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Quotation -Supplement (Monthly)

-Street Railway Supplement (quarte^

Investors Supplem ent (0^ )

State and City Supplement (s^

Entor*!

r

am^

to Act of t ; mi?ro-n, a tad yo.tr 1396, by the William B. D ana Oompant , In the offloe o l t ie L i b r a r ia n o f C o n g re s i.

VOL. 63.

SATURDAY, NOVEMBER 21, 1896.

W eek ending November 14.

3?Jie d t c c m i c le .
PUBLISHED

C lea rin g * a t —

W EEKLY.

Terms of SatocripUou—Payable in Advance:
For One Year............ ................................................................ $10 00
For 8 U Months...................................................................... .
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Earopean 9ub*oripUou Six Month, tlnoludlng postage).
7 00
Annual Subscription In London (Including postage)___£ 2 10a.
S ix M oa.
do.
do.
do.
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to every annual a u b e o r tb e r o f th e C o m m e r c ia l a n d F in a n c ia l
U h e o n ic l e .
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mailed for 80 cents.

Terms of Advertising—(Per inch space).
UttShaa.................................. S3 50 I Three Months (13 tim es)..$25 00
O ie Month
<4 times).. 11 00 811 Month,
(S6 “ ) .. 4 3 0 0
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18 “ ) . 1M i>0 I Twelve Months (52 *• ) .. 5 80 0
(The above terms for o n e month and 'upward a r e for standing cards.)

London Agents:
M essrs. E d w a r d s M S m it h , 1 Drapers’ Dardens, E. C „ will take snb
•ertptloasand Advertisements.and supply single ooplesof the pater
at la. eao- .
W i L L l i n B . D I N A C O H P A N V , P u b lis h e r s ,
P in e S t r e e t , C o r n e r o f P e a r l S t r e e t ,
r « Opt ICR BOX 9 58.
NEW YOKK

CL E A R IN G HOUSE RETU R N S .
The followin'* table, male up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses
of the United State* for the weekending to-day, November 21,
have been )1 $218,000,484$ against $1,209,572,924 last week and
$1,089,374,044 the corresponding week of last year.
O iu im a a .
B K w m try Telegraph.

IV**k

Ratting November 2L

1496.

1896.

B l L o a n ................... . . . . .
New Orloooi................ .

•606.953.106
66.048,317
56.i94.t86
lt.877.377
76.006,353
39.586.363
10.665.094

•496.861.981
77.313,155
66.377.358
11.530,494
79.793.407
31,533,318
11,133,513

Seven cities, 6 day n .
Other ottlee, 5 d a ys.........

•873,339.788
149.730.481

•703.437.335
153,498,764

•1.033.056.367
191.013.317

$915,935,989
173.438.655

New Y o r k ....

B oiton

rilladotpha.

Total all cities. 5 day■
Ail cities. 1 day.---- .. . . .. .
Total allcHlee for week

$1,213,069,484 1 *1.089,374.644

NO. 1,639.

P er Cent -

+32*4
+10*0
-1 5 3
+1V7
- 32
+ 49
- 42

1896.
«
New Y oth..............
71S.89A44*
tH.e02.6-r
Philadelphia.......
14,2t5,45c
Pitts b ore...............
Baltimore............ . ' lit,5.11.38
4.08b.<*8i
Buffalo...................
1.9S0.53
Washington........
1.014.1*6*
Rochester............
992.01!
Syracuse................
817,801
Scranton..............
eo,u>4f
Wilmington-.......
333.80*
Binghamton........
Total Middle.... 822.5J5.33'

Boston................
Providence.........
Hartford............
New Haven..........

Sprtngtleld.........
W orcester............
Portland.............
Fall River..........
Lowell...............
New Bedford.....
Total New Eng.
Chicago.................

C in c in n a ti.........
D etroit..... ..........
Cleveland....... ...

M il w a u k e e .............

Colum bus............
Indianapolis.......
Peoria...................

Toledo...................

Grand Rapids ...
Dayton........... ... .

Lexington..........

Kalamazoo..........

A kron...................

Bay City..............
R ockford.............
Springfield, Ohio..

C anton....................
T ot. Mid. W est’r

San Francisco......
Salt Lake City.....
Portland..............
Los Angeles........
Helena.................
Tacoma...............
Seattle.................
Spokane......... .
Fargo...................
Slonx Falls.........
Total Paciflo....
Kansas City........
Minneapolis.........
Omaha.................
St. Paul...............
D enver..................

Davenport...........
St. Joseph
Des Moines..........
Slonx City...........
Lincoln................
Wichita...............
+143 Topeka................
- 18 Fremont...........
Hastings.............
Tot. other West
+11 0
+ 10 2 St. Loots................
+11'4

The full detail of clearings for the week covered by the
above statement will be given next Saturday. W e cannot,
ef course, furnish them to-day, bank clearings being made
up by 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 all cases 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 14, and the results for the correspond­
ing week in 1893, 1894 and 1893 are also given. Contrasted
with the preceding week there is an increase in the aggregate
exchanges of a little over one hundred and fifty million dol­
lars, but at New York alone the gain is one hundred and seven­
teen millions, tn comparison with the week of 1895 the total
for the whole country shows an excess of 3-2 per cent. Com­
pared with the week of 1894 the current returns record a
gain of lrt-3 per cent and the excess over 1893 is 22-2 per cent.
Outside of New York the decline from 1895 is 7’7 per cent.
The increase over 1894 reaches 3'3 per cent, and making com­
parison with 1893 the gain is seen to be 8’ 1 per cent.

New Orleans..........

Louisville...............

G a lveston ....,.......
H ou ston ...............
S a v a n n a h ...........
Richm ond.............
Memphis................
Atlanta..................

Dallas...................

Nashville.............
N orfolk..................
W aco......................
Fort W orth...........
Augusta.................
Birmingham..........
Knoxville.............. .
Little R ock...........
J a ck so n v ille........
Chattanooga. ......
Total Southern.

105 405 03'
6,582.001
2 132,61!
1 7«*M0l
1.400,63
1,463,2%
l,48d.K2
97 2.17*
650.74
417.662
12l.359.61C

1895.
*
052.497.93?
80,703 SSs
15.4 02,207
14,726.53
5,34 9.46,"
2,968,09c
1.049,59
1,132.055
782,71!
821.46?
380.80C
77d.014.lbVi
07,037 422
0.728.00
2.528.732
1.964 00!
1.0-0,713
1,d41,418

1.500 Ilf

1.087.78,
7*1.952
467,113
116.007.110

H am ilton...............

St. John*...............
Tota* Osnada

+ 87
—i7'(J
—lo‘7
-1 3
-5
-0
—10 6
-1 5
—luO
+4*0
-9
-1 3 7
-1 0 8
-3*9
-0 d
-3 0
—22-5
-y*2
+0*9
—256
-9*1
-2 6 7
—3 i8
—2d 1
—3 V
—19*

17.643 425
1,645 045
1.050,560
1,265.031
53* 988
598.765
480.497
6i*9.120
178.356
79 854
24,887,010

17,194,441
1.712.022
1.430.433
1,553.455
621,142
500,031
523.115
417,778
245,022
131.721
24,299.000

10,610.245
12.643,526
3 9H0.70C
5.370,t>74
2.424,889
578 073
1,229.673
95H.O07
682.030
34 3,890
311.329
344.150
65,014
91.961
39.031,452

11,845,807
10,614.452
4.163.925
6,722.507
2,994.533
1.603,305
1,511.000
1,167,079
778.247
478.224
448.335
303,083
52,740
41,713,779

+ 18*2
—4’4
—0*1
—19 0
—61*5
-18-6
-1 7 9
-2 5 2
—28 1
-3 0 0
—5*4
•♦4 3
+31*8
-5*0

23.P30.S52
11.4 57.094
5X5 7.Y39
3~4I.25*i
3.709.970
8.180 607
2.745 053
2,(512.263
1,710 103
1,050.30 4
1,107,125
1,08.5.037
1,640,773
594.075
1.179,000
401.985
410.549
320.142
231 351
247.994
66.8i5.19?

29.734 603
14.048 644
0.659.728
3.2* 2,375
3,750.406
3.902.921
2.379.604
2.860.910
1,958,813
1 054.285
1,003,5-26
1.145.307
1.391.310
750.000
830.000
480.850
390,294
370,999
2^4.575
205,930
70.102,500

-10*7
-18-4
—18*1
+4'3
8-0*3
—18 6
+ 15-4
-12*2
—12*7
-0*2
+10*3
-5*3
+ KV6
-2 0 7
+42 1
—5*1
+51
-15*1
—21*6
—0*7
—12*0

6 9 .7 9 e

13 402.176
7 e 95,729
1 415.018
2.174 127
09O 400
566.807
!M4IMW>

14.803.751
0,854.179
1.2)3.113
1.981.395
77d,3J3
•>5.148.781

1394.

$
+10
504.700.30?
—23*2
07.128.32!
- 7 ’<
12.936,903
+12-2
15,433.955
-1 3 ?
4.781.507
—33*.
1.730,34
-1 2 7
1.600,49
- 1 2 •*
l,l4M,40f
-HTS
722,u;
-2 5 V
705.612
-1 2 2
370,400
+5*2 071,328,482

92,801.27V) 102.129.442
13.616 76(
H .004.51)!
6.062.005
6.790.391
7,070.25)
0.801.7(1!
6,723.775
6.348.73
3,477 30<
3 007.601
2,C3:> Oil
2.040.52k
1,798.05 (.
1.681 071
1,458,952
1.H0.57J
975,741
726.216
701.14 L
6*7.29;
37i.20i
276,781
3.2,301
235 168
377,08)
279.«)(K
260,304
240,40
218 07e
174.925
205.471
161 075
182,791
200.718
184.213.780 148.414,026

Total all....... ., 1.209.572,924 1.183.150.06P
Outside N. York, 490.082,478 681,642,786
Montreal.............
Toronto...............
H alifax................
Winnipeg............

ltt»d.
P . Cent

1893.
$
536,330,287
64,938,510
12,399.816
14.190,934
4.875,000
1,004,213
1,025 005
1.0(1,022
852 248
400,000
6S8.290.595

87.367.0P4
87.531.703
0.108,2i:<
5,459,200
2,06-1 380
1,914,573
1.0(10 412
1,407,182
1.300,731
1,379 052
1.236,331
1.309,645
L4i5.295
1,326 320
1.018,298
92S.795
0O2.80J
713 042
401,585
504,490
103.200.017 “ 102.034,211
97.306.3S9
I3 241.00C
o,013.9:-j
6,620.569
5.1V8,97C
3.059 m
1,450.012
2.263,203

93.205,715
12,914.760
6.929,349
4.584,525
5.105 820
3,055,300
1.497,614
1,028.506

814,197

959,989

—8 9
-9 0

430.912
239,72c2*1,100
8*13.350
238,307
102,939
169,281
138,051.508

359,910
200.000
199,325
287 816
199 277
170,733
142,388
130,510,923

+2*6
—9*8
+28 8
—18 0
+2'b
-*-08
—0*6
+07 3
—27'2
—39 4
+24

15,105.229
1 404.990
1.360.705
1.221,035
641.358
*109,672
55<.*,00"
298.422
122.045
75 019
21.678.675

14,803,900
970,329
1,205.000
69\360
425.000
034.234
552.579
295,332
126.251
149,681
20,117,078

-8 *7

11.355.517
9,349.049
5.215,802
5,150,550
2,943,757

9.500,652
7.985,704
4 935,702
4.449.918
2,489,214

1,475.874
1,051.256
853,034
518.922
487 519
315,530
55.513
82,3738,884,099

1.571,524
1,0(9,112
847.410
600 872
459,904
413,907
71,001
98,000
34,387.030

25 473.734
11,658,220
0.500 675
3.047,077
3.35P,998
3.257.380
2.088.498
2,528,270
1,29*\003
l.f 47.748
1,083,301
1,109,410
1,500.1)00
7C*',000
800,000
391.122

23,008.999
12 368.835
0.222,507
3,739.220
4.149,312
3,130.007
2.302.753
2,049,240
1,490,372
l,2 li,000
761,022
1.248,017
927,000
0-14,569

421.410
229.320
00.752.758

308.809
202,950
04,729,511

-2

re

210,237

-4-2*2 1,039,802.109

990,076,954

—7 7 “475,131.894

453.739,067

-9*1
-f 21 0
-14-7
+9*7
-10*3
+1*2

12.720 527
0,130 924
1 117,705
1.492,242
782,253

11.980.018
6.004,250
1,180,971

22.256 051

19.407 248

080,009

THE CHRONICLE.

898
THE

F IN A N C IA L

S IT U A TIO N .

Reassuring features of the week have been (1) the
foreign trade statement for October, upon which we
have remarked in a subsequent colum 1 ; (2) the pros­
pect of a continuance of favorable trade results in
near-by months, ensuring the non-fulfillment of the
London forecast that the ante-election gold imports
would be returned to Europe immediately after the
election and making a further movement of gold t )
this center not improbable; (3) the Treasury net gold
reserve, which has shown steady gains, reaching, ac­
cording to the Government report made public yester­
day, $126,611,711; (4) the large stock of gold coin and
bullion held in the country, being to-day probably not
less than $679,000,000, a total larger than has been
held at any time since May 1892, four and a-half years
ago; (5) the trade revival which, to the extent of
opening mills etc. theretofore closed, and increasing
work in other establishments already operating in part,
has now extended to every section of the country, in­
cluding up to this date (according to the record kept
by the “ Journal of Commerce and Commercial Bul­
letin”), 383 resumptions and 291 establishments which
have increased their force ; and (6) the higher prices
ruling for wheat and the better prices ruling foj; other
food products.
But while we may say with accuracy that the fore­
going and all other developments since the election to
this date have been favorable and promising, we must
add that the expectation which many appear to indulge
of an immediate boom which is to keep our furnaces
and factories running night and day and all prices
constantly rising, is quite certain not to be realized.
At any season of the year a healthy industrial reviv d
from extreme depression and the wide interruption of
work, such as has existed during the summer, must
progress slowly step by step; and this is especially true
when the recovery begins at the opening of winter.
Never could a recuperative movement start under
better auspices than now; it is sure to make progress,
and as we get towards the spring an accelerating prog­
ress. The thought of prospective tariff revision has
tended in some measure to check demand. It is a
foolish notion, however, for revision, if it is carried
through, will be up, not d)wn; that is it will tend to
advance prices, not lower them, and consequently the
larger the stock of goods a merchant carried in passing
from a low to a higher tariff the better off he would be.
Some disappointment has been felt with regard to the
inquiry for goods. But the explanation is really very
smple. The idea of an immediate heavy increase in
requirements was based to some extent upon a miscon­
ception. It was based on the supposition that as
a result of the extreme depression which ruled
from July to November, interior stocks of goods
had become exhausted. But as a matter of fact, while
it is true that the interior merchant stopped buying, it
is equally true that the interior consumer also stopped
buying, thus leaving stocks pretty much as they were
Of course with the revival in business which is now
in progress, these stocks will be quickly disposed of, and
thereafter the demand should be steady and regular,
widening and developing with the expansion in trade.
The Seaboard Air Line “ deal” appears to have fallen
through—at least for the present—the parties with
whom Mr. Ryan was negotiating for a controlling in­
terest in the property having found it impossible to
turn over the stock of the road as promised. The only

[V ol . L5I11.

interest tne public has had in the matter nas been as tothe effect of the expected change of ownership upon
the rate situation in the South. The Seaboard
Line during the summer pursued a sort of
guerilla warfare, which, while directed only against
the Southern Railway, threatened to involve all the
roads in the South. The courts interfered a number
of times and checked a wholesale slaughter of rates and
revenues, but this was considered a poor reliance at the
best and objectionable in many ways. Hence when the
announcement came that a new interest wa3 to acquire
control the event was hailed with considerable satis­
faction as furnishing a feasible way out of the
difficulty and as marking a step tending to conserve
important interests. But the plan met with con­
siderable opposition.
President Hoffman’s friends
opposed it, and the Southern public also looked upon it
with disfavor because of reports that the Southern
Railway was the party back of Mr. Ryan. These
rumors met with explicit and emphatic denials, but
they kept cropping up again and again. In one sense
therefore it may be best that the scheme has failed.
Of course all depends upon what attitude the man­
agement may now assume. Mr. Ryan, through
the purchases of stock which he has made from
parties outside the pool, has acquired a very sub­
stantial interest in the property, and this should give
him some say in the management. Very likely,
too, wiser counsel may prevail with the managers, and
the old tactics of cutting rates be abandoned. Recent
statements of earnings show that the property is doing
quite well, a gain being reported for the September
quarter of $152,450 in gross and of $113,438 in net.
The effects of the revival of confidence and the
starting up of trade are already beginning to be re­
flected in the returns of bank clearings. The number
of cities showing gains is steadily increasing. Last
week out of the seven leading cities included in our
telegraphic returns (namely Boston, Philadelphia, Bal­
timore, Chicago, St. Louis and New Orleans, besides
New York), three reported gains, namely New York,
Boston and Baltimore; this week there are four with gains,
only Chicago, Philadelphia and New Orleans recording
decreases. In the case of railroad earning3 the manifes­
tation of the revival in trade will come more slowly.
This should be borne in mind in considering current
returns of earnings. For the present these returns are
very poor, but they represent past conditions. We re­
ferred last week to the large falling off indicated for
the first week of November by our preliminary sum­
mary for that week. The final statement makes even a
worse showing, the loss reaching $1,333,633, or 16-74 per
cent on the 77 roads included in the tabulations. The
result was particularly bad because of the occurrence of
election day in that week. The returns of net earn­
ings for October, which are now beginning to come in,
are also subject to the remark that they represent past
conditions. Thus the Pittsburg Cincinnati Chicago &
St. Louis reports $339,585 decrease in gross and $189,468 decrease in net, and the Pittsburg Youngstown &
Ashtabula, $77,214 decrease in gross and $64,249 de­
crease in net. The following is a four-year comparison
of gross and net for a number of roads which have
this week submitted statements for either September
or October.
,-------------- September E a r n i n j s --------1896.

1895.

1894.

2,132,506
725,397
180.379
44.514

2.085,416
753,886
155.612
42,955

Nam e of Road—
Baltimore & Ohio................. Gross 2,292,931
Net
663,502
Chicago & W est;M ichigan..Gross
178,321
Net
47,253

1893.

*
2,380.225
944,59 5^
174.586
41.140-

THE CHRONICLE

N ovember 31, 1896,j
vaww o f Road—
Detroit Laos. £ Northern.. Groat
Net
Grand Trunk....... ..............
Net
Lake Erie & Western.. — .Groat
Net
Memphis & Charleston...... Gross

ar*m i o f

.— ■— — September Bum was.—
1696.
1835.
1894.
*

*

*

112.381
14.558
1*38,786
673.688
*75 801
122.741

105 418
27.621
1,685.513
573.388
202.359
H 4.518
114.301
34.422

107.807
•28.068
1,672.762
S'*0,087
316,730
157.439
1“ 1.193
•20.737

lis.tso

35,811
1896.

R w l-

4

Nash. Chat. & St. Louis ... Gros®
478.611
Net
199.505
Pitta. Cln. Chic. M St. L .. G'oas L2H.3Y2
Net
*46.480
113.335
Pitts. Voanifit. A A sh ........ •Gross
Net
31.019
73,1*1
8aa Fran. 3t So. Pac........ 4rots
Net
30.085

■— October film in'!*. —
1895.
1894.

4

470.814
900.021
1.550 9 *7
435 948
190.539
95.267
62,6-0
34.396

4

425.918
171.923
1.3 *5,776
302.241
155.723
7L017
91.020
44.234

1803.

*

106.015
26.801
1,843,745
583.432
310.853
149.735
87,763

_____
1893

4

314.688
200,3*9
1.533.8*1
470 778
87,«2 4
35,332
81,88 i
84.732

899

pared with Friday of last week, at 4 8L4@4 81f for
long, 4 85@4 85£ for short and 4 85^@4 85£ for
cable transfers. Oa Tuesday the range for posted
rates was 4 82@4 83 for sixty day and 4 86(5)4 86£ for
sight. The tone was easy in the morning, growing
steady in the afternoon, and no change was made in
the rates for actual business. On Wednesday the range
for nominal rates was 4 82J@4 83 for sixty-day and
4 8G@4 864 for sight, and the tone was firmer. Rates
for actual business closed at an advance of onequarter of a cent for long and short, at 4 81£@4 82
for the former and 4 85£@4 8 5 | for the latter,
and of half a cent for cable transfers, at 4 86
@4 86+. On Thursday, though the range for posted
rates was 4 82£@4 83 for sixty day and 4 86@
4 86+ for sight, nearly all of the drawers main­
tained the higaer figures and the market was strong,
influenced chiefly by a demand for long sterling
for investment. Rates for actual business were half a
cent higher all around, at 4 82£@4 82+ for long, 4 85£
@4 86 for short and 4 864@4 86£ for cable transfers.
The market*on Friday was steady and closed without
any change in actual rates, but with the range for
posted rates 4 83@4 834 for sixty day and 4 864@
4 87 for sight.

Money on call gradually grew easier at the Stock
Exchange duriog the week, bankers' balances loaning
at 31 to -t per cent on Monday, at 3 to 4 on Taesday and
at 24 to 34 per cent after Tuesday, the average for the
week being about 34 per cent. Banka and trust com­
panies quote 4 psrce it as the minimum. Lenders on
time met the views of borrowers early in the week by
offering money at 4^ to 5 per cent for ninety days to
four months and at 5 per cent for longer dates. But
later time loans grew easier at 4@44 percent for ninety
days to four months and at 4£9-5 par cent for five to
seven months, and commercial paper was quoted at
4|@ 5 percent for sixty to ninety day endorsed bills
DAJI.T POSTED RATES FOR FOREION EXCHANGE.
receivable ; 5@5$ for firs; class and 5J@64 for good
single names.
FRI.,
MON.. T17IS.. W ed .. T h o r ..
FRI..
N ov. 13. Noil 16. Nov. 17. N »v. 18 N ov. 19. N ov. 20.
One feature of the Earopsan financial situation this
82*
82*-2
82-2 s
83
82M
88
(60 days.
86*
86
8(3
86
86*
week has been the large subscriptions to the domestic dr >«rn Bros....... ( SUrhu... W *
83
B »rtug
83
82*
8 2*
8 3*
j 60 days,
86
86
6 6*
87
Spanish loan, these amounting to 579,000,000 pesetas Maroon & Co.. t S ight-.. 8 6*
Rank British
82*
83
83
5 60 days.
83
(1116,000,000). The amount authorized was 400,000,86
86
86*
S o. America.. ( Sight—
86*
18“ S2*
S8X
83
J 60 days.
83
83
83
83
83
of
000 pesetas (#80,000,000), but the Government decided d-tnk
86*
-6 *
8 6*
8 6*
Montreal........ ( Sight....
86*
8 6*
82*
83
83
82*
•nallan Bank 160 days.
83
82*
to ask for only 250,000,000 (#50,000,000), reserving o f Commerce.. <Sight— 86
86
86*
8 6*
66
86*
8 2*
83
83
82*
83
Ick- ) 60 days.
82*
the remainder, for which there is no immediate U 3 e . Ueidelbucn,
84*
86
86
86*
ei Dernier A Co. 1 Sight—
86
86*
83
83
83
83
8
3*
i
60
days.
83
The success of the loin is regarded in Madrid as assur­ l-atard Kreres... 1 SUrht.... 86*
86*
to*
86*
87
8 6*
82*
82*
83
83
83
8 2*
Bk. i 60 days,
ing the ability of the Government to secure a foreign Merchant*’
86
86
66
8 6*
86*
80*
o f Canada....... f Sight....
loan should it become necessary. The Bank of
The market closed steady on Friday at 4 83@
England’s minimum rate of discount remains u n ­
4 834 for sixty day and 4 864@4 87 for sight. Rates for
changed at 4 per cent. The cable reports discounts of
actual business were 4 82+@4 82+ for long, 4 85f@4 86
six y to ninety day bank bills in London 3J per cent.
for short and 4 86+@4 86f for cable transfers. Prime
Toe open market rate at Paris is 2 par cent and at
commercial bills were 4 81£@4 82 and documentary
Berlin and Frankfort it is H per cent. According to
4 81@4 81J. The Bureau of Statistics at Washington
our special cable from London the Bank of England
has this week issued the statement of the country’s
gained £213,942 bullion during the week and held
foreign trade for October, and we give the figures below
£35,678,937 at the close of the week. Oar correspond
in our usual form.
ent farther advises us thatth* gain wis due to £392,000
F o r e ig n T r a d e M o v e m e n t o p t h e U n it e d S t a t e s .
net receipts from the interior of Great Britain and to
In the following tables three ciphers (000) are In all cases omitted.
— 1895. the export of £178,000, of which £170,000 were to
Exports. Imports.
Excess.
Bzp'irtt. Imports. Excess.
t
%
t
4
llerch ’ dia*. 1
Egypt and £8,000 sold in the open market.
20 4.374 195.159 + 7.215
Jan.-March. *210.099 197.575 442.521
IN 1.491 190.411 - 11.950
201.513 174.08) + 32.431
Tae foreign eichange m arket has been les3 active Ap!. Ju~
56,512 73.026 - 16,484
July...........
07.718 52.199 +-15,609
this week, and though rates for actual business fell on August....... IIS.601 49.468 4- 19.132
71.112 —15.132
55,080
58.640 65.305 - 6.765
85-132 50 817 + 34.275
Monday and were heavy on the following day, there wa3 September.
87,091 75,080 + 12.011
October...... 11 :*.385 50.373 + 03.012
arecovery in the tone in the afternoon, and on Wednes- fa ta l. .. 779.447 57*4402 + 200.985
645,018 676.123 - 31,105
ii-»y rates, except fnr cable transfers, were at the fig­ (io ld 30.621 14,109 + 16.512
13.134 '22.605 - 9.471
ures ruling on Friday of last Wiek ; Thursday nom­ .Jam-March.
2.561 +27,210
•29.101
4.6U 11.876 - 7,205
Apl.-June.
571 + 3.296
1.507 + 9.0)7
3,867
inal rates and those for actual business ad­ July ......... 10.601
1,534 + 15.133
! 6.067
1.970 4,058 -2 031
a utrust. ..
vanced, the latter half a cent, chiefly in re­ Saptember.
17,424
750 + 16.074
61 3 1,160 - 34,093
1.874 1,797
+77
27,962 - 27.619
313
sponse to a demand for long sterling for invest­ October___
75.004 30.037 + 44.427
92
.*5l - 30,937
55.914
Total.
ment, encouraged by the low rates for money ruling s»l 1v er.
1,003 + 9,012
3 822 + 11.458
10.618
here and the comparativdy high discouut rates in Jau.-March. 15.28)
13,28)
2.707 + 10.573
2.123 + 12.525
Apl.-June .
14.644
772 + 4,042
London, which gave promise of profit in holding long July ........
4.814
819 +4.(M1
5.70J
4,551
1,115 + 3.439
929 + 4,347
August. ...
5.276
sterling until it ran to short. Bankers reported that September.
1.780
+ 3.619
3.399
742 4-4.792
5.5*4
+ 3,906
4,951
1.332 + 3,202
888
4.7P4
hold-over bills, or those bought previous to the elec­ October. ...
9,372 + 33.887
9.313 + 41,893
43,259
rota.
.>1,235
tion for insurance agaiast los3, were comiog in more
M old in Ore.
285
253
+27
358
-328
freely, and it was thought that nearly all of them Jan -March.
31
-540
573
-394
33
420
26
Apl.-Juoe..
had been placed. Tne range for posted rates on July
-173
172
—189
102
....
23
........
-126
129
-230
3
282
2
Monday was 4 82£'<£4 83 for sixty day and 4 86@ August.....
-109
5
17
4
-155
1
8
8
33
September.
4 86^ for sight. For actual business the market closed October.....
-200
—210
14
214
235
25
340 1,520 - 1,180
1,595 —1,450
at a decline of ooe quarter of a cent all around, com­ Total......
139

THE CHRONICLE.

900
Exports.
S i l v e r in O r e . ?
192
Jan.-M arch.
115
A p l.-J u n e ..
34
J u l y ............
A u g u st........
25
Septem ber..
169
179
O otober.......
T o ta l........

744

+ HJxoeaaof ex D orts-

1 8 9 6 .----------------- .
Imports.
Excess.
%
*
—1,090
4,291
4,559
-4 ,4 1 4
1,804
-1 ,7 7 0
1,350
—1,825
1,238
—1,0€9
1,451
—1.272

,----------------1 8 9 5 .---------------- Exports. Imports.
EXC 88.
*
t
2.877
—4.877
3,201
-3 ,1 6 5
36
-9 5 5
955
—1,086
26
-9 4 5
983
38
-1 ,0 7 9
1,179

14,693 -1 3 .9 4 9

10,307

8

1,112

100
200

- V O ,107

— E x c e s s o f i m p o r ts .

The following statement gives the week's movements
of money to and from the interior by the N- Y. banks.
Received by Shipped by
N .F . Banks. N .T . Banks-

Week E nding Nov. ZO, 1896.

© o ld ....'...................................................

$6,924,000
1,117,000

N et Interior
Movement.

$3,222,000 Gain.$3,702,000
289,000 Gain. 828.000

T o tal gold a n d le g a l te n d e rs ........ $8,041,COO $3,511,000 Gain.$4,530,0C0

Result with Sub-Treasury operations, etc.
Week E nding Nov. 20,1896.

In to
Banks.

B an k s’ in te rio r m o v em en t,as above
U nb-Treas. o per’tn s an d gold im p ’ts

18.041.000
10.400.000

N et Change in
B ank Holdings.

Out of
Banks.

$3,511,000 Gain.$4,530,000
13,400,000 Gain. 3,000,000

T o tal g old a n d le g a l t e n d e rs ....... $24,441,000 $16,911,000 G ain.-7,530,000

Amount of bullion in principal European banks.

E n g lan d ........
F ran c e ...........
G erm any*...
A uat.-H nng’y
S pain..............
N e th e rla n d s .
Nat.Belgium*

Gold.

Silver.

Total.

Gild.

Silver.

lo ta l.

£
35,678,937
77,260,503
28,134,667
30,490,000
8,528,000
2,635,000
2,659,333

£

£
35,678,937
126,509.033
42,202,000
43,(57,000
18,179,000
9,356,000
3,989,000

£
41,540.043
78,178.682
30,967,530
22,726,000
8,004,000
4,165,000
2,744,000

£

£
41,540,043
127,461,564
45,980,000
35,604,000
18,834.000
10,941,000
4,116,000

.........

49,248,530
14,067,333
12,567,000
9.651,000
6,721,000
1,329,667

49,282,*82
15,012,470
12.878,000
10,830,000
6,776,000
1,372,000

ToL thia week 186,386.440 93.584,530 278,970,970 188,325,255 90,151,352 284,476,007
T o t.p re v .w ’k 184,645,009 93,488,753 278,133.762 187.468,097 96,097,660 283,565,757

N O TH IN G
FO R

SHOULD H IN D E R U N IO N
C U R R E N C Y REFORM .

Some writers have had difficulty in accounting for
higher rates for foreign exchange following the elec­
tion. That movement has been wholly natural. Gold
imports considerably in excess of tn d e requirements
had been stimulated by a substantial premium to
satisfy the hoarding disposition, and to such an extent
that London fully expected a return of the metal as
soon as the 3d of November had pissel. A return
would have set in had not our foreign trade continued
so decidedly in our favor. As it was, instead of a
reversal of the gold movement, merely a stronger
exchange market was the outcome. Now at length
even the advancing inclination appears to have
about spent itself, rates having again given evi­
dence of a declining tendency, though as the week
closes a firmer tone has been noticeable, due to a tempor­
ary special demand for investment.
The truth is, the market’s surroundings include a
condition of our trade with the outside world so favor­
able that the large imports of gold referred to must,
we may assume, by this time have been substan­
tially covered; moreover the current exports of
merchandise will soon, it would seem, produce
another trade balance which will have to be
settled for with a further movement of that metal or
of capital. What the extent i3 of the merchandise
exports now in progress may be gathered from the out­
flow in October and previous months of 1896 just made
public by the Bureau of Statistics. It appears that the
total in October reached $113,385,497, which, accord­
ing to our record going back to 1873, is the largest
(with the single exception of December 1891, when it
was $119,935,897) reported for any previous month
within the period mentioned. Again the imports of mer­
chandise were also during October phenomenally small,

V ol LX III.

beiDg $50,373,675, so that the merchandise balance in
favor of the United States for that single month was $63,011,822, which the record we keep shows is the largest
merchandise balance in favor of the United States in any
month since 1873, making the favorable balance for the
first four months of the current fiscal year (July 1 to
October 31) $132,028,000, also ths largest in our tables
for the same four months. Finally, if we carry the
compilation back to January 1 1896 the merchandise
balance will be found to be the largest for the ten
months ending with October 31 1896 (when it was
$206,985,482) that it has been for the same ten
months of any calendar year since 1878, and with that
exception probably larger than it has ever been. I t is
in point also to add that this feature of our trade is
not only continuing in November, but is, we are led to
believe, progressing in even greater volume, if the
New York City movement for the two weeks ending
with the 14th instant is a correct indication.*
Situated as this country is with reference to its cur­
rency and its incipient business revival, these facts are
highly important and gratifying. We must remember
though that they, of course, do not represent a permai ent or a wholly normal or a strictly healthy condition.
The net balance, so far as the small imports enter into
the calculation, is evidence of the intense strain and
struggle we have passed through, and is a curative state
which that strain has produced; the exports also no doubt
have been in some measure added to by reason of the
curtailed home consumption of our products and the
consequent depression in prices. Chiefly however
the increase in the exports is known to be a result
of our large crops and of the special foreign de­
mand for our food products. Altogether, regardless
rf how the favorable balance has been secured, that
balance is, as we have already said, highly important and
gratifying. It is so because for the time being it
imparts peculiar strength to our financial situation and
gives us the opportunity to rectify the evils from which
we have been suffering for three years so acutely, and
to some extent ever since we resume 1 gold payments.
What we need now more than all things else is a period
free from these harassing influences and of long enough
duration to model a sound currency system for the
country. Just that our trade conditions are to day
offering us.
Shall we improve the opportunity ? This question,
according to our view, concerns tbe matter of most
serious import of all the issues which are at present be­
fore the people, or have been before tie people for
many a year. Not only does the trade condition make
*’ A s o u r r e a d e r s m a y d e s ir e t o se e th e t r a d e fig u re s of n e t m e r c h a n ­
d is e b a la n c e f o r 1 0 m o n th s a n d fo r 4 m o n th s e a c h y e a r s in c e 1 8 7 3 , w e
g iv e th e fo llo w in g , w h ic h is m a d e u p fr o m th e r e c o r d w e k e e p o f th e
G o v e rn m e n t’s m o n th ly fig u re s. I n t h e p re v io u s a r tic le , u n d e r t h e p a r a ­
g r a p h o n fo r e ig n e x c h a n g e , w e p u b lis h o u r u s u a l d e ta ile d c o m p ila tio n
f o r t h e m o n th o f O c to b e r, e tc .
EX C ESS O F M E R C H A N D ISE IM PO R T S O R E X P O R T S .

1 0 m o n th s e n d in g Oct. 3 1 —
1874
...lm p o r ts .$ 2 3 ,7 9 4 ,0 8 1
1875
....Im p o r ts . 3 5 ,7 6 8 ,3 5 5
1876
....E x p o r ts . 9 3 ,6 4 9 ,9 4 1
1877
....E x p o r ts . 7 1 ,9 9 1 ,4 8 9
1878
....E x p o r ts . 2 3 7 ,6 6 5 ,6 5 1
1879
....E x p o r ts . 2 0 1 ,4 4 3 ,1 9 3
1880
....E x p o r t s . 1 0 5 ,4 6 2 ,4 9 1
1881
... E x p o r ts . 1 3 0 ,2 0 1 ,9 2 2
1882
... I m p o r ts . 4 4 ,1 1 3 ,0 7 6
1883
... E x p o r ts . 6 3 ,2 1 4 ,8 6 6
1884
...E x p o r ts . 3 7 ,3 3 8 ,1 5 2
1885
.... E x p o r ts . 6 1 ,4 6 8 ,8 2 3
1886
.... E x p o r ts .
2 ,2 3 5 ,9 3 0
1887
.... I m p o r ts . 3 0 ,2 9 0 ,8 7 0
1888
.... I m p o r ts . 8 1 ,3 2 2 ,8 3 7
1889
.... I m p o r ts . 1 5 ,1 3 7 ,5 8 6
1890
.... I m p .r te . 2 8 ,3 1 5 ,1 6 8
1891
.... E x p o r ts 4 6 ,4 8 7 .8 0 0
1892
.... E x p o r ts . 4 5 ,0 6 5 ,4 5 9
1893
.... E x p o r ts . 1 3 ,8 3 6 ,6 6 0
1894
.... E x p o r ts . 9 6 ,6 6 1 ,3 6 9
1895
.....I m p o r ts . 3 1 ,1 0 5 ,^ 4 5
1896
.... E x p o r ts .2 0 6 ,9 8 5 ,4 8 2

4 m o n th s e n d in g Oct. 3 1 —
1 8 7 4 ................ I m p o r ts .$ 2 9 ,3 1 8 .2 4 0
1 8 7 5 ............... Im p o rts . 1 3 ,9 7 3 ,1 4 3
1 8 7 6 .................E x p o r ts . 4 3 ,5 8 6 ,1 5 8
1 8 7 7 ............... E x p o rts . 3 4 ,0 9 5 ,0 7 6
1 8 7 8 ...............E x p o r ts . 8 1 ,8 1 1 ,1 1 6
1 8 7 9 ...............E x p o r ts . 8 6 ,4 0 6 ,5 8 2
1 8 8 0 ...............E x p o r ts . 7 4 ,2 9 8 ,9 9 7
1 8 8 1 ...............E x p o r ts . 3 2 ,2 0 1 ,9 5 6
1 8 8 2 ...................I m p o r ts . 4 ,6 7 6 ,0 4 6
1 8 8 3 ...............E x p o r ts . 1 7 ,1 3 1 ,8 4 7
1 8 8 4 ............... E x p o r ts . 2 6 ,5 8 2 ,3 1 7
1 * 8 5 ...................E x p o r ts . 6 ,1 5 5 ,1 3 0
1 8 8 6 ...............E x p o r ts . 3 ,2 1 4 ,6 6 8
1 8 8 7 ................Im p o rts . 3 ,2 0 0 ,7 4 3
1 8 8 8 ...............E x p o r ts . 1 9 ,7 4 7 ,5 3 7
1 8 8 9 ............. .E x p o r ts . 1 5 ,5 1 7 ,6 7 0
1 8 9 0 ............... I m p o r ts . 9 ,5 9 3 ,8 0 5
1 8 9 1 ............... E x p o r ts . 5 9 ,7 4 9 ,3 7 1
1 8 9 2 ................im p o r ts . 2 ,3 5 9 ,9 5 3
1 8 9 3 ............... E x p o r ts . 8 2 ,6 3 6 ,6 8 1
1 8 9 4 ...............E x p o r ts . 2 8 ,1 7 5 ,2 9 7
1 8 9 5 ............... I m p o r ts . 2 6 ,3 7 0 ,0 1 0
1 8 9 6 ............... E x p o r ts . 1 3 2 .0 2 8 ,0 0 0

N ovkmbeb 31, 1896.]

THE CHRONICLE.

an effort at this moment timely, but otherwise we are in
excellent shape to improve the occasion that favor­
able balance evokes. The thought we have in mind
has been embodied in a toast at the Chamber of
Commerce dinner Tuesday night, to which Mr. Boa>ke
Cockran so eloquently responded. That toast read that
“ The forces of patriotism must not disband while a
patriotic duty remains to bs performed.” Mr. Cockran
gave the suggestion his earnest approval, and in some
measure sought to show how the different elements
which combined for Major McKinley’s election “ could
be welded into one co-operative harmonious force for
the success of his Administration.” He asked, “ How
are the fruits of this great victory to be harvested, if I
may use the words which have been uttered by the dis­
tinguished Postmaster General ? Can we afford to
disband the forces of order while the forces of disorder
are still in the field, being marshalled by their defeated
leader for a new assault upon credit and upon indus­
try ? Can we afford the luxury of political divisions
as to the administration of the Government when the
existence of the Government is imperilled ? Can we
afford to quarrel about systems of laws while the moral
law itself remains a feature in American politics ? I
believe it is the duty of all the men who contributed to
win this victory to contribute now to the harvesting of
its fruits.”
Can any one object to such a sentiment as that ?
But Mr. Cockran went farther, and we trust he will
carry with him the large body of independent voters
that helped to win the victory on the 3d of November.
He expressed the opinion that the proper course for
every one to pursue was to strengthen the hands of the
President-elect in any financial policy he may adopt.
"Unless we put full power into his hands, we cannot
impose full responsibility upon his shoulders.” Coming
to specific acts, he said we are “ confronted with the
necessity of raising revenue at the very threshold of
this Administration. Shall we show to the world the
spectacle of a government compelled to borrow money
for its daily expanses while it rules and administers the
business of the richest and most powerful people
in the world ? • • * That question mast be met,
and for mv part I am ready to concede the right of the
majority to fix the means by which it shall be met. I
would deplore as the greatest disaster that could over­
take this country the spectacle of the President of the
United States elected on a platform of sound money
forced to bargain with the silver Senators for the pass­
ing of the legislation necessary to support the Govern­
ment of the United States. * * * Let him be given
the needed powers without any conditions whatever
except the responsibility which he owes to the people,
who will judge his Administration at its close by the
fruits which it shall have borne.”
Mr. Cockran also throws out another suggestion,
although he does it with hesitation and with appar­
ent misgivings; and yet while he fears it i3 likely to b3
rejected, he expresses the hope that it will serve to
"scatter seed which will flower in substantial fruit.”
His idea is that evea the tariff issue sbouli be compro­
mised to pave the way for a union on the financial
legislation which is needed. With the tariff issue
settled in a spirit “ of compromise and amity, the one
issue which tnreatens to split the successful triumph­
ant force into factions would pas3 from the region of
practical politics, and together, as a united, irresistible
body, we could address ourselves to the problems of the
currency and to those problems of social discontent to

901

which my friend the Postmaster General has so elo­
quently alluded.”
Coming back then to the thought with which we
started, may we not say that the people have to-day
at their command a marvellously favorable opportunity
for settling the currency question in this country for
all time. Our foreign trade invites action. We passed
through in this respect like surroundings in 1878 and
1879, when a similar work was pressing, and they
proved jast the conditions needed at that critical
juncture. Moreover, the gold reserve favors action,
for it is larger now than it has been since
May 1892. According to the Government fig­
ures of November 1 1896 the gold coin in the
country was 8624,017,484 and the gold bullion $47,617,328, making a total stock at that date of $671,664,812. Since November 1 the imports of that metal
have been about $5,000,000. Hence, including the
net production, the total stock at the present time
can not be far from $679,000,000. It was reported to
be $680,438,794 on the 31st day of May 1892, nearly
4-£ vears ago, and has been less than it is now according
to the Treasury record every month since that date, and
a large portion of the time very much less. It is reas­
suring to know also that if more gold was found neces­
sary our trade conditions would enable us to secure
whatever might be needed.
Finally, the existing relation of parties, as Mr.
Cockran said, incites action. For the time being they
stand in unique position ; probably not more than
twice before have they been so nearly at oae on the
controlling issue of the hour. What a chance this situ­
ation presents for those who have recently voted
together to make their action so effective in perfecting
financial legislation as to mark a new epsch, may we
not say a new birth, in the life of the nation. It is a
highly critical period. Shall we finish the wirk so
well begun or leave it to plague us again ? SiaU his­
tory say of us that we were almost equal to the occa­
sion—but not quite ?
THE BALTIMORE & OHIO REPORT.

The Baltimore & Ohio management are to be com­
mended for issuing a complete annual report, the same
as usual. It generally happens that where a property
is placed in receivers’ hands, as has been the case
with the Baltimore & Ohio, the reports are for a longer
or shorter period discontinued. The result is that at
the very time when security holders are mo3t in need
of Liie information contained in the reports, they are
left helpless, without anv facts to guide them in their
judgment or action. To say that this is unfortunate
and to be regretted, is to speak mildly. Hence the fact
that in the Baltimore & Ohio case Mr. John K. Cowen
(who is both President of the road and one of its re­
ceivers) has pursued a different course deserves more
than a passing notice.
We are glad to see too that the accounts and opera­
tions cover the full twelvemonths. Very frequently the
results are divided up, the company reporting for the
period while it was in control and the receivers for the
rest of the term, destroying much of the value of
the statements and sometimes rendering difficult com­
parisons with previous yea's In this instance Mr.
Cowen alludes to the fact that the company, having
been unable to meet its liabilities, on March 1 passed
into the hands of receivers, but adds that it has
been deemed proper to continue the regular annual

902

THE CHRONICLE.

statements, and therefore the report covers the
operations of the entire fiscal year both prior
and subsequent to the receivership—which is
as it should be. We may note, furthermore, that the
stockholders at their annual meeting this week also
authorized the publication of the report of Mr. Stephen
Little, who, as will be remembered, made an examina­
tion of the books and accounts of the company imme­
diately after the appointment of the receivers. The
report is now being printed, and it is expected will be
ready for distribution within a week or two. Saeurity
holders and the public will thus ba placed in possession
of all the facts in the case.
Until Mr. Little’s rep ort appears it will of course
be impossible to form any definite opinion regarding
it; but those who ought to know say that there will be
some favorable features in it. As we hear, it will
show on the one hand that dividends on the company’s
stock ought not to have been paid, but on the other hand
will also show that the fixed charges were earned in all
the years, according to very strict methods of account­
ing. This latter, besides being a welcome, is likewise
an encouraging, fact. A further gratifying feature has
been developing ever since the receivers have been in
control, namely the facility with which it has been
found possible to extend and enlarge the road’s
business. Indeed, the way the gross revenue of
the system has been added to in recent months,
in face of adverse business conditions, has been a very
agreeable surprise. It suggests that while the late
management gave perhaps adequate and possibly undue
attention to other things, it did not avail in full of the
opportunities for developing the road’s traffic. This
discovery of course makes the outlook brighter than
had been thought possible, and opens up new possibili­
ties for the future. In view of that fact it does not
seem likely that a plan for the reorganization
of the property is within the probabilities of the early
future. It appears to be everybody’s desire to see what
the property can do under the new conditions and
management, over a fair period of time, before consid­
ering plans for its financial rehabilitation. Indeed,
this work cannot be intelligently undertaken until the
capacity of the system for creating and acquiring busi­
ness has been fully tested. We should not be surprised
if a whole year were allowed to elapse before an effort
were made to formulate a reorganization plan.
The company’s report is for the fiscal year ending
June 30 last. It shows a surplus of $127,505 above all
charges (amounting to nearly 7^ million dollars) for
the twelve months, though of course not including
dividends on the preferred stocks or payments made to
retire bonded and other indebtedness. That this is, all
things considered, a very s itisfactory showing will ap­
pear as we proceed. Of course no one needs to be
told that the latter half of the year, that is the six
months from January to June, covered a period of
great industrial depression throughout the United
States, in which therefore the conditions were decid­
edly unfavorable for an ordinarily full volume of traf
fic. But in addition a good many special circum­
stances operated to reduce net results on the Balti­
more & Ohio. Some of these were only transient,
others permanent in their influence, but all have an
important bearing both as regards the future and as
explaining the changes from the previous year.
As against the $127,505 surplus above charges for
1895-96 the surplus for 1894-95 had been $1,709,681.
This is a falling off of $1,582,176. How is the differ­

[v o l .

l x h i.

ence accounted for? The answer to that question will
bring out all the peculiarities in the accounts and re­
sults for both years. We find in the first place th a t
there has been an augmentation of $443,211 in the
fixed charges. Before explaining this augmentation
it will be well to point out that the statement
of the fixed charges is a complete account of
everything the company was obligated to pay as
a fixed charge during the twelve months, whether it
was paid or not. The increase of $443,211 over the
year preceding is referable mainly to the fact thatinterest on the Baltimore Bait line mortgage, amount­
ing to $300,000, appears in the accounts for the first
time and to the further fact that there was an increase
of $165,563 in interest on floating debt, discounts,.
&o. Interest on receivers’ certificates is given as a
separate item in the fixed charges, and counted for
only $20,000 in the year’s total—said interest having
accrued for only one month.
Besides the heavier requirements for charges it is
found that the “ income from other sources’- fell off as
much as $558,671. Two items explain the bulk of the
decrease. It appears that $320,000 of the previous year s
income under that head was merely a bookkeeping
item, representing the increase of the book value of
certain properties taken in at a profit. Then there
was another exceptional item in that year’s income,
this amounting to $149,000 and representing the profit
derived on the sale of bonds for the payment of the
Baring loan due March 1 1895.
We come now to the most important difference of
all, namely the diminution of $654,777 in the net
earnings from the operation of the road. The signifi­
cance of the decrease here lies in the fact that ic has
occurred notwithstanding an increase of $1,127,599 in
gross earnings. In other words, operating expenses
increased in the large sum of $1,782,376 (11 per cent)..
It is this augmentation, therefore, of I f million
dollars in operating expenses that furnishes the
key to the year’s results, Examination of the
accounts shows that $920,488 of the increase isdue to increased cost of maintenance of equipment.
At the time the receivers took control of the
property there were about 5,000 freight cars on side
tracks awaiting repairs and more than 35 per cent of
the freight engines, we are informed, were unable
to move a wheel, and a large proportion of the passenger
engines were in the same condition. When the re­
ceivers made application to Court for permission toissue receivers’ certificates they estimated that $1,460,749 would be required to place the equipment in
thoroughly good condition, including $409,851 to equip
cars with air-brakes and automatic couplers to comply
with the acts of Congress. At the same time it was
estimated that $990,000 would be required for new steel
rails, renewals of bridges and for tunnels and masonry.
The larger part of the extra equipment outlays
should have been made in previous years and charged
to the accounts of those years. It is not possible of
course to tell exactly how much of the increased cost
was due to the condition in which the equipment was
found by the receivers and in which it had been left
from preceding years, but we are informed that Mr.
Cowen estimates that the sum exceeds $500,000. We
also hear that the 1896 expenses include $150,000 of
suspended expenses due to the year 1895, the two to­
gether amounting to $650,000. It is proper to state
that during the year the company also charged to profit
and loss account $461,409 for equipment put out of:

THE CHRONICLE.

November 21, 1896.]

903

service. At the same time the construction expendi­
It will be observed from the foregoing that the gain
tures aggregated #509,127. Part of the money for this in gross earnings for the September quarter amounts
latter the company was able to obtain from capital ac­ to the large sum of #461,781; and that for October
count, but nearly #300,000 of the amount could not be from approximate returns which are certain to prove
met in that way. Assuming then that the extraordi­ too small, it is estimated that there was a further gain
nary expenditures for maintenance of equipment were of #103,000. It is safe to say that when the final result
#500,000 and adding the #150,000 of suspended ex­ for October is known, the gain for the four months will
penses from 1895, we have $650,000 which was not reach fully #600,000. Such a result is nothing less
fairly chargeable to the expenses for the year. With than remarkable. For the depression in trade and
this eliminated the surplus for the year would be industry became steadily more pronounced during this
•777,000, instead of #127,000—a sum sufficient to re­ period, and no class of roads felt the influence of that
store the destroyed equipment amounting to #461,000 fact more than the coal-carrying roads. Practically
and to pay the whole of the #300,000 expended for im­ the Baltimore & Ohio stands alone in showing such
provements for which no new capital provision existed. excellent results among the roads of its class. The
In the current or new fiscal year the extraordinary Pennsylvania, its powerful neighbor, for July reported
expenditures for maintenance of equipment will con­ I #526,900 loss in gross on its Eastern and Westernlines,
tinue large, because the work in that direction has not for August #1,717,400 loss and for September #1,436,yet been completed, and there will be, it is expected, a 600 loss. The improvement on the B. & 0. has been
very large increase in the expenditures for maintenance established in the face of a loss of about #4,000 per
of way and structures, as quite a good many bridges, day on the Pittsburg division and its affiliated lines.
both upon the main line and the Pittsburg division, are
The management holds out the hope that the com­
now being renewed ; in addition the receivers have pany will be able to earn an average cf #2,250,000
found themselves obliged to spend considerable gross per month through the winter months, when
amounts for steel rails, ties and ballast. The receivers ordinarily there is a great falling off. The grain traffic
count on gains in earnings sufficient to meet these out­ is regarded as assured up to next May, and then also
lays. At the same time there is no likelihood that the the lines through the iron and coal districts should do
company will be able to provide also from earnings for a great deal better than they have been doing in all
certain very necessary improvements whose aggregate recent months ; in fact the condition of the iron, coal,
cost will reach a large sum. It follows, therefore, that coke and general manufacturing business along the
a portion of the fixed charges must remain unpaid, the Pittsburg division was never worse in the whole his­
earnings being diverted for the purposes mentioned.
tory of the road than during recent months, and any
We have state! above that the traffic of the system change mnst be for the better. Should the expecta­
was being developed in a very satisfactory wav. Ev­ tion of gross of #2,250,000 per month be realized, the
idence of this is# furnished in the fact that the gross earnings for the twelve months would be #27,000,000.
revenues were increased in the late year #1,127,599, In the late year the total was not quite 24 million
notwithstanding the unfavorable trade conditions pre­ dollars—#23,944,781.
vailing. Parenthetically we may remark that a falling
What the net will show is of course a different
off of #389,189 in the miscellaneous receipts which matter. For the three months to September 30, it will
form part of the total earnings has no significance. In be seen, there is a loss of #223,749, notwithstand­
the previous year these miscellaneous earnings included ing the gain of #461,781 in gross, expenses having
an arbitrary charge for the ferry at Locust risen nearly #700,000. The reasons for the larger
Point, which charge is now absorbed and forms expenditure have already been given. In July and
part of the freight earnings. As showing the August the increase resulted mainly from enlarged
growth of the road's business it should be observed that expenditures for maintenance of equipment. In Sep­
the tonnage moved in the late year aggregated 17,861,- tember the outlays for maintenance of way were un­
927 tons against 16,080,423 tons in the year preceding, usually heavy, due to very large purchases of rails in
and was the largest, without any exception, in the that month. The Baltimore & Ohio does not pursue
the system followed by some roads of apportioning
road’s history.
What is particularly noteworthy about the #1,127,- their rail purchases over the twelve months, but they
699 gain in the revenues for the twelve months is that go into the month in which the expenditure is made.
nearly half of it was made in the last four months There were also largely increased expenditures during
-during the management by the receivers, when practi­ the three mouths for ties, ballast and bridges.
As regards the company’s finances, the need for a
cally every leading condition was unfavorable, and
when we should have expected a falling off rather than readjustment is of course clearly evident. There were
an increase in revenues. Thus in March gross earn­ June 30 #4,000,000 of receivers’ certificates outstand­
ings gained #100,908, in April #216,747, in May ing, besides #4,895,811 of special loans and bills pay­
#40,054 and in June #166,440, making an addition for able. In addition the company was endorser for the
Pittsburg & Western to the amount of #2,226,000 and
the four months of #524,149.
Moreover, the improvement has continued through for the Baltimore Belt Railroad to the amount of
the present fiscal year without interruption up to this #1,300,000. The ordinary liabilities were also large,
very moment. Here is a statement of the earnings by though offset by equally heavy assets in current account.
months since the 1st of July.
BALTIMORE 4 OHIO.
O pr r a t i n g e x p e n .-* ,— - Y e ) earnings .—

,— G ro u t e a r n i n o t .—s

1996.

•

1895.

s

e

1896.

e

1895.

2,18-1,295 1.910,801 1,672,713 1.403.608
A n a . 2,298.357 2,241,192 1,635,017 1,410,852
ftorpt.. 2,292.931 2,132,506 1,629,369 1,407,109

July.

1896.
5 ll.5 8 2
6 6 3 ,3 4 0
6 6 3 ,5 6 2

1895.

$

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

T ota l. 6,7*9.58) 6.317.902 4,937,099 4 ,2 5 1 ,5 6 9 1 ,8 4 2 ,4 8 4 2 ,0 6 6 ,2 3 3
Oet.. . *2,373,257 2,270,346
................................................................
* A p p ro x im a te , a n d p r o b a b lj to o s m a ll.

INTER-STATE COMMERCE COMMISSION
AND RATES TO SOUTHERN POINTS.

The Inter-State Commerce Commission has sustained
another reverse in the courts. The year has been un­
usually prolific in important decisions defining and
limiting the powers and functions of the Commission.
d

904

THE CHROJN1CLE.

The Commission has often complained in its annual
reports, and with reason, of the great delay experi­
enced in securing decisions in the courts, as a conse­
quence of which cases involving questions of the high­
est moment regarding the construction of the InterState law remained tied up, leaving the outcome
in dou
But latterly quite a number of lead­
ing issues have been disposed of either in
the lower or [the final courts, and when the Commis­
sioners write their next annual report the coming
month they will have a clearer idea of their
position, even if the decisions have been mostly not to
their liking.
Last March the United States Supreme Court de
aided that witnesses cannot shelter themselves behind
the plea that their testimony might incriminate them,
and previously the Court had ruled that the powers
of the courts can be used to enforce the process of the
Commission. The rulings in these casqs of course
tended to strengthen the hands of the Commission.
In April the Court rendered its opinion in the case
of the Cincinnati New Orleans & Texas Pacific vs. the
Inter-State Commission—commonly known as the Social
Circle Case—involving the construction of the long-andshort haul-clause of the Inter-State act, and also gave
an opinion in the case of the Inter-State Commerce
Commission vs. the Texas & Pacific Railway Company,
concerning the right of the railroads to accept a lower
rate upon import traffic shipped on a through bill of
lading from a foreign country than upon domestic
traffic carried over the same road to the same point of
destination.
In the Social Circle case the Court upheld the Com­
mission in its contention regarding the long-and-short
haul clause but overruled it in its attempt to prescribe
rates—the latter a point of far-reaching effect and
which has since controlled the actions of the courts in
a great many other decisions. In the import cases the
ruling of the Commission was entirely reversed. In
May Judge Acheson in the United States Circuit
Court for the Eastern District of Pennsylvania, fol­
lowing the rule laid down by the Supreme Court in the
Social Circle case, dismissed the petition of the Com­
mission in the complaint of Coxe Bros. & Co. against
the Lehigh Valley, where the Commission had sought
to fix rates on anthracite coal. Now the Commission’s
petition regarding rates to Southern points from Chi­
cago and Cincinnati has also been dismissed in the
Circuit Court for Ohio.
"While the point at issue in this last case was not
greatly unlike that raised in other cases, the action
itself was one of considerable consequence, and more
than ordinary interest was felt in tbe outcome. It
was a case, too, where, considering the naked question
of differences in rates between important sections of
the country, the merits of the controversy were not
very easy to determine. In other words, there was a
good deal to be said on both sides of the question. We
discussed the matter at length when the Commission
rendered its decision, and an editorial article on the
subject was given in the C h r o i t c c l e of July 7 1891.
While we did not approve of the order of the Commis­
sion, it seemed to U3 that the Board had in this
instance treated the issue raised in a broader way than
was their wont, and that their presentation and analysis
of the facts bearing on the case showed an appreciation,
even if only partial, of the complex nature of the
problem and of the difficulties attending attempts at
its solution.

[V ol . LX1II.

There were really two cases. One wa3 the complaint
by the Cincinnati Chamber of Commerce, the other
was the complaint by the Chicago Freight Bureau. Both
involved the question of rates to Southern points from
Cincinnati and points north. It appeared that on
through shipments from Chicago via the Ohio River
crossings, it was not the practice to pro-rate but to
charge the sum of the rate north of the Ohio River
plus that south of the Ohio. As a consequence
tariffs from central territory to Southern points on
articles of merchandise and manufactures were higher
than the tariffs from the Eastern seaboard to the same
points in the South, discriminating unjustly, it was
claimed, in favor of manufacturers herein the East and
8gainst those in central territory. The preference
existed only as regards the numbered classes of freight,
which cover articles of merchandise, &c. In the case
of the lettered classes, covering products of the soil,
the differences were in favor of the central territory
and against the East.
It was claimed that this arrangement of the rates
was the result of an agreement made years ago by
which Eastern lines and Eastern territory were to have
the traffic in merchandise and manufactured articles,
and Western roads and Western territory were to have
the traffic in food products and the like. The evidence
tended to show that back in 1878, some such agree­
ment as this, ensuring to each section an advantage in
its own classes of goods, did control rates, and that the
basis of making rate schedules had not undergone any
substantial change since then. However, the roads
did not seek to justify the discrimination in favor o:‘
seaboard territory on any such ground. They con­
tended, rather, that water competition along the sea­
board was the controlling factor in the fixing of the rates
and accounted for the lower charges here in the East.
The Commission found that this contention of the
roads as to the influence of water competition was
sustained by proof. Their conclusion was, however,
that the existing disparity ia rates was too great.
This view it is proper to say coincided with that held
by some other observers. Circumstances regarding
trade in manufactured articles have greatly changed
within recent years. There are now large manufactur­
ing interests in central territory, where in 1878 there
were hardly any, and hence there has been a feeling that
sooner or later an adjustment of rates between Eastern
and Western manufacturing districts would have to be
made. Railroad men themselves are by no meansagreed that, the old basis of rates, when applied to the
present conditions, is equitable and correct. Of course
it has not been claimed that Western Territory is en­
titled to the advantages belonging to Eastern Territory
by reason of ocean competition, simply that apart from
any such consideration manufacturers in the West
should be given more favorable terms.
But though all this was true, the action of the Com­
mission was nevertheless open to criticism. The
new schedule of charges which it sought to enforce
was wholly arbitrary. Then it was by no means clear
that this new schedule would furnish a remedy for the
situation complained of. The order of the Commis­
sion wa3 also objectionable because it was the assump­
tion by the Commission of a prerogative which within
proper limits ought to belong to the railroads, the Com­
mission having no fitness for the task. Finally, there
was nothing in the Inter-State Act to sustain the view
that the Commission had been clothed with rate-maki jg powers and functions. It is on this latter ground

November 21, 1896.J

THE CHRONICLE.

905

that the petition of the Commission to have its order so as to give undue preference or disadvantage to per
enforced has now been dismissed.
sons or traffic similarly circumstanced, the Act to Reg­
The present decision is by Judge George R. Sage, of ulate Commerce leaves common carriers as they were
the United States Circuit Court for the Southern at the common law.” That is, it leaves them “ free to
dis'rict of Ohio. The case first came up before Judge make special contracts looking to the increase of their
William H. Taft in the same circuit. When it business, to classify their traffic, to adjust and appor­
appeared in July 1894, from a notice filed with the tion their rates so as to meet the necessities of com­
Commission by the Louisville & Nashville, that the merce, and generally to manage their important inter­
road intended to disregard the order of the Commis­ ests upon the same principles which are regarded as
sion, several Cincinnati firms applied to the Circuit sound and adopted in other trades and pursuits.”
Court for an injunction against the road. Judge
Taft, in accordance with thi3 prayer issued a tempor­
RAILROAD N ET EARNINGS F O R
ary restraining order, with leave, however, to apply
SEPTEMBER.
for a dissolution of the order either to District Judge
Our
statement
of
net earniags this time covers the
John W. Barr, at Louisville, or to Circuit Judge
month
of
September
and the nine months ending with
Horace U. Lurton at Nashville. The company took
September,
the
latter
including a good many roads
the case before Judge Lurton, who, after hearing,
which
make
quarterly
but
not monthly returns. The
dissolved the injunction, though without going into
the merits of the case. The Chicago complainants did results are about as expected, the comparison for Sep­
not take any part in these later proceedings, and sub­ tember, though showing a I033 in both gross and net,
sequently the Commission itself brought an action being better than wa3 that for August. In the gross
against all the defendants who refused to obey its man the decrease is .11,148,686 or 1*85 per cent; in the net
date, which action has now been decided by Judge Sage. $158,541 or only 076 per cent. In August the de­
In the two years since September 1894, when the crease had been $3,335,913 or 5*69 per cent in the
Commission brought its suit, very extensive testimony gross and #1,411,268 or 7‘27 per cent in the net. But
has been taken at the various Western points which the change is easily explained. In August there had
have been asking relief from the discrimination in rates been (on account of the number of Sundays) one less
business day the present year, in September there was
complained of.
one more busioe3sday. T ie following shows the totals
After the decision of the United Supreme Court
for September and the nine months.
last spring in the Social Circle case, there could of
course be no doubt as to what disposition Judge Sage
S ep tem b er.
J a n u a r y 1 to S ep tem b er 30.
(143 road s.)
(164 ro a d s .)
would make of the case. As a matter of fact, in his
1896.
1895.
1896.
1896.
D ecrea se.
I n c rea se.
opinion he follows very closely the lines of that deei
$
*
*
%
*
*
sion. Judge Sage says that the right to prescribe Qross earn'fl 61,007,803 62,156.491 1,148,686 581,402,604 572,2f 3,5*9 9,149,055
990,145 407,932,904 400,631,512 7,301,392
Jper. exp... t".-d
41,838,083
maximum rates for the transportation of freight is the
right to dictate an indispensable element and one of the Net earn’i 20,059,867 20,818.408 158.541 173,469,700 171,022,037 1,847,66 3
Tnere was a further advantage in September in the
most important terms of the contract between the carrier
and the shipper. Legislative control over rates has very large cotton movement the present ysar as against
long been recognized, but rate-making can not be a very small movement last year in that month. This
claimed to oome within the limits of the ex is illustrated by the fact that the receipts at the South­
ercise of judicial right or power, because while a ern outports reached 901,613 bale3 against only 378,004
court of equity may enforce specific performance of a bales in September 1895. T ie grain movement was
contract, or correct mutual mistakes in it, it never somewhat irregular, the spring-wheat sections showing
a lo33, the winter-wheat sections in mo3t ca3es a gain.
makes a contract.
As far as the Inter-State Commerce Commission is Of course the influence of greatest moment with the
concerned, that body “ is not invested and cannot be roads all over the country was the continued depression
invested, under the Constitution, with either legisla­ in trade, this growing more intense as the moath pro­
tive power or purely judicial power. Its functions are gressed. In September last year there had been fair
necessarily restricted to the performance of adminis amounts of gains in both gross and net, following,
trative duties, with such quasi judicial powers as are however, losses in the two years preceding, as will ap­
incidental and necessary to the proper performance of pear by the following.
those duties.” The right to fix rates is not an inci
N e t E a rn in g s.
G ross E a rn in g s.
dental right. It is not a right or power to be derived Yneuamr bane rd Y e a r
Y ear
Y ear
I n c r ea se o r
I n crea se o r
Y ear
by implication or construction from general phrases in o f rr>ads. G iv e n . P reced in g. D ecrease. G iv e n . P r e c e d in g . D ecrea se.
%
the first or other sections of the Act to Regulate Com S ep tem b er
*
$
t
*
t
(118) 68.146.816 61.652,791 4-4,594,055 24,895,923 22,566,571 +2,329,352
merce, nor can it be imported into the Act by reference l*wl
+235,019
1892 (127) 68.539.013 86,692.568 ♦-1,947,051 24.902,103 24,607,144
(131) 58.195,98*) 04,917.022 -6,721,612 21,678,744 23.843,067 -2,064.323
to or by reason of the necessities of the case. If found 1893
1894 (141) 66.083,657 59,8 <1,521 -3,747,804 18,857.313 21.93.,138 -3,073,825
at all, it must be found in express and special lan 1896 f 141) 60,258.316 57,18),044 4-3,078,272 20,703,169 19,790,613 +972,650
—158,541
(143) 01,007,805 62,150,491 -1,148,680 20,659,807 20,818,408
guage, among the powers and rights granted in direct 1896
fa n . 1 to
S ep t. 80.
terms, and there is, declares Judge Sage, no such lan 1891
(170) 581.375 2H 5 U.117.083 ♦-2d.258.171 189,208,467 181,294,560 +8,923,907
guage in the Act.
1892 (166) 6 1*.s20.95'd 1579,845.658 4-34,975.29- 193,238,918 187,170,246 +6,008.702
1893 (146) 573,499,2961576,912.490 -3,413,194 174,003,270 181.1H0.007 —7.2/0,397
He refers, of course, to the opinion of the U. S. 1894
(168) 503,52°,838 7 *.325,305 -72.795,527 163.690.220 173,89 4,936 -20,200,710
611,748,932 578.497.960 +-33,250,9: 2 139.193,90d 173,723,668 f-15.470.308
Supreme Court in the Social Circle case, and to rein­ 1895 (182/ 581,402,604>572.253.519
+-9,149.0 >5 173.419,700 171.022,037 +1,817,003
1896 (164)
force his argument quotes that portion of the opinion
As far as the separate roads are concerned, there are
in which the Court adopts as its own the views ex­
both
some gains and some losses for large amounts.
pressed by the late Justice Jackson when Circuit Judge
The
losses
come mainly from the roads running through
to the effect that,“ subject to the two leading prohibi­
tions that their charges shall not be unjust or unrea the manufacturing districts in the Middle and Middle
sonable, and that they shall not unjustly discriminate Western States, from the anthracite coil roadq and

THE CHRONICLE.

906

from the roads in the spring-wheat sections of the
Northwest. On the other hand, the gains come chiefly
from Southern and Southwestern and from Mexican
roads. Among the losses, the Pennsylvania heads
the list with a decrease (lines directly operated east and
west) of $1,286,000 in gross and a decrease of $747,800 in net. The Atchison with $347,508 increase in
gross and $459,087 increase in net leads among the
gains. The Reading, though having fallen $303,557
behind in the gross, has a gain of $276,190 in the net,
the results for the Coal & Iron Company being in­
cluded in both cases. Below we present our usual
list, comprising all changes above $30,000 in amount.
P R IN C IP A L C H A N G ES IN G R O S S E A R N IN G S IN S E P T E M B E R .

1 UCI'I'Jt S p e.

D e crea g e s.

A to ll. T o p . & 8. F e ..........

$ 3 4 7 ,5 0 8

m m o l s C e n t r a l................

1 8 6 ,2 9 3

B a l t i m o r e & O h io ............
G r a n d T r u n k . ...................
M e x i c a n N a t i o n a l ...........
M e x i c a n C e n t r a l .............
S e a b o a r d A ir L i u e ..........
E o u i e v i l l e & N a s liv i lle .
G e o r g i a .................................
U n i o n P a c i f i c .....................
G e o r g i a & A l a b a m a ___
M o b ile & O llio ...................
S o u t h e r n R a i l w a y ...........
C h e s a p e a k e & O h io ........
N . Y . S u e q . & W e ste rn _
N . Y . O n t a r i o & W e s t’n .

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

T o ta l (re p re s e n tin g
2 1 r o a d s ) ................. $ 1 ,5 6 7 ,0 2 4

P e n n s y lv a n ia 1 . ...............$ 1 ,2 9 6 ,0 0 0
P h ila . & R . a n d C. & l . .
3 0 3 ,5 5 7
C h ic M il. & S L P a u l. . .
2 0 4 .1 1 3
C h ic. B u r l. & Q u i n c y ...
1 4 4 ,9 7 9
W a b a s h . . . . .........................
1 1 5 ,5 3 0
Cl* v . C in. C h ic. & S t. L
1 1 5 .2 7 1
B a lt. & O hio 8 o u h w ’ n .
1 0 3 ,2 3 1
B u rl. Ced. R a n . & N o r ..
7 3 ,1 8 2
P it ts b u r g & W e s t e r n ...
6 9 ,4 8 1
C e n tra l o f N ew J e r s e y .
6 4 ,4 3 6
Cin. N. O. & T e x . P a o ...
5 6 .0 4 9
A lle g h e n y V a lle y .............
4 0 ,4 4 8
G ran d R ap id s & E n d ....
4 0 ,1 8 6
D e n v e r <fe R io G r a n d e ..
3 8 ,6 6 8
3 3 ,0 7 8
W isco n sin C e n t r a l...........
T o ta l (re p re s e n tin g
2 5 r o a d s ).................. $ 2 ,6 8 8 ,2 0 9

t C o v e rs H d g s d ir e c tly o p e r a te d e a s t a n d w e st o f P it ts b u r g ; th e g ro ss
o n E a s t e r n lin e s d e c re a s e d $ 6 1 0 ,2 0 0 an d o n W e s te rn lin e s $ 6 7 5 ,8 0 0 .
P R IN C IP A L CH A N G ES IN N E T EA RN IN G S I N S E P T E M B E R .

¥ aa/

.

c,pa

D e crea g e s.

A tc h . T op . & S. F e .........$ 4 5 9 ,0 8 7
2 7 6 ,1 9 0
P h i l a . & R . an d C. & I . .
1 5 0 ,8 3 5
S o u th e r n P a c if ic ..........
1 0 0 ,3 0 0
G r a n d T r u n k ..................
9 1 ,6 3 3
M e x ic a n N a tio n a l . . .
7 3 ,6 0 3
E r i e ......................................
5 7 ,6 7 3
S e a b o a r d A ir L in e -----5
4 ,2 6 0
A t l a n t i c & P a c ific —
5 1 ,2 2 4
S o u th e r n R a ilw a y ____
4
6
,4 3 4
W e s t. N. Y . & P e n n ___
43,< 0 5
G e o r g i a ..............................
3 4 ,3 2 2
Illin o is C e n t r a l.............
3 3 ,7 4 7
S t . L o u is & S a n F r a n .
T o ta l (r e p re s e n tin g
1 9 ro a d s )...................$ 1 ,4 7 2 ,3 1 3

P e n n s y l v a i i a * ...................
C h ic. M il. & S t. P a u l . . .
C h ic. B u rl. & Q u i n c y ...
U n io n P a c ific
. ...
B a lt. & O hio 8 o u th w ’n .
B u r l. Ced. R a p . & 4 o r ..
' lev . C in. C h ie & S t. L.
B a ltim o r e & O hio.............
Cin. N. O rl. <fc l e x . P a c .
D en v er & R io G r a n d e ..
A lle g h e n y V a l l e y .............
R io G ra n d e W e s te r n ___

$747 800
3 3 4 ,2 5 3
1 0 7 ,5 3 5
1 0 5 ,5 7 4
8 9 ,1 6 4
7 3 ,0 3 8
7 0 ,2 6 3
6 1 ,8 3 5
4 3 .9 7 5
4 3 ,7 4 6
3 4 ,5 5 5
3 1 ,8 6 5

T o ta l (r e p re s e n tin g
21 r o a d s ) ................. $ 1 ,7 4 3 ,6 0 3

t C o T ers lin e s d ir e c tly o p e r a te d e a s t an d w e s t o f P i t t s b u r g ; th e n e t
o n E a s t e r n lin e s d e c re a s e d $ 3 0 7 ,8 0 0 a n d oq W este rn lin e s $ 4 4 0 ,0 0 0 .

When arranged in groups, five groups record losses
in the gross, only three in the net. The latter com­
prise the trunk-lines, the Middle Western roads and
the Northwestern. The ratios of gain in net are heavy
in the anthracite coal group, where the increase is 21AL
per cent, and in the Southwestern group, where the
increase is 35A5 per cent. The r< suit in the ooe case
has been controlled by the very favorable return of the
Reading, in the other by the very favorable return of
the Atchison ; though with the exception c.f the Color­
ado lines the roads in the Southwestern group, nearly
all report gains.
SU M M A RY B Y G R O U PS.

S e c t io n o r
Gr o u p .
S ep tem b er.

T ru n k lines..(14
A nthra. c o a l.(7)
Blast. & Mid.(12)
M id. W est’n.(24)
N orthw est’n..(9)
Sou thw est’n .(ll)
Pacific Coast (IP)
S o u th e r n .... (40)
M e x ica n ......... (4)
T ot.. (143 r’ds)
1 to S e p t. 30.
New E n g l’d.(12)
Trunk lin e s .(15)
A nthra. coal ( 1 2 )
B a s t. & Mid.(19)
Bdid. W est’n.( 2 I :
North w est’n (10)
8outhw est’n(15)
Pacific Coast(lP)
Sou th ern __ (37)
M e x ic a n ....... (4)

N e t E a r n in g s .

G ross E a rn in g s.

1896.

1895.

1

*
17,*49,526 19,171,158
5,7P2.011 6,114,040
1,888,950
1,927,159
3,896,020 3,8. 1,770
7,668,800 8 , 1 1 2 ,2 2 2
4,780,752
5,099.441
9,316,693 9,333,34
7,802,903 7,156,907
1,368,528
1,034,456
6 1,0c 7,805 02,150,491

1896.
*
5,506,783
1,643,050
057,734
1,143.84*
2,984,232
1,791.106
3,554,354
2,708,39
005,372

1895.
$
6,290,835
1,353,291
632,533
1,208,391
3,521,881
1,322,390
3,405,112
2,473,412
540,507

In c . or D ec.

*
—790,10,'
+289,759
+25,201
—57,545
—537,049
+403,710
+89,242
+234,978
+118,805

P .0

12*55
21*41
3*18
4*77
15*27
35*45
2*58
9*50
21*75

20,659,80;

20,818,40;

-158,541

0*76

15,090,450
49,085,172
15,993,501
4,389.034
8,441,395
21,007,518
12,221,781*
23,798,54'
17,357,409
5,418.841

15,707,442
50,869,368
10,826,180
4,436,267
8,976,4(7
20,052,737
10,013,050
22,523,078
16,294.027
5,243,231

—610,992
-1,183,190
—832,611*
—97,233
-5 35,01
+354.781
+2,178,130
+1.275,462
+1,062,782
+235,560

3*89
2*33
1*95
2*17
593
1*71

T o t .,1164 r ’ds)l 581,402,604 572.253,549 173,409,700 171,022.037

+1,847,003

Jan.

50,784,852
174,285,151
58,(30,105
14,942.427
31,397,729
60,152,021
43,756,232
73.291,755
00,948,62
13,92*, 60:

49,732,004
176,886.844
59,499,454
15,175,928
3",429,046
56.111,311
42,795,408
71,947,749
58,125,698
12,521,107

21*68

5-60
0*52
4*49
1*08

I VOL, L Z IU .

T h e fo llo w in g Is a H at o f th e ro a d s ia o lu d e d u n d e r e a c h g ro u p in t h e
fo re g o in g ta b l e ;
M idd'e—lG on.)

N e w E n gla n d .

Bangor Sc Aroostook.*
B ennington & Rutland.*
Boston & Albany.*
Boston Sc Maine.*
Boston R. B. Sc Lynn.*
Bridgeton & Saco River.*
C larendon Sc P lttsford.*
Fitchburg.*
N. Y. N. II. Sc H artford.*
Phila. Read. Sc N. E.*
Som erset.*
V erm ont Valley.*

P a c ific C o a s t— (C o n .)

Syracuse Gen Sc Cora.*
Oregon Im provem ent.
Ulster & Delaware. •
Rio G rande W estern.
W allkill Valley.*
San. F raa. Sc N orth. Pac.
West Jersey Sc Seash’e.t So. Pacific.—
W estern N. V. & P ena.
Gal. H ar. Sc S. A.
Louis. W estern.
M id d le W e s te r n .
M organ’s La. Sc T.
Chic. Peoria & St. L.t
N. Y. Tex. Sc Mex.
Chic. Sc W est Mich.
Texas & New O rleans.
Pacific System.
Cin. Jack. & Mack.
Cin. Ports. Sc Virginia.
Spokane Falls & N o rth ’n.
Clev.Canton Sc South’n. union Pacific—U. P. Ry.
Ool. Sandusky Sc tiook.+
Ore. Sh. L. Sc LTtan Nor.
T r u n k L in e s .
Det. Lana. Sc Nor.
St. Joseph feGr. Island.
B altim ore Sc O hio.f
D etroit Sc Mackinac.
Kansas City Sc O m aha.
B. Sc O. Southw estern.
Elgin Jo lie t Sc Eastern.
C entral Branch. S ec.
Clev. Cin. Chic. & St. L. Flint Sc Pere Marq.
A tch’n Col. Sc Pac.
Peoria Sc E astern.
Grand Rapids Sc Ind.
S o u th e r n R n a a s .
Erie.
Illinois C entral.
Alabam a Midland.
G rand T runk.
Indiana Illinois Sc Iowa. Alabam a G reat S o u th ’n.
Chic. & Gd. Trunk.
Iron Railway.
A tlan a Sc Wes* P o in t.
Det. Gd. Hav. & Mil.
Kanawha Sc Michigan.
A ugusta S outhern.
N. Y . Cent. & Hud. It.*
Lake Erie All. & South
B irm ingham fe A tlantic.
Lake Erie Sc W est.
N.V. Chicago & St. L.*
Branswick Sc W estern.
P enusylv, East of P. Sc E, M ani8ttque.
Carolina Midland.
West of P itts. & Erie.* P itts. Llsoon & W estern. C entral of G eorgia.
Philadelphia & Erie.
P ittsb u rg Sc W estern.
C has’n Cleu v, S utto n.
P lttsb . Clu. Ch. & St. L. Sag. Tus. Sc H ur.
C harleston & Savannah.
Pitts. Youngs. Sc Ash.
Toledo Sc Ohio C entral.
Chesapeake Sc Ohio.
Pol. Peoria & W.
Wabash.
Cin. N. O. Sc Tex. Pac.
York S o u th e rn s
Co>. Newb. & Laurens.*
A n th r a c ite G oal.
N o n tiw e s ie r n .
G adsden Sc A t t a l a Un.
Central of New Jersev. Burl. C edar Rap. Sc Nor. Georgia.
Del. & H udson—
Ohio. B url. Sc Quincy.
G eorgia & Alabam a.
Albany & Susqueh’ na.* Chic. Mil. & S t Paul.
Ga. Soutnern Sc Fla.
N. Y. Sc Canada.*
Chicago Sc North. Pac.
G ulf fe Chicago.
Des Moines N. & W.
R enns. & Saratoga.*
Jack. Tam pa & K. W.
Del. Lack. & \V.*
Dul. S.S. <& A d.*
Kan. City Mem. Sc Blr.
Syracuse Bing. & N. Y.* Iow a C entral.
L exington Sc E astern.
Louisville & Nashville
Minn.
Sc
St.
Louis.
N. Y. O ntario Sc W est.
N. Y. Susq. & W est.
VIinn. St. Paul Sc S. S. M. Macon Sc B irm ingham .
Paila. Sc Reading.
Memphis Sc C harleston.
W isconsin C entral.
Coal & Iron.
Southw estern.
Middle Ga. Sc A tlantic, t
Summit Branch.
A rkansas M idland.
Mobile Sc Birmingham.
Lykens Val. Coal.
Atch. Top. fe S anta Fe.
Mobile Sc Ohio.
Nash Chat. Sc St. V mU.
Colorado M idland.
M id dle.
N o rth e a ste rn o f Georgia.
Crystal.
Addison & Penn.*
Ohio River.
Denver Sc Rio Gr.
Adirondack.
Ft. W orth & Den. City.
Ohio R iver Sc C h arle s.f
Allegheny Valley.
Petersburg.
Kan. C. F t. 3. Sc Mem.
Bangor & A roostook.f
K m . City N irthw estern.* Rich. Fred. Sc Pot.
Bath Sc H am m ondsport. Kan. City & B eatrice*
Rich, fe P etersburg.
BafT. Roch. Sc Pitts.
Sav. Fla. Sc W estern.
Rio G rande Southern.
Buffalo & Susquehanna. St. Louis & San Fran.
S ^aboird Air Line.f
C um oerland Valiev.
Sc. Louis Southw estern.* Sllv. Spgs. Ocala Sc G ulf.
D unkirk Al. V. & P *
S outhern Railway
San Ant. Sc Arau. Pass.
Fall Brook.*
W estern of A labim a.
SilvertoQ. +
Newburg Dutch. Sc C on.* Tex. Sab.Val.& N .W est.f W est Va. Cent. Sc P it ts .t
N. Jerse y & New York.
W rightsv. fe T e nntlle.
Qn. Pac. Denv. Sc Gulf.
e r ic a n H o a d * .
N. Y. Phila. & NorL*
Waco & No’w estero.
t* xcittc C oa st.
N orthern C entral.
M exican C entral.
N orthern New York.*
M exican [n te rn a tlo n a 1.
A tlantic Sc Pacific.
Phil. Reading Sc N. E.t
Mexican National.
Canadian Pacific.
Stony Cl. & 3ats. Mt.
M exican N orthern.
N evada C entral.
* F o r nine m onths only,
t For m onth only.

MEMPHIS AND SOUND MONEY.

The following corrects a mis-statement contained in one o f
our articles last week and which arose out of the fact that the
early telegraphic returns, on which our remark was based,
did not make the result as favorable as it should have been.
Memphis and other Southern cities certainly deserve great
credit for the large vote they polled in favor of sound money
U

n io n

&

P

la n ters’

B

ank of

Mem

p h is ,

)

T en n ., Nov. 16, 1896. )
Commercial and Financial Chronicle, New York City :
Mem

p h is ,

Being an old-time subscriber and so rarely finding an erro­
neous statement in your paper, I was surprised to read iu
yours of the 17th, page. 856, second column, as follows : “ In
Nashville and Memphis, traditional Democratic strongholds,
the free coinage Democratic ticket was almost defeated.”
Memphis voted a majority both for President for M cK iiley
and Josiah Patterson, sound money Democratic candidate for
Congressman. Yours truly,
S. P. R ead, Cashier.

p i cm ela sg g© u r o m e v c t a l B jexus
( F r o m o a r o w n c o r r e s p o n d e n t.!
L o n d o n , S a t u r d a y , Novbeinber 7, 1896.
All over Europe the utmost satisfaction is felt at the result
of the Presidential election of Tuesday last. Although, as I
explained last week, the general opinion was that Mr. McKin­
ley would be elected, nevertheless as the time of the election
came closer and closer there was a decided feeling of uneasi­
ness. This uneasiness was undoubtedly intensified by the
large sums of money which were withdrawn from Europe,
and especially from the Bank of England, upon American
account. These sums being so large and called for within so
short a time were regarded in very many quarters as in the
nature of “ accommodation money.” It is no exaggeration
to say that the interest taken in the result of the ( lection was
almost as keen in London as in New York, and the expres­
sions of satisfaction when the result was known were, as I
have already said, unanimous. It is felt that not only have
the American people escaped from a terrible calamity (for so
the viotory of Mr. Bryan would have been regarded in
Europe), but it is also felt that they have upon a great occa­
sion shown themselves worthy of the high character which
they bear in the estimation of other peoples of the world .

Novembeb 21, 1896.J

THE CHRONICLE.

907

Naturally the result of the election led to a rapid rise in ust last. It is a remarkable fact that although there is every
prices, especially of American railroad securities; but so indication that prices of this staple commodity will steadily
great was the satisfaction at the result that prices were put appreciate, English farmers are hurrying their wheat to mar*
up in all markets from consols down. The buying here as yet ket in enormous quantities. It will be remembered that in
is chiefly confined to professional purchases, but there have consequence of the great heat during the earlier part of the
been some very considerable orders from the different Con­ aummer, the wheat harvest in the southern and eastern coun­
tinental centres, and especially from H Aland and Germany. ties wa3 exceptionally early this year. The average weekly
In Europe the principal subject of interest has been the sales during the past ten weeks have been very close upon
annoyance caused to the German G >vernment by the revela­ 60.000 Imperial qrs. per week, as against very little over
tions made in Prince Bismarck’s Hamburg newspaper with 31.000 Imperial qrs. for the corresponding weeks last year.
Our foreign trade in October, as might have been expected
reference to the Russian treaty. It is said that the Czar has
ordered all papers on the matter to be submitted to him, but from the depression in the United States and from the reduced
although the disclosures are regarded as most unfortunate, purchases of India, owiog to the food scarcity, does not com ­
pare favorably with that of last year, as it previously did.
and Prince Bismarck is censured for permitting them to ap­ Our exports in October have indeed declined £174,000 as com­
pear in his paper by nearly every German of repute through­ pared with the same month last year, or nearly 1 per cent,,
out Europe, nevertheless it is not thought that the matter due chiefly to the falling off in our shipments of yam s and
will have any serious effect upon the relations between the textiles. The value of the worsted goods sent to the United
States has been only £79,000 in contrast with £405,000 in
governments at St. Petersburg and Berlin. The marriage of October last year, while the value of our woolen tissues ex ­
the Duke of Orleans to an Archduchess of Austria, although ported to the United States has been only £43,000, in contrast
accompanied by certain demonstrations on the part of the with £08,000. Our imports show the Urge expansion of
French Royalists, has abeolutely no political significance, the £2,716,000, or nearly 7% per cent, due largely to increased im­
ports of wheat and to the higher prices therefor and to heavy
Austrian Emperor, with his usual discretion, insisting that imports of raw cotton.
the ceremony should be treated as merely a family affair.
The following return shows the position of the Bank o f
As I said above, the principal cause of the improvement in England, the Bank rate of disoount, the price of oonsols, & o.,
years :
prices upon the Stock Exchange has naturally been the result compared with the last three
1890.
1895.
1894.
1893,
N ov. 4.
N o v. 6.
N ov. 7.
of the Presidential election ; but the recovery in markets has
N ov. 8.
£
£
£
£
also been assisted by the satisfactory completion of the settle­ C irculation............................... 27,130.420 26,217,005 26,508,595 25,964,040
4,H29,740
« 5,054,974
5,388.975
4,043,535
ment in Paris. All through last week (and for that matter I’ abllo deposits. ........ .
£>,670 49,126,760 37,011.807 37,674,268
the week before) it was feared that one or two prominent tsther deposits .......................... 43,8
14.8
6
525
13.647,234
15,301,917 11687.598
3overnm ent securities.............
operators upon the Paris Bourse would be unable to meet Other securities......................
27.609,118 25.593,752 18.474,743 24.845,653
their differences in consequence of the fall which has taken Reserve o f notes and o Mn.. .. 25.470.787 31,465,639 25,444.225 16,079,525
bullion, both dep&rtm'ts 35,807,207 40,902,844 35,162,820 25,593 565
place in Spanish stock. It is true that throughout the time OulnJt
51 15-18
58
Prop.reserve to liabilities, .p. o.
62 M
49)4
during which the Paris settlement was goiog on there was Bank rate......................per cent
4
2
2
3
i0
6
«
109^
102
5-16
93
1-16
Consols,
2H
per
ce
n
t.................
heavy selling of South African securities on the London
29>*<!.•
S ilv e r ................ ................... ... 29 16-16J. 30 15-l0d.
32%d.
8tock Exchange, but these sellings have been more than Clearing-House returns............. 16J.892.000 157.582,000 107,912,000 108,944,00 0
counteracted by very influential buying here on the part of
• N ovem bers.
the great South African magnates, and the result has been
The rates for money have been as follows :
that in spite of heavy sabs from Paris the South African
Interest allowed
Open M arket H ates.
market is stronger and prices are higher than a week ago.
Sfo r deposits by
The prices for home government and industrial securities
Trad e B ills.
B ank Bills.
D lsc’t ETss
have been exceedingly good, in sympathy with the general
1
A t 7 to 14
Four
Six
Three
Four
S ix
Stock
Three
upward tendency of values.
55 Months Months Months Months Months Months Banks Call. D ays.
The Bank of England directors did not alter their discount Oct. 9 3
114
i*
294
D.
m
m
m
3 @3*
1*
rate on Thursday, but measures have been adopted for mak­
3*
IK
* 16 3 2 * » «
1)4
234
2 !W
4
“
23
3
<»3tt
21*31
24
3
*
2)4
3)4
3)4
2»4
ing the rate a thoroughly effective one. Dry-to-day money
3>4
3
"
30 4
3*
3 * 31*9*
8*
234
2)4
2H.
has been in very good demand at a small fraction over the Nov. « 4
3
3*
3fc®4 3HQ& 39404
S3.
214
3)4
3«
Bank rate, and although the discount market is far from
The Bank rate of disoount and open market rates at th e
equally firm a higher rate is demanded for short fixtures than chief Continental oities have been as follows:
for long-dated paper. The Back of England return issued on
Oct. 30.
Oct. 16.
Nov .6
Oct. 23.
Thursday shows the reserve at a small figure under 25}^
R ates o f
Interest
at
millions sterling, and the proportion of the reserve to the lia­
B ank
Open
Bank
Bank
Open
Open
Bank
Open
Market R ate. Market R ate. M arket
R ate. Market R a te
bilities at 52 per cent.
2
2
2
a
2
2
2
U4
The silver market has been dull all the week, the price per Paris................
6
5
5
436
5
Berlin...............
D4
4)4
04
standard ounce closing at 29 15-16d. The India Council on Hamburg........
5
5
5
5
4)4
434
4)4
4)4
Wednesday offered the usual 40 lacs of rupees for tender, the Frankfort........ 5
5
5
5
4K
4)4
4)4
iH
3
3
234
3)4
3*
8)4
total applications of the outside market amounting to 56 lacs, Amsterdam.... tK
3K
3
8
Brussels...........
8
3
2)4
2)4
2W
at prices ranging from Is. 2i,'d. to la. 2 27 3_’d. From April V ien na..... ... 4
4
3 15-16
4
4
m
4
314
0
1 to Wednesday night the total realized was £10,883,889.
9t. Petersburg.
0
6
6
6
6)4
54
6
6
5
5
6
6
5
The wheat market continues remarkably firm, the official Madrid............. 5
4
*
4*4
4
*
4
*
Copenhagen.
4
*
4K
4*
G4
reports of the 196 scheduled corn markets of England giving
Messrs. Pixley & Abell write as follows under date of
the average price during the past week for the Imperial quar­
5:
ter of 480 lbs. at 30s. 9d., as compared with the mean average November
G o ld .— W ith th e e x o e p t io u o f £ 9 5 ,0 0 1 la S o v e re ig n s, n o g o ld h a s
of 24s. 6d. a year ago and 22s. 4d. in the middle of August rea ch ed th e Bank, an d a g a in st this £ 1 3 5 ,00 1 ha s b e e n tak en fo r e x ­
p o rt to N ew Y o rk and E g y p t.
A ll a rriv a ls a re s till ta k e n f o r th e
last. The rise in the price of wheat has really taken place C on tin en t, b u t th e p rice s h a v e b e e n ra th e r lo w e r the la st fe w d a y s.
A
rriva
ls,
N
ew
Z
ealand
.
£
5
,0
0
0
;
lia . £ 5 7 .0 0 0 ; C hina, £ 3 ,0 0 0 ;
only during the last few weeks. Even in the middle of Sep­ B o m b a y , £ 6 0 ,0 0 0 ; S ou th A frica ,A u£ stra
2 7 5 ,0 0 0 ; B ra zil, £ 1 2 ,0 0 j ; C h ill,
tember the price was under 24 shillings per quarter, but it £ 1 ,5 0 0 . T o ta l, £ 4 13.500. S h ip m en ts O ot. 3 0 : B o m b a y , £ 5 ,0 0 0 : P o r t
Said. £ 2 3 0 .0 0 0 . T o ta l, £ 2 3 5 ,0 0 0 .
was then seen that we should not be able to count on many of
S ilv e r.—S om e n e rvou sn ess b e in g fe lt as t o th e p o litic a l o u tlo e k l a
m erica, co n sid e ra b le s p e cu la tiv e p u r c h ts e s o f s ilv e r w ere m a d e o n
our usual sources of supply, and that in one important in­ A
the e v e o f th e e le ctio n , and w ith sellers h o ld in g off, the m a rk e t hard­
stance, viz., India, not only would there be no wheat avail­ e n ed to 3 0 31Hd. W hen the new s o f Mr, M c K in le y 's v ic to r y w as p u b ­
sellers
g r e a tly p re p o n d e ra te d , and sales t o o k p la ce a t
able for export, but that it would be necessary (as in fact it clished,
o n s t in t ly d ecre a sin g rates.
A rriva ls: New Y o r k , £ 1 0 0 ,0 0 0 ; C h ill.
£
3
6
,0
0
0
.
T
o
ta
l,
£ 1 9 6 ,0 0 0 . S h ip m en ts to B om b a y. £ 115.500.
has actually proved to be the easel to buy wheat from out­
M e x ica n D o lla rs.— A g o o d b u sin ess has been doDe in these c o in and.
side.
the p resen t p rice is 29d. S h ip m en ts to P e n a n g , £ 2 2 ,3 0 0 .
The Russian crop is by no means an abundant one, and
The quotations for bullion are reported as follows:
according to the latest reports the American supply will not
81LVER.
Oct.
Nov.
Gold.
Oct.
Nov.
be exceptionally large. With reference to the home markets, London
29.
London Standard.
5.
Standard.
5.
29.
although wheat grown in the southern and eastern counties
X. (1.
d.
d.
8. d.
is both exceptionslly good in quality and exceptionally large B ar Kold, f in e .. . .oz. 77 1034 7 7 11 B a r s ilv e r, tln e ...o z . 293, 2913l e
B
a
r
s
ilv
e
r,
c
o
n
ta
in
­
77
114,
B
ar
tfold,
p
a
rtln
g
.o
z
.
7
7
11
>4
in quantity, the rains in September seriously injured the har­ 8p an lsk , o ld ..........oz. 70
7 0 1*3 in g 5 g rs . g o ld ..o z . 30 ha 30319
vest both in the west and north of England, and in Scotland ; N ew ......................oz. 76 2 la 7 6 2K C a k e s i l v e r ...........oz. 32 >9 3 23,e
29
0 . 8 . g o ld c o in . ..o z . 76 7»a 7 6 7 K M e x lo a n d o lla rs .o z . 29
consequently the supply of home-grown wheat is consider­ le r m 'n g o ld ooin.oz. 76 3 \ 7 0 33,
ably less than was anticipated, Bay in the beginning of A u g-1 F r e n c h gold ooin.oz. 7 6 3 \ 76 33,

THE CHRONICLE.

08

The following shows the imports of oereal produce into
the United Kingdom during the first nine weeks of the new
season compared w ith previous seasons:
IMPORTS.

1896.
1895.
1894.
1893.
I m p o r ts o f w h e a t,c w t. 1 1 ,0 5 9 ,5 7 0 1 3 ,2 6 5 ,6 2 0 1 4 ,5 3 2 ,0 3 9 1 4 ,0 3 2 ,1 3 4
B a r l e y .............................. 4 ,7 1 0 ,1 7 0
5 ,7 9 2 ,3 9 0
7 ,6 5 3 ,8 0 9 6 ,1 3 5 .8 7 5
O a ts .................................... 3 ,1 3 2 ,4 5 0
2 ,3 6 3 ,0 4 0
2 ,7 6 6 .6 0 0 2 ,8 7 5 .6 0 2
6 6 8 ,3 1 5
4 6 7 .2 7 0
4 6 3 ,3 5 3
5 1 9 ,0 2 2
t e a s ...................................
B e a n s ................................
6 5 2 ,9 2 0
7 6 7 ,7 9 0
9 1 1 ,6 0 7 1 ,0 1 0 ,6 7 9
I n d ia n c o r n .....................1 1 ,5 4 5 ,9 8 0
7 ,5 7 6 ,6 0 0
4 ,7 2 9 ,9 6 4 5 ,4 6 5 ,1 0 3
F l o u r ............................... 3 ,0 6 2 ,0 7 0
3 ,6 1 8 ,6 5 0
4 ,1 1 3 ,8 7 8
4 ,7 1 5 ,3 6 0

Supplies available for consumption (exclusive of stocks on
September 1):
1896.
W h e a t i m p o r t e d .o w t.il ,0 5 9 ,5 7 0
I m p o r ts o f flo u r......... 3 ,6 6 2 ,0 7 0
B ales o f h o m e -g ro w n . 5 ,2 3 4 ,7 0 6

1895.
1 3 .2 6 5 ,6 2 0
3 ,6 1 8 ,6 5 0
2 ,8 9 2 ,6 0 6

1894.
1 4 ,5 3 2 .0 3 9
4 ,1 1 3 ,8 7 8
4 ,1 7 9 ,1 1 2

18 9 3 .
1 4 ,0 3 2 .1 3 4
4 ,7 1 5 ,3 6 0
5 ,1 0 6 ,3 3 3

T o t a l ......................... 1 9 ,9 5 6 ,3 4 6

1 9 ,7 7 6 ,8 7 6

2 2 ,8 2 5 ,0 2 9

2 3 ,8 5 3 ,8 2 7

1895.
2 5 s. l i d .
2 3s. l i d .

1894.
18s. Od.
19s. 2 d .

1893.
2 7 s. 4d .
2 6 s. lO d.

1896
A v e r .p r ic e w h e a t, w e e k .3 0 s. 9 d .
A v e ra g e p rio e , s e a s o n ..2 6 s . Od.

The following shows the quantities of wheat, flour and
maize afloat to the United K ingdom :
This week. Last week.
W h e a t ........................q rs .2 ,0 5 5 ,0 0 0 2 ,1 4 5 ,0 0 0
F lo u r , e q u a l t o
q r a . 2 9 5 ,0 0 0
2 6 0 ,0 0 0
M aiz e ................................... 1 ,0 6 0 ,0 0 0 1 ,0 9 0 ,0 0 0
E n g lis h

1894.
1 ,8 8 9 ,0 0 0
3 0 7 .0 0 0
1 6 6 .0 0 0

18 9 5 .
1 ,8 9 9 ,0 0 0
2 4 8 ,0 0 0
6 2 2 ,0 0 0

F i n a n c i a l m a r k e ts —P e r C a b le.

The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Nov. 20:
M07l.

Sat.

London.
S i lv e r , p e r o u n c e .........d .
U o n s o ls ., n e w , 2 % p .c t s .
F o r a c c o u n t ...................
F T o h r e n t e s (in P a r i s ) f r .
A tc h . T o p . & S a n ta F e .
C a n a d i a n P a c i f i c .............
C h e s a p e a k e & O h io ........
O h io . M ilw . & S t. P a u l
D e n v . & R io G r ., p r e f ..
E r i e , c o m m o n ...................
1 s t p r e f e r r e d ................
I l l i n o i s C e n t r a l ................
L a k e S h o r e .........................
L o u i s v i lle & N a s h v i l l e .
M e x ic a n C e n tr a l, 4 s . . .
M o . K a n . & T e x ., c o m ..
N . Y . C e n t ’l & H u d s o n .
N . Y. O n t a r i o & W e s t’n
N o r f o l k & W e s t’n , p r e f .
N o r t h e r n P a c i f ic , p r e f .
P e n n s y l v a n i a ....................
P h i l a . & R e a d ., p e r s h ..
S o u t h ’n R a i l w a y , c o m ..
P r e f e r r e d ..........................
U n io n P a c i f i c .....................
W a b a s h , p r e f e r r e d ........

2913l6
11018
llO H
02-5713
1613
60%
18
80%
46 %
1713
38%
99
157
5313
70
14%
99
16%
19%
28
54%
15%
11%
33%
11 70
18*2

2 9 7e
11030
110*2
02-52*2
16*4
60
183g
80
465g
1730
38*2
99
157
53*8
70
14%
93*2
16*
19%
27*4
5450
15%
1130
33%
11*2
19

Tues.
30
110*4
11030
1 0 2 -5 0
1 6 i0
60
1 7 78
7950
463s
17
38*2
98*2
156*2
52%
70
14*4
98*4
16*2
1950
27*8
54*2
1530
11*8
32*e
11*8
18*4

Wed.

Thurs.

Fri.

2 9 * 5 lfi 2 9 '5 ig
1103 6 110%

29'
1101 i s
1 1 0 b « 110^16 110%
0 2 -6 2 % 1 0 2 6 5 1 0 2 - 6 0
1 5 78
15 %
16%
5 9 78
59%
59%
17%
17%
17*4
78%
79*2
79%
4630
46%
46%
17
16%
16%
38%
38%
38*4
98
98
98
156%
156%
156*2
52%
52%
52%
6934
70
69%
14
14%
14
98%
98%
98*4
1630
16%
16%
1834
19%
18%
27%
27
27%
5430
54%
54%
15%
1550
15%
11
10%
11%
31%
31
31*4
11
11
10%
17%
17%
17%

[ V o l . LX III.
Exports.

Silver.

Week.

Im ports.

Since Jan. 1.

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

$ 1 ,0 0 2 ,5 1 0 $ 4 1 ,5 9 2 ,3 0 4
3,731,* 89
8 4 ,8 4 6
3 8 0 ,1 5 7

T o ta l 1 8 9 6 .........
T o ta l 1 8 9 5 .........
T o ta l 1 8 9 4 .........

Week.

Since J a n .l.

1 0 7 ,8 6 1
1,771

487
2 2 ,3 4 0
2 4 ,8 7 0
1 3 ,1 6 5
600

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

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

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

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

$ ..............

Of the above imports for the week in 1896 $1,947,897 were
American gold coin. Of the exports during the same time,
$30,395 were American gold coin.
City R ailroad S ecurities—Brokers’ Quotations.
A sk.

Bid.

Atlan. A ve., B ’k ly n —

Oon. 5s, g., 1931..A & O
Im pt. 5s, g., 1934.. J&J
Bleek. St. & F u l.F .—Stk.
1 st m ort., 7s, 1900.J&J
B rooklyn R apid T ransit.
B' way & 7tli A ve.—Stock.
ls t m o r t .,5 8 ,1904. J&D
2d m ort., 5a, 1914. J & J
B’ w ay 1st, 5s,gnar.l924
2d 5a, lnt. as rent’ 1.1905
Consol. 5s, 1 9 4 3 ...J& D
B rooklyn C ity—S to c k ....
Consol. 5s, 1941...J & J
B klyn.C rosst’ n 5s-1908
B k l’ n.Q’ nsC o.& S u b.lst
B klyn.C.&N ’ wt’w n— Stk
5s, 1939 .........................
1st M .,6 s,1 9 2 2 ...M & N
Oen.Pk. N .& E .R iv .—Stk.
Coinmbus &’ 9th A ve. 5s.
Ohrist’ p’ r& lOth St.—Stk.
1st m ort.,1898 ...A & O

§102
77
29
§105
2U 4
195
§104
§108
§112
§103
1L734
172
112
100
95
160
§104*3
200
§110
155
108
115*4
150
102

Bid.

Aft.

D. D. K. B. & Bat’y —Stk. 168 170
105
1st, gold, 5s, 1932..T& D 111**
80
102
§10 0
31
Eighth A venue—8 to o k ... 325 345
109
110 112*9
22 42d & Gr. St. F er.—Stock 320 335
200
60
42d St. Man. & 8t.N . Av.
55
105
1st m ort. 6s, 1910.M&S §112 115
1L0
60
2d m ort. incom e 0s. J&J
59
114
L ex.A ve.& P a v.F erry 5s. 11578 116*2
105
Metropolitan T ra ction . . . 110*3 111*2
118
Ninth A ven u e—S to c k ... 157
173
158 183
Second Avenue—Stook.
107 108*9
113
D ebenture 5a, 1909, J&J 102 104
99
Sixth A ven u e—S to c k __ 190 195
Third A venu e—S tock . . . 162 162*9
106
1st m ort., 5s, 1937. J&J 121 122
Tw enty-T hird S t .- S t ’ k. 300
Deb. 5s, 1903................. 100 105
100 103
165
101*3
116**
W estohest’ r, let.gu.,58. 2101 102
155

5 A nd a c c ru e d in te re s t

x Ex-diYi<ieri<l.

G-as Securities—Brokers’ Quotations.
G A S C O M P A N IE S .

Bid.

B ’ klyn U nion G as—Stook.
Consum ers’ (J ersey City).
Jersey C ity & H ob ok en ..
N. i . & East R iv. 1st 5s..
Preferred ................ ..
Consol. 5s

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

Ask.

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

Bid.
170
104
105
205
no
58
79
107
82
63
90

97
96
Peoples’ (Jersey C ity )___
10534 106 34
165
80
100
Bonds, 6s, i.899 .............
180
St. P a u l................................
105
243 255
105
106
Common................. . —
72
75
W estern Gas
....
44
43
95*2 96*2

Aik]

175 '
210
114

62
82

110

84
65

93

N o t e .—P ric e s a r e m o s tly n o m in a l.
3 A n d a ccru ed interest.

C n r n m e u c i a l a n d I jfc X is c e lla tie in ts | Ie iu s
Auction Sales.—Among other securities the following, not
following are regularly dealt in at the Board, were recently sold at auction:
the imports at New York for the week ending for dry goods
By Messrs. Adrian H. Muller & Son:
Nov. 12 and for the week ending for general merchandise
Nov. 13; also totals since the beginning of the first week in
Shai'es.
Shares.
3 0 W a g n e r P a la c e C a r C o .1*9
1 00 D ia m o n d M a tc h Co . .. 1 3 0
January.
I

m ports

and

E

xports

fo r th e

W

eek

. —The

FOREIGN IMPORTS AT NEW YORK.

F or week.

1896.

D ry g o o d s ........
G e n ’l m e r ’d is e
T o t a l ..........
Since Jan. 1.
D r y g o o d s ........
G e n ’l m e r ’d is e

1894.

1895.

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

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

$ 3 ,2 1 4 ,1 2 0

$ 9 ,9 4 9 ,9 0 4

$ 9 5 ,3 0 7 ,6 1 9 $ 1 2 7 ,3 9 8 ,3 1 6
.291,924,500 3 2 7 ,1 4 4 ,6 9 4

1893.

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

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

$ 7 ,5 9 7 ,9 9 1

$ 7 ,3 5 2 ,1 1 2

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

T o t a l 4 5 w e e k s $ 3 8 7 ,2 3 2 ,1 1 9 $ 4 5 4 ,5 4 3 ,0 1 0 $ 3 7 4 ,7 7 0 ,4 3 9 $ 4 7 8 ,2 0 1 ,4 3 7

The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Nov. 16 and from January l to date :
EXPORTS PROM NEW YORK FOR TUB WEEK.

1896.
F o r t h e w e e k ..
P r e v . r e p o r te d

1895

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

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

18 9 4 .

4»* B o n d & \I. G u a r. C o ... 1 66
5 0 H id e & L e a th e r N a t. B k. 9 1
2<» H o m e In s . Co .............162*$
2 0 1 s t N a t. B k . o f S ta t.I s l.1 2 0
5 0 M e tro p o l W. 8. E l. R R 18*8
2 7 P o r ts m o u th & Sufio k
W at.C o .,Y a. i s t p f . $ l u 5 0 lo t
15 5 P o r ts . & Suffolk W a te r
Co. c o m . .
$ L600 lo t
1 0 N a n s e tn o n d W a te r Co.
of V a
....................$ 3 5 0 lo t
2 0 W est S ide C o n str. C o.of
(. h ie ., fin a l a s s t. p a id . 49*2
1 ,0 0 0 P r e m ie r C y cle M fg.C o.,
$25 e ac h .
...........$ 1 0 0 lo t
1 0 0 C e n tra l L a rd Co., $ 50
e a c h ................$ 5 3 50 p e r sh.
1 0 U . 8. T 'u s t Co
..........1083
19*3 L a c k . Ir o n & C o al C o ... 1025Q
2 0 0 N. Y . B is c u it Co............. 59

1893.

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

gJatiMug

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

Gold.
Week.
G r e a t B r i t a i n ..........

Since J a n .l.

Week.

I N V E S T M E N T

S

amuel

Since J a n .l.

G e r m a n y ....................
W e s t I n d i e s ..............
M e x ic o ........................
S o u th A m e r ic a ........
A ll o th e r c o u n trie s .

$ 1 ,4 7 0 ,1 9 5 $ 4 3 ,6 7 9 ,1 7 7
8 ,9 4 2 ,4 9 8
3 4 5 ,0 3 5 1 9 ,9 9 1 .9 1 8
2 5 2 ,2 4 6
7 ,7 9 9 .1 7 8
3 ,2 6 0
2 5 6 .8 3 5
9 ,1 3 1
1,194.121
9 3 ,9 0 3

T o ta l 1 8 9 6 .........
T o ta l 1 8 9 5 .........
T o ta l 1 8 9 4 ..........

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

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

and

g lrm n cta l.

BANKERS,

Imports

$ ............... $ 1 2 ,0 8 9 ,2 6 0
8 ,3 5 7 ,5 4 1
2 7 ,0 0 2 ,0 6 6
8 1 5 .2 2 1
1 0 6 ,9 8 5
62
2 ,8 3 7 ,7 1 7
6 8 ,0 0 0

Bonds.
$ 2 0 ,0 0 0 M e tr o p W. S. E le v .
R R . o f C h ic . 1 s t 5 s , 19 4 2 ,
F & A .......................
64*3
$ 5 ,o o o P e n n s y lv a n i a S te e l
Co. 5s, i« 1 7 M & N ................. 1 0 0
$ 1 0 ,0 0 0 J e r s e y C ity 7 s I m p .,
19 0 5 , J & l> ....................1 1 <5g & in t.
$ 1 3 ,0 0 0 P o r ts m o u th & S u f ­
fo lk W a te r C o., V a ., 1 s t 6s,
19 1 3 , J & J ........................ . . . 80
t*6.O0'»Na s e m o n d W a te r Co.
of V a 1 s t 6 s. I rG.L vi&N . 81
$ 1 ,0 0 0 C a th o lic C lub 2 d 4*$s,
1 9 1 0 , M A N ............................... 8 2

2 7 Sc 2 9 P I N E S T R E E T ,
6 5 State Street, Albany.

EXPORTS AND IMPORTS OP SPECIE AT NEW YORK.

Exports

C e n tr a l N -t. l a n k ........ 128*4
7 th N at. B a n k .................105
I m p ’s & T r a d ’s N a t B k.536*a
N a t. Bk. o f C o m m e r c e .202%

Spencer T r a s k & C o . ,

T o ta l 4 5 w e e k s $ 3 3 4 ,9 6 5 ,4 1 4 $ 2 9 6 ,5 2 2 ,4 5 7 $ 3 1 4 ,3 3 6 ,6 5 9 $ 3 2 8 ,4 9 3 ,9 9 3

The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following table shows the exports and imports of specie
at the port of New York for the week ending Nov. 14 and
since January 1, 1896, and for the corresponding periods in
1895 and 1894:

100
10
5
4

NEW

YORK.

S E C U R I T I E S .

D. D a v i s &
BAN KERS,

C o .,

NO. 3 6 W A L L S T ., N E W Y O R K .
Sam

uel

D.

D

a v is

.

Ch

a s

G e o r g e B a r c l a y Mo f f a t .

M

.

B.

V

an

N

ostra nd

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

o f f a t

& W

h i t e

,

BANKERS,
30

PINE

S T R E E T

-

-

NEW

I NVESTMENT SECURITIES.

Y O R K

.

THE CHRONICLE.

November 21, 1896,j

g lit

selling % premium; New Orleans, bank, par; commercial
SI 50 discount; Chicago, 70o, per $1,000 premium; St. Louis
75c. per 81,000 premium.
Posted rates of leading bankers follow:

j a n k e r s ' O m a ttte .
D I V I D E N D S .

iVa m e o f C om p a n y .

P er
Oeni.

K a llr o a d * (S te a m ).
C e n tra ! 3Cafls«obf&ett« p r e f -----t l l *m- e 1i a a e *■»ti *.
O a ln m e t & Hfeela M in in g .......... .
Cod a d u l a t e d
o f B a ltim o r e ..
M M i - P e n ia . C a r pee f . . . . . . . . . . .
N a tio n a l L - a d p r e f . ( q u a r
P a c ific '• fa ll.. . . . . . . . . .
. .. ..
S till w e ll-B ie rc e ■& S m ith -V a lle
p re f. iq a a ir.). . . . . . . . .
........

W hen
P a ya b le.

‘I
i%
1

Dec
i Deo.
Nov.
Dec.
D ec.

2

D ec.

B o o k s closed.
{D ay 8 in c lu siv e .)

1 1N ov. 21 to

7 5o» !Dec.
$5

17
1
27! N ov. 24
15 N ov. 26
l ; N ov. 2 4

D ec.

N ovem ber 20.
1

to
to
to N o r. 27
to D ec. 15
to D ec. X

i ' N o v . 21 to N ov. 30

* O n a e c o i c t o f a c c u m u la te d d iv id e n d s .
W A L L S T R E E T , F R I D A Y , N O V . i£0, 1 H 9 6 - 5 F . &1.

The Money Market autl Financial Situation.—The gen­
eral situation, as it relates to Wall Street operations, has
undergone very little change during the week. Business at
the Stock Exchange has been more limited in volume than
last week, but is in a more normal condition and confidence
is becoming more firmly rooted.
Increasing activity in industrial affaire continues to be
a feature, although not so protounced as daring the ten
days immediately following the election. The larger volume
of business is shown by the increasing number of freight
cars now being handled by many prominent railroads
throughout the country, and by an increase of 1W per cent
in the hank clearings.
The fact that several railway systems report a decrease of
earnings compare i with those of J885 is accounted for by
the fact that last year the traffic was unusually heavy. Cur­
rent reports compare favorably with those for the corres­
ponding period o f 1894
The foreign exchange market is an interesting feature. It
has been alternately easy and firm, with corresponding
fluctuations in rates. The tendency to firmness was stimul­
ated by the high discount rates now ruling in London, wl ile
our present foreign trade conditions naturally had an oppo­
site effect. The statistics o f the foreign trade of the United
States for October, issued this week by the Treasury Depart­
ment, are significant. They show for that month the largest
balance in our favor we have ever had with the single ex­
ception o f December, 1891.
The condition of the banks and the money market is
evidence of the fact that hoarded money continues to flow
into the channels of trade. The bank statement to be issued
to-morrow will doubtless show a further large increase in
reserve and in deposits; the money market has been growing
easier day by day.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2}4 to i per
cent. To-day’s rates on call were
to 8 per cent. Prime
oommcTcial paper is quoted at 4jg to 5 per cent.
The Bank o f England weekly statement on Thursday
showed an increase in bullion of £213,942, and the percent­
age of reserve to liabilities was 62'53, against 52'40 last
week ; the discount rate remains unchanged at 4 per cent.
The Bank o f France shows an increase of 3,978,000 francs in
gold and 2.724,000 francs in silver.
The New York City Clearing-House banks in their statement
of Nov. 14 showed an increase in the reserve held of f t 8,673,500
and a surplus over the required reserve of $23,503,925, against
114,810,400 the previous week.
!

■

1896.

A'or. 14.

-

' D lJ P e r m ’r t r o m '

i P r e t. ireek,

j

C apita!..,...........I 60,772,700!
S arnia*......... .
73.7««,700‘

-

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

1895.

j Sov. 16.

;

J

1894.

j S o t . 17.

j

909

J

61,122,700! 61,622.700
J 72,8.-9,000 71,259,000

L o a n * A rtU r 'u t* ,'44 5 ,4 0 9 ,6 0 0 I n c . 3 ,2 2 8 ,0 0 0 4 9 2 ,B 3 3 ,5 0 0 ;4 9 9 ,9 3 7 ,0 0 0

Circolati.m........ 20.4»»,1< O Deo. 17,2001 14,1 6 1 ,300, 11,170,000
Set itonclt*...... 454.357,500 [dc.15019900 526.229,600 594,547,400
Spwit..................... 7 1 .9 6 8 ,9 0 0 l e e .8 .2 6 6 .3 0 0 6 5 ,7 6 7 ,9 0 0 9 4 .4 2 1 ,1 0 0
Legal tender*__ ! 65,124,40® tno.4,407,200. 8 0 ,193,300 117,189,800
Reserve held...... 137.093,300 Ine .12673500 151,961,2O0!211,6!0,900
IdMtai reserve.... 113,5-0.375 Jnc .3,979,975 131,557,150:148,636,853
Sarpln* reserve 23.503.925 Ino .6.693,525 20.404.Q5o! 62.974,050
Foreign Exchange.—The foreign exchange market was
steady to firm during the early part of the week under a
fairly good supply of commercial bills and a moderate de­
mand, It m firm on Thursday but is easier to-day.
T o-day's a c tu a l ra te s of ex ch an g e w ere as follow s: B ankers
sixty day?’ sterling, 4
{ demand, 4 85%@4 86;
cables, 4 8<5>*®4 8 6 § ,
The follow m t were the rates o f domestic exchange on New
Yor k- at the i der-mentioned cities to-day: Savannah, buying
1-18 discount, selling p a r; Charleston, buying % discount,

S ix ty D a y s.

D em and

P rim e b a n t e r s ’ s te r lin g b ills o n L o n d o n .. 4 83 @4 83ia 4
87
?rim© c o m m e rc ia l..................
4 8 1 % » 4 82
D o coin e n ta r y c o m m e rc ia l............................ 4 81 ® 4 81%
5 2 H S le -5 21 Vg 5 20@ 5 195 i 6
A m s te rd a m (g u ild ers) b a n k e r s ...................
3 9 v8®391516 40S1p'8>40U
F r a n k f o r t o r B re m e n (re io k m a rk s) b ’k e rs 94% e @94S8
9551e'a9538

United States Bonds.—Sales of Government bonds at the
Board include $303,300 4s, coup., 1925, at 119V to 119%;
$100,000 4s, reg., 1925, at 119%; $33,000 4s, coup., 1907, at
110; $25,500 4s, reg., 1907, at 109% to 110%; $129,000 5s,
coup., at 112% to 113, and $1,000 5s, reg., at 112%. The
following are closing quotations:
In te r e s t
P e rio d s
2 s ................................ r e * .
4 s , l » u 7 . . ______r e g .
4s, 1 9 0 7 .............. c o o p .
4 s , 1 9 2 f t ................. teg.
4 s, 1 9 2 5 ............. c o u p .
5s, 1 9 0 4 _____. . . r e g .
5 s , 1 9 0 4 .......... .c o u p .
6 s , o n r ’c y , ’ 9 7 . . r e g .
6 s , o a r ’c y , ’ 9 8 . . . r e g .
6 s , o n r ’e y . ’9 9 . . . / e g .
4s, ( O h e r . ) 1 8 9 8 . r e g .

N ov.
14.

N ov.
16.

N ov.
17.

,-M eh. * 9 5 * 9 5 * 95
. - J a n . * 1 0 9 * 9 1095 q * 1 0 9 %
.-J a n .
*1 0 9 % ! l l o
.- F e b . 1 1 9 % * 1 1 9 % * 1 1 9 %
. - F e b . • U 9 s 119% 1 1 9 1 s

.-F e b .
2% -1 1 2 %
1124
. .- F e b . * 1 1 2 * 4 1 1 2 % * 1 1 2 %

J . & J . *101 * 3 0 1 * 4 n o i l s
j . A J * 1 0 3 % *103h > * 1 0 3 %
.T. A 5 * 1 0 5
*105
*1 0 5
M a rc h . *1 0 1 % *1 0 1 % *1 0 1 %

N ov.

N ov.

N ov.

18.

19.

20.

* 95

* 95

110
*109%
*119 13
*119%
*1125s
U 25ft
* 1 0 i%
*1 0 4 %
*106
*10 2

n o
*1 1 9 %
119%
*1 1 2 %
113
*10 1 %
*1 ^ 4 %
n o6q
*102

4 b, (C h e r.) 1 8 9 7 -re « M arc h . *101%) *101% *101% *102
4s, ( C h e r.ll8 9 S .re g . M a rch . n O l h j *101% *!01>s *102
*101% * !01i« *102
4», ( C h e r.) J 8 9 9 .re e . M a rc h .

* 95
* 1 0 9 % li o i f l

*102
*102
*U 2

*1 0 9 %
n i9 J*
*119 13
*112%
113
*102
nc4%
*1 0 6 4 t
*1 0 2

*102
*102
*102

* T h is i s th e p ric e Did a t th e m o r a in e b o a rd , n o sa le w a s m a d e .

United States Sub-Treasury.—The following table show
receipts and payments at the Sub-Treasury,
Dale.

R e c e ip t..

B a la n ce s.

P a y m e n ts.

Nov. 14
** i e
.. 17
“ 18
“ 19
“ 20

$
2 ,8 2 9 ,4 1 4
2,234 .6 7 1
2 ,7-27,688
2.93 7 ,8 5 5
2 ,8 9 0 ,6 2 9
3 ,2 0 1 ,6 2 0

%
4 ,€ 8 2 ,0 8 4
3,15 8 .0 2 5
3 ,5 2 6 ,7 6 2
3 .3 6 1 .6 3 0
3 ,1 7 0 ,1 1 2
3 ,4 6 8 ,6 8 5

T o ta l

16 ,8 2 1 .8 7 7

2 1 ,3 6 7 ,2 9 8

O om .
9

120,319,903
1 2 0,480,141
120,5 0 9 ,4 I s
120,7 5 0 ,9 6 4
1 2 0 .8 6 8 ,5 5 6
120,895,481

C oin Oerl’s.
*
1
6 0 0 ,1 9 8
1,023,9701
1,032,955
3,0 6,2 5 5
9 1 9 .6 8 8
1 ,0 5 4 ,5 7 7

C u rre n cy .
9
5 1 ,2 6 8 ,8 3 8
4 9 ,7 6 1 ,5 7 6
4 8 ,9 2 4 ,1 4 0
4 8 ,2 9 5 ,5 2 0
4 9 ,9 7 5 ,0 0 1
4 7 ,5 4 6 ,1 5 1

Coins.—Following are current quotations in gold for coins:
S o v e re ig n s............ $ 4 86
N a p o le o n s .............. 3 8 4
X X R e ie h ru a rk s. 4 7 0
25 P e s e ta s ........... . 4 7 7
S p an . D o u b lo o n s.15 5 5
M e r. D o u b lo o n s. 15 50
F in e g o ld b a r s . . .
par

® $4 89
® 3 88
® 4 80
® 4 81
©15 7 5
® 15 75
pretu.

F in e s liv e r b a r s . .. — 6 .> ® — 66
F iv e f r a n c s .............— 9 3 ® — 95 la
M e x ic a n d o lla r s .. — 50?s® — 51 h i
D o u n c o m ’c i a l . . ------- ® ---------P e ru v ia n s o ls ____ — 45M ® — 47
E n g lis h s l l v a r . . . . 4 80 ® 4 86
U . 8. tr a d e d o lla r s — 65® —75

State and Railroad Bonds.—Sales of State bonds at the
Board are limited to 815,000 Virginia 6s deferred trust re­
ceipts, stamped, at 7%. and *2,000 Virginia fund, debt 2-3s of
1991 at 61%.
The principal change to note in the railway bond market
is a more limited volume o f business Offerings o f highgrade bonds have been readily absorbed by investors. The
activity has been chiefly with the low-priced issues, includ­
ing American Spirits, Atchison, Reading, Northern Pacific
and Texas & Pacific bonds, but extends in some degree to
Chicago & Erie, Chicago & Eastern Illinois, Hocking Valley,
Rock Island, St. Paul, Mo, Kan. & Texas, Fort Worth & D.
C., Oregon Improvement, San Antonio & A, Pass, Southern
By.. Union Pacific, U. S. Cordage, Wabash, WestShore and
Wis. Central issues.
Southern By. bonds were weak on the failure of the Ryan
syndicate to obtain control of the Seaboard Air-Line. Fort
Worth & Denver City have advanced, on the restoration of
the property to the control o f the company.
Railroad and Miscellaneous Stocks.—The stock market
has been exceptionally narrow notwithstanding the per­
sistent efforts of traders who work for a lower range of
prices. There are a few exceptions to the rule in the rail­
road list, including Manhattan Elevated, Southern Railway
preferred and some o f the granger shares.
Tills is not surprising in the case of Manhattan Elevated,
which had advanced over 13 points within two weeks. All
the Southern Railway securities have been weak for reasons
mentioned above, and the grangers were depressed because
of unfavorable traffic reports. The new Northern Pacific
preferred (when issued) has been in favor and is one of the
strong features of the market. The coal stocks have been
strong on limited sales.
The miscellaneous list has fluctuated more widely under
active manipulation. American Tobacco has declined nearly
7 points. Metropolitan Traction rose 5 per cent on the
declaration of the 20 per cent scrip dividend on Wednesday,
but the advance was not sustained. American Sugar and
Term, Coal, Iron & Ry. are 2% and 2 points respectively
lower than last week. Pacific Mail advanced 2% points,
as it is again on the list of dividend-payers. American
Spirits has been heavily dealt in and had advanced 2 points
on Wednesday, when it sold at 14%, but has dropped back
to last week’s quotations. General Electric, Western Union,
U. S. Leather preferred and Chicago Gas are fractionally
lower than last week.

THE CHRONICLE.

910

NEW YORK STOCK EXCHANGE — ACTIVE SPOOKS fo r week ending

[VoL. LX III,
V O V. •£&,

and since JAN. 1, 1898.

H IG H E S T A N D L O W E ST P R IC E S .
S a tu rd a y ,
N o v . 14.

M onday,
N ov 16.

T uesd ay ,
N o v . 17.

W ed n esd ay ,
N ov. 18.

F rid a y ,
N ov. 20.

T h u rsd ay ,
N o v . 19.

STO CKS.

S a le s o f
R a n g e fo r y e a r 1896.
th e
[On basis o f too-share LotA ]
W eek,
S h a re s.
L o w e s t.
H ig h e s t.

A c t i v e It I t . s t o c k s .

1 4 7 8 1 5 % A t.T o p . & S .F e , a l l i n s t a l . p a i d
24% 25
Do
p ref
%
1
A t l a n t i o & P a c i f i c .....................
%
1 7 % 1 7 % *17% 1 8
*17% 18
B a ltim o re & O h io .......................
17% 1 8
*17% 18
* 2 1 % 22
22
* 2 0 % 22
21
21
B ro o k ly n R a p i d T r a n s i t ..........
22
22
22
* 5 7 % 5 8 % C a n a d i a n P a o it io .......................
*57% 5 9
*57% 58% *57% 59
60
*58
5 9 % *58
49
49
4
9
%
5 4 8 % 4 8 7s |C a n a d a S o u t h e r n ........................
48% 4 8 %
49
49
49% 50
1 0 6 % 1 0 7 % !C e n t r a l o f N e w J e r s e y .............
106% 106% 107
105
106
*106% 107% ' 106% 106% 106
5 1 5 % 1 5 % C e n t r a l P a o itio .............................
*16
17
17
* 1 6 % 1 7 I * 1 6 % 1 7 % *16% 1 7 % *16
16% 17%
1 6 % 1 7 % C h e s a p e a k e & O h i o ...................
18% 17%
17% 18% ' 17% 17%
17% 17%
1 6 0 ...........( C h ic a g o & A l t o n ............................
*160
........... * 1 6 1
* 1 6 1 ' .......... * 1 6 0
.. *160
8 1 % 8 2 % x 7 9 % 8 0 % C h io a g o B u r l i n g t o n & Q u in c y
81% 82
82 % 82%
81% 82%
81% 82%
40
50
*40
50
C h io a g o & E a s t e r n I l l i n o i s . . .
*40
50
*43
50
*40 50
*40
50
95
100
*95 1 0 0
Do
p ref.
‘9 5
100
*95
100
*93 1 0 0
*95
100
76% 77
C h io a g o M ilw a u k e e & S t. P a u l
76% 77%
76% 76%
78
78%
76% 78
76% 77%
*129 130
5130 130
51 2 9 % 1 3 0
Do
p re f.
1 2 9 % 129% 129% 129% 5130
130
105
1 0 5 % C h ic a g o A N o r t h w e s t e r n .........
106
105% 105% 105
106
106 I 105% 105% 105
106
5150 1 5 0
Do
p ref.
-15148 1 4 8
7 0 % 7 1 % C h ic a g o R o o k I s l a n d & P a o itio
71
71%
70% 71%
72% 73%
71% 72%
71% 71%
4 2 % 4 3 ' C h ic a g o S t. P a u l M in n . & O m
542
42
42
*42
43
42% 42%
4 2 % 42% ! 4 2
*125
127%
Do
p re f.
128
125
127% T 2 5
*123
126
*124 1 26
*124% 127
5 3 1 % 3 1 % C le v e . C in e in . O h io . & S t. L . . .
31% 32
31% 31%
32% 32%
31% 3 2
31% 31%
85
85 I
Do
p re f.
85
85
1 8 7g 1 9 %
19
1 9 [ C o lu m b u s H o c k i n g V a l. JfcTol
19
19%
19
19% ! 1 8 % 1 9 %
19% 19%
*54
60
Do
p ref
‘5 4
60
60
*55
*54
61
* ........... 6 0
60
124% 123% 128
1 2 8 % D e la w a re & H u d so n
1 27% 127% 127% 127% ; 1 27% 1 27% 126% 127
*157% 160
D e la w a re L a o k a w a n n a & W e s t
1 5 7 % 1 5 7 % •158 1 6 0
•1 5 7 % 1 6 0 % * 1 5 7 % 1 6 0
*157% 160
*13
1 3 % •1 2 % 1 3 % * 1 2 % 1 3 % * 1 2 % 13% * 1 2 % 1 3 % D e n v e r & R io G r a n d e _____
*13
14
*44
45
Do
p ref.
*44% 45
45
45
45
45
*45% 46%
*44% 4 5 %
1 6 % 1 6 % 5 1 6 % 1 6 % E r i e ......................................... .
16
16%
16% 16% 5 16 % 16%
1 6 % 17
37%
Do
1 st p re f
37% 37%
37% 37% 537
3 7 % 37% *37
37
‘ 37% 38
*21
23
Do
2d p re f.
521% 2 1 %
23
*21
23
521% 2 1 % * 2 1
*31
33
E v a n s v i l l e & T e r r e H a u t e ___
*31
33
*31
33
33
‘3 1
33
*
1
1
9
1
2
2
1
2
1
G
r
e
a
t
N
o
r
t
h
e
r
n
,
p
r
e
f
..................
*119
121
*119
1 2 0 *118
122
*120
125
120
9 5 % 9 5 % I l l i n o i s C e n t r a l ............................. .
90
*95% 9 7
'9 5 i s 9 8
6961*2 9 6 % §9 5 % 9 6 % *95
8%
I
o
w
a
C
e
n
t
r
a
l
.................................
9
8%
*8%
8 7s
8%
*8%
9%
•8 %
*8%
9%
9%
30
30
31
.
Do
p re f
30
30
*29
*30
32
33
*31
3 2 ^ *30
*18% 20
L a k e E r i e & W e s t e r n ___ ____
19
19
19
*18% 20
19
1 9 % 19»4 *18% 2 0
*71
73%
72
72
, Do
p re f.
73
73
7 3 % .§ 7 2
*72
7 3 % §7 2 % 7 3
1 5 1 % 1 5 1 % L a k e S h o r e & M io h . S o u t h e r n .
*150% 153
152% 152
152
152
152
§151 151
*151
5 9 % 5 9 % L o n g I s l a n d .............................
62
62%
68
68
*64
*64
68
663
63
*61
5 0 % 5 0 % L o u i s v i lle A N a s h v i l l e ...............
50% 51%
50% 51%
52%
51% 52
50% 51%
52
*1
*1
1% L o u is v . N e w A lb a n y & O h io ..
*1
1%
1%
1%
1%
§%
2 78
3
2%
Do
p re f.
3
*3
§2 %
2%
*3
3%
3%
2%
3
97
98
M a n h a tta n E le v a te d ,o o n s o l..
96% 97%
9 7% 98%
9 9 % 10 0 %
97% 99%
9 8 % 100%
1 1 0 % 1 1 0 % M e t r o p o l i t a n T r a o t i o n ............
109% 112
109
109
109
108% 114
107% 109
109
M ic h i g a n C e n t r a l .........................
695
95
21
*20
M in n e a p o lis & S t. L o u i s . . . . .
21
20
20
20
*19
20
20
*19
21
20
*75
78
Do
1 st p ref
78
‘ 77
78
*77
80
*76
78
§78% 7 8 % *77
*45
48
Do
2d p ref.
50
*47
50
48
*46
50
*47
48
-4 7 ia 5 0
1
3
%
1
3
%
M
is
s
o
u
r
i
K
a
n
s
a
s
&
T
e
x a s .........
1
3
%
13%
1
3
%
1
3
%
14% 14%
13% 14%
13% 13%
29% 29%
Do
p re f.
28% 29%
29
29
293s
29% 30%
29%
29% 29%
2
3
%
M
is
s
o
u
r
i
P
a
o
if
lo
.......
...............
2
3
%
2334
2
3
%
2
4
%
24*2 2 4 %
2 3 i« 2 4 %
2
3
%
23% 24
M o b ile A O h i o .................................
23
23
23%
*22
2 3 % *22
*2 2 % 2 4
*22
24
2 3 % *22
N a s h v .C h a tt a n o o g a & S t .L o u is
*
*
4 5 % N e w E n g l a n d .................................
45%
45
45% *
45% *
.......... 4 5 %
9
5
9
5
N ew Y o rk C e n tra l & H u d s o n .
9
5
%
95
95%
9o
§ 9 6 % 96*8 §9 5 % 9 5 % §9 5 % 9 5 7e
N e w Y o r k C h io a g o & S t. L o u is
13
§ 1 2 % 1 2 % *1 2 % 1 4
*13
1 3 % •1 3
14
13
1 3 ia 1 3 %
*
7
0
8
0
Do
1 st p ref.
*70
80
80
80
80
*75
80
*78
*75
*7 5
28% 28%
Do
2d p re f.
30
31
30
*29
31
31
*28
*28
*29
*29
*
1
8
1
1
8
3
N e w Y o rk N e w H a v e n * H a rt.
184
*181
184
§182
183
*181
184
*181
*181% 183
1 5 % 1 5 % N e w Y o r k O n t a r i o <fe W e s t e r n .
16
16%
16
16
16%
15% 15%
16% 16%
16%
11
11
N e w Y o r k S u s q . & W e s t., n e w .
10% 10%
10% 10%
11
§10% 10%
11
10% 1 0 %
28% 28%
Do
p re f.
28
29
2 8 % 2*$%
29
29
27% 28
28
*28
1 2 % N o r f .A W e s t e r n , a l l i n s ta L p d .
*12
13
12% 12%
1 2 % 1 2 % *12
1 2 % 1 2 % *12
13
19
*18
D o p re f .,tr.o tf s .a llin 8 .p d .
18% 19
19
19
*18
1 8 % 18%
*18% 19%
18%
1530 1 5 % N o r. P a o ., a l l i n s t a l m ’t p a i d .
15
16% 16%
1 5 ia 1 6 %
1534
15% 15%
1 5 % 1530
2 5 70 2 6 %
D o p r e f .,a ll in s ta l. p a id .
26% 26%
25% 26%
2 6 % 2 7 is
26% 27
26% 20%
O r . R y * N a v .C o . r e o . a s s t . p d .
*20
25
*20
*21
25
25
25
*2i
25
*20
25
*20
*15
17
O r .S .L .A U .N o r .r e o .a l l i n s . p d
17
*15
18
*16
*16
§ 1 7 % 17%
17
3030 3 1
3 0 % 3 1 % P b ila . & R e a d in g a l l I n s t. p d .
30
30%
30% 31
2 9 % 3030
29% 30%
P i t t s b u r g O in n . O h io . & S t. L .
15
15
15
*14
* 1 4 % 16
15
* 1 3 % 10
1 5 % * 1 4 % 16
53
Do
p re f.
§53
55
55
54
” 50
x4 9
54
*50
*49
*50
55
P itts b u r g & W e s te r n ,p r e f ....
R io G r a n d e W e s t e r n . . . .............
R o m e W a te rto w n & O g d e n s b .
*113
*113
*113
*113
* 1 1 2 ia
*112%
S t. L o u i s A lt. <fe T . H . , t r . r e o t s
*56
62
62
62
*56
*56
*56
62
S t. L o u i s S o u t h w e s t e r n .............
5
*4%
5%
5
5
§5
5%
5%
5%
5%
*4 %
Do
p re f.
10 % 10%
11
11
11
11
11
S t. P a u l
D u lu th ...
*21
2
5
*21
*21
25
2 4 % 2 4 ifl *21
25
*21
25
25
Do
p re f.
*80
87
87
*80
‘ 80
*80
87
*80
*80
87
87
87
S t. P a u l M in n . & M a n i t o b a . . .
113
112% 1 1 2 % *111
*110
113
114
112
111% 111% 112
S o u t h e r n P a o if lo C o ..............
16
1 6 % 1 6 % *15% 1 6 % * 1 5
1 6 % 17
16% 16%
16% 10%
1
0
%
S
o u th e r n ,v o tin g tr u s t, o e r tlf
1
0
%
11
10% 10%
1 0 % 10%
10% 10%
10% 10%
D o p re f., v o tin g t r u s t , o e r t
29% 30%
29% 30%
31% 31%
31
31%
30% 31%
29% 30
T
e x a s & P a o if l o .....................
10% 10%
10% 10 %
10% 10%
10% 10%
10
10%
9 % 10%
T o le d o <fe O h io C e n t r a l .............
*20
35
*20
"20
35
*20
*20
*20
3ft
35
35
3ft
Do
p re f.
*50
75
”50
75
*50
*50
75
75
*50
75
75
*50
1 0 % 1 0 % U n io n P a o if lo t r u s t r e o e i p t s . .
11
10% 10%
1 0 % 10%
11%
1 0 % 11
10% 10%
U
n
io
n
P
a
o
iflo
D
e
n
v
e
r
&
G
u lf.
3
3
*3
3
3%
2%
3%
*3
*3
3%
3%
§2 %
7%
7 % W a b a s h ______ _ . . . . . . . . . . .
7%
7%
738
7
7%
7%
7%
7%
7%
7%
Do
p re f.
17% 17%
1 8 % 18%
17% 18%
17% 17%
17% 17%
17% 17%
W h e e lin g & L a k e E r i e ...............
9
8%
9%
8%
8%
8%
9
8%
8%
8%
8%
9%
Do
p re f.
33% 33%
”34
34%
34% 34%
34
3 3 % 33% §33% 33% §34
2 % W ise . O e n . C o ., v o t i n g t r . o r i s .
3
*1%
<3
4
3
3
*1%
3
*1 %
3
3
M is c e lla n e o u s S to c k s .
14% 15%
15
15
*16% 17
15
15%
15
15
15% 16
Do
p ref.
58
58
* 5 5 % 58
‘55% 58
”57
58
*56
‘56
53
*56
12% 13%
13% 14%
12% 13%
12% 13%
1 2 % 13
13% 14%
3230
Do
p re f.
31% 32%
29
31%
31
31%
30
29% 31%
31% 32%
1 1 9 % 1 2 0 % 1 1 7 % 1 1 9 % 1 1 7 % 1 1 9 % 1 1 7 % 1 1 8 % 1 1 6 % 1 1 8 % 1 1 6 % 1 1 7 % A i n e r i o a n S u g a r R e f i n in g C o .
Do
p re f.
1 0 1 % 101% *101% 10 3
<103% 103% 102
L02
101% 102
102
102
76% 77%
76% 76%
83
83% x76% 78%
77%
75% 76%
76
Do
p ref
100
101
L01
10050 1 01
02% 101
102
L02
LOO
1 0 0 % 101
76% 7 7 %
77% 78%
76% 77%
77
77%
77% 78
76% 77%
163% 167
162% 1633s 163
l63% 1 6 3
L63
8163% 163% 162
163
33%
33% 33%
33% 34
32% 33%
33
32% 33%
33% 34%
27% §26
26
26
20%
27
*26% 27%
26% 27
26% 26%
p ref.
Do
9
2
%
91
91
90% 91%
91%
91
§ 9 0 % 9 0 i s *90% 9 1 %
91
530
5%
5%
*5%
5%
5%
*5%
5%
5%
5%
5%
5%
2730
27
27%
28%
27
27%
25% 26%
27% 28%
26
28%
*120
*190
*120
*117
*116
*117
160
157% 157% *157
1 5 9 % 1 5 9 % 1 5 9 1 s 1 5 9 ia 1 5 8
158
158
158
65% 65%
65% 65%
€ 4 % 64% *64% 65
65% 65% *64% 65%
28% 30
29%
30% 31%
30%
29
30
28% 30
3 0 i8 3 0 %
6%
6%
7
6%
6%
6%
7%
6%
7
%
6%
6%
P r e f . , t r . r e o . a l l in s . p d .
12% 12%
12% 12%
12% 13%
12% 12%
12% 12%
135s 13%
;ed S t a t e s L e a t h e r C o ........
10% 1130
1 0 % 1L30
1 0 % 11
103a n %
11
10 % 10%
D
o
p ref.
66% 68
66% 07%
66% 67
6 7 % 6 7 ia
6 % 67
60% 67
24
24%
24% 24%
24% 25%
2 3 % 2430
2 4 % 24%
24% 24%
80% 80%
80%
80
8 1 % 81 %| 8 1 % 8 2
80% 80%
80% 80%
87% 87%
8 8 % 8 8 %l 8 7 % 8 8 %
87
87% , 87% 88%
87
87%
15%
26%
%
17%

16*4
26%
%
18

15%
25%

16
26

1%

15%
25%

15%
26

*21

15
25

*%
*21

15%
25%

15%
25%

7s 51

15%
25%

1

549

1 3 ,5 9 1
1 1 ,9 5 1
1 ,1 0 5
1 ,2 6 0
255
969

2,2 8 7
20
9 ,3 8 7
6 4 ,9 3 7
9 7 ,3 4 8
562
5 ,1 0 1

100
3 0 ,0 4 2
1 ,1 5 0

2 ,3 4 1
700
5 ,2 2 0
2 ,1 4 2
150

200
1 ,5 9 0
396
115
100
350
146
500

22% 22%

§% %

%

200

300
367
453
963
3 3 ,5 0 2
196
644
3 2 ,9 9 6
8 ,5 4 3

10

825
10

100

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

100

3

n% n%

5%

n% *n

n%

*m

n%

T h e se a r e b id a n d a s k e d ; n o s a le m a d e.

§ L e ss th a n 1 0 9 sh a re s .

966
250

100
16
5 ,0 9 5
1 ,5 9 0
1 ,2 5 0
400
575
8 ,5 8 6
1 2 ,6 7 4
100
50
1 1 0 ,6 0 9
535
50

1,000
1 ,7 9 5

100
496
700
9 ,4 1 6
2 5 ,0 7 2
6 ,3 2 0
8 ,0 2 5
870
2 ,3 8 5
2 7 ,6 0 5
1 6 .9 1 2
515
205

8% A ug.
14% A u g .
% June
1 0 % S e p t.
18
A ug.
52
Jan .
40% A ug.
87% A ug.
13% A ug.
11
A ug.
> 146 A u g .
53
A ug.
37% A ug.
90
A ug.
59% A ug.
117% A ug.
85% A ug.
140% A ug.
49% A ug.
30% A ug.
117 Ja n .
19% A u g .
73
A ug.
12% A u g .
50 Ju n e
114% A ug.
138
A ug.
10
A ug.
37
A ug.
10% A ug.
27
J u ly
13
A ug.
24
A ug.
1 0 8 % M a r.
84% A ug.
5% A u g .
19
A ug.
12% A ug.
55% A ug.
134% J a n .
5 9 % O c t.
37% A ug.
% O c t.
2
O ct
73% A ug.
79% A ug.
89
A ug.
12
A ug.
54
A ug.
30
A ug.
9% A ug.
16
J u ly
A ug.
15
A ug.
14
570
O c t.
§20 A u g .
88 A u g .
A ug.
9
67% J u ly
20
A ug.
160 J u ly
11% A ug.
6 A ug.
12
A ug.
t% A p r .
t4 % M a y
t% M a y
110 A p r.
tlO
F eb.
t3 % A p r .
•2 % J a n .
11
A ug.
40% A ug.
17
Jan .
16
F eb.
108
S e p t.
53
A ug.
2 7e A u g .
6% A ug.
15
S e p t.
75
O o t.
.0 5
A ug.
14
N ov.
6% A u g .
15% A ug.
5
A ug.
32
June
75
A p r.
3% J a n .
1% A u g .
4% A ug.
11
A ug.
5% A ug.
20% A ug.
1% A ug.

8
J u ly
3 ,4 9 5
37
A ug.
4% A ug.
9 3 ,5 2 1
2 0 ,0 2 8 1 5 % O o t.
A ug.
1 7 7 ,6 8 3 9 5
1 ,1 9 3 9 2 % A u g .
A ug.
1 7 ,3 2 4 5 1
A ug.
5 ,7 9 0 9 5
3 0 ,1 6 5 4 4 % A u g .
A ug.
5 ,9 9 1 1 3 3
J u ly
1 2 .9 1 3 2 0
A ug.
1 ,9 6 0 1 6
A ug.
1 ,1 7 0 7 5
3% A ug.
2 ,8 6 5
2 9 ,4 9 9 1 5 % A u g .
638 138
5 5 ,0 0 0 | 6 2 %
2 8 ,4 0 0 i 1 3
1 7 ,1 4 9 :
3%
2 ,5 0 4 :
6%
3 ,3 6 1
5%
1 3 ,3 0 5 4 1 %
7 ,1 6 9 ' 1 4 %
2 ,3 4 8 i 6 5
2 2 ,1 4 1 ' 7 2 %

t B e fo re p a y m e n t o f a n y in s ta lm e n t.

A ug.
N ov.
J u .y
A ug.
A ug.
J u ly
A ug.
A ug.
O o t.
A ug.

7 18
7 28%
10
1
2 44
10 25%
4 62%
7 51%
10 110
22 15%
8 18%
11 164
7 83%
10| 43
11[ 1 0 0 %
10: 8 0
7 130%
10 106%
28 150
7 74%
8 45%
7125%
8 39%
7 90%
10 20%
22 60
10 129%
10 166
25 14
7 51
71 1 7 %
29 41%
6 25
1 5 ! 34%
13 1 2 1
11 98
13 1 0 %
7 38
10 22%
8 75
7 154%
29 8 4
26 55%
21 1 0 %
23 24%
13 113%
10 1 1 4
2 8 9 7 7s
21 21%
8 83
10 53%
6 14%
20 31%
7 29%
10 25
2 §70
14 51%
6 99%
11 15
28 8 0
10 35 %
23 1 8 6
10 16%
11 11%
8 31%
29 12%
8 19%
23 16%
16 28%
18 2 4
14 18%
7 31%
7 18%
12 5 9
15 20%
8 18%
15 118
14 6 0 %
5%
10
7 13
16 27%
14 91
11 1 1 5
6 22%
7 11%
8 33%
7 12
8 35
6 75
7 12%
5%
29
8
7
7 19%
27 13%
8 40%
4%
21

N ov.
Feb
N ov.
Jan.
A p r.
M ay
F eb.
N ov.
F eb.
N ov.
N ov.
N ov.
Jan.
M a r.
N ov.
M a r.
A p r.
June
Feb.
A p r.
J u ly
F eb.
F eb.
N ov.
J u ly
F eb.
June
Feb
F eb
N ov.
M a r.
M ar.
F eb.
M ay
Jan .
F eb.
A p r.
F eb.
F eb.
Ju n e
Jan ,
Feb.
F eb.
F eb.
F eb.
N ov.
Feb.
Feb.
F eb.
A p r.
N ov.
F eb.
A p r.
Jan.
O c t.
Jan.
Feb.
Jan .
Jan .
A p r.
F eb.
N ov.
Jan
Feb.
N ov.
N ov.
N ov.
N ov.
N ov.
N ov.
N ov.
Feb,
F eb.
Jan.
Feb.
Jan.
Jan.
F eb.
F eb.
F eb.
F eb.
Jan .
Jan.
N ov.
Feb.
N ov.
M ay
A p r.
N ov.
F eb.
N ov.
F eb.
F eb.
F eb.
F eb.

4
24
20
27
23
27
10
4
15
10
9
10
18
5
4
2
23
30
24
27
3
10
20
10
22
11
5
4
24
9
17
16
24
7
31
7
23
5
7
17
7
24
18
13
11
18
11
21
21
22
10
25
24
11
2
28
10
22
22
13
10
10
31
0
10
10
9
11
2
10
10
7
27
31
10
3
3
7
26
24
10
14
14
10
25
10
6
6
4
13
9
24
14
13
24

19
69
14%
33
126%
105%
95
105
78%
167
39%
28%
92%
6%
31

Jan.
F eb.
N ov.
N ov.
A p r.
Ju n e
A p r.
N ov.
N ov.
N ov.
M a r.
A p r.
N ov.
F eb.
Feb.

27
11
19
13
21
12
2
6
7
20
13
21
19
21
10

20
10
7
20
10
8
10
4
8
10
16
10
27
7
7

F eb. 11
7 164
Feb. 24
4 70
20 34% F eb . 10
7% N ov. 13
7
8 14% N ov. 13
16 11% F eb . 8
10 69% F eb . 14
J a n . 13
8 29
J a n . 15
12 89
10 90% N ov. 11

t A ll i n s t a l m e n t s p a i d .

CHE CHRONICLE.

N ovembeb 21, 1896.]

911

\K>y VOltK STOCK EXCBVNUE PRICES (Continued )-IN A C T IV E STOCKS.
ATov. 2 0 .

IHACTIVE STOCKS.
1 I n d ic a te s n u lla te d .

B id .

A sk .

| Range (sales) m 1 8 9 6 .

Lowest.

* N o p r i c e F r i d a y ; l a t e s t p r ic e t h i s w e e k .
NEW

TOKS
B id

B K C U R i r lB B .
C l w B , 5 « ....................................1 9 0 6
( 3 w a C , i i ......................................1 3 0 6
O u n a c r t u n d i n e 4 * ................1 9 2 0
* f k u u w —6 « . f n m l .H o L 1 8 9 9 -1 9 0 0
d o . N o n -llo lfu r< l|
T». * rk * n a a M C e n t r a l B B . . .
L o a l * S a n » - 7 a , o o n a ...................... 9 1 *
S t a m p e d i a ...........—. — .......... ..
V e w o o n o la . 4 a ....................... 19141

STO CK

M ay
Feb.
Feb.
Feb.
Jan.
M ay
M ay
M ay
M ar.
June
M ay
M ay
June
June
Jan.
Feb.
Feb.
Feb.
F eb
M ay
J an.
Jan.
M ar.
F eb .
F eb.
Feb.
Feb.

120
70
36

Jan .
M ay
N ov.

3 4 ‘F e b .
74
182
464
54

N ov.
F eb.
F eb.
A p r.

P R IC E S .

[ O apU ai

t fu r p i'i

L oa n s.

-h
S a n k o f S o w Y o rk .. fJ.OOO.O •1.353,6 •11.530,0
M a n h a tta n C o........... 2,060,0 2,033,4' 13.435.0
906.7 8.349.0
M erc h a u te * .... . . . . . . 2, 000.0
8.008.0
L w M 2.137.2
LM O lO 2.404.6 14.400.1
247.6 3.741.0
r h o o u ......... ........... 1.900.0

S E C U R IT IE S .

S

Total

1150
42
U 13>*
90
I9 i*
J95»s
l 1*

135

91%
101*

"Yl% .....

27%

1271s

{4
150
34

4>4

lOOifl 1 0 3
63^4
!5 3 ^

64"
5 4 i«

27
75
45

28
80
60

+61

16%

18
7H
9
10
2*

6%
7
9
1
320
2
10

3
12

t24<*
43
46
95
100

Highest.

A ug. 154

44

105 "A u g .
78
A ug.
7
O c t.
7 5 4 A ug
4 Feb.
86
A ug.
4 J u ly
1 4 4 A ug.
90 M ay
4 J u ly
1 6 2 4 A p r.
30
M ar.
2 1 4 A ug.
89
Jan.
96
S e p t.
58
O c t.
33
A ug.
35
F eb.
17 J u ly
78
F eb.

N ov.

116 " M a y
97 M ay
33
M ay
96
N ov.
1% N o v .
101
N ov,
4 4 Jan.
3 4 4 Febv.
98
Feb.
4 4 M a r.
1 6 2 4 A p r.
3 2 4 M ay
3 3 4 Ju n e
1 0 0 4 M ay
1 0 0 4 N ov.
6 5 4 N ov.
75
A p r*
35
F eb.
30
A p r1
8 6 4 A p r.

59
40
13
44
5
8
4
120
14
14

N ov.
60
A ug.
72
A ug.
214
Jan.
74
A ug.
84
Jau.
15
Ju n e
44
A p r. 3 4 0
A p r.
24
Ju n e
14

M a r.
Jan.
Ju n e
N ov.
Ju n e

5
12
35
80

Jan.
8 4"
A ug.
28
A ug.
48
A u g . 101

N ov.
N ov.
A p r.
F eb.

B id .

A sk .

S E C U R IT IE S .

F eb,
Feb,
Ju n e
N ov,

Feb.

B id .

T e n n e s s e e —6 s , o l d ...........1 8 9 2 -1 8 9 8

S e w b o n d s , J A J .......... 1 8 9 2 - 1 8 9 8

C o m p r o m is e , 3 -4 -5 6 s ............ 1 9 1 2
3 s .....................................................,1 9 1 3

|S p ee ie .

O)tr...... .............— i 1, 0 0 0 ,0 2.657.0 20.708.0
80,7 2.128.8
Tradearned*.______ ! 760.0
200.0 7.434,9. 22 . 000 , 0 ’
A m Uo s I . . . . ......
600,0
176.1, 3,010,0'
Merohanu' Excb'g*
Raiiatin National...* i.000l# 1.024.6 0,007.9
209.0 1,374.0;
200,0
Batcher* A Drover**
2.080.01
3H .u
400.0
Mechanic*' at Trad'*
91O.0!
176.4
300.0
Green wlob . . . . . . . . . .
492.4 2.830.3
600.0
Leather Manufec’ r*
97,3| 1.452.3
Seventh National..., 200,0
626,2 8.109.5
State of New York.. 1.200.0
American Exchange 5,wu.,j 2.627.6 23.239.0
6 , 000.0 3.589.7 ML8 ft.fl
Broadway............ 1,000,0 1.698.8 6,490.1
078.6 7.026.8
Mercantile........... . 1.000 .0
2.231.0
422.7
Pacific....................
868,9 9,243.91
S a p a b b o — . . . . . . . . 1,600,0
460.0
6.323.9
‘.'•$7.3
1.690.9
202.8
200.0
People'*
683.0 6.307.01
North America....... 1 700.0
H a n o v e r .......................| 1. 000,0 2,053.7| 14.010.4
340,1! 2.709.0
600.0
Irv in g . . . . . . . . . . . . . .
000,0 381.8* 2.203.2
C i t i z e n * ________ — I
282,0! 2,140.0!
600.0
Market A Pulton...! 900.0 1,011,6' 5.474.2
100,9! 3.109.4
Shoe A Leather...... 1,000,0
Oorn Exchange...... 1. 000 ,0 1,199,6 7.984.7
230,7! 4.195.3
Ooo tinoctal............. 1,000,0
307.2 1.035.0
300.0
Oriental ...............
fm porte r*ATrader*' 1.500.0 5.500.3 18,7*2,0
21,703.2,
2,212,4!
2,000,0
P a rk ...................
137.7 1,189.9:
260.0
Baet R iver............
Fourth National— ! 3.200.0 2.040.01 16.870.3
618.8 7.846.0
Central National — 2.000,0
300,0; 044.8 4.037.0
Second National__
2.801.0
333.9
{ •S o
Ninth National.—
500.0 7,208,5 20.374.5
Fuat National.......
244.3 6.073.0
1,000.0
Third National —
08,0 1.204.3
300.0
N. Y. Nat. Exchange
260.01 688.8 2.784.0
fjewerjr..............—
2.647.1
200,0 ! 428.0
New York County..
276.0 2.032.2
Gorman American.., 760.0
0 o £ o 1.445.2, 13.780.9
Chaee National......
0,044,5
100,0; 1,136.0!
Fifth Avenue........ ;
005.7 2.514.7
200.0
German Exchange..
060.6; 2.980.8
200,0
Germania ...........
634,6, 4.835.0
M M
Catted State*........ i
017.3 6.367.1
300.0
LiaooU..................
700,81 3.509.3
200,0,
808,41 1.069.5
200,0;
Fifth National__ I.
808.3 4.200.6
2 00,0'
Bank of the Metrop.
313.3 2, 102.0
200.0
went Bide-----------600 0, 279.0; 6.087.0
A b o a rd ........
329.9 1.040.0
200. o!
Sixth National.......
307.7 11.303.4
Weetern National..* 2 . 100.0
927.0 5.371.01
300.0
F»r*t Nat. Br'klyn..
538,2 j 8.088.7
i t Galon Bank__ 1, 200.0
220,7| 2.219.0
600.0
bertv Nat. Bank.
341.7! 3.670.1
R.Y. Prod. Exch'ge 1,000,0

Loicest.

-STATE BONDS NOVEMBER 2 0 .

100
118
100

107
110

do

4 * * s......................1 9 1 3

V ir g in i a f u n d e d d e b t . 2 - 3 s . . . l 9 9 1
6 s , d e f e r r e d t ’s t r e o 't s , s t a m p e d .

Capital A
Surplus.

Loon*. I Specie.

9
$
9
9
N . Y .'
O ct. 17.. 134.212.9 450.139.3 59.130,4 06,198,5
134.212.9 450,119,5 00.232,3 00,849,3;
“
24..
• 1. 100.0 •1 1 ,2 2 0 .0
134.212.9 440.250.4 02.778,1 00.290.6
937.0 13.B07.O N o v . 31..
7.. 134.212.9 442,179.7 63.702.0 00,717,2
745,4 9.622.0
" 14.. 134,521,4 445.408.0 71,908,9 05,124.4
1.300.0 6.907.0
B o s .'
1.240.0 16.958.7 O ct.
6.037.0 139.020.0
31 . 09.351.8 102.542.0 9.027.0
710.0 3.302.0 N o v . 7. 09.351.8 161.955.0 9.010.0 5.700.0 141.307.0
2.210,4 27.555.0
5.901.0 143.609.0
" 1 4 . 09.351.8 100.904.0 9.472.0
104.2 1.535.7 P h l l a . •
3.053,3! 21.913.0 O
90.078.0
27,1 17.0
ct. 31.. 35.263.0 101.502.0
841,9! 4.210.0 N o v . 7.. 35.203.0 101.030.0
94.295.0
25,4 74.0
764,8! 4.302.0
26,8 80.0
96.501.0
“ 14.. 35.203.0 101.445.0
183,3' 1.090.8
• (Ve om it two cipher* in all thine figure*.
305.0 2.056.0
199.2
♦ Including for 3oaton and Philadelphia the Item “ doe to
885.7

____i60,772.7 73,748.7 445,408.8171.968,9' 65.124.4 454,367,5

61%,

60%

......

8

Legal*.

L e g a l ! . D ep o sits.

432.6 2,048.4
278.01 1.829.0
656.3 2.498.0
4.301.0 17.740.0
2.300,3 12.898.1
483.0 4.518.0
1,544.8! 0,807,1
659.6 2.841.0
881.2 9.587.3
089.9 4.939.2
420.4; 2.420.4
629,8 6.202.5
821,1! 10.409.0
423.0 2.472.0
310.6 2.010.3
623.0, 2.040.0
1.007.9 5.335.0
009.4 3.340.0
1,865.0; 9.027.4
800.81 4.737.0
388.0 1.605.0
4.447.0 20.185.0
3.095.0 25.034.0
108.0 1.129.9
2.300.1 17.232.8
2.350.O| 8.031.0
1.185.0 5.881.0
073.3 3,150.3
1.399.9 18.093.1
702.1 7.135.0
148.3 1.113.6
356.0 2.940.0
207.0 3.194.9
350,6, 2.393.2
1,327,0! 15,909,5
993,0; 7.350.2
502.81 2.980.9
437.2 3.873.9
381.0! 4.877.9
1,423.7! 0.374,2
308.3 3.939.5
295.1 1, 000,0
894,7; 6.310.0
402.0! 2.173.0
674.0' 6.753.0
183.0 1.302.0
3,040.4: 11.322,3
1831.0 0.063,0
069.6 7.381.1
389.4 2,137,0
164,8, 2.080.6

A sk .

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

New York City, Boston and P hiladelphia Banks;
Ba n k s .

(00a omitted.)

Range (sales) in 1 8 9 6 .

A sk .

M liw o iirl—F u n d ........... . .1 8 9 4 - 1 8 9 5

New fork Oltjr Bunk Statement (or the week ending
Nov. 14 189C. We omit two ciphers (00) in ail cases.
S anaa.

.T lis c e lla n e o a s S to c k s .
A d a m s E x p r e s s ................................. 1 0 0
A m e r i o a n B a n k N o te C o f t ........ .......
A m e r i c a n E x p r e s s ...........................1 0 0
A m e r . T e le g r a p h A C a b l e _____ 1 0 0
B a y S t a t e G a s IT ............................. 5 0
B r o o k ly n U n io n G a s ....................... 1 0 0
B r u n s w i c k C o m p a n y ..................... 1 0 0
C h ic . J u n o . B y . & 8 to o k Y a r d s . 1 0 0
C o lo r a d o C o a l & I r o n D e v e l . . . 1 0 0
C o lo r a d o F u e l & I r o n ................... 1 0 0
P r e f e r r e d .........................
10 0
C ol. A H o o k . C o a l tr . r c t s . 3 d . p d . 1 0 0
C o m m e r c i a l C a b l e ..................... . . . 1 0 0
C o n s o l. C o a l o f M a r y l a n d .......... 1 0 0
D e tr o i t G a s ......................................... 5 0
E d i s o n E l e c . 111. o f N . Y .............. 1 0 0
E d is o n E le c . ELI. o f B r o o k l y n . .1 0 0
E r i e T e le g r a p h A T e le p h o n e . . 1 0 0
I ll in o is S t e e l ........................................1 0 0
I n t e r i o r C o n d u i t A I n s ................. 1 0 0
L a c le d e G a s ...............
100
P r e f e r r e d ...........................................1 0 0
M a r y la n d C o a l, p r e f ........................1 0 0
M t o h ig a n - P e n in a u l a r C a r C o . . . 1 0 0
j P r e f e r r e d . . . . ...................................1 0 0
j M in n e s o ta I r o n ................................. 1 0 0
N a t i o n a l L i n s e e d O il C o ...............1 0 0
N a t i o n a l S t a r c h M fg . C o ..............1 0 0
N e w C e n t r a l C o a l ..............................1 0 0
O n t a r i o 8 i l v e r M i n i n g ................... 1 0 0
O r e g o n I m p r o v ’t C o. t r . r e o t s . . 1 0 0
* P e n n s y l v a n i a C o a l.......................... 5 0
Q u ic k s il v e r M i n i n g ......................... 100
; P r e f e r r e d .......................................... 1 0 0
I T e n n e sse e C o al A Iro n , p r e f . . . 100
! f l e x e d P s o if lg L a n d T r u s t ...........1 0 0
U. 8 . C o r d a g e , g u a r . , t r . c e r t f s . 1 0 0
,U. 8 . E x p r e s s ............................. . . . . 1 0 0
W e lls , F a r v o E x p r e s s ...................1 0 0 l

C o n s o l i d a t e d 4 s ........................ 1 9 1 0
6 s .....................................................1 9 1 9
S o u th C a r o l in a —4 %e, 2 0 - 4 0 .. 1 9 3 3
6 s , n o n - f u n d ................................ 1 8 8 8

96

B id .

J A c tu a l s a le s .
EXCHANGE

A *k.

10 14
l u l l * ..........
96
94

1834
114
294
7
1314
102
25
624
70
104
544
162
94
60
6
144
50
16
43
924
25
8
34
18
12
24
1664

Nov. 2 0 .

I n a c t iv e St o c k s .
IT I n d i c a t e s u n l i s t e d .

Highest.

K a il r o a d S lo c k * .
A la a n y A S u s q u e h a n n a .........—.1 0 0 175
.......... 1 7 0
J u ly
A n n A rb o r . .....................
...1 0 0
9
la w
6
Aux.
P r e f e r r e d . . .............
1 0 0 124
2 5 1 171* A u g .
B a l t. A O . 8 . W . p r e f . , n e w .* .—.1 0 0
5
10 ! 7
F eb.
H s iie Y tlie A S o n th . 111. p r e f ........1 0 0
..... 1314 Jan.
B o s to n A 5 . Y . All* L i n e p r e f . . 1 0 0 102 " 1 0 5 ilGO O c t.
22 I 10 J a n .
B d ffa lo R o c h e s t e r A P i t t s b n r g . 1 0 0
11
P r e f e r r e d .................................... . . . 1 0 0
6 2 4 51
M ay
B a r L C e d a r R a p i d s A N o r...........1 0 0
68
70
M a r.
C h ic a g o G r e a t W e s t e r n . . . .................
6
5
4
O c t.
36
A ug.
C le v . L o r a i n A W h e e l, p r e f ........ 1 0 0
C lev© a n d A P l t t a o o r g . . . . . . . . . 5 0 1 6 0 ’
155 J a n .
D es M o in e s A F o i D o d g e -------- 1 0 0
94
5
A ug.
8%
50
60
51
A p r.
P r e f e r r e d . . —. ................................ 1 0 0
O n lu th 8 o . 8 h o r e A A t l a n t i c H .1 0 0
5V
3 \ J u ly
5%
P r e f e r r e d U .......................................1 0 0
1 2 4 1 0 4 A p r.
43
E v a n s v i l l e A T e r r e 11. p r e f .........50
4 4 4 N ov.
13
F eb.
F l i n t A P e r e M a r q u e t t e ................ 1 0 0
34
O c t.
P r e f e r r e d . . . .......................
100
85
Jan.
I l l i n o i s C e n t r a l le a s e d l i n e s — 1 0 0
I n d i a n a I l l i n o i s A I o w a .............1 0 0
25
Jan .
K a n a w h a A .M ic h ig a n ....................1 0 0
6% 8
6 4 M ay
4
2
Jan.
3
K e o k u k A D e s M o in e s ...................1 0 0
12 J u ly
P r e f e r r e d .....................
100
14
17
6 4 A ug.
M e x ic a n C e n t r a l . . . . ........................1 0 0
8
94
1
2 I
M e x ic a n N a t i o n a l t r . o t f s ...........1 0 0
4 M ay
150
A ug.
M o rris A E s s e x ............................... 5 0 1 6 3 i* 1 6 7
N ew J e r s e y A N . Y ......... ............1 0 0
P r e f e r r e d ...........................................1 0 0
V. Y. L a c x . A W e s t e r n . ................1 0 0
........ 1 1 0 0 4 A u g .
M ^ rfo lk \ S o u t h e r n .................. . . 1 9 0
65 % 70
6 3 4 S e p t,
N o r th . P a c . p re M I ( w h e n is s u e d * .. J 3 4 * 3 5 4 3 4 4 N o v .
8
O d io S o u t h e r n ............................. I ” *'3
24
1 4 June
P e o r i a D e c a t u r A E v a n s v i l l e .1 0 0
10
3
Jan .
P e o r i a A E a s t e r n ..................... . . . * 0 0
6
181
O c t.
R e n s s e la e r A S a r a t o g a . . . . . ...* .U 0 181
186
R io G r a n d e W e s te r n p r e f .......... 1 0 0
39 J a " .
5
F eb.
T o l. S t. L. A K a n . C l t y f ................1 0 0
P r e f e r r e d V....................................... lOO

(% Indicates actual sales.J

$

20.521.1
20,510.6
20,495,8
20.510,3
20.499.1

$

5 7 2 .6 6 9 .2
565.327.3
585,652,1
001.922,5
718.890.4

10.285.0 81,243,4
10.283.0 112,349,7
10 . 112.0 105,405,0
0,934,0
0,880,0
6 , 888,0

65.910.0
59.580.0
6 1 .8 6 2 .0

other banks.”

Miscellaneous and U nlisted B o n d s:
M iscellaneous Bonds.

Jllecellnneoue Bonds.

A m er. S p ir its M fg., 1 st 0 s . . .
75 b.
B r’k ly n U n . G a s .ls t cons. 5a. 105 »*b.
Ch. J a n . A 8. Y da.—O o l.t.g .,5 s
Col. C. & I . D eveL g o . 5 s ........
C o lo rad o F n e l A I . —G en . 5a
Col. A H o c k . C oal A I .—6a, g
85 b.
C ons.G as Co.,O hio.—ls tg u .5 a
95 b.
C onsol. C oal c o n v . 0 a...............
75 b.
D et. G as con. 1 st 5 ..................
iwitn,. H I. C o . - l a t 5 a .. 110 b.
Do.
of B k ly n ., l a t 5 a ..
E q u lt. G .-L., N . Y .,cons. g .5 s .
E q u ita b le 0 . A F .—l a t 0 s ---H e n d e rs o n B rid g e—1 s t g .0 a .
I llin o is S te e l d en . 5 a ----N o n -co n v . d eb . 5 a ........
I n t . C ond. A I n s . d eb . 6s.
N ote .—“ 6” in d ic a tes p ric e bid; “ a ”

Manhat. Beach H. A L. g. 4s.
Metropol. Tel. A Tel. la t 5 s..
Mlch.-Penin. Car 1st 5 a .......
Mutual Union Teleg.—0a, g.
Nat. Starch M fg. lat 6a
N. Y. A N. J. Tolep. gen. 5a..
Northwestern Telegraph—7a
People’s Gas A G . / lat g, 0s.
Co., Chicago.......>2d g. 0a.
lat cons. g. 0 a ....... ..............
Sunday Creek Coal la t g. 0a.
U. 8. Leather—S.f. deb.,g.,6s«
W estern Union Teleg.—7 s ...
Wheel. L. E. A Pitta.Coal lstSs
U n liste d B o n d s.
Nor. Pac. prior 4s, w. i ..........
General 3s, w. i. .................J

Bid.

A m erica ....... 320
Am. E x o h ... 170
B ow ery*...
Broadway . .
B utchs'A D r. 130
C eutral......... 128
Chase............ 350
Chatham....... 290
Chemical . . . 4000
C ity............... 500
Citizens’ ....... 125
Columbia___ 175
C om m erce... 2 (0
Continental. 130
Corn E xoh.. 280
East R iver.. 125
11th W ard... 200
Fifth A v e .... 2800
Fifth*............ 250
F ir s t............ 2500
First N., S. I . 100
14th S tre e t..
Fourth . . . . . 170
Gallatin_____ 300

Ask.

B AN K S.

107
105
100
H O ^sb.

85 b .

5 2 ia b .

prioe asked. k L a te s t price th is w eek

Bank Stock L ist—Latest prices this week.
BANKS.

90 b

Bid. Ask.

Garfield------- 400
German A m . 108
174
German S x *
310
Garmania. . 35*6"
230
Greenwich . 105
140
Hanover....... 315
135
H ud. R iver.. 155
Im. A Trad’s’ 530
305
150
Leather Mfa’ 170
L iberty ♦....... 130
135
L in coln .........
M anhattan.. 205'
Market A Ful 220
Mechanics’ .. 190
M’chs’ A Trs’ 125
M ercantile.. 170
Merchants’ . . 135
Meroh’ts Ex. 111
275
M etropolis.. 425
Mt. M orris.. 10 0
N assau......... 150
175
N. Ains'dam 190
185
......... N ew Y o r k ... 220

300

550
100

197
135

250

(*Not listed,)

BANKS.
N .Y .C o ’ nty
N Y.Nat. E x
N in th ..........
19th Ward.
N. America
O r ie n ta l —
P a cific....... .
P a r k ...— ..
P e o p le 's __
P h e n lx ........
Prod. E x.*..
R e p u b lic....
S eaboard. . .
Second.........
Seventh .
ShoeA Le’ th
Stateof N. Y.
T h ir d _____
Tradesm 'n’ s
U nion........
Union 8q.*
U n'd States
W e ste rn .—
W e st S id e..

Bid. A sk
650

iio"
100

130
176
175
260
107
114
140
171
425

195
270*
205
110
100 “
177

100

92
108

100

92
195
175
175
114
275

200

102 %

105

912

1 HE CHRONICLE
tfOSTON, PHlLA.UKIjPU.lA

f

AND BALTIttOKE STOCK EXCHANGES.

t y S h a re P r ic e * — n o t P er C e n tu m P r ic e * .

Active Stocks.
S a tu rd a y ,
N o v . 14

I n d ic a te s u n lis te d .

m e n . T . & 8 . F e § ( B o s to » ) .1 0 0
A tla n tic & P ao .
“
100
B a l t i m o r e & O lilo (Balt.). 1 0 0
B a lt. C ity P a s s ’fje r "
25
B a ltim o re T r a c tio n “
25
B a l t i m o r e T r a o ’n H I P f u l .) . 2 5
B o s to n & A lb a n y (B o s to n ). 1 0 0
B o s to n A; L o w e ll
B o s to n & M a in e .
C e n tra l o f M a s s .
. i n f e r r e d ...........
“
100
O c .B u r .A Q u in .
C ttie .M il.& S t. P . (P hil.). 1 0 0
“
50
O h o O (fe O .v o t.t.c
O lt. 8 t .R y .o f I n d l i
( F itc h b u r g p r e f . . (Boston). 1 0 0
L e h lg b V a l l e y . . (Phila.J. 5 0
t o e t r o p o l ’n T r a c . i l
“
100
M e x ic a n C e n t ’l (Boston) .1 0 0
N e w E n g l a n d ___
"
100
F r e f e n e d ..........
“
100
N o rth e rn C e n tra l ( B a l 50
N o r t h e r n P a o lB c l (P h ila .) 1 0 0
P referred !
“
10 0
O ld C o l o n y . . . . . (Boston) 1 0 0
P e n n s y l v a n i a . ..(P h ila .). 5 0
P h il. & R e a d in g .!
“
50
P h lla d e lp h . T ra c .
“
50
U n io n P a o i f i o .. . ( B oston). 1 0 0
U n io n T raotlon ..(P h ila .). 5 0
M is c e lla n e o u s S to c k s .
A m .S u g ’r R efln.H ( Boston) ----P r e f e r r e d ..........
“
B e ll T e le p h o n e ..
“
100
B o a t. & M o n t a n a .
“
25
B u t t e & B o s t o n ..
“
25
C a lu m e t & H e c la
“
25
C a n t o n C o . . . . . . . (B alt.). 1 0 0
C o n s o lid a te d G a s
'*
100
E l e e .S to r . B a t ’yH (Phila.). 1 0 0
P r e f e r r e d If
.
“
100
B r ie T e l e p h o n e . (Boston). 1 0 0
B e n e ra l E le c trlo .
“
100
P r e f e r r e d ...........
100
I l l i n o i s S t e e l ___
“
100
L a n o s o n S to r e S e r .
“
50
L e h l’h C o a l& N a v . (P hila.) 50
N . E . T e l e p h o n e (B oston). 1 0 0
P a . H e a t . L . & P o w ( P h ila.) ____
U n i t ’d G a s I m p . l f
“
50
W e ls b a o h L i g h t Tl
“
6
W e s t E n d L a n d . . (Boston)-.
II L o w e s t Is e x d iv i d e n d .

“
••
*•

|V ol. LXIII,

100
100
100
100
100

1 5 78
"1 7 %
*63
IS %
13%
'2 0 9
205
1 6 7 1*

16
...
...
18%
18%
____
205
168

* 11 %

12 %

*57%
823s
78
7%

58
82*
7 83s
7»s

*93
94
33% 33%
109% 109
*8%
9
*62
16% 16%
27
27%
180
180
52% 53
1 5 % 15%
69% 69%
11
11%
10% 10%

M onday,
N ov. 16.

T u esd ay ,
N ov. 17.

lS ^ s

15%

*17
*63
*18%
18%
209
205
167

* 11 %

16

W e d n e s d a y ,! T h u r s d a y ,
N ov, 18
N o v . 19.

15%

....
' .......... 18
65
*63
65
1 8 % 13%
18%
18%
1 8 % 18%
209
‘2 0 8
210
2"5
' .........2 0 5
167
167
167

12%

*57
58
81% 82%
77
77%
7%
7%
18% 19
93% 93%
32% 33%
107% 108%
1 . . ..
9
37
37
*62
.........
*66
70
15% 15%
*26
26%
T79
...,
52% 52%
15
15%
69
69%
10% 1 0 %
10% 1 0 %

"11%

12%

*57
58
8 1 % 92%
7 6 % 77%
7%
7
18
13
93% 93%
32 % 33
107% 108
8%
8%
*6 6 % .. .
1 5 % 15%
*26% 2 6 %
179
179
52% 52%
14% 15%
63% 68%

15

15%

*63
...
*83
1 7 % 18%
18
18%
18% 18%
18
18
209% 209% 209
209
r
2 0 5 | 1 .........2 0 5
1 6 7 " 167 I 167
167
1 1 % 11** " 1 0 * 1 1 %
*57
58
"57
58
81% 82
8 1 % 82**
76% 76%
76% 77%
7%
7%
7%
7%
19
19%
92
93%
9 2 % 92**
32
32%
32% 32%
108
1 1 2 *« 1 0 9 3 i 1 1 2
8%
8*4
*8*4
8%
"6 6
*........... 6 3 %
67
15
15% 15%
15*4
26% 26%
26*4 26*4
179
180
'1 7 9
180
52% 5 2 %
52% 52%
15
15*4 1 5 3 18 1 5 7 16

68

*10**
* 10 % 11
10 % 10 % 10*2

68

63

68 %

1 0 **

103;
10%

10%
10%

10 %

117*4
101%
206
93 %
5%
330

* 6 3 % 63%
29% 29%
31% 31%
62
64
33% 33%
*70
75
55% 55%
2 0 % 21
42
42
* 9 9 % ...........
1 3 % 13%
72% 72%
53% 53%

*63%
29%
32
633i
3 2%
*70
55
*203j
43

633i
29%
32
64*4
32 %
75
55
21
4 i

13
13%
13% 13%
13*4
72% 73
72% 73
53
5
4
54%
55
55
1%
* 1%
2
1%
1%
* 1%
1%
* B id a n d a s h e d p r lo e s ; n o s a l e w a s m a d e .

13*4

120%
103
207
96%
5%
328

117%
102%
206
95
5
330

119%
102%
206%
96%
5%
330

66%
30%
32%
63
*33%
*72
56

66 %
30%
32%
63
34%
75
56%

64
29%

64
2"%
64
33
75
56%

* 20 %

21

62%
32%
*70
56

*43%

43%

43%

43%

Inactive Stocks,

Bid.

21

Ask.

21

117%
1 02
206
94%
5%
330

15%

18

119%
102%
206
95
5%
335

119%
T02%
206
95
5%
328

1514

118% 116% 118%
102*4 r1 0 » % 1 0 2 %
206
207
208
95*4
91
95%
5%
5%
5%
330
330
330

54
1%

Bonds.

63%
29%
31%
63%
33*4
*70
54%

43%

13%
72%
54%

13%
72%
54%

B id .

A sk .

"Se"

___

§ A n d a o o ru ed In te re s t.

%

116% 1 1 7 %

§ 70
71
S115
116
107
260
f 106
§ 963s 99
§102
1 0 2 ia
O a ta w l s s a ......... ....................
“
50
100
1 s t p r e f e r r e d . . . _____
“
50
50
§ 98
§ 97
100
26
40
C e n t r a l O h io ........... ..
(Balt.). 5 0
93
5
C h ic a g o & W e s t M ic h . (Boston) .1 0 0
8
§ 90
C o n n e c tic u t & P a s s . .
“
100 140
141
§ 95
98
250
52
C o n n e c t i c u t R i v e r ___
“
100 240
§ 48
21 % 22
§ 55
60
0 i n s o l. T r a c t . o f N ..J.1I (Phila.). 1 0 0
70
D e la w a r e & B o u n d B r .
“
100
vlUlUllu XUVtU, Lot, OtJ.iJ.OA 1 , AfflU § 55
11
13
57
F l i n t & P e r e M a r q . . . ( Boston). 1 0 0
D e t. L a n s . & N o r ’n M . 7 8 .1 9 0 7 , J & J * 5 5
120
35
37
P r e f e r r e d .........................
“
100
E a s te r n 1 s t m o r t 6 g .l9 0 6 ,M & 8 .. §118
H e s t o n v l l l e P a s s e n g . (P h ila .). 5 0
52
§
1
2
3
1
26
I r e e , E l k . & M . V . , 1 s t , 6 8 .1 9 3 3 , e n d .
60
P r e f e r r e d If.................
“
50
125
U n s t a m p e d , 1 s t , 6 s , 1 9 3 3 ............... § 12 2
24
75
B u n t. & B ro a d T o p .. .
“
50
K .C . C .& S p r in g .,1 s t , 5 g . , 1 9 2 5 ,A & O § 5 5
50
90
P r e f e r r e d .....................
“
50
K 0 . F .8 .& M . c o n . 6 s , 1 9 2 8 , M &N § 8 5
B a n . C ’y F t . 8 . & M e m .( B o s to n ) .1 0 0
10
15
65
K .C . M e m . & B l r . , 1 s t , 2 s ,1 9 2 7 , M & S f 6 1
35
45
P r e f e r r e d ........... ..............
“
100
K.
C . S t. J o . & C . B . , 7 s . . 1 9 §0 171, 5J & J1 2 0
§
7
0
7
5
L i t t l e S c h u y lk i ll........... (Phila.). 5 0
59
L . R o c k & F t S y 1 s t , 7 s . .1 9 0 5 , J & J
133
M afr. e C e n t r a l ............ ( B oston). 1 0 0 1 3 1
10 0
L o u is .,E v .& 8 t.L .,1 B t,tig .1 9 2 6 , A & O § 9 5
M in e H i l l & S .H a v e n .f P A i f a .L 5 0
53
85
55
2 m ., 5 —6 g ..................... 1 9 3 6 , A & O $ 8 0
53%
N e s q u e h o n ln g V a l...
“
50
108
M a r . H . & O n t ., 6 s .........1 9 2 5 , A & O § 1 0 7
N o r th A m e r i c a n C o ..
“
100
5
5*s M e x ic a n C e n t r a l , 4 g . . . 1 9 1 1 , J & J § 6 6 % 6 7 %
W o rth P e n n s y l v a n i a .
“
50
17
83
1 s t o o n s o l.ln o o m e s , 3 g , n o n - c u m .
1733
O r .S h . L i n e a l l a s s t . pd( Boston) .1 0 0
16
17
2 d c o n s o l. I n c o m e s . 3 s , n o n - o u m . .
8V
7J*
P e n n s y l v a n i a & N . W . (P h ila .). 5 0
N . Y . & N .E n g ,, 1 s t , 7 s , 1 9 0 5 , J & J " *11613 1 1 7 %
P h l l a a e l . & E r i e ...........
“
50
1 s t m o r t . 6 s ............. . . . 1 9 0 5 , J & J * 1 1 0
n o 's
R a ti
d . . . . . . . ______ .(B oston) 1 0 0
1
85
V
O g d e n . & L . C . , C o n . 6 s . . . 1 9 2 0 ,A & O § 8 0
70
68
P r e f e r r e d .........................
“
100
I n c . 6 s ............. .................................1 9 2 0 § ........... 1 5
S o u t h e r n .........................
(B alt.) .1 0 0
103
R u t l a n d , 1 s t , 6 s ............... 1 9 0 2 ,M & N $ 1 0 2
30%
94
P r e f e r r e d .........................
“
100
2 d , 5 s . . . ..........................1 8 9 8 , F & A § 9 1
W e s t E n d _____ ______ (Boston). 5 0
65%
65
88
P r e f e r r e d ......................
“
50
t l a J ^ ^ ^ «
M &N 103
88 % A
U n ite d C o s. o f N . J . . (P h ila .). 1 0 0 2 3 6 % 2 3 7
B u ffa lo R y . e o u . 1 s t , 5 s .............1 9 3 1 1 0 7 %
46
W e s t J e r s e y .......................
“
50
C a t a w i s s a , M ., 7 s . . . . . . 1 9 0 0 , F & A 1 0 8
48
W eei J e rs e y & A tla n .
“
50
C h o c . O k la . & G u lf , p r i o r l i e n 6 s . . 1 0 7
W e s t e r n N .Y . & P e n n
“
100
80
2%
3
C it iz e n s ’ S t.R y .o f l n d . , o o n . 5 s . l 9 3 3
75
W is c o n s in C e n t r a l . ..(B o sto n ). 1 0 0
96
97
33s C o lu m b . S t. R y „ 1 s t , c o n . 5 s . . 1 9 3 2
2*8
15
P r e f e r r e d ........................
“
100
C o lu m b . O . C r o s s t o w n , l s t , 5 s . l 9 3 3
10213
W o re’s t.N a s b .& B o o k .
“
1 0 0 112 120
C o n s o l. T r a c t , o f N . J . , l s t , 5 s , 1 9 3 3
85
86
MISCELLANEOUS.
D e l. & B ’d B r ’k , 1 s t , 7 8 .1 9 0 5 , F & A 1 2 0
A llo u e z M in ’e , a a a t \n}{ Boston ) . 2 5
% E a sto n & A m . ls tM .,5 s .1 9 2 0 , M &N 105
>8
2 2 % E le o . & P e o p l e ’s T r a c . s to c k , t r . o tf s
22
A t l a n t i c M i n in g ...........
“
25
71% 71V
B a y S t a t e G a s If________
“
50
...........
5
514 E l m ir . & W ilm ., 1 s t , 6 8 . 1 9 1 0 , J & J . 1 2 0
4
B o s to n L a n d .....................
“
10
...........
43s H e s t o n v i l l e M . & F . , o o n . 5 s ..1 9 2 4
C e n t e n n ia l M i n i n g . . .
“
10
H u n t . A B i-M T o p , C o n . 5 s . ’9 5 ,A & O
1
2 L e h i g h N a v .4 % a ... ......... 1 9 1 4 , Q—J 1 0 3 ~ 1
F o r t W a y n e E le o t.T I..
“
25
F r a n k l i n M i n in g ____
“
25
12*8
12
2 d 6 s , g o ld ....................... 1 8 9 7 , J & D 1 0 1
104%
F r e n c h m a n 's B a y L ’d .
“
5
G e n e r a l m o r t . 433s , g . l 9 2 4 , Q —F 1003a
38
H
K e a rs a rg e M in in g ....
“
25
16% 17
98
L e h ig h V a l.C o a l l s t 5 s , g . l 9 3 3 , J & J
3 0 3 s L e h ig h V a ll e y , 1 s t 6 s . . . 1 8 9 8 , J & D i'0 4 V
O s o e o la M in in g ............
“
25
30
P u llm a n P a la c e C a r .
“
100 157
158
2 d 7 s ................................... 1 9 1 0 , M & S 1 2 7
39
P e n n s y l v a n i a S t e e l . . (Phila.). 1 0 0
C o n s o l. 6 ........................... 1 9 2 3 , J & D 1 1 7
P r e f e r r e d If__________
“
100
70
N e w a rk P a s s e n g e r , c o m 5 s ... 1 9 3 0 104%
Q u in c y M i n in g ............ (B oston). 25 x l 2 0 121
N o r th P e n n . 1 s t , 4 s ___ 1 9 3 6 , M biJi 1 0 9
...........
T a m a ra c k M in in g ....
“
25
97
95
G e n . M . 7 s ........ ................1 9 0 3 , J & J 1 1 8 %
W a te r P o w e r .................
“
100
1
1 3 , P a t e r s o n R a i l w a y , c o n s o l. 6 s ..........
W e s tJ n g h . E l e e . & M ..
“
50
29
27
P e n n s y lv a n ia g e n .6 s ,r .,1 9 1 0 , V ar
130%
P r e f ., c u m u l a t i v e .
5C
50
51
C o n s o l. 6 s , c
............. .1 9 0 5 , V a r I I S ' s
C o n s o l. 5 s , r ..................... 1 9 1 9 , V a r
1 1 5 3 a ...........
B o n d s —B o s to n .
„ „
A t. T o p . & 8 . F . g e n e r a l g . 4 s , 1 9 9 6 §78 3a 7 8 %
O o l l a t . T r . 4 % g ............1 9 1 3 , J & D
A d j u s t m e n t g . 4 s , 1 9 9 5 ................... § 4 2 is 42*8 P a . & N . Y . C a n a l , 7 s . . .
• 6,,T& D 1 1 9
B
I 'n l t e d G a s 1 s t 5 s .
82
'8 0
C o n . 5 s ...............................l a v s A & O 1 0 1 %
If U n l i s t e d .

%

4 ,8 3 1
400

18
65
18
2 ,1 9 0
1 ,6 0 7
18%
209
68
205
24
167
137
'll
12%
20
'5 7
58
x 7 9 % 8 0 % 1 1 ,3 5
9 ,5 2 0
76% 76%
1 .3 2 8
7%
7%
983
18% 18%
92% 92%
88
3 2 % 3 3 I 1 ,9 1 2
5 ,4 0 5
109% 110
310
8%
8%!
*40
44
70
*65
'66
67
3 ,0 2 5
*15% 15%
651
26
26
51
179
180
52% 52%
1 ,6 0 9
1 5 7 !6 15111B 4 8 ,1 0 0
2 ,5 7 1
68% 6 8 %
790
10% 10%
5 ,7 9 5
1 0 % 10 %

2

Prices o f November 2 0 .
86
A t l a n t a & C h a r l o t t e (B alt.).100
B o s to n & P r o v i d e n o e (Boston). 1 0 0 2 5 0
C a m d e n & A t l a n t l c p f . (Phila.). 5 0

• P r i.ie ln o lu d e s o v e r d u e o o u p o n s .

15%

*17
*63
18
18
209
204
167

2 0 % 20%

* 1%

14%

101 % 102

207%
93%
0*4
330
*60
6 3 % *63
29%
29%
*32
32
63%
63%
33 %
34
*70
75
54
55 %

*42%

S a le s
o f th e
W eek,
S h ares.

F rid a y ,
N ov. 20

210
94%
5%
330
70
63%
30%
32%
63%
33%
75
54%

21

43*4
*95
13%
72
54%
*1%

21
43*4
98
13*4
72
54%
2

R a n g e o f s a le s i n 1 8 9 6 .

Lowest.
8 % A.ug.
% S e p t.
11*4 S e p t.
60
J u ly
14% A ug.
14% A ug.
200
A ug.
200
A ug.
149
A ug.
10 M a r.
52% J u ly
53% A ug.
60
A ug.
4
A ug.
14% A u g .
84% A ug.
27% A ug.
78% A ug.
6% A u g .
35
A ug.
55
A ug.
6 3 % O o t.
*4 M a y
9 % A p r.
170
S e p t.
49% A ug.
1*4 J a n .
57% A ug.
3
Jan.
9% A ug.

2 1 .6 3 2 95*4 A u g . 8
338 92% A ug. 10
J u l y 29
367 195
Jan. 7
1 1 ,0 7 8 6 5
1*4 M a r . 7
1 7 ,0 3 0
Jan. 3
146 295
64
J u n e 18
250 55% J a n . 20
A u g . 10
1 ,2 9 9 2 0
180 22
A ug. 8
2 ,5 '^ 2 5 1 % A u g . 1 0
J u l y 16
1 ,8 9 2 21
50
Jan.
8
A u g . 31
640 32
41 1 5 % A u g 1 2
A ug. 3
80 38
87% J a n . 2i
9
Jan .
7
1 ,5 3
195 58% A u g . 1
1 ,5 5 6 3 4 % J u l y 1 6
160
1*4 A u g . 10
t T r u s t r e o .,a ll in s ta l.

H ig h e r
17% F eb
% N ov.
44% J a n .
70
Jan.
19% A p r.
19
A p r.
217
Jan.
209
Ju n e
171
F eb.
13
N ov.
58
N ov
83% N ov.
79% J u n e
12% J a n .
30
Jan.
97
Feb.
38% J a n .
112% N ov.
12% F eb.
51
Jan.
85
Jan.
70
F eb.
}17
N ov
t 28% N ov.
1*0
N ov.
54% A p r.
J16
N ov.
72% M ay
1 2*4 N o v .
20
M ay

24
20
27
2
16
17
28
1
19
7
10
10
17
2
2
10
30
18
24
28
28
14
13
11
10
23
4
5
9
18

126*4 A p r .
105% J u n e
210
N ov.
96% N ov.
13*4 J a n .
335
N ov.
64
Ju n e
67
N ov.
36% A p r.
38
A p r.
66% N ov.
39*4 M a r .
78
A p r.
75
A p r.
21% N ov.
46% F eb .
100
N ov.
16
N o r.
81*4 J a n .
67
Feb.
2% F e b .
p a id .

21
12
4
16
31
17
18
10
15
16
10
13
14
15
4
8
7
4
2
17
14

Bondi.

B id

P e o p l e ’s T r a o . t r u s t c e r t s . 4 S ..1 9 4 3
P e r k i o m e n , 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
G en . m o r t., 4 g . . . . . . . 1 9 2 0 , A & O 1 0 4
80%
P h i l a & R e a d , n e w 4 g ., 1 9 5 8 , J & J
1 s t p re f. In co m e, 5 g, 1 9 5 8 , F e b 1
49*4
37%
2 d p r e f . in c o m e , 5 g , 1 9 5 8 , F e b . 1
36%
3 d p r e f . In c o m e , 5 g , 1 9 5 8 ,F e b . 1
1 1O9
2 d , 5 s .............................................. 1 9 3 3 , A &
C o n s o l, m o r t . 7 s ........... 1 9 1 1 , J & D 1 2 7
C o n s o l . m o r t . 6 g ........... 1 9 1 1 , J & D
Im p ro v e m e n tM ! 6 g ., 1 8 9 7 , A & O 107*4
C o n . M .,5 g . , s t a m p e d , 1 9 2 2 , M & N 1 0 1 %
T e r m i n a l 5 s , g ___ . . 1 9 4 1 , Q .— F . 1 0 9 %
P h i l . W ilm . & B a l t . , 4 s . 1 9 1 7 , A & O
P i t t s . C. & S t. L ., 7 s . . . . 1 9 0 0 , F & A 1 0 9
R o c h e s te r R a ilw a y , o o n . o s ..1 9 3 0
S c h u y l.R .E .S id e ,ls t 5 g .l9 3 5 , J& D 1 0 3
U n io n T e r m i n a l 1 s t 5 s .............P & A
A tl? n ta ^ C h a r ? .l* ls ? ? a f 1 9 0 7 , J& J
B a ltim o re B e lt, 1 s t, 5 s . 1 9 9 0 , M & N
B a l t. C . P a s s . 1 s t 5 s . . . . 1 9 1 1 , M & N
B a l t. T r a c t i o n , 1 s t 5 s . . 1 9 2 9 , M & N
E x t e r n & im p t . 6 s ___ 1 9 0 1 , M & 8
N o . B a l t . D lv ., 5 s .........1 9 4 2 , J & D
B a l t i m o r e & O h io 4 g . , 1 9 3 5 , A & O
P i t t s . & C o n n ., 5 g ___ 1 9 2 5 , F & A
S ta t e n I s la n d , 2 d , 5 g .1 9 2 6 , J & J
B a l.& O h io 8 . W .,l a t,4 > s g .l9 9 0 , J & J
C a p e P .& Y a d .,S e r .A .,6 g .l 9 1 6 , J & D
C e n t . O h io , 4 % g ........... . . 1 9 3 0 , M & S
C e n t. P a s s . , 1 s t 5 s _ . . . . 1 9 3 2 , M & N
C it y & S u b ., 1 s t 5 s .......... 1 9 2 2 , J & D
C h a ri. C o l.& A u g ,e x t.5 s .l9 1 0 , J & J

.1 9 2 2 , J & J
6 s ....................... „ ...............1 9 0 4 , J & J
S e r ie s A , 5 s . . . . . . . . — .1 9 2 6 , J & J
4 3 s s ..................................... 1 9 2 5 , A & O
o n th e m , 1 s t 5 s . . . . . — 1 9 9 4 , J & J
T r g i n i» M id ., 1 s t 6 s . . . 1 9 0 6 . M&H
2 d S e r ie s , 6 s ____ ______1 9 1 1 M&S
3 d S e r ie s , 6 s . . . . . . . . . . 1 9 1 3 , M&S
4 t h S e r ie s , 3 - 4 - 5 s . . . - . 1 9 2 1 , M & S
5 t h S e r ie s , 5 s . . . . . . . . . 1 9 2 6 , M & S

▲8fe
95
10i
81
4913
38
36%

102%
110
9713
104

1173 3
91
113
10834
I 0333
110

1 1 8 ia
93
113V
1083a
104
111

72
98

1023a

101

111 % 111 %
1121s 1 1 3
1 0 8 1110
1 1 2 [11233
98% ' 99
82
85
1 1 3 ' I I 334
9 6 V 97Q
108

110
112
107

100
105
90
109

91

111
112%

102
108
112

10234
1 0 8 34
113

M ISCELLANEOUS.

l a l t l m o r e W a te r 5 s . . . 1 9 1 6 , M & N
F u n d i n g 5 s . . . . . . . . . . . 1 9 1 6 , M &N
E x c h a n g e 3*38------. . . 1 9 3 0 , J & J
f l r g l n l a ( S ta t e ) 3 s , n e w . 1 9 3 2 , J & J
F u n d e d d e b t, 2 -3 S .....1 9 9 1 , J & J
f h e s a p e a s e G a s 6 s . . . . .1 9 0 0 , J& D
J o n s o l. G a s , 6 s - . . . . . . . . . 1 9 1 0 , J & D
5 s _______ ______________1 9 3 9 , J&J
S a n lt a b le G a s , •% ........ 1 9 1 3 . A A n

120
1 0 5 19
7 3 ia
60%
115
106

74%
61%
108 V
116

N ovember 21, 1896, j
N hn

THE CHRONICLE.

913

HUM£ STOCK EKC11ANQE P R IC E S (O o n tin n e d )—,! O T JF l? BONDS NOVEMBER 2 0 AND FOR YEAR 1 8 0 6 .

Railroad

and

Mis c e l l a n e o u s B o m b s ,

R a n g e (sa les) in 1896.
/n r,/1
P e r io d y Z N o .
Low est, ' H ig h est,

Ka i i .k o u > a n d
M is c e l l a n e o u s B o n d s .

sin g R a n g e (sa le s) i n 1 8 9 6 .
Int’st CPlo
rice
P e rio d N ov. 20.
Low est.
Highest.

A tn er. C o tto n O il, d e b ., 8g,19O 0; Q —F 106 b. 102% A ug. I l l W a n .
P a o .—1 s t , co n ., 6 g ,....1 9 2 0 |M & N 88
78 J u ly
97 Jam
A im A rb o r.—1 s t , 4 s , g ........ 1 9 9 5 Q - J
7 2 b., 6 3 A u g . 7 4 K 0 V Mo.
S d ,7 s .............................
1906 M & N 102 b. 99
S e p t. 112 J a n ,
A t.T .& ,s .F .- S e w g e n .4 B .1 9 9 D |A Sc 0 |
79%
6 8 % A u l. S l 2 F e b '
P a o . o f M o.—I s c ,e x ., 4 g .l 9 3 8 F & A
98 Oot. 104% J u n e
A d ju s tm e n t I s ....................1995! N ov. ;
4233 | 28% A u g ! 51
«>>,'
2 d e x t. 5 s .....................1 .1 9 3 8 J & J 101 b. 100 A ug. 1 06 A p r,
C ol. M id la n d —C o n s ., 4 g . l 9 4 l>!F & A ft 2 0 % 1(16 S e p t. 127 ' Feb"
S t. L . & I r .M t .l s t e x t ., o s.1 8 9 7 F & A
99 %b, 95 A ug. 102% J a n .
A t!. <fe P a c ,—G o a r. 4 s , . - _ . 1 9 3 7 ]............ . 4 5 b. 40 M ar, 50 A p r
2d
, 7 g .................................1 897 M & N r 99% b. 97% A ug 103% A p r. I
B’way*7tkAv.-l3t,con.g.5s’43 J & D 118
109 3 A ug. 118 N ov.
C
a
iro
A
rk
.
&
T
e
x
a
s,
7
g
.l8
9
7
J
&
D
103
99% J u l y 102% M ay*
B ro o k ly n K iev, 1 s t, 6 g ___1924! A A O
80
71 S e p t. 10‘2 J a n .
G en. R 'y & la r id g r .,5 g .l9 3 1 S. Sc O 7 7 a. 68 J u ly
81% M a r.
U n io n E le v a te d .—6 e ___ 1 9 3 7 M d s N
8 0 a. 70 S e p t. 100% J a n .
M
o
b
ile
&
O
b
io
—N
e
w
6
g
...1
9
2
7
J
&
D
1
16
b.
1
1
3 A ug. 120% M ay
B’k ly a W k rf& W .£1—U t,5 s ,g .’4 5 jF Sc A 100%
90 A u g . 101% Nov.
G e n e ra l m o rtg a g e , I s
1938 M & 8 6 8 %
56 A u g . 69 N ov.
C a n a d a S o u th e rn .—1 s t, 5a, 1908 J & 4; 109%
105 A ug. 110% J une
S t.L .—1 s t , 7 S ..1 9 1 3 j & J 1 27 b 125 S e p t. 1 32 J u n e
2 d , 5 s ........... ..........................1913t 51 A Si 104%
98 S e p t. 107 F eb. N a s b - C b ,&
o g ........................... 1928 A <fc O
93 J u l y 102 F e b .
C e n tra l o f N, J . —C o n s.,7 9 ,1 8 9 9 | Q—J I 105%!). 103% Aug. 110% M ar. N.CYo n.Csoel.,
n tra l—D e b te x t.4 s .1 9 0 5 M & N 101
100% J a n . 105% G et
Consol., 7s..................... 1902 M& N; ............115% Feb. 120 A p r.
1 s t, c o u p o n , 7 s ................... 1903 j & J 118 %b. 112 A ug.
General mortgage, 5g... 1987, J Sc J 117/307110 Aug. 120 J u n e
D e b e n .,5 s , c o u p ., 1 8 8 4 . . 1 904 M & S 106
102% A ug.
Leh,A tV .B .,o o n .,7 a ,a a 'd .l9 0 0 Q—M 1 0 4 b. 1 0 1 % A im , 106 F eb.
N . Y. & H a rle m , 7s, re g .,1 9 0 0 M & N 109 %b. 1 0 9 r3 N ov. 111% J u n e
“
n io rtg a g e o s . 1912 M * H .............. 9 0 A p r.
92% M ar.
R -W .A O g d ., c o n so ls, 5 s. 1922 A & O 1 1 6 b. 115 J u ly 119% F e b .
Am. Dock A Imp., da__ 1921 J & J 115 b.H08 Auk. 114% Mar."
S h o re, g u a r., 4 s ___ 2361 J & J 105% 10 0 A ug. 107% J u n e
C e n tra l P ao ifle.—G o ld , 6 s . 1 8 9 8 J A J '1 0 1 b.l 0 9 O ct, 104 M ay N .WYest
. Ohio. * S t. L .—4 g . . . 1937 A * O 103% b, 99% A ug, 105 F e b
C hes. A O b lo .—S e r.A , 6 g ..l9 0 8 .A A o 116% b. I l l
A ug. 119 J u ly
N
.
Y.
L
ao
k . & W .—1 s t, 6 S ..1 9 2 1 J & J 131 b. 120 A ug. 133% J u n e
M o rtg a g e, 6 g .....................1911 A Sc O 1 1 3 b.! I1 4 b s A p r. 119 N ov.
C o n s tr u e tio n , 5 a ............. 1923 F & A 114 b. 112% M ar, 115 J u n e
ls tc o n is o l„ 5 g , ...................1939 M A N 1 0 7 /.J 100 J u ly 111% A pr. N .Y
ID
E
.&
W .—ls t,e o u .,7 g .l9 2 0 M & 8 1 39 a. 131 A ug. 1 40 F e b ,
G e n e r a l 4 % » , g ..................... 1 9 9 2 M A S
73% b. 6 5 A■ug. 78% F eb.
L p b g D oek, c o n so l., 6 g . 1935 A & O 131% b. 131 O ct. 132 N ov.
R . A A, D lv ., ls t o o n ., 4 g ,1 9 8 9 J A J
97
I 9 0 A ug. 9 8 N ov. b’. Y. N. H. * H .—C on. deb. otfs. A & O *131%b.
127 S e p t. 13 7 F eb,
"
2 d o o n . 4 g . .l 9 8 9 J A J
8713 b. 75
A ug. 88 J u n e N .Y . O nt. & W.—R e f. 4s, g .1 9 9 2 M & 8 89
82 J n lv
93% F e b .
E lla, L e x .& B ig .8 a n .,5 g .l9 0 2 ;M A 8; 9 9 b.i 95 A U s£. 102% Feb.
C onsoL , 1 s t, 5s, g ............1 9 3 9 J & D 110 % 102 J u ly 110% N o v .
Chin. B u rl. A Q ,—C oo. 7 a .l9 u 3 J Sc J 117% (110 A u g . 1 2 0 J u n e
N .Y .S u s .* W .ls t r e t , 5 s , g .1 9 3 7 J & J 1 0 1 %b. 9 0 J u l y 102% N o v .
D e b e n tu r e , 5 a ...................1913(51 A NS 9 8 b.j 85 J u ly 101% A pr.
M id la n d o f N. J ., 6 s, g .,.1 9 1 0 A & O I l l b, 109% S e p t. 118 M ar.
C o n v e rtib le 5 s ...................1903; M & Si 100% b.l 93 A ug. 104% Feb.
o r tA W .—1 0 0 -y e a r.5 s .g .l9 9 0 J & J t 65% b. 60 J a n .
67 F e b .
D e n v e r D iv isio n 4 » ..........1922: F A a
91 %b, 87 % A ug. 95% J u n e N
No.
P aeiflo —1 s t, co u p . 6 g .l9 2 1 J Sc J 1 15 b. 109% A ug. U S M ar.
N e b r a s k a E x t e n s i o n , 4 s ,1 9 2 7 i M A N : 88
__ __
_______
%b.
8 0_____
A ug. 91% Feb.
D o. J . P. M. Sc Co. c e r t f s ........ ............... 115 b. 109 A ug. 115 N o v .
S a n . A S t. J o s .—O o n s.6a.1 9 1 l M A S| 115% b.( 109% S e p t. 118% J a a .
G e n e ra l, 2d, c o u p ., 6 g .,1 9 3 3 A & O U 1 8 b. 100 J a n . 1117 N ov.
Gate. & E.iu.—U t,a.t 38.1907) j A D 114 t*b. 110 Aug 117% M ay
G e n e ra l, 3 d , c o u p ., 6 g .,1 9 3 7 J & D f 78%
t5 9 J u ly
82% M a r.
C on so l. 0 g ............................. 1934 A A O! 122 b. U 8 A ug. 127 J u n e |
C onsol, m o rtg a g e , 5 g .. 1989 J & D 55%
31% J a n . 15 7 N o v .
G e n e r a lc o n s o L , I 8 t 5 a . . l 9 3 7 51 A N l u l t j
9 d O ot. , 102% A pr.
Col. t r u s t g o ld n o te s , 6 s . 1898 M & N t 9 4 b. 76% J a n . 196 N o v .
C h ic ag o A E rie .— 1s t, 5 g . . 1 982 M * N 110
101% A ug. 112 F e b . i Ohio. & N . P a o ., 1 s t, 5 g ..l9 1 0 A * O t 41% b. 135% A ug. t4 8 % A p r.
C ble. U a« I, A C ,—l s t ,5 * . .1 0 3 7 J A J
9 4 b.
S e p t. 95 Nov. j S e a t. L .S .& E ., 1 s t.,g u .6 .1 9 3 1 F & A
38 b. t3 6 M ar. 144% F e b .
Ohio. MU.A s t . P.—O o n .7 s .1 9 0 5 J A J 128 b. 119 A u g . (132% J u n e I N o.
P ac, v M o n t.—6 g ........1938 SI & S t 4 2 %b. 126 J a n , t4 2 % N o v .
1 st, S o u th w e s t D lv ., a s . .1 9 0 9 J A J 1 1 6 ii. 108 A u g . [118 M a y !
No. P aeiflo T e r. Co—6 g ...1 9 3 8 J & J 106
99% A ug, 109% J u n e
1st, Su. M inn. D lv., tfg .1910! J A .1 117% \ 110 A ug. 118% J u n e O
W o A M is s.—C o a .s .f., 7 s .l 8 9 8 J & J 10234b. 100 A ug. 104% M ay
ts t.C h .A fa ts ,W .D l v . 5 a . .l 9 2 l J A J. 115 a.!1 0 3 AUg. 115% J u n e O hio
S o u th e rn —1 s t, 6 g ..,1 9 2 1 J & D
94%
70%
J u ly
9 8 N ov.
C hie. A M o. R l v. Dt v .,5 a . . 1 9 2 6 1J A J 109
(102% A ug. 111 J u n e
G e n e r a l m o rtg a g e , 4 g . . 1921 M A N
18 b. 116 N ov. 35 F e b .
W ise. A M in a ., W v , 3 g ,. .1 9 2 l J A J 110-% b.il03 A u g . 112% M ar.
re g o n lm p r.C o .—I s t 6 g . . l 9 1 0 J A D 7 9 b 73% Oct.
9 1 7s J a n .
T e r m in a l,5 g ................. . . . l u l l J A J l l l * 9 b . 105 A ug. 114 J u u e | O C
o nsol., 5 g .......................1 9 3 9 a Sc O
18%
7 J u ly
36 J a n .
G en. M,, 4 g ., s e r ie s A ___1939 J A J
96
| 9 1 % A ug.
98 J u n e ;
re .R .& N av . Co.—1 s t, 6 g -1 9 0 9 J & J 11 2 % 1 04 A ug. 112% J u n e
_________________
Mil. A N
r.—is
t,o o u ,,6 a . 1013 J A D 1 1 7 b.i 115 S e p t. 1119 M ay j O C
. o. ..
onsol., 5 g ___ _ ______ 1925 J A D t 97
t9
0
J
a
n
.
t9
8 Feb.
C alc. A S . W.—C o n so l,, 7 « . 19 1 5 <J~K 137% b,. IV.9% A u g . i 141 J a u .
P e n n . C o .-- 4 %g, c o u p ....... 1921 J A J 1 1 1
105% A ug. 113% J u n e
C o u p o n , g o ld , 7 s .............1 9 0 2 / A D ; H 8 % b . 113 Aug. i 120 M ay
P.C .C .<SsSt.L,.,oon. g u l % . 1 9 4 2 ............. 1 08 b. 103% A ug. 112% F e b .
S la k in g fu n d , O s...........,1 » 2 B ( A A o ; 1 1 0 b. 106% Aug. 116 M ur. P e o . Dee. A B v a n a v .—6 g 1920 J A J 100 b,
98% J u ly 102 M ar.
S in k in g fu n d , 5 s ..............1929 A A O . 103
.
.b.i
. . ___
„ A ug. t i l l
104%
M ar.
E v a n s . D iv isio n , 6 g ........ 1920 M A S 100 b. 101 M ar. 102 N o v .
S in k in g fu n d ,d e lic ti.. 5 s . 1 933 [M St S : 10 8 %b.
104% s e .p t 111% A p r.
..............
2 d m o rta g e , 5 g ................. 1926 M A N
2
2 N ov. 31 F e n .
2 5 -y e » rd e b e n tu re , 5 s . . . 1909 M A N 105
103 J’a il. ( 107 A pr.
167 A ug. f 81 % N ov.
P h lla . A R e a d .—G e n .,4 g .,1 9 5 8 J & J t 80%
E x te n s io n , * « .....................19281P * a ( . . . . ___ j 93
S e p t, j 102% A pr.
f 49%
l 8 t p t i n o , , 5 g , a ll In s t. p d .’58 18%
J a n . 149% N o v .
O kie. H.1. A P a n .—6 s ,c o u p . 1 9 1 7 3 A .1 1 2 6 b. 110% A u g 130 J u n e
2 d p f.iu o ., 5 g., a ll i a s t . p d .’58 ••
t 37%
5% J a n . 139 N o v . .
E x te n s io n a n d 00 L, 5 s . . . 19341J A J 1 0 4 %b. 94% A ug. 106 J u n e j
3 d p f .m o „ 5 g., a U la s t. p d .'5 8 •t 36%
3% J a n . t 36% N ov.
3 0 /y S a r d e b e o t O r e ,5 s ... 19211M A 8
9 2 % b J 8 7% S e p t. 97% Feb. | it ts b u r g A W e s te rn —4 g .1 9 1 7 J & J
7 4 b 6 4 A ug. 77 J a n .
OWc. S t. P . M. A O . l U . ' W J A D 137 %b. 117 J u ly 129 M ay j P
75%
E io G r . W e ste rn —1 s t 4 g . . 1939 J Sc J
63 A ug. 77% F e h .
O hle.A W M nd.—< 3 en .,g ..0 s.18381 <1 —M 117 b.i 113 S' e p t 118% Fet). ! S t. J o . A G r. I s la n d —6 g . 1925 M A N t 50% tt. 1 3 7 A ug. 151
Jan.
O lev. Lor. A W h eel.—5 » ... 19331A A O 101 b, 102 A ug. 107% M ar, 8 t . I - A S a n F r , - 6 g. 01, B .1 9 0 6 M A N l l l % b . 110% N o v , 117% A pr,
C. U. C .A l . —C o n so l. 7 g . . . 1 9 1 1 J A t> 133 U .1 1 9 J a u . 134% M ay i
6 g „ C la ss C ........................ 1906 M A N l l l % b . 108 A u g . 118 A p r.
G e n e r a l e>>a»*»t„6 g ___ 1931 J A J 124 b. 121 S e p t. 127 M ay ; G e n e ra l m o rtg a g e , 6 g .,1 9 3 1 J Sc J 109
101% J a n . 114 J u n e
7 >%!>.
0.
0 . 0 * » U * -P e o .A E .,4 » . 19 W A
A O 60 A u g . 8 0 J an. |
C ons, g u a r 4 s , g ..............1 9 9 0 A A O 130
1 2 1 N ov. 38 M a r
In c o m e , 4 s ......... .. ... ... 1 9 0 0 1 A p ril.
18%
10 A ug. , 23 J a a . I S t. L. A So. W. —1 st, 4a, g .1 9 8 9 M A N 66
60% A ug. 7 6 F e b .
Col. A 9 t h A ve. g u . 5 s, a . . ly.i:i:M A 8 1 15% (109 A ug. 1116 N o v . |
2d, 4s, g,. In c o m e ..............1989 J A J • 27
23% A ug. i 3 2 F e b .
001.
H .V tci.st lo t . —Cou.,.Hg. 19 3 1i M 87%
A 5 b. 80 A ug. : 9 0 F e b . I 8 t.P .M .A M .—D a k .E x .,6 g .l9 1 0 M A N 116
112% N ov. 121% M ar.
G e n e ra l, tig , , . , . . , . . . . . . . . U K ii J A !>■ 9 0 % I 8 0 J a u . i 91 N ov.
l 8to o a s o l . , 6 g ....... .......... 1933 J & J 122
117 J a n . 124% J u n e
D e n v .A R ie Q r ,— 1 st, 7 s ,g . IPOti.M A N 1 0 6 % b .ll0 % J a n . 114 A pr.
1 00 A ug. 1 06 J u n e
r e d u c e d to 4% g . . J & J 102
1 st c o n su l.. 4 g............... . lo .lii 1 A
8 9 b .1 83
"
J"a u .
92 M ay
87
84% J o n e 90 % S e p t.
M o n ta n a e x te n s io n , 4 g . 1937 J A D
D ill, tie, 8 6 , A A t t —5 g ___1937! J *
100 a. 9 2% J u ly j 9 8% J u n e S a n .A n t.A A, P .—ls t,4 g .,g a .'4 3 J A J
57
4 5 A ug. 59 F e b .
E d iso n E l. Ill, —lst,e**n.g.3a.‘9 5 1 As
105
97% J a u . 105% J u n e 8 0 . C ar. A G a .—l e t , 5 g . . . l » l » M A N
85
93 J a n .
9 7 A pr.
E r ie —4. g, p r io r b e n d s . ... 1 9 9 6 J *
91 b. 8 3 A u g , ; 95% Feb,
8 0 . P ao liio , A rlz.—6 g . . . 1909-10 J A J
92 Oot.
91
97 Feb.
G e n e ra l, 3 - 4 , g ................1996,1 Sc
64% b. 5 4 % A u g . 67 A pr,
So. Paoitto, C al .—6 g . . . 1905-12 A & O 107
107 A pr. 112 J u ly
F t. W. * D e a r , C ity .—« g .. 1931 J A
04% a. 1 16% Au, ! 7 0% Feu.
1 s t c o n so l., g o ld , j g ........1937 A A O
85 N ov. 92% A p r.
86
G al. ll,* 3 » u . a n- M. * P.D . i*t,.5g M a
9 0 b. 89% N ov. 9 3 J a u .
8 0 . P a o id o , N. M .—6 g ....... 1911 J A J
104% 101% J a n . 1 06 F e b .
Geo. Klee tr i o , d e b . 5 « , g . . , 1922 J Sc tt 91 b. 8 2 S e p t, 9 4 N ov. II S o u th e rn —1 s t c o n s, g, 5 s . 1994 J A J
7 6 A u g . 94% J u n e
90
H ous. Sc f . C en t. g e n . 4 s. g .1 9 2 1 A Sc <J 66 b.; 67 s e p t. ■ 7 1 A pr.
j( E . T e n n .re o rg . lie u 4 -o s .1938 M A 8
9 0 a, 9 0 M ar. 93% F e b .
G lln o is C e n tr a l.—4 s, g . ___ 1 9 5 3 (5 1 * N 103 a. 99 J a n . 1 0 2 Feb.
^ E . T . V. A G .—1 s t,7 g . . . . 1900 J A J 10 8 %b. 1 06% A ug. 111% J u n e
W e s te rn L in e s, 1 s t. 4 a , g . 1 0 5 1 F Sc A ........... .. 9 7 A u g . 103% J u ly
M C on. 5 g ............................ 1950 M A N
100 J u ly 109% A p r.
Ins til n.cl . it i
J, 1 -i M ,fc N 1 ! >.> 111 J u ly 118% A pr. ^ G e o rg ia P a o . 1 s t 5-6s, g . , 1 9 2 2 J A J 106%
110%b. LOS S ept. 1 14 J a n .
1 0 0 9 M * 8 68 b. 6 6 % A u g . 77% F eb.
2d . t-.5s..............
K u o x v .A O hio 1 s t 6 s ,g .. 1925 J A J 112 b. 110% S e p t. 1 16 M ay
I o w a C e n tr a l.—1 s t. 5 g ___ 1 9 3 8 J * i> 9 9%
87 A ug. 1 0 0 N ov.
jR lo h . A D a n v . oou. 6 s ,g ,.1 9 1 o J A J 118 %b. 110% Aug. 121% J u n e
K in g s Co. K iev. —1 st, 5g . 192 . J * J (3%U. 3 7% S e p t, S 71 J a n .
1 03 S e p t. 114 A pr.
W e s t.N o .C a r ls to o n .6 a ,g l9 1 4 J A J 110
D aolede G aa. —1 s t, 5 « ,g . ..U H y %—F
94
8 5 A ug. j 9 6 J a n .
T e u a . C. I . A B y —T e n . D. 1st, Gy A & O 82
Feb
72 S e p t.
L a x e E r ie * W e « t .- 5 g . .. . 1987 J * J 115% b. 110 A u g . (117% J u n e
B irm in g h a m D lv., 6 K ...1 9 1 7 J A J
Feb.
70% S e p t.
85
L- S b o r e ,-C u rn e p ., 1 s t, 7». 1 00 0 , J Sc J 112 b. UlS A ug. 115 J a u .
T e x a s A P a o iilc —1 st, 5 g . . 2 0 0 0 J A D
A p r.
7 3 Aug.
89
C oaao l. e*>up.. 2d, 7«. ...1 9 0 3 J Sc Is 1 19% b. U.)<« S e p t. ,120% M ar.
2d , In co m e, 5 g ................. 2 0 0 u M arch
N ov.
13% A ug.
22
f a x i f . Sc P a v . F .g u . 5 s ,g .lS 9 3 M A .8 115 b. 1109 A u g . ,116% Nov. T o led o A O h lo C e n t—5 g . . l 9 3 5 J A J 1 07
105 A ug. 109% J u n o
G>ng Is .a n d . - 1, t - e u ., 5g. ly .j j t j —J j 1 1 8 % b.j 1 1 7 % J a w ,120 Feb.
ToL 8 t, L. A K an . 0 .—6 g . . . 1916 J A D 68
102% A ug. 77 F e b .
G e n e ra l m o rtg a g e , 4< . . 103»i4 * 11 9 2
j 9 0 AUg. [ 98 J a n .
U n io n P a o id o —6 g ----- . . . . 1 8 9 5 J A J 102
99% S ept. 107 M ay
Doula. A N * « u ,—C eo s, 7 s , , 1 8 0 6 A * u i 103 % (101% G et. ,108% M ar.
E x t. s in k in g fu n d , 8 ........1899 M & 8
73 S e p t. 97% F e b .
90
K . O , * M o b ile , l e t , 6 g ,, . l » i o f J Sc J 117 % b .(1 1 2 O ut. ,119 Feb.
C o lla te ra l t r u s t , 4% ___ .1 9 1 8 M A N
4 8 M ay t 54% F e b .
“
**
2 d , 6 g . 1 0 3 0 J * ,1 100% b 9 6 A u g 102% M ay
98 J a n .
-G oia os, ool. t r u s t n o te a .1 8 9 4 F A A 9 6 b. 91% M ay
G e n e r a l, 8 g ......................... 1830 J A D 1 1 4 b.i H O S e p t. (11778 A pr.
K a n . P a o .- D e u .D iv .,6 g .1899 M A N I l l b. 106 J a n . 111% J u ly
G a in e d ,4 g ............. .......... 1 8 4 0 ,!J * J : 7 9% , 6 3 % AUg. 80% F eb.
1 s t o o n so b , 6 g ...............1019 M A N
7 0 b. 156% A ug. 177% F e b .
U>uts,H. A. * O lL - l « t , 6 s . l : i u i J k .} 1 0 ' b. 102 % S e p t, 1 1 4 J u n e
O re g o n S hore t i n e —6 g .1 9 2 2 F A A 111 % U 0 0 J a a . 115 A p r.
C o. .n.so l., 6L„.........................
g .........................1
, J0 (1 L
8 A
______
Oi
O r.S .L -A U t’hN .—O i)n .,6 g l9 1 9 A A O 66
148 J u ly 1 7 0 F eb.
7 4 A u g . 103 F eb.
, Sc
-*, 99 23
M a n h a tta n co n so l. 4 s ____1--9 9 0 1A
*- IJ
i 88 A ug. 99% M ar.
U .P .D e n .A G u lf,o o a .,o g .l9 3 9 J A D 3 6 b. 25% A ug. 40% A p r.
Metro. E levated.-1st, 8g. 19081J * J: 118 b. 11 L% A ug. 120% J u n e U. 8. C o rd .—1 s t ool,, 6 g . . . l 9 2 l J A J f 28 b. 11 4 A ug. 136% F e b .
3 d , 6 s ........ ......................... 1 8 9 9 5 1 * Nl 104
101 A ug. 108 A pr.
U . S. L e a th e r —:J .F .d e b .6 g ,1 9 i3 .vl A N 1 1 0 %!), 108 A ug. 113% A p r,
M lo h .C e n t— l * t,e o n s .,7 s . 1 9 0 2 M Sc S 114% I l l
A ug- (1 2 2 % N ov. V irg in ia M id .—G en.M ., 5 a ,1 9 3 6 M A N
99 b. 87% S ept. 105 A p r.
C onso l., 5*_____________ 1 9 0 2 M & N '1 0 4 b.1103 J*u d’ y 1-----W ab a sh —1 s t, 5 g . „ . ......... 1 9 3 9 M A N 105 %b. 9 9 A ug. 109 A p r.
108% F eb.
M ll.D a k e S b .* W.—ls t ,6 g , 1 9 2 l ! M * Nl 129 b. 122 A u g . 132% A pr.
64% A ug. 77% F e b .
74
2 d m o rtg a g e , D g ............... 1 9 3 9 F A A
E x te a . * Im p ., Sg
. . . . 1 9 2 9 F * A 112 b. 1 0 4 A u g . 1 15% M ay
1 00 A ug. 108% M ay
W e s tN . x. A P a .—1 s t, 6 g -1 9 3 7 :J A J 10 6
33 A ug. 49 % F e b .
M ln n .* 8 t.L .—I* tc o n .o » ,g .l9 3 4 M * Nj 1 0 0 % b ,: 9 6 A ug. 1 03% A pr.
G en. 2-3-4s, g o ld ..............1943 A A O
45
Mo. K . * K.—l e t 5 s ,g ., g o ..1 9 4 2 A Sc O
We 8t.U n .T e l.- O 0l . t r . 5 s . . 1938 J A J 1 0 6 b. 10 1 A ug. 108% J u n e
9 2 a. 81 A u g . I 9 4 F eb.
90 J a n .
M. K , * T e x a s — is t , 4«. g .ltlo o ! J Sc D 84% | 75 % A ug. | 87 Feb.
W heel, A L , K. W.D. 1 s t 5 g ,1 9 2 8 J A
’ 92% a. 9 0 J a n .
2 d , 4e, g ...............................1 9 » 0 ;F * A
W ise. C en t. Co. 1 s t 5 g ...1 9 3 7 J A
■ 41 1). 125 A ug. 146 F e b .
59 % | 4 4 A u g . I 63% Feb,

2

S ots.

in d ic a te s p ric e b id : " a " p ric e a ske d : th e r a n g e l« m a d e u p fro m a c tu a l s a le s o n ly .

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

t T r u s t re o e ip ts .

SEW TO UK STOCK EXCH AN GE P IU C E S -< Con ti n n ed ).—m A CTIVE BONDS—NOVEMBER 2 0
sE m m m m

B id.

Ask,

Kallroad Bonds,
(Mioek Exchange Prices.)
A la b a m a M id.—J . a t , « t j » r . . I 9 2 8
A te h . T o p e k a A Siua F r a n .—
A
6 a . 1915
Oof. MM. l* t, m.. 6a.
. ..1 9 3 6
A | t A P a o .—2d W . IX, m . m . 1907
w e s te rn W ris im j in c o m e ..1 9 1 0
•
in n

2
!1 0 g

S E C U R IT IE S .

B id.

B a lt. A OMo—5a, g o l d . . . . . . . . 1 9 2 5
Corm. m o rt., gold, 5 s . . . . . . . . 1 9 8 8
W V*a, & Pi t t a. —
5a . - 1990
B . & O. 8. W ., l s t , g . , 4 1s 8 ...1 9 9 0
M o n o n . R iv e r, l s t , g . , g . 5 s . . 1919
C e n td O hio R eo r.—iafc.4bj3.1930
A k.& Ch. J u n e .—1 s t,g, 5a, g u . 1930
B ro o k ly n E le v a te d —2 d, 5 a .. . 1915
S e a sid e A B .B .—1 st,g ,5 a ,g ii. 1942

85

Rr’kl'm

5«10a^

77

Ask.

S E C U R IT IE S .

B ru n s w ic k & W 'n —1 s t, g,, 4 s . 1938
Buff. R ook. & P i t t s . —G en . 5 s„ 1 9 3 7
B ooh. Sc P ., 1 st, 6 s ................. 1921
R oeli. <&P it ts .—C ons. 1 s t,6s. 1922
Buff. & S uaqueh.—1 s t, 5s, § ..1 9 1 3
B u rl. C e d .R a p .& N o . 1 s t, 5 8 .1 9 0 6
C onsol. <& o o lia t. t r u s t , 5 s .. 1934
M inn. * S t. L .—1 s t, 7s, g u .. 1927
40
Ced. R ap . I. F , St N „ 1 s t, 60.1920
i„+
...
um
77To
94

B id.

A sk ,

9 4 is
120
1 20
106% 1 0 8 ”
1 00 103%
* ib o
i no

THE CHRONICLE.

914

[V o l ,

LXI1I,

NEW YOKE STOCK EXCHANGE PRICES .—IN ACTIVE BONDS—(Continued)—NOVEMBER 2 0 .
S E C U R IT IE S ,

B id .

A sk .

S E C U R IT IE S .

B id .

A sk .

S E C U R IT IE S .

B id .

A sk .

60
S v a n s . A I n d i a n . —1 s t , c o n s . . 1 9 2 6
H O M O —C o l. A C l n . M . l s t , 4 % s . l 9 3 t
N o r t h e r n P a c i f ic —
90
F lin t & P . M a ra u e tte —
C e n t . B R . A B a n k . - C o l . g .5 s ,1 9 3 r
C. d ’A le n e —G e n . l s t , g . , 6 s . .1 9 3 8
111
M o r t., 6 s ......................................... 1 9 2 0
C e n t, o l N , J . —C o n v . d e b ., 6 9 .1 9 0 8
C e n t. W a s h i n g t o n —l s t , g . ,6 s . 1 9 3 8
C e n t P a o if ic —G o ld b o n d s , 6 8 ,1 8 9 7 *100
1 s t , c o n . g o ld , 5 s ...................... 1 9 3 9
*75
o r f o lk A S o u th ’n —1 s t , 5 s , g . ------- TOO
P t . H u r o n D iv .—l e t , 5 s ___ 1 9 3 8
80
N o r f o lk A W e s t.—
G o ld b o n d s , 6 s ...........................1 8 9 8 *101
F la . C e n A P e n .— l s t g . 5 s ___ 1 9 1 8
G e n e r a l , 6 s ...................................1 9 3 1
S a n J o a q u i n B r . , 6 s ................ 1 9 0 0 *101
l e t c o n . g ., 5 b .............................1 9 4 3
N e w R i v e r 1 s t 6 s .................... 1 9 3 2
M o r t. g o ld 5 s ...............................1 9 3 9
I m p . A E x t . , 6 s .......................... 1 9 3 4
P t. W o r th A R . G .— 1 s t g ., 5 s . ,1 9 2 8
50
L a n d g r a n t , 5 s , g .................... . 1 9 0 0 *95
H a l. H a r . A S a n A n t . —1 s t , 6 s . 1 9 1 0
A d i u s t m e n t M . , 7 s ............... . 1 9 2 4
E x t . g . 58, s e r ie s A B C D ..1 8 9 8 TOO
lo o "
2 d m o r t ., 7 s ............................. . . 1 9 0 5
99
M d . A W a s h . D iv .— 1 s t , g . 5 s . 1 9 4 1
C a l. & 0 . 1)1v ., e x t . , g . 5 s . . .1 9 1 8
68
G a . C a r. & N o r .—1 s t , g u . 5 s , g .1 9 2 9
W e s t. P a o if lo —B o n d s , 6 s ----- 1 8 9 9 TOO
S o io to V a l. A N . E . —1 s t , 4 b,. 1 9 8 9
83%
83
O h io A M is s .—
H o u s a t o n i c —C o n s , g o ld 5 s ___ 1 9 3 7 1 1 8 %
N o . R a i l w a y (C a l.)—1 s t , 6 8 .1 9 0 7
N . H a v e n A D e rb y , C o n s .5 s ..l9 1 8
C o n s o l. 7 s ................................. . . 1 8 9 8
5 0 - y e a r 5 s ..................................1 9 3 8 *91
105
2 d c o n s o l. 7 s ..............................1 9 1 1
H o u s. A T e x a s C e n tra l —
C b e s . & O .—P u r . M . f u n d , 6 s . 1 8 9 8 1 0 3
110
W a c o A N . 7 s ............................ 1 9 0 3 1 2 5
S p r in g .D iv .—I s t 7 s ............... . 1 9 0 5
97
C r a i g V a lle y —1 s t , g ., 5 s ___ 1 9 4 0
95
G e n e r a l 5 s .................
..1 9 3 2
1 s t g ., 5 s ( in t . g t d ) ....................1 9 3 7 1 0 7
W a rm S p r . V a l., 1 s t , g . 5 s . .1 9 4 1
100
C o n s . g . 6 s ( in t . g t d ) ...............1 9 1 2
O h io R i v e r B R .—1 s t , 5 s ............ 1 9 3 6
100%
C b e s . O . & S o. W e s t.—1 s t 6 s , g .1 9 1 1
G e n , g . , 5 s ..................................... 1 9 3 7
D e b e n t. 6 s , p r in . A in t . g td .1 8 9 7
S d , 6 s ............................................... 1 9 1 1
O m a h a A S t. L o u is .—1 s t , 4 s . . 1 9 3 7
O b. V .- G e n .o o n .ls t.g u .g ,5 s .l9 3 8
D e b e n t . 4 s , p r i n . A i n t . g t d .1 8 9 7
35
O r e g o n A C a l if o r .—1 s t , 5 s , g .1 9 2 7 *77
U lin o is C e n t r a l — 1 s t , g ., 4 s . . .1 9 5 1 1 0 9
C h ic a g o & A lto n —8 . F ., 6 b ___ 1 9 0 3
O r e g . R y A N a v . —C o l . t r . g . . 5 s . l 9 1 9
1 s t . g o ld , 3 % s ..............................1 9 5 1
66
l o n i s . & M o . R i v e r —1 s t , 7 8 .1 9 0 0 1 0 8
P e m n ~ P ,C .C .A 8 t.L .C n .g .4 % s A 1 9 4 0 T 0 8
G o ld 4 s ........................................... 1 9 5 2
S d , 7 s ............................................1 9 0 0 1 0 3
Do
do
S e r ie s B ...........
2 - 1 0 g ., 4 s .....................................1 9 0 4
S t. L . J a c k s . A C M o —2 d , 7 S .1 8 9 8
M is s .R . B r i d g e —1 s t , s . f . , 6 8 .1 9 1 2 102
C a ir o B r id g e —4 s ........................1 9 5 0
P . C . A 8 . L . - l s t , 0 . , 7 s ...................1 9 0 0
S p r in g ! . D iv .—C o u p ., 6 s ___ 1 8 9 8
P i t t s . F t . W . A C .—1 s t , 7 s . . . 1 9 1 2
C h io B u r l. * N o r .—1 s t , 5 s . . . .1 9 2 6 102
2 d , 7 s .......................................... 1 9 1 2
M id d le D iv .—R e g ., 5 s . . ......... 1 9 2 1
D e b e n t u r e 6 s ...............................1 8 9 6
3 d , 7 s ............................................1 9 1 2
105
O. S t. L . A N . O —T e n . 1 .,7 8 .1 8 9 7
C h io . B u r l i n g . & Q .—5 s , s . f . , 1 9 0 1 1 0 1
108
C h .S t.L .A P .—1 s t , c o n . 5 s , g . . .1 9 3 2
1 s t , c o n s o l., 7 s ...............1 . . . . 1 8 9 7
I o w a D iv .—S in k , l u n d , 5 s . . 1 9 1 9 1 0 6
C le v . A P . —C o n s ., s . f d . , 7 8 .1 9 0 0 110
96% 9 8
G o ld , 5 s , c o u p o n ...................1 9 5 1 1 1 7 %
S in k in g l u n d , 4 s ...............
1919
G e n . 4 % s , g ., “ A ................1 9 4 2
M e m p . D iv ., l s t g . 4 s .........1 9 5 1
P l a i n , 4 s ..........................................1 9 2 1
S t. L .V . A T . H . —1 s t , 6 s . , 7 8 .1 8 9 7 102 10 2 %
C e d . F a l l s A M in n .—1 s t , 7 s . . 1 9 0 7
C h ic a g o & I o w a D iv .—5 s . .. 1 9 0 5
9
3
9
6
2
d , 7 s ............................................ 1 8 9 8
I
n
d
.
D
.
A
S
p
r
.—l
e
t
7
s
,
1
9
0
6
,
t
r
u
s
t
I 'h io . A I n d i a n a C o a l—1 s t 5 s . 1 9 3 6
31
r e e t s . , e x b o n d s ................................... *25
2 d , g u a r . , 7 s ........................... . 1 8 9 8
99
C h i. M il. A S t , P . —1 s t , 8 s , P . D . 1 8 9 8 1 0 3
1
2
5
G
d
.
R . A I . E x t . —1 s t , 4 % s ,G .g . 1 9 4 1
101
%
1
0
0
%
I
n
d
.
D
e
c
.
A
W.—1
s
t
,
g
.,
5
s
.
.
.
.
1
9
3
5
2 1 , 7 3 -1 0 8 , P . D ....................... 1 8 9 8
I n d . I l l s . A I o w a .— 1 s t , g , 4 s . . 1 9 3 9
P e o r i a A P e k . U n io n —1 s t , 6 s .1 9 2 1 110
1 s t, 7 s , $ g ., R . D ........................1 9 0 2 1 2 8
2 d m o r t g . , 4 % s ...........................1 9 2 1
1 s t , e x t . , g. 5 8 . ............................1 9 4 3
70
1 s t , I . & M . , 7 s ............................1 8 9 7 1 2 5
P i t t s . C le v e . A T o l.— 1 s t , 6 s . . . 1 9 2 2
26
I n t . A G . N ’n —3 d , 4 s , g ........ 1 9 2 1
l i t , I . * D . , 7 s ............................1 8 9 9 1 2 5
1
2
6
K i n g s C o . - F .E l .,l s t ,5 ,g . , g u . A . 1 9 2 9
P i t t s . A L . E r . —2 d g . 5 s , “ A ” . 1 9 2 8
1 s t ,C . A M . , 7 s ............................1 9 0 3
L a k e E r i e A W e s t .—2 d g ., 5 s . 1 9 4 1 1 0 0 % 102
P i t t s . M o . K . A Y .— 1 s t 6 s ____ 1 9 3 2
1 s t, I . & D . E x te n s io n , 7 s . .. 19 0 8 12 9
N o r t h ’n O h io —1 s t , g u . g. 5 8 .1 9 4 5 102 j ........ P i t t s . P a i n s v . A F . —1 s t , 5 s . . . 1 9 1 6
1 s t , L a C . & D a v ., 5 s ............ 1 9 1 9 1 0 9
1 2 6 % L . S. A M .S o u .—B .A E .—N e w 7 s . ’98 1 0 3 % |......... P i t t s . S h e n . A L . E . —1 s t , g . , 5 s . 1 9 4 0
1 s t , H .& D . , 7 s ......................... 1 9 1 0
93
90
1 s t o o n s o l. 5 s . . . ......................... 1 9 4 3
D e t. M . A T .—1 s t, 7 s ...............1 9 0 6 1 2 2 j l 2 5
1 s t , H . A D „ 5 s ......................... 1 9 1 0
P i t t s . A W e st.—M . 5 s , g .1 8 9 1 - 1 9 4 1 *30
40
L a k e S h o r e —D iv . b o n d s , 7 s . 1 8 9 9 1 0 5
- Q h io a g o & P a c i f i c 'D i v ., 6 s . .1 9 1 0 1 1 6
K a l. A ll. A G . B .—1 s t g n . 5 S .1 9 3 8 1 1 3
P i t t s . Y ’g e t ’n A A .—1 s t , 5 s , o o n . l 9 2 7
M in e r a l P o i n t D iv . 5 s ............ 1 9 1 0
R io G r a n d e S o .—1 s t , g ., 5 s . . . 1 9 4 0
0 . A L. S u p . D iv ., 5 s ...............1 9 2 1 1 0 6 '
M a h o n ’g C o a l R R .—1 s t , 5 s . 1 9 3 4 1 1 8
102
S t. J o s . A G r I s . —2 d i n o .......... 1 9 2 5
F a r g o A S o u th ., 6 s , A s s u . . . l 9 2 4 1 0 6
L e h ig h V .,N .Y .—1 s t g u .g .4 % s ,1 9 4 0 *98
K a n . C. A O m a h a — 1 s t , 5 s . . 1 9 2 7 • 2 5
I d o . o o n v . s i n k , f u n d , 5 s ___ 1 9 1 6
L e h ig h V .T e r m .—1 s t g u , 5 s , g . l 9 4 1 1 0 7
S t. L . A . A T . H . —T e r m . 5 s . . 1 9 1 4 *100
D a k o t a & G t. S o u th ., 5 s . . . . 1 9 1 6 * 1 0 8 % 109
L e h ig h V ’y C o a l—1 s t 5 s , g u , g . l 9 3 3 100
B e l ie v . A C a r .—1 s t , 6 s ........... 1 9 2 3
M il. & N o r . m a i n l i n e —6 s . . . 1 9 1 0 1 1 6
1 J t c h f . C a r.A W e s t.—1 s t 6 s . g .1 9 1 6
C h i.S t.L .A P a d .—I s t , g d . g . 5 s l 9 1 7
102%
L i t t l e R o c k A M .—1 s t , 5 s , g . . l 9 3 7
C h ie . A N o r w .—3 0 - y e a r d e b .5 s .1 9 2 1 1 0 7
S t. L o u i s S o .— 1 s t , g d . g . 4 s . 1 9 3 1
Long Is la n d E s c a n a b a & L . S. 1 s t , 6 s ___ 1 9 0 1 1 0 7
123
do
2 d i n c o m e ,5 8 .1 9 3 1
D e s M . A M in n .—1 s t , 7 8 . . . . 1 9 0 7 120
l e t , 7 s ............................................. 1 8 9 8 * 1 0 4 %
C a r . A S h a w t .—1 s t g . 4 s ___ 1 9 3 2
F e r r y , 1 s t , g ., 4 % b. . . ............. 1 9 2 2
I o w a M id la n d —1 s t , 8 s .......... 1 9 0 0
G o ld 4 s ............................................1 9 3 2
S t. L . A 8 . F . — 2 d 6 s , g . , c l. A . 1 9 0 6 1 1 1 %
. O h io . & M ilw a u k e e — 1 s t , 7 s . 1 8 9 8 1 0 4 "
G e n e r a l 5 s ......................................1 9 3 1
W in . A S t. P —2 d , 7 s ...............1 9 0 7 121
97%
127
N . Y . A R ’w a y B .—1 s t , g . 5 8 .1 9 2 7 *98
1 s t , t r u s t , g o ld 5 s .................. 1 9 8 7
2 d m o r t g ., i n o _ . . . ................. 1 9 2 7
MU. & M a d .—1 s t . 6 s ............... 1 9 0 5
42%
90
35
F t. 8 . A V . B . B g . - l s t , 6 s . . .1 9 1 0 1 0 4 %
109
O tt. O. F . A S t. P . —1 s t , 5 s . 1 9 0 9 1 0 5
N .Y .A M a n .B e a c h .—1 s t , 7 s , 1 8 9 7 101
N o r t h e r n 111.—1 s t , 5 a ...........1 9 1 0
N .Y .B .A M .E .—1 s t c o n . 5 s , g . l 9 3 5
K a n s a s M id la n d — 1 s t , 4 s , g .1 9 3 7
105%
S t. P a u l C it y R y , c o n . 5 s , g . , , 1 9 3 7
B r o o k l’n A M o n t a u k — 1 s t , 6 s . 1 9 1 1
M il. L . 8 . A W .—C o n .d e b .,5 s . 1 9 0 7
G o ld 5 s , g u a r ..............................1 9 3 7 .......... .........
M ic h . D iv ., 1 s t , 6 s ................. 1 9 2 4 1 2 3
1 s t , 5 s .........................................1 9 1 1
S t. P a u l A D u l u t h — 1 s t , 5 s ___ 1 9 3 1
A s h l a n d D iv is io n —1 s t , 6 s 1 9 2 5
N o . S h o r e B r .—1 s t c o n , 5 s , g . l 9 3 2
128%
2 d m o r t g a g e 5 s ........................... 1 9 1 7 1 0 2
L o u i s .E v a n s . A S t. L .—C o n .5 s .1 9 3 9
33
90
C h .R .I .A P —D . M . A F . D . l s t 4 s . l 9 0 5 " 8 0
40
S t. P a u l M in n A M .—1 s t , 7 s . .1 9 0 9 1 0 8
110
65
1 s t , 2 % s ...................................... 1 9 0 5
L o u i s .A N a 8 h .—C e c i l .B r . 7 s . . 1 9 0 7 1 0 3
E x t e n s i o n , 4 s .........................1 9 0 5
2 d m o r t . , 6 s ....................................1 9 0 9 1 1 6 %
80
E . H . A N a s h .—1 s t 6 e , g ___ 1 9 1 9 1 1 3
M
im
n
e
a
p
.
U
n
io
n
—1
s
t
6
s
___
1
9
2
2
P e n s a c o l a D iv is io n , 6 s ...........1 9 2 0 1 0 7
K e o k u k & D C s M .—1 s t , 5 s . .1 9 2 3 100
109
M o n t. C e n .—1 s t , g u a r . , 6 s . .1 9 3 7
S t, L o u i s D iv is io n , 1 s t , 6 s . . .1 9 2 1
C h ic . S t. P . & M in n .— 1 s t , 6 s . ..1 9 1 8 1 2 6
1 s t g u a r . g. 5 s ..........................1 9 3 7
105*
131
S t. P a u l A 8 . C .—1 s t , 6 s .........1 9 1 9 1 2 6
2 d , 3 a ...........................................1 9 8 0
O hio. & W . I n d —1 s t , s . f . , 6 s . 1 9 1 9
E a B t. M in n ., 1 s t d iv . 1 s t 5 s .1 9 0 8 1 0 3 %
N a s h v . A D e c a t u r —1 s t , 7 s . . 1 9 0 0
G e n e r a ! m o r t g a g e , 6 s .............1 9 3 2 T 1 7 "
W ” u a r A S i o u x F .—1 s t , g , 5 s . l 9 3 8
n . f .,6 s .—8 . A N . A l a ............... 1 9 1 0
S a n F r a n . A N . P .— 1 s t , g ., 5 8 .1 9 1 9 *98
102
5 0 - y e a r 5 s , g . , .............................1 9 3 7
C h ic . A W e s t. M ic h .—5 s ...........1 9 2 1
91
S a v .F l.A W e s t.—1 s t , c o n . g , 6 s . l 9 3 4 * 1 0 9
C ln H a m . A D .—C o n . s . f . , 7 S .1 9 0 5
T e n s . A A t . - 1 s t , 6 s , g o l d . ..1 9 2 1
95
S o u L u c rn —
t o l l a t . t r u s t , 5 s , g ...................1 9 3 1 * 9 8
S d , g o ld , 4 % s ...............................1 9 3 7 1 0 3 % 1 0 4
C in . D . A I r ’n — l s t . g u . 5 s , g . l 9 4 1 1 0 5
A la . C e n t ., I s t 6 s ............ . . . . 1 9 1 8
L .A N . A M .A M .— I s t , g . , 4 % s l 9 4 5
O le v . A k . A C o ).—E q . A 2 d 6 8 .1 9 3 0
A t l . A C h a r .—l e t , p r e f . , 7 s . . 1 8 9 7
N a s h .F l o r .A S .—1 s t , g u ., 5 s . 1 9 3 7
75
I n o o m e , 6 s . . . . ........................1 9 0 0
75
^ K e n tu c k y C e n tra l—I s , g . . . 1 9 8 7
C le v .& C a n .—T r .c t f s .f o r l 8 t 5 s .1 9 1 7
90
O .C . C. A S t. L . - G e n . , g . 4 s . .1 9 9 3
C o lu m . A G r e e n .—1 s t , 5 - 6 S .1 9 1 6
c .o u . A J e f t.B d g e C o .—G u .g ,4 s . 1 9 4 5
C a i r o d iv i s i o n , 4 s ....... ............. 1 9 3 9
E . T e n n .V . A G a . - D i v i s . 5 s 1 9 3 0 1 0 9
L o u N .A lh .A C h .—G e n . m .g . 5 s . 1 9 4 0
90
44
R ic h . A D a n .—E q . s. f . g , o s . 1 9 0 9 * 9 8 %
92
8 t.L o u .D i v .— I s t o o l . t s ’t4 s , g . l 9 9 0
9 2 % M e m p h is A C h a r i .—6 s , g o l d . .1 9 2 4
D e b e n . 5 s , s t a m p e d ...........1 9 2 7
S p r in g . A C o L D iv .— l s t , g . 4 s . 1 9 4 0
M e x ic a n C e n t. C o n s o l.—4 s , g .1 9 1 1
93
V ir ’a M id .—S e r i a l s e r .A , 6 s . 1 9 0 6
W h ite W .V a l.D iv .—l s t , g . 4 s . 1 9 4 0
1 s t , e o n s , in c o m e 3 s , g ___ . . 1 9 3 9
S e r ie s B , 6 s . . . . . . . . . ..............1 9 1 1
C in .W a b .A M .D iv .—l s t , g .4 s ,1 9 9 1
M e x . I n t e r n a t i o n a l —1 s t , 4 s , g . l 9 4 2
S e r ie s C , 6 s ............. .................. 1 9 1 6
C in . I . S t . L . A C —1 s t ,g .,4 8 .1 9 3 6
96
M e x ic a n N a t i o n a l —1 s t , g ., 6 S .1 9 2 7
99
S e r ie s D , 4 - 5 s ......................... 1 9 2 1
C o n s o l , 6 s .....................................1 9 2 0
2 d , in c o m e , 6 s , “ A ” .................1 9 1 7
S e r ie s F , 5 s ______ ______ . . 1 9 3 1
C in .8 a n .A C l.—C o n .l s t ,g .5 s ,1 9 2 8 1 0 5 "
2 d , in c o m e , 6 s , “ B ” . . _ .........1 9 1 7
I n d i a n a B . & W .— 1 s t p f .7 s .1 9 0 0
W a s h .O .A W .— 1 s t o u r .g u .4 s .1 9 2 4
M ic h ig a n C e n t r a l —6 s .................1 9 0 9
80
T e r . A s ’n o f S t. L .— 1 s t , 4 % s ,1 9 3 9 * 1 0 2 %
O h io I n d .& W .—I s t p r e f . 5 s . . l 9 3 8
C o u p o n , 5 s .................................... 1 9 3 1 1 1 5
1 s t , c o n . g . 5 s ....... .......... 1 8 9 4 - 1 9 4 4 1 0 4 %
C . C o l C ln . A I n d . —1 s t , 7 s , s . f . l 8 9 9 1 0 4
M o r tg a g e 4 s .................................1 9 4 0 102
105%
C o n s o l, s in k , f u n d , 7 a .............1 9 1 4
8 t.L .M e r .B r .T e r m .,g .5 s ,g u ..l9 3 0
102 %
B a t .C .A S t r g i s .~ l s t , 3 s , g . g u . l 9 8 9
T e x a s A N e w O r le a n s —
C in .& S p r .—lst,C .C .C .< fe I.7 s -1 9 0 1
M in n .A S t. L .— 1 s t , g . 7 s ...........1 9 2 7 1 3 6 %
O le v e . L o r a i n & W h .—1 s t , 5 s . 1 9 3 3 *101 1 0 5
1
s
t
,
7
s
................................................
1
9
0
5
I o w a E x t e n s i o n , 1 s t , 7 s ........ 1 9 0 9 1 2 1 %
C le v e , & M a h . V .— G o ld . 5 s . . . 1 9 3 8
S a D in e D iv is io n , 1 s t , 6 s ____ 1 9 1 2
S o u t h w e s t E x t . —1 s t, 7 s ........ 1 9 1 0
126
D e l. L a c k . A W .—M o r t. 7 s ___ 1 9 0 7 1 2 4 %
C o n s o l. 5 s , g ......................
1943 103
P a c if io E x t . —1 s t , 6 s ...............1 9 2 1
120
T e x . A P a c . , E . D .—1 s t , g . 6 s . 1 9 0 5 1 0 6
S v r a . B in g . & N . V .—1 s t , 7 8 .1 9 0 6 1 2 3
M o .K .A T e x .—1 s t , e x t . , 5 s , g .1 9 4 4
92
M o r r is A E s s e x — 1 s t , 7 s ___ 1 9 1 4 1 4 0
T h i r d A v e n u e (N .Y ).—1 s t 5 s , 1 9 3 7
121%
M o .K .A T .o f T e x .l s t ,g u . 5 s . g . l 9 4 2 * 7 6 % 8 0
B o n d s , 7 s . . . . .......................... 1 9 0 0
T .A O .C — K a n . A M ., M o r t. 4 s . l 9 9 0
K a n s a s C it y A P . , 1 s t , 4 s , g . . 1 9 9 0
65
78
7 s o f 1 8 7 1 .................................1 9 0 1 1 1 2
D a l. A W aco-—1 s t , 5 s , g u . . , 1 9 4 0
83 " T o l. P e o . A W e s t.—1 s t , g ., 4 s . 1 9 1 7
72% 76
1 s t , c o n ., g u a r . , 7 s ...............1 9 1 5 1 3 9
U l s t e r A D e l . —1 s t , o o n ,,6 .,5 s . 1 9 2 8
141
102 %
M is s o u r i P a c i f i c —T r u s t 5 s . . . 1 9 1 7
65
W a rr e n —2 d , 7 s ........................ 1 9 0 0
U n io n P a c i f ic — 1 s t , 6 s ................. 1 8 9 6 102
1 s t c o l l., 5 s , g .............................19 2 0
D.
A H .C a n .—P a . D l v .,e o u p .71s 4.l09 1 7
1 s t , 6 s ...............................................1 8 9 7 102
102 %
S t L .A I . M . - A r k . B r . , 1 s t , 7 s . 1 8 9 5 100
A lb a n y & S u s q — 1 s t , g u , 7 s. 1 9 0 6 1 2 2
1 s t , 6 s ..............................................1 8 9 9 1 0 2 %
M o b ile A O h io —1 s t e x t . , 6 s . . .1 9 2 7
124
116
1 s t , c o n s ., g u a r . , 6 s ___ , . . 1 9 0 6
C o l l a t e r a l T r u s t , 6 s ................. 1 9 0 8 *96
S t. L . A C a i r o —4 s , g u a r .........1 9 3 1
117
B e n s . & S a r . 1 s t , c o u p ., 7 6 .1 9 2 1 *135
C o l l a t e r a l T r u s t , 5 s ..................1 9 0 7 *75
M o r g a n ’s L a . A T .—1 s t , 6 a ___ 1 9 2 0
118
D e n v . T r a m w a y —C o n s . 6 s , g .1 9 1 0
1 s t , 7 s ...............................................1 9 1 8 122
K a n s a s P a o if l c —1 s t 6 s , g . , . 1 8 9 5 1 0 4
M e tr o p o l . B y .—l s t . g n . g .6 s ,1 9 1 1
1 s t , 6 s , g .....................................1 8 9 6 T 0 5
N a s h . C h a t . A S t. L .—2 d , 6 s . .1 9 0 1
...........
D e n v . A R . G .—I m p . , g . , 5 s . ..1 9 2 8 *86*
C . B r . U P . - F . o . , 7 s ............. 1 8 9 5
N . O . A . N o . E .—P r . 1„ g ., 6 S ..1 9 1 5
25
D e t.M . A M .—L . g . 3 % s ,s e r .A .1 9 1 1
A tc h . C o l. A P a o .—1 s t , 6 s . . .1 9 0 5
N . Y . C e n t r a l .—D e b . g . 4 s ___ 1 9 0 5 1 0 3 %
31
19
18
D e t . & M a c k .—1 s t l i e n , 4 s , g . . 1 9 9 5
A
tc
h
.
J
.
C
o
.
A
W
.—1
s
t
,
6
s
.
.
.
1
9
0
5
35
N . J . J u n e —G u a r . 1 s t, 4 s . . . 1 9 8 6
*29"
101
4 s , g o l d . . . ......................................1 9 9 5
U . P . L i n . A C o l.— 1 s t , g ., 5 s . 1 9 1 8
24
B e e c h C r e e k —1 s t , g o ld , 4 s . .1 9 3 6 1 0 3 %
D u l u t h & I r o n R a n g e —1 s t 5 s . 1 9 3 7 io o i f l i0 3 "
U t a h A N o r t h . —1 s t , 7 s .......... 1 9 0 8 112
O s w . A R o m e —2 d , 5 s , g . , g u . l 9 1 5
E r i e — 1 s t , e x t e n d e d , 7 s ______ 1 8 9 7 1 0 1
G o ld , 5 s . . . . ...............................1 9 2 6
U t i c a A B l. B iv .—4 s , g ., g u .1 9 2 2
102*4
2 d , e x t e n d e d , 5 s ......................... 1 9 1 9 1 1 3
N . Y . A P u t . —1 s t , g „ i s . I u . 1 9 9 3
U t a h S o u t h e r n —G e n ., 7 s . . 1 9 0 9 * 6 5
3 d , e x t e n d e d , 4 % s ..................... 1 9 2 3 108
E x t e r n , 1 s t , 7 s ................... . . 1 9 0 9
N . Y . N . H . A H .— 1 s t, r e v . 4 s . 1 9 0 3
4 t h , e x t e n d e d , 5 s ....................... 1 9 2 0 1 1 2 % 1 1 5
V a ll e y R ’y C o . o f O .—C o n . 6 s . 1 9 2 1
N . Y . A N o r t h e r n —1 s t , g . 5 s . . 1 9 2 7
5 th , e x t e n d e d , 4 s ....................... 1 9 2 8 1 0 1
W a b ash —
N . Y . S u s q . A W e s t.—2 d , 4 % s . 1 9 3 7 , 6 7
1 s t, c o n ., g „ f ’d , 7 s ..................1 9 2 0
Debenture, S e r . A ................... 1 9 3 9
G e n . m o r t . , 5 s , g ....................... 19 4 0
72% 73%
B . N . Y . A E . —l e t , 7 s ............ 1 9 1 6 * 1 3 2
Debenture, S e r ie s B ............ . 1 9 3 9 2 4
25%
138
*86
95
W ilk . A E a s t . — I s t , g t d . , g . 5 s . l 9 4 2
lo r th e r n P a c .—
B u ll. & S. W .—M o r tg . 6 s ___ 1 9 0 8 * 1 0 2
D e t. A C h io . E x t . 1 s t , 5 s , g . , 1 9 4 0
98% 100
a e iie r s o n —1 s t , g n . g. 5 s ___ 1 9 0 9 *1 0 1 %
105
S t L .K .C .A N .—8 t .C .B d g e 6 s .l 9 0 8 1 0 2
J a m e s R i v e r V a l.—1 s t, S s . . . l 9 3 6
C o a l A B R .—6 s ............................1 9 2 2
46
W e s t N .Y .A P a . , g e n . g . 2 -3 -4 s 1 9 4 3
45
S p o k a n e A P a l . —1 s t , 6 s ........ 1 9 3 6
D ock A lr n p t.,I s t6 s , c u P c y . 1 913 l o j f
I n c o m e 5 s .............- ................. . . 1 9 4 3
S t .P a u l A N . P .—G e n ., 6 s . . 1 9 2 3 122
13% 14
E v a n s . & T .H .— 1 s t, c o n s .,6 e .l 9 2 1 1 0 7 % n o
W eBt. V a. O. A P i t t s —1 s t , 6 s . 1 9 1 1
H e le n a A R e d M ’n —l s t . g . , 6 a . 1 9 3 7
45
1 s t, g e n e r a l , g ., 5 s ................... 1 9 4 2
W h e e i.A L .E .—1 s t . 5 b, g o l d . . . 1 9 2 6 *97
100
D u l u t h A M a n ito b a —I s t , g . 6 s l 9 3 6
M t. V e r n o n 1 s t 6 s ....................1 9 2 3
E x t e n s i o n A I m p , g ., 5 s . ____1 9 3 0
D uL A M an D a k .D iv .- ls t6 s .1 9 3 7
78%
S u l, C o. B r . 1 s t , g ., 5 s ............ 1 9 3 0 . . . .
9
C
c
e
u
r
d
’A
le
n
e
—1
s
t
,
6
s
,
g
o
l
d
.
1
9
1
6
W
is.
C
e
n
t
,
in
o
o
m
e
5
s
..................1
9
3
7
6
.........

no

1121s

T08

*1041*

110

no

120
68

* No p rice F rid a y ; th ese are th e la te s t q u o ta tio n s m a le tu is wees. For 'Ils isilaaeous aud Unlisted B on d 4 —See 3d page preceding.

THE CHRONICLE

N ovember 21, 1896.]

In v e s tm e n t

Roads.

AJTD

E A R N IN G S.

The following table shows the gross earnings of every
STEA M railroad from which regular weekly or monthly returns
c a n be obtained. The first two columi s of figures give the
gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to and
including such latest week or month.
The returns of the street railways are brought together sep­
arately on a subsequent page.
Latest Gross Earnings.
R o a d s.

W e ek o r H o

A d i r o n d a c k ___ [S e p te m b T .
A la .
S o u th ., 2d w t N ov
A la . M id la n d . . . 'S e p te m b T .
A la . N . O .T e x A P a o . J u m * .
N . O r l. . t N . E 4 th w k O e t.
A la . A V ie k s b . i t h w k O c t.

v I* U4«t * r

1896.

20.-391

1 8 .4 2 3

3 2 .6 7 1
6 2 . 6 15

44,897

51.000

02,000

31.<100
27.000

!Jan. 1

1895.

5 1 .0 6 8

to Latest Date.

1896.

1895.

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

1 ,0 6 3 ,7 7 9 1 ,0 9 0 ,4 5 3
4 6 4 ,1 5 6
4 2 4 ,4 6 7
4 5 2 .2 9 4
4 2 4 16
1 ,7 5 9 .8 8 8 1 ,8 6 4 ,1 6 9
2 1 ,0 5 5
9 9 8 ,5 8 4 !
9 6 3 .1 1 7
11,681
6 5 ,0 2 0
6 8 .4 7 3
2 , 3 5 9 , 110 2 0 ,9 1 0 ,4 3 5 2 0 ,2 5 5 .2 8 5
1 3 8 .3 1 4 !
1*60,169
9 9 2 ,8 7 4
4 5 .0 5
3 7 1 .9 3 3
3 2 7 .7 7 3
12.7581
4 7 4 ,1 4 8 !
4 7 9 .9 7 9
8 9 .1 7 7 2 ,9 0 8 .4 8 5 2 ,9 0 1 .7 3 5
7.1 i
5 a ,4 0 7
3 7 ,1 2 8
2 1 .9 7 2
1 6 3 ,1 7 0
1 5 7 ,2 3 9
44.100
4 1 7 ,4 6 9 ;
4 3 0 ,7 7 9
2 8 .0 0 0

23.000
231.602

1 9 1 .1 5 4
A l l e g h e n y V a l S e p te m b ’r.
2 1 ,8 1 7
A n n A r b o r .......... 2 d w k N ovi
8 ,7 2 6
A r k . M id la n d - S e p te m b T .!
2
,7
0 5 ,7 1 8
A tc h . T . A 8 . F e . S e p te m b e r .
A t l a n t a A C h a r A u g u n t----- ! 1 3 3 .1 <7
5 1 . >04
A t l a n t a A W . P S e p te m b T .
1 1 ,0 9 0
A lla n . A D a n v . . d w k N o v
9 5 ,8 9 0
A t l a n t i c A P a c . ; I t b w k O c t.
A u g u * t a : - o a t ’n S e p t e i n b 'r .
9 .9 1 3
21.66
A u s t i n A N ' w e s t1A u g u s t . . . .
3 9 .6 0 0
B a lt.C h e # .A A ti. 0 « lo l> e r. ..
B a l t. A O h io ___ ( O c to b e r . .. 2 ,3 7 3 ,2 >7 2.270.346
1 1 1 ,1 7 0
121.987 5,277.7l6l 5,591.378
B a l. A O . S o u ’ w . 2 d w k N o v
7 3 .0 1 1
516,462
68/532
8 a o g » r 4 A r u o « t S e p te in b ’r.
530,691
19,0921
4 ,3 - 8
4,063
Bath A H a in ’n d * S e p te m b T .
19,586
B tr . A A t l a n t i c jO e t o b e r . . .
2 .5 2 4
19,059
3.1 MM*
17,730
B r o o k l y n K ie v . S b k S t u b s r R a i l ** k x r.r-r.
5 3 ,4 6 9
B r u n s w ’k A W e s t S e p te m b T .
449,507
49.007
360.285
7»*,l‘2 l 2.934.252 2,628,264
7 8 .3 6 3
B uff. R octi. A P i t t 2 d w k * o v i
49,420
393.035
30 4,572
B u ffa lo A s u a q S e p te m b T .
6 1 .9 0 3
7 5 ,6 0 3
130,330 3.809,472! 3,638,815
B u r .O . H a p . A N . U t w k N o v
509.009 1 7 ,-----------4 7 6 ,0 0
- C a n a d la n P a o ltb * 2 d w k N o v
58.392 15,930,395
0,-31
-C ar. M i d l a n d . . . O c to b e r . . .
7 ,2 7 3
50,138
41,565
4 6 9 ,6 8 8
454,9*99 3.6*20,0341 3,449,773
C e n t , o f < i« * o rg ta S e p tc m b T ,
C e n t r a l o f N . J . 'S e p t e m o ’r. 1 ,1 1 6 ,7 6 2 1,181,219 9,221.927 9,507,9*20
C e n t r a l P a c ific A u g u s t — 1 .1 6 9 ,9 1 3 1.200.445 7,899,524 8,318.354
41.415
3 ,9 1 7
5.130
3 4.801
C h a r i . C l. A s a t . :S e p t c u i b ’r . ,
423.903
C h a r l e s t ’n A S a v . S e p te u ib T .i
3 6 ,7 7 4
402.918
8,840.053 8,420,637
C h e * . A O h io . . . 2 d w k X o v | 2 0 4 ,5 0 0
190.818 1,282.553 1.295,484
1 7 8 ,5 7 2
C h ea . O . A S o. W J u l y
O h io . B u r. A O .'f 6 e p t « tn b ’r .|3 , 1 0 4 . 5 19 3,309.528 2 4 ,0 * 4 .2 8 4 23,802,3*25
91.049
.0 - 0 3 ,3 2 3 ,0 4 0
92.139
C h ic , A East. III. 2 d wk N o v
7H.6J6 00311 4 ,0 9 9 .7 1 8 3 ,5 0 4 ,5 7 0
Chle. O k West*n 2d wk N
Ohio. Mil. A St. P .24 w« Nov 639,515 852,569 2 7 ^ 3 0 5 ,2 8 5 2 6 ,1 5 3 ,9 5 0
Chic. A N’ ttaw*n. I8kpleuib’r. 2,913,064 3,251.430 2 3 ,9 4 J , 178 2*2,0*26.055
0 1 3 ,2 9 6
5 6 0 ,7 1 5
70,tO I 02.308
Chic. A No. Pac SeptembT.
7 4 9 ,5 7 6
77*2,2') 4
26.822
20.898
Chic.Pco. A st. L. fttfc wkOct.
1.671.956 1.740.795 1 2 ,9 * 2 .9 2 6 1 2 ,6 7 6 .2 0 8
Chic.R’ k I. A P ..'October.
862,570 841.196 5 ,6 2 7 ,M 3 4 .9 7 4 .0 2 2
Chlo.Sk P. M kO. SeptembT
23.267
Chic. A W. Mich. l« wk Nov
32.181 1 .4 0 1 .7 3 0 1 ,4 8 2 ,2 4 9
5 1 ,2 8 2
5 ,5 6 8
6.751
5.103
OtaJJa. A Porta.(October. ..I
6 1 1 .0 0 9
5 4 6 ,7 9 5
14.774
13,354
Cln.Ja* k.A Mae. 2d wk Nov
Cln. N.O. A T . P.jOctober. .. 308.142 356.881 2 ,7 8 7 .3 2 0 3,0*22,230
2 * 27.791
2 2 8 ,4 0 7
28.000
26.358
Cln. Porta. A V October. ..
6 0 8 .5 2 3
5 7 2 .9 2 9
14.076
13.539
Cl* v.Can. A So 1st wk Nov
Cl.C1n.Ch-A St.L lat wk Nov 217,879 288.632 1 1 ,0 0 3 .2 1 5 1 1 ,9 0 3 ,2 8 0
Peo. A Eaat’ n. Septemb’r. 151,069 174.140 1,29**,244 1 ,4 5 4 ,5 5 7
37.49'” 1 ,1 3 0 ,4 8 7 1 ,2 3 5 ,2 2 9
17.' 37
CL Lor. A Wheel. I at wk Nov
157.-20 175,435 1,5*26.578 1 ,4 2 9 ,9 4 0
Col. Midland---- October. ..
COL H. V. A Tol. August ... 198.589 257.335 1 ,6 2 4 ,4 3 5 1 ,5 5 0 .3 3 7
7 1 9 .4 9 4
6 8 0 .5 1 4
29.2*23
25,970
OoL Sand’/ A H.i ith wkOct.
1 6 ,0 7 7
1 6 ,0 9 1
2,400
3, 00
Colusa & Lake.. October. ..
0 ,3 2 2
9
,2
1
3
I.
231
505
Crystal............S eptem b’r.
0 2 0 ,0 3 4
6 2 2 ,8 8 6
81.679
76.315
OnrubTd Valley Septemb’ r.
0
,3
1
7
.2
3
9
6
,2
7
7
.0 5 4
104,4O<i
137.500
Den v. A Rio Or 2d wk Nov
2,303
9 1 .4 6 2
7 6 ,9 5 3
2.425
Do* M. A Kan.C. 3d wk Oct.
3
7
0
.1
6
0
3
0
7
,8 9 0
43.466
Dee. M. N. A W .. October. .
45,281
9 H 6 .3 1 7 :
990,9*22
17.711
Dek Un«*g A S o . latwk Nov
2 2 .4 9 8
3
3
7
,5
8
2
2
9
5
,0
79
24.511
19.535
Det.A MackinacSeptembT.
33,670 1 .7 1 3 ,2 0 0 1 ,5 4 3 ,8 3 8
24.176
DuluthS.S.AAtl. lat WK Nov
9 3 2 .5 0 8
BlicloJol.AEaatjQctober. .. 1*29.4 42 131,395 1 ,0 9 9 5 1 4
2,769.490 2,775.428 2 2 ,5 9 1 .3 3 6 2 2 ,0 0 9 ,9 5 d
4 4 ,5 2 3
4 0 ,9 4 5
6,120
Eureka Springe {August---5.062
2 6 1 .7 3 4
2 5 1 ,8 0 6
Evan*.Alod’ pllsj2d wk N o v
5.693
5 .4 0 8
9 ,6 5 0
1
0
2
,3
1
7
Evana. A Rich.. j let wk Nov
2.09*2
1,496
9 3 8 .2 7 1
9 1 6 ,5 0 1
20,720
24.6*11
Evanav.A T. H. 2d wk Nov
680.07
5
,3
5 5 ,6 9 6
5
.4
1
3
,3
5
1
0 40.027
Fttchburg..........Septeinb’r.
Flint. A P Marq.i Utwk Nov
48.219 2 ,2 1 2 ,7 3 9 2 .1 4 1 .2 7 6
40.009
1
,0
3 0 ,1 3 8
1
,7
0
6
.1
7
0
39.570
38,503
Fla. Cent. A Pen. Iat wk Nov
8 6 0 ,1 8 0
7 6 5 .0 9 1
FkWthADcn.C. 4th wkOct.
39,810
29.916
3
0
7 ,1 0 9
2
0
2
.3
0
7
38.466
Ft. W. A Rio Or. October. ..
55,257
7 ,4 1 5
8 .9 1 1
940
850
Oada. A Atk U. October. ..
1
,0
7
4 ,9 7 9
35.30*2 1 ,2 7 9 ,3 5 9
32.143
Georgia RR...... l»t wk Nov

30.521
-

Eri*'....... .....pD-inb’r.

Georgia A Ala .Ld wk Nov
Oft. Cer'la A No.'Septeinb’r.
Geo. So. A F la . October. ..
Or. Rap. A Ind. . 2 d wk N o v
Cln.R. A Ft. W. 2d wk N o v
Traverse City 2 d w k N o v
Mna. O. R. A I 2 d wk N ov
Tot. all lin e * 2 d w k N o v
Grand T r u n k . 2d wk N o v
Chic. A Or. Tr. I at wk No r
DekOr.H.AM. u t w k N ov
Ctn.Hag.AMae l a t w k N ov
Tol.SL A Miiak. i a t w k N o ?
Great North’ n—

20,069
II, 840
94.636
57.318
80,562
79.803
32.534
3-.056
8.374
0.3741
049
479
1,731
1,838
19.910
41.225
405,488 3 9 5 ,4 2 9
5 4 ,9 7 2
58,021
1 9 ,4 2 0
10,927!
2 ,9 6 7
2,286
1.534!
1 ,7 3 6

Latest Gross E arnings.
Week or Mo

1896.

1895.

Jan. 1 to Latest D ate •
1896.

$

Railroad Intelligence.
R A IL R O A D

915

0 3 0 ,4 7 7
4 7 9 .1 8 0
7 3 0 .9 0 0
675.0*21
1 ,0 9 1 ,8 1 9 1 ,8 1 9 .1 5 9
3 4 4 ,5 2 2
3 9 2 .2 1 8
4 0 .9 7 5
3 9 ,3 1 7
1 0 7 .0 7 4
10 i . 3 7 0
2 ,1 8 1 ,3 9 1 2 ,3 5 5 ,1 0 2
1 6 ,1 6 3 ,2 9 3 1 5 ,5 3 5 ,6 5 0
2 ,0 0 7 ,9 2 0 2 ,3 5 0 ,8 1 7
8 1 4 ,8 9 6
8 0 4 ,0 7 7
........................................
........................................

8k P . M. A M O c t o b e r . .. 2 ,0 5 9 ,3 1 4 2 ,0 9 5 ,4 7 4 1 2 ,8 5 0 ,0 0 1 1 1 ,4 6 1 ,1 3 7
East of Minn. October... 2 0 0 ,4 0 0 2 0 0 ,1 7 0 1 ,5 8 2 ,1 0 0 1 ,2 5 8 ,9 6 1
Montana* ’©at. O ctober... 1 0 2 .4 7 1 1 5 7 ,9 5 4 1 ,0 0 0 ,2 3 4 1 ,2 7 7 ,1 8 9
Tot. system Oetor»er. .. 2 ,4 8 2 .2 1 8 2 ,5 1 9 ,0 0 4 1 0 ,0 3 8 ,1 0 4 1 3 ,9 9 7 ,2 8 7
7 ,3 7 5
6 ,8 9 8
3 6 ,1 8 3 ;
3 6 ,1 0 9
Gn If A C h ic a g o October, .
1 0 .0 0 3 !
9 ,1 0 7
7 0 ,9 4 2
5 8 ,1 8 7
O T f B ’in n tA lC C . O c to b e r . ..
3 ,7 4 2
4 ,9 0 5
3 3 ,0 8 6 )
3 2 ,1 8 4
H o o s .T u n .A Wll. Septeinb'r.
2
5
4
,1
8
0
2
3
9
,3
1
7
1
,7
0
5
,9
7
0
2
.0
0
1 ,7 5 1
H o tie .A T a K .C e n A u g u s t . . .
I l l i n o i s C e n t r a l . O c o l i e r . .. 2 ,2 -1 0 ,7 6 7 2 .3 8 7 ,4 1 2 1 7 ,2 0 0 .9 1 9 1 0 ,4 9 4 * 2 4 4
0
,1
1
9
1
1
,2
1
4
3
8
5
,1
7
7
3
9
4
,2 8 1
Ind. D ee. A W e a k let wk Nov

1895.

I n d . IH . & I o w a . S e p te m b ’r.
4 9 ,9 8 4
5 6 ,7 4 4
5 6 1 .6 9 1
5 5 9 ,0 7 9
I n . A G t. N o r t h ’n 2 d w k N o v
8 6 ,5 1 5
7 9 .9 8 9 2 ,8 6 2 ,4 0 8 2 .7 7 4 ,7 2 2
t l n t e r o c . (M e x .) l s t w k N ov
4 4 ,4 1 1
4 1 ,5 >9 1 ,9 7 6 ,1 8 9 1 ,9 6 7 ,5 0 0
I o w a C e n t r a l . . . (*2d w k N o v
3 3 ,2 6 2
4 2 ,0 5 9 1 ,5 2 5 .2 6 8 1 ,4 3 7 ,0 9 7
I r o n R a i lw a y . - O c to b e r . . .
2 ,8 4 3
3 ,5 7 6
3 6 .5 9 7
4 0 ,4 5 5
J a c k . T . A K . W . S e p te m b ’r .
2 2 .3 1 4
2 3 5 ,2 7 4
1 9 ,6 0 7
3 0 6 ,7 8 3
J a m e s t ’n & L . E . S e p te m b ’r .
3 ,2 1 1
K a n a w h a & M ic li 2 d w k N o v
7 ,8 9 1
3 9 1 .6 2 1
1 0 ,7 4
3 8 5 ,0 6 1
K .C .F .S c o tt-A M .. 1 s t w k N o v
6 9 ,0 2 0
9 1 ,2 0 8 3 ,7 2 8 ,6 3 0 3 ,7 8 9 ,8 5 1
K .C .M e m & B i r . 1 s t w k N o v
2 3 ,4 1 8
3 1 ,1 2 6
9 7 1 ,1 3
8 8 7 ,1 1 5
K a n . C. N . W . . . . O c to b e r . . .
2 8 ,3 8 1
2 2 4 .8 2 2
2 5 ,1 3 6
1 9 8 ,1 7 3
K a n .C .& B e a t. O c to b e r . . .
431
3 .8 0 2
407
4 ,2 0 0
K.
C. P i t t s . A G . . ;2 d w k N o v
2 11,92 0,315 0
6 5 7 ,1 9 2
4 5 7 ,3 9 1
K a n .C . S u b . B e l t 2 d w k N o v
4 ,9 9 7
3 0 0 . 06
5 ,1 1 7
2 4 6 ,0 7 9
K e o k u k & W e s t. 3 d w k O c t.
8 ,2 5 7
8 ,9 9 7
3 1 9 ,5 8 7
2 9 4 ,7 7 4
L . E r i e A H & S o. jO c to b e r . . .
7 .5 0 6
8 ,0 1 9
4 9 .9 0 9
6 5 .5 9 5
L. E rie & W e st J 2 d w k N ov
6 0 .0 0 1
7 1 .6 5 4 2 ,9 2 0 ,9 9 2 3 ,0 4 5 ,6 6 0
L e h ig h & H u d . . 'O c t o b e r . . .
3 4 ,2 5 8
3 2 9 .7 6 3
3 7 .2 2 7
3 6 1 ,1 7 7
L e x ’g t o n A E a s t . S e p te m b ’r.
1 3 .4 5 6
1 8 .2 5 1
1 5 2 .3 3 3
1 5 4 ,3 6 0
L o n g I s l a n d -----O c to b e r . . .
3 2 0 ,3 0 6
3 2 9 ," 6 4 3 .4 1 2 .2 6 2 3 ,5 1 3 ,8 9 0
L o s A n g . T e r m . O c to b e r . . .
5 ,0 6 9
7 7 ,3 5 3
7 ,3 3 7
1 2 9 ,1 4 0
L o u is .E v .& S t.L . 2 d w b N o v
3 0 .0 9 6
2 9 .2 » 6 1 ,3 1 4 ,1 4 1 1 ,2 7 6 , 1 2
L o n is v .& N a - d iv . 2 d w k N o v
4 4 3 .6 2 0
4 3 4 ,4 3 5 1 7 ,4 5 8 ,9 8 9 1 7 ,0 4 0 ,5 5 8
L o u is .N .A .& C h . 3 d w k S e p t
5 8 ,4 0 4
7 3 ,7 8 5 2 ,2 0 9 ,4 0 9 2 ,2 7 2 ,6 4 2
L o ii.H e n .A S tL . 1s t w k N o v
6 ,55 9
1 1 ,0 2 7
3 94, 69
3 6 8 ,9 1 7
M a c o n & B i r i n . . O c to b e r . . .
7 ,0 7 9
8 ,5 5 7
■i 9 ,8 7 9
5 9 ,2 8 4
M a n i s t i q u e ........ O c t o b e r . . .
3 ,3 8 1
1 0 8 .2 2 4
5 ,8 9 0
1 1 0 ,1 8 8
M e m p h is A O h a s . 1 s t w k N o v
2 4 .2 4 7
3 1 ,5 3 8 1 ,0 7 1 ,0 6 7 1,(. 0 0 ,7 0 3
’ M e x ic a n C e n t .. 2 d w k N o v
2 0 1 ,7 3 5
1 9 0 ,0 1 4 8 ,6 9 8 .0 1 9 8 ,1 7 3 ,6 3 3
M e x ic a n I n te r* !. S e p te in b ’r.
2 1 8 .2 0 3
1 8 8 .9 6 2 2 ,1 - 3 ,3 5 6 1 ,8 9 3 ,9 2 1
!M ex . N a tio n a l. 2 d w k N o v
9 9 .5 3 4
' 7 6 , 1 3 4 ,4 1 1 .5 9 9 3 ,8 1 8 ,1 5 1
M e x . N o r t h e r n . S e p te m b ’r .
5 1 ,3 0 6
5 8 3 ,1 4 4
5 5 ,7 3 3
5 1 8 ,6 5 3
{ M e x ic a n R ’w a y u t wk N o v
7 5 .5 1 4
5 7 ,0 4 1 2 ,7 9 3 ,7 8 0 2 ,7 7 7 ,6 0 8
M e x ic a n S o ........ 4 th w k O c t.
1 8 ,8 5 0
4 5 5 ,9 3 1
12,021
4 0 3 ,0 2 3
5 ,2 '8
M id d le G a . A A t L S **ptcm b’r.
1 0 ,3 5 5
M i n u e a p .& S t.L . 2 d w k N o v
3 8 ,4 8 4
4 7 .1 5 6 1 .7 3 9 ,2 5 3 1 ,7 2 0 ,9 1 4
M.
S t. P .A S .S t.M . 1 s t w k N o v
6191,68 1.565 0 3 .1 6 2 ,9 7 3 2 ,5 3 9 ,1 8 5
M o. K a n . jz T e x . 2 d w k N o v
2 8 9 ,6 9 0 2 2 5 ,9 1 4 1 0 ,0 2 1 ,1 6 4 9 ,5 7 9 ,6 7 7
M o .P a c .& I r o u M 2 d w k N o v
4 3 5 ,0 0 0 4 6 3 .0 0 0 1 3 .7 9 9 .0 0 0 1 9 ,4 1 7 ,9 4 9
C e n t r a l B r ’o h . 2 d w k N o v
1 7 .0 0 o
6 5 6 .0 0 0
1 3 ,0 0 0
5 0 2 ,4 7 6
4 7 6 .0 0 0 1 9 .4 5 5 .0 0 0 1 9 ,9 2 0 .4 2 5
T o t a l .............. 2 d w k N o v
4 5 2 .0 0 0
M o b ile A B lr m .. i g t w k N o v j
7 ,4 1 7
2 7 2 ,6 2 3
5 ,6 6 3
2 3 6 ,6 2 8
3 8 1 ,0 0 3 2 ,9 8 1 ,8 2 2 2 ,7 4 7 ,4 9 9
M o b ile & O h io ..! O c to b e r . .. ( 3 9 7 ,1 6 3
M o n t.A M e x .G if S e p te m b ’r.
7 5 ,2 7 3
8 3 1 ,0 6 5
1 0 8 ,7 7 7
9 2 3 ,o 2 8
N a s h .C h . A S t. L O c to b e r . . .
4 7 3 ,6 4 1
4 7 0 .8 1 4 4 ,1 6 7 ,2 4 6 3 ,9 2 1 ,8 7 1
N e v a d a C e n t r a l, s e p t e i n b ’r .
5 ,1 8 2
26 238
3 .2 9 8
2 0 ,9 8 0
N . Y . C . A LI. R . O c to b e r . .. 4 ,1 4 8 ,0 7 8 4 ,1 8 5 .3 0 3 3 6 .5 5 4 ’,5 4 2 3 6 ,1 1 6 ,2 9 4
N . Y . O u t. A W . . 2 d w k N o v
8 0 ,5 0 6
8 3 ,9 6 6 3 ,3 7 2 ,6 6 2 3 ,2 3 2 ,5 9 2
1 8 3 ,0 6 5 1 ,6 2 5 ,0 2 3 1 ,6 4 1 ,5 4 0
N . Y . S u s q . A W . . S e p t e m b ’r .
2 1 4 ,1 6 2
2 5 0 ,4 9 7 9 ,5 7 7 ,1 6 2 8 ,1 9 1 ,1 0 6
N o r f o lk A W e st. 2 d w k N o v
2 5 2 ,2 2 8
4 ,0 0 2
4 3 .7 3 7
N o r t h e s ’n (G a .) S e p te m b ’r.t
6 ,3 4 0
3 6 ,0 7 3
N o r t h ’n C e n t r a l S e p t e m b ’r.
5 9 4 .1 4 8
5 8 6 ,3 7 9 4 ,5 5 9 .3 3 5 4 ,7 o 6 ,6 4 7
N o r t h ’n P a c i f ic . i a t w b N o v
4 6 2 ,9 4 3
5 8 9 ,9 2 0 1 6 ,1 3 6 ,4 0 5 1 5 ,9 8 4 ,1 4 1
O c o n e e A W e st. S e p te m b ’r.
3 .5 2 8
1 9 ,7 6 2
3 .1 2 7
2 5 .7 9 4
2 1 ,3 2 6
8 4 9 ,5 9 0
O h io R i v e r .......... 2 d w k N o v
1 8 .2 7 9
7< 0 ,8 6 9
1 8 .9 8 1
1 5 2 .1 4 9
1 5 0 ,0 0 9
O h io R iv .A C h a s O c to b e r . . .
2 0 ,2 1 4
O h io S o u t h e r n . . ( O c t o b e r . . .
6 9 ,0 2 8
8 2 .8 5 1
6 1 L.7 5 0
6 1 7 .8 4 3
O r e g o n I m p . C o. S e p te in b ’r .
2 6 0 .8 6 0
2 7 0 ,5 1 7 2 ,4 4 3 ,1 8 0 2 ,4 0 9 ,9 4 6
5
2
4
,1
2
0
...............
O r e g .tt y . A N a v . O c t o b e r . . .
6 7 3 ,5 8 9
3 2 4 .0 2 6 2 ,9 1 8 ,4 6 5 3 .5 7 8 .5 8 4
P a c if ic M a ll........ S e p te m b ’r.
3 0 7 .5 0 5
P e n n s y l v a n i a . 5. S e p t e m b ’r. 5 ,1 7 6 ,3 3 9 5 .7 8 6 .5 3 9 4 6 ,0 6 1 ,1 7 0 4 6 ,8 4 6 ,6 7 0
P e o ria D ec. A E v. 2 d wk N o v
1 5 ,8 7 2
7 9 L .8 2 2
1 7 .8 4 9
7 4 4 .5 4 1
P e t e r s b u r g .......... !S e p te m b ’r.
39, 96
4 4 ,3 3 1
4 2 0 ,6 1 9
406 392
4 1 7 ,0 u 7 3 .1 5 7 ,0 2 0 3 ,1 0 3 ,3 2 2
P liila . A E r i e . . . . S e p te m b ’r.
4 4 7 .9 5 2
P h tla . A R e a d . , s e p t e i n b ’r . 1 .8 0 1 ,8 5 4 1 ,9 3 1 .5 6 2 1 4 .8 2 5 .5 9 5 1 5 .4 5 6 ,7 0 0
C o a l A I r . C o . . S e p te m b T . 2 ,1 7 1 ,4 1 1 2 .3 4 5 .2 6 0 ,1 6 .1 6 8 ,8 3 2 1 6 ,6 4 7 6 3 3
T o t. b o th C o’s. S e p te in b ’r. 3 .9 7 3 ,2 6 5 4 ,2 7 6 .8 2 2 3 0 ,9 9 4 .4 2 7 3 2 .1 0 4 3 3 3
5 1 3 ,4 6 4
P h . R e a d . A N . E . I s e p t e m b ’r.
6 5 ,4 6 5
7 0 ,3 1 3
5 6 3 ,3 0 1
P ltts .C .C . A S t. L. O c to b e r . .. 1 ,2 1 1 ,3 5 2 1 ,5 5 0 ,9 8 7 1 2 ,0 6 4 ,8 8 4 1 2 ,6 7 8 , l o 7
P itt s .L ls b .A W ’n O c to b e r . ..
3 6 .2 9 3
3 0 ,2 1 6
4.2301
4 .5 6 3
P itts . Sh. A L . E . 2 d w k N o v
5 4 0 ,1 8 3
5 5 4 ,? 3 0
1 1 ,6 3 7
1 2 ,5 0 4
P i t t s b . a W ea’n . 2 d w k N o v
3 3 .4 3 2 1 ,4 5 3 ,7 3 7 1 ,5 0 4 ,4 2 7
3 0 ,3 5 9
P i t t a . C i. A T o l. '2 d w k N o v
7 8 5 .4 5 7
16 492
6 5 1 .7 7 9
1 3 ,0 9 1
P itts . P a. A F . 2d w k N ov
7 ,0 1 5
8 ,8 4 3
3 1 0 ,3 9 9
3 4 5 .0 7 8
5 6 .9 3 9 2 ,4 9 2 ,3 3 4 2 ,0 6 8 .6 2 0
T o ta l s y s te m .. 2d w k N o v
5 2 .2 9 3
P i t t Y o u n g .A A . O c to b e r . . .
1 9 0 .5 3 9 1 ,2 1 5 ,2 4 6 1 ,4 7 8 .2 4 9
1 1 3 ,3 2 5
G n in c y O .w K .C . O c t o b e r . ..
2 5 ,7 8 2
2 7 .0 3 4
2 4 8 ,9 2 2
2 1 5 ,6 3 7
R i c h . F r ’k s b A P . S e p te m b ’r.
5 0 ,4 5 4
5 5 1 ,5 9 9
5 5 ,0 5 9
5 3 9 , 0 06
R ic h . A P e t e r s b . s e p t e m b ’r.
2 5 4 .9 1 9
28 243
2 4 ,6 5 3
2 6 0 ,3 0 5
1 1 ,1 5 4
8 ,8 6 4
K lo G r . S o u tU ’n . 2 d w k N o v
3 7 2 ,3 9 2
3 9 4 .3 0 8
2
,0
7
0
,3
2
4
R io G r* d e W e s t. 2 d w k N o v
4 9 ,7 0 0
5 2 .7 6 0
2 ,0 6 6 ,9 8 8
S a g . T u s c o l a A I I . S e p te m b ’r .
8 5 ,3 4 1
1 1 .3 5 3
1 1 ,1 8 7
8 2 ,1 4 9
S t . L . K e u ’e tA S o . O c to b e r . ..
8 .1 3 0
3 .5 4 6
S L L .& S a n F r a n . S e p te m b ’r.
5 3 9 .3 5 8 4 ,5 0 1 ,9 6 6 4 ,3 1 3 ,0 7 6
5 5 4 ,0 8 6
S t-L . S o u th w e s t 2 d w k N o v
1 1 6 ,3 ‘t0 4 0 7 0 ,6 1 8 4 ,2 8 3 ,6 6 5
1 1 1 .8 0 0
S t. P a u l A D u i. . O c to b e r . ..
2 1 2 .3 8 7 1 ,2 7 4 .0 1 8 1 ,2 8 4 6 9 8
2 0 8 .0 9 5
S a n A n t. A A . P . S e p te m b T .
2 2 3 ,4 4 1 1 ,4 1 0 ,4 7 8 1 ,3 9 6 ,1 7 8
2 4 7 ,9 7 3
S a n F r a n . A N .P . O c to b e r. ..
6 3 4 ,9 8 6
6 9 5 ,8 2 4
8 2 ,6 8 3
7 3 ,1 8 4
S a v . F l a . A W e s t 'S e p te m b ’r.
2 6 0 1 2 4 2 5 0 2 ,1 2 7 2 .4 8 3 ,4 8 9
2 7 4 .3 1 1
2 3 3 ,4 1 7
2 7 1 ,3 5 5
8 h e r .S h r e v .A S o . 4 th w k O c t.
1 6 .8 5 1
1 5 ,0 2 9
S e a b ’r d A ir L l n e ( s e p t e m b ’r.
2 5 6 ,7 3 6
3 3 4 ,8 7 6
ill. trpCS. O. A G. S e p te m b ’r.
1 3 9 ,5 3 4
1 4 4 ,6 4 7
1 5 ,7 7 7
1 0 ,5 2 2
Silverton......... O c to b e r. ..
10 493
5 .0 0 6
S o. 11a v e u A E a s t O c t o b e r . . .
2 3 ,2 0 5
1 ,9 0 4
17,i02
2 ,6 9 5
S o. P a c if ic C o .—
G a l.H a r .A 8.A A u g u s t —
3 8 7 .8 5 4 3 ,1 6 9 ,1 7 5 2 ,9 2 0 ,1 1 7
4 3 1 .6 5 0
5 6 7 .5 3 2
L o u i s ’a . W e s t. A u g u s t . . . .
6 8 0 ,2 1 0
7 4 ,3 4 9
7 0 ,8 7 7
M o r g a n ’sL A T . A u g u s t ___
4 2 5 ,8 3 7 2 ,9 8 4 1 4 9 3 ,5 6 9 ,3 9 7
3 5 4 ,0 8 0
N .Y .T . A M e x . A u g u s t . . . .
1
4
4
,0
5
4
1
9
.3
5
4
1 4 7 ,8 3 6
3 3 ,5 2 9
T e x . A N . O r l.. A u g u s t ----8 5 8 ,0 0 8 1 ,0 5 3 ,3 3 7
1 3 4 ,5 9 0
1 1 7 ,9 6 7
A tL P r o p ’t e s . 5 A u g u - t ___ /1 3 2 6 0 2 7 / 1 3 3 4 6 1 1 f 9 .8 6 8 ,4 8 3 f 1 0 7 9 0 3 6 1
P a c i f ic s y s t e m 1A
g u s t ___ ________
2 ,8 2 9 .2 4 9 3,i 83 266 2 0 3 1 8 ,7 1 7 2 0 ,7 1 3 .6 5 1
__uD_____
T o t a l o f aLl.e S e p te m b ’r . 4 4 7 0 ,8 0 7 1 4 ,4 8 1 .7 3 2 3 4 .6 5 8 ,2 5 5 3 5 ,9 8 5 7 4 7
9 9 0 ,9 6 4 6 ,4 9 9 ,6 0 4 6 ,7 1 8 ,5 9 6
S o . P a c . o f C aL A u g u s t . . . 8 5 8 ,2 6 5
S o .P a c .o f A r iz . A u g u s t ___
1 5 0 ,3 6 0
l b l . 4 8 2 1 ,4 6 6 ,1 5 4 1 ,4 3 7 .9 1 6
693 916
7 4 3 .9 1 5
S o .P a c .o r N .M . A u g u s t ___
80 666
8 5 .5 9 3
N o r t h e r n R y . . A u g u s t ___
2 1 9 ,7 1 2
2 0 7 ,2 9 1 1,38*2.897 1 ,2 4 4 .6 1 1
4 3 0 ,9 8 2 1 5 ,9 5 7 .7 6 5 1 5 ,9 6 3 .5 8 0
S o u t h e r n R y ----- *2 d w k N o v
408,769
1 9 5 ,9 6 6
3 1 2 .9 0 6
S p o k .F ’ls A N o r . S e p te m b T .
3 9 ,4 4 5
2 7 .5 9 4
8 1 0 ,5 1 3
-810 4 7 9
S t a t e n i. R a p . T r . A u g u s t ___
1 4 7 ,4 3 7
1 5 3 ,0 2 0
3 6 ,7 0 1
3
5
.2
2
4
4
,4
5
7
S to n y C l. A C .M t. s e p t e m b ’r.
4 .3 5 2
8 5 7 ,4 1 5
6 9 4 ,7 4 7
9 8 ,7 6 4
S u m m i t B r a n c h . S e p te m b ’r .
7 8 ,1 0 4
5
1 4 .0 3 6
6
3
0
0
8
7
60, i 90
L y k . V al. C o a l.( S e p te m b T .
70 662
1 6 4 / 5 4 1 ,3 3 0 ,8 3 4 1 ,3 7 1 ,4 5 1
T o t’l b o th G o’s ; s e p t e m b ’r .
1 4 8 ,8 2 6
2
1
1
,8
6
4
1
3
,2
8
0
2
2 0 ,4 5 7
T e x a s C e n t r a l . . 3 d w k O c t,
1 1 ,2 b 2
1 7 4 4 8 1 5 ,4 8 4 ,7 5 3 5 .0 8 5 ,5 9 0
T e x a s A P a c i f ic . 2d w k N o v
1 0 0 .9 8 5
3 ,4 5 0
T e x . S. V. A N . W .'O c to b e r . . .
3 ,9 5 4
1,525,83*4 1,581*, 1 9 8
4 0 ,5 9 '
T o i .A O h lo C e n t. 2 d w k N o v
4 1 ,2 4 0
8 1 7 ,8 1 4
8 3 8 ,7 6 3
2 0 .8 2 2
T o L P . A W e s t.. 11 s t w k N o v
1 5 ,3 2 0
4 0 ,3 3 8 1,866 866 1 ,6 1 9 ,8 6 8
POL S t. L .A K . 0 . 2 d w k N o v
4 8 ,7 1 7
3 1 3 .0 0 2
3 1 9 .1 5 3
U ls te r A D e la w . iS e p te ip b T .
U n io n P a c i f ic — |
U n . P a c . R R . . S e p te m b ’r . 1 ,4 2 3 ,2 3 2 1 ,3 6 8 ,5 3 3 1 0 ,1 4 9 ,2 7 3 1 0 ,1 8 4 ,6 4 0
4 ,0 0 0 ,7 9 .5 2 7 ,6 0
3 ,8 0 9 ,5 7 1
O r. S .L .A U . N . S e p te m b T j 4 8 .^ 1 7 8
4 3 6 ,3 9 5
4 8 u ,3 0 3
6 0 ,0 2 9
S t.J o s .A O d .l8 . S e p te m b ’r.
0 9 ,4 4 5
4 9 ,6 5 1
7 5 .0 3 8
6 ,8 2 9
K a n .C .A O m . S e p te m b T .!
1 2 ,5 0 4

916
Roads.
U n .P a o —(Con.)
T o t .S t .J .& G .I u e n t . B r ........... o
A o h .C o l.& P . (
A c h .J .C .A W S
C e n .B r .& L ’d L .
G r ’d to ta l.* *
U . P a o . D . A G . ..
W a b a s h --------W a c o 4; N o r t h s
W. J e r s e y A S e a ’e
W .V .C e n .& P l tu
W e s t V a .A P i t t s
W e s t e r n o f A la .
W e s t.N .Y . & P a
W h e e l. & L . Erl*
W is c o n s in C e n t
W r i g h ta v .& T e n
Y o rk S o u th e rn .

THE CHRONICLE.
Latest Gross E arnings
Weekor Mo

1896.

1895.

*
4 t h w k O o t.
2d w k N ov

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

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

Jan. 1 to Latest Date.
1896.

Is* week o f November.

1895.

*
6 1 2 .3 6 3
6 5 6 ,8 6 3

S e p te m b ’r.
2 5 .0 2 9
3 1 ,7 0 8
2 3 4 ,1 1 6
S e p t e m b ’r.
6 8 ,5 1 9
5 4 1 ,3 8 3
5 3 ,9 0 4
S e p te m b ’r . 2 1 8 6 ,0 4 6 2 ,1 3 7 .6 2 5 1 6 ,2 6 1 ,6 0 8
S e p te m b ’r.
2 5 4 ,8 2 3 2 ,1 7 0 .8 0 8
2 5 7 ,9 4 1
2 4 4 .6 5 2 1 0 ,5 1 4 ,8 0 2
2 2 4 ,4 5 4
2d wk N ov
3 7 ,1 6 1
^ e p t e m b ’r.
1 7 4 ,2 0 8
3 8 ,2 4
S e p te m b ’r.
2 5 0 ,4 7 9
2 2 1 .8 7 4
O c to b e r. . .
1 0 1 ,2 >4 1 0 7 ,3 0 9
J u l y ............
3 1 ,3 7 1
2 2 3 ,2 0 8
3 5 ,3 2 6
6 0 .0 5 0
5 2 ,5 5 0
S e p t e m b ’r.
4 0 1 ,8 6 1
5 7 ,5 0 0
1st w k N ov
7 0 ,5 0 0 2 ,6 0 1 ,6 3 7
2d w k N ov
2 9 ,9 5 0 1 ,1 5 2 ,6 5
2 4 ,4 7 5
8 0 ,- 9 2
2d w k N ov
8 3 ,2 1 2 3 ,7 8 0 ,4 7 0
7 6 ,4 6 2
9 ,7 2 4
1 0 .3 9 4
O c to b e r . . .
5 ,9 9 4
6 ,7 2 1
S e p te m b ’r.

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

w F i g u r e s g iv e n d o n o t i n o l u d e O r e g o n R y . & N a v ., U n . P a o . D e n v e r A
G o lf , D e n v e r L e a d v ll le & G u n n i s o n , M o n t a n a U n i o n a n d L e a v e n w o r t h
T o p e k a & S o u t h w e s t e r n , a T h e s e f ig u r e s i n c l u d e r e s u l t s o n e a s e d l i n e s
b I n c l u d e s e a r n i n g s f r o m f e r r i e s , e t c . , n o t g i v e n s e p a r a t e l y . 1 M e x i­
c a n c n rre n c v . c I n c lu d e s o n ly h a l f o f lin e s in w h ic h U n io n P a c ific h a s
a h a lf in te re s t.
d I n c l u d e s o p e r a t i o n s o f t h e O h io . B u r l i n g t o n & N o r t h e r n i n b o t h
y e a rs .
$ C o v e rs r e s u lts f o r lin e s d ir e c tly o p e r a t e d e a s t o f P itt s b u r g .
e I n c l u d e s r e s u l t s o n a f f i lia t e d l i n e s .
/ C o v e r s b e s id e s t h e A tl a n t i c S y s t e m t h e H o u s t o n & T e x a s C e n t r a l ,
A u s t i n & 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 o r G h w e s te rn a n d F t. W o r th
A N e w O r le a n s .

K a n . C it y F t . 8 . A M e m .
K a n . C. M em . & B i r i n ___
L o u is v ille H e n d . A S t. L ..
M em D U is & C h a r l e s t o n . .
M e x ic a n R a i l w a y ...............
VUnn. S t. P . & 8 . 8 . M . . . .
N o r th e r n P a c i f i c .................
P itts . S h e n . & L. E rie . . .
R io G r a n d e S o u t h e r n . . . .
T o le d o P e o r i a & W e s t’n ..
'V e st. N . Y . A P e n n s y l v
W h e e lin g A L a k e E r i e . . .
T o t a l {77 r o a d s . — . . .
^ e t d e WAHkB 116*74 n o.

[V ol . LXIII,
1896.

1895.

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

$
9 1 ,2 0 6
3 1 ,1 2 6
1 1 .0 2 7
3 1 ,5 3 8
5 7 ,0 41
1 1 8 .5 5 0
5 8 9 ,9 >0
1 1 .3 0 6
1 0 ,3 6
2 0 ,8 2 2
7 0 ,5 0 >
2 8 ,7 5 5

6 ,6 3 5 ,9 3 6

...

7 ,9 6 9 ,5 8 9

........

Inertia* .

HC.

s
2 2 ,1 8 8
7 ,7 0 8
4 .4 6 8
7 ,2 9 1
1 8 ,4 7 3
4 3 ,9 3 4
1 2 6 ,9 7 7
33 -

. ... ...
9 5 ,8 2 3

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

Net Earuiiiga Monthly to Latest Dates.—The following
shows the gross and net earnings to latest dates of all S t e a m
railroads furnishing monthly statements. The compilation
includes every road from which we can get returns of this
character and in that form is given once a month. Early re­
turns are published from week to week, as soon as issued, but
for the convenience of our readers all the roads making re­
turns aj e brought together here in the week in which we pub­
lish ouj monthly article on net earnings—say on or about the
20th of the month. Besides the roads furnishing monthly
returns, we have added this time the roads which make quar­
terly returns.
The returns o f the street railways we give by themselves

Latest Gross Earnings by Weeks.—The latest weekly earn­ under a separate head at the extreme end o f these tabulations
—see page 919.
ings in the foregoing are separately summed up as follows :
For the second week o f November our preliminary statement
----- dross earn in gs. ------, ------- Net E a rn in g s . -----1896
1895
1896.
1895.
oovers 50 roads, and shows 5'15 per cent lo3S in the aggregate
Roads.
$
$
*
*
over the same week last year.
A d i r o n d a c k ..................S e p t.
2 0 ,8 9 4
1 8 ,4 2 3
6 ,3 8 9
2 d week o f November.

1896.

1895.

9
A l a b a m a G t. S o u t h e r n . . .
A t l a n t i c & D a n v i l l e .........
B a l t , tst O h io S o u t h w e s t ..
B u ffa lo R o e h . & P i t t s b ’g .
C h ic a g o & E a s t . I l l i n o i s .
O h io a e o G r e a t W e s t e r n . .
O h lo a g o M ilw . A 8 t. P a u l.
O ln . J a o fc so n & M a c k in a w
D e n v e r & R io G r a n d e —
f iv a n s v . A In d ia n a p o lis .
E v a n sv . A T e rre H a u te ..
G ra n d R a p id s A I n d ia n a .
C i n c i n n a t i R . A F t . W -.
M u sk . G r. R ap . & I n d .
G ran d T ru n k of C an a d a.
I n t e r n ’l A G t. N o r t h ’n . . .
K a n a w h a & M ic h i g a n ----K a n . C it y P i t t s b . * G u l l .
K a n . C it y S u b u r b . B e l t . . .
L o u ls v . E v a n s v . A S t. L .
L o u is v ille & N a s h v i l l e . . .
M e x ic a n C e n t r a l .................
M e x ic a n N a t i o n a l ..............
M in n e a p o lis & S t. L o u i s .
M o. K a n s a s & T e x a s .........
Mo. F a o if io A I r . i M t ___
N e w Y o r k O n t. A W e s t’n .
P ltts b . S h en . & L. E r ie ..
P e o r i a D e o . & E v a n s v . ..
R io G r a n d e S o u v h e m —
S t. L o u i s S o u t h w e s t e r n . .
T o le d o A O h io C e n t r a l . . .
T o l. S t. L . & K a n . C i t y ...
W h e e lin g & L a k e E r i e . . .
W is c o n s in C e n t r a l -------T o t a l (5 0 r o a d s ) ...............
N e t d e c r e a s e f5 ’1 5 p . 0.1.

3 2 .6 7 1
2 L .8 1 7
1 4 ,0 9 3
1 1 1 ,1 7 0
7 8 ,3 6 3
4 7 6 ,0 0 0
2 0 4 ,5 0 0
8 2 .3 3 9
7 8 ,6 2 6
6 3 8 ,5 1 5
1 3 ,3 5 4
1 3 7 ,5 0 0
5 ,6 3 3
2 0 ,7 2 0
2 0 ,0 6 9
3 2 ,5 3 4
6 ,3 7 4
479
1 ,8 3 8
4 0 5 .4 8 8
8 6 ,5 1 5
3 3 ,2 6 2
7 ,8 9 1
2 1 ,9 0 1
4 ,9 9 7
6 0 .0 0 1
3 0 ,0 9 6
4 4 3 ,6 2 0
2 0 1 .7 3 5
9 9 ,5 3 4
3 8 ,4 8 4
2 8 9 .6 9 0
4 4 5 ,0 0 0
1 7 ,0 0 0
8 0 ,5 0 6
2 5 2 ,2 2 8
1 8 ,2 7 9
1 1 ,6 3 7
1 5 ,8 7 2
5 2 ,2 9 3
8 ,8 6 4
5 2 ,7 6 0
1 1 1 ,8 0 0
4 0 8 .7 6 9
1 6 6 ,9 8 5
4 1 ,2 4 0
4 8 ,7 1 7
2 2 4 ,4 5 4
24 ,4 .7 5
8 0 ,8 9 2
5 ,7 5 1 ,6 3 7
...

*
4 4 ,8 9 7
2 1 ,0 5 5
1 2 ,7 5 8
1 2 1 ,9 8 7
7 0 ,1 2 1
5 ’8 .0 0 0
2 2 0 ,7 8 4
9 1 ,0 4 9
9 0 .3 17
8 5 2 ,5 6 9
1 4 ,7 7 4
1 6 4 .4 0 0
5 ,4 0 8
2 4 ,6 9 1
1 1 ,8 4 6
3 8 ,0 5 6
8 ,3 7 4
649
1 .7 3 1
3 9 5 ,4 2 9
7 9 ,3 8 9
4 2 ,0 5 9
1 0 ,7 4 1
1 2 ,3 5 0
5 ,1 1 7
7 1 ,6 5 4
2 3 ,2 4 6
4 3 4 ,4 3 5
1 9 0 ,0 1 4
7 6 .1 7 3
4 7 ,1 5 6
2 2 5 ,9 1 4
4 6 3 ,0 0 0
1 3 ,0 0 0
8 3 ,9 6 6
2 5 0 ,1 9 7
2 1 ,3 2 6
1 2 ,5 0 4
1 7 ,8 4 9
5 6 ,9 3 9
1 1 ,1 5 4
4 9 ,7 0 0
1 1 6 ,3 0 0
4 3 0 ,9 8 2
1 7 4 ,4 8 1
4 0 ,5 9 0
4 0 ,3 3 6
2 4 4 ,6 5 2
2 9 ,9 5 i
8 3 ,2 1 2
6 ,0 6 4 ,1 8 3

Increase.

Decrease.
9

9

1 2 ,2 2 6
762
1 ,3 3 2
1 0 ,8 1 7
8 ,2 4 2
3 2 ,0 0 0
1 6 ,2 8 4
8 ,7 1 0
1 1 ,6 9 1
2 1 4 ,0 5 4
1 ,4 2 0
2 6 ,9 0 0
285

,

3 ,9 7 1

8 ,2 2 3
5 ,5 2 2
2 ,0 0 0
170
107
1 0 ,0 5 9
6 ,5 2 6
8 ,7 9 7
2 ,8 5 0
9 ,5 5 1
120
1 1 ,6 5 3
850
9 ,1 8 5
1 1 ,7 2 1
2 3 ,3 6 1
8 ,6 7 2
6 3 ,7 7 6
2 8 ,0 0 0
4 ,0 0 0
3 ,4 6 0
i ,7 3 1
3 ,0 4 7
867
1 ,9 7 7
4 .6 4 6
2 ,2 9 0
3 ,0 6 0
4 .5 0 0
2 2 ,2 1 3
7 ,4 9 6
650
3 ,3 7 9
2 0 ,1 9 8
5 ,4 7 5
2 ,3 2 0
1 7 1 ,8 0 0

--

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

For the fir-1 week of November our final statement covers
77 roads, and shows 16-74 per cent loss in the aggregate.
1*4 week o f November.
P r e v ’l y r e p o r t e d (4 6 F d s )
B u r l. C e d . R a p . & N o r t h .
O h lo a g o G r e a t W e s t e r n ..
C h ic . & W e s t M l o h l g a n .. .
C le v e . C a n t o n A S o u th ’n
O le v . C in . O h io . <ft S t. L . .
C le v . L o r a i n A W h e e lin g
D e t r o i t L a n B ’g & N o r t h ’n
D u lu th 8 o . S h o re A A tl..
F iln t A P e re M a rq u e tte .
F l a . C e n t. & P e n i n s u l a r .
G ra n d T ru n k o f C a n a d a .
C h ic . A G r . T r u n k . . . . . .
D e t. G r. H a v e n A M il..
C in . S a g . & M a c k i n a c ...
T o l. 8 a g . A M u s k e g o n ..
I n d i a n a D e c a t u r * W e s t.
I n t e r o c e a n i o ( M e x .) .-------

1896.

1895.

Increase.

9

9

9

5 ,0 3 1 ,0 2 4
9 ,6 2 4
75^603
7 2 ,0 3 8
2 3 ,2 6 7
1 3 ,5 3 9
2 1 7 ,8 7 9
1 7 ,7 2 7
1 7 ,7 1 1
2 4 ,1 7 6
1 ,4 9 6
4 0 ,6 0 3
3 3 ,5 7 0
3 2 ,1 4 3

5 ,9 7 1 ,7 0 7
1 2 ,9 2 5
130^330
9 8 ,6 8 0
3 2 ,1 8 1
1 4 .6 7 6
2 8 8 .6 3 2
3 7 ,4 8 7
2 2 ,4 8 8
3 3 ,6 7 0
2 ,6 8 2
4 8 ,3 1 8
3 8 ,5 0 3
3 5 ,3 0 2

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

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

7 1 ,0 0 1

. . . . ____

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

67
3 ,1 5 9
3 ,0 5 2

_______

.... ...

2 ,4 9 9
681
202
5 ,0 9 5

2 ,8 9 2

8 ,1 2 5
J a n . 1 to S e p t. 3 0 ___
1 4 9 ,6 4 0
1 4 9 ,6 3 7
4 6 ,4 9 7
5 0 ,9 7 3
A d d is o u A P e n n s y l v ’a 1 3 ,0 2 6
3 ,1 8 2
J u l y » t o S e p t. 3 0 . . .
1 9 ,9 0 3
5 ,8 5 8
3 4 ,0 9 0
5 3 ,6 1 2
J a n . 1 to S e p t. 3 J . . .
4 .5 5 8
1 1 ,6 5 2
1 3 6 ,6 2 0
1 4 2 .7 3 3
A la b a m a G t S o u t b a . S e p t .
5 4 ,6 9 0
5 4 ,3 4 5
2 4 3 ,6 4 9
J a n . 1 to S e p t. 3 0 . . .. 1 ,0 5 6 ,8 4 2 1 ,1 0 4 ,7 8 6
3 0 4 ,4 4 1
3 8 4 ,1 3 9
J u l y 1 t o S e p t. 3 0 . . . ,
4 0 6 ,6 1 4
1 2 6 ,5 1 7
1 3 8 ,0 3 8
6 2 ,6 25
A l a b a m a M i d l a n d - ..S e
5 1 ,0 3 8
1 7 ,7 7 1
1 0 ,2 1 4
4 5 8 ,5 3 3
3 8 6 .1 1 3
J a n . 1 to S e p t. 3 0 .
5 5 ,5 7 7
9 ,4 3 0
1 5 4 ,3 9 7
1 4 8 ,3 9 3
1 8 ,1 2 3
J u l y 1 to S e p t. 3 0 . .
1 8 ,6 7 L
1 9 1 ,1 5 4
2 3 1 ,6 0 2
A l le g h e n y V a lle y ... 8 e p t ..
6 2 ,1 3 1
9 6 ,6 8 9
6 1 8 ,4 4 9
J a n . 1 t o 3 6 p t. 3 0 . . . . 1 ,7 5 9 ,8 8 8 1 ,8 6 4 ,1 6 9
7 4 8 ,2 7 2
8 ,7 2 6
A r k a n s a s M id la n d ..S e p t.
1 1 ,6 8 1
3 ,9 4 3
7 ,0 4 2
6 5 ,0 2 0
6 8 ,4 7 3
2 ,3 1 4
J a u . 1 to S e p t. 3 0 . . .
2 4 ,7 1 0
2 ,7 0 5 ,7 1 3 2 ,3 ) 8 , 2 1 0
8 4 7 ,7 8 1
3 3 8 ,6 9 4
2 0 ,9 4 0 ,4 3 5 2 0 ,2 5 5 ,2 3 5 5 ,5 1 7 ,5 7 0 3 ,2 8 4 ,5 9 3
, 7 ,3 5 0 ,2 0 1 6 ,8 0 2 ,5 0 9 2 ,0 8 3 ,7 2 3
9 3 5 ,4 5 3
5 1 ,5 0 4
A tla n ta A W . P o in t.S e p t
4 5 ,0 5 7
2 5 ,3 92
1 8 ,4 5 5
J a n . 1 t o S e p t. 3 0 . . . .
3 7 1 ,9 3 3
3 2 7 .7 7 8
1 3 4 ,1 3 1
1 1 8 ,7 9 1
J u l y 1 t o S e p t. 3 0 ___
1 3 0 ,9 L6
1 1 3 ,3 4 7
4 5 ,4 4 1
3 6 ,5 2 2
4 9 ,0 3 7
1 1 ,8 1 2
1 1 ,1 4 2
4 5 ,9 3 8
i l a n tl o A D a n v ille .S i
,
3 9 8 ,7 1 5
4 0 2 ,1 6 5
8 4 ,9 7 9
J a n . 1 t o S e p t. 3 0
9 1 ,5 0 4
1 3 0 ,4 6 1
1 3 8 ,8 9 9
3 i,4 L 7
3 0 ,2 8 9
J u l y 1 to S e p t 3 0 ----2 7 3 ,0 3 1
d e f .5 ,1 3 9
2 4 7 ,2 7 7
4 9 ,0 7 1
A tla n tic A P a c if ic ...8 e p t.
5 2 9 .9 1 9
2 0 0 .2 78
J a n . 1 t o S e p t. 3 0 ___ , 2 ,6 1 4 ,8 7 0 2 ,6 3 6 ,6 2 2
7 ,1 5 1
7 3 1 ,3 7 3
8 2 4 .0 8 3
1 4 6 ,3 1 6
J u l y 1 t o S e p t. 3 0 ----5 .5 3 2
9 ,9 1 3
7 , L04
3 ,9 79
A u g u sta S o u th e r n ...S p p t.
1 8 ,7 0 4
5 4 ,4 0 7
3 7 ,1 2 8
6 ,7 3 5
J a n . 1 t o S e p ':. 3 0 . . . .
7 ,6 9 9
8 ,0 57
2 1 ,9 7 2
2 1 ,6 6 9
A u s t i n & N o r th w . . . A u g .
4 6 ,7 1 4
4 9 ,6 0 2
1 6 3 ,1 7 0
1 5 7 ,2 3 9
J a n . 1 to A u g . 3 1 —
6 6 3 ,5 6 2
7 2 5 ,3 9 7
B a l t i m o r e A O h io . S e p t., 2 ,2 9 2 .9 3 1 2 ,1 3 2 ,5 0 6
J u l y 1 t o S e p t. 3 0 . . . . , 6 ,7 7 9 ,5 8 3 6 ,3 1 7 ,8 0 1 1 ,8 4 2 ,4 8 4 2 , 0 6 6 ,2 32
6 1 8 ,5 7 0
1 6 6 ,8 0 2
2 5 5 ,9 6 6
5 1 5 ,3 3 9
B a l t.O h io A 8 o u th w .S e p t.
4 ,4 9 7 ,7 9 2 4 ,7 2 7 ,3 0 4 1 ,3 3 2 ,3 1 4 1 ,6 9 5 ,5 0 4
J a n . 1 t o S e p t. 3 0 —
4 5 9 .8 9 3
6 7 2 ,4 8 3
J u l y 1 t o S e p t. 3 0 . . . , 1 ,5 3 1 ,6 3 6 1 ,7 3 0 ,0 3 6
1 8 ,8 1 6
6 3 ,5 3 2
7 3 ,0 4 1
3 3 ,5 6 1
B a n g o r A A r o o s t o o k S e p t.
1 6 7 ,4 1 2
5 1 6 ,4 6 2
1 9 4 ,5 1 4
5 3 6 ,6 8 1
J a n . I t o S e p t. 3 0 .
2 ,8 1 2
4 ,3 8 8
4 ,0 6 3
2 ,6 0 0
B a t h A H a m m o n d s .S e p t.
1 9 ,0 9 2
1 9 ,5 8 6
•4,623
7 ,9 1 1
J a n . 1 t o S e p t. 3 0 . . .
B e n n in g to n A R u tla n d —
3 0 ,6 3 4
6 4 ,1 1 3
6 7 ,8 5 0
1 3 ,1 6 0
J u ly 1 to S e p t. 3 0 . . . ,
1 7 6 ,1 9 2
1 6 8 ,0 2 9
4 7 ,4 5 0
3 5 ,2 4 7
J a n . 1 to S e p t. 3 0 . . . .
32 7
2 ,5 3 3
1 ,0 9 3
2 .4 2 7
B ir in . A A t l a n t i c , b . S e p t .
d e f . 1 ,7 6 7
423
1 6 ,5 3 4
1 4 ,6 9 0
J a n . 1 to 8 e p t . 3 0 .
707
6 ,5 8 7
2 ,0 4 0
6 , L31
J u l y 1 t o S e p t. 3 0 . . . .
B o s t o n A A l b a n y —b
6 5 0 ,2 0 2
9 6 1 ,1 3 9
J u l y 1 t o S e p t. 3 0 . . . . . 2 ,3 7 3 ,9 4 7 2 ,4 9 0 ,0 4 9
6 ,7 8 7 ,4 1 4 6 ,8 1 8 ,2 5 0 1 ,9 0 9 ,1 8 8 2 , 3 0 4 , 5 1 3
J a n . 1 t o S e p t. 3 0
B o s to n A M a i n e .l i —
. 5 ,5 1 2 ,2 4 9 5 ,9 7 3 ,0 2 2 1 ,7 9 5 ,5 6 0 2 ,1 1 1 . 8 0 6
.1 4 ,8 1 5 ,3 8 1 1 1 1 3 9 7 1 9 0 5 4 ,2 5 2 ,0 5 6 I i 4 , 1 6 2 ,6 1 3
B o a t. R e v . B . & L y n n —
5 9 ,1 3 0
3 2 ,3 0 4
8 2 ,0 7 4
1 0 7 ,7 3 8
J u l y 1 t o S e p t. 3 0 . . . .
3 0 ,1 1 2
4 5 ,3 7 7
1 9 3 ,7 1 5
5117,538
J a n . 1 to S e p t. 3 0 . . .
B r id g e to n A S a c o R iv .—
3 ,7 5 3
2 ,5 3 6
9 ,0 5 3
1 0 ,7 4 8
J u l y 1 t o S e p t. 3 0 ___
6 ,3 2 5
5 ,5 2 1
2 1 ,4 6 0
2 5 ,1 7 6
J a n . 1 t o S e p t. 3 0 . . . .
•ooklyD E l e v a t e d —S e e fS t r e e t R a i l w a y s .
1 7 ,8 0 2
2 2 ,6 2 6
4 9 .0 0 7
5 3 ,4 6 9
B r u n s w i c k A W e s t .S e p t .
6 5 .5 5 6
1 5 1 ,1 3 6
3 8 0 ,2 8 5
4 4 9 ,5 0 7
J a n . 1 t o S e p t. 3 0 . . . ..
2 3 ,5 3 1
5
6
,1
1
9
1
3
6
,7
5
6
J u l y 1 t o S e p t. 3 0 . . . ,.
1 4 9 ,7 9 1
8 5 ,4 7 4
9 4 ,7 2 4
2 6 7 ,4 8 5
2 8 4 ,1 1 4
B u tt. R o o h .A P i t t s , b. S e p t.
6 1 5 .2 6 3
7 8 2 ,0 6 8
J a n . 1 t o S e p t. 3 0 . . . 2 ,4 3 7 ,1 5 7 2 ,2 5 0 ,1 3 6
2 8 3 ,5 6 0
3 0 1 ,9 4 2
8 3 4 ,2 1 9
8 9 4 ,4 0 6
J u l y 1 t o 8 e p t . 3 0 ----2 7 .7 5 7
4
8
,4
2
0
3
8
,4
9
1
6 1 ,9 0 3
B u f f a lo & S u s q u e h ’a S e p t .
1 2 7 ,8 4 7
1 7 6 ,3 1 4
3 0 1 ,5 7 2
3 8 3 ,6 3 5
J a n . 1 to S e p t. 3 0 . . . .
6 2 ,6 8 1
8
5
,3
5
2
1
3
0
,5
9
4
1 5 3 ,1 2 9
J u l y 1 t o S e p t. 3 0 . . . .
1 5 7 ,7 6 6
8 4 ,7 2 8
4 9 1 ,8 3 4
4 1 8 .6 5 2
B u r l. C e d . R . & N o . a . S e p t .
8 5 7 ,7 3 6
8 3 0 ,0 2 2
3 ,1 9 5 ,2 6 3 2 ,9 1 9 ,2 7 1
J a n . 1 t o S e p t. 3 0 —
744,^> 45
7 5 8 ,3 2 8
C a n a d ia n P a o i t t o . - a . 8 e p t . 1 .8 2 6 .6 8 0 1 ,8 2 9 .3 9 8
4
,
4
8 3 ,7 7 3
5
,3
8
1
,3
6
1
J a n . 1 t o S e p t. 3 0 . . . . 1 4 ,6 6 9 ,3 9 2 1 2 ,5 9 5 .5 3 8
3 ,4 4 9
5 ,1 3 5
6 ,3 4 1
7 ,9 9 6
C a r o l i n a M i d l a n d . . ..S e p t.
9 ,0 3 0
1 6 ,1 6 3
3 4 ,7 3 4
4 2 ,8 6 5
J a n . 1 to Sept-. 3 0 . . . .
9
,4 9 3
1
2
,0
0
5
1 8 ,8 4 2
2 0 ,5 1 1
J u l y 1 t o S e p t. 3 0 . . . .
1 7 1 ,3 8 2
1 7 6 ,6 3 9
4 5 4 ,9 9 8
4 6 9 .6 8 8
C e n t, o f G e o r g ia , a . S e p t.
6 3 6 ,6 3 6
J a n . 1 to S e p t. 3 0 . . . 3 ,6 2 0 ,0 3 4 3 ,4 1 9 ,7 7 3 1 ,0 1 5 ,5 2 5
4 1 2 ,9 2 9
4 0 4 ,1 3 0
J u l y 1 t o s e p t . 3 0 . . . . 1 ,2 1 5 ,0 8 6 1 ,2 4 8 ,3 1 4

THE CJHHONK LK.

NOVfiitBEU 21. ISW8.
-G rots Earnings. ----- v

Net Earni/ujs.-

Roads.

C e n t r a l o f N . J . a . . S e p t. 1,116,782 1,181.218
462,837
J a n . 1 t o S e p t. 3 0 ___ 9,221.927 9,507,920 3,315,383
C e n t r a . P a c in o b — A u g . 1.169,913 1,260.445
521.044
J a n . I t o A u g . 3 1 ___ 7,839,524 8,318.351 2,831,8S5
3,917
5,136
C h a r . C leo. A 3 J tto n .S e p t.
1,624
41,415
34,801
J a n . 1 t o 8 *pt. 3 0 ___
19,8 J4
Char. A S a v a n n a h . .S e p t.
36,774
30.524
6,253
423.903
J a n . I t o S e p t. 3 0 . . .
402.918
99, >40
J u l y 1 to S e p t. 3 0 ___
99,950
99,561
6,240
869,855
C h e s . A O h i o . a ........S e p t.
831.510
299,355
J a n . 1 t o S e p t. 3 0 . . . . 7,58*.329 7,072.154 2,428.027
J u l y 1 t o S e p t. 3 0 ___ 2,572.166 2,473,296
894,061
C h e * . O . A S o 'w n ___ J u l y
178,572
39,551
196,848
Chic. B u r l. A Q u ln .b * S e p t 3.164.549 3,309.523 1,36 1.684
J a n . 1 t o S e p t. 3 0 ...1 24,821,231 23,862,325 8,660,717
312,576
130,243
Chic. A E a s t I ll in o is . J u l y
309,231

2.878.178 3.032.291 1.0 H .U 4
22,562,375 2 >.574,795 7,760.184
July 1 to Sept. 30___ 7,918,772 8,034,518 2.677,740
50,095
70,109
62.363
Chicago A Nor. Pac.Sept.
566,7L5
427,045
Jan. 1 to Sept 30 ...
613,296
14.760
68,141
84,605
Chic. Peo. A 8t. L. .Sept.
241.740
61,041
213,952
July 1 to Sept. 30___
172,118
173.986
58,278
Ohio. A West Mich..Sept.
187,319
Jan. I to Sept. 3 0 .... 1,052. <80 1,109,043
10.296
59.151
59,021
Cln. Jack. A Hack, b Sept.
525,262
453,366
74,025
Jan. 1 to Sept. 30---308.142
101.795
Cln.N.Orl.A Tex.P.a.Oct.
356.881
692.193
Jan. I to Oct. 3 1 ..... 2.787,320 3,02 2,236
July 1 to Oct. 31....... 1,136.937 1.399,317
287,317
6.813
26.0*21
2**,527
Cln. Ports. A Vir.b..Sept.
199.831
201.441
26,2*7
Jan. 1 to Sept. 3 0 ....
70,59
79,554
1*2,970
July 1 to (Dept. 3 0 ....
Clarendon A Pitta.—
1,551
5,765
7,941
July l to Sept. 30---19,096
22.163
1,831
Jan. 1 to Sepr. 3 0 ....
62 496
57,763
Cleve. Canton A So..Sept.
10.7*)2
491.294
Jan. 1 to Sept. 3 o .. .
517,8 <2
101,599
198,436
37,511
July \ to Sept. 3 0 ....
190,451
291,570
Clev.Cln. C.A St. L.m Sept. 1.123.256 1.238,527
Jan. 1 to sept. 30 .. . 9.634.410 10,287.163 2,283,136
829,618
July 1 to 8ept. 30 ... 3,31*2,370 3,692.955
174.140
39,843
151.069
Peoria A Eaat*n a.Sept.
296.003
Jan. 1 to Sept. 30 .. . 1.298.2 44 1,45 4.557
428.077
513,555
99,628
July 1 to sept. 30 ...
155,971
2
-.I0L
104,056
d e v . Lor A Wheel. Aug.
257,<18
914.033
893.435
Jan. 1 to Aug. 3 1 ....
02.452
224,019
315,2 43
July 1 to Aug. 3 1 ....
20.537
144,655
164.462
Colorado Midland.. Sept.
315,309
Jan. 1 to Sept. 3 0 .... 1,388,758 1.254.505
Colamb- Newb. A Laur.—
3,689
15.406
July 1 to Sept. 30 ...
26.148
23.213
123,633
86,167
Jan. I to »ept* 30---190.100
78.507
198,090
OoLOoek.Val A r b. lane
483.524
Jan. 1 to J »tie JO.... 1,223,683 1,055.924
27.823
93,937
82,640
GoL San. A flock......Sept.
630.316
110,209
Jan l to Sept. 3 0 . . .
603,-33
05,049
202,056
233,765
July 1 to Sept. 3 0 ....
def. 121
505
1,231
Crystal.....................Sept.
586
9,213
6,322
Jao. 1 to Sept. 3 0 ....
29.902
94,679
Cumberland Valley.Sept.
76,315
139.185
622.886
620,034
Jan. l to Sept. 30 . . .
Delaware A Hudson—
Keanu <k Saratoga—
321,349
739,158
721,842
July 1 to Sept. 3 0 ....
581,109
Jan. 1 to Sept. 3 0 .... 1,743, <87 1,745,4 44
N. Y. A Canada123,38t
279.378
281.332
July 1 to Sept. 3 0 ....
210,*08
632,857
691,*53
Jan. I to Sept. 3 0 ....
Albany A Su-q
401,437
July l to "ept. 3 0 .... 1.071.696 1,049,949
3,037,902 2.869,465 1,194,056
Jan. &to 8ept. 30.
Del. Lack. A Western July L to Sept. 3 0 .... 2.461,715 2.505,010 1,303,404
Jao. 1 to Sept. 30 ... 5,876.879 6,165,420 2,841,206
Syrac. Bing. A N, Y .—
121,435
283,829
246,010
July 1 to Sept. 30 . .
204,530
640,639
692,137
Jan. 1 to Sept. 30 ..
213.180
661.694
623,026
Dm. A R.Orande.b.Sept.
Jan. 1 to Sept. 3t> . . . 5,318,*39 5,183,15 4 2,110,305
754.023
Julv 1 to Sept. 3 0 .... 1,850.919 1,9 73.852
834
7,975
".508
Dee Molne* A K. C . July
18,101
48.610
64,871
Jan. I to July 3 1 ....
14.002
4 4,*412
44.187
Dee Moines No. A W.Sept.
100,377
262,90 J
323.63 4
Jan. 1 to Sept. 3 J .. .
12.558
105.4 48
112,380
Det, Lane. A Nor a.Sept.
113,835
862.204
868,325
Jan. 1 to Sept. 30
1,851
19.535
24,511
Detrott A Haok*o.a.Sept.
115,202
285.079
337,5 *2
Jan. 1 to Sept. 30.
20.995
98.0J0
79.180
July 1 to Sept. 3 0 ,...
151,704
62,128
154,642
Duluth So. 8b.A Atl.Sep
204,657
421,217
524,132
July » to Sept. 30..
582.174
1,544,015 1,327,400
Jan. 1 to Sept 30..
Dunk. Aliegh. V. A P.—
11,065
72.006
64,604
July I t*» 'Dept. 3 0 ...,
173,340 def.7,029
157,450
Jan. 1 to Sept. 3 0 ....
31.051
91,200
100,869
l.Igtn Joliet A B.a..8ept.
326,246
801,173
970.072
Jan. 1 to Sept. 3 » ....
99,461
261,959
311.0)3
July i to Sept. 30 . . .
832,558
Erie ........................Sept. 2.769.490 2.775.428
Jao. I to Sept. 30 ... 22,591.336 22,009,956 6,010,910
Dee. I to Sept. 30 ... 25,110.063 24,2 43,316 8,617,152
2,195
6,120
3.062
Eureka Springs . . . . . Aug.
20,365
44,523
40,945
Jan. 1 to Aug. 31..
Fall Brook—b
91.925
185,126
171.747
July 1 to Dept. 30..
174,805
439,391
482.904
J an. I to Sept. 30..,
Fitchburg, b —
671.733
. 1,891,513 2.010,689
5.413.351 5,355,686 1,496,308
60,319
208.415
.
208.396
490,300
J a n . 1 t o S e p t. 3 0 . . 1,955,298 1,854.553
31,559
72.171
85,939
W. A D e n v . C H y .^ e ; ^
89,415
725,577
652,557
J a n . 1 t o S e p t. 3 0 . .

489,758
3,705,776
539,124
2,961,122
2,982
20,046
2,118
77.233
def.743
270.251
2,215,798
815.267
57,212
1,477,199
8,379,672
127,596
1,345.367
8.061,547
3,103,995
44,209
391,770
16,055
37,161
42,701
176,272
10,318
63,747
116.868
856.815
417,623
7,408
33 557
20,027
del. 932
5,391
11,318
103.256
50,101
361.833
2,562,311
907,976
40.421
376,983
131,704
43.587
285.512
104,288
41,977
388,301
1,372
6,674
00,005
347,513
26,972
99,222
295
1,413
36,709
201,135
336,944
560,481
103,332
192,037
482,649
1.118,189
1.411,260
3,219,519
144,312
330,9 42
280.926
2,190,903
868.482
3,354
7,943
21,82 8
86,290
27,621
185,022
3.201
115,960
28.603
61,403
147.026
405,146
17,050

12,121
27,275
208,198
80.776
758.955
5,305,075
5,808.927
3,788
22,099
90,298
195,785
689,041
1,568,48 3
60,639
469,970
3.793
142,48*>

9 17
-Gt'oss Earnings.

F t . W o r t h Jz R io G r . S e p t .
J a n . 1 t o S e p t. 3 0 . . .

1896.
$
3 3 ,9 6 1
2 2 3 ,9 0 1

1895.
*
3 2 ,0 7 4
2 5 1 ,9 1 2

1896.
$
1 6 ,4 1 1
6 7 ,4 0 6

G a d s d e n & A t t . U n ...O c t.
J a n . 1 t o O c t. 3 1 .........

850
8 ,9 1 1

910
7 ,4 4 5

375
4 ,2 2 8

G e o r g i a . a ..................S e p t.
J a n . I to 8 e p t. 3 0 . . . .
J u l y 1 t o S e p t. 3 0 ___

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

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

7 4 ,9 7 7
£ -2 8 2 ,5 3 1
g 1 2 4 ,9 4 2

3 1 ,9 7 2
g l2 6 ,0 4 8
g 6 1 ,3 7 9

G e o r g ia A A l a b a . a $ . . O o t .
J a n . 1 to O o t. 3 1 ........

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

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

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

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

Roads.

G a. S o n tli. A F l a . d . . . O o t.
J a n . L to O o t. 3 1 .........

8 9 ,5 6 2
7 9 ,8 6 3
2 7 ,0 8 3
7 3 0 ,9 6 6
6 7 5 ,0 2 1
1 7 4 .6 <5
3 0 5 ,7 2 5
2 8 8 ,5 1 3
1 0 2 ,1 6 1
G d . R a p id s A I n d . . S e p t.
2 0 5 ,6 8 5
2 4 5 ,8 7 1
4 9 ,5 5 4
J a n . 1 t o S e p t. 3 0 . . . 1 ,9 1 4 ,2 4 0 2 ,0 1 7 ,1 2 3
3 5 9 ,5 4 8
G r .T r u n k o f C a n a d a S e p t . 1 ,8 3 3 ,7 3 6 1 ,6 3 5 ,5 1 3
6 7 3 ,6 8 8
J a n . L to S e p t. 3 0 . . . 1 3 , 3 7 3 , 7 4 0 1 2 ,9 0 5 ,8 6 9 3 ,9 8 3 ,3 8 4
C h ic . A G r . T r u n k . S e p t .
2 5 2 ,9 7 1
2 3 3 ,5 9 7
1 9 ,5 8 8
J a n . 1 t o S e p t. 3 0 . . . 2 ,3 3 1 ,3 5 2 2 ,0 3 3 , L15
2 0 3 ,9 3 6
D e t. G r. H . A M i l . . S e p t .
9 4 ,1 1 5
1 0 0 ,7 7 8
1 7 .7 2 9
J a n . 1 t o S e p t. 3 0 . . .
7 0 1 ,3 4 4
7 4 7 ,7 9 2
7 6 ,9 0 7
G u lf A C h ic a g o , b . . . S e p t .
4 ,3 5 7
2 ,8 4 0
1 ,9 2 5
J a n . 1 to S e p t. 3 0 . . . .
2 8 ,8 0 3
2 9 ,2 1 1
3 ,4 1 1
H o o s a c T u n . A W ilin . A u g .
4 ,8 0 0
5 ,2 8 8
2 ,1 4 2
U o n s t. A T e x . C e n t.. A ug.
2 5 4 ,1 8 0
2 3 9 ,3 1 7
8 1 ,7 5 7
J a n . 1 to A u g . 3 1 . . . . 1 ,7 6 5 ,9 7 8 2 ,0 0 1 ,7 5 1
2 3 3 ,0 3 6
5 8 5 ,3 7 6
I ll in o is C e n t r a l . . a . 8 e p t . 1 ,9 1 5 ,3 8 5 1 ,7 2 9 ,0 9 2
J a n . 1 to S e p t. 3 0 . . . . 1 4 , 9 6 0 , 1 5 2 1 4 ,1 0 6 ,8 0 2 3 ,9 7 8 ,4 6 L
J u l y l to S e p t. 3 0 . . . . 5 ,2 2 0 ,8 4 0 4 ,8 7 7 ,3 1 4 1 ,3 3 0 ,7 0 6
1 1 ,5 5 1
I n d . D ec. A W e s t. b .. J u l y
4 0 .8 7 2
4 0 .9 4 1
J a n . I t o J u l y 3 1 ___
9 1 ,2 2 6
2 6 6 ,0 7 8
2 5 6 ,7 6 8
I n d i a n a III. A I o w a .D e p t.
4 ,3 5 9
4 9 .9 8 4
5 3 ,7 4 4
5 6 1 ,6 9 1
J a n . 1 to S e p t. 3 0 I . .
1 3 6 .L 3 2
5 5 9 .0 7 9
1 7 ,9 2 1
J u l y I to s ^ p t . 3 0 . . . .
1 7 6 .6 4 5
1 5 9 ,7 2 3
4 4 .3 1 2
1 4 4 ,1 5 4
Io w a C e n tr a l.b ...S e p t.
1 5 9 ,4 2 0
4 3 7 ,8 3 9
J a n . 1 t o S e p t. 3 0 . . . . 1 ,2 9 7 ,5 5 6 1 ,1 5 7 ,1 1 1
1 1 8 .4 9 3
3 9 4 ,1 2 3
J u l y 1 t o S e p t. 3 0 ___
4 2 4 ,6 1 1
I r o n R a i l w a y , b .........S e p t.
198
2 .5 1 7
4 .1 5 0
3 ,8 9 4
3 6 ,8 7 9
J a n . 1 to S e p t. 3 0 . . . .
3 3 ,7 5 4
867
1 1 ,5 8 2
J u l y l t o S e p t. 3 0 . . . .
9 ,4 3 0
2 2 ,3 1 4
1 9 ,6 0 7 d e f .2 ,2 3 7
J a c k . T a m . A K . W ..S e p t.
9 ,5 2 7
J a n . I t o 8 * p t. 3 0 . . . .
2 3 5 ,2 7 4
3 0 6 ,7 8 3
8 ,5 2 1
A p r . I to S e p t. 3 0 . . . .
\4 5 ,3 4 1
1 4 6 ,6 6 1
13
3 ,2 1 1
J a m e s t ’n A L . E r i e ..S e p t.
8 ,0 1 7
3 7 .5 3 2
K a n a w h a A M ic h , b S e p t.
3 4 ,2 6 0
7 7 ,6 4 5
3 3 8 .0 4 0
3 2 3 ,7 1 1
J a n . 1 to S e p t. 3 0 . . . .
2 2 ,9 6 1
1 0 8 ,0 1 9
1 1 1 ,2 6 9
J u l y 1 t o S e p t. 3 0 ----1 3 4 .4 9 3
3 9 9 ,46L
3 8 4 ,3 6 4
K a n . C. F t . 8. A M .a S e p t.
1
,0
2
6 ,3 * 3
3
,2
9
5
.5
0
4
3
,2
6
6
,3
4
3
J a n . 1 t o S e p t. 3 0 . . . .
3 7 1 ,5 9 0
J u l y 1 t o S e p t. 3 0 . . . 1 ,1 2 9 ,7 6 0 1 ,1 6 7 ,3 6 3
3 4 .7 2 9
8 9 ,5 5 3
1 0 9 ,8 4 1
K a n . 0 . M e m . A B . a . S e p t.
7 2 8 ,7 6 9
1 5 9 ,9 2 7
8 2 0 ,3 4 4
J a n . 1 t o S e p t. 3 0 ___
7 5 ,9 9 7
2 5 0 ,1 0 5
2 8 2 ,0 5 0
J u l y 1 t o S e p t. 3 0 . . .
K a n . C ity A N o r t h w e s t e r n —
5 ,3 5 6
6 2 .0 8 0
J u l y 1 to S e p t. 3 0 . . .
7 2 ,1 8 4
d e f .2 5 1
1 7 3 ,0 3 7
J a n . 1 t o S e o t. 3 0 . . . .
1 9 6 ,4 4 1
K a n s a s C ity A B e a tr ic e
1 ,2 6 3 d e f .6 ,3 0 3
1 ,3 6 3
J u l y 1 t o S e p t. 3 0 —
3 ,7 9 3 d e f . 1 5 ,5 9 8
3 ,3 7 1
J a n . I to S e p t. 3 0 , . . .
6 ,0 0 4
4 3 ,0 0 6
3 2 ,1 2 4
K e o k u k A W e s t’n . b A u g .
9 1 ,0 9 0
2 2 8 .6 9 4
2 5 9 .5 0 3
J a n . I t o A u g . 3 1 ----8 41
6
,4
7
3
4
,4
0
5
L. E r i e A ll. A S o . a . . S e p t.
2 ,6 3 7
5 7 ,5 7 6
4 2 ,4 0 3
J a n . 1 to S e p t. 3 0 . . . ,
1 2 2 ,7 4 3
2 9 2 .3 5 9
2 7 5 ,2 0 2
L a k e E r i e A W e s t .b .S e p t.
J a n . 1 t o S e p t. 3 0 . . . . 2 ,5 2 3 ,7 5 9 2 ,5 6 9 ,3 6 3 1 ,0 7 2 ,1 4 4
3 ,9 3 0
1
3
,4
5
6
1
9
,2
5
1
L e x in g to n A E a s t ’n . S e p t .
4 7 ,5 2 4
1 5 4 .3 6 0
1 5 2 ,3 3 3
J a n . 1 t o S e p t. 3 0 . . . .
3 5 ,5 0 5
1 1 3 ,7 7 4
1 2 3 ,2 8 3
L o u i s v .E v . A S t. L . b . A p r.
1 1 2 ,6 6 6
4 3 2 ,1 6 2
4 8 1 ,6 4 3
J a n . 1 to A p r . 3 0 . . . .
5
4
1 ,6 0 0
1
,6
9
3
,9
3
4
L o u is v . A N a s h v . b . S e p t . 1 ,7 5 5 ,6 9 6
J a n . 1 t o S e p t. 3 0 . . . 1 4 , 7 0 4 , 7 1 4 1 4 ,1 9 3 ,1 5 3 4 ,5 0 3 ,1 8 0
J u l y 1 to S e p t. 3 0 . . . 5 ,0 3 4 ,0 8 4 5 ,1 0 4 ,0 3 6 1 ,5 0 2 ,1 1 .6
1 8 ,2 1 4
4 2 ,0 0 8
L o u i s v .H e u d .A S t L . A u g .
4 6 ,3 1 7
7 8 .5 0 2
2 7 1 ,0 3 8
J a u . 1 t o 4U g. 3 i . . . .
3 0 8 ,4 0 9
1 0 6 ,8 0 6
2 3 2 ,5 8 1
2 3 3 ,1 8 4
L o u is v . N. A. A C . a . J u n e
4 5 9 ,3 0 7
J a n . 1 t o J u n e 3 0 . . . , 1 ,5 4 1 ,» 6 8 1 ,4 7 3 ,0 0 9
J u l y L t o J u n e 3 0 . . . 3 .2 9 1 .9 7 3 3 ,0 6 7 ,0 1 5 1 ,1 1 1 ,5 3 4
d e f. 4 ,4 5 5
5 ,1 6 3
6 ,0 0 4
M aco n A B in n in g ...S e p t.
5 0 ,’7 2 7 d e f . 1 2 ,7 6 6
4 2 ,8 0 0
J a n . 1 to S e p t. 3 o . . _ .
1 5 ,2 8 3 d e f . 8 ,5 0 8
1 4 ,6 6 9
J u l y l t o S e p t. 3 0
l E l e v a t e d —S e e S t r e e t R a i lw a y s .
M anh
3 .0 7 0
8 ,1 6 1
1 1 ,3 6 3
M a u is ti q u e ............ ...S e p t.
5 2 ,9 0 4
1 0 1 ,2 9 8
1 0 4 .8 4 3
J a n . 1 to S e p t. 3 0 . . . .
3
5 ,8 4 0
1
1
4
,3
0
1
1
1
5
,1
5
6
M e m p h is A C h a s ’n . , S e p t .
1 3 8 ,1 0 2
8 2 7 ,2 1 8
8 9 7 ,8 2 9
J a n . 1 to S e p t. 3 0 . . . .
0
2 ,1 4 3
3
1
2
,7
3
3
3
0
1
,7
4
4
J u l v 1 t o S e p t. 3 0 —
2 9 5 .2 0 4
7 4 8 ,7 7 6
8 8 3 ,1 2 1
M e x to a n C e n t r a l — S e p t.
J a n . 1 t o S e p t. 3 0 ----- 7 ,3 9 6 ,1 4 6 6 ,8 5 7 ,5 3 0 2 ,6 3 0 ,9 3 0
7 1 ,7 1 1
1 8 8 ,9 6 2
2 1 8 .2 0 3
M ex. I n te r n a tio n a l..S e p t.
8 0 6 ,9 6 2
J a n . 1 t o S e p t. 3 0 ----- 2 ,1 8 3 ,3 5 6 1 ,8 9 3 ,9 2 1
3
7
5
,0
5
7
C
2
7 2 .4 3 0
M e x lo a n N a t i o n a l . . . S e p t .
5 0 1 ,9 2 6
3 ,2 5 1 ,0 0 3 e l , 7 3 1 . 6 0 9
J a n . I t o S e p t. 3 0 . 7 . .
2 5 ,9 7 7
5 5 ,7 3 3
5 1 ,3 0 6
M e x ic a n N o r t h e r n . . S e p t .
3 0 9 ,3 3 2
5 1 8 ,6 5 3
5 8 3 .L 4 4
J a n . 1 t o S e p t. 3 0 ----2 ,8 4 2
5
,2
8
8
1
0
,3
5
5
M id d le G a . A A t l . . . . 8 e p t .
r 1 0 0 ,3 1 5
1 9 3 ,2 7 0
2 0 7 ,5 8 8
M in n . A S t. L o u i s . . .S e p t.
5 4 6 ,0 4 3
J a n . 1 t o S e p t. 3 0 . . . 1 ,4 3 2 ,6 1 6 1 ,3 7 4 ,1 3 0
f 2 3 1 ,6 9 6
5 4 0 .5 8 0
5 3 5 ,3 4 1
J u l y 1 t o S e p t. 3 0 . . . ,
1 8 7 ,4 1 8
3 6 5 ,2 3 2
3 7 0 ,8 0 0
M in n .S fc.P .A S .S te M .S e p t.
J a n . 1 t o S e p t. 3 0 ----- 2 ,6 5 1 .4 5 6 1 ,9 5 1 ,7 3 1 1 ,0 5 5 ,8 2 4
1 9 ,1 0 6
2 9 ,4 0 7
4 3 ,6 8 4
M o b ile A B i n n ’gliam S epfc.
2 5 ,3 2 0
1 9 9 ,2 1 8
2 1 8 ,8 8 4
J a n . 1 to S e p t. 3 0 . . . .
1 1 8 ,7 2 9
2 7 1 ,9 3 7
3 1 5 ,8 9 8
M o b ile A O h i o ........ S e p t .
7 8 4 .9 1 7
J a n . 1 t o S e p t. 3 0 ----- 2 .5 8 4 ,6 5 8 2 .3 6 6 ,4 9 5
2 7 8 ,5 2 6
7
6
8
,0
0
6
8
6
3
,2
9
5
J u l y 1 t o S e p t. 3 0 . . . .
1 9 9 ,5 0 5
4 7 0 ,8 1 4
4 7 3 ,6 4 1
N a s h .C h . A S t. L . b . . O c t.
4 ,1 6. 7 ,2 4 6 3 ,9 2 1 ,8 7 1 1 ,5 1 8 ,5 8 1
J a n . 1 to O c t. 3 1 ................
6 9 2 ,1 7 4
J u l y 1 t o O o t. 3 1 . . . . . 1 ,7 2 8 ,3 5 1 1 ,6 * 5 ,7 3 8
2 ,5 1 8
3 ,2 9 8
N e v a d a C e n t r a l ......... S e p t.
5 ,1 8 2
5 ,1 8 0
2
0
,9
8
0
J a n . 1 to S e p t. 3 0 ----2 6 ,2 3 8
3 ,6 3 3
7 ,2 5 6
J u l y 1 to S e p t. 3 0 . . . .
1 1 ,2 4 2

1895.
$
1 1 ,5 3 4
6 9 ,0 5 9
569
4 ,4 4 4

3 5 ,8 5 5
2 0 5 .4 6 7
1 1 0 ,7 8 8
6 0 ,0 9 1
4 5 5 ,7 6 3
5 7 3 ,3 8 8
3 ,3 5 0 ,6 8 8
2 ,6 8 7
9 0 ,7 1 5
1 8 .7 2 7
9 1 ,7 8 9
d e f .4 9
587
2 ,0 7 2
6 7 ,1 5 2
5 2 8 ,0 3 6
5 5 1 ,0 5 4
4 ,3 7 4 ,8 7 3
1 ,4 5 3 ,9 6 8
1 4 ,0 1 5
8 6 ,1 4 2
1 4 ,1 3 8
1 6 0 ,4 9 3
4 9 .7 0 5
6 3 ,5 9 5
4 0 4 ,1 8 8
1 6 4 ,0 3 8
143
4 ,7 6 2
428
d e f .3 ,3 4 5
2 3 .4 * 6
d e f. 7 ,9 7 8
1 0 ,7 4 9
7 5 ,3 6 2
2 6 ,4 b 6
1 3 0 ,0 4 8
1 ,0 1 0 ,7 6 9
3 6 5 ,3 6 1
7 ,3 9 6
6 4 ,0 5 1
1 7 ,8 5 4
d e f .1 ,0 4 2
692
d e f .3 ,4 8 2
d e f . 1 6 ,9 4 1
2 2 ,8 0 8
6 6 .2 7 i
805
2 ,7 79
1 4 4 .5 1 8
1 ,1 4 2 ,7 1 9
4 .1 3 2
5 0 ,6 0 4
2 0 ,6 7 4
7 8 ,4 1 1
5 5 5 ,8 8 0
4 ,6 1 5 ,9 8 0
1 ,7 2 4 ,3 9 7
1 2 ,5 5 6
5 1 ,8 5 3
1 2 8 ,1 4 6
4 4 5 .5 1 9
9 9 6 ,1 0 4
d e f . 1 .5 0 9
d e f .1 ,4 3 2
d e f . 4 ,2 7 2
3 ,2 0 9
6 1 ,0 3 5
3 2 ,4 2 2
5 7 .8 6 4
5 8 ,9 0 6
2 8 2 ,2 4 8
2 ,7 7 2 ,9 2 5
5 2 ,1 8 8
7 3 0 ,5 1 8
c l 8 0 , 8 47
c l , 4 6 2 ,3 1 7
3 1 ,2 2 4
2 7 7 ,5 2 1
2 ,0 0 3
f 8 9 ,5 0 0
5 5 6 ,8 <8
f 2 3 1 ,2 6 5
1 7 2 ,0 6 0
5 7 3 ,8 1 6
6 ,9 8 1
d e f .3 ,2 3 7
1 0 4 ,2 0 7
7 0 5 ,2 9 2
2 5 3 ,0 9 6
2 0 0 ,0 2 4
1 ,6 0 5 ,4 5 3
7 2 2 ,3 3 3
629
818
75 2

918

THE CHRONICLE,
aross Earnings. ----- *
1896.

$

Roads.

i8 9 5 .

$

—Net Earnings. -----1896.

N. Y. N . H . & H a rtfo rd —
J u l y 1 to S ^ p t 3 0 ----- 7 8 9 2 ,9 3 2 8 ,3 2 2 ,2 5 6
J a n . 1 t o S e p t. 3 0 . . . . 2 2 , 1 0 8 , 8 7 3 2 1 ,9 4 4 ,3 1 1

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

2 ,9 2 2 .4 2 1
6 ,9 4 4 ,6 2 2

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

N . Y . O n t. & W e s t .a .S e p t .
3 3 8 ,9 7 6
J a n . 1 t o S e p t. 3 0 ___ 2 ,8 (5 7 ,3 3 4
J u l y 1 t o S e p t. 3 0 ___ 1 ,1 3 5 ,2 2 6
N . Y . P h il. & N o r f o lk —
J u l y 1 t o S e p t. 3 0 . . .
2 6 4 .7 3 7
J a n . 1 t o S e p t. 3 0 . . . .
7 4 2 ,6 4 6

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

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

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

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

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

7 2 ,2-1 6
1 7 3 .7 4 2

N . Y . S u s . & W e s t . b . S e p t.
2 1 4 ,1 6 2
J a n . 1 t o S e p t. 3 0 ___ 1 ,6 2 5 ,0 2 3
___
5 9 3 ,0 7 8
J u ly 1 to S e p t

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

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

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

N o r f o lk & W e s t’n .a . . A u g .
8 8 0 ,0 7 7
J a n . 1 t o A u g . 3 1 ___ 7 ,4 2 7 .0 4 5

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

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

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

6 ,3 4 6
4 3 ,7 3 7

4 ,0 0 2
3 6 ,0 7 3

3 ,3 5 1
1 4 ,6 1 9

438
4 ,9 0 5

N o r th . C e n t r a l . b ___ S e p t.
5 9 4 ,1 4 8
J a n . 1 t o S e p t. 3 u . _ . . 4 ,5 5 9 ,3 3 5
N o rth e rn N ew Y o rk —
J u l y 1 t o S e p t. 3 0 ___
1 5 ,0 9 5
J a n . 1 to S ep * . 3 0
5 4 ,1 9 3
O h io R i v e r , b ..............S e p t.
9 0 .3 3 3
J a n . 1 t o S e p t. 3 0 . . . .
7 2 9 ,6 8 4
O h io R i v e r & C h a s .S e p t.
1 5 ,1 7 5

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

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

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

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

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

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

N o r t h e a s t e r n o f G a .S e p t.
J a n . 1 t o S e p t. 3 i. . .

P e n n s y lv a n ia —
L in e s d ire c tly o p e r a te d —
E a s t o f P itt s .& E .S e p t . 5 ,1 ’T6 ,3 3 9 5 ,7 8 6 ,5 3 9 1 ,8 0 4 ,6 1 1 2 ,1 1 2 .4 1 1
J a n . 1 t o S e p t 3 0 . . 4 6 , 0 6 1 , 0 7 0 4 6 .8 4 6 y 6 7 0 1 2 ,7 1 1 ,6 1 3 1 3 ,7 1 3 ,1 1 3
W e s t o f P i t t s A E .S e p t.
D eo .
D e o . 4 4 0 ,0 0 0
6 7 5 ,8 0 0
J a n . 1 t o S e p t. 3 0 . .
D eo . 9 7 6 ,2 0 0
D e c . 8 5 7 ,3 0 0
A ll li n e s o p e r a t e d —
E a s t o f P i t t s A E .S e p t.
D e c . 3 6 5 .5 0 0
D e o . 6 9 3 ,8 0 0
J a n . 1 t o S e p t. 3 o . .
D e o .l ,0 8 2 ,0 0 0
D e o . l , 5 8 0 ,0 0 0
D e o . 7 4 2 .8 0 0
D eo . 4 3 3 ,9 0 0
W e s t o f F itt s .& E .S e p t .
J a n . 1 t o S e p t. 3 o . .
D e c . 9 0 7 ,9 0 0
D e c .1 ,1 8 4 ,5 0 0
P e o r i a D e c . * E v ___A u g .
3 5 ,5 9 5
7 9 ,6 1 4
8 7 ,6 7 8
3 0 ,8 6 9
J a n . 1 to A u g . 3 1 ___
5 6 1 , >15
5 8 8 ,1 8 4
1 5 0 ,9 6 0
1 8 2 ,3 2 0
P e t e r s b u r g ................... S e p t.
3 9 ,6 9 6
4 4 ,^ 3 1
1 7 ,3 3 3
1 9 ,2 8
J a n . i t o S e p t. 3 0 ___
4 2 0 ,6 1 9
4 0 6 ,3 9 2
1 7 4 ,4 7 4
1 5 1 ,33L
4 5 ,5 5 4
6 6 ,6 2 1
J u l y 1 to S e p t 3 0
1 1 8 ,3 5 5
1 4 2 ,0 9 5
1 5 1 ,8 4 7
P h i l a d e l p h i a * E r i e b S e p t.
4 4 7 ,9 5 2
4 1 7 ,6 0 7
1 2 7 ,9 6 6
J a n . 1 to S e p t.
3 ,1 5 7 ,0 2 0 3 ,1 0 3 ,3 2 2
8
5
3 ,3 5 5
8 4 8 ,3 5 8
1 ,8 0 1 ,8 5 4 1 ,9 3 1 ,5 6 2
P h i l a . & R e a d i n g ..
876,78*0
9 1 2 ,9 0 6
.1 4 ,8 2 5 ,5 9 5 1 5 ,4 5 6 ,7 0 0 6 ,3 3 3 ,9 3 1 6 ,7 8 7 ,6 2 8
1 6 ,6 5 8 ,8 5 0 1 7 ,0 0 8 ,6 2 7 7 ,1 4 9 ,6 6 9 7 ,3 9 2 ,4 8 9
. 2 ,1 7 1 ,4 1 1 2 ,3 1 ^ ,2 6 0
1 0 5 ,6 2 2 d f .2 0 6 ,6 9 4
1 6 ,1 6 8 ,8 3 2 1 6 ,6 4 7 ,6 3 3 d f.1 8 6 ,2 9 1 d f .5 o 7 ,0 3 6
1 8 ,3 8 5 ,1 9 0 1 8 ,2 3 5 ,8 8 9 I f .2 6 8 ,7 1 1 d f .6 9 4 ,4 6 4
T o t a l b o t h C os.
3 ,9 7 3 ,2 6 5 4 ,2 7 6 ,8 2 2
9 8 2 ,4 0 2
7 0 6 ,2 1 2
3 0 ,9 9 4 ,4 2 7 3 2 ,1 0 4 ,3 3 3 6 ,1 4 7 ,6 4 0 6 ,2 8 0 ,5 9 2
3 5 ,0 4 4 ,0 4 0 3 5 ,2 4 4 ,5 1 6 6 ,8 8 0 ,9 5 8 6 ,6 9 8 ,0 2 5
6 5 ,4 6 5
7 0 ,3 1 3
2 3 ,7 7 4
1 5 ,3 1 1
J a n . 1 to S e p t. 3 0 . .
5 1 3 ,4 6 4
5 6 3 ,3 0 1
1 5 0 ,9 1 5
1 5 4 ,0 6 8
2 4 6 ,4 8 0
P i t t s . C . C. & S t. L . - . O o t 1 ,2 1 1 ,3 5 2 1 ,5 5 0 ,9 3 7
4 3 5 ,9 4 8
J a n . 1 t o O c t. 3 1 ____.1 2 ,0 6 4 ,8 8 4 1 2 ,6 7 8 ,1 5 7 3 ,1 3 5 ,5 4 4 3 ,4 2 0 ,1 4 4
P itt s . L is. & W e s t...S e p t,
4 .0 7 3
3 ,7 7 0
1 .1 9 9
404
J a n . I t o S e p t. 3 0 . . .
3 2 ,0 5 7
3 1 ,7 1 3
d e f. 5 2 3
287
2 8 7 ,4 8 2
P i t t s b u r g & W e s t e r n .S e p t
2 1 8 ,0 0 1
7 4 ,7 5 3
9 6 ,1 1 9
J a n . 1 t o S e p t 3 0 ___ 2 ,1 5 1 ,6 1 5 2 ,2 1 9 ,9 3 6
7 0 9 ,8 7 9
6 9 8 ,0 7 6
J u l y 1 to S e p t. 3 0 . . . .
7 4 2 ,9 5 6
8 8 1 ,1 7 5
2 5 5 ,8 8 6
2 9 0 ,7 0 2
P i t t s . Y o u n g s . & A ...O c t.
1 9 0 ,5 3 9
1 1 3 ,3 2 5
3 1 ,0 1 8
9 5 ,2 6 7
J a n . 1 to O c t. 3 1
1 ,2 L 5,2 4 6 1 ,4 7 8 ,2 4 6
4 1 1 ,1 9 2
6 3 6 ,5 8 7

J u l y 1 t o S e p t. 3 0
J a n . 1 to S e p t. 3 0
B io h . F r e d . & P o t . . 8 e
J a n . 1 t o S e p t. 3 0
J u l y 1 to S e p t. 3 0 .

712

1 3 ,6 2 5

1 4 ,7 1 9

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

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

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

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

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

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

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

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

.
,.
.
.

J u l y 1 to S e p t. 3 0 . .
.
J u l y 1 t o S e p t. 3 0 . . . .
.
.
J u l y 1 t o S e p t. 3 0 . . . .
t.
*
.
i Tvi J u l y 1 t o S e p t. 3 0 . . . .
S t. L o u i s S o u t h w e s t e r n g J u ly 1 t o S e p t. 3 o . . . .
J a n . 1 to S e p t. 3 0 . . . .
S a n A n t . & A r a n . P .S e p t,.
^ ;y j a n . 1 t o S e p t. 3 0
.
B a n F r . & N . P a e .........O e
.
J a n . 1 t o O c t. 3 1 . . .
.
.
.
.

-G rom Earnings.—

1895.

Roads.

N e w b . D u t c h e s s & C o n n .—
J u l y l to S e p t. 3 0 ___
3 7 ,5 3 4
4 2 ,7 1 4
9 ,1 1 5
J a n . 3 t o S e p t. 3 0 . . . .
1 0 3 ,0 5 0
1 1 9 ,6 2 1
9 ,6 2 0
N ew E n g la n d —
J u ’y i to S e p t. 3 0 . . . 1 3 5 6 ,7 2 1 1 ,6 4 1 ,1 7 0
2 4 9 ,9 1 9
J a n . 1 t o S e p t. 3 0 ___ 4, 0 1 3 ,2 0 6 4 ,5 0 5 ,8 2 4
8 1 8 ,6 8 9
N e w J e r s e y & N ew Y o r k —
7 8 ,0 7 0
J u l y 1 t o S e p t. 3 0 . . . .
1 0 5 ,1 2 5
3 3 ,1 7 7
J a n . 1 to S e p t. 3 0 . . . .
2 1 9 ,4 7 3
2 6 4 ,3 2 8
6 4 ,8 4 0
N . Y . C e n t r a l & H u d .—
J u l y l t o S e p t. 3 0 ___ 11 ,2 6 9 .8 9 9 1 1 ,6 0 0 .5 0 5 3 ,6 7 3 .1 3 1
J a n . 1 t o S e p t 3 0 . . . . 3 2 , 4 0 6 ,4 6 4 3 1 ,9 3 0 ,9 9 1 1 0 ,5 4 3 ,2 8 5
N . Y . C h ic . & S t. L . b —
J u l y 1 t o S e p t. 3 0 ___ 1 3 4 6 ,0 0 6 1 ,5 7 6 ,0 6 8
3 1 5 ,1 6 0
J a n . 1 to S e p t. 3 0 ___ 4, 1 1 1 ,5 2 0 4 ,4 9 6 ,9 6 6
7 5 7 ,9 4 0

d e f ,5 ,7 2 0

[V ol. L x ra ,

S e a b o a rd & R o a n o k e —
J u l y 1 t o S e p t. 3 0 ___
S ilv e r S p . O c a l a & G . S e p t .
J a n . 1 t o S e p t. 3 0 ___
S l l v e r t o n ........................ 8 e p t .
S o m e r s e t—
J u l y I to S e p t. 3 0 ___
J a n . 1 t o S e p t. 3 0 ___

1816.

1895.

-N et Earnings. —
1896.
$

1895.
$

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

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

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

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

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

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

7 ,0 5 0
1 3 ,0 1 8

4 ,6 6 3
1 3 ,2 2 3

2 ,9 8 8
1 5 ,1 9 8

807

S o u th H a v e n & E a s t . 8 e p t .
3 .7 6 3
J a n . 1 to S e p t. 3 0 . . . .
2 0 ,5 7 0
S o u t h e r n P a c i f ic —
G a l. H . * 8 . A n t . b . A u g .
4 3 1 ,6 5 0
J a n . 1 to A u g . 3 1 . . . 3 ,1 6 9 ,1 7 5
L o u i s i a n a W e s t. b . A u g .
7 0 .8 7 7
J a u . 1 to A ug. 3 1 ..
5 6 7 ,5 3 2
M ’g a n ’s L a .& T e x .b A ug.
3 5 4 ,0 8 0
J a n . 1 t o A u g . 3 1 . . 2 ,9 8 4 ,1 4 9
N .Y . T e x . & M . . b . . A u g .
3 3 ,5 2 9
J a u . 1 to A u g . 3 1 . .
1 4 4 .0 5 4
T e x a s & N. 0 ..b ..A u g .
1 1 7 ,9 6 7
J a n . I to A u g . 3 1 . .
8 5 9 .0 0 8
A t l a n t i c P r o p . i i |j . A u g 1 1 ,3 2 6 ,0 2 7
J a n . 1 to A u g . 3 1 . . . 4 9 . 8 6 8 , 4 8 3 1
P a c i f ic S y s t e m b .A u g . 2 ,8 2 9 ,2 4 9
J a n . 1 to A ug. 3 1 ....2 0 ,3 1 8 ,7 1 7
T o t a l o f a l l . b ....... S e p t. 4 ,4 7 0 ,8 0 7
J a n . 1 to S e p t. 3 0 . . . 3 4 , 6 5 8 , 2 5 5
8o. P ao . o f C a l..b . A ug.
8 5 8 ,2 6 5
J a n . 1 t o A u g . 3 1 . . . 6 ,4 9 9 ,6 0 4
S o P a c .o f A r iz ’a b A u g .
1 5 0 ,3 6 0
J a n . 1 t o A u g . 3 1 ___ 1 ,4 6 6 .1 5 4
S o .P a o .o f N M .b . A u g .
8 0 ,6 ^ 6
J a n . 1 t o A u g . 3 1 ___
7 4 3 ,9 1 5
N o r t h e r n R a i l’v . b A u g .
2 1 9 ,7 1 2
J a n . 1 t o A u g . 3 1 . . . . 1 ,3 8 2 ,8 9 7

1 ,3 5 1 %

3 8 7 ,8 5 4
1 8 7 ,4 9 5
1 2 4 ,3 7 2
2 ,9 2 0 ,1 1 7 1 ,0 3 2 ,6 8 2
8 0 7 .6 4 0
7 4 ,3 4 9
2 4 ,7 6 5
2 7 .0 5 2
6 8 0 ,2 1 6
2 0 3 ,1 8 2
2 9 8 ,3 0 4
4 2 5 ,8 3 7
7 6 ,2 2 7
6 1 ,9 8 4
3 ,5 6 9 ,3 9 7
5 8 5 ,0 2 6
7 1 7 ,3 2 6
1 9 .3 5 4
2 0 .9 4 6
6 467
1 4 7 ,8 3 6
4 5 .8 2 9
3 9 ,9 6 3
1 3 4 ,5 9 0
4 2 ,4 4 7
5 1 ,2 3 0
1 ,0 5 3 ,3 3 7
2 6 1 ,6 8 8
4 1 3 ,7 0 5
t l , 3 3 1 ,6 1 4
1 4 4 8 ,5 1 1
1 3 1 9 ,4 ^ 8
1 0 ,7 9 0 ,3 6 1 1 2 ,4 7 6 ,0 6 5 1 2 ,8 1 0 ,0 6 1
3 ,0 8 3 ,2 6 6 1 ,2 0 2 ,9 6 0 1 ,2 4 4 ,1 6 9
2 0 ,7 1 3 ,6 5 1 6 ,7 5 7 ,3 3 9 6 ,6 0 6 ,9 2 9
4 ,4 8 1 ,7 3 2 1 ,8 0 7 .1 4 6 1 ,6 5 6 ,3 1 1
3 5 ,9 8 5 .7 4 7 1 1 ,0 4 0 ,5 0 9 1 1 ,1 5 3 ,3 0 3
9 4 6 ,9 6 4
3 9 2 ,9 9 2
4 5 3 ,2 0 6
6 ,7 1 8 ,5 9 6 2 ,2 7 6 .6 5 7 2 , 4 9 4 , 0 6 7
1 6 1 ,4 « 2
3 8 ,7 8 5
8 ,5 3 8
1 ,4 3 7 .9 1 6
3 4 7 ,0 2 4
3 9 3 ,7 7 8
8 5 ,5 9 3
3 2 ,0 1 1
3 1 ,7 1 0
6 9 3 ,9 1 6
2 0 3 ,9 0 5
2 6 6 ,5 1 8
2 0 7 ,2 9 1
1 1 4 ,5 6 2
6 0 ,6 6 2
1 ,2 4 4 ,6 1 1
4 7 5 ,5 5 0
1 9 3 ,0 8 9

S o u t h e r n R a i l w a v . a S e p t. 1 ,6 9 2 ,2 3 4 1 ,6 5 0 .3 6 8
J a n . 1 t o S e p t. 3 0 . . . . 1 3 ,3 1 4 .6 6 3 1 3 .1 0 3 .1 9 0
J u l y 1 t o S e p t. 3 0 ___ 4 ,5 5 7 ,9 1 1 4 ,7 0 2 ,8 2 3
S p o k a n e F a ll s & N o .S e p t.
3 9 ,4 4 5
2 7 ,5 9 4
J a n . 1 t o S e p t. 3 0 . . . .
3 1 2 ,9 0 6
1 9 5 ,9 6 6
8 ta te n I. R ap . T r ,b ..A u g .
1 4 7 ,4 3 7
1 5 3 .0 2 0
J a n 1 to A u g . 3 1
8 1 0 .4 7 9
8 1 0 .5 1 3
J u ly 1 to A ug. 3 1 ....
2 9 1 .9 9 6
3 0 4 ,7 1 7
8 t o a y C l. & C . M . . b . S e p t .
4 ,3 5 2
4 ,4 5 7
J a n . 1 t o S e p t. 3 0 . . . .
3 5 .2 2 4
3 6 ,7 0 1
J u l y 1 t o S e p t. 3 0 . . . .
2 3 ,7 6 5
2 4 ,6 3 6
S u m m it B r a n c h .e ...S e p t.
7 8 .1 6 4
9 8 ,7 6 4
J a n . 1 t o S e p t. 3 0 . . . .
6 9 4 ,7 4 7
8 5 7 .4 1 5
L y k e n s V a l.C o a l e . S e p t .
7 0 ,6 6 2
6 6 ,1 9 0
J a n . 1 t o S e p t. 3 0 . . . .
6 3 6 ,0 8 7
5 1 4 ,0 3 6
T o t a l b o th C o ’s . . e . S e p t .
1 4 8 ,3 2 6
1 6 4 ,9 5 4
J a n . 1 t o S e p t 3 0 . . . 1 ,3 3 0 ,8 3 4 1 ,3 7 1 ,4 5 1
S y ra c u s e G en . & C o r n .b —
J u l y 1 t o S e p t. 3 0 . . . .
1 8 4 ,9 9 9
1 7 3 ,1 9 9
J a n . 1 t o S e p t. 3 0 . . . .
4 9 7 ,5 6 2
4 8 2 ,7 3 0
T e x a s C e n tra l . . . . A ug.
1 8 ,1 0 9
1 8 ,9 0 9
J a n . 1 to A ug. 3 1 . . . .
1 4 5 ,4 0 6
1 5 2 ,0 5 5
T e x . S a b . V . & N . W ..S e p t.
3 ,5 9 7
3 ,3 9 0
1 7 9 ,1 8 7
T o le d o & O h io C e n t, b S e p t.
1 5 5 ,0 5 6
J a n . 1 t o S e p t. 3 0 . . . 1 ,3 2 5 ,7 0 9 1 ,3 1 5 .0 2 2
J u l y 1 to S e p t. 3 0 . . . .
4 5 2 ,9 9 7
5 4 3 ,3 6 6
8 9 ,5 9 3
T o l. P e o r i a * W e s t .b S e D t .
8 4 ,2 3 1
J a n . 1 t o S e p t. 3 0 . . .
7 1 0 ,2 5 4
7 1 7 ,2 4 6
J u l y 1 t o S e p t. 3 0 . . . .
2 3 1 ,2 8 3
2 5 7 ,2 3 7
U ls te r & D e la w a re —
J u l y 1 t o S e p t. 3 0 . . . .
1 4 1 ,5 3 4
1 5 0 ,4 8 8
J a n . 1 t o S e p t. 3 0 . . . .
3 1 3 ,0 0 2
3 1 9 ,1 5 3
U n io n P a c i f i c U n io n P a o . R y . . b . S e p t . 1 ,4 2 3 ,2 3 2 1 ,3 6 8 ,5 3 3
J a n . 1 to S e p t. 3 0 . . . 1 0 , 1 4 9 , 2 7 3 1 0 ,1 8 4 ,6 4 0
O r e g .S .L . & U .N .b .S e p t .
4 8 3 .1 7 8
5 2 7 ,6 0 7
J a n . I t o S e p t. 3 0 . . 4 ,0 0 8 ,7 9 5 3 ,8 0 9 ,5 7 1
S t.J o s .& G d . I s l . b . S e p t .
6 9 ,4 4 5
6 0 ,0 2 8
J a n . 1 t o S e p t. 3 0 . .
4 8 0 ,3 0 3
4 3 6 ,3 9 5
K a n . C. & O m . b . . . S e p t .
1 2 ,5 0 4
6 ,8 2 9
J a n . 1 t o S e p t. 3 0 . .
7 5 ,6 3 8 •
4 9 ,6 5 1
C e n t. B r a n c h . . b . . S e p t .
3 6 ,8 1 1
2 8 ,8 7 5
J a n . 1 t o S e p t. 3 0 . .
3 0 7 ,2 6 7
2 1 5 ,5 2 7

6 0 4 ,6 5 7
5 5 3 ,4 3 3
3 ,4 7 ^ ,7 1 3 3 , 2 8 8 ,5 4 6
1 ,3 5 3 ,4 4 2 1 ,3 7 1 ,2 3 2
2 1 ,6 3 6
1 7 ,2 6 2
1 0 6 ,1 2 5
1 7 2 ,3 9 8
8 0 ,9 3 3
8 4 ,0 4 0
3 2 7 ,3 5 4
3 4 8 ,0 5 2
1 6 1 .9 5 1
1 4 9 ,6 3 6
1 ,8 7 3
1 ,9 5 8
1 6 ,8 4 5
1 2 ,5 9 9
1 4 ,4 1 4
1 4 ,9 6 1
5 ,6 9 0
d e f .1 9 8
d e f .9 8 ,8 4 0
7 0 ,2 8 1
d e f .8 1 6
d e f .5 ,9 0 4
8 ,2 4 9 d e f . 4 0 , 1 3 8
d e f .l,r » l4
def 214
3 0 ,0 9 3
d e f-----------.9 0 ;5 9 1
7 7 ,8 1 1
1 3 1 ,6 1 9
231
1 0 ,0 5 4
1 ,3 7 8
4 2 ,0 1 7
3 6 7 ,1 2 1
1 0 8 .4 2 8
2 5 .7 6 4
1 8 1 ,5 8 1
5 8 ,1 2 8

6 2 ,5 1 2
1 4 7 ,1 3 1
4 ,0 5 1
3 2 ,6 0 4
800
5 8 ,5 8 3
3 6 3 ,6 7 2
1 8 3 ,8 7 8
2 5 ,5 5 3
1 4 9 ,0 6 8
6 6 ,8 4 3

4 7 ,0 7 8
7 6 ,3 8 8

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

5 6 2 .2 2 6
6 0 0 ,3 6 5
3 ,6 3 2 ,7 6 6 3 ,7 6 6 ,1 7 2
1 5 3 .5 3 0
2 3 3 ,8 1 8
1 ,6 9 4 ,5 9 4 1 ,5 6 7 ,4 9 3
25 413
1 4 .5 3 9
1 0 7 ,1 2 3
6 4 ,3 6 8
d e f .7 8 6
2 ,1 8 8
d e f . 1 ,5 0 5 d e f .2 7 ,6 3 4
1 7 ,7 6 4
1 0 ,6 3 7
1 3 3 ,5 3 7
4 7 ,5 3 2

4 6 0 d e f . 2 ,0 6 5
3 1 ,7 0 8
i t J e w ! * & w : } b -S e P t 3 1 -7 0 8
2 5 -0 2 9
1 9 5 ,4 2 3 d e f .2 7 ,7 1 9 d e f .4 0 ,1 5 5
J a n . 1 t o S e p t. 3 0 . .
2 3 4 .1 1 6
7 7 5 ,0 5 4
8 8 0 ,6 2 8
G r a n d T o t a l, b — S e p t. 2 .1 8 6 ,0 4 0 2 ,1 3 7 ,6 2 5
J a n . 1 t o S e p t. 3 0 1 6 ,2 6 1 ,6 0 8 1 5-----------,7 6 9 ,3 2 1 5 6 7 2 ,9 3 3 5,4 74 ,9 71
7
6
.2
8
7
7 3 ,6 0 7
2 5 4 ,8 2 3
U n . P .D . & G u lf . b . . . S e p t.
2 5 7 ,9 4 1
3 8 8 ,0 5 3
4 1 9 ,3 6 0
J a n . 1 t o S e p t . 3 0 . . . . 2 ,1 7 0 ,8 0 8 2 ,1 7 8 ,9 6 5
V e r m o n t V a ll e y 2 9 ,8 5 3
2 5 ,4 5 2
6 1 ,4 1 7
J u l y 1 t o S e p t. 3 0 . . . .
5 9 ,3 8 4
5 4 ,6 0 0
4 7 ,3 5 5
1 5 3 ,0 3 0
J a u . 1 to S e p t. 3 0 . . . .
1 5 7 ,5 5 1
V is a lia & T u la r e —
1,010
330
2 ,3 9 2
J u l y 1 t o S e p t. 3 0 . . . .
2 ,3 1 4
2 .0 5 2
779
7 ,3 2 7
J a n . 1 to S e p t. 3 0 . . . .
5 ,8 4 6
3 4 1 ,1 0 0
3 3 6 ,8 3 2
1 ,1 7 5 ,5 6 0
W a b a s h . b ......... .........S e p t. 1 ,0 6 0 ,0 3 0
J a n . 1 t o S e p t. 3 0 ___ 8 ,9 9 8 ,5 7 9 9 ,1 9 6 ,4 6 1 2 ,4 4 2 ,4 4 2 2 ,4 8 7 ,0 0 2
J u l y 1 t o S e p t. 3 0 . . . . 3 ,1 6 8 7 3 3 3 ,5 2 1,4 5 0 1 ,0 0 4 ,8 7 5 1 ,1 2 5 ,6 4 9
2 6 ,0 2 9
2 7 ,2 5 4
3 8 .2 4 0
W a co & N o r t h w ’n . . . S e p t .
3 7 ,1 6 1
7 9 ,2 0 8
7 5 ,4 4 8
1 7 0 ,1 2 4
J a n . 1 to S e p t. 3 0 . . . .
1 , ±,<z\j8
W a lk il l V a ll e y —
1 7 ,2 6 8
1 0 ,8 3 4
5 0 ,5 7 5
J u l y l to S e p t. 3 0 . . . .
4 7 ,1 3 7
3 5 ,6 8 3
2 8 ,4 9 4
120,868
J a n . 1 t o S e p t. 3 0 . . . .
1 2 8 ,3 2 0
7 3 ,3 8 0
4 9 ,4 5 9
2 5 0 ,4 7 9
W . J e r s e y & S e a s h ’e .S e p t .
2 2 1 ,8 7 4
5 3 2 ,0 2 2
5 0 6 ,6 3 9
M a y 1 t o S e p t. 3 0 . . . . 1 ,4 7 7 ,5 5 1 1 ,4 9 6 ,1 6 0
2 0 .9 3 4
1 7 ,0 9 4
3 5 ,3 2 6
W .V ir g i n ia & P ic ts b .. J u l y .
3 1 ,3 7 1
1 1 0 .5 2 1
1 1 4 ,7 0 2 .
2 0 7 ,6 8 L
J a n . 1 to J u l y 3 1 . . . .
2 2 3 ,2 0 8
3 6 ,0 1 5
3 6 ,7 0 3
1 0 7 .3 0 9
W e s t V a . C e n t. & P . . O o t .
1 0 1 .2 0 4
1 5 2 ,1 6 9
1
3
4
,2
4
2
4
1
6
,1
0
6
J u l y 1 t o O c t. 3 1 . . . .
4 0 1 ,2 4 3
6 0 ,0 5 0
4 0 1 ,8 0 3
1 4 4 ,6 1 7

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

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

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

W e s t .N .Y .* P e n n . b . S e p t.
2 9 1 ,3 0 2
J a i l . 1 t o S e p t. 3 0 . . . , 2 ,2 1 5 ,6 3 7
J u l y 1 t o S e p t. 3 0 ___
8 8 0 ,1 2 2

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

1 1 5 ,6 5 6
7 -^ 0 .5 7 1
3 5 1 ,2 8 7

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

W e s t’u o f A la b a m a ..S e p t.
J a n . 1 to S e p t. 3 0 . . . .
J u l y 1 to S e p t. 3 0 . . . .

N ovember 21, 1896,]

THE CHRONICLE,

_

—— G ross E a r n in g s .-— > ,---- N et E a m n u js ,1896.
1895.
18 9 6 .
1895
R o a d s.
%
%
$
$
W isc o n sin C e n tra l ..S e p t
3 7 0 ,^ 8 3
4=03,661
1 2 3 ,5 8 4
1 5 0 .3 5 7
J a n 1 to *epr. 3o . . .
3 ,2 2 6 ,0 8 3 3 ,2 3 2 ,7 6 9 1 ,0 1 8 ,2 H 1 ,2 6 3 .7 6 2
J u ly 1 to Sept- 3 0 . . .
1 ,2 0 1 ,6 0 3 1 ,2 9 3 ,9 7 1
4 5 3 ,3 9 0
5 0 2 ,8 5 2
W rig h t* r . & T a n a ..O c t.
1 0 ,3 9 4
9 ,7 2 4
6.27.9 d e f.1 ,1 5 0
J a u . 1 to O c t 3 1 . . . . .
7 0 .4 6 2
6 9 ,8 0 3
3 3 ,4 2 9
16,556
J u l y 1 to O c t. 3 1 . . . .
3 1 .6 9 3
3 1 ,5 4 0
1 5 .4 1 3
9,725
Y o r f e S o a th e m . . . . . . S e p t.
6 ,7 2 1
5 ,9 9 4
2 ,9 1 3
2,119
a N e t e a r n in g s h e re
a r e a 't e r d e lu e t t n g ta x e s ,
b N e t e a r n in g s her© g iv e n a r e b e fo re d e d u c tin g ta x e s ,
c D e d u c tin g o th e r e x p e n d itu r e s f o r r e p a ir s , re p la c e m e n ts a n d g e n e ra l
e x p e n s e s , n e t in c o m e a p p lic a b le to in te r e s t o n b o n d s in S e p te m b e r w as
$ 1 5 4 ,2 3 0 . a g a in s t $ 1 0 6 ,0 IQ la s t y e a r , a n d fro m J a n u a r y 1 to S e p te m b e r
3 0 $ *7 3 , 0 0 1 , a g a in s t 8 7 5 2 ,5 9 2 . T h is is th e r e s u l t in M ex ic a n d o lla rs
tr e a te d (a c c o rd 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 i t s a cc o u n ts)
m e q u iv a le n t to 8 0 c e n ts in U n ite d S ta te s m o n e v —t h a t is, a ll d e p re c i­
a tio n boron*! 2 0 p e r c e n t h a s a lr e a d y b een a llo w e d for.
<i P r io r to J u ly 1 ,1 3 9 6 , ta x e s w e re in c lu d e d in e x p e n s e s f o r 1896
o n ly , b u t s in c e th e n th e y h a v e b e e n in c lu d e d f o r b o th 1896 a n d 1895.
e R e s u lts o f c o a l m in in g o p e ra tio n s o n ly .
f A fte r a d d in g o th e r in c o m e i m in S e p te m b e r, 1 8 9 6 , w a s $ 1 0 7 ,7 0 8 ,
a g a in s t 3 9 6 ,5 1 2 , a n d fro m J u ly 1 to S e p te m b e r 3 0 $ 2 5 1 ,9 7 6 , a g a in s t
3 2 o 3 ,8 9 2 .
IS In c lu d in g o th e r in c o m e , th e n e t fro m J a n u a r y 1 to S e p te m b e r 30
w a s $ 3 7 4 3 3 1, a g a in s t $ 2 1 7 ,8 5 4 , a n d fr o m J u l y 1 to S e p te m b e r 3 0 w as
$ 1 5 5 ,3 7 2 . a g a i n s t $ 9 i .8 0 9 .
I» C o n co rd <k M o n tre a l n o t in c lu d e d fo r first s ix m o n th s o f 18 9 5 .
* In c lu d e * h lo a g o 3 ir lin g to n «te N o rth e rn fo r b a t h y e a r s
i In c lu d e * o n ly o n e -h a lf o f lin e s In w h ic h U n io n P a c ific h a s a p a r t
in te r e s t. F ig u re s a re g iv e n e x c lu s iv e o f r e s u lts o n O re g o n R a ilw a y &
N a v ig a tio n , U n io n P a c ific D e n v e r & G u lf. F o r t W o rth A D e n v e r C ity ,
l e a v e n w o rt is T o p e k a «& S o u th w e s te r n a n d M o n ta n a U n i o r .
l I n c lu d e s b e sid e s A tla n tic S y s te m t h e H o u s to n & T e x ts C e n tra l,
A u s tin <k N o rth w e s te r n , C e n tr a l T e x a s *fc N o rth w est e r a a n d F t, W >rth
A N ew O rle a n s,
? F ig u re s fo r 1 8 9 6 do n o t In c lu d e r e s u lts o n \ l b v n y F la . A N o rth e rn
w h ile th o -e fo r 1 8 9 5 in c lu d e th e m to A u g u s t 3 1 o n ly ,
g In c lu d in g in c o m e fr o m f e m e s . Ac.
M is c e lla n e o u s C o m p a n ie s ,
*—— Q rom E a r n in g s .— >.•
N et E a r n i n g s ——
19 9 6 .
1695.
1896.
1895.
$
$
$
$
X d .E l.U I. C o., B illy u S e p t.
6 S.S51
5 7 ,1 3 3
3 0 .7 W
8 0 ,7 8 4
J » a . 1 to 3«t>U 3 0 . . . .
5 8 6 .0 1 3
1 1 0 .6 0 2
3 5 5 ,9 3 4
1 7 0 ,2 8 3
B i n M lE i.lL C o.,97.y. O o t
1 9 3 ,3 2 1
1 0 0 ,1 7 9
8 9 .1 3 2
8 1 ,0 3 9
J a n t to >>d.. U . . . . 1 ,7 7 5 ,0 )2 1 ,5 9 1 .7 0 0
8 3 7 ,2 1 3
7 3 1 ,1 0 1
E d is o n K i.Xl.Cn.St.L 3 « p 2
1 8 ,3 3 5
2 7 ,7 2 0
J ,.n . 1 to
3 0 ...................................................
2 2 1 ,8 7 5
2 3 5 ,1 3 9
E r!‘? T « W g .A T o T ph. C o,—
J u lv 1 t.» S»r<- 3 9 . . , .
3 0 0 ,1 2 3
..............
1 8 1 .1 7 4
............
J.vu. 1 t o S - p t . 3 0 . . .
8 3 0 ,2 9 8
..............
3 6 1 ,5 2 7
O m a n K a o G , . . >'.•> O ot...............................................
ll.7 U
12,163
J » a . I to H ot. 3 1 .........................
9 3 ,6 0 6
8 3 ,1 ) 0
b a M * < k n 4 l, a S . . . 0 U i
...............................
7 2 .1 3 1
8 1 ,682
J liii. 1 to O f t, 3 1 .......................................................
5 9 0 ,1 0 1
6 7 1 ,315
O re g o n Im p . O o .R ...S e p t.
2 1 9 ,9 0 0
2 7 0 ,5 1 7
4 3 ,0 3 1
3 7 ,1 8 9
J a n . I Ut « .p t. 3 0 . . . 2 .1 1 3 ,1 9 0 3 ,1 9 0 .9 1 6
2 1 1 ,0 3 5
2 8 3 .5 7 2
D -n. 1 to X -pi. 3 0 . . . . 2 ,8 8 3 .5 0 7 3 ,1 8 7 .1 1 2
2 )6 ,5 1 7
3 0 5 .1 0 5
F a o ttte M a l i ...........f f n a t,
3 0 7 .5 0 5
3 1 1 .0 3 0
2 9 .7 tH
1 9 ,7 >5
3 .2 7 8 ,m
3 8 1 ,1 1 1
5 7 5 .2 2 9
J . n 1 ’*,
3 0 2 ,9 1 9 .4 0 5
D m . I 60 8, ;.!. :w
. . . 1 ,5 9 ),* 9 1 1 .8 0 8 ,3 1 3
2 1 8 ,1 9 3
3 3 0 ,3 3 9
T e n n . C o al 1. A E R ....O e t...............................................
5 0 ,5 5 9
1.22,331
J a n . 1 to D ot, 3 1 .................................................
0 2 2 ,0 .2
8 2 0 ,3 9 7
W e s te rn G ee C©.—
Mll«raaKi'«< )a»-l»C o..O «t............................................
-10,103
4 5 ,1 9 3
J a n . I to H ot. 3 1 .........................
3 3 6 ,2 7 8
3 1 8 ,1 0 3
I n t e r e s t C h a r g e s a n d H u r p l u s . — T h e f o l l o w i n g r o a d s , in
a d d itio n to th e ir g r o ts a n d n e t e a r n in g s g iv e n in th e fo re g o in g ,
a ls o r e p o r t c h a r g -t f o r i n t e r e s t ,
w ith t h e s u r p lu s o r d e fic it
a b o v e o r b e lo w th o s e c h a r g e e .
- I n u r ’t, r e n ta ls,
—Bod- o f N et S a m . —
1896.
18 9 5 .
1890.
18 9 5.
UfMU'iS.
$
$
$
$
B * tW » r* A rf» « to ;» » 3 * )p t.
2 1 ,9 1 0
1 8 .2 3 1
11,0 5 1
5 92
J a a . 1 to B en i. 3 0 . . .
1 9 0 ,3 1 5
1 6 1 ,1 0 0 ( l o l l , 931
3 ,2 5 2
B uSsSo * 3.1 « | lo ll',. S « p h
1 2 ,8 0 1
1 1 .7 7 2
2 5 ,6 3 8
1 5 .995
J u l y 1 tn .9 =1, 1, 3 0 . . . .
3 3 ,1 * 3
3 1 ,0 0 5
1 7 ,2 0 9
2 8 ,0 7 6
OWo. B a rl.A o m o .t) - 3 ,r,t.
83X 000
8 7 2 .9 5 5
439.0*14
6 0 1 ,9 4 1
J a a . 1 to .Sept. 3 0 . . . . 7 ,9 2 0 ,0 0 0 7 ,9 5 0 ,5 9 0
7 1 0 ,7 1 7
5 2 3 .0 8 2
C h ic a g o A B a it. t i l . .- J u l y
1 1 5 ,9 9 1
1 1 5 ,9 0 9
M l,890
"2 9 ,611
O hio. A W. M ich........8 - v t.
3.4,951
3 8 ,2 1 0
1 1 ,1 0 2
3,274
J a n . 1 t o S e p t 30. ..
3 0 6 .1 3 7
3 0 2 .5 6 5 < lc f.7 l,0 t5 <tef.8 1 ,776
a e r . C t a . C b . * S t.L .8 « p t.
2 3 9 ,7 9 3
2 3 9 .9 1 9
5 2 .7 7 3
1 2 1 .9 1 5
J u ly X to S e p t. . ( d . . . .
7 0 3 ,5 1 1
7 0 3 ,9 1 0
1 2 9 ,1 0 7
2 5 9 ,1 5 0
P o o n a * E a s t e r n . 36, 802
3 0 ,8 0 2
3 ,0 1 1
9,019
J u l y 1 to S e p t. 3 J . . . .
1 1 0 ,1 0 5
1 1 0 .1 0 5 d e f 1 0 ,7 7 9
2 1 ,2 9 9
D e n v e r 4 B io G r ’d e .S e p t.
2 0 0 ,5 2 0
2 0 1 ,3 3 3
12,030
8 5 ,5 3 8
J u L r lM > S « » t. 3 0 — .
5 8 1 ,9 1 9
5 8 5 ,1 1 1
1 7 2 ,0 7 1
2 3 3 ,011
Defc b a a * . * .Nor. ...*> »«.
1 0 .0 0 1
2 9 , <93 d o t 3 .4 13 d e t.2 .3 7 7
J a n , 1 to S a p t. 3 0 . . . .
1 3 7 ,0 1 7
2 1 7 ,5 3 1 d e t.6 8 .2 0 2 d e f.0 2 ,5 5 9
F l i n t * P e rn M a r ....S e p t.
5 1 ,0 0 0
5 1 .0 0 3
9 ,7 1 9
9 .6 3 1
J a n . I to Sep*. 3 0 . . .
1 6 1 ,111
4 5 9 .6 5 0
2 3 ,8 8 6
1 0 ,020
K a n t «•!>:»& M io h .. .3 a p t,
1 0 ,4 7 5
10, 111 ‘iln f.2 ,1 4 8
*305
J n ! v 1 to 3*:pt. 3 0 . . .
3 0 ,3 3 2
3 0 .3 1 1 "d e f.7 ,8 7 1 "d e f.1 ,3 1 3
K a t u O . n . 8 . * « . .. 8 e p t .
1 2 1 ,1 5 5
1 2 1 ,1 2 9
1 3 ,3 1 3
8.719
J u l y X to 8 e p t 3 0 . . .
3 1 9 .3 3 >
3 1 2 .1 3 3
2 2 ,2 3 0
2 3 ,1 7 3
J C a a .C . M em. A B ir.9 « p t.
1 0 ,5 0 7
1 3 ,* 6 7
1 8 .2 1 2 061.6.471
J.n% 1 a
:j.) . . .
4 9 ,5 2 1
11,0 0 1
2 0 ,4 7 6 407.23,7 a )
U E r te A W e s tf a .-S e o t
5 3 .7 1 9
6 0 .1 4 3
6 3 .9 9 1
81 .378
f it 1 r
> .
6 2 1 ,6 1 2
5 2 1 .5 0 7
5 5 0 .5 3 2
6 2 1 ,2 1 2
Stash v. C h it. * 8tȣi ,O e t.
1 2 1 ,9 3 1
1 2 5 ,2 2 5
,1 .4 2 1
7 1 ,7 9 9
J u ly 1 tn O et. 3 t . . . .
4 9 9 ,9 2 1
500,3*9)
192259
2 2 1 ,1 3 1
P i t t s n , n . A m . L ..O a t,
2 1 0 ,9 1 7
2 3 1 .9 1 3 4 * f.3 .1 3 7
2 0 1 .0 3 5
J a a . 1 to O c t 3 1 ........ 2 ,0 5 5 .8 5 5 2 ,5 8 6 ,1 1 8
4 7 0 .8 3 9
8 3 1 ,020
BIO G ra n d e s n a t h . .. S e p t .
1 3 .9 6 0
1 4 .3 4 3
2 ,6 1 3
9 .« |8
J u ly 1 to s le p t 3 0 . . .
4 1 .1 2 7
1 3 .1 3 7
9 ,2 5 5
2 3 ,9 2 0
8 * n P r a a . vfc J fo .P a o .-0 4 t.
19,1 0 4
1 3 .2 1 2
1 0 ,9 3 t
J a n l toG* t. 3 1 . . . .
1 3 3 ,3 5 9
18 b i l l ?
1 1 .6 8 2
4 6 .1 3 1
J a l y 1 to O ct. 3 1 ___
7 0 ,4 1 7
7 0 ,3 5 0
4 6 ,2 1 3
0 1 ,1 9 9
T e n n . C oal I. A K B ...O o t.
17,834
1 8 .7 3 5
, 2 .6 7 4
7 3 .5 |9
J a n . 1 to O ot. 3 1 ........
4 7 8 .8 1 0
4 9 3 ,3 1 >
1 4 3 .7 7 2
3 -2 ,0 7 2
T o le d o A O. O u t .......-Sept,
3 1 ,1 8 9
3 3 ,2 1 1
* 4 .J» 0
*20,470
J u ly I to S e p t 3 0 . . .
101.3 72
1 1 9 .5 1 7
*1,300
84.97J
T o led o p..o. A W * « . SopK
2 1 ,9 7 2
2 0 .3 3 1 ,
3 ,7 9 2
6 .1 0 9
01,1*53 d e f. 7 ,7 8 9
o,09O
* A l te r a lio w in g to r o th e r 1no o tn e re c e iv e d .

919

f i r i i f i E f tS 4 .lL tVAKs 1 VD f t t U i i ’I i M O j tf C A U I E S .
T h e fo llo w in g ta b le 3how s th e g r o s s e a rn in g s fo r th e l a t e s t
p eriod o f a ll s t r e e t ra ilw a y s fro m w h ic h w e a re a b le to obtain*
w eakly o r m o n th ly re tu rn s , T a e a rra n g e m e n t o f th e ta b le is
the sa m e a s th a t fo r th e s te a m r o a d ) —t h a t is, th e firs t t w o
co lu m n s of fig u res give th e gross e a rn in g s fo r th e la te s t
w eek o r m o n th , a n d th e la s t tw o c o lu tn is th e e a rn in g s fo r
the c a le n d a r y e a r fro m J a n u a r y 1 to a n d in c lu d in g snob la te s t
w eek o r m o n th .
street

raelw avt

13*) r a n p t o N

L a te st Gross E a r n in g s .
W eek o r Mo
A sro n B a i l 'd * Ctev. O c to b er. ..
A kcoa S t.R y .A III. Co S e p te m b ’r.
A U ent’n * L sh . T r 't ’u M ay............
A m s te rd a m S t, B y. . S e p te m b ’r.
A n le r s 'u 8 t. R y .( [ a d ) O c to b er. ..
A tla n ta B atlw aj*......... O c to b er. ..
A u ro ra S t. Ry. (Ilia.), O c to b e r .. .
d a ttim o r e T r a c tio n ... O c to b e r ...
B ath S t. By. (N. M il.. S e p te m b ’r.
B ay C itie s C on*ol___ O c to b e r* ..
S in g h a m to a S t, R y ... O c to b e r ...
B rid g e p o rt T ra o tlo n . O c to b e r ...
d ro o k to n Con. S t. By. S e p te u tb ’r.
B ro o k ly n E l e v a t e ! . J u l y ............
B r'k ly a R ip .T r. 0 >. R ro o k ly a H a ig h ts .. O c to b e r .. .
B.-’k ly n <)n’na & Sub O c to b e r ...
T o ta l l o r s y s te m . O c to b e r ...
Buffalo R y ................... S e p te m b ’r.
C h e s te r T r a c tio n ........ O c to b er. ..
Ohio. A So. S id e R .T .. S e p te m b ’r.
Oln. N e w p o r t - C o r.. A u g u s t___
C ity Elec*. (R om e.G a.) O c to b e r ...
O le v elan d C ity By___ A u g u st.
C leveland E l e c tr ic ... S e p te in b 'r.
C leve. P a lu s v .A E ___ O c to b e r
O olum bus S t. R v. (t).( 1 st wK N ov
O oaey Is la n d at B 'lv u . O c to b e r ...
C onsol. T ra c tio n . N7J S e p te m b ’r,
D*tuv. G as El, L lg n t &
S tr e o t R y................... A u g u s t___
D a y to n T r a c tio n ......... A u g u s t___
D e n v e r C on. T ram w . O c to b e r. ..
D e tro it R y ...... .............. O c to b er. ..
D u lu th S t. R y............... S e p te m b ’r.
E a te i'p . RR. (Chas'i*. Ju ly ..........
E ric E lse. M otor C o .. S e p te m b T ,
F o r t W a y no C o n so l... J u ly ..........
D a lv e s to u C ity R y .. S e p te m b ’r.
a e r k ttu e r M ohaw k liio n v. f k fo r t 151.R y . O c to b e r ...
H ln g 'm (M ass.) 8. R y. J u l y ............
S o o s ic k R y ................... O c to b e r ...
H o u sto n C ity Bt. tty , . O c to b e r ...
I n te r s ta te C onsol, oi
.Sorti* A t t le b o r o .... O c to b er,
K in g sto n C ity R y ........ O c to b e r .. .
L e h ig h T ra c tio n ........ O c to b e r ,..
L o n d o n S t R y. (C a n .). O c to b e r ...
L ouis v tlle R a ilw a y . . . A u g u s t—
L o w ell L a w . A H a y .. S e p te m b T .
L v a n & B o s to n ............ la tw k N ov
m a tro p . (K a n sa s Ci r,v 1 O c to b er.
K an . C ity E le y . Ry. O c to b e r. ..
T o t a l .............. .
. 2d w k N ov
M o n tg o m e ry 8 t. R y O c to b er.
M o n tre al S tr e e t R v .. . O c to b er.
N a s s a u Bloc. (B ’itlyn) O c to b e r .. .
N ew b u rg h E l e c tr ic ... O c to b e r .. .
New E n g la n d S t.—
W in c h e s te r A v e ___ O c to b er. ..
P ly m 'th A K in g s to n O c to b er. ..
T o t a l ......................... 1 s t w k Nov
N e w H a v e n & C eu trev , O c to b er.
S e w L o n d o n S t, R y .. O c to b er.
N ew O rle a n s T rao tlo n O c to b er.
N, X. & Q u e en s O’y ... O c to b e r ...
O g d e n s b u rg S t. B y .. . S e p te m b ’r,
P a te rs o n R , ................ O c to b er. ..
P o'K eepsie A W apo. F. A u g u st.
R ap id Ry. (D e tro it).. S e p te m b T .
R o iu o k e S tr e e t........... *A u g u s t----R o ch e ste r Ry.
S e p te m b T .
S c h u y lk ill T r a c tio n ... O c to b e r. ..
Sonnylfel« '*al. T ru e ,. O c to b er. ..
S o ra o to u A P ltts to u .. 3 e .d e tn b T ,
S c ra n to n T r a c tio n . .. O c to b er. ..
S econd A ve, (P itts b .) O c to b e r. ..
S io u x O ity T r a c tio n .. S e p te m b T .
S y ra o u se B’s t-S id e liy O c to b e r, ..
S y ra c u s e R a p . T r. Ry. O c to b er.
T erre H a u te E l’c. R y M ay............
T hird A ve, (N. X.) . . . SeptembT*.
T o ro n to R y . ................ O c to b er. ..
T w in O ity R ap . T ra n . S e p te m b T .
O n io n (N. B e d fo rd )... O c to b er.
U n ite d T r a c t. (P ro v o A u g u s t----U n it. T rao . (R eading) O c to b er. ..
W akeiiald & s to n e ___ O c to b e r ...
W a te rb u ry T r a c tio n ., O c to b e r ...
W h ee lin g R a ilw a y ... S e p te m b T .
W ilkeeb. A W y. Valley O c to b e r ...
W ilm in g to n St. R y ... SeptembT*.
W oroester C onsol------ Jul y..........
W o rc e s te r S n b .S t. B y. S e p te m b T .

1896,

1895

c o m p a n ie s .

Ia n . X to L a te s t D ate
1896.

1895.

83,977
157,549
80,744
3 7 ,4 5 0

1 3 6 ,9 2 1
72,2*23
3 5 ,2 5 1

,05*2,908
16,103
76,915
122,082
2 72,716
2 34,694
.010,526

96 5 ,4 6 1
1 6 ,125
7 4 ,8 8 1
106,736.
254,415
2 0 6 ,2 1 3
,2 8 2 ,4 5 4

$

10,590
1,884
17,116 16,265
21,234 19,119
3,910
4,2 3 5
1,685
3,309
8.137
6,582
1,787
5,500
100,5 1 s 98,500
2,112
1.921
6,6 9 6
6,985
10,385
9,388
24,511 25,970
31,315 2-9,118
127,911) 159,743

373,982 361,938 3,670,896 3,201,69863,444 5 6 ,513 6 0 0 ,3 9 ) 5 09,191
136,426 4 18,489 4,271.292 3 ,7 1 0 ,8 8 9
1,031,23 7 9 8 5 ,7 9 9
16,101 17,094
176,722 1 7 5 ,4 5 1
50,945 5 2 ,407 5 1 9 ,6 )3 5 3 8 ,5 9 2
62,976 6 2 ,7 3 6 4 3 3 ,3 7 7 4 0 5 ,3 7 1
1,553
1 7 ,2 (8
113,394 100.062 7 6 2 .6 3 4
131.922 134,237 1,238,863
7,158
11,747 12,04" 530.910 M i.9 1 6
24,101 25,367 *297.771 3 3 5 ,7 5 3
2 45,538 2,09 2 ,7 5 6 1,869,635
64,655
5.914
7 1 ,312 68.101
3 l , *195 22,402
18,970 19 ,6 6 )
1,331
4,857
11,5 36 15,013
1 9 ,282 13,012
19,113 20,003
3,290
9,8 0 0
600
1 3 ,714
9,8 7 1
1,5 9 2
9,729
7,396
103.061
3 5 ,771
24,325
155,283
15,432
30,692
4,6 1 0
109,111
1*29,662
6,117
1 6 ,299
2,4 8 7

ifs l
3.2 5 5

Ifo ill

3,302

114,2*8*7
6 6 ,7 9 0
1 67,006

35,571

17*346
8,671
4,136

1 04,234

1 0 i:8 5 7
•46,542
79,953
"K O ea
103*,6i7
4 7 ,1 9 0 32 ",674 332:6*0*1
23.508 1,250,721 1,22 1 ,4 1 8
152,819
16.509
3 2 ,2 8 3 1,559,727 1,517 ,2 9 6
4,840
4 2 ,1 2 7
4 7 ,2 )3
102,206 L,0 7 2 ,0 4 4 9 5 6 ,1 5 7
2 3,747
6,278
16.286
2,087

2 1 4 ,3 4 6
2 9 ,237

201,249*
2 6 ,3 4 8

4 ,0 1 7

4 0 :2 5 2
47",3*6*4
4.769
4 7 ,305
3,071
4 5 ,6 1 3
1 2 1 ,5 1 8 1,107,311 ,1 0 7 ,9 2 7

9.054

7 ,4 1 0
3,9 1 8

3*2,21
4 2 ,382
6 ,9 2 0
2,901
3 2 ,3 0 3
13,777

26,417
39,008
7,708
3,044
35,024
12,848

168,980
13,472
3,776
20,348
14,000
41,081
3,458
4S.538
14,291

118,093
9 5 ,514
1 61,692

" 7”233

"533
2 1 ,613 2 5 ,3 8 5
9,0 2 2 10,406
8,420
3,892 •*4,023

M1 7 ,M
01a

6 0 4 ,2 8 7
167,88*8

18,3*4*6!
270,1.03 248,269*
5 7 ,790
2 7 ,590
652,373,
81,869
54,1 1 6 '

2 3 ,979
6 4 7 ,0 6 5
7 5 ,982
4 0 ,4 8 8

296:554
427,445
5 9 ,379

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

60,950
4 7 ,9 6 0
2,000,858 1,998,723
7 8 ,963 8 28,797 821,051
185,846 L,547;735 1,460,284
15,507 176,7o9 1 54,845
160,316 1,165,428 1,066,329
16,317 1 64,241 158,85649,583
4 7 ,923
4,109
21,587 2 01,380 2 0 0 ,6 2 2
1 11,456
12, 6*22 1 2 6 ,)5 5
40,463 4 2 0 ,6 0 3 3 6 7 ,7 0 4
3.092
4 2 ,573 284*,6*0*3 2*39:2*14.

* O n a c c o u n t o f a b re a k d o w n ro a d r a n f o r o n ly 10 d a y s in S e p te m b e r.

s t r e e t Railway f la t Eardifigs.—I o t i e follo w in g wa sh o w
b o th tile g ro s i a m i th e n e t e a rn in g s to la te s t d a te s of all Si r je t
ra ilw a y s fro m w h ic h w e h a v e baen ab le to p ro c u re m o u ta ly
re tu rn s . A s in th e case of th e ste a m ro a d s, t t u re tu r n s of th e
d iffe re n t ro a d s a re p ublished by us e a c h w eek as soon as r e ­
ceiv ed , a n d o n ce a m o n th (on th e t h ir d o r th e fo u rth S a t u r ­
d a y of th e m o u th ) w e b rin g all th e ro a d s re p o rtin g to g e th e r,
as is doae to -d tv . W a a d d also th o se ro id s w h ic h m ak e
q u a r te r ly re p o rts .

THE CHRONICLE

920
R oads.
A lb a n y R a ilw a y —
J u ly 1 to S e p t. 3 0 —
J a n . 1 to S e p t 3 0 . . . .
A k ro n Bed. & C lev...O cfc.

-G ross E a r ru n g s.18 9 6 .
18 9 5 .
$
$
1 4 9 ,6 5 0
4 1 3 ,9 8 1
1 0 ,5 9 0
8 3 .9 7 7
1 7 ,4 4 6
1 5 7 .5 4 9
3 ,9 1 0
3 7 ,4 5 0
4 ,6 6 5
6 ,5 9 2
3 1 ,6 3 0
4 ,7 8 7
4 0 ,0 1 1
1 ,9 2 1
1 6 ,1 0 8
6 .9 S 5
7 6 ,9 1 5
1 0 ,3 8 5
1 2 2 ,0 8 2
5 6 ,4 7 9
2 4 ,5 1 4
2 7 2 ,7 6 6
3 1 ,3 4 5
2 3 9 ,6 9 4

A k ro n s t.R y .& Ill.C o .S e p t.
J a n . 1 to S e p t. 3 0 ----A m s te rd a m S t. R y ...S e p t.
J a n . 1 to S e p t. 3 0 . . . .
A n d e rs o n E le o (In d .)O o t.
A tla n ta R a ilw a y ........O ot.
J u ly 1 to O ot. 3 1 ........
A u ro ra S t R y . (111.)..Oot.
A p r. X to O ot. 3 1 ........
B a th S tr e e t R y .........S e p t.
J a n . 1 to S e p t. 3 0 . . . ,
B ay C itie s C o n so l---- O ot.
J a u . 1 to O c t 3 1 ........
B in g h a m to n S t. Ry...Ocfc
J a n . 1 to O ct. 3 1 ........
J u ly 1 to O ot. 3 1 ........
B rid g e p o rt f r a c t ’n . . O ct.
j a n . 1 to O c t. 3 1 ........
B ro c k to n C o n .S t. R y .S ep t.
J a n . 1 to S e p t. 3 0 . . . .
B ’k lv n C ity & N e w to w n —
1 2 6 ,0 5 0
J u ly 1 to S e p t. 3 0 ___
3 9 9 ,^ 7 9
J a n . 1 to S e p t. 3 0 . . . .
1 2 7 ,9 1 0
B ro o k ly n E le v a te d a J u ly
J a n . 1 t o J u ly 3 1 ----- 1 .0 4 0 ,5 2 6
B ro o k ly n H e ig h ts —
J u ly 1 to S e p t. 3 0 . . . . 1 ,1 8 9 ,8 7 1
J a n . 1 to S e p t. 3 0 . . . . 3 ,2 9 6 ,9 1 4
B ’k lv n Q u e e n s Co. & S ub.2 0 1 ,8 0 6
*
J u ly 1 to S e p t. 3 0 —
5 3 7 ,9 5 2
J a n . 1 to S e p t. 3 0 ___
B u ffalo & N . E . E le c . R y .J u ly 1 to S e p t. 3 0 . . . .
5 4 ,5 2 7
B u ffa lo R a ilw a y —
J u l y 1 to S e p t. 3 0 . . . .
3 5 0 ,7 2 8
J a n . 1 to S e p t. 3 0 . . . . 1 ,0 3 1 ,2 3 7
C e n tr a l C ro s sto w n (N. Y.)
J u l y 1 to S e p t. 3 0 ----1 3 5 ,4 0 4
J a n . 1 to S e p t. 3 0 . . . .
4 1 9 ,2 4 7
1 6 ,1 0 1
C h e s te r (P a.) T r a c t...O o t.
1 7 6 ,7 2 2
J a n . 1 to O ot. 3 1 ........
5 0 ,9 4 5
Ohio. & So. S id e R .T .S e p t,
5 1 9 ,6 6 3
J a n . 1 to S e p t. 3 0 . . . .
6 2 .9 7 6
O lnn. N e w p . & C o v .. Aug.
J a n . 1 to A u g . 3 1 . . . .
4 3 6 ,3 7 7
1 ,5 5 3
C ity E ie c . (R o m e ,G a .).O c t.
17,2 1 8
J a n . 1 to O ct. 3 1 ........
1 5 2 ,9 6 1
C le v e la n d E le o tr io ..A u g .
J a n . 1 to A ug. 3 1 ---- 1 ,1 0 3 ,9 4 1
7 ,1 5 8
C lev. P . & E a s t ............O ot.
4 8 ,1 3 6
C o lu m b u s (0 .) S t. Ry. .O o t.
5 3 0 ,7 2 2
J a n . 1 to O ot. 3 1 . . . . .
C o n ey I s la n d & B ’k ly n .—
1 1 4 ,6 6 6
J u l y 1 to S e p t. SO—
2 7 3 ,3 0 9
J a n . 1 to S e p t. 3 0 . . . .
C o nsol. T r a c tio n (N .J.)—
J a n . 1 to S e p t. 3 0 . . . . 2 ,0 9 2 ,7 5 6
C ro s sto w n S t. R R . (B u ffalo )—
1 2 6 ,8 2 1
J u ly 1 to S e p t. 3 0 ___
D a n v .G a s EI.-L.& S t. R y .J a n . 1 to A ug. 3 1 ___
6 4 ,6 5 5
5 ,9 1 4
D a y to n , 0 ., T r a e -----A ug.
7 1 .3 1 2
D e n v e r C o n .T ra m w .. O ot.
6 1 3 ,5 5 5
J a n . 1 to O ct. 3 1 ........
D e tr o it R a ilw a y ......... O ot.
3 4 ,6 *5
3 5 6 ,4 6 2
J a n . 1 to O ot. 3 1 ___ _
D r y D ock E . B. & B a t t . —
J u l y 1 to S e p t. 3 0 ___
1 8 7 ,7 8 5
J a n . 1 to S e p t. 3 0 ........
5 4 7 ,5 8 9
D u lu th S tr e e t R y ....8 e p t.
1 8 ,9 7 0
J a n . 1 to S e p t. 3 0 . . . .
1 6 5 ,8 1 3
E n te r p r is e R R . (C h a sm )—
4 ,3 3 1
J u l y .......... ................ ..
F t W ay n e C o n .S t.R y . J u ly
1 9 ,2 8 2
J a n . 1 to J u ly 3 1 . . . .
9 5 ,5 1 1
F o rtv -8 e o .S t. M anh. &St. N . A v e .—
J u ly 1 to S e p t. 3 0 . . .
1 8 3 ,3 0 0
1 9 ,1 4 8
G a lv e s to n C ity R y .. .S e p t.
J a n . 1 to S e p t. 3 0 ___
1 6 1 ,6 9 2
H e r k im e r M o h aw k Ilio n
A F r a n k . El. R y . . . . O c t
3 ,2 9 0
J a n . 1 to JO et. 3 1 ........
3 5 ,5 7 L
I n te r - S ta te C onsol. S tr e e t
R y . (No. A ttle b ) . .. O c t .
9 ,8 7 4
1 0 4 ,2 8 4
J a n . 1 to O ct. 3 1 -----9 ,7 2 9
L e h ig h T r a c tio n ........ O ot.
1 0 1 ,8 5 7
J a n . 1 to O et. 3 1 ........
J u l y 1 to O ot. 3 1 ........
4 4 ,6 0 7
7 ,3 9 6
L o n d o n S t.R y .(C a n .)_ O ct.
7 9 ,9 5 3
J a n . 1 to O ot. 3 1 ........
L o u isv ille R ailw ay . A ug.
1 0 3 ,0 6 1
3 5 ,7 7 4
L o w e ll L a w r’e e * IT. S ep t.
3 2 1 ,0 2 4
J a n . 1 to S e p t. 3 0 ___
L y n n <fc B o s t o n .........A ug.
1 7 5 ,5 6 3
J a n . 1 t o A u g . 3 1 ___
9 8 9 ,7 7 5
M a n h a tta n E l e v a te d —
J u l y 1 to S e p t. 3 0 ___ 1 ,9 6 0 .4 9 8
J a n . 1 to S j p t. 3 0 ___ 6 .6 4 5 ,1 2 2
1.55,283
M e tro p ’n S t R v .,K .C .O c t.
7 4 9 ,2 6 1
J u n e l to O c t. 3 1 __
1 5 ,4 8 2
K a n s a s C ity E l e v . . .O c t.
J u n e 1 to O ct. 3 1 ___
5 5 ,9 3 8
1 7 0 ,7 6 5
T o ta l............................ O ct.
J a n . 1 to <'oc. 3 0 ........ 1 ,4 9 7 ,2 0 9
J u n e I t o O ot. 3 0 .
8 0 5 ,1 9 9
M e tro p o lita n S t R y .(N .Y .)—
J u l y 1 to S e p t. 3 0 ___ 2 ,1 3 7 ,1 0 9
J a n . 1 to S e p t. 3 0 . . . . 6 ,1 0 9 ,4 4 1

' OL. LA 11 .]

-N et E a r n i n g s ----1895.
1896.
9
$

— G ross E a r n in g s .
- N e t E a m m ^ n .----1896.
1895.
1895.
1896.
Ronds.
*
$
*
M o n tg o m e ry sc. K y ..O et.
4,6 1 0
4,6 4 0
2 ,5 ^ 1
2 ,5 2 L
6 1,194
5 6 ,9 2 '
1 4 3 ,1 4 7
J a n . 1 to O ct. 3 1 . . . .
4 7 ,7 9 3
1 8 .8 7 2
4 2 ,1 2 7
2 4 ,6 0 5
1 5 7 ,0 1 3 N e w b u rg E le c R y ...O c t.
3 8 7 .4 0 5
1 4 1 ,5 3 4
6.117
d e f.6 3 5
6.278
1,6 8 0
J u l y 1 to O ct. 3 1 ........
4 ,9 3 4
1.8 8 4
—
3 9 ,0 3 4
2 1 ,4 4 3
4 6 ,6 1 4
1 9 ,9 6 5
3,2 5 5
747
N ew L o n d o n S t B y .O c t..
3,071
774
6 ,4 3 3
2,811
J a n . 1 to O ct. 3 1 ___ _
1 6 ,2 6 5
1 7 .7 8 3
4 7 ,3 0 5
4 5 ,6 3 3
1 8 ,868
5 7 ,2 9 4 N ew O rle a n s T ra o t.-S e p t.
6 4 ,1 0 1
1 3 6 ,9 2 1
4 9 ,5 5 0
9 8 ,8 0 2
1 11,648
4 3 ,0 2 8
1 ,1 2 0
774
J a n . 1 to S e p t. 3 ) ___ : ,0 0 4 ,4 7 3
4 .2 3 5
4 1 0 ,5 8 0
9 S 6 .4 0 9
4 3 4 ,7 6 1
8 ,3 2 9
5 ,2 8 8 N ew Y o rk & H a r le m —
3 5 ,2 5 1
1 ,2 0 0
2 ,4 3 4
2 0 2 ,2 7 9
J u ly 1 to S e p t. 3 0 . . . .
3 ,3 0 8
6 0 ,9 1 6
1 9 7 ,6 2 8
10 1 ,5 5 6
J a n . 1 to S e p t. 3 0 __
2 2 3 ,0 8 2
6 7 7 ,7 9 6
7 5 2 ,5 5 8
2 5 1 ,4 5 9
1 ,7 2 0
$ 2,262
. 8 ,1 3 7
N. Y. & Q u e e n s Co. R y .—
8 ,4 7 7
J u l y i to S e p t 3 0 ___
1 3 4 ,9 9 7
5 2 ,7 0 9
76
74
5 ,5 0 0
4 ,3 6 9 P a te rs o n R a ilw a y . ...O c t.
4 0 ,1 2 9
2 4 ,6 1 3
1 0 ,8 8 3
5 ,9 1 7
2 5 ,3 8 5
7,751
J
a
n
.
1
to
O
ct.
3
1
........
2
7
0
,1
0
3
2
4
9
,2
6
9
1 0 5 ,1 2 9
1 10,815
6 73
872
2 ,1 1 2
5 .0 0 2 P ’k’ps.C ity& W F a lls.A u g .
9 ,0 2 2
3,5
1
2
1 6 ,1 2 5
5 ,5 2 6
10,406
5 ,5 9 4
5 7 ,7 9 0
J a n . 1 to A ug. 3 1 . . . .
2 4 ,3 1 5
6,6.96
2 ,8 8 4
2 .2 5 3
2 6 ,016 R ap id R y . (D e tro it) —
2 8 ,4 7 4
7 4 ,8 8 1
7 0 ,1 7 2
3 3 .5 4 2
S e p t. 1 to A ug. 3 1 . . . .
3 ,3 2 9
3 ,8 8 6
9 .3 8 8
4 4 ,9 2 4 R ic h m o n d T r a c tio n —
5 4 ,3 7 6
1 0 6 ,7 3 6
3 9 ,0 0 3
25 8 65
2 4 ,5 0 0
J u n e 1 9 to O c t. 1 9 . . . .
6 0 ,2 7 7
4 4 ,5 0 0
1 2 .4 0 3 R o c h e s te r R a ilw a y —
9 ,0 8 8
2 5 ,9 7 6
1 2 5 ,0 8 4
1 0 3 ,2 8 3
1 2 5 ,7 4 0
8 5 ,4 7 4
J u ly 1 to S e p t. 3 0 . . . .
2 5 1 ,4 1 5
2 2 4 ,7 7 7
2 1 9 ,7 9 8
2 5 5 ,4 3 9
2 0 1 ,3 6 9
J a u . 1 to S e p t. 3 0 ___
6 5 2 ,3 7 3
6 4 7 ,0 6 5
1 2 ,5 7 2
1 0 ,675
2 9 ,1 1 8
8 4 ,4 0 6 S c h u y lk ill T r a c tio n ..O c t,
t ’2 ,4 8 4
13,920
2 0 6 ,2 1 3
9 7 ,9 5 0
9 ,0 5 4
7 ,4 1 0
t2 7 ,9 2 7
7 5 ,9 8 2
134,882
J a n . 1 to O ct. 3 1 ........
8 1 .8 8 9
1 3 7 ,8 0 1
5 5 .5 0 5 8 o ra n to n T r a c tio n ...O o t.
4 9 ,2 3 5
1 2 ,9 7 8
2 6 ,4 1 7
1 6 ,1 9 3
3 2 ,2 1 6
1 6 7 ,971
4 5 2 ,6 0 5
1 1 3 .8 1 2
1 6 0 .6 6 9
1 3 7 ,5 8 3
2 4 3 ,4 3 2
2 9 0 ,5 5 4
5 9 ,4 8 9
5 8 ,8 6 7
12 8 ,7 7 7
1 1 2 ,6 6 5
1 5 9 ,7 4 5
4 5 ,4 2 8
6 7 ,7 9 8
5 8 9 ,6 7 0 8 c r a a to n & P it s to n .S e p t.
1 ,2 8 2 ,4 5 4
4 1 4 ,1 8 5
2 ,5 0 4
6 ,0 5 8
J u ly 1 to S e p t. 3 0 . . . ,
1 9 ,3 5 2
9’02 8
5 1 1 ,9 2 3 S e c o n d A ve. (N. Y .)—
1 ,1 5 0 ,2 8 5
5 1 6 ,3 6 5
2 ,8 3 9 ,7 4 2 1 ,3 9 6 ,7 4 3
8 8 ,2 5 3
7 9 5 ,3 2 8
J u l y 1 to S e p t. 3 0 . . . .
2 1 9 ,0 5 2
2 7 5 ,9 2 1
6 5 ,1 3 8
1 7 2 ,7 6 3
J a n . 1 to S e p t. 3 0 . . . .
6 1 7 ,5 2 2
7 1 9 ,9 9 1
1 5 0 ,5 5 6
8 1 ,2 4 2 S io u x C ity T r a c tio n .S e p t.
1 8 9 ,5 9 0
2 ,1 3 3
8 8 .3 1 3
1,1
9
2
6 ,9 2 0
7,7 0 8
1 4 0 ,8 5 6
4 5 2 ,6 7 8
2 0 3 ,7 5 3
7 ,1 5 7
9 ,7 7 2
J a n . 1 to 8 e p t. 3 0 ___
5 8 ,2 3 0
5 9 ,3 7 9
So. B o u le v a r d R R .(N .Y .)—
3 5 ,9 3 6
c529
1 6 ,6 4 4
1 1 ,3 3 2
J u l y 1 to S e p t. 3 0 ___
c 2 ,0 5 6
T h ird A v e .R R (N .Y .) —
1 7 8 ,5 5 2
1 8 3 ,9 6 1
3 4 8 ,0 3 8
3 5 8 ,7 6 1
J u ly 1 to S e p t. 3 0 . . .
7 2 5 ,7 1 9
3 5 8 .9 4 1
7 0 7 .9 1 3
9 8 5 ,7 9 9
5 0 1 ,3 7 6
9 0 9 ,2 2 4
5 0 7 ,7 7 1
9 4 1 ,9 8 5
J a u . 1 to S e p t. 3 0 . . . . S1,000,8 >8 1 ,9 9 8 ,7 2 3
3 3 ,9 6 4
3 6 ,9 1 0
T o r o n to R y ..................O c t.
7 8 .1 9 4
7 8 ,9 6 3
1 2 8 .7 7 7
3 1 ,3 6 2
3 2 ,8 6 0
4 1 1 ,3 5 6
4 0 1 ,8 3 0
8 2 8 ,7 9 7
8 2 4 ,0 5 1
1 1 7 .8 5 9
3 9 4 ,7 0 7
1 1 5 ,0 6 0
T ro y C ity —
7 ,2 3 3
1 7 ,0 9 4
8 ,6 7 0
6 8 ,4 4 1
7 2 ,2 7 0
J u ly t to S e p t. 3 0 . . . .
1 3 8 ,9 8 0
1 38,418
1 7 5 ,4 5 1
9 1 ,4 6 5
9 0 ,4 9 9
1 7 9 ,8 8 8
3 8 9 ,6 8 0
1 8 3 ,6 2 5
J a n . 1 to S e p t. 3 0 ___
3 6 1 ,8 0 7
5 2 .4 0 7
1 7 ,2 9 0
1 0 ,7 4 T w in C ity R a p id T r .S e p t.
1 1 5 ,5 9 0
1 5 3 ,2 4 2
2 3 2 ,3 9 7
18 5 ,8 4 6
129, 2 <
5 3 8 ,5 9 2
1 7 3 ,0 1 4
8 3 0 ,3 0 7
8 8 7 ,6 1 8
J a n . 1 to S e p t. 3 0 ___ 1,547,735 1 ,4 6 6 ,2 8 4
2 8 ,6 0 2 U n io n R y . (N. Y )—
6 2 ,7 3 6
2 3 ,1 3 3
1 3 4 ,2 1 2
1 3 0 ,6 9 4
4 0 5 ,3 7 1
6 0 ,8 0 6
8
0
,0
1
2
J u ly 1 to S e p t. 3 0 . . .
1 5 5 ,5 1 1
1 3 5 ,3 7 6
1 3 9 ,2 0 3
1 7 2 ,8 0 6
3 9 7 ,8 0 7
3 3 7 ,4 2 7
J a n . 1 to S e p t. 3 0 . . . .
159
4 ,0 3 7
8 ,2 6 7
1 1 ,4 8 6
2 1 ,5 8 7
2 0 ,3 4 8
W a te rb u ry T r a c t'll...O o t.
2 0 1 ,3 8 0
2 0 0 ,6 2 2
9 4 ,4 1 5
6 3 ,5 4 6
5 8 ,1 2 0
1 4 0 ,7 3 8
..............
3 4 3 ,3 4 4
9 6 9 ,7 2 4
3 8 3 .2 7 5
)1 5 .6 9 4
3 8 ,1 5 2
J u ly 1 to S e p t. 3 0 . . . .
4 1 ,7 5 0
1 9 ,5 9 8
3 ,0 9 2
. . . . . ..
2 6 ,1 5 6
3 2 ,6 0 8
J a n . 1 to S e p t. 3 0 —
1 0 0 , >80
8 6 ,7 8 5
2 5 ,2 5 2
5 2 ,0 5 8
2 4 ,0 5 9
2 0 ,9 4 5
4 4 ,0 3 1
2 4 ,5 4 5
4 0 .4 6 3
2 7 2 ,0 4 1
5 2 4 ,8 5 7
2 6 8 ,6 2 0 W U kesb.& W y. Vy. T r..O c t.
1 9 5 ,2 7 1
2 2 4 ,9 7 3
3 6 7 ,7 0 4
J a n . 1 to O c t. 3 1 ........
4 2 0 ,6 0 3
1,329
1,402
3 ,0 9 2
3,4 5 8
1 3 4 .7 6 0
7 2 ,9 9 3 W ilm in g to n S t. R y . .S e p t.
5 1 ,1 8 8 ,
1 4 .3 1 4
1 6 ,H 9
4 2 , ->73
4 8 ,5 9 8
3 1 b ,3 8 6
1 0 2 ,2 8 6
1 2 7 ,9 5 6 W o rc e ste r C o n s o l.. .J u ly
6 7 ,0 3 0
7 3 ,8 0 4
2 8 4 ,0 5 3
2 3 9 ,2 1 4
J a n . 1 to J u ly 31 . . .
5,153
1 4 ,2 9 1
W o rc e s te r & S u b .S t..S e p t.
1 ,8 6 9 ,6 3 5
9 9 4 ,4 8 0
a N e t e a r n in g s h e r e g iv e n a r e a f t e r d e d u c tin g ta x e s ,
4 3 ,0 6 2
4 5 ,4 3 9
1 0 4 ,9 0 9
b N e t e a r n in g s h e re g iv e n a r e b e fo re d e d u c tin g ta x e s ,
c F ig u r e s f o r 1895 a r e fr o m A u g u s t 20.
* A fte r d e d u c tin g n o t o n ly e x p e n s e s a n d ta x e s , b a t in t e r e s t a n d
.... ...
3 0 ,5 6 5
c
h
a r g e s o f e v e r y k in d .
4 ,1 2 0
t N e t e a r n in g s a r e a f te r d e d u c tin g t a x e s a n d fire a n d a c c id e n t i n s u r ­
6 8 ,1 0 3
3 1 ,4 8 8
2 8 .3 8 7 a n c e . $ E x p o s itio n in A tla n ta i n 1895.
2 3 5 ,0 5 7
6 0 4 ,2 8 7
2 3 1 ,7 3 5
Interest Charges and Surplus.
2 2 ,4 0 2
1 4 ,3 4 9
7 ,3 0 9
w i n t e r ’t, r e n ta ls , <£c.—* B a l. o f N et E a r n s .—*
1 1 3 .3 2 5
.. .....
1896.
1895.
1895.
1896.
R o a d s.
$
9
$
9
5 3 ,5 7 1
1 9 6 ,7 5 5
4 8 ,8 4 8
D
a
n
v
.
G
a
s,
EL
L
’h
t
&
S
t.
R
y
.—
1 4 0 ,2 8 4
1 3 1 ,6 7 4
5 5 1 ,0 3 0
18,565
J a n . 1 to A ug. 3 1 ---1 2 ,0 0 0
1 0 .-5 H
1 9 ,6 6 9
9 ,9 0 1
1 3 ,6 6 0
1 7 ,4 9 0
1 0 ,« 9 7
1 7 ,828
8 6 ,7 6 9 D e n v e r C o n .T ra m w ..O e t.
1 6 7 ,8 8 6
8 8 ,0 6 9
5 6 ,o 5 3
5 7 ,3 6 8
1 7 8 ,5U4
1 7 4 ,3 6 7
J a n . 1 to O c t. 3 1 ........
2.0
8
3
1,8
7
3
40 1
S
c
h
u
y
lk
ill
T
r
a
c
tio
n
.
.O
ot.
2
,0
8
3
*130
*869
4 ,8 5 7
7 ,0 9 6
J a n . 1 to O ot. 3 1 ........
2 0 ,8 3 1
2 0 ,8 3 1
1 4 ,0 5 1
1 3 ,0 1 2
1 0 ,2 4 4
6 .5 1 2
1,0 2 2
1 ,4 3 2
4 2 ,3 9 4
6 6 .7 9 1
2 8 ,3 2 8 S c ra n to n & P itts to n .S e p t.
4 .5 8 2
4 ,4 1 6
J u l y 1 to S e p t. 3 0 . . . .
5
,2
4
0
2
,9
5
9
6,2 4 6
5 ,3 0 8
vV
aterbury
T
ra
c
.
Co..Ocfc.
1 6 0 ,1 2 1
3 6 ,8 0 1
2 6 ,1 5 0
4 0 ,8 8 8
5 3 ,5 2 7
J a n . 1 to O ct. 3 1 ........
2 0 ,0 0 3
7 ,6 1 5
6 ,3 7 9
1 6 7 ,0 0 6
6 2 ,9 8 7
6 2 ,8 4 5
3 ,3 0 2
8 ,6 7 1

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

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

2 ,0 3 4

........
2 ,9 3 5
___ ___

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

7 0 1 ,0 5 2
2 ,0 7 4 ,1 9 3
7 5 5 ,0 6 4
6 ,9 0 4 ,6 5 9 2 ,5 8 2 ,0 4 9 2 ,7 7 8 ,9 0 2
1 5 2 ,8 4 9
7 0 ,0 2 4
6 9 ,9 0 0
7 4 1 ,1 5 7
3 3 5 .0 7 L
3 3 5 ,1 3 5
8.0 2 1
1 6 ,5 0 9
7 ,7 9 5
2 3 ,2 0 1
6 8 ,6 2 3
2 5 ,1 4 6
1 6 9 ,3 5 3
7 8 ,0 4 5
7 7 ,6 9 5
6 3 0 ,4 4 1
1 ,4 5 2 ,6 1 8
5 8 9 ,6 7 0
3 5 8 ,2 7 2
8 0 9 ,7 8 0
3 6 0 ,2 8 1
1 ,5 3 2 ,4 2 5
4 ,2 5 4 ,5 6 2

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

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

ANNUAL

REPOR TS.

Annual K e p o r t s . — T h e f o l l o w i n g is a n i n d e x t o a l l a n n u a l
r e p o rts o f s te a m r a ilr o a d s , s tr e e t r a ilw a y s a n d m is c e lla n e o u s
c o m p a n ie s w h ic h h a v e b e e n p u b lis h e d s in c e th e la s t e d itio n s
o f th e I n v e s t 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 i s i n d 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 t o - d a y ’s C h r o n i c l e .
R a il r o a d s a n d M is c e l . C o ’ s .
St r e e t R a il w a y s {Con.)
V o lu m e 63 —
P age.
V o lu m e 6 3 —
Page.
A m erican Type F o u n d e rs................. 792 Binghampfcon R R ............................ 878
A tcb. Topeka & S anta Fe (6 m os.). 791 Bridgeport T raction ................815, 836
Chicago B url & Q uincy................... 87 7 Brooklyn City & N ewtown............... 557
Chic. June. Rys. & Un. Stk. Y ds.... 878 Brooklyn Elevated.................
356
Cliic. P eoria & St. Louis (0 m os.).. 791 Brooklyn Queens Co. & Suburban . 558
Cincinnati P ortsm outh
Virginia. 791 Buffalo & N iagara Falls E lec tric ... 558
Cleveland Term inal & Valley ....... 791 Denver Consolidated Tram w ay350, 878
Columbus Sandusky & H ...................835 Dry Dock E. B. & B atte ry ................. 4=01
E vansville & Indianapolis ............. 878 Kings Co. E levated (B ro o k ly n '.... 502
K anaw ha & M ichigan ..................... 792 M etropolitan T raction (N. Y. City) 557
Long Island R R .. ......................... 83(3 Middletown Goshen Traction (Mid­
dletown, N. Y.)—
558
M anhattan (E levated) R y ............... 87(3
M exican N orthern............................. 792 N assau Electric (Brooklyn, N. Y.). 557
Missouri Pacific...... ........................... 877 N orthw estern E levated (Chicago)
Construction O >.......
503
N o rth e rn Pacific............................... 835
503
N orthern RR. of \'ew Jersey ....... 837 R ochester R ailw ay.......................
Penu. H eat L ight & Pow er............. 793 Schenectady Ry. .......................... 710
Southern P a c ific ...................
835 Second Ave. Traction, P ittsb u rg ... 792
Sullivan County ............................... 877 Stein way Rv. (Long island C ity).. 557
V erm ont Valley.
....................... 877 Third A venue (N. Y . City) ....401, 877
W neeling & Lake Erie ...........
792 Troy City R ailw ay............................. 558
Union T raction (P h ila .)...........457, 557
Utica B elt Line S tree t .................... 503
Yonkers RR........................................ 558

1HE CHRONICLE

N o ve m b e k 21, itfltti. |

Baltimore & Ohio Railroad.
( R e p o rt f o r the y e a r en d in g J u n e 30, 1896. J

The remarks of President John K . Cowen, contained in the
annual report, together with the complete balance sheet,
will be found on subsequent pages.
The comparative statement of operations, earnings, charges,
etc., for three years is as follows :
O P ERA TIO N 'S, EARNINGS AND EX PE N S E S.

1895-96.
2,095

Miles o p e r a te d J a n e 3 0 . . . .
O p e r a ti o n s Tons f.e> gin oa rrie d ..........

1894-95.
2,095

1893-94.

2,065

17,961.927
16,080,423
1 3 .3 5 7 ,1 7 5
T oo# fre ig h t, c a r ’d i m i l e . . 2, 851,012.238 2,470,822,8 *8 2, 1 6 0 ,9 1 9 ,4 7 2
8,567,194
Passengers carried..............
Pa-seugera c trrled 1 mile.. 299,616,039
E a r n in g s fr o m —
$
16.818,672
Freight ..............................

4 6 9 ,4 9 3

8,207,618
237,825,922
$
15,591,062
5,049,097
706,603
611,733
853,6*2

4 1 9 ,8 5 9 ,8 8 6
*
1 3 ,9 1 6 ,4 7 6
6 ,43 1 ,0 5 8
6 9 9 .6 2 0
6 7 4 ,9 71
780,537

23,944,782

22,817,182

22,502,662

General expanses...............
Conduct! <g transportation.
Maintenance of equipment
Maint.of way and structures

1,711.200
9.939, *67
3,013,2 J4
2,919. *49

1,645,084
9,217.oll
2.092,716
2,*4 6,233

1,732,394
9,104,139
2,0^2,106
2,672.050

........
Total ex peases
Net earnings
Per cent oper. exp. to earn.

17,583,420
6,361.362
73*43

15,801.041
7,016,138
69 25

15,560,639
6,941,973
69*15

5 ,3 1 5 ,9 4 3

P a s s e n g e r s ...............................

727/305
613.368

Mall .....................................
Expres*................................
Mi-*ceIlaueou* ....................
Total earnings................
O p e r a tin g e x p e n s e s —

9,626.928

The above earnings are analyzed by divisions as follows :
-N e t t a m i n g s -

G ro ss e a r n m g s -

1895 96.
1894-95.
30 - 3
•
Main St**m D lv'n.. .11/249.986 10,906,337
731,421
Parker**b’ rg B n ooh
74 *.217
624,312
Washington Branch
623.406
1,776.317
Phi aaeiuhU Line . 1.679.134
3.015,727
Pittsburg Di*ulon.. 3,105,872
633,775
Wheel Pitt* AH DiV. 672,6*45
339.910
Midland l>Utg|..n...
376,559
Central Ohio irtv’ o . 1.19M 05
1.090.602
714.171
L*k« Erie Division.
845.680
123,572
Strait**Me D lv'n...
143.104
2,500.745
Chicago Division... 2,362,625
393,794
Akron Division . . . .
414,459
Y ear en d

June

1895-96.
I

1894 95.

3.714.063
150, *10
99,920
450, <89
782,494
def. 1.21*3
97,723
1* 2.986
149,572
7,298
691,947
66,171

4,142.107
167,717
174.410
558,482
921.141
81,181
98.0 >4
206,83 i
108.487
def.2.015
504.881
54,931

Total*................ 23,944.782 22.817.182
INCOMB ACCOUNT.
1895-96.
Met e a rn in g *
..................... 6,301.362
Add other income.......................... 1,083,924

0,361,301

7.016,138

1894-95.
7,016,138
1,627,595

1893-94.
6,941,973
1,982,857

. 7 . 4 i O .2 8 5
Total............... .................
91). 1-38
N*« t earning* Washington Branchi

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

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

. 7 ,3 3 0 ,3 5 9

8 ,4 6 9 ,3 2 4

8 .7 1 9 ,8 3 0

7 ,2 0 2 .8 5 4

6 .7 5 9 .6 4 3

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

D ed u ct -

Int. on bond*, rental*, taxe*, A
Dividend* on c *mm »n stock —
Dividend* on preferred stock* .

360,006

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

7 ,0 5 9 ,6 4 3

6e t . 22. 4g 5

1 .4 0 9 ,6 8 1

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

4 5 0 .0 0 0
4 o .0 0 0
5 0 .0 5 8
1 3 ,‘»00
1 3 3 .7 7 7

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

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

6 9 4 .8 3 5
T o t a l ................. ... .......................
L e a r t a g a balance of .................i 1 * 1 .7 1 7 .3 3 7
—V. 0 3 , p. 879.

7 7 0 ,1 6 4
» u r . 6 1 9 .5 1 7

7 6 0 .3 1 7
8UT. 1 1 , 9 6 7

Prom which paid —
Car trust bond*................
To GHf of Balt, for P. A

.

KB
>

Bom. A C am . K 8 J r » f tlo b o n d * ..

Wbeelage oar trrfJt payment* ..

.

Wisconsin Central Lines.

( R»g>ort o f R eceivers f o r the y e a r e n d in g J u n e 30, 1896. J

The report of the receivers is entirely statistical and em­
braces. with much other information, the following tables, etc.
E a rn in g s o f S e p a ra te C o m p a n ies— In the following state­
ment are shown separately the earnings, expenses and charges
of the C o m p a n y and of the R a ilr o a d C o m p a n y for the last two
fiscal years:
r— Win.

C e n tr a l

Co.— - - W ts.

C e n t. R R .

Co -

1890.
1895.
1896.
1895.
9
$
*
$
Gao** e a r n in g * ................ ..2 ,2 9 1 ,0 8 0 2 ,1 5 9 ,5 0 4 2 ,1 0 8 ,4 3 0 1 ,931,038
Operating expense* ........1 ,6 2 0 ,4 7 9 1 .5 2 5 .6 7 2 1 ,3 3 7 ,8 3 9 1 ,2 61.75b

921

1896.
1895.
$
E x p e n s e s p e r m ile of ro a d .
3^3 6 4
3,128
P. ct. o f e x p e n s e s to e a r n in g s
68-38
68-14
B alan ce, n e t e a r n i n g s ............. 1,3 41,193 1 ,3 9 3 ,1 1 5
O th e r i u c o m e ................................
3 2 4 ,4 4 4
5 ,0 4 0

In c rea se . P. 0 .
$
235
7*53
•24
8 8 ,073
6*77
3 1 9 ,4 0 4

T o ta l n e t in c o m e ................... .1 ,7 1 5 ,6 3 7 1,30 8 ,1 5 5
T a x e s a c c r u e d ..............................
1 5 0 ,3 5 3
1 5 3 , s23
R e n ta ls —
C. A N. P. a n d C hicago C e n tra l . 182,468
1 5 6 ,5 7 3
C. W. A M ........................................ . 3 6 7 ,2 0 4
3 4 9 ,7 7 7
M. A L. W......................................... . 191,253
1 7 6 ,1 0 8
P a c k , m M o n tell............. ..........
5,0 4 0
5 ,0 4 0
C. M. A S t P a u l (M ilw. P o rta g e E a u C laire) ...................
.
9 0 ,7 2 3
6 8 ,9 6 1
S t P a u l .v N or. P a c ........... ......... .
21 436
1 8 ,671
G re a t N o rth e rn ............................ .
4 6 .750
4 4 ,7 0 0
M inn. T r a n s f e r R y ........................
4,145
4,4 9 3
C e n tra l C a r C o ..............................
2 5 1 ,2 8 3
In t. p a y a b le b y r e c e iv e r s ..........
4 9 0 ,2 1 2
22 6 ,0 4 1

4 0 7 ,1 8 2
U 6.569

2 5 ,394 16*54
17,427
4*98
1 5 ,1 4 5
8*60
..........
2 1 ,76L 31*56
2,7 6 4 14*81
2 ,0 5 0
iT34-<
7*75
9,062
3 61
264,17-2

T o ta l c h a r g e s a g a in s t in c o m e . .1 ,8 :,9.931
D e fic it u n d e r c h a rg e s p a id ........
9 4 ,2 9 4

3 4 9 ,9 7 3
1T57,509

1,459 ,9 5 8
151,803

0-18

IT D e c re a s e .

In vestm en ts. — The following tables show the s curities
owned and explain the souroe ot the large item of other in­
come shown in the preceding statement:
S e c u ritie s h e ld i n tr u s t.
W isc o n sin C e u tr a l Co.
A m o u n t.
K ir- t m o rtg a g e b o n d s .......................................... $ 7 3 5 ,0 0 0
In c o m e b o n d s ........................................................ 1 ,5 0 8 ,4 0 6
P r e f e r ie d s to c k . 2 ,8 151* s h a r e s .......................
2 8 1 .5 2 5
C om m on s to c k . 1,198 s h a r e s ............................
1 1 9 ,8 0 0
W isc o n sin C e n t r a l HR. Co.
►i r s t s e r ie s b o n d s ...............................................
1 5 6 ,0 0 0
M in n e s o ta T r a n s f e r B y . Co.
F ir s t m o r tg a g e b o n d s ...........................................
3 ,0 0 0
A b b o ts fo rd & N o rth E a s te r n RR. Co.
F ir s t m o rtg a g e b o n d s ........................
3 5 ,0 0 0
M ilw a u k e e A L ake W in n e b ag o R R . Co.
P r e f e r re d s to c k , 3 ,4 7 5 s h a r e s ............................
3 5 1 .0 0 0
D ^ b v n tu re s , 2 4 4 b o n d s
................................
2 6 3 ,5 0 0
C h icag o W isoonsin & M in n e s o ta R R . Co.
P r e f e r re d s to c k , 2 ,1 5 1 s h a r e s .............................
1 2 9 ,0 6 0
C om m on s to c k , 1.691 s h a r e s ..............................
3L820
D e b e n t u r e s . . . . . . . . . . . . . ...................
4 2 ,0 0 0
Im p . p u ro h a s e m o n e y m o rtg a g e n o te 9 .........
50 0 »0
F ir s t m o rtg a g e b o n d s
......
1 0 ,0 0 0
M iu n e -o t* S t Cr<»ir & W isoonsin R R . Co.
Im p . p u ro h a s e m o n e y m o rtg a g e n o te s .........
3 5 ,0 0 0
T o t a l...................................................................... $ 3 ,7 5 3 ,1 1 1
O ther incom e.
In c o .i e c o lle c te d fro m s e c u ritie s a s a b o v e . .. .
In c o m e fro m s e c u ritie s o w n e d b y W . C. Co.
o o lle e ied b y r e c e iv e r s —
$ 8 4 ,0 0 0 P a c k w a u k e e .A M o n tello R R . first
m o rtg a g e bo n d * ....................................................
$2/2*»5,5 0 0 W. C. RR. fir s t s e rie s b o n d s ........
In te r e s t, e x c h a n g e a n d d is c o u n t ........................
T o ta l

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

In c o m e
collected
fr o m sam e.
..............
..............
..............
..............
$ 1 1 ,7 0 0
1 50
2 ,1 0 0
3 1 ,2 7 5
2 1 ,9 6 0
6 4 ,5 3 0
..............
3 ,7 8 0
6 ,0 0 0
900
4 ,2 0 0
$ 1 4 6 ,5 9 5

1896.
1 4 8 ,1 9 5

1895.
..............

5 ,0 4 0
16 5 ,4 1 2
5 ,7 9 6

5 ,0 4 0
..............
............

$c 2 4 ,4 4 3

$ 5 ,0 4 0

In terest P a id a n d U n p a id .— The following table shows the

iatereat which has accrued since the receivership began (Sept.
26, 1893,) the manner in which the portion paid has been met
and the amount remaining due and unpaid:
INTEBEBT ON FUNDED DEBT SEPT. 2 6 , 1 8 9 3 , TO JU N E 3 0 , 1 8 9 6 .

Total
accruals.
*
N a m e o f oblig a tio n .
R e c e iv e rs ’ c e n iflo ite s .
179,291
1 ,6 9 /,2 7 5
W. & M. RR. 1 s t m o rt. b o n d s. 1 84,275
C. F . A W. R y. 1 st m o rt. b o n d s
3 3 ,3 5 5
5,0 0 0
l ’e n o k e e RK. 1st. ra o rt. b o n d s
3 4 ,2 0 0
M. S t. 0 . A W. RK. 1 s t M b ’ds
M. S t. C. A W. R R . te r m in a l
9 3 ,3 3 3
m o rtg a g e n o te s ........... ..
..
M. S t. <•. A W. RK. Im p p u r.
5 7 ,3 3 3
m o n e y m o rtg a g e n o t e s .......
W. C RK . Co. 1 st Berios b ow ls 5 6 M 2 5
W.C. R R . Co. im p .d e b e n . n o te s 2 0 9 ,0 0 0
W. O. Co. a n d W. C. R R J o in t
a n d s e v e ra l im p. b o n d s . . . . 5 7 7 ,6 1 6
6 00
W. C. RR. Co. *2d s e rie s b o n d s1
.3 ,6 2 6 ,4 6 3

P a id by D u e a n d
P a id b y c o llateral r e m a in in g
receivers. tru st.
u n p a id .
*
$
$
1 64.291
2,525 2 8 1 ,5 5 0 1 ,4 0 3 ,2 0 0
170,100
3 1 ,605
4 ,5 0 0
3 2 ,4 0 0
8 0 ,0 0 0
5 1 ,6 0 0
3 7 3 ,7 5 0
..........

1 3 0 ,3 2 5
..........

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

5 0 5 ,0 4 7

3 9 ,7 0 0

91 6 ,9 2 2

1 ,7 0 1 ,9 5 0

6 60
9 11,431

Traffic .— The following table shows various important facts

070,602
326.503

833.832
6.491

720,591

669.232

regarding the company's traffic for the year ending June 30,
1896 and 1895 and also 1892 and 1891:

997,105
T o ta l r o t In c o m e ..........
Int. I1. ' able by receiver. 236.700
71.201
Accrued tixee ...............
Accrued rental. . . ............ 701,0.5
Ini., e>change and dlio’ t.

610.323
102.062
71,597
656,281

720.591
253,513
79,152
464,730
2.060

009.282
13.979
85.327
419,325
2.839

T o ta l c h a r g e e ....................1 ,0 1 2 ,5 3 0

9 0 9 .9 1 0

1895.
1896.
2 ,5 0 3 .1 2 0
T o ta l to n s c a r r ie d .. 2 ,8 8 2 ,2 7 5
9 7 6 .9 6 0
1
,2
2
4
,3
7
5
O f w h ic h iro n o r e ..
5 8 5 ,4 1 6
5 48,623
F o r e s t p r o d u c ts ...
2 31,523
298,811
I c e ..............................
T o n s c a r rie d l rn lle .3 5 8 ,5 0 3 ,6 3 0 2 9 5 ,4 1 9 ,8 4 7
A v’g e e a r n in g s p e r
0*891
0*975
to n p e r m ile ..C e n ts
193
168
Av. t o n s p e r tr a in m .
$1 64
SHI
72
A v. e rtr.p e r tr a in m ..
8 4 0 .4 2 2
8 2 5 .5 1 5
N o. o f p a ss, c a r ie d .
47*96
47*36
Av. d lst.o a iT ’d. m il es
A v. e a r n . p e r p a s s ...
2*22
2-27
p e r m ile .. C ents.
72*40
69*66
d o t r a in in .C e n ts

N e t e a r n in g s

Balance.............................def.15,431 df.269,617

799,*55
531,170
df.78.964 sr.117,812

E a rn in g s o f S y ste m — The following shows the results on

entire system, omitting interest that fell due but was not paid :
Entire
E a r n in g s —

Line.

F r e i g h t .......... ..................
P a* * eag rT * ........ ..

1896.
r

1 *95.
$

.3,195,016 2 ,9 0 5 ,9 5 3
9 5 2 ,2 6 2
9 1 .6 3 6
1 0 3 ,9 9 9
5 5 ,9 9 7

9 5 9 ,4 2 1
87,351
1 0 3 ,«99
3 3 ,8 1 9

T o ta l ............................................ 4 ,3 9 9 ,5 1 0
E a rn in g * p e r m ile o f ro a d . . . . .
4,921

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

’!
Expre** .

• ...

M isc e lla n e o u s ..................

h sp en a es-

M a lu t^ n a n c e o f w a y a n d s tr u c t.

7 8 7 ,0 7 2

MainU>tiance equipment.......... 413,130

C o n d u c tin g t r a n s p o r t a t i o n . . . . 1 ,4 3 3 ,1 9 8
G e n e r a l e x p e n s e * .. . ........... .
3 7 4 ,9 1 7
T o ta l.

................................ 3 ,0 0 8 ,3 1 7

In crea se.
9

289.663
117,159
4/285

P. 0.

9 97
•75

4'91

*22,178 05‘58
7*55
7*19

6 2 0 .2 1 1
3 3 8 ,3 7 8
l . u v - u ';
3 7 9 , **59
2 ,7 8 7 ,4 2 8

2 2 0 ,8 8 9

7-92

1892.
2 ,8 8 9 ,1 1 5
1,039,221
6 3 8 ,6 1 7
2 0 3 .7 7 4

1891.
2 ,6 5 3 ,7 6 4
90 1 ,4 7 5
4 9 7 ,4 5 9
1 61,212

0*868

0*987

P h y sic a l Condition.—T h e fo llo w iD g ta b le sh ow 3 v a r io u s
fa cts r e g a r d in g th e p h y sic a l c o n d it io n of th e p r o p e r ty , and
in d ica te s th e im p r o v e m e n ts m a d e d u r in g th e year :
#
Mainline. r-Branch's.—
.
^-M ainline.—, r-B'anche*.
Brtdqes.&
c.
1895.
1890.
1895.
1890.
1890.
1895.
1896.
Rails— 183V 21
Ir o n ....... 7/49
7.821
97
97
80-lb. steel ... 2
Wooden.. 2,229 2.229 1,910 1,016
100
?0-lb. steel .... 84
34 Trestles...40,610 41,552 20,037 18,815
31
380
0»-lb. steel..,..414
91
09
11
60-lb. steel ... 84
N o t e .— Branches include —Menasha,
26
25
62-lb. steel..
2 Portage. Montello. Eau Claire. Rib
24
60-lb. Iron...
Lake. Penolcee, Ore and Com. Docks
162 152 and Marshfield.
684 687

922

THE CHRONICLE.

[ V o l . LXII1

28,661 of the C. & N. P. bonds, leaving only 194 bonds out­
standing.—V. 63, p. 651.
Detroit Kailw ty—D itroit E leitrle R iihvay.—Property
Transferred.—A quit claim deed has been fi'ed at Detroit,
transferring all the property of the D itroit R lilw iy co the
Detroit Electric Railway C imp iny, the new co npiny form >d,
it is understood, for the purpose of extending 'he charter
rights of the enterprise to cover extensi ms outside the city.—
V. 63, p. 402.
Erie Railroad.—Quarterly.—Earnings for the quarter end­
G E N E R A L IN V E S T M E N T N E W S .
ing Sept. 30, 1896, have been reported as follows The road
Reorganizations, Etc. -Latest Data as to Defaults, Reor­ was not turned over to the present company until Dec. 1,1895,
ganization Plans, Payment o f Overdue Coupons, E tc.—All so no comparison is given with last year.
3 m o n th s
Gross
Set
O ther
In te r e s t,
B a la n c e ,
facts of this nature appearing since the publication of the lis t
Sept. 3 0. e a rn in g s .
e a rn in g s .
incom e, taxes, etc.
s u r p lu s
issues of the I n v e s t o r s ’ and S t r e e t R a i l w a y S u p p l e m e n t s end.
1 3 9 6 .................* 7 ,4 8 5 ,2 9 6 $ 2 ,6 1 5 ,7L7 $ 1 2 ,0 4 9 $->,155,731 $ 4 7 2 ,0 3 2
may be readily found ny means of tde following index. This —V. 63, p. 4 9 8 , 512.
index does not include matter in to-day’s C h r o n i c l e .
Green Bay Winona & St. Paul Ry.—Green Bay & W est­
: R a t lr o a d and M is c e l . C o ’s ( C o n )
R a il r o a d s a n d M is c e l . C o ’s.
ern RR.—New Securities Ready. —Holders of certificates o f
V o lu m e 6 3 —
P ape
Volume. 6 3 —
Page
A tlantic Short L in e ...................sale. 879 St. Louis Chicago & St. P a u l. .c o m . 795 the Farmers’ Loan & Trust Co. issued on deposit of the Green
Bay Winona & St. Paul first consolidated mortgage bonds
B alt & Ohio..........................
coup. 795 St Louis & San F rancisco—K. C. &
Southw estern..deposits. 795; s a le . 839 are now receiving the securities of the new company upon
Bay State G-as.recws.753; recvrs dis­
charged..................... ......................... 837 St. Louis & San Francisco—K.
C & S outhw estern . ........... a g m t . 001
C hester & L enoir ...................... sold. 838
surrender of their receipts at the office of the Green Bay &
Chicago & W est Michigan
coup. 793 St. Paul & N orthern Pacific, .r e o r g . 754
Cine in. Jack. & M ack.................sale. 838 Sea.& Roanoke.traw.postpomd.795, 839 Western RR. Co., 40 Wall Street.—V. 63, p. 652.
Cincin. & M uskingum Val. ...coup. 871) Terre H au te & Logan sport.. ..a g m r . 756
Indiana & Lake Michigan Ry.—A Majority o f Bonds
do
do
d e p o s i t s c a lle d f o r . 839
Columbus & Hocking C. & I. .rtorg. 793
do
do
3d assess nent. 838 Toledo St. Louis & K. C...... f o r e c l o . 756 Deposited .—The Bulkeley committee gives notice that a
Crystal R iv e r..........
sold. 87» U nion Pacific............................c o u p . 881
majority of the bonds has teen deposited under the agreement
Des Moines W ater Pow er & El .sate. 880
S t r e e t R a il w a y s .
and that the committee proposes to take immediate action.
D etroit Lansing & N orthern, .s Id. 880
F t. W. & Den. City .recur. discharged. 838
V o lu m e 6 3 —
Page
Grand Rapids & Indiana.......reorg. 75»
B elt Ry. (W ashington. D.C . ) . r e c v r . 559 Bonds received subsequent to December first will be subject
Gt. Salt Luke & H o t Springs.. .sold. 880 B rigantine T ran sit..p h m <fcs t a t u s . 837 to such penalty as the committee may impose. See notice in
Green. A nder. & W est..recur. asked '94 C hattanooga E le c .. r e c u r . 401; c o u p . 651
H elena C onsolidated W ater, .reo g. 880 Chicago & So. SideR . T . . . s o l d . 504 , 601 another column.—V. 63, p. 601.
Jacksonville Tam pa & Key W .tale. 7H4 Ciu. Inch P l a n e . j u d g m e n t r e v e r s e d . 651
L ouisville New Albany & Chicago Ry —Modified Plan .—
K entucky M idland......................sale 754 Columbia & Md. C -m s t . C o __ r e e v r 4 5 8
L ittle Rock & M emphis............sale. 880 Colum. (O.) Cent. St..reevr.402,793, 838 As stated last week, the Ole >tt reorganization plan [C hron ­
Louisv. N. A. & Chicago.reorg.754, 8f*0 D etroit R ailw ay............. n e w n a m e . 40 z icle , Oct. 17, 1896, page 702] has beei modified to meet theM arietta & N orth Georgia— reorg. 837 Eckingt’n & Soldiers’ H om e( W ash­
M exican N ational....................reorg. 880
views of the committee, consisting of E Rillins Morse, Cor­
ington. D. C.)....................... r e c u r . 559
New Orleans & S o u th ern .. . . sold. 880 F t. W ayne Consol. St. Ry . . r e e v r . 458 nelius B. Gold and Henry K, Pomroy, who now give the plan
N orfolk & W estern, .r. ..coup pur. 794 H ouston B elt & Magnolia Pk,.so/d. 458
'N orfolk & W ....... sale of Scioto Val. 880 Kings County El. (B’klyn) ..reevr. 402 their approval and request holders of consol. 6s to deposit their
Ogd. & L. Cbamp.deposits794; reorg. 881 L. O ntario & Riverside (Oswego,
Ohio S o u th e rn ............................ sale. 881
N. Y.) ........................ .c le f., r e e v r . 652 holdings with the Central Trust Co.
Oregon Im provem ent., .tim e lim it. 881 i M etropolitan W .S. El.(C h’go).coup. 310
The only change in the plan is in the treatment of the consol,
Oregon S. L. & U. N........ coup. 838, 881 Newark & G ranville Elec— r e e v r . 652
Philadel. & Reading..rtorg.lM , 838, 881 | Stillw ater (Minn.) St. R v ....... .s a le . 516 6s, which, with other allowances, now receive a 6 per cent
R ichm ’d Mich. 1. & B................ sate. 795 28th & 29th S tree ts Ry............. so ld . 602 bond in place of a 5 per cent bond, as first proposed. For
R oanoke & S o u th e rn .................sale. 794
convenience, however, we give the following taole, sh awing
Atchison Topeka <fc Santa Fe Ry.—Kansas Receivership.— the amounts of new securities which the holders of all
Thi moticn lo atru l the appointment made in the Kansas the old stocks and bonds will receive under the plan to repre­
State Court of a Receiver for the Atchison lines running sent principal and interest;
through ihat State will be heard on Monday in the Federal
,-------------------A n d receive -------- -----------,
P a y in
N ew N ew P r e f. N ew CornCourt at Topeka before Judge Foster. In the meantime a
H
o
ld
e
rs
o
f
:
C
ash.
onds.
S lo c k , m o n s to ck .
C ash.
restraining order issued by the Court prevents any interfer­ C onsol, b o n d s , * 1 ,0 0 0 . . . N il. HB$1,000
$50 00
..........
*$37 5 0
ence with the company’s property. Ex Senator Martin, who G en . in o rt. b o n d s , $ 1 ,0 0 0 N il.
2 5 0 1 ,0 6 0 OO
..........
..........
1 ,0 0 0
..............................
154 17
was appointed rtceiver by Judge Myers in place of Chas. F. E q u ip , b o n d s, $ 1 ,0 0 0 ........ N il.
___$
7
5
0
..........
7
5
0
$
1
0
0
...........
P
r
e
f
e
r
r
e
d
s
to
c
k
,
$
1
0
0
Johnson, who did not qualify, says he will obey the injunc­ C om m o n s to c k , $ 3 0 0 ........ 7 5 0
......
j7 5 0
1 00
..........
tion of the Federal Court and will take no steps until the
* P a y a b le a t tim e of d e p o s it; g iv e n w ith th e $ 5 0 in p r e f e r r e d s to c k
question of jurisdiction is settled.—V. 63, p. 879.
to r e p r e s e n t $7 5 I n te r e s t a o o ru in g fr o m A p ril 1, 18 9 6 , to J u ly 1, 1897.
t To r e p r e s e n t I n te re s t.
Baltim ore & Ohio RR.—Annual Meeting.—At the annual
e g iv e n in e x c h a n g e f o r t h e c o n so ls b e a r 6 p e r
meeting on Nov. 16 the report of President Cowen was read c eITn tTihnetenreews t;b oanlld sthtoe obth
e r s 5 p e r c e n t, a s p re v io u s ly p ro p o s e d .
and adopted, and the following directors were elected : Wm.
The accrued interest on the consols will amount July 1,
F. Frick, James L. McLane, George C. Jenkins, Alexander
Shaw, George A. Vcn Linger, Maurice Gregg, William H. 1897 (from which date the new bonds bear interest), to $75
bond. The plan provides, as above shown, for the pay­
Blackford, Louis Fitzgerald, Eugene Delano, Edward R. per
Bacon, Willism A. Read and Howland Davis. Mr. McLane, ment to represent this sum of $50 in preferred stock and
50 cash, the latter to be paid at the time of the deposit
representing the Johns Hopkins interests, succeeds Aubrey $37
Pearre, who rtmains as director in several of the subordinate of the bonds. The interest on the equipment bonds will be
at a date to be announced hereafter.
companies. President Cowen’s report is given on subsequent paid
authorized issue of $15,000,000 new refunding funds is
pages of to-day’s C h b o n i c l e . An article in the editorial col­ to The
bear 5 per cent interest as originally intended, except as to
umns contains a number of interesting facts not heretofore
the $4,700,000 of 6s to be issued in place of the consols. The
made public, together with recent earnings.
Mr. Little's Report.—The report of Mr, Stephen Little, the annual interest charges of the new company will therefore be
expert accountant, was read at the meeting and was ordered increased only by $47,000 from the amount shown in V,
63, p. 702. The* preferred stock necessary to be issued
to be printed. A stockholder who heard the report read says is
reduced by $1,116,250, and the amount necessary for the
that it criticised tbe book keeping methods of tbe Mayer man­
on the stock outstanding is changed from $200,000
agement, inasmuch as assets were credited which could not dividend
be used as sneb, and that the liabilities of the pioperty were yearly to $155,350.—V. 63, p. 880.
L ouisville New Albany & Chicago RR.—Richmond N iclu
under-estimated.—V. 68, p. 879.
dlasville Irvine & B eattyville RR .—Litigation as to Guar Bay State Gas.—Newt President.—At the annual meeting anty.
—The Supreme Court of the United States has granted a
held at Wilmington, Del., on Tuesday, J. R. Bartlett,
who is identified with Standard Oil interests, was elected writ of certiorari in the Beattyville bond case. The decision,
President in place of Mr. Addicks. The new president therefore, of the Circuit Court of Anpsals, will, it is stated, be
promises to issue a report to the stockholders setting forth the reviewed by the full bench at Washington, the company’s
counsel intending to push the matter to a hearing before the
condition of the company and showing who are the owners.
Receivership Suit.—In the United States Circuit Court at final Court—firstly, in order to have an adjudication upon the
principles involved and secondly because a favor­
WilmirgtOD, Nov. 18, Samuel Dickson of Philadelphia, rep­ important
able decision would simplify materially foreclosure proceed­
resenting the Fidelity Insurance & Tiust Safe Deposit Com­ ings
now in progress.—V, 63, p. 795, 889.
pany and others of Philadelphia, were granted leave to file
Manhattan (Elevated) Railway.—Quarterly.—Earnings for
an interverirg petition in the suit for a receiver brought last
week by Godiiey Morse of Boston and others. The case will the quarter endiDg September 30 were :
3 m o n th s
G ross
N et
O ther
In te r e s t,
B a la n c e ,
come up on Dec. 7.—V. 63, p. 837.
e n d . Sept, 3 0 — e a rn in g s ,
e a r n in g s .
incom e,
taxes, etc.
s u r p lu s .
Cape Fear & Yadkin Valley B y.—Application fo r Co- 1 8 9 6 ................... $ 1 ,9 6 0 ,4 9 8 $ 7 0 1 ,0 5 2 $ 5 0 ,6 9 3 $ 6 0 1 ,0 0 3 $ 1 4 7 ,7 4 2
7 4 ,3 3 7
7 6 6 ,7 9 0
6 2 ,6 1 1
Receiver.—United States Circuit Judge Simonton has been 1 8 9 5 ................... 2 ,0 7 4 ,1 9 3 7 5 5 ,0 6 4
asked by tb _iew York Reorganization Committee to appoint
Loans and bills payable Sept. 30, 1896, $1,065,000, against
a co-receiver with General John Gill in the management $490,000 June 30, 1896.—V, 63, p. 876.
of this road. Argument will be heard to day at Richmond,
M etropolitan Traetion—Metropolitan Street Ry. —Liqui
Va.—V. 63,.p. 153.
dation o f Traction Go.—Scrip Dividend—The directors of
Chicago & Northern Pacific RR.—Sold in Foreclosure.— the Metropolitan Traction Company on Tuesday voted to
This property was sold in foreclosure Nov. 17 to William wind up the company’s affairs, to give the stock of the Metro­
Allen Butler, Jr., repiesenting the reorganization committee, politan Street Ry. [$30,000,000], which it holds in its treas­
for $8,OCO,OCO. On the following day the sale was confirmed by ury in exchange, share for share, for its own outstanding
Judge Jenkins. The pioperty passes to the purchasers, sub­ stock, and in addition to distribute among its stockholders
ject to the mortgage of the cily of Chicago for $650,000, and interest-bearing scrip of the Street Riilway Company to the
the mortgage securing $390,000 Chicago Great Western amount of about 20 per cent of their holdings. This scrip will
bends. The reorganization committee, it is stated, controls be redeemable at par within three years.
Balance Sheet.—The receivers’ balance sheet on June 30,
1896, show s: Receivers’ certificates outstanding for W. G.
Co. $1,800,000, for W. C. RR. $200,000; and, in addition, net
current liabilities W. C. Co. $193,779; do W. C. RR. $159,076.
The cash on hand for both companies June 30, 1896, was
$45,778. The several items charged to improvement account
for the year aggregate $214,928, the largest items being $61,666
for extension of Ashland coal docks.—V. 63, p. 597.

THE CHKONICLE.

N ovember 21, 1896.J

Mr. Hero^rfc H. VreeUnd, President of both the Metropol­
itan Traction and of the Metropolitan Street Railway com­
panies, is quoted as follows :
“ T h e d ire c to rs d e e m e d th a t th e o b je o t fo r w h ic h th e T r a c tio n C om ­
p a n y a s a c o n s tr u c tio n a n d in v e s tm e n t c o rp o ra tio n h a d b e e n a tta ia e d
a n d c o n c l u d 'd t i . t th e tim e h a d co m e to d is tr ib u te its h o ld in g s a m m<
i t s s to c k h o ld e rs ar d w iu d u p its aff» irs. T h e S tr e e t R a h w a y Co a p a a y
Is n<»w lu a i>o*itiou to o p e r a te its ro a d s , a n d c a a re d lv do b e tte r
u n d e r it* c o rp o r a te p o w e rs th a n th e T r a c tio n C o m p a n y co u ld .
•* The p la n a n d «ie«ails w h ic h w e re o rig ia illy la id o u tb v ' th e re a c tio n
C o m p a n v w ill h e c a r rie d o u t in fu ll, i t w ill a d d to its Ifnee, w dl im ­
p r o v e its s~ rv io e. w ill a d o p t th e b e s t m o tiv e p o w e r t h a t th e la w w ill
a llo w , a n d wi l d o th e b e e t it can fo r th e tra v e lin g p u b iio th a t e x p e ri­
e n c e a n d m e a n s w ill p e rm it. T h e p r e s e n t a o tio u o f th e F ra c tio n C om ­
p ary * * D ire c to rs w ill m a k e n o p o s sib le d ifferen c e in th e m a n a g e m e n t
o f th e S tr e e t R a ilw a y , u n le s s i t be to f a c ilita te its o p e ra tio n s .”

R o l st o n
P a y
plan—
A ssess.
O ld 1 st M ............. N one
D o. c o u p o n s to
J u n e 1 ,1 3 9 7 ...............
C onsol. M ............ 10%
P re f. s to c k ........ lo %
C om m oa sto ck . .
5%
Wateh bu k y pla n —
O ld 1 s t M ............N one
Consol. M ............. 12 %
P ref. s»ock ......... 1 2 ^ %
C om m on s to c k ... 10%

923
------Cash.
............

------------A n d receive------------------------ ,
ls£ If.
2 d M. P r.sto ck. O om .stk.
.............................................. .
110%

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

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

tf30
..........
..........
..........

110 %
................................................
.............................
6 213 %
75%
.............................
62V y0
75%
.............................
10%
50%

I %
10%
5%

70%
70%
_____

30%
30%
50%

IT$ 3 0 fo r c o u p o n d u e J u n e 1, 1896.

The criticism made on the Rolsfcon plan is as follows:

v y in g s m a lle r a ss e ss m e n ts u p o n th e c o n s o lid a te d b o n d s and
Quarterly.— Earnings for the qaarter ending September 30 stoBcyk le
s i t b rin g s in $ 5 0 0 ,oOO less in c a s h , a ll of w hioh a p p e a rs

have been reported as follows:

3 m o n th s
Gross
Set
O th er
e n d . 8*p t. 3 0 — e a r n i n g s , e a r n i n g s ,
in co m e,
l $ 9 i ..................... $ 2 ,1 3 7 ,1 0 9 $ 9 1 8 ,i " 0 $ 1 3 1 ,2 3 7
1 8 9 5 ............. ..
1 ,5 J 2 , *25 7 3 2 ,0 7 3
19,537

In terest,
ta x e s , etc.

$ 7 8 .5 8 5
5 1 3 ,1 3 2

B a la n ce,
su rp lu s .
$266.-532
2 68,528

Balance Sheet.—The general balance sheet of the Street

Railway Company on September 30, 1396, was:
A s s e ts.

Cost of road, e t c .......$30,517,523
8,095,669
S to c k s and b on d s
39',?SOO
<>th. p m s a t iBTfl
103,039
S u p p lies on b a n d ..
315
A ccru e d Interest...
1,913.821
O p en a cco u n ts . . .
C ash on hand . . . . .

88 ,0 7 9

L ia b ilit ie s .

C a p ita l s to c k ..................$ 3 0 ,0 o n ,0 0 0
F u n d e d d ^ b t .................
9 ,10 0 ,0 0 0

Int. due and accrued..
i iv i.le n d s u n p a id ........

Open accounts............
Prottt and loss, surp..

39,603

2 84,480

690..V27
1,096,330

Total____ _______$41,510,995 | Total........................$41,5H',9h5

—V. 63, p. o57.

Niagara F .lls Power—Buffalo (Street) Ry.—Power in
B uffalo —Tn» transmission of ehctric power fro n Nugara
F .lls to Buff klo, a distance of 22 miles, was accomplisned
on Monday, the power being used to move the cars of the
Buffalo Street Ry., pursuant to the contract already men­
tioned in these columns. The arrangement seems to be a
complete succors.—V. 93, p. 230, 878.
Or*ie sburg 4 Lake (’Bum pis In KR.—Deposits Subject to
Penalty .— be time specified for depositing first consoli lated
mortgage bards under the plan expired on Wednesday, but
has been extended until Dsc. 1 on payment of a peaaliy of
one-half of one p-r cent of the face value of the bonds. Less
than t p - r c sit of the entire issue, it is stated, remains undepoeited.—V. 83, p. 881,
Ohio Southern RR —Sale Postponed to Dec. 31.—The sale
of thia road advertised for Nov. 7 and postponed to Nov. 21
h«« again been postponed to Dec. 31. There was found to be
a technical defect in the order and it was decided to revoke
it and issue a new one. The sale is under the foreclosure of
the second mortgage. At the request of the Trust Uompiny
the plan of reorganization must be published thirty days
prior to the sale.—V. 93, p. 881.
Oregnn improvement Company.—Plan o f Ralston Com­
m ittee.-- \* Stated in the CHRONICLE last week the Waterbury Committee has given notice that after Dec. 15 dep *its of securities under its plan of reorganization will he
subject to penalty. Now the committee, composed of R. G.
RoUton. President Farmers' Loan & Trust Co., Chairman;
ILnry Amy and Henry K. Mcilarg, gives the following
notice:
", | *~^
“ A new and equitable plan of reorganization for all classes
of securities has neen prepared by this Committee under the
auspices of the Farmers' Loan & Trust C o a n d for that rea­
son the imm-diaie deposit of first mortgage and consoli­
dated bonds an^l preferr. d and common stock with the Trust
Company is imperatively necessary for the protection of the
holders thereof. Tr e Farmers’ Loan & Trust Co. will also re­
ceive on deposit certificates of the Manhattan Trust Co., of
New York, and of the Old Colony Tru-t Co,, of Boston, for
bonds and sleek heretofore deposited with them.’’ 3ee notice
in advertising columns.
Plans Compare l -The new securities to be issued under
the Rolston plan, after foreclosure sale under the consolidated
mortgage, are as follows, compered with the new securities as
proposed by the Waterbury plan [This plan was in V. 82, p.
8801:

n e c e s sa ry to r ^ h ib i lita te the. p ro p e rty ; u n lik e th e W a te r b u rv p la n
c re a te s a s e c o n d m o rtg a g e , w h ic h is lield to th r e a te n th e so lv en c y
th e c o m p a n y .
- V . 63, p . 881.

it
of

Ore if(i11 Railway & Navigation Co.—New Securities Ready
—-Abstract o f the Mortgage—As timely la coanection with

the issue on Monday of the new securities is givea on subse­
quent pages an abstract of the ne v mortgage securing the
50-year 4 per cent consolidated mortgage bond. This abstract
will enaole the investor to inform himself readily concerning
this security, which will be a prominent one ia the markets
both here and abroad. Application has been made for listing
on the New York Stock Exchange.—V. 63, p. 881.
Pacific Mail SS.—Dividend of 1 Per Cent Declared. —As
foreshadowed in the CHRONICLE last week, the directors o n
Wednesday “ declared a semi auauil dividend” of 1 per
cent on the capital stock, payable on and after Dec, l, 1896,
at the Mercantile Trust Company. They also authorized the
building.of a twin screw steamship for the Caina trade.
President Huntington is quoted as follows :
T h e s te a m s h ip w© n e ed U s u c h t h a t i t o an n o c ba b o u g h t j u s t n o w
b e c a u s e uf th e (lem auil fo r b o tto m s. I t w ill be o f a b o u t S,0i)0 to n s
a n d h a v e tw in s crew s As to o u r p r o s p e rity o u r a o o o u n t of to -d a y
sh o w s a b o u t $i,15i> ,o00 s u rp lu s . We s h a ll n o t to u c h th is fo r th e s h ip ,
w h ic h m ay c o s t * -100 ,0 0 ). T h e sh ip w ill ta k e a y e a r to b u ild , a n d i t is
re a s o n a b ly cerr. tlu we c a n p a y fo r i t o u t of o u r e irn lu g s . O u t of o u r
s u rp lu s w e s h a ll n e ed *309. nn) f i r o u r d iv id e n d of Deo. 1, a n d a s
m u c h ror J u n e 1 n e x t If th e d iv id e n d is n o t m o re th a n 1 p e r c e n t .—V .
63 , p. 881

Philadelphia & Reading RR.—Philadelphia & R eading
R y —The Heading Company.—New lompany Organized. —
At Philadelphia, Nov. 17, the Philadelphia & Reading Railway
Company was organized to succeed to ihe property and fran­
chises of the Philadelphia & Reading RR. Co., sold in fore­
closure Sept. 23. The new company has capital stock aggre­
gating $20,000,000, in $50 shares. Us officers and directors
are as follows : President, Josepu S. Harris ; First Vice-Presi­
dent, Theodore Voorhees; Treasurer, W A. Caurch; General
Solicitor, James D. Campbell and Comptroller Daniel Jones.
Directors — George F. Baer, Charles H Coster, Thomas
McKean, Francis Lynde Stetson, George C. Thomas and John
Lo vber Welsh. Of these directors Messsrs. Baer, McKean
and W ish were members of the old board. The directors
hold office until the first Monday of May, 1897.
Messrs, Coster and Stetson presented a deed of conveyance,
which was delivered to the directors, after they had handed
over to the accredited purchasers the entire capital stock of
the company, except seven shares—one share for each of the
board—and also a bond of the company for $30,009,000, dated
Nov. 18, 1896, and payable Jan. 1, 1997, with interest at the
rate of 6 per cent. The bond is secured by a mortgage on all
the property and franchises.
The expectation is that the receivers of the old Reading
Railroad will transfer the property to the new corporation at
midnight on Nov. 30. The directors of the Reading Coal &
Iron Co. also met and accepted the deed of conveyance given
by Messrs. Coster and Slots m, the purchasers of the coal and
iron property at foreclosure sale.
As appears from the preceding statements, the properties of
the Railroad Company and of the Coal & Iron Company are
to be held as heretofore by two separate corporations) out
sine, the present laws of Pennsylvania forbid the new rail
way company to own over 30,000 acres of coal land, the plan
is to have a company called the “ Reading Company” own all
IVa
lerbury
R o tsto n
the securities of the other two companies and issue its own
p la n .
p la n .
1, First mortgage 5 p o. 50-year gold bonds.$5,000,000 * 5 ,0 0 ‘.000 securities to the public in accordance with the reorganization
4,fjS,too plan. The “ National Company,” which recently increased
O f wtileh t >r e tir e old 1 st mortgagees
...
4, 473,100
Reserved for additions at not exceeding
its capital to $40,000,000, has given notice for a change of name
jar.qoo
#100. On ) e a r ly .............................................
S * i 4>oo
to “ Reading Company,” which, it is said, will be done in the
3. Second mortgage 5 p. c. 50 year gold bonds,
Court of Common Pleas on December 7.
Interest for Urst IS months, payable only If
The charter of the National Company was secured in 1871
None.
earned, to be tssnrd for assessments . . . . . . . 1.050,000
while the new constitution was under consideration, through
3. Four per cent non cumulative preferred
“ an act to incorporate the Excelsior Enterprise Company,
■took, no add! tonal mortgage to be created
without the previous oonsent of threewith power to purchase, improve, use and dispose of property
5.000. 000
fourths of suoh preferred stock ...........
5,000,000
to
contractors and others, and for other purposes.” The
9
.0
0
0
.
0
0
0
4. Comtnon stock . . . . . . . .........................
5,500,000
privileges conferred are said to be fully as hryad, if not more
Under the Waterbary plan the old first mortgage 6s receive broad, than were enjoyed by the old Philadelphia & Reading
the June, 1886, coupon in cash and are exchanged for 110 per before foreclosure. They are stated by the act as follows:
cent in Dew bonds drawing interest from that date. Under
S eotlon 2. T he s a id o o rp o rn tlo n s h a ll also h a v e , e n jo y a n d e x e ro ise
the Rolston plan the old first mortgage 6s receive the coupons th e sMine rig h ts , po w ers, p riv i'e g e s , fra n c h is e s a n d irn tu n n itie s a s a r e
c
o
n fe rre d iu a n A ct of A ssem b l. of th e C o m m o n w e a lth o f P e n n s y l­
due June 1. 1886, to June 1, 1887, both inclusive, in cash, and
n title d a n “ Act to in c o rp o ra te th e P e n n s y lv a n ia C o m p a n y ," a p
are ex hanged for 110 percent in new bonds drawing interest vp aronviae,d eth
e s e v e n th d a y of A pril, A n n o D om ini e ig h te e n h u n d re d a n d
s e v e n lr ; ai d also h a v e, e x e rc ise a n d ©iff *y th e rig h ts, p riv ile g e s , fr a n from June l. 1897.
.
chlsera
n
d
lim p u n itie s g ra n te d iQ a n d by e x is tin g s u p p ie m e ts to th e
The assessments under the Rolston plan are payable in four
te r o f f b e said P e n n s y lv a n ia C om pauy, a s if th e sa m e w e re h e r e in
equal in-talrnent“, the first payable as soon as the committee cs pheacr ia
lly a n d p a rtic u la rly s e t fo rth .
shall declare the plan operative and subsequent instalments
S e c tio n 3. T h a t th e s to c k h o ld e rs of th e s a id c o m p a n y b y a n d w ith
th e a d v ic e a n d c o n s e n t of th e h o ld e rs of tw o -th ird s of th e s h a r e s of
at intervals of not less than ninety days.
In each c tse the old securities (on payment of assessment s to c k be a n d th e y a re h e re b y a u th o riz e d to c h a n g e th e n a m e a n d ti t l e
* of said, c o m p a n y , a n d to d e s ig n a te th e lo o a tio a of its g e n e r a l o tu co f
except in case of first mortgage bonds) will receive :

924

THE CHRONICLE.

■which c h a n g e s s h a ll h e v a lid a f t e r th e tilin g o f a c e r tific a te in th e
office o f t h e S e c re ta ry o f th e (C o m m o n w ealth , s ig n e d b y th e P r e s id e n t
a n d S e c re ta ry , a n d a tt e s t e d b y th e s e a l o f th e c o m p a n y .

This act was approved, it is stated, May 24, 1871.—V. 63, p.
881.
P hiladeluhia & Reading Ry.—Catawissa RR.—Mine H ill
& Sehuylkill Haven RR.—Chestnut H ill RR.—Reduction
o f Rentals.—A special meeting; of the stock holders of the
Mine Hill road is to be held on November 27 and of the
Catawissa on Dec. 15, when the proposals of the Reading
Company for a reduction of the rental will be submitted.
Both boarcs recomend the acceptance of the reduction.
The semi-annual dividend of the Catawissa road is said to
have been withheld pending the decision of the questi in.
The proposal is understood to be t >reduce the dividend on
Catawissa shares from 7 to 5 per cent, on Mine Hill & Schuyl­
kill Haven shares from 8 to 6 per cent. The "Pniladclohia
Ledger” says it understands “ that the Reading management
has proposed to the Chestnut Hill RR. to reduce the rental,
now 12 per cent, to 6 per cent.” The Reading Company, in
case of non-acquiescence, will not assume the properties.—
V. 63, p. 881.
Rapid Transit iiiJNew York City —New Members, Etc —
The Rapid Transit Commission on Thursday elected Wood­
bury Langdon and George L. Rives commissioners, to suc­
ceed J rnn H. Inman, deceased, and Seth Low, resigned. —V.
63, p. 839.
St. J o s jpli & Grand Island RR.— To Be Sold Dec. S 3 —
Notice of the sale of this road has been issued by Ed ward
Simon ton, of St. Paul, special master. The sale will take
place at Hastings, Dec. 23, the upset price as fixed by order of
the court being §3,000,000.—V. 63, p. 76.
Seaboard Air-Line—Seaboard & Roanoke RR —Trans
fers o f Stock Refused—It was officially announced on Mov.
17 that the deal for the sale of th“ Seaboard Air-Line to Thos.
F. Ryan, representing a New York syndicate, had oeen
Blocked by the refusal of the po it committee to deliver, as
Mr. Ryan alleges it bad c intracted to do, the stock which it
holds. ••Under the terms of the pooling agreement,” President
Hoffman is quoted as saying,“no sale of the pooled stock can
be made without the assent of three-fourths of the stock
pooled. There are 8,321 shares in the pool, and as less than
half that amount gave their consent no sale will be made.”
Thos. F. Ryan on Wednesday made substantially the fol­
lowing statement regarding the situation :

[V ol.

l x ih

.

paid it. The gross earnings since the defendant company
took possession of the Terre Haute & Peoria are stated as fol­
lows : For the thirteen months ending Oct. 81,1893, §149,520;
for the year ending Oct 31, 1894, §404 014; for the yeir end­
ing Oct. 31, 1895, $445,483; October, 1895, up to Sjpt. 1, 1898,
(estimated), §341,000, all of which money, it is alleged, has
been appropriated by the defendant.
The complai tants further allude to the fact, already made
known in these columns, that the interest payable by the
defendant company upon the bonds of tae Terre Haute &
L 'gansport and the Indiana & Lake Michigan is in default.
The complainants further expressed the belief that the in­
terest hue Nov. 16 on the second mortgage bends of the Sc.
Louis Vandalta & Terre Haute, and also the interest and
principal due Jan. 1, 1897, on the first mortgage bonds of the
same company would not be paid at maturity. As a matter
of fact, we learn from the Central Trust Co. that the interest
on this second mortgage was due Nov. 1 and that the cou­
pons were then and are now being naid on presentation.
In 1892, when ttie Terre HiUte & Peoria was leased to the
T. H, & I,, a new mortgage for §2,500,000 was executed by
the T. H. & P., and it was understood that all the old firs:
mortgage bonds of 1887, aggregating § i,800,000, were ex ­
changed at that time for the new bonds. It now transpires
that old first mortgage bonds for §112,000 remain outstand­
ing, underlying the mortgage of 1892. —V. 63, p 407.
Union Pacific Ry .—Coupon Payments.—On Thursday,
Nov. 19, the Union Trust Co. in New York and the Treasurer
of the railway company in Boston begaa prying the follow­
ing overdue coupons [or interest] with interest thereon :
L o a n .—
D ale o f C oup.
K a n s a s P a c ific R y ., E a s t e r n D iv is io n 1 s t M...........F eb. 1 ,1 3 9 5
K a n s a s P a c ifio R y., E a s te r n D iv isio n 1 s t M____ A u g . 1 , 1895
K a n s a s P a c ific R y ., M iddle D iv is io n 1 st M ........... D ec. 1 ,1 8 4 4
U n io n P a c ific R R . 1 s t M. 6 s ..............
J u ly 1 ,1 8 9 6

A m o u n t.
$ 3 3 24
3234
3354
3 0 69

See advertisement in another column. The January cou­
pons of the Union Pacific firsts were paid less tnan two
months ago.—V. 63, p. 881.
West Chicago Street RR.—New Mortgage for $10,000,000
Filed .—The new consolidated mortgage for §10,000,000, uader which the Central Trust Co. of New York is trmtee, was
tiled this week. Of the bonds authorized $3,969,000 are
placed in trust and can be issu“d only on retirem ?at of an
equal amount of cue outstanding firit mortgage fives. The re­
mainder of the loan is applicable to the payment of the out­
standing debentures and the floating debt, etc. Debentures
to the amount of §6,000,000, it seems, have been created, but
only §2,700,000 sold, and of this last amount $2,000,000, it is
understood, are subject to call on or before Dec. 1, 1896. The
remainder of the debentures were pledged as collateral to
secure the floating debt, which will now be taken up, consols
for $3,331,000 being reported already sold. The new bonds
are for §1,000 each, bearing 5 per cent interest (payable
M. & N.) and mature Nov. 1. 1936. Both principal and inter­
est are payable in gold.—V. 63, p. 756.
Wheeling & Lake Erie Ry.—Physical Condition .— The fol­
lowing facts have been furnished as of June 30, 1896 :

D esiriD g to p u r c h a s e th e s to c k o f th e S e a b o a rd & R o a n o k e R R ., t
o b ta in e d , th r o u g h G en. J o h n G ilt, P r e s id e n t o f th e M e r c iu tlie T r u s t
& D e p o sit C o m p a n y , o f B a ltim o re , o p iio u s u p o n a o o u t 2 ,5 0 0 s h a r e s o f
th e s to c k . I th e n w e n t to P o r ts m o u th , a n d in th e fo re n o o n o f th e
a n n u a ] m e e tin g I m e t, in th e office o f th e c o u n s e l o f th e c o m p a n y ,
M essrs. L o u is M oLilne, M o u e u re R o b in so n a n d L. R . W atts. Tbev
in fo rm e d m e t h a t th e y w o u ld s e ll to m e a t le a s t a m a jo r ity o f th e
s to c k if a p ric e c o u ld b e a g r e e d upoD.
T h e so le q u e s tio n s i n tb e n e g o tia tio n s r e la te d to f ir s t th e p ric e a n d
s e c o n d a s to th e tim e w h ic h sh o u ld h e a llo w e d m e fo r e x a m in in g th e
books to v e rify c e r ta in r e p r e s e n ta tio n s th e y th e n m a d e r e g a r d in g th e
p ro p e rty . T h e o n ly c o n d itio n s im p o s e d by M essrs. M cL an e , R o b in so n &
W a tts w e re t h a t I a b o u t i p u rc h a s e tb e s to c k o f th e B ay L in e S te a m ­
b o a t Co. a t a p iio e a g re e d u p o n , a n d sh o u ld g iv e to e v e ry h o ld e r of
s to c k in th e S e a b o a rd & R o a n o k e R R . tb e p riv ile g e o f sellin g b is s to c k
to m e a t tb e s a m e p ric e a s t h a t fix e d f o r t h e s to c k w h ic h th e y p e rs o n ­
Koacl—
1896. 1895. B a ll’s t o n a b o v eO11L
lin e s . 1 8 9 6 . 1 8 9 5 .
a lly so ld to m e. I a s s e n te d to th e s e c o n d itio n s , w e a g re e d u p o n th e L ’n g th m a in lin e & b r'8 * .2 4 7
247
M ain l ia e b a ll a s t,
C in d e r, m ile s
p ric e t o h e p a id , u p o n ib e tim e to b e a llo w e d m e f o r e x a m in a tio n o f th e W’g h t o f r a i 's o n a b o v e* —
G ra v e l, m iles. 1 0 % c in d e rs a n d
b o o k s, a n d w e e x e o u te d o n t h a t d a y a c o n tra o t o f p u r c h a s e a n d s a le ,
t o lb s. (s te e li, m ile s .. 9
__________
90% g ra v e l, e s t’d
a n d I p a id $ 6 0 ,0 0 0 o n a c c o u n t o f s u c h p u rc h a s e .
fio-60 lbs. (steel) .m ile s 2 38
247
B rid g e s, etc.
R e l j i n g u p o n th e ir re p r e s e n ta tio n s , I a v a ile d m y s e lf o f t h e o p tio n s
T o ta l s id in g s, m ile s .. 9 7
88 S te e l b rid g e s ( f e e t ) . ) ,
. n ~.
s e c u re d b y G e n e r a l G ill a n d p a id fo r tb e s to c k p u t in b is b a u d s . O n R e n e w a ls d u r in g y e a r
Ir o n b rid g e s (feet) . j 1’9 0 1 1 -9 5 1
O c t. 12 th e y r e f u s e d to a llo w m e to e x a m in e th e b o o k s, b u t e v e n th is
end. J u n e 3o—
W ooden b rid g e s (ft.) 1 ,1 7 8 1 ,0 9 5
d id n o t d e te r m e fro m e n d e a v o rin g to o a rry o u t m y p a r t o f t h e e o a N ew r a ils la id , to n s .1 ,0 0 1
___ T r e s tle s (f e e t)........... 2 7 ,5 7 5 2 6 ,9 5 1
t r a o t to th e le tte r , a n d I w e n t to B a ltim o re o n S a tu r d a y la s t p r e p a r e d
T i e s r e n e w e d ,N o .l5 5 ,0 2 6 7 4 ,8 5 0 C o m b in a tio n ............. 7 ,7 4 3 7 ,9 2 3
to ta k e t h e s to c k w h ic h I h a d p u rc h a s e d . T h e y w e re n o t r e a d y to
d e liv e r it. a n d n o w s a y t h a t th e y a r e u n a b le to p e rfo rm t h e ir p a r t o f
* E x c lu s iv e of s e c o n d t r a c k a n d s id in g s .—V. 63, p. 7 9 2 .
th e c o n tra o t, a n d o n ly o n e o f tw o c o n c lu sio n s is p o s s ib le : e ith e r tb e y
d e lib e ra te ly m is re p re s e n te d th e fa o ts a t th e tim e th e / s a id th e y c o u ld
W isconsin Central.—Receivers' Certificates Extended for
s e ll m e th e s to c k a n d m a d e a o o n tr a c t to t h a t e.fleor, o r th e y d e lib e r ­ One Year.—At Milwaukee, Wis., Judge Jenkins has author­
a te ly b ro k e a c o n tr a c t w h io h th e y w e re in fa c t a b le to p e rfo rm .
ized
the receivers to extend tor another year the payment of
I
u n d e i s ta n d t h a t th e p r in c ip a l a r g u m e n t u s e d to p r e v e n t s to c k ­
h o ld e rs o th e r t h a n th o s e w h o m a d e t h e a g r e e m e n t w ith m e fro m sell
the §2,000,000 of receivers’ certificates which were issued in
in g w a s th e a s s e rtio n t h a t I w as p u r c h a s in g in th e i n te r e s ts o f th e 1894 and which matured Nov. 16, 1896. Holders who are un­
S o u th e rn R a ilro a d C o m p a n y a n d w o u ld n o t o p e r a te th e ro a d in d e p e n d ­
e n tly . T h is a s s e rtio n h a s n e v e r h a d th e le a s t f o u n d a tio n in f a c t, an d willing to extend the time of payment will have the amounts
I so s ta t e d to th e g e n tle m e n w h o s ig n e d th e c o n tr a e t a t th e tim e o f its of their holdings paid on presentation to Maitland, Coppell &
e x e c u tio n . I h a v e n e v e r in th is tr a n s a c tio n , e ith e r d ire c tly o r in d i­ Co., Edward Sweet & Co. or Brown Bros. & Co., New York
re c tly , re p r e s e n te d th e S o u th e rn R a ilw a y C o m p a n y o r a n y b o d y
in te ie s te d in That c o m p a n y o r in te r e s te d in a n y S o u th e rn r a ilr o a d City, who placed the original issue, and have agreed to handle
the extension.—V. 63, p. 597.
c o m p a n y w h a te v e r , o r a n y b o d y b u t m y self.
I o w n now m o re o f tb e sto o k o f tb e S e a b o a rd C o m p a n y t h a n a ll I lie
Youngstown -treet Ry.—Mahoning Yalley Ry.—Consoli­
d ire c to rs a n d officers o f tb e c o m p a n y p u t to g e th e r, a n d £ e x p e c t to
dation .—A press dispatch from Youngstown, O., says that
h a v e s o m e th in g to s a y re g a r d in g its f u tu r e .—V . 6 3 , p. 839.

:}i

Standard Rope & Tw ine—United Siates Cordage—New the Trumbull Electric Ry. and the Youngstown Street Ry.
Securities Ready.—The Manhattan TruBt Company began have been consolidated under the title of the Mahoning Val­

yesterday to receive reorganization certificates of the United
States Cordage Co. for conversion into securities of the
Standard Rope & Twine Company, as provided in the plan of
reorganization. Only one hundred lots of certificates will be
received on each business day. See further particulars in our
advertising columns.—V. 63, p. 756.
Terre Haute & Indianapolis RR.—Terre Haute & Peoria
—St. Louis Yandalia & Terre Haute RR.—Receiver A p­
pointed.—At Indianapolis, Ind., on Nov. 13. on application
of tbe committee representing tbe bonds of the Terre Hauie
& Peoria RR., which are guaranteed by the Terre Haute &
Indianapolis, the last-named property, including all its leased
lines, was placed by Judge Woods, of the United States Dis• irict Court, in the hands of Volney T. Mallott, of Indian­
apolis, as receiver.
The complainants aver that the interest due Sept. 1, 1896,
has not been paid on the Terre Haute & Peoria bonds. Thirl y
per cent of its gross earnings, which sum was payable to t ie
T. H. & P. under the lease, would have been sufficient to have

ley Railway Company. Tne consolidation goes into effect
Dec. 1, with the following as officers : President, B. F. Miles,
Cleveland ; First Vice-President, C. F. Clapp, Warren ; Secre­
tary, John E. McVay, Youngstown; General Manager and
Treasurer, A. A. Anderson, of Youngstown.
—Speyer & Co. announce that a majority of the 5 per cent
gold bonds, due 1925, of tbe Baltitn ire & Onto Railroad Co.
have been deposited with them under the agreement of April
10, 1896. and tnat engraved ceriificates of deposit therefor
have been listed on tbe N. Y. Stock Exchange. Bondholders
who have not deposited their bonds are urged to dosoat once.
—§400,009 City of Boston 3}£ percent bonds, due iu 1936,
and § LOO,000 District of Columbia 3‘65s, due in 1924, are offered
for sale by Messrs Dunscomb & Jennison, 59 Wall Sc. Tbeir
advertisement will be found in State and City Department.
—Mr. F. J. Lisman announces iu another column that be is
prepared to trade in tbe various underlying issues of the Erie
system.

Novsmbek 31, 1«9«.]

THE CHRONICLE.

925

Imports and ^Lotum m ts.
BALTIMORE
SEVENTIETH

ANNUAL

&

OHIO

RAILRO AD

R E PO R r—FOR THE YEAR
Office

of the

COMPANY.
ENDED JUNE 30, 1896.

B altimore & Ohio R ailroad Company, )

B altimore , November 11, 1896.
j
To the Stockholders o f the Baltimore & Ohio Railroad Company :
80 18»6 Pr88ideQt and Directors submit the following statement of the affairs of the Company for the year ended June

The Company being unable to meet its liabilities as of March 1. 1896. passed into hands of John K. Cowen and Oscar
M u r r a y . Receivers, on that date.
It has been deemed proper to continue the regular annual statements, and therefore this report covers the operations
o f the e n t i r e fiscal year, both prior and subsequent to tbe Receivership.
Tu - General Balance Sheet, the tabular Statements of the General Auditor and the Report of the General Manager
are appended.
& ’
L.

O P E R A T IO N S F O R T H E Y E A R .

General Income Account.
Tear E n d ed
J u n e 3 0 , 1896.

E a r n in g s .

T e a r E nded
J u n e 3 0 ,1 8 9 5 .

T h is Tear.
In c rea se .

F r o m F r e ig h t* .....................................................................................
Pa*H«ng«‘r * ............. ............................................................................
M a i!.........
.....................................................
E i j i w m ..................... ............................................................

SIC 31* 671
5 ,3 1 5 .9 4 3
7 2 7 .3 0 5
6 1 3 ,3 6 7
4 6 9 ,4 9 3

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

T o ta l E a r n i n g s ...............................................................................................

S4. $1.5,591,062 04 $ 1 ,2 2 7 ,6 0 9
39
5 ,0 4 9 .0 9 7 27
2 6 6 ,8 4 6
39
7 0 6 ,6 0 3 05
2 0 ,7 0 2
85
6 1 1 .7 3 7 80
1,630
13
8 5 8 ,6 8 2 08

* *23,944,781 60

OPKRATIXG EXPENSES.
G e n e r a l E x p e n s e * ...........................................................
C o n d u c tin g T r a n s p o r ta tio n ..................... ........................................ ............
M a in te n a n c e o f K o u lp u if n t.........................................................................
M a in te n a n c e o f W ay a n d S t r u c t u r e s ..............................................................

$ 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

T o ta l K i{n*n« ' .......................................... .........................

17
64
17
37

$ 1 7 ,5 8 3 .4 2 0 35

D ecrease.
80
12
34
05
$ 3 8 9 ,1 8 8 95

.$22,817,182 24 $ 1 ,1 2 7 ,5 9 9 36

$ 1 ,6 4 5 ,0 8 3
9,217,011
2 ,0 9 2 ,7 1 6
2 ,8 4 6 ,2 3 2

96
19
03
71

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

21
45
14
66

$ 1 5 ,8 0 1 ,0 4 3 89 $ 1 ,7 8 2 ,3 7 6 46

m th e O p e ra tio n s o f th e P r o p e r ty . (See T a b le A .)..........................
A d d In c o m e fro m o th e r so u rc e* . (Bee T a b le C .)............... ...................

$ 6 ,3 6 1 ,3 6 1 25
1 ,0 6 8 .9 2 4 64

$ 7 ,0 1 6 ,1 3 8 35
1,62 7 ,5 9 5 45

T o U l .......................................... ..................................................................................................

.$7,430,285 89
9 9 ,9 2 6 ,0 4

$ 8 ,6 4 3 ,7 3 3 80
a•w.wwv « “ |

$ 7 ,3 3 0 ,3 5 9 85

$ 8 ,4 6 9 ,3 2 4 18

7 ,2 0 2 ,8 5 4 77

6 ,7 5 9 ,6 1 3 18

$ 1 2 7 ,5 0 5 08

$ 1 ,7 0 9 ,6 8 1 00

$ 1 ,5 8 2 ,1 7 5 92

$ 9 0 ,0 0 0 00
6 0 ,0 0 0 00

$ 1 8 0 .0 0 0 00
1 2 0 ,0 0 0 00

$ 9 9 ,0 0 0 0 0
6 0 ,0 0 0 00

( ‘ru m w h ich d e d u c t I n te r e s t o n B o n d ed In d eb ted n e* * , R en tal? , T a x e s a n d o th e r
C harge*. <>“« T a b le I>. F o r te rm * o f l e a s e s , see T a b le I . ) .......................................
B a la n c e ................................................................................ ..............................................

$ 6 5 4 ,7 7 7 10
5 5 8 ,6 ‘ 0 81
$ 1 ,2 1 3 ,4 4 7 91
7 4 ,4 8 3 58
$ 1 ,1 3 8 ,9 6 4 33
4 4 3 ,2 1 1 5 9

P aym evts.

Dividend o n 1st Preferred Block, 6 per cent...............................................................
♦*
2d
M
••
••
.....................................................................

$ 1 5 0 ,0 6 0 00

Remainder..............

..................................................................................... D ef. $ 2 2 ,4 9 4 92

$ 1 5 0 ,0 0 0 0 0

$ 3 0 0 ,0 0 0 00|

$ 1 ,4 3 2 ,1 7 5 92

$ 1 ,4 0 9 ,6 8 1 00

Payment* have been made to retire Bonded and other Indebtedness as follows :
** ’

$ 2 5 0 ,0 0 0 00

Equipment Trust Bonds, Series A ............................................................
B ............................................................

00
00
00
21

* 2 0 .1 7 0 9 5

4 0 .0 0 0 0 0
.58.0.57 81
1 3 .0 0 0 0 0

4 0 .0 0 0 00
58,0.57 81
8 ,5 0 0 00

4 ,5 0 0 00

$ 6 9 4 ,8 3 4 97

$ 7 7 0 ,1 6 4 02

2 0 0 ,0 ^ 0 00
1 3 3 ,7 7 7 16

Pajrm. nt to Cltr «>f Baltimore for the purchase of it* interest In the Pittsburg
AConuellsvtlff Railrmid
......................
.........................................................
Cash Appropriation* to •Mnklm? Funds...................................................................
Somerset Ac Cambria 1 allroad Trafllc B on d s.........................................................

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

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

$ 1 0 0 ,0 0 0 00

$ 7 5 ,3 2 9 05

Gross Barninot, t-xpenses and S et Earnings of Each Division.
Tb" following table shows the gross earnings, the expenses and the net earnings of the Main Line and Branches, and
each Division of tic- S yste m , for the year ended June 30, 1896, with comparison for the year ended June 30, 1895:—
G ross E a r n in g s .
18 9 6 .

1

1

M a i * L rvk, in c lu d in g B ra n c h e s * .................................. $ 1 1 ,2 1 9 ,9 8 6 06 $10,8O 6,d37 16

P.K K K H .IIIR ., B « tS f'H .................................... ...............

P r r r s n r R O D i v i s i o n **' .....................................................
W h e e l i n g P i t t s . A K *i.To. D i v i s i o n ..........................
M id l a n d D i v i s i o n ...................................................................

C k n t r s i . O h io D i v i s i o n .......................................................
S t s a i t s v i i a " D i v i s i o n .........................................................
C h ic a g o D i v i s i o n .....................................................................
A k r o n D iv is i o n (in c lu d in g W o o ste r B r a n c h ) ____

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

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

70
41
72
61
75
75
07
22
03
95
.33

73 1 ,4 2 1
624.81 !
1 ,7 7 6 ,3 1 7
3 ,0 1 5 ,7 2 6
6 3 3 ,7 7 5
3 9 9 .9 0 9
1 ,0 9 6 .6 0 1
7 14,171
123.571
2 ,5 0 0 .7 4 4
3 9 3 ,7 9 3

N et E a r n in g s .

E x p e n se s.

18 9 5 .
00
86
23
85
17
96
77
01
89
59
75

1896.
$ 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
2,32.3,377
6 7 3 .8 5 0
2 7 8 .8 3 5
1 ,0 4 6 .1 1 9
6 9 6 ,1 0 8
1 3 5 ,8 0 8
2 ,1 7 0 .6 7 8
3 7 8 ,2 8 8

1896.

1895.
30
37
37
57
66
48
29
20
47
33
05
26

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

08 $ 3 ,7 1 4 ,0 6 2
1 5 0 ,0 1 0
27
9 9 ,9 2 6
24
4 5 0 ,3 8 9
61
7 8 2 .4 9 3
37
45 D ef. 1.215
9 7 ,7 2 3
52
15 2 .9 8 5
37.
1 49,571
05
7.295
92,
6 9 1 ,9 4 6
04
66,171
97|

$ 2 2 ,8 1 7 ,1 8 2 24 $ 1 7 ,5 8 3 ,4 2 0 35 $ 1 5 ,8 0 1 ,0 4 3 89

1895.
76 $ 4 ,1 4 2 ,1 0 7 08
16 7 ,7 1 6 73
33
17 4 ,4 0 9 62
04
55 8 ,4 8 1 62
15
92 1 ,1 4 1 48
95
8 1 ,1 6 0 72
73
9 8 .0 0 4 44
46
2
0
6 ,8 3 3 40
87
1 0 8 ,4 8 6 96
75
D
ef.
2,0 1 5 03
70
5 0 4 ,8 8 0 55
90
5
4
,9 3 0 78
07

$ 6 ,361,361 25 $ 7 ,0 1 6 ,1 3 8 35

A coniftfirison of the twelve months ended June 30,1896, with the twelve months ended June 30,1895, shows the following
Increase in gross earnings .
............................................................. $1,127.599 36 or4'94 per cent.
“
“ operating expenses................................................................. 1,782,376 46 or
11*28
“
Decrease in net earnings................................
654,777 10 or 9*88
“•
Increase in earnings from freight........................................................... 1,227,609 80 or 7*87
“
“
“ earnings from passengers...................................................
266,846 12 or 5'29
••
“ tons moved
............................................................ 1,781,504, or 1108
“
“
“ f i a s s e n g e r s carried
................................................. 359,586, or 4-38
“
Tie- M u s L i '.e IM . B ran . ID s .•m h ra c o tlio fo llo w in g R o a d , : T h e W in c h e s te r & P o to m a c , th e W in c h e s te r A S tr a s b u r g a n d th e H a rris o n liiirv rir.n n ii tie- -...it), Hran> h th e F n in n o n t M org m l" w n * P it ts b u r g : th e C o n flu e n c e & O a k la n d : th e G ra fto n & B e lm g to n ; th e W a s h in g to n
C o u n tr : th e B a ltim o re A N e w Y o rk ; th e B a ltim o re B e lt; th e L a n c a s te r C ecil A S o u th e rn .
■T h e P u n . iD K i.r m i D iv is io n e m b ra c e s th e B a ltim o re A P h ila d e lp h ia R a ilro a d a n d th e P h ila d e lp h ia B ra n c h .
T he P i r r . n l Hi. D iv is io n em braces th e fo llo w in g R o a d s : T h e P it ts b u r g A C o n n o llsv ille : th e S o m e rs e t A C a m b r ia ; th e H ic k m a n R u n ;
th e M om lit P le a s a n t A B ro a d fo rd : th e F a y e tte C o u n ty : th e B e rlin ; th e O hio A B a ltim o re S h o rt L in e (E a s te rn D iv isio n ).

THE CHRONICLE.

926
Tonnage of the Year, with Comparison.

The tonnage moved on the entire System is shown by the
following statem en t:
T o n s c a r r ie d i n —
1884
.......................... 8 ,6 2 9 ,0 4 8
1885
.......................... 8 ,4 2 2 ,9 3 6
1886
.......................... 9 ,8 0 7 ,6 8 6
1887
...........................1 0 ,5 7 2 ,8 9 3
1888
...........................1 1 ,1 9 5 ,9 4 0
...........................1 2 ,1 6 1 ,3 8 0
1889
1890
........................... 1 3 ,9 8 8 ,1 7 6

T o n s c a r r ie d i n —
1891
...........................1 4 ,8 5 8 ,9 7 2
1892
...........................1 5 ,7 3 8 ,8 5 9
1 8 9 3 .......................................1 6 ,3 5 6 ,4 0 5
...........................1 3 ,3 5 7 ,1 7 5
1894
1895
...........................1 6 ,0 8 0 ,4 2 3
1 8 9 6 ...................................... 1 7 ,8 6 1 ,9 2 7

Construction and Betterments.
T h e aggregates e x p e n d itu r e s f o r C o n s tr u c tio n a n d B e t t e r ­
m e n ts fo r th e 12 m o n th s h a v e h e e n .......................................... $ 5 0 9 ,1 2 7 11
F o r t h e 1 2 m o n th s e n d e d J u n e 3 0 ,1 8 9 5 , t h e y w e r e .............. 6 4 1 ,3 0 6 11
A d e c r e a s e fo r th e 12 m o n th s e n d e d J u n e 3 0 ,1 8 9 6 , o f. $ 1 3 2 ,1 7 9 00

This sum of $509,127 11 has been charged to the different
investm ent accounts to which the expenditures appertained.
It is distributed as follow s:
L in e s B a s t o f B a ltim o r e .......................................................................
M a in S te m a n d B r a n c h e s ...................................................................
P it t s b u r g D iv is io n ..................................................................................
T ra n s -O h io D iv is io n ..............................................................................

And provided for as follow s:

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

35
32
69
75

$ 5 0 9 ,1 2 7 1 1

F r o m T e rm in a l M o rtg a g e F u n d s ..................................................... $ 1 9 3 ,3 1 1 33
B y r e c o u p m e n t fro m C e n tr a l O h io R R C o .................................
3 1 ,7 7 2 75
A n d t h e B a la n c e o f................................................................................ 2 8 1 ,0 1 3 03
fr o m o th e r A s s e ts o f t h e C o m p a n y .
T o t a l.................................................................................................. $ 5 0 9 ,1 2 7 11

For details of these expenditures for Construction, see
Table B, appended to the Report of the General Manager in
pamphlet report.
...

Sinking Funds.
The Company l).as maintained through the year its cash
appropriations to the Sinking Funds of its Sterling Loan
due in 1927, and the P. & C. Consolidated Mortgage Loan
due in 1926. These two Funds, as shown in Table G,
[pamphlet report] now aggregate $1,739,196.
The investments 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 $8,753,228, viz.
$5 ,388,000 Consolidated Mortgage Five per cent one hundred
year Bonds of the Company, and $3,365,228 of other interestbearing bonds. See “Sinking Funds” in Balance Sheet.

[Vol. lmii„

T h e C a r T r u s t L o a n o f 1 8 8 7 f o r $ 2 ,5 0 0 ,0 0 0 , n in e a n n u a l
p a y m e n ts , a g g r e g a t in g ........................................................................ $ 2 ,2 5 0 ,0 0 0 T lie E q u ip m e n t T r u s t L o a n o f 1 8 8 9 , S e rie s A , f o r $ l,0 0 0 ,0 0 0 ,
s ix a n n u a l p a y m e n ts ............................................................
qoo 0 0 0
T h e E q u i p m e n t T r u s t L o a n o f 1 8 9 0 , S e rie s B , f o r $ 2 ,0 0 0 ,0 0 0 ,
fiv e a n n u a l p a y m e n ts .......................................................................... 1 ,0 0 0 0 0 0
T o ta l B o n d s p a id a n d c a n c e le d ................................................$ 3 ,8 5 0 ,000B a la n c e o u ts ta n d in g a n d u n p a id ............................................$ 1 ,6 5 0 ,0 0 0

Wheelage Trust Contracts.
U n d e r c o n tr a c t th e r e h a s b e e n p u r c h a s e d s in c e
F e b r u a r y , 18 9 1 , 2 ,0 5 0 F r e ig h t C a rs a t a c o s t o f........... $ 1 ,0 3 8 ,2 3 0 0 0
p a y a b le th r o u g h t h e ir m ile a g e e a r n in g s .
T h e re h a s b e e n p a id t o J u n e 3 0 th , 1 8 9 6 ............................... $ 4 5 0 ,5 6 7 8 5
L e a v in g a b a la n c e d u e o f ............................................................. $ 5 8 7 ,6 6 2 15

The Mileage earnings of these Cars average about $150,000
per annum. Upon the payment of the balance the cars
w ill be taken into Capital Account.

Relief Department.
The Report of the Relief Department for the tw elve
months ended June 30, 1896, w ill be printed for distribution
amongst the members. The following shows the condition
of that Departm ent:
The active membership-at the close of the fiscal year was
23,189, being an increase of 2,479 as compared with the pre­
vious year.
T h e r e c e i p ts a 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 ,
1 8 9 6 , h a v e b e e n .......................................... ...................... ............$ 7 7 2 ,2 4 5 9 7
A n d th e d is b u rs e m e n ts h a v e b e e n .................................................. 3 7 6 ,2 2 4 9 2
F r o m t h e c o m m e n c e m e n t o f t h e R e lie f A s s o c ia tio n to t h e
c lo se o f th e fis c a l y e a r t h e d is b u r s e m e n ts h a v e b e e n ___4 ,9 9 1 ,7 0 2 7 6

The amount due depositors by the Savings Feature was :
A t th e c lo se o f th e fisc al y e a r of 1 8 9 5 ............................................ $ 8 5 « ,0 4 2 7 4
A t t h e c lo se of th e fis c a l y e a r of 1 8 9 6 ........................................... 8 1 8 ,0 4 8 3 $
T h e d e p o s its d u r in g th e fis c a l y e a r h a v e b e e n ....................... 2 4 4 ,9 7 4 0 3
T h e w ith d r a w a ls o f th e d e p o s ito rs d u r in g t h e fls o a l y e a r
h a v e b e e n ...................................................................................... ' ___ 2 8 2 ,9 6 8 39-

The amount due by borrowers under the provisions of the
Savings Feature w a s:
A t th e c lo se o f t h e fis c a l y e a r 1 8 9 5 .................................................. $ 6 8 9 ,4 2 5 7 7
A t t h e c lo se o f th e fis c a l y e a r 1 8 9 6 ................................................. 7 0 1 ,0 0 5 2 7

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 270 names on the
pension roll, the disbursements on this account for the year
having been $35,645 17, and for the whole period since the
establishment of the Pension Feature, October 1, 1884,
$308,699 54.

Payment to th e'C ity o f Baltimore on Account o f the Floating Debt.
g D e b t o f t h e C o m p a n y is s h o w n in
Purchase o f its interest in the P ittsburg & Connells T hTea bdleir e“c tE ,”F lobautin
t tlie C o m p a n y is a lso e n d o r s e r fo r th e
P
it
ts
b
u
r
g
&
W
e
s
te rn R y. C o m p a n y a n d its a ffilia te d
ville Railroad.

lin e s to th e a m o u n t o f ...................................................................$ 2 ,2 2 6 ,0 0 0 0 6

The Company has made its twentieth annual payment of A n d fo r th e B a ltim o re B e lt R a i lr o a d Co. to t h e a m o u n t o f 1 ,3 0 0 ,0 0 0 0 0
$40,000 to the City of Baltimore on account of the purchase
The Company holds certain securities of each of these
of the city’s interest in the Pittsburg & ConneUsville Rail­ Companies for its endorsement.
road, leaving still due $200,000 of the original sum of
A ttention is called to the tables attached to the Pam­
$1, 000, 000.
phlet Report, which give in detail, information connected
w ith the several su b jects:
Rolling Equipment.
R e f e r r in g to T a b le , p . 1 6 , 69 th A n n u a l R e p o r t, i t w ill
A. Earnings and Expenses of all lines East and W est of the
b e s e e n t h a t t h e E q u i p m e n t in s e r v ic e , e x c lu s iv e of
Ohio River.
C a r T r u s t E q u ip m e n t a n d E q u ip m e n t o f L e a s e d
B. Statem ent of Net Earnings and Income and Fixed
L in e s , o n J u n e 3 0 th , 1 8 9 5 , w a s 5 0 2 E n g in e s , 88
Charges on all Lines of the System, together w ith the
B a g g a g e a n d M ail C a rs, 34 4 P a s s e n g e r C a rs, 3 4 4
R e f r ig e r a to r C a rs, 5 D io in g C a rs, 1 6 ,2 0 9 F r e ig h t
profit or loss upon each.
a n d R o a d C a rs a n d 51 E x p r e s s C a rs, c o s tin g ............ $ 1 2 ,7 1 1 ,5 6 0 68 C. Statement of Income from sources other than the opera­
T h e r e h a s b e e n c h a r g e d to th is a c c o u n t
tion of the Railroad System.
d u r in g th e fis c a l y e a r t h e c o s t of 23
f r e ig h t c a r s ........................................................ $ 1 7 ,9 7 4 27
D. Statement of Interest Charges, Taxes, Rents, etc.
JB e tte rm en ts t o L o c o m o tiv e s a n d C a r s
1 6 ,4 3 1 0 2
3 4 ,4 0 5 29 E. General Balance Sheet.
$ 1 2 ,7 4 5 ,9 6 5 9 7 F. Profit and Loss.
A n d c r e d its h a v e b e e n m a d e f o r t h e c o s t
G. Statem ent of entire Funded Debt of the Baltimore &
o f 2 5 L o c o m o tiv e s , 5 P a s s e n g e r, 4 R e ­
Ohio Railroad Company’s System, including that for
f r ig e r a t o r C a r s a n d 9 5 0 F r e ig h t a n d
account of the Baltimore & Ohio and Chicago Railroad
R o a d C a r s , “ p u t o u t o f s e r v ic e ’’ th r o u g h
Companies, the Parkersburg Branch Railroad Com­
c o n d e m n a tio n ,w r e c k ,d e s tr o y e d o n F o r
e ig n R o a d s a n d b y fir e .................................$ 5 8 3 ,7 8 2 4 6
pany, the Philadelphia Branch and the Baltimore &
A n d b y c h a n g e s i n c la s s e s o f e q u ip m e n t..
3,5 4 3 4 7
5 8 7 ,3 2 5 93
Philadelphia Railroad Company ; also the Funded Debt
of the Pittsburg & Connellsville Railroad Company.
B a la n c e , J u n e 30M , 1 8 9 6 . S ee B a la n c e S h e e t.......... $ 1 2 ,1 5 8 ,6 4 0 0 4
H. Bonds for which the Company is Guarantor.
b e in g c o s t o f 4 7 7 L o c o m o tiv e s , 86 B a g g a g e a n d M a il
I. Leases of the Company.
C a rs, 341 P a s s e n g e r C a rs, 3 4 0 R e f r ig e r a to r C a rs, 51
J. Profit and Loss, W ashington Branch.
E x p r e s s C a rs , 5 D in in g C a rs a n d 1 5 ,2 8 4 F r e i g h t
a n d R o a d C a rs.
T h e a m o u n t o f r e d u c tio n .........................................................
is a c c o u n te d f o r a s f o ll o w s :
S a lv a g e ............................................................. $ 9 3 ,8 5 2 60
R e c o v e r e d ,th r o u g h I n s u r a n c e ................. 1 9 ,0 3 8 2 2
R e c o v e re d fr o m F o r e ig n R o a d s .......... 1 3 ,0 2 5 5 7
C h a r g e d t o P r o f it a n d L o ss (s e e T a b le
F , p. 16 o f p a m p h le t r e p o r t ) .............. 4 6 1 ,4 0 9 54
T o ta l.................................................................................

$ 5 8 7 ,3 2 5 93

The President and Directors take great pleasure in again
acknowledging the faithful and efficient services of the
officers and employees of the Company during the past fiscal
year.
By order of the Board,
JOHN K. COWEN,
President.

$ 5 8 7 ,3 2 5 93

Paym ent of Equipment Trust Bonds.
The Equipment Trust obligations of the Company have
been issued as follows :
C a r T r u s t o f 1 8 8 7 ..................................................................................... $ 2 ,5 0 0 ,0 0 0
E q u i p m e n t T r u s t, S e rie s A , 1 8 8 9 ..................................................... 1 ,0 0 0 ,0 0 0
E q u ip m e n t T r u s t, S e rie s B , 1 8 9 0 ...................................................... 2 ,0 0 0 ,0 0 0
$ 5 ,5 0 0 ,0 0 0

10 per cent of the irincipal sum is payable annually; and
there has been accor lingly paid as follows:

N o t e .— In the balance sheet following, the “Cost of Road”
($37,217,443) includes the following :
F o r th e c o n s tr u c tio n o f th e R a ilro a d fro m B a ltim o re , M d ., to W h e e l­
in g , W . V a ., in c lu d in g th e c o s t o f th e L o c u s t P o in t, C u rtis B a y , S e a
W all, F r e d e ric k , S o u th B a ltim o re , P a t u x e n t a n d M e tr o p o lita n
B r a n c h e s , C a m d e n C ut-O ff, s e c o n d , th ir d a n d f o u r th t r a c k s , c o m p ris in g
79 6 -0 8 m ile s o f s ta n d a r d - g a u g e s in g le tr a c k , 2 6 1 -9 6 m ile s o f s id in g
t r a c k , a n d in c lu d in g T e le g ra p h W ire s a n d E q u ip m e n ts , o w n e d b y th e
C o m p a n y , a n d v a lu e o f a n n u ity r e ta in e d u n d e r W e s te rn U n io n co n ­
t r a c t , d e p o ts, s ta tio n s , w a re h o u s e s , sh o p s, fix e d m a c h in e r y in s a m e ,
C a n to n F e rr y , w h a r v e s i n B a ltim o re , P h ila . a n d N . Y ., a n d F lo a tin g :
E q u ip m e n t.

THE CHRONICLE.

NOT EMBE8 31, 1896.]

GENERAL

BALANCE

SH EET,

JU N E

30,

927
1896.
D ecrease.

In c re a se .

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

00
36
68
04
63

5 5 2 ,9 2 0 64
2 3 ,9 0 7 9 0
$ 5 6 ,0 9 5 ,1 7 7 71

C o s t o r O t h e r R o a d s o w n e d b y th e B a ltim o re A O h io R a ilro a d C o m p an y :
B a ltim o re A O h io a u d C h ic ag o R a ilro a d ,
R e p r e s e n te d b y b o n d s h e ld b y T r u s te e s ..................... $ 7 ,7 4 4 ,0 0 0 00
R e p r e s e n te d b y s to c k h e ld b y T r u s te e s ....................... 1 ,4 4 5 ,0 0 0 00
R e p r e s e n te d bv s to c k h e ld b y B. A O. R R . C o ..........
5 8 ,4 5 0 00
---------------------$ 9 ,2 4 7 ,4 5 0 0 0
B a lto W id i A A le x . B ra n c h o f th e W a sh . C ity A P o in t L o o k o u t R R ............................

$ 2 0 ,2 1 6 10

2 9 2 ,8 4 9 71
5 4 0 ,0 0 0 00
7 ,2 5 3 ,0 4 5 40
8 ,0 8 5 ,8 9 5 11

E q u i p m e n t o f B. A O. C a r T r u s t :

2 ,5 0 0 ,0 0 0
6 02,598
1 ,0 0 0 ,0 0 0
3 4 ,285
4 3 ,9 2 5
7 ,1 2 6
4 5 0 ,5 6 7

C o n s is tin g o f 9 6 E n g in e s , 3 0 P a s s ., 5 B a g g a g e , 3 R e f r ig 'r a n d 3 ,3 ! 6 F r e ig h t C a rs.

C a n c e le d
B on d s.

S in k in g F u n d s :

O n a c c o u n t .S te rlin g L o a n , d u e 1 9 0 2 ........... $ 3 7 8 ,4 8 8
O n a c c o u n t S te rlin g L o a n , d u e 1 9 1 0 ............ 4 5 ,4 9 6
$ 4 2 3 ,9 8 4

M iscella n eo u s B .& O .O o n .
B onds.
5 p e r cen ts.
$ 2 ,4 2 9 ,5 0 0
$ 2 ,7 8 7 ,0 0 0
9 3 5 ,7 2 8
2 ,6 0 1 ,0 0 0
$ 3 ,3 6 3 ,2 2 8

and

A p p r o p r i a t i o n s o p S in k i n g F u n d s :

1 ,0 5 4 ,1 5 2 00
7 9 ,0 0 0 0 0

8 6 ,1 5 2 00

1 2 0 .6 6 0 70
1 1 1 ,7 7 2 45

,

1 2 5 ,2 7 5 85

00
00
00
00
52
00
00
00
3 9 ,5 6 0 ,1 8 6
1 7 ,5 5 6 ,2 2 9
4 ,0 0 7 ,1 7 9
3 .4 7 7 ,6 9 3
7 2 9 ,1 2 2
2 ,8 6 9 ,9 0 6
1 ,4 1 8 ,8 4 0
1,91 0 .7 6 8
4 4 ,5 2 1
2 1 6 ,7 6 3
2 ,1 0 8 ,7 0 2

A d van.-.'* f..r C o n - tr u .e n .n a n d P e r m a n e n t Im p r o v ’t o n L in e s le a se d a n d o p e ra te d

r,

00
33
48
50
58

1 0 ,3 1 0 .3 6 4 00

2 3 2 ,4 3 3 15

j

2 0 0 ,0 0 0
5,7 1 9
3,0 5 3
1,130
1 5 1 ,0 1 9

3 1 6 ,0 0 0 00
2 0 6 ,0 3 2 00

5 ,5 9 4 ,9 8 8 0 0
3 ,5 8 2 ,2 2 4 00

B o n d s . S t o c k s a n d P r o p e r t i e s H e l d n r T r u s t e e s a s S e c u r it y f o r B o n d e d D e B f :
3 ,0 0 0 .0 0 0
P a r k e r s b u r g B ra n c h R a ilro a d 1 st M o rtg a g e B o n d s ............................................................
-d M o rtg a g e B o n d s....................................... 5 7 .7 4 4 .0 0 0
} 1 ,4 4 5 ,0 0 0
P it ts b u r g A C m m -Ilsv lllc R a ilro a d 2 d C o n so lid a te d M o rtg a g e B o n d s ....................... 1 0 ,0 0 0 ,0 0 0
3 ,0 0 3 ,1 8 6
W h e e lin g P it ts b u r g A B a ltim o re R R . 1 st M o rtg a g e ($3,000.0001 B o n d s ..................
4 .8 4 0 .0 0 0
B a ltim o re A P h ila d e lp h ia RI4. Co. 1 st M o rtg a g e (£ 1 ,0 0 0 ,0 0 0 ) B o n d s.........................
1 .0 2 8 .0 0 0
W a s h in g to n B ra n c h S to c k ................. .......................................................................................
I I,
,Q ,,, < T e rm in a l P r o p e r tie s ......................................$ 7 .2 ^ 4 .3 3 7 6 3 )
8 ,5 0 0 ,0 0 0
T e rm in d . L o a n 1 894) j t * , * w lth D e p o s ita r ie s .............................. 1 ,2 1 5 ,6 6 2 3 5 {

C a s t. In H a n d , o f T T e a s a re r

1 3 ,4 8 7 64

$ 5 ,3 8 8 ,0 0 0

O n a c c o u n t B a lt. W ash . A A lex . B r. o f th e W ash C ity A P t. L o o k o u t RK . C o ___
U n in v e s t e d I n c r e m e n t

00
44
00
70
69
16
S5

C e r t S c a t e s .........................1 ,6 1 1 ,2 9 6 6 6 |

52
1 5 7 ,5 3 2
62
19
9.5 1 ,0 7 1 ,9 9 5
3 1 6 ,2 0 9
20
25 9 ,5 3 1
87
38
4 4 0 ,4 2 0
58
28
60 > 2 ,321,013
53

14

5 3 5 ,9 7 8 16

70
09
50
65
08

$ 1 5 3 ,2 6 2 ,2 8 8 53 $ 5 ,6 9 4 ,7 8 8 63 $ 1 ,1 1 2 ,8 0 6 70
N e t In c re a s e $ 4 ,5 8 1 ,9 8 1 93
D ecrease.

In c rea se .
C a p it ax. St o c k — l* t P p e f e n w l ................... - ...................

2 d P r e f e r r e d ..........................................

$ 3 ,0 0 0 ,0 0 0
2 ,0 0 0 ,COO
$ 3 0 ,0 0 0 ,0 0 0 00

C o m m o n (In c lu d in g $ 2 ,3 0 0 S crip )
G r o u n d H i n t L ie n s —Ca p ita liz e d a t 6 p e r c e n t—M ain S t e m . . . . . — -P h ila d e lp h ia B ra n c h

6 8 7 ,3 7 5 67

Bondsd Drift Sk c v u d nr Mortoaoe Lien M » in L in e :
Loan
L-.

\/e*«

•

<. •!

$ 3 6 1 ,5 0 0 0 0

-n d e d a t 4 j e r c e n r . J a n a try a n d J u l y ...........
•• {..!»•,i »t i p**r ri-n f, A p i l l a n d O c t ...........

paid and canoeled................................. ............... *..........................

790,500,

1 ,7 0 9 ,5 0 0 0 0

Loan 1873, dm* l'»o>, pqreb»«^ of City** interest in P. A O. HR --------$1,000,000 1
I.. . .• < ktjMiiiil p »y m m t*» t'» J ul v 1, o f $ l o to o o **ach; 5 a n n u a l p a y 0 p* r • «*!!» ...............
........ ......
......... .........* ' "

(.old >-

1

..»i ... nr» - » r!imlt

$ 4 0 ,0 0 0 00

-*1*84, March and s**pi«*Tnber, ‘> o...

2 1 ,6 3 1 ,0 0 0 0 0

L o a n 1874, d u e 1910. £2.000,MOO S te rlin g * $1*84, M ay a n d N ovem ber, G%..........

4 ,0 0 0 ,0 0 0 00 $ 4 ,0 0 0 ,0 0 0 00

R e c e iv e r* ' O r t l d r a t e * . M erles I. $4,OO0,( k Hi. J u n e a n d D e ce m b e r, 6% ....................... j
B o f D i a H u n t S e c u r e d l ir M . r t o a o e L ie n anu Oo l i . a t k r a l :
L o a n 1883, d u e l o r n , ^2.4430,000 S t i r l i n g 9 $4*84. A p r. a n d O o t.. P |d la .B r .t 4 ^ % l
L o a n 1-4*7. d u e U»*«4. C o n * o ie late d M » rtg ag » \ A u g u st a n d F e b ., M ain ate™* b% --.
L o a n l* * 7 , d u e 19 hh , C o n so lid a te d M o rtg a g e , A u g u st a n d F eb ., M ain S te m , 5%,

5 .3 8 8 .0 0 0 00
.................... ...................
B o n d e d D e b t Bk c u r k d n r C o l l a t e r a l :
..
. ^
,
„ n/
3 ,0 0 0 ,0 0 0 00
L o a n INTO, d u e 1910, P a r k e m h u r g B ra n c h L o a n , A p rtl a n d O c to b er, c o7 .7 4 4 .0 0 0 0 0
L o a n 18 7 7 . d u e l 0 2 7 , £ 1 .6 0 0 ,0 0 0 St o r I. » $ i 84 (B. A O . A C .l J n n e a n d D e o .,5 % .
L ' maii 1
dm* 15*
o n a c c o u n t P it ts b u r g A C 'o n n elD v iile, F e b . a n d Auar., o % .. j 10 ,000,000 00
L o a n 1 8 8 7 , d u e 1 8 9 7 . C a r T r u s t B o n d s. J a n u a r y ao«l J u ly , * V ? 6 ........W^OO.OOO
2 5 0 ,0 0 0 00
L e ^ p a ym en t (1 annual p a ym en t y e t to b e m a d e )............................... ^,^ ou ,umu
L o a n 1 8 0 4 <T e rm in a ls ), d u e 1 0 3 4 , D e c e m b e r a n d J u n e , 4*3% ........................................j
B o n d s a *8Un k d n r t h e B a l t im o r e A O h io R R .:
IforU i ■ -r> n i ' 1 --in i i R a ilro a d <o m p a n y , 6%
......................
................................
B a it. W ash . A A le x a n d r ia B ra n c h o f th e \V aah. C ity A P o in t L ook o u t R R ., 6% ..j
D c * TO HIE rftJOUNO F u n d s in 3% C o n s o l id a t e d B o n d s .....................$ 1 2 0 .6 0 0 70
in c a s h ......................................................................... 11A>/
40

Dividends and Coupon Interest uncalled for....................................
Due to the Baltimore A Ohio Employes Relief Department.
.
Pittsburg A Western and Plttaburg Junction Relief Departments.
Washington Branch, including annuity.............................................•
D

'T ro ad * "M giMi‘*ral a ........

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

Traffic B dane«kAdue to Connecting Lines........ ........... •
—
s
i teres ton Funded Debt and Loans to June 3 0 , 1 8 v v ■ •
Accrued Rental* to June 30, 1896.....................................................
Accrued Taxes to tune 30, 1896 .....................................................
S p e c ia l Loans and Bills Pay a id e .........................................................
P a y Rolls f<*r June, payable In July........................................... .......
A c c o u n ts P a ya b le

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

duals and ( tan p a n ics................................................................

U n c la im e d W a g e s..................... ............................................................................

Wages Attached.....................................................................................
Profit a n d L o s s ...... ........................................ *..................................
Totals.

2 8 ,9 9 2 ,0 0 0 0 0

5 2 3 ,0 0 0 00

2 5 0 ,0 0 0 00

2 0 ,9 9 4 ,0 0 0 00
8 ,5 0 0 ,0 0 0 00

1 4 0 .0 0 0 00
5 4 0 .0 0 0 00

6 8 0 ,0 0 0 00
2 3 2 ,4 3 3 15

1 25,275 85

1 1 ,4 0 7 83
7 3 1 ,9 7 4 45

3 4 6 ,2 2 2 43

7 7 7 ,0 5 5
1 ,2 7 3 ,1 9 9
11 4 ,1 7 0
1 ,1 7 6 ,5 7 6
4 9 9 ,2 0 3
2 2 2 ,3 7 0
4 ,8 9 5 ,8 1 1
9 4 4 ,0 2 0
2 ,1 4 5 ,3 5 5
9 72,235
3 5 ,4 6 0
9,1 9 5
2 3 ,7 3 7 ,4 4 2

05
46
87
02
73
61
43
34
44
72
61
31
84

9 ,1 8 9 50

8 1 ,803 49
1 7 5 ,9 1 0 33
8 7 6 ,3 7 0
1 24 721
3 9 3 .7 1 9
1 0 6 ,2 9 4
2,676

74
74
64
82
38

1 9 ,3 7 4 12
8 4 ,573 09
10 6 ,1 6 9 2 7
5 9 ,6 2 2 ,7 5
5 0 ,3 9 2 75

7 6 82
1 ,5 5 4 ,6 4 2 19

$ 1 5 3 ,2 6 2 ,2 8 8 53 $ 6 ,7 5 5 ,9 9 5 42 $ 2 ,1 7 4 ,0 1 3 49
1 N e t In c re a s e , $ 4 ,5 8 1 ,9 8 1 93

THE CHRONICLE,

928

THE O REG O N R A IL R O A D & N AVIG ATIO N
COMPANY.
ABSTRACT OF CONSOLIDATED MORTGAGE,
DATED AUGUST 17, 1896,
SECURING $24,500,000 OF 4 PER CENT GOLD BONDS
DUE JUNE 1, 1946.

[ V o l . L X IIi

th e M a in , G e rm a n y , a t th e fix e d r a t e o f f o u r m a r k s tw e n ty p fe n n ig p e r
d o lla r, w ith o u t d e d u c tio n fo r ta x e s , b e iu g six m o u th s ' i n t e r e s t th e n
p a y a b le o n its f o u r p e r c e n t c o n s o lid a te d m o rtg a g e b o n d n u m b e r
T re a su re r.
FORM OF TRUSTEE'S CERTIFICATE.
T h e N e w Y o rk S e o u rity & T r u s t C o m p a n y h e r e b y c e r tifie s t h a t ttiis
is o n e o f a s e r ie s o f f o u r p r c e n t c o n s o lid a te d m o r tg a g e g o ld b o n d s
d e sc rib e d in th e w ith in - m e n tio n e d m o rtg a g e o r d e e d o r tr u s t , d a te d th e
s e v e n te e n th d a y o f A u g u s t, 1896.
N e w Y o r k S e c u r i t y & T r u s t Co m p a n y ,

T r u s te e .
By
P r e s id e n t.

P A R T IE S .

P R O P E R T Y ” C O N V E Y E D A S S E C U R IT Y .

The Oregon Railroad & Navigation Company, of Oregon, NOW, THEREFORE, THIS INDENTURE WITNESSETH:
hereinafter termed “ the Railroad Company,” party of the
That to secure the punctual payment of the consolidated
first part, and the New York Security & Trust Company, of mortgage bonds, etc., the Railroad Company by these pres­
New York, “ Ihe Trustee,” party of the second part.
ents does convey to the Trustee all and singular the follow­
P R E A M B L E .—O R E G O N R A IL W A Y & N A V IG A T IO N F I R S T M O R T ­ ing railroads, estates, franchises and privileges now owned
G A G E O F 18 7 9 .
or hereafter to be acquired, that is to say:
All of the properties so acquired from the said Purchasing
W h ereas , the Oregon Railway & Navigation Company on
July first, 1879, made a first mortgage to the Farmers’ Loan Committee, and all the interest of the Railroad Company in
& Trust Company to secure its first mortgage 6 per cent all other lines of railway, hereafter to be constructed, owned
bonds to the aggregate amount of $6,000,000 | of which or leased by it. Also all lands, tenements and heredita­
$4,900,000 remain outstanding and $1,100,000 have been can­ ments owned, leased or appropriated by the Railroad Com­
celed or are held by the Trustee of said mortgage for the pany in connection w ith its railroads, including also any
sinking fund], and also on Sept. 1,1880, made two mortgages interest of the Railroad Company in the lands held in trust
supplemental thereto conveying certain steamships, steam­ by Henry R. Reed and James G. Harris as Trustees.
Also all telegraph and telephone lines, roadbeds and
boats and other personal property, including the capital
stock of the Cascades RR. Co., and also certain real property station houses, all equipment and materials, and all lease­
holds,
etc., now or hereafter appertaining to said railroads.
as additional security for said bonds.
Also all locomotives and other rolling stock, all steamships,
P R E S E N T M O R T G A G E A U T H O R IZ E D .
wharves and fixtures, and all and singular the franchises
A nd w h e r e a s , the Railroad Company has been duly in ­ and privileges now owned or hereafter acquired, together
corporated [with the powers fully set forth in the mortgage] w ith all incomes received.
and has acquired by deed from the Purchasing Committee
Also all interest in the shares of the capital stock of the
all the property, including stock and bonds, formerly be­ Cascades RR. Co., of the Mill Creek Flume & Manufacturing
longing to the Oregon Railway & Navigation Co., the Oregon Co., of the Columbia & Palouse RR. Co. and of the W alla
Railway Extensions Co., and the W ashington & Idaho RR. Walla & Columbia River RR. Co., and in the bonds issued
Co., which said property was acquired by the Purchasing by the Columbia & Palouse RR. Company, said bonds being
Committee at foreclosure sale and is subject in part to the delivered to the Trustee herewith. Also all interest which
aforesaid first mortgage of the Oregon Railway & Navigation the Railroad Company has or may hereafter acquire in the
Company;
capital stock, or other securities of any other corporation.
The railroads mentioned in the foregoing description, and
A nd w h e r e a s , the Directors and stockholders of The Rail­
road Company have duly authorized the making of this the amounts of stocks and bonds conveyed to the trustee
mortgage to secure $24,500,000 of 4 per cent gold bonds each [said amounts being supplied for the information of the
substantially in the following form :
reader, as they are not contained in the mortgage] are as
follow s:
FORM OF BOND.
No

U N IT E D

STA TES
St a t e

TBE

of

O REG O N R A IL R O A D

O F A M E R IC A ,

$ 1 ,0 0 0

LINES OWNED IN F E E

SUBJECT TO PRIOR LIEN OF FIRST MORTGAGE
OF 1 8 7 9 .

O regon.

<£- N A V I G A T I O N

COM PA N T .

F o u r P e r C e n t C o n s o l id a t e d M o r t g a g e G o l d B o n d .

F o r v a lu e r e c e iv e d T h e O re g o n R a ilro a d & N a v ig a tio n C o m p a n y , a
h o d y c o rp o ra te , o rg a n iz e d a n d e x is tin g u n d e r a n d b y v ir t u e o f th e
la w s o f th e S ta te o f O re g o n , a c k n o w le d g e s its e lf in d e b te d a n d p ro m ise s
to p a y to b e a r e r , o r if th is b o n d b e r e g is te re d t h e n to th e r e g is te re d
o w n e r h e re o f, th e s u m o f O n e T h o u s a n d D o lla rs , i n g o ld c o in o f t h e
U n ite d S ta te s , o f o r e q u iv a le n t to th e p r e s e n t s ta n d a r d o f w e ig h t a n d
fin e n e ss , o n th e fir s t d a y o f J u n e , o n e th o u s a n d n in e h u n d re d a u d
fo r ty -s ix , a t th e office o r a g e n c y o f i h e s a id T h e O re g o n R a ilro a d <&
N a v ig a tio n C o m p a n y in th e C ity o f N e w Y o rk , a n d to p a y th e in te r e s t
th e r e o n fro m J u n e 1 ,1 8 9 5 , u n til s a id p rin c ip a l su m s h a ll b e c o m e d u e ,
a t t h e r a t e of f o u r p e r c e n t p e r a n n u m , p a y a b le in lik e g o ld c o in s e m i­
a n n u a lly a t s a id office o r a g e n c y , o r a t i ts office o r a g e n c y in B e rlin , o r
a t its office o r a g '-n c y i n F r . n k f o r t o n th e M ain , G e rm a n y , a t th e lix e d
r a t e o f f o u r m a r k s t w e n ty p fe n n ig p e r d o lla r, o n th e iir s t d a y s o f J u n e
a n d D e c e m b e r I n e a c h y e a r u p o n p r e s e n ta tio n a n d s u r r e n d e r o f th e
r e s p e c tiv e c o u p o n s th e r e f o r a n i e x e d h e r e to a s th e y s e v e ra lly m a tu re .
B o th p r in c ip .1 a n d i n t e r e s t o f th is b o n d a r e p a y a b le w ith o u t d e d u c ­
tio n f o r a u y t a x o r ta x e s w h ic h th e R a ilro a d C o m p a u y m a y be re q u ire d
to p a y o r r e t a i n th e re fro m b y a n y p r e s e n t o r f u tu r e la w o f ih e U n ite d
S ta te s , o r o f a n y S ta te o r T e r r ito r y th e re o f, th e R a ilro a d C o m p a n y
h e re b y a g re e in g t o p a y s u c h t a x o r ta x e s .
T h is b o n d i s o n e o f a s e rie s o f c o n s o lid a te d m o rtg a g e b o n d s , a ll o f
lik e te n o r , d a te a u d a m o u n t, n u m b e re d c o n s e c u tiv e ly fro m o u e
u p w a r d s , a n d n o t e x c e e d in g in th e a g g re g a te tw e n ty - f o u r m illio n five
h u n d r e d th o u s a n d d o lla rs ($ 2 4 ,3 0 0 ,0 0 0 ), is s u e d a u d to b e is s u e d in
p u r s u a n c e of, a n d a ll to b e e q u a lly s e c u re d b y , a m o rtg a g e d a te d th e
s e v e n te e n th d a y o f A u g u st, 1 8 9 6 , e x e c u te d b y th e R a ilro a d C o m p a n y
to t h e N ew Y o rk S e c u rity & T ru st. C o m p a n y , o f N e w Y ork, a s T r u s ­
te e , c o v e r in g th e p r o p e r ty a n d fr a n c h is e s o f th e R a ilro a d C o m p a n y , a s
th e r e in d e sc rib e d , to w h ic h m o r tg a g e o r d e e d o f t r u s t r e f e r e n c e is
h e re b y m a d e f o r t h e d e s c rip tio n oi th e p r o p e r ty a n d f r a n c h is e s m o r t­
g a g e d , a n d th e r ig h ts o f th e h o ld e rs o f s a id b o n d s u n d e r th e s a m e , a n d
th e te r m s a u d c o n d itio n s u p o n w h ic h s a id b o n d s m a y b e issu e d .
T h is b o n d s h a ll p a s s b y d e liv e ry u n le s s re g is te r e d in th e o w n e r's
n a m e u p o n t h e b o n d t r a n s f e r b o o k s o f T h e R a ilro a d C o m p a n y , s u c h
r e g is tr a tio n b e in g n o te d o n th e b o n d b y th e R e g i s tr a r o f T h e R a ilro a d
C o m p a n y . A f te r s u c h r e g is tr a tio n n o tr a n s f e r o f th i s b o n d s h a ll b e
v a lid u n le s s m a d e o n s a id b o o k s by th e r e g is te r e d o w n e r o r h is a tto r n e y
a n d s im ila rly n o te d o n th e b o n d ; b u t th e s a m e m a y b e d is c h a rg e d
fro m r e g is tr y b y b e in g tra n fo i r e d to b e a r e r , a f te r w h ic h tr a n s f e r a b ility
b y d e liv e ry s h a ll b e r e s to r e d a u d i t s h a ll c o n tin u e s u b je o t t o s u c c e ss iv e
r e g is tr a tio n s a n d tr a n s f e r s to b e a r e r a s b e fo re . S u c h r e g is tr a tio n ,
h o w e v e r, s h a ll n o t a ffe c t t h e n e g o tia b ility o f th e c o u p o n s, b u t th e s a m e
s h a ll c o n tin u e to b e tr a n s f e r a b le b y d e liv e r y n o tw ith s ta n d in g r e g is ­
t r a t i o n o f th e b o n d .
T h is b o n d s h a ll n o t b e v a lid f o r a n y p u r p o s e u n le s s a u th e n tic a te d b y
th e c e r tific a te h e re o n e n d o rs e d o f th e T r u s te e u n d e r s a id m o rtg a g e o r
deed of tru s t.
I n w it n e s s w h e r e o f , T h e O re g o n R a ilro a d & N a v ig a tio n C o m p a n y
h a s h e re u n to affix ed its c o rp o ra te s e a l a n d h a s c a u s e d th e s e p r e s e n ts
to b o s ig n e d by i t s P r e s id e n t a n d its A s s is ta n t S e c re ta ry a n d c o u p o n s
w ith th e engraved s ig n a t u r s o f i t s T r e a s u r e r to b e affix e d h e re to th is
s e v e n te e n tn d a y o f A u g u st, 1 8 9 6 .
T h e OREGOiN R a il r o a d & N a v ig a t io n C o m pa n y ,
By
P r e s id e n t.
A tte s t:
A s s is ta n t S e c re ta ry .
FORM of coupon .
NoJ
$20.
T h e O re g o n R a ilro a d & N a v ig a tio n C o u ip a u y w ill p a y to h e a r e r a t
its office o r a g e n c y in th e C ity o f N e w Y o rk o n
T w e n ty
d o lla rs ($20) in g o ld co in o f t h e U n ite d S ta te s , o r th e s a m e a m o u n t a t
t s office o r a g e n c y in B e r lin , o r a t i ts office o r a g e n c y i n F r a n k f o r t o n

P o r tla n d , O re ., to H u n tin g to n , O re ...............................................................
P e n d le to n J u n c tio n , O re ., to B lu e M o u n ta in , O re ...............................
M ilto n , O re ., to L a C ro sse J u n c ti o n , W a s h ..............................................
B o lle s J u n c tio n , W ash ., to D a y to n , W a s h ................................................
W illo w s J u n c ti o n , O re ., to H e p p n e r , O r e ..................................................
U m a tilla , O re ., to W a llu la J u n c ti o n , W a s h ..............................................
S ta rb u c k , W ash ., to P o m e ro y , W a s h ............................................................

M iles.
402
28
94
13
45
27
30

LINES OWNED IN FEE ON WHICH THE CONSOL. MORTGAGE IS A FIRST
LIEN.
L a G ra n d e , O re ., t o E lg in , O r e .........................................................................
21
W in o n a J u n c tio n , W asli., to S e ltic e , W a s h ................................................
48
F a r m in g to n , W ash., to S p o k a n e , W ash ........................................................
60
T e k o a , W asli., to M u lla n , I d a h o , w ith b r a n c h fr o m W allac e ,
I d a h o , to B u rk e , I d a h o ............................. ......................................................
94
T o ta l (of w h ic h c o n so l, m o rtg a g e is a f ir s t lie n o n 2 2 3 m ile s ).

86 2

ROADS WHOSE SECURITIES ARE ALL PLEDGED HEREUNDER.
B o n d s . M ile s.
L in e s o f R o a d —
Stock.
C o lu m b ia & P a lo u s e R R ..................... - ..........$ 1 ,0 0 0 ,0 0 0 $ 2 ,8 2 9 ,0 0 0
C o n n e ll J u n o ., W ash, v ia L a C ro sse J u n e .,
117
t o M o sco w , I d a h o ...... ....................................
28
C o lfa x , W ash ., to F a r m in g to n , W a s h ___
N o n e iss.
W a lla W a lla & C o lu m b ia R iv e r R R ............
7 0 0 ,0 0 0
31
W a llu la J c .,W a s h ., to W a lla W a lla ,W a sh .
5
B lu e M t., to M ilto n , O re ...............................
N o n e iss.
C a s c a d e s P .a ilro a d ................................................ 1(150,000
L o w e r t o U p p e r C a s c a d e s , W a s h .. ..........
2 0 0 ,0 0 0
N o n e iss.
M ill C re e k F lu m e & M a n u f a c tu r i n g ............
13
W a lla W alla to D u d le y a u d D ix ie ,W a sh .
T o ta l.

.$ 2 ,0 5 0 ,0 0 0

$ 2 ,8 2 9 ,0 0 0

200

$ S u b je c t t o p r io r lie n o f th e f ir s t m o rtg a g e o f 1879.
P R IO R L IE N

Subject nevertheless in part to said first mortgage of th e

Oregon Railway & Navigation Company.
ARTICLE ONE,

[See above.]

T O T A L IS S U E L IM IT E D TO $ 2 4 ,5 0 0 ,0 0 0 .

S ection 1. The aggregate amount of all the consolidated

mortgage bonds shall not in any event exceed $24,500,000.
C O N SO LS F O R $ 1 5 ,1 7 4 ,0 0 0 , C A R R Y IN G IN T E R E S T F R O M J U N E
1, 18 9 5 , D E L IV E R A B L E F O R T H W IT H .

S ection 2. Of such consolidated mortgage bonds $15,174,000 receiving interest from June 1, 1895, shall forthwith be
delivered upon the order of the Reorganization Committee.
C O N SO LS F O R $ 5 ,3 9 0 ,0 0 0 R E S E R V E D TO R E T IR E T H E $ 4 ,9 0 0 ,0 0 0 O LD F IR S T S .
S ec. 3. Of the remainder of such consolidated mortgage

bonds,$5,390,000, or such part thereof as may be required there­
for, shall be reserved to retire the outstanding $4,900,000 first
mortgage bonds of the Oregon Railway & Navigation Co.
The bonds so reserved shall be delivered in amounts equal to
the amounts of such first mortgage bonds that may from
time to tim e be acquired for the sinking fund. They
shall also be delivered as follows : Whenever any of
said first mortgage bonds shall have been acquired

THE CHUONICLE.

N o v e m b e r 21. 1896.]

otherwise than by the operation of the sinking fund,
but not from the proceeds of sales of any of the property
of the Railroad Company, the Trustee shall cancel the
same, and in exchange therefor shall deliver to the Railroad
Company from the bonds so reserved an amount thereof
equal to the amount in cash given for the said first mortgage
bonds as shown by the certificate of the President and Treas­
urer of the Railroad Company, but not more than $110 in
these bonds in exchange for each $100 of the said first mort­
gage bonds so retired.
In case first mortgage bonds of the Oregon Railway &
Navigation Company shall be purchased from the proceeds
of sab-s of any of the property of the Railroad Company and
canceled in pursuance of the provisions of Article Five
hereof, none of the bonds secured hereby shall be delivered
by the Trustee in exchange for the bonds so canceled.
CONSOLS FO R $1,106,000 R E SER V ED FO R IM PROVEM ENTS,
CONSTRUCTION AND TERMINALS. BUT NOT E X ­
CEED IN G $250,000 TO BE ISSU ED YEARLY.
S ection 4. Of the consolidated mortgage bonds $1,108,000

shall be used ouly for construction, betterments and im­
provements upon the railroad, terminals or other property
subject to the lien of this indenture. Such bonds shall be
delivered whenever called for by a resolution approved by
two-thirds of the Directors of the Railroad Company, but at
a rate not exceeding $250,000 thereof per annum.
CONSOLS FO R $2,830,000 R E SER V ED FOR EXTENSIONS AT
$20,000 P E R M ILE.

S ection 5. The remainder of such consolidated mortgage
bonds, amounting to $2,830,000, sliall be delivered to the
Railroad Company from time to time at the rate of $20,000
for each mile of standard gauge of railroad, not inclusive
of sidings and side tracks, that may hereafter be constructed
by the Railroad Company under its articles of incorporation
and any amendment thereof, to the mouth of the Columbia
River or elsewhere. Said bonds shall be delivered upon the
resolution of the Board of Directors of the Railroad Com­
pany, certified by the Secretary or Assistant Secretary, and
accompanied by the certificate of the Chief Engineer of the
Railroad Company that such railroad has been completed,
ready for operation, in a thorough manner, and stating the
location and the precise length thereof in miles.
ARTICLE TWO.

929

release from the lien of this indenture any premises used
for stations or other buildings, or for the supply of gravel,
fuel or other materials, which in the judgment of the
Railroad Company shall be no longer required and like­
wise any parts of the tracks, sidings or roadway which
may have been thrown out of use through any cause satisfac­
tory to the trustee. The proceeds of sale of any such property
shall be invested in the purchase of other property, which
shall be conveyed to the Trustee, subject to all the trusts
hereby declared, or in betterments or improvements, or in
some other way, to the benefit of the mortgaged premises to
the satisfaction of the Trustee. When such released prem­
ises shall have been thrown out of use by reason of changes
of the line of the road, or changes of depot grounds, build­
ings or other accommodations, the substitutes therefor
acquired shall, ipso facto, become subject to the lien of this
indenture.
The Railroad Company shall also have full power to dispose
of, as it may see fit, any real estate not appurtenant to its
railroad and any part of the steamship property, provided
always that the moneys realized therefrom shall be applied
either to the purchase of property necessary for the business
of the Railroad Company, the property so purchased to be
subject to the lien hereof, or to the purchase and cancel­
lation either of the first mortgage bonds secured of the
Oregon Railway & Navigation Co., or of the bonds issued
hereunder, at such price as shall be agreed upon between the
Railroad Company and the Trustee.
ARTICLE SIX.

R E G ISTRA TIO N .

The Railroad Company will, at an office or agency in the
City of New York, keep hooks for the registration and trans­
fer of the bon Is issued hereunder. [For further provisions
regarding registration see copy of the bond above.]
ARTICLE THREE.
TREATMENT O F S E C U R IT IE S PLED G ED .

COUPONS PLE D G E D A PA RT FROM BONDS TO HAVE SUBOR
D INATE LIEN.
SF.CTION s N o c o u p o n b e l o n g i n g t o a n y b o n d h e r e ­
b y s e e m e d w h ic h on o r a f t e r m a t u r it y s h a ll b e tr a n s ­
f e r r e d or p le d g e d a p a r t f r o m i t s b o n d s h a l l b e e n t i t l e d t o
a n y b e n e fit fro m th i s in d e n tu r e , e x c e p t a f t e r t h e p rio r fu ll
p a y m e n t of t h e p r i n c i p a l o f a l l b o n d s is s u e d h e r e u n d e r , a n d
o f a l l c o u p o n s a n d i n t e r e s t o b l i g a t i o n s n o t so t r a n s f e r r e d o r

pledged.
ON D E FA U LT F O R 90 DAYS T H E TRU STEE MAY TAKE
POSSESSION.
S e c . 2. In case of default for 90 days in the payment of
any interest on any of said bonds hereby secured or of the
principal thereof, when due, or in the performance of any
covenant herein for 90 days after the Trustee shall have re­
quested the Railroad Company to perform the sam e; then in
any such case the Railroad Company shall, upon demand of
the Trustee, forthwith surrender to the Trustee the actual
possession of the railroads, property and premises hereby
conveyed.
The Trustee shall thereupon operate the property and may
insure and maintain the rolling stock and other property
used in connection with said railroads to the same extent as
is usual with railway companies. Likewise, at the expense
of the trust estate, it may make all necessary repairs and
useful alterations and improvements thereon, as to it may
seem judicious. All income from the property and also from
the stocks and bonds pledged hereunder, after deducting the
expenses of operating and maintaining said railroads and of
all repairs, alterations, additions and improvements, and of
all taxes, and other proper charges upon the premises, shall
be applied by the Trustee to the payment of the overdue and
unpaid interest upon all of the bonds hereby secured,
ratably, to the persons entitled thereto.
In case all the said payments shall have been made in full
and no suit to foreclose this mortgage shall have been be­
gun, or sale made as hereinafter provided, the trustee after
making such provision as to it may seem advisable for the
next semi-annual instalment of interest, shall restore the
possession of the premises hereby conveyed to the Railroad
Company.

So long as no default shall be made hereunder the Trustee
sliall permit the Railroad Company to vote the stocks of the
Mill Cr- ek Flume & Mfg. Co., the Walla Walla & Col. River
Railroad Coiniany and the Columbia & Palouse Railroad
Company, held by the Trustee hereunder, and the Railroad
Company mav at any time cause the properties of those
compimi * t.i be conveyed to it, subject to the lien hereof.
Upon the payment of the first mortgage bonds of the
Oregon Railway dfc Navigation Company the Trustee shall
obtain and hoi. 1 hereunder the certificates of capital stock
of the a* vies Railroad Company held by the Farmers
b a n & Trust Company. The Railroad Company, however,
shall not lie obliged to operate the Cascades Railroad Com­
pany, an 1 it mav - 'll that property at any time, provided that
the proceeds of sale shall () ■applied by the Trustee to the
purchase of said first mortgage bonds of the Oregon Railway
vigation Company or to the purchase of new equipment,
subject to the lien hereof, or to the betterment of the rail­
road of the Railroad Company.
OR T H E TRU STEE MAY SEL L T H E PR O PE R T Y OR B R IN G
ARTICLE FOUR.
FORECLOSURE SUIT.
COVENANTS AS TO PAYM ENT O F BONDS, T A X ES, ETC.

The Railroad Company covenants that it will punctually
pay the principal of the bonds issued hereunder and
the interest accruing thereon, without deduction for any
taxes which it may be required to pay or retain therefrom
under auv present or future law of the United States, or of
any State or Territory thereof, the Railroad Company agree­
ing to pay any such taxes. All coupons, when paid, shall
forthwith be canceled.
The Railroad Company will also from time to time pay all
taxes lawfully imposed upon the premises and w i l l n o t
suffer to be created any mechanics’, or other lien w h i c h
would be prior to the lien of these presents.
DEED S O F F U R T H E R ASSURANCE.

All property, to the extent hereafter acquired, as herein
provided, out of bonds hereby secured, shall, w i t h o u t any
further conveyance, be subject to the lien of this i n d e n t u r e .
The I
ompany, however, covenants that i t w i l l e x e ­
c u t e all s u c h further conveyances as the Trustee inay r e a s o n ­
ably require, for the purpose of expressly subjecting t o the
lien of this indenture any and all property intended t o b e
included in the lien of this mortgage.
ARTICLE FIVE.
R ELEA SE O F PR O PE R T Y FROM L IE N H EREO F.

Upon t li ' writt -n request o f the R ailroad C o m p a n y , s i g n e d
by its President, the Trustee, from time to tune, shall

S ecs . 3 TO 8. Or in case of default as aforesaid the Trustee
iliall be entitled either f a j to sell to the highest and best
ndder in one lot and as an entirety all and singular the
nortgaged and pledged railroad and premises, bonds, stocks,
■iglits, franchises and interests, at public auction at the
_•ity of Portland, Oregon, after public notice by advertisenent, published once in each week for six successive weeks
n Portland, Ore.; New York, N. Y., and Boston, Mass., or
b i to enforce the rights of the bondholders by suits m
•quity or at law for the foreclosure of this mortgage, or
or the enforcement of any other remedy, as the Trustee,
jeing advised by counsel learned in the law, shall deem
nost effectual.
,
,
, ,,
The proceeds of any such sale shall be applied as follows:
F ir s t.—T o th e p a y m e n t o t th e e x p e n s e s o f s u c h s a le , in c lu d in g a
■oasoliable c o m p e n s a tio n to th e T r u s te e , a n d o f a l e x p e n s e s m e u rre d
,11 m a n a g in g a n d m a in ta in in g th e p ro p e rty , a n d all ta x e s , a s s e s s m e n ts
ir c h a rg e s p r io r to th e lie n of th e s e p re s e n ts , e x c e p t a n y ta x e s , a ss e ss ­
m e n ts o r o th e r s u p e r io r c h a rg e s to w h ic h s u c h s a le s h a ll h a v e b e e n
'''isv ro m V .-T o th e p a y m e n t o t th e u n p a id p rin c ip a l a n d a c c ru e d a n d

u n p a id in te r e s t of a ll s a id b o n d s th e n o u ts ta n d in g a n d u n p a id , l a t a b l y
a n d w ith o u t d is c r im in a tio n b e tw e e n th e b on s o r p re fe re n c e o f p rin . 1 - . 1 ____ — t . .

A , , n n f l l l t o p n a f f l V A P T V ri T1!*,1 1I H .l.

Upon commencement of judicial proceedings to enforce
any right of the bondholders the Trustee shall be entitled to
the appointment of a receiver of the premises with such
powers as the Court shall confer, and in every such case the

930

THE CHRONICLE.

Trustee shall be entitled to receive all the surplus income of
such property for the benefit of the holders of bonds hereby
secured•
W A IV ER O F EX TE N SIO N , & C„ LAWS.

[Y ol. LXII1.

'Qht (&ommzxtml jinxes.
C O MM ER CIAL

EPITO M E.

Sec. 9. The Railroad Company waives all benefit and ad­
F r id a y N i g h t . N ov . 20 , 18 9 6 .
vantage of any extension, stay, appraisement or redemption
There has continued a gradual improvement in the business
laws now or hereafter in force ; and it agrees that it will not
hinder, delay or impede the execution of any power herein situation, and merchants have, as a rule, experienced a mod­
erate trade with prices showing a tendeccy to favor sellers.
granted to the Trustee.
REQUEST OF 25 P E R CENT O F T H E BONDS NECESSARY TO In some lines, however, it is too late in the season for a mate'
R E Q U IR E ACTION n E R E U N D E R .
rial increase in demand, but inasmuch as confiience has been
S ec. 10. No holder of any bond or coupon sball have the
right to institute any action in equity or at law for the fore­ restored there has been a better tone, and it is expected that
closure of this indenture or for the appointment of a receiver with the opening of the spring trade business will quickly
or for any other remedy hereunder unless the holders of 25 revive. Official reports of the yield of the principal Russian
per cent in amount of the bonds hereby secured and then out­ cereals show that the total is 132,000,000 bushels below the
standing shall have made written request of the Trustee, and
shall have afforded it reasonable opportunity to exercise the average for the past thirteen years.
Only a very limited amount of business has been transacted
owers hereinbefore granted; it being intended that no
olders of bonds or coupons shall enforce any right hereun­ in the market for lard on the spot. The home trade has been
der except in the manner herein provided, and for the equal a slow buyer and the export demand has been checked by
benefit of all holders of such outstanding bonds and coupons.
Except, as herein expressly provided to the contrary, no the scarcity of ocean freight room. Offerings have been
remedy herein conferred is exclusive of any other remedy, moderate, and prices have declined, closing dull at 4 ’10c, for
but every such remedy shall be in addition to every other prime Western, 3-62J^c. for prime City and 4‘45c. for refined
remedy existing at law or in equity or by statute.
for the Continent. There has been no trading in the local
A M A JO R IT Y O F T H E BONDS MAY CONTROL FO RECLOSURE market for lard futures, but at the West there has been a
PR O C EE D IN G S, ETC.
S ec. 11. The holders of a majority in amount of all the weaker market under free offerings, prompted by the con­
bonds hereby secured and then outstanding shall have the tinued slowness of the spot demand and the liberal receipts
right to direct and control all proceedings for sale of the of swine. The close was quiet,
DAILY CLOSING PRICES OF LARD FUTURES.
premises hereby conveyed, or for the appointment of a re­
M on. Tiies.
Wed. Thur. Fn.
ceiver, or any other proceeding hereunder, and to instruct D e c e m b e r.......................... o. 4Bat.
-3 5
4-25
4-10
4-05
405
405
the Trustee to continue or to discontinue any such proceed­
Pork has had only a very moderate call but no changes
ings hereunder ; provided, however, that until instructions
shall have been given the Trustee may, in its sound discre­ have cccurred in prices, closing at $9@8 50 for mess, $10 50@
$11 50 for family and $9@$10 50 for short clear. Cut meats
tion, exercise ftny right hereby conferred.
have sold slowly and prices have weakened slightly, clos­
ARTICLE SEVEN.
ing at 5@5J^c. for pickled bellies, 12@10 lbs, average,
D E F A U L T —ON RE Q U E ST OF 25 P E R CENT O F T H E BONDS, 4(a4tyc. for pickled shoulders and StyigOc. for pickled
P R IN C IP A L SH A L L B E D EC LA R ED DUE.
hams. Bpef has had a fair sale at steady prices, closing
In case of default for 90 days in the payment of any inter­ at $7@$7 50 for mess, $8@$9 for packet, $9(3)10 for
est on any of the bonds secured hereby, then upon the family and $ll@$13 for extra India mess. Beef hams have
w ritten request of the holders of 25 per cent in amount of advanced, closing at $17@$17 50. Tallow has weakened
the bonds outstanding, the Trustee shall, by notice in writ­ slightly, closing with sales at 3j^c. Oleo stearine has been
ing to the Railroad Company, declare the principal of all quiet and weaker, closing at 4Jg@5c. Lard s.eanne has de­
the bonds to be immediately due and payable. But the clined and the close was dull at 5@5i£o. Cotton-seed oil has
holders of a majority in amount of said bonds may there­ been quiet and closed slightly easier at 22J^c. for prime crude
after, in like manner, annul or reverse any such declaration. and 253^@26c. for prime yellow. Butter has been in fair de­
mand and firm, closing at 13ty@22c. for creamery. Cheese
ARTICLE EIGHT.
has held steady for the choice grades, but demand has been
COVENANTS H E R E IN A R E TO B IN D ANY' SUCCESSOR
quiet, closing at 7^@10J£c. for State factory full cream.
COMPANY.
Fresh eggs have been in limited supply and firm at 24c. for
All the covenants, promises and agreements of the Rail­ choice Western.
Coffee of Brazil growth has had very little call, and as of­
road Company in this indenture contained shall bind its
successors and assigns, and it is agreed that for every pur­ ferings have been fairly large, prices have weakened, closing
pose of this indenture the term “ The Railroad Company ” with sales at 10c. for Rio No. 7 and 9%c. for Rio No. 8. Mild
shall be construed to mean not only the party of the first grades have had only a moderate call but values have held
steady, closing at 16J^c. for good Cucutaard 24J^c. for stand­
part hereto, but also any successor corporation or assigns.
ard Java. There has been increased activity to the trading
ARTICLE NINE, ETC.
in the market for contracts but at a further decline in prices,
IN STRU M EN TS IN W RITING.
due to free offerings prompted by weaker advices from
Any request in w riting required by this indenture to be primal markets, closing steady.
signed by the bondholders may be signed by such bond­
The following were the closing prices:
holders in person or by attorney in fact, the signature O e t..... ................. 9 '5 0 o . | J a n .................... .. 9 '4 5 c . A p r i l . . . . ............ 9 '4 5 c .
being proved by the certificate of any notary public, or N o v .___. . . . . . . 9 '4 0 o . F e b . . . ................... 9 '4 5 c . M ay . . . . ______ 9*45o.
other officer authorized to take acknowledgements of deeds D e o . . . . . . . . . . . . . 9 '4 0 o . I M a r c h . . . . . _____ 9 ‘45o. J u n e .................... 9 4 5o.
Raw sugars have declinedand at the concessions large sale8
to be recorded in the State of New York, including any
were made. Tbe close was firm at
for centrifugals, 96U nited States Consul.
deg, test, and 2%c. for muscovado 89-deg. test. Refined
OBLIG A TIO N S AND L IA B IL IT Y OF TRUSTEE.
The Trustee shall not be required to take any step in the sugars have sold slowly and prices have declined JqJc. for hard
execution of the trusts hereby created except upon receiv­ arid tyc. for soft grades, closing at 4%c. for granulated. Tea
has had a fair sale at firm prices.
ing a reasonable indemnity against the costs involved.
Kentucky tobacco has been quiet, but prices have been u n ­
The Trustee shall not be answerable for any default or
miscarriage of any agent or attorney by it appointed here­ changed and firm. Sales 175 hhds. Seed leaf tobacco has
under, if such agent was selected w ith reasonable care, nor had a moderate call at steady prices. Sales for the week
for any error or mistake of judgment made by it in good were 1,975 cases, as follows: 300 cases 1895 crop, New E n g ­
faith, but shall only be liable for its own willful misconduct land Havana seed, 15@25c; 500 cases 1895 crop, Wisconsin
Havana, p f.; 200 cases i893crop, Wisconsin Havana, 8@ llc ;
or gross negligence in the execution of said trusts.
300 cases 1895 crop, flats, ll(®15o ; 200 cases 1895 crop, ZimR E SIG N A TIO N O F T RU STEE.
mr r, I0l^@12c,; 125 cases 1894 crop, Zimmers, lty£@12J^o.;
The Trustee may resign by notice in writing to be given 150 cases 1894 crop, Pennsylvania Havana, ll@12c.; 50 cases
to the Railroad Company,, and published one or more times 1892 crop, Dutch, p. t., and 150 cases sundries, 4@ 6c.; also
in a newspaper in the City of New York, at least two 1,000 bales Havana at 75c. to $1 15, and 150 bales Sumatra at
months before such resignation shall take effect, but such 60c. to $1 75 in bond.
resignation shall take effect immediately upon the appoint­
Straits tin has had a fairly active call from the consuming
m ent of a new Trustee hereunder.
trade but at the close was quieter ; pric< s were quoted steady
A NEW T R U ST E E MAY B E A P P O IN T E D BY' A M A JO R ITY .
at 13-05 <tl3T5c. Ingot copper has been in demand at ad­
In case a Trustee shall resign, be removed, be dissolved or vancing prices and the close was firm at 11-30@11 45c. for
otherwise become incapable of acting, a successor may be Lake; offerings have been limited. Pig lead has been in de­
appointed by the holders of a majority in amount of the mand and higher, closing firm at 2'97J^@3 02J£c. for domes­
bonds secured hereby then outstanding; provided, never­ tic. Spelter has had a moderate call, selling at firm prices,
theless, that the Railroad Company may, by an instru­ closing at 4'15@4'25c. for domestic. Pig iron has been in fair
m ent executed by order of its board of directors, ap­ demand ard firm at §11@$13 for domestic.
point a Trustee to act until a new Trustee shall be ap­
Refined petroleum has declined, closing at 6'80c. in bbls.,
pointed by the bondholders, but any new Trustee appointed 4 30c. in bulk and 7-75c. in cases; naphtha dull at 6?£c.
by the bondholders shall immediately supersede any Trustee Crude certificates have been neglected, closing nominal at
appointed by the Railroad Company. Every such Trustee $1 15. Spirits turpentine has been dull and weaker, closing at
shall be an incorporated trust company of good standing in 27ty(323c. Rosins have been quiet and unchanged at $t 92ty
the City of New York, having a capital and surplus of at for common and good strained. Wool has bad a fair sale at
least $1,000,000.
firm prices. Hops have been in increased demand and firm.

E

THE CHRONICLE.

N ovember 31, 1896.]
C

O

T T O

N

.

F r id a y N ig h t , November 30, 1896.
t h e C r o p , aa indicated by our telegrams

T he Mo v e m en t o f
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 316,717 bales,
against 389,708 bales last week and 304,933 bales the previous
w eek, making the total receipts since the 1st of Sept., 1896,
3,341,445 bales, against 3,261,017 bales for the same period of
1895, showing an increase since Sept. 1,1896, of 980,428 bales.
R eceip ts a t—

Bat.

H on.

T u es.

W ed.

[

Thun.

F ri.

T ota l.

Galveston........ 5.533 14.584 7,394 8,037 7.924 11.148
. ..... . . . . . . 1,141 1,040
Tex. City, Ao.
451 .... . .
New Orleans... 10,748 16,203 21,874 10,194 15,737 12,766
Mobile.............. 1,204 3,290 2,893 2,011 1,396 2,854
Florida.............
907
Savannah........ 6,172 4,313 7,613 3,301 9,177 7,380
Brunew’k, Ac. ...... .... . .
.....a . . . . . .
10,413
Charleston....... 1,362 6,217
856 3,369 1,672 3,816
..... . ..... . .....
Pt. Royal, Ac. .. . . . .
....... 8,599
Wilmington___ 3,304 3,203 3,382 2,107 2,276) 2,745
....
28
Norfolk............. 8,120 8,221 11,134 6.912 6 ,l7 ll 10,158|
...... . . . . . . ......1 . . . . . .
Weat Point.......
.... . . . . . . . . . ..... . . . . . .
998
N’ port N., Ac. . . . . . .
New York........
400
461 ........
Boston.............
1,404 1,820 1,652 1,842 2,032: 1,561
....
...... ......
894
Baltimore........
......
379j
494
Phlladelph’ a.Ac
205
80
28
411

54,640
2,632
87.522
13,648
907
37,956
10.413
17,322
8.599
17,017
28
50,769
998
861
9,914
894
1,597

Tot’ ls this week 39.729 57,889 37,328 39,062 48,020 75,6891315,717

The foil >wing shows the week's total receipts, the total since
S ept. 1, 1898, and the stock to-night, compared with astyear.
W o t.

20.

1895.

1896.

R e c e i p t ! to

S in c e Sep.

T h is
W eek .

T h is
W eek .

B lo c k .

S in c e Sep.

1896.

1895.

169.329
4,100
353,473
44,553

131,671
6,105
339.622
32,600

109,998
11,176
70,027

93.636
6.428
57,443

29,975

19,006

82,403
2,141
206.529
27,000
9,152
9,603

38,536
10,230
2,511
179,070
18,000
23.590
10,849

T otals....... 313.717 3,241.145 212.429 2,261.0171 i ,135,911

969,253

G alveston...
Tex. 0 .,4 o.
N e w Orleans
M obile.........
Florida........
Savannah ...
B r'w U k , Ac
Charleston ..
P. Royal, A*:
Wilmington
Waub'n.Ae
N orfolk.......
West Point..
N’ p 'tN .A c
N ow Y ork...
Boston..........
Baltimore...
PhUadel., Ac.

1, 1896.

710.534
47,733
969,499
115,233
25,658
404.999
69,906
230.917
31.699
153.442
416
390,017
50
6,279
998
14,791
961
56,791
9,914
89 4
12,621
1,597
11,797

54.640
2,032
87,522
13,649
907
37,956'
10.413
17.322
8,599
17,017
28
50.769

1. 1895.
451,956!
30,893
717,468'
86,096
11,603}
378,659
52,786)
152.454
23,4451
95,938|
294
111,863)
71,493
7,181
7,386
3 2.6881
9,450
18,384

40,732
3,214
73,312
10,466
379
25,762
5,969
11,396
75
7,638
46
10,439
12,977
623
1,170
4,462
2,047
1,822

...

In o rd er that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
R e c e i p t ! a t —l

1896. | 1895.

57,272
87.522
M obile........
13.649
Savannah ..I • 37.950
25,921
Ohaa'Cnn. Ac
W Urn'ton, A o
17.015
50,789
N orfolk___
W. Point, Ac.i
999
24.396
All others...
G a lv c e 'n A c,
w Orleans

43.946
73.312
10,466
25,762 \
11,471
7,684
10,139
13,500
15319

1893. | 1892.

1894.
78,108
120,973
8.628
33,392
29,411
12.346
30,083
19,536.
19,475

52.737
88.317
9,113
43,462
15,401
12,670,
30,482
19,234j
19,557

| 1891.

61,940
57,119
73.160 112,298
11,345
8.211
44,403
37,000
14,219
17,176
8,450
8,760!
17,352: 22,539
15,838) 14,974
20,102
19,133

931

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by Messrs,
Lambert & Barrows, Produce Exchange Building.
ON SHIPBOARD, NOT CLEARED FOR—

N ov. 2 0 a t—

G reat
O ther
B r ita in . F rance. F oreign

L e a v in g
stock.

C oast­
w ise.

Total.

1,100
1,902
2,000
800
N one.
1 3 .000
N one.
N one.

6 3 ,1 8 4
5 8 ,638
2 4 .000
2 8 ,3 0 0
1 5 ,500
6 2 .0 0 0
13,900
4 2 ,0 0 0

T o ta l 1 8 9 6 ... 159,405

2 7 ,736 106,579 18,802

31 2 ,5 2 2

8 2 3 ,2 9 2

T o ta l 1 8 9 5 ... 1 02,988
T o ta l 1 8 9 4 ... 2 01,629

4 0 ,391 9 0 ,064 9,052
6 2 ,1 6 6 136,113 13,397

24 2 ,4 9 5
4L 6.305

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

N ew O rle a n s ...
G a lv e s to n .........
S a v a n n a h ..........
C h a r le s to n . . . .
M o b ile ...............
N o r f o lk ..............
N ew Y o rk ..........
O th e r p o r t s ___

3 8 ,0 1 0
2 0 ,495
5.0 0 0
13,900
1 5 .000
3 5 .0 0 0
8.0 0 0
2 4 .0 0 0

3,6 8 0
2 1 ,1 5 6
2.0 0 0
N one.
N one.
N one.
90 0
N one.

2 5 ,394
15,035
15.000
13,600
500
14.000
5,000
18.000

2 8 5 ,2 8 9
1 10,691
8 5 ,988
4 7 ,7 2 7
2 9 ,0 5 3
2 0 ,4 0 5
19 2 ,6 2 9
5 1 ,5 1 0

Speculation in cotton for future delivery has been
fairly active but the course of prices has been down­
ward. There has been general liquidation by “ longs,’1
induced by a continued free movement of cotton from
planters’ hands. The belief has been growing steadily lat­
terly that the crop has been under-estimated. Saturday there
was a steady market, with the ohanges in prices for the day
unimportant. Monday, however, prices broke rather sharply,
as there were free offerings from the South and Europe, and
local operators were also selling, prompted by the fullness of
the crop movement. Tuesday the selling pressure was not
so great ahd a recovery of 3 to 4 points in prices was made,
as there was some buying by “shorts” to cover contracts.
Wednesday the market again turned weaker, prices showing
a deoline for the day of 13@16 points. There was renewed
selling for Southern and foreign account, and as prices de­
clined stop orders were reached, which added to the weak­
ness of the market. Thursday there was an irregular mar­
ket. The opening was steady but later in the day there was a
pressure to sell, both for Southern and foreign account.
Toward the close, nowever, on advices from Texas stating
that the crop movement would show a falling off next week,
there was a recovery. To-day the market declined 5@7
points during early ’Change under general selling, prompted
by the interior receipts for the week showing a larger move­
ment of the crop than had been estimated. Subsequently,
however, on a demand from “ shorts” to cover contracts,
prices advanced and the close was steady, with prices 3
points lower to 3 points higher for the day. Cotton on the
spot has been quiet and prices declined j^c. <n Monday and
1-16c. on Wednesday. To-day the market was quiet and
l-16o. lower, middling uplands closing at 7%o.
The total sales for forward delivery for the week are
1,339,309 bales. For immediate delivery the total sales foot
up this week 3,846 bales, including ---- for export, 346
for consum ption,-----for speculation and 2,500 on contract.
The following are the official quotations for each day of the
past week—November 14 to November 20.
Rates on and off middling, as established Nov. 22, 1893,
and revised Dec. 11, 1895, by the Revision Committee at which
grades other than middling may be delivered on contract:
off.
on. G ood O r d in a r y ..................o. 1
E ven.
on . G o o d M id d lin g T i n g e d - ..
on . S tr lo t M id d lin g S t a i n e d .. 732 off.
618 on. M id d lin g 8 ta i n e d ................ 3fl oil.
3l(i oil. S tr ic t L ow M id. S t a l s n a .. 2632 oft.
off. L ow M id d lin g S t a i n e d . . .. 1 ’l off.
11ie off.

.0 . 1*4
. . . 78
-.
...

On this hasis the prices for a few of the grades would be as
follows.
W ed

T li.

F ri.

U PL A N D S .

S a t.

JIo u T u e s

212.429 351.912 291,000 251,704 313,225

G ood O r d in a r y ...............................

S in c e S e p t. 1 3241,445 2261,017 3383,796 2096,719 2493,221:3472.630

M id d lin g ............................................
G ood M id d lin g ................................
M id d lin g F a ir ..................................

7
7«s
8
fjie
8%

esi
7*8
7%
8>,s
8=s

63»
7%
7%
8*16
8=8

S a t.

iTIoii T u e a W e d

Th.

F ri.

Low M id d lin g '................................
M id d lin g ..........................................
G ood M id d lin g ................................
M idd lin g F a i r ................................

7>4
7%
8*4
89ie
9*8

01Blf
7«.6
71«18
8M
81316

6 78
7Ja
778
83ie
8%

8 T A JN E D .

S a t.

7
7
01=16
79,8
7=8
7=8
71*1.
8
8
8*4
8516 g h s
8 .3 18
8 7e
8 78
ITIoii T u e s W e d

Th.

F ri.

634
73 r
7253?
8

07ia
6*a
6*11
7%
738
7 1132 71732 7 1o3
7%
7 ‘ije

07.6 638
7=18 7^4
710,2 71333
711.6 75s

Tot. this v t j 315,717

The exporte for th e week ending this evening reach a total
of 246,820 bales, of which 133,554 were to Great Britain. 31,155
to France and 81,111 to the rest of the Continent. Below are
th e exports for the week and since September 1, 1896.
E xports
fr o m —

Galrevton.....
Tea. City, Ac.
New Orleans

W eek Eruiifuj Nor. *0,1806.
Exported to —
Great
ftrU'n. France

50,004

8,836
2i0
Florida........
Savannah ..... 10,040
Brunswick..... Moo
Charleston..
Port Royal ... s.sec
Wilmington.
Norfolk, h e .... I M A
New York..,,, S.7.V4

Conti­ Total
nent. W eek.

From Sept 1, 1890. to Nor. 20,1896.
ExporteA to—
Great
Britain. France

1,910 61,923 349.284 75,i?5
897
*07
30,4*0 15.741 72,100 299.763 150,360
19,636
6,830
11.002 . . . . . .
608
382
16.037 9,891
2P.099 39.988
31.630
6,f* 0
37,679
17,413 17.413
30,827 ......
8.666
54.530
9,930 9.950
63,760
7,503
«0'1 2,348 11,788 1*2,367 6.631
47.2V8
1,0 2.7 3*
26.100 2,352
2.801 9.1*7
2,903
1.328 1,678

Conti­
nent.

114,704
10,3 d6
176.616
6 /2 7
3.922
131,923
8,865
81,213
07.450
1,860
66,279
6f5l
19,947
4,457

G U LF.

Total
680.123
10.336
027,229
55,203
15.824
157,871
86.515
118.922
30.827
121,980
05,610
165,277
47.902
47,890
7,B«2

L ow M id d lin g ..................................
M id d lin g ........................... ................
G ood M id d lin g T in g e d ...............

0 U 16 6 U ,8
7 5i «
7 ^ 6 * l l l«
8
8
89.«
8 9i6

038
7H7=8
8 ia

MARKET AND SALES.
SALES OF SPOT AND CONTRACT.
SPOT MARKET
CLOSED.

8 a t’d a y .
M onday.
T uesday
W ed ’d a y
T h ’d a y ..
F r id a y ..

E x­
p o rt.

D ull ....................
Q u ie t a t J4 d e c ..
< ^ u le t..................
D ull a t iio d e c ..

Btit lmore- ..
Phlladeip^Mte
D u ll a t L a d e o ..
Totat.......... 111.554 31,136) 83.111 246.820 1412.758 245,859 678,938 2,087,050
1165,8-46 680/85 162,165 624,983 1,268,023 T o t a l . .. .
Total. I W .„ , *7.705 29.3631

Oon- Specs u m p uV t’n

1

*59
70
53
69
95

....

340

....

C on­
tract.

Totol.

S ales o f
F u tu re s ..
1 22.300
2 6 2 .3 0 0
1 62,600
2 4 8 ,4 0 0
26 1 ,8 0 0
17 1 ,8 0 0

1,700
500
300

1,759
.570
353
69
95

2,500

2,846 1,22 9 ,2 0 0

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21,091
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1 9 ,202
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7 ,7 6 4
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917
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6 ,9 9 5
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4 ,0 0 8
1,841
1 2 ,290
3,1 0 1
8,383
6 ,3 7 5
624
600 2 1 ,045
8,234
10,177
1 1 ,257 5 1 ,8 2 2
14,692
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1 2 ,5 3 4
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5 ,0 0 7 1 9 ,752
6,1 2 0
714
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3,3 1 9
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3,4 2 4 1 9 ,970
2 0 ,5 2 3 3 1 ,453
1,374
500
2,3 6 6
1.124
4 ,8 6 3
6 ,8 3 6
845
2 75
1,068
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1,374
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1,956
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12,141
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2 6 ,564
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21,449
3 2 ,6 2 9
5 3 ,693
1 01,237
3 4 ,2 5 4
3S .5 7 7
28,881
1,277
4 5,752
1 6 ,2 0 6
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35,461
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10,851
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7 ,8 2 9
9,8 8 2
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6,722
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2,1 9 9
7,153
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3,374
167
4 .7 3 L
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2 6 ,1 6 9
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8,5 2 2
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1,0 6 6
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©

M
(H
o
5®

a ^3

M a r k e t, P ric e s a n d
S a le s o f
F U T U ItP S .

d
fa 2

D A IL Y
N ovem ber.

D ecem ber.

Ja n u a ry.

P R IC E S

F e b r u a ry .

AND

M arch.

SALES

OF F U T U R E S

A p r il.

M ay.

FOR

EA OH M O NTH .

June.

J u ly .

M o n d ay , N o v . 1 6 S a le s, t o t a l ............
P r ic e s p a id (ra n g e )
C lo sin g .................

A v ’g e .. 7 '6 S A v ’g e .. 7 '7 8 A v ’g e .. 7-86 A v ’g e .. 7'91 A v ’g e .. 7 '9 7 A v ’g e .. 8-00 A v ’ge. 8 '0 4 Av'’g e .. 8-05
A v’g e ..S te a d y .
10 0
1,800
1 5 ,400
3 .2 0 0
4 6 ,6 0 0
1 ,200
4 7 ,1 0 0
6 .9 0 0
1 2 2 ,6 0 0
05® —
7 '6 4 ® 7 '7 2 7 '7 5 ® 7-84 7-83® 7-88 7 '8 8 ® 7 94 7 '9 5 ® 7 '9 9 7-98® 8*03 8 ' 0 2 ® 8-06
7 '6 4 ® 8-05 — ® —
0
8
8-10
8
'0
2
—
8
03
S
'0
5
—
8
'0
7
7
'9
2
—
7
'9
3
7*85—
7
'8
6
7
'6
7
7
'6
8
7
'6
4
—
7
'6
5
7-78— 7 '7 9
7 '9 7 — 7 '9 8
S te a d y .
»
’g
e
..
7-95
A
v’g
e
..
7-93
A
v
’g
e
..
7-88
A
v
’g
e
..
7
'8
5
A
v
’g
e
..
7
'5
4
A
v
’g
e
..
7-71
A
v
’g
e
..
7
'6
4
L o w e r.
A v ’g e .. 7 '7 8
A v ’g e .. 7 '5 3
3 ,6 0 0
7 ,9 0 0
1 3 ,900
2 3 ,6 0 0
3 .4 0 0
8 3 ,4 0 0
7 ,2 0 0
1 1 7 ,4 0 0
1 ,9 0 0
2 6 2 ,3 0 0
94® 7-98
7-48® 7-98 7 '4 8 ® 7 '5 4 7 '4 9 ® 7 '6 3 7 '6 0 ® 7'71 7 '6 6 ® 7 '7 6 7 '7 2 ® 7 '8 2 7 '8 1 ® 7 '8 7 7 '8 3 ® 7-92 7-9 0 H) 7*9"
9 4 - 7-96
7 '8 3 — 7 '8 4 7 '8 8 — 7 '8 9 7 9 1 — 7 92
7 '4 9 — 7 'S o 7 -53— 7 '5 5 7 '6 4 — 7 '6 5 7 '7 1 — 7 '7 2 7 '7 8 - Q u ie t.

P r ic e s p a id (ra n g e )
C lo sin g .................

A v ’g e .. 7 '5 3 A v ’g e .. 7 '5 6 A v ’g e .. 7 ’67 A v ’g e .. 7*73 A v ’g e . 7-79 A v ’g e .. 7 '8 4 A v ’g e .. 7-88 A v ’g e .. 7-92 A v’g e .. 7-94
F ir m e r .
10,200
1 9 ,6 0 0
1 ,3 0 0
5 6 ,0 0 0
7 .9 0 0
-7,POO
3 ,6 0 0
5 6 ,2 0 0
300
1 6 2 ,6 0 0
7 '5 2 ® 7-99 7-52® 7-53 7 '5 2 ® 7 '5 9 7*62® 7 '8 9 7 '7 1 ® 7-75 7 '7 4 ® 7 '8 2 7 '8 2 ® 7 '8 7 7 '8 4 ® 7 '9 2 7-89® 7-95 7-91® 7-99
7 '5 3 — 7 '5 4 7 '5 7 — 7 '5 8 7 '6 7 - 7 '6 8 7 '7 4 — 7-75 7-81— 7 '8 2 7 '8 5 — 7 '8 7 7-9 0 — 7'9 1 7 - 9 3 - 7-94 7-9 7 — 7-98
S te a d y .

S a tu rd a y , N o v . 14—
S a le s, t o t a l . . . ..........
P r ic e s p a id (ran g e )
C lo sin g .......................

a j T u e s d a y , N ov. 1 7SI
E CO S a le s, t o t a l .........

h
d

M a r k e t,
Range and
T o ta l S ales.

A u g u s t.

Septem ber.

|
® £L «

O ctober. '
A v ’g e ..-

s |* o
d t> a
80^0

A v’g e ..-

P; ® d £
C8 P O n
i o s^

A v’g e .. -

la y
O 0 2D fcfj
•d cS c3
S ® «|
© t tr p<

A v ’g e .. -

®"

W e d n e sd ’y , N o v .1 8 — D e p re s s e d . A v ’g e .. 7-50 A v ’g e .. 7-52 A v ’g e .. 7 '6 3 A v ’g e .. 7-67 A v ’g e.- 7 '7 5 A v ’g e .. 7-81 A v ’g e .. 7-88 A v ’g e .. 7 9 4 A v ’g e .. 7*97 A v ’g e .. 8-00 A v ’g e ..7 ,1 0 0
500
2 .5 0 0
1 9 .3 0 0
1 .2 0 0
9 5 .2 0 0
7 .8 0 0
1 5 ,2 0 0
700
9 8 ,9 0 0
2 4 8 ,4 0 0
S a le s, t o t a l ...............
— ®"
P r ic e s p a id (ran g e ) 7 '4 0 ® 8 '0 0 7 -4 0 ® 7 '5 8 7-42® 7 '6 1 7 '5 2 ® 7 '7 4 7 '5 9 ® 7 '7 8 7 '6 5 ® 7 '8 7 7 '7 0 ® 7 '8 5 7 '7 5 ® 7 '9 5 7*78® 7-98 7-95® 8-00 8 - 0 0 ® 7-8
1
—
7-83
7-7
8
—
7*80
7
'7
5
7
'7
6
7
'7
0
—
7-71
7
6
5
—
7*66
7
'5
9
—
7
'6
0
7-52—
7
'5
3
7
'4
2
—
7
'4
3
7
'3
8
—
7
'4
0
W
eak.
C lo sin g .......................

p

vd

a ®
M

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a

02

a
n ^
h o
h

J5

^ ©
id © d ^
^ ©®©
43 2 ^ - d
d ’S b*3

T h u rsd a y , N ov. 1 9 S a le s, t o t a l ...............
P r ic e s p a id (ran g e )
C lo sin g .................

A v ’g e .. 7 '4 0 A v ’g e .. 7-40 A v ’g e .. 7-50 A v ’g e .. 7 '5 6 A v’g e .- 7*63 A v ’g e .. 7 '7 0 A v ’g e .. 7*74 A v ’g e .. 7*78 A v ’g e.- 7-79 A v ’g e ..------- A v ’ge. . 3 ,8 0 0
5.5 0 0
2 .4 0 0
2 3 .3 0 0
9 8 .2 0 0
7 ,7 0 0
1 5 ,5 0 0
100
1 0 5 ,2 0 0
- ®’
7 '3 5 ® 7-83 — ® 7*40 7 '3 5 ® 7 '4 4 7 '4 4 ® 7 '5 5 7 '5 1 ® 7'6 1 7*57® 7 '6 8 7 '6 5 ® 7 '7 3 7 '6 7 ® 7 '7 8 7-72 0 7-80 7-74® 7-83
I ' l l - 7 79 7 - 8 0 - 7-81
7 '3 9 - 7 '4 l 7 '4 2 — 7 '4 3 7 '5 2 — 7 '5 3 7 '5 8 — 7 '6 0 7 * 6 6 - 7*67 7 '7 0 — 7*71 7 '7 5 — S te a d y .

A v ’g e .. 7-57
100
7-57® —

F r id a y , N o v . 2 0 S a le s, t o t a l ..........
P r ic e s p a id (ra n g e )
C lo sin g .................

A v ’ge. . Ir re g u la r . A v’g e .. 7 ’35 A v ’g e .. 7 '4 0 A v ’g e .. 7 '4 9 A v ’g e .. 7*56 A v ’g e .- 7 '6 2 A v’g e .. 7-67 A v’g e .. 7-72 A v ’ge.- 7*75 A v ’g e .. 7*60 A v’g e ..4 ,0 0 0
3 ,0 0 0
4 ,1 0 0
1 5 ,0 0 0
7 0 .200
5 .8 0 0
5 7 ,6 0 0
1 1 ,9 0 0
200
1 7 1 ,8 0 0
7 '3 4 ® 7-83 7-34® 7-35 7 '3 6 ® 7-44 7 '4 5 ® 7 '5 4 7*52® 7*59 7*58® 7-68 7 '6 4 ® 7 '7 2 7-69® 7*76 7-72® 7*79 7*78 ^ 7-83
7 -41— 7 '4 3 7*43— 7*44 7 '5 2 — 7 '5 3 7 '5 8 — 7 '5 9 7 '6 4 — 7 '6 5 7 '6 9 — 7 '7 0 7 - 7 3 - 7 '7 4 7 - 7 6 - 7-78 7 . 3 O - 7-81 7*81— 7-83
S te a d y .

A v’g e ..

T o ta l s a le s th is w e e k
A v e ra g e p ric e , w eek

1 ,2 2 9 ,2 0 0

S a le s s in c e Sep. 1,’96 '

1 1 ,7 2 6 ,6 0 0

I r r e g u la r .
2 6 1 ,8 0 0

•ts
©
05
e
»
o

M o vem en t to N o ve m b e r 22 16 9 6 .
R eceipts.
S h ip m ’ts Sto ck
T h is
T h is
S in c e
w eek. Sept. 1 /9 5 . w eek. N ov. 22.

S
®
©00 t®
br*2 -4
r/J CO •3
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7*46

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7 '5 2

4 8 2 ,4 0 0
7 '6 2

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7 '6 8

4 4 9 ,6 0 0
7 '7 5

1 5 ,6 0 0
7'8 1

1 0 6 ,5 0 0
7-85

2 8 ,2 0 0
7-91

2 8 ,8 0 0
7*92

500
8-00

100
7 57

3 6 9 ,0 0 0

2 ,2 0 1 ,7 0 0

5 ,7 4 6 ,9 0 0

2 1 7 ,6 0 0

2 ,0 1 2 ,7 0 0

7 5 .2 0 0

4 9 1 ,5 0 0

1 6 0 ,7 0 0

4 7 ,8 0 0

500

100

=! P4* I

f lO!

3 ,5 2 0
2 0 ,3 7 8
6,029
1 0 ,292
15,4 47
6,658
1 3 ,248
2 0 ,1 ! 4
3 5 ,8 7 4
12,676
7 ,9 9 i
7,177
2 39
2 3 ,9 3 9
3,88 L
5 ,5 0 0
3,0 7 6
9 ,4 3 5
1 5 ,759
1 3 ,3 9 2
4 6 ,4 4 4
2 ,7 0 0
9 ,9 6 9
4 50
716
12 7 ,7 4 0
614
3 ,7 4 3

1,618
4 3 ,2 9 5
4 7 1 ,9 1 4
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§ J

5I

Noyembeb 21, 1890.]

THE CHRONICLE,

Quotations f o b Midd lin g Cotton at Ot h e b Ma r k e t s . —
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
_

.

..

N o*.

20.

CLOSING QUOTATIONS FOB MIDDLING COTTON ON—

S a tu r .

M on.

Tu.CS.

W ed n et .

T h u rs.

F r i.

7*2

7*4
7*4
7*8
7*e
7*9
7*4
73)6

7=8
7=u

73s
7 “ ie
7*18
7
7
7*4
7*4

75,8
73,6
7

7*4
7*4
7
6*5ia
6 78
7*4
7=16

G a lv e s to n . .
H ew O rle a n s
M o b ile ..........
S a v a n n a h ...
C h a r le s to n ..
W ilm in g to n .
N o r f o l k ........
B o s to n ..........
B a ltim o re . .
P h ila d e lp h ia
A u g u s ta -----M e m p h is...-.
8 t. L e a l s ___
H o u s t o n ___
C i n c i n n a t i ..
L o u is v ille ...

73s
7*4
73, g
7*4
7*4

7^16
s

7li«

7*19
7
7*4
7*4

7*k
8

s
7=s
8

7 7s
9*4
73s
73s
73s
7*4
7=8
7*8

7\

7»0

7=9
71=16
7*4
7*4
7 5 ,,

714
734

7*4
73s
739
7*9

7*4

739

739
739
739

739

7=8

6’5,6
678

7*4
73,g
71*16
7=9
7*5l6
7*9
7=18
7=18
7*4
738
738

7%
73s

7=8
7 78
7*9
7*9

7=16
7*4
7*4

739

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
Atlanta............
Charlotte........
Oolombtu, Ga.
Columbus. Mlae

i ; \ |E u faola..........
7 ! Little Rock___
64i Montgomery...
«ig |Nashville. . . . . .

6 7g I Natchez.........
6*9 |Raleigh...............
6 % I Selma....................

7

I Shreveport___ _

7 i 16
7q
6%
6%

R ec e ip t s from t h e P lanta tions .—The following tab le
Indicates the actual movement each week from the plantations.
The figures do not inolude overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
Anally reaches the market through the outports.
Wm A
M nM m t-

Receipt* at ttu Port*, S f k at Interior

| iswe.

is w .

T b w iu .j

im-t. j imwq-

Rec’pt* from Plant'xu.

u r n . | issu. I is»6. I iswi.

O eU 16....... SSt.lSI sso.S9a-3S7.S77 233 80S 2S8. 1 BI 115.400 I27.82T :tt5.0»s|37!l.«)7

- S3...... 40aSTO
’• SO...... i m . U . 'i

205.4JS
2S1.MS7
197301
■ ja..... 371.4*2 229.719
“ t o . . . l»St.SH i T U 120
____________

N or. 9 .......

330.571
324-737
301.UK5
289.7IM
311717

310.7-.A 394.004
*71.127, l i a . l l . .
102.210 4A1.02H
4 ttv 4 3 » 1 7 1 .9 H

4 l7 .S 5 5 j4 ti.0 4 3 S 6 2 £ 2 l 3 S U 8 7
4l(A28S 4SO.»0oJs»O.I.O7|32S.e7O
M l . i l u ! l H .0 a t '2 i 8 .1 1 2 |3 I 7 . i m
IS -.. 8* 4I4A 54 286.1100 * 8 .7 4 8
V 1 2 .l8 l 318,181 233 317 3)8.015

The above statement shows: l . —That the total receipts
from the plantations since Sept. 1, IHDri, are 3,023,33) bales; iD
1895 were 8,700,381 bales; in 1894 were 3.734 899 bales.
8.—That although the receipts at the outports the past week
were 315,717 bales, the actual movement from plantations ws359,913 bales, the balance going to increase the stocks at
the Interior towns. Last year the receipts from the plantations
for the week were 233,317 bales and for 1894 they were
358,161 bales.
O v e r l a n d Movem ent fo r t h e W eek and S ince S e p t . 1.—

We give below a statement showing the overland movement
foi th) week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as m our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Nov. 20
and since Sept. 1 in the last two years are as follows.
1890.
S o etm b er

20

1895.

8 in c t

W eek.

SepL

1.

1 _

1 Since
; S ept. 1

w

195,440
89,401
8,299

Via other route*. A c..................

3.340
3,959
4,119

197,868 27,926
100,866 10,806
7,169
659
109
55.840 ll,0-*9
43,5001 2,690
39.2441 2,763

Total gross overland........ .....

45,339

444,402 55,933

398,617

▼ B e t Louie...............................
Vie C a l m ........ ...................................
Via Parker C ity ................................
Vie Evftnuviu*............................
Vie LouUvlllo.................... - .......

D e d u c t ih ip m e n lM -

20.523
12,273
1,134

Overleml to N. Y., Bouton, Ao..
BetwM>n lnt*tlor town*.............
rnlead, Ac., from South.............

13,268
15*
1,388

Total to be deducted..............

14,810

96,003
1,386!
13,409

9,501
97
2,299

110,797j 11,897

59,227
21,981
21,209
65,908
1,569
10,495
83,972
314,645

L eerloc total net overland*.. 30.528 333,6051 41,036
* (nalodlng movement by rail to Canada.
T he fo re g o in g sh ow s th a t the w eek's net overla n d m ovem en t
this year has been 30,538 bales, again st 44,036 bales fo r the
w e e k in 1895, and th a t f o r th e season to date the a ggreg a te net
o v e rla n d e x h ib its an increase ov er a year a g o o f 18,980 bales.
i n B ig h t a n d 8 p in n e r t i*
T a k in g * .

1896.
W eek.

S in c e
S ep t. 1.

|

1895.
_

. I Since
W e ek . | SepL i.

Receipt* at ports to Nov. 20------- 315,717 3,241.445 212,429 2,261,017
Ret overland to Nov. 20.............. 30,528 333,605 44.030 314,645
Southern consumption to Nov. 20 23,000 227,000j 22,000 235,000
369.215 3,902,050'278,405 2,810,662
I n t e r i o r s to c k s In excea*..... ........ 44.198 381,890; 20,888 439,214
'299,353
Came In to s ig h t doting week. 413,443
1,183,940] ........ 3,249*,876
Total In tight Nov. 2 0 ..........
Rorth'n spinner* tak'm to Nov.20 5 4 .1 5 4

597.178: 79,062

617,527

It will be seen by the above that there has come into sight
during the week 413,413 bales, against 299,358 bales for the
samp week of 1895, and that the increase in amount in sight
to-night as compared with last year is 934,064 bales.

933

W e a t h e r R e p o r t s b f T e l e g r a p h —Our advices by tele­
graph this evening from the Sou h indicate that th» weather
during the week has in general been very favorable for the
gathering and marketing of cot on. There has been little or
no rain, and the temperature has as a rule been satisfactory.
Our Cuero, Texas, correspondent reports that a fair top crop
is assured in that section as a result of favorable rains in
October and absence of frost.
G alveston . T exas. —The weather has in general been favor­
able for farm work the past week and planters have made
good progress in preparing land The ground is in good con­
dition and ploughing well advanced. Some farmers have
their land all ready for spring crops. Dry weather has pre­
vailed all the week. The thermometer has averaged 64,
highest 74 and lowest 55.
P alestin e, T ex a s.—Cotton is being marketed rapidly. We
have had no rain during the week. The thermometer has
averaged 62, the highest being 79 and the lowest 46.
H u n tsville, T exas. —There has been no rain during the
week. The thermometer has averaged 60, ranging from 40
to 80.
D allas, T exas. —The weather has been favorable for farm
work and planters are busy plowing and gathering remnants of
the cotton crop. We have had no rain during the week. The
thermometer has ranged from 35 to 79, averaging 57.
S an A n to n io , T exas. —The weather has been dry all the
week but favorable for farm work. Average thermometer 64,
highest 80, lowest 48.
L u lin g , T exas. —We have had rain on one day during the
week, to the extent of two hundredths of an inch. The ther­
mometer has averaged 62, the highest being 81 and the
lowest 44.
C olu m bia, T exas. —It has rained on one day of the week,
the rainfall being three hundredths of an inch. The ther­
mometer has averaged 63, ranging from 44 to 82.
Cuero, T exas. —The favorable rains of October and freedom
from frost hive insured a fair top crop. The output from
gins in this section will be greater this year than last. We
have had rain on one day during the week, the precipitation
reaching five hundredths of an inch. The thermometer has
ranged from 42 to 82, averaging 62.
B renham , T exas. —There has been rain on one day the past
week to the extent of seven hundredths of an inch. Average
thermometer 64, highest 82 and lowest 46.
Tem ple, T exas. —Cotton is still coming in. Weather has
been favorable for plowing, as it has been dry all the week.
The thermometer has averaged 59, the highest being 80 and
the lowest 38.
F o rt W orth . T exas. —The cotton crop is mostly all gathered.
The weather has been very favorable for farm work. We
have had no rain during the week. The thermometer has
averaged 56, ranging from 34 to 78.
W eath erford, T exas .— Dry weather has prevailed all the
week. The thermometer has averaged 55, the highest being
78 and the lowest 32.
New O rleans, L o u isia n a .— The weather has been dry all the
week. Average thermometer 66.
S h reveport. L o u isia n a . —We have bad no rain during the
week. Th-> thermometer has averag d 63, the highest being
78 and the lowest 38.
C olum bus, M ississip p i .— Dry weather has prevailed all the
week. The thermometer has averaged 64, ranging from 40
to 80.
Iceland, M ississip p i.—F rost has killed the top crop. Bolls
are rotting. We have had no rain during the week. The
thermometer has ranged from 31 to 84, averaging 51‘7.
V icksburg, M ississip p i. —We have had only a trace of rain
the past week. Average thermometer 64, highest 82 and
lo vest 40.
L ittle B ock, A rk a n sa s .— We have had dry weather all the
wepk. The thermometer has averaged 59, the highest being
78 and the lowest 86.
(ielena, A rk a n sa s — Cotton is nearly all picked and labor is
reluming to town. Dry weather has prevailed all the week.
The thermometer has averaged 56-5, ranging from 32 to 73.
Memphis, Tennessee .— We have had no rain the past week.
The thermometer has ranged from 37 7 to 75, averaging 58-4.
N ashville, len n essee .— Rain has fallen very lightly on one
day during the week, the precipitation being too small to
measure. Average thermometer 53, highest 74, lowest 30.
S a van n ah , G eo rg ia .— Dry weather has prevailed all the
wepk. The therm imeter has averaged 64, ranging from 41
to 77.
A u g u sta , G e o rg ia .—M, has b°en dry all the week. The
thermometer has ranged from 34 to 78, averaging 57.
Mobile, A la b a m a .— The weathpr has been dry all the week.
The thermometer has averaged 63, the highest beiDg 80 and

the lowest 39.
M ontgom ery, A la b a m a . —The weather has been dry all the

week and warm for the season. The thermometer has aver­
aged 58 anel ranged from 45 to 71.
.
M adison. F lo rid a .— We have had no frost yet sufficiently
severe to injure the top crop. Thjra has been no rain during
the week. Average thermometer 68, highest 75 and lowest 60.
C harleston, S outh C a r o lin a — There has been rain on one
day of the week, the rainfall being three hundredths of an
inch. The thermometer has averaged 61, the highest being
75 and the lowest 45.
S ta teb u rg , South C a ro lin a . —We had a thunder storm on
one day of the week, the rainfall being eighty hundredths of
an inch. Frost occurred on two days, on low grounds. It

THE CHRONICLE.

934

[VOL. LX III.

has been dry all the week. The thermometer has averaged receipts for the week ending to-night (Nov. 20) and since
Sept, 1, 1896, the stocks to-night, and the same items for the
57‘7, ranging from 37 to 74.
Wilson, North Carolina ,—We have had rain on one day corresp aiding periods of 1895, are as follows.
during the week, to the extent of fifty-nine hundredths of an
1896.
Sto ck
18 9 5 .
inch. Average thermometer of, highest 76, lowest 30.
R eceipts to N ov. 20
The following statement we have also received by telegraph,
T h is
Sin ce
T h is
S in c e
showing the height of the rivers at the points named at
w eek. Sept. 1. w eek. S e p t. 1. 1896. 18 9 5 .
8 o’clock November 19, 1896, and November 21, 1895.
N ov. 1 9 , ’9 6 . N ov. 2 1 , ’95 .
Feet.
31
*2-3
2*2
1*1
*5-0

Feet.
3-4
55
2*3
*0-8
4-4

N e w O r le a n s ........
M e m p h is ................
N a s h v ille ................
S h r e v e p o r t............ ..........A b o v e z e ro o f g a u g e .
V ic k s b u r g .............. ..........A b o v e z e ro o f g a u g e .
* B elo w z ero o f g a u g e .

8 a v a n n a h .............................
C h a r le s to n , <feo...................
F lo r id a . A c ...........................

5 ,0 7 5
7 61
3 04

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

5 ,3 2 3
561
2 19

4 0 ,3 2 9 2 1 ,7 4 4 1 3 ,8 0 1
4 ,9 3 4 5,301 2 ,3 0 2
1,7 4 5
9 0 7 2 ,0 1 0

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

6 .1 4 0

4 7 ,7 5 4

6 ,1 0 3

4 7 ,0 1 1 2 7 ,952 1 8 ,1 1 8

The ixporcs Cor o n e a m i r m iin g tnia evening reach a total
of 3,895 hales, of which 3,009 bales were to Great Britain, 86
to France and 800 to Rival, and the amount forwarded i o
Northern mills has been 3,255 bales. Below are the exports
I n d ia C o t t o n M o v e m e n t F b o m a l l P o r t s .— The receipts for the week and since Seotember 1 in 1896 and 1895.
and shipments of cotton at Bombay have been as follows for
W eek E n d in g N o v. 20. S in c e S ep t. 1, 1 8 9 6
N o rth ’n M ilt .
the week and year, bringing the figures down to Nov. 19.
E x p o r ts
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YE IRS.

S h ip m e n ts th is w eek.

S h ip m e n ts sin c e Sep t. 1.

G reat
Y e a r G reat C o n ti­
B riV n . n e n t. Total. B r ita in
1896
1895
1894
1893

1 ,0 0 0
1 ,0 0 0
5 .0 0 0
6 .0 0 0

7 ,0 0 0

7 ,0 0 0

l ’oOO

1 ,0 0 0

C ontin e n t.

T o ta l.

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
6 1 ,0 0 0 13.0 0 0

6 3 .0 0 0
6 4 .0 0 0
1 7 .0 0 0
5 5 .0 0 0

fr o m —

R eceipts.
T h is
S in c e
W eek. Sept. 1.
1 0 3 .0 0 0
1 7 7 .0 0 0
3 7 ,0 0 0
1 0 6 .0 0 0

G reat F r ’nce
G reat F r'n c e
T o ta l. B riV n .
Total.
die.
B riV n .
die.

S’v a n n ’h, & o
O h a rl’t ’n,& o
F lo r id a , & o.
N ew Y o rk ..
B o s to n .........
B a l t i m o r e ..

2,4 0 3

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

3 ,0 0 9

8 00

3 ,2 0 3

_
__

4,2 8 1
709

2 ,4 7 6

6 ,7 5 7
70 9

2,5 9 6
355
30 4

86

69 2

5 ,0 0 4
80

1,4 4 2

6 ,4 4 6
80
102

__
...... ......

.
6 06

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

..........

S in e
W eek. Sept. 1

886

3 ,8 9 5 1 0 ,0 7 4

1 02

4 ,0 2 0 1 4 ,0 9 4

3 ,2 5 5

7 ,0 1 6
533
1,1 0 7

8 ,6 5 6

According to the foregoing Bombay appears to show
5 ,4 0 1
99 5 ,5 0 0 1 4 ,0 2 5 3,3 3 3 1 7 ,358 2 ,5 5 5 1 1 ,9 4 5
a decrease compared w ith last year in the week’s receipts of T o ta l 1 8 9 5
Quotations Nov. 20 at Savannah, for Flondas, common,
31,000 bales and a decrease in shipments of 7,000 bales, and
the shipments since Sept. 1 show a decrease of 1,000 bales. 10c.; mt-dium fine, 12J^c.; choice, lo>£c.
Charleston. Carolinas. medium fine. 20c ; fine. 3 ’.c : fullv
The movement at Calcutta, .Madras and other India ports fo r
the last reported week and since the 1st of September, for tw o fine, 24c.
vears, has been as follows. “ Other ports” cover Ceylon,
E x c h a n g e s .— T h e f o l lo w in g e x c h a n g e s h a v e b e e n m a d e
Tutioorin, Kurraohee and Coconada.
d u r i n g the w e e k :
S h ip m e n ts f o r the w eek.
G reat
B r ita in .
C a l c u tta —
1 8 9 6 ........
1 8 9 5 ..........
M ad ras1 8 9 6 ..
1 8 9 5 ..........
A ll o th e r s —
1 8 9 6 ..........
1 8 9 5 ..........

C o n tin e n t.

Total.

1 ,0 0 0

T o ta l a l l 1 8 9 6 ..........
1 8 9 5 ..........

S h ip m e n ts s in c e S ep t. 1.
G reat
B r ita in .

C o n tin e n t.

Total.

2 ,0 0 0

1 ,0 0 0
2 ,0 0 0

2 ,0 0 0
4 .0 0 0

7 .0 0 0
4 .0 0 0

9 .0 0 0
8 .0 0 0

1 ,0 0 0

1 ,0 0 0

9 .0 0 0
1 1 ,0 0 0

1 0 ,0 0 0
1 0 ,0 0 0

1 9 .0 0 0
2 1 .0 0 0

2 ,0 0 0
3 ,0 0 0

2 ,0 0 0
3 ,0 0 0

1 0 ,0 0 0
1 3 ,0 0 0

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

3 3 .000
3 4 .0 0 0

3 .0 0 0
3 .0 0 0

4 .0 0 0
5 .0 0 0

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

4 0 .0 0 0
3 5 .0 0 0

6 1 ,0 0 0
6 3 ,0 u 0

1 ,0 0 0
2 ,0 0 0

•25 pd . t o e x o h . 2 00 J a n . f o r J u n e .
•25 p d . t o e x c li. 7 0 0 Deo. fo r M on.
•10 p d . to e x o b . 10 0 M ob. f o r M ay.
25 p d . to e x o b 5 0 0 J a n . f o r M ay.
•24 pd . t o e x o b . 4 0 0 J a n . f o r M ay
•04 p d . to e x o h . 2 ,3 0 0 N ov. f o r Dec.
•28 pd . to e x o b . 2 0 0 J a n . f o r J u n e .

1896.
T h is
w eek.

1895.

S in c e
S ep t. 1.

T h is
w eek.

1894.
T h is
w eek.

S in c e
Sep t. 1.

S in c e
S ep t. 1.

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

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 0 0
6 3 .0 0 0

1 ,0 0 0

2 2 ,0 0 0
5 2 ,0 0 0

T o ta l .

4 .0 0 0

1 2 5 .0 0 0

1 2 ,0 0 0

1 2 8 ,0 0 0

1 ,0 0 0

7 4 ,0 0 0

.

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., o *
Liverpool and Alexandria, we now receive a weekly cable o *
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for t h e
corresponding week of the n r e v i r m s tw o years.
A l e x a n d r ia , E g y p t,
N ovem ber 18.

1896.

R e c e ip ts ( o a n ta r s * ) ....
T h is w e e k ........ ............
S in c e S e p t. 1 ................

3 4 0 ,0 0 0
2 ,2 45,0 0 0
T h is
S in c e
w eek. S ep t. 1.

1895.

1894.

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

T h is
S in c e
w eek. Sep t. 1

E x p o r ts (b a le s)—
T o L iv e rp o o l ............ 1 9 ,0 0 0 1 1 0 ,0 0 0
9 ,0 0 0 1 0 8 ,0 0 0 2 2 ,0 0 0
T o O o n tin e n tt______ 9 ,0 0 0 6 6 ,0 0 0 16,0 0 0 7 0 ,0 0 0 1 6 ,0 0 0

8 0 ,0 0 0
8 3 ,0 0 0

T o ta l E u r o p e ___ ... 2 8 ,0 0 0 1 7 6 ,0 0 0 2 5 ,0 0 0 1 7 8 ,0 0 0 3 8 ,0 0 0 1 6 3 ,0 0 0
• \ o a n t a r t s 98 p o u n d s
'O f w liioti to A m e rio a In 1 8 9 6 ,1 ,1 9 3 b a le s ; In 1 8 9 5 ,1 3 ,5 1 7 b a le s ; In
1 8 9 4 , 5 ,5 1 8 b a le s .
M a n c h e s t e r M a r k e t . — Our report received by cable

to night from Manchester states that the market is steady for
yarns but dull for shirtings. The demand for both home
trade and foreign markets is poor We give the prices for
to-day below and leave these fcr previous weeks of tois and
last year for comps rison:
18 9 6 .

1895.

8*4 lbs. S h irt- OolVn
H lb s. S h irt- OotVr
3 2 s Cop. in g s , co m m o n M id. 3 2 s Cop. 8
in g s , com m on M id .
T w ist.
Tw ist.
to fin e s t.
U p ld s
to fin e s t.
TTpld

a.

a.
s.
0 0 .1 6 65s ®7*3 4
" 2 3 6 ^ V I* * 4
“ 30 65g ® 7Lj 4
N ov. 6
4
4
“ 2 0 6% ® 7 1s 4

“ is

d.
s.
5 ia ®6
5 ^6
5 ®6
S 'a ®
5^® 6
5 «6

d.
d.
d.
d.
11
4 71S 6 15i« ® 7 1a
10*2 4 IO32 6% # 7 1 4
10>a 4 17s 6 7s ® 7ki
6 11 41133 6 78 ® 7 ^
11
4>% 6 \ 7t>7*8
10>a 41.3. 0 6=8 ®738

s.
4
4
4
4
4
4

d.
s
7 1u ® 6
6 ^6
6 ®6
6 Tb6
5 ®6
4 1a ® 6

d.
11
10
10^
10*2
9
8

Cloth.

Yam & Tdread.

Total o f All.

000i om itted.
1896.

1895.

1890.

1895.

1890.

1895.

Lbs.

Lbs.

Yds.

Yds.

Lbs

Lbs.

1890.
Lbs.

1895.
Lbs

January......
February —
vlarch..........

22,696 25,052
21,441 21,597
23,949 24,840

405,184 84,131 89,59
400,097 87,117 77,173
415,025 84,990 80,000

100,527
10S.538
108,939

114,042
98,770
104,840

Pot.lst quar.

68,066 71,489 1,332,433 1,280,880 250,23® 210,703

324,904

318,252

402,038 77.292 77,431
399,493 74,811 76,911
350,008 83,857 08,597

100,098
90.507
107,535

101,473
102,077
88,337

L’ot. 2d quar. 68,840 68,918 1,220.470 1,157,59* 235,900 222,969

304.800

291,887

470,407 93,073 91,706
432,087 92,711- 83,2 L414.476 85.602 79,827

116,640
115.123
107,994

113,024
106,200
101,020

Tot. 3d quar.

68,279 68,993 1,413,12» 1,323,030 271.484 254,811

339,763

321,804

urtober........

23 469 24,878

442.847 80.58^ 85.291

104,055

110,169

891
21,091

1,034
19,800

Vpril............. 23,406 24,042
H ay.............. 2L,756 25,136
•o n e ............. 23,678 19,740

July..............
\utrust-.........
Septem ber..

23,573 21,858
22,404 23,042
22,362 22.093

437,480
453,009
441,944

401,397
389,016
436,057

483,983
482.139
447,002

419,049

Stockings and
Sundry artioU

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

T h is
S in c e
w eek. Sept. 1.

to e x o b . 2 0 0 J a n . f o r F e b .
to e x o b . 5 0 0 J a n . f o r M ob.
to e x o b . 5 0 0 N ov. f o r M ob
to e x o b .1 2 ,0 0 0 D ec. f o r J a n .
to e x o b . 1,900 J a n . f o r M ob.
to e x o b . 1 0 0 Deo. f o r J a n .
to e x o b . 3 0 0 D ec. f o r M ob.

E x p o r t s o p C o t t o n G o o d s p r o m G r e a t B r i t a i n . — Below
we give the exports of cotton yarn, goods, &c.. from Great
Britain for the month of October and since January 1 in
1896 and 1895, as compiled by us from the British Board
of Trade returns. It will be noticed that we have reduced
the movement all to pounds.

EXPORTS TO EUROPE FROM ALL INDIA.

S h ip m e n ts
to a ll E u r o p e
fr o m —

•07 pd .
•14 pd .
■27 pd .
• 10 pd.
•13 pd.
•11 p d .
•24 pd .

1,095.010 1,082,916

Total expc)rts o f co tto n m anufactures........

The foregoing snows that there has been exported from the
United Kingdom during the ten months 1,095,010,000 lbs.
of manufactured cotton, against 1,062,946,000 lbs. last year, or
an increase of 32,064,000 lbs.
A further matter of interest is the destination of the; ©
exports, and we have therefore prepared the following
statements, showing the amounts taken by the principal
countries during October and since January 1 in each of the
last three years:
EXPORTS OF PIECE GOODS AND Y IR N S TO PRINCIPAL COUNTRIES IN
OCTOBER AND PROM J A N U A R Y 1 TO OCTOBER 3 1 . ____________
P ie c e G ood s— Y a rd s.
(000s o m i t t e d . )

Turkey, Egypt and Africa...
China and Japan.....................
Surope (except T urkey).......
>Jorth America ......................
VII other c o u n t r ie s ..............

Jan.

O cto b er.

1896.
17/. 058
r8.6»D
44,821
23,736
48,600
27.4 49
20,031

1895.

1894.

1890.

1to

O ct.

1895.

31.
1894.

177.43? 242.999 1,936,131 1,097,958 2.122.534
70, 38 83,058 505.169 055,905 671,892
56.417 2 ,303, 560,056 497,552 439,925
22.796 19.09) 242.515 231,3 2 233,519
59,» 14 56,005 519 1)1 5 44,349 445,729
58.090 30.4.0 230,’400 271.380 229,222
28.760 20.148 331,271 305,909 288,150

Total yards........................ 419.049 442,847 483,569 4,391,075 4,204,361 4,430,971
Total v a l u e ...................... £4,101 £4.C99 jt 4,304 £43,087 a38,787 £42,276
Y a rn s— L bs.

4^8
42*32
41\«
48,6

S e a I s l a n d C o t t o n M o v e m e n t . —We have received th is
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The

(000s o m i t t e d . )
Holland.....................................
Germany...................................
0th. Europe (except Turkey)
East Indies.......... ....................
China and Japan ...................
Turkey and Kgypt.................
All otner countries.................
Total lbs.............................
Total va lu e........................

3,220
4,405
4.445
4,909
1,609
2,405
1,377

27.283
30,-21
3 7,037
4l,S: 9
29.173
18,005
14,185

27.880
40,204
44,581
38,830
26.770
20.650
14,240

30,049
29.721
34,334
35,246
21,876
25,769
11,413

21,213 22.631 22,520
£839
ES91
£836

207,283
£8.115

213,173
£7.736

195,008
£7,753

2,760
4,057
4,115
4,450
2,405
1,731
1,095

2,623
4,372
5,041
3.913
3,075
2,153
1,502

THE CHRONICLE

NoVEilBBIt 21, 1826.]
E xports

Do m e s t ic

op

Cotton M anufactures .— Through

t h e courtesy of Mr. W . C. Ford, Chief of the Bureau of
S ta t i s t i c s , we have received this week a statement showing the
e x p o r t s of domestic cotton manufactures for September and for
t h e nine months ended Sept. 30, 1896, with like figures for
t h e corresponding periods of the previous year, and give
t h e m b e lo w :
ton (colored and uncolored)

Mont\ ending Sept. 30. 9 m ot. ending Sept. 30.

1896.

tx^ orled to—

United K in g d o m .................. yard?
Germany ..................................
France........................................
Other countries In Europe—
British North America ........

1.5*9.927
20.127
110,000
MJ55
3.00? .Mo
400.773

M exico........................................

Central American States and
British Honduras................
Cuba...........................................
Puerto R ico ...........................Santo Dom ingo........................
Other Afeet Indies..................
Argentine Republic................
Brasil .......................................
United States o f C olom bia...
Other oonntrles in S. America
C h in a ...................... ...............
Brit. Posses'ns In Australasia
British India and Bast Indies
Other ooontrtea In Asia and
Qoeaniea.................................
A frica ........................................
Other oo ant n ee.......................

o f other M anufacture*
(Jolt on exported to—

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

British Australasia..................
British India and Bast Indies..
Other countries in Asia and
t e r n l e a ...........................
Africa..................................
Other ooo atries...................
of other man of sc

loS.tiv*

5,00-1
123.6S2
1,054,130
324.799

1 8 a8 .

1895.

8,113,1181
880.035
185.0 >0
9‘. 1.898
27,790.311
6,03»,80S|

0,783.073
1,501,527
38 800
572.3'l
5,457.397
4.914,i 96

1,0*6,2.44
476, *55
001.971
4B7.713
1,511,137
7.635,084
35.308
005.658
9.931.509
033,070
•••••••■

480.4S3 13.937,^09
L 135.32 > 13^90,754
352,925 4.921,730

9.018,809
7,191.285
5,008,995

23,503,035 10.011.3*>l 2I3.4T3.511 132,335.247
1941.33-> 112,217,538 $7,292,7e8
11.1-34.590
1-0690
•*0672
roeoo
1*0551

United Kingdom........................
j w — a y ..........................................
Prance........................................
Other coant nee In Karope..........
Bmish North America...............
M cHeo . .. .........
Central American States A British
Honduras....................... . . . . , ■
I
Rico..................... .
■ante Domingo........................
Other West Indies .................
Argentine Republic.................
Brian.... ...............................
United States of Colombia.....
Other oo antries in So. America

Om an............ .

723,869

1,3*1.820 S.5«5,80»| 10,279.400
29,531
202.709
211.055
44.956
287.39ft j
132,515
00,312 1,070,973 L'X)5.475
1,136,213 7.912,370 10.5U.290
172.6 Tb 2.853,13-1 2,019.893
1.4 l.‘ 4- 7,327,255 7,?o0,l02
037.045 5,045,060j 4,054.337
1,610.67a 18.427,893 20.431,403
4,033,920 81,311.697 31,2.10,275
45.112
587.029;
490.040
2,600 2,2lS.049i 2,452,017

1 1,071,147
9.395
10,250

T o tal yards o f a bove...
T otal value* o f ab o v e.,
f a l s e per y a rd .....................

PeJuas

1S05.

983J46
8.966
14

118.440

1394.202!
75,>R50
12,603
40.792
1,103.8)1
231.838

•218,585
200.765
8.034
27,977
1,042,147
166.671

no

133.058
32,570
4,137
18.290
01,770
41.5*45
52,280

5.590

4 2 »
140.837
88.501
8,407,

108,019
30.281
3.771
2.219
00.789
19 315
40.231
iw.397
30.210
51.018
04.023
2,010

20.29S
1L0I3
201

239.910
91.939

36.0MO
HI

3.MS
01,155
S4.*2S

175.184

10.871
4.213

19.471
2,348
478

187

4.HUI
8.015
15.461
4.135,538
4.75f»

V40

7.241
no

58.129
1.413

3I.MI

0.514
1.860
0.070
2.11*
4.299

7^311
502

30.91m

1X664]

*0X866
29,290
10.268

•SM.&04 |3H .471 12 713.400 •3.015.192
i 91.72l.48i 11.895.76* •14 83A9»* |1o.sr»7 980

J u t * B u t t s . B a g g in g . d tc.— D ie de n and fo r ju te b aggin g
baa been very ligh t d u rin g the past w eek, requirem ents for
this season h aving been qu ite f ul l y m*>t. Q uotations, how
ever, are unch anged at 5 l£ c. for l?* lbs.. 5J-£c. for 2 lbs. and
6c. for standard grades in a j ib b in g w ay. Car-load •lota o f
standard brands are qu oted at 5 t*c. for l n4' lbs., 53^c. for 2
lbs. and 6c. fo r 2 l4 llw. f. o . b. at N ew Y ork . Jute butts con
tinu* in v ery lim ited request a t l l *c. fo r paper quality and
13 f c . fo r m ixin g .
8 h ip p in o V i w s . —T h e ex p orts o f c o t to n from th e U n itfd
S ta te - t* e past w eek , as per l a t e s t m a i l returns, have reached
280,055 bales. So fa r as th e Sou th ern ports are con cern ed these
are th e sam e ex p o rts rep orted bv telegraph and published in
th e C h r o n ic l e last F riday. W ith regard to N ew Y ork w*>
in clu d e th e m an ifests o f all vessels clea red up to Thursday.
ratal baiti.
ftiw York —To Liverpool, per steamer* Justin, 155 ...Taurio,
2.41*........ ........... .................................................................... 2,574
To Hull, p«rftMMO«ini Buffalo, 1 ,9 2 7 ....Hindoo, 1,614 . . . . . 3,611
truer I iaho. L.U53.. . . . . . . .
.......... .
1,953
To Manchester. per steamer Plsxmeu (eddlli >ual), 606 Sea
608
Island... .. ... ... . . . ........... ................... ...................—
To H ave, per steamer La Ohampagie. 800 upland and 80
688
..................
Sea Island ... ..................... ..................... .
850
To 8r*m-n. per steamer* Alter. 50 . Weimar, 900. ............
290
To Hamburg, p r steamer Phoenicia, 200 . . . . . . .. . ........
To Antwerp, per steamers Friesland, 359....St. Cutbbert,
631
*23 ................ ........................... ................ ..........................
3
To Onnit«, p«r steamer Emi, 3 .... . . . . . . . . . . . . . . . . . . . . . . . . .
614
To Naples, per steamer Kins, 614 . . . . . . . ........................
S*w O alkass— r Liverpool, per steam©7s N icaragua. 4,997
....Orion. 7 ,3 0 0 ....Santauderino, 3,735----Vesta. 6,6:0 .. 22.748
To Manchester, per steamer Novterobre, 6 ,0 0 0 . . . . . . . . . . . . . . 6,000
300
To Dunlin. p*r earner Garston, 3 0 0 ............... ............. ...
To Havre, per at-amers Band!. 9,0 w> ...Benliesd, 4,570 ...
Star,ley Hail, li.4 1 3
Str.tbcarroo, 6 ,3 7 6 ................... 31.379
To Dunkirk, per atesiuer Prdro. 4.0 0 ..................................... 4,00J
To Bre men, per steamers County of York,
...H err­
mann. 5.0*1 ...Jeanar*, M 0\ ...Neth-rfleld. 6 919........ 23,169
To H«m’*org. per steamers III mania, 771 ...Polonla, 2,60 l 3,372
To Copenhagen, per s&MMIMf BnUBA L,3&8 ...................... - 1,253
To Genoa, per stea ner Persian Prince. 4,MOO . . . ................ 4,80o
O alvist *)*—To Liverpool, p«r steamers Aldersgate, 6,0^2
Atlantic,7 ,to o ...Ida. 4,983....Inventor, 5. « 4
Straits
0fMMUU.ft.729 ............................. ............................ , ....... 29,128
To Manchester, per steamers CUndebo; 6. I,9 l0 ....8 olveig,
53S0 ..................... ............ ................................... - ............... 7,796
To Haw*, pvr -<'»'.inner Hibernia. 5,782.
................... .
5,762
To Bremen, per steamers Oastledale, 6,300... Victoria, 6,901 13,l0i
To Hamburg, per steamers R ib-rt Adamson, 80 #...9hllllf;o,
l,n. 3
........................ .................................................... 1,803
369
To K t-tenl vn, per steamer Vera. 389............. .................. .
a—To Live pool, per steam©
10,210......... ............ 10,210
P1SSACOL4 —To Jrarpool, per steamer Paulina, 4.200.............. 4. '0 0
To V-r* fYax, per steamer 8trAthlon. 1,82i ..........................• 1.621
SAVAiOfah—To Havre, per steamer Louisiana. 4, l i 0 uplanl
5,015
and 96% 3e* Island. .. . ................................ .
To Bremen, p r steamers Ar<lii«li«lg. 6 ,9 9 1 ...Elfrlda, 3.60J
----flnrworth. 6,-00 . . U sds. 4.650 .................................. 2 1. ,933
...
To Reval, per st amor Seaw F*-11 2,450................................. 2,450
To Genoa, per steamer Evelyn, 5,090...................................... 5,090

935

Total b ales
B r u n s w ic k —T o L iv erp o o l, p e r s te a m e r 8 t. R eg u lu s, 5 ,9 4 9 ........ 5 ,9 4 9
Ch a r l e s t o n —To B re m e n , p e r s te a m e r M ad u ra , 7 ,8 4 4 ............
7 ,9 4 4
3,8 1 6
P o r t R o y a l - T o L iv erp o o l, p e r s te a m e r N eto, 3,8 6 .................
Wil m in g t o n —T o B rem en, p e r s te a m e r M ig d a la , 11,740 ............ 1 1 ,7 4 0
No r f o l k —To L iv erp o o l, p e r ste a m e rs B re tw a ld a . 6 ,4 9 0 . . .
C la rlb e l. 1,343 . . G oodw in, 7 ,1 5 8 .. .. P i n n e r ’s P o in t, 7 ,0 5 2 2 2 ,0 4 3
To H a m b u rg , p e r s te a m e rs N a rd y k y n . r,00 . . . T ao rm in a, 5 0
550
N e w p o r t N e w s - T o L iv e rp o o l, p e r s te a m e r K a n a w lia , 1 ,2 0 0 ..
1 ,2 0 0
ioSTow—To L iv erp o o l, p e r s te a m e rs C am b ro m a n , 1 ,8 2 3 ....
L a n c a s tr ia n , 9 5 7 ...R o m a n , 1,585 ..S y iv a n ia , 1 ,1 9 7 ___ 5 ,5 6 2
To Y a rm o u th , p e r s te a m e r Y irm o u th . 1 4 5 ..................................
245
Ba l t im o r e - T o H a v re , p e r s te a m e r A luw iok. 1 ,6 5 0 .....................
1 ,6 5 0
To H a m b u rg , p e r s te a m e rs A d ria , 1< 6 . ..R h a e tia , 7 9 9 ..........
905
T o R o tte rd a m , p e r s te a m e r P a ta p so o , 3 0 1 ..................................
300
P h il a d e l p h ia —T o L iv erp o o l, p e r s te a m e r W aeslan d , 68 4..........
6 84
S an F r a n c isc o —To J a p a n , p e r s te a m e r C o p tic, 2 3 1 .................... .
2 81
T o t a l ............................................................................................................. 2 8 0 ,0 5 5
B e l o w w e a d d t h e c l e a r a n c e s t h i s w e e k o f v e s s e ls c a r r y i n g
c o tto n fr o m U n ite d S ta te s p o rts , b rin g in g o u r d a ta d o w n t o
th e la te s t d a te s :
G a l v e st o n —T o U v e rn o o l—N ov. 1 3 -S te a m e r B e n r iig e . 1 0 ,0 9 5 ........
N ov. 1 4 —S te a m e rs M a rth e ra , 5,313; Teutonia. 6 ,0 2 4 ...N o v . 1 7 —
8 te a ra e rs B encroy, 5,858; C om eria. 8,700; W m . B ra n fo o t, 4 ,4 9 7
. . . N ov. 1 9 —S te a m e r T ita n ia , 6,2 5 9 .
To M a n c h e ste r N ov. 16—S te a m e r S a lo o ia , 3 ,258.
To H a m b u rg —N ov. 1 7 - S t e a n e r E d m b rid ? e, 2 1 5 .. — .N o v . 1 8 S te a m e r Tripoli, 1,454.
To R o tte rd a m —N ov. 1 3 - S te a m - r H y p a tia , 250.
N e w O r l e a n s - To L iv e rp o o l—Nov. 1 3 —S te a m e r S a tu rn in a , 4 9 0 0 . . . .
Nov. 14—S t a -n e r NTw itra to r, 4,965 . . . Vov. 1 6 —s te a m e r Y u c a ta n ,
3 ,8 2 2 . .N ov. 1 9 —S te a m e rs C o sta R ican , 5,400; E leo trio ia u , 5,800.
T o H a v re —N ov. 19—S te a m e ’s M arim a, 10,300; R y d a l H a ll, 8 ,8 5 0
___N ov. 2 0 - S te a m e r S a n ta F e . 6,300.
To D u n k irk —N ov. 1 8 —S te a m e r B lue J a c k e t. 5,0 1 9 .
To B re m e n —Nov. 14 S te a m e i A b a n a, 7 ,0 4 0 ....N o v . 17 - S te a m e r
L e y d e n , 6,745.
To O p o rto —N ov. 18—B a rk A llianoa, 309.
To G eno*—Nov 13—S te a m e r Echi >pia, 2.659.
Mo b il e To L iv e rp o o l—Nov. 16—S te a m e r G len oig, 5,8 3 5 .
P e n sa c o l a —To L iverp o o lN o v . 12—S te a m e r P a u lin a (a d d itio n a l), 286.
T o Tam pioo—N ov. 1 7 —S te a m e r U to, 3 8 2 .
S a v a n n a h —To L iv erp o o l—N ov. 18—S te a m e r L h m o re , 8,5 5 8 u p la n d
a n d 2,4 0 3 S ea Isla n d .
To B re m e n —Nov. 14 —S te a m e r R o ss-sh ire, 5 ,5 1 4 ....N o v . 19—
S tf a iu e r A tla n tic . 4,775.
T o H a m b u rg —N ov. 1 9 —S te a m e r A tla n tto , 51.
To R e v a l- N o v 14— S t- a m e r R iooa C ity, 5 ,2 9 0 ...N o v . 1 8 —S te a m e r
R o b in ia , 4 .5 0 0 u p la n d a n d 8 00 8 e a Is la n d .
T o O p o rto —Nov. 19— B ark A re e P n a , 500.
To B a r e - Io n a —N ov. 14—Sfc-amer J u a n F o rg a s. 7 . 6 0 1 .
B r u n s w ic k — To M a n c h e s te r—N ov . 17—S te a m e r S t. F illa n s , 6.8H0.
C h a r l e s t o n — To B rem en -N ov. 13—S te a m e r Y en is , 8 ,0 3 3 ... Nov. 1 7 —
8 te a m e r S lln g sb v , 9,3S 0.
P o r t R o y a l To L iverpool -N o v . 17 -Steame** C u b an . 8,566.
Wil m in g t o n —To B re m e n -N o v . 2 0 - S te a m e r W raggoe, 9 ,950.
N >r k o l k — To L iv erp o o l -N o v . 1 3 —S te a m e r H e leu , 7,5 >3.
B o s t o n —T o L iv erp o o l—Nov 1 2 —S te a m e rs N o rsem an , 1,502; C a ta ­
lo n ia . 50 2 ..N o v . 1 6 —S te a m e r K a n s a s , 630.
T o Y a rm o u th —Nov. 17—S te a m e r B > ito a , 100.
Ba l t im o r e —To L iverpool N ov. 11 -S te a m e r V edam ore, 3 ,4 2 1 ........
N ov. 1 8 —S te a m e r U lste rm o re , 2,705.
To B e lfa st—N ov. 12—S te a m e r A lgom a, 200.
To B re m e n —N ov. 1 3 —S te a m e r M uuohen, 2,891.
San F r a n c isc o —To J a p a n —N ov. 1 2 —S te a m e r C ity of R io d e J a n e iro ,
1,5 2 8 .
B e lo w w e g iv e a ll n e w s re c e iv e d to d a te o f d is a s te r s to
v e s s e ls c a r r y i n g c o t t o n f r o m U n i t e d S t a t e s p o r t s , S e e .:
R ip o n C it y , s te a m e r ( B r ) , C orm aok, fro m S a v a a n a h , N ov. 16, fo r
R ev al. w ith 5,2 9 0 b a le s o f c >tton. p u t b ic k in to S a v a m a h h a r b o r
th e follow ing d a v w ith oargo o n fir 1. Ab »ut 2.7 *) bales of o i tto n
w e re in th e c o m p a rt nones on Are. The c a rg o Is n o w b e in g
o i-o h u rg ed .
W o r s l e y H a l l , s^eam r <8r.), f n m N ew O rle a n s fo r H a v re , w h ic h
p u t in to New York. O ot. 26 , w ith lire in h e r c arg o , s a ile d for
d e s tin a tio n N ov. 13.
O o fc to n f r e i g h t s t h e p a s t w e e k h a v e b e e n a s f o l l o w s .
S a tu r .

Mon.

T u ts .

W ednes

T h u rs.

F ri.

L iv e rp o o l,a sk e d .d. 53 i-s l 129
532-3 ,l28 632-3IIS8 53 ® 1104 532®l l 04
....
...
....
....
Do
............ .d .
....
4 0 ® 4 2 1 4 0 9421 4 0 ® 1 2 t 4 0 ^ 4 2 1 4 0 ® 4 2 t 4 0 ® 4 2 t
H a v r e .................
__
....
....
....
Do ...................
45t
45t
45 t
451
451
45t
B re m e n ............... .d .
....
,.M
..M
——
...
D o ............... .d.
....
316
H a m b u rg ........... .d.
3ia
SI6
810
310
310
....
....
....
Ho
........ d.
....
....
....
37^1
3 7 ia '
37>al
37*a*
37>at
A m s te r d a m ........ .c. 3 7 ia l
5ia
6ia
*18
R eval, v . H a m b . .d.
510
»i«
6i«
D o v. H u ll.. .d.
*32
*32
*32
®32
*32
*32
....
....
—
••••
B a rc e lo n a ........... .d.
G e n o a .................. d. 1304®732 1364'®732 13fl4®732 1S64®7?.2 1s64'®732 1364 ®732
16fl,
15a i
1“6.
1564
T r ie s te .. ............ d
>6«4
16S<
310
3ia
l.
31«
318
A n tw e rp ............. d.
’ is
732
732
739
G h e n t, v. A n t w’p.rf.
732
732
1 C e n ts n e t p e r 100 lbs.

3

L i v e r p o o l . —B y c a b l e f r o m L iv e r p o o l w e h a v e t h e f o l lo w in g
s t a t e m e n t o f t h e w e e k ’s s a le s , s t o c k s . & o ., a t t h a t p o r t .
Oct. 30
S a le s o f th e w e e k ........... b a le s.
O f w h ic h e x p o r te r s t o o k . .. .
O f w h ic h s p e c u la to rs to o k ..
S a le s A m e ric a n ...........................A c tu a l e x p o r t................................
F o r w a r d e d .....................................
T o ta l s to c k —E s tim a te d ............
O f w h ic h A m e ric a n —E s tim ’d
T o ta l im p o r t o f t h e w e e k ..........
O f w h ic h A m e ric a n .................
A m o u n t a flo a t...............................
O f w hioh A m e ric a n .................

6 3 ,000
3,700
700
5 5 ,000
2,000
6 4 ,000
4 3 5 ,0 0 0
3 2 3 ,0 0 0
1 05,000
9 7 ,0 0 0
3 3 6 ,0 0 0
3 3 0 ,0 0 0

Nov. 6.
8 5 ,000
3.200
2,800
70,000
9,000
7 9 ,000
418,000
303,000
70,000
51,000
397,000
390,000

Nov. 13.
6 5 ,000
3,200
2,200
5 5 ,000
10,000
7 4 ,000
5 25,000
4 0 7 ,0 0 0
190,000
170,000
3 9 0 ,0 0 0
3 8 5 ,0 0 0

N ov. 20.
6 2 ,0 0 0
2 ,7 0 0
1,9 0 0
5 6 ,0 0 0
9 ,0 0 0
7 6 ,0 0 0
5 9 7 ,0 0 0
4 8 5 ,0 0 0
1 5 7 ,0 0 0
1 4 6 ,0 0 0
3 8 8 ,0 0 0
3 8 0 ,0 0 0

The t o n e o f t h e L iv e rp o o l m a r k e t f o r s p o t s a n d f u t u r e s e a c h
day of t h e w e e k e n d i n g N o v . 20 a n d t h e d a i l y c lo s in g p r i c e s
o f s p o t o o t t o n , h a v e b e e n a s fo llo w s .

THE CHRONICLE.

936
Saturday

Spot.

Monday.

Tuesday

M a rk e t, l
1 :4 5 p. M. {

Quiet.

Steady.

Quiet.

M ld .U p l’d s .

41732

41 5 ,2

41&32

8peo. A exp.

7,000
500

1 0 ,0 0 0
1 ,0 0 0

1 0 ,0 0 0
500

Futures.

Wed'day. Thursd'y. Friday
F air
In buyers’ business
favor.
doing.

1 0 ,0 0 0
500

4 1332

1 0 ,0 0 0

1 0 ,0 0 0
500

500

Easy a t
3-01 de­
cline.

M a rk e t, ?
4 P. M. {

Quiet.

Easy a t Steady at Steady at Steady a t Steady a t
1-64 ad­
4-04 d e­
1-04 de­ partially
1-61 ad­
vance.
1-04 dec.
vance.
cline.
cline.
Steady.

Quiet.

Irregular.

Irregular.

Quiet.

The prices of futures at Liverpool for each day are giv- n
below. Prices are ou the basis of Uplands, Low Middling
clause, unless otherwise stated.
J 3 J - The prices a re given in pen ce and 0 ith .
3 S 3 -0 4 d.. and 4 0 1 m eans 4 l - 6 4 d .
S a tu r.
12%

1

M on.
1 45

4

T u es.
1 45

4

T h u s:

W ed.
4

1 45

3 0 3 means
F ri.

T liu rs .

4

i 45

4

1 45

P M. P M P M. P M. P M. P M. P M. P M. P M. P M. p M. P M.
d.

N o v e m b e r..
N o v . - D e e ...
D e o .- J a n ...
J a n .- F e b . . .
F e b .- M a r c h .
M c h .- A p rll.,
A p r i l - M a y ..
M a y -J u n e ..
J u n e - J u ly ..
J u ly .- A u g ..
A u g . - S e p t ..
S e p t -Q « t. .

D A IL Y CLO SIN G P R IC E S O F N O . 2 M IX E D OATS
-0.

Mon.

Sat
23%
2 4 7e

235a
24%
2630

2650

Tues
233 q
24**

Wed
23%
21%
26

26%

T h u r t.
22%
24
25%

r

.

’• 2 %
2d
25%

The following are closing quotations;
FLO0R.

M a rk e t, \
1 :4 5 p . M. j

Nov. 1 4 to
Nov. 2 0 .

salts included No. 2 mixed at 22J^@22J4c . in elevator and No.
2 white at 25J^@25J^c. in elevator.

Freely
offered.

413 3

4 7ie

f Voi.. L i i l l ,

4
4
4
4
4
4
4
4
4
4

26
22
20
18
17
17
17
17
IS
18

4
4
4
4
4
4
4
4
4
4

i.
25
21
19
17
16
16
16
17

4
4
4
4
4
4
4
4
IS 4
19 4

i.
22
18
16
15
14
14
14
15
16
16

d.
4
4
4
4
4
4
4
4
4
4

21
17
15
13
13
12
13
14
14
15

i.

d.
4
4
4
4
4
4
4
4
4
4

21
18
15
13
13
12
13
14
14
15

4
4
4
4
4
4
4
4
4
4

20
17
14
13
12
12
12
13
13
14

i.
4
4
4
4
4
4
4
4
4
4

20
16
14
13
12
12
12
13
13
14

4
4
4
4
4
4
4
4
4
4

t.
21
18
16
14
13
14
14
14
15
15

i.
4
4
4
4
4
4
4
4
4
4

18
14
12
11
10
10
10
11
12
12

i.

i.
4
4
4
4
4
4
4
4
4
4

16
13
11
09
09
09
09
09
10
11

4
4
4
4
4
4
4
4
4
4

19
16
13
12
11
12
12
12
13
14

16
13
11
09
09
09
09
09
10
11

B R B A D S T U F F S .
November 20, 1896
There has continued a quiet market for wheat flour, as buy­
ers and sellers have been apart in their views. The latter,
despite a weaker turn to the grain market, have held firm as
they hold only a moderate stock and the offerings by mills
have been small, but buyers would only trade at concessions.
City mills have been quiet but steady. Rye flour has been
quiet and without change. Buckwheat flour has been in slow
demand but steadily held. Corn meal has sold slowly, but no
changes have occurred in values. To-day the market for
wheat flour was quiet and unchanged.
There has been a fairly active speculation in the market for
wheat fu ures, but there has been a weaker tendency to
prices. Early in the week large Russian shipments and an
unexpected increase in the visible supply of wheat in this
country prompted free selling by “ longs” to realize profits, and
prices declined rather sharply. Subsequently, however, there
was a partial recovery on a demand from “ shorts” to cover
contracts, stimulated by stronger foreign advices and a
revival of ihe export demand, but yesterday the market
again turned weaker under liquidating sales by longs. In
the spot market shippers have been fairly large buyers, in­
cluding about 200,000 bushels purchased for export to Aus­
tralia. The business transacted yesterday included No. 1
Northern Duluth at 89%e. f.o.b. afl iat. To-day the market was
fairly active at declining prices under continued liquidation
by longs, prompted by easier foreign advices. The spot mar­
ket was fairly active. The sales included No. 1 Northern
Duluth at 87%c. f.o.b. afloat and No. 1 hard at 9 0% o. f.o.b.
afloat. No. 2 red winter was quoted nominally at 93%c.
f.o.b. afloat.
r id a y

,

DAILY CLOSING PRICES OF NO. 2 BED WINTER WHEAT.
Sat.
Jfo n .
Tues
Wed. Thurs

N o v e m b e r d e l i v e r y .........o.
...0 .
D e o e m b e r d e l i v e r y . . . —o.
J a n u a r y d e l i v e r y .............o.
M a r c h d e l i v e r y ................ o.
M a y d e l i v e r y ........ ............. o.

87
88
89
91
89%

85%
86%
87%
89%
87%

84%
85%
86%
88%
86%

86%
87
87%
89%
88

85%
85%
86%
88%
86%

90
10
25
75
35

P a te n t, w in te r ....... $4 75® 5
4 80
C it y m i l l s e x t r a s ........
R y e f lo o r , s u p e r f i n e . . 2 9 0 ® 3
B u o f e w b e a t f l o o r ____ 1 4 0 ® I
C o rn m e a l—
W e s t e r n , <feo............... 2 0 0 ® 2
S t r a l g h t B . . . .................... 4 4 0 ® 4 70
P a t e n t , s p r i n g ............ 4 6 5 ® 5 0 0
B r a n d y w i n e ..............
2 20
l W h e a t f lo u r I n s a c k s s e l l s a t p r lo e s b e l o w t h o s e l o r b a r r e l B .]

F r i.
84%
81%
85%
87%
84%

CO
25
50
15

GRAIN.
0.

W h e a tS p rin g , p e r b u s h ..
R ed w in te r N o. 2 ..
R e d w i n t e r .............
H a r d , No. 1____ _
O a ts —M ix e d , p e r b n .

9130 9
78 ®
9 0 7e®

N o. 2 m i x e d . . . . . . .
No. 2 w h i t e . . . . . . .

22% 9
25 % »

85

®

21

®

0.
93
93%
94
91
24
32

23%
26%

d.
4
4
4
4
4
4
4
4
4
4

. . . j ....i ....

F

F i n e ......................<1 b b l . $2 00® 2
S u p e r f i n e . . . . ________ 2 2 5 ® 3
E x t r a , N o . 2 . . . . ........... 2 7 5 ® 3
3 40® 3
E x t r a . N o . 1 .................
( H e a r s . .............. . . . . . . 3 7 0 ® 4

C o rn , p e r b u s h —
0.
W e s t’n m i x e d . . . . _
2 6 ia ®
N o . 2 m i x e d ............. 2S% ®
W e ste rn y e llo w ... 23% 9
W e s t e r n W h i t e ___ 2 8 % ®
R ye—
W e ste rn , p e r b n s b . 4 2 ®
S ta te a n d J e r s e y .. 43 ®
B a r i e v —W e s t e r n . . . . 4 3 a
3 3 ifl®
F e e d i n g ...................

0.
31
29%
31
31
49
50
50
34%

E x ports o f
B r e a d s t c f f s , P r o v is io n s , C o t t o n a n d
P e t r o l e u m . —The exports of thes“ articles during the month

of October, and the ten months, for the past three years have
been as follows:
Exports
from 0 . S.

1894.

1895.

1890.
October.

10 Months.

October.

10 Months

October.

10 M onths.

Quantities.
W heat.bush
F lo u r... bbls

11.955,097 63,730,608
1,400,305 13,936,333

W heat....bu.
C orn... bush.

18,553,739 122,044,106 12,539.060 106,662,167 14,547,(26 118,497,275
699.080 37^179,563
12,980,731 100,990,111 7,429,513 43,110,115

T ot. b ush..

31,534,470 223/31,217 19,958,579 149,772,282 15,246,106 155,676,838
*
$
$
%
8,781,259 73,891,792 9,217,009 84,969,503
3,009,822 21,454,4^6
439,849 17,635,495
10
137
392
156,018 1,217,259
61,831
402,706
132,375
944,328
350,902 1.058.502

6,030.144 53,984/ 77
1,444,305 11,706,109

7.007,787 59,001,004
1.542,053 13,221,358

Values.
1
*
Wh’t& flour. 13,597,805 87,801,245
Corn& meal. 4,100,228 34,561.324
1,593,40
790,142 0,779,326
Oats & meal
938,352 4,553,688
8 arley ...........

Br’dstuffs— 19,864,896 135,288,984 12.297,011 97,022,351 9,851,064 103,942,159
Provisions *. 14,359,230 135,851,713 13,147/32 125,598.555 12,836,374 149,809,759
O otton.......... 37,245,408 153,532,017 27,838,447 127,950,545 30,751,508 132,871,962
P etrol’m,&e. 0,094,163 52,325,270 5,890,514 44.972,499 3,768,021 32,853,299
T o t. value. 77,563,097 470.497,990 59,143.604 396,143,950 57,009,905 419,476,179
• Including c a ttle and nogs in a ll m onths and years.
N o t e .—A l l t h e a b o v e fig u re s a r e b a s e d o n th e m o n th ly p r e l i m i n a r y
r e t u r n s i s s u e d b y t h e B u r e a u o f S ta tis tic s , a n d c o v e r a b o u t 98 p e r c e n t
of tUe t o t a l e x p o r ts o f b re a d s tu f ls a n d o il, 99 p a r c e n t o f p r o v is io n s
a n d n e a r ly 10 0 p e r o e n t o f c o tto n .

The movement of breadstuffs to market as indicated in the
statements below is furnished to us by the Statistician of the
New York Produce Exchange. We first give tne reoeipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending Nov. 14, 1896,
and since August 1, for each of the last three years:
Rye
Barley.
Oats.
Flour.
Wheat.
Corn.
Ebls.lQ m s Bush.GO lbs Bush. 56 lbs Bu8h.S2 lbs Bush. 48 lbs Bush.5G lbs
78,239
494,600
261,915
736014 1,724,901
53,992
Chicago......
88.400
99,450
216,000
340,000
48,10
47,850
M ilwaukee.
24.232
60,125
217,449
208,285 1,003,087
6,084
D u lu th .......
9,000
109,350
2,215 1,904,000
Minneap ’lis
23,400
162,300
1.290
9,900
399,900
T oledo........
89,205
105,321
93,997
14,450
37,877
D etroit.......
20,216
15,149
1,949
27,033
Cleveland ..
20,453
29,035
555 515
142 085
97.500
258.203
St. L ouis...
1,800
305.100
245.850
51,100
7,550
28,400
P e o r ia .......
62,000
107,50P
159,000
Kansas City
186,524
366,616 4,170,353 2,024,739 2,701,748 1,295.246
Tot.w k.’96
130,994
282,939 7,955,801 1,978,001 2,863,587 1,55*540
Sam ew k/95
08,385
410.558 4,253,943 1,370,580 1,305,079 1,115,202
Same wk.’94
Since A uq. 1.
3.472,817
67.259,179
16,972.387
88,245,212
57,102,277
4,689,73P
1898 ........
1895.......... 4.453.535 94,673,917 30,779,486 53,427,353 16,701.409 1,599,389
942,168
1894.......... 5,586.500 83.388,984 21,717,229 85,635,752 17.404,080
Receipts at>—

A limited amount of interest has been shown in the mar­
ket for Indian corn futures, but prices have steadily declined
under Belling by the country and in anticipation of a heavy
crop movement. The weaker turn to wh°at values has also
had some influence upon the market. In the spot market
there has been a fair business transacted, as shippers have
been buyers. The sales yesterday included No. 2 mixed at
The reoeipts of flour and grain at the seaboard ports for the
29c. in elevator and 30%c. f.o.b. afloat; No. 2 yellow at 30c. week ended Nov. 14, 1896, follow:
in elevator and No. 3 yellow at 28c. in elevator. To-day the
B trley,
Rye.
Oits,
Flour,
Wheat.
Corn,
bush.
bush.
bush.
bbls.
bush.
bush.
market further declined under free offerings induced by a
197,115
743.750
1,111,200 ] ,157,425 1,100,300
prospective heavy crop movement. The spot market was
485
29.902
410,599
188.970
341,270
23,545
130 095
469,007
302,050
quiet and lower. The sales included No. 2 mixed at 29%c.
20.800
101,191
511.188
U<,07t
00.548
f.o.b. afloat and No. 2 yellow at 29c. in elevator.
416,299
5,229
l:j0,->09 721,931
R ichm ond.............
New O rleans*..........

OAILY CLOSING PRICES o p NO. 2 NIXED o,»«»
WPS*
Mon
Sat
TKu~t
Tues.

November delivery.... o.0.
Deoember delivery_e.
J a n u a r y ............................. o.
M a y d e l i v e r y ____ _____ o

30%
31%
34%

30%
31%
....
34%

30
30^
33%

29%
30%
30%
33%

29%
29%
30
32%

14,048

12,520
61,951

20/36
357,025

490

17,040
130,395

2.123.18-' 3.651,791 2,151890
1,974.206 2,053,018 1,267.539

823.228
203,70 L

258,704
22,901

28%
28%

Week L895.............

3238

* Receipts do n o t include grain passing through New O rleans fo r foreign
ports on th ro u g h bills of lading.

Oats for future delivery have been quiet and prices have
The total reoeipts at ports named in last table from Jan. 1
gradually weakened in sympathy with the lower market for to Nov. 14 compare as follows for four years:
wheat and corn. Predictions of an increased movement of Receipts of—
1893.
1894.
1896.
1896.
17,247,857
18,165,402
15,297 027
the crop also had a depressing influence. There has been only Flour................ ..bbls. 10,496.675
a limited amount of business transacted in the spot market W h e a t............. .bush. 01,310.101
80.012.437
52/126.530
37.704,838
49,938,603
40,075.923
47.215.643
and prices have weakened with fu'ures. The sales yesterday C o rn .................. . “ 84.442,048
47,577,214
40.333 306
39.000,093
04.718,490
a ts ..................
included No. 2 mixed at 22}^@22%c. in elevator and No. 2 OB arle
3,800,4 26
3,747.744
"
9,835,353
2.822.88 L
y ..............
1,037,503
420,785
450,771
white at 25J£c. in elevator. To-day me market was dull bnt Rye.................... . '* 5.304,212
steady. The Bpot market was quiet and unchanged. The
127.254,226
137.210.280
189,076,113
T »tr1grain . . . . 225.165,273

THK t HLRON l (ILK

November 21. lo9 6 .)

The exports from the several seaboard ports for the week
ending Nov. 14, 1396, are shown in the annexed statement:
Oats
F lrsur,
W h e a t,
C o rn ,
B ye,
P e a s,
__
H a w 'T o r k ...................
B o s t o n .. ...................

b ush.
bush.
2 1 1 5 9 5 494.873
203,852 49,208

....... SKM/'OO

197,585

P h ila d e lp h ia . . . . . . . .
45,75a
B a l ti m o r e ,.............
206,028
H e w O r l e a n s ........ .
H o rfo J k . . . . . . . . . . . . . . . . . . . .
N e w p o r t N e w s ------- . . . . . . . .
M o a t r e a l .......... ............ 296,718

663808
765,492
364,112
251.570
253,425

hbl*.
103.650
42,500

bu sh .
343,794

hus>h.
230,741

7,120
105,297
11,115

227,148
755

111,423

bush.
8,011

140

22,313
57,571

71,000
203.501

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

........
216,229

350,006 846,498 372,189 324,240
Total, week .,
2*5.588
82.638
79,109
fla m e t i m e 1895
The destination of these exports for the week and since
September 1, 1896, is as below. We add the totals for the
corresponding periods of last year for comparison:
. 1,413,588 3,801,158
830,019 1.780,011

W h e a t.
-C o rn .—F lo u r .—
W e e k S in c e S e p t.
W eek
S in c e S e p t
W uk
S in c e S e p t.
i fo r
N ov. l i .
1 ,1 8 9 6 .
and H n
N o t-. 14
1, 1866
N og. 14
_____
bu sh .
b u sh .
S t p t . l to —
bbl»,
bbU .
bush
C a l l e d K in g d o m 245.185
3 .6 0 7 ,^ 7
949.024 13,512,195 M 57,014 15,660.620
4,714.642 1,810,052 12.890.579
C o n tin e n t. . . . . . . .
2 6 L 388
464,564
7,347
1,124
75,958
3 . & C . A m e r i c a . . 24. (« 7
2 i0 .« 0 2
---------13,630
297.647
W e s t I n d ie s ..
31,315
2 t§,»23
. .. . ...
. ,
5,100
1*4.374
B r it. S . A . CO*’8. 12.029
6.1,960
........
31,939
21,632
295,100
g t h e r o o a n tr ie a .
i£M
18.244
■
mhmk

w r

S e w T o s e i o N o v e m b e k 16

937
1896.

1895,

Wee*. S in c e J a n . 1.

W eek. Since J a n . 1..
144
13
3,9 2 5

127
3S
288
1,318
56

3,2 3 9
2,6 0 1
8 7 ,378
5,548
2 8 ,523
1 5 ,290
11,325
2,426
8,864
4 5 ,988
3,7 0 9

T o t a l........ ............ .............
i M g a, v i a V a n c o u v e r * ,...

1,838
..........

2 14,891
3 8 ,595

7,4 6 5

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

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

1,838

2 53,486

7,4 6 5

2 0 0 ,4 1 5

S r e a t B r i t a i n ........... . .........
O th e r E u r o p e a n ........ . . .
C hina

7
4
......

A ra b ia ..........................................
A-frlOa
(Vest I n d ie s ............ ...............
M exico....................... ....... ........
C e n tra l A m e ric a .................
S o u th A m e rlo a ______. . . . . . .
O iu e r C o u n t r i e s ,. . .................

8 50
8 07
293
51
1 27
1,153
102

4 ,2 2 5
2*,884
4 8 ,7 7 1
3 ,7 2 9
1 8 ,7 6 2
8 ,6 9 0
1 5 ,6 2 9
2 ,4 0 4
1 0 ,3 2 5
5 6 ,1 1 8
6,5 0 8

* F r o m N e w E n g l a n d m ill p o in ts d lra o t.

The value of the New York exports for the year to date has
been §9,505,418 in 1896 against §8,075,499 in 1895.
The market for brown sheetings and drills has not been
better than steady during the past week. Spot goods havebeen sold readily at current quotations and sellers have been
T o t a l . . . . ........ .
S o .0 0 0
2 8 12 8 1 0 1,413.588 18.266,063 3,309,158 89,444,844 less reserved on forward contracts.
The demand has been
9.102.000 1 ,7 8 ., 011 14,993,706
T o t a l 1 8 9 6 ,.............. 225,688 2.631,808
830.919
moderate in all weights. Coarse colored cottons maintain a
The visible supply of grain, comprising the stocks in generally firm front. Supplies of these are small as a rule.
granary at the principal points o f accumulation at lake and Denims cannot be bought at any easier prices although the
seaboard ports, Nor. 14, 1890, was as follows:
demand continues light. Ticks, plaids, checks and stripes
uot,
Wheat
C om ,
B a r Lei. and cheviots are all quiet,
-five.
Cottonades in moderate request.
b u sh .
bush.
bush.
bush.
In s u re a t—
bush.
475.000
1.099.000 In bleached cottons very quiet conditions have prevailed in
5.160.000 3^295,000
* e w Y o r k . . ..............
8,091.000
32,000
32,000
10,000 all grades. Prices are fairly steady but the demand is quite
33.000
Do
a flo a t.......
72.000
100,000
30,000
50.000
Albany ................
631,000
255.000
1.173.000
readily met. Wide sheetings, cotton flannels and blannets,
1.003.000
B o fla lo .. . ................ - 1,902.000
On
a flo a t.....
...
Kid-finished cambrics
3,2*2,000
811.000
164.000 quilts and white goods all quiet.
5.670.000
. .. .....1 5 .5 7 1 .0 0 0
quietly steady. Fancy prints tor spring ordered in fair quan­
Do
a f lo a t,..* ..
141.000
"&6oo
47.000
102,000
H U w a a k i # .........
415,000
tities and a moderate business doing in dark fancies, indigo
Do
a f lo a t......
:
845.000 blu-s, .shirting9 and other regular lines at steady prices.
535*000
529.000
'"ijm
O a l t n a . . . . . . . . . . . . . . . 4.994.000
Do
a f l o a t ..........
........
Ginghams continue quiet through ut. Print cloths have been
10l»0Ou
44-%OO0
194.000
T o i a o o .. .. . . . . . . . . . .
775,000
active this week on the basis of 2-JgC, for regulars, sellers re­
Do
a f l o a t * . .. ,* ,
72,060
67.000
*flWM9
D e tro it . . . . . . . . . .
430.000
fusing further bids thereat at the close.
Do
a f lo a t- ...- .
......... . . .
160.OOO
1894.
1893.
1896.
18 9 5 .
101,000
198000
0,000
67.000
i t h o n l s ....................... 2,967.000
Slo ck rtf P r in t O iatK ,—
N ov. l i .
N oe. 16.
N ov. 17. N o v. 18,
ims oo
Do
A f l o a t .....*
9 2,0 0 e
4 6 ,0 0 0 2 1 2 ,0 0 0
A t P r o v id e n c e , 6 4 s q u a r e s . 4 0 6 ,0 0 0
42,000
5,000
12,000
1,000
4,000
.
2 6 ,0 0 0
A t F a ll R iv e r, 6 1 s q u a r e s .. 8 1 6 ,0 0 0
153.000
341.000
1.812,000
Boetce .....
77.000
i o i j o o o '5 3 1 4 >0 0 0
5 7,000
*0,000
A t F a ll R iv e r, o d d s i t e s ___ 9 3 3 .0 0 0
T o r o n t o . ., . . .
54.000
16,000
291.000
4#j&oQ
554.0O0
aioatreei*.....
*mi 0. 00
220.000
iM m
P h U & d e tp h t* .
T
o
t
a
l
s
to
c
k
(
p
t
e
e
e
s
i
.
.
.
,
2
,2
1
5
,0
0
0
1
7
5
,0
0
0
1
6 1 ,0 0 0 5 2 6 ,0 0 0
*8,000
68fl.o0*>
*5,000
30'-.000
Peoria..
3.000
1 7 1.000
U 7.000
l a d ia o a p o H * .
F oreign Dry G oods .—The number of orders w h ich have
8,000
112,000
84.000
*‘ 4.000
Camus* C ity,.
80.000
come to hand this week for spring supplies of dress goods,,
6«*0
tJtnjxto X,#18.000
Mniitmm*
ISflQ&M
8000
10.000
Mlnflaapoll*,....
IMMMV*
silks, etc., nave been larger than for some time past, but som e
100,0113
18,000
O n M iw ta fttip i H i r e r
*?,fW0
1.669.000 of them have failed to lead to ac u tl business, as importers
$67,000
814.000
. Late*--- .. ,,, fl,49fl,O0O UMtS* o
101,000
07*5,000
l **0,000
353,00#
s m uA i and ef r « f . .- 504.0*10
3SJ
cannot always at this late stage guarantee requisite deliveries.
ia,it§,0oe m* «O0 2 768,000 8.250,<*>0 The general tone of tbe market is good.
T o ta l Ho t . 14.180O e o .^ .0 0 0
5.042.000
2.670,000
to.riri.ooo
Tmm Not.
1,04 7,0*0
4,§00.000:
1,5287.00©
* ot«j Hot . 1*. 1*06 a'V'fSflOflO
3,5X5.000 I m p o r t a t io n s a n d W a r e h o u s e W it h d r a w a ls o f D r y G o o d e
T -* » » N o t . 17,1 m t
3.947.000
7,320.0*» 4,671.000
T otal Hot . 18 . l*«*a 7d.<54,000
The importations and warehouse withdrawals of drygoods
at this port for the week ending November 19,1898, and since
January 1, 1898, and for the corresponding periods of last
TH E DRY GOODS TRADE.
year are as follows:
N ew Y ork . Fr id a y . P. M., N o v . 20, 1896.
The attendance of buyers during the past week has been
fair, bat considerably smaller than the preceding week, and
there has be.-n a quieter market on the spot in the cottongoods division. As a matter of fact business has hardly
borne out expectations even of the more conservative char­
acter, and in a number of directions disappointment with re.
suits is expressed. The tone of the market is still steady, but
there are no apparent indications at the close of any improve­
ment in prices, such ns were seen here and there immediately
after the elections. The weather has been too mild for a brisk
business in seasonable lines, whilst the weakness in the cotton
market bus been against sellers of staple cotton goods. There
is no wider ce of stocks of the latter accumulating, and in a
number of lines the market is out indifferently supplied.
The demand for new spring specialties has been fair. Busi­
ness in men '-wear woolens continues dull, but prices are
firm. Dress goods are selling fairly. Several important auc­
tion sales were held during the week, including woolen,
worsted and cotton dress goods, silk tiobons and silk hand
kerchiefs and mufflers, R-.ults were generally satisfactory,
but disclosed no striking feature,
Wooi.ES G oods —The re order demand for light-weight
woolens and worsteds for men's wear has shown no expan­
sion during the past week, buyers atiil proceeding with much
caution in taking supplementary supplies. Sellers of fancy
all-wool goods in medium grades are not easy to deal with
and advanced prices are occasionally asked. Some new lines
of heavy weight goods for next fall have b e e n opened, but
the display so far is decidedly limited. An occasional^ line
show* an advance of about 5 per cent over last season. There
is a light demand for fall weights for immediate delivery.
Cotton-warp and cotton-mixed goods are dull. Over coatings
sell slow 1v, n? do cloakings. Tbe latter are affected by several
failures during the past week in tbe cloaking trade. Flannels and b l a n k e t ? are without material change. Spring dress
good? arc fairly well ordered at steady prices; fall business
quiet.
Domestic C o t t o - G o o d s — The exports of cotton goods
from this port for the week ending Nov, 16 were l,8uo
packages, valued at $96,983, their destination being to the
points specified in the tables below:

TBE CHRONICLE.

938

S tate

aw ? C m

P

sw tm

^

t,

TERMS OF SUBSCRIPTION.

T he I n v e s t o r s ’ S upplement will be furnished
without extra charge to every annual subscriber of the
Commercial and F inancial Chronicle .
T he State and City Supplement will also be fur­
nished without extra charge to every subscriber of the
Chronicle .
T he Street Kallway S upplement will likewise
be furnished without extra charge to every subscriber
of the Chronicle .
T he Quotation S upplement , issued monthly, will
also be furnished tvithout extra charge to every sub­
scriber of the Chronicle .
TERMS for the Chronicle with the four Supple­

ments above named are Ten Dollars within the United
States and Twelve Dollars in Europe, which in both
cases includes postage.
Terms of Advertising—i Per IncH space.)
O ne tim e . . . . . . . __________ $ 3 5 0 | T n r
M o n th s
O ne M o n th
(4 tim e s ) .. 11 0 0 S ix o a th s
T w o M o n th s
(8 tim e s ) .. 18 0 0 I T w e lv e M o n th s
(T h e a b o v e te r m s t o r o n e m o n th a n d n o w a r d a r e

( 1 3 t i m e s ) . .$ 2 5 0 0
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(52 tim e s ) .. 5 8 00
t o r s ta n d i n g o a r d s .

District Irrigation Laws of California Declared Valid.
—The Supreme Court of the United States has this week
rendered a decision sustaining the constitutionality of the
Wright Irrigation District Law of California. This decision
will establish the validity of Dume-ous issues of irrigation
district bonds, which has been in question for some time past.
Last year the United States Circuit* Court of Southern Cali­
fornia decided against the Wright Law, which had been pre­
viously upheld by the Supreme Court of California. The
United States Supreme Court now sustains the opinion of the
State Court and reverses the decision of the Federal Circuit
Court.
The “ District Irrigation Law” of California, popularly
known as the “ Wright Act,” was passed by the Legislature
after a hard struggle in 1887, and was amended in 1889 and
1891. It provides that the organization and government of
irrigation districts shall be much the same as that of counties,
t authorizes the districts to issue bonds for the acquirement
of irrigation works and canals, to make assessments for the
payment of the principal and interest of such bonds, and in
case the assessments become delinquent to sell the property
for their payment.

Protection of Municipal Bo ad Issues.—The system for
the more adequate protection of municipal bond issues inaug­
urated by the U. S. Mortgage & Trust Co., of New York is
meeting with the success deserved. The company has cer­
tified as to the genuineness of over $6,000,000 of bonds pre­
pared by them. By the use of its own steel plates the cost
for printing bonds is greatly reduced, so that a small muni­
cipality can avail itself of the system, and have its bonds
surrounded by the same safeguards as protect securities listed
on the New York Stock Exchange.
B o n d P ro p o s a ls a n d N e g o tia tio n s.— We have r<ceived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale.
. Baltimore, Md.— B o n d O ffe rin g .— Proposals will be received
until November 30, at 12 o’clock noon, by Mayor Alcaeus
Hooper, for $500,000 of 3Y% per cent Baltimore City improve­
ment bonds. Interest on the loan, commencing July 1, 1896,
will be payable semi-annually on January 1 aud July 1 and
the principal will mature January 1, 1940. Ttiis loan is part
of an issue of $6,000,000 authorized for public improvements
in 1892. The ciiydoes not tax its stock but pays the State tax
on this issue.
F u r th e r p a r t i c u l a r s r e g a r d in g th e is s u a n c e a n d r a t e o f t h i s
lo a n w ill be f o u n d i n a n a d v e r tis e m e n t e lsew h ere in th is D e ­
p a r t m e n t.

Boston, Miss. —B o n d O f f e r in g —Proposals will be received
until 12 o clock noon Nov. 21, 1893, by City Treasurer Alfred
1. Turner for the purchase of bonds of the rapid transit loan

fVOL. LXI1I.

to the amount of $t,500,000. The loan will be issued in reg­
istered bond certificates of $1,000 each or » n v multiple of
this sum. Interest at the rate of 3t£ per cent will be payable
semi-annually in April and October at the office of the City
Treasurer, and the principal will mature in forty years from
Oct. 1, 1896. The certificates will be ready for delivery Nov.
25, 1896. This loan is secured by a sinking fund.
Cambridge, Mass — Bond S a le . —City Treasurer Wm. W.
Dallinaer has awarded $33 000 of building bonds, $75,000 of
sewer bonds, $135,000 of street bonds. $6,000 of school house
bonds and S115.000 of water bonds of the chv of Cambridge
to E, H Rollins & Sons, of Boston, at 108 29. Six-eon bids
were received for tbe loan. The denomination of the s -curities is $10,000 or any multiple of this amount. luterest at
the rate of 4 per cent will be payable semi-annually and the
principal will mature October 1, 1916.
Oas'leton Uninn Free Sehool District No. 3, V. X .— B o n d
O ffe r in g .—Proposals will he received until 3 o’clock p. M.,
D.-cember 1, 1896, by the Board of Education for the purcbase of $75,000 of 5 per cent school-building bonds. Each
bid must be for the entire issue. The denomination of tbe
bonds will be $1,000. Interest will be payable garni annually,
on the first days of January and July, and the principal will
mature at the rata of $3,000 annually, beginning 25 years
from January 2, 1897, the date on which the securities will be
delivered.
College Hill, Ohio.— B o n d S a l e . —Oa November 16. 1896,
$5,653 44 o' 6 per o»nt avenue-improvement binds of this
village were sold to George Euatis & Co. at, 104-76. Six bids
were received for the loan. The securities will he issued in
denomina'ions of $565 each, with the exception of one bond,
which will be for the sum of $568 44. The bonds will be
dated November 16, 1896, interest will be payible annually at
the Citiz-m-’ National Bank, Cincinnati, Ohio, and the princi­
pal will mature in ten years from date of issue.
Coraopolis, Pa. — B o n d S a l e . —On Nov. 16 $12,000 of
per cent water bonds to be dated D-c. 1, 1896. and t> run
30 years, with option of call after 5 years, were sold at par.
Interest will be payable semi-annua'lv on June 1 and Dec. 1,
For statement of the financial condition of the borough see
C h r o n i c l e of Oct. 31, p. 807.
El Paso Co., Colo.— B o n d s D e f e a te d —The people of El Paso
County have voted down the proposition to issue $84,000 of
bonds for the purpose of erecting a new court house
Far Rockaway, N. T.— B o n d O ffe r in g . — Bids will be re­
ceived until November 27'h at 2:30 P. M. bv Village Treasurer
James Caffrey at the Village Hall in Far Rockaway for
$75,000 of 5 per cent 20 year sewer bonds. The securities will
be dated February 1, 1896: interest will be payable semi-an­
nually Feb. 1 and Aug. 1 at the office of the Uoited
States Mortgage & Trust Company in New York City,
and the principal will mature February 1, 39’ 6 Either
coupon or registered bonds will be issued in denominations
of $1,000 each, and bids must be accomtanied by a certified
check for $1,000. Proposals must state the price off- red for
the bonds, including accrued interest from A ugu t 1,1896.
The present bonded debt of Far Rockaway is $8,000 and its
assessed valuation is $2,831,500,
T h e o fficia l a d v e r tis e m e n t o f th is b o n d s a le w i l l be f o u n d
elsew h ere i n t h i s D e p a r tm e n t.
Fort Bend County, Tex.— B o n d S a le . —This county has

recently sold 5 per cent 40-year jail bonds to the amount of
$ 20, 000.

Franklin, Ind.— B o n d S a le . —It is reported that building
bonds of this city to the amount of $25,000 have been
awarded at par.
Franklin, La.—B o n d s A u th o r i z e d . —Oa November 16th
the people of Franklin voted bv 143 to 1 in favor of issuing
water-works bonds for $25,0n0, The securities will b^ar inter­
est at a ra'e not to exceed 6 per cent per annum, payable
semi-annually, and will run for a period not t ■ exceed ten
years. Interest and principal will be payable in New York
City. The securities will be offered for sale in a short time.
Hamilton County, Ohio.— B o n d O f f e r i n g — Ro-d bonds of
this county to tbe amount of $25,000 are now being offered
for sale by the Board of Commissioners.
Lansdowne, Pa.—-B o n d S a le —Oa November 18, 1896,
$13,000 of highway-i nprovement and sewer b m Is of this
borough were sold t > Dick Bros. & Co. for $13,232 TO Other
bids received for the loan were as follows: H vl & \1 jor,
$ 3.207-87; E. C. Jones Co., $13,150; W. J Haves & Sms,
$ 3,0i>0. and one of $13,032 50. Interest on the bo ids at the
rateof4pfr cent will be payable semi-annutilv, and the
principal witl mature in thirty years from date of issue. The
securities will be exempt from all taxation.
Madeira County, Cal.— B o n d E le c tio n .— T h e proposition
to issue j ail bonds io the am runt of $50,009 will soon be out
to a vote of the people of this county.
Manchester, ti. H.—B o n d N e w s. — The city of Minchester
will soon be in the market for a refunding water loan to the
amouut of $100,000.
Melrose, Mass.— B o n d s A u t h o r i z e d . —Water-works bonds
to the amount of $12,000 have been authorized by the voters
of this town.

THE CHRONICLE.

NOVEMBER 21, 1896.]

Mercer County, S, J.— Bond O/erm g—Proposals will be
reef ired until 3 o’clock P. M. Nov, 23, 1896, by S. B. Hutch­
inson, County Solicitor, Trenton, N, J., tor the purchase of
8100,000 of 4 per cent road improvement bonds. Interest on
the bond* wilt ue payable semi-annually at the office of the
County Collector, and the denomination of the securities will
i<e 8 1 ,000 . The bonds will be dated Dec. 1, 1898, and the
principal will mature in from one to ten years from date of
issue at the race of 810,000 ytarlr. The above bonds are
special assessment bonds The bonded indebtedness of M--rcer County, including this issue, is $270,000; the assessed val­
uation is $41,311,895 and the population is estimated at 83,000.

New York City 3 per cent gold bonds which were sold last
week to Messrs. Vermilye & Co, at 104-71.
LOANS—

W h e n D ue.

r -U c m g e o fB id s —,
H ig h .
Bow .

3% si., M -N,$400,000g.,Nov. 1 7 ,1 9 1 7 ....1 0 5 -0 0

100-00

$6,509,000

3% l'.. M-N. S 1.925,141sr.,N ov.l, 1 9 1 5 ...104-71

lOO'OO

19,592,206

3iaC.M-M.*U02,H49s., Nov. 1 ,1 916........ 104-75

100-10

912,795

100-62

902,400

School Bon-ds —

School I mprovement B onds—

College

of

S ew Y ork —

8%*.. at-JT. $lS-<,600* , STov. 1 ,1915.........104-71
CHANGE O P G R A D E —

Shw., 8I-ST. $*5,000#., Nov. 1,1 911______101-71

R epaving Streets

and

100 01

Avbs.—

S ew E ast R iver Bridge —

Natural H istor , Museum -

3 k y , M-N. *-25O,000g , Nov. 1, 1 9 17....104 -71
P a p it s

t v r t P t o t r w t v c __

100-27

R edemption B .nds—

State I nsane T ax—

3L)V M -N ..*l,200,o00g.,N ov. 1,1916...104--85*
additional

Water Stock —

3 k g ,, A-O, $2,730,000g., Oot. 1 ,1 9 1 ? .... 104 71

1,535,000

100-11

Dock B onds—

3km., M N. *7.000.000g., Nov. 1 ,19 22..1 05-29"4

3,675,000
1,525,000

100-51

k o a d s . .v c .—

3**«.,M-N, rtOO.OOOg., Nov. 1,1 917......... 104-71
3%ir . M-.N.Sl.OOO.OOOg., Nov. 1 ,1 9 2 7 ...1 0 5 -0 7

6,940,000

100-11

3S*sr.. V-N, $t75.000g., Nov. 1 ,1 9 1 8 .......104-71
R e p a v is o

733,100

100-00

3>s*.. M-N, *30 .000*., Nov. 1 ,1 9 1 8 ........ 104-71

!
j

T o ta l A m i
o f a ll B id s

H arlem R iver B ridge

3V a., M-X,$6D0,<>!>0g., Nov. 1,1 917....... 104-71

Weredosia Levee and Drainage, DIst., Albany, III,—-Bond
Offering.—Proposals are now being received by the Board of
Comtniisti ners of this district for the purchase of $28,000 of 6
percent improvement bonds. Interest on ihe bonds will be
payable annually on October 1 of each year at the office of the
State Treasurer at Springfield, III., and §3,000 of the principal
will mature in 1899, S:T0OO in 1900, $3,000 in 1901, $3,000 in
1902 and the remaining $16,000 at the rate of $4,000 each year
thereafter. The denomination of the bonds is $300 each. Tnis
district covets 8,000 acres of land which is worth from $30 to
$50 per acre.
M illers Falls, M ass.-B ond Offering.—J. E. Kavenaugh,
Secretary of the Water Commissioners of Millets Falls, Mass.,
will receive proposal* until December 12th, at 7.30 p. m., for
$20,000 of 4 per cent water bonds. The securities will be
issued in the fotm o f registered certificates for $1,000 each or
any multiple thereof. They will be dated December 1, 1896,
interest will be payable semi-annually April 1 and Ocrober 1
and the principal will mature December 1, 1986. The loan
will be secured by a special sinking fund provided for its
pa? ment at maturity,
The official advertiiement o f this bond offering is published
eltetrhere in this DejMrtment.

939

100-00
100-00

805,000
19,402,000
78,958,500

100*03

13,037,000

100-05

26,113,000

G ra n d total o f all am ounts b id fo r ................................ . $180,900,001
1 A b id of 1 1 0 w a s r e c e iv e d f o r $ 1 5 0 ,0 0 0 of tlie re d e m p tio n b o n d s of
1922. a n d o n e o t lt>5 fo r $ 1 5 ,0 0 ) o f 8-ate, in s a n e t a x b o n d s o f 19 1 6 ,
b u t an th e s e a m o u n ts a r e c o m p a ra tiv e ly s m a ll th e p ric e s a r e n o t
lis te d In the a b o v e r a n g e .

Bids which were found to have been made by irresponsible
pardes t-ave not been included iu the foregoing range of prices.
Such i ffers were made on various issues at prices ranging
from 107-80 to 118-16 Owing to the annoyance and delay thus
oau-od to the city officials, the Commissioners of th- Sinking
Fund have requested the City Counsel to prepare a bill which
will authorize ihe Comptroller to require security from bid­
ders f, r city bonds as a guaranty of good faith and to preNew York ( Ity—Bond S a le -W o give below a statement vei t the possibility of loss resulting to the city from the subshowing (be far ge of bids for each of the various issues of tnissio - of bids by irresponsible persons.

NEW

N E W LOANS.

LOANS.

NE W LOANS.

§ 5 0 0 ,0 0 0

* « iJ 3 0 ,0 0 0

^ 7 5 ,0 0 0

City of Baltimore, Md.,

Miller s Falls, Mass,

Village ofFarRockaway,N,T,

3?*% I M P R O V E M E N T S T O C K .

30-Year 4 per cent Water Bonds

S**.!** o f B a l t i m o r e C ity IB-IO $$jg£ L o r o PROPOSAL* w ill be received until no&tt HOSft> A Y . J f o T f la b e r m , )W « , m i 8i»« M u y o r 'f O ffice. f o r
t b o P tf B C H A f t£ » IN W H O I M O K P A R T . O F
O F T H E B T Q C K O F T i l K C IT Y O F B A L TJLM O R B, b e a r i n g lo t m t m t a t t h e r « t « o f SNi p e r
■coot&sm, pstyaribi# w t m k - % o n Hi® f ir s t d a y o f

PAYABLE

DECEM BER

1,

1936.

Office of
>
Mili eus Falls water Commissioners,
>
Millers Falls, mass., Nov. it,iSOd. )

5 PER CENT SEWER B NDS.
S e a le d p r o p o s a ls w ill b e r e c e i v e I b y J a n ie s C a ffre y ,
T r e a s u r e r o f t h e V illa g e o f F a r R o c k a w a y a t t h e
V illa g e H a ll, F a r R o c k a w a y , Q u e e n s C " u n ty , N e w
Y o rk , u p to 2:30 P . M . o n F r id a y , N o v e m b e r 2 7 ,1 8 9 6 ,
f o r t h e p u r c h a s e o f S e v e n ty - f iv e T h o u s a n d D o lla r s
0j 5 p e r e e n t tw e n ty -y e a r S e w e r B o n d s o f th e
d e n o m i n a ti o n o f O n e T h o u s a n d ' o lla r s (#l,«-0o) e a c h ,
d a te d F e b r u a r y 1 ,1 8 9 6 , p r in c ip a l a n d i n t e r e s t p a y a ­
b le a t t h e .f f ic e o f t h e U N I T E D S T A T E S M O R T ­
G A G E & T R U S T C O M P A N Y , o f N e w Y o rk C ity .
I n t e r e s t p a y a b le F e b r u a r y 1 s t a n d A u g u s t 1 s t in
e a c h y e a r . B o n d s t o b e c o u p o n b o n d s w ith p r iv ile g e
o f r e g i s tr a ti o n . B o n d s t o b e a u t h e n t i c a t e d b y c e r ­
tif ic a te s ig n e d b y t h e U N I T E D S T A T E S M O R T G A «B & T R U S T C O M PA N Y .
A s s e s s e d v a lu e o f p r o p e r t y in v i l l a g e . .12,831,500}
b o n d e d d e b t, $8,000.
<" re p o s a ls m u s t s t a t e p r ic e o ffe re d f o r b o n d s , i n ­
c lu d in g a c c r u e d i n te r e a t f r o m A u g u s t 1st, L8H0, a n d
s t a t e w h e t h e r c o u p o n o r r e g i s te r e d b o n d s a r e d e ­
ni r e d , a n d b e e n d o r s e d “ P r o p o s a l s f u r B o n d s ,” a n d
b e a c c o m p a n ie d b y a c e rtif ie d c h e c k f o r $ i,0 <0 p a y a ­
b le to t h e o r d e r o f J a m e s C affrey , T r e a s u r e r o f t h e
V illa g e o f F a r R o e k a w a y .
T h e r i g h t is r e s e r v e d t o r e j e c t a n v a n d a ll b id s .
ja m e s c a f f r e y ,
T r e a s u r e r o f V illa g e o f F a r R o e k a w a y .

I n p u r-n a n *
o f t h e a u th o r ity g iv e n b y C h a p te r
180, A c ta o f M a s s a c h u s e tt s , 1896, t h e u n d e r s i g n e d
w ill r e c e i v e p r o p o s a ls u n t il 12 o 'c lo c k M . D e c e m b e r
J a n u a ry and July u t
h a ad every year, in terest 7 th f o r t h e w h o le o r a n y p a r t o f t h e a b o v e m e n ­
nouKtBami^tnn J o t y K IffiNJw *1%® s t o c k to I hmmki b y tio n e d lo a n . T h i s lo a n o f $20,000 w ill b e is s u e d in
f t o t w o f O r tllim o m H o t
a p p ro v e d
7 . R e g i s te r e d R o n d C e r tif ic a te s o f 11,000 e a c h o r a n y
18B2 , a u t h o m i o * t b n I s s u e o f $ 4 f000,000 f o r p u b lic m u lt ip l e t h e r e o f a n d w ill b e p a id D e c e m b e r 1, 1936,
i* tm ym & io o n t b e f ir s t d a y o f w i t h i n t e r e s t , a t t h e r a t e o f 17 p e r a n n u m , p a y a b le
J a n u a r y , IS*##* T h e c it y &t:mi n o t t a x I t s »£<«*&, b u t »em i a n n u a ll y in A p ril a n d O c t o b e r a t t h e office o f
puys lb®. »i,«t« ta x on iti h# imon*
W a t e r C o m m is s io n e rs .
P r o p o s a l# m m *ft fe - turnliwi a n d a d d r e s s e d t o t h e
T h e C e rtif ic a te * w ill b e a r t h e d a t e s o f D e c e m b e r \
M a y o r a s C b a l f m a n o f t b n F i n a n c i a l D e p a r tm e n t, 181*0. a n d i h e I n t e r e s t l a t o b e g in o n t h e d a t e o f is s u e
a n d m a r k e d * I’ro p o # * !* f o r VHO
p e r c e n t L o a m ” c f t h e C e r tif ic a te s f o r t h e s a m e a n d c e a s e a t t h e d a te
T i l# r i g h t i t r e i e r t e d t o r e J M a n y a n d a il bid*.
t h e y a r e m a d e p a y a b le —-D e c e m b e r 1,19*30.
D a v ie s , S to n e & A u e r b a c h . 38 N a s s a u S t r e e t , h a v e
A L C A E tM
M a y o r.
H o ld e r# ! o f t h e s e C e r tif ic a te s , I f t h e y s o d e s i r e , c a n
g i v e n t h e i r c e r t if i c a t e a s t o t h e l e g a lity o f t h e a b o v e
O i l K IC K F A H N E S T O C K ,
r e c e i v e t h e s e m i - a n n u a l i n t e r e s t t h r o u g h t h e m a ll b o n d s , w h ic h m a y b e s e e n a t t h e office o f t h e U n i t e d
b t a t e s M o rtg a g e & T r u s t C o m p a n y ,
JOHN' B, KASWAT,
p a y a b le t o t h e i r o r d e r .
o f F in a n c e ,
T h i s lo a n w ill b e s e c u r e d b y a S i n k in g F u n d p ro ­
v id in g f o r t h e p a y m e n t o f t h e s a m e a t m a t u r it y .
P r o p o s a l s m u s t b e s e a le d a n d add*- >3«d t o J . IS.
K a v e n a u g h . S e c r e t a r y , M ille r s F a lls , M a ss ., e n d o r s e d
” P r o p o s a l s f o r L o a n .”
A 11 p r o p o sa l# w ill b e o p e n e d b y t h e u n d e r s i g n e d In
t h e office o f t h e C o m m is s io n e r s , S a t u r d a y , D e c e m ­
b e r i £ t h . a t 751* o 'c lo c k P . M.
and
Bonds.
T h e r i g h t t o r e j e c t a n y a n d a ll p r o p o s a l s is r e s e r v e d
J . E . K A V E N A U G H , S e c re ta ry . *
C O R P O R A T IO N B O N O S F O R S A L E .
P r in c ip a l a n d i n t e r e s t p a y a b le a t H a n o v e r N a tio n a l
H a n k . N e w Y o rk . B o n d s d a t e d J a n u a r y 1 , 18«7, d u e
S e a le d b id s w tii b e r e c e i v e d u p t o D e c e m b e r 0 th ,
J a n u a r y X, 1 9 17, w ith o p tio n o f c a ll a f t e r fiv e y e a rs .
1S90$. a t i f ( F r ie d s > L a t w h ic h t i m e t h e y w ill b e i
S ize o f b o n d s $500 e a c h ; i n t e r e s t p a y a b le J a n u a r y 1 s t
a n d J u l y 1 s t,
e p n i i d , f o r t h e purrs b a s e o f t h e i s s u e o f 120.000'
S e a le d b id s w ill h e r e c e iv e d u p t o D e c 3 1 ,1 8 9 6 . N o
W f i « W o r k s b o n d * a u t h o r i s e d t o h e is s u e d b y t h e
b id s f o r le s s t h a n p a r w ill b e c o n s id e r e d . T h e c it y
r e s e r v e s t h e t i g h t t o r e j e c t a n y a n d a ll b id s .
M ayor
C o u n c il O f R o c k v ille , M o n tg o m e r y
O fco lo n a is a t h r i v i n g c i t y ; p o p u la tio n , 2 ,500; a s ­
C o u n ty , M a r y la n d , b y C h a p t e r J7 9 o f t h e L a w # o f
s e s s e d v a lu a t io n . $600,000, a n d t h e r e a l v a l u a t i o n
M aryland,
o v e r $1,000,000. H a s n o o t h e r b o n d e d d e b t. T h e
f lo a tin g d e b t is o n ly *7,000 a n d t h i s w ill h e liq u i d a te d
T h e s e b o n d # w ill b e r e g i s te r e d b o n d s o f t h e d e ­
in a s h o r t t im e . A d d r e s s
n o m in a t io n o f f i r e h u n d r e d a n d a t h o u s a n d d o l la r s
E . J . E Z E L L , O k o lo n a , M is s ,
%%
e a c h , d a t e d J a n u a r y 1 s t, i$0«. b e a r i o g i n t e r e s t a t t n e
r a t e o f f o u r p e r c e n t p e r a n n u m , p a y a b le s m l- a n -;
a n a ll y , t h e p r in c i p a l b e in g d u e in t w e n t y y e a r s .
T h e bonds# m m e x e m p t f r o m a ll t a x a t i o n . T h e a s $ 1 0 0 , 0 0 0
IN
m m w f t v a lu e , o f t h e p r o p e r t y pilfered a s s e c u r i t y f o r

# s o ,o o o

18120,000

R O C K V IL L E ,

OKOLONA,

MD.,

MISS.,

6 PER CENT

4% WATER WORKS BONDS.

Waterworks

Electric Light

$ 4 0 0 ,0 0 0

C IT Y

OF

3

BOSTON

Bonds, due 1936.

M O RTG A GE LOANS

t h e a b o v e b o n d s 1* $a.0.OOu b y t h e o ld a s s e s s m e n t;
f h e n e w a s u e s a m e n t. n o w l a p r o g r e s s w ill v e r y la r g e ly
In g r e s ***t h i s b a ils-.

Thcsae boatto a r e o i w e d f o r th e p u rp o se o f e re c t­
in g W a te r W®?te» f u r th e to w n o f R ockrille.,
The- r i g h t is r e s e t r e d s o r e j e c t a n y o r i l l b id s .

.-Attar***

M ayo «* a &p Co u n c il o w
R ock t il l e , M a n r

l a w x>.

District

of

3'65% Bonds, due 1924.

DUNSCOMB & JENNISON,
59

W ALL

TEXAS.

Columbia

STREET.

I n t e r e s t 1 P e r G e n t N e t.
NO

C O M M IS S IO N S c h a r g e d b o r ro w e r o r len d ®
u n til c a n s h a v e p ro v en good,

F R A N C IS S M I T H Al C O .,
S A N A N T O N IO , T E X A S .

,

rHE CHRONICLE

940

j VGL, LX1II,

Starr & Co., $10,000 series C at 4, 104 ; $55,000 series E at
4, 105*63.
Pennsylvania Company for Insurances on Lives and Grant­
ing Annuities. $100,000 series C at 3J£, 101*295 ; $100,000 series
D at SJ^, 101*395 ; $100,000 series E at 3^.101*495; $100,000
Series P at 3 % , 101*595 $100,000 series G at 3 % . 101 695.
R.
L Day & Co. and Estabrook & Co.. Boston, $100,000
each of series C, D, E, F and G at
101*322 and interest.
The bid of $500,000 to be taken in its entirety. The same
firms bid for $1,000,000, divided among the series of $200,000
each at 3^, for 101 026 and interest.
C. H. Borie, $40,000 of each series at 3^, par.
R. E. Glendenning & Co., $20,000 series Cat 4 ,10P652 (equal
to $20,330 40); $20,000 series D at 4, 101*783 (equal to $20,F u ll p a r t i c u l a r s r e g a r d i n g th e is s u a n c e a n d s a le o f th e
356 60); $20,000 series E at 4, 101*912 (equal to $20,382,40); $20,a b o v e -m e n tio n e d s e c u r itie s w i l l b e f o u n d i n a n a d v e r tis e m e n t 000 series F at 4, 102*05 (equal to $20,410); $20,000 series G at
4, 102*17 (equal to $20,434).
elsew h ere i n t h i s D e p a r t m e n t.
John J. Booth, $1,000, series C, at par.
Omaha, Neb.—B o n d N e w s - A city ordinance authorizing
John T. and Daniel R. Greenwood, executors, $40,000 of
the issuance of 4 per cent 10 yearb )nd3 to the amount of any
series at 4, 100.
$310,000 for taking up special assessment bonds to that
Joseph Trotter & Cr., $30,000 series C at 4, 1021^.
amount is in process of passage.
E. W. Clark & Co., $5,000 series C at 4, 105.
George Trott, for the Provident Life and Trust Co., $10,000*
Philadelphia, Pa.—B o n d S a l e — On November 17, thirtyseven bids were received by the City of Philadelphia in re­ series C at 4, 109*20.
Thomas Boggs, $10,000 series C at 4. par; $5,000 series D at
sponse to its offering of $1,500,000 of bonds, the serial loan of
$6,000,000 authorized in March of 1894. The proposals ag­ 4. par; $5,000 series E at 4, par ; $5,000 series F at 4, par?
gregated nearly three times the amount offered. The securi­ $5,000 series G at 4, par.
Hattie F. Keiser, $400 series E at 4, 104.
ties are series C, D, E, P, and G, of the Beading Subway
Sailer & Stevenson, $300,000 series C at 3$£, 100*53.
loan, series C maturiog December 31, 1906, and the other
Charles M. Gibb. $3,000 series C at 4, 104*19.
series in regular order at intervals of one year thereafter.
D John Ridey, $4,000 s-ries C at 4, 105.
Proposals were asked for bonds bearing interest at a rate not
W. P. Simpson, $30,000 Series G at 4, par.
to exceed 4 per cent per annum. The offers received were as
Girard Fire & Marine Insurance Company, $10,000 of each
follows:
„
„ ,
Drexel & Co. and Harvey Pisk & Sons, all or none of the series at 4, 102.
Northern Saving Fund, $50,000 series C, at 4, 101.
$1,500,000 at 3U , 101 299: all or none at 4, 106 199.
H.
H. Powers and T. A. Salter, representing the Junior John M. Doak, $6,000 series G, at 4, par.
August R, Clark, $200 of each series, at 4, par.
order United American Mechanics’ Beneficial Association,
Woodruff Jones, executor, $3,000 series C or D, at 4, par
$15,000 series G 4 per cent, 105.
„„„„„„
Emory, Freed & Co.. $20,000 series C at 4, 104*20 ; $20,000 and interest.
H. H. Pierson, Jr., $50,000 series C, at 3LJ, 101*51.
series D at 4,104 54; $20,000 series E at 4. 104*88; $20,000 series
Henry T. Coleman, $15,000 series F, at 4,”104; $10,000 series*
F at 4. 105*19; $20,000 series G at 4, 105*51.
1 G. at 4, 105
Dick Brothers & Co,, $10,000 series G at 3 % , 100*705.

Okolona, Miss,—Bond O ffe rin g .—Proposals will be received
until Dec. 81, 1896, by E. J. Ezfll, for §30,000 of 6 per cent
water-works and electric-light bonds of Okolona, Miss. The
securities will be dated January l, 1897, interest will be pay­
able semi-annually at the Hanover National Bank in New
York City and the principal will mature January 1, 1917 >
with option of call after January 1, 1902.
Okolona baa at present no bonded debt and the floating
debt is but $7,000. The assessed valuation is $800,000, the real
valuation being estimated at over $1,000,000. Population is
estimated at 2,500.

N E W LO A NS.___

N E W LOANS.
C IT Y OF

NEW

YORK

GOVERNMENT and
M U N IC IP A L BO NDS

3K PER C E N T

GOLD BONDS.
D U E NOVEMBER 1st, 1916.
IN TER EST PA Y A B LE JA N . 1st AND JU L Y l s i ,
E xecutors, A dm inistrators, G uardians and o tte rs
holding tru s t fu n d s are authorized by an a c t of th e
New York Legislature passed March 14,1889, to in­
v est in th e se bonds.
PR IC E AND PA RTICULARS ON A PPL IC A T IO N

N E W LOANS.
IN V E S T M E N T S
FO R

Bought and Sold.

N. W. H A R R I S & CO., New York Savings Banks.
BANKERS*
CHICAGO.

BOSTON.

15 W A L L , S T R E E T .

P H IL A D E L P H IA .
-

NEW Y O R K .

Rudolph Kleybolte & Co.
BANKERS

Farson, Leach & Co.,

CINCINNATI, O.
4 1 and 4 3 W a ll S tr e e t, N e w Y ork .

City of Cambridge, Mass.,
City of Lowell, Mass., - City of Boston, Mass., - City of Cleveland, Ohio, -

-

■
-

4s
4s
4s
4s

A full description o f e ith e r of these issues, w ith
prices, will be m ailed on application.

E. H. R O L L I N S A S O N S ,
$ 3 0 0 ,0 0 0

BONDS.

53

STA TE

B O STO N ,

C I T Y of C A M D E N , N.J.,
4% 30-Year Water Bonds.
P R I C E ON A P P L I C A T I O N .

CO RRESPO NDENCE
C h ic a g o ,
1 1 5 D earb orn S tr e e t,

S O L IC IT E D .
N ew Y ork,
2 W a ll S tr e e t.

E D W D . C. J O N E S CO.,
421 CHESTNUT STREET,
P H IL A D E L P H IA .

M il l s

&

80 BROADWAY,
N EW YORK.

M U N IC IP A L

M ASSo-

D e» M o in e s, l a . . S c h o o l..................................4M»
M u s k e g o n , M ic h ., F u u d iu g ........................... 5 s
A s h la n d , W i s ., F u n d in g ................................. 5 s
B u r lin g t o n , W i s ., S c h o o l . . ........................... 5 s
W a t s e k a , 111., S c h o o l........................ .............. 5 s
R o c k R a p id s , l a . . S c h o o l.............................. 5 s
S h e r m a n , T e x a s , F u n d in g .............................6 s
F o n d a , l a . , W a t e r ....................... ......................6 s
F O R SA LE B Y

WHANN& SCHLESINGER

B lanchard,

STREET,

-

M A S O N , L E W IS & CO .,
3 1 S t a t e S t .,
BO STO N ,

BA NK ER S,
l t l L,a S a l l e S t . .
C H IC A G O .

B A N K E R S .

BOUGHT AND SOLD.

Blodget, Merritt & Co.,

BONDS.

M UNICIPAL BONDS

BANK ERS,
3

W ALL

STR EET,

NEW

YORK.

D e v o n s h ir e B u ild in g ,

16 State Street, B o s to n , Mass.

M U N IC IP A L

BONDS.

-E. C. STANWOOD
& Co..
LAB'S
: ZZZ
oAN K L n s ,

121 Devonshire Street.
BOSTON.
L IS T S SE N T UPO N A P P L IC A T IO N .

W. N. Coler & Co.,

16 Congress Street, Boston.
STATE CTTY

&

RAILROAD BONDS.

SAFE INVESTMENTS.

BANKERS.

SEN D F O E

X .I S T

M UNICIPAL BONDS City and County Bonds.
DIETZ, DENISON & PRIOR*

34 NASSAU STREET.

35

C O N G R ESS ST R E E T , - BO STO N .
1 0 9 S u p e r io r S t r e e t , C le v e la n d , O.

THE CHRONICLE

Xovfmbep 21, 1896 ,]j

941

Henry L. Fell & Bro., $2,000 of any series, at 8J^ par and }■ £ of the loan shall have bean paid. The remainder will mature
of 1 per cent.
at the rate of $17,000 yearly.
Charles Smith & Sons, $25,000 series C, at 3 % , par and inSalt Lake County, Utah. —B o n d B a le .—It is reported that
terf st.
J.
Bell Austin, Treasurer Philadelphia Stock Exchange,this county has sold $131,000 of 5 per cent 10-20 year bonds at
par.
$10,000 series C at 4, 104-19, or $10,000 series D at 4, 104'53, or
San Diego, Cal.— B o n d s A u th o r iz e d — Sewer-extension
$10,000 series E at 4, 104-87, or $10,000 series F at 4, 105 19, or
bonds of this city to the amount of §40,000 have been voted.
$10,000 series G at 4 , 105-50.
Charles E Barber, $9,000 series G at 4, 102i£.
Sharpsbnrg, Pa .— B o n d O ffe rin g —Proposals will be re­
George W. Blabon, $25,000 series F at 4, lli5; $25,000 series ceived until 6 P. M., Nov. 28, 1898, by George L. Walter,
G at 4. 105.
chairman of the Finance Committee, for the purchase of
Estate of William Reinhart, deceased, $16,000 series G at 4, $62,000 of 4 per centsewer bondsof the borough. The securi­
104
ties will be exempt from State taxes.
David R. Reynolds, $900 series D at 4, $18 premium.
Stoekton, N. Y .— B o n d S a le . —It is reported that $31,000 of
Charlf s D'Jnvilliers, $2,000 Beries C at 34£, 101; $2,000 series
D at 3 }4 , 1041.}: $2,000 series E at
1 0 1 : $2,000 series F at road-improvement bonds have been sold by this municipality.
The
securities will bear interest at the rate of 5 per cent and
at 314, 10134 : $3,000 series G at 8V. i02.
The securnies have been awardtd to Messrs. Drexel & Co. matuie in 19C6.
and Messre. Harvey Fisk & Sons, on their joint bid o f'101-299
Tannton, M a s s .—B o n d Sale.—This city has awarded $7,000
for 3*4 per cent bonds.
of 4 per cent 20 year bonds at 105-28.
Proctor, Vt. — B o n d N e w s .—Village Treasurer William
Troy, N. V.— B o n d O ffe rin g .— City Comp-roller James W.
Smith reports to tho CHRONICLE that $50,000 of water-works Coffey will receive proposals until November 23, at 12 o'clock,
and sewer bonds will probably be offered for sale at an early noon, for $48,000 of
per cent public improvement bonds.
date. The securities will be issued for the purpose of funding One-half of the issue will mature December 1, 1915, and the
temporary orders at present outstanding. By means of these remainder on December 1, 1916.
orders issur d from time to time the water and sewer systems
The net funded debt of the city on February 29, 1896, was
have been practically completed.
$1,144,308 39, and the net water debt, wnich is fully provided
the income from the water works was at the same
(Jneens Co., N. Y.— B o n d s A u t h o r i z e d .—Four per cent 20- for by$260,093
75. There is no floating debt. The total assessed
year road improvement bonds to the amount of $275,000 have time
valuation tor 1896 is $47,668,710 08 and the tax rate per
recently been authorized.
$1,000 is $13 30.
Roche»ter, Vt. — B o n d s P r o p o s e d . —Water-works bonds of
Tyler, Tex?— B o n d S a le .—The city of Tyler, Tex., has sold
this municipality have been proposed.
refunding bonds to the amount of $35,000.
St. Joseph County, Ind. —B o n d O ffe rin g .—Proposals will be
Washington, N. C.— B o n d s P r o p o s e d .—The proposition to
received until November 25, 1896. by this county for the pur­ establish
electric-light plant in this place and to issue
chase of $278,000 of 4^ per cent Court House bonds. Interest bonds foran
the cost of its construction is under consideration.
and principal will be payable at the Chemical National Bank
Watertown, Mass.— B o n d S a le .—It is reported that $70,000
of New York in gold or ita equivalent if so desired. After
five years from tbeir date of issue the bonds will begin to of 4 per cent 10-vear sewer bondsof Watertown have ben
mature at the rate of $10,000 yearly until the sum of $100,000 sold to Messrs. Blodget, Merritt & Co. at prices ranging from
has been paid, then $15,000 will mature yearly until $205,000 100-15 to 102-19.

N E W LOANS.

M ISCELLANEOUS.

LEGAL INVESTMENT FOR TRUST FUNDS
AND SAVINOS BANKS IN THE
STATE OF NEW YORK.

HAVE YOU BONDS TO SELL ?

$25,000

M ISCELLA NEO US.

THE
CHICAGO
BANKER « TRADESMAN TIMES-HERALD
II$ o n e h ir e Sr.« Bo* to n . >!nw*.,
THE

220

y

Furnishes th e best medium for Financial adver­
tising among Chicago dailies.
IT S
M ARKET
S \ P A R K BONDS.
PAGES
D a te d J u l y 1. i s j i f i .
Are edited by men of extensive acquaintance in
in New England.
D i n In fr o m 1 to 2 0 Y e a r * .
Financial circles, and contain th e fullest and latest,
It l* taken by bankers, brokers and men of mean*. m arket reports.
A immmnI n l w U t i n . . ..................... .............. ,fU2.9?*.7&3 It la taken by th e National and S tate banka, th e sav­
I t is distinctively
Bonded (tot*
.........
d,3&a.2SO ing* bank* and raving* Institutions of New England.
T H E BUSINESS MAN’S PA PER .
Wa»*r debt . . . . . . . . ............. .......................
1,««.&•»
Special K ates to Financial A dvertisers.
Municipalities contem plating making Issue* of
Not itot* ................ -....................
4.7CS.OOO bond* o r (*ther securities should advertise In th e
The Chicago Times-Herald.
Eastern Office,
iV/puUtkifi t&O.OOO.
Ba x k c k a n d T rad esm a n and reach th e leading
154-16M W ashington St.,
25) T ribune B ld’g.
Property ow ned by Ux> cHy la ratood a t . . f U>.<*X».000 financial institutions and people of New England.
CHICAGO.
NEW YORK CITY
I*M I C K o n A P P L I C A T I O N .

City

of Milwaukee, W is,

la th**

Leading Financial Paper

C. H. White & Co.,
7!l B R O A D W A Y . Y E W

YORK.

W. J. Hayes & Sons,
B A N K I*:Its,

D E A L E R S IN M U N IC IP A L BONDS,
Wr*«4 Railway B ond*.and o th er blab-grade In
VWUDffiU.
HOUTOIf. MAS*..
M r v c l n n d . O h io ,
7 exchange Place.
3 1 1*3 1 3 S u p e r i o r H i.
Adtiret*. ~KF.SSETH.''

C. H. Van Buren & Co.,
B A N K E R S A N D R H O K F .il* .

02 B R O A D W A Y , N EW YORK
STOCKS. BON!** AND H IGH-GRADE
INVESTM ENT MBCTItlTIK*.
O scular L etter, including list of selected R o n d *
Mailed Free.

NEW LEVIATHAN CODE.
225.000

Words.

10 0 .0 0 0 In Table*. 1-4.1.0110 With I’ brn ar..

Now Ready for

I860.

1896,

The United States Life
Insurance Co.

1 SU C C ESSO R TO

Hriiu-kcrlioft", T u r n e r & Co.,

MANUFACTURER AND D EALER IN
IN T H E C IT Y O F N E W Y O R K .
This old and reliable Company now has the exper­
ience of forty-six year* of practical Life insurance,
AND ALL K IN D S OF
which ha* taught It th a t the tint qua <m of success
i* th e adoption of good plans o f insurance, and the COTTON CANVAS FELTIN G DUCK
pursuit o f a liberal policy tow ards both its Insured
CAR
COVERING
BAGGING,
and Its Agents. These essentials it possesses in an
RAVENS DUCK, SAIL TW INE, &C„
em inent degree, but Judiciously tem pered by that
conservatism which is the best possible safeguard of
PO PE "A W N IN G ” STRIPES.
th e policy-holder. Its contracts are Incontestable
AGENT
after two rear*. The are non-forfeiting, providing
generally ror either paid-up policy or extended In­
U N IT E D S T A T E S B U N T IN G C O .
surance. a t th e option of the policy-holder. I t gives
A
full
supply,
all
W
idths and Colors, always in
ten day* of grace In paym eut o f ail premiums. Its stock.
course during the past forty-five years abundantly
1 # 9 D unn e S tr e e t, N ew Y ork
dem onstrates Its absolute security.

C O TTO N SA IL DU CK

A ctive and Succesnpil A gents, w ish ing to rep*
resent this C o m p a n y, m a y com m unicate
xpith th* J*resident,at the H o m e Office,
%61 B roa d w a y, N ew York.

OFFICERS
U E O K G P . I f . B U K F O R D ................. P r e n ld e n i
C. P . F B A L I N G I f .............................

S e c re ta ry

A. W H EEL W R IG H T..................A ssistant Secretory
WM. T. ST A N D -N ............................................ A ctuarj
A RTHUR C. PE R R Y .........................................Cashier
JOHN P. MUNN.............................. Medical Director
FINANCE COMMITTEE:
GEO, G. W ILLIAM S...........P rest. (Them. Nat. Bank
JOHN* J. TUCK KR...................................
Builder
B. H . PERKINS. JR.. Prest. Imp. & Trader*' Nat, B k
J A M E S R. PLUM ............................................ ..L eather

Delivery.

Pric«, *160 per Pair.

W. H. Goadby & Co..

All th e word* dtiler by a t least tw o letter*, and
win be fnemi in the O ftikinl V o c a b u la r y .

11,1 X K K H N A N D B R O K E R S

Hartfield
Tel. CodeN . Pub.
Go.,
7 i B ro a d
Y.

J. Spencer Turner,

N O .

2 4

B R O A D
N ew

S T R E E T

Y o rk .

A

c c o u n t a n t s

Wesley Farrington,
E lite A u d ito r of N . Y . L . E . A \V , R K . Co

EX PER T ACCOUNTANT,
203 BRO AD W AV, NEW Y O R K .
R ooms #01-002 m a il a n d e x p r e s s B u il d in g .

W M. FRANKLIN HALL^
BO OK S

ACCOUNTANT A U D IT E D

New forms designed for books of account.
Settlement of Insolvent Estates,
418 Exchange Building, 68 S tate S treet, Boston.

THE CHRONICLE.

942

[V ol. LX III,

jan k ers atwl ^xolazxs ©ttl of Jlviu Ujork.
__________ EASTERN.

____

Richardson & Clark,
14 E x c h a n g e S tre e t,

P R O V ID E N C E , R . I.
B O N D S , ST O C K S A N D L O C A L S E C U R IT IE S .

S. D. Loring,
S3 S T A T E S T R E E T , B O S T O N .
D E A LER IN

FO URTH

STAHL & STRAUB,

AVENUE,

P IT T S B U R G , P A .
INVESTMENT BANKERS,

M EM BERS OE T H E

NEW YORK STOCK EXCHANGE,
P H IL A D E L P H IA 8T0CK EXCHANGE*
PITTSBURG EXCHANGE (3 MEMBERS),
CHICAGO STOCK EXCHANGE,
CHICAGO BOARD OF TRADE.

118 S O U T H

S treet R a ilw a y R o n d s a S p e c ia lty .

F. H. C. Reynolds & Co.,
7 E x c h a n g e P la c e , B o s to n ,
DEALERS IN

Investment Securities.

Municipal Bonds a Specialty.

C H IC A G O .

A. O. Slaughter & Co.,
BANK ERS AND BRO K ERS,
1 1 5 -1 1 7 L A SA L L E ST R E E T ,

C H IC A G O , I EES.
Members New Y ork Stock E xchange, Chicago
Stock Exchange and Chicago Board o f Trade.

Jamieson & Co.,
S T O C K S —B O N D S ,
Members New York and Chicago Stock Exchanges.
STREET

C h ica g o * I l l s .
P riv ate w ire to New York an d P h ilad elp h ia.'

Loeb & Gatzert,
MORTGAGE BANKERS,
1 25 L A S A L L E S T R E E T , C H IC A G O .
l i n t M ortgages fo r sale in large and small am ounts
•tting investors 5,
and 0 per cent secured by
mproved and income-bearing Chicago city property,
r 'r tu c ip a l a n d I n t e r e s t p a y a b le in G o ld .
CORRESPONDENCE SOLICITED.

A G. Becker & Co.,
(INCORPDUATID)

O O M M E R C IA L PAPER

Edward B. Smith & Co.,

PE N N .

BANKBR8 AND BROKERS,
CORRESPONDENTS
Bank o f New York, N. B. A.
F irst N ational Bank o f Philadelphia.
P I T T S B U R G ,

B O U R S E B U IL D IN G .

P HILADELPHIA.

P A .

Members Phlla. and New York Stock Exchange

E S T A B L IS H E D 1 8 7 1 .

W . G. H o p p e r .
H . S. H o p p e b
Members o f P hiladelphia Stock Exchange.

Whitney & Stephenson, Wm. G. Hopper & Co.,
BANKERS AND BROKERS
28 South Third Street, Philadelphia.

SOUTHERN.

Special a tte n tio n given to P H IL A D E L P H IA
STOCKS and INVESTM ENT SECURITIES.
P. O. Box 1348.
Local telephone 160.

J-P. AHDEE’ MOTTU &CO.. E.
NORFOLK, V A .
SOUTHERN

.

6

INVESTMENTS.

Wilson, Colston & Co.,
M embers o f B altim ore Stock Exchange,
BA NK ER S,
‘2 1 6 E a s t B a lt im o r e S tr e e t* B a lt im o r e .
In v estm en t and M iscellaneous Securities a spec­
ialty, and whole issues handled.
Exceptional facilities fo r dealings in all classes of
Southern Bonds. Loans on Collateral Securities
negotiated.

John W. Dickey,

B ond

and

S tock Bro kers.

Street Railway Securities a Specialty.

A U G U S T A , G E O R G IA .
SOUTH ERN

S E C U R IT IE S .

Davenport & Co.,
B A N K E R S

A N D

B R O K E R S ,

C. W. Branch & Co.,
BANKERS AND BROKERS
STATE BANK BUILDING,
R I C H M O N D , V A .
Private wires connecting w ith W ashington, B alti­
more. Philadelphia, New York, Boston and Chicago.
New York Correspondents: Messrs. Ladenburg
Thalm ann & Co. and Lehm an Bros.

C IN C IN N A T I.

S easongood & M ayer ,
S . W . C o r n e r T h ir d a n d W a ln u t S t r e e t s ,
C IN C IN N A T I, O H IO .

M U N IC IP A L BO N DS.

S T . L O U IS , M O .

H igh-G rade City, County, Town and School Bonds,
«sued in leading prosperous States of th e Union,
aspecially adapted for safe and perm anent investx e n t for E sta te s and T ru st Funds.

Ch a r l e s H o d g m a n .

Ladd & Tilton,
BA NK ER S,

PO RTLAN D , OREGON.
ESTA BLISH ED IN 1859.

Whitaker & Hodgman, Irwin, Ellis & Ballmann,

G eneral

B a n k in g

B u s in e s s .

Co l l e c t io n s G iv e n S p e c ia l A t t e n t io n .

BANKS.
-----------

-■............

80S P IN E S T R E E T .

E d w a r d s W h it a k e r ,

M IS C E L L A N E O U S .

BROKER,

H a rt & F ran k ,

J. E. Crawford & Son.,

P H IL A D E L P H IA .
T ran sact a general banking business.
Allows
in te re s t on deposits.
Members of th e P hiladelphia and New York Stock
Exchanges, and connected by private w ire with
New York.

T ra n sa ct a

E S T A B L IS H E D 1 8 6 0 .

S T - L O U IS .

BA NK ERS AND BROKERS,

W i l l i a m W i l s o n & So n s , Established 1802.
W i l s o n , C o l s t o n & Co .,
“
1867.

R IC H M O N D , V IR G IN IA .

C H IC A G O , I L L .

W. Clark & Co.,
Mo. 139 South F ou rth St.,

Investment Brokers,

Correspondence solicited and inform ation f u r ­
nished about Southern State, M unicipal and Rail
ro ad In v estm en t Securities.
R eference—B ank of New York N. B. A.

0 / F irst M ortgages for sale on improved
/' Chicago City Real E state. Principal and
° In te re st payable in Gold.
CORRESPONDENCE SOLICITED.

STOCK AND BOND BROKERS,

N o. 57 F O U R T H A V E N U E .
Oldest P ittsb u rg Members N. Y. Stock Exchange.

154 La Salle S t , Chlcasro, 111.

M ORTGAGE B A N K E R S,
# 4 AND 9 4 W A SH IN G T O N S T R E E T ,

STR EET,

P H IL A D E L P H IA .

N. Holmes & Sons,
P IT T S B U R G ,

F IF T H

(B R E X E L B U I L D I N G ) ,

BA NK ER S.

High-Gnulc Investment Securities.

1ST D E A R B O R N

P H IL A D E L P H IA .

Henry Sproul & Co.,
78

BANKERS

High • tirade

P IT T S B U R G .

1—

FIR S T

---------

N A T IO N A L

--- '.IM

BANK

O F M IL W A U K E E .
C A P IT A L ,
SU R PLU S.

-

-

-

-

* 1 ,0 0 0 ,0 0 0
* 2 0 0 ,0 0 0

T ransact a G eneral Banking and Foreign Exchange
Business. Collections receive Special A ttention.
OFFICERS:
F. G. B ig e l o w , P res’t.
F. J . Ki p p , Cashier.
W m . B ig e l o w , V .-Pres’t. T. E. Ca m p , Ass’t Cashier.
F. E. K r u e g e r , 2d A ss’t Cashier.

Canal

Bank,

N EW O R LEA N S, LA.
(Successor of N. O. Canal & Banking Co.)
C a p it a l, * 1 , 0 0 0 , 0 0 0 .
J . C. M 0RRI8, P resident. HOWARD TOBY, ViceP res. ED G A R NOTT, Cashier.
C orrespondents—N ational City Bank, N ational
B ank o f Commerce. New Y o rk ; B oatm en’s B3nk1
St. L ouis; N. W. N at-B ank, Chicago; M erchants
N at. B ank, B oston.

San Francisco,
The First National Bank
O F SAM F R A N C IS C O , C A L .
U N IT E D S T A T E S D E P O S IT A R Y ,

a p ita l, * 1 ,5 0 0 .0 0 0 IS u r p lu s

* 9 5 0 .0 0 0

G. M u r p h y , P r e s id e n t, JA 8. K . L y n c h , C ashier
kMKS M o p f it t , Y .-Pre8n J . K . M o f f it t , A st. Cask
G en eral B an k in g B u sin ess. A cco u n ts 8o llo lt* e

R. A. Lancaster & Co. )
BANKERS,

Mo, 10 W A L L , S T R E E T ,
M EW Y O R K .
D E A LER S IN

ROND A N D STO C K B R O K E R S ,

BANKERS AND BROKERS.

3 0 0 N o r tli F o u r t lt S tr e e t,

D e a l in C i n c i n n a t i B o n d s .

INVESTMENT and MISCELLANEOUS
SECURITIES.

S T . L O E IS .

N e w N o . 3 7 E a s t T h ir d S t.,I C ln c ln n a ti.O h lo .

S outhern Securities a Specialty.