz., 2^4
c, on lhe|8,5(j0,000 preferred stock for the six months ending Dec. 1, 1904, payable Dec. 1 by the United States Mortgage «fe Trust Co. to holders of voting trust certificates of
record Nov. 21, 1904.
Bond« of Potomac Electric Power Co.— See that company
under "Industrials" below.— V. 79, p. 153.
p.
C
—
Wm.
Brazos River Channel & Dock Co.— Foreclosure.—The
American Loan & Trust Co. of Boston, as trustee, has
obtaiaed a final decree in the Federal Court In Texas
foreclosing
the mortgage made in 1889 to
secure
12,000,000 6 p. o. bonds due in 1909. The company was organized in April, 188S, for the purpose of deepening the
mouth of the Brazos River at Veiasco, Tex., and constructing docks and terminals. The iEterest on the bonds was defaulted in 1901. Compare Texas Land & Immigration Co.
below.
C&pitol Freehold Land & Inrestment Co.— Called Bonds.
Debentures aggregatlnf^ £35,000 have been called for payment at par on Feb. 9, 1906, at No. 139 Cannon St., London,
E,
Total debentures outstanding in February, 1904,
£898,028, interest pnyable May 15 and Nov. 15 on £651,968 at
5 p. c. and on £46,1)60 at 4 p. c per annum. See V. 73, p. 1162.
—
C
-V.
75, p. 1033.
(Henry) Clang Brewing Co.— Mortgage.— A mortgage was
recently filed to J. H. Hardenburgh and Commercial Trust
Co. of Jersey City, as trustees, covering property on Forrest
St., Brooklyn, N. Y,, to secure $250,000 bonds.
The company was Incorporated In August last with $500,000 of
authorized capital stock. Incorporators: Henry Clans, Hl Mid wood
St., Flatbueh, N. Y.; H. W Moeller, 107 W. 123d St., NY. City; Henry
F. Freyler, Emmons and Ocean aves., Brooklyn. N. Y John A. AUers,
;
Tompkinsvllle, N. Y. City.
Colombia Iron Worka, St. Clair, Mich.— 0#er to Pay
Twenty Cents on Dollar. This company, whoso liabilities
aggregate $460,380, has made a proposition to settle wi'h its
creditors at 20 cents on the dollar, and a majority have ac-
—
cepted the olfer. The tangible assets aggregate $220,920,
subject to liens of $84,136. The De:;roit Trust Co. is trustee
for the bankrupt concern. The plant has n^t been operated
some months past.
Colamba8(0a.) Wnter Works Co.— Report of Master.—
See page 2168 of Btate and City Department.— V. 79, p. 105.
Consolidated Gas Co., New York.-Bonds Assumed.-See
Westchester Lighting Co. below.— V. 79, p. 2088.
Continental ('an Co.— Neio Enterprise.— Thla company
WHS incorporated in New Jersey on Oct. 29 with $600,000 of
authorized capital stock, to build or purchase tin-can manufor
INDUSTBIIL, GAS AND MISCELLANEOUS.
American Can Co.— See Continental Can Co. below.— V.
73, p. 1551.
American Mall Steamship Co.— Extemion of Part of the
Principal o/^/<tmds.—Tnl8 company issued in 1898 $1,100,000
flret mortgaRC sinking fund gold 63, each bearing ten annual
coupons of |100 each, representing the principal of the bonds.
Five of these conpons, rppresenting 50 p. c. of th« principtil,
were paid from Nov., 1899, to Nov., 1903, leaving |550,flC0 out
Btanding. The company is now extending the time for payment of part of the principal coupons, as follows;
facturing plants.
Incorporators:
T. G. Oranwell. formerly Vlce-PreRldent of the American Can Co.; J.
C. Tallarerro. one time in»nager of that company's Baltimore plant;
F. P. Afniiian, whose faiber, F. P. Aseman, was one time President of
the American Co.; B. H, Laaher, and A. W. Norton.
:
THE CHRONICLE.
2150
Eastern SteamBblp Co.— Earnings.— The results for the
1 compare as below:
nine months enrting Oct.
Oro$s
9
wo«—
Net
Fixed
Ditidend,
Balance,
Earnings.
Earnings.
0/iarges.
S)%Oct.l.
$t)0,000
Swplvt.
$%4,UUi)
$182,034
158.199
302,189
64,000
90,000
On Oot. 1, 1904, nofcpa p>iyable for new steamers, |320,000,
against, it is said, 1940,000 on Jnne 1, 1904
bonds in treasnry, |6'58,000, against |B08,000.— V. 79, p. 629, 503.
1904
1903
$'<2ri.<.34
fl,i9'<,l^2
1,3'
0,932
;
Electric Smelting St Alaminnm Co.— See Pittsbargh Be
ductionCo. below.
Federal Mining & Smelting Co.— Listed.— The New York
Stock Exchange has listed $10,000,000 7 p c. cnmnlative preferred stock and #5,000,000 common stock.
EarninuB.— For the year ending Ang. 31, 1904:
Total sbtpmentB
$4,908,926 Deduct for reserves
OrosB profit on oreBold.$l ,690.625 DlTldends paid
Total net Income
$1,492,083 SarplQB for year
Compare also V. 79, p. 2089.
$l 06.358
629,309
$756,416
General Asphalt Co.— Position of Beceiver for Ccncesstons
of New York & Bermudez Co.— The "New York Tribune"
of Sept, 6 contained a long letter from W. W. Niles of this
city, the American attorney of Ambrose H. Garner, who was
recently appointed by the Federal Court of Venezuela as re-
&
Bermudez Co.
ceiver of the concessions of the New York
(a subsidiary of the General Asphalt Co.), pending the proceedings of the Veneznelan Government to annul the same,
Mr. Niles states that Mr. Carner is an American citizen,
and that the proposed forfeiture of the conoeseions is
based on the failure of the company to dredge certain rivers
of Bermudez, as stipulated, "the policy of the trust to use
Trinidad asphalt at the expense of Bermudez" asphalt, pursuing a dog in-the-manger policy as to the latter, and the
part taken by the company in the Matos rebellion as proven,
he says, by the item $400,000 for "warfare" in the report for
1902.
The Venezuela court before which this case will be
psmphlet dated Philatried was to convene on Sept. 15.
delphia Sept. 22 and purporting to come from stockholders of
the General Apphalt Co. demanded an investigation of the
course pursued by the management, particularly in the Venezuela matter, and reproduces Mr. Niles letter and other
declarations in support of the contentions raised, V. 79, p.
A
—
736, 682.
Great American Marble Co.— Reduction of Capital Stock.
to reduce the
share capital from $70,000,000 ($63,COO,000 reported as issued)
to $5,000,000 by oallicg in and oanceliog all outstanding
stock and issuing new stock in lieu thereof pro rata on the
new basis, the par value of shares remaining one dollar.
Steps were also taken to make a bond issue of $500,COO. The
—At Seattle on Oct. 18 the shareholders voted
directors (and officers) are said to be as follows
President, F. O. Harper; Assistant President, John MeLean; Vlce>
Presidents, G. W. Dloklnson, Q M. Stewart, I. A Nadean and J. W.
Ollse; Beoretary, Alien Weir; John Sohram, H. R. Cilfe. Frank
Atwoon, J. A. Moore, W. H. Gardiner. William Dappe, F. W. Harper,
O. D. Hamphrey, E. E. Oalne and Frank W. Rtlf.
:
R
The temporary injunction obtained by
L, Fox to restrain the stockholders from holding meetings was dissolved
by Judge Bell in the Superior Court at Seattle on Oct. 14.
Fox brought suit to recover 200 acres of marble lands in
Alaska alleged to be worth $1,000,000. Former President
Robertj Ball said in August last
The company has 3,670 aores of marble land on Fox, now known as
Marble, Island, Alaska, near Prince of Wales Island. It Is now working a foroe of men tnerw on development. The company was Incorporated (unler the laws of Washington) for the large amount because
It has the values In the marble, pronounced to be the equal of anything
In the world.
Greater New York Home Oil Co.— SoZi.—The property of
company, which was incorporated under the laws of
New Jersey with $2,000,000 capital stock to own property at
Beaumont, Texas, and elsewhere, was sold at receiver's sale
on Oct. 8 to Henry Dyers and William Popplebangh of
Brooklyn for |200.
Greea River (Ky.) Asphalt Co.— Foreclo.sure.— The St.
Louis Trust Co., as tru-tee, has brought suit at Biwling
Green, Ky., to foreclose the first mortgage for $350,000 (all
outstanding), interest upon which is in default.
The company is said to have the rights on the asphalt, mineral and
this
2.000 aores of l»nd in Warren County, Ky. At auction
In this city recently $123,000 first 6b of 1923, with the coupon of
May, 1904, attached, sold at L p. c.
oil ontpur, of
Uackensack Meadows Co.— Lien Filed.— The Federal Conon the meadows during
August a total of 382,298 cubic
which was to be paid for at the rate of
tracting Co., having
May, June,
deposited
July and
feet of refuse, etc.,
15 cents per cuMc yard, recently filed a lien against the
property for $57,345, which, under the agreement between
the companies, acts as a mortgage,— V, 77, p. 2392,
Honaton (Tex.) Oil Co.— iVeuj Directora.—The following
board of directors has been elected on motion of the stock
holders' committee, of which Luther Kountze is chairman,
and by the Bache committee (V 78, p. 1113, 1500):
8. W. Fordyce, St. Lnuls; Jules 8. Bache. New York; William H.
HolllBter, New York; Edwards Whltaker, Sr. Lonl»; John I. W'.ter
bury, N«^w York; N. W. Jordan, Boston; Gordon Abbott. Boston; PatrlcK Calhoun, New York, and Charles G. Saunders, Boston.
The last two alone hold over (V. 77, p. 2100).— V. 79, p.
272, 215.
Hndgon River Realty Co.— New Stock.-The company
cently filed a certificate of increase of capital stock
15,000.000 to 18,000,000; par value of shares, $100.
re-
from
Vol. Lxxix.
The company wkb Incorporated under the lawi of New Jernev In October, 1902, to coDRoll'iaTx and develop the ho'dlngs of tb»i HadBon
Rtver Land Co.. ih« Coliiiubla Heights Land Co. and E.
Hyan ot
Nf York, oomi>rl«lng. It was Kald, 12,o00 lots on the Palisades in
N«*w jKrsHy, npi.0Hlt« i2ftth Ht.,N Y. Oltv. Director-: B
Kyatof
N»iw York, Pret-i'ient; Pre<terlck B -^cott of Syrttonse. Vice Pren lent;
Frederick C. Eddy, 8eor«>tary and TreaKurer; OeoruH W. DrUcoU, General Counsel; E. £. Blocnm of New Jersey. New Yoik office, 7
H
H
w
EMt
42d
St.
Ixdependent Telephone Securities Co., Utica, N. Y.—
Iding Company.— This coojpany was recently Incorporated
H
at Aib>iny with $800,000 (par value of shares floO) of anthorizpd capital stock, to take over securitips amouotint? to $428,000, representing the control of the Utica Home T«lephone
Co. (V. 78, p. 709 ), the County Telephone Co. of H rkimer
and the Otsego Borne Telephone Co, Directors— T,
Ferris
and Charles
Poole of Utica and George R. Fuller of
Rochester. Mr. Ferris Is quoted as saying :
Parties holding the control of the Rome Home Telephone Co. and the
Little Falls Te'epbone Co. are In full f-ymp-ithy with this movement,
and WH expect to arrange a plan whereby they will be It eluded. This
company Is ready to take ovtr the coctroUing Interect of any Indepenrient telephone company In New York State or to famish the mosey
to build an Independent plant any were In the S<ate.
H
H
—
Internatiooal Power Co.— Another Preferred Diviiend.
Dividends on the $600,000 6 p. c. (cumulatlvH) preferred
stock, which were resumed recently b? declaration of a semiannual distribution of 3 p. c, payable Qjt. 15. and by a
further payment of 3 p. c. ou Dae. 1, are continued by declaration ot an additional 3 p. c, payable J*u. 16 to shareholders of recrrd on Nov. 9. This, it is understood, will reduce the accumulated dividends to about 7)^ p. c. President
Joseph H, Hoadley is quoted as siying
We have declared these dividends of $9 (9 p. c.) beoanne earnings and
surplus warrant them Surplus is 8om>-thlDg like $3 000,0<^0. We
:
haven't a debt In the world, and we might Just as well h-»ve declared
dividends of 2& p. c. as of 9. We have only negnn Dividend payments
with these declarations. The company Is In splendid shape.
There
is
|6,400 000 of
onmmon
stock outstanding.
Joseph
Leiter. it appears, recently disposed of his holdings.
Purchase.— The company, it is stated, has purchased the
works of the Consolidated Condenser Co. of Chicago, and the
manufacturing contract for these condensers for the United
States, Canada and all foreign countries.- V. 79, p. 1644, 1484
Knoxville (Tenn.) Water Co.— Contracts let for Municipal'
—The company's suit to prevent the city irom issuing bonds
for the erection of a municipal plant was dismiss-d on October 8 (V. 79, p. 1659), and contracts have since been awarded
for the construction of the
works
for $608,175.— V 79, p. 737.
&
Navigation Co.— /Veto Stock— Option.—
Shareholders of record on Nov. 9 are off-'red the righr. to subLebigrta
Coal
scribe at par ($50 a share) for $1,577,200 new stock to the
amount of 10 p. c of their respective holdings. Subscriptions must be made (on the company's warrants) and paid
for in full between Nov. 21 and Dec. 3, on which latter date
the privilege will cease. The certificates for the new stock,
carrying all dividends thereafter declared, will be issued on
and after Dec. 10. The proceeds will provide the necessary
funds to pay olf the temporary loan con'racted for the purchase at par of the capital stock [$1,418,600] of the Nesquehonlng Valley RR. Co. (V. 79, p, 107) and for other corporate
purposes,
Dividend.—The directors on Monday declared a regular
semi-annual dividend of S^ p. c, payable Nov. 28 on stock
of record Nov. 9. This makes 7 p. c. paid this calendar year,
as against 6 p. c. paid in 1903, 5 p. c. in 1902, 6 in 1901, 614 i°
1900 and 4 yearly from 1895-99.
Referring to the stock option, President R' ley says: "The
stockholders receive a privilege which at the current selling
price of the stock is equal to an extra dividend of over 7 p. c.
on the par value. This, with a dividend of 7 p. c. paid during the year, gives the stockholders the gratifying return of
14 p. c. on their stock. While the earnings for the current
year might justify an increase in the regular rate to an 8 p. c.
basis, the management decided against any increase at this
time, as a considerable charge will have to be made against
this year's earnings to cover repairs to their canal system
caused by the extraordinary floods of October, 1903, and
March, 1904.— V.
79, p. 906, 215.
Copper & Suielting Co.— Reorganiz<itton Plan,
— Tub depositing shareholders, at a meeting in Hartford on
Oct. 12, adopted the plan proposed several months ago to reorganize the company as the Majestic Copper Co., incorporated under the laws of Maine, wiih new securi ie?:
Common stock in shares of $10 eaoh
$4, '250, ODD
JIlHJestic
Of which in exchange for the $6,000,000 stock <'f the
old company onbaBls of $10 of new for$2Uof old.
3,000,000
As bonus with proposed present Issue of $5uO,000
300,000
new bonds
750,000
(o) To remain in treasury
stook, 6 p. o. cumulative, in $10 shares
Preferred
$250,000
200,000
(ai Of wh oh as bonus with $500,000 new bonds
50,000
(b) To remain in treasury
Ist mortgage 7 p. 0. 10-year gold bonds, dated Oot. 1,
1904. and due Oot. i, 1914, but subject to call at company's option at any Interest aav at par, denominations. $so. $100, $'00 and $1,000, autborlzHd issue. $1,000,000
xSOu,000
(a) Of which to be reserved for f atnre reqilrements
(b) To be IssUHd at par to members ot the defense fund
(aj
(b)
settlement of substantially the entire outstanding indebtedness
shareholders at par with a bonus of 60
p 0. commin and 40 p. o. preferred stock to provide for payment of remainoer of floating debt to
supply working capital and funds for ImproveIn
800,000
(o) Oflfered to
ments
X About 80 p.
200,000
0.,
or $400,000, of these bonds,
thus far been sold.— Ed.
we
are informed, havs
—
Nov.
THE CHRONICLE
13, 1904.]
The old company went
into receiver's
Ite exp<^Dditar«8 lor acquisitions,
etc.,
hands iu April, 19' i4from Aug., IW*-, to
Sept., 1904, aggregated |54S,431; floating debt about ^300 OCO.
The mines are at Milford, Beaver Co,, Utah. Reorgauization
Committee:
Wm. B. Muoklow George W. Wilson. Chaa A Plddook and George
F. KeUugg of Hartford, aud Jerome C. Smith of Boston.
JNatioiiial Lead €o.— Competition,— See United Lead Co.
below.- V. 79, p. 216.
Now England Brick Co.— Reorganization Plan.—The bondholders' committee announces (1) That on December 1 the
final instalment on the purchase price must be paid and the
(2) all
property bid in at foreclosure sale be taken over
efforts to arrange a plan met^ting the views of the unsecured
creditors have failed (3) the figures so far obtained indicate
that the business has been conducted during the receivership
at no loes and at probably a moderate profit, and (4) whether
:
;
;
;
the properties are ultimately to be disposed of or are to be
operated by the bondholders, it is necessary to organize a
new company.
The depi eitiDg bondholders will therefore vote November
14 on the following plan, which is based on (a) assets estimated at $1,277,099; (6) obligations and expenses $143,811; (c)
bonds, after deductiog $15,000 not deposited, $733,000
Organize two npw companies ander the laws of Maine, viz
1. New EDgiandBrlok Yards Co. to own all the plants of the present
oompany and the $300,000 capital etook of (2) the New Englan Briok
Co., which will be the operating company, owning all the movable
property acquired at th« foreolonure sale and leasing the properties of
the Briok Yards Company at a rental Butfioieot to cover ail the latter's
ezpenaea, Incladlng taxes. Interest on Ita bonds, insurance, etc.
:
:
i
The New England Brick Yards Co. will issue $875,000
stock in $100 shares and $75n,(i00 of first mortgige 5 p. c, 20
year gold bonds. Substantially all of the stock and bonds
win be divided among the holders of the 6 p. c. bonds on the
basis of $1,000 in new bonds and $500 in new stock for each
f 1000 of 6 p. c. bonds deposited.— V. 79, p. 155,
New Haven Water
—
Co. fiond», —Prtss despatches state
that stockholders of record Dec. 1 will be permitted to subscribe pro rata for i500,<Hi0 of 4 p. c. bonds, to be issued on
or about July 1, 1905, and to be convertible into sto.-k July 1,
1916. The proceeds will be used to pay floatinar debt incurred for additions and improvements.— V. 78, p. 587.
New Y«rk & (jaeens G&9 Co.— Underlying Mortgage.— In
one respect the hucnotitaiive statement published last week
needs modification. While practically a first lien, the new
bond iesuft is technically subject to an old first mortgage of
Electric Co., under which
the New York & Queens Ghs
there are still outstanding $78,000 bonds. An officer of the
New York & Qaeens Gas Co. writes: "Payment of these
latter bonds is guaranteed as to principal and interest by the
Ntw York & Qi-e's E ectrio Light
Power Co., and,
except as a matter of record, the old mortgage is not a lien
against the properties of this company."— V. 79, p, 2089, 631.
&
&
New York & Westchester Lighting Co.— Bonds Assumed
by Consolidated Oas Co. See Wtstcbester Lighting Co.
—
telow.— V. 79, p. 1957.
North Americtou Copper Co., Enctiupment, Wjo.— 5a2e
Dec. i5.—Dr fault having been made in interest payments, the
International Trust Cj. of Denver, trustee of the mortgage,
gives notice that on D^^c. 15 it will sell the collateral, which
includes stock in the following companies:
Encampment Water-Works Co.. EnoampmentSmeltlngOo., Encampment Tramway Co., Htiggerty Copper Mining Co, Nor h American
Mercantile Co Encampment Pipe Line Ditch Co., Carbondale Coal
Co. and Emerson Electric Light Co.
The company was incorporated in New Jersey on July 31,
1902, with 120,000,000 of authorized capital stock.
North Coast Water Co., Calitornia.— £ond«. The company has made an iseue of $300,000 bonds for the purchase of
the property of the Mill Valley Water Co., etc.
The company was incorporated in Oallfornlalast June with $600,000
of capital ftock, in shares of $50 each, to supply water In the southern part of San Rifael Countv.Cal. Directors inolade W. A Magee
and Juhn C. Newlands of San Francisco, and others
Northwestern Ohio Natural Gas Co., Toledo, 0.— Reduction of Stock.— Th\s company, controlled by the Standard
1 Co., proposes a reduction of capital stock
from $3,830,800 to 12,775,250, by reducing the par value of shares
from surplus from $60 to $50. The reduction of the stock
from $5,550,500 to $3,330,8(i0 (par of shares from $100 to $60)
was made some years ago "to place the capitalization of the
company on a basis of intrinsic value of its plant," the plan
pattiPK the cnmoany "on a 8-per-cent-earning basis." President Daniel O'Day says:
,
—
Itlsestlmatertthatby Jan. 1, 1905. there will be suftlolent funds in
the treasury to pay $10 per share. It Is deemed advisable that this
fund be used In th« rertncMion of the capital stock. We recommend the
reduction of the capital stock from $3.3 lO.HOO to .1(8,776, 2ft0, making
the face Talue of each share $50, Innead of $60; and also upon such
reduction being made the payment out of the reserve fund of $10 per
share.
2151
gold bonds, Imterest payable quarterly Deo. 1, etc., at offloe of The
American
& Savings Bank, trustee, Chicago, 111. A 1 bonds are
or ihe denomln->tlon of $L, 000, subject to call at any interest dar^e at
105 and accrued interest Rf-sirved bonds can be Issued only for extensl ms ai d betterments to the property. Sinking lund, $15,000 per
annum, beginning at the end of the third year. Mortgage covers the
entire property, which comprises a modern electric and gas plant.
Tmt
The
and ou standing consists of $300,accumulative preferred stock and $700,000 common stock; par of shares $100 each. Central Trust Co. of
Illinois, Chicago, Registrar and Transfer Agent; Engineers
and Managers, H. M. Byllesby & Co,, Chicago. Officers, see
V. 79, p. 1957,
Ono 5
capital stock issued
p. c.
Paciflo Mail Steamship Co.— Offer for Minority Stock,—
advertises as f )llowe:
The capital stock of this company outstanding is 200,000 shares;
100,050 shares are owned by the Southern Paciflo-Unlon Pacific railr'ads. They ooso them $100 per share. The present market price of
the sock Is $42. As the largest stockholder next to the Siuthern
Paciflo Union PaciHo, I will pay $70 per share for substantially (93,000 shares or over) all the outstanding mint'ilty stock, provided I can
purchase same on or before Nov. 21,1904. [The price paid by the
Sonthern Pacific was currently reported at the time as about ."SO. The
report for 19(0-01, page 29, shows thax the $10,010,000 Paciflo
Mail stock, together with $i,6tO 000 Wells-KarKO Express stock and
Thomas W. Lawson
various other securities, principally bonds, bringing the total face
value up to $17,627,000, cost $11,198,517.— Ed ] —V. 79, p. 498.
Pacific States Bell Telephone & Telegraph Co.— New
Sioc/c— Option.— Stockholders of record O^f. 31 are .offered
the right to subscribe for $1,000,000 new capital stock at par
($100 per share) to the extent of one share for each 18 shares
held. The new stock will be ipsued and must be paid for
Dec. 1, 1904, and subscriptions mu=t be received at the office
of the company on or before Nov, 19. The proceeds will be
used for general betterments throughout the Pacific coast.
V.
79, p. 790, 631.
Fittsbargh (Pa.) Brewing Co.— -Report.— The reports for
the fiscal year ending Oct. 29 compare as follows:
Fiscal
Tear—
1903-04
1902-08
Gross
Earnings.
Bond
Taxes and
Earninos.
Interest.
Deprec'n.
$6,490,106
7,ia2,l63
$1,604,682
a,4ja.703
$37».140
379,140
$8!i0,0li0
Net
50C,000
Div. on
Stn k.
$^25,112
7a5.113
Surpltis
for year.
$180,880
824,460
Dividends include: Common (5 p. c), $298,109; preferred
Sales in year 19ii3-'04 aggregated 801,161
(7 p. c), $437,003.
barrels, a decrease of 239,631 compared with 1902 '03.— V. 77,
p. 2157.
Pittsburgh Redaction Co., Pitt sbnrgb. Fa.— New StockStock Diviaend. The shareholders voted on Oct, 20 to increase the capital stock from $1,600,000 (of which $600,000
was 6 p. c. preferred) to $3,800,000. The company subsequently declared a stock diviilend of 1<^0 p. c, payable Nov. 3,
on the $1,000,000 common stock and offered to all shareholders
the right to subscribe at par ($100 per share) for $1,000,000 of
This will leave $200,000 stock in the
the new stock.
treasury. The company has been paying dividends at the
rate of 12 p. c, per annum in cash for several years and before that 10 p. c.
The company la incorporated under the laws of Pennsylvania and
besran buwlness in lS-'9. It is eald to be practically the sole producer
of aluminum in the United States and Us output is estimated by the
Government authorities as 7,500,000 lbs. in 1903. as compared with
7,300,000 lbs. in 1902 and 7.150.000 lbs. in 1901. These flgnres, however, are not based on olhcial data, the company declining to state
even approximately its output. The company's plants employ in the
aegregate about 17,200 electric and hydraulic horse power and are
looHted as toUows: Niagara Fulls two plants, with aegretrate horsepower 10,500, one receiving power from the Niagara Falls Power Co.,
above the Falls, and the lower one on the eiige of the gorge, using
power supplied by the Hydraulic Power & Manufacturing Company;
also a plant at Shawlnigaa Falls. Canada, receiving ."5,500 hydraulic
horse-power from the shawlniean Water <fa Power Co.; a new plant at
Massen 1 Springs. New York, which was put in operation In September, 1903, receiving 1,200 horse-power from the St. Lawrence Water
Power O )., with provision for extension to 12,000 horsepower; also
—
New Kensington, Pa.
The "Iron Age" of Oct. 27,
plant at
1904, in an article says
In October, 1903, the company was held to have infringed the Bradley patents of the Electric Smelting <& Aluminum Co., the sum Involved being abont $^,000,000. A friendly agreement was thereupon
entered into providing that the Plitsburgh Redaction Co. should pay
to the aforesaid company a given sum for the quantity of aluminum
iheretofore made and should pay a royalty on all al'<minnm manufactured under license of the Bradley patents until their expiration In
February, 1909. The operation of the Electric SmeliluK & Aluminum
Co. was at the same time restricted to the manufacture of aluminum
alloys, although it may handle and sell aluminum In all forms at the
works of the company at Lockport, N. Y. The Smelting Company
alfo agreed not to appeal the case of the Pittsburgh Reduction Co. vs.
the Cowles Electric Smelling & Aluminum Co., wherein the latter was
et Joined by the United States Circuit court from manufacturing
aluminum metal.
The Electric Smelting
& Aluminum
:
Co. apparently
now
controls the
electric smeltlntf Industry in the Unltt-d States as. in addition to the
electric smelting of alnmiunm, the following companies are more or
les>? subsidiary to it:
The Cowles Smelting Co., Union Carbide Co.,
British Aluminum Co., Electric Oas Co., Acetylene Illuminating Co.,
Wilson Aluminum Co. and Acetylene Co.
B. Mellon of Pittsburgh is President of Pittsburgh Re-
R
Co.— V. 77, p. 2102.
Potomdo Electric Power Co. of Washlogton, D.
Bonds.— Everez & Co., Chicago, recently cflered at
duction
C—
101
company's first mortgage 5 per
cent gold bonds. These bonds are dated Jure 1. 1904, and
are due June 1, 1929, but are redeemable at 110 and interest
79, p. 2089.
Oklahoma [t'ltj] Gas & Electric Co.— New /?ond«.— This on any interest date upon three months' notice. The authorThese
present is^ue, $1,500,000.
company, which conduits a gas and electric li^^^ht and pow. r ized Ispue is $4,000,000
businePH and also supplies lower to the street railway in Okla- bonds are a first mortgage upon the entire property, subject
homa City, recently changed hands and made a new mort- only toi3J0,000 clehentnre bonds and $850,000 certificates of
indebtedneps of the United States Electric Lighting Co. The
gage, viz.:
Co. is the only company supplying
mortgage bonds, authorized $1,000,000, outstanding $853,- Potomac Electric Power
«ii®"-'"''^
OOO. of » bJoh $ .ni.<"
r» xet aMde to retire $295,000 of unrterl ving the District of Columbia and suburbs with electric current
nortgage. Bond* dkted Sept. 1, 1904, maturing Sept. 1, 1922; 6 p. o. for light and power. The earnings are reported
follows
Ohio & Indiana Gas Co.— Funding Coupons.—See Ohio &
IndiaoH (^oLsolldatea Natural & Illumintung Gas Co. in V.
and
interest $100,000 of this
;
<•
.
m
:
—
:
—
THE
2152
Net
Oper. expemes.
Qro$i
earnings.
and
tuxes.
$ii3l,(>5ti
$485,oou
Year endlnK Deo. 31, 1901
558,62.'>
Year endlDB Deo. 31, 1902
644,752
Year ending Deo. 31, 1903
5iU0Dth8endln(i;May31. 1904.. 311,818
With the $1,500,000 of bonds lesaed,
earnings.
$253,413
263,540
295.085
291.666
353,196
151.420
159,898
the total Intereet
chnrgeB will be but $114,000. The new bonds have been
listed on the Washington (D. C.) Stock Exchange. Compare
V. 79, p. 158.
Provident Loan Societj of New Yor^.— Listed.— The New
York Stock Exchange has listed the outstanding $1,000,000
4^ p. c. gold bonds, dated 1891, due Sept. 1, 19i;l, but subject to call on or after Sept. 1, 1906, at option of the society
at 102*^ and interest on three montbs' notice; denomination,
|1,000 and $500. The society agrees not to execute any mort
gage on real estate owned by it without securing thereby
this and subsequent bond issues. In accordance with the
articles of incorporation and the present subscription of
$1,000,000 in "certificates of contribution," the total amount
of bonds that may be issued is limited to $4,000,000. The
authorized amount of the present issue is limited to $3,000,000.
The following shows the company's strong financial position and the representative men constituting the trustees:
INCOME ACCOUNT, JAN. 1, 1904, TO JUNE 80, 1904, INCLUSIVE.
IntereBt earned on loans, $165,867; deduct Interest on lands employed, $69,4!S6; general expennes, $6,567; Insnranoe—fidelity, burglar and fire, $5,616; rents, $6.3'42; salaries, $21,142; loss on anotlon
sales of unredeemed loans, etc., $8,181; total dednctlons, $117,304;
surplus for 6 months, $48,563; seml-annnal dividend, 3 p. c, on certifloatesof oontrlbatlon, $30,000; balance, $18,563.
BALANCE SHEET JUNE 30, 1904.
Assets: Cash, $102,476; loans on pledge of diamonds, gold and silver Jewelry, silverware, clothing, furs, etc., $2,843,904; Interest
earned but not collected, $154,058; total, $3,100,437. Liabilities:
gold bonds, $852,000 (since increased to $l,000,00o); tempo4*9 p.
rary loans, $915,000; certificates of contribution, $1,000,000; interest
accrued, $28,017; unclaimed surplus due pledgers, arising from auction sales, $23,23^; proflt and loss surplus, $282,18?'; total, $3,100,437. The capital, $1,000,000, is represented by eertifloates of contribution, of cot less than $500, Issued ar par and accrued interest for
cash, on which semi-annnal intereet at 6 p. o. per annum has been
paid since organization. May 21, 1894.
NUMBBE AND AMOUNT OF OUTSTANDING LOANS.
— Dec.
^Dec. 31,
18.'4.-,
Loans.
ATnt.
Loans.
9111,981
36,56»
S,0i)9
.
31, 1903.-,
Amt.
|8S9,015
—
,
Dec. 31, 1903. ->
^June
80,
1904.-,
Loans.
Amt.
Loans.
A'mt.
71,234
$2,116,218
89,^76
$2,8:13,903
TKUSTEES.
Robert W. de Forest, President; Otto T. Bannard, Secretary; James
Speyer. Treasurer. Geo. F. Baker, C. F. Oox, John D. Crimmlns, David H. Greer, John 8. Kennedy. V. Everit Macy, D O. Mills. Percy A.
Roclrefeller. Mortimer L. Sohlff, John Sloane, J. Kennedy Tod, Cornelins Vanderbilt.
Executive office— United Oharities Building. 105 East 22d St. Loan
Fourth Av., 186 Eldridge St., 119 West 42d St., 105 East
185th 8t.-V. 78, p. 1278.
offices- 279
Rockford (111.) Home Telephone Co.—Refunding,— Begardicg the report that the company contemplates an issue
of 5 p. c. bonds for refunding and extensions, President E
W. Brown writes "We have not definitely decided to refund
all bonds of the company." The existing $181,000 6 per cents
are dated Jan. 4, 1903, and are due in 20 years, but are subject to call after five years at 105; Royal Trust Co., Chicago,
Capital stock authorized, $300,000, in $100 shares.
2,000 telephones, which it proposes
to increase to 4,000.
Standard Oil Co.— See Northwestern Ohio Natural Gas
Co. above. -V. 79, p. 156.
Sabarban Water Co., AUegrheay Co., Pa.— Called Bonds.
All the outstanding bonds have been called for payment
on May 1, 1905, at the Fidelity Title Trust Co., Pittsburgh.
John M. Given is President.
trustee.
The company has about
—
&
—
Foreclosure,
The
Texas Land & Immigration Co.
American Loan & Trust Co. of Boston, as mortgage trustee,
has brought suit in the District Court of Brazoria County,
Texas, against Horatio G. Curtis, Charles A, Vialle, Henry
Endieott, W. H. Coolidge and Edward A. Clark, all of Bos
ton, and E. M. House, of Austin, Tex,, as trustees of the
property of the Texas Land & Immigration Co., for forecloeure of a mortgage made April 1, 1895, to secure $1,000,000
of 6 p. c. bonds, due April 1, 1901, this mortgage covering
some 29 tracts of land located in Brazoria County, Texas, and
aggregating, it is said, about 33,000 acres. There is now due
and unpaid on these bonds for principal and interest the sum
of $1,339,400. Since the making of the mortgage the company's charter has expired and the property has been placed
in the hands of the directors as trustees for the stockholders
and creditors. The company was part of the project for
establishing deep-water terminals at Velasco, at the mouth of
the Brazos River. W. M. D. Lee of Houston and G. W.
Angle, then of San Antonio, now of New York, were at the
head of the enterprise. A special dispatch to the "Galveston
News" says
The oonstrnctlon of two jetties or mattresses of brash weighted
down by heavy stones until the whole should become concreted was
the plan, and worked well toward the aohlevempnt of the end. They
could not, however, be perpetually, so to speak, maintained by private
capital and snfi^ered much damage by more than one big storm. The
water's depth, under the sconrlng process of the dam. became 18 feet
or a little more, and the plan was shown to be a good one, and will
likely be carried throagh by the Government in due time.
Compare Brazos River Channel & Dock Co. above.
Trinity Copper Co.— Additional Stock Listed in Boston.
The Boston Stock Exchange has listed $2,010,000 additional
stock, making the total listed $6,000,000; par of shares $35,
See V. 72, p, 679.
'
—
Tunis Lumber Co.— Sale Consummated.— The interests of
company in Western North Carolin,a and Southwestern
this
[Vol. Lxxix,
cnRONiCLP:.
&
Virginia including the Mount Airy
Eastern Ry, 22 miles in
length (V, 72, p. 936), and about 10,0(JO acres of hardwood
timber lands, have been sold by receiver Walter H, Tunis
under authority of the court, to the Wiley, Hnrker
Camp
Co., a Delaware corporation having offices in New York,
&
United Electric Ligtit & Power Co., Baltimore.— iV^tv
To meet its requirements for additional facilities for
all tlq;ie to come, the company has purchased 33 acres of land
in South Baltimore, with about 1,000 feet of water front. Oa
Plant.
—
this tract it will provide for a plant of 12,000 kilowatts, the
equivalent of 16,000 horse-power; 10,000 kilowa'ts, or about
13,000 horse-power, to be installed at once.
S. Davies Warfield, Chairman of the Executive Committee, says:
The new McOlellan St. receiving station Is now In effective operation, together with a complete system of underground conductors,
comprising the entire subway district. This station, together with the
Monument 8t aod Penn St, steam-driven stations, will be connected
by underground cables with the new water-front station. Pending
the completion of the new station the company has made arrangements for an abandant supply of eleotrlo current for all its needt.
The new s atlon will be one of the best equipped condeni-ing stations
in the country, and the site selected cannot be excelled. V. 79, p. 1334.
Compare Baltimore
V.
Electric
Power Co.
in V. 79, p. 2088.—
79, p. 1334.
United Lead Co., NewTork.—iVetcP/anta.— The long-pending negotiations for merger with the National Lead Co. having been defiaitely declared off, the United Lead Co., which
already controls four white-lead plants, announces its intention to build two additional white-lead plants. These will be
located at Perth Amboy, N. J and Granite City, III,, and
will have a daily capacity of 100 tons and 200 tons, respectively.
The company also expects to erect a castor-oil mill
at Granite City. The funds required, about $1,250,000, have
been underwritten by a syndicate. (For capitalization, etc.,
see page 1903 of Railway and Industrial Section.)
Purchase Connummated. The Philadelphia " Ledger " on
,
—
Sept. 3 said
:
The final transfer of the plant, business and trade-marks of Tatham
& Bros to the United Lead Oo. has been efleoted. The purchase price,
$1,000,000, has neen paid one half In cat h and the balance in bonds
of the United Lead Co, This transaction was virtuaUy closed a year
ago, when the physical transfer of the property was m«de. Tatham
& Oo. reserved the right to withdraw at the expiration of one year.
The year limit expired Sept. 1, when the sale became abpolme. The
firm was organtz>'.d in this city in 1843, and made a specialty of shot
and manufactnred lead-pipe and sheet lead. Ail of the members are
now salaried officials of the United Lead Co.
Netti Offlcers.— John A. Stevens, heretofore Vice-President
of the National Lead Co. and Manager of its sales department, was recently elected Vice-President of the United Lead
Co. The United Company has also secured the services of
Evans McCarthy, General Superintendent of manufactures
of the Atlantic branch of the National Lead Co.— V. 79, p.
217.
Utica, N. T., Home Telephone Co.— Co ufro/.— See Independent Telephone Securities Co. above.— V. 76, p. 709.
Westchester Lighting Co. Portion of General Mortgage
Bonds Made titra^ght J^ Per Cents.— J. & W. Seligman & Co.
and Redmond & (So. have sold at from 93 to 93 and interest
the whole of their large block of New York and Westchester general
last
mortgage bonds.
As shown
Chronicle
in the
week, the entire issue of general?, $10,000,000, was
to
bear interest from Jan. 1, 1905, at the rate of }^ p. c. per
annum, gradually increasing up to 4 p. c. in 1914 and thereBefore selling their bonds, aggregating, it is underafter.
stood, 'about $2,500,000, the bankers named arranged with
the Equitable Trust Co. to have attached thereto additional
coupon sheets of the Equitable Trust Co., making this one
block of bonds a straight 4 p. c. issue from Jan. 1, 1905.
The remainder of the loan will draw interest as shown in V.
79, p. 1957.
—
Bonds Assumed by Consolidated Oas Co. The payment of
principal and interest of all the $10,000,000 of general mortgage bonds has been assumed by the Consolidated Gas Co, by
endorsement on each bond, as follows:
For value received, the Consolidated Gas Co, of New York hereby
assumes and agrees to pay the principal and interest of the within
bond, as the same shall respectively become payable, without any deduc Ion therefrom tor any tax or taxes which the New York & Westchester Lighting Co. or the Consolidated Gas Co, of New York may be
required to pay. deduct or retain therefrom, under any present or future law of the United States of America or of any State, county
or municipality therein. In witness whereof, the Consolidated Oas
Co. of New York has hereunto caused Its corporate name to be signed
and its corporate seal to be affixed thereto by an officer thereunto duly
authorized this twelfth day of Jaly. 1904.
The Consolidated Oas Co. of New York,
By
The endorsement upon the
,
Secretary.
$2,500,000 debenture bonds
is
be in precisely the same form.
New President- Vice-President F. A. Stratton, of Mt. Vernon, has been e>lected President.— V. 79, p. 1957, 1730.
understood
to
—
Attention Is called to the card of the Metropolitan Investment Co., Charleston, S. C, Major Geo. B, Elwards, the
President of the company, is favorably known in Charleston,
and refers to the Bank of America in New York, Toe Metropolitan Investment Co. offers its services to those desiring to
purchase or to dispose of properties in the South.
William Vincent Baker, late of the Chicago banking and
brokerage firm of Edwin L. Lobdell & Co., and formerly
with Edward L Brewster & Co., has become associated witn
the new hoU(=e of Chapman, De Golyer & Co., on the ground
floor of the Woman's Temple, 186 La Salle Street.
—
— E. H.
umn, City
Guy &
of
Co. offer, by advertisement in another col4 per cent bonds at par and interest.
Winnipeg
:
.
THE CHRONICLE.
Ifov. 12, 1904.]
^^j0rts KxiA
2153
documents.
UNDERGROUND ELECTRIC RAILWAYS COMPANY OF LONDON,
OFFTPTAT
^**
STATEMENT TO THE
NEW YORK STOCK EXCHANGE
London, September
27, 1904.
m
pounds sterling,
which £3,599,268 9s. 8d. were issued
interwhilst the first-mentioned $16,550,000 -principal and
the balance of
est navable in United States gold— represent
the authorized issue of £7,000,000 (viz., £3,400,731 10s. 4d. at
the rate of 48666 for each pound sterling)
The £3,599,268 9s. 8d. Notes issued in sterling were sold in
England and subsequently their quotation was granted by
the London Stock Exchange.
.. ,
. ^
»
The Notes are issued in pursuance of the 54th Article of
Association of the Underground Electric Railways Company of London, Limited, as amended by a Resolution
adopted at an Extraordinary General Meeting held on April
" that the Directors be and
30, 1903, when it was resolved
are hereby authorized from time to time at their discretion
to raise or borrow or secure the payment of any sum or
sums of money for the purposes of the Company so that the
amount at any one time so raised, borrowed or secured shall
not exceed £8,000,000." In accordance with the above, the
Directors at a Board Meeting held on April 30, 1903, approved
a Trust Deed to secure Five per,Cent Profit-Sharing Secured
Notes for an aggregate nomiaal amount of £7,000,000, and
the following Resolution was adopted
:
"Resolved, That the Company do raise money by the issue of the
said Notes for an aggregate nominal amount not exceeding £7.000,000,
In denominations of £1,000, £500. £200 and £100 in English cur
renoy, or $5,000, $2,500, $1,000 or $5,000 in gold of the currency of
the United States of America, such Notes to be constituted and secured by the Trust Deed in the terms of the above-mentioned Deed."
The Notes are dated June
1,
1903,
and mature June
1'
1908.
The Notes are
to bearer,
and carry
interest at the rate of
Five per Cent per annum, the attached coupons being due
As stated below^, the Noteholders
1 and December 1.
share equally -with the Company in the proceeds realized
above Ninety- Five per Cent in any eventual sale (made prior
to the due date of the Notes) of the deposited shares or
stocks of the Tube Companies.
Matured Coupons and Notes of the American issue ($16,550,000) are payable at the office of Speyer & Co., New
York, at their face value, free of British Income Tax.
There 'have been issued in United States currency 14,550 Note's of the following series and denominations:
June
400 Series A of $500 each, numbered from A 1—400 consecutively
13,350 Series B of $1,000 each, numbered from
350 consecutively
400 Series C of $2,500 each, numbered from
consecutively
D of
$5,000 each, numbered from
$200,000
B
1—13,13,350,000
C 1—400
D 1—400
1,000,000
2,000,000
consecutively
$16,550,000
which Notes are signed by the Assistant Secretary of th e
Company duly appointed and one of the following American Directors, viz.
James Speyer, James A. Blair or T.
Jefferson Coolidge Jr., and on which Notes the seal of the
Company was affixed in the presence of the above-named
:
Directors.
The Company has the right to redeem the whole or any
part of the issue by drawings at any time at par plus interest, or by purchase io th" market at or below par.
Notice of
the numbers of drawn Notes will be advertised in two daily
newspapers in general circulation in the City of New York
as well as in the Times and another London newspaper. The
Notes so drawn will be paid on the expiration of three calendar months from the date of such drawings.
The Notes are a direct obligation of the Company, in
addition to which they are secured by a first lien upon the
following collateral to be deposited with the London
West-
&
minster Bank, Ltd., Trustee
:
Val. fixed by
the Tntst Deed.
Al, 746,000 Metropolitan District Ry. Ordinary Stock,
taken at40
£90.000 Metropolitan District Ry. Extension Prefer
ence Stock, taken at 76
*«182,927 Metropolitan Distrlot Ry. (Bow Extension)
Second Guaranteed Sto k. taken at 82 (now
exchanged into £150,000 Second Preference Slock »nd £60,000 Four per cent
Debenture Stock)
£600,000 Metropolitan District By. Second Preference
Stock, taken at 65
£50,000 London United Tramways (1801) Ltd. £10
„F,«,./^^^^ ^Offilnary fully paid shares, taken at £20...
£7,750,000 of the shares or stocks of the Gr«»at Northern
Piccarillly & Brompton Ry. Co.* and [or]
Baker Street & Waterloo Ry. Co.' and [or]
Charing Cross tcuston & Hampstead Ry.
Co.,* taken at par
£698,400
68,400
150 000
390,000
1,000,000
7,750,000
£10,056,800
*
WITH LISTING THE
FIVE PER CENT PROFIT-SHARING SECURED NOTES.
Application is hereby respectfully made for the listing of
Secured Notes.
$16 550 000 Five Per Cent Profit-Sharmg
These $16,550,000 are part of an issue limited to £7,000,000, of
400 Series
IN CONNECTION
LIMITED.
Hereinafter called "Tube Companies."
Of the above-mentioned securities there has been deposited
with the London & Westminster Bank, Ltd., Trustee, the
following:
£1,556,500 Metropolitan District Ry. Ordinary Stock;
£90,000 Metropolitan District Ry. Extension Preference Stock;
£450,000 Metropolitan District Ry Second Preference ?tock;
£500,000 London United Tramways 1901 Limited £10 Ordinary
Shares;
£1,772,610 Great Northern Piccadilly & Brompton Ry. Co. Shares.
£l,4'27,2t)0 Charing Cross Euston & Hampstead Ry. Co. Shares;
£1,234,280 Baker street & Waterloo Ry. Oo. Shares;
14,977 shares Lonil on United Tramways 1901 Limited Cumulative
Preferred Stock (shares £10 each);
and
as
temporary collateral
£473,333 Great Northern Piccadilly & Brompton Ry. Co. Four per
Cent Debenture Slock Certificates;
£77,942 Baker Street & Waterloo Ry, Co. Four per Cent Debenture
Stock Certiflcates;
£251,500 Charing Cross Euston & Hampstead Ry, Co. Four per
Cent Debenture Stock Certificates.
The Trust Deed provides that "the proceeds of the issue of
the Notes shall be received and held by the Trustees, and
shall only be paid over to the Company from time to time
against scheduled stocks [as above-described] taken at their
deposit value" (approximately two-thirds of the fixed value.)
The entire proceeds of the Notes, viz. £6,720,00 ), has been
received by the London & Westminster Bank, Ltd., as
Trustee, and the Bank has so lar paid out to the Underground Company the sum of £5,163,842 8s. lOd., leaving a
balance of £1,556,1.57 lis. 2d. to b9 paid out against further
deposit of scheduled stocks, which are then to be held by the
Trustee as security for the Notes.
No increase in the amount of the Tube Companies' Share
and Debenture Capital authorized at present can be made
except by authority of Parliament upon application by the
,
Companies.
The Trust Deed provides that as and when Notes are redeemed or surrendered to the Trustee by the Company,
Trust securities may be released to the Company to an
amount which, taken at their deposit values, sball be equal
to the face value of the Notes redeemed or surrendered.
It is also provided in the Deed that the Company shall have
the liberty at any time to withdraw any of the Trust securities, substituting therefor any Trust securities of the specified
classes, such withdrawal and substitution to b^ made at the
rates of deposit specified in the Trust Deed. The Trustee is
to have power to exchange any of the Trust securities either
upon any reconstruction or amalgamation or for any other
securities approved by the Trustee. The Notes are all equally
secured, whether issued in sterling or dollars, and the principal of the Notes may become immediately payable in case
of default or otherwise, as stated on the back of the Notes
and as per Clauses 7, 8 and 20 of the Deed.
Profit-Sharing Provision. The Deed further provides
that in the case of any sale by the Company at above Ninetyfive per Cent of any ©f the deposited ordinary stocks or
shares of the Tube Companies, the amount of the net profits
above such price shall be determined by the Auditor of the
Company, and one half of the net profit of such sale shall be
pro rata benefit of the Notes outstanding at the time of such sale, and on maturity or earlier
payment of any Note the profits to which such Note shall be
entitled shall be paid to the holder thereof surrendering
set apart for the equal
same for cancellation.
The Notes are authenticated by a Certificate endorsed
thereon signed by the London & Westminster Bank, Ltd.,
" This is to certify that the
as Trustee, reading as follows
above Note is one of a series of Notes entitled to the benefit
of the Indenture referred to in the conditions endorsed
hereon." The Certificate on the $16,550,000 Notes is signed
for the London
Westminster Bank, Ltd., by Waldron
Post Brown, or James May Duane, or James Brown.
:
&
The Underground Electric
Rys. Co. of London,
was organized with an authorized capital of
£5,000,000 sterling and the liability- of the shareholders is
limited to that amount. At the present time Fifty per cent,
namely £2,500,000, has been paid up, and the remainder
Limited,
may be called at any time in accordance with the Articles
of Association at the discretion of the Directors (Clauses 19
to 33 of such Articles). All the shares are issued and outstanding.
The ob.iects for which the Company was established and
which are specified in the Articles of Association are,
amongst others:
acquire and take over the undertaking of the Metropolitan
1. To
District Electric Traction Co., Limited [see below]* and to acquire
and deal with, etc., all or any part of the chares of that company,
and to control, manage, Bubsidlzo. assist and develop such undertaking or any part thereof, and to exercise all rights Incidental to
the ownerslilp of any such shares.
2. To promote the adoption In the United Kingdom of Electric Traction for railways and tramways.
3. To construct, carry out, maintain and repair all such works, buildmay seem rciinlslte in relation to the provision of the
working and maintenance of electric traction, and any particular
works for generating, aocumulatinii, etc., eleotrlc energy.
ings, etc., as
:
THE CHRONICLE.
2\oi
4.
To
iiiirchaRe, iPiine,
or otberwine acquire any railways and tram-
wayc, and any ctatutory or otlierrlKlits In relation to the < onsiruotlon or Rucb, and to do all such other things an arn or uiay be
deemi-d Incidental or conducive to the atialuiueut of the above
object, etc.
'The Metropolitan Distrtot Electric Traction Co.,Llmlied, was or19<il. with the object to obtain a controllluK inter
gantzrd on July 1
111 the Me ropolltiin District Ry. Co.. and also to electrify the Hald
Coiiipany's line. A larvc aiuoiiut of the lattei's stock was purchased
and a contract made with the Couiiiany on July IH, 1901, for all the
el^ctrii'al \v<jrk and the new rolUnt; stock. All the assets and liabilities
of the Metroiiolllan District Electric Traction Co. having been tak<-n
over, and all the stock having been acquired by the Underground Co.,
the Metropolitan District J.leotrio Traction Co. was liquidated.
,
"st
[Vol. Lxxii.
A dividend of Two per Cent is being paid on the Five Per
Cent Preference Stock. No dividends are paid on the Second Preference and (Jrdinary Stock.
There are also outstanding the following obligations,
which have no vote and on which the interest is being
regularly paid:
£1,250,000 Four per Cent Guaranteed Stock.
£2,I14.9fl4 Three per Cent Cousolldated Kent Charge Stock, and
Loans and Debenture Stock.
£2,438,82.')
The London United Tramways Co. was
tstablLshed in
1901 to take over and extend the undertaking of a comp<iny
of a similar title established in 1894. This Company owts a
system of about 30 miles of surface railways operated electrically in the suburbs of London, which connects at many
points with the existing lines of the Metropolitan District
Ry. Co.
Its share capital is as follows (outstanaing on June 30th,
1904)
No dividends have been paid on the stock of the Underground Company since the itcorporatiob of the Company.
The Company has no floating debt. Speyer & Co., the Old
Colony Trust Company and Speyer Brotheis have the right
until 1913 to nominate a majority of the Board.
The Underground Company has entered into contracts
with the Baker Street & Waterloo Ry. Co., the Charing
Sharet.
Cross. Enstoa & Hampstead Ry. Co. and the Great Korthern
60,007 Ordinary £10 shares fully paid, of which the UnderPiccadilly & Brompton Ry. Co. for the building, equipping
ground Company owns
50,000
and completing said railways in conformity with the respect39,993 Ordinary £10 shares £1 paid, of which the Underground Company owns
37,870
ive acts of Parliament, in consideration of which these Tube
cent Preferem-^B £10 shares fully paid, of
Companies will allot to the Underground Company practi 125,000 Five perthe Underground Co. owns
which
15,377
cally all of their authorized capital, including debentuie, and
41,500
And controls the vote on a further
they pay to the Utderground Company every month a proportion of their share and debenture capital on the basis of 225,000 shares. Giving the Underground Co. a total vote on 144,747
the actual expenditures in the proportion of the total conThe full Five per Cent dividend is being paid on the Preftract price.
erence Shares and dividends at the rate of Six per Cent per
The Underground Company is building and has nearly annum (Eight per Cent in 1902 and 1903) aie being paid on
completed the Power Houije furnishing the motive power for the ordinary shares.
all these railways, and will operate thete railways after comThere are also outstanding the following obligation?, which
pletion under special arrangements to be made with the have no vote and on which the interest is being regularly
Tube Companies. Power will also be furnished to the Metro- paid: £1,031,000 Four per Cent Debentures.
politan District By. Co., and payment for the supply of
Of the above-mentioned Railways there are now in operapower will be made according to arrangements stipulating tion ISJ^ miles of underground road of the Metropolitan
the minimum amount of power to be taken by the diflerent District Railway Company and about 30 miles of surface
companies and the price fixed therefor. The Underground lines of the London United Tramways Company.
Roads when completed will be about 45 miles in length and
The Balance Sheet of the Underground Company as of
the London United Tramways about 30 miles.
June 30, 1904, shows assets and liabilities as follows:
The Baker Street & WATEhioo Ry. provides for a To Share Capital authorized—
£
d.
500,000 Ordinary Shares
double line about six miles in length from the Elephant and
of £10 each
£5,000,000
Castle to Waterloo Station under the Thames-River to the
Embankment thence to Trafalgar Square, thence to Picca- To Share Capital issued— of £10 each,
500,000 Ordinary Shares
dilly Circus, thence under Regent Street to Regent Park,
2,500,000
£5 paid
7,000,000
thence to Baker Street, and terminating at Paddington To Five per Cat t Profit-Sharing Secured Notes
T/iese Notes are secured by slocks and shares per
Station. The greater part of this line is finisbed, and it is
contra deposited under Terms of Trust Deed
expected that it will be in operation in January, 1905.
aatid 29(/t May, 1903.
The Charing Cross Euston & Hampstead Rt. provides To amounts lecelved in respect of construction
636,276 10
contracts
,
for a double line, eght miles in length from Charing Cross
203,<»93 18 11
Station to Euston Station, thence to Camden Town and To llabiliHes In respect of Parliamentary. depoMts.
576,600 18
8
To sundry creditors, credit balances and retentions.
from there to Hampstead and Golders Green, with a branch
£10,915,971
7
7
line from Camden Town to Kentish Town and Highgate.
About Seventy- five per Cent of the tunneling has been done
£
8.
d.
and the station and other work is well advanced. It is exBy freehold land and buildings at Lot's Koad
pected this road will be completed and in operation fome
Chelsea, liicluding expenditui-e to date on contime during 1906.
struction of generating station and transoilsBlon
826,553
4 11
line
The Great Northern Piccadilly & Brompton Ry. Co., By investments in slocks end shares at cost
2,501,124 10
9
which is a consolidation of the Great Northern & Strand Ry. By Parliamentary deposits (£292,493 lis. 9d.
^
;
and the Brompton
&
Piccadilly Circus Ry., provides for a
277.256
Consols) at cost
2
double line 8 miles in length from Hammersmith under the By cost of railway construction and expenditure
chargeable to various constractlon oontraots
District Ry. to South Kensington, thence to Kings Cross
5,022,313
8
aftrr crediting Income from Investments
Station (Great Northern Ry.), terminating at Finsbury Park.
(Slotks and shares have betn reteived on account
About Eighty per Cent of the tunnelling has been done and
of this expenditure in accordance u>ith construction contracts.)
the station worK is proceeding. It is expected this road will
By discount ou issue of Five per Cent Profltbe completed and in operation some time during 1906.
280,000
SharinglSecured
These Railways were authorized by various Acts of Parlia- By sundry debtors,Notes (Issued at 96)
debit balances, loans and demant from 1893 to 1901 with the following capitalization
positi*.:
81,843
4
1,556,157 11
By cash at London & Westminster Bank. Ltd
:xHeld
the
:
by
^Capital Aut/iorized.—^
Sharer,
Baker
&
Waterloo .«2,3&5,0C0
Charing Cross Euston
& Hampstead
4,326,000
Great North. Piccadilly
St.
& Brompton
5,075,000
Dtbenlnrta.
Is$ued. Underg'd Oo.
Shares
8fiare$.
1,442,000
1,431,960
1,431,960
1,691,000
2,148,090
1,775,710
which are depoaited with the Trustee for the
The Metropolitan
District Ry. Co. was incorporated in
18!^ miles of line, besides about Z'% miles held
partly with others. The Company is oontrolled by the
Underground Co. through stock ownership. It is at present
being run as a steam railroad. The Underground Co. is,
however, under contract to electrify the road, for which payment is made partly in stocks and partly in debentures. The
work of electrification is being carried on with practically
no interruption to the traffic, and it is expected that electric
trains will be running by the beginning of next year.
Its share capital is as follows (out standing on June 30, 1904):
1864,
and owns
£3,010,000 Ordinary Stock, of which the Underground
Companyowns
£1,536,000
1,500,000 Five per Cent Preference Stock, of which the
Und'-rground Companyowns
and has a vote on additional
holders of which have ceded their vote to the
Underground Company in con«ldeiation of
a scaled dividend guaranty on their stock.
450,000 Second Preference iStook, of which the Under-
ground Companyowns
£4,960,000
96.000
537,351
1
2
400,723
5
8
7
7
of the underground Company are
Charles T. Yerkee, Chairman; Walter Abbott, James A.
Blair, T. Jefferson Coolidge Jr., Frank Dawes, The Right
Hon. Lord Farrer. The Hon. Sydney George Holland, James
H. Hyde, L. F. Loree, Robert H. McCurdy, Charles James
Cater-Scott, Edgar Speyer, James Spe\er, Charles Ainsworth
Spofford and Jonkheer Henry Teixeira de Mattos.
The Directors
:
Yours
truly,
THE UNDERGROUND ELECTRIC RAILWAYS
COMPANY OF LONDON, LIMITED.
W.
E.
Mandeuck,
Sicretary.
Chas. T. Ykhkes.
Chairman.
The Committee on Stock Lists recommends that the abovedescribed $16,550,000 Five Per Cent ^Profit-Sharing Secured
Notes of
Series
Series
Series
Series
1908,
A, Nos.
B, Nos.
C, Nos.
D, Nos.
A
B
O
D
1 to
1 to
1 to
1 to
A 400 inclusive, of $fiOO each.
B 13.350 Inclusive, of $l.O(iO each,
C 400 Inclusive, of $^,.'iOO each.
D 400 Inclusive, of $5,000 each,
C and D to be dealt
be admitted to the list. Series
cally as " large bonds."
Wm. McClure,
450,000
Giving the Underground Co. a total vote on. .£2,639,351
7
£10,915,971
A794,000 *1,641,850 £1,235,780
£11,786,000 £3,927,000 £5,221,900 £4,443,150
X Practically all of
notes.
(Profit-Sharing Secured Notes Trustee Account.)
By cash at short call and on band
5
W.
H.
GRANBERY,
Heeretari/.
Adopted
^^/
in specifi-
Ooverning Committee November
ChatTman.
9, 1904.
,
Nov.
.
2155
THi5 CHRONICLE.
12, 1904.]
THE AMERICAN COTTON OIL COMPANY.
ANNUAL REPORT FOR THE FISCAL YEAR ENDING AUGU-)T
Executive Offices, 27 Beaver Street,
New York, November 7, 1901.
)
>
unchanged, viz:
Stock, $30,237,100; Preferred
tota' amount of Gold Debenture
These bonds mature on
and bear interest at the rateof4i^f per
Bonds outstanding
is
$3,000,000.
November 1, 1915,
annum, payable quarterly.
ALL PROPERTIES FREE FROM LIEN.
Profits for the year amounted to
Deduct Debenture Bond Interest
$979,835 16
135,000 00
The
$844,835 16
Netproflts
-
Dividends on Preferred Stock, 6 per cent
perannum
Dividend on Common Stock, payable Dec.
1. 1904, 1 per cent
$611,91600
202 37100
814.287 00
General Profit and Lo8B Account
$30,548 16
PERMANENT INVESTMENT ACCOUNT.
This account has been charged with the sum of $323,865 39
for additions to the properties, representing Real Estate,
Cotton Ginneries, Seed Houses and Scales, Warehouses,
Automatic Sprinklers, and increased capacity of Mills, Refineries, Cottolene and Soap Plants.
The-account has been credited with sales of Real Estate,
Buildings, old Machinery, etc., amounting to $106,566 98.
The net result is an increase to Permanent Investment
Account of $217,298 41.
REPAIRS AND MAINTENANCE OF PROPERTIES.
The properties have been maintained during the past year
by the expenditure of $450,931 00, which has been charged to
Operating Expenses for the same period,
WORKING CAPITAL.
The Net Working Capital of the Company on August 31,
1904, was $4,233,854 70, of which $721,059 43 was Cash in
Banks and $3,501,795 28 was Bills and Accounts Receivable,
Marketable Products, Raw Materials and Supplies, after deducting Current Liabilities.
CAPITAL LIABILITIES AND ASSETS AUGUST
31,
1904.
Capital—
Common
Stock.
Preferred Stock
$20,237,100 00
10 198.600 00
Total Share Capital
Debenture Bonds
$30,435,7"0 00
3,000,00000
$33,438,700 00
CORRENT LTABILITIES—
BllUPayable
$1,1?5,00000
Commercial acoounte
736,193 40
Interest
accrued upon Debenture
Bonds, one month to August 31
11,250 00
Preferred Stock Seml-Annnal Dividend
No 28, payable December 1, 1904...
305,958 00
Conimoi) Stock Dividend, payable December 1, 1904
202.371 00
2 380,772 40
Total
$35,816.472 40
ASSBTK—
Real
Buildings,
Estate,
Machinery,
based on the valualion Aug. 3i,
\H9'i, with subsequent additions
etc.,
CaRhinRankH
and Accounts Receivable ...
Marketable Prodacts, Raw Materials
hUd Supplies on hand available In
Kills
the business
$12,650,420 27
$721,059 42
2,465,614 70
3,416,952 93
Quick Assets
Balance, representing
6,603,627 10
$19,254,017 37
good-will,
contracts,
leasee,
trademarks, patents, processes, brands and kindred
assets of an CMtabliahed businets
Total
16,562,452 03
$35,816,472 JO
GENERAL PROFIT AND LOSS ACCOUNT OF ALL THE
PROPERTIES AUGUST 31, 1904.
Balance of General Profit and Loss Account August
31, 1903, as per Fourteenth Annual Report
Difference resulting from sale of Inactive properties.
Profits of tlie
Or.
$7,0
'8. 106 41
16,209 79
$7,001,890 62
Manufacturing and Com-
mercial bUHlne«8 of this (Company and
of the Corporations in winch it is infrested. for the year ended August 31
1901. after charging ofi allexpenses of
Manv»rac*uring and Operation, Repairs
of Buildings and Machinery, Bad and
Doubtful Debts. Expenses of Adral istratlon, etc
949,287 00
)79,835 16
30,548 16
Balance to Credit
Balance of General Profit and Loss August 31 1904
,
$7,032,444 78
of Directors, at the regular monthly meeting
1, 1904, declared the Twenty-sixth consecutive Semi-Annual Dividend of 3 per cent upon the Preferred
Stock, payable December 1, 1904.
The Directors also authorized the payment out of the
remaining net earnings of the fiscal year ending August 31,
1904, of a dividend of 1 per cent upon the Common Stock,
payable December 1, 1904.
The fiscal year covered bv this report includes a period
when commercial business in nearly all its branches was
unsettled.
During the summer of 1903 a twelve-million-bale cotton
crop was predicted, but the picking bad made little progress
The Board
All the properties of the Organization are absolutely free
CJarried to
63
Debenture
Interest on
$135,OCO0O
Bonds
Semi Annual Dividends en
Preferred StockPali June 1, 1904, 3%. 305,953 00
Payable Dec 1,1904,3%. 305,958 00
Dividend on Com StockPayable Deo.l, 1904,1%. 202,371 00
held November
from mortgage or other lien.
PROFIT AND LOSS.
Deduct
%7,col,?<)6
Deduct—
Common
The
Stock, $10,198,600
1904.
BrouaM forward
|
To the Stockholders cf the Ame.'-^can Cotto'- uil o-npany:
The Directors herewith submit their Report and Statements of Account for the fiscal year ending August 31, 1904,
being the Fifteenth Annual Report of the Company.
SHARE CAPITAL AND DEBENTURE BONDS.
The amount of the Capital Stock, issued and outstanding,
is
31,
before it became apparent that the crop would be a short
one; whereupon there ensued a great speculation in cotton,
continuing with increasing force throughout the season and,
incidentally, affecting the price of cotton seed.
Owing to the diminished cotton crop (about ten million
two hundred thousand bales), your Company was unable to
purchase the normal quantity of seed, and the working expenses of the mills were proportionately increased. Moreover, when the speculative movement in cotton collapsed, in
the month of March, the market prices for every product
connected with this staple declined rapidly. Your Company,
however, at that period carried smaller stocks than usual.
Violent speculation in any important product of universal
use and necessity, although sometimes immediately beneficial, does great and permanent injury to the product
speculated in and the country where it, is raised.
Although the utmost Intelligence and skill may be exercised
by the Administration and the Executive Depirtments of
Industrial Companies, there are periods when they must be
prepared financially to take advantage of every favorable
turn in the commercial tide.
The true policy for American producers should be so to
increase the volume and lower the cost of their output as to
control competition and dominate the world markets.
" It is a maxim of every great business that it moves upon
tonnage, and its whole problem is to secure the wide distribution of its products, rather than to reap exorbitant
profits upon a limited quantity.''
The physical condit'on of your properties has received constant attention during the past j'ear, and every effort has
been made to maintain the high standard of eflBciency and
value.
The Company continues to protect all its property by a
comprehensive system of insurance, and owing to the excellent condition of the buildings and machinery and their
improved fire equipment, is able to obtain the lowest rates.
The losses in the course of the past year have been light, and
in every instance fully covered.
The percentage of loss from bad debts, while fractionally
higher than last year, maintains the general average which
has been previously reported, namely, less than one-fifth of
one per cent per annum during the fifteen years covered by
this Company's reports.
Eighty additional tank cars have been ordered for delivery
during the coming season, of which fifty are of all-teel
coDstruction. Your investment in rolling stock has proven
profitable, and further additions to the number of cars will
probably be made in the near future, that the Company's
growing business may at
all
times be promptly handled.
Ex'iibits at the Loti siana Purchase Exposition were made
by The American Cotton Oil Company and by its branches,
The N. K. Fairbank Company, The Union Oil Company and
The New Orleans Acid
Fertilizer Company. The awards
include five Grand Prizes and a number of other awards.
The recognition of the excellence of products and of the
hish standing of the Company which is shown bv these
awards is very gratifying.
The stocks of merchandise carried over at the end of
the fiscal y^-ar, August 31, have been marketed at a profit
over the price at which they were inventoried.
The position of the Company is one of financial strength,
and its high standard of credit has been maintained.
The general outlook at this time indicates a growing confidence in the business .situation, and a large cottcm crop is
practically assured. These improving conditions should
ledound to the advantage of your Company. * « •
&
For the Board of Direofors,
GEORGE A. MORRISON, Chairman.
.
THE CHRONICLE.
2156
3^1xjc
©ommjerdal
COTTON.
^irnes*
Friday Night, November
COMMERCIAL EPITOME
Friday Night. November
11,
The Movement of the Crop
1904.
The result of the Presidential election, held on Taesday,
surpassed the expectations of the most sanguine partisans in
the country's support and therefore approval of the present
Administration's policies. Reports from the iron trade show
decided confidence on the part of producers, who are holding
for a higher basis of values. An active business has been experienced in most metals, with considerable excitement at
advancing prices attending the trading in copper. Business
in the dry-goods trade also is on the Increase, the reports being of a larger volume of sales. The monthly report of the
Government Agricultural Bureau confirmed the reports of
a large corn crop, placing the yield at close to 2,500,000,000
and of fine quality.
Lard on the spot has had a moderate sale and, as stocks are
limited, prices have shown a tendency to improve. The close
was quiet at' 7'50c. for prime Western and 7 20@7'85c. for
prime City. The demand for refined lard has been limited,
but prices have been firm, closing at 7 70c. for refined for the
bushels,
Speculation in lard for future delivery has been
moderately active and the tone of the market has been firmer
on light receipts of hogs. Selling by packers, however, has
had a tendency to hold an advancing tendency to prices in
check. The olosd was slightly easier under selling by packers
Continent.
DAILY OLCfllHO PRIOBB OV LABD V0TTIB» IK OmOAOO.
Hon
Thurt
Wed
Sat.
TU€i.
rn
702J«
712ifl
Deo, del'y
7 0713
705
Holi-
710
7'22ifl
May del'y
Pork has advanced and the
Jan. aery
7'07i«
7"17»«
day.
[VCL. LXXIX.
7-22»«
715
710
7-36
7-25
7-20
was steady at |12 75r^
18 25 for mess, $14 50@16 75 for short clear and |15@15 5)
for family. Cut meats have had a moderate sale at firm
close
l^^c. for pickled shoulders, 93^@10c. for
pickled hams and %%@^%<i. for pickled bellies, 14@ Olbs.
average. Beef has been quiet and unchanged at |8 50@9 00
for mess, $10 for packet, $11 for family and $15 50@16 5 for
Extra India mees In tcs. Tallow has been steadier, closing
with buyers at 43/4O. Stearines have been dull at 80. for
lard stearine and 7c. for oleo stearine. Cotton-seed oil has
continued in fair demand and steady at 27c, for prime yellow.
Butter has been in good demand and firmer, closing at
15@25^o. for creamery. Cheese has advanced and the close
was firm at 8)^@n3^c. for State factory, full cream. Fresh
eggs have been in light supply for choice grades, and prices
prices, closing at
)
have advanced
t 26K@27c. for best Western.
Brazil grades of coffee have been io more active demand,
decreasing receipts having a stimulating influence upon the
trade, and prices have advanced. The close was steady at
8)^c. for Rio No. 7 and 9c. for Santos No. 4.
West lodia
growths have been in slightly better demand and closed firm
at 93^c. for good Cucuta and UJ^c. for good average Bjgota.
East India growths have had a limited sale at firm prices.
Speculation in the market for contracts has been broadening, outside investment buying developing, and prices have
advanced advanced. The close was fairly active and steady.
The following are the closing asked prices:
Nov
7'OOo. Maroli
7-75n.
7-40o. Jnly
Dec
7 100. May.........
7-5So. Sept
7-90o.
7-200. June
Jan
7'65o. Oct
7-95c.
,
I
Baw sugars have been in good demand, and on an indicated shortage of supplies, prices have advanced. The close
was firm at 4 7 16@4^c, for centrifugals, 96-deg, test, and
3 15-160 for musocvado, 89 deg. test. Refined sugar has been
firm and higher, closing at 5 25o. for granulated. Other
staple groceries have been firmly held.
Advices from the Western markets have reported a good
business in K«ntucky tobacco at firm prices. Locally there
has been a firm market. Seed leaf tobacco has been in
moderate demand, the sales including 1908 crop Pennsylvania broad leaf B's and 1908 crop Zimmers' Spanish. Sumatra tobacco has continued to meet with a fair sale at firm
prices. Havana tobacco has been in more active demand ana
from the South to-night is given below. For the week ending
this evening the total receipts have reached 378,707 bales,
against 429,.j9'J bales last week and 396,318 bales the nrevious
<^eek, making the total reoe'ptf since the 1st of Sept., 1904,
3,455,575 bales, against 2,841,444 bales for the same period of
19)13. showing an increase since Sent. 1,.1904, of 614,131 bales.
BeceipU at—
Tutt.
Jfon.
Sal.
1
red.
Tkuri.
tri.
Total.
j
QalTOBton
10,095 17,624 32,186 16,608 19.311 14,126 109,850
Pt.Arthar,&o
1.499
1.499
New Orleans... 13,590 21,135 30.216 16,795 17.606 18.110 117.352
Mobile
1,414 2,933
1.856 1,861 3,607
1.811 12,882
Pensaoola, &o.
444
155
200
374
1,178
Savannah
12,878 10,829 15,910 8,641 11,026 9.373 68,65S
BronBw'k, &o
10,876 10,878
Oharleston
840 1,328 1,646
803
785 2,041
7.343
133
Ft. Royal, «ko.
1S8
W^llmlngton....
3,542 8,429 4.102 2,150 1,794 3,243 18,260
Wa8h'ton,Ae.
5
ft
Norfolk
3.909 4,084 7,192 3.756 3,159 4,581 26,681
438
N'p't Newa, *o.
438
500
260
New York,
200
250
200
1,410
240
141
50
Boston
196
437
1.092
88
649
77
Baltlinore
100
25
Phlladelp'a.Ao
100
"Vo
649
372
'
week. 48,671 62,008 94,189 60.644 57.308 67,W43 378.767
Tot. this
The following shows the week's total receipts, the total since
Septi 1, 1904, and the stooks to-night, compared with last year.
1903.
1904.
Receipts to
Since Sep.
1, 1904.
Thit
week.
Nov. 11
ThU
week.
New Orleans
2,403
2,910
2,277
6,268
1,411
1904.
206,477
331.020
51,640
239,933
38,962
>>•*«
•....
161,667
8.945
33,438
129.012
20,270
12,501
20.276
25,284
28,656
19,360
77,294
2,176
1,397
2,934
84,295
24,000
5.11S
2,732
918.517
807,944
683
202,905
222
189,482
369
1,968
1.841
1,803
2.114
1.826
282
578
119
378.767 3,455,575 449,297 3,841,4 < 4
Totals
1903.
204,074
975,838
19.745
592,208
97,979
31.463
569.568
48,293
103.556
715.431 124,761
112,094 15,014
45,921
4,136
792,697 74.938
61,322 12,487
124,242
8,520
296
33
185,157 19,010
107
36
258,661 25.518
117.352
MobUe
12,982
Peaoola, <&o.
1.173
Savannah... 68,652
Br'wlok, Ao. 10,876
Charleston..
7,343
P. Royal, &.O.
133
WllmlnKton. 18,260
Wash'n, Ac.
5
Norfolk
26.681
N'portN.,«&o
438
New York... 1,410
Boston
1,092
Baltimore..
649
Phlladel.&o.
372
Stock.
Since Sep.
1, 1903.
aalveaton... 109,850 1.113,125 160.664
Pt.Ar.,&o.
32,351
2,832
1,499
In order that a comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Receipts
at—
aalves'n, Ae.
New
Orleans
MobUe
Savannah...
Uhas'ton, Ao.
Wilm'ton &o
Norfolk
N. News, Ac.
&.11
others...
Tot. this
wk.
1904.
1903.
111,349
117,352
12.982
68.652
7,476
18.265
26,681
163,496
124,761
15.014
74,938
8,553
19.016
25,518
1901.
1900.
89,612
94,221
7.562
56.705
15,458
12,302
18,614
1,486
35.044
106.420
78,597
4,594
29,611
9,300
8.257
12,932
4,827
24,034
16.588
341.448 830,004 278,572
270,834
1902.
9^,932
111,373
9.753
64.734
6,857
9,190
20,219
438
369
398
15,572
17,602
19.992
378.767
449,397
1899.
1
95,777
63,087
6.084
43,921
14,348
10,813
19,848
583
3455,575 2841,444 2917.110 2742,550 2794987
The exports for the week ending this evening reach a total
of 2U3,067 bales, of which 121,858 were to Great Britain, 11,347
to France and 69,362 to the rest of the Continent.
Below
are the exports for the week and since Sept. 1. 1904.
Week JBndino Nov. 11.
Exported to—
Sxportt
from—
Great
^
\
BHVn. '^"""l
U»,113
firm.
lialveBton
The market for Straits tin hns been unsettled, but the close
was steadier at 28 90@29'10c. Ingot copper has been in active demand at advancing prices, and the close was firm at 14
@14%c. for Lake and 14@143.^c. for electrolytic. Lead has been
1904.
Oonti- lotal
Week.
nent.
Pt-Arthur. &o.
in guod demtiod and firm at 4'45(S)4'50c. and Spelter has advanced, closing steady at 5*40(a5'50c. Pig iron has been
firm, closing at $15 75 for No. 2 Northern and $15 75@16 00
for No. 2 Southern.
Refined petroleum for export has been strong, and an
advance in prices is expected, closing at 7 95c. in bbls.,
10'e5c. in oases and 5 05c. in bulk.
Naphtha has been
steady at llj^c. for 71 degrees and 12c. for 76 degrees.
Credit balances have advanced, closing at 1 60c. Spirits
turpentine has sold slowly and prices have declined to 58f^o.
for machines. Rosins have been easier, but closed firm at
$8 00 for common and good strained. Hops have been firm
but quiet. Wool has been in fair demand and firm.
1904.
11,
as indioated by our telegrams
NewOrleani..
Mobile
Penisool8,&o.
'iarannab
Bnmiwlok
. . .
8,738
13,686, 82.77*
from
1, 1904, to Nov.
Exported to—
sept.
Great
Britain.
France
49a.784 123,659
7,9ja
0.195
7,811
2&,93d
42.788
187.059
79,901
19,0^7
166
36^
11,074' 17.811
16.570
15.570
1C.87S
6.739
17.141
112,466
88,08i
114.209
13.6SS
Total
804,68»
26.410
381.169
32,660
9.811
14.240
29.6»«
34l',033
40,696
462.156
3^.028
21.373
...
77.161
3.662
81.146
161,968
8.300
450
4.127
12.487
eoo
61.739
9.3.0
4.431
Boston
3altlmore
770
....
B.660
....
Total
81.622
460
New York
Philadelphia..
<an Fran., &0..
185.34
IS.iue
1904
21,873
200
6.737
Char'efton....
Port Boyal....
WUmlnirton...
Norfolk
N'port N., Sm..
Continent.
11.
8.936
114,860
9.162
670
1,440
8.600
6.150
3S.126
29,999
14,319
700
4.493
054
658
4.683
iai.86S
Total. 1903.... 168.050
11.347
3,100
208
24,623
4.«83
68,302 802.067 1.161,162 264,24)4
«6,769 108.3aa 288.18''
9.81-6
8&1.M66
2e8.6flv>
9.900
186.761
41,886
40.696
14.681
24,683
872,670 «.298.0fel
776.B11 1.8U7.448
.
Nov.
«
9
.
.
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on sh'pboard, not
cleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by
Messrs. Lambert & Barrows, Produce Exchange Building.
Oreat
Britain Fr'nee
Other Coastmany. For'gn wise.
Ger-
Ftttubeb.
Otaarleston...
Mobile
Norfolk
Hew
York....
Otber porta
.
Total 1904..
633,483
93,833
122 6«7
29.438
34,440
72,794
23.728
closing at 10'25c for mic^diing uplands.
The rates on and off middling, as established Nov. 18, 1903,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
Even
Pair
o. 1-30 on Good Middling Tinged
o.
BUddllng Fair
096 on Strict MlddliDg Tinged.... 0-06 off
0*62 on Middling Tinged
012 oflf
Strict Good Middling
0*44 on Strict Low Mid. Tinged ...
Good Middling
34 off
0-14 off Low Middling Tinged
Btrlol Low Middling
050 oft
0'38 off Strict Good Ord. Tinged
Low Middling
84 off
0-50 off
Strict Good Ordinary
72 off Middling Stained
1-00 oflf Strict Low Mid Stained... 1 06 off
Good Ordinary
1-50 off
Strict Good Mid. Tinged.. 0*30 on Low Middling Stained
. .
.
this basis the official prices for a
week— Nov.
6 to Nov.
UPLANDS.
Sat.
Good Ordinary.
few of the grades
11— would be
Mon Tnes
Mr«d Tb. Frl.
9-15
9-25
9-87
10-25
1015
10 .'i9 10-69
11 11 11 21
GULF.
Sat.
10-59
1111
950
o
Sat.
8-65
8-78
Middling
9-75
Middling
9-66
Strict Low Middling Tinged... 98L
991
Good Middling Tinged
10-15 10-25
9-50
10-84 li/ 84 lU-94
11-36 11 36 111-46
Mon Tae«
Low
9-40
1002 in 02 10 12
1040 10 40 110 50
10-84 lu 94
1138 11-46
STAINED.
11-11 11-21
9-40
1002 1012
1040 10''0
Middling
..
Good Middling.
Middling Pair..
9-25
987
1025
ly69 lu69
jnon Tnes l¥ed Tb. Fri.
9 40
Gtood Ordinary.
Low Middling..
915
9-77
fl'77
10-'5 10-15
9-77
Middling..
Middling
Good Middling.
BOddling Fair..
for
as follows.
9 15
Low
XTeA Tb. Frl.
8-65
9 65
HoUday.
9 81 9-81
1016 10-15
8-65
9-65
8-75
9-75
9-91
1026
The quotations for middling upland at New York on
Nov. 11 for each of the past 32 years have been as follows.
1904....C.10-25
11-15
1903
1U02
8-80
1901.
1900.
f.e
1899
1898
788
&&,«
1897.
616
;9
16
1896. ...c.
1895
1894
1893
1892
1891
1890
1889
S^e
8H1
.Mlg
8I4
9
8»4
aOg
10»4
1888. ...0.10
1880... .0.1016,8
1887
1886
1885
1884
1883
1979
1878
1877
1876
1875
1874
1873
Olobbd.
Batorday
Uolet
Monday.... Quiet. 10
Tneaday ...
9^
»6i6
lOlje
10««
1038
11«8
1882.
1881
MARKET AND
Spot Market
107,8
Market
CU>8BD.
8AJLBS
OF Spot
pts. ad.
11^
12»4
18^
14»8
14»«
Very steady.
Wednesday Wnlet.lOptB.dc. t^teady
Thursday.. Dull....
Steaay
FriOay
Qal«t,10pt8.acl B'rly steady.
& Oontbaot.
£x-
Oon-
Con-
port.
sump.
tract.
Hteady
.
lli»iB
95,8
SALES.
FDTtJRBS
....
.
21
ibo
Holi day.
2ft
....
16
I
I
I
I
I
1,100
Total.
21
100
24
1,116
MM
00
60
«<co
I
I
...
fll
1.200
1,261
'irii"
1
coco
I
'
Be
'
I
I
I
9
I
coco
I
I
I
1
1
1
I
1
I
I
I
'
II
coco
I
'
\
'
I
MbO
9
I
I
I
OC
Mk9
coco
00 <i
•ivanoH*
II
I
00
II
9
I
1
9
I
II
II
19
II
I
II
19
19
II
II
II
9
I
II
II
1
I
9
t-t^
M
99 <?
o
CO
i^«4
^.>f.,
9
SCO
ito
OQD
9
M
50
9M
e.
t-'t^
I
I
99 9
ens o
CDiP-
II
II
19
19
II
II
I
I
I
I
9
II
I
19
II
I
I
CPCO
19
II
'
9
00 00 00 o
*^t^
MM V<V> OJCO M
MM M
MOl
I
o
-J
•
1°
'
o
I
CO
I
!
I
19
19
19
coco
>4c6
coco
coco
coco
6>6>
M
O
ODO
CO*,
com
©I
COO
ad
»sa
m
19
'
'
I
ao
00
CO
ex©
la
MM
CO
o^
aM
I
9
I
I
<<)
«3 1^
<CCO
CD<!D
O OD
00
©b
CO
coco
COCO
coQD
19
M
c
b
M
<
I
=•
M
19
I
a
00
M
*
O
O
©M
9
M?>.
o|
OOOfccCC
v>o
19
coco
(SCO
oiM
9
>*
(coil
itkCO
I*?
O
O
COft
<X Qi
OPQ
CO
i2
coco
dbob
COCO
OOCO
lf>>
I
C>»
QDOn
cr
I
'
COO
1
I
coco
*3 *J
(COD
9
co^
00 OD
<l
00 00 00 O
t^t^
©b ot^ b
co-a
coo
1^1^
00 o 00 o
Mm m c»o b
r^t^
OCO CO
I
I
coco
I
'
•
19
II
^
:-0<
c;<
II
CO
CO
«0
CO
OS
v
00
CO
OBCP
22 6
MM 0>
10
49
00 e
60 6
ODOO
CO
?
I
'
9
.»j
coco
bb
^co
I
•
coco
ab
co^
m"C
9
'ex
I
19
19
CO
CO
01
CO
The Visible Supply op Cotton to-night, as made up bycable and telegraph, is as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening.
But to make the total the complete figures for to-night
(Nov. 11), we add the item of exports from the United States,
inolnding in it the exports of Friday only.
1902.
1904.
1903.
1901.
stock at iiiTMpool
.b»iei. 367.000
218.000 316.000 891,000
stock at London...^ .._...^
16.000
15,000
9,000
7,000
16,000
Stock at tfanohester. ~.^ .....
23,000
Total Great Britain Btock.' 398.000 258,000 32v\000 298,000
26 000
9000
24 000
12.000
Stock at dMuiuuig.....^.......
111,000
Stock at Bremen.... .......... 148,000 101,000
73,000
4 000
5.000
Stock at Antwerp ....... ...».
4 000
3,000
70,000
72,000
stock at aavre.... .............
86 000
78,000
2.000
Stock at Maraelllea.... .... „..
8,000
3,000
2,000
Stock at Barcelona...........^
19,000
45,000
15,000
8,000
Stock at Genoa.... ............
29 000
24,000
10,000
27.000
Stock at J"*' *«*•....-«. ......_
3,000
4,000
6,000
6 000
191,000
Total Oontlnental atooka..' 306.000 269,000 269,000
Total European atooka....' 704.000 525,000 594,000 489,000
8,000
10 000
19,000
18.000
India cotton *au»tlui Europe
Amer. cotton afloat for B'rope. 819.000 832,000 625.000 928,000
62,000
73,000
54.000
B^ypt, Brazil,dee., «flt.Ior E'pe
66,000
151,000
116,000 124000
8ti)ck In Alexandria, Egypt... 130,000
Stock In Bombay, India....... 180,000 140,000 141.000 105,000
801.808
Stock in United -States ports.. 918,517 807.944 853 314
560 953 601.645
Stock In U. S. interior towns.. 694,922 409 982
33.605
31,758
47,970
United States txportato-dajr.
43.960
Total visible snpply
8.466,399 2,937.531 3,037,i37 3,178,111
Ot tne abave, totals ol Amerloan andotberdeaoripiianaareaa louows:
Amtrxtan—
220,000
ulTerpool fltook
b»l«a. 323.000 146.000 248,000
20,000
14.000
lianoheater stook.......
211,000 239.000 154.000
atooka....... .._. 239,000
loneinenial
tmerloan afloat (or Barope... 819.000 832,000 62.'^.000 928.00O
918,617 807,94 4 8.'>3.314 801.808
Jnlted States stock.
.....
.•)60 953
601,645
XnltfldStateslnterior stocks. 694,922 409 982
31.768
47,970
33.605
43 960
TnitadStatesexports to-day.
xotalAmenoan
2,952 399 2,460.521 2,569,237 2,737.111
Ma$i Indian, Brauil, dkt.—
71,000
73.000
72,000
44,000
Liverpool stook
7.000
9,000
15.000
15,000
u>Bdoa atook
3.000
2.000
Manchester atook
'37,000
'30,066
58.000
67 000
oDBiuencaiauuoaa..... ...
18.000
8,000
19,000
10,000
ndla afloat lor Eoiope . .....
63,000
78.000
54,000
66.000
Igypt. BrasU, *e., afloat
116 000 124.000 151,000
Itoox In AJezandria, Egypt... 1 30.000
141 000 105,000
1 40.000
ftcok In Bombay, India...... 180 000
514 000 477,000 4< 8.000 44 1,000
Total Bast India, *fl.
a,9^2,399.2,460,531 2,.'S69,237 2.737.111
Total Amerloan.......
8,466 399 2,937,581 3,037,237 3.178.111
Total Visible snpply
4-44d.
4Bi8d.
6-i4d.
5-4id
Clddllng Upland, Liverpool.
8-30o.
1150c.
^,,80flddllngUpland, New York.. 10 25e.
5i3,8d.
89w,d.
S'^ed.
•nrpt Good Brown, Liverpool
J'i«f
e90<l
9 ood
•rnf.Boagh Good, Liverpool 10 66d.
, ?*•
4^^.
fti'io'i5>«d
*Is2d.
tfoaoh Fine, Uverpool
4ai>3a".
• iiiii»»»»llvOood. Lf»erpoo ...
6Hied.
47ied.
67iad
Continental imports past week have oeen 126,000 bales.
—
....
t^
figures for 1904 show an increase over last week
gain •>' 528,868 bales over 1903, auexcesH of
429,162 bales over 1902 and a gain of 288,288 bales over 1901.
The above
of 268,724 bales, "
Total
I
li'ii
M
coco
coco
coco
o
00
00
©o o
6
coco
ODcib
•»«a
CO
o
»lt^
CO
I^M
9
19
9
•
«
9
9
9
MM M 9
®° *?| CO M
o
coco coco
II
ccco
QOQO
A
M
e!«a
0:00
MM M
O
00 O COCO coco
M
»OM M
OM en MO 6 COCO eooo
WOI OD
com OM
o^^ Oi
9 19
19
9
9
9
9
9
00 O 00
00
©o coco
n
>-•>-'
456,608
632,211
Thuisday the market ruled quiet but steady, Today,
Friday, there was increased activity to the trading. Toe
amount of cotton in sight for the week fell quite a little
short of the amount reported for the corresponding week last
year. The reports received from the South stated that many
planters were holding their cotton for higher prices. An
Improving demand was rei^orted from exporters, and there
also was a be ter demand from domestic spinners. The reports from Idanchester were that there was an active cotton
goods market, and a broadening demand was reported in the
domestic cotton gords trade. The weather conditions reported from the Southwestern section of the cotton belt were
unfavorbb'e, low temperature and snow being reported from
Northern Trxag, Oblohoma and the Indian Territory. Dnr
ing the afternoon trading shorts came into the market as
fairly free buyers to cover contracts, and prices advanced
rather sharply. At the close, under profit-taking sales, part of
the advance was lost, and final prices for the day showed a
net gain of 5(^8 points, Cotton on the spot has advanced,
On
I
10.6."i6
Specnlation in cotton for future delivery during the week
vi&B quiet. Previous to the election, on buyitg by shorts to
cover their contracts over the holiday and on some buying
for investment account, induced by a falling off in the crop
movement, there was a slight upturn to prices. On Wednes
day, however, the market again turned easier. Bear interests were more aggressive, being fairly free sellers, and as
comparatively little support was given the market prices
yielded, losing practically all of the early week advance.
the past
I
S»WBaB
WW.
I
245 927
72.432 79,395 154,166 22,937 22,406'351,336
63.905 40,032 75,a48 24.190 17,128 821,103
Total 1908.
Total 1902.
—Highest, lowest and closing prices at New York,
!!i?ill!iiii Ml!
stock.
84,872 40,590 92.9S8 44,890 21,694 285,034
..
2157
a
I
Savannah..
I
II
'
QSBHQSOO
Leaving
Total.
30,055 14,859 20,687 16.717 3,775 8.'>,093
42,717 17,6^1 33,601 12,073 4.219 110.241
5,200 23,400 7.200 3,200 39,0(0
4,000
4,C00
1,500 17,200
3,900 2,600 9,200
3,000 10,0U0 13 000
'300 1,100
4,600
900
2i200
12,000
5,000 1,000
6,000
Orleans.
Oalveston.. ..
'
1
i::S
ON SHIPBOARD, NOT OLEARBD FOB—
New
»
«
.
1
THE CHRONICLE.
12, 1904.1
Nov. II at-
«
9
1
i
.
;
THE CHRONICLE.
'2\5i^
At the Interior Towns
movement— that
is the
the shipments for the
week aad tbe stocks to-night, and the same items for the
corresponding period of 1903 is set out in detail below.
receipts for the
week and
the
since Sept.
1,
—
c;'T'rDft*--
pen
g
11.
Sat' day
. .
Savannah
H
o
<»
9« 6
..
Oharlenton
Wilmington,
Norfolk
Boston
t
ft
9«
|'
oo
.
.
.
.
!
s
-5*0
-
53- "•
B as M
2*
I
;
3?
E
9 75
10-4()
10 50
Augusta.
8t.
Little
if^Xj 05
O V)^ i-i'D «o os'j' a» OP <k (^ ji bi ©To w "• o © -JosV- to cc"* ao
oit^©aoe>aoif^cococoOi^ic>oo»ooo5toai.4i->t3i-iHO-4'vi^>-<©(OCO©
Rook
10 50
9\
9U,«
9\
938
938
9»8
9%
9H
9Hi8
9%)
.
10-00
918,«
9",*
9^
Houston
ba
10 25
9-75
10-40
9»«16
91',,
913,8
gas
Pli,,
...
10 15
9\
9<^
i
LoulB
1025
97.
1-40
9^
911 e
Memphis
"1
9"i
9»i«
9''8
9'i"
10- 15
9-75
9B|)
9«8
9».e
91S «
1015
Baltimore...
Pbli2>delph'a
S > O y<»
9»if,
,
93(1
v%
i
9%
911,6
9ia®»ia
8»i>
0%
9%
9^
9^
9««
Mobile
.,
iIonday.\Tue$day.\Wed'day Thursday Friday
9^
^h
I
New Orleans
s
H
CLOBIMO QDOTATIOMB FOB MIDDLIHO COTTOH OH —
Week ending
(Galveston.
ft so
P?'
r*
-Jt-r
Quotations for Middling CJott'^n at Other Markets.—
Below are closing quotations of middling cotton at Southern
*nd other principal cotton markets for each day of the week.
Nov
p^^
5.S3cSgSBS|^rS&g|
Vol. Lxxix.
I
05'Vi'>-i
The closing quotations to-day (Friday) at other important
Southern markets were as follows.
©co3i->©35to<i<>>4aD<icowc;<ooaocooxcci(^aoMNi«)ca^>4©«co3
to
1^
to
M
kS
O
OD
J>l05_M<kul
C50c'l^O<lltk
9Sg
Atlanta.
«0 -» tC «« -< iflCi-'KI>O*>.t0t0l-'«e
05OMS>>-'
to
to W *>^ *-• i^
'x),»-co»)W«wit^-JOD*»a5coaoTo05tO(»ifk«j05M)ti.cooto*f-tocoate-j«J
0-.0'Or-a'*'l*»0«OOMCX)00 — OOCI«C*OODO^S(»«©^OtCX.-OO^OtO
05 05
tOl UD''i-Ob5'3X>-O50D05CO<lC^^aDOQ0O'^'-'a>ai^V0Dta C!-*-.© — <IX
ifi-\ e;ooe;<yiifc.h-tot5®-.3CJ>05w05Coxtoto»© ^ccco«>«q<j*>«0 35«<i»
05
Louisville
9'8
9 >4
.
Montgomery
9'«
Oolumbns, Oa.
Columbus, Mies
lf>-
Nashville
. .
9 >«
9^2
9i«
9a«
9'i
Natchez
Kalelgh
Shreveport
New Orleans Option Market.—The highest, lowest and
closing quotations for leading options in the New Orleans
cotton market the past week have been as follows.
to
00
05 pj-itOtOjUMtOIOJO
WtO_>-tO»M p^UVt
>'oto"— *'^'*-n«*»'y>©'<»CC0 »'o'tO<100 0-0*'CoVo"-'05lfk
OO©l^©O>]C0Oi©C;<©9<Si.C0a5^Vu..^05Oin<ia>i(^MC0W©t0©
Safday,
©CClF>'COC>aOUi|^©^©-v|i(^©lF>.«l»'©3|^tO-£l^05©CXltO©^a50t3ra
Nov. 5.
Monday, Tuetday,:Wed'dav,\Thur$d'y Friday,
Nov 6.
Nov. 8.
Nov. 9
Nov. 10. Nov 11.
i
^i-i*
tOMMCO
ro
*k to 05 <I_Oi CO Ot »_-4 pD !(>•
NOV'BI'.K—
J«
o » boVo ui © Voloos od'mVi w H'"©Ic ©ac<i m weo'-^^'a ©'3 C5'mVj — V-'io
x-eoteo«i^cw©e9co<<iT«]c^tD»-'..(jooteoo«ii->-gifc«a»->^te»o©
>£l^tOlf^3:V>JlMt03:©C0t0©©<l©C0aXl^lOl-i>J^(BCOh-t5«)'CO5S
Range
-*
;
»<»-~lr>C;i»«^>4-JC005lF>'CI<lf'lF>'t0C0©©O05lfkCniP>'p'<qiN9a05'^«CC©O
Closing..
Mabch—
10
-•
lo
OD
»-
to
Range
— t- 01 CO to to cxM to to 00 i-'Cots^<>.iti'H-o:to>W)-i
coifc.
COM
© ®if-«wxp^*'»3top__>- — ©*^— ptp — o<r--Ja_^._t0l^ppD»J^-JO0t/^^
w ^Vku'©toV.'bi'^xa)b5©«©«'«<©'i-'-i-~l©l(^QDO>»'-ji«>MW
to Ki05©lf'tvl-'>-05©O:if>-C»O5C0'»""eo»-©XM^t0Ni©ur)©W^-J>C^>->-©
Closing..
Mat-
Range
O|O0O5-JWXf-©JOtO©XtO*'Ji4X©Xt-'i-»-«>Xt0t»©W0;ti05 35<jatW
03
-
-
-
..
Closing..
OKB—
(-1
M o'^po3WtO|^c;<_"-tsp 5**'i^.i^50W ooM*».pD
-Ji;jow<ico
<>Vao>^«<xo5ts»'bM'«M©*ow©alo'-Jco*-'t MC»a)OCoV»<ioo©
Spot...
Optlons
Vji
i>3l©to©a©u<©i->r'noa5xcn©05a5©c;(05©to<»xco-4touoh-iibcif>'to>o
^|»0©«ll^©©05©<l05 3tO©r'r-'IOCCOtOXC;>0»OCl9X©«1Xl(^tO©tOtF^
slot
eoppppoiM wp <ip M
c;!
^
ooVi'h-'cototii'c^o:
!
.*
wco'-qw
xi^<j»jwxc*'0«jo><jaxoivio5o>-wi-«co'~oi»oi05WM»o*-ao'
o
CO*
too3C^if'MXi(i.cowi-'i-'i»ki^03<j»oi©Xf-«<c;<©p-'<JOi-ax~iJ>it^if'«a»i
I
o
1
The above totals show that the interior stocks have increased during the week 47,656 bales, and are to-night l'^4,9i0
bales more than same period last year. The receipts at all the
towns have been 70,387 bales less than same week last year.
Overland Movement for the Week and Since Sept. 1.—
give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Nov. 11 and since Sept. 1 in the last two years are as follows.
We
1903
1904.
November
11.
Week.
Since
Week.
Sept. 1.
Since
Sept. 1.
29,392
209, 67
4i-St7
137,706
3,523
327
729
11,R66
1,«28
7,624
4,579
shipments—
Overland to N. Y., Boston, &o..
Between interior towns
Inland, &o., from Soutb
7.876
50,862
Total (fross overland
14,701
8,7*9
37.342^
21,418
6.682
17,115
J
725
1,8-15
564
Total to be deducted
Leaving total net overland'.. 46.283 187,649
Including movement by rail to Canada.
979
:'98
7.581
2.5?4
11,976
22.084
40,977
116.622
this year has been 48,283 bales, against 4 ',977 bales for the
week in 1903, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 7a,0ii7 bales.
1904.
Takings.
Week.
1903.
Since
Week.
Sept. 1.
Since
Sept. 1.
Receipts atport« to Nov. 11
Net overland to Nov. 11
378.767 3,4'>6,575 449,297 2.841,441
46,283
187,649 40,9 -7
115,622
Southern consumption Nov. 11.. 42,000 4'J1,000 42,000 411.000
Total marketed
4f)7,050 4,044,224
Interior stocks In excess
47,656
532,662
fi
a 2 9.74 3,368 066
52 72R
398,3^0
Came into
sight during week. 514,706
685,000
Total In sight Nov. 11...
4,5'76,886
3,766,446
North, spinners' tak'gs to Nov. 11
Movement
Week—
1902 -Nov. 14
1901— Nov. 15
1900-Nov. 16
1899-Nov. 17
87,477
630.053
65,078
413.914
pletion in
444,52»
435,474
397,910
Since Sept.
1—
1902--NOV. 14..
leei— Nov. 15..
1800— Nov. 16
1899-Nov. 17
9-88-94 9-98- 06,
993--94 1004 •05
99 1-09
9-99-06 10^11--19
10-C5-06 1015-13j
9-80-90
9-84--86
1005-19
Stead V
Steady.
9-88--96 9-96--08
9-94- 9 10-01-02
991--92
Steady.
Steady.
10 00-08 '1OI2--I9
10 03- 05 10 08- 07 10-13-14
Easy.
Quiet.
Steady.
Steady.
I
Steady.
Steady.
advices by tele-
some
sections
Oalveaton, Texas,— It has rained on two days of the week,
the rainfall being six hundredths of an inch. Avtrage thermnme'"er 61. highest 78, lowest 44.
Fort Worth, Texas
have had no rain during the v<eek.
Freez-* on one day. Tbe thermometer has averaged 58, the
highest being 76 and the lowest 30.
Faleatine, Texas.
Freeze on one day.
have had no
rain during the week. Tae thermometer has ratDged from 83
—We
—
We
to 78. averaging 55.
t-an Antonio, Texas. — It ha? rained on one day during the
past week to the extent of one hundredth of an inch. The
the lowest 34.
Columbus, Mississippi— Dry all the week.
55, highest 70, lowest 40,
Average ther-
—We
Leland, Mississippi
have had rain on one day during
the week, to the extent of five hundredths of an Irch. The
thermometer has averaged 55 '8, the highest being 77 and the
lowest 34.
Vicksburg, Mississippi. —We have had no rain the past
week, The thermometer has averaged 58, ranging from 37
New Orleans, Louisiana.— D :y weather has prevailed all
the week. The thermometer nas averaged 63.
Shreveport, Louisiana.— Th ire has b«en no rain the past
week. The thermometer has ranged from 43 to 79, averaging 61.
Little Rock, Arkansas.—
have had no killing frost yet.
Picking is making good progress. No rain all the week.
Average thermometer 67, highest 73, lowest 89.
Helena, Arkansas.— Cotton has not been killed, and with
fine weather picking is progreesing well.
No rain all the
week. The thermometer has averaged 54 6, the highest being 73 and the lowest 38.
N'lshville, Tenne.Hsee.—R lin has fallen during the week, the
precipitation reaching twenty-seven handredths of an inch.
Ttie thermometer has averaged 51, the highest being 67 and
th** lowest 84.
We
Memphis, renntss(!e. — Picking and marketing continue acWe have had rain on two days of the week, the precipitation reachiog nme hundredths of an incb. The thermometer has ranged from 40-3 to 70-6, averaging 55-3
Selma, Alabama.— Iz has been dry all the week, The thermometer has averaged 69, ranging from 43 to 71.
Mobile, Alabaina. —Weather in the interior dry and cool.
tive.
into sight in previous years.
Bales.
4fi4,523
9-73-82
977--79
9-74--75j
to 75.
The foregoing shows that the week's net overland movement
In Sight and Spinners'
9-74--92
graph from the South this evening denote that quite generally the weather has been favorable during the week, there
having been litUe or no rain. The work of picking the crop
has consequently progressed rapidly and is approa hing com-
mometer
Dediiet
2,493
9 72 82
9-75--76
4R,563
46,802
20,707
14.641
1,768
1,959
2.413
9,374
78,515
63.745
5,975
9 69-70
thermometer has ranged from 40 to 83, averaging 61.
Corpus Christi, Texas -We h^ive had rain on one day of
the past week, the precipitation being six hundredths of an
1,776 inch. Average thermometer 62, highest 78 and lowest 46.
Taylor, Texas.— There has been no rain during the week.
7,718
5,455 The mermometer has averaged 57, the highest being 80 and
Shipped—
Via 8t. Lools
Via Cairo
Via Rook Island
Via Loulavllle
Via Cinolnnatl
Via other routes, &o
o
9-64--72
9-66-67
m
9 70--72
9-66-'83
9-77--7bt 9^S7-^88
9-64 66
Weather Reports by Telegraph.- Oar
UTMMl-itO
l-'t-'H'l-'l-'M
05
o C5 ©_«-• 05 AM top M t-ap-v<<sackop^0D
© xbiVixxloMcc CO <itob5©©'-JU'00<05 o:
—
--65
9-61-63
9-73--75
.
COeot005>}05
©05'1>X
V-o<'>-'rf^w05^ja-aMwl^'VxoV-OH'ec<i» — otoeo<i#'<i'*> j'b'')(;©
*to«<co*»oiif>.-j»05x — o«xo5;^e'^o:cniy^)f> »«• — ©©©*(*'©*>
V
-
Dkc'bek—
Range
9 63-69 9-73- •81
Closmg.
9 68-69 9-78 •79
Jan'ary9-72--78 9^«l--&0
Range
I-
CO
..
Closing..
Bales.
...
...
4.126,205
3,84S,82l
4.02 ,318
3,786,768
-
Nov.
^
1
THE CHRONICLE
12, 1904.1
Cotton picking has made good progrees on lowlands, and is
Hearing comt>letion in moat sections. Will be finished gen
erally ab( nt Dr-cember first. No rain here daring the week.
The thermometer has averaged 61, ranging from 42 to 75.
Montgomery, Alabama.— Dry weather has prevailed all
the week. Average thermometer 58, highest 73, lowest. 42,
Madison, Florida.— It has been dry all the weeJr. The
Ihermometir has averaged 55, ihe highest being 70 and the
lowest
1
Manchester Market.— Our report received by cable
to-night from Manchester states that the market is firm for
yarns and steady for shirtings. The demand for both borne
trade and foreign markets is good.
give the prices for
co-day below and leave those for previous weeks of this and
We
last year for comparison.
1904.
40.
Smyrna, Qeorgia.-We&theT very favorable for harvestiog
crops. We have had rain on one day of the week, the ratnAverage
fall being thirty seven hundredths of an inch.
Oct 7
thermometer 51, highest 67, lowest 37.
" 14
" 21
Augusta, Georgia.— There has been but a trace of rain the
" 28
past week. The thermometer has averaged 56, ranging from
Twist.
d.
1903.
8^4 lbs. Skirt- Cotfn
ings, common Mid.
to finest.
Uplds
32* Cop.
d.
'a»988
8.
d.
8.
d.
8'8
888
5 11ia09 3
»9a9 5 11i9®9 3
S»fl
6
6
agi* 6
®9i4 6
838
Nov. 4 838
•'
11 3»«
88 to 72.
2I51>
99^
99%
«9
"jg
®9
3
3
3
3
8I4 lbs Shtrt- Oott'n
ings, common Kid.
32« Oop.
Twist.
d.
d.
Uplds
to finest.
d.
8.
5 62 8il,j®9i4 6
5-.=.0 811,6»9'4
6
536 8»« '99^ 5
5 32 81a aOifl 5
544 SBg 39H 5
5-4^ 8% «95ie 5
d.
d.
d.
-as
Ot
1^
lie
5-':
5
as
®8
®8
5 80
5-94
11-
5
-as
11
5-74
5-94
6
6
5
8.
4
99
5 ®8 11.. 614
Savannah, Oeorgia.—We have had rain on two days of the
being four hnndrir'dths of an inch. Average
uomestio bixpoKTS OP Cotton Manufactures. We give
week, the rainfall
oelow a statement showing the exports of domestic cotton
thermometer 61, highest 74, lowest 46.
manufactures for iSeptember and for the nine months ended
Charletiton, Smith Carolina.— The week's rainfall has been
one hundredth of an inch, on two days. The thermometer Sept. 80, 19(j4, and tor purposes of comparison like figures
for the corresponding periods of the previous year are also
has averaged 61, the highest being 73 and the lowest 47.
Stateburg, South Carolina.— Restvy frost on low grounds presented.
on Monday. Tnere has been rain on one day of the week,
Month enMnt Sept. SO moi. ending Sept. 80.
to the extent of fotty-sevtn hundredths of an inch, The OuanMtiM of Manufactures 0I
Ootton {colored ani uncolored)
thermometer has averaged 57, ranging from 89 to 78.
ieo4
1908
1904
Exported to—
100.1.
Oreemvood, South Carolina.— Rskin has fallen on two days Onited Kingdom
388.1.
yards
1,460,024
3.36M,608
of the week, the precipitation reaching eighty hundredths of France
42 408
'3 07',
""b'.bsk
701! 8
178.168
an inch. The thermometer has averaged 67, ranging from Qermanr....
ISM.Ul'.
79-; ,911
11«,U0<
Other Europe
1,474,678
—
'
'
47 to 67.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named, at
8 A. M. Nov. 11, 1904, and Nov, 13, 1903.
British North America
Cent'l America & Brit.
673 8 4
Honduras
Mexico
Cuba
Other West Indies and Bermuda.
Argentina
Colombia
Venezuela.
other South America
Chinese Empire
British Bast Indies
Above aero of gauge.
Above lero of gauge.
Above zero of gauge.
Above zero of gauge
Above zero of gauge.
Memphis
Nashville
Shreveport
Vickaburg
HonK KouK
Since
Week.
Bombay.
102,000
25,000
Since
Week.
Sept. 1.
Week.
Sept. 1.
16,000
/Since
Sept. 1.
65.000
41,000
9,000
Since September
For the Week.
Great
Britain.
Total.
Britain.
Continent.
1.
Total.
Bombay—
1904
1903
1902
1,000
i',000
i",oo6
1,000
2,o'6
2,000
2,606
3,000
24,000
22,000
3,000
26.000
24,000
1904
1903
1902
i',060
1,000
3.000
5,000
6,000
3,000
5,000
6,000
2,000
4,000
l.COO
2,000
4,000
1,000
24,000
22,000
21,000
24.000
22,000
21,000
i'ob'o
1,000
Madras1,000
2,606
1,000
2,606
aU-
1904
1903
1902
i'flib'o
2.000
1,000
4,000
2,000
1,000
5,000
2,60*6
2,000
32,000
55.000
60.000
32,000
57,000
52.000
Albxandria Receipts and Shipments op Cotton.—
Through arrangements we made with Messrs. Choremi,
Benachi & Co., of Alexandria, we now receive a weekly
cable of the movements of cotton at Alexandria, Egypt.
The following are the receipts and shipments for the past
week and for the corresponding week of the previous
two years.
Alexandiia, Egypt,
November
1904.
9.
1902.
1903.
Reeeipli (cantars*)-
This week
290,000
1,954,881
Since
This
week. Sept. 1.
Exports (bales)—
340,000
2,256,006
335,000
1,595,225
BlnoeSept 1
This
Since
week. Sept. 1.
<
10279.616
17,6a8.210
1^,978.657
1,7C 4,095
2,l:^l I5r
)3l.U«'
1.921.40
i3 ,«?'
7;6.4<:-
9,e96 851
13,0*v).4 9
1,646,16.^
6 9^9,121
39* ,94^
«,616,76"
38,> 4(
10,.s^«,7^4
4,60*. a70
I
7<h,3a
546
4.m6 3
3.H
8,3 ;,fc5
7id.i»<
7.0 ;
.8
187. 7 .96
3 524
061;
I'ii.iai;
3,V>9t),068
21,^04,608
978,676
7,46«.168
7,0', 2,380
15 8. 6,677
9.2)9.306
4,047,460
167,966,870
6,1 51.189
531,686
23,l.t
5',')77,79^
s;46.6.
173.t>iii
4.2 a,7b7
3,828.037
806
Hit.
4,^0J llM
8,4«3,t)
3k<6,9l>
17.45rt.t-6(
li.e2
4.702,461
488,561
9
2,870,t161
29,^99,^,'^5
4.868.< 99
818,840
other countries
ae .8- 2,485
Total yards of abOTe...
36,b6/S.i!4
t^,l«iO 6t
t9il8.4b
«-teo
9'057.
9-(
IIOO.-8
977,f8c<
9987.52
97 4.384
8.lf:
lO.ilir
77.7.'^
6 t
91.98
00
8.68
631,3-0
67,669
10.978
955,037
28,734
68,^08
1,686.391
00,782
816,b40
1«7,681
Since
This
week. Sept. 1.
lfl,."416.88')
853,1 51' ,«7>
(15,3^6,69:
«0f
Values of other Manufacture. of
Cotton Exported to—
Cnlted Kingdom
Belgium
France
81
62
N eth er ands
Other Europe
British North America
e»-.
America
Mexico
Cent'l
.it
Brit.
F,8l.
184.&II.
Honduras
2^4M
]2.'>4
eu.'.^3(
le^,76
1,904.5";
h7.72
Brazil
Chill
87.7t<'i
4 33.ll!»'
47. 10
46
OM
898,4; 1;
3S,0«
10.70
Cuba.
other West Indies and Bermuda.
Argentina.
20,77^
2B9,7lf.
li6,H1i
184, b9
2,6 f
S8.t3'
6t
lr^0.4r
9.2-b
1. 2f
^.ll^
...
8,:
88.6"!
5
8.43
7.076
4^b
British iCast Indies
1.661
47.Me4
British Australasia.
Philippine Islands
7.3»'
Other Asia and Ooeanlea
10.7il)
British Africa
All other Africa
17,01
lei
other countries
8
Tot. value of oth. mannfaet's of.
Aggregate val. of all cotton goods
IHei.gTH
9aBl2.4H
19 82
6.V45
80,7(1
).9"<
48,47.
3.608
16,4
9(1
17.0 '1
1.87i
4,w99
8.lie9
8
I
7
>l
VlSl.'iOl
1
72.67
18.47
i.boi
Veneiuela
Other South America.
Chinese Empire
Hong Kong
1904
1903
1902
All others—
1904
1903
1902
».«!!'
x4,08
Colom bla.
Calcutta
Total
3
British Africa
All other Africa
I
Great
Continent.
415 &K
l.VfcS 40
1 99 .i»
Germany
Msports
fnm —
37.3.
607,J.£:
Other Asia and Oceautca
fi.857.ni 6
l.:0rt,8
Total values of above.
Value per yard
1902.
1903.
1904.
4li7.'3t>
60S.I19
British Australasia
Philippine Islands
—
at—
1.7ai.44i
1,3 6 6.V
20,8«5,.t0
Japan
India Cotton Movement prom all Ports. The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Nov. 10 and for the season from Sept. 1
to Nov. 10 for three years have been as follows.
Seeeipts
<4 Olli
]9i,'<!6.
830,7(-4
l.lnO.SOi
l,zl3.Soi
60o,93';
Brizil
Chill
New Orleans
2
l(i,04'
2H,ttS^
5M,7lf
125.083
IO8M
6.830
»,l!lt
116,150
1
1,941
18.495
80,448
21,781
b8,lll
22,099
7.488
88,700
298.007
S3,7o6
7^,S60
17a.'84
11.746
7.171
t6 6«>' 9D.9-8.8ai 95.6lO.4i6
11 5S» R'l 921.316 02 981 938.747
Egyptian C rop.— Messrs. Caortmi, Benaohi & Co. of Boston, and Alexandria, Egypt, write under date of Alexandria,
October
22, as follows
with the oontlnned enpport of the epeoniatlve element, our market
contlnaeH Bt< ady, and fa' ares, kfter slUht flaotuatlonH, closed firm at
last week's olot lag prices. The reason is always to be found In the
general impression on the Exchange that the crop Is a poor one and
that the oattarn will eventually be t^ millions or even under that
flgurp. Whether this Imoresslon will prove correct or otherwise It Is
:
too early to determine, but the fact Is now patent that the ar«t picking
on the other hand promises to be a larger one, while the top crop looks
damaged and will be smaller. We so far are not of opinion that the
crop will tnrn out a quarter to half a million canrarm uuder that of
last season, which was H,50u. 000 oartars, as there is time yet for Improvement on the second picking and top nrop in the nortbero part of
the Delta, arrl the increase of soreafe in Upper E<ypt is eipeoted to
yield 200,000 to 2^0,000 cantare more than laRt year. Owing to the
absence of statlstlos. It is dilli mlt to form a reliable oplnloo on the increase of acreage, but we tulDk that the high prices of past reasons
will have encouraged planting in Lower Fgyptas well. Against these
argaiiients we have the damage done by worm', and the damp weather
of October which did some harm to the plant, and a smaller outturn In
i^ t<> 3 per cent below that of last
ginning, which we calculate at
eeason, and this alone on an average crop of • '4 to 6^ millions would
make a difference of 170,000 to 200,<'00 cantars. Taking all these
lacts hito consideration and the possibility of Improvement In the
second and thltd pickings, we are of the opinion that the chances are
for a crop nearer i ^2 than d^ millions, although, we repeat. It is too
early jet to form a correct estimate.
'<
To
To
To
To
*
Liverpool
ill,500
Manoheater
Continent
Amertoa.
Total exports
A oantar Is 98
13,000
1,500
9,250
6,250
1
0,2.'
2,250
49,198 11,712
25,360 9,S72
59,703 13,162
4.276
5,185
6«'.048
33,809
64,815
16,474
126,000 130,446 28,000 139,446 39,022 183,146
lbs.
New England Cotton
from
43,418
22,424
57.255
7,349
Fall River that
Monday
Mill Situation.— It
is
announced
manufacturers are preparing to start
JuTK Crop of Bengal.— J^Vraal Forecast for 1904.— The
Department of Land Records and Agric ItU'O o( India issued under date of Darjeellng, b'ept. 19, the following sum-
mary of the final jute torecast for 1904
November 14.
ExPLANATORT.—Retnrns were received
Jute Eutts, Baooing, Etc.— The demand for bagging tilotsbeiwet-n i2than(l 18th Heprember. from oolleotors of 26 dlsduring ihti pnet week has been very quiet, but prices are unArba Under Cbop in 1904.— The collectors return an area of 2.-
the mills on
next,
changed at e%c. for 1^^
graii<8
lb?, and 6;gc. for 2 lbs., standard
Jate bntts very dull at \%(&\%c. for paper quality
and 2(82J^c. for bf ggii g quality.
89^, •00 acres under crop.
Pbobpkcts or tiik Crop— Owing to untimely and excessive rain
the ooliectofb' estimates are on the whole lower and work out to 76
per cent, as against 81 per cent in the ttrst forecast.
.
.
.
THE CHRONICLE.
2160
Ebtimatbs of Oottdrn.— I am of opinion that the arna nndor crop
does not fxoeed 2,850.< OJ aor«8. AllowtDK for thfl tonrtenoy to undereitliiJHte. an outturn of 85 p. o. In 2,830,000 aoren may be expncted.
GaloalaMutir 3 bales to the acre aa 100 p. o., thl6 represents 72S^ lakliB
of bales [7.267.500 baleB],
Not Included In the above are: From Coooh Behar, 86,000 bales;
halee; from Nepal (fr.im average of two years'
from ABHum. 46,0
Import recarnH). 3S,000 bales; total, 120,000 bales. Stooks of 1903
very low Indeed.
are reported to be
News.— As shown on
a previous page, the
exports of cotton from the United States the past week have
reached 202,007 bales. The shipments in detail, as made np
from mail and telegraphic returns, are as follows:
Shippinq
Mbw
Total balei.
Celtic
York—To Liverpool, persteamere Oedrlc, 103
(additional). 300....Georglo, 1,770
2,173
To Manobester, per steamer Terence, 903 upland and 249
gpalKland
1,152
1,106
To Hull, per steamer Consnelo. 1.106
275
To Oopenhapen, per steamer United States, 275
2,700
To Barcelona, per steamer Baenos Aires, 2,700
1,520
To Naples, per steamer. Nerhar, l,f>20
Hew ORLEANS To Liverpool— Nov. 8— Steamer Matador, 7,147 7,147
2,038
To London Nov. 5— Steamer Calif ornlan, 2.0 18
To Havre-Nov. 5— strs. Callfornlan, 3,800; Syria, 3,811.. 7.611
11,062
To Bremen— Nov. 9— Steamer Castano, ll.oe^ri
4
To Hambur?— Nov. 5 Steamer Syria, 4
100
To RotterOam— Nov. 5— Steamer Tbemlsto, 100
To Genoa- Nov. 10— Steamers Dlnnamare, 8.033; Onton-
9,324
6,731
To Gothenburg- Nov. 5— Steamer Zingara, 200
To Reval Nov. 5 Steamer Zingara. 1,200
To Riga Nov. 5-8teamer Zingara, 150
-.
To Oporto— Nov 5— Steamer Zingara, 200
Brdnswiok— To Liverpool— Nov. 10- Str. Lord Antrim, 9,548.
To Manchester— Nov. 5-StPamer CalrnKtrath, 6,028
Wilmington— To Liverpool— Nov. lO-Steamer Anglo-Cana-
2oo
1.200
160
200
9.^48
6,028
770
6"0
2,> 50
2,500
658
1,201
Portland. Ore.- To Japan— Oct. 26— Steamers Arabia, 1,650;
3,482
202,067
Aragonla. 1,832
Total
The particulars of the foregoing shipments for the week
arranged in our usual form, are as follows.
Great
4,431
N. Orleans. 9,185
Galveston. 63,413
French Qer- ^Oth.S'rope^ Mexico
ports, many. North. South,
t&c,
Japan,
275 4,220
100118.160
7.611 11,066
8S0
3.736
6,737
Savannah
Brunswick 15.'>76
WllmVt'D 15,783
9,324
20U
200
Norfolk...
Boston
"77b
Baltimore.
1,550
1,600
17.811
15,676
5".7a9
'"."."
2,650
Phli'delD'a
.III".
Total.
8,<'26
42 722
82.774
355
3,747" 9.048
155
Peneacola
21,52v:
450
4^0
658
670
"V.V.
2,500
1,440
6,150
668
San Fran..
Portl'd. Or.
Total. ...121,15b 11,347 23.720 11,861 26,828
The exports to
.iapjixi
alnce Sept.
bales frou> Pacific ports,
Cotton freights at New
1,
2,270
1904,
1,201
1,201
3,482
3.482
4,683 202,067
aave been
24,523
York the past week have been
as follows.
Weane$. Thurt.
Tueu.
139 15
131a
25*
13i«
13ifl
13ifl
ISifl
25*
25*
25'
25*
.e.
20
e.
20
16
20
20
20
20
13
20
20
20
20
13
..e.
Manchester
c.
Havre
Bremen
c.
Hamburg
Antwerp
c.
Ghent, V. Antw'p.c.
Beval, Indirect.. e.
Beval, via Canal.e.
Barcelona, Nov..c.
18^15 13«15 13^16
''
13
201a
26
28
Oeno*, Nov
e.
20«25
15018
200 25
15»18
Trieste
e.
23
23
13
20i«
26
28
20 >•
26
28
21ifl
26
28
t
23
(via Saez).e.
28
23
23
•
* And 6 per cent.
lbs.
Liverpool.— By cable from Liverpool we have the following
tatement of the week's sales, stocks, &c., at that port.
Quotations are cents per 100
Oct.
week
21
Oct.
28
Nov.i.
Nov. 11
bales.
exporters took. ..
speculators took.
46 000
40 000
46.00C
1,000
2,000
1.000
1,00c
1,000
Sales American..... ..........
37,000
6,000
83,000
262,000
205,000
190 000
172,000
411.000
389.000
S3 000
46.006
2,000
76 000
303,000
251,000
128 000
115,000
40,000
9 000
67,000
371,00t
Sales of the
Of which
Of which
Actual export
Forwarded
Total stock— Estimated
Of which American- Est'd.
Total Imoort of the week
Of which American
Amount
afloat
Of which American
630
6-40
5-44
5 46
6 38
5 42
6.000
8,000
7,000
7,000
7.000
7,000
300
600
300
800
300
500
Sales
8peo.
& ezp.
S88O0O
856 000
6.00(
90 000
324 OOC
164 000
156.000
384 000
3^9 OOC
49,000
867
323
73
60
449
399
000
OuO
000
000
000
000
Fair
Moderate Moderate
demand demand,
bnslnesi
dolnit.
Futuret.
jteady
Market
Market,
4 p. M.
at
Steady
(
Steady at Steady
at
8 pta.
5 pt8.
deoiine.
opened.
advance.
'
'
al
Qnlet at
1(32 pta.
Ipt.
advanoe
tdThnor.
i pts.
decline.
Qnletat Veryst'dy Very st'dy Br'ly st'dy Veryat'dy Quiet at
4®a pti. 6^8 pti. iittH pl8. 3(H pti.
3 DtB.
2<^3 pU.
deollne.
advance advacoe. decline.
decline,
advance.
I
I
^
Dnil.
nnch. to
adv.
1 pt.
'
I
The
prices of futures at Liverpool for each day are given
Prices are on the basis of Uplands, Good Ordinary
clause, unless otherwise stated,
The prieet are given in pence and 100(A. Thu$: &-28 meant
5 28-lOOd.
below.
Cy
Sat.
Nov. 5.
ITIon.
Nov. 7.
Taea.
Wed.
Tbars.
Frl.
Aoo. 8
Nov. 9
Nov. 10.
Nov. 11.
I2ia
1 I2I1 4 12ia| 4 121a 4 121a 4 12ia| 4
P.M. P. H. P. M. P.M. P.M. P.H p. M. p. M. P.M. P.M. P.M. P.M.
d.
d.
d.
d.
d.
d.
d.
d.
5
Nov.-Uee.... 5
Dec-Jan... 5
=>
Aug.-Bept
d.
d.
I
5 28 6 31 6 34 5 36 5 37
5 26 6 29 5 32 6 36 5 38
6 27 5 30 6 33 5 35 5 8f
5 28 5 31 8 34 5 36 5 37
5 29 6 33 5 36 5 37 5 39
5 315 34 5 37 5 38 5 30
5 325 36 6 39 5 40 6 42
May- June... ^38 5 33 5 37 5 40 6411 6 43
5 34 6 34 5 37 5 41 5 41 6 43
June- Inly.
Jnly-Ang
5 33 6 33 6 87 5 41 6 42, 6 4i>
28
26
27
J an. -Feb ... 5 28
Feb.-Mch. .. 5 30
30
Mch.- April.
5 32
April- May
November..
5 38 5 34 5 30 5
4 36 5 32 6 28|5
5 37 5 32 5 28 5
5 38 5 34 5 80 5
5 40 5 36 6 3215
->41 5 87 5 33 5
5 43 5 39 5 35'5
5 44 5 40 5 368
d.
d.
.13 8 38
29 58l'531
2h 5 31 5 81
81 5 33 5 33
33 5 36 5 36
34 36 5 36
36 5 38 8 38
37 5 39 6 40
5 44 5 40 5 36 8 37 5 39 6 40
5 44 6 40 6 36,6 87 5 89,6 40
31 5
.^
.
Sept.-Oot...,
BREADSTUPFS.
Friday, Nov.
11, 1904.
Prices for wheat flour have shown a tendency to harden,
based on the stronger turn to values for the grain. Many
buyers appear to have their wants for the present fairly well
covered; bevertheless business for the week has been moderately active and during the past few days slightly higher
prices for most grades of both spring and winter- wheat flours
were p-iid. City mills have had a moderate «ale at a full
basis of values. Rye flour has had a fairly good sale and at
firmer prices. Buckwheat has been in moderate demand and
steady. Corn meal has been firm at unchanged prices.
Steculation in wheat tor future delivery has been slightly
more active and there has been a moderate advance in prices.
Early in the week the large world's exports to Earopean importirg markets had a temporary depressing iiflaence upon
values. Subsequently, however, there developed a decidedly
better undertone. Advices from the interior reported that
The condition of
the movement ot the crop was decreasing.
the new winter-wheat crop was not favorable, due to lack of
European advices during the latter part
sufficient moisture.
of the week were stronger, due, it was understood, to the
news from Argentina, it being
favorable crop
lees
understood that wet weather was interfering with the
harvesting of the wheat crop in that country. One authority
in commenting upon the growing winter crop in this country says that dry weather has retarded, and to some extent
injured, the growing wheat crop, but not enough to sufficiently disturb its generally favorable position.
The spot
market has been firmer but qaiet. To-day the market was
higher on reports that the Russian exports of wheat are to
bd restricted. The spot market was firmer.
OAII.T OlASIMO FRI0E8OF WHBAT FITTIJRSS HI NE1¥
tri.
Sat
Mon.
Tues.
Wed.
Thun.
12l\ 128ie 123ia
No.2red winter, f.o. b... n9»8 12(89
YORK
Dec. delivery In elev.... 117i«
In elev
113
elev
J uly delivery
11788
llSSs
102ia
DAILT OLO8INO FBIOBS OF
WHEAT
May delivery
201s
26
20925 20®26 20926
15918 15918 15018
!
1
Javan
i»Vt.
18® 15
Liverpool ..
Mid. Upl'ds,
Fair
bnslneis Moderate
demand.
dolDK.
450
Baltimokbi- To Liverpool - Nov. 4-8tr Templemore, 2,C50...
To Bremen— Nov. s<— Steamer Brandenburg. 2.500
Philadelphia- To Liverpool -Nov. 4— Str. Frlesland, 658
Saw FBANC180O— To Japan— yov. 9 Steamer Doric, 1,201
Brit'n.
Unlet.
15,783
5,739
dian 15,783
To Ghent -Nov. 5-8teamer David Mainland, 5,739
Hobfolk— To Antwerp- Nov. 9— Steamer Nordkap, 450
Boston To Liverpool -Nov 4— Steamer Sylvanla, 120
Nov. 9— Steanner Canadian, 650
To Yarmouth— Nov. lO— Steamer Prince George, 670
York.
Sat'day.
55,38'?
Manchester— Nov. 5 Str. Maria de Larrinaga, 10,027.. lo,027
3,736
Havre— Not. 9 -Steamer Jamaican, 3.736
830
Hamborg-Nov. 9— Steamer Wondbrldge, 830
3,747
Antwerp— Nov. 6- Steamer Corby Castle, 3,747
9,048
Genoa— Oct. 31 Steamer Nordhavet, 9 048
155
Pehbjloola— To Liverpool Nov. 3— Sieamer Ernesto, 155
200
To Trieste— Nov. 5— Steamer Anna. 200
To Manchester— Nov. 11— Steamer Llncluden,6,737 6,737
Savannah—
To Bremen— Nov. 5— Steamers Aaohen, 3,593; Zingara,
To
To
To
To
To
Monday. Tueaday Wed" day. Thur§d'y Friday.
Bpot.
Market,
5t,
I
12:30 p..U.\
23,384;
Nov. 9— Steamers Jamaican, 4,306;
sorata. 11,688
Wynerlc, 16.028
New
The tone of the Liverpool market for spots and futures
aach day of the week ending Nov, 11 and the daily closing
prices 01 spot cotton, have been as follows.
13,160
1,600
ada. 5,127
To Mexico- Nov. 9— Steamer Norhelm, 1.600
GALVBSTOM-To Llvcrpool-Nov. 6 Steamers Iowa,
[Vol. Lxxix.
m
8at.
Deo. dellv. In elev
May dellv. In elev
July deiiv. in eiev
Mon.
112
112i*
lili«
97'8
111%
98
.
HoU- 118%
1191*
II4I2
114''8
120i«
lieis
I0i\
102%
103\
day.
FDTITBES OS
Tuet.
„„„
rf"""
*^*'-
OUIOAOO.
Wed
11338
112^8
Qb^
Thur$.
113%
HSis
98^
In.
114ia
114H
9938
Indian corn futures have been moderately active. The
feature has been a fairly sharp advance in prices for the nearby deliveries. Shorts have been steady buyera of December
delivery to cover their contracts. The weather conditions
in the corn belt during the latter part of the week have been
less favorable for the grading and movement of the crop,
and this created tbe buying movement from shorts. After
the close of business on Thursday the monthly report of the
Government Agricultural Bureau was issued. It placed the
yield of the crop at 2,453,000,000 bushels, and of fiue quality.
The spot market has oeen firm but quiet. To-day the mark^t was firmer on shorts covering. The spot market was
The sales for export here and at outports were
fairly active.
320,000 bushels,
DiLiLT 0LO8IMO PBIOES OF NO. 2 MIXXD CORM
Sat.
Oaahoomf. o. b
Deo. delivery In elev
May
deUvery in elev
Mon.
bU*
eaia
6656
Slia
57
51^
Tiu*.
tt„,,
^""
^^^'
lit
N KIT YORK.
Wed.
65
69U^
62^
Thun.
68
59ie
5238
Fn.
e8ia
6998
52%
:
XOV.
.
THE CHRONICLE.
12, 1904. J
CHIOAOO.
DAILY CLOSING PBI0B8 OF NO. 2 UIXBO OOiN IN
48»fl
Man
48\
4f,^
ff^e
8at.
Deo. delivery in elev
Mav
deliver^ In elev
Thurt.
SOJa
4638
46I4
Wed.
Tue$.
y.
Si^
g
^«"
4678
Fri.
5139
4679
°*y'
4634
45%
45%
46%
July delivery in elev
Oats for fntnre delivery at the Western market have beea
quiet and the changes in prices have been unimportant, the
tone of the market holdicg steady. The movement of the
crop has been only moderate, but with the full stocks on
hand and the large crop no attempt was made to bull the
market. Locally the spot market has been quiet bat steady.
Tc-day there was a steady market.
DAILT OLOBING PRICKS OF OATS IN NE^W^ YORK.
Wed.
Thum. Fri.
8at.
Hon. Tues.
Nom.
Nom. Nom. HoU3^^ Nom.
No 2 mixed In elev
Nom. Nom.
Nom. Nom. day.
37»«
2 white In elev
No.
DAILT OLOBING FKIOES OF NO. 2 MIXED OATS IN CHICAGO.
Sat.
Wed.
Ihurg.
Mon,
Tues.
Fri,
2878
311*
31i«
28 ''s
Deo. delivery In elev
May delivery In elev
Jaly delivery in elev
31
%
31i«
28%
day.
29
3II4
3II4
2914
SlHj
SlBs
Holi-
Si's
3lifl
Following are the closing quotations:
FLOUR.
Nominal.
Nominal.
Fine.......
Snperflne
Extra, No. 2
Extra, No. 1
Clears
$4 00 ®4 10
4 25 '©4 50
4 ."50 «5 40
5 35 ®5 75
5 75 '96 95
Stralghta
Patent, spring
Wheat, per bush—
N.Dul.,No. 1
White
f.o.b.l29ie
f.o.b.ligia
f.o.b.l23»«
to.b.l2ii4
34i«'935i3
36 -aiSd^
Nominal.
37>«®38»«
No. 2 mixed...
No. 2 white
Patent, winter
$5
City mUls, patent. 6
Eye tlonr, super line 4
Buckwheat flour.. 1
Corn meal-
75 ©S 15
60 -96 90
50 •95 00
90 ®2 25
3 10 ®3 15
3 15 '®3 25
Western, eto
Brandywlne
GRAIN.
Corn, per bush—
c.
0.
N. Onl., No. 2
Bed winter. No. 2..
Hard winter. No. 2.
Oats— Mixed, p. bush.
1
0.
Western mixed
No. 2 mixed
No. 2 yellow
""
"
No. 2 white...
Rye, per bushWestern
0.
67
f.
t.
.
State and Jersey....
Barley— West
Feeding
'ai68ifl
o. b.68ifl
o. b.71A9
f. o.
b.esifl
84 a>87
Nomloal.
53 ©63
40 @14
Agbicultural Department's Report,—The Agricultural
Department's report on the cereal and other crops was issued
November 10, and is given below.
Preliminary returns to the Chief of the Bureau of Statistics of the
Department of Agrtoultnre on the production of corn in 1904 Indicate
a total yield of about 2,453,000,000 baehele. or an average of 26-7
bushels per acre, as compared with an average yield of 25 5 bushels
per acre as finally esttmared in 1903. 26*8 bushels in 1902 and a tenyear average of 24-2 bnehels.
The following table shows for the twenty-five principal corn States
the prelloiinary estimates of average yield per acre, in bushels, in
1904, with the final estimates for 1803 and 1902 and the mean of the
averages for the last ten years
Ten-year
1904.
1902.
average
190S.
States—
Bushels.
Bushels
Bushels.
Bushels
32-2
38'7
33*4
Illinois
36-5
28-0
32-0
Iowa
32-6
307
25-6
20-9
Kansas
29 9
207
32-3
23-7
Nebraska
328
260
39-0
27-2
MlBSOnrl
262
324
24-2
8-1
17-8
Texas
22-6
33-2
Indiana
31-5
330
37 9
Georgia
li-7
119
90
10 6
23-5
21-9
Tennessee
25-0
2i-6
Kentucky
26-9
270
252
266
29-6
Ohio
32-5
380
33 6
8-4
12-6
Alabama
14-8
15'0
North Carolina
14-7
13-9
15-2
132
18-0
Arkansas....
20-9
21-3
21-6
The preliminary estimate of the average yield per acre of buckwheat
18"9 bushels, against an average yield of 17-7 buchels in 1903, 18'1
bushels In 1902 and a ten year average of 17-9 bushels. The average
for quality is 91"5 per cent, against 91'4 last year, 88lln 1902 and
93-3 iu 1901.
The preliminary estimate of the average yield' per acre of flaxseed
is 10 2 bushels, as compared with a final ef>tlmate of 8*4 bushels per
acre in i903 and 7*8 bu«hel8 in 1902. The average as to quality is
920 per cent, as compared with 84*9 one year ago.
The preliminary estimate of the average yield per acre of potatoes
is 110 4 bushels, against an average yield of 84-7 in 1903, 960 bushels
In 1902 and a ten year average of 810 bushels. The average as to
quality Is 93 4 per cent, as compared with 864 per cent one year ago,
ifO-i in 1902 and 78-4 in 1901.
The preliminary estimate of the average yield per acre of hay Is
1*52 tons, against an average yield of 1 54 tons in 1903, 1*50 tons in
1902 and a ten-year average of 1 35 tons. The average as to quality
is 92-7 per cent, against 91'3 one year ago, 85*7 in 1902 and 9VS
is
in 1901.
The preliminary estimate of average yield per acre of tobacco is 819
pounds, as compared with the final estimate of 786-3 pounds in 1903,
797-3 pcunds in 1»02 and a six-year average of 730-7. The average
as to quality is 89 5 per cent, as compared with 85-9 per cent one
year ago
The preliminary estimate of the average yield per acre of rough rice
is 32-1 bushels, against an average yield of 32-7 bushels in 1903 and
2;-3 bushels in 1902.
The average indicated yield per acre
number of years is as follows:
AVERAGE YIELD PER ACRE.
1904. 1903. 1902. 1901. 1900.
25-5
16-7
25-3
bushels. 26-7
2S-8
Corn
17-7
18-1
18-6
150
Buckwheat. .bushels. 18-9
84-7
96-0
65-5
80-8
bushels .110-4
Potatoes
1-54
1-50
1-28
1-28
tons. 1*52
Hay
7-8
8-4
bush. 10 2
- •••
Flaxseed
...lbs. 819-0 786-3 797-3
....
Tobacco
*..32-7
27-3
32-3
bush. 321
300
Bough rice
The
Total
Com
Bye
....
Total
20 6
264
1900.
Bushels.
2.105.102.510
522.229,505
809,185,989
68.925,833
23.995.987
637.>- 21,835
870,063,008
784,094.1»»
131.861.3P1
987,842.712
1S4.954.023
29.^63,416^
33,680.5»2
Indicated
Product'n.
Oatl.
much
748,460,218
736,808,724
109.932.924
S9,344.83(i
lower.
Pro-
Pro-
Pro-
Pro-
duction,
duction.
duction.
1901.
duction,
Bushels
Bushels.
1£04.
10-3
27'2
27-7
23*3
29'3
31*2
28*3
33-5
•1901.
Bushels.
following compilatioKs, made up from the yield per
acre, were crowded out of our issue of October 15:
The indicated yield of oats for the whole count^ry for 1904
makes the following comparison with the results for the four
preceding years:
OAT8 CROP FOR FIVE YEARS.
1903.
1902.
Bushels.
117.344,000
1O9.93R.O00
Iowa
Utnnesota
19 9
1902.
Bushels.
Revised figures; original figures
Illinois
26-9
Bushels.
Bushels.
1900.
98.626.762 163.460.428 112,681,903 183.642.884
85.178.000
84.133.944 124.738.837 122,30(.564 130.678,138
68,809,174 82.869.697 65,734.087 41.907.040
Wisconsin
86,730.(00
79.688.846
Kansas
17.458.000
45,194,000
26.011,763
21-5
20'3
31'7
33'8
28-2
Ohio
80.752,419
96,087,810
31,529.188
4H.409.791
16.266 000
17.401.783
27,816.166
39,76ft,000
165
Hlssonrl
Hennsylvanla...
34,682,883
42,478,000
44,684,812
46,036.182
52,982,6H0
Michigan
Nebraska
Indiana
North Dakota...
Sonth Dakota...
32,175,1
00
29.602,995
40.340.187
28,745.003
68,703.000
59.426.658
62.121.601
89,005.882
42,858 000
31,008,000
87,807.000
28.688.000
29,467.705
48.666.686
89.63^.022
81,846,000
29,437.402
23,676,548
27,267.194
24,100,844
19.664.461
32,476,013
20,807,861
61,971.552
43,063,948
40,340,634
24,696,873
38,000,872
44,538.974
33.689.680
37,778.578
44,868.036
6,299.284
12.663.366
28.278,232
83,655,656
New York
13,0e2.57H
81-6
United States
26-7
The general average aa to quality
24-2
25-5
26-8
la 86-2 per cent, as compared with
8S'l last year, 80-7 in 1902 and 76-7 In 1901. It is estimated that
about S 6 per cent of the corn crop of 1903 was still in the hands of
farmers OD NoTember 1, liJ04. as compared wlth.'i-2 per cent of the
crop of 1902 In farmers' hands on November 1, 1903, 19 per cent of
the crop of 1901 in farmers' bands on November 1, 1902, and 46 per
cent of the crop of 1900 in farmers' hands on November 1, 1901.
The indicated production of corn for the whole conntry
makes the following comparison with the results for
....
—The
201
34
•>•
4,059.848.000 8.827.317.766 4,350,1-8.647 3.157,086.687 3.519,879.770
14-7
286
Wisconsin
Pennsylvania
Minnesota.
Louisiana
Michigan
•
1903.
551.078.000
888.600,000
140.024.000
27.248.000
Oats
Barley-
124
Oklahoma
-.•
>••
Bushels.
2.463.0 0.000 2.244.176,925 2,528.64«,312 1,622.619,801
11-5
94
>
1904.
Wheat
220
213
24-8
17-3
75-2
1-55
Bushels.
Production.
18-4
10-4
18-9
24-9
25-8
28-2
36'1
22-8
12-5
1898
foUows.compirisoa being made with the preceding four years:
CROPS OF WHEAT, CORN, OATS, BARLET AND RYE.
218
28'1
82-4
28-1
29-7
1899.
25-3
16-6
88-6
1-35
total indicated yield of the various grain crops is as
191
South Carolina
South Dakota.
Indian Territory
of the various crops
for a
23-3
MlSBlssippl
Virginia
2l(U
Texas
66,647,381
17,832,410
35,217,878
10,197,746
28,049,587
Total
All others
786.082,000 684,666.587 884,638,123 646,807,476 722,898,241
108,418,000 b9,587.672 108,809,691 91,001.2«8J 86,827,748
Total U. 8
888.600,000 784.004.199 987.848,712 736.808.784 809.1 25,989
!
for 1904
the four preceding years.
CORN CROP FOR FIVB TEARS.
Corn.
Indicated
Production.
The indicated yield of barley for the whole country for
1904 makes the following comparison with the results for the
four preceding years:
Pro-
Pro-
Pro-
Pro-
duction,
duction.
duction,
Bushels.
1804.
1903.
1902.
duction,
1901.
Bushels.
Bushels.
Bushels.
Bushels,
BARLEY CROP FOR FIVE YEARS.
Indicated
Product'n,
Product'n, Product'n, Prodiicl'n. ProdueCn,
1900.
1901.
1902.
1903.
1904.
IfiOO.
Barley.
Iowa
880.219.000
Illinois
802.847 000
Kansas
Mlssoarl
142.991000
169.104 000
Nebraska
210.511.000
Indiana
Ohio
1*3.897,000
Texas
Tennessee
Kentaoky
136,703.000
99.e2'J.000
Pennsylvania..
Arkansas
Wisconsin
000
86,H16.000
80,81
297,686,018
230,284.B5(
372,438,418
222,806.621
198.026.713
305.859,948
264,176,226
61.508.034
163,870.630
202.839.584
172.379.532
142.580.88'
88.095,76-
264,832.606
252.520,178
66.436.376
109.141.840
210.4.10,064
171.332.142
87,763.641
163,200.800
121,608,612
80.813.302
140.750,733
75,283,77M
44.867,415
60.0.50.990
73,081.329
45.129,688
106,890.188
81,982,910
56.997,8S0
82.545.540
80.09.3.357
19,676,KH
69.207,224
63.658,426
90,665,012
42.426,849
61.003.830
82,707.9i0
Michigan....
18.702.128
45.225.917
40,021,162
Oregon
Ohio
36,193,814
33,82e,f6»
46.636.550
36,797.466
49,547.240
38.H88.460
229.218,220
2e4,0H7,4Hl
171,687.'>14
.000
48.33a. 000
48.212,>^63
48.t.'l
45,44 7.1)31
45.180.000
43.639.449
MlchlKan. ......
86.990 000
44.212.228
Minnesota
41.809,000
40.726.870
Total
All others
Tot.«l
tl.
8
180,710.404
31,794,708
1,8«3.3»6 000 1.791,707.327 2,186,482,776 1.179.257.728 1,791,530,629
589.t,0j.000
313.571.987
318.2fl2,183
452.460,698
397.225,586
2.45S 000 000 2.244.1-8.986
2.58'».fl«8..'»li>
I.52«.fil0.«»l 2.106.102,618
Bushels.
Bushels.
Bushels.
Bushels.
Bushels.
California... 28.091,000 30,878,242 29,751,121 ,28.334,410 14,856,170
Iowa
Minnesota
Wisconsin
.
..
No. Dakota..
New York...
Kansas
So. Dakota..
Washington.
Nebraska
. .
Vermont....
Idaho
13.552,000
32,133.000
14,940 000
i7,.M 5,000
2,613.000
3,240.000
9,786,000
5,826,000
1,8*^0.000
868.000
1,754.000
786.000
438,000
1,706,000
12.493,368
11,204,92S
27,783,170 25,956. '245 21.680,617
13.393,975 16.508.690 13.41 9,2.'i(i
12,4Ct*,384 15.861.557 7,258,»34
2,915,786 3, .359,210 1,683,808
4,3>*7,H45 2,22a.02l 2,187,2521
10,650.438 8,927,751 6.522,566
6.121.278 5,803.1181
6,l.°>8,2.'i7
1,704,262 2,033. 2ri(! 1,188.888
91H.680
945,529 1, 106, 277
2,04 8,473 1,988.136 1, 8 > 8,--; 34
766.422
686,977 1,024,<07
372.2791
384,734
393,382
1,440,7081 1,748,945 1,378,9001
1
3,.50.'">,()24
11,708,822
7,275,251
6.259.179
1,998.840
3,751,924
4.186.802
1.543.571
1,386,267
587,382
904,806
P05.928
622,566
fOO.Sll
399,012
1351?800r' 127156349 130497201 105896530 56.887,331
Total
All others... 4,896,000 4,705,042 4,466,822 4,036.394 2,038,502
Total U.S. 140024000 131861391 ll34954023'10P932924 .«P.92^.833
.
.
1
:
THE CHRONICLE.
2IG2
The indicated yield of rye for the whole couotry for 190
makes tha followiag comparlBon with the reaalta for the
four preceding years:
BTB CHOP FOB FITS TBAR8.
!
Rye.
I
I
Jndicated
Produet'n. ProdneVn. Prodxiet'n,. Produce n,
1903.
1902.
1901.
li<04.
Bu»hel$.
BuakelM.
Pennaylv'a..
New York
..
WlMcoiialn...
Iowa
Kansas
Bunhela.
5,3«8,OO0
2, 170.000
4,905 0(10
1,060,000
5,746.525
2,401,974
5.235,H06
1.095,931
6.076,160
2,884,262
929.000
1,305,000
1,650,000
1.753,000
1,340,4:h7
1,215,'S06
1,749, 1=.9
l,05fl.288
Minnesota
Jersey.
Nebraska
Ohio
...
California...
Indiana
Maryland
.
Virginia..
1,239,941
.
..
2,2«6,622
1.496.848
2,163,167
2,779,655
937,420
1.125,28'^
2,22-<,491
3,2iO,822
220,000
512,000
477.000
303,000
375,000
..
New
6,209,63.1
],2'2.'i,OO0
..
MIcliitjan
I
2,157,00(1
lUluola
.
2<3,708
837,421
469,350
•/72.772
2S4,«26,
309,429
808,908
574,606
293,174
251,011
Produet'n,
1900.
Buihelt.
6,099,176
2,431,427
6,121, .49
1,409.900
1,271,456
Butliels.
4,416,299
3,lH9.165
8,010.437
1,806.570
1,^22,481
1.281,0:^5 1,270.684
l,fi91.07^ 1,036,444
2,195.998 1,041.068
1,03 ',620 1,029.000
867.237
2,332 125
513.023
266,071
502.580
845.914
485.72 :
408.O28
314,122
370.125
318,93(j
24,116,000 26.37.'i,405|30,482,533 27.4ie,9'iO 21.868,863
2,927,880 2,127,064
All others... 2,831,000 2,988,01 1
Total
1
3,148,059J
Total U. 8 '27.246.000 29,363.416 33.030.592 30.344,830 23.995,927
Exports of Grain and Flour from Pacific Ports.— The
exports of grain and flour from Pacific ports for the week
ending Nov. 10, as received by telegraph, have been as followsFrom San Francisco to United Ki gdom, 3S0,000 bnshela
wheat and 125.000 bushels bar'ey, and to various South
Pacific ports, 4,314 bbls. flour and 32) bushels wheat.
Combining these figures with those for previous weeks, we
have the following, which covers the exports to foreigt
countries for the period since July 1, 1904, comparison being
made with the corresponding period of 1903.
tiXi.tort$
Flour,
Wheat,
Oorn,
Oatt,
bblt.
bush.
Paget 8'd.
662,024
175,520
119,689
huMh.
5,416
6,138
buth.
428.395
406,069
205,000
957,233 11,554
2,469,467 14,793
8,iS23
from —
San Fran.
Portland..
Total,. ..1,039 454
Tot. 1903.1,294.956
tSS~
w
—
.
823
7,692
Barley,
Bye,
buth
bfush.
1,875,673
24,050
422
346
1 399,723
5.492,000
768
70^
8
For other tables usnallr
arlTen
164,830
here see page ^ti29.
THE DRY GOODS TRADE.
New
Yoek, Friday, P. M. November
11,
Vol. lixli.
I
Id heavy brown drills and sheetings sellers have shown
decided firmness, although no actual changes in quotations
have occurred. Converters have been Inclinen to purchase
somewhat more freely, but have principally been interested
in spots.
Considerable difiB ulry still exists in the matter of
obtaioiDg delivery, owing to the h^avy purchases of these by
•-xporters some time ago, and in certain instances sellers have
bad to apportion th<-8e according to purchases, being unable
to fill all orders.
The home demand for llgbt-weUh^s has
been moderate and some fair inquiries have been received
for export without much business materializing.
Prices are
unchanged. Bleached goods have been quiet, and in spite of
extremely low stocks in first hands buyers have b-en acting
with caution.
Sheets and pillow caees have been quiet
and without quotable cbaage. There have been some fair
inquiries for duck for exoort and a fair volume of business
has been consummated, Ddnims have been in fair demand,
as also have ticks, while other coarse, colored cotton goods
have shown some slight improvement in business, but at
prices that have not been altogether satisfactory. Some export business has been done in Canton flannels and cotton
blankets at present figures. Staple and tancy prints have
been quiet. Ginghams have been slow with some irregularity In prices. Print cloths, although in very small supply,
have been dull and unchanged.
Woolen Goods. —The principal feature of the week in the
woolen goods division has been a further advance in the price
of men's wear woolen and worsted light- weight gools, being
the third since the opening of the season. In ppite of this,
however, the demand continues fairly active, and a number
of duplicate orders have beea received.
From all over the
country reports are being received of an excellent retail trade,
and as long as this continues sellers are not lively to have
much
difficulty in securing the prices asked.
Preparations
are being pushed forward for the opening of the new heavyweight season, but it is not likely that any lines will be
openly shown this montb. There are indications, however,
that when business commences it will be finished in rather
quicker time than ueual. In dress goods the mills have sold
tneir products in a satisfactory manner, and prices are advancing in all directions. Duplicate orders for spring lines
are being received in fair quantities and are invariably being
filled at higher prices.
Some fair business has been done in
overcoatings and cloakings and from present indications
friezes seem to be in the lead as popular tavorites.
Foreign Dry Goods —Imported woolen and worsted dress
goods have again been In fair demand during the week an(i
prices continue to tend upwards. A better business has been
done in silks and prices are firm. R'bbons a'so show some
improvement. Burlaps have been active and higher, due
principally to purchases by the Russian G )vernment.
1904
Those who expected that the cotton goods market would
boom immediately that the result of the
election became known have been doomed to disappointment
dnriLg the patt week. There has, perhaps, been some very importations and Warelioase ^tVltbdraivalsofUry Goods
Blight improvement in the volume of business during the
Thelmportationsand warehouse withdrawals of dry goods
past few days, but on the whole buyers have shown no dis- at this port for the week ending Nov. 10, 1904, and since
January 1, 1904, and for the corresponding pericde of last
pos^ition to increase their purchases to any substantial extent
start off with a
Among
vear are as follows:
sellers it is generally believed that there will
be a
slow but steady Improvem'^nt in both t he volume of basiness
and in prices. They can see no immediate prospect of any
substantial decline in the price of raw cotton and complain
that the present price of goods leaves little or no mann'actnrirg profit; in fact, on certain export orders that have
been booked for forward delivery they figure an actual lots
Oa the other hand, they maictiin that buyers cannot hold
off from the market much longer, as their stocks are considerably depleted and the retail trade bids fair to become qu'te
active. Buyers, however, are still acting with their usual
conservatism and for the most part continue to conflae their
purchases to goods for immediate delivery. An eff ^rt will
be made on Monday next to reopen some of the Fall River
mills, but the success of the attempt will depr^cd on the
wlUlDgneBS of the operatives to accept the 11% per cent,
wage reduction decided upon last July. la the woolen goods
division still further advances hive been recorded and the
demand continues moderately active.
Domestic Cotton Goods.—Tbe exports of cotton goods
from this i;ort for the week ending Nov. 7 were 6,854
packages, valued at $383,634, their destination being to the
points specified in the tables below
N«w York to Nov.
cailna
India
17
1,231
39
726
3.853
6
96
74,199
6,562
17.639
8,8^7
17,801
1,995
12.484
48,441
17,»J6
6,854
207,884
Arabia
Africa
West Indies
Mexico
Central America.
South America...
Other Ooantries.
Total.
S:
B
5
602
60
310
1,366
12
4
251
1,197
212
174
44
285
6«8
79
2,926
:
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aCdOOM^
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ooaax^
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<»ao
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-a
eata»aco
000091^
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-*.a«j<i
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jifa
ab»» 00 Vi
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taococota
Cfc tac^o
ucoV W
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-jm
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s
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Since Jan 1
^©
O
JO
_Mf a
§S
C7>c^Moa
ca^MO^
.
1,567
1,144
114,943
12.673
87,469
8,951
24,OV8
8.679
10.472
63 263
aa
to -a' CO
i^
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» VV lab CO ••a
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91 CO
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of these New York exports since Jan. 1 has been
$13,628,981 in 1904, against $13,582,434 in 1903.
V^
'
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,
to
Mf
OOM
oo«b<»o<
"f't^
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00 xitacD-a
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coQoeoota
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bwaVib
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8,987
876,036
ta
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to ~i
00 CK
The value
er".
j«£
®:
o.
CD 33
Week,
g
©
1903.
1804.
7.
Week. BtnccJan.l.
Great Britain
Other Earopean.
MB
;
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MCOM-'
©
1
<i CO 00 .-J
j
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OC'OM'Oa
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-^
e
*
—
Ifov.
IX
$T^m
THE CHRONICLE.
1904.)
m^
Index.
index fo all the news matter appearlnpr in this Department for the period from Jaly 2, 1904, to O^t. 8, 1904. inclasive, was pnbiif=hed in the Chronicle of Oct. 15, 1904.
pages 1664, 1665, 1668 and 1667.
items.
Japan.— iV«u> Loan. — It was announced
week that one£18,000,000 would be
H
this
Japanese loan of
half of the new
Uo, This loan will
offered in this country by Knhu, Loeb
mature in seven years, redeemable in two and one-half
secured both as to principal and interest by a
3 ears, and is
charge upon the Customs receipts of the Japanese Government, subject only to the charge in favor of the exislicg
£10,000,000 Joan. Both principal acd interest will be payable Id New Yorh City at the fixid rate of exchange of |4 87
per pound sterliEg.
report was recpntlj
Colnmbns, (Ja.—J/a«fcr's iJfporf.—
made by the Master in Chancery appointed by Judge Newman of the United States Circuit Court to Investigate
the matter relaticg to the suit brought by the Columtu?
Water Worfee Co. to prevent Ihe city from buildirg a municipal water plant, for which purpose 1250,000 4.% bonda were
authorized at the election held Dec. 4, 1902. The Master
finds that the city has a perfect right to build a mu&icipal
plant, and recommends that the contract between the city
and the wa:er company be rescinded and df c'ared annulled;
also that the city be required to pay $176,562 63 to the water
companv for that portion of the water sysfem available for
the city's use. The Court has not ss yet acted upon the recommendations of the Master, but an early decision is looked
&
A
%
BnrlJn^Bme Twp.. Of-aee Co
15.000
BnrllBeton (CUi C< flne Co
12,<i00
Barr Oak Twp.. Jeweil Co
15,000
BDr;0D (Dlty). Harvey Co
12,500
Canada (Twp) Lubpi^o Co
12.000
Caney (City). Moctg. infry Co. ..13,000
Uaney Twp., Monteoniory Co
22,000
.
Oarnni 1 wp., Pratt Co
Cawber Twp., Mitchell Co
Cedar Twp., ,Taok«on Go
Cedar Twp., Wilson Co
Center Twp., Ness Co
Center Twp., Rueh Co
Center Twp., Reno Co
CenterTwp.. Woodson Co
CentervlUe Twp.. Linn Co
is.^oo
20,000
16,000
24,000
16,CO0
18.50O
13,300
14,000
15,000
Chapman Twp., Clay C"*
17,000
ChPFokee City, Crawford Oo
15.C00
Cherokee Twp Montgoiilery Co. 22,500
,
atd CJherryvale
Montgomery Ooanty ..23,000
2i,500
hryenne County
Cheyerne Twp., Lane Co
IP,000
Chtoaskla Twp., KlnKman Oo
14,500
Clmnoarron (Clt\), Gray Co
20,000
Clark's Creek Twp., M^rrU Co.. 15.000
Cherry Twp.
(City),
f
Clllton Twp., Washington Oo... IS.OOO
Clifton Twp., Wilson Co
23..500
Conway Twp., Snmner Co
101500
Oooildge (City). Hamilton Co.
20,000
CooUdge Twp.. Hsmllton Oo
14,000
Cooper rwp., 8t!*trord Co.
16,000
Crawford Twp., Crawford Co
14,500
Creswell Twp., Cowley Co
14,000
Oalver Twp., Ottawa Co
.15,000
Dexter (City), Cowley Oj
13,000
Diamond ValleyTwp.. Morris Co.15,000
Olxon Twp., Snmner Co
19,500
OonglaB Twp., Butler Co
20,500
20.500
Downs (City). Oaborne Oo
Dnok Cret^k Twp., Wilson Co
16,000
Eagle Twp=, Harper Oo
16,000
EdgleTwp Sediwlok Oo
flaraner Co
References to the litigations growing out of the attempt of
the city to build its own works, allegiug that the water company had cot lived up to its contrac!-, either in the quantity
or qualitv of the water eurplied, will be found in V. 76, p.
667; V. 77, p. 262 and ai' ; V. 79, p. 225.
Macon, Wii. Bond Election Enjoined. —Jnige W. H. Felton Jr. of the Superior Court on October 29 isfiued an order
restraining the city officials from holding an election December 13 to vote on the issuance of $175,000 i}4^ bonds to retire
the fljating debt of the city. The suit was brought by Alderman B, L. Jones, who contended, among other things,
that the new issue would exceed the limit of indebtedness as
prescribed ty the State Constitution. It is slated in local
papers that the case will be taken at once to the Supreme
Court.
Pasadena— North Paeatlena,
—At an election held in both
Csil.— Annexation Author-
Pasadena and North Pasadena on October 13 the annexation of the latter to the former
W88 fiuthorized.
Tiler, Texas.— Bond Decision.— On October 18 a decision
was handed down in the Court of Civil Appeals at Galveston
in the suit brought to restrain the collection of taxes to pay
Interest on the funding and the refunding bonds of this city.
(See State and City Section for May, 1904, page 2120 ) The
Court held the series of bonds issued in 1892 and 1896 to be
valid obligations and decided that the city had a right to collect taxes to pay the interest and to create a sinking fund.
On the other hand, the refunding issue of 1899 was declared
invalid for the reason that the original bonds were put out
when
the city did not possess the power to issue
ibem. We are informed by the City Attorney that the city
will apply for a writ of error to the Supreme Court to have
the decision relating to the refunding issue reversed and that
he I resumes the taxpayers will prosecute a writ of error on
the two issues declared legal. See V. 75, p. 254, 751; V. 76,
p. i31C; V. 77, p. 262.
Kansas Debt Statement.—
give below a list of debt
statenitnts for minor civil divisions in the State of Kansas
with an indebtedness en July 1, 1904, of over $10,(03 and
under $25,000. This statement, in connection with the leturns to be published in the new rumber of our fcTiTK and
City Section to be issued on Nov. 26, 1934, will lurnish a
cotuplete list of all places in Kansas reporting an indebtedness equal to or exceediner $10,000
Bonded Sate or
Date of
Popuat a time
We
:
Debt.
Location.
AKneB Ony Twp., I.yon Co
Albion Twp.. Rt-pabllo Co
Appleion Twp.. Clark Oo
ArtftdeXwp Ptillllpg Co
,
AllantaTwp., R'oe
<'o
Aticufta Iwp, Butler to
Co
Banner Twp., Dukitson Co
Bani.er Iwp., Uarper Co
BMunor Twp., Pratt Co
Bar.ner Twp., Rnsn Co
Aijr(iri»Twii,,Oiou(l
$
20,000
ll.COO
10,67.S
.13.000
12,000
.1^,000
12,000
12.00O
12.228
13,•^00
17,500
Baxter 8pVe(Cliy),(htrok«e Co. 20,000
Belle Prairie Iwi>..
Rash Co
1?;,!
on
Bell«Tllierwr..Chs>ntatquaCo. 22,000
BlraCUy. Chf-xenteCo
ll.owo
Blojnu Iwp., Harder Co
18,000
BlatDeTwij., Smith Co
12,800
BlneRap'.ds (Clij), M-iFihall ('o.20.0t0
Blu»> Kai.msTwp, Marfhall Co.l'',ti00
Brt(1j?t-port (City), Saline 0<>
Brnro Twp., Hntier Co
Buffalo Xwp., Jewell Co
Boillngame
(City),
Interest.
%
Maturity.
(>
1P17
5
6
1921
1903 1909
5
1929
19iO
1910
1960
1916
ft>9
4»« 7
6Ja
B
4>«
6
6
fiQ
6
4»fi
«
b7
7
4>«
5
ft
1931
1921
1916
1917 1919
1916
lation
(1900.)
l,6i9
fl^i^
217
531
f08
fOl
770
62(i
41.'S
2f>e
340
1,6^1
213
191?>-19'8
1,371
lSjO7-100i>
88
3?4
740
1907
1918
1929
1919
1918
lnl6
1,100
l,3e6
10,ti0o
6
14,000
15,000
4»«-7
191'>
677
8
l»iO
1923
l,i»>2
BrownVOroveTwp .Pawnee Co.16,000
OaaKe Co. ...10,000
Interest.
%
414
56
<5
5
Eden Twp
,
ElsmoreTwp
.
Allen
Oo
Co
Empire Twp., Ellsworth Oo
Empire Twp., iicPherson Oo
Erie (City) Neosho Co
Esbon Twp.. Jewell Co
Eureka Twp., Barton Co
Eureka Twp Rice Co
Eureka Twp., SuUi e Oo
Everett Twp., Woodpon Co
,
Falrvlew Twp.. FordO^
Palrvlew Twp., Russell Oo
Falls Twp.. Snmner Oo
l,«8e
8
«
7
6
6
4
4k
4%
6
6
4k
7
6
6
6k
2-3
5
4k
7
3
4
5
4k
4
5
6
6
5
7
7
6
7
4
4ii
.
7
4k
4k
4k
6
5
6
4k
6
6
&k
4k
4k-6
5
4k
6
«
6
6
6-7
6
4k
6
4
7
7
5
6k
5k
4k
6
6
4k
7
4
6
6
6
6
6
6
24,000
8
7
Independence Twp.. Montg'y 00.20,000
4%
Indian CreekTwp.. Anderson OolO, 000
22,500
6
Isabel Twp., Scott Co
21,500
Inka Twp . Pratt Oo
4k
jAOkson rwp., Anderson Co
10,000
4k
6
Jefferson Twp., Chantatqua (3o. 16,000
24,000
6
Junction Twp., Osage Oo
5
Kanapo.ls (Cliy), KUswoith Co. 10.000
V3,600
6
Keariiey Oouniy
10,000
Keobl Twp.. Sedi^wlok Co
4\
14,000
6
Kenneth Xwp., Sheridan Co
King City Twp., MtPherson Oo .16,000
4k
4-5
Kingman (City), Kingman Oo... 20,000
24,000
6
Kl( wa (City), Barber Co
16,500
8
Klrwln Twp.. Phillips Co
22,000
6
La H»rpe (City), Allen Co
5
19,000
Lake Twp., Hyrvey Co
Lakln. South Side. Ketdall and
12,578
8
Kearny Co
HUtbara wps.,
6
Lancaster Twp., Atchison Co ...l.'i,000
5
20,000
Line Twp.. Greenwood Co
l'-',000
8
L-iwrencM Twp. Cloud Co
8
.15,000
Lenora Twp Nor on Co
6
i:<,0'.0
Leoil (CitTK Wu-hitH Co
1«.0(0 4k-7
Co
L« Roy (Cliy),0 fl-y
15.000
4k
Liberal Twp., ,:ewHi.i Co
16.0('0
4k
Liberty Twp.. Coffey Co
6
l.^.COO
Liberty Twp., Klinfra'*n Co
5
10,000
Liberty Twp., Bttltno Co
ll',U(iO
Hr.toln Twp., Anderson Co
4k
'^3,000
5
Lincoln Twp , DIrklcson Co
5
I4,t00
Llnoiln Twp., Elsworth Co
2O,O0O
6
Lincoln Twi>., Osage Co
6-7
16.000
Lncoln Twi>.. R-'uo o
4k
LlLdsborg (CitT). MoPherson Col 4,000
6
Little HRney Twp., Clian'qua Ool5.000
17.000
4k
Ltltle R;ver Twp.. Reno Co
,.'^.00
4H
Lli lie Wnlnut Twp., Butler Oo
21,0OO
5
Logan «"onu y
ii
18,000
LokauTwp.. »'hllHpsCo
I2.0c0
.'k
L>gan Twp,Rookrt Co
6
18,000
Logan Twp , Sheridan Oo
0'>
i
.
. .
.300
4I4
4*s
4%-6
Twp, Seward Co
Farmer Twp., Rloe Co
Ford Twp.. Ford Co
Forrester Twp., Ness Co
Goodland City, Sherman Oo
Grant Twp., Barton Oo
Grant Twp,, Harper Co
l.'?,609
Grant Twp., Jewell Co
10,000
22,f 00
Grant Twp., Neosho Oo
Greeley Twp., Sedgwick Oo
18,000
Greentleld Twp.. Elk Oo
U,500
Green Garden Twp., Ellew'th Ool5,000
Groveland Twp., MoPherson Oo.lO,C00
13,000
Grove Twp., Reno Oo
i6,oeo
Guelph Twp., Snmner Co
12,."; 00
Harper Co
Harrison Twp., Chautauqua Oo. 23,000
Harrison Twp., Nemaha Co
20.000
16,500
Haven Twp., Eeno Co
12,000
Hayes Xwp., Stafford Oo
15,600
HaynesviUeTwp., Pratt Co
Hendricks Twp.. Chautauqua Oo21, 000
Hill City. Graham Co
10,000
12,0(0
Holton (City), Jackson Oo
19 000
Homestead Twp Barton Oo
12.000
Hope Twp.. Dlokluson Co
Fargo
Howard Twp.. K;k
6
6
IS.OOfi
,
Elk Falls Iwp E.k Co
Elm Twp.. Alien Co
Emma Twp., Harvey
3
4
18,000
15,000
16,000
17,000
16,000
24,000
20,000
11,500
15.0C0
12,000
10,000
16,000
16,000
17,000
20,000
,15,000
15.000
12,000
15,000
15,000
22,000
13,000
,
for.
iued.
Debt.
Location.
)
An
News
Bonded Kate of
iitfmwwT.
03TY
^163
H
Date of
MaturUj/.
Poi ulaiion
(1«00.)
1920
1906-1907
1910
1917
2,fl88
2,418
1,435
627
'05
H87
1906
1913
1921
1923
1»09
1916
1916
1919
1918
1917
2,235
;
637
HIO
690
Yearly.
2,2 8
1920
1930
1915
1,«96
700
1,326
870
1921-1923
1909
1909
1919
1933
1920
1919
1910
1916
2,640
203
343
422
475
1,082
1,030
1,267
J.925
1927
1932
19UI
1910
1918
1916
1919
1919
1905
1911
1918
1916
1923
1920
1916-1917
1909
1917
1921
1921
1919
1924
1909-1920
1920
1916
1917
1918
288
:!t50
635
1,650
861
667
380
698
752
572
i-33
569
195
633
463
931
1,565
1,769
781
744
929
1,111
870
329
«02
1,004
823
174
260
754
143
636
434
229
Yearly.
1808-1922
1928
1920
1919
1917
1919
1919
1908-09-19
1916
1932
1915
1930
1906
1909
1919
1909
1930
1930
1912
1916
1920
1«06
1983
1921
1916
1931
1910
1916
1916
1910
1916
1915
1922
1932
1918
1916
1916
1920
1911
19i0
1919
1,059
382
402
924
1.271
958
1,423
527
573
461
785
10,310
793
1,213
1,369
408
723
1,067
468
3,082
1,200
1,155
2,10 a
1,697
598
81
734
851
876
1,188
240
1,107
8S1
369
523
19;:4
1904-1919
1907
1909
1922
19k9
1906
1912
1924
1909
1911
1,785
965
1,007
610
516
1,994
800
792
278
151
772
148
1909-10 13
1933
1923
1929
1917
1,22.J
224
4U3
777
19 ZO
1916
1921
1»17
1916
1908-1918
1922
1918
1920
1910
1921
1910
1931
1938
95
1,393
1,289
3,416
l,'.ii7
351
7 6
9M
1
1
,<79
,005
985
486
1.962
763
886
884
:
THE
2I()4
J?onrf«d Itate of
Debt.
InUreit.
$
Location.
Twp., Marlon Oo... 10,000
17,000
Lyon Twp Dloklneon llo
Madison Twp.. Greenwood Oo ..13,<)C0
Jewell Co
20.0no
Mank'tto (CUy).
Marqnette (Clt>), McPhereon ColO.OOO
MaiqiiettpTwp McPher«on Oo. 20,000
I^oBt SprlnRii
,
,
Marlon
(Olty),
Marlon
13,000
(:o
Meade Onter Twp.. Meade Co
MeadPOItv, Meade Co
.
.12,r)00
13.S.S0
Medicine Lodfi'e Twp.. Barber ColO.OOo
17,000
Milton Twp., Batler Oo
Morton rwp Ottawa Co
15,000
IP.OOO
Monnd Twp., MoPbereon Oo
13,000
Monrd Twp., Phillips Co
15,000
Nevada Twp., Nese Co
13,000
Newton Twp., Harvey Oo
Nlnrepoali Twp.. Sedewlok Oo ..17,000
,
Northampton wp.. Rooks Oo ..15,000
Oakland Twp., Clay Oo
16,000
Oak Twp., Smith Co
17,000
18,000
Ohio Twp., MorrlB Oo
Old Center Twp., Neca Oo
17,000
12,000
Old HoDBton Twp., Smith Oo
10,000
Oeage (Olty), Oaaee Oo
11,500
Osage Twp,, A'len Co
18,C00
Ofborne Clfy, 08l)orDe Oo
Ossawatomie (Olty), Miami Oo.. 20,000
Oceawatomje City & Twp
16,000
Oxford Two., Sn-uner Oo
14,000
Paola Twp., Miami Oo
15,000
Park Twp.. Sedgwick Oo
12,000
Parfcer Twp. and O ffeyville
i
%
5
S
5
5
5
,
,
,
,
,
,
.
:oi4
^9>\
Ivlfi
9l»
\^lf>
Populatum
(1900)
761
Bond Calls and Redemptions.
Di^nTer, V.oXo.— Bond Call.— C. S. Elder. Treapurer of the
City and Connty of Denver, calls the following bonds for
2,21>
1,800
payment Nov.
i9'«3
BIDEWALK BOKDB.
Mill
X^\^
1.5^18
41fl
If))."-.
6
6
5
5
6
1916
1916
South Broadway Sidewalk Dlgt. No. 2— Bond* Nog. 1 and 2.
Sidewalk Ulat. No. 9— Bonds Nos. 1 to 4. liicmslTe.
OBADINO AND CDRBINO BOITDB.
Caoltol Hill Grading and Cnrblne DiBt. Ko. 1— Bonds Nos. ce to lOOand
."^OO
2
4
4i«
f^U,
S
5
4l«
4
41a
6
5
6
6
6
5-7
4l£-tf
7
1917
1W15
1924
1924
19.S0
1918
1919
1921
1910
1905
1914
1910
1918
1920
1910
1917-1929
1906
1921
1909
1927
1915
192.S
1916
1915
1915
3919
1916
192*
1917
)916
igop-igie
1908-1909
1915
1920
1908-0910
1976
1923
1921
193S
1924
1924
192V
1909
1911
1921
1916
1922
1918-1920
190 6
1916
1920
191R
1921
19:8
1910
1908
1919
1906
1923
1923
1934
1911
1915-1926
1959
1905
1910
1921
1°23
XQil.
1920
1930
1P07
1924
1919
1909
1918-1917
1916
1916
l.'-2*
326
960
«72
1924
1919
1919
1934
1919
1917
—
b«H6
1,07.^
4,191
-.
1,135
785
818
197, 214,
2474, 2543,
5209, 5216,
6823, 7054,
9551, 9730,
issued.
659
1,502
14,442
519
606
588
819
314,
2705.
6748,
7528,
9783,
453, 482, 985, 1172, 1680, 1884,
3201, 3862, 3712, 3715, 4436, 4917,
57«0, 5894, 5973, 6011, 6172, 6238,
7673, 7667, 7923, 8270, 8819. 8817,
Series Nos. 6734 to 10,000
9772.
2S54,
4978,
6272,
8873,
2416,
4988,
6469,
9336,
were never
TexaB.— Warrant Call.—The State Treasurer on October 28
called for payment all unpaid registered warrants on thegencT&l revenue fund up to No. 6912, the amount so called being
$84,978.
17.^
43U
627
281
Bond Proposals and
1,231
604
week have been
61
Neo'otiations
this
as follows
509
424
Aberdeen. Miss.— Bo»d Sale.—F. R. Fulton & Co. of Chi1,047 cago were the successful bidders on Nov. 2 for tbe $70,ri00 5i
1,.S22
20-year water and sewer bonds mentioned in V. 79, p. 1728.
313
Adel, Ga.— Bond Election. An election will be held No1,202
379 vember 23 to vote on the qnestion of issuing $10,000 5%
680 school house bonds to mature July 1, 1935.
2,380
Akron, Ohio.— Bonds Authorized. The City Council on
1,152
222 October 10 passed ordinances providing for the issuance of
—
—
fbe followine boni3s
l,«4f.
980
531
421
$13,000
Sje
12b
2,800
i>%
1,549
1,«97
1,8SM
1,400
5i(
3,341
850
481
760
346
380
622
510
7S3
676
199
1,068
1,513
909
2,002
816
1,60
62«
l,4f4
219
832
f9B
6-.:4
293
1,7P0
220
839
'1,042
1,178
593
1,7H5
1,996
1,016
728
665
734
1,002
691
941
808
620
137
168
308
123
481
Maturity, one bond $400
one bond $.SnO Nov. U, 190rt. and also on Nov. 11, 1907.
Street Improvement bond, maturlne Nov. 11, 1906.
Street improvement boQds. Maturity, one bondof (700
the years 1905, l90tl and 1907, and one bond $800 on Nov.
a
1.430
750
years 1906, 1907,1908 and 19o9.
Sherman S'reet sewer- aese.tsment bonds.
11, 1908 and 190V.
Securities are dated Nov. 11. 1904. Interest, semi-annual.
Allegheny (Fa.). Eleventh Ward School District— Bonds
Fbted.— The vote on November 8 on the proposition to issue
30 year school- building bonds was 712 for to 159
$100,000
against.
Alliance, Ohio.— Bond OJ'ertng.— Proposals will be received until 12 M,, December 5, by Chas. O. Silver, City Auditor, for tl,290 (or less) ii Franklin Avenue 1-3 year (serial)
479
1,391
9.
Upson Street asaessment bonds. Denomination, $600, except one
bond for $5U0. Maturity, $500 Nov. 11, 1805. ana $800 on Nov. 11 of the
Nov. II. 1906;
600 6* Bast South
8,700 6% Eist South
on Nov. 11 of
828
832
758
502
Alljn street tissesgment bondg. Denomination. (1.000. Matnrttr.
yearly on Nov. 11, fifiOO in 1936 and in 1900, $3,000 in 1007, In 1008 and
in 19
3,819
986
19 1«
161
SEWER BONDS.
1— Bonds Nog. 1«0 to 195, InclusUe.
the holders of any of the above bonds
ten days before the expiration of calls, the Citv Treasarer will arrange for their payment at the Mercantile Trust
Co.. New York City; but not otherwise.
Maltnomah Connty (P. 0. Portland), Ore.— Warrant
Call.— John M. Lewis, Countv Treasurer, has called for payment all Class "36" and "87" warrants drawn on the general fund up to and including May 7, 1904; also Claps "C"
warrants on the road fund up to »nd inoludlng June 3, 1904.
New Orleans, La. Premium Bonds D'atrn.— Toe following premium bonds of the city of New Orleans were drawn
by lot on Oct. 15, 1904 (for payment Jan. 15, 1905), this being
the one hupdred and sixteenth allotment : Series 69, 153,
2,792
1,026
1,391
1,673
1,402
1917
1922
1923
1930
1916
iDclasWe.
Upon request from
•<
...
20(1,
Capitol Hill Storm-Sewer Dlst. No.
4«2
68
690
808
303
4S6
882
879
1916
1929
1910
1929
1920
1916
1906
1920
191H
1920-1327
1916
1933
1916
1929
1929-1930
l!n«
1918
1910
1919
1917
to
l,2fi6
191rt
Yearly.
19, 1904:
><9'>
4^9
J, 0-7
1P2i
1H"9
19'.5
[Vol. lxx)x.
Cill^OXlCLE.
41,
5Vi
4»9
(City), Montgomery Oo
24,000
4
Penn Twp,, O.^bome Oo
15.000
8
PhilllpshurgTwp., Phllllpa Oo ..12.000
6
4i«
Phillips Connty
16,000
Plalnvllle Twp Rooks Co
16.000
5
Plevna Twp., Reno Co
18,000
6
Pinm Grove Twp., Bntler Oo
17,000
4%
Plnm Twp., Phillips Co
13,000
4%
Powell Twp., Comanche Oo
16,000
6
Prairie Twp., Wilson Co
7
15,000
Prairie View Twp., Phillips Co.. 15,000
5
Protection Twp., Comanche Co. .18,000
6
Reeder Twp.. Andereon Co
16,000
6
Bero Twp., Reno Co
21,000
6
Richfield (City), Morton Oo
15,000
7
Richland Twp., Harvey Oo
17,000
6
Richland Twp., Kingman Co.... 11,000
4»«
Richland Twp., Labette Oo.
12,630
8
Richland Twp., Repnbllo Oo
14,000
5
Richland Twp., Pratt Co
4is
16,000
Rich Twp.. Anderson Co
4Ja
15,000
Rochester Twp., Kingman Co.. .15,000
6
Rock Creek Twp., Cowiey Oo
13,S0O
414
Rock Creek Twp., Nemaha Co.. .20,000
5
Rolling Prairie Twp., Morris Co.l8,000
5
KupllaTwp., Harper Co
15,00«
6
Sebaiha (City), Nemaha Co
10,000
4
Ht. Bridget Twp., Marshall Co.. 11,000
5
Salt Creek Twp,. Chaatanqn!iCo.l9, 500
7
Salt Creek Twp, Lincoln Co
414
18,000
Santa Fe (Citv), Haskell Co
20,500
6
Saratoga (City), Pratt Co
14,000
6
Soammon (Olty). Cherokee O0...1 2,.^ 00
6
Soandla Twp., Rennblio Oo
22,000
5
Hcoir, Twp., Bourbon Co
10,000
6
Seward Twp.. Stafford Co
17,500
4H
Shell RcckTwp., Greenwood Co. 15,000
5
Sheridan Connty
15,000
7
Sheridan Twp., Sheridan Oo
10,000
6
Sherman Connty
15,000
6
Sherman Twp., Sedgwick Co.. ..22,000
7
Silver Creek Twp .Harper Co. ..13,000
4
SUverdale Twp.. Cowley Co
19,000
6
4I3
Solomon Twp., Graham Oo
15,000
Solomon Twp.. Norton Co
lO.O'O
8
Sooth Haven Twp., Snmner Co.. 23,000 4J45
BprlDg Creek Twp., Coffey Co.. .11,000
5
Sprlngdale Twp., Snmner Co
14,500
7
4I9
Spring Twp., Butler Oo
12,000
Spring Twp.. Harper Oo
13,519
4Jfl
Sprlngvalo Twp , Pratt Co
16,000
4lfl
Stafford (City), Stafford Oo
5
10,000
Stafford Twp., Stafford Co
13,000
41a
Starr Twp Olond Co
la.OOO 4>«-0
Sterling (City), Rice Co
«
22,500
Htohrvllle Twp . Harper Oo
5
21,000
Stranger Twp., Leavenworth 00.10,000
.514
Snmner Twp OBborne Co..
10,000
8
Snmner Twp Somner Co
18,0CO 4^6
Sycamore Twp., MontgonceryOo. ^2,000
7
Tallfyrand Twp., Wilson Co
12,000
7
Timber Hill Twp.. Bourbon Co.. 10,000
6
Tioga Twp Neosho Co
19,f;00
7
TonganoxleTwn.,Leavenw'thOo20,000
5
Tronto Twp., Woodeon Oo
15,000
i^
Twin Groves Twp., Greenw'dOol.'^,CO0
7
Union Twp,, MoPhereon Oo
20,000
5
Union Twp , Rice Co
14,000
4ifl
Union Twp., Ranh Co
17,000
6
Union Twp.. Sfdgwiok Co
22,000
7
Valley Center Twp., Sedgwick Col 0,000
4^
Valley Twp., Ellsworth Co
10,000
(>
Valley Twp.. Kingman Co
19,^00 &%6
Valley Brook Twp., O^age Co.. .23,000
6
Valley Xwp., Shendan Oo
18,000
5
Verdigris Twp.. Wilson Oo
7
24,669
Victoria Twp., Rice Co
21,000
5
Wallace County
4
19.000
Walnut Twp., Barton Co
12,000
6
Walnut Twp., Brown Oo
14,000
6
Walnut Twp., Crawford Oo
11,.'^00
4
Walton Twp., Snmner Oo
16,000
ftJa
Waring Twp.. Nees Co
5
15,000
Wasbliigtoii Twp., Chaut'qua Co.18,000
7
Was' iBgton Twp Jewell Co... 16,000
5
Washington Twp., Nemaha Oo.. 12,000
ft
Washington Twp., Rice Oo
20,000
5
Waterloo Twp. Lyon Co
16,000
5
Westminster Twp Reno Co
14,000
6
Westmoreland (City), Pottawatomie Co
15,000
6
West Plains Twp., Meade Oo
ti
15,000
White Ri)ck Twp., Lane Oo
6
16,000
Wild HorfeTwp.. Graham Oo... 17,000
4ifl
Wilson Twp.. Lane Oo
15,000
6
York Twp., Staflord Co
15,000
6
.
Date of
Maluriy.
:
j
asseesment bonds. Denomination, $430. Date, Deo. 15, 1934.
Interest semi-arnually at oflBce of City Treasurer. A certified oheck for $1,000, payable to F. V."Cas3aday, City Treaserer, required, aud the purchaser mnst pay accrued Interest
and furnish the necessary blank bonds.
Anne Arnudel Conntj"(P. 0, Annapolis), Md.— Bond Offering.— Piopos&lB will be received until 13 M., Nov. 16, by the
County Commissioners, for $20,000 " Severn River bridgerepair" bonds. Denomination, f 1,000. Date, July 1, 1904.
Interest, semi-arnnal.
Maturity. $5,000 on July 1 of the
years 19C9, 1914. 1919 and 1924. Bids are asked for bocds
bearing i%, ^)4.i and 5j? interest. Authority, Chapter 616,
Laws of I9f'4. Certified check for ^i of the ftmount of bid
required, Chss. Himelheber is Clerk Connty Commissioners.
Appleton, Wis.- A'j Date Set for Bond Sale
are advised that DO date has yet bpen set for the sale of the $300,000
water bonds mentioned in V. 79, p. 1853. The matter is in
the bands of the Mayor and the Finance Committee.
Ashley, Pa.— Bonds Defeated.— The proposition to issue
$14,000 sewer bocds failed to carry at the recent election.
Ashtabula, Ohio.— Bond Ekction.— The City Council has
decided to submit to a vore of tbe people on November 28
the question of issuing $350,000 municipal-water-works
—We
bon'^e.
Baker City, Ore.— Bond O/ering.— Proposals will be received until 4 p. M Nov. 21, by W. 8, Levens, City Auditor
and Clerk, for $12,000 6^ Rold city-hall-completion bonds,
dated Dec. 21, 1904, and maturing 2J years after date. Denomination, cot less than $100, Interest, semi-annually at
the office of the City Treasurer. Certified check for $500,
payable to the City Auditor, required.
Bonds Not Yet Sold.— Ho sale has yet been made of the
$20,084 35 6^ gold eewer bonds offered on Aug. 20. See V. 79,
,
p. 747, for description.
Ballirger, Texas.- Bonds Not Yet Sold.— "So sale hss yet
been made ot tbe $16,500 4^ refunding water bonds mentioned
in the
Chronicle May
28, 1904.
———
;
Nov.
— —
THE CHRONICLE.
12, 1904.]
Beaumont, Tex.— Sond Election,— The City Council has
passed a reaolntion eabmittiEg to a vote of the people on
November 22 the question of isauing |30,000 5% 20- 40- year
City. Maturity, Jan.
quired.
2165
1,
Certified check for $1,000 re-
1934.
Dnqnesne, Pa.— Bonds Defeafed.— The vote cast on November 8 on the proposition fo issu9 $85,000 street-improveBcontOD,N. J.— Bf'wdS'aJe.— On November 7 the $18,000 ment bonds roas 492 for and 731 against the issue.
Esst Lake, Ala. Bonda Authorized. — The Mayor and
4% Btreet-improvement bonds described In V. 79, p. 1728, were
awarded to Ihe Morris County Savings Bank, Morristown, Board of Aldermen have passed an ordinance providing for
at 101*04. A bid of par and interest was received from the the issuance of the $12,500 5% street- improvement bonds
(optional) sewer bonds.
Boonton National B^nk.
Brnce, ^U.— Bonds Defeated.— We are advised that
village, at a second election held recently,
proposition to issue bonds for water works.
this
defeated the
Bruno Township, Butler County, K^n— Bonds Defeated.
The proposition to issue bonda in aid of the Kansas City
Mexico
& Orient Railway failed to carry at the election
November
held
1.
Bofftlo, N. Y.— Bonds Authorized.—The issuance of $100,Skinner canal nuisance-abatement bonds
000 3}4i Clark
has been authorized. Interest, April 1 and October 1 at the
cfiBoe of the City Comptroller or at the Gallatin National
Bank, New York City. Maturity, $5,000 yearly on October 1
from 1905 to 1924, inclusive.
CaaaBdaiiirna, N. Y.— Bond Sate.— On November 9 this vllJsge sold $6,293 09 (two issues) 5% aeeessment bonds to the
Canandaigua National Bank and the McKechnie Bank at
par. Date, Nov, 1, 1904. Denomination, |1U0. Interest annually in May. Maturity, five years.
Cedar Falls, Iowa.— Bids Rejected— Bond Offering.— The
City Council has decided to reject all bids received Nov. 1
for the 14,500 5% cemetery bonds described in V. 79, p. 1729.
H. W. Johnson, City Treasurer, is now ofifering these bonds
for sale, to be awarded at par to the parties offering to take
them at the lowest rate of interest. Securities are dated
Dec. 1,1904, and will mature |500 yearly, beginning five
ytars after date. Succefisfnl bidder to -furnish blank bonds.
Cellna, Ohio.— Bond fia^e.-On Nov. 4 the $42,000 i^%
funding bonds described in V, 79, p. 1660, were awarded to
Lamprecht Bros.
Co., Cleveland, at 106-51. Following are
the bids
&
&
Lamprecbt Bros.* Co.,Cleve.?44,734 20 Sec. liOan & Tr. Co., Toledo. .143,183 00
43,';25 00 Well, Roth 4 Co., Clncln
42,832 00
48,317 00 B. U. Rollins & SODB;Chlc.... 42,Slu 00
I
W. R Todd A Co., Cincinnati,
W. J. Uayes & Sons, Cleve...
Feder,
Holzman &
Co., Cln..
.
I
I
43,i:«0
00
|
Chel8«a Township, Butler County, Kan.—Bonds Voted.—
This towns hip on Nov. 1 voted in favor of issuing bonds in
aid of the Kansas City Mexico & Orient Railway.
Chllllcotbe, Ohio.— Bond Sate.—The $20,000 i^i Fourth
Street improvfment bonds described in V. 79, p. 1978, were
awarded to S. Kuhn & Sons, Cincinnati, at 108*25.
Ctarlgtian County, Ky.—Bond ScUe. This county on November 1 sold aa issue of $70,000 4% 5-30-year (optional)
bonds to the Cty Bank of HopkinsvlUe at 100'714. Denomination, $1,000. Date, Nov. l, 1904. Interest, semi-annual.
Clarion, Iowa.— Bonds Refused-Bonds Re-awarded in
Fart.—W, J, Hayes
Sons of Cleveland have refused the
|15,CO0 i}4% 5-10- year (optional) water-works bonds awarded
to them en September 21, claiming that the legality of the
law under which the issue was proposed was being tested in
the State Supreme Court. The city subsequently awarded
$5,000 of the bonds to Geo. M. Bechtel & Co. of Davenport,
issuing the same under another law.
Columbus, Ohio.—Bonds Fofed.- The unoflBcial vote cast
on November 8 on the proposition to Issue $1,200,000 filtration-plant l)onds was 20,800 in favor of and 10,147 against the
—
&
issue.
tonuersviile, Ind.- Description of Bonds.- Proposals will
be received at any time for the $18,230 80 5% MO-year coupon
Btrtet bonds mentioned in V. 79, p, 1729.
Denomination,
$1C0. Date, Oct. 12, 1904.
Interest, semi-annual. Jacob S.
CJoods ia City Clerk.
Dallas, Texas.- Bond Sale Consummated.-The sale of the
$30,000 school bonds to John P. O'Brien & Co. of Boston,
mention of which was made in the Chronicle August 20,
has just been consummated. The price paid was par and
accrued interest.
Dayton, Ohio.— Bond Bids.— The following bids were received on October 29 for the $20,000
coupon etorm-watersewer bonds and the $16,000 5^ sanitarjj-sewer bonds
H
:
„
^ ^
BeaionBood & ,.
Mayer, Cincinnati
Third National Bank, Dayton
Jackson * CarUs, Boston
Alberc C. Case. New York
Paminson & Burr. Boston
Denison. Prior & Co Cleveland and Boston
,
Blake Br.jB. * Co., Boston
Uayton SavlDKS Bauk& Trust Co
Alberi KleyoolteiCo., Cincinnati
y-,"!; tl'iyes & sons. Cleveland
K""''* * *"0- ^'"f »""
Siu)^ahlrrl Naijonal Bank, Cincinnati
K. KleyholieA Co., Cincinnati
Union SavliiKs Rank * Trust Co
^ovldeni S»vin«R Ban k « Trust Co., Cincinnati
Well, Roth
4
$20,000
i% Bonds.
»|Z0.406 60
00
'ISOiOOO
20,382 00
20.370 00
17!723 20
00
20,380 75
17,716
17,203
17,6H0
17.387
17.440
20,8')H
3o.«6<!
20,304 Oo
20.2HO nO
20,27n 00
20.258 00
20,236 00
J!0,206
00
20,175 00
20.16000
20.105 00
Co.. Cincinnati
00
00
4-)
20
00
17,606 00
17,f,2!.
00
17,480 0;)
17 420 00
16,900
(
17,16126
• Issues awarded to SeasonRood A Mayer and Third
National
ton, respectively, as recorded lu last week's Cubonicle.
Dead wood,
<16,000
6% Boi-ig.
6o
*l',fl87
Bank
of Day-
voted at the election held Aug, 15, 1904.
East Palestine, Ohio —Bonds Defeated —This place has
voted against the issuance of $9,000 electric-light-plant bonds,
The vote was 108 for to 88 against— two-thirds being necessarv to authorize.
H
H
October 81.
Forestport, N. ¥.— Bond Sale.— On November 10 the $23,000 water- works bonds described in V. 79, p. 2108, were
awarded to Isaac W. Sherrill of Poughkeepsie at 100'76 for
4 per cents. Following are the bids :
Isaac
W.
,
Sherrill (for48l
$22,167 00
UticaTr. &Dep. Co. (for48). 22,000 00
Franfafttrt, Ky. Bond Sale.
I
|
First Nat.Bk.Utlca (for 4^8). |22.oo0 00
W. J. Hayes & 8on8(f or 4Hs) 22.99220
.
— We are advised that this city
has sold $30,000 5% funding bonds to P. S. Briggs & Co., Cincinnati, at 100"50. Date, Sept. 1, 1904. Denomination, $500.
Maturity, $5,000 in ten years and
Interest, semi-annual.
$5,000 in each succeeding two years,
Fredericktown, Ohio. Bond Offering,— Froposala will be
received until li m,, December 1, by Harry L. Ralston, Village Clerk, for $20,000 5% water bonds. Denomination, $500.
Dite, Dec. 1, 19C4. Interest, semi-annual. Maturity, $500
yearly on Decemt)er 1 from 1905 to 1944, inclusive. Certified
check for $1,000, payable to the Treasurer of the village, required,
Fnlda,
Minn.— Bond SaZe.— On November
4 the $7,000 6^
coupon refunding water and light bonds described in V. 79,
p. 1979, were awarded to U. M. Stoddard & Co. of Minneapolis at 103 '928, accrued interest ^and blank bonds free of
charge. Following are the bids
:
TT.
M. Stoddard &
N.W.Harris*
F. B.
Co.. Minn.. .»7,275 00
Co.. Chicago.. 7,282 00
Co., Chicago. 7,161 00
Sherman &
1
Chas.H.
Coffin.
Chicago
97.111 OS
Kane & Co., Minneapolis
7,00000
1
—
Gallov, Ohio. Bonds Authorized, The City Council on
1 anthorlz?d the issuance of $12,600 i}4'^ street
improvement bonds. Denomination, $800. Date, January 1,
Maturity, $600 yearly on January 1
1905. Interest, annual.
November
from 1906
to 1926, inclusive.
Neb.— Bond Sale.— On November 1 the $9,000 Qi
water bonds described in V. 79, p. 1979, were awarded to the
Bank of Bromfield, Qiltner, at 101111 and interest. S. A.
Kean of Chicago and Nelson C. Brock each offered par for
Giltner,
the bonds.
Girard (Ohio) School District.- Bonds De/'eafed.— The
proposition to issue school-building bonds failed to carry at
the election held Nov. 8. The vote was 247 for to 368 against.
Gloucester, N. 3 .—Temporary Loan. The City Council
has decided to borrow $12,000 from the Security Trust Co. of
Camden, in anticipation of the collection of taxes.
Gloucester County, N. J. Temporary Loan.— The $9,000
bridge-repair loan, mentioned in lant week's Cheonicle, has
been negotiated with the Farmer's
Mechanic's NaMonal
Bank of Woodbury, on note payable January 1, 1906, Inter-
—
&
est, 6^.
Gieers School District, S. C.—Bond Sale.— The $in,000
20-year coupon school-building bonds described in V. 79, p.
1490, have been sold at par for 5%a to F. M. Stafford
Oo., of
&
Chattanooga.
Groton, S. Dak.— Bond Sale.—O'^ Ocf-ober 3 this city sold
$5,600 5% refunding bonds to N. W. Harris & Co., Chicago,
at 101*818. Dtnominaticn, $5C0.
Date, DcC. 2, li)04. Interest, semi annual.
Maturity, Die. 3, 1924, subject to call
Dsc. 2, 1914,
Havre de Grace, Md.— Bonds ^«f/iortzed.— The Mayor and
City Council have authorized the issuance of $20,001 5^
10-30-year coupon sewer bonds. Denomination, $500. Date.
December 1, 1904, Interest, eemi-annually at the Citizens'
National Bank of Havre de Grace. Bonded debt at present,
$35,000.
Assessed valuation, $1,421,082.
Herkimer, N. Y.—Bond £?/ec<ion.— An election will be held
November 19 to vote on the question of raising $8,000 for the
completion of the city hall.
Holly Springs, Miss.— Bond Election.— We are informed
that the election to vote on the question of issuing $19,000 6%
20-year sewer bonds will probably be held the latter part of
December. A contract has been made for the sale of these
bonds should the election result favorably.
Homestead Township, Barton Comity, Kan.— Bonds Not
Fe« «o/d.— We are informed that the $19,000 5i refunding
railroad-aid bonds which this township proposes to issue
have not yet been sold. See V. 79, p, 644, for (iescription of
bonds. H. H. Smith (P. O, Hoieington) is Township Treas-
Dak.— Bonds Fo/ed.— This city has voted to
bonds for a water system.
Dublin, «a.— Bond O^erinflr.- Further details are at hand
relative to the offering on November 26 of the $45,000 5%
gold coupon city-hall, school, light, sewer and fire-department bonds voted at the election held October 25. Propo8f»l8
for thf 83 bonds will be received until 12 m November 26, by
V. L. Stanley, City Clerk. Denomination, $1,000. Interest
semi-annually at the Hanover National Bank, New York urer.
S.
issue $1.30,000
We
Edgerton, Wis.- Bond Sale Not Yet Consummated.—
are informed by the Tobacco Exchange Bank of E sgerton
that the sale of $9,000 5% bonds of the city of Edgerton recently reported as having been awarded to that institution
at 105*70 has not as yet been consummated.
Eldorado, Kan.- Bonds Foted.— This city on November 1
10-20-year (optional)' railroadvoted in favor of $20,000
aid bonds. These bonds will not be issued until after the
railroad is built.
Fergus falls (Minn.) School District.— Bonds Voted.—
15-year bonds mentioned in V. 79, p. 1979,
The $45,000
were authorized by a vote of 287 to 15 at the election held
—
:
—
THE CHRONICLE.
2166
Houston, TexBg.— Bond Sale.— Th\B city baa sold at private
W. R. Trdd & Co. of Cincinnati IKO.OOJ 6i 40 year
Bewer, pavicg, fire-atalion and school bocds at 1C6 and ineale to
streets.
It is poppible,
in e the^e bonds will be
Ohio.— Bonds Authorized.— Oa October 26 ihf
City Conncil passed ordinances providing lor
the following bonds
-iis
Issnatce of
:
$13,700 6% 1-10' year (Rerial) conpon Sixth Street asBeisment bonds.
nation. (1.87(>.
8,^00 it I lu jear (serial) coupon Third Street asBessment bonds.
nation, fti8U.
Both
iFsaesarft dated Dec.
1904.
1,
laterest,
Denomi
Denomi-
sem'annnal.
Jereey Shore (Pa.) Schodl D'utrlet.— Bond Sale.— Oa November 1 the $l9,7no ii 10-80-year sohODl bonds described in
V. 79, p. 1979, were awarded to Lrtn^recht Broi. & Ci. of
Cleveland and Phlladelohla at 100 67 and interest:,
Kansas Citr, Kan.— Soid Sale.— ^hia city sold some time
Binne to the W. Q. Bids Brokerascs Co. of db. Loais at par
a-, d accraed interest an isaus of $63,500
4J^< refaading bonds.
Donomlnation, $500. D.^te, Ane, 1, 19ii4. Interest, semiantinal.
Mntnrity, part Ang, 1, 1923. and part Aag. 1. 1934.
Lake Cit} (Iowa) School OUit int.— Bond Sale.— We are
advised that this dibtrict has sold |4,8(0 of 'he $8,0Q0 scboolhonse bonds described in V. 79, p. 799, to the contractors at
par for n per cents. Onr informant adds that the balance of
the bonds are for sale at the same price.
Laucaster Connty, S.
Aond* Not Sold.— We are advised
that the |75,CO0 4% refunding railroad- aid bonds described in
V. 79, p. 1730, were not eold on November 7, the date until
C—
which proposals were asked.
LtiWreuce, Nassau ( ouiity, N.
\—Eoni
Offering.— Pto'po-
B«l3 will be received until 12 M
Novtmber 15, by N. J.
Pcttit, Village Clerk, at tbe office of Fred. Icgrahtm, 192
Broadway,
Ycik, for $10,000 gold conpoa bonds at not
exceeding 5% interfs*. Denomination, $1,C00. Date, Nov. 1,
1904.
Maturity, $1,000 yearly on Kovtmter 1 frcm 19C9 to
Certified check for |6C0, drawn on a na1918, inclusive,
tional or 8tate bank or Iru^t ccmpany, in favor of J. Henry
,
New
Harper, Villaee Treasortr, required.
LkWibtOD, lAabP.— Bonds Not Yet 5cZd.— No eale has vet
been ma^e ot the $60,100
lO-20-.vear (optional) refunding
botds offered without success last January.
Lebanon, I'a.— Bond* Defeated.— At the general election
the vore c^st was 1,505 sgainst to 1,277 in favor of the ques
tion of iscuirg |165,C(0 bonds to cotstruct an additional pipe
H
line.
Long Erancb, N. J.- Bonds Voted.— 1\ie election Novem
ber 8 lesulted in li^vor of the prcpositicn to Issue $400,000
oeean-froLt-improvement, convention-hall and park bondp.
Louisbnrg, M. i^.-Bonds Net Yet Sold.—
are advised
that tbe |66,u00 water and light bocds which this town has
for sale have not yet been dipposed of. Mr. T. H. Lacy, Secretary of the Committee on Water Works and Sewerage, will
consider private bids at any time. For descripticn of these
securities, see V. 77, p. 2404.
LonfSTille, Kj.—Ttmporary Loan.— This city las borrowed an additional $110,000 from local barks, making $230,OOO which has been borrowed ot the $400,000 loan authorized
to meet the experees of the government until taxes tre col-
We
lectible.
McDt^nongb, Go.— Bonds Fofed— This town recently, by a
vote of 113 to 14, authorized the jseuance of $10,000 Q% schcolbuildir.g bonds, Sfcurities \^iil be cffcred in the near future.
M&diisonTille, Ky. Bonds Defeated,—
proposition to
issue $6,000 street- improvement bonds was dtfeated at the
recent election.
Man8lleld(0liio) School District.- Botwl Sale.— The highest bid received November 1 for the $15,000 il^i high sci-o-^l
improvement tends, described la V. 79, p. lt)6l, was that of
the Third National Bank of Cincinnati, which institution
offered $18,030 for the bonds.
Marlon, N.
Bond O^ertrg.— Proposals will be received
at any time by Wm. Sweeney, Town Secretary, for $30,000 5;?
3C-year gold water-works and eewerage bonds. Securities
wore authorized by a vo'e of 166 to 73 at election held June
Denomination, $500. Interest semi-annually at the
22, 1904.
Chaee National B*nk, New Yoik City. Bonded d bb, Including this iBEue, $S8,0CO. Assefsed valuation, $448,160.
Mari«n, Ohio.— Fiefs.— Following are the bids received
November 1 for the $11,000 414% street- paving bonds awarded,
as stated last week, lo ihe Dayton Savings Bank
Trust Co.
of Dayton
Dayton Sav. Bank & Tr. Co.. 111,262 25 P. S. BrijfKS & Co..Clnoln
tll.lSdOO
K. Kleybolte&Co..Otnoln... ll.'^aooo Dnion 8»T. Bk.4 Tr. Cc.cm. 11,12100
11,220 00 Uonisou, J»rlor & Co., Cleye8. Kulm & Sous, Cincin
Thir.l Nat. Bank, Cincinnati. Il,19dli0|
laua and boston
11,11700
A. KleybolteACo., Cincin... 11,1»«J00 W. J. U ayes * Sons, Cleye... 11,107 00
Il,l»l2 8J New 1st Nat. B'k.Colnmbus. 11,106 00
Well, Koth * Co.. Cincin
A
C—
&
I
|
I
Lauji-ir^cM Bros, itro., CleT. 11,161 70
W. K.Todd »<!o..Clticin.... 11.115 CO
SeasuDKOoU & Mayer, Cincin. 11,110 i-0
i
|
Prov. Sav. B'k ATr. Co.. Oln. 11,08860
llayden. Miller 4 Co., Cleve. 11,000 00
however, that the question of ieeusubmitted to a vote at the February
election next year.
Mexlo, Lime8t4ine CoBnfy, Texa'».— Bend .^a/«.— The
terest.
Iroiiton,
[Vol. lxilx.
$15,-
000 5« 10-4n-yeRr (optloral) school hcnse tirn(?s ffered without success on October 1 have h^en eold at nar and interest
lo the State Permanent fc'chool Fund.
See V. 79, p. 1855, for
depcripiion of bonds.
Middietowd, Ohio.— Bond Sale.— Oa November 1 the $5,000
4% street-opening and extension I'onds depcribed in V. 79, p.
1856, were awarded to Ogleaby
Barmi z at 100'30 and iu(
&
terest.
—
Mlnneepolis, Minn. Bonds Defeated. The proposition tt
ipsue $1,000,OC'0 flltrhtion-plant bonds and $JOO,OuO eobcol
bonds failed to carry at th» recent election.
Mobroe, Mifb.— Bond Election.— Oa Ntvcm' er 14 the
question of issuing $25,000 municipal-building bonds will be
submitted to a vote of the people.
>ew Castle, Neb,— Bonda Not Yet Sold.—
are advised
that the bid of par made on October 12 by S. A, K«an of
Chicago for the $6,500 5f 10-20-year (optional) waterworks
bonds was not accepted and that the bonds are now offered
at private sale without further advertieirg. See V. 79 p.
1856, for description of eecnrities.
D. A, W. Perkins is Village Clerk.
Self Waterford, Ohio.— Bond* Defeated.— Tbe cit'z^ns of
this viliage failed to antboiize a proposed issue of $5,000
5;^ electric- light bonds at the recent election.
New York City.— Bond Offeiinq, Proposals will be received until 2 p. M., Nov, ?3. 1904, by Edward M. Grout,
City Comptroller, for $35,000,000 Z}4% gold registered or coupon corporate stock, as follows
118,600,000 SH< corporate stock for yarions municipal purposes. Matuilty.
We
—
:
Nov.
4,250,000
2,250,000
1.
1H64.
sm corporate stock for water eurooses.
Maturity. Not. i, 193J.
corporntB stock for Kapid Transit Railroad. Miturity, Nov.
lU&l. Tbls will make $13,616,000 bonds issued to date.
8V456
1,
Interest in all caecs semi-anr,ually on May 1 and Nov. 1.
The above issues are exempt from taxation except
for State purposes. Either money or a certified check
drawn to the order of the Citv Comptroller upon one of the
State or national banks of New York City for 2% of the
par value of the stock bid for must accompany proposals.
Chapter 274 of the Laws of 1904, which appli^s to the sale
of bonds o.t the City of New York, provides th^t "allornone" bids cnnnct be considered by the ComptroDer unless
the bidder offering to purcnase "all or none" of the bon'^s
offered for sale ehall also cffer to purchase "all or any pan"
thereof.
Under the City Charter registered bonds may be iseued
in denominations of $10 or any multiple thereof.
This is the first public offering of bonds since the 137,000,000 sale of last May.
are jnst adviced
North Charlerol, Pa. - Bond fa?e—
that tte $12,C0!) Z% sewer and municipal buildirg boLds
cfferpd on Sept. 5 and described in V. 79, p. 927, weie ecld on
Oct. 3 to J. K. Tener of Cbarleroi at ICO 833 and interes'.
Oxford, Miss.— Bond Oj^ertngf,— Proposals will be received
until 7:80 P. m., Dacember 8, by R. S. Adams, Mavc, for
$8,000 6« 20-5ear eleotric-light bonds.
Fainted Post, N. Y.— Bond Sale.- On Nov. 7 the Beard of
R vtr Ccmmitsicneis of this viilege sold $12,500 4% dykeooDstruciion bonds to A. L, Wilcox
Co. at lOland internet.
We
&
Dt nc mination, $1,000, except bond No.
1. which will be for $510.
Infeitst semi-annually at the
office of tbe Barkert.' Tinst Company, New York City.
Malurity, $500 Nov. 1, 1909, and $1,000 yearly on Nov. 1 frcm
1910 to 1921. inclusive. Authority for issue. Chapter 438,
Laws of 1904. ViUsge has no indebtedness at present. AsDate, Nov.
1,
19C4.
sessed valuat^ion.
$32tt,< 03.
Fl) month (Pa.) Schot»l Dislrlet.— Bond« Fofed.— By a
vote of 1.191 to 250, this dis*rictat the recent election anthorizecl the issuance rtf $30 0'
4« school-building bonds.
Fenn Yan (N. Y.) Setiool District.- Bynd Sale.— The $35,000 4% bonds of this district offered on Oct. 29 have been
awarded to Faison, Leach
Co., New York City, at 103 56.
For description of bonds see V. 79, p. 1980.
Fortiand, Ore —Bond Sale.— Oi Nov. 1 this city awarded
$95,t.00 6.1 street-iroprovement bonds as follows
(|10,OOC®10300
|10,0CO®108-S"»
Fred. Lacgerman
&
:
A, B. Eokardt
<
(
J.
B Crossey
16,l0f@l0a-50
16.t'C0@ 102-26
l.ocx (aluS-oo
U
I
A. H. MaeKley
Ia.L. Mills
a. M. Smith
8O.i00m1(2(
7.00(@iC8-00
7.00,®102-00
l
10,000@102-60
H. K. ^oblo
D£incii!if^»tion, $QOl».
Date, Nov. 1, 19:4. Interest, samiMaturity. 10 years, 8ntj:)c^ to ca'l after one year.
anriual.
Pottbmoatd, N. H.— Bond t^att.—OD November 7 the $160,OCO 4% 2U-ye»r debt funding bonds, debcnbed u\ V. 79 p. 2110,
I
were awarded to Rudolph Kleybolte & Co
105'8l and interest. Following are the bids
,
New
York, at
:
uueoi
N. W. Harris 4 Co.. Boston
B. Kleybolte ACo.. Cincinnati. .lOfSl
jiond Oi/ertKflf.— Proposals will be received until 12 m., Slnklne Fund Commissioners
Merrill. Oldbam 4 Co., Boston IQl-O'^g
104-68
(for»20.Oi'fc)
10 "00
Kstabrook 4 Co., Bo;:ton
80, by 8. T. Qalgley, City Auditor, for $3,900 4f
H'5"15
ttl.OOO.. 105-00
Terry, Collin 4 Bnrr, Boston
coupon Davids Street improvement bonds. Denomination, Oeo. A. Kernald 4 Co., B08t<.'n..l(5'i83 Geo. W. Dixon
< i,tO'..io7-00
Date, Nov. 10, 1904. Interest, March and September B. U. KolUus ckSons, Bostuu...lt&'Ue
too. .10(00
$890.
I
at City Tri-asury. Certified check for 6;< of bid, payable to
Fort Vae, Pa.— Bonds Beaic reed— We'are advised that the
the City Auditor, required.
sale of th? sale of the $20,000 f^ 8U-year improvement bonds
Masstllon, Ohio.— Bond.9 Defeated.— On November 8 1,803 to W. J. Haves & Sons, Cleveland, the higheat bidders at the
votes wtie cast in favor of the $2: 0,000 water- works bonds sale ou S pt ember 6, was never consummated, and that the
mentioned in V. 79, p. 16GI, and 1,098 against. As a two- bonds h^ve since been reawaidtd to a trust company in
thirds vote was nec'-csary to carry, the bjnds will not be Pitt8bur;id at par for 4l4i bonds. Sae V. 79, p. 989.
issued.
Kai d Jpb County, Ind.—it'is.— Following are the bids reMechanicf>barg, Fa.— No Action Tet on Bond L sue.— We ceived on NuVfmber 1 for the $40,000 4i coupon funding
are informed that no ac ion t:a8 yet been taken in the matt*-'- bonds, avcarded, ae stated last week, to Faiscu, Leach & Co.,
of IsLuIng $10,000 bonds proposed for the improvement tf ot Chicagi"
November
,
•
^
:
—
THE CHRONICLE.
:N-oy. 12, 1904.1
Fsrson. Leaoh
Clnetn.$40^7
&
& Co..Ch1o»«o.$4l.500 00 HAfuontrood B'kMarer,Co .Cln. 40^15 16
to
Union Sar.
A Tr.
w K. Todd * (;o., Ctnolnnatl. 40,806 00
ro.. Ind'Hpoli*.. 41,464 fO
MaoDonald.McToT *ro..nil 4i.»2l 60
Meyer & Klser. Indianapolis. *l.*?5x,
K. U. Bash & Co.. Indlan'lis.. 41.280 00
R. Kleybolte A Co., Ctncln... 41.i'«* 00
K. M. Campbell * Co.. Ind'llB. 41.2«1 00
W. J HaTesAHon*. rie»e... 'JJpSOO
Weil. Roth & Co„ Cincinnati. 41.127 76
J
K.
Wild *
Wa'lace B. Camnbell
Harris &. Co., CIti«aKO.
N.
Indiana Trust Co....
Mason. Lewis AGO.. Cble.....
8. A. Eean.CfalcaKO
W
40.Hiio
SteeltOD, Pa.— Bond* Dereoted.— The propositions to issue
the following bonds were defeated on Nov 8 by a vnt* of
177 for to 2,275 against: $?0,000 funding, |?5,0i)0 Front
Street paving, $10,000 pumplng-station and $40,(jOO water-
00
40,452 00
40,40200
40.?62 00
40,040 00
plant-improvement.
Stockton, (jal. No Decision Yet from Supreme Court. We
are informed that the State Supreme Courc has as yet handed
down no decision in the suit to determine the val di)y of the
$160,000 if 40-year gold electric-light-plant b^n'i8 offered, but
not sold, over a year ago. As stated in The Chronicle
March 19, the Superior Court granted an Icjanct.on re-
—
i
ReaAlvg, Pa.— Bonds Defented. -The vote on November 8
on the proposition to lesne $945 000 if improvement bonds
was 5,808 for »nd 6,766 against the isaae.
Bock ford, Wash.— £ond« Voted,— This town on October
29 by a vote of 118 to 2, authorized the ieeuance of |5,893
water- workB bonds at not exceediDg &% Interest.
Sandusky, Ohio.— Bond Sale.— The following bids were received for the four issues of i% bonds aggregating $42,000,
described in V. 79. p, 1663
straining the city from IssuIdk these bond*?, from which decision an appeal was taken to the Supreme Court.
Snmmit, Miss— Bond OJferi»iflf.— Proposals will be received
until 7:30 P. M., December 6, by J. R. Jewett, Secretary, for
$18,000 6% school-taouse-buiiding bonds. Date, Do. 6, 19Q4.
Denomination, $500. Maturity, Dec. 6, 1924, subject to call
Deo. 8, 1914. Authority, Mis^ifsippi Code, 1892. Bonded
debt, includihg this issue, $41,600. Assessed valuation,
:
Third Nat. Ex. Bk.,8anduskf.$42,lfl7 00
42,04200
8 A Keanrci'loai"
Seas'oiurood & Majer, Clnoln. 42,037 00
American Banking Co.
(for
I
Par
»0,(jOO)
J. Hayes
& Sons, Cleve.. »41,470 00
Bonds were awarded to the Third National Exchange Bank
of Sandnsby.
San Pedro, Cal. ^Bond Sale.- Oa Nov. 1 the $80,000 5<«
sewer bonds voted at the election held Sept. 12 were awarded
to N. W. Harris & Co. of Chicago at 105 '228. Following are
W.
I
the bids
N W. Harrts* Co., Chloajro..f 31,567 00 Los Antreles Trust Co
John Nnveen & Co., Chicago. 3(i,e07 50 H.C. Rogers. Pasadena
2167
$640,000.
We
Sweet (Idaho) Scht^ol District JHo. 12 -Bond Sale.—
are advised that this district sold on November 1, $'3,5C0 5%
school- house-building bonds to the State Land Board at par.
Date, about November 15. Denomination, $500. Interest,
130,35100
80.125 00
from 1905 to 1924, inclusive.
Shamokin, Pa.— Bonds Voted,— At the recent election this
borough voted to issue |45,0C0 fire-department-improvement
bonds. The vote in favor was 1,497 and against the propo-
semi-annual. Maturity, November 1, 1914.
are advised that the
Tara, Ont.— Debenture Sale,
$6,056 18 i% local-improvement debentures offered on Nov. 1
were awarded to Q. A. Stlmson & Co. of Toronto for $5,753.
Date, Nov. 1, 1904. Maturity, part yearly for twenty years.
TitaBTille (Pa.) Sehool District.— Bonds Z)«/ea«ed.— The
proposition to issue $100,000 Eohool building bonds failed to
carry at the recent election. The vote was 414forto9C8
BiMon 1,062.
against.
Shamokin (Pa.) School District.— 5oncfs Voted.— The election held November 8 rf culted in a vote of 1,537 to 854 being
Toledo, Ohio.— Bond 8aJe,— On November 2 the $* 00,000
ii coupon refunding natural-gas bonds described in V. 79, p.
Trust Co.
1493, were awarded to the Union Savings Bank
of Cincinnati at 101 "761. Following are the bids
— We
Adams-Phillips Co., Los Anj?. 30,507 00
Date, Nov. 1, 1904. Interest, May
Denomination, |50
and Nov. 1 in San Pedro. Maturity, $1,500 yearly on Nov.
•.
1
1
&
cast in favor of issuing $84,000 school bonds.
SomerTlUe,
people of this
house bonds.
Texas.— .Bonds Foifed.— On October 31 the
town voted unanimously to issue $8,C00 school-
:
Un'onPav. Bk. &Tr.Co..Cin J101,761 60 Beasoneoort & Mayer. Ctn.. $101,666 00
Third Nat. Bank, Cincln. ..•101,770 00 Albert C. Case, New York... 101,657 00
111.625 00
Sec. 8av.Bk.&Tr.Co.,Toledo 1C)1,690 00 W. tt. Todd A Co
Ctncln.
Parkinson A Burr, Boston.. 101,650 00 Spltier A Co.. Toledo
11,077 00
I
|
.
South Sharon, Pa.— Bonds Voted,— A. vote of 239 to 118
was cast on NovfmVer 8 in favor of issuing the |100,OCO 4}4%
30-year street »nd sewer bends mentioned in V. 79, p. 1783.
NEW
•
Check did not meet requirements and bid therefore rejected.
INVESTMENTS.
BOND DEPARTMENT.
#100,000
NEWBRITAIN,CONN. THE AMERIOAN TRUST
SEWER BONDS.
SealPd proposals will be received at the office of
the Sewer Commissioners, New Britain, Conn., up to
nofin Nov. 22, 1H04, for one hundred sewer bonds,
sixtu series, each bo^d belotf for ore thousand
dollars, bonds to bear Interest at 4S5, payable semlannuallr, January let and July l8t,the principal
beconiinfj due in 193--. Proporals shall be accompanied by » certiflel check to Che amount ot Five
Hundred Dollars, pa' aale to the Treasurer of the
City of New Britain. The ntrht is reserved to reject
any and all bids as the interest of the City may
appear. Signed,
H. STKARN8.
KDGAK H. BEACH,
& SAYINGS BANK,
Chicago,
Offers
Railroad,
Illinois.
yielding investors i% to
S.
.lAMKS UBALY.
Printed
AND
Public
BONDS.
BOSTON.
DeKver.
and prices
application.
lists
npon
Compromised
New York &
SPILLER &
&
PREFERRED
Power
& Burr,
INVESTMENT BONDS
Perry, Coffin
Queens Electric
CO.,
Specialists in Inactive Bonds,
27 State Street,
«
•
Boston.
Light
San Franelsce.
Chicago.
5m.
Municipals of Kansas and
other States.
H. C.
Corporation
Service
E.H.ROLLINS & SONS,
SPECIALISTS IN
Defaulted and
MUNICIPAL
Municipal and Cor-
poration Bonds, conservatively issued,
Board of Sewer Commissioners.
.
|
INVESTMENTS.
LOANS.
.
I
A]V»
60 State Street,
Co.
BOSTON.
COmHON
STOCK.
MUNICIPAL AND
PUBLIC FRANCHISE CORPORATION
BONDS
T.W.STEPHENS & CO.,
BouKht and Sold.
Trowbridge&NiverCo.
MUNICIPAL AND PUBLIC SERVICE
BONDS.
CmCAOO,
1st Nat.
Bank
BOSTON,
Bldg.
60 State
Blodget, Merritt
&
2 Wall Street,
Co.,
BANKERS,
Congress Street, Boston.
»«
St
T. B. POTTER,
MUNICIPAL and DriMnc
O^Ml^O,
CORPORATION
172 Washingrton Street,
RAILROAD BONDS CHICAGO,
L.1HT
& Company
159 La Salle
COUNTY
AND TOWNSHIP
CITY^
St.,
-
-
•
E.
F.
R.
HAYES & SONS,
FULTON & CO.,
CHICAGO.
MacDonald, McCoy
tUKICIPAL
BANKERI^.
95
BOSTON, MASS.
Municipal Bonds,
171 LA SALLE STREET,
ILL.8.
MUNICIPAL BONDS.
O. Stanwood & Co,
Chicago.
RO N D
P^'^«^0»
J.
ON APPLICATION.
Establtahed 1883.
H. C. Speer
W.
OL.EVEL.AMD. OHIO.
MAB8AD STREET. HEW YORK.
CITY
York.
Street.
16
Kl ATE.
New
Milk
Oo.^
CORPORA T/OM
BONDS.
Street,
BOSTON.
AMD
&
171
La Salle
Street, Cblcago.
—
j
THE CHRONICLE.
2168
Kan.— Bond
Sale,— On November 7 the |15,( 00 fi«
eewer bonds described In V. 79, p. 1732,
were awarded to Albert C. Case, New York, at 102'93. Fol-
TopekB,
1-10 J ear (berial)
Jnwlnsr are the bids :
Albert C. Taso. New York
ICgrS
A. Kleybolre* Co.. Cincinnati. .lOU-95
A
—
:
|
I
Ppltter
w
ft
Co..
Toledo
10125
J.HHyeB 4 Sons.CleTeland.ini-ort
A Snyder.CleTe.iOO-60
Troj, N. Y.—Bona Offering.— Froj)ot&[e will be received
tintil 11 A M. to-day (Nov. 12) by William H. Gearin, City
Ccmptroller, for $57,844 78 i% public-improvement bonds.
Dftte of bonds, Nov. 1, 1904. Interest eerai-annually at the
office of the City Treasurer.
Maturity, $28,902 29 Nov. 1,
1905, and $28,942 47 Nov. 1, 1906. Certified check for 1% of
ihe par value of the bonds, payable to the city of Troy, relocal society
.Ic^-iO
'
Fuller. Parsons
quired.
Waco, Texas.— Bo«d Sa^e.— Local reports state that N. W.
Harris & Co. of Chicago were the successful bidders on November 3 for the |306,000 water and |59,000 school 5% bonds
described in V.
79, p. 1732.
tond O^erinflf.— Proposals will be received until 8 p. M November 15, by John Fltzgibbons Jr.,
Village Clerk, for $8,000 43.^* registered electric-light bonds.
Denominations, $100 to $1,000.
Interest annually in Wayne.
Maturity, $1,000 yearly, beginning in 1907. The village has
no indebtedness at present. Assessed valuation, $412,000.
Waynesboro, Pa.—Bond Election Not Yet Ordered.
are advised that no action has yet been taken in the matter
of calling an election to vo«^e on the question of Issuing $20,000 improvement bonds. There is not much doubt, however,
it is stated, that such a proposition will be submitted to a
vote at the regular spring election next February.
Weaiherford, Texas.— Bonds Voted.— The election October 29 resulted in favor of the proposition to issue the $25,000
sewer bonds referred to in V. 79, p. 1664.
Webster Groves, Mo.— Bonds Registered.— On November 3
the State Auditor registered $7,500 6% current- revenue bonds
Wayne, Mich.
,
—We
of this city.
Webster Groves (Mo.) School District.— Bond Election.—
will be held November 17 to vote on the question
An election
of issuing $30,000 school bonds.
West, Texas.-Bond Q^ennflr.— Proposals will be received
until 12 M., December 5, by the City Council, for the $12,000
5% school-house bonds mentioned in last week's Chronicle,
[Vol. Lxxix.
Date, Oct. 1, 1904. Interest, flfiml-annual. M>itur-|
p. 3112.
Ity, Oct. 1, 1934, sabject to call Oct. 1, 1914.
Certified check
for $500, payable to C. W. Halloway, Mayor, must accompany
each bid. Esiimated valuation of all property in city, $1,000,-.
000.
Assesstd valuation 19^4, $Z0i,^2^d. City has no indebt-|
ednees at present. Geo. N. Demon is City Atorney.
West Gate, Iowa.— BoTid Sale.— We are advised that this
town has sold $2,800 Qi water-worfes bonds to the BrowneEliiLwood Co. of Chicago at 101'C9. Denomination. $100,'
Date, July 1, 1904. Interest, semi-annual. M-itnrity, July 1,1
1924, subject to call $200 yearly, beginning five years after!
*
date of issue.
Wichita (Kan.) School District.- Purc/iaser o/Bond«.—
i
We
are inforjifcd that t*ie $94,000 4^^"^ refuaiin;? bnnds, tho|
sale cf which was recorded in the Chronicle October 29 oa
page 1982, were purchased at par by the K41 eas Permanent
Scdool Fond through the Fourth National Bank of Wlchita^i
Wllkes-Barre, Pa.— Bonds Fofed— The election Novem-.
ber 8 resulted in favor of issuing $408,000 4$ sewer, street
and fire-deparfment bonds.
Winthrop, Mian.- Bond Sale.— Oa November 5 the $7,000
5i water-works and electric-light bonds described In V. 79,
p. 1733, were awarded to F. E. Magraw of St. Paul at 104-07,.
accrued interest and blank bonds free of charge. Following]
are the bids
Magraw*
Co.. St. Paul. |T,2S5 50| Trowbrldee&NlverCo..Chic.»t7,a60«>
Co.. Mlnn'lts. 7.300 001 h\ B. Sherman ft Co.. CWca«o.*7.1»0 GO
+7.285 00 C. U. Coffin, :hlcaBO
Co., Cbic
»7.101 00
JohnNuveen&eo„ ChlcaKO..*7.2<»iJ60 tCane ft Co.. Minneapolis
•T.tOOOO
• And blank bonds free of charge. + And accrued interest.
F. B.
U.M.Stoddard
N. W. Harris
ft
ft
i
I
1
&
The bid of U. M. Stoddard
Co., we are advised, was conditional and therefore rejected.
Yoiikers, N. Y.—Bond Sate.— On November 5 the $100,000
i% tax-relief bonds were awarded to Farson, Leash
Co. of
Chicago at 100*37 and the $21,000 i% road-improvement bonds
were taken by the Yonkers Savings Bank at 100 40. See V.
79, p. 2112, for description of bonds.
Ypsilanti, Mich. Description of Bonds.
are informed
that the $15,000 bridge bonds, the sale of which was recorded
on page 1982 of The Chronicle October 29 were awarded to
an investor, name withheld, a portion at 100*10 and the remainder at par. Denomination, $509. Da-^e, November 1,
1904, Interest, semi-annual,
Maturity, $3 000 yearly.
&
— We
mVESTMENTS.
MISCELLANEOUS.
MISCELLANEOUS.
Rudolph Kieybolte&Co.
BANKERS,
HTBITING'S PAPERS.
RANGE OF PRICES
WOB. »2 YBA.Jta.
1882— 1903.
DKAUEBS IN
CUB ANNUAL
MUNICIPAL, RAILROAD and
THE FINANCIAL
STREET RAILWAY
1
BONDS.
NASSAU STREET, NEW
Interest Paid on Daily
and
For Business Correspondence,
YORK.
Tirr.e DepositSi
INVESTMENT BONDS.
SEND FOR
RETIEW
OiTes a monthly range of Stock and Bond Prloei
for five years. We can supply
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York.
Some
MASS.
Philadelphia.
wMch
"
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$2
1892-1896
1897-1901
1899-1903
PBR COPV.
may be had
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DANA COMPANY,
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7«^ PINE
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"
"
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gives 1882-1886
"
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"
"
"
PRICK,
WHITING PAPER COMPANY,
HOL.\OIi.E,
LIST.
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for letter written with your own hand, oi
by:the typewriter, are UNBQUALBD. Their qnalltj
Is asstired and they have won hlRhest honors at all
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t-
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FILE
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primed from type. 100 Stock Certificates, t.1 to
$25: the latter ei tTHved with uteel-plaie borders
— eleifnnu 8eal l»resn. if With CertiHciitee, Jl 50.
B. KING & CO., 105 WilUam St., N.Y
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(Telephone.)
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file
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