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financial
flmimrn
Quotation -Supplement
rontrli
Investors Supplement (Quarterly)
[
State
Entered aocordlng to Act of Congress, In the year 1901, by the William B.
VOL.
(^Am^
and City Supplement (j**^
Street Railway Supplement
(Monthly)
Dana Com part.
SATURDAY, NOVEMBER
73.
Week ending Novcjnber
1901.
PUBLISHED WEEKLY.
Subscription— Pay able in Advance
of
For One Year
For Six Months
$10 00
oropean Subscription (including
600
European Subscription Six Months (Including postage)
Annual Subscription in London (lnoladlng postage)
13 00
7 50
42 14 a.
Six Mob.
41
do.
do.
do.
Above subscription Includes—
Thb Quotation supplement
Thi Investors' Supplement
Terms
postage)
lie.
Transient matter
$4 20
standing business cards.
Three Months
Two Months
Twelve
(8 times)..
22 00
(13 times)
"
(26
).
Months (52 " ).
Six Months
.
.
$29 00
50 00
87 00
6U2 470
Lowell
New Bedford
HolToke
New
Bng...
Chloago
Cincinnati
Detroit
Cleveland
DANA COMPANY,
Pine Street, Corner of Pearl
Post office Box 958.
Publisher*,
Street,
Youngstown
CLEARING HOUSE RETURNS.
111
Lexington
636612
Akron
Kalamaxoo
718 800
419.930
866,457
Rookford
Mew York
Seven
cities, 6 days
oltlei, 6 days
Total
all cities, 6
Allcitlei.
Total
days.
. .
day
1
all cities
for
week
St.
Helena
Fargo
629.989
Sioux Falls
8^6,268
665644
Total PaoUo
Kansas City
Minneapolis
Omaha
Paul
Colorado Springs...
Tot. other West..
Louis
Orleans
68 803,998
58 698 669
63.931.407
18.882.879
89.814,616
17.300 231
8,191 788
4.105,000
5.950 291
6.846.278
8 651 877
4 847 906
8.807.718
1,834 836
1.693.863
1,633 0»»
637,216
940,000
1,000 000
927,000
851 180
484.704
886 867
0626.888
4,700 000
over 1900
Knoxvllle
Fort Worth
Baltimore
Buffalo
Washington
Albany
Rochester
Syracuse
Beranton
,
,
i
,
,
,
1.672,8911
1,009.221*
Wilmington
Blnghainton
Chester
Sreensbnrg
Wheeling. W. Va
Wilkes Barre
Total Middle...
,
1,093,860
9*1.774
1.088.7(18 286
+43-8;
-+-8-0
1
95.860,874
31.615.890
81.386 14"
6.762 611
2,708 840
8.690.267
1838 177
1,800,371
1,248 68*
876 877
376.500
852, 91
810.000
839,300
-18-4
416 600
878 243
+81-2
288.886
8*9,078
-16440,441
779 424 Not Include d In tot al.
887.628 Not Include d In tot al.
1. 704.086 M86 1 773 773.726
-8 9 1,262 77W.068
8.979.991
4.830.676
2,996 186
1,682.490
1.605,859
1.858.606
Nashville
Norfolk
Augusta
Birmingham
Maoon
Little Rook
835 661,467
88.748 978
16.643 316
16 646 69 I
4.818 847
1.076 828
1
606 238
980.682
923 W00
682 735
883 800
Chattanooga
Jacksonville
Total Southern...
116.909,196
10».683~174J
t 07.837
8 351638 741
:.383.
all
Outside N.York..
841.891,987
768.099,668
21 810 930
IS 462 243
6.290 93J
1780 000
851,691
8)5.160
629 807
985 939
16.738 569
11799 851
2 646 589
1,658 561
1.693.518
1,880 116
1,810.862
1,838,696
708 919
596,088
886 000
9i.l86
J3
10 988 036
11,001.989
6.679.600
6 490 256
8.765.162
1,796 894
1,889 062
463,81»
107.909
496,716
661,017
519 690
870 486
79 018
+100
61 003 034
4l.07i.7W2
+85-4
-1-9
+7-8
+6-6
+9-7
-86-9
83.485187
9,305 8*9
87.488 909
8.569 50;
8.775 2J0
4.738.452
6.898,797
4 606.500
4.978.674
3.048.569
2 118 Odd
8.619 361
1.806.411
1.17 3.235
670 921
8.0 26
4 826 980
2 838 696
3.220 280
-roi
—13*7
+8-1
1,058 142
+261
l,So0.0i>0
+0*8
-18*9
+80-9
+0«-9
+16-9
+3-0
+17-6
1,683 221
988 831
1086.120
995 962
691 769
MS
ISO
9.'5
485
825.699
482 14H
641.789
636 087
484,000
190 838
897.848
189 088
708.000
518 447
+ 11-0
38*217
»81'8
267 868
+14-0
80 8818O4
-0*8 1.775.683.571
616
•
85.673 087
888 818.119
+10*9
088 940.876
488.118.002
+29-1
+14-0
16 958 105
9.874 447
14.939.804
7 2 33.601
+999
».3-)2.163
2.318854
+11-8
1,500 000
+69
1,078.081
850 214
677 679
598 661
818.396
618 587
670 166
045.952
88,167 498
88 160.7)0
OANADAMontreal
Toronto
Winnipeg
Halifax
Hamilton.
8 1. John
Vtotorla
918 050.8*0
708 788
1.680.970
1,168.771
955.000
1.C00.90S
496,148
867.103
l
Total
+ 38*9
1.074.8:18
1,647,907
1,295,265
664,«11
176.728
1,000 000
Houston
Savannah
Rlohmond
Memphis
Atlanta
-r-57-2
+43'4
+13-9
+33-1
+14-H
+16-6
—7-0
033721
Wichita....
New
6.048887
4.561.680
3,648,774
1.414,169
655.791
1,446,047
978,406
4S2.164
100,000
6,191,971
8,008.633
Fremont.
+-12-J
44-9
+37-2
+3-4
+10-1
+2-4
+42-4
4 669 292
Topeka
+68-2
+4-0
18.131.778
18,319,138
6.061 871
6.880.414
6,670.650
Denver
Joseph
Des Moines
-t-51-8
19000.027
18 276 831
vious week, covering the returns for the period ending with
Saturday noon, Nov. 23, and the results for the corresponding week in 1900, 1899 and 1898 are also given. Contrasted
with the week of 1900 the total for the whole country shows
a loss of 0'8 per cent. Outside of New York the increase
,
In tot al.
34,069 878
4.378,000
Philadelphia
Pittsburg
3-3-5
+403
46.267,212
Galveston
New York
+21*9
+26-1
+47*3
+5-0
+82-81
8 831 778
1808.
150,273
214.907
194.618
155,000
392.60J
381,294
834, 168
87u.44U
223.440
138.176
+8-6
13.988.777
13 880 269
0.065 756
6.468 89i
4.412.S80
3.000.679
1,681.628
670.287
St.
18(H).
+191
41161*
+409
23 32o 159
+T6
1 901.
293 535
312 .ntW
238.416
+7-6
+16-8
738 335
778,706
241.411
864 961
890.060
867.000
869.966
845 160
179 017
819,089
88 073
+13-9
P. Cent.
-6-1
.492.045,960 1,689,089,179
122.S28.610
+15-7
109.987.947
48 6tJ6 474
86 780 028
+186
-0-4
83 seo.cae
23 4M.801
6,489 968
+18-3
6.788,700
2,791,466
+1-2
2.785.899
6.95J.678
2 937.033 +10i*6
8.386.717
+6*0
8,250.760
1 tii 810
+20-0
1,136,866
279.621
414 941
1.117,891
+24-3
81.807,377.106
1900.
•+83-2
1414.893
1.476,864
1.203.968
Tacoma
Louisville
1901.
344.782
515.689
433,320
605.900
886,851
4.574700
2.465.450
1 474.826
Spokane
82,058,552,007
28.
£47,fc66
+87-8
+16-8
+8*9
+10-0
8741,701
+16-0
Week ending November
-89-9
+ 12-7
Seattle
St.
at—
8, H 66C66
Los Angeles
night.
Clearings
97.646.986
10 872.401)
617.T84
7.497.656
4.719.869
+85-8
+68-7
+22-6
+24-6
18 868.707
8.173 879
$1,428,770,862
878.600,514
per cent.
140.701,109
10.436 600
+148
3 408.021
2.373 896
2.330.767
2,475 079
970.106
1,167,314
558,452
428.049
182.394
the week covered by the above will be
given next Saturday.
We cannot furnish them to-day,
clearings being made up by the clearing houses at noon on
Saturday, and hence in the above the last day of the week
has to be in all oases estimated, as we go to press Friday
is 10-5
113.79J.878
81»275
4,496.934
2,7*2,091
4 017.978
tl.651,664.389
406.9S7.62l
figures for the pre-
168,780,*0j
141889479
+24'1
We present below our usual detailed
+88-1
-13-0
20,045 512
3 000 175
8.127.075
8 147.220
2,003 841
1,217.878
1,189,67V
711.815
610,995
168 789
-(-14-8
full details for
653.732
419.143
+28-o
+33-1
+17-2
+72-4
DavenportSioux City
The
800.484
480 965
468.813
+ 18-6
1086.024
82 474 Not include
261501
292 358
20 195 006
200.469,897
|
+14'3
1
1
26 014,182
San Franoltoo
Salt Lake City
1 1,828.808,766
Orleans
1,893.581
1.159.311
1,256,440
— 11-6
-t-5-4
2.366 321
1,819.191
1,313.321
100.338.873
4 916,100
1,888 811
1.885 53*
1.876,043
200.145,895
tl.402.H91, ia»
248,713.264
81.617.858
78,628.780
14,878,876
117,953.6*7
34,000,000
9,947,951
141.070.59«
961 800
2.187 511
1,472,816
1.801.022
+18-6
Portland
I
+1-7
+7-0
+80-5
+19-4
1808.
811 360,706
+16-2
-8-0
+9-4
-5-8
+20-8
+38-6
-15*8
Baltimore
Chloago
St. Louis
Other
P. Oent
+16V
1899.
830,379.741
1910.162,666
91,867,839
02,316,862
16,981,892
97.606.469
84.897,554
11,784,886
11.068,026,02;)
Boston.
Philadelphia
New
1900.
1901.
-16-3
+8-0
28.
9 829,910
6.677.622
B.479 200
8.008.828
2.067.73 5
2 0-0 702
1,100.993
1,127,457
2304168
323.247
411.588
188,109
270,810
286,472
168,763
Springfield, Ohio...
The following table, made up by telegraph, etc, indicates Canton
111....
that the total bank clearings of all the clearing houses of Jacksonville,
Sulncy
loomington.
the United States for the week ending to-day, Nov. 30,
Jackson
have been $2,058,552,007, against $2,333,867,337 last week and Ann Arbor
Tou Mid. West'
$1,807,277,166 the corresponding week last year.
Clearing*— Return' by Telegravh.
Week Ending November 80
866 488
760,601
562,160
654 584)
Hvansvllle
Springfield,
6 948 600
2,069.248
1.496,799
1.478.144
1,878,111
1,274.186
1,074,899
027.019
989,899
147,297.878
16,865 990
9.150.748
11.365 481
6.B91.879
6 650.700
8,689 716
1 451 686
1,878,342
new YORK.
P. Oent.
169,228.876
19,951,800
16,488,901
18.931,602
Grand Rapids
Dayton
Peoria
t
171,287.697
8204.494
Indianapolis
1001.
148,960.662
Toledo
&
1
tna.aio
841,741
6,366.000
& 001.436
2 647.122
2,434 567
Messrs. Edwards
Smith, 1 Drapers' Gardens, E. O., will take subscriptions and advertisements, and supply single oopies of the paper
at Is. eaoh.
B.
1,621,079
1.782,111
1,660,016
1.621,6*2
896,116
Worcester
Portland
Milwaukee
Columbus
London Agents:
WILLIAM
2,81(7,616
New Haven
1900.
161240 847
180 678,681
7.148 800
Springfield
Total
Advertising—(Per Inch Space.)
ol
Boston
Providence
Hartford
Fall River
Street Railway Supplement
State and City Supplement
NO. 1901
30, 1901.
Clearings at —
$hje (&hxonitU.
Terms
In the offloe of the Librarian of Congress. ]
Vancouver
Quebec
Total Canada
...
798 801;
777.434
888 9-6
788 782
1,476.206 Not Include
46,116 806
36 948 006
+1-9
-311)
+25-3
777.844
In tot al.
+80*4
THE CHKOJNKJLE.
1130
THE FINANCIAL 8 ITUAl ION.
[Vol. LXXI1I.
extraordinary total of last year, the Board
yield over ninety million bushels
making the
— 90,045,514 bushels,
The adjournment of the Vanderbilt directors without cutting or making any announcement with respect
valued at $50,479,579. As compared with the estimate
for 1900 of the National Department of Agriculture
to the loag-looked for melon was a sad event to the
speculative fraternity.
On the other hand those who
at
Washington, this is an increase of nearly 8 million
bushels, and as compared with the Kansas Board's
investfor
stock
own
estimate for that year, it is an increase of 13,450,have bought the New York Central
ment purposes would much prefer a permanent ad- 071 bushels, or 17$ per cent. In home value the
vance in the dividend rate when it became feasible Kansas Board makes the increase over the previous
than such a denoument as has been of late the pre- year $8,855,483, or 21-27 per cent. A total of 90
vailing anticipation of Wall Street; besides, would not million bushels of wheat for a single State is Euch a
such a course accord better with a healthy and con- magnificent harvest, we need hardly say that it is deservative policy? It is not desirable for our best cidedly the largest in the history of Kansas and also
established railroads to cultivate a habit of bargain the largest amount raised in any State in any year.
buying. Something of that nature has been a feature It averages 61-34 bushels per head of population in
It is a prac- Kansas, with a home value of $34 39.
It is perhaps
in our Wall Street market the past year.
public
well to add that the present sowing of winter wheat
tice in department stores that no doubt meets a
stimulates
a
only
stocks
for the next crop is reported 12 per cent larger than
to
want, but when applied
feverish thirst for making money without giving an that harvested upon the present year, with the condiequivalent of work. We know nothing at all about tion the best "ever known at the time of year."
the real intent of the owners of the New York Central The Kansas corn crop for 1901 is put at 42,605,672
and its allied properties, but doubt on general princi- bushels, which compares with the Washington estiples many of the stories affecting their future which mate of 163,000,000 bushels for 1900 and with 237
have been afloat. Much of the recent buying and a million bushels for 1899.
higher price than formerly prevailed could easily be
An illustration of the advantages accruing from
accounted for on the basis of the improved prospects
The present value of improved service both to the patrons of a road and to
of the companies concerned.
the Vanderbilt properties may be quite fully gathered the company granting it, is seen in the case of the
from an article which will be found on page 1134 to- change made the present week in the elevated time
The
table of the Brooklyn Rapid Transit Company.
day.
Rapid Transit about a year ago began running through
Other than the New York Central expectation and elevated trains to Bath Beach over the old West End
disappointment, the leading incidents of influence the line of the company. The trains are run on the elecurrent week, have been the renewed strength and vated structure as far as the Union Depot at Thirtyrise in the foreign exchange market and the large de- sixth Street and Fifth Avenue and then take the surAddedjto these was face tracks of the trolley roads by means of an
cline in Amalgamated Copper.
which has led to incline erected at that point. The inauguration
feeling
buoyancy,
general
of
the
much
many
meant that a passenger could take
such as the Manhattan Elevated, the Reading Rail- a train at Park Row, and without change of cars pass
road and the Southern, besides a large num- over the bridge, over the elevated structure and then
An event of special interest to his destination over the trolley tracks ; and could
ber of others.
confident buying of
special properties,
was the return to the syndicate that underwrote the
United States Steel Corporation scheme by J. P. Morgan & Co., managers, of the 12$ per cent ($25,000,000)
This 12$ per cent
of the $200,000,000 subscriptions.
was the only money called for from the subscribers,
and the return now has been made because the syndicate bankers no longer need it. Thus closes an organ-
of
this
make
cents.
service
the trip, too, for a single fare
From
the
first
—namely, for
five
these trains were very popular,
so, for they made immensely better
time than the trolley cars. The trains do not stop at
every street corner, as do the trolley cars, but only at
Daring the summer
certain designated points.
months lack of sufficient electric power compelled the
largest
corporate
venture
ever
incident
of
the
management to discontinue the passage of the trains
izing
made in our market one, too, which encountered and across the bridge, they being run only to and from
and deservedly
—
overcame almost at its outset a strike of unparalleled the Brooklyn terminus, and the service grew rather
The property is now se- unsatisfactory.
bitterness and obstinacy.
money rapidly and most
making
feet,
its
on
In October through service to Park Row was again
curely
resumed, and since then the trains have been so well
judiciously managed.
In the report issued this week by the Kansas State
Board of Agriculture, through Secretary F. D. Co-
patronized (notwithstanding that the season for the
summer boarder in the suburbs has passed) that the
management have now doubled the service. Under
burn, giving the indicated product of the present the new train schedule the trains are run upon eight
season's agricultural yield in that State, we get an or nine minutes' headway during the " rush" hours,
having so and every fifteen minutes during the rest of the day.
little effect upon railroad tonnage and apparently If any one had been asked a short time ago if such
also upon the prosperity of the farming interests extended service to one of the outlying districts could
It has been known all along be made to pay, he would have unhesitatingly answered,
in the Southwest.
that Kansas had raised a very large wheat crop, No. As a matter of fact, however, these trains are
but it was generally supposed that the most that well filled at all hours of the day in both directions, and
could be claimed was a repetition of the really during the evening and morning hours they are crowded
imposing yield of 1900. Prom the figures now sub- to suffocation. The explanation, though, is very
mitted by^the KansaB Board^of Agriculture, it appears simple. One reason, of course, is that population in
that the 1901 product actually runs way ahead of the the suburbs is growing very fast. But the most imidea of
why
the failure of the corn crop
is
NOVEMBEB
1901.]
30,
portant reason
is
THE CHRONICLE.
Money on
that people quite remote from the
1131
call
representing bankers' balances loaned
which the trains run are patronizing them. Pa- at the Stock Exchange during the week at 41 per cent
by the trolley cars and walk ten to fifteen and at 3.1- per cent, averaging about 4 per cent. On
minutes to reach the elevated trains, knowing that these Monday loans were at 4} per cent and at ;H per cent,
make better time andalso afford better accommodations with the bulk of the business at 4 per cent. On Tuesgenerally.
The experience in this case, too, furnishes day transactions were at 4£ per cent and at 3^ per
an illustration of what the Rapid Transit manage- cent, with the majority at 4 per cent. On Wednesday
ment are doing in the way of solving some of the loans were at 4£ per cent and at 4 per cent, with the
The recent ap- bulk of the business at 4 j per cent. Thursday was a
difficult problems confronting them.
Railroad
Commissioners
for permis- holiday.
plication to the
On Friday transactions were at 4 per cent
sion to discontinue some of the stations on the Kings and at 3£ per cent, with the majority at 4 per cent.
County Elevated line was made with the same pur- Banks and trust companies quote 4£ per cent as
pose in view, that is with the idea of improving the the minimum. Time contracts were freely offered;
Rates are
elevated service and extending to other parts of the demand was, however, only moderate.
Brooklyn the kind of accommodation the patrons of 4 per cent on all railroads, 4£ per cent on good mixed
the Bath Beach lines are now enjoying. That such and 5@5i per cent on industrial collateral for all peservice is far superior to the ordinary trolley accom- riods from sixty days to six months.
Very little local
modations admits of no question. Of course, while business is done in commercial paper, and the demand
these changes provide for the long-distance riders, the is chiefly from Eastern cities; the supply is just about
situation of the short-distance riders remains exceed- sufficient to meet the inquiry, and there is no accuingly tryiDg.
Probably no great improvement in the mulation of nameB. Rates are 4^@5 per cent for
latter particular can be expected until after the com- sixty to ninety-day endorsed bills receivable, 4^@5 per
pletion of the new bridges and the contemplated tun- cent for choice and 5@5£ per cent for good four to
nels.
six months' single names.
line over
trons will pass
There was no change in the official rates of discount by any of the European banks this week. The
open market rate was firm at London and easy at
Berlin, while at Paris it was steady.
One feature in
the foreign financial situation was a decline in the
rate of exchange at Paris on London to 25f. 15^c.
from 25f. 17-}c. on Monday, due in part to selling of
securities in Paris influenced by the unsettled copper
situation on the Paris Bourse.
There was a firmer
tone for bar gold in the London bullion market, the
price advancing to 77s. 9£d. per ounce.
England minimum rate of discount
remains unchanged at 4 per cent. The cable reports
discounts of sixty to ninety- day bank bills in London
3£ per cent. The open market rate at Paris is 2J per
cent and at Berlin and Frankfort it is 2|@3 per cent.
According to our special cable from London the Bank
of England gained £157,660 bullion during the week
and held £35,370,277 at the close of the week. Our
The Bank
of
correspondent further advises us that the gain was
due to receipts
£235,000 net from the interior
of Great Britain and exports of £77,000, of which £52,000 were to Montevideo and £25,000 to Brazil.
of
The feature of last week's statement of the New
York Associated Banks was a reduction of $13,504,400
The foreign exchange market was weak on Saturdue to the release as collateral of day and on Monday, and on the last-named day sales
Northern Pacific common and preferred stocks upon of sight sterling were made at rates about one cent and rwhich money had been borrowed.
The preferred quarter lower than those on Monday of the previous
stock was withdrawn from loans for the purpose of week.
The fall was reported to be due to offerings
redemption at par, and the common was probably so of bankers' sight bills which had been accumulated in
withdrawn with the intention of availing of the right expectation of a continuance of the urgent demand
to purchase convertible certificates of indebtedness, for the
repayment of maturing loans. When
the books closing for such purpose on Dec. 10. The the holders
of
these bills observed on Saturliquidation
of
exchange loans upon Northern day that
the
inquiry had
above-noted
been
Pacific
and other collateral which was in pro- satisfied, they freely offered their drafts, and as
gress
during the week will also, most likely, the demand was not sufficient to absorb them, rates
account for the reduction in the item of loans shown fell, and on Monday the market became quite weak.
by the bank statement.
The unexpected gain of On Tuesday, however, the demand improved and a re$1,101,400 in cash was probably due to the fact that action set in which caused a decided recovery on the
disbursements for unmatured bonds and other pay- following day and the market was then strong, closing
ments by the Sub-Treasury partly counterbalanced at the best figures. The tone was strong on Wednesthe withdrawals of gold for export to Europe. The day and on Friday.
The supply of commercial bills
in loans, partly
deposits decreased $13,126,800
and the surplus reserve was not large after Monday, and the demand for them
Francs were
was somewhat urgent on Wednesday.
higher on that day and on Friday, influenced by the
fall in exchange at Paris on London above noted. The
was increased by $4,383,100, 4o $14,486,925.
There was a shipment to Europe on Saturday of
last week of $225,792 92 gold by the National City
Bank, which gold was not withdrawn from the Assay
Office until the morning of that day. Payments at the
New York Sub Treasury for unmatured bonds during
the week were $1,374,515 18, making $57,022,590 82
since April 2.
There was an arrival at San Francisco
on Monday of $750,000 gold from Australia by the
Sierra; this gold will be transferred hither through
Assay Office checks, which will be paid early next
week.
Assay Office paid $744,305 02 for domestic bullion.
Gold reoeived at the Custom House $12,510.
Nominal rates for exchange, after declining to
4 84£@4 85 for sixty-day and to 4 88 for sight, recovered by Wednesday to 4 85 for the former and to
88@4
88$ for the latter. Rates for actual business
opened on Saturday of last week at a decline compared with those at the close on Friday of one-quarter of a cent for long and for cables, to 4 84|@4 84$
4
THE CHRONICLE.
1132
88@4 88±
for the former and to 4
flight fell
for the latter, while
market waa unsettled, and
day, when there waa a fall
it
THE BELLIGERENT A TTITUDE IN THE
NORTHWEST.
The
continued on Mon-
three-eighths of a cent to 4
so
87g@4
in long of
871-
one-quarter of
cent, to 4 84@i841,and in short and in cabl
of three-eighths of a cent, to 4 87@4 87£ for the
former and to 4 87f @4 87J for the latter. The market
dosed with a shade firmer tone, and it was stronger on
Tuesday, when short advanced one quarter of a cent,
to 4 87^@4 87^, and cables one-eighth of a cent, to
a
s
[Vol. LXXIII.
Would it not be the wiser course on the part of the
Northwestern Governors who have been consulting
with reference to the recent extension of the commanitj-of-interest idea by the railroads of that section,
to adopt a little more liberal policy than has been
suggested by one of their number, "We are not permitted to doubt that it would be much more to the
advantage of those States if instead of searching
—
On Wednesday
long was unchanged.
ahort and cables rose one-quarter of a cent, to 4 87-J their statutes in a spirit of bitter hostility to see if
*&4 87$ for the former and to 4 88@4 88J for the lat- they cannot find some little words which may be
Thursday forced by astute lawyers to mean a grant of power to
ter; long continued unaltered as to rates.
O i Friday the market was firm interdict orjjhinder the recent efforts of the railroads
'was a holiday.
4 87J@4
88;
at an advance of one-quarter of a cent for long and
for cables and of one eighth of a cent for sight. The
to conduct their business profitably on a low basis of
following shows daily posted rates for exchange by
some of the leading drawers.
DAILY POSTED RATES FOB FOREIGN EXCHANGE.
authority for encouraging the movement.
MON.,
FBI.,
Nov
Brown
(60 days
Bros....
Baring,
Magonn ACo.
3ank British
No. Amerloc.
Bank
4
Sight...
* 8J
5
60 day
4
{
8tght...
«8U
J
60 days,
4
4
60 dayi.
{Bight-..
) 60 days.
)
Montreal
Canadian Bank
,
Of Commerce. I Sight....
Heldetbach, Iok (60 days.
elhetmer A Co } Bight....
(60 days.
{hazard Freres.
Bight...
M erohants' Bk.
85k
I
{sight....
of
82.
26.
88*
*85k
85
4
88k
sen
4 86k
4 88*
4 8«k
89
4
81%
4 89
(60 day*
4b5«
138k
85
84k
86k
88*
4
Wkd„ Thub.,
TrjE8.,
Nov. 26 Nov. 27. Nov.
88
85
88
85
85k
\
of Canada... .{Sight....
Nov.
85
88
85
88
65
88
28.
85
;
88k
88
85
88
85
88
85
88
88k
84k
86
88
o
K
86
F8
86
88
86
88
88
FBI.,
Nov. 29
86
;
i8
86
88
85
88
85
88
85
>a
«<
3
84k
86
88
88k
88*
84k
85
86
88
88k
88k
8ft
84k
88
88
85
88
85
88
The market closed at 4 84|@4 84£ for long, 4 87f &
4 87| for short and 4 88i@4 884, for cables.
Commercial on banks 4 83f @4 84£ and documents for payment 4 83£@4 84f Ootton for payment 4 83£@4 83$,
cotton for acceptance 4 83f @4 844, and grain for
payment
The
money
4
84® 4
following
to
84 4
gives
and from the
Week Ending November
the
movements of
by New York banks.
week's
interior
Received by
Shivped bv
N. T. Bank*. N.T.Bankt.
29, 1901.
...
Movement.
14,368.000
607,000
Oaln
941,000
«.6.96«,noo
14,875,000
Gain. (£.093,000
46,021,000
Total gold and legal tender*.
Wit interior
t 1 766.00C
Gain.
337,000
rates
— they
To
would make
their
endeavor to find
good and healthy principle
of action for a people of a State and its officers to
practice towards the corporations they create, and
especially when they are such beneficent agents as
railroads.
We use that word "beneficent" advisedly.
If any one doubts the vital position they hold in the
development of any commonwealth, let him in thought
we will not say imagine them non-existent and the
State back to the old corduroy period but let him
even suppose their growing efficiency to be checked
for the coming six years.
If the reader wants to
know what that would mean he may with profit recall
the wide insolvency of roads about that number
of years ago, the
little
money the managers
were then spending for betterments, the large
number of the labor class that were idle, and
the deadness and lethargy which prevailed in all industrial work and enterprise.
It may be sail that the
country is not indebted to railroads for the change.
Of course not wholly, but in large part it is. It
live
and
it
let live is a
—
—
indebted to them for a vast amount of fresh capital which during the years j ast prior to the current
cycle of prosperity wa3 put into the roads under reorganization plans capital that has proved to be the
source and start of the new life which they, with the
Tnis
rest of the country, are at present enpyiDg.
is
—
much new
was made, too, by
in the hope that through re-creation of the
the result is as follows.
properties their efficiency might be increased and they
might be put into shape to do work and show a profit
Into
Out of
Ntt Ohante in
Week Ending November 39. 1901.
Banht.
Banht.
Bank floidinji
at lower rates than ever before; and for the further
tl.876,000 Gain 12,093,000
Banks interior movement, ai above 16.968,000
purpose of using these profits in large part not alone
18,300,000
19,800,000
Loss reoo.ooe
Sab-Treasury oper. and gold exports
for keeping up that efficiency, but also for constantly
125,268 300
124,675,000
Gain.
Total gold and legal tenders.
$393,000
increasing it, as they are now doing from month to
The following table Indicates the amount of bullion month.
sacrifice
of
so
capital
With the Sub-Treasury operations and gold exports the owners
In the principal
European banks.
November
B*nk
A
November
28, 1901.
ment
29, 1908.
of
Bold.
X
Silver.
Total.
X
Sold.
*
Silver.
Ans.-Hang'y.
Spain
Italy
of this object
this efficiency.
the way of the attain-
and the continued development
of
heard
It is expressed in the question
Total.
S
85.370,877 81,862,021
81,g52.021
98,862.836 41,083,800 142,146,636 92 993,904 41,186,900 137.480,861
31,294,000 10,121.000 47,415,000 36,887,000 18,841,000 40,708,000
67 919.000 5,965,000 73,881,000 72.139,000 6,188,000 7K,286,000
16,586,000 11.013000 66,549,000 88,298,000 9,811,000 48,110,000
11.008.000 17,025,000 31.083,000 13,874 000 16,360,000 30,234000
15,934.000 2 018,900 17,980,900 15,417,000 1,735,000 17,188.000
4,878.000 5,661,000 10,429,000
5.712,200 6.037,800 11,770,000
36,870.277
'Tranoe
Irrmany'....
single uncertainty lay in
while reorganizations were in progress coming up from
every quarter
these
— can
stable
rates
be maintained after
new expenditures have been completed
situation very naturally centred thoughts
to prevent secret rate- cutting
and rebates
?
on
—
•
That
efforts
practices
which every law regulating railroad operations forbids,
Netherlands..
Nat. Belg'm* 3114,067 1.657,833
4,672,000
.876,000 1,437,000
4,812,000
but which apparently no statute or any board of comTot-thls week U7.280.980 103889838 421.120.818 899,921,986 99,350,900 390,573,885
Consequently a posmissioners has been able to stop.
Tot. prev. w'k 312.489.305 102890647 416,379.962|296.725.868 99,817,259 898,072.622
sible loss of net income still confronted the majority
* The division (between gold and silver) given In our table of ooln
Snch a situation, if realized, would leave
and "bullion In the Bank of Germany and the Bank of Belgium Is made of railroads.
from the best estimate we are able to obtain; In neither case Is It to most lines little or nothing to spend in even keepclaimed to be accurate, as those banks make no distinction In their
weekly returns, merely reporting the total gold and sUver, but we
foeUer e the division we make Is a close approximation.
ing up the efficiency already attained, while affording
a prospect of gradual deterioration with anew railroad
November
THK CHRONIOLK.
30, 1901.]
ThiB ia no fanoy picinsolvency as the inevitable eud.
It is precisely what has happened in recent years.
ture.
1133
roundings only the dishonest shipper finds a way to
get an advantage, and thatisthrough "rebate*," or eome
is again forced upon
allied practice. We say dishonest shipper because the law
fail
to
proclaims that rates must be "reasonable and just;"
cannot
be
repeated
the roads,
In other words, these Governors unknowingly of they must also be "equal" without "rebates" or
course are engaged in an effort to'bankrupt the car- "preferences;" and where these provisions are violated
rying industry by depriving its business of profit t.nd such act is ''unlawful" and can bo punished with fines,
to bankrupt the people's hopes of a continuation of and in many cases with Imprisonment; it is consequently a wrong to connive at violation. It is a wrong
our prosperity.
Bear in mind that it was in response [to the condi- to the farmer and the smaller shipper. To prevent
tion of aitairs above described, and to ward off the these wrongs, and to make rates uniform and stable
then impending danger, that Mr. J. Pierpont Morgan are, we repeat, the sole objects of the community-ofIt is really a system to help railroad
devised the community-of-interest plan. It is believed interest idea.
to have been quite widely applied in the East and to commissions to carry out the provisions of the Interthe systems of the Middle States]; rates throughout State law. On the other hand, if the arrangement ia
those sections are now better observed than ever broken up, the chaos in rates which prevailed not
Later the managers and owners of railroads, long since will again be established, with the consebefore.
in pursuance of the same idea, began their present quences we have already described.
We are not pleading with Governors only; we are
movement in the Northwest, their only object being,
we repeat, to bring about stable rates, and so make also pleading with the people who are back of the
For they of the West and we of the East
the present prosperity and the railroads' widening Governors.
and
in
one
boat and neither of us desires to perpetbecome are all
efficiency embrace the whole country
perpetual.
What this policy has already done and is uate a wrong. It is obvious what the West is afraid
doing, and how far the country is indebted to rail- of: its fear is that the action taken by the roads will
The fact is that regulator was
roads for the existing business activity, we need not arrest competition.
general
The
part
very
way.
removed
statute
long
years ago.
by
When the laws,
state except in a
they have played has been brought out very National and State, regulating railroads were passed,
fully in our editorial reviews of the leading rail- those laws took away all chance of competition as an
roads from week to week during the current adjuster of charges. The rates now are fixed and
It has thereby become evident that income has published under the law; they cannot lawfully be
year.
not gone to dividends, except to a moderate extent, changed except under the regulations the law probut has gone to betterments. Every State is being vides. By secret cutting and rebates they may be
"unlawfully" changed. The farmer, therefore, that
profited by this and no section more than the North
this
influence
in
a
general
Speaking
of
way,
fighting the railroads under the banner of competiis
west.
every reader is aware of the immense orders, aggre- tion is simply fightlngjfor the large shipper, who exgating millions upon millions of dollars, the railroads pects by continuing the Jpractice of rebates to get an
are giving out from week to week for material, eto.
advantage for himself, no part of which enures to the
orders which are a forceful factor in keeping all sorts farmer. The community- of-interest idea carried into
But these orders general practice breaks up this little game.
of manufactures and labor occupied.
tell the story only in small part. Expressing in another
form the agency of railroads in contributing to and
JUBILEES.
perpetuating these "good times," we may say they are
directly and indirectly more largely instrumental in
This country is not old enough to be able to point
increasing the number of men employed than any other with pride to its ruins, and only of late years has the
department of work, thereby adding how many rush of new work allowed any consideration to the
mouths shall we say ? to the consumersjof wheat and thought that there may be relics here worth preservof the other products of the farm.
Thus it is also ing; yet we are beginning to pass long-separated anseen that to the fructifying influence of the roads is niversaries, epoch-stones on the road which remind ua
largely due the higher prices ruling for those articles. that it has already lapped across one century.
InsurIt follows that when we say, as we have done above, ance company after company has celebrated a semithat " to live and to let live|" is a good healthy prin- centennial, and now three newspapers have issued
And
if
the old condition of rates
the old
results
—
—
NEWSPAPER
—
—
for the people of a SLate to practice, we are
not only enunciating a correct scheme of morals, but
ciple
we
are stating that such a State policy brings about a
condition of affairs which^conduces to the prosperity
When
a people so act, they are sowing bountifully and broadly, not sparingly, and will
of all
parties.
reap accordingly.
It ought further to be remembered and help to
disarm criticism that even if the arrangement which
has created such a hullabaloo among oertain Governors was a consolidation which as we have shown
on a previous occasion it is not no real harm could
—
come
to the public.
The
—
railroads, so
far
as
estab-
lished rates are concerned, are wholly under the control of
the Inter-State
Commerce Commission and
of
the individual State commissions; the roads are required to publish their tariffs, and no rate that is not
"just and fair" can stand a day.
Out of these sur-
jubilee numbers, one being fifty, one sixty
and one an
even hundred years old.
The Nestor of the three, although not the oldest
existing journal, is the " Evening Post." Some of it»
earliest issues contained advertisements of young negro women for sale, and the very first issue, opening
with a prospectus which included in the announced
design the inculcation "of just principles in religion,
morals and politics," had in another column the advertisement of a lottery.
This lottery scheme was is*
sued " agreeably to Three several ActB of the Legislature of this State ; " its declared object was to raise
$30,000 to improve Iludson River navigation from
Albany north to Lansingburg, and prize tickets in
the New York State Road Lottery were made receivable for tickets in this one.
Such were the morals of
the time. Slavery, the duello and the lottery had
come down from
colonial
days,
and the
latter waft
THE CHRONICLE.
1134
then deemed among the practical and admissible expedients of communities in fi lancial straits.
The fac-simile reproductions of the first "Post" and
"Times," while a trial to the eyesight, are quaint and
fascinating now from their first to their last lines, for
they are bits of history, enlightening and suggestive.
The former was "pulled" on a Franklin handpress;
but in 1851, New York having grown to a population
of a half million and its dailies being printed on
cylinder presses capable of as much as 20,000 an hour,
the "Times" was founded by a born journalist, Henry
J. Eaymond, partly because the "Tribune" had once
ill-used him while employed on it, and partly because
that journal was reported to have netted [$60,000
Yet this first issue is even a
profit in the past year.
greater curiosity of journalism than its predecessor of
One item in it thanks
the beginning of the century.
[Vol. LXXIII.
"Times" and
the
"Brooklyn Eagle " deserve
well,
having done well, and worthil7 wear the congratulations they have received.
THE SUGGESTED VANDERBILT
COMBINATION.
The rumors
of a
coming readjustment
of
the rela-
Vanderbilt properties east of
Chicago are still repeated with great frequency and
persistency, and they have operated powerfully to advance the market prices of the stocks of the compantions
the various
of
which it is assumed
gested arrangement.
will
ies
A
be embraced in the sug-
consideration, therefore, of
the existing situation of the several properties
much
is
ob-
and seems
likely to repay careful study.
Ou the point whether
a firm of newsdealers "for Philadelphia papers in ad- such a consummation is in prospect we are of course
vance of the mail." Another mentions an item pre- no better informed than any other outsider. It is
pared about the weather, which was crowded out by a rather significant that the higher officials of the Vanspecial account of jubilee proceedings in BDston over derbilt lines, while admitting that the matter is pria visit by President Fillmore, but adds that he cannot marily one concerning which Mr. W. K, Vanderbilt'
always be lionizing through the country, and "as soon will alone is likely to govern, are nearly all unreas he returns home we shall endeavor to do this im- served in expressing disbelief in the existence of such
portant subj
)ct full
j
ustice."
This
m inner
of rural
viously freighted
with
interest,
a scheme.
It is proper to say, too, that the carrying out of any
journalism runs throughout, and the last paragraph
distinguishes
the
still
style
which
arrangement
or combination which sought to include
exact
on page 1, in
most way-back of country weeklies, is too irresistible the Lake Shore or the Michigan Central would be attended with considerable difficulty. A merger, for
not to be copied exactly, thus:
"Long Island Vegetables.— The State of JLong l3land i3 instance, of either company with others would require
some on tomatoes. We were shown the other day a tomato the consent in each case of 75 per cent in amount of
raised by Frederick Rowland of Hemp3tead, one of those
vegetables which measured 22>£ inches around it and weighed the two issues of New York Central collateral trust
2 pounds 3% ounces. Who can beat it?"
bonds secured by pledges respectively of the Lake
The "Evening Post" saw coal first mined ia this Shore and Michigan Central shares. Furthermore, by
country in 1806 and Fulton's first steamboat in 1807; reason of a characteristic provision contained in both
gas first used for city lighting and the time between mortgages, such merger arrangement could hardly
New York and Philadelphia reduced to twelve hours embrace the two companies mentioned at the same
in 1816; in 1817, the Erie Canal begun; in 1819, the time.
Nevertheless there are many who believe that
first Atlantic steamship; in 1830, the railroad system a way will eventually be found for unifying the difbegun; in 1834 the machine reaper, and in 1839, ferent roads. Those who hold this belief seek to
india-rubber; the telegraph in 1844 and the rotary confute their doubting opponents by the statement
printing press in 1847; in 1848, the gold discoveries, that "the stock market tells the story." This argubringing in their trail of results the Pacific Coast. In ment is a favorite one in Stock Exchange circles, bethe second half of the century there have come Bes cause as a general thing the stock market does tell
semer steel, the ocean cable, the ^telephone, electric the story.
Absolute reliance, however, cannot be
lighting and power, wood pulp paper and type-setting placed on such a theory, because obviously operators
machines.
often encourage the propagation of false reports to
Each of the three memorial issues relates, circum- promote speculative ends.
stantially and chronologically, the manner of its
Until quite recently, during the time when Mr. W.
founding, the moderate aim and early 'struggles of K. Vanderbilt was in Europe, rumor dealt chiefly
the founders, and the control of the successive editors, with the advantages that were to accrue to the minor
thus involving an epitome of the commercial, indus- Vanderbilt roads (or "junior" Vanderbilts as they
The con- are popularly termed) from the contemplated unificatrial and political history of the country.
They were to be the sole beneficiaries, and on
tests of parties and wrestlings of bosses, 'the dangers tion.
through which the country has passed, sometimes by that theory a very active speculation, at rising prices,
what seems on looking back at it a narrow margin, 'the was carried on in the same. Latterly there has come
and the overruling of plans to
results far divergent from those intended by the planners these are written out, not in^detail but |in narrative^fragments which serve as key- words to prompt
the memory.
In all this the journals have themselves borne no
vicissitudes of nations
—
small part.
They have been
successful as business en-
recognition of the fact that this was taking a rather
unsophisticated view of the probabilities.
There was
certainly something incongruous about the suggestion
New York
Central would counsel an arrangement intended to confer special benefits upon the minority holders at the expense of itself as the holder of
that the
a majority interest in the properties. It seems niDre like-
—nothing
short of success in a newspaper ly that if any change in existing conditions is purposed,
quarter century; but they have it will be of a nature to confer mutual benefits, with not
a
could endure even
done more, for they have been the work of strong men improbably a little more advantage to the Central
terprises
who were
and than to the constituent companies. Consequently
impress themselves upon the development of New York Central stock has been the rising star in
affairs in all departments.
The " Evening PoBt," the the speculative firmament latterly, it having advanced
of positive
did
character,
able to impress
November
THE CHRONICLE.
30, 1901.]
At the same
the preBent month from 158| to 174$.
the
of
stocks
of
the minor
prices
however,
the
time,
companies are still maintained at or near their best
1135
how greatly the market
value of the Central's stock holdings in these various
properties has increased as the result of the rise in
It
to note
interesting
la
some of them at least it prices which has recently occurred. In the following
would appear as if they had fully discounted all the table we take the amount of the holdings as given
good things that might possibly be in store for above, calculate the value of the same on the basis of
existing prices, and then show in juxtaposition the
them.
The fact that the contract by which the Canada original cost ofjthe holdings:
Southern and the Michigan Central are operated as
/—Amount of Si'ick
nl
Whom.
Held and
one property has only two more years of life, it exa.
t
figures,
and
in the case of
/';
.\
i>u
.
.
f
158.512.200
I',
piring January 1 1904,
accepted as proof in certain
quarters that some broad, comprehensive scheme embracing all the various roads is under way or must
soon be devised. Still, this matter could readily be
is
arranged between the two companies themselves, and
probably cannot be arranged otherwise. All the rest
of the companies mentioned in connection with the
proposed unification scheme are controlled through
stock ownership.
To show the outstanding amount
of stock of each of these companies, and how much is
In each case controlled directly or indirectly by the
New York Central, we have prepared the following
statement. This will give the reader a better idea
than can be obtained in any other way of the position
of these properties with reference to the Central and
the hold the latter has upon them.
Amount
Total
Stock.
Lake Shore, common
Michigan Central
Canada Southern
N. Y. Chic. 4 St. Louis, com..
(6^ non cum ) 2d pref
(6* non-cum.) 1st pref
Cleve. Cin. Chi. & St. L., com.
(5jEnon cum.) pref
Peoria
4
Kastern
Lake Erie 4 Western, com...
(6?Jnou-cum.) pref
Pittsbunr 4 Lake Erie
.Voir
Lake
Lake
by Lake
by Lake
6,240,000 by
11 ,000,000
6,275.000 by
5,000,000
27,989.310
10,000,000
10,000,000
1,840,000
11.840.000
4,000.000
2,503,000
11,224,000
Shore.
Shore.
Shore.
Shore.
by Cleve.Cin.Chi. 4
by Lake Shore.
by Lake Shore.
2,000 050 by Lake Shore.
16,610,300 by N. V. Cent..
UlOblgaa Central
6,240,000 liy Lake Shore.
t'hl. 4St. I.. ..irn
6.276,000 by Lake Shore
2.1 pref..
do
2.603.000 by Lake Bhore
iHt pref.
do
CI. Cin. Cb. 4 St.Lcom. 11,2 4,000 by Lake Shore.
Peoria 4 Eastern ... 6,000,000 by C.C.C.4 St. L
6.910,000 by Lake Shore.
Luke Erlo 4 W. com
5.930,000 by Lake Shore.
pref..
do
2,000,050 by hake Shore.
Pitts. 4 Lake Erie. ...
.
176
62
90
120
100
42
74
130
500
29.06J5.0-'5
19.1'
i."00i
;
6,647,600
6 417,740
\
3,003/00 J
11.224.000
7
4,895,600
111,065
N.. miiiul
.1.000
>
8.-47,010
7,709.000)
107,011.550
The foregoing
1
9 (.678,100
10,00'>,250
2.875,696
234,901,07a
133,761,768
prominence to the fact that,
measured by present market standards, aggregate
holdings in the several companies are worth fully 100
million dollars more than what was paid for them.
They cost altogether, roughly, 133£ million dollars.
Their present market value is 235 million dollars-
The
latter
may
gives
New York
be called the value of the
Central's equity in these properties,
manner
though
it is
only
of stating the results in-
some duplications. Only the Lake Shore stock
and the Michigan Central stock are directly owned by
the Central; the rest are owned by the Lake Shore,
over 90 per cent of the stock of which is in the possesvolves
Doubtless the existing price of
Lake Shore stock may be taken to reflect in great
measure the value of the Lake Shore's holdings in the
remaining companies. Still, even if the equities in
sion of the Central.
None.
5.000,000
V. Cent. 350
N. Y.
fair to say that this
Owned
and bu Wham.
$49.46fl,500 f4'\289.200 by New York Central.
16.610,300 by New York Central.
18,738,000
None.
16,000.000
14,000.000
L&ke Shore 4 Mich. So 46.280,200 by N.
St. L.
6,940,000
5,930,000
1*8,873,810 »1U7,0U,650
these remaining companies be entirely disregarded,
thus appears that with the exception of the
Canada Southern and the Cleveland Cincinnati Chi-
the holdings of Lake Shore stock by themselves have
cago & St. Louis an absolute majority of the outstanding stock of each of the companies given is owned.
Holding such majority, the Central people have no
occasion for concern regarding the same.
The Central
controls their policy absolutely, decides what dividends
shall be paid, and in every way is in position to regulate
their affairs.
As majority holder, the effort of
course must be to develop the properties to the utmost,
but it really has no interest in any readjustment scheme
except so far as such scheme may offer advantages to
itself.
In the case of the Cleveland Cincinnati Chicago
& St. Louis the total outstanding amount of common
and preferred stock is, roughly, $38,000,000, of which
only $L1 224,000 is owned (the Lake Shore being the
owning company).
This is hardly one-third the
whole, so that the individual holdings of the members of the Vanderbilt family are needed to ensure
control.
The aggregate amount of the outstanding
stock of all the companies, it will be seen, is $188,873,810, and of this no less than $107,011,550 is held by
the Central itself or one of the other companies. That
still leaves $81,862,260 as a basis for readjustment, of
which, however, $15,000,000 is Canada Southern stock
and $26,705,310 Big Four stock, common and preferred.
The remaining $40,096,950 is distributed
among the nine issues of stock of the other companies.
The separate amounts in these latter cases being so
small, comparatively little buying suffices to advance
prices, and hence it is not surprising that the rumors
of the last few months, whether true or not, caused
such a marked rise.
igan Central a value of 29 million dollars more, making 187£ million dollars together, which is 78 million
It
a value of 158£ million dollars,
and those
of the
Mich-
more than they cost the Central.
dollars
seems desirable to pursue this investigation a
step further, with the view to ascertaining the earnings of the companies under discussion, separately and
combined, and how far they are earning or paying
dividends on their respective capital stocks. The following tables are intended to give this information.
They show for each company the length of road operated, the gross and net earnings, the charges, the
It
amounts paid out in dividends, and the sums available
for distribution. "We have also added a column to indicate the freight rates per ton per mile for each of the
;
roads, as the ratio of expenses will, other things being
(
qual, be highest
rate.
The
on a road with the lowest ton mile
figures cover the latest fiscal years of the
means that they are for
the calendar year 1900 in all cases except for the Big
Four and the Peoria & Eastern; in these last two instances they are fnr the twelve months ending June
respective companies, which
30 1901:
Sate
Miles 0}
of
Road.
Lake Shore
1.411
Michigan Central
r
mill
0505
180,466.614
* 0-5i».'
16,780431
1,178
)
Canada Southern. \ 467
N.Y.Chie. & St. L... 612
Clev. Cin. Ohio. 6
St. I.nuls
1,891
352
725
Lake Erie & West
lMtsb^Lake Erie. 180
Peoria ft Eastern...
.
6,706
b IncludinR
..
0473
7,0
0-610
17.8?
(?)
2.4
.'
—
0*81
(.88
0-020
7,145,086
t-2,016.600
$26,721 miscellaneous Ipcome.
lb
J17.3 17,795 (65-40%)
18.229,490
IlillQS
10,169,710
3.500.641
(71'
5.60SJM6 (81'OW)
bl,3:
36*)
5.121.861
5.661.213 (7;-83«;)
1,369,918
-3,810
12.7
1.666,
2.9."
I
>1
J59.137.617
»22,904,704
THE CHRONICLE.
1130
LakeSlK.ro
$9,158,719
M.Ch.VnUnl.)
Canada South.
i
St. L..
5,121,861
l'eoriii ft
East'n.
821,960
404,076
417,876
& Western
1,369,918
643,750
716,168
E. 1.583.M0
T02.P85
880,925
2,916,983 c2,332,642
'
on coin
\
°" PTOt '^.
on corn. oH!*
i.
L. K.
& Lake
Pitts.
|
U2*%
j
I
1036
",335,401
years reached
82 million dollars.
Their combined net earnings (after the charging of
practically all betterment and improvement outlays
million
we apply
If
this
dol-
charges were not
quite 10^ million dollars, leaving a surplus
624,180.
latter
sum
$12,-
of
(after
de-
ducting some $500,000 to $600,000 of Lake Shore
income, which represents dividends paid it by the
other
companies)
to
the
$188,873,810 shown
above to be outstanding on the combined properties,
we
find
only a
that surplus
earnings (above charges)
equaling
6£ per cent
on the combined capital. Of course in averaging results like this a large surplus on one company is
fell
treated as
if
little
short
available
of
on the
capital of the other
com-
panies having only a small surplus or none at
The general statement, however, is indicative
all.
of
the strength in earning capacity of the roads as a
whole.
a quite remarkable fact that the
companies singly make an almost equally
favorable showing.
There are eight companies represented in our statements, and they have twelve difIt
also
is
different
Out of these
twelve issues there are only three on which no divi-
ferent
issues
of
Fmm Jan.
Lake Shore
Otobk Earning*.
.
:)0.
June
30..
to
.
stock outstanding.
—
.
1901.
1900.
$21,4H5.289 $19,361,370
1
to Sept.
I
Set l.arnlnat.
1901.
,
1900.
17,640,629
$7,462,910
8,700,000
8,208,606
1,786,000
1,749,620
6,488,189
6,770.013
885.131
5,119.406
1,195,167
1,119,51*
6,006,124
2.027.243
219,201
1,772.179
$
N. Y. Chic. * St. L.. .to Sept. 80..
Clev. Cln. Ch. & St. L.*to Oct. 81...
Peoria & Eastern *to Oct 31
I,. Erie & Western.. to June 80...
. .
Here we have striking testimony to the fact that
the companies which it is proposed to combine are by
no means weaklings. Collectively they form a system of mileage of no small extent and an aggregate
of earnings of no mean proportions.
They embrace
over 6,700 miles of road and their gross earnings in
for fixed
annual report.
.
400,010 or
a Including $45,094 Income from lnves ments.
c Including $127,054 miscellaneous income.
d Alter allowing for 4 per cent interest on the $4,000,000 income bonds on
which nothing has been paid.
The requirements
its
<
ail.
nil.
$2A*>04,704 110,463,272 $12,624,180
lars.
cept in
Michigan Central.
'anada Southern
ail.
22'02;S
to expenses) fell but a trifle short of 23
The
table,
showing the earnings
the current year as far as returns are available.
Pittsburg & Lake Erie furnishes no figures ex*
,
478,600 or
on com.
for
alt.
500.000 or 5*
970,626 or 3)^
°'
their latest fiscal
supplementary
ing
stack.
Surjitu
Paid.
13-46*
(3,462,656 or 7%
$6,658,430
740,520 or
(
44W
.8I0.6.J1
300,000 or 2%
^00*
300,852
I
250,000 or5?
( iiu 1st pr.5:*
17H.721 < on 2d pr. 2;;
220,000 or 2%
881,091
Ohargst,
$2,500,289
I
)
N.Y.Chlc.&St.l.. 1,357,815
C. C. C.
Amount
Equate
Nrt
EartUngs.
[Vol. LXXIII.
.
.
.
2,163,782
7^0,062
2.095,804
511,520
231,987
728.396
$45,482,304 $11,660,431 $l:;,278,«60 $18,071,506
•From July
1.
In the gross earnings we have here a substantial
gain (not far from 4 million dollars) over the
amounts for the corresponding periods in 1900, but
the addition to the net is comparatively small, namely
$204,154, more than the whole amount being contributed by the Cleveland Cincinnati Chicago & St.
Louis.
remains to add that certain events of the future
seem likely to add to the revenues and surplus of
some of the companies. In the last report of the
Chicago & North "Western it was announced that that
company was building a line to Peoria which it was
expected to have in operation before the close of the
current calendar year. At Peoria this line will connect with the Peoria division of the Big Four and
with the Lake Erie & Western, and in the course of
time it ought to be possible to build up a through
business via Peoria to the benefit of the roads
It
named.
Another source of gain to some of the companies is
found in the possibility of refunding maturing obligations at lower rates of interest.
The Michigan
Central has just renewed a 5 per cent divisional lien
of the Jackson Lansing & Saginnaw at 3£ per cent,
and it has $8,000,000 of 7 per cent bonds, $2,000,000
of 5 per cents and $274,000 of 8 per cents, all falling
due the 1st of next May. It also has certain other
amounts maturing at subsequent dates. Taking all
the bonds which mature before 1910, and assuming
them replaced by 3£ per cents, there would be a saving
of $407,803 per annum, equal to full 2 per cent on
the $18,738,000 of Michigan Central stock. The
Canada Southern 5 per cent 1st mortgage for $14,000,000 will fall due January 1 1908. If renewed at 3£
per cent, the saving would be $210,000 per annum,
equal to nearly 1£ per cent on the $15,000,000 of
Canada Southern stock.
It is not generally known that the New York Central itself has 24 million dollars of 6 and 7 per cent
bonds maturing January 1 1903 and, including these,
over 38 millions of bonds falling due in or before 1905,
on which the saving, if refunded at 3£ per cent, will
be $908,012 per annum. In this we have reference
dends are paid, and but two on which no dividends
were earned in the latest fiscal years. Of course the
income of the different companies varies widely, the
two with largest surpluses being the Lake Shore and
Mr. Ingall's Big Four. The Lake Shore earned for
the stock $6,658,430, or 13*46 per cent, and distributed only $3,462,655, or 7 per cent; the Cleveland
Cincinnati Chicago & St. Louis earned $2,332,542,
and distributed $1,479,626 (5 per cent on the preferred shares and 3£ per cent on the common); the
latter amount would be increased to $1,619,573 if the
dividend on the common stock were taken at 4 per only to the New York Central's own bonds. The Boscent, the rate now paid.
The aggregate amount paid ton & Albany has a $3,858,000 issue of 5 per cents
out in dividends by all the companies in their latest which falls due next April, and the Syracuse Geneva &
Corning has $417,000 of 7 per cents maturing in Novfiscal years was $7,335,401, while the amount available for distribution, as we have seen, was $12,624,180, ember 1905 and $600,000 of 5 per cents maturing in
The following table shows the bonds which fall
less some $500,000 to $600,000 received by the Lake 1909.
Shore as dividends on its holdings of the stocks of due before 1909 on the Central itself and on the sevthe other companies.
eral properties west of Buffalo.
One
further item of information seems necessary
with reference to the earnings of these properties. As
stated above, the figures given cover in the case of all
but two of the companies the calendar year 1900. To
bring the results down to date, we give the follow-
When
Lake Shore & Michigan, South.—
Lake Shore Consol. 2d mortgage
Detroit Monroe & Toledo
Maturing.
Dec. 1, 1903
Aug, 1,1906
Amount
Present
Bate. Outstand'g.
7
$6,481,000
7
924,000
$7,405,000
SavlDg per
annum
if
refunded
at 314%
$259,175
November
THE CHRONICLE
30, 1901.]
Amount
ir/iiii
Ma' ui
i
Central consol. 1st inert.
.Mu'tilf.-iiii
"
May
May
in
Hah
.;.
lHOU
6
July 10, 10o7
Bapt.1,1909
7
Detroit A
May
May
A Northern
I
1,
Sept.
>
bridge
$8/03,00J
6
1901*
1,1808
1,1803
1.
1,500,000
.'.
»J,J
271,000
B
8
t il
Saving
;•
.inn um lfTrefundeii;at 9^it
i
Canada Southern
Saving/I.
/
mortgage
1*1
mmum
if
Ji
...
Jan.
l,
ioos
tu, 000,000
5
refunded at'sm.
I^u.oou
Cleveland CtoolnhatCOhloago .v Bt. L.—
Olnolnnatl Lafayette & Chloago 1st at....
Cincinnati ABprlngfleld Sd mortgage
Ool. Springfield ft Cincinnati 1st mtge
Mitt* of
null
.
7
I,
Indiana lnt nit»!e
.mil River Valley lit mortCMM
Jitckmni Lansing ft SaKlmiw consul
Jollet
'_'
I
Comiami.s AMD BTtTBMg—
attdrrbitt interests dominant —
Chicago A North Western Ry
Chicago 8t. Paul Minneapolis &Oimih.i K>
Cleveland Cincinnati Chicago ,V St. Louis H,
Other lines
&Bt.
•
:
annum
if
7
*702.ooo
125,000
78.000
7
7
refunded at i%.
Winn
Debt
11.
Kit. 1st
Jan.
mortgage
1,
ieos
May 1, 1906
Sept.1,1904
Bept.1,1801
June 1,1605
certificates
Debentures ism
Debentures 1889
Debentures 1890
Amaitnt
OuttU
Prtsrnt
Maturing.
.v.
ceiil-i.
Rate.
7
annum
if
refunded at
314 percent..
i.697,000
4
6,844,000
" Canada Southern
" Cleve. Clnn. Chicago
$908,012
$259,175
407,80 3
210,000
29,850
& St. Louis
s90
447
16.909
19.378
Notk.— Rutland RR, 357 miles, has also coma largely under Van
W. Seward Webb and E. W. W, Rosslter being direct'
bllt lnlluenoe,
shown of toward 2,500 miles, say
four and a- half years, can scarcely be
increase here
thought remarkable for roads covering the territory
Moreover, of
served by the Vanderbilt companies.
notice, namely, the
649,000
" Michigan Centra]
IS
Lake Erie & Western and the
Cincinnati Northern purchases of control and the
8,862,500
5
6
annum on Lake Shore
35u
this increase only three additions attracted particular
RECAPITULATION.
Saving per
7,045
1,578
2,287
6,7:5,7fll
4
..
6,439
1,492
1,194
33 j
»18,337,000
\
*98.1>-!>,2.'.i
Saving per
i\.
L.)
15 per cent, in
Already refunded, but replaced by 12,000,000 new bond a (3X per
Have been taken up by the Issue of 1 per cents.
H.Y.C.
...
Total
sept.i.iooit
Ian. 1. 1903
Bept. 1,19014
Be
1897.
Total
10,909
Principal other lints aeguirtd since Jim., 1897—
Lake Erie <k Western RR (OODtrol purchased In 1899)
Cincinnati Northern Ry. (purchased in 1901 by C. O. C.
The
Savins ptr
1137
iease of the
Boston
&
Albany, the latter road being
only 400 miles long, but enabling the system to reach
We
thus see that although the
acquisitions of outside lines were mostly unnoteworthy,
the process of transforming the roads previously more
tidewater at Boston.
known
Vanderbilt properties into
one homogeneous body has made marked progress.
Saving ptr annum on New York Central & Hndson River
By lease, as in the case of the Baech Creek and the
GrandTotal
$1,814,810
Fall Brook and by acquisition of stock, as was true
The salient fact in the foregoiDg is that on the Lake
of the Lake Shore and the Michigan Central, the
Shore, the Michigan Central, the Big Four and the Cancontrol of the leading lines of the system east of the
ada Southern combined the refunding of bonds preMississippi have to a very large extent been brought
sents the probability of a saving of $906,828 per
under the direct and permanent control of the New
annum and the refunding of New York Central issues
York Central in a way to add greatly to the inherent
a further saving of $908,012, making $1,814,840 tostrength of the system. Additional steps in the same
gether. It will be seen, therefore, that whether or not
direction are reported in contemplation, an article on
there is to be a unification of the different lines, both
Furthermore,
the subject being on another page.
the New York Central itself and the other companies
friendly relations, amounting almost to an alliance,
hold independently strong positions on their merits.
have been established with the Pennsylvania Railroad
Company, contributing to the welfare of both propor less vaguely
as
$906,828
f 03,012
CONSOLIDATION AND ALLIANCE OF
RAILROAD INTERESTS.
erties.
Indeed the phenomenal expansion of the Pennsylvania system the last year or two, contrasting strong[Article II.]
ly with the moderate development of the Vanderbilt
In a previous article we remarked on some of the lines, is understood to
have been undertaken only
circumstances rendering imperative such consolida- after it had received approval, if not actual encourtionsandalliancesof railroad interests as have recently agement,
from the managers of the New York Cenbeen observed, and noted the various forms the unify- tral. This
belief is supported by the fact that while
ing process has assumed. To-day it will be interest- the
virtual control of the Chesapeake & Ohio has long
ing to consider the growth of large systems and been vested
in the friends of the Central, the Pennsylgroups of roads during the five years beginning Janu- vania has apparently since its purchase of an interest
ary 1st 1897, or about the time when the late reorgan- in
the Chesapeake & Ohio exercised the chief voice in
ization period began to draw to a close.
the direction of its affairs. The growth of the PennTurning first to the Vanderbilt lines, it will no sylvania group is disclosed by the following:
doubt surprise some who know the resourceful spirit
PENNSYLVANIA GRODI'
— Miles of Road-*
displayed in reference to that system by the present
members
of the Vanderbilt family, as well as by their
predecessors, to learn that the expansion in the mile
age of their allied lines has, compared with the growth
of some other neighboring groups, been relatively
small in the years under review. That such is the
fact
is
apparent, however, from the followiDg tables:
VANDBEBILT LINES.
,-Miles of Road.—,
1901.
Companies and Systems—
1897.
1. OonirolledbyN. T. Central <k Hudson River RR. Co.—
New York Central System
2,395
FaUBrookRy
Beech Creek and Wallklll Valley roads
Boston & Albany RR. (leased In 1900)
Lake Shore & Michigan Southern By
Michigan Central (inoludlng Canada Southern)
New York Ohloago & St. Louis RB
239
182
]
1897.
Systems and Companies in>\%97—
Pennsylvania RR. (lines east of Pittsburg and Erie).. 4,302 )
259
Allegheny Valley RR
Western New York & Penn. RR. (purchased in 1900)
r
Long Island RR. (control purchased in 1900)
Cleveland Akron & Columbus Ry. (acquired In 1899)
J
4,416
Other lines east and west of Pittsburg and Erie
1901
j
Total
Principal Acquisitions since
8,977
5,789
4,654
10,443
1897—
Baltimore & Ohio RB. (virtual control purch. in 1901)
Cleveland Lorain & Wheeling BB
Ohio River RR. lines
Norfolk & Western Ry. (large Inter, acquired in 1900)
Chesapeake & Ohio Ry. (large Inter. iacquired In 1901)
3,663
192
270
....
1,567
y 1,562
8.977
17,697
[
Total
'
[
J
1,440
1,642
1,411
1,635
513
613
y Vanderbilt and Pennsylvania interests together own a controlling
but the latter oompany, It is understood, is permitted to direct the management.
interest,
THR (HRONICLK.
1138
From
8,977 miles in January 1897
tne total
mile-
[Vol. LXXIII.
for these lines
age of all the roads in the Pennsylvania group has time only can
risen, it will be seen, nearly 100 per cent, namely, to
nearly
17,700 miles,
the leading
acquisitions
in-
being drawn into the amalgamation)
The Gould-Rockefeller roads follow
tell.
GOU/.D ROCKEFELLER GBOUI-.
—Miles of Road.—.
Lines controllcd'fiy Onut<ISar/r. interests—
MiHsonr! Paoiflo and Iron Mountain
International & Great Northern Ry
1897.
5,325
cluding actual control in the case of the Western New
York & Pennsylvania, Long Island, Cleveland Akron Wabaeh RR
Ht. Louis Southwestern Ry
& Columbus, and a large if not a controlling interest Texas & Paoiflo Ry
in the case of the Baltimore & Ohio, Norfolk & West
Total
Rockefellers Interested since Jan., 1897.
era and Chesapeake & Ohio. The steadying effect on
Missouri Kansas & Texas Ry
the traffic situation arising from this concentration in
Acquired in 1901.
the control of the Eastern trunk lines is too well un- Denver & Rio Grande RR. (Missouri Paciflo
825
891
1,979
1,223
1,606
a 2,367
10,858
11,495
The
alliance of
holds a
is
one of
the most significant results of the legislation against
pooling. Mr. Morgan's firm, it will be remembered,
reorganized and thus came into control through vot
ing trusts or otherwise of a number of great railroad
corporations,
among them
the Northern Pacific. Sub
sequently Mr. Hill became a director in the Northern
Pacific, he and his friends having purchased a large
block of stock in the company.
Later chiefly,
it is understood, because of his belief in the possibilities of the property, Mr. Hill became a stockholder
and director in the Erie. Subsequently came the
joint purchase of the Chicago Burlington & Quincy
by the Northern Pacific and the Great Northern, and
the series of events leading to the formation of the
$400,000,000 Northern Securities (stock-holding) Company, in which the Harriman-Kuhn, Loeb syndicate
has a minority interest.
Bearing in mind that Mr. Morgan has under his
control roads in which Mr. Hill has no concern, we
may state the Hill-Morgan lines as follows:
MORGAN-HILL, JOINT AND SEPARATE INTERESTS.
r-MUes of Road.—.
Joint Interests—
Northern Pacific Ry
Great Northern Ry. (4,559 miles in 1897)
Chicago Burlington & Quincy (acquired in 1901)
Erie
RR
Lehigh Valley RR
Mr. Morgan's Roads—
Reading Company
Central RR. of New Jersey (acquired in 1901)
Hocking Valley Ry
Toledo & Ohio Central and Kanawha & Miohigan
Chicago Indianapolis & Louisville Ry
Southern Ry
Central Ry. of Georgia, Alabama Great 80., eto
Total of
all
1,722
Rio Grande Western Ry. (virtually absorbed by D.
the Morgan-Hill interests
1897.
4,523
1901.
5,649
5,244
2.168
2,155
8,171
2,554
2,178
1,158
1,454
680
346
594
546
4,827
2,502
7,685
2,942
17,328
38,043
<fe
628
465
145
R. G.)
Wheeling
Omaha &
&
St.
Total of
a
Lake Erie
1,293
1,619
2,480
large block of stock)
derstood to require even passing notice.
1901.
5,325
RR
Louis RR. (purchased by Wabash)
10,858
all
16,935
Includes 270 miles of trackage Into Buffalo.
Inclnding tentatively in 1901 the Missouri Kansas
& Texas, though it is far from certain that close relations with that property are contemplated, the
group shows an|increase of about 55 per cent since 1896.
Unquestionably the moBt important event in the
railroad world during the period under consideration was the somewhat sudden appearance of
the
Harriman-Kuhn,
the
Loeb syndicate
as
controlling voice
in the railroad systems
covering a vast extent of territory.
Nothing indeed
has equaled it in its bearing on the welfare and history of railroad enterprises in this country since Mr.
Morgan's firm a few years earlier undertook similar
responsibility with reference to a large portion of our
railroad mileage.
The Illinois Central may be said to
have been the nucleus of the group, Mr. Harriman
having long been largely interested in that road; but
recently the syndicate named purchased and placed
in trust to secure an issue of bonds (of the Railroad
Securities
Company) eight
millions of the Illinois
thus strengthening their hold on the
property.
Like Messrs. J. P. Morgan & Co. the syndicate gained its wide influence in railroad circles
through the successful reorganization of existing propCentral stock,
and
management. Trie dismembered and greatly involved Union Pacific was
placed on its feet, freed from GDvernment interference,^ branches largely restored to it, and its importance immensely enhanced by the addition of the
erties
their subsequent
Comparing the lines in Mr. Morgan's control in 1897 lines of the Southern Pacific. The Chicago & Alton
with the joint and separate interests of both Mr. Mor- was bought and its finances readjusted through the
gan and Mr. Hill in 1901, and neglecting the Union medium of a new company, and the Kansas City PittsPacific interest, we arrive at an increase in the mile- burg & ^Gulf was reorganized as the Kansas City
Southern. The large interest in the Northern Pacific
age of the associated lines of about 120 per cent.
From what precedes it will be seen that the mentioned above was likewise acquired. Omitting
Vanderbilt policy has favored the strengthening the last named company, also the Northern Seand rendering compact of the lines already controlled, curities Company and the Chicago Burlington &
with only moderate additions; that the Pennsylvania Quincy covered by the recent settlement, the lines in
has sought to bring the minor eastern trunk lines into which the control of the syndicate through voting
harmonious relations through purchasas of portions of trust or otherwise are paramount are as follows, their
mileage being shown as it stands to-day and as it was
their stock, and that the Morgan-Hill interests have
at-
tempted to do much the same for the lines of the North, in 1897, before the
syndicate's control
was estab-
west section of the country.
The Gould-Rockefeller lished.
8T8TE1I8 UNDER CONTROL OF H'ARRIMAN-KUHN, LOEB SYNDICATE.
interests, on the other hand, have been reaching out
Dale
Acquired. —Miles of Road.—
both east and west, their recent acquisitions and plans
Name Company.
1897.
1901
carrying the allied lines west from Pueblo and Denver to Union Pacific RRof
1897
4,460)
_ o,7!>o
Oregon RR. & Navigation Co
1,063 (
Ogden and ea3t from Toledo to Pittsburg. At the
Southern Paoiflo 8 y stem
1901
8,628
9,444
same time plans are reported to be under considera- Chicago & Alton Ry
918
843
189S
Illinois Central RR
5,356
4,393
tion for a more or less general consolidation, at least Kansas City Southern Ry
873
1900
769
of their lines west of the Mississippi River.
Whether
Total
22,347
20,156
the Rockefeller holdings in the Missouri Kansas &
Here are systems with mileage aggregating in excess
Texas and the purchases rumored from time to time of 22,000 miles that in four years' time have been
as made in the Colorado Southern will be the occasion brought
under the management of a single syndicate,
November
30,
THE CHRONICLE.
1901.]
and this total takea no account
Northern Pacific or of the close
of the investment in
relations sustained by
1139
An erroneous impression has been quite prevalent that during the greater part of the year the rrlation between the
cast of cotton and the prices realized for print c!>ths had
been such that operations have netted an absolute loss. That
goods have at times been sold below the cost of production
the syndicate with the Gould-Kockefeller interests.
For lack of space we are unable to follow the growth
of several systems smaller in size than the foregoing, is undoubtedly true, but for the greater part of
the year
but nevertheless of no inconsiderable importance, such there has been some margin of profit, meagre as it may have
as the Frisco Pierce group and the Seaboard Air Line been at certain periods. In January, when cotton ruled
Ry. We merely give in this recapitulation of the com- 2 cents per lb. higher than at present, and from late
May to the close of the first week of September, when regubinations more specifically described above the aggrelar 04x04 print cloths changed hands at
its per
gate mileage of several other principal systems:
yard, loss was certainly incurred. But during a good part
RECAPITULATION, INCH DISC, OTUKR LARGE SYSTEMS.
— Milts of Road,-* of other months some profit was secured, although only i-ince
about the middle of September has it been much more than
1897.
1901.
System and Groups—
.
Vanderuilt lines
Pennsylvania group
Morgan-Hill, Joint and separate interests
Gould- Rockefeller group (mostly the former)
Ilarriiuan-Kuhn-Loeb group
Frisoo-l'lerce group, comprising—
8t. Louis i San Franolsoo RR. system
Mexican Central
Atchison Topeka & Santa Fe Ry
Chioago Milwaukee & St. Paul Uy
Chicago Rook Island ct Paoino Ry
Burlington Cedar Rapids & Northern
& Naehv. Rlt. (inol. Nash. Chat. &
& Maine RK
New York New Haven & Hartford RR
Louisville
Boston
Seaboard Air Line Ry
Plant System
Atlantlo Coast Line
Pere Marquette
St. L.)
1G.909
8.977
17,32s
10,858
20,156
18.041
17,697
38,o
18,93
22,347
1,162
1,958
6.47J
6,143
3,571
1,136
5.023
2,786
1,992
3.191
2,523
7,810
6,596
3,819
1.287
928
1,941
I,6i0
I
•
5,3
1
3,259
2.037
2,600
2,178
2,192
1,821
nominal.
Passing again to a consideration of the extent to which
stockholders have benefited from the operations of the
mills, we find the fourth quarter's distribution to have
been but little better than that for the third, and consequently much less satisfactory than for the similar period of
1900. Twenty-eight of the thirty- five corporations included
in our statement have declared dividends during the last
quarter averaging 1*24 per cent on the capital invested,
against 1-84 per cent in 1900, 2'40 per cent in 1899, 1*09 per
cent in 1898 and 0-89 per cent in 1897. The details for the
fourth quarter in 1901 and 1900 are as follows:
1901
108,990
Total
If, as is
Dividends 1901. Dividends 1900. Increase
Fourth quarter.
and
Capital.
1900.
P. C.
157,700
believed, the railroad mileage of the country
time aggregates in the neighborhood of
200,000 miles, about three-fourths of it, as is seen
from the foregoing table, is included in the above
named sixteen systems or groups of associated roads
There is reason to believe that before many months
have passed the mileage may be in still fewer hands.
at the present
$800,000
450,000
400,000
495,000
Harnaby Manufact'g Co...
Barnard Manufact'g Co...
Border City Man'f 'g Co..
Bourne Mills
1,000,000
400,000
750,000
120,000
400,000
400,000
580,000
1,000,000
Cornell Mills
Davol Mills
Flint Mills
FALL RIVER MILL DIVIDENDS IN
1901.
Co..
Oshorn Mills
Parker Mill
Pocasset Manufact'g Co.
Richard Borden M'f 'g Co
Although the cotton-manufacturing industry at Fall River
has not returned during 1901 as satisfactory financial results
as those for the preceding year, the shareholders have re- Shove Mills
Mills
ceived on the whole larger dividends than in a number of Slade
Stafford Mills
seasons prior to 1899. A few mills least favorably situated Stevens Manufactur'g Co.
Tecumseh Mills
have made no distribution whatever, the remainder as a rule Troy Cot. & W. Mfg. Co..
Union Cotton M'f'gCo...
have paid out smaller amounts than in 1900, and yet the
average dividend for the thirty-five corporations reporting
has been 5 53 per cent. This result does not of course compare
very well with last year's average of b 83 per cent— is a little
smaller than the 1899 average bnt is much better than the 2*41
per cent returned in 1898 or 3 39 per cent received in 1897.
We have referred so often in detail during the year to the
various developments at Fall River that it would seem
hardly necessary or expedient to go very deeply into the sub
ject again. At the same time a brief recital of facts is not
out of place at this juncture. Slow trade in print cloths at
the opening of the year brought about discussion of curtailment, and before the close of March that expedient for re_
lieving the situation had been quite generally agreed upon^
went into effect, and a considerable reduction of production
resulted during April and early May. But no improvement
being apparent as a result of this measure, the wisdom of
further curtailment or a cut in wages was considered. Be
fore any definite conclusion had been reached the market improved, and large sales of cloth in June caused the subject
to be dropped for tne time being. In August, however, unremunerative prices again brought to the surface the proposition to reduce wages, but Mr. Borden, by absorbing a fairly
large block of print cloths and bidding for further supplies,
brought about a marked advanoa in quotations. This change
in the situation did not immediately cause a withdrawal of
the wage-reduction idea; but subsequently, when Mr. Borden
increased by 5 per cent on two occasions the compensation of
his operatives, its discussion was abandoned. In fact, the
hands in the mills controlled by the Manufacturers' Asso.
ciation made demands for a 10-per-cent increase, and threat
ened to strike unless it was granted. The mills refused to
grant the advance, and lack of concurrence among the operatives prevented a strike. Mr. Borden subsequentry placed his
mills upon the old schedule without causing any disturbance.
—
2l.0Bl.000
*
On
C.
Amount. Deer east
$8,000
IK '$12,000
0,760
6,750
IK
e.coo ..No dividend.
Ik
1
2
4,950
9,900
16,000
2
20,000
1*
10,000
3
12,000
2H
ik
11,250
11.250
2
2.400
2,4
I*
6,000
7
88,000
8,00'
IH
6,000
2
Ik
8,700
2
11.600
20,000
IK
15,000
2
12,000
12,000
lk
IK
15,000
15.000
Ik
lk
1
3,000
4,500
lk
1
11.250
7,500
IK
12.000
12.000
IX
lk
2,8-0
..No dividend.
1
l
4.0110
2
8,000
..No dividend.
12,000
2
2
16,000
12,000
1H
9,000
9,000
IK
Ik
12,000
16,000
2
1H
No dividend.
1,170
2*
I8,ooo
18,000
2
9.000
1
6,000
8.250
..No dividend.
18
-$1,000
Ik
m
1
800,000
1,000,000
800,000
750,000
800,000
288,000
400.000
750,000
800,000
800,000
800,000
7S.000
900,000
600,000
550,000
200,000 ..No dividend. ..No dividend.
20,000
2
1,000,000 ..No dividend.
7,0oo
2
2
7,000
350,000
6.001
1
7.500
500,000
5*
12,000
15,000
300,000
4
18.000
2
24.000
1,200,000
lit
IV*
750,000 ..No dividend.
11,260
8,260
1
5,600
550,000
Ik
Merchants' Manufac'g Co.
Metacomet Man'f 'g
Amount. P.
1
1-24
$262,050 • I'M
+8.000
—4,960
-5,000
—2,000
—22,000
—2,000
—2.W00
—5.000
'—1,506
—3,760
-2.88J
—1,000
—12,000
-t-l.OoO
"4,066
—1.170
—3.000
—S.250
—20,000
—2,500
—3.000
—d.OOO
-i 1.250
—2.750
$385,050 -12S.900
capital of;$20,958.500.
Combining the foregoing results with those for the nine
months (published in the Chronicle Aug. 31, page 453), we
have the following exhibit for the full year. It is seen that
on a capitalization of $21,061,000 the mills have paid out in
dividends $1,164,095 in the present year, or an average of 5'53
per cent, against $1,855,540, or 8*85 per cent, in 1900. In 1899
the average dividend was 5 '99 per cent, in 1898 it was 2"41
per cent and in 1897 it reached 3'39 per cent.
Dividends 1901. Divid ends 1900. Increase
Years
1901
Cornell Mills
Davol Mills
1,000.000
1,000,000
800,000
1,000,000
Hargraves Mills
King Philip Mills
Laurel Lake Mills
Merchants' Manuf'g Co..
Metacomet Manuf'g Co..
Osborn Mills
Parker Mill
Richard Borden Mfg. Co.
.
.
Shove Mills
Made Mills
Stafford Mills
Stevens Manufactur'g Co.
Tecumseh Mills
Troy Cot. A W. Mfg. Co..
Union Cotton Man'f 'g Co
Totals
$800,000
450,000
400,000
495,000
400,000
750,000
120,000
400,000
400,000
580,000
Chace Mills
Weetamoe Mills
Amount.
P. V.
Amount. Decrease
5
$40,' Oo
27,010
0^
4k
$52,000 -$12,000
6
4k
5k
6k
6*
13.001
3
27,22)
65.OO0
30.000
45,000
8
8
P. O.
Barnaby Manufact'g Co...
Barnard Manufact'g Co_.
Border City Manuf'gCo..
Kobeson Mills
Sagamore Man u t'g Co
or
Capital.
and 1900.
8
6k
?k
6
8
26.000
26.000
40,600
75,000
48.000
Oo.OOO
13,500
37,500
13
6
300,000
*k
5
750,000
88,1 0i
4
800,000
288.000 ..No dividend.
28,000
400.000
Mi
26,250
760.000
hi.Ojo
600.000
36,00(1
600.000
6
62,0u.'
800.000
*k
1,170
78,000
Ik
54,000
a
900,000
SO.OOO
600,000
5
H.250
550,000
200,000 ..No dividend.
80,000
1
1,000,000
28.000
350,000
8
26.00"
6
500,000
61,000
300,000 17
78,000
1,200,000
«k
is. 750
750,000
2s
10.2,0
550,000
3k
m
$21,001,000
12
6
HMO0
20,2.50
12.00.
30,00
80.000
48,000
40,000
9.600
1
82.000
46,400
8
80. 0011
6
48.00"
60.000
18,800
45.000
6
6
6
6
a
+6,000
-li.S5
-16.000
-18,000
62,<
8
8
+•^.750
4
8,001
6.760
s
61,000
a*
-6.000
—5,800
-5.000
—4,500
-7.500
—16.000
-5.7d0
-10.000
-24. 750
-T-16.W0
86.000
72.001
6
7
29«
No
-
4.(1-0
—20,000
-3.S10
81.000 -27,0c
42.000 -12.000
162.25 -164,000
dividend.
80,000
— 50,0u0
8
25
7
6
37,500 -12.600
81,000 -30,000
278.000 -1W6.000
33,000
-33,250
-13,750
5-53 ll.lA4.rHt5 •8-8S |1.MKft 640 —Hoi 446
Excluding extra dividends, wnich were j percent on Cornell. 2o percent
on Shove, 6 on Troy and 15 ou Union stock, the average dividend was 7 Id per
cent.
THE CHRONICLE.
1140
indioatea that two corporations— the Meta
Slade Mills—have declared do dividends
Mfg.
Co.
and
comet
thirty
two mills all but three have paid out
Of the remaining
less than a year ago, and in some cases the decrease in heavy.
To furnish a more comprehensive comparison, ,we have compiled the following, which embraces the years back to 1886:
The foregoing
Companies.
,
Number,
35
35
34
34
37
37
36
35
35
34
33
33
33
33
33
33
Tears.
1901
1900
1899
1898
1897
1896
1895
1894
1893
1892
1891
1890
1889
1888
1887
1886
Dividends.
.
Amount.
Capital.
P.
<:.
5-53
$1,164,095
1,855,540
1,201,327
467,700
772,700
1.385,675
1,772,925
1,123.000
1,706,310
1,492,260
914,850
1,420,870
1,850,700
1,696,040
1,427,990
1,047,550
$21,061,000
20,958.500
20,058,500
19,408,000
22,793,000
22,628,000
21,828,000
21,478,000
21,278,000
19,858,000
18,558,000
18,658,000
18.558,000
17,608,000
17,204,700
16,116,200
885
599
2-41
339
6*12
812
5-25
8"02
7'52
493
7-62
9*97
963
8-30
6*50
As showing the relation this year's dividends in the case of
individual mills bear to those for a series of years, we have
prepared the following, which embraces eighteen of the
leading corporations. The intention is to compare^this year's
ratio with the average rate per cent for the previous nine
years.
Average
years
Anxer. Linen
1901. 1900. 1899. 1898. 1897. 1898. 1895. 1894. 1893. 1892. '92-'00.
i
1
7
6^ i)i 1
7% 1\i 4 5-9
Co.... 6
1\i
Barnaby Mfg. Co.. i\i
Border C'y Mfg.Co. 6>$
6
Chace Mills
8
8
1\i
6
8
6
Laurel Lake Mills. i%
Mechanics' Mills... 5
Merchants' Mfg.Co i
Narragansett Mills f>M
6
6
6
8
Osborn Mills
Sli
R. Borden Mfg. Co. 6\4
Bagamore Mfg. Co. 6
8}4
9
Stafford Mills
8
Tecumseh
TroyC.&W.Mfg.Col7
7%
Granite Mills
King Philip
Mills.
3
Mills... 5
9
27
6
1«
914
3M
4
7
17*
7
14
6^
6
6
9
1
%%
6
t^
6
7
6
6
6
10
6
7
61-9
5^
6
5«
7J^
6X
i)4
7
6^
3
1%
6
7
8
9
7
4 8-9
4 8-9
6!^
7
5
1\b
5
7
7
7
5
5
8
7
25
4
....
5
....
1
....
3
%
5
5
....
5
4
1M
5%
3
3
....
14
6
18
8
3J^
2
6
8
6
7^
3M
lii
1
4
11
1
6
.4
15
6H
25
8
6\4
28
12
T&
16
8 5-8
Co...
bank will expire in about
one year from this date, and your directors believe this to
be a favorable time to place the bank in liquidation and convert its assets into cash." A meeting of the National Shawmut's stockhold^s will be held en December 26 to consider
an inert ase in the stock from $3,000,000 to §3,500,000. When
states that "the charter of this
authorized, this increased capitalization will be c ffered to the
present stockholders of the Third National, each holder of
two shares of the latter to have the right to subscribe for one
share of the National Shawmut at |200 per share. If the
consolidation goes into effect, President Francis B. Sears of
the Third National will become a Vice-President of the
National Shawmut. Vice-President George W. Grant will
also beoome an officer, while some of the directors will be
given a place on the board of the National Shawrnu\
The stockholders of the National Bank of the Commonwealth, which was taken over on the 20th inst. by the National Shawmut, will meet on December 24 to approve the
liquidation.
—
Under the name of the Union National Bank, three of
Lowell's (Mass.) largest financial institutions will consolidate.
The Comptroller of the Currency has already approved the
application of the new bank. It will have a capital of $350,000 and surplus of $175,f 00. The banks to be merged in the
Union National are the Railroad National, organized in 1831,
and whose present capital is $400,000; the First National,
chartered in 1864, and capitalized at $250,000, and the Merchants' National, also in operation since 1864, and with a
capital of $400,000. The stockholders of the banks interested
view to arranging the plan
Mr. Arthur G.
will hold meetings shortly with a
5 5-9
6
5 2-8
.8
7
3^
7
(f
6}4
10
7
7 6-9
7
12
7J^
7
8M
Pollard, President of the Merchants' National, is expected to
hold the same position with the Union National. The
Cashier, it is understood, will be Mr. John F. Sawyer, now
Cashier of the First National, while Mr. Arthur G. Pease will
probably be Assistant Cashier.
—
Messrs. Jones, Caeear & Company, accountants of New
York and Chicago, have established a St. Louis office in the
17
20
13
Stock Exchange Building, 314 North 4th Street. Mr. Edward
9
12
12
6-9
Stanley, recently Assistant Manager of the company, has
cases the average been appointed Resident Manager of the St. Louis house.
6
1\i
5 5-9
19 1-8
11
7613786755
The transactions
in trust company stocks reach a
Twenty-five shares of the Third National Bank, which went into voluntary liquidation in May
124
In explanation of the present
for liquidating prior to the consolidation.
— The auction sales of bank stocks this week aggregate 314
total of
Saturday.
5 2-3
ITEMS ABOUT BANKS, BANKERS AND TRUST COS.
shares.
last
circular to the stockholders of the Third National
7
11
0% 26
8« 6
6^ 9
Wampanoag Mills. 2^
It will be observed that in a majority of
rate of distribution this year is below the average for the
previous nine years, but it is in only two or three instances,
however, that the falling off is at all important.
Un. Cot. Mfg.
Ciikoniclk of
move the
[Vol. LXXIII.
shares.
—Group 1 of the Kansas State Bankers' Association ( which
comprises the counties in the Northeastern section of that
State) held its annual meeting at the Mercantile Club, Kansas City, Kan., on the 19th inst. A graceful welcome was
extended to the delegates in an address by Mr. Myron A.
Waterman, Cashier of the Citizens' State SaviDgs Bank of
Kansas City, Kan., in which he commended the association,
of bankers. Mr. G. W. McKnight, President of the First National Bank of Jnnction City, responded to this address, and
pointed out the fact that at no time in its history has the
banking business of Kansas been in a better condition and
on a sounder basis than it is to-day. The convention closed
with a dinner in the evening, at which an informal talk was
given by State Bank Commissioner Morton Albaugh.
were sold at 20. No sales of either bank or trust company stocks have been made at the Stock Exchange or in the
"curb" market.
Banks—New York.
Price.
Shares.
Last previous salt335 ia
200 Chatham National Bank
Nov. 1901— 330
—Mr. H. G. Barnum, who had been Cashier of the First
619-621
20 City Bank, National
Nov. 1901— 629
National Exchange Bank of Port Huron, has been appointed
34 East River National Bank.
1.553s
Oot 1901— 148
695i«-696
60 Hanover National Bank
Nov. 1901— 6961* President, thus filling the vacancy caused by the death of
Trust Companies— New Tork.
Former Assistant Cashier T. A.
Mr. James Goulden.
273^-276
60 Amerioa, Trust Co. of
Nov. 1901-27614
Goulden has been advanced to the cashiership, while Mr.
1,195-1,19518 Nov. 1901—1,201
52 Morton Trust Co
Gus Hill becomes the new Assistant Cashier.
12 N. Y. Life Ins. & Trust Co.... 1,350
May 1901-1,355
1897,
. . .
— Our remarks with reference to the need of lightening the
burdens of taxation in this oity have attracted attention on
the Pacific Coast. Mr. J. P. M. Richards, the President of
the Spokane & Eastern Trust Co., of Spokane, Washington,
writes us to eay that similar conditions existed in his city,
and that the Tax-Payers' League was organized, with the
result that the tax rate has been reduced this year from what
it would have been, 41 mills, to 35 mills, and it is hoped to do
better next year. The leaders of the reform movement in
New York City should apply themselves earnestly in the
effort to emulate this Western example.
If we may be permitted to say so, the matter is much more important than
the question of Sunday beer.
—The
stockholders of the Third National
Bank
of Boston
stockholders of the National Commercial Bank of
this city formally ratified the proposition to liquidate at the
meeting on the 15th inst., the step to take effect immediately.
This was done preparatory to the merging with the Broadway
National Bank, mention of which has previously been made
—The
in these columns.
—Asaleof stock of
pany, Chicago, was
—Colorado
the American Trust
made
last
week
&
Savings Com-
at 182.
a thriving State, and its banks are keeping
pace with its progress and advancement. While the First
National Bank of Denver enjoys the distinction of being
much
is
the largest institution in the State, several of the other
banks are also adding to their business in a marked degree.
As an indication of what is going on in that respect, we may
meet on December 23 to act on the proposition of con- refer to the returns of two of these banks. One is the Colosolidating with the National Shawmut, mentioned in the rado National Bank of Denver. This institution has a capiwill
November
30,
THE CHRONK LF
1901.
and surplus and undivided profits of $217,230.
record for the last three years is eet out in the follow
H. Lippincott. The|business will continue under the old
of Bioren & Co.
tal of 11500,000
Its
July 15 1901
Apr. 24 1901
Feb.
5 1901
Deo. 13 19«0
Sept. 5 1900
Juno29 1900
Apr. 26 1900
Feb. 13 1900
Deo. 2 1899
7 1899
June80l899
5 1899
4 1899
Apr.
Feb.
Deo.
Surplus
Bk.,
Denvih.
Sept30 1901
Sept.
name
—A recent statement
ing:
Colorado Nat.
1141
1 1898
Sept JO 1898
Gross
<t
Capital.
Profits.
$500,000
500.000
500,000
500,000
500,000
600,000
500.000
500,000
500,000
500,000
500,000
500,000
500,000
500.000
500,000
500,000
*217,23<i
Deposits.
218,300
205,154
214,792
221,722
202,563
214,838
212,332
215,695
217,301
203,494
203,882
204,913
213,102
206,736
205,259
$9, 344, 220
!>,182,152
9,190,162
8,927,334
8.912,938
0,364,045
8,682,070
8.505,530
8.390,194
8,758.361
8,514,883
8,481,593
7,246,338
7,225,286
7.P62.014
6,874,108
Aggregate
Buoureu.
$10,559,056
10.346,403
10,399,516
10,139,576
10,134,561
10,416,609
9,720,758
9,517,862
9,375,890
9.714,613
9,487,478
9,455,476
8,219,602
8,207,039
8,638,750
7,678,367
Thus while as in the case of banks elsewhere, the deposits
of the Colorado National have fluctuated more or less at the
various dates, the trend has been unmistakably upward, and
issued by the Colonial Trust ComWaterbury, Conn., haa just come to hand. The
report is interesting, not only on account of the good condition shown, but also because of the unique arrangement
adopted in the statement of the various items of assets and
liabilities, each item being accompanied by a short paragraph showing its nature and meaning of the term. Thus
the account of " Demand Loans" is followed by a paragraph
indicating just v hat a demand loan is and how it is secured.
The meaning of the terms " cash reserve," " quick assets,"
etc., are also given, enabling persons unfamiliar with banking
expressions to readily comprehend the statements. The total
resources of the company, according to this report, are
$1,609,407. The officers of the company are D. S. Plume,
President; J. H. Whittemore and G. M. Woodruff, VicePresidents, and L. N. Van Keuren, Secretary.
pany
of
— The Chicago Clearing Houee Association has
non-member banks which
bring
decided to
clear through
members
by passing a rule providing that they
the total now is $9,344,220, against but $6,874,108 three years
shall give statements of their condition when called upon by
ago, on September 20 1898. Aggregate resources stand at
the Clearing House Committee. Under the old arrangement
$10,559,056, against |7,678,367 at the earlier date. Charles
the committee was powerless during financial difficulties to
B. Kountze is President; Dennis Sheedy, Vice-President;
ascertain the condition of tbef-e banks, which aggregate
George B. Berger, Cashier, and William B. Berger and T. R,
forty-five, and it was urged that these should be subject to
Field, Assistant Cashiers.
the same rules in regard to examinations which govern the
The Denver National Bank of Denver likewise has ex- banks that are members. The rate charged by the Cleartended its business in a striking way. Within a year this ing House for clearing conveniences will he $150 a year for
bank has added a million dollars to its line of deposits, banks with a capital of $50,000 and $250 for all those with a
which now aggregate over 7}£ million dollars. We compare capital of over 550,000.
below the figures under the call of the Comptroller of the
— The Boston office of Messrs. Pfaelzer, Walker & Co. will,
Currency for September 30 1901 with the previous calls back
beginning on Monday, be located on the ground floor of the
under
its
jurisdiction
—
to 189S.
Denver National
Bank.
Capital.
Sept30H'0l
July 15
Apr. 24
Feb. 5
Deo. 13
8ept 5
June 29
Apr. 26
Feb. 13
Dec.
2
Sept.
7
June 30
Apr.
Feb.
Dec.
5
4
Surplus
Profits.
Gross
Aggregate
Deposits.
Resources.
<&
$500,000 $230,753 $7,295,546 $8,526,299
500,000
224,046
6,706,189
7,930,235
500,000
230,924
6,845,672
8,072,196
500.000
204,289
6,137,299
7,337.638
500,000
212,502
6,416,242
7,625,895
600,000
193,100
6,315,620
7,508,721
500,000
193,974
6,016,455
7,210,390
500,000
189,288
6,122,020
7,142,054
500,000
189,072
6,868,119
6,872.191
500,000
177,867
5,804,870
6,773,797
500,000
167,623
5,429,838
6,321,462
500,000
172.249
5,612,098
6,509,347
500,000
169,236
4,281,335
5,175,571
500.000
163.026
4,272,747
5,159,874
500,0f0
164,705
4,595,346
5,485,0"2
500,000
161,708
4,102,213
4,808,921
1901
1901
1901
1900
1900
1900
1^00
1900
1899
1899
1899
1899
1899
11898
Sept 20 1898
Tne foregoing statement gives prominence to the fact that
the amount of the deposits now at $7,295,546, contrasts with
only §4,102,213 in September 1898, and that aggregate re-
Devonshire Building, formerly occupied by the Beacon
Trust Company. The latter removes to the Sears BuildiDg,
where it takes the offices vacated by the Canadian
Pacific Railroad.
—The Bowling
ment
as
Green Trust Company has issued a stateof October 3 1901 which shows anjincrease in the
company
of about 2}4 million dollars inside
the 30th of June the total resources
amounted to $15,537,068; on October 1st they had grown to
$17,783,665. The deposits have increased from $10,174,542 to
Edwin Gould is President of this company,
$12,410,383.
Samuel Thomas and William H. Taylor are Vice-Presidents,
and John A. Hilton and William M. Laws are Treasurer and
Secretary respectively.
resources of the
of four months.
Oa
—Thomas H. Curtis has this week retired from the Stock
Exchange firm of I. F. Mead & Co., 44 Broadway, after ten
years' membership, and also from business, in which he has
been engaged for twenty- five years. The customers of that
house commemorated the event of retirement last (Friday)
sources amount to $8,526,299, against $4,808,921. In the same
evening by giving a dinner to Mr. Curtis at the New York
interval the item of surplus and profits has risen from $161,Yacht Club, and also presented him with a silver " loving
708 to $230,753. The officials gare: President, Joseph A.
cup " as a testimonial of their appreciation and esteem. The
Thatcher; First Vice-President, James B. Grant; Second
function was arranged by M. J. Pickering of M. S. PickerVice-President, D. Sullivan; Cashier, J. C. Mitchell, and Asing & Co., and among those who participated were Col. Allen
sistant Cashiers, Elward S. Irish and J. W. Hudston.
Bakewell of the Sprague Electric Co., Judge Allison, A. A.
—Mr. Hiram W. Plumb was this week chosen to fill the Sumner of the Tide Water Oil Co., Andrew Little of the old
position of President of the Merchants' National "Bank of
type-foundry firm of Farmer, Little & Co., T. R. Keator,
Syracuse, N. Y., made vacant by the death of George N.
Frank Hurd of George B. Hurd & Co., J. C. Noyes of J. H.
Kennedy. Mr. Charles A. Bridgman, former Assistant Winchester & Co. and M. Booande of the French line of
Cashier, was elected Cashier, succeeding Mr. Plumb,
steamers. The invited guests were I. F. Mead, Howard
—Edward
C. Hartshorn e and Beverley Bogert will, on
form a copartnership under the style of Hartshorne & Bogert, with offices at 25 Broad Street, for the purpose of dealing in railroad and corporation bonds and other
high-grade investment securities.
Mr. Hartshorne from
18i)3 to May 1 of this year was connected with N. W. Harris &
Co.. and since then has had charge of the bond department
December
2,
of H. B. Hollins
& Co.
Mr. Bogert for a number of years
investment department of the Bank of
Montreal, which position he resigned about two years ago to
assume charge of the bond department of Walker Bros, in
was
in charge of the
this city.
—The copartnership existing under the name of Messrs
Bioren & Co., of Philadelphia, having been terminated by
the death of Mr. Charles H. Bioren, a new partnership has
been entered into by the surviving members (John. S.
Bioren,
Edward
C. Dale, Heatly C. Dalles,)
and Mr. Walter
Mead and H. A. Tanner, of the firm. The speech in presentacup was made by Judge Allison, who was followed by Messrs. Keator and Pickering, to which addresses
Mr. Curtis feelingly responded. The cup, which is of silver,
tion of the
bore the figure of a bull on one side and of a bear on the
other— emblematical of the business of a well conducted
stock commission house — and the following inscription:
'•
Presented to
Thomas H.
Curtis as a token of appreciation
his friends November 30 1901."
— Lafayette Halsey, who for a number of years was Paying Teller of the Tradesmen's and later was employed iu the
National Bank of North America in New York, died in
and esteem by
Brooklyn on Thursday of last week, aged fifty-one.
report that the Chemical National Bank is about to increase its capital for the purpose of absorbing the National
Shoe & Leather Bank is denied by the officers of both institu-
—A
tions.
1142
THE CHRONICLE.
[Vol.
LXXIIL
in need of funds that the time of bringing
earlier than was at one time believed.
out a loan will be
Consequently the
French banks, it is thought, are already making prepara[From out own correspondent.]
tions for the issue. They see plainly enough that to take
much money from London all at once would disturb this
London, Saturday, November 16, 1901.
market, and therefore they are beginning in good season to
Lord Salisbury's optimistic speech at the Lord Mayor's
take moderate amounts,[so as to be prepared when the time
banquet on last Saturday evening, followed a few days later
comes.
by another in somewhat the same vein by the Secretary of
Meantime the India Council continues to sell its drafts
State for War gave a fillip to the stock markets, and on the,
well.
On Wednesday it offered for tender 60 lacs, and the
strength of the more hopeful tone of the two utterances variapplications exceeded 2,000 lacs, the prices offered ranging
had
the
Boers
were
circulated
effect
that
rumors
the
ous
to
from Is. 3 31 32d. to le. 4d. per rupee. The whole amount
lost heart and that many of them were surrendering in
offered was allotted.
Next week 60 lacs will again be
spite of the efforts of their leaders to keep them together.
offered.
There appears, however, to be no foundation for the rumors.
The following return shows the position of the Bank of
At all events, there is no official intelligence of the kind, and England,
the Bank rate of discount, the price of consols, 6tc,
there is nothing in the two speeches referred to to lead one
1901.
1900.
1899.
1808.
ever.
determined
as
to suppose that the Boers are not as
Nov. 13.
Nov. 14.
Nov. 15
Nov. 16.
In Paris a story is current to the effect that Dr. Leyds has
4
X
4
a
;ir<ralatlon
29.128.480
29,444,885
27,043.176
28.417,990
gone to Berlin in the hope of obtaining an interview with the Publio
deposit*
10,tt86,6Bl
0.764,212
8,960,246
6,804, 566
German Emperor, and through him to negotiate some kind of 3 tb er deposits
39.M46.448
39,344.495
39.658668
36,244.984
Sovernment
17.625.202
securities
9,904.640
18,946,174
14340990
the
compromise which would allow of a general surrender of
Other securities
27.610.126
26.779,44a
24,812,112
81.482.629
Boers. It is argued in Paris that Dr. Leyds would not have Reserve of notes an d ooln.
«0.248.f«5
23.275,904
20.1-82,813
22,196.987
& bullion, both departm'ts 34.924.S84 31,918.050 81,900.851 S2.4S9.U2
been allowed to go to Berlin and remain there so long unless Join
Prop, reserve to liabilities.. p. e. 46 16-10
419-10
48«
63J*
the Emperor hoped that he could bring about a settlement Bank rate
4
percent.
4
4
6
Consols,
16-16
91
11-16
percent
108
2J4
110M
»8H
in South Africa and that the settlement would not be hostile Mirer
2a 6-lHd.
29 11-ltfd.
Ma.
27>^d.
to England. In London, however, the rumors have now "Hearins-House returns. ..
200,695.000 198.000.000 181,481,000 176.6fc9.000
come to be discredited, and the recovery that had begun in
The rates for money have been as follows:
the stock markets has proceeded no farther. Indeed, there
has been a setback in several departments, accentuated by
Interett aUovitd
Open Market Bates.
for deposits bi
the decline of quotations in New York.
But in Paris the recovery is better sustained. Partly, no London.
Irade Bids. Joint Dis'tH't.
Bank Billt.
doubt, this is due to the large shipments of gold from New
Stock At 7-14
1 8 Mont hi. 4 Months. 6 Months. 3 Mot. 4 Mot. Banks Call Dan
York and to the satisfaction felt at the yielding of the Sultan
to all the French demands. There is still, however, some Oct. ID 3 2 6-lf @2^ V4®2H 2 15-16®3 2H®3
3®8H IM 1H IK
The
apprehension respecting the threatened coal strike.
"
i«
IM
2 13-10
26 3
8
3@3fc 3*@3H
3H
leader of the men is endeavoring to induce the Government Nov. 2 4
2k 2M
3%@8« 39i®i
4@4M
3H®3H
4
» 4
3«
8*
BM
2M
to bring in a bill for making the eight-hour day compulsory
SX@3X
"
2*
16 4 3 5-16@S34 3 6-l6@8^
3 7-16
2H
all over France, and he threatens that if the Government
does not give way the strike will take place. The public,
The Bank rate of discount and open market rates at the
however, does not attach so mncb importaoce to his menaces
as it did a little while ago. It is now believed that the lead- chief Continental cities have been as follows:
ing banks have made such complete preparation that even if
Oct 26.
a strike did take place it would not have the serious effects
Nov 15.
Nov. 1.
Not .8.
Rates of
that were feared a little time ago. Still everybody knows
Interest at
Bank Open Bank Open Bank Open Bank Open
that a great strike would disorganize business, and doubtleso
Rate. Market Rate. .Market Rate. Market Rate. Market
the great depression that prevails in Germany, Austria- Hungary, Russia, Berlin and other Continental countries im
8
3
3
3
3
1%
2H
4
3
presses upon bankers and operators alike the need fs r
4
3
4
3
4
2%
8
4
4
8
4
3
4
VA
caution.
4
3
4
4
3
4
3
In Germany nothing new has occurred this week. The
3
3
3
3
2%
WA
•m
slow liquidation is going on and is likely to continue for a
3
3
3
2^
2«
3
2H
considerable time. Distrust is general, and there are loud
4
4
4
4
4
4
SJ4
8M
complaints of a difficulty in disposing of manufactured
nom.
nom.
nom.
nom.
St. Petersburg..
5«
5*
°X
goods. At the same time the belief is general that the
4
4
4
4
Madrid
4
4
4
4
worst of the crisis is over. In Russia the crisis is as great Copenhagen. ..
5
5
6
6
4K
Hi
*M
4H
as ever, and the failure of the crops over large areas leads to
the fear that a considerable part of the Empire will have to
Abell write as follows under date of
Messrs. Pixley
go through another year of famine. The Finance Minister November 14
has just made inquiries of the leading manufacturers
Gold— There have been rather small arrivals daring the week, bnt
throughout Russia as to the causes of the very peculiar con- in view of the firmer Paris exohange the demand has almost entirely
dition of the foreign trade. Manufacturers of all kinds com- ceased. About £?80.000 is due here In a day or two from the East.
£170,000 has been taken from the Bank, of which £50,C00 has been
plain that they cannot sell their goods and are urging upon sent to South Africa Denmark and South Ann-rioa respectively.
the Minister that if the Government doos not place large £17,000 has been received In sovereigns from Australia. For the
orders with them they will be unable to keep their works week— Arrivals: Australia. £33.000; Cape Town. £36,000; Chili,
Shipments: Bombay. £3%000. For the
£8,000; total. £77,000
open.
At the same time the imports of manufactured month
of October— Arrivals: Germany. £18,000; Holland, £10.000;
articles are increasing remarkably. American imports are France, £44,000; South Afiica. £428,000. Shipments: Germany,
increasing most; but there is an increase in German, French £1.291.000; Holland, £13,000; France, £335,000; Egypt, £165,000;
£145,000.
and British likewise, and the Minister, apparently, is unable India.
Silver— Following our last circular, silver was steady on small orders
to explain this state of things, considering how great a pro- and no pressure to sell, but this week, with holders offering more
tection is given to the home manufacturer by the existing freely aud with very few buyers for cash, the market has given way
duties. Possibly the explanation is that there is neither the to 263 16 d. caBh and 26*4d. forward, at which it closes very quiet. The
Indian price is quoted at Rs. 67. For the week— Arrivals: New
capital nor the efficient machinery, nor the skill and good York. £168,000; Australia, £19,000; Chili, £10.000 total, £i97,C00.
management in Russia which are found abroad, and conse Shipments: Bombay, £120,000 Calcutta. £5,000; total. £125,000.
quently that the Russian public prefers the dearer to the For month of October— Arrivals Belgium. £8,000; France, £58.000;
Fraroe, £82.000;
U. S. A., £704,000. Shipments: Russia, £23,000
cheaper article.
China, £170.000; East In ii s, £638,000.
Money has been in good demand all the week and rates are
Mexioan Dollars— Dollars have been given way since our last in
decidedly higher, partly due to the fact that the Bank of sympathy with sliver, and their nearest price to night is 26iigd.
England is taking measures to reduce the supply in the open £68,680 has been sent to the East by the Nippon Line.
market and partly because the Government has not paid out
The quotations for bullion are reported as follows:
very much of the last instalment on the consol. loan. The
Government balance at the Bank of England is exceptionally
Nov.
Nov.
Nov. Nov.
GOLD.
Silver.
large just now. Another cause is the unwillingness of the
14
London Standard. 14
London Standard.
7.
7.
French banks to renew sterling bills now falling due. It is
8.
d.
d.
s.
d.
d.
estimated by the best authorities that only about half the
oz. 771014 77 111* Bar silver, fine. oz. 263 ie 263a
aar gold, fine
sterling bills falling due this month have so far been renewed
Do 2 mo. delivery 26*4 267ie
76 6
0. B. gold coin...oz. 76 5
by the French banks, and the half which has to be liquidated y erm'n gold ooin.oz. 76 5 76 6 Bar silver, oontain'g
-Tenet gold ooin.oz. 76 5 76 6
do 5 grs. gold.oz. 26U 16 26'«
is believed to be paid for by buying the shipments of gold
apanese yen....oz. 76 4% 76 5%
do 4 grs. gold.oz. 26»« 26ll ia
from New York. It is believed here that New York is still
do 3 grs. gold.oz. 265 16 26*4
largely indebted to London, and that London is unwilling to
287 16
oz. 28 V|
Cake silver
send gold from here to Paris, and therefore is shipping it
Mexioan dollars. oz. 26^8 26>4
from New York in the hope that New York is strong enough
The following shows the imports of cereal produce into the
to bear the drain; while a considerable remittance from London would undoubtedly compel the Bank of England to raise Jnited Kingdom during the ten weeks of the season
compared with previous seasons
its rate to 5 per cent.
IMPOSTS.
Why the French banks are lessening so continuously the
1898-99.
1901-02.
1899-00.
1900-01.
balances they employ here is not easily explained, now that
the dispute with Turkey has been satisfactorily settled and that .mp'ts Of Wheat, OWt.12,368.100 16,084,900 12,767.700 11,971,000
Barley
6,972,500
3,853,900
6.266,800
5,342,600
apparently the peace of Europe is assured. The explanation JatB
3,173,770
4,037.100
4,232,500
5,181,900
most generally received is that the coming Russian loan will Peas
453,510
721,400
373,900
524,110
511,860
423,240
850,800
561.300
be very large, various estimates ranging from 40 to 80 mil- Beans
9,076,500
8,446,900
9,816,200 11,809,700
lions sterling, and that the Russian Government is so much (ndianoorn
3,778,730
Flour
4,408,100
3,593,600
4,464,400
M
m
&
:
;
:
;
. .
II
November
THE CHRONICLE.
30, 1901.
Supplies available for consumption (exclusive of stocks on
September
1):
1901-02.
Wheatlroported,0Wt.l2,368.100
3.593,600
Importsof floor
Balesof home-tfTOwn. 6,384,063
1898-99
11,971.000
3,778,7*0
6,566,009
24,263,202
22,315,739
26,000,884
22,345,758
Total
1899-00.
1900-01.
16.084,900 12,767,700
4.408.100
4,464,400
6,461.584
7,087,402
ver.prloe wheat, week.26s. 6d.
Average prloe, season. 26s. Od.
27s.
28s.
27s.
26b.
ftd.
5d.
The following shows the quantities
maize afloat to the United Kingdom:
Wheat
Maize
The
1900.
1.690,000
310.000
420,000
S0S.000
485,000
365,000
680.000
British imports since Jan.
1
1899.
1,570.000
315,000
1,160,000
1900.
*
*
44,555,914
37,644,808
45,002,184
42,681,876
43,876,427
42,016,307
40.264,167
42,097,059
41,232,852
48,495,608
+1,431,602
+2,069,681
+1,428,922
+3.711,016
-1,449,668
Teo moa.... 428,745,972
427,646,786
+1,099,186
The exports
since Jan.
1
1900.
*
*
23,583,682
23,219,849
25,316,821
22,645,147
24,715,930
24,895.335
24,550,557
24,984,623
24,559,811
24,742,930
Ten mos.... 233,342,676
243,214,685
April
June
July
August
September....
Ootober
The re-exports of foreign and
show the following contrast:
Re-exports.
January
February
March
April
Mav
June
July
August
September....
Ootober
*
Total
81,748,881
• 1,956.883
7,447, 694
7,734.655
•1,511,767
5.513,241
•9,784.972
89,196,675
•9,691,538
•7,026.008
$96,430,858 •103,771,615
404,197,512 377,039,097
#93.283,684
371,872,260
i. 205, 809
303.470,419
47 weeks * 500,628,370 8480 810,712 ¥465, 155,914 8886,676,228
for one week later will be found
our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign porta for the
<veek ending Nov. 25, and from January 1 to date.
EXPOBT8 FBOM HEW YORK >OE THB WHBK.
The imports of dry goods
In
+*28
+1,169,849
—2,182,394
—295,528
—658,114
Per Ot.
+4-91
—9-39
—1*16
1900.
£
£
Total 47
1900.
1899.
1898.
810,622,846
461,034,241
812,958,184
476,736,209
$11,670,052
416,368,042
$9,022,468
415,809,886
weeks $461,557,087 •489,694,393 *428.038.091 $424,831,804
— 2,588,f-09
—759,294
—3-07
.mount "previously reported."
—9,872,009
-407
The following table shows the exports and imports of
jpeoie at the port of New York for the week ending Nov. 23
*nd since Jan. 1, 1901, and for the corresponding periods in
1900 and 1899.
BXPOBTB AND IMPOSTS OF SPBCIB AT HEW TOBK.
—164,786
—779,054
1
Difference.
m
Per
—431,158
+390,963
—465,813
+425,460
+661,767
+80,386
+743,769
+757,576
+337,951
5,482,465
5,575,325
5,666,338
5,860,547
5,394,462
5,441,884
4,782,314
5,409.379
4,430,284
4,986,429
Cor the week.
'rev. reported
1901.
— 2'91
— 470
—9-90
— 0'6
— 3'1
— 10'6
—1,159,218
—2,450,911
colonial produce since Jan.
1901.
6,051,307
5,966,963
5,200,525
6,286,007
6,056,229
5,522,270
5,526,083
6,166.955
4,768,245
6,311,096
— 8'5
Difference.
24,753,531
21,037,455
25,021,293
21,987,033
23,556,712
22.444,424
24,3S5,771
24,205,569
21,971,302
23,983,636
May
+5-49
+3*16
+8-66
—3*30
-0-7
+6-8
—2-7
—7-3
+1,324,667
Ot.
Note.— As the figures of exports as reported by the New York
Custom Hoose from week to week freqoently show divergence from
the monthly totals, also oompiled by the Custom Hoose, we shall from
time to time adjust the totals by adding to or deducting from the
—7'84
+7-13
Gold.
$
5,819.165
2,014.650
33.000
3,000
ill
other countries.
Total 1901
Silver,
per ounce
Consols. new,
,
d.
26
25 78
\ p. ots. 91Ui6 91%
For account
Fr'oh rentes (In Parle) fr.
91"i 6 91%
01121, 10115
70 ss
Spanish 4b
7*
Anaoonda Mining
71k
6'8
rue*.
Wed
2588
918s
91"ie 91=8
01 12k 101-05
70*8
708s
25Sa
9iu 16
Tkurt.
Fri.
253s
918s
91»8
25T 16
7138
71k
9HI 16
91" 16
0107 k 1(110
6%
6%
32*
103k
82 k
103
103
108*8
109
108k
6k
Atch. Top. & Santa Fe.. 836s
104
Preferred
83 k
104
111%
111%
82k
103k
110%
98ia
1176s
98
98
98
117*8
117k
117%
49%
26k
174k
117 k
47 k
25%
173k
46%
96*4
43*8
97k
97
74%
61k
144k
111k
74%
Baltimore & Ohio
Preferred
Canadian Pacific
Chesapeake & Ohio
Chloa. Great Western.
Colo. Mil.
A
& Rio
Den.
Do
St.
Paul.
..
Or., oom...
do Preferred.
Erie, common ..........
1st preferred
49^
26
174%
47%
971*
44i«
75
2d preferred
ei^s
Illinois Central
1431a
Louisville & Nashville.. 111
22ia
Mexican Central
14i*
Mexican National
27 9
Mo. Kan. & Tex., oom.
55i4
Preferred.
N. T. Cent'l & Hudson 172%
B. Y. Ontario & West'n 373a
60ia
Norfolk & Western
Do
Northern
pref. 94k
Pacific, pref. 104ia
do
49 k
26
173k
48
97
44k
75
61k
143
111*3
22k
14k
49 k
26
174
47 k
22
44
748s
60
144
111k
22k
14%
37k
111k
54
55k
174k
37
37
61*8
61*8
93%
94%
104k
77%
61k
94k
102%
77k
104k
43k
61
144
14k
27k
54k
176%
27 k
56
50
176%
36*8
176k
36%
x60
94
104
Pennsylvania...........
*Phila. 4 Read
•Phila. & Read, ,1st pref
•Phlla.
Read.. 2d pref
76
76%
258b
26
41
26
41
26
41
62%
3i%
93k
30%
61%
35k
94k
3038
Southern Pacific
South'n Railway, oom.
30%
C2k
35k
94k
25%
4ik
30 k
62
&
Preferred
Union Paolflo
Preferred
TJ. 8.
Steel Corp., oom.
do
pref.
Do
Wabash
Do preferred.
Do Deb. "B"
*
Price per share,
41
30ia
107i>8
94
44 78
95k
21%
39k
62k
107 k
62k
35k
95k
76*8
35k
96
105%
106%
94k
44%
95k
21k
94
106k
94
44 k
92k
X44k
95k
40
44k
94%
21k
?
39
62k
63
a
94%
22%
41k
63%
6Bg
823s
97 k
116%
49 k
25 »8
22
41
$7,869,815 •46,415,408
21,560 47,481,724
2,002 25,990.368
$244,196
$
1,178,868
9,342
8,816
1,645,022
451.219
930,179
84,409
3.935J
$22,143
9,388
52,818
4,533,888
10,481,654
13,970,006
>
Imports.
Since Jan.
Week.
1.
$987,590 $42,962,706
697,495
Germany
West Indies
2,220
248,924
21,250
24,431
3,091
600
tfexloo
touth America
HI other countries.
Total 1901
Total 1900
Total 1899
$938,190 $43,960,117
1,372,159
585,610
47,385,274
41,462.224
Week.
SinceJan.X.
$
$25,283
4,720
223
232,010
1,057
48,864
5,786
2,526,328
$55,207
45.907
72.019
$3,361,859
4,280,592
3,^93.768
536,034
37,261
Of the above imports for the week in 1901, $6,475 were
American gold coin and $3,629 American silver coin. Of the
exports during the same time $286,000 were American gold
coin.
173k
46k
96%
43k
7488
61
144
111k
23%
15
27
$1,764,851
33,100,370
9,599,217
748,087
53,868
34,515
1,114,500
SinceJan.1.
Week.
Silver.
France
Mon.
1.
Mxportt.
Market*— Per Cable.
The daily closing quotations for securities, etc, at London
are reported by oable as follows for the week ending Nov. 29.
Sat.
Since Jan.
Week.
+7-25
+11-1
—1-04
+15*5
+13-8
+7-6
+26-5
Total 1899
London.
Imports.
Exports.
— 8'20
+7'1
53,029,427
+3,825,568
Ten mos.... 56.854,995
slight
figures
are
official.
indioate
that
Note.—The aggregate
They
adjustments have been made in the monthly returns as issued.
EnKllala Financial
1898.
•3,188,207
7,651,765
have been as follows:
1901.
Exports.
January
February
March
—805,269
+2,764,855
—1,159,919
—3,024,061
—4,144,205
Pi.
H-3'21
1899.
1
Dry Goods
Per
a
45,937,516
February.... 39,714,439
MaroU
46,426,056
46,392.892
April
42,426,759
May
41,711,033
June
43,028,822
July
40,937,140
August
September.... 38,208,791
44,351,408
October
L>ry Goods
len'l mer'dlse
9en'l mer'dlse
Difference.
1900.
1901.
Hince Jan.
have been as follows:
1901.
Imports.
January
Week.— The following are
York
for
the
New
week
at
ending for dry goods
imports
the
week
ending
for
general merchandise
Nov. 21 and for the
Nov. 22; also totals since beginning iirst w<-ek January.
FORKION IMPORTS.
Imports and Exports for the
For week.
Last wee*.
2.055.000
are...
8d
Commercial and niisccUaueous Sterns
of wheat, flour and
TMt week.
qrs...2,225.O0O
Floor, equal to ore...
4u
28s.
26b.
2d.
4d.
1143
26k
54%
176
3678
60
93
103 k
76%
25%
41k
303s
6ik
35k
96k
106k
92k
44k
95k
22
40k
63
Stock of Money in Country.— The following table
shows the general stock of money in the country as well as
the holdings by the Treasury, and the amount in circulation
on the dates given. Ihe statement for Oct. 1, 1901, will be
found in the Chronicle of Oct. 26, 1901, page 882 for that
of Nov. 1, 1900, see Nov. 10, 1900, page 947.
;
>-Stock of
Money Nor.
1.—.
r-Monri/ In Circulation.^
1901.
In
the United
States.
t
+ Held in
Trtasum.
I
Gold coin (lnc.bul'nlnTreaa.)l,174,883,e84 259.3«6,494
•Gold certificates
Standard silver dollars
628.822,988 13,999,131
•Silver certificates
riubslolary silver
Treasury notes of 1890
United States notes
•Curr'cy cert Act J une
National bank notes
,
Nor.
1.
19U1.
Nor.
1,
1900.
•
033.858 471
2-l,ti78,669
92,464,1-0
41,484,000
346,681,010
8.461,829
49.M86
7.899.988
73,113,5^0
41 1,8111,387
83,999.851
41.381.614
338, 7 81 .023
369,911,683
8.«37.181
861,874,568
8, '72
621,761.263
215.595.969
73,179 469
421.^-0,746
81.035.187
66,478.460
333.8^5,061
1,7-0,000
325,875.858
Total
2,543,697,4>»1 2H7.296.949 2.846.300,5»2 2,1S»,1S1,412
Population of the United States Nov. 1, 1901, estimated at 78,211,000; circulation per capita, 128 Ti.
• For redemption of outstanding certificates an exact equivalent In amount
of the appropriate kindsof money is held in the Treasury, and Is not included
In the account of money held as assets of the Government,
t This statement of money held in the Treasury as assets of the Government does not Include deposits of public money in national bank depositaries to the credit of tke Treasurer of the United States, and amounting to
I104.W06.8O9.
THE CHRONICLE.
1144
Deposits op Bonds Held by National Banks.— The
following Interesting statement furnished by the Comptroller of the Currency shows the amount of each class of bonds
held against national bank circulation and to secure public
moneys in national bank depositories on October 31. For
statement of September 30, 1901, see Chronicle October 26,
1901, page 882; for that of October 31, 1900, see number of
November
page
10, 1900,
947.
[Vol. LXXIII.
Keports of Nou Member Banks.— The following is the
statement of condition of the non-member banks for the
week ending Nov. 23, based on averages of the dally result.
We omit two rivhtrrs f00 ) in nil. rsme*
banks.
Vapi.
(00i omitted.)
tal.
V. 8.
ments.
Borough of
Manhattan,
»
Colonial
5 p.
ote.,
Bond* Held
Bank
Public Deposits
in Bank*.
1894, due 1904
.
$268,900
6,032,000
2,911,100
3,883,780
12,500
316,625,650
83,836,900
965,000
to
Secure
total Held
Circulation.
$556,001
7,286,600
11,153,950
6,458,300
4 per ots., funded 1 907
4 p. ota., 1895, due 1925
3 p. ote.,'98, due 1908-18
1 per ots., funded 1891*.
2 p. ota., 1900 due 1930.
8-65B Diet. Ool., 1924...
1901,
Oct. 31,
$824,900
13,318.600
14,065.050
10,442,080
12,500
400,462,550
965,000
$329,833,930 $440,090,680
$110,256,750
Redeemable at option of the United States.
The foregoing does not include the bonds held in the New
York Sub-Treasury against deposits in banks. There were so
held on Oct. 81 $11,292,000 bonds, making the whole
amount at that date in possession of the Government as se
cnrity for deposits $121,548,750.
*
New York
Cltj Clearing House Banks.— Statement oi
condition for the week ending Nov. 23, based on average of
daily results.
We omit two ciphers (00 ) in all eases.
banes
Capital. Surplus.
Loans.
Specif
9
$
HeDeposits eervt
Legate.
100,0
300,0
Eleventh Ward.... 100,0
fourteenth Street. 100,0
200.C
9ansevoort
Hamilton
200,0
Mount Morris
260,0
Mutual
200,u
Nineteenth Ward.
200,0
Plaea
100,0
Riverside
100,0
State
100,0
Twelfth Ward
200,0
Twenty-third W'd 100,0
Onion Hquare
200,0
rorkvllle
100,0
Washington.
100,0
Fidelity
200,0
Variok
100,0
JeUerson
200,0
Century
100,0
Wash'BtonHeifrhts 100.0
United National... 1000,0
Boro'h of Brooklyn
Bedford
150,0
Broadway
100,0
Brooklyn
300,0
Eighth Ward
100,0
fifth Avenue
100,0
Kings County
150,0
Manutaot'rs' Nat'l. 252,0
Mechanics
600,0
Meoh's' & Traders' 100,0
Merchants'
100,0
Nassau National.. 300,0
National City
300,0
North Side
100,0
Peoples
100,0
Seventeenth Ward 100,0
Siprague National
200,0
Twenty -sixth W'd. 100,0
Onion
100,0
Wallabout
100,0
.
Bank of N. Y....
Manhattan
Co...
Meohanioa*
Amerloa
Phenix
9
„ m 9
2,000,0 2,166,2
2,060,0 2,093,0
2,000,0 1,138,7
2,000,0 2,317,2
1,600,0
1,000,0
10,000,C
City
300,0
600,0
Chemical........
Merchants' Ex..
Oallatin
1,000,0
Butoh.<fc Drov's'
300,0
400,0
200,0
600,0
Ueoh.A Traders'
Leather M'f'rs..
Seventh Nation']
1,700,0
1,200,0
Eich. 5,000,0
10,000,0
1,000,0
1,000,0
State of N. Y....
American
422,7
460,0
200,0
1,000,0
Pacific
North America..
3,000,0
600,0
600,0
600,0
900,0
Oitiieus'
Markets Fulton
Shoe <fe Leather. 1,000,0
Corn Exchange.. 1,400,0
300,0
Imp't'rs'&Trad. 1,500,0
Park
Ninth
Plrst
N.Y.NaflExch.
N. Y. County....
German Amerl..
Chase
Fifth Avenue...
German Exoh...
Grarfleld
Bank of Metrop.
1st Nat., B'klyn.
N.Y. Prod. Ex..
NewAmsterdam
Hide A Leather.
Total
500,0
19,611,0 3.618,0
24,385,0 4,895,0
12,617,6 1,813,3
13,180,0 2,532.
8,097,0 19,245,6 3,392,0
267,8
4,742,0
844,0
6,630, 112,127,3 29,691,1
7,000,4 24.671,0 3.808,6
268,8
926,2
5,314,1
1,964,"!
9,314,1
1,041,8
73,1
1,137,6
336,1
133,0
2,733,0
475,0
184,1
917,1
118.2
6i5,e
3,962,7
775,6
. ....
3,606,0 2,670,6
564,1
4,563,6
367.6
3,411,2 28,313,0 4,821,0
7,094,6 70,100,1 9,868,5
925,7
1,687,3
8,888,2
1,361,8 14,604,7 2,409.0
612,4
2,480,7
439,3
5,941,2
977,9
733,2
2,032,7
866,8
860,8
1,026,8 11,340,4 1,695,6
6,656,2 46,389,6 9,741,1
4,159,0
665,6
476,8
3,997,2
996,1
382,6
289,8
2,566,7
370,3
6,936,3
904,3
1,012,2
832,9
226,0
3,959,0
1,849,7 23,010,0 4,007,0
2,105,4
168,1
406,9
6,104,4 23,343,0 4,294,0
8,968,7 48,098,0 15,120,0
1,184,6
271,8
160,9
2,663,2 22,908,6 3,756,8
10,349,0
1,882,0
586,2
9,460,0 1,530,0
996,0
1,301,0
188,0
71,6
11,407,9 74.962,3 16,773,8
4,147,9
676,6
336,0
3,258,0
470,0
743,7
604,2
3,953,9
624,8
3,303,2
633,6
404,8
42,068,9
2,657,3
11,681,1
8,888,1 2,226,6
1,407,9
213,6
684,8
2,860,8
2.992,1
410,7
866,7
1,014,8 14,272,1 2,876,6
7,269,7 1.490,2
1,168,1
2,162,9
392,3
871,7
7,165.0 1,395,6
7
M12'
2,686,0
436,6
375,0
1,015,8 12,107,0 1,680,0
2,378,2 35,707,2 8,396,0
520,4
4,188,0
610,0
6,619,4 1,289,1
769,0
4,200,6
694,6
443,4
7,791,8 1,281,1
603,3
4,081,0
715,3
416,5
2,772,2
410,3
369,1
183,622,7 '99.050.4 869.063.0
New York
we
2,000,0
260,0
8,000,0
1,000,0
300,0
750,0
10,000,0
600,0
260,0
200,0
760,0
1,000,0
100,0
200,0
200,0
300,0
1,000,0
200,0
300,0
200,0
600,0
2,100,0
300,0
500,0
1,000,0
260,0
850,0
City,
,
Boston
&
9
,
9
P.C
269
250
1,501,0 19,720,0
2,185,0 28,316,0
1,667,0 14,458,1 24'0
1,095,0 14,001,0 269
2,424,6 21,826,6 26-6
264,0
4,631,0 24'2
6,239,0 128,162,5 28-0
2.625.7 23,966,8 26-8
673,3
6,733,6 26'1
990,9
7,670,7 28-8
61,5
1,451,2 27-4
226,0
8,313,0 21-1
189.7
876,1 351
143,0
3,845,9 262
135,4
4,601,1 60-0
322,9
3,913,8 17-6
1,107,0 22,043,0 26-8
5,824,7 60,378,0 26-1
358,8
6,984,2 21-4
1,622,2 15,629,9 26-8
464,8
3,417.1 26-4
898,4
6,084,0 270
609,6
3,068,2 31-6
1,162,6 11,520,8 24-8
6,767,3 62,913,6 29-3
471,7
4,333,0 26-2
261,4
4,618.4 27-2
322,8
3,004,3 23'0
753,6
8,206,3 26-7
278,4
4,485,4 24-7
2,382,0 27.081,0 23-6
399,3
2,110,0 28-8
1,283,0 21,428,0 26 7
3,478,0 62,253.0 29-8
204,0
1,493,6 31-7
2,456,2 24,041,6 26-8
1,654,0 13,128,0 26-1
1,082,0 10,337,0 25-3
200,2
1,320,2 29-3
2,112,8 71,992,6 262
416,8
3,906,6 25-8
317,0
3,483,0 226
312,4
4,358,9 21-4
267,7
3.274,6 24-4
1,760,7 61,288,7 26-2
346,9
9,983,1 26-7
740,6
3,406,2 28-0
470,1
4,555,1 19-3
1,830.6 16,989,8 24-8
359,4
7,409,7 24-9
200.9
2,278,0 26-0
443,1
8,038,1 22-8
374,0
2.910,0 25-7
2,108,0 14,493,0 261
2,644,9 42,067,2 28-0
692,0
4,307,0 25-5
425,0
6,539,6 25-8
312.1
4.065,3 24-7
826,6
8,960,1 23-5
170.7
3,957,0 22-3
106,7
2,017,8 25-6
Banks.
Capital A
8urplus.
Loans.
Specie.
N. Y.»
$
$
9
Nov. 2.. 190,888.1 891,922,9 1784637
"
«'
180,888,1 886,995,0 1773392
16.. 182,673,1 882,667,4 1765896
23.. 182,673,1 869,083,0 1771766
9..
Boa.*
Nov. 9..
"
18..
"
23..
Phlla.*
Nov. 9..
•'
"
*
16..
23..
67,632,9 194,413,0 16,885,0
67,632,9 193,940,016.018,0
57,632,9 192,722,0 16,323,0
38,715,3 176,663,0
88,716,3 176,186,0
38.715,3 177.451.0
We omit two ciphers in all these
t Including for
Legals.
Deposits.*
9
9
$
958,062,4
950,419,1
946,084,3
932,957,6
31,875,9
31,821,4
31,982,6
31,972,4
71,634,7
68,956,5
70,036,4
70,550,8
figures.
200,0
126,1
180,3
157,4
34,8
73,9
81,0
437,3
360,6
188,8
23,8
626,6
573,5
144,7
123,8
78.2
243,3
54,2
60,5
55,9
35,0
100,0
66,5
86,8
400,0
250,0
260,0
200,0
110,0
125,0
907,7
600,1
Notes
303,1
242,6
469,2
113,2
17H4.6
89,4
2568,0 172,0
1146,7
49,4
1392,6
63,1
1291,8
18.1
1767,2
96.7
2241,9 133,8
1428,7
33,8
1570.6
27,7
2459.0 197.0
18,6
1043,7
8869,0 835.0
1342,0
42.0
1065,8
46,8
2124,0
44,5
1498.3
61,7
701.7
11.4
11.1
443,1
10,6
804,5
721,8
6,9
310,0
6.6
316.7
8,6
617,7 108,3
160,0
110,0
61.2
61,6
82.7
116,1
87,0
101,4
185.3
329.0
78.9
18X.0
178,0
103.4
227,6
163,1
41.2
25.0
92,3
79,0
14,3
1333,8
1590.0
15,8
1028,3
68,2
406.9
13,0
678,4
86,6
879.3
83,6
2780,3 805,6
8735,0 189,1
1026.6
16,7
682,4
8,7
8978.0 170,0
2853,0 145,0
10,3
951,3
910,1
86,8
637,2
8,8
1131.0
99,7
626.6
13.6
639,2
39,8
820,8
33,6
90.1
147.4
84.1
24,5
26,6
25,5
127,6
160,6
60,7
68,7
282,0
283,0
46.8
67,4
40,9
17.5
23,6
69,8
27,2
6,597,0 152.119,7
6,697.0 143,207,6
5,561,0 130,676,7
208,242,0
210,870,0
210.250,0
9,806,0 96.543,2
9,824,0 111,319,9
9.822,0 122,623,6
Boston and Philadelphia the item " due to other banks."
182,4
221,5
156.6
167.8
282,1
22j,8
311.4
68,0
88,3
230,0
105,0
83.6
283.3
89.5
84.3
36,3
133,0
139,7
27,4
39,7
97,7
19,1
8.7
18,8
114,7
194.1
143,6
40,8
61,6
8.0
26,0
"7,3
6,0
62.8
0,8
1.1
1948.0
2862.0
1888,1
1661.6
1887.0
1897,1
2«37,8
1424,6
1848,7
-1686.0
410,0
48.'2
10,0
19.2
'6,4
35,3
1108,2
4888,0
1748
1192.0
2748.0
1894,3
878,9
377,9
910,8
886.6
108.6
71.7
393,9
100,6
6,3
1.0
10.0
46,9
75.3
317,0
272,3
10,0
27,1
78,3
64.8
557,0
824,0
61,0
32,3
71.3
180,0
20,0
130,0
49,2
63,4
36,1
28,0
70,1
70,9
53,2
67,6
35,1
3,0
1836.0
1713.9
1031,6
379,6
814,1
734,9
3143,3
4137.5
871.7
712,6
4357,0
3489,0
884.8
948,6
545.6
1003,6
668,6
728.6
813,8
14,7
88,7
18.9
20,0
70,4
95,1
7.4
612.6
874.3
6197,6 224,1
2190,7
77,1
1168,9
61,6
1083,9
45,9
2121,2 104,0
984.7
29,2
221.8
791,4
163,9
193,5
259,3
141.4
se.8
258,1
115,9
6606.8
1856.7
1008,4
1138,7
1937,3
831,2
601.8
705,0
66.3
18.1
67,2
23.4
26,6
16,6
86,8
6.2
—
Auction Sales. Among other securities the following, not
regularly dealt in at the Board, were recently sold at
auction,
By Messrs. Adrian H. Muller
Son:
&
Stocks.
Stocks.
25 Third Nat. Bank
20
12 N. Y. Life Ins. & Tr. Co. 1350
10 Jewelers' Circular Publishing Co. of N. Y
40
636jq
Herriog-Hall-Marviu Safe Co. 1st pref... 32
2650 100 Herring-Hail-Marvin Safe Co. 2d pref
2l5o 100 Herrlne-HallMar-
vinSafeCo.com
6^
100 Atl. & Charl. Air-L RR .168^
25 Lawy'aTit.ins. C«. 340^-350
1 Cert.
Memb. N.
Exoh.
1st 5s, 1944. J&J
115k
N.Y. Ferry
B'fclyn
11534
Co. 1st 6s, 1911, J&J
$2,500 Chic. Ry. Term. Elev.
Co. let es.1943
eoveik
Co
&
2% $20,000
25 Michigan Telephone Co. 30
15 Singer Mfg. Co
250
52 Morton Trust Co.ll95-U95i«
60 T rust Co. of Amer.^73ia-276
34 East Eiv Nat. Bank. ...1553s
200 Chatham Nat Bank
335*2
100 Brooklyn Warehouse &
Storage Co ..
120
23 American Surety Co
lSb 1^
Y. Prod.
dues paid) .$116
20 Nat. City Bank. ...619-621
60 Hanover Nat. Bk. 695V696
Bonds.
$10,000 N. Y. & East R. Gaa
(all
$7,000 CoUSan.
& Hook.RR.
Co. 1st 6s, April, 1897,oou-
VI
pona on
$6 6 Manh. Beaoh Hot.
&
L.
Co. (Ltd.) ftper cent certs.
63
1904, M&.N
%*%ukin& and Ifitrautial.
Spencer
&
27
29
Trask
BANKERS,
&
....
PINE STREET,
Co.,
NEW YOBK
Transact a general banking business; act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies, Execute
commission orders and deal in
INVESTMENT SECURITIES
Members N. Y 8tock Exchange.
Branch
George Barclay Moffat.
Office,
67 State
St.,
Albany
Alexander M. White
Moffat& White,
Jr.
BANKERS,
...
Members New York Stoot Exchange.
9
13568139
18250079
17044386
14920164
17B.0
843,0
Totals Nov. 23.. 9062,0 8406,1 72464,7 3357,9 4387,2 8294,8 1741,0 77762,6
Totals Nov. 16.. 9062.0 9406,1 72581,8 3380,2 4488,1 8871,6 2067,8 78784.6
Totals Nov. ».. 8082,0 9206.1 71777,6 3106,7 43452 8360,8 1778,8 77812,2
Circ'l'n. Clearing*
7.988.0 222.704,0
7,918,0 222.299,0
8,465,0 317,844,0
55,362,0
58,114,0
66.230,0
69,1
64,1
62,2
100,0
Other Cities.
1st Nat., Jer. city.
Hud. Co. Nat.. J.O.
3d Nat., Jer. City..
3d Nat., Jer. City..
1st Nat., Hoboken.
3d Nat., Hoboken.
Philadelphia Banks.— Belo*
summary of
Deposit. with
Net
Other OeposiU
Agent, fiksjic
B'k. CUar'g
t
140,9
217,0
128,6
82,3
20,0
100,0
89,5
163,7
147,8
222,6
129,8
283,8
42,7
75,4
389,1
223,3
80,8
96,1
Borough of
Richmond.
of Staten Isl
lstNat.,StatenIsl
Sank
1771765 70.550.8 932,957,6 26-6
the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia,
The New York figures do not include results for tne nonmember banks.
furnish a
<4
Niw Yoke Citt
Uolnmbla
Description of Bond*.
Sur- Loaned
plus Invest- Specie
No.
1
NASSAU STREET,
NEW YORK
INVESTMENT SECURITIES.
Tracy
No.
CHICAGO.
&
Co., Bankers,
NEW
Street,
YORK.
Connected by private wire.
MILWAUKEE!.
40 Wall
Dealers in High Grade Bond*.
List Jo/ Current Investment Offerings sent
Mornhnra J New Tork Stock Exchange.
Members
{ Cnlcag0 stock Exchange.
on Application.
Commission Orders
Executed in nil Markets
.
November
THE CHRONICLE.
30, 1901.
The following were the rates of domestic i-xchange on
at the under-mentioned cities to-day: Savannah,
buying 75c. discount, tolling 750i premium; Charleston,
buying parcelling 1-10 premium; New Orleans, bank, par;
mxkzts* (SixzztU.
New York
DIVIDENDS.
discount; Chicago,
commercial, $1
par; San Franoisoo, par.
'-'•">
Nam*
Kullroiidn
Boston i& Lowell
Sruiii
When
Per
Company.
of
Jan
Jan
4
1
pf..
34
a Di
Deo
•J
No
2
a
Deo
2
8
Jan
Jan
Jan
1
1 4 Jan
2>o Dec
4
Jau
Wlreel Hallways.
Massachusetts Bloc. Cos., Boston, pref.
->
Hanks.
D(
lu Deo
1
2 Holders
1
Holders
Dec
>IIhc (-Hium-OIIS.
Alabama Con. Coal .fc Iron, pref. (quar.)
American Caramel, com. (quar.)
American District Telegraph, Bklyn ..
American Steel Casting, pref
American Thread, pref
Columbus Gas Light it Heat, pref
Consolidated Gas, New York (quar.)...
Consol. Lake Superior, pref. (quar.)....
Continental Tobacco, com
do
—
pref. (quar.)
do
Cramp (Win.) Sons Ship. Eug. (qn.)
International Paper, pref. (quar.)
&
&
National Rico Milling (uew), pref
Republic Iron <fe Steel, pref. (quar.)
inlng
United States Leather, pref. (quar.)...
M
Deo
14 Dec
34 Deo
i:i,
34 Deo
2 4 Jan
8
i
a
Dec
>eo
Deo
Jan
Jan
14 Deo
14 Deo
Deo
2
1 34 Jan
l3
i
2
1 34
Dec
.flO
14 Jan
•J
1
Jau
Deo
Nov 29
Nov 13
2
1
Di c 18
1X0 15
D60 10
of rec.
a Solders of
1
;
to
to
of rec.
Nov 30 Nov 26
Trust ('oiiipiuili-x.
People's, Brooklyn (monthly)
in.
to
l
rea Nov 30
to
Nov 30
to
to
to
to
Ki
10 Deo
Di
Dec 20
ao Deo lo
Nov 30
Jan 1
33 Holders of reo
Dir 4
to
Deo ir>
16 Holders of reo Nov 80
to
Jan 27
27 Jan 11!
to
Jan 2
a Deo 15
to
Deo IS
Deo 8
to
so Deo 15
Jan
a Holders of rec Nov 21
to
Jau 1
2 Dec 17
Deo 16
to
so Deo 7
Jan 2
to
2 Deo 17
l
i
i
M
M
l
STK.EET. Kit IDA Y, NOV.
'£»,
1901.-5
P.
M.
The Money Market and Financial Sitnatiou.— There has
been a fair volume of business at the Stock Exchange this
week, owing in part to the fact that one class of investors
New
has been desirous of acquiring certain stocks, such as
York Central, Pennsylvania, Michigan Central, Illinois Central and Manhattan Elevated, while another class was perhaps more anxious to dispose of Amalgamated Copper and a
few other industrial issues. There seems also to have been
some disappointment because the long-expected announcement of a plan for joint operation of the Vanderbilt systems
was not made, and in this connection it is interesting to
note that the highest quotations for railway shares were
Naturally the result of
generally recorded on Monday.
activity stimulated by these causes has been a market with
no general trend or tendency, but one alternately strong
and weak, or strong and weak in different departments at
the same time. This is a characteristic of the stock market
alone, however, as the market for railway bonds has been
generally firm and the volume of business good.
The foreign exchange market is firmer again after a temporary easing up which followed the heavy gold shipments
of last week. No gold has been exported this week and
the money market has been easy with A.% P er cent tne
maximum
rate for call loans.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 33=2 1° 4^2 P er cent. To-day's rates on call were 3}£ to 4
per cent" Prime commercial paper quoted at 4%'® 5 per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £157,660, and the percentage of reserve to liabilities was 47'91, against 47*77 last
week; the discount rate remains unchanged at 4 per cent.
The Bank of France shows an increase of 41,675,000 francs
in gold and a decrease of 125,000 francs in silver.
The New York City Clearing-House banks in their statement of Nov. 23 showed an increase in the reserve held of
$1,101,400, and a surplus over the required reserve of
$14,486,925, against $10,103,825 the previous
Differences
1901
Nov. 23
previous week
$
$
from
week.
1900
1899
Nov. 24
Nov. 25
$
Specie
Legal tenders
83,622,700
99,050,400
869,063,000
31,972,400
932,957,500
177,175,500
70,650,800
Ino
Ino
586,000
515,400
$
74,222,700
90,109,900
792,720,100
30,688,200
851,391.300
164,742,500
60,383,600
Legal reserve
247,726,300 Ino
233,239,375 Deo
1,101,400
3,281,700
225,126,100
212,847,825
191,141,700
184,489,600
14,486,925 Ino
4,383,100
12,278,275
6,662,200
Capital
Surplus
Loans & discount*
Surplus reserve
Notb.— Returns
of separate
Deo 13,504,400
Deo
10,200
Dec 13,126 800
59,422,700
79,083,700
676,636,400
16,471,600
737,958,000
142,010,600
49,131,100
banks appear on page 1144.
—
Foreign Exchange. The foreign exchange market was
Monday, but offerings were readily absorbed and
a firmer tone has since prevailed.
To-day's actual rates of exchange were as follows: Bankers'
demand, 4 87^(24 87%;
sixty days' sterling, 4 84^@4 84}£
cables, 4 88k£@4 88^; prime commercial, sixty days, 4 83^@
4 84 4; documentary commercial, sixty days, 4 8o%@4 84J4;
cotton for payment,
train for payment, 4 84@4 M\i
83»4@4 8334; 'cotton for acceptance, 4 83%@4 84^.
Posted rates of leading bankers follow:
Demand
November 29
Sixty Days
easier on
;
]
;
Prime bankers' sterling bills on London.
4 85
94 884
4 88
4 83 34 ®4 844
Prime commercial
Documentary oommerclal
4 834 ®4 844
Paris bankers' (Francs)
6 18 34 ®5 184* 5 15
®5 15 5a
Amsterdam (guilders) bankers
40
404 # 40<>i 8
404a
957 ie -d> 95 4
Frankfort or Bremen (relohm'ks) bankers 95
~a 954s
V
ct>
*
Less ha-
United States Bonds. Sales of Government bonds at tinBoard are limited to |1,500
The
following are the daily dosing quotations
for ytnrlij range
tee third pagr following.
.
J.iii
to
to
to
to
-'•J
i>r<-
dlsoount; st. Louis,
,
to
rj
a Deo la
Jan
Bedford, Brook lyu
WALL
to
Deo 10
i
So.
—
.
BosImii i;r\ ere Beach ifc Lynn
Chlo. & Alton /,'/.'. (old co .), ooni. <S>
Chicago & Alton Railuay, pref
Chic. & East. Illinois, ooni
coin, (extra)
do
do
So
do
pref. (quar.)
do
do
Little Miami, guar, dinar.)
Phlla. Wilmington <S> Baltimore
Tamarack
Books Closed.
(Days Inclusive.)
Cent Payable
\->
11
registered
2s, 1930
coupon
2s, 1930
2s, 1930 .sinal. registered
ooupon
2s, 1930 .small
registered
3s, 1918
coupon
8s, 1918
3s, 1918, small. registered
coupon
3s, 1918, small
registered
4s, 1907
coupon
4s, 1907
registered
4s, 1925
coupon
4s, 1925
registered
6s, 1904
ooni on
5s, 1904
•This
Is
the price bid at
Interest
Nov.
Periods
23
Nov.
25
Jim
108\
•low's,
.111
•108<4 •108 s
U
u
'.'.'.'.'.'.
II
Nov.
2H
,,
Nov.
Sov.
27
Nov.
29
*10H\
•108%
"108 5H •108%
»108«5
'.'.
Q— Feb
Q— Feb
Q— Feb
Q— Feb
Q^Ian
Q—Jan
Q— Feb
Q— Feb
Q— Feb
Q— Feb
*i"08'4 •iim'4 »i08Vi •i'084*
'108'4 •1083s •108% •108%
•108"
"1124
•1124
•1894
»1894
•108
•i'08" •108
•1124
•112 4
•1394
•1394
•1124 •1124
•1124 *ii24
•1394 1394
•1394 13'.I4
•107'. •107 4 •107 4 •1074
•1074 •1074 •1074 •1074
the morning board; no sale was made.
r*
1084
•<
>108%
a
^
o
u
.
:
:
'108**
1124
112 4
'1394
'1394
'1074
107',
Coi 118.— Current quotations in gold for coins and bullion:
— 554®
Fine silver bars
Sovereigns
$4 85 -3>$4 88
67
Five francs
Napoleons
3 84 @ 3 88
—93 rd> 95
— 43%® 454
Mexican dollars
4 73 ® 4 78
X X Heichiuarks
Peruvian sols
26 Pesetas
4 78
83
40 ®
434
English silver
Spanish Doubloons.. .15 50 @15 60
$4 81 ®$4 85
United States trade
Mexican Doubloons. .15 50 @15 60
dollars
Flue gold bars
par ®4prem.
62 '3
70
©4
—
—
—
—
—
—
—
State and Railroad Bonds.— Sales of State bonds at the
Board include §3,000 Tennessee settlement 3s at 96'^ to 98,
$3,000 Louisiana con. 4s at 107 and $2,000 North Carolina
con 4s at 106}^.
Transactions in railway bonds have averaged about $3,500,000 par value and the market has been steady to fir 11 in
most cases. Central of Georgia issues have been strong features, the 2d and 3d incomes having advanced about 2 points.
There was a similar advance in Kansas City Southern and
.Mexican Central 1st incomes. Also an advance of between
1 and 2 points in Colorado Midland 1st 2-4s and Wabash debenture Bs. The latter were conspicuously active, as were
Union Pacific, Kansas City & Southern, Mexican Central
and Baltimore & Ohio issues.
Stock and Bond Sales.— The daily and weekly record of
stock and bond sales at the various stock Exchanges, formerly given on this page, has been transferred to a place by
itself.
It will be found to-day on page 1152,
Railroad and Miscellaneous Stocks.— The stock market
has continued to be, as previously noted, decidedly irregular,
several issues being conspicuously strong and others weak.
Of the former class New York Central sold up to 174^, an
advance of 6 points from last week's closing price, and
Michigan Central at 180 showed a further gain of 25 points,
making a total gain of over 60 points within a month.
Pennsylvania was also strong and with North West., Canada Southern, Lake Erie & Western and Manhattan Elevated advanced from 3 to over 4 points. The above extreme
advances were modified in some case 3 by liquidation incident to the Thanksgiving holiday and as noted above.
Other strong features were Illinois Central, Chesapeake &
Ohio, Norfolk & Western and Reading. On the other hand,
Baltimore & Ohio, Delaware & Hudson, Great Nortliern preferred and Metropolitan Street Railway were weak and
lower, with the remainder of the active list barely steady.
General Electric was the erratic feature of the miscellaneous list, selling up to 281J^, nearly 19 points above the close
last week, and retaining a large part of the advance. American Sugar Refining covered a range of 5 points. Amalgamated Copper declined over 11 points and Anaconda Copper
and American Locomotive were weak.
issues were notably strong to-day.
The
iron
and
steel
Onteidc Market.— In the market on the curb business has
been fairly active, but at times somewhat irregular. Among
the issues which show a gain in prices over last Friday are
New York Transportation, 9 to 11; New England Gas bonds,
(il •« to 63i^;
U. S. Reduction & Refining preferred, 63^ to
64^; Eastern Steamship, 45 to 49; Hackensack Meadows, 40
to 41, and Storage Power, which, after dropping from 8 to
Mexican National issues have
73^, went up again to 8^4.
been strong, the common advancing to 15 '4 and the preferred to 38}^. Kansas City Ft. Scott & Memphis preferred
and also the bonds of the road were strong and steady: today dealings in these issues were transferred to the Stcck
Exchange. Detroit Southern and New York Dock securities were also listed this week.
Pocahontas Coal subscriptions sold down to 135 on Saturday and .Monday, but recovered and closed the week at 130. On the announcement
of an issue of $0,000,000 5 per cent 30-year gold notes by the
St. Louis Transit Co. the stock of that corporation ana the
United Railways of St Louis each advanced about 9 points.
General Carriage fell off to % on the publioatlo 1 of a plan
of reorganization which involved the reduction of capital
to $2,00 ',000 and the issuance of $400,000 debenture bonds.
To-dav, however, it sold up to 1 and closed at 1 bid, 1J^
asked. Copper stocks have been quiet, the only notable
change being in the price of Apache Copper, which dropped
from 85% to 19^. This stock sold at 54@55 only about a
month ago. Outside quotations will be found on page 1153.
Npw
Y
Stock Record, Daily, Weekly and Yearly
TWO PAGE*
Stock Exchange-
k
d;
OCCUPYING
STOCKS— HWJIEST AND LOWEST
Mil
Nov. 2
7"iii-.<il
.
..
4
ST,
111!
L08
67 V
si
.
..
185
111-.
86 'i
/
I-
37
78% 78%
"193
136
136
I
S<lliK
11 11
I.N CI
28
I
/.v//.
-ir
III
A
run
'OO-thare
Unit eek
vouiv STOCK
1
89 a4
Mo
in-,
1
Share*
11
Rang*
loti
iuou,
1
1
Highest
25
74
His",
190
2I2S
"212
2
1
2
'
1
1
%
187%
"2*3"
1
47
239
239%239 34
17
148 "s 148 V 147V 14.S
147 V
'145 147
'144 14(1
•145
L60
'194 Mill
r.m
198 196
194
20
203.,
20
20V
20V 20V
37^4 ;;t-',
36 V 37 V
36 V 86 34
99 V ioov
99 1009.J
98 V 99 V
-121 124
123Hi 123 V 124 124
-30
*30
•40
55
•74
*74
•74
14*8 14 V
14
14% 14 V 14 V
56% 57
50% 57
56V 5634
26
26 V 263j
26 %
26V 2il
177V 178 V 176 V 178 V 176V177V
•245 24!)
246 V 249
245 245 V
47
47
46% 47
46 V 46V
94 V 94 V
94 V 95
94 V 94%
*49
4H
"49
49
55
50
•50
"50
•50
60
60
60
40
40
'.1
48
11
•20%
42%
11
21
42 34
73 V
60
11
21^i
4?v4
11
11
21
43»4
73%
73V
60 3j
60V
«58V 59% '58V 59V
8
*81
194
82
58
-81
58
82
194% 193
194
193
193
122
•20V
42%
41!
•40
•40
74
45
75V 75 V
132 V 132 V
>
135V 136V 134V 136V 134V 137 V
167 V 169
167% 168%
168 170
*40
41
41
*40
41V
42 V
*91
93
*91
93
•90V 92 V
22
•21 *» 22
21V 21V 22
14%
14V 14V 14V 14V 14V 200
180
107
120
120
120V120V
35 V 36 V
35»4
35
94»4
93
89 V 93
27
27V 27V 27
54
53
54
54
1023
104%
104V
4
103%
175
370 170
108 V 108=8 107
35 V 35%
93
92
-26 34 27
73 V
noo
73% •71V
•98
77
102
21% 21V
45
75%
•42
*
*
•73
43
44
92
95
78
*
*
77
*106V
50% 51%
80
80%
59% 60%
5034
80
45
92
95
77
52
81
59% 60%
129V 128V129 l4
44V 44V
'
'
92
95
50 V 51V
80 V
80
59
60 V
129% 130
42
'
'
167 V 168
-39 V 41
"91
93
23 34 25V
1434
15
•150
•107
•120
15
V
180
109
122V
35V 36
•92
94
2534 26 V
53
54 V
101 34l03V
130V
12
Xovll
MaylO 90VJ'ne24
56 Marll
28
50%Nov22
::
i
Sep
May
May
May
9 188
Mar
1
_
6% Jan 21
Jan
16V Jan
30
1
6,900 105
1,300 188 V
1,000 29 V
4,650 80
10U 49
69
200 18
1
May
16
Jan
1
15
16
6
M"'
1
Deo
Dec
Ids'
3 169'
1
150>,
Dec
102
llo
J
172
Feb
Apr
76
lis
103%.
No •
Apr
14% Jan
Xov27
Api
n<
Oct
,Oct
26% Oct
55 J ni
46
Jan
36
14
Sep
Sep
Dec
2;
59% Nov29
28% Apr 29
31
94% Deo
April
1
7
Axis; 7
-Mar
is
!lv
42
77
1
1
An;:
May
May
I
78% Dec
I
J'm
Jan 8
Jan 21
58% Jan 21
Mar
20% Max
\ V Dec
47 V
9 185VApr 3 106%
Jan 3 249 Nov26 171%
Jan 21 53 V May 6
Jan 2 103VJ'nel4 64VJ'ni
1
v,
Dec
34 V Dec
Dec
1
Nov
1
71
69
45
-1
Jan 30
Jan 9
13% Jan 8
24 V May 9
5934 Jan 21
39 V Jan 4
41 Jan 31
81 Jan 4
17 Jan 18
J'ne'27
,T'ly29
J'ne 5
22 V Sep 30
12
4
12
45% J'ne
10'
12VJ'ne
5
4
J'ne
Dec
Mar
Vov
21
J'M
J'ly
Dec
l>ec
>ec
Mar21
61
I
Mar
Apr
Dec
Apr 12
April
74
Apr 20 12V^'ai 20
Marl 5 144% J'ne
53% Mar
7V Jan 28
5V s,
8,900 40 V May 9 64VNov27 30%
3
5,020 69 4 Jan 21 82 Nov29 58 Jan
400
6,88
B
167V May
65 Jan
May
13,200 124
1,060 21
100
tr..
1,200
5,000
8,070
& Western...
pref
36
9 808
67 a4 Feb 14
11 V Apr 22
2
Dec
-
'l'
l/ec
Dec
9 154%J'ne29 110
Jan 21
48 Jan 21
21 Jan 8
13V Jan 4
35 Jan 4
5 34 Jan 3
24 Jan 2
3934 Jan 21
108 V J an 21
5230 April
67 Jan 3
'
ICC,
I
42%
J
40
88,656
32,612
12,750
4,100
300
Jan
15
2 1
31
tfarlS
75
NY.
59% 60V
47%
I
1
12,125
500
600
Jan
.Jan
Nov)
Jan L09
Apr 18 119 V " 126
78
18
11,87*1
Jan
L99%Apr30
Jan 2
120 V Jan 3 L36
16 Jan 3 27
90 J'ly27
78 May 9
Mob.&O.,J.P.M&C0.rects
Morris & Essex
5191V Jan 8
171 172
Central & Hudson. 166,593 139% Jan 21
7,500 16 May 9
52
52 V
Y. Chic. & St. Louis..
70 97 Mar 1
Do 1st pref
•117V120
•88
225 47 Mar 1
92
Do 2d pref
5409 Nov 7
New York & Harlem
-/134 V Jan 15
N. Y. Lack. & Western*..
•212 214 N. Y. N. Haven & Hartf
50 5206 V Feb 27
35 V 35% N. Y. Ontario it Western. 66,330 24 May 9
Western
42 Jan 10
Norfolk
&
130,025
59V 60
400 82 Feb 15
Do adjustment, pref.
91V 91V
77% Jan 21
Northern Pacific Ry
2,950 84 V Jan 21
Do pref
100% 100 V
4,500 52 Feb 1
72 V 76V Pacific Coast Co
100 89 Feb 25
103 103
Do 1st pref
1,830 63 Jan 8
80
Do 2(1 pref
83
3
299,537 137 May 9
150 150 4 Pennsylvania
•40
1,400 14% Jan 22
43 Peoria* Eastern
3334 Jan 9
92 Pere Marquette
72 Jan 2
Do pref
95
900 57 Jan 30
75
75 Pittsb. Cin. Chic. & St. L.
500 88 Jan 4
Do pref
50 V 51V Reading, vot'g tr. ctfs.. 243,200 24%" Jan 4
1st pref. vot. tr. ctfs.. 49,170 65 May 9
80 V 80%
95.840 38 Jan 3
59% 61V 2d pref. vot'g tr. ctfs.
97 Nov 4
Rutland, pref
Jan 29
4,2001 57
130 130V St. Law. <& Adirondack...
43
92
95
3
42VNov27
pref. vot. tr. ctfs.
Erie
May
91
8,850
1,050
140
2,680
67,125 76 May 9
(
Manhattan Elevated... 183,300 83 May 9
etropolitan Street..
22,300 150 May 9
100 27 Jan" 9
Met. West Side El. (Chic.)
Do pref
79V Jan 15
Mexican Central
20,940 1234 Jan 21
Mexican Nat'l tr. receipts 18,400
3% Jan 24
300 107% Mar 4
Michigan Central
Minneapolis & St. Louis.
2,100 6 734 Jan 19
300 10134 Jan 7
Do pref
Minn. S. P. & S. S. Mane 10,120 15 May 8
3,220 49 Apr 9
Do pref
1,225 15 Jan 21
Mo. Kansas & Texas
2,400 37 May 9
Do pref
59,160 69 Jan 4
Missouri Pacific
Do
137%138%
105 V 107 V
50 V 61%
80 V 80%
130
Do
50 V Apr 30
82% Apr 30
67
Michigan.,
ansas City So. vot.
29 May 9
27 May 9
72 V Jan 4
27% Jan
C.stmp.
ctf.
fov22
274
100
38,710
360 L. Shore & Mich. South'n
7734 78
Long Island
108% 1097s Louisville fc Nashville.
7234 73V
•99 104
79
79
150V 151
77
77V
148% 149% 149 V 152 V 150V151%
Kanawha &
Lake
129% 131
94
26 34 26 34
53
53V
103 V 104
73
Haute..
4
138V
'i
92
1
Keokuk & Des Moines.
Do pref
•350
-92
104
78
36 V
4534 46
•16
17
-40
45
73 V 74
*100>4l00V 10038 100V 100% 100 V 100V100V
110
7534 75 34
& Terre
pref
Jan
Apr
Apr
-
72
1
.1,111
4 175 V, Jin- 5
125 Mar 2 L46%Nov2S
160 ISO Mar29 201 April
1,460 10% Jan 19 31 Aprl6
57 V Apr 15
2,3 7.". 33
Jan 2
6.600 73 May 9 101 .Nov s
3
300 115 4 Jan 1 2 124 Nov25
t.
•35
'212
214
•212 214 *212 214 ?213 213
35% 36%
35»8 36%
35% 30> 4 35 34 36
34
5
59
60%
01% 60
60
60V
59 8 61
92
92
*91V 92V •91V 92V 91V 91V
73V 73V
Do
3
168%170 34 171 174V 171% 17334 171V 172%
52%
52V 53V 52V 53% 52
52 V 52%
118 120 5118 120 •117V120
•117 120
•90
91
91
91V 91V -90
90 34 90%
*100
Evansv.
1
B
\pr22
.Mai 19 122
Nov25
.Mar
Wov29
L46
.May 9 117% May 7
« Ian 4
\ov25
300 207
pref
Ft. Worth<fcDen.
35V 85%
52V 5234
102 V 103 V
Do
5
3
.I'll.-
3,667
Southwestern.
deb.
Do
63V 64V Hocking Valley
81% 82
Do pref
140 V 141V illinois Central
39 V 39 V owa Central
76
77
Do pref
150 180
107 V 108 V
121 121
iof" 107
Des Moines <v, Ft. Dodge.
Duluth So. .Shore & Atl..
16
87
too
Di e
!
:•
MV.Mav
97
7
1
pref
&
May
1
Sep
16
.:
1,332 175
9 200
1,300 168% Jan 2 2
Rio Grande
192% 193 V Great Northern, pref...
Green B. & W., de.b. cl A
•39 V 41
•90 V 92 V
22
23%
14%
<fc
77
1
1.15,810 L34
& West'n.
41
62
62
136V 1 38 42
167 V 168 V
r
elaw. Lack.
m
O
133
352 V 352 V
75
10834 109%
355
77
77
108 V 109
So., vot. trust
Denver
*84% 90
'130
;35()
&
Do 1st pf. vot. tr. cfs.
Do 2d pf. vot. tr. ctfs.
Delaware A Hudson
Do pref
42% 42% Erie
73 V 73%
Do 1st pref
59 V 59%
Do 2d pref
3
73
73%
59 V 60
58 V 62
82
84
27 V 27 V
192 V 193 V
12,130
2,100
20 V
20 V
:l
*40
45
45
74
76V
72 '4 73 V
»130 184 5133 133
*345 355 §350 350
76V 77
76
75
107% 108 V 108% 109 V
Colorado
55
60
L
21
300
650
&
&
•49
•50
*40
62 V
*40
99
125
pref
Cleve. Cin. Chic.
St. L.
Do pref
Cleve. Lorain
Wheel'g.
Do pref
too
]i',,i:,n
pref
Do
45% 48% Denver
94
94 V
Do
61V 62% 61V 62V 62 V 64 V
80
80% 80% 80V 80
81 34
80
80 34
140
140 140V
V 141% 140V141V 140 4 141%
40
40 V 540
40
540 V 40 V
40 V 4()34
76 77 *76 77
78
*76
77 V •76
35 V 36 V
35V 35%
*21
20=8 21V
21\
21 34 23
21V 22
46 34
46
46 y4
46
46 V
45 a4 46%
45
•16V 17
*16V 17
*16V 17V "16V 17
61
Loiusv.
•J.
Chicago Term'! Transfer.
36%
14% 15%
95
1
&
Chic, lndianap.
Do pref
Do
197
20
59
59%
27 V 28 V
174 V 174 V
246
2 44
56
60
11
75
•30
•74
•46V 47
72V 73%
59 V 60
82
82
194
20
36 V
98 V
j;174V175V
242 244
11
Quincy.
169% 170% Chicago Milw. <fc St. Paul.
190% L90V
Do pref
211 213 Chicago & North We8tern
Do pref
147 147% Chic, itock lsl'd& Pacific
145 150 Chic. St. P. Minn. & Om.
99
122% 122 34
40
42 V
78
78
14 V 15%
57
59 V
26% 28
-20V 21
42 34 43 V
soo
8,600
21.500
435
2,100
1,200
A
sChloago BurL
•74
98 V
9434
1,775
I'll;
Do pre!
(lanadlan Pacific
Canada Southern
4
55% Oct
81,280
(
47% 48%
36V 36%
•49
•50
.
138V 188%
go A Easl'u lllinois
141
pref
"24% 25% Chicago Great Western..
'92
Do 4 p. c. debi
*88
89 V
Do 5 p. c. pref. "A"..
*47
48
Do 4 p. c. pref. "is"..
147 V 14S
•145 150
'194 197
20 V 20V
'i
sil
Centra] of New Jersey...
ihio
i" ake a
ISO
'.s
Jan
'-2
74V 75
169 '; 171 V
190V 190 \
211% 212
:
',
A
I
65
91
1.617
36V 36 34 Chicago* Alton
77
78 V
Do pref
.
1
Buffalo RoCh.
1'.
1
si;
25%
47% 48 V
'
1
49
*88V 89 V
2
121
L46
5180
11
18
1
121
114 V
L93
L*88%
IS'.!
170%
190V
2
1
94
89
IS
75
74
1
87
9.!'.
•88
17
75
1
22,
otte.
Nov25
Nov22
34
50 Sep 25
42 V Jan 21
7o
46,500
s;ui
<t
Brooklyn Rapid Trail
198
2.V--
•92V
89 7f
1
420 20
KlOv
L06V Halt. A Ohio, w.t.n
''';
Do pref. vol. lr.
loi h
3S% 37
77% 78%
37
1
Atiii.
180 183
48 34
1
•isv
-
1
Ai ln.r
Ann
Do )ircl
Topeka
Do ]irc(
si
si;
is
65
122
147
'
86V
47V 49V
19 ij
213
117
1
is
88 V
1
'1
120
12
10
1
181
169%170% 169V 171%
189 190»< loo 190
•210
JO
1.7
1
>
25V 26»4
92V 93 V
89% 89%
48% -ISv
129
III
'.'
7s' H 78V
78 V 78V
•193
*193
L86 138
137V L37 34
25%
»92%
74=,
96
37 V
•
47 V
U)7V
•
>
80%
67V 68H
I
l
Hll
,
122
is'-,
'i
37'.,
73
60
/
68
100%
100-'.,
lor,',
1
114 V 1 1
89
is
182
185
48%
0.x
3
HO%
96
l..
1
V
LO8 3
96
.
67
121
120 V
14 J
I
Km
V 31V
SO' 1
[02
I,
1
119
431
66
-c.;;
LOS
1
Thursday
ill n.
STOCKS
Uniliouil-.
84
84
81 ,
1
\\
Vov. 26
i
82
»ea
KM
11 11
PRICES
saI.i.
43 34J'ne21
ll%Jau
87VJ'ly
Sep
10 Jan
7 Sep
27% Sep
Dec
Mar
39
1
Dec
41 J'nelS
17 V Apr
25 Apr 30
Apr
49 Apr 30
18 V Oct 2
3% Ma) 6 Dec
23
Dec
45 V Sep 30 14% Oct
76 V Nov25 20% Mai 52 Dec
135 V Sep 27 83V Eeb 115 Dec
Dec
5355 Nov 2 2 5197 Jan
May
82VJ'ne22 47% Jan
11134.T'nel7
-
177
41
93
30
15
84
J'ik
5
Mar
Nov25 5104 Jan 115
J'ne
V Oct
180
12
HlVJ'lylO
124 V Oct 23
36VNov25
45 V J'ne
87VJ'ne
Sep
Nov25
14
47
Nov
35% Apr 20
68% Apr 19
9
Sep
94 34
Deo
116% Dec
J'ne24 143% Sep 182 Feb
24ii
Jan 37 V Apr
Nov22
Nov
Sep 18 76 Feb
Dec
May 2 10 V Jan
138VNov27
47 V Dec
72 V Dec
25% Sep
38% Jan
124VJ'nel4
71V Dec
104 V Nov
27 Apr
69 Apr
17%Dec
Dec
May
174VNov25 125%J'ne 145% Dec
57% Sep 28 11 J'ne 24% Dec
120 Sep 18 75 J'ne 110 Deo
86 Aug22
197V Apr 9
95
420
139
217
35
14183% Jan
Sep 28
Apr
1
Feb 21
J'ne24
J'ne 49
29
400
5130
5207 34
40% May 1
61%Nov25
92%Nov22
,,700 May 9
119% May 7
76V Nov29
J'ne
"s.iDec
May 420
J'ly
Jan 5135 Mar
Sep 8215% Jan
lSVJ'ue 32 V Dec
45 34 Dec
67 Jan 83 Dec
Deo
4534 Sep
67 Sep 91V Dec
22% Jan
Nov
46 May
Nov29 82V Sep 90V Dec
Oct
Nov29 57 May 69V
161V Apr 22 124% Sep 149 V Dec
J'ne 18 Dec
5
50 Sep 27
94 Novl3 20 Jan 35 Dec
103
83
86
80
J'nel7
J'ne 7
107VNov27
52
81
Nov2a
Nov25
61VNov29
Nov 7
130VNov27
55 V Jan
73VDec
49% Sep
m> V Jan
78
15
94
J'ne
Sep
49 Jan
23% Sep
26
Jan
Dec
71% Dec
39VDec
11234
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Ban Us
NEW YORK
CITY
Banks
Chemical
Bid
Ask
Citizens'
Bid Ask
4100 4200
215
Banks
Bid
Ask
.
240
410
1619 621
300
1; ..
Columbia^ .. 340
Commerce... 375 385
City
Colonial
250
Bid
Banks
&
Trad. 565
195
Irving
Leather Mfr. 250
500
Liberty
900
Lincoln
Imp
First (new)
770
14thstreet1|. 165
Ask
Bid
Banks
Mt Morris!!.. 150
I
575
Mutual"!
185
190
Nassau!]
New Araster 1400
1
Ask
......
Bid
Banks
People's!]
Phenix
.
.....
Plaza!
250
lis
500
160
210
45"
Prod Exch'
1500 ...... Riversideli ..
Gansevoortl
390
205 ...... Seaboard
310
500
...... Manhattan'
Garfield
675
Second
320 340
Market cfeFul 250 265
..... German Am" 140
Corn Exchli. 120
Seventh, new 125
150
19th
27"
Ward!.
285
German Ks' 325 350 Mechanics'
East River. 155% t
430
Shoe <fc Leth. 111)
100
Ninth
Mech & Trail 150
...... GerniamaV .. 500
11th Wardli 150
145
500
...-- State';
North Amer. 250
Mercantile .. 265 285
Greenwich
175
Central
205
195
Empire^
185
State
of NYU 240
......
Oriental!
175
Hamilton! .. 160 175
Merch Exch. 150 160
Century 1;..
225 250
Fidelity!] --165
200 ...... 12th Ward!]. 110
Paciflcl]
Hanover
695% t696 Merchants'.. 190 200
Chase
r'ltth Avc^ ... 3250
700
23d Ward' .. 110
Park
600 625
Hide & L'ath 150
Metropolis V 650
Chatham .. 335 V
Fifth..,
325
and rights.
dividend
ii.iuks.
Ex
a
* Bid and asked prices; 00 sales were made on this day.
ite
1
a
Ex:
r
Lgnta
Leas
Biiau
shares.
LOO
"I
\
s Trust Co. certificates.
were made as hiirh as 1000.
Stock "cornered" salesfor 'cash
J Sale at Stock Exchange or at auction this week.
American
530
Amer Exch.. 290
700
Astor
300
Boweryn
Broadway... 420
Butch's <fe Dr 135
...
14(1
130
.
New York Co
N Y Nat Ex.
New York...
.
.
.
t
||
Ask
130"
1*70""
126""
November
STOCS
.Voi
••11
3
'4
1
1
2
1
ST
111' :lll
S
Monday
Saturday
.
11%
%
11%
82
-
71%
72
71
1
%
22
•81
Hi
52
ill
.
61
Dl
',
71
84 '!
iH U
4
hi
,
42 %
12
u
80%
•',
108
106%
%
ill
21
1
-..
Si
39
19
10
19
51 78
."-
1
»80
v
2i-',
51
80%
8%
3»s
%
14
20
29
85
60
108
152
,a
21%
80
22
21
43%
43
210 8190
79% 86 %
•190
3 Hi
3H
29%
j
86
25
28
208% 208% }2O0
42
9
19
HI
62
531
21
52
20% 26%
63% 63%
20% 20%
2H
*17
40% 40%
31
89 ^
8
6
»24% 25
Hi
82%
88%
•jo
24%
24
-0
8
Hi
45a4 471.,
47
40
•97 Hi 90
98 Ha 96%
*
•
41%
42
*86
67
'•s't';"
89
120 123 Hi 120% 123
•115Hill6H! •115% 110
-98
•98
09
99
146 146
18%
18
17Hi 18%
77% 78
78% 70
34
34% 33% 34%
•210 214 '200 214
148
93%
130
Hi
92% 92%
•128
130
13
28%
30
26SI9
41
102%
20% 21^
76% 77
91* 91%
8
43
48% 48
•86% 88
•92
•101
91% 91%
7% 8
41% 41%
48% 48 %
....
87
•92% 94
-104 ....
11
-8% 12
94
87
Ml
'18
;;i
2
%
1
46
47
97% 98%
43
44 Hi
87% 87%
«216
4%
10%
15*8
219
4%
96
46
44%
97% 99%
43% 44
87% 87%
«216
4%
219
4%
4
13%
29
29 H
85%
85
• 1
04
20
48%
30% 81%
30%
88%
88 Hi 60',
6
6
-24
25
45% 45 H2
07
97 H
*80
64Hi
*35
5
65%
4%
65
82
4%
66%
37
•14
15Hi
73% 74%
•92
95
•90
95
12% 13%
82% 83
15% 15%
12% 13>4
82% 82%
15% 16
52
52
52
42% 43%
92% 93
52
42% 42%
92% 93%
61 63
68
»121% 123 *121%123
*190 200
185 200
91
91% 91% 92
*61
.
v.
\ <ii.
1
1
17
Ma)
1
17
Apr
19
Jan
21
1
M;i\
otfs
tr.
Sapid Transit
[•<•!
70
Pacific
11
.
*51
20
80*,
45% 40%
98% 98%
215
214
1
92
02
130
92
•128
92
130
7%
Do
'•_
w
m
Q
19%
219
Q
118
Amer. Smelt's & Refln'g.
8
48%
87% 88
•92
-104
48
39%
•90
•94
8%
43%
97%
42%
86%
48%
48
218
•4%
92%
96
40% 48%
99% 100%
43% 43%
86% 86%
10
•75
•31
•81
•75
31% •31
82
82
64%
35% 35%
14% 14%
36
77
31%
82%
•90
•185
145
145
157
10%
30
15
74% 74%
4110
1,58
70
95
1,000
pref
pref
100
Jirake
95
200
Aprl3
167% Sep
898%.
1
J'ly 12
2
Jan
j
i.28"
70
1
J'ne
\pi
Jan
6%'
Jau
9
<4
1
Maj
21% Dec
2
ly
S< p
Jan
Ocl
117
Ma>
Jan
Ma]
Dec
Apr
61% Oct 10 84
Mar21
Mar2
J'lylS 175
Feb 14 108
J-1H-15
3
(let
50
Dec
Nov
Nov
% Nov
,.'
Nov
J'ne
10*,
29% Dec
77% Dec
Dec
M ay
Jan
Jan
18% Ma>
Jan 100
0% Jau
411%
J'ne
79 % J'ne
23
1
Dec
Jan
',
3% Aug
70
05
06
J Vv
60
14%
''28"
N.,\
81
58
24
Marl4 25%Jn. 12
May 16 93% J 'nel 3
73%
800
96
% Au
5
1
83
1
32% Oct
69% Oct
Nov
Feb
i eu
Feb
00 % Feb
40 Nov
70% Nov
Nov
Sep 175
Apr 26 112
30 '..May 9 49%Novll
25% J'ne 57
21 120%J'nc21
81% Oct 111% Apr
lau
30 -Mar 7 52 Jan 2
70
1,17(1 72% Mar 5 89
20
Apr
480 195% Jau 21 225 Oct 17 176 J'ne 204 Dee
M al% Aug
3,570
1% Apr 22 .".', May31
io % Mar
7
Mar20 12% Mav2 7
100
7-'i
%Sep 13 24 J -ne 17
7,500
8% J'ne 27% Feb
49 Aug 7o% Feb
6,700 55% Jan 21 82 Apr 1
2,000 2 1 % Oct 4 38% May 2
200 70% Sep 30 90 May 2
800 19% Feb 6 11% Apr 2 17% "et 26 Nov
Nov
300 65% Jan 22 86% Apr 5 59% J'ne 71
4 "...Mar
10% Jan
3% Mar 6 8%J'nel3
253
104
Feb
Oct
49
20,r.oo 40% Mar 7 76%J'nel8
Dee
800 19 Jan 15 42 Apr 20 13% J'ne
200 12 Apr 12 19%J'nel7 10 J'ne 25 Feb
Feb
1,000 66 April 75 J 'nel 7 56% May
\prl9 }45 Mar
§53 Jan 20 100
in
Jan
J'
19
May
7%
May
2
7%
16%
271280
65 J'ne 79% Nov
k.ug28
6,359 69% May
34 Jan 2 21 J'ly 44 Jau
1,57c 12% Oct
65
Jan
2
74% Dec 104% Jau
600 47 Oct
55
Apr 30
111,280 21 May
nu - \pr.;n
125,645 09 May
&
Coal, Iron
BB...
Pacilic Laud Trust
Union Bag & Paper
pref
United States Express. ..
11
157
ne :; 96% Mai
Jlyl!. 107 Mai
100
8,900
43,385
2.6KI
95% Jan
•
-
Pullman Company
Do
Jin
85
5
:i
Quicksilver Mining
Do pref
Republic Irou<& Steel..
Do pref
Texas
lie
.!
1,346 138
new
pref
-1
ne2n
nel
Oct 12 22 Apr 10
Jan 21 46 May 3
an 2 103%Novl8i
37
92
16
81
23
210
eop. Gas-L.tt C. (Chic.)
Pressed Steel Car
7
Ian
Jan 24 89 001 16
Jan 18 05% J'ly 8
Jan 21 106%Novl2
74
1,30(1
12% 12% United States Leather
82% 83
Do pref
16% United States Rubber
63
Do pref
52
42% 43% United States Steel
92% 91
Do pref
•61% 63 Virginia-Carolina Chem..
Do pref
180 200
Wells, Fargo & Co
esl'u Union Tele'gph
91% 91%
148% 149 We.st'gh'seEl&MfgaSM
Do lstpref
91% 91%
145% 150
91% 91%
11
•90
94
12% 13
82% 83%
15% 15%
•51
52%
42% 42% 42% 43
92% 92% 92 % 93
•61% 63
•121% 125
200
4%
16
*85
15
12% 13
82% 82%
15% 15%
185
3,600
8
Pacilic Mail
:
18%Mayl0 28 Mar22
Jan 21 81% Sep 10
54% Jan 2 100%May31
5% Feb 7 II Jau 5
33 Apr 25 42 -X„v21
24% Jan 22 49 Xovl9
Louis).
Co.,
20
-ell
Mario
A]irl7
7%
J'ne
3
69
900
pref
North American
04% 06% Tenn.
36
15% 15%
•72% 74%
74
94
219
-9
l.i
00
Apr 20
I
450
(St.
1
J'ne20
J'ne25
8
30
69
0%Gct 14 10%J'nel8
850
920 23% Sep 13 34% Nov 9
11(19
04
24% Get 16
L3J800 153% Jan 10 281 % Xi.ejT 120
May 2 44
1,075 37 Oct 24 65
550 93% Mar 5 107 Ang 5 92
8,570
2,250
69% 70
20% 26% Uubber Goods Mfg
77
77
Do pref
31 31% Sloss-SheUield St. & Iron
•81
82
Do pref
-4% 5 Standard Bone & Twine..
-4% 5
64% 65%
4%
65 H<
74
•90
•4%
69% 70
25% 27
78
4%
*216
4% 4%
11
10% 16%
34% Dec
% Oct 23 25%J'nel7 ll%Jii( 21
201
Jan 18 235 Aprl5 H64
6,525 157
100 93% Jan 2 124 j'nelO 7o Maj 95
530 127% Get 10 152% Ang20
pref
New York Air
Do
I..
12
12,000
NationalSalt
154
94
Api
Apr
J'ly 9
J'ly
M|\ 19
I
International .Silver
Do pref
Internat'l Steam Pump..
Do
Dei
Apr
ni
-\n\
I
Glucose Sugar Kenning..
Do
2
30%Nov29 54% Apr 16
100 175 J an 18 228 Apr 16
MarlO
4 If,
8% Jan 19
2,000 41% Jan 2 I36%j'nel7
100 116 .Mar 19 !42%Apr20
1
87
J
Nov25
41% Maris
Uar22
70
12
'85
72
30
46
13% Mali:.
Mar22
4,93
2,210
pref
las & Elec. of Bergen Co.
General Electric
Do
25%
I
21,iMHi
Do
Iaclede Gas
l
J
Oct lo
i
Diamond Match
Distilling Co of America.
Do
ui
2
'ln:17
Jan 5
9
j
102% 102%
Do pref
18% 19 National Lead
-9
J'ly
804 Jau
16 %-Xov
110 137 Jau
Manhattan Beach
42% 42% National Biscuit
154
94
80
101,600 112% Oct 7
1,100 114 Sep 30 130
CJ Do
J
•8
98% 100%
43% 42% 42%
87
387% 87%
219
218% 218%
4%
95
• 102
12
99
11
49
•80% 87%
96
44% 48
44%
8%
8
Jan 19
J
I
•92
96
30
277
40
100
07
\pr -2
90
Do pref
20% 21% Internal lonal Paper
70% 77%
Do pref
91
91
nternational Power
100
87% 87%
•92
•100
•8
94
....
'8% 12
*42% 43
281 %
20% 20%
70
70%
91% 91 '4
8
42
8
42
48
•25
274
39% 89%
91% 91%
8-8
32% 82%
4
.i
88
26
73
pref
pref
(
8%
8
.;..
,
Colorado Fuelifc Iron...
pref
19% Col. <fe Hock. Coal it Iron.
220
onsolidatedGas (N. Y.).
Continental Tobacco, prel
•127%....
•31% 33
$97
03%
130
r_:;
Jai,21
I
pref
1
03
•125
\ i>
Sep 30
10
19
1% Mac
Apr
.1
1
pre!
Do
130
-j:,
22%Augl3
83% Oct
4%
22% May 3
99 American Tel'gll <Sc Cable
American Teleph & Teleg
American Tobacco pref...
18
L8% American Woolen
80
80%
Do pref
30% 32% Anaconda Copper
'210 215
Brooklyn Union (las
11% 11%
runsw. Dock & C. mp't
w
>
•25
275
5, p
Ool
97
130%131
30
208 275
40
40
•96% 100
20 Hi 20%
•76
70%
%
5% Jan 21
31 Jan 2
124% 127% American Sugar Refining
117%
Do pref
19% 19%
220% 220%
•115
8i p
Jan
Nov25
117
$10% 10 14
130
.;o
91%
85 Apr
«1U9 Jan 12 210 Kovl9 }142 Mai
pref
Do
25
49% Apr 17
17
A pr
.
Jan 8 }200 Novl9 111
62
ajnerioan Locomotive...
Mar
in 17
.1
Jan
..
31
i.
Hi
1
2
•)
S
\(,v2'.i
pref
Do
J'.
111
20
52
46%
5
99
i 97%
90
214
1
1
5% American Malting
•2i
•142% 145
18% 18*4
18% 18%
70 '4 70%
70% 79%
32% 33%
32% 33%
210
24
Har28
1
Ajnerioan Linseed
66%
89
5%
•96
ilai'J5
May
% Jan 21
Ajnerioan ice
Do
B
.Mhv
38
-.
hii
pref
in-, in Express
64
l6%J'ne21
16
1
I
Aim
26%
17
:;
1
Erie...
American Grass Twine
23% 24%
99
Hi .i.iii
Jan
Jan 31
Do prof
American Car <fc Eoumlr.\
Do prat
Aim lean Cotton oil
1
.i.hi
:•
1
l
123 125%
110% 110% 110%
16%
69% 70
24% 24%
82
,
(N.
\\
American Bicycle
85
'a
123*4
'4
-97
16%
70%
-4*8
%
.1.111
16
J
Do
121
110
%
20
American Snuff
16
69
31%
2
5,
16%
77
>
-
malgamafed Copper...
208
10 'v
77
*31
•81
<'ii v
n
otto..
tr.
Pacific
A
I..
pref.
111
Union
1
4
4
85
*9
31%
Hi
•203
11
24% 25
31*4
2
MHO
200
86
910
43
20% 20 '4
•03
64
•16
20
40
51
26% 26%
1
"i. It. Otis
\
v< n in
I
Do
43
*9
68 Hi 69
n A
« in
otlnn
1 Hi
86
'4
43
% Jan
I
•1 1
prel
St
1
Wisconsin Cent. \
Do pret vot. tr. etfa
42%
Miscellaneous.
200
Adams Express
2
42 '4
•42% 42%
4 2*8 43
42
102%102% -102% 104 5104% 104%
*102%103
-19
•18%
*18%
19%
19% •18% 19%
19%
•85
•86
88%
87
88H2 •86
-50% 51
69
63% 63% "62
153 153
155%150% 156%156H? 153 155
95
In
\
sl<
Co
lin
put
\\ abash
'' l'H put
19
Wheeling a Lake
Do 1st pre!
30%
Do 2d pref
39 %
>•
28%
'4
30
204% 209
-40
41
99
97
21
21
76% 77
1
200% •207
15% 16
16% 19
18% 19%
219%221% 220 221% 220% 221
*116 117* 110 110
•135 140
186% 186% §134 134
7% 7%
7% 7%
8
*32
31% 32 Hi 31 Hi 33
33
•25
I
1
Tul.
81%
1
*63
-15
48
2
f
«
Pacific
..
h
'.
l..;i
42% 43
•190
20%
,
1. in
l-
'
80%
Hi
1
108
40%
100
42
4f)
•I
120%
20
90%
21%
43%
90
'4
*
',
1
13'.
30
42
120
40
•8%
pi
Do
168
103% 104 Hi
81
Hi
pi
'•
Do
•ill
40%
1
>l
1
Southern
Southern
22
18%
J/i'j
'
2d pi
Louis .^ >.ui
ij
1,1
168
00% 0O*e
•
!
I
.
2d pi
8t Louis Southwi
-107'-.
102% 104%
2 1',
.,.
'"
1
'
82
20%
66
108
162
60
210
L20
20',
,V2
28
•39
I
A
.
-
N
\
liu
11%
10%
43
200
*25
203
"40
.1
.
II
I
In,
120%
ld.S'.
80
ai%
42%
93
•128
SI
28%
20',
20^.
103% 104%
i'0% 91%
21%
36% 39%
•146
%
60
v
121
20%
•21
32
89
fOBK
\
i
28
'
12
%
120
1
LOU
ll'l'.|
"206
11
uc.
1.1 "e
1
2
28 Hi
61
84%
34%
107%
1
.\
urtday
?-'
30\
00%
;).i
1%
»190
83
'1
09
20%
91
80
/
St.
%
30
111
•10%
Oil',
•21
62 %
82
A'o<
11%
mi
23 %
"a
Wednesday
itesdau
Y01 90
1147
9MM K-
.i\/> /.oil ES
1
-
•21
•
Stock ReOOrd— Concluded— Page 2
30, 1901.]
1
1
r
Mar30
Ang30
72
110 Apr 26 125
L30 Jan 11 195
Jan 21 100
9,839 5i
Nov26
1,600 115
N
157
100 157
51
J
1\
12
•
l'JO
'
i
May
J
n.
J'ne
i.
Deo
Jan
X.^.".
BANKS AND TRUST COMPANIES-BROKERS' QUOTATIONS
Banks
NEW YORK
CITY
Union
i
Sail...
kH
\\ ;i~1illlgt'n1
Banks
Bid
300
225
200
West Side',... 000
Western
630
Bid
BROOKLYN
Ask 8th WardU 5th Avenuel, 100
Fust
Kings
(
•
.'
...
Manufaeirs'.
Mechanics'
Mech & Tra*
Merchants'..
.
295
130
265
215
2 70
100
350
290
175
200
Ask
Bonks
Ask
Bid
85
110
BROOKLYN*
17th WardU.
Sprague
20th Ward',.
Union'
300
WallaboutTl
.
125
Trust Co's Bid A sk
C'lB'tyBATr 500 630
(
1925
entral Tr'sl
200
213
City Trust... 366
140
140
105
100
Continental
(
'(.lonial
.
370
460
-\
V
-\
^ 5ee.'
'
'
il'Kl
l.lli.v
l
i
i
1
1196
1350
Nortb Amer. 246
ii
Tr'I
Askl Trust Co's
1195%
1
BROOKl V.V
Bid
Brooklyn Tr
i.mklin
i
I
i
\s
n. ui.
5
i
270
M ami
M
mi States
.
1
690
ashingtoD. 110
310
Haiiiilleii
'
......
AMk
17o
290
Platbush
1
1
I
i
Co%
Farm Lo&Ti loo l.-.ini StandardTr'l 400
..lh Ave Tl looo 1050
Tr '« ni Am
..
240
Guaranty Tl 700
kmcK. rii'k'r 715
Trust Cos.
BROOKLYN'
Nassau
Manhattan .. 475
N. Y. CITY
BedfordU .... 225
M eiianlile .. 75
Nat City....
Broad waylj.. 250
North Side'
Atlantic Tr. 275
Merchants'. 360
285
Brooklyuli .. 120
ii
People'sll
Metropolitan 520
Bowl'gt
D
95
* Bid and asked prices: ao sales were made on this day.
Less thau Li
? F.s rigiii
1 Sale at Stock Exchange or at auction this week.
s Trust Co. certificates,
Yorkvillelj
TriiMl
MortonTrnsI
I
220
.ii
l'e.ipl.
Willuunab'fc'.
209
!15
1
i
with a paragraph
{%)
are
sute bauks.
New York
Exchange— Bond
Stock
Record, Friday,
Weekly and Yearly
OCCUr VIMi FOUR I'AUES
13
BONDS
\\
I
ENDING X()V. 29
1KB
consol registered. dl930 Q-J
consol coupon
(11930
yoonaol reg small. .1
oonsolooupsmall.dlOSO
U s 8a registered
S 3s coupon
Q-l<'
ga reg .small bonds. .amdis
S 3s con .small bonds. ./i"19 8
S 4s registered
h 190
=1.1907
S 4s coupon
S 4s registered
1925
S 4s coupon
1926
S 5s registered
1904
S 5s coupon
1904
g.j
V 8
U
V
V
V
V
V
V
Aov.
J.ast
Ask Low
1
(
or
Am Dock
108% 103% 109 Oct *01
io8%ioo% lOOMNov'Ol
4l05
105 3
07 \ Oct '01
KiS'aNov'Ol
JOS', 1U9
1
108% 09
1
3-JT
Q-J
Q-J
3-F
3-F
Q-F
4
Frankfort-on-Main 3 "12s ser 1 M-S
91% 92% Ol^Oct'Ol
These are price s on the ba sis 01 four marks
V S of Mexico s f g 5s of 1899 q-j
96 Apr'01
u hese
State Securities
A4
class
Class B 5s
Class
C
1906 j-j
loot j-j
L90I j-j
1920 j-j
to 5
4s
Currency funding 4s
Dist of Columbia 3'65b....192*
Louisiana new consol4s..l914
Small
Missouri funding
1894-1995
North Carolina consol 4s. 1910
68
1919
So Carolina 4 =as 20-40
1933
Tenn new settlement 3s. .1913
Small
Virginia fund debt 2-33...1991
Registered
,
FA
J-J
j-j
j-j
A-O
J-J
J-J
J-J
J-J
are pi
108%.
107%.
103
109
on
OS's Oct '01
Hi!) '.(Oct
.
'00
126 Oct '01
107
107
109 !a Feb '99
Sale
106
134
106M
106m
fly '01
"95" .118
99
99
L20
!IU>4
:
>
4
95
98 34
Mar'00
98
Oct '01
Nov'01
7 14Ana'01
O"
Knilroad
Alabama Cent see So By
laba Midi See Sav Fla &
Albany ds Susq See Del <& Hud
Allegheny Valley See Pen u RK
Alleg & West See Bull K & P
Am Dock<fc Im See Cent of N 3
Ann Arbor 1st g 4s
/tl995 Q-J
AtchTdi 8 b'egeng4s...l99.. A-O
W
1995 A-O
Registered
Adjustment g 4s
'(,1995 .\o\
Registered
h.1995
Stamped
Equip tr series
=il99f
A g 5s.. .190:
Chic & at Louis 1st 68.. 19 15
Atl Knox & Nor 1st g5s.. 1940
Atlanta & Danv See South Ry
Atlanta & Vadk See South Ry
Austin & N
See Sou Pacilic
Creek & S See Mich Cent
Bat
alt& Ohio prior lg3 =38.1925
Registered
hl'j
90%
103
102
93%
to
91=a 91=8
ne do liar.
96
ui
97=4
$6 to £.
108
4 95
97
103 m 161 llll'rt
102
5 101 34
65 86S4
94
95 MayOl
94
93 Vj
93 34 "38 90
10278
192
93 14
108
J-J
Q-J
1911 M-S
PJun&MDivlstg3=asl925 M-N
Registered
Southw Div
May'01
108
105=4
104
99
95
96 34
108
96% 97
97 183 94 =2
95 4 96 m 95 Oct '01
95=2
95
104 Sale 1U3=8 104
96 99 105
102%
103 Nov'01
100=8104
105 34 Sale 105 34 109 463 100=a 110
90 "a Sale
90
90^ 68 87=a 91=4
=
91%Salb
Q-J
Monon Riv 1st gu g 5s. .1919 F-A
Cen Ohio R 1st c g4=as..l930 M-S
Beech Creek See N Y C & H
Bellev & Car See Illinois Cent
Bklyn
Bruns
<£s
&
Buffalo
Buffalo
Montauk See Long
West See Sav ffl <fe
CR IF&N
Wlstgu5s.l921
M& StLl8tgug7s
1927
South
C'anada
1st 5s
>2d 5s
Registered
Shawn
190b
1913
1913
Cent
N
N
of
Ga
RK
1st
g
'
1 at pref income g 5s
2dpref income g 5s
3d pref income g 5s
Mac & Nor Div 1st g
May'00
Nov'01
Registered
M-S
112
118% 120
118 34
1'.'
J-J
128
130
Nov'01
103
127
131^ 129
Apr '97
100
Nov'99
....
A-O
A-O
Oct '01
Nov'01
J-J «100 14l0234 101 Nov'01
J-D 10638 10712 106m 106ia
A-O * 122 ia...
124
124
A-O
117 Nov'00
A-O lUia.
113ia Dec'00
J-D
J-J 107ia 108 107>a 1071a
M-S 109 110 109=4 109m
M-S
107 Aug'01
93ia
96^2
103
120 4l22
92iaNov'0]
103
l
J-J
J-J
J-J
M-N
J-J
7(1987 Q-J
34 l4 Sale
20 ! 8 Sale
Nov'01
Nov'01
31
35
17=4
20=a
95
102
106
102
V
131=4.
129
.
.
7s*
1902
1903
lStC&M7s
Chic Mil & St Peon 7s.. 1905
Terminal gold 5s
1914
General g4s series A..el989
Registered
el989
Generalg3=2S series B.cl989
Cliic& LSuDivg5s....l921
Chic &MoRiv Div 5s... 1926
Chic & Pac Div 6s
1910
Chic & P
1st g 5s
1921
Dak&GtSog5s
1916
1924
Far & Sou assu g 6s
Div 1st 7s
1910
Hast
1910
1st 5s
1908
I«fc D Extenlst7s
LaCrosee&D 1st os
1919
Mineral Point Div 5s
1910
1910
So Minn Div 1st 6s
Dec'99
J'ne'99
106
Oct '00
102=8 Nov'01
131»8 Nov'01
129 =a 130
Conn
Ry«i;
106=sNov*01
110 Jan '99
J.J
J-J
M-N
F-A
F-A
113=2 117 |114 Nov'01
99
99=2 102 =2 Oct '01
101=4
101 Sale 101
9o =a
90
90 Sale
115
118 34
127
128
130=4
131
101 101
104 =a 108=4
119=a 127=2
101
Ry Co 1st con g5s.. L93( J-J
Market St C Ry 1st g 6s.. 191:. J-J
St Ry gen col tr g 5s. 1997 K-A
Bway&7thAvlstcg5s 194: J-D
Registered
General gold 3 =2S
Registered
Sinking fund 6s. ..1879-1929
Registered
1879-1929
Sinking fund 5s.. .1879-1929
Registered
1879-1929
Debenture 5s
1909
Registered
1909
Debenture 5s
1921
Registered
1921
1933
Sinking fund deb 5s
Registered
1933
Des Modi Minn 1st 7s.. 1907
102 \ 103
109
Met
No price
119%
121
-
101
=4
Sale
102 3
4 Sale
86=4 Sale
8638
86=2
85=a
117
119
122
.01
108 34
103
121
103
,07=8
103
99
J
100
.
102=3
10238 10534
87 \
86
86=8 117
83>a 87=a
94
J
J-J
FA
108=4
107<%.
104''.}
F-A
101 as
A-O
A-O
112
103%
M->.
'a
104=4
110 5B 111
M-N
M-s
M-N
M-S
J-D
106
108=4
J-J
J-J
J-J
Q-F
J-D
J-D
F-A
F-A
M-N
Q-F
A-O
A-O
A-O
A-O
M-N
M-N
A-O
A-O
M-:N
M-N
4
102=2
104=»
115=8
107
101
1 01
109 =2 Aug'01
3
109=2
4
1003b 1003b
114
-
110
113
H2
112 34
113 34
138
109
109
120 34 Nov'01
114
114
137=4 Nov'01
108
120
112
122 >a.
121 =2 Nov'01
112 34 125
124=2
113=8
124=2 Nov'01
115 126=8
lOO^e 114=8
115 34
115 "a Nov'01
113
117
189 =4 Oct '01
172'sApr'Ou
183 Oct '01
187
Sale 187
114=2 114=4 Nov'01
112 111=8 111=4
105 ia Feb '9s
180
192=a
109
Sale
.121
,
J-J
J-J
109 7a
101 % Oct '01
103 34
103 34
115'8 Aug'01
1 0338 Nov'01
110=4
110 3 j
10038J'ne'01
J-J
J-J
J-J
J-J
J-J
Q-J
J-J
J-J
J-J
>b
:
A pr '01
A-O
M-N 1228b Sale 121 34 122%
115 Aug'00
M-N
187
na' 4 oct
118'8
120
117
119
114
'o:
118%
118 34
121=4
121=4
126
U6=a....
110 ....
116=all7=2
116 ....
118 ....
117 ....
120 ....
190
194
lll'alisaa
110 114=8
116=3121
118 122 34
116 119
116=2122
111 34 11614
137=2 J My '99
12334 Oct '01
110=8 May'01
185 Oct '01
117=-.
Oct
120 34 126=2
110=4 1101-2
188
117=2119
108 llO'a
11478 119=2
113 1174
11638 120
116 119 38
118*4122
'01
110=4 Nov'01
117=8 Nov'01
115 34 Oct '01
118=8 Nov'01
116 J'ly'Ol
118 34 Sep '01
142=8 140
106
106=8.
115
140
127
183
116 58 Oct '01
119 Nov'01
114% Nov'01
133
124
110
115
128=4
139 34 142=8
104=a 108
104 34 108
108=4 112
Oct '01
Nov'01
Nov'01
100
108 34 110=4 110=4 110=4
107 109=3 107 Mar'00
111 Oct '01
108=4....
103 Nov'98
115>all7 116 Nov'01
111 Oct '00
'.'."'.
107 Nov'01
i.08"
10738 May'01
108 110 110 Aug'01
110 108 Oct '01
114 34 Oct '01
i'l4=4
114 Oct '01
121=4 124 121=8 Nov'01
123 May'01
121=4
109=4
HI
113=811634
100 34 110=8
1073a 1073b
108 110 34
108 108%
11434 117=4
114 114
.
121=2 125=4
122
123
113
113
F-A
113 Jan '01
11078 Oet'01
110=4 Aug'01
110 ....
120 =s Nov'00
118=8....
13578 136 34 135 =a Nov'01
126=sl27 126 34 Nov'01
139=8....
143 34 Apr'01
140 Sep "Ol
140=8....
107 "a Feb '01
100=8....
13 Apr'01
30 Nov'01
128 =8
s
127 8 129 =i 2 s =2 Nov'01
06 7s 107
100 7sSale
109=4....
110=4...,
110% 111
110=4 111=4
135=4 141=4
123=8 127%
143 34 143 34
138 58 143
107=8107=8
113 113
127=4 131=8
126=8 132=2
105 58 110
105=2 108
99 % 99
;
106=2 1061-2
9978 Feb'01
86=4 Aug'00
97
Dec'00
109=8.
111% Aug'01
110=3112=8
141=4
188»4
140=2.
141=4Nov'01
138 34 Nov'01
140 Mar'Ol
123 Nov'01
134=4142
134 140=3
140 140
127 132
.
.
129
.
on Next Page.
Col&9thAvlstgug53.1993 M-S
I.exAvA- PFlstgu g5a
M-S
iii" lis"
100=a 105=8
98 103
88
95
100 '2 101
Loiiaios"
Mar'98
119=8
120
|l2l=-jX"V0l
Friday; latest bid and asked this week,
J
I
113
115
119
116
Street Railway
103=2 110=2 Met St Ry (Continued)
J'ue'00
103
103=4 100
102 105=8
N
Met
W8
El (Chic) 1st g4s.l938
Mil El By tt L 30-yr g 5s.l926
.Minn St Ry 1st con g 58. .1919
St Paul City Cab con g 5s. 1937
Guaranteed sold 5s
193'
Third Ave 1st gold 5a
1st con guar 4s
2000
L" ji mil El (Chic) 1st g5s.,1945
\Y
hie St 40-yr 1st cur 5s. 192s
40-year consol gold 5s... 1930
1
Louis
'
100% Nov'01
95
1
102'a
873s
102 34
1st 6s. .1905 M-S
105 "a 109
North Illinois 1st 5s.. ..1910 M-S
107 111
Ott C F & St Paul 1st 5a 1909 M- S
100 34 108
Winona & St Pet 2d 7s.. 1907 M-N
Mil L S & West 1st g 6s 1921 M-N
Extdi Imp s fund g 5s 1929] F-A
Ashland Div 1st g 6s. .1925 M-S
Mich Div 1st g 6s
1924 J-J
Convertible deb 5s
1907 F-A
91
95
1911 M-N
Incomes
Chic Rock Isl<fe Pac 6s. ..1917 J-J
1917|J-J
Registered
96 103=a
.19
General gold 4s
19881 J-J
122
Registered
1988 J-J
DesM <fe Ft D 1st 4s. ...1905 J-J
47 97=4l08 34
1905 J-J
lst2=as
105=al05=a
1905 J-J
Extension 4s
10 2 60
bi\
316 20
Keok & DesM 1st 5s. ...1923 A-O
36=2
Chic & St L SeeAtchT&SaFe
8
21
209,
Chic St L &
O See 111 Cent
Chic St L & Pitts See Pen 11 Co
CliicStPM & O con 6s. ..1930 J-D
102=8108
Ch St P <fe Minn lstg 6a 1918 M-N
Nor Wisconsin 1st 6s. ..1980 J-J
851127 137=8
StP& S City 1st g 6s. ..1919 A-O
3 127
137
J-D
Llst&reig4=s(S'51 J-J
101=4
Milw& Madison
J-J
Ben ConTrCo 1st g 5s... 933 A-O
Den Tram Co con g 6s.. 191! J-J
Met Ry Co 1st gu g Os.. 1911 J-J
Del Cit StRy 1st con g 5s. 1 905 J-J
Gr Rapids Ry 1st s'5s...a ion J-D
101=4
J-J
J-D
1913 J-D
1915
1902
1902
1886-1926
1886-1926
1987
«1987
J'ne'01
Apr'nl
Nov'00
Nov'01
Sep '01
Apr'99
6s. ...1910
& Northwestern
121
103
io6"*!!!!!; 103
104=2 1 Ml
105=4
99 >a 101>a 99
105
101 '4
&D
1st consol 6s
Nov'01
Nov'01
120
M-S
J-J
J-J
J-J
J-J
J-J
J-J
J-J
SouthwestDivlst6s....l909 J-J
Wis & Minn Div g 5s. ...1921 J-J
Mil& No IstM L
MO'a
io^Salfc" 107
J-J
StPlst7s$gRD.1902
M&
1st
gold RD
us
MS
3=88. ..1950
Railway 1st Hen
114
119=4 120=2
m-.n
M-S
M-S
M-N
M-N
A-O
A-O
MISCELLANEOUS BONUS—Continued
A-O *106
-<>
Greenbrier Ry lstgugls '40
Chic& Alt RRsfund6s..l9o:i
Refundingg 3a
1949
MissRivB lstsf g 6s. .1912
Extension 4s
J-J
F-A
J-D
A
M-N
1.
A Div 1st cong 4s..
2d consol g 4s
19
WarmSpr Val 1st g5s..l9ll
Ellz Lex& B S gu g 5s.. 1902
112
A-O
y>1945 Oct
j;1945 Oct
Street Railway
Brooklyn Rap Tr g 5s
1945
Atl Av Bklyn imp g 5s.. 1934
Bk City 1st con 5s. 1916, 1941
Bk Q Co & S con gu g 5s. 1941
Bklyn Un El 1st g 4-5s. 1950
Kings Co El 1st g4a
1949
Nassau Elec gu g 4s
1951
City & S Ry Bait 1st g 5s. 1922
1
Rtfc
Consolidated 7a
F-A
:2
#1945 F-A
1945 M-N 107 Sale 106=4 107
105 >2 Sep '01
1945 M-N
73
pl945 Oct
76 34 Sale
76 34
5s. 1946
Ga& Atl Div 5s 1947
Mobile Div 1st g 5s
1946
Cent of N J 1st consol 7s.. 1902
G cneral gold 5s
19S7
1
Registered
General gold 4128
Registered
Craig Valley 1st g 5s....
Chicago
&H
Mid
al91
939
L939
1992
1992
1st consol g 5a
Registered
5s. .#1945
Registered
Consol gold 5s
Registered
GoldOs
Gold 7s
See 111
Carolina Cent See S ea b & Roan
Carthage & Ad See
X
Ced R la F &
See B C R & N
Cen Branch U P 1st g 4s. . .1948 J-D
Cen Branch Ry See Mo Pac
Central Ohio See Balti & Ohio
Cen
B of Ga col g 5s 1937 M-N
Cent
111
112
90=a 91
W
N Y & Erie See Erie
K & P gen g 5s.. .1937
RR &
91^ 274 88 ss 92
1
1947
All & West 1st g 4s gu..l998
Ol & Mahlstgug5s....l943
Roch & Pitts 1st g 6s... 1921
Consol 1st g 6s
1922
Buffalo & Southwest See Erie
Buffalo <fc Susqu 1st g 5s. .1913
Registered
1913
1st refunding g 4s
rfl951
Bur Cedar R <fc No 1st 5s. 1906
Con 1st & col trust g 5s.. 1934
Registered
1934
ds
90 78
90iaJ'ne'01
/(.192
Debenture 6s
Carb
90=3
97 34
110 34
112
'01
'
109
pl925
1st g3=as... 1925
Registered
Bee So Pacific
1st g 7a.. ..1986 J-J
Ohio g 6s ser A..M011
10:!'"
101
January 1
An Low Jtigh
Sav
W
&1948 A-O
7il94s Q-J
Registered
Conv deb 4s
113
116
'nt Pacific
&
Oct
Jtange
Since
-?.o
11
J-J
J-J
LouisvN A&Chlst6s.l910 J-J
Chic Milwaukee <fe St Paul—
J-J
107
109=2
W
Gold 4s
112
lie
It gl
Registered
1950
Chic Bur <fc Q consol 7B...1903
1905
ChlCift Iowa Div 5s
Deliver Div 4s
125 126
1922
106=al09
Illinois Div3=2S
19
Iowa Div sink fund 5s. .1919
Sin king fund 4s
1919
105 106=4
Nebraska Extension 48.1927
135 130=2
Registered
1927
Southwestern Div 4s
1921
95=4"99 34
Joinl bonds See Great North
94=2 96
Debenture 5s
1913
93 =a 98 34
Han <& St Jos consol 6s. .1911
Chic <fe E 111 1st s 1 cur 6s. 1907
7=4 10 34
1st consol g 6s
1934
General consol 1st 5s
1937
Registered
1937
Chiccfc IndC By 1st 58.1936
Chicago & Erie See Erie
Chic In & Louisvref 6s. ..1947
Refunding goldos
1947
102
L09
96'8
Sale
Sale
Sale
Nov
Xov
M-S
J-D
103M Nov'01
104=4Nov'0l
«
:
the b asis
I03ia Mar'01
109 Aug'01
,
107
ices
1
J.J
6s deferred certfs
104=4.
104'*.
Charles
Foreign Government
Alabama
a Wllks B Coal Ba.. 1912 M-N
Con ext guar 4=as
?1910 Q-M
N Y<fe Long Urging 4s '.941 M-S
107=alll»8
1
J/igh
114
<fe
Hud
<V;
108=4 112
106 'ill2
11 34 114=a
112 115M
139=,
187
13678 13908
110 11178
108 113=a
,
1
Ask Low
Hid
.1
l.'li
3
ridau
Aov. HO
J
114=2.
l.f
OheaA
108 Nov'01
112 1 aNov 01
"a
112=2 113
1 12 M Nov'01
139=4 189»4 i;;9'4 139 1*
189%189'V 139 "a Oct '01
107% 107% 110 May'01
107%107% 108 Oct '01
109
13
1(18
1 1 2
V.
"v.
Imp gu 5s. .1921 J-J
gua
105=al09' B
105=4 109=4
Week's
Jtange or
Laxt Sale
J'rice
N. y.
.N
'(•J
fcl918
A 19 is
V
Bangs
<!'J
BONDS
Jiangs
Since
la
STOCK i.xciia:
Sale
January 1
Wkkk EKDOrO .Nov. 29
High Av Low High Central oi
" onUnueA)
Friday
Bid
GoTernment
U. s.
S 2s
V S 2b
V s 2«
V S 2»
TJ
Week's
/'rice
STOCK EXCHANGE
W. Y.
117=al22=8
118% 122%
a Due Jan d Due Apr
F-A
F-A
J-J
J-J
J-J
J-J
A-O
M-N
M-N
Due
.May
(/DueJ'ne
h Due JTy
123=4 Nov'01
12 2 =2 122 =a
102=4
l"2'i
12134 126
...
3 120
10
1
98
1231-j
103%
112
Oct '99
Apr'01
114=2 Nov'01
114=2 118
122=a
1013s Sale
123*" Nov'Ol
i"i3"i25i2
101=4
101=2 78s 100 105
106
110
J-J
<Jns and Electric Light
Atlanta O I. Co 1st g 5s. ..1947 J -I
Bos U Gas tr ctfs s t g 5s. 1939 J-J
Bklyn U Gas 1st con g 5s. 1945 M-N
e
123=5
121
123
102=2 103
110
109 =2 Dec'99
99
Dec '97
913s Oct '98
116
A;
Sale
110
Ill's 114=3
116
116
Due Aug p Due Nov
*
115 119=3
Option sale
November
Bond KeCOrd- ConUuuod— Page 2
30, 1901. J
BONDS
i:\cil \\>.
k.ndino Nov. 29
K
I ,!n(
^"i
Hilt
914
qliKi'J Q
West .Mnhlty 6s. .1921 J
Choc ok
Q siu g js ...01919 J
Via"
Trans pis
er
I
Ohic<£ Weal i 1st
General gold Ss
Clue
1
81
S<
Set
C
81
Mail
ui a-
.s<
Cleveland Cin Clue
<
A.-
Cairo Div
M
lli*
9
1
High
v
01
n.,n-(U
(let '99
Jan '00
107
117
'i
1
L24H8
11
/
1044
J
Mil
101
M
m
m
lo3
'v
1014
Oi
B8
isi, L04
'01
t
ldl
104
BB
100
May*99
J'ne'Ol
83
Nov'99
J
102
'i
L06»a
100
106
lie's.
1154t)ct
1314.
131
'
98
76
116
104
'Ol
1
Sale
5
'a
13S
J'ly'01
133
1384
98
97»4
'•
77 4
115
76
77
1
130
104 4 Nov'Oi
116
10441044
21
110
1
See
M K
<fc
i
•
gistered
1
N Y Lack* W
.
96
1004
T9 4
454
lir.
115
1st 7s.. 1900
1st ref gug34s.2oon
Pa Div 7s. 1917
lor,
ed
llnd 1st
A Sos 1st oon gu 78.1906
Registered
1906
Guar gold 6a
1906
Registered
1900
Rens A Saratoga 1st 78.1921
Registered
1921
Del Riv Kit Bridge See Pa
Denv& K Grist con g 4s. 1930
Coneol gold 44s
1936
Improvement gold 5s... 1928
RioGrSogu See Rio Gr So
Den & S West gen a f g 5s 1929
Des Moi & Ft D See C K & I P
Alb
DesM&Minu
See
Ch
Det <fc
Gold 4s
Dul <k Iron Range
82
834 143 78
83
84
89 34 Sale
82=»4
84
90
88^4
1184
136
118
103
Registered
2d 0s
1st 5s..
120
1154
144
M7 4Ma.V01
A
114^8
a
A
149
116
122
iio»jiii"
A
A
M
M
M
Ho
1404
U7"8 117',.
Oct
'01
Oct
Jau'01
1034 103>4 1033k
10941104 111 J'ne'01
1124113^ 113 4 Nov'01
J
93
M-N
104
Sale
4
150
117
11041114
10941124
15034 153 4
*01
103
J-D
149
116
17
J'ne'99
1
J
J
14541
Aug'01
52
151
93
93
161
27 100
151
102
«
B2
114
111
92
96
1134
J'ly'01
114
114
111
Oct
'01
oust
EA
'«ut
w
Wen
Tex
984
Bale
98
984
108
Sale
108
1084
95
101
Oct
01
10341094
104 4.
104
1144.
115
4 A pi HI
1134MaiO(.
ll541L""-i
1034.
loi
H)4
107
104
10a
13 102
100
io2
106
lul
'01
Aug'01
100»4
"-j
102 "a Apr '98
1004
.
1054
104%, Oct 'HI
102 Oct '01
in:. V
195 4
Jan 00
98
195.;
Beglsl ered
1950
1 953
1953
1124
1921
1951
1951
1951
1204.
102
:,
8
102.4"
Nov'di
123
May'99
1004103
904Apr'01
1014
1023s
11438.
90
AiVg'oi
1
1014Oi'l '99
100 Nov'00
114 Nov'01
in
91
41 02 4
11241154
1951
Bellev&Car
Carl. <fe Shaw
1st Os
Chic St L<fc N
Registered
1st
g
O g
124
90
L923
4s.. .1932
5s... 195
1294.
1
1951
1951
Gold34s
Registered
1951
Memph Div 1st g 4s... 1 951
Registered
1951
St LSou 1st gu g 4s.... 1931
Ind Bl & West See CC
St L
In.l Deccfe
1935
1st g58
1st guar gold 5s
1935
Ind 111 & la 1st g 4s
1950
89
107
C&
W
109
vix'vik"
Mav'Ol
Nov'98
4X„\'nl
126
1294
.124
101 4 Oct
I237s
r_'i
'01
10141014
Oct
'01
106
1074
105
109
l'_'9
106
103
102 4 Nov'00
108
109
Nov'01
99 4 1 () "
124 128
33 90 103
99
100
100
123 126" 125 4 Nov'01
10034 Sale 1004 100 34
74 4 Nov'01
75
78
*118 34ll9 119
119
GreatNorlstg0s..l919
2d gold 5s
11109
3d gold 4s
1921
Iowa Central 1st gold 5s. .1938
Jelferson RR See Erie
A & G R See L S & S
Kal
an <fe Mich See Tol & O C
12
65
1154H9
M
102
85
110
102
93
116
112
116
Nov'01
Nov'01
115
Knoxville & Ohio See So Ry
I ake Erie & Wlstg 5s.. 1937 J-J
Ij 2d gold 5s
19 11 J-J
North Ohio 1st gu g 5s. .1915 A-O
1194
MS
M-S
119
114
19
121
118
11914 122
J'ly'01
123-4 Mar'01
111
A-O
J-l)
10K
140 4 Sale
136 138
Nov'01
1404
104
137 Nov'01
107
2 39
-\1-S
M-S
119
)
1004
J-
L00»4
Aug'01
99
89»4
90»
95%
364 Oct '01
94 34
12340ct
232
4.,
'01
Sep '01
Nov'01
107
137
109
Oct '98
116
108
143 4
135' 4 137
95 4 1014
99
99
824 91
924 964
1364130 4
116
105
(
1
115
1180s
111
119
Fell 01
94
1084 1084
1154 Nov'01
10'.
94
109
112
1164
112
112
1084
Oct '01
123
109 4 48 107
120
111
114
Anu-'Ol
108
114
123
112
100
'4
1074112
M-N
M-N
J-J
J-J
121 4 Oct '01
L184Nov'M
11834 124 4
1104May'01
11041104
110%
J
09
108 34Nov'ol
11()l._
11840ct
09 4
116
J-J
J-J
10834
1
.
M-S
1194
1154
117
110
10
A-O
A-O
7 234
1114-Nov'O]
l
1084 111
1084 Hi
:,
8
11441184
n]
<
109
J'ne'nl
109
109
97
Nov'01
95
100
123
.M-S
A-O
A (.
101
120
/(1931
104
4 Sep
104
102
984
1919
19]
122 4 121 34
1024104
1938
1922
1932
1st 5s
1154U54
1184
1104114
g5s./il931
X V Liik M Ji 1st con g 5s
X Y * R B 1st g 5s
'99
1
1
1124
1124
1134
12041214
1935
L927
113
Unilied gold 48
19 In
Registered
19 in
Coll trust gold 5s
1931
Coll trust 5-20 g 48.1903-1918
Ceeihan Branch 7s
1907
E 11 <fe Xasli 1st a Os
1919
L Cin A; Lex g0ld448...193]
X O A; M 1st gold 68.. ..1930
12134
121
10234 Nov'01
105 J'ne'Ol
inn Oct '00
100
994Nov'ol
97
Feb'01
95
95
107
116 34
109
1
NorShBlst con ggu5sol932
Louisv A-. Nashv gen g6a.l930
Gold 5s
1937
Nov'97
05
124
1st con
1st eonsol gold 4s
Debenture gold 5a
193
Bklyn <t Mont 1st g6s..!91
Nov'01
Nov'01
103
Long Island
1184121
94
117
122
664
tin
leal
General gold 4s
Ferry gold 44s
Gold 4s
Unilied gold 4s
137
723, 1174
634 Oct
Leh & Wilkesb .S'ee Cent of X J
Leroy & Caney Val See Mo 1'
Long Dock .See Erie
108
140
1184 118
I0234 Sale
113
99 \ Sale
102 4 105
1094110
10941
107 Jan '99
May'00
106
113 Deo '00
12034
121
108
Jan '98
ISO 4 132 "i
Nov'01
1144
.014
II04H434
113 Nov'nl
99 4
99100 Deo '00
116 Apr'Ol
130
121
112
111
114 Sep ill
I0234
102 34
110'4
101
99
102
110
116
i36'4
on Next I'agc.
Gas and
Electric Light
Newark Cons Gas con g 5s 19 1s
NYGELH&Pg
Purchase money
100
Conn Ry & L See Street By
Con Gas Co See P G & C Co
Detroit city GaagSs
1923 J-J
Det Gas Co con 1st g 5s. ..1918 F-A 105"
EdElIllBkn See K Co EL A; P
Kd E 111 See N Y G & E L H P
Eq G L X Y 1st con g 5s. 932 M-S 119
Eq G <fc Fuel See P G Ac C Co
Gas& ElecBergCoc gos.1919 J-D 71
Gr Rap G L Co 1st g 5s.. .191 F-A
K C Mo Gas Co 1st g 5s... 1922 A-o
97
97
105
Nov'01
Oct '01
94
102
103
106
.1
6s. ..191.x .1
g 4s. ..1949 F
Ed El 111 1st conv g 5s. .1910 M
1st COU801 gold 58
1995 .1
NYAQElL&PlstoongSa
D
D
I
1184Oct'01
1
61 4 Oct
107 34 Dec '00
'01
11841184
6141024
vo
<;as
1
2d guar gold Os
let con gold 6s
Refunding gold 5s
116
1084
HO
.(194
121«4
104 4
]07
1224
1214AD1
103
1024
'-_
9
9734
97
107
N
19 15
nl
_1
103 4
02
1
'li
194 7 M s
1937 J j
ir
I2334 Nov'01
100
108
1
-.
97 4 Nov'01
1084 108 4
and asked thia week.
aDueJan
J'ly'00
J'ne'Ol
A
ChG-L&CkelstgugSa
Con 1. ",,|
5s. '31;
1st gu
D
Eq C A KCh 1st gu g 68.1905
J
Mu Fuelliaslsl gug 5s. 1947 M N
12334 1204
90
97 4 Trenton G it El 1st g 5s. .19 19 M
I'tica E L<fc P 1st st g 58.1950 J
107 110
Western (i;us Co col tr g5M N
d Due Apr e Due May ADueJ'ly k Due Aug
(
107
1904 J D
.1
.1
124
98
108
107
J
F A
& P G A- E g 5s. 19 19 M
& C 1st gu g Os.. 19n M
11441164 1154
A
l'atersou
<fe
EdEUlBknlstcong4s 1939 J-J
LacGasLofSt List g5a.el919 Q-F
Mut Fuel Gas Co See Peop Gas
Y
C&
MISCELLANEOUS BONDS—Continued
Kings Co El L<fePg5s...l937 A-O
Purchase money 6s
199 7 A-O
X
1
1234
118
99
107
115
J -J
mid Electric Light
Ch G L & C Co See P G & C Co
Columbus Gas 1st g 5s
1932 J-J
See
coll g 5s. 1997
Registered 5s
1997
Leh Val X Y 1 st gu g 4 4s 1 9 1
Registered
1940
Leh v Ter By 1st gu g5s.l9i
Registered
1941
Leh V Coal Co 1st gug 68.1933
Registered
1933
Leh A N Y 1st guar g4a..l945
Begistered
1945
El
X 1st gist pf 6s. 1914
Gold guar 5s
1914
Leh d: Hud R See Cent ol N J
1
23»4 124
1
49
1184Au- o]
F-A
A-0
A-O
A-O
1
L08
*118
115
116
1
111
70
Sale
Kansas Mid See St L & S F
Kentucky Cent See L <fe N
Keok & Des Mo See C R I & P
.
1194 115
724
1950 A-O
L Slio Mich iS
11241124 Lehigh Val (Pa)
1124Ai>r'01
AO
latest bid
<
C&M R&Blstgug5s.l929 A-O
Kan C & Pacilic See « K T
Kan City Sou 1st gold 3s.. 1950 A-O
in-
No price Friday;
\"
K
108 34 111
934 92 4 Nov'01
Sale
116
MS
& Imp 1st cur 6s.. 1913 J-J
KYdi Green L gu g 58.1946 M-N
MidRKofN JlstgOs.1910
NY Sua A W 1st ref 5s. 1937 A-O
J-J
2d gold 4^8
1937 F A
General gold 5s
1940 F A
Terminal 1st gold 5s... 194:; M N
Regis §5,000 each... 19 13 M N
"Wilkifc Ea Istgug5s.l042 J D
Erie & Pitts See Penn Co
*
X
Oawegat
<fc
Dock
.
Si ' ^0
.See
.
<fc
.
<
(an 00
108*9....
1929
.
1
Registered
W
Eureka Springs 1st g 6s.. 1933
Evansville & Terre Haute
1st eonsol 6s
1921
latgeueral gold 5s
1942
Mt Vernon 1st gold 6s. .1923
SuU Co Branch 1st g 5s. 1930
Ev<fc Ind 1st con gug6s..l926
1
See 80 K\
<
Int<fc
1044
108
107
20
Feb'01
111
Y&
1
gu a 5a
1
Gold 34s
r.i.'.l
Registered
Spring Div tat g 348.. .195]
western Lines 1st g 4a.. 195]
1
4 Nov'01
109 4 Nov'01
J-J 1004 Sale
Registered
1996 J-J
l6t eonsol gen lieu g 4s.. 1990 J-J
903g Sale
Registered
1990 J-J
Pcun coll tr g 4s
95)4 Sale
1961 F-A
Bull X
Erie lat 7a.. 19 10 J-D 1344
Bun Ai S
gold 0s
1908 J-J
Chic A Erie 1st gold 5s. 1 982 M-N 121
Jell' KK 1st gu g 5s
al909 A-O 105 4
Long Dock eonsol g 6s.. 935
135 4138
Coal As
1st cur gu 6a. 1922 M-N •112
KR
lul
106
ol945
.,-
Registered
Cairo Bridgo gold 4s
Louisville Div gold 3 4s.
Beglatered
Midland Div reg 5s
St Louis Div gold 3s
Registered
4
1364
ISO-1 !
L84 L194
1044 104»4
11
A
Kast 1st g 5s. 1941 M-N
Erie 1st ext gold 4s
194 7
2d ext gold 5s
1919
3d ext gold 44s
L923
4th ext gold 5s
1920
6tU ext gold 4s
1928
1st eonsol gold 7 s
1920
1st eonsol g fund 7s
1920
Erie 1st con g 4s prior. .1990
1044
LOS
1913
6a
See So l'ac
HouKt A- Tc\
SeaSo P
Illinois Central 1st g 4a. .195]
Registered
195]
1st gold 34s
1951
Beglatered
195]
1961
let gold 3s sterling
19.".1
Registered
Coll Trust gold 4s
1952
Besiatereu
1962
T6I gold 4s.... 1953
II
90
A-O
<fc
lsi
s7
lo
g 6a... 1946
pi
'j
.111
88
Pad
So
,
LK 0«
i
M
1910 J -J
Atl g 5s.. 1937 J.J
Khz Lex A; 11 San See C Ac U
Elm Oort No .See Leh A X X
Si
1882
11 ol
oonsol
1
13341364
i'ly'01
Minn S* si p .M a- M
Ten Va A Ga see so By
Elgin J ol
v
Mai
1921
..
1-
rand Rap (S I ml Set Penn '"
Gray'e I'l Term See 81 L S
coll tl Is 1921 J.J
'it Nor-C
Greenbrier By Bee !hea <S
s
.1"
" C B A Q
A 81
ouaatonla .sveN v x 11 a 11
llnrk \al 1st eonsol g L4«
J-J
L999 J-J
Beglatered
11
v
Lsi azl g 4a. .1948 A O
Col a
4
874
1,'asl ol
XLiast
s
dj
6a.
i
87
77
83
11734 123
Oct '91
Nov'01
Oct '88
1363s Nov'01
104 34 Nov'01
117 7eMuy'01
1995 J -I)
1937 A-O
19:57
Ac
1184
138
139
140
133*8...
13978...
1st lien g 4s. 1995 J- 1)
Dul So Shore
68
264
NW
As
DesMoiUnKy 1st g 5s. .1917
Del M & Tol .see L S A M so
Mack
12941304
834 Sale
915 j
SyrBing&N Y
s
K 14"
-
Lat « 3
i.i
lai
(.oiiva
T
Iat6s...l92l| j
Construction 5s
1923 r
Term A improve 4s
1023 M
Warren
1
I
W
Del Lack<fc Western 7a. ..1907 M
Morris <& Essex lat 7a.. .1914 m
1st eonsol guar 7s
1915 J
:
1294May'01
129
1947
1947
CM
Waco
m
1
100
105
Han
106
4 J 'ly '01
138
.
1.044
a
Nov'01
106
135
Colorado A- Son 1st g 4a... 192,9
Coiuni A: Greenv Bee so By
Ool A Hock Val See lock Val
Col Conn <fc Term See X &
Conn * 1'as Kivs 1st g 4s. 1943
& Gt So See
Ai St P
Dak
alias A
105
1943
Big
Pcuu Co
1
1
1
-
i
See
Bio
;
Georgia Pacific
A NO]
ilia \
(
100
i
Pen
<
W
Olnd&W
1st g 3-48
l> Co Isl
Den O lat
,v
ai
Qa
101
Jan '01
99
98 4.
CCC&I
1st gold 4s
ss
'
1
1014
100\
ItiaU
M
Set
1
I
WW
M
1
1
l7alH4
1.
1
-
,,m si
II \s ,v
I.
Lai gold Ls
l>iv 1st g Ls
Clev <fc Pitts
Col Midland
I-.
n d Pi m lai
land
Conaol gidd 5s
I
113 «Xov'01
Last
.
D
00l 'OH
13
\
1
.
1,e('h
ln7'i
-
11
I
1st
1
.'
1
],
A M
1901
in v Lat ool tr g 4a.. 1990
Registered
1990
Sin as col Div lat g 4a.. L940
Yul Div Lstg4s...l940
c 1 st L<S c eunsol 6a. .1920
1st gold 4s
fcl936
Registered
fcl936
Cm B A- ci oon 1st g 5s. .1928
eonsol 7s
ID 14
Con sol sink nuid 7s
lit 14
oonsol
gold
Qeneral
68.1934
k. guttered
1934
L-t pre! 4a.l940
Iml B1A
latpf 5s...rfl938
Peo& East 1st oon 4s. ..1940
Inoome4s
L990
CI Lor& Wh con 1st g6s.l938
Clev & Marietta Si Penn UK
Clev & Mahoii Val g 5s. ..1938
Registered
1938
(Jin \S
1
.1
B R a P
8t Loula
eral g Is
St
Kin
103
116
Ill's.
7s.
I
1987
1st go J 5s.. 1941
LA
St
Cm 8 .v
Clearin
s
44a
Cin D<ft
1
oonsol
l»
=5^ January
Salt
Si
in",
.v.
2d gold
1
BONDS
X. V. BTO. ^ l.M 11 A N'.
Will,
\M V. .N"
Binet
107W1J
'.'.'.'.'..
a.
Cm HA
C
9
Sal,
or
Jlti/lt
/.(..('
.I.N/.
1947 J
si g6a..l
OhiOagO
Bang*
idui/
/'/
I
J.iinge
it ,<•*.-'»
J rice
stuck
N. Y.
1149
106
Ill
I09«a
105
..
1024
..
120
1104
HI'-.
110
lKi
lt'4
:
>4
lO.'.^j
J
103
109
126
1
1
..
109
1
«.
110
105 4
1O0
109
.1
107 4 Jan '01
Due Oct
g
Due Dec
M7 41074
*Opuonsale
1150
Bond iiecord—Continued—Page 8
BONDS
N.
\\
i
Ending
k
i
ctov.
Pensaoola Div gold
St
Div
1,
Oh...
1st gold lis
MS
L920
I
2d gold 8a
'.»_'
M
M
I
L980
JD inlcr Bdge 1st si -i;.s. L931
Kentucky Cenl gold is., uisv
I, A N A
Istg4*98l945
N
MAM
1st
Sink luinl gold (is
ISM (l
Lcfc Jen Bdge Co gu g 4a.. 1946
A A Ch 0M i' A I,
IN
M
S
S
MS
A8
gu g 6a.. .1937
Pens A ah lsi gu g 8s.. 1921
Ala
con
BitN
gu g 6s.. 1986
tfla
A si
r.ui
J.J
.V:
120
112
12
102
101
1
;
I
L0*g Mar'Ol
111
Aug'01
'•
IU',115
1
1
High No Low iiniii
119*9120
Dec mi
L16
126*4 Jan -01
126*4
73*9 Aug'ol
78 H
LIS
Nov'99
in
Nov'ol
"H\ 102"
110*31 12
I
1
MS
January
ffOY'0]
I
I
15'.,
l
100 '4
17
Si p
LO
Oct
loo
115
111
"l
'oi
111
*2
110
Mar'Ol
100
1 1
7
115*2
100
\\
x
Mctropni
Man
8m L 8* MS
A-O
1990 A-O
1908 J.J
1934 J-D
lsi
|.;i
g 6a
S \v Colonic g 6a
& U V .Sir N S
Metropolitan Ki Bee Man lty
Mei Cenl consol gol<14s..loi 1 JJ
1st COllSo] ilH'OIIIC g 3s.
J'ly
2d consol income g 3a. .01939 J'ly
Equip & coll gold 5s
1917 A-O
MoK'pl
2(1 .scries
gold 5s
1
!l
1
L97
106% Sale
i
110*2.
llli'.l
N
N
I
L gu
See
BCB4K
MS
McfcPlst5sstpd4sintgu 1936 J-J
M S S M & A 1st g 4 int gu 1926 J-J
MStPcfcSSMcong4intgu'38 J-J
Minn Un See St P M <fcM
Mo Kan Tex 1st g 4s... 1990 J-D
cfc
#1990 F-A
2d gold 4s
1st ext gold 5s
1944 M-N
Dal cfc
1st gug 5s.. .1940 M-N
cfc T of T 1st gu g 5s. 1942 M-S
Sher Sh & So 1st gu g 5s. 1943 J-D
Wa
MK
Kan C
1
.,
117*a
cfc
Pac
1st
g
4s.. .1990
Tebocfc Neosho Ist7s...l903
Mo & E 1st gu g 5s
1942
Missouri Pacific 3d 7s
1906
1st consol gold 6s
1920
Trust gold 5s stamped. al917
K
al917
1920
1920
1st gu g 4s. 1919
Registered
1st coll gold 5s
Registered
82 34
84
Sale
Sale
29*3
32 h 1094
160
22
::i-'i
22
20
OO^J'ly'Ol
102
80*2
90
26
:ss>.,
13
27
82*4
91*8
85
23
'.IS!,,
i.pr'00
97
32
105
103
Nov'Ol
32
34*2
May'00
2d extended gold 5s.. .1938
L Ir M& Sgen con g 5sl931
Gen con stamp gtd g 5s 1931
Unified <fc ref gold 4s.. 1929
Registered
1929
Verdi V I cfc
1st g 5s. 1920
Miss Riv Bridge See Chic cfc Alt
Mob cfc Birm prior lien g 5s 1945
Mortgage gold 4s
1945
Mob Jack & K C 1st g 5S.194G
Mob & Ohio new gold 6s.. 1927
1st extension gold 6s..A1927
General gold 4s
1938
MontgomDiv 1st g 5s. .1947
St L & Cairo gu g 4s
1931
Collateral g 4s
el930
St
W
Mohawk & Mai SeeNYC&H
Monongahela Riv See B
O
Mont Cent See St P M & M
T See S P Co
Morgan's La
147*2 Fob '01
148*4.. .,
120 ....
125 ....
119 J'ne'01
123*aApr'01
122*2 Feb 'Ol
120 ...
1 20 '» Nov'Ol
120*8....
103 103*2 103 Nov'Ol
103
98
99
95
J-J
A-O
A-O
J-J
J-J
M-S
J-J
J-J
Nov'Ol
Apr '01
100*2 Sale 10()38 10034
81*2 82*2 82
82*2
101 34 ....
1023a Nov'Ol
97*2. ...
98 Sep '01
105
105 105
105 103*2 J'ly '01
F-A
J-D
A-O
114*2
M-N
M-N 122 123*2
M-S 106 38 Sale
M-S
F-A 108
F-A
F-A 90 ....
Ry
Leroy&CVALlstg5sl920 J-J
Pac R of Mo 1st ex g 4s. 1938 F-A
Cent Br
90
90
110
115
122
105
111
J-J
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cfc
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<fc
147* 2 147*2
110 1221-2
123*2l23*-2
122*2 122*2
110*2l2134
97 105
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1
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1
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107
114
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96 Nov'Ol
115*8Nov'01
99 Oct '01
95*4 Nov'Ol
129
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5
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NY&RB
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97
8
113
Dec'99
111
Dec'99
95*4
95*4
126*2 130
111 116
C B cfc Q coll tr 4s See Gt Nor
St Paul-Dul Div g 48
1996
Registered
1996
St P cfc
P gen g 6s. ...1923
Registered certific's..l923
St Paul & Dul 1st 5s.. ..1931
let consol gold 4s
Ws(shCentlstg4s
Nor Pac Ter Co 1st g 6s. .1933
Nor Ry Cal See So Pac
Nor Wyf See St P M <fe O
Nor & Mont See N Y Cent
See C C C cfc St L
OInd cfc
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4 Sale 101*2 101*2
100' 4 100 34 100*4 Nov'O
117',...,
119
101
102*4 10478
95*2
93 \ 97*2
96
97
111 112*8
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...
131
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110
Mar'Ol
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100*2May'01
100*2 Oct '00
109 Oct '99
114
114
113*4 Oct
'01
.
113
Nov'Ol
.
107*4
107*2
J'ne'01
111
1904 J-J
Coal and Iron
See T C I cfc R
Clearf Bit Coal See
cfc
Col C cfc I ext 1st con g 6s. 1902 F-A
100*2 102
and asked
,
13 4
25
110
110
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J-D
11578 May'00
120*4128
A.-0
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118
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107
122 *a May* 01
126
120
113 Apr'99
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...
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102
122*2
121
125*4 129
110*4 110*2
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107
102
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102
204*2 206
202*a
132«8
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206
206
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134 se J'ly'01
5 196
114
Jan
'00
108*4
108
Sep
103 34 Sale
103*2
105
202*2
136
'01
108
110
10376
101*3Nov*98
34 102
108
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week,
Sep '01
Nov'00
a
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110* 4 112*2
182 136
129*s 133*3
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131 C
l:;i
131 34 Oot ol
134
102*2 103
84 99*9 104
108 Nov'Ol ... 103 lo3
107*aJOy'01 "3 107*3107*9
101*2 101*2
99 104
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105*4
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106 J'ly'Ol
88 34 ai
117 Nov'Ol
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88
105*2 137 103 106
103*2 105 7a
Nov'Ol
734
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129*2 Nov'Ol
.
117*4.
112*2 J'ne'01
99 34 102
128
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102
106
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112
112*2
108
113
102
105
Dec '00
104
95
NW
112
113
113
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105
101
Nov'Ol
J-D
M-N
J-J
J-J
114
112*2 113 34
M-S
A-O 121*2.
A-O
J-J 122
1942 A-O 121
C 3*28
1948 M-N
SeriesD3*28
1950 F-A
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1940 J-J
N&CBdgegengug4*2Sl945 J-J 112 .
P C C cfc St L con gu g 4*2S—
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1940 A-O 114*8.
Series B guar
1942 A-O 114
Series C guar
1942 M-N
.108
Series D 4s guar
1945 M-N
Series E 3*2 guar g
1949 F-A
Pitts Ft
cfc C 1st 7s. ..1912 J-J
2d7s
1912 J-J
3d 7s
7i.l912lA-0 129
Series
Series
Dec '00
114*2Nov'01
112*2 Nov'Ol
102 Nov'98
122 Nov'Ol
121
Oct '00
102
Nov'00
114
.
114*4 Nov'Ol
114*sNov'01
116*2
Feb '01
106 34 Nov'Ol
97 May'01
133 Oct '01
130*4 Apr'01
130 Apr '01
e
104*2
De Bardel C cfc I See T C cfc I
Gr Riv Coal cfc C 1st g 6s.. 1919 A-O
Jeff cfc Clear C cfc 1 1st g 5s. 1926 J-D
114 118
113 11734
116*2116*2
106*4 106 34
9934
97
132*9 136*3
135 136*4
128 34 136 5a
106*4 106*4
96 34l08
95*8 Jan '97
106*2-
107
80
105
104
105
110
112
100
104*2
&
Industrial
Bicycle s f deben 5s 1919 M-S
Cot Oil ext 4*2S
1915 Q-F
Amer
Am
121*4126*8
on Next Page
Coal and Iron
106*4 Feb '01
Col Fuel Co gen gold 6s. ..1919 M-N 103*2
Col Fcfc I Co gen s f g 5s. .1943 F-A 105 Sale 104 34 105
2d gold 5s
Pleas Val Coal 1st gs f
Roch cfc Pit C cfc I pur m
101
112 115i4
110*2114*2
B
Manufacturing
101
55
this
'
1
0)
May'97
May'97
1926 J-D
Oct '00
5s. 1928 J-J
11314117
5s. 1946 M-N
111 11578 Sun Ck Coal 1st g s f 6s. ..1912 J-D
107 Oct '01
105*2 109*2 Tenn Coal TDiv 1st g6s.al917 A-O 106*2
Birm Div 1st consol 6s. .1917 J-J 110*4 Sale 110*4 110*4
111 116
105 Feb'00
Cah C M Co 1st gu g 6s. 1922 J-D
De Bar C cfc I Co gu g 6s. 1910 F-A *101 101*2 102*2 102 34
32 Jan '00
Wh L E cfc P C Co 1st g 5s. 1919 J-J
114
NYC H
Dev Co gu g 5s. 1909 J-J
ioii-«8
118*2 119
13138
127
.1
130
W
95
.
lnl*e
NYC
9978 102*4
100 1033g
100*8100*8
95
99
94
97*2
Nov'Ol
96
96 Mar'Ol
iii"ii5" 111*4 Sep '01
106 J'ne'98
'111
117°n
146 3B 146 38
;i
J-J
J-J
hio River RR 1st g 53.1936 J -D
General gold 5s
1937 A-O
Ore cfc Cal See So Pac Co
Ore Ry cfc Nav See Un Pac
Ore RR cfc Nav See Un Pac
Ore Short Line See Un Pac
Coast Co 1st g 5s.... 1946
Pac
ac of Missouri See Mo Pac
Panama 1st s fund g4*2S.. 1917
Sink fund subsidy g 6s. .1910
104*2 108
Penn Cogulstg4*2S
1921
Registered
106 107^8
1921
107*2 11034
Guar 3*28 coll trust reg. 1937
109*2 109*2
C St L cfc P 1st con g 58.1982
Registered
101 106*2
1932
103 106 34
C1& Pgengug4*2SserA.'42
99 78 Nov'Ol
95
West Union col tr cur 58.1938 J-J 113
Fd and real est g 4*2S...1950 M-N 106*4
Mut Un Tel s fund 6s.. .1911 M-N •110*2.
11 5 *a
*2
i^-M
1917 A-O
1968 J-D
1948 Q-M
2d 5s
Oswego cfc Rome See
O C F cfc St P See C cfc
103*8 Apr '01
101*2 100 Nov'Ol
101 100*8 Nov'Ol
9734
Sale
97
95*2
1
<fc
N
127*2132
121 130
87*2 96 7s
110 116 34
99 101*2
120
105V... 10578 Nov'Ol
1053, 106*2 106 Sep '01
10934 Nov'Ol
109 *2 May'01
103*2 105
103*4 Nov'Ol
103*2105 103*2 Nov'Ol
109*2 Sep '97
100
100
1
10H *-2 ] 1U34
09*4 111
hi**-2ni*4
117
,1
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'
117
110*4 J'ly '00
129
113*4
120*o
118
3
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J-D
F-A 130
Q-F
F-A 120
cfc
latest bid
"01
L04*a 106*9
42 iVi" iie*i
NJ
119*2 125»8
100*2 109*2
Tel coll tr 4s 1929 J-J
cfc
...
ii8«g "i iV.v
118
118>a
let
&H
NYNH&Har 1st reg 4s.H 1903
W
A-O
Comm Cable Co 1st g 4s. .2397 Q-J
Registered
2397
Erie T & T col tr g s f 5s.. 1926 ?:j
Met T T 1st a f g5s
1918 M-N
Mut Un Tel Co See Westn Un
N Y N J Tel gen g 5s. .1920 M-N
No Westn Teleg See West Un
'
06 «a
107 *«
no
iio"
iiVi'.i
N Y Lack & W See D L & W
NYLE&W
See ErnNY Long Br
Cent
MISCELLANEOUS HONDS—Continued
No price Friday;
M-S
Ms
YO
Telegraph and Telephone
*
i
W
J-J
1903 J-J
Gold mortgage 3 *2S
1997 J-J
Registered
1997 J-J
Debenture 5s of.. .1884-1904 M-S
Registered
1884-1904 M-S
Registdeb 5s of... 1889-1904 M-S
Debenture g 4s... .1890-1905 J-D
1890-1905 J-D
Registered
1905 M-N
Debt certs ext g 4s
Registered
1905 M-N
Lake Shore collg 3*28.. .1998 F-A
Registered
1998 F-A
Mich Cent coll g3*28....1998 F-A
Registered
1998 F-A
Beech Creek 1st gug 4s. 1936 J-J
Registered
1936 J-J
2d gu gold 5s
1936 J-J
Cart & Ad 1st gu g 4s. ..1981 J-D
Clearfield Bitum Coal Corp—
1st s f int gu g 4s ser A 1940 J-J
I
io6*al
ii.:
1
109*2.
122
106*2
cfc
cfc
'•
RW&OTRlstgug 68.1918 M-N
Utica & Blk Riv gu g4s. 1922 J-J
N Y Chic & St L 1st g 48.1937 A-O
Registered
1937 A-O
N Y & Greenw Lake See Eni
NY<fcHar SeeNYC&Hud
WW
129
cfc
Col C
102
2»4
no
in'.'-,
132
J-J
H R 1st 7s.. .1903
Cent
NYRegistered
Cah Coal Min
Salt
129*2
Oct
cfc
Northwestern Tel 7s
M
<fc
N Y&N
cfc
cfc
10
F-A
91
MW&A1
Am Telep
1
106
A-o
A-O
125*2....
Low High
,
112*4 J'ly '01
110*2....
132 133*4 133 Nov'Ol
115
100
<ie
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K
1
n
unary 1
In
132 *a
127
M-N
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2000 M-N
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II
J I I'll. .\u
,
141
J-D
Convert deb certsgl.000
A-O
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98 103*2
Housatonic R con g 5s.. 1937 M-N
98
98
N H <fc Derby con g 58. ltilsM-N
96*4 10078
E 1st 7s
1905
1st 6s
75
87
1905
N Y & North See N Y C A B
97 106
98 100
N
& Wref Istg4s..i7l992 M-S
Regis 85,000 only
96 108
r/1992 M-S
9934 105^8
87*2 91 34
Low
M-N
M-N
Q-F
1st
5s
1928 A-O
Jasper Branch 1st g 6s. .1923 J-J
1st 6s. .1917 J-J
McM
T cfc P Branch 1st 6s.. ..1917 J-J
Nash Plor cfc Shef See L & N
New 11 & D See N Y N H H
N J June RR See N T Cent
New Cin Bdge See Penn Co
N O & N E prior lien g 6s pl915
N Y Bkln Man Bch See L I
1902
1909
5s
1931
Registered
1931
4s
1940
Registered
1940
Bat C & Stur 1st gu g 88.1989
c x
J.IIHl
127'-2
932
1934
1st g Us l!i Is
1st consol 78.1902
I: a
/' nr
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J
1
1st consol 5s
6s
W
L&W
Chat
St List 78.1913
Nash consol
gold
(is.
.1
'tk't
.1
Nor <fc South lstgos
1941
Norf & West gen g 6s
1931
Improvem't <fc ext g 6s.. 1934
New River 1st g 6s
1932
108
108
N <fc Ry 1st con g 48.1996
103 110
Registered
1 990
2 89*2 91
91
91
CC&Tlstgu gos
1922
102*2 106 100 May'01
100 100
Scio V & N E 1st gu g 4s 1989
"l
107
107*2 107
105 107
North Illinois See Chi <fc N
U5*4Nov'01
115
113 115*4 North Ohio See L Erie &
116*2 Sale 11534 116*2 40 114 119
Northern Pacific
116*2 J'ne'01
114*2116*2
Prior lien ry & 1 gr g 4s. 1997
3
16
93
Registered
93 \ Sale
93 4
84*4 96*4
1997
General lien gold 3s
a2047
"'.'.'.'.'.
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98
a2047
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F-A
1
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It
LXJU1L
<fc
'01
J-D
90
95
J-D 131*8132*2 131
Q-J
1997 J-D
1st 7s. 1 Hoc,
A
R <fc O con 1 st ext 5.s. h 922
Oswc A 1: 2d gu g6s...el916
cfc
Morris
Pitts
Mich Cent
WW
!'•'_'
St
129
83 78 sale
M
<fe
Ill
No,.
I
Ka A At; u 1st gno6s.l938
Mahon C'l lilt Isl 6a.. 1934
100*2
lor.v, in:,
..in
-
I
McKcchA B V
1
Minn
102
May'01
116*4
1
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onth
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1910 J-D
Mich Cent See N Y Cent
Mid of N J See Erie
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Mil & Mad See Chic <fc N
Mil & North See Ch
cfc St P
Mil cfc St P See Ch
<fc St P
Winn cfc St L 1st gold 7s. .1927 J-D
Iowa Ex 1st gold 7s
1909 J-D
Pacilic Ex 1st gold 6s... 1
A-O
South West Ex 1st g 7s. 1910 J-D
1st consol gold 5s
1934 M-N
1st and refund gold 4s. .1949
M
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1:
DetMon&Tol
105 h
or.
A-O
9
i
11
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I
Mex Internal 1st con g4s.
Mex Nat 1st sold 6a
a
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anliattan Kvconsol4s.l9'.io
latered
en1
1
"i
1
ci
ik Kmjim, Nov. 29
1
/rice
\Xf.i:
(.oiiva OawelstgugSa 1942 J-D
Muli A Mill ,1 lii g
1991 U S
a come 6a
r
J .linn' B gn 1st is ..198U f a
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19 iiF \
VA- J'n 1st con gu - 1- L993 \ O
Not .t .Mont 1st l-ii ir .".s.l'.Ui, A
Wist si, ,,n- 1st La gu.. .23611 J-J
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2301 J-.l
Lake Shore consol 2d 7«.i 903 J-D
Registered
1903 J-D
GoId8*as
1997 J -D
I
anon Coal
STOCK ECXOH
N. Y.
.Sir
Last
W
BOND*
Bcmgt
mJPj
amir in-
II
I:
,i
Nov. 89
29
A Nashv (Continued)
M 2(1 gold lis
L980
Loinsv
No
1-1 ,:
Fl nltl
stock EXCHANGE
v.
[Vol.
Due May ^DueJ'ne A Due
J'ly
p Due Nov
65
loo
s
67
Option
65
100*2
sale.
65
101
60
99
82
102
NOVEMBER
Bond Record— Concluded
oJ, 1901.]
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BONDS
II,
STock EXCHANGE
N. Y.
Wi.i.k
KDING NOV. 29
I
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97
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2dg4s ine bond
c 1.-1 gu g6s 1947
Gray's l'i
St Paul & Dul Set Nor Paolnc
M
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2d 68...1909 A
St Paul
A
794
L933
to gold 4 "as.. 1933
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...19
Dakota oil gold 6s
1910
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1937
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1064Nov'01
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2-5 year coll tr g4"us
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'00
i-jFeb'ol
87 Aug'01
91 58 J'ne'01
87
10434
112
Feb '98
g5s
126
V
101 4
944
89
111
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llo
113
111
115
115 ...
1124....
105 34
97 Sale
.r-'-l
91
91
'„120<4
20
>
95
98
115
113
L04
1204 1204
120
95
J-K
Mar
1
128
119 '., 119
Sale
106
'.
'..
....
107
129
no no
U13,
1054
10 125
130
113
106
119
113
121
ol
nl
1174.1'He 01
Mai'Ul
113
L094
L04
-
Not
1034OC1
...
116
1164
L5
A-O •1124.
W
1024 Sale 1024 102 4 17 100 1034
99'8 J'ne'00
"834 Sale 884
88" 86 834 894
Mort guar gold3 1a8..fcl929
\.,\ ni
96 4 974
117
M
05-\1014
83
954
121
123"' 123*4
'.""'.
1935 J-J
1st g 58. ..193
W
g
Gen
95^ Sale
gu g 4s 1949
1'.) ; '4
111-„1104
128"
1931 J-J
5s
See Nor Pac
W
See Southern
WestN Y& Pa 1st 5s. .1937
fcl949
ret
1
11741204
119
111
mo
62 4
1184
L104
Sale
Sale
Bale
Sale
9<i
13
16
120%
loll'.
60 3
111 Oct
98 Sep
110
40
no
95
no
.i
111
110
no
111
98
111
'01
.i
1
<fe
101
211
93
n
ill
M-S
Wash Cent
Wash O
101
1st gug 5s.. ..1941
A& NPacW 1st
Begistered
1st
Western Div
142
W
Cent
4
127
112
J
W
1 crA of St List g 44s.. 1939
1894-194
1st con gold 5s
St L M Bge Ter gu g 5s. 1930
Tex
See So Pac Co
Tex A- Pac E Div 1st g6s ..1 nor,
1st gold 5s
2000
o2000
2d gold inc 5s
i
.
Seab & Boa 1st 5s
1926
Car Cent 1st con g 4s... 1949
SUer Shr &> So Bee M K & I
Sil Sp Oca & G See Sav F &
Sod Bay & So 1st g 5a
1924 J-J
So Car <fe Ga See Southern
Southern Pacitic Co
Aug'01
1264 Jan
W
Begistered
IIS
121
1204
loi
J'ne'01
119
.
K&T
SeeM
120
12
l-ji
.
M A;U
Nor &
N
1
in
97'-.
121
1'.,
KM
Mai
120
1114
1
I
Lie
109
s
112
100%
Bole
lis".,
.
Apr '97
12l4Aug'0l
125
1934
See
A:
1
-D
st
NE
113'
101
116
96
1
g 0s
6s
5s
M
.
LAN
Bee
10 34
.
1
.
General gold 5s
193 J-D
1st gu g 4s.... 1990 A-O
Kan Ai
TolPAj Wist gold Is. ...1917 J-J
i'l'334 1164
1641164 Tol St L & pr lien g 3 48.1925 J-J
1950 A-O
50-year gold 4s
116 1204
L024 -074 Tor Hani & Hurl 1 st g 4s .M94I J-D
106 106
Ulster cfc Del 1st con g5s 1928 J-D
n Pac RR & 1 gr g 4s. 1 94 J-J
106 110
19
J-J
Registered
1911 M-N
1st lien convert 4s
Registered
1911 M-N
OreRvArXavlst sfg 6s 1909 J-J
132 140
Ore By & Nav con g 4s.] 941 J-l)
Ore Short Line 1st g 6s. 1 92S F-A
19 10 J-J
1st eonsol g 5s
i'2l" i'22'
Non-ciim inc A os
ft.1946 Sep
loos J-J
Utah & Nor 1st 7s
Gold 5s
1926 J-J
Uni N J RB & C Co See Pa B R
Utah Central See Rio Gr Wea
104 111
Utah <fe North See Un Pacific
Tita <fe Black R See N Y Cent
3
See Mo P
11041H 4 \' er Val Ind &
' irginia Mid
See South Rv
1st gold 5s
1939 M-N
Wabash
2d gold 58
94
94 34
1939 F-A
Debenture series A
1064 109^,
1939 J-J
s7
SeriesB
1939 J-J
87
KetA-Ch Ext 1st g 5s. .1941 J-J
914 91*8
lies Moin Div 1st g 4s. .1939 J-J
st Chas Bridge 1st g 68.1908 A-O
Warren See Del Lac & West
1908
1948
1st gold 6s.. ..1934
<fc
914 102
10041004
97 4 984
1154118'e
137 3«Feb'99
116 Nov'tll
116
1014.
105
g 5a.. 1908
C St P
Yliu
11
139
in;'.iXov'oi
g 5s.. .1942 .M-S
See So Pac Co
1st sink I g 5s. 1919
1
i'io
Palls & Nor 1st g 6s. 1939
IV siat lsl Rv 1st gu e 44S-.1943
1364 Snub & Lew See Penn BB
S via Ring & N Y See D L &
1124119
H41g Spoh
111
L26
97 U 144
80*4 86
H64Apr'01
St John's Div 1st g 4s. ..1934
Ala Mid 1st gu gold 5s.. 1928
Bruits A:
1st gug4s.. 1938
8ilSpOca<fc G gug4s..l9Ls
Scioto Val
46
19 18
See
Ph
A;
Ala
Tol& O C
Begistered
1922
1937
Begistered
1937
1st guar gold os
1937
1937
Begistered
Will A SI 1st gold 5S..1938
Registered
1938
St PA; Nor Pac See Nor Pac
&N
'j
1174 llG^Nov'Ol
....
139k Oct '01
11G
-140
Reduced
Pies
sep '01
98
Apt nl
rov'97
W
1113.,
<
1st eonsol gold 6s
SFe
.
133
99
1951
L961
1st gold 4s
.
W
Li
Begistered
llo
Dw
11
1
119
1
126"
1144
114V
'-!
hist
1st trust gold os
St
S V KB gold 4fl.. 1996
Soulhw Div 1st g os. .HUT
Nor Div
J
.1
i'1'9"
i
115
13
A-O iYu 4
M-N 1074""""
M-N
Virginia Mid ser D 4-5n. L921 M-S
111
M-S
1926
Soriea E5a
1986 M-N 1154117
General 5s
1931 M-N 1154117
Guar stamped
91
1st cy gu 4s. .1924 FA
o Ai
West N C 1st con g 6s.. 1914 J-J log
894 98
12
1937
I
—
.
8tLM13r SwTRRAofStli
Mlun Uuion 1st
Mont C 1st gu g
—
J-J
—
Wabash
itered
4s
p
1
8s. .19]
20"
i
110
L09
113
JIN
M-N
Ken Sb stamped
Law A- Ailirou 1st g 58.1996
1996
2d gold tis
St L & Cairo See Mob & Ulno
St L Ai Iron Mount See M P
1st div 1st
-
111
O
An
Equip sink fund g 5s. .1909
19?"
Uuli A .Meek 1st g 4s. 19 Is
So Car* Ga 1st B68....1919
10141014
lOl^Nov'Ol
'4.
\
A
l'.'l
.
LDI
MS
6t
EMinu
1
.114 4
111
107
1922 J-.I
Ga Pac By 1st gi'.s
Knox A- Ohio lsl g lis. ..192," .1-J
jAioi.A- OnioooUtrg Lb.. 1938 M-S
L93i M-S
Begistered
1916 J-.I
BiCh A Kan I'un g 6a
36
924
2
L1
lo7
ff
m
M
9841033,
102
Aug'03
I
.'
LSI 4
121
99«.|145 92
l-i
gu
.1
L905 I' A
7a
LOlt M-S
Sabine i>n Lsl g 6s
J-J
18
,,,, gold 5a
Southern Lal con g os.. ..1994 J-J
..1994 J-J
Begistered. ..
..1986
J
M, hi Div 1st
ouis dn- -i
J-J
.J-J
Ala ('en B 1st g 6s
..1948 J-J
All A Kaiiv 1st g Is.
A-O
aii a vad i-t e guar4
J-.I
ol A Greenv 1st Os
i: T Va A Ga
g 58. .1930 J-J
1951
M-N
1st gold 5s
1938 M-S
E Ten reor Lieu g Bs
1988
stored
1
i
D
a
1
—
gug44s.l949
w 1st
a
fj
1st
J
AO
Lest
KO lsl
J
J-J
A ii
si
N Mex
1114
O
.1
1
i
StLS
go
1
s P Coasl
Tex a
111
116^4
1943
ii
1
oi
14
lui igNov'Ol
Befunding g 4s
1st
1st
N
.1
\
guar
Stamped... .1905
'98
91
J
gl
l.-l
1917
StL<fc S Fran 2d g 6a CI B
2d gold Os class C
General gold 6s
General gold 5s
i'.s
110
AH
r
l8tg6ssei
11 'ii
1st
Co
6s.. 1922
Pi mi Co
La
Cal
ot
o
\
Nl
1
1
—
Registered
St Louis So See
1st
eal
1-t
.
J
.1
A O
78. 191^
J-J
A
4a.l912
g
I
lstgi
ills
See
1
.
;
a Mex gu
oi
(VI
L921
Guaranteed gold
Ore a Cal lal
s a a a Paaa
iviiii
Registered
Bensat i.i. a >.u See D & U
Rich A Dan -s.t South By
Bicli A Mtil; See Southern
L9S9
Bio Qr Weal 1st gis
Consul and col cruel is .1949
1st
gug4s.al917
Cent
'Utah
Bio Gr J nnc lsi mi g •">.-... L939I
1940
Km gr so i-i gold 4s
L940
Guaranteed
Boih A Pitta See B k a P
Bonn- Wat a Og See N 1 Cenl
L94
But lami 1st cou g 44*
StLKC&H
\
No
1
L27
112
117
Pitts V A Ash 1-1 cull 58.1927
Reading Co g« n g -is
Sin-
I.
\
w .'i\
a A
LSI
'j
1 'J
N
1st consul guld 5a
Fitt.s
J F
j'an'dl
117
.
...
a
1st g 6a.. .1940
E
l.
N
,,A
rau'B
ll'-j"
.
SeeN v Ceu
">
<S
1,
M
gU .1937
1912
mi guat
gola 4a no guai
.,,
1
a T.ii i-i V
Pitta in
Put.- Ft
A Cli Set
L922
Pitta June Lsl gold Os
Pitted! i. Erle2dg5s...al928
t
w
.
r «;s
W
t\
.
127
.is
PlneCrei
N
(,,
.
'4
l.-l
1
I
nl
'
12S
BagTusA H
gll
iUsoI g 6a
'
llar'00
s 4
M92I M
..1!
lsl consul gold us..
PI Huron i>i\ Lai g Bs 1930
Pin-
1
-I
1
a.
.
1921
I
-
.-
-
Southern Pac Co
\
A V
til
a P M g6a L02O A
2d gold 4 4a
PexeMarq
Na
1
mil
.'.
107
i
:
See
II
::::::
L02
2
1 1
l
& Ail
ova
I
II.-
STOCK KXCH
1
.
'-.--
l
.
lanvary
limit A'o
m N 1094112
1923
la
-
N
Last
1151
4
BONIM
\ge
ii
dak
\Bitt
—Page
J-J
gold 3 4s
1943 A-O
Income 5s
dl943 Nov
West No Car See South Ry
Weal Shore See N
Cent
Va Cent A P 1st g 6s. .1911 J-J
Wheel's* L E 1st g B8...1926 A-O
Wheel Div 1st gold 58.-1928 J-J
Exten & Imp gold os.. .193o F-A
1st consul 4s
1949 M-S
Wilkes & East See Erie
& Sioux F See St P <fe J&i
Wmona A; 81 P See C <fe N
Wis Cent 50-yr 1st gen 4a. 1949 J-J
1204 121 U 120% Nov'O 1
n
99 34 100
35 ...
6
99"4
Mar'01
40
Y
W
WU
M
W
IKS'..
11.">
112
110
93
116
Sale
893s salo
119
10
112
118
112
92
95
31
70
111
112
122
100 4
40
Mat'Ol
HI '01
May'O]
11341134
1114
11i' 34
J
112
112
91
112
1
924
19
s9
1174
89% 69 854 92 4
884
MISCELLANEOUS BONUS—Concluded.
Manufacturing Sc Industrial
Am Hide & L 1st sf g 6s. .1919 M-S
Am Spirits Mfg 1st g68..1915 M-S
Am Thread 1st col tr 4s. ..1919
Miscellaneous
82
100 1,
J-J
Co 1st g 6s. ..1942 J-J
Consol Tobacco 50-yr g 4s. 1951 F-A
Distilling of America collateral
924
924.
Bar<fe S Car
trust gold os
1911
Gramercy Sug 1st gold 6s. 1923
111 Steel Co deb 5s
1910
Non-conv deben 5s
1913
Int Paper Co 1st con g 6s.l9is
Knickerbocker Ico (Cnloafi
1st gold 5s
1928
INat Starch Mfg Co 1st g 6s 1920
"644 Sale
i'05"
Jan "00
634
Ko price
98
75
85
Adams Ex col
tr
Am DkA; Impos
Bkln Ferry Co
i.kin
...
64-V731
62 4
67 4
864
82
90
864
A-O
90
994 Apr'Ol
1004
99 Jan '99
100 4 J'ne'01
109 41094
1094
J-J
A-O
M-N
loin-..
93 Ang'00
107 Nov'01
91', 92
92
57
564
504
98
107
106
iNat Starch Co sf deb 5s.. 192.'. J-J
Stan Rope<fe T 1st g 6s... 194 K-A
56
Income gold 5s
1946
84
94 64
6*6
tJ S LeathCosfdebg6s..l913 M -N| 112 4 113
1124 Nov'01
(•
90
wAw
g4s
1948 M-S
See Cent
Friday; latest bid and asked.
loo
',
1004
100
105
111
g5a 19 1s
os trotfs..
Lal
Chic Jo 4 st yard oolg 68.1915
Det M & M id gr 3 4a S A 9
Hack Wat Reor 1st g,"is. .1920
liobuken LA;
gold 58...1910
Mad Sq Garden lsl g 5a.. 1919
Man Beh 11 A- L gen g 4a. .1940
Newp Ne Ship A D D5sdl990
N V A Out Kami lsl K68..1910
SI
96
91
404 724
;.',
1 1
2
4
12
1 1
aDueJan tDueFeb dDue Apr
5
g
4
1
1
1
I
BB
no
107
NJ
1st coll
11
.
874 864
J-J
A-c
F-A
80
93
Nov'01
se.iu-
J-J
80
831b 8840et '03
754
754 64
'01
A-O
33
F-A
I
!o
eon
Vermont .Mar
fc
ill
109
914
78
111
354
M N
M-N
oet
•:>'.>
4N
914 914
Pl'.'P
J-K
MS
l
88
M -N
,1-J
6s.
fl
1st 68.1906
1st a
Due J'ne h Due J'ly
103
J-J
91
Wat
Mai
111
90
Sp Val Wat Works
61
•
Co 50-yr g34s.l95] J-J
Tel CupplesSI.tt'llA;
Co lsi g 448 5-20 year.
1054
1043a
J J
F A
1.
S \ ulia
1044
101
113
Feb'97
4J1.V00
5s... L910
Due Aug n Due Sep p Due Nov
q
Due Deo «Optionsale
THE CHRONICLE.
1152
of Business at Stock Exchanges
Volume
TRANSACTIONS AT THE
DAILY.
NOV
>ad
2<J
<£c
Bonds
Par value
Shares
1901
STOCK EXCHANGE
WEEKLY AND YEARLY
Stocks
ending
ii'lc
li
NEW YORK
Stat*
U S
Bonds
Bonds
[Vol. LXXIII.
<;n* SwutIHw
Indianapolis Gas stock 60
M-N
920
Jackson Gas Co
5a g 1987
1-,
Kan5a 1922
Ask
01
,,n
v loo'-.
'.)'.'
50
74
102
69
A-o Jloo
100
20
Ciiesebrougli
80
Laclede oas see
r'eGaalsl 6s'24.M-N
WabV 1st 0s'25.J-D
Madison Wis) Gas—
48
1 7
'•;
•^d
Col
1st lis 1926
A -o 8107Hi 109H,
Newark Gas 8a 1944.Q-J 8 140 Hi Ml
Newark Consol Gaa..l00
58
Monday
Tuesday
Wednesday
788,262
Friday
Total
71,6
IIULI
74,587,200
4.091,544 $889,387,40(1
3,000
1,600
n
1,500
$7,000
$16,492,000
January 1
to
Nov 29
1900
1901
1900
1901
115,068,558
249,718,911
3,045,943
4,091,544
$389,387,400 $352,949,050 $24,218,181,625 $11127107,087
Par value
$145,025
$130,575
$1,000
Bank shares, par..
Stocks— No. shares
BONDS
Government bonds
State bonds
Kit.
and mis. bonds
Total bonds..
--
$1,500
7.000
16.492.600
$39,100
45,000
18.529,500
$1,026,570
2,388,300
918.193.200
$6,257,310
1,957,200
463,744.300
$16,501,100
$18,611,600
$922,208,070
$471,958,810
DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA
EXCHANGES
50
46
96
.
22
50
96"
81 Josi ph Gas 5a 1037. J -J
so Hi
StPaulGas Gen 6a'44M-8
15
Syracuse Gas stock.. 100
18
88
91
1st 5s 1946
J-J
Western Gas— 5s See St'k Exch list
'.11
I
38
110
107
&
Km
I
llo
102
lol
103
80
li.l Car ileal. ilk' 100
Firew'ks com. <>'
loo
Preferred
Consol Rubber Tire. .100
Cons Tobacco -is. ,s><- >ik
il
1
Om
Corliin
Cramps'
,
.
250
106
100
& PI Co..
BhAKn Hldgloo
Diamond .Match
1
12
21
16
2 Hi
4 Hi
&
Stock
100
4HiS, 1905
Hudson Biver Telepb 100
84
120
55
123
109
113
1
rai
(
NYANJ Telephone
50
5
Hi
so
6
45
100
100
1 00
100
100
Preferred
Gorham Mfg Co com. loo
loo
Preferred
H acken sack Mem lows loo
Havana Commercial. 100
100
Preferred
'.hi
.i
O-t
86 Hi
Electric Boat
terred
Steel
.
Exch
(•
Dominion securities. loo
Genera
list
20
list
(I'
Empire
184
10
106
oiiliniiilal Tobao di
'
(01
aliiinl Lock.
112
105*8
98
12
60
(
110
40
10
•
•
Preferred
100 IT.",
Commercial Cable
Commer Un Tel (N Y).25 115
Emp & Bay State Tel loo 78
Erie Teleg & Telep See B ostun
47
Franklin
100
Gold
Co...
420
-i-i
c
100
loo
100
Vehicle
100
Preferred
Empire State Sugar. .100
J-J
1st 6s 1915
«fc
Bell Teleph of Buffalo 100
So Amer. ..100
Chestfc Poto Teleph.. loo
J-J
6s 1909-29
Central
id
ion
100
LOO
ion
100
1917
20
15
Eli otric
Telephone
AmerDi8tTcleg(NY)loo
Telejrr
.ilk
I
ferriage
10
60
a
4
H2
57
Chemical
99 Hi 101
110
120
41
14
54
41H>
15
57
53
95
Hkr-.Iones-Jew'l.Mill.pfd
M-S
1st 6s 1922
Mexican Telephone See Bosto n list
New Eng Telephone See Boato n list Herring-HaD-MarvlnlOO
loo
1st pref erred
Northwestern Teleg. ..60 122 126
Philadelphia
Boston
Week ending
M>
1
!
Stock:
Exchange
58 19 IS Sr, -Slock EXC)) list
New 1". ntr Gas <t C Bee B oaten
is
0<fe Ind Con Nat A 111 100
1st (is L926
Providence Gas
2,000
1,140,500
Week ending Nov 29
Sales at
New York
2,(K)0
163,200
8,781,500
3 Hid OOO
DA
$
$
'
I
pi'-f
-1
Hook Coal*
A:
1st g 61
:omp
(
I
$1,812,500
$55,858,900
114,601,600
72,816,400
1
1
Un
1
MfgCo
11
B
preferred
union
Claflin
52
48
>l
1
1
A-O 8102 103
N v stk Exch
'•-
692,574
1,206,986
758,204
745,539
Induxf rial :ind
Chateaugay on a
.
Grain 1.1
2 ;'i
86
40
169 172
6Hi
100
2d preferred
111
114
Hoboken Land & ImplOO 110
7S
106
M-N
83
5s
1910
sales
sales
sha res
25
t
26
97 H
International Salt certfs
100 103
Internat'l Silver See Stk Exch list
$63,200
1,862
$101,820
56,515
14.152
9,094
Saturday
100
l<
t
6
J
7H
6B1948
178,803
2,714
81,429
27,614
48,81.0
Monday
22,376
2
*
26
Iron steamboat
192,840
2,280
02,138
37,250
117,820
Tuesday
18,910
Electric Companies
130 140
15 Stetson com.. loo
John
64,089
2,118
47,614
234,925
27,861
Wednesday
14,693
100 123 135
Allegheny Co Lig'tColOO 165 170
Preferred
....HOLI DAY....
Thursday....
Il34 12
20
Lanston Monotype
2,204'
79,700 Chicago Edison Co... loo 157
77,838
106,000
60,520
33,594
Friday
Edison El IB Co Brk N Y Stock Exch Lawyers Mort Insur.KH 225 230
95
13,
ion
lHi
Lawyers' Surety
$579,232 Electro-Pn eum'ic Tranl Stock
11,2381
$609,375 325,534
167,397
Total.
98,667
Exch Lawyers' Title Ins... on 840 350
General Electric Co N Y
Hartford (Ct) Elec Lt 100 196 200
Lonllard (P)prel
100 115
10
KingsCo Elec L&PColOO 183 186
Madison Sq Garden.. 100
65
M-N 55
Narragan (Prov) El Co 50 t 92
2d 6s 1919
7
7H?
NY&QElL&PowColtio 38 40 Mex Nat Construe. pf loo 13i
Securities
73
4
Preferred
100
76
Monongahela R Cos
45H2 46 Hi
Bholsl Elec Protec ColOO 119
Preferred
50
For Weekly Review of Outside Market See 7th Page Preceding.
100
9
100
12
Storey General Elec 10
Mosler Sale Co
20
19
14
United Electric of N J100
16
National Carbon
Street Railways
Street Kuilways
Bid Ask
88
68
Bid Ask
70
Preferred
100
4s 1929
29 Hi
NEW YORK CITY
100
33
35
Grand Eapids By
Unit ElecLt'&Po" Co..5(J See Ba ltlist Nat Enam'g<fe Stamp ion
87
ion
86
87
Preferred
100
35
37
88H2
Preferred
Bleeck St & Ful F stk 1 00
Ferry
Companies
list
Phila
list
Exch
Indianapolis St By Ste
Stk
National Salt See
99 102
lstinort4s 1950.. ..J J
l"i
160
140
18
18
Hob&Paterson..lOO
20
Surety
100
248
251
J
C
4
Brooklyn
Ferry
stocklOO
National
stk.
100
B'way ct 7th Ave
33
40
4sgNovl 1949. ..M-N 8 80!4 80 78 NY&Blst6s 19.ll.J-J 113 115 New Central Coa I...
lstmort 5s 1904. ..J-D 101 !4 102
so
12
Lake St (Chic) El stk.100
100
110
Loan i- Imp
J-J 108
12k
Con 5s 1948 See Stock Exch list
2dmort 5s 1914
1025
114
M-S
103
108
1911.
Deb 5s 1928
J-J
Metropolitan Ferry 5s...
110
N Y Biscuit 6s
Con os 1943 See Stock Exch list
8
10
12
Louisv St By 5s 1930 J& J 8118 119
YDoclcCo
100
N Y & E B Ferry stk.100 69
B'way Surf 1st 5s gu 1924 $114 116
40
43
100
Lynn& Bos 1st 5s '24. J-D 8113 114
M-N 8 94
Preferred
96
2d 5s int as rental 1905 8103 105
1st 5s 1922
94
92
MiuneapSt lty5s See Stk Exch list
F-A
Ceut'l Crosstown stk. 100 255
N Y & Hoboken stk.100 80 81
1st 4s 1951
11 >2
29 H2
M-N 8120 125 New Orleans City By 100 28
Hob Fy 1st 5s 1946 M-N 5112 "a 114 N Y El V Tr ($20 pd)100 11
IstM 6s 1922
150
100 100 105
Preferred
J-D 8 90 Hi 91Hi N Y'Bealty Corp
Con 5s 1946
100 130
Cen Pk N & E Biv stk 100 208 219
North Chic Str stock. 100 180 183
100 128
J-D WI 104
Nicholson File Co
Consol 7s 1902
New York & New Jersey
10
11
J-J
1st 5s 1906-16
195
1st 5s 1946
J-J 105 Hi 107
Ontario Silver
100
ChristTcfc 10th St stk 100 185
75
29^ 30 Hj
Exch
North
Jersey
stocklOO
22
23
list
St
80
10th <fc 23d Sts Ferry 100
100
Otis Elevator coin
Cohfc 9th Ave os See Stock
4sl948
M-N 80 H2 81
108
100
1st mort 5s 1919. ..J-D 105
Preferred
Dry D E B & Bat stk 100 120 130
24
2 4 Hi
114
Pat By con 6s 1931. .J-D 8126 130
Union Ferry stock. ..100 43 Hi 44
50
1st gold 5s 1932... J-D 112
Pittsburg Brewing
43 Hi 44
A-t) 8100
F-A 103 H? 104 Hi
2d 6s 1914
1st 5s 1920
M-N 8 97
98
Preferred
50
Scrip 5s 1914
36*3
28
28
100
400
410
Boche8ter
By
(new).
38
H2
Eighth Avenue stock 100
Pittsburg Coal
100
91V, 92
Railroad
90
Preferred
100
91
F-A 105 109
Preferred
100
Scrip 6s 1914
167
Con 5s 1930
A-O 111V, 114
lOHi 12
100 105
42d<% GrSti'errystklOO 395 405
Chic Peo & St L pref. 100
Pitts Plate Glass
5> ft
2d 5s 1933
J-D 102 105
106
Prior lien g 4 Hss'30Mcts 8103
Plymouth Copper Co. 1 t 5
42d St
& St N Ave 100 65 75
So
Side
El
127
131
112
stk.100
95
114
(ChlC)
Pocahontas Coal Subs .
lstmort 6s 1910. ..M-S
Con mtg g 5s 1930.J&J
98
.V,.
21 Hi 26
92
Syracuse Rap Tr 5s 1946 101
101
99
Income 5s 1930
Pratt & Whitn pref.. 100
2d income 6s 1915. .J-J
31 !4 31 s4 Denver & South'n See S tk Ex list
UnitBys(St L Trans) 100
100 339 341
Procter & Gamble
Lex Av <& Pav F 5s See. St k Exc list
3
Preferred
100
15\ 16
88 4 89
100 202 205
Detroit Southern
100
Preferred
Ninth Avenue stock. 100 196 205
39 H; 40
Gen 4s 1934
J-J i 90*4 90 Hi
Second Avenue stocklOO 217 220
Preferred
lyo
Boyal Bak Powd pref .100 102 103
S7H: 8734 Rubber Goods Mfg .S'eeSt oekEx list.
Jf-D
lstmort 5s 1909. .M-N 8iooh> 107 34 Unit Tret Elec (Prov)lOO 108 Hi 110
1st 4s 1951
78 34 79
62
91
F-A ni8 120
100
West Chicago St
Russell & Erwin
Consol 5s 1948
98
KC Ft Sc&Mempf
26
S'i'V
137
(Jong 5s 1936
M-N 8
100
Befgg4sl936
Sixth Avenue stock. .100 175
86H2 Safety Car Heatcfe Lt 100 130
>«
15
15
166
171
115
Boulev
.J-J
sin
National
Hardw
com
100
Sou
5s 1945.
Mex
(w i) ..100
14 Simmons
Gas Securities
100 139 142
Preferred (w i)
So Fer 1st 5s 1919. ..A-O Sl 08 110
100
38U 38 Hi Preferred
NEW YORK
100 140 147
Third Avenue See Stock Exch list
Prior lien 4 H2S I926(wi) 101 H; 102
2d preferred
100 t
Tarry
P & M 5s 1928 103 106 Cent Union Gas 1st 5s. .. 8109 110
1st con 4sl951 (wi)...
Singer Mfg Co
78-s 79
110
Con Gas (N Y) stock N Y Stock Exc Nor Pac new 4s (wi)
37
38
YkersStBB 5s 1940A-O 109 HI
Eye...
Snap Hook <fe
5
6
Eipiit Gascon5sl932 Set Stk E x list Nor'n Securities (wi) 100 107 34 103H> Standard Milling Co. 100
111
28th & 29th Sts 1st 5s '90 110
21
Mutual Gas
Twenty-Third St stk. 100 408 415
100 295 305
loo
50
Preferred
22Hj
Pitts Bess & L E
37Hj
iii>
71
J-J 103
106
Deb 5s 1906
New Amsterdam Gas
Preferred
50 t 71
5s
1st consol 5s 1948. .J-J 108
Union By 1st 5s 1942 F-A 110 118
109
Seaboard Air Line See E alt list
Standard Oil of N J..11H 695 697
Elec Lt Heat<fcPower
220
stand Undergd Cable 100
Westchest 1st 5s 1943 J-J 111 113
Industrial and IHiscel
Gold 5s See N Y Stock Excli list
Sloss-Shetneld -See Stock Exch list
BROOKLYN
18
N Y & East Biver Gas—
27 H? 33
Aberdeen Copper
25
20
Standard Coupler comloo
J-J t
115!4 Acker Mer & Condlt...6s 100
loo 115 125
1st 5s 1944
Atlan Ave 5s 1909.. A-0 8107 108
Preferred
A-O 114 -2 115V,
J-J 108
70
Consol 5a 1945
Con 5s g 1931
112
Amalg Copper See Stock Exch list
StiUw-Bier& Sra Vpt loo
list
Nor Un 1st 5s 1927. M-N 108 110
100 105 110
Inipt 5s See Stock Exc
Am Agric Cheni See B oston list Swift& Co
102
Standard Gas com
100 130 135
E 5s 1933. .A-O 102
56
1st 5s 1910-1914... .J-J 8101
B B <&
Amer BankNete Co... 50 53
1234
100 150 155
12
Preferred
Brooklyn City stock... 10 242 243
Am Bicycle See N YStlc Exch list Tennessee Copper
25
M-N 8116 117
18 k 19
75
1st 5s 1930
American Can com. ..100
Texas & Pacific Coal. 100
Con 5s See Stock Exch list
04 H 65H
Bkln Crosstn 5s 1908. J-J 105 107
Preferred
A-O J106 110
100
1st 6s 1908
83
Bkn Hgts 1st 5s 1941 A-O 105
American Chicle Co. .100
86
Title Guar <fc Trust. ..loo 525
OTHER CITIES
8IH2 83
Bkln Q Co <fe Sub See Stk Exch list
Trenton Pottery com 100
Preferred
100
6H1
478
loo
69
72
Bklyn Bap Tran See Stk Exch list
Amer Light & Tract. 100 20
Preferred
21
Amer Graphophone...lo t 4
To
Preferred
100
8
88 H 89 H*
8Ja Trow Directory new. 1 01
Coney 1 sland& BklynlOO 325 400
Preferred
10 t
5*4
Baltimore Conaolidat See Bait list
5
lo
J-J 102
103
Amerlluleifc Leather 100
1st os 1903
5Hi
OH2 Union Copper
27
100
35
Bay State G*c
60
29
Union
Steel
<fc
Chain.
5scrttsindbt 1903.. J-J 100 103
Preferred
100
31
H
1
40
50
5s 1939. J-J 113 H> 114Hi Binghamton Gas
Preferred
100
6s See Stock Exch list
72 4
5s 1938
A-O i 93
95
Union Switch & Signal 51
Gr St&New 1st 5s '06 F-A 104
96
Amer Press Assoc'n.loo 80
91
Boston United Gas bonds Hosto n list American Screw
Preferred
109
50
Gr'pt ct Lorimer St 1st 6s 106
100
7&H2
62
65
Buffalo City Gas stocklOO
10>4
Kings Co. Elevated—
39
Union Typewr com. .100
Amer Shipbuilding... 100 3s
1st 5s bonds
97 as 99
loo 119 123
79
100
1st preferred
1st 4s 1949 See Stock Exch list
Preferred
81
Exch list
100 115 US
3
Chicago Gas See N Y SI
Nassau Elec pref
100
83
85
Soda Fouu com. .100
6
2d preferred
6
Cincinnati Gas &EleclOO 102
55
6Hi
A-O 113 114
100
65
U S Cast Iron Pipe... 100
5s 1944
1st pref erred
102 H2
Heat com 100
11
Preferred
30
J-J
Col Gas
100
1st 4s 1951
97
99
93 H»
15
100
2d preferred
27
27 Hi
100
Preferred
loo 101 a4 102 V, American Surety
NewWb'g<fcFUstex4H2S 106 108
50 175
185
U S Cotton Duck
90
8S
1st 5s 1932
J-J i 106 Hi 107 Hi Amer Strawboard
Preferred
100
Steinway 1st 6s 1922.J -J 8 117 Hi 118V,
100
24^ 25
45
Consol Gas (N J) stk.100
F-A lOO's
12
Bonds 6s
U b Envelope com... 100
14
OTHER CITIES
loo
70
80
Preferred
1st os 1936
J-J
78
Am Typefo'rs stock.. 100 53 56
80
Buffalo Street By—
Consum Gas (J City)—
Amer Woolen See Stock Exch list
U S Glass common... Ion 36 38
M-N 8103 104
1
Preferred
100 140 145
1st consol 5s 1931. .F-A §117»2 118
1st 6s 1904
2
Amer Writing Paper. 100
Deb 6s 1917
Detroit City Gas
50
8
A.O 8105 107
Preferred
100
10
U s Reduct&BenninglOO 34 34 Hi
73
65
64
Chicago City EB stk. 100 187 190
Detroit Gas See N Y Stk Exch list
68
70
Preferred
100
J-J
1919
5s
Chic Union Traccom.100
100
70
1st mort 6s
Anthracite Coal
80
86H> 87 Hi
30
11
Ilk; Essex & Hudson Gas 100
35
Preferred
Fort Wayne (Ind)—
100
100
Barney <fc Sm Car
18
U S Steel Corporation See Stock Exch
47
48
16
14
Cle v eland City By
J-J
100 120 125
Universal Tobacco. ..Ion
1st 6sl92o
Preferred
100 liov)
48
51
45
35
Cleve City 1st 5s 1909. J-J
Preferred
100
Grand Bapids Gas
50 130 140
Bliss Company com
9
Cleveland ElectrBy.100
7Hi
87 4
F-A 8 104 Hi 105 V
Ya Coal Iron <fe Coke. 100
1st 5s 1915
Preferred
60 135
86
51
48
Con 5s 1913
M-S
Hartford (Ct) Gas L...25 t 48
M-S
Bond & Mort Guar. ..100 405
5s 1949
108
50
1
175
1172
Columbus (O) St By. .100
loo
Hudson Co Gas
25
Brit'h Columbia Copper
12 Hi 13 4 Westingh Air Brake. .50
t
46
47
28
Preferred
22H»
White Knob Mining. 100 22
100 100 103
5sgl949
101
100 101V, 103
Celluloid Co
102
Colum By con 5s See Ph ila list
Indiana Nat & 111 Gas—
18
Worthing Pump pref. 100 118 120
23
Cent Fireworks com. loo
'..100
Crosst'wn lst5s'33.J-D 8110 113
1st 6s 1908
70
M-N
65
Preferred
60
8 Buyer pays accrued interest.
1 Price per share.
t Sale price.
Nov 29
Listed
1901
Unlisted
shares
Bond
Listed
shares
Unlisted
shares
Bond
&
1
00
M-N
5s 1920
Atlantic
25
Providence Telephone. 50
Southern & Atlantic. .25
Tel Tel & Cable of Am 1
Pacific
.
'
1
,
t
1
Outside
1
\
NY
NY
N
t
1
M
.
1
'i
W
t
M
NY
I
1
W
li
I
*
.
>
t
BrkC&N
t
i
i
LA
Am
November
THE CHRONICLE.
Baltimore Stock Exchanges — A
30, 1901. J
doston, Philadelphia and
Skar* Prices- Nut Per Centum
Saturday,
Nov. 23
Monday,
Tuesday,
Nov. 25.
yov. 26.
Price*.
Wedrusday\ Thursday,
Nov. 28.
Nov. 27.
1153
Dailv and Yearly Record.
Hales
ACTIVE STOCKS.
Friday,
U Indloatea unlisted.
Nov. 29.
Range of Sales in 1901.
of the
Week.
Shares
Lowest.
Highlit
Kallrond Ktoeki,
sao
sso
1*6*
16-
•846
108
109
•189
800* 960
\
160
108
144
199
109
•850
106
•845
200
160
101
191
160
182
169
138
101
100
191
169
133* 133*
869* 950* Boiton 4 Albany
360
900
100
100
945
945
191
160
181
100*
•165
940
191
160" 160
18i*
•181
189
70*
70* 81* 7b* 79* 70
79)4 80
65
60
55* 56N
•55* 06
00* •64
144* 144>v 144*144* 144* 144* 144 144
38* 3**
80* 37
80
38*
04* 04*
•81
30
04
86
04
•81
•100
110
38
04
30
04
28
99
86*
40
80
It
97*
01* SI*
103* 104* 104*
104* 10S
91* 01* 01
•0'H 91*
39
84* 31*
39* 93
18* 10* 10* 15* 16*
90
90
94* 90
94*
•37*
37* 37*
51* 514
79* 86
86*
98* 94*
•il
8<*
88
*
•91
77* 80*
23* 03
93
88* 89*
x
*
•680
045
004
604
070
550
25* 25*
16* 16*
90*
•17*
>S*
25* 85*
18
17
17
6214
63»«
38*
69*
93*
69*
as*
68*
47*
93*
0-i*
83* •82
93* 28* 83*
68* 09
6**
«"i* •4«* 474
85
84
24*
76
77
69
48
48
94
88
77* 77*
1%
34
•90
188
4*
1*
6%
1*
3*
133
85*
80
B*
4*
1*
»X
J*
90
183
85
6*
47
90
90
86*
•70
13* 13%
INACTIVE STOCKS
BAILROADS.-Priee*
'
* Charlotte (Bait) 100
Bost 1 C
100
Boston 4 Ptov. "
411
oi 4 Maine pf
(
.
)
"
4 Passum
(Oonn Elver....
Bid. Ask.
Nov. 29.
"
100
100
PreM
803
170
380
48
V,*
77
100
80
60
68*
slain* Central. (Boit) 100 170
Ulnehtll4SH.(Phll) 50
Beaquehon'g V. "
50
MorthPenn.... ••
60 107*
Pere Marqu'te.(Bost)100
83
«'
Pref
100
86
Phil Germ 4 N.(PhU) 60
"
9*>
Phlla. Traetlon
60
K
Bys Co General 1 "
....
5*
Butland pref ..(Bost) 100 118
United N J
(Fhll)lOO
OnPow4 Trans
25 '4*5*
West Bnd pref.(Bost) 60 114
West Jer4 SS.(Phil) 50
WestNT4Pa. "
50
Wis Cent, new. (Bost) 100
81
"
Pref
100
«'X
< or Nash 4 B.
"
IOC 130
MIBCBLLANBOUS.
Amer.Oement.
(
Phil)
Am Gold Dredg( Bost)
10
10
48
(Phil) 50
mPneumServ(Bost) BC
1.
"
Pref
60
"
Aroadian
26
Arnold Mining. "
35
"
Atlantio Mln'g.
35
"
Baltic Mining..
25
Beth Steel
(Phil) 50
Boston Bleo Lt(Bost)100
^amb^la Iron.. (Phil) 50
Camb SDrexel root " ....
Janton Co
( Bait) 100
Central Oil
(Bost) 95
ConMercurgold
Tel
"
5
"
100
20
Dsly-West Mln
179
064
85
87
"
Pre
&
90
18S
I
20*
80
100
015
100
045
03
23
Preferredl
Amer. Telephone
Calumet 4 Heola
4 Tel. Co..
91*
49*
140
7
25* 86*
88
46
89
47
• • • •
1
at*
•
*
•
47*
ex
1*
80
98
180*
81
%
28* 29
89
13*
IS*
13* 14
it*
98*
Eaeton Con EL (Phil) 60
810*
Edison El 111.. (Bost) 100
XleoCoof Ami] (Phil) 60
6*
Franklin Min'g.(Bost) 25
10
General Elect..
" 100 373
376
" 100
Pref.
" 100
Ind-Egyp Com
4
Iat Bat
10
1
1*
Int8P<8>Dyn*m(Phll) 60
8*4
Isly BoyaleU..(Bost) 25
83
83*
Maeufac Bub.. (Phil) 60
"
Fret
60
HA8M"
...
85
50
96
100
.
'
Preferred
United States OH
4,800
947
a 29 15-16 80 3-1 6
STOCKS-BONDS
Bid.
b
8.
(Phil)
6
2*
6*
»X
4* "*4«
98*
93
35
354
43
• • • •
»
• •
84*
47*
14
156
8*
10
167
4
Tamaraok Mln. (Bost)
Tidewater
10
A
I
St..
.
(Phil)
DnCopL4M'g
"
"
36
35
UnKlL4Powpf (Bait) 50
United Fruit (Boat) .100
25
OS Mining.... "
" 4-85
Utah Mining..
Warwick I 4 8. (Phil) 10
Westm rel Coal "
50
Winona Mlnlng(Bost) 35
Wolverine Mln. "
35
8*
87
87
3
8?*
83
88
80
15*
154
82*
33
e*
Non-exempt 61. '18 J4J H07
Sink fund 4s. .1010 J4J I100
Cent Vt 1st 4s 1930. .Q-F I 83*
Ch Bur4Q4s.l022F4A {101
24
50
100
103
84
110
84
03
100
111
^ast'n 1st
lis"
M
W
(111
5s..,,,
,
K C4 M Ry4B 6s.'29 A40 {107*
KC8tJo4CB7s.'07J4J till
100
184*
100
90
St 5s. .'03
M4N
A4C) 1118
Mex Cent 4s g.. 1911 J4J i 81
1st oon no 3s g non-oum
SI
2d oon lno 3s non-oum..
81
88
3i*
32
1
9
78* Nov,
20
80
0,991
906
199* June 18
::4* June 13
91
June 18
Oot.
Jan.
••July
2,100
9*
*
*Apr.
93,308 ll'<* Oot.
981 113* Oot.
1,306 161
Jan.
43 015
Nov
11,098 18* Mar.
680 IS* Oct.
195 58 Jan.
008 32* Nov.
1,174 40
Feb.
735 83 May
3,981 SO
Oot.
1,183 62* Jan.
4*
740
1,385
3,185
8
3,549
10* July
IIMH
085
40
54
60
881
180
189
lli
4
8
July IB
May 22
Mar. 5
380
31* June
34* May
65* July
3S4 Apr.
31
15
38
14
4
1
10
12
3
Oou
79*
7*
8*
10
90
146
14
13
38*
13
128*
8*
15
Jan.
Apr.
Jan.
Feb.
Feb.
Jan.
Apr.
Mar.
Feb.
2
12
3
13
13
2
12
5
13
June 20
41
Jan.
Jan.
Jan.
11
Aug.
76
50
09
11
21
Oct. 34
35 90 Feb.
314 127* Jan.
3,800 24* Nov.
8.898
4* July
1,770 34* Oct
1,534 113
Sept.
680 30* Feb.
087 23* Jan.
Jan.
Mar.
169* June
Nov. 80
Nov. 19
1
Apr. 83
i'9
Jan.
2
48* Nov.
14
80
17
55
75
Sept
Mar. 30
Apr. 12
80*
Sept. 17
Aug. 21
Bid.
• e
•
09*
99*
Fund debts- 3s. 1 9 9 1 J 4
09* 100
West N C oon Os.1914 J4J 180
WestVaC4Plst8g.'llJ4J 115 1*15*
WU4 Weld 5S..1935 J4J 131
Sonde— Philadelphia
AlleYyEext7sl01OA4O 138* 134
40*
Asphalt Co 5s
tr Ctfsl949
Atl City 1st 5sg..'19 M4N
Ter 1st 5s. 1920 J4D
Berg4BBrewlst6s'21J4J
Cambria Iron 8s.l917J4J
Balls
103
Atk
113
98
1184
1
•
AtlG-Llghtlst5sl917J4D
Atl Coast L Otfs 5i . J4D
Bait Belt 1st 5s. 100OM4N
.
BaitCPaslst5s.l911M4N ib'7" ib»"
Fnndg 5S.1910 M4N 1304 181
Exchange 3*s.l930J4J 111
111*
Balt4Plst6sml 1911A40 118
Bait
1st 0s tunnel 1911..J4J
Bal Trao 1st 5S.1929M4N
Ext 4 Imp Os.1901 M4S
120
116* 117
Consol 5s.... 193 2
M4N
118
• •
••
• •
•
•
180
Bxt 4 Imp 5S.1033M4S 117
Chas City Ry 1st 5s '23J4J 105
108
Chas Ry G 4 Bl 5s 99 M4S
93* 95
CharlC4A ext5s.l909J4J 116
3d 7s 1910
A4C
Clty4Sub lst5s.l923J4D
Clty48ub(Waih)lst5s'48
Col4Grnvlst6-6.1917J4J
Consol Gas 6s.. 1910 J4D
5s
1939 J4D
Ga 4Aialstpf5sl945A40
107
no
94
128
100
117
95
185
118* 114*
114*
114
Norfolk St 1st 5s '44.J4J
NorthCent4*s.l925A40
6s 1904
J4J
Series
5s 1928.... J4J
Series B 5s 1026.... J4J
A
SecAvTn(Pltta)5s'34J4D
Bav Fla 4 West 5s '34 A40
Seaboard A L 4s 1950....
8eab 4 Roan 5s. 1926 J4J
So.Bound lst5s'41.A40
UnElL.4Plst4*s'20M4N
El 1st 4s'49.M4e
3d series 6s.. 1911 M4S
3d series 6s.. 1916 M4e
4th ser 3-4-5s.l021M4£
5th series 5s.l»26 M4c'
Blm4WUmlst6s.'10J4J
.2862 A40
Bq 111 Gas-L Istg5s.l92b
Hestonv
4 F oon 5s. '24
Income
•
»
5s...
M
* s *
61* 08
110
Ry 4s.. 1033
Lehigh Nav 4*s..'l4 Q-J
1014 Q-F
RR4sg.
Gen M4*sg.. 1024 Q-F
Leh V C'l lst5sg.'38J4J
Leh Yal ext 4s. 1948 J4D
1010 M4i:
2d 7s.
1923 J4L
Consol 6s
Annuity 0s
J41)
Bat Asphalt 6s.1951.J4J
'48
J4D
New'k Con Gas 5s
Newark Pass con 5s.l03O
NYPhll4Norlst4s '39J4J
Inoome 4s ... 1 030 M4N
.
1st 4s.. '36
GenM7s
108
181*
181*
116*
Penn gen 6s
Consol 6s
Consol 5s
109*
83* 85
944 94*
71* 73
107
no
121
8b*
110
130
•
196"
90*
100
e • •
1
187
31
steti
llll'
i'0'4"
84
106*
r...l910 Yar
0,
. .
.1905 Yar
1919 Yar
r....
Steel lst5s.' 17 M4N
People's Tr tr certs 4s. '48
Phlla Elec goid trust otft
Trust oertfs 4s
•
I
100
00*
Ph4Er gen M 5g.'20 A40 13C*
Gen M 4s g.. 1020 A40 106*
Ph 4 Read 2d Os.'SS A40
M 7s.. 19 11 JAD
• •
i"o* 107
183
lid
Con MOsg... 1011 JAD 121
BxtImpMlsg.'47 A4C
ConMof '82 4s.'S7 J&j
85* 80
110
87*
111*
Penn 4 Md Steel oon 6s. 118
Pa 4 N Y Can 7s..'06 J4D sat (jag 116*
1939 A40 109*
Cons 5s
05
1030 A40
Cons 4s
Consol
109
118
118
119
109
108*
M4N
1903J4j
Penn
110
113
107
87* 98
117
107
B Top oon 5s.'25 A fcO
No Penn
GaCar4Nlst5sg.l929J4J 111* 111*
GeorglaPlst5-6s 1922J4J 187
139
GaSo4Fla 1st 6S.1945J4J
114*
EnoxvTrao lst5s'28A40 87* 100
Lake R El lstgu5s'42M48 130
Maryland Brewing 6s ....
MetSt(Wash)lst5s'35FA
New Orl Gas 1st 5s.. Var
Bdlson Bleo 5s stk tr otfs
Blec4 Peop's Tr stk tr cttt
Indianapolis
'
I
Con Trao of N J 1st 5s..'S3 111
Del 4 B Bk 1st 7s.'05 F4A
Bast4A 1st M 5s.'20 M4.'.
H4
••••••
NoBaltDlv 5S.1942J4D 181
Conv'rtlble5sl0O6M4N 100
Central By OS...1012 J4J •••tl
Inoome 4s 1949..,. J4D
Ylrg Mid 1st 6s. 1906 Mac
MarH4 0nt6s...'25
May
Jan.
79,747
10
Oct. 10
.•** Jan.
8
50
Ches4D CanlstSs.' 1 6 J4.1
4*
1914M48 |
Deb 4s
1910 M4N 1
Cnoo4Mem st5sl 949J4J 110*
Bonds— Baltimore.
ChooOk4G gen 5s'l9J4J 111* 118
Anaoostla 4 Pot
98
89
5s
Clt's'8tRy(lnd)oon5s.'33
Atl 4 Ch 1st 7S.1907 J4J 116* 116* ColumStRy lstoon5s.'82
•••I
Un Ry 4
LRock4F81st7s.'05J4J {105
1
* • •
1
Seat Elec 1st 6sl08OF4A 1104* 105
Torrington 1st 6s 1018... •.»••».
Pin On Trao 6s. 1997 J4J
PotomVal lst5s.l941J4J
'
Debenture 5s. 1 9 1 3 A40 (101
KCC4 Slst5sg.'25 A40
K C Ft S4G lstfs.'08 J4D (114
E C F 84Mcon 6s. '28M4N (i83
K C M 4 B 1st 4s..'84 M4S { 08
Inoome
1937
.
Unst'p'dlst6s.'33 A40 21 36
Steel oon v 5s. 1 J 4 J {100*
111 In
82
BONDS
NewpN40Plst5s'38M4N 1044 106*
106
101
»
Nov. 21
30* June 81
54* Sept. 90
1894 May I
Jan. 81
Jan. 81
Jan.
4
i
Jan,
Baltimore—Conclu'd
Ya (State) 3s new.'32J4J
Maoon4Nlst4*s'90M4S
1919 A40 { ....
Chicago Juno 5S.1915J4J alio
Oh 4 No
gu 5s. '31 M4N 2100
Chi 4
M gen 5s.'31 J4D {100
Curr't Blv 1st 5s.'27 A40
D G B 4 1st 4s.'46 A40 1100
Domln Coal lst0s.'13M4S 2101
4s.
M 6s g.'06 M4S
1st 5s..
t
84
106
18* Mar. S9
Ask
'
8
68
99
5103
Adjustment g 4s.. 1995 i 93
Boston Term'l 3*s. .1947
Bos Un Gas 1st 5s. '39 J4J { 80
1930 J4J {
2dM5s
Bur4 Mo Blv ex'pt 6s.J4J $119
W
Bid.
03
08*
New Eng Tele 6s.' 10 A40 {103
0s
1907 A40 {103
N Y4NBnglst7s.'05JAJ {110 111
1st mort 6s.. .. 1905 J4J {107*
Rutland 1st 6s. .'02 M4N {102*
Rut-Can 1st 4s 1949. J4J 1101
West End
111*
*
54*
103*
5
85 370* 280
ST. .(Phil)
NEGas4C
11
20* May
Jan.
Jan.
Jan.
30 11-10 80 1-10
NewBngoongen5s'45J4J 1
N ECotYarn 5s 1929F4A 1108
189
1
June
99
87
50
50
....
Boston— Concluded.
181
1
July
15
86
35
"
BONDS
Ask
MISCBLL.—Oonoluded
Old Col Mining. (Bost) 86
Osoeola Mining. "
35
Palmetto Co.... (Phil) 86
ParrottSU4Cop(Bost) 10
Penn Bleo Veh. (Phil) 50
"
Pref
60
Pennsyl Salt... "
50
"
Pennsyl Steen
.,
"
100
PTOft
PhilaCo..
"
50
PlantersCompT ( Bolt) 100
"
25
Qulnoy Mining.
Rhode Isl Mln.. "
85
Santa Tsabel G "
5
"
Seattle E.eotrto
100
"
Pref
100
95 7-16 96 15-10
(Boston)
30* May
46
00
24* June
(Phlla.) ....100
. .
Apr. 18
July 17
Apr. 88
Apr. 84
102 June 10
133
Apr. t
83* Nov. 10
60* May 10
148
Apr. 88
31,877
9,823
163
,
....
....
"
74* 74* Westlngh. Bleotrlo 4 Mfg.
70* 79* Preferred
79
'
119
l
....
....
1
29
Fr Blk4M V 1st 6s 33 end 2137
..
(Boat) 100
"
S.tf
pf.
876
.
IowaDlv
97
"
Camb.Steel, 818* paid reota.l Phila.)
Centennial Mining
(Boston)
Consolidated Gas
(Bait.)
0*
24*
78*
1,985
117* 118* United Gas Improvement T. (Phlla.) .... 50
(Boston),,.. 25
46* 4 8* United Shoe Machinery
48*
46
hu
8*
14
1
....100
....100
.
Pref
• • • I
•
iii*
"
"
Contol. Lake Superior.,,,., (Phlla. ....100
"
Preferred
.,..100
47", Dominion Coal
.(Boston).... 100
"
....100
33
24* Brie Telephone
70* 76* Lehigh Coal 4 Navigation. ( Phlla. ) . . . 50
•»*
"
Marsien Col
....100
,
,
•1*
"
s« National Asphalt 1
.... 60
"
•8*
4
Preferred!
...
.... 60
80
New Bng. Cotton Yarn, pref. (Boston).... 100
"
....100
189* 183* New England Telephone
"
25
25* •8* Old Dominion Copper 1
5* a* Philadelphia Bled 5 paid.. (Phlla.)
(Boston),... 25
854 25* Trinity Mining
118* Torrlngton"A"(Bost) 28
•<
Iron
1*
Bosque
"ad'
5
Danv Bessemer (Phii) 1*
DeLong H <& E
10
Dlam Bute St.. " 10
Dom
«X
4* ik
Boston.
2* "*3* Am Bonds—
BeilTel4s..l908 J4J
AT48Fgeng4s.'95A40
6*
Allouei Mtnlng(Bost) 96
Domln Coal
4*
IX
117*
(Phlla.).... 50
American Alkali
"
Preferred, $10 paid .......
.... 60
American Sugar Heflrjlng ". (Boston ;... 100
.
.
"
Sohuylk.
4
76*
New Hav I 4
M
Tel
76
. .
63*
"
50
4a South 4 Fla.(Balt)100
"
100
lit pref
"
100
Id pref
JJ'rmanfn Pass(Phll) 50
60
Bestonr
4T "
"
60
Pref
"
100
.nds Street
Cumb
«4*
'.5
lltfi
01 205
...100
•47
47
dBrew asstpdf Bait) 100
"
Pref., asst.pd
100
lanranthaler (Bost) 100
'ex Tolephono
"
10
NewBngGs4C 1 "
15*
100
100
800
100
370
OonaolTrPitUT(Phil) 60
Amer.
98
09
78
78
no sale wae made.
Amer. Rallwais(Phil) 50
Little
23
69
47
*
IS'}"
09
93
74* 74*
78
71
78
78
Bid and asked prioei
LK>rm
•68
*H
194*
18*
88*
206
190
848
800
212* Apr. 90
7,410 09
May
81
50
Apr. 88
50 167,001
12* Jan.
25 16-10No80
2,888 32 3-16Jan.25 40 4 Jane 17
60
50 68,536 19 Jan.
4 31 U-10NO89
(Phlla.)....
"
....
"
WelsbaohCo.
•71* 78
78
UH
03
16*
(
...
Preferredl
88
95* 95*
16* 16*
5
13*
1*X
Q
38*
.....
5*
25
86
25
95
119* 118* 118* 117*117*
47
47
47* 46* 47
38* 98*
99
28* 99
14
82
006
....100
60
Boston ) .... 1 00
(Bait.) ....
Miscellaneous Mtocke.
75* 70* Amalgamated CopperT .....(Boston).... 100
"
....100
28* 34 Amer. Agrlonl. Chemical T..
O
107 351
Jan.
108 160* Jan.
10 388
July
81 100
May
163 14 1* Jan.
0H 120
Jan.
0,188 87* Jan.
807 45 Feb.
61 130
Jan.
96,800 28* Jan.
080 84 Jan.
524 77* Jan.
"
Mexican Central
Northern Central
Old Colony
Pennsylvania
Heading Company
—
650
133
9.'
118
•
s*
138
88
5*
70
4*
1*
•90
>
26* 86*
6*
70
4*
1*
3
a
X
125*
116*
160*
050
25
...100
"
....
1st preferred
"
30 11-10
....
2d preferred
87
97
Air
(Bait)
Seaboard
Line
....100
•50* 51
"
Preferred
....100
108*4 101* Onion Paotno
(Boston)... .100
"
....100
90* 9C* Preferred
paid.
(Phlla.).... 50
31* 38 Union Traction, $17*
(Bait.) .... 60
18* If* Dntted By 4 Bleo. Oo
•04* 95 West Bnd Street.....
50
.(Boston)
X
190* 1«J« 191* 192* 121 133* 193
U8 116* 115* 116 110
116 lie
101
100 181
180
100
108* too
"
Preferredl
•
40* 40*
81* 89
82
81
"
30
81*
23*
80
93
Uoiton)....100
....100
"
....100
"
....100
"
....100
"
....100
Preforred
(Phlla.*..
50
('Loo. okla. * G. trust oerts.
"
.... 60
Preferred Tr. oertfs
(Boiton I.... 100
Kltohburg, pref
(Phlla.) .... 60
i.ehtgh Valley
MasiaehuietU Mleot. Cos. t.(Boston)....100
94
94* 95
78*
7-10
4C*
3C*
87*
51*
103* 103* 104*
01
90
90*
39* 31
31*
18*
16* 15*
94* •94*
(
Boston Bleraied, tall paid..
Boiton A Lowell
Ho. tun 4 Maine
Chlo. Juno. 4 Un.Btook Yds.
.
56
•105
110
•808
909
76 1-18 78*
85 616 33*
100
80H
808
79
94
75* 78*
25* 95* H5
40
40*
2«*
97* 27* 97*
51*
00* 61
1-lfl
25 3
40 5-lf
40
30 7-16
b
40 110 3-10
30
94
88* 83*
900
900
74* 75* 76
•74* 7«*
78
66
148* 149*
37* 38*
3ft
3f*
97*
SO
80
04
•
900
900
909
908
80 0-10
36* 36
160
940
.
•
• • e e
••>••
116* 116H
Terminal 5s
g.
1041 Q-r
S I • • s
P Wll 4 Bait 4s. 1917 AAi
Collat trust 4s. 1921
J4J
Read Co gen 4s, 1097 J A)
88*
Rochester Ryoon5s.l03l
•••(«
3ohRESldelst5sg'35J4U 111
Soran Trao 1st 6s^32M4N
DnTraoPltUgen5s'07JA' lit*
Welsbaohsf 5s 103O.J4D
79
lAnd interest.
•Price includes overdue capo
•
nvH
THV:
1154
d^KONKLE.
[Vol. LXXIII.
Investment ami Railroad %n\z\\x%zntz.
RAILROAD EARNINGS.
The following table shows the gross earnings of every Steam railroad from which rogular weekly or monthly
can he obtained. The first two columns of figures give the gross earnings for the latest week r month, and Ikcolumns the earnings for the period from July 1 to and including such latest week or month.
The returns of tin' street railways are brought tOQi tin r separately on a subsequent page.
Notice CIhuik©— Our yearly totals now all date from July I.
Latest orons Earning*
July
1 to Latest Date
ROADS
Latest Gross
ROADS
J'/irious
or
Month
September
Adirondack
Ala it Southern. :!d \vk Nov
June
Ala Midland
Ala N O & oxas Pac June.
Year
Year
Year
$
9
18,579
49,632
71,062
18,308
S
59,125
46,623
76,894
961
1,021,923
Year
or
$
54,562
829,327
949,051
I
NO &No East.
October. ..
Vlcksb'g October. ..
Vioksb Bh& P. October. ..
Ann Arlior
3d wk Nov
Ala*
190,922
105,333
1
644,488
328,898
77,544
86,782
93,548
34,634
5,193
621,007
W
1
B& O
i
Soutkw.
<
October.
..
Bangor & Aroost September
Bath & Haniuion September
Bellefonte Cont'l October.
Bridgt & Baco R. September
BuflRoch&
i
iits
3d wk Nov
Buflalo &8usq... September
Burl O Rap & No 4th wk Oct
Canadian
Pacific
Cent'l of Georgia
3d
3d
wk Nov
wk Nuv
CentT New Eng. October
Cent'l of N Jersey October
Central Paoiho.. September
Cent'l Pa & West June
Chattan South'n. 2d wk Nov
Chesap & Ohio... 3d wk Nov
Chic & Alton Ry. October...
Chic Burl & Quiu September
Chic &E Illinois. 3d wk Nov
Chi Gt Western. 3d wk Nov
ChioInd&L'v... 3d wkNov
Chic Milw & 8t P 3d wk Nov
Chic & North W'n October...
Chic Peo &. St L October...
.
.
.
>
StLCh&StP5
4,583,533 4,246,392 17,399,112 15,595,110
1
135,810
RI&
Pac... September 2,703,337
Chic
"
,261,630
Chic St
<fcO. October.
Chic Term Tr RR 3d wk Nov
31,485
Choc Okl & Gulf. 2d wk Nov 109,990
Cin N O & T Pac. 3d wk Nov 101,051
CI Cm Oh & StL. 3d wk Nov 362,592
Peoria &East'n 3dwk Nov
44,922
259,147
Clev Lor & Wheel October.
Colorado & South 3d wk Nov 127,280
Col Newb & Lau September
14,817
Col Sand & Hock 3d wk Nov
21,323
Cornwall &Leb.. September
29,646
Cumberl d Valley September 112,856
Denver & Rio Gi 3d wk Nov 228,200
Detroit Southern. 3d wk Nov
23,644
65,300
Det & Mackinac. September
DulSoSh&AtL. 2d wk Nov
45,779
13,57s
E St L & Carond. October. ..
October.
Erie
3,757,1 02
Evansv & Indian 3d wk Nov
6,042
Evansv& TH... 3d wk Nov
27,598
W.. September
Find Ft
9,635
FtW&DenvCity September 164.S24
October. ..
Georgia RR
233,431
108,779
Ga South & Fla.. October.
N.. September
28,501
Gila Val
wk
Nov
567,711
Gr Trunk System 3d
1st
wk
Nov
Gr Tr & West'n
65,090
DetGrH&M.. 1st wkNov 22,041
PM
.
.
W&
G&
393,875
150,158 128,977
3,030
3,705
5,591
3,504
3,321
3,359
123,446 102,293
00.851
74,15s
184,335 161,091
809,000 619,000
178,710 130,450
58,964
53,008
1.543,880 1.028.S15
1,874,070 1,805,864
2,403
2,386
1,004
2,085
320,011
299,019
847,800 800, 193
4,970,33 4,772,004
145,420 132,438
153,1 si
129,650
86,842
75,!) 11
851,003
985,88
4,546,105 4,184,225
.
8,596
345,612
9,445
11,372
11,020
.
.
.
.
M
Month
Latest hate
Year
Mo Pac & Iron Mi
Id wk Nov
Brand 3d wk Nov
3d wk Nov
Mob Jack & K C. Wk Nov 10
Central
Total
Mobile
Ohlo..< October.
tte
..
is.
N YC& Hud Riv October...
N Y Ont <fc West. September
X Y Susq
17,000
699,000
:;.:;-
I
564,600
133,66
713,253
1
is
2.31 1
5,!)
6,91
5.:; i!)
490,768
<& West October...
19
Norfolk*; West' 3d wk Nov 316,371
Northern Central September
761,019
North'n Paolflo.o 2d wk Nov 1,000,115
Ohio
nr
Yi
0-2.000
267.
-
1
635,000 15,094,000 13. Mo, Ono
000,00.
.000
21,000
650,000 5,677, 7!)5
2,723
49,998
60,461
566,800 2,012, 7oo 1,989,976
.1-7
108,660
490,365
725.2 13 2,01
56,142
7,483
2,970
5,911,210 26,337,55:; 23,158,330
378,011 1,60
1 ,357,855
iiii07:
94,340
6,311.571
0,796,1-1
283,93s
-.070
020,519 2,110,570
700,001
J9.878
I
!
Little
<fe
Kanawha
September
48,20'
-.124
10,426
16,993
519,023
855,410 1,045,495
399,024
185,475 355,807 2,513,761
Penn-EastP&E. September 7,927,439 7.'j:;s,539
7495 21,43<
WestP&E... September In
Inc. 2,5 56,200
5,000
565.774
509.67)
P< nn & North w'l Apiil ...
47,384
502298
Pere Marquette. 3d wk Nov
17<
148,374 3,841.1.- 3,418,081
Pacific Coast Co. August...
April ...
Pacific Mail
19,700
12,887
2.7 Hi. 730 2,304,109 Pktla & Erie...
200,079
157,136 Phila Wilm & B
1,071,059 1,810,629 Pittsb C C & St L
15.205,030 12,433,471 Pittsb & West'n
3,090,731 2,844,228
Pittsb CI & Tol
219.0 4S
244,995
Pittsb Pa& F..
5,967,059 5,157,668
Total system...
5,710,137 5,376,126 Plant System— )
24,430
24,002
Ala Midland.
30,957
41,831
Brune & W'n.
6,826,365 6,275,075
Chas&Sav... f
3,328,770 3,251,065
Sav Fla & W.
14,430,790 13,225,020
SilSOc&G..
2,444,994 2,211,343 Reading Co.—
3,193,179 2,874,001
Phil &Read....
1,889,749 1,041,437
Coal&IrCo
19,051,732 17,344,408
Tot both Co's..
15,096,264
17,005,901
Rich Fr'ksb & P .
487,297
132,879
453,168 Rio Grande Jet..
Rio Grande So...
2,400,515 8,490,868 7,360,419 Rio Gr'de West..
1,230.483 4,311,709 4,025,122 Rutland
029,957
563,453 St Jos&Grl
27,238
*85,14() "2,257,209 * 1,471,095 StLKen'et&So.
85,426 2,153,546 1,904,066 StL&NArk
370,008 7,850,15
7,115,147 St L & San Fran y
911,966 St L Southwest
47,302 1,025,494
927,562
717,537 StLVan&TH..
186,100
117,596
San Ant& A P...
13,903
39,386
39,180 San Fran
P..
428.100 San Pedro Los An519,214
21,665
102,526
17.836
73,575
geles & Salt L.
307,168
108,148
291,415 SFe Pres&Ph...
211,100 5,018,725 4,801,699 Sav Fla <fc West..
24,075
504,789
449,071 Seaboard Air L..
69,<357
202,300
218,182 SoC & GaExt...
41, sis 1,062,407 1,042,597 So Haven & East
11,1*35
53,320
49,718 Southern Ind
3,158, 33" 14.672,153 12,976,518 So Miss & Ark .
137,183
143,204 So Pacific Co b...
7,394
607,701
583,076
28,349
Austin & No'n.
33,638
30,009
9,610
Carson & Col..
515,208
163,074
470,461
Cent Pacific
649,197
189,428
013,772
Direct Nav Co
423,400
107,758
399,208
Gal Har & S A.
80,044
24,110
91,223
Gal Hous<te No
565,641 12,000,268 11,263,292
Gulf W. T. A P.
72,801 1,511,485 1,417,976
Hous. E. &VV.T.
415,239
400,580
20,727
Hous. & Shrev.
..33 1
September
September 1,006,
October ... 1,975
August ...
223,173
August
155,21
August
54,335
70,338
2d wk Nov
502
963,090
1,6111,225
197,707
106,243
02,353
68,469
1,984,732
6,095
7,282,108
6,319.659
377.527
445
28
201,193
1,57..
100,740
119,
1,754,109
1,489,735
'
1
October
. .
/•679,768
/668,256 /2,428,948 ^2,343,951
I
.
&N
.
Hous&TexCe.n
October.
3,347,031
East'nof Minn. October...
663,374
Montana Cent'l October... 153,003
Total system. October... 4,163,408
Hocking Valley.. 3d wk Nov 119,241
Hous & Tex Cent September 517,476
Hlinois Central.. October. .. 3,706,679
Illinois Southern October...
11,449
Did Deo & West'n July
59,698
Did 111 & Iowa... September 143,302
Int & Gt North'n 3d wkNov 107,660
Wk Nov. 9 71,300
Diteroc (Mex)
49,244
D)wa Central
3d wk Nov
Iron Railway
Ootober.
7,647
Kanawha & Mich 3d wk Nov
18,762
Kan City South'n September 414,837
Lehigh & Hudson October...
33,224
Lehigh Val RR. October. .. 2,894,05s
Leh Val Coal Co. October. .. 2,138,415
Lexing & East'n. September
34.103
Lou Hen &StL.. October.
59,865
Louisv & Nashv. 3d wk Nov 619,485
Macon & Birm... October.
15,002
Manistiqua
2.770
Ootober.
IMexioan Central 3d wk Nov 323,052
Mexican lntern'1 September 406,222
IMexioan Nat'l.. 3d wk Nov 142,916
Mexican North'n May
43,892
JMexicanRy
Wk Nov. 9 86,100
Mexican South'n 1st wkNov
13,990
Minneap <fe St L. 3d wk Nov
64,612
St P & 8 St M. 3d wk Nov
141,330
Mo Kan & Texas 3d wk Nov 383,492
1 to
-
Great North'n—
StPMinn&M.
July
Previous
Mont & Mex Gull October. ..
260,330 Nash Ch
8t La. October..
063, sol) Nev-Cal-Ore
IthwkOct
16,038 Nevada Central.. Septcmbei
(
La
fe
265,56:;
305.751)
93,9 L5
728.749
34,641
23,683
Ann Wash & Hal. •eptembei
7,333
Atch Top & S Fe. October. .. 5,390,922 5,070,4 17 20,107,720 L7,410,893
231,100
231,100
245,957
2 15,957
Atlanta «fc har.. July
105.03!)
201,303
40,383
Atl Knoxv & No. Ootober..
56,890
702,472
47,085
740,689
Pt.. June
Atlanta, A:
49,656
Atl Coast Line .. September 605,065 658,649 1,718,096 1.682,202
90,330
70,144
20,071
Atl Vald & West. October. ..
23,051
150,00
250,450
12,830
Austin ANorthw May
20,422
24,975
28,088
8,452
Bait & Ann S L... Septcmbei
6,855
Bait* Ohio
We*
rr-turns
'
i
<
2,870,887 1,878,281 10,100,7111 8,947.700
i,196
3,165,134 1,021,040 9,786,835
.. 6,036,02
17,243,896
2,899,327
September
5.551
220,067
82,439
10<
150,214
September
50,425
58,781
2.T
12,22s
11,200
230,206
3d wk Nov
October...
459,447 507,100 1,870,1 17 1,77October.
October.
Ootober.
.
..
,
September
October.
October.
.
..
September
3d wk Nov
3d wr Nov
October.
..
September
October.
..
57.
140,166
20,700
17,070
447,04s
168,000
201,779
231,461
119,413
126,896
13,139
9.00S
405,773
202,295
181,137
524,538
57,990
493,620
4843,529
27,180
8,609,439
2,951,209
7.291,715
2.-13,761
688,801
73i..
628,599
98,815
3d wk Oct.
3,164
1,964
18,577
-!d wk Nov
18,296
October... /679,76b /668,250
2d wk Nov 227,50" 203,487
October. ..
28,089
29,217
September
12,570
15,605
October...
53.885
35,250
20.294
October. ..
19,259
September 7,087,319 6,367,271
May
20,422
12,830
July
19,373
11,068
September 1,874,070 l,S05,864
July
2,828
1,943
September 589,811 521,683
September
40,887
19,875
September
17,331
14,839
September
08.739
50,624
aeptembe:
17,894
15,202
September 517,476 504,520
July
3,938
2,456
September 143,183 137,296
September 723,071 596,121
July
17.937
27,090
August.
30,557
18,722
September 227,424 212,849
July
280.013 229,168
July
44,538
45,082
July
99,015
98,477
September 1,735,548 1,559,459
September 334,010 288,296
September 200,920 152,894
3d wk Nov 744,052 714,091
October. ..
157,207 154,025
October.
55,280
60,249
2d wk Nov
18,287
22,626
3d wk Nov 26 1,759 278,982
October. ..
17.500
16,900
3d wk Nov
50,445
49,225
3d wk Nov
23,298
22,480
3d wk Nov
50,591
45,667
2d wk Nov
19,205
13,178
406,655
44b, 271
354,442
/"2.42S.948
4,239,040
86,873
27,246
215.7"
/
345,688
2,343,951
3,87"
89,511
31,069
130,561
72,:
20,902,770
250,450
19,373
5,740,137
2,828
1,720,302
100,634
45, sos
203,310
48,760
1,325,890
3.03S
428,690
1,951,071
27,090
56,140
724,176
280,013
44,538
99,015
5,382,712
987.164
587,450
14,806,082
575,072
202,556
250,279
4,377,428
49,700
1,178,958
479,047
1,042.109
200,849
18,092,287
150,004
11,068
5,376,126
1,943
1,485,247
74.177
33,343
105,037
35,196
1,144,593
2,456
356,435
1,646,592
17,937
36,432
2,325,735 10,722,179 8,221,104
Iberia &Verm'n
505,066 2,189.210 1,640,334
Louis'a West...
192,520
645,838
716,142
Morgan's L & T
3,023,32 13,557,227 10,577,580
NewMex& Ariz
109,780 2,163.426 1,925.110
N
..
573.266
504,520 1,325,890 1,144,593
Tex &NOrl
229,168
3,414,924 13,690,888 12,046,156
Ore & Califor'a
45,082
11,199
46,748
43,153
Sonora Ry
.477
55,928
59,698
55,928
So Pac Coast.
4,548,749
104,354
415,706
291,449
So Pac of Cal
814,146
128,379 1,979,238 1,950,063
So Pac of Ariz.
447,990
77,500 1,351,700 1,422,690
So Pac of N
14,000;349
41,126
998,209
897,417 Southern Railw'\
563.172
4,300
26,508
17,820 Terre
<fc Ind
413,897
184,600
16,145
342,032 Terre H & Peor..
241,324
360,072 1,182,737 1,075,883 Texas Central .
4.011.S49
31,721
136,060
147,844 Texas & Pacific.
47,000
1,045,12:; 10,087,553 8.023,633 Tex S V & N
1,025,724
679,000 6,921.100 6,153,718 Tol
Ohio Cent
T
483,980
27,294
101,329
90,972 Tol P & W est ....
869,742
61,501
242, OSS
227.811 TolStL<fe
142,301
574,905 11,850,018 10,723,030 Tor Ham & Butt
11,075
40.184
36.385 Union Pac RR )
4,001
25,403
32,248
Oreg RR & N [ September 4,240,815 4,054,849 12,313,102 11,539,113
309,723 6,439,583 6,4.29,240
Oreg Sh Line. )
435,42s 1, 41 5, 096 1 ,254,527 Wabash
3d wk Nov 388,993 345,875 7,844,318 7,139,639
131,912 2,817,979 2,875,667
Jersey <fe Sea e September 365,808 351,008 1,495,039 1,431,039
286,546
590,500
Pitt..
-September
102,107
56,240
VCen&
95,338
576,079
309,588
739,745
90,200 1,488.600 1,533,000 Western of Ala
June
821,088
57,832
54,045
October...
12,721
273.448
259,947 Wheel &
328,280 286,643 1,236.88" 1,030,384
60,985 1,460,140 1,300,268 Wisconsin Cent.. 3d wk Nov
109,000
92,181 2,453,423 2,188,842
57,763
45,905
17,375
94,556 2,594,710 1,774,795 Wrightav & T'n.. October..
16,847
378,072 7,110,852 6,182,096 Yazoo & Miss V.. October. .. 674,192 653.858 1.978,270 1.759.751
YT&Mex
.
.
M
H
.
. .
.
.
W
&
.
W
'
.
.
W
W
LE
.
* Figures from October 1 are for the railroad only,
j Mexican currenoy.
§ Covers results on lines directly operated east of Pittsburg.
alncludes Paducah & Memphis Division from July 1 in both years.
6 Includes the Houston <fc Texas Central and its sub.-idiary lines. Earnings ol the Cromwell Steamship Line, not previously reported, are
now also included.
(7 Includes St. Paul & Duluth for both years.
c Results on Montgomery Division are included in both years.
e Includes results on Sher. Shrev.
Southern, Mo Midland and San Antonio extension for this year, but not for last year.
/ These figures
are the results on the Ala. Midland, Brunswick & Western, Charleston & Savannah, Savannah Fla. & West'n and Silver Springs Ocala <fc Gull.
Saa fr.itioisoo proper, the Kan. City Ft. Scott & Memphis and Ft. Worth & Rio Grande.
g These figures Inolude, besides the St. Louis
&
&
November
THE (HRONIOLF.
30, 1901.]
Totals tor Fiscal Year.
?(/ teeek o)
In the full page statement on the preceding page we show
the gross earnings of all roads for the period from July 1,
that being now the beginning of the fiscal year of the great
There
majority of the roads.
are,
have their own fiscal years.
brought t< gether in the following.
still
however, some roads that
These with their dates are
1155
November.
1901.
Atlanta A Charlotte Atr Line
Bellefonte Central
Burlington Cedar Rap. A No.
Central of New Jersey
Chicago A North- Western....
Ohloairo Rook Island & Pac
Ohio. St. P. Minn. A Omaha..
Choctaw Oklahoma A Gulf..
Cumberland
Valley....
Duluth Boiith 8ho. A Atlantic
East 8t Ixmls A Carondelet.
Worth A Denver City
Gila Valley Globe A North'n.
International & Gt. North'n.
Lehigh Valley RR
Lehigh Valley Coal
M anlstlque
Mexican Central
Mexican International
Mexloan National
Mexican Railway
Mexican Southern
Missouri Pacltlo
Central Branch
Total
Monterey A Mexican Gull....
Northern Central
Pacific Mall
Pennsylvania, East of P. & E.
WestofP.AE
Pennsylvania A Northwes'n.
Pere Marquette
Philadelphia & Erie
Phlla tt'ilm'g'n A Baltimore., Nov.
Pitts. Clncln. Chlo. A 8t. L.
Jan.
Rio Grande J unotlon
Dec.
. .
Sept
Vandalla
A Terre H..
Texas A Paoltlo
West Jersey A Seashore
Nov.
.
South Haven A Eastern
South. Missouri A Arkansas..
Terre Haute A Indianapolis..
Terre Haute A Peoria
Year.
'
I
I
H<>
74 4.799
3\34l
4 048,323
12,047. 25u
19.384,136
12 917,697
8.526,842
164 815
758,321
2 284.884
131,040
1,198,854
2S4.030
3,765.085
22 233.29'
16.49H.050
96,441
15.409 215
3.926,553
6,935.89.1
3,"93,9<
508,632
26.932.196
1,208,311
28.321 037
1.1H3.889
5 698.064
3,hl7,H20
62,251,906
32.000
227,045
7 261,926
4203,'H7
10.734,368 10.377.468
Oct 31 17 033.165 15,703.174
I
!
St. L.
Previous
Tear.
Apr. 1 to July hi
891,249
Jan. 1 to Oct. 31
42.257
Jan. 1 to Oct 31 4,327.005
Jan. 1 to Oct 31 14 OHO 677
June l to Oct. 3' 20 919 002
Apr. 1 to Sept. 30 14,815,127
Jan. 1 to Oct. 31 ;>,18H.2H4
Nov. 1 to Nov. 14
214.022
F( 2.575
Jan. 1 to Sept 30
Jan. 1 to Nov. 14 2,230,931
Jan. 1 to Oct 31
132. '90
Jan. 1 to Sept 30 1,536.09;*
955.192
Jan. 1 to Sept 30
Jan. 1 to Nov. 21 4 372,573
Dec. 1 to Oct 31 25.563,141
Deo. 1 to Oct 81 19 642,095
84 23fJan. 1 to Oct 31
Jan. 1 to Nov. 21 15 306,069
Jan. l to Sept 30 4 346,134
Jan. 1 to Nov. 21 6,744, 45t;
Jan. 1 to Nov. ft 3 69:1 100
521 261
Apr. 1 to Nov. 7
Jan. 1 to Nov. 21 31.032 958
1,191.437
Jan. 1 to Nov. 21
Jan. 1 to Nov. 21 32.4V 3 333
Jan. 1 to Oct 31 1,165,264
Jan. 1 to Sept 30 6,061,364
May 1 to Apr. 30 3,071,166
Jan. 1 to Sept 80 68,768,106
Ino. 3,5
Sept 30
Jan.
225,526
Jan.
Apr. 30
Nov. 21 8.105.118
Jan.
Sept 30 4.969.44>
Jan.
.
Ft.
Current
1 to
Sept 30
460,795
Oct 31
2 046,570
Jan. 1 to Sept 30
Jan. 1 to Oot 31
Nov. 1 to Oct 31
Nov. 1 to Oct 31
Jan. 1 to Nov. 21
Jan. 1 to Sept 30
51.7*7
443,171
1.943,526
52.188
180824
153709
1,590,016
558,488
9 939,141
2,987,691
1,620,016
495,01*7
8 0^0 620
2,832,191
Latest Gross Earnings by Weeks.— In the table which
we sum up separately the earnings for the latest
week. The table covers the third week of November and
shows 8*92 per cent increase in the aggregate over the same
follows
week
last year.
3d week of November.
Alabama
1901.
$
Gt. Southern
Buffalo Roch.
&
Plttsb'g.
Central ofGeorsrla
Chesapeake & Ohio
Chicago A East Illinois.
Chicago Great Western.
Chic. Indian'lis A Loulsv.
Chicago Milw. A St. Paul
Chicago Term Transfer.
Cln. N. O. A Texas Pac.
Clev. Cln. Chlo.
A St
L..
Peoria A Eastern
Colorado A Southern
Ool. Bandusky A Hook'g.
Denver A Rio Grande
Evansv.
Evansv.
&
Indianapolis.
A Terre Haute
Grand Trunk
i
Grand Trunk West.. >
Det. Gr. Hav. A Milw.
Hocking Valley
&
Great Northern..
IowaOentral
Int.
Kanawha A
Louisville
A
Mlohlgan...
Nashville..
Mexican Central
Minn. A St Louis
Mlnn.St. P. AS. Ste. M
Mo. Kansas and Texas..
Mo. Paclflo and Iron Mt.
.
Central Branch
Norfolk A Western
Pere Marquette
Rio Grande Southern
St Louis & San Fran...
St. Louis Southwestern.
A Paoitlo
Toledo A Ohio Central..
Toledo Peoria & West'n
Tol. St L. A West
Texas
.
Net increase
(8*92 p.
49.63C
34.641
123,446
809,000
178,710
320,012
145.426
153,184
86,842
985,882
31,485
101.051
362,592
44,922
127,280
21,323
228,200
23,644
6,042
27,598
1900.
9
46,623
34,634
102,293
619,00(
136.450
299,649
132,438
129,650
75,911
851,603
27,238
85.426
370,008
47,302
117,596
21.665
211,100
24,975
Increase.
$
$
3,009
7
21,153
190,000
42.260
20.363
12.988
23,534
10,931
134,279
4,247
16,625
7,416
2,3-0
9,684
342
17,100
7,394
1,330
1,352
28,349
751
567,711
565,641
2,070
119,241
107,666
49,244
18,762
619,485
823,052
142,916
64,612
141,330
383,492
882,000
17,000
316,371
170,873
12,228
447,048
168,066
744,052
264,759
50,445
23,298
50,591
888,993
109,000
109,786
128,379
41,126
9,455
574,905
309,723
131,912
60,985
94,556
378,072
635,000
21,000
283,938
148,374
11.290
405.773
202.295
714,091
278,982
49,225
22,480
45,667
315,875
92,181
9,843,147
9,036,704
c.)..
Decrease.
16,14.*
20,713
8,118
2,617
44,580
13,329
11,004
3.627
46,774
5,420
47,000
9
•
1,06'V 4
18,870
1.00H.4 15
700.'
6H,1» 9
Northern Pad He.
Pittsburgh A Western
-<anta Ke Prea. A Phoanlx
TftXM Central
Toledo Peoria A Wesfu
4,000
938
41,275
34,229
29,961
14,223
1,220
818
4,924
43,118
16,819
893,179
806,443
86,736
For the second week of November our final statement covers
and shows 13'34 per cent increase in the aggregate
56 roads,
over the same week last year.
70,388
1M.577
1-.2S7
25,453
m
9
1
8,72
<
43,061
HI
306,35
18
"4,389
2'i,676
22,470
2.9H S
11,442,830 10,096.221
1.394,059
47.450
1.34.
p. o.)
Net learnings Monthly to Latest Dates.— The table following shows the gTOss and net earnings of Steam railroads
reported this week. A full detailed statement, Including all
roads from which monthly returns can be obtained, is given
onoe a month in these columns, and the latest statement of
this kind will be found in the Chronicle of Nov. 23,
1901.
The next will appear in the issue of Dec. 21, 1901.
— Gross Earnings. ># —Aetitarrxnui
Ourrent Previous
Ourrent
Previous
—
Tear.
Tear.
Roads.
Alabama Gt.So'th.aOct
July 1 to Oct. 31....
Tear,
Tear.
9
239,683
196,879
74,726
69,470
819,097
692,417
239,117
209,428
« Uh.T.AS. Fe.b
Oct.
5,390,922 5,070,447(3,407,696 '2,241,454
July lto Oct. 31... 20.107,725 17,410,892 18,672.019 16;859;363
Buffalo Gas Co
Oct
33,652
27,355
Butt. R. APlttbs.b.Oct
643.993
585.957
338,176
255,204,
JuPy 1 to Oct 31.... 2,362,505 2,057,230 1,135,242
873.93 9
796,703
Cent, of Georgia. a. Oct
732,723
338,389
303,764
July lto Oct 31.... 2,554,602 2,401,778
805,483
84 3.107
central New Eng.b.Oct
53,008
58,964
5,586
13 614
219,648
244,995
July 1 to Oct 31....
52,722
58,010
'entral Paolfie.b...Sept 1,874,010 1.8C5.864
760, lf9
S19.142
July lto Sept 3o.... 5,740,137 5,376,126 2,497,105 2,426,904
L'hesap. A Ohio.a..Oct
1,567,154 1,454,714
631, ?02
601.615
July 1 to Oct. 31.... 5,869,190 5,376,129 2,383,094 2,267,692
547,393
519,813
Ohio. A East. 111. b.. Oct
255.380
215,431
July 1 to Oct 31.... 2,048,844 1.860,081
928,946
736,813
4,521,267 4,278,837 1,815.241 1,693,988
Ohio. M. A St. P.a..Oct
July 1 to Oct, 31 ... 16,217,856 14,822,316 6,003,706 5,449.232
473,529
432,211
(Jin. N. O. AT. P.a.Oct
130,3oO
129,829
July 1 to Oct. 31.... 1,853,562 1,660,991
493,433
458,124
Cl.Ctn.Cnio.ASt.L.aOct
1.782,097 1,668.703
529,698
531,699
July 1 to Oct 31
6,770,013 6,005,124 2,027,243 1,772,179
233.424
Peorta A East'n.a.Oct
230,869
70,336
71,605
July 1 to Oct 31
835,131
770,062
219,201
231,987
Dunkirk All. V. A Pitts.—
July 1 to Sept 30....
88,616
78,931
36,087
33,428
Brie. a
Oct 3.757,162 3,158,837 1,118,483
785,123
July lto Oct. 31... .14,672,153 12,976.518 4.878,732 3,720,016
Georgia. a
189,428
115,972
Oot
233,431
86,203
649,147
613,772
July lto Oct 31....
207,186
205,733
108,779
107,758
32,596
36,672
9a, South. A Fla.a.Oct
423,406
399,208
121,991
July 1 to Oct. 31...,.
118,174
5C0.517
Hooking Valley. a. Oct
461,749
223,424
207.578
1,842,205 1,627,128
July 1 to Oct 31
760,886
670,472
f 04,520
Houst. A Tex. Cent. Sept
517,476
239,897
258,751
486,096
July 1 to Sept 30.... 1,325,890 1,144,593
426,251
fowa Central. b... Oct
255.521
216,935
42,971
17,387
845,060
779.655
155,951
July lto Oct. 31....
88,841
Lehigh Val. RR.a.Oct 2,894,058 1,645.123
867,520d6f.258.753
Deo. 1 to Oct. 31. ...25,563,141 22,233,291 5,497,043 2,769,779
Lehigh V.Coal Co.a.Oct
679,000 def.34.522 def.97,407
2,138,415
Deo. 1 to Oct 31.. ..19,642.095 16,496,050df. 522.975df. 815,815
;ou.Hen.ASt.L.b..Oct
59,865
61,502
14,989
21,028
July 1 to Oct 31....
241,159
227,811
69,095
77,761
Manistique.b
4,061
det 1,866 dtf.2,379
Oct
2,770
Jan. 1 to Oct 31....
84,236
96,441
29,729
32,498
Minn. A St. Louis.a.Oct.
142,533
164,952
340,313
336,412
491,914
540,665
July lto Oct 31.... 1,251,224 1,108,545
Mont. A Mex. Golf Sept
125,491
43,270
124,319
49.488
101,438
357,527
107,109
July 1 to Sept 30
356,701
N. Y. Bus. A West.a.Oct
13,936
94.340
127,893
267,119
478,220
253,582
July lto Oct 31....
677,593
998,667
.
.
Reading Company—
364,866
Phlla.ARead'g.b.Oct 2,870,887 1,878,281 1,177,033
July lto Oot 31.... 10,166,719 8,947,700 3,855,301 2,967,205
453.015
145,154
Coal A Iron Co. b. Oct 3,165,134 1,021,046
256,211
934,481
July 1 to Oct 31
9,786.835 8,296,196
219,712
Total both Co.'s.bOct
6,036,021 2,899,327 1,630,048
July 1 to Oct 31. ...19,953,554 17,243,896 4,789,7s2 3,223.416
84,918
21.804
ReadlngCo.b
Oct
324,250
89,058
July i to Oct 31
241,516
1,714,966
Total all Comp's.b Oct
5,114,032 8,312,474
July lto Oct 81
774,743
July 1 to Oct 31.... 8,452,855
Southern Pacific a. Sept 7,087,319
July lto Sept 30... .20,902,770
Gal.Har.ASanA.bSept
589,811
July lto Sept 30.... 1,729,362
GulfW.T.APao.bSopt
17,331
July lto Sept 30....
45,808
Honst.E.AW.T.b.Scpt
68.739
203,310
July lto Sept 30....
Houst. A Shreve. bSept
17,894
48.760
July 1 to Sept 30....
Louisiana West. b. Sept
143,183
428,690
July 1 to Sept 30....
723,071
MVn'sLa.ATex.bSept
July 1 to Sept 30.... 1,951,071
227,424
Texas A N. Orl.b.Sept
724,176
July lto Sept 30....
So. Pac of Cal.b.Sept 1,735,548
July lto Sept 30.... 5,382,712
334,010
So. PacolArlz.b.Sept
987,464
July lto Sept 30....
200.920
flO.Pacof N.M.b.Sept
587,450
July lto Sept 30....
St.Louls So-west. b. Oct.
32,433
22,499
Decrease.
9,182.612
78.91*
Net Inoreaee (13*34
Period.
Increase.
Previously rep'd (49r'dB) 10.209.1 H2
'hie. [jsd'pUa .v Louis?..
91.184
Mob. Jackson A K. city
8,384
Latest Gross Earning*.
Roads.
1900.
*313,138
-383,570
•638,021
"882.572
2.558,317 2,496,666
7,809,051 6,120,872
138.845
171.074
288,226
497,183
6,045
5,367
5,959
9,437
13,815
18.160
39,184
49,794
7,227
7,079
14,051
14,261
61,269
56,677
123,082
175,745
222,083
290,850
526,302
696,100
39,218
78,080
191,266
188,035
691,832
698.567
2,326,712 1,937,034
153,013
175,186
288.296
397,312
513,021
814,146
94,593
121,449
152,894
861,542
867,264
447,990
771,703
2,272,322
6,367.271
18,092,287
521,683
1,485,247
14,839
38,343
56,624
165,037
15,202
35,196
137,296
356,435
596,124
1,646,592
212,849
573,266
1,559,459
4,548,749
THE CHRONICLE.
1156
Gross Earning*.
Ourrent
Previous
.
.
Net Earnings.
Current
Previous
Tear.
Tear.
Tear.
Tear.
Road i.
9
9
9
9
Southern Rallw'y.aOct 3,555,888 3.402,848 1,802,156 1.334,665
July 1 to Oct. 31... 12,-)79,976 11,930,080 4,030,120 3,043,934
Wabash. b
Oct.
617,654
1,805,700 1,643,001
537.399
July 1 to Oct. 31.... 6,705,705 6,135,993 2,131,804 1,898,582
Wheel. <fc L. Erie.
328,2f=0
286.643
113.489
Oct
93,334
July 1 to Oct 3 1.... 1,236,880 1.030,393
403,858
353,434
Wisconsin Central h Oct
489,683
216,419
184,825
656,975
July 1 to Oct. 31
2,126,923 1,901,738
819,731
712,831
a Met earnings hen <iveu are alter deducting taxes.
b Net earnings here given are before deducting taxes.
* Net earnings hero given ate after allowing for expenditures for
betterment.
October. 1901, taxes and rentals amounted to $172,531,
t For
against $166,894, after deducting which net for Ootober, 1901, was
$2,235,165, against $2,074,560. From July 1 to October 31, 1901,
taxes and rentals amounted to $681,039, against $654,571, after deducting wbloh net was $7,990,980, against $6,204,792.
. .
.
Interest Charges and Surplus.—The following roads, In
addition to their gross and net earnings given in the fore
going, also report charges for interest, &c, with the surplus
above or deficit below those charges.
r-Sal. of Net Earn' s.—
-Int., rentait, etc.
—
Ourrent
Previous
Ourrent
Tear.
Tear.
Tear.
Roads.
Cent. New England Oct
July 1 to Oct 31....
Ohio. & E. Illinois.. Oct
12,928
51,889
129,210
July 1 to Oct. 31
523,229
227,568
932,098
33,688
134,753
9
12,429
49,906
180,829
523,299
238,394
968,235
33,750
135,000
3,732
73,017
290,934
4,710
68,824
296,409
Olev. Cln.Ch. & 8t. L. Oct
July 1 to Oct. 31
Peoria & Eastern. Oct.
July 1 to Oct. 31
Dunkirk All. V. & Pitts.—
July l to Sept 30....
Hooking Valley
Oct
July 1 to Oct 31....
*152,795
*486,806
802,130
1,095,145
36,648
84,448
Previous
Tear.
9
1,185
8,104
*109,976
*c07,432
293,305
803,944
37,855
96,987
"32,810
*155,708
*504,068
*28,750
*142,584
•385,825
9
def.7,342
833
ReadingAll companies... Oct
862,000
790,979
July 1 to Oct. 31
3,448,000 3,163,918
Wisconsin Central.. Oct
131,253
169,940
541,154
July lto Oct 31....
560,946
" After allowing for other lnoome reoelved.
852,966 df.549,463
148,556
1,666,032
*78,907
*62,337
*267,152
*176,735
STREET RAILWAYS AND TRACTION COMPANIES.
[Vol. LXXIII.
Street Railway Net Earnings.—The following table gives
the returns of Street railway gross and net earnings received
this
week.
In reporting these net earnings for the street
we adopt the same plan as that for the steam
roads— that is, we print each week all the returns received
railways,
that week, but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
in the Chronicle of November 23, 1901.
The next will appear in the issue of December 21, 1901.
Gross Earnings.
Ourrent
Previous
Tear.
Roads.
.
— Nee Earnings. —
Ourrent
Tear.
Tear.
9
9
Previoui
Tear.
9
3,147
34,493
3,781
33,976
347
997
4,492
7.181
153,742
154,664
50,030
68,084
189,230
139,540
82,335
10,804
2,609
Harrisb'g Traot'n..Oct.
32,163
27,103
9,592
Intern'l Tr. (Buff.).. Oct.
580,501
234,152
311,512
July 1 to Oct 31.... 2,382,778
995,349 1,353,092
Metropolitan St. Ry.b—
July 1 to Sept 30
3,596,545 3,445,369 2,033,285
N. Y. & North 8bore—
July 1 to Sept 30
47.464
47,487
31,913
27,383
01tyEleo(Rome,Ga)Oct
Jan. 1 to Oct. 31
Dry Dock East B. <fe B.b—
July 1 to Sept 30
42d8t.M. ASt.N.Ave.b—
July 1 to Sept. 30
Galveston City Ry..Oct
Sacramento Eleotrio Gas
<fe Railway Co
Oct
Feb. 1 to Oct. 31
Southern Boul. (N.Y.).bJuly 1 to Sept 30
Tarry t'n White P. & M.b—
July lto Sept 30
Third Ave. (N. Y.) b—
July 1 to Sept 30....
34th St. Cr'sst'n(N.Y.)b—
July 1 to Sept. 30...
28th & 29th Sts. Cross-
town
(N.
9
9,016
113,698
526,150
1,890,333
23,082
3P.901
312,106
32,833
279,661
18,975
165,214
18,272
16,653
7,162
8,20
22,892
23,550
6,076
9,826
599,406
566,783
275,768
266,040
117.765
94,650
50,281
48,245
44.809
40,499
21,149
16,227
271,961
241,485
109,170
122,438
17,906
152,521
Y)b—
July l to Sept 30....
Union Ry. (N. Y.) b.—
July 1 to Sept 30
Westchester Electric. b—
July 1 to Sept 30
The following table shows the gross earnings for the latest
72.810
57,174
13,264
13,626
period of all street railways from whioh we are able to obYonkers RR.b—
tain weekly or monthly returns.
July 1 to Sept 30
63,088
54,296
20,988
23,718
STREET RAILWAYS AND TRACTION COMPANIES.
Interest Charges and Surplus.— The following Street
Jan. 1 to Latest Date
Latest Gross Earnings.
railways, in addition to their gross and net earnings given in
GBOS8
Earnings.
Week or Mo Our'nt Prev'us Ourrent Previous the foregoing, also report oharges for interest, &c, with the
Tear.
Tear.
Tear.
Tear.
surplus or deficit above or below those charges.
Amerloan R'ya. Co. 5- October
82,378
Bingham ton RR
October
16,884
Br'klyn Rap.Tr. Co.
September 1,090,228
1.019,464
15,253
12,493
.
Chicago
&
Mil. Elec. October...
Gin. Newp.
Cov.... September
&
City Elec (Rome.Ga.)
Cleveland Electric
Oleve. Ely
West...
Cleve. Painsv. &E...
Oonsol. Trao. (Pitts.)
Dart.A W'port St.Ry.
Denver City Tram....
Detroit United
.
A
Rapid Railway
Total
Duluth-Sup. Traot.
October
. .
October...
October...
Ootober...
October...
Ootober
Ootober
3d
3d
3d
.
.
. .
wk Nov
wk Nov
wk Nov
October...
Duluth St. Ry
{
Elgin Aurora & Sou Ootober...
October. ..
Galveston City
Harrlsburg Traction, Ootober. ..
internat'l Traction—
Ootober.
(Buffalo)
..
October...
Lehigh Traction
LondonSt. Ry.(Can.) September
Lorain & Cleveland.. September
"'3',
147
200,280
22.736
15,639
277,008
9,789
141,366
56,761
5,065
61,826
38.324
28,578
10,804
32,168
66,710
14,792
"3,781
194,615
16,812
14,075
257,180
7,685
114,373
49366
722,498 666 019
170,000 152,494
9.396,840 9,074,612
147,413
121284
610.642 588,710
34.493
33.976
1,905,914 1,701,316
208,728 147,861
139,823
120,259
2,529,557 2,367,595
105,124
88,256
1.255.921 1,077,960
2,565,479 2,265,732
4,647
54,013
36,883
373,591
25,270
304,082
259,395
27,103
580 501 234,152 3,998.737 2,216.663
10,758
7,893
107,809
93,602
15,033 14790 106,709
88,383
11,804
9,756
76,775
76,068
5,969
58,758
(Wis.) Traotion. Ootober...
705.309 661,107 3,929,712 3,765,983
AUgUBt
mass. Eleo. Co.'s
Had.
Montreal Street Ry.. Ootober... lee.oeo 159,277 1,601,683
October
6,434
5,776
59,218
Muscatine St. Ry
9,812
September 10615
79,401
Newbtirg8t. Ry
8.385
October...
8,516
105,606
New Castle Traotion.
60,600
New London St. Ry October... 4,355 4.057
Northern Ohio Traot. Ootober... 51,479 46,426 514,278
4.630
4,183
October...
45,429
Olean St. Ry
223,015 167,259 2,458,771
Philadelphia Comp'y Ootober
13,737 11,082
143,774
Pottsv'e Union Trao. October
Railways Co.Gen.—
September 20.753 20,665 166,505
Roads
1,198
1,128
September
14,270
Light Co's
Richmond Traction.. September 20,991 20,727 169,748
Sacramento Electric
344,211
October. .. 36,901 32,833
Gas&Ry
October... 531,510 480,403 4,833,403
St. Louis Transit
Bcranton Railway... Ootober... 1 2,638 48,780 508,189
September 16,604 16,995 155,010
Sioux City Tract
Southern Ohio Traot. October... 31.839 28,431 284,730
28,108 27,481
August
Staten Island Elec
Tacoma Ry. <fe Power October... 84,087 26.795 314,433
Toledo Rys. & Light. October... 114,666 101,220 1,072,250
October... 152,514 126,538 1,360,848
Toronto Ry.
270,953 240.793 2,611,117
Twin City Rap. Tran. October
234,673
22,848 19,570
Union (N. Bedford).. Ootober
United Traotion— > October... 120,752 114,409 1,125,657
Albany City 5
United Traot. (Pitts.) Ootober... 181,977 166,881
United Traot. (Prov.) October... 220,400 197,181 2,253,489
6,200
46,167
8,603
Wil.&NewCastleEleo August
. .
.
. .
. .
.
1,504,787
56.743
76,391
112,407
54,260
434.398
43 054
1,996,909
120,608
—Int.,rentals,ete.
Ourrent
Tear.
Roads.
9
Dry Dock East B. & B.—
July 1 to Sept 30....
32,433
42d St. M. & St N. Ave.—
July 1 to Sept. 30....
37,072
Internat'lTr. (Bo ft.) Oct.
100,928
July 1 to Oct. 81....
403,134
Metropolitan St. Ry.—
July 1 to Sept. 30
1,148,714
N. Y. & North ShoreJuly 1 to Sept. 30
9,982
Sacramento Electric Gas
& Railway Co
Oot
9,660
Feb. 1 to Oct. 81
84,418
South. Boulev'd (N. Y.)July 1 to Sept. 30
4,767
Tarn t'n White PI. & M.—
July 1 to Sept 30
4,303
Third Avenue
July 1 to Sept 30....
441,153
34th Street Crosstown—
July 1 to Sept 30....
15,426
28th & 29th Sts. Cross-
town
YoDkers
308,422
3,563,166
504,850
*
. .
Previous
Tear.
9
Tear.
9
9
*18,192
*26,098
45.263
29,089
*231,323
82,758
324,551 "1,039,972
def.1,706
*37,205
1,128,985 *1,038,311
'924,285
8,601
12,094
*14,527
8,926
80,435
9,315
80,796
8,980
72,086
4,479
2,395
3,720
4,317
*2,502
*5,511
32,417
*238,187
440,824 Mf.100197 *dI.150867
14,269
35,104
*34,225
21,349
21,146
*def.ll7
*def.4,856
35,542
36,031
*74,253
86,407
8,988
8,661
4,276
4,964
15,750
15,385
*5,443
*8,317
After allowing for other Income reoelved.
247,278
ANNUAL REPORTS.
239,14*9
972,478
1,228,952
2,342,822
211,471
1,118,804
1,985,642
30,559
Annual Reports.
— The following
is
an index
to all annual
reports of steam railroads, street railways and miscellaneous
companies which
have
been
editions of the Investors'
Tnese are results lor properties owned,
t Strike of employes In Ootober, 1901.
Ourrent
RR.—
July 1 to Sept 30
166,909
>-Bai. of Net Earn'*.-.
Y.)—
July 1 to Sept 30....
Union Railway, N. Y.—
July lto Sept 30
Westchester ElectricJuly 1 to Sept 30
.
. .
(N.
—
Previous
Tear.
ments.
published
since
the
last
and Street Railway Supple-
November
THE CHRONICLE.
30, 1901.]
local service, to compete with other routes,
i hi- additional train
service accounts for the decrease In tons haul.-d per train mile, from
tons.
Fassei
234 70 to 227 52
ger earnings show anlnci.
;8,078. or 2320 per cent.
in ibical Condition— Of the 142 7m mllM of main track. 141-41
idles are laid with ttO-lli. steel rails and 1-37 miles wlili 7o lb. steel
lulls.
New elding* aggregating In length 7 07 mile* wi r. constructed
during the year, and o 82 miles of old hidings taken up.
here are
18,431 lineal feet (3 49) mile*) of bridge Mruotuie, of which 1,108
lineal feet are Iron and 17,331 lineal feet are wooden trestle.
I'urlug
the year the length of wooden trestles was reduced 266 lineal feet.
Siuce June 30, 1886, the length of wooden bridges ami tieBtles has
been reduced from 27,381 lineal feet to 17,331 lineal feet, and 224
trestle openings closed. The company owns 17 looomotli
This index does not include reports in to-day's Chronicle'
. KA1I.KOAD8. KTC.—
Alabama Great Southern
American Alkali
IK.
1008
956
782
1050, 1068
065
100u
American Morale
American Cotton Oil
American l.inseed.
An, .ii. 'an Malting
Am.iH'aii Soda fountain
moo
Am. icuu Type o under*
American Window Glass
Baltimore * Oblo
Baniior & Aroostook
\ Maine
Canada Allan ue
066
956
I
i
ItAiLUOAliS,
I'
1108, 1115
-'"'
1007
I
054
840
Central or Ueorrfa
720, 830
Chicago A Alton
Cbloaso KurliiiKton A Ouluoy..78o. 787
880
Cincinnati Bam. ft Dayuin
055
ricvc.. Akron * Columbus
96J
Cleveland Lorain & Wheelluy
841
Colorado Midland
1100
Consolidated Lake Superior
841
Crucible Sieelot America
DiBtilltiu: (',. of America
842. 807
843
Glucose Sugar itoduiug
780,896, 003
Great Northern
Hall SiBiial Co. (bal. sheet of May
848
31. 1001)
840
Indiana Illinois A Iowa
1050
1007
Maine Central
1057
Manhattan Ky
1110
Mergeni baler Linotype
1
|
i
|
KTC— (Con.)—
1'auf
mi;
Hinn. St. P. <fc Saalt Bte.Mane
Minneapolis \ St, l.ouls
068, mil
loos
Mobile Jackson £ Kansas City
Mobile a Ohio
1083
Nash. Chat,* St. Loula
880, ?m
N.
\
.
Cent.
A Hud.
ltlver..710. 770. 700
068, 068
I'aclBoCasi
Coke
People's (ias Llghl \
sheet of Oct. 1, iooi)
I
(hal.
0S8
1100
100M
Pittsburg A Western
Portland A Rumtord Kails
Pullman Co
806
Railroad Securities
(official stato-
0M
meiil)
tmm
Reading Company
780 837. 84(1
10i>7
Hut laud
Io.jO
St. Joseph A Grand Island
f*t. Lawrence A Adirondack
810
St. Louis i San Kranti-co
bOd, nil
>auta Ke Prusoutl A I'lioanlx
064
Somerset Ky
1006
Texas Central
054
Hit
Toledo St. Louis A Western
lulled Fruit
1060. 1060
Western Union
788
W eel liiL'houso Air Brake (bal. sheet
Wisconsin Central
Statistics.— Tons of custom freight one mile. 56,794,61!'. increase.
oent; revenue per ton per mile, i-0i cents; decrease, 1333
per oent; do. per freight-train mile, $2-30, decrease 16 31 ptr cent;
tons per train mile, 227, decrease, 3 per cent; passengers oarrled one
mile, 9,092,696, Increase, 2095 per cent.
Earnings, Etc,— Following is a statement of earnings, etc.:
EARNINGS, EXPENSES AND CUAROES.
Trtal gross earn.
Oper. expenses—
Malnt. of way, etc
Malnt. of equip
4,907,208
4,510,604
3,352,988
3,362,288
833,395
623,861
Transport'n exp...
General
1,572,303
193,681
706,491
489,582
1,359,635
160,251
473,235
291,151
1,141,571
178,567
474,111
224,153
1,209,143
161,768
3.223,239
2,716.009
2,084,524
2,069,176
(62'16)
(61-54)
1,293,112
P.o.op. exp. to earn.
(65-68)
Net earnings
Other income
1,683,968
50,400
1,791,595
23,294
1,268,464
Total Income..
Di»burse7ncnts—
Rentals; paid
Interest on bonds.
1.734,368
1,817,889
1,268,464
Total
Surplus .
(60-2)
374,888
39,569
610,833
131,217
334,810
26,900
608,000
113.143
324,778
1,354,058
380,315
1,203,905
r&;613,984
1,116,429
ra;l52,035
1,072,821
220,291
I
'
CONDENSED BALANCE SHEET JUNE
1901.
$
Road aud equipment
31,740,943
owned
9,768,432
Company's bonds & stock in treas. 2,276,600
Funa for equipment, extenB., etc
Stocks and bonds
Miscellaneous
Bonds
Fund
(see
380,710
340,749
3,263
46,443,774
10,000.000
7,500,000
£7,470,600
Supplement)
for equipment, extens., eto
Dividends
Vouohers, pay-rolls, eto
Due other roads and Individuals.
Interest due and aoorned
Taxes.
Bills payable
Bills and notes for equipment..
Insurance & oth reserve fund, &o.
Profit and loss, balanoe
203,524
121,561
798
1,576
131,384
142,180
103,956
86,401
(6%) 63,000 (6%)63,000
122,063
69,365
(5) 35,000
Road and
1900.
equip't.. 13,870,380 $3,313,280
1001.
16,700
48,276
865,621
12.003
¥3.089
46,515
investments
Materials, etc
Cash
Sundry debtors
...
Station aneuts
Miscellaneous
Total
-V.
418,336
380.280
3,262
300,b93
258,292
9,687
320,579
5,815
408,180
71.662
41,233,633
10,000,000
7,500,000
20,184,800
661,254
93,712
399,598
137,263
340,103
67,130
1,000.000
40,879
144,049
173,444
.46,443,774
41,233,633
37,973,052
.
Total
$3,777,587 *3,798,S07
:
189900.
$487,749
252,495
1898-9.
$458,7f.O
247,699
$402,046
217,954
$176,529
Deduct—
Taxes
$11,802
Interest on bonds
126,443
Interest on floating debt..
Or. 70
$235,254
$211,051
$184,092
$10,951
132,246
75
$11,239
134,356
498
$10,178
113,583
21,007
$188,175
*$38.354
$143,271
$91,983
$146,093
$64,958
$144,768
$39,324
1900-01.
$442,251
265,722
Netearnlngs
Total
Surplus
1897-8.
* From this was oharged ofl for depreciation of earnings $34,564.
In 1900-01 the gross earnings of the Orange County RR.. Included
above, were $28,222; net over taxes, $783. On the Lehigh & Hudson
River Ry. proper the tons carried one mile aggregated 46,428,305,
against 52,174,049 in 1899-00; average rate per ton (2,000 pounds)
per mile, 0-778 cents, against 0767 cents. Of the 805,245 tons carried, iion and other ores contributed 275,838 tons ($100,159); anthracite coal. 209,761 tons ($103,418); bituminous coal, 102,082 tons
($26,056).
BALANCE BUEET JUNE
Assets 1901.
1900.
Cost of road
$2,631,430 $2,622,f>23
Cost of equipment.
656,713
091,916
200,'JOO
Or. Co. RR. stock.
200,u00
Adv. lor const'n.
216,6.5
2 14,8; 9
So. Eas. &Ph.st'k,
160,000
150,000
Adv. for const'n,
83,104
62,770
MineHillKR.,adv
for const'n
39,620
64,182
Cash
409
Traffic balances..,
40,658
Open accounts
12,374
29,177
..
,
Mat. and supplies,
10,0^0.000
6,700,000
19,200,000
845,174
83,711
335,034
62,776
335,395
52,590
193,141
656,632
.
13,777,587 $3,793,207
Gross earnings
Operating expenses
37,973,052
245,760
415,178
30.
EARNINGS, EXPENSES AND CHARGES.
3,404, .122
1,240,588
128,137
80,387
(5) 35,000
Lkibilitie&—
190L
1900.
Common stock.... $1,050,000 $1,050,000
Bonds (eeeSDPP.) 2.190.1C0 2,217.000
Interest on bonds
29,750
aocr'd, not due
30,095
Supplies, taxes, &c.
112,861
183.716
other railroads.
40,186
88,461
Keplacetu't of roll52,901
ine stock
58.008
Miscellaneous
84,391
43,604
Net revenue acct.. 267.38J
220.4;) 3
County RR. (proprietary road) being included
29,2-0,659
2,736,954
15,1)07
26,798
20,609
(70 16)
71. D. 908.
$
661,254
io,700
86,880
303,423
9
Lehigh & Hudson River Railway.
(Report for year ending June 30, 1901.
Earnings and expenses for the late fiscal year compared
with previous years have been reported as follows, the Orange
1899.
2,500,000
845.174
235,340
120,111
11,273
Due by agents
Total
Liabilities—
Common stook
Preferred stook
191,428
121,265
(71 88)
BALANCE SHEET JUNE
143, .136
1,933,077
Due from agents, Individuals, etc
Materials, eto
228,581
120,886
21,294
P. o. of op. exp. to earnings. (74-44)
Assets—
30.
1900.
$
30.862,789
3,675,995
2,484,800
Bills receivable
Cash
682,054
478,530
812,777
584,190
Total
Balanoe, surplus
Dividends
a From surplus paid on common stock in Sept., 1898, 2 p. o. ($200,000) and in Sept.. 1899. 1 p. o. ($100,000), both In preferred stock.
b A cash dividend of 5 per cent ($500,000) was paid Sept. 1, 1900,
on the common stock; also $94,000 was transferred to insurance, bet'
terment and relief funds. These appropriations were made iroia the
surplus here shown after the accounts for the year were closed.
Assets -
697,538
506,110
(7256)
87,563
920,669
Total
Operating exp. and taxes. ..685, 328
Netearnlngs
1,293,112
42,939
633,069
129,336
348,561
i
145,905
474,182
61,967
198,115
529.784
84,928
Interest on bonds
Miscellaneous (net)
458,744
440,198
350,053
307,654
Passenger mileage. 50,960,799 48.254.383 86.974,587 38.128,379
1-74 ots.
1 91 Ots.
Rate per pass. p. m. 2-09 ota.
1 93 ots.
Total tons oarrled.
1,93^,113
1,631,676
1,093,935
1,102,191
Fr'ght (tons) oar*d.337, 539,224 287,178,198 194.911.609 208,766,692
1-276
1-1821
Av.rateuertonp.m. 103 ots.
ote.
ots.
1219 ots.
Earnings$
$
$
$
Passenger...
1,066,384
932,631
705,008
663,081
Freight
3.643,239
3,394,673
2,486,236
2,545,190
Mall, express, etc.
197,585
183,300
161,744
154,017
6.751
1.597-98.
$
167,584
450,949
79,005
Mall, express, etc
Poor.
1050
Pass, carrlea. No..
Miscellaneous
:>iv. (5%) on pref
1898-99.
$
Freight
STRKBT RAILWAY8—
Operations-
Taxes
1899-00.
$
244,193
588,913
Passengers
parative statement for four years of operations, earnings,
charges, etc.:
OPERATIONS AND FISCAL RESULTS.
190001.
1899-00.
1898-99.
1897-98.
Miles oper. June 50
672
648
596
S82
48,383
798,511
125,520
1900-01.
Earnings—
....888, 85i
Montreal Street Ry
baggage and mall cars and 705 freight
2879 per
Rio Grande Western Railway.
(Report for the year ending June SO, 1901, J
We publish on pages 1164 and 1165 President Palmer's remarks trom the annual report for 1900-01. Below is a com-
Total
shovels, 18 passenger,
and other oars
848
1058
of July 81. 1001)
Wheeling A Lake Erie
1157
Total
-V.
39,087
7B.7M1
1,168
68,165
8,773
32,165
30, 1901.
LiabilitiesCupital stock
Funded debt
Interest on I unded
debt.
Aucited vouchers
and pay rolls
Open aocouots
Unpaid coupons...
Equipm't renewal
fund
ProUt and loss
.$4,114,144 $4,180,225
1901.
1900.
$1,340,100 $1,340,000
2,473,210 2,538,240
57,406
69,960
20,000
1,989
20.266
11.067
646
9,810
206,493
204,703
.$1,114,144 $4,160,225
Total.,
71. p. 961.
Vicksburg Shreveport & Pacific Railway.
(Report for the year ended June 30, 19ul.)
C
President C.
Harvey says in part:
Reorganization.— In pursuanoe of decree of foreclosure the Vioksburg Shreveport & Pacific Railroad was sold on March 30, 1901. The
purchasers, acting for the "assenting" first mortgage bondholders,
organizea as the Vioksburg Shr* veport & Paoirlc Railway Co. on
April 23, 1901 (per plan In V. 72, p. 628, 6 6), and said company was
,
Total
Sut In possession ot the property on
owever of preserving the continuity
-V. 73, p. 139.
1.
1
901.
For
i
lie
purpose
of the annual reports of the
operations of the railroad, statements of earnings and expenses and
statistical information have been compiled for the year ending June
Alabama & Vicksburg Railway.
30. as heretofore.
(Report for the year ending June 30th, 1901
President C. C. Harvey says:
General Results —There Is an lnorease
In gross earnings of $107,891, or 13-27 per oent; an increase in operating expenses and taxes of
17-3
or
$101,133,
1 per cent, and an increase In net earnings of $6,758.
The large increase in operating expenses is consequent upon an lnorease In tons hauled one mile of z8-79 per oent and of freight train
mileage of 32 89 per oent, against an increase in freight earnings of
only 1117 per cent. The increase in freight tonnage was mainly in
through traflio to and from the Vlckeburg Shreveport & Pacific Ry.,
whloh necessitated a dally fast freight train service, in addition to the
May
'
General Results— There is an lnorease In gross earnings of $205,408 or 29 70 per oent; an increase in operating expenses aud taxes of
$108,057 or 21-26 per oent, and an increase In net earnings of $97,352.
The lnorease of business is in.-iuly due to the opening of a through
route via Shreveport with the Missouri Kansas A: Texas Ry. system, and
though It has necessitated additional traiu servloe, both passenger and
freight, the net results have been satisfactory. Passenger earnings
show an lnorease of $85,690 or 47*7 1 per oent. Freight earnings show
an increase of $110,325 or 2692 per cent. The principal increases
are $18,622 In merchandise, $29,054 In cotton, $ii,i.i4 m cotton seed,
*18,30« In lumber, $9,448 in machinery and castings and $13,396 In
flour and meal. The lnorease In rents of $11,453 is from the Wasoom
THE CHRONICLE.
1158
Extension th»t was leased to the Sherman Hhreveport & Southern By
Co. (Missouri Kansas <fe Texas Railway 8yst«in) as from July 28, 1900The decrease In miscellaneous earnltr/s of $5,8 <i Is more than aocounted for In freight oar mileage, whloh heret >fore has been lu oredlt,
but whloh with the Increased train mileage Is now In debit.
Statistics.— Tons of custom freight oarried one mile, 42,276,061;
Increase 50-J5 per oent; revenue per ton per mile, 1*28 cents, decrease
15-75 per cent; revenue per freight train mile. $2 60; tons per train
mile, 21 1; revenue per passenger per mile, 2*72 oentH.
PHYSICAL Condition.— The policy of gradually Improving the physical condition of the properly was continued; 1, 000 feet of trestles
were replaced by earth embankment and permanent oulvert; 76,435
oublo yards of gravel and sand were used In ballasting about 22 miles
of track; 5 miles of old 60-lb. steel rails were replaced with new 60-lb.
steel rails; sidings were inoreased by 2-tl5 miles.
There are now 37,953 lineal feet (719 miles) of bridge structure on
the line between Delta and Shreveport, of whlok 2,502 feet are Iron
spans, 213 feet wooden truss bridges ami 35,238 feet wooden trestles.
New sidings aggregating In length 406 miles were laid during the
year and L*4l miles of old sidings were taken up; 1,000 feetof wooden
bridges and trestlea were replaoed by permanent embankment, with
necessary culverts. Since June 30, 1886, the length of wooden trestles
has been reduced from 56.778 lineal feet to 35,238 lineal feet, and 262
openings closed. The main traok Is all laid with 60-lb. steel rails.
The road is equipped with 19 locomotives, 18 passenger, mall and
baggage oars and 687 freight and other cars.
The earnings, charges, etc., compare as follows:
EARNINGS, EXPENSES AND CHARGES.
1899-00.
1900-01.
learnings—
Passengers
171
$265,311 $179,621 $154,797 $129,406
393,932
402,539
409,764
520,090
116,836
121,047
102,146
111,539
Freight.
Mall, express, etc
$896,940
Total
Operating expenses & taxes. 616,370
Per oent of exp's to earnings (68*72)
508,313
$678,383
472,997
$640,174
450,426
(73-51)
(69-72)
(70-36)
1,531
T
.XXIII.
breweries. A very large bottling establishment Is now in course of
construction at the Iron
ty plant, the latter having been made
necessary by largely Increased demand. The reports submitted by
the Seoretary and Treasurer attest another year of satisfactory
business. Notwithstanding the largely Increased ooBt of material,
cooperage and labor the past year over the preceding year, amounting to over #250,000, we have adhered to our policy of not lncreaslriK
the Drloe of beer to the trade, and have continued to Improve the
quality of our product wherever possible.
(,'
The
capital stock is $13,000,000, half in 7 per cent preferred
Id common stock.
There is also an authorized issue
of $6,500,000 6 per cent bonds. Of these securities there are
held in the treasury $181,000 bonds and $399,900 preferred
and $537,750 common stock, in shares of a par value of $50
each.
have," the President says, "no debts beyond the
bills of the present month.
Our working caDital is ample
for all our requirements and that of the trade."
The earnings for two years ended Oct. 31 follow:
1900-01.
1899-00.
Sales (number of barrels)
930,209
930,266
Gross earnings
$6,088,692
$5,796,144
Expenses
4,471,014
3,965,954
and half
"We
Net earnings for year
Balanoe from previous year
1897-88*
1898-99.
188
188
188
Miles operated
[Vol.
$1,617,678
886,501
$1,830,190
481,376
$2,504,179
$2,311,566
$379,140
427,006
238.4V0
Deductions—
Intereston bonds
State tax
240,619
$379,140
431,155
238,390
126,380
250 000
Total
$1,285,285
$1,218,894
$1,425,065
$886,501
Preferred dividend (7 p. o.)
Common dividend (4 p. o.)
Accrued int e rest
and depreciation
(1)
Undivided profits
-V.
71, p. 1119.
Net earnings
$280,570 $183,218 $205,386 $189,748
33.639
1,143
56,806
Other Inoome and land sales
Total net inoome
Interest on bonds
Balanoe, deficit
BALANCE .SHEET
Assets
Cost of property
$7,663,366
15,900
Investment account
Stock of material, etc,
on hand
. .
Station agents
Remittances
Cash in hand
in transit.
& in bank
Other railroads
Sundry debtors
Net revenue account...
61,205
21,619
8,878
55,731
19.086
33,158
3,601
United Breweries Co. of Chicago.
(Report for year ended July 31, 1901. J
$240,024 $239,021 $180,891
This company, organized in August, 1898, has for the first
409,528
410,499
408,889
time issued an annual report. The report states that the
..
$168,864 $170,501 $219,608
physical condition of the active plants is better than when
JUNE 30, 1901.
ihe company acquired them. The floating debt was reduced
Liabilities$169,069 duriDg the year and the bonded debt was decreased
Corn, stock to be issued.$2, 856,500
Alter the end of the year an additional $33,000 of
Pref. stock to be issued. 2,142,800 $37,000.
V. S. & P. Railroad
bonds was retired, making $70,0u0 in all. The report shows:
prior lien bonds
1,323,000
EARNINGS TEAR ENDING JOLT 31, 1901.
V. 8. & P. Mail way genM. bonds to be issued. 1,422,000
on mort. not due.
25,080
8undry creditors
53,074
Creditors on pay-roll.
28,909
Other railroads
28.258
Int.
. .
. .
Roll, stock rep. fund.
Total
.
$7,882,545
Total
2,925
.
$7,882,545
-V. 72, p. 937.
Buffalo Gas Company.
(Report for the year ending Sept.
Receipts from all sources
Cost of manufacture, sale, etc
$2,394,068
1,962,678
Netearnings
Deduct -Depreciation lor the year
Interest on bonds
$431,390
89,667
202.620
Net surplus for year
Brought forward
$139,103
1,358
Total surplus
$140,462
the surplus, $140,462, as above, there was deducted on account of operations prior to July 31, 1900, for depreciation and old aocounts $60,073, and for bonds canceled for sinking fund $35,000,
and there was transferred to sinking fund $35,000, leaving the balance to surplus account $10,388.
BALANCE SHEET JCLT 31, 1901.
From
30, 1901, J
President Alex. C. Humphreys says in substance
During the fiscal year ending Sept. 30, 1901 the sales of gas were
,
tnoreased 83i per cent, contrasting with a decrease of 3 per cent In
1899-00, and with a deorease of more than 7 per cent In 1898-99. There
has been a net Increase in meters In use of 197, as against a deorease
of 96 and 1,091 respectively in the two preceding years.
Last year we were burdened by a long and .expensive strike; this
year there bas been a material increase in the price of coal, Increasing the yearly cost by about $50,000, or 8c per thousand feet of
gas manufactured. Economies, however, in other items reduced the
net Increase In cost per thousand to 4o. As noted last year, about
$14,000 more was charged against earnings during that year than In
the preoediug year for repairs and maintenance of plant. This year a
further increase of something over $4,000 has been made, or a total
increase for the year of about $18,000. From this item it may be understood that the profit shown was notobtalned by neglecting the proper
maintenance of plant. No cbarges were made to construction or in
vestment aocounts which properly should have been made to operating aooounts.
During the year $24,005 was expended for extension of plant. After
providing for these extensions, there is still left a surplus of quick assets over floating debt of $51,174. There is also still in the treasury
$95,000 In bonds available as additional working capital.
Natural gas is selling throughout the more thiokly settled parts of
Buffalo at 30o. net per thousand feet. It Is used as luel and, with
Welsbaoh burners, for light. Until August 1st of this year it was selling at 27*40. Your company's illuminating gas is sold at $1 per thousand. It is evident that such competition, as long as It lasts, mut-t be
difficult to meet. It Is encouraging, however, to note the notice that
the Buffalo NaturalOas Co. has just published to its pations warning
them to be prepared In the coldest days of the coming winter to heat
their houses by other means than natural gas (see this notice on pass
1162).
Liabilities —
A 8 Sets -~
Property and plants... $8,488,192
Inventories
194,207
Cash
53,916
Aooounts and
$5,463,000
Bonds
3,376,000
Bills and aoo'ts payable
169,437
8undry reserves
33,127
367,362 Surplus sinking fund
for
11,409
bonds
70,000
bills re-
ceivable
Miscellaneous aooounts
Unexpired Insurance...
Total assets..
V. 67, p. 1358.
Capital stock
6,866
.$9,121,952
Surplus
Total liabilities
10,388
$9,121,952
GENERAL INVESTMENT NEWS.
RAILROADS. INCLUDING STREET ROADS.
—
American Railways.—New Collateral Irust Bonds. The
company has arraoged to issue $2,500,000 ten-year collateral
trust convertible 5 per cent gold bonds, dated Dec. 1, 1901,
due Dec. 1, 1911, and subject to call at 105 and accrued
interest at any interest period after Nov. 1, 1904, but convertible into stock at par at the option of the holder prior to
the latter date. The security for the bonds is as follows:
Springfield (O.) By. first mortgage gold 6s (entire issue)
$500,000
Chicago & Joliet Electric By. first consol. mort. 5s (1st lien
Chicago,
for
divisional
mortgage
$400,Jollet to
exoept
of
The results for three years past compare as follows
000)
1,600,000
Ry.
stook
Issue
Peoples
Co.
of
Dayton
(total
$1,100,000)
1,050,000
1900-01.
1899-00.
1898-99.
Net profits
$303,939
$288,394
"After some $450,000 of the proceeds of this loan are ex$295,598
Interest on bonds
290,250
290,250
283,313 pended for extensions, these properties will have cost the
Balanoe, surplus.
$13,689
def.$l,856
$12,285 American Railways Co. over $5,3u0,000, including the outstanding obligations ($900,000) of the People's Ry. and the
BALANCE SHEET SEPTEMBER 30, 1901.
Joliet RR. an equity of $4,400,000 of actual cost as security
1901.
1900.
1901.
1900.
IAabilities—
$
for $2,500,000." President De Coursey in a letter says: "The
$
t
Plant and equip... 14,625,667 14,498,464 Stock, common
7,000,000 7,000,000
securities pledged * * * yield an aggregate income of $154,"
Materials and sup.
66,933
«6.«68
prer., 9%.... 1,630,000 1,630,000
Treasury bonds.
95.0J0 Gold 6 p. c. bonds. 6,900,000 5,900,000
95,000
000, while the properties themselves are estimated to yield
Gas bills
36,601
27,790 Bench repairs
12,166
8,797
net earnings exceeding $230,000 Jafter deducting all charges
City of Buff., etc. ..
8,186
14,843 Bills payable
60,000
eo.ooo
Accts. &;bills rec'l
22,U5 Accts. parable ..
42,196
28,9:u
18,814
prior to interest upon the collateral pledged."
Open conatr. accts.
9,973
12,493 Consum's deposits
68,»52
65,5 16
portion of the new issue has been purchased by Bioren
Cash
15,381
11,008 Miscellaneous
21,272
13,721
Miscellaneous
1,081
8,996 Profit and loss
70,396
58,670
Co. and E. C. Miller
Co. of Philadelphia, who also have an
option on the remainder of the bonds. The proceeds will be
Total
14,792,018 14,785,677
Total
14,762,018 14,755,577
—V. 7l, p. 1066.
used to pay the floating debt incurred through the building
of the Chicago
Joliet Electric Ry. and for extensions and
Pittsburg Brewing Company.
additions made and in process on other controlled properties.
(Report for the year ended Oct. 31, 1901.
The bonds, we are informed, are being rapidly sold at private sale at 101 less a discount of one-half per cent on blocks
President F. W. Mneller says:
Our properties have been kept In exoellent repair. Especially sub- of $50,000 and upwards, but some part of the issue will probstantial improvements have been made during the year at the Iron ably be offered for public subscription at 102 or upwards
City, Baeuerlein, Keystone, Mt. Pleasant, Latrobe and Uniontown
later on.— V. 73, p. 1008, 662.
:
,
. .
.
A
&
&
&
November
THE CHRONICLE.
30, 1901.]
Baltimore & Ohio
RR.— New Stock— Option
to Subscribe.
shareholders ot record Dee. 10, it
is announced, will be permitted to subscribe at par between
10 a. M. Dec. 24 and 8 p. m. Dec. 31, both inclusive, for new
common stock to the amount of 20 per cent of their respectPayment for the new stock is to be made in
ive holdings.
instalments, $15 per share at the time of subscription and $85
per share on or before Jan. 27, 1602. Snbsoriptions may be
made and instalments paid at either the otiice of the company, No 2 Wall St., New York City, or to its agents,
Speyer Brothers, No. 7 Lothbury, E. O., London, England.
The outstanding stock consists of $48,527,000 common and
$59,227,000 preferred; in addition the holders of the $11,473,000 convertible bonds have the option, as below stated, upon
exchange of their bonds for stock, to subscribe to their pro
rata amount of the new shares. Should all the convertible
bonds be converted and their holders, along with all the
shareholders, subscribe to the new stock, the outstanding is
sue of common stock would be raised to $84,000,000. The
proceeds of the new stock sold will be used to finance the acWheeling, Ohio River
quisition of the Cleveland Lorain
and Pittsburg & Western, etc. See advertisement on another
page. The question, it is reported, may be raised whether
the preferred shareholders, under the terms of their certificates limiting dividends to 4 per cent per annum are strictly entitled to participate in this subscription, which, it is
claimed, carries rights that are equivalent to an extra dividend.
Conversion of Debentures.— The privilege is offered to holders of the outstanding $12,143,000 4 per cent convertible debentures of 1901 to convert the same into the common stock
of the company without further not'ce, at the office of the
company, No. 2 Wall St., New York City, or at its agency
in London, Speyer Brothers, No. 7 Lothbury, E. C, on or before 12 o'clock noon Nov. 30, 1901. Holders of common
stock issued for such debentures will participate in the privilege of subscribing to the issue of common stock covered by
this company's circular of this date.
See advertisement on
—Common and preferred
&
page
x.
New Equipment. —The company
has recently been placing
orders for 50 locomotives, 38 passenger cars and 6,000 freight
cars, viz.
Thirty eight consolidated looomotives, 10 elx- wheel shifters, 2 fourwheel shiners, 25 passenger coaches, 11 baggage oars, 1 combination
batrgage and coach, 1 combined mall aud baggage car, 1,300 50-000ponnds capacity box cars, 4,000 100,000 pounds-capacity steel hoppers and 700 flat oars.
The
cost, it is said, will
approximate $7,000,000.
The
rail
Steel Co., 10,-
order for 1902 is reported as follows: Cambria
000 tons of 85 pound; Pennsylvania Steel [Maryland Steel
Co.], 11,000 tons of 100-pound and 4,000 tons of 85-pound;
Carnegie S'eel Co., 30,000 tons of 85 pound; a total of 55,000
tons.— V.73,
p. 1115, 1108, 956.
Boston Suburban Electric Rj.— Amalgamation.— This is
the name of the new voluntary association which is being
organized on the lines of the Massachnsetts electric
companies to unite the four Newton (Maes.) street rail
ways and the Lexington line. The authorized capital stock
is to be $6,000,000 in $100 shares, half of which is preferred
4 per cent cumulative; a considerable portion of the shares
will remain in the treasury. No bonds will be issued and
the bonds of the individual companies we are informed will
be retired at maturity.
Boston paper has compiled
the following facts regarding the constituent companies
from the reports to the Massachusetts Railroad Commission
for the year ended Sept. 30, 1900
A
:
Road.
Miles.
Newton
1330
New. & Boston. 9-78
Wells. ABoston 487
Commonwealthl3-22
Lex.
&
Boston.. K4-32
Total
Stock.
Bonds. Net after ch'ges.
$314,390 *$260,000
$15,165
200,000 125,000 def. 3,982
115,000
11,856
281,200
75,000
25,3-6
345,010 250,000
20,804
66 05 $1,255,600 $700,000
Trustees.
$69,229
(See V.
:
Winthrop Coffin, William H CoolIdge, William F. Hammett, Sydney Harwood, Frederick H. Lewis,
Horaoe B. Parker, A fred Pierce, Frank W. Remiok. James L. Richards, Charles W. Smith, George W. Morse, R. Elmer Townsend, Alden
Claflln,
:
<
i
659,
1
09.
St. Paul Minneapolis & Omaha Rj.— Listed.—
The New York Stock Exchange has admitted to the list
Chicago
$27,000 additional consolidated
1930,
making the
total
mortgage
amount
6 per cent boi ds of
listed to date $14,440,(00,
with authority to add from time to time $2,773,000 additional
bonds on official notification that they have been insued in
exchange for existing bends, making the total amount to be
listed $17,813,000.— V. 72, p. 872.
Chicago & North Western Ry. New Bonds Assumed.
This company last June purchased for $1,872,000 tbe Government's interest in the Sioux City & Pacific; KR. Previously
(in January, 1898), it advarced $1,628,000 for the payment
of the road's old first mortgage 6s, making a total outlay
—
In August last the North West took title to
the road, but prior thereto the Sioux City 6t Pacific RR.
Co. made a new mortgage to the Farmers' Loan
Tru8tCo.,as trustee, to secure an issue of $4,000,0(0 first
mortgage i% p. c. gold bonds, due Aug. 1, 1936, and issuable
as coupon bonds for $1,000 each or as registered bonds for
The new loan
$1 000, $5,000 and $10,000, without coupons.
provided for the reimbursement of the Chicago & North
Western on accour t of the $3,500,000 above mentioned and
for the payment of other debt, for purchase of new equipment and the construction of a new branch, etc. The road
covered by tbe mortgage includes the old line (as rebuilt)
from Sioux City southerly to California Junction and thence
westerly to a junction at or near Fremont., Neb., with the
Union Pacific, 105 miles, and tbe new branch from Sargent's Bluff, la., easterly to Movile, on the Ch. & N. W., 20
of $3,500,0(0.
&
miles.
Bonds Offered.— A block of the bonds above described is
by Kuhn, Loeb & Co. at 104}^ and interest by advertisement on another page. The Sioux Citv & Pacific RR.
has been merged into the Chicago & North Western, by whom
offered
the bonds have been assumed.
A large part of the i&sue has
already been sold and the balance is now offered.
Other Bonds Sold. Kuhn, Loeb & Co. have purchased also
the entire issue of $2,125,000 Peoria & Northwestern 3^s and
$1,940,000 Princeton & Northwestern bonds. See description
of these bonds in V. 73, p. 1010.
—
Chicago Terminal Transfer RR.— Listed.— The New York
Stock Exchange has listed $50,000 additional 4 per cent bonds
of 1947, making total listed $13,635,000.— V. 73, p. 1111, 783.
Chicago Transfer & Clearing Co.— Status.— In a long
article on the Chicago Union Transfer Ry. the "Railway &
Engineering Review" of Nov. 16 f aid:
As for exterior enterprises in the way of such auxiliaries as naturalrailway terminals, as, for Instance, manufacturing establishments, storage warehouses for general merchandise, coal, etc., the
Chicago Transfer & Clearing Co has made abundant provision in the
way of space. This compai y now owns 3,7C0 aores of land, bounded
on the north by a projection of e3d 8t. and on the south by the line of
79th St. projected, and lying between the Chicago & Western Indiana
RR. on the east and the Chioago Terminal Trausfer and Chicago Junction roads on the west. Atone corner this property extends to the
Chicago drainage oanal. See also V. 73, p. 1063.
ly attach to
Cleveland
& Co.
&
of this city
—
$41,112
—The board of trustees will be the following
Leonard D. Ahl, Adams D.
have been operated by the Railway Company under lease for
several years, the annual rental being stated an $20 (X 0. The
property, it is said, embraces considerable land, a large number of coal bins, railroad tracks, elevat'
mil an exAs to the price, the "Cincincellent frontage on the river.
nati Enquirer" says (compare V. 7:5, p. 956)
The price was $125,000 in each. In addition to thin tliH railway assumes payment of he bonds or the Clneon Oral lo, to tin- amount of
#200,000 at 5 per cent, which fall due lu 1903. — V. 73, p. H56, 667
Pittsburg RR.— Bonds Offered. -Estabrook
and Boston are offering a limited amount
Diva. paid.
of the first mortgage 3J£s, due Aug., 1950, at 1C6 and interest,
$16,800
yielding 3-25 per cent, and of the4^s, due Jan., 1942, at 125%
9,200 and interest, yielding 3*33 per cent.— V. 73, p 783.
15,612
Columbus Buckeye Lake & Newark Traction Co. Increase
2,500
"Increased in October, 1901, from $135,000 to $250,000.
73, p. 1112.)
1159
The company ha^ increased its authorized capital
of Stock
stock from $1,000,000 to $1,500,000. A. E. Applegate is now
said to be President.— V. 72, p. 338.
Delaware & Hudson Co.— New Guaranteed Bonds.— See
Hudson Coal Co. under " Industrials " on page 1163.— V. 73,
p. 1111, 956.
Detroit Southern RR.— Listed.—The New York Stock Exchange has listed $4,000,000 Ohio Southern Division first
E. Viles.
mortgage 4 per cent gold bonds of 1941, §2,750,000 first mortAdams B. Claflin of Newton^will be President and Freder- gage 4 per cent gold bonds of 1951, $6,000,000 preferred and
ick H Lewis Treasurer. Of the trustees, Messrs. Townsend $7,000,000 common stock voting trust certificates.— V. 73, p.
and Rtmick are conrected with the banking house of Kidder, 956, 7*3.
Peabody & Co., and the remainder, with one exception, are
Des Moines Iowa Falls & Northern Rj.— Hc-rt gage. —This
officers of tbe constituent properties.
company, organized late in 1899, whose proposed line from
Boston & Worcester Street Ry.— Contracts.— On Nov. 25 Iowa Falls, la., to Des Moines, 74 miles, is now being concontracts aggregating more than $1,500,000, it is stated, were structed by tbe Globe Construction Co., Chamber of Comawarded for construction on the company's new line between merce Building, Chicago, has made a mortgage to the ColoWorcester and B ston. James F. Shaw & Co. are the con- nial Trust Co. of New York, as trustee, to secure $1,200 000
tractors.
The Framingham Southboro & Marlboro, the 5 per cent gold bonds, dated July 1,1901, and due July 1,
Framingham Union and the Marlboro street railways have 1931, but subject to call at If 5 on July 1, 1906, or on any
July 1 thereafter. Tracklaying is progressing from Iowa
been purchased as part of the line.
Falls south to Buckeye, 10 miles. Stock has been authorized
The new officers are:
Officers.
at
$10,000 per mile. The President is E. S. Ellsworth of Iowa
William M. Butler, President; H. Fisher Eldridge of Portsmouth, N.
H., Vice-President; George A. Butman of Boston. Treasurer; H. W. Falls; Secretary, Charles Hutchinson: Treasurer, W. H.
Sprague, Arthur E. Childs. W. H. Tmmbell of Boston. Charles C. Woods.
Pieroe of Brookline. John H. Whipple of Brochton. Albion R. Clapp of
Detroit jTpsilanti Ann Arbor & Jackson Electric Ry.—
Wellesley, Fred C. Hlnes of Newton, Charles W. Shippee of Mllford,
and Alexander B. Bruoe of Lawrence, directors. See official state- Sale Reported Closed. The sale of this road to the Everettment, V. 71, p. 602; V. 73, p. 1111.
Moore syndicate is said to have been finally closed on Nov.
Chesapeake & Ohio Ry.— Purchase.— The coal terminals at 19. A press despatch says that the $2,600,000 stock was
Cincinnati recently purchased from the Kineon Coal Co. taken at 60c. on the dollar.— V. 73, p. 957.
—
—
THE CHRONICLE
1160
[Vol. LXXIII.
President. JJ. M. Folger, Kington
Ulenwood & Polytechnic College Street Ry. of Fort
VlcePre*ld<nt and General
O. W. Spencer, Montreal; Directors— H. P. TlmmerWorth. Receiver.— Upon application of W. S. Essex, on an Superintendent.
man, W. U. Matthews, Toronto; Thomas Talt, W. R. Raker. A. R. Cr>
$8,000 notf Judge M. E. Smith of the Seventeenth District man. Montreal; B. W. Folder, W. D. Hart, Kingston. -V. 73, p. 445.
Court at Fort Worth on Nov. 18 appointed Col. George T.
LakeTjitioefCnl.) Railway & Transportation Vo.-Bonds.
West as receiver of the property.
—A San Francisco paper eaye this company is proposing to
Great Northern Ity. Mr. Schiff Jiesign.8. — It was an- issue $500,000 bonds, secured by a mortgage on its railroad,
nounced yesterday that Jacob H. Schiff, of Kahn, Loeb & hotel, steamers and other property, the Mercantile Trust Co.
Co., had resigned from the board of directors. —V. 73, p. 1061, of San Francisco being mortgage trustee. The road is a
903, 895.
narrow-gauge line extending from Truckee to Tahoe, Cal.,
Hartford (Conn.) Street Ry.— Bonds Offered—The Treas- 15 miles, operated during tourist season. President, D. L.
urer will receive until close of business, Dec. 24, 1901, pro- Bliss, San Francisco.
posals for $250,000, or any part thereof, of first mortgage 4 per
Lehigh Valley Traction Co.— Report Denied.—C. M. Bates,
cent gold bonds of 19C0. The amount outstanding (which in Secretary and Treasurer, replying to our letter of inquiry,
aggregate can never exceed $3,000,000), including this issue, says that the report that the company has acquired the
will be $2,500,000.— V. 71, p. 390.
Philadelphia & Bristol Passenger Ry. is incorrect, the Lehigh
Hudson Valley (Electric) Ry. of Glens Falls, etc., N. Y. Valley Traction Co. having "no interest whatever in that
New Mortgage. The mortgage recently filed secures $4,- property."— V. 73. p. 1010, 616.
000,000 of 5 per cent $1,000 gold bonds, dated July 1, 1901,
Long Island R Ft.— Station for Uptown Tunnel. The comand due in 1951, but subject to compulsory retirement at pany has purchased two lots on the north side of 33d 8t., east
110 and interest on any interest day at option of company; of Broadway, for a station for its prospective underground
interest payable Jan. 1 and July 1 at the office of the trustee, tunnel from Long Island City to Manhattan under the East
the Merchants' Trust Co. of this city. The company is ex- River.—V. 73, p. 1011, 612.
pending a large amount in extensions, equipment and power
Louisville & Nashville RR. — Called Bonds. — Fifty-one
betterments. It now has in operation 83 miles of track,
($51,000) Pensacola & Atlantic RR. 6 per cent bonds have
without counting sidings, and will have 20 miles more in op- been drawn and will be paid at the office, 120 Broadway,
on
eration within six months. The authorized capital stock,
Feb. 1, 1902, at 110 and interest.— V. 73, p. 900, 726, 719.
all outstanding, is $2,600,000.
Of the authorized bond issue
Memphis Helena & Louisiana Ry.— New Gould Line.—
$1,000,000 is specifically reserved for future construction requirements and can be issued only with the consent of the This oompany was recently incorporated in Missouri with
trustee. The company, however, estimates that only about $3,400,000 authorized capital stock proposes to build in
$2,750, 0C0 will be required to provide for payment of all out- the interest of the Missouri Pacific Ry. about 225 miles of
standing bonded debt at or before maturity, to pay the float- new road, including a main line 187 miles in length, skirting
ing debt, and to make the additions, etc., now under way, at a safe distance the west bank of the Mississippi River
leaving $1,250,000 in reserve.
The Warren County and from a point on the Memphis branch of the St. Louis Iron
Sohuylerville
Grenwich &
bonds, shown on page 41 of our Mountain & Southern (Missouri Pacific System) southerly to
Street Railway Supplement, are to be called in and re- a connection at the Louisiana State Line with a new line to
New Orleans. George J. Gould is on6 of the incorporators
placed by the new 5s.
New Stcck.— The New York State Railroad Commission has and in his name stand 4,528 shares of the stock.
authorized the company to increase its capital stock from
Metropolitan Street Ry.— Quarterly.— Earnings for the
quarter ending Sept. 30 were
$2,600,000 to $3,000,000.— V. 73, p. 1061, 899.
;
<-l-
.
—
—
—
:
&
Net
Interest,
Other
Balance
Eastern Traction Co. Purchase.— This 3 mos. end'g Gross
Sept. 30. earnings,
earnings.
income.
taxes, etc.
surplus
company, incorporated last spring with $200,000 capital 1901
....$3,596,5i5 $2,033,285 $153,740 $1,148,714 $1,038,311
stock, recently purchased control of the Indianapolis & 1900
3,445,369
1,890,333
924,285
162,937
1,128,985
Greenfield Rapid Transit Co., capitalized at $400,000 stock —V. 73, p. 843, 616.
and $300,000 bonds, and owning about 17^ miles of track,
Metropolitan Street Ry. of Kansas City.— Guaranty The
extending from Greenfield to Irvington, Ind., where it con- $2,000,000 second mortgage 4 per cent bonds of the Kansas
nects with the Indianapolis Street Ry., over whose track it City Elevated Ry. are endorsed with the following guaranty
operates within Indianapolis. An extension towards Rich- of principal and interest
mond is said to be projected.
The Metropolitan St. Ry. Co. for and in consideration or the sum of $1 00 to
Increase of Stock. Notice was given on Nov. 25 of an in- it in hand paid by the holder hereof, and for other good and valuable considerations, does hereby covenant to guarantee to the holder of 'his bond for the
crease in the capital stock from $200,000 to $800,000, of which time being that the Kansas City Elevated Ry. Co. sball and will pay the principal of this bond, aDd the interest thereon, as the same shall respectively be$200,000 is 5 per cent preferred. Frank Maus Fauvre is Pres
come due and payable, according to the tenor and conditions of said bonds,
ident and J. W. Chipman, Secretary. The other directors and of the coupons thereunto annexed, becoming due and alter Jan. 1st, 1895.
And in caee of default of payment of such principal or of any instalment of
are Ansel Fatout, Emil C. RassniMim and Logan Schall.
such interest the said The Metropolitan St. Ry. Co. will make such payment.
Inter-Urban Street Ry. of Mount Vernon, N. Y.— Re- In witness whereof the said The Metropolitan Street Ry. Co. had caused its
name to be signed hereto by its President or Vice-President and its
organized Company
This company has been incorporated corporate
corporate seal, attested by its Secretary, to be hereto affixed this day of July
at Albany, with $500,000 authorized capital stock, as suc- 12th,1894.-V.73, p. 138.
cessor of the North Mount Vernon Ry.
Mexican National RR.— Listed.— Speyer & Company's enDirectors: Andrew A. Halsey, Fred O. Cooheu, Joseph F. Coffey, graved certificates of deposit issued under the readjustment
Charles M. Sweeney. Joseph F. MoClean, Michael J. Kennedy, Louis plan (V. 73, p. 784) have been placed on the regular list of
H. Meht, George W. Selxas and William J. Stndwell of Brooklyn.
the New York Stock Exchange.— V. 73, p. 1112, 1061.
Kansas City Fort Scott & Memphis Ry.— Deeds Filed.—
Kansas & Texas Ry.— Bonds.— See Wichita Falls
A deed was recently filed conveying the title to the property Ry.Missonri
below. -V. 73, p. 957, 843,
of the "Kansas City Fort Scott & Memphis Railroad Co."
Missouri Pacific Ry. Proposed New Line. See Memphis
to "The Kansas City Fort Scott & Memphis Ry. Co."
Revenue stamps for §7,136 75 indicate a consideration of Helena & Louisiana Ry. above.— V. 73, p, 185.
Another deed was subsequently filed, leasing
$7,136,750.
Norfolk & Bristol (Mass.) Street Ry.— New Securities.—
the property of the Railway Company to the St. Louis & The Massachusetts Railroad Commission has under considerSan Francisco RR. Co. per plan already announced.
ation a petition for authority to issue $150,000 mortgage
Listed.— The New York Stook Exchange has listed the bonds and $200,000 capital stock.— V. 73, p. 1112.
$13,736,000 consolidated mortgage 6s of 1888, issued by the
North Pennsylvania RR. Notice to Bondholders.—The
old Railroad company; also the $11,650,000 four per cent re- Reading Company has made arrangements with Drexel &
funding mortgage guaranteed bonds of 1901 issued by the Co. and Brown Bros. & Co., for retiring at maturity the
Raihcay company; and the $13,510,000 of 4 per cent stock $4,500,000 7 per cent general mortgage bonds, due Jan. 1,
trurt certificates issued by the St. Louis & San Francisco RR. 1903. In the meantime the holders are offered until Jan.
Co. again deposit with the Mercantile Trust Co. of an equal 1, 1902, through the bankers named, the option of having
amDuntof said Railway company's preferred stock, as per their bonds extended at par, from the date ot their maturity,
plan in V. 72, p. 1238.
viz.: Jan. 1, 1903, to Jan. 1, 1953, at the rate of three and
The official eta' ement made to the Exchange in connection three tenths per cent per annum payable semi-annually in
with the application to list the securities of the new com- gold, free of taxes— interest in the meantime at the rate of
pany will be found on pages 1165 and 1167. The property has seven per cent per annum to be paid as it accrues until
been leased to the St. Louis & San Francisco RR. Co., the Jan. 1, 1903. This refunding will save the Reading Company
lessee guaranteeing the principal and interest of the refund- in interest
$166,500 per annum.— V. 62, p. 870.
ing bonds and 4 per cent on the preferred shares. The latter
Northern
Pacific Ry. Option to Subscribe to New Con'
are represented by trust certificates issued against the deposit
An advertisement on another page an of the preferred stock with the Mercantile Trust Co. These vertible Certificates.
nounces that each holder of common stock of record Dec. 10.
certificates are redeemable by the St. Louis & San Francisco
or beat par on thirty days' notice, and are payable in twenty 1901, is offered the opportunity to purchase at par on
fore
Dec.
24, to an amount equal to seventy-five eightieths of
yesrs. The statement above referred to gives the various
convertible cer
facts in detail, with earnings, balance sheet, etc.— V. 72. p. the amount of common stock held by him,
y tificates of indebtedness, part of a total issue for S75.0?0,000
900. 843.
authorized by vote of the directors passed Nov. 13, 1901.
Kenosha (Wis.) Street Ry.— Bonds.— The shareholders The certificates in temporary form will be ready for dewill vote Dec. 4 on a proposition to authorize bonds.
livery from and after Dec. 11; payment for them must be
Kingston (N. Y.) Consolidated RR.— New Securities.—The made on or before Dec. 31 at the company's office, 49 Wall
New York State Railroad Commission has authorized the Street. Further facts follow:
Such convertible certificates are to be dated Nov. 15, 1901, and to
company to make a mortgage for $700,000 and to increase its
be payable on Jan. 1, 1907, In gold coin of the United States of the
capital stock from $250,000 to $400,000.— V. 72, p. 184.
preeent standard of weight and fineness, at the company's office In
Kingston & Pembroke Ry.— In Control.— The Canadian the city of New York, and to bear interest in like ROld coin at ihe rate
Pacific having purchased a majority of the company's stock, of 4 rer cent per annum from Jan. I, 1902, payable semiannually at
said office. Every suoh certificate shall be convertible into shares of
the following new board of directors has been eleoted
the common stook of the Northern Paciho Railway Oo. at the rate of
Indianapolis
—
—
—
—
—
:
November
THE CHRON1CLH.
80, 1901.
one share of $100, par value, (or each $100 or the principal of ouch
convertible certificate. Buob conversion may be uiaite by ibe Northern I'aoltlo Railway Co. at Its option at any time after Nov. 16. 1D01,
and shall be made at the demand of any bolder of auy such certificate
at any time on or after Jan. 1 1902.
All of the moneys received for such convertible certificates
will be uatd exclusively for the retirement of tbo preferred
stock at par. and will be set apart as a trust fond for inch
purpose. The railway company has contracted to sell to
other parties on the same terms all of said certificates of indebtedness not purchased by the holders of the common
,
stock.— V.
certificates convertible Into stook, In multiples of $100, will
be given.
1112, 1062.
Northwestern Elevated RR. of Chicago.— Option to Subscribe.— Shareholders of record Dec. 21 are offered the privilege of subscribing at 96 flat ($960 per bond) to the extent of
one bond for each 25 shares of stock, for $4,000,000 additional
first refunding 4 per cent bonds.
The proceeds will be used
to pay off the old 5 per cent first mortgage bonds, which have
been called for redemption Jan, 1.— V. 73, p. 957, 841.
Ohio & Little Kanawha Ry.— Control.— The
is
that the purchaser of this line
—V.
is
latest report
the Baltimore
& Ohio RR
73, p, 1112, 900.
Ottawa Northern & Western Ry.— Increase of Stock.—
This Canadian company, until recently known as the Ottawa
& Gatineau Ry. Co., having a road in operation from Hull
opposite Ottawa northerly, 57 miles, to Gracefield, Que., has
increased its capital 6tock to $10,000,010 to provide, it is reported, for the recent absorption of the Pontiac & Pacific
Railway, extending from Aylmer westerly to Waltham, Que.
71 miles, the International Bridge Company's bridge between
Ottawa and Hull, and the trolley line?, etc., of the Hull
Electric Co. H. G. Beemer of Ottawa is President, and H.
L. Maltby of Ottawa is Secretary and Treasurer.— V. 72,
p. 339.
«fc
ated with $900, (JO) authorized capital stock to build a !»(j miJ>i
exteUHtou for thin company from Ctpe Girardeau, Mo., ou
the Iflaalwippi River northerly to Crystal Otty, M.j.. a
railroad station 33 miles south of St. Loots, The new road
will be built as qnlokly
pofalble, 20,0 10 ton ol 75
rails having already bt en contracted for with theCambi
Co. The Southern Missouri &, Arkansas will acquire the
M
•
I
Cape Girardeau & Northern and issue Ite own B si mortgage bonds on the extension. V. 78, p.
•>outheru Railway. Application to List —Application has
been made to the New York Stock Exchange to list $1,907, 000
additional first consolidated mortgage 5 per cent gold bonds
of 1991. -V. 73, p. 661, 392.
RR.— Quarterly.— Earnings
Third Aveune
ending Sept. 30 were
3
mm.
end'g
Sept. 30.
1001
190O
-V.
for the quarter
:
Gross
earnings.
Net
earnings.
Other
income.
$599,406
566.783
$'27.->.768
$t>5,188
266,040
23.916
Balance,
Interest,
taxes, elc.
deficit.
$441,152
440,124
$100,196
1
0,868
73, p. 552, 554.
Toledo St. Louis & Western RR.— Earnings.— For the
months ended Sept. 30, 1901, the company reports gross
earnings of $656,460, contrasting with $523,597 in 1900, and net
earuingsof $203,351, against $i42,837 in 1900.— V. 73, p. 1063,
three
896.
Utica & Mohawk Valley Ry.— Consolidation.— On Nov. 27
a certificate was filed at Albany announcing the consolidation under this title of the Utica Belt Line Street RR.
and the Utica & Mohawk RR See Street Railway SupPLEMKST, page 87.— V. 73, p. 723, 283.
Washington (D. C.) Traction & Electric Co. -Sold.— The
stocks, bonds, etc., covered by this company's collateral
trust mortgage of 1899 were purchased at the foreclosure sale
on Nov. 24 for $5,000,000 by Bernard Tollesand JulienT. Davies
of this city, representing the reorganization committee. The
company will now be reorganized per plan in V. 73, p, r>54.
Interest Payment.— R. M. Hurd, Secretary of the reorganization committee, announces that a payment of $11 on each
certificate representing $1,000 of deposited bonds will be
made on Dec. 2, 1901, at the United States Mortgage & Trust
Co., New York City, the amount so paid being interest at the
rate of 4 per cent per annum for the six months endiDg Nov.
30, 1901, upon the par of the new bonds to be issued under
the plan.— V. 73, p. 1012, 844.
Wichita Falls Ry.— Bonds Offered.—Mason, Lewis & Co.
of Chicago and Boston have taken advance orders for $100,000, and offer subject to prior sale at 10232 an d interest the
remaining $130,000 of the company's outstanding issue of
$230,000 first mortgage 6 per cent gold bonds. These bonds
are dated July 1, 1895, and are July 1, 1925, but subject to
call at 105 and interest, interest payable January 1 and July
1 in St. Louis, Mo.; coupon bonds of $500 each, issue limited
to $250,000; Union Trust Co. of St. Louis, trustee. The
Wichita Falls Railway Co. owns 20 miles of standard gauge
from Henrietta, Tex., to Wichita Falls, Tex., and
operated by the Missouri Kansas & Texas Ry. Co. under
contract extending until Jan. 1, 1930, b?ing a continuation
of the Henrietta branch of that system. The mortgage provides for sinking fund of $2,50:» a year, to be paid on Jan. 1
of each year to the trustee. During the past six years the
company has paid this amount to the trustee, and $5,000
in addition thereto (total of $20,000), with which $20,000 cf
these bonds has been purchased, reducing the issue to $230,000, being about $11,000 per mile. The earnings are reported
as f ollowe
railroad
People's Light & Ry. of Streator, 111.— Pur chase.— The
Cleveland syndicate, represented by H. Clark Ford, L. W.
Prior and W. V. Coons, which controls this company, re
cently purchased control of the electric railways in La Salle
and Peru. It has also obtained a right of way from Streator
to Ottawa, and from Ottawa to La Salle and Peru, and from
thence to Spring Valley. "Cleveland Finance" says:
The entire dlstanoe between the terminals of this system will be
about 34 miles, and Inoluding the looal lines in the -various towns will
five the eyndioate about bl miles of tracks within La Salie County.
t is expected that by early spring the project will be advanced sufficiently to enable a start belnx made on the construction, and that
by August 1, 1902, the road will be in full operation.
Philadelphia Wilmington & Baltimore RR.— Increase
of btock.— The stockholders will vote on Jan. 13 on a propo
sition to increase the capital stock in order to effect a consolidation with the Baltimore & Potomac. See V. 73, p. 723.
Reading Company.— Refunding.— See North Pennsylvania
RR. Co. above.— V. 73, p. 846, 837, 780.
Richmond Fredericksburg & Potomac RR.— Report.—
The company reports for the year ending June 30
:
Tear—
Gross.
1900-1901. ..$1,069,758
1899-19CO...
993,252
Net.
Other inc.
Charges.
Balance.
$374,645
421,202
$23,420
18,220
$88,808
87,320
$309,2.7
352,102
From the balance as above were paid dividends on common
stock and dividend obligations amounting to $188,488 in
1900- 1901, against §187,008 in 1899-1900, leaving balance, surplus, $120,769, against $165,094 in 1899-1900.— V. 73, p. 1118,
1011.
St.
Southern Missouri
ArkanmiH RK. — AV« Line.— The
Girardeau & Northern RK. Co. was recently incorpor-
(.'ape
'
73, p. 1062, 1011.
Northern Securities Co.— Circular.— A circular issued by
President Hill of the Northern Securities Co. on Nov 23 to
holders of stock of the Great Northern Railway Co. offers to
buy the minority shares during the next sixty days on the
same terms as were given for the majority inttrest. 'Ibe
circular says
The Northern Securities Co., incorporated under the laws of the
Btate of New Jersey with an authorized capital stock of $400.uOO,Ouo,
and with power to Invest In and bold the securities of other com
Sanies, has commenced business, and has acquired from several lar^ce
ciders of stock or the Great Northern Railway Co. a considerable
amount of that stock. A uniform urlce has been paid or $lso per
share, In the f ully-pald stook of this company, at par. This company
1b ready to purohaee additional shares ol the same stook at the same
price, payable In the same manner, and will accept oilers made on
that basis if made within the next sixty days.
Offers for sale of stook of the Great Northern Railway Co. should be
made upon the enclosed form, and should be accompanied by the
certificates of the stock offered with transfers duly executed, having
United States stamps for transfer tax of two cents per share affixed
Upon receipt of any such offer, so accompanied, the Northern Securities Co. will deliver to the seller of the stook of the Great Northern
Railway Co. certificates of its own stook to the amount of the purchase
prloe above named, or, if such certificates are not then ready for
delivery. Its negotiable receipt, obliging It to issue and deliver such
certificates as soon as ready. For fractional parts of shares, sorlp
— V. 73, p.
11G1
Lawrence & Adirondack Ry.— Authorized— The share-
holders on Nov. 27 approved the proposition to increase the
capital stock frcm $1,300,000 to $1,615,000, to provide for the
payment of the debentures recently called for redemption at
105.—V. 73, p. 958, 840.
is
Gross
earns,
Fiscal
year.
1899-00
1898-99
$46,363
38,681
6mos. to Deo. 31, IbOO 37,401
-V.
Opera 'g
expenses,
$11,347
12,983
16,457
Net
Int.
sink,
25,698
20,944
16,915
9,580
Electric
Ry
71, p. 865.
Wilmington
&
New
Castle
Divs.
<£
fund paid.
$85,Ol6 $16,765 $18,251
earns,
8,782
11,364
— Official
Statement.— Treasurer Clarence P. King, replying to our
inquiry in reference to the reported sale of this company to
the TTrited Ry. & Power Co., says that if any suoh event has
taken place, "we haven't discovered it yet."— V. 72, p. 243.
INDUSTRIAL. GAS AND MISCELLANEOUS.
& Montana ConMining Co. below.
Output.— Reports from Boston say the Boston & Montana
smelters are still shut down and comparatively little ore is
being taken from the Anaconda and Parrott mines.— V. 73, p.
Amalgamated Copper Co.— See Boston
solidated Copper
&
Silver
1012, 844.
American Grass Twine Co.— On Unlisted.—The New
York Stock Exchange has admitted to dealings in the unlisted department the $13,083,000 of outstanding capital
The
total authorized issue of stock is $15,000,000, of
is in the treasury and $332,000 is unissued.
70, p. 998.
stock.
which $1,035,000
& San Francisco RR.-See Kansas City Fort -V.
Memphis Ry. above.— V. 73, p. 1113, 1C62.
Bay (Boston) Park Land Co.— Status— A proposition
Savannah Electric Co.— Amalgamation.—Se>e Ediaon Elec- forBack
consolidation was made last spring to the Boylston Street
tric Illuminating Co. of Boston above.
Land Co but the latter has hemd nothing sine* officially
Savannah Thunderbolt & Isle of Hope Ry.— Amalgama
from the " Back Bay Park Land Co." managers, and apparMow.— See Edison Electric illuminating Co. of Savannah, Ga., ently the scheme has been given up. — V. 72, p. 1282.
below under "Industriala."— V. 69, p. 334.
Bangor (Me.) Gas Light Co.— Bonds.— Harry Merrill of
Sioux City & Pacific RR.— Guaranteed Bonds.-See Chic- Bangor bas purchased the company's entire issue of $300,000
ago & North Western Ry. above.— V. 73, p. 1239.
first mortgage 5 per cent gold bonds, dated Oct. 1, 1901, and
St.
Scott
Lonis
&
,
THE CHRONICLE.
1162
dne Oct. 1, 1941, but subject to call after Oct. 1, 1911, at 107
and interest. In June last the Amerioan Gas Co. of Philadelphia purchased the entire property for $292,500 cash, since
which $57,000, it is stated, has been expended on a new gas
holder, new mains, etc. For the year ended April 1, 1901,
before these additions were made, the gross income was $45,053; net, $17,171. The company's charter runs till 1952 and
is described as exclusive.
Mr. Merrill has placed $100, 0.0 of
the bonds and is offering the remainder for sale, the price at
last accounts being 109^.— V. 73, p. 84.
Boston & Montana Consolidated Copper x Silver Mining
Payment of Dividends Prrmitted. — Judge Henry
Knowles of the United States Court at Helena, Mont., on
Nov. 25, modifying the injunction secured by John MacGinnis, an employe of F. Augustus HeiDze, to restrain the company from selling out to the Amalgamated Coppar Co.,
authorized the payment of dividends by the Boston & Montana, provided a bond is furnished equal to the amount of
the dividend payment, the company to qualify for double
this sum.
Litigation.— Judge Knowles on Nov. 20 granted MacGinnis and the other parties to the action an extension of time
to Dec. 23 in which to secure the testimony of the officers of
the Amalgamated Copper Co. Also in this city on Saturday
last Judge Lacombe, in tb.3 United States Circuit Court, on
application of Franklin Bien, representing John MacGin
nis, issued an order to show cause why the following direc-
—
Co.
&
tors of the Boston
Montana should not be punished for
contempt of court, viz.; H. H. Rogers, P. J. Mcintosh, William G. Rockefeller, Frederic B. Oicott, James Stillman and
Leonard Lewisohn, for failing to appear at a hearing set for
Nov. 22, and Anson R. Flower for appearing but refusing to
Yesterday Jud^e Lacombe held Mr. Flower guilty
of contempt, but a stay was granted pending an appeal to
the United States Circuit Court of Appeals.— V. 73, p. 724,
testify.
664.
with Emit
IVol. LXXIII.
Kiesewetter and
Charles
Lindenburg as
H.
trustees.
The " Ohio State Journal " on Nov. 26 said
By the provisions of the offer the following prices are. to be paid for
all stock deposited with the trustees by that date
Columbus Edison
Co. (the holding corporation), preferred, $125. common, $15. Columbus Electrlo Co., $39 5). Columbus Edison Electric Light Co.,
$133 25. The holding cnipany has issued $100,000 «4UJ,7t>2 Ed.]
In common and *350.0oO [$ 9H.175-ED.] in preferred stock, and it is
neoessarv to secure two-thirds of this to obtain complete control.
Over half of the common and 1 ,300 shares of the preferred stock of the
holdi< g company were obtained at these figures, when some of the
stockholders asKed for an increase in the prloe. After some negotiation the bid for common stock was raised to $40, and <>t this prloe it is
said that a majority has been secured and the transfer will be made.
:
:
[
The belief in Columbus is that the syndicate has in view a
trolley and electric-light and power consolidation.
V. 72, p.
410.
—
Distilling Company of America.— Stock Reduction. —The
shareholders will vote Dec. 20 upon the proposed reduction
of the capital stock by cancellation of unissued shares. After
the reduction the stock will consist of $35,000,000 preferred
and $50,000,000 common, or a total of $^5,000,000, as against
the present $125,000,000, the treasury continuing to hold as
now $3,750,000 of the preferred and $3,573,000 of the common.
V. 73, p. 964, 897.
—
Edison Electric Illuminating Co. of Savannah. Amalgamation. Tne shareholders will vote Dec. 9 on a proposition
to approve a certain contract (dated Oct. 1, 1901,) between
George Parsons and Stone & Webster, and others, with reference to the purchase of the controlling interest held by Mr. Parsons and his colleagues in the Savannah Thunderbolt & Isle
of Hope Ry. Co. If the deal goes through, as expected, a new
company, to be known as the Savannah Electric Co., will, it
is stated, be incorporated to control both the trolley and the
—
electric light and power properties.
The securities, etc., of
the street railway company are shown on page 82 of our
Street Railway Supplement. The Edison Electric Illuminating Co. of Savannah, of which Stone & Webster of
Boston are the managers, has outstanding $275,000 capital
Boj lstou Street Land Co.— See Back Bay Park Land Co.
above.—V. 72, p. 875.
stock, which is receiving dividends of 6 per cent per annum
Brooklyn Ferry Co.— Ntw Ferry. The new ferry line be- and $250,000 first mortgage 6 per cent gold bonds (authorized
tween 42d St., Manhattan, and the foot of Broadway, Brook- issue $500,000) due April 1, 1919, but subject to call at 105
Geo. J. Baldwin of Savannah is President.—V.
lyn, it is announced, will be opened on Dec. 2, two new after 1903.
double deck ferryboats— the Henry B. Hollins and John 69, p. 79.
Englis being put in service. V. 72, p. 773.
Edison Light Co. of Grand Rapids, Mich.— Purchase.—
Buffalo (N. Y.) Natural Gas Fael Co.— Circular to Con- The company has contracted to purchase the $100,000 capital
sumers. The company has sent a circular to the consumers stock of the Grand Rapids Electric Light & Power Co.
of its natural gas, saying:
Electric Lighting Co. of Mobile, Ala.—Stock. —The shareThe company, while not wishing to alarm its patrons, feels it to be holders on Nov. 22 authorized the increase of the capital
its duty to notify tuein, as a measure of prudence, that
should
—
—
—
—
they
provide themselves with other fuel, thus insuring against a possible
shortage of natural gas during a few of the very coldest days of the
approaching winter. For fourteen years the company has by g( od
management been able to furnish a constant and ample supply of natural gas, with the exception of a slight suortage two yeais ago. We
are led to give this warning for two reasons:
First— The very large increase in the population of the City of Buffalo this summer, due to the Pan- American Exposition, has made an
unusual draft on the gas fields just before the winter mon lis.
Second— The deorease in natural pressure of the gaa has made necessary the use of large pumps to force the gas from the wells to the
city
This machinery has been largely added to this fall, and with each
new machine is an added danger of breakage. A little coal or wood
on hand at such a time will save great inoonvenienoe and possibly
suffering, for if the company esoapes a shortage during the very coldest days it will oonsider itself most fortunate.
.
Capitol Freehold Land & Investment Co.— Decision Reversed.— At Fort "Worth, Tex., on Nov. 9, the Court of Civil
Appeals reversed the aotion of the lower courts appointing
J. V. Goode and W. H. Fuqua receivers. The company is an
English corporation, organized in 1885, with £2 000,000 outstanding capital stock, divided into £500.000 "ordinary" and
£1,500,000 "deferred ordinary" shares.
The company ac
quired 3.030,003 acres of land patented by the State of Texas
to John V. Farwell, Charles B. Farwell and Abner Taylor
stock to $300,000.
Electric
Vehicle Co.— Bonds.—The bondholders,
it
is
stated, have agreed to the proposition to increase the amount
of bonds outstanding under the mortgage from $1,675,000 to
$2,250,000.
Factory.
—The
Elizabethport (N. J.) factory was recently
done at the works
closed, all the manufacturing now being
in Hartford, Conn.— V. 73, p. 959, 786.
Erie Telegraph
& Telephone Co.— President.—The
resig-
nation of Charles J. Glidden as President of the various Erie
Telephone subsidiary companies, tendered some time ago,
has recently been accepted, and he has now given up all connection with the same. He still remains as a director, but
will hereafter have no other part in the executive management of the Erie Company's affairs.— '-Boston Journal."— V.
73, p. 902, 555.
—
Federal Gas & Fuel Co. of Columbus, 0.— New Receiver.
The Cleveland interests having bought out the faction headed
by E. M. Poston and Charles L. Kurtz, Judge Badger
recently appointed Frank M. Peet receiver in place of John
The receivers' report, it
J. Stoddard and L. D Lampman.
for building the capitol at Austin. On these lands were is
is stated, shows receipts from Dec. 22, 1900, to Nov. 1, 1901,
sued £995,028 of 5 and 6 per cent debentures. In 1889 the of $70,674.—V. 73, p. 187, 35.
company, being unable to pay the interest on these deben
Franchise Tax in Illinois. Why Injunction was Refused.
tures, leased its lands to a syndicate composed of the men
above named, who guaranteed to pay the interest at certain —It appears that the refusal of the Court on Nov. 22 to conrates.
This lease was several times renewed. In 1893 a.new tinue tne injunction asked by the Chicago Union Traction
Co., restraining tbe Chicago Board of Equalization from
lease was made, providing, it is said, as follows
Until the bonds become due the syndicate shall manage the business assessing taxes, was based upon the opinion that the applicaof raising and selling cattle shall keep on the ranch 1 20,000 head of
tion was premature and snould have been made after the
cattle, maintain the buildings, improvements, etc.. and pay the interassessment was levied and with a view to restraining the
:
;
on the bonds, which has been soaled to 4 per cent, except on £80,980, soaled to 5 per cent. The syndicate shall be entitled to receive
for their own benefit the proceeds of all cattle sold by them, etc.. and
upon the maturity of the bonds shall return to the company its lands
and a herd of 120,000 oattle, except extraordinary losses from causes
est
beyond
their control.
The unsuccessful
shareholder
who
application for a receiver
is dissatisfied
was made by a
with this lease.— V.
73, p. 238.
Central Pennsylvania Telephone & Supply Co.— Consolidation.— Szq Pennsylvania Telephone Co. below. V. 73, p.
—
724.
Citizens' Electric Light & Power Co. of Houston.— Sale
Dec. 3. —This company's property is advertised to be sold under foreclosure at Houston on Dec. 3 pursuant to a decree
entered on March 19, 1900, by the United States Circuit
Court for the Eastern District of Texas in the suit brought
by the Massachus9tts Loan
Trust Co., the mortgage trus-
&
tee.— V.
72, p. 45.
Columbus
A
syndicate,
(0.) Edison Co.— Offer for Stock.—
seems, has obtained an option till Dec. 9 on the company's
stock, and deposits of the shares are being made at Columbus
it
Now
that the assessment has been ancollection of the tax.
nounced, it is said a new application for an injunction will
be filed, the case.not having been dismissed. V. 73, p 1114,
902.
—
General Carriage Co. of New Jersey.— Reorganization
A committee consisting of Edwin M. Post. Robert E.
Jennings, Leroy W. Baldwin and Henry Rowley, has, at the
request of " a large proportion of the stockholders" issued a
reorganization plan, which says in substance
"Your company never had sufficient capital to put it on a paying
Plan.
—
:
and the necessity of borrowing funds for current needs comThe charter of the New York Company,
it to run into debt.
whioh was passed by Special Act of Legislature, giving special privileges, was hypothecated by the New Jersey Company in order to enable
it to raise working capital, and this New York Charter was afterward
sold and transferred to the creditors, and can now be obtained by the
committee for an expenditure of $210,000, being the sum for which it
basis,
pelled
was transferred."
"It is proposed to form a new company with a total
authorized capital of $2,000,000, consisting of 40,000 shares of
$50 par value each. The company will issue $500,00 ) of 5
per cent debenture bonds, of which $100,000 will be held in
November
THE CHKONK'Lh.
30, 1901.
the treasury and $400,000 will be sold at par to provide the
means of patting the company in active business, viz.:
"Purohase of vehlolosnow under attachment, $ It, OOO; oertiiiu debts
of old company, $15,000; purohase of charter of New York Com pain
$210,000; payment of receiver's expenses, etc, $10, 000; expenses oi
reorganization, $10,000; repairs of rehlolee and new batteries for
same, $.'5,000; purchase of 40 new vehicles, $80, 000; cash lu treasury,
,
$ir>,000; total,
$U
0,000.
'•It the reorganization is successful your company will
eventually have 84 vehicles. Consolidation with oertain
other important interests has been suggested, but the oommittee h^s deemed it essential that the company should have
Tbe right to
its capital stock first reduced to a proper basis.
participate in such new developments will be given pro rata
to all new stockholders.
•'The committee invite the co-operation of the old stockholders on the following terms:
"The owner of each ($100) share of [the $19.000,000. -Ed. stock m
the General Carriage Co. of New Jersey, upon depositing such Share
|
of stock, together with a payment of $1 per share, will be allotted for
each share $1 of the 5 per cent debenture bon^s of the new company
and $5 of the common stock of the new company. Thus, the owner or
100 shares ($10 000) of stock In the present company, upon depositing said stook and paying $100 will receive therefor $100 In 5 pet
oent debenture bonds and $500 of the stock of the new company.
"Provided this plan is accepted by a sufficient number of
the stockholders, the committee will undertake to have the
balance not so subscribed underwritten by a syndicate. The
Bowling Green Trust Co. will receive deposits of stook up to
and including Dec. 5, 1901."
The committee is advised that the following letter from
Assistant Secretary J. S. Tracy contains a conservative
estimate of the earning capacity of the new company:
If this plan is carried out and the company starts business with 84
vehicles in perfeot running order, and with extra battel ies to enable
eaoh vehicle to run both night and day, I estimate gross earnings of
$10 per day per vehiole, or $340 a day. The expanse of maintaining
these vehicles and operating the company would on the basis of past
records aggregate $6 for each cab per day, viz
:
Chaivinc each cab per day, $1; wages of moterman. each cab per day, I3
depreciation for each vehicle per day, $1; (figured at 20 per cent uer annum of
the cost, or $''d5 for each cab); repairs and general expenses. Si; total for each
cab per day, f
The 8* vehioles ought to earn, net, $4 per day per vehicle, or $121,540 per annum. The fixed charges will be 5 per cent on $400,000
bonds or $20,0u0, leaving a balance applicable to dividends of $ 101 ,540. With every increase in the number of vehicles the cost of operation of the whole number oan be materially reduced.— V. 73, p. 496.
;
(5.
11(53
placed in the hands of thre-- trustees, who will hold it during
the construction of the works, to prevent competitive interests
obtaining control and leaving the plant uufiniHi
Purehate, —The "Iron A,L;e" says the company recently purchased W. C. Freeman's interest in the C -ruwall Iron Co.,
but that tins purchase does not carry with it any oi
ty.
This acquisition, it seems, was the basis for exaggerated
rumors recently alljat. V. 7'i, p, 778.
i
—
Laud & River C<». of West Superior, Wis.— Reur<j<iniza— At the request of a numb.-r of bondholders and stockholders, George Sherman, Warner Van Norden, IMiry W.
DrForest, Samuel E Killner, H. Van Rensselaer K -nnedy,
C. C. Jackson and Henry Jam B have consented to act as a
committee of reorganization, and holders of bonds and stocks
tion.
are asked to deposit their s-.curities on or before D.c 31 with
theCt-ntral Trust Co., which will issue negotiable certificates
therefor. Copies of the reorganization agreement may be
obtained from the Trust Company. Dj Forest Bros, are
counsel to the committee. See V. 09, p. 1150.
Manhattan Soda Water Co.—Sale Dec. 10.— The
foreclosure
advertised lor Dec. 10 on the premises, No. 56 Allen
Street, Borough of Manhattan.
The sale will take place
under mortgage due May, 1901. Jacob Kulla, trustee.
f-ale is
Monongahela Light & Power Co.— Lease.— See PhiladelCompany on page 1112 of last week's Chronicle.— V.
phia
t9, p. 285.
National Rice Milling Co.— Dividend— A dividend of two
per cent has been declared upon the outstanding new preferred
capital stock, payable on Dec. 2, 1901, to stockholders of
record Nov. 21.— See V. 72, p. 135.
National Salt Co.— Called Bonds.—Twenty bonds ($20,000)
Kansas Salt Co., secured by mortgage dated Jan. 1,
1892, and by supplemental mortgage of the HutchinsonKansasSilt Co., dated April 9, 1900. have been selected by
lot for payment at the Merchants' Trust Co., New York, on
Jan. 1, 1902, at the rate of §1,020 and accrued interest per
bond.— V. 73, p. 960, 794.
of the
New England Gas & Coke Co.— Subsidiary Company.—
The Massachusetts Gas Commissioners have authorized the
Hudson Coal Co. Ntw Bonds Guaranteed by Delaware & Dorchester Gaslight Co. to issue $120,400 new stock (in place
Hudson. This company has created $1,600,000 of 4 per cent of the $480,400 proposed), the new shares to be sold at $125
debeniure bonds, payable $100,000 yearly, May 1, 1902, to per share. The floating debt is said to aggregate $335,000.
May 1, 1917, interest payable May and November. These See V. 73, p. 1064.— V. 73, p. 1114, 1064.
bonds are guaranteed by the Delaware & Hudson Co. as to
New York Dock Co.— Listed—The New York Stock Exprincipal and interest by endorsement on each, The Hudson change has listed $ 11. 5S0. 000 first mortgage 4 percent gold
Coal Co. was organized to hold the coal lands recently acquired bonds of 1951, $ 0,000,(00 five per cent non-cumulative prein the interest of the Delaware & Hudson. The bonds have ferred and $7,000,000 common stock.— V. 73, p. 1114, 880.
been sold in block and are not likely to appear on the market.
New York Inter-Urban
ater Co. of Mt. Vernon.—This
International Paper Co.— Illustrated Report.—The com company, incorporated on June 29 last, with $1,500,0(0 aupany has issued a cloth- bound report of more than 100 large thorized capital stock (part 6 per cent preferr ed), yesterday
pages, of which fifteen are descriptive of its organization, took possession of the property formerly belonging to the
finances, properties, etc.
The remaining pages contain Suburban Water Co., foreclosed in May last. The new comhandsome illustrations showing the exterior of the com- pany is understood to be controlled by a syndicate, including
pany's many plants and interior views, which, with a line the West End Trust Co. of Pniladelphia and the American
or two of printed explanations, aff )rd a complete description Pipe Manufacturing Co which acquired the property from
of the methods by which the spruce logs of the forest are the purchasers at the foreclosure sale. The American Pipe
converted by the company's processes into paper ready for Co. will manage the property under contract. V. 73, p. 85.
the printing prese.— V. 73, p. 845, 794.
Norfolk-Hampton Roads Co.— Bonds Offered.— Wilson,
International Salt Co.—Aeio President. — E. L. Fuller, Colston & Co. and J. Harmanus Fisher & Son, of Baltimore,
President of the Retsof Mining Co., has been elected Presi- Md., offer at 100 and accrued interest a limited amount of
dent of the International Salt Co., succeeding A. S. White. the company's total issue of $250,000 first mortgage 6 per cent
Mr. White, who was President of the National Salt Co., is gold bonds. These bonds are dated July 1, 1901, and are due
now chairman of the International Co.—V. 73, p. 1064, 902.
July 1, 1911, but are subject to call in whole or in part at any
Kansas City Stockyards Co.— Favorable Decision. —The interest period at 103 and interest on 60 day's notice; denomiUnited States Supreme Court on Nov. 25, reversing the de- nations $1,000 and $500; coupons payable January and July 1.
cision of the lower court, unanimously declared unconstitu- The firms named have already sold a large amount of these
tional the Act of the Kaneas Legislature of 1897, providing bonds. An advertisement says:
maximum rates (about half those then in force) to be charged The bonds are eeoured by a first mortgage upon about 1,900 aores of
by Kansas live -stock associations. The law is held to be in land, with riparian lights on Elizabeth Kiver, Hampton Roads and
oonflictjwith the 14th Amendment of the Constitution, in that Wllloughby Pay, situated in Norfolk County, Virginia, adjacent to the
city of Norfolk and opposite Newport News and >hl Point. The mortit applies only to this company and not to other concerns engage is at the rate of about $i:>5 per aore. Keal estate experts in
gaged in like business in the State. Upon the question Norfolk report that the property will bring at least $200 per aore at a
whether the statute would deprive the company of its prop- forced sale The capitalization of the oompany Is as folio we: Preferred
stock $283,900; common stook $l,266,c00; bonded debt $250,000.
erty without due process of law, six of the Justices do not Officers: President, Andrew D. Jones (of Woodward, Baldwin & Co.,
deem it nf cessary to express an opinion. After the lower Baltimore); Vloe-Pres. and Gi-n. Man., D. Lowenberjr, Norfolk; Treas-
—
W
,
—
<
courts decided against it the company moved the cattle busi
ness, except on the quarantine cattle, into Missouri and
charged the old rates.— V. 73, p. 348.
urer, Caldwell
Hardy, President Norfolk National Bank.
Pennsylvania ( Bell) Telephone Co. Dividend Increased
Consolidation. The company's dividend rate has been inKeystone Car Wheel Co. of Pittsburg.— Increase of Stock creased to 6 per cent, at which it is hoped to maintain it.
—This company, incorporated in June, 1900, has increased its The company has also absorbed by consolidation the Central
capital stock from $200,000 to $400,000.
Manufacturing was Pennsylvania Telephone & Supply Co. by merging the stock
Degun Sept. 17, 1900, and the capacitv of the plant, it was of that company into its own and issuing Pennsylvania Telephone certificates in exchange for those of the Central Pennsaid, would be 330 wheels a day.
Officers
C. V. Slocum,
President; W. W. Lobdell, Vice-President; L. B. Whitney, sylvania Te ephone & Supply Co. The authorized capital
stock of the consolidated company is $3,000,000 and the presTreasurer; J. H. Yardley, Secretary.
—
—
:
La Crosse (Wis.) Gas & Electric Co.— Consolidation —
This companv has been incorporated under the laws of Wisconsin with $600,000 authorized capital stock to consolidate
the lighting companies of La Crosse, Wis. Incorporators
:
William
Ian.
W.
William S. Cargill and George MacMil
The companies embraced in the consolidation, with
Cargill,
their reported capitalization, are stated as follows: La Crosse
Gaslight Co. (stock $150,000, bonds $125,000), the La Crosse
Brush Electric Light
Power Co. (stock $80,000) and the
Edison Electric Light
Power Co. (stock $150,000).
&
&
Lackawanna Iron & Steel Co.— Stock to be Held in Trust.
—All [or a majority y Ed.] of the oapital stock has been
ent outstanding capital is $1,864,400. A. R. Shellenberger
President and J. H. Crosman Jr Secretary and Treasurer.
Office, HarrisrJurg, Pa.— V. 73, p. 725.
Port Jervis(N. Y.) Electric Light, Power & Gas Co.
Consolidation. This company has been formed by consoliPower Co., the Deer Park
dation of the Port Jervis Light
Electric Light Co. and the Port Jervis Gas Co. Tne authorized capital stock is $100,000. The directors are:
Ralphs. Weaver, Benjamin Ryall and W. A. ParshaU, of Port Jer
eta; R. H. Beach, of East Orange, N. J., and C. R. Horn, of Oatais
,
—
T
&
sanqua. Pa.
O
p"
For
o t lie r
Investment N
em see Pace
1167.
THE CHRONICLE.
11(34
Imports
RIO
[Vol. LXXIII.
nnH Qotummts.
GRANDE WESTERN RAILWAY COMPANY.
ANNUAL REPORT -FOR THE YEAR ENDED JUNE
To the Stockholders of The Rio Grande Western Railway
Company:
The income of the Company during the fiscal year ended
June 30, 1901, including §50,400 31 interest on loans, etc.,
was $4,957,607 29, an increase of $123,709 67 compared with
tho previous year.
The gross receipts from operation were $4,907,206 98, being
an increase of $396.603 71. The operating expenses were
$3,228,23P 75. an increase of $507,229 06. The net earnings
from operation were $1,683,968 23, being $110,625 95 less than
for the previous fiscal year. The increase in gross receipts
from operation was 8*79 per cent, in expenses 18 68 per cent,
and the decrease in net earnings 6*16 per cent.
Alter providing for interest on funded debt, taxes, rentals
of leased lines, etc., and four quarterly dividends of \\i per
cent each, upon the Preferred Capital Stock, there remained
a surplus for credit to Profit and Loss from the year's operations Of
$380,31547
The charges direot to Profit and Lobs during the year
were as follows:
-
5 per cent dividend on Common Capital
Stook paid Aug. 31, 1900
$500.OCO 00
Betterments
50,000 00
InsuranoeFund
25,000 00
Contribution to sufferers from the explosion
in Winter Quarters Mine of Pleasant Valley Coal Company
19,000 00
Settlement of sundry items accruing prior to
July 1st, 1900
27,76867
621,768 67
Making a net decrease In Profit" and Loss account of... $241,4^3 20
For complete statement you are referred to General Profit
and Loss Account.
Freight revenues were $3,643,238 64, being an increase of
$248,566 08 over the previous year. Passenger revenues were
$1,066,383 53, an increase of $133,752 96. Express, Mails
and Miscellaneous were $197,584 81, an increase of $14,284 67.
The Operation Expenses were $3,223,238 75, an increase of
$507,229 66. The expenditures for Maintenance of Way and
Structures were about $127,000 00 more than the previous
year, of which $118,600 00 was in renewals of rails and ties.
The funded debt at close of the year was $27,476,600 00 out
of a t«tal issue thus far authorized of $28,200,00000, of which
$15,200,000 00 are First Trust Mortgage 4 per cent Bonds and
$12,276,600 00 First Consolidated Mortgage 4 per cent Bonds.
$10,000,000 00 of the First Consolidated Mortgage Bonds
have been sold for the purpose of acquiring securities of
other companies, for new equipment, and for expenditures
in extensions and betterments. $2,276,60100 of the First
Consolidated Mortgage Bonds remain in the Treasury of the
Company.
There were issued during the year $7,291,800 00 of First
Consolidated Mortgage Bonds, of which $6,000,000 00 were
to acquire the Capital Stock of the Utah Fuel Company
($10,00 ',000 00-full issue), $1,000,000 00 to provide for ex-
penditures for new equipment and betterments, and $291,800 00 for construction of the following extensions:
92 miles. Belknap to Marysvale, Bevlor Ry
miles, 12th South Street LlDe, Salt Lake
2-42 miles, Potters Gray BtODe Quarry 8pur
325
$291,800 00
11 59 miles
For improvements and additions to the property there
were expended during the year on account of bridges,
buildings, fences, spurs, sidings, water plants, rights of wav,
etc., $310,670 27, and for new equipment $280,253 30, making
a total of $590,923.57, which was charged to Capital Account. Detailed information will be found on page 17 in
pamphlet.
1,546 tons of new 75-pound steel rails were laid during the
year, releasing 65-pound rails which were used in replacing
lighter rails on branches where they were inadequate for
the
traffic.
The equipment was increased during the year by the ad11 Locomotives, 50 Steel Coal Cars with hopper
bottoms, 9 Passenger cars, 1 Dining car, 2 Caboose cars and
1 Construction car, all of which were charged to Capital Account except 13 of the Steel Coal cars, which were paid for
out of the construction fund of the Carbon County Railway
Company, the securities of which are owned by this Company.
There have been received and put into service in addition
to the above: 20 locomotives, 100 steel flat cars, 100 box
dition of
cars, 100 steel coal cars, 100 steel under-frame box cars, 50
stock cars, 1 dining car, 2 baggage cars and 51 ballast cars,
payment for which has been made since the close of the
fiscal year.
The mileage of road operated on June 30, 1901. was 662-26
miles, exclusive of 9-35 miles of narrow-gauge tramways in
disuse, being an increase over the previons year of 25*43
detailed statement is submitted on page 27 in
miles.
A
pamphlet.
There were securities of controlled railway companies and
of the Western Express Company in the Treasury on June
30, 1901, amounting to $1,385,500.00 at par value, but appearing on the books at $291,368.10. There are also bonds and
stocks of branch lines and of the Utah Fuel Company,
amounting to $16,423,000.00 at par, deposited with the Morton Trust Company, Trustee, as collateral for the First Consolidated Mortgage bonds. A statement in detail is submitted on page 11.
For further information you are respectfully referred to
the tables and statistics accompanying this report.
By
order of the Board of Directors.
E. T.
.
I. 829,216
I. 48,639
30, 1903,
AND JUNE
Capital Stock—
J.
18th, 1901.
30, 1901.
LIABILITIES.
June 30, 1900. June 30, 1901.
$
Common
10.000,000
7,500,000
10,000,000
7,500,000
17,500,000
17.500.000
15,200,000
15,200,000
Preferred
Total Capital Stock
I.
JEFFERY,
President.
Denver, Colorado, November
'
Cost of Road and Equipment... 30,553,024 31,382,240
Improvements on Leased Lines..
293,413
347,052
Bovlno Stook Yards
8,810
8,810
Spur to Sugar Works, Grand
Junction
2,505
2,842
Securities of Branch Lines and
of the Utah Fuel Oo
3,388,885
9,477,064
Rio Grande Western Ry. Co.
First Consolidated Mortgage
4% Bonds in the Treasury
2,484,800
2,276,600
Utah Central RR. Co. First Mortgage 4% Bonds in the Treasury
260^000
260,000
$178,400 00
65.000 00
48,400 00
8
CONDEST8ED COMPARATIVE BALANCE SHEET JUNE
ASSETS.
June 30, 1900. June 30, 1901. Inc.or Dec.
$
$
$
30, 1001.
Inc.or Dee.
S
.'"!.'".*
387
6,088,178
D. 208,200
Funded Debt—
1st Trust Mtge. 4?6 Bonds
1st Consolidated Mortgage
Bonds, Series "A"
4%
12,276,600
20,184.800
27,476,600
7,291.800
209.470
190,128
104.627
138.219
182,360
5,815
Total F»nded Debt
4,984,800
J.
7,291,800
-
Securities of Controlled Railway
Companies and of the Western
Express Oo. at nominal value.
Cash
Agents and Conductors....
U.S. Government
Materials and Supplies
Individuals and Companies
Sundries
Vouchers
27,110
2,736,954
118,932
139,849
380,280
136,919
3,262
31,368
1,933,077
31,395
165,064
340,749
184,251
3,262
4,258
D. 803,878
D. 87,537
I. 25,215
D. 39,531
J. 47,833
J.
Pay
Rolls
TratHo Balances
Bills
Payable
Dlvs. on Pref. Capital Stock....
Accrued Taxes
1st Trust Mortgage 4% Bond
Coupons due July 1st, 1901...
1st Consolidated Mortgage 4%
Bond Coupons due and unpaid
1st Consolidated Mortgage 4%
Bond int. acorued but not due..
Unexchanged Bonds
Utah Central RR. Co 1st Mtge.
1,000.000
93,713
67,130
71,662
D. 71,251
D. 7,768
D. 98,813
D. 1,000,000
D. 93,713
2.4,583
311,203
301,973
D. 9,230
25,000
Interest on
4% Bond, interest accrued but
not due
Insurance & Other Reserve Fds.
Total Liabilities
7.2,240
2,240
100,000
67
3,900
193,141
3,900
245,760
39,883,111
46,028.596
I.
I.
75,000
I. 67
I.
52,619
6,145,485
By
Profit and Loss to Balance,
being excess of Assets over all
Liabilities
Total Assets
40,539,743
46,443,774
J.
5,904.031
TOTAL
656,632
415,178
40.539,743
46,443.774
D. 241,452
I.
5.904,031
November
THE CHKONICLK
30, 1901.
SUMMARY OF FINANCIAL OPERATIONS OF THE
WESTERN RAILWAY COMPANY,
Fhom JC5E
30, 1900,
Resources
to lie
Its
Income
Earnings—
Mort
$208,200 CO
gage 4% Bonds in tue Treasury
Cash
AKents and Conductors
Materials and Supplies
803.377*6
87,536 86
39,58104
$1,139,145 16
Total Decrease of Assets
Increase of Liabilities—
$7.'<JU1,800
First Consolidated Mortgage 4% Bonds, Series "A"
4,532
Aoorue.l Tuxes
2,240
First Consul. Mtge 4% Bond Coupons due and unpaid..
75,000
First Cons. Mtge. 496 Bond Interest acorued but not due.
66
Interest on Unexchanged Bonds
52,618
Insurance and Other Reserve funds
00
7ft
00
00
07
93
TotalJInorease of "Liabilities
$7,426,258 35
Grand Total
$8,665,403 81
This
sum
to J»e
acoounted for
25,214 88
47,332 78
$7,048,176 77
Total Increase of Assets
Decrease of liabilities—
Pay Rolls
Traffic Balances
Bills Payable
Dividends on Preferred Capital Stock
First Trust Mtge. 4% Bond Coupons due July
1,
1,000.000 00
93,712 50
1901...
9,229 67
$1,280,773 84
Total Decrease of Liabilities
Decrease of Profit and Loss—
$656,631 63
and Loss,
415,178 43
30, 1901
Grand Total aocounted
In Trbasory.
No.
260 Utah Central RR. Co. First Mortgage 4% Bonds....
10005 Shares Western Express Co. Capital Stook
510 Shares Duchesne Railway Oo. Capital Stook
330 Shares Carbon Co. Rail * ay Co. Capital Stock
410 Shares Castle Valley Railway Oo. Capital Stook...
i
Rio Grande Western Ry. Co. First Consol. Mortg
Bonds
2,276,600
Total in the Treasury
$3,662,100
Deposited with The Morton Trust Co., Trustee.
1301 Tlntio Range Railway Co. 5% Bonds
$1,301,000
1772 Sevier Railway Co, 5% Bonds
1,772,000
5204 Shares Tin tic Range Ry. Co. Pref Capital Stock.
520,400
7806 8bares Tlntio Range Ry. Co. Com. Capital Stock...
780,600
.
6196
9294
2500
2500
100000
Maintenance
. .
Sevier Ry. Co. Preferred Capital Stook
619,600
Sevier Ry. Co. Common Capital Stook
929,400
Utah Cent. RR. Co. Common Capital 8:ook.
250,000
Utah East. Ry. Co. Common Capital Stook.
250,000
Utah Fuel Co. Common Capital Stock
10,0; 0,000
Shares
Shares
Bhares
Shares
Shares
$
of
J.
188,300 14
4,907,206 98 4,510,603 27
248,566 08
133,752 96
I.
/.
Total with Morton Trust
14,284 67
7.396.603 71
Way and
833,394 88
706,490 75 7.126.904 13
489,58193 /. 134.278 50
Maintenance of Equipment.. 623,860 52
Conducting Transportation.. 1,572,302 65 1,359,685 08 /. 212,617 57
193,680 70
160,25133
7.33.429 37
General Expenses
Structures
Total Expenses
3,223,238 75 2,716,009 09
65*68
6021
Percentage of Operation
t07,229 66
7.
1,683,968 23 1,794,594 18 D. 110.625 95
Net Earnings
For the Fiscal Year Ended June
30, 1901.
Gross Earnings from Operation
Operating Expenses
$4,907,206 98
3,223,238 75
65-68
Percentage of Operation.
Net Earnings from Operation
Add Income from Interest on Loans, eto
$1,683,968 23
50,400 31
Total Net Inoome
Less Interest on Funded Debt
$1,734,368 64
$798,511 11
Taxes..
•125 520 42
Rentai'ofLeasedLlnes.".".""!."."!!".".".".""
48/382 90
•
972,414 43
Surplus for the Year
Being a deorease of $200,590 19 from previous year,
and out of which there were deolared four quarterly
dividends of
per oent each on the Preferred Capi-
$761,954 11
m
tal Stock, viz.:
27,
28,
29,
80,
payable Nov. 1, 1900
$93,715
payable Feb. 1, 1901
93,720
payable May 1, 1901
93,721
payable Aug. 1, 1901..... 93,731
00
00
25
25
$374,887 50
in-
curred In oonneotlon with the issue of
First Consolidated Mortgage Bonds
6,751 14
381,638 64
Oo
Grand Total
Remaining Surplus carried
to credit of Profit
(Adjustments therein Jane 30,11900, to June 30, 1901.)
Dr.
$656,631 63
30, 1900
for the year
ended June 30,
1901, as per Income Aooount
To 5 Per Cent cash dividend on the Common Capital Stook paid August 31, 1900. $500,000 00
To Amount oharged to Profit and Loss as
per resolution of Board of Directors Aug.
9,
380,315 47
1900, as follows:
Betterments
Insurance Fund....
Contribution
$50,000 00
25,000 00
to sufferers
from the explosion in Winter Quarters
mine of Pleas-
ant Valley Coal Oo
19,000 00
To Ad j ustments and Settlements during the
year to the debit of Profit and Loss dlreot
To Balance
94,000 00
27,768 67
415,178 43
$1,036,947 10 $1,036,947 10
By Balance
at Credit of Profit and Loss
June30,1901,seeCompar. BalanceSheet
KANSAS CITY FORT SCOTT & MEMPHIS RAILWAY
(ST.
Or.
By Balance June
By Surplus
$16,423,000
$20,085,100
$^80,315 47
and Loss..
GENERAL PROFIT AND LOSS ACCOUNT.
$260,000
1,000,500
51,000
33,000
41,000
$1,385,500
,
Inc. or Dec.
$8,565,403 81
for
STATEMENT OF SECURITIES OWNED BY THE COMPANY
JUNE 30, 1901.
;
197.584 81
Total Earnings
Expenses -
Revenue stamps and other expenses
241,453 20
Decrease for the year
2276'
and Rents
No.
No.
No.
No.
(As per Comparative Balance Sheet.)
of Profit and Loss,
By Balance at Credit
June 30, 1900
June
1899 00.
Freight
3,643,238 64 3,394,672 56
1'a-senger
1,066,383 53
932,630 57
Miscellaneous
Express, Mulls,
$71,250 62
7,768 48
98,812 57
Vouchers
Profit
1801,
INCOME ACCOUNT
U. 8. Government
Individuals and Companies
at Credit of
$0,
1000.
%
is'acoounted for^as follows:
Increase of Assets—
$829,216 26
Cost of Roadand Equipment
48,631) 43
Improvements on Leased Lines
337 27
Spur to Sugar Works. Grand Junction
6,098,178 25
Securities of Branoh Lines and of the Utah Fuel Oo
Securities of controlled Railway Companies and of the
4,257 90
Western Express Co. at nominal value
By Balance
i,
190"01.
Accounted For Thus:
First Consolidated
FOR tuk Fisi Ai. Yi.au Km
Jim.
Compared with Year Boded Jane 30,
i
to Junk 30, 1901, Outside or
Account.
Decrease oi Assets—
Bio Grande Western Ry. Oo.
STATEMENT OF EARN;
GRANDE
RI3
1105
$415,178 43
CO.
LOUIS & SAN FRANCISCO RAILROAD COMPANY, LESSEE.)
FOUR PER CENT REFUNDING MORTGAGE GUARANTEED GOLD BONDS.
TRUST CERTIFICATES FOR FOUR PER CENT GUARANTEED PREFERRED STOCK.
APPLICATION TO LIST ON
NEW YORK STOCK EXCHANGE.
New Y»rk, November 22, 1901.
The Kansas City Fort Scott & Memphis Railway ompany
has been organized under the general laws of' the State of
Kansas to construct, maintain and operate a line of railroad
in
that State extending from Oswego to or near
The present mileage
of the Railway
<
Jacques Junction. A copy of the charter is submitted herewith. Part of this line of railroad has been constructed and
is hvoperation, and the Company has also acquired by direct conveyance the principal main lines of the Kansas City
Fort Scott & Memphis Railroad Company, and the line from
Miami to Afton, in the Indian Territory, recently completed, of the Kansas City Fort Scott & Memphis Railway
Company (of Oklahoma).
The Railway Company has an authorized Capital £tock of
$60,000,000, of which $13,000,000 is Four per Cent non-cumulative Preferred Stock and $45,000,000 is Common Stock. Of
the authorized Capital Stook, there have been issued l-!~>,1C0 shares of Preferred ir-tock of the par value of §100 each
($13,510,000) and 150,000 shares of Common Stock of the par
value of $100 each ($15,000,000).
Company
is
as follows.
Owned.
Miles
1>
Kansas Olty
to Arcadia
Springfield to Memphis
Linton, Kan., to Carbon Centre, Mo
Washburn. Kan., to Webb Cliy. Mo
Aroadla, Kan., to Cherrvvale. Kan
Weir City Junction to Weir City, Kan
Greenfield. Mo., to Aurora. Mo
T°,2
9
282
25 Z
£°'1Z
50
„
-S'si
vZ'xZ
13-07
Kan to Miami, I T
ixotierville. Ark., to Luxora, Ark
Willow Springs, Mo., to Grandin,
Baxter,
.
go- 30
Mo
81JJ5
75270
Owned
Operated.
Traokage, Arcadia, Kan., to Sprlnstleld,
Total
The Railwav Company
Mo
8500
--
has also acquired
837-70
from the Kansas
City Fort Scott & Memphis Railroad Company tlie holding's of that Company in the stock of the Kansas City &
THK CHRONICLE.
1166
& Bridge Company owning the railway
bridge across the Mississippi River at Memphis, Tenn., (2*85
Birmmiles), and in the stock of the Kansas City Memphis
ingham Railroad Company owning the line of railroad from
Memphis, Tenn., to Birmingham, Ala. (976*57 miles.)
The Railway Company, in pursuance of proper action and
authorization of its Board of Directors and its Stockholders
has executed and delivered its Refunding Mortgage, dated
August 2:?, 1901, to secure $60,000,000 of Refunding Mortgage
Gold Bonds bearing interest at not exceeding Four per Cent
per annum.
The bonds are in coupon and in registered form, and
mature October 1 1 936. The Coupon Bonds are dated August
Principal and interest are payable in gold coin of
23, 1901.
the United States of America, of or equal to the present
standard of weight and fineness, without deduction for any
tax or taxes which the Railway Company may be required
to pay thereon or retain therefrom by any present or future
law of the United States, or of any State, County or MuniciMemphis Railway
&
,
pality thereof.
The Coupon Bonds are in the denomination of $1,000, with
right of registration as to principal. The Registered Bonds
are in denominations of $1,000, $~>,000 and $10,000. The
Coupon Bonds and Registered Bonds are exchangeable one
for the other, as provided in the Refunding Mortgage.
Interest on the bonds is payable semi-annually on the first
days of April and October at the office or agency of the
Company in the City of New York. The bonds are not redeemable prior to maturity. The bonds have been duly
stamped according to law. The Trustees of the Mortgage
are The Mercantile Trust Company (New York) and William
H. Thompson (St. Louis). The Transfer Agent for the
Registered Bonds is The Mercantile Trust Company (New
York), and the place of transfer is 120 Broadway.
The total authorized issue of the Refunding Bonds is $60,Of these, $11,650,000 bonds, bearing interest at the
000,000.
rate of Four per Cent per annum, have been executed by
the Railway Company, certified by The Mercantile Trust
Company and issued, and are now outstanding.
The bonds are reserved under the Refunding Mortgage for
issue for the following purposes:
To
retire or take up outstanding issues of bonds and for refunding purposes (any surplus to be available for betterments, additional lines, extension*, etc.)
$34,025,770
For improvements, betterments, new equipment, etc., at
the cumulative rate of $600,000 per year
5,000,000
For additional lines, extensions, etc, at actual cash cost
not exceeding (incl. underlying liens) $22,500 per mile..
9.324,230
Executed by the Company and outstanding
11,650,000
$60,000,000
The Refunding Mortgage covers, subject to existing liens.
the Railway Company's lines of railroad, equipment and
all
property, including shares of stock and bonds of auxiliary
and controlled, and of affiliated railroad corporations owned
by the Railway Company at the time of the execution and
delivery of the Refunding Mortgage, or which might thereafter be acquired by the use of any of the Refunding Bonds
or their proceeds.
The Mortgage also provides for the deposit with The Mercantile Trust Company of all underlying bonds that may be
received in exchange for new Refunding Mortgage Bonds,
such depos'ted bonds to be held by the Trustees under the
Refunding Mortgage, without impairment of lien, as additional security for the Refunding Mortgage, unless and until
canceled at the request of the Railway Company, pursuant
to the provisions of the Mortgage.
The following is a list, at August 23, 1901, of the various
underlying bonds secured by Mortgage on the lines of railroad and equipment of the Railway Company, and of the
various bonds secured by Mortgage on the lines of railroad
and equipment of the Kansas City Memphis
Birmingham
Railroad Company, and on the bridge of the Kansas City &
Memphis Railway & Bridge Company across the Mississippi
River.
&
THE KANSAS CITY FORT SCOTT & MEMrHiS RAILWAY
Amount
Name—
CO.
Rate of
Outstand'g. Interest.
Kansas City Fort. Scott & Gulf RR.
$2,151, POO
Co. First Mortgage
Short Creek & Joplln RR. Co
6,000
Memphis Kansas & Colorado Ry. Co. 402,000
Maturity.
[Tol. LXXIII.
The mortgaged
lines of railroad, by lease, B copy of which
submitted herewith, have, subject to existing lions and to
the Refunding Mortgage, been leased to the St. Louis &
San Francisco Railroad Company for the term of ninetynine years with covenants for renewal, the lessee agreeing,
as part of the annual rental, to pay the inter- st on the Refunding Mortgage Bonds issued or with the consent of the
lessee to be issued, and an amount equal to Four per Cent
of the par amount of the Preferred Stock of the lessor issued or with the consent of the lessee to be issued, payable
quarterly, on each first day of January, April, July and
October, beginning on the first day of January, 1902, to the
holders of the Preferred Stock of the lessor. In accordance
with the provisions of the lease, the St. Louis & San Francisco Railroad Company has guaranteed, by endorsement of
each of the Refunding Bonds, the payment of the principal
and interest thereof, the form of guaranty being as follows:
is
For value received, the St. Louis & 8an Francisco Railroad Company
hereby guarantees the punotual payment of the principal and interest
of the within bond of the Kansas City Fort Scott <fe Memphis Railway
Company at the times and in the manner therein specified.
In witness whereof the St. Louis & San Francisco Railroad Company has oaused its corporate seal to be hereunto affixed and
this guaranty to beslgnedby one of its Vice-Presidents and by its
Seoretary, or an Assistant Secretary, the 23d day of August, 1901.
ST.
LOUIS & SAN FRANCISCO RAILROAD COMPANY.
By
.,
Secretary.
,
Vice-President.
For the purpose of acquiring the outstanding Preferred
Stock of the Railway Company, the St. Louis & San Francisco Railroad Company has authorized an issue of Stock
Trust Certificates, limited to the par amount of $15,000,000,
entitling the holders to the payment of dividends thereon,
quarterly, of One per Cent, on the first day of each January,
April, July and October, beginning on the first day of January, 1902, and redeemable by the St. Louis & San Francisco
Railroad Company at par at any time on thirty days' notice,
and pajable in twenty years. The Stock Trust Certificates
are issued against the deposit with The Mercantile Trust
Company of said Four per Cent Guaranteed Preferred
Stock of the Railway Company, to an equal par amount, and
have been so is^ueri to the par amount of $13,510,000, all of
which are outstanding.
The Transfer Agency of the Stock Trust Certificates is
The Mercantile Trust Company, 120 Broadway; the Registrar of Transfers is Continental Trust Company of the City
of New York, No. 30 Broad street.
The following is a statement of the Income Account of
Memphis Railroad Company
the Kansas City Fort Scott
for the fiscal year ending June 30, 1901:
&
$6,279,980 45
3,718,315 66
Gross earnings from operations
Less operating expenses
$2,561,664 79
23,051 61
Net earnings from operation
Add miscellaneous interest
$2,584,716 40
Total net income
Less interest on Funded Debt
Kansas City Fort Soott & Memnhis RR.
Co. Consolidated Mortgage 6 per Cent.
Kansas City Fort Scott & Gulf RR. Co
First Mortgage Seven per Cent
Fort Scott Southeastern & Memphis RR.
Co. First Mortgage Seven per Cent
Short Creek & Joplin RR. Co. First Mortgage Seven per Cent
Memphis Kansas & Colorado RR. Co.
$820,414 02
150,612 00
39,970 00
34,410 00
First Mortgage 8even percent
Kan. <fe Missouri RR. Co. 1st Mort. 5 p.o.
The Kan»as Equipment Co. 5 per Cent.
Fort Scott Equipment Co. Six per Cent.The Ozark Equipment Co Five per Cent
Notes given for equipment
6,530 00
19,500 00
38.050 00
17,940 00
22,120 18
3,275 50
.
Taxes.
TrafBo contract, Kansas
& Birmingham RR Co
$1,152,901 70
195,812 74
Memphis
City
32,55139
Sinking Fund oharges—
The Kansas Equipment Oo. .$12,000 00
Fort Soott Equipment Co
33,000 00
65.200 00
The Ozark Equipment Co
Equipment not«s
7,320 00
Mortgages— Kan. City Ft. Soott
& Gulf RR. Co. leased lines. 18,000 00
.
135,520 00
7%
June!, 1908
7%
Sept. 1, 1910
Total
$1,516,785 83
"
7%
1,516,785 83
Fort Scott Southeastern & Memphis
RR. Co
173.000
7%
Surplus
$1,067,930 57
Kansas & Missouri RR. Co
390,000
Aug. 1, 1922
5%
Out of which were paid deficits of Kansas
Kansas City Fort Scott & Memphis
City Clinton & Sprlrjgiie.d tfy. Co. and
RR. Co. Consolidated Mtge
....13,736,000
6%
May 1,1928
Current River RR. Co.'s earnings to meet
Current River RR. Co. First Mtge... l,60t>,0i'0
5%
Oct. 1.1927
their bonrtet interest for the year— prlnThe Kansas Equipment Co
582,000
6%
Jan 1,1905
eips)l and interest on their bonds are
Fort Scott Equipment Co
266,000
(!%
July 1, 1909
guaranteed by the Kansas. City Fort
Ozark Equipment Co., 1st Series
360,000
5%
May 1, 1910
"
" 2d Series
Soott & Memphis RR. Co.
"
584.000
Nov.,
5%
1910
Kansas Cltv Clinton & Springfield Ry. Co
$45,133 65
KANSAS CITY MEMPHIS & BIRMINGHAM RAILROAD CO.
••
'•
Amount
Name—
Outstand'g.
Kansas City Memphis & Birmingham RR. Co. General Mortgage.. .$3,323,390
Kansas City Memphis & Birmingham RR.
Income Bonds
Birmingham Equipment Co
Memphis Equipment Co
Co.
6,322,780
913,000
120,000
Current River RR. Co
Rate of
Interest.
4%
5%
6%
6%
Maturity.
Mar.
"
Mar.
Aug.
KANSAS CITY & MEMPHIS RAILWAY & BRIDGE
Name—
First Mortgage
Total
Amount
$33,889,770
1934
«<
1,
1,
1903
1905
5%
. .
1,
680,560 37
$389,237 61
$75,279 38
Certain unavailable assets of
questionable value, lessoredlts 77,496 23
—
Maturity.
Oct.
$64,656 37
219,98 1 00
395,920 00
$387,370 20
Net surplus
Surplus June 30, 1900
Less amount credited Improve-
ment Fund
CO.
Rate of
Outstand'g. Interest.
$2,864,000
1,
19,522 72
Dividends - Preferred Stock, Eight p. c. .
Dividends-Common Stock, Four p. c. .
1929
Surplus June SO, 1901
152,775 61
236,461 90
$623,822 10
November
1HE CHRONICLE.
30, 1901.]
$1,036,904 94
624,536 87
Gross earnings
operating expenses
Net earnings
Add
$112,363 07
1,828 63
-.
miscellaneous Interest
Company as to the validity or thn stocks and Refunding Mortgage Bonds of the Company, as well as of the Befunllm.- Mortgage
nun of the stook Trust Oertlfloates. Oertlfloate or Th« Mercantile
Trust Company acknowledging the aecipiauoe of the trust and giving
the numbers of the bonds executed In aooordanoe wltli Ulfl trims of
the Mortgage. Sample copies of Coupon Hunts, Registered Bonds
aud Stock Trust Certificates. Certified copv or the Articles of Incorporation. Copy of the By-I.aws. Copy of the Lease to the Ht. Louis
of this
statement of the income aooount of
The Kansas City Fort Soott & Memphis Railway Company
fur the period of two months ending August 81, T.'Ol:
l?he following is a
1,638
h
Stiu
Franolsoo Railroad Company.
LOUIS & 8AN FRANCISCO RAILROAD COMPANY.
ST.
Total netlnoome
Leas— Interest on funded debt. .$206,941 25
10,000 00
Credit Aroadla Line Interest
$414,196 60
Trartio contract Kansas City Memphis
Birmingham RH. Co
Rental of traoks and terminals
&
$196,941 25
34,983 73
admitted to the list, viz: $11,650,000 Four
Cent Refunding Mortgage Guaranteed Gold Coupon Bonds
|
1,673 01
237,139 69
$177,056 91
9.736 52
$167,820 3?
KANSAS CITY
FORI' SCOTT
& MEMPHIS RAILWAY COMPANY.
Balance Suekt as of Date September
ASSETS.
80
52
76
55
96
80
00
70
00
8tf
98
"
"
521,84106
"
"
21,443 70
58,886 82
354,552 59
companies and Individuals.
Dnlted States Government
Unadjusted aooounts
Supplies on hand
Trustees*
First Mortgage,' Kansas City Fort Scott & Guir RR. Co.
Leased lines— mortgages
The Kansas Equipment Co
Fort Scott Equipment Co
Sinking Fund charges— two months— to August 31,1901
18,902 72
551,696 13
173,604 33
33,383 12
25,220 00
$73,221,2^6 49
LIABILITIES.
Capital Siook, Preferred Four per Cent
"
"
Common
$13,510,000 00
15,000,000 00
Funded Debt—
11,650,000 00
Refunding Mort. Gold Bonds Four per Cent
Bonds, Consolidated Mortgage Six per Cent Kansas
13,736,000 00
City Fort Scott & Memphis RR. Company...
Bonds, constituent companies Kansas City Fort Soott
3,^98,600 00
<fc Me nvmls RR. Company
761,000 06
Bonds, The KtnRas Equip. Co. Five per Cent.
Fort Soott Equip. Co. Six per Cent
299,000 00
"
Ozark Equipmeut Co. Five per Cent
576,000 00
"
First Mort. Current River RR. Co
1,606,000 00
Equipment notes
65,610 00
Securities held in trust by The Mercantile Trust ComYork,
Trustee. Seecontra
pany of New
9,027,600 00
Cukrent Liabilities—
vouchers
and
pay
rolls
653,^30 77
Audited
Bills and aooounts payable
155,000 00
Due to oompanies and individuals
57,007 06
Interest on bonds, due and unpaid
11,504 00
Interest on bonds, accrued (not due)
407,730 16
Taxes accrued (notdue)
129,230 9^
Dividends, due and unpaid
28 00
Sinking Fund—
Kansas City Fort Soott & Gulf RR. Co., leased liues....
551,696 13
The Kansas Equipment Company
181,604 33
Fort Soott Equipment Company
74,633 12
Ozark Equipment Company
90,300 00
Equipment notes
15,820 00
Destroyed equipment replacement fund
16,756 73
Destroyed bullaings fund
4,239 69
General improvement fund
120,895 05
Land receipts, net two months
1,408 80
Land lnoome aooount
18,902 72
Surplus two months to August 31, 1901
177,056 91
Profit and loss
623,832 10
$73,221,286 49
The Board
of Directors of the Company is constituted as
R. R. Vermilion, Wichita, Kansas
V. J. Lane,
Kansas City, Kansas E. M. Smith, Kansas City, Kansas
Corwin H. Spencer, James Campbell, Murray Carleton,
Henry S. Priest, St. Louis, Mo.
The Officers of the Company are as follows
Murray
Carleton, President James Campbell, W. H. Sheldon, S. A.
Hughes and R. T. Booth, Vice-Presidents
Corwin H.
Spencer, Secretary; F. H. Hamilton, E. B. Findlow and T.
D. Heed. Assistant Secretaries ; Corwin H. Spencer, Treasurer F.
Hamilton, Assistant Treasurer.
Application is herewith made to list $11,650,000 of Coupon
Bonds bearing Four per Cent interest and also such Registered Bonds as may be issued in exchange for Coupon Bonds.
Application is also made to list $13,510,000 Stock Trust
Certificates for Four per Cent Guaranteed Preferred Stock
of this Company.
The Coupon Bonds, for which application to list is now
made, are numbered as follows : 1 to 11,650 inclusive.
;
;
;
:
;
;
;
Guaranteed Preferred Stock.
Adopted by the Governing Committee November
27, 1901.
—
$54,529.187
6,063,799
Equipment
677,349
Securities owned
292.23 7
Deokerville Osoeola & Northern RR. property aooount.
39,062
Mlueral Belt RR traoks
45,263
Improvement aooounts
The Mercantile Trust Co. of New York— Capital Stock
and Bands in trust under the Kansas City Fort Soott
A Memphis Ry. Refunding Mortgage Four per Cent
9,027,600
Bonds— See Contra
Current assets:
526,483
Cash In treasury
15,000
Bills and aooounts receivable
199,613
Due from agents and conductors
"
" railroad companies aooount trarllo
43,156
:
Of 1036, for $1,000 each, Nos. 1 to 11,650, inclusive (and Regitered Bonds in the denominations of $1,000, $5,000 and $10,000 into which said Coupon Bonds may be converted), the
Registered Bonds are re-convertible into Coupon Bonds;
also $13,510,000 Stock Trust Certificates for Four per Cent
1901.
1,
Franchises and property
follows
Assistant Sen etury.
securities be
3,54167
Surplus July an ^ August, 1901
Less guaranteed Interest
By FREDERICK STEAL'S,
The Committee recommended that the above-described
.
Taxes
1167
H
The Registered Bonds will be numbered from 1 upwards.
The $1,000 bonds will have no letter before the number.
The $5,000 bonds will have the letter V before the number,
and the $10,000 bonds the letter X.
Herewith are submitted
:
Copies of the Refunding Mortgage, including one oertlfled bv The
Mercantile Trust C jmpany to be a true copy of the original, on which
the certificates of reoord are properly endorsed. Opinion of Counsel
Dulted States Envelope Co.— Dividend Not Declared.
circular to the shareholders says in substance:
Your din-dors have omitted to vote the declaration of the dividend
on the preferred shares which. If quarterly payments were to continue, would have been declared to-day and made payable Deo. 1,
1901. Your board believe that It is wise to decide upon the question
of a dividend after the taking of inventory. Jan. 1, 1902; and
perhaps hereafter declare dividends semi-annually as the by-laws and
preferred stock certificates provi le; rather than quarterly, as has been
the practice.
The notes covering the purchase prloe of the toilet paper or tissue
business obtained of the Morgan Company, whloh your company was
obligated to take over under oontraot (oouosel advising that the contract is binding) have been largely reduced. This oontraot was agreed
to while the promoters were the offioers'of this company, and of the
existence thereof none of the present officers, exoept the parties at luterest, had a knowledge. The oontraot having been thus agreed to,
this oompany carried out Its obligation by giving the notes hereinbefore mentioned; and these notes neoessitite the position herein taken.
Until these notes are paid the oompany has this indebtedness to meet
in partial payments provided for by the notes. Your oompany has no
indebtedness other than its bonds, the notes payable above mentioned,
and Its current bills.
The Springfield "Republican" says that the purchase price
of the Morgan business here mentioned was $500,000; that
$100,000 of this was paid in cash on Jin. 1, 1900, and that
These notes fall due $25,notes were given for the balance.
000 every three months, and have been regularly paid, leaving
only $200,000 outstanding after payment of the $25,000 due
Jan.
1,
1902. -V. 70, p. 685.
United States Steel Corporation.— Underwriting Funds
P. Morgan & Co., managers of the syndicate
which underwrote the plan for organizing the company, returned to the members of the syndicate on Wednesday the
R -.turned. —J.
that was paid in when the syndicate was
formed, this amount being 12}^ per cent of the $200,000,000
subscribed, the balance not having been called for. The
syndicate has not been dissolved and the profits from the
underwriting, which are believed to have been large, have
yet to be distributed. The syndicate agreement was for fifteen months from March last, but it may be terminated at
any time, at the option of the managers.— V. 73, p. 725, 722,
$25,000,000
i
631.
Wilmington Coal Gas Co.— See "Wilmington Gas & Electric
below.— V. 73, p. 681, 622.
Wilmington (Del.) Was & Electric Co.— Consolidation.—
Co.
This company, with capital stock ot $500,000, has been
formed, under the laws of Delaware, by consolidation of the
Wilmington Coal Gas Co. and the Universal Conduit Light,
Heat
&
Power Co.
—Redmond, Kerr & Co.'s foreign exchange department
has issued a neat folder showing reduced specimens of their
letters of credit for traveler*.
Tneir domestic credits, in
dollars, meant for use on the Western Hemisphere, and embodying the advantages of sterling letters of credit adapted
for America, are also useful for commercial travelers in the
United States, and for winter travel to Florida, the West
Indies, California and Mexico.
Their foreign letters of
credit in sterling, available all the world over, are at this
season particularly well adapted for use, epecially in Southern
France, Switzerland, Italy, Egypt and the Nile, Canary
Islands, &c. An illustrated descriptive pamphlet will be
mailed on request.
— Attention
Morristown Trust
column.
This company pays three per cent interest on accounts, subject
to check, and exercises all the various functions of a trust
company. It will be noticed that some of the best known
names in tie financial world are on the board of directors.
is
called to the card of the
Co., Morristown, N. J.,
—The
which is published
in another
Americo-British auditor's certificate has just
been issued in London. It is attached to the report of the
Metropolitan District Electric Traction Company, Limited,
operating under "The Companies' Acts" of Great Britain,
and is signed by Haskins & Sells, certified public accountants
under the Laws of the State of New York.
first
THB CHRONICLE
1168
35Iue
(&ommzxtml
[Vol. LXXIII.
COTTON.
'Qxmzs.
Fbidat Night, November
COMMERCIAL EPITOME.
29, 1901.
The Movement of the Cbop, as Indicated by our telegrams
from the South to-night, is given below. For the week ending
evening the total reoeipts have reached 321,431 bales,
this
Friday Night, Nov. 29, 1901.
against 823,059 bales last week and 330,004 bales the previous
The condition of business has been quite generally reported week, making the total reoeipts since the 1st of Sept., 1901.
3,387,010 bales, against 3,362,016 bales for the same period of
as good. The distribution of merchandise in the way of de1900, showing an inoreaaesinoe Sept. 1, 1901, of 24,124 bales.
on outstanding contracts has been on a fairly liberal
With, however, the close of the year and the holiday
season approaching, new business in many lines is beginning
to feel their it flue nee, and a temporary halt in the placing of
orders has been noticeable. Holiday goods, on the other
hand, have had an unusually active sale, merohants reporting
that they are having one of the most active seasons in many
years. Iron bas continued active, good sales beiDg reported
of supplies for delivery during first half of 1902. A feature
in the metal market has been a corner in pig tin for November delivery.
Lard on the epot has advanced sharply on limited offerings, but demand has been light, buyers generally holding
off. The close was firm but quiet at 9'90c. for prime Western
and 9@9-25c. for prime City. Refined lard has advanced in
sympathy with the rise in values for the raw product. Demand, however, has been light and the close was quiet at
liveries
scale.
10c. for refined for the Continent.
Speculation in lard for
future delivery has been fairly active and prices have advanced on buying by shorts to cover contracts, stimulated by
the light weight of hogs being received. The close was firm.
DAILY 0LO8INQ PRICKS OF LARD FUTURES.
Sat.
Mon. Tues. Wed. Thuri.
912
November.
952
947
972
Fri
9 95
Hoi.
Pork has had only a limited jobbing sale locally, but prices
have advanced, closing firm at $16@17 for mess, $17 50@17 75
for family and $17 C0@19 00 for short clear. Cut meats have
been firm but quiet, closing at 7@7J4"c. for pickled shoulders,
9%@10%c.
for pickled
hams and8%@934c
for pickled bellies,
14@10 lbs. average. Beef has had a better export demand
and prices have held firm, closing at $10@10 50 for mess,
$10 50@11 50 for packet, $11 50@12 50 for family and 17 50@
18 25 for extra India mess, in tee. Tallow has been quiet bat
steady at 5JgC. S tear ines have been more active, fair sales
having been made of oleo. The closing was firm at lOJ^c.
for lard stearine and 10c. for oleo stearine. Cotton seed
oil closed in fair demand and steady at 353^@36c. for
prime yellow. Butter has continued firm for choice grades,
closing at 18@25%c. for creamery. Cheese has been firmly
held, closing at 7@10%c. for State factory, full cream. Fresh
eggs have been in light supply and higher, closing at 30c.
for choice Western.
Brazil grades of coffee have been quiet, but the tone of the
market has held steady. The trade has been only a
light buyer, but as there has been no pressure to sell coffee
prices have been well maintained. The close was steady at
West India growths have been quiet but
676 f° r ftio No. 7.
steady at 9c. for good Cucuta. East India growths have
been without changes. Speculation in the market for contracts has been quiet. Notices have been freely issued for the
delivery of coffee on December contracts, but they have been
readily absorbed and had a steadying influence upon values.
The close was quiet but steady. Following are the closing
asked prices
Nov
Deo
Jan
6 60o.
6-600.
6-700.
!
Maroh
May
'June
G90o.
July
7 05o.
7-15o.
Aug
Bept
7-25o
J
7 30e
Wea.
rue*.
m.
Tkurs.
Total.
Wilmington....
1,588
2,951
2,496
1,760
2.0C0
Wash'ton.Ao.
Norfolk
2,479
4,372
4,954
2,788
2,923
200
655
1,179
1,278
527
171
1,541
N'p't
News, Ac
Now
York.....
Baltimore
PhUadel'a, Ac.
214
28
769
843
94.994
6,916
18.445
46,533
5,049
12,588
202
12,948
2,150
23
2,088
1,047
1,031
23
5,548
19.604
1,047
3,708
4,617
5,548
202
668
972
50
174
88,205
week 42.678 44,989 71,164 47,726 46,191 65,683 321,431
Tot. this
The following shows the week's total receipts the total sine*
Sept, 1,1901, and the stock to-night, compared with last year.
,
1901.
Receipts to
Nov. 29.
1900.
Since Sep.
1, 1901.
Thii
week.
TMt
Stock.
Since Sep
1, 1900.
week.
981,203 105,703 878,046
18,012
542
11,594
919,981 82,393 1,115,026
88,380
5,535
71,541
72,363
4,545
47,861
601,854 38,041 540,965
67,996
1,948
42,201
132,729
5,360 159.613
682
122
336
166,903
6,270 172,641
241
15
388
210,029 13,012 193,280
7.866
2,693
18,662
43,606
15,912
5,650
30,067 10,291
71,893
34,473
1,942
14,980
782
10,655
7,977
Galveston... 88,205
Sab. P., Ac.
343
ffew Orleans 94,994
Mobile
6,916
P'aaoola.Ao. 18,445
Savannah... 46,533
Bx'wlok.Ao.
5,049
Charleston.
12,583
P.Royal.Ac
202
Wilmington. 12,948
23
Wash'n, Ac
19,604
sTorfolk
N'portN.,Ao
1,047
Now York... 3,706
4,617
5,548
Baltimore .
668
Phlladel.Ao.
1900.
182,201
241.457
281,990
33,992
307,241
28.416
133,689
6,473
27,773
95,445
7,202
19,992
12,852
9,946
32,874
1,914
82,127
39,000
17,061
6,248
28,772
10,056
49,366
38,000
12,164
3,475
858,194
851,532
-••»
321,431 3,387,040 284,844 3,862,916
Total*
1901.
In order that comparison may be made with other years,
totals at leading ports for six seasons,
we give below the
Receipts
at—
Qalvee'n.Ac.
New Orleans
Mobile
1899.
48,003
104,723
128,053
16,765
50,165
18,570
16,632
28,370
1,225
36,332
52,092
74,157
10,308
42,789
14,883
11,019
30,862
1,171
28,621
394,897
4C0.835
265.902
106,245
82,393
5,535
38,041
5,482
6,285
13,012
2,693
25,158
81,176
65,756
5,614
26,101
6,561
8,499
13,473
115
15.704
109,384
103,999
11,108
46,717
17,867
18,032
88.596
wk. 321,431
284.844
222,999
Savannah...
Ao
Wilm'ton, Ac
Norfolk
News, Ao.
all others...
1898.
1897.
1898.
88,548
94,994
6,916
46,533
12,785
12,971
19,604
1,047
88,033
Ohas'ton,
N.
1900.
1901.
1,191
,
sugars have been in more active demand and the
close was firm at 3%c. for centrifugals, 96 deg. test, and 3^c.
for muscovado, 89- deg. test. Refined sugar has had a better
sale at unchanged prices, closing at 4-90c. for granulated.
Other staple groceries have been firm.
Kentucky tobacco has had only a limited sale, but prices
have been steady. Seed leaf tobacco has been in fair demand
at unchanged values. Sales for the week were 3,700 cases,
as follows : 3,000 cases 1900 crop, Wisconsin Havana seed,
17@18c; 200 cases 1900 crop, Connecticut seed leaf, 18@20c,
and 500 cases 1900 crop, Zimmers, 14c. Foreign tobacco has
been quiet; sales of Sumatra have been 150 bales at 70c.
$1 70 in bond.
Owing to a corner in November delivery prices for Straits
tin advanced sharply, touching 33c. bid.
At the close there
was an easier market, with 28c. the best bid and 31 '500.
asked; December delivery was quoted at 25@26e.
Ingot
copper has been active at lower prices in the foreign market,
but locally prices have been quoted unchanged at 16'85@17c.
for Lake. Lead has been dull and unchanged at 4'37}^c.
Spelter has held steady at 4'30c. Pig iron has been in good
firm at $13@16 for domestic.
Refined petroleum has been unchanged, closing steady at
in bbls., 8'75c. in cases and 5*10c. in bulk. Naphtha
has been unchanged at 9 05c. Credit balances have been unchanged at $1 30. Spirits of turpentine has been quiet but
steady at 37}^@38c. Rosins have been in small supply and
firm at $1 60 for common and good strained. Wool has been
firmly held, checking business. Hops have been neglected.
7'65c.
Mon.
Sat.
11,531 13,174 21,926 13,248 14,327 13,999
Bab. Pass, Ao.
343
Now Orleans... 13,292 12,051 25,813 17,210 16,738 9,890
Mobile
841 1,074 2,C03 2,190
223
545
Penaaoola, Ac.
18,445
9,301
5,153
6,643 10,690 7,128
7,618
BrunB-w'k.&c.
5.049
Oharleston.
2,763 2,050 2,410
1,042 2,000
2,318
Pt. Royal, Ac
202
7 40e*
Raw
demand and
Utcexpts a:
rot. this
dinoe Sept. 1 3387,040 3362,916 3045,852 4409.201 4142,666 3320,873
The exports
for the
week ending this evening reach a
total
of 288,415 bales, of which 137,902 were to Great Britain, 26,165
Below
So Franoe and 124,348 to the rest of the Continent.
are the exports for the
Bxvert*
f
week and sinoe Sept*
Wtih UnUnt Nov. 29, 1901
M xvorted to—
rom—
Orsat
France
Brit'n.
Jclveston
16.680
from
Se»t.
lotai
mnt.
With. Britain.
48,830
29M17
78,719
85.378
161,602
1,000
9,281
11,583
216,214
61,663
33,709
1,100
26,170
80.827
21,178
3,060
14,805
20,760
£0,760
80,606
21,182
sVilmlnjrton..
12,612
13.612
Norfolk
S'port N„ Ao.
1.C03
1.000
3,652
.
32,678
120.695
6,612
10,518
8.831
Barannah
.
735,228
69,126
18,825
.
222,111
32,787
221,745
13,984
36,725
1C
26.280
12,625
.
Utmt.
622,890
88,886
87.065
364,447
15,14*
66,907
6,800
Smnswlok
Ocntin$nt.
8,160
227,611
7.546
2,050
Mobile
Peniacola
Charleston
France
878,e05 184,512
81,178
Sab. Pass, Ao.
Sew Orleans.
1901.
1001, to Nov. 29, 1901
£x9ort*& to—
Oonti-
22,513
1,
1,700
22,007
3.552
Port Boyal...
11,582
New York...
Soston
6,610
,
Baltimore....
Philadelphia.
Jan Fran,, Ao.
Total
Total, 1900...,
8.976
100
4,683
11,423
122,182
200
9,176
1,508
1,506
60,661
18.738
SCO
1,200
1,760
1,760
600
7,408
86.624
898
11,973
200
26.170
5,216,2.488.391
187.102
23,186 121.319 236.416 1,198,131 300.011
"Sfc
82.828
21.7161 05.3f8l202.987 1.287.579i258.405
"R86.nVB.361.088
l
November
THE OHKON1CLK.
30, 1901.]
1109
Futokkb.— Highest .lowest and closing prices at New York.
In addition to above exports, our telegrams to-night also
give us the following amounts of ootton on shipboard, not
add similar figures for
cleared, at the ports named.
Mew York, whioh are prepared for our special use by Messrs.
We
Lambert & Barrows. Produce Exohange Building.
OH 8HLTBOAKD, WOT OLE ARK KOH—
l>
Nov. 29 at-
Leaving
Other OoastGerGreat
Britain Fr'nce many. For'gn v>i*e.
elock.
Total.
I
New
Orleans
Galveston
—
Savannah
Charleston
Mobile
Norfolk
New Tort
...
...
Other ports
Total 1901..
Total 1900..
Total 1899.
20,219 19.297 9,497 19.458 1.900
361 2,810
41,029 13,900 13,203
1,800 4.100 17,000 3.000
5,200
4.800
10,010
8",6bo
13,000
3,000
"200 3]60*6
2,200
12,000 3,000
13,000
70,371
71,883
25.900
10,000
18,000
16.000
6,000
28,000
211,01!)
96,048 37,297 59.900 31,619 17,740 245,601
612.590
73,6>7 54 819 62,263 30.665 13,970 231.814
25.479 210,790
82. B45
65.410 37,256
'
'
I
*- *~
00 «J
110*68
I
117.789
17,773
15.991
16,871
76,127
55,548
9
9
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1
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6.61
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616,718
793,763
1
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Speculation in cotton for future delivery has been on a
moderate scale only. Fluctuations in prices have been narrow, but the tendency has been towards a slightly higher
Much
uncertainty appears to exist in the trade as to
the yield of the present crop, although, as last noted, the
opinion of many continues to be towards a modification of
the recent large estimates. Th3 Bareau report, due to be
issued on December 3, it is understood will give an estimate
Awaiting this report there has
as to the yield of the crop.
been a general disposition shown by the trade to hold off. As
to the crop movement, receipts for the week have been fairly
full, although at the close advices from the Southwest were
again predicting smaller arrivals. To-day there was a quiet
market. The opening was at a slight advance. Daring the
day, however, there developed an easier undertone. There
was scattered selling by local longs to liquidate contracts,
Eroinpted in part by the movement of the crop for the week
eing slightly in excess of general expectations. The close
was steady at unchanged prices to 6 points decline for the
day. Cotton on the spot has been quiet but steady at 8c. for
middling uplands.
The rates on and off middling, as established Nov, 20, 1901
by the Revision Committee, at whioh grades other than
middling may be delivered on oontraot, are as follows.
Good Middling Tinged
0. 114 on
Even
Fair
030 on Strict Good Mid.Tiuged.c. 0-20 on
Middling Fair
0-06
Middling
Middling
050
on
Strict
Tinged
Good
...
off
Strict
32 on Middling Tinged.
012 off
Good Middling
basis.
Low
On this basis the
the past
038
off
off
week— Nov.
23 to Nov.
Ordinary.........
29— would be
Wed
Sat.
moil Toes
700
700
700
7 00
7-62
7 62
8 00
7 62
7-t,2
Middling
Good Middling
Middling Fair
80J
832
GULF.
Sat.
8-80
off
off
off
off
a few of the grades for
as follows.
official prioes for
UPLANDS.
Good
8trict
0-72 off
100
Low
Mid. Tinged... 034
Middling Stained
050
Strict Low Mid. Stained... 106
1-50
Low Middling Stained
0-14 off
Middling
Low Middling
Strict Good Ordiuary
Good Ordinary
Strict
8-32
80
832
8
00
700
7-62
8
00
8-32
8-80
8 80
Wed
Th.
Frl.
W
e
p.
7-25
7-87
9
8.57
9 05
7-25
7-87
725
7'87
7-25
7-87
725
787
Middling
Good Middling
825
857
905
825
8 25
8 25
8-57
9-05
8-57
tt-57
STAINED.
Sat.
ITI011
6-50
650
905
Tues Wed
6-50
7-50
7-66
Fri
Holiday.
833
880 8'80
moil Tues
905
£
•<
Tin.
650
8^5
Frt.
6-50
7-50 Holi- 7-50
750 7-50
7-66 day.
766
766
Strict Low Middling Tinged... 766
8-00
800 8 00 8 00 8 00
Good Middling Tinged
The quotations for middling upland at New York on
Nov. 29 for eaoh of the past 32 years have been as follows
Middling
1877....o.llB 16
1893. ...0. 81ha
1885
0. 97 l6
91S
15,
123 16
107 16
1892
1876
18 1884
13i«
8i X6
1891
1883
1875
7%
109ie
1478
5&8
97 ia
107 16
1890
1882
1874
10»4
16>4
12
1881
1873
5l3ie 1889.
7
1880
12
1872
9 8
19k
7"i
6 1888
8i»
1213
1887.
19
10^
1879
1871
51B 16 1886
93 16
1878
16k
9k 1870
Note—On Oct. 1, 1874, grades 01 ootton as quoted were changed.
Aooordlngto the new olasslnoatlon Middling was on that day quoted
Ho. lower than Middling of the old olasslnoatlon.
1901. ...0. 8
1900
1899
1898
1897
1896
1895
1894
io»e
MARKET AND BALES.
The total sales of ootton on the spot eaoh day during the
week are indioated in the following statement. For the
convenience of the reader we also add columns whioh show
at a glance how the market for spots and futures closed on
same days.
Spot Mabeii
Closed.
Saturday
Monday..
Tuesday .
Quiet,
(iulet.
.
Quiet.
Wednesday Quiet
Futures
Market
Closed.
steady
Quiet
Quiet Ast'dy
Steady
Thursday
Friday
Total.
Quiet.
Quiet
& sfdy
Sales o* Spot & Oontraot.
Ex-
Oon-
Con-
port.
tuiiip.
tract.
50
"79
Holl day.
129
Total.
50
*79
700
700
7001
829
-J-l
I
05 05
I
05 05
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9
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05 05
to *>•
05 05
05
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05 jb
C5 C.
05 05
OS OS
^-*.
CXlt-
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05O5
uto
9
19
19
9
19
«J»5
«3«3
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05 05
05 05
lP-05
05 05
U' 05
<J"J
<X<)
«J-J
05<X
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0505
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05
1*05
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&upply of Cotton to-night, as made up by
The "Visible
jable and telegraph,
Foreign stocks, as well
and consequently all
foreign figures are brought down to Thursday evening.
But to make the total the complete figures for to-night
(Nov. 29;, we add the item of exports from the United States,
Including in it the exports of Friday only,
is
as follows.
as the afloat, are this week's returns,
1901
1899.
1898
1900
itoo*atLiverpool......bal©8. 495,000 494,000 781,000 973,000
nook at London
13.000
2,000
3,000
7.00
Total Great Britain etook. 502,000" 507.000 783,000 976,000
itook at Hamburg.............
12,000
15,000
25,000
13.000
stock at Bremen
139,000 179.000 189,000
195.000
Stock at Amsterdam.... ......
1,000
1,000
Stock at Rotterdam
200
200
300
stook at Antwerp
4,000
4,000
7,000
3,000
Stock at Havre
116,000
73,000
190,000
143,000
nook at Marseilles
2,000
2.000
4,000
4.000
Stook at Barcelona
52,000
27,000
75.000
20,000
Stook at Genoa
40,000
25,000
26,000
58.000
nook at Trieste
11,000
4 000
2,000
9,000
Total Continental stocks .
353,000 328.200 555,200 434,300
Total European stooks.... 855,000 835,200 1,338,200 1,410.300
India ootton afloat for Europe
1.000
12,000
9.000
41.00C
liner, ootton afloat for E'rope
774,000 601,000 487,000 1,049,000
f
Etrypt.Brazll,&o.,aflt.lor E pe
76,000
57.000
57.000
57.000
atock In Alexandria, Egypt
176,000 155,000 168,000 186,000
Stock in Bombay, India
97,000 152.000 203.000 161,000
Stook In United States ports.
858,194 851,532 1,004.553 1,815 801
Stook In U. 8. interior towns.
703,270
634.012 651,985 775,402
United States exports to-day.
19.050
20,034
36.328
38,453
Total visible supply
3,496,534 8,333,150 4,072,205 4,919,405
Of the above, totals of American and other descriptions are as follows:
American—
Liverpool stook
.bales. 419,000
433.000 694,000 873,000
Jontlnental stocks
314.000 302,000 511,000 388,000
Amerloan afloat for Europe.
774,000 601,000 487.000 1,019,000
United States stook
858,194 851,532 1.004,553 1,315,801
United States Interior stooks. 631,012
651,965 775.402 708,270
United States exports to-day..
33,453
19,050
20,034
36,328
Total Amerloan
3 035,534 2,877,950 8,491,005 4,359,105
Matt Indian. Bratil, «le.—
Liverpool stook
87,000
95.000
61.000
76,000
London stook.
13.000
2,000
3.000
7.000
Continental stooks.... .......
44,200
46,300
26,200
89,030
India afloat for Europe
12.000
1,000
41,000
9.000
Sgypt. Brazil, Ac, afloat
57,000
57,000
76,000
57.000
Stook in Alexandria, Egypt..
136,000
176,000 155,000 168,000
Btock In Bombay, India
161.000
97,000 15 2,000 203.000
Total East India, Ao
461,000 505 200 581,200 560,300
Total Amerloan
3,035,534 2.877,950 3,491.005 4,359,105
Total visible supply
3,49ti.53l 3,383,150 4,072,205 4,919.405
4li S3d.
middling Upland, Liverpool..
4ii 32 d.
3i«d.
ft'Osd.
7i3 16 o.
Middling Upland, New York..
10*40.
80.
5»eo.
4i3, s d.
Egypt Good Brown, Liverpool
63, a d.
77, 8 d.
5%d.
Peruv. Rough Good, Liverpool
7^d.
7^d.
6\d.
7d.
49 33 d.
Broaoh Fine, Liverpool
5 7ed.
Skd.
47.sa d.
4i 16 d.
Tlnnevelly Good, Liverpool. .
47 16 d.
8d.
5kd.
.
Continental imports past week have been 213,000 bales.
The above figures indicate an increase in 1901 of 1 13,334
bales as compared with same date of 1900, a loss of 575,671
bales from 1899 and a decline of 1,422,371 bales from 1898.
THE CHKOJN1CLE.
1170
At the Intebiob Towns the movement— that la
the receipts
for the
for the
set out In detail below.
week and since September 1, the shipments
week and the stocks to-night, and the same Items
for the
corresponding period of 1900— is
Quotations rOB Middling Cotton at Otheb M\ukets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
Week endi?ig
on
oaO!
wS
00
•
•
&.-
-
a
*k ojco
.»22
-3»g
.
-
Galveston...
7»M
:
:
:
Boston
Baltimore
.
•
.
Philadelphia
*M
Augusta
Memphis
2*3:
h V ua »Vjb hVoiVh ^>V o>
iik
Satur.
Norfolk....
CO
CO
o
.
•
•3
tO
co cc co
.
St. Louis...
3*
<x>
©
Houston
Cincinnati
oo re **
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.
.
,
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CO
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©
1901.
Week.
1900.
Binee
Sept.
1.
Week.
Sine*
Sept.
l.
Shipped—
Via St. Louls.„_ ...
Via Cairo
Via Paduoah
Via Rook Inland
Via LoniBvlhe.._ ....
Via Cincinnati
Via other routes, Ac.
Total gross overland
Deduct ihipnuntt—
Overland to XT. Y., Boston,
<fec.
Between interior towns........
Ac, from Booth
89.825
3,488
24
1,250
8,377
3,653
13,462
276,510 41,889
46,696 12,624
24
267
13,032
4,664
53,910
6,364
29,768
3,566
»2,941
9,287
372,738
90.612
4,966
28,732
43,085
21,622
77,444
60,079
512,881
78,661
639,199
14,539
328
118,801 18,665
17,906 10,487
16,525
2,056
110,762
52,662
14,321
818
7**
s
i
A
8
734
8>4
i
7^a9ie
7»«'3!'i8
7 "'19
7-'i8
7*8
738
*»ia
7>a
7=16
738
7»18
'i 6
7^
7B,«
7 5 16
''IS
•
7 r-i«
;
7^
.
7^
7«4
8»4
74
7 6 ie
74
:
•
"•ha
7*8
74
•
7 e J6
7*
75 !6
at other important
Columbus, Miss
Eufaula
77 16
74
74
Little
Rook
Montgomery...
6 7g
Nashville
Natchei
74
Raleigh
Shreveport
74
74
74
"
s
ie
it is
—
to 78.
«•
totals
Novembtr 29.
8»«
j
Z5ia
Fort Worth, Texas. We have had no rain during the
week. The thermometer has averaged 58, ranging from 33
show that the interior stocks have ingreased during the week 9,752 bales, and are to-night 17,953
bales less than at same period last year, The receipts at all
towns have been 52,673 bales less than same week last year.
Overland Movement fob the Week and Since Sept, 1.—
We give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Nov. 29 and since Sept, 1 in the last two years are as follows.
The aDove
738
7»s
8
734
-'ia
est 38.
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.
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1
practically completed.
Galveston, Texas.— Rain has fallen on one day of the week,
the rainfall reaching eighty-four hundredths of an inch. The
thermometer has averaged 64 and ranged from 52 to 76.
Corpus Christi, Texas.—
have had no rain the past
week. The thermometer has ranged from 52 to 82, averaging 67.
San Antonio, Texas.
have had no rain during the
Wf ek. Average thermometer 61, highest 80, lowest 42.
Palestine, Texas.— It bas been dry all the week. The thermometer has averaged 58, the highest beiDg 78 and the low-
OI00©-aco-J«l— Wt-'©r.WtO©»J©tiJO|^KItO»-'<IOU'COO'0)|-i©
i-*»if>-'aacoc©eM©i-'*>.«jwt.'coc©cj!Oc©co©oai- «j«*''-oo
-j
7U
Thurt.
advices by telegraph from the South this evening indicate that the temperature has continued low at most points during the week. Rain
has been quite general, but except in a few sections the precipitation has been light or moderate. Picking has made
good progress as a rule and some of our correspondents report
sf
;
CJItOWW
79ie
73a
7»4
714
7''ie
7*8
r
Wednes.
Weather Reports by Telegraph.— Our
SS-c-as
ooacco©©©oj<ico©o<*»atoco*j©«©©p^-a'-"H'tocc©©p'F'-j
•1
Tues.
ON—
Southern markets were as follows.
wtOCOOll^NJWH'M (O*. CO -J oo*. to ©aUl^ia.*.
>-'05CC»j^j»its»jo>>-'totaro«^t<ooo»- -'aDo: toMOoeo^i cop
*^©*i
73a
7*|
7»4
73s
7»8
7>*
R
7*4
Nil
7>a
7&18
73s
7*18
7»«
Mon.
The closing quotations to-day (Friday)
H _"
COM I
M
>-
K>
M"»
CLOSING QUOTATIONS FOB MIDDLING COTTON
Nov. 29.
New Orleans
Mobile
Savannah.
Charleston ..
Wl mlngton.
HBO ZB
H
[Vol. LXXIII.
New Orleans, Louisiana.— Rain has fallen on one day of the
week, the rainfall being one inch and ninety-eight hundredths. The thermometer has averaged 57.
Shreveport, Louisiana. There has been rain on two days
during the week, the rainfall reaching one inch and twelve
hundredths. Average thermometer 56, highest 73 and low-
—
est 39.
—
Columbus, Mississippi. We have had no rain the past
week. The thermometer has averaged 43, the highest being
65 and the lowest 22.
Vicksburg, Mississippi.— Rain has fallen on two days during
the week, to the extent of one inch and one hundredth. The
thermometer has ranged from 37 to 67, averaging 52.
Greenville, Mississippi. The weather has been frosty and
clear generally the past week.
Little Bock, Arkansas.
Farmers report no top crop and
picking rearing completion. Rain has fallen on two days of
the week, to the extent of forty- nine hundredths of an inch.
The thermometer has averaged 50, ranging from 35 to 65.
Helena. Arkansas. Frost did more harm than expected;
young bolls are frozen and soft, and will not open. Cotton
is about all picked.
There has bsen light rain on one day of
the|past week, the rainfall being forty-six hundredths of an
.neb.
The thermometer has ranged from 31 to 63, averaging
—
—
—
45
6.
—
Memphis, Tennessee. We had light rain on one day during
15,685 153,232 31,208 177,745 the earJy part of the week, to the extent of forty-three hunTotalto be deducted
..
dredths of an inch. Since dry and favorable for picking.
Leaving total net overlain'
44,394 359,649 47,453 461,454 Average thermometer 46 9, h'ghest 60'4 and lowest 35 8.
* Including movement by rail to Canada.
Nashville, Tennessee.— It bas rained during the week to the
The foregoing shows the week's net overland movement extent of thirteen hundredths of an inch. The thermometer
this year has been 44,394 bales, against 47,453 bales for the has average 42, the highest being 58 and the lowest 26.
Mobile, Alabama. The weather has been clear and cold
week in 1900, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 101,805 bales, most of the week, with freezing temperature this morning,
Picking is practically completed. It has rained on one day
1901.
1900.
of the week, the precipitation being thirty-eight hundredths
In Sight and Spinner*'
of an inch. The thermometer has averaged 52, ranging from
Since
Taktnge.
Since
Inland,
—
Week.
Sept.
1.
Week.
Sept. 1.
321,431 3,387,040 284,844 3,362,916
44,394 359,649 47,453 461,454
Nov.
29 36,000 439,000 31,000 384,000
Southern consumption to
Receipts at ports to Nov. 29
401,825 4,185,689 363,297 4,208,370
9,752 504,707 46,163 607,338
Game
into sight during week. 411,577
409,460
4,690,396
Total In sight Nov. 29
4,815,708
North'n spinners tak'gs to Nov.29 40,695
Movement
Week—
1899-Dec.
Bales.
1
1898— Dec 2
1897— Dec 8
1896— Dec 4
601,858
80,338
692,523
into sight in previous years.
320,461
518,537
502,959
361,634
1—
Since Sept.
1899-Deo. 1
1898— Dec. 2
1897— Dec 3
1896— Deo. 4
Bales.
4,507,697
5,779,801
5,467,504
4,949,234
36 to 72.
Montgomery, Alabama.—Heavy freeze
this morning. Picknearly finished. Cotton is being marketed freely.
There has been light rain on two days of the week, to
the extent of six hundredths of an inch. The thermometer
has ranged from 33 to 76, averaging 49.
Madison, Florida.
have had rain on one day the past
week, to the extent of thirty-three hundredths of an inch.
The thermometer has averaged 55, the highest being 72 and
the lowest 34.
Augusta, Georgia.— Rain has fallen on one day of the week
to the extent of twenty-seven hundredths of an inch. The
thermometer has averaged 48, ranging from 29 to 65.
Savannah, Georgia. There has been rain on one day the
past week, the rainfall being thirteen hundredths of an inch.
The thermometer has ranged from 38 to 69, averaging 52.
ing
is
—We
—
November
THE CHRONICLE.
30, 1901.]
Charleston, South Carolina.— We have had rain on two
days of the week, the precipitation being two inches and
seventy-one hundredths. Average thermometer 50, highest
66, lowest 37.
—
Qreenicood, South Carolina. There has been rain on two
days during the week, the rainfall reaching twenty hundredths of an inch. Average thermometer 44, highest 58 and
lowest 30.
Charlotte, North Carolina.— We have had rain on one day
of the past week, the rainfall reaching eighty-four hundredths of an inch. The thermometer has averaged 40, the
highest being 58 and the lowest 30.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named, at
3 o'clock Nov. 23, 1901, and Nov. 29, 1900.
Xov. 28, '01 Xov. 29,
Feet.
feet.
29
4 1
16 6
Above tero of gauge.
Above zero of gauge.
Above zero of gauge.
Above sero of gauge.
Above zero of gauge.
New Orleans
Memphis
Nashville...
Bhreveport
Vloksb nrg
2
1-8
31
03
104
2-2
12 7
'00.
1171
COTTON CROP
Ki-tiinates
on the cotton crop
of 1901-02 have been made by various cottoij
ngea
as follows:
Announcement was made on the Cotton ExNete Fork.
change, Monday, that the average estimate of 142 members
of the Exchange placed the present ootton crop at 10,590/00
bales, the highest estimate being 11,160,000 bales and the
lowest 9.500,000 bal.
Memj his —The average estimate of 186 member! of the
Memphis Cotton Exchange is 10,560,417 bales, the high.-*
tnnaie reing 11,200,000, and the lowest 9,500,000.
Houston— The average estimate of the members of the
Houston Cotton Exchange is 10,600,000 bah
Yazoo City. The average estimate of 49 members of the
Yazoo Cotton Exchange is 10,696,000 bales, the highest being
11,500,000 bales and the lowest 9,860,810 bales.
Augusta. The average estimate of 48 members of the
Augusta Cotton Exchange is 10 540,000 bales.
—
—
—
Norfolk. — The
averate estimate of the members of ihe
Norfolk Cotton Exchange is 10,321,856 bales.
Livirpoc\, Eng.— The average of 135 estimates by Liverpool Cotton Exchange members is 10,^00 000 bales.
'8
—
—
Shipping JNEwb. As snown on a previous page the
Fall Rivek Mill Dividends in 1901. In our editorial
columns to-day will be found an article under the above •sports of ootton from the United States the past week have
reached i?89,415 oales. The shipments In detail, as maae up
caption covering the results for the year 1901.
from mail and telegraphic returns, are as follows:
Total bales.
India Cotton Movement fbom all Pobts. The receipt*
York—
To Liverpool, per steamers Bohemian, 215
New
all
India
port.
the
shipments
from
of ootton at Bombay and
5,415
Celtlo, 3,137. ...N(madlo, 2,063
for the wook ending Nov. 2S, and for the season from Sept.
To Manchester, per steamer Camoens, 1,150 upland and
1225
75 Sea Island
to Nov. 28 for three years have been as follows:
—
1
1901.
Receipts at-
Sinet
Week.
Bombay
Sinet
Week.
Sept. 1.
Sept. 1.
35,000
77,000
For the Week.
Sinet
Week.
Sept. 1.
142,000 27,000
27,000
1899.
1900.
173,000
Since September
1.
Export*
from—
Oont%nent.
(treat
Britain.
Great
Britain.
Totai.
Continent.
total.
Bombay—
1901
1900
1899...
i.oeo
6,000
1,000
6,000
......
10,000
22,000
89,000
2,000
22,000
79,000
2,000
1,000
1,000
3,000
7,000
2,000
3.000
8,000
2,000
....
.
Calcutta—
1901
1900
1.000
Madras—
2,000
2.C00
4,000
?,6o6
3,000
7,000
1,000
3,000
9,000
1,000
3,000
1,000
1,000
1,000
4,000
5,000
2t,000
24,000
9,000
21,000
29,000
9.000
2 000
6,000
2,000
9,000
18,000
49,000
107,000
14,000
49.000
IS 5,0(0
14.000
1901...
1900
1899
All others-
1901
1900
1899
1901
1900
1899
15,000
...
1
Alexandbia Receipts and shipments op Cotton.
Beoelpts (oantars*)
This week
Since 8ept. 1
1900
1901.
November 27.
1899
.
310,000
2,157,000
310,000
2.645,000
This
week.
xports bales)—
To Liverpool....
To Continent t..
320,000
2,946,000
Since
TMm
Since
This
Sinet
Sept. 1.
week.
Sept. 1.
tseek-
Sept. 1
(
8.000 79.000 10,000 100.000 16.000 136,000
15,000 126,000 4,000 66,000 16,000 126,000
Total Europe.... 23,000 205,000 14,000 166,000 32,000 262,000
*
A cant ar 1b 98
t
Of which to America In 1901,25,965 bales; in 1900, 15,982 bales:
pounds
In 1899. 28.577 bales.
Europe
23,000 bales.
100
32,828
4,850
10,854
£00
11,700
1,000
17,219
galete."
Galveston— To Liverpool— Nov. 22— Str. Heathoralg, 9,676
...Nov. 23— Steamer Explorer, 4.537.. Nov. 2f>— Steamer
Costa Rlcan, 7,331. ...Nov. 27-8teamer Iran, 15.723
37,267
To Manchester-Nov. 23— Steamer Madrlleno, 8,814
8,814
To Belfast- Nov. 26— Steamer Malin Head, 449
449
To Havre- Nov. 26— Steamer Rlojano, 12,209
Nov. 27—
8teamer Heathford, 10,304
22,513
To Bremen-Nov. 23- Steamer Nordeney, 9,38?
9,382
To Antwerp— Nov. 23-Steamer Thurlaid Castle, 2.753
2,753
Prnsacola—To Liverpool— Nov. 22-Steamer Ida, 5,800
5,600
To Bremen— Nov. /6— Steamer Cayo Largo, 11,575
11,575
To Antwerp— Nov. 21— Steamer Bareudrecht (additional),
950
cable
quiet
from Manchester states that the market is
and firm for shirtings. The demand for India is
food, but for China poor. We give the prices for to-day
elow and leave those tor previous weeks of this and last
to-night
for yarns
year for comparison.
8%
lbs.
32* Oop. ingt,
Skirt
d.
Oc.25 7%
Nov.l 7
©8
3%t*8
f»7 7s
3
6% «7%
»7%
2963t
Oott'n
mo
common Mid.
a.
f»7
d.
9
'
81* '*•• Skirl
inos, commoi
to finest.
d.
d.
45
ltd**
838 99%
8I4
99*8
16
413 sa
411 32
&c—
She®!* 3*
7 16®9 38
838 093e
s.
4%97
4%97
4%t»7
5 «8
5%98
8%
2
9
n op
Twist.
d.
©8 1%
1^08 O
07 10%
04O7
if
Upldt
to finest.
d
Below we give
fc
5
6
200
606
900
500
750
1,000
288,415
to
news received to date of disasters
vessels carrying cotton from United States ports, &c.
all
(Br.),
from Savannah for Bremen,
with 10,248 bales of cotton, ashore at Nleuwe Dlep. 3.800 bales
were landed from steamer Domingo de Larrinaga, and she was
floated and towed to Nieuwe Dlep
Telesfora steamer (Sjan.), from Galveston via Newport News, for
Manchester, with u.744 bales or ootton. passed Klnsale Nov. 19,
and reported lire down in hold amongst cargo. The lire has been
extinguished.
48
d.
11
11
11
O
Oott'n
Mid.
Upldt
d.
57 33
5» 3 a
5»32
&»16
5»8
65a
Jute Butts, Bagging,
The demand for jute bagging
during the past week has been extremely dull, but quotations
are unohanged at 5 ;^c. for \% lbs. and 5%c. for 2 lbs., standard grades. Car lots of standard brands are quoted at 5%@
6c, f. 0. b., according to quality. Jute butts also dull at
1K@1?3 C for paper quality and 2%@2>£c. for baggiBg
«
To Yarmouih-Nov. 25-Steamer
,200
Baltimore— To Bremen— Nov. 27— Steamer Gera, 606
To Hamburg— Nov. 19-Steamer Acllla, 900
Philadelphia— To Liverpool— Nov. 22-8tr. We6.ternland,500
Ban Franoisco-To Japan— Nov. 23— Steamer China, 750
Taooma— To Japan-Nov. 23— Steamer Glenfarg, 1,000
New York
the past
week have been
as follows.
1900.
d.
" 15 6»s 97%
" 22 6"i 6 »7%
upland aid 50 Sea Island
12,142
To Manchester— Nov, 27— Steamer Hathor. 3,869 upland
and 4,616 Sea Island
3,485
To Bremen-Nov. 27-Steamer Florida, 11,303
11,303
To Barcelona— Nov. 23— Steamer Evelyn. 5,170
Kingswood, 5,705
10,875
To Genoa— Nov. 23- 8teamer Evelyn, 2,000
2,000
Hrpnswick— To Havre— Nov. 2d— Str. Marie Suzanne. 3,552.. 3,552
To Bremen— Nov. 23-Steamer Marie Suzanne. 3,060
3,060
Cuarlkston- To Bremen— Nov. 22- Str. Normnn Isles, 7,950
...Nov. 24— 8teamer Elswick Tower. 12,700
20,6f0
To Antwerp— Nov. 22-Steamer Norman Isles, 100
100
Wilmington—To Bremen— Nov. 26— steamer Wragby, 12,642. 12,642
Norfolk— To Rotterdam— Nov. Ss2-8tr. Brantlngham, 1.000.. 1,000
Boston— To Liverpool- Nov. 22— Steamers Irishman, 5,851;
Iveroia, 3,124
8,975
Cotcon freights at
1901.
Twist.
8AVANNAH— To Liverpool—Nov. 23— Steamer St. Fillans, 12,092
Domingo de Larrinaga, steamer
M&nohesteb Market, — Our report received by
quality.
1,424
-
Total
This statement shows that the receipts for the week
ending Nov. 27 were 310,000 oantars and the shipments to
8
50
200
,
Alexandria, Egypt,
"
100
2,909
950
Total all—
all
Dunkirk, per steamer Heathbum, 100
Bremen, per steamer H. H. Meier, 2,909
Hamburg, per steamer Patrlola. f>0
Malmo, per steamer Alabama, 200
Sootla, 1,047..
Genoa, per steamers Lombardia, 377
Naples, per steamer Sootla, 100
New Orleans— To Liverpool -Not. 22— Str. Dictator. 10,126
Nov 23-Bteamer Southport, 6,550
Nov. 29—
Steamer Inkum, 16,1£0
To Manchester— Nov. 23- Steamer Lord Ormonde, 4,850..
To Belfas-t— Nov. 23— Steamer Rathlin nead, 10.854
To Dublin— Nov. 29-SteamerGlenarm Head, 300
To Bremen— Nov. 23-Steamer Lord Roberts, 11,700
To Rotterdam -Nov. 23— Steamer Llanporse, 1,000
To Genoa— Nov. 29— Steamers Mongibello, 10,721; Oleta,
6.498
Cargo to Bremen last week on "Monomoy," not "Portu-
To
To
To
To
To
To
Satur.
Mon.
Tucs.
13
19
Liverpool
c.
Manchester
e.
13
17
13
19
e.
20
18920
17%
19 920
Havre
Bremen
Hamburg
Ghent
Antwerp
c.
c.
c.
e.
Reval, via Uull..e.
Reval, via Canal.c.
St. Petersburg... e.
Barcelona
e.
Genoa
c.
17%
19920
Wednes. Thurs.
Fri.
13
19
13
19
18920 18920
17%
17%
19920 19920
19921 18-21% 18-21% 18-21%,
13S15 13915 13915 13915
27
26927 26927 26927
32
32
32
82
27928
27928
27928
27928
30
30
30
18920
17%
a
o
"«1
19920
18-21%
13915
26927
32
27 928
80
20925 20-22i« 20-22>s 20-22%
30
20-22%
Trieste
28
28
28
28
c.
Quotations are cents per 100 lbs. or fractions of a penny per
28
lb.
THE CHRONICLE.
1172
—
[Vol. LXXIII.
Liverpool. By oable from Liverpool we have the following statement of the week's Bales, stookn, Ac... at that port
Nov. 15
Nov. 8
Sales of tbe
week
bales.
47,000
Of which exporters took...
Of wblob speculators took.
Sales American
Aotual export.
Forwarded
Total stook— Estimated.
Of which American— Ent'd
Total Import of the week
Of whleh American
1,400
,
Amount
afloat
......
Of which Amerloan
Nov. 22.
50,000
1,400
45,000
1,400
600
800
400
42,000
8,000
62,000
229,000
166.000
189.000
120,000
454.000
425.000
39,000
15,000
87,000
291,000
220,000
164,000
132,000
481,000
452,000
43,000
5,000
65,000
35R.000
289,000
137,000
12:»,000
430,000
402,000
Indian corn futures have continued fairly active and prices
have advanced. The improvement in values was most pronounced at the opening of the week, new hij?h-record prices
being made for the season here and at Western markets.
Nov. 29.
Nervou9 speculative shorts were reported as buying freely to
46,000 cover their contrasts.
The advices received from the interior
1,000
400 reported light country offerings with continued good consump40,000 tive demand.
Foreign markets also were reported higher.
9,000 The export demand, however, was light,and
clearances were
92,000
495,000 small, ehowing a decrease from July 1st as compared with
419.000 list year of about 50,000,000 bushels. Subs ?quently, how238,000 ever, there was a slight reaction from top prices, due to in214,000
354,000 creased receipts at interior points. To day there was a
317,000 firmer market on unfavorable crop news. The spot market
of the Liverpool market for spots and futures
eaoh day of the week ending Nov. 29 and the daily olosing
prloesof spot ootton, have been as follows.
The tone
Spot.
Bat'day.
Market, )
11:90 p. u.\
Quiet.
HKLUpl'ds.
Monday. Tuesday. Wed'day. Thursd'y Friday.
In buyers' Moderate
IBarden'K.
438
favor.
demand.
4H 32
4»32
Fair
Unlet.
demand.
4H32
4"32
4"32
8,000
8,000
10.000
10,000
7,000
500
500
500
500
500
500
Futurei.
Steady
Market
$
Market,
4
Quiet at
1-64
@2
advance.
® 2-64
2^@3
pts. !*@l>$pt8.
decline.
\
Quiet
decline.
Steady.
«pt
X@l
H point
decline.
Pt8.
advance.
advance.
The prices of futures at Liverpool
cline.
Q't&st'dy Brlygt'dy
Quiet at
advance.
Quiet at
1-64 de.
Quiet at
1-64 advance.
Quiet at
64 1-64
Br'ly st'dy Q't&st'dy
)
PM.
al
1-64 decline.
\
opened.
for eaoh day are Riv^n
Prioes are on the basis of Uplands Good Ordinary
clause, unless otherwise stated,
The prices are given in pence and 642 As. Tkut : 3 63 meant
3 6S-6id.. and 4 01 meant 4 l-64d.
below,
W
prion.
Nov. 25
Tnes.
Wed.
Thon,
Fri.
Nov. 26.
Nov. 27.
Nov. 28.
Nov. 29.
12k 1 12k 4 12k 4 12k 4 12k 4 12k 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
d.
November
Nov.-Dec
.
. .
Deo. -Jan
Jan. -Feb
Feb.-Moh..
Moh
-Apr
.
. .
April-May..
May- J one...
June- July...
July-Aug...
d.
d.
4 17 4 15 415
4 14 4 12 4 12
412 4 10 411
411 4 09 4 10
411 4 09 4 09
4 10 4 08 4 09
4 10 4 08 4 09
4 10 4 08 4 09
410 4 08 4 09
4 10 4 08 4 09
d
d.
d.
4 16 4 13 4 15
4 13 4 11 4 12
4 11 4 09 4 11
4 10 4 09 4 10
4 10 4 08 4 10
4 10 4 08 4 10
4 10 4 08 4 10
4 10 4 08 4 10
4 10 4 08 4 10
4 09 4 08 4 09
d.
d.
d.
d.
4 16 4 16 4 16 4 17
4 13
4 12
4 11
4 11
4 11
4 11
4 13
4 12
4 11
4 11
4 11
411
4 11 4 10
4 10 4 10
4 11 4 10
4 13 4 14
4 12 4 13
4 11 4 12
411 4 11
4 10 4 11
4 10 4 11
4 10 411
410 4 10
4 09 4 09
d.
d
4 13 4 12
4 12 4 11
11 4 10
11 4 10
10 4 10
10 410
4 10 4 10
4 10 4 10
4 10 4 09
4 06 4 06
active.
W
BALLY CLOSING PRICES OF NO. 2 BED WINTER WHEAT IN NE
YORK.
Tuet.
8at.
Mon.
Wed. Tkurt.
Fr%.
Cash wheat f. o. b
82 78
83*9
83
82%
82%
Dec. delivery in elev
80
79%
79%
79%
80k
O 08
81%
81k
DAILY CLOSING PRICES OF NO. 2 SPRING IN
Tuet.
Mon.
Sat.
Nov. delivery in elev
72*8
72
71%
Dec delivery in elev
71 7a
72k
72k
May delivery In elev
75%
76
75k
Wo
CHICAGO.
8238
Wed.
Fri.
813s
72k
72k
76
Tkurt.
j,
70k
)ash oorn f. o. b
Deo. delivery in elev
May delivery in elev
NEW YORK.
IN
Tuet.
IFed.
Tkurt.
Fri.
69%
70 >4
i-.
oS?
70%
68%
69
69k
68 7e
68%
W-o68k
69k
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO.
8at.
Mon.
Tuet.
Wed.
Tkurt.
Fri.
Nondelivery in elev
61%
62
613s
623s
j.
62%
Deo. dell verv In elev
61%
62
61k
62k
62%
"Sy
88
68
May
63%
delivery In elev
64k
61k
M«
61k
65k
Oats for future delivery at the Western market have been
fairly active and the upward trend to prices continued, a
new high record for the season being made during the week.
The movement of the crop has continued free, interior points
reporting large receipts. On the other hand, however, the
consumptive demand has been heavy, readily absorbing offerings, even at the advancing prices.
Locally the spot market
has been fairly active and higher. To-day the market was
and higher.
DAILY CLOSING PRICES OF OATS IN
8at
Mon.
Tuts.
2 mixed in elev
47%
48
48
2 white In elev
52
50k
51k
DAILY CLOSING PRICES OF NO. 2 MIXED OATS
Mon.
8at.
Tuts.
fairly active
NEW
10.
«o.
YORK..
Wed
Tkurt.
48k
51k
Holl-
CHICAGO.
IN
Wed.
Thurt.
42%
43k
42k
42%
Fri.
49
52
day.
Fri,
42k
42k
-i
42k
43
42%
43%
© y
39
383s
38%
38%
39
jfl'O
moderate demand and firmer. Rye has
Dec. delivery in elev
May delivery in elev
July delivery in elev
•
Barley has been in
been quiet.
Following are the closing quotations:
FLOUR.
MHUt.OBO .OO. ......
Nominal.
Patent, winter.... S3 75 f»4
Superfine .... .... 2 65 ©2 65
City mills, patent. 4 05 ©4
ffxtra, No. 8...... 2 70 ©2 80
Ryeflour.Bupernne 3 00 ©3
Kxtra, No. i,.«.. 2 85 93 00
Buokwheat flour.. 2 00 ©2
3 00 93 35
Corn meal3tralghtB....e:jc ... 8 40 93 75
Western, eto
3 50 ©3
Patent, spring.^ 3 80 ©4 55
Brandywine
3 60
'Wheat flotL.- iu caoks sells at prices below those for barrels.)
00
55
60
10
,
4
4
4
4
Friday, Nov. 29, 1901.
flour
has
held
steady, bat the volume
market
for
wheat
The
of business transacted has continued to reach only moderate
proportions. The local trade in making purchases has continued to operate along conservative lines, showing little inclination to anticipate requirements to any extent, prices
have been well maintained, and for some brands of spring
patents slightly better values have been obtained.
Rye
Buckwheat flour has
flour has been unchanged and steady.
been in moderate demand and firmer. Corn meal has been
firm and higher.
Speculation in wheat for future delivery has continued on
a moderately extensive scale,and during the week there was a
fractional improvement inprices. The movement of the springwheat crop continued large, as shown by the daily receipts
at Duluth and Minneapolis, and the American visible supply,
according to the published figures, showed another large increase. Despite, however, the bearish statistical development, the undertone of the market has held steady, reflecting
in part the continued firmness shown by the coarser grains,
and also due to the reports from the winter-wheat belt saying that climatic conditions were not wholly favorable for
the new crop. European cable advices have reported fairly
steady markets. Exporters have been fair buyers in the
spot markets at steady prices; their purchases have included
a moderate amount of wheat for shipment to France. It is
figured that the imports of wheat into European countries
from August 1st to November 9 show an increase of about
27,000,000 bushels as compared with the same period last
year. To-day there was a fairly active and higher market
on steady cable advices and unfavorable reports from the
winter -wheat belt. Business in the spot market was fairly
81k
Mon.
70 k
416 415
BREADSTUFFS.
May delivery in elev
MIXED CORN
2
Bat.
,
Sat.
Nov. 23
firm.
DAILY OLOSING PRICKS OF NO.
•
5,000
Bpeo. Aexp.
was
.
o«
ft-o
73k
73k
77k
—
Vheat, per bnsi:
Hard Duluth, N j 1
N'thern Dul.,No.l
Red winter, No. 8
Hard N. Y. No. 2.
<ats— Mix'd, p. bash.
c
o.
White
No. 2 mixed
No. 2 white
GRAIN.
Oorn, per bush,—
86%»88k
80k»32k
8l%083k
Western mixed
79k»81
48 ©51k
51 ©55
48k 950
51k»53
Western white
55
o.
e.
68k»70%
68 78»70%
No. 2 mixed
Western yellow
70k 972
70k »72
Bye, per bush-
60k»63k
Western
State and Jersey
Barley— Western
Feeding
68
63
59
©64
©71
©64
The movement of breadstuff s to market as indicated in the
statements below is prepared by us from figures collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Nov. 23,
tnd since Aug, 1, for eaoh of the last three years have been:
j««t»ti
at—
Flour.
Oaf.
Oorn.
tVAsat.
Sarii*.
utt.
8611.196 16- ButA.eOibf BuiA.66(b.' 3u«A.S81bi <?u«h.48lb» 3m.bs u> t
823.419
1,0:5,195
816,816
1,874,075
S68.400
105,870
28,760
Milwaukee..
80.776
857,600
243,400
423.750
63.600
.
76,500
isveland ...
Louis....
it.
Camai
19,761
....
1.8i!3,534
3,419.560
60.080
229.693
900
78,014
131,594
31.998
6,800
56,321
80,733
53,767
llnneaDOlls.
16,735
61.563
49.706
211.324
364,000
164.700
806.400
16.600
30.050
332,800
618.350
378.40C
239,900
105.9JO
City.
163,1:6
81,040
30.696
139.060
46.580
•
11,36)
'
69.000
43.200
10.6C0
8,000
466 061
879,787
7,485,901
8,601.086
8.16J.801
1,883,470
160,606
am* wk.'OO.
4,787.457
4,310,832
2,003,033
1,484.363
hjq« wk.'QS.
807,441
6,370,918
8,675 570
8,297,781
1,833.539
117.089
103.470
rot.wk.1901
inci
Aut.
1.
8.022,370 125,486.549 46,911922 68.495,377
7.035.41S 108,785.093 64.733.418 64.665.744
7,191.954 103.122,691 62,601.227 67,793,931
i9ei
1900
1899
82,626.068 5.260,671
28,894,617 8,283,188
1H.6 14.566 8.020.878
The receipts of flour and grain at the seaboard ports
week ended Nov. 23 1901, follow:
:ne
Flour
Ueci9f el—
<ew Yc?S,
toiton
dontrea:,,
Philadelphia
jaltimore
Richmond
lew Orleans*
'ewport News
florfoik
ialvsiton
•^rtland.
for
,
Me
1
bbls.
14 3,040
64 933
,
19,963
71.793
77.438
3,336
10,010
16,574
81.9J1
fcuih.
95,950
211.899
403.228
i>7«,030
430,160
84.V60
47 *, 0O0
80,000
898
179.450
65,193
124,000
431,889
439,463
8,464,170
1,771,377
Peniaoola
Total week
'•SklOOO.
Wntat.
Corn
Oaf.
Birlit
-Rn.
buth.
80J.SOO
buth.
bath.
• iu*.
90,136
41.465
64,231
223,116
19.939
31,600
773,685
4,101.146
• Beoetpti do not moiuds grain pasting
ports on through bills of lading.
838.200
61.128
80,541
41,781
1V749
86,400
"8,649
15,200
10,166
7.769
19,896
714
40.052
76,928
1,173.382
1,331,680
6,850
1,400
115.314
178,474
thrown New Orleans
85.019
73.216
for torslea
November
THE CHRONICLE
30, 1901.]
Total receipts at ports from Jan.
follows for four years:
.bbls
i
Coru
0»t»
Barler
"
4.803,910
3. 677.715
"
883.581.851
"
Bye....
Total Brain
as
1808.
1899.
1«,75&.8?2
91,871.58*
KJ3.051.071
181.79H.04*
K'i.t* 0.026
183.790. i-: 'J
H8.18.S.473
88.911.323
8.808,750
ll.M07,«aO
6.3tJ8>60
13,848,919
339.760.907
398,446.6*9
418.136.390
1000.
bush.Ufl.110.191
Ka,Hfl8,515
"
80.871. 290
"
Wheat
compare
to Nov. 23
10,t-&l,MO2
1901.
H<V4«7,028
of—
Receipt*
lour
1
19.SW.500
ioe388,ta
72.l7fl.617
9,854 .M'.'
5,2t>6,19l
The exports from the several seaboard ports for the week
ending Nov. 23, 1901, are shown in the annexed statement
iVhsat
Mmsorts frtm— bush,
46- 366
208.668
JUwYork....
Bolton
Orleaiil..
Hewn
rt
Newt
Montreal
811,188
8.848.648
2.025.760 4,191,037
B.4 C. Amerloa.
Wilt Indies
Br.N.Am. ColO'l
Other oonntrle*
TotsU
Total 1900
8,671
49.198
887,121
206.908
877.126
Wheat.
,
49,480
3S.4-4
o78
165.8*3
8,641.805
6.794.508
bxish.
1.667,fc«8
079.921
8,756
= — Oorn.Since Jutu
Wetk
Nov. 23
bush,
88,261,781
11,776,615
18,056
bush.
186 939
81.279
20,318
81,802
1,
l»oi.
bush.
9,032. 30d
7,978,378
763
638,413
479 918
148.670
166,132
78,281,678
311,166
61.801,364 4,191.937
47,b82,81'J
50
148,196
2,246,648
2,025.760
since
18,327.878
The visible supply of grain, comprising the stocks ii
granary at the principal points of accumulation at lake and
seaboard ports, Nov. 23, 1901, was as follows:
Corn,
Whtmx.
bush
In stars 0,1—
MwYork
Do
oiton
3.668,00t
afloat
1.847.00C
661.00C
1,179.000
956,oot
175,000
Philadelphia
Baltimore
New Orleans
OalTeiton
Montreal
TorontoBnflalo
Do
bush.
661,000
26,000
820,000
23,000
21&,00u
Oats,
bush.
962.000
13,000
176,000
58. vu.
01.00C
178,000
10,000
110.0CO
22,000
Do
^3.000
Bmn»\
5>js>.
183.000
5,0
68,000
8.001
3.968.0O0
1,198.000
681,000
836.000
60, 'JO
"
29
328.00C
480,000
394.000
913.000
899.000
679.000
881 b'66
13,000
139,000
Do
6.143.00C
6.088,000
991,000
972,90b
105,61
222.000
'62.000
820.00.
489
9,000
'
29.oei
afloat
OMloago
Do
20
(K)
afloat
Milwaukee
Do
174 00c
afloat
Pt.WUl'niAPt.Arthur l.e64.000
6,821.000
DtUuth
Do
479,000
98,000
849. i 00
12,047,000
_ 8,424,000
10.000
377,000
860,000
117,000
67,000
99.000
1,528,000
'69.000
414,000
120,000
88,000
88,000
113,066
100,000
49,000
23,000
8."00
1,000
8.200,000
171.000
557.000
60,000
573.000
626,000
65.000
87,000
892.000
385,000
28, 1901.
10. 1901.
48.913.000
«6.t77,000
62,262.000
3,570,000
8,628.000
65.8'<6.CKi0
6,492,000
6,860,000
11,769,000
5,917.000
6,580.000
2,618,000
*6. 1889.
28, 1898.
11,484,000
12,150.000
8,7i 4,000
11.672,000
22.268,000
o.
afloat
Minneapolis
Bt Louis
Do
160.011'
14,001
afloat
lamas City
Peoria
Indianapolis
On
OnLakes
On eanal and
Mississippi Hirer
Nov.
rlrer.
Nov.
Nov. 2* 1900.
Nov.
Nov.
.
.
23,869 000
'
30
1,462
88
l,"i95
86,5-01
390
140 887
273
107
6,016
39,932
9,570
21,398
1,866
5,837
49,428
9,561
5,732
236.024
—
1.772
431
1^,742
27,569
4.265
28.025
2,972
11,155
43.906
8,618
3,638
283 893
70
6£0
188
258
1,451
1.
2,2:19.000
1,326,000
1,498.000
1,139.000
Foreign Dry Goods.— The demand for foreign dress goods
has been quiet and mainly for the better qualities of thin
fabrics. Silks are steady with moderate sales. Linens are
very firm with a quiet demand. Burlaps continue dull and
irregular.
Importations and Warehouse Withdrawal* ot Dry Good*,
The importations and warehouse withdrawals of dry goods
at this port for the week ending Nov. 28, 1901, and since
January 1, 1901, and for the corresponding periods of last
year are as follows:
H
a
8,569.001.
3,666.000
3,898.001
THE DRY GOODS TRADE.
New
York, Friday, P.
M„
Nov.
29, 1901.
quiet conditions prevailing in the cotton goods division in
which prints alone have sold with any degree of freedom.
Business in the latter bas been on a decidedly liberal scale,
the demand being stimulated by the low prices made last
The home trade pursues
its
a
g
°:
o!
O
gi
!
Si
9.
°:
£•
m
i
•
fi I
.
:
!
:
•
'
i
'
s
the print flurry having gradually
passed off. General etock conditions continue good from the
sellers' point of view, the current demand, quiet as it is,being
the;first effects of
prevent supplies from accumulating in first
hands. The firmness of raw cotton also helps to keep prices
steady. In the woolen goods division the tone is very firm in
nearly all lines, desirable goods being decidedly scarce. The
holiday has interfered with jobbing business, but sales from
second hands have been of fully average extent.
Woolen Goods,— The clothing and cloaking trades have
been much in evidence this week in their efforts to purchase
goods for quick delivery in both wcolens and worsteds.
They have found much difficulty in placing all their orders,
sufficient to
owing to the sold-up condition of the market in all desirable
lines of both heavy and light-weights.
Staple varieties have
had the chief call and for prompt deliveries advances of 5 per
cent have been occasionally paid. The tone of the market is
very firm and favorable for a strong opening of the new
heavy-weight season. Buyers are anxious to have sellers
declare themselves in connection with the latter, but no
movement has been made so far of any significance. Oxford
greys and similar lines are prominent sellers. Business in
p
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2
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conservative policy in
other directions, and exporters have done little this week.
The tone of the market shows some improvement over a
a
p.
to
t
The market during the past week has shown generally
week ago,
•
2,218
1.536
1'Z
The value of the New York exports for the year to date
hss been $10,201,117 in 1901, against $12,674,649 in 1900.
In brown sheetings and drills prices are firm, with the exception of 4-yard sheetings. There are ready supplies of the
latter, but other descriptions of brown cottons are well sold
up and under forward contracts to a considerable extent.
Docks are steady, with a moderate demand. Jobbers have
bought bleached cottons in limited quantities only, while a
moderate demand has come from the manafacturing trades.
Wide sheetings are firm,
Prices are unchanged throughout.
and occasionally 5 per cent higher. There has been no increase in the demand for coarse -colored goods, but prices are
kept firm by limited supplies for sale, Denims are particuKid-finished cambrics are dull and easy. Inlarly scarce.
digo blues, mournings, shirtings and other staple prints have
been in good demand, and close the week with a steady tone.
Fancy prints have opened on the basis of 5c. for best makes
and are selling fairly well thereat. Fine printed fabrics are
scarce and business for spring has been large. All ginghams
are in good condition, with prices firm in face of current
quiet demand. Regular print cloths are unchanged at 3c.
nominal, with no movement en the part of either buyers or
sellersOdd goods are quiet throughout at unchanged
u
week.
S>*M
4,0.Vf
prices.
afloat
Detroit
Total
Total
Total
Total
Tottl
tits.
^uls.
afloat.
Toledo
«•
Sinee Jan.
free*
1.
75 107
i—
,
5.181
890.908
377,185
*
64
Ureal Britain...... ..........
.....
Other European...
South America...
week and
Week Slnee July
yov.tx
i, 1901.
40X865
',
Week. Hinee Jan.
540
18
•^
8,571
of these exports for the
422.213
to Nov. 25
74
-^-j-"-
1900
1901.
Nbw Turk
Africa
25,138
below:
16,820
19,030
4.306
pacaages, valued at |235,667, their destination being to the
points specified in the tables below:
760
........
>
Domestic Cotton (iooDS.— The exports ot cotton goods
from thlB port for the week ending Nov 23 were 5,732
1,259
...
110
31.121
16.674
29.8* I
4.-78
-FJour.
ity in the latter.
OIllIlA.a— • »*»•>
.
4.047
Week Since July
Exports for
1, 1901.
week and since Nov. 23
bbls.
bbls.
July 1 to—
407
202.931
4.217
United KiUKdom
1.3H.140
52,9.u l
Continent
busti.
0.668
0ri.8S8
17,008
Btrisy
woolen and w irsted dress goods has been quiet io i-rnple lines
and light in fancies, and prices show considerable irregular-
18,71*
.......
1900, is as
1,
P**s
buih
Rys.
bush,
47,163
1.093
19,793
..
The destination
8ept.
Oatt
bush
bbl$
898
80,000
8*1,938
188.t 00
124.000
Oalveitnn....
Pensacola.
Total week
Sametlme'OO
69,798
83.410
*?,S57
34,2^6
0,809
8H8.C00
248.(00
849.600
Baltimore
Norfolk
Flour,
r6193
Portland, Me.
Philadelphia..
Hew
Corn,
bush.
107,163
4^,918
1173
X
91
M PM
« I
s
•
THfc
1174
$W£
fwn
City
CHRONICLE.
ftzfimwtm.
[Vol. LXXIII.
Alameda, Cal.— Bond Election.— An election has been
called for December 29 to vote on the question of issuing
$100,000 echool-house bonds.
are
Ash land, Ohio.— Bonds to he Issued Next Year.—
advised that the $60,000 sanitary sewer bonds voted at the
election held October 28 will not be iesued until February or
March of next year.
Ashland, Ore.— Bonds Proposed.— Petitions are in circulation urging the city authorities to take up the question of
issuing bonds for a sewer system. It is said that $20,000
bonds will be needed for the purpose.
special committee of
Atlanta, Ga. Bonds Proposed.
citizens appointed to investigate into the condition of the
city sewers on November 19 adopted a resolution asking the
City Council to obtain authority from the State Legislature
to hold an election to vote on the issuance of $200,000 bonds
for the purpose of extending the trunk sewer.
We
TERMS OF SUBSCRIPTION.
The Investors' Supplement will be furnished without
sxtra charge to every annual subscriber of theCOMMER cial
and Financial Chronicle.
The State and City Supplement will also be furnished
without extracharge to every su bscriber of the Chroncile.
The Street Railway Supplement will likewise be iurnished without extra charge to every subscriber of the
Chronicle.
The Quotation Supplement, issued monthly, will also be
furnished without extra charge to every subscriber of the
Chronicle.
TERMS for the Chronicle with the four Supplements
above named are Ten Dollars per year within the United
States and Thirteen Dollars in Europe, which in both cases
includes postage.
Terms of Advertising— (Per Inch Space.)
Transient matter (each tlme)$4 20 ThreeMonths (13tlmee).$2900
(26 times). 50 00
Six Months
STANDING BUSINESS CAED8.
Two Months (8 times)
$22 00 TwelveMonths(52 times). 8700
—A
Atlantic City, N. J.— Bond Offering.— Attention is called
advertisement elsewhere in this Department
of Atlantic City, offering for sale $135,000 4% gold coupon
paving bonds and $15,000 4% gold coupon fire-house bonds.
Proposals for these securities will be received until 12 M.,
December 9, by A. M. Heston, City Comptroller. For full
description see Chronicle Nov. 16, p. 1074.
to the official
—
Index.
An
the news matter appearing in this Department for the period from July 6, 1901, to Oct. 5, 1901, inclusive, was published in the Chronicle of Oct. 12, 1901,
pages 806, 807 and 808.
index to
all
Massachusetts.—Special Session of the State Legislature
Adjourns.—The State Legislature which met in special session on November 13 for the purpose of approving the Revised
Statutes as compiled by special commissioners adjourned
November 21.
Rhode Island.
Legislature Adjourns.
ure adjourned on Nov.
—The State Legisla-
Bond Calls and Redemptions.
Bennett Township, Kingman County, Kan.— Bond Call
—
J. C. Deck, Township Treasurer, calls for payment Jaa, 1,
York City bonds Nos. 5 to 20, inclusive, dated
1902, in
Oct. 1, 1886. and Nos. 2 to 20, inclusive, dated Feb. 1, 1887.
New
Secarities are all in denomination of $500 and were issued in
Western Railroad Co. They
aid of the Chicago Kansas
carry 6$ interest.
&
Kingman County,
Kan.— Bond
Call.— 3. A. Friend, Township Treasurer, has called for payment Jan. 1, 1902, in New York City bonds Nos. 1 and 3 to
19, inclusive, and Nos. 2 and 7 to 16, inclusive, each for $500.
Securities were issued Jane 1, 1887, in aid of the Chicago
Kansas
Western Railroad.
Dallas, Texas. Bonds Redeemed.—The City^Auditor has
redeemed the following bonds
&
:
$12,000
1,000
3.000
10,000
10,000
—
National Bank of Barnesville at 100 -886. For description of
bonds see Chronicle Nov. 23, p. 1124.
Biloxi, Miss.— Bond Offering.— Proposals will be received
until December 3 by the Mayor and the Board of Aldermen
for $3,500 6% 5-20 year (optional) street-improvement bonds.
Securities are in denomination of $500.
City Clerk.
26, 1901.
Chicaskia Township,
Baltimore, Md.— Bond Sale. The Commissioners of Finance have taken for the sinking fund $160,000 ^%i conduit
bonds, loan of 1922. Tnis makes a total of $860,000 of such
bonds now outstanding.
Bay County, Mich.— Bond Election. At the April election
next year this county will vote on the question of issuing
$60,000 refunding road bonds.
Belview, Redwood County, Minn.— Bond Sale.- On Nov.
2 the $3,600 5% village-hall bonds were awarded to the First
water-supply bonds, dated December, 1881, and due December, 1914.
water-supply bonds, dated July, 1887, and due July. 1917.
street-improvement bonds, dated July, 1889, and due July, 1929.
sewer bonds, dated July, 1890, and due July, 1920.
water bonds, dated July, 1890, and due July. 1920.
O. G.
Swetman
is
Bloomingdale, Essex County, N. Y.— Bond* Authorized.—
of $1,500 1-3-year (serial) town-house bonds has
The issuance
been authorized.
Bloomington, III. -Bond Sale.—This city has delivered to
John Cheny, contractor for the work, an issue of $10,693 4.;
Park Street bonds. Securities mature in ten years, but are
subject to call before that time.
Bowie County, Texas.— Bond Sale.— It is stated that the
State Permanent School Fund has purchased $36,300 refunding court-house bonds of this county.
Bowling Green, Ohio.— Bond Offering.—Proposals will be
received until 12 m. to-day (November 30) by the City CounSecurities are
cil for $6,500 4% sewer assessment bonds.
issued under the authority of sections 2704, 2705 and 2706,
Revised Statutes of Ohio. They are in denomination of $500,
dated Dec. 1, 1901. Interest will be payable March 1 and
September 1. Principal will mature $500 yearly on Sept. 1
from Sept. 1, 1903, to Sept. 1, 1912, and $503 yearly on March
1
from March
1.
1910, to
March
1,
A certi-
1912, inclusive.
check for $100 must accompany bids. Purchaser will
be required to pay accrued interest.
Braddock (Borough), Pa.— Bonds Voted. An ordinance
Missouri. Bond Call. The Board of Fund Commissioners has voted to call for payment Jan. 1, 1902, $300,000 of the is before the Borough Council providing for the issuance of
$101,283 funding and sewer bonds. These securities were
outstanding bonds of the State.
Grant Township, Harper County, Kan.— Bond Call.— A. authorized at the election held Nov. 5, 1901.
Brantford, Ont.— Debenture Offering.—This city has auJ. Rymph, Townsnip Treasurer, calls for payment Jan. 1,
1902, bonds Nos. 1 to 13, inclusive, aggregating $12,900, thority to issue $50,000 4% 30-year gold debentures for the exissued May 1, 1890, in aid of the Omaha Hutchinson & Gulf tension of the water-works system. We are advised by Arthur K. Bunnell, City Treasurer, however, that the city inRailroad.
Lancaster, Mo.—Bond Call.— A 6g bond for $500, dated tends to issue only $25,000 of these bonds at present, and that
while no date has been set for opening bids, the city officials
April 1, 1895, was called for payment Nov. 15, 1931.
Marion Township, Jasper County, Mo.— Bond Call— In- are willing to discuss any offers that may be made. Securiterest ceased on November 2 on h% bonds Nos. 34 to 66, in- ties are in denomination of $1,000 and the interest will be
payable semi annually in Brantford.
clusive, each for $500, dated Nov. 2, 1891.
Brighton, Ont.—Debenture Sale.—This corporation has
Multnomah County, Oregon.— Warrant Call.— Thomas
Soott Brooke, County Treasurer, has called for payment sold an issue of $5,000 debentures.
Brockton, Mass.— Loan Authorized.—The Board of Aldercounty warrants Class 36 drawn upon the general fund that
were presented and indorsed "Not paid for want of funds" men has authorized a loan of $10,000 to pay the city's proporfrom Oct. 1, 1900, to Oct. 30, 1900, both dates inclusive. tion of the expense of re-building the Ames Street bridge.
Buffalo, N.Y.— Bond Sale.—The sinking fund has taken a
Also warrants "Class C" drawn on road fund and presented
monthly local work bond for $3,770 25 as an investment.
from July 13, 1900, to Sept. 1, 1900.
Bond carries Z% interest and is dated Not. 1, 1901. Principal will mature Nov. J, 1902. Interest will be payable May
fied
—
—
Bond Proposals and Negotiations
week have been as follows
Akron, Ohio.—Bond Offering.— Chas. H.
this
:
will sell at auction at 10 a. M.,
December
Isbell, City Clerk,
21, the following
bonds
Thornton Street sewer bonds, maturing one bond of $300 in one year
and a like bond in two years and one 1300 bond and two $100 bonds
$1,100 1%
in tlirec ve&rs
800 6% Crouse Street sewer bonds, maturing one bond of $300 in one, in two
and in three years.
1,200 l'% Brown Avenue improvement bonds, in denomination of $100. Ma.
turity, $200 in one year, $200 In two years, $d0J in three years, $200 in
four years and $300 in five years.
2,000 5* Payne Avenue sewer bonds, in denomination of $500, maturing $500
in one year, $500 in two years and $1,000 in three years.
All the above bonds are dated Dec. 21, 1901. Interest will
be payable semi-annually at the National Park Bank, New
York
City.
and November 1.
Buras (La.) Levee District.— Bond Offering.— Proposals
will be received until 12 m., December 16, by John Dymond
1
Jr.,
Attorney at Law, No. 339 Carondelet Street,
leans, for $5,000 6* 20-year levee
denomination of $500.
bonds.
New
Or-
Securities are in
On
November 6 the two
Carthage, Ohio.—Bond Sale.—
issues of 5% 1-10- year (serial) street- improvement bonds, agCo.,
gregating $5,104 85, were awarded to P. S. Briggs
Cincinnati, at 103-629. Following are the bids :
&
P. 8. Briggs
& Co., Cincinnati. .$5,290
Seasongood & Mayer, Cin
R. Kleybolte & Co., Clncln.
. . .
10
5,281 93
5,254 85
German Nat. Bank Cincin
W. J. Hayes & Sons, Cleve..
.
.
$5,168 87
5,129 85
For description of bonds see Chronicle Oct. 12, p. 802.
Caldwell, Ohio.—Bond Sale.— On November 12 the $5,000
5$ electric-light-plant-improvement bonds were awarded to
November
THE CHRON1CLK.
30, 1001.
For
the New First National Bunk of Columbus at 105-46.
description of bonds see Chronicle Oct. 28. p. 932.
Charlotte, Mich.— Bonds Authorized.— The City Council
has authorized the issuance of the $30,000 sewer bonds voted
at the election held Sept. 30, 1901.
Clifton, Kau.— Bond Sule.— Tbis city has sold an issueof
$5,000 T>% water bonds to the Clifton State Bank at 100*50.
Securities are in denomination of |500, dated Jan. 1,1902.
Principal will mature July 1, 1912, subject to call one bond
yearly on July 1, beginning in 1903.
Columbus,
rowed $2~>,000
Ohio— Temporary Loan —The
for three
months
at
i%%
interest
Savirgs Bank of Colnmbns. Loan was
benefit of the street maintaiLing department.
zeiib'
has tor-
city
from the
made
Citi-
for the
Bond Sale- On November 21 the $U 0,000 &A% 18 year refunding bonds were awarded to Seast ngood & Mayer, CinFolcinnati, at 101 288— an interest basis of about 3-4(4<r.
lowing are the bids
:
Veasongood
W
J.
ft
Mayer. Cm... $182,818 05
New
|
1st
Laruprccht Bros. Co., Clev.. $181,842 00
180,01000
181,600 10 feoer. lloliman 4Co..Cln.
18i,45800|K Kleybolte 4 Co.. Clncin.. lM),Wtooo
Nat B'k.Columbus. 181,413 00 Ohio Nat. Bank, Columbus.. 180.000 00
description of bonds see Chronicle Nov. 16, p. 1075.
Hayes 4 Sons. Cleve.
Oenlson, Prior
4
.
I
Co.. Cleve.
I
For
Concord. N. H.— Bond Sale.— On November 26 $6,000 3<*
St. Paul's School Sewerage Precinct bonds were awarded to
E. H. Rollins & Sons, Boston, at 10025 and accrued interest.
Securities aie iu denomination of $5(0, dated July 1, 1901.
Interest will be payable January 1 and July 1. Principal will
mature $500 yearly on July 1 from 19C2 to 1913, inclusive.
Connellsville, Pa.— Bond Offering.— Proposals will be received until 12 M., December 2. by the Finance Committee,
Securities
for $35,UC0 4% 16>£ -year (average) sewer bonds.
are in denomination of $500, dated Nov 1, 1901. Interest
will be payable semi-annually at the Union Trust Co. of
Pitts* urg. Principal will mature §5,000 each year from 1914 to
A deposit of $1,000 required with bids.
1920, inclusive.
Covington, Ind. Bond Sale.— On November 25 an issue of
Riser, In$9,000 5% funding bonds was awarded to Meyer
Following are the bids
dianapolis, at 108.
Meyer 4 Kiser, Indianapolis. 19,720 00 State Savings Bar.k. Toledo... $9,662 60
9.S-6 00 P. S. Bnggs * Co.. Clncin. ... 9,640 00
W. J. Hayes A Sons. Cleve
Lampreciit Bros. Co., Cleve. .. 9.671 00 New 1st Nat. B'k.Columbus.... 9,431 60
60 Thompson.Teuney 4 Crawford
Co..
9,«3b
Cleve...
Denlson, Prior*
&
:
Keder. Holzman A Co.. Clncin. 9.600 00
Wild * Co.. Indianapolis. 9,690 to
9.58: 30
Spltzer 4 Co.. Toledo
Seasongood & Mayer. Clncin.. 9,566 74
J. F.
Co.,
Chicago
9,865 00
9,201 O0
Indiana Trust Co.. Ind'lls
Bank, Barnesville,. 9.161
Covington Banking Co
9,125 00
First Nat.
'
&
Co.,
Bids were also received from Rudolph Kleybolte
Cincinnati, and from S. A. Kean of Chicago. Both bids
were said to be irregular and were not considered. SecuriInterest will be payable
ties are in dencmination of $100.
January 1 and July 1 at the Fletchers' National Bank, Indianapolis. Principal will mature $1,000 yearly on t January
1 from 1909 to 1917, inclusive.
Danville, Va.— Bond Election.— An election will be held
Deoember 19 to vote on the question of issuing $250,000 4%
Eastern RR. Co.
30-year bonds in aid of the Mount Rogers
The issuance of these bonds, if authorized, is conditioned
upon the railroad being completed and in running order on
or before Jan. 1, 1906, irom the Tennessee or Kentucky line
to Norfolk or Portsmouth cr connection made with the Seaboard Air Line so as to reach these points.
DaTidson County (P. 0. Nashvlile), Tenn. Bonds Not
Sold.— No satisfactory bids were received on November 25
for the $250,000 iy
% % 10 20 year (optional) turnpike bonds.
It is said that the County Court will raise tne interest rate
to ii per annum and agaio offer the bonds.
Dyersbnrg, Tenn.— Bond Election. An election will be
held January 2 to vote on the question of issuing $50,000 4%
20 year bonds for the purpose of " buying and improving the
present system of water works and lights."
Eaton, Colo.— Bond Sale.— The sale at par of $20 000 4% 1016-year (optional) bonds to W. E. Sweet of Denver is reported.
Fayette County, Ohio.— Bids.— Following are the bids received November 20 for the $4,100 5% read bonds
&
—
:
P. S. Brlggg
Co.. Cincinnati. $4,1 60 ro
•"eder. Holiman ft Co., Clncin. 1.167 60
New 1st Nat. B'k, Columbus.... 4,151 25
ft
Bank, Barnesville.. $4, 151 00
Seasongood ft Mayer, Clncin. 4.136 75
First Nat.
.
Lamprecht Bros.
Co., Cleve... 4,116 40
As
stated last week, the bonds were awarded to P. S. Briggs
Co. of Cincinnati.
Findlay, Ohio.—Bonds Authorized.— The City Council has
passed ordinances providing for the issuance of the following
bonds.
&
$1,800 6% East Crawford Street sewer bonds, in'denomination of $240, and maturing one bond in November of every otber year from 1902 to 1911, inelusive.
1.600 5)1 1-6-year (serial) Centre 6treet curbing bonds, in denomination of
$300.
-
:
Nov. 1, 1901, and the interest will be
payable semi-annually at the c trice of the City Treasurer.
Florence, S.
Bond Offering.— Proposals will be received until 9 p. m., December 17, by the Board of Commissioners, E. H. Lucas, Secretary, for $40,f 00 5% public works
bonds. Securities are in denomination of $1,0(0, dated Jan.
1. 1902.
Ititemt will be payable semiannually in Florence.
Principal will mature in forty years, subject to call fcfter
twenty years. A certified check for $1,000, payable to William Hoffmeyer, Chairman of the Board of Commissioners,
Securities are dated
C—
1175
Fremont, Ohio.— Bond Sale.- m .W.veuib. r 81
refunding and $0,500 4% refunding water bondl were
u warded to The Lamprecht Bros. Co., Cleveland, at
and 102-42, respectively. Following arf- the bids
I
4<C
:
t
tm reont Brot. Co., Clevelai
Croatian Hank of Fremonl
reder. Holtman ft Co., Cincinnati
S. Kuhn ft Sons. Cincinnati
.land
W.J. Haye \
\V. II. Todd 4 Co., Cincinnati
>
i
i
u
oo
n 630 oO
v.hoo 00
0'.7
00
>>500
.•56 10
fl,W
Rudolph Kleybolte &c Co., Cincinnati, dfrred $16,050 tor
For description of bonds see Chkonicle Nov
both issues.
p.
H
Uloncester County (P. O. Woodbury), N. J.— Bond Offervg.— Proposals will be received until to-day (Nov. 30), at
tbe office of Geo. E. Plerson. County Collector, for $20,000 4%
Securities were au
registered road- Improvement bonds.
thoiized by the Board of Freeholders at a meeting lield Nov.
21,1901. They are in denomination of $500. Interest will
be payable semi annually and tbe principal will mature onetenth yearly.
Greenville, Miss.— Price Paid for Bondt.—Vfe are jnst
advised that ihe purchasers of the $50,000 5% sewer bonds,
the sale of which we reported in the Chronicle October 12,
Co., Cincinnati, and the price paid
was Rudolph Kleybolte
for tbe same 10010.
Hamilton, Ont.— D* benture Election Proposed.— It is said
that this city will probably vote in January on the question
of issuing $150,000 road debentures.
Hamilton County (P. O. Chattanor ga), Tenn. — Bond
Sale.— On November 26 the $100,000 5* 10-20-year (optional)
funding bonds were awarded to N. W. Hariis& Co., Chicago, at 108'25. Following are the bids
&
:
W
4 Co., Chicago.... 10828
Seasongood 4 Maver. Clncin ..J07568
K. M. .Stafford 4 (^O.. Chatta'ea. 107-43
N.
T
.
First Nat. Bank. Chattanooga. 1C620
Harris
.
Mason. Lewis
P. S. Briggs
ft
DeniBon. Prior
ft
Co., Chicago.
Co.,
Cleve
.
4
Chicago
Co..
1"V148
Co. Cincinnati.. 106-00
.
Thompson, Tenney * Crawford, 105-25
107-40
W.J. Hayes ft Sons. Cleveland. 107-30
107 25
R. Kleybolte 4 Co.. Cincln
Lamprecht Bros. Co., Cleve.. .. 107'00
rarson. Leach
4
.
O.Moore* Bryden
10495
Feder. Holznian & Co., Clncin 104-M
...101-50
W. H. Patterson 4 Co
106941
For description of bonds see Chronicle Oct. 26, p. 923.
Uamtramck, Micb.— Bond Sale.— It is stated in Detroit
papers that this village has sold an issue of $88,000 4% 30-year
water bonds to Matthew Finn of Detroit at 102-40.
Hartford, Minnehaha Count), S. Dak.— Bonds Voted.—
This village has voted to issue $6,000 5% 15-year water bonds.
The date for the sale of these bonds has not yet been fixed.
Hendricks, Minn.— Bond Sale.- On November 22 the $9,000
5% 20-year water bonds were awarded to Thorpe Bros, at
106*666.
Following are the bids
$9,600 00 Kane 4 Co.. Minneapolis
$9,000 00
Thorpe Brrs
:
I
John Nuveen
S.
ft
Co., Chicago.. 9,i93 60
A. Kean. Chicago
9,022 60
I
u. M.
Holmes
For description of bonds see Chronicle Nov.
Holley, N. Y.
Bond
8,660 00
1
Offering.
9, p.
— Proposals will be
1025.
received
until 8 p. m., December 11, by J. M. Brown, Trustee, for $15,000 4£ electric light- plant bonds, whioh were voted at the
election held Nov. 25, 1901. Securities are in denomination
of $1,000. Interest will be payable annually on August 1 at
York exchange.
the State Exchange Bank of Holley in
Principal will mature $1,000 yearly on August 1 from 1906
certified check for $1,000, payable to
to 1920, inclusive.
the Village Treasurer, must accompany proposals. The vil-
New
A
no bonded indebtedness, and the assessed
valuation is given at $841,000.
Hornellsville, N. Y.— Bond 8ale.-0n November 23 the
$50,000 6%% coupon bonds were awarded to N. W. Harris
Co New York, at 103-27. For description of bonds see
lage, it is said, has
&
,
Chronicle Nov. 16, p. 1075.
Hontsville, Ala.— Bond Offering.— Proposals will be receceived until Jan. 7, 1902, for an issue of $40,000 5£ gold
school bonds. Securities are in denomination of $500, dated
Jan. 1, 1902. Interest will be payable in New York City.
Principal will mature Jan. 1, 1932.
Illiopolis, 111.— Bonds Authorized.—The Board of Truetees has authorized the issuance of $5,000 4}£i sidewalk
bonds. Securities were voted at an election held Sept. 14,
1901.
They will be issued in denomination of $500, dated
Oct. 1, 1901. Interest will be payable semiannually at the
office of Duke M. Fareon, Chicago.
Principal will mature
$500 yearly on April 1 from 1903 to 1912, inclusive.
Jefferson, Wis.— Bonds Voted.— This city has voted to
issue bends for water works.
Jefferson County, Texas.— Bonds Proposed.—The issuance
bonds is being considered.
Lacon (111.) Union School District.— Bond 'Offering.—
Proposals will be received until 4 p. m., Dec. 14, 1901, by the
Board of Education, at the office of J. C. Law, Clerk of the
said Board, for the following bonds
of $150,000 road
:
$8,000 4* bonds, series "A," dated Dee. 16, 1801, and maturing $1,000 yearly.
All bonds, however, are subject to call at any Interest-paving p«-n«.d.
1, COO it bonds, series "B." dated April 15. 1902. and maturing $1,000 in seven.
In eight, in nine and In ten years after date. All bonds, however, arc
subject to call at any Interest-paying period.
All the above bonds are in denomination of $500.
Interest
will be payable annually.
Lauderdale County, Miss.— Bond Sale.— The First Namust accompany proposals.
tional Bank of Meridian has purcha-ed at par the $30,000 4%
Fort Worth, Texas.— Re funding Bonds Issued. - Under 3-year (average) bonds mentioned in the Chronicle Oct. 19,
the date of November 25 we are advised by H. M. Noel, 1901.
President of the Noel- Young Bond & Stock Co financial
LewJsburg District, W. Va.— Bonds Voted.-This district,
agent for the city of Fort Worth, th*t $248,000 Fort Worth which includes the town of Lewisburg, on November 16
refunding bonds have been issued up to date. Tbis makes an an'horized tbe issuance of $10,0o0 5jt railway-aid bonds by a
,
additional $33 000 of such bonds put out since our last report,
published in the Chronicle last week on page 1125
vot* of 301 to 133.
the roid is built.
These bonds are not to be issued until
THE CHRONICLE.
1176
Lewis County, Wash.— Bids.— Following are the bide reNovember 16 for the $100,000 10-20-year (optional)
refunding bonds
ceived
N.W.I
For
I
arris
i% Per
4
Co..
Cents.
Chicago
For * Per Cenu.
I
W.J. Hayes A Sons
108-3281
Thompson, Tenner 4 Crawford
Co.. Chlcag<
(lens $700). 100-00
For i'4 Per Cents.
102-101
Coffinan,Dobnon 4Co.,Chchall».10ri0
Soasongood 4 Mayer. Clncln.... 100-56
Duke M. Parson. Chicago
100 3fl
Chas.H- Coffin Chicago
100261
4 Co.. Cincinnati.. 100-00
|
R. Kleybolto
I
For 6 Per Cents.
Denlson, Prior 4 Co..Cleve
10:V240
the new bonds are to be in denominations of not less than
$100 and will mature in 30 years from Jan. 1, 1902. Interest
will be payable quarterly.
Mercer County (P. 0. Trenton), N. J.— Bond Sale.—On
November 22 $25,000 '6)4% 15 year armory bonds were awarded to Dick Bros. & Co., New York, at 102 and accrued interest—a basis of about 3'33^. Following are the bids
:
-
,
Dick Bros. 4 Co., New York ...102T0
Jno. B. Everitt 4 Co., N. Y
10181
W. R. Todd 4 Co.. New York. ...101/0
I
Two
other bids were received from Chicago houses, but
were too late to be considered. As stated last week, the
bonds were awarded to N. W. Harris & Co. of Chicago.
Lewlston, Idaho.— Bonds Voted.— This city on November
19 authorized the issuance of $30,000 water bonds by a vote
of 234 to 50.
Uma, Ohio.— Bend Sale.- On November 25 the $2,914 64
6* West Wayne Street, the $7,062 33 5g West High Street and
the $2,466 19 5g Buckeye and Cherry Alley 1-10 year (aerial)
paving bonds were awarded to the Croghan Bank & Savings
Co. of Fremont. Following are the bids
:
West H'ai/ne
Croghan Bank
4
4 Co., Toledo
Seasonaood 4 Maver, Cincinnati
Atlas National Bank, Cincinnati
9181
8937
Spltzer
60 00
Buckeye
West Ilujh
Street
Alley
Bonds.
$308 12
222 44
216 63
150 00
Bonds.
$105 81
77 87
76 69
50 00
Street
Bonds.
Savings Co., Fremont. $126 7S
For description of bonds see Chronicle Nov. 23, p. 1126,
and Nov. 9, p 1025.
Lompac, Cal.—Bond Election.— An election will be held
December 4 to vote on the question of issuing $40,000 water
bonds.
Los Angeles, Cal.— Bid* Rejected—Bond Sale.— No
We
WEDNESDAY
;
$41»,000
CITY OF ATLANTA, GA,
Gold Refunding Bonds.
Sealed proposals will be received at the office of
the Mayor of Atlanta. Ga., until 12 o clock M., Tuesday, December 3d, 1901, for »418,000 City of Atlanta.
Ga., 30-year 3%% Gold Coupon Bonds of $1,000 each,
due December 31st, 1931. Interest payable July and
January in New York and Atlanta. Bids may be for
the whole or part of said bonds. Bidders to enclose
with bid certified checks for five per cent of par
value of amount bid for check to be made payable
to the order of Thos. J. I'eeples, City Treasurer.
Bidders will be required to receive and pay for
bonds allotted them on December 31st, 1901. The
right is reserved to reject any or ad bids
LIVINGSTON MIMs, Mayor.
C.
KAWSON,
Chairman Finance Committee
or-.further information address J. H. Goldsmith,
•r.,Y
•City
Comptroller.
I.
Walter Stanton
Corn Exchange Bank
Securities are dated Nov.
1,
N.
J,,
receive sealed
will
DATED OCTOBER
NATIONAL BANK, NEW YORK
HANOVER
CITY.
Sealed proposals will also be received for
$15,000
GOLD COUPON FIRE-HOUSE BONDS,
denominations of $1,000 each, dated January 1st,
maturing January 1st, 1906, without option,
free from tax, with interest at 4 per cent, payable
semi-annually, at the HANOVER NATIONAL
in
1901,
NEW YORK
CITV.
City Comptroller will receive sealed bids for
bonds until 12 o'clock M. of MONDAY,
9TH, 1901, reserving, however the
rignt to reject any or all bids.
The legality of these bonds has been approved by
Dillon 4 Hubbard, of New York, whose certificate
as to legality will accompany the bonds when delivered.
The bonds will be engraved under the
supervision of and certified as to their genuineness
by the United Slates Mortgage and Trust Company
of New York.
Blank forms of proposal and full Information
furnished on application to
these
DECEMBER
A. M.
FERGUS COUNTY, MONT.,
GOLD REFUNDING BONDS.
1ST, 1901,
JULY 1ST, 1921, without
option, free from tax, with interest at 4 per
cent, payable semi-annually at the
The
HESTON,
Comptroller.
The Board of County Commissioners of Fergus
County, State of Montana, will, on the 19to day of
December, A.D. 1901. at the hour of 2 o'clock P.M. at
their office in the City of Lewistown, In said County,
receive proposals for the sale of Fifty Thousand
Dollars of Fergus County Reiunding Bonds, issued
for the purpose of redeeming a like amount of the
bonds of said County, of the issue of 1891, now
outstanding and redeemable.
The bonds to be issued pursuant to the provisions
of Article 3, Part i, Title 2, of the political Code of
the State of Montana, and the laws amendatory
thereof; said bonds will bear interest at a rate not
to exceed 6 per cent per annum and will be payable
January 1st, 1»22, and redeemable after the 1st day
of January. 1912.
Bidders must state the minimum rate of interest
that they will purchase bonds drawing. Bonds to
sell at par.
Propo»als should be addressed to "C. M. Kelly,
County Clerk, Lewistown, Fergus County, Montana,"
and marked " Proposals tor bonds."
The Board of Commissioners reserve the light to
reject any or all bids.
By order of the Board of Commissioners,
SAMUEJL PHILLIPS. Chairman.
Attest: C, M. KELLY, County Clerk.
New Orleans, J.n., 4s.
Town of Covert. >". Y..
Allenhui'st.
>"
Perth Amboy,
INVESTMENT BONDS.
SEND FOR
LIST.
BOSTON.
Blodget, Merritt
&
Co.,
BANKERS,
16
Congress Street, Boston.
5%
GOLD BONDS
upon application."
Bank
Building.
JONES &
CO.,
NASSAU STREET
112 SO. FOURTH STREET
1
Perry, Coffin
&
Burr,
INVESTMENT BONDS.
6o State Street,
BOSTON.
MUNICIPAL BOND8.
E. C.
STANWOOD &
Co..
CO.,
BANKERS.
121 Devonshire Street
CHICAGO.
BOSTON.
TROWBRIDGE & NIVER
First National
3H*.
J.. 4^9.
N. J.. 4*.
-
PHILADELPHIA,
New York.
STATE, CITY & RAILROAD BONDS.
sent
C.
NEW YORK,
15 Wall Street.
" Full description of specially
attractive
.
Southern Pines, N. C, (is.
York (Pa.) County Traction Co., 1st
trltge. Gold 5s.
EDW.
OENISON, PRIOR & CO.
CLEVELAND.
LOANS.
^50,000
CITY,
MATURING
sale.
1901.
NEW
LOANS.
denominations of 11,000 each,
BANK.
10PO3
Bids rejected, as they did not comply with the rules governing the
GOLD COUPON PAVING BONDS,
In
Sherrlll, Pougbkeepsie.... 104-656
104-38
4 Co.. N. Y
J. Hayes 4 Sons. Cleveland. 10f261
104-25
4 Co.. N. Y
Laiuurechi Bros. Co.,Cleve
10407
Lawrence Barnum 4 Co., N. Y. 103*03
W.
-
.
*
W.
Parson. Leach
Allen. Sand 4 Co., New York.. .105 25
D. Everitt 4 Co., New York..l0ol25
104-797
Oeo. M. Hahn, New York
£135.000
:
WM.
W.
The City of Atlantic City
proposals for
Sealed proposals will be received by the town
council of the town of West Hoboken at the
Council Chamber in the Town Hall corner of Clinton
Avenue and Charles Street, on
EVENING,
4TH, 1901, at 8 o'clock,
for the purchase of twenty-five thousand dollars
of the bonds of said town to be issued in part renewal
Of bonds of said town maturing January 1, 1902,
under the provisions of the Act of the legislature
of New Jersey entitled "An Act authorizing towns
to renew matured and maturing bonds" approved
April 16. 1897.
The bonds to be Issued will be
twenty- five in number, for one thousand dollars
each, bear date as of January 1, 1902, be payable
twenty years after date, and bear interest at the
rate of ty& per cent per annum payable semiannually, and will have coupons attached for eacb
half year's interest or may be registered, at the
option of the purchaser. The purchase price to
be paid and the bonds delivered on the 31st day of
December, 1901, at the office of the Town Treasurer.
Each proposal must be accompanied by a deoosit
of one thousand dollars either in cash or certified
oheck to the order of the Town Treasurer, for which
the Town Treasurer's receipt will be given
the
deposits of the unsuccessful bidders will be returned
immediately after the award of the bonds is made;
the deposit of the successful bidder will be retaiued
and applied in payment of the purchase price or
in case of his Jailure to complete the purchase
wilhiu the prescribed time, the bonds will be sold
either at public or private sale for the best price
that can be obtained, and any deficiency of price
arising thereby and all costs and expenses of re-advertising (if any), as well as all loss suffered by the
town by reason of such failure, will be retained out
of such deposit.
No conditional bid and no bid for less than the
par value of said bonds will be received.
All bids that do not comply with the terms and
conditions herein stated will be considered informal
and will be rejected, and the Town Council reserves
the right to reject any and all bids if deemed for
the Interest of the town so to do
JOHN P. McMAHON, Town Clerk.
Zy2 %
—
N. Y. Bond Offering. The Common Counpublic sale at 8 p. m. December 10 $16,000 4%
tax-relief bonds, maturing Dec 1, 1904, and $38,000 i.% assessment bonds, maturing Dec. 1, 1906. Securities are in denomination of $1,000, dated Dec. 1, 1901. Interest will be payable
semi-annually at the office of the City Treasurer. A certified
check for $1,000, payable to the City of Mount Vernon, must
accompany proposals for each of the above issues.
Bond Sale— On
Nassau County (P. 0. Mineola),|N.
November 22 $35,000 3%% 30-year gold coupon county-building bonds were awarded to N. W. Harris & Co., New York,
at 105 33— an interest basis of about 3'222£.
Following are
the bids
Mount Vernon,
cil will offer at
BONDS
BONDS.
DECEMBER
Treasurer.
$150,000
J.,
101-87
Vorkaoo-ea
Mount Carroll, III.— Bond Sate.— On November 16 an issue
of $1,500 i.% 2-4-year (serial) water-tower bonds were awarded,
$1,000 to the First National Bank of Mount Carroll and $500
to another banking institution, both bids being at par.
Securities are in denomination of $500, dated Djc 1, 1901. Interest will be payable annually at the office of the City
J.
Town of West Hoboken, ATLANTIC
CO., N.
4 Co.,
1076.
Harris 4 Co., New York.. 106-33
Dick Bros.4Co., New York....*106-b4
M. A Stein, New York
*105M6
Macon, Ga.— Bonds Pi'oposed. -The Bond Commission and
HUDSON
Karson, Leach
Y
New
Co.. N.
Missoula County (Mont.) School District No. 1.— Bond
Sale.— On November 23 the $45,000 4* 10-20-year (optional)
refunding bonds were awarded to the State of Montana at
101 '333.
For description of bonds see Chronicle Nov. 16, p.
N.
the Citv Council have agreed on a bill to be presented in the
State Legislature providing for the issuance of $900,000 4%
bonds for the purpose of funding thi floating debt and to
take up the outstanding bonds of the city. Under the bill
$25,000
W. Harris 4
:
&
NEW
N.
X—
satis-
factory bids were received on November 18 for the $2,000,000
3%% water bonds described in the Chronicle November 9 on
page 1025.
are advised by wire, however, under date of
November 25, that the bonds have since been sold to the
Commercial Investment Co. of Dnluth and Trowbridge
Niver Co. of Chicago at par and accrued interest
NEW LOANS
[Vol. LXXIII.
NOVEMBER*
THE CHRONICLE
30, 1901.1
Redlands, Cal.— Bond tmle.—The $5,500 A)i% 1 11-ytar
bonds offered for sale on October 30
have been awarded to the Union Bank of Re>dland«at 100'4M.
For description of bonds see Ciikomi LI Oct. ID, p. 866.
Kirerliead, N. Y.— Loan Negotiated.— Thin town, it is said,
has borrowed $2,000 to pay ontHtanding Indebtedm
Roberts County, S. link.— Honda Voted,—Thlt county has
voted to issue $10,000 court-house and $10,000 poor-farm
New Kochelle, N. Y.— Bond Sale.- On November 25 th«
$40,000 6% certificates of indebtedness maturing Nov. 6, 1902,
Kabler, New York, at 101-49U.
were awarded to O'Connor
For description of securities see Chronicle Nov. 16, p. 1076.
New York City.— Bond Offering.— Proposals will be received until 2 p. M., Dec 12, 1901, by Bird S. Coler, City
gold corporate stock, as folComptroller, for $7,891,000
(8erial)gold fireball
&
m%
lows
:
8.500,000 stock for construction o( IKuptd] Transit Railroad, miiturinj.' Nov. 1.
IMS.
1,000,000 stock for school houses and sites in Manhattiin ami Tne Bronx, maturing Nov. 1. Hill.
000.000 stock for school houses and sites In Brooklyn, maturing NOT. 1. 1941.
200,000 stock for school houses and sites la Queens, maturing NOV. I. mil.
760.(00 stock for new EmI Klver Bridue, luniiinnu Nov. 1. 11*11.
750,000 stick tor bridge between Manhattan aucl Queens, inaturinj.' N
1041.
160,000 stock for bildiri- over Ilaileiu Klver, maturing' Nov.
860.000 etook tor bridge over Harlem River, maturing Nov.
1.
l.
bonds.
Rock wood, Tenn.— Bonds Voted. — By a vote of 154 to
on November 20 authorized the issuance of $6,000
28, this city
electric-light-r>lant bonds.
Sun Francisco, Cal.— Bonds Proposed.- Local papers state
that the Supervisors are consideringjbills providing for the
ist-nanr.e of over fifty millions of bonds as follows
$38,000,000 for water, $650,010 for library 6ite, $">00,on0 for hospital,
$3,t 00,000 for Geary Street Railway, $5. 6i 0,000 for sewers,
$1,820,250 for school houses and lots and $725,000 for parks,
1011.
ihi.
:
Department of Docks and Kernes, maturing Nov 1. 1041.
2*l,too stock for Fire Derailment, maturing Nov. l. ion.
500,000 stock for new aqueduct, maturing Oct. 1 1081.
Interest will be payable May 1 and November 1 on all the
bonds except the $500,000 new f queduct bonds, which will be
payable April 1 and October 1. Eithtr money or a certified
660,001) stock tor
an aggregate of $50,295,850.
San Juan, Porto Rico. Bond Sale.— On November 23 the
$600,000 6* 10 20-year (optional) bonds of this city were
check drawn to the order of the City Comptroller upon
one of the State or national banks of New York City for 2%
of the par value of the stock bid for must accompany propo
sale, The above stock is free from all taxation in the State of
New York
awarded
H 3-0625.
Santa Monica, Cal.— Bonds Voted and Defeated.— The
election held November 19 resulted in favor of issuing $85,000 city- hall and $25,000 bridge bonds, but » gainst the iss uance of $10,500 improvement and $29,000 storm-drain bon ds,
the latter iesues having failed to receive a two-thirds majority.
Sioux County, Iowa.— Bond Election. An election will be
held December 18 to vote on the question of issuing $60,000
loan of $<20,000 in anticipation of the collection
**
M. Ceballos & Co. of New York City at
For description of bonds see Chronicle Ncv. 2,
to J.
p. 975.
except for State purposes.
Northampton, Mass.— Loan Authorized.— The Council has
authorized
1177
of taxes.
Oceana County, Micb.— Bonds Proposed.— There
is
talk of
—
county ls^uiDg $15,000 jail bonds, but the matter has not
yet taken d< finite shape.
Oneida County, N. Y.—Bond Resolution Defeated.—The
Board of Sup r visors on November 22 voted against a resolution providing for the issuance of $350,000 court-house
bonds. These bonds are authorized by Chapter 89, Laws of
1901, snd after the above resolution was defeated the board
passed a eecend resolution requesting the State Legislature
to amend the above named Coapter by providing for the subthis
court house bonds.
Sioux Falls, S. Dak.— Bond! Offering —Proposals will be
received on or before December 1 by E. G. Ltdyard, City
Auditor, for the $210,000 20- year gold water bonds authorized at the election held Nov. 5, 1901. Interest on bo.fds
(rate to be named in bids) must not exceed 5£, and w-~ ll be
payable semi-annually in New York City.
Stamford (Texas) independent School District.— Bonds
Approved and Registered. The State Attorney General has
approved and the State Auditor registered an issue of $8,000
mission of the question to a vote of the people in 1902.
Pacific County, Wash.— Bond Sale.—It is reported that an
issue of $33 000 lefundirjg bonds has been sold to Thompson,
Tenney & Crawford Co., Chicago, at par.
—
bonds of
this district,
$88,000
INVESTMENTS.
Qeo. D. Cook Company
Mclean county, Illinois,
IN VESTMENT SECURITIES.
INVESTMENTS.
4% Court House Rebuilding Bonds.
Dat ed November 1. 1901. Denominations $1,000 each
21,000 due November 1, \\n 2.
24.0H0 due November 1, 1001.
26,000 due November 1, 1005.
17,000 due November 1, 1006.
Price
»M
yielcitnjr
per cent.
119,309,778
Assessed valuation
96,54H,890
Actual valuation
D28.000
Indebtedness, including this issue
Population. Census lOcO. 6",8»8.
City of Bloomlngton is the county seat.
The entire bonaed debt of this county was created
to rebuild the Court House destroyed by Are about
two years since. McLean County Is not only the
largest In the state, 1,16« square miles, but Is one
of the moht fertile and wealthy.
Legality of issue approved by Storey, Thorndtke &
Palmer, Boston, .Muss.
J.
WILD
F.
238-240 La
1442 Broad-Exchange Bide.
Indianapolis.
WE
OFFER. TO YIELD ABOUT
Maturing
1
ST.,
CHICAGO,
L.IST
to 30 years.
&
Rudolph Kleybolte
NASSAU
NEW YORK
Co.
CITY.
MUNICIPAL
AND
E. H.
Service
MUNICIPAL
and
Attractive h% Minnesota Bonds
B.
Will hay the assets of estates
«fc
CO..
where in the United
States.
DUKE M. FARSON &CO.
December Investments.
St.,
MUNICIPAL. RAILROAD AND CORPORATION
BONDS.
CHICAGO.
Send for our Investment Circulars.
MUNICIPAL
BA1LB0AD
CORPORATION
Street
FARSON, LEAGH &
WW
CHICAGO.
CO.,
YORK.
RONTON.
HO Devonshire
R.FULTON &
St.
F.
BONDS.
Choice Issues.
full particulars.
POWELL
Philadelphia,
SEND FOR LIST
Yielding an exceptional net return.
Woodstock, Vermont.
St.,
BONDS
CHICAGO.
San Francisco.
Walnut
518
Netting from 3)£ to U% always on hand.
•lonatlnock Bolldlug,
BARRY
Ashland Block, Chicago,
ON APPLICATION.
CORPORATION
Corporation
BOSTON.
Write for
CO.,
in process of liquidation, any-
BONDS.
MASON, LEWIS & CO.
ROLLINS & SONS
BANKERS,
Denver.
REALIZATION
ILLS.
•
115 Dearborn
Public
ASSETS
172 Washington Street,
3 per cent 1st Mortgage Sinking Fund
Gold Bond*.
I
Railroad and other bonds adapted
for truht funds and savings.
188 US TRAVELERS' LETTERS OF CREDIT
A VAILABLB IN ALL PARTB OF THE WORLD.
& Power Co. CORPORATION oUNUb,
Butte, Mont.,
$1,000.
Salle Street, Chicago.
T. B. POTTER,
MUNICIPAL and BAMnc
(Total Issue, Si, 000, 000)
Denomination,
IVInnlclpal,
3*.
$400,000
Butte Electric
La
BOSTON.
In
Co.,
BONDS.
171
NEW YORK.
Quotations furnished for purchase, sale or exchange.
&
AND CORPORATION
MUNICIPAL
CO., Bankers,
&,
BANKERS.
Salle Street,
MacDonald, McCoy
N.
31 NASSAU ST..
CHICAGO.
Deal exclusively
CHICAGO.
N. T. Office.
INVESTMENTSW. HARRIS & CO.,
Railway and Gas Companies.
LIST ON APPLICATION.
v.O.,
Municipal Bonds,
171
LA
SALLE
STREET,
CHICAGO.
THE CHRONICLE.
1178
[Vol. LXXIII.
—
Stonewall County, Texas.— Bends Approved. The Attorney-General has approved the following bonds: $20,000 refunding bridge bonds, $12,240 refunding conrt-house bonds
and $1,000 refunding jail bonds.
Throop(Pa.) School District.— Price Paid for Bonds.—
We are advised that the $7,000 5% bonds, the sale of which
we recorded last week, were taken at par by the following
parties
The First National Bank of Fore3t City, Joha
Lavin, James Murphy, John O'iloro and Robert Lyons, all
of the borough of Throop; Mrs. Ellen Fleming of Soranton
and Mary E. Clark of Pleasant Mount. Securities are in
denomination of $500, dated Nov. 1, 1901. Interest will be
pa}T able semi annually and the principal is subject to call at
any time within a period of ten years.
Tilbury West Township (P.
Comber), Ont.— Debenture
Sale.— On November 15 $2,030 65 4^* 5-year drainage debentures were awarded to Ainslie & Ainslie of Comber for a
premium of $20 and accrued interest.
TituBville, Pa.— Bonds Defeated.— An election was held
on November 12 to vote on the question ot issuing $22,000
mill-race bonds. The proposition failed to carry.
Troy, N. Y. Bond Sale. This city sold the earlv part of
this month an issue of $42,000 %%i school bonds to Jose. Parker & Co. of Boston. Securities were issue! to pay off existing
indebtedness incurred in the construction of the new highschool building.
Vaeavllle, Cal.—Bonds Defeated.— The question of issuing
$30,000 5% gold sewer bonds was defeated at the election held
Nov. 20, 1901.
Versailles, Darke County, Ohio.—-Bond Sale.— Oa Novem
ber 26 the $10,000 5% water- works and electric-light-extension
bonds were awarded to P. S. Briggs & Co., Cincinnati, at
1 12-035.
For description of bonds see Chronicle Nov. 2, p.
$3^,000
I
Blodgot. Merrilt
Geo.
A
KirnuM A
.A
Co., lioston
<""o.
Boston
Burnett. Cutnmings
103-51
10V06
$%%
refunding bonds. Securities are in denomina$25,000
tion ©f $1,000, dated Jan. 1, 1902. Interest will be payable
semi-annually at the Hudson Trust Co., West Hoboken.
Principal will mature Jan.
1,
A deposit
1922.
in cash or a certified check, payable to the
the advertisements elsewhere in this Department.
Xenia, Ohio.—Bonds Defeated.— The, question of issuing
fire-department bonds was voted upon at the election November 5 and defeated.
Yakima Couuty (Wash.) School District No. 37.— Bond
Proposals will be received until 11 a. m December
Offering.
7, by W. B. Dudley, County Treasurer, North Yakima, Wash.,
for $1,000 1-5-year (optional) school house bonds. Bidders
are to name rate of interest, not exceeding 8%.
Yakima County (Wash.) School District No. 56.—Bond
Offering. Proposals will be received until 11 a. m December 7, by W. B, Dadley, County Treasurer, North Yakima,
Wash., for $1,500 10 20-year (optional) school house bonds.
Bidders are to name rate of interest, not exceeding 8£.
—
city has sold $32,000
high-school bonds due July, 1920, $31,000 %%t highschool bonds due January, 1921, and $30,000 Z}4% school
bonds due July, 1921, to Blodget, Merritt & Co., boston, at
10503, 105 14 and 105 27, respectively. Following are the bd':
,
—
,
MISCELLANEOUS.
INVESTMENTS.
THE GRAND PRIX.
18SO.
1901.
The United
Always.
<
«
«Q
m
s
WAS AWARDED AT THE PARIS EXPOSITION TO
PAPERS.
They are the only American papers which have
ever received this— the highest honor that can be
conferred.
It means they are the most perfect
tuade. Insist on having them for your fine corres
oondence and your office stationery. Are you using
Whiting's Ledger Papers in you Blank-Book
Samples and booklet free.
WHITING PAPER COMPANY,
And
150
Ut
LAB
Geo. G. Williams,
prcs. ohem. Nat. Bank
Tucker,
.
Builder
E. H. PERKINS Jr., Pr.Imp.4Trad.Nal.Blc.
James R. Plum,
Leather
John
....
and successful Agents who desire
make DIRECT CONTRACTS with this
well-established and progressive Company,
thereby securing for themselves not only an
Active
to
immediate return for their work, but al»o
an increasing annual income commensurate with their success, are invited to com-
RICHARD E. COCHRAN,
at the Company's
£77 Broadway, New York City.
Tfiird Vice-President,
Duane Street, New York.
Office,
Assets, over SS.000,000.
specialties.
SECURE BANK VAULTS.
Insurance tn Force, over 840,000.000.
•*.
THE AMERICAN
MANUFACTURING
COMPANY.
WALL STREET, NEW YORK.
&
Seasongood
I.
«*
J.
municate with
hol.yoke.mass..
j
ig
A
FINANCE COMMITTEE:
WHITING'S STANDARD
CORDAGE
YORK.
Geo. H. Burford, President.
Remington
TRANSMISSION ROPE.
Life
States
Insurance Co.
THE CITY OF HEW
IH
THE
York.
Treasurer,
must accompany proposals. No conditional bids will be conJohn B. McMahon is Town Clerk.
The official notice of this bond offering will be found among
Waltham, Mass.— Bond Sale.— This
New
of $1,000 either
Town
sidered.
%%%
327 Broadway,
10375
West Uoboken, N. J.— Bond Offering.— Proposals will be
p. m., December 4, by the Town Council, for
improvements.
Benedict,
104-46
received until 8
Versailles (Ky.) School District.— Bonds Defeated.—This
district has voted against the issuance of bonds for school
&
I0T479
10l'3D6
104 HU
103-60
&
976.
Wyckoff, Seamans
106'03
104 91
104-78
104-763
104'
104'2!i
AGO, Boston
10617
lOfSl
10C77
10477
IDVtJS
104-688
104'304
Bros.
fUS.
Interest on bonds will be payable on January 1 and July 1
at the Boston Safe Deposit
Trust Co., Boston. They are
all in denomination of $1,000.
Washington, Pa.— Bond Election.— An election has been
called for December 28 to vote on the question of issuing
$70,000 sewer bonds.
—
Typewriter.
$30,000
]p,nl
"U
10S'03
104 60
A Co., Boston
Kstaurook A Co., Boston
It. L. Day A Co.. Boston
I'erry, Coftln A Burr, Boston
W. J. Uaycs A Sons, Boston
I'.lnke
:
Absolutely Reliable
$31,000
71</n i
Mayer,
W. Corner Third and Walnut
CINCINNATI, OHIO.
Streets,
MUNICIPAL BONDS.
Hlgh-Grade
QENUINE
WELDED CHROME STEEL AND IROK
City, County,
Town and
School Bondi
leading prosperous States of the Union,
especially adapted for safe and permanent Investment for Estates and Trust Funds.
•sued
In
Utnna and Flat Bars and 6-ply Plates and Anglei
RANGE OF PRICES
FOR
20 YEARS.
1881— 1900
OUR ANNUAL
THE FINANCIAL REVIEW
Gives a monthly range of Stock and Bond Prices
for five years.
1886
1891
1896
1901
Issue
issue
issue
issue
gives
gives
gives
gives
PRICE.
WM.
CHROME
ST.,
Ac.
positively
and
WORKS.
Sts..
BROOKLYN, H.Y
STEEL,
Kent Ave. Keap and Hooper
3 :JeMan'f'ersin t.heU.S.
NEW YORK.
The Trust Company
of North America.
503-505-507 Chestnut
St.,
CAPITAL
CHRONICLE VOLUMES
FOR SALE:
Philadelphia.
81.000,000.
Acts as Executor, Trustee, Registrar, etc. Becomes Surety. Complete set of Safe Deposit Vaults.
Interest on Deposits.
ADAM
President
A. STULL,
Vice-President and Trust Officer
Seo'y
and
THOMAS ROBINS.
Treas., HENKY G. BRENGLB.
DIRECTORS
second-hand bound volumes 1877-1895—
38 volumes— in good order.
Newly-bound volumes for recent years furnished
at six dollars.
James Crosby Brown,
Tohn Cadwalader,
E.
W. Clark Jr.,
Edwin S. Dixon,
Eugene L. Ellison,
Joseph C. Fraley.
PBR COPY.
DANA COMPANY,
B.
76K PINE
drilled,
Burglar Proof.
A set of
1881-1885
1888-1890
1891-1895
1896-1900
$2
FOR SAFES, VAULTS.
Cannot be 8awed. Cut, or
WILLIAM
/7KK Pine
B.
St..
DMA
CO.,
New York.
Harry C. Francis.
Henry L. Gaw. Jr.,
Howard S. Graham,
Samuel F. Houston,
J.
Levering Jones.
Isaac J
Malcolm Lloyd,
John Mcllhenny,
Clen.ent B. Newbold,
John \V. Pepper,
William F. Read,
Thomas
Koblns,
A. Stull.
D. Toland,
Joseph R. Wainwright,
George B. Wilson,
William D. Winsor,
Wistar.
Adam
Edward
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