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Quotation -Supplement (M
<mu^ Street RailwaySupplement
Investors Supplement
StateandCitySupplement
{ S o te M M l a o e o r d l n y t o A c t o t O o o jr r M a , I n t b e y e a r 1 8 9 7 , b y t h e W i l l i a m B . D a x a C o m p a c t , I n t h e o f f lo e o £ t h e L i b r a r i a n o f O o n g r e s A j n

V O L . H6.

S A T U R D A Y ,

N O V E M B E R

She Chronicle.
P U B L IS H E D

2 0 ,

1 8 9 7 .

1897.

W EEKLY.
N e w Y o r k .. . . . .
P h i l a d e l p h i a . ..
P ltL a h a r g ..,.,.B a l ti m o r e ..........
B oS T alo.. . . . . . . . . .
W a s h in g to n ....
R o c h e s te r ...,,..,
S y ra cu se . ........
Sc r a n to ii.

F or O ne Year............................................................810 ro
F or S ix M onths..................................................................................
6 00
E u ro p ea n S u b scrip tio n (in c lu d in g p o s t a g e ) ......................... 1 2 0 0
E u rop ean S u b scrip tio n S ix M onth* (In clu d ing p o sta g e ).
7 00
A n n u a l S u b serip tto u in L ondon (in c lu d in g p o s t a g e ) ___4 2 10*.
S ix Mo*.
d o,
do,
d o.
10s.
A b o v e s u b s c rip tio n In c lu d e s th e

792,001,3^5
W5>W458
16.45S 130
16,791,S ly
0*681*100
*,068 rtN9

Ij'fHK&b
1*097,442

9Ja, 6rt

wiiminirtofw..*

Bingham ton. ***

Qci)T*tio.« m n i i t m tbaaed Monthly).
n t i m u ' Brpruantirr Ksaaed Qnarterlp.

S i k x b t R A H .tr a t S c m t x t s r !I**u*«i Q u a rte rly ).
S t a t e ajso C r r r S c t t l b m c k t (Is a a e d S e ra l-A n n u a lly ).

All of wblcb ar« fnmiabwS wtshont extra charge to .very sahtorttor of the

COBaXHCIAt. AJfO FtSASCUAJ. CUltOSIC't.X.
F ile Dover* h o ld in g s ix m onths' Issu es or sp e c ia l tile c o v e r s for S u p ­
p le m e n ts a re so ld a t 5 0 c e n ts e a c h : p o s ta g e o n th e ea iu e l* 18 cen ts.

Terms of Advertising.
T r a n sie n t m a tte r § 3 5 0 per In c h fo r e a c h Insertion.
S tan d in g B » » ln r * » C a r d . P e r Inch sp ace).
O n e t im e .................................. . 8 3 5 0 I T h ree M on ths <13 t im e s )..$ 2 5 0 0
O n e M onth
<4 t im e s ).. 11 0 0 ! Hlx M onths
(2 8 "
) .. 4 3 00
T w o M onths
<8 " ) . . 18 0 0 1 T w e lv e M on ths (52
"
58 0 0

London Agents:

i » ,8 l3
S i 4, S»M’

T o t a l M id d l e ,

903.59i.6n

B o s to n ..... ...
P r o v id e n c e . . . .
H a r tf o r d ... ...
N e w H a v e n . ..
S p r in g f i e l d . . . .
W o r c e s te r .
«

111,774,1
6. n 9,500
2.411,213
1.507 830

Portland.... .

F a ll H i r e r , . . . .
L o w e ll. . . . . . . . . .
N e w B e d f o r d ,.
T o t a l N e w B a g ..

15*4**310
1.6If, 10,1
1,566.1'5

1*044,877
#19,402
017.44*
H U 16,547!

P lo e S tre e t, C o rn e r o f P e a rl S tre e t,
P o st O w e s

Box

958.

C L E A R IN G

s e w

Yo

r k

.

The following table, made up by telegraph, ate., indicates
that the total hank clearings of all the clearing houses
of the United States for the week ending to-day. November
20,-have been *1,272.220,88 >, against ii,337,593,911 last week
and |1 ,215,110,471 the corresponding week of last year.
C tX A K tJ t# * ,
R ttu r tu t v I tU g r a fi,
H t w Y o r k .............
B o s to n
........
P h ila d e lp h ia ,....

Bainmorc.......
0Wc«i) ........
8 4 L o u is

.......

Mew Orlean*. ..
Seven cities, 5 e y e .
Other e ille s. S < i*y».....

T»W *n emee, 5 d#y»...»
All eiue*, l iUy.......___ _

IT«* Bndln. So
1897.

1890.

P * r C tn t.

+02

1807,888,501
82.198.004
53.63S.797
13.930,792
95 432.100
28,731.407
8,927,932

2008,932,108
89.048,317
50,194,288
12,877,377
78,04)0.353

22.548.083
10.003.084

+8-3
+223
+18-4
—10-3

6S0t, 753,409
184.900.492

*872,319.780
150.011, #13

4-2*0
+100

*1.059,734.981
2I2.4SI.389

*1,022,341,180
193,099,275

+10-0

-3 -3

*1,272,220,330

*1,215,440,47*

S e a ttle ..........
Spokane— . .. .

F a r g o ..................
S io u x F a l l* .....
T o ta l P a d do.
K a n sa s C ity ...,.* ,
M in n e a p o l is
**♦
O m a h a . . . •«

•+0-2 3t. Paul...,....... .

+37

+47
The fall details of clearings for the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
o p h f the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
ha ve to be in al Icases estimated,as we go to press Friday night.
We present below our usual detailed figures for the pre­
vious week, covering the returns for the period ending with
Saturday noon, November 13, and the results for the corres­
ponding week In 1996, 1895 and 1894 are also given. Con­
trasted with the preceding week, there is an increase m the
aggregate exchanges of acout fifty-three and a quarter mill­
ion dollars, and at New York alone the gain is sixty-seven
millions. In comparison with the week of 1898 the total (or
the whole country shows an increase of 10‘8 per cent. Com­
pared with the week of 1885 the current returns record a
gain of 13'2 per cent, and the excess over 1894 is 28'8 per
dent. Outside of New York the excess over 1896 is 11'7 per
cent, The Increase over 1895 reaches 3'G per cent, and
making comparison with 1894 the gain is seen to be 15'3 per
cent.
T o tal «U Citte* fo r w e e k ..

S a n F r a n c i s c o ..
S a lt L ak e C ity ....,
P o r tla n d .
L os A n g e le s ....
T a c o m a ,.,......

D e a r e r..., . .. .. .. .
D a v e n p o r t,,,,. .. .. .
S i, J o s e p h . . . . . . . .
D m M o in e s .......... .
S to u * C i t y . . . . . . . . .
L in c o ln .. . . . . . . . . .
W ic h ita .,,.,...,,..
T o o e A a ......................
F r e m o n t.,
H a s tin g s ,. . . . . .
T o t, o th e r W e st

S t. L o a » * .„ ,
N ew O r l e a n s ...,,..L o o l s T i l i e . .. . . . . . . . .
G a lv e s to n .....,.,,.,
H o u s t o n .....................

Savannah.... ......
R ic h m o n d ...,. .. .. .
M e m p h is .....................
A t l a n t a .........
D a l l a s . ! . ..................
N a s h v i ll e .. . . . . . .
N o r f o lk .................... .

W a co........ ..... .
Fort W o r th ...,,,,.

Augusta.........
Birmingham,.*.*.*
Knoxville.

L ittle H o c k ........

Jacksonville..........
C h a tta n o o g a .......
T o tal Boot h e m .

105,405,017

&6&2.000
3.132,613
L7tK«&0
1,160,63*
1*453.339
1,486.834
9 Z 4 iu
650,711
417,662

154.833,689

184,5-9.555

13,812,293

17,643,* .

1,265,0 <I
599.76-1
48 8 407

16*382 808
0.956 m 2
1,873,750
3,31 <1.636
8,882.6**7
2 M 1*73
3 300.00
1.939.4 ,5

1 LG 5 7 ,0 9 1
6,457,230
3 ,3 4 1,250
3,7<.y,07*1
3.180 007
2,7*6 063
2,512 703
1,710.103

1,303,3i1P
1,009*978
84 + 3 7 0
9u0.« DO
7*>B
649.791
4 n.?rt*
400 0 0
209 428
201.4 4W

3,107,126
1,086,037
1*640 7* a
5-4,875
1,179,000
401.985
410,510
340,142
2 3 1.351
2 4 ? 994
05.2Wi.584

*88.43 *,0f9

W ln n i p e c . . . . . . . . .
r f a m f H o tL . .. * . . . .
S t .J o h n ,.......,.
T o t a l C a n a d a ,.

1

+38
41030
+7-0

M ot l n o ln a « 4 In to tA in .

#7,113

4oi lies

116,907,110

103,200 017

13,402.170
7.695,729
1,416.018
8*174.127
696,400
665 807
36 999,317

102.120 412
:
6.790 301
7 .0 .0 254
6,723,776

8.O07+00
2.039 911
1 798 ffcd
1,440 673
976.7*1
7 0 i,i4 i
371,202

—7**
+390

W

12

ri6*i

+t»5
+21 0
415-6

0 7 ,12 8 .8 2 3
12 036.905
16.483.955
4 7cL607
L 7 80,344
1.069,49*

0,188 2i 0 *
2*064,880*
1,000,412-

1,800,731

1.23H 331
1,425 2*5
+018.21+--

07,360.889
13 241 600
0 .0 3.974
6,020 568
5 ,1 .8 ,9 7 0 8.069,000
3 + 5 0 018
2,263,203614.197.
480,932
400,967
289.720 *
291,190
f 0 3,1-50
2 3 8 .ii0 r
182.939
369,281

410880

-0 4
427 7
-1 2 5

sm

1,837,373,164 1,307.3 m. 135

Halifax .........

415*8

+tS|9
«-0.120 + 436
127 2
178.3-.6
'9,851 +7o r
+1S8
24,848,662
+10 0
10 8f fl.245
J 1.893,111
+10 H
1 3 + 49.
4*8 1
5five,690 12,6*8,625
8,Wr0 70h
-3 2
6.197 2 8
48 . 9
2,424,9 9
455 •m
+6'6
524 225
6*8.916
8
1.495.41)3
J,229,6; a 4|0
424 4
1,192 476
95* 0*7
682.Odft 450’l
8 % . 486
400**49
686,004
S i 4 160
nv
Si 665
55,014
01,09 |
4-37
1 «, 2“
•7*013*698 39.677.(04 t l 8 8
n,mn 352 + 2 7 ’V
80,608 452

IF ,000 019
8 901,7 9
1.50 V'0<
8 .5 '8 - 81
708,88 •
___ 0 d f $ h
80 480,147

87,307,601

JR
+S

*05.461
1*1-05
i’8 9.55

"74.S05.S7v

97 087,428
6,728.000
2 528.732
1-904 863
1.080.716
1.644,41."
1,500,116
!,0*7,7.-4
761*962

+ Tt

+ 10-9

279,000
346 40a
1*4 w26
164,075
182.791

9 9.31-

705,01
370,400
071,328,182

770.0i4.le9

+*0
43 u

447 0
46 i

385 las

*.8A8 U i
1.461 7u7
9 0 .1 -0

881,468
380>,80-1
—

«?

+5 5

275,781
296,76)

O u ts id e N . Y o rk
M o n tr e a l,,,. . . . . .

++ 3 1

».3J7

m ,m

2,56.7163

664.700 sosr

993,019 +Sfl
8G.809
S S t!

1894.

652,497,913
80.703,832
1 5 ,4 0 1,207
14,725 534
5.3*9.468

iJBSSi

T o ta l a l l . . . . . . . . .

T o r o n to .........

4 -1 6
419 3

1 6.-U.071
1.468, VM
7*6.816

S a g in a w .,....,- ,,.
K a l a m a z o o .* .. . . .
A k r o n . ............. . . .

R o c k f o r d . . . . .......
S p rin g fie ld * O h io .
C a n to n
. . . . . ...
Y o u n g ssto w ri*........
T o t , M id . W e s t ’s

iff

14 355,455
16.5H4.8d4
4,038 *86

2 016,63V 4*2J8

Bay C ity............

H O U SE R E T U R N S .

+10*2

6 .c 0 1,786
5 .3 ’. 8 7*3
S.477.3CO

L exington. . .. .. ..

1895

P . vent

lk%»X +ta1

G r a n d R a p i d * ,. ,,
D a y t o n . . . , . . . * — ..

CO V P AH Y , P u b lis h e r s ,

Is& T

1896.

n 801,2 7 P

C h ic a g o ............
C in c in n a ti....* .,..
D e t r o i t -------- C l e v e la n d ... . . . . .
M i l w a u k e e .. . . . . . .
C o la tn b n s ...,. .. .
I n d i a n a p o l l s -----P e o r i a . , . , , ...........

M essrs. E d w a r d s A SMITH, t D r a p e r s ' O a r d e n s , E . O ., w ill (alee s u b ­
s c r ip tio n s a n d a d v e r tis e m e n ts , a n d s u p p ly s in g le c o p ie s o f th e p a p e r
a t I s . each.
Toledo.. . . .
B. D I M

1 6 9 1 .

W e e k sfw ltn a N o v e m b e r 13.

Ql*aring» a t—

Terms of Subscription—Payable In AdTanee :

WILLI i n

N O .

872 304
877,681
2*0,304
218 078
2 u 5 474
200,718

148,821.910

188,452,5‘a6»

17.194,441
1,712,622

l6,18Si220^
1401,990

1,486*33

1 ,6 5 1 4 6 5
0 6 0,031
523 116
417,778
245.1 22
131721
23,774.01^
11,846+ 07
10,014, J 52
925
5 724.607
2.094.638
1.503,386

4.163

1.611.0 0

l ,l « 7 079
778 247
*7e 2 <14
448 N3 5
803 m s
62,740
09,790
41,71.8,7'# 0

1 3 0 9 705
1,22 i,«35

009072-

550,000
298.42* ’
322 045
76,019
20,987.313
11.865,61?
9 349,049
6 .2 -5 802
5 1 6 0 550
2,9 i 3,757
1,475,874
1,051,230
853.034
618 92E
487,819845630
63,518
8® 370

+ l? f

i l ls

+25
~S

+313
+13 4
+17'
—9*9
-4 0 7

+51 3
+17*V
+ 190

+22*1
-0 b

+24 9

+20 t
+144

+10>

“ +UW
+12 2

+16 7

+0 0

+04*0
+17 9
+ 1 6 -0
+17*0

12,720 507
8 130,024
1*117 706*
1,492,242
782,2631

2TN+81 _ S**Bdia

t P u b l i c a t i o n b l » o o n tl n a « a fo x t h e p r o i e n t .

918

THE CHRONICLE

THE FI NA NCI AL SITUATION.
Nothing of importance lias transpired this week to
change the course of affairs. In the main the conditions are favorable, but the future is not so assuring
as to make capital venturesome. The foreign trade
statement for October, which we give in connection
with our remarks on foreign exchange, indicates a
highly satisfactory state of the trade balance with the
outside world. At the same time the character of oui
currency, as we have shown in a separate article, keeps
the money market so abundantly supplied with loan­
able funds that the foreign exchange market continues
in an unnatural state, betokening more an unfavorable
than a favorable state of current accounts. This
would disquiet no one were it not for the disappoint­
ment that exists in conservative circles because of the
interviews with Congressmen which evince a determi­
nation to either play with currency reform or at least
not to earnestly pursue it. As a consequence it does
not, in the present shape of the Government revenues,
require a very long leap to jump to the conclusion that
gold will begin to go out after the first of January and
that then the other trying experiences we have so
often suffered from during the last four years will
follow.
The same classes find the outlook further clouded
by other uncertainties connected with the coming ses­
sion of Congress. Some strive to make out of Cuba
a stumbling block in the way of progress. We can­
not see, as we remarked last week, how that question
can reach an acute stage this year. So long as Spain
is using her utmost .endeavor to conciliate parties in
Cuba, to relieve the restraints on business, and to re­
spond to our complaints, it will be hard for bellicose
Senators (even [should [they seek it, which is quite
doubtful,) to enlist any wide-felt j sympathy in efforts
to disturb peaceful relations between Spain and the
United States. A feature which necessarily attends
the meeting of Congress—having in it far more
of danger to our industrial interests and which
should be carefully watched—is the appropriations to
be made for the coming year. With the existing
deficit in the revenue, not likely immediately to be
overcome, it seems as if there could be no two opinions
as to the need for smaller disbursements. It certainly
would be a great disappointment and might prove a
serious mistake if they are increased. With such
vital discussions attendant upon the meeting of Con­
gress, it can be no surprise that the prospect has
imparted a more quiet feeling among investors—a
disposition to wait and watch until at least the temper
of our legislators has been disclosed.
In the present waiting attitude of the public mind
regarding -business, changes in the condition of the
iron trade, which is by many looked upon as a sort of
barometer of our industries, are watched rather more
closely than usual. Hence it is interesting to note
that prices of iron and steel have undergone some de­
cline during the week, and that the tendency for the
moment seems to be downward. In many standard
grades of iron no change has occurred, hut gray forge
a t Pittsburg is 10 cents a ton lower than last week and 25
cents lower than a month ago. Steel billets are 50 cents
lower at Pittsburg and 75 cents lower at Philadelphia,
while in both cases the decline as compared with a
month ago is $1 25 per ton. Wire rods at Pittsburg sell
for a dollar less than a week ago and $1 50 less than last

[Vol. LXV,
=»

month. In finished iron and steel likewise several
changes in a downward direction have taken place.
The significance of this decline as an indication of
the state of general trade may easily be exaggerated.
Indeed, it is not necessary to go outside the conditions
of the iron trade itself for an explanation of the sag­
ging tendency. Production at the moment is on a
prodigious scale. The output of pig iron, it is
expected, will presently be at the rate of 1,000,000
tons a month. It k true that the latest figures
show that consumptive requirements have thus
far more than kept pace with the growth in the out­
put, stocks of pig metal having decreased rather than
increased. But obviously we cannot extend our produc­
tion indefinitely, and with any set-back to the revival
in trade we should quickly find that our furnaces were
making more iron than was needed to meet the require­
ments of consumers. What is true of the raw material is
true also of the finished forms of iron and steel. For
instance, the ‘Tron Age” says “ it must be recognized
that it takes a tremendous tonnage to keep the great
mills in fair humor.” The “ Age” thinks not too
much significance should be attached to the present
receding tendency in prices. Still its reports say that
buyers and sellers are skirmishing for position, and it
is evident that the immediate future of the iron and
steel trade will depend largely upon the outlook and
condition of general business.
We publish on another page our statement of the
gross and net earnings of United States railroads for
the month of September. It attracts attention by
reason of the magnitude of the gains disclosed, the
improvement in the gross on the roads reporting
being over 10 million dollars and in the net nearly
5f million dollars. It does not seem likely that
the October statement will equal
that for Sep­
tember in this respect; still the gain is sure
to be large. For the current weeks of November the
exhibits are also exceedingly gratifying. Some of the
roads are showing less striking gains than hereto ore,
but on the other hand a new group is coming to the
front with very heavy increases. We refer to the
roads in the Southwest. With the embargo on
trade arising out of the yellow feverlemoved
and the cotton movement also progressing with
great freedom, some of these roads are now
reporting the largest earnings in their history.
The first week of the month the comparisons were made
unduly favorable by the fact that there was only one
Sunday in the month this year against two last
year. But the improvement is very noteworthy
even for the second week. Our preliminary state­
ment for that week, published in our railroad
department, covers 50 roads in various parts of the
country, and show's a gain of $1,043,939, or 19-53
per cent over the same week last year. On the Missouri
Kansas & Texas the increase is $70,625, or nearly 25
per c e n t; on the St. Louis Southwestern the increase
is $26,100, or about 25 per cent; on the Texas & Pacific
it is $52,515, or over 30 per cent. In other parts of
the country the Canadian Pacific has $156,000 ncrease; the Milwaukee & St. Paul, $147,105; the
Denver & Rio Grande, $41,400, and the Missouri
Pacific, $115,000.
The money market has been very dull this week and
some bankers report it as almost stagnant. Money on
call, representing bankers’ balances, has loaned at
and at 2 per cent, with the bulk of the business and
the average at I f per cent. Banks and trust com-

N ovembeh 20, 1897. j

THE < HR0N10LE.

panics make no change in their minimum compared
with last week, some loaning at 2 per cent while others
seek to maintain 21 per cent. Very little business is
done in time contracts, though the offerings are lib­
eral, and rates are 21 per cent for thirty to sixty days,
3 per cent for ninety days to five months and 34 per
cent for sis to eight, months on good Stock Exchange
collateral. November is the month when merchants
usually liquidate their indebtedness, and it is reported
that this movement is now quite general and there is
no new borrowing. Consequently the market is quite
bare of commercial paper, while the demand continues
good and the business is confined to a few choice names.
Rates are 34 per cent for sixty to ninety day endorsed
bills receivable, 3|@4§ per cent for prime, though
some sales have been made at 34 per cent, and 4l@5
per cent for good four to six months’ single names.
The .Sub-Treasury has been transferring moderately
large amounts of currency to New Orleans this week,
sending $450,000 up to yesterday, and now that busi­
ness there is reviving because of the abatement of the
yellow fever epidemic it is expected that requirements
for money will increase. But banks having extensive
correspondence with the South report that they are
moving very little money to that section as yet, and
indeed not much to other parts of the interior. The
City Bank last week showed the large increase of
$6,418,200 in loans and $6,413,900 in deposits. This
was reported to he due to a loan to the Union Pacific
Syndicate in anticipation of the payment of the first
instalment of the purchase money.
There was some slight political tension in Europe
early in the week growing out of the strained relations
between Austria and Turkey caused by the demand by
the former for reparation for the treatment of an Aus­
trian merchant at Mersina. Turkey made partial
reparation in obedience to this demand, and then
Austria required that payment be made to the
Turkish Railway- Exploitation Company, in which
Austrians were interested, for the transportation of
troops during the Creco-Turkish War. Turkey
hesitated, whereupon the Austrian Ambassador at
Constantinople gave notice that if the require­
ment was not complied with by Thursday he
would leave Constantinople. On Wednesday it
was announced that Turkey had yielded. On Thurs­
day a Shanghai cable was published stating
that the Admiral commanding the German Asiatic
squadron on Monday entered Kiaoehon Bay, on the
Shangtung coast, for the purpose of demanding satis­
faction for the recent murder of two German mission­
aries. lie found three forts occupied by Chinese troops
and sent an ultimatum to the Chinese commander de­
manding the evacuation of the forts within three hours.
At the expiration of this time he landed a force, where­
upon the Chinese abandoned the forts and the German
Admiral took possession. The news of this incident
appeared to have no influence upon the European
markets on Thursday. The Bank of England mini­
mum rate of discount remains unchanged at 3 per
cent. The cable reports discounts of sixty to ninety
day bank bills in London 2-J per cent. The open
market rate at Fans is 2 per cent, and at Berlin and
Frankfort it is 44 per cent. According to our special
cable from London the Bank of England gained
£404,153 bullion during the week, and held £31,017,033 at the close of the week. Our correspondent fur­
ther advises ns that the gain was due to the import of
jE!)8 ,0Otj wholly from the Cape, to the receipt of

949

£346,000 net from the interior of Great Britain and to
the export of £40,000, wholly to Russia.
The foreign exchange market has been dull and
almost featureless during the week. There has been a
good supply of cotton and grain bills, but these seem to
have been promptly absorbed, for not much impression
has been made upon the market. The tone was
steady to firm early in the week, but it grew slightly
easier, though not quotably lower, on Wednesday,
partly because of the fact that there would be no
fast steamer until Saturday. Brokers say that not
only the character of the steamer but also the
date of sailing seems to have some influence
upon the market, those steamers which are fas
and which will arrive at or before the end of the week
being preferred for remittance, while there is a lighter
demand for exchange to remit by a slow steamer or by
one which will arrive out on or after Monday, the
interest for two day% being a somewhat important
item when discounts are comparatively high in Lon­
don. The mercantile demand for remittance, which
was a feature last week, seems to have subsided, but
there has been buying of long sterling to hold until
it runs to sight, and this inquiry was good on
Thursday. Last week it was reported that £275,000
in sovereigns had within a few days been shipped
from Sydney, N. S. W., for San Francisco. It was
announced on Monday that the Mariposa from Syd­
ney would arrive at San Francisco before the end of
the week with £300,000 sovereigns. The steamer
arrived yesterday.
Nominal rate- for exchange remain unchanged at
4 834 for sixty-day and 4 86@4 864 for sight. The
market was dull and steady on Monday and Tuesday
and rates for actual business were unaltered compared
with those at the close on Friday of last week, at
4 82-}'". 1 S3 for long. 4 854('{4 85£ for short
and 4 854@4 86 for cable transfers. On Wednes­
day the tone was a little easier, and some bank­
ers quoted sight sterling and cable transfers nearly a
quarter of a cent lower, but the market was steady
at the close, and no change was made in rates for
actual business. There was no new feature on Thurs­
day, except that long sterling was firm, and the market
was dull and steady to strong at the close. The same
conditions prevailed yesterday, the close being dull
and firm. The following shows daily posted rates for
exchange by some of the leading drawers.
D M t t POSTED SATES SOB rO B E tO N BXOBA.BOE.
FB I.*
Not*. 12
< 60 d a y * .
Brown B r o s .. . . . . 1
S iK h t.

KM

BariD*r,

i-SM

»00 fj&jn*

A Co Blifbt*.
B a n k B r i ti s h
j tW d a y s
N o , A m e r i c a .. l mffht...
B ank o f
>00 d ay * .
M o n t r e a l .......... ? S i g h ts .
C a n a d ia n B a n k i 00 d a y s ,
o f C o m m e r c e .. f g l i r h t , . . .
H e ld e ltm c h . ick * • 6 0 d a y s
e lh o i m e r 4 C o. SU rht..
UM tard F r o r e s . . . * 00 day s
! m ubt.,,
M. orchard.-*’ B k. i 00 d a y s .
J
C a n a d a ..

80*

w s ;.
TUCK.
F B I.,
Mo n
TftjSS.
Nov. 15. N ov. 16 Nov. 17. Nov. 18. Nov. 19.
aw

f t
MM

834*
AO

mu
Mu

mu
mu
m-u

80 m.

mu
m
mu
mu

83*

f t
M S,
•«w
83 m,
net*

mu
mu
mu

f t

Mi**

SOW

S 3
WM
mu

83 U
to *

mu
mu
mu

mu

mu
mu
mu
mu
mu
bm
am
mu

80 m.

mu

MS*

S “

mu
86

s i

S8M
SB*

mu
mu
?%u

f t
f t
ssw

m i
f t
f t

88

f t

mu
mu

m

Nominal rates on Friday were 4 834 for sixty day
and 4 86<b.4 864 for sight. Rates for actual business
were 4 8®f(g.4 83 for long, 4 854@4 85f for sight and
4 85f@4 86 for cable transfers. Prime commercial
bills were 4 824(5:4 824 and documentary 4 8 lf p l 82.
The Bureau of Statistics at Washington has this
week issued the atat ament of the country's foreign
trade for October, and wc give the figures below in
our usual form.

THE CHRONICLE

956

F okbiqn T a ir m Mo vbm bh t o r t h b U nitisd S t a t u s .
In th. following tables throe oloheri (OOO) are In all oases omitted.
- 1 8 9 6 .- -1897.—
Imporfc*. E xct» a .
E x p o rts.
E x c e s s.
Imports.
E x p o r ts .
1
S
S
9
OterclTdlae. C
£40.240 197.581 + 4 £.065
Jan.-March, £61.0*7 186.943 4 74.084
£01.300 17 £.074 + 3 £ 292
A pi.-June... £ £8 . 736 *261,8*4 —37.128
5J.109 + I5.r09
67,718
53.789 417.3*)
July...........
7 1.ICO
49.408 + 19,133
68.601
39.743 + 11.082
August......
86.825
50.956
+ 3 1.275
85.131
4
*.425
+6£.116
September.. 101.641
50.407 +63.049
113.516
49.970 +61.822
October...... 111.792
5 7 £.555 +£07,0x3

Total....... 853.030 6 3 8.731 + £ 19.296
Gold.
-705
1.083
Jan.-March.
1.281
1.831 +£1.890
98.721
Apl.-June...
+4.869
592
5.401
July.............
-£.391
4.374
1.083
August-----4.289
-4.140
143
September..
11.841 —11.030
311
October......
£4.413
+S.197
3 *.900
Total.......
Silver.
+
11.453
Jan.-March.
£.121
13.574
£.310 +1£.021
14,3*1
Apl.-June...
4.705
1.012
+3.093
Ju ly .............
1.491
+3.073
August.......
5.104
+3,727
4.584
857
September..
+3,533
5.225
1.092
.October.......
9.473 +38.100
47.573
T o ta l.....
Gold in Ore.
—1.189
1.227
Jan.-March.
89
1.184
-1 ,1 8 0
4
Apl.-June...
—3*4
347
3
July.............
344
-314
August.......
....
—*34
434
September.
-4 3 3
9
435
October.......

779.578

3 971

-3 .8 7 3

189

1.593

-1 .4 5 4

4.994
5.033
1.682
1.503
£.228
1.592

-4 ,7 4 7
-5 ,6 2 1
—1,082
- 1 ,5C3
-£ .2 2 8
—1,592

191
110
34
25
109
179

4,291
4,559
1,804
1.350
1,233
1.489

—4 .ICO
-4 .4 1 3
-1 ,7 7 0
- 1 .3 2 6
—l,>rtU
-1 .3 1 0

744

14.731

93
Total. ....
H tlv er In Ore.
Jan.-March.
247
12
Apl.-June...
July.............
August........
September..
....
October....
Total........

259

13,135
£9.801
11.908
1.970
61
343

£ £,6’4
£.503
1.600
4.057
34.159
£7.961

—9.409
+'47.338
-r 10 4 *2
—£,087
- 3 1.098
-U7.018

57.218

9£,850

- 3 5 632

15,280
14.047
5,738
5.276
5.534
4,794

3.823 +11.467
£.122 + 1*2.525
839
+4,899
929
+4.3*7
+4.7W2
742
+3.801
993

51.209

9.448

+41.821

358
420
103
232
187
233

—328
—394
—139
—210
—lf>6
—208

30
20
24
2
32
26

17.692 -1 7 ,4 3 3

+ Excess o f exports*

-1 3 .9 8 7

— Excess o f imports.

We subjoin the totals for merchandise, gold and
silver for the ten months since January 1 for six'years.
Me r c h a n d ise .

Ten.
Mos.

E x p o rts. Im p o r ts .

SlLVRi,

Gold.

Excel* E x­
of
p o r ts .
Export>

Im­
port*.

Excess
Ex
of
porte
Export 8

I m - \B x c e t

port-t 0'
por-

I
t
9
1
*
1
t
I 1 ’
4.014 47.832 *7.165 £0.00
1 S 9 7 . 848,030 638.734 *19-90 32.999 £8,3*4
1 8 9 6 . 7 7 9 57h 57*2.5 5 *07»23 57.357 9 4 .4 .3 *37,0,'« 5 *,013 ‘24.11U 27.83
1 8 9 5 . 6 4 5 018 076.123 *31.10 7 5 40* 3 * .l 7 44.947 43+5. 19.678 23.78
7
39 9»4 1 1,136 R5.HI
1 8 9 4 . 660.271 5 6 «.0U* 96.001 91,61
9.245136.877 16.424 £ 0 45.
18t#3. 690,897 6 7 7 060 1 3.037 7 6. 90 67.545
1 8 9 2 7 54.171 7 0 *'.105 45.000 02.512 13.3** 49,180 £7,3r5 1 7 ,l0 l|l 0.184
♦ Excess of Imports

In the last table gold and silver in ore for 1894,1895,
1896 and 1897 are given under the heads respectively
of gold and silver; for the other years both are included
in the merchandise figures.
The following shows the merchandise balance for
each year back to 1875.
EX CESS OS' M E R C H A N D ISE IM PO RT S O R EX PO R TS.

1 0 m o n th s e n d in g n et. 31 —
4 m o n th s e n d in g Ocf.\31—
1 8 7 5 ................1ui p o rts.$ 3 5 ,7 6 8 ,3 5 5
1875............Imports.$l 3,973,143
1 8 7 0 ................E xp orts. 9 3 ,0 49.941
1 8 7 0 ............... E x p o rts. 4 3 ,580,158
1877
....E x p o rts. 7 1 ,9 9 1 ,4 8 9
1 w7 7 ..........- .E x p o rts. 3 4 ,095,076
1878
....E x p o tn 2 3 7 ,0 0 5 ,0 5 1
1878
....E x p o its. 8 1 .* 1 1 . 116
1879
....E x p o rts.2 0 1 ,4 4 4 ,1 9 3
1879
... E x p o rts. 80,406.582
1880
...................... ...................... E x p1o8rts.
2 .4 x9 p
1 o rts, 7 4 ,208,997
8 0 1 0 5 ,4 0....E
1881
....E x p o r ts.l 3 0 ,2 0 1 ,9 2 2
1 8 * 1 .................E xp o rts. 32,201.9 v
1882
...................... ...................... Im ports.
3 ,0 7 p
0 o rts.
1 8 8 2 4 4 ,1 1....Im
4,07 046
1883
... E x p o rts. 6 3 ,2 1 4 ,8 0 0
1883
....E x p o rts. 1 7 ,131.847
1884
....E x p o rts 3 " ,3 3 8 ,1 5 2
1 * 8 4 ................E x p o rts. 20 ,5 8 2 ,3 1 7
1885 .. ......... E x p o rts. 6 1 ,4 6 * ,* 2 3 1 8 8 5 ................E x p o rts.
0,155,1 o
1 8 8 0 ................E x p o rts. 2 ,2 3 5 ,9 3 0
1 8 8 0 . , ............ E x p o rts.
3,214,068
1887
...................... ...J iu p o its . 3 0 .2
1 89807.-7 • ....Im p orts
3 ,200,743
1888
... lu ip o i ts. 8 1 ,3 2 2 ,8 3 7
1888
....E x p o rts. 1 9 ,747,537
1889
... Im p orts. 1 5 ,1 3 7 ,5 8 0
1 8 * 9 ................E x p o rts. 1 5 ,517,670
1890
... Im ports. 2 8 ,3 1 5 ,1 6 8
1 8 9 0 ..............Im ports.
9,593.8<>5
1891
... E x p o rts. 46.4 7 ,8 0 0
1891
....E x p o rts. 59,719,371
1892
... E x p o rts. 4 ,0 0 5 ,4 5 9
1 * 9 2 ................Im ports.
2 ,3 5 9 ,0 5 3
1893
... E x p o rts. 1 3 ,8 3 6 ,0 0 0
1893
....E x p o rts. 82,630,6*1
1 8 9 4 .............. E x p o rts. 9 6 ,0 1,369
1894
...E x p o rts. 2 8 ,1 7 ,297
1 8 9 5 ................Im ports. 3 1 ,1 0 5 ,0 1 5
1 - 9 5 ................ Im p orts. 2 6 ,370,010
1 8 9 0 ................E xports.2O 7.O J2.808 1896
...Exports 132,060.42*
1 8 9 7 ................ K x p o rts.2 1 9 ,2 8 0 ,4 3 2
1897
....E x ports. 182,340,583

The following statement gives the week's movements
of money to and from the interior by the New York
ban as.
Week Ending November 19, 1897.

Btceived by Shipped by
Banka. N. 1’. Banks.

V. r .

Net Interior
Movement.

*3.822.ooo
245,0001
Total gold and legal ten d ers. . . .

Ga1u.$l,133,000
222,000 ■•aln.
23,00<
*4.067.000 $2,911,000 G aln .$l,l56.0“C

With the Sub-Treasury operations the result is as
follows.

[VOL. LXV,
Out o f
B a n ks.

In to
B a n ks.

W e e k E n d i n g N o v e m b e r 18, 1897.

N e t C hange in
B a n k H o ld in g s.

Banks’ Interior movement,as above $4,007,000 $2,911,000 Galn.+l, 156.000
14,300,000 12,200,000 Gain. 2,100,000
Total gold and legal tenders...... $18,367,000 $15,111,000 Gain $3,256,000

The following table indicates the amount of bullion
in the principal European banks this week and at the
corresponding date last year.
N o v e m b e r 19, 1890.

N o v e m b e r 18,1897.
B a n k of

Gold.

S ilv e r .

T o ta l.

G o ld .

S ilv e r .

lotsX.

%

4

J6
31.917,033
120,800,890
41.908.000
50.331.000
20.148.000
9.289.000
4.105.000

£

*

A

35,078.937
36,078.937
77,200,202 49,248.427 120,508,029
27.977.000 14.225.000 ♦2.202,000
30.490.000 12.507.000 43.057.000
8.528,* 00 9.061 000 18.179.000
2.635,000 0,721.000 9.350.000
2.059,333 1,309,007 2.989.000
Tot.this week '90.689.954 83,928,909 284,018,923 185,228.472 93.742,091 278,970,506
Tot. prev.w’k 189,808.107 98,200.142 2^2,028,309 1«4,446,097 93.087,491 278,133,678

England.......
(Prance....
Germany...
Aust.-Hung’y
Spain.
Netherlands .
l7at. Belgium.

81,917,033
?8.s18,264 48.S42.6S0
27.099.000 14.209.000
37.903.000 12.308.000
9,22*,000 10,920. (00
2.0x8.000 0.061.000
2,730,007 1.30-5,333

• T h e d iv isio n (b etw een go ld an d silv e r) g iv e n in our ta b le o f ootn
and bu llion In th e Bank of G erm any and th e B an k o f B elgiu m Is m ad e
from th e b est e stim a te w e are a b le to o b ta in ; In n e ith er e a se Is It
olaim ed to be aoourate, as th o se b an k s m ak e n o d ls tln o d m In th e ir
w eek ly returns, m erely r ep ortin g th e to ta l g o ld an d silv e r , b u t w e be­
lie v e th e d iv isio n w e m ake is a c lo se a p p ro x im a tio n .
Vo t e .—We r eo e lv e th e fo r e g o in g r e s u lts w e e k ly b y oa b le, an d w h ile
n o t a U e f th e d a te g iv e n a t th e head o f th e oolu m n , th e y are th e r e ­
tu rn s lssn ed n e a r est to th a t d a te —t h a t Is. th e l a t e s t rep o rted fig u re s.

F O RE IG N

TRADE, F O R E I G N E X C H A N G E
A N D GOLD IMPORTS.
The foreign trade figures for another month have
been published and widely made a topic of remark.
There is one important idea they suggest, the most
important of the many thoughts they bring to mind,
we have not seen noticed. We refer to the significant
fact, they illustrate so tellingly, that every one of our
diverse currency systems is so wholly out of touch
with commerce that the quantity of the notes afloat
has no tendency to decrease or increase with a decrease
or increase in commercial requirements.
As we said last week when writing with reference to
our national bank notes, every one can understand
without having studied economic questions that the
people need more instruments of exchange when they
have added work for such tools to do, as for instance
when crops are to be moved, than when that work has
been substantially finished and there is no call for the
added facilities. We also showed a week ago that the
only alteration which has ever taken place in the vol­
ume of our national bank notes in active circulation
has been made in response to the price of the un­
derlying bonds, the volume having never been
in any extent affected by the wants of com­
merce.
As to the amount of the silver
certificates and the two classes of legal-tender notes
afloat, there has been of course no natural fluctuation;
as a rule, in a normal state of the Government rev­
enue, these notes go in and out of the Treasury with
very little daily difference between the total inflow and
the outflow. Years ago, when there was a consider­
able Government surplus, the Secretary of the Treas­
ury found it needful to, and consequently sometimes
in a measure did, regulate the outstanding amount of
these notes by permitting accumulations in Govern­
ment vaults in the summer and winter and putting
those accumulations out in spring and fall by en­
larged purchases of bonds. That was an artificial
arrangement, and was useful in the absence of any
natural action, but it was at the same time objection­
able, because it gave to an individual power over the
money market, which cannot be desirable •however
high in public esteem the Secretary may be.

iiOVEMBEB 20 1887.]

THE CHRONICLE.

95 f

What is wanted is an automatically expanding and means clear on which side of the account it stands,
contracting currency device to take the place ot our while goods brought in by travelers not included in
present non-elastic, rigid systems. In preparing a new the import figures must under the new tariff be smaller
bank note currency this is the one thing needful. If than in former years. Altogether we cannot believe
Congress would give to the country such a measure that the net balance for the three months shown by
and make it sufficiently profitable to the issuers, our the ordinary trade figures can be largely reduced by
legislators will have gone far towards solving the whole these various items. But to be on the safe side sup­
question of currency reform. We say sufficiently profit­ pose we leave off the odd 151,792,000 and call the net
able to the issuers, because with a perfect paper-money debt due the United States on the first of November
machine the notes withdraw themselves from circula­ 100 million dollars. Having made that deduction we
tion when out of use; consequently in estimating the must add 60 millions for the November movement
return the banks might receive from the privilege and another favorable balance of say between 50 and
granted of taking the currency out, it would not be 60 millions for December. What a marvelous amount
correct to count on the whole issue being in circula­ of suspended debt owing us these facts give the
tion twelve months of any year. This homing principle promise o f! Never before in the history of this
would leave a narrower margin for profit than that country has the like of it been known.
Under such circumstances as these why are we not
enjoyed under our present bank note system, which
notes are substantially always outstanding in their receiving gold and getting the debt owed us paid ?
Ask any exchange banker and he will tell you in sub­
full amount—always drawing interest.
The trade returns for October issued this week have stance that we are for the time being loaning the
suggested these thoughts. We give the figures in our money due us to Europe. The interest rates are so
usual comparative form in the previous article ; they | low here that there is a prospective good profit in
will well repay close study, for they afford surprising j buying long bills, borrowing on them in New York
results—results, too, which the current month’s t say at 21 per cent, and loaning the money in say Berlin
record when made up will render even more striking. at 44 per cent. That evidently does not pay the debt.
As a first fact it will be noticed that the favorable Hence it may be asked will not then the gold have to
merchandise balance in October reached the large total be sent here later ? The brokers' expectation, we
of #61,822,000. This, to be sure, is smaller by presume, is that no gold will come directly from
#1,227,000 than it was the same month a year ago; Europe ; some amounts may come through Australia,
but with the exception of October 1896 and of Septem­ as is now happening, sent that way possibly so as not
ber 1897 this item of the foreign trade statement has to disturb the foreign exchange m arket; with that
never equaled last month's total in any month within exception, it is expected that matters will keep along
the history of the United States, Nor does October as they now are until after the close of the year, and
stand alone in this respect. If we aggregate the j then brokers believe the affair will right itself.
similar balunccs for the last three months (August
The real explanation of this remarkable movement
to October inclusive), we fiud that the total for is to be found in our currency derangement, which
those months reaches #165,020,000 in 1897 against prevents even these large transfers of capital from
#116,457,000 for 1896; that is to sav, the result for the j having any influence whatever upon the interest rates,
three months of 1897 instead of being less is about 484 The tendency of the currency situation is to keep up
million dollars in excess of the same period <>f 1890, in a constant flow of paper notes to this center. They
face of the fact that the 1890 total was the largest; have been issued, they are out of work, they have no
which up to tiiat date had ever been attained.
home to go to, so they come here as the most likely
If now we carry the comparison a single step further i point to find employment. It, is a wholly unnatural
we shall thus, with the help of the foregoing, have a : situation ; it puts our money market as we
result that will afford a pretty complete picture of the ! have seen out of the reach of natural in­
present trade situation. That effect will be secured ! flueneea ; it disorganizes our foreign trade, and ends
through a contrast between the two years of the entire in such conditions of that trade that our debt is paid
trade for the same three months—August to October in large part by either a decrease of exports or an in­
inclusive—a compilation covering not only the mer­ crease of imports, or both. All we can say is, that is
chandise item used in the above, but likewise the the tendency. What in this case will be the exact
gold, silver and ore movements. Treated in this way, outcome it is hard to tell. The debt is getting so
t will be seen that on the face of these returns there large that one would think it could not be wholly de­
was an unpaid balance due the United States for ferred awaiting the slow action of the disorganizing
the three months ending with the first of November influences referred to.
1897 of #151,792,000, against a balance November 1
A R B I T R A T I O N A XI) TIIE E N G L I S H LABOR
1896 of only #61,297,000.
Of course there is this year one more than the usual
TROUBLES.
items entering into the actual trade balance which
The announcement last Wednesday of a truce in
cannot definitely be fixed. Presumably we had on the four months’ struggle between the English <f en­
August 1 1897 a larger account current with the out­ gineers,” or tool-handlers, and their employers, calls
side world than ordinarily, because of the large amount attention again to some novel and remarkable features
of merchandise sent to this country to escape the of this contest. It also raises distinctly the general
higher duties under the new tariff. On the other question of arbitration, voluntary or compulsory—a
hand, with onr very small imports since August 1, discussion to which the English newspapers and rewc prohabiv are carrying to-day a much smaller open views are vigorously applying themselves just now,
account, than in average years. But besides that item : under the stimulus of this prolonged industrial battle,
there arc the usual allowances for freights, undervalu- The truce, which seems to be merely an understandations. the security movement, etc. As to securities, ing between employers and employes that no further
the net balance i» probably small, and it is by no ! step will be taken by either party for the present, is

952

THE CHRONICLE.

[VOL. LXV.

We cannot say that this view of the matter presents
to last until next Wednesday, when a positive effort
will presumably be made to bring the quarrel to a a cheerful outlook for the industrial problem; nor,
on the other hand, does the long continuance of this
settlement.
The cause and nature of this English labor trouble
were set forth so completely by our Manchester cor­
respondent in the Ch r o n ic l e of September 11, that
we need at present only to recall one or two salient
points. It has been very clearly recognized that a
new principle in labor disputes is under experiment in
the episode. This particular industrial battle is not
strictly defensive warfare, so to speak, on the part of
the employers. It is offensive and aggressive war ; in
fact, it may be said that although the employes
clearly began the struggle—not being provoked to it
by a reduction either in wages or hours—the employ­
ers have consistently forced the fighting ever since the
London strike began. The contest has, moreover,
developed an expedient startling in its novelty and
quite unknown, if we are not mistaken, in all the
labor disputes of this country. As against the gen­
eral policy of a “ sympathetic strike” adopted on oc­
casion by labor unions, the Federation of Engineer
Employers, which is as formal an organization as that
of the laborers, voted in July a “ sympathetic lock­
out.” That is to say, if any member of the employ­
ers’ union was approached by the labor organization
with a demand for shorter hours, enforced by threat
of a whole or partial strike, all the other employers
would by agreement “ lock out” a corresponding per­
centage of their employes.
Of course the adoption of this policy led to an ab­
solute withdrawal of all employes m the federated
factories, under the orders of the laborers’ union, and
on this basis the quarrel has continued up to the pres­
ent week, upsetting this particular branch of the iron
trade in more than a dozen important English cities.
There has not, unnaturally, been some outside protest
against the employers’ policy, on the ground that the
policy of a “ sympathetic lock-out. ” may affect and
probably has affected laborers not in sympathy with
the demands of the laborers’ union, and willing to work
under existing conditions. To this criticism the
employers have answered : first, that they merely fore­
stalled the anticipated action of labor unions, and, sec­
ond, that if laborers willing to work on existing terms
are hurt by the “ sympathetic lock-out,” they are equally
hurt by a “ sympathetic strike.” In other words, the
employers’ union is merely using its adversaries’ habit­
ual weapon. In proof of this contention, it is pointed
out that whereas the lock-out as voted affected only
one-fourth of the employes of the federated mills, the
retaliatory strike ordered by the Amalgamated Society
of Engineers deprived of the opportunity of labor all
the remaining three-fourths, affecting, therefore,
three times as many laborers as the order of the em­
ployers.
It is not our purpose to discuss the future possibili­
ties of this new move in industrial warfare. Some of
the English newspapers hold that, although under
this novel principle “ the immense increase in the area
of battle is an evident evil,” yet “ there will be fewer
battles and the result of each battle will be much more
decisive and final.” This is the judgment of the Lon­
don “Economist,” which concludes its argument by
presenting the analogy of such a contest with interna­
tional wars, pointing out that “ it was when armies
were small that campaigns were exceedingly bloody
and that wars lasted as many years as they now last
weeks.”

particular struggle tend to confirm the prediction of
short “ campaigns.” This very analogy to military
warfare certainly would suggest arbitration if arbitra­
tion were feasible. It is, in faet, the great destruc­
tiveness of modern international warfare and its
enormous burden on society which have for the most
part stimulated the present movement for interna­
tional arbitration. If, then, the “ Economist’s ”’
analogy were to be pursued in the light of contem­
porary diplomacy, the time would certainly appear to
be ripe for arbitration of industrial disputes.
But the difficulties surrounding the question of in­
dustrial arbitration are very great. It is always pos­
sible, of course, for the two parties to such a contest
to agree to submit their case to a joint tribunal of
arbitration; indeed, this recourse has been in a meas­
ure agreed upon by both parties in the engineers’ dis­
pute. Each side has professed its willingness to sub­
mit its case to an impartial body with a membership
chosen in equal parts by employers and employes.
But the efforts of Mr. Ritchie and the Board of Trade*
to effect a formal agreement have been steadily blocked
by the familiar obstacle in the way of arbitration: un­
willingness to arrange the court of arbitration with a
neutral chairman having a casting vote which would
ensure a verdict one way or the other, and the diffi­
culty of procuring the assent of both parties to abide
by the decision of such a court in all its findings.
Theoretically, nothing could be more proper or de­
sirable than the submission of such a case to a compe­
tent and impartial jury. This very engineers’ dispute
fairly bristles with technicalities on which the twoparties to the controversy flatly contradict each other.
The engineers point out that a considerable propor­
tion of the mills in their line of business already grant
the shorter hours, and that the owners profess them­
selves satisfied with the result. The federated em­
ployers answer that these mills are small, that they
cater to a special branch of trade, and that for these
and other stated reasons it is possible for them to earn
a living profit on terms which would mean actual loss
to other establishments.
It would seem to be obvious enough, under such:
circumstances, that not only public interests but the
interests of the trade would be subserved by a review
of the case at the hands of a competent and impartialjury. On this basis many of the London papers and
reviews have revived the positive proposition for com­
pulsory arbitration of such disputes. It is contended,
as it has often been argued before, that since there is
a third party to all industrial disputes—namely, thegeneral public, which suffers by the resultant trade
demoralization—contestants who will not settle by
voluntary agreement or arbitration ought to be re­
quired to submit their case to a formal arbitration
court erected under the public auspices. A good deal
of attention has been attracted to the operation of com­
pulsory arbitration in New Zealand, where the experi­
ment has been worked out with considerable success.
1 he National, Review for November contains an
article in which this Australasian experiment is de­
scribed with interesting detail. The law, it seems,
was adopted in 1894, after standing on the calendar
of the New Zealand Legislature for three years. It
was applied to the whole community, and has been
followed, during the two subsequent years, by an

November 20, 1897.]

THE CHRONICLE.

«ntire disappearance of both strikes and *'•lock-outs
very many of the disputes being in fact settled by the
so-called “ conciliation board ” provided by the Act,
and not being carried to the arbitration court of final
appeal. The penalty for violation of the order of this
court is £500 or less, in the court’s discretion, levied
on anv individual employer or Trade Union, and if the
Union’s funds are insufficient, each of its members is
assessable to the extent of £10.
Mr. Reeves, the writer of this article, and some of
the London newspapers, contend that the New Zea­
land experiment is applicable to all other communi­
ties. But even Mr. Reeves admits that New Zealand,
owing to its small population and limited field of
manufacture, was a comparatively easy field in which
to apply the compulsory system, fie prudently shuns
the application of his own conclusions distinctly to
the engineers’ dispute. It is, in fact, when the theory
is applied to quarrels involving interests of such
enormous magnitude and individual employes in so
great number that the philanthropist feels the real
discouragement of the case. Nine-tenths of these
disputes converge on the question of wages, or on the
kindred question of length of hours. They enter,
therefore, into the delicate question of cost and com­
petition ; in England, where the pressure of German
competition, not to mention that of the United States,
is already severely felt, the whole question of the ex­
port market is involved.
Now we can readily believe that in a given case the
employer may be willing to give up much for the sake
of peace with his employes. We have no doubt, de­
spite the bad blood already provoked in this engineers’
dispute, that it will eventually be settled by at least
some concession. But the theory of an arbitration
court assumes necessarily permanent jurisdiction and
permanent awards. Let us suppose the employer to
accept the court’s decision in the matter of wage
scales to-day; what is to be his course when
the character of his market suddenly changes ?
Must he appeal to the court for permission
to reduce his wages in a bad season, and must
the trades union, on the other hand, applv for a species
of mandamus to compel a higher rate in times of
great prosperity? Certainly it is inconceivable that
the court’s award will fix an arbitrary rate for all
time. But if it doe3 not do this, it becomes, at all
events, the permanent dictator of the rate of
wages, and the manufacturer must enter on his busi­
ness with the knowledge that the most important ele­
ment in cost of production is to be fixed for him byoutsiders whose interests are not at stake in the com­
mercial outcome, and who can make or ruin a season’s
profit by their simple ipee dixit.
Would manufacturing industry offer any great in­
ducement to capital under such a system ? Would
the condition of labor itself be bettered ? If the
decisions of the court were to lean steadily to the side
of the employer, could the employes, in such num­
bers for instance as the English engineers’ union
comprises, be brought to submit graciously to the
operation of the law ? If, on the other hand, de­
cisions leaned uniformly against the contention of
employers, and the inevitable withdrawal of capital
from the trade ensued, to what extent would the em­
ployes be benefited ? We do not believe that the
compulsory arbitration theory has a chance of solving
the industrial problem until these questions have been
finally and satisfactorily answered.

953

THE BALTIMORE £ OHIO REPORT.
Special care is needful this time, in the examina­
tion and study of the Baltimore & Ohio report, to
avoid erroneous conclusions. It is undeniable that on
its face the report makes a rather discouraging show­
ing. On the one hand the income results disclose a
failure to earn fixed charges for the twelve months in
the sum of $1,177,121. On the other hand the bal­
ance sheet brings to mind the fact that receivers’ cer­
tificates were added to during the year in the sum of
$2,599,000, that the amount of car trust bonds and
lease warrants was increased $6,098,310, and that at
the same time there was an augmentation in the item
of “ Special Loans and Bills Payable” in amount of
$1,865,612, making the aggregate expansion in these
three classes of liabilities nearly 10£ million dollars.
But while such results are undoubtedly unfortunate
and furnish much food for serious reflection, there is
danger that they may be given a more unfavorable
coloring than the facts warrant, thereby leading security holders and the public to take an unduly de­
spondent view of the future of the property—which
they are apt to do any way when a railroad is in the
hands of a court and operated by receivers. It will
appear as we proceed that the adverse showing now
disclosed is in large measure the result of exceptional
conditions, and that with the removal of these the
outlook might easily and very quickly change.
As far as the final result in the income statement is
concerned, the showing has apparently been growing
steadily less satisfactory since the receivers have been
in control of the property—that is to say, in 1894-5
the company was able to show a surplus above charges
on the operations of the year in amount of $1,709,681,
in 1895-6 the surplus fell to $127,505, while now for
1896-7, as already stated, we have a deficiency below
charges in the sum of $1,177,121. If we rested here,
the conclusion would necessarily be unfavorable. But
tracing the changes back to the causes responsible for
them, things assume a decidedly better look. In
the first place we find that the altered result
can not be ascribed to any falling off in the gross
earnings, that on the contrary, these have been
steadily rising, the total having been $25,582,122
in 1896-7, against $23,944,781 in 1895-6 and
$22,817,182 in 1894-5. Here then is an encourag­
ing feature at the start. The business of the road
has not been allowed to go to decay, but has been ex­
tended and developed. And this view is further con­
firmed by reference to the traffic statistics. Thus in
the late year the road moved'more freight than in
any previous year, 18,716,655 tons having been trans­
ported, against 17,861,927 tons in 1895-6 and 16,080,423 tons in 1894-5. In the tonnage movement one
mile (which represents the actual amount of transpor­
tation work done) the p ogress has been yet more
striking, the company having carried 3.499 million
tons one mile in 1896-7, against 2,836 million tons in
1895-6 and 2,456 million tons in 1894-5. In this
latter case the expansion in two years, it will be seen,
has been 424 per cent—a remarkable showing.
To what, then, is the unsatisfactory net result to
be attributed? It might follow from any one of three
causes, namely increased fixed charges, a contraction
in the income from investments, or augmented ex­
penses. As a matter of fact, all three have contrib­
uted to make the outcome unfavorable. Fixed charges
have risen, roughly, a million dollars, while income

954

THE CHRONICLE.

from investments has shrunk to the extent of some
1587,000. The two together, however, account for only
about 1£ million dollars, merely a small part of the
great difference between 1896-7 and 1894-5. lienee
we are compelled to fall back upon the third cause*
namely an increase in expenses, to get an adequate
explanation of the changed outcome. And here the
figures are really striking. Expenses for 1896-7 were
$20,012,093, against only $15,801,044 for 1894-5, the
addition thus having been nearly 4£ million dollars.
The influence this has had in diminishing the net earn­
ings is of course obvious. With gross of $25,582,122
in the late year against $22,817,182 in 1894-5, net was
only $5,570,028 against $7,016,138.
We have stated above that the growth shown in
traffic and gross earnings was a favorable feature. But
the great augmentation in expenses which has occurred
coincidently—much greater in amount than the gain
in gross revenues—brings up the question whether the
statement may not, after all, need qualification. If
the cost of moving the additional tonnage was more
than the revenue derived from it, evidently there was
no profit in the operation, and the venture was a losing
one. Growth of traffic of this kind would have
nothing to commend it. We have no doubt, too,
that the general conclusion will be that ,the addi­
tional traffic secured was of this description—
that is non-paying. Moreover, the low average
rate realized on the company’s tonnage appar­
ently lends support to that view. But plausible
though such a contention may seem, analysis of the
expense accounts shows that it is not justified. Of
the total increase in expenses during the two years of
$4,211,050 only $1,246,283 occurred in the cost of con­
ducting transportation and $248,112 more occurred
und- r the head of general expenses, the heavier ex­
penditures in these two instances following, presuma­
bly, from the great enlargement in the volume of
traffic moved. On the other hand, in the expendi­
tures for maintenance of equipment there was an in­
crease of $1,429,126 and in the expenditures for
maintenance of way and structures an increase of
$1,287,52,9, being together almost 2f million dollars.
Put in another way, general expenses and cost of con­
ducting transportation have risen in the two years
from $10,862,095 to $12,356,490, while expenditures
for maintenance of equipment and maintenance of way
and structures have risen from $4,938,949 to $7,655,603. In the one case the increase has been less than
14 per cent, in the other almost 55 per cent.
That the receivers have been spending unusually
large amounts on maintenance account has been known
for a long time. The final comparison in the fore­
going shows how really exceptional the maintenance
expenses have been. Some $300,000 of the increase
may be attributed to a change in the company’s
method of treating the equipment renewals, hut the
bulk of the remainder must be regarded as reflecting
the wholly abnormal character of the charges for
maintenance; and this view finds further confirma­
tion in the remarks contained in the report. For in­
stance, the report tells us that during the year the
receivers rebuilt a large number of bridges, putting in
modern steel bridges, capable of carrying the heaviest
trains, in place of old iron bridges built many years
ago when rolling equipment was light, and which it
had become necessary to support with wooden trestles.
The cost of all these new bridges was charged
to maintenance of way. Again we are told that

[Y ol.

jlxa

.

the receivers also found it necessary to arch a
number of tunnels and to place in the track much
more than the normal amount of new steel rails, cross­
ties and ballast. As an illustration of such expendi­
tures it is mentioned that the entire Washington
Branch was relaid with steel rails, the ties largely re­
newed and a great amount of stone ballasting put in,
the full earnings of this branch having been used to
put its roadway in perfect condition. The Philadel­
phia Division is referred to as another instance, more
than one-third of the ties on it having been renewed
during the year. As to the heavy equipment outlays,
the report makes this statement: “ The receivers have
placed in thorough repair all the cars and engines of
the company which could profitably be p it in condi­
tion, and hence the large increase in expenses for
maintenance of equipment.”
It is thus evident that smaller net results, following
from the cause here enumerated, indicate nothing as
to the profitableness of the additional traffic which
the road has secured, nor are they to be taken as re­
flecting a permanent imjiairment of the road’s earn­
ing capacity. For the same reason the high ratio of
expenses to earnings, upon which so much stress is
being laid in certain quarters—it having cost over 78
per cent to operate the road in the late year—furnishes
no basis for gauging the operating cost in the future.
Expenses we see were swelled for a special reason.
When these extra outlays are again eliminated, be­
cause no longer necessary, the operating cost, we may
suppose, will also again drop to normal figures.
Obviously the object in view in these heavy expendi­
tures has been to add to the capacity and efficiency of
the property, so as to enable it at once to do an in­
creased volume of business and to do it at a smaller cost
per unit of work. It is this object also that explains
the large outlays on capital account, independent of
the heavy charges made directly against earnings. The
increase of $6,098,315 in the car trust obligations d u r­
ing the year indicates the large purchases of equip­
ment (locomotives and passenger and freight cars)
which have been made, and it is proper to say, too, that
since the close of the year there have been further pur­
chases of this character for an aggregate amount of $2,383,395. Again, the report shows that the construction
expenditures during the year, representing outlays for
additional track, sidings, real estate, etc., amounted
to $1,895,497. Besides this there were heavy outlays
on the Baltimore Belt Road and in various other direc­
tions. Just how much more money will be needed in this
way we do not know, and the report does not
tell us. It is obvious, however, that the receiv­
ers are simply anticipating the new capital which
it is usual to provide in the case of embarrassed prop­
erties after reorganization. In any scheme for the
rehabilitation of the B. & O. property the receivers’
certificates will of course have to be taken care of, but
to the extent that new capital wants have already been
provided for it will not be necessary to raise additional
amounts. And this is a fact which should be borne in
mind in considering the future of the property.
We do not pretend to say whether or not the receiv­
ers, in making such large capital outlays, are keeping
strictly within the actual requirements of the situa­
tion, but that the policy of putting the property in
position to handle and move traffic more economically
and in increased volume is the only feasible policy
and the only correct one—of this there' can be noquestion whatever. Conditions have greatly changed

N ovember 20, 1897,]

THE <HHON1CLE.

955

in recent years, and the B. & 0. is forced to accom­ the stock. Had rates remained the same as they
modate itself to permanently lower rates. It does not were the previous year, instead of a deficit there
seem to be generally appreciated how low the average would have been a surplus from operations.
rate on the road has got, or how great the decline has Yet the decrease was only the sixty-ninth thousandth
been within the last few years. We imagine it will part of a cent per ton per mile. '-'Recognizing this
be a surprise to most persons to hear that the general tendency in rates, it can be overcome only in the
average in the late year was hut little over half a cent handling of an increased volume of business. To put
per ton per mile, the exact figure being 5’24 mills. the Baltimore & Ohio Railroad in physical shape to do
Only two years before, in 1894-5, the average was 6'30 this has been the policy of the receivers. The expen­
mills, the decrease in the two years thus having been diture of large sums of money was necessary to secure
this.” Mr. Cowen states that the road has suffered
nearly 17 per cent.
In the ease of n distinctively coal road such a low from the want of cars and is still losing business on
rate would not be strange. Bnt the B. & 0. holds that account. During the last two months it has been
rank as one of the great East and West trunk lines forced to turn away 1000,000 of traffic which it might
with a large traffic in some of the higher and bettor- have had at regular tariff rates if its facilities had
paying classes of freight. On none of the other trunk !been adequate. Mr. Cowen notes furthermore that
lines is the average so small. The New York Central ] with the present resources of the operating deparfcin the same twelve months realized an average of 6*8 | ment gross earnings could be increased to 833,000,000
mills, as against the Baltimore & Ohio’s 5**24 mills. (they were *25,582,1*42 in the late year) without a proEven the Erie, whose tonnage is nearly 50 per cent coal, i portionate increase in expenses.
The company has revised its profit and loss account
realized about six mills per ton mile—in exact figures
5*96. The Pennsylvania also, on which a low rate is and marked off some twenty millions of accumulated
proverbial, fared better, its average in the late calen­ surplus, so that the credit balance to profit and loss
dar year on the lines east of Pittsburg and Erie having 60W stands at. only 82,110,277, against §23,737,442 a
been 5*64 mills. On the other hand, to the south of year ago. Of course these are book-keeping changes
the B, & 0. the Chesapeake & Ohio realized no more only, Bnt no doubt the fact that it should be deemed
than 4*19 mills and the Norfolk & Western an average desirable to extinguish surplus account in this way
will be looked upon by many as reflecting renewed dis­
of 4*41 mills, both, however, being coal roads.
These last comparisons furnish a clue to the condi­ credit upon American railroad management, the sur­
tions that have dominated B. & 0. affairs. Imme­ plus being* thus apparently declared to have been ficti­
diately to the north of it lies the Pennsylvania, with a tio u s In reality the action simply shows how trying
road and plant not excelled anywhere in the world, have been the conditions which railroad managers in
and able to move f eight at the lowest minimum of this country have had to contend against in recent years.
cost. Immediately to the south of it lies the Chesa­ In the sense that the surplus may have been looked upon
peake & Ohio, whose management have made it their I as that much cash on hand, it never had a ay real exist­
one purpose to he able to transport freight at the ence, of course. In the sense that it represented in­
amalle-t possible figure which would leave a profit. vestments in branch and connecting roads* and heavy
The facilities of the B. & 0. had to be enlarged and | expenditures tor improvements paid for out of accu­
improved so that it could cope with these rivals. In mulated earning-, the surplus was genuine, and its
one particular its traffic has been developed along simi­ appearance on the books legitimate and valid. The
lar lines with that of the Chesapeake & Ohio. Both | management have now marked down the value of the
roads have been building up a large tonnage in ! equipment and the value of the stocks and bonds
grain from the West, which has to be taken at owned by it, and also charged off certain advances to
very low rates, and both have been seeking to extend leased and connecting lines.
As far as these latter are concerned, presuma­
t heir coal traffic, which comes in competition wit h that
of other fields, and will not bear high freight rates. bly it is now thought there is little likeli­
In brief the B. & 0. was confronted with the same hood that the money represented bv the ad­
But suppose that
problem that confronted the Chesapeake & Ohio be­ vances will ever be repaid.
fore its reorganization a few years ago—that is, it was the rates existing a few years ago could still be
a question either of retiring from the field of active obtained, would not the situation then be different,
competition altogether or of spending largo sums.of and the advances represent a real tangible asset? In
money with the view to reducing the cost per unit of that event also would not the stocks and bonds owned,
service through au increase in the quantity of work now marked down, be correspondingly more valuable
done. The Chesapeake & Ohio management decided and the need for any marking down be obviated ? It
in favor of the latter course, and so evidently did the should he retnemoered that many of those items have
B. & 0. managers when the receivers took control of been carried on the books for years and that at the
time of the previous embarrassment of the com­
the property.
That we art* not mistaken as to the motives which pany in 1888 the accumulated surplus of the com­
have influenced the receivers, and that the rate situa­ pany was reduced no loss than 24§ millions. The
tion has had their active attention, is plain from an parties then in control were very drastic in their
interview with Mr. John K. Coweta reported in the methods, and everything that appeared to be without
daily press this week. Mr. Cowen pointed out that merit was wiped off the books. The fact that a fur­
could the B, Sc 0. have the same rate per ton per mile ther reduction of 820,000,000 is thought necessary
as the Chicago Sc North Western and the Burlington & now, in our opinion simply serves to emphasize, as
Quincy, it would be able to earn a per cent on live already said, that in the interval since then railroad
hundred millions of dollars. One mill increase per conditions have been growing steadily less favorable.
ton per mile on the business now handled by the B. Even the depreciation in the value of equipment, it
>4 0., he stated, would not only pay all of its fixod is easy to see, may bo entirely natural, due to the
•charges, but would leave a snug sum for a dividend on fact that rolling stock can be bought so very much

956

THE (HftONi LE

I VO L. L X V .

more cheaply now than formerly, and that old and which wrere registered in his name as trustee, and that ■
inferior grades of equipment have been supplanted fact appeared upon their faxse. Williamson specu­
lated through the defendants, who acted as his brokers
by later and more approved designs.
in the purchase, or ostensible purchase, of some thou­
COLLATERAL USED BY A TRUSTEE IN sands of shares of stocks, which fluctuated greatly
SPECULATING CAN BE RECOVERED.
in value ; and the transactions while sometimes re­
Rather overmuch has been made of a decision by sulting in profits, finally resulted in an alleged net loss
Judge Andrews in the Supreme Court in a case in­ of about $49,000. These stocks were bought, or osten­
volving claim to collateral pledged by a trustee of an sibly bought, ‘ on margins,’ and Williamson pledged
estate while speculating with the funds of the estate. such securities with the defendants, who themselves,
The decision upholds the claim of the estate to the and through a relative of one of them, still hold the
ownership of the collateral and the right to recover it same. It is claimed that no part of such alleged in­
from those who received it, with knowledge, or at debtedness of Williamson to the defendants has been
least notice, of the fact that the trustee had no right paid, but Williamson had no right to pledge such se­
to nse it in that way. The ruling seems to be looked curities, and, under many decisions, it must be held
upon by many as a blow at the interests of stock that the defendants received the same with notice of
brokers, on the theory that it subjects the latter to an the fact. No defense to the action, upon the merits,
additional risk in their dealings with their clients; is presented, and none of the technical defenses set
whereas the fact is it imposes only such restraints as up by the ingenious and able counsel of the defend­
are dictated by ordinary prudence and the plainest ants seems to me to be sustainable.”
It will be seen that the opinion says that the securi­
requirements of equity and fair dealing. Moreover,
the decision announces no new doctrine, but is simply ties pledged were registered in the name of Williamson
a reaffirmation of the old rule that a trustee cannot as trustee and that that fact appeared upon their face.
part with the property in his possession to those who This being so the brokers obviously could not have
act with him in transactions the character of which been in ignorance of the ownership of the securi­
is at variance with the principles governing invest­ ties, and with that established a judgment for the
estate followed as a matter of course. Counsel for
ments of trust funds.
The name of the cause was English, as trustee, &c., the plaintiff made a somewhat novel plea as to what
vs. McIntyre, et al., and it arose out of dealings by the trustee was entitled to in his judgment for a re­
the trustee of the estate of the late Chancellor Wil­ covery. They claimed for the plaintiff, English,
liamson of New Jersev which resulted to the detri­ among other things, a right to the profits
ment of the estate. Under the Chancellor’s will his on any particular transactions and to reject
son, Isaac II. Williamson, was appointed trustee of the any of the transactions in which there was
estate. The estate consisted largely of gilt-edged se­ a loss. They contended that their client had
curities. It is charged that the trustee speculated on a right to the profits which the brokers had made
margin with the trust funds in his control, that the out of any particular transactions in which the trust
speculations ran up into the millions, his dealings securities had been used as collateral for margins, and
being chiefly in wheat and sugar. He sometimes which transactions could not have been had except by
made money, but the final result was a loss of $49,000. the use of these trust securities. They argued that
When this state of things came to the knowledge of each and every one of the alleged purchases by the
the family they had Williamson removed from his brokers for account of the trustee imperiled the safety
trust by the courts of New Jersey and Theodore C. of the securities; and whenever a profit was made it
English of Elizabeth, N. J.,was appointed in his place. would be rfasonable and equitable that the trustee, if
Mr. English found that to secure their claim the he so elect, should have the benefit of such transaction.
brokers with whom Williamson had been dealing held
On the other hand, when a transaction was made
a large line of collateral belonging to the estate, imperiling these securities and a loss resulted, the
among others 70 shares New York Central stock, 20 right of the trustee to reject entirely such unlawful
shares Central of New Jersey stock, 152 shares Dela­ transaction seemed to them equally reasonable, and
ware & Hudson stock, 450 shares American Coal Com­ clearly in accordance, they thought, with the prin­
pany stock, 230 shares Hackensack Water Company ciples of law. They cited several cases apparently bear­
stock, 10 bonds of the Central of New Jersey and 20 ing out this view. They asked, therefore, that the
shares of the National State Bank of Elizabeth, N. J. judge rule that the brokers were liable, first, to re­
The new trustee made a demand upon the brokers for turn the certificates mentioned in the complaint and
these securities, charging that the funds of the estate shown to have been taken by them as collateral for
had been wasted with the knowledge of the brokers. margins in accounts of a highly speculative char­
The latter refused to comply with the demand, and acter and retained by them; secondly, to account
accordingly the trustee brought suit for the recovery for all dividends received by them from these securi­
of the securities or their value, and an accounting. ties ; thirdly, to account for all commissions which
On the trial of the action the brokers denied all the brokers received for alleged purchases or sales
charges of fraud or guilty knowledge on their part, made by means of these trust securities as collateral,
though they admitted that the trustee had dealt with except when the transaction is affirmed; fourthly,
them in speculating in stocks on margin.
to account for all profits made by them in any of the
The case was argued last April, and Judge Andrews said speculative accounts, in respect to which the
this week delivered a brief oral opinion. In giving plaintiff might elect to affirm the transaction and take
judgment for the plaintiff, he said : "T h e defendants the profits ; and furthermore that the plaintiff might
offered no testimony and the evidence introduced by entirely reject and refuse to accept any of the transac­
the plaintiff stands uncontradicted. Isaac H. William­ tions in which the defendants suffered a loss.
son was a trustee under the will of his father, and had
But Judge Andrews found himself unable to accept
in his possession a large amount of securities, all of wholly the foregoing exposition of the rights of the

THK (HRONICLR

Noyembeb 20, 1891,]

plaintiff. On this point he said : “ l a m not able to
agree with the learned counsel of the plaintiff that
the latter is entitled to recover all commissions and
interest charged to and received from said Williamson.
The plaintiff is entitled to recover the securities them­
selves, with any dividends or interest upon the same
received by the defendants, or the market value of the
securities with interest thereon from the time they
were delivered to the defendant.”
RAILROAD

GROSS AND N E T E A R N I N G S
FOR SEPTEMBER.
It was known from the first that the September
statement of earnings, both gross and net, would he
exceedingly favorable. The results fully hear out the
early anticipations. In gross the increase over last
year on the roads reporting reaches the large sum of
110,1(51,090, or 14*37 per cent, while in the net the
improvement is $5,491,948, or 24*21 per cent. We
have no record of any previous gains of t his magni­
tude. The conditions which prevailed are well known
to our readers. The grain movement was of extra­
ordinary proportions, while at the same time a revival
in general trade was under way. On the other hand the
yellow fever was a drawback in the South, the cotton
movement fell much below that of a vear ago, while
the bituminous coal strike also continued as a depress­
ing influence for at least the first half of the month.
The following furnishes the totals of the earnings
both for the month and the nine months. For this
latter period our compilation U somewhat more com­
prehensive than for the month, as it includes a num­
ber of roads which will furnish quarterly but not
monthly returns. As showing how much better re­
sults are now than at the beginning of the year we
may note that while for September the ratios of
gain, as already stated, in gross and net were respect­
ively 14*87 per cent ami 24 21 per cent, for the nine
months the percentages arc respectively only 4\25 and
11*18 per cent.
Set h m te r ,
tt$» *0*4*4
vm .

j

I
Bro** » * m ’» re ,m a * 2
Ojp*r, ***>,-..
m NVVIm

mm.
•

Ja n u a ry I to S p U m ttr 30.
( I f f rtia,U4
Incrm m .

im r .

j

1SB4.

Itu rta u .

*
to, w i j m « t < u m & * p 4 <o w $ 2#, 187,037
i3& .92i,m m 'w tw i'7 ;a

n .m fk T m

m m sos

sk*

957

the roads distinguished for either large gains or large
losses, and find that in the case of the gross there are
this time none of the latter. In other words, there
is this time no road which has sustained a falling
off in gross receipts amounting to as much as
830,000. On the other hand, there are at least two
systems which have enlarged their gross revenues
in the sum of over a million dollars, the Burlington &
Quincy reporting 11,249,693 gain and the Pennsylvania
(Eastern and Western lines combined) $1,192,500. In
the net the improvement is hardly less noteworthy,
the Pennsylvania showing 87:15,000 gain, the Burling­
ton & Quincy $862,929, the Northern Pacific $638,055,
the .Southern Pacific $-103,307, &c., &c. The only
roads distinguished for largo losses in net are the
Lehigh Valley and the Mexican Central and the Mex­
ican National, and except in the last case the losses
follow entirely from increased expenses.
P i:is C if'\L C tu s o '- S i s < f « O S S
I n r r i '« « e » .
C h ic. B u r l. * Q u in c y . * 1 ,3 4 9 .0 0 3
P e n n s y lv a n ia * . ______ 1,1*1*>,N<V)
M nrllm rn BfuSUw_____
077,0*13
C a n a d ia n P iudtle . . . . .
5 1 7 ,8 4 9
•Well. T >i>. * S. I V ___
5 1 1 .HISS
(In in n P.*elHo................
4 6 7 .4 0 7
S o u th e rn P f e lf la ..........
447.7*28
(H ina!*. C e n tr a l .............
4 * 8 ,1 4 8
Pit. A Fiend, a n d C A I .
4 3 2 .0 1 7
E r i e ...................................
4 2 0 .1m
Cldc Mil A SI. P au l..
332.717
O re g o n RR.
Nu-. ..
2:,!.*.*-.r>
K a n . f i t , Pitt*. A O .
17*2,318
O rv y n n I m p ro v e m e n t,
1 0 1 .5 7 8
.VnrtotIt A W e s te rn . . .
1 5 * . 157
WiUomli.............................
142.478
B a l t. A O h io ...................
140.811)
O r* 0*1 T runk................
1 2 0 .8 0 7
wi«.x>n*i» C e n t r a l—
Ii**,:i.*i7
C le r. (Tn. Ohio. A.St, h .
1 15 ,8 4 0
1 1 0 .0 0 8
S o u th e rn R a ilw a y ........
Bonier, A Saahv
100,177
Denver A R foG rande.
103.288
C e n tra l « t N ew J e r s e y
0 2 ,2 0 3
Bio G*unde W estern.,
00.008
e lite O re it Western ..
85,081
St. Boat* A Saa Fran,.
83,591

K U ts ix o s IS S E P T K J I B E B .
I lle re ils e * .
Kl:tn C. F t .8. A M em .
$ 8 2 ,8 3 9
N o rth e rn C e n tra l . . .
8 * .1 0 7
P i i M u i n t A W e s te r n ..
68 067
C h tia a n e a k o A O u lu ...
6 7 ,0 0 9
O n. Pm*. Den. A O n lf.
0 5 .5 4 1
! h .v .d i u : .v B .V .CT.
57.(583
Chic. r n l. A L o u ie v ...
5 6 .1 8 1
N aaliv. f t m t t . A S t, B.
5 1 ,0 3 0
O ’ e rn n s h o r t Li e ___
5 1 ,4 1 2
47.702
Alimrhoiv V alley........
B u rl. Cert. R ap . A N or.
4 6 .7 8 3
M m t. A *1 x. C u lt . . .
4 8 .5 9 5
F li n t A P e r e M arti . . .
4 3 4 55
C in N. o , A T«*x. P a r ,
4 2 ,5 0 8
B a k e E r ie A W e s te r n .
4 1 ,2 7 1
M m n. S t. P , & B . 8. M .
4 1 ,1 3 8
St. .io« A till. I s l a n d ..
3 9 .6 2 1
P hil. W lltn. A B n f . . . .
3 0 .1 0 0
Ft- W o rth .V- D eny, O ..
3 5 ,0 9 2
W e d . N, Y. A P e n n . . .
3 4 .4 7 9
W est J e r - e y & SeiM tl,.
3 3 ,0 7 4
B iff. R neh. A P i t t a ___
3 3 ,9 2 5
G r a n d Rapid© A I n d ..
3 0 ,1 7 1
T o ta l fr e p r e a e n tln u
6 8 m a rts ).................. * 9 ,8 9 4 ,5 1 8

l C overs Htt»* d irectly operated both oast and west nf P ittsburg an d
Erie. The emus on the K tstern lines increased $033,300 and the gross
on the Western lines Increased $309,200.
I 'K i x c i r t i . r t u s n u

In c re a se * .
P e n n s y lv a n ia I ..............
Ohio. B ur!. A M i t e r , ,
N o rth e rn p M ttlo .........
S o u th e rn P a e itlc ___
C a n a d ia n P a e lflo ..........
U n io n P w e tB e ,..,,___
N m fo lk A W e s te rn ___
A rch T o p . A 3. r e . . . .
O rest. R R A l a v . . . . .
f h i e . Mil. * S t. P a u l..
P h il A R«a*l. A G . A t.
G ra n d T r u n k ..............
B o n la v .A N a * h v ..........
W isc o n sin C e n t r a l ___
Illin o is C e n tra l .......
O re y o n Im p r o v e m e n t
O re a o n S h o r t L i n e . ., .
C e n tra l o r S . 1 ..............
K an . C. P itts . A IJ u tf..
Wa>>o»h ......... , ...............
A lle g h e n y V a lle y ___
E r i e ..................... . ........
N o r th e r n C e n t r a l .......

m

N E T b *a v is o s m

S E P T K IT tB K U .

I tir re a * e » ,
*735,000 D e n v e r A R ln G rand© .
0 6 2 .0 2 8 Sf, Bon a A H an F r a n ,.
6*28,088 Bin G ra n d e W e s te rn ..
4 0 3 .3 0 7 C h in a en O r, W e s te rn ..
3 0 1 ,5 0 3 P in . N. O. * T e x . P a n .
288.1*28 B u rl. C e d a r R ap. A N.
2 7 1 ,0 7 6 M o n t. A M e * . C u l t —
1 8 2 .3 0 2 Ph‘l. Wj|. A Balt.........
150.307 I n Pa**. D e n v . A G u lf.

141,779

1 3 4 .1 5 4
1 2 0 .8 8 0
1 1 4 .2 4 8
97,9*21
0 1 ,7 4 3
7 4 .8 2 4
0 8 ,3 7 0
6 2 ,0 3 5
0 *,468
61,8*28
5 7 ,6 4 0
5 0 ,1 0 7
5 4 ,8 6 9

R a h . C, F t, 8 . & M em .

B a lt A O h io ...................
S o u th e rn R a ilw a y ........
T o ta l (r e p r e s e n tin g
4 7 r o a d s ) ................. $ 5 ,3 0 7 ,7 8 4
I> eerca »e*.

Beh.V. RR.auil B.V.O’l,
$100,493
Of course we are comparing with diminished earn­
M’>y leal f « u t r u l ...........
1 0 0 ,7 8 0
M e x ic a n N a tio n a l........
5 0 ,1 7 9
ings la*t year, hut it is proper to say that the loss for
T o ta l (rep resen tin g
September of that year was much smaller than for
4 road s).....................
$ 2 6 6 ,4 5 8
August, amounting to only $1,148,686 in gross and t C overs lin e* d ir e c tly operated e a s t an d w e s t o f P lttah n rg a n d E r ie .
e nnt on th e E ti~ te rn lin es Increased $ 3 4 5 ,3 0 0 a n d th e n e t on th e
$158,541 in net. This loss then followed quite con­ TWhestern
lin es in oreased $ 3 8 9 ,7 0 0 ,
siderable gains in gross and net iu 1895, but these
When arranged in groups, every group records a
gains in turn came after heavy losses in 1894 and gain in gross and only the Mexican group has a loss
1893, as will be seen by the following.
in net. The anthracite coal group, on account of the
rather unsatisfactory condition of the anthracite
Q tm t
yn. B it'ii i>u«
W m t 3*4
nw »km
trade, lag3 somewhat behind the others, having only
r e tt
Tea*
In c r ta * * n r
Timr | im stm n t>*j
Tear
(firm .
U tcre-n * . j
P r w i i n g . D tc r e m t
Oinm ,
6*46 per cent increase in gross and 4*19 per cent in­
8rpUmh*r
t
I
1
*
*
»
i m% ■m
24.dtt7.lit
+1.0C 0 !
4-2-5.010 crease in net.
JW S i t i
ttm
i n m fill*
l aof m o
i m am>
Ja n i i»
mm* m

<B .»tf.S»2i

mu

u m
If«

i m%
iff s
la**©
tm f

0 1 .4 9

;,* a

,m*i

-7 ,ift> n il| +3.018.4 2
tl l B I . t a i —I, H *.484
IS U m jIK H .jje i.lA .

2l.-*7-J»4
-2.'*«4.3?3
is
it.a h t.is * -3.073,«35
mo 19,790,6(3
4-072,538
-158,541
tOJW.499
mM& m
+5,491,9*#

ttm
*14
«M »*w
<146 $*9A99t£8W
- * . 413,19 1 I""*,......
a t* aftgyt ■9*.
#» .* ?* 3*s. ~-7Xt» *vM?
u m %n,~m s* < ■ M .*i»A *>i+ *»»A «7*2
,4»
if-r 15 1. %•*#•; -fo. f 0 * 1
in =, ato «■%
***. i* '.tm *
*it . **■71 8**:l

4'* t

+6.068,70*
-7,270 1597
-30,209,719
I f f M *6.93H 6.4 70,308
03 + 1 ,817 663
H i ,9 s i -i po

I f f , 170.24

i«i

:
The generally favorable character of the returns is
well shown when we undertake the presentation of

SUMM ARY BY" G ROUPS.

SWTtlOK |>K
S ttO IT P.

*•

N et.

Q ro»* B a r m n g t -

1897,

S e p le n b er.
f malt tin e » .4 1 $
A n t h r a . on»l.(7>
fiw tv A M i d . a a i
M id. W e n t ’n A 2 \)

tm .

1897.

t
19.95+482
9.670,195
8.886,42*
4 629,025
9,954.105
8 0 ath w est’ll ,(1hi
6,675.688
Pftot fle f lo a s t (18 ‘ 13,918*726
9,015,368
i o a t f i e r n . . ..< 3 L
4 b jic f tti . . , , , ( 5
1,782,351

t
17,758,PS':*
9,0^4,19.
2 69+941
3,964.070
8,037,593
5,56 ‘,184
1 1 ,2 3 7 /2 1
8,378,074
1,708.814

1
6,730.109
2.284,06*
1,117,109
1,4 L W
4, 94 680
2,341 9 .3
6.418*3
3 ,1 8 8 +«G
690.130

78,»DI.S82

68,330,272

28,181,101

T o h . C1 D8 r'(J»)

Earnings.

1890,

I n c , o r D ec.

*
5,9 9,98
+ t,0 5 \l? 7
2,19 '.791
+ 9 1 /7 0
878, m
+ 2 : 0 ,0 * 1
1.189.998
+ 2 4 7 ,0 * 0
3,071*,840 + 1,017,034
1,8 i 3 . l t 1
+ 4 4 9 .8 1 2
4,498 1-48 + 1 ,9 7 7 4 79
+ 5 3 0 ,5 9
8,0*7.46081,019
—80 88
1

22.0^8,156

+ 5 ,4 9 1 .9 * 8

P. 0.
18«
4 19
27-23
1008
63*08
23 71
4455
19 97
13 35
24-21

THE CHRONICLE.

95s

rvon, lav,

preferred by the Executive. The vote seems to have caused
disappointment in the Transvaal, but in Lmdon it is regarded
I as a practical defeat of the Government, and the first step
P
.
0
towards getting rid of the monopoly.
$
*
8
*
J on.i to S e p t. 30.
t
10-07
The increased strength shown by the Democratic Party in
N e w B lu rt’d .(i0 > t o , 342.277 61.517,879 17,683.943 15,935,501 4-1,748,442
9*21 the recent elections has made a bad impression here.
67.545,047 62,691.293 +4.853,754
It is
T r u n k linos.<16> 191.2C2.10-2 180,94 7,0 I t
1*39
—225.124
A n t h r a . c o a l (10) 56.971.340 57.072,00^ 15,993.714 10,218,8:18
feared that the silverites may be encouraged to make another
8
37
+500,950
0,052,929
0,569.879
M id d l e .. .. (Sl> 21.618,845 20.220.918
effort to obtain control of the Government of the United
7-00
+098,322
9,120,697
0,814, 19
M id . W e a t ’n.iS6 37.043,771’ 35.705,0 8
States, and therefore the market is, if possible, more neglect­
14*01
+
2,939,609
20.670.217
23.909,826
03.835.
IV
M
00,847,30*
M o rth w e u t’n .. 9
Furthemore the delay in settling th Cuban
7-37 ed than ever.
+905,289
B o a t h w e s t ’ni 17 47,218,*6(* 42,84^,712 13,188,006 12,282,770
question is making more desperate the finances of Spain, and
P a c ltta C o a a tf H i 70.71tt.288 09,701,67*' 27,878.016 22.941,823 +4.930.193 21*49
19,510,442 +3,047,28* 15*01 a crash in Spanish finances would have a very depressing in ­
B oat h e r n ___<30 74.910,611 71,842,7*3 22.516.72
In India again the military
+888,532 16*70 fluence upon the Paris Bourse.
5,000,391
0.548.07:M e x i c a n ........(6* 17.013.127 14,683.5 >0
operations are not yet at an end, although it looks as if Gen­
W ot. .(1 0 2 r ’d s ) 040,003,275 014,465,638 201,082,21' 181,3 3,907 *•20,288,303 11*18
eral Lockhart would speedily bring them to a termination.
At home the unfortunate quarrel in the engineering trade
goes on. The Board of Trade is still endeavoring to bring
p H u tte ta r g l@ a m tttc t:c ta l
about a conference between the employers and the employed,
[From our own correspondent.]
but the employers seem to be convinced that the funds of the
union are nearly exhausted and therefore that if they hold
London, S aturday. N ov. 6, 1897.
Tlie stagnation upon the Stock Exchange, which has been out a little longer they will inevitably win. Meantime the
struggle has sent much business from this country to the
so marked for a considerable time past, grows intenser as the Continent and is interfering seriously with many branches of
year draws towards the close. Partly this is due no doubt business. In the cotton trade it is still uncertain whether
there w ill or w ill not be a strike.
to the fear of dearer and scarcer money.
‘‘Thus the fear of dear money and the uncertainty of
Usually November is the tightest month of the year in the
politics and labor disputes are all deterring capitalists from
London money market. The demand for gold for other engaging in new enterprises and operators from incurring
countries begins here about August and continues until a l­ fresh risks. The American department of the m atket is
most the end of the year. In October there are great cattle almost neglected. Investors have been holding aloof from
fairs held in Ireland, which lead to a considerable increase in the market all along, but even speculators now are w ith­
drawing in considerable numbers.
the note circulation of that country, and therefore necessi­
There is little investment in British railway or industrial
tate withdrawals of gold from London for Ireland. In Scot­ securities or in Colonial securities. There is absolutely
land, what are called the term payments are made in the nothing doing in International securities; there is very little
middle of N ovember, and at that time also there is a consid­ doing in mining shares, if we except Western Australian
which is the only department of the Stock Exchange
erable expansion of the Scotch note circulation. Tnus the mines,
in which any life remains, and the activity there is largely
demands for abroad and the demands for Scotland and Ire­ ue to the support given from Australia itself. Brokers re­
land usually become greatest about the end of October or the port that scarcely a day passes in which several thousand
middle of November, and the knowledge of this fact makes shares are not bought for one or other of the great Australian
There is no doubt now that the fields are rich, in­
most operators unwilling to engage in new risks just now, cities.
deed, the increase in the output last month was surprisingly
when the Continental demand for gold is such that practi­ good.
cally all the metal which reaches Loudon is bought up in the
The Directors of the Bank of England made no change in
open market, and when, therefore, withdrawals from the their rate of discount this week. The Bank has borrowed so
largely from the outside market that it has unusual control.
Bank of England may be made at any moment.
Just at the moment of writing, the rate of discount is a littleBut apart from mere money considerations, which are lower at 2% per cent, but that is probably a temporary cir­
purely temporary, for the market w ill certainly become easy cumstance. Next week a Stocu Exchange settlement will
in January or February, there are the numerous political occur, and it is likely that that will have some influence
rates. In any case, while the reserve of the Bank of
complications which have harassed business more or less upon
England is maintained the Directors w ill probably remain
during the past two or three years. The peace negotiations passive, but if they see danger of large withdrawals no doubt
between Greece and Turkey are being drawn out beyond all they will borrow further in the open market and w ill fu t uppatience. The Sultan is confident of the support of Germany their rate. The general impression here seems to be that
will he no withdrawals during the remainder of the
and hopes for that of Russia, and he is therefore showing there
year for either Ru-sia or Austria or Japan, hut it is thought
himself impracticable and is raising all sorts of difficulties. likely that some withdrawals will become necessary for Ger­
The settlement of Cuba likewise is deferred. When Senor many. With regard to the United States there is very much,
Sagasta took office it was hoped that he fully appreciated the difference of opinion.
Concerning India, it seems most likely now that gold will
necessity for making an arrangement without delay. But not
be taken this year. The exchange, instead of rising to
there seems no prospect yet of an early settlement.
k(, has fallen hack, and shows n > sign of recovery. Trade
Then the quarrel between the nationalities in the Austrian i- very slack, and the money markets of both Calcutta and
half of Austria-Hungary is causing grave apprehension B imbay are much easier than seemed likely a little while
ago, and although the Government treasuries are very poor,
among the friends of peace. That the Emperor Francis Joseph it
is not probable that gold will be se- t out for that alone.
will have influence enough to keep the Empire together some­
Upon the whole, there'ore, there is a somewhat better
how during his o .vn life nobody doubts. But while Germans feeling in the money market than there was last week. It is
and Slavs are animated by such bitter antagonism the Em­ hoped now that it may not become necessary to put up the
Bank rate to four per cent, but the hops may change at any
pire seems to be weakened abroad, and the Emperor Francis moment.
Joseph is one of the real bulwarks of peace in Europe. On
The silver market is weak, with a declining tendency.
the west coast of Africa again there is danger of a collision
Our export trade continues to show contraction, chiefly as
between French and British troops. The French are making a resu'-t of the small American and Indian purchases. In
exports declined £ i,40-',00 or about 7 per cent. A
claims which are repudiated by the British authorities, and October
portion of this decline was, however, due to the month con­
the French officials bn the spot do not always act with pru" taining one working day less this year than last. The
dence and consideration. The British and French govern­ imports in October declined £631,i 00, but here there would
ments, it is true, are negotiating for a settlement of the have been expansion but for the working day’s difference.
arrivals of raw cotton were smaller than last year and
questions at issue, and it would be absurd for the two coun­ The
the value declined £482,0(0.
tries to quarrel seriously about wild and unsettled territories
The following return shows the position of the Bank of
on the west coast of Africa. Still a collision is possible, and England, the Bank rate of discount, the price of consols,
while that is the case caution i3 necessary on the part of &c., compared w ith the last three years:
business people.
1894.
1897
1896
1895.
The long debate in the Transvaal Yolksraad on the repsrt
N o v . 7.
N o v . 3.
N o v . 4.
N o v . 6.
of the Industriil Commission came at length to a close on
£
£
£
£
Thursday last. There was a full house and an almost equal -'*r<mianon
27,579,060 27,130,420 20,237,005 26.50S.595
division. 14 voting wiih the Government and 13 against. Public deposits.......................... 6.755,020 5 054,971: 4,029,740 5,388,975
The real fight was over the dynamite monopoly. It is be­ Other deposits................... .... 37,112,079 43,825,070 49,426,760 37.011,807
lieved that the legal adviser of the G ivernment gave it as his Government securities............. 12,091,410 13,047,254. 14,838,525 15,301,917
opinion that the monopoly is illegal and invalid, but the Other securities...... .................. 28.340,545 27,609,110 25,593,752 18,474,74
G-vernment refused either to produce his opinion or to ex ­ Reserve of notes and coin........ 20,715,441 6,470,787 31,405,639 20,411,22s
bullion, both departm’ts 31,494,501 35,807,207 40.902,-044 85.142,82
plain what it was. The final vote shows that the Govern­ Cbln*
Prop.reserve to liabilities, .p. o.
47
51 16-10
58
62H
ment feels its position untenable. Practically it comes to Bank
rate
4
2
2
this, that the question of the legality of the monopoly is to Consols, 2% per cent ..percent. 112S3-10
109%
106%
102 5-10
be snomitted to the legal adviser of the executive, and that Silver....
....
..
28«a.
2915-16
SO 15-10d.
*29%d.
in the meantime the Government is authorized to allow dy­ OlearlnK-House returns. i.. 176,278,000 109,892,000 157,562,00(1 107,913,000
namite to be imported on paying duty, or ia any other way
• November 8.
Gross M am inas.

G rou p.

1*97.

1890.

N e t E a rn in g s.

1807.

1890.

In c . or D u

THE CHRONICLE.

N o t ex b eb 20, 1897.]
M essrs. P ix le y

Sc A b e i l w r i t e

a s fo llo w s u n d e r d a te

of

N ov. 1:

G o ld —T h e re h a s b e e n n o f a llin g o ff i n t h e C o n tin e n ta l d e m a n d . T h e
B a n k h a s r e c e i v e d £ 1 1 6 .0 0 0 . o f w h ic h £ 1 0 0 ,0 0 0 is in. s o v e r e ig n s , fro m
th e C ape, a n d h a s so ld * 1 0 7 ,0 0 0 . A r r i v a l s ; S o u th A f r ic a , * 3 4 3 .0 0 0 ;
A u s tr a lia , * 1 2 5 ,0 0 0 ; C h in a . £ 3 3 ,0 0 0 ; to ta l, £ 5 0 0 ,0 0 0 . S h ip m e n ts to
BorobiAV: £ X0 ,0 0 0 ,
S ilv e r—W ith * b e c l o s e o f t h e m o n th th e s h o r ta g e , w h ic h h a d le d to
e x tr e m e ly in fla te d q u o ta tio n s , c a m e t o a n e n d , a n d .th e m a r k e t h a s
e o n s e iin e a tly f a lle n a l i t t l e o v e r o n e p e n n y a n d c lo se s w e a k a t to -d a y 's
p ric e of 20%, 1. T ile In d ia n p ric e is R ..
p e r t o o T o lflts , to a rriv e .
A r r i v a ls : N ew Y ork, * 3 2 8 ,0 0 0 ; C h ill, £ 2 3 ,0 0 0 ; to ta l, * 2 6 1 ,0 0 0 .
S h ip m e n ts t o B o m b a y : * 4 3 ,0 50 .
M e x ic a n D o lla r* —P e w d e a lin g * h a r e ta k e n p la c e in th o s e o o tn a n d
t h e p ric e is r a t h e r n o m in a l. S h ip m e n ts : P e n a n g , £ 3 ,1 0 0 ; S in g a p o re ,
£ 8 ,3 0 0 ; to ta l, $ 1 0 ,4 0 0 .

959

T h e fo llo w in g ta b le s h o w s th e e x p o rts a n d im p o r ts o f
s p e c ie a t t h e p o rt o f N e w Y o r k f o r th e w e e k e n d in g N o v e m ­
b e r 13 a n d s i n c e J a n u a r y 1, 13 9 7 , a n d f o r t h e c o r r e s p o n d i n g
p e r i o d s i n 1896 a n d 1 8 9 5 .
E x r o n r s a n d im p o s t s o r s i -k o ie a t n e w y o r ic .
E xports.

a o u t.
W eek.
G re a t B rita in * . . . . . .

T h e fo llo w in g s h o w s th e im p o r ts o f c e r e a l p ro d u c e in to
t h e U n i t e d K in g d o m d u r i n g t h e f ir s t n in e w e e k s o f ih n e w
T o ta l 1 8 9 7 ..........
e a so ti c o m p a r e d w i t h p r e * i o » « s e a a o tis •
T o ta l 1 « « ..........
ta ro a re
T o ta l 1805..........
1895.
1894
1800
1397,
te»p ort»of wisest,owt. 10,605,106 1 1 ,0 5 9 ,5 7 0 1 3 ,2 6 3 ,0 2 0 1 4 ,5 3 4 .0 3 9
7 . *353.809
4 ,7 1 0 ,1 7 0
5.732,330
4,33:1,394
B a r l e y ______.
SU rer.
3 ,1.42,430
2 ,7 0 6 ,6 0 0
2,363,0-40
O a t s ..................... — , 2 ,7 4 2 , H O
4 6 3 ,3 5 3
4 0 7 ,2 7 0
8 5 8 ,3 1 0
6 6 8 .3 1 5
P e a * ..........................
9
1
1
.6
0
7
6
8
3
,9
2
0
707.790
795.330
B e a n s . . . . -------------7,3 0.600
4 ,7 2 0 ,9 6 4 G re a t B r ita in ............
9,160,800 1 1 ,5 1 8 .9 8 0
4 .1 1 3 ,8 7 8 |
» ,6 6 2 ,0 7 0
3,018.630
2 ,0 3 1 ,2 0 0

1 ,1 4 0
5 ,0 0 0

$ 9 ,7 8 2 $ 2 9 ,7 7 3 ,5 1 8
1 0 6 ,0 8 5 5 1 .1 6 9 ,8 6 7
3 ,2 7 3 ,6 0 0 7.1,361.804
E x p o rts,
Week.

1 8 9«
11.OV1.370
3 ,0 6 2 ,0 7 0
3 ,3 3 4 .7 0 6

1805
1 3 .2 d 3 .6 2 0
ll.'U -.C V 2. - t-V .ite

T o t a l........... . ...,1 3 .2 1 0 .7 2 1 1 9 ,9 3 6 .3 4 6
1887.
1896.
A v e r. p ric e w h e a l, w w O . ' i . 1<>•!.
80s, 94.
A v e r a r - p ric e , « sm oo ,.8 3 * . 114.
2 8 a Od

1 9 ,7 7 6 ,8 7 6
H'.*.’*
25*. 11(1.
25*. l i t .

T h e f o l l o w i n g s h o w * t h e 'l u s n f i t i e a o f w h e a t ,
c o a te e a f lo a t t o t h e U n i t e d K in g d o m ;
Thu m e*.
Z m tt v e t * .
1896,
Wheat .......... 0 **.,.1 ,8 7 5 ,0 0 0
1,800,1100
2 <155,000
F lour, -f u a i to o r * . . 340,000
31 0 .0 0 0
205,000
M*i*e
. . . .. nr* . *53.000
283,000
t.060.000

lx n tn o x .

Mem

R i v e r p e r OBBee....... *!. ! 2 6%
:«-%
Ik m a o lt., n e w , 2% p.cM , , 1 1 2 * i« n » » * »
F o r a c c o u n t ................. f 1 12 *: 1111
F T 'e n re o v -a iir, P a rts ) Sr.
HKJ’7 3
VS
A to h , T o p . A S a n t* lfe
•i8*3
Do
do
p ref,
**a»
C huutdian P a e l B e . .. .. .. 1 sa**
T
2 ‘4
O h e ee p e ek e A O h io ___
O hio, S a » . » M- P a u l . ;• WB
D e a r . A R W < lf .,p r e f
•18%
«*>•
18*f
$ rt« . c o m m o n ................. ! -4*
a?
l* t p r e f e r r e d . . . . . ___ 37
KH
lo;i*a
1111not* C e n t r a l......... ..
173
IT l
h a l t s S h o re ...................
S »H
L o a ls v ttie A* W a e b v u le . 86%
m%
M e x te e s Central, 4 s .. m %
Mo. Kan. A T ax., e m u .. 13%
KH>*
S . V. C e n t! A Hudson. \ m n
i.8 i
18%
N o rfo lk A W w t 'i , p re f. ■**'»
i ’. *,
r-i*»
No. P a r , p r e f . , t r . root*. m n
Pennsylvania .............
% , 56%
11%
Phlla. A Bead., p e t s h .. !1
s»a.
*1%
S o n th ’n H a llw a y , c o m .,
»(*%
Preferred.............
3 0 's
21%
M r a I’a o tflo ___ _
21 Hi
18
W a b a s h , p re f e r r e d

'Tttts.

W at.

1893.
1 .8 9 0 .0 0 0
2 1 8 ,0 0 0
6 2 2 .0 0 0

Tbun.

26%
27%
113* 4 113 *4 U 3 S W
1 1 3 '. . 113%
U 3 ’w
106*90 03-92% 103-80
sa
i:»
18
as
Mil
82 %
98
22
05
efr
93%
4 5-X,
46%
15
16^
ta
3 8%
30%
2'*%
109%
103% 1 08%
178
173
173
50%
66%
M i's
88%
87 %
• r-i
13%
13
l!
108%
iw k
108%
ln %
15%
18%
41%
45
n%
;Vl
58%,
53%
5 6 7,
S8%
66 %
10%
a
10%
'■*%
0%
0%
30%
30%
30%
19%
20 %
2*>%
17%
17%
18

m .
28%
113%
113%
03-67%
13%
m
83%
22
95*4
4 6 7a
15%
38%
l» l
. . . . . ..
56%
67%
13*8
102
15%
U%
,44%
60%
'.0’s
0%
3 0%
20%
17%

©o u ncpctitlaud Miscellaneous iXeurs
iM P i r i e w

and

E

xpobts

fo r the

W

b k k .—

T h e f o ll o w i n g lire

th e im p o r ts a t N e w Y o rk f o r th e w e ek e n d in g fo r d ry g o o d s
N o v e m b e r I t a n d f o r th e w e e k e n d in g fo r g e n e r a l m e r­
c h a n t i t s , N o v e m b e r 12 a l s o t o t a l s s i n c e t h e b e g i n n i n g o f t h e
8 ra t w e e k in J a n u a r y ,
K H U I8 * IM POtttS AT w sw r o a n .
f a r wee*,.

m m

1897

D ry good**
Wen t m « r 'd ! ..

9 1 .3 3 4 ,5 0 3
9,748.08-2

1995.

fi/u e .m

Total
f i t , 138,455
S in c e Jem . ,
D ry ro o d s . ..1 * 1 0 3 ,7 9 3 ,7 6 7
B s u 'f m e r’dlA* 3 t3 .0 9 9 .0 8 2

ISM*

74457*402

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

* 9 ,0 4 9 ,0 0 4

.97,507.901

6 9 5 .3 0 7 ,0 1 0 * 1 2 7 ,3 9 8 ,3 1 6
291,5*24.500 3 8 7 .1 4 4 ,8 9 1

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

6 9 ,8 1 4,126

T o o im p o r ts o f d r y g o o d s f o r o n e w e e k l a t e r w ill b e f o u n d
in o n r r e p o r t o f th e d r y g o o d s tra d e .
T h e fo llo w in g is a s ta te m e n t o f th e e x p o r ts (e x c lu s iv e o f
s p e c ie ) f r o m th e p o r t o f N e w Y o rk t o f o r e ig n p o r ts fo r th e
w e e k e n d in g N o v e m b e r IS a n d fro m J a n u a r y 1 to d a ta :
u o « s a w ro w * m e T rt* w a s *

1997.
f o r ih® w m k . .
fmporm>4

* 7 ,4 7 7 .0 * 3
3 4 0 .0 0 3 ,3 4 7

i

*

I m p o r ts .

S in c e J a n . 1.

W eek.

Since. J a n . 1$ 5 2 ,0 3 9
2 ,c 0 6
2 ,3 2 1
4 9 0 ,3 3 5
1 ,2 2 6 ,4 4 1
8 4 7 ,2 4 4
4 3 ,3 6 7

Ilrc n d e tn tte F l- n r iw
liro iig m
F ro m
F a s o 9 9 1 .—.T h e
s ta t e m e n ts b e lo w a r e p r e p a r e d b y u s fr o m th e fig u re s o f th e
N e w Y o r k P r o d u c e E x c h a n g e , t h e r e c e i p ts a t W e s te r n b ik e
a n d j d v e r p o r ts f o r th e w e e k e n d i n g N o v . 3 , a n d s in c e A u g .
1, f o r e a c h o f t h e la s t th r e e y e a r s , h a v e b e e n a s fo llo w s ;
ttee itpt. !%t CM m m
M ilw au k ee
d n l h t h . ,,,.

C5«YUfAnd,,,
S t, U n tM , ..
Ptmtim
Ktm m * €S ty.
T o t w fc * m
ia n i« w k .’Sd,
HaM©
Since A m - t .
1897... .. . ..
i mm.___. . . . .

Flou r.

1808,

1895.

1804.

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

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

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

T o t* ) <5 WMk* * 3 5 7 ,0 7 9 ,4 1 5 * 3 3 ) ,»r, .4 1 . * 3 9 0 ,5 2 2 ,4 6 7 * 3 1 4 ,3 3 6 .6 5 0

Oats.

ttir n .

: B arley.

Bye.

Hush noth* UliMh.bOibs B m h m rn * ; B m h m b s B u 60 a*.,.
810,373
3,7*5.657 8,039.50 5,
94,130
#9,f i d
p io .m
£0,630
S « lt000|
A3 t.OdO
m&m
i n ,»*»
m cm
188,830
178,401
» w
........
%8SI
3KMH0]
; ...........
im . m
43.117
........
9S1
t m jn i
21,ISO
nuB i
-17,483
02,3£ 1
05,741
fjttm
m .T A t :
m ja *
87.251 j
........
o jm
tn
/
*
m
1X7,m
v
:
H,750
41,460
i
m
j
m
,
ts jm o
m i, r m
1BSMC
43,400
1,800
4,<m
80,000}
m ,m o
m i A re
nm .m o
za fM ®

't jm .b m
4 ,xm M $
7,9 m fM .

k m .m
3.021,739
u > rs.o 4

a,3g#,8H |
2*70?.' id,
2 ,m s 8 7 ;

1,558,051
3,205*240
1,558,540

435,128
180,624
180,091

m M * j in 87,880.829; K>,457.8^,1 5,110,14 i
57,103,277 07,250,179 13*972,30? 3,472,817
63. A47.253! 10,781*400 1.500,380

3.181.011
4ttm ,7 9 »
M M jm J

T h e r e c e ip ts o f flo u r a n d g r a i n a t th e s e a b o a r d p o r ts f o r t h e
w e e k e n d e d N o v , 1 3 . 18 9 7 , f o l l o w s :
Barley,
G*tm,
FVmr, Wht&t*
hm h,
hmh,
bank,
p L
K w rin te o t.
•103.525
im ,m n g,740.SOO
£09,*I t iM & ytis
Sew Y ork...
243.P07
199,541
ms*®
FlostOtt* ........ .
5l ,®IS
220.241
228,051 " " 7 0 0
- o......
*
mmm
M
n tre' al....
.........
7.200
2»V?,?< 0
884,505
21
fhilfwtoJohla . . . . . . .
808**31
19,403
727.120
*M «i
310.201
Baltim ore ...» ......
11,760
11.WO
i,?m
Hie&motid. ..
M «0
53.008
am,Hu>
Wow Orlenn*
0,389
10.000.
*3,000
134,000
Newport .Mows.,...
107,1*2
120.000
v .rfo lk . .. .. . . . . . .
10 000
Mobil®. ............. .
11,900
1,000
801.750
89,400
fln lre stm ).. .. ...
m .ot o
S&7
f'h ariosi or ..........
T o ta l mj-.vk,. ... 4-7*1.‘'--5 :<<>*«,*** , ' l 4T V H 8,057,307
W m k 1*1*1,., . . . . . . . *70.037 2.128,180 3,053,79i 2,150.890
* B e e e ip is d o n o t In n lc id o g r a m
orfc# o n t h r o u g h b i ll s o f l a d in g .

H'Ceipt* of—

H o u r ........ ....................bb!»

W h e a t. . . . . . .
C o r a . .
*>«t«
Barley.,

.bm h

A
n
89,770,m*

100 490,892

*•

1805.
15,036.883

1890.
10,171.807

9,510,038

358.oh3.033

221,893.351

M o n tr e a l . . . . 970,941
^ a l v e s t m i . . . . 006.62,5
M obil® .................................

«

Newport. N&w$

( .s

m

4O.Q0O

s

3,571,200

438,038

126,830.207

42.981
7,043

118.370
35,110

85,913

29£8f

134,000
183,304

8*1,744

107,142

39,404,608

..

T h e e x n o rts fro m th e se v e ra l s e a b o a rd p o rts
e -id im * N o v . 1 8 ,1 8 9 7 . a r e s h o w n i n t h e a n n e x e d
Mye,
*lQur,
Oats
W 1m l,
hnsh.
•hjg.
x‘1Uh
hrIf ft
Export4 from — 5«*h.
98.508 957,89» 100,417
8©«r Vo-k .... 679.872 807.486
40.703
89.430
8’>»ton, , . 601,#7
8,300
887
Chariodt’n.S.C 5O.09O
5,193
81.700
Pm iadelphta.. 21 2 ,ilt 790.448
3RH.788
293.620

52,103,374
37,208,507

40,607,283
38,073,377

82,403.105

as

1894.
17.708,704

87,4556^90

00,948,072

09,07'.'. 150
0,052,080
5,359,485

B a ltim o re .
183,01 u
N*ew O r l e a n s .. 4 8 9 * 3 1
N o rfo lk . ........ 128,000

252,812
258,704

J a n , t t o N o v , IS c o m p a r e

81.U I,.7«'0
I **,*87,038

a y e .....

401.828
883,286

p a u s in g t h r o a t s 0 N o w O r l e a n s - f o r f o r e i g n

T o ta l re c e ip ts a t p o rts fr o m
fo llo w s f o r f o u r y e a r s :

T o ta l g ra in . . .

* 0 t » ! t-5 *«-».< 4*4375192.3 49 * 3 8 7 ,2 3 8 ,1 1 9 * 4 5 4 .5 4 3 .0 1 0 * 3 7 4 .7 7 0 ,1 3 9

sx po sts

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

$ 4 5 ,1 3 6
3 1 ,4 5 1
s o u th A m e ric a
..
1 7 .7 5 6
l« » i.
AU
o
th
e
r
itoiintrSvs.
200
1 4 ,5 3 2 .0 3 9 I
4 .1 1 3 ,8 7 8 j
* '-4 8 .--t7 *40.545.991
$ 9 4 ,6 0 3 $ 2 ,6 6 4 ,0 5 3
T o ta l 1 8 0 7 ..........
i . 179.1 12 '
1 ,0 0 2 . ,1 0 15,398,920
T o ta l 1806 ____
6 1 ,1 6 2
2 ,6 8 9 ,0 8 4
1,09 6 ,9 0 2 3 3 ,6 1 4 .0 3 4
T o ta l 1895 ........
0 ,1 5 7
1 ,6 2 9 ,5 2 0
22,323,029
1H 94
O f t h e a b i v e i m p o r t * f o r t h e w e e k i n 1397 3 1 8 ,7 8 1 w e r e
18*. 04.
A m e r ic a n g o ld c o in a n d f t S 653 A m e r ic a n s ilv e r c o in . O f t h e
19*. 2 d .
e x p o r t s d u r i n g t h e s a i n s t i m e , ■<>,49 ) w e r e A m e r i c a n g o l d
dour and
c o in .

C a b le .
B u g ! ! a it M « u » a e l* J t j » r h * - l» —
T h e d a i l y c l o s i n g q u o t a t i o n * f o r s e ec nu r i t i e s , e t c . , s t L o n d o n ,
i I:
i ll;
a r ■e
e r e p o r t e d . b y c a b l e a s f o l l o w s f o r t h e •VI
f
■
| MM

$ 3 1 ,5 1 6
2,4 0 4
2 7 ,1 2 9
1,065

$ 3 ,5 5 0 ,0 2 9
2 ,5 0 0 ,0 0 0
2 ,1 4 3 ,1 5 3
3 ,6 6 0 ,5 6 4
1 54,611
8 4 7 ,1 9 9
4 9 2 ,9 5 9

k ,
1k *
lo e

1997.
W h ea t Im p o r te d .o w l 10,80.3.t> 0
f tn p o r te n f h o u r.. . . 2 , 0 i t , 20*>
S a le s o f h o m e -g ro w n . 5 .» -< l.l2 1

S in c e J a n . 1.

* 8 37.1 lf t!*:M .3S S .4I ft
6 3 8 ,0 0 0
5 ,7 5 0
7% 09
3 3 0 ,7 5 0
5 ,1 2 5
4 ,3 2 0
1 71.016
3.3 2 5

S u p p l i e s a v a i l a b l e f o r c o n s u m p t i o n { e x c l u s i v e o f S to c k - l X I 'V est in d io s ................

S e p t e m b e r I t;

W eek.

$ 9 7 9 ,6 6 0
1 5 ,1 7 7 ,4 7 3
1 1 ,7 8 0 ,0 0 0
5 0 1 ,8 3 8
2 .0 3 0
1 87,077
7 5 5 ,4 4 0

::::::::
........
$ 3 ,6 5 2

M oxieo ......................
S o u th A m e ric a ........
All o th e r c o u n trie s .

Im p o r ts .

S i nce J a n . 1.

421,782

132,772,408

fo r b e
s ta te m
Peas,
b u s t.
3,8Se

w eek
e n t:

Barley
235/177

13,808

18,000
s

m

47,350
224.240

249,297

:

THE

960

c H R O N IC L E

The destination of these exports for the week and since
September 1, 1890, is as below,
—Hour.

.

■ —* *———Wheat.------ » r~

-O rn.

U n ite d K in g d o m

1 8 .7 0 7
1 0 ,0 1 7
16 .5 4 5 1
5 .1 7 8
5 -i« 4

T o t a l . . . . - ............
T _________
o t a l 1 8 9 0 .................

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

SH-.W p H
2 4 7 .X P 3
2 1 2 .2 (8
a w .H ^ d
<2 , 9 . 1

3 ,3 0 ft

6,'C 6

83,601

1 2 ,3 2 6

2 7 '9 705 3 ,2 .7 .3 < 9 38,147,747 2 ,622111 8o.9lO.F68
2.812.810 1.413,588 18,260,003 3 ,3 0 9 ,i5 8 29.414,844

The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Nov. 13,1897, was as follows:
I n store a t—

N e w Y o r k .......................... ,
Do
a f l o a t ............
A l b a n y ...............................
B u f f a l o ................................
Do
a f lo a t.....
C ta lo a g o .
— ..
Do
a f l o a t ..........
M i l w a u k e e ..........................
Do
a flo a t
D u l u t h ........................
Do
a f l o a t ............
T o l e d o .....................................
Do
a f l o a t ...............
D e t r o i t ................................. ..
Do
a f l o a t ...............
O s w e g o ........................
B t L o u i s ...................
Do
a f lo a t..
C i n c i n n a t i . ...............
B o s t o n .................................
T o r o n t o ..................................
M o n t r e a l ...............................
P h i l a d e l p h i a .....................
P e o ria .
.....................
i n d l a u a p o l l s ...................
K « u * a S C i t y ......................
B * l t l m o r e .............................
M i n n e a p o l i s ........................
O n V fis s ls s ip p i R i v e r .
O n L a k e * . . ..........................
O n c a n a l a n d r iv e r ...
T o ta l
T o ta l
T o ta l
T o ta l
T o ta l

N o v .1 3 ,1897
N o v . 7 . IHW7
N o v 14. 1 8 9 6
N o v . ’ rt. lf» 9 5
N o v .17. 1804

O ats

W heat.
bush.

1.965,000

I f 0,000
603,000

107,000

20 000
3,170.otO

4,4 8',000

19,786,000

1,155,000

729.000

494,006

...............
2 4 2 ,0 0 0

314,000

51 OOO

32.000

151,000

2.901,000

808,000

647.000

680,000

738,000

435,000

432,000

403,000

99,000

36” ,000

151.000

7,000

43,000

” 4,000

*8’i*0t0

129.O00
l,7i8,<)0U

6 0,000

8.000
15*1.00..

137.0ft0
25,000

8 3 .0 0 0

14,000

18.000
1,077,00ft

4 0 7 .u o i
M 000
2 3 1 .0 0 0
905 w
4 ,0 0 0
1 7 4 ,0 0 0
1 .5 2 0 o o c
1 . 7 « u ,0 0 0
8 .7 3 0 w
1 * 0 ,0 0 0
l,? 6 7 .o o o
42 3 ,O o O

100,000
5,000
363.000
845.000
108.000
2->,000
07.000
1.*-8.000
3.162,000
3,000

02.00C
l,000.ftftr
8* 2 000
1'52.001
3512.000
091,000
1,299.00ft
l.o on
1,*>40.18 0
396,000

7 2 .0

m

9 0 .0 0 0

128,000

28.00
11,000

1 , 7 8 4 .0 0 0

282.000

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

A sk.
119%

77
102%
195
350
112
1 (4
81
107

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

B id .

P e o p l e ’e ( J e r s e y C i t y ) . . . . 1 0 0
W l d i a m s b a t g 1 s t 6-*............. 1 0 3
105
F u l t o n M u n i c i p a l 6 s ..........
200
i » n f ls . 6 s , 1 8 9 9 ...................... 1 0 3
45
B o n d s , 5 s ........................................
79
140
84
W e s te r n G a s .. . _
.............
B o n d s , 5 s ........................................ 1 0 0

A «k

170
105
50
82
138
85
101

City Railroad Securities.—Brokers’ Quotations.
B id .

1S3.COO

3,790,000

9.0t0

C o u f O i . 5 s .............

hVSh.

150.000
2,1521,000

1.49 ', v>*
07 000

C o n s u m e rs ’ (J e r s e y C ity ).
B o n d s ................................................
J e r s e y C ity A H o b o k e n ...
M e t r o p o l i t a n — B o n d s ............
M u t u a l ( N . Y . ) .......................
N . Y . A to a s t R iv . 1 s t 5 s ..
P r e f e r r e d ............. ................

B id .
1 1 8 Vj
1134
‘2 0 5
72
1013,
185
105
320
111
5*8
79
106

B a r ie v

liv e b u sh .
687.000

10.436,000

3,750.000
17.000

C O M P A N IE S .

B ’k l y n U n i o n G a e — S to c k .

1.978.916 20.760,473 1.298.763 16.2^5,453
1,283.097 10.711.V53 l,30l,7J-5
415
692,4c0
3,000
11.153

U Q .U 6 1,7*0,934

C - n t l n e n t ________
B % C . A m e r ic a ..
W e s t I n d i e s . ..
B r i t . N . A . C o l ’s .
O th e r c o u n tr ie s ..

fV'OL. LXV

Gas Securities.—Brokers’ Quotations.
G A S

Export* for
Week Since Sept. Week Since Sept. Week Since Sept,
Nov. 13. 1 ,1 8 9 7 .
Nov. 13.
1 .1897.
1,1897.
week and since N or. 13.
bush.
bush.
bush.
bush.
S evt. 1 to —
bbls.
bbit.

> ( V. V,

1,000
110.000
243,000
114,000

19,00ft

382,000
235,OoO

«48 000
594,0ft<

C o n . 5 a . (t.. 1 9 4 1 . -A & O § 1 0 0
77
31
B I V c k .S t .i S F q I F . - w k .
§105
B ’w a v & 7 tli A v e .—S t o c k 2 0 3
10 6
§111
§117
§104
1 20
1 10 4
B r o o k l y n C i tv —S t o c k . . . 1 9 2 %
114
1 06
1 2
160
113
5 s , 1 9 3 9 ....................
31
5 s , 1 9 4 5 .................... A A O
198
1 s t M ., 6 s, 1 9 2 2 . . M A N § 1 1 8
C e n . P k . N . A E . R i v . —M k 1 7 3
113
C o n s o l. 7 s , 1 9 0 2 . .. J A D
C o l u m b u s A 9 t li A v e . 5 s. 11 9
C h r i s t ’p ’r A l o t h S t . —S t k 1 5 5
102
1 s t n i o r t ., 1 8 9 8 . . . A A O

A sk.
103
80
33
106*4
206
110
1 1 2 *2
11 8
10 8
12 0 V
111
195
11 6
10 8

103%
11 6
am
8 9 K;
122

178
117
1 1 9 »v
16 0
104

B id .

D. I). E . B . A B a t ’y —S t k .
1 s t , g o ld , 5 s , 1 9 3 :2 . . J A J
S c r i p ................................
E i g h t! : A v e n u e —S t o c k . .
S c r ip , 6 s , 1 9 1 4 ................
4 2 d A O r . ^ t . F e .— S to c k
4 2 d S t . M a n . A S t . N . A v.
1 s t m o r t . s s , 1 9 l o .M A S
2 d l i m i t. i n c o m e 6 s . J A J
K i n g s C o. T r a e ..—S t o c k . .
L e x . A v e .A R a v . F e r y 5 s
M e tro p o lita n S t. ^ y .- S tk
N a s s a u E 'e c , f s , 1 9 4 4 . . .
N . Y. A Q u e e n s C o .5 s , 1 9 4 6
S i e in w a y l .--t 6 s ’2 2 J A J
N i n t h A v e n u e —S t o c k . . .
S e c o n d A v e n u e —S t " C k . .
1 s t m o r t ., 5 s , 1 9 0 0 . M A N
J ) e b e n t u r e 5 s ,1 9 0 9 . J A J
S i x t h A v e u : : e —S t o c k ----T h ird A v en u e—S t o c k ...
1 s t m o r t ..5 s , 1 9 3 7 . . J A J
T w e u t y - T h i r i S t . —S to c k
D e b . 5 s , 15*03......................
U n io n R v —S t o c k ..........
1 st 5 s , 9 4 2 .....................
W e s t c h e s t ’r , 1 s t, g u .,5 s

A sk.
_____

1 14
09
320
100
320
39
§116
70
40
11 9
10 7

§

96

11 4
18 0
120
10 8
102
19-1
146
] 22
300

103
n o
§107
§100

110

101%
335
10 5
325
40
117
75
43
119%
107%
96%
116
200
130
119
10 5
200
150

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

§ lA n d a c c r u e d i n t e r e s t .

14.28S.000

43,45 0.000
4 5 I04,00e
18,105,000
4.306.000
2.765 000

3 1 . 9 7 3 ,0 0 0
29 0 6 2 ,0 0 0
6 1 0 H .0 0 0
6
2 6 ,0 0 0

1 5 . 3 0 0 .0 0 0

3.797,000
3 818.600

12,759,000
5.0 2.000
9 110 00°

1,287,00'50 i "O0

4,324.00
4,115 • Oo
ft,2 5O.00
4 .047.0C n
3 .5 1 5 ,0 0 0
------------ 0

2 .7 0 S .0 0 C

Auction Sales.— Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction:
By Messrs. R. Y. Harnett & Co :
New York City, Boston anil P hiladelphia Banks.—Below
we furnish a summary of the weekly returns of the Clearing
S h a re s.
House banks of New York City, Boston and Philadelphia.
1 M em bership N ow Y ork P rod u ce E x c h a n g e .................................. $ 1 6 0
10
E
m
pire
C
ity
Fire
In
su
ra
n
ce
C o ................... ......................................... 1035s
The New York figures do not include results for the non10 C ellu loid C o.....................................................................................................
membsr baoki, which will he found separately reported on
the third page following.
By Messrs. Adrian H. Muller & Son :
81.18 !.<**<*

VapU ut a
BA N K S.

S u r p lu s .

N . IT .*
$
O o t. 2 3 .. 1 3 3 .4 0 2 ,8
“
3 0 .. 1 3 3 ,4 6 2 ,8
6 . 1 3 3 ,4 6 2 .*
N ov
"
1 3 .. 1 3 3 , 4 0 2 ,8
» .•
O c t . 3 0 ..
6 3 .3 9 3 .8
N ov
6 .
0 3 ,3 9 3 .8
"
1 3 ..
0 3 ,3 9 3 ,8
P h i In . •
O c t. 3 ) .
3 5 ,3 8 8 ,0
N ov
6.
3 5 ,3 8 8 ,0
n 1 3 .. 3 5 .3 8 8 .0

Loans

Specie

Legal*

Deposits.

O ir c ’l'h

O le a r in o

$

$

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

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

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

$
7 6 4 .5 9 8 ,1
6 8 0 .2 2 9 .9
725 0 5 2 6
7 9 2 ,0 0 6 ,3

5 6 2 .1 7 5 ,4 1 0 0 7 5 0 3
5 H7 .2 0 0 ,5 1 0 1 6 ) 1 3
5 7 4 .0 3 5 .8 1 0 2 1 7 0 0
5 7 5 ,3 1 6 .9 1 0 2 3 5 6 3
1 8 1 , 7 1 9 ,0 1 1 . 0 2 4 , 0
18 ] ,9 4 8 ,0 1 1 .0 7 9 ,0
1 7 9 ,8 6 0 ,0 1 1 ,1 0 4 ,0

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

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

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

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

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

63 454 5
6 n . ( '9 0 ,2
6 6 .9 9 2 ,5

* IF f o m it t w o c ip h e r s i n a ll these fig u res.
+ I n c lu d in g f o r B o s to u a n d P h ila d e lp h ia t h e ite m

“due

to o th e r b a n k s ”

Miscellaneous Bonds:
O IlttcellnneoiiN H o n d a .
C I l J u n . A 8 . Y d s .— C o l .t .g .,5 *
C o lo r a d o C . A 1 . 1 s t c o n s . u s .g .
C o lo ra d o F u e l A I . — G e n . 5 s .
C o l u m b u s G a e — 1 s t , g . , 6 s ___
C o m m e rc ia l C a b le — l e t g . 4 e .
C o n e .G a « C o .,C h ic .— l e t g u .5 D e B a r d e le b e n C . A 1 .— g . d a.
D e l . G a s c o n . 1 e t 5 ...........................

b.

99

a.

' 81

a.

1 0 5 % b.
99 \ b .
7 0 a.
91

E d is o n E l e c . 111. C o .—l e t 5 e ..

a.

111V*.

Do
o f B k ly u ., 1 s t 5 s ..
E q n i t . G .- L . .N . Y .,e o u e .g . 5 e .
E q u i t a b l e G . A F . — 1 s t b e ____
E r ie T e le g , A T e le p . 6 e , g ...
G a lv e s to n W h a r f C o .— l e t 5 s
H e n d e rs o n B rid g e — l e t g . 0 h.
I l l i n o i s S t e e l d e b . 5 e ........ . ............
. N o n - c o n v . d e b . 6 b .........................
N o t * .— “ 5 ” lu d lc a te B p r ic e

109

i l r t ’b.

i 02
■ 99

b.

b.

98% b
110 b.

bid;

IX Ia c e lla n e o u H
B onds.
J e ff. A C le a r. C . A I . l e t g . 5 s
2 d g . 5 e .................................................
M a n h a t. B e a c h H . A L . g. 4 s.
M e tro p o l. T e l. A T e l. lR t 5 e .
M l o h . - P e a m . C a r l e t 5 e .........
M u t u a l U n io n T e l e g . — 6 s ,g ._
N a t. S ta r c h M fg . l e t Be . . . . .
N . Y. A N . J . T e le p . g e n . 5 a .
N o rth w e s te rn T e le g ra p h — 7s
P e o p l e ’e G a e A C . / 1 s t g . B e .
C o .,. C h i c a g o .......... J 2 d g . 6 8 .
1 s t c o n s . g . B e ................................
S o u t h Y u b a W a t e r — C o n . B e.
S t a n d a r d R o p e A T . —I n c . 5 e .
S u n d a y C r e e k C o a l l e t g . B e.
W e B te rn U n io n T e le g .— 7 e ..
W e s t e r n G a a c o l l . t r . 5 e ..........

“ a ” p ric e

asked.

'l . i

h.

•107
*113

b.
b

1214 b
*104
b
* 97% j.

* L a te s t p ric e th is w e e k

Bank Stock List—-Latest prices. *Not Listed,
B A N K S.
A
A
A
B
B

m e r i c a _____
m . K x c h ...
e to r P la c e *
o w e r y ..........
r o a d w a y ....

C e n tr a l..
C h a s e ...................
C h a t h a m ..........
C h e m i c a l ___
C i t y ......................
C i t i z e n « ’ ..........
C o l u m b i a ____
C o m m e r c e .,.
C o n tin e n ta l .
C o rn E x c h ...
E a s t R iv e r ..
1 1 th W a r d ..
F i f * h A v e ___
F i f t h * ________
F i r s t ..................
F ir s t, N .,8 . 1.
1 4 th S tr e e t..
F o n rrh
..........
G a lla tin
..
G a n e e v o o rt* .

B id .
340
170
220
235
100
500
290
4000
820
125
150
2 i >8
130
290
135
210
2 -9 1 0
240
2000
120
193
310

A sk .

171
325
250
H *5
170
310

....
150
170
212
140
300
145
3100

150
160
350
lu 2

B A N K S.

B id .

A sk.

550
112
G e r m a n E x .*
G e r m a n i a ___ 30*0
160
350
H d e A L .* ..
94
155
I r a . A T r a d ’r s 5 2 5
I r v i n g ................. 1 4 5
L e a i h e r M fs’ 100
L i b e r t y ’ -------- 1 3 0
L i n c o l n ..........
M a n h a tta n ... 2 3 0
M a rk e t A F u l 215
M e c h a n i c s ’.
193
M ’c h s ’ A T r s ’ 1 1 2
M e r c a n tile ... 167
M e r c h a n t . ’ .. 1 4 5
M e r c h ’t . E x . 1 2 1
M e t r o p o l ’e . . . 4 4 0
M t . M o r r i s . . 1 10
N assau
___ 1 5 0
230
N o w Y o r k ... 2 3 5
Y .C o ’y t y 7 0 0

325

B A N K S.

B id .

N in th .
t» th W a rd .

A sk,

$ 5 ,0 0 0 C ity o f J a c k s o n v ille ,
F la .. 5 s 1 9 2 4 . . . .............
100%
$ 4 ,0 0 0 V illage of L ora!n efO.,
5 s, R iver Im p., 1 9 2 5 ........... 105
$ 3 ,0 0 0 C ity of S an d u sk y, O.,
5 s R efu n d in g, 1 9 0 4 ...............105%
$ 3 ,0 0 0 C ity o f A urora, 111.,6 s,
1 9 0 0 ...............................................1 0 0 78
$ 6 , 1 0 0 c it y o f O m aha, N eb.,
5 s, Park bon ds 1 9 1 2 ...........1 12
$ 5 0 0 T em p le B e th E l 4%
C ertitica e s ................................ 43%
$ 5 ,0 0 0 N a sh v . C hatt. & St. L.
RR. (J a sp er B ran ch ) 1 st
O s .1 9 2 3 ...............................
113%
l$ l,0 0 0
C ity , o f L o u isv ille
I (E liz a b e th & P ad . R R .) 7s,
1 9 0 3 ...................
-.116%
$ 3 ,0 0 0 N orth H ud. C o.St.R y.
1st 6 s, 1 9 1 4 ............................... 120%
$ 3 ,0 0 0 S ta te n Isla n d R ap id
T rans t 1 s t 6 s, 1 9 1 3 ..............109%
$ 5 0 0 P ro g ress Club 4 s , 1 9 3 0 57
$ 1 ,5 0 0 N . Y. & R o ck a w a y
RR. 7s, 19 0 1 . Guar, by L.
I. R R ............................................ 61
$ 6 ,0 0 0 M en om in ie W ater
W orks Co. 1 s t C ons. 6 s,
19 1 5 , w it h $ 1 6 5 coup, scrip
ati a c h e d .................................... 25
2 8 B la k e & K n o w le s S tea m
Pum p W orks, " L im ited ,”
1 s t 6 s, S. F. D eb. J A J .£ 100
e a c h ........ .................................... 7 0
Bonds.
$ 2 ,0 0 0 A m erican Straw board
$ 2 0 0 D rv Dook & E . B. &
Co. 6 s, 8 . F ., 1911 ................ 97%
B a tt. RR. Co. 5% s c r ip ........102%
$ 7 ,0 0 0 H ereford R R . Co. 1 st
$ 1 ,0 0 0 S iu n em a h o n iu g Iron
4s, 1 9 3 0 ...................................... 95%
A C oal Co. of P e n n . 1 st 5s,
$ 2 ,0 » 0 C ity o f C olum bus, O.,
1940. M A S. S ep t., 18 9 2 ,
os, S tr e e t Im p ’t, 1 9 1 1 ......... 113
C oupon o n ................................. 16
$ 4 ,0 0 0 C ity of G a lv e sto n 5s
$ 2 ,0 0 0 Col. & H ock. C oal &
L im ited D e b t, 1 9 3 1 ...............100%
Iron Co. 6 s .................................
52

102

aukiitg and Ifinaucial

1x 5
P a r k ...” ” '

Spencer Trask & Co.,

200
650
P i a j s a * ..............

190

B A N K E R S

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m e n t in fu ll w ill b e fo u n d o n t h e s e c o n d p a g e fo llo w in g .
fo r o p e r a tio n s i n th e u m e lla n e o u s s to c k s , a lth o u g h h e r e
F o r e i g n E x c h a n g e .— K n i » r d i s c o u n t r a t e s a b r o a d h a v e f lo o tn a t.io n s h a v e b e e n n a r r o w e x c e p t i n a f e w c a s e s , C o n ­
f a i l e d t o w e ik 'd t h e m a r k e t f o r f o r e i g n e x c h r a g e h e r e . s o l i d a t e d G a s w a s m o s t c o n s p i c u o u s f o r e r r a t i c m o v e m e n t ,
a g a i n s t 1 89
T h e r e is l i t t l e b iia iu e s s d o in g a n d r a t e s a r e p r a c tic a ll y u n ­ h a v in g s o ld d o w n to 1 7 7 , a n d c lo s in g a t
la s t w e ek .
C o n s o lid a te d G a s s h a r e s h a v e s o ld w ith n a
changed.
T o d a y ' s a c t u a l r a t e s o f e x c h a n g e w e r e a s f o l l o w s : B a n k ­ f e w w e e k s a t 241 % a n d w i t h i n t h e y e a r a t 1 3 8 A m r i e r s ' s i x t y d a y s ' s t e r l i n g , 4 82'-,-**4 8 3 ; d e m a n d , 4 8 5 j^ @ c a u - ' ig . t r w a s s t i o n g o n t h e e x p e c t a t i o n o f a d e c i s i o n f a v o r ­
4 8 5 ';,': c a b l e s , 4 8
M 8 6 ; p r i m e c o m m e r c i a l , s i x t y d a y s . a b l e t o t h e c o m p a n y In r e g a r d t o t h e a d m i s s i o n o f D u t c h
4 82> v s 4 8 2 h f ; d o c u m e n t a r y c o m m e r c i a l , s i x t y d a y s , 4 3 1 % ® s u g a r s a n d - r t h e n e w t a r i f f , a n d s h o w s a n e t g a i n o f n e a r l y 4
p o in ts .
4 82,
v a lu e s w h ic h

showed
of
of

c h a ra c te riz e d

th e

la te

s u m m e r a n d e a rly a n

4.629,000

THE CHRONICLE.

V)62

( Vo l .

LXN.

NEW YORK STOCK E X C H A N G E — A C T I V E S T O C K S f o r w e e k e n d i n g NOV. 1 9 , a n d s in c e J A N . 1 , 1 8 9 7 .
H IG H E ST A N D LOW EST PR IC E S.
S aturday,
N o v . 13.

M onday,
N ov. 15.

T u esd a y ,
N ov. 16.

N o v . 17.

rsday,
N ovv. 18.

F riday,
N ov. 19.

STOCKS.

S a les o f
R a n g e fo r y e a r 1897.
th e I[On basis o f ioo-8hare Lots. 1
W eek.
Shares. | L o w e st,
H ig h est.

A c tiv e R K , S to c k s .
9*6 Apr. 19 17 S ep t. 18
12% 12% *12% 12% 612% 12% A tc h iso n T op ek a & S an ta F e.
12%
Do
p r e f.
17 Apr. 19 3 5 V S ep t. 8
27% 27% 27%
2 7% 27% 27% 2 7
9 J u ly 10 2 1 V S ep t. 2 0
12% 12% *12% 12% 513
13 B a ltim o r e & O h io........ ...........
12 V
1800 J an . 7 3 7 S ep t. 13
32
32
30% 31% 31% 31% B r o o k ly n R apid T r a n s it..........
32%
46*3 Mar. 29 81% Oct. 14
81 *80
81 *803* 81% C anadian P a c ific .........................
81*4 *80
4 4 V J an . 13 62 V S ep t. 16
*53
53% 52% 53
53% 53% C anada S o u th e r n .......................
53
68*4 M ay 24 1 0 3 V Jan . 19
86
87% 85% 86%: 86% 87 C en tral o f N e w J e r s e y ..............
88
7*3 Apr. 20 18
*11% a2% 12% 12% *11% 12% C en tral P a c ific .............................
Sept. 28
13
153g Mar. 29 2 7 V A u g. 30
21
21% 621 21%i 21% 21% C hesapeake & O h io...................
21V
§147 J u ly 22 §170 Mar. 1
..........i 158 §160% C hicago & A l t o n .........................
158 .......... *158
693g J a n . 5 102*4 S ep t, 2 0
94 V 93% 94% 93% 94% x93% 9 4 C hicago B u rlin g to n <fc Q uincy
C hicago & E a ste rn I llin o is ...
*52% 5 5 I ‘ 52%
55 I *52% 55
3 7 V J u n e 7 61 S ep t. 8
55
Do
p ref
*92
9 5 *92
95 *92
95
95 N o v . 8 103 Sept. 14
95
13% 13
13%' 13
13% C h icago G reat W e s te r n ......... 12,1 1 5
330 J u n e 23 2 0 V A u g . 12
13% 13
2 19
*8%
9% *8% 9 i
"8%
9 Chic. In d ia n a p o lis & L o u isv
8 O ct. 29 13 A u g. 31
9
15 2 6 N o v . 8 38*4 Sept. 1
Do
p ref
*27
3 0 *26
3 0 ! 526
26
29
92% 92% 92% C hicago M ilw au k ee & St. P aul 7 9 ,3 9 6 69*4 A pr. 19 1 02 Sept. 15
92% 9 1 34 92% 92
1 ,4 6 0 130*3 M ay 6 146 Sept. 4
Do
p ref
1 4 0 1 4 0 1 140 140 | 1 4 0 140
140
6 ,8 8 7 101% Apr. 19 1 32 V Sept. 15
1 2 1 % 120% 121% 120 120% 120% 121% C hicago & N o r th w e ste r n ____
163
6164
164
*163
16
5
D
o
p
ref.
J an . 12 165 V S ep t. 22
_
162 §163 ___
n 00. n wt
EtR
i /.n
.1»»«■
... 16 , 7 5 ,31 8446 153
hicago
R ock. TIsla
n.4d O
& Pracific
8630 (v
8r7i v^ 863e
87i0 8O7'f
8Q7jVSn C
60*4 Apr. 19 97 V Sept. 2 0
87%
C hicago St. P au l M inn. & O m .
8 ,5 2 2 4 7 Jan . 2 89 V S ep t. 16
76
7730176
76% 7 6 V 78
77
145 145
Do
p r e*f.1I
---1 3 0 13313 J an . 18 148 J u ly 26
1 4 5 *140 145
145 §141
32*3 3 3 *4 :O lev. C inciu. Chic. & St. L ou is
930; 21*3 J u n e 1 4 1 V S ep t. 15
33
3 3 *32
33%
32%
Do
p ref.
lOO: 63 J u n e 16 8 6 V Sept. 8
.....................
80
80
110 110% D elaw are & H u d so n .................
1 ,4 1 8 9950 Apr. 1 1 23 S ep t. 18
1 1 0 110
1 1 0 112 i 109% 109% 110 111 § 1 1 0 V 1 H
1
5
43i
155
D
elaw
a
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L
a
ck
a
w
a
n
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a
&
W
est
155
155
*154
155
_
770 ;i4 6 * 3 M ay 20 1 6 4 A u g. 12
156% 156% *155 156 *155 156
..........|
9*4 Apr. 20 14% A u g. 14
* 1 O70 I I 84 *1013 1 1 V ' U
12 D e n v e r & R io G r a n d e ..............
*11
12
D
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f.
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4414 4 4 %' 4 4
44
4
4
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4
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44
V
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*44
V
45
*44
44%
2 5 0 l i i * Apr. 19 19 S ept. 16
14% 14% §14*3 1 4 V *1414 14%; *14*4 1 4 V E r ie
15
15
*14% 15
36*4 36*4
Do
1 st p r e f.
7 6 4 2 7 A pr. 19 4 6 V S ept. 16
36
30
*35*3
36*3 §35
35% 35% *35% 361
§19
19
Do
2d p ref
20*3 '1 9
zu
1 20 I5*s M ay 24 25 V A ug. 12
19% 19% *19*4
*19% 20% *19
20
1
3
0
1
40
G
reat
N
orth
ern
,
p
r
e
f
................
*130 137 *130 1 3 5 1*130 135
..........1 20 Ja n . 16 141 Sept. 4
100*4 101 Illin o is C e n tr a l...........................
900, 91*3 A pr. 19 110% A u g. 7
*100*4 101*4 100*3 1 0 0 V 101 101
9% Io w a C en tra l.................................
2 00, 6 A pr. 15 1 3 V S ept. 4
*9 % 9 %
9*4
9*4 1 *9
99%|
_ '9
9%j *9%
9%
Do
p ref.
§30
30*4 30*3 30*3 31
31*3
913; 23 J u n e 8 41% S ep t. 4
31
30
30
30 I *30
30
..........I 13 M ay 11 2 2 V S ep t, 18
1 *15% 16% *15*4
16k ) *15*4 16*3 *15*4 16*3_ L a k e E rie & W ester n ...............
69*4
6 9 *4 !
Do
p r e f.
69%
6 9 V *69
70
*68% 70
7 9 78 Sept. 20
69% 69%
450, 58*4 Apr.
;*
1 7 0 1 71 (Lake Shore & Mich. S outhern
4 6 0 ,1 5 2 Jan.
1 81 S ep t. 16
......... 174
173 §171*8 171*6*169 171
*..........175
*37
4 4 'L ong I s la n d ..........
*38
43 I *37
44
.......... 3 9 3 i N ov. _ 55 Jan . 8
45
*37
45
*37
*35
40
2 3 ,0 9 6 40*8 A pr. 19 6 3 7s S ep t. 3
55*8 54*3 5 4 78 5 4 78 5 5 V L o u is v ille & N a s h v ille
____ 55%.
51%. 55
54*3 55*3 54*4
54%
98
99% M a n h a tta n E le v a te d , c o n so l. 1 6 ,408, 31% M ay 6 1 13 S e p t.1 0
98% 98% 97% 98%' 97% 98%
97% 98%: 97% 98%
103%
104% 105 107*4 M etrop olitan S treet,
1 0 3 103%' 103% 103% 103% 103%l 103% 1 0 4
------ --------6 ,5 5 9 99% O ct, 1 5 1 0 7 * 4 N ov. 19
102 103*3 §103*8 103*8;M ichigan ce n tr a l
*102% 103% ^103 1 0 3 7102% 103% §103 103
35 9 0 J an . 28 1 1 1 78 S ep t. 16
*22
*22
24*3 *22
24*31 "22
25
24*3 *22*3 24*3 M in n eap olis & St. L ou is*.......
24*3 22
..........I 1 6 M ay 1 4 31% S ep t. 1 6
*85
87 |
Do
1 s t prof
*85
87
*83*4 86*3 8 6
86 I *85*3 88
88 I‘ *85
100! 77% Mar. 18. 9 0 S e p t.1 6
52
Do
2d p ref.
*51*3 53 I 51
51 I 5 2
52
3 0 0 4 6 F eh. 261 62% Sept. 16
*51
52*3!1 *51*4 52*3 52
13
12% 1330
13*4
1330 133s '12*3 13*4 13*4 1330 *12*3 13
l.a o o ; 1 0 A pr. 19 16% S ep t. 16
Do
3 3 V 3330 3369 3 3
33V! 3 3 V 3 4 %
p r e f.
32% 33*e 32*3 33 I 33
5 ,9 2 8 24% A pr. 19 4 2 Sept. 15
28
28% 29V M issou ri P a cific.
28*3 29
1 7 ,9 3 0 10 M ay 6 40% S ep t. 7
*24
*24
26
26*3 *24
26*3 *24
26*3 *24
15 18 J u n e 3 3 2 A ug. 19
§25V 25%
106
l06 V
6 ,0 9 2 9 2 V F eh. 18 1 1 5 V S ep t. 1 6
7 05 l i
F eb . I l l 1 7 V Sept. 3
13*3 13%
13% 14
'1 3 V 14
*13*3 14
*74
8 0 | *74
80
80
*74
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Do
74
7 3 | *73
1 st p ref
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§73
1 67 V A pr. 15 8 1 V S ep t. 4
Do
2d p r e f.i
i 2 4 F eb. 1 0 j 4 3 V S ep t. 20
*32*3
34*3 ’32*3 34*3 *32
34*3 *32
3 4 V *32
31V
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L80
'1 7 8 180kj §178 178 *178 181 *178*3 1 8 0 §180 180
H art. 1 26 1 60 F eb. 2 §186 S ep t.2 0
15*4
1530 15*4 15*4
15
15V
1 5 V 1 5 V §15** 15 *15*4 1 5 V
istern . 1 1,4*5; 12% A pr. 19 2 0 V Sept. 16
•17
18
*17
17*3 *17
18 I §17
17
'17
;
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ew
7i 6*2 M ay 2 y 2 0 S e p t.1 6
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32*8
32*8 32*3 34*3
34
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p r e f. | 3 ,3 2 0 18*4 M ay 2 0 4 5 S ep t. 17
34*3 34
34 |
34*4 34*4
:olk <£
'13*3 15
*13 V 14V
............I
1 29
9 Apr. 19 17*4 S e p t.1 0
4334 43%
*43% 44
Do
p r e f. I 1 ,5 6 0
43V 43%
2 2 V M ay 5 45% S ep t. 4
r
a
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m
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K
y.,
v
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tin
g
tr
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tfs
.1
18%
18*4 18 V
18
3
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2
4
11
A pr. 19 2 1 78 S ept. 16
18*4 17 7e 18*8 18*4 18*4 18
1 8V
5 2 V 52
5230 5230 52
Do
p ref.i 1 8 ,9 6 4
3 2 V J an . 5 5 7 S e p t.1 6
52% 5 2
5 2 V 52*8
52V
52% 52%
38
*34
38 ; 34
tR .& N a v . C o .v o t.tr . c t fs .!
36
36
*33
38
j 33
33
‘ 33
38
2 22 1 6 J u n e 8 41 S e p t.1 0
*67
70 I 67
69
70
D o p r e f., v o t. tr u s t c tfs.
*68
‘67
69
68*3 68*3 §67
67
106
3 7 78 Jan. S 7 3 V S ept. 11
17*3 20
*17*3 20
*17*3 2 0 | *18
2 0 | ‘ 18
20
*18% 19
............
--- | 17% J u ly 9 23% A u g. 16
33% 343s *3334 3430 3359 3459 3419 3439 32*3 34
34
30
St. L .
7 ,2 1 0 1 1 V Mar. 29 3 4 78 N ov. 10
Do
« 5 V 66*3 *66
67
65*3 65*3 *6578 6 8 I *65*3 67*3 *66
p ref.!
6 00 4 4 V J n n e 2 5 7 0 V O ct. 20
22
223g 21*4 21%
21*4 2 1 78 2 0 78 21% 2 0 V 21
21*4 21%
""
1 1 ,4 5 2 1 16% A pr. 19 29*4 S ep t. 18
1
s
t
p ref., v o tin g tr u st certs.
47% 48 | 47
47%
47% 47%' 47% 47%| 45% 46% 4 6
47
6 ,0 4 2 t 3 8 V A pr. 19 57% S e p t.2 0
*27
28
2d p ref., v o tin g tr u st certs.
*26% 27%l *26% 27%' ,26% 26% 25% 26
26
26
2 ,5 0 2 i 22 V A pr. 19 3 5 7e S ep t. 20
Rio G rande W estern.
14% J u n e . 6 2 5 V S ep t. 10
54
Do
*51% 54
*52
p ref.
..........§ 25 M ay 26 | 59% S ept. 10
*6%
7
*6
6%
6%
6%
6%
-6
7
*6
7
"
1
100
3 V J u n e 14 9 V S ept. 2
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*41V 4 7 j 542
42
*42
45
41V 45
43
Do
1 s t p ref.! 3 5 37% J u n e 10 52 S ep t. 1
*41% 46
§43
12
16
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13% 14% §13% 13% *13% 14% '1 3 V 15
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2d p r e f 3.11 3 10% J u ly 28 20% Sept. 2
16
60
*60
*60 ........
St. L ou is A lt. & T .H ., tr. r e c t s .1 ..........| 5 9 A u g. 16 6 2 M ay 20
*60 ..........1 *60 .......... *60
*6%
6%
7
6%
56%
6%
6%
6% St. L. & S an Fr., vot. tr. e tfs .
6%j
6%
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A u g. 12
52% 53
53
53% 53%
53V
53% 53%
Do
1 s t p ref.
53
53% 5 3 % 5 4
4 ,5 8 8 3 7 J an . 29 57% A u g. 12
20% 20V -2 0
20%
20% 20%
Do
2d p ref.
20% 20%' 20% 20% 2 0 % 21
2,464' 12 Apr. 15 22% A u g . 12
*4%
4%
5
5
5
5
-4%
5%;
5
5
*4%
5 St. L ou is S o u th w e ste r n ............\
8 0 0 1 Apr.
1 7
A u g. 16
10% 10 v
"9% 1 0 %
_ *9% 10%'
10
‘9% 10%
10
10% 10%
Do
p r e f.
3 2 0 3% Apr.
1 14% S ep t. 3
*19
21 | *19
21 | ‘ 19
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21
23
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23
..........1 20 J an . 4 3 0 S e p t.1 0
*80% 81 | ‘ 80% 8 3 | *80% 83
*80% 83
82
82
84
Do
p ref.
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105!§72% J u ly 16 87% Oct. 4
*120 124 |*120 1 2 3 *120 1 2 4
1 2 2 122 *120 124 *120 1 24
27 9 1 1 4 J an . 28 125 A ug. 6
19% 19%
19% 1»%
19% 20
19% 19% 19% 19%
1 ,8 0 0 13% Jan . 13 23% Sept. 8
1 9 7e 20
9%
-9%
9%
9%
9
9%
9% 9%
9
~
9‘
9
9V
29% 3 0
29% 29%
29% 30% 29% 3 0 ’ | 29%
29% 29% 30%
10% 10% *10% 10%
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1 ,8 0 0
8 Apr. 1 15 A ug. 3 0
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11V
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911, 20%
9413. 20%;
9417., 20%
OAl„ 20%
on*. i1n9
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19
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1 9 ,1 9 2 14V A pr. 19 27% Oct. 20
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7
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1 ,6 1 0
1 Apr. 2 4 1 1 V S ep t. 23
7V
6% 6%
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7 | §6% 6%
7
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17% 17% 17% 17% 17% 17% 17% 17%[ 17% 17%
Do
p ref.
4 ,2 5 0 1 1 V A pr. 19 2 4 V S ep t. 2 0
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2
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1 ,2 6 5
IV J u n e 1 + 6 V J a n . 2
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*8
12
"8
12
*8
12
*8
11
Do
p ref.
•8
11
..........| 2 V A p r . 15 2 9 J an . 5
11 I "8
m is c e lla n e o u s S to c tts.
20% 20%
20% 20%
2 0 78 2 2 V 2 1 V 2 i V
2 1 V 21%
22
22 '
3 ,8 2 5
9 V May 28 2 6 7e S ep t. 2
72% 73% §71
71
7^% 7 4 V
7 l k 7 4 V § 7 3 ^ 7414 74
74 V
Do
p ref.
2,535 52*4 Feb. 16 8 0 V S ep t. 1
*8% 9%
9
9
$3%
8%i
9V
9*4
9
9
9 % A m erican S p irits M fg. C o ___
8 N o v . 8 1 5 78 A u g. 6
•8%
1 ,2 3 0
*20
22%
*20% 23
20V 20V
2 0 kj 2 0 V 20
*20% 2 1 V
Do
p ref.
6 00 18 N o v . 8 3 6 A u g. 5
128% 130% 127% 130
128 1 3 0 V 1 2 9 V 130V 1 3 0 V 131V 13 LV 133V A m erica n S u gar R efin ing C o. 2 7 9 ,4 3 6 109 V Mar. 29 159 V S ept. 3
111
111
110% 110% §110*4 110*4 § n o v u o v $112V U 2 V 112 112
no
p r e f.i
8 55 100*4 J an .
1 2 1 V S ep t. 4
80% -<1
81
81%
81
82*s 8 1 V *<1V 81*4 81*4 81% * 2 V A m erica n T ob acco C o ............i 9 ,7 1 5 6 7 V Feb. 15 9 6 V A ug. 9
1 1 0 110 *109 V 113 |U 0 9 V 113 * 1 0 9 V 113 * 1 0 9 V 113
*109% 113
Do
p r e f.i
100 1 00 F eb . 11 115 A u g. 6
5%
6%
6
6%
6*4
6V
6*4
7
5%
6V
5 78 . 6
B ay S ta te G a s............................... 9 1 ,9 9 5
3 7g Oot. 2 s 16 V A u g. 7
1 89 190% 1 8 0 187% 1 7 7 182
181 184*4 181 187 | 183
1 9 3 V C o n so lid a ted G as C o m p a n y ..| 4 0 ,6 6 1 1 36 V J an . 2 2 4 1 V S e p t.1 6
*31% 32%
32% 32%
31
31
30*4 30*4
31
31 i 3 1 V 32
C on solid ated Ic e Co
730 28 N o v . 8 4 1 V J u ly 19
90% *85
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90% *87
90*4 *83
90
§85
86V
90*4
Do
p ref.
21 8 0 J u n e 16 9 0 V J u ly 29
33
33%
33
33%
3 3 V 33V
3 2 V 33
31
31 >4 3 4V 3 2 78 G en eral E le c tr ic C o...................
1 ,0 5 0 2 8 V M ay 17 4 1 V Sept. 15
33% 34%
33% 33% 3 3 V 3 3 V
3 3 V 3 3 V *33
33% 33% 3 4 V N a tio n a l L ead C o .......................
3 .6 0 5 2 1 70 F eb . 16 4 4
S ep t. 10
1 0 3 103 §102% 10 i
103 103 §104*4 104*4 102 V 102 % 1 0 4 10 l
Do
p ref.
9 4 7 88 V F eb. 13 109% S ep t. 10
30
30%
29% 30
30
30*4
29% 30*4
2 9 78 30 % 3 0
31 P acific M a il...................................
24 .Tan. 9 3 9 *4 S ep t. 2
3
,3
1
8
95% 96% x»2% 91%
93V 94V
9 3 V O tV
9 2 V 9 3 78 9 3 V 94% P e o p le ’s G as L. & C. o f C h ic .; 5 8 ,6 8 5 U73*4 J an .
108% S ep t. 18
*67% 58% ‘57% 58% *58
5 9 V *58
59 V *53
59
*58
59 S ilv er B u llio n C e r tific a te s . . .
.......... 51% A ug. 27 65*4 J a n . 2 7
4%
5
4%
4%
*4 V
5
4V
4V
*4V
5 i
4 V 4 V Standard R op e & T w i n e ......... 1 1,268
3 V J u n e 29 11% J a n . I 9
25
25%
25
25%
25
25 V
23
25V
24V 24V
2>
25-4 T o u u essee Coal Ir on & R R .
4 ,9 2~~
0 17 M ay 20 35 V S ep t. 9
§6%
6%
*7
7%
"7
7V
*77V
*7
7V
*7*4 7% U u lte d S ta te s L eath er C o ___
25; 6*4 M ay 22 10*4 A u g. 23
61% 61%
61
01
6 1 V 62*4 62*4 6 2 7a 6 2 V 63
82% 63*4
Do
p r e f.
5
,0
3
5 | 5 0 A pr. 22 7 2 S ep t. 1
*15% 15%
15% 16%
15 V 1 5 7a 1 5 V 15 V
15 V *5 V 1 5 V 15V U n ited S ta te s R ubber C o ........ |
L,816 1 0 J u n e 3 25*4 J a n . 19
*64
07
*65
67
65
65 | *63 V 65 V 63% 63% §95
65
Do
p ref.;
4
03
5 0 J u ly 20 7 6 78 J a n . 5
8 0*. 86% 86
87%
86
87 I 86V 88V
86% 8 6 78 8 6 V 87V W e ste r n U n io n T e le g ra p h ...I
9 ,3 4 8 ' 7 5 V M ay 7 96% S ep t. 1 1

12%
12% 12%
12% 12%
27*4
27% 27% 27% 27%
32
12%
12%
12% 13
32
32
32
32% 32%
*80%
*81
82
♦81
81*8
53
*53% 54% *52% 5 1
86V
87% SB's 85% 87%
*12% 13% *12% 13% §13
21%
21%
21V
21 % 21%
*158 .......... 158 ___ "158
93
9
4
93*4
93% 94%
*52 V
*52% 55 j *52% 55
‘92
*95
98
*93
97 !
13% 13% 13% 13% 13*4
• 8 % 9%
8%
59
9
*26
*28
30
*28
30
91%
92% 91%
92% 93
6140 140% 6140% 140% 140
120% 120%' 1 2 0 120% 120
*162 .......... 1 ..................... §U>2
85% 8 6 % 85% 8 6 % 85%
76% 7 7
"76% 77
76V
*140 145 *140 145 *140
33
33% 32% 32% *32

pi

n o s a le m a d e. § L e ss th a n 1 0 0 sh ares, t R a n ge d a te s from A p ril 8. } B efore p a y m e n t o f a n y in sta l. ft 1 s t in s t. pd.
ic e s from J a n . J to N ov. 10 a re fo r C h icago G as Co. c tfs . o f dep.
Q T F o r I n a c tiv e S to c k s, see fo llo w in g r a g e .

THE CHRONICLE.

N ovember 30, 1897,]

963

NEW YOKE STOCK EXCHANGE PRICES (Continued )—IN A C TIV E STOCKS.
.Voc, 19

STUUB.8

t odioai*. andat«-.

Bid.

Bang*, ( t a u t ) m 1897.

Ask.

L ow est.

H ig h est.

(% Indicates actual sales.)
H ov, 19.

IN A C T IV E STO C K S

)[ Indicates unlisted.

Bid.

U ange ( sa te s) in 1897.

Ask.

L o w est.

H ls e e lla n e o n s S to c k s .
» a l l r o * d S t o c k »,
100 156 161 147% Feb.
J170 Feb. 177% Apr. i Adam* Express.......... ....
A lbany * a o s q u e b a n n a ....... — 100 180
J
a
n
.
American
Bank Note Co 15.
10
15%
Aug.
:
12%'
9
42% Ju ly
Ann A.-bor........... ........- ............. .1 00
25 120 iTtT 113 Apr.
32 i 22% Apr. 40 Aug. !
P re fe rre d .....................................100 29
100
A
m
erican
E
x
p
re
ss.
1118
22%
16%
May
20
25%
Sept.
118%
109%
Jan .
Buffalo R oeB w ter A P itte b o r? 100
100 190%
55 F eb.
66% Sept, i
68
P re fe rre d .....................................100 57
85% Ja n .
UK)
68
Apr.
119
76
A
uk
.
1
85
Ja n .
6
8
1118%
B a ri - d a r R ap id * * N o r... .100
. 102% May
100
31 % Amr. -13 -e p t. I
38
t't>ieoi<oG re a t West- pref. A ...100
33%
Sept.
100
’
,
20%
21
19
Alik.
15%
Ju n e
J84
‘
P re ferred B .............................100
100
P re fe r r e d ....... .............
161 A p r 168 % 8ept.
80
73 Sept.
CHeve *>: ' Jr P lttrim rir . .
. . 50 107 %
Col,
A
Hook.
C
oal
tr.ra
ti
.100
19
J
a
n
.
I
1%
Apr.
5
5%
3% J u n e
Col. Hook Valley & T o i.. . . . . . . 1 0 0
5%
io o 175
23
1* AlUf. 46 Ja n . Com m ercial C able.........
162% M ay
P re fe rre d ................................. 100 18
100 38
7 Apr. 14% Ju ly j
35 Feb.
tl.ito o a A F t. D o d g e___...1 0 0
8% 10
50
60 Ju ;y
70
65 J u n e D etroit G as.
20 Ja n .
P re fe rre d .................................. .100
.100 •123% 125 101% Ja n .
3 Apr.
4% Aug. |
2%
D u lu th w>. 9b.ore A A tla n tic T -100
10% Aug. 1
6% May
io o 106 110
5%
97 Feb.
7%
P re f -reed 7 ........
. . ...1 0 0
20 J a n e 34 S e p t,:
100
23
63% Apr.
Evan* vUle A T erre H a u te ......... 5u 23
30 June •14 Sept, i
100 113%
43
AS
29% Apr.
p re fe rre d
----------- . . . ----- 50
100 39
7 J a n e 11% Aug.
41
22 A lar
F lin t A Per* M a rq u ette ............. 100
30 Mar. 4» Q ei. ! P re fe rre d .......
100 191
70% Mar.
P re fe rre d .................................... 100
100 40
15 Out.
15
40 Ju ly
20% Sept.!
50
19
F o rt W ord. & Rio G r a n d e ......100
___ _ 10 Ju ly
,100
2 7 *s Apr. 4 0 A u g .:
30
Green Bay A W eelern...............100
D eb. n e n tn , A .............. — ...Is itw
42 M ay
4 Apr.
lo t
56
60
38 Apr.
D eb. <j.-rtf*. i t ......................... 1000
100 117%
10 May
K an sas City Pitre. A G olf ........100 21% 23% 23 Sept 20"a Sept. •
2 Feb.
4% Aug.
.100
7% 10
2%
3 May
K eokuk <* b e * Stelae#, . . . . . . . . 100
*
12 Mar. 29 % J:UI. I
13
5
8
4% M ay
15
P re fe rre d ....... . . .
............ 100
.100
6 AUk.
5
60% Ju n e
9% Ju ly
0
M exican C en tral....... ................1 0 0
. __ 98 May
.100
1% Mar. 2% Aug. P referred 15...,___
1
SlMClean N atio n al t r . alt*.,— 100
1%
.100
183% J u n e 170 Aug.
3*% A pr.
M urri- A K « « i ....... ..
50 IBS'*
11% ........
,
70 J a n .
3% Aug.
t 61.
ICO .........
-lo t
: in
330 370 340 Mar.
295 Feb. 324 M ay i'.-an sy lv sn U C oal..................
K.Y. A f l a r i e r o ......................... 50
110 Ja n . 122 Mar. Pti’lm a t P ataee C a r Co ____ .ICO 1170 170% 152 J a n .
N.V. !,««*. A W eetern............... 100 [131%
3
1% J u n e
l
110 V 103% Ja n . 119 Sept, i j u l o k s l l w M in in g ......... ........ . 100
P e a n a y lr a a ia .................... - . . . 5 ••jtio
%June 3% Aug. P re fe rre d ................................ 101! 8 i i
8 Apr.
P eo ria ire--*rur A K vatur.-»!«..loo
T,
1%
IOC . . . __ . . . . . 102 J a a
3%. Feb. 9% Aug. : S tandard ij**, pret r ---7
P eo ria A f t m t e t o ----- - . . ....1 0 0
1
___
150 May 17 k-.‘I%. auk
65 A pr.
* » « . ! T ennessee Coal A t r i m ,, ref. .10©
Pttre. f t . w . * CUe. Ktutr.. . . io o 180%
6 A pr,
173 Oct. 185 J a n . Io i« * ', *cltic Band T r u s t---- ,10«
Ren.i«*e!»er A B a r s to c a .. . . . .. M*> 18?
11« Mar. 121% 9ept.
37 Feb.
15
S om e W atertow n A Q*de»*. 10 0 ;; l.21
100 38
1
A
©
W
alla
P
a
r
v
a
*
■
'
*
r.—
1
'
O
113
1
J
a
n
e
97
.Ian1
4%
Aug■
WUeonkUl Cent, r o t, tr. c tf * .. .10 1
No price F rid a y latest p rtae •■«!* wee*.
1 A ctu al sales,

H ig h est

165
43%
125
119
94
137
105%
27%
85
7%
162%
37%
60
132%
115%
76
50
49%
86
50
14

Oct.
Ju ly
Ja n
Sept.
Ju n e
Sept.
Apr.
S ept.
May
Aug.
Slay
Jan .
Nov.
Sept.
Aug.
S ept.
Aug,
A ug
A ug,
M ay
Sept.
61 Bept.
60 Aug.
23% A ug.
13 Aug.
8% Aug.
97% S ep t.
120% S ept.
6% Aug.
10% Ja n .
340 M ar.
185 S ep t.
• 4% Aug.
I 13 Aug.
151 S ept.
I 80 Ju ly
! 9 A ug.
I 48 Ju ly
112 Aug

NEW YORK STOCK EXCHANGE FRICES.-Sr.4Te BONDS NOVEMBER 10
u
RitL ' Ask. i

SKCURITIEB.
A lab am a--C lass A, 4 to 5 ....U X W
1900
Class B, (m...............
C lam C, 4s.............................. Un*s
C urrency funding la ............ 1930
A rk a n sa s—*;«.fund,IIot.lB9i>-190«)
Nob HotforrS............................... .
7s, A rkansas C en tra! R R ....... . . . :
L o u !s !a n a -7 « . e c u s ................1934
S tam p ed 4a......... .......... ..................
New oonsrd*. 4 s , . . . . , . . ..........1914
N eb

Yo r k t i t )

JTov 18,1897,
Hi i t s .
(60s omiUed.i

11.i n k

M i i l i 'm r n t

fo r

th e

w eek

e n d in g

We omit two cipher* fOOJ in all atse*.
c a p ita l S u r p i't L o a n s.

Specie.

L eg a te. D eposits.

Bid.

SEC U R ITIE S.

Bid. i Ask.

B R c tm m E a .

108
.......... ■M...issouri
—Fund
1894-1895,
1, 60 <
i ■. .a—
. 6», o l d. ...........JA
N ortht■A
Cltaia ro?lin
J
108
101
F u n d in g a c t — .................1 9 0 0
New bonds, J.V.1..........1892-1898!
99
C hatham KK.............................. . . ..I
Spredal rex ,
I ..... ..................
: CotreotidM.id 4 s ......................19101
Os................................................1019;
S outh C arolina—4%a, 20-40..1933.
0*. um i-fund
. . . . . . . . 1999,
100

A8k.

.1802-1898
. . . . . . Tennes s ee—6s, old.
• b o n d s ............1892-8-1900
6s,
Do

i

103%
126%
103

N ew s e r ie s — 1914

C om prom ise, 3-4-5-Ba..____ 1912
N ew s e tt le m e n t 3 » ..........., .. . 1 9 1 3

R edem ption 4 s ........................1907
Do
4% »........................1913

86

P e n ite n tia r y 4 %«..................... 1913

V irginia funded debt, 2-3s__ 19911

68%

1 6«. d eferred Cut ree’t s ,s ta m p e d .

67%;

Reports of Xon*Member Banks,—Retarns are now algo
published for the non-member banks. The statement of
j -3 for the week ending Nov. 13, 1897, ia as follows:
\

DepfUlLwtth

L
w
91,699,0 914.410,0
{7V»9V
£mn*&
B&KK9.
2,808.©! i 7,284,0
Airk
Inw M -'
C©®»
X,©05,»,[ 13,. € 0 ,7
m m u . 8ptcle,\N®tt*.
%WW.Q 9,049,6; 0,272*0} i M i P
715.0 ; 8.051*0
1,713, If! 20,810.7
1,5*>0,0 % & m M 19,094,4
700,0}; 3,888.0
m iM
243.0 4,018,0
X9w v»>r « C rrr.
$
$
71.745.8 A«©*r
C ity ......... ..........
j 1,000,0 $JmSl 52.HJO.O 13.730.2 !
7 <2,180,8 229,5
r ’laeo.. . . . . . .
100,8 iol,o
2,«3g,4; 315.S
311.2
Tr©d*w*h#*r*.
4 750,0
tm M
10,0
53,2
5 e99,2
...... 3' | P |
Cl In too...... ..
20*1,0 7»90&fj 24,694*0.
i . m 4 ' 35,04.6,3 C**t
Qhmmim*
i 542,5
0,3
113/2
UUI......
.... 080,9
6OOS0>, iw M
77 7,5
%** HZju&fgfr
4,0«0t,9 1.044.7
127/2
J
(*oltt«ih!a
.
.
.
.
.
.
.
.
.
.
1X5.0
t
1.722.6
Vi \ 1,738,4
1-046,8;; 0*160,4 m w v m th
0,999.0
GftUciHi..
1*000.0 i , m m
104.4
on,©! .
21 031,1
l 1 ,2 1 2 J Fourf e«‘0t1» S lr w t. .
im ji
B n I eH«» w*Si
*tn*} 300,0;
177,H
1.688,0
112.3
( I 724,« i i i | J
330*0; 2.405.0 | Fr» 0kiln K a l Ionnl.
936,9; 2 ,m ¥ , 0 .
M mohMil&rSs- T i*4V l 400*0
540.0
110,0
310,7 f 1.117,8
m ,2 '. 1.030,8
Qtetosrwl* h - ■* . I: 200,0;
40,2
j
23,0
711*8 l °o:§
807*81 2.850.0 o *»*«■«©ort ...
t M ikMMtsmT«')'
499.0 8,111,1;
120.5
53.0
00.0 I,
999.9
.*
1
114*3:
928,31 2,077,8 | H i m
He* es>lii
>| 300,0'
ta.6{ 1*740,0
100/2
I .... 1 1 ^
2,802,0
252,0
|
233,5
H
*c|
214,1
§1S*«' 3.4
m m m #f Ifif r v« r k , , | 1,200,0
f8,8
i®8»8l 2,00i.g S
53.4 j
. . . . __ j
01*3 462,2 81.0
American? Exchiktig* 5.000. 2,545,6
3.010*0, 3*450.0; 18.807.0 } U me.
0
32.0
244.0
.1,043,0
Ha4aon JUhr-or. . ..A
ijtmtmm f t#
...|
3,603.6; 94.434,8 2,106. ill 3,120,1 { 18,6*26.5 Mount
72,6
32,8 233,8 ly
1/287,3
M i»m e
1.000. 1,5|6,1!
0'
Bfo -dwa t
5,7T*i,8' 021,8?
310,3; 4*049,3
158,0'
1 '
i 050,9 21,H j
o ta a t,.__ _
MeffiM lfli ..
1,000,0:- 002, ii 8.922.4 1,110,5; 1,-^2,3, 0,871,5 M
107,7 10.0
} 029,6 25 1 !:
Ui
til W iiril. J
fir
422,7
500,6 2,375.71 461,5
305.0’ 2.841.4 xP U
227.4
10.4
j
1,124,1
s*
__
________,{
1,01*4/2. 13.082.8 !
810,0; 13.501.1
w.w. - ! 1,500,0
70/2
6,4
©80,1
^03,0; 5 .8 3 1.7 ! III ■orniclo,..
■- •.»***.{ 450,0! 070.0 5,007,4; 72 M ‘
©6,3
18.4
( 440,8
....
l 200,0
251,0' l.iSlrO'
170,6*
3&9,8': 2.5*27.0 UtmAtitA. S a d o a si.;
75,0
©1,0
i
.208,0
XfJ 54,8’ 1.447.8 1.245.7 1.0,400,0 i Twc&fV W kw L "'.|
M 0 Hi a m m ie » ,«..... j 100,0’.
‘l, 1411,9 1«,7 J
102.0
...... I»OOC*30V 2.153.3 ■
' TA.mm.z
3.336.8 20 836,4 i Twenty-third w a J
27.5
|
616,8
X rrttg . . . . . . . . . ..i
849.9: 2,027,0 ; 222.9;
$ m ,4 i 2.001.0 j
J2,002,3 37.1 J
Sm iaro.,,.,
989,91 8.090,2 i Cai"ii
m % r- 2.551,04*9,-0
C f M . . . . . . . . . . . . -0 64;m>j )
1/4.0
[2,050,0 70,0
kTilfe ............S
s, 1,1Vor
j Bh0OKt,Y,V*
274,3' 2.320,2- 241.4:
470.7' 2.0
3f*«*-**i
,. , i §00,0.
I
7feB.4 1,057*1
■'
' ■.
#00,0; L09i,3i 6.701.4
! 70,7 101,4 85.0 |
........ .
150*0 U I , 2 I 1)79,4
147,21 3.01U.0' T49J|
44*2,3 • 4*456*3 ■I'k’dforO.
$*h* %A
t flCT.
hWMKW
|
130,0
145,0
!
1,282.7
Brea.© way,.. . . . . . . . . 1100,0 200.1
flb 1 1.87.5
1Hisr - 20.2 I
P ern Kx
1.,000,0' 1.992,41 8.335.4 1,340,8: 1*147,0 0,591,8 j Brooklyu
©3,0
. ., ...
i 300.0 160,4 II, 205,6
lot*?;
1,©<W,:0'' H it, w. b.m 'Az020,0:
..... ..
( 10,2 43.0 10.0 ;
Kijshth W ar© ..... } 2.00*0 20,0 I 278.0
'
899»T’t 11#0*3.0; t m j \
Ottefti*»1 .........
>
9.2
;
16,0
tlta Axeaue . . .. I Oo.o 51,5 i 513,0
Tm W tff^t»rS
l.SOfXO 9^97,5' 25,502,0' 3v991#0{ 2,1*03 0 28.800.0 - FFU!t«9
j 38,2 lit?
. . . . . . . ...... 200.0 180.0 002.0
Fai k
«H>.533.0
8,2#^#! 38,30*.*.8 J
; 31,3 07.0
; ©68,5
'
ire
r
160.0
97,5
1.179.5 ?
t
.
os,sunt
108,0}
149b61
320,4 594.5
24.500.0 i -Mao fa.:-Cr%* Nat*! 252.0 805,5 :2,500,5
3.04.1.3 23,07i-»*o. . . . . . . . . .—I
! 119,0 [ 103}4
...... 500.0 420,6 *2,649,8
12.146.0 i 7iech#nicM.
-. . -w. . . re*,.,) i m m '
4663 *,7£$jy I -772.0
S
100.0
102,0
f
033.0
Me©UV
<
fe
f
raOr
Vi
: 50,7 l 111,7
0
S# W ft.re.sU ,. WWW.*I
1,0X1,01 1,004.0 0.503,0 | Kii%*au Hetioisal .. j 800.0 I 568,3 18.835,0
870,0;
814' “
423.2 3..05 3,0 | National City.... . . '300,0 500, l •2,204,0
m.n%%.
4 34,0
600*01 7*00©,©’
$.700,8 ( 2,©42C2; 20,4*33.4 N .-rth Hide... ... ! 100.0 110,5 s 600.4
F irs t '
18-08
136,1.! 1,‘2 3 2 /i People*- . . ......... ..f 100-0 103,5 ! 841,2
:
©0,8
176,2
1*857*7
40,6
. *«, . 1 * . s . ( 2-5©,©< 000,4’ 2.91*5.0!
539,0; 3,4«1,0 Qrieei
483.0!
433.1
ii Co, (t..f,C.) 200.0 201,2 [2,22*2,9
295*4 3,31’ 1
N ew T rk r > u n t r . ,« so©.©; i m l f 2.674,4;
500,7
110.2
i
610,3
100.0
67,0
horn ,
455,10 2,758,3 Schermef
O t r a n a a ro e rtc a n ,.
277,8: WMMhm 280,©<
05, i,
Ni’ii feiHitli W ar 100.0 07,8 307,5
(Jhswto__
500,0 1,477.7: m © 10,91 5,474,©- 1,327,6 20,61*0, .4 Hi
200,0
053.1
210,1
8,449,1 HpraUjkB N ational.. | 200.0
y ifth
.
1 1im fil 1*120,0; 7,303,0' 1,467,9;
435*3
f
00.9
62,0
g /lM .2 Twenty-gixt© W*9.| 100,0 61,0 3*21,0
24«.4'<
fterm an KxcU*
$m ,7 1 2,241/1)
i:I
4.803.3 UtUoti,.,
m n .i]
0eTIO-A©Id , - . . a...„Z - - , I WO,:©-. 710,4; 3.350.1
40,1
1-000,71 7.740.5 WaUiihofit........... j 100.0 20,3 j 499,4
V
wtAtoa
930.3 0,7(12.8
709,3; 7.201.1
if©©.©; m $ : v 9/490,0' 1,107.©:
n ...........
[3,626.8
400.0
72«,4
1st
Nat.,
-Tor.
Cit
,
i
479*6? S»992»9 U ml. Co.Ndt. J . p j 250.0 500,? 2,048,5
4,050,0! 1.019,1!
0«rS«M- - **. . . .. —.** | 200.0
t1,059,4
m
297.6 2.071.3 26 N t., .fcr, C ty .. 250.0 387,0 ! 1.388,0
2©C|,©i 812,5! 1,781,2; m M M
f'ilt
.
. J
609,0' 5.472.2
Mpnfe of %im Mm ro p .; 300.0
933,7} 4.470,7; 083,0
5.3
200.0 164,7 IIM), 1
36
N*t-.
Jor.
City,,}
2.535.0
50S-.0
3i6,0|
200.01 327,2, 2,2-90,0'
W w t Mtt8©-,........
200,8
N f„ Hole ken. 1110.0 307,8 1.4 U ,7
§00.01 m i i 7,620,0! 1.224,0 1,312 © 0JO8.O 1«t
»to«,bo-r»l........
50,0
Nat,. Ho oke . | 125.0 80,7 781,8
1.507.0 26
167.0
i©©*oi 839,0'; 1,820,0} 999,0)
«n».
25,0 40*0 512.1
Bank
of
Ht
'ton
1*1,
3,071.3
28,053.8 l*t Nat.,Staten lal. 100.0 61,3 551,7
W««ftm u ___
. j •2, roo.©j 530,4; 16,374,4! 1.820,2;
572,1
860,8 5.! 02,0
r*lf t Mat, B’k lr n ...!
030,9! 6 .1
©7*0!631,11
0
622 O 10,740.6
NmK t f n i m B m nk..Z
755.7; 10,928,7! 1,099-0!
6j,g 6 6 .g
...
o,it
2
,&
%
3
^*S
60
.
231
,
912
,
029.4
4
,cq$t>
ri$t
02
r,r
2
,
734,0
T
o
ta
ls
.
2.059.2
484,8
449,4
292,8;
IM m i
SQ,St6,Q 2 / 70 3,9 *>06g,6 8jm r,2 2 , 244,6 bj,osr ,4
173,3 8.880.6 Pro vioim week, . . . .
71.64
M* If,.
Wk&h’g®, 1,000,0; u % m 4*091,5;
sQ.7W,t A W . ; t.S S jp t S 4 1 ,,o *,4*9,1 />4,re>s,a
247.7 2*758,8 Two weeks i«go350.0'
B k o f » . Aittttwrrtam
2,503*3}
juMikof sr«w r>?|Yliilwtii»ii
urn n i l iiin u n m n
2,C»50,«>
14.255,0 3,376-0!
54smtimitsm €-*J
%M&M
U,s150,.t: a.%m,B

fir" F o r nrb-i-s u f ImnU s t o r k s (fn r m r r lv itir e n oil th i* im ito) aru l
T o ta l ........ ........... *9,033.7!74,M0,l:;»75,818,9ilM85e;i 77,7*1.8 «8*.331,8 I «i»mm
»rie« «r th e w e e k ly r e t u r n s n f th e b u n k s in N e w Y o r k O ily*
P h ila d e lp h ia a n d B o s to n , s e e ii*« th ir d p a g e p r e c e d in g .

THE CHRONICLE.

964

ISOHTON, F31LADKLPH1A

[ V o i. LXV

AND BALTIMORE STOCK EXCBANG1S.
S a les
o f th e
W eek,
Shares.

S h a r e P r ic e s — n o t P e r C e n tu m P r ic e r .
A c t iv e S t o c k s ,
f Jn dloatos u n liste d .
A.toh. T. A B. F e. (B oston). 1 0 0
A ,tl*atie A Pao.
44
100
B altim ore A O hio (B a lt.). 1 0 0
B alt. City P ase’ger 44
25
B altim ore Coi so l.
44
25
Baltim ore Consol. 1T(P/iiL). 25
B oston A A lbany (Boston). 100
100
B oston A L ow ell
44
100
B oston A M aine.
44
100
O entral o f M ass..
44
100
P referred ..........
44
1
00
Ohio. Bur. A Quin.
Ohio. M il.A 8 t. P. (PZuZ.).lOO
50
Ohoo.O AG. v o t.t.o . 44
100
Olt. 8 t.R y .o f Ind1T
F itchburg p r e f..f B o sto n ;. 100
Lehigh V a liev
( P h ila .) . 50
M etropol’n 8tr’tTT 44
100
M exican C ent’l (B o s to n ). 100
l e w E n g la n d ....
“
100
P r e fe r r e d .........
44
100
Northern C entral ( B a l .) . 50
Northern P aolfio (P h ila .) 100
^ Preferred
44
100
Old C olo n y ___ (B o s to n ). 100
P en n sy lv a n ia . . . ( P h i l a . ) . 50
P hilad elp h . Trao.
44
50
44
50
B ead in g C o..........
U nion P a d f lc l. . ( B o sto n ).\Q 0
Union T r a c tio n ..( P h ila .) . 50
iT lI s c e lla n e o n s S t o c k s .
Am .Bug’r Refill. HCBo*t o n ; ....
P r e fe r r e d .........
44
B e ll T e le p h o n e ..
44
100
B oat A M ontana.
44
25
B u tte A B o s to n .\
44
25
C alum et A H eola
44
25
Canton C o ............ ( B a lt.) .100
C onsolidated G as
44
100
E leo.8tor. B at’y IT(P A i/a.). 100
| Preferred U
44
100
E rie T e le p h o n e .(B o u to n ). 100
G eneral Eleotrlo.
44
100
P r e fe r r e d ..........
100
Illin o is S t e e l . . . .
44
100
L am son S toreS er. 44
50
L ehi’b C oalA N av. (T k ilc u ) 50
N. E .T elep h on e (B o sto n ). 100
Fa. H eat.L. &,Pow( P h ila .) ___
U n it’d G as Imp.IT
44
50
W elsbaoh L ig h t 1)
44
5
W est End Land ..( B o s to n )..
* Bid and asked prices; no

S a tu rd a y ,
N ot . 13.

M onday,
N ov. 15.

T u esd ay,
N ov. 16.

*12*

12*

•1 2 *

12*

124

12*

12*
12
674 "67*
2 3 7s
2 3 7g
24
24
234
21 8
2 1 7 218
218 218
217 218
*216
'216
2 1 6 ........
216
1 6 5 * 1 6 5 * 1 6 5 * 1 6 5 * 166 1 6 6 4 1 6 6 4
*9
’9
*9 ........
*9 .
57
*55
•55
*55
57
*55
57
93
9 3 7g 9 3 * 9 4 4
93*
93* 94*
9 2 * 9 2 7e 9 1 * 9 2 *
914 9 2 *
914
8
8
8
8
8
*74
T's
* 1 1 * ...
*67
67*
24
24

95
95
26* 26*
103*103*
'5 *
5*

67*
24

67*
24

9 4 * 95
26
26*
103* 103*
5 6ie

80
80
........ 80
*79*
•7 8
...
I 7 7q 1 8 *
1 8 * 18*
52* 52*
51* 52*
183 183
1 8 2 * 183
55*
55
55* 55*
72*
72
72
72
\ 0 lo ie l i * 1 0 1 * * l l l lb
20 3g 21
21
21*
11* 11*
11* 12*
128*
111
256*
134
2» *
455

130*
111
257
134*
21*
455

58

58

*69
32
*81
*42
*2d

70
32
85
45
”4 2 *

16*
86*

1 6 7g
86*

1*
1*
sa le w a s in

Inactive Stocks.

B id.

P rices o f N o vem b er 19.
A tla n ta & Chi r o tte (Bait.) 100
B oston A P ro v id e n c e (B o sto n ).-100
(P h ila .). 50
O ataw lssa............
50
1 st p r e fe r r e d ............
C en tral O hio.................. (B alt.) 50
C hicago A W est Mich.(Bo.
100
100
C on n ecticu t A P a s s ..
100
C on n ecticu t R iver . . .
100
C onsol. T ract.of N.J.IKPA
D elaw areA B ound B r.
100
F lin t A P ere M a r q ...(Bo:
100
Preferred ..................
100
H esto n v llle P a s s e n g . ( P h ila .) . 50
Preferred 1T.............
''
50
H u nt. A Broad T o p ...
4
50
P referred ...................
4
50
100
Kan. C’y F t.8 . A M em. (Bo.
100
P refe rred ....................
L ittle S ch u y lk ill..........(P h ila .). 50
100
50
N esauehoning V a l . . .
50
N >rtn A m erican C o ..
100
North P e n n sy lv a n ia .
50
100

P hiladel. A E r ie .

13

W ed n esd ay,
N ov. 17.

60
50
100

95
2fc5
21
10
147
•255
36
___
10
39

45
15
50
52*
125
57
53*
90
184
19

23

9t
94
26* 26*
1034 1034
*5 *
54

12*

1 1 0 111
2 5 6 * 257

If 2 * 133
20* 20*
455 4 5 6
57
24*

57*
24*

* 6 9 * **"
33
33
*81
85
41* 41*
20* 20*
•4 2 * 43
126 226
1 6 * 17
85
85*
43
43
'1 *
1*
a le .
A tk .

12*

12

*11*
67* 67*
234 234
24* 24*
2 19 219
___
*216
1 6 6 4 166 1 6 6 *
..........
10
*9
57
*55
58
934 94*
94*
92*
92
924
8
74
74

*94
94 *
26
26*
103* 103*
*54

12*

67*
234
234
218*

54

94* 94*
26* 26*
104 104
6
6

80
80
*80 .......... *80
80
*80 ..........
80
804 80*
18
18
184 184
184 184
52* 52*
52* 52*
52* 524
1 8 2 * 1 8 2 * 183 183
183 183
55*
55
55
55
55
5 A4
724 724
7 2 4 72 4
7 2 4 725s
10*10»3,(t
lfi» i e 10U>16
1 0 * 1C*
19* 19*
2 0 * 20*9
19
20*
1
2
*
1
2
*
1
2
*
12
12*
124
n o * L ll*
257 2 6 0
133 1 3 4 *
2 ’>7S 2 1 4
4oo 455
55

55
70

694
32*
80
*40
21
42*
126
16%
854
43

324
80
44
21
42*
126
16*
8 6 1*
43

14

14

130*
110*
259*
134
21
455

F rid ay,
N ov. 19.
13
13
**
*
*12
13
*67* 6 7 *
2 34 234
*23* 24 *
21 8 2 18
2 1 6 * *>16*
*166 1 6 6 *
•9
11
*56
58
9 3 * 94
92* 9 2 \
7 7e
8
• ___
19
9 4 * 94»«
26* 26*
1 0 5 * 107
53g
530
*25
30
80
80
* 8 0 * 80%
18
18*
5 2 * 52%
* 1 8 2 4 183
55
5.* *
72% 7 2 4
1 0 » ie1 0 H lb
1 9 * 20
12
12*

1 3 1 * l ’5' 4
112
12
2 6 4 * 2^**3
134
13 4
21
21
4 55 *4.^5
*65
54*
54
24%

MISCELLANEOUS.

1 1 ,3 8 4
6 ,3 o 0
620
397
1,504
2 ,2 9 7
79
23
2 20
4 ,0 1 9
3,683
41
1,313
4 ,7 9 3
9 ,3 3 6
4.92
11,7 9 0

71
71
71
71
*70
71
3 2 * 3 2 * * 3 2 * 32%
* 3 2 * 33
85
*81
85
81
81
*81
* 4 2 * 45
*43
44
*40
41
22* 22*
22* 24*
21* 22*
42*
4 2* 42* *
424 424
126 126
128
128 •1 2 6 127
1 6 4 I 6 7e 1 6 4 17
87
87 * 87*
87
864 864
4 ' * 43
42 * 42*
4 2 4 43
*1*
14
'1 4
14
*14
14
1 2d In stal. paid.
§ 1 s t in sta l. paid.

2 46
115
85
1 00
3 09
16
26
1,218
3 .1 2 8
797
3 00
t T rust

1114
261
134
21*
4 55
70
54

Bonds.

A tla n W r i^ ^ '^ b tM & N
Buffalo B y . oon. 1 st, 5 a ............1931
C ataw laea, M .,7 s .........1 9 0 0 , F&A
Clioo. Okla. & G a ll, prior H en 6 s ..
G eneral 5a.......................1 9 1 9 , J&J
C itizens’ S t.R y .o l In d .,o o n .5 s .l9 3 3
Columb. 8t. R y „ l Bt , oon. 5 s .. 1932
Colnmb. O. C rosatow n, lst.5 a .1 9 3 3
Consol. Traot. o l N . J „ 1 st,5 8 .1 9 3 3
D el. & B ’d Br’k , 1 s t , 7 e .l9 0 5 ,F & A
E a sto n & A m . IstM .,5a. 1 9 2 0 , M&N
Eleo. & P eo p le’s Trao. stook , tr. otfa
Elm ir. &W flm ., 1 s t , 6 a .l9 1 0 , J & J .
H esto n v ille M. & F „ con . 5 a ..l9 2 4
H u n t. & B F d T o p ,C o n .5 a .’95,A& O
K. C. 8nb. B elt 1 s t 6 s ... 1920, J&D
Kan.C. P itts.& O . l B t 5 8 .1 9 2 3 , A&O
L ehig h N av. 4 4 a ............ 1 9 1 4 , Q—J
2d 6 s , g o ld ......................1 8 9 7 , J&D
G eneral m o rt. 4138, g . 1 9 2 4 ,0 —F
L ehigh V al.C oal l a t 5 a ,g .1 9 3 3 ,J& J
Lehigh V a lle y , 1 s t 6 a ...1 8 9 8 , J& D
2d 7 a .................................1 9 1 0 , M&8
Oonaol. 6 ......................... 1 9 2 3 , JA D
N ew ark P a sse n g e r, oon. 5 a ...1 9 3 0
N o r th P e n n , 1 s t , 4 a . . . . 1 9 3 6 ,M&N
G en. M. 7 s ...................... 1 9 0 3 , J& J
P e n n sy lv a n ia g e n . 6 s . r .,1 9 1 0 , Var
Oonaol. 6 s , c
.............1 9 0 5 , Var
O o n a o l.5 e ,r ...,
-------~

V U n listed .

4
150
3 ,0 8 2
332
17'
27
72

37,0 9 7
330
559
4,966
14,705
51

1114
2 60
133*
21
455
"65
54

54

BIO.

ASK.

69
Boston U nited G as, 2 d m . 5 s . .1 9 3 9 § 67
B ari. A Mo. R iv er E x e u p t 6 s , JA J $119
1194
268
N on -exem p t 6 s ........ ..1 9 1 8 , J A J 1107 1 0 7 *
96
P lain 4 s .............................1 9 1 0 , JA J § 92
51
Ohio. B url. A N or. 1 s t 5 ,1 9 2 6 , AAO 9 1 0 5 4 1 06
101
2d m ort. 6 s . . . . . . . . . . . 1 9 1 8 , J& D iOO
12
D ebenture 6 s . . . . . . . . . 1 8 9 6 , JA D
150
Ohio. Burl. A Q uincy 4 s 1 9 2 2 , FA A 9 97
98
260
Iow a D iv isio n 4 s ........ 1 9 1 9 , AAO < 1 0 0 4
65
3 6 4 Chio.AW .M ich. g en . 5 s , 1 9 2 1 , JA D 9 60
_ Consol, o f V erm on t, 5 s . 1 9 1 3 , J A J § 60
65
12
70
Current R iver, 1 s t, 5 s . .1 9 2 7 , AAO $ 6 0
41
74
D et.G r.R ap.A W .,ls t 4 s ,1946. AAO 5 73
48
E astern 1 st m ort 6 g. 1 9 0 6 ,M A S .. $120 121
60
iT ee .E lk . A M .V .,1 st, 6 s .l9 3 3 , end. §133
164
U
u unstam
o v a i u iped,
^ o u , 1 st, vso,
6 s. i1933
v i / t i . . . . . . . . §133
46
75
C. C.& Spring., 1 st, 5 g .,1 9 2 5 ,A & 0 | 6 0
20
=. O. F .8 .& M . oon . 6 s , 1 9 2 8 , M&N $ 9 7 * 98
60
77
K.C. Mem. & B ir.,1 s t,2a,1 9 2 7 , MAS * 75
___ ^ K .
C. 8 t. J o . & C . B .,7 s ..l9 0§120
7 , J&J121
127
95
L. R ook & F t 8^ 1 s t , 7 a ..1 9 0 5 , J&J § 90
100
L o a ls.,E v .& S t.L .,lst,6 g . 1 9 2 6 ,A&O § 98
85
2m ., 5—6 g .................. 1 9 3 6 , A&O $ 83
Mar. H . & O nt., 6a........ 1 9 2 5 . A&O §110 111
M exioan C e n tr a l,* g . . . 1 9 1 1 , J&J § 6 2 4 63
194
15
16
l e t oonaol.lnoom ea, S g, non-oum .
4
2 d oonaol. in c o m e s. 3 s , non-oum .
54
22
N . Y . & N .E n g ,, l e t , 7 a ,1 9 0 5 , J& J' §118 119
la t m o r t . 6 a . . . . . „ ___ 1 9 0 5 , J&J § LI 1
95
O gden. & L J ).,C o n .S a .. .1 9 2 0 .A & 0 § 9 0
Ino. 6a..................
1920 j _____ 15
1 04
B u tla n d , 1 s t,6a.............. 1 9 0 2 ,M&N §103
96
100
3d, 5 s ...............................1 8 9 8 ,F&A ♦ 98

A llou ezM ln ’g, assfcpdf Post . . . 25
1
4
Am er. R y .E l. L ig h t.. (P h ila .) .
5*
A tla n tlo M ining.........(B o s to n ). 26
23
234
B ay S ta te G as I T ......
44
50
3
34
B oston L a n d ................
44
10
44
64
C entennial M in in g ...
44
25
174 174
Fort W ayne E le c t.!!..
44
25
1
4
F ran klin M in in g ,....
44
25
19
194
Fre''Ohtn’n’s B a y L*d.
44
5
*
4
K e »r large M in in g ....
44
25
17
174
M arsden C o..................( P h i l a . ) . .
16* 164
O sceola M ining.........( B o s to n ). 25
35
354
P ullm an P a la c e Car.
100 170 171
.100
6
P referred tT.
100
12
25 115 116
am araok M in in g ....
44
25 127
129
*v ater P o w e r ............
«
10(
*
1
W eatingh. Eleo. A M ,.
“
50
20
21
Pref., c u m u la tiv e ..
44
50
504 51*
B o n d t--B o * to n .
At. Ton. A S. F. g en era l g.
995
8 5 4 86
A djustm ent tr. 4 s. 1 9 9 5 .
5 4 * 5430
—
*85
86

2 70

1314
1124
265
137*
24*
460
70
54*
21%

1270b 129* 1 2 9 * 130% 1 2 9 4 1 3 0 4

P referred .................
4
100
S ou th ern ........................ (B
100
100
P referred..................
•
W est E n d ........................(B o sto n ). 50
954
P r e fe r r e d ..................
44
50 101
1014
U nited Cos. o f N. J . . (P h i
100 2 4 8 2 5 0
W est J e rsey A S ea 8h.
44
50
50
504
W estern N.Y. A P en n
44
100
24
24
W isoonsin C en tra l...( B o s t
.100
2
3
P r e fe r r e d ..................
44
100
3
5
Woro’st.N ash.A R ooh.
44
100 1 1 5 120

•P r ic e in c lu d e s overd u e ooupons.

*12
*67*

T hursday,
N ov. 18.

J And aoorued in te r e st.

1 0 6 4 1 07
1084
1074
88

97
122
106*
724

884
74
1 0 l"
974
72%

123
1154
105
1 0 4 4 106
7 9 4 80

1 1 3 * 114
1 0 2 * 102%
L0178
95

104*
133
119
109
111
119
1 32
1184
122

• - mm
134

” 5 93
185

B a n g e o f s a le s In 1 8 9 7 .
L ow est.
9 * Apr.
15o. Feb.
9 A u g.
5 9 * Ja n .
17 J an .
2 1 °8 A u g .
2 09 Jan .
205 J an .
1 57 J u n e
8 * N ov.
5 6 Mar.
6 9 * J an .
6 9 * Apr.
6 M ay
16 Apr.
8 9 * J u ly
2 0 * Fen.
1 0 1 Oct.
5 A u g.
1 8 Apr.
5 7 F eb.
6 7 * Ja n .
30 7g Apr.
3 3 * Ja n .
1 7 6 * M ay
51 M ay
6 6 * J an .
89i« Apr.
5 A pr.
8 * Apr.

H igh ftft.
20 1 6 7g 8 e p t. 1 8
17 1 0 0 A u g 12
2 2 1 8 ep t. 2 0
13 6 7 * S ep t 15
12 2^ * N ov. 11
6 2 4 * N o v . 18
4 2 2o
A ug. 2 7
2 21f * N ov. 3
2 I 7'
Sept. 28
9 13 A ug. 3 0
26 6 2 * Aug. 30
5 1 0 2 * S ep t. 20
19 1 0 1 S ep t. 15
7 1 0 * S e p t. 2 0
12 2 5 * J a u . 2 0
17 9 6 N ov. 12
18 3 2 * J u ly 22
16 1 0 7 N o v . 19
11
9 * Jao. 30
* 4 0 S en t. 1
15 9 0 S ep t. 1
27 8 0 * N ov. 18
30 2 1 * Sept. 15
15 57 Sept. 16
26 1 8 5 * Aug. 23
3 5 9 ;ie 8 ep t. 18
5 7 4 * Aug. 6
19 1 4 * S ep t. 18
15 27% O ct. 2 0
29 13 ->8 M ar. 3

1 0 9 * Mar. 29
1 0 0 * Jan . 6
2 0 5 * Jan. 4
9 4 * J an . 5
6 Jan. I f
326 Jan. 2
60 Jan. 8
5 4 N o v . 1"
1 5 * Apr. 22
1 7 * A pr. 3i
633g Apr. 3
2 8 * May 17
6 6 May 1 2 9 * A pr. 23
1 5 * J u n e 2)
3 7 * M ay 2e
1 0 1 A pr. f
13 Apr. 3<
7 0 7e M ay i
3 8 * Apr. 6
1 O ct. 2
reo .,a ll 1natal

Bonds.

B id

4 st

P a. & N . Y . C a n a l ,7 s ...1 0 1 , J& D
A&O
C on. 5 s ............................1 9 3
P eo p le’s Trao. tr u st certs. 4 s.. 1 9 4 3
P erk iom en , 1 s t s e r .,5 s .l 9 1 8 , Q—J
P h ila .& E r ie g e n . M. 5 g .,1 9 2 0 , A&O
Gen. m o rt.. 4 g . . . . . . . 1 9 2 0 , A&O
P h ila * R e a d . 2d , 5 s . ..1 9 3 3 , A&O
C onsol, m o rt. 7 S . .....1 9 1 1 , J&D
Oonaol. m ort. 6 . . . . . . . 1 9 1 1 , J&D
Im p r o v e m e n ts!. 6 g ., 1 8 9 7 A&O
Con. M. o f 1 8 8 2 , 4 S ....1 9 3 7 , J&J
T erm in al 5 s , g . . . . „ 1 9 4 1 , Q.—F.
P h il. W ilm . & B a lt., 4 s . 1 9 1 7 , A&O
P itts. C. & St. L „ 7 s . . ..1 9 0 0 . F&A
R eading Co. g en . 4 s . . . . . 1 9 9 7 , J&J
R och ester R a ilw a y , o on . 5 s ..1 9 3 0
3 o h u y l.B .E .8 id e ,ls t5 g .1 9 3 5 , J A D
Onion T erm in al 1 s t 5 s . . . . . . . F & A

124
10;
09
10 2
118
106*
127
1 3 3 * ..........
125
102* i o T
102
1174

A tla n ta & O h a r l., I s t 7 s , 1907 J&J
B altim ore B e lt, 1 st, 5 s . 1 9 9 0 , Im &N
B alt. C. P a ss. 1 st 5 s . . -.1 9 1 1 , M&N
B a lt. T raction, 1 st 5 s . .1 9 2 9 , M&N
E z te n . & im p t. 6 s ___ 1 9 0 1 , M &8
N o. B a lt. D lv ., 5 s ........ 1 9 4 2 , J& D
B altim ore & O hio 4 g ., 1 9 3 5 , A&O
P itts. & C onn., 5 g ___1 9 2 5 , F&A
S ta te n Isla n d , 2d , 5 g .1 9 2 6 , J& J
R e c e iv e r s’ certific a tes, 6 a ..J & D
D o. M aryland C on stru e., 5 s . . . . . .
D o. P lttsb . & C on n ells., 5 s..J & J
D o. M ain L in e 5 s ...............................
Bal.& O hio S .W .,ls t ,4 4 g .l9 9 0 , J&J
O ap eF .& Y a d ..8 er.A .,6 g .l9 1 6 , J&D
C ent. O hio, 4 4 g . ............1 9 3 0 , M &8
C ent. P a ss., 1 s t 5 s ___ .1 9 3 2 , M&N
C ity & 8 n b „ 1 st 5 s ..........1 9 2 2 , J&D
Chari. C o l.& A u g .e x t.5 s .l9 1 0 , J& J
C o l & G reen y., l e t 5 -6 8 .1 9 1 7 , J&J
G e o r g ia * A la .,ls t p f . 5 8 .1 9 4 5 ,A&O
G a.O ar. & N or. 1 s t 5 g . . l 9 2 9 , J& J
G eorgia P ao., 1 s t 5 -6 S ...1 9 2 2 , J& J
Geor. 8 0 . & F la ., 1 s t 5 s . .1 9 4 5 , J&J
N orth. O ent. 6 s ..................1900, J&J
6 s ......................
1 9 0 4 , J&J
S eries A , 5 s -----. . . ___ 1 9 2 6 , J&J
4 4 b ................................... 1 9 2 5 , A&O
P itts . & C on n ells. I s t 7 s . l 8 9 8 , J& J
S o a th e m , 1 st 5 s ................1 9 9 4 , J& J
V irgin ia M ia., 1 st 6 s . . . 1 9 0 6 , MAS
2 d S eries, 6 s . . . . ............ 1 9 1 1 MAS
Sd S eries, 6 s .............. . 1 9 1 6 , MAS
4 t h S eries, 3 -4 -5 s........ 1 9 2 1 , MAS
5 th S eries, 5 s ................ 1 9 2 6 , MAS
W est V a, C. & P . 1 s t, 6 g .1 9 1 1 , J& J
W llm . C ol. & A u g ., 6 s . .1 9 1 0 , J&D

119%
80
1134 .
111 * 1
104*106
1 1 4 * 115
10 2 ........ .

Bonds.—Baltimore,.

M ISCELLANEOU S.

B altim o r e W ater 5 s . ..1 9 1 6 , M& t
F n n d in g 5 s . . ™ . ........ 1 9 1 6 , M&h
E x c h a n g e 3 4 s ..............1 9 3 0 , J&.
_____
Irginia (S tate) 3 s , n e w . 1 9 3 2 , J&
F u n d ed d eb t, 2 -3 s........ 1 9 9 1 , J&.
C h esapeake G as. 6 s ____1 9 0 0 , J & !
— — C o n so l. G a s, fls______1 9 1 0 , j * 1
5 a ________
V '*
i'0 '9 4

15 9 * Sept. 3
1 2 1 * Hept. 14
285 S ep t. 14
1 5 1 * S ep t. 2 0
3 1 * 8 ep t. 2 0
495 Sept. 20
6 ? ^ F eb. 6
6 2 9! J an . 15
3 3 * Sept* 7
3 6'* Sept. 7
77 Sept. 15
41 Sept. 15
9 0 Sept. 15
5 0 * A ug. 3 0
2 3 * Feb. 1
4 5 * S ept. 8
135 S ep t. 8
1 7 * 8e pt. 2
8 8 * 8 ep t. 7
5 0 * 9 ep t. 7
2 7s F eb. 9
paid.

109
8430
95

84%
108

......

102* 103*
101*
98*
50
97
110
113*
1 09
114*
101
83*
119*
98*
108*
112
116*
109*
103
91*
110
114
112
96
103*
108*
117
1 22

102
.

114*
I.
115*
101*
84
.
98*
1: 0 8 *
t
.
.

.
i:9 *
1..........

122i«

i<)54 io §“
76% 7 7 4
6 7 I 67 *4
1 06 I..........
1 1 7 4 118
1 0 9 4 110

THE CHRONICLE

&OVXMBEB 20, 1897, j

965

NEW YORK STOCK EXCHANGE PRICES (Continued}—.4CTZFE B O N D S N O V . 19 A N D F O R Y E A R IS 9 7 .
K.\ ILSOAD AM)
Mis c e l l a jis o o * B o * d*.

I r

, *. ,

i O lo tim j B a n g * d a t a ) In 1897'
F ruyu

i ----- ----------- ---------

i t n a d XuC' l a _

L a a e tl.

,

——

| H ig h est.

R a il r o a d

ajto

MaCELLANEOCT* Bo.TD A

0 losing

I n f st
P r ic e
Period. N o v . 1 9 ,

(salts) in 1897
L ow est.

H ig h e s t,

1 0 7 b. 1 0 6
F eb, 110
S ep t.
C o u ls .N . A & 0 b . — 1 s t , 6 s . 1 9 1 0 J & J 1 1 2 b. 111
A tn e r. C o tto n O il,d * t % 8 g .l9 0 0
Jan. 1 1 5 % J u n k
94%
* 7 1 A b. 7 0
A pr.
86% A u g .
M a n h a tt a n c o n s o l . 4 a .........1 9 9 0 :A >Sr O
97% A ng.
9 1 % A p r.
A m o r . S p ir it M l* ., 1 s t , 6 g . l 9 t j
81>sb.| 7 4 % J a a 84 a A ug.
M e tr o . E l e v a t e d . - 1 s t , 6 g . l 9 0 8 J A J l l s % b . 1 1 6 % J a n . 1 2 1
June
A n n A r b o r ,—1 s t , 4 » , g ------- 19®<'-‘
SOtg : 7 8 % A p r .
OO S e p t .
2 d .S s ............................... . . . . . 1 8 0 9 M A N 1 0 3 b. 1 0 2 % N o v . 1 0 7 % A p r .
A t -X . x s t F .— N ew g en . 4 * . 1996 a
61
S ep t.
73
Jan,
M e x . I n t e r n a t 'l — 1 s t, 4 , g . 1 9 4 2 51 & S
69
M a r.
A u )-i* tiU im t 4 a ----------------- 1 9 9 5 N uv. | 6 4 * 4 : 4 1 % A p r .
1 1 6 % J an. 1 2 0 % A u g .
B * « v * y < » 7 t h A V .-l8 t o o n .g .5 t > '4 S J A I> 1 2 0 %
M lo b . C e n t.— 1 s t , e o n a , 7 s . 1 9 0 2 M & N *1X 2
A p r.
116
M ay 119
F eb. t a u t . S ep t
C o n s o l., 5 s ............................. 1 9 0 2 M A N * 1 0 5
Man
1 0 5 % Ju n e 108
B r o o k l y n E le v . 1 s t, S g ------1 9 2 4 A & O * 8 0 b . 7 0
7 * b. 68
F e b . 1 8 5 % S e p t.
U n io n E le v a t e d .— e g — 1 9 3 7 |M * >
M ln n -A s t L .— ls t o o n .5 s ,g .l 9 3 4 M A N 1 0 5 %
100
J a n . 1 0 7 % O ct.
8 9 b. 7 0
M a y , 9 6 % S e p t,
92
M o. K . A E .— 1 s t 5% g . , g o . . 1 9 4 2 A & O
S e p t.
B k ly n K » p . T r a n e ., 5 g . . , . 1 9 4 5 ' A * O:
88% M ay 100
1 1 0 % ,1 0 5 % J a n . 1 1 5
A ug.
86%
8 7 % S eD t,
M. K . * T e x a s . — 1 s t , i s , g . 1 9 9 0 J & D
82
Jan.
99
9 1 % M ar. 1 0 2 % S e p t .
3 d , a s , g .........................
1990 P A A
61%
6 5 % S ep t.
54% M ay
A ug.
89%
9 8 % S ep t.
B a it- i t Sc P .—U o n . g . > 0 .1 9 3 7 M At 8 1 0 0 b . 0 5 % M ar. 1 0 2
M o . F a o .— 1 s t, e o n . , 6 g ........ 1 9 2 0 M & N
68
M ay
C anada S ou th ern .--1 8 1 ,5 8 ,1 9 0 “ J i J 1 1 0 % i o s J a n . 1 1 3 % J u n e
3 d , 7 s ............. ............
1 9 0 6 M & N 1 0 7 a. 9 8
S e p t.
M ar. 1 1 0
A ug.
J*oly
2 d , 5 * . ...................................... 1 9 1 3 M A 8 I 0 6 % b . 1 0 4 % M a r. 1 0 9
F a o . o f M o .— 1 s t, e x . , 4 g . 1 9 3 8 F A A 1 0 1 % b. IOO
A p r. 103
2 d e x t 5 s ......................... . 1 9 3 8 J i t J 1 0 7 % b. 1 0 0
A p r. 1 0 7 % N o v .
C e n t, o f O a .— l o t , g „ 5 s . . . 1 9 1 - 1’ A A I I v % b . 1 1 3 % F e b . 1 1 6 % S o v . 1
91 a. 8 6 % J a n e
91
S o o t.
Aug.
S t. L . % t r .M t .A r k . B . , 5 s . l 9 3 5 J & D 1 0 7 b 1 0 3
C o n * ., 5 s , g ......................... 1 9 1
51 * 5
A p r. 1 0 7
1 0 >%l>. 1 0 1 % G e t. 1 0 8 % M a r .
1st e * t „ g „ 4 % s . . . . . . . 1 9 1 7 F A A 1 0 7 % b. 104
C e n r r a i o f N . J . — C o n a -,7 e ,1 8 9 9 Q - J
June 107% N ov .
85%
J t o v . 1115
M ar.
90i% s e p t .
C o n e o l., 7 « ............................ 190*. M .it N 1 1 3 b . 1 1 2
67% M ay
„ Gen.
A la
~ R’yr A
' n d g r.,5
“ g .l9 3 1 A ® O
100
M ay 118
F eb.
M obile4 Ohio—N ew 6 g ...1 9 2 7 J A D 1 2 2 b. 1 1 6 % J a n e 1 2 1 N o v .
G en era; m o r t g a g e ,3 g ...l9 8 7 J & J 1 1 -%
1 0 0 % i> .; u o
A p r. 104 % F eb .
G eneral m ortgage, 4 * .. 193 s M Ac S 7 3
77% A ug.
Leh.A W. B.,ooti., 7 s.a s’il. 190*. V -M
65
A p r.
90
F e b . , N aab-C b-A SLC .—1st, 7 a „ 1913 j A J 4 3 1 b . 1*27% J a n . 1 3 3 % J u n o
“
i n o r t g a g e & s .l f t l s 0 1 & i«, 8 7 % o . 7 5 % M a y
A m , Dock A Im p ,5 s ...1 9 2 1 J At J 1 t O % " . 1 1 3 A n g . 1 1 6 % F e b .
A ug.
C onsoL , 5 g .........................1978 A * O 1 0 2
9 8 % Ju n e 103
100
J an . 101% J u n e
C e n tr a l P a e i a m - U o l o . 8 s . 1 * 9 - 4 a J 1 0 2 %
» . Y .O entral—D eb teit.4 e.1 9 0 i M A N 1 0 2 % b , 1 0 1 7 , J a n . 1 0 5 J u l y
E lto n . 6 k . ..................... ls li» ,J A J 1 0 2 % b . 9 o % J a n . 1 0 1 % J u n e
117% Jan. 121% A p r,
1st. coupon, 7 s ................. 190 |J A J 1 1 9
p e b e n .ia .e o u p ., 18 8 4 . .1 9 0 ( M A S 1 0 0 G b . 1 0 6 M a r. 1 1 2 A n g .
C h e r. & O h t O k - 8 e r .A ,6 g , . l M W A * *» 1 1 5 b . 1 1 6 % G e t. 1 2 l % j u n e
118
G e t. 1 2 2 % J u l y
N. Y. * ................
H arlem ............................|
,7«, reg,.190t>jM * N , 1 0 7 b. 1 0 7 O c t , 111 Mar.
M o r t g a g e , 6 g ...................... B l l •' a 0 1 1 9
107% Jan. I l l
S e p t.
1st o o n a o i .,5 g ................... 1 9 3 9 M ,v- IS 1 1 0 %
B .W . A O g ii.. c o n s o l s , § » . 1 9 2 1*4 * 0| 1 1 8 % b . U 7 % J a n . 1 2 1 % J u l y
79
72
M ar.
8*>% A u g .
W e s t S h o r e ,g u a r .. 4 a . . . . 2 3 6 ! J * J ; 1 1 0 %
© e n e r a i 4 % » , * ........ .......... 1 9 9 5 M At 8
105
J an . 4 1 0 % J u n e
J a m 1 0 4 % M ar.
S . Y . C h ic , A 8 t , L .™ 4 g . . . 1 9 3 7 A A O 1 0 1 %
S e p t.
B . 4 A .D T V ,, l a t c o n . , 4 g 4 » * > . I A J 10-*% b. 9 7
1 0 3 % A p r . 10 8
91
88
Jan.
91
June
A ug.
^
"
2 .ie o n ,.4 ji..l« 8 i J A J
S . Y . C a 0 k . A W . _ l , t , g « ; : i 9 2 ! U * J * 1 3 6 b, 1 3 6
M a r. 1 3 9
Jan . 120% J u n e!
O k ie . B n r l . A q . —C o n . 7 e .l* 3 o 3 ! J & ,i 1 1 7 % i>. 1 1 5
C b n s t r u c t l o u , 5 a ____ . . . 1 9 2 4 ' A A 1 1 7 b . 1 1 6
Sept 118% A u g.
i o ik b . 93
F e b . 1 0 5 % S e p t.
N.Y*. N, H . A U .— C o n . d e b . c t e
v- A O ; 139 b. 1 3 2 % F e b . 1 4 2 S e p t
D eb en tu re, 5a.....................m i M A X
H i7 % b . » « % M u r . 1 1 0 % A u g ,
O o n v m l b t o 5 » .................... m e : M a s
Aug.
N.
Y . O n t A W — K e f, 4 s , g . 1 9 9 . M9 0A% a8. 8 8 % J a n . i 9 9
9 8 ’tb . 9 3
F eb, , 0 4
S ep t.
M ay
C o n a o l., 1 s t , 5 s , g ...............1 9 3 ! 1 A D
C e o v e r D iv i s io n 4 o ..........162 411’ A A
108 % Fab. I l l
94 v
87% Jan,
8 5 % G e t.
. v . Y . a u s . i w . w t r n t . S s . g . l t n i : J a .) 1 0 5 b . 1 0 0
S ep t.
N e b r a s k a E x t e n s i o n . 4 « .1 9 2 7 ,M * X .
Jan. 4 0 7
M ar. 1 2 2 % J u ly
B t a . t a h t j o * . — c o s 4u 6 * .1 F U < M A « f 1 2 1 b . 1 1 8
8 3 b. 8 8
G e o . 5 g ............................... l o t ' jP A A .
J uue ’ 90% S op t
A p r. 115
A p r.
Chu-. * h , u i . — i s t . s . i. e » . i '" > - J 1 1 ' I 1 5 % b * 1 1 4
M id la n d o f N j . , « u , g . . m i . a a o 1 2 0 b. 1 1 6 % A p r. 121
S e p t,
7 6 % b, 6 7 % A p r .
A p r. 128 % A u g .
C o n s o l 6 g , ............................1.934 A A O 1 2 0 . * .1 2 1
S o r , A W . K y .— 1 s t, c o n s ., i g .'.n A A G
30% S e p t
G e t.
G fcfiera l e o a e u w l a t 5 « . 2 9 3 ' 1M A 5 ' 1 0 1 b . 9 8 % F e b . 1 0 3
f io .F a m t l o — 1 s t, c o u p , « g . 1921 J A .1 1 1 7 % b . 113
J a n . 4 2*2% . ho p t
J »u .
C h ic a g o A E m . — 1 s t , .5 * .. 1 9 « r . : M A X 1 l o % » . 1 0 8 % M a y (1 1 2
P r i o r U e n . r y . A l . g . 4 . g .1 9 0 5 % - J j
92% S ep t
8 5 % Jan.
Jan. jlo 5
J Hue
5 8 b. 5 1 % A p r . 1 d i b s S e p t
C h ip . G » * I... A C . - > l s t , 5 g . . l 9 . J " J A J t u b a . 0 3
G e n e r a l H en 3 g .................2 0 i 7 q - F
8 3 b. 80
J u l y , 8 3 % U rp ;.
N o. P a o ld o T e r . C o —6 g ___ 1 9 3 - J A J 1 0 i b.
C h . In .i, <s L. - l i s t . . . . •• i:> »7 j
1
10
M a r.
97% M ay
139 b . 188
J a u . 1 12
S ep t,
Owe. >!!!.& .ot. p .~ C o n . 7 ». two ■■J
O h io A M is*.— C o n . s f . , 7 s . 1 8 9 s J A J i 1 0 2 % b . 1 0 2
June
A u g . 10 0
1 1 8 b. 1 1 5 % J a u . 1 2 0 % . ( u a e
to t,g o itih e e a tu iv .. 6 * .m o 4
9
0
J
an.
O h io U o iu b t ir n — l s t , 6 g . . . l 9 ' . i U
A D
80
90
N ov.
l i-'
i ii.% .iuti. 120% ,Ct,lie!
i * t , s o . M in n , D » v . , « * m m J
G .-n e r a l m o r t g a g e . 4 g . . 1 9 2 ! M A N * 1 5
a t 8 % A p r. i 13
S ep t,
1 M .C A A P » c . W 4 d v ;*»•..-H *2. .J
U O % b. i l *
J a n . % 1 7 % J n a e ! O r e g o u lm p r . C o .— I s l 0 g . . l f l i ! l A D ll 1 0 2 U. 18 4 % J u n e 1 0 3
Sept
Jun e!
C o n s o l . , 5 g .................... . . H I P A A U f 4 0 b
g i t o * M o .E S ? .D ) V . ^ a ., 1 9 2 * J A J l l . l ’^b. U ib % J a n . 113
15 Fob. t li) S o p t
W ise . A M io n ..D X * , . g . . 4 t > 2 ; J i t J U 3 % i l l l 0 % J a u - U TS'S > ■ ,V. ! O r e .K .A N » v . C o . — u t . 6 g . l 9 i « ' J A J 1 1 2 b . 110
A p r.
Jau. 4 1 4
June
* J; l i a % 0 . , 1 1 0 % J » n . 115
T e r m i n a t e * ......................... l a i d
B K . A A’ a v . c o n s o l ., 4 g . 1 9 4 r j J A D
93%
80
J an . 1 9 3 % N ov.
m
i
'
s
9
0
J
a
u
.
1
0
1
%
’
«.v.
1
2
1
J
u ly
11
1
1
%
J
a
il.
W e e . M „ 4 * . , » e r f * * a . . . . l # g ; 4 A J*
O r e g . 8 k . U w - 1 s t , « m c . 10 2 2
J a li. I 2 0
S e p t.
M il. & N or. ~ m i.v o u ,* • 1:>1 J A D 1 2 2 G b . i 18
1st, e o n . &*, g .......................191 0
M0 J u ly j 9 3 % A u g ,
112 b 1 4 0
Jau
147
J u ly !
Ntm-.MlUiUL |it,._ a . 5 s . , . 1 9 1 '
C h ic . A X . W .—C o n s o l . , ? » , J O !,'
i t
1
81
-%
A
ug.
44
J u ly
J a n . U 2 1 % M a y ' P e n n , C o ,—4 % g , c o u p ____ t » 2 i
C o u p o n , g .n .i. 7 * ...........„ 1 9 0 1 ! J v M i 1 r % •• U 6
108% Jau. 114% N ov.
J a n . ;1 2 0
A u g , ! F e e . l le o . A H v a n s v . ~*j g .l9 * v i
S i n k i n g t a s A , 6 « . . . . ____1 9 2 A A O atl l d % b . 1 1 4
1
0
4
F
eb.
92
M ay
S t a k in g l o n g , S * . „ . _____1 9 2 6 A A o * n « ‘ab . 1 0 8 % A p r . I i J % s e p t , i
F ob.
E v a n s . D iv i s io n ,6 g . . . , , 1 9 2
91
June 100
2
7
%
J
a
n.
S i c k i n g f t u » d .d » e t c . <• 1 9 3 3 t >1 .* X ' 1 1 0 b . 1 1 0 % J a u , 4 1 7 % J u l y 1
2 d m o r t a g e , 5 g .................... u j h
I 10
M ay
Jan
11 0 % S epU
2 5 - > e * r d e t , # o « i r e , 5 « . - 1 9 0 'i t A S 1 0 7 % b l o o
A ug
P u t s 8U. A U K . , W t, 5 g . t u i o A A u
95
J a n , 109
101
Jan. lo o
J u ly
B x % a m u n s , i t .............. . . . . i t # . - K a A l o v
J
A
1
P tttsb d rg A W e ste rn — 4 g h i 17
78% G o t
08
June
M ay 4 3 6
s e p t i H e a d in g G l . - ( i s u „ g. I s . 1 l!IV J A- J
86% Sept
* » . i ~ a t . * w „ l a t , e g , i t n i . M a > l;jt < i‘ b , 4 3 !
9 0 % A p r.
M «r. 117
J u ly
m x v n , . i t I m p .. S g ........ 1 9 8 t A A *11 • t* 1 1 3
83% S ep t
K io G r . W e s t e r n — 1 s t 4 g . l 1 <;■ 4 A J
7 0 % M a r.
C f e t a .f u .A f e a ,—* .0 ,1 1 0 .w n i j * a ; 4 3 J b.! 1 2 8 % J a u . 4 4 4 J o u r Ht. J o . A G r 1 s t —2 - 3 - 4 . , H U T J A J
61
Sept
8 2 % J une
;io l% J a n .
ii*8
June
E x t e n a T o i ia n d e o i ., S » ...1 S * .G J A J 1 0 7
8 t . L . A 8 a o F r , — t ig .C l. B 1 e i - « A S
11*2 J a n . 1 1 5 % F e o .
93
Jan . 105
sep t.
3 0 - y » * r Set e o t a r e , 5 * . . . 1 9 2 : M * 8 10.‘ 4 6
G e n e r a l m o r t g a g e , 6 g . . 103 1 J A .1
4 0 8 % J an . l l t ) % J u u e
C h i i '. B l V. V . A O
,
193. J A D 1 3 4 %
G e n e r a l, 5 g ........ ..
H*3
128
Jau . 4 3 1 % N ov.
102% N ov.
I A J
94% Jau
44
4 2 % J u ly
4 7 % S e p t. |
73
Aug.
CM C. TV,r. T r a n s ., O ita, o f W e n d . . . . . .
R a il r o a d , 4 g ........................ 1991 J A J
62% Jan.
*
4
3
b,
9
8
M
a
y
u>3
A
m
.
!
7«% Sopt
8 t. L. A 80. W . - W t , 4 s , g . 1 9 6 9 M A N
C m . C o r . A w bi*M . - 5 * . „ m a 3 l A <»,
5 9 % A p r.
J u n e 135
G o t. i
31% A ug,
2 d . 4 s . g .. i n c o m e . . . . . . . . 1 9 s y J A .1
a a C . S f . - C o a a o l . 7 g . . . 1 8 1 * l A D 1 3 3 b. l a o
15
A p r.
G * b « n o , c o n s o l , H g , . . . 1W3MJ A JI 12 7 %l». l -2 3 % J a ii. i 2 7 % M a y
S U P . M . * ¥ . - D a k . E x . , 0 g . 1 9 10 M A N
148% Jan . 122 % J u ly
9 1 b. 9 0
S o p i. . 9 8 % A p r . ;
June
l s t o p o s o l . , 0 g ..................... 1J3.J J A J
a C .C M t l.- .s U .D iv ..4 « ,lU » 0 :M A 5
123
Jau. 129
P e n i s * # E M t e r u . 4 s. . . m *V, A & (J; 7 7
j 08
June
«1
Aug. i
1 0 2 % .Jan. 1 0 7 % J u n e
“
r e d a < » a t o 4 % g ,, J A J
95
A ug,
C o l. A Mth A v r . g ... ••«. g . in.* t il A h ; U 9 « t * . 1 1 5 % M ar. ISO
J u ly I
M o n ta n a e x t e n s io n ,4 g . v j.t: J & D
8 7 % Jan.
03
Aug.
C o l f i . V a i . * Tr 1 —O u o .J g .1 8 T l M ta S t 7 o %U. 0 3
F e b . I 8 8 % J a u . j B a n .A n t .A A . P ,— i * t , 4 g . , g u , ,4:i J A .1
6 4 7a J a n .
G e n e r a l,
51 b
4 9 % F eb, i 8 7
J a n . , s o . C a r. A O t a - l s t , 5 g . „ 1 9 1 » m a at
90
Sept
.1 9 0 4 J * D
8 7 % F ob.
D e n v. A B i o G r .— 1 s t , 7#,g. l u o
108
;1U8
N ov . 113% A p r,
8 0 . P a o ld o , Art x — 6 g . . , 1 9 0 9 -1 1i J A .1
90
F ob. 100 % A u g .
1 s t e o n * o l .. 4 g ................1 9 3 < > J A J
8 8 b. 8 ? % J u ly
90
June
Sopt
--»• P a o in c .C a l . - 0 5 . . . 1 9 0 5 - 1 A A O 1 0 3 b . 100
M ay 1 0 9
9 2 % A ug.
p u l « iro n k % - - w t . 5 s .m 3 7 1 0 3 % | 9 7 % J ilU e ;10.J>4 S e p t.
1 s t c o n s o l g o l d , 5 * ..........1 9 1 7 M A N
8 9 b. 8 5
F ob.
“ 4'
J' u tt*s 8 0 . P s o ld o , N. M .— 8 g ........ 1 9 1 1 J A J 1 0 8 b . 1 0 2 J a n . 1 0 7 % N o v .
g n u s o . 8 b , A A t L - i g . . . . m , ( 7 J A J 1 0 1 b . ' 9 9 % J ail. 1* 0
E ilsvSn K i. i u . ~ ,* t , r « i i .g .. !. s . ’ y J a j 1 1 3 !». 1 0 4 % J a il. 1 1 4 % J u n e
95
Sept
92
S o u t h e r n — 1 s t c o n s - g , 5 « . 1 9 u 1 J A .1
8 7 % M a r.
92% N ov.
90
1 8 8 % M ay
9 5 % F e ll.
is U T e jtn .r c o r g . tle a 4 - 5 s .l-.M - M A .0
K rle— 4 , g , p r i o r b o n d s . . . . 1 9 9 6 J & 4
M ay
9 l% b . 8 0
June
7 0 % ! 62
51 » y
7 3 % S ep t.
G e n e r a l, 3 A , g ........ . . . . . 1 9 9 1 , *
E . T . V , A G . — l s t . 7 X . . . . 1 9 0 . J A J 1 0 9 b. 1 0 7 % J a u . 1 1 1
Aug.
E r i e B y . —1 s t , c o n . , 7 g l o g o
1 4 4 a . 1 3 9 % M ar. 1 4 4 % H o t .
C o n .5 g ...................
1 9 5 . M A N 10 .1 b. 1 0 7
Jan. 1 1 2
N ov.
V » I s o e k ,o o s s o l., 6 g . l 9 3 '
M ar.
1 3 5 b .!1 3 3 % J a u . 1 3 6
G e o r g i a P m . I « t 5 - 6 s , g . , 1 9 2 J A J 1 20 li. 1 0 7 % J a u . 1 2 0
F t, W . A D e n . C it y .— 4-6 * .1 9 2 1
6 9 b. 5 3
Jan.
K b o x v. A O h io l s t d s . g . . 193 .1 A J l l l % b . 11*2 J a n . 1 1 0 % J u n e
76
b -p t.
G e l.
A n - M .A P .D 4 s t .S g
9.1
G ut.
91
j 89
M ay
R i c h . A D a o v . o o n . 0 s . g „ m i ' J A J 1 2 3 I,. 1 1 7 % J a n . 1 2 4 % J u n e
G e n ,E l e c t r i c . r t e i , . 6 « , g . . . 19*22
1 0 2 % * .I 9 o % J a n . 4 0 2 % N o e .
W e o t ,N o ,C * r W t o o n ,6 s . g l U U J A J * 1 1 6 % a . 4 1 1 % J a n , 1 1 0 % J u n e
B o o A A T , C e n t. «< 5 B ,4 * ,g .m -2 i
SO a ! 6-5% A p r . | m
Sor.
S t a o d a r d K o p e A T .. W t.iig 10 It) F A A
79% Jan.
59 % N ov,
89% S ep t
U ll a o l s C e n t r a l.—4 s , « ......... 1 9 5 3
100 a
9 9 % J a n . 103
Jan.
June
lo r ,a . 0. l .A K y -T c n . D .la t ,6 g A A O
8 0 b. 7 0
W e s t e r n U n e s . l s t , 4*. g . l •.<.'>i
102 b. 10 0 % F en . 4 0 5 % M ay
91
Sept
B lr m ln g ita tn D I v ., Q g . . . l . - . u ; J A J
A p r.
8 5 b. 7 0
I n C A G r e a t S o r . — l e t , 6 « , g 1 9 19
117 b. 117
M ay 124
96% S ep t
8 5 % Jam
rw-pt. T e n t s A P a otd O — 1 s t , 5 g ..2 0 0 0 J A U
96
33% A ug.
8 0 b. 7 3
Jan.
28
18
A p r.
2 d , ln o o m a , 5 g ___ _ .. . . '2 0 0 0 M a r c h
F eb.
99% r os
A p r . 1 0 0 %,Vi>v.
t o w * C e n t r a l,— W t , 5 g — 1 9 3 8
M ar. 1 0 8
T o i e - i o A O u i o O u a t . 5 g . . H M . J A J 1 0 1 % b. 1 0 2
K a b .C ,!* A G , - l s t A u o i .g 5 s ' 2 j
7 9 % ' 7 7 % G e t.
8 2 % S e p t. T 0 I . 8 L L . A K a i i . a —0 g . , . 1 9 l ! i J 3s U
93 b. 0 6 % M a y t i H S e p t
F eb.
K i n g s C o . K ie v .— S « t ,3 g . 1 0 2 ;,
U n io n P a o ln o —*5g......... „ . . 1 J3 - .1 * J 1 0 2 b. » U 1 % S e p t. 1 0 5
1 5 7 a-: 4 4
F eb,
6 0 % O ct.
Jau . 1121 S e p t
to w le d e Gm ,— U f , 5 « , g . . . 1 91 9
101
| 8 3 % Jan. 103% A ug.
E x t S in k in g f u n d . 3------ . 1 8 9 9 M A
!H 0 % b . 36
..
Aug.
O o ll a t o n a t r u s t , 4 % ..........1 9 1 8 M A N
June
U >S % b. 1 1 3 % J a m 1 1 8
147% G o t 15 3
C a k e E r ie * W e s t , - 5 g . . . . l 9 3 7 _______
103
J u ly
C o n s t , tr. 0 * . «. n o t e s . . . 1 9 0 1 F A A I 41%b. : 4 0 % o e t
b .'1 0 J % A u g 1 1 4
June
I s S h o r e .- C o n . e p . , l » t , 7 « 1 S W * J A J I I I
K * n . P * o . ~ D « o . O i v . , 6 g . 189 1 M A S n <
O 0 B * o l.a o a p .,2 il, 7s------- 1 9 0 2 .1 A- D, 1 2 0 % b . 1 1 0 J a n . 1 2 4 % M ar.
0. 1 1 3 % J a u . 1 2 0 % O o t
1 s t c o n s o l ., 0 g _________ 11119 M A N t 8 8 % b, 1 6 7
J a n , 1103 S e p t
W o ld , 3 % » .................
1 0 9 7 U & u J 0 3 % a . 1 0 2 % S ( .p t 1 0 5 % S i r .
6 3 7e S e p t
A p r. H i
A ug.
33
A p r.
0 . P . D en . A G u l f , c o n ,, 5 g. 19 3 1 J A D I 4 8 %
p e h .V » t .T * T .-W t ,
' a . m i A A O 1 0 9 4 b . UNI
M a y 1 1 6 % O o t.
J u ly
O . 8 , D e a t b e r —6 F .d « o .0 g .H U 3 M A N 1 1 1 a . 1 1 0
l e l . A v . A l ' a v . r . g n . 5 s .< 1 9 9 3 M A 8! 1 1 9 % b . 1 1 5 % M ar. 1 2 0
Jan. 104 % S e p t
Jan . 119
M ay
V ir g in ia Mi i . —H e.n.M ., 5 A 1 i)3il M A N l o t Ub. 1 0 0
ong
W i o o a . , 5 « . l a 3 l q — J j 1 1 7 a. 1 1 3
1 0 1 % June 108% O o t
W a b a s h — 1 s t . 5 g . . „ ___
h m -.i M A N 1 0 5 %
9 2 !>. 7 6 % J a u . , i l l
sept
G e n e r a l m o r tg a g e .4 g . . . m a g J A D
81 S e p t
N ,.v , 1 0 6 % M ar.
7 8 b. 6 3 % A p r .
1039 F A A
t o a t a * E a s 'd .—
l g p g 'A * O l o l % b . 1 0 1
K . O . A M o b i l e , 1 s t , 8 g , , . Itv s o .1 A .1 1 2 1 b l l «
J*u - 123
June
.
_______ 1 9 3 7 J A J 1 0 -i l>. 1 0 4 % J a n . 1 0 9 % J u n «
50
F eb.
4 5 % b .j 4 3
M ay
A ug.
G e n . 2 -3 -4 % * 0 l d , . „ . . „ l » 4 3 A A
“
**
2 d , H *. 1 9 3 0 J A J 1 0 7 b . 9 4 % J a n . 1 0 7
1 0 9 % 1 10 0% J a a . 4 0 0 % N oV .
1 1 8 h 1 1 5 % J a a . 11 > G ut.
g e n « r » l , 0 « . . . . ........... . . . . 1 9 3 0 1 A D
W e e i .U u . T e l .- C i o l . t r . 5 S . . 1 9 3 3 J A
4
4
0
M ar,
i
|
V
.
,
7
6
%
J
a
u
.
5
%
S
e
p
t
.
3
1
it
2
8
M
a
y
W
ise
.
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5
s
.
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1
9
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I
O n n » » a . 4 « . . . . . . . . . . . . . . . i p s o j a J j _____________ _________ __________________________ __
___ ________________________
q —F

MAS
q -J :
&o

11

100

91%

MA Hi
A 40

a<1,4%-5*.................... mo»

86% 9 'pt.

S

S o r * , —*•«•• i , ,

a i .» . p r i c e hid,-

p r i c e asK etl; t h e r a n g e Is m a d e n p f r o m s a le s ,

‘ l a t e s t p r ic e th is w e e k ,

t T r u s t r e o e l y tv,

J 6 2 % % p r ln . p d .

NEW YORK STOCK EXCHANGE PRICF.N—(C«»tlBne«),—IN A C T IV E BONDS—NOV. 19.
B « I S U K tT lln » .

BM

48k. j

BallrodiJ Rond*,
(Mine* U seA ang* p r ic e s ,)
A l » b « m » M*. i . - l s t . g , g u a r . . 1 9 2 8
A 'M * . H .psft , 4 H , r v . a n _
E q u ip , t r u s t , a e r , A . 5 * , g . 4 99*.
V i-i -.e o A to, t b>»,— l e t . ott. 1 9 4 5
5Si*>n. % s G b *
I »> - , 5 s . 4 6 5 0
A l l a n A * * . . W r ! n i — I m n ,g .5 «. 1 ft.T i'

mm.
B »tta St O h i o - 1#% 8ft, P a rk B.391 a
hn, sct*M-------------1928
Oonft. mot%>> v,ohl, 5*___

‘Z \ Z

107%
75

Auk78

BISCriKITIES.
! BranewJtiJr A W ’ n — l e t , g . ,4 e - 1 9 3 9
: Bn f t R .A P it t a .— R & P .ls t .8 B .1 9 S 1
R o e ii. « P i t t s ,—O o n » ,l a t ,8 s 4 9 2 2

W Vs. A P l t l s .- W t .g ., 5«..190O
ta sa r .A Mali.—l* t,* u ..g ,58.1943
iIBUfl. & H iiaqu eb .— 1 s t , S » , g - . 1 9 1 3
B, A O. 6. W ..ls t, g .,4 % 8 ...1 9 9 0 98
Mfinmi. R iver, W t,g.. g. 5 9 .4 9 1 ■
Knri.Oed.Bap. * So.- l e t 5». 1906
C tinnol. * a olla t,. t r u s t , 5 8 . 4 9 3 4
' vnlHOhiO K«o .- l a t ,4 % « 4 9 3
"9 7 -'
Ah.A-i S J n b C .—1
49 n
: : : : : : 1 M inn. A St. D.—l e t , 7a, g u . 4 9 27
nrooltlyn E le v a'ed —2d. 5 8 .., 19;.’
<%d. tla p . I. F , A N „ 1 s t, 6 8 .1 9 2 0
* R.ll — ta* v.8*,gij4 *>7
1st a . ................ .............
.4 9 2 1
*75** 1

Bid,

A sk

126%

122%
108%
108
106
*103

107%
105

THE CHRONICLE

966

(VOL. LXV.

NEW YORK STOCK EX C H A N G E P R IC E S .—/iV4CT/V.£? B O N D S — f C o n t i n u e d ) — N O V . 1 0 .
B id .

SEC U RITIES,

0 .0 ilo—Ool. * 0 1 n .M .la t,4 1*B.19S9
O sat. HR. A Bank. -C o l. g.5 b. 1937
C ent. Ry. of G a . 37
1st, p ref. Income, g . , 5s ....1 9 4 5
2d, p ref. Income, e., 5s .....1 9 4 5 *13
*7*2
3d, pref. inoom e.g., 6 s .........1945
Mao. * Nor. Dtv.. le t, g., 5 b . 1946
Mobile Div., 1st, g . , 5 b ....... 1946 *94
Os it. of N. J . —Conv. deb., 68.1908
.O eat. Pacltto—
blxt. g . 5 b, series A B C D ..1 8 98 102*4
Iold 5 b, series E ....................1898 102
Saa Jo aq n ln B r., 6 s ...............1900 101
Mort, gold 5 b. . ........ . . . . . . . . . 1 9 3 9
L and g ran t. 5 b, g...............1 9 0 0 io o "
OaL A O . D lv., e x t., g. 5 s . . .1918
West. Paoiflo—B onds, 6 s— 1899 102*2
Mo. R ailw ay (Ga'.)—1 st, 6a. 1907
50-year 5 s........................... 1938 91
Cent. W ashington—1st, g., 6S.1938 26
O aas. A 8 av .—1 st, g., 7 s ......... 1936
<0 ies. A O.—P ar. M. fu n d , 68.1898 103
Oialg Valley—l s t , g., 5 b. . . . 1940
Warm 8pr. v a l., 1 st, g. 5 a ..1941
Ella. L.A Big Sandy—G. 58.1902
hes. O. A 8o. W est.—1 st 6 b, g.1911
*1, 6 s............................
1911
Chicago & A lton—8. F ., 6 b— 1903 111*2
L u lls. A Mo. R iver—1 st,78.1900 *109*2
Sd, 7 s .....................................1900 *104*2
S t L. Ja ck s. & Chic.—2d, 78.1898
Mlss.R. B ridge—1st, a. f., 6 s.l9 1 2 lo'oifl
Ohio B nrl. & Nor.—l a t , 5 B . . . . 1926 106
Ohio. B urling. A Q.—5s, b. f.,1 9 0 1 103%
Iowa D lv.—Sink, fu n d , 5 s . .1919 ‘ 109*2
S ta lin g fu n d , 4 b.......... .. 1919 100%
P lata, 48................................... 1921 93
Cnloago & Iow a Dlv.—5 s ...1905
Ohio. A In d ia n a Coal—1 st 58.1936 *100
Ohl. MU. A St. P .—1 st,8 b,P .D .1898 103
2d, 7 3-108, P . D ....................1898
1st, 7s, $ g., R. D ....................1902 139*
l s t , l . A D .,7 s ....................... 1899 139
1 st ,C. A M„ 78....................... 1903 139
1st, I. A D. E x te n s io n ,7 s ... 1908 *139ia
1st, L a C. & D av., 5 s .. ......1 9 1 9 ♦113
1 s t H .& D .,7 a ......................1910
1st, H. & D .,5 s ......................1910 109*e
Chicago & Paoiflo D lv., 6 a ..1910 1 1 9 ^
M ineral P o in t Dlv. 5 s...........1910 107
0 & L. Sup. D lv., 5 s............ 1921 114
* »rgo & South., 6s, A bbu. . . 1924 115
Ino. oonv. sink, fu n d , f ts .... 1916 106
u ak o ta & G t. South., 5 s___1916 112
MILA Nor. m ain line—6 s ... 1910 1215s
0 ilo.ANorw.—30-yeardeb.5s.1921 *114
B ioanaba A L. S. 1st, 6 s ....1 9 0 1
D esM . A M inn.—1st, 7 b___1907
1 >wa M idland—1st, 8 s......... 1900
Ohio. & M ilwaukee—1st, 7 b. 1898
Win. & St. P .—2d, 7 b............. 1907 *122*2
MU. A M ad.—1st. 6 s............ 1905
O t t O. F . & St. P .—1 st, 5a. 1909 1 0 8
N orthern 111.—1st, 5 s .......1 9 1 0 110
MU. L. 8. AW.—C o n .deb.,5s.l907
Mloh. D lv., 1st, 6 b.............. 1924 132%
A shland D ivision—1 st, 6s 1925 132
Ob.R.I.AP—D .M .A F .D .lst 4S.1905 *85
1st, 2>*s................................ 1905 65
E xtension, 4 s ..................... 1905
K eokuk A D es M.—1 s t,5 s ..1923 103
Ohio. B t.P .& M inn.—1 st, 6 s.. 1918 129
St. P a u l & 8. 0 .—1st, 6 b....... 1919 129
Ohio. & W. In d .—1 st, B. I., 68.1919 *105
Gen. g „ 6 s ................................ 1932 119
Ohio. & w est. Mloh.—5 b.........1921
Ota H am . & D.—Con. s.f ., 7S.1905
I d , gold. 4.1,8...........................1937
Ota. D. <£ I r ’n—lB t, gu. 5s, g. 1941 110*6
C ity <k Sub. (Balt.)—1st, g., 5 s.1922
Olev.Ak. A Col.—Eq. A 2d 68.1930
Olev.&Can.—T r.o tfs.fo rlst5 s.1 9 17 *60
C.C. O. A St. L .—Gen., g. 4 a ..1993
Cairo division, 4 b.................. 1939
Snrtag.&Col.Dlv.—ls t,g . 4s. 1940
W hlteW .Val.Dlv—1st,g. 4s. 1940
88i*
Oln.Wab.AM.Div.—Ist,g .4 s.l9 9 1
*ta. I. St. L. A O.—1st,g.,48.1936 100*4
Consol , 6 b...............
1920 *1171*
0in.8an. AC1.—C o n .lst,g .5 s, 1928 110
In d ian a B. A W.—1 st pf.7a.1900 106*3
Ohio Ind.AW .—ls tp r e f . 5 b. . 1938
0 . Col. Cin. A Ind.—1 st, 7 s ,s .f .l8 9 9
Consol, sink, fu n d , 7 s ............1 9 1 4
Ota.&Spr.—lst,O .O .C .& I.7 s.l9 0 1
a ie v e . L orain & W b.—1 st, 5 8 .1 9 3 3
O leve <kMah. V .—G old. 5 s . ..1 9 3 8
001. Mid. 1 st, g ., 6 s. a s s td ___1 9 3 6
Tr. o tfs ., oo n .,4 s,2 d a ss’tp d .1 9 4 0
D el. Lack. * W.—
Mort. 7 s ...................................... 1907
8yr». B in g. A N. Y .—1 st, 7 s .l9 0 6
Morris A E s se x —1 st, 7 s ___1 9 1 4
B onds, 7 s ................................ 1 9 0 0
T s o f 1 8 7 1 .............................. 1901
1 st, oon., guar., 7 s ............. 1915

A sk.

103

104*3
97
101

102
1 0 3 ie

141
132

117

112
70
80
90

103*2 104*2
102’*
61*2
'2 0

22

*1 2 4 * i 11 22 77ts
1,
109
111
143*2 ........
W arren—2d, 7 a ......................1900 108
D A 1i .Can.—Pa. Dlv. .ooup.78.1917 1455s
125
A lbany A Susq —lB t,g u .,7 s.l9 0 6

ls t.o o n s ., g u ar., 6 s...........1906
B er«. A Sar. l e t 3oup., 7 b,1921 143
Denv, T ram w ay—Cone. 6 b, g .1910
M etropol. Ry —l s t g u . g .6 s ,1 9 ll
Denv. A R. G . - I n p g .,5 b. . . 1928 82
Dst.M . A M.—L. g. «B,ser.A,1911 15
Dst. A Maok.—1 s t lien, 4 s ,g ..1995 *80
4 b, g o l d . . . . . . .......................... 1995 ‘50

Brie—

1st, ex t. K. 4
_____ . ..1___
947
2d, ex ten led, 5 b .................... 1919
8d, ex ten d ed , 4 i ,s ..................1923
4 th , ex ten d ed , 5 b.................... 19 2 0
*tb.

17*3
60

1 1 0 112
119
112*3
119 122
1Oi)Q 105*3

SE C U R IT IE S.

Hid.

Ask.

E r ie —(O o n .)—
1 39
l i t , co n ., g., P d , 7 b . . . . . .. . . 1 9 2 0 * —
B. N. V. A E.—1 st, 7 b . .........1 9 1 6 *135
Bud. A S . W.—Mortg. 6 s . . ..1 9 0 8 *105
feftetson —1 st, gu. g 5 b -----1 9 0 9 *110 110**
Coal A n n , - 6 8 .......
1922
n o o k A G u p t- ls t 6a. om -tay-lO lS 110* 118
105*3
N .Y . A G rtaw’d L .—G m g .5 s.1 9 4 6
iv a n s . A T .H .—1st, co n s., 68.1921 I I 2 ”
70*8
’ Bt. g en era l, g ., 5 s .................. 1942
541. V ernon 1 st 6 b ......................1923
Snl, Co. Br. 1 st, g ., 5 b............1930
EvanB. & In d ia n .—1 st, o o n s ..l9 2 6
111
F lin t A P . M ara.—M ort., 6 b. . .1 9 2 0
86*3
lB t, con . gold , 5 s . . . . . ...........1 9 3 9
76*3
P t. H uron D iv .—1 st, 5 s -----1939
1
04
Kla. Con A P e n .—1 st g. 5 b— 1 9 1 8
1st, 1. g .. e x t. g., 5 a------- . . . . 1 9 3 0
l e t con. g., 5 s _____. . . ------ .1 9 4 3
59
Ft. W. A Rio Gr.—le t , g., 3-4S .1928
Gal. Har. A San A n t.—1 st, 6 b . 1910 *104
105*e
2d m ort., 7 e ................... — 1905
Ga. & A la., 1st, pref., g. 5 s . . .1 9 4 5
Ga. Car. A N or.—1 st, gu . 5 s , g.1 9 2 9
H onsatonlo—Cons, g o ld o s ___1937 123
N. H a v en A D erb y , C on s.5 b..1918 112
H ons. A T e x , C.—W aooAN 78.1903 125
1 st g ., 5 s (int. g t d ) . . . ............1937 1 1 0 1*
Cons. g. 6 s (int. g t d ) . . . .........1912 1 04
m m o le Central—1 st, g ., 4 s . ..1 9 5 1 113
99
1 st, gold, P Ajs........................... 1951
Gold 4 e ........................................ 1952 102*3
99?e
2 -1 0 g., 4 e .................................1 9 0 4
Cairo Bridge—4 s ......................1950
S p r in g ! D iv.—Coup., 6 s ___ 1898
M iddle D iv .—R eg ., 5 s ........... 1921 fl l 2
O. St. L. A N . O —
Gold, 5 s, c o u p o n ____ ____ 1951 *122
Memp. D iv ., l e t g . 4 s ........ 1951
Ind. Deo. & W.—1 st, g ., 5 s . . . .1 9 3 5 102*4 105
90
85
Ind. Ills. & I o w a —1 st, g, 4 a.. 1939
1 st, e x t., g. 58. ........................1943
43*3 4 4
in t. A G. N’n .—3d, 4 s , g ...........1921
3 »*4
Kings C o .-F .E l.,lst,5 ,g .,g n .A .1 9 2 9
99*3 102
Lake E rie A W est.—2d g ., 5 8 .1 9 4 1
98*s 100
N orth’n Ohio—1 st, gu. g. 58.1945
L. 8. A M .S o u .-B .A E .- N e w 7 s .’98 102*4
D et. M. A T.—la t , 7 s .............. 1908
Lake Shore—D iv . b on d s. 7 8 .1 8 9 9 104*s
Cin.A 8.—lst,g u .L .S .A M .S .7 s.’0 1 107
K al. A ll. A G. R .—1 st gu. 58.1938 *120*4
M ahon’g Coal R R .—1 st, 5 s .1 9 3 4 ‘ 120*3
L ehigh V. ,N. Y.—1 s t g u .g .4 i,s .l9 4 0 10258 103
86*4
L ehigh V y Coal—1 st 5 s ,g n .g .l9 3 3
90
90*4
L ehigh A N.Y.—1st, gn. g. 48.1945
E lm ir a C .A N .,ls t.g .ls tp f.6 s.l9 1 4
Guar., gold, 5 s ...................... 1914
L ltohf. Car.A W est.—1 st 6 b. g .1 9 1 6
L ittle Rook A M.—1 st, 5 s g . . l 9 3 7
L ong Isla n d —
1st, 7 b .......................................... 1898 10158 102
90
85
F erry, 1 st, g., 4 1 ,6 .................. 1922
Gold 4 s ........................................ 1932
N . Y. A R ’w a y B .—la t ,g . 5 s . 1927
2d m ortg., in o ....................... 1927
N.Y.B.& M .B.—1 st oon. 5 s ,g .l9 3 5
106*4
Brookl’nA M ontauk—1 st,6 b. 1911
1 st, 5 b ...................................... 1911
No. Shore Br.—ls t o o n .5 s ,g .l9 3 2
32
38
Lonis. Evans. A 8t. L .—C on .5 s.1 9 3 9
L ouis. A N a sh .—CeoU. Br. 7 s . . 1907 1053* 110
E , H . A N ash.—lB t 6 s , g . . . . l 9 1 9 113*fi
Pensaooca D iv isio n , 6 s ..........1920 102*2
St. L ouis D iv isio n , la t , 6 s ... 1921
2d, 3 s ........................................ 1980
N ashv. A D ecatur—1 st, 7 s . .1 9 0 0 107
«. f.,6B.—8. A N. A la ............... 1910
50-y ea r 5a, g .,........................... 1 9 3 7 *97
Pena. A A t .- 1 st, 6 s, g o ld .. . 1921 102
101
C ollat. tru st, 5 b, g .................. 1931
L.AN . A M.AM.—la t .g .,41881945
N ash.Flor.A S.—1 st, g u ., 5 s . 1937 *88
8 0 .A No. A la., oon. gu. g., 58.1936 *92
K en tuok y Central—4 s , g . . . 1987 *88
88%
L. A N .—Lou. C. A L.—g. 41, 6.1 9 3 1 102
L ou.A Jell.B dge Co.—G u .g ,4 s .l9 4 5
L o u isv ille R y—1 st, oo n .,g.,58.1930
M em phis A Chari.—6 s, g o ld ..1 9 2 4 *28
M etr. S treet—G em co l.tr.g.5s. 1 9 9 7 111 111*3
MexJoan Cent. Consol.—4 b, g .1 9 1 1
1 st, oons. inoom e 3 s, g..........1 9 3 9
2d oons. in com e 3 s, g .......... 1 9 3 9
M exican N ational—l e t ,g ., 6 b . 1927
2 d ,inoom e, 6 s, “ A” ................ 1917
2 d , inoom e, 6 b, “ B ” _______ 1 9 1 7
M ichigan Central—6 a ...............1909 116*s
C oupon, 5 s .....................
.1 9 3 1 120 121
M ortgage 4 8 ............................... 1 94 0 107
B atX .A StrgiB .—I8 t,3 s ,g .g u .l9 8 9
M inn. A St. L.—1 st, g. 7 s .......... 1927 141 149*
Io w a E x te n sio n , 1 s t,7 8 ........ 1909 118
S o u th w est E x t.—1 st, 7 b........1 9 1 0 124
Paoiflo E x t. 1 st, 6 b ...............1921 119
M o .K .A T ex .—le t , e x t., 5a, g .1 9 4 4
83
M o.K.AT.of T e x .ls t,g u .5 s .g .l9 4 2
79*2 80
K a n sa s C ity A P . , l s t , 4 s , g . . l 9 9 0 *66
74
D a l. A W aoo—1 st, 5 s, g u ..,.1 9 4 0 * _ . . . 81>s
*
____
72
M issouri P aoiflo—T rust 5 s . . . 1 9 1 7
1 s t co ll,, 5 s, g ___ . . . . . . . . . . . 1 9 2 0
60
70
M obile A Ohio—1 st e x t., 6 s " ! l9 2 7 114
St, L. A Cairo—4 s, g u ar........ 1931
83
___
M organ’s La. A T.—1 st, 6 s .. . .1 9 2 0 *112
1 st, 7 s . . . . .................................... ..
♦129
N ash. Chat. A 8t. L .—2d , 6 s 1901
.........
N. O. A. N o. E .- P r . 1„ g „ 6 s .. 1915
N . Y. C entral.—
D eb. g. 4 s ...................................1 90 5 104*3
N . J . Juno—u u ar. 1st, 4 s ...1 9 8 b 104
B eeoh Creek—1 s t ,gold , 4 s . .1 9 3 6
108*3
O sw . A R om e—2 d ,'5 s ,g .,g u .l9 1 5
U tic a A Bl. R i v . - i s , K , g u .l9 2 2 107
K Y N V l f r W l8 i ' ?*’ 4a’ § U-1993
5* Z '
£ H ~ l 8 t - rea‘- 4 8 .1 9 0 3
N. v *
W , .8-. Rq T027 *H8*<» 123

[ 0 Prlc®F rWay ; these are th e la te s t qu o tatio n s m ade th is week.

6E C D R IT IE 8.
N , Y . Susq. W est.—2d , 4 * # s.l9 3 7
83
T erm in al, 1st, e. 5 a ..............1 9 4 3 107
Wilk.<fe E a st.—le t,g td .,g .5 s . 19 4 2
95
93
N orth ern P a cific—
St.P au l A N . P .—G en., 6 s . .1 9 2 ?
130
N orfolk & S ou th ’n—1 st, 58.sr.194
104*d
N o r fo lk * W est.—G en eral, 6 s .1933 120
N ew R iv er 1 st 6 s . ..................1 9 3 / 108
106
Im p . & E x t., 6 s .........................19?
Col. Conn.&Ter.. l s t . s u . g.5 s. 1922 103
82*«
S cioto V .& N .E .—1 st,gu .g. 48.1989
Ohio A M iss.—Consol. 7 s ........ 1898 102%
2d co n so l. 7 s ........................... 1913
lo’il a
Spring.D iV .—1 st 7 s ................. 1905 101
G eneral 5 s ............... ......... .........193
Ohio R iver R R .—3 st, 5 s ........... 193* 105*4
G en , g . , 5 s ...............
193*
81
O m aha A 8 t. L ouis.—1 st, 4 s .. 1937
79'
O regon A C alifor.—1st, 5 s, g .1 9 2 '
O regon Short L ine—
119
n ta b A N orth .—l e t , 7 e ....... 190?
G old. 5 s . . . . ....................... 192^
10 0
N on-cum . ino. B . and col. t r u s t ..
37
P enn-P .C .C . A8t.L.Cn.g.4*flSA 3 <>4
Do
do
S eries B 1942 110
101
Do
do
S eries C 1942
Do
do
S eries D , 4 s, 1945
P .C .A B .L .-l8 t,0 .,7 8 ..................19<
P itts. F t. W. A C.—l e t , 7 s ... 191- 138
2d , 7s ....................................... 191? 137
3d , 7 s ......................................... 191? 132
Ch.St.L. A P .—1 s t,c o n .5 s ,g ... 193? 117*2
C lev. A P .—C ons., s. fd .. 7 s .l 9 0 ( U 9
Gen. 4*38, g ., “ A” ...............1 9 4 f
Do
do
S eries B 1942
100*«
St. L .V .A T . H .—l a t , 6 8 ., 7 e . 189
2d, gu ar., 7 s ........................... 1 89
100*2
Gd.R. A I .E x t.—1 st, 4*ss, G.g. 1943
A lleg .V a l.—G en., gu., 4 s, g .1 9 4 2
N . A C in .B d g., gen .g u .4 * 3 8 .g .l9 4 5
P en n .R R .—1 st real. est. g. 4 s .l9 2 3
C le.A Mar’ta —l8 t,g u .g .4 * 3 9 .1935
D. R iv.R R . A B d g—ls t,g u .g .4 s ^ 3 6
P eoria A P ek . U n ion —1 st, 6 s .1921 1 20
86
2d m o rtg ., 4*38.........
1921
83
P itts. C leve. A Tol.—1 st, 6 s ... 192?
P itts. A L. E r — 2d g. 5 s , “ A ” . 1928
P itts. Mo. K. A Y . - l s t 6 s ........1932
P itts. P a in sv . A F .—1 st, 5 s . . . 1 9 1 6
P itts. S h en . A L .E .—lstc o n .5 8 .1 9 4 3
P itts. A W est.—M. 5 s , g .1 891-1941
P itts.Y ’g s t’n A A .—1 s t, 5s,oon. 1927
R io G rande So.—1 st, g ., 3-4 8 .1 9 4 0
St. L. A . A T. H .—T erm . 5 s .. 1914 105*2
B e lie v . A Car.—l e t , 6 s ...........1923 115
C h i.S t.L .A P a d —1 st,g d .g .5 8 1917
90
Bt. L ou is So.—1 st, g o . g. 4 s .l9 3 1
do
2 d in c o m e ,5 8 .1931
90
Car. A B h a w t.—1 st g. 4 s . . . . 1932
Bt. L. A S. F .—2d 6 s ,g ., c l. A . 1906 113*2
2d, 6 s, g., c la ss C ................ ..1 9 0 6 113*2 1 1 4 1 ,
....
1 st, tru st, gold 5 s ................. 1987 *88
F t. 8. A Y . B . B g . - l s t , 6 s . . . 1910 105 112
K an sas M idland—1 st, g .,4 s. 1937
St. P a u l C ity R y, c o n . 5a, g . .. 1937
G old 5 s, gu ar ........................ ..1 9 3 7
Bt. P a u l A D u lu th —1 st, 5 s ___1933 115
2d m ortgage 5 s..........................1917 104*2 106
Bt. P a u l M inn A M .—2d M, 68.1909 119®s 120*2
M inneap. U n ion —1 s t 6 s . . . 1922
M ont. Cen.—1st, g u a r ., 6 s . . 1937 120
1 s t gu ar. g. 5 s ........................1937 105
E a st. M inn., l a t d iv . 1 s t 5 8 .1 9 0 8 107*2
W’*irar A S io u x F .—1 st, g ,5 s .l9 3 8 109*2
San F ran. A N . P .—1 st, g., 5s. 1919
Sav.Fl.A W eat. —1 st, oon. g .6 s .l9 3 4
Seaboard A R oan ok e—1 st, 5 s . 1926
35
S ea t.L .S .A E a 8 t.,lst6 s,a 8 8 t.p d l9 3 L
S ou th ern —A la. C ent., 1 st 6 8 .1 9 1 8
A tl. A Char.—In co m e, 6 s . . . 1900
Colum . A G reen.—1 st, 5 - 6 s .l9 1 6
E . T enn .V . A G a .- D iv is .5 s 1930 11 4
R ich .A D an .—E q , 8. f. g. 5 8 .1 9 0 9
1 00
D eb en . 5 s, s t a m p e d .......... 1927
V ir’a M id.—S erial se r.A , 6 s . 1906
S eries B , 6 s . . . . ...................... 1911
S eries C, 6 s . . . ........................ 1916
S eries D , 4 -5s ........................ 1921
S eries E , 5 a ........................ 1 9 2 6
S eries F , 5 s ..............................1931
G en ., 5 s, gu ar., stam p ed .1 9 3 6 102%
W ash. O. AW.—1 st o ur.gu.4s. 1924
S u nbury A L e w is.—1 st, g .,4 s .l 9 3 6
Ter. A s’n o f St. L .—1 s t, 4*38.1939
1 st, con . g. 5 a .................1 894-1944
8 t.L .M er.B r.T er in .,g .5 s,g u ..l9 3 0
T e x a s A N ew O rleans—ls t ,7 s . 1905
SaDine D iv isio n , 1 st, 6 s ........ 1912
Consul. 58, g ............ ...........
1943
T e x . A P a c., E. D .—1 st, g. 6s. 1905
T hird A v en u e (N .Y ).—1 st 5 s, 1937
76
T .A O .C.—K a n .A M ., M ort. 4 s .l9 9 0
T o l.P e o . A W est.—1 st, g., 4 s . 1 9 1 7
U lste r A D e l.—1 st, c o n .,6 .,5 s . 1928
U nion P acific— 1st* 6s .............. 1896
1st, 6 s . . . ...................................... 1897
103*4
1 st, 6 s . . , ..................................... 1899
C ollateral T rust, 6 e ................ 1908
C ollateral Trust, 5 s ..............1 9 0 7
X an saa Paoiflo—1 st 6 s , g . . . l 8 9 5
1 st, 6 s , g ............................... _ 1 8 9 6
O. B r. U P . - F . c . , 7 s ............ 1895
. A tcb . Col. & P a c .—1 st, 6 s ... 1905
U . P . L in. A Col.—1 s t ,g., 5s. 1918
W abash—D eb en tu re, Ser. A . .193?*,
D e b en tu re, S eries B ...............1939,
D et. A Cbio. E x t. 1 st, 5 s, g 1940;
3t. L.K.C. A N .—8 t.C .B d g e 6 s .l9 0 8 1
W est N .Y .A P a.—In com e 5 s . . 1 9 4 3 *
W est. Va. O. A P i t t s —1 st, 6 s . 1911
W h eel.A L .E .—la t . 5 s , g o ld .. . 1 9 2 6
W h eelin g D iv ., 1 st, 5 s, g . . . 1928
E x ten sio n A Im p , g., 5 s ____ 19?0
WIs. C en t, in o o m e 5 s .
1 997

iio*e

THfc, CHRONICLE.

N ovember 20, 1897,]

B o ADS.

l i x m ’s t m n u
H a ilr o a d

E A R N IN G S.

T h e fo llo w in g ta b le s h o w s th e g r o s s e a r n in g s o f e v e r y
•STEAM r a i l r o a d f r o m w h i c h r e g u l a r w e e k l y o r m o n t h l y r e t u r n s
o a u h e o b ta in e d .
T h e fir s t t w o c o l u m n s o f f i g u r e s g i v e t h e
g r o s s e a r n in g s f o r t h e la te s t w e e k o r m o n t h , a n d t h e la s t t w o
o o lu o in s th e e a r n in g s fo r th e p e r io d fr o m J a n u a r y 1 t o a n d
I n c lu d in g s u c h la te s t w e e k o r m o n th .

T h e r e tu r n * o f th e s tr e e t r a ilw a y s a r e b r o u g h t to g e th e r s e p a - tie., y o n a s u b s e q u e n t p a g e .
L a te s t G ro ss B a n t in g s .

I J o n . 1 to L a te s t D ate

Roaus

W te k o r We
!

1897.

1896.

S
S
1 7 ,0 1 0
3 9 ,S o 3
0 5 .9 5 8

S
f
2 0 ,8 9 ’>
3 3 ,0 7 1 :
6 2 ,6 2 5

1897.

1898.

8
I s
1 5 2 ,8 9 0 1 4 9 .6 3 9
J ,3 tW ,2 7 .V 1 , 2 8 3 ,9 2 9
5 0 3 ,8 8 8
4 5 s , 531

A d i r o n d a c k ........ S e p t e m b 'r .!
A l a . G t , S o u t h .. 2 d w k N o v .
A la . M t -r m n d . . .
A la . K . O .T e x , A Pan. J a n .
R . o n . A » . E. O cto b e r...
1 0 7 ,3 7 9
1 3 9 ,5 4 3
1 ,0 2 6 ,1 2 1 1 ,0 6 3 0 2 2
A la .S t V tek eb . O c t o b e r ...
4 3 ,8 9 4
7 3 ,9 7 1
4 1 5 ,0 0 7
4 6 3 ,9 8 1
V l e k s .B t .A P O c t o b e r ...! l .3 o ; i
6 5 ,2 1 4
4 1 7 .5 3 3 :
4 5 1 .4 7 4
A l l e g h e n y V a l.. S c p t o iu u T .
2 3 8 ,9 4 7
1 9 1 ,1 5 3 1 ,8 2 9 ,4 3 7 1 ,7 5 9 ,8 8 9
A n n A r b o r . .........2 d w k R o v .
2 3 .1 8 3
2 1 ,3 1 7
1 .1 1 4 ,2 8 7 1 ,0 0 3 ,M l
A r k . M i d l a n d .. S e p t e m b ’ r.
1 1 ,1 1 0
8 ,7 2 6
7 1 ,8 0 3
0 5 .0 2 0
A t o h . T . A A F e . < S e p t e m b 'r . 3 , 4 2 3 , 2 1.< a , 9 U r >43 2 3 , 6 6 6 ,0 3 5 2 1 ,5 4 4 ,6 7 8
A t l a n t a A C h a r A u g u s t ..
1 3 7 ,7 1 6
1 3 3 ,1 1 7
1 ,0 8 9 ,5 9 1
9 0 ,1 6 8
A M , K n o x A* S o . 8 e p t e w b 'r .
2 7 ,9 6 9
2 1 .9 5 7
2 0 5 ,3 2 7
2 1 2 ,1 3 2
A t la n t a A W . P S -p t e n s t ,’ re
5 1 ,4 0 8
8 1 ,5 0 4
4 0 0 ,0 8 2
3 7 1 .9 8 3
A tla n . A D a n v . U t w k S o v .
1 4 ,3 2 3
u ,6 2 4
4 5 3 .2 8 9 '
4 0 0 .0 5 6
A o a t i n A N * treat S e p te m b e r .
1 7 .8 0 6
2 7 ,8 0 5
1 2 4 ,8 4 7
1 9 0 ,9 7 8
B a l t A O h io . . . O c t o b e r . . 2 ,3 8 8 ,1 «»7 2 . 3 7 2 , 7 u s 2 1 ,4 2 2 .9 1 3 2 0 ,5 7 4 .9 3 2
Bat.AO.8oa** ;24wk Kov.; 1 2 4 ,2 3 0 U S . 1 7 0 > ,5 5 8 ,8 5 7 5 ,3 3 4 ,9 1 0
2 ,9 2 8
1 8 ,6 1 0
B a t b A R a m 'n < i« S e p t e m b ’ r.
1 9 ,0 9 2
4 ,3 * 8
2 , 8 12
1 9 ,1 8 8 :
B rr. A A t la n t ic . O c to b e r .
1 9 .0 2 7
2 ,4 8 9
4 1 8 ,9 8 7
1 9 ,2 6 1
B n u t e w ’ k A W e e t S e p t e m b ’r.
5 3 ,4 0 9
4 4 8 ,5 0 8
8tU T.Ko.ih. A P itt 2,1 wit N - v .
S 3 ,61 5
7 0 ,4 4 2 2 , 9 » 3 ,8 6 o 2 .9 2 1 ,3 8 0
B u ffa lo A S u m. . - 'S e ,p t e m b ’r , ;
6 7 ,9 8 3
6 1 ,0 0 2
4 4 6 ,7 7 1 i
B n r .U R a pP.. A N
S 1
S .onw
1 0 1 ,S o l
,5 9 8 _.2 1 3 , 3 , 8 0 0 )4 74
i --ttwwkkN
_______
7 .8
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O a a a d ia B f ’ a c W e '2 d w k R o w ; 0 3 2 .0 0 *
4 " n,00!.!
2 0 ,4 3 9 ,3 1 (1 -1 7 ,7 8 9 ,0 4 2
O a r . M i d l a n d .. . O c t o b e r . ,
7 ,2 0 0
7 ,3 1 0
4 8 ,7 0 7
5 0 ,1 8 1
O e n h o l G e o r g ia 2d w k R o y .
1 3 1 .0 7 1
1 1 3 ,3 0 !) 4 , 5 1 0 .3 <4 4 ,4 8 0 ,6 7 2
C e n t r a l o f S . J . r .p t e n < b 'r . 1 ,2 0 9 ,0 4 * . 1 .1 1 6 .7 8 2 9 ,2 4 9 ,7 8 1 9 ,2 2 1 ,9 2 6
C e n tr a l P a ct tic H cp t.-m i.'r, 1 ,4 5 < .38 3 1 , 2 1 9 .0 1 1 1 0 ,1 0 8 .6 6 7 9 ,1 1 8 ,5 3 1
O h a r t e a t 'n A S e v S r p t e in b ’ r .
1 0 ,3 9 2
3 6 .7 7 4
4 6 5 ,3 9 1
4 2 3 ,9 0 4
C h a r . A W . C a r . 1 m in ____
4 3 .9 1 2
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9 1 ,7 87 : 8 3 , 9 5 3 3 ,1 6 9 ,8 2 4 ' 3 ,3 1 2 ,0 4 2
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7 8 4 ,6 2 0
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1 7 « , y o o ; 13 7 ,5 0 * . 6 ,4 0 0 .1 9 0
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3 5 7 ,2 5 0 ;
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4 3 ,1 1 2 2 ,3 9 0 ,6 5 4 2 ,2 5 6 ,4 4 5
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42,499
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59,841;
5 8 ,6 2 4 2 ,6 0 0 ,9 4 9 2 ,0 6 7 ,3 3 4
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10,517
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3,001
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4 3 7 .3 4 5 1 7 ,9 4 2 ,6 6 7 1 7 ,4 6 8 ,5 8 9
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8 ,3 3 1
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2 0 1 ,7 3 5 1 0 ,9 4 2 ,3 1 5 8 ,6 9 8 ,0 1 9
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<12,4.84
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1*11,205
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82.351
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109.912 2 1 4 ,1 6 2 1 ,6 0 2 ,4 3 1 1 ,6 2 5 ,0 2 4
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17,720
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87,3.11
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4 2 2 .4 3 6
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17.510
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06,-170
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3 0 ,0 8 1 1 ,4 8 9 ,6 6 0 1 ,4 7 6 ,8 7 0
31,111
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16.389
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3 0 5 ,1 6 1
3 3 1 .0 4 4
T o t a l s y s t e m . . 1 » t w k R *>v.
5 5 ,9 4 7
5 0 ,3 0 6 2 ,8 3 0 .3 0 3 2 ,4 7 3 ,4 8 0
P lt t Y o u iiK -.A A . O c t o b e r . .
1 6 3 ,5 8 4
1 1 7 ,5 8 3 1,230,7**0 1 ,2 1 7 .2 2 5
R i« h .F r * k * b A P . S e p t e iu h ’ r.
5 0 ,4 5 4
8 3 .2 0 1
533 056
5 3 9 ,0 3 9
2 6 ,8 2 7
R ic h . A P e t e r e b , S c p t i m b 'r ,
2 4 ,6 5 3
2 0 0 ,3 0 4
2 5 6 ,7 6 1
K lo O r . S o u t h ’ n . 2 d w k R o v .
8 ,5 2 0
3 2 2 ,5 6 0
8 ,8 6 4
3 9 5 ,0 8 4
B io G r 'd e W e s t -2dw k N o v .
0 4 .000
5 2 ,7 6 0 2 ,5 2 2 ,8 0 0 2 ,0 7 0 ,3 2 5
S t . J o s .A G r . I . . . 2 d w k N o v .
2 1 ,2 0 0
9 8 1 ,1 3 3
1 7 .0 0 0
6 0 3 .9 3 2
s i . i,. O h .A S t . P , O c t o b e r . . .
3 0 .0 0 0
2 4 3 ,6 0 3
2 8 ,3 2 8
2 4 6 ,5 7 1
S t. L .K e n 'e tA fe o . O c t o b e r . . .
5 1 ,9 4 2
8 .7 8 i
8 ,1 3 ;
8 t .L .A S a n F r a n 2 d u k N o v .
14 3 ,0 0 0 1 1 6 ,1 1 4 5 ,6 2 0 ,3 7 2 5 ,2 7 7 ,9 9 7
S t .U S o u t h w e s t 2 d w k N o v .
136,900
1 1 0 8 0 0 4 0 9 7 ,1 1 4 4 ,0 8 7 ,5 0 7
St, R a u l A D u l. O c t o b e r . .
2 10.157 2 0 0 ,8 7 1 1 ,3 0 2 ,5 5 7 1 .2 6 7 ,0 3 8
Han A lit. A A . P S e p t e m b ’ r.
2 3 2 .4 3 7
2 4 7 ,9 7 4 1 ,4 7 9 ,2 1 6 1 , 4 1 1 , 2 : 6
S a n F r a n . A R .P . O c t o b e r . . .
8 7 ,6 5 6
7 3 ,1 8 4
678 340
634 987
S .F e P r o s . A P h . A u g u a t . . . .
5 2 ,2 6 7
4 9 ,i t :
S a w ifla .A W e s t . S e p t e m b ’ r.
2 8 6 ,9 0 8 2 7 4 3 1 1 2,5*14,849 2 ,5 0 2 ,1 2 7
S e u b 'd A R ’ n k e . J u l y .............
6 5 ,2 7 1
5 9 ,0 6 4
1 0 ,0 5 3
1 6 ,8 5 0
2 4 8 ,0 - 8
2 3 3 ,4 2 1
8 h e r .8 h r e v .A 6 e . t t h w k O c t .
S iL 8 p r * . 0 , 4 0 . S e p t e m b 'r .
1 8 ,9 8 4
1 0 ,5 2 1
1 4 8 .8 4 5
1 4 4 ,6 4 6
5 ,2 8 8
S i l v e r u m ............ O c t o b e r , . .
4 ,0 0 0
2 ,3 1 2
S o .H a v e n & E a s t O c t o b e r . . .
22 843
2 .0 9 5
2 3 ,2 6 4
8 0 . P a clH c C o.
3 9 6 ,1 0 0
O a l . l l a r . A 8 .A S c p t e t u b 'r .
4 3 3 ,7 7 6 3 ,3 1 5 ,4 7 7 3 .6 0 2 ,9 5 1
5 7 .318
L o id a ’ a. W e s t . S e p t e m b 'r ,
718 317
0 0 ,9 0 7
6 3 8 ,8 6 0
4 0 8 ,0 2 0 8 ,7 6 4 ,0 9 4 3 ,4 3 2 ,7 1 2
N to rg a n ’ s L & T . S e p t e m b ’ r.
4 1 0 .0 0 6
2 4 8 .1 6 -13.71!!
3 8 ,4 2 3
H .Y '.T . A M e x . SeptCTuii’ r.
182 478
T e x . A N . O r !.. S o p t e m b 'r .
1 0 0 ,0 1 4
1 1 1 .7 9 4 1 .1 1 8 ,4 0 1
9 6 0 ,8 0 3
A t l . P r o p ’ t e t . o S e p t e m b ’ r. 1 .0 4 8 ,0 3 d 1 ,1 6 0 ,9 9 9 9 2 6 9 3 6 9 8 ,9 7 6 ,7 5 8
P a e ittc a y s t f n i 8 c..< * -m b ’ r. 3 ,4 4 0 151 2 ,8 8 8 ,4 3 7 2 4 ,0 5 * 1 1 0 1 2 3 ,2 0 7 ,1 5 3
T o t a l o f a l L / S e p t e m b ’ r. 4 ,9 1 8 9 7 0 4 ,4 7 1 .2 4 4 3 0 ,7 4 9 9 9 0 3 4 ,0 3 8 .1 2 9
8 4 1 ,0 2 !) 7 4 7 0 ,0 0 6 7 3 4 0 ,6 3 3
9 7 9 ,5 0 6
S o . P a e . o f C a l. S e p t e m b 'r .
2 3 1 ,7 2 6
H o .P a c .o f A r i ) . S e p t e m b 'r .
1 6 2 1 ,2 7 2
1 5 5 .1 1 - 1 ,8 7 5 5 9 7
S o .P a o .o f R .M . flH jd cm b 'r .
998 314
84 980
1 0 8 ,2 0 8
-2 8 ,8 9 6
1 .6 5 2 .5 0 5 1 .6 0 4 1 0 4
2 2 1 .2 0 7
233 ,9 !< 1
N o r t h e r n R y . . S e p t e m b 'r .
4 4 2 ,0 4 1 4 1 1 ,0 5 4 1 6 ,8 9 4 ,7 9 2 1 6 .0 1 9 ,2 0 2
S o u t h e r n R y ___ 2< iw k N o v .
2 7 3 ,4 0 1
42 0 372
4 4 ,8 6 1
8 p o k .F ’ b* A R o r . A u g u s t ___
5 0 ,9 1 8
4 ,3 5 2
31 0 0 2
3 5 ,2 2 3
4 ,0 8 4
S t o n y C I . A U.M I s e p t f im b ’ r.
3 3 3 ,8 0
7 9 .2 8 2
6 6 .3 1 9
S u m i o i t B r a n o h , M a y .............
4 0 4 .8 1 5
3 *0,640
8 7 ,0 4 9
6 6 ,8 8 1
L y k . V a s .C o a l. M w ............
3 7 0 ,6 2 7
141,707 1 1 7 ,9 5 8 1 , 0 8 8 ,8 4 - 1 .1 8 2 ,0 0 8
T o t ’ l b o t h O o 'e A u g u s t . . .
8 ,0 4 1
T e x a s C e n tr a l,. is tw k N o v .
2 1 9 ,4 5 0
2 3 0 ,0 1 2
1 6 8 ,0 7 4 6 ,0 9 0 , U O 5 ,5 6 2 ,6 4 1
2 2 0 ,5 8 0
T e x a s A P a e illo . 2 d w k N ov.
T e x .H .V .A N .W . H e p te u ib ’ i-.
3,5i>7
4 ,5 8 8
4 3 ,0 3 3
4 1 ,2 4 0 1 ,4 4 0 , 1 9 - 1 ,5 2 5 .8 3 4
T o l . A O b l o O e o t . 2dw k- N o r .
1 5 ,3 2 0
7 8 5 .4 1 1
18,67*5
T o l . P . A W e s t... 1 s t a -k N o w
8 1 8 .0 - 0
5 0 ,2 7 4
T o l , S t, L . A K . 0 , 2 d w k R o v .
4 8 ,2 1 8 l , 9 0 5 , 0 5 i
1 ,8 0 1 ,2 3 4
U n io n P a d Ho—
U n io n P . R K . . S e p t e m b 'r . 1,76 2 ,2 3 3 1 ,4 2 3 ,2 3 1 1 1 ,5 0 8 ,6 3 0 1 0 ,1 4 9 ,2 7 3
C e n c B n u io h . 2 d w k R o v .

5 8 ,0 9 5

3 1 ,7 0 7

3 7 3 ,4 9 2

2 3 4 ,1 1 5

2 3 .0 0 0

1 8 ,0 0 0

9 7 3 ,0 0 0

0 5 3 ,5 8 0

:t h e

968
L a ten t Or 088 E a r n in g s .
Ro a d s .

W eek o r Mo

1897.

1896.

U n .P ao.—(Con.)
6 9 ,5 1 8
C en. Br. A L'd Lj 8 ep tr in li’r. 1 1 7 ,5 6 5
Grid t o ta l.*c Sep tem b ’r. 2 ,0 9 8 .4 1 7 1 ,6 3 0 ,9 2 0
6 ,& 3 3
95,^28
U ii.P .D e n .A G .. lstw k N o v .
224,4 54
W abash............... 2d w k Nov. 2 -1 ,5 4 4
*7,1 6 1
3 2 ,4 0 1
Waco A North w Sppteinb’r.
W .JereeyABeaV September. 2 5 5 ,8 4 9 2 2 1 ,8 7 5
9 8 ,2 4 7
9 8 ,1 5 5
W.V.Cen A P ltts M ay............
3x109
36.511
W estVa.A P itts. A u g u st___
6 0 ,0 5 0
5 6 ,3 t9
•Western o f A la. S eptem b’r.
7 1 ,0 0 0
57,4<>0
W est. N. Y. A Pa. lstw k N o v .
2 4 ,4 7 5
3 5 .1 9
Wheel. A L. Erie 2 d wk N ov.
3
8 .9 7 7
3
9
,5
3
2
J
u
n
e
..........
Wil. Col. & A u^.
8 0 ,8 9 2
9 9 ,1 1H
W isconsin Cent. 2d wk N ov.
6 ,5 0 3
6,0 9 3
W rightsv.A Ten. A u g u st___
7.1 4 9
6,7 3 5
York Southern S ep tem b ’r.

c h r o n ic l e .

J a n . 1 to L a te st D ate.
1897.

1896.

8 2 1 ,3 7 6
13 ,7 0 8 .0 1 9
2 ,9 3 4 ,3 1 3
10,582,024
161,206
2,061,791
4 5 5 ,7 7 2
2 5 5 ,3 6 6
4 4 3 ,8 0 0
2 ,10 4 ,4 17
9 8 8 .0 6 3

$
5 4 1 ,3 8 1
11 ,6 9 6 ,8 7 2
2 .5 8 2 , 51
10 ,5 1 4 .2 0 7
1 7 4 ,2 0 9
2 ,0 9 6 209
4 7 2 ,8 7 5
2 5 6 ,3 1 7
4 0 1 ,8 6 3
2 ,6 1 6 ,4 8 9
1 ,1 4 0 ,1 1 7

1st w eek o f N ovem ber.
Kan. C ity F t. 8 . A M em .
Kan. C. Mem. A B irra___
K ansas C ity A O m aha ..
M em phis A C harleston .
Miun. St. P. A S te. 8. M..
M obile A Birin 1n g h a m ...
N orthern P a cific. ..
O m aha K an. C. A E a s t
O reson KR. & N a v ............
P ittsb u rg A W e s te r n ....

(Vo*. XXV..
1897.

1896.

$
8 2 ,3 7 6
16,99ft
5 .9 8 5
2 5 ,2 1 2
1 0 9 ,6 6
6.0*3
6 4 4 ,0 7 5
13,93*
194,89>
5 5 ,9 47
15.111
18,6 7 6
9 5 ,8 2 8
71,0 0 0

$
6 9 ,0 2 0
2 3 ,4 8
3 .9 6 3
2 4,2+ 7
6 9 ,6 1 6
7 .5 2 5
4 5 0 ,3 8 1
9,462
1 1 2 .5 7 2
50,3 0 6
8 ,0 4 )
15,320
65.3 3 3
57,4 0 0

In c re a se .
$
1 3 ,3 5 6
2 ,0 2 2
9t>5
4 0 .0 4 6
193.68R
4 .4 7 7
8 2 ,3 :«
5,6*51
7 .0 7 t
3,85*
30.4 95
13,6oi

D ecrease.
$
6 ,4 2 3

1 ,4 3 2

T oledo P eoria A W est’n .
Un. Pao. D en . A G u lf—
............
3 ,9 4 9 ,6 0 9 3 ,7 8 2 ,5 6 -* W est. N . y . & P en n a y lv
5 8 ,0 2 3
5 1 ,7 9 0
T otal (80 r o a d s ) ..........
8,746,714 7 ,0 4 8 ,2 2 7 1,720,74*
2 2 ,2 6 1
4 9 ,6 4 6
5 0 ,3 5 2
1,6> 8.4«7
N et In crease C21 *10 n.
* F igu res given do n o t Include O regon Ry. A N a v .,U n .P a c . D en v er A
G ulf, D en v er I.e a d v ille A G u n niso n , M on tana Union and L eaven w orth
Topeka A S ou th w estern , a T b e se tig u r e s in clu d e r e su ltso n leased lin es.
Net Earnings Monthly to Latest Dates.—T h e f o l l o w i n g
b In clu d es ea rn in g s from ferries, e tc ., n o t g iv e n sex>arately. J M ex i­
can cu rren cy , c In clu d es o n ly h a lf o f lin e s in w h ich U n io n P acific has show s th e g ross a n d n e t e a rn in g s to la te s t d a te s o f all S t e a m >
a h a lf in terest.
d In clu d es o p era tio n s o f th e Chic. B u rlin g to n A N orthern in b oth railro ad s fu rn ish in g m o n th ly sta te m e n ts. T he co m p ila tio n
includes every ro ad fro m w h ich we c a n g e t re tu r n s of th is
years.
S C overs resu lts o f lin e s d ir e c tly op erated e a st o t P ittsb u rg .
ch aracter an d in th a t fo rm is g iv e n once a m o n th . E a rly r e ­
I C hesapeake Ohio A S o’w ester n in clu d ed , b eg in n in g w ith J u ly , and tu rn s arc published fro m w eek to w eek, as soon as issu ed , b u t
Ohio V alley, b eg in n in g w ith A u g u st, but b oth roads for th is year on ly.
e F igu res from J u ly 1 in c lu d e r e s u lts on A. T. & S. F e, G ulf Col. A fo r th e convenience of o u r re a d e rs a ll th e roads m a k in g r e ­
8. F e, S. F e P a cific told A tla n tic A P a cific' and So. Cal. R y. R esu lts tu rn s a ie b ro u g h t to g e th e r h ere in th e w eek in w hich we p u b ­
on Sonora Ry. and N e w M e x ico A A rizon a R y ., form erly in clu d ed , are lish oui m o n th ly a rtic le on n e t earn in g s—say on or a b o u t th e
exclu d ed after J u ly 1.

Latest Dross Earnings by Weeks.—The la te s t w eekly ea rn

20th of th e m o n th . Besides th e ro ad s fu rn ish in g m o n th ly
re tu rn s, w e have ad d ed this tim e th e ro ad s w hich m a k e q u a r­
te rly retu rn s.

ings in th e foregoing a re sep arately su m m ed up as follow s:
T h e r e t u r n s o f th e s tr e e t r a i l w a y s w e q iv e b y th e m s e lv e sF or th e second week of N ovem ber o u r p relim in ary sta te m e n t
covers 50 read s, an d show s 19#o3 p er c e n t increase in th e u n d e r a s e p a r a t e h e a d a t th e e x t r e m e e n d o f th e s e t a b u l a t i o n s
— see p a g e 972.
ag g reg ate over th e sam e w eek la s t y ear.
2 d w eek o f N ovem ber.
A labam a G t. S o u th e r n ...
B alt. & Ohio S o u th w e s t..
Buffalo R och. A F ItiBb’g
C hesapeake A O hio........
C hicago A E ast. Illin o is
Chic. G reat W estern........
Chic. Iiid’plls A 9t. L.
C hicago Milw. & S t. Paul
Chic. T eim . T r a n s fe r ...
Olev. Lorain A W heel’g ..
D en ver A Rio G ra n d e...
E van sv. A Indianapolis.
E ^ ansv. A T erre H a u te ..
F lin t & Pere M arquette.
F t. W oitb A Rio G ia n te .
Grand R apids A Indiana
C incinnati R. A F t. W.
T raverse C ity.................
Musk. Gr. Ran. A Ind
In tern a tio n a l & Gt. N o ..
Io w a C en tral.....................
K a n a w h a * M ich ig a n .. .
K an. C ity P lttsb . A G ulf
K an. C ity Sub B e lt ........
Lake E rie A W estern__
L ou isville A N a s h v ille ...
M exican C entral.............. .
M exican N a t io n a l...........
M inneapolis A St. L ouis.
Mo. K ansas A T ^ x a s___
Mo. P acific A Ir. iM t ...
Centra) B ranch...............
BT. Y . O ntario A W estern
Ohio R iv e r ........................
P eoria D ec. A E v e n s v ...
R .o Grande S ou th ern ___
Rio G rande W< ste r n ___
0 t. Joseph A Gd. Islan d .
Bt. L ouis A San Fran.......
8t. L ouis S ou th w estern .
Southern R a ilw a y . . . . . . .
T exas A Pacifio. .......... .
T oledo A Ohio C e n tr a l..
Tol. St. L. A Kan. C ity..
Wabash.................................
W heeling A Labe E r ie ...
W isconsin C en tra l............
T otal <50 r o a d s).............
N et Increase (19 53 p.o.K

1897.

1896.

9
39,0 0 3
23,18£
124 ,2 3 b
*3.61.632,0 0 0
131,071
2 1 4 ,2 7 9 1 ,' 8 ‘
109,41 S
67,444
785,62ti
2 2 ,7 5 t
3?,«»8S
178.9 0 0
7 ,0 6 k
22,269
55,124
15.121
42.4 9
8,424
78*
2,13(>
98,077
3 9 ,4 8 2
12.031
67,474
9,0 3 6
6 2 .7 0 3
4 3 3 ,4 1 0
2 3 8 ,4 9 0
1 2 1 ,6 0 0
4 7 ,3 5 5
3 6 1 .3 1 5
5 4 6 ,0 0 0
2 3 .0 0 0
82.351
2 u ,0 2 0
1 7 .5 1 0
8,520
64,6 0 0
21,2 0 0
1 4 3 ,0 0 0
1 3 6 ,9 0 0
4 4 2 ,0 4 4
2 2 0 ,5 8 9
43,6 3 3
50,274
254,5 4 4
3 5 ,1 9 6
99,113

*
33,071
21 817
111,170
7 0 , j42
476,001
113,3i 9
2 0 9 ,1 6 8
8 ,95b

6 ,3 8 9 ,1 2 8
—

56,548
638,5 1 5
19,9 5 9
21.75.fc
137,500
5,675
20,567
43,1 1 2
3 0 ,3 2 .
3 2 ,t 6 '
6,447
5 *7
1.86S
8 6 .5 0 3 3 ,2 6
7.891
2 1 ,9 0
5.U53
6 0 ,0 0 2
4 3 7 ,3 8 5
2 0 1 ,7 3 5
99,534
41,81
2 8 9 ,6 9 0
4 3 1 ,nOO
18.0 0 0
80.50P
1 7 ,2 3 6
1 6 .9 4 0
8 .8 6 4
5 2 ,7 6 0
1 7 ,0 0 0
116,1 1 4
110 .S 0 0
4 1 1 .0 5 4
1 6 8 .0 7 4
4 1 ,2 4 0
4 8 ,2 1 8
2 2 4 ,4 5 4
2 4 .4 7 5
8 0 ,8 9 2
5 ,3 1 5 ,1 8 9
.............

In crea se.
$
6 732
1 ,3 6 6
13,0» 6
13.173
156,0O(
17,'” 62
5 ,l i e
7,*34
30,84*'
le .8 9 6
1 4 7 ,i 05
2,797
11 . 3 2 ;
41,400
1,387
1 ,7 0 “
1 2 ,0 i 2
4.798
10,039
1,977
277
267
11.5 7 2
6.220
4 ,1 4 0
45,573
3,9 8 3
2,701
36.7 5 5
22,0 6 6
5.538
7 0 .6 2 5
11x000
5 ,0 0 0
1,845
2,784
570
li,8 4 0
4i200
26,8 8 6
26,1' 0
3 0 .9 9 0
52,5 1 5
2,393
2 ,0 5 6
30,0 9 0
10,721
18.221
1 ,0 4 8 ,2 5 8
1 ,0 4 3 ,9 3 9

D ecrease.
9

3,975

344

4 ,3 1 9

For the first week of November o u r final statement covers 80
roads, and shows 24-10 per cent increase in the aggregate
over the same week last vear.
It is well to note that the week contained one more business day this year, 'here having been but one Sunday in it in
1897, against two in 1^96,
1st w eek o f N ovem ber.
P reviou sly re p ’rt<50 rids)
AtlauTio A D a n v ille.........
Bnrl. Oed. Ran. A NorthChic. Term. T ransfer
O d c a g o A W e st Michigan
Clev ( anton A Sou th ’u ..
Olev O n . Ohio. A 8* L.
J>et,. Gd. Rapids A W est.
D ilu tb 8 0 . Shore A Atl
F lin t A Pere M arquette.
Grand Rapids A Indiana
Cm. Rich. A F t. W ayne
Tr averse C ity...................
M usk. Gr. Rap. A I n d ..
Ore tut Trunk. ............ )
Chic. A Grand Trunk S
D et. Gd. H. A M ........)

1897
$
6 ,2 4 6 ,2 0 4
14,523
104,801
22,481
33,1 5 7
15,253
2 6 3 .4 1 8
27,0 8 3
31 .5 2 4
5x001
45,0*14
7,703
780
2,2 1 8
6 2 1 ,7 7 0

1896

In crea se.

<8
5 ,0 9 8 ,8 3 0 1 ,1 6 1 ,7 8 0
9,624
■4,899
7 5 .6 0 ;
29,201
19,9 5 9
2,522
2 3 .2 6 H
9,391
13,8 3 3
1,4 20
2 3 5 ,3 4 2 8 ,0 7 0
17,710
9,373
2 4 .1 7 6
7,348
4 0,6 0 8
14,393
27,701
17,303
1.97ft
5,728
534
246
1,782
436
4 8 6 .9 1 3

3 4 .8 5 7

Decrease.
*
14,406

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

.---- Gross E a r n in g s .—
- Net E a r n in g s .----1897.
1896.
1897.
1896.
R oads.
9
*
A d iro n d a ck .............. S ep t.
1 7 ,6 4 0
2 0 .8 9 4t
5 ,4 8 6
6 ,3 8 9 Jan . 1 co Sept. 3 0 . . .
1 5 2 ,3 id
1 4 9 ,6S9
48.(533
4 6 ,1 9 7
A labam a G t.S o m h .a S ep t.
1 4 0 ,0 3 1
1 3 6 ,6 2 0
4 3.967
5 1.6 9 G
J a a . 1 to 8epc. 3 0 . . . 1 ,1 5 4 ,1 8 7 ^ 1 ,0 6 5 .1 .6 9
2 49,7 It
2 >1 , 1 11
J u ly 1 to Sept. 30 . . .
4 0 7 ,6 8 3 1 3 3 4 .1 3 9
1 3 5 ,0 6 3
1 2 6 ,5 1 7
A lab am a M id la n d ...S e p t.
6 5 ,9 5 8
6 2 ,6 2 5
1 7 ,7 7 1
2 4 .6 2 7
J a n . 1 to Sept. 3 0 ___
5 0 5 ,3 8 3
4 5 3 .5 3 1
9 0 .1 3 5
5 .5 7 6J u ly L to S ept. 3 0 . . . .
1 7 0 ,1 5 0
1 5 4 ,3 9 6
4 9 ,3 3 5
1 9 .1 2 3
1 1 9 .7 3 J
A llegh en y V a l'e y ....S e p t,
2 3 3 ,9 4 7
1 9 1 ,1 5 5
6 2 .1 3 4
•Jan. 1 to Sept. 3 0 ---- 1 ,8 2 6 ,4 3 7 1 ,7 5 >,833
7 4 2 ,1 0 7
61x449
Ann A rbor...................S ep t.
1 1 0 ,4 9 7
9 3 ,0 7 9
2 5 ,n66
Ja u . 1 to S ep t. 3 0 ___
9 4 5 ,3 L2
8 6 1 ,2 6 6
3 0 7 , >10
A rk an sas M id lan d ...S ep t.
11,1 7 6
8 ,7 2 6
1,541
3 ,U 3
J a n . 1 to S ep t. 3 0 . . . .
7 1 ,6 0 3
6 5 .0 2 0 d e f.2 , i5L
•2.3 14
A teh .T o p . A S .F e .b S en t. 3 ,4 2 3 ,2 1 3 2 ,9 1 1 ,5 1 5 1 1 .0 9 5 ,1 7 9
t8R 2,87 7
J a n . 1 to Sept. 3 0 ...2 3 ,6 6 3 ,0 8 5 2 1 ,5 U , 6 76 5, l ' 8. >59 5 ,o 7 1,5 <5
J u ly 1 to Sept. 3 0 . . . . 9 ,2 3 2 ,0 2 5 7 ,9 * 1 ,4 4 4 12,4 >1.217 1 2 ,1 8 8 .7 3 1
2 1 .9 5 7
A tl. K o o x v . A N o ...S e p t.
2 7 ,9 6 9
9;3 78
431
2 1 2 ,1 3 2
J an , 1 to S^pt. 3 0 . . . .
2 0 5 ,3 2 7
4 »,163
2 1 ,9 70
5 1 ,5 0 4
A tla n ta A W. P o in t.S ep t.
5 1 .4 0 8
2 5 ,2 3 1
2 5 .3 9 2
3 7 1 ,9 1 3
J an . 1 to Sept. 3 0 . . . 4 0 0 0 6 3
1 5 1 .3 >3
13 4,18 L
J u ly 1 to S ep t. 3 0 . . . 1 3 6 0 29
1 3 9 ,9 1 6
5 i.S 3 1
45. U i
4 9 .0 3 7
A tla n tic A Da o v ’e. a . Sept.
4 3 ,7 3 2
1 5,212
1 4 .6 1 3
3 0 <,7LJ
J an . 1 to - e p t. 3 0 , . . .
3 3 9 ,3 7 9
9 M 33
9 >.0 >5
J u ly 1 to Sept. 3 0 . . . .
1 2 » ,1 3 5
1 3 0 .4 6 9
3 2.8 11
3 1 .1 1 5
2 7 ,3 0 5
A u stin A N or'h w ’n .S e p t.
1 7 .8 0 6
6 ,5 6 7
1 3 .5 74
19 9, >76
J au . 1 to S ep t. 3 0 . . .
1 2 4 ,5 47
2 4 . 2 »1
60:233
B altim o r e A O hio b S ep t. 2 ,4 3 3 ,7 50 2 ,2 9 2 ,0 3 1
6 8 1,5 12
6 ) 1 , >35
J a n . I to S ep t 3 o . ..1 9 .0 5 6 ,8 0 i 1 8 ,2 0 1.2 m 4 ,0 SO. 7 i { 4 .5 1 3 9 7 1
J u ly 1 to S ep t. 3 0 . . . . 6 ,9 8 3 ,0 3 6 6 ,7 7 9 ,5 8 5 1 ,9 0 L8 <7 1 ,8 4 2 ,4 ifr
2 ‘9,091
B a lt. A Ohio South w. Aug.
5 9 0 ,6 6 2
5 4 9 .9 5 2
1 7 8 .4 6 2
J an . 1 to Aug. 3 L . . . . 4 ,0 9 4 ,6 2 8 4 ,0 99,6 <3 1 ,2 0 0 .0 7 9 1 ,2 2 1 ,3 '3
J u ly 1 to Aug. 3 1 . . . . 1 ,1 2 6 ,6 5 4 1 ,0 3 2 ,0 9 0
3 4 2 ,7 8 3
3 0 6 ,7 5 B
B a n g o r A A roosto k —
J u ly L to S ep t. 3 0 . . .
1 9 4 ,2 9 3
1 7 7 ,1 8 4
6 6 ,8 9 1
7 4 ,3 7 6
J a n . 1 to S ep t. 3 0 . . . .
5 6 8 ,6 3 1 ^ 5 1 6 , 4 6 1
2 U ,6 L 7
1 9 4 ,5 1 4
B ath A H am m on d s..S ep t.
2 ,9 2 3
4 ,3 3 3
J .1 7 1
2 ,6 0 0
1 8 ,6 1 0
J a n . 1 to S ep t. 3 0 . . . .
1 9 ,0 9 2
3 ,8 >S
4 ,6 2 3
J u ly 1 to S ept. 3(9 . . .
8 ,7 0 1
8 ,4 2 9
3 ,4 1 9
3, U S
B e n n in g to n A R u tlan d —
J u ly 1 to S ep t. 3 0 . . . .
6 4 .1 1 4
6 8 ,3 2 0
2 9 ,3 9 5
1 3 ,1 6 1
B irin. A A tla n tic , b . Aug.
2 ,1 1 6
1 ,8 8 6
219
7L8
J an . 1 to A u g. 3 1 . . . .
1 3.9> 5
1 3 ,8 6 5
1 ,6 1 6
d e f .6 i 4
J u ly 1 to A ug. 3 1 . . . .
3 ,4 4 6
3 ,5 4 8
• 518
947
B o sto n A A lb a n y .b —
J u ly 1 to Sept. 3 0 . . . , 2 ,5 2 2 ,4 0 2 2 ,3 7 3 9 47
6 2 0 ,7 4 3
6 5 0 .2 0 2
J a n . 1 to S ep t. 3 J . . . . 6 ,9 2 6 ,3 7 6 6,767,41.6 2 ,0 4 1 ,6 7 2 1 ,9 0 9 ,1 8 7
B o s to n A M a in e .b —
J u ly 1 to Sept. 3 0 . . . . 5 ,6 6 5 ,8 9 6 5 ,5 1 2 ,2 4 9 1 ,9 1 7 ,9 5 0 1 ,7 9 5 .5 6 0
J a n 1 to Sept, 3 0
.1 4 ,8 0 9 ,3 4 1 1 4 ,8 1 5 , SSL 4 ,6 7 8 ,8 5 4 4 ,2 5 2 ,0 ^ 6
B o st. R ev. B. A L ynn—
J u ly Lto S ept. 3 0 ___
9 2 ,3 4 3
3 1 ,°5 3
8 2 ,0 7 5
3 2 .3 1 4
J an . 1 to S ep t. 30 . . .
2 22,997
7 2 ,6 ,4
1 9 3 ,7 1 5
4 5 ,3 7 7
B rid g to n A Saco R lv.—
J u ly 1 to S ep t. 3 0 . . . .
9 ,0 5 3
9 ,5 4 8
5 ,0 0 2
2 .5 3 6
J a n . 1 to Sept. 3 0 . . . .
2 2 .2 6 3
5 ,8 2 1
2 1 .4 5 9
9 .6 4 7
B ru n sw ick & W e s t..S e p t.
4 9 .2 6 4
5 3 ,4 6 9
2 2 ,6 2 7
20,^93.
J an . 1 to S ep t. 3 0 . . . .
4 4 9 ,5 >8
4 1 3 .9 8 7
1 1 0 .6 i 2
1 5 1 ,1 3 8
J u ly 1 to S ep t. 3 0 . . . .
1 4 9 ,7 9 2
1 4 5 ,1 8 1
5 1 ,9 0 6
5 6 .1 2 1
Butt. R och.A P itts, b .Sept.
3 1 8 .0 3 8
2 8 4 .1 1 3
121 6 7 4
9 4 ,7 2 3
J a n . 1 to Sept.
2 ,4 3 9 .4 3 1 2 ,4 3 7, l s 6
8 2 0 .9 >0
7 <2 0 6 7
J u ly : to S ep t. 3 0 . . .
9 3 7 ,2 4 1
3 0 1 ,9 4 1
8 0 4 ,4 0 5
3 3 6 .3 3 5
6 1 ,9 0 2
6 7 ,9 6 3
Buffalo fr S u sq u eb a SeDt.
3 5, "50
3 8 ,4 9 1
4 4 6 .7 7 1
J an . 1 to Sent. 3 0 . . . .
2 1 6 ,1 3 2
3 8 3 ,6 3 8
1 7 6 .3L 6
1 7 6 ,7 6 2
J n ly 1 to Sept. 3 0 ___
1 5 3 ,1 2 9
9 1,6 6 5
8 5 ,3 51
4 1 8 ,6 * 2
4 S 5.405
B u rl.C ed.R . A N o.a. Sept.
1 2 5 ,9 22
8 1,727
J a n . 1 to Sept. 3 0 ___ 3 ,0 1 5 ,9 4 6 3 ,1 9 5 .2 7 0
8 <0.021
8 *1,4’18
C anadian P a o tttc .a ..S e p t. 2 ,3 4 4 ,5 2 9 1 ,8 2 6 ,0 3 0 1 .0 5 9 .8 9 1
7 5 8 ,3 2 8
Jan . 1 to Sept. 30 ...1 6 ,3 9 6 ,3 4 0 1 4 .6 6 9 .J 9 2 6 ,3 1 x 8 3 0 5 ,3 8 i , 3 6 1
Cape Fe rr A Y ad. V *1.—
J u ly l to S en t. 3 > . . .
1 4 5 ,8 5 9
139 ,4 2 4
2 6 ,1 2 1
3 3 . *56
J au . 1 to S en t. 3 0 . . . .
4 1 8 ,1 5 4
3 9 6 ,1 0 1
93 ,6 -U
6 2 ,6 4 9
C arolina M id la n d ....S e p t,
7 ,6 6 2
7 ,9 9 6
5,097'
5 ,1 1 5
C ent, of G e o r g ia .a ..S e p t.
5 0 0 ,0 8 5
4 8 8 ,6 1 3
1 8 0 ,1 6 4
T9K.271
J a n . 1 to Sept. 3 0 . . . , 3 ,8 * 2 ,0 2 9 3 ,6 5 7 ,1 2 3 1 ,0 9 1 ,3 "f0 1 ,0 >5,53 5
J u ly 1 to Sept. 3 0 . . . . 1 ,2 4 1 ,4 9 4 1,2 3 1 ,0 1 1
3 7 6 ,8 5 5
302*723

K otem bkb 20, 188?,]

THE CHRONICLE.

,---- tfro m E a r m w ,
,
N et E a r n in g s .-------,
1897.
1896.
1897.
1896.
■R o a d s.
S
$
$
8
■Cent. 6£ X, J e r ie T .a S e p t. 1 .2 8 9 .8 1 5 1 ,1 1 6 ,7 8 1
5 2 5 .7 6 2
4 6 2 ,8 3 7
J an , 1 to S ep t. 3 ) . . . 9 .2 * 9 ,7 8 1 9 .2 2 1 ,9 2 6 3 ,1 8 3 ,3 6 6 3 ,3 1 5 ,3 9 0
C entral P io it t r .ft ...S e p t 1 .1 5 3 ,1 8 5 1 ,2 1 9 ,1 1 1
7 3 0 ,9 5 3
5 5 7 .9 3 4
J a n . I to S ept. 3 0 . . . 10 , iO S ,0s7 9 ,1 1 6 ,5 3 4 4 ,1 9 ; ,4 4 0 3 ,3 8 9 ,6 1 9
Char. A S a v a n n a h ...S ip t.
4 8 .3 32
3 8 .7 7 1
7 ,3 3 9
8 2 53
Jan . 1 to S ea t. 3 0 . . .
4 5 5 ,3 9 1
4 2 3 ,9 0 1
1 3 9 ,6 2 6
9 9 ,'H o
J u :y 1 to S ep t. 3 9 . . .
11-5.780
9 9 .9 5 0
1 1 ,7 3 9
8 ,2 1 0
ODea. A o n t o .a .........S e p t
9 3 7 ,5 2 4
3 8 >.855
3 2 3 ,7 2 9
2 9 9 ,3 5 5
J a o . I to Sept. 3U . . . 8 ,2 5 1 ,5 6 1 7 ,5 6 6 ,6 3 0 2 ,5 5 7 ,1 0 6 2 .4 * 6 ,0 2 1
J u ly 1 to S ip t. 3 0 . . . 2 ,9 0 1 .9 3 2 2 ,5 7 2 ,1 6 1 1 ,0 9 8 ,3 5 9
K 9t,069
•Ohio. B a r l,A u u lD ,b * 6 ep t. 4 ,4 1 4 ,2 4 2 3 ,1 8 4 ,5 4 9 2 ,0 3 2 .5 9 3 1 ,3 8 1 .8 8 4
J a n . 1 to S ep t. 3 0 ...2 - ,2 5 3 .1 8 1 2 1 ,8 2 1 ,2 3 4 1 1 ,0 7 6 ,4 1 9 3 ,8 ,0 .7 1 9
J u ly l to Stpc. 3 0 ..1 1 ,1 1 1 ,3 1 4 9 ,0 3 2 .1 8 8 4 ,7 9 7 .7 5 3 3 ,6 3 3 ,6 3 7
<Jhlo»*o (H W est’n .- O e t .
5 2 5 .8 0 2
4 7 1 ,5 7 4
1 7 9 ,3 3 3
1 4 8 ,8 1 8
J u ly 1 to Oat. 3 1 ........ 1 ,9 2 3 .9 1 8 1 ,3 5 5 ,8 7 8
8 5 8 ,9 7 4
4 8 0 .6 9 8
C h lo I n i. & H u l l . . . S e p t .
3 1 1 .8 7 8
2 5 5 .5 2 4
1 1 9 .5 8 3
9 2 ,2 1 4
J o iy l to S ep t. 3 U . . .
921 912
7 5 5 ,1 5 1
3 3 5 ,8 8 ?
2 4 2 ,2 1 1
Ohio. M. A S t . P .« ...S e p t, 3 .2 1 0 ,8 9 7 2 ,6 7 6 ,1 8 0 1 ,1 5 2 ,6 3 4 1 ,0 1 1 ,1 1 5
J b o . I to Sept 3 0 . . . 2 2 1.53,36? 2 2 ,3 6 2 .477 8 ,3 1 9 ,2 0 7 7 .7 8 0 ,1 6 8
J n ty 1 to S oot. 3 0 . . . , 8 7 0 1 .9 0 1 7 ,9 i9 .7 7 3 3 ,1 9 1 ,6 .5 7 2 .6 7 /.7 4 1
Ohio, Pet*. A S t , L _ .8 ep t,
6 8 ,2 1 6
8 8 ,1 1 1
2 1 ,7 3 1
1 1 .7 8 0
i n l y t to d ep t. 3 0 . . . .
1 9 0 .9 ? o
2 1 3 ,9 5 2
6 2 .2 7 4
6 1 ,0 1 1
Ohio. Term . T n u if .S e p t .
9 1 .4 6 5
........
5 8 ,5 3 0
.......... ..
J u ly 1 to S ep t. 3 0 . . . ,
2 6 6 ,2 >7
..............
1 8 5 ,1 1 5
Ohio. A Weak M lo b .. Sept.
182.5 3 1
178.3 2 1
4 5 ,8 2 8
4 7 ,2 5 3
J a n . I to S ep t. 3 0 . . . . 1 ,2 0 2 .6 1 3 1 .2 3 1 .2 J I
2 3 5 .6 6 2
2 3 1 .5 7 3
C h octaw O kia. A G .S e p t.
1 1 8 .8 5 8
1 0 3 .6 9 1
4 7 ,2 2 6
3 1 .5 8 9
J a n . 1 to S e p t 3 0 . . . .
6 1 1 .0 9 3
7 3 0 ,9 2 1
2 3 2 .4 8
14 3,297
N ov 1 to S e p t 3 0 . . . . 1 ,0 6 3 ,7 0 2
9 i3 ,S 6 3
3 2 0 ,6 8 1
1 8 6.611
an.NT.Qrl.A T e i.P .a .O o t.
3 1 9 ,3 6 2
3 0 8 .1 4 2
1*65.115
101.7B5
J.*o. I COO c t 3 1 ........ 2 ,96.3.068 2 .7 8 7 .3 2 0 1 ,0 1 2 .8 3 6
6 3 2 , *92
J u ly l to Oct. J l . . . . 1 ,2 8 3 .6 5 0 1 .1 3 6 ,9 3 8
4 1 3 ,3 1 3
2 6 7 .3 1 7
C lo v e . C anton * So. S e p t
5 3 ,8 9 0
6 2 .4 9 6
1 2 ,1 8 3
1 0 .7 6 3
J a a . I to 3 e o t 30 . . .
4 5 ..1 2 3
5 1 7 ,8 6 1
8 3 ,1 .1
101 3 10
J u ly 1 to Sept. 3 0 . . .
1 1 1 ,1 2 4
191,4.51
2 8 ,3 6 6
87,511
dev-O m .C L A SS.L « .6 e p t 1 ,2 1 6 ,0 * 8 1 ,1 2 3 .2 5 8
2 9 1 ,1 6 9
2 9 * .5 7 1
J » o . I t o d set, 3 0 ,...1 1 .0 1 8 41 * 9 ,6 3 4 .1 0 9 2 , 4 ( 5 , > t i 2 .2 9 3 ,1 3 7
J * i? 1 to Sept 3 9 . . . 3 .5 3 6 .7 6 3 3 ,3 1 2 ,3 7 0
8 1 1 .2 0 5
8 2 3 ,8 1 8
P eo ria A E a a i'o .a 9 e p t
138,096
1 5 1 ,0 3 9
8 3 .8 ) 1 *
3 6 .8 1 3
J* n - l to S e p t 3 ) . . . 1 ,2 /1 ,3 3 1 1 ,2 9 6 .2 1 3
2 7 1 .2 3 9
2 9 6 ,6 *1
J u tJ l to S e p t 3 0 . . .
1 7 3 ,6 1 0
4 3 6 ,0 7 7
1 0 6 .2 8 0
9 1 ,8 2 7
d b v . Cor. * W u e e i.J a a *
U 9 .6 1 6
1 1 6 .7 5 2
4 1 ,7 1 1
1 1 ,6 8 1
J.«u 1 to J u n e 3 1 . . .
6 1 6 .6 5 8
6 1 0 .5 8 5
l» 7 .i8 t
1 9 1 ,8 * 7
i n l y l to J u jn 3 1 . . . 1 ,2 0 5 .1 4 8 1 ,5 8 3,915
3 7 5 ,1 7 5
4 /7 ,9 0 1
C olorad o H o lla n d . .S ep t,
1 8 0 ,9 9 3
H I ,035
* 3 ,7 1 1
2 0 .5 8 7
Jan 1
St.i*. 3 >...... 1 ,1 7 3 .0 5 1 1 ,3 0 8 ,7 5 6
3 0 1 ,0 1 7
3 1 \3 i9
Oolurab. A K d Me . J u ly
* ,H 1
1.0 7 0
................
J a a . 1 to J u ly 3 i . . . .
7 1 .>33
1 7 ,0 9 8
.......... .
O r r * t a ,.................... K ept
1 .4 * 1
505
968
d e ttJ t
J*a. I t o S t p t . i t . . .
9 .8 * 2
8 ,7 * 9
5 ,8 6 8
537
Caen >-rland V auey.8*v<
9 1 ,i l l
7 3 ,3 1 5
* 3 ,2 1 9
2 9 .9 0 2
J a a . 1 in to o t. 3 9 __
0 9 1 ,4 1 8
8 2 9 .0 3 5
1 3 0 .3 1 7
1 8 3 ,1 8 9
D e la w a r e * (liid a o n C a n a l Henna A S a ra to g a b 'Hi. 121
J u ly 1 ft. 8- 1 30 . . .
7 8 2 ,3 3 6
7 2 1 .9 1 1
3 5 6 .0 8 1
3 2 1 .3 1 9
J a u . I t,* .8 -.pt 30 . . . 1 ,8 4 5 ,1 8 1 1,7*3,28.5
8 5 2 .7 6 9
5.81,107
S . V . ,t C anada b ~
( to S e p t 3 0 . _
2 9 9 .1 7 1
2 8 1 ,3 3 1
1 2 6 .5 7 6
1 2 3 ,3 1 0
J a a . 1 to 8 p t.
3 0 . . , . 7 2 3 ,6 4 2 8 ) 1 ,8 5 2
2 3 1 ,6 2 3
2 3 3 .8 6 6
A lb a n y 4 3u«u b J u ly 1 to S e p t
3 0 . . . . 1 ,1 5 5 .2 0 0 1. 0 7 1 .6 6 6 .872,270
4 *4 4 37
J a n . 1 to ee p t JO . . .
2 ,8 7 0 ,5 JO 3 .0 3 7 .9 0 3 1 . 2 2 2 ,1 0 8 1,191,-456

969

■-----g ro s s E a r n in g s .----- ,
1897.
1896,
R o a d s.
$
16
f t W i r t h A K toG r..A u g.
2 8 ,0 9 8
1 9 ,2 7 8
G adsden A Art. O n ...O ot.
700
850
J a a . 1 to O u t 3 1 . . . .
7 .0 7 7
8 ,9 U
G e o r g ia .a ................ .S e p t
1 5 6 ,9 1 7
1 8 7 .8 9 0
Jau . 1 to S e a ’. 3 0 ----- 1 ,1 0 0 ,5 3 > 1 ,0 6 8 ,7 3 5
J a ly 1 to S e p t 3 0 . . .
3 7 3 ,3 8 9
3 7 3 ,4 1 6
G eorgia A A tab 'a.a-S ep t.
1 1 0 ,3 1 5
9 1 ,1 7 7
J an . 1 to S ept. 3 0 . . . .
7 7 1 ,0 5 7
5 (2,010
J u ly 1 to S ep t. 3 0 . . .
2 7 4 ,1 1 6
2 1 8 ,7 6 0

— J!Tel E a r n in g s .------.
1897.
1896.
8
8*
7 ,6 2 9
6 ,9 7 0
290
374
2 ,6 7 3
4 ,2 2 6
6 1 ,3 5 2
7 4 ,9 7 9
2 1 3 ,0 7 8
2 8 2 ,5 3 2
g 7 6 .4 7 l g i.2 4 ,9 4 1
4 1 .4 0 9
3 8 ,4 2 4
1 8 2 .9LS
1 7 4 ,6 5 8
7 8 ,8 7 2
8 5 ,2 1 1

S a . S x ith . A F la .a . S ep t.
7 6 ,4 1 0
7 0 .4 9 1
2 1 ,3 2 1
J a a . I (O S e p t. 3 0 ___
6 3 2 ,3 8 9
6 5 0 ,1 0 2
1 9 1 .1 2 4
J u ly 1 to S ep t. 3 0 . . .
2 2 5 ,4 6 3
2 2 4 ,IS J
7 7 ,6 J9
Gd. R apids A I ad ..S e p t.
2 3 1 .6 6 1
2 0 1 ,4 9 3
6 1 ,3 1 1
J a u . L to S sp t. 3 0 . . . . 1 ,8 5 6 ,2 3 6 1 ,9 1 3 ,5 8 3
4 6 3 ,57L
a r.T ran k o f C anada S ep t. 1 .9 0 8 ,5 9 3 1 ,8 3 6 ,7 8 6
7 9 1 .5 7 4
J an . I to S e p t 3 ) ...1 3 .7 2 1 .7 1 4 1 3 .3 7 8 ,9 3 5 4 ,6 8 0 ,1 1 8
J u ly 1 to S )p t. 3 0 . . . 5 ,3 3 9 .0 6 9 5 ,0 8 9 .0 2 1 1 ,0 4 4 ,5 1 9
4 2 .5 9 2
2 5 2 .9 7 1
Ohio. A Qr. Tranfc.Sept.
2 8 1 ,3 6 9
j i t ) . 1 to S ep t. 30 . . . 2 ,2 5 5 ,9 9 0 2 ,3 3 i.S 5 2
2 6 4 .7 8 4
J u ly 1 to S ep t 3 0 . . .
8 1 7 ,3 1 8
7 3 5 ,1 0 0
9 5 ,7 4 1
D e t Gr. (I. A M il. S e p t
1 0 7 .6 1 9
9 4 .1 1 5
4 9 ,8 9 4
Ja u l to 3 > p t 3 0 ___
7 4 7 ,9 7 0
7 0 1 .3 4 4
1 7 6 ,9 5 4
2 6 8 ,0 5 2
2 6 9 .4 1 3
J a ly l t o S e p c 3 0 . . .
9 1 ,3 70
•255
3 ,0 (2
4 .3 5 7
G olf A C h toago. b. Sept.
J a a . 1 to S ept. 3 0 . . .
3 0 .J 7 8
2 9 ,3 0 8
3 .7 1 7
IT ooilo Tttn. A W IL..Aug.
5 ,8 2 6
4 ,8 0 0
2 ,2 1 9
3 5 .4 54
3 5 ,7 7 2
J a a . 1 to A ug, 3 4 . . .
1 6 ,6 2 1
221,101
4 2 1 ,8 8 1
4 2 1 ,8 0 8
H ou ston A T ar.C eat.S ep t.
J a n . 1 to 8 » p t 3 0 . . . 2 ,4 8 9 .5 2 8 2 ,4 6 6 ,4 2 2
6 0 r.788
3 72,131
J u ly 1 to S e p t 3 0 . . .
9 6 2 .2 9 6
9 5 8 .8 1 1
6 8 1,129
m i* o l« C e n tr a ).a ; .S ep t. 2 .3 1 6 .2 0 2 1 ,9 1 0 .0 * 4
J a n . I to S e p t 3 0 ...1 7 .1 6 1 .9 0 7 1 5 ,5 7 3 ,5 8 9 4 ,6 6 1 ,6 2 5
J u ly l to S ep t. 30 . . . 6 ,5 0 5 ,9 5 8 5 ,1 9 9 ,5 1 1 1 ,7 2 8 .2 1 9
In d ia n a ttl. A ( n w t . S e p t
8 1 ,3 6 9
4 9 ,9 3 4
11,603
J a n . 1 to Sept. 3 0 . . . .
5-59.711
5 6 1 ,6 9 2
15 ! , 0 l l
J a ly 1 to S e n t 3 0 ___
2 7 ,7 3 1
16S .872
1 5 9 .7 2 8
83 941
Iow a C e n tr a l.b . . . , 4 « p t .
1 7 1 ,5 8 6
144,873
31 !. 132
Jan . l t o 8 o » t 3> . . . 1 ,2 1 6 .7 7 1 1 ,1 0 1 ,9 6 0
4 0 8 .5 1 2
3 ) 8 .3 1 5
J u ly 1 to Sapt 3 >___
1 6 7 ,0 1 3
Iron R ailw ay h ____S e p t.
4 ,1 3 1
2 .8 1 7
1.811
J a n . I to S ep t .10 . . .
2 ) .7 7 3
3 3 .7 1 5
7 ,0 5 7
J u ly 1 to S o t . 3 0 . . .
9 ,; 6 0
9 .1 1 0
2 .1 6 9
J a c k . Tam , A K, *V..8epb
2 0 .8 5 8
22.3 1 4
d ef.6 1 6
J an . 1 to S e p t 3 0 . . .
2 5 ,9 5 0
2 1 5 ,2 7 2
2 2 ,1 0 3
8 ,3 1 6
Apr. I to S e p t 3 0 . . . .
1 3 6 .4 .8
1 ) 5 . *11
K an aw h a * H leh b .S sp t.
3 9 .5 8 1
3 1 .2 * 0
9 .6 5 8
9 *.276
J an . I t n 9 i p t , 3 0 . . . .
3 9 6 ,1 2 2
311.'>39
J u ly l to S e p t. 3 0 , . . .
I U .4 8 )
1 0 6 ,0 1 6
3 9 ,1 1 3
1 « 6 .1 5 2
K aa.O . F t. 8. A M .n .S ep t
4 6 7 ,0 9 1
3 8 4 .3 6 5
J a n . 1 to S e p t. 3 0 . . . . 3 ,5 ( 3 ,6 4 6 3 ,2 6 6 ,3 4 7 1 ,1 0 3 ,8 8 8
J u ly l to s e p t 3 0 . . . . 1 ,2 7 5 ,1 4 7 1 ,1 2 9 ,7 6 1
4 1 8 .5 7 8
17.932
K an . O. Mem * B .a .S ep t.
9 8 .9 9 9 199.841
J a n . 1 U) S ep t. 3 0 . . . .
8 4 7 ,0 7 8 8 2 0 .3 4 6
1 5 5 ,2 b 2
J a ly l to s e p t .) ( . . ,
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3 1 ,2 1 0
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2 5 2 ,9 3 5 1 9 5 ,1 1 1
7 2 ,0 7 4
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*215.127
7 2 .8 0 9
5 5 2 ,9 50
Jan . I t o H ' p t . .<0 . . .
1 ,9 0 0 ,5 8 6 5 6 7 .)6 8
2 0 315
Keokuk A Wee*.*') b Vug.
4 5 .8 1 3
3 2 .1 2 1
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2 8 2 .2 1 9 2 5 9 .5 0 1
d s f .1 8 2
L. E rie All. A S o .a 8 i p t
3 .6 8 0
4 .1 0 0
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4 5 .4 4 8
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■
1 2 1 .4 3 8
D e o . t t o S e p t . 3 0 . . . 1 5 , 0 5 4 .8 8 2 1 5 , 4 5 0 ,0 3 0 3 .4 1 6 . 5 1 2
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L e lile h V a l. C o a l C o .S e p t . 1 ,7 1 6 ,1 1 0 1 ,5 8 6 ,5 6 3 d e f.3 .5 .0 1 3
2 * 3 .1 8 0
H o o t t o S e p t 3 0 . . . 1 2 ,5 9 0 .7 4 4 1 2 ,5 3 8 ,7 6 1 d t .3 3 2 ,8 r ,0
2 ,1 1 9 .-.01 L e t i n g t o n A B itit’ n .S e p t .
6 .0 8 1
1 7 .0 0 1
1 3 ,4 5 6
7 5 1.028
5 1 ,3 5 6
J a n . 1 to S e,.t, 3 0 .. .. 1 5 5 ,7 1 0
1 5 2 ,3 3 6
2,301
L o n g ta ia n d —
2 2 ,8 i7
6 8 5 ,6 8 5
J u ly t to S e p t 8 0 ___ 1 ,5 3 5 ,3 3 0 1.433.229
14,9 0 2
J a u . I to S e p t 3 0 . . . 3 ,1 9 8 ,3 2 2 3 ,0 9 8 ,4 7 5 1 ,0 1 7 ,0 2 9
1 0 0 ,5 7 7
38,4 5 1
1 7 ,6 4 0
56 383
L o a liy . H ea d . A I t U S e p t
12,556
3 4 6 .8 7 1
3 1 1 ,4 0 8
8 4 ,1 3 8
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1 1 2 ,3 3 3
6 5 5 .8 58
L o u is e . A X a a l i v . b .S e p t . 1 ,8 8 4 ,8 7 3 1 ,7 5 5 ,6 9 6
------Jan . 1 to S e p t. 3 0 . . . 1 5 , i 17,8 t l 1 4 ,7 0 4 ,7 1 4 4 ,8 6 9 ,8 7 6
J u ly 1 to S e p t 3 0 . . . 5 ,4 3 8 ,4 3 3 5 ,0 3 4 ,0 8 4 1 ,8 7 7 ,6 * 1
1 ,8 5 1
1 1 5 ,2 ) 3 M a c o n A B lr m ln s r .. 8 e p t .
6 ,0 0 4
d e f .3 0 40
5 ,8 1 2
20,0 9 5
4 2 ,7 9 9 d e f . 2 2 ,8 8 8
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4 3 ,2 4 3

D e Ij o i y 1 ‘ M S e t f t ' l ) . f . 7 8 J 7 4 .0 3 * 2 ,1 0 1 ,7 1 5 1 ,2 6 0 ,3 0 2
Ja n . 1 CO -ftspt 3 0 . . . 5 ,1 8 1 .3 0 7 5 ,8 7 6 .8 7 9 2 ,3 7 8 .9 5 7
S yr. B in e. * X. Y . b J u ly 1 to S e p t .3 0 ....
2 1 9 .5 2 2
3 1 8 .0 1 0
1 2 0 .5 1 4
Jaa. H o S ep t 3 0 ...,
8 2 2 ,5 3 9
6 1 0 .8 3 9
2 6 1 ,9 ) 3
D » n .A H G ra o d e.b S e p t
7 1 1 ,3 1 3
623.02-5
2 9 2 ,3 6 9
J a n . 1 t o S i p t 3 0 I . . 5 . 2 **0 ,0 6 0 5.338.83.5 2 ,2 1 7 .0 9 6
J a ty 1 to nept. a O .... 2,111.12(1 1 ,8 0 0 ,9 1 9
8 8 3 ,7 9 0
D ee M oines A K a . Au*.
1 1 ,3 5 5
9 .1 1 0
def 071
J a a , t to Am* 31 . . .
1 0 * , 151
7 1 .3 1 1
9 ,8 ) 5
D ee X nlnee No. A W Sept.
1 1 .9 1 1
4 1 ,1 8 7
1 0 ,9 3 7
J a a . 1 to S ept, 3 9 . . .
3 1 0 .5 5 8
3 2 3 ,8 ) 3
.31,749
D et. G d .B .p .A 'V .a Sept.
1 2 2 ,5 2 1
1 1 2 .3 ) 0
3 3 ,0 4 7
J a a . 1 to 9 s p t 3 0 . . .
9 5 1 ,3 1 3
8 8 9 .0 1 1
1 9 1 .6 5 8
S e t . * Lim a N o r th ..J u n e
2 6 ,5 8 2
..............
1 1 ,1 5 0
D e tr o it * v ta o lfo .a .S a iit
2 9 ,9 3 9
1 9 ,5 3 5
2 ,9 9 5
Jan . 1 to S ep t. 3 0 . . . .
3 8 8 .8 7 2
3 3 7 ,5 6 3
9 0 ,0 0 0
J o l y l M »8ept 3 0 . . . ,
1 0 2 ,3 6 3
7 9 ,1 8 1
1 8 ,5 6 6
D u lu th So. 8 b .A A t!.—
J u ly 1 to S ep t 3 0 , . . .
4 9 2 ,2 8 9
5 2 1 ,1 3 2
2 1 7 ,8 1 0
2 0 1 ,8 5 7
J a n . 1 to S e p t 3 0 ___ 1 ,1 8 1 .6 8 0
1 .5 1 1 .0 1 4
3 8 3 ,5 9 5
5 6 2 ,1 7 3
D an k . AIL V. A P itt* .—
J u ly i to S ep t 3 0 . . . .
6 6 ,1 5 7
6 1 .6 0 4
19,021
11,085
J a n . 1 to S e p t 3 0 . . . .
1 5 7 ,2 6 2
1 5 7 ,1 5 0 dof. 1 ,3 6 4 d ef. 1 1 ,9 7 2
E lg in J o lie t A B .a . .S e p t
1 0 0 ,4 7 4
1 1 0 ,9 6 0
2 5 ,0 7 0
3 1 ,0 6 1
J an . I to S e p t 3 0 . . .
8 5 4 ,9 5 8
9 7 0 .0 7 2
2 0 9 ,0 1 4
3 2 0 ,2 * 6
J a ly 1 to Sept. 3 0 . . . .
2 8 9 ,8 1 1
3 1 1 ,0 7 3
7 0 ,9 9 0
99,4 8 1
E lm ira A L ake O ntario—
_
Jaly 1 to 3 p t 3D . . .
1 9 6 .7 6 7
171..’,7 4
14 ,0 2 2 d e f .2 ,5 U
J an . 1 ft. -*ept. 3 9 . „
5 1 3 ,7 6 3
4 5 7 ,8 0 0
17,8 4 9 d ef.3 2 ,8 2 1
E lm ir s A W illia m sp o r ti
,
J o y 1 to Kept. 3 0 . . . .
2 7 3 ,9 7 1
2 5 0 .7 1 5
7 0 ,7 7 7
6 0 ,1 8 3
J a n . 1 to S a p t 3 0 ___
7*53.3 *3
7 1 9 ,0 0 5
1 9 0 ,1 0 7
1 2 6 ,o 7 t
E rie . . . . . . . . . . . . . . S l e p t . 3 ,1 8 9 ,6 7 0
2 ,7 0 9 .4 9 1
8 8 8 ,7 2 8
8 3 2 ,5 5 9
Jan I to S e p t .3 « ...2 1 ,1 1 8 ,1 0 1 22.623.*'*1 0 ,9 2 1 .2 0 2 5 ,3 7 5 .5 9 7
J u ly 1 to 8«pt» 3 0 . __ 9 ,2 2 2 .3 5 5
8 .0 9 2 ,0 9 0 2 ,6 5 0 .0 7 5 2 ,4 7 /,2 0 1
B a r e * » Hprttur*.........3*pt.
5 .1 3 8
-5,372
2 ,5 9 0
3 .0 * 5
J a n . 1 to S e p t, 3 0 . __
4 6 ,9 * 1
4 6 ,3 1 5
2 3 ,1 1 8
2 2 ,9 7 8
F a ll
a a a a d w a s J u ly 1 y>
3 0 ,a ..
1 9 4 .2 4 7
1 7 1 .7 4 7
1 2 7 ,4 0 7
9 1 ,9 2 5
J * » . i.
m p i , 3 0 . a ..
A m .m s
4S*2.9J4 2 3 9 ,$ $ l
1 7 4 ,3 0 5
WtPzhhazg. It—
J i l t i to S ep t. 8 0 . . . 1 .9 7 7 .7 3 4
1 .6 8 7 ,3 8 7
7 1 2 .9 0 3
6 7 1 ,7 3 3
J a n . 1 ’<> 6 ‘p t 3 0 . . . 5 ,3 9 9 ,2 0 2
5 ,3 6 9 .3 9 1 1 ,5 7 7 ,3 8 8 1 ,4 9 6 ,8 0 5
m a t A Per* Maru.iaSepS.
2 3 1 .8 5 1
2 0 3 ,3 9 8
7 9 ,4 1 2
6 0 ,3 1 9
Ja n . ! to * -;* .
2 .0 2 0 ,9 1 8
1 ,9 5 0 ,2 9 7
5 1 4 ,5 3 3
4 90 .2 0 !)
Flak. Ctrai* As PfBHl. „
J u ly I •-> ■•!■(. 3 0 . . . .
5 1 3 ,2 8 7
4 3 9 .1 8 7
1 3 0 .6 3 8
7 0 ,9 1 0
J an . 1 to se p t. SO___ 1 ,8 0 3 .3 5 0
1 ,6 l3 ,9 ~ 1
5 8 3 ,9 6 3
3 9 2 ,0 7 1
f t W . ,fc D en y , C ity .a ep t,
121,031
S 5 ,0 3 0
* 9 .8 3 7
3 1 ,6 5 9
J a n . 1 to S ept, 3 « . . .
9 8 3 .1 8 1
6 5 3 .5 5 8
2 1 5 .9 2 2
9 0 ,9 5 1

1 5 ,1 3 1
J a l y 1 t o S e p t . 3 0 ----M a n t e U u u e ...............S e p t
1 1 .2 6 1
J a n . 1 t o S e p t . 3 0 ___
9 7 ,5 1 9
M e m p h is A O h a e 'n . S e p t
1 2 1 .9 7 5
/ a n . 1 to S ep t. 3 ) . . . .
9 9 2 .8 1 5
J u ly 1 to S ep t. 3 0 . . .
3 6 1 .3 2 4
M e x i c a n C e n t r a l . .. .S e p t .
8 8 0 ,4 0 7
J a n . i t o S e p t . 3 0 ”. . . 9 ,4 0 6 ,7 9 2
M e x . In te r n a t io n a l.S e p t .
2 4 2 ,1 8 8
J a n . 1 t o S e p t . 3 0 . . . 2 ,2 5 9 ,7 4 7
_80
M e x lo_ a_ n N a t i o n a l . . . 8 e p t
4 7 2 ,9
J a n . 1 t o S e p t. 3 0 . . . 4 ,4 0 1 .6 4 0
6 2 ,4 8 4
M exican N o r t h e r n ..S e p t ,
4 4 1 ,3 1 0
J a n . 1 to S e p t 3 0 . . .
1 3 1 .0 0 6
J u ly 1 t o 8 e p t . 3 ) . . .
M in n . A S t. L ,o t t f* .a .8 e p t .
2 2 5 .0 2 6
J a a . 1 t o S e p t . 3 ( ----- 1 ,5 0 7 ,5 7 5
J u ly 1 to S e p t, 3 0 . . .
5 9 8 ,2 2 8
M ln o .B t .P .A S tH to .M .S e p t,
4 1 1 ,9 3 8
J a n . 1 t o d i p t . 3 0 . . . 2 , 6 4 9 ,7 3 0
M o, K a n sa s * T e x a s —
J u l y 1 t o S e p t . 3 0 ___ 3 ,0 4 2 ,2 3 4
M o b ile A B it u i’ g n 'in .S e p t.
23,"> 4 »
J a n . 1 t o S e p t , -30 . . .
2 1 9 ,8 5 5
M o b i le A O h i o .......... S e p t.
3 4 3 ,1 5 7
•Tao. 1 t o 1 .p t. ,10 . . . 8 ,8 3 2 ,0 1 3
J u ly 1 to S e p t 3 0 . - . .
9 5 4 ,7 1 0
M o n t e r e y A M e x .G * f.S o p t.
1 2 4 ,3 1 2
J a u , 1 t o S e p t. JO . . . 1 ,0 4 3 ,9 3 2
B ta e h .C h . ,v. a t . k . b .O a t ,
.5 2 6 .3 5 2
J a n . 1 t o O at. 31 . . . . .4 ,5 3 4 ,1 0 0
J u l y l t o Out .31 . . . . 1 ,9 (4 ,(0 0 0

1 4 ,8 6 9 d at. 1 1 .2 7 2
5 ,3 1 7
11,363
3 5 ,1 5 0
1 0 4 .8 4 2
3 3 ,1 3 1
1 1 5 .1 5 8
1 9 2 ,6 5 7
8 9 7 .6 2 1
7 9 .5 8 0
3 0 1 ,7 4 1
8 3 1.121
7 ,3 9 0 .1 4 0
2 1 4 .8 t 4
2 ,1 1 0 ,0 )3
5 0 1 ,8 2 6
3 , 7 8 1 ,0 1 6
5 1 ,3 0 6
5 8 3 ,1 4 4
1 0 5 ,2 7 1
2 0 7 ,5 8 8
1 ,4 3 2 .6 1 9

5 3 i,U 2
3 7 0 .8 0 0
2 ,6 5 4 ,4 5 8

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

1 7 ,2 5 9
1 5 1 ,1 9 1
7 5 ,0 7 8
4 7 ,7 4 4
3 5 3 ,1 1 2
6 7 3 ,6 8 8
3 ,9 8 3 .3 0 0
1 ,6 0 2 ,1 5 7
1 9 ,5 8 8
2 0 1 ,9 3 6
3 3 ,2 3 5
1 7 ,7 2 9
7 8 .9 0 7
5 0 ,6 2 7
1 ,9 2 5
3 ,4 ) 9
2 ,4 4 3
9 .0 6 2
2 0 7 ,8 0 4
6 1 0 .3 3 7
3 1 3 ,0 8 3
5 8 5 ,3 7 8
4 ,1 6 5 ,0 2 7
1 ,3 3 0 ,7 0 6
4 ,3 8 0
1 3 3 .1 3 3
1 7 ,9 2 2
4 5 ,0 3 1
4 1 2 ,2 4 3
1 2 0 .6 8 5
193
3 ,8 8 5
667
d e f.2 ,2 3 7
9,-527
8 ,5 2 2
8 ,0 1 7
7 7 ,6 4 *
2 2 .9 8 1
1 3 4 ,4 9 9
1 ,0 2 0 ,3 8 6
3 7 1 ,5 9 1
3 4 ,7 2 9
1 5 9 ,9 2 8
7 5 ,9 9 7
d a f.2 ,3 5 3
d e f.2 5 1
9 ,8 0 0
1 1 6 ,4 8 3
0 ,0 0 4
9 1 .0 9 1
8 11
2 ,6 3 8
1 2 2 ,7 1 3
1 , 0 7 2 ,1 4 5
5 2 2 .8 4 8 5 5 5 ,6
3 ,2 2 8 ,9 2 7
4 1 ,0 9 6
d f .5 4 0 ,5 0 1

3 .9 3 0
4 7 .5 2 5
6 7 0 .0 4 8
1 ,1 1 7 ,7 2 2
1 0 ,5 8 1
8 7 ,4 0 8
5 4 1 .8 0 0
4 ,5 0 3 ,1 8 0
1 ,5 0 2 ,1 1 6
d e t . 4 ,4 5 6
d e f . ( 3 ,9 2 0
d e f .8 ,5 0 8
3 ,0 7 0
5 2 ,9 0 3

3 5 ,8 4 0

1 3 8 ,1 6 3
6 2 ,1 4 4
2 9 5 ,2 0 4
1 8 6 .4 1 8
2 ,8 0 3 ,7 8 9 2 ,6 3 0 ,9 3 8
8 2 ,0 1 0
6 8 ,3 5 2
8 1 2 ,7 5 7
7 3 3 ,6 1 9
4 (2 2 2 ,3 0 1
e 2 7 2 .4 8 0
0 2 ,1 6 6 .5 8 5 c l , 7 3 1 ,6 0 9
4 3 ,5 2 1
2 5 .9 7 7
3 0 9 ,3 3 2
2 5 4 .8 1 7
8 2 ,4 4 0
8 4 ,7 7 6
1 0 0 .3 1 5
1 0 0 ,5 5 8
5 4 6 ,0 4 1
5 5 7 ,7 * 1
2 3 1 .0 0 0
2 4 2 ,7 2 1
2 0 0 ,4 1 3
1 8 7 ,4 1 8
1 ,0 3 8 ,4 3 1 1 , 0 5 5 , 8 2 4
1 ,0 9 2 ,0 2 1
3 ,6 8 4
2 0 , 0 i#0
1 2 8 ,3 1 1
8 3 1.333
8 1 3 .5 4 3
5 0 ,8 8 8
4 8 1 .3 2 5
•212.481
1 ,6 3 5 ,1 4 *
7 5 1 ,0 9 8

__ ,__
1 9 ,1 0 0
2 5 ,3 2 1
1 2 0 ,3 8 3
7 ^ 4 ,2 7 0
2 8 2 ,8 1 5
1 9 ,0 0 p
2 5 4 ,8 9 3
1 9 9 ,5 0 5
1 ,5 1 8 ,8 8 2
6 9 2 ,1 7 4

THE CHRONICLE

97 o

[Y o l . LXV.

-G rose E a r n in g 8. -Net Eamvnqa. —
1897.
1896.
1897.
1896.
R o a d s.
$
$
San A n t. & Aran. P .S e p t.
1 2 5 ,7 3 0
2 3 2 ,4 3 7
2 4 7 ,9 7 4
9 8 ,4 4 4
J an . 1 to S ept. 3 0 ___ 1 ,4 7 9 .2 1 6 1 ,4 1 1 ,2 7 6
3 2 4 ,2 5 4
4 0 3 ,6 9 9
Jan. 1 to Aug. 31.
J u ly 1 to Sept. 3 0 ___
5 7 6 ,0 6 7
5 9 5 ,3 9 0
1 9 5 ,7 1 9
2 5 3 ,5 7 1
4 4 ,9 3 2
flan Fr. A N . P a o ... .O ot.
8 7 ,6 5 6
7 3 .1 8 4
3 0 ,0 8 5
0
3
4
.9
8
7
6
7
8
,3
4
0
24S.4L
5
1 9 5 ,0 5 1
Jan. 1 to A uk . 3 1 .
3 4 3 ,7 LI
2 9 2 ,7 6 1
1 6 4 ,3 3 3
1 2 2 ,6 3 0 ’
;
J u ly 1 to Aug. 31
S a n ta Fe Pres. & P li. Aug.
5 2 ,2 6 7
4 9 .4 1 8
2 7 ,3 4 1
2 4 ,6 8 2
N ew b. D u tch ess A Con
9 ,1 1 6
1 1 3 ,4 3 1
9 9 ,3 1 2
6 2 ,9 4 0
J u ly 1 to A ug. 3 1 ---7 ,1 2 2
4 9 ,3 9 8
3 1 .7 1 9
3 7 ,5 3 5
J u ly 1 to Sopt. 3 0 . . .
9 ,6 2 i 8 a v . F la. & W est.b .S ep t.
9 2 ,9 2 3
1 0 3 ,0 5 1
1 6 ,6 5 7
Jan . 1 to se p t. 3 0 ---2
7
4
,3
1
1
2 8 6 ,9 0 3
9 5 ,3 2 7
7 7 ,9 1 8
J an . 1 to Sept. 3 0 . . . . 2 ,5 1 4 ,8 4 9 2 ,5 *2,127
7 3 4 ,0 2 2
6 0 4 ,0 4 9
N ew England—
J u ly 1 to S ep t. 3 0 ___
7 8 0 ,1 4 4
2 4 9 ,9 1 9
4 4 5 ,5 8 4
7 3 6 ,6 6 7
1 9 9 ,1 5 8
1 4 1 ,7 5 4
1 ,6 3 5 ,2 7 5 1 ,3 5 6 ,7 2 1
Ju ly 1 to dept. 30
8 8 8 ,6 9 0 Seaboard A R oau ok e. J u ly
Jan . 1 to S ept. 3 0 . , 4 ,1 4 2 ,1 8 9 4 ,0 1 3 ,2 0 6 1 ,1 1 6 ,1 0 3
65,2 7 1
5 9 ,0 6 4
2 4 ,2 6 4
1 1 ,2 1 6
N ew Y ork C entral—
10,5 2 1
S ilv e r Sp. O cala A G .Sept.
1 8 ,9 8 4
10,8 7 0
2 ,5 9 4
J u ly 1 to Sept. 3 0 ....1 2 ,4 1 3 ,8 1 1 1 1 ,2 6 9 ,8 9 9 4 ,3 2 1 ,3 3 6 3 ,6 7 3 ,1 3 1
Jan . 1 ro S ep t. 3 0 ___
1 4 8 ,8 4 5
1 4 4 ,6 4 6
8 0 ,4 8 3
7 0 ,5 7 8
J an . 1 to Sept. 30 .. . 3 3 , *55,487 3 2 ,4 0 6 ,4 6 5 1 1 ,5 9 8 ,9 5 2 1 0 , >43,295
J u ly l to S ep t. 3 0 , . . .
4 8 ,2 5 6
3 4 ,2 3 4
1 2 ,5 2 6
2 4 ,7 4 4
N . Y. Chic. A St. L .b —
6 ,3 0 3
4 ,4 0 8
819
3 ,3 8 4
3 1 5 ,1 5 9
3 6 7 ,5 7 9
J u ly 1 to Sept. 3 0 __ _ 1 ,5 4 7 ,5 6 9 1 ,3 4 6 ,0 0 5
5 72
3 ,5 7 8
3 ,7 6 3
South H a v e n & E ast.S ep t.
807
8 2 6 ,7 9 4
7 5 7 ,9 3 8
Jan . 1 to Sept. 3 0 . . . , 4, L0 2,806 4 ,1 1 1 ,5 1 9
20.5 3 1
2 0 ,5 6 9
J a n . 1 to Sept. 3 0 . . . .
N. Y . N. H . A H artford —
S
o
u
th
ern
P
a
c
ific
J u ly 1 to Sept. 3 0 . . . . 8 ,3 4 8 ,1 5 0 7 ,8 9 2 ,9 3 1 3 ,4 0 1 ,9 2 6 2 ,8 2 2 ,4 2 0
3 9 6 ,1 0 0
4 3 3 ,7 7 6
1 7 5 ,8 8 0
G ai.H . & S A n t.b .S e p t.
1 3 8 ,9 3 5
f g j j a n . 1 to Sept. 3 0 ....2 2 ,6 9 3 ,8 7 3 2 2 ,1 0 8 ,9 7 1 7 ,7 5 8 ,4 5 6 6 ,9 4 4 ,6 2 0
7 6 0 ,4 6 6 1 ,2 0 3 ,5 6 1
J an . 1 to 8ep t. 3 0 . . . . 3 ,3 1 5 ,4 7 7 3 ,6 0 2 ,9 5 1
1 0 4 ,5 0 1
1 1 4 ,4 0 2
N. Y .O nt. A W est.a.SeD t.
3 5 6 .3 6 7
3 3 9 ,9 7 6
5
7
,3
1
8
6
6
,9
0
7
1
8
,9
2
0
2 2 ,6 0 6
L
ou
isian
a
W
est.b
.S
e
p
t.
8 0 1 .1 3 5
8 1 8 .3 7 2
Jail. 1 to Sept. 3 0 . . . . 2 ,9 1 8 ,8 7 7 2 ,8 ^ 7 ,3 3 4
6 3 8 ,8 6 0
2 9 2 ,4 2 1
7 1 8 ,3 1 7
2 2 4 ,2 9 3
J a n . 1 to Sept. 3 0 . . .
3 9 4 ,6 4 0
3 8 3 ,7 4 6
1 ,1 5 1 ,1 8 0 1 ,1 3 5 ,2 2 6
J u ly 1 to Sept. 3 0 ..
6 3 ,7 3 7
4 1 0 ,0 0 6
4 6 8 ,0 2 )
1 4 7 ,3 6 3
M’ga n ’sL a .A T ex .b S ep t.
N . Y. Phil. & N orfolk—
8 5 5 ,5 1 3
J a n . 1 to S ep t. 30 . . . 3 ,7 6 4 ,0 9 4 3 ,4 5 2 ,7 1 2
0 8 2,868
7 2 ,4 7 4
5 9 ,1 6 4
2 6 4 ,7 3 5
J u ly l to Sept. 3 0 ..
2 4 3 .0 3 8
4 3 ,7 1 9
2 9 ,4 0 5
1 7 4 ,5 9 9
7 4 2 ,6 4 4
3 8 ,4 2 3
1 3 7 ,3 5 7
N. Y . T ex. A M b ..S ep t.
6 8 0 ,4 8 6
24,738Jan . 1 to Sept. 3 0 ..
2 1 8 ,1 6 6
1 8 2 ,4 7 8
1 1 6 ,3 1 2
7 >,619
J a n . 1 to S ep t. 3o . . .
N . Y. & R ock. B e a ch —
86,1 1 9
8 7 ,0 6 3
1 0 0 ,9 1 4
1 1 1 ,7 9 4
3 3 ,6 8 2
1 3 3 ,6 3 0
1 4 5 ,9 1 6
2 9 ,8 6 9
T e x a s A N. O rl.b ..S ep t.
J u ly 1 to Sept. 3 0 ..
5 5 ,8 5 1
4 0 0 ,5 4 4
1 8 8 ,3 0 4
2 1 0 ,6 2 3
9 6 9 ,3 0 3
6 2 ,7 0 7
J a n . 1 to S ep i. 3 0 . . . 1 ,1 1 3 ,4 6 1
Jan . I to S ept. 3 0 ..
291,5589 4 ,3 2 4
1 9 9 ,9 1 2
2L 4.162
3 0 i,1 3 5
8 8 ,7 0 6
4 1 >.268
A tla n tic P rop’t’sb S e p t. 1 ,0 1 8 .9 3 3 1 ,1 6 0 ,9 9 9
N . Y. Sus. A West. b .S ep t.
7 0 0 ,3 7 9
7 1 5 ,6 7 6
J an . 1 to S ept. 3 0 . . . , 9 ,2 6 9 ,3 6 9 8 ,9 7 6 ,7 5 8 2 ,4 2 9 ,5 6 2 2,53 3 ,2 1 9 '
Jan . 1 to Sept. 3 0 . . . . 1 ,6 0 2 ,4 3 1 1 ,6 2 5 ,0 2 4
2 6 1 ,0 4 5
2 6 9 ,2 6 0
5 9 3 ,2 4 1
5 9 3 ,0 7 9
J u ly 1 to Sept. 3 0 . . . .
3 ,4 1 6 ,1 5 1 2 ,8 3 8 .4 3 7 1 ,6 3 0 ,1 6 8 L, L31,019
8 6 ,2 8 3
8 6 4 ,8 4 6
2 1 ,991,101 2 3 ,2 0 7 ,1 5 3 9 ,3 3 9 ,3 3 6 7 .9 3 3 ,3 5 7
3 5 7 ,9 5 9
N orfolk A West’n.a..9epfc. 1 ,0 2 3 ,3 0 3
LO,1 50,141 8 ,4 2 1 ,0 8 7 4 ,8 0 1 ,9 9 9 3 ,4 4 2 ,3 2 5
Jan . 1 to Sept. 3 0 . . . . 8 ,0 4 7 ,3 8 4 8 ,2 9 1 ,8 9 1 2 ,3 4 0 ,7 4 0 1 ,6 0 9 ,3 1 3
492,991
9 7 1 ,8 0 5
J u ly i to S ept. 3 0 . . . . 2 ,9 2 7 ,2 8 3 2 ,6 2 7 ,6 1 8
T otal o f all.fe ....S e p t. 4 ,9 1 8 ,9 7 0 4 ,4 7 1 ,2 4 4 2 ,2 0 2 ,4 5 8 1 ,7 9 9 ,0 9 1
640
3,317
6 ,3 6 0
5 ,9 4 5
N ortheastern o f G a .S ep t.
3 6 ,7 4 9 ,9 9 6 3 4 ,6 3 8 ,1 2 9 1 2 ,8 7 1 ,3 1 7 1 1 ,0 7 9 ,0 6 1
1 4 ,5 1 0
9 ,6 7 0
4 2 ,8 5 8
Jau . 1 to S ep t 3 0 . . . .
4 3 ,7 4 9
1 4 ,3 3 0 ,3 6 8 1 2 ,4 4 4 ,2 9 7 6 ,1 2 3 ,7 3 8 4 ,7 6 3 ,1 1 6
6,571
14.9 9 0
J u ly 1 to Sept. 3 0 . . . .
14,8 2 8
3 ,lS 8
4 7 2 , L43
9 ’ 9 ,5 0 6
8 41,029
3 4 6 ,6 3 2
So. P a c . C a l.b -. 8 ept.
5
9
4
,1
4
8
2
5
3
,9
5
5
1
9
9
,0
8
6
6 7 6 ,2 5 5
N orthern Central. b.Sept.
J a n . 1 to S en t. 3 0 . . . 7 ,4 7 9 ,0 6 6 7 ,3 4 0 ,6 3 3 3 ,1 1 9 ,7 1 5 2 ,5 9 6 ,4 2 5
4 ,8 8 5 ,4 4 1 4 ,5 5 9 ,3 3 5 1 ,4 8 1 ,0 3 9 1 ,1 1 2 ,4 2 2
J an . 1 to S ept. 3 0 .
1 5 5 ,LL8
9 4 ,7 2 4 .d ef. 15.3 *9
2 3 1 ,7 2 6
8 o. Pao. ot A r iz.b .S ep t.
>5 , 7 1 ,6 2 1 ,2 7 2
7 8 7 ,9 3 0
N orthern P a c ific ....S e p t. 2 ,5 1 0 ,8 4 0 1 ,3 3 3 ,1 7 7 1 ,4 1 5 ,9 8 5
5 8 5 ,6 2 8
334,256Jan . 1 to S ept.
Jau . I to Sept. 3 0 ....1 3 ,9 2 4 ,6 3 1
5 ,2 2 8 ,0 5 6
5 3 ,7 47
8 4 ,9 3 0
3 7 ,9 0 2
1 0 3 ,2 0 8
8 o. Pao. of N. M. b .S ep t.
J u ly 1 to Sept. 3 0 . . . . 6 ,1 7 9 ,7 6 1
2 ,9 4 6 ,2 9 2
9 9 8 ,3 1 4
8 2 8 ,8 0 6
4 9 6 ,8 U
3 0 5 ,0 5 3
Jau . 1 to S ep t. 3 o . . .
4 3 ,2 7 3
1 0 2 ,8 1 2
9 0 ,3 8 3
49,8 5 1
Ohio R iver, b ..............Sept.
2 3 3 ,9 9 1
1 1 1 ,3 7 0
1 0 6 ,4 5 1
2 2 1 ,2 6 7
N orthern R y .b ___Sept.
2 4 2 ,4 4 6
Ja n . 1 to Sept. 3 0 . . . .
7 2 9 ,6 8 4
6 9 6 ,3 7 6
2 5 2 ,3 0 5
5 4 2 ,9 79
5 7 8 ,4 2 2
1 ,6 5 2 ,5 6 5 1 ,6 0 4 ,1 6 4
4 ,4 2 9
3 ,7 7 5
1 5 ,7 9 6
Ohio R iver A O kas.. Sept.
15,175
1 ,8 0 2 ,4 4 1 1 ,6 9 2 ,2 3 3
6 3 5 ,4 1 0
6 0 4 ,0 *7
6,307
J u ly 1 to S ept. 3 0 . . . .
4 1 ,3 4 6
41, L85
5 ,6 2 9
J an . 1 to S ept. 3 0 . . . . 1 .4 ,1 3 1 ,2 7 6 1 3 ,3 8 6 ,2 9 3 4 ,0 3 ) 239 3 ,4 3 0 ,0 6 4
Oregon RR. & N av. Sept.
7 0 2 ,3 2 0
4 5 1 ,0 6 4
3 8 6 ,0 3 4
2 2 9 ,3 6 7
J u ly 1 to Sept. 3 0 . . . . 4 ,8 9 0 ,3 6 3 4 ,5 ) 7 ,9 1 0 1 ,4 8 3 ,2 30 1 ,3 5 3 ,4 4 L
J an . 1 to Sept. 3 0 ... 3 ,6 7 5 ,4 0 0 3 ,1 0 2 ,3 6 7 1 ,4 8 7 .5 9 2
21,1 4 2
4 4 ,8 6 1
2 3 ,5 3 7
Spokane
F alls A N o.aA u g.
5 0 ,9 1 8
4 6 2 ,4 1 4
1 .6 9 8 ,9 1 3 1 ,1 7 2 ,7 0 7
J u ly 1 to Sept. 3 0 ..
8 4 4 ,0 4 1
1 9 9 .5 *3
4 2 0 ,3 7 2
2 7 3 .4 6 1
1 5 1 .2 6 2
•Tau. 1 to Aug. 3 1 . . . .
5 3 4 ,5 9 0
Oregon Short L in e.a S ep t.
1 9,3 1 1
4 8 3 ,1 7 8
1 9 7 ,6 8 1
8 5 ,6 0 1
4 2 ,3 2 6
1 0 4 ,3 2 8
4 1 .9 5 1
J u ly 1 to A u g. 3 1 ___
J an . 1 to Sept. 3 0 . . . . 4 ,3 0 1 ,3 5 1 4 ,0 0 3 ,7 9 6 1 ,9 8 3 ,1 4 7 1 ,6 2 1 .9 3 9
4 ,3 5 2
4 ,0 8 4
3 27
1 ,9 5 8
S to n y Cl. A C. M ..b ..S e p t,
Ju ly 1 to Sept. 3 0 ___ 1 ,5 9 5 ,3 4 6 1 ,4 5 0 ,1 6 3
6 2 7 ,8 4 1
o 7 1 ,8 1 1
9 ,7 8 0
3 1 ,0 0 2
3 5 ,2 2 3
1 2 ,5 9 9
J an . 1 to Sept. 3 0 . . . ,
P e n n sy lv a n ia —
2 3 ,7 6 4
11,2 8 1
1 4 ,4 1 3
J u ly 1 to S ep t. 3 0 —
2 1 ,1 8 9
L ines d irectly op erated —
1 4 1 ,7 0 7
1 1 7 ,9 5 8 d ef.1 8 ,9 7 3 d ef.3 3,605
B r.A L y.V al. Aug.
E ast of P itts.& E .Sept. 5 ,8 5 9 ,6 3 9 5 ,1 7 6 ,3 3 9 2 ,1 4 9 ,9 1 1 1 ,8 0 4 ,6 1 L Sum Jmait
a . 1 to A ug. 3 1 .- - .. 1 ,0 8 8 ,8 4 6 1 ,1 8 2 ,0 0 8 d e f.1 7 , i 48 d e f.8 9 ,5 7 8
Jan. 1 to Sept. 3 u ..4 6 ,7 8 8 ,5 7 0 4 6 ,0 6 0 ,9 7 0 1 4 ,7 3 1 ,1 1 3 1 2 ,7 1 1 ,7 1 3
S y r a c u se G en. A Corn.—
I n o . 5 0 9 ,2 0 0
W est of P itts. A E . Sept.
I n c . 3 8 9 ,7 0 0
1 8 4 ,9 9 9
9 3 ,4 3 7
2 0 5 ,9 5 5
7 7 ,8 1 1
J u ly l to Sept. 3 0 ----Jan . 1 to Sept. 3 0 ..
D ec. 3 5 7 ,5 0 0
In o . 7 2 6 ,8 0 0
1 3 1 ,6 1 3
4 9 1 ,3 9 5
4 9 7 ,56L
1 5 1 ,9 7 3
J an . 1 to Sept. 3 0 . . . .
P eoria D ec. A E v ... J u n e
6 5 ,9 0 4
6 5 ,2 4 2
6 ,8 3 0
12,9 7 8 T erre H a u te A I nd’p olls—
Jan . 1 to June 3 0 ___
4 2 5 ,1 2 8
4 0 9 ,4 7 >
8 0 .3 1 1
9 1 ,9 7 8
3 0 2 ,2 0 9
1 0 5 ,0 1 6
6 7.04U
J u iy 1 to S ept. 3 0 - . . .
3 0 0 ,6 9 8
P etersb u rg ..................Sept.
4 0 ,5 1 0
3 9 ,6 9 6
2 0 ,2 7 9
17,3 3 3
8 9 0 ,5 1 3
2 3 0 ,4 1 7
142,256J an . 1 to Sept. 3 0 . . . .
8 3 6 ,0 £8
Jan . 1 to Sepr. 3 0 . . . .
4 3 2 ,2 3 4
4 2 0 ,6 2 0
2 0 8 ,9 4 0
1 7 4 ,4 7 4
St. L. V an A Terre H .—
J u ly 1 to Sept. 3 0 ..» .
1 2 0 ,5 2 2
1 1 8 ,3 5 4
5 4 ,8 7 9
4 5 ,5 d3
9 6 ,8 5 5
3 9 6 ,1 7 8
3 8 7 ,9 5 9
6 6 ,3 7 1
J u ly 1 to Sept. 3 0 —
Phila. & E r ie ......... b .S ep t.
5 1 5 ,1 5 5
4 4 7 ,9 5 2
1 9 2 ,7 5 2
151,8 4 7
1 7 3 ,8 1 3
1 2 3 ,9 3 9
J an . I to Sept. 3 9 . . . 1 ,0 9 9 ,1 6 6 1 ,1 8 3 ,L33
J an . 1 to Sept. 3 0 . . . . 3 ,2 2 0 ,8 3 1 3 ,1 5 7 .0 2 0
9 2 5 ,3 6 3
8 4 8 ,3o8
T erre H a u te A L o g a n .—
Phila. A R e a d in g ....S e p t. 2 ,0 2 4 ,2 7 5 _____
1 ,9 4 1 ____
,7 5 8
9 8 1 ,9 5 2
8 2 8 ,7 8 2
6 3 ,4 0 7
2 7 ,9 3 7
1 5 8 ,1 8 0
J u ly 1 to S ep t. 3 0 . . . .
1 9 1 ,6 7 4
Jan . 1 to S ept, 3 0 ....1 5 ,2 5 6 ,6 6 5 1 5 ,1 9 8 ,3 9 5 6 ,4 4 4 ,3 6 0 6 ,3 1 3 ,9 7 8
4 4 2 ,3 8 5
1 1 2 ,5 8 5
5 5 ,2 5 1
4 6 7 ,1 7 5
J an . 1 to S ep t. 3 0 ---J u ly 1 to S ept. 3 0 . . . 5 ,8 2 9 ,4 0 8 5 ,3 8 1 ,5 8 9 2 ,6 8 4 ,7 8 3 2 ,5 5 5 ,4 7 6
In d ia n a & L ak e M ioli.—
Coal A Iron Co-----Sept. 2 ,4 2 1 ,8 1 1 2 ,1 7 1 ,4 1 1
8 6 ,6 0 7
105,6 2 2
1 .9 6 4
2 1 ,8 8 4
2 0 ,7 9 3
1 ,9 9 7
J u ly 1 to S ep t. 3 0 ----Jan . 1 to Sept. 3 0 ___ 1 5 ,6 9 1 ,3 1 6 1 6 ,1 6 8 ,8 3 1 d f.2 11,001 d e f.3 1,740
5 1 ,2 9 7 d ef. 1 ,6 8 0 def. 6 ,3 5 3
5 3 ,3 3 7
Jau . I to Sept. 3 0 —
l
J u ly 1 to S ept. 3 0 . . . . 6 ,6 2 5 ,6 6 5 5 ,7 9 2 ,8 3 9
3 5 5 ,4 4 7
2 3 6 ,3 5 3
T erre H au te A P eo ria —
T otal both Co’s ....8 e p t , 4 ,4 4 6 ,0 8 6 4 ,0 1 3 ,1 6 9 1,068,5.59
4 ,8 0 3
9 3 4 ,4 0 4
2 1 .3 5 3
1 1 6.653
9 4 .4 3 6
J u ly l to 6ept. 3 0 . . .
Jan . 1 to Sept. 3 0 ....3 0 ,9 4 7 ,9 8 1 3 1 ,3 6 7 ,2 2 6 6 ,2 3 3 ,3 5 9 6 ,2 8 2 .2 3 8
8 ,2 3 2
8 ,5 7 7
2 8 6 ,5 3 l
2 9 3 ,7 6 3
J au . 1 to S ep t. 3 0 . . . .
J u ly 1 to Sept. 3 0 ....1 2 ,4 5 5 ,0 7 3 1 1 ,1 7 4 ,4 2 8 3 ,0 4 0 ,2 3 0 2 ,5 9 1 ,8 2 9
E a st St. L. A C aroud’t —
R eading Comp’n y .S ep t................... ......................... .
2 8 ,4 4 6
2 8 ,4 4 6
5 ,0 0 9
1 9 ,3 1 2
17,7 1 2
8 ,2 1 7
J u ly l to Sent. 3 0 . . .
J u ly 1 to Sept. 3 0 .....................................................
8 7 ,1 3 4
8 7 ,1 3 4
1 2 ,7 1 2
19,491
5 5 ,8 2 9
5 5 ,5 0 0
J an . 1 to S ep t. 3 0 ___
T otal allC oinpan’sS ep t................. ............................ 1 ,0 9 7 ,0 0 5
232
9 6 2 ,8 5 0 T e x a s Jeutral ........ Aug.
6 79
1 8 ,1 1 0
1 8 .3 0 8
J u ly 1 to S ept. 3 0 ............................
.............. 3 ,1 2 7 ,3 6 4 2 ,6 7 8 ,9 6 3
1 0 ,0 5 4
1 4 0 ,3 7 2
1 0 ,0 5 2
Jau . 1 to A ug. 31 . . .
1 4 5 ,4 0 5
P h il. B ead. A N .E ug.Sept.
6 6 ,4 7 0
6 5 ,4 6 5
2 8 ,4 6 3
23,7 7 4 T oledoA O hio C ent. b S ep t.
4 0 ,0 8 5
1 5 5 ,0 5 6
4 2 ,0 1 7
1 2 7 .6 9 9
Jau . i to Sept. 3 0 . . . .
4 6 9 ,6 3 2
5 1 3 ,4 6 3
1 7 0 ,5 4 9
1 5 0 .9 .4
3 6 7 ,1 2 2
3 2 4 ,7 6 3
Jan. 1 to Sept. 3 0 . . . 1 ,1 7 7 ,3 5 9 1 ,3 2 5 ,7 0 9
Ju ly 1 to Sept. 3 o . . . .
1 8 1 ,7 7 5
1 8 5 ,6 6 2
7 4 ,0 7 2
5 8 .8 8 5
9 0 ,4 4 L
1 0 8 ,4 2 9
3 5 1 ,6 6 0
4 5 2 ,9 9 8
J u ly 1 to S ep t. 3 0 ----P hila. Wilra. & B a lt.S e p t.
8 1 0 ,3 9 0
7 7 4 ,2 9 0
2 3 8 .7 6 6
2 7 ,5 0 2
2 5 0 ,9 6 6 T ol. P eoria A W est.b ..O ot.
3 4 ,9 1 9
1 0 0 ,2 3 6
9 2 ,1 9 5
N ov. 1 to Sept. 3 0 . . . . 7 ,9 9 3 ,1 4 9 8 .3 1 0 ,1 4 9 2 ,1 8 2 ,9 8 6 2 ,1 6 4 .1 8 6
2 0 #.384
2 1 6 .5 35
7 6 6 .7 3 5
8 0 2 ,7 7 0
Jan . L to Oot. c l ........
P itts. C. C. A St. L .. .O ot. 1 ,4 2 9 ,0 8 2 1 ,2 3 4 ,4 4 4
3 1 0 ,^ 4 6
8 5 .8 9 8
J u ly l to Oct. 3 l. . . .
3 2 3 ,7 5 8
1 0 2 ,1 8 3
4 1 7 ,4 4 5
2 6 5 ,6 19
Ja u . 1 to Oct. 3 1 ........1 2 ,1 9 6 ,4 1 5 1 2 ,1 1 0 ,0 6 3 3 ,7 8 2 ,6 4 9 3 ,1 8 0 ,6 1 5 T ol. St. L. A K an. C ity a 9 7,314
6 4 ,7 8 5
P itts. L is. A W e s t...S ept.
4 ,0 1 6
4 ,0 7 3
6 0 3 ,5 9 7
5 7 4 ,1 7 6
J u ly to S^pt. 30 . . .
1,830
1, L99
J au . 1 to Sept. 3 0 . . . .
3 2 ,0 7 2
2 1 4 ,4 8 2
2 7 0 ,0 4 5
J an . 1 to 8 ep t. 3 0 ----- 1 ,6 4 2 ,9 2 2 1 ,5 4 4 ,3 9 4
3 1 ,9 6 8
9 ,6 5 2
d ef.9 6 0
P ittsb u rg A W estern.Sept. 2 8 6 ,7 9 2
2 1 8 ,7 2 5
8 1 ,0 8 8
7 6 ,7 7 0 U lste r A D ela w a re—
Jan. 1 to Sept. 3 0 . . . . 2 ,1 6 7 ,3 3 2 2 ,1 8 2 ,3 2 2
5 3 ,7 3 4
4 7 ,0 7 8
1 4 1 ,5 6 8
1 4 1 ,5 3 1
J u ly 1 to -lept. 3 0 ----6 3 6 ,2 1 8
7 1 9 ,2s6
J u ly 1 to Sept. 3 0 . . . .
8 3 6 ,0 4 4
9 3 ,3 1 3
3 1 0 ,1 0 3
3 1 3 ,0 0 1
7 6 ,3 8 8
7 4 3 ,1 0 3
J a n . 1 to S ep t. *0---2 3 6 ,3 1 8
2 7 905
P itts. Y oungs. A A . . .O ot.
1 6 8 ,5 8 4
1 1 7 ,5 3 3
U n ion P a c ific —
6 0 ,4 6 9
3 5 ,6 8 8
Jan. 1 to Oot. 3 1 ........ 1 ,2 3 0 ,7 6 6 1.2 L7,2 25
5 6 2 .2 2 5
7 5 4 ,0 5 4
U nion Pao. R y .b .Sent. 1 .7 6 2 .2 3 3 1 ,4 2 3 ,2 3 1
4 8 7 ,8 6 3
4 1 4 ,0 5 4
Jam 1 to Sept. 3 0 ..1 1 ,5 0 8 ,6 3 9 1 0 ,1 1 9 ,2 7 3 4 ,0 7 5 ,3 ) 4 3 ,6 3 3,765
Proap. Pk.A Coney Isl.—
1 ,7 6 4
8 0 .3 0 0
J u ly 1 to Sept. 3 0 ___
6 1 ,4 7 0
3 6 ,8 1 1
2 2 ,5 7 5
8 7 ,9 5 1
Cent. B ran ch .b . .Sept.
3 5 ,7 0 2
2 8 ,3 0 9
Jau. 1 to Sept. 3 0 —
1 2 7 .5 44
1 3 3 ,5 3 0
1 3 1 .3 0 4
3 0 7 ,2 6 3
4 4 7 ,8 8 4
1 9 4 ,3 1 5
J au . 1 to S ep t. 3 0 .
2 7 ,3 >1
2,1 3 6
Atoii.
C.
A
Pac.
/
h
a
Arif
Rich. Fred. A P o t...S e p t.
5 3 ,2 0 4
5 0 ,1 5 4
4 59
17,0 1 3
3 1 ,7 0 7
5 6 ,0 9 5
11,61.8
13.301
A t.Jew .C . AW . ^ b -S 0 i,c*
Jan l to Sent. 3 0 . . . .
5 3 3 ,6 5 6
5 3 9 .0 3 9
1 7 8 ,6 1 5
1 5 0 ,2 6 9
5 9 ,3 2 6 d e f .2 7 ,7 1 9
2 3 4 ,1 1 5
3 7 3 ,4 9 2
Jan . L to Sept. 3 0 ..
J u ly 1 to Sept. 3 0 . . .
161,3 0 9
1 5 2 ,3 5 6
5 6 ,5 2 2
4 3 ,7 3 6
8 8 2 ,0 1 7
5 9 i,9 L9
G rand to ta l.b ...S e p t. 2 ,0 IS.4L7 1 ,6 3 0 ,9 2 0
Bioli. a P etersb u rg .S ep t.
2 6 ,8 2 7
2 4 ,6 5 3
1L .120
4,1 9 9
7 2 ,9 3 6 3 ,8 7 2 ,7 2 0
Jau . 1 to Sept. 3 0 . . 1 3 ,7 0 8 ,0 1 9 1 1 ,6 9 6 ,8 7 2 4 ,7---------Jan. 1 to Sept. 3 0 ___
2 5 6 ,7 51
2 6 0 .3 0 4
8 3 ,8 6 9
71.9 8 6 U n. P. D. A G ulf b ..S e p t.
7 0 .2 8 7
1
1
2
,9
7
1
3
2
3
,4
8
2
2
5
7
,9
4
1
J u ly 1 to Sept. 3 0 ___
7 8 ,2 3 2
2 5 ,6 4 9
2 4 ,0 9 6
3 8 8 ,0 5 3
5 7 5 ,9 4 1
Jan. 1 to Sept. 3 0 . . . . 2 ,4 5 6 ,9 5 3 2 ,1 7 0 ,8 0 8
Rio Gr’nde South ..b .S ep t.
3 1 ,6 8 3
9,**10
16,603
Jan . 1 to Sept. 3 0 . . .
27 1,182
9 7 ,8 4 9
1 3 3 ,3 7 5 V erm on t V a lle y J u ly 1 to Sept. 3 0 . . . .
2 5 ,4 5 2
9 5 ,6 4 6
2 7 ,5 3 7
5 9 .3 3 4
1 1 9 ,3 6 9
6 1 ,3 8 5
3 0 ,3 7 0
J u ly 1 to Sept. 3 0 ----5 0 ,6 8 2
4 7 ,8 1 7
1 5 0 ,7 6 8
4 5 , >75
1 5 3 ,0 1 3
Rio Grande W est.b .S
ep..t.
J au . 1 to Sept. 3 0 . . .
___
3 0 1 ,5 7 0
2 1 0 .5 7 4
1 1 5 .0 7 2
6 9 ,5 7 4
Jail. 1 to Sept. 3 0 ___ 2 ,0 6 7 ,3 0 0 1 ,7 4 3 ,5 0 5
3
3
6 ,3 3 2
3 9 8 ,3 5 7
W abash, b ........ ........Sept. 1 ,2 0 2 ,5 0 8 1 ,0 8 0 ,0 3 0
7 7 9 ,6 9 3
589,7 5 1
J u ly 1 to Sept. 3 0 ..« . 8 9 3 .3 0 5
6 3 5 ,1 7 0
J an . 1 to Sept. 3 0 __ _ 8 ,7 8 4 ,0 5 3 8 ,9 >7,982 2 ,8 2 2 ,5 3 4 2 ,4 4 1 , '4 6
3 5 6 ,1 7 2
2 0 6 ,3 9 8
1
,0
0
4 ,3 7 a
J u ly 1 to S ep t. 3 0 . . 3 ,3 9 1 ,3 2 4 3 ,1 6 8 ,7 3 3 1 ,1 7 5 ,6 4 6
Bt. Joa. A Gd. Ia l-b .. 8 ept.
1 0 9 ,0 6 5
6 9 ,4 4 4
5 0 .1 5 7
25,7 4 2
Jau . 1 to Sept. 3 0 . . . .
8 1 8 ,0 1 4
. 2 7 ,2 5 1
4 8 0 ,3 0 1
2 0 ,6 0 3
3 7 ,1 6 1
32,4 0 3
3 1 4 ,2 6 8
1 0 7 ,7 7 2 Waco & N o rtk w ’n ...S e p t.
J u ly l to Sept. 3 0 ___
3 1 4 .8 9 0
7 0 ,0 6 4
6 4,962
1 9 2 ,0 9 6
1 7 4 ,2 0 8
Jan . 1 Co Sepc. 3 0 . . .
1 0 1 ,2 0 8
1 4 1 ,3 4 3
6 3 ,1 1 5
8 t. Louis A San F r..S ep t.
6 2 5 ,1 1 1
5 4 1 ,5 2 0
3 0 5 ,6 3 3
2 5 9 ,7 8 0
W alkill V a lley —
.Tan. 1 to Sept. 30 . . . 4 ,6 4 1 ,3 0 9 4 ,4 6 4 ,6 4 1 1 ,8 9 9 ,6 2 5 1 ,7 6 4 ,1 6 0
1 0 ,8 3 4
4 7 ,1 3 7
1 4 ,8 6 3
J u ly 1 to S ept. 3 0 ----4 8 ,0 8 1
♦July 1 to Sept. 30 . . . 1 ,7 6 8 ,9 1 3 1 ,5 4 5 ,9 8 5
2 4 ,0 6 1
2 5 ,2 1 7
1 2 8 ,3 2 0
J au . 1 to SepC. 3 0
1 2 5 ,9 3 6
8 0 1 ,3 1 5
7 1 1 ,2 7 6
Roads.

- Gross E a rn in ff8 .
18 9 6 .
18 9 7 .
$
1 4 ,0 4 4
........
1 0 1 ,2 9 5
2 3 ,9 8 8
3 ,2 4 5
2 ,9 6 7
2 1 ,0 5 6
2 1 ,4 0 6
6 ,0 6 0
6 ,7 7 6

i:l!

-N e t E a r n in g 8.1896.
1897.
9
$ .
7 .0 1 3
—
5 1 ,1 8 8
1 5 .6 1 6
391
347
2,6 6 3
4,1 0 5
835
1,1 L5

THE CHRONICLE

N ovember 20, 1897,]
— d ro ss E a r n in g s ,
1897.

1896.

2 5 5 .8 4 9
2 ,0 6 1 ,7 9 1
,5 6 ,3 6 9
4 1 3 ,8 0 0
X 4 3 .X 4 7
3 6 ,5 1 1
2 3 5 ,3 6 6
7 0 ,0 1 3
3 2 3 .7 3 1
2 ,3 .i2 ,U 7
9X 5.4 .30
4 3 3 ,9 1 0
3 , 2 9 1 ,1 5 8
1 ,3 4 5 .8 1 5

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

R o l l 'l l .

W . J e r s e y * S ea a h ’ e .S e p t .
J a n , 1 to S ep t. 3 0 . . . .
f f e s t 'n o ( A la b a m a .. S e p t .
J a n . 1 t o -Sept. 3 0 —
J u ly X to S ep t. 3 0 . . . .
W . V i r g i n ia * P ls t a b , A u g :
J a n . 1 t o A m t. 3 1 . . .
J u l y 1 t o A u g . 3 1 -----W e s t. Jf. Y .& P e u n .b .S e p t .
J a n . 1 to S ep t. 3 0 —
J u ly X to S e p t. 3 0 . . .
W is c o n s in O e a t r a lb .S e p t .
J a n 1 t o S e p t. 3 0 —
J u l y X t o S e n t . 3 0 ----W rlK U tsv. .It T a n a * . A u g .
J a n . 1 t o A u g. i s -----J u ly x to A u g. >l . . .
Y o r k S o u t h e r n .......... S e p t .
J a o X to d e p t J o ...
J u ly l to S ep t. 3 0 —

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

291.312
2 ,2 4 5 .6 6 6
6 5 0 ,1 2 2
3 7 0 ,5 8 3
3 ,2 2 8 ,1 6 7

1,201,606
8,503
5 8 ,0 2 3
1 3 ,2 5 5
6 ,7 3 5
H .6 1 6
1 9 ,2 7 1

-<Ye< E a r n i n g s —
1897.
1896.
$
#
4 9 ,4 5 9
7 3 .3 7 0
5 5 8 ,1 9 5
5 9 1 .0 8 6
2 6 ,5 3 3
2 4 ,5 0 2
1 6 5 ,1 7 3
1 2 8 ,8 4 6
4 8 ,7 3 3
4 9 ,6 1 4
1 9 ,1 1 5
2 0 ,8 6 0
1 1 3 ,3 7 1
1 2 9 ,6 3 6
3 6 ,2 0 9
3 ,3 3 6 9
1 1 2 ,0 0 1
1 1 5 ,8 76
7 3 0 .5 7 0
■683361
3 5 1 ,2 3 7
3 8 3 ,7 4 2
1 2 2 ,5 3 3
2 2 0 .5 0 1
9 7 2 ,4 5 3
1 ,2 0 5 ,8 t o
5 9 9 ,3 5 5
4 7 3 ,5 8 9
1 .7 7 6
2 ,2 5 5
1.3,4 51
2 3 ,1 0 5
3 551
5 ,1 9 0
3 ,1 7 1
2 ,9 2 7
1 6 ,9 5 2
1 6 .8 7 7
7 ,6 3 8
8 ,7 2 0

a. N o t e a r n i n g s h e r s g i v e n a r e a f t e r d a d a e a n g t a r e s ,
b N et e a r n in g s h e r e g iv e n a r e b e fo r e d e d u c t in g ta r e s ,
e D e d u c t in g o t h e r e x p e n d it u r e s t o r r e p a i r s .t e p t a o e m e n t s a n il g e n e r a l

s * u e n * e « ,n e t Incom e a p p lica b le to In terest ou bonds In B eptem ber w as
* 6 6 , 0 9 3 . a g a in s t 6 1 5 4 ,2 3 0 la s t y e a r , a n d f r o m J a n u a r y 1 t o S e p t e m b e r
3 0 , * 1 , 0 8 2 ,2 3 7 , a g a in s t * 9 7 3 ,0 0 1 . 't h i s Is th e r e s a i l i s M e x ic a n d o lla r s
tr e a te d (a c c o r d in g to th e c o m p a n y ’ s m e th o d o f k e e p in g its a c c o u n t s !
a s e q u i v a l e n t t o 3 0 c e n t s l a U n it e d S t a t e s m o n e y — t h a t U . a ll d a p r e o i
• tio n o e v u a d 2 0 p e t c e n t h a s a l r e a d y b e e n a l lo w e d f o r .
I F ig u r e s a r e g i v e n e r o i u s t v e o f r e s u l t s >u O r e g o n R a il w a y A
N a v ig a t io n , O r e g o n S h i r t U n e * U ta h X c t t h 'a , S t J o * . A (Jr. r * !a n d ,
U n io n P a c t ilc D c a v e r A W a if, E o n W o r t h A D e n v e r C i t y , L e a v e n w o r t h
T o p e k a A S o u t h w e s t e r n , M o n t a n a U n io n a n d K a n s a s O il y .6 O m a h a .
« A f t e r a l lo w i n g f o r o t h e r i n c o m e r e c e iv e d , t o t a l n e t f r o m J u l y 1 t o
B e p t e m b e r 3 0 w a s ,* 1 1 6 ,0 1 9 . a g e m a t $ 1 5 5 ,3 7 2 .
1 I n c lu d e * b e s id e s A t l a n t i c S y s te m th e M o u s t o u A T e r n C e n t r a l ,
A u s t in A N o r t h w e s t e r n , C e n t r a l T e x a s A N .r t h w e s t e r u a n d F t. W o r t o
A N e w O r le a n s .
* F i g u r e s f o r J u l y a n d A u g u s t in c lu d e A t T . A 8 . F e , H a l f O o l. A San*
t o F e , .S anta F e i ’ aetfti* ( o ld A t l a n t i c A P a eltU b a n d d o . C a li f o r n ia B y .,
b u t n o t S o n o r a B y . a n d N . M . * A r t i s a n , w h ic h p r e v i o u s t o J u l y h a d
b een , in e i u d e d f F o r d o p i 1 8 9 7 , t a r e s a n d r e n t a l# a m o u n t e d t o # 1 4 0 J31 4 . a g a i n s t
$ 1 3 1 ,3 1 6 , u n d f r o m J u l y 1 t o S e p t . 3 d * 1 2 2 ,6 2 0 , aga in st. # 5 3 5 ,5 1 8 ,
a f t e r d e d u c t i n g w h ic h , n e t f o r S e p t ., 1 8 9 7 , « e
3 9 2 4 ,2 6 5 , a g a i n s t
# 7 0 1 ,5 6 1 . F r o m J u l y 4 t o S e p t , .to n e t , a f t e r d e d u c t i n g to w n s a n d
r e s t a t e , U # 2 , 0 2 8 ,5 9 7 , a g a i n s t # 1 , 6 3 3 , 2 1 3 .
t I n c lu d e * C h e s a p e a k e O h io A S o u t n w e s t e r a , f r o m J u l y 1 , 1 3 9 7 . a n d
O h io T a ll e y f r o m A u g u s t 1 , 1 8 9 7 .
4 I n c lu d e s t u o a g o d u r t l n g t u n . « N o r t h e r n f o r b o t h y e a r s .
4 In c lu d in g in c o m e fr o m fe r r ie s . A c .

.H l s c o U a o c o o s C o m p a a t e s ,
-N e l E a r n in g ! .
1896.
1897.
f
#
1 1 ,0 3 6
1 2 ,3 0 6
Q nlvkm Sm n M m C o .
5
7 ,6 6 5
5
3
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1
2
0
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3 ,0 1 3
3 .8 2 0
C o n s u l, l i a s C o .. S , J .D C t.
3 9 ,1 6 2
4 2 ,9 4 4
........
J a n . 1 t o D o t. 3 1 ------2 8 .7 5 4
3 0 ,2 3 5
6 9 ,3 6 6
6 3 ,5 5 1
E d . E l. Ill- V o .. B k ly n S e p t
2 5 5 .0 8 5
5 8 6 ,6 3 4
2 3 3 ,0 0 5
6 3 1 ,0 8 6
J a n . i to S e p t . 3 7 . . .
7
7 .4 7 5
9 1 ,3 9 0
1 9 3 ,8 2 6
E d is o n E U l .C V .X .Y .O c A ..
2 1 4 ,5 8 1
7 3 7 ,3 0 8
8 5 7 ,2 5 1
J a n . 1 t o O c t . 3 1 ......... 1 ,9 5 8 ,3 3 5 1 , 7 7 5 ,0 8 3
1 7 ,5 0 3
1 4 ,4 1 7
. , . . .
...* . . .
E d is o n K l.f i .C o 8s L A d * .
3 0 6 .2 3 3
1 7 3 ,0 ) 1
J i*a. 1 t o A u g . 3 1 . . .
* * • «..* «
1 0 ,7 0 5
1 0 ,8 1 2
Q r a n d R a p .C a s -C o - S e p t .
8 1 ,3 7 5
8 8 ,9 0 1
........
J m u . 1 t o rMSjpt. 3 0 . . .
2 ,2 7 0
2 ,3 8 3
1 2 ,3 1 7
1 3 ,7 1 3
........
M%r* I. t o O e f .
7 2 ,1 7 5
8 6 ,2 0 8
L a c b id c O m - L l o ___ O o t.
5 9 0 ,4 3 8
6 6 3 ,7 4 9
........
........
J a a . 1 l a O o l 31.* . . .
2 ,3 2 0
3 ,7 3 7
M A& iaaa €§»* & B le « -8 e p t .
1 5 ,9 7 1
2 1 ,2 3 3
A p r il l to S e p t. 3 0 . . .
.. .....
4 ,2 8 1
4 .8 3 7
1 0 ,3 3 l
M a x lc a a
a o .. S o p i
1 0 ,7 1 0
2 0 .4 7 5
2 8 ,0 7 4
7 1 ,3 6 4
M ar* -1 t o S oplf. 3 0 .
:
7 3 ,6 7 3
* 3 ,0 3 4
4 2 2 ,4 3 0
1 1 7 .8 5 8
O m m n im p * C c m i . S a p t.
3 6 0 ,3 6 0
2 4 1 ,0 2 5
6 1 5 .5 9 1
J a a . i t o S « p l , a v . . . . 2 ,0 0 4 ,5 3 8 2 , 4 1 3 , 1 7 9
2 JO, 17
6 5 6 ,3 3 0
D e e . 1 t o S e p t- 3 «j . . . » 3 ,15.1,.} 44 2 ,8 8 3 ,5 0 7
2 8 ,7 6 4
2 7 0 ,1 7 7
.
3 0 7 , 5 0 ’> it* f, 1 ,8 9 1
3 8 1 ,1 4 1
6 1 4 ,3 5 4
3 AO. 1 t o S o p t 3 0 . . . 3 , 2 1 6 , 7 / 4 2 ,0 1 8 * 1 0 4
2 1 8 ,1 8 3
M m i t o S e p t. 10 . . . 1 ,6 8 1 ,4 3 2 l , 5 3 5 , 4 S t * 33*2,104
..............
2 2 ,8 8 6
2 3 ,8 /4
a t. P a s t O * . l. O r . .O i l
19.1,760
1 0 6 .2 5 .)
J .» o . 1 t o •».!' 3 1 . . .
.'>0,50 3
...
4 0 ,1 5 1
T©in*. U o i i l A H U . -O o f,
6 3 2 ,6 12
4 0 3 ,0 3 0
a ....-..
4 AH* 1 l o OOi* 3 1 . . . . »
M m 00**-*
4 6 ,4 0 6
4 9 .6 1 3
........
MI.I- w m uM m ($ m -L C o , O o t. . . . . . . . . .
3 1 6 .2 7 9
3 8 0 ,3 7 1
3 *tt, 1 i c r O o i. S i . . . .
*—

f 4 t# r«d

U t ir g -ts

O r e ls E a r n i n g s .
13 18.
1697.
*
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.... ...

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t d d t d o o co tlta ir g r o ss a m i
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g iv e n id t it> f o r e *
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1896
1397.
1
• 8" 9* 7"
1896
#
$
2 5 ,5 0 4
1 2 ,9 8 7
2 3 ,0 8 2
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-lapft,
1 4 ,0 3 8
1 6 ,3 *o
3 8 ,9 6 1
5 3 ,0 0 i
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<
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8 7 0 ,2 0 1
1 ,1 4 2 ,5 9 3
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S fO *0 #O
S u i t 1 '%® Swpl* 3 o . . . . 2,,0 7 0 ,0 0 0 2 , 8 2 8 , 6 0 5 2 , 1 2 7 , 7 5 3 1 ,0 3 5 ,0 .1 2
1 0 ,3 5 7
.«*.•••*
O k ie . i*#o. A S i L . .8 a p t ,
5 ,3 7 4
4 4 ,0 5 0
J u ly l t o S ep t, 3 0 . . .
1 7 ,9 2 4
1 1 ,1 0 2
1 1 ,2 5 2
3 5 ,8 5 1
k i€ . * W i S M h , .. S # p l .
3 4 ,3 7 4
3 O S .1 8 0 d e f .7 4 ,2 4 9 d o f .7 1 .i U J
J m n . 1 l a S a p i, 3 0 . . .
3 1 0 ,1 1 1
2 8 ,2 2 8
O ku*. A U tit f.,§ # p | .
1 9 ,0 9 0
1 1 1 ,6 6 .)
2 0 3 ,0 0 0
S fa r , 1 t o Btopgs S o , .*
5 2 ,7 7 7
4 5 ,4 1 0
2 9 8 ,7 9 3
( M e t. O la , 0 a . a S t. L.s©pfe,
2 4 5 ,7 5 9
1 2 6 ,1 0 7
1 1 6 ,0 4 0
7 2 4 ,5 5 0
7 0 3 ,5 1 1
S illy I t o Sept., 3 0 . . . .
3 ,0 4 1
3 6 ,8 0 2
2 ,3 9 9
f*00FiA A B m & W m , . S # p l.
3 0 ,8 0 2
d e f . 2 , 1 4 ) d e l.1 0 .7 7 8
1 1 0 ,4 0 3
J a l y l l o M ep l, 3 0 - . . .
1 1 0 ,4 0 5
1 2 ,6 6 0
8 7 ,3 0 7
2 0 -1 ,5 0 2
2 0 0 ,5 1 0
f H & t e t A Ru»
1 7 2 ,0 7 4
3 9 3 ,9 7 9
5 8 1 ,9 4 9
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3*>,. . .
5 3 9 ,9 1 1
d e f .3 ,4 4 3
1 6 ,8 6 7
D o c , OWL Bm p. A W e^ t.S ® pi.
1 6 ,0 0 1
1 6 ,1 8 0
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1 * 3 ,7 5 3
....,* « ♦
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0

971 ,
Is, lie . ------- *—B a t , o f N e t E a r n ’o s

1897.
R oads.
#
F l i n t A P e r e M a r q . .S e p t .
5 3 ,3 8 7
J a n . 1 to S ep t. 3 0
4 7 9 ,6 >2
K a n a w h a A M lo b ... S e n t .
1 1 ,6 7 2
J u l y 1 t o S e p t . 3 0 ___
3 4 ,5 6 2
K a n . O. F t . 8 . A M . . . S e p t .
1 1 3 ,7 8 8
J u l y 1 t o S e p t . 3 0 ___
3 4 5 ,9 8 1
K a n . 0 . M e in . A B lr .S e p t .
1 5 .9 7 3
J u ly 1 to S ep t. 3 0 . . . .
4 8 ,9 4 7
L. E r i e A W e s t 's ------S e p t .
6 0 ,4 0 8
J a n . 1 to S ep t. 3 0 . . . .
5 4 9 ,2 6 3
M o. K an sas A Texas —
J illy 1 t o S e p t . 3 0 —
8 5 6 ,9 3 2
N a a h v .C h a t. A S t . L . .. O o t .
1 3 0 ,5 6 6
J u ly 1 t o O c t , 3 1 . . . .
5 1 3 ,7 3 5
P h il a d e l p h i a A R e a d i n g A ll c o m p a n i e s . . . . S e p t .
7 4 5 ,0 0 0
J u l y 1 t o S e p t . 3 0 . . . 2 , 2 3 5 .0 0 0
P it t s . 0 . 0 . A S t . I .. .. O a t ,
3 2 7 ,4 2 6
J a n . i t o O o l. 3 1 _____ 2 , 6 2 3 , 4 8 6
R io G r a n d e S o n t h . . .S o p h
1 4 ,1 4 0
J u ly l to S ep t. 3 0 . . . ,
4 3 .4 7 0
S a n F r a n . A S o . P a o .. O o t .
1 9 ,0 0 4
J u ly 1 to O ct. 3 1 .
7 6 ,0 1 6
T e n a . c o a l f . A R i t . O o t.
4 7 ,7 7 7
J a n . 1 to O u t 3 t . . . .
4 7 7 ,7 7 0
T a le d ia A O .O e n t — S e p t
3 7 ,2 1 2
J u ly 1 to s e p t 3 o
1 1 5 ,5 7 1
T o l . P e o r ia A W e s t , O o t.
2 2 ,3 7 3
J u l y l t o O o t . J l ........ *
8 9 ,4 9 1

1S97.
$
2 6 ,1 2 5
3 4 .9 1 1
d e f .2 .0 1 4
* 4 ,8 5 1
4 7 ,3 6 6
7 2 ,5 9 4
1 ,9 5 9
d e l . 5 ,1 6 3

1896.
$
5 1 ,6 0 0
4 6 1 ,4 1 4
1 0 ,4 7 5
3 0 ,8 3 2
1 2 1 ,1 5 5
3 4 9 ,3 6 1
1 6 ,0 4 1
4 9 ,0 1 4
5 3 ,7 1 9
5 2 1 ,6 1 2

9 0 ,1 4 8
5 0 3 ,3 4 4

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

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

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

3 5 2 ,0 0 5
892^381
9 0 ,0 1 9
1 ,1 5 9 ,1 6 3
d o f .4 ,3 3 0
d e f .1 2 ,1 0 0
2 5 ,9 2 8
8 8 ,3 1 7
1 ,6 7 1
d e f .8 ,0 8 0
* 3 ,1 7 1
’ d f . 2 1 ,3 1 5
1 2 ,5 4 3
1 2 ,9 9 7

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

1 2 4 ,9 8 1
4 9 9 ,9 2 4

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

1896.
$
8 ,7 1 9
2 8 ,8 8 0
d e f .2 ,1 5 8
* d e f .7 ,8 7 1
1 3 ,3 4 1
2 2 ,2 3 0

• A ft e r a llo w in g t o r o t h e r I n c o m e r e o e lv e d .

St’BEBT it&tLVr U S AND TRACTION COHPASIES.
The following table shows the gross earnings for the latest
period of all street railways from which we are able to ob­
tain weekly or monthly returns. The arrangement of the
tab e is the same as that for the steam roads—that is, the
ilrst two columns of figures give the gross earnings for the
latest week or month, a .<1 the last two columns the earnings
for the calendar year from January 1 to and Including suoh
latest week or month.
STREET

R A IL W A Y S

AND

T R A O T rO N

L a ir > t d r o s s E a r n i n g s .
U lio s s
E ilt H W O *.

j W eeto o rM o i
- -

1897.

1896.

C O M P A N IE S .
f u n . ! lo L a t e s t D a l e .
1897.

*
*
$
A k r o n I lc .lfM A O lo v 'O c t o b e r . .! 1 0 .0 6 0 1 0 6 6 2
8 7 ,4 5 3
A m s t e r d a m S t. R y . . . B e p t e m b ’ r.
4 .3 0 7
3 910
36 583
A t l a n t a R a ilw a y . . . . 'S e p t o m b ’ r . ,
8 ,5 6 6 ;
7 ..3 8 :
6 7 ,t U 2
A l l a n t ie C o a s t E l e c . . O c t o b e r . . .
6 ,2 8 2 '
7 ,7 2 1 !
AW . H ig h I 'd * R a d l l 'k
A t o a g B r . E le e .R y , O c t o b e r ...
3,4'>0
1 ,6 4 0
3 5 ,7 1 0
B a lt im o r e C o n . R y . - ... O c t o b e r . . 195,20 > 1 8 3.616 1 ,0 5 0 .5 8 6
1 7 ,3 4 6
1,747
1.489
B a th S t. R y . (M a in e ) . O c t o b e r . . . '
B a y c a t e s C o n s o l ___ . O c t o b e r , .
6-------,9 3 >
6 ,5 8 0
1 0 ,3 8 5
B l o g h a m t o n S t. R y . . . 'O c t o b e r . . . i 1 1 ,8 7 2
B r i d g e p o r t T r a c t i o n . ( O c t o b e r . . . ! ! 2 7 ,2 2 6 2 3 ,8 4 1
2 6 8 .0 4 9
2 6 6 ,4 2 4
B r o c k t o n C o n . S t. R y . S e p t e m b 'r .. 3 4 ,3 9 4 3 1 ,3 4 8
B r’ k l y o 1 4 a p .T r . C o . B r o o k l v a H e i g h t s . . O c t o b e r . . 3 9 3 , 0 9 9 3 7 0 .1 3 1 1 3 ,8 7 5 ,3 9 2
6 ,4 2 3 6 2 ,5 ttl| 6 2 7 ,s 6 7
I lr ’ k l y n Q u ’ tm A S u b . O c t o b e r . . . 6----------T o t a l f o r s y s t e m .. O c t o b e r . . . 4 5 9 ,5 2 - 4 3 8 ,6 9 8 4,-' 0 1,259
S n l f a l o R a il w a y _____ r t c p te m b T .
...............
.............1 ,0 1 7 ,1 2 9
c n . R y . A E L f N c w B .) J u l y . . , . . . , 2 0 ,5 0 0
1 5 ,7 3 8
........
C i u .A M la m lV a l. f r a a A u g u s t —
9 ,4 7 1
C it y E l e c . ( R o m o .G f t . ) ( O c t o b e r , . .;
2 ,,2 4 '
1 ,5 5 2
1 9 ,5 9 b
C l e v e l a n d E l e c t r i c . . S e p t e m b ’ r . 1 4 9 ,5 0 9 134,1* 2 1 1 1 ,2 0 4 ,3 1 6
7
,0
3
0
!
7 3 ,0 7 4
C lo v e . P a l o s -?. & E .
O c t o b e r ,..!
8 ,3 0 0
1 1 , 7 5 9 ! 5 1 5 ,3 0 5
C o lu m b u s S t. R y . { O . i i U t w k X o v . : 1 1 ,6 8 7
C o n e y I s la n d A B ’ ly
n
.
S
e
p
t
o
a
b
'r
,
2 8 7 ,8 0 8
lyrt. s e p e m o r . ...............
C o n s o ll’ d T r u e .I N . J .) O c t o b e r . - .1 2 6 4 ,3 5 9 2 4 1 ,4 5 3
D a o v .O a * E l. L ig h t &
8.926
S t r e e t R y ..................... O c t o b e r . . .
8 5 ,6 4 4
0.34 ■ 5 ,9 1 4
D a y t o n T r a c t i o n .......... A u g u s t . . . .
5 2 7 ,4 6 2
D e n v e r C o n . f r u u n v . - i s o p t o m b ’ r. 5 8 .0 3 6 6 4 ,2 7 1
D e t r o it C i t r u s ’ S t. R y . 2 d w k N o v . 20,628 1 9 ,6 7 9
8 8 4 ,2 6 9
D e t r o it E le c . R y .......... O c t o b e r . . .
31,723 3 4 ,6 9 5 3 2 0 ,3 8 4
1 5 6 ,8 7 1
1 5 ,7 8 3
1 7 ,0 4 1
D u lu th S t. R y . . ______[ O c t o b e r . . .
1 0 ,Ut>l 1 0 ,0 5 2
1 1 7 .5 0 5
E r ie E le c . M o t o r C o . , jO c t o b e r . . .
1 0 3 ,3 9 a
U a lv e s t o n C it y R y . . . s e p t a in b 'r .i 1 ■‘,5 4
H a r r i s b u r g T r a c t i o n . ( O c t o b e r . . . ( 1 8 ,9 3 0 , 1 7 ,0 5 6
H e r k im e r M o h a w k I 1
2 9 ,7 0 9
3,203
3 ,5 0 9
Ion ,s F ’ k f o r t E l. R y . S e p t e r a b 'r .
6 ,5 4 1
040
619'
K o o sto fc R y ................... O c t o b e r . . .
9 2 ,5 9 5
17,833
H o n s t o n K le o . s t . R y , J a n e .......... 1 7 ,3 1 7
I mtcr-Ht i 'e C o n s u l. •>!
1 0 ,9 5 0
9 , 8 7 1 ! 1 0 3 ,8 2 1
N o r t h A t t l e b o r o ___ O c t o b e r . . .
4 ,1 5 3
4 .5931
4 3 ,7 4 6
K in g s t o n C it y R y . . . . O c t o b e r . . .
0,0371
L e h ig h r b u n i o n . . . . . . O c t o b e r ,. J
9 ,7 2 9 ;
9 1 ,4 6 5
7 3 ,1 1 9
L o u d o n * '. R y .( C a n .) . S e p t o iu b 'r . 1 1 ,0 4 1 : 1 3 ,5 6 2 !
L o w e l l L a w . A H a v . . B e p to u ib ’ r. 1 3 ,0 7 1 ! 3 5 ,7 7 1 ! 3 4 0 ,1 0 3
M e tro p (K a u n a s O lty i 2-1 w k N o v . 30,1*81! 3 0 ,6 8 2 :1 ,6 2 1 ,9 8 2
M e tr o , W . B id e (C iilc o O c t o b e r . . . : 7 9 ,3 2 8
4 ,6 1 0
47,488
3 .9 8 7 '
M o n tg o m e ry S t. it y .. O c t o b e r ...
M o n t r e a l S tr e e t K v . . O e t o b o r — 1 1 6 ,2 9 3 1 0 9 ,1 1 0 1,13 8 ,8 8 3
N a s s a u l-l(eo. i l l 'k l y o , D e lo o e r . . . d o 1 , 2 2 1 1 2 9 ,8 13 1.625,8 i
65.256
9 ,6 6 9
N e w b u r y It K b i c u t e , .. B e p to m b ’ r.
8 ,6 3 7
-17,126
3 ,2 5 5
N e w L o u d o n 8 t , R j -. . O c t o b e r . . . ;
3 , 4 tJ
N e w O r le a n s T r a c t to n (O e t o b o r . . . 8 2 , 6 3 1 1 0 0 ,1 0 5 1 ,0 3 9 ,0 ;5
N o rth S t o r e T r a c t i o n U stovk N ov'. 2 5 ,0 7 1 2 4 ,3 2 5 1,251,629
.6 ,1 7 1
i ,6 7 0
1,102
O g d a n s b u r g a t, R y ...;O o t o lit :r ...
2 8 9 ,8 8 6
3 0 ,8 0 8 2 4 ,0 1 2
P a te r s o n K y .• .............O c t o b e r . . .
1 6 ,842
1 ,2 9 8
P U tob. F i .S u b . E i. R ? J u n e ........
3 ,2 1 s
66,6 1 6
9 ,9 1 »
Pb’ KmtoM e A 'V iip p .F
- ,6'■e p t' « t n b 'r .
9 ,8 la
8 ,4 7
1 2 ,1 1 5
R ic h m o n d T r a c t io n .. [O c t o b e r . ..
589,898
R o c h e s t e r R y , . ........ . J e p t c m b 'r .
'5 ,8 0 0
7*4,740
0 ,6 7 3
K o x T U U h 11 A N >r u O c t o b e r . . .
8 ,4 8 0
87,086
8.52(1
S c h u y lk ill T r a c t i o n .. s e p t e m b ’ r.
2 5 ,5 9 9
5 .3 5 3
s c h t t v Ik ill V s i. t r u e J u n e ...........
3 ,7 2 4
Sorant in A i ’arbond’c Sontom b r.
6 ,3 1 4
Sorauton & F itta to n se p tem b ’r.
296 ,2 0 1 )
3 2 ,1 1 0 3 2 ,2 1 5
S o r a n t b o R a il w a y ___ O c t o b e r . . .
2 7 ,2 4 9
2 ,9 0 1
2, *49
S y r a c u s e K’a t -a ld e K y ( J u t o lio r . ..
3
2
,3
0
i
8 5 4 , -SO
3 7 ,0 0 2
S yra cu se R ap. T r R y. O o to b u r.
1 1 1 ,7 9 0
T e r r e H a u t e E l’ o . Ry . S o p t o m U r , 1 4 ,2 5 9 1 3 ,7 0 5
1 ,9 3 5 ,4 2 5
T h ir d A v e n u e (N .Y .i. B c p t c m b ’ r.

j

1896.

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

1 ,9 0 9 8 4 5
1 7 ,5 9 6
2 7 3 ,0 4 2
2 3 9 .6 9 7
3 , 8 1 5 ,5 8 5
6 0 7 ,4 6 0
4 ,4 2 3 ,0 1 5
1 ,0 2 8 ,6 4 7
" 17*,2 1 7
1 ,2 3 8 ,8 0 6
5 4 1 ,OHO
2 7 3 ,3 0 8

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

161,692
3 2 ,2 7 9
7 ,2 3 3
9 5 ,4 0 3
1 0 1 ,2 8 7
4 5 ,4 3 3

1 0 1 ,3 8 7
7 2 ,5 5 6
3 2 1 ,0 2 1
1 ,5 5 9 ,7 3 0
47,79*4
1 ,0 7 2 ,0 2 9
1 ,2 2 3 .1 9 7
6 9 .3 0 2
1 ,1 1 0 ,9 1 4
1 ,2 5 1 ,9 7 0
1 4 ,8 2 6
2 7 0 ,1 0 1
8 ,0 5 2
6 7 ,7 0 6
652*373
6 7 ,3 8 3

72,816

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

THE CHR0N1CLF.

y 72
G ross
E a r n in g s .
Toronto Ry . . .
...
T w in City Rap. Tran.
Union (V. B ed fo rd )..
U n ited I fac t. (F lits.)
U nited Tract. (Prov.;
U nit. Trao. (Reading)
Wakefield A S tone ...
W aterbary Traction..
W est C hicago »t. Ry
W heeling R a ilw a y ...
W ilkesi). <fe Wy Valley

L a te st G rots E a r n in g s .
Week o r H o 1897.
jO cto b er...

1896.

*
86,404
1 9 1 .1 3 s
21,179
125 28 J
158,930
14.841
4 .9 3 7
2 2 ,4 *
352,281
16, L 7
4 5 ,8 3 6

J a n . l to L a te st rim e1897.

1890.

*
*
9
7 7 ,5 8 r 870,3 3 * 8 1 9 104
2 3 2 ,3 9 7 1 ,4 6 5 .2 -2 l 5 17,736
182, o54 1 8 7 ,4 0 0
10,262
____ . . .
........
121,141
146.9 iv 1,295,826 1,312,000
1 0 7 ,0 6 1 6 4 ,2 4 '
13,472
3 ,7 ' 6
4 0 ,5 8 6
51,186
1 9 8 ,6 J i
*20.34- 2 1 1 ,8 )9
.............
3 3 1 ,6 8 5
....
123,524 120.4 5 7
i4 ,0 o o
41.1 8 1 4 J4,018 4 2 0 ,7 1 5

Septeuib’r.
O c to b er...
O c to b e r...
Septum o’r.
O c to b e r...
O c to b e r...
O c to b e r...
Sepieuib’r.
Septem b’r,
O c to b e r...
• Includes B altliuoie T ractio n and City & S u burban fo r both years.

Street Railway Net Earnings.—la the following we show
both the gras* and the net earnings to latest dices of all Street
railways from which we have been able to procure tnoacaly
returns. As ta the case of the steam roads, the returns of the
different roads are published by us each week as so >n as re­
ceived, and once a month (on the third or the fourth Satur­
day of the month) we brine: all the roads reporting together,
as is done to-diy. Besi ies the roads making monthly returns
wd publish this weak those makiag q un tsrly returns.
.-----Gross E a r n in g s . — ,,---- N e t E a r n in g *.—
R o a d s.

Akron Bo 1 & Olev.-.Oofc.
Ja u . I to Oct. 3 1 . . . . .
A lbany (N. Y.)—
J u y 1 to Sept, 3 0 ....
Ja n . I to Sept. 30 . . .
A m sterdam St. Ry. .Sept.
Ja n . I to Sept. 3 J ...
A tlan ta R ailw ay__ Sept.
Ja n . 1 to Sept. 30 . . .
Atl. Hielfl’dP Red Bank &
Long Br. Elec Ry.-OCC.
Jai*. 1 to Oot. 3 l .......
A tlan tic Coast R y .. .Oct.
B ath St. Ry. (U tine).O ct.
J a n . I to Oot. 3 1 ___
B ay Cities Con.St. Ry.Oct
B ingham ton St R y .-O ct.

1897.
<*

1896.
<z>

1897.
a>

1896.
a,

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

3 ,3 9 6
2 3 ,9 3 3

5 ,0 0 6

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

1 4 9 ,6 5 0
4 1 3 ,98L
3 .9 1 0
3 7,148
7,7 3 8
6 7 ,1 9 8

6 9 ,3 9 3
1 6 8 ,0 )2
1,230
9,o 0 5
2 , ‘ 55
16,997

56,927
1 1 1 ,0 3 4
774
8 ,3 2 9
1,990
16,9 73

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

1 ,6 4 6

1.300
15,446
2,1 8 2
658
6,1 2 2
1.9 14
4.2*39
11,671
1 1 5 ,7 9 7
61.3-i0
15,9 5 4
7 i,8 3 3

182
52 4
323
5,558
2,258
3 ,8 8 6
10.558
1L9.4 >5
5 5 ,5 (3
12,57 *
9 7 ,9 0 2

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

4 9 ,2 3 5
160,668

122.053
4 4 6 ,7 8 6

132,41*2
5 j 1,112

*2.111,892 1 ,1 8 9 .8 7 1
3 ,3 5 1 .1 4 8 3 ,2 9 6 ,0 1 5

4 9 1 ,4 9 2
1 ,3 2 2 ,3 1 4

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

2 0 1 ,8 0 8
J u ly 1 to Sept. 3 0 . . . .
2 0 3 ,2 9 3
J a n . 1 to Sept. 3 0 ___
5 5 3 ,4 1 9
5 3 7 ,9 5 2
B ufialo R ailw ay—
J u ly i to S ep t. 3 0 ___
3 7 8 ,8 7 5
3 4 8 ,0 3 8
J au . 1 to S ept. 3 0 . . . 1 ,0 1 7 ,1 2 9 1 ,0 2 3 ,5 1 7
Central Ry. & E leo. (N ew B ritain!
J u n e 1 to Sept. 3 0 . . . .
7 u ,8 0 0
5 5 ,5 6 8
Oln. <fc Miami V al. Tr. Aug.
9 ,4 7 1
C ity Eleo. (R om e.G adaO ot.
2 ,1 2 4
1 ,5 5 2
J an . 1 to Oot. 3 1 ........
1 9 ,5 9 0
1 7 ,2 1 7
C leveland E le o tr io ..8 e p t.
1 4 0 ,5 0 9
1 3 4 ,9 2 1
J an . 1 to Sept. 3 0 . . . . 1 ,2 0 4 ,2 1 8 1 ,2 3 8 ,8 6 6
Clev. Paineav. <fc E ...O o t,
8 ,3 6 0
7 ,0 3 0
Jan . 1 to Oot. 3 1 ........
7 3 ,0 7 4
Oolumbua (O.)St. R v ..O o t.
4 9 .5 2 3
4 7 ,7 3 6
Jan . 1 to Oct. 3 1 ........
5 0 3 ,6 L8
5 2 9 ,3 0 1
Coney Island & B ’k ly n .—
J u ly 1 to Sept. 3 0 . . . .
1 3 5 ,0 6 5
1 1 4 ,6 6 6
Jan 1 to Sept. 3 0 . . . .
2 8 7 ,8 0 8
2 7 3 ,3 0 8
Oonaol. Traot’n. N. J.Ocfc.
2 6 4 .3 5 9
2 4 ’ ,4 5 3
J u ly 1 to Oot. 3 1 ........ 1 ,0 7 6 ,2 8 4 1 ,0 0 8 .4 2 1
Croaatown St. Ry. (Buffalo) —
J u ly 1 to S ept. 3 0 . . . .
1 3 7 ,6 2 8
1 2 6 ,8 2 1
Jan . 1 to Sept. 3 0 . . . .
3 5 9 ,2 5 3
3 5 3 ,1 7 2
D anv.G as El.-L.<feSt. Ry.O ct.
8 ,9 2 6
J an . 1 to Oot. 3 1 ........
8 5 ,6 4 4
D ayton , O., T rao. . . . . A ug.
6 ,3 4 0
5 ,9 1 4
D enver C on.T ram w .3ept.
5 8 ,0 3 6
6 4 .2 7 1
Jan . 1 to Sept. 3 0 ___
5 2 7 ,4 6 2
5 4 2 ,2 4 3
D etroit C itizena’8t. Ry.Oot.
9 5 ,0 0 1
88.9 7 1
Ja n . 1 to Oct. 3 1 . . . . .
9 1 2 ,2 5 9
8 6 7 ,3 4 8
D etroit E leotric R y ...O o t.
3 1 ,7 2 3
3 4 ,6 9 5
Jan. 1 to Oot 3 1 ........
3 2 6 ,5 8 4
3 5 6 ,4 6 4
D ry Dock E. B. & B a t.—
J u ly i to Sept. 3 0 . . . .
177,6 5 8
1 8 7 ,7 8 5
Jau. 1 to Sept. 3 0 . . . .
5 0 7 ,84 3
5 4 7 ,5 8 9
D uluth S treet Ry . Sept.
16,851
1 8 ,9 7 0
J u ly 1 to Sept. 3 0 ___
5 3 ,5 3 8
5 9 ,8 8 0
Fulton St. R R —
Ju ly 1 to Sept. 3 0 ___
1 9 ,1 0 6
18,6 5 1
Forty-8eo.St.M auh.«fcSt.N.Ave.—
J u ly 1 to Sent. 3 0 ___
1 8 3 .32 0
1 8 3 ,3 0 0
Jan. 1 to Sept. 3 0 . . .
5 1 4 ,83 8
5 3 5 ,2 5 5
G alveston C ity R y..H ept.
18,5 4 2
1 9 ,1 4 8
Jan. 1 to Sept. 3 0 . . .
1 6 3 ,3 9 8
1 6 1 ,6 9 2
H arrisburg T raot’n...O ct.
18,930
17.0 5 6
Ju ly 1 to Oct. 3 1 . . . .
8 7 ,2 8 3
8 5 ,1 3 4

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

88,313
2 0 3 ,7 0 4

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

183,961
5 1 3 , L80

2 8 ,2 0 7
5 ,6 7 0
578
5 .0 1 4
5 9 ,4 1 0
4 2 0 ,0 3 2
3 ,6 8 9
3 5 ,7 9 0
2 4 ,6 34
2 6 5 ,2 6 1

2 0 ,4 1 7

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

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

51,1 8 8
102,2 8 5
1 1 9 .3 7 0
516.2 6 3

4 2 ,3 8 4
1 1 7 ,3 0 6
4 ,1 3 1
3 8 ,7 0 2
3 ,3 3 8
2 1 ,2 9 2
2 1 0 ,1 3 4
4 4 ,8 5 6
4 4 1 ,4 5 3
10 ,5 6 2
1 0 3 ,4 0 7

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

4 ,1 2 0
23,7 2 9
2 0 3 ,5 6 9
4 0 .3 7 5
3 6 0 ,2 2 8
14,3 4 9
113,3 2 6

61.46-9
135,7 0 1
8 ,0 0 7
2 3 ,0 8 3

5 2 ,3 3 1
1 3 9 ,0 4 5
9 901
3 2 ,3 5 9

Bridgeport Traot’n ..Oot.

1 0 ,0 6 0
87, i5 3

6 ,2 8 2
1,4 8 9
1 7 ,5 )6
6 ,9 8 5
10,3 8 5
2 3 ,8 4 1
2 7 3 ,0 4 2
1 2 2 ,5 8 6
3 1 ,3 4 0
2 3 9 ,6 9 7

.U n. 1 to Oot. 3 1 .......
Ju ly 1 to Oot. 3 1.......
B rockton Con.St. Ry.Sepfc.
J a n . 1 to Sept. 3 0 ....
B ’klyn City & N ew tow n—
Ju ly l to Sop'. 3 * ...,
111,8 1 5
1 2 6 ,0 5 0
3 7 1 ,3 6 1
Ja o . 1 to S ept 3 0 __
3 ) 9 ,9 79
Brooklyn E lev ated —
3 7 3 ,2 5 1
J ul y 1 to Sent. 3 0 ___
3 7 2 ,8 3 6
J a n . 1 to Sept c ~
1 ,2 3 6 ,0 5 L 1 ,2 7 9 ,6 0 0
B rooklyn H eig h ts—

H erkim er Mohawk Ilion
A Frank. Eleo.By .Sept.
Jan . 1 to Sept. 3 0 . . . .
In ter-S tate Consol. S treet
R y. (No. Afctleb.) . .Got.
Jan. I to Oot. 3 U . . . .

158
4,035
4 3 .1 1 4
4 3 1 ,3 9 3
2 ,9 6 4

10,9 3 7

8 ,7 6 7

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

3 4 .3 5 1
11 2 .3 42
7 ,6 1 5
6 2 .9 8 7
6 ,3 1-7
3 4 ,7 6 7

[V ol . LXV.

/---- G ross E a r n in g *.—
-.V e t E a r n i n g * . 1897.
1896.
1897.
1896.
R o a d s.
$
&
$
L ehigh T r a c tio n ......... Oot.
9 ,0 5 7
9 ,7 2 9
4 ,4 3 4
3 ,3 6 9
J a n . 1 to Oot. 3 1 ........
9 1 ,4 6 5
10 ,8 5 7
41,8 6 4
4 7 ,2 2 0
4 2 ,5 2 )
J u ly l to Oot. 31
4 4 , *2 4
2 4,804
2 2 ,9 3 5
1 4 ,0 4 1
London 8 t.R y .( ’an .)S ep t.
1 3 ,5 6 2
8 .4 3 1
8 ,3 3 1
78.1L 9
Jan . 1 to S eat. 3 >
7 2 .5 5 0
3 i,0 »7
3 2 ,3 ) 3
4 5 ,0 7 1
L ow ell L w r’ce <fe H Sept.
3 5 .7 7 4
19.9 2 9
1 5 ,0 4 0
J a n . 1 to se p t. 3 0 . . . .
3 4 0 ,1 0 3
3 2 1 ,0 2 4
1 3 5 ,7 9 8
1 3 3 ,3 3 7
M anhattan E le v a te d R y.—
J u ly l t • S ea t. * 0 . . .. 1 ,9 7 0 ,2 3 8 1 ,9 6 0 ,4 9 8
7 0 5 ,5 3 2
7 0 1 ,0 5 2
J a a . 1 to S ep t. 3 0 . . . (6 ,6 9 0 ,4 9 0 6 ,6 4 5 ,1 2 2 2 ,7 3 0 ,2 6 3
M etropolitan St R y.(N .Y .)—
J u ly i to S ept. 3 0 . . . 2 ,2 1 7 ,9 4 2 2 ,1 3 7 ,’ 09 1 ,0 0 3 ,5 9 1
9 1 8 ,1 8 0
J a n . 1 to S ep t. 30 . . . 6 ,6 9 6 ,8 8 2 6 ,1 0 9 ,4 4 1 3 ,0 8 2 ,5 7 2 2,631,51)9
M etrop’n S t.R v.,K .C ..O ot.
1 9 3 ,2 3 7
1 7 0 ,7 0 5
1 0 0 ,0 75
7 8 ,0 4 5
Jail. I to Oot 3 L. . . . 1 ,5 5 0 ,4 7 6 1 ,4 9 7 ,2 1 2
6 9 7 ,8 4 )
6 3 3 ,4 4 5
J u n e l to O ct. 3 1 . . . .
8 5 4 ,5 5 3
8 0 5 ,2 0 0
4.01,3L3
3 5 8 ,2 7 3
M etr W .SideEl /'h io ..O o t.
7 9 .5 28
3 6 ,7 1 9
Mar. L to Oot. 3 1 . . . .
5 3 9 ,7 5 3
2 1 6 ,9 0 2
M ontgom ery St. R y..O ot.
3 ,9 37
1,8 23
4 ,6 1 0
2 .5 2 1
J an . i to O Jt. 3 1 ........
4 7 ,4 3 8
4 7 ,7 9 4
2 3 ,9 9 9
2 4 ,6 5 7
N assau E lec tric R R .—
J u ly t to S ep t. .-iO....
6 3 3 ,0 4 1
5 5 1 ,2 7 0
2 9 0 ,3 2 4
2 4 2 .0 3 9
J au . 1 to S ept. 3 0 . . . 1 ,4 7 1 ,6 5 ) 1 ,0 9 3 ,3 5 4
6 3 0 ,8 7 8
4 5 0 ,4 9 7
N ew burg Elep.St. RySept.
8 ,0 3 7
9 ,0 6 9
4 ,1 5 4
4 .9 6 5
J a n 1 to S e a t. 3 0 . . . .
6 5 .2 5 6
6 9 ,3 0 2
2 *.077
3 0 ,9 3 3
J u ly L to S ept. 3 0 . . .
3 0 .8 ) 3
32.9L 7
1 6 .6 7 0
1 8 ,2 8 5
N ew Loudon S'. R y ..O c t.
3 ,4 1 3
3 ,2 5 5
62L
774
4 7 ,1 2 0
J a n . i to Oct. 3 1 ___ _
4 7 ,3 0 4
1 7 ,2 3 0
1 8 .8 7 0
N ew O rleans Tract Sept.
9 3,805
9 8 .4 0 3
2 2 ,2 7 9
4 3 .6 7 7
J a u . 1 to S ep t. 3 ) . . .
9 5 3 ,3 9 4 1 ,0 0 4 .4 7 9
2 9 6 ,1 1 1
4 4 0 ,3 9 3
North Shore Traot’n .S e p t.
14 1,173
13 L.78 2
7 2 ,7 5 3
6 5 ,9 5 3
O ct 1 to S ept. 30 . . . 1 ,4 3 1 ,9 1 6 1 ,4 2 5,9 2 L
6 1 3 ,3 1 0
5 8 7 ,5 9 2
P a terson Rai w i y . . .O ct.
2 4 ,6 1 2
3 0 .3 0 3
12,693
7 ,7 5 1
J a n . 1 to Oot. 3 1 . . . .
2 3 3 .6 3 6
2 7 0 ,1 0 1
1 23, 3 4
111),3 1 6
Pough.City&W ' F a lls.S ep t.
9 .8 1 9
9 .9 1 5
6 ,0 2 2
6 ,6 6 2
J a n . 1 to S ep t. 3 0 ___
6 6 ,6 1 6
6 7 ,7 0 6
24.5 i.1
3 1 ,0 0 2
R och ester R a ilw a y —
.1 »ily l to S ep t. 3 0 . . . .
2 0 3 ,6 3 9
2 2 4 .7 7 7
8 6 ,9 4 6
8 5 ,4 7 4
J au . 1 to sepc. 3 0 . . . .
5 3 9 ,3 9 8
6 5 2 ,3 7 3
2 1 4 ,1 5 1
2 0 1 ,3 6 9
Roxb'<h C hest H ill.fcS.O et.
6 ,6 7 3
76 2
5 .8 0 )
d e f .8 0 8
J a u . L to Oct. 3 1........
7 4 ,7 40
6 7 ,4 3 3
2 5 ,4 1 2
2 1 ,0 9 7
Sch u ylkill T ra o tio a .S ep L
8 ,5 23
8 ,4 3 0
4 0 61
3 ,8 6 1
J au . 1 to Sdpt. 3 0 . . .
6 7 ,0 40
7 2 ,4 1 6
2 5 . 05 y
30,962
Schuylkill V al. T r ao.Ju ae
5 ,3 53
181
Sorantoo R a ilw a y ... Oot.
3 2 ,4 1 0
3 2 ,2 1 5
1 7 ,4 3 7
16,193
J an . 1 to Oct. 3 1 ........
1 3 7 ,5 9 0
2 )0 .5 5 4
2 9 8 .2 0 9
1 4 0.003
J u ly 1 to Oot. 3 1 ___ _
1 3 3 .3 6 4
1 2 8 ,7 7 0
6 9 .J 2 0
5 8 ,8 6 7
S crau ton <fe C irb on ..S ep c.
3 ,7 2 4
1,431
J u ly L to S ep t. 3 J — •
1 1 ,3 5 1
5 .3 6 7
Scraaton & Pit sto n .S ep t.
6 ,2 1 4
2 .0 *8
J u ly l to S ept. SO . . .
1 8 ,8 6 4
7 ,8 3 6
Seoond Ave. R y. <N. Y .)—
J u ly 1 to Sept. 3 0 . . . .
2 ) 2 ,7 8 9
2 1 9 ,0 5 2
7 3 ,9 ) 6
6 5 ,1 3 8
J an . 1 to S ep t 3 0 . . .
5 4 6 ,3 0 0
6 1 7 ,0 2 2
7 9 ,2 8 9
1 5 0 ,5 5 6
S y ra cu se R apid T ransit—
J uly i to Sept. 3 0 . . .
1 1 4 ,9 5 3
5 1 ,2 7 7
5 4 ,7 6 2
1 3 ,5 3 4
Third \ v e . RR. (N. Y . ) J u ly 1 to S ep t. 3 0 ___
6 7 8 ,9 3 3
7 0 7,9 4 2
3 1 8 .6 7 1
3 4 9 ,9 4 0
J an . 1 to S ept. 3 o . . . . 1 ,9 3 5 .4 2 5 2 ,0 0 0 ,8 5 7
8 4 1 ,1 8 5
9 3 2 ,9 8 4
T hirty fourth St. C rosst’n (N. Y.)
J u ly 1 to Sept. 30
7 3 ,4 1 5
8 3 ,9 5 1
3 6 ,9 0 8
4 5 ,3 3 4
T roy C ity RR —
Ju ly 1 to S ep t. 3 0 ___
1 4 2 ,1 7 4
1 3 8 ,4 1 8
7 5 ,8 3 6
6 8 ,4 4 1
J au . 1 to se p t. 3 0 . . . .
4 0 3 ,8 2 1
3 3 9 ,6 8 0
1 8 5 ,0 2 5
1 8 2 ,6 2 5
Twin C ity R apid Tr.Sept.
1 9 1 ,1 3 9
1
20,467
2 3 2 ,3 9 7
1 5 3 ,2 4 2
J a n . 1 to Sept. 3 0 . . . 1 ,4 6 5 ,2 ) 2 1 ,5 4 7,738
8 0 6 ,6 3 9
8 8 7 ,6 1 7
U n ion 8 tr e e t Ry. (N .Y .)—
Ju ly 1 to Sept. 3 0 . . . .
1 6 3 ,0 1 7
1 5 5 ,5 1 1
8 1 ,3 2 2
8 0 ,0 1 2
J a n . 1 to S ept. 3 0 . . . .
4 2 2 ,4 5 1
3 9 7 ,3 0 7
1 7 4 ,8 3 7
1 7 2 ,8 0 6
U n ited Tract. (Pitfc9.).Oot.
1 2 5 ,2 9 1
1 2 3 ,1 4 1
6 9 ,4 3 6
5 7 ,5 1 5
5 0 1 ,2 9 7
4 9 2 ,2 2 1
2 7 4 ,9 3 2
2 3 2 ,4 5 9
W aterbury T ract’n...O ob.
2 2 ,4 0 9
20.3 1 8
9 ,8 9 5
9 ,4 8 6
2 1 1 ,8 9 9
1 9 8 ,6 9 1
9 0 ,7 0 3
9 2 ,4 1 3
W est C hicago S r.R y.Sept.
3 5 2 ,2 8 1
3 3 1 ,6 8 5
1 8 8 ,7 9 8
1 6 9 ,7 3 7
Wilkesb.&VVy.V.v.Tr.-Oct.
4 5 ,8 3 6
4 4 ,0 8 1
2 6 ,1 6 0
2 1 ,5 1 5
4 0 4 ,8 1 8
2 2 0 ,8 4 8
4 2 0 ,7 1 5
2 2 5 ,0 9 0
a N et earn in gs h ere g iv e n are a fte r d e d u c tin g ta x e s ,
b N et ea r a io g s here g iv e n are before d ed u ctin g ta x es.
* C levelan d C en ten n ial in 1896 a ooou ated for large r e c e ip ts th e n ,
t N et earn in g s are a fte r d e d u c tin g ca <es aud tire and a e e id e a j in s u r ­
an ce.

Interest Charges and Surplus —The following Street
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &o., with the
surplus or deficit above or below those charges.
In t., r e n ta ls , etc.-B a d . o l I f el E a r n ’s .—
1897.
1896.
1897.
1896.
R o a d s.
$
A tla n ta R a ilw a y ___ Sept.
1 ,2 5 0
1 ,2 5 0
9 05
740
A tl H ly h l’da R ed Bank <&
L o n g Br. E leo R y ..O c t.
96 2
371
3 38
d e f.1 8 9
C entral Ry. & E leo. (N ew B ritain )
J u n e l to S ept. 3 0 ___
1 1 ,6 4 4
1 1 ,3 0 2
16,6 2 3
9 ,1 1 5
D en v er C on .T ram w .8ep t.
1 8 ,1 3 3
3 .1 5 9
5 ,9 0 1
1 7 ,8 2 8
J a n . I t >S ep t. 3 0 . . .
1 6 8 ,0 6 9
1 6 0 ,6 7 6
4 4 ,o 6 5
4 2 ,8 9 3
P aterso n R a ilw a y ___Oot.
9 .0 0 0
3.C9 3 d e f.1 ,1 3 6
8 .8 8 7
J an . 1 10 Oot. 3 1 .........
9 0 ,3 2 5
8 6 ,9 8 8
3 7 ,7 1 3
2 3 ,8 2 8
S ch u y lk ill T raotion .S ep t.
2 ,0 8 3
2 ,0 8 3
1 ,9 7 8
1 ,7 7 8
J an . 1 to Sept. 3 0 . . . .
I S ,74 7
1 8 ,7 4 7
6 ,0 3 8
1 2 ,2 1 5
W aterbary Trao. C o. Oot.
3 ,1 2 2
5 .2 4 0
6 ,7 7 3
4 , 46
J a n . 1 to Oot. 3 1 ........
3 0 .9 5 4
4 0 ,8 8 8
5 9 ,7 4 9
5 1 ,5 2 5

A N N U A L REPORTS*

3.203
29 ,70 9

3 ,5 0 9
3 2 ,2 7 9

1,395
1 3 ,6 1 8

1.262
15,825

10,956
1 0 3 ,82 4

A n n u a l R e p o rts .—T he f o l l o w i n g is an in d ex to all a n n u a l
r e p o r t s o f s t e a m r a ilr o a d s , s t r e e t r a i l w a y s a n d m iscellan eo u s
c o m p a n ie s w h i c h have been p u b lis h e d since th e la st e d itio n s

9,874
1 0 4 ,2 8 7

2 ,4 4 3
2 4 ,6 9 3

1.5 1 0
2 4,490

o f th e I n v e st o r s’ a n d S t r e e t R a il w a y S u p p l e m e n t s .
T h is i n l e x d o e s n o t i n c l u d e r e p o r t s i n to-day’s C h r o n i c l e ,

S U L S O A D S ASD M lSCEL. C O .’ S.
j R a i l r o a d s a k d M i s c e l .C o ’ 8( (?© «.)
V o lu m e 6 5 —
P a g e.
V o lu m e 6 5 —
Page.
Amerk-an Type Pounders . . . . . . . . . §*2 ! S ou th ern P a cific o f C a lifo rn ia .921. 031
CVniral Ptwhfle.
^ - . { g f . S** I T o le d o & O hio C e n tra l. . . . -------- -- 922
V erm on t V alley A S ullivan C o . , ., ted?
•Great. N ort& era............ ..904* 921, 927
East ■&W e s t T e x a s ,, — 822 i W e s t Virginia & P ittsb u rg . . . . . . 821
H o *at> -a & T e fa s C entral. .
------ n r « |
St r e e t R a il w a y s .
K a n s a s C ity F t, S c o tt & M e m p h is . 8 2 1 :
K ansas City M em phis & B ir .. . . . . . »ZO A tla n tic C oast E l e c t r i c . ............ . . . 867
' M aine C en tra l-----8 il j
M anhattan Ry.. X, Y . City. . . . . . . . *23 j B ro o k ly n K »pxi T ran it S y s te m ., am
M»*r^»nt83aler U n i 'i y p e C o . .. , ...... 88" | D e n v e r C o n so lid a te d T ram w ay.. . , 867
Dry
D
ock
K.
B.
&
Bat
te
r
>
O
.
V.
was
Mtcfeittfta Penlsstilur Car. ------. . . . £$8 f
M issouri B ta w a a t S (T e x a s .....* .... f p * ; K injirs C ounty E le va te d . B k ly n . . . . on?
Ziew Jersey & H ew Y o r k . . . . ........... 822 J M etropolitan -b. Ry. * n .Y . i ........... tsi*
jSVrfoJa * S o u th era....------. . . ....
§ M l liU e te w a G o sh e n T ra ctio n .........867
..
. — ......... . 618
F « B ’ >. H *at. U*tb? and P o w e r .. .. . . 82.1 « Koebea«-er R y
............... uv3
8 t. F an! Ml- id . A Man . ..
. . . . . . 921 T ir i A v e., S . Y . City
San A /tton io 4k k m - m m P a s s . . .. .. 922 Bnli'ffl m d K m , P h iladelphia......... 51&
S eab oard & a*wrnntoe.. . . . . . . . ...... 8 - i V M m B e lt lin e ,................................... »*»*
B ou tu era C a iT ora ia i A l c f i By*-).- 806 ; Y on kers U K . .. .. .................... ............... 61*
Sou th e m P a c ific .......... 871 <

B a ltim o re & O hio R a ilro a d .
T h s rem ark s of P resid e n t Jo h n K. Cowen, co n tain ed in th e
a n n u a l rep o rt, to g e th e r w ith th e com plete Balance sh eet, will
b e foun d on pages 978 to 1)83.
T a e c o m p arativ e sta te m e n t o f op eratio n s, earn in g s, charge™,
e tc ., fo r th re e y ears is as follow s:
OPERATIONS, EAENINOS ANl> EXPENSES.
1 8 9 5 -9 0 .
2 ,0 9 5

1 8 9 6 -9 7
2 046

1 8 9 4 -9 5 .
2 ,0 0 5

O p e r a tio n * —*
1 7 ,s o t , 9 2 7
1 6 ,0 8 0 ,4 2 3
1 8 .7 1 6 .6 5 5
T o n s t r « U U t CJ»rrled* .............
T o n # frwtiiUt e a r . 1 in t o — 3 . 4 9 9 . 0 7 5 , 7 6 0 2 . 8 3 « . 4 3 8 .7 8 3 2 .4 7 0 ,8 * 2 * ,8 0 8
v « w v is .
w m l eu.
A v. rat»* j«sp i o n p e r iiill® .-.
.«,2O 7,ti08
8 ,-9 1 7 ,1 9 4
8*3 1 4 ,0 7 8
V m d u itp v e * a a f f f r l . . ............ ..
2 0 7 ,8 3 L b i 2
2 S 7 .S 2 5 .U 2 2
2 8 3 ,0 1 9 ,2 7 5
1*70 bta.
1 *78 3 CO*.
1*74 7 e tt*
A v . w i « p e r %m*. p e r m i l e . .
$
$
W a r n in g * f r o m -—
f
1 5 ,5 9 1 ,0 6 2
1 0 , 8 18 ,6 7 2
1 9 ,:« « ,8 S 2
F r e i g h t .......................................
6 , 3 1 3 .0 1 3
5 ,0 1 9 ,0 9 7
7 2 7 ,3 0 5
7 0 0 .0 0 3
7 4 5 ,3 2 5
M i. L ................................................
6 L ? ,3 0 8
0 1 1 ,7 3 8
5 i r i,7 0 4
...................................-.
K*
81*8 ,082
4 6 9 ,4 9 3
S 4 8 * M 'i
e ***
2 3 ,9 4 4 ,7 8 2

2 2 ,8 1 7 ,1 8 2

O p e r a tin g
G # k e m l « s * p ^ a «*>.* . . . . . . . . . .
C n m lu u liiis f t m m p o n n i Uni.
M ftio te P ttP e e u f m tm ip w n u i.
M Atnc. o f m m y m ud *%mnA - ..

1 ,8 8 ft, 1 0 0
1 0 .4 0 :1 ,-2 9 4
3 ,M l8 U
4 .1 3 3 ,7 6 2

1 ,7 1 1 ,2 0 0
03# *t#,t»07
3 , 0 1 3 ,2 0 1
lb ,0 1 0

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

T o t a l fttp r o m e m . . . . . . . . . .

£ 0 ,0 1 2 ,0 1 *4

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

1 5 .S 0 1 .0 -U

7 .L 4 J

U 0'25

5 ,5 7 0 ,0 2 9
P e r c e n t ®pe.r. e x p . t o e a r n .

7 ,0 1 0 .1 3 8

• I n 1 SIC, '» ? r n U 'r l l M e o u * e e r o p r iA e d : M ile a g e * 8 ! '- '7 , 2 9 2 ; e l e v a t o r s ,
* 5 1 4 .1 2 5 ; O f — r v t c e , t e r r y . Jre., 1 )8 3 ,1 6 1 ; i-* e e * e b a g g a g e , u iilk a n d
s u n d r y , * 1 2 3 ,6 6 4 .
D C C O K X A C C O C .V T.

1 3 9 4 -9 5 .

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

1 8 9 5 -9 6 .
*
6 ,3 0 1 .3 6 2
l , t a i 8 , 9 .- i

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

6 ,6 1 0 ,7 4 5
T o t a l ..............................................
N e t e a r n in g s W a s h in g to n B r a n ch
1 6 .7 5 5

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

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

A v a il a b l e I n c o m e .......................... 6 . 5 9 3 , 9 IX.)

7 ,3 3 0 ,3 5 9

8 ,4 6 9 ,3 4 4

7 ,2 0 2 ,9 3 4

6 .7 5 0 ,6 4 3

1 8 9 0 -9 7 .
N et e a r n iM * .. . . . . .
A d d o th e r In com e

......................... 5
.........................

*

De-l-irl -

l o t , o n iH io d s, r e n t a l* , t a x e s , A c . 7 . 7 7 1 , i l l
T l i v IVlcnds o n co m it io t i s t o c k . , . . . .
..........
D iv i d e n d * o n p r e f e r r e d s l o c k * . . .........................
T o t a l ..............................
7 ,7 7 1 ,1 1 1
B a n d i t * ................................................d e f . U 7 7 . 1 2 0

'isoiooo

*

sadiboo

7 ,3 5 2 ,8 5 1
7 ,0 5 9 ,6 1 3
d e f . 2 2 . 4 9 5 s r .1 ,4 0 9 ,6 8 1

O ther /xiymeHts-

C a r t r u s t i m u d a . . . . . .............................................
T o C i t y o f Hoi . f o r P. A C. K R .............................
C a s h a p p r o p r i a t i o n , t o .i n k . r d * .........................
B om & C o m . R R . t r a ff ic h o m l* . „
3 ,5 0 0
W h e e t a s e c a r t r e a t p a y m e n t * ........
1 3 5 ,6 3 1

4 5 0 .0 0 0

*0.000

58,058
1 3 .0 0 0

133,777

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

.................................
139,131
691,835
770.184
T o t a l .............................
............ ...................d o t . 1 ,3 1 6 ,2 5 1 d e l . 7 1 7 ,3 3 7 sn .T .639,517
B a l a n c e ............. .................

T h e above earn in g s a re an aly zed by div isio n s as follow s:
------d r o n e e a r n i n g *.— *
189087. .
1 8 8 5 -9 0 .
T e a r m d .. J u n e 3 0 —
if
s
1
1
,2 -1 9 .9 8 0
K ; i in B u m D* C a . . .1 2 ,^ 7 9 ,9 7 8
7 4 2 ,2 1 7
F a r k c r s b 'f g B r a n c h ..
7 5 3 ,« 9 0
02:1,4* *0
043,83 £
W iM tifngfnOt Bra o a i t . *
PI *I livd»d p li Ia
1.*H .79! 1*0 7 9 . i d 4
2,97 2,262 3 ,1 0 5 .8 7 2
jv
6 7 2 .6 3 5
W in ? «l. P itt*, t n . R R .
m * ),%*.}
376,559
0 * d . A C*n. ’4 4 R R .
1 .1 9 9 ,1 0 5
Chftttfvd Oil1*0 R R . . . . , 1 * 2 2 0 ,5 2 8
8 4 5 ,0 8 0
Bum. Man A N e w ..... ., h ^ L 1 7 7
1 4 3 ,1 0 4
1 2 ! ,0 9 3
mmn k- B tfn U -n .,
2 3 0 2 ,6 2 3
B a lt . A Oh?ilCr A 0 b i b „ . 2
\ : " , - •-2
Akrm;s M- cIt. J itn n . . .
4 2 5 ,3 0 4
10*728
C. W, A M.. Y, E E ____
1 0 .1 3 1

Flt-fe*tmrgB 1M-*n.

T o t a l s ssi aEmvck .... .

tm th m

V. B . h , K K U O t r e p t d

2 3 , 0 1 1 .7 8 2

/-------N e t e a r n i n g # . —— '

1880-97.

■-to fn tn r m

1885-96

$

#
3 .5 8 3 ,0 1 1
0 9 ,0 0 5
1 0*7 55

530,076

fi 0 -4 ,8 8 0

3 ,7 1 1,0 0 3
1 5 0 ,0 1 0
99 026

r-L.0,»S9
7 6 2 ,4 9 4
i'17,723
1 5 2 .9 7 6
1 4 9 .5 7 2
7 .2 9 6
6 9 1 ,9 .7

$
M a in L i n e a n d b r a n c h e s . . 3 ,6 7 7 ,0 0 3
P a r k e r s b u r g b r a n o u l t d . . . 2 0 4 ,3 3 1
P h ila d e lp h ia d i v i s i o n .......... 6 5 7 ,0 9 6
P i t t s b u r g d i v i s i o n ................1 ,3 0 0 .7 6 1
W h e e l in g P it t s , & B a li. K it
4 .7 9 3
C o l. * G in . M id la n d B R . .
1 3 2 ,0 4 7
C e n t r a l O h io B i t ................... 4 7 2 .5 6 9
S a n . S ta n s . <v> N e w a r k R 8 , 2 3 3 ,3 9 5
N e w a r k S o u i . iV ritra its. R K .
4 3 ,6 8 7
B a lt . Ji O h io ,te C b lo . R K . 7 0 9 .0 1 2
A K i o u *t C h ic . J u n e . K R . . 1 0 9 ,9LS
C ie v . W o - t s u - r * .M. V . H R .
750
S c h u y lk i l l R i v . E - S id e R l t . 2 2 5 ,0 0 0
T o t a l ........................................ 7 ,7 7 1 ,1 1 1

L os*
i n 1897.

LOS 8
in 1896.

Ootvs tr u c tio m

$
93T 392
1 3 4 ,7 2 0
1 2 0 ,4 2 0
7 9 3 ,8 9 6
4 0 ,6 1 8
7 1 ,6 4 2
3 8 1 ,9 6 1
1 5 2 ,0 1 0
6 0 ,5 9 9
1 1 0 ,4 4 1
1 3 i6 » 6
1*2.430s u r . 8 0 ,330

5 4 ,3 2 0
1 LG,7 0 7
4 5 1 ,0 6 4
6 ,0 0 7
3 1 ,8 7 6
3 0 1 ,6 2 1
7 6 ,7 5 3
4 1 ,4 4 9
2 L.23 >
2 5 ,9 8 9
1 5 ,7 9 0
s u r . Oft 14 0

1 ,9 0 6 ,5 0 8
d e f . 1 ,0 0 7

7 0 7 ,3 3 8
s n r . 60 , 4s 7

9 5 4 ,9 3 8 7 ,8 1 5 4 ,0 0 8
7 7 2 ,2 8 0
1 7 ,5 9 2
3 8 .7 0 8 1 9 ,9 5 8
485
3 S , 9 s7
661
427
3 8 ,0 8 2
1 .8 9 3 ,9 4 1
1 ,5 6 6

1 ,9 0 7 ,5 7 1
6 2 6 ,9 1 1 1 , 8 9 5 ,4 9 7
1 8 9 0 -7 .
1 8 9 3 -6 .
$
$
L o s s a . a b o v e , tx e i. W a s h . B r a n c h ..................d e f . 1 ,9 0 6 ,5 0 8 d e f . 7 0 7 ,3 3 8
77*1 ,784
M is c e l la n e o u s i n c o m e t a c t ) .............................
7 2 9 ,3 8 6
W a s h in g t o n B r a n c h a s a b o v e ...........................
l o s s 1 ,0 5 7
s u r . 8 0 , 4 t.1
A g g r e g a t e e n t i r e s y s t e m . . . .............. . . . . . . . d e f . 1 , 1 7 8 ,1 8 8 . s u r . 1 -1 9 ,8 7 4
A’ y / r . - T e c «U ith t d i f f e r e n c e b e t w e e u t h e fin a l r e s u l t h e r e s h o w n f o r
1 8 9 a n d th .it i n d i c a t e d b y t h e r e p o r t o n a s u b s e q u e n t p a g e is d u e t o
th e f t t o t t b a i t h e w a t f l l a b o v e i n e lu a e s t h e W A 'iiio it t u ii B r a m li lo s s o f
# 1 ,0 9 7 . I n l s o d t h e d i s e r e p a n o y i s r e c o n c i l e d b y d e d u c t i n g f r o m t h e
s -ir p lu s o f # 1 4 9 ,8 7 4 a s a b o v e t h e n e t e a r n i n g s o f t h e W a s h i n g t o n
b r a u o jj .# 8 0 ,1 2 7 . arid a d d i n g t o t h e r e s u lt # 5 8 ,0 5 4 , r e p r e s e n t in g
a m o u n t * a d v .m e e d t o t h e P i t t s b u r g & C o u r ie lls v U le a n d B. A O . A C.
s in k t h g fu n d s . 8 o d o i n g m a k e s t h e s u r p l u s f o r 1 8 9 d $ 1 2 7 ,5 0 5 , a s
sh ow n on a n oth er page.
N o p r o p o r t i o n o f t h e a m o u n t c h a r g e d o f f t o p r o f i t a n d l o s s , tlepT ecd u U ou o f e q u i p m e n t , in c lu d in g tirnt p u s o u t o f s e n d e e , # 1 ,1 5 5 ,8 2 8 in 1 8 9 7 , h a s b e e n c h a r g e d a g a i n s t d i v i s i o n s n a m e d . N o r h a s a n y
c h a r g e b e e n m a d e a g a i n s t t h e f o l l o w i n g H u e s f o r u s e o f B . <fc O .
E q u ip m e n t-N o C h a r g e f o r O r a : B a lt i m o r e «fc N e w Y o r k R R ., C o n flu e n c e <& O a k ­
l a n d E H *, A k r o n D iv i s io n ,
N o • iiu r g o f o r K o g t n e a ; G r a f t o n A B e lin tr to n R R ., B e r lin R R .
N o C h u r g e f o e C*»r«* o r E n g in e s : P l i lt a d e l p b i a D iv is io n . S o u t h B r a n c h
EH ... P a rk »* r o » » ir* B r a n c h l u t . , C e n t r a l O h io D iv i s io n , L a k e E r ie D i v i ­
s i o n . 8 t r a it s v i d e t J iv M o u , O h io i g o D i v i s i o n , .M id la n d D iv i s io n ,
R e p a ir s t o B a *». K q iip m c u i w e r e d l s i r im t e d , h o w e v e r , o v e r t h e
M a in m h i i i t in e lu d in g !‘ a r k e r d ) » ir g ' B r a n c h , t h e C e n tr a l u h i o , L a k e
K n it, s t r u it 'V U h ? , C n s c a g o , M id la n d a n d A k r o n D iv is io n s , o n b a s is o f
tim p r o p o r t n n i o f t h e e n g i n e a n d c a r m ile a g e o f s u c h c q u p m e u t o n t h o
H ues n m u sd ,
Ti.se M m s L i n e a s m B u v s c i i k * c m ii r a c o t h e f o l l o w i n g R o a d s ; T h o
W itio h -N ic r ‘V, p o it iiu .ic , th e w i in d ie s it*,r Sfe .8tra»bui*r„ a n d i h e 1J arrie m tD•*i g B r a n c h |5 m o n t h - t o N o v . 3 0 , 1 8 0 0 ) ; t h e smjuui B r a n c h , t h e E a iruiftttt M e r v a b l o w n a P i t t s b u r g ; t h e C o n flu e n c e A O a k la n d ; t h e o r a f t o « A B e i i ln g t e u ; t h e W im n m g t o a C o o n l y : t h e B a lt i m o r e A N e w Y o r k ;
t h e B a h t m o r e B e d ; t h e L a n c a s t e r C e c i l A B o tU h crit.
1 he P h i l m -ki c u t % D i v i s i o n e m b r a c e s t h e B a l t i m o r e & P h il a d e l p h i a
E l i . a n d tn e f i d h» d e l p ip a B r a n c h .
T h e P i i r u i ! tm
cm. b r a c e s t h e f o l l o w i n g r o a d s ; T h e P H ts b u r g A C o irh c l ! « v l f l e ; t h e Som erH ct A C a m b r ia ; t h e H ic k m a n R u n ; t lio
M o u n t i d e a - a n t A B r o a d f o r d ; t h e P a y e t t e C o u n t y ; t h e B e r l i n ; t h o O h io
A B a lt is t io ic a b o r t U u e ( E a s t e r n D iv i s io n ) .

T he item of iniscellaneoua incom e w h ich a p p e a rs above is
m de u p fo r 11*97 as follow s :
C a s h f r o m I n t e r e s t o n b o n d , . . . .........................................................
•• (VM't a c r liir i l r t iv h ie u il. o n s t o u k a .............................................
"
f r o m l o .i t -o r e n t * -----------------“
■'
M o » i r u T iiIkii T< le tw a p h C « . a m o u n t a u u n i t y . .
"
"
*t< rlh iK inM U U h e * lu k lit 8 f u n d s ....................................
8 r b t i.v lk .il f i b e r E A B t b ld e v i u n l u s s ...................................................
M is c e l la n e o u s .............. ..................

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

T o t a l .........................................................
$ 1 , 0 4 0 ,7 1 6
D . d u e i s . ltn>IM U K i v e r E a s t b i d e K K . n e t e a r n in jfs a l r e a d y
I n c lu d e d i n th e s t a t e m e n t s h o w in g t h e s e v e r a l d i v i s i o n s . .
3 1 1 ,3 3 0
M is c e l la n e o u s I n c o m e ( u e t ) ..............................................................
- V . 6 5 , i>. b 6 8 .

$720,386

Akron & C h icag o J a n c i o u Railroad.
( R e s u l t s f o r y e a r e n d i n g J u n e SO, 1807. J

This road is least; 1 to t« e B altim ore & Ociio a n d form a th e
A kron D ivision. T h e in te re st ch arg es g iv en below a re th e
fo il ch arg e s for th e y ear, b n t th e Coupons have been p u r ­
c h a s e d w hen due by V ertnilye & Co., N ew Y o rk , T h e lessee
re p o rts earn in g s, e tc ., as follow s :
T o n * c a m - l e d ............... .

T o n s c a r r ie d oiih mi
P aw U 'U X iT . c u r r ie d .,

P sM ongrr*' c a rrie d i
E anungs—
P a s -it-n g e r ..........
M a l l .......................
K - c p r c H ............
5 I le u e llu a « o u « .

81,358

E ip e m e t —
G e n e r a l .........................................................
r r u i i . p u r t a t i o n .......................... .............................
K (| u liu u e o t — ........ ..............................- -M ,itu tv m »n cu o f w a y ....................................

d e f. /j,/S 7
9 ,0 2 9

MO% T tp U U l

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

n t #x#gai#- ui

R e n ta ls ,
T a x . <£• I n i .

18 9 6 07.
9 2 5 ,7 9 5
6 3 ,4 6 5 ,7 2 7
8 3 , .6 3
4 ,4 9 0 ,2 7 9

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

$ 3 2 5 ,5 7 2
0 8 ,0 0 6 ,
2 0 ,0 3 8
1 1 ,3 7 2
816

$ 3 3 7 ,5 1 0
7 3 ,6 1 t
6 ,8 3 4
9 ,4 3 3
343

$ 4 2 5 ,3 0 4

$ 4 2 7 ,7 3 2

$ 3 1 ,4 7 4
1
9 1 ,8 7 9
191,8751
5 7 ,1 0 7
5 3 ,6 2 8

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

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

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

$ 10 0 ,0 0 0
0 ,9 1 8

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

$ 1 0 9 ,9 1 8
1 8 ,6 9 0

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

d e l . J,3 ttj

F. S e ll. M t d
c o u n t C’lite a k n T e r m in a l.

CBAEGE8 AKD BALANCE.

T o t a l <n e i. W a s h . B r a n c h . 7 ,7 8 8 ,9 3 3

( Report fa r the year ending June 30, 1S07.J

M ile * o p e r a t e d J u n e 3 0 —

973

THE CHRONICLE

N ovem ber 20, 189T,]

j

S e t ...............:

C h a rg es—
I u te i t- - 1 m i
T u xes, etc.

in e a r n i n g * a c ­
B a la n c e , d e f i c i t ...............................

..........

A f-ii i- • f.'ia u«t earnings of the sever ti tliviMotw for C97, S 'l / t i e A k r o n i\ » a d o w n s r;o l o c o t n o i i v e s , but lias 1 /0 i cars
as shown ab>r>. are deducted below the fised charges of under car trusts. No charge h a s been mads a ainst it for
use of B. & O. cars, bat tne repairs of B, & O. equipment
e a c h d i v i s i o o , l e i v i o g t h e fin a l r e s n l t s h e r e i n d i c a t e d in c o m pwijon w ith the result* reported for t ha previous year; the nave been charged to it and other .branches, as well as to
main stem ;
expenses for construction are also ad led:

THE CHRONICLE.

974

Central Ohio Railroad.
( Results fo r the year ending June SO, 1897. J
This road is leased to the B iltim ire & Ohio a n i form i the
Central Ohio Division. The lessee reports earnings, charges,
etc., as follows:
O P E R A T IO N S ,
1 8 9 6 -9 7 .

E A R N IN G S , E T C .
1 8 9 5 -9 6 .

1 8 9 1 -9 5 .

1 8 9 3 -9 4 .

Tons

1 ,7 4 3 ,7 6 6
2 ,5 2 3 ,3 0 7
2 ,3 7 5 .1 5 3
1 ,9 3 5 ,0 9 4
c a r r i e d ....................
T o il' c a r r ie d 1 m i l e .2 1 4 ,0 3 2 .9 6 5 1 6 7 ,9 1 0 ,5 4 0 1 3 6 ,2 2 3 ,4 7 8 1 2 1 ,8 1 7 ,6 3 5
4 9 3 ,6 2 6
4 0 0 ,3 2 7
4 3 4 ,5 3 1
4 5 3 .8 7 1
P a s s e n g e rs c a rrie d .
2 3 ,4 7 8 .2 1 1
1 8 ,0 4 2 ,3 4 1
1 8 ,2 6 2 ,6 1 7
P a s s , c a i r i e d l m ile . 1 8 ,1 8 0 ,0 5 9
8
H u n tin g s —
5 7 3 ,0 1 5
7 2 1 ,9 0 4
6 4 4 ,0 6 8
7 8 4 ,4 9 4
F r e i g h t ....................................
3 8 8 ,2 4 1
3 4 7 ,3 5 3
3 4 3 ,8 7 3
3 6 7 ,2 7 4
P a s s e n g e r ................. ..........
4 5 ,4 3 2
4 4 ,1 7 1
3 9 ,8 2 8
4 5 ,4 2 5
M a i l . . . : ................................
4 0 .9 1 7
3 6 ,6 6 5
3 7 ,9 4 0
3 7 ,8 0 5
E x p r e s s .................................
2 3 ,0 8 4
2 1 .9 4 3
2 6 ,5 6 1
2 1 ,6 6 8
M i s c e l l a n e o u s ................
1 ,2 2 6 ,5 2 8

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

$

*

$

1 ,1 9 9 ,1 0 4

1 ,0 9 6 ,6 0 1

1 ,0 6 9 ,4 2 8

E xpenses—
1 1 3 ,4 4 7
5 3 2 ,4 6 3
1 5 1 ,2 0 4
1 0 5 ,6 5 6

G e n e r a l .................................
T r a n s p o r t a t i o n ............
E q u i p m e n t .........................
M a in te n . o f w a y —

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

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

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

1 ,1 3 5 ,9 2 0

1 ,0 4 6 ,1 1 9

8 8 9 ,7 6 8

9 0 2 ,7 7 0

9 0 ,6 0 8

1 5 2 ,9 8 5

2 0 6 ,8 3 3

1 6 6 ,6 5 8

4 2 9 ,2 8 4

4 1 9 ,6 8 7

3 8 3 ,8 1 1

3 7 4 ,3 0 0

4 3 ,2 8 5

3 4 ,9 1 9

2 8 ,4 0 9

3 3 ,0 6 0

N o t ..............................................
R e n ta l u n d e r le a s e .
T a x e s , e tc ., p a id b y
l e s s e e ...................................

3 8 1 ,9 6 1

L o s s t o l e s s e e .................

C E N T R A L

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

3 0 1 ,6 2 1

O H IO

2 4 0 ,7 0 2

2 0 5 ,3 8 7

S T A T E M E N T .

The distribution by the Central Ohio of the rentals received is shown below, but for the late fiscal year the rentals
wm only paid in part.
R e n t a l .......................................

1 8 9 4 -9 5 .

1 8 9 3 -9 4 .

$

$

4 1 9 ,6 8 7

3 8 3 ,8 1 1

3 7 4 ,3 0 0

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

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

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

1 8 9 6 -9 7 .

1 8 9 5 -9 6 .

$

4 2 9 ,2 8 4
1 1 2 ,5 0 0
n b n e p a id .
* 1 0 ,3 0 0

$

C harges—

[V o l . LXY

I n t e r e s t o n b o n d s ____
T a x e s , e t c ..............................

4 0 ,0 0 0
3 ,6 8 7

4 0 ,0 0 0
8 ,7 4 5

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

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

4 3 ,6 8 7

4 8 ,7 4 5

4 3 ,1 1 6

3 5 ,5 9 7

B a l a n c e , d e f i c i t ...............
—V. 63, p. 1008.

6 0 ,6 0 0

4 1 ,4 5 0

4 5 ,1 2 9

4 8 ,0 4 2

$

♦ E s tim a te d .— V . 6 5 , p . 7 7 8 .

1893 94
if
4 0 ,0 0 0
( o r . ) 4 ,4 0 3

Sandnsky Mansfield & Newark RR.
(Results fo r the ye ir ending June SO, 1S97.)
This road is leased to the Baltimore & Ohio, and forms the
Lake Erie Division. The lessee reports as follows, but under
order of court the receivers are required to pay as rental only
the net earnings of the property.
EARNINGS, ETC.

OPERATIONS
1 8 9 6 -9 7 .
T o n s c a r r i e d . . . . ___
2 ,1 1 4 ,7 9 9
T o n s c a r r i e d 1 m i l e . 1 7 2 ,4 0 2 ,1 5 8
P a s s e n g e rs c a rrie d .
2 6 9 ,1 5 6
P a s s , c a r r i e d 1 m ile .
8 ,7 1 7 ,0 3 6

E a r n in g s —

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

a

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

1893 94.
9 9 6 ,5 2 8
7 4 ,9 4 2 ,7 2 3
3 1 0 ,1 1 2
L5 . 3 8 6 , 7 8 6

$

if

$

F r e i g h t .............................
P a s s e n g e r .......................
M a i l ................................ ..
E x p r e s s .............................
M i s c e l l a n e o u s .............

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

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

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

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

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

7 0 6 ,0 9 2

8 8 1 ,1 5 7

8 4 5 ,6 8 0

7 1 4 ,1 7 0

G e n e r a l ..............................
T r a n s p o r t a t i o n _____
E q u i p m e n t ......................
M a in te n a n c e o f w a y

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

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

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

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

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

8 0 0 ,2 7 7

6 9 6 ,1 0 9

6 0 5 ,6 8 4

5 7 9 ,6 9 2

8 0 ,8 8 0

1 4 9 ,5 7 1

1 0 8 ,4 8 6

1 2 6 ,4 0 0

R e n ta l u n d e rle a s e .
2 0 1 ,8 5 0
T a x e s ,& c .,p d .b y le s s e e .
3 1 ,0 4 5

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

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

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

7 6 ,7 5 3

1 2 0 ,0 3 6

9 7 ,5 3 6

E xpenses—

N e t ........................................

L o ss to le s s e e ...

In te re s t- o n b o n d s ..
D i v i d e n d s .................
O r g a u i z a t ’ u e x p e ’s .

1 8 9 5 -9 6 .

1 8 9 6 -9 7 .

C h a rg es—

1 5 2 ,0 1 6

No charge has been made against the road for use of
B. & O. cars and engines. The Sandusky company owns no
engines and only 27 cars. The repairs to B. & O. equipment,
however, were charged to this and other branches as w ell as
to the main stem.—V. 63, p. 1011.

Columbus & Cincinnati Midland RR.
( Results fo r year ending June SO, 1897.J
This road is leased to the Baltimore & Ohio and forms the
B altim ore & Ohio Southwestern Railway,
Midland Division. Interest and dividend charges given belo w
( E arnm gs fo r year ending June 30, 1897. J
are the full charges for the year, but the last coupon paid
The annual report will be printed in the usual complete
was that of July, 1896, and the last dividend that of January
form in the C h r o n i c l e next week. In the meantime we
1896. The lessee reports earnings, etc., as follows:
give the results for four years past as follows :
O P E R A T IO N S , E A R N IN G S , E T C .
1 8 9 6 -7 .

1 8 9 5 -6 .

1 8 9 4 -5 .

T ons o arried .............. .
410,724
397,809
436,368
Tons carried 1 m ile. .23,554,682 22,403,949 23,275,322
P assen g ers c a rrie d ..
192,215
218,568
211,408
Pass, carried 1 m ile.. 5,978,165
6,332,000
5,992,767
E a r n in g s —

$

$

N e t e a r n i n g s ..........1 , 8 8 2 , 6 9 5
O t h e r i n c o m e ..................
2 ,2 5 0

F r e ig h t. . ............ .......
P a ss e n g e r...................
M ail.............................
E x p ress........................
M iscellaneous............

216,744
115,358
14,207
9,620
4,956

218,478
132,587
8,430
10,351
6,712

243,189
131,960
8,505
9,967
6,289

193,870
130,872
8,563
9,279
4,716

T o ta l..................... .

360,885

370,558

399,910

347,300

G en eral......................
T ra n sp o rta tio n ..........
E q u ip m en t..................
M aintenance of w ay.

47,559
133,941
43,418
74,962

47,257
133,259
35,409
62,911

57,642
133,055
27,983
83,226

59,536
128,148
25.902
57,981

T o ta l.......................
N et........................ .

299,881
61,004

278,836
97,722

301,906
98,004

271,567
75,733

In te re st on bo n d s__
T axes, eto....................
D ividends....................

90,000
12,647
30,000

90,000
9,600
30,000

95,400
9,000
15,000

100,800
9,982

T o tal......................
Balanoe, d e f l o i t ..............

132,647
71,643

129,600
31,878

119,400
21,396

110,782
35,049

E xp en ses—

C h a rg es—

$

G r o s s e a r n i n g s ...............6 , 1 3 9 , 9 9 9
O p e r a ti n g e x p e n s e s ,.4 ,2 5 7 ,3 0 4

$

$

1897.

1 8 9 3 4.

323,901
16,898,179
218,152
5,883,406

1896.

1895.

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

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

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

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

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

2 ,1 7 9 ,6 6 8

2 ,3 0 8 ,1 8 1

2 ,3 0 1 ,0 1 3

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

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

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

$

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

T o t a l n e t .................... 1 , 8 8 4 , 9 4 5

1894.

$

*

D e d u c t—
I n t e r e s t o n b o n d s ____1 , 7 9 1 , 9 3 7
R e n ta ls o f te r m in a ls
6 0 ,0 0 0
T a x e s & a s s e s s ., e tc . 3 0 2 ,3 5 5
T o t a l ...............................2 , 1 5 4 , 2 9 2
B a l a n c e ...........................d e f . 2 6 9 , 3 4 7

2 ,1 1 5 ,7 7 9
e u r. 6 3 ,8 8 9

2 ,0 9 6 ,1 2 5

2 ,0 1 6 ,5 8 3

s u r.2 1 2 ,0 5 6

s u r .2 8 4 ,4 3 0

The deficit here shown for the year 1896-97 is attributed to
the following causes: The strike in the coal fields, which
pra itically closed that business for two and one half months ;
the business depression throughout the country, augmented
by the Presidential canvass and the tariff agitation ; disas­
trous floods which in March practically caused a cessation of
the company’s business for many days. If the revival of
business continues it is expected the losses which occurred
last year will be more than made up, the gross earnings
from July 1 to Nov. 15 beiog §230,509 in excess of those for
the same period of last year.—V. 65, p. 1223.

No charge has been made against the road for use of
B. & O. cars and engines, though repairs to B. & O. have
been charged to this and other branches as well as to main
Bangor & Aroostook Railroad.
line. The Midland owns no locomotives and only 228 cars.—
V. 65, p. 824.
(R ep o rt fo r the year ending June 30, 1897. J
The company has furnished the C h r o n i c l e with the f o l ­
Newark Somerset & S traitsville RR.
lowing report for the late fiscal year :
(Results fo r year ending June 30, 1897.J
This road is leased to the Baltimore & Ohio and forms the P aEs as er nn gi ne gr s$— 4 6 , 2 1 6 j o i n t p a s s e n g e r s ................................... $ 8 6 , 3 3 4 )
Straitsville Division. The interest charges given below are r e v e n u e . \ 1 7 3 , 9 9 7 l o c a l p a s s e n g e r s .................................. 1 2 8 , 8 6 6 3 $ 2 1 5 , 2 0 0
the full charges for the year, but no interest has been p a id F r e i g h t 5 2 4 2 , 8 0 2 t o n s j o i n t f r e i g h t ................................ 4 2 5 , 6 5 7 ) 5 0 9 , 2 2 8
7 2 3 t o n s l o c a l f r e i g h t ................................
8 3 ,5 7 1 >
since the November, 1895, coupon. The lessee reports earn­ E rxecvees ns ubea. g (g a 9g 9e ,.....................................................................................................................
2 ,0 4 1
ings, etc., as follows:
1 5 ,4 5 0
M a i l ...................................................................................................................................................
OPERATIONS, EARNINGS, 1ETC.
1 8 9 6 -9 7 .
T o n s c a r r i e d ................... . .
4 8 1 ,8 0 9
T o n s c a r r ie d 1 m ile . .2 0 ,3 6 7 ,9 6 5
P a s s e n g e rs c a rrie d .
2 9 ,2 2 5
P a s s , c a r r i e d l m il e ..
4 4 0 /2 0 1

Earnings—
F r e i g h t ................................
M a i l . . * ........................
E x p r e s s .............................
M is c e lla n e o u s .. . . . . .
T o t a l ............................. .

T E x p e n text—

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

1 2 1 ,6 9 3

G e n e r a l .............................
T r a n s p o r t a t i o n ..........
E q u i p m e n t ......................

T o t a l ...........................
B a l a n o e ..................... . . d c f . 1 6 , 9 1 *

1 8 9 5 -9 6 .
4 8 4 ,3 2 7
2 0 ,5 1 0 ,0 4 7
3 0 ,5 7 9
4 5 3 ,4 6 0
$
1 2 9 ,0 6 5
1 0 ,9 0 2
2 ,3 3 7
296
504

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

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

$

$

1 1 2 ,2 9 5
8 ,3 3 3
2 ,3 3 7
295
313

8 5 ,3 5 6
1 1 ,2 8 3
2 ,3 3 0
301
353

1 4 3 ,1 0 4

1 2 3 ,5 7 3

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

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

1 3 5 ,8 0 9

1 2 5 ,5 8 6

1 1 2 ,0 6 8

n e t 7 ,2 9 5

d e f. 2 ,0 1 3

d e f. 1 2 ,4 4 5

9 9 ,6 2 3

.

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

E x p r e s s s e r v i c e ................................................................................... ..................................
C a r s e r v i o e ................ ................................................................................................................
K e n t s ..............................................................................................................................................

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

T o t a l g r o s s e a r n i n g s .............................................................................................

$ 7 5 4 ,7 8 1

O p e r a tin g E x p e n s e s a n d T a x e s —
M a i n t e n a n c e o f w a y a n d s t r u c t u r e s ..................................... $ 1 2 9 , 8 1 2
M a i n t e n a n c e o f e q u i p m e n t .............................................................
5 0 ,6 2 9
C o n d u c t i n g t r a n s p o r t a t i o n . .........................................
2 4 9 ,7 6 7
G e n e r a l e x p e n s e ............... .....................................................................
3 0 ,9 0 6
T a x e s ..........................
2 ,1 0 3
4 6 3 ,2 1 7
N e t e a r n i n g s ........................................................ - ......................................................

F ixed- C h a r g e s —
1 2 m o n th s ’ i n t e r e s t o n $ 3 ,3 6 0 ,0 0 0 1 s t m tg . 5 % . ...$ 1 6 8 ,0 0 0
12 m o n th s ’ in te r e s t o n
$ 1 6 7 , 0 0 0 2 d m t g . 5 % . ____
8 ,3 5 0
I n t e r e s t a n d d i s c o u n t o n n o t e s ...................................................
3 ,3 0 5
C a r t r u s t o o u p o u s a c c r u e d .............................................................
9 ,0 0 0

R e n t a l o f L e ts e d L i n e s —
B a n g o r & P is c a ta q u is
B a n g o r & P is c a ta q u is
E x te n s io n b o n d s,

R R . $ 6 0 0 , 0 0 0 6 % .........................
R R . $ 3 2 5 , 0 0 0 7 % .........................
$ 3 0 0 , 0 0 0 5 % .........................

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

$ 2 9 1 ,5 6 3

1’HR CHROINLCLE.

N ovember 20 Wifi,}

75

$181,000 are retained by the Manhattan Trust Co. as trustee
to pay off an underlying mortgage covering 11 miles of track.
272,006 The consols, it appears, cover not only all the franchises, real
estate, tracks and equipment and lighting plants of the Akron
....... — ......................................
$18,958 Street By. & Illuminating Co., but also all the property of
Surplus lo r year ............
B a l a n c e o t o l d a c c o u n t b r o u g h t f o r w a r d ................................
.
2 0 ,7 8 9
the Akron & Cuyahoga Falls Rapid Transit Co., the two
T o t a l t o c r e d i t a t p r o f it a n d l o s s J u n e SO, 1 8 9 7 ........
$ 3 9 ,7 4 7
companies together owning 47 miles of track. The combined
earnings • f the properties for the year 1898 are reported as
OKSEKAL BA LA . Ml K SHEET, J f S i SO, 1 8 9 7 .
follows: Gross, $378,897: net $113,141; interest on bonds,
A s s e t* —
| L ia b ilitie s —
C o s t o f r o a d .......................* 5 , 7 8 3 , 3 7 8 I C o m m o n s t o c k . ................. * 1 ,0 4 0 ,5 0 0
including all now offered and outstanding, $76,850. V, 64,
P e r m , i m p r o v e m e n t s . ..
1 2 6 ,4 9 2 ! P r e f e r r e d s t o c k —
p. 607.
B q u tp m eu t
.................
3 3 0 ,1 8 0 I A r o o s t o o k C o u n t j . . .
6 1 3 ,0 0 0

To K ee p V p O r g a n i z a tio n —
1E&* & P E B
L e a se k a t a h d in I r o n W o r k s ..

P r o p e r t y .......................... .........

K e t t r a it i f b a l a n c e " ----S u sp en se a c c o u n t ......
C u e f r o m a g e n t s .............

O
4 4 8 ,7 2 4
—t h e r p r e f e r r e d ........
! F i r - t m o r t g a g e ... 3 , 3 6 0 , 0 0 0
.
.
,
S
e
c
o
n
d
m
o
r
t
g
a
g
e
1
,0
5
0
,0
0
0
8 8 3 ,0 0 0

1 1 4 ,0 0 6

.

C a l l .......................................
T r u s t e e s A r o o s t 'k C o n .
C o ,,2 d m o r t g a g e .....
C o r p o r a t i o n s a n d im liv .
M a t e r ia l * a n d s u p p l i e s .

100
lo.ioo

■ .. ...

>

■>

8 1 ,3 4 1 i C o u p o n s .............. 1 .............
5 ,7 0 0
2 6 , 5 1 9 N o t e s ......... ..............................
2 1 0 ,0 6 7
1 0 ,2 3 5 | P U l* a u d i t e d ......
5 2 ,8 4 5
1 6 0 In r. a n d r e n ta ls s e c t ,
5 , 1 2 8 i in e lu d iu e J u l y ! , ’ 9 7 ..
1 0 1 ,3 3 3
A r o o s t o o k C o n st. C o . . .
5 .3 -7
IA r o o s t o o k C o n s t . C o . . .
1 5 6 ,7 5 6
i M i s c e l l a n e o u s .................
77
P r o f it a n d l o s s ...
3 9 ,7 4 7

T otal..............................*7,464,120

T o t a l ....................... ........... $ 7 ,4 (5 4 ,1 2 0

V. 63, p. 153.

American Cotton-011 Company.

( Report fo r the year ending Aug. 31, 1897. J
The report of this company tor tin* fiscal year ending Aug.

81, 1897, ha* been issued and is published on pages 9S3 and
984. It embraces extended remarks by George A. Morrison,
Chairman of the Board of Dire .’tort an l gives m w r details
regarding the property and toe re m itt of the year's operations.
The following comparison for four years has been prepared
for the C h r o n ic l e :
rtt a r m * j b u t r a m m a R m .
1 8 9 5 -0 ,
1 9 9 0 -7
1895 « .
8
8
•?
1 ,5 4 2 ,0 7 3
8 -8 0 ,4 3 1
1 , 5 6 5 ,9 0 2
N e t p r o f it * - ........ .. —
D M u e t — In t. o a V & m
s d o u n b it r a it n n . e x p r a te s -, o t h e r i n t e r
e»t:
ile p r e c t a t t o u :
p r e m iu m o n b o n d *
5 2 7 .5 9 3
5 5 1 ,0 8 2
7 3 4 ,1 9 1
r e d e - M o e d ..- ...............
1 . 0 1 5 ,0 * 0
6 H .9 K J

L e a v in g n e t b a l a n c e .
U iv U le n t l* ........ . .........

3 3 1 ,7 9 9
•111,918

T o t a l . t t r p l n * ........

d f .2 7 7 ,1 1 7
0 .1 8 4 ,7 4 1

0 9 0 ,2 9 7
0 1 3 ,0 4 7
a n r .8 2 ,4 5 0
2 5 ,8 3 2

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

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

0 ,3 1 0 ,7 8 7
5 .9 0 7 .-- 2 2
0 ,1 9 4 ,7 4 1
i A J U .s e * s i t r .e r a r o p s t 3 1 .

5 , 9 8 2 ,0 5 9

1807.

1890.

$

I ik ii -

1895.

9

1994,

8

10**1 e s t a t e , e t c . .........U ,2 4 6 .7 1 8 1 1 . 2 8 1 , 9 6 4 1 1 .1 0 5 ,3 0 5
C a s h ................................... ! ,0 8 1 ,4 6 8
1 .4 7 2 .8 2 2
9 7 2 ,7 8 0
B ill* A s e e n n o c e jv 'e .
1 ,2 0 0 ,6 4 4 1 ,0 1 2 ,5 3 3
1 ,1 0 0 .7 3 8
P r o d u c t * , r a w m a t e ’l.

e tt., • r a lta M a ....... 2,844.088
O oo<l w U S .p A M in t s .-w l7 ,2 8 4 ,0 6 I
T o t a l . . . . ............ ..

7 3 1 ,8 5 5

8 3 1 ,0 7 1
0 1 3 ,1 4 1

B a l a n c e ...................* 0 .4 0 3 ,1 6 4 i i e f .2 7 7 , 1 1 7 n ttr .2 1 8 ,3 3 1
P r o p e r ty «> I4 o r d o a t r o y e d , t o a * ..............
1 0 ,7 Hi
- .........—
♦**«* —
4 0 3 ,1 6 4
H u r p i'i* .....................
P r o rio iL , i u r p l u a ___ _ 5 ,9 0 7 ,6 2 3

1 8 9 3 -4
8
1 ,4 2 8 ,1 5 2

.34,237,601

2,581.861

4.548,448

1 7 ,0 8 7 ,2 4 7

1 7 , 4 1 0 ,1 3 0

9

11,161,163
1 ,2 5 ,8 ,1 5 4

1,700,012

4.009,312
17.005,987

34,136,434 33,293.402 33,800,630

U a O U U U t—

.20.237,104 20.237,100 20.237,100 20,237.100
P r e f e r r e d * t o o k ___ .10,198,000 10.UH.lWo 1 0 ,1 9 9 ,6 0 0 10,199,000
3,008,000
3 .3 2 8 .0 0 0
D e b e n t u r e b o n d * , . , , . 3,008,900
3.008.000
3 9 0 ,1 0 8
001,329
O r m ia ie r c la ! t - c t a . ,.
5 6 3 .7 7 8
459,301
20,433
Aeerued iDtaremt...
20.453
20,453
22,178
1 3 2 ,9 7 9
152,979
152,970
152,979
D iv id e n d a c c r u e d ... .
B ill* p a y a b l e ----------1.013.000
1.300.000

C o m m o n . t o o k ...........

T o t a l ............ .....3 4 ,2 5 7 ,0 0 1
- ▼ .6 3 , p .1 0 1 9 .

GENERAL

34,136,434

35,203,402

IN VESTM ENT

35,800,630

NEWS

American

Sugar .—The

Beet

Sugar
R e fin in g .
S u g a r — H a w a iia n
■S i n F r a n c i s c o C h r o n i c l e ” o n N o v . 1 0 s a i d :

O n J a n u a r y fir s t t h e
Hv<- y e a r s ' c o n t r a c t o f th e
H a w a iia n
p l a n t e r s w it h t h e W e s t e r n S u g a r R u lin e r y w il l e x p i r e . T h e S u g a r
T r u s t w il l c u t t a u e t o h a n d le t h a t p o r t i o n o t t h e c r o p , s a y f r o m 4 0 , 0 0 0
t o 5 0 ,0 0 0 t o n s , w h ic h C la u s S p r e e k u ls c a n c o n t r o l . O f 'th e r e m a in d e r
o t -2 2 5 ,0 0 0 c o n s 1 5 0 ,0 0 0 t o n s w ill b e p l a c e , 1 o n t h e m a r k e t b y t h e C a li ­
f o r n i a B e e t S u g a r A R e t ln in x C o m p a n y , iu w h ic h W e lc h & C o ., G e o r g e
W . M oN isar n u d t h e i r fr i e u d s a r o t h e p r i n c i p a l e le m e n t s . O f t h e 1 4 0 ,0 (5 0
t..n * o f r a w is k m d s u g a r 9 0 . 0 0 0 t o n s w il l g o t o N e w Y o r k , w h e r e i t lia s
a l r e a d y b e e n s o l d to r o tln e rte n i u d c p c u l e n t o f t h e t r u s t . T h o r e iu s in i n g 0 0 ,0 0 0 t o n s w ill b e roJili. a a t t h e 'a l i f o m i a B e e t S u g a r at B e it n e r y
C o m p a n y 's w o r k s a t C r o c k e t t , o n t h e S t r a i t s o t C iu -q u in ra .
T h e c a p i t a l o f t h e C a li f o r n ia B e e t S u g . r & R e iin h u r C o m p a n y Is
* 2 ,5 0 0 ,0 0 0 , a n d i t - f a c t o r y w i l l s t a r t u p i n J a n u a r y a n d F e b r u a r y
a n d r u n o n ••ane s u g a r u n t il t h e s u g a r b e e t * s h a ll b o r e a d y . T n e c a ­
p a c i t y o f th e n e w r e fin e r y Is t o b o 3 5 0 t o n s d a l l y .— V . 6 4 , p . 8 4 1 .

Bay State Gas.—Annual M eting ,—The mystery -sur­
rounding this property was heightened this week 'by the
reports published in the daily press regarding the annual
meeting held at Witifiington, Dal., on Tuesday. Nearly every
one whose name is mentioned i - the despatches denied em­
phatically tin* truth o' the statements as to what was trans­
acted at the meeting, and the alleged report of the Treasurer
to the effect that the company had $1,000,000 in the treasury
and debts of only $2,700 was ridiculed as absurd on the face
of it, for had the company received as high as $10 per share,
as is not very likely, for its $88,000,000 of new stock, the
total realized would* be only $3,5’ 0,00 >. We have obtained
from a Wilmington paper the local report of the meeting
and publish i t ’ below for what it is worth, it being thought
by some that the denials may be more or less technical,
though in point of fact tho whole statement may be false :
J . E*1 w a r d .V iltllck*. t h e P r e s i d e n t , r e fu s e d t o g i v e o u t im y o f t h e
d e t a i l* o f ttm c o m p a n y ’ * m e e t in g , b u t t h e r e w o » l i t t l e d i f l l c u lt y In
l e a r n in g t h a t a x.i * d e a l h a d b e e n m m m u u m a te d , T h e m o o t i n g o f t h o
c o m p a n y w a s a la r g e o n e a n d w a s h a r m o n io u s .
T h o T r e a s u r e r r e p o r t e d t h e o s - l i o n b a u d t o lie $ 5 , 1 2 0 , 0 0 0 a n d t h e
d e b t * o f t h e c o m p a n y a m o u n t e d t o b u t $ 2 ,7 0 0
A n o tte r o f $ 5 ,0 0 0 , 0 0 0
w a * r e c e iv e d f r o m th e M eM U llM s y n d i c a t e f o r t h e e q u i t y o f t h e l o c a l
c o m p a n y in t h e U n it e d G o * c o m p a n i e s o f B o s t o n , a n d It- w a s n e ­
t-o p te d . J . E d w a r d V itdteks, H e n r y H . R o g e r s a n d J o h n D . R o c k e ­
f e ll e r w e r e a p p o in t e d a c o m m i t t e e w it h p o w e r t o c a r r y o u t t h e
d e a l. It w n - d e r i d e d t o t a k e tn e x c h a n g e f o r th e e q u i t y lit l ie u o f c a s h
I n t e r e s t * In t h e U n it e d G a s I m p r o v e m e n t o f P h il a d e l p h i a , s t o c k o f t h e
B u ffa lo ( t o * C o ,, th e E a s t E l v e r O a s C o ., t h e S t a n d a r d Q u a C o ., t h e
E q u it a b le O n * C o . a n d i n s e v e r a l N e w E n g la n d c o m p a n i e s , a b o u t a
d o z e n o f th e l a t t e r In a ll.
f t m e d e r i d e d t o m a k e o n e s h a r e tn e a c h f iv e o f t h e c a p i t a l s t o c k o f
th o c o n c e r n p r e f e r r e d s t o c k .
T h e d lr t 'e t o r - p r e s e n t a n d r e -e l e c t e d w e r e J a m e s P r a n k A U e e o f
D o v e r , t h o c h a i r m a n o f t h o U n io n K o p u h llo a u S t a t e C e n t r a l C o m m i t ­
t e e : J o h n H . B a t e m a n , t h o e d i t o r o f t h e D o v e r S ta tu S e n t i n e l ; N o w e l l
B a ll , th e A d d l c k s l e a d e r f r o m 8 u » * e x C o u n t y , a n d D r. C a le b R . L a y t o n ,
a n A d d lc k s le a d e r fr o m S u s s e x C o u n ty .

Sal- of Ce ntral of Boston Compa ies.—As already said, the
denials of the truth of this statement were general and sweep­
ing. H. H. Rogers, John G, Moore and Emerson MeMillin
all said that bo fur as they were concerned the report had no
foundation in fact. Mr. MeMillin, when asked if the Bay
State Gas Company of Delaware owned anything in Boston
which it could sell to his syndicate for $5,000,000, replied:
" N o . n o r f o r l iv e c e n t * . T h e H a y S ta tu C o . o f N o w J e r s e y o w n s c e r t a in
e q u it ie s th e r e - I n t h o B o s t o n G a s C o m p a n y p r o p e r , t h e B a y S t a t e , t h e
S ou t h B o s t o n a n d t h e R o x b u r y C o m p a n ie s — a n a t h e B a y S t a t e o f Del­
a w a r e o w n e d tin- s t o c k o f t h e B a y S t a t e o f N e w J e r s e y . B u t s o m e t im e
a g o th e D e la w a r e c .i u p a u T g o t I n t o d iff ic u lt ie s a n d h a d t o s u r r e n d e r
c o n t r o l o f t h c * e e q u i t ie s t o M e s s r s . R o g e r s a n d R o c k e f e l l e r , bo t h a t t h e y
a r e n o w in c o n t r o l , u n d e r t h e t e r m s o f a n I n s tr u m e n t, e f f e c t i v e f o r f o r t y t w o y e a r * . T h e B a y S t a le t h e r e f o r e h a s n o p o w e r In B o s t o n . ”

Reorganizations, Etc.—Latent Data as to Defaults, Reor­
The following is from a dispatch to the New York “ Even­
ganization Plane, Payment o f Overdue Coupons, Etc.—All
facts of this nature appearing since the publication of the last ing P o st”:

issues of the I n v e s t o r s ' and the S t r e e t R a i l w a y S u p p l e ­
may be readily found by means of the following index.
This index does not include matter in to-day's C h r o n i c l e ,
m ents

R a i l r o a d * .a n d M tflCkt,. C o .'s .

Volume 05—*
Umrmy

R a i l r o a d s a M i s o e l . g o ' s (O o n .)
Page,
V o lu m e 0 5 —
Page.
i4fa u lt, 8S3 i WboMlrsK a l , Vxfie. .pm H m , turn.##. 836
,,.»:Me mmw* t m ! W i s c o n s in ; C e n t r a l . . tmprt, bdt. def. 879

A k rrm St Cbicaijo Jlone.*

ml. IMp,
AU«fk’ k Psciffi
mintsmm tkft.dtfatfijtSBt *t*.
MnMmm® &Ohio.

823

-

£K* conm t. m of dsporUs A m rrm , 8 #§
Cta&ttftl Pun,.. B m th tr ftm 1* Mreul/i *■
0 b i c , .%
R jv .. - ..rm tw

Ot'tfG'-'Ctim*.%
Carter.%Wontihu

I r p m U i ,i t t

up

SiQiftLatde G as, J4, x ,, r. njr.-l.nsw#>.
f t , (*i«m 4 KietsS«W Bpringn. .sot*.

Strisrt Railways.
B ro o k ly n

..

.......

rm rq.

928

Cetera © li a MtL t B u k o ,). . rwro.fy'iu, V24
C km m h Bt U f.. U r iinpU ia.,.eoup. 807
K ami P m m . T ract t e n .. ........... trarg. 925
923 .tinslew’d A Chic. E lm Jj'Jhgo.),m id . 720
D»L
Ho, ..Jem?#* p la n , 728
ft»i
F ro n t St. Cable m m iU ts)* ... . . . m k . 869
8«9 >(M l ft* •ton Cst v I ly .. . . . . . . . . . . . m e et. 720
|
JG5.
0f>.
— <Uf. ,fc forrcL 824
m i ! lUdfAl >6 0 . Jkndm w m & M ____rtewr. 412
; jTAstOd n
, l i f , >Neb,).plaft> a c tip t . 412
£*24 s L o c k ll& vm i T raction , reever. <120, 0S5
Madia .m *117 K j ............. ...M ih -. 729
W.m f McKfj a s o , i n w i i . I W l l . 8 L B y . W ® . 8 2 0
M * f w * k . W . 8. ML (E lite .),. . . . . . coup .
■
»7i> I Owrift-

9H

Pfm nM M <k
■aic,.
m id,
tyrm&ttwfpigKl &n->l« r**Q A W , .
Erk*i A ll mm■« A Ba - -. ,fe<try,
M orristow n M
!&%?.■&mi, .... tm $ft
Wvwmrk
A straltUT. A t f .
34. V* A E m i R t*m ■•in*.......... OTfUO*.
Orsseoft Im p r o v e n
instiM.
flc
lift
•
m i t tr, tt&ttf. cmn.
\ F&PMIj
Vwyfi& tfm , -% Kr* l*f f
r2*; d*p. 87'• Sasrio r=f C»>fi. Sfc. I l f ...tim e f-'-r 4gp- 579
T o le b o BL U k K . Ctorrefo* ff-it-h 1 Hprini :‘d f i l l .) Cun. K y fo t e a k L it. 730
$t. 1*. ■%
f m n .. .. . B m n e h iA n m ,
j TaO’jf m L ake Park A C o l........i* # i. 926
Ml&dbrtP. . r#ce*r.778, fl®5
tin . Pa-e
9TQp, m fe confirm , m e 1 T.......
e r m.
W a t e r t o w n & B r o w i t T f l l e - . . . . .M le. 0 3 2

Akron Street Ry, & Illum in atin g.—Bonds Offered.—An
advertisement on another page offers for sale $1,815,0 0 of the
company's I ,,500,000 five par cent e msois. An additional

T h e r e a r c s e v e n g a s c o m p a n i e s In B o s t o n — t h e B o s t o n , B r o o k l i n e ,
R o x b u r y , D o r c h -s t e r , S ou th B o s to n , B a y S ta te o f M a s s a c h u s e tts a n d
J a m a i c a P la in . T h e W h it n e y I n t e r e s t s b o u g h t c o n t r o l o f t h e J a m a i c a
P la in C o . s ix w e e k s a g o . T h e s t o c k s o f t h e B o s t o n , R o x b u r y , S o u t h
B o s t o n a n d H ay s t a l e ,,f M a s s a c h u s e t t s o r e h e l d l»y t h h B a y S t a t e C o . o f
N e w J e r s e y , ”f l , .! l a t t e r f o r m e r l y w a s o w n e d b y t h e B a y S t a t e C o . o f
D e la w a r e ,
The
B a y S t a t e C o , o f D e la w a r e a l s o
o w n e d th e
D orch ester
C om pany.
J,
E d w ard
A d d io k s
m ade
a
deal
t o b u v th e B r o o k l i n e C o m p a n y , h u t it m is s e d
fir e , a n d a s a
r e s u lt th e B a y s t a t e C o m p a n y o f D e la w a r e w a s f o r c e d t o s e l l b o t h th e
D o r c h e s te r C o m p a n y a n d th e B a y S ta te o f N e w J e r s e y . Th e la tte r
h a d i s s u e d fir*? a m i s e e e n d m o r t g a g e b o n d s , a g a i n s t w h i c h w e r e
p l a c e d th e s t o c k s o f t h e s e v a r io u s t fa s s a e h u s e t t s c o m p a n i e s . M essrs*
R o g e r s , M o o r e a n d R o c k e f e l le r , t h e S t a n d a r d O il m e n , b o u g h t t h e
D o r c h e s t e r Company a n d a l s o i h c s t o c k o f t h e B a y S t a t e o f N e w J e r ­
s e y ; a n d b y e m it r o llin '; tin- .-dock o f t h e l a t t e r t h e y w e r e a b l e t o e l e c t
the! t r u s t e e s , w h o c o n t r o l th e b o n d s , w h ic h In t a r n c o n t r o l t h e f o u r

M{lAsaciinsaett« companies*—V . 65, p. 778.

Bennington & RutUuut B E . ~Refunding. -T h e company
It is stated,’ has arranged to refund its $475,000 old 7 per cent
bonds du 5Tov. I Into
per cents, the issue of which w ill
be $500,000, payable Nov. l, 1927. The saving in interest to
the company yearly by this transaction is-$10,750.
Brooklyn Elevated flJl.~~Quarterlys—E irnings for the
quarter ending Sept, 80 have been reported as follows :
3 m m . e n d in g
O ro n
S rj)L 3 0 . ‘
e a rn in g t$ .
im i
. ..................... $ 3 7 3 /2 5 1
1 8 0 0 . . . . . . . . . . . . a.................

3 7 2 ,8 0 6

N et
e a r n in g s .

I n te r e s ts
(a x e s, etc.

B a la n c e .
d e fic it,

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

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

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

THE CHRONICLE.

976

On Sept 30, U97, Receiver reports: Interest due and ac­
on Brooklyn Elevated bonds, $331,415 ; on Sea Side &
B. B Elevated bonds. $35,202 : dne for wages, $55,195. Cash
on hand, $119,406.—V. 65, p. 923.
Brooklyn Heights RR— Brooklyn (Jneens County & Sub­
urban RIt. Q u a r te r l/.— These companies operate the lines
of the Brooklyn Rapid Transit system. Earnings for the
qnarter ending Sept. 30 have been reported as follows :
c ru e d

BROOKLYN HEIGHTS RAILROAD.

Gross
earn'gs.
1 8 9 7 .............. $ 1 , 2 1 1 . * 9 2
1 8 9 6 .............. 1 , 1 8 9 , 8 7 1

Other
ineom e.

Net
earn'gs.
$ 4 9 4 ,4 9 1
5 1 6 ,3 6 4

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

Interest ,
taxes, <Cc.
$ 4 7 6 ,9 4 3
5 0 5 ,9 4 5

Balance,
surpl ns.
$ 7 6 ,4 5 1
7 1 ,7 4 5

BROOKLYN QUEENS COUNTY & SUBURBAN RR.
1 8 9 7 ...............
1 8 9 8 ...............

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

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

$ 2 ,6 9 7
2 ,3 8 3

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

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

Brooklyn Heights loans and bills payable Sept. 30, D97,
were $150,0 0, against $ 150,000 on June 30. and for Queens
Countv on Sept. 3J were $170,COO, against $395,000.—Y.
65, p. 326, 866.
Central Vermont RR.—Deposits Subject to Penalty A fter
Dec. 1.—Notice is given that on and after Dec. 1, 1897. no
bonds will be received by the American Loan & Trust Co.,
under the agre-mient with the bondholders’ committee repre­
senting the Consolidated RR. of Vermont 5s, except upon
payment of a penalty of 5 per cent.—Y. 65, p. 923.
Chicago Rock I s la n d * Pacific Ry.— Refunding P lan.—
The plans for the're'unding at a lower rate of interest of the
extension and collateral bonds and the debentures, which are
redeemable at 1' 5, it is reported, w ill be announced imme­
diately. The two issues are five per cents and ageregate
about $45 OCO.OOO. The plan w ill also provide for the $5,660,0C0 Chicago & Southwestern sevens, which will mature Noember. it 99. The extension and collateral bonds can he
aid at any time after four weeks’ advertising and the deben
tnre bonds on any first day of March or September upon
three months’ notice.—V. 65, p. 571.
f Cleveland Cincinnati Chicago & St. Louis Ry.—Bonds
Cvheti.—Seven Cincinnati Indianapolis St. Louis & Chicago
consolidated 6 per cent bonds, viz., Nos. 337, 471. 177. 221,
650, 297. 375, have been drawn for payment May i, 1898, at
105 per cent and aecmed interest.—V. 65, p. 459, 467.
Columbus & Hocking Coal & Iron.—Agreement—Bonds to
Have In' crest So led to 5 per P u t . —The stockholders’ pro
tective committee, Frank B. Keecli, Chairman, announces
that an agrtement has been effected with the bondholders’
committee wbeieby the latter agrees to ac ept 5 per cent
i nstead of 6 per cent interest on the bonds of the company.
Upwards of 92 per cent of the stock has already assented to
the plan of reorganization, and holders of unassented stock
may deposit same with the Fanners’ Loan & Trust Company
on or before Dec. 10 by paying the assessment in full and a
penalty i f 5 I cents per share.
Reorgan’z v ion P lan.—The Scndder Committee has sent
to the bondholders a circular which says in substance :
A f te r t o n s n rg n tin tlm iR w ith t h e s to c ltb o h le ro ’ c o m m itte e , y o u r c o m m i t i e e I ih r p r e p i i r e O « u d a d o p t e d a p l a n f o r r e o r g a n i z a t i o n o f t l i e c o m
p a n y w ith o u t j o r t c lo s u r e , w h ic h p lu n w ill a c c o m p lis h t h e fo llo w in g :
(1 ) E a c h b o n d h o l d e r w ill r e c e i v e $ 5 0 in c a s h i n p a y m e n t o f t h e t w o
o v e rd u e c o u p o n s, th o se o f J a n u a r y a n d J u ly , 1 8 9 7 .
(2 ) I n t e r e s t i h e r e a f t e r p a y a b l e o n f i r s t m o r t g a g e b o n d s w i l l b e r e ­
d u c e d to 5 p e r c e n t p e r n n u u m . e a c h b o n d to b e s ta m p e d w ith a c e r­
tif ic a te s ta t in g t h a t th e I n r e r e s t s h a ll b e a t th e r a t e o f 5 p e r c e n t in ­
s te a d o f 0 p e r c e n t p e r a n n u m , a n d t h a t t h e h o ld e r s h a ll b e e n title d to
tli e b e n e tlt o f th e s u p p le m e n ta l m o rtg a g e . T o th e b o D d s w ill b e a t ­
ta c h * d n e w c o u p o n s o r w h ic h t h e f ir s t s h a ll b e p a y a b le J a n . 1 , 1 8 9 8 .
( 3 ) T h e c o m p a n y w i l l try s u p p l e m e n t a l m o r t g a g e c o n v e y t o t l i e C e n r a l T r u s t C o. a s a d d itio n a l s e c u r ity fo r th e f ir s t m o rtg a g e b o n d s , th e
o ld e rs o f w h ic h a s s e n t to t h i s p la n , m a c h in e r y , m in e c a r s a n d o th e r
p r o p e r ty s ta te il to h e o f th e v a lu e o f m u re t h a n $ 1 0 0 ,0 0 0 . T h is s u p ­
p le m e n ta l m o rtg a g e w ill b e e x e c u te d in a f o rm a p p r o v e d b y t h e c o u n ­
s e l f o r ilie b o n d h o ld e r s ’ c o m m itte e .
i l ) T h e c o m p a n y w i l l 1n t l i e s u p p l e m e n t a l m o r t g a g e r a t i f y t h e e x s f i n r in o rtv a tfe . a n d c o n s e n t t h a t in c a s e o f d e f a u l t o f i n t e r e s t c o n in u iu ir f o r o n e y e a r t h e p r in c ip a l s u m s h a ll b e c o m e d u e .
(5 1 T l i e s t o c k h o l d e r s h a v e r a i s e d b y a s s e s s m e n t o n t h e s t o c k a s u m
e x c e e d in g $ 1 3 7 ,0 0 0 , f ro m w h ic h , a r t e r p a y in g c o m p e n s a tio n a n d e x p e n s^ s o r th e c o m m itte e s a n d th e a m o u n t a s a fo r e s a id to b e p a id u p o n
th e o v e rd u e c o u p o n s o f th e f ir s t m o rtg a g e b o n d s , th e r e m a in d e r s h a ll
b e p a id o v e r to t lie c o r a p a u y a s c a p ita l th e r e f o r .
T h is p la n w ill b e b i n d in g u p o n a ll b o n d h o l d e r s w h o d o n o t w i t h d r a w
th e ir b o n d s in a c c o r d a n c e w ith t h e t e r m s o f th e a g r e e m e n t o f A u g .
1 5 .1 8 9 5 .
T h e c o m m itte e r e s e r v e s t h e r ig h t t o d e c la r e t h e p la n in o p e r a tiv e
s h o u ld c ir c u m s ta n c e s s o r e q u ir e . O n ly h o ld e r s o f f i r s t m o r t g a g e b o n d s
d e p o s ite d w ith t h e C e n t r a l T r u s t C o . a r e e n t i t l e d to p a r t i c i p a t e in th e
p la n .—V . 6 5 , p . 3 6 7 .

<5

CO

Delnwarn Lackawanna & Western RR.—Quarterly.—
Emting-tof the D. L. & W. leased lines in New York State
for the quarter and the nine months ending Sept. 30:'
G ro ss

S e p t. 3 0
ea rn m g s.
1 8 9 7 .................................. , . $ 2 , 3 7 2 , 0 0 3
1 8 9 6 ................................. - 2 , 4 6 1 , 7 1 5
to ‘m o n t h s —
1 8 0 7 ............................... . . $ 5 , 1 9 4 , 3 6 7
1 8 9 6 ................................ . 5 , 8 7 6 , 0 7 9
— V. 0 5 , p . 2 77.

ffet
earnings.

Interest,
taxes, etc.

$ 1 ,2 9 6 ,3 0 2

1,303,404

$628,249
620,749

$2,378,987
2,841,298

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

Balance ,
surplus.

$608,053
682,655
$ 4 9 4 ,2 1 1

979,052

Erie K a il Iroad. —Q uarto ly.—Earnings for the quarter endin g S* p t. 30 h a v e b e e n reported as tollows :
3 mo*. cti’Vg
Gro1
Net
Ollter
Interest,
Balance,
X r p t. 30.
cn m i 'iff**
earnings, income.
taxes, <tc.
sur/ilns.
1897..............
.7 4 5 $ 2 ,7 5 5 ,6 8 1
$ 3 7 ,5 1 4
$2,111,864
$681,391
1*96........... . 7,485 . 2 9 0
2 ,.1 0 ,7 1 7
1 2 ,0 4 9
2,155,734 472,032
L,»us ant hills payable Sept. 30, 1897, $766,744, against
$756,115 on June 30.—V, 65. p. 366;

[VOL. LXV.

Fulton W all Street & Corlandt Street F erries RR •"
(New York C i t y . Foreclosure Sale Dec. S —The property
and franchises of this projected road aTe advertised to be sold
at noon on Dec. 2 at the New York Real Estate sales: oom,
No. I ll Broadway.—V. 64. p. 952.
Galveston La P orte & Houston Ry.—Southern Pacific.—
Proposition Accepted.—Receiver's Sale.— A press dispatch
from Galveston, Texas, says that on Nov. 10 the directors of
the G ilves on La Porte & Houston decided to accept the
proposition of President Huntington of the Southern Pacific
to purchase the road for $1,<)(!0,000 4 per cent bonds. On Nov.
12 application for the sale of the railway was filed in the
United States Circuit Court by Contractor L. J. Smith. In
addition to $244,987 of receivers’ certificates, the receivers
debts are stated to be $150,00'> for monev expanded on the
property. The petition w ill he heard Feb. 21. The road
was completed by the receivers, but it is understood has not
been operated for some months past.—V, 65, pp. I l l , 847, 871.
Houston & Texas Cen'ral RR.—Reduction in O utstand­
ing Bonds and Interest Charge.—In ano her column will be
found advertised the numbers of 220 first mortgage six per
cent bonds drawn for payment at 110 and accrued interest
with the proceeds from land sales. The bonds are payable at
the office of the company, Mills Building New York, inter­
est ceasing Dec. 31. The following table shows the changes
in the bonded debt and the amount of bonds that w ill be out­
standing Jan. 1, 1898:
A m ount
Issued.

F i r s t s ............................................. $ 8 , 0 6 4 , 0 0 0
C o n s o l s ..........................................
3 ,9 1 9 ,0 0 0
G e n e r a l s .......................................
4 ,3 0 5 ,0 0 0
$ 1 6 ,2 8 8 ,0 0 0

Am ount
Retired.

Amount
Outstanding.

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

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

The reduction in the anuual interest charge effected by the
retirement of bonds aggregates $76,010. —V. 65, p. 866, 869.
In tern ational Bridge & Tramway .—Sold.—This property,
including the steel bridge connecting Liredos, in T exas with,
with Nuovo Laredos, in Mexico, was sold under foreclosure
on Nov. 2 for $35,' 00 to a representative of the bondholders.
Kentucky & Indiana Bridge.—Coupon Paym ent.—The
Louisville Trust Co. on Nov. 11 began paying the coupons
dne in September, 1896 (No. 31), of the first mortgage bonds.
—V. 65, p. 620.
Lincoln (Neb.) Street Ry.—Foreclosure Sale Dee. 10 .—The
foreclosure sale is set for Dec. 10. The reorganiz ation plan
(V. 65, p. 277) was adopted Aug. 28.—V. 65, p. 412.
L ouisville & St. Louis.—Foreclosure Sole Pec. 14 .—The
sale is set for Dec. 14, the upset price being $75 0 0. The
road has been operated under lease by the Jacksonville & St.
Lonis and rnns from Centralia, 111., to Drivers. 16 4 miles
There are $247,000 first mortgage bonds outstanding.
Mexican Ry.—Sem i-annual Statem ent.—The statement for
the six months ending June 3) shows as follows in Mexican
currency:
S ix
m o n th s .

G ro s s
e a r n in g s .

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

N e t D e b e n tu r e
D iv id e n d
B a la n c e
in c o m e .
i n te r e s t. I s t y . r e f . s to c k . f o r s c a r d .
$ 4 5 4 ,1 7 0
3 4 4 .0 1 5

$ 3 0 0 ,0 0 0
3 0 0 ,0 0 0

* A f t e r a rlflin g in 1 8 9 7 b a l a n c e o f $ 7 ,2 5 0
b ro u g h t fo rw a rd fro m p re v io u s y e a rs.

2^2%
% %

and

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

in

1896

$ 1 ,7 9 0
* 3 4 5

o f $ 4 ,2 1 5

The regulations adopted last November, controlling the
rates on American traffic to competitive points in Mexico,
are being submitted to arbitration, and it is probable that
the arbitrators w ill fix new rates from the commencement of
next year. The pool for European goods has continued in
operation since 1st December last. The loss on exchange in
the half-year amounted to £95.715, an increase of £11,511 over
that of the half-year immediately preceding.—V. 63, p. 880.
Memphis & Charleston RR.— Unexpected Turn in Fore­
closure Proceedings—Consolidated Mortgage P a id Off.—At
Cincinnati on Thursday, the 11th, the case of the Farmers’
Loan & Trust Co. against the Memphis & Charleston came
up on appeal, the appeal having been taken by the Central
Trust Co. as the trustee of the general mortgage. As the
result of consultation between counsel a decree was entered
affirming the foreclosure decree which the Farmers’ Loan &
Trust Co. had obtained for the foreclosure of the consoli­
dated mortgage, and providing that the Central Trust Co.,
as holding a junior security, might pay off the amount of
the consolidated bonds and coupons and be subrogated to the
rights of the holders of those bonds. Ou the next day, the
12th, the suit which is now pending, brought by the trustees
of the first and second mortgages to foreclose those mort­
gages, came on for hearing at Cincinnati before Judge Lurton, A motion was made on behalf of the trustees in that
case for leave to dismiss their bill, which was argued and
taken under consideration by Judge Lurton, and adjourned,
to be beard at Nashville on Tuesday, the 22d.
On Tuesday, the 16th,.the Central Trust Co., as permitted
by the decree for the foreclosure of the consolidated mort­
gage, paid the Farmers’ Loan & Trust Co. the entire amount
Cue on the bonds secured by that mortgage. By this action
the Central Trust Co., as trustee under the general mort­
gage, becomes subrogated to the rights of the i oudholders
under the consolidated mortgage, and is entitled, if it decides
to do so, to have a sale of the property under the consoli­
dated mortgage and to use the consolidated bonds for the
purposes of purchase.
Reorganization.—The general mortgage committee, con*
sisting of him on Borg, J. Kennedy Tod and Albert S. Roe,

NOVEMBER 20

THE CHRONICLE.

l '9T. |

977

having provided for the discharge of the consolidated the Central Trust Company, interest ceasing January 1.
mortgage, will presently, unless delayed by farther litigation, This pavment-, together with the exchanges for prior lien
be in a position to proceed with its plan of reorganization, bonds already effected will Tedace the amount of the general
details regarding which were in the C hronicle of May 2. first 6s outstanding to $11,887 000, a reduction since July 1,
I t96, page 821 (aee also page 869). Practically all of the 1897, of $1,055,00),—V. 65, p. 925.
$ l 000,0 U general 6s are represented by this committee.
Northern Union Gas Co.—Mortgage fo r $1,500,000.—The
Tne Iseli i plan, which is apparently hang up by the payment company has made a mortgage on all its franchises and
of the consols, provided for a lease of the road to the Southern property in the Bronx District to the Knickerbocker Trust
Bailway, and it appears quite among the possibilities that Co., as trustee, to secure $1 500,000 of thirty-year gold bonds,
that company may still effect a deal with the Borg Commit­ The Northern Gas Light Co. has conveyed to the" new com­
tee which will result in the general mortgage bonds receiving pany property, embraeinv, it is said, 42 miles of mains,
better "forms than were offered by tae I selin plan.
with an annual omput of aoout. 10 1,000,000 feet of ga«. Be­
Uoder the Borg plan, which now comes into prominence, fore the merger the old company had outstanding $500,000
the new securities were to he: First mortgage 50-year Ss. $5,5 Hl- stock and $125,003 bonds.—V, 65, p 621,
000; 4p*>r cent non-mandative preferred stock. $4 ,000,000;
Oregon Improvement .—Sale Confirmed.—The Federal
common stock $1,35 ,0 0. fh e general 6s to receive $1,500 Court
at Portland, Or-*,, has confirmed the reeent sale of this
in preferred per $l.< 00 bond. Alt old stick paying the as- j property.—V.
65, p. 925.
ses-unent of 10 per cent to recei»e l'< per cent in new pre- s
ferred stock and 100 par cent in new common. The new ! Peoria Decatur & E vanville Uy.—Time fo r Deposits Exfixed interest charges to be $275 000. Toe report of the re­ tended to D e\ 1. -T h e Btowu C unmittee has eitended the
ceivers (V. 65, p. 777) for the vear ending June 30, 1897, j time for making deposits and paving the first instalment of
showed: Gross earnlues $h360,602; net (over taxes) $33V the a“S"8smenM under the plan of reorganization dated Oc.t.
097, contrasting with $28,8.281 and $173,548 respectively for 1, 1897. until Dae. 1, 1897, after which date deposits, if re­
ceived at all, wilt be subject to such conditions as may be
the previous two years,—V- 65, p. 777.
Metropolitan Street Kail way (New York )—Provision r f prescribed by the committee. —V. 61, p. 870.
Sacramento Electric Gas & Ry.— Vein Mortgage.—The
Debenture Certificate —The company's $8,000,0*0 of deben­
ture certificates recently issued possess som » interesting fea- j company has ma le a mortgage to the California Safe Deposit
tores. We therefore print the text of one of them as below: & Trust Go., as trustee, to secure $2,500,000 of thirty-year 5
per cent bonds, of which it is supposed part will be applica­
P a v a b l e O c r . 1 3 , 1 S 0 2 .— I s t e r k s t a w h s O c t . 1 5 . 1 8 0 8 .
ble sola! v to the retirement of the $2,000,000 first mortgage
T h e M o ir o p o t l t a n S t r e e t R a i l w a y Co., o f i b e O U y o r K s w Y o r k , f o r
v a l u e r t e e iv e O , p r o i n lM s to p a y t ; , ............... ........
or r e v U ie r w i j 6s of 1896.-V. 65, p. 278.
a « - i g u - . t h e » u i o o f ...............................d o l la r s iu so <t c o i n o f t h e U n it e d
St. Louis A San Francisco RR.—A tlantic & Pacific RR.,
S t a t e s o f th e p r c a - H t s t a n d a r d o f w e ig h t a m i S a e n e s s a t t h e 0 ’iU 'c o r i
a g e n c y o f 4Aih R s i i w a , C o n ip a n y . t o t h e C it y o f N e w Y o r k , o n til-' nr- j Central D ivls on.—Sa'c Dec. IS. —The Central Division of
lee-n th d a y » f O e to im r , 1 0 0 2 , » » « t o p a y i n t e r e s t o n «<t«J s u m in l ik e j the Atlantic <& Pacific RR. is advertised to be sold at Viny o l d i-O'U .-sens) a m i a s l t y , a t .*ai:i O itlre u t a e e t t o y , »:t t h e r-.ue o f S jm t | iU, Indian Territory, on Dec. 18 , by Monroe C. Crawford,
c e n t f*n- h n n n iii. o n t h e Titt e e n i b t i e 1 s o f Apr**- a n d O c t o b e r in e a o li
TheupAiit price is $1,5 0,000. The sale is
y e a r , a l t e r t h e n f ie e t t f h ‘l a y o f O e l u w r l a t h e y e a r 18 0 s . I h is ( i'lliy a - j Special Master.
i l « u l« r«wi o f a s e r ie s o f t* tii% a rf«t»s o f t ik e t e n o r « w l e f fe c t , a m o u n t l a g I for the purpose of perfecting title to the property with the
tn t h e a g g r e g a t e n> t h e p r i n c i p a l m l in o f * 8 , 0 9 0 . 0 9 0 .
St. Loni-i & San Frinct*co in accordance with agreement
S a w C’ t m i i , s t o c k , r o t t i i . M 6 . m i u , w iik n is V m
i i w t u , to be
made with the A. & P. reorganiz ition committee. Local
OlKAki KTti 8TO‘ Kiti»U)Ri<» tr Pot, «n«i « ,r ear for
interests are reported to be moving in the matter of building
Ttlf.lK (UlAKHS I* IlKOKStCKK C K « T I » tUATK*.
K:»rh of * ti l tthlikafioBs t« subject tti at, ag reem en t b etw een th e j a Hue from Oklahounor G u n n s to a connection at Sxpulpa
s s b i M e t r u p o iit n if S t r e e t H a t i w .y C o . a m i f h e M i r o p o P t o u T r a c t i o n I with the 'Frisco system .—V. 65 p. 9*5.
C o . , o f N ew - Vnrfc, d *te*t
1 ",rt*. 1 8 9 7 , p r o v i d i n g t h a t w h e n e v e r th e [
Staten Island Rapid Transit RR. Quarterly.—Earnings
C o lo r :* 1, s t o c k O f - o i l M e u o p o l l l i t t l t it le -t H * ! s :*}• C o . s tail tie Itle r s t M d in t h e e x t i a t t o f * 0 ,0 0 0 ,0 0 *1. s u c h a d d it i o n a l s t o c k s i m l i h e I for the quarter ending Sept. 80 have been reported as follows :
nm-re.| a t p a r , f o r e m u . t o t h e s t e e k t io i ! e : ' , o f *s*iil -M e tr o p iitito , s t r e e t
Ft,*: 1w a y i n, o r r e o n ! a t Use tim e o f - tots t u o r e a s o , m t i e p r o p o r t i o n
o f tlH B Ih O h tloK *: t h a t toe s a id o u l i . r i 'l .n i * shad »»e r e * -e lv a o le . In lie u
o f e .iO i. o y t h e d e t r o p o l it A u s t r e w , k t i l w a ; C o m p a n y f r o m i t s - t o kh o ld e r s i n m e p r o p o r i t o i i * o f t h e i r h o b l l o g s a t p a r a n d a c c r u e d l a t e r r e t us pttjmunti for inch additional mock.
A s r D tm x T O S R C m w t m *
tervt s o R b t u i b u h i t b e C a i m c d

3 m o n th * r a t t i n g
O r >*$
s* p \ 30,
e a rn in g *
■
. 1 * 9 7 , ............ .. ............. . , $ 1 0 2 , 0 4 7
j 1 3 IIC . . . . . . . . . . . . . . . .. 210,965
i
Lotus and bills parade

N et
e a r n in g s ,

fn te r e s f,
ta r e s , etc,

B a la n c e ,
s u r p lu s .

$ O 2 .l i 0
1 2 3 ,0 6 9

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

$ 1 2 ,2 2 4
4 5 ,3 3 2

Sept, 30, 1897, $744,409, against
$7-2.470 on Jane 30.—V. 85, p. 515.
roH Ksoemmos is Cash *>k stock at Cobeasv's Optiok.
i Third Avenue RK.—Metropolitan Street Ry.-C om proA n d t h a t tn r o s e o f s u c h i - o . i r a m t o f f e r o f s t o c k n o d a f t e r a r e a s o n : rniw.—At th-: annual meeting <>f the Third Avenue Ci. last
able Mine for action ih....... . «U of •act o b l i g a t i o n * wuioh -hall r .o im iu j week a eomor mu*-* with the Metropolitan Street R f. was
o n fs t A ii-iin k to *> o e r e t ir e 1 a t t ie , o p t i o n o f t o e M - t r o p o l i t o n S t r e e t ] ra'iftod by which th* latter is to withdraw its opposition to
H a iiw flv C o m p a n y by t h e p a y m e n t o f p a r e n d s o r r a s d I n t e r e s t, o r by i
the Tuird Av-nine's K in'sbrilge extension and the Third
t h e O A n o o n g e o f s t o c k o f th e s o l d B tr h e t R a i l w a y C o t h e r e f o r a t p a r .
m n u t e n t o C a l l r o a F i f U t S T a t P a h i s C a s h AtTRK J a s . 1 , 1 8 0 9 . : Avenue is to allow the Metropolitan to put its underground
T h is e b l is f s i io n I* s iils je r t t o tins f a r t h e r r ig h t * o f t h e M e E ro p o llta si ! trolley in Park E iw and t> cross the Third Avenue tracks at
S t r e e t R a h w a y C o m p a n y , a* a n y t im e a f t e r J a n u a r y , 1 8 9 0 , t ■ r e t ir e ; 116th Street and Third Avenue. The compromise also allows
a n d e a n c e i t b « s a -n e a t p a r a n d a c c r u e d i n t e r e s t iip im t h r e e m o n t h s ’
for the building of two trolley tracks in Amsterdam Avenue,
n o t i c e , p a b li s li e d d a f f y f o r On « w e -k in t w o d a l l y n e w s p a p e r s p r in t e d
the use of which the Third Avenue RR. Co. w ill lease from
in th e C it y o f S e w Y o r k . A f t e r f h e e x p i r a t i o n o f t h e t im e l im i t e d In I
th-!
Metropolitan.—V. 65, p. 923, 925.
s u ch n o tic e , in te re s t o n th is o b lig a t io n s h a ll eeaae.
P r iv il e g e o r T s s s s e e r .
Third Avenue RIL. N. Y. City.—Quarterly.—Earnings for
T h l# O b l ig a t i o n is t r a n s f e r a b l e b y t h e p e r s o n a b o v e n a m e d o r h i* the quarter ending S >pt, 30 have been reported as follows:
le k iR r v p f t 'a c n t a f l t e a o n l y b y a s s i k B o i c ii t i n w r i t in g u p o n t h e b o o k s o f
th e s a id

M e tro p o lita n S tr e e t R a ilw a y C o m p a n y

a t

Its

o lM e o o r a x e n o y

In the City Of New York, and by tins aarroBdar and cancellation
thereof, whereupon a n o w registered o b l i g a t i o n will be issued in th e
name of the assignee.
[SigTswl b y P r e s i d e n t o r V i c e P r o e M e n t a n d S e c r e t a r y o r
T r e a s u r e r , u n d e r c o r p o r a t e s o a f, a n d r e g i s t e r e d b y t h e
U U a r a n ty T r u s t C o . R e g is t r a r .— E o . l
V. 6 5 , p . 925 .

[S E A L ]

{

3 m o*, r m i .
G ro ss
Set
S e p t. 3 0 .
e a r n in g s , e a r n in g s .
1 8 9 7 .................... .. . . f 6 7 8 .9 3 3
8 3 1 9 ,6 7 1
1 8 9 6 .....................
7 0 7 ,9 1 2 3 4 9 ,9 1 0

O th e r
In c o m e ,
* 2 0 ,1 1 9
1 9 ,0 3 8

In te r e s t, V a la n c e ,
ta x e s , die. s u r p l u s .
$ 9 1 ,8 2 1
8 2 4 0 .9 6 9
8 6 ,7 8 0
2 8 2 ,1 9 8

Loans and bills payable Sept. 30, H97, $3,972,400, against
$1,875,000 on June 80.—V. 65, p. 923.

—Attention is called to the offering of $1,315,000 Akron
Nassau Electric KB .—Quarter l >/.—The operations of this Street Railway & Illuminating Co. five per cent 30-year con­
company include the Atlantic Avenue RR. and the Brooklyn sol. gold bonds. Very Full particulars regarding this offering
Bath & West End RR. Earnings for the quarter are :
of bonds is given in the advertisement. Public accouatante
3 m o*. e n d ,
O m it
AVf
O th e r
In te r e s t,
B a la n c e ,
estimate the value of the property covered by the mortgage
H ept, 3 0 .
r a r n 'a t .
e a m 'g t ,
in c o m e .
ta x e s , tic.
s u r p lu s .
at $1,609,000, to which should he added $1,500,000 as a con­
1 8 9 7 ......... *633.011
* 2 9 0 ,8 2 3
*071
* 1 9 8 ,1 9 5
$ 0 2 ,9 9 9
servative estimate of the value of the franchises. Subscrip­
1 8 9 6 .............
5 5 1 .1 7 0
2 4 2 .0 8 8
1 8 ,0 5 0
1 7 7 .8 0 8
8 2 .3 7 6
.Vow Amsterdam Gas.—Meeting Nov. 19 to R atify Consoli­ tions will be received until 3 p . m . N o v . 22 by Messrs. Sutro,
dation ,—-Notice is given that a special meeting of the stock­ Scholle & Co., New York, and H. F. Bachman & Co., Phila,
—Messrs. Redmond. Kerr & Co. have issued a pamphlet of
holders will be held at the office of the company, No. 40 Wall
Street, on Nov, 29, 1897, to act upon the agreement of con­ 65 pages, describing all the Btreet railway properties bf
solidate >u between the company and the Equitable Gas Light Greater N ew York. The work is handsomely printed, and
Co. and the New York <fc East River Gas Co.—V. 65, p. 869. containing as it does a large amount of detailed information
New York Central & Hudson River RR.—Quarterly.— bronght down to a very late date with respect to securities,
earnings, etc., etc., will undoubtedly prove an interesting
Earnings for the quarter ending Sept. 80 are as follows:
and useful book of reference.
3 mt>§. m id ,
0rm »
W et
F irs t
D iv id e n d s
B a la n c e ,
Meat, '40. e a r n in g * , e a r n i n g s ,
ch a rg es,
d e c la r e d .
s u r p lu s .
—Messrs. Price, McCormick & Co. have received advices
1 W ..........$ 1 2 , H3,nll $4^3'2 1 ,4 3 6 $2.8 2 »»,'2 fH (l^o) l.000.000 $701,042
from the Comptroller of the Currency to the effect that the
m m ........... 1 1 .2 6 0 . -i0 0 3 ,6 7 3 ,1 3 1 2 .0 2 7 ,0 .0 3 U % r 1 ,0 0 0 ,0 0 0
4 6 ,0 1 3
two per cent bonds will now be received attbeir par value as
— V, 6 5 . p. $ 1 6 , 523 .
>>n York Light, Heat A Power.—Incorporated.—This a basis for circulation, instead of at ninety-eight per cent.
—Messrs. Harvey Fisk A Sons’ list of selected securities
company was incorporated at Albany, Nov. 18, to manufac­
ture electricity for light, heat and p >wer in New York City, issued under date of Nov. 15 contains valuable information
for the investor, giving him the benefit of expert examina­
The directors are: Albert Rayaand, of New Dorp. S.
Ernest Q , W i g h t i n i n . o f S t a p l e t o u , S . I . , a n d R o b e r t E m m e r . tion in the selection of his investments.
—Messrs. Vermilye & Co. and Kuhn, Loeb & Co. offer to
o f N e w Y o r k C ity .
~l ~*f
Northern Par Jfir Rr«—f :i>9,000 Qrw-ral First Mortgage investors city of New York 3i4 per cent gold bonds maturing
1916-'927. The bonds are exempt from taxation.
tie D r a w n f a r P a y m e n t — I n o u r a d v e r t i s i n g c o l u m n s w i l l b e
—The Old Colony Trust Company of Boston, T. Jefferson
f o u n d ( b e n u m b e r s o f $499,000 general f i r s t m o r t g a g e 6 s
w h i c h w .- r e d r a w n b y l o t o n M o n d a y a n d w i l l b e p a i d a t 110,
Coolidge, Jr,, President, publishes in to-day’s OurO.niclh its
t o g e t h e r w i t h t h e c o u p o n o f J i n , 1 , 1 8 9 8 , o n p r e s e n t a t i o n at
statement of condition on Oct. 30.

THE CHRONICLE

978

[Vol. LAV

pLepxrrts atul Jfy&mmmts.
BALTIMORE

&

OHIO

RAILROAD

COMPANY.

SEVENTY-FIRST ANNUAL REPORT—FOR THE YEAR ENDING JUNE 30, 1897.
O f f ic e

of

B a l t im o r e & O h io R a il r o a d
B a l t i m o r e , November

th e

Com pany, >

)
To the Stockholders o f the Baltimore <£• Ohio Railroad Company :
The President and Directors submit the following statement of the affairs of the Company for the year ended June
80, 1897.
The property of the Company has been operated by the Receivers during the entire fiscal year, but, as explained in the
last Annual Report, the Board deem it proper to continue the regular annual statements of the Company.
T h e G e n e r a l Balance Sheet, the tabular Statements of the General Auditor, and the Report of the General Manager,
are appended.
o p e r a t io n s

f o r

t h e

y e a r

10, 1897.

.

General Income Account.
E

a r n in g s

T h is

Year E nded
J u n e 30, 1896.

Tear E nded
J u n e 30, 1897.

.

Y ear.

In c r e a s e .
$ 1 8 ,3 3 6 ,8 5 1
5 ,0 5 9 ,0 0 1
7 4 5 ,3 2 4
5 9 2 ,7 0 1
8 4 8 ,2 4 2

F r o m F r e ig h t® —
P a s s e n g e r s ............
M a i l .............................

E x p r e s s ................
• M is c e lla n e o u s ..

87
92
71
53
28

$ 2 5 ,5 8 2 ,1 2 2 31

T o ta l E a rn in g s .

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

Year E nded
J u n e 30, 1895.

D ecrease.

84
39
39
85
13

$ 1 ,5 1 8 ,1 8 0 0 3

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

$ 1 ,6 3 7 ,3 4 0 71

$ 1 5 ,5 9 1 ,0 6 2
5 , 0 4 9 ,0 9 7
7 0 6 ,6 0 3
* 2 0 ,6 6 6 32
6 1 1 ,7 3 7
8 5 8 .6 8 2

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

04
27
05
80
08

$ 2 2 ,8 1 7 ,1 8 2 2 4

Ope r a t in g E x p e n s e s .
$ 1 ,8 9 3 ,1 9 6
1 0 ,4 6 3 ,2 9 4
3 ,5 2 1 ,8 4 2
4 ,1 3 3 ,7 6 1

G e n e ra l E x p e n se s
C o n d u c t i n g T r a n s p o r t a t i o n ........................
M a i n t e n a n c e o f E q u i p m e n t .........................
M a in te n a n c e o f W a y a n d S tr u c tu r e s .

27
02
20
32

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

17
64
17
37

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

10
38
03
95

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

90
19
03
71

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

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

N e t E a r n in g s fro m th e O p e ra tio n s o f th e P r o p e rty .
(S e e
T a b l e A ) .............................................................................................................................
A d d I n c o m e f r o m o t h e r s o u r c e s ( S o o T a b l e C ) . .............................

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

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

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

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

T o t a l ..........................................................................................................................
D e d u c t N e t E a r n i n g s f r o m W a s h i n g t o n B r a n c h ...........................

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

$ 7 ,4 3 0 ,2 8 5 89
9 9 ,9 2 6 0 4

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

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

A v a ila b le I n
F r o m w h io h d e d
R e n ta ls , T a x e s
te rm s o f L e a ses

$ 6 ,5 9 3 ,9 9 0 15

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

$ 7 3 6 ,3 6 9 7 0

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

7 ,7 7 1 ,1 1 1 2 7

7 , 2 0 2 ,8 5 4 7 7

5 6 8 ,2 5 6 5 0

6 , 7 5 9 ,6 4 3 1 8

D e f . $ l ,1 7 7 ,1 2 1 12

$ 1 2 7 ,5 0 5 0 8

$ 1 ,3 0 4 ,6 2 6 2 0

$ 1 ,7 0 9 ,6 8 1 0 0

9 0 .0 0 0 0 0
6 0 .0 0 0 0 0

9 0 .0 0 0 0 0
6 0 .0 0 0 0 0

1 8 0 ,0 0 0 0 0

$ 1 5 0 ,0 0 0 0 0

$ 1 5 0 ,0 0 0 0 0

$ 3 0 0 ,0 0 0 0 9

T o ta l E x p e n s e s .

com
uct
and
see

e ...................................................................... ..................
I n te r e s t o n B o n d e d In d e b te d n e s s ,
o th e r C h a rg e s.
(S ee T a b le D .
For
T a b l e I ) .........................................................................

B a la n o e .
P

a y m en ts

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

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

.

D iv id e n d o n 1 s t P r e f e r r e d S to o k , 6 p e r o e n t..
“
2d

R e m a in d e r.

D e f . $ l , 1 7 7 ,1 2 1 1 2 D e f. $ 2 2 ,4 9 4 9 2 D e f . $ l , 1 5 4 , 6 2 6 2 0

P a y m e n ts h a v e b e e n m a d e to r e tir e B o n d e d a n d o th e r In
d e b te d n e s s , a s f o llo w s :
P r i n c i p a l C a r T r u s t B o n d s ..................................................................................
“
E q u i p m e n t T r u s t B o n d s , S e r i e s A ..........
“
“
“
“
“
B . . . „ . .........................
W h e e l a g e C a r T r u s t p a y m o n t s ......................................................................
P a y m e n t to C ity o f B a ltim o r e f o r th e p u r c h a s e o f i ts i n ­
t e r e s t in t h e P i tt s b u r g & C o u n e lls v ille R a i lr o a d ..
C a s h A p p r o p r i a t i o n s t o S i n k i n g F u n d s ............................................
S o m e r s e t & C a m b r i a R a i l r o a d T r a f f i c B o n d s .............................

$ 1 3 5 ,6 3 1 0 0

T o t a l..

$ 2 5 0 ,0 0 0 0 0

200,000 00

200,000 bo

3 ,5 0 0 0 0

4 0 .0 0 0 0 0
5 8 ,0 5 7 81
1 3 .0 0 0 0 0

$ 1 3 9 ,1 3 1 0 0

$ 6 9 4 ,8 3 4 9 7

•M i s c e l l a n e o u s —
E
E
C
E

$ 1 ,4 0 9 , 6 8 1 0 9

$ 2 5 0 ,0 0 0 0 0
1 3 3 ,7 7 7 16

$ 1 ,8 5 3 8 4

$ 2 5 0 ,0 0 0 0 0

100,000 00
200,000 00
1 1 3 ,6 0 6 2 1

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

i«Q 7

120,000 00

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

1896.
$ 1 4 0 ,5 0 5 2 4
1 8 7 ,3 5 5 7 3
3 5 ,2 1 4 0 8
1 0 6 ,4 1 8 0 8

l B v a t S r i ......................................................................................................................................................................8 1 2 7 , 2 9 2 0 1
l e v a t o r s ................. ..
.............................................................................................................
_
514 125 11
a r S e r v i c e , S h e p h e r d F e r r y , W h a r f a g e a r i d S cry, a g e . S u n d r y R e n t s A c " *
8 3 ’l 6 i 3 4
x c e s s B a g g a g e , M i l k a n d S u n d r y M i s c e l l a n e o u s P a s s e n g e r E a r n i n g s . . . . 1 2 3 ’, 6 6 3 8 2
T o t a l ......................................................................

.............................- ..................................................... ..........................................$ 8 4 8 ,2 4 2 2 8

$ 4 6 9 ,4 9 3 1 3

Gross Earnings, Expenses and Net Earnings of Each Division.
of
gH?SS earninP t the expenses and the net earnings of the Main Line and Branches, and
Notes to Ta ,l,? n
!
fye,a,r endf d June 30>1897, witli comparison for the year ended June 30, 1896. (The
Notes to lable B are applicable to this table. These notes will be found on page 973.)
G ross

1897.
M

a in

L

in k

, In c lu d in g B ra n c h e s *

P arkkusduko B r a nc h ................
W

a s h in g t o n

B

r a n c h

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

Pan.A H Ei.niiA D iv isio n **...........
P m s i i m i o D iv isio n ***.................
W

h e e l in g

P

u t s

,

a

B

a lto

. D rv -

M idlanii D iv is io n .......................
Central O hio D iv is io n ....... .
Lake E r ie D iv is io n .....................
9 tkaitsvili .e D iv isio n .................
Chicago D iv isio n ..............
A kron D iv isio n ......................
W ooster B r a nc h ..........
T o ta l.

11897,5 months.

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

E a r n i n g 8.

E xp en ses.

1896.
54 $ 1 1 ,2 4 9 ,9 8 (1 0 6
50
7 4 2 ,2 1 6 7 0
89
6 2 3 ,4 0 6 41
22
1 .6 7 9 ,1 3 3 72
52
3 ,1 0 5 ,8 7 1 61
83
6 7 2 ,6 3 4 7 5
05
3 7 0 ,5 5 8 7 5
13
1 ,1 9 9 ,1 0 5 0 7
81
8 4 5 ,6 8 0 2 2
09
1 4 3 ,1 0 4 0 3
22
2 ,8 6 2 ,6 2 4 9 5
56
4 2 7 ,7 3 1 6 7
89
1 6 ,7 2 7 0 6

1897.
$ 9 ,2 8 7 ,3 6 6
6 8 4 ,0 9 2
6 2 6 ,9 2 7
1 ,3 0 5 ,1 1 8
2 ,4 6 7 ,3 7 5
6 8 0 ,0 3 4
2 9 9 ,8 8 0
1 ,1 3 5 ,9 2 0
8 0 0 ,2 7 7
1 3 8 ,6 0 5
2 ,2 2 1 ,6 0 2
3 3 4 ,0 8 2
3 0 ,8 LO

N e t E a r n in g s .

1896.
33
94
05
00
85
55
65
15
03
55
38
34
99

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

1897.
30
37
3~

57
66
48
29
20
47
33
05
23
03

$ 2 5 ,5 8 2 ,1 2 2 3 1 $ 2 3 ,9 4 4 ,7 8 1 6 0 $ 2 0 ,0 1 2 ,0 9 3 81 $ 1 7 ,5 8 3 ,4 2 0 3 5

1896,12 months.

VJ

$ 3 ,5 8 3 ,6 1 1
6 9 ,6 0 4
1 6 ,7 5 4
5 3 6 ,6 7 6
5 0 4 ,8 8 5
D e f .35 826
6 1 ,0 0 4
9 0 ,6 0 7
8 0 .8 7 9
D e r .1 6 ,9 1 2
5 9 9 ,2 0 0
9 1 ,2 2 2
D c / , 1 1 ,0 8 0

1896.
2 1 $ 3 ,7 1 4 ,0 6 2 7 0
62
1 5 0 ,0 1 0 3 3
84
9 9 .9 2 6 0 4
4 5 0 ,3 8 9 1 5
22
67
7 8 2 ,4 9 3 9 5
72
D e f . 1 ,2 1 5 7 3
40
9 7 ,7 2 3 4 6
98
1 5 2 ,9 8 5 8 7
78
1 4 9 ,5 7 1 7 5
46
7 ,2 9 5 7 0
84
6 9 1 ,9 4 6 9 0
22
8 1 ,3 5 8 4 4
10 D e f . 1 5 , 1 8 7 3 7

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

31

THE CHRONICLE.

N ovember 20, 1897. j

979

A comparison of the twelve months ended June 80, 1897, w ith the twelve months ended June 80, 1896, shows the
follow in g:
I n c r e a s e In g r o s s e a r n i n g s ..............................................................
§ 1 ,6 3 7 ,3 4 0 7 1 o r 6 -8 4 p e r c e n t,
“
•• o p e r a t i n g e x p e n s e s ................................................................................................................... 2 , 4 3 8 ,6 7 3 4 6 o r 1 3 -8 1
“
D e c r e a s e •* n e t e a r n i n g s ................................................................................................................. - .......... 7 9 1 ,3 3 2 7 5 o r 1 2 - 4 4
"
1 , 5 1 8 ,1 8 0 0 3 o r
9 -0 2
“
I n c r e a s e •< e a r n i n g s f r o m f r e i g h t ....................................................
D e c r e a s e “ e a r n i n g s f r o m p a s s e n g e r s .................................................
2 5 6 ,9 4 1 4 7 o r
4 -8 3
“
T R A F F IC M O VEM EN T.
1897.
................................................
1 8 ,7 1 6 ,6 6 5
....................................................3 ,4 9 9 ,0 7 5 ,7 6 0
...................................................
1 S 6 :9 5

T o n s o f f r e i g h t c a r r ie d ....................................................
T o n s o f f r e i g h t c a r r i e d o n e m i l e .................................
A v e r a g e d i s t a n c e c a r r i e d p e r t o n — m iles.............
A v e r a g e r a t e p e r t o n p e r m ile , c e n t s ........................
P a s s e n g e r * c a r r i e d ..............................................................
P a s s e n g e r s c a r r ie d o n e m it e ..........................................
A v e r a g e d i s t a n c e c a r r i e d p e r p a s s e n g e r m ile s .
A v e r a g e r a t e p e r p a s s e n g e r p e r tu lle , c e n t s ........

1896.
1 7 , 8 6 1 ,9 2 7
2 , 8 3 6 ,2 3 8 ,7 8 3
1 5 8 -7 9

693>ooo

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

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

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

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

174"n)oo

l ‘»1000

The expenditures for Maintenance of Way are $1,214,711 95 in excess of those of last year. This is an increase of
41-61 per cent. During the year the Receivers have rebuilt
a large number of bridges, putting in modem steel bridges,
capable of carrying the heaviest trains, in place of old iron
bridges, built many years ago when rolling equipment was
light, and which it bad become necessary to support with
wooden trestles. The cost of all these new bridges was
charged to Maintenance of Way.
The Receivers also found it necessary to arch a number
of tunnels, and to place in the track much more than the
normal amount of new steel rails, cross ties and ballast.
As an illustration of such expenditures, it may be men­
tioned that the entire Washington Branch was relaid with
steel rails, the ties largely renewed, and a large amount
of stone ballasting put in, the entire earnings of this Branch
having been used to put its roadway in perfect condition.
Another instance is the Philadelphia Division, whereon
more than one-third of the ties have been renewed during
the paat year.
These are examples of the work done on the Company’s
roadway by the Receivers during the past year.
The expenditures for Maintenance of Equipment were
$508,633 03 more than for the fiscal year ended June 39,1898,
and $1,439,128 17 more than for the year ended June 30,1895.
The Receivers have placed in thorough repair all the cars
and engines of the Company which could profitably be put
in condition, end hence the largo increase in expenses for
Maintenance of Equipment,

8 5 4 ,7 2 8 I n c r e a s e .
6 6 2 ,8 3 6 ,9 7 7 I n c r e a s e .
2 8 -1 6 In c r e a s e .
0<i9,ono D e c r e a s e .
2 2 3 ,1 1 8 D e c r e a s e .
8 ,2 1 5 , 2 3 7 D e c r e a s e .
os100 D e o r e a s e
OS8IOOO D e c r e a s e

two tracks, and four separate yards capable of holding 1,768
cars, instead of 603 ears, the number which could be placed
in the old yards. More than four times the interest upon
the cost of the improvement is already saved in the re­
duction of sw itching service, and the cars are handled w ith­
out delay, thus securing a much better use of the equipment.
A very large mileage of new sidings has been constructed,
facilitating greatly the movement of trains.
A much needed new erecting shop, with electric cranes,
costing $48,904 73, has been built at Mt. Clare.
A new tug and tw elveisew barges have been purchased
at a cost of $78,365 SO. of which amount $66,565 20 appears
in construction account for the year.
For details of these expenditures for Construction, see
Analysis of Table B page 17. pamphlet report.

Sinking Funds.

The cash appropriations to the Sinking Funds of the
Sterling Loan due ha 1927, and the P. & 0 . Cons didated
Mortgage Loan due in 1928, now aggregate $1,739,196, as
shown in Table G, no additions having been made duing the
fiscal year.
The ni vest merit« for the appropriations and increments of
the Main Line Sinking Funds, in pursuance of the agree­
ment to that effect. have been made in the Consolidated
Mortgage five per cent one hundred-year Bonds of this
Company.
These investments in the hands of the Trustees of the
Main Line Sinking Funds now amount to $9,936,212, viz.
$8 ,147,01)0 i onsulidated Mortgage five per cent one hundredTonnage of (he Year, with Comparisonyear Bonds of the Company. $3,365,228 of other interestThe tonnage moved on the entire System is shown by the hearing bonds and $423,984 of Canceled Bonds of the 1902
and IfrlO Loans. See “Sinking Funds,” Balance Sheet,
following statement:
T oss curried in 1894. *,$29.04$ Tons carried in 1801.14,858,972 Table E.
......................1892 ■15,788,859
•• 18*5. 8.422.930
Honing Equipment B. <£ 0. HR. Proper.
•’
“
“ 1893.16,356,405 R e f e r r in g t o T a b l e “ E .” 7 0 t b A n n u a l R e p o r t , i t w il l b e
«
•* “ 188ft. 9.807,680
» « '-'I t h a t th e E q u ip m e n t in s e r v i c e , e x c l u s i v e o f C a r
*.....................1894.13,857,175
“
“
*• 18*7 10.W2.893
T r u s t E q u ip m e n t u n i! E q u ip m e n t o f % M * e d L in e s , a t
...................... 1895.16,080,423
“
•* “ 1888.11,196,M0
J u n e 3 0 t h . 1 8 9 6 , w it* 177 d i v a n L o c o m o t i v e * , 4 S p a r c
**
“
“ 1896.17,861,927
•* “ 1889.13.101,880
T e n d e r s , 8 0 B a g g a g e a n d M a il, 3 4 1 P a s s e n g e r , 3 4 0
"
“
’* 1707.18,716,655
**
I* " 1890.13,988,176
R e f r i g e r a t o r , 51 E x p r e s s , 5 D in i n g a n d 1 5 ,2 8 4

Construction and Bett»raunts.
T b a a g g r e g a t e e x p e n d it u r e * f a r C o n s tr u c tio n

am i

B e t-

taroicAta for the twelve month* have been_______ ..,$1,895,496 80

F o r th e t w e lv e m o n th s e n d e d J u n e 8 0 ,1 8 9 6 , th e y w e r e ..

5 0 9 ,1 2 7 11

A n I n c r e a s e f o r t h e t 2 m o n t h s e n d e d J u n e 3 0 . 1 8 9 7 . o f . f 1 ,3 8 6 .3 0 9 6 9

This sum of $1,395,498 80 has been charged to the different
investment accounts to which the expenditures appertained.
It is distributed as follows:
L in e s E a s t o f B a lt i m o r e ........
.......................................
...
M a in S tern »t>4 B ran eh r- « ( t n e l « d n g P a r k e r s b u r g B r a n c h ) ,
P i t t s b u r g D iv is io n ( I n c l u d i n g w . p a b . h r . ) .......................
T r t u is o i u o D tv ta lo tt.................................t ..................................... ..

¥ 1 2 7 ,2 7 6 9 5
8 7 9 .0 0 7 7 9
7 6 9 .8 7 1 9 2
9 9 , 3 4 0 14
$ 1 ,8 9 5 ,4 9 6 8 0

And provided for as follows:
F r o m T e r m i n a l M o r t g a g e F o n d " .......................................................
F r o m R e c e i v e r s " C e r t i f i c a t e s Seri??* 1 ...........................................
F rom
•*
**
"
2 ......................
F rom
••
••
•* 3 .......................................
F ro m

"

••

S p e c i a l ...............................................

B y r e e o n p m e n s f r o m C e n tr a l O h io R a il r o a d C o . ..................
A n d Xt.n i u u u c e o f
................... . . . .................
.................
f r o m th e G e n e r a l T r e a s u r y o f t h e C o m p a n y .

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

97
29
48
24

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

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

T o t a l . . . .................... ........................ .....................................................« ! . 3 0 M £ 6 8O

F r e ig h t a n d R o n d C a r * ................................ ................................ $ 1 2 ,1 5 8 ,64Q
T h e r e h a v e b e e n c h a r g e d t o t h is a c c o u n t
d u r i n g t h e fis c a l y e a r , 4 E l e c t r ic M o t o r s ,
11 P a s s e n g e r , 4 D in i n g a n d 1 5 7 F r e i g h t
O a r * ....... ......................................................... ..
§ 2 9 5 ,0 1 4 4 1
te L o c o m o t i v e * and (Mrs......
8 8 ,3 4 2 0 9
3 8 3 ,9 5 8

Betterments

C r e d it s h a v e been m a d e f o r t li e r o s t o f 6 2
L o c o m o t i v e * . 1 S p a r e T<*m l«r. 2 E x p r e s s ,
4 R e f r i g e r a t o r s , 2 ,1 9 4 F r e i g h t a n d R o a d
C a r * , - p u t o u t o f so r r ie r ? ’ ' t h r o u g h c o n ­
d e m n a t i o n . w r e c k , d e s t r o y e d o n F o r e ig n
R o a d s , b y tir e a n d s<dd> ................................ i 1 ,3 4 3 ,8 7 8 7 9
And. b y c h a n g e s In c la s s e s o f e q u i p m e n t .
3 0 ,4 3 1 3 5

B a l a n e e J u n e 3 0 , 1 9 9 7 ................................

.04

50

§ 1 2 ,5 4 2 ,5 9 6 54

1 ,3 7 4 ,3 1 0

14

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

R ed u ced to
R e - v a l u a t i o n J u n e 3 0 t h , 1 8 9 7 , t o (S e e
T a b le -* E ." i................ ............................................................................ $ 6 , 6 8 1 ,6 8 5 3 7
b e i n g tin? v a l u e o f 4 1 5 S te a m L o c o m o t i v e s , 4 E l e c t r i c
M o t o r s . 3 S p a r e T e n d e r s . 8 6 B a g g a g e a n d M a il, 3 3 6
P a s s e n g e r . 3 4 8 R e f r i g e r a t o r * . 4 0 E x p r e s s , 8 D in i n g
a n d 1 3 ,2 5 1 F r e ig h t a n d R o a d C a rs .
D if fe r e n c e c h a r g e d t o 1 'ro llt a n d L o s s (S e e T a b le •‘ l*'” ) . . $ 4 ,4 8 6 ,6 0 1 0 3
T h e a m o u n t o f r e d u c t io n , v i z ........................................................
1 ,3 7 4 ,3 1 0 1 4
I* a c c o u n t e d f o r a * f o l l o w s :
S a l v a g e ..........................................................
$ 1 9 2 ,2 9 3 6 1
R e c o v e r e d t h r o u g h I n s u r a n c e ..................
2 ,8 6 8 52
R e c o v e r e d f r o m F o r e i g n R o a d s ..............
2 3 ,2 2 4 0 6
C h a r g e d t o P r o f it a n d L o s s (S e e T a b l e
" F ' i ..................................................................... 1 , 1 5 5 , 8 2 8 9 5 $ 1 , 3 7 4 ,3 1 0 1 4

A* explained in previous Reports there is a trust fund in
bank, derived from the sale of Terminal Mortgage Bonds,
which can be used only for making certain improvements.
Th» Receiver-, have concentrated the expenditures out of
The following additions have been made to the Com­
this fund substantially at two points, viz.: the Pittsburg- pany’s equipment during the year:
GIon wood Terminals and the shops, round-house, yard, etc.,
1 E le o t r in M o t o r ,
1 0 C o m b i n a t i o n C a r* ,
at Cumberland. The entire expenditure out of this fund
4 D in i n g C a r* ,
1 O ffic e r s ’ C a r,
1
5
0
H
o
p
p
e
r
G
o
n
d
o
l
a
C
a
r
s
(
a
c
q
u
i
r
e
d
u n d e r W h e e l a g o T r o u t w it h Con­
during the year hue been $823,279 *7, of which amount
s o l id a t i o n C o a l C o m p a n y ),
$608,696 87 represents current construction.
1 B o x O a r,
1 D e r r ic k O a r.
2 S e r v ic e F la t C a rs,
The grade* and alignment of the road between Baltimore
2 C a b o o s e O a rs,
2 S id e D u m p C a ra ,
1 G o n d o l a C a r,
and Cumberland have been much improved, and as a conse­
A t a "c o s t o f ................................................................................... $ 1 7 3 ,8 8 7 7 7
quence of this improvement the train-loads on the Second
There have been added also to the equipment during the
Division, between those points, have been increased at least year, through the Baltimore & Ohio Equipment Company
thirty per cent.
Car Trust:—
New docks, to berth two ocean steamships, have been
7 5 L o c o m o t iv e s ,
1 ,8 0 0 B o x C ara,
3 ,2 0 0 C o a l O a rs,
constructed at Locust Point, and an old Pier there re­
C a s t i n g ............................................................................ ......... .. $ 3 , 3 6 1 , 9 3 0 0 0
arranged. The officers of the Receivers estimate that the
And through the Fairport Line Car Trust:—
entir- expenditure for this work will be saved in a single
1 ,0 0 0 B o x C a r s , c o s t i n g ............................................................ $ 5 1 4 ,0 0 0 0 0
year in the reduced cost of unloading incoming vessels.
New Wheelage Car Trusts have been made with,
Large expenditures have also been, made at Locust Point
T h e C o n s o li d a t i o n C o a l C o . f o r
1 5 0 C o a l O a rs,
In rearranging the yards. Formerly the entrance to the
T h e G e o r g e * C r e e k C o a l & I r o n C o ., 5 0 C o a l C a ts ,
yards, under Fort Avenue, was by four tracks, two of which
T im U n io n M in in g C o m p a n y f o r
5 0 C o a l C a ra ,
alone, practically, could be used. Now there are twenbyA t o t a l o f 2 5 0 e a r s c o s t i n g ....................................................... $ 1 2 8 ,7 5 0 0 0

THE CHRONICLE.

980

The amount due depositors by the Savings Feature was:

To the Marine Equipment have been added: 1 Tug,

5 C o v e re d L ig h te rs ,
2 B a rg e s,
t> O p e n L i g h t e r s ,
C o s t i n g . .......................................................................... .................................

$ 7 8 ,3 6 5 2 0

It is proper also to state that under negotiations pending
at the close of the fiscal year, since completed, there have
been purchased by Car Trusts the following equipm ent:—
3 ,0 0 0
750
35
. 5

(voi. LXV.

B o x C a r s a t a c o s t o f . .......................................... .....................$ 1 , 5 5 7 , 0 0 0 0 0
H o p p e r G o n d o l a C a r s , c o s t i n g .......................................
3 7 7 ,0 0 0 0 0
F r e ig h t L o c o m o tiv e s , a n d
P a s s e n g e r L o c o m o t i v e s , c o s t i n g ............................ ..
4 4 9 ,3 9 5 0 0

A Committee of the Board, in connection with the offi­
cers of the Receivers, have made a re-valuation of all the
Company’s Equipment, including that covered by Car Trusts,
and the “Profit and Loss” table shows that the valuation of
the Rolling Equipment on the Company’s books has been
reduced $6,304,678 75, and that of the Marine Equipment
$314,162 00.
The value now on the books is regarded as a fair statement
of the worth of the Equipment, and for the Hseal year ending
June 30,1898, the Receivers inform the Board that they have
adopted the policy of requiring that all cars and engnes
covered by Car Trust agreements, when destroyed, shall be
at once rebuilt, and the cost charged to “ Maintenance of
Equipment.”
All other Equipment not covered by Car Trusts, some of
which is old and not standard, when put out of service from
time to time is to be replaced with Equipment of equal value,
to be built or purchased, and the cost thereof charged to
“ Maintenance of Equipment.”

Wheelage Trust Contracts.
U n d e r C o n t r a c t t h e r e lia s b e e n p u r c h a s e d s n e e F e b ­
r u a r y . 1 8 9 1 , 2 , 3 0 0 F r e i g h t O a r s a t a c o s t o f .................... $ 1 , 1 6 6 , 9 8 0 0 0
p a y a b le th ro u g h th e ir m ile a g e e a rn in g s .
T h e r e h a s b o r n p a i d t o J u n e 3 0 t h , 1 8 9 7 .....................................
5 6 3 ,4 6 1 41
L e a v i n g a b a l a n c e o f .................................................. .................................
5 9 8 ,5 1 8 5 9

The contract covering 150 cars of the Consolidation Coal
Company, amounting to $33,250, has been complied with,
and payment made for full amount. These cars are now
the property of the Company.

Relief Department.
The Report of the Relief Department for the twelve months
ended June 30, 1897, w ill be printed for distribution to the
members. The following shows the condition of that De­
partment:
The active membership at the close of the fiscal year was
25.713, being an increase of 2,524 as compared with the pre­
vious year.
T h e r e c e ip ts n n d in c o m e d u r in g th e y e a r e n d e d J u n e 3 0 ,
I s 9 7 . h a v e b e e n ........................................................................................................ $ 4 3 9 , 8 5 5 3 9
A n d t h e d i s b u r s e m e n t s h a v e b - e n ............................................................... 4 6 9 , 6 3 6 7 1
F r o m t h e o o r m u e u c e i n e m o f t h e 1 1 - lle f A s s o c i a t i o n t o t h e
d o s e o f t h e f l s o a l y e a r t h e d i s b u r s e m e n t s h a v e b e e n ..........5 , 4 6 1 , 3 3 9 4 7

A t t h e c l o s e o f t h e f i s c a l y e a r o f 1 8 9 6 ..............
$ 8 1 3 ,0 4 8
8 9 0 ,4 7 2
A t t h e c l o s e o f t h e t t s e a l y e a r o f 1 - 9 7 ......................................................
T h e d e p o s i t s d u r i n g t h e l l s c a l y e a r h a v e b e e n ................................. 2 4 0 , 7 7 5
T il.* w i t h d r a w a l s o f t h e d e p o s i t o r s d u r i n g t h e t i s o a l y e a r
h a v o b e o n ..........................................................................................................................
1 6 8 ,3 5 0

38
85
07
60

Tne am rant due by borrowers under the provisions of the
Savings Feature was:
A t t h e o l o s e o t t h e f l s o a l y e a r 1 8 9 6 ............
A t t h e c l o s e o f t h e t t s e a l y e a r 1 8 9 7 .......................................

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

An extra dividend of one and one-half per cent was de­
clared on all deposits drawing interest at the close of the
fiscal year, thus making the interest for the year equivalent
to five and one-half per cent per annum.
The funds of the Savings Feature are loaned only to em­
ployes of the Company, to enable them to purchase or im­
prove homesteads or to release liens thereon.
At the close of the fiscal year there were 292 names on the
pension roll, the disbursements on this account for the year
having been $46,346 83, and for the whole period since the
establishment of the Pension Feature October 1, 1884,
$354,128 02.

Contingent Liabilities.
T h e d ir e c t o b lig a tio n s o f tlie C o m p a n y a r e s h o w n In T a b le
“ B ,” b u t t h e r e a r e e n d o r s e m e n t s o f t h e C o m p a n y f o r t h e
P i tt s b u r g & W e s te rn R a ilw a y C o m p a n y a n d its a ff ilia te d
l i n e s , t o t h e a m o u n t o f ................................................. ........................................... $ 2 , 2 2 6 , 0 0 0
F o r t h e S t a t e n I s l a n d R a p i d T r a n s i t R a i l r o a d C o m p a n y ..........
5 0 ,0 0 0
A n d f o r t h e m a t t e r o f t n e F a i r p o r t D o c k s ...............................................
6 0 ,0 0 0

For the first two endorsements the Company holds se­
curities of the Pittsburg & Western Railway Company and
its a "filiated lines and the Staten Island Rapid Transit Rail­
road Company, and for the last endorsement holds $100,000
of the stock of the Pennsylvania & Lake Erie Dock Company.

Re-valuation of Assets.
The President and Directors of the Company appointed a
Committee to re-value the Stocks and Bonds of the Company
not pledged as collateral under the several mortgages, and
also other assets of the Company of various kinds, including
the equipment.
This Committee, after consultation with the Receivers and
their officers, presented to the Board its conclusions, which,
were adopted by the Board, and as a result of this report a
large reduction has been made in the amount to the credit
of Profit and Loss, the details of which are found in Table
F, covering the Profit and Loss account for the year.
The President and Directors take great pleasure in ac­
knowledging the faithful and efficient services of the officers
and employes of the Receivers, who have been operating
the property during the past fiscal year.
By order of the Board,
JOHN K. COWEN, President.

TABLE D.
S T A T E M E N T O F I N T E R E S T C H A R G E S , T A X E S , R E N T S , E T C ., F O R

T H E

F IS C A L Y E A R E N D E D

In c rea se .
L o a n o f 1 8 5 3 , ft 3 6 1 , 5 0 0 f o r 6 m o n t h s a n d $ 3 5 9 , 0 0 0 f o r 6 m o n t h s ® 4 p e r
c e n t p e r a n n u m ...................................................................................................................................................
L o a n o r 1 8 5 3 , $ 1 ,7 0 9 ,5 0 0 f o r 9 m o n th s a n d $ 1 ,6 6 0 ,5 0 0 f o r 3 m o n th s © 4
p e r e m i t p e r a n n u m ........................................................................................................................................
B o n d fo r th e p u r c h a s e o f th e i n te r e s t o f th e C ity o f B a ltim o r e in th e
P i t t s b u r g & C o n n * l l s v i l l e R a i l r o a d C o m p a n y , $ 2 0 0 , 0 0 0 n e t .............................
L o a n o f 1 8 7 2 , $ 9 , 6 8 0 , * 0 0 © 6 p e r c e n t p e r a n n u m .............................................................
L o a n o f 1 - 7 4 , $ 9 , 6 8 0 , 0 0 0 ® 6 p e r c e n t p e r a n n u m .......................................................... .
B o n d s o f N o rth -W e s te rn V ir g in ia R a ilr o a d C o m p a n y , d u e 1 8 8 5 , e x te n d e d ,
$ 1 4 0 ,0 0 0 fo r 9 m o n th s a n d $ 1 3 2 ,0 0 0 f o r 3 m o n th s © 6 p e r c t . p e r a n n u m
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........
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p n p o rt on .T T e rm tn a 1
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R e n ta l o n T e rm in a l P r o p e rtie s ..
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JU N E

30, 1897.

D e c r e a se .

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THE CHRONICLE.

IT ovembrb 20, 1897.]

981
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THE CHRONICLE.

9*2

T A B L E E .—G E N E R A L B A L A N C E

SH E E T , JU N E

[VOL. LX"V.
30, 1897.

C A IIT A L STOCK — 1 “ * P r e f e r r e d .................................. =■................................... ^ o 'n n n ’n n A m
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L o a n 1 8 5 3 . d u e 1 8 8 0 , e x te n d e d a t 1 p e r c e n t, J a n . a n d J u ly ....
L e s s b o n d s i n t r e a s u r y c a n c e l e d . . . ....................................................................

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

L o a n 1 8 5 3 , d u e 1 9 3 5 , e x te n d e d a t 4 p e r c e n t, A p r il a n d O c t..
L e s s p a i d a n d c a n c e l e d .......................................................... - - $ 7 9 0 , 5 0 0 0 0
L e s s b o n d s i n t r e a s u r y c a n c e l e d ...........................................
*} 9,< 0 0 t ) 0

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L e s s 2 0 a u u u a l p a y m e n ts to J u l y 1 , o f $ 4 0 ,0 0 0 e a c h ; 5 a n D nn
8 0 0 ,0 0 0 0 0
n u a l p a y m e n t s y e t t o b e m a d e , 6 p e r c e n t .............................................

200,000 00

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L o a n 1 8 7 4 , d u e 1 9 1 0 , £ 2 ,0 0 0 ,0 0 0 S t e r l in g ® $ 4 8 4 . M a y a n d N o v e m b e r , 6 % ...

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1 1 ,9 8 8 ,0 0 0 0 0
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L o a n 1 8 8 7 , d u e 1 9 8 8 , C o n s o lid a te d M o r tg a g e , A u g . a n d F e b ., M a in S te m , 5 % '
6 ,1 4 7 ,0 0 0 0 0
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— .............

2 9 . 7 5 1 , QOQ_Q0

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L o a n 1 8 7 9 , d u e l » 1 9 , P a r k e r s b u r g B r a n c h L o a n , A p r i l a n d O c t o b e r , 6 % ..........
L o a n 1 8 7 7 , d u o 1 9 2 7 , £ 1 , 6 0 0 , 0 0 0 S t e r l i n g -® $ 4 8 4 ( B . & O . & C . ) , J u n e & D e c , 5
L o a n 1 8 8 5 , d u e 1 9 2 5 , o n a c c o u n t P i t t s . & C o n n e l l s v i l l e , F e b . a n d A u g . , 5 % ------

2 0 ,7 4 4 ,0 0 0 0 0

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10,000,000 00

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B a ltim o r e B e l t F i r s t M o r tg a g e B o n d s , d u e 1 9 9 0 , M a y a n d N o v e m b e r , 5 % ..
R

8 ,5 0 0 ,0 0 0 0 0

6,000,000 00

’ C e r t if ic a t e s :
S e r i e s I . d u e 1 8 9 9 , J u n e a n d D e c e m b e r , 6 p e r c e n t ............................... .....................................
S e r i e s I I , d u e 1 8 9 9 . J u n e a n d D e c e m b e r , 5 p e r c e n t . ....................................................................
S e i i e s I I I , d u e 1 9 0 0 , J a n u a r y a n d J u l y . 5 p e r c e n t ......................................................................
S p e c i a l , a c c o u n t p u r c h a s e o f C a r F l o a t s , d u e 1 9 0 0 ......................................................................

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

6,000,000 00

e c e iv e r s

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

C a r T r u s t B n d s a n d L e a s e W a r r a n t s . (S e e T a b l e K , p a g e 2 7 p a m p h l e t ) . . .
B o n d s A s s u m e d b y t h e b l t i m o r e A O h i o R R .:
N o r t h - W e s t e r n V i r g i n i a R a i l r o a d C o m p a n y , 6 p e r c e n t — ...................................................
B a ltim o r e W a s h in g to n & A le x a n d ria B r a n c h o f th e W a s h in g to n C ity & P o in t
L o o k o u t R a i l r o a d C o m p a n y , 6 p e r c e n t .................................................; ......................................
D

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I n 5 p e r c e n t C o n s o l i d a t e d B o n d s .......................................................................................
$810 02
I n c a s h ............................................................................................................................................................ 1 3 8 , 1 2 6 2 5

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L ia b il it ie s :
D i v i d e n d s a n d C o u p o n I n t e r e s t u n c a l l e d r o r ..................................................
D u e t o t h e B a l t i m o r e & O h i o E m p l o y e s R e l i e f D e p a r t m e n t ..........
W a s h i n g t o n B r a n c h , i n c l u d i n g a n n u i t y ................................................... .............
D u e t o O t h e r R o a d s o n G e n e r a l A c c o u n t ................................ ......................
T r a f f i c B a l a n c e s d u o t o C o n n e c t i n g L i n e s ........................................................
A c c ru e d I n te r e s t o n F u n d e d D e b t a n d L o a n s to J u n e 3 0 , 1 8 9 7 .
A c c r u e d R e n t a l s t o J u n e 3 0 , 1 8 9 7 .............................................................................
A c c r u e d T a x o s t o J u n e 3 0 , 1 8 9 7 ..

00
00
00
00

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6 ,0 9 8 ,3 1 5 8 1

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6 7 2 ,0 0 0 0 0

8,000 00

1 3 8 ,9 3 6 2 7

9 3 ,4 9 6 8 8

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\

1 1 ,3 1 9
7 6 0 .0 2 7
6 8 8 ,8 8 4
1 ,2 4 0 ,1 8 1
1 3 5 ,7 3 9
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n o te s .

P a y R o lls f o r J u n e , p a y a b le in J u ly .
A c e o u L t e P a y a b l e ............ \ g ™

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l v e r ^ ';

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U n c l a i m e d W a x e s .........................
W a x e s A t t a c h e d .............................
P r o f i t a n d L o s s .................................

6 ,7 6 1 ,4 2 4 1 3

88 63
2 8 ,0 5 3 2 3
8 8 ,1 7 1 0 0
3 3 ,0 1 7 6 6
2 1 ,5 6 8
8 4 9 ,7 8 7
2 4 5 ,8 4 9
62 618

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

1 ,8 3 2 .1 1 1 5 7

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

37
54
66
46

1 2 ,6 1 7 0 7
251 65
2 1 ,6 2 7 .1 6 5 3 8

$ 1 4 9 ,8 6 1 ,8 4 9 8 5 $ 1 8 ,8 3 3 ,1 1 1 6 5 $ 2 2 ,2 3 0 ,5 5 0 3 3
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TABLE F.
P R O F IT A N D

LO SS FO R

T H E

E N D E D

JU N E

30

$ 1 ,1 5 5 ,8 2 8
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to
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1 1 0 ,1 2 1
C o st o f E q u ip m e n t, to r e ­
p la c e t h a t d e s tr o y e d b e ­
lo n g in g to
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T ru s t,
S e r i e s " A ” ..................................
2 2 ,1 2 0
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lo n g in g
to
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S e r i e s “ B ” .................... .............
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S e r i e s “ B '’ . . .
B .& O .E q . C o.

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7,07,1343*

T o R e d u c tio n iu B o o h V a lu e ,
B o n d s o w n e d .............................. $ 4 9 5 , 6 6 6 1 3
“ R e d u c tio n in B o o k V a lu e ,
S t o c k s o w n e d ............................. 4 , 8 2 5 , 5 5 4 3 2
5 ,3 2 1 ,2 2 0 4 5

95

62

85

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B a l t . & O h i o p r o p e r ............$ 4 , 4 8 6 , 6 0 1 0 3
C a r T r u s t , N o . 1 .......................
7 1 2 ,2 6 7 5 4

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Ju n e 30.
“

D r.
T o R o llin s E q u ip m e n t p u t o u t
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2 1 8 ,4 8 1 1 9

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Brought forw a rd ...................................................................................................

F IS C A L V E A R
1897.

1897.
Ju n e 30.

78
82
37
29

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6,618,740 75

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L iu e s fo r C o n s tru c tio n E x p e n d itu r e s ,
c h a r g e d o f f ................................................
..................
A d v a n c e s to L e a s e d a n d S u b o rd in a te
L in e s f o r v a rio u s p u rp o s e s , c h a rg e d o ff
S u n d r y B i l l s R e c e i v a b l e , c h a r g e d o f f ____
I n te r e s t d u r in g C o n s tru c tio n , B a ltim o r e
B e l t R R . , c h a r g e d o f f ...............................................
P u rc h a s e o f L a n c a s te r O x fo rd & S o u th ­
e r n R R ............................................................
R e v e rs a l o f E n tr y to c re d it o f th is a c ­
c o u n t, D e c e m b e r, 1 8 9 4 . e x c h a n g e o f
p r o p e r t y , B a l t i m o r e B e l t R R .........................
S o ttle m e n t o f O p e r a ti n g C la im s , p r i o r t o '
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S e t t l e m e n t o f C la im s , p r i o r t o R e c e lv - r s l i i p ............................................................................................
O b s o l e t e M a t e r i a l , c h a r g e d o f f .........................
U n c o l l e c t i b l e A c c o u n t s , c h a r g e d o f f ..........
L o s s e s iu O p e r a tio n , s te a m e r C o lu m b ia .
A d ju s tm e n t o f S u n d ry A o c o u n ts , p e r ­
t a i n i n g t o p r i o r y e a r s .............................................
I n t e r e s t o n C o n s o lid a te d M o rt. B o n d s In
t h e M a in L in e S in k in g F u n d s , t h e C o n
p o n s o f w h ic h a r e p a y a b le in C o n s o li­
d a te d M o rtg a g e B o n d s .
S i x m o n t h s o n .......................$ 5 , 3 8 8 , 0 0 0 0 0
S i x m o n t h s o n .......... ........... 5 , 8 6 0 , 0 0 0 0 0

2 ,0 8 9 ,5 5 5 9 5
1 ,5 2 4 ,3 4 0 2 2
5 8 2 ,0 9 0 5 1
1 ,6 7 4 ,9 1 7 6 2
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1 1 9 ,1 2 0
6 ,8 2 9
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60
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B O N D S O W N E D B Y T H E B A L T . & O H I O R R . C O ., J U N E 3 0 , 1 8 9 7 .-

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1896.
J u n e 30.
1897.
J u n e 40.

B y B a la n c e a t C r e d i t o f t h is A c c o u n t ............. $ 2 3 ,7 8 7 ,1 1 2 3 1
•• I n c r e m e n t f r o m S in k . Fit*.,
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§ 4 5 0 ,7 1 7 0 4
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307,553 SO

B a l i i m o r e A- N e w Y o r k R y . C o .......... ..
B a lt i m o r e A O h io S o u t h - W e ste rt- R y .
C o ,. 1 s t C o n s o li d a t e d M o r t g a g e
B a lt i m o r e A O h io S o u t h -W e s t e r n R y .
C o .. 1 s t I n c o m e , S e r ie s •* B .” ............
B a y K id g e A- A n n a p . R R . C o ., 1 s t 31.
B u y R i d g e I m p r o v . C o ., l e t M. ini*. .
B u y R i d g e I m p r o v C o ., 1 st L ie n C t fs .
C a ir o A K a u a w h a V a l. R R , C o . 1 s t 31.

1997.
J a n e 3 0 , B y B a ia u e e b r o u ir U t d o w n ..

§2,110,277 46

TABLE L.
S T O C K S O W N E D B Y T H E B A L T I M O R E A- O H I O R A I L R O A D <! 0 „
J i r x e 3 0 , ,1897.

Smnr of .Security,

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A k r o n A ( M r , J u n e , ft it. O k . c o m .,
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m ti
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........
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.
548
B a it i . x p o r t a J c o p o r o C o ,. L t d ........
3 ,-0 0
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1 ,1 6 9
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b i o < tu iiiK y n t H R . C o . . .
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C o l o n S t o c k Y a r d C o ................................
C n i t r d s t a t e * Kxpreaa C o ......................
V a l l e y K R . C o . o f V i r g i n i a ..................
V a ll e y A E lk K iv e r B R . C o. ................
W a a h r o g t o o C n u t it y K K .c n . . . . . . .
W a s h in g t o n A W , M a ry la n d B R . 0 6 .1
W e s t e r n i ' n to n T e le g r a p h C a . , . . . . . .
W e s t e r n M a r y la n d B R . C o ..................
W e s t V i r g i n ia St I’ U te. H R . ,-o . . p r e f.
W e s t V i r g i n i a A P i l l s , H R . C o ., c o m .
W h e e l in g P M a i m r g a B a lt. H R . C o
W tta ltm rtim A g r i e o i t u r a i & i n d u e
t r ia l A s s o e l a t l o n .....................................
W i n c h e s t e r A S t r a s t m r g B B . C o ........ >

Total.

A.

$
100
100

m
im
*40
100
50
1050
100
26
50
50
50
£.0
m o
io o
£.0
100

100
100
100
50

im *
100
100

filia l f u r .
.f
1 .6 5 0 .0 0 0 0 0
5 0 ,0 0 0 0 0
8 ,5 5 0 0 0
0 5 , 0 0 0 OO
1 3 1 ,0 0 0 0 0
3 5 0 ,0 0 0 0 0
5 8 , 4 5 0 OO
s o o .o o o m
2 ,5 0 0 0 0
7 ,3 0 0 « 0
1 0 .0 0 0 .Ota* 0 0
4 . 0 7 6 .6 5 0 0 0
4 s,r»oo 0 0
103,41X1 (X*
! . ***> 0 0
6 , 0 0 0 (XI
5 0 0 (Ml
3 7 0 ,8 5 0 0 0
1 2 ,5 0 0 OO
1 0 ,0 0 0 n o
2 ,8 7 6 0 0
4 0 ,0 0 0 0 0
•MIAMI i (>(>
9 5 3 ,7 5 0 0 0
4,59*1 ,:m > o o
100,0 0 0 0 0
2 0 0 .0 0 0 i *0
2 .0 0 0 .
0 0

25
53
4,760
*3,0*10
3 ,5 9 5

50

50

SO
100

100
50
50
So
SO

50

SO 50;
20 50i
2,550 lot),
8,SOOi48*10

1,000 100
40,
to;

1,005

4,098

8 0 .0 C 0 0 0

5 0 i,o o o :
1 4 0 :1 ,0 0 0 :

5 0 .0 0 0 0 0
1 4 0 .0 0 0 0 0
4 ,1 1 0 0 0

2.000 00

12 : 5 0 0 '
6,000 00
6 5 1 1 ,0 0 0 1
6 5 7 ,5 0 0 0 0
13
500 '
5 0 0 l.O O O j' 5 0 0 .0 0 0 0 0

C h e s a p . Sc O h io C a n a l B o n d s o f 1 9 7 8
C h e s a p e a k ii^ fi O h io C a n a l C o . T r u s ­
te e s . O r t i m - a t i — o f I n d e b t e d n e s s .
C l e v e l 'd T e r m . A* V a l. R R . C o .. I s t M .
C l e v e l a n d W o o s t e r & M u s k in g u m
V a lie v k b . C o ., 1 s t M o r t g a g e ........
C o lu m b u s .* C 'lin -u in a tl M id la n d R R ,
C o . D e b e n t u r e B o n d s ...................... ..
F n lr m o n i M o r g a n , .v P it t s . R R . C o . ,
f l r a f t o n * B e l u i v t o n R K . C o ., 1 s t M.
S t a t e n I s la n d R a . h t T r a n s i t R R . C o .
s o u t h c r u n c h R R . C o ., 1st M o r t g a g e
V a li e v R K . C o . o f V i r g i n i a ....................
W a s h i n g . C it y A F t. L n fik ou t, R R C o.

1 3 5 I.OOO'

21 1,000
200 1,000
240
3 ,0 0 0
750
2 ,3 3 6
178
223
3«

1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 .0 0 0
1 ,0 0 0
1 .0 0 0
1 .0 0 0

T o t a l ..

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

200,000 00
2 4 0 .0 0 0
3 , 0 0 0 .0 0 0
7 5 0 .0 0 0
2 ,3 3 6 ,0 0 0
1 7 8 .0 0 0
2 2 3 .0 0 0
3 6 ,0 0 0

0 .2 7 7 ,-1 1 0 0 0
SCSI M A R Y .

P a r V a lu e o f S t o o l
.
P u r V a lu e o f B o n d s . . . .

.$ 6 8 ,8 9 - 1 ,2 8 8 7 5
77.-1 - OO
§7*s,l 7 i .liiis 7 5

Va l ue , pe l Onneral Bfdanee Slice*...... $13,106,163 70
In addition tt* the tables. I»«rt> given, attention is called to
the following tables m the Pauipitlet. Report, which give in
detail information connected with the several subjects :
A. Earnings and Expenacis of all lines.
B. Statement of Xet Earaings and Income and Fixed
Charges on all lines of the System, together with the
profit or loss and construction account upon each,
Analysis of 1 ’/ instruction Expenditures.
C. Statement of Income from other sources.
o . Ststeraunt of entire 1 un.l.-l Debt of the Balt. & Ohio

RR. Co.'s System.

tt.
I.
.1.
K.
00

Bond* fur winch the Company Is Guarantor.
Lease* of the Company.
Profit and
Washington Branch.
Engine and Car Equipment of the Balt. & Ohio RR,
Co. ami Car trusts, showing Car trust obligations.

20.
50

I0O
100

SH A R E C A P IT A L .

705.550 00

The amount of the Capital Stock, issued and outstanding,
is unchsinga I, being : Common Stock, 679,237,100 ; Preferred
50.000 Op
Stock, 8 UU 118)600.
2 .5 0 0 0 0

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

2,300 00
3.600 00
12.550 00
237, 110(H)
2.230.000 00
179,750 0«

DEBENTURE b o n d s .

The total amount of Debenture Bonds outstanding is 88,(•68,01.(0, Tie-'.: Bon*is mature November 1, 1000.
A L L P R O P E R T IE S F R E E

FR O M L IE N .

All the pro;.* •rti**! of t ’l • Organfaiabi >n ara absolutely free
from inert rage or other li*.*a and there are no liabilities for
loans or bills payable, except for Deb. Bonds as above stated.
P R ) F i r A N D LO SS.

The n it pro;its for t * • l i e il year, after diduoting all expenw** and Cfttsrait oa DibnU-ure B in Is, auioanbad to |f , 019,080 31.
The loss 14 from b.i 1 dihts daring th * y iar amounted to
300 00 less than !(j of 1 par • nt on the total volume of sales.

1 ,5 0 0 0 0
1 0 0 .0 0 0 0 0

1,000 00

235.000 09
430,760 00

1,0000*
2,000 00

100,500 00
46(1.800 00

w o r k in g

c a p it a l

.

C a sh in B a n k s . A««u»t 3 1 . 1 8 9 7 ............................................
..$ 1 ,0 1 1 ,4 0 7 5 8
B i l ls nD*t n i- mnM ri;ijoivalil6, 'lnnintt.Ing^Co' r m c r o i a l Ao{•H11I1I-. I). jo n n ir* ' Interact tn,! ( ii v ilu rrla a**crtuvl . . .
4 4 6 ,7 4 3 0 3
P r m lu c ts , R .u v M a t e r iiH >*u*i 8<i|ii»Wes, a l l m a r k e t a b l e . 2 .8 1 ,4 .6 8 8 2 6
T o t a l n e t a m o u n t o f W o r k i n g C a p i t a l ........................ . . . 8 4 , 0 7 2 . 8 0 8 8 7
C A P IT A L , L IA B IL IT IE S A N D ASSETS AU W U ST 3 1 , 1897.
O a im t a i, :

C in n u m n S fO flk................................................. .*B20.237,10 0 0 0
2.000 100 200.000 00
P r e fe r r e r t S t o c k ............................
1 0 ,1 9 8 ,6 0 0 0 0
680,000 00
<1,800 1 0 0
10,200 1 0 0 1 ,0 2 0 ,0 0 0 0 0
T otal Share Capital..............................$80,435,700 00
1 0 .000. 0 0
100. 10 0
D e b e n t u r e B o n d s ...........................................
3 , 0 6 8 ,0 0 0 0 0
20
760,280 00
38,461
---------------------------$ 3 3 ,5 0 3 ,7 0 0
100.000 00 Ci'BRExr Lunii.rriBs:
2,000, 50
100
4.090.000 00
40,900
BilD Payable .........................................
„ .? 2 nA „ „„
20,230 00
30
S85
n e r c i .il a c c o u n t s ............ ...................
$ o 8 0 ,4 6 8 3 2
2,000 1 0 0 , 200.000 00 OI nnt m
erest accru ed u p on
D e b e n tu re
12,5 0 0 t o o 1 1.250.000 00
B
o
n
d
*
a
t
S'*.,
p
e
r
a
n
n
u
m
t
o
A
u
g
,
3
1
.
2 0 ,4 5 3 3 3
110.000 r.oi 5.500.000 00
D iv id e n d a c c r u e d
upon
P re fe r re d
____
5 ,2 3 4

00
00
00
00
00
00
00

100 3 .8 )0.000 no
100
1 0 .10 0 0(1
100
309.000 00
100
5 ,3 0 0 DO
OI L C O M P A N Y .
so 3 .0 0 0 .
000 T
n oH E A M E R i 2 \ i C O T T O N
60
1 5 0 , IK K ) O p
100
250.000 0 0 EIGHTH A N N U AL REPORT—FOR THE F I S C A L Y E A R
So
20.000 00
ENDING AUGUST 31. 1697.
25
0,000 00
100
6,000 00
E. y b .-i t i v e O f f i c e s . N o . 4 6 C e d a r S t r e e t , |
too
2 5 .0 0 0 1til
;..o
500 00
N e w Y o r k , N o v e m b e r l a t h , 1897.
(
50.000 00 To the HtnrkCi >
1h r-: of ’to Ini* •*<: i » *Wu/a- Oi 'n apuny :
To<>
50.000 00
Till- Dir * :tors -ubmit herewith their Eighth Annual Re­
so
3.400 00
port ami Statement o f Accounts for the year ending Aug.
50 101,850 00 31, 1897.

SO
1 ,0 0 0 110
50 1.505.000 00
27 >• 1,., * =(| 1,813,713 75
SO 6.515.000 00
1 3 0 ,3 0 0
50
50
HO
5.500 00
50
21.0,000 00
5 ,8 0 0

251

7 7 .0 0 0 00

1,000
2 1,000

80

C h e s a p . & O . C a n a l B o n d s o f 1 8 1 -1 1

§24,011,996 64

3 3 8 ,8 0 0 0 0

5
100
.....

280 00
6 2 9 ,4 0 0 0 0
0 8 ,8 0 4 ,2 8 8 7 5

S t o c k a t f c % p e r a n n u m t o A u « . 3 1 ..
T o t a l ..................................................................

1 5 2 ,9 7 9 0 0
----------------------------

00

7 5 3 ,9 0 0 0 5
$ 3 4 ,2 5 7 ,<

THE CHRONICLE.

984

R eal* E sta te , B uild ing*. M ach inery,
e tc ., based o n th e v a lu a tio n A ug. 31,
$ 1 1 ,2 4 6 ,7 1 8 48
1 8 9 2 . w ith su b seq u en t a d d itio n s ..
C ash in B a n * s ............... ............................ $ 1 ,6 8 1 ,4 6 7 58
B ills aud A ccou n ts R e c e iv a b le ............ 1 ,2 0 0 ,6 4 3 68
M arketable P rod u cts. R aw M aterials
an d S u p p lies on han d a v a ila b le in
th e b u slu ess................................................ 2 ,8 4 4 ,6 8 8 26
5 ,7 2 6 ,7 0 9 52

T o ta l Q u iclt A ss e ts
V a lu a tio n o f p rop erty a m i a s s e ts ...........
B ulanoe, represeutim.it good w ill, co n ­
tr a c ts, le a se s, trade m arks, x>atents,
p r oesses, brands an d kin dred a sse ts
o f a n e sta b lish e d b u sin e s s .....................

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

1 7 ,2 8 4 ,0 8 2 65
$ 3 4 ,2 5 7 ,6 0 0 65

T o ta l

G E N E R A L PR O FIT A N D L 0 8 8 ACCOUNT OF A L L T H E P R O P­
E R T IE S A U G U ST 3 1 , 1 8 9 7 .
B a la n c e o f G en eral Profit a u d L o ss A ec o u u t A u u u st 3 1 ,1 8 9 6 , as p e r S e v e n th
$ 5 ,9 0 7 ,6 2 2 85
A n n u a l R ep o rt..................... . . . ......... ..........
P r -tits of all the m a.m l'actiiriug a u d co m ­
ic o ro i u b u sin ess o f th isO o in p a u y a >d o f
ttie C orporal! >m in w hich it is in te r e st­
ed ior tu e y e a r en d in g A u g u st 3 1 ,1 8 9 7 . $ 1 ,5 4 2 ,6 7 3 30
B e m et:
E x p e n s e o f A d m in istra tio n and A g e n ­
c ie s: D epreci tio n o f T ra n sp o rta tio n
E q u ip m en t; In te r e s t o n I) -beuture
B on d s a id oth er lu te r e st, for th e y ea r
ond iug A u g u st 3 1 , 1 8 9 7 .............................
5 2 7 ,5 9 2 99 1 ,0 1 5 ,0 8 0 31
$ 6 ,9 2 2 ,7 0 3 16
D e d u c t:
D iv id en d s on P r c fo red S t o c k N o,TO , paid D eo. 1 ,1 8 9 6 . 3% .............
N o. 11, P a id J u n e 1, 1 8 9 7 , 3% ............
B a la n c e o f G eneral Profit a n d L o ss A c­
count, A u g u st 3 1 , 1 8 9 7 ..................................

$ 3 0 5 ,9 5 8 0 0
3 0 5 ,9 5 8 0 0

%\xt

[V o l . LXV.

Ccrmnueccial jinxes.

C O M M E R C I A L

E P I T O M E .

November 19, 1897,
A fairly confident tone has appeared to prevail in mercan­
tile circles ; still the volume of business transacted has been
only moderate, as merchants, with f-w ' exceptions, have
shown a decidedly conservative spirit and have been disposed
to hold oil until after Congress convenes, that they may be
able to obtain a definite general idea of the tendency of that
body before opening negotiations on important lines of mer­
chandise. The reper s from the Southwest have been of an
expanding trade, the result of the raising of the quarantine
in most sections, following the colder weather experienced.
Advices have been received from Europe stating that ne­
gotiations are under way between Germany, Austria and
France with a view to obtaining a general agreement for the
diminution or abolition of the sugar bounties.
Lard on the spot has had only a moderate sale in the local
market, and as offerings have been fairly liberal prices have
weakened slightly to 4'50c. for prime Western, 4 25e. for
prime City and 4-7oc. for refined for the Continent. A t the
West fair sales have been made, but at slightly lower prices.
The local market for futures has been neglected. At the
West there has been moderate selling by packers and prices
have weakened slightly. The close was steady.
F r id a y N ig h t ,

D A IL Y CLOSING P R IC E S O F L A R D F U T U R E S .

6 1 1 ,9 1 6 0 0
$ 6 ,3 1 0 ,7 8 7 16

R EM A RK S.

During nine months of the period covered by this report
the business of the country continued to suffer from the deression which had existed for a succession of years, and it
as only been in the last quarter of your Company’s fiscal
year that the benefit of improving commercial conditions
has been felt.
Although the unprecedentedly low values for animal fats
continue to militate against the profitable marketing of
Cotton-seed Oil the entire output of this important product
has been sold at fair prices.
This is proof of the widening field for this commodity and
of its growing strength in the markets of the world, and
tends to show that a low market value for Cotton-seed Oil
does not conflict with the best interestsof the cotton grower
or of your Company. On the contrary low prices create
new channels for distribution and an augmented volume of
business, which should compensate "for the smaller margin
of profit.
More than one-third of the total value of the output of
the mills is in Cake and Meal, which products continue to
ain favor for cattle-feeding and fertilizing purposes. The
emand for them is increasing, and during the year the en­
tire production has been disposed of at remunerative prices.
Believing that the financial success of your Company de­
pends largely upon economy of operation, and recognizing
that “ the United States undoubtedly occupies the front
rank in the application of inventions to the manifold uses
ot commercial industries,” the attention of your Executive
Committee has been steadily directed to the perfecting of
the efficiency and the enlargement of the capacity of the
various manufacturing properties.
A large amount has been expended in repairs of the man­
ufacturing plants, in betterment of processes and of
machinery, all of which has been charged to working ex­
penses. The wisdom of this expenditure has been shown in
improvement of products and lessened cost of manufacture.
The physical condition of the working plant is now better
than it has ever been.
Constant attention has been given to the extension of the
selling department of the business. New outlets are being
found and developed, and steady progress is being made
toward the possession of a system so comprehensive and a
relation to the market so strong as to minimize the effects
of local depressions in trade.
The policy of retrenchment and economy in every de­
partment, which was referred to in the report of last year
as having been vigorously pursued, has been unremittingly
continued, with most satisfactory results. This policy has
had a marked bearing on the increase of net profits for the
year.
The financial strength and high credit of your Company
has been maintained, and at the close of the fiscal year the
Statement shows that there are no Bills Payable and that
there is a large cash balance in the Treasury with which to
begin the operations of the new year.
For the Board of Directors.
GEORGE A. MORRISON,
Chairman.
—Mr. J. Rubin o, 3 Broad Street, New York, offers for sale
at l'Sk? and interest from Oct. 1 $20i',000 Duluth & Iron
Range RR. first mortgage fives. Details as 1 1 the property
covered In tbe mortgage securing the bonds will be found in
the advertisement. The company earns a large surplus over
the interest requiiement.

D e o ....................................... c.

Sa t.
4-50

M on.
4-45

T oes.
4-45

W ed.
4-50

T h o rs.
4 '5 0

F r i.
4-5 0

Pork lias had only a small jobbing sale, aud values have
weakened slightly, closing at §8 25@8 50 for old mess,
$8 75b 9 00 for new mi ss, $11 25@12 00 for family and $9 50
(d 12 50 for short clear. Cut meats have been in moderate
demand and steady, closing at 6%<®7e. for pickled bellies,
S
for picblei shoulders and
8c. for pickled hams.’
Beef has had only a small sale, but values hane been maiu >
tained, closing at $7 51@8 for mess, §8 50@9 50 for packet
89 5i'@i0 50 for family and $14@16 for extra India mess
in tcs. Beef hams have been quiet, closing at $23@24
Tallow has been in active demand for export, and firmer’
closing at 3 3-16c. Oleo stearine has weakened slightly’
closing at 4i^c. Lard stearins has been dull and nominal at
5}4@5%c. for prime City. Cotton seed oil has had a fairly
large sale and prices have been unchanged and steady at 21@
21i^c. for prime yellow. Butter has been moderately active
and steady, closing at 14@23c. for creamery. Cheese h •s
heen quiet and prices have weakened slightly, closing at 7@
9J^c. for State factory, full cream. Fresh eggs have had a
fair sale at steady prices, closing at 2 2c.
Brazil grades of coffee have had only a small sale and there
has been an easy tone to the market, prices showing a slight
decline, closing at (i%c. for Rio No. 7. Mild grades have had
a very limited call, and as importers have offered supplies
freely, the tone has been easy at 9c. asked for fair Cucuta,
East India growths have been in limited demand, but for
standard Java prices have held steady at 24c. There has
been a moderately active speculation in the market for con­
tracts, but it has been at lower prices, as large crop esti­
mates received from Brazil have prompted selling. The close
was easier.
Following are final asking prices :
N o v ................................. 5 ' 2 0 o .
| F e b .... 5 '5 0 c . | M a y ............................... 5 * 7 0 c .
D ee...........................5 ' 3 0 c . i M a r c h ...................... 5 6 0 o . J u n e ......................... 5 ‘7 5 o .
J a n ................................. 5 ‘4 0 c .
1 A p r i l .. 5 ’6 5 o . I J u l y ............................ 5 * 8 0 o .

Raw sugars have been moderately active and firmer, closing
at 3Jgc. for centrifugals, 96-deg. test, and 3 5 )6@3%c. for
muscovado 89 deg. test. Refined sugar has been fairly active
and firm; granulated has been unchanged at 5c. Teas have
been quiet and slightly weaker, other staple groceries have
been steady.
Kentucky tobacco has been sparingly offered and prices
have ruled firm. Sales 150 hhds. Seed leaf tobacco has had
only a limited sale, but values have held steady. Sales for
the week were 950 cases, as follows : 151>cases 1896 crop, New
England Havana, 18@40c.; 75 cases 1894 crop, New England
seed leaf, 21@25c.; 100 cases 1896 crop, fiats, I4@'6c.; 100
cases 1895 crop, Pennsylvania Havana. 12@13c.; 100 cases
1*94 crop, Pennsylvania seed leaf, 1 (®iU^c.; 250 cases i895
crop, Zimmer's, 15@17c.; 85 cases 1893, 1891 and 1895 crops,
Gebharts. 10@llc., and 100 cases 1893 crop, Wisconsin
Havana,
c .; also 55 >bates Havana at 7i c.@$l 15 in bond,
and 125 bales Sumatra at 8 c
2 in bond.
Business in the market for Straits tin has been fairly active
and values have held steady at 13-75@l3'80c. Ingot copper
has had a slow sale aud values have weakened slightly, clos­
ing at li %@10J6c. for Lake. Lead has been in increased de­
mand, and the close was firm at 3'80c. for domestic. Spelter
has been quiet but steady at 4' 0@4 20c. for domestic. Pig
iron has been moderately active and firm at $1C@12.25 for
domestic.
Refined petroleum has been unchanged, closing at 5'40c. in
bbls.,- 2’90c. in bnlk and 5 90c. in cases; naphtha quiet at
5’50c. Crude certificates have been steady; credit balances
have been steady at 65c. Spirits turpentine has been firmer,
closiug at 32@33!^c. Rosins have been dnll and unchanged
at $1 4n@l 45 for common and good sLained, Wool has been
steady. Hops have been moderately active and steady.

985

THE CHRONICLE.

N ovember 20, iMiT.j

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
November 19, 1897.
cleared, at the ports named. W e add similar figures for
T h e M o v e m e n t o f t h e C r o p , as indicated by our telegrams New York, which are prepared for our special use by Messrs.
from the South to-night, is given below. For the week ending Lambert & Barrows, Produce Exchange Building.
this evening the total receipts have reached 411,809 bales,
ON SHIPBOARD, NOT CLEARED FOR—
against 411,605 bales last week and 887,632 bales the previous
L e a v in g
week, making the total receipts since the 1st of Sept., 1897,
G re a t
N ov. 19 a t
O ther
C o a st­
slock.
T o ta l.
8,845,778 bales, against 3,2-41,445 bales for the same period of
B r i t a i n . F r a n c e . F o r e ig n w ise.
1896, showing an increase since Sept. 1,1897, of 104,8 (3 bales.
C

O

T T O

F r id a y

N

.

N ig h t ,

S a v a n n a h ..........
C h a r l e s t o n ........
M o b i l e ........... ..
N o r f o l k ................
N e w Y o r k ..........
O t h e r p o r t s ____

4 6 .6 1 0
4 9 ,5 6 7
N one.
1 ,4 0 0
6 ,3 5 0
12,0*10
6 ,0 0 0
2 2 ,0 0 0

T o ta l 1 8 9 7 ...
T o ta l 1 8 9 6 ...
T o ta l 1 8 9 5 ...

N e w O r l e a n s . ..

R e c ti p i t a t—

M on. | Turk.

S a t.

Wed.

F ri.

T h u r t.

lo .u t.

G a lv e s to n ......... 1 7 ,4 6 2 33,917
9 ,0 9 5 2 0 ,5 4 4 1 4 ,8 3 3 17,1 7 2 1 1 3 ,0 2 3
5 ,1 2 8
......
5 ,1 2 8
T e x . C ity , Ac.
N e w O r le a n s ... 13,7 3 4 17 ,5 0 3 3 5 ,3 9 9 17.982 2 0 ,0 8 8 9 509 1 1 4 ,2 0 0
M o b ile ................ 1,704 4 ,6 2 4 3 ,0 3 3 2 ,3 2 3 2 ,8 8 6 1 ,4 2 6 16,001
........ |
I S , 5 4 0 16,540
......
F lo r id a ................
S a v a n n a h .......... 3.778 9 ,3 3 9 1-4,014 6 ,7 3 9 7 ,7 3 9 8 ,0 3 0 5 5 ,189
9,7 8 1
9,7fc4
......
B rn iisW k .A c .
8,174 4 ,8 6 0 2 ,3 4 6 3 ,5 0 7 2,7 1 3 2 ,3 7 8 2 2 ,2 7 8
C h a r le s to n .___
324
P L K o y al.A c.
3 24
W ilm in g to n —
1,352 4 ,5 7 6 15,151
2,3 7 9 2 .0 7 0 2 ,1 1 0 2 ,1 6 4
m
W a» h 'to n ,& « .
49
N o r f o lk .............. 4 ,2 5 0 5,530: 8,3 3 2 4 ,3 9 2 3 ,2 3 0 3 ,6 2 9 2 9 ,4 1 3
___
N ’p ’t N ew #,& f:.
598
. . . . . . i:
5 98
N ew Y o rk ........
...... 500
500
......
741
B o s to n ...............
1,002!
1,361
1,183
1 ,4 3 '
7.827
2,1 0 2
......
.....
B a l t i m o r e . . . ..
......f
......
2 .6 9 8
2 ,6 9 8
P h lla< i* ra , 4te.
651
304
630
284
142
589
2 ,6 0 6

2 1 ,2 2 7
1 2 .5 4 2
N one.
N one.
N one.
N one.
500
N one.

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

2 ,7 1 8
lu ,7 8 2
1 ,0 0 0
1 ,4 6 0
N one.
9 OuO
N one.
N one.

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

1 5 7 ,6 8 4
1 2 9 ,2 6 5
H 7,i-29
3 9 ,6 5 5
1 5 ,3 9
2 9 ,8 5 5
7 2 .4 7 1
5 8 ,5 8 1

1 4 2 ,9 2 7

3 4 ,2 6 9

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

3 2 0 ,7 6 1

6 0 0 ,6 6 9

1 5 9 .4 0 5
1 0 2 ,9 - 8

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

1 0 8 ,5 9 1 8 ,* 0 2
9 0 ,0 6 1
9,05*2

3 1 2 ,5 2 2
2 4 2 ,4 9 5

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

Speculation in cotton for future delivery has been fairly
active and there has been a fairly steady undertone to the
market, prices for the week showing praetteally no changes.
At the opening of the week under review values weakened
slightly, the result of an expected heavy movement of the
crop. At the decline,“however, there was moderate baying
for investment account, and later in the week there was an
improved turn to values, as predictions of killing frost in the
T o L title w eek 5 8 ,7 2 ’
7 0 ,2 2 7 S*,fl2<* . w o n
4 1 1 .309
Southwest, together with more encouraging advices from
The following shows the week’s total receipts, the total since abroad, reports received from the principal Continental mar­
Sept 1,1897,and the stock to-night, compared with last year.
kets noting a decidedly better trade in cotton goods, and
18 9 7 .
1890.
M ack,
Manchester also advising a broadening of demand, stimulated
R e c e ip t) to '
buying both to cover contracts and for investment, account,
T h is | SineeSerp. ' T h is Sines;. S e p . ,
X re. 19.
1 8 9 7 . ; 1S96.
as (lid also the lim iter offerings from the South, the
w e e k . ( 1 ,1 8 9 7 . ' w m k , I I * 1 8 9 0 . J
S others spot markets being firm, and in some in­
G a lv esto n * . X «3 ,0 2 3 | 9 0 2 .5 0 * 5 4 .0 4 0 7 1 0 ,5 3 1
2 2 5 ,2>6 1 8 9 ,3 2 9 stances slightly higher prices were established. Thurs­
.
1
T ex . C .,A eJ 5 128!
20 492
4 7 ,7 3 3
4 ,4 6 0 day the course of prices was somewhat irregular, but at the
N e w O rle a n s ’ 11 1,2 0 o 7 b % 9 m \ 8 7 ,5 2 1 ' 9 0 9 ,4 9 !i; 2 5 1 ,5 1 4 - 3 5 3 ,1 7 3 clote* of business for the day prices showed a slight gain as
M obile
16,001* 1 2 0 ,7 8 3 1 8 ,6 4 8
2 8 ,6 6 9
1 1 5 ,2 3 •'
4 4 ,5 3 3 shorts became nervous in the absence of offerings and b ught
F lo r id a ,. , . . . 1*1,540
m i\
75,85930,47*1
to cover contracts. Indications were that toe amount of
8»vs*ri n&lj„, , j 55.160! 5 7 1 ,4 - 6 ’ 3 7 9 3 8 4 0 1 ,0 9 9
158,829* 1 0 9 ,988 cotton to corns into sight for the week, while large, would
9 ,7 8 4 j
B r’w h-k.A c
6 1 ,9 0 a
9 3 ,2 2 2 1 0 ,4 1 3
21,203*
1 1 ,176 not be up to the estimates made early in the week, and
C h a r le s to n ..! 2 2 %*s ; 2 5 S rW
1 7 ,3 2 .’ 2 3 0 ,9 1 7
5 1 ,7 1 5
7 0 ,0 2 7 this also had a strengthening influence. To day the market
324{
P .R o y aL A c.
3 1 ,6 8 0
3 5 .3 23
8 ,5 6 9
was***-- opened easier on disappointing foreign advices, advanced on
w n a rtn s fta n . 15,131! 1 9 1 .017 17,017* 1-53,442
2 6 ,3 7 2
2 9 .9 7 5 smaller receipts at the ports than expected, but toward the
W a e b 'n , Ac
to :
em
2%!:
Close again weakened tinder slightly increased pressure,
416
N o r f o l k ........ 2 9 ,4 1 3 2 4 7 ,2 4 4 5 0 ,7 6 9 3 8 0 ,0 1 ?
5 4 ,8 5 5
8 2 ,4 0 5 closing easy 4 to 7 points lower for the day. Tbe spot market
IT p o r t N.,A<* !
0 ,0 9 0
90s
M ij
2 ,1 4 4 has been quiet. Monday price- declined 1-lGc. and on Tues­
415
0 .3 2 0 1
N e w Y ork.
500
5 .3 2 9
14,791
861
80,971
2 0 6 ,5 2 9 day recovered the decline. To-day the market was quiet and
for middling npl tnd.
B oston
7,827;
3 7 ,9 1 5
9 ,9 1 4
5 6 .7 9 4
2 7 ,0 0 0 unchanged at
2 6 ,5 0 0
The total sales for forward delivery for the week ara
B a ltim o re . .
13,027
2 ,6 9 8
s m ;
12,821
14,2 0 7
8,152
2 ,6 0 0
P h ila d e l.A e .
1 1 ,7 9 7
2 2 ,1 3 5
8.8 8 4
1,597*
9 ,6 0 3 788.900 bales. For immediate delivery the total sales foot
up this week 3,988 bales, including — for export, 188 for
T o t a l s ____ 4 1 '3 0 9 3 ,3 t-V *?* 3 1 5 ,7 17 3 .2 4 1 .4 * 5
9 2 1 ,4 2 0 ; l.lS fW -1 4 consumption, ----- for speculation and 3,8 it) on contract.
In order that comparison may lie made with other years, The following are the official quotations for each day of the
past week—No*ember 13 to November 19.
we give below the totals at leading ports for six seasons.
Bates on and off middling, as revised Nov, 17, 1897, by th®
J U c e ip lt a t —
1897.
1 8 9 6 . j 18 9 5 .
1893.
18 9 4 ,
1892.
Revision Committee, at which grades other than middling
G a l v c ’n .A c , 119,151
43,84ft
5 7 ,2 7 2
7 3 ,1 0 5 7 ,449 m aybe delivered on contract, applies to quotations begin­
52,7 3 7
N e w O r le a n s 1 1 4 .2 0 0
8 7 ,5 2 2
7 3 .3 1 2 1 2 0 .9 7 3
89,317
7 3 .1 6 6 ning with the 18th.
M o b t l e .........

A ll o t h e r * ...

16.001
5 5 ,t8 6
2 2 ,6 0 2
1 5 .2 0 0
29,4 1 3
598
3 9 ,9 5 5

T o L t h is w k .

411,3! 9

S a v a n n a h ...
O h aa’ t o n , A c ,
W i l m 't o n , A c
N o r f o l k .........
N . N e w s , Ac.

13,04*“
3 7 ,9 5 6
25,921
17 ,0 4 5
50,7 6 9 :
998!
2 4 ,59 6
3 1 5 ,7 1 7

10 466
2 5 .7 0 2
11,471
7,694
1 0 ,4 3 9
1 3 ,5 0 0
1 5 .8 4 ’*

8 .6 2 3 3 ,3 8 2
2 9 ,4 1 !
12 ,3 4 6
3 0 ,0 8 3
19,5 3 6
19 475

2 1 2 ,4 2 9

3 5 1 ,9 4 2

i t n e e S e p t , l 3 3 4 5 ,- 7 - 3 3 4 1 ,4 4 5 1 2 2 0 1 ,0 1 7

9 ,1 4 3
4 3 .4 0 2
15,404
1 2 ,6 ?0
3 0 ,4 8 2
19,234
19,557

8,211
3 7 ,6 0 0
14,249
8 ,7 6 6
17,352
15,938
1 9 ,133

2 8 1 .0 0 6

251.7C 4

? n o 6 .7 in *4 93.221

The exports for the week ending this evening reach a total
of 361,604 bales, of which 142,406 were to Great Britain, ?<\679
to France and 143,521 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1897.
W$4h £n 4 in $ Sitm, W , i&&7. Prom Sept. 1. 18*7, to N w . H», lJ50f.
Expfrrted fa—
BxporU9 <7»—
G rm t
Omit-:. Total Grunt
Franc*
Franc Conti­
To tal
m um .
n m t. | Week. B ritain
nent.

fro m —

S slv e sso n ... . m j m
Tex. CH y, A c.
ff# w <k'rleaij.#., « S A »
MO&f

i Mb

T m m m lm ......
BttmwwUlK,...

«,-•> s

T o m ..
T o ta l,M a e

...

103,079

..........

16.1 8

i f ,>97

i*,m 9

m t.iM
97,*1*
s , ‘-f 0
85,03
5,101

23,121
......

\% u- i sa p t*
t » 1 1,W’

sm

i#br>
m i

f jsm

8

W.4M
i,t m
m .n n
fHrn ft

100

t>C0

........
2

oj

*sm.
t ,77#

N ? ,f ‘
m .S M

li& ,78*

24,7k 0

....... m j m

Q w f l w f i i a **.

223,2*7 la&.ifl*

*$.&:& S0J49

7,4*4
....

Fort
...,
W lim tw tboa,.. i t m m
Wort oik.. ....
ST p o rt Sf* 4tes~.
§,m i
tUm- F o r k .. a .
Bomnn ............
Bmlt-imrtm. ...
4 *
P V M fatphln
Aid
Sana F m n,, .he

113,83?

3 0 -.4 2

s» t\
$n
u , m 1 m j-U 1 86jCt'3
.. .. j 3^29

m .n i iim p m i, i

* # -’2

m m
im
2 i.m
1..61

MBM1
4.703
5 1 f ,5 i0
31,917
3 \ 3 r'5

294,b2i
5b,om

F air............................... . . . . o .
M id d lin g F a i r .......... .............

S t r i c t G o o d M i d d l i n g ____
G o o d M id d li n g .....................
S t r ic t h o w M id d li n g
Eglg........................
,....
L o w M id d lin
S t r i c t G o o d O r d i n a r y ........

G o o d O r d i n a r y . . _____ . .e .
G o o d M id d li n g T i n g e d . . .
S t r ic t M id d lin g S t a i n e d
M id d li n g S t a i n e d . ..............
S t a in e-d
-S t r ’i c t' L
' o w- "M "id . --------L o w M id d li n g S t a i n e d .

I q off*

E ven*
lav offoff*

l* e off*

1*8 0 ®

On this basis the prices for a few of the grades would be
as follows.
S a t.

U PLA N D S.

Th.

F rl.

43,
5 7 ,e
S ’,
6>8
69„

4=8
57,«
S '\

4=8
m e
li7a
0>9
«»t ft
P rl.

4%
67,„
S78
e*«
6V

a :r
6hi

S a t.

M on T o e s W ed

5
5»16
68i
6%
015„

4 ‘ 5,,
5»8
6 'i s
6»i«
6*8

S a t.

F l o «i T u c , W e d

G U LF.
G ood O r d in a r y ...............................
Low M id d lin g .,.............................
M id d lin g ............................................
G ood M id d lin g ...............................
M id d lin g F a i r .................................
S T A IN E D .

M o ll T o e , W e d

4-4|
57,«
57*
6%
6»,(,

G ood O r d in a r y ...............................
Low M id d lin g .................................
M id d lin g ............................................
G ood M id d lin g ................ ..............
M id d lin g F a ir * ..............................

M id d lin g ..........................................
S tr ic t M id d lin g ...............................
G ood M td d lln rtT in g e d ...............

&'4U

48j
* 7 |,
5'Uj*
57,

5
5H „
6*8
HH

4 ia
4 7 ),
57 „
5%
61*82 ryn,.
5 1 3 ,, 57 ,

6 9 ,,
T il.
47a
5 * ‘)0

ft
5H „
6 >9
6%
61* «

6%
613,,

« i8
0 i1 !O

T il.

F rl,

474

4 >4
67,8
f/3 2
&7e

5 7 ,,
521 .
57 ,

*7, „
M l,.
57g

MARKET AND BALES.

I5P.140
S I ,444
155,808
20,53?
ft,tm

BALES OF ftt’OT IS O CONTRACT.
SPOT MARKET
CLOSED*

2,156,155

S a t’tltty..
M onday*
T u e sd a y
WertMnj
TliM ay .
F r id a y ..

2,OH7,OSO

T o ta l..

41*310
5,f f 2
J&.107

Ion .

M ia o n .
% on.
H on.
8i « o f f .
off.
“’ll o ff.

E a s y . , . . .............
• t e a d t »t l df;
S te a d y a t i j , ad,
Q u ie t .................*
8{F ady. . . . . . . . .
D a U .................a*

E x­
p o rt.

Con- Snec- Con­
su m p. u l't'n tra c t.
188
....

....
....

188

T otal

S a le s o f
F u tu r e s

1,000
40 0
8 00
4 00
3,700

400
3' 0
400
1,? 00

3 1 5 ,2 0 0
J 5 0 .0 0 0
3 5 8 ,3 0 0
1 2 0 .5 0 0
115 4 0 0
1 1 4 .5 0 0

3,800

3.91-8

7 (3 ,0 0 ©

1,1 Vh

>

>5
o
>

,8 9 o o o o o o o o o o o
■#00 © © © © © o o o o o ©
800 o o o o n q q o q q q
coV n^cm -m©mooTcM'
2•—
<®
cc»v t> o w
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t> H
CO

o OOOOt-CDCM l> *u
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CM w q o o ' ^ w

t>T coaiooTooooHT cm r-;
~
CMlOCDO^ lO ~

CO CD

, o o o0 o0 o0 o0 o0 o0 o0 o0 o0 o0 o0
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£ , £o *o *o *o, *o m
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S a tu rd a y , N o v . 1 3 -

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9
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P r ic e s p a id (range)
C lo sin g ...... ..............

►
0/
^
08

8

.
N o v . 15
V MSonday
a le s, to t a l...............

iXJ
CS
®

i l
I?

P r ic e s p a id (range)
T uesday, N o v . 1 6 9 a le 8 , t o t a l...............
P r ic e s p a id (range)

c <v
fa b W edn’d’y, N o v . 1 7 O &
S a les, t o t a l...............
P r ic e s p aid (range)

s 0
i

0

p T h ursday, N o v . 1 8 S a le s ,t o ta l...............
P rices p a id (range)
p 0
C lo sin g .....................
z —
F riday, N ov. 1 9 S a le s, t o t a l...............
! P rlo es p a id (range)
j
C lo sin g ......................

8

•r
ao
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S 5s
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B i

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O O O h CO^
o .q q o o ^ c o
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t>
O O O O O Oin £■ 13 d'd'd'D'd »
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o o o o o O >—
1
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12^

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a l l :a I
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=!^!5 d"«
W§

M arket,
Range and
Total 8a.le8.

D A IL Y
November.

December.

January.

F ebruary.

£ - 2 - 2 B•■*H
S> SC p
a -«2D
^ H 4 3 -0

S .3 ®’5
5 -g g |
i 5 Bs
aa-M-** §
5
2

\LA_BAMA.
<<
»•
A.RKAW8AS.
L ittle Rook,

g k o k o ia —

M
A u gu sta,
C olum bus,
M acon,

«

«•
® P CD
*^ ce co LouiftvlUe.riei K e n t u c k y .

s S ,.2

» g J

I

„ Hi ,gfo5
g ® f l®
^ go*.

O gS C
H .2 «TT
M ” o .2
O'©
Ou
H □ H G
« § ® &
! <h
£§ „Jd« H
55 0 )t3 .3

H ^ ^ P

£Cd g cS6 oa
H
cr
H p ^d G
o - $ fc

S h revep ort,
C olum bus,
G reen v ille,
N atch ez,
Y azoo C ity,
S t. L ou is,
C h arlotte,
C in cin n ati,
C olum bia,
G reen w ood .
N a sh v ille ,
B ren h am ,
D a lla s,
H o n sto n ,

2 s 8

PR10JB8 A N D
M arch.

TOWMi,

Sg s

SALES
A p ril

LOOI8IANA.

Mis s is s ip p i .
“
•«
“
*•
l« .

M is s o u r i . ..
N.O arolina
*<

O h io .............
8. C arolina
<<

T e n n e sse e ..
it
T e x a s -----<<
**

T o ta l, 31 roxynn ...

836
9,794
7,032
6,164
14,046
1,197
5,342
14,179
12.449
2,950
2,386
4,404
163
8.614
3,572
4,800
2,338
5,292
7,492
5,820
52,384
1.596
1,367
9,844
1,462
930
3 6 ,5 ,8
2,412
1,908
8,846
91,033

Ju n e.

14,281
83,799
4 9 ,9 5 5

44,208
83,243
29,253
45,518
118,053
179,947
38,942
52,589
36,279
2,916
70,729
20,969
31,982
15,604
34,588
19,164
37,043
317,404
11,510
12,513
53,507
14,946
8,099
248,671
8,656
19,537
77,519
857,847

12,564
8.602
2,203
1,718
4,577
139
5,064
3,404
3.000

1 924
18,588
11.281
19,709
27,630
4,707
7,648
13.405
43,936
10,799
10,496
7,639
210
24,134
2,590
10,877

2 ,2 0 0

2 ,7 5 0

719
6,765
5,610
4,571
11,399
995
5 ,9 3 2

886
■7,330
4,884
3,79ti
4,962
830
3,306
8,2*8
15,028
2,268
2,143
6,298
524
6,305
3,382
3,236
3,296
3,141
4,905
6,311
21,091
1,374
1,‘ 81
8,183
845
1,068
36,900
763
3,018
4,966
68,107

4,097 11,158
1,000 17,458
3,225 13,364
46,063 47,552
1,596
1,312
1,092
8,105 10,280
1,462
930
21,252 100,660
2,< 64
1,931
2,086
4.982
7,780
9,894
84,031 68,475

327,230 2,637,265 266,395 503,190

OF F U T U R E S FOR E A C H
May.

Move-men 1 10 November 20 1896,
Receipts.
Shxpm'ts Stock
This
This
Since
tetdk. A cpi.l,f96. week. Nov. 20

Movement 1*>November 19, 1897.
Receipts
8h\pm is StOCh
This
T his
Since
week. Sept. 1,’97. week Nov. 19

•*3
wj
^
S

as
5 8- ■
wl s | ^ ‘■gl§Sa
* O c8 «c22 ®
*O
f f s t s l ° : l s I o k‘° ® 5 ® ® gm • «->svhi‘ ^S®a 3 § § | ® i M § ■s § £ • * !
sggS'S®'5
« o fe C
| ri g g^'S® ® s g
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F & h1o s .9
-d
t J o - o2 ^ 5
° 3 § s £ & t = j > o 2 o g | £ £ £ " S o « a os g
•2 c»c
cp
cQ
'S‘
3
^
05 ^ x i cc
3 2 g 8 « S 5 * & « pMp3'O'03,O oa Tn Sog d- oe| . ■ ^ 0 0 ^ . a•—
a g « d ,§
i qr N ® ®
2H H = ® rr® *c & 8H
5g i s f i s s s H e S ' g S .
a si *5 g
-v
w
'C
p
cd
p
r
rj z n>® 5 5 i
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ea a9f t o =S- a
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J J ' ' 3 cd
JO <Jt3tD t>

M arket, Prices atui
Sales o f
FU TU RE S.

M

© © © t> 00 CM
O O O COCOCO
OjOOr* ^CM
COof© COCO'’*
COCCCMrYTO^
CD^ CDrHi#
rH
oooco^o
O O O w -iN
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OOHCl' '-'r-f
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11,512
83,675
49,119
31,582
4 5,326
26,270
40,183
77,425
183,059
30,302
48.779
4 0.287
2,845
55,801
21,100
34,604
24,280
40,446
46,580
38,607
2 1 0 ,9 9 3

12,134
17.534
89.614
19.202
10,159
295.874
7,764
32,372
28,996
718,147

E asier.
A v ’g e ,. 5 56 A v ’g e .- 5*58 A v ’g e .. 5 ’64 A v ’g e .. 5*63 A v ’g e .. 5*74 A v ’ge. 5*79 A v ’g e .. 5 ’83 A v’ge. 5*90 A v ’ge.. 5*93
1,9 0 0
2,3 0 0
2 9 ,4 0 0
8 00
300
2 9 ,2 0 0
4 2 ,1 0 0
4 ,2 0 0
900
1 1 5 ,2 0 0
5*55^ 6 00 5*55-3 5*58 5 * 5 6 3 5*60 5-61® 5*66 5*67® 5*68 5*IT® 5*75 5*7 7 3 5*81 5 ’80® 5 ’86 5*87® 5*90 5*92® 5*95
5 * 5 8 - 5*59 5*58® 5*60 5 ’6 4 — 5-65 5 * 6 8 - 5*70 5 ' 7 3 - 5*74 5 7 8 - 5*79 5 - 8 3 - 5 8 4 5 * 8 8 - 5*89 5 * 9 3 - 5*91
Steady.

-

— 3

—

6*07

ft

6 *10

-

-

3

7 ,0 9 2 ,7 0 0

5 ,4 0 0
5*66

3 1 ,400
5*66

29 4 ,2 0 0
5*71

10.300
5*76

2 0 8 .8 0 0
5*81

3,5 0 0
5*84

1 7 9 ,1 0 0
5*90

9,1 0 0
5*94

2 0 ,400
5*99

2 0 ,3 0 0
6*04

7 00
6*05

3 7 5 ,4 0 0

1 ,0 9 5 ,8 0 0

3 .2 7 9 ,0 0 0

9 6 ,100

1 ,3 2 7 ,1 0 0

44,800

8 0 1 ,8 0 0

8 4 ,8 0 0

8 3 ,000

4;3,000

1 ,1 0 0

7 00
6*0 2

700

|

s

+2 0
-rj
CO
,
<0. 05
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si © g S ^
<a k
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E ^ 9
^ _i-> *• ^

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t s

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I M-3

6*09

A v ’ge. 5*67 A v ’g e .. 5'67 A v’g e .. 5*72 A v ’g e .. 5*79 A v ’g e . 5*82 A v ’g e .. 5*84 A v ’g e .. 5-91 A v 'g e.. 5*94 A v ’ge. 6*03 A v ’g e .. 6*06 A v’g e ..------- A v’g e .. 6*01
Firm.
200
4,6 0 0
3 ,5 0 0
1 ,1 0 0
3 1 ,8 0 0
300
2,4 0 0
2 5 ,9 0 0
4 1 .3 0 0
400
3 ,1 0 0
1 1 5 ,4 0 0
— 3 —
6 *0 0 ® 8 * 0 2
f>-63» 5-72 5 * 6 7 3 5*77 5*73® 5*82 5*763 5*87 5*82® 5*87 5-86® 5-97 5*913 5*97 5*97® 6 05 6 *0 1 ® 6 * 1 0
5*63® 6*10 5 * 6 7 3 —
6
*
0
1
6*06
6
*
0
8
6
*
1
0
6
*
0
9
6*10
6*05
6*06
6
0
0
6
*
0
2
5
*
8
6
5*87
5
*
9
1
5*92
5 * 8 1 - 5*82
5 - 9 6 - 5-97
5 * 7 1 - 5*78 5 7 1 - 5-72 5 * 7 7 - —
Stead y.
A
v
’g
e
..
6*04
A
v’ge.
6*04
A
v
'g
e
..
6*02
A
v’g
e
..
6*07
A
v’g
e
..
5*84
A
v
’g
e
..
5*94
A
v
’g
e
..
5*93
A
v
’ge.
5*80
A v ’g e .. 5*70 A v’g e .. 5 ’7 0 A v ’g e .. 5-74
E asier.
40 0
6 ,9 0 0
3 ,3 0 0
200
3 3 ,200
2 6 ,400
9 00
4 00
1 ,1 0 0
3 9 ,5 0 0
2 ,2 0 0
1 1 4 ,500
5*90® 5*97 5*9 7 3 6*00 5*99® 6*06 6 *0 2 ® 6 * 1 0 — 3 6*04 6 0 0 ® 6*05
5*00a 6*10 5*683 5 72 5-66® 5-72 5-70® 5-78 5*793 5*81 5*80® 5*88 — ® 5 * 9 4 - 5*95 5*&9 - 6*00 6 *0 2 - 6 0 j 6 * 0 3 - 6*04 6 *0 0 - 6 * 0 2
5 * 6 5 - 5 60 5 - 6 5 - 5-66 5 - 7 0 - 5-71 5 * 7 5 - 5*76 5 * 8 0 - 5*81 5 * 8 5 - 5*86 5 * 9 0 - —
E asy.

2 - 3 § S CT
s -a £
©
£2

1

bo
KJ

Pu

bC

P

03
P3
O
K
o»

£

X

■
b § g ^

502,484

3 00
6*0 0

Sa

300
8.352
3,740 .
54,423

A v’g e .. ------— ®

■o ’? g | 2
2 °
« SM
m ■« ® m m l i

1 2 2 ,7 9 9

—

m
n

ai bp‘3 ® g

275

Aii*——
— 3

A v ’g e .. 5*71 A v ’ge*.. 5*70 A v ’g e .. 5*74 A v ’g e .. 5*83 A v ’g e .. 5*84 A v’g e .. 5*90 A v ’g e .. 5*93 A v ’g e .. 5 97 A v’g e .. 6*01 A v ’g e .. 6*06 Av’ge. 6 0 9 Av’ge. 6*00
E asier.
200
10 0
3,9 0 0
2,700
2 ,6 0 0
600
3 3 ,800
3 1 ,1 0 0
4 9 ,7 0 0
10 0
3 ,5 0 0
1 ,2 0 0
1 2 9 ,5 0 0
5-66® 6-12 5 * 6 7 3 5*73 5*66® 5*75 5*703 5*80 5*77® 5*86 5*80® 5*91 — 3 5*90 5 8 9 3 5*99 5*95® 6*04 6 *0 0 ® 6*08 6*03® 6*12 6 -0 7 0 6 ’1! 6 *0 0 ® 5*99 6 * 0 2 - 6 03 6 - 0 0 - 6 ’03 5 * 9 9 - 6*01
B ’rly stea d y . 5*65— 5*66 5*65— 5*66 5 * 7 0 - 5*71 5 * 7 5 - 5*76 5 * 7 9 - 5*80 5 * 8 4 - 5*85 5 * 8 9 - 5*90 5 * 9 3 - 5 95 5*98

{SalesBlnoe Sep. 1 /9 7

489
5,007
714
3,640
3,450
2,041
3,461
3,424
20,523
1,374
2,366
6,836
845
1,068
20,512
1,374
1,956
2.336
55.833

a
: -h>

October.

September
A

4 ,1 0 0
5*97 c 6 00
5 * 9 7 - 5*98

A v ’g e .. 5*68 A v ’g e .. 5 6 8 A v ’g e .. 5 ’75 A v ’g e .. '5*78 A v ’g e .. 5*34 A v ’g e .. 5*37 A vrg e . . 5*93 A v’ge. 5*99 A v ’g e .. 6*01 A v 'g e .. 6*07
Firm er.
3,7 0 0
2,5 0 0
500
3 ,9 0 0
1 ,0 0 0
3 5 ,4 0 0
5 9 ,5 0 0
3 5 ,3 0 0
1 0 ,0 0 0
1 ,2 0 0
153,300
5 -6 4 « 6*12 5 * 6 5 3 5*72 5*64® 5*75 5-69® 5-81 5*76® 5*80 5*79® 5 90 5*86 S 5*93 5*88® 6*00 5*96® 6*02 5 9 7 3 6 *U8 6 *0 2 ® 6 * 1 2
6*04—
6
05
6
*
0
8
- 6 09
5
*
9
9
6*01
5
*
8
0
5*81
5*87—
5*89
5
*
9
5
5*96
5
*
9
0
5*91
5
7
5
5'7
6
5
*
7
0
5*71
S tea d y .
5 * 7 0 - 5*71

7 8 3 ,9 0 0

5 ,7 5 7

3,816
24,133
12,367
12,290
8,383
6,375
21,045
10,177
51,822
14,692
12,534
5,198
75
19,752
6,120
10,107
3,319
9,237
23,243
19,970
31,453
500
1,124
4,863

^ 5

August.

Firm er.
A v’g e .. 5*63 A v ’g e . 5*61 A v ’g e .. 5*66 A v’g e .. 5*70 A v ’g e .. 5*76 A v’g e .. 5*79 A v ’g e .. 5*85 A v ’g e .. 5*89 A v ’g e .. 5'95 A v ’g e .. 5*99 A v ’g e ..----GOO
3,0 0 0
1,700
3 0 ,9 0 0
2 ,7 0 0
6 1 ,6 0 0
4 5 ,5 0 0
1,300
8,1 00
600
1 5 6 ,0 0 0
5*55® 6 03 5*60® 5*64 5*55® 5*64 5*613 5*70 5*683 5*75 5* 7 2 3 5*80 5*78® 5*32 5* 8 2 3 5*89 5*86® 5*94 5-94® 5-97 5*97® 6*03 — 3 —
5 8 3 - 5*84 5*88— 5 89 5 * 9 3 - 5*94 5 - 9 7 - 5-98 6 * 0 2 - 6*03
5 * 6 3 - 5*04 5 6 3 - 5*64 5 * 6 9 - 5*70 5 * 7 3 - 5*75 5 * 7 9 - —
Stead y.

iT otal sa le s th is w eek
A v e ra g e price, w eek

4,008
1,841
3 101
624
600
8,234
11,257
2,144
2,420

229,345 2,374,601 185,147

M ONTE.

J u ly .

917
6 ,9 9 5

18

m § jj

THE CHRONICLE.

N ovember 20, 1897.J

987

(Qu o t a t i o n s f o b M i d d l i n g C o t t o n a t O t h e r M a r k e t s ,—
W eatheb R eports by Telegraph.—Our advices by tele­
Helow are closing quotations of middling cotton at Southern graph this evening from the South indicate that the temper­
and other principal ootton markets for each day of the week :
ature has been lower during the week and that killing frost
OLOSM O QUOTATIONS FOR R ID D LIN G OOTTON O S has occurred at some points. There has been rain in a
N ov. 19.
R r t.
number of localities, but generally the rainfall has been
S a tu r .
i f on.
T u ts.
W edncs. T h u r t.
light. Marketing has made excellent progress. Our Helena,
G a lv e s to n . .
5%
51 8
Shs
5 Ti*
S its
5 'i e
Arkansas, correspondent reports that there is much cotton
5Ai
5k
5*1*
5«,„
N e w O rle a n s
5hs
55ie
M o b ile _____
5%
yet in the fields.
5%
6%
53 |,s
5*18
5bs
5%
S avannah. .
5%
5%
5%
Sba
5*1,8G a lv e s to n , Texas.—It has rained on one day of the week,
S ’-s
C h a r le s to n -.
5M
5k
She
53is
5-ha
the rainfall being nine hundredths of an inch. Tee ther­
W ilm in g to n ,
5(4
5*4
SB
5M
5(4
5(4
mometer has averaged 60, ranging from 44 to 77.
N o r f o l k ........
5*8
5LS
5=8
5h a
S 'ia
5*18
B o s to n ..........
5*8
5*s
5%
5 7s
» 7S
5«19
C o r p u s C h r i s t i. T e x a s .—We have had rain on one day
5=8
B a ltim o re . .
55g
5 s*
5%
5 °s
5*8
during the week, the precipitation reaching one hundredth of
O’*
P h ila d e lp h ia
81*
6 i,«
6%
6%
018
5»8® he
an inch. The thermometer has ranged from 49 to 89, aver­
A u g u s ta ........
5%
5%
5-18
5?1«
5 ’is
M e m p h is ___
5 >4
5(4
5(4
5(4
5 l4
aging 63.
5M
St- L o u is ___
5^9
5 “ is
5I-,,
5A,e
5*i«
5*tS
P a le s tin e , T e x a s . —There has been rain on one day the past
5%
5*8
H o u s t o n ___
5%
5
i
„
5*18
Sh*
week to the extent of eighty hundredths of an inch. Aver­
C in c in n a ti..
5*8
5*
5*9
5*8
5=8
5%
5*8
age
thermometer 56, highest 84 and lowest 33.
L o u is v ille ...
5*8
5*8
5%
5%
5*s
S a a A n to n io . T e x a s .— Light frost on Thursday. We have
The closing quotations to-day (Friday) at other important
had light rain on three days during the week, to the extent
Southern markets were as follows.
of forty-two hundredths of an inch. Minimum tempera­
N a s h v ill e ___ _
5M
A th e n s ..
5
. 5 7 .8 -«a C o lo m b o * , K is s
A tla n ta .
N a tc h e z .............
5 ‘ft ture 40.
E o f a a l a . . . ........
6(4
N e w O rle a n s, L o u is ia n a .—The weather has been dry all the
R a l e i g h ........ ..
4*8
: . . . . . . L i ttle R o o k ___
5(4
week. Average thermometer 64.
■ 4 7S M o n tg o m e ry ...
5*18 S h r e v e p o r t ........
Shreveport, Louisiana.— We have had rain on one day dur­
Receipts from the P lantations.—The following table
indicates the actual movement each week from the plantations ing the week, to th»ext«nt of fifty-seven hundredths "of an
The figures do not include overland receipts nor Southern inch. The thermometer has averaged 60, the highest being
consumption; they are simply a statement of the weekly *81 and the lowest 34,
C o lu m b u s , M is s is s ip p i.— There has been rain on one day of
movement from the plantations of that part of the crop whici
the week, the rainfall reaching ten hundredths of an inch.
Anally reaches th* market through the outports.
The ihermometer has averaged 56. ranging from 28 to 80.
W ltk
Icelan d, M i s s is s ip p i.— W o have had rain during the week
H e d p U a t tht Ports. S t h mi Interior Towns. JUe'rUJram P lanV ni
MlKttiwto the extent of sixty-two hundredths of an inch. The ther­
is m . [ is e e . { v m . I t m . 1 18485. j USA
1867. i HUMS. | m s .
mometer has ranged from 30 to 87, averaging 57'7.
tV-CWM .rt7.*77 3»0,ftS8 m .9 : « ‘l ! i i f * NW.1SI
V ick sb u rg , M is s is s ip p i .—We have had rain on two days the
350..M1 430.571)3W.«W.«KkJTe **7.S» SHS.MB 444,141 [361^3? 1858,881 j past week, the precipitation being forty-four hundredths of
.it«.i:« wn,rmi » i j m tm jiss| m m »*:* m > # 4 m j r w m , e 7 0 j s w o ? j an inch. Average thermometer 60, highest 80 aud lowest 32.
SoT. *... :*«7.«33:an.s«3',iso .» 3 i:39e^se!i«i^4M !4i5,iJe ZM.&S&m’t M i 1248,113 |
j L it t le R o c k , A r k a n s a s . —We have had rain on one day of
“ 23... 411A06 :r«.h>e r.-A7«W AtSJttS AiSjtW! iti.o a e
- 18
\ 411. 8OV :u a .n :.!i* ,« a > i w . 11*>
t r i m s 472441 i85IMHd$3a*3t? f the week, the rainfall being seventy-five hundredths of a n
inch. The thermometer has averaged 55, the highest being
The above statem ent shows; 1,—That the total receipt* 74 and the low est 32.
from the plantations since Sept, 1, 1897, are 3,803,892 bales; in
H e le n a , A r k a n s a s .—Fields are full of cotton. It has rained
1896 were 3,623,333 bales; in 1895 were 2,700.231 bales.
heavily on one day of the week, the rainfall reaching one
2,—That although the receipts at the outports the past week inch aud thirty three hundredths. The thermometer has av­
were 411,309 bales, the actual movement from plantations w as eraged 51 5, ranging from 26 to 71.
472,144 bales, the balance going to increase the stocks at tbv
N a s h v ille , T e n n .—Telegram not received.
Interior towns. Last year the receipts from the plantations
M e m p h is. T en n essee,— l l ain has fallen on one day during
for the week were 359,315 hales and for 1895 they wire the we<*k, the precipitation being one inch and seventeen
233,317 bales.
hundredths. Average thermometer 54-7, highest 76-3, lowest
O v e r l a n d M o v e m e n t f o b t h e W e e k a n d S i n c e S e p t . 1 .— 81-4.
M obile, A la b a m a .— Light frost this morning.
We give below a statement showing the overland movement
M o n tg o m e r y , A la b a m a ,—Frost on one day. The weather
foi the week and since September 1, As the returns reach ui
by telegraph late Friday night it is impossible to enter sc has been dry all the week. The thermometer has averaged
largely into detail as in our regular monthly report, but al 53 and ranged from 45 to 70.
S e lm a , A la b a m a .—Light frost has occurred on three days
the principal matters of Interest are given. This weeklj
publication is of course supplementary to the more extemdeo of the week, killing tender vegetation. We have had rain
monthly statements. The results for the w e e k ending N o v . 19 on one day during the week, the precipitation reaching
fourteen hundredths of an inch. The thermometer has
and since Sept. 1 in the last two year* are as follows,
ranged from 85 to 60, averaging 67.
1896.
18 9 7 .
M a d is o n , F l o r i d a .—Crop is moving very freely. There has
M m e m b e r 10,
been no rain during the week. Average thermometer 72,
Since
_ . | S in ce
W eek, Sept. 1.
W u k . S ep t. 1
highest 36 and lowest 54.
S a v a n n a h , G e o r g ia .—Rain has fallen on one day of the
j
Shippers—
week,
to the extent of two hundredths of an inch. The ther­
71* 8 t. XnMijUe*****
4 6 ,0 6 3 2 7 7 ,5 3 1 20,5 2 3
1 9 7,808
20,1641 100,241 12,273 1 0 0 .8 8 8 mometer has averaged 59, ranging from 41 to 81.
1,124
1,173!
4 ,7 0 6
V ia P a r k a r „*****.,*.**
7.1 6 9
A u g u s ta , G e o r g ia .—It has been dry all the week. The
B< 0
V ia R o ck In la n d ___
1,2 6 8
11,521
8.4 1 0
4,4.55
2 8 ,4 0 6
3 ,3 4 0
5 6 ,6 4 0 thermometer has ranged from 31 to 77. averaging 58.
71» jU m iavtU u— . 4. . . . . . . a. . . .
C h a r le s to n , S o u th C a r o lin a ,—There has been no rain dur­
4,8 4 1 :
21,-585
3 .9 5 9
4 3 ,5 0 6
0 ,8 4 3
3 8 ,6 5 8
3 ,5 1 9
V la o f h e r ro u te * , <fcc......................
3 0 ,943 ing the week. The thermometer has averaged 60, the highest
8 4 ,8 0 7 4 8 6 ,7 3 6
4 4 4 ,4 0 2 being 77 and the lowest 45.
S ta ia b u r g , S o u th C a r o lin a .—Killing frost occurred on low
D ed u ct t h o r n s r m —
-onnds on Thursday morning. It has been dry all the week,
O v e rla n d t o S . Y ., b o s to n . A c .. 1 3 ,6 3 1 1 7 8 ,4 0 6 13,2 8 6
9 6 .003
2,2481
7 ,5 8 0
156
B e tw e e n I n te r i o r to w n * ........... ...
1 .3 8 5
he thermometer has averaged 65’7, ranging from 35 to 75.
708
0 ,6 0 9
1 ,8 * 8
13,409
I n l a n d , A o ., fr o m S o o t h . . . . ........
G r e e n w o o d , S o u th C a r o lin a .— We have had no rain daring
I he thermometer has ranged from 42 to 63,
1 8 ,8 7 7 j
9 5 ,6 3 5 1 4 ,8 1 0 1 1 0 ,7 9 7 the week.
T o ta l t o b e d e d u c t e d .......... .
averaging 52.
L e a v in g t o t a l n e t o v e r l a o d * .. 6 8 ,1 3 o ! 391.051 3 0 ,5 2 8 3 3 3 .6 0 6
W ils o n , N o r th C a r o lin a .— Telegram not received.
* In c lu d in g m o v e m e n t b y r a ti to C a n a d a .
The following statement we nave also received by telegraph,
T h e f o r e g o i n g s h o w s t h a t t h e w e e k ’s n e t o v e r l a n d m o v e m e n t ihowing the height of the rivers at the points named at
t h i s y e a r h a s b e e n 6 8 ,1 2 0 b a l e s , a g a i n s t 39,528 b a 'e i f o r t b e 3 o’clock Nov mbrr 18, 1897, and November 19, 1896,
week i n 18 9 6 , a n d t h a t f o r t h e s e a s o n t o d a t e t h e a g g r e g a t e m t

f

N ov. 18 , ’97. N ov. 19, '9 6
Feet.
Feel.
3-2
3-4
N ew O r le a n s ..........
5-5
1-5
M e m p h is .................
2*3
0*7
N ash v lile ................. ___A b o v e z e ro o f g a u g e .
1-9
0
8
___
B
elo
w
z
e
ro
o
f
g
a
u
g
e
.
S h r e v e p o r t..............
4*4
*2-6
V ic k sb u rg ................
* B elow ze ro of gau ge.

o v e r l a n d e x h i b i t * a n i n c r e a s e o v e r a y e a r a g o o f 5 7 ,4 4 6 b a l e s . 1 .........

I n M ight a n d S p in tiers*
T a k in g s ,

1897.
_ . | Sin ce
Week. J g fp t, j .

1898.
W eek.

Since
S ep t. 1.

A l l . 3 0 953,345,778 3 1 5 .7 1 7 3 ,2 4 1 ,4 4 5
R ec e ip t* a l p o r ts to F o r , 19
Wat o r o r la o a to N o v . W . . . . . . . . . . 6 8 ,1 3 0 3 9 1 ,0 5 1 30 .5 2 8 3 3 3 .6 0 5
2 2 7,000
800 th * rn r n m o m p tlo c to N ov. 19, S t.o o o j 253.000! 2 3 ,0 0 0
T o ta l m a r k e t© d .„ ......................' 5 0 3 ,1 3 9 3 .9 8 8 ,8 2 9 ' 3 0 9 ,2 4 5 3 ,8 0 2 ,0 5 0
I n t e r i o r s to r k s In e x c e s s . . . . . . . . . 00,835) 4 5 9 ,1 1 4 4 4 ,1 9 8 3 8 1 ,8 0 0
4 1 3 ,4 4 3
C a m e In to s ig h t d s r l n g w e e k . 564-2741
.......... 4 ,1 4 0 ,9 4 3
4 ,1 8 3 ,9 1 0
T o ta l In s ig h t N o v , 1 9 ------- . . .
f f o r th 'n 4 t» ln n © r* tftk '* i!to W ov.l9i 1 0 9 ,8 1 3
* b e e r e s m d a r i n g w eek .

7 0 4 .7 1 8

5 4 ,1 5 4

5 9 7,178

It will be seen by the above that there has come Into sight
during the week 564,274 bales, against 413,443 bale* for the
same week of 1898, and that the increase In amount in sight
to n ig h t as ootnpar«4 with last year is 262,963 bales.

India Cotton Movement From all P orts.—The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Nov. 18.
BORBAV RBOB1PTS AND SHIPMENTS FOB FOUB VI0A»r

Shipm ents th is week. Shipm ents eince Sept. 1.
Great C onti­
Tear U real Conti­
Tofu*.
B rit'n . nent, Total. B rita in nent.
1897
1896
1895
1884

......
7 ,0 0 0

7 ,0 0 0

i,6 o o
1,000
5,0 0 0

9,0 0 0
0 3 .0 0 0
0 4 .000
1 7 .000

Receipts.
Thi»
N ines
W eek. Sept. 1.

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

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

THE CHRONICLE.

988

Aooording to the foregoing Bombay appears to show
a dtcreaae compared with last year in the week’s receipts
of 16,000 bales, and no change in shipments, and the
shipments since Sept. 1 show a decrease of 55,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of September, for tw o
rears, has been as follows. “ Other ports” cover Ceylon,
Tutioorin. Kurraohee and Coconada.
Conti­
nent.

Great
B rita in .
1 8 9 7 ..........
1 8 9 6 .........
1 8 9 7 ..........
1 8 9 6 .........
11 oth ers—
1 8 9 7 ..........
1 8 9 6 ..........
T otal a l l 1 8 9 7 .........
1 8 9 6 ..........

Total.

1,0 0 0

1,000
2,0u0

5 ,0 0 0
7 ,0 0 0

6,0 0 0
9,0 00

___
1 ,0 0 0

2 ,0 0 0
9 ,0 0 0

5,0 0 0
1 0 ,0 0 0

7 ,0 0 0
19,0 0 0

2,0 0 0
2 ,0 0 0

2,0 0 0
2 ,0 0 0

5 ,0 0 0
1 0 ,0 0 0

1 6 ,0 0 0
2 3 ,0 0 0

21,0 0 0
33 ,0 0 0

2 ,0 0 0
3 ,0 0 0

2 ,0 0 0
4 ,0 0 0

8 ,0 0 0
2 1 ,0 0 0

2 6 ,0 0 0
4 0 ,0 0 0

3 4 ,0 0 0
61 .0 0 0

1,0 0 0

1,000

Great
B rita in . Continent.

Total.

1,0 0 0

The above totals for the week show that the movement from
the ports other than Bombay is 2,006 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1, 1897, and for the corresponding
penods of the two previous years, are as follows.
E X P O R T S TO E U R O P E FR O M A L L IN D IA .

Ship m en ts
to a ll Europe
fro m —

18 9 7 .

This
week.

1896

Since
Sept. 1.

This
week.

1895.

This
week.

B ih t
Sept, i

Since
Sept. 1.

B o m b a y ...........
A ll o th er p orts

2 ,0 0 0

9 .0 0 0
3 1 ,0 0 0

4 ,0 0 0

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

7 .0 0 0
5 .0 0 0

6 5 .0 00
63.0 00

T o t a l......

2 ,0 0 0

4 3 ,0 0 0

4 ,0 0 0

1 2 5 ,0 0 0

12,0 0 0

1 2 8 ,000

A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s .— Through

arrange­
ments we have made with Messrs. Davies, Benachi & Co., oi
Liverpool and Alexandria, we now receive a weekly cable c f
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for tin
corresponding week of the previous two years.
A le x a n d ria , E gypt,
November 1 7 .

1897.

■ eo e lp ts (oantarg‘) ___
T his w e ek ....................
B ln o e S e p t. 1 ...............

1896.

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

Since
T h is
week. Sept. 1.
E xp orts (b ales)—
To L iv e r p o o l........ . 1 7 .0 0 0
To C o n tin e n t!____ _ 10 .0 0 0

9 0 .0 0 0
8 1 .0 0 0

The exports for the week ending this evening reach a total
of 2,613 bale6, of which 2,353 bales were to Great Britain, 255
to France and — to Reval, and the amount forwarded
to Northern mills has been 1,728 bales. Below are the exports
for the week and since September 1 in 1897 and 1896.
E xports
fr o m —

Shipm ents since Sept. 1.

Shipm ents f o r (Ac week.

1895.

3 4 0 ,0 0 0
2 ,2 4 5 ,0 0 0

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

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

19.000 1 1 0 ,0 0 0
9,0 0 0 108,000
9 ,0 0 0 6 6 ,0 0 0 16 ,0 0 0 70,0 00

T o ta l E u r o p e ___ _ 2 7 ,0 0 0 1 7 1 ,0 0 0 2 8 ,0 0 0 1 7 6 ,0 0 0 2 5 ,0 0 0 1 7 8 ,000
t Of whinh to A m erloa In 1 8 9 7 , 6 ,9 1 2 b a le s; in 1 8 9 6 . 6 ,7 4 1 bales; In
1 8 9 5 ,1 3 ,5 1 7 b a les.

This statement shows that the receipts for the week ending
Nov. 17 were 310,000 cantars and the shipments to all Europe
27,000 bales.
Manchester Market.—Our report received by cable
to-night from Manchester states that the market is dull for
both yarns and shirtings. Merchants are not willing to pay
present prices. We give the prices for to-day below and
leave tho-e for previous weeks of this and last year for
comparison.
18 9 7 .

[V ol. LXV.

Week E n d in g Nov. 19. Since Sept. 1, 1 8 9 7 . N orth1n M il s.
Oreal F r'nce
Great France
Total.
Total. B rit’n. Ac.
B riVn. die.
1,5 5 8
295

15 0

1,708
295

3,342
40 0

505
..........

105
..........

610
..........

1,661
52

T o ta l.........

2,3 5 8

255

2,613

5 ,4 5 5

T o t a ll8 9 6 ..

3 ,0 0 9

886

3,895 10,074

S’v a n n ’h, &e
OliarRt’nj&o
F lorid a, &c.
N ew Y o r k ..
B o s t o n .........
P h ila., & c...

655

3,9 9 7
400

6 95

2,3 5 6
52

..........
1 ,3 5 0

SH lbs. S h irt­ OotUn

1,1 8 1
50
497

4 ,0 9 2
60
1,2 8 1
TBI

..........

6 ,3 0 5

1,728

5,4 3 3

4 ,0 2 0 1 4 ,094

3 ,2 5 5

8 ,6 5 6

A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, w e follow
the same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week w ill be found
under the head “ Shipping News,” on a subsequent page.
Quotations Nov. 19 at Savannah, forFloridas, common, 9c.;
medium fine, lOJ^c.; choice, 14J^c.
Charleston, Carolinas, medium fine, 16 to 17c.; fine, IS to
19c.; fullv fine, 21 to 22c.; extra fine, 26 to 38c.; superfine,
45 to 60c."
J u t e B u t t s , B a g g i n g , & c . —The demand for jute bagging
has been quiet during the past week. Quotations, however,
are unchanged at 5J£c. for \% lbs., 5%c. for 2 lbs. and
6%c. for 2)4 lbs. Car-load lots o f standard brands are quoted
at 5J4c. for 1% lbs., 5J£c. for 2 lbs. and 6^ c. for 2)4 lbs. f. o.
b. at New York. The market for jute butts continues quiet.
Quotations are 75 @80c. for paper quality, l)4c. for m ixing
and l%c. for spinning cuttings, all to arrive. Spinning cut­
tings on the spot are quoted at l%c. and paper quality at
Exports op Cotton Goods from G reat B ritain.—Below
we give the exports of cotton yarn, goods, &c., from Great
Britain for the month of October and since January 1 in
1897 and 1896, as compiled by us from the British Board
of Trade returns. It will be noticed that we have reduced
the movement all to pounds.

Cloth.

Y a r n tk T h r c a d .

lotal of AU.

•00* o m itte d .
1897.

1890.

1897.

1890.

1897.

1896.

1897.

L b s.

Lbs.

Y ds.

Y d s.

L bs.

L bs.

L b s.

January....... 21,181 22,090
February— 19,9:9 21,421
March.......... 24,839 23,949

1890.
L b s.

437,480 86,229 83,282
453,009 69,318 80,238
441,944 82,739 84,132

106,410
89,257
107.578

105,978
107,659
108,081

T ot.lit quar. 05,959 68,000 1,241,752 1,332,433 237,280 353,652

803,245

321,718

88,094
98.514
88,289

99,819
95,793
106,089

Tot. 2d quar. 00,097 08,840 1,088,845 1,220,470 207,400 233,461

273,497

302,301

July............. 23,453 23,573
August......... 23,701 22.401
Septem ber.. 21,598 22,302

483,883 77,505 92,314
482,139 83,325 91,783
447,002 70,934 85,095

100,958
107,020
92,532

115,887
114,187
107,397

Tot. 3d quar. 08,752 08,279 1,210,701 1,413,124 231,761 209,19*
Ootober......... 24.234 23,469 390.5)4 419,049 74.390 79,773

300,516

337,471

93.024

103,242

April.............
M a y ................

June.............

22,623 23,400
22,756 21,756
20,718 23,078

447.452
303.919
434,381
346,872
887,227
354,740
406,900
437,455
372,400

401,397 00,071 76,413
389,010 73,758 74,037
430,057 67,571 83,011

769

18 9 6 .

32* Cop. ings, common M id.
Twist.

Since
Week. Sept. 1.

21.851

8H lbs. S h irt­
3 2 s Oop. ings, common OotVn
Mid.

T o t a l e x p o r t s o f c o t t o n m a n u f a c t u r e s ...................................

998,502! 1,086.820

The foregoing shows that there has been exported from the
United Kingdom during the ten months 998,502,000 lbs.
a.
d. s. d. 8. d.
d.
d.
d. s. d. a. d.
d.
of manufactured cotton, against 1,086,826,000 lbs. last year, or
Oo. 15 6*8 ® 7318 4 l i s ® 6 9
3S332 6 <% ® 7ia 4 5 1 3 0 6 1 1
“ 22 6% ® 73I6 4 U a ®6 9
3»8 6 is ®73fl 4 5 S O lO ia 415^2 a decrease of 88,318,000 lbs.
44 29 S h e ®7>s 4 1 ® 6 8
315;,2 6 !% ® 7 1 3 4 5 ® 6 10Hs 417 a•
A further matter of interest is the destination of these
N ov 5 61,6 ®7>s 4 1 ® 6 8
3>4 6 % * 7 9 ,6 4 5 ia ® 6 11
4!732 exports, and we have therefore prepared the following
44 12 «
4 1 ®6 8
4 1 or .
3®:l2 6i:i 1 6 ®7=8 4 5 * 3 * 6 11
44 19 515,f ® 7
1 1 ® 6 7 ij 3
6% ®7>s 4 5 ® 6 1 0 1 3 4 1332 statements, showing the amounts taken by the principal
countries during October and since January 1 in each of t ie
.) u t e u r o p o f B e n g a l i n 1897.—According to a report last three years:
issued by the Department of Land Records and Agriculture
IE C E GOODS AND TA R N S TO P R IN C IP A L C O U N T R IE S IN
of Bengal, under date of Calcutta, October 1st, the estimated E X PO R TS O FO C PTO
B ER AND FR O M JA N U A R Y 1 TO O C TO B ER 3 1 .
area nnder jute for 1897 reaches 2,147,900 acres, against
2,196,606 acres in 1896 and 2,186,600 acres in 1895. The out­
October
Jan. 1 to Oct. 31.
Piece Goods—Yards.
turn in 1897 is estimated at 6,006,200 bales of 400 lbs. each
(0008 omitted.)
1897.
1890.
1895.
1895.
1897,
1890.
against 5,082,000 hales of like weights in 1896.
tfa s t I n d i e s ................................... 168.024 177,058 177,432 1,620,072 1,936,131 1,697,958
8 ea Island Cotton Movement,— We have received this T u r k e y , E g y p t a n d A f r i c a .. . 8 0 .«s5 68,049 70,338 680,603 005.169 065,005
.............. . 33,997 44,821 60,417 485,074 500,030 497,552
( Friday) evening by telegraph from the various ports the S; hulrnoap ea n( de xJcaepp at nT........
u r k e y ) ......... .2L.9H8 23,735 22,796 2.82,6 0 242,615 231,:-02
details of the Sea Island cotton movement for the week. The S o u th A m e r i c a .....................
....... 39,027 48,300 59,014 3*6.005 519,133 544,319
..
21,682 27.449 28.090 209,221 236,20u 271,380
receipts for the week ending to-night (Nov. 19) and since SAllo r ot ht hAe rmceor iucna t r.....................
i e s .................... 2*,2<>1 29,031 28,700 321,893 331,271 305,909
oept. l, 1897, the stocks to-night, and the same items for the
T o t a l y a r d s ............................. 390,544 419,019 442.817 3,941,P04 4,391.075 4.204,30!
corresponding periods of 1896, are as follows.
T o t a l v a l u e ............................. £3,008
to fin est.

Uplds

18 9 7 .

Receipts to Kov.

19.

S a v a n n a h ................. ...........

Charleston, &o.........
Florid a. * o ...........
T otal..

Twist.

to fin e st.

18 9 6 .

Xfpldt

Stock

T his
Since
T his
Since
week. Sept. 1. week. Sept. 1. 1 8 9 7 .

18 9 6.

5,1.35
619
497

2 6 ,0 1 0
3 ,6 4 6
1.291

5 ,0 7 5
761
304

3 9 ,8 7 4 2 2 ,0 0 7 2 1 ,7 44
6,7 7 3 3 ,9 0 3 5,301
1 ,1 0 7
195
907

6,2 5 1

3 0 ,9 4 7

6 ,1 4 0

4 7 ,7 5 4

2 6 ,1 0 5 2 7 ,9 52

£4,101

£4,099

£37,913

£43,087

£38,787

3,369
8,035
3,471
4,400
3,027
2,702
1,409

2,760
4,067
4,115
4,450
2,405
1,731
1,096

2,028
4,372
6.041
3.913
3,075
2.153
1,502

29,656
32,802
36,3^5
39,066
28,120
23,392
13,770

27,283
36,721
37.037
44,879
29,173
18,005
14,183

37,880
40,204
44,581
38.S30
26,770
20,050
14,246

22,013
£808

21.213
£891

22,081
£866

203,797
£8,082

207,283
18.415

213,17
£ 7 .7 3 3

Yarns—Lbs.

( 0 0 0 * omitted.)
d o l l a n d .............................................
G e r m a n y ..........................................
O th . E u r o p e ( e x c e p t T u r k e y )
E a s t I n d i e s .....................................
h l n a a n d J a p a n .........................
T u r k e y a n d E g y p t .....................
All other countries.................

Total lbs..............................
Total v a l u e .............................

THE CHRONICLE

N ovember 20, 1807,]

C o t t o n Crop o f 1896-97 A pportioned t o S t a t e s ,— We
present below oar usual compilation stow ing the yield of
cotton in each State for the crop year ended August 31,1897.
While we do not claim absolute accuracy for this division
among the States, it is believed to he approximately correct,
special effort hashing been made to get as near to the true
result as possible. Of course it would require an actual
census to apportion production accurately between the
States. The subjoined statement covers onr estimates
for the past five seaiona, which embrace,rhe amounts mar
keted through the ports, ii.terior towns and rail overland,
and Southern mill consumption daring each, season.
1SSM-97.

Bale*.

1895-93.

Bairn,

138I-B5.

1893-94.

Bales

Bmex.

1 8 9 3 -9 1

Biles.

1S-9-SW.

Bates.

N o r t h C a r o l i n a . . . . . . . 499,000
» 447.000
388,000
S o u th C a r o l i n a . . . . , , 77*,< o • 6 .0 .0 0 0
7.*.0.000
075.000
507,000 748,798
G e o r g ia ..........................1,300.<>v > LOOO.'OO 1,250,000 1.046,000
934.000 M 9 U U 9
F l o r i d a ...........
..
65.000
50.000
05.000
56,000
45,<-00
57,92-*
A i » b a a » . . . . . . . . . . . . . MMMBO
810.000- 1.060.000
792.«K»
660.000
915,41*
M is s i s s i p p i...................1.110. i.O
SvO.000 1 ,20 0 ,0 0 0 1.021,000
851,000 M & M 0 6
L o a i r i a n a . ................... . 547.000 475,006
650,000
520.00*
500,000 659.5*3
T « m m .............................1*800,000 JLp44,00O 1.066.600 USSOfiOO 1.470,S*>3
A r k a n s a s ^ . ............... 771,000
* m jm
875,000
0S&000
574,000 M l,*2*
T e tm m a m . ..........
33*.OB*
3**1.090
406.000
280.000
255,600 2&MK2
A l l o t h e r s ..........
183,000
157.000
173,000
83,000
64,000
57,975
T o ta l « W

.

...M JU .Q W

7 0 6 2 .6 0 0 9J&*LQ00 TMTJjOO

6.717,000 7,471,116

It will be noticed that we start the foregoing with the
returns for 1889 90. Those are the census returns, and con­
sequently give a good basis for comparison.
D o m e s t ic

E x po rts

Cotton

o p

M an o f a c t d r e s .— W e

g iv e

below a statement showing the exports of domestic cotton
manufactures for Sept mb^r and for the i ine mouths ended
Sept. BO, 1897, and for purpose of comparison like figures foi
the corresponding periods of the previous year are also
t resen t-d;
|
Q tM nbU w * o f M a n u /a c iu te * stj C«M M o n t A e n d in g S e p t. V). 9 (WM. *rid%nv S e p t, 3
tern ic o l m t d a n d t»iu a tm M *
lem"
1m m .
tew s
m e p e rU d to—
i»&7.

& * r m m r ....................... ................
Ot m m o o a n t r l w In W a m p * . . . B r ltiib N o rth A m s rlc a
O a t n i A m arfea n
a d <3
B r i t i s h H o n d a n u i ............. * U x i « o ................. ............................
8 * n t o D ou >!b * o .............................
C t b * . . . . ....................
..
P r m © H i m ........ .
O th e r W .
k B erm u d a ^.
* tu « a u & « t i r p a o i u . . . . . . .
t e d S t a te * o f C o Iona h i * . .
O t t « r 0 0 1 3 d t r i e * t a i . A a s e r tc e
n* t ! i h E s * t l o d f e * B u t . Pot*4M*n* ta A a n
O t h e r A »i» mno O m m i e m . . .
O th e r c o o n tn e * ..... . . . . . . . . .

•*
•*
**

' ?

» u rx 6
7 4 .0 .4

t» A W 7 ,a r b
1 .U I.M 7

*r-” 1
«
**
M
•*
“
"
*•
**
**
**
*•
**

1,MS>
M©
170,125
478.0*1
4 t» 7 S
!.7dfj.3-5

41

Vt
**

f.w e i/A b
is,*©**
tfO.f
i
I4.«sm

• m ,n o ,n ': S 213,513,461

T o ta l y e rd e o f a b o v e ....
T o ta l valoa* ■>t a b o v e . ..
▼ala* p a r y a r d
.....

' l U W J 5 j *12,160.024 B l 'L t r i .S 8
$nm »
• 051b?
»• &;a
$m *z
■

Wm%o* o f o th e r M u n a fr H ’f n r* * Of
C o tttm tx p o e U d to—
C f itte d E t e g d e ® . . . . . . . .
f r a n c * ................. . .......... .........

173.114
it
lt,t m
3^.4 J
P 1 . j ?gis .s n

0 t h # r c © a n trie * t o K tiro p m ........
B r itis h N o r t h A ® a r t ***.... .
C e n t r a l A s s e r tc a o s t a t e * k S r i t l i h
H o a d a r e * .. — ............................
m ....................................

m fm 7
1 .farm

P a a r t n a ic © ............... ......................
O t h e r W . I n d ie * a n d B e r m u d a

*.»«?«*
4.2t.<
■is:
8,11*5
13. IB

10,11*
srjse?
u.i"n»
1,25*
2:1 »

C o U ed g ta t# * o f C o to » b t* ....
O t h e r 0 0 s t a i r i e # |» S o . A m e r i c a . - .
8 r v n * h K a » t l a d l e * . ...................
B rt£ l« h A a e t r a i a e t a . .....................
O th e r e o a o tn e *
in
A«i» - V
O flM & tM .....................
. ..
i f r ! « ..........
...
O t l u r s o a o t M M .........................
T o ta l r a l a * o f o th e r aa an n fa c
O f............. ..........................
A * * r * r » t* v a in * o f a l l e o t t o n ro o d *

8 l» 8 118
i85.i> 0
t**J,*&3
1,118 J 0 g
085
971.898
6 9.4 4
12,7 74.33*2 27.790,311
8.W5U.970
8,057,150

.. :r.(
4ig».T7S
M '( . W
tvri-jsl 3
1.170,*
1,670,973
I00.37C
171,783
9JKW
81.8SI
2 '7 .« 9 0
4 m tfiu
I J m o M * I0.0w7.25l
7,« 12,370
2 J 5 3 .1 3 3
*7A%*5
Ao 1.0*4
5 jd * » jn
1,327.255
441,713
4.842,813
5.615.* <JO
M l . 1,4 31
18 Gt7,K*3
7,5.HA,44» 122,8* 7,112 S t , 11.697
*1118,049
.
7M «i
1.411,8*3
5*7.029
itj& w .o s a
%,'&■}», t ^ ■
v rg u r.o 13,083,748 13.t9U .7f 4
¥7,182
4,921,78*

m s .& ti

1

!

♦,?**
\n»l
440
",V42

14,10?
i 'j m

68,1ft1.4i?
1,271

15
*118,133
* 1.45-5. &31

f 3 « t/8 4
0 f*AO
ti.'M « *-1

$303,522
12 0> H

i

37,28*
1,104.801

m .f
11,5 tt

S3 ,858
1
32, ft70
4,137
81,719
4 1 .-3 3
$$.$40
M ,m s
4 2 .9 ,9
140.081
z .W
8V.16J

l.Jt-O.H-l
iu .n i

t> 0 8
h%;&'Z>y
40,151
85,40.7
1« 070
1.876
137,910

231.401
47. Alh
5.711

240,482
21.939

12,654

1750,604 *2.8:8.384 $2,713,400
f» ,7 « M S 4 $15,074,888 $14,930, OtO

EXCHANGES,—The following exchangee have been mat e
during the week:
*15
15
'0 6
‘1 0
.0 5

pd. to
pd* t o
pd. to
pd. to
pd. I d

exoh. 500
cxch, 500
o t o h . 300
patch, 3 0 0
w e k 500

fo r M cl*.
N ov. f o r Sftefe*
N ov. fo r .Too
J a n . fo r M ay.
Be©, f o r J a n .

(*10 p d .
I *24 p d .
• *10 p d .
I 33 p d .
| -%% p d .

to
to
to
to
to

C o t to n B a li no a n d t h e A r k w r ig h t
o d s o p B a l in g I n s is t e d U p o n .
a

Batch.
exoh.
ex oh.
exoh.
exch.

100 M ay
5 0 0 B ee ,
100 .f*o.
500 J a n ,
100 J*o.

fo r J u ly ,
f o r M ay,
fo r M en.
fo r M « y .
f o r A ug.

C lub— B etter M e t h ­

989

Daring the course of the discussion of the resolution it de­
veloped that two new- forms of a cylindrical bale and one o f
the square bale have been introduced. It is not the purpose
of the club, however, to favor any particular form of bale,
but rather that through improvements in the methods of
baling manufacturers will be assured of the receipt at the
mills of the cotton purchased. The much superior condition
in which foreign cotton reaches the mills has caused much
dissatisfaction among manufacturers at the slovenly method
of baling American cotton.
f HB F O D L O W IS a A B E TH E D R O S S K E O B I P T B OF COTTON a t

New York, Boston, Philadelphia and B altim ore for th e past
week, and sin ce September 1, 1887,
«1W TORA.
B e c tip U
fro m —

T h it
u u l.

H .O rle & n a ...
T e x a s ............
a a v a a n ’h A c
M o b il© . . . . . .
f l o r i d a ..........
So. C a r o lin a
No. C a r o lin a
V ir g in ia ,..
• f o r th , p o r ts
T ® n n ., A c ...
f o r e l g i L . . . ..

8,070
12,779
10,078

T o ta l...,.,

S in c e
s> n . : .

B O iT O K .
T h it

95,184
118,942
120,801

7.523

19,183
35,251

P H ttA D lL P H U
T h it
H ilt.

.........

......

600
no

1,170
21,081
5,977
43,004
........
M jj9
1,300

33,900

407,788

29,276

187.760

2,922

SS.UU,

to o , 107 31.1*3

161,879

2,373

1,313

.....
5,010

B u im o a i.

S in c e
T h it
S e p t. 3. m i l .

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

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

........
382
2,049
1.352
5.680

S in e t
S s p t.l,

-827
.....

__

........

S in e s
S ift. ],

15,544
-

‘i T A .

.......
8,000
1,286
8,508
2,566

36,646
44,023
30.088
5,759

300
2,622

130
5,008
I P ,529

5 806
......
2,794

34.777

T--T

.........

10,389
........

24,667

8,927

60,660

14,351

T.&0I

66,116

S h i p p i n g N e w s . —The

exports of cotton from the United
States the past week, as per l a te s t m a il returns, have reached
272,152 bales. So far as the Southern ports aie concerned these
are the same exports reported by telegraph and published in
the C h r o n i c l e l a s t Friday. W ith regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total bales,

N e w Y o r k —T o L iv e rp o o l, p e r s te a m e rs C ev ie, 6 ,0 9 8 u p la n d
an d 505 8ea IH a n d
C utto. 1.041 U p la n d
.............
7 ,6 4 4
T o M aiF iie s te r, p e r s te a m e r C u v ie r, 3 8 4 . ........................ ........ .
384
T o H u ll, p e r s te a m e r G a lile o , 2 5 0 ,................................... .............
250
T o L o n d o n , p e r s te a m e r C a m b ria n , 6 8 9 . . . . . . ............................
689
T o H a v re , p e r s te a m e r L a B re ta g n e , 5 0 0 u p la n d 105 S e a
I s l a n d . ......................................................................................................
605
To D u n k irk , p e r s te a m e r M y rtlo d e n e , 2 0 7 , . . . . . ____2 0 7
T o B re m e n , p e r s te a m e r* L a h o , 4 . . , S t u t t g a r t , 1 ,6 4 7 .........
1,651
T o H a m b u rg , p e r s te a m e r A n-laU i-in, 3 7 5 ................... .
37$
T o G enm i, p e r s te a m e rs K a is e r W ilhelm M , 8 2 0 . . . . ................
820
To N a p les, p e r s te a m e r K a is e r W ilhelm *L, 4 2 6 . . . . . . . . . . . .
426
N e w O ki > an - T o L iv e rp o o l, p e r s te a m e rs A m e ric a n , 14,551
... .E l e c t r i c i a n , 4 ,2 7 4 ....... 1. W. T a y lo r, 1 ,3 8 ? ........ L o u isi­
a n ia n . 3 , 6 5 0 . . . . M u g iria a , 9 ,8 0 0 ___M o n te z u m a , 1 3 ,8 5 2 ... 4 7 ,0 1 4
T o H a v re , p e r d .- u H u r A fg h a n P rin c e , 5 , 6 5 4 .. .. '_______ . . .
5 ,6 5 4
To B re m e n , p e r s te a m e r A frica, 5 ,3 3 5 ........... ....................... ..
5,3 3 5
T o H a m b u rg , p e r -te u m e r* C a la b ria , 3 ,5 0 0
P o lv n e s ia ,
2 ,2 0 0 ..................................................................................................5 ,7 0 0
T o A n tw e rp , p e r s te a m e r P o r tu g u e s e P r in c e , 1 ,2 2 6 ...... ......... 1 ,2 2 6
T o B a rc e lo n a . j> • - le a rn e r O m d e W llfred o , 4 ,4 2 6 .........
4 ,4 2 6
T o G e n o a , p e r »\* .o n e rs C onde W ilfred o , 2 ,4 7 9 ___T erjgcste,
I , 100.
........................ ....
.......... ............. ..
3 ,8 7 9
T o T rie s te , p e r -h a tn e r Terge-sto, 8 0 0 . . . . . . . . ............................
800
To N a p le s, p e r -a e a rn e r T e rg e s te , 5 0 0 ....... .
. . . . . . . _____
500
G a.lv>ksito.v—'T e L iv erp o o l, p e r s te a m e rs A c m e, 6 ,1 8 7 ........
B e r n a r d H a ll, 3 ,« ii9 . . . . . a e o r g f o s M Ie h a iln o s ,0 ,0 7 1 ........
K n ig h t C o m m a n d e tv 9 ,7 2 0 ... N a v ig a to r, 4 ,7 6 8 ___P e d ro ,
4 ,- 7 ^ .. .T h o rn h ill, 9 ,2 5 2 . ............................................................. 4 4 ,4 9 5
T o M an c h e ste r, p e r s te a m e r A la v a, 3 ,3 5 5 ....................
....
3 ,3 5 5
T o B re m e n , jh r s te a m e r - B rita n n ia , 7 ,0 6 7 ..* ..E liz a b e th
K iekm erm 1.2,445___Lm Lgato, 5 ,5 6 ? .................................. ......... 2 5 ,0 7 9
T o H a m b u rg , p e r s te a m e r L izzie, 1 ,1 5 0 ........................................ 1,1 5 0
To A n tw e rp , p e r s te a m e r T r a n s v a a l, 2 , 0 8 6 . . . . . . . ..................... 2 ,0 8 6
Mo b il e —T o L iv e rp o o l, p e r s te a m e r H u n te d IF, f,4 7 1 . . . . . . . . . . . .
4 ,4 7 1
S a t a n n .vti —T o L iv e rp o o l, p e r s te a m e r U riel, 0 ,1 5 0 u p la n d a n d
6 74 S e a is la n d . ___________ ______ ___________ _
6 ,8 2 4
To B re m e n , p e r s te a m e rs A sto n H a ll, 9 ,3 5 3 ....E v a m la le ,
I I , 9 0 ( L ...U raffoe, 8 ,7 5 0 ....................................... .
2 9 ,1 0 3
To G h e n t, p e r s te a m e r D u c h e ss o f K o x b u rg lie , 5 ,3 0 0 .. .. ___ 5 ,3 0 0
T o K oval, p e r s te a m e r In v e rn e s s , 4 ,7 0 0 . . .
. . . . . . . . . ___ 4 ,7 0 0
B a r v s w u; k -T o L iv e rp o o l, p e r s te a m e r P re s lifield, 5 ,6 5 4 ...........
5 ,8 5 4
To B re m e n , p e r s te a m e r H o w ick H a ll, 8 ,0 1 4 .....
___
8 ,0 4 4
Oil a a m ; s t o s —T o B re m e n , p e r s te a m e r A rd a n d e a r g , 9 , 3 0 0 .. .. .. 9 ,3 0 0
T o H a m but g, p e r s te a m e r D a lm a t ia , 1 ,4 0 0 ....... ........................
1 ,4 0 0
W iL M ism o s - i n B re m e n , p e r s te a m e r K irk h lll, 1 1 , 1 0 7 . . . . . . . . . 1 1 ,4 0 7
N o r f o l k —T o L iv e rp o o l, p e r s te a m e r s A m a n a , 2 ,y 0 5 . . . . L am b e r f s P o in t {a d d itio n a l), *2,210—
...... ................................... 5 ,1 1 5
To A n tw e rp , p e r s te a m e r Bt. E n o c h , 6 0 2 ................................
602
B o st o n —T o L iv erp o o l, p e r s te a m e r s • a n a d a , 1 ,7 9 5 .. .O e s tria n ,
5 , 3 5 9 . . . . K a n sa s, 1, 0 8 6 .. ..S r y ih ia , 8 7 8 ...........................
9,4 9 8
To Y a rm o u th , p e r s te a m e r B o sto n . 2 . . . , ___ ______ _____ 2
B a l t im o r e —'T o L iv e rp o o l, p e r s te a m e r U ls te rm o re , 3,6 5 5 . . . . .
3 ,6 5 5
T o B re m e n , p e r s te a m e r W il Jehad, 1 ,9 0 0 — . . .
................
1 ,9 0 0
T o 14 tte r d a ti , p e r s te a m e r T a m p ic o , 3 0 0 . . . . . . .........................
3 00
PitfL A d &i ,!*>-i ia —T o L iv erp o o l, p e r s te a m e r fih y n la n d , 5 2 7 . . . . .
527
S a n F ran c is c o —To. J a p a r t, p e r s te a m e r P e ru , 6 0 0 ................. .
6 00

—At meeting held in Boston
Nov. 17 the Arkwright Club, the membership of which is
T o t a l . . . . . . . . . . . . . ...................................................... . . . . . . . . . . . . . . . . 2 7 2 , 1 5 2
almost entirely made up of treasurers and managers of New
The particulars of these shipments, arranged in our usual
England’s cotton p ills, the subject of the baling of cotton form, are as follows.
w ai discussed, and the following resolution was unanimously
Other
B r e m e n O th«r
Japan
adopted:
ff: H am - N o rth S o u th <CN o v a
L i m r - U nited

m a n u f a c t u r e r * h a v e f o r a l o n g tin*© s u ffe r e d In t h e i r h u e !*
n©»* b y r e a s o n o f th e p«*or c o n d i t i o n i n w h ic h c o t t o n h a s b e e n d e l i v ­
e r e d to feh«m . I t Is p o o r i y g i n n e d , p o o r l y h a n d le d , p o o r l y b a l e d , o v e r h o i k e d a n d s u b j e c t t o r o b b e r ? fro n t th e tim e ft l e a v e s t h e p la n t e r s *
han d© u n t i l It r e a c h * * t h e m ill* . N e a r ly a l l o f t h e s e ©Vila a r c c n e o n r a g e d a n d fo s te r e d , b y th e p r a c t ic e o f d e a l i n g i n c o t t o n a t g r o s s r a t e .
'■ T h e a*I v e n t I n t o t h e m a r k e t o f c o t t o n p u t tip In n e w f o r m s o f t h e
h ah% a n d In p r o p e r c o n d i t i o n , g i v e * a n o p p o r t u n i t y t o r e m o v e t h e s e
e v i l* a n d t ii e i r e a li s e s . T h e o l d f o r m s o f b a le s c a n b e m a d e e n t i r e l y
s a t i s f a c t o r y i f p u t n p In life© m a n n e r t o t h e E g y p t ia n .
“ A a a la r g e a m o u n t o f co ittw i th is s e a s o n w ill b e p u t u p In t h e n e w
b a le * t h e t im e h a s a r r iv e d w h e n u s e r s a r e In a p o s it io n t o t a k e a d e ­
r id e d H a n d o n t h e q u e s t i o n o f b a l i n g a n d w e ig h i n g .
4*W o t h e r e f o r e t o s is t u p o n b e t t e r b a l i n g a n d h a n d lin g o f c o t t o n a n d
u p o n * sy ste m « f d e a l i n g a t n e t rate, and w r p le d g e <»un*elves to give

th e str o n g e st p o ssib le preference to co tto n so h a le d , handled and so ld ."

'pool. K in g d .F r a n e r , hurt/. B u r ope. E u ro p e . S m tia . T otal,
1,323 -HI2 2,026 ..... 1,246 ...... 1 3 ,0 5 1
5 ,0 5 4 1 1,0 3 => 1 ,226 9 ,6 0 5
7 4 ,5 3 4
G a lv e s to n . 4 4 ,4 9 5 3,3 5 5
. . . . 2 6 ,229 2 ,0 8 6 .........
7 6 ,1 6 5
M ob ile..
4,471
4 ,4 7 1
S a v a n n a h .. 8,824
. 11111 m ti m 16*606 m i l l
4 5 ,9 2 7
......... 8,044 . . . . . . . . . . . .
B r u n s w ic k 5,654
1 3 ,6 9 8
. . . . . . 10,700 .......................
C h a r le s to n
1 0 ,7 0 0
......1 1 ,4 0 7 ...................
W U m iijgt’n
1 1 ,4 0 7
...... ......
602 . . . . . .
N o rfo lk
5,1 1 5
5 ,7 1 7
9,498
B o sto n . . . .
9 ,5 0 0
“ 306
B a ltim o r e . 3,6 5 5
5,855
5 27
F M lttd o lp 'a
527
S a n F r a n ..
600
GOO
N ew Y o rk .

N . O r le a n s . 4 7 ,0 1 4

ijYoo

T o t a l . . . . 1 3 4 ,8 9 7

4 ,6 7 8

6 ,4 6 6 100 , 4.44 1 4 ,2 1 4 1 0 ,8 5 1

6 0 2 2 7 2 ,1 5 2

THE CHRONICLE,

990

[VOL. LX V

The tone of the Liverpool market for spots and fu tu re s
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to each day of the week ending Nov. 19 and the daily clo sin g
prices of spot cotton, have been as follows.
the latest dates.
-Galv esto n —To L iv erp o o l—N ov. 1 1 —Steam er B o lla g io , 9 ,5 8 4 ........
N ov. 12—Steam ers A v o n a , 8,255: Ida, 4 .6 9 4 ...N o v . 13—Steam er
Glen dow er. 6 ,7 1 3 ...N o v . 16—S tea m er C ap eila, 7 ,S 7 6 — N ov. 17
—Steam er D rum m ond, 7 ,7 1 3 .
To M anchester—N ov. 13—S tea m er K en n e tt, 1 ,5 8 7 .
To H a v r —N ov. 1 3 —S team er D rum elzier, 8 ,2 5 5 ........N ov. 1 5 —
Steam ers B enoroy, 6,716; T rop ea, 9, 5 1 ........N ov. 1 6 —S tea m er
U rsula B right, 9 ,5 3 9 . . .N o v . 1 6 - S te a m e r D eptford, 6,0 9 7 .
T o B rem en—Nov. 13—S team er U lv e rsto n , 7 ,6 8 5 ........N o v . 1 7 —
Steam er T reasury, 7 ,4 2 1 .
To H am burg—N o v . 1 1 —S team er E n d sle ig li, 169.
To R otterdam —N ov. 11—Steam er Z ylplia, 450.
N a w O r le ans —T o L iv erp o o l—N ov . 1 —S tea m er K iojana, 1 1 ,7 3 9 . . .
N ov. 16 S team er Orion. 5 ,4 7 3 ... N o v . 17—Steamier H om er, 2,4b4.
To H u ll—N ov. 18—S tea m er N ordkin , 1,000;
To D ublin— Vov. 15—8tea m er G lenarm H ead. 2,6 4 9 .
To H avre—N ov. 17—S tea m er R y d a l H all, 7 ,5 7 7 .. .N o v . 18—Steam er
Y orkshire. 7 ,8 2 6 ___N ov. 1 9 —S tea m er B endi. 9,0 0 0 .
T o B rem en—N ov. 13—Steam ers A u str a lia , 5 ,145; Q ueen M argaret,
7 .4 6 0 ___N ov. 16—S team er V ala, 6,8 3 4 .
To H am burg—Vov. 1 6 —S team er L indisfarne. 574.
To B arcelona—N ov. 1 2 —Steam er J u a n Forgas, 3,450.
T o G enoa—N ov. 1 2 —Steam ers J u a n Forgas, 1,600; P e r sia n P rin ce,
5 ,0 4 3
—Nov. 17—S tea m er M ontebello, 5 ,3 6 9 .
To T rieste—N ov. 1 3 —S team er M iram ar. 3,0 6 0 .
P ensacola —To L iverpool—N ov. 1 3 —S tea m er L eon ora, 3 ,8 7 3 — N ov
1 9 —Steam er D u n o tta r, 7,3 8 7 .
To B re en —N ov. 1 9 —S tea m er O beron, 4 ,8 9 8 .
M o b il e —To L iv erp o o l—N ov. 19 -S te a m e r V era x , 3 ,7 2 9 .
S a v ann ah —'To L iv erp o o l—N ov. 18—S tea m er B aron D o u g la s, 5 ,8 9 6
up land and 1,5 5 8 Sea Islan d.
To H av re N o v . 18 - S team er A tla n tic , 5 ,4 5 6 u p la n d and 1 5 0 Sea
Island.
To H am burg—N o v . 1 3 —S team er A eo lu s, 850.
T o B rem en—N o v . 1 3 —Steam ers A eo lu s, 3,880; D rot, 3 ,6 5 0 ........
N ov. 16—Steam er C astle E d en , 4 ,8 7 5 . ..N o v . 18—Steam er Olaf
K yrre, 8,156.
T o R ottei dam —N ov. 13—S tea m er T hyra, 2,6 0 0 .
To A n tw erp N o v . 1 3 —S tea m er T hyra. 6,2 7 4 .
T o B a rc e lo n a —N ov. 13 - S tea m er G reatham , 6,510.
T o G enoa—Nov. 13—S tea m er W ybridge, 6 ,494.
C h a r l e st o n —1T o L iv erp o o l—N<>v. 13—Steam ers C airncrag, 4,5 9 6 up­
lan d and 102 S ea Islan d; L obelia, 6,001 up land and 178 Sea
Island; L ochm ore, 6,7 0 7 u p la n d a n d 15 Sea Islan d.
To Manohe-icer—Nov. 13 - S tea m er A u reo la , 5 ,283.
To B em eu —Nov. 13—Steam ers A rion, 8,547; A rranm oor, 6 , 6 9 0 .. ..
N ov. 17 S tea m er Mab, 8 ,500.
•Wil m in gto n —T o L iverp ool—N o v . 13—8 tea m er A n n a n d a le, 11,828.
To B rem en N ov. 16—S tea m er Skidby, 12,14<».
N o rfol k —T o Ham burg—N o v . 12—Steam er A lo a n o , 700.
N e w p o r t N e w s —To L iv erp o o l—N ov. 17—Steam er R appah annock,
9(H).
To H am burg—N o v . 1 3 —S tea m er A lb a n o , 100.
(B oston —T o L iverp ool—N o v . 1 2 —S tea m er C orinthia, 1 ,0 7 6 . .N o v . 1 5 —
Stean er M ichigan, 6 2 2 ___N ov. 16—S tea m er P h ila d elp h ia n , 365.
To H u ll—N ov. 6 —Steam er L ep anto, 5.
To Y arm outh—N ov. 1 2 —S tea m er B o sto n , 3 9 ___N o v . 1 6 —S team er
B oston , 136
B altim ore —T o L iverp ool—N ov. 17—S tea m er V edam ore, 3,345.
To B rem en—N ov. 17 S team er D resd en , 2 ,2 4 9 .
To R otterdam —N ov. 12—S team er D urango, 196.
P h il a d e l p h ia —T o L iverpool—N o v . 1 3 —S team er Indiana, 526.
To A n tw erp —N ov. 10—Steam er S w itzerla n d , 2 0 0 .
S an F rancisco —To J a p a n —N ot . 18—S tea m er C o p tic, 2,7 7 6 .

Spot.
M arket, )
1:45 p . m . j

S a t’d a y . M o n d a y . T u e sd a y . W e d 'd a y . T h ursday

Friday.

Firmer.

Good
business
doing.

Quieter.

Steady.

M id. D p l’ds.

3 73,

3 732

3Ii

Sp ec. & e x p .

8 ,0 0 0
5 00

1 5 ,0 0 0
2 ,0 0 0

1 2 ,0 0 0
2 ,0 0 0

F u tu r e s .
1:45 P. at. (

Harden’g.

Easier.

3®3j

S73I

3*32
1 2 ,0 0 0
1 ,0 0 0

1 2 ,0 0 0
1 ,5 0 0

1 2 ,0 0 0
1 ,0 0 0

Irreg. at Quiet at Steady al Steady at Easy at Steady at
3 H4 <" 4 04 partially partially 1-64 (a 2-64 2-«4 as-fM i-«4 ad­
decline.
vance.
decline. 1 - 6 1 dec. 1-64 adv. advance.

M arket, \ Irregular.
4. P. M. J

Steady.

Quiet.

Very
. steady.

Barely
steady

Steady.

The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands Low Middling
clause, unless otherwise stated.
T he p r ic e s a r e g iv e n i n ence a n d 64eth8. T h u s : 3 6 3 means
8 63-64<i., a n d 4 01 m e a n s 4 1- 64 d .
S a t.
Nov. 13 to
Nov. 19.

N o v em b er ..
N o v .-D ee ___
D e o .-J a n ___
J a n .-F e b ___
F e b .-M o h ....
M ob.-A pril..
A pril-M ay..
M ay-Ju n e ..
J u n e -J u ly ...
J u ly - A ug . . .
A u g .-S e p t...
S e p t.-O c t...

M on.

T u es.

T h n rs,

W ed.

F r i.

I2h! 1 1:45 4 1:45 4 1:45 4 1:45 4 1:45 4
P.M. P. M. P.M. P.M. P.M. P.M. P. M. P.M. P.M. P.M. P.M. P.M
3
3
3
3
3
3
3
3
3
3
3

d.
d.
10 3 OS
0* a 07
08 3 07
OH 3 07
09 a 07
10 3 0*
11 3 1C
12 3 10
12 3 11
14 a i f
14 3 13

d.
09
07
07
07
Oft
08
09
3 11
3 12
3 13
3 14

3
3
3
3
3
3

3
3
3
3
3
3
3
3
3
3
3

d.
K
08
07
07
08
0'J
30
11
12
U
14

3
3
3
3
3
3
3
3
3
3
3

d.
12
09
09
09
10
10
12
13
14
15
16

3
3
3
3
3
3
3
3
3
3

d.
12
09
09
09
09
1C
11
1‘.
14
15

3 If

d.
3 14
3 12
3 11
3 11
3 12
3 13
3 14
3 15
3 IK
3 17
3 18

3
3
3
3
3
3
3
S
3
3
3

B R E A D S T U F F

d.
13
ll
10
10
11
11
12
14
15
16
16

3
3
3
3
3
3
3
3
3
3
3

s

d
10
08
07
07
08
08
10
11
12
13
14

d
3 11
3 09
3 09
3 .0 9
3 09
3 0
3 11
3 13
3 14
3 15
3 16

d.

3
3
3
3
3
3
3
3
s
3
3

13
10
10
10
11
11
12
14
15
16
17

d.

3
3
3
a
3
a
3
3
3
3
3

13
n
11
ii
11
12

13
14
15
16
17

.

F riday , November 19. 1897.
MOnly a small volume of business has been transacted in the
market for wheat flour, as the demand from the nome trade
buyers has been light, and the export trade has been quiet.
As a rule prices have been in buyers’ favor, and reductions
have been made exclusive of low-grade winter-wheat flour,
which has been in scant supply and has had a sufficient call
to maintain values. City mills have been quiet and easy.
Eye flour has sold slowly and prices have declined. Backwheat flour has been quiet but steady. Corn meal has had a
moderate sale at steady values.
There has been only a limited amount of activity to the
Below we give all news received to date of disasters to speculative dealings in the market for contracts and the
vessels carrying cotton from United States ports, &c.
fluctuations in prices have been within a narrow range, the
A lb a n o , ste a m e r (Ger.), from N o rfo lk , fdr H am burg. C otton on th e net change for the week being unimportant. Owing to the
deck o f steam er A lban o ca u g h t lire a t N ew p o rt N e w s Nov. 12; scarcity of ocean freight room there has been a considerable
tu g s extiim ui.-hed th e lire. The A lb a n o le ft N ew p o rt N e w s for
falling off in the export business.
The colder weather
H am burg th e sa m e d ay.
C a ir n c r a g . stea m er (B r.), from C harleston, N o v . 14, for L iverp ool, reports from the W est have had a tendency to help the
returned to C harleston, N ov. 16, w ith c y lin d e r h ea d broken.
market, as have also un avorable advices from Argen­
•Go v e r n o r , stea m er (B r.),fro iji G a lv esto n for L iv erp o o l, arrived at
tina. The European market has been without new fea­
N ew p o rt N ew s, Nov. 12, w ith cargo on fire.
nature, and there has been
Th c h d u n e , steam er (B r.), a t B rem en, N ov. 12, from B ru n sw ick , has tures of an important
lan d ed ,4 0 0 b a les o f c o tto n w hich w ere d a m a g ed b y th e w ater
comparatively little interest shown in the market
used to e x tin g u ish th e lire in th e c a ig o .a t N e w p o rt N ew s, w h en
for futures by foreigners. Thursday there was a slightly
sh e put in th ere on th e v o y a g e .
S ir iu s , steam er (Br.), w h ich c lea red from N e w Y ork for M anchester easier market, prices for the day showing a loss of
under limited selling prompted by an increasing movement
N ov. 17, w h ile b a ck in g o u t o f 'he d o ck a t R obert’s Stores,
B rook lyn, th e sam e d a y , w a s run in to an d stru ck m th e stern by
of the crop in the Northwest and disappointing foreign ad­
m ud s c o n s in to w o f tu g. T he Siriu s r etu rn ed to h e r dock.
vices. To-day the market was firmer on moderate buying
Cotton freights at New York the past week have been stimulated by stronger foreign advices and reduced estimates
as follows.
of the Russian crop. The close showed prices
up
for the day. Business in the spot market has been less
active. The close was firm but quiet. The sales included
Tues. Wednes. Thurs.
Satu r. Mon.
F ri.
No. 1 hard Manitoba at $1 01% f. o. b. afloat and No. 1
L iverp ool,asked.d.
3 0t
28t
30t
3 0t
3 0t
•‘32
Northern Duluth at 99%c. f. o. b. afloat.
H a v r e ......... .
..c.
35t
35»
Brem en
35t
35t
H a m b u r g ........ .. d.
301
30
35'
A m ste rd a m ... ..c.
351
R eval, v. Hamb.(7.
50»
50i
4~t
D o v. H ull ..d
471
R o tte r d a m ___
351
351
G e n o a .............
40t
4 0t
T rieste...............
733
A n tw erp ........... . . d . ‘l.* * * !. 11,. 4498,
S 7 3v
U U ent.v.A ntw p.d. ISr.®?.,,

35 ■
3ft t
301
351
501
47f
35t
401

35t
351
301
351
50t
4 7t
35t
40t
Da

35t
35’
30.1
351
501
471
3 5t
40t

351
3 6t
301
351
48
48'
391
4»'t
7sa
n ,4
13e»

D A IL Y CLOSING P R IC E S O F N O . 2 R E D W IN T E R W H E A T .

Sat.
N o v em ber d eliv e r y .. ,0. 964?
D ecem b er d e liv e r y ........c.
■C. 9 6 V
.January d e l i v e r y : .. .. .. e . 97%
M ay d e liv e r y .....................o. 93*2

Mon.

Tues.

Wed.

96
96%
97Lj
93

95%
96*8
96%
9238

9688
97
97
9338

T h u rs.
96%
96=8
96%
93

F ri.
97

97H
9738
93%

There has been only a small speculation in the market for
Indian corn futures. Early in the week there was a slight
decline in prices uuder moderate offerings, largely by longs
732
782
to liquidate their holdings, prompted by a heavy movement
n C4®3lt!
of the.crop and free off-rings from the country. Subse­
1384® 732
quently, however, there developed a demand from shorts to
t C e n ts n e t p e r 100 lb s.
cover contracts, as receipts showed a falling off, and sym­
Liverpool.—By cable from Liverpool we have the follow - pathy with a sharp advance in oats resulted iD an upward
turn to values. To day the ‘market was quiet hut about
ng statement of the week’s sales, stocks, &c., at that port.
steady. Business in the spot market has been moderately
Oct. 2 9 .
Nov. 5. Nov. 12. Nov. 19. active. To day exporters were fairly large buyers at firm
prices. The sales included No. 2 mixed at 34%c. to 35%c. f. o.
6 3 .0 0 0
S a le s o f th e w e e k ............b a le s.
7 1 .0 0 0
5 6 .0 0 0
7 2 .0 0 0 b. afloat) according to time of delivery.

Of w hioh e x p o r te r s t o o k . . .
0 / w hioh sp e cu la to r s took .
8 a c s A m e r ic a n ...........................
A e tn a e x p e r t...............................
F o rw a rd ed .....................................
T o ta l stock —E stim a te d ............
Of w hich A m e r ica n —E stm ’d
T otal im p ort o f t h e w e e k .. . . .
Of w hich A m e r ica n ...............
A m ou n t attoat..............................
Of v h i« h A m erican..............

2 ,5 0 0
300
4 9 .0 0 0
4 ,0 0 0
6 8 .0 0 0
3 5 1 .0 0 0
2 7 2 .0 0 0
1 3 8 .0 0 0
1 2 7 .0 0 0
3 26,000
3 2 5 .0 0 0

2, 0 0
300
5 8 .0 0 0
7 ,0 0 0
6 9 .0 0 0
4 1 9 .0 0 0
3 3 5 .0 0 0
1 4 0 .0 0 0
1 2 4 .0 0 0
3 0 0 .0 0 0
2 9 8 .0 0 0

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

2 ,5 0 0
1,000
6 7 .0 0 0
9,000
8 1 .0 0 0
5 0 5 .0 0 0
4 1 1 .0 0 0
1 6 7 .0 0 0
1 4 3 .0 0 0
3 4 ,0 0 0
3 5 2 .0 0 0

D A ILY CLOSING P R IC E S O F N O . 2 M IX E D CO RN

Sat..

0. 3 2 3 ,
N ovem b er d e liv e r y ..
.0. 32%
D ecem b er d e liv e r y .
M ay d e liv e r y ..................... e. 3538

Mon.

TlieS.

Wed.

Thurs.

F ri.

3 1 78
31%
35

31%
3143
34%

32%
32
35

32=8
32%
35

3 2 is
32%
35

Oats for future deliveryjreceived little attention during the
first half of the week. Wednesday, however, there developed
a decidedly stronger tone and prices advanced %c. in response
to stronger advice from the Western market, where there

TBE CHRONICLE.

N ovember 30,1897,]

991

D o m e s t i c C o t t o n G o o d s .— The exports of cotton goods
waa something of a “squeeze” la December contracts. Large
purchases for export also had a strengthening influence. from this port for the week ending Nov. 15 were 2,788
Thursday there was a firm market and prices farther ad packages, valued at $134,3'6, their destination being to the
vanced i jC. To-day the market was easier, there being less points specified in the tables below :
anxiety on the part of shorts to cover contracts. The export
1897.
1896.
business has been active and to-day fair sales were made.
N e w Y o r k t o N o v . 15 .
The sales included No. 2 mixed at 28}ic. in elevator ; No. 2
W eek, S in c e J a n . 1. W eek. S in c e J a n . 1,
white at 29c. in elevator: No. 2 mixed clipped at 2 754 c. f. o.
7
9
3 ,2 3 9
3 ,9 3 8
b .( afloat, and heavy white clipped at 8it£c. f* o b. afloat.
O th e r E u r o p e a n .......................
4
6
2 ,9 9 3
2 ,6 0 1

D ilL T OLOSISO FAECES OF NO. 2 MIXED OATS.

S a t. M on.
D e c e m b e r d e liv e ry ........ e. 25% 25%
F e b r u a r y d e liv e r y ..........e ............................

T u e t.

7Tt4.

T S u r i.

F r i.

2 5 “a

28

26%
28

26
27%

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

Bye has been quiet bat steady. Barley has had a moderate
demand and as offerings have been limited prices have ruled
firm.
The following are closing quotations:
FLOUR.
» 3 10 P a t e n t , W in te r ,___ * 4 80 » 5
» 3 2 5 C ity n u lls, e x t r a s . 5 5 0 3 5
»3
E x t r a . N -.. 2 .......... 3 4 0
» 3 7 5 R y e flo u r, s u p e r d n a 2 75
E x t r a , N o. 1 ......... 3 4 0
» 4 10 B tto n w h e a t f l o o r .. . 1 35 3 1
• C le a r * ...................... 4 15
» 4 50 O ora m e a l—
W e s te rn , e te _____ 1 7 0 » 1
S t r a i g h t * . . . . ....... 4 * 0
3 5 00
B r a n d y w in e . . . .
1 80
r a t e a t , S p rtn g . . . . 4 9 0 » 5 7 5
• s a lts i« l!s a t p ric e s b e lo w th o s e l o r b a rre ls .]
i W heat
S i n e ...........................*2
S u p e r f in e ............... 3

90
00

15
60
35
45

35
1,033
342
314
526
69
90
311
33

10 1 ,8 4 1
1 3 ,1 7 9
2 1 ,0 4 6
1 8 ,0 1 9
1 3 ,4 1 0
2,991
7 ,0 6 2
4 1 ,2 8 7
4 ,4 9 1

2,7 6 8

2 3 0 ,2 5 7
1 6 ,166

1,838

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

T o t a l..................................... i 2,7 6 8

2 4 6 .4 2 3

|1 1 ,8 3 8

2 5 3 ,4 8 6

I n d i a ........ .................................
W e»t m d le * ...............................
M e x ic o ........................................
C e n tra l A m e ric a .......................
S o u th A m e ric a .........................
O th e r C o u n tr ie s ......................
T o t a l......................................
C h in a , v ia V a n c o u v e r-___

8 7 ,378
5,543
2 8 ,5 2 3
1 5 ,2 9 0
11,325
2.4 2 6
8 .8 6 4
4 5 ,9 8 8
3 ,7 0 9

1 27
38
2 88
1,318
56

‘ F r o m N ew E n g la n d m ill p o in t* d ire c t.

The value of the New York exports for the year to data
has been $9 019,83 in 1897 against $9,505,448 in 1896.
The market for brown sheetings and drills is very difficult
ORAXK.
to follow in the matter o f prices, bo mnch irregularity exist­
C o rn , p e r b a s h —
o,
o.
W h ea t—
a.
••
ing, but the tendency ia still in favor of buyers. The demand
H a rd D u lu tfc .N o .l. 1 0 0 % * 102%
W e s te rn t u t t e d . . . ........ 31 3 3 5 %
continues inactive on both home and export account.
No. 2 m ix e d ........... . . .. 3 2 % 9 3 5 %
Red W inter, No 2. 97% 3 90%
Bleached cottons are alow at first hands, but agents are
W e s te rn f e l l o w ............3 3 9 3 5
H ard W inter,N o.2. 95% • B7%
W e s te rn W h ite ___ . . . . 3 3 9 3 5
n o r t h e r n . *o 1 . . . 9 8 • 99%
rarely changing quotations. New York Mills 4 4 bleached
B yeO a ts—lilx 'd .p r r bah. 2 « » 27
are reduced to 8c. net, which is the only alteration at first
W h i t e ........ .......... 2 7 % » *3
W e s te rn , p e r h a s h . . . 5 0 9 5 4
hands. For wide sheetings there is only a limited call and
S ta te a n d J e r s e y ........ 51 9 5 4
No. 2 m ix e d .
. . 2 6 % » 27%
............42
9
5
3
B
a
r
t
e
r
—W
e
s
t
e
r
n
29 • 30
N o 2 w h ite ...........
price* are easy. Cotton flannelB and blankets are inactive
r e e d i n g ................... . . . 3 5 9 3 6
and unchanged. Dornets are slow of sale bnt unchanged in
E x p o r t s o f B b e a d s t c f f s , P r o v i s i o n s , C o t t o n a n d price. Other coarse colored cottons are inactive and irregular.
P etroleum. —'The export* of these articles during the month Kid-finished cambrics idle and easy. Fancy calicoes in
•o f October, and the ten month*, for the past three year* betrer demand on Southern account; prices irregular. New
fancies for spring sparingly shown as yet. Staple p ints
have been as follow*:
qa>et throughout. Staple ginghams inactive. Dress styles
in moderate demand. Print cloths inactive at 2 5-16c. for ex­
19*7.
1806.
ts s e .
B syort*
tras ; odds in moderate demand and easy.
from D. 3.
10 Month* Qciobm. tO afenCA*
OrtaGr. jlOMosJA*.
Q nanU U u,
¥fH**t-ba*h - i s
l 7J.41U 30 11.055,0^7 64,138,040
rio a i..,b b i#
l l « U 9 l | l(Mttfs«36
.bt*« E M 9 I J H 9 1 W K
T o t. b sub.

75

9,550,11* 65.084 077
l,444,«<k UJoO.IOO
lM 30,06«i 106.883.187
7,420*618 48. UO, 116

51.531,470jt2», 13 MS6 10.068.670 1*0,718 282

VaRwe,
S h ' t A Soar.
O o ra * m«»!

•

1

s

i

♦

*m\

O fttl A m tai.
* # rl« r ....

I jo e s i* ! 1§M m r
M 7j6~ \

f t# ,it?
4.5

»
»
8,780.fW 78.801.705
8,000,8 « 2I.464.4FO
to
IW M f* ! ,817,250
850,008 1,058,609

12,207,011 07.020.354
m jm jir r l t i m u m
f r o t i i i o o i *.
li0.8 I.9CS U M lM* 185.S61.7t# 14.147,0371
O ottou.
Sa.54V.A541H0.7sS.TM S7,«!,!»7 154.9 *.*-8* 27,80ft,*4? 127,068.811
«ft,ce7>23[
y t i r o i ’at.Jws.
5S.A14.ri' 6.80f-,6M 44 078,400
t

i

t

1897.
1896.
S ’a c k o f P r in t CtolHi—
!f„e. 13,
Noe. 14.
A tB re v ld - n c e .6 4 m jiiarea.
4 2 0 ,0 0 0 4 0 8 ,0 0 0
A t F u ll R iv e r, 0 1 »ijim re»
6 8 9 .0 0 0 8 7 6 ,0 0 0
A t F a ll R iv e r, o d d s lito s ...
7 1 8 ,0 0 0 9 3 3 ,0 0 0
T o ta l utocfc (p ie c e * )__ 1 ,8 4 7 ,0 0 0

2 ,2 1 5 ,0 0 0

GOODS

1 6 1 ,0 0 0

The importation* and warehouse withdrawals of dry goods
at this port for the week ending Nov. 18, 1807, and since
January 1, !S ‘7. and for the corresponding periods of last
year are a* fo llo w s:

asjsf
La K

Jfctfr**—M I i b e ftbov* H gm rm m m hm % 4 o o tti® m o n ttily p r e lim in a r y
P ito m *
by lb® B u re a u o f S ta tiit lc * , a a d e o ? « r a b o u t 9 8 p e r c e n t
o f tb® t o i a t o x tro ft* .
**r K»r e t h e r t a b l e * a a a a l l r *fv*m h e r e •» * e a s e 9*59*

DRY

1 7 5 ,0 0 0

I m p o r ta tio n s a n d W a re h o u s e W ith d r a w a ls o f D ry G o o d s

i##|M tno**in„______
* i t m o n t___
h # y #9__■!—
*r«.
eid4iti*
•ia__
__ ... _ .________

THE

1894.
N ov. 17 .
4 6 .0 0 0
1 4 ,0 0 0
1 0 1 ,0 0 0

F oreign D ry Goods.—There has been only a light demand
for semonabl- line* of merchandise and the market is irregu­
lar. Sprmg business has been quiet throughout and devoid
of special fentnre.

TT.170.4t7 »7*jn«.»7v 50 113,80 3 *5.160,730

T o t. vwimm

18 9 5 .
Noe, 16.
92,0i>0
2 6 .0 0 0
5 7 ,0 0 0

'

1

TRADE.

N ew Yore , F riday, P. M., N ov. 19, 1807.
There has been little change this week in the general course
of the market. The Southern market* have been buying
more freely than for some time past, but other market* con ­
tinue indifferent. There has been an agreeable change in
the weather daring the past few day* to colder condition*,
and this, it is hoped, will stir up trade withjretailers, where
business in a-asooable merchandise bus been more or less
held in check hitherto by too mild a temperature here and
elsewhere. The toue of the cotton good* division continues
poor, and if sellers are not positively pressing their stock*
upon the market they are at any rate very easily dealt, with,
and prices show much irregularity aii aroind. With job­
bers there ha* been continued catting of prices of bleached
cottons The cotton market has been steadier this week, but
has not helped the good* market. In the woolen goods d ivi­
sion there is pronounced inactivity still, but the lower tem­
perature now prevailing encourage* hopes of a speedy im
prcivstaeut. Fri :. * do not give way. Collections are fairly
good.
W oolen G oods.—The attendance of buyers in this depart­
ment ha* been poor all week, and orders by mail have Wen
for small quantities only. The whole-ale clothing trade
has made p o r progress so far with spring garments, and
are nos in tne market a* yet for farrher supplies of piece
goods. There are very few cancellations reported and agent*
are still Weil so li op, price* remaining firm throughout for
both tron-wring* and suitings in light-weight*. There i» no
business of any moment in hew heavy-weight* yet. Satinets,
cotton-warp cassimeres and doeskin jean* are doll and fea
tarsi ess. The overcoating demand u inactive. Kerseys
irregular in price. Cloaking* doll throughout. Flannel* and
blanket* steady hot «ils« 1ighf. Dress good* continue very
quiet at previous price*.

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CHRONICLE

C ity D t f M t m t m .

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Indianapolis Ind.—P ark Bonds Legal.—We have received
from E. M. Johnson, Comptroller, the following letter with
reference to the recent decision of the Supreme Court and its
bearing on the legality of the park bonds mentioned in the
C h r o n i c l e last week. Mr. Johnson’s letter states the matter
so clearly and completely that we cannot do better than
quote it in f u ll:
“ D e p a r t m e n t o f F in a n c e ,
)
‘ O f f ic e o f t h e C it y C o m p t r o l l e r ,
[“ I n d i a n a p o l i s , I n d . , Nov. 12, 1897. )

“ W illiam B. Dana Company, Hew York.
“ G e n t l e m e n : In reply to your favor of the 9th inst. will
say that the Indianapolis park bonds, awarded last April to
Street, Wykes & Co., have not been declared illegal by the
Supreme Court of the State. The question as to the validity
of those bonds has not been presented to that or any other
Court. To give you an intelligent idea of the quesiion that
was recently passed upon by the Supreme Court, I will state
that Indianapolis has a special charter, passed by the Legisla­
ture in 1891, by the provisions of which full power is given to
a Board of Public Works to buy or condemn all lands needed
by the city for public purposes, subject to the approval in
certain cases of the Common Council. The authority of that
Board, under the charter, to expend any and all moneys ap­
propriated by the Common Council is unquestioned.
“ In 1895 the Legislature undertook to enact a law provid­
ing for the establishment of park boards in cities of over
100,000 population, in which it was provided that such board
should consist of five persons, who should, after the first
term, hold iheir offices for a period of five years. This Jaw
defined the powers and duties of such boards, authorizing
them to buy and condemn real estate for park purposes, and
also authorizing the Common Council to issce bonds, and the
proceeds to be subject to the order of the Park Board for the
purposes of buying and improving lands for parks, &c. In
other words conferring upon the Park Board the powers as
to parks theretofore given by law to the Board of Public
Works. Under this law a Park Board was appointed by the
Mayor, and the bonds in question were issued for ‘park
purposes.’
' The Supreme Court in the recent case decided that the
statute was invalid, because the Constitution of the State
provides that no office shall be created by the Legislature the
tenure of which is more than four years, and that various
parts of the statute were so connected together that the whole
law must fall. Now, the Council having had full authority
to authorize the making of the loan and the issue of bonds for
the purpose named therein, and the Board of Public Works
having all the time had full power to receive and expend the
money raised by such issue of bonds, there is no disposition on
the part of any one so far as I am advised to question the
validity of the bonds. The case stands as though no statute
creating a Park Board had been enacted. The bonds were
issued, declaring on their face that they were issued for park
purposes. It is true that the instrumentality named in the
ordinance and bonds to carry out the objects of the loan turns
out to have had no legal existence, yet by the charter, which
was all the time in force, there is provided an instrumentality,
namely, the Board of Public Works, which has undoubted
power to receive all such moneys and to carry out the pur­
poses expressed in the ordinance and bonds, and whose dury
it is to expend all moneys necessary to be expended for the
purchase of all real estate needed by the city for all public
purposes.
“ In other words, it is thought that the Board of Public
Works, clothed with such ample authority, may proceed to
assume control of the m m ey and proceed with the work of
ark improvements, as would have been its duty if the invalid
igislation had not been enacted.
“ The City of Indianapolis will repudiate no obligations, nor
seek to evade*the full measure of any liability. 1 beg to en­
close you a copy of the decision referred to.
“Very respectifully,
“ E. M. J ohnson,
“ City Comptroller.”

[VOL. LXV.

Americus, (la.—Bund Issue Legal.—Judge Littlejohn has
denied the petition enjoining the issuance of the $35,000 water
and sewer bonds recently voted.
Bay City, M ich.- Certified Check Returned —On Novem­
ber 8, 1897, the City Council, on the recommendation of the
Claims and Accounts Committee, voted to re urn to C. H.
W hite & Co. the deposit of $500 made by them with their bid
for the $35,003 i.% City Hall bonds. These securities were
awarded to the above firm, but refused by them on the ground
that the bonds could not be issued as authorized. The action
of the committee was in accorance with the decision of the
City Attorney, that the city could not enforce the forfeit, as
no contract of forfeiture had been signed.
Brown’s T alley (Cal.) Irrigation D istrict.—Bond L itiga
tion.—The “ Enterprise” of Riverside, Cal., on November 6,
1897, contained the following dispatch from Marysville, rela­
tive i o the suit in equity against tlie Brown’s Valley Irrigation
District: “ Edward Lynch has filed in the Superior Court of
this county a complaint in equity, naming the Board of
Directors of the Brown’s Valley Irrigation District as defend­
ants. The plaintiff attacks the validity of the irrigation dis­
trict, which, by virtue of the Wright Act, claims to be act­
ing in a quasi-public corporation capacity’, and prays that it
be declared that the bonds of the district are null and void,,
and that the proceedings leading up to the alleged organiza­
tion of the district be also declared null and void, that the
assessment levied by the Board of Directors of the so-called
irrigation district in the year 1897 be declared void, and that
the plaintiff has such further relief as the Court may deem
proper. Brown's Valley District includes some 45,i 00 acres o f
fertile land on the foot-hills of the Sierra, and nearly $21)0,000
has been spent in developing the irrigation system.”
Chicago, 111.— Track Elevation Damage S u its.—The ordi­
nances passed by the City Council some time ago, ordering
the elevation of the tracks and subsequent street depressions,
have resulted in notices of damage suits being filed with thelaw department to the amount of $15,0< 0,000. The Corpora­
tion Counsel defines the city’s attitude in the matter. In an
opinion addressed to the Finance Committee of the City
Council, which has now pending before it several of the
cases in question, Mr. Thornton, the counsel, denies that
the city is at all liable for damages. He says that the ordi­
nances “ were not passed for a corporate purpose, but in the
exercise of a governmental function, namely : The police
power delegated to the city under the terms of its charter.”
“ The exercise of the police power is never (in law) attended
with danger of punishment to the State or municipality
which txercists it, especially when there is no physical in­
vasion of private property.”
P ark Tax Illegal. —On November 16, 1897, Judge Dunne
handed down an opinion declaring against the levying of an
additional tax of 2 mills by the South Park Commissioners in
the towns of South Chicago. L tke and Hyde Park. The
County ( lerk has been enjoined from extending the levy.
The Ccurt holds that the Act of 1873, under which it was
sought to make the levy, cannot be made t <apply to the
South Paik Commissioners, for the reason that the towns of
Lake and Hyde Park were not then within the limits of the
city. If is stated that an appeal will be taken to the Su­
preme Court.
Galveston, Texas.— Personal Judgm ent fo r Assessments.—
The Galveston “ N ew s” on November 11, 1897, contained a
report of an opinion handed down by Justice Williams in the
suit of Lovenberg to recover $473 98. This amount Mr.
Lovenberg claims he involuntarily, and under coercion, paid
the city on an assessment against his homestead, as the propor­
tion of the cost of paving Avenue I, chargeable against such
property. The “ News” stated that:
“ According to an opinion handed down by Justice W ill­
iams in the Civil Court of Appeals, the city of Galveston has
the right to recover personal judgment against propertyowners for their proportionate share of street improvements.
Following the decision of the Supreme Court in the case of
Higgins vs. Bordages, wherein it was held that a lien for
such improvements could not be enforced against homesteads,
it was thought that the city would lose all the assessments it
had levied on account of paving abutting homestead proper­
ties. A number of suits followed for the recovery of assess­
ments wh'ch had been paid by homesteaders, and about the
same time City Attorney Smith beganinstituting suits against
homesteaders who had not paid up, asking for personal judg­
ments against them. Since then the Supreme Court has,
in the Storrie vs. Cortes case, decided that the Legislature
has the power to make assessments for^snch improvements,
while not a lien upon the homesteads, personal charges against
the owners of the property, and that personal judgments
conld be obtained where the city charter provided for them.
The remaining question, so far as Galveston is concerned,
therefore, was whether the charter of this city would be con­
strued so as to warrant personal judgments against the
homesteaders. The Court of Appeals, in the case of I.
Lovenberg vs. The City has decided that the charter provides
for such judgments.”
Georgia.— Convention Bonds A gain R ep u d ia ted — It is
stated that for more than 20 years the old Scott and Hayes
convention bonds have been occupying the attention of
every Legislature, and that these bonds were again repudi­
ated on November 10, 1897. The original bonds were issued
to defray the expenses of a convention held immediately
after the war. Since Governor Smith refused to pay the

N otbsibeb 20, 1887, J

THE CHRONICLE.

bonds, claiming that they had already been paid, each Legis1at are has been asked and has refused to authorize their
avment. The bonds amount to 88,000 at I f . The holders
Pave offered to accept 47. at which rate the unpaid interest,
it is said, will amount to #8,420.
Hinckley. M inn.—A e w s .—Justice Mitchell has affirmed
the decision of the lower court requiring the Kettle River
Railroad to return to the town of Hinckley bonds to the
amount of #12,00), or the equivalent in money, and #2,400 in­
terest on the same from May 1,1*90, In 1888 the town of
Hinckley issued $12,000 in bonds to aid in building fonrmilea
of the road through that town and into the country from the
niaiu line of the St. Paul & Duluth. The bonds were turned
over to the company about .fan. 1, 1888. The road was oper­
ated until March 1, 1390. The tracks were torn up and all
the rolling stock removed in 1891. and in 1894 the town be­
gan this action to recover the bonds or their value.
Huron, Mich.—L i t i g a t i o n .— Parson, Leach & Co., Chicago,
have brought suit against the city of Huron to recover on
#40.003 warrants sold them in 1890. The city was compelled
to borrow, having rnn into debt in its endeavors to have
the State Capitol located at Huron. The city claims that the
issue was illegal, the town having exceeded its constitutional
lim it of indebtedness. The Chicago firm, on the other hand,
claim that the money was secured under false pretenses.
K ittitas Irrigation District, Wash.—Irrigation Bonds
L e g a l — A dispatch t o the Tacoma A n te s from EUensburg,
Wash., dated Nov. jn, 18 9 7 , said : “ A very important case
affecting irrigation districts was decided here yesterday in
the Superior Court. The Middle Kittitas Irrigation District,
of this county, has voted an issue of bonds, some of which
bad been sold. The law provides that if the directors of the
district fail to levy a tax to pay interest the Board of County
Commissioners shall levy it. This suit was in the form of a
mandamus to compel the Commissioners to levy such a t uc,
the directors of the district having failed to so act. This
action was brought by one Winthrop, who holds #80,000 of
the bonds. The Supreme Court having decided that the
bonds were legal, the only question for this Court to pass on
was whether the bonds were legally issued. The Court held
that they were, and the County Commissioners are ordered to
levy a tax on the lands within the district to pay interest on
the bonds sold.”
Omaha, Neb ,—B o n d L i t i g a t i o n . — J , J. Shea ha* amended
his petition to Judge Oreeri asking for an injunction restrain­
in g the city officials from issuing any more warrants or pay­
ing any of the indebtedness issued since January 1. 1895, as
stated in the © bboxicle November 13, 1897. Mr. Shea's
amendment relates to the financial transactions of the city
as far back as 1884 and contains a statement of the debt
issued since the beginning of that year. He asks the Court
to separate the bonds into two clas-es. one containing those
which the Court mar declare legal and the other those
illegal, and to enjoin the city from paving the bonds con­
tained in the latter class.
St. Clair County, H o .— T a x L e v y l<> be E n fo rc e d .— The St.
Clair County Court ha* been ordered to appear before United
States Judge Philips on December 9 and be punished for con­
tempt. The County Judges refused to levy a tax for the pay­
ment of bond* issued in aid of the Clinton Branch of the
Tebo A Neosho Railroad, according to the ruling of the
United States Court. The case dates back to the period fol­
lowing the war, and a history of it was given iu the St.
Louis •‘Globe-Democrat” November 12.1887, as follows :
"T w o hundred and fifty bonds of the denomination of
#!,f> 0 each were issued by 1 be county to aid in the building
of the Clinton Branch of the Tebo & Neosho Railroad. One
hundred and sixty of these fond* were sold and the money
invested in purchasing the right of way, paying for labor, etc.,
and ninety bond* represent profits o f promoters. The road
was fairly graded between Clinton and the north bank of the
river opposite Osceola, and some iron and ties placed along
the right of way, when the money gave out, All effort* to
float the bonds of the company proved unavailing, and the
work ceased. Then the people began an investigation. They
found that of the #*00,000 donated by Henry and St. Clair
counties, only about #275,000 hail been honestly spent. They
found that no vote to issue the bonds had ever been token aa
the law required. They employed the best legal talent then
available, among whom were Senator Vest and Judge John F.
Philips. The Supreme Court of the State decided the case
for the county, but upon appeal the United State* Court re­
versed the decision, and held that the holders of the bonds
being innocent purchasers were entitled to recover. Concern­
ing the charge that no vote had been taken, the Conrt held
that inasmuch as the people had paid the interest for several
year* without a protest the bonds were thus legalized "
*
*
*
*
*
*
“ The debt now amounts to over #1,098,Of0. The assessed
valuation of the county is #1.000,900. The bondholder* de
mand 75 per cent in new bonds, running twenty years and
bearing 5 per cent interest. Judge Philips some time since
offered the people to force the bondholders to accept 65 cents
if the county would vote that sum. The county met this
offer by offering dollar for dollar the face of the bonds w ith­
out interest. No agreement was reached.”
Seattle, Wash ,— S in k in g Fundi.—An ordinance w ill b* in­
troduced into the City Council to create a sinking fund for
the redemption of outstanding city warrants. The ordi­

993

nance provides for the setting aside of the delinquent tax
collections for 1892, 1893 and 1894 into this fund.
South Bend, Wash.—N e w s. —On November 11, 1897, the
Court dismissed two suits to compel the city to pay out­
standing special street-grade warrants. Both decisions were
based on technicalities, and it is now too late to renew the
suits, as six years (the term under the statute of limitations)
have elapsed'. The street warrants amounted to #33,COOand
it is thought possible they may be paid off at some future
date in the same manner'as the #24.000 general fund warrants
which, though illegal, are gradually being paid. The legal
indebtedness of the city is now reduced to #80,000 bonds.
Spring Valley, III.— R e c e iv e r Applied For.—A n application
has been made by Jno, Hues, a taxpayer, asking that a
receiver he appointed for the city. Mr. H ubs claims that the
city is insolvent and that its indebtedness is constantly in­
creasing. The case w ill be heard by Judge H. M. Trimble,
of the Bureau County Circuit Court.

Bond Proposals and Negotiations this
week have been as follows:
Alabama.—T e m p o r a r n I,nan, —According to press reports
the State has borrowed #108,000 at 4; for the payment of the
salaries of the State school teachers.
Allegheny County, Fa.—B o n d C a ll.— T h e Sinking Fund
Commissioners have’called for payment Jan. 1, 1898, at the
office of the County Comptroller, Pittsburg, the following
compromise bonds : Nos. 519, 520, 525, 528, 527, 528, 529, 580,
581, 582, 538, 534, 537, 588, 539, 540, 541, 542, 543, 045, 550, * 3 ,
553, 580 and 581. Bonds are d ated Jan. 1, 1888, and mature
Jan. 1, 1918.
Allegheny (P a.) Third IVuni School D istrict.—B o n d s
V o te d . —On November 2. 1897, the voters of this district
authorized the issuance of #172,000 bonds for erecting and
furnishing a new school building. Chas. P. Lang, Secretary,
informs ns that the board of directors has not yet decided as
to when the securities will be offered for sale, but that it w ill
not be before the spring of 1898; also that they will p r o b a b ly
he 44 20 to 80 year bonds.
Allen Con nty ( Kan.) School D istrict No. 78— B o n d S a le .
—The State Superintendent of Public Instruction has taken
for the school fund 8000 bonds of this district.
Ashland, V i ls .— B o n d N e w s .—W e have received the fol­
lowing from Mr. Finley Wharton, City Clerk, in reply to
our inquire regarding the $120,000 5% judgment funding
bonds: “ We have done nothing yet in relation to these
bonds. It w ill probably be January 1, 1898, before any
further action is taken.” As stated in the Chronicle Oct­
ober 23. 1897, only one bid was received for the bonds and
that one conditional, and the bonds therefore were not
awarded.
Ashtabula, Ohio.—B o n d Election.—A special election will
he held to vote on the question of issuing #40,000 schoolhouse bonds. The proposition was defeated at the election
held November 2, 1897, owing to the fact that the election
officials in one of the wards failed to keep a record of the re­
jected ballots, thus making it necessary to arrive at the re­
sult by indirect methods, which in this case happened to
wipe out the margin of votes in favor of the proposition.
Asotin County (W ash.) School D istrict No, 25.—Bonds
X o t S o l d .— W e are advised bv W. S. Rogers, County Treas­
urer. that the #4,500 l()-vear bonds were not sold November
2. 1897, the date on which bids were to be received. Mr.
Rogers says that they will try again to sell the bonds in
March or April of next vear.
Athens. N. \ . — B o n d ' S a le — O n October 28, 1897, this vil­
lage sold #20,100 bonds to the Hudson Savings Institution at
8?a per cent at par. One other bid was that of the Catskill
s -vines Bank for 4 :1bonds. Securities are issufed for the
erection of a new fire engine house. Interest is payablesemiannuallv at Treasurer’s office, and principal will mature one
bond for f><}0 on November 1, 2, 8, 4 and 5, of the years 1898
to 1902, inclusive.
Vtlanta, Ha .— B o n d A n n s.— Mr. J. H. Goldsworth writes
us that the Legislature has not yet passed the bill authoriz­
ing the issuance of #200,000 47 30-year bonds for the purpose
of extending water mains.
Baltimore. M i l - B o n d . S i l e .—According to press reports
the Finance Commissioners have completed the sale of #697,300 city stock due 1940 and 1945, bids for which were received
hist July but no award made. Securities were almost all
taken in Baltimore at from 105 to 105'25.
T e m p o ra r y L o a n .- The “ Brooklyn Eagle” on November 19,
1897, reported that Mayor Malster, of Bal timore, had bor­
rowed #300,000 from New York capitalists at 2 per cent,
which was 1 per cent lower than the local price. The money
was needed to meet bills that will he due before sufficient
money is received from taxes.
Bath County, K y —B o n d s D e f e a te d .— The issuance of
bonds for the purchase of tarn pikes was recently defeated.
B attle Creek. Mich.— Bond Awes.—W e reported last week
that the citizens of Battle Creek had voted to issue #50,000
water-works improvement bonds. We have since been
officially informed that the city will not issue bonds of any
distinction this year.
Bellcfontiune. Ohio .— B o n d s D e fea t ed.—At the election
held Nov. 2, 1897, the proposition toj issue #30,000 City Hall
bonds was defeated

«94

THE CHRONICLE.

.V ol LXV,

10 - y e a r
2 0 -yea r
Bethel (Town) Me.—Bond Offering —Proposals w ill be re­
Bonds.
Bonds.
ceived until 6 p. m. to-day by J. V. Purington, Treasurer, for Society for Savings, Cleveland................................................. lt»5*26
109*04
o n , L e a c h A C o., N e w Y o rk ........................................................105*14
108*90
$80,000 4;? bonds. Securities are in denominations of from PF aa rrks in
s - » n & B u r r , B o s to n .................................... ..............................105*13
10W18
$100 to $1,000, dated January 1, 1898. Interest will be pay B l a k e B ro s . & C o., N e w Y o rk ............................................................. 105*13
109*14
s & S o n s , B o s t o n ............................................................ 105*01
IO h-83
able January 1 and July 1 at the First National Bank, Port­ EE .s tHa b. rRo oo llin
k & C o ., B o s to n . ....................................................................104*90
108*76
land, Me. Principal matures $1,000 annually, beginning Jan D ie t* , D e n lB o n & P r io r , C l e v e la n d ................................................... 104*80
109*06
B lo d g e t,. M e r r i t t & C o., B o s t o n ....................................................... 104*77
108*36
nary 1, 1908, but-those bonds running more than 15 years are W . J . H a y e s & S o n s , C l e v e la n d ......................................................... 104*77
108*34
subject to call after January 1, 1913. A certified check for
For description of bonds see Chronicle October 23, 1897,
$200, “payable to the inhabitants of the town of Bethel,” p. 790.
must accompany bids.
Colorado.—Leadville Certificate Redem ption.— State Audi­
Bexar County, Texas—Bonds Approved.—On November tor Lowell has taken up $187,000 of the Leadville war certifi­
10, 1897, the Attorney-General approved for the second time cates which originally amounted to about $208,600.
the $240,000 refunding court house bonds. This action was Warrants are issued to the holders of the certificates and
made necessary on account of changing dates of the bonds.
cashed by State Treasurer Kephart.
Bloomfield, N. J.—Temporary Loan.—This township has
Colorado Springs, Col.—bond Sale.—The $100,000 4J£j( re­
issued from time to time sewer notes now aggregating $135,- funding and water works extension bonds offered by this
000. Notes bear
interest and are payable on demand. city on November 15, 1897, have been awarded to E. H. Rol­
Wm. L. Johnson, Clerk, writes us that the township will lins & Sons, Boston, at 101-95. Seventy five thousand dollars
issue bonds as soon as the sewerage system is completed, but of the above issue will mature November 1, 1912, optional
that it will probably be a year before it is ready to do so.
after 1907, and the balance will mature November 15, 1912,
Bollinger County, Mo.—Bonds Defeated.—At the election subject to call after November 1, 1902. For further particu­
held November 2, 1897, the question of issuing $8,000 bonds lars of the loan see Chronicle of November 6, 897.
for a jail was defeated by 170 votes.
Columbus, Ohio.—Bonds Proposed.—It is th ught that
Boyle County, Ky.—Bouds Voted.—The county has voted $24,00o bonds must be issued to settle the claims that the
bonds for the purchase and maintenance of pikes.
English heirs hold against the city for land purchased for
Brazos County, Texas.—Bonds Proposed.—On November sewage farm purposes. The Council has refused to make
18, 1897, an order was passed by the Commissioners’ Court at an appropriation for the payment of the claim, which is
Bryan providing for the issuance of $20,000 county jail almost two years old, and it has been suggested, according to
bonds. Denomination of securities will be $1,000 ; principal reports, that the Board of Public Works begin proceedings
will mature in 40 years from date of issue, and a sinking against the Council to compel them to issue bonds to meet
fund has been created for the payment of the same. It is the claim.
Dayton, Ohio.—Bond Redemption.—The Board of City
stated that the question of building the jail will be decided
in December, but that these preliminary steps were taken at Affairs on November 10, 1897, ordered $51,000 bonds to be
this time because an order for the issuance of bonds can only paid on December 1, 1897. The “Herald” of Dayton states
that $225,006 of the city’s debt has been paid this year, reduc­
be made at a regular term of the Court.
Brooklyn, N. Y.—Bonds Proposed.—The United States ing the debt to $3,300,000.
Supreme Court having last spring affirmed the award made
Bond Sale.—The sinking fund has taken at par the Xenia
by a commission appointed to condemn and appraise the value Avenue and the Brown Street paving bonds.
of the property of the Long Island Water Supply Company,
Denver, Col.—Bonds Proposed.—When the suit now pend­
which was placed at $570,5'0, the city will shortly issue ing in the District Court is decided, the Board of Public
$575,010 bonds for the purchase of the plant, &c.
Works will frame an ordinance providing for an issuance o f
Burlington, Yt.—Temporary Loan.—The city has nego­ $4,506,1 00 bonds to purchase or construct a new water plant.
tiated a short-time loan for $20,0 0 with a local bank.
Donaldsonville, La. — Loan Authorized. — The Town
Byron (T illage), 111.—Bond Election W ithdrawn.—We Council on November 11, 1897, passed a resolution author­
are advised by W. I. Caldwell, Clerk, that the order call­ izing the Mavor to sign all papers, agreements and contracts
ing for an election November 16, 1897, to vote upon the ques­ in connection with the loan of $16,000 to the town by the
tion of issuing $10,000 water-works bonds has been recalled. Bank of Donaldsonville. The money w ill be used for the
Mr. Caldwell says: “ This matter has been withdrawn and erection of an electric-light plant.
canceled.”
Dorranceton (P a .) School D istrict.—Bonds Defeated.—
Cambridge, Mass.—Bonds A uthorized.—On November 16, At the election held November 2, 1897, the question of issu­
1897, the Board of Aldermen authorized the issuance of ing $4,500 bonds was defeated. Mr. Samuel D. Paillips,
$9,500 bonds for the purchase of additional school land.
Chairman of the Board of Education, says that it w ill be a
BondlOffering.—Proposals will be received until 11 a . m. year before the question can again be raised.
November 20, 1897, by Wm. W. Dallinger, City Treasurer,
Douglas County, Neb.—Bond Offering.—In the Chronicle
for $2 i,i 00 Paving Loan bonds maturing October 1, 1907 ; last week, p. 942, we recorded the offering of $100,000 expo­
$11,000 Street Loan bonds, maturing November 1, 1907; sition bonds and $180,000 funding bonds, bids for which will
$20,060 Clay Land Loan bonds, maturing November 1. 1912 ; be received until December 1, 1897. We are now advised
$75,000 Water Loan bonds, maturing November 1, 1917, and that the interest on the funding bonds has been fixed at 4 ft,
$50,0(0 Charles River Improvement Loan bonds, maturing and that a certified check for $500 must accompany all bids
November 1, 1937. Each loan w ill be issued as far as possi­ except those by State governments.
ble in registered certificate-i of $10,000 each or any multiple
Bond News.—The county has received an offer for part of
thereof. Interest at 3
wi l l be payable semi-annually. A the $2s0 000
bonds, Bids for which w ill be received until
deposit of 1%of bonds bid for will be required of the success­ December 1, 18^7. The proposition is from the Educational
ful bidder.
Board, who offer to take $100,000 bonds at par for the perma­
Camden, N. J .—Bond Sale.—On November 1. 1897, th« nent school fund.
Finance and Street Committee of the Council awarded the
Dwight, 111. —Bond Correction.—W e are advised by L. A.
$200,( 00 4% street-improvement bonds to Aaron Ward and Naffziger, Cashier Bank of Dwight, that the reported author­
the Alcatraz Paving Co. at 109-0625, $33,545 being taken by ization of $7 ,00 1water-works bonds was incorrect.
the Alcatraz Paving Co. and the remainder by Aaron Ward
Eau Claire, Wis.—Sin kin g Fund Created.—On November
The above purchasers are the contractors awarded the wort 8, 1897, an ordinance was approved by the Mayor providing
of repairing the streets, and they have accepted the bonds for a sinking fund for the payment of the bonded indebted­
without questioning their legality. These securities were ness at maturity.
recently awarded to Farson, Leach & Co., New York, at
Edgerton, Wis.—W ater-W orks Purchased.—The city has
108 8125 and refused by them on the ground that the bondf assumed control of the water-works plant under the pur­
were illegally issued. See C h r o n i c l e October 30, 1897 p chase option iu the franchise granted W. H. Wheeler & Co.
836, and September 25, 1897, p. 5t>3.
of Detroit, who put in the works. The city takes charge of
Cass County, M idi.—Bond Election —The question of issu­ the plant, it is stated, subject to a bonded indebtedness of
ing $4",000 bonds for a new county building will be sub­ $28,50(1. Bonds bear interest at a low rate and mature before
mitted to a vote of the people.
1922, subject to call after 1909 Bonds are to be paid by
Chelsea, Mass.—B< nds Proposed.— The Finance Committee the monthly livdrant rentals fixed in the franchise.
of this city has under consideration a proposition to issue
Elk Point, S. D.—Bond Election.—An election will be held
$I26.i 00 bonds to pay the debt of 1897.
December 2, 1897, to vote on issuing $5,000 bonds for a system
Childress County, Texas.—Bonds Redeemed,— The county of water works.
redeemed $500 funding bonds on November 15, 1897
Elmwood Place, Ohio.—Bonds Authorized —On November
Chippewn County (I*. 0. Sault Ste. Marie), M ich— Tern 9, 1897, the Council passed an ordinance authorizing the issu­
porary Loan.— The county has authorized the Treasurer tc ance of the $15,000 water works bonds voted at the election
borrow $12,000 in anticipation of the collection of taxes. Mr, held November 2, 1897.
Wm. M. Snell, Clerk, says that the loan w ill probably bf
Emden, 111. Bonds Voted.—The voters of this municipal­
negotiated with local bankp, and w ill mature in from thret ity have authorized the issuance of $3,500 water-works bond3.
to four months.
Flint, Mich.—Pond Sale.—On November 1. 1897, the city
Cincinnati, Ohio.— Bonds Proposed.—-According to a re­ sold 4 paving notes of $1,305 each. Interest is
payable
port of the Board of Aldermen it is estimated that $1,500,100 semi-annually. Principal matures 1 note annually, begin­
water bonds will be issued in 1898.
ning November 1, 1894.
Cleveland, Ohio.—Bunds Authorized.—The Park Board on
F lushing, N. Y.—Bond Election.—An election will be held
November 10, 1897, adopted a resolution to sell the last $400,- December 6. 1897, for the purpose of voting on the question
000 of the bonds authorized by the Legislature.
of issuing $74.0 0 bonds, to macadamize streets.
Band Sale.— Un November 15, 1897, the $39,000 4* sewer
Fort Worth. Texas.—Bonds Proposed.—This city has
bonds maturing October 1, 1907, were awarded to the Society under consi erati >n a proposition to issue bonds for the con
for Savings, Cleveland, at 10&-26 and the $30,000 4<t sewer struction of a i es rvoir.
October 1, 1917, to the same institution at
Franklin County, Ohio.—Bond Offering.—Proposals w ill
108-04. Following are the bids:
1be received until 12 M. December 1, 1897, by W. H. Halliday,

N o v e m b e r 20. itd*7,j

THE ( -HRONK’LK.

995

County Auditor, for the $23/'00 6-; bridge emergency man Board of Trustees, for $41,503 5,4 gold bonds. These
notes which were not disposed of on November 4, 1897. securities are part of the $1,000,0)0 loan authorized in 1894,
Securities will mature, $3,14)0 December 1, 1898, and $5,000
each December 1 thereafter to 1902 inclusive. Interest will of which all but the above $4.,500 have been sold.
The official notice o f this bond offering will be found among
be payable semi-annually at County Treasurer’s office. A
certified check for 5$ of the amount of notes must accompany the advertisements elsewhere in this Department.
each bid.
Jamaica (N. Y.) Union Free School D istrict No. 6 .—Bond
Franklin County (Kan.) School District No. 54.—Bond
Sale —The School Fund Commissioners have taken $700 Sale —Thisdistrict has sold $13,000 5,4 gold bonds to Wilson &
Stephens,
New York, at 108-20. Securities mature $l,0i)0 an­
bonds of this district.
Freeport, 111.—Band Sale.—The $4 500
ten-year re nually, commencing December 1. 1917.
Jefferson County (P. 0 . Boulder). Mont.—Bond C all—
funding sewer rends of this city, which werelaot disposed of
on September 30. 1897, were sold on November 1, 1»97, to the On November 10, 1897, the Board of County Commissioners
called for payment at the Connty Treasurer's office bonds
German Bank of Freeport.
Bond Correction.—Geo. H. Tandy, City Clerk, informs ns Nos. 1 to 50, inclusive, of $500 each. Securities were issued
1*88 and 1884, and interest will cease 30 days after date of
that the report that $20,000 bonds had been authorized for in
the credit n of an electric-light plant is incorrect, a* the City publication,
Jefferson County, Texas .—Bonds Defeated.—At a meeting
Council has not taken any action in the matter.
Gallatin, Mo,—Botws Authorized.—'TheCoxmcil has passed of the Board of Commissioners held November 12, 1897, the
an ord nance authorizing the issuance of ihe $25 000 water­ issuance of $8,0 >‘>bridge bonds was defeated.
Jersey City, N. J .—Bond Sa'e .—On November 17.1897, the
works an i electric-light plant bonds recently voted. Bonds, $100,<
00 -it gold school bonds were awarded to E, H. Rollins
when issued, will be in denominations of not less than $100
nor more than $1,000 each, and will mature 20 year* from & Sons, Boston, at 104-22. Following are the bids:
B. H . R o liln * * S o n s , B o k t o n . . 104-22 ! F a r a o n . L e a c h * C o., N e w Y o ri.H i2 -.i5
date of issue, subject to call after 5 years. Interest will be H.*pW
n> F i s c s Saving* B u n k ,
S e a s o n g o o d A M a je r .O in e l m w U O t S S O
*t 54, payable semi-annually.
B a ltim o r e ...
....
.......... liM -04
! B lo d g e t, M e r r i t t A C o „ B o s t o n . 102-28
o r k .................ie.1'701
K, I ) . S h e p a r d A C o ., N e w Y o r k . 102-23
Galveston. Tex.—Bond Call.—As stated in the Chronicle EB.laC.ir SAtaCnow,.o So de wX YCo..
B o s t o n . . 103-70
R. S m ith . N e w Y o r k . . . . 102-25
last week, E. McCarthy Treasurer. his called for pay­ B la k e B r r u . 4 C o.. N e w Y o r k . . 103-58 | OWw. eEn. ()»!>'
A Co. ( f o r ( 5 0 .0 0 0 ). .102-06
n s , C I s T e la n d - V 'S 'lJ # i O w e n Maly A C o., ( f o r 350 ,0 0 0 .. 101 -63
ment December 1, 1887, $75,7 0 4" year limited debt bonds. NW.. WJ .. HHa.rrer*l ,k* SCo o..
N e w T o r k 1 0 3 5 ( 1 ! I E d w . C. J o n e s A C o . N e w V ork ,1 0 1 -0 8 3
We are now informed that the bonds are da<ed September 1, A d a m * a C o., B o s t o n ..................1 0 S 1 5 S | R o b e r t T a y l o r A 0 o „ B a ltl m o r e .1 0 1 0 2
1881, and bear the following numbers, ah inclusive: Noe. 1 to B e n w a ll * E v e r l u . N e w Y o rk .1 0 2 8 5 8 !
Bonds mature A u g u st 2, 1927, For farther particulars see
12, 14 to 18, 19, 19, 22 to 31, 33 to 41. 43, 46 to 49, 51 to 55, 57
to 81, 70 to 79, 81 to 88, 91 to 04, 97, 99 to 102, 531 to 575, 577 Chronicle N ovem ber 0, 1897, p. 890.
J e w e tt, Leon C o u n ty , T e x a s.—Bonds Voted.—A t th e elec­
to 589, 591, 592, 594, 598 to 802. Payments will be made at
tio n held N ovem ber 5, 1*97, th e issu an ce of bonds for a new
the City Treasurer's office.
Bowl* Proponed,—On November 1, 1897, the City Council echool b u ild in g w as au th o riz e d by a vote of 61 to 3.
K e rr C ounty, T e x .— Bond Issue.—T he $18,000 54 30-year
passed a resolution directing the Ordinance Committee and
the City Attorney to prepare an ordinance providing for the re fu n d in g bonds, m ention of w h ich w as m ade in the
issuance of $300.0 0 sewer bonds. The ordinance will bo con­ C h r o n i c l e N ovem ber 6, 1897, a re now in th e h a n d s of th e
A tto rn ey -G en eral fo r approval. W e a re in fo rm ed by Chas.
sidered at the first meeting of the Council in December.
Grafton, N, I t . - B o n d C o r r e c tio n .— The $30,000 64 refund­ S ch rein er, C o nnty T re a su re r, th a t $13,030 of th is a m o u n t
ing bonds were awarded to local hanker* at par on Novem­ w ill be tak e n by th e co u n ty itse lf fo r th e p erm an en t school
ber 8, 1897, and not on October 23, lt-97 (the original date fu n d and th a t th e rem ain in g $6,000 w ill be offered for sale,
K ln m u n d y , 111.—B u n d s C oded —T h is city h a s v oted to
of sate). Bonds **re dated November 15, 1897. Principal
matures 10 year* from date of issue. Interest payable semi­ issue $2,500 w ater-w orks bonds, b u t th e leg ality of th e v o te
annually at the office of the City Treasury Bids were also has been questioned.
L ake C ounty, I n d .— B o tu i S a l e .—O n N ov em b er 15, 1897,
received from Farson, Leach Sc Co., Chicago and 8. A.
Kean, Chicago, but were not considered, as they did not, it $42,9-85* C alu m et g rav el road bonds w ere a w ard ed to th e
F ir s t N ational B ank of C row n P o in t a t par. B onds a re d ated
is claimed, comply with the conditions.
Goldsboro, N. (’.—/? nd.t Defeat? i .~ At the election held Nov, 10, 1897, an d m a tu re $4,298 80 y early .
L a n c a ste r, O hio.—Bon U R e d e e m e d .— C ity C lerk H . T.
in this city on Neveur er 8, 1887. the proposition to issue
M echling h ,s redeem ed $89 ) street-im p ro v em en t bon d s.
$23 900 sewer bonds was defeated.
L ew isto n . Me.— T e m p -r a r y l o a n , —On O ctober 27, 1897,
Grove City, Pa.—Bond Election Illegal.—W e are advised
by J. R. Van Orgdell, Clerk, tha' an error of ten days in the th e city n eg o tiated a six-m onths loan o f $60,000 w ith R ogers,
abKoation of the ordinance authorizing the issuance of N ew m an & T olm au, B oston, a t 3-154. A bid of 3-194 w as r e ­
15,0 0 water works bonds makes the election recently held ceived from Bond & G oodw in. T h e loan w as floated in a n ­
ticip atio n of th e collection of taxes.
to vote the bond# illegal.
L inn C o u n ty , Iow a.— Bonds Redeemed.—On N o v em b er 2,
Hagerstown, .Vd.—Bond Sale.—On November 9, 1897,
$2,200 4t paving bond* were awarded to Samuel B. Loose, 1*97, th e county redeem ed $*.00 • bonds. P ress re p o rts sta te
Hagerstown, at 1<5 82. Interest will be parable January th a t th e connty is now free from bonded d e b t
L o c k lsn d (V illa g e ) O h io .— B o n d s A u t h o r i z e d .—On N ov.
and July, and the principal will mature one bond of $200 an
9, 1897, th e C ouncil passed a n o rd in an ce a u th o riz in g th e
Dually, beginning July i, 1901,
Maziehnrst, .Hi*#.—.Vo Election.—We are advised by Hon. issue of $ 48 01 (!< street im p ro v em en t bonds. S ecurities w ill
J. M Norman, Mayor, that the election called for November be dated Dec, 1, 1897, a n d w ill m a tu re 1-10 a n n u a lly fro m
4
9, 1897 to vote on the question of issuing water bonds was F eb. I, 1898. In te re s t payable annually.
L ong Is la n d C ity. N. Y.— Bond N e w s .— I n rep ly to o u r
not held. Mr. Norman says that the order for the election
wm repealed by the Town Council, but that the question in q u iry re g a rd in g th e sta te m e n t in th e ‘‘B rooklyn E ag le”
(w hich we published la s t w eek) th a t th e C ouncil of th is city ,
will be taken up again at some future time
Hempstead (N. V.) School District No. 14.—Bid Be in obedience to a m an d am u s issued by J u s tic e G ay n o r tw o
jccteit.- All bids were rejected on November 19, 1827, for m onths ago, ord ered th e issuance o f $30,000 bonds a t 34, C ity
$’0,500 f i bonds, maturing $525 annually. Bonds will be re- T re a su re r L ncieu K napp sta te s th a t th e C ouncil has increased
advertised.
th e in te re st ra te to 44.
Los A ngeles. C al.— Bond Election.—A n election w ill he
Holyoke, Has*.—Loan Authorized ,—The Treasurer was
authorized by the Board of Aldermen on November 17. 1897, held Dec. 7, 1897, to v o te on th e proposition to issue $389,000
school
bonds and $150,1-00 fire bonds.
to borrow $HO,i>O0 for one year in anticipation of the collec­
L ynn, M ass .— B tm ti S afe.—T he city has aw ard ed th e $56,000
tion of taxes. The Board has also under consideration a loan
H 10-year reg istered bonds to E. H , R ollins & Son*, Boston,
of $10,000 for a police signal system.
Houston. Texas.—Bono* Proposed.—An ordinance has a t 104-236. F ollow ing a re th e bids:
been intmdnced into the City Council providing for the issu­ K, H . R o il' 11 * A Bone, B a a t» n ....lO * - * 3 0 | R . U D a y A C o,. B o s t o n ..... 104-087
B itto O ro o , * Civ, B m u b i .............1 0 P U . M. O S o m w o o tl A C o .. B o s t o n ,,. 103-25
ance of $50, 00 84 P ’-year bonds for the purpose of paving Adam*
A C o.. B o s to n ...................103*15* I B la k e B ro s. A Co.. N e w V -o
o rkrk . . 108-SI
•tree!# and constructing se wers
.. B oa sr to n . 103-04
103*114 1 N . W . H a r r i s A Co..
N e w Y‘ o r k .. 103- 68
a- -i o d■g e t , M e r r it t A C oo.,
(.
Bond Election.—According to press reports an election will
MadisonTille, Ky.—Bonds Defeated.—At the election held
be held to vote on a proposition to issue $100,000 electric- November
2, 1897, the question of issuing $21,01,0 5% water­
light plant bond#.
bonds was defeated.
Huntington, N, Y.—Bonds Proposed.—A petition will be works
Mansfield, Ohio.—B nd Neics.— We are advised that the
resented to the Town Board asking that a speciat election principal
and interest of the $8,000 8% debt extension bonds
* called for the purpose of voting on the proposition to bor­ will be payable
office of the City Treasurer. Bids for
row $3,000 for the construction of a road and bridges at C«n- these bonds willatbethe
received until 2 P. M. December 1, 1897.
terport,
of the offering will be found in the Chronicle
Iowa.—Warrants Being Paid —Press reports state that the Particulars
week, p, 943.
Treasurer is gradually paying off the outstanding State war­ last
Mnreelfne, Mo.—Bond Election Postponed.—The election
rants. Up to a recent date $379,348 64 warrants have been which
was to have taken place in this city on November 1,
paid.
1897, to vote on issuing bonds for water works, to cost not
1ronton, Ohio.—Bond Election.—An election will be held more
than $18.00 , was postponed for five weeks.
December 18. 1807. to vote on the question of issuing $20,0'’0
Marlon County, Ind. —Bonds Proposed.—The connty
bonds for a municipal electric light plant, to be operated in officials
propose to refund the $200,000 64 bonds maturing
conjunction with the city water works.
1, DOS.
.lack«on Counts (Kan.) School District No. 53. —Bond January
Marlboro, Mass.—Bond Sale,—This city has sold $10 000
Sate.—B'>nd< of this district to the amount of $1,000 have
water bonds to the Sinking Fund Commissioners. S-scurities
been taken for the school fund,
are issued to pay Lake Williams land damage claims.
Jacksonville, Fla .—Bond Offering.— Proposal* will be re­
Medford, Mass.—Bond Sale.—Following are the bids re­
1

f

S

ceived n a i l 3 P. *. December 7, 1897, by B. T. Dilloa, Chair

ceived for the $16,000 44 water bonds.

As reported in the

99H

THE CHRONICLE.

fV O L . LAV.

Chronicle la st w eek, bonds w ere a w ard ed to B lodget, M er­ stre e ts and $900,000 to abolish g rad e crossings.
r i tt & Co., Boston, a t 108-68.
E s t a b r o o k & C o ., B o s t o n ............. 108*391
B lo d ifo t. M e r r it t A C o.. B o s t o n . 108*68
A d a m s A C o.. B o s to n ..................... 108*677 I t. L . D a y A C o.. B o s t o n ............... IOH'286
E . H . R o llin s & S o n s . B o s to n ... .108*271
M td f o r d S in k in g F u n d C o m T a .108*51
P a r k i n s o n & B u r r , B o s t o n ......... 108*200
K . C S t a n w o o d A C o.. B o s to n . . .108*50
N . w . H a r r is A C o.. N ow Y o rk . .108*486

T hese loans
a re p a r t of th e $12,200,000 bonds passed upon b y th e v o te rs
N o v em b er 2, 1897.
P o rts m o u th , N. H.— B o n d N e w s .— W e a re officially in ­
form ed th a t th is city w ill n o t issue a te m p o ra ry loan, as h a s
been rep o rte d , b u t th a t m oney fo r c u rre n t u se in a n tic ip a ­
tio n of th e collection of taxes is o b tain ed on sh o rt tim e
n o tes from th e N ew H am p sh ire N a tio n a l B a n k a t a re g u lar
ra te m ade b y y early co n tra c t.
P o tta w a tta m ie C ounty, Io w a .— B onds D e f e a t e d .— T he
p ro p c si'io n to issue $25,0 j 0 bonds w ith w h ic h to p u rch ase a
co u n ty poor fa rm w as defeated a t th e electio n held N o v em ­
b e r 2, 1897.
Q ueens C ounty, N. Y. — B o n d S a l e .—On N ov em b er 18,1897,
th e $935,000 4% ro a d bonds w ere a w a rd e d as follow s: $490,000,
Series “ BB”, to th e N ew Y o rk L ife In su ra n c e Co., a t 108 77 ;
$120,000, Series “ Y ”, to th e sam e com pany, a t 108-55; $325,(00, Series “ CC” , to F arso n , L each & Co., N ew Y o rk , a t
108-61. F o llo w in g are th e bids:

Bonds a re dated M ay 1, 1897, an d m a tu re M ay 1, 1923.
In terest payable May 1 an d N ovem ber 1 a t th e H o w ard N a­
tional B ank, Boston.
M ilw aukee. W is .— B o n d N e w s .—P ress rep o rts sta te th a t an
ordinance w ill be in tro d u ced in to th e C om m on Council for
the purpose of rescinding th e a c tio n of C ouncil in voting to
issue $120,000 bonds for a g arb ag e p lan t. The ordinance
w ill be referred to a com m ittee, w h ich w ill n o t re p o rt on th e
question u n til a fte r th e Suprem e C o u rt gives its opinion in
the in ju n ctio n su it b ro u g h t to p re v e n t th e issuance of th e
bonds.
M ondam in, Io w a .— B o n d O ffe r in g . —P ro p o sals w ill be r e ­
ceived u n til M arch 20, 1898, by E. F . O gden, Tow n T reas­
u re r, for $5,000 (i% school-house bonds. S ecurities w ill be
1 S e rie s “ CC ’’ S e rie s “ T . ”
S eries
dated A pril 1, 1898, and w ill m a tu re $100 each year. In te re st N e w Y o rk L i f e I n s u r a n c e C o ..........
108*56
108*56
108*61
108*525
w ill be payable an n u ally
A pril 1 a t M ondam in Savings FWa .r sJo. nH, aLyee*sc,Ah AS oCn so.,, CNleewv e lYa on rdk.....
108*530
W
a
l
l
e
r
S
t
a
n
to
n
A
Co.,
N
e
w
Y
o
rk
..
.
.
.
.
103*47
103*17
108*47
Bank.
107*87
107*87
N e w Y o r k ..............
M onroe C ounty, O hio .— B o n d s D e fe a te d ,—A t th e election RS ta, Ls d. nDgaoyo dA AC o..
107*653
M a v e r , C in c in n a t i .
held N ovem ber 2, 1897, th e question of issuing bonds fo r the lb. i>. S h e p a r d & C o , N e w Y o r k ...
107*50
1 >6*81
N e w Y o r k . .. .,
107*21
erection of a new Infirm ary w as defeated by a vote of 2,068 NB .e nWw. eHll aAr r Ei svAe rCi to.,
105«C8
107*17
t. N ew Y o rk ...
G e o . M . H a h n . N e w Y o r k ............ ,
......
106*06
to 1,837.
N eedham , M ass .— B o n d S a le . —T ' , city has aw arded 'h e
S
ecurities
are
k
n
o
w
n
as
follow
s:
$190,000
ro
ad
bon
d s,
$28,000
hieh-school bonds to th e S tate sinking fu n d on a
Series “ BB", $325/ 00 ro a d bonds, Series “ CC” , an d $120,000
basis. Follow ing are th e o th e r b ids received:
ro ad bonds, Series “ Y .” Bonds are in den o m in atio n s of $1,000,
P a r k in s o n & B u r r ........................... 103*773 [ E s t a b r o o k & C o ...... ..........................103*250
In ­
R . L . D a y A C o...................................103*59*
A d a m s A C o ........................................ 103*226 d ated D ecem ber 1, 1897, a n d m a tu re D ecem ber 1, 19>7.
B lo d g e t, M e r r it t A C o ....................103*446 | B l a k e B ro s . A C o ............................... 103*15
te re s t w ill be p ayable J u n e 1 an d D ecem ber 1 a t th e office of
Bonds m a tu re $1,500 in fro m 1 to 18 years an d $1,000 in 19 th e C ounty T reasu rer.
R a c in e , W is.— B o n d s P ro p o se d — The B >ard of E d u c a tio n
years from d ate of issue.
New M ilford, C onn .— T e m p o r a r y L o a n .—This tow n has has u n d e r consideration th e questio n of issu in g $50,000 b o nds
negotiated a loan of $20,000 w ith a local savings bank. fo r new schools. I t is sta te d th a t th e m oney now p a id o u t in
re n ta ls w ould n early p ay th e in te re st on th e bonds.
The note is payable on dem and.
R e d w illo w C » n n ty , N e b .—B o n d S a l e .— T h e $10,000 bon d s,
N ew p o rt. Ky .— l e m p o r a r y L o a n .—A t th e m eeting of th e
B oard of Council held N ovem ber 11,1897, th e A u d ito r w as issued fo r th e purpose of build in g a c o u rt house have been
authorized to borrow 84,500 fo r th e p ay m en t of su n d rv claim s. sold a t par.
R ic h m o n d , Y a . — B o n d s D e f e a t e d . —On N o v em b er 12, 1897,
N ew tow n School D is tr ic t No. 10, W oodside, N. X .— B o n d
S a le .—On N ovem ber 15, 1897, $35,000
gold bonds w ere th e Com m on C ouncil refused to c o n cu r w ith th e B o ard of
aw arded to B ertron & S to rrs, N ew Y ork, a t 105-20. F ollow ­ A lderm en in au th o riz in g th e issuance of th e $25,000 sew er
in g are th e bids:
bonds.
R om e (N . Y.) U n io n F re e S chool D is t r ic t No. 1.— B o n d
B e r tr o n A S t o r r s . N e w Y o r k .........105*20 I R u d o lp h K le y b o lte A Co.. N . Y . .103*05
T h e L a m p r e c h t B ro s . C o., C le v e 1 C. H . W h it e A Co.. N e w Y o r k . . . 102*50
E le c t io n .— A special election w ill be h eld in th is d is tric t on
l a u d ............................
..........104*50 | K a rs o n . L e a c h A Co.. N ew Y ork.100'441
N ovem ber 30, 1897, to d eterm in e th e q u estio n of is su in g
W ils o n A S te p h e n s , N e w Y o rk — 104*39 | W . J . l l a y e s A S o n s , C le v e la n d . .100*33
$65,000 bonds fo r th e erectio n of a n ew h ig h school o r ac a d e m y
Bonds m a tu re $1,750 an n u a lly fro m 1908 to 1927.
N o rb o rn e, Mo.—Bond E le c tio n .— A n election w ill be held b u ild in g . T he election is held p u rs u a n t to p ro p o sitio n of
in N orborne on N ovem ber 30, 1897, to vote on issuing $10,000 B o ard of E d u catio n , and also T itle 4 Section 13, a n d T itle 10,
Section 4 of C ity C h arter, as am ended b y Section 1, C h a p te r
w ater-w orks bonds.
N o rth A dam s, M ass.—IVofe I s s u e .—T h is city has issued 39 *, L aw s of 189».
S t. B e r n a r d (V illa g e ), O hio.— B o n d O ffe r in g .— P ro p o sals
?45,000 “ P erm an en t Im p ro v em en t L o an ” notes to th e
T reasu rer and R tceiver-G en eral of th e C om m onw ealth a t w ill be received u n til 12 m . D ecem ber 16, 1897, by J o h n G.
314 % interest. Iu te re st is pay ab le A p ril 1 a n d O ctober 1 a t O verm an, C lerk, fo r $1,953 80 6# stre et-im p ro v em en t bonds.
office of S tate T reasu re r in B oston, an d th e principal w ill S ecurities a re issued p u rsu a n t w ith Section 2704 of th e R e­
vised S ta tu te s of Ohio an d au th o riz e d by o rd in an ce passed
m atu re one-fifth annually .
N o rth T o n aw an d a, N. Y.—D e b t L i m i t E x c e e d e d .—P ress N ovem ber 4, 1897. T he a m o u n t m a y b e red u ced by p ay m en ts
dispatches in tim a te th a t th e d e b t lim it of N o rth T onaw anda m ade p rio r to th e issu an ce of th e bonds. T hey w ill be d ated
has been exceeded by $66,199 65. A ccordingly, it is claim ed, D ecem ber 15, 1897, an d m a tu re 1-10 a n n u ally . In te re st w ill b e
the $10,000 m ark et bonds sold O ctober 9 are illegal, and also pay ab le an n u ally , b o th p rin cip al a n d in te re st b ein g payable
th e $125,000 w ater bonds issued la st fall, in asm u ch as th e y a t th e G erm an N atio n a l B ank of C in cin n ati. A certified
exceeded in th e ag g reg a te th e am o u n t of th e indebtedness check for 5% of th e am o u n t of th e b o nds bids , fo r, p ay ab le to
th en possible to be in c u rre d . Special legislatio n to legalize th e V illag e C lerk, m u s t accom pany each bid.
th e issue is being ta lk e d of.
S t. C loud, M in n .—B o n d s P r o p o s e d . —P ress re p o rts s ta te
N orw ich, C onn . — B o n d S >le.—P ress re p o rts sta te th a t th e th a t th e F in a n c e C om m ittee has a b o u t decid ed to borrow
city has arran g ed to re fu n d th e $15 >,000 6£ w ater bonds $ 9 / 00 fro m th e S tate fo r th e purpose of re fu n d in g th e bonds
an d is
m a tu rin g Ja n u a ry 1, 1898. T h e new bonds have been tak en th a t m a tu re J a n u a ry 1. 1898. T he loan w ill be a t
locally a t par.
m ade in accordance w ith th e law of 1897, allo w in g c ities to
O rto iiT ille, O hio .— B o n d S a l °.—F o llo w in g are th e bids b o rro w from th e S tate, pro v id ed th e ir bonded d eb t is w ith in
received O ctober 30, 1897, for th e $15,000 5% w ater bonds, 1% of th e assessed v alu atio n a n d th a t th e re fu n d in g bonds a re
aw arded, as stated in th e C hron icle N ovem ber 6, 1897 to v oted b y th e people.
th e M erchants’ N ational B ank, Sc. P a u l, a t 107:
S t. Jo se p h ( l lo .) S chool D is tr ic t.— B o n d E le c t io n . —H a rry
H . S m ith, S ecretary, w rites us th a t th e B oard of E d u c a tio n
M e r c h a n ts ’ N a t. B k., S t. P a u l .f f 6,050 00 I N a t . F a r m e r s ’ B k ., O w a to n n a .? 1 5 0 5 0 c
i-a r s o n , L e a c h A C o .,C h ic a g o . 15.352 50 G e o . D. C«>ak A C o., C h ic a g o .. 15’.025 <
w ill no d o u b t su b m it th e questio n of re fu n d in g $195,500 of
£,• McKay, C h ic a g o ..................... i5 .¥ 6 0 00 | D u k e M . P a r s o n , C h ic a g o ........ 15,015 (
o u tsta n d in g 5 % p er c e n t bonds a t a lo w er ra te of in te re st to
L e w is A Co.. C h ic a g o . 15,15*< 07 | .1. C . N o r t o n . S t. P a u l ............... 15 000 c
m,, ?«rW,*.C r? gL3'P ^ n ^ B
1 5 ,1 5 3 * 0 S. A . K e a n . C h ic a g o , u n d e r p a r - n c
th e v o ters a t th e sp rin g election.
K. W . P o e t A Sons, S t. Paul . 15,080 0 0 ! c o n s id e r e d .
S t. P a u l, M in n .—L o a n A u t h o r i z e d . —A t a m eeting of th e
O shkosh School D is tric t, F essen d en , N. D .— B o n d S » le .~
B oard of E d u catio n h eld N ovem ber 8, ls97, a loan ot $15,000
On O ctober 20, 1897, th e S tate school fu n d b o u g h t $6,000 5
pay ab le D ecem ber 1, >897, w as au th o rized .
2<>-year bonds a t par. B oth p rincipal and in te re st are pay
S alem (S. D .) I n d e p e n d e n t S chool D is tr ic t. — B o n d s
able at B ism arck, N. D. No o th e r bids w ere received for th
V o te d .— By a v ote of 75 to 2: th e d is tric t rece n tly a u th o rized
securities, as th ey w ere n o t advertised.
th e issuance of bonds.
I’a ln tk n , F la .— B o n d E le c tio n —A n election w ill b e h e ld i
S a lin e v ille (V illa g e ) O hio.—Bond! O ffe r in g . —P ro p o sals
this tow n n ex t m o n th to decide th e question of issuing $100, w ill be received u n til i 2 M . D ecem ber 13. 1897, by Ja m e s H .
000 bonds fo r th e purch ase of w a te r w orks and constructioi
D odds, C lerk, fo r $2.8 0 6 p e r cen t fu n d in g bonds. S ecuri­
of a sew erage system .
ties are issued p u rs u a n t w ith Section 27' 1 of th e R evised
P a ris , T ex as.—B o n d S a l e — A t a m eetin g of th e C ity Coun S ta tu fes of Ohio and au th o riz e d by ordinance. T hey a re in
cil held N ovem ber 9, 1897, th e offer of J . B. O ldham c denom inations of $100, dated D ecem ber 1. 1897, w ith in te re st
D allas to tak e th e $10,000 fu n d in g bonds a t p a r w as ac payable an n u ally . P rin c ip a l m a tu re s $509 y early , fro m De­
cep ted. U n d er the ag reem en t th e p u rc h a se r w ill fu rn ish th
cem ber 1, 1899 to 1903. and $300 D -cem b er 1, i9 4. A certified
lith o g rap h ed bonds.
check fo r $100, p yable to th e village, m u s t accom pany bids.
P e ru , I ml.—B o n d O f f e r i n g . - Proposals w ill be receive
S c h en ectad y , N. ¥ .— T e m p o r a r y L o r n .—T his city has nego­
? ntlJ 'i L M- N ovem ber 23, 1897, by D avid Irw in , City C lerl
tia te d w ith a local b a n k a loan of $19/ 00, a u th o rized to
fo r $15,000 school bonds. In te re st w ill be p ayable in Perc
d efray c u rre n t expenses.
and th e principal w ill m a tu re 15 y ears fro m d ate of issiu
B o n d s P r o p o s e d . —Th9 L eg isla tu re w ill p ro b a b ly be p e ti­
Uonds w ill be sold a t n o t less th a n par, a t th e low est ra te t
tioned to au th o riz e th e city to issue bonds or im p ro v em en t
in terest offered.
notes in th e spring.
P h ila d e lp h ia , P a — B o n d s P roposed.— B ills w ere intrc
S h e lb y T o w n sh ip , Je ffe rs o n C ounty, O hio.— B o n d S a l e .—
flnced in th e Common Council N ovem ber 18, 1897, providin
On N ovem ber 15, 1897, $8,140 5 / ro ad bonds w ere a w ard ed to
fo r th e issuance of $ 1 /0 ’.0 0 bonds fo r th e rep av in g of sma' th e M adison In su ra n c e Co. a t 102 22. F ollo w in g a re th e b id s t

THE CHRONICLE

XOVEMBEB 20, 1897, J

M adison Insurance Co.. 51adls*nlo2 22
X. W . H arris & Co., N ew Y o rk .100*00
Vf . M. M-.tfe**. M-i L- ■;............ '
i ir-t N ational Hank » M ,,, rtn
S e u W K O o a & M o v e r, C ta
. . . 1 01*04i N a t l B r a n c h B a n k { * * UB®n -10U W
P e o p l e 's S a v . B a n k .G r . JU tpfds..ioO *43 l S . A . K e a n , C h ic a g o ...................1 0 0 * 0 0

997

Bond Sale.—The sinking fund trustees have taken the
$13,955 97 bonds recently attfhorized for street and sewer im­
provements. Bonds bear interest at 5,4, payable semi-annu­
ally. Principal matures 1-5 annually from 1898 to 1902
inclusive
Tulare County (Cal.) Kaweak School District. —Bond
Offerer,o —B. A, May, County Treasurer, will receive bids
for the $t,50o bonds voted by the district on October 23,1897.
Bonds are in denominations of >300, dated January 1, 1898.
Principal matures $860 yearly, beginning January 1, 1904.
Ware, Mass.—Bond Sale —1The $10,400 4%' bonds were
awarded to Jose, Parker & Co., Boston, at 100-875. Follow­
ing are the bids:

Bonds are in denominations of $814. dated November
15, 1897. Interest will be parable annually at tbe
County Treasurer’s office. Prim ipal matures $814 an­
nually.
Shenandoah, Pa.—Bond Coll.—This city ha« drawn for
payment SO -1 bonds of denomination of $100 each. They are
Nos. 12. 27. 33. : 9, 44, 50, 55. 71. 73, 8!. 103. 104. 109. 114. 120,
122. 125, ’35, 138. 1*0, 154, 155. 154. 160, 182, 164, ’80, 1*2,200,
203, S23. 233. 239, 249. 252, 255, 258, 258. 263, 265.270, 273, 274.
280, 284, 285, 286. 287, 287 299. Secnrit'es are water bonds
of the issue of D9J. doe 1922, subject to call at auv time, and
P a rk er Sc
B o s to n .........100-875 I Estnbroofe & Co., B o s t o n .............100'SO
Mi-rrit* v*' .. Boston..lOO’TS R. L. Uav &Co.. Boston.........100-887
they were held by residents of town or vicinity. T. J Davis. Blodeet.
Treasurer, informs ns that this reduces the water debt to Blake Bros. &Ci„ Now York... Hk>-?0 ! N. W. Harris ACo.. New York.,103-19
Ons-j tear
S ix -y e a r
F our-year
f 14 V i 0.
,
_
Iron,is.
(winds
bonds.
101-331
100-78S
Spokane, Wash.—Bond * Voted.— At the election held No P a r k in s o n k B u r r B o s t o n .. ....................... ...1 > 0 -5 S 3
101-076
100-72
vember 6. 1897, the proposition to issue ISAOOO bonds for the A d am .- i Co.. B o s t o n ........... ...............................H H S
Bonds mature $3 40 i in one year, $3,000 in six years and
construction o? school houses was authorized by a vote of
1,183 to 248.
$4,01 0 in four years. Interest payable s-ini annually,
Warrant Call.—City Treasurer McCrea has called for pay­
Webster City, Iowa.—B< ml sale.—-In the Chronicle Oct,
ment November 19. 1897, the following warrants : Street and SO. 1897, w- stated tbaf $15.m 0 bonds were sold to the JBtaa
bridge fond No. 16,615, fire department fnmi No. 12,3*3, Life Insurance Co. of Hartford. We are now advised that
street light fund No. 8,103 a d public building fund No. these were ~>i refunding bonds, maturing Nov. 1,1912. In­
7,438.
terest will be payable in New York City.
Springfield fCH») Ohio.—Bond Offering.—'Proposals will
West Hoboken, X. J.-y-Temporary/ Loan —The City Treas­
be received until 7:30 v. *. December 7,1897, by Samuel .J. urer has negotiated a an of $8,000. This is part of the
Wiikerson, Clerk, for $5,000 54 bridge bonds. Securities are $10,' 00 loan authorized by Council in anticipation of the col­
issued pursuant with au Act of the General Assembly passed lection of taies and will bear interest at 5jf, principal payable
April 23, 1891, and authorized by an ordinance passed Oct­ on demand. Mr. Frederick A. Schwartz, Treasurer, advises
ober J9, 1897. Bonds are in denominations of $1,0 0, dated ns that the note will be paid inside of 30 days.
December 1, 1897. Interest will be payable March 1 and
West Union, W, Ya.—Bond Issue EyoineA .—The Town
September 1. Principal matures *3,006 March l, 1008, and Council has been temporarily enjoined from issuing the
$3,409 September 1, 1903. Both principal and interest will $6,000 10-25 year water works bonds. Bids for these bonds
be parable at tbe office of the City Treasurer, or at the Im­ were to be received until November 12, 1897,
porters* & Traders'National Bunk, New York City, at the
Wharton (Brazoria County) Texas.—Bonds Defeated —
option of tbe holder.
At tbe election held Novemb'er 12, 1897, the proposition to
Toledo, Ohio. —-Bond* AulTwrixfd.—Tbe Sinking Fund i issue bonds for the erection of school buildings was defeated.
Woodford County, Ky.—Bonds Defeated.—On November
Trustees on November 10, 1*07, passed a resolution authoriz­
ing the refunding of $U, .>04 5: bond* issued in 1883, with a 2, 1897, the citizens voted against the issuance of $50,000
! turnpike bonds.
like amounts of 4 per cents.

NEW LOANS,

N E W

ST. PAUL, MINN.

TOWN of WEST HOBOKEN,
Hudson County, N. J,,
4 1:% REDEMPTION

BONDS.

§« * l# d p-ropcwit* w in tM f*8c;«i‘r « ! tty %Xm T*‘*wu
43frafltii2 *rf tb«rT«W U o f WV»S flotomlMSBL at %h* TNwrtt

fit KICK: OF T U B C IT Y 0 6 M P T R 0 1 .1 .E U . j

s t . r . i v u m a x . , p eto b crsjm , mwt. >
Mfitfim Ip h e r e b y g i v e n t o a ll fN"mef?rnc«l, tie a t t h e
Cemtn<.m CouafB o f t h e Q t f b f i t . P a h l hm a d o p te d
a

YORK

CITY

GOLD E X E MP T 3s.
P rice and P a rticu la rs on A p p lication ,

c h a n g i n g I t# F im a n e ia l A g e n c y in t h e

(Tty o f H e w Y o rk fr o m th e . C h a s e H a tlo n a -i B a n k o f

H e w f o r k to the H a n o f o r KfittotM tl B a tik o f H h w
?****«> up i Y m k C ity, w h e re all ohMgmtlon# o f th e C ity o f Bt>
W$>4s$#|wlaf*
‘5 4 t h , 1 8 0 7 , at ri^ bt
> Paul, payable at the Financial Agency thereof, m ust
otetoafe t \ M., for i b t pu?t**v#t o f **» t##a« o f

IfeO, ©ylkfUfif

NEW

L O A M S

R. L. DAY & CO.,

AfWUU# IHi4

T « r e » t i - f t t i t f T t i o t t i i i . 8 d H e v w e f l * m l r r d a n d j m p resented f o r paym ent,
F i f t y H o lI f t r 4 ,f
bo n d * o f ffan tiw r»J
J.
J . M cC A R P Y ,
toIm ttM I f o r the ro4^mpftm% o f
b o n d t.
C ity Conaptroiler,
T %m w i t bf'iid* w ill 5# so ld ic* tfet person o r
ration « k > w ill taka or t«tireba*o the* name «m term s
dw^acKl b y ’thw T ow ii C on n ell t o bo ad v asjtojtron « f # t
th e inter**** # o f th e feawn; t b « bond# w ill bo »o j
den amtnatSon* o f on # th o u sa n d dollar* each.
t- I
J » i m o r l, 4 s . 1 0 3 0 ,
\tiit on e, w h ich w ill b# fo r seven tm ndiiad and fifty
a » d Will, hoar date Jan uary 1, im n , and lye
W a h l # in 'lam y m m
d a is m t l b e a r Interest at
t h e rate o f fo u r a n d on*»-h«lf p e r c e n t o e r an n u m ;
l e t iiio rt, 7 s , 1 9 1 1 .
w ill h a f© eon c o n i a tta ch ed f o r each h a lf year'* In­
terest o r m ay b e
at th e op tio n o f th e p«ir~
«ha«ei*.
I b I m a r t. *>»■ 1 6 0 » ,
T b e T o w n CtWWMI reaerrea th e right t o r e je c t any
b i d i f d eem ed t o r th e Interest o f t h e to w n t o d o m .
•In m m i h e ira ecetsfol bidder shafl n o t co m p le te hl»
l.l
m a r t, s o ld 5 « , 1 9 2 4 ,
p m c h m e w lfb ln fifteen day* a ft e r th e name are
a w a rd ed t o him th e Council, m ay ann ul th e a ccep t­
a n c e o f hi* prop*>*aI and r e je c t hi* hid and aw ard o r
5
I-dJ g u a r a n t e e d s to c k .
#®a th e bond* to som e o th e r person o r corp o ra tio n .
N o v e m b e r lis t o f r a i l r o a d a n d m u n lc lp a
B y ord er o f t h e T o w s C on nell o f th e T o w n o f W est
b o n d # m a ile d on a p p lic a tio n .
' H ob ok en ,
JO H N P. M cM A IIO N .
T ow n Clerk.

muimrsrm

HEREFORD RY. (Maine Central),

from

MADISON EXT. BY,(CM. A N. W.),

0TTr.fi WA C. F. & ST. I'.fChi. k X. W.),
DETROIT RAILWAY,

7 NASSAU STREET, N. Y.,
4 0 WATER ST., BOSTON.
* 1 0 , 0 0 0 N y a c k , N . Y . . ........................ ......... 4 *

1 1 . 0 0 0 C o lle g e P o in t, H. Y . . ........ . . .. 4 h
1 5 .0 0 0 K e w lo w tt, N. Y . . . ........ . . . . . ..5 *
6 . 0 0 0 P ie m io n r ,

4 0 .0 0 0
5 .0 0 0
0 ,0 0 0
4 ,9 0 0
1 9 .0 0 0
*45,7 0 0
5 0 .0 0 0

Rudolph Kleybolte & Go.,
35 a n d 37 N a s s a u S t „ N e w Y o r k .

STATEN ISLAND RAILWAY,

C. H. WH I TE & CO.,

# 4 1 ,5 0 0

City of Jacksonville, Fla

BANKERS,

31

N ASSAU 8 T „ S E W Y O ttK .

N . Y . . . . ------------------ 5 s

E a s t P r o v id e n c e , R . 1 . . . . . ...4 ts
Q u in c y . !>!»«*............................... 4 s
C o lu m b u s , O h io ........ .
.
4s
P o r t i m p t b , O h io ....................41^1
M e r id ia n , M is * .......................... 6 s
B r a d fo r d , P a .............. ................ 4 s
N e w R o c h e lle , N . Y .................4 s
FOR BALE BY

C IN C IN N A T I, n
S B 0 .O O O
4 0 .0 0 0
1 5 .0 0 0
5 1 5 .0 0 0
* 1 9 ,0 0 0
* 4 5 ,0 0 0
8 ,0 0 0
1 0 0 ,0 0 0

B a t e s C o u n t y , M o .............. . . . . . . . . . 4 ^ 8
F r a « k l < n C o u n t y , H I .............. . . . . . . 4 ^ s
L a k e C o u n t y , I n d ................................... 5 s
M arlo n , Io w a* S c h o o l
. . . . . . . . 4 Ha
S o u th O m a h a , N eb ..
..................... 6 s
L in c o ln , N e li., S c h o o l .. . . . . . . . . 5 s
A s t o r i a , I I I . . . . ......... . . . ........... . . . 5 s
S o u t h S id© E l e v a t e d ( C h ic a g o ).4 & s

M A S O N , LEWIS & CO.,
B A N K E R S .

54 GOLD BONDS.
S e a le d b id# f o r F o r t y © «# T h o u s a n d F i r e H u n d r e d
d o lla r s ' I I I
o r a n y p a r t , w ill b e r e o e i r e d h y

th e ’ftm fm m m ill %F, M. Heeemher 7 . 1W , Bight
iw tw rrre d t o r e j e c t a n y o r a ll M d s. A d d r e s s
fl. F. lH htA *7i, Chairm an,
J a e k s c m r l f l e , F la .
FO R

SALK,

CIIROMICKiE VO1-tnW
ES.
W in tlA M

a

D A N A COM P A N T . 7 «H P i n e 8 1 , N T

8 2 0 0 , 0 0 0

Central EH. & Electric Co,
(O f N ew Britain, C on necticut.)

B O S T O N : W o r t h i n g t o n B id e .,

C H IC A G O I i n

31 S t a t e

S t.

I .a S a lle S t

W. J. Hayes & Sons,

1st Mortgage Sinking Fund Gold os.

BAN K ERS,

T h i s r o a d h a s d i r e c t c o n n e c t i o n w i t h t h e C ity o f
H artford .
S e n d f o r e a r n i n g s t o O c t. 1 ,1 8 9 7 , a n d f u l l d e s c r i p ­
t io n o f p r o p e r t y .

DEALERS IN MUNICIPAL BONDS,

E, H. ROLLINS & SONS,
1 0 M ilk Sitreer, Bow to n . M aim .

Btreet H allw ay B on ds, ami o th e r h le h -e ra d e In­
vestm ents.
B O S T O N , M A S S ..

7 Bjrehanae P lace.

C le v e la n d , O h io .

3 1 1 .3 1 3 S u p e rio r S t.

Cable A M r e ti. " K - B N tfM T B ,”

THE tittMONiCJLR

998

Worcester, Mass.—B o n d . S a le .— T he “New Y ork News
B ureau ” reports th a t $150,000 4% 30-year city h all bonds have
been aw arded to A dam s & Co., Boston, a t 115'UTS.
Worth Comity ( P . 0 . Grant City), Mo.— Bond O ffe r in g .—
Proposals w ill be received u n til t o a m . D ecem ber 13,1897, by
K er ry Sw ift. T reasurer, for $25,00* F>$ court-house and ja il
bonds. S ecuriti-s are in denoinina ions of $5 0, d ated Decem ­
ber 1, 1897, in terest payable Ju n e 1 and D ecem ber 1. P rin ­
cipal w ill m a tu re D ecem ber 1, 1917, su b je c t to call a fte r
D ecomher 1, 1902. A certified coeck fo r 5% of th e gross
am ount of bid and payable 1 0 th e O oum y T reasu rer m u st
accom pany proposals. Bonds w ere a u th o rized a t a special
election held Septem ber 7, 1897, by a vote of 889 to 292.

[VOL. LXV.

C ity b onded dbt. May 1 ,’9 7 .$ 2 2 ,0 0 0 '
LOANS—
W h en d u e.
C it y H a l l B o n d s —
F lo a tin g debt*.........................
2 ,8 7 0
5s, J& D , $ 1 ,0 0 0 ........ D ec. 1, 1 9 0 0 T o ta l c ity d eb t M ay 1, ’9 7 . 2 4 ,8 7 0
S u bject to call.
T a x v a lu a tio n , real ........... 2 5 0 ,8 0 4
6s, J u ly , $ 1 0 ,0 0 0 ........J u ly 1, 1907 T a x v a lu a tio n , p e r s o n a l... 09,5 5 1
6s, J& J, 1 1 ,0 0 0 ........Sept. 1, 1912 T o ta l v a lu a tio n 1 8 9 7 ..........3 2 0 ,3 8 5
S u bject to call after Sept. 1, 1897 A sse ssm e n t a b o u t *4 a c tu a l v a lu e .
F a ir b u r y P re c in c t—
P o p u la tio n of c ity 1 8 9 0 w a s .2 .6 3 0
R a il r o a d A id P o p u la tio n o f c ity 1 8 9 7 a b t.5 ,0 0 0
Os , ........... $ 4 0 ,0 0 0 .... J an . 1, 1907
Subject to ca ll after. J an . 1, 1897
INTEREST on c ity bonds is p a y a b le b y K ou n tze B ros., N. Y. C ity.

Franklin, N. J.—A. Blum, Chairman; Max P. Kau mann,
Treaeurer. The following ia the financial wtatement of
Franklin, corrected by means of a special report to the
C h r o n i c l e from Max P. Kanfmann, Treasurer.
This township is in Essex County.
LOANS—
W h en D u e. F lo a tin g d eb t M ar. 2 0 /9 7 ^ $ 2 ,0 4 7
4 s ............ . $ 1 6 ,0 0 0

1 0 3 ,6 4 7
4 7 ,0 0 0 *

T otal d e b t.............................
W ater d eb t (in c lu d e d )...

R oad B onds —

S T A T E AND CITY D E B T CHANGES

A pril 1, 1898

($2 ,0 0 0 due y e a r ly )........... to 1 9 2 0 T a x v a lu a tio n , r e a l..........1 ,2 3 0 ,5 5 0
We subjoin reports as to municipal debts received since
W a te r B o nd s—
T ax v a lu a tio n , p e r s o n a l... 8 5 ,6 0 0 *
the last publication of our S tate and City S upplement. 4 b____ _ $ 4 7 ,0 0 0 ...........................1 9 2 5 T otal v a lu a tio n 1 8 9 7 ... .1 ,3 1 6 ,1 5 0
W o o d s id e B o n d s —
T o ta l ta x (per $ 1 ,000) '9 7 .
2 7 ’2 0
Some of these reports are wholly new and others cover item* 5 b, ........... $ 6 ,0 0 0 ....................... 1 9 0 6 P o p u la tio n 1in 1 8 9 0 w a s . . . 2 ,0 0 7
B
on
d
ed
d
eb
t
Oct.
1
,
’9
7
.
$
9
9
,0
0
0
P
o
p
u
la
tio
n
in
1
8
9
6
(e
a
t.).
.
3 ,0 2 7
of information additional to those given in the S upplement
East Hartford, C onn .-T h e following is the financial
and of interest to investors.
statement-of the town of East Hartford corrected to October
Erie County, N. Y.—George Baltz, Treasurer; Jno. W I, 1897. by meam of a special report to the Chronicle frem
Neff, Auditor. The following is the financial statement of J. O. Goodwin, Clerk.
Erie C maty corrected to October 1, 1897.
This town is in Hartford County.
County seat is Buffalo.
LOANS—
W hen D ue. T otal d eb t Oct. 1 ,1 8 9 7 . . $ 1 3 6 ,5 3 5
B r id g e B o n d s —
9 ,4 5 7
A v a ila b le B e s e t s ..............
LOANS—
W hen D ue
LOANS—
W h en D u e.
County B onds

Co un ty B onos—

7s, J& J, $ 3 2 5 ,0 0 0 .......... 1 8 9 8 -1 9 0 7
7s, J& J, 1 0 0 ,0 0 0 ............ 1 9 0 7 -1 9 1 0
6b, M&N, 1 0 0 ,0 0 0 .......... 1 9 1 1 -1 9 1 4
4s, F& A, 1 0 0 ,0 0 0 ........ Feb. 1 ,1 8 9 8
4 b, M&N. 2 4 ,5 0 0 ............ 1 8 9 9 -1 9 0 4
($ <.500 y ea rly on M arch 1.)
4 s, J& J. $ 2 1 ,0 0 0 .............1898-1901
($ 0 ,0 0 0 y early on J u ly 1.)
i s , M&N, $ 7 0 ,0 0 0 ........... 1 9 0 0 -1907
($ 7 ,0 0 0 y e a rly on N ot . 1.)

( C o n .)

4 s, F& 1 , $ 3 0 ,0 0 0 .... 1902 to 1912
($ 1 0 ,0 0 0 e v e r y fifth year.)
T otal d eb t Oct. 1. 1 8 9 7 ...$ 7 7 3 ,5 0 0
T a x v a lu a tio n ,r e a l
2 6 6 ,4 9 3 ,4 3 6
T a x v a lu a tio n , pers'l.. 1 5 ,4 1 1 ,6 8 4
T o ta l v a lu a tio n 1 8 9 6 ..2 8 1 ,9 3 5 ,1 2 0
S ta te & Co. t a x p e r $ 1 0 0 0 ’9 7 .$5*17
P o pu la tio n In 1892 w a s . . . 2 7 8 ,7 2 7
P o pu la tio n in 1 8 9 0 w a s . . . 3 2 2,981
P o p u la tio n '9 5 (p o lio ec en .)4 0 3 ,0 2 6

3 -6 b, A&O, $ 3 9 ,6 0 0 ___Oct. 1, 1919
S u b ject to ca ll a lte r Oct. 1, 1899

V a lu a tio n , r e a l....................2 ,4 1 3 ,6 6 4
V a lu a tio n , p e r so n a l.......... 3 3 5 ,8 7 8
T ax v a lu a tio n 1 8 9 7 ........2 ,7 4 9 ,5 4 2
A sse ssm e n t a b ou t <23 a c tu a l v a lu e .
T a x r a te ( p e r $ l,0 0 0 ) 1897.$15*00*
P o p u la te -n in 1K96 (ea t.)___ 5,200*
P o p u la tio n In 1 8 9 0 w a s .. . . . . 4 , 4 8 5

B r id g e a n d R o a d B o n d s —

4 b, A&O, $ 6 ,0 0 0 ........... A pr. 1, 1898
($ 3 ,0 0 0 d u e yearly) to A pr. 1, 1899
4 b, A&O, $ 6 0 ,0 0 0 ...A pr. 2, *04-’24
B on d ed d eb t Oot. 1 ,1 8 9 7 . $ 1 0 5 ,6 0 0
3 0 ,9 3 5
F lo a tin g d e b t .....................

Marathon, N, Y .- James W. Jones, Clerk. The following;
is the financial statement of the village of Marathon, N. Y.,,
Fairbnry, Neb.—D. B. Cropsey, Mayor; Jay B. McDowell, corrected to October 15, He?.
This village is in Cortland County.
Clerk Tne following is the financial statement of Fairbury
LOANS—
W h en D u e.
A sse sse d v a lu a tio n 1 8 9 7 $ 6 1 0 ,7 7 5
corrected to May 1, 1897, by means of a special report to the
W a t er B onds46, $ 2 8 ,0 0 0 ........................ 1899 -1 9 2 6
B o n d ed d eb t O ct. 1 5, ’9 7 .. $ 3 1 ,5 0 0

C h r o n ic l e .

This city is the county seat of Jefferson County.

INVESTM ENTS.

INVESTM ENTS

Government a n d
Municipal Bonds

PUBLIC SECURITIES

BANKS.
FIRST

NATIONAL

BANK

O F M IL W A U K E E .
C A P IT A L ,
SURPLU S,

SUITABLE FOR

BOUGHT AND SOLD.

T a x r a te (per $ 1 ,0 0 0 ) ’9 7 ___ $6*39
P o p u la tio n in 1890 w a s . . .
1 .1 9 8
P o p u la tio n In 1897 (eat.)........1 ,2 0 0

.
.

.
.

.
.

.
.

81, 000, 00®
8430. 00®

APPRAISEMENTS MADE OR QUOTATIONS
FURNISHED FOR THE PURCHASE, SALE* OR
EXCHANGE OF ABOVE SECURITIES.

SAVINGS BANK AND TR U ST
FUNDS.

L I S T S ON A P P L I C A T I O N .

LISTS MAILED ON APPLICATION.

Transacts a General Banting and Foreign Exchange
Business. Collections receive Special Attention.
OFFICERS:
F. G. B igelow , Pres’t,
F. J. Ki p p , Cashier.
W m. B igelow V.-Pres’t. T. E. Ca m p , Ass’t Cashier
F. E. Krdeger . 2d A ss’t Cashier.

Farson, Leach & Co.,

San F ran cisco ,

N. W. HARRIS & GO.,
BA NK ER S,
3 1 N A S S A U S T . ( B a n k of C o m m e r c e B ld g .)

C H IC A G O ,
D e a r b o r n S t.

NEW Y O R K ,
W a ll S t.

100

ADAMS

&

COMPANY,

BANKERS

2

M UNICIPAL BONDS.

E. C. S t a n w o o d & C o .

DEALERS IN

BAN KERS,

IN V E S T M E N T BONDS,

121 Devonshire Street.
BOSTON.

Members of Boston Stock Exchange.

L IS T S SEN T UPON A P P L IC A T IO N .

No. 7 Congress and 31 State Streets,

WHANN& SCHLESINGER,

and INVESTM ENT
SECURITIES.

FEARON

& CO.,

SOUTH F IF T H S T R E E T ,

PHILADELPHIA.

Blodget, M e rritt & C o.,

ORLEANS, LA.

C A P IT A L ,

81, 000*000.

J. C. MORRIS, President. EDWARD TOBY, Vlc®>
Pres. EDGAR NOTT, Cashier
Correspondents—National City Bank, Nationa
Bank of Commerce, New York; Boatmen’s Bank
St Aiouis; N. W. National Bank, Chicago; M ercnants’ National Bank Boston

F.dw ard I. R osenfeld,
S E C U R IT IE S .

NEW

YORK

NEW YORK

Street Railway Bonds
.
•
•

No. 66 Broadway. New York.

SECURE BANK VAULTS.

GENUINE
WELDED CHROME STEEL AND IRON

And Ot*ier Choice Securities.

1 Nassau Street, New York.
Philadelphia.
Cincinnati

a S p e c ia lty

o r L i s t.

STATE, CITY & RAILROAD BONDS

5s
- 5s
6s

Edward C, Jones Co.,

W rite

,

16 Congress Street, Boston.

Union Railway
.
Westchester Railway
Steinway Railway -

C an al B an k ,
NEW

M U N IC IP A L

b a n k e r s
STREET,

8050, 000-

H ig h -G r a d e W a r r a n t s

BONDS.
‘A W A L L

81 500,000

3. G. Mu r p h y , Pre»ident, JA8. K. L ynch , Cashier
JA M1 8 Moffitt , V.-Pre*., J. K. Moffitt , A»t. Ca*M
General Banking Bmine**. Account* Solicited.

Bankers and Brokers,

1*4

MUNICIPAL

O F SAW F R A N C I S C O , C A L .
UNITED STATES DEPOSITARY.
C a p i t a l,
,
I S u r p lu s ,

(Successor of N. O. Canal & Banking Co.)

BONDS

BO STO N.

T h e F irst N a tio n a l Bank

4 1 W a ll S t., N . Y .
Railroad BONDS Municipal
Descriptive Circulars on Application.

Round and Flat Bars and5-plv Plates and Angles
FOR SAFES, VAULTS. &c.
Cannot be Sawed, Cut or Drilled, and positively?
Burelar Proof.
C HROM E ST E EL W O R K *.
Kent Ave., KeapA Hooper Sts.
' Sole Man’f ’ers iu the U. S. B R O O K L Y N , N . V